2022-06-30-accounts - Hi-Hand

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees		1 to	5
Independent Examiner's	Report
Statement of Financial Actlvltles
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		11 to	25
Detailed Statement of Financial Activities		26 to	27

							2022	2021
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes	I	I		I
INCOME AND ENDOWMENTS			FROM
Charitable activities					75,529	137,704	213,233	477,956
Other trading activities					138		138	591
Investment Income					120		120	28
Other Income					390		390	252
Total					~76 177	1~37704	~213881	~478 827
EXPENDITURE ON
Raising funds				5	1,614		1,614	3,181
CharItable activities
Charitable Activities					~78 627	2~72 370	~350997	~245 579
Total					~80 241	2~72 370	~352611	~248 760
Net gains on investments								~539 186
NET INCOME/(EXPENDITURE)					(4g064)	(134~666)	(138~730)	769,253
Transfers between		funds		18	~25 757)	~25 757
Net movement in	funds				(29,821)	(108,909)	(138,730)	769,253
RECONCILIATION	OF FUNDS
Total funds brought		forward			733,234	143~520	876g754	107,501
TOTAL FUNDS CARRIED FORWARD					703,413	34,611	738,024	876,754

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	E	E	E	E
FIXEDASSETS
Tangible assets Investments			12 13	720 ~9620		720 ~9620	~9620
				10,340		10,340	9,620
CURRENT ASSETS
Debtors			14	502i885		502,885	2,913
Investments Cash at bank and	in hand		15	25,000 169,328	~34611	25,000 203,939	25,000 ~843 241
				697,213	34,611	731,824	871,154
CREDITORS
Amounts falling due within		one year	16	(4r140)		(4,140)	(4,020)
NET CURRENT ASSETS				6~93073	~34611	~727 684	~867 134
TOTAL ASSETS LESSCURRENT
LIABILITIES				703g413	34r611	738g024	876 754
NET ASSETS				7~03413	~34611	~738024	~876 754
FUNDS			18
Unrestricted funds Restricted funds						703,413 ~34611	733,234 ~I43 520
TOTAL FUNDS						738,024	~876 754

		2022	2021	2021
Notes			5
Cash flows from operating activitIes Cash generated from operations	1	~630 732)	230	529
Net cash (used in)/provided by operating	activities	~638732)	230	529
Cash flows from investing activities Purchase of tangible fixed assets Sale of Intangible fixed assets		(1,080) 390		252
Sale of fixed asset investments			549,066
Interest received		120		28
Net cash (used in)/provided by investing	activities	~570)	549	346
Change In cash and cash equivalents In the reporting period		(639,302)	779,875
Cash and cash equivalents at the beginnIng ofthe reportIng period		043 241	63	366
Cash and cash equivalents at the end ofthe reporting period		203939	843	241

RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	TO NET CASH FLOW FROM	TO NET CASH FLOW FROM	TO NET CASH FLOW FROM
OPERATING ACTIVITIES
				2022	2021
					5
Net (expenditure)/income the Statement of Financial Adjustments for:	for the reporting Activities)	period	(as per	(138,730)	769,253
Depredation charges				360
Losses on investments					(539,186)
Profit on disposal of fixed assets Interest received (Increase)/decrease in debtors Increase in creditors				(390) (120) (499,972) 120	(252) (28) 622 120
Net cash (used in)/provided	by operations			~638rrri	230 529
ANALYSIS OF CHANGES IN	NET FUNDS
			At 1.7.21	Cash flow	At 30.6.22
			6	I	E
Net cash
Cash at bank and ln hand			~843 241	~639302)	~203939
			~843 241	~639302)	~203939
Liquid resources
Deposits included In cash Current asset Investments			~25 000		~25 000
			~25 000		~25 000
Total			~868 241	~639302)	~228 939

2.	CHARITABLE	CHARITABLE	ACTIVITIES	ACTIVITIES	ACTIVITIES	ACTIVITIES
							2022	2021
							E	E
	Gifts							130,934
	Donations						175,685	303,383
	GIR aid Grants						21,548 ~16000	25,079 ~18 560
							~213233	~477 956
	Grants received,			included		in the above, are as follows:
							2022	2021
							E	E
	New Grant							3,300
	Alexis Trust							300
	FG Charitable		Trust				15,000	13,000
	Forest Hill Charitable				Trust		1,000	1,000
	Rimshot Charitable				Trust			960
							~16000	~18 560
3.	OTHER TRADING ACTIVITIES
							2022	2021
							E	E
	Fundralslng	events					138	223
	Sale of goods							368
							138	591
4.	INVESTMENT		INCOME
							2022	2021
							E	E
	Deposit account			interest			120	28
5.	RAISING FUNDS
	Raising donations				and legacies
							2022	2021
								E
	Staff costs Fundraising						599 015	1,295 ~1886
							~1614	~3181

CHARITABLE ACTIV	ITIE
						Grant
						funding	of
						activities		Support
						(see note		costs (see
						7)f		note 8) f	Totals f
Charitable Activities					~292 322			~58675	~350997
GRANTS PAYABLE
								2022	2021
									f
Charitable Activities								~292 322	~204 624
The total grants paid	to institutions	during	the	year was	as	follows:		2022	2021
									f
Hand in Hand Foundation (HIHF) HIHF - Daylove Children's Centre, Kenya HIHF - GFI, Mogonjet School, Kenya HIHF - Namrata Shah Children's Home, Kenya HIHF - New Hope Children's Centre, Kenya HIHF - Thika Orphans and Grandparents Scheme, Kenya								16,600 14,900 7,400 500 22,023 2,000	14,100 13,000 6,700 900 23,700 2,200
HIHF - High Level Early Childhood Centre New Hope Children's Centre, Kenya Katwe School 8r Clinic, Kampala, Uganda j)CT(U), Uganda Mano 8r Mano, Ecuador			(HLECC), Iganga,			Uganda		48,990 3,546 16,663	1,800 57,250 5,522 20,512 1,140
Stand in the Gap Other Grants								16,300 43,400	5,800 52,000
Embu Investment Fund								~100000
								~292 322	~204 624
SUPPORT COSTS
								Governance
			Management f			Finance f		costs f	Totals f
Charitable Activities			4~8138			360		~10 177	~58 675

Support cost	s, Included	in the above, are as follows:
			2022	2021
			Charitable	Tota I
			Activities	activities
			6	6
Wages			14,587	16,456
Rent 8i utilities Insurance			8,206 791	8,626 558
Transport 8i travel Telephone &stationery Office equip Ik computer Publicity Sundries		costs	789 2,599 3,426	3,071 3,804 302 511
Legal 8i bank	costs		17,633	150
Mission trips Subscriptions			107	460 158
Depreciation Wages Independent	oftangible examination	fixed assets fee	360 5,077 ~5100	3,139 ~3720
			~58 675	4~0955

			2022	2021
			6	6
Wages	and	salaries	~20 263	~20 890
			~20 263	~20 890


11.	COMPARATIVES FOR		THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					funds	funds	funds
					E	E	E
	INCOME AND ENDOWMENTS			FROM
	Charitable activities				223,923	254,033	477,956
	Other trading activities				591		591
	Investment income				28		28
	Other income				252		252
	Total				224,794	254,033	478,827
	EXPENDITURE ON
	Raising funds				3,181		3,181
	Charitable activities
	Charitable Activities				82,696	162,883	245,579
	Total				85,877	162,883	248,760
	Net gains on investments				~539 186		~539 186
	NET INCOME				678,103	91,150	769,253
	Transfers between	funds			~8516)	~8516
	Net movement In	funds			669,587	99,666	769,253
	RECONCILIATION	OF FUNDS
	Total funds brought		forward		63,647	43,854	107,501
	TOTAL FUNDS CARRIED FORWARD				~733 234	~143 520	~876 754
12.	TANGIBLE FIXED	ASSETS
					Fixtures 8	Computer
					fittings	equipment	Totals
					E	E	E
	COST
	At 1 July 2021 Additions				988	3,932 ~1080	4,920 ~1080
	At 30 June 2022				988	~5012	~6000
	DEPRECIATION
	At 1 July 2021 Charge for year				988	3,932 360	4,920 360
	At 30 June 2022				988	~4292	~5280
	NET BOOK VALUE
	At 30 June 2022					720	720
	At 30 June 2021

									Unlisted
									investment
									6
	MARKET VALUE
	At 1 july 2021 and	30)une			2022				~9620
	NET BOOK VALUE
	At 30 june 2022								~9620
	At 30june 2021								~9620
	There were no Investment			assets outside the UK.
14.	DEBTORS: AMOUNTS		FALLING DUE WITHIN			ONE YEAR
								2022	2021 I
	Other debtors Prepayments and accrued			income				500,000 ~2885	~2913
								~502885	~2913
Other	Debtors consists of	a 6500k			loan to HIHG for the	Dagorettl	Corner Street Children's		project. See
comment on page 4.
15.	CURRENT ASSET INVESTMENTS
								2022	2021
								6	I
	Investment in Hand	in Hand			(NRG) Ltd			2~000	21 000
	The Investment Is held outside of the UK.
16.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
								2022	2021
								E	I
	Accrued expenses							~4140	~4020
17.	LEASING AGREEMENTS
	Minimum lease payments			under non-cancellable		operating	leases fall	due as follows:
								2022	2021
									6
	Within one year							~2031	~2031

MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.7.21 E	in funds I	funds I	30.6.22 E
Unrestricted funds
General fund Contingency Administration			42,583 10,000 248	16,493 (25,627)	(20,364) 20,000	38,712 10,000 (5,379)
HIHF - Daylove Children's	Centre,
Kenya			50	(50)
High Level Early Childhood iganga, Uganda Stand in the Gap Reserves		Centre,	93 260 ~680000	5,120	(93) (5,300) ~20 000)	80 ~660000
			733,234	(4~064)	(25g757)	703g413
Restricted funds
Centre of Hope, Kenya
HIHF - Daylove Children's Kenya		Project,	3,472	(3,374)	415	513
HIHF - Grace Foundation	international
Mogonjet School, Kenya Hand in Hand Foundation, Kenya HIHF - Namrata Shah, Kenya			1,527 1,362 125	(1,476) (1,238) (235)	215	51 124 105
HIHF - New Hope Children's Kenya New Hope Barclays, Kenya		Centre,	3,456 28,872	(3,294) (1,944)	338 41	500 26,969
HIHF - Thika Orphans and Grandparents Scheme, Kenya			198	(193)
HiHF - High Level Early Childhood Centre, iganga, Uganda J)CT(U), Uganda Katwe School and Clinic, Uganda Mano Er Mano, Ecuador			124 1,061 196 70	286 (6,387) 4 55	7,148 900	410 1,822 1,100 125
Mission Trips Stand in the Gap Administration			2,421 492 142	(17,090) 170	16,700	2,421 102 312
GIR Catalogue Embu investment fund			~100000	50 ~100000)		50
			~143520	~134666)	~25 757	~34611
TOTAL FUNDS			~876 754	~138730)		~738024

Net movement In funds,	in	cluded in the above	are as follows:
			Incoming	Resources	Movement
			resources I	expended I	in funds I
UnrestrIcted funds
General fund Administration			40,658 25,364	(24,165) (50,991)	16,493 (25,627)
HIHF - Daylove Children's		Centre,
Kenya Stand in the Gap			5,035 ~5120	(5,085)	(50) ~5120
Restricted funds			76,177	(80,241)	(4,064)
HIHF - Daylove Children's Kenya		Project,	6,441	(9,815)	(3,374)
HIHF - Grace Foundation	International
Mogonjet School, Kenya Hand In Hand Foundation, Kenya HIHF - Namrata Shah, Kenya			5,924 15,738 265	(7,400) (16,976) (500)	(1,476) (1,238) (235)
HiHF - New Hope Children's		Centre,
Kenya New Hope Barclays, Kenya			18,729 47,046	(22,023) (48,990)	(3,294) (1,944)
HIHF - Thlka Orphans and
Grandparents Scheme, Kenya			1,807	(2,000)	(193)
HIHF - High Level Early Childhood Centre, Iganga, Uganda J)CT(U), Uganda Katwe School and Clinic, Uganda Mano Ik Mano, Ecuador			960 10,276 3,550 55	(674) (16,663) (3,546)	286 (6,387) 4 55
Stand in the Gap Administration Gift Catalogue Embu Investment fund			10,210 8,562 8,141	(27,300) (8,392) (8,091) ~100000)	(17,090) 170 50 ~100000)
			~137704	~272 370)	~134666)
TOTAL FUNDS			~2I3881	~352611)	~138730)

Comparatlves for move	m	ent in funds
				Net	Transfers
				movement	between	At
			At 1.7.20	In funds I	funds I	30.6.21 E
Unrestricted funds
General fund			49,609	1,551	(8,578)	42,582
Contingency			10,000			10,000
Administration			3,505	(3,318)	62	249
HIHF - Daylove Children's	Centre,
Kenya				50		50
High Level Early Childhood		Centre,
iganga, Uganda Stand in the Gap			93 440	(180)		93 260
Reserves				~680 000		~680 000
			63,647	678,103	(8,516)	733,234
Restricted funds
Centre of Hope, Kenya
HIHF - Daylove Children's Kenya		Project,	1,001	1,400	1,070	3,471
HIHF - Grace Foundation	international
Mogonjet School, Kenya			2,223	(2,281)	1,585	1,527
Hand in Hand Foundation,		Kenya	45	1,317		1,362
HIHF - Namrata Shah, Kenya			290	(360)	195	125
HIHF - New Hope Children's		Centre,
Kenya			3,720	(908)	645	3,457
New Hope Barclays, Kenya			29,339	(467)		28,872
HIHF - Thlka Orphans and Grandparents Scheme, Kenya			511	(313)		198
HIHF - High Level Early Childhood
Centre, iganga, Uganda j)CT(U), Uganda Katwe School and Clinic, Uganda			964 333 93	(840) (1,747) (1,597)	2,475 1,700	124 1,061 196
Mano ik Mano, Ecuador Mission Trips Stand In the Gap Administration Embu Investment fund			110 3,066 719 1,438	(1,040) 459 (1,177) (1,296) ~100000	1,000 (1,104) 950	70 2,421 492 142 ~100000
			~43 854	~91 150	~8516	~143 520
TOTAL FUNDS			~107 501	~769 253		~876 754

Comparative net moveme	n	t in funds, in	cluded In the ab	ove are as follo	ws:
			Incoming	Resources	Gains and	Movement
			resources I	expended I	losses I	in funds I
Unrestricted funds
General fund			64,950	(53,519)	(9,880)	1,551
Administration			28,040	(31,358)		(3,318)
HiHF - Daylove Children's		Centre,
Kenya			50			50
Stand in the Gap Reserves			820 ~130934	(1,000)	~549 066	(180) ~680 000
Restricted funds			224,794	(85,877)	539,186	678,103
HIHF - Daylove Children's		Project,
Kenya			14,400	(13,000)		1,400
HIHF - Grace Foundation	International
Mogonjet School, Kenya Hand in Hand Foundation,		Kenya	4,419 15,417	(6,700) (14,100)		(2,281) 1,317
HIHF - Namrata Shah, Kenya			540	(900)		(360)
HIHF - New Hope Children's		Centre,
Kenya			22,792	(23,700)		(908)
New Hope Barclays, Kenya			56,783	(57,250)		(467)
HIHF - Thika Orphans and
Grandparents Scheme, Kenya			1,887	(2,200)		(313)
HIHF - High Level Early Childhood
Centre, Iganga, Uganda 3)CT(U), Uganda Katwe School and Clinic, Uganda Mano & Mano, Ecuador Mission Trips			960 18,765 3,925 100 459	(1,800) (20,512) (5,522) (1,140)		(840) (1,747) (1,597) (1,040) 459
Stand in the Gap Administration			3,623 9,963	(4,800) (11,259)		(1,177) (1,296)
Embu Investment fund			~100 000			~100000
			~254 033	~162883)		~91150
TOTAL FUNDS			~478 827	~248 760)	~539 186	~769 253

A current year 12 months	and prior year	12 months com	bined position	Is as follows:
			Net	Transfers
			movement	between	At
		At 1.7.20 I	in funds I	funds I	30.6.22 I
Unrestricted funds
General fund		49,609	18,044	(28,942)	38,711
Contingency Administration		10,000 3,505	(28,945)	20,062	10,000 (5,378)
High Level Early Childhood iganga, Uganda Stand in the Gap Reserves	Centre,	93 440	4,940 ~680 000	(93) (5,300) ~20 000)	80 ~660 000
		63,647	674,039	(34,273)	703,413
Restricted funds
Centre of Hope, Kenya
HIHF - Daylove Children's Kenya	Project,	1,001	(1,974)	1,485	512
HIHF - Grace Foundation International
Mogonjet School, Kenya Hand In Hand Foundation, Kenya HIHF - Namrata Shah, Kenya		2 223 45 290	(3,757) 79 (595)	1,585 410	51 124 105
HIHF - New Hope Children's Kenya New Hope Barclays, Kenya	Centre,	3,720 29,339	(4,202) (2,411)	983 41	501 26,969
HiHF - Thika Orphans and Grandparents Scheme, Kenya		511	(506)
HIHF - High Level Early Childhood Centre, iganga, Uganda jjCT(U), Uganda Katwe School and Clinic, Uganda Mano ik Mano, Ecuador Mission Trips Stand in the Gap Administration GIR Catalogue		964 333 93 110 3,066 719 1,438	(554) (8,134) (1,593) (985) 459 (18,267) (1,126) 50	9,623 2,600 1,000 (1,104) 17,650	410 1,822 1,100 125 2,421 102 312 50
		~43 854	~43 516)	~34 273	~34 611
TOTAL FUNDS		~107 501	~630 523		~738 024

MOVEMENT IN FUNDS -	MOVEMENT IN FUNDS -	continued	continued
A current year 12 months		and prior year 12 months		combined net movement		In funds,		included	In the
above are as follows:
			Incoming	Resources	Gains	and	Movement
			resources I	expended E	losses I			In funds 6
Unrestricted funds
General fund			105,608	(77,684)	(9,880)			18,044
Administration			53,404	(82,349)				(28,945)
HIHF - Daylove Children's		Centre,
Kenya			5,085	(5,085)
Stand in the Gap Reserves			5,940 ~130934	(1,000)	~549 066		4,940 ~680 000
			300,971	(166,118)	539,186			674,039
Restricted funds
HIHF - Daylove Children's		Project,
Kenya			20,841	(22,815)				(1,974)
HIHF - Grace Foundation	international
Mogonjet School, Kenya Hand in Hand Foundation,		Kenya	10,343 31,155	(14,100) (31,076)				(3,757) 79
HiHF - Namrata Shah, Kenya			805	(1,400)				(595)
HIHF - New Hope Children's		Centre,
Kenya			41,521	(45,723)				(4,202)
New Hope Barclays, Kenya			103,829	(106,240)				(2,411)
HiHF - Thlka Orphans and
Grandparents Scheme, Kenya			3,694	(4,200)				(506)
HIHF - High Level Early Childhood
Centre, Iganga, Uganda JJCT(U), Uganda			1,920 29,041	(2,474) (37,175)				(554) (8,134)
Katwe School and Clinic, Uganda Mano it Mano, Ecuador Mission Trips			7,475 155 459	(9,068) (1,140)				(1,593) (985) 459
Stand in the Gap			13,833	(32,100)				(18,267)
Administration Gift Catalogue			18,525 8,141	(19,651) (8,091)				(1,126) 50
Embu investment fund			~100000	~100000)
			~391737	~435 253)			~43 516)
TOTAL FUNDS			~692 708	~601 371)	~539 186		~630 523

			2022I	2021 5
INCOME AND	ENDOWMENTS
Charitable activities
Gifts				130,934
Donations			175,685	303,383
Gift aid Grants			21,548 ~16000	25,079 ~18560
			213,233	477,956
Other trading activities Fundraising events			138	223
Sale of goods				368
			138	591
Investment Income
Deposit account	Interest		120	28
Other income
Other Income			390	252
Total incoming	resources		213,881	478,827
EXPENDITURE
Raising donations Wages Fundralslng		and legacies	599 ~1015	1,295 ~1886
			1,614	3,181
Charitable activities
Grants to institutions			292,322	204,624
Support costs
Management Wages Rent lk utilities Insurance			14,587 8,206 791	16,456 8,626 558
Transport lk travel Telephone sr stationery Office equip %computer costs			789 2,599 3,426	3,071 3,804
Publicity				302
Sundries				511
Legal lk bank costs			17,633	150
Mission trips Subscrlptlons			107	460 158
			48,138	34,096
Finance
Computer equipment			360

			2022I	2021 6
Finance
Governance costs
Wages Independent examination		fee	5,077 ~5100	3,139 ~3720
			~10177	~6859
Total resources expended			3~52611	~248 760
Net (expenditure)/income gains and losses		before	(138,730)	230,067
Realised recognised	gains and losses
Realised gains/(losses)	on	fixed asset
investments				~539 186
Net (expenditure)/Income			(~138730)	~769 253