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|Chief Executive:|Chief Executive:||||Andy Pask||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Company|Secretary||||Kaha Richardson||||||
|Charity registrahon||number:|||1070684||||||
|Campany|registrahon||number.||03566119||||||
|Address of|the chanty's||registered|office:|Enterpnse|House|LG71.Foleshill Enterprise|Park.|Courtaulds|Way, CV6 5 NX|
|Name and|address|to|the bank:||Barclays Bank PLC. 50The Parade. Leamington||||Spa. CV32|4DD|
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||||||||Unrestricted|Restricted|Total Funds|~fatal F n|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note|Funds|Funds|2020|~2|
|INCOME|||||||||||
|Donations and legacies||||||2|293,852|44.130|337,982|248.501|
|Fundraising
trading|income||||||1,497|0|1,497|3,077|
|Investment
income||||||3|160|846|1.006|924|
||||||||295.509|44,976|340,485|252.502|
|Incoming
resources|from|«heritable||actlvgles|||||||
|Grants for operahng|achvifies||||||0|1.010.942|1.010.942|1,436.799|
|Other incoming
resources|||||||42|15.230|15.272|54,285|
|TOTAL INCOME|||||||295,551|1,071,148|1,366,699|1,743,586|
|EXPENDITURE|||||||||||
|Cods ot raising funds|||||||||||
|Fundraising
arid publiaty||costs|||||101,486|0|101,486|60.820|
|Fundraisng
trading: Cost of|||goods|sold|||900|0|900|I 001|
|Total cost ofraising funds||||||6|102.386|0|102,386|61,821|
|Expenditure
an charitable||activities||||6|97,140|1,479,421|1,576,561|1,404,218|
|TOTAL EXPENDITURE|||||||199,526|1,479,421|IN78.947|1,466,039|
|NET INCOMING
/ (OUTGOING)|||RESOURCES||||96,025|(408,273)|(312,248)|277,547|
|OTHER RECOGNISED|GAINS/(LOSSES)||||||||||
|Gain/lloss)
on exchange||rate difference|||||19.009|0|19.009|(43,940)|
|Transfer between|funds||||||(6.335i|6,335|0|0|
|NET MOVEMENT
IN FUNDS|||||||108.699|)401,938)|(293.239)|233,o07|
|Balances brought|forward at
I January||||2020||685.939|656,126|1,342.065|1.108,458|
|BALANCES CARRIED|FORWARD||AT||||794,638|254,188|1,0482!26|1,342,065|
|31 DECEMBER2020|||||||||||
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||||||||Unrestricted|Resemcf
I|~stol F n|
|---|---|---|---|---|---|---|---|---|---|
|||||||Note|Funds|Funds|2019|
||||||||5|5|5|
|INCOME||||||||||
|Oonofions ond legacies||||||2|248,241|260|248,501|
|Fundraising
trading|income||||||3,077|0|3,077|
|Investment
income||||||3|272|652|924|
||||||||251.590|912|252.502|
|Incoming resources|from|chadable|||activities|||||
|Grants foroperating|activihes||||||0|1436,799|t.436,799|
|Other incoming resources||||||5|38,622|15.663|54.285|
|TOTAL INCOME|||||||290.212|1,453,374|1,743,586|
|EXPENDITURE||||||||||
|Costs ofralslng funds||||||||||
|Fundraising
and publ oily cosls|||||||60,820|0|60,820|
|Fundraising
trading: Cost of|||goods||sold||1,001|0|I Opt|
|Total cost ofraising funds||||||6|61.821|0|61,821|
|Expenditure
on charitoble||activities||||6|100,793|1,303.425|1,404,218|
|TOTAl EXPENDITURE|||||||162.614|1.303425|1,466,039|
|NET INCOMING
/ (OUTGOING)|||RESOURCES||||127598|149,949|277547|
|OTHER RECOGNISED|GAINS/(LOSS ESJ|||||||||
|Gain/(lossl
on exchange||raie||difference|||(43,940)|0|(43.940)|
|Transfer between|funds||||||961|(96 Ii|0|
|NET MOVEMENT
IN FUNDS|||||||84,619|148.988|233,607|
|Balances brought|forward at|||I Januory 2019|||601,320|507,138|1.108,458|
|BALANCES CARRIED|FORWARD||AT||||685,939|656i26|1.342.065|
|31 DECEMBER 2019||||||||||
##
||||||2020|2IIQ|2019|~219|
|---|---|---|---|---|---|---|---|---|
|FIXED ASSETS|||||||||
|Tangible
Fixed Assets||||||28,529||35,751|
|CURRENT ASSETS|||||||||
|Debtors|||||187.815||158.883||
|Cash at bonk and in hand|||||927,582||1.208.437||
||||||1.115.397||1.367.320||
|CREDITORS:|||||||||
|Amounts
falling due vrithin one year||||9|(95.100)||)61,006)||
|NET CURRENT ASSETS||||||1.020,297||1,306.314|
|TOTAL NET ASSETS||||||1,048,826||1,342,068|
|FUNDS|||||||||
|Unrestdicted
Funds||||12|||||
|GENERAL FUND||||||557.719||553.130|
|Designated
Funds:|||||||||
|Currency
Risk Management|||Fund|||40.000||25,000|
|Designated|Fixed Assets Fund|||||5.600||6.896|
|Mini Pilot Projects||||||50.000||0|
|Programme|Fulhlment|Fund||||141,319||100,913|
|||||||794.638||685,939|
|Resklcted
Funds|||||||||
|Restricted|Income Funds|||||231.259||627,271|
|Restricted|Fixed Assets Fund|||||22,929||28.855|
|Total Resldcted
Funds||||||254,188||656.126|
|TOTALFUNDS||||||1,048,826||1,342,065|
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||||||9,|
|Cash provided
lsy operating
activiTies|||||(292,210)|336,305|
|Cash Rows from invesRng activities|||||||
|Purchase oftangible|fixed assets||||(8,660)|(40.049)|
|Interest received|||||1.006|924|
|Cash used In invesRng|actlvRles||||(7,654)|(39.1 25)|
|Change
in cash and|cash equivalents||in the year||(299,864)|297.180|
|Cash and cash equivolents
at the beginning
of the year|||||1.208.437|955,197|
|Change
in cash and|cash equivalents||due to exchange rate movement||19,009|(43,940)|
|Total cash and cash equivalents||at ihe|end of the year||927,582|I.208,437|
|ReconciRation
of net|movement|in funds to net cash flow from operating||activities|||
||||||20rra|2019|
|Net movement
in funds|||||(293,239)|233,607|
|Adjustment
tar|||||||
|Interest received|||||(1.006)|(924)|
|Depreciation
charge|||||15,882|9,426|
|(increase) /decrease|in debtors||||(28.932)|11,457|
|Increase/(decrease)|in creditors||||34.094|38.799|
|Unrealised
(gains) /losses on foreign cunency|||||(19,009)|43,940|
|Nei cash provided
by operating||activities|||(292.210)|336,305|
|Analysis afcash and|cash equivalents||||||
|Cash in hand|||||927.582|1,208.437|
##
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|2.|DONATION
AND LEGACY INCOME|DONATION
AND LEGACY INCOME|DONATION
AND LEGACY INCOME||Unreshicted|Reshtcted|Total Funds|Totalfunds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2020|2019|
||Individuals||||244,150|130|244,200|189,958|
||Churches||||13,429|0|13.429|18.297|
||Other groups||||659|0|659|3.792|
||Trusts||||6.500|44.000|50.500|24.830|
||Legapcs||||29,114|0|29,114|11,624|
||TOTAL DONATION
AND|LEGACY INCOME|||293,852|44,130|337,982|248,501|
|3.|INVESTMENT INCOME||||Unreshicted|Restricte|Talal Funds|Totalfunds|
||||||Funds|Funds|2020|2019|
||Bank and building soaefy deposit interest||||160|846|1.006|924|
|4.|GRANT INCOME||||Unreshtcted|Restricted|TotalFunds|Total Funds|
||||||Funds|Funds|2020|2019|
||European
Union|||||478779|476,779|307.572|
||UK Foreign B.Commonwealth||Oflice|||11,247|11,247|168,699|
||French Ministry of Europe B.Foreign Affoirs|||||0|0|9.036|
||Belgium
Ministry of Foreign Affairs|||||0|0|135,797|
||Dutch Ministry of Foreign Affairs|||||232.077|232,077|594.726|
||VEV|||||0|0|25,052|
||Peoce Nexus foundation|||||8.137|8.137|11.510|
||Shoelone|||||0|0|30.000|
||Deutsche Gesehschaft|fgr Intemationale||lusammenarbei||205.542|205,542|93,267|
||US 5tate Dept ofDemocracy||- Rights &Labor|||12,787|12,787|0|
||Other|||||64,373|64,373|61,140|
||TOTAL GRANT INCOME||||0|1,010,942|1,010,942|1,436,799|
|||NOTES TO THE ACCOUNTS|(CONT'D)|(CONT'D)|||
|---|---|---|---|---|---|---|
|||YEAR ENDED 31 DECEMBER||2020|||
|4.|GRANT INCOME (CONT'D)|unrestricted||Restricted|Total Funds|TotalFunds|
||Analysis
of grants received|Funds||Funds|2020|2019|
||Livelihoods
S.economic infrastructure||0|174,058|174.058|581.842|
||Democratisafion||0|49,538|49.538|89.381|
||Good governance||0|369,237|369.237|381.840|
||Human
Rights||0|360.090|360.090|226,047|
||Reconaliation
8, Justice||0|58.019|58.019|157,689|
||||0|1,010,942|1,010,942|1,436,799|
|6.|TOTAL RESOURCES EXPENDED|TOTAL RESOURCES EXPENDED|Direct|Gra nls|Support|Total|Total|
|---|---|---|---|---|---|---|---|
||||Costs|Payable|Cosh|2020|2019|
|||||F.||||
||Fundraising|||||||
||Fundraising
and puhliaty|costs|||101,486|101,486|60,820|
||Fundroising
trading: Cost|ofgoods sold|||900|900|1,001|
||Subtotal Fundralslng||0|0|102.386|102,386|61,821|
||Direct Charitable
Activily|||||||
||livelihoods 5economic infrastructure||120.578|125.462|51.971|298,011|324,366|
||Democratisation||53.773|50,550|22.036|126,359|215.025|
||Good governance||332.515|151,651|102.760|586.926|574.826|
||Human
Rights||188,732|164,523|74.618|427.873|I71,003|
||Reconaliation
5, Justice||49.962|63.470|23,960|137.392|118.998|
||Subtotal Direct Chadita hie Achvity||745,559|555.65d|275,345|1,576,561|1,404,218|
||Total expenditure||745,560|555.d5d|377,731|1,678,947|1,466,039|
##
||||
|---|---|---|
|Suppat Cosls allocated as toUows:|2020|2019|
||5,||
|Leadership|71.428|63,642|
|Programmes|85.076|65,746|
|Operations|118,842|137,172|
|Fundraising|102.385|61.821|
||377,731|328,381|
|TOTAL RESOURCES EXPENDED|(CONI'D)||||
|---|---|---|---|---|
||||2020|2019|
|NET INCOMING/(EXPENDITURE)|FOR THE YEAR||f||
|This Isstated atter charging|||||
|Operating
leoses - land and|buildings|I|9,800|30.945|
|Operating
leases —equipment|||384|384|
|Audit fees|||5.100|5,100|
|Depreaation||15.882||9.426|
|STAFFING||||||UK StaR|Inl StaR|2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E||
|Salanes and wages||||||214.023|359.524|573.547|495,241|
|UK.redundancy
payment||||||18.017|0|18,017|0|
|Employers|national|insurance||||17,516|0|17.516|15,286|
|Employers|UK pension||contribution|||12.357|0|12,357|10,288|
|||||||261,913|359.524|621.437|520,815|
|The average number|||ofemployees|(luB time equivalents)|was 2|||2020|2019|
|UK Fundraising
Staff||||||||||
|UK StaU|||||||||5|
|Overseas|Expatnate||Siaf1||||||3|
|Overseas|National|staff||||||19|19|
|||||||||30|28|
||||YEAR ENDED 31 DECEMBER 2020|||||
|---|---|---|---|---|---|---|---|
|7.|FIXED ASSETS - TANGIBLE||Equipment||Motor'|Total||
||||||Vehicles|||
||COST|||||||
||At
I Januory2020|||80.787|81.322|162,109||
||Additions|||8.660|0|8,660||
||Disposals|||126.948)|0|(26,948)||
||At 31 December 2020|||62.499|81,322|I43,821||
||ACCUMULATED
DEPRECIATION|||||||
||At I Januory 2020|||72,751|53,607|126.358||
||Charge for period|||4,749|11.133|15,882||
||Disposals|||(26,948)|0|(26,948)||
||Af 31December2020|||50.552|64.740|115,292||
||NET BOOK VALUE|||||||
||At 31 December 2020|||11,947|16,582|28,529||
||NET BOOK VALUE|||||||
||At 31 December 2019|||8.036|27,715|35.751||
||Depreciation
Rates||20/|~33/|25/ -339'|||
|8.|DEBTORS||||2020||2019|
||Grant
11NGO grant debtors||||136,520||I 22,333|
||Other debtors||||15,710||13.826|
||Prepayments
8 accrued income||||35,585||22.724|
||Total Debtors||||187.815||158,883|
|9.|CREDITORS - amounts|faglng due wRhln one year|||2020||2019|
||NGO grant creditors||||38.590||25.901|
||General creditors||||51,064||29449|
||UKtaxes 8,sooal security||||5,446||5,656|
||Total Creditors||||95,100||61,006|
||||||YEAR ENDED|YEAR ENDED|31 DECEMBER 2020|||
|---|---|---|---|---|---|---|---|---|---|
|10.|OPERATING||LEASE COMMITMENTS|||||||
||Minimum|lease payments||under|non-canceRable|operahng|leases fall due as follows|||
|||||||||2020|2019|
||Expinng:|||||||||
||Within one||year|||||I2.048|31,329|
||Between|two and five yean||||||840|19.317|
|||||||||12,888|50,646|
|11.RESTRICTED FUND MOVEMENTS|11.RESTRICTED FUND MOVEMENTS|Balance at||Movemerris
in|Resources||Balance at|
|---|---|---|---|---|---|---|---|
|||I Jan 20|Gronts|Other income|Expended|Transfer|31 Dec 20|
|Livelihoods
&Economic||258,060|I74.058|14.520|(305,320)|0|141,318|
|Oemocrahsation||48,734|51.196|5,211|(106,777)||l1,647)|
|Good Governance||153.(93|374.209|15,634|(552, 155)|5,878|(2,741)|
|Human
Rights||80.764|353.460|20.000|(407.470)|468|47.222|
|Reconaliation|&Justice|86,020|58.019|4,841|(101,773)|0|47,107|
|Total Restricted|Grant Funds|627,271|1,010,942|60,206|(1.473,495)|6.335|231,259|
|Restricted fixed|assets|28,855|0|0|(5,926)|0|22,929|
|Total||656,126|1,010,942|60,206|(1,479.421)|6,335|254,188|
||||Bofance al||Movements
in|Resources||Botonce af|
|---|---|---|---|---|---|---|---|---|
||||I Jan 19|Gronh|Other Income|Expended|Transfer|31 Dec 19|
|||||6||6|||
|Restricted|funds||502.010|1.436,799|t6,575|(t,327, 152)|(961)|627,271|
|Restricted|fixed|ossels|5.128|0|0|23,727|0|28.855|
|total|||507,138|1,436,799|16575|(1.303.425)|(96I)|656.126|
|12.|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|||||Balance at|Movements|Movements|in Resources||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||I Jan 20|Incoming|Expended||Transfer|31 Dec 20|
||Unrestricted|Funds|||||||||||
||General funds||||||553,130|295.551||(198,2301|(92,732)|557.719|
||Designated|Funds|||||||||||
||Cunency Exchange||Risk|Management|||25,000|19,009||0|(4,009)|40.000|
||Mini Pilot Projects||||||0||0|0|50.000|50,000|
||Designated|Fixed Assets||Fund|||6,896||0|(1.296)|0|5.600|
||Programme|Fulfilment|Fund||||100,913||0|0|40.406|141.319|
||Total||||||685,939|314,560||(199,526)|(6,335)|794,638|
||||||||Balance at|Movements||in Resources||Balonce at|
||||||||i Jan 19|Incoming|Expended||Transfer|31Dec 19|
||General unrestricted||tunds||||550,690|290212||(169510i|(118,762(|553,130|
||Designated|tunds|||||50.630|0||(37.044(|119,223|132,809|
||Total||||||II01,320|290.212||(206.554)|961|685.939|
|13.|ANALYSIS OF NET ASSETS|||BETWEEN|FUNDS|||||Tangible|Current|Total|
|||||||||||Assets|Assets|Assets|
||Restricted|Funds|||||||||5||
||Restncted|Grants||||||||0|219,578|219.578|
||Other Restncted income|||||||||0|11,681|11.681|
||Restricted|Fixed Assets used in projects||||||||22.929|0|22,929|
||Total|||||||||22,929|231,259|254,188|
||Unrestricted|Funds|||||||||||
||General
Funds - undesignated|||||||||0|557,719|557,719|
||Designated|Cunency|Risk Management|||Fund||||0|40.000|40.000|
||Designated|Fixed Assets||Fund||||||5,600|0|5.600|
||Designated|Mini Pilot Proiects||||||||0|50.000|50.000|
||Designated|Programme||Fulfilment|Fund|||||0|141.319|141,319|
||Total|||||||||5,600|789,038|794,638|
||Overall Funds|||||||||28,529|1,020,297|1,048,826|