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||Page|
|---|---|
|Referenceand administrative details of the Company, its Trusteesandadviserc|1|
|Trustees'report|2-5|
|lndependent examiner's report|6|
|Statement offinancial activities|7|
|Balancesheet|I|
|Statement of cashflows|I|
|Notestothefinancialstatements|10-22|
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|||Restricted
Unrestricted|Restricted
Unrestricted|Total|Totat|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2423|2923|2023|2022|
||Note|E|E|E|E|
|lncomefrom:
Donationsand legacies
lnvestments|3
4|633,965|93,075
13|727,440
13|633,906
2|
|Totalincome||633,965|93,088|727,053|634908|
|Expenditure on:
Charitable activities|5|579,612|4A,17?|613,785|504,111|
|Total expenditure||5?3,S12|40,1?3|613,785|500'111|
|Netmovementinfunds||60,353|52,9{5|1{3,268|133,797|
|||rE:#
#;ffi:=::=re||||
|Reconciliationof funds:
Total funds brought forward
Netmovementinfunds||333,406
50,353|110,758
52,9{5|M4,174
{13,268|310,377
133,797|
|Totalfundscarriedfonrard||393,759|{63,683|557,42|444,174|
|||#
:!=@:!a=#:!r=::!:||||
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||Note||2A23
g||2A22
t|
|---|---|---|---|---|---|
|Fixedassets||||||
|Tangible assets|10||5'13||684|
||||513||684|
|Gurentassets||||||
|Debtors|11|7,549||4,916||
|Cash atbankand in hand||552,424||444,819||
|||559,573||449,735||
|Creditors: amountsfalling duewithinone
year|12|(2,645I||(6,245)||
|Netcurrentassets|||556,928||443,490|
|Tota! assets lesscurrent liabilities|||557,41||444,174|
|Totalnetassets|||ttt-aa||444,174|
|Charityfunds||||||
|Restrictedfunds|14||393,759||s33,40$|
|Unrestricted funds|14||{63,682||110,768|
|Totalfunds|||557,Ml||444,174|
##
|FORTHE YEAR ENDED 31 DECEMBER|2023|||
|---|---|---|---|
|||2423|2022|
|||€|+|
|Gashflaw*fromoperatingactivities||||
|Netcash usedinoperating activities||107,205|130,59A|
|Cashflornsfrom investing activities||||
|Netcashprovidedbyinvesting activities||||
|Cashflowsfromfinancing activities||||
|Netcashprovidedbyfinancing aetivities||||
|Changein cash and cash equivalentsinthe year||107,205|{30,590|
|Cash andcash equivalentsatthebeginning of theyear||444,819|314,239|
|Gashand caehequivalenhattheendof tfie year||552,O24|444,819|
||:|||
|The notes on pages10to22formpart ofthese financial statements||||
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||Restricted Unrestricted
funds
funds
2A23
2023
t€|Restricted Unrestricted
funds
funds
2A23
2023
t€|Total
funds
2023
s|
|---|---|---|---|
|Donations|35,297|24,912|
50,209|
|Grants|598,668|68,163|666,831|
||*3traa|,3'r*|?rr,Afl|
||Resfricfed
Unrestricted||Total|
||funds|funds|funds|
||2022f|2022
€.|2022f|
|Donations|55,635|v,212|62,847|
|Grants|507,050|64,A09|571,A59|
||56a685|71,221|633,906|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2023
€|2023f|
|lnvestment income-bank interest|13|13|
||Unrestricted|Total|
||funds|funds|
||2022t|2022
2|
|lnvestment income-bank interest|2|2|
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||RestrictedUnrestricted
funds
funds
2423
202?
€[|Total
2A23
A|
|---|---|---|
|Direct costs-fieldandproject costs|573,612 4A,173|613,785|
||Resfrbfed|Unrestricted||
|---|---|---|---|
||funds|funds|Total|
||2022
E|2022f|2022
f.|
|Direct costs field and project costs|517,184(17,073)||504i11|
##
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||Aetivities|||
|---|---|---|---|
||undertaken|Support|Total|
||directly|costs|funds|
||2423
e|2023f|2023
g|
|Costsof charitable activities|593,269 20,517||613,786|
||Activifrbs|||
||undertaken|Supporl|Total|
||directty|cosfs|funds|
||2022f|2022f|2022
€|
|Costsofcharitable activities|460,880|39,231|50A,'tI|
|Analysis ofsupport costs||||
|||Ministry|Total|
|||Activities|funds|
|||2A23t|2023I|
|$upport costs||20,346|20,346|
|Governance casts-depreciation||171|171|
|||20,517|
20,517|
|||-||
|||Minr'sfn'es|Total|
|||AcfiVitr'es|funds|
|||2422f|2422t|
|Support costs||39,A43|39,003|
|Govemance costs-depreciation||228|228|
|||39,231|
39,231|
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|lndependentexaminer'sremuneration|||
|---|---|---|
||2423
t|2022
f|
|Feespayable tothe Company's independent examinerfortheindependent
examinationof theCompany'sannualaccounts|4,250|3,600|
##
|Staffcosts|||
|---|---|---|
||2023
g|2022
f|
|Wagesandsalaries|71,827|61,413|
|Socialsecuritycosts|5|498|
|Contributiontodefined contributionpensionschemes|2,732|2,594|
||74,564|64,505|
|The average numberofpersons employedbytheCom|panyduringthe yearwasasfollows:||
|---|---|---|
||2A23|2022|
||No.|No-|
|Projectstaff
Administratiop|6
I|6
1|
||7|7|
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|10.|Tangible fixed assets||||
|---|---|---|---|---|
|||Office|Technical||
|||equipmentt|equipmentt|Total
f|
||Cost orvaluation||||
||At1January 2023|4,472|9,{99|13,670|
||At31December2023|4,472|9,198|13,670|
||Depreciation||||
||At1January2023
Charge fortheyear|3,884
f71|
9,103
*|12,$97
171|
||At31December2023|4,055|
9,t03|13,159|
||Netbook value||||
||At31December2023|417|95|512|
||At31December2022|588|96|684|
|11.|Debtors||||
||||2423|2022|
||||€|L|
||Duewithinoneyear||||
||Prepayments and accrued income||7,549||
||Tax recoverable|||4,916|
||||7,549|4,916|
|12.|Greditors: Amountsfallingduewithinoneyear||||
||||2423|2022|
||||E|€|
||Other creditors||2,645|a
645|
||Accrualsanddefened income|||600
3,|
||||2,645|6,245|
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|||2023
t|2422
E|
|---|---|---|---|
|Financial|assets|||
|Financial|as$ets measuredatfairyaluethrough incomeandexpenditure|552,024|444,819|
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|$tatementoffunds-curentye|ar||||
|---|---|---|---|---|
||BalanceatI|||Balance at
31|
||January|||December|
||2023
€|lncorneExpenditure
f8||2423I|
|Unrestrictedfunds|||||
|GeneralFunds|110,768|93,087|(i!0,173){63,882||
|Restrictedfunds|||||
|NorthAfrica|135,{35|256,506|1234,3171|157,324|
|MiddleEast|3,000|2,700|(3,000)|2,700|
|GentralAsia|26,728|151,799|1141,789t.|36,737|
|ArabianPeninsula||4,521|14,5211||
|Orphanfund|5,059|10,131|(9,371'l|5,819|
|Capacityfund|84,098|196,587|$42,4AAl|138,285|
|Other|79,385|11,722|(38,214)|52,994|
||333,406|633,965|(573,6,t2)393,759||
|Totaloffunds|wt,174|727,052|{6{3,795)557,M1||
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|$tatementof funds-prior y|ear||||||
|---|---|---|---|---|---|---|
|||||||Ealanceat|
|||Balaneeat||||31|
|||IJanuary||Iransfers||December|
|||2022{|lncomeExpendituref
f||in/out
€|2022
BL|
|Unrestrictedfunds|||||||
|Designatedfunds|||||||
|Designated Funds||2,115|||{2,115)||
|Generalfunds|||||||
|GeneralFunds||46,621|71,223 (22,179)||15,fi3|11A,768|
|TotalUnrestrictedfunds||48,736|71,223 (22,179)||12,988110,768||
|Restrictedfunds|||||||
|RestrictedFunds-allfunds||261,641|56a|685(477,932)|(12,988)333,406||
|Totalof funds||310,377|633,908fi01,111)||
-|444,174|
||:|=::E@38.@@||
@g=:|||
|$ummary offunde-current y|ear|||
|---|---|---|---|
||||Balance at|
||Balance atI||31|
||January||December|
||2423
C|lncomeExpenditure
ft|2023
€|
|Generalfunds
Restricted funds|,10,768
333,406|93,087{40,{73}
633,965(573,812)|163,682
393,759|
||M4,174|727,452
(613,785)557,41||
||:!:|||
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|Summary offunds-prior|year|||||
|---|---|---|---|---|---|
||||||Balanceat|
||Balanceat||||31|
||IJanuary||Iransfers||December|
||2422t|lncomeExpenditure
ft||in/oulf|2022{|
|Designated funds|2,115|||(2,115)||
|Generalfunds|46,621|71,223|(22,179)|15,103|110,768|
|Restrictedfunds|261,641|562,685|{477,s32)|(12,988)|333,406|
||s10,37V|633,908pA0,111)||
*|444,174|
##
|Analyeis ofnetassebbetweenfunds
Analysisofnetassets between funds-current year||||
|---|---|---|---|
||RestrictedUnrestrlcted
funds
funds
2A23
2A2'
e€||Total
funds
2423
E|
|Tangible fixed assets||||
|Current assets
Creditorsduewithinoneyear|agr,zsg
-|,6u,:;:
(2,645)|,r*;:
(2,645)|
|Total|393,759|163,682|557,41|
|Analysis ofnetassets between funds -prioryear||||
||Unrestricted
Restnbfed||Total|
||funds|funds|funds|
||2022f|2022
E|2022f|
|Tangible fixed assets||684|684|
|Cunent assets|333,406|116,329|449,735|
|Creditorsduewithin one year||{6,245)|(6,245)|
|Total|333,406|110,768|444,174|
##
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|Reconciliation ofnetmovement infundstonetcashflow ftomoper|atingactivities||
|---|---|---|
||2A23f|c
2022|
|Netincomefortheyear{asperStatement ofFinancialActivities)|113,268|133,797|
|Adjustments for:
Depreciation charges|171|228|
|lncreasein debtors
Decreaseincreditors|{2,63,1}
(3,600)|
(158)
(3,287)|
|Netcash providedbyoperatingactivities|107,205130,580||
##
|Analysisof cashandcash equivalents|||
|---|---|---|
||2023|2022|
||E|E|
|Cash inhand|552,424|444,819|
|Totalcash and cash equivalents|552,024|444,819|
##
||At,||||At3t|
|---|---|---|---|---|
||January|||December|
||2423|Cashflows||2023|
||f||E|E|
|Cash atbankandin hand|4p,4,819||,l07,205|552,024|
||M4,819||107,205552,024||
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