2022-03-31-accounts

Reference and administrative details ofthe Charity,	Reference and administrative details ofthe Charity,	its trustees	and advisers
Management	Committee's report
Independent	auditors' report
Statement of	financial activities
Balance sheet
Statement of	cash flows
Notes to the financial statements

			At 31 INarch	At 31 March
			2022	2021
		Notes
Fixed Assets:
Tangible Fixed Assets			30,520	38,749
Current assets:
Debtors			414,336	45,659
Cash at bank and in hand			616,500	1,068,599
			1,030,836	1,114,158
Liabilities:
Creditors falling due within one year			(67,210)	(68,853)
Net current	assets		963,828	1,025,305
Net Assets		13	994,146	1,064,054
Funds;
Unrestricted	funds	10	459,944	405,923
Designated	funds	10,11	47,059	163,218
Restricted funds		10,12	487,143	494,913
			994,146	1,064,054

			2022	2021
			5	5
Net Movement in Funds	(as per Statement of Financial Activities)		(69,908)	112,506
Adjustments for:
Depreciation			11,107	8,870
Loss on disposal offixed asset			117	1,191
Interest received
(Increase) / decrease in debtors			(368,777)	103,392
Increase / (decrease) in creditors			(21,643)	45,239
Net Cash generated from Operating		Activities	(449,104)	271,198
Cash flows from Investing activities:
Interest received
Purchase offixed assets				(18,727)
(Write off) / Proceeds on disposal offixed assets			(2,995)	4,026
Net cash from investing	activities		(2,995)	(14,701)
Cash flows from financing activities:
Other
Interest
Net cash from investing	activities
Net increase / (decrease)	in cash and	cash equivalents	(452,099)	256,497
Cash and cash equivalent	at beginning	ofperiod	1,068,599	812,102
Cash and cash equivalent	carried forward		616,500	1,068,599
Cash and cash equivalents can be analysed as follows:
Cash in hand			616,500	1,068,599
			616,500	'l,068,599
The notes on pages 19to 30form part ofthese financial statements.

2.	Donations	Donations
			Year ended	31 March 2022
						Year ended
			Unrestricted	Restricted	Total	31March
			Fund	Fund	Funds	2021
			8			5
	Donations	(incl Events)	331,868	107,399	439,267	498,300
	Total 2021		363,893	134,407	498,300

. Inco	me from Charitabl	e Activities
		Year ended	31March 202
					Year ended
		Unrestricted	Restricted	Total	31March
		Fund	Fund	Funds	2021
		8	6	6
Institutional	Donors	15,000	503,167	518,167	500,580
Total 2021			500,580	500,580

			Year ended 31	Nlarch 2022				Yearended 31
								March 2021
			Activities	Project
			Undertaken	Activity	Staff	Support	Total	Total
			Directly	Grants	Costs	Costs	Costs	Costs
				Payable
				6
Expenditure
Costs ofraising		funds:
Event costs			1,732				1,732	1,431
Fundraising	& publicity		21,430		46,386		67,816	68,599
			23,152		46,386		69,548	70,030
Charitable	activities:
Project Funding			284,527	143,042	428,875	103,546	959,990	861,837
Governance	costs:					7,446		7,597
Foreign exchange		(gains) l
losses						(9,642)	(9,642)	(53,089)
Total Charitable		activities	284,527	143,042	428,875	101,350	957,794	816,445
Total expenditure		2022	307,689	143,042	475,261	101,350	1,027,342	886,475
Total expenditure		2021	330,845	95,923	428,866	30,841	885,475

					Yearended	Year ended
					31March 2022	31March 2021
					6
Project	activity grants		payable included	grants approved
in the year as follows:
Project	activity	funding	Io institutions		143,042	95,923
Governance		costs
Auditor's	fees				7,160	7,343
Management		consultancy *			286	354
					7,446

	Year ended	Yearended
	31March 2022	31March 202f
Support Costs
Space and Office Costs	17,894	32,496
Management and Personnel Costs	3,045	1,769
ITCosts	2,341	2,647
SAfrica office related costs (excl salaries)	63,783	30,750
Other support costs	16,484	18,571
Bad debt provision
Regular Support Costs	103,546	76,233
Foreign exchange (gains) / losses *	(9,642)	(53,089)
Governance Costs	7,446	7,697
Total Support Costs	101,350	30,841

. Trust	ees and em	ployees
Staff	costs:				Year ended
				Year ended 31	31 March
				llllarch 2022	2021
				8
Salaries				274,955	260,004
Social secudity costs				3,554	1,801
Pension scheme contributions				512	789
Consultant,	temporary	and agency staff		196,240	166,272
				475,261	428,866
The average	number of	persons employed	/ contracted	Number	Number
during the year was:
UK					5
SAfrica					31
				48

8.	Creditors
	amounts	falling due within one year	At	31 March	At 31March
				2022	2021
				8
Trade	Creditors			32,344	30,114
Taxation and social security
Accruals and Other Creditors				34,866	58,739
				67„210	88,853

9.	Operating Lease Commitments
			Land &Buildings
		At	31 March	At 31 March
			2022	2021
			6
Expiry	Date:
Within	1 year		17,136	20,607
Within	2 and 5years		7,140	24,276
			24,276	44,883

			Balance at	Incoming	(Outgoing)		Balance at
			1 April 2020	Resources	Resources	Transfers	31 March
							2022
Unrestricted	Funds		405,923	346,868	(292,847)		459,944
Designated	Funds		163,218		(116,159)		47,059
Restricted	Funds		494,913	610,566	(618,336)		487,143
Total			1,064,054	957,434	(1,027,342)		994,146
The Unrestricted		income	Funds are classified	as follows:		At 31 March	At 31	March
						2022		2021
						9
Unrestricted	Funds					459„944	405,923
Designated	Funds					47,059	163,218
Total						507,003	569,141

			Balance at	Incoming	Eligible	Project activity	Balance at
			1 April 2021	Resources	Transfers	paid & payable	31 Ilarch
							2022
	Innovation	fund —UK	116,992		(20,483)	(57,185)	39,324
Innovation	fund —South Africa		46,226		20,483	(58,974)	7,735
		Total	163,218			(116,159)	47,059

						Balance at	Balance at	Incoming	Eligible	Project activity	Balance at
						1 April	2021	Resources	Transfers	paid 5 payable	31 March
											2022
											E
Enable, South Africa						343,382		382,715		(409,933)	316,164
Better Together,		South		Afdca		34,329				(32,203)	2,126
Bright Start,	South Africa						2,859	221		(1,868)	1,212
South Africa	Fund					32,676		71,013		(18,236)	85,453
Connect Malawi,		Malawi				76,443		43,229		(110,486)	9,186
One London,	UK						2,609	109,000		(41,377)	70,232
Other							2,615	4,388		(4,233)	2,770
				Total		494,913		610,566		(618,336)	467,143
13. Analysis		ofthe Charity's			net assets by Fund
							Unrestricted		Designated	Restricted	Total
								Fund	Fund	Funds	Funds
								6	5	8	5
Fund balances at			31 March 2022 are
represented		by:
Tangible	Fixed Assets							30,520			30,520
Debtors								154,081		260,255	414,336
Cash at	bank	and	in hand					339,045	47,059	230,396	616,500
Creditors: amounts				falling due	within one year			(63,702)		(3,508)	(67,210)
								459,944	47,059	487,143	994,146

6. Summary ofProject Activity Grants Payable
	2022	2021
Summary ofProject Activity Grants	6
Africa
Connect Malawi - Yoneco	44,810	24,883
Connect Malawi - PATA	44,162
Better Together	12,305	7,980
Covid 19		32,068
	101,278	64,931
Other
UK —One London	41,764	30,992
Total Project Activity Grants Payable	143,042	95,923

			Balance at	Income	Balance at
		1	April 2020	I(Expenditure)	31 March 2021
Unrestricted	Funds		411,402	(5,479)	405,823
Designated	Funds		46,556	116,662	183,218
Restricted	Funds		493,591	1,322	494,913
Total			951,549	112,505	1,054,054

18.	Comparative	2021 Analysis ofthe Charity's	net assets by	Fund
			Unrestricted		Funds
			Unrestricted	Designated		Restricted	Total
			Fund f		Fund f	Fundsf	Fundsf
Fund	balances at	31March 2021 were
represented by:
Fixed	Assets		36,749				38,748
Current Assets			419,631		164,415	529,909	1,114,158
Creditors: amounts		falling due within one year	(52,657)		(1,200)	(34,996)	(88,853)
			405,923		163,216	494,913	1,084,054