| Contents | Page | |||
|---|---|---|---|---|
| Company | information | 1 | ||
| Directors' | report | 2-4 | ||
| Report of | the Independent | Examiner | 5 | |
| Statement | offinancial | activities | 6 | |
| Balance sheet | 7 | |||
| Notes to the financial | statements | 8-11 |
| Directors | SA Helms | |||
|---|---|---|---|---|
| JTSmith | ||||
| RD Thomas | ||||
| HP Van Rooyen | (resigned 25 May 2021) | |||
| Secretary | SA Helms | |||
| Registered | Office | International | House | |
| 24 Holborn | Viaduct | |||
| London | ||||
| EC1A2BN | ||||
| Bankers | Barclays Bank PLC | |||
| Leicester | ||||
| LE873BB | ||||
| Independent | examiner | Miriam Hickson | CTA FCA | |
| Jacob Cavenagh | 8 Skeet | |||
| 5 Robin Hood Lane | ||||
| Sutton | ||||
| Surrey | ||||
| SM1 2SW |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| Funds | Funds | ||||
| Note | |||||
| Income from | |||||
| Donations | 31,457 | 16,863 | |||
| Donated shares | 2,644 | ||||
| Other Income | 2 624 | ||||
| Total income | 36725 | 16863 | |||
| Expenditure | on: | ||||
| Charitable activities |
19391 | 30616 | |||
| Total expenditure | 19391 | 30616 | |||
| Net (losses) | on investments | 8 | (2,644) | ||
| Net income/(expenditure) | 3 | 14,690 | (13,753) | ||
| Reconciliation | offunds | ||||
| Funds brought | forward | 340 | 14093 | ||
| Funds carried | forward |
| 2021 | 2020 | |||
|---|---|---|---|---|
| E | ||||
| Activities Undertaken Directly: |
||||
| Donations to charities with |
similar objectives | |||
| Project Costs | 18,238 | 28,691 | ||
| Support Costs: | ||||
| Office costs | 37 | 1,038 | ||
| Governance —Independent | Examination | fees | 600 | 600 |
| Exchange (gains) / losses |
516 ~C)~ |
287 ~6~1 |
||
| NET (EXPENDITURE)/INCOME | 2021 | 20290 | ||
| This is stated after charging/(crediting): | ||||
| (Gain)/loss on exchange |
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | Unrestricted | Restricted | Total |
|---|---|---|---|
| funds | funds | funds | |
| Current assets Current liabilities Total net assets |
15,630 ~600 |
15,360 ~600 ~1i~ |
| Income and investment | Income and investment | losses |
|---|---|---|
| Expenditure | ||
| Net income | ||
| Funds brought | forward | |
| Funds carried | forward |
| Unrestricted | Restricted | |
|---|---|---|
| Fund | Funds | |
| Specific | ||
| General | Worker | Total |
| fund | fund | funds |
| 34,081 | 34,081 | |
| (19391) | (19391) | |
| 14,690 | 14,690 | |
| 340 | 340 |
| F2,644 when given and revalued to fair value at the y |
ear end. | |
|---|---|---|
| 2021 | 2020 | |
| 2 E1 ordinary shares | ||
| Value when gifted | 2,644 | |
| Revalued | (2644) | |
| Value as at 31 December |
| At 31 December 2021 a summary ofthe finan |
cial information of the subsidiary is as follo |
|---|---|
| 2021 | |
| $ | |
| Assets | 2,448 |
| Liabilities Net liabilities |
(3960) 0 '~2) |
| Income | 24,500 |
| Expenditure | (29611) |
| (Loss) | M~~) |