2022-12-31-accounts - Cisv International Limited

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			Page
Legal and Administrative	information
Trustees' Report			2-15
Independent Auditors Report			16-1S
Consolidated Statement	of Financial	Activities	19-20
Consolidated Balance Sheet
Cash Flow Statement			22
Notes to the Consolidated	Financial	Statements	23-31

Trustees				M McKay
				M D Sindhunatha
				F M Pavao Martine
				G E Vottero
				M RShantz
				A M Cueva Batallas
				N YMcKelligan	Maiz	Appointed	1 September	2022
				'N Clarita		Appointed	1 September	2022
				N K Otfargeld		Appointed	1 September	2022
Secretary	General			T Perez Echeverria
Company	Registration		Number	03672838
Charity Registration		Number		1073308
Principle	address			MEA House
				Elllson Place
				Newcastle upon	Tyne
				Tyne &Wear
				NE1 8XS
Bankers				Lloyds Bank pic
				102Grey Street
				Newcastle upon	Tyne
Auditors				Robson Lsidler Accountants		Limited
				Femwood House
				Fernwood Road
				Jesmond
				Newcastle upon	Tyne NE2	1TJ
Solicitors				Ward Hadaway
				Sandgate House
				102Quayside
				Newcastle upon	Tyne
				Tyne &Wear
				NE1 3DX

Tommaso Nod ari, Chair	Tommaso Nod ari, Chair	Term ends 31 August 2022
Candelaria Lucero Dente, Vice Chair		Term ends 31 August 2022
Karoline Serafin		Term ends 31 August 2022
Francisco Pavao	Medins	Term ends 31 August 2023
Marlien McKay		Term ends 31 August 2023
Esti Sindhunatha		Term ends 31 August 2023
Ana Maria Guava Batalles		Term ends 31 August 2024
Mary Rae Shantz		Tenn ends 31 August 2024
Grace Emerson	Vottero	Term ends 31 August 2024

From 1 September	From 1 September	through	follows:
Marlien McKay			Term ends 31August 2023
Estl Sindhunatha			Term ends 31 August 2023
Francisco Pavgo	Martine		Term ends 31August 2023
Ana Maria Cueva		Batallae	Term ends 31August 2024
Mary Rae Shantz			Term ends 31August 2024
Grace Emerson	Vottero		Term ends 31August 2024
Nico le Offergeld			Term ends 31 August 2025
Yurek McKelhgan		Maiz	Term ends 31 August 2025
Natasha Ciarite			Term ends 31 August 2025

					Unrestricted	Designated	Total	Total
					funds	funds	2022	2021
				Notes	6	5	6	F
In e and endowmen			from:
Donations and legacies				2	9,142		9,142	42,486
~Ch
Fees froin National		Associations		3	1,976,981		1,976,981	251,091
Other income					100		1DD	27,542
Investment income					49,991		49,991	104.215
Total income					2,036,214		2,036,214	425,334
~6
Raising funds C~h' bl tt t*				4	6,652		6,652	8,820
Charitable activities				5	1,668,495		1,668,495	679,203
Total expenditure					1,675,147		1,675,147	688,023
Net gains/(losses)	on investments				(137,389)		(137,389)	56,973
Net income/(expenditure)			for the year		223,678		223,678	(2D5,718)
Transfers between		funds
Net movement In	funds				223,678		223,676	~205716,
Reconciliation of	funds
Fund balances at 1		January	2022	19	1,016,024	42,146	1,058,170	1,263,886
Fund balances at		31 December 2022		19	1,239,702	42,146	1,281,848	1,058,17D

					Unrestricted	Designated	Total
					funds	funda	2021
				Nates		8
Income nd endowme			rom:
Donations and legacies				2	42,486		42,486
Charitable activities
Fees from National		Associations		3	251,091		251,091
Other income					27,542		27,542
Investment income					104,215		104,215
Total Income					425,334		425,334
~xendi~hrr
Raising funds				4	8,820		8,820
~Ch ti hi
Charitable activities				5	679,203		679,203
Total expenditure					688,023		688,023
Net gains/(losses)	on investments				56,973		56,973
Net income/(expenditure)			for the year		(205,716)		(205,716)
Transfers between		funds
Net movement in	funds				~200,200		~205,716)
Reconciliation of	funds
Fund balances at 1		January	2021		1,221,740	42,146	1,263,886
Fund balances at	31 December 2021			19	1,016,024	42,146	1,058,170

								Group	Group	Charity	Charity
								2022	2021	2022	2021
							Notes	8	6	8
Fixed assets
Tangible fixed assets							11	2,802	4,250	2,802	4.250
Investments							12			318,850	318,850
								2,802	4,250	321,652	323,10D
Current assets
Investments							13	612,589	1,036,047		2D7,019
Debtors							14	361,653	7D,603	350,433	69,756
Cash at bank	and		in	hand				747,596	418,121	550,826	224,332
								1,721,838	1,526,771	901,259	501,107
Creditors: amounts				due	within	1 year	15	(31'i,481)	(330,511)	(517,284)	(414,612)
Net current assets								1,410,357	1,196,260	383,975	86,495
Total assets	less		current		liabilities			1,413,159	1,200,510	705,627	409,595
Creditors: amounts				due	in more than 1
year							16	(32,500)	(43,333)	(32.500)	(43,333)
Provisions for		liabilities					18	(98,811)	(99,0D7)
Net assets								1,281,848	1,058,170	673,127	366,262
Reserves
~Ui f		df:
General fund							19	1,239,702	1,016,D24	630,981	324,116
Designated	funds						19	42,146	42,146	42,146	42,146
Total reserves								1,281,848	1,058,170	673,127	366,262

					2022	2D21
Cash flows from operating activities
Net cash provided by (used In) operating Taxation	activities				21,263 ~27,338	(442.071)
Cash fltwvs from investing activities					(673)	(442,071)
Dividends, interest and rents from investments Purchase oftangible fixed assets Purchase of Investments Prooeeds from sale of investments					49,991 (412) (1,167,922) 1,455,991	104,215 (3,705) (44,975)
Net cash provided by (used in) investing		activities			337,648	55,535
Cash flows from financing actlvltfes
New loans Repayment of borrowings					~7.500	50,000
Net cash used In financing activities					(7,500)	5D,OOD
Net increase In cash and cash equivalents					329,475	(336,636)
Cash and cash equivalents at the beginning			ofthe	year	418,121	754,657
Cash and cash equivalents at the end	of	the	year		747,596	418,121
Cash generated from operations					2022	2021
					E
Surplus/(deficit) for the year					223,678	(205.716)
Adjustments for:
Depreciation Investment income (Gains)/losses on investments (Increase)/decrease in debtors Increase/(decrease) in creditors Cash generated from/(absorbed by) operations					1,860 (49,991) 137,389 (279,830) ~11,843 21,283	3,436 (104,215) (56,973) 43.712 ~122,375 ~442 071
Analysis ofchanges in net debt				2022	Cash 6	31 Dec 2022
				5	5
Cash at bank and in hand Borrowings exduding overdraRs				418,121 50,000 368,121	329,475 ~7,500 336,975	747,596 42,500 705,096

Donatio	ns	end legac	ies
				Unrestricted	Unrestricted
				funds	funds
				general	general
				2022	2021
Donations		and gifts		827	71
Grants				8,315	42.415
				9,142	42,485
Charitable		activities
				Fees from	Fees from
				National	National
				Associations	Associations
				2022	2021
				8
Chapter	fees			21,444	28,302
IVleinbershi		ps		2,436	2,786
Activities	and insurance		receipts	1,908,142	220,003
Penalty	payments			44,959
				1,976,981	251,091

4. Raising	funds					Unrestricted Unrestricted	Unrestricted Unrestricted	Unrestricted Unrestricted
							funds	funds
							general	general
							2022	2021
							8
Investment	managers	fees					6,652	8,820
							6,552	8,820
						Charitable		Charitable
5. Charitable activities							activities	activities
							2022	2021
Staff costs							307.317	433,'l99
Depreciation Recruitment	and impairment and other staff costs						1,860 28,345	3,436 10,302
Premises expenses							10,34'I	8.967
Computer and ITsupport							64,637	48,553
Telephone,	internet and fax						1,172	3,022
Printing and Professional	stationery fees						203 4,497	3,621 6,411
Insurances							302,685	26,241
Irrecoverable VAT Hosting fees							7,610 925,478	1,716
Bad debts written olf Exchange rate differences							(33,442) ('I0,716)	45,281
Subsidiary running costs							39,517	67,337
						1,649,504		658,086
Share of support costs (see note 6) Share ofgovernance costs (see note 6)							13,191 5,800	18,317 2,800
						1,568,495		579,203
6. Support	costs		Support costs	Governance costs	2022	Support costs	Governance costs	2021
			8	8	8	6		8
Conferences Audit fees	and meetings		6,898	5,800	6,898 5,800	18,317		18,317
Independent	examiners	fees					2.800	2.800
Sundry costs			115		115
Bank loan interest and
charges			6,178		6,178
			13,191	6,800	18,991	18,3'ly	2,800	21,117

						2022	2021
						K
Turnover						28,731	113,297
Cost ofsales						(51,445)	(63,852)
Investment income						49,955	34,804
Net income						27,241	84,249
Taxation						'l6.412	(10,549)
t/nreal teed gains/(losses)						(126,840)	26,919
profit for the year						(83,187)	100,619
The assets and liabilities	ofthe	subsidiary		were:
Current assets Current liabilities						1,053,469 ~(125,898	1, 'I 33,976 (123,218(
Total net assets						927,571	1,010,758
Aggregate share capital	and	reserves				927,571	1,010,758
Net income / expenditure
The net incoming resources	are stated after			charging
						Group	Group
						2022	2021
Audit fee						5,800	5,800
Depreciation						1,860	1,860
Operating lease rentals						9,047
Employees
						2022	2021
						f
Wages and salaries						268,916	388,742
Socia I security costs						14,189	38,367
Pension costs						24,212	32,213
						307,317	459,322
Amount paid to key management		totaled	F109,566(2021:f206,024)
The number of employees	whose annual		remunerabon		was more than
f60,000 is as follows
						2022	2021
						No.	No,
f60,000 —270,000

Employees	(continuesj	(continuesj
The average	monthly	employees	during	the year was:
					2022	2021
					No.	No.
Secretary	General					1
Fiscal Dtficer
Administrative statf					6	11
					8	13

Tangible fixed assets
Group and charity	Fixtures and	Office	Total
	fittings	equipment
	E	8
Cost
At 1 January 2022	24,302	48,263	72,565
Additions		412	412
At 31 Decembel' 2022	24,302	48,675	72,977
Depreciation
At 1 January 2022	22,737	45,578	68,315
Charge for the year	273	1,587	1.860
At 31 December 2022	23,010	47,185	70,175
C&rryln9 amount
At 31 December 2022	1,292	1,510	2,802
At 31 December 2021	1,565	2,685	4,250

Other investments compromise	2D22 E	2021
Investment in subsidiaries	318,850	318.850

	Group f	Charity
Cost or valuation
At 1 January 2022	'I,038,047	207,1019
Additions	1,167,922
Dlsposa la Unrealised gains/(lasses)	(1.455,991) ~137,3997	(207,019)
At 31 Deceinber 2022	612,589
Carrying amount
At 31 December 2022	612,589
At 31 December 2021	1,038,047	207,019

				Group	Group	Charity	Charity
				2022	2021	2022	2021
				E
Amounts	falling		due within one
year:
Trade debtors				299,044	56,986	299,044	56,986
Other debtors				4,406	12,740	4,406	11,893
Prepayments		and	accrued income	46,983	877	46,983	877
				350,433	70,6D3	350,433	69,756
Deferred	tax			'l1,220
				361,653	70,603	360,433	69,756

				Group	Group	Charity	Charity
				2022	2021	2022	2021
							5
	Bank loans Trade creditors			10,000 153,592	6,667 153,006	10,000 153,592	6,687 153,006
	Taxation and social security			5,186	1,498	5,186	'l,498
	Other creditors			96,332	133,984	91,455	130,208
	Amounts owed to group undertakings					232,890	108,312
	Accru ala and deferred	income		46.371	35,356	24,161	14,921
				3'l1,481	330,511	517,284	414,612
16.	Creditors: amounts	faDing	due after 1 year
				Group	Group	Charfty	Charity
				2022	2021	2022	2021
					8	E
	Bank loans			32,5DO	43,333	32,50D	43,333
				32,500	43,333	32,500	43,333
17,	Bank loans
						2D22	2021
	Bankloans					42,500	50,DOO
	Payable within one year					1D,OOO	6,667
	Payable after one year					32,500	43,333
						42,500	50,000
18.	Provisions for llabDities
						Group	Group
						2022	2021
						E
	Deferred tax liability						1D,716
	Loss reserve provision					98,811	88,291
						98,811	99,007
	The charity has no provisions		for liabilities.

		Balance at				Gains	Balance at
Group		1 Jan 2022	Income	Expencfilture	Transfers	(losses)	1 Dec 2022
		6			6	6	6
General fund
Operating fund		1,D16,024	2,036,214	(1.675,147)		(137,389)	1,239,702
Designated funds
Global conference	fund	42,146					42,146
Total unrestricted	funds	1,058,170	2,036,214	(1,675,147)		(137,369)	1.261,646
		Balance at				Gains	Balance at
Charity		1Jan 2022	income	Expenditure	Transfers	(losses)	1 Dec2022
		E	E	E		6	E
General fund
Operating fund		324,116	1,986,223	(1,688,809)		(10,549)	630,981
Designated funds
Global conference	fund	42,145					42,146
Total unrestricted	funds	366,262	1,985,223	(1,666,609)		(10,549)	673,127