## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## fj￿bal Independent Report lo Ihe Tvuslee5 Ot Covd Gbbul Icont'dl Audttcq'5 we5pon5Wles Ic*Tthe avdtt ol Ihe ffiThinckil 51olernerbts Iconvdl 6eeovse ol the inhwenl Iimilotiorts ol on oudil. Ihere is o risk Ihot we will not delecl oll I￿egulenlotion. A Ivrlhei de5ciiption ol our responsifmlilies is ovoiloble on the ￿nanCIal Reportiro Covncil's Web￿le ol.. htlps.'JIwb*wlrc.org uk10￿- WOTklAudit/Audil￿nd-0sSUranceAStQnrtQf￿5-Qnd-gvidOncels1aTrd0rd5-Qn￿9vlda￿C￿-I0T-0vd4lors1Aud1fQr5-FSsp0n$lbll1th&5-1tsr- oudillDe5criptiorpof-audi1015-re5ponybililie5-1oi-audil.05px. This dÈsciiplion forms port ol our oudilor's repNI. We ¢omrnvru¢ole With those ¢horged with govemance regarding. among other Tnatlers, the planned scope and timing tsl Ihe ouclt ond significanl ovdil11ndin9s. including any signiliconl deliciencie5 in inl&rnol coThlrol IholwÈ idertlily duftng ovi oudit. Use ol ourRporl This report Is mode so*ly lo Ihe choriloble company's members. as a body. in accordonce with Chapter 3 01 Part 16 01 the CtrtDpoTyes Act 2006. Our audit WOTk htt5 bèen undÈrtok&n $0 thol we might stole lo Ihe ¢honloble ¢omp¢ny's members those mollery w8 ore requlred lo stole lo Ihem In on ouditu's ieport rjnd for no olheF purpose. To Ihe fulleil extent perTYUtled by law. we ¢Jo not accept or assume responsi￿lIty to anyone olhei than the charitable eompony ond the charitobltr compony's members os o body. lorour ovcStwoik. lor this report. or lor Ihe orAnionswe hove formed. GFegg Olner MPhil BAIHon51 ACA ISenioT Slalvlory Audilorl loi ond on bahall ol Horn￿n B&ole S Owen Limile Charfered Accovnlonts ond Statutory AvdiloF ighdown House I l Highdown Rood Leominglon Spa Worwickshiie CV31 IXT 13 Moy 2022 ## ||||Note|~Unrestrlct
~F
5|~t
5|Total Funds
288l|t IF nds
2020
5| |---|---|---|---|---|---|---|---| |INCOME|||||||| |Donations and legacies|||2|275.872|2,120|277,992|337,982| |Fundraising
trading income||||1,822|0|1,822|1,497| |Investment
income|||3|12|900|912|1,006| |||||277,706|3,020|280,726|340.485| |Incoming
resources from chantable|activities||||||| |Grants for operating
activities|||4|0|1,245.756|1.245,756|1,010,942| |Other incoming
resources|||5|22,249|11,989|34,238|15.272| |TOTAL INCOME||||299.955|1,260,765|1,560,720|1,366,499| |EXPENDITURE|||||||| |Costs of raising funds|||||||| |Fundraising
and publicity costs||||95,625|0|95.625|101,486| |Fundraising
trading: cost ofgoods|sold|||0|0|0|900| |Total cost of raising funds|||6|95.625|0|95,625|102,386| |Expenditure
on charitoble activities|||6|90,372|1,404,562|IH94,934|1.576,561| |TOTAL EXPENDITURE||||185,997|1,404,562|1,590,559|I,II78,947| |NET INCOMING
/ (OUTGOING) RESOURCES||||113,958|(143,797)|(29,839)|(312,248)| |OTHER RECOGNISED GAINS/(LOSSES)|||||||| |Gain/(loss)
on exchange rate difference||||(48,145)|0|(48,145)|19,009| |Transfer between
funds||||(113,535l|113.535|0|0| |NET MOVEMENT
IN FUNDS||||(47.722)|(30.262)|(77,984)|(293.239)| |Balances brought
forward at I Januan||2021||794,638|254.188|1,048.826|1,342,065| |BALANCES CARRIED FORWARD AT||||744,911|223,926|970,842|1,048,826| |31 DECEMBER 2021|||||||| ## ## ||||||||~tact
d|T~ot IF nd|Toto/ Funds| |---|---|---|---|---|---|---|---|---|---| ||||||Note|F~nd|Funds|2020|2019| |||||||5|5|5|4| |INCOME|||||||||| |Donations and legacies|||||2|293.852|44,130|337,982|248,501| |Fundraising
tradingincome||||||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 charitable|||activifies||||||| |Grants foroperating
activities||||||0|I,O IO942|1,010.942|1.436,799| |Other incoming resources||||||42|15.230|15.272|54,285| |'TOT4L INCOME||||||295,551|1,071,148|1,366,699|1,743,586| |EXPENDITURE|||||||||| |Costs ofraising funds|||||||||| |Fundroising
and publicity|costs|||||101,486|0|101,486|60.820| |Fundraising
trading
cost|ofgoods||sold|||900|0|900|1,001| |Total costofraising funds||||||102.386|0|102.386|61.821| |Expenditure
on charitable|activities|||||97.140|1,479.421|1.576.561|1,404.218| |~OTAL EXPENDHURE||||||199,S26|1,479,421|1,678,947|I 466.039| |NET INCOMING
/ (OUTGOING)||RESOURCES||||96,025|(40S,273)|(312,248)|277,547| |OtHER RECOGNISED GAINS/(LOSSES)|||||||||| |Gain/(loss(
on exchange|rate difference|||||19,009|0|19,009|(43.940)| |transfer between
funds||||||(6.335(|6,335|0|0| |NET MOVEFAENT IN FUNDS||||||108.699|(401.938(|(293.239(|233,607| |Balances brought forward at I January||||2020||685.939|656.126|1.342.065|I,108458| |8414NCES CARRIED FORWARD||AT||||794,638|254,18S|1,048,826|1,342.065| |31 DECEMBER 2020|||||||||| ## |||||||2021|2021|f 020|2IQO| |---|---|---|---|---|---|---|---|---|---| |FIXED|ASSETS||||||||| ||Tangible
fixed|assets|||||19,660||28.529| |CURRENT ASSETS|||||||||| ||Debtors|||||357,373||187,815|| ||Cash at bank and in hand|||||683,569||927,582|| |||||||1.040.942||1,115.397|| |CREDITORS:|||||||||| ||Amounts
taRing due within one year|||||(89,760(||(95,100(|| |NET CURRENT ASSETS|||||||951,182||1.020,297| |TOTAl|NET ASSETS||||||970,842||1,048,824| |FUNDS|||||||||| |Unrestricted
Funds|||||12||||| |GENERAL FUND|||||||572.158||557,719| |Designated
Funds:|||||||||| ||Currency
Risk Management|||Fund|||40,000||40,000| ||Designated
Fixed Assets Fund||||||5.000||5,600| ||Mini Pilot Projects||||||79.758||50,000| ||Development|Fund|||||50.000||0| ||Programme
Fulfilment||Fund||||||141,319| |Total Unrestricted
Funds|||||||746.916||794.638| |Rs'selcted
Funds|||||||||| ||Restricted Income Fund||||||209,266||231,259| ||Restricted Fixed Assets Fund||||||14,660||22.929| |Total ResMcted Funds|||||||223.926||254.188| |TOTAL|FUNDS||||||970,842||| ## ## |||||||2021|A/20| |---|---|---|---|---|---|---|---| ||||||||F.| |Cash uhTised by operating||aclivRles||||(203,272)|(292.210)| |Cashgow from: investing
actlvtRes|||||||| |Purchase oftangible|fixed|assets||||(15,583)|(8.660)| |Proceed of sale of tangible||fixed|assets|||22,075|0| |Interest received||||||912|1,006| |||||||7,404|(7.654)| |Change
in cash and|cash|equivalents||in the year||(195,868)|(299.864)| |Cash and cash equivalents||at the beginning
of the year||||927,582|1,208,437| |Change
in cash and|cash|equivalents||due to exchange rate movement||(48.145)|19,009| |Total cash and cash|equivalents||at the|end of the year||683.569|927,582| |ReconcRialion
ofnet|movement||in funds to net cash flow Irom operating||activities||| |||||||2021|~20| |Net movement
in funds||||||(77,984)|l293,239)| |Adjustment
for,|||||||| |Interest received||||||l912)|(1,006)| |Depreciation
charge||||||24.452|I5,882| |Gain on disposal of tangible
fixed assets||||||(22,075)|0| |Increase
in debtors||||||(169,558)|(28.932)| |Increase/(decrease)|in creditors|||||(5,340)|34.094| |Unrealised
(gains)/losses
on foreign currency||||||48.145|(19,009)| |Net cash utiRised by|operating
activities|||||(203.272)|(292,210)| |||||||201I|2020| |Analysis ofcash and|cash|equivalents||||8|8| |Cash in hand||||||683.569|927,582| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Unrestricted|Restricted|Total Funds|Total Funds| |---|---|---|---|---|---|---|---|---|---|---| |||||||Funds||Funds|2021|2020| |2.|DONATION
AND LEGACY INCOME|||||||||| ||Individuals|||||222.768||1.120|223,888|244.280| ||Churches|||||14,202||0|14.202|13,429| ||Corporates|||||15,534||0|15.534|659| ||Trusts|||||10,000||1.000|11,000|50.500| ||Legacies|||||13,368||0|13.368|29,114| ||TOTAL DONATION
AND|LEGACY INCOME||||275.872||2.120|277,992|337,982| |||||||Unrestricted||Restricted|Total Funds|Total Funds| |3.|INVESTMENT INCOME|||||Furicl|~|Funds|2021|2020| ||Bank and building
society deposit interest|||||12||900|912|1,006| |4.|GRANT INCOME|||||||||| |||||||Unreslricted||Restricted|Total Funds|TotalFunds| |||||||Funds||Funcls|2021|2020| ||||||||||f|F.| ||European
Union|||||||422.224|422,224|476,779| ||UK Foreign and Commonwealth||Office|||||0|0|11,246| ||French Ministry for Europe and Foreign Affairs|||||||2.968|2,968|0| ||Belgium
Ministry of Foreign Affairs|||||||128.730|128,730|0| ||Dutch
Ministry of Foreign Affain|||||||78,738|78.738|232,077| ||Swiss Agency for Development||and|Cooperation||||128,595|128.595|0| ||Taiwan Foundation
for|Democracy||||||7,402|7,402|7,556| ||US State Department
of Democracy,|||Rights and Labor||||121,652|121,652|12,787| ||Allan and Nesta Ferguson Charitable|||Trust||||25,000|25,000|0| ||JAC Trust|||||||0|0|20.000| ||Peace Nexus Foundation|||||||0|0|8,137| ||Deutsche GeseRschaft|fiir Internationale|||Tusammenarbei|||263.383|263,383|205,542| ||Other|||||||67.064|67,064|36,817| ||TOTAL GRANT INCOME||||||0|1,245,756|1,245,756|1,010,942| ## ## ||||Unrestricted|Restricted|Total Funds|TotoI FuIICII| |---|---|---|---|---|---|---| ||||Funds|Funds|2021|2020| |4.|GRANT INCOME (CONT'D)|||||| ||Analysis ofgrants received|||||| ||Livelihoods
and|economic infrastructure||225.356|225.356|174,058| ||Democratisaiion|||53,606|53.606|51,195| ||Good governance|||338,089|338,089|374.210| ||Human
rights|||502,793|502,793|353,460| ||Reconoliation|and justice||125,912|125.912|58,019| ||||0|1,245,756|1,245,756|1,010.942| ## |6.|TOTAL RESOURCES EXPENDED|TOTAL RESOURCES EXPENDED|Direct|Grants|Support|Total|Total| |---|---|---|---|---|---|---|---| ||||Costs|Payable|Costs|2021|2020| |||||5|5|5|| ||Fundraeing||||||| ||Fundraising
and publicity
costs||||95.625|95.625|101,486| ||Fundraising
trading: Cost of goods sold|||||0|900| ||Subtotal Fuedraising||0|0|95,625|95.625|102,386| ||Direct Charitable
Activity||||||| ||Livelihoods
and economic|infrastructure|125,773|134,078|59,422|319.273|298,011| ||Democratisation||31,721|25,773|13,148|70.642|126,359| ||Good governance||322.756|77,320|94,339|494,415|586,926| ||Human
Rights||243.224|97,245|77,857|418,326|427,873| ||Reconciliation
and Justice||68.453|88.039|35.786|192,278|I37,392| ||Subtotal Direct Charitable|Activity|791,927|422,455|280,552|1,494,934|1,57(,541| ||Total expenditure||791,927|422,455|374,177|1,590,559|I,II78,947| ## |Support Costs aBocaled as follows:|2021|2020| |---|---|---| |||5| |Leadership|60.109|71,428| |Programmes|104.876|85.076| |Operations|115,566|118,841| |Fundraising|95,626|102.386| ||376,177|377,731| ## ## ## |6.|TOTAL RESOURCES EXPENDED|(CONED)|2021|2020| |---|---|---|---|---| ||NET INCOMING/(EXPENDITURE)|FOR THE YEAR|E|F.| ||This Is stated aHer charging|||| ||Operating
leases - land and buildings||18,771|19,800| ||Operating
leases - equipment||2,190|384| ||Audit fees||5,400|5,100| ||Depreciation||24,452|15,882| |STAFFING||||||UK StaN|Int StaB|2021|2020| |---|---|---|---|---|---|---|---|---|---| |Salaries and wages||||||243,385|397,494|640.879|573.547| |UK redundancy
payment|||||||0|0|18,017| |Employers
national
insurance||||||18,641||18.641|17,516| |Employers
UK pension|contribution|||||13,894||13,894|12,357| |||||||275.920|397,494|673,414|621.437| |The average number|of|employees||(full time equivalents)|was 3|||2021|2020| |UK:fundraising
staff|||||||||| |UK. other staff|||||||||5| |Other countries: international|||staff||||||3| |Other countnes: national||staff||||||23|20| |||||||||34|30| ## ## |7.|FIXED ASSETS - TANGIBLE|FIXED ASSETS - TANGIBLE|Equipment|Motor|Total|| |---|---|---|---|---|---|---| |||||Vehicles||| ||COST||f.|8||| ||At
I January 2021||62,499|81,322|143,821|| ||Additions||15,583|0|15,583|| ||Dispasals||0|(61,920)|(61.920)|| ||At 31December 2021||78,082|19,402|97.484|| ||ACCUMULATED
DEPRECIATION|||||| ||At IJanuary2021||50,552|64,740|115.292|| ||Charge for period||7,870|16,582|24,452|| ||Disposals||0|(61,920)|(61,9201|| ||AI31December 2021||58,422|19A02|77,824|| ||NET BOOK VALUE|||||| ||At 31December 2021||19%60|0|19,460|| ||NET BOOK VALUE|||||| ||At 31December 2020||11.947|16.582|28,529|| ||Depreciation
Rates||20% - 33%|25% - 33%||| |8.|DEBTORS|||2021||2020| |||||||f.| ||Grant and NGO grant|debtors||328,449||136,520| ||Other debton|||17,715||15,710| ||Prepayments
and accrued income|||11,209||35,585| ||Total Debtors|||357,373||187,815| |9.|CREDITORS - amounts|falling due within one year||2021||2020| |||||f.||8| ||NG0 grant creditaa|||60.285||38,590| ||General creditors|||20.024||51,064| ||UK taxes and social secunty|||9.451||5,446| ||Total Creditors|||89,760||95,100| ## ## ## ||Minimum
lease|payments|under non-canceRable|under non-canceRable|under non-canceRable|under non-canceRable|under non-canceRable|operating|operating|leases fall due as follows|leases fall due as follows|leases fall due as follows|leases fall due as follows|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||2021||||||2020| ||Expiring:|||||||||||||||||||| ||Within one year|||||||||||||14,166||||||I2.048| ||Between two and five years|||||||||||||1,873||||||840| |||||||||||||||16,039||||||12,888| |11|MOVEMENTS OF RESTRICTED FUNDS||||||Balance at||||||Movements|in Resources||||Balance at||| |||||||||I Jan 21||Grants||Other Income||Expended|Transfer|||31||Dec 21| ||Livelihoods and|economic||infrastructure||||141.318|||225,356||9.832|(294.308)||12,611||||94,809| ||Democratisation|||||||(1.647)|||53.606||0|(64.255)||29,467||||17,171| ||Good governance|||||||(2,74 1)|||338,089||16,150|(460,697)||100,880||||(8,319)| ||Human
rights|||||||47,222|||502,793||(14,250l|(407.435)|(34,356)|||||93.974| ||Reconciliation
and justice|||||||47,107|||125.912||3,277|(169,598)||4,933||||11,631| ||Total Reshkted|Grants Funds||||||231.259||1,245.756|||15,009|(1.396,293)||113.535||||209,266| ||Restricted Fixed|Assets||||||22,929|||0||0|(8,269)||0||||'I4,660| ||Total|||||||254,188||1,245,756|||15.009|(1,404,562)||113,535|||223,926|| ||Liveihoods and|economic:||Empowering|||people|to have|better||livelihoods||through
vocational
training,||resourong,||loan schemes|||| ||and self-help groups.|||||||||||||||||||| ||Democratisalion:|Enabling||communities|||to have|a say in decision that affect them by creating spaces|||||||for communities|||to||| ||engoge with local authorities.|||||||||||||||||||| ||Good governance:
Advancing
the space for civil society||||||||to|operate and|||building
the capacity of local organisations|||||as||| ||effective agents|ofchange.||||||||||||||||||| ||Human
Rights: Enabling people to access essential freedoms|||||||||by|creating||space for understanding,
respect|||and tolerance.||||| ||Facilitating
minorities
groups||||to access||basic rights and services.|||||||||||||| ||Reconoliation
and iustice:|||Promoting||social cohesion by training|||||people|in conflict resolution
and supporting||||local|leaders|||to| ||reduce social discrimination||||Enabling|access to||justice by strengthening|||||understanding|of laws and how to||uphold|them.|||| ||Transfers affecting restricted|||funds include match funding|||||contributions
to projects ot 583k, movements||||||between
restricted|||||funds| ||on multil-donor|projects. fund|||transfer|adjustments||ansing|from currency|||variances on fund balances||||||||| ||||||||Balance at||||||Movements
fn Resources||||Balance at|||| |||||||||I Jan 20|||Grants|Other Income||Expended|Transfer|||31|Dec 20|| |||||||||||||||||5||||| ||Resfricfed funds|||||||627.271||1,0I0,942|||60,206|(I.473.495)||6.335||231.259||| ||Resrncfed fixed|ossefs||||||28.855|||0||0|(5.926)||0||||22.929| ||Total|||||||656.126||I.010,942|||60.206|(1.47942I)||il,335||254188||| ## ||||||YEAR ENDED 31 DECEMBER|2021|||| |---|---|---|---|---|---|---|---|---|---| |12|UNRESTRICTED FUNDS|||(CONT'D)|Balance at|Movemenls|in Resources||Balance at| ||||||1 Jan 21|Incoming
Expended||Transfer|31 Dec 21| ||Unrestricted|Funds|||||||| ||General
funds||||557,719|299.955|(185,397)|(100,119)|572,158| ||Designated|Funds|||||||| ||Currency Exchange||Risk Management||40,000|0|(48 145)|48 145|40000| ||Mini Pilot Projects||||50.000|0|0|29,758|79,758| ||Development|Fund|||0|0|0|50,000|50,000| ||Designated|Fixed Assets Fund|||S,f00||(600)|0|5,000| ||Programme|Fulfilment||Fund|141,319||0|(141,319)|0| ||Total||||794M38|299,955|(234,142)|(113,535)|746,916| ||||||Balance at|Movements|in Resources||Balance at| ||||||I Jan 20|Incoming
Expended||Transfer|31Dec 20| ||||||f|f|f||| ||General unresfricted|||funds|553,l30|295,551|(198,230)|(92,732)|557,7I9| ||Designated|funds|||I32,809|l9,009|(1,296)|86,397|236,919| ||Total||||685.939|314.560|(199.52d)|(d.335)|794.638| |13|ANALYSIS OF NET ASSETS|ANALYSIS OF NET ASSETS|ANALYSIS OF NET ASSETS|BETWEEN|FUNDS||Tangible|Cunent|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||Assets|Assets|Assets| ||ResMcted|Funds||||||f|5,| ||Restncted|Grants|||||0|209,266|209,266| ||Restncted|Fixed Assets|used in projects||||14,660|0|14,660| ||Total||||||14.dda|209,266|223,926| ||Unrestricted|Funds|||||||| ||General
Funds
—undesignated||||||0|572,158|572,158| ||Designated|Currency|Risk Management|||Fund|0|40,000|40.000| ||Designated|Fixed Assets||Fund|||5,000|0|5,000| ||Designated|Mini Pilot|Proiects||||0|79,758|79,758| ||Designated|Development||Fund|||0|50.000|50.000| ||Designated|Programme||Fulfilment|Fund||0|0|0| ||Total||||||5,000|741.916|746,916| ||Overall
Funds||||||19,d60|951,182|970,842|