## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023|2022| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| |||iVote|||8|| |Income from:||||||| |Donations
and legacies|||718,207|3,766,331|4,484,538|2,048,042| |Other trading activities|||556,542||556,542|26,322| |Investment
income|||11,650||11,650|236| |Other||||||11,587| |Total income|||1386,399|3,766331|5,052,730|2,086,187| |Expenditure
on:||||||| |Raising funds|||763,514||763,514|330,370| |Charitable
activities:||||||| |Overseas Activities|||21,460|2,586,362|2,607)822|1,309,371| |International
Child Referral Programme|||234,173|302,585|536&75S|476,109| |Total expeaditure|||,4 9 4|2.888.94|3,908,094|2,115.850| |Net income/(expenditure)|before|||||| |other recognised gains and|losses||267,252|877,384|1,144,636|(29,663)| |Net gains / (losses)||||||(29,085)| |Net Meveiuent
in fnnds|||267)252|S77,384|1,144,636|(58,748}| |Reconciliatiea offunds:|||1,637,195|989,502|2,626,697|2,685,445| |Total funds brought for)vard||||||| |Total funds carried forward|||1,904,447|1,866,886|3,771433|2,626,697| |||||Note|2023|2023|2023
f.|2022
8|2022I| |---|---|---|---|---|---|---|---|---|---| |Fixed assets:|||||||||| |Tangible assets|||||||4,616||8,039| |Curreot assets:|||||||||| |Debtors||||12|355,398||183,422||| |Cash at bank and in||hand|||3,792,637||2,782,774||| ||||||4,148,035||2,966,196||| |Liabilities:|||||||||| |Creditors: amounts||falling|due within one||||||| |year|||||~381.3|8|347,538||| |Net cur re at assets|||||||3,766,717||2,618,658| |Total assets less curreot|||liabilities||||3,771433||2,626,697| |Total net assets|||||||3,771433||2,626,697| |Funds||||15|||||| |Restricted funds|||||||1,866,886||989,502| |Unrestricted
funds:|||||||||| |General funds|||||1984447||1,637,195||| |Total unrestricted|funds||||||1,904,447||1,637,195| |Total funds|||||||3,921479||2,626,697| |The financial
statements|||have been prepared|in accordance||with|the special provisions|for small|companies| |under Part 15ofthe||Companies Act 2006.|||||||| ||||CHAIN OF HOPE|CHAIN OF HOPE|||| |---|---|---|---|---|---|---|---| ||||Statement|ofCash Flows|||| |||For|the year ended 3faMarch||2023||| ||||Note|2023|2023|2022|2022| ||||||||f| |Net cash (osed in) operatiog activities|||17||999,343||(91,342)| |Cash flows from investing||activities:|||||| |Interest received||||11,650||236|| |Payments
to acquire fixed|assets|||(1,130)||(5,136)|| |Net cash used in flnancing||activities|||10,520||(4,900)| |Change in cash and cash equivalent
in the year|||||1,009,863||(96,242)| |Cash and cash equivalent|at the beginning ofthe||||||| |year|||||2,782,774||2,879,016| |Cash and cash equivalent||atthe end ofthe|||||| |year|||||3,792,637||2,782,774| |Cash and cash equivalent||consists of:|||||| |Cash at bank snd in hand|||||2792,637||1,782,698| |Short term deposits|||||1,500,000||1,000,076| |Cash and cash equivalent||at31stMarsh 2023|||3,792,637||2.782,774| ## ## |I)|CHAIN OF HOPE
Notes toThe Financial Statements
For the year ended 31n IVIarch 2023
Accounting
policies| |---|---| |a)|Company Status| ||The company
is a company
listed by guarantee
and hss no share capital.
The company
is domiciled
and| ||incorporated
in England and Wales. The members ofthe company
are the Trustees named on page l. In the
event ofthe company
being wound
up, any liability
in respect ofthe guarantee
is limited to Xl per member
ofthe company.
The address ofthe registered
ofilce is given on page 2 ofthese financial
statements.
The
nature ofthe charity's
operations
and principal
activities are explained
in the Trustees Report.| |b)|Basis for preparation| ||The financial
statements
have been prepared
in accordance
with
Accounting
and Reporting
by Charities:
Statement ofRecommended
Practice applicable
to charities preparing
their accounts
in accordance with the| ||Financial
Reporting
Standard
applicable
in the UK and Republic ofIreland (FRS 102),Charities
Act 2011
and the Companies
Act 2006.| ||The financial statements
are prepared
in sterling which is the functional
currency
and have been rounded to| ||the nearest pound.| ||The financial statements
have been prepared
under the historical cost convention.| ||The charitable
company
meets the definition ofapublic benefit entity under FRS 102.Assets and liabilities| ||are
initially
recognised
at historical
cost or transaction
value
unless
otherwise
stated
in the
relevant| ||accounting
policy or note.| |c)|Going concern| ||The financial
statements
have
been
prepared
on a going concern
basis as the trustees
believe
that
no| ||material
uncertainties
exist. The trustees have considered
the level offunds held and the expected level of
income
and expenditure
for the
12 months
from
authorising
these
financial
statements.
The budgeted
income and expenditure
in addition
to existing reserves
is sufficient
to fund the charities
future operations
and for the charity to be considered agoing concern.| |d)|Income| ||Gifis, donations
and income froin other trading activities
are recognised
when the charity
has received
the| ||funds and any performance
conditions
attached to the income have been met. Other income,
including
tax
recoverable
fmm Gifi Aid is credited on an accrual's basis.| ||Gant
income
relating
to the Government
Coronavirus
Iob Retention
Scheme
is recognised
under
the
accrual model in line with stafi costs and is included
in other income.| ||Gifis and donations
include amounts
received at fundraising
events and general gifis.| ||Legacies are accounted for at the earlier of:| ||- the date on which the chmity
is aware that probate has been granted.| ||—the estate
has been
finalised
and notihcation
has been made
by the executor(s)
to the charity
that a
distribution
ivill be made; or| ||—when adistribution
is made from the estate| ||Receipt of a legacy,
in whole
or part, is only considered
pmbable
when
the amount
can be measured| ||reliably,
and the charity has been notified ofthe executor's
intention
to make a distribution.
Where legacies
have been notified to the charity, or the charity
is aware ofthe granting ofprobate,
and criteria for income| ||recognition
have not been met, then the legacy is treated as acontingent
asset and disclosed ifmaterial.| ## ## ## ## ## ## ## ||||2022|2022|2022| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| |Income from:|||||| |Donations
and legacies|||739,959|1,308,083|2,048,042| |Other trading activities|||9,822|16,500|26,322| |Investment
income|||236||236| |Other income|||11,587||11,587| |Total income|||761,604|1.324,583|2,086,187| |Expenditure
on:|||||| |Raising funds|||330,370||330,370| |Overseas activities||||1,309,371|1,309,371| |International
child|referral programme|||476,109|476,109| |Total expenditure|||330,370|1,785,480|2,115,850| |Net income/(expenditure)||before other|||| |recegnised
gains and losses
Other gains|||431,234
~e9.0u|(460,897)|(29,663)
(29,085)| |Net movemeat
in|funds||402,149|(460,897)|(58,748)| |Transfer between|funds||(124,983)|124,983|| |Total funds brought|forward||1,360.029|1,325,416|2,685,445| |Total funds carried forward|||1.637,195|989,502|2,626,697| ## ## |3)|Income|fr|o|m|donations
and le|gacies|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||2023|2022| ||||||||Unrestricted|||Restricted||Total|Total| |Gids|||||||716,945|||1,953,284||2,670,229|1,111,031| |Donated services||||||||1,262||1,813|047|1814309|937011| ||||||||718v207|||3,766,331||4,484,538|2,048,042| |4)|Income|from|||other trading activities||||||||| |||||||||||||2023|2022| ||||||||Unrestricted|||Restricted||Total|Total| |||||||||||||8|| |Fundraising||Event|||||556,542|||||556,542|26,322| |5)|Income|from|||investments||||||||| |||||||||||||2023|2022| ||||||||Unrestricted|||Restricted||Total|Total| |Bank interest||||||||11,650||||11,650|236| |6)|Other Income||||||||||||| |||||||||||||2023|2022| ||||||||Unrestrirted|||Restricted||Total|Total| |Coronavirus||Job||Retention Scheme|||||||||11,587| |7)
Analysis||of||expenditure|||||||||| ||||||Basis of
allocation|Cost of
raising funds
f.||Overseas
activities|||ICRP|2023Totalf|2022 Total| ||||||Direct /||||||||| |Statfcosts|||||Headcount||234,086||135,519||97,084|466,689|369,487| |Direct costs|||||Direct||425,802|2,530,916|||399,475|3,356,193|1,549,151| |Grants|made||||Direct||||65,688|||65,688|68,884| |Grants|written-||||||||||||| |back|||||Direct|||(177,901)||||(177,901)|| |Support|costs||||Headcount||103,626||53,600||40,199|197,425|128,328| |Total expenditure||||2022/23|||763,514|2,607,822|||536,758|3,908,094|2,115,850| |Total expenditure||||2021/22|||330,370|1,309,371|||476.109|2.115.850|2,075,835| |Ofthe total expenditure, fi,019,147||||||was|made &om unrestricted|||funds|(2022:f330,370),f2,888,947||was made| |from|restricted||funds (2022:fl,785,480).||||||||||| ## ## ## ## ## ## |8)
Net Income
/ (expendit|8)
Net Income
/ (expendit|ure)
for the year||| |---|---|---|---|---| |This is stated atter charging||/ (crediting):||2022| |Operating
lease|rentals:|||| |Property|||30,132|| |Other equipment|||964|328| |Depreciation|||4,553|8,434| |Auditor's
remuneration:||||| |Audit fees|||11,100|10,200| |Accountancy|services||4,772|4,074| |Foreign exchange losses / (gains)|||2,7715|29,085| ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||||8|| |Salaries and wage-||||||385,554|308,001| |Temporary Staff||||||28,574|22,673| |Social security costs||||||37,966|29,011| |Employer's
contribution|to defined contribution||pension|schemes||11,459|9,801| |Work permit costs||||||3,136|| |||||||466,689|369,486| |The following
number|ofemployees|received|employee|benefits (excluding|employer|pension) during the year|| |in excess off60,000:|||||||| |||||||2023|2022| |||||||No.|No.| |660,000-869,999||||||I|I| |f./0,000-f79,999|||||||| ## ## |The averag|e number ofemployees
during the year was|as follows:|| |---|---|---|---| |||2023|2022| |||No.|No.| |Raising funds||5|2| |Charitable|activities|5|4| |Support||2|2| |Governance||I|I| |||13|| ## ## |11)Tangible fixed assets|||||| |---|---|---|---|---|---| |||Fixtures|Computer|Medical|| |||and fittings|equipment|equipment|Total| |Cost|||||| |At the start ofthe year||27,817|28,071|148,537|204,425| |Additions
in year
Disposals
At the end ofthe year|~(26.744
1,073||1,130
~9,I(94
19,307|~35.723
112,814|1,130
~72,361
133,194| |Depreciation|||||| |At the start ofthe year||27,817|25,403|143,166|196,386| |Eliminated
on disposal
Charge for the year
At the end ofthe year|~(26,744
1,073||1,571
~9,894
17,080|2,982
~(35,723
110,425|4,553
~72261
128,578| |Net book value|||||| |As at 31stMarch 2023|||2,227|2,389|4,616| |As at 1stApril 2022|||2,668|5,371|8,039| |All ofthe above assets are used for charitable||purposes.|||| ## ## |12) Debtors||||| |---|---|---|---|---| ||||2023f|2022| |Other debtors|||28,710|16,102| |Prepayments|||51,952|82,663| |Accrued income|||274.736|84,655| ||||355.398|183,422| |13) Creditors: Amounts|falling due within|one year||| ||||2023f|2022
f| |Trade creditors|||53,229|57,759| |Grants payable|||150,046|177,901| |Other creditors|||7,600|12,768| |Accruals|||156,363|89,763| |Other tax and social security|||14,080|9,347| ||||381,318|347,538| ## |Less|than|Iyear|Property|Property|Equipment|Equipment| |---|---|---|---|---|---|---| ||||31stMarch|31stMarsh|31stMarch|31stMarch| ||||2023|2022|2023|2022| ||||88,560||1,138|328| ## ## |exhausted,
to en|sure maxim|um
o|perational
deliver|y
and to ensure|that the objectives|ofthe charity a|re met.| |---|---|---|---|---|---|---|---| ||||||||As at31st| ||||As at 1st|Incoming|||March| ||||April 2022|resources|Outgoing||2023| ||||Total Fund|& gains|resources|Transfers|Total Fund| |Restricted fundst|||||||| |Country
Related Overseas Activities|||||||| |Aswan
I|||29,858|158,776|(47,041)||141,593| |Aswan 2|||135,415|250,394|(154,966)||230,843| |Ethiopia Missions|and||||||| |Development
(840)Fund 017||||50,000|||50,000| |Jamaica I|||10,260||(10,260)||| |Jamaica 2|||25,000||(25,000)||| |Jamaica Hardware|Equipment|Fund||2,000|||2,000| |Rwanda||||5,000|175,554||180,554| |Uganda|||10,918||||10,918| |Other|||1,718|675|||2,393| |fnternarional
Child ReJerrat|||||||| |Programme|||||||| |Child Funding||||418,727|(302,585)||I16,142| |PH Fund||||400,000|||400,000| |3}fedicatRitaipment|||||||| |htedical
Equipment|I||298,138|16|(30,581)||267,573| |Medical Equipment|2||4,201|33,125|(1,538)||35,788| |General Overseas hlissions &|||||||| |Development|||473,994|2,420,961|(2,492,280)||402,675| |Training||||20,000|||20&000| |Ukraine||||6,657|(250)||6,407| |Total restricted
funds|||989,502|3,766,331|(2,888,947}||1,866,886| |General Funds|||1,528,611|1,286,399|(1.019.147}||1,795,863| |Unrealised
exchange gains
Total ua restricted
funds|||108,584
&.83 .&9|389399|~1.&89,||108,584
1,904,447| |Total funds|||2,626,697|5,052,730|(3,908,094)||3,771333| ## ## |||||||As at31st| |---|---|---|---|---|---|---| |||As at 1st|Incoming|||March| |||April 2021|resources|Outgoing||2022| |||TotalFund
f|hh gains|resources|Transfers
f.|Total Fund
K| |Restricted funds:||||||| |Counuy Related Overseos Actnitiet||||||| |Aswsn
1||144,853|6,852|(121,847)||29,858| |Aswan 2|||219,913|(84,498)||135,415| |Jamaica
1||64,839||(29,579)|(25,000)|IDQ60| |Jamaica 2|||||25,000|25,00{I| |Uganda|||16,540|(5,622)||IDES| |Other||1,268|450|||I,'718| |lnternotionul
Child|Referru!|||||| |Programme||||||| |Child Funding||74,194|276,932|(476,109)|124,983|| |Refugee Children||252|15,000|(15252)||| |Medical Equipment||||||| |Medical Equipment|1|309,838|(500)|(11,200)||298,138| |Medical Equipment|2|43380|3,972|(43,051)||4,201| |General Overseas Missions R||||||| |Development||686,892|785,424|(998,322)||473,994| |Total restricted funds||1,325,416|1424,5S3|(1,787,4SD)|124D83|989,502| |Geoeral Fuads||1,222,360|761 604|(330370)|(124983)|ly528 611| |Unrealised
exchange|gains|137,669||(29085)||108484| |Total uorestricted|funds|1,360,029|761,604|(359,455)|(124,983)|1,637,195| |Total funds||2,685,445|2,086,187|(2,144,935)||2,626,697| ## ## |16)
Aaalysis ofne|t assets|between funds||||||| |---|---|---|---|---|---|---|---|---| ||||Unrestricted||||Restricted|Total| ||||||f|||| |Fixed Assets||||||2,227|2,389|4,616| |Cash and current investments|||||1,814,859||1,997,778|3,792,637| |Other current assets|/ (liabilities)|||||87,361|(113,281)|124,126| |Total|||||1,904,447||1,866,886|3,921,379| |2021/22 Comparatives||||||||| ||||Unrestricted||||Restricted|Total| ||||||f|||| |Fixed Assets||||||2,668|5,371|8,039| |Cash and current investments
Other current assets / (liabilities)
Total|||||1,583,395
31,132
13637,195||1,199,379
2,782,774
~2)3248) ~)64 116)
989,502
2,626,697|| |17) Reconciliation|ofnet|income/(expenditure)|||to|net cash|flow from operating
activities|| ||||||||2023|2022| |Net income
/ (expenditure)||for the reporting||period||||| |(as per the statement offinancial activities)|||||||1,144,636|(58,748)| |Depreciation|||||||4,553|8,434| |Interest, rent and dividends||&om investments|||||(11,650)|(236)| |Increase in debtors|||||||(171,976)|(76,541)| |(Decrease)/Increase|in creditors||||||33,780|35,749| |Net cash provided|by / (used in) operating||activities||||999,343|(91,342)| ##