| Reference and Administrative Details |
|
|---|---|
| Trustees' Report | 2to4 |
| Statement ofTrustees' Responsibilities | |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes tothe Financial Statements | 9to14 |
| Ghana International Found |
Ghana International Found |
ation | ||||
|---|---|---|---|---|---|---|
| Reference and Administrative | Details | |||||
| Trustees | Lord PYBoateng | |||||
| D Adansi | ||||||
| CThomson | ||||||
| RJBSambou | ||||||
| SBhandari | ||||||
| Charity | Registration | Number | 1083550 | |||
| Principal | Office | 67Cheapside | ||||
| London | ||||||
| EC2V 6AZ | ||||||
| Independent | Examiner | Sargent &Co | ||||
| Chartered Accountants | ||||||
| 219Croydon Road | ||||||
| .Caterham | ||||||
| SuiTey | ||||||
| CR3 6PH | ||||||
| Bankers | Ghana International | Bank pic | ||||
| 67 Cheapside | ||||||
| London | ||||||
| EC2V 6AZ |
| Statement ofFi | nancial | Activities for the | Year Ended | 31December 20 | 22 |
|---|---|---|---|---|---|
| Unrestricted | Total | Unrestricted | Total | ||
| funds | 2022 | funds | 2021 | ||
| Note | |||||
| Income from: | |||||
| Donations and legacies |
51,920 | 51,920 | 52,354 | 52,354 | |
| Investinent income |
448 | 448 | 21 | 21 | |
| Total income | 52,368 | 52,368 | 52,375 | 52,375 | |
| Expenditure on: |
|||||
| Charitable activities |
(94,506) | (94,506) | (996) | (996) | |
| Total expenditure | (94,506) | (94,506) | (996) | (996) | |
| Net (expenditure)/income | (42,138) | (42,138) | 51,379 | 51,379 | |
| Net movement in funds |
(42,138) | (42,138) | 51,379 | 51,379 | |
| Reconciliation offunds | |||||
| Total funds brought forward | 181,298 | 181,298 | 129,919 | 129,919 | |
| Total funds carried forward | 10 | 139,160 | 139,160 | 181,298 | 181,298 |
| Balance Shee | t as at 31December 2 | 022 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | |||||
| Current assets Cash at banlc and in hand |
~13 160 | ~1812 | 8 | ||
| Funds ofthe | charity: | ||||
| Unrestricted | income funds | ||||
| Unrestricted | funds | 139,160 | 181,298 | ||
| Total funds | 10 | 139160 | 181298 |
| 2 | Income from | donations and lega |
cies | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||||
| funds | Total | Total | |||||||
| General | 2022 | 2021 | |||||||
| Donations and legacies; |
|||||||||
| Donation from Ghana International | Bank pic | 50,000 | 50,000 | 50,000 | |||||
| Donations from individuals | 554 | ||||||||
| Donated services | 1,920 | 1,920 | 1,800 | ||||||
| 51 | 920 | 51 | 920 | 52 | 354 | ||||
| 3 | Investment | income | |||||||
| Unrestricted | |||||||||
| funds | Total | Total | |||||||
| General | 2022 | 2021 | |||||||
| Interest receivable and similar income; | |||||||||
| Interest receivable on bank deposits | 448 | 448 | 21 |
| 4 Expendit |
ure on charitable activities |
|||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total | Total | ||
| General | 2022 | 2021 | ||
| Grant funding ofactivities | 92,586 | 92,586 | (684) | |
| Governance | costs | 1,920 | 1,920 | 1,680 |
| 94 506 |
| Governance | costs | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total | Total | ||
| General | 2022 | 2021 | ||
| Independent | examiner fees | |||
| Examination ofthe financial statements | 1,920 | 1,920 | 1,680 | |
| 1920 | 1 920 | 1 680 |
| Analysis ofgrants | |||||
|---|---|---|---|---|---|
| Grants to institutions | |||||
| 2022 | 2021 | ||||
| Analysis | |||||
| Education | 65,345 | ||||
| Health | 504 | ||||
| Relief ofpoverty and education | 27,241 | ||||
| Commitments from 2021retired |
(1,188) | ||||
| 2 586 | 684 | ||||
| Below are details ofmaterial grants | made to institutions. | ||||
| 2022 | 2021 | ||||
| Name ofinstitution | Activity | ||||
| Creating New Beginnings | Education | 60,345 | |||
| Move the World | Education | 5,000 | |||
| Action through Enterprise | Relief ofpoverty | and education | 8,832 | ||
| Porridge &Pens | Reliefofpoverty | and education | 10,000 | ||
| Street Children Empowerment | Fund | Relief ofpoverty | and education | 8,409 | |
| I&orle BuTeaching Hospital | Health | 504 | |||
| 92,586 | 504 |
| 10 Punds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at 1 | 31 | |||||||
| January | Incoming | Resources | December | |||||
| 2022 | resources | expended | Transfers | 2022 | ||||
| Unrestricted | funds | |||||||
| General | 179,298 | 52,368 | (94,506) | 2,000 | 139,160 | |||
| Designated | 2,000 | (2,000) | ||||||
| Total funds | 181298 | 52368 | ~94506 | 139 160 | ||||
| Balance at31 | ||||||||
| Balance | at 1 | Incoming | Resources | December | ||||
| January | 2021 | resources | expended | 2021 | ||||
| Unrestricted | funds | |||||||
| General | 127,919 | 51,871 | (492) | 179,298 | ||||
| Designated | 2,000 | 504 | (504) | 2,000 | ||||
| Total funds | 129919 | ~523 5 |
| 11 Analysis ofnet assets between funds | |||
|---|---|---|---|
| Unrestricted | Total funds at | ||
| funds | 31December | ||
| General | 2022 | ||
| Current assets | 139 160 | 139160 | |
| Total funds at | |||
| Unrestricted | funds | 31December | |
| General | Designated | 2021 | |
| Current assets |