CHARITY KEGISTRATION NUMBER: 1092338 (ENGLAND) CHARITY REGISTRATION NUMBER: SC038886 (SCOTLAND) Project Kinshasa (PROKIN) Unaudited Financial Statements 31 March 2024 AMT Business Northumbria Ltd Groiind Flnor, Lion House. Willowbuni Iiidustrial Estate, Alnwick NE66 2PF
Project Kinshasa (PROKIN) Financial Statements Year ended 31 March 2024 Page Tiustc¢s' annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Not¢s to th¢ financial statements Thc following pgges do not form part of the financial statements Detailed statement of financial activiiies Notes to the detailed statement of financial ¢lLtivitics 10 18 19
Project Kinshasa (PROKIN) Trustees, Annual Report Year ended 31 March 2024 The trustees present their report and the unaudited fjnancial statements of the charity for the year ended 31 March 2024. Reference and admini$tr2tive detail Registered charity name Project Kinshasa (PROKIN) Charity registration number 1092338 {Englaiid) SC038886 (Scotland) PrineipAI office 12 Cheviot View Lowick Berwick Uwn Tweed TD15 2TY Th¢ ti"ustees Jamcs And¢rson Barbara Curtis Arthur I lodgctt Riith Hnwgeg() Piiul TIIoiiisoii Paul Blenkinsop (from March 2024) Independent examiner Kate Netherwood AMT Business Northumbria Lid Ground Floor, Lion House, Willowburn Industrial Estate, Alnwick NE66 2PF Structure• governance and management Project Kinshasa (PROKtN) was set up by trust deed dated I Ith November 2000 and is a registered charity - No 1092338 (England) and SC038886 {Scotland). Objectives and activities The objectg of the charity are: 'lo rcli¢v¢ financial hardship and sickn¢ss of street childr¢n by providing food, Eloihing? accommodotion and medi¢al attention; To advance religion by paying Christian workers and by holding services tor teaching and worship; and To d(JvaiiL¢ uL£lti01l by pioviding financial sUPPOrt to cnablc childrcn to attend schools and subsequently to receive vocational training.
Project Kinshasa (PROKIN) Trustees, Annual Report (coftlinued) Year ended 31 March 2024 Achievements and performance Arriving at the end of another year- ending 31 Sl March 2024. we can look back and see how the work of Prokin in Kinshasa has continued during the year coming to an end. Only one new boy came to live in the Prokin family in this financial year. It was decided that in view ot" raised costs not to accept new children until some of the oldci children mov¢ on to b¢comc independent. Fiv¢ of th¢ older boys who w¢re Siven 3 months to leave the flats and to start to support themqelves independently, did move out at the end of the last financial year. So for ihe current finanii411 year Prokin 15 r¢sponsibl¢ for only two small flats. In these flats live lh¢ following 6 boys: Glody. Noel. Jonathan, 12a, Jose and Jiinior. They receive very little help from Prokin. Several of the older boys have got their sch()nl diplomas and have been searching for.jobs, so ihat they can become independent. Bui the LuriYI)I siluation in Kinshasa has madc pcople very reluctant to tske on any new staff. Papa Senga- thc old sentry of Prokin who retired in 2022 - died in Septemher 2023. Mama Marie who had been at Prokin t-or l ¥ years - took a stroke in Ociober 2023 and died iii Nov¢mber 2023. Projects: The water project has worked slowly this )ear as now the water has to be sold in 'bidons' and not in plaslic bags. In the current financial situation, many people find il too diificult to buy a 5 Iitre bidon. The soap project has not worked all year as there is still a part needed for the maLhine, and it cannot be found in Kinshasa. Petit continues to live at Prokin but he now has his own room partitioned oif in the boys, dormitory. Peter is doing a football course but he also does all the main maintenance work at Prokin. The farni- Prokin owns a plot of land on which a small pig fami was run. But in November 2023, all the pigs died from an epidemic. Since then the plot of land has been wurked by the children on somc of the days when they are not at school (Saturdays and holidays). They have planted seeds maize and manioc. They have already had harvests of the maize. So the fami land is now beiiig used to grow crops to eat. Currently a little hen hous¢ is being constructed in the Prokin compound. Kapafule - the Prokin d¢puty and his wife had their first baby. But MC had severe mental problems (possibly post-natal depression) gn they %eparated for several months but are now back together. During the current financial year. two of the older hnys got their degrees: John and Mike in accountancy. Prokin 'churches': There are 4 churches in diffciciil Piuls of Ki115has4 which under the umbrella of th¢ Prokin charity in Kinshasa. These are: Prokin. Mpassa. Kinkale and Te¢ Jaun¢. I'here is also a grnup that meets at the university. All these groups continue well and, from timc to tim¢, they arrange juiiil uuIif¢rciicr5 or youth camps. In June the Prokin children wcrc ke1] to visit a handicap ccntrc for severely handicapped children_ Thcy took som¢ sweets 2nd biscuitg to give tn the children there. 'I'his visit really moved Ihe Prokin children and made them realise who much th¥y ¥aLlI liavc for which thcy can b¢ thankful.
Project Kinshasa (PROKIN) Trustees, Annual Report fconiiuued) Year ended 31 March 2024 Last year, Stany was selected by a football scout group from Portugal. However. after several months there. he learned that the football coaches were involved in people traificking. Stany immediately left and went to France where he's working in a restaurant while training in a football team. Unrest in Kinshasa: There are several 1[155 iii Kinshasa which have caused a lot of problems. One day they smashcd the Prokin minibus back window. Thankfully the children had already gone into the sch(iol. There is no vehicle insurance and the police do nothing. There were Presidential elections in D¢c¢mber 2023. Thcrc was a lot of unrest and violence for several days. In the DRC there are two main seasons: wet and dr),. The 2023-24 wet season was particularly heavy. This caused a lot of damage to roads. Inner city roads are tarmacked but away frotn lh¢ centr¢, roads are built on solidified tnud foundalions. Thc rains washed awav the mud foundations- destroying these roads. Some of them were well used roads. 'I'his meanl tralTic had 10 pile onio 5Jiiall¥I A oad5. .1 his causes constant iraffic j¢uns. li a150 took Its toll on the vehicles. For Prokin all the vehicleq have had to hove major repairs. In addition the trAtTic jams have increased considerably Ihc fucl consumption. Eac.h worker continues to receive a monEhly allowavice foi their travclling ¢xpenses to and from Pivkiii. Th¢ work¢rs rcc¢ivcd their usual Chrigtmas boniis of SnO/o of their monthly pay. The Manager was also asked to give occasional one-off bonus of S l O to 1-3 ufilic work¢rs who had consistently worked well. Funds are kept in the Prokin Coinmunity Account to cover the nornial running costs. During the y¢ar- the old Prokin Business Premium account was closed out to the Prokin Base Rate account. So on 31 St March 2024 the Prokin's accounts are: Prokin Current Account, Prokin Base R<tle Account. Equals Group Prokin account The Pmkin truslees, meeting was held zoom again this year. During the year the trustees are inforn]¢d of various items as they happen. Arthur Hodgett resigned as a trustee on 31. March 2024. Paul Blenkinsop was added as a trustee in March 2024. We ar¢ hopin¥ to find a more local accountant to complete the independent examination this financial year rather than the accountant from Edinburgh that was uscd last year. Financial review The charity's net assets at the. year-end increased by £1,235 (2023 £49,333) lo £689,836 {2023 £688.60]) with net currenl ass¢is (Tnuiiily cash) amountins to £594,202 (2023 £589,410) Investment income increased this year to £5,415 (2023 £848) on cash deposits. Total resoiirce% expended decreased this year by £31,130 (2023 £12,766) to £193,250 (2023 £224,380). Th¢ r¢souroes ¢xpended have exceeded donations by £6,638 (2023 £89,640).
Project Kinshasa (PROKIN) Trustee$, Annual Report fconlinued) YeAr ended 31 March 2024 Financial review (conrfnued) The cost Expenditurc Budget of £210,000 (2023 £300,000) was under spent by £16.750 (2023 £75,620). A provisional cost Budget has been set for FY202415 at £200.000 (2023 £210.000). Trustees, responsibilities statement The trustees are responsible for preparing ihe trustees, report and the financial siat¢ments in accordai)ce with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and applicaiion of rcsuutL¢s, of th¢ charity for that pcriod. Iii Pr¢ping th¢sc financial statements, the trugteeg are required to.. select suitable accounting wlicies 2nd then apply them consistently" observe. the methods and principles In thc applicable Charilies SORP; ake judgments and accounting ¢stimat¢s thai are r¢asonabl¢ and prudenL stat¢ whether applicablc UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financi21 statements. prepare the financial statements on the going concern basis unless it is inappropriate to pr¢sumc that the charity will continu¢ in business. Th¢ trust¢¢s are rcsponsible for keeping¥ adequate accounting recnrds that are sutyicient to show and explain the charity's trancactions and disclose with reasonabl¢ accuracy at any time the financial position of th¢ Lharity and enable them to ¢nsure that the financial statements comply with the Charities and Trustees Investments {%cotland) Act 2005, the Charity Accounts (Scotland} Regulations 2006, and the provisions of the Trust Deed. They are also rcsponsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilics.
Proj¢ct KinsbRya (fROKINJ "rru$leei' Annual Rkportiu•tsrf41 Ycar cndcd 31 Mr& 2024 •nd si8ned on behalf of th¢ ol. IFllSleQ¥ ty- AMI#w Tnle¢ Riilh IIOW8E60 Jaul TITh)50 I rusiee
Project Kinshasa (PROKIN) Independent Examiner's Report to the Trustees of Project Kinshasa (PROKIN) Year ended 31 March 2024 I report to the trustees on my examination of the financial slatements of Proj¢ct Kinshasa (PROKIN) ('the ¢hdrity') for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investtnent (Scotland) Act 2005 (the '2005 Act,), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Charities Act 2011 ('the 201 l Act.). You are salisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examination of the charity's financial statements as carried out under section 44(1)(c) of the 2005 Act and section 14$ of the ?.nl l Ac.t In r.Arying niit my exAminAtinn I have followed Ihe requirements of Regulation I l of the Charities Accoun15 (SLoil¢ind) R¢¥uldtiuns 2006 (il amended) and the applicable Directions 8iven by the Charity Commission under section 145(5)(b) of the 2011 Act. Independenl exaiiiiner's statement Sincc th¢ charity has prcparcd its accounts on an accruals basis and is a150 registered in Scotland your examiner must be a member ot-a body list¢d in KegFulation I1(2) ol-the Lharities Accounls (Scotland) Regulations 2006 (as amended). I can conf)mi that l am qualified to undertake the examination because l am a registered member of ACCA which is one of the listed bodies. I have completed my examination. I confirni that no matters have come to my attention giving m¢ cause to believ¢ that in any material respect: a¢countin8 records were not kept &$ required by section 44(1)(a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and section 130 of the 2011 Act. or the financial statements do not accord with those records. or the financial statements do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended} and do not comply with the applicable reqiiirements concerning the forn] and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any rcquirement that the accounts bFive a true and fair view which is not a matter considered as part of an independent examination.
Project Kinshasa (PROKIN) Independent Examiner's Report to the Trustees of Projeet Kinshasa (PROKIN) (eonlinmed) Year ended 31 March 2024 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Kate Nethenvood AMT Bustn¢ss Northumbria Ltd Ground Floor. LTon House, Willowburn Induslrial Estate, Alnwick NE66 2PF 30. August 2024
Project Kinshasa (PROKIN) Statement of Financial Activities Year ended 31 March 2024 2024 Rcstricted funds Tolal funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies InvestmeT]t income 178,444 5,415 10,626 189,070 5.415 272,865 848 Total income 183,859 10,625 194,485 273,713 Expenditure Expenditure on raising funds: Costs of raising donations and legacie.s Expenditurc on Gliaritablc a¥tiv ities 'I'otal expenditure 2,289 180,335 2,289 190,961 3.460 220,920 10,626 182,624 I n,626 19_1,250 224,380 Net income and ll¢l lliovciiielll fullds 1,23i 1,235 49,333 Reconcillation of fund$ Total funds brought forward Totsl funds carried forwArd 688,601 688.601 639.268 689.836 689,836 688.601 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Tht Pas 10 10 16 form P¥Jrt vf thtse fiiiaiiciY41 st*lk¢ts.
Project Kin5hasa (PROKIN) Statement of Financial Position 31 March 2024 2024 2023 Note Fixed assets -1 angible fixed assets 13 95,634 99,191 Current ets Debtors Cash at bank and in hand 14 15,972 579,430 131,125 459,285 595,402 590,410 Creditors: amounts falling due within one year Net current assels 15 1.200 1.000 594,202 589,410 Total llssets less eurrent liabilities 689,836 688.601 Net assets 689,836 688,601 Funds of the chgrity Unr¢striGt¢d funds 689,836 689,836 688,601 Total cbarity funds 16 688,601 These financial statements w¢re approved by the board of truslees and authorised for issue on Z iiCtL, ber 2024, and are signcd on behalf of th¢ board by: James Anderion I rustee Ruth Howgego Trustee -1 fi'-o fl Paul Thomson Trustee The notes on pggeg 10 to 16 form p#rt of these fin*neial st%tements.
Project Kinshasa (PROKIN) Notes to the Financial Statements Year ended 31 March 2024 General infomation The charity is a public benefit entity and a registered charity in England, Wales and Scotland and is unincorporated. The address of the principal otTice is 12 Cheviot View, Lowick, Berwick Upon Tw¢cd, TDI 5 2TY. Statement of compliance These financial statements have beeii prepared in compliance wilh FRS 102, 'The Financial Reporting Stand4ird applicabl¢ in the UK and the RepubliL of Ireland,, Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing th¢ir accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l Janiiary 2n19). (Charities SORP (FRS 10?)). the Charities Act 2011, Lharitics and Trustee Investtn¥iil (Scotland) Act 2005 and the Charity Accounts (Scotland) R¢gulations 9006 (as amended). The charity cnnstilutes a public bcnefit entity as defined by FRS 102. Accounting pollcfie5 Basis uf yreparation The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets aiid liabilities and invcstment prop¢rties measured at fair valu¢ through incom¢ or exp¢nditur¢. Th¢ financial statements are prepared in sterling. which is the functional currency of the ¢ntity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of thc financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These ¢slimates and judgements are continually r¢view¢d and are based on expericnce and other factors, including expectations of future ¢vents that are believed to be reasonable under the circumstances. Fund accounting Unr¢siricied funds are avuiltiblc for us¢ at thc discrction ofthe trustees to further 2ny of the charity's purposes. Restricted funds are funds that can only be used for particular restricted purposes within the charity's objectives. Funds ar¢ restricted when their purpose is specitied by the donor or by the tenns of an appeal or where they are raised for a particuldr pui'pos¢ or project.
Project Kinshasa (PROKIN) Notes to the Financial Statements {coMinued) Year ended 31 March 2024 ALcountillg policies {cvnl¥n¥ed) Incoming resources All tncnme is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic bcnefits associated with the transaction will flow to the harity and the amount Lan Ix reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitletnent to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable <ind entitlement is cstablished. interesi on funds held on dcyusit 15 includ¢d when thc amount receivable can be measured reliably by the charity. Resources expended Expenditure is recogynised on an accruals basis as a liabilily is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under heading% nf the statement ol-frinancial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities and event5. expenditure on charitable activities includes all costs incurred by the charity in underlaking activities that further it% charitable aims for the benefit of its beneficiaries, includingF thusc support costs and costs rclating to the governance of the charity apportioned to charitable activities. Tangible assets Tangible assets are initially recorded at cosL and subsequently stated at cost less any accumulated d¢pciatIon and impainnent losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revalualion less any subscquenl accumulated dcpreciation and subsequent accumulated impairnient losses. An increase in th¢ carrying amount of an asset as a result of a revaluation, is Tecognised in other recognised gains and losses, unless it reverses a charg¢ for iiiipairni¢nt that has prcviously been rccogniscd as cxpenditure within the statement of fin2nc181 Activitie8. A decrease In the carrying amount ot- an a.sset as a result of revaluaiion, is recognis¢d JII otlicr r¢cognis¢d gains and losses, exc¢pt to which it offsets any previous revaluation gain, in which Case the loss is shown within other recogniscd gains and losses on Ihe sthietnenl vr riIi4tii¥ial activitics. DepreciatlOD Dcprcciation is calculatcd so as to write off the cost or valuation of an asset. less its residual value. over the useful economic lile ot that isset as follows: Motor vehicles 25 % strdight line
Projeet Kinshasa (PROKIN) Notes to the Tr inancial Statements (continued) Year ended 31 March 2024 Accounting policies {conlinued) Impairment of fixed assets A review for indicators of impximient is caled out at each reporting date. with the recoverable amouni being estimated where such indicalors ¢XiSt. Wliere the carrying value exceeds the r¢coverdbl¢ amounl, th¢ asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. Financial instruments A financial ass¢t or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Current assets and current liabiliiies are subscquently Ill¢(Uld at thc cash or othcr consideration expected to be paid or received and not discounted. Donations and legacies Unr¢stricted Funds Restrict¢d Tutal Funds Funds 2024 Donation5 Donations Tax recoverable on Gift Aid donations 160,129 15,857 10,626 170,755 15,857 Legacies Legacies 2,458 2,458 178,444 10.626 189,070 Unrestricted Funds Restricled Total Funds Funds 2023 Donations Donations Tax recovered on Gift Aid donations 120.106 13,013 1,621 121,727 13,013 Legacies 138.125 138,125 271,244 1,621 272,865 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Fiinds 2023 Bank interest receivabl¢ 5,415 5,415 848 848 12
Project Kinshasa (PROKIN) Notes to the Financial Statements (contsnHe Year ended 31 March 2024 Costs of raising donations and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Cost of generating funds 2.289 2.289 3,460 3.460 Expenditure on charitable activities by fund type Unrestricted unds Restrictcd Total Funds Funds 2024 Orphanage Support Costs 178,364 1,971 10.626 I RR,990 .971 I ¥U.335 10.626 190.961 Unrestricted Flind.% Rcstricted Total Fuiids Fiinds 2023 Orphanage Support costs 216,672 2,627 1,621 217,293 3,627 219.299 1,621 220,920 Expenditure on charitable activities by activity type Activities underLqken directly Support cosls Tntgl fund8 2024 Total fiind 2023 Orphanage Governance costs 187,590 1.971 1.400 189,561 1,400 219,920 1,000 187,590 3.371 190.961 220,920 Net income Net income is stated after chargingl(crediting): 2024 2023 Depreciation of tangible fixed assets 3,557 4,041 13-
Project Kinshasa (PROKIN) Notes to the Financial Statements (eonlintstdj Year ended 31 March 2024 10. Independent examination ftts 2024 2023 Fees payable to the independent examiner for: Independent examination of the financial stalements 1,400 1.000 11. Staff costs Th¢ total staff Costs and employee benefits for the reporting period are analysed as follows: 2024 2023 Wages and salaries 31,975 31,208 Th¢ av¢rag¢ h¢ad count of cmployccs during thc ycar was 16 (2023: 15). No employee received employee benefits of more than £60.000 during the year (2023: Nil). There were no pensions and social s¢curity costs. All workers are employed by PKUKIN in Kinshasa. The number of orphans this financial year was 33 (2023 38). 12. Truslee remuneration and expenses No remuneration or other benefits from employment with the charity OT a related entity were r¢c¢iv¢d by the trustees (2023 £nil). One trustee, Barbara Curtis, was reimbursed £1,634 for cash items bought wholly and exclusively for the charity during the year (2023 £3,502). It is mainly stamps and stationery to send ncwslcttcrs to donors. Th¢r¢ w¢r¢ no r¢lated party transactions during the year (2023 - £nil). 13. Tangible fixed assets Freehold property Motor vchicl¢s Total Cost At l April 2023 and 31 March 2024 Depreeiation At l April 2023 Cliarg¢ for tlie year At 31 March 2024 95,634 38,209 133,843 34,652 3,557 34,652 3,557 38,209 38,209 Carrying amount At 31 March 2024 95.634 95,634 At 31 March 2023 95,634 3,557 99,191 14-
Project Kinshasa (PROKIN) Notes to the Financial Statements (conlinuedj Year ended 31 March 2024 14. Debtors 2024 2023 Prepayments and accrued incovne Other debtors 113,000 18,125 15.972 15,972 131,125 15. Creditors: amounts falling due within one year 2024 2023 Accruals and d¢f¢rr¢d incom¢ (hher creditors 1,200 1,000 1.200 1.000 16. Analysis of Charitable funds Unrestricted funds At l April 2023 At 31 March 2024 Income Expenditure General fund 688,601 183,859 (182,624) 689,836 At l April 2022 At 31 March 2023 Income Expcnditurc General fund 639,268 272,092 (222,759) 688,601 Restricted funds At l April 2023 At 31 March 2024 Income Expenditure Restricted fund 10,626 (10,626) At l April 2022 At 31 March 2023 Income Expenditure Rcstricted fund 1,621 .621) Restricted Funds used for ediication. c.hristmas gifts for orph2n%, medical expenqes and Christmas bonuse5 for staff.. 15-
Project Kinshasa (PROKIN) Iyotes to the Financidl Statements (coniinued) Year ended 31 March 2023 17. Analysis of net si$sets between funds Unrestricted Total Funds Funds 2024 Tangibl¢ fixed assets Current assets Crcditors less than l year Net asseh 95,634 595,402 (1.200) 95.634 595,402 {1,200) 689,836 689,836 Unrestricted .1 otal Funds Funds 2023 Tan8ible fixed assets Curreni asseis Creditors less than l year Iyet a55ets 99,191 590.410 ( 1.000) 688.6UI 99,191 590.410 ( 1,000) 688,601 18. Funds received as agent or held as eustodian trustee nil 16-