2021-03-31-accounts

				Page
Report ofthe	trustees			1-6
Legal and administrative			information
Independent	auditor's	report		8-10
Statement of	financial	activities
Balance sheet				12
Statement of	cash flows			13
Notes forming	part of	the	financial statements	14-24

as at 31 March 2	0	21
					2021 K		2020f
Fixed assels
Tangible assets			12				105
Investments			13				34
							139
Current assets
Stocks			14	13,925		13,620
Debtors			15	62,57B		103,194
Cash at bank and in hand				766,479		463,960
				S42,9SO		580,774
Cmdilnm: amounts		falling
dus within one year			16	125,946		180,483
Net cunent assets					717,034		400,291
Total assets less curmnt liabilities					717,496		400,430
Cmditom: amounts		falling after
more than one year			17		42.530
			18		674,966		400,430
The funds ofthe charity:			19
Restricted income	funds				677,070		430,855
Unmstricted income		funds
Designated funds					462		139
General funds					(2,566)		(30,564)
Total unresblcted	funds				(2,104)		(30,425)
Total funds					874,966		400,43O

Forthe year ended 31 March 202	1
			2021f	2020 t:
Net cash used in operating activities:
Net income for the year			274,536	287,881
Add back depreciation charge			213	344
Add back loss on disposal of investment			34
(Increase)/decrease in stocks			(305)	4,565
Decrease in debtors			40,618	49,195
(Decrease)/increase in creditors			(62,007)	71,682
			253,089	413,667
Cash flows from investing activities
Purchase oftangible fixed assets			(570)
Cash flows from financing activities
Loan funds received			50,000
Increase in cash and cash equivalents		in the year	302,519	413,667
Reconciliation of net debt
Increase in cash and cash equivalents	in	the year	302,519	413,667
Cash and cash equivalents brought forward			463,960	50,293
Cash and cash equivalents carried forward			766,479	463,960

Grants and donations	Grants and donations	Grants and donations				2021			2020
				Restricted	.stricted	Total	Restricted	Unrestricted	Total
				K	6		6	F	6
Donations - monetary					42,908	42,908	1,500	56,071	57,571
Donations - ICT equipment					132,480	132,480		226,464	226,464
					175,388	175,388	1,500	282,535	284,035
Income from charitable			activities					2021	2020
								f.	6
Unrestricted
Sales ofdonated	ICT equipment							231,080	377,144
Operating system		and MS Office software						27,297	28,675
Collection fees								21,556	36,795
ICT recycling fees								21,229	28,806
Shipping and insurance			income					10,351	48,429
Telecoms and cartridge			recycling fees					141	1,259
ICT peripherals									390
								311,654	521,498
Restricted
Project delivery								544,545	875,538
								856,199	1,397,036
Costs ofraising	funds							2021	2020
								Unrestricted	Unrestricted
								'Z	6
Costs ofgenerating		donations		of ICT equipment				5,871	23,801
Fundraising costs								3,628	8,527
Staff costs								28,323	34,902
Subcontracting									25,483
								37,822	92,713

5	Expenditure		on charitable activities	on charitable activities	on charitable activities		2021	2020
						Note	E	K
	Unrestricted
	ICT equipment			collected			132,480	226,464
	Shipping and		packaging				6,260	45,191
	Insurance						2,426	2,405
	Collection of	ICT equipment					33,255	69,003
	Purchase of	ICT equipment					8,755	11,502
	International	programs					10,622	27,926
	Partner refurbishment				and recycling costs		61,491	124,885
	Partner software			licences			26,039	21,403
	Staff costs						166,233	166,610
	Subcontractors							10,467
	Support costs						127,567	163,122
	Governance	costs					17,196	18,149
							592,324	887,127
	Restricted
	International	programs					187,816	416,899
							780,140	1,304,026
6	Support costs						2021	2020
							Unrestricted	Unrestricted
							6	K
	Staff costs						72,656	76,855
	Transport and		travel				94	2,990
	General office		costs				33,089	62,657
	Accountancy						14,046	13,535
	Depreciation						213	344
	Other costs						5,837	4,551
	Bad and doubfful			debts			1,632	2,190
							127,567	163,122

2021	2020
Unrestricted	Unrestricted
6	K
13,700	14,449
3,496	3,700
17,196	18,149

Net income for the year			2021	2020
			6	E
Is stated	after charging:
Depreciation oftangible fixed assets			213	344
Auditor's	remuneration		3,496	3,700
		18

9	Staffcosts, remuneration	ofkey management	personnel,	and average staff numbers
					2021	2020
	Staff costs were as follows				8
	Salaries				256,077	261,665
	Social security costs				24,244	25,386
	Pension costs				6,072	5,766
					286,393	292,817

2021	2020
No.	No.

Chief Executive	Officer
Management
Administration	and support

Tangible fixed assets		Plant &
		machinery
		R
Cost
At 1 April 2020		1,682
Additions		570
Disposals		(950)
At 31 March 2021		1,302
Depreciation
At 1 April 2020		1,577
Charge for the year		213
Eliminated on disposal		(950)
At 31 March 2021		840
Net book values
At 31 March 2021		462
At 31 March 2020		105
There were no capital commitments	at 31 March 2021 (2020: Nil).

		Other k	Totalf
Cost
At 1 April 2020		34	34
Additions
Disposals		(34)	(34)
At 31 March 2021
Stock		2021	2020
			6
ICT equipment		13,925	13,620
Debtors		2021	2020
Accounts receivable		50,309	63,181
Prepayments	and accrued income	12,267	24,390
Other debtors			15,623
		62,576	103,194

Accounts receivable	Accounts receivable
Prepayments	and accrued income
Other debtors

16	Creditors:	amounts	falling due within one year	2021	2020
				8	'Z
	Bank loan			7,470
	Accounts	payable		84,510	140,355
	Social security and other taxation			7,999	7,983
	Accruals and deferred		income	20,355	15,136
	Other creditors			5,612	17,009
				125,946	180,483
17	Creditors:	amounts	falling due after more than one year	2021	2020
				8	8
	Bank loan			42,530

			Unrestricted	funds		Restricted
		General	Designated		Total	funds	Total
		8		8		8	8
Current	year
Fixed assets			462		462		462
Current	assets	409,340			409,340	433,640	842,980
Current	liabilities				(122,162)	(3,784)	(125,946)
Long term liabilities		(42,530)			(42,530)	-	(42,530)
		244,648	462		245,110	429,856	674,966
Prior year
Fixed assets			139		139		139
Current	assets	147,134			147,134	433,640	580,774
Current	liabilities				(177,698)	(2,785)	(180,483)
		(30,564)	139		(30,425)	430,855	400,430

19	llllovement	in funds	in funds
						At	1 April	Income	Expenditure	Transfers	At 31 March
							K	K	K	K	K
	Current year
	Restricted	funds	- capacity		building	projects:
	Dell Technologies					403,813		297,311	(141,368)	(84,405)	475,351
	Donations via Charities Trust				(Dell projects)			25,147	(25,147)
	SITA						25,262	196,428	(12,912)	(21,164)	187,614
	Sara Emanuel							8,000			8,000
	The Nairoshi	Foundation						6,502	(2,087)	(4,41 5)
	The Calleva	Foundation						6,000			6,000
	VMware							4,259	(4,259)
	Association	ofProgressive		Communications				648	(543)		105
	William A Cadbury		Charitable		Trust			250		(250)
	Others						1,780		(1,500)	(280)
	Total restricted funds					430,855		544,545	(187,816)	(110,514	677,070
	Unrestricted	funds
	Designated	fund -	tangible	fixed assets		fund	105			357	462
	Designated	fund -	investments		fund		34			(34)
							139			323	462
	General fund					(30,564)		547,953	(630,146)	110,191	(2,566)
	Total unrestricted		funds			(30,425)		547,953	(630,146)	110,514	(2,104)
	Total funds					400,430		1,092,498	(817,962)		674,966

19	Movement in funds	(continued)	(continued)	(continued)
					At	1 April	Income	Expenditure	Transfers	At 31 March
						6	K	K	E	E
	Prior year
	Restricted funds - capacity building				projects:
	Dell Technologies					80,424	691,746	(240,470)	(127,887)	403,813
	Donations via Charities		Trust (De(l projects)				35,438	(29,955)	(5,483)
	SITA					2,917	133,068	(77,083)	(33,640)	25,262
	YCare International					19,517	8,486	(20,468)	(7,535)
	British &Foreign School		Society			40,500		(40,000)	(500)
	The Calleva Foundation						4,500	(4,500)
	Endemol Shine					625		(625)
	Freshleaf Media					719		(719)
	Oasis of Love Christian		Centre			432		(219)	(213)
	Robinson Charitable	Trust				1,500			(1,500)
	Rufford Foundation					2,500			(2,500)
	W F Southall Trust						2,000	(2,000)
	Others						1,800	(860)	840	1,780
	Total restricted funds				149,134		877,038	(416,899)	(178,418)	430,855
	Unrestricted funds
	Designated fund - tangible fixed assets				fund	449			(344)	105
	Designated fund - investments			fund		34				34
						483			(344)	139
	General fund				(37,068)		807,582	(979,840)	178,762	(30,564)
	Total unrestricted funds				(36,585)		807,582	(979,840	178,418	(30,425)
	Total funds				112,549		1,684,620	(1,396,739)		400,430

20	Commitments	in respect ofproperty	in respect ofproperty	in respect ofproperty	licences	licences			2021	2020
									E	E
	At 31 March	2021 the	Charity	had	future	minimum	lease	payments
	under a non-cancellable		property	licence as		follows:
	Not later than	one year							15,375	9,356

		2021	2020
		KES	KES
Profit and loss account
Income		2,360,262	3,461,464
Operating costs		2,168,432	3,452,406
Result for the year	before tax	191,830	9,058
Balance sheet
Debtors		110,000	260,000
Cash at bank		4,709,811	55,752
		4,819,811	315,752
Creditors: amounts	falling due within one year	4,805,804	465,785
Net liabilities		14,007	(150,033)