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|---|---|---|---|---|
|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|
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|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|
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|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|
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|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|
##
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|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|
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|---|---|---|
|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||
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##
|||||||
|---|---|---|---|---|---|
|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|
##
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|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)|