| Char ity details | Page 3 | ||
|---|---|---|---|
| Report fr om the Chair | Page 4 | ||
| Statement of Trustees' | responsibilities | Page 7 | |
| Financial statements | Page 8 | ||
| Independent Examiner's |
Report | Page 11 | |
| Unaudited analysis of Tanzanian |
expenditur e | Page 12 |
| 2021 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| 8 | Income | C | |||||
| 505.00 | Oonations rcccivcd |
500.00 | |||||
| 14,672.51 | Rccurrcnt donations |
rcccivcd under | standing | orders | 12,234.68 | ||
| 67.00 | Sales of textile products | 1,190.00 | |||||
| 484.17 | Intcrcst reccivcd | 564.31 | |||||
| 4,272.62 | Sift Aid refunds from |
WMRC (note | 2) | 4,981.01 | |||
| 20,001.30 | 19,470.00 | ||||||
| Expenditure | |||||||
| 22,144.39 | Rcmittanccs to Tanzania | (note 3) | 17,098.73 | ||||
| 71.72 | Bank charges on rcmittances |
56.68 | |||||
| 57.00 | Printing costs | ||||||
| 97.00 | Other expenses | 115.00 | |||||
| 22,370.11 | 17,270.41 | ||||||
| (2,368.81) | Income surplus (2021: | Incatne shortfall) | 2,199.59 | ||||
| 12,130.47 | Bank deposit at 30 | June | 2021 | 9,761.66 | |||
| 9,761.66 | Bank deposit at 30 | June | 2022 | 11,961.25 |
| 2021 | 2022 | ||||
|---|---|---|---|---|---|
| 8 | Income | C | |||
| 1,435.77 | Donations | received | 325.85 | ||
| 5,954.77 | Standing | orders | 5,893.50 | ||
| 8,750.00 | Donations | relating to student | sponsorship | 4,250.00 | |
| I.cgacics | 98,526.38 | ||||
| 1,025.00 | Sales of | textile products | 458.00 | ||
| 565.52 | Interest | rcccived | 667.65 | ||
| 18.75 | Other income |
||||
| 17,749.81 | 110,121.38 | ||||
| Expenditure | |||||
| 15,691.00 | Remittanccs to Tanzania |
(note 3) | 22,937.42 | ||
| 48.28 | Sank cha~s on remittances |
63.32 | |||
| 1,500.00 | Spending | on projects | 1,500.00 | ||
| 815.81 | Printing | costs | |||
| 216.00 | Wcbsite | costs | 216.00 | ||
| 190.00 | Other cxpenscs | 96.00 | |||
| 18,461.09 | 24,812.74 | ||||
| (711.28) | Income | surplus (2021: Income shortfall) | 85,308.64 | ||
| 24,072.37 | Bank deposit at 1 July 2021 | 23,361.09 | |||
| 23,361.09 | Bank deposit at 30 June 2022 | 108,669.73 |
| ZOZ1 | ZOZ1 | 2022 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| 7Z'sh | '000 | Sencral Fund (see |
below for breakdown) | TZ sh '000 | |||
| 49,8Z9 | Staff welfare | 45,793 | 71.0 | ||||
| 14,288 | Operational overheads |
13,769 | 21.4 | ||||
| Z,446 | Other costs | 4,931 | 7.6 | ||||
| 66,860 | Total Scncral Fund | 64,493 | 100.0 | ||||
| Nigel I.loyd Fund (see page 13far breakdown) | |||||||
| 3,IZ3 | Zawadi School |
||||||
| ZZ,488 | Orphan wclfar c |
26,032 | 45.1 | ||||
| 10,718 | Sponsored colscs | 22,296 | 38.7 | ||||
| 9,394 | Bibl Babu project | 9,315 | 16.2 | ||||
| 48 7Z3 | Total Nigcl I.loyd Fund | 57,643 | 100.0 | ||||
| 112,Z83 | Ove all Totals | 122,136 | |||||
| Scncral Fund - Breakdown | |||||||
| 'k (of total) | |||||||
| 41,129 | Staff salaries | 37,820 | 58.6 | ||||
| 8,700 | Other allowances |
7,973 | 12.4 | ||||
| 49,829 | Total Staff Welfare | 45,793 | 71.0 | ||||
| 314 | Vtilitics | 767 | 1.2 | ||||
| Z60 | Fees | 270 | 0.4 | ||||
| 7,e03 | Maintenance | 4,583 | 7.1 | ||||
| 1,e33 | Vehicle running costs |
2,198 | 3.4 | ||||
| 4,040 | Office costs | 3,926 | 6.1 | ||||
| Credit schcmc training | 2,025 | 3.1 | |||||
| 14,288 | Total Operational | Over | heads | 13,769 | 21.3 | ||
| 1,628 | Manufacture of textile |
pr oducts for sale | in thc VK | 2,576 | 4.0 | ||
| e1e | Other costs | 2,355 | 3.7 | ||||
| Z,446 | Total Other Costs |
4,931 | 7.7 | ||||
| 66,8'60 | Total Sencr al Fund | 64,493 | 100.0 |
| 2021 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 7Z sh '000 | Nigcl Lloyd Fund - Breakdown | '4 | (of | total) | |||||
| 888 | School feeding | ||||||||
| 647 | School medical costs |
||||||||
| 477 | School uniforms | ||||||||
| 667 | yraduation ccrcmony |
||||||||
| 444 | Other school costs |
||||||||
| 3,123 | Total Zawadi School Costs |
||||||||
| 1,314 | Secondary school fceding |
programme | 5,898 | 10.1 | |||||
| 6,293 | Medical costs | 6,891 | 12.0 | ||||||
| 5;225 | Educational costs (basic) |
5,646 | 9.8 | ||||||
| 900 | Domestic support costs |
1,595 | 2.8 | ||||||
| 1,844 | Social events | 1,935 | 3.4 | ||||||
| 455 | Peer educators | 478 | 0.8 | ||||||
| 6,457 | Libr ary/study centr c running |
costs | (including feeding) |
3,589 | 6.2 | ||||
| 22,488 | Total Orphan Project Costs | 26,032 | 45.1 | ||||||
| 10,718 | Cost of sponsored cosscs and support | packages | 22,296 | 38.7 | |||||
| 705 | Annual packages |
560 | 1.0 | ||||||
| 7,566 | Monthly packages |
7,230 | 12.5 | ||||||
| 1,083 | Social events | 1,125 | 2.0 | ||||||
| 40 | Medical costs | 400 | 0.7 | ||||||
| 9,394 | Total Bibi Babu Costs | 9,315 | 16.2 | ||||||
| 35,005 | Total Nigel Lloyd Fund |
57,643 | 100.0 | ||||||
| 101,565 | Total spending for thc year |
fr om both | Funds (scc page | 12) | 122,136 | ||||
| BREAKDOWN | OF | MONEY TRANSFERS | |||||||
| Z021 | 2022 | ||||||||
| 8 | C | ||||||||
| 2Z,144.39 | 6cncral Fund (see page 8) |
17,098.73 | |||||||
| 15,691.00 | Nigel Lloyd Fund (scc page 9) |
22,937.42 | |||||||
| 37.835.39 | Total Ster liny transfers | 40,036.15 | |||||||
| 7Z sh '000 | TZ sh | '000 | |||||||
| 114,732 | Local cerency pr occcds |
of | sterling | tr ansfers (note 1) | 122,285 | ||||
| (1,005) | Adjustment required duc |
to | exchange r |
atc fluctuations | (note 2) | (872) | |||
| 113,727 | Intended value of transfers |
(based | on | agreed quarterly | budgets) | 121,413 |