2021-12-31-accounts

IDRB REGISTERED CHARITY NO. 1101170 COMPANY NO. 03862575

UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021

IDRB

REPORT OF THE DIRECTORS AND TRUSTEES

REGISTERED OFFICE :

International House, 12 Constance Street, London, E16 2DQ

PRINCIPAL ADDRESS :

Quest House, 1st Floor, 73 Balcombe Road, Horley, RH6 9AB

DIRECTORS AND TRUSTEES

M Rogers M Thomas S Helms M Maxson

COMPANY SECRETARY

M Thomas

EXAMINERS Moore Kingston Smith LLP Betchworth House 57-65 Station Road Redhill Surrey. RH1 1DL BANKERS National Westminster Bank Plc 39 Station Road Redhill Surrey. RH1 1QN

OBJECTIVES AND ACTIVITIES

The company is a registered charity and its principal activity is to advance education and to relieve poverty.

LEGAL AND ADMINISTRATIVE INFORMATION

The organisation is a charitable company limited by guarantee and was incorporated as company number 03862575 on 15th October 1999 and registered as charity number 1101170 on 15th December 2003.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. The directors of the charitable company are its trustees for the purposes of charity law.

The directors and trustees submit their annual report and the audited financial statements of the company for the year ended 31st December 2021.

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IDRB

REPORT OF THE DIRECTORS AND TRUSTEES (continued)

GOVERNANCE

The company is regulated by the Companies Act 2006 and by its Memorandum and Articles of Association. IDRB is governed by a Board of Directors. Directors are appointed through ordinary resolution of the existing Board of Directors. The Board of Directors hold final authority within the organisation with the Treasurer, Margaret Thomas, responsible for the day-to-day management of the charity. Country Directors, Chief Representatives and Principle Officers hold authority for all IDRB activities within their respective geographical areas.

TRUSTEE RECRUITMENT AND TRAINING

When new Trustees are required, the board considers applications from individuals presently serving in a similar position or line of work as well as those recommended by their charitable networks. All applicants are assessed based on: education and work experience; passion for, and commitment to, the charity's objectives; and ability to devote the time required for successful governance of the charity.

The Board’s skills base is reviewed regularly to identify recruitment and training needs to ensure effective governance. Regular Board meetings are also used to identify areas where training would improve the performance of the Board.

DIRECTORS

IDRB is a company limited by guarantee and not having share capital. The trustees therefore do not have any financial interests in the company.

RESERVES POLICY

The charity holds free reserves to ensure that it can meet its foreseeable commitments, bearing in mind the current level of activity and uncertain financial markets.

The trustees consider that $50,000 is an adequate level of reserves. Should reserves fall out of line, the trustees would take steps to either increase fundraising or spend funds on suitable projects. The policy is reviewed annually by trustees and regularly monitored by the treasurer.

As at 31 December 2021, the amount of these reserves in the Charity's unrestricted funds amounted to $104,159. The trustees are satisfied that this level of reserves is adequate.

RISK MANAGEMENT

The trustees are aware of the requirements of the charities SORP 2019 and have implemented systems to mitigate all major risks to which the charity is exposed. The charity maintains a Corporate Risk Assessment and has reviewed the personal risks, the financial risks and the compliance and administration risks which face the charity. The report sets out to highlight certain pertinent areas where the charity should and has taken steps to mitigate the risks.

PUBLIC BENEFIT

The trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on Public Benefit including the guidance 'public benefit: running a charity (PB2)', when reviewing their aims and objectives.

IDRB is a life changing charity, helping those in need by providing healthcare, educational services and community development.

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IDRB

REPORT OF THE DIRECTORS AND TRUSTEES (continued)

FINANCIAL REVIEW

In 2021, IDRB received a total income of $773,277 (2020: $748,534), a 3% increase. Total funds at the year end were $104,159 (2020: $66,471).

The level of income in 2021 was higher than 2020, with expenditure lower, resulting in a surplus for the year of $37,688 (2020: $1,698).

OBJECTIVES

IDRB exists to demonstrate love for needy people by providing health care, educational services, and community development projects. Our goal is to serve with diligence, integrity, humility, and compassion. We choose our staff, funding sources, and organisational partnerships with these values and goals in mind. We seek opportunities to help the poor and strengthen families in the places on Earth with the greatest needs. Our job is complete when they are enabled to help themselves and their neighbours live better lives. Our vision is to enable others through sustainable development.

Our principles are:

• Human Resources – We provide human resources for sustainable development.

• Empowerment – We equip and empower individuals and communities to solve their own real and

• perceived problems;

• Partnership – We work relationally in accountable partnerships with international organisations, government entities and local communities to encourage community-based solutions for sustainable development and

• Integrity without bias – We operate under principles of integrity without regard to ethnicity, gender, religion or nationality .

FUNDING

The organisation never solicits funds from countries in which IDRB is working. All funding for projects, programs, and maintenance of personnel comes from external sources, including associated charitable networks.

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IDRB

REPORT OF THE DIRECTORS AND TRUSTEES (continued)

DJIBOUTI

• Objectives/Activities for 2021

Our goal for 2021 was to continue our veterinary program in the Tajourah region of Djibouti by utilising volunteers and local staff and by working with local government officials.

We also aimed to develop a sport fishing program in Djibouti city to help the local fishermen in Tajourah city to expand their businesses to include services for tourists. Aid included instruction in sales, customer service, government policies and cultural issues when catering to foreigners.

• Successes (Failures)

Veterinary Clinic

The representatives of the IDRB, in cooperation with the Department of Veterinary Services of Djibouti, as well as the veterinary assistant, carried out 57 days of veterinary consultations in the countryside of Djibouti. We cared for a total of 22,130 animals in The Tadjourah Region of Djibouti. From January to December, we provided animal health assistance to 269 households in Tadjourah district.

Sport fishing Activities

Sport fishing Tadjoura:

• Connected Sportfishing Tadjourah with 10 tourist clients who completed a total of 4 fishing trips between November 2020 and May 2021;

• Provided Sportfishing Tadjourah with digital proofs of brochures to market to future clients;

• Accompanied 2 Sportfishing Tadjourah excursions (separate from tourist trips) to continue to build relationships with the guides.

Ras Ali Fishing Cooperative:

• Expansion of the project to include the Ras Ali fishing cooperative;

• Provided basic fishing equipment (fishing line, hooks);

• Created and installed a road sign (marketing) and supervision of minor aesthetic improvements to the road (access) at the Ras Ali tourist camp to help future customers locate the cooperative. In May 2021, a photo of the road sign was shared on Facebook by a Djibouti tourism page with over 50,000 followers, and the president of the Ras Ali fishing cooperative reported an increase in messages/phone calls from potential customers.

• Collected of data and media (photos) to be marketed via Google reviews;

• Accompanied sport fishing excursion to bond with the guide and help spot exclusive fishing spots.

• A private Djibouti citizen recently purchased 2 boats to start his own sport fishing tourism business after seeing the potential of the fishing project partners.

• 2022 Planned Projects

• During 2022 IDRB-Djibouti will conduct two projects within the Tadjourah Region and one in Djibouti city:

• Sportfishing/Tourism . We will continue to provide training to local fishermen of the methods of targeting fish to create a local sport fishing industry in Djibouti. We will also help them to understand marketing on the internet to reach individuals interested in participating in sport fishing.

• Animal Health Intervention . We will continue to provide training to Community animal health workers to increase their capacity to provide animal health treatment to the animal owners of Tadjourah.

ETHIOPIA

Objectives/Activities for 2021

IDRB’s objectives are as follows:

• To provide relief from the effects of drought, famine, and other natural disasters

• To relieve poverty

• To advance education

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IDRB

REPORT OF THE DIRECTORS AND TRUSTEES (continued)

IDRB uses several short-term and long-term strategies to advance its stated objectives. A guiding philosophy of IDRB is to assist in improving the quality of life for the beneficiaries and their communities. IDRB works with local community associations, leaders, government, and beneficiaries to identify and understand the needs of a community from their perspective when developing new project work. IDRB believes that to advance its objectives in a manner that truly leaves a community better off after its projects are completed, it is essential to hear the heart of the community. Another core value of IDRB is that all people, regardless of their race, religion, social or economic status, have intrinsic worth and value. Therefore, all people deserve to be treated with respect and dignity.

• Successes (Failures)

The outbreak of the COVID-19 pandemic in March 2020 had a significant impact on IDRB-Ethiopia’s ability to operate its projects. This was manifested in two ways. The Mobile Clinic project had to be closed before the final year of project due to economic impact of pandemic. Fortunately, the two water projects (Central Gondar Zone Renewable Energy Water project and Wag Hemira Zone Renewable Energy Water project) were fully funded before the pandemic and were not affected budget wise. In the early stages of the pandemic, there were travel restrictions that prevented travel from the capital city to the countryside where the water projects were located. When travel restrictions were eased, the long rains had begun which precluded access to two of the windmill sites in the Central Gondar Zone. A one-year extension was granted to allow this project to be completed by June 2021. The final windmill site for the Wag Hemira Zone was located within a town and IDRB was able to complete this final windmill project.

The conflict in the northern state of Tigray broke out in November 2020 and the area remains in an insecure state at this time. The Mobile Clinic project was closed before the conflict began and it is unknown when the war will end so that we can re-engage in new projects in this area.

• 2022 Planned Projects

IDRB in Ethiopia plans to

• Continue to completion of the Central Gondar Zone Renewable Energy Water Project

• Investigate future opportunities for new windmill and solar water pump projects.

• Work with the Central Gondar Zone Department of Water, Irrigation, and Energy to develop a proposal for a regional centre for training in windmill and solar water pump technologies.

• Submit a proposal for the “Deep Roots EFL Project” in the City of Gondar and the Central Gondar Zone to train and engage teachers who teach and train in English Grades 1 through 8.

• Investigate opportunities in the Korahey Zone of the Somali Regional State to address the lack of water at medical centres using either windmill or solar powered water pumping systems.

HORN AND EAST AFRICA

The IDRB Horn and East Africa regional office supports the country offices in Ethiopia, Djibouti and Kenya.

Although we do not initiate or carry-out projects on our own, it is our goal to provide aid and collaborative services that will benefit all the country offices.

• Objectives/Activities for 2021

• Monitoring and evaluating IDRB projects in the Horn and East Africa (HEA).

• Promotion of quality standards for all IDRB offices in the HEA.

• Organisational capacity building to enhance IDRB’s capabilities to perform specific activities in the HEA.

• Coordination of partnerships in international development in HEA.

• Provide assistance in developing and implementing IDRB-approved strategies in the HEA.

• Assistance in procuring funding from donors for IDRB approved projects.

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IDRB

REPORT OF THE DIRECTORS AND TRUSTEES (continued)

• Successes (Failures)

Because of Covid-19 pandemic, we afforded the country offices multiple opportunities to initiate projects which mitigated the loss of income and buying power for needy persons. Another emergency project provided relief from food disaster.

• 2022 Planned Projects

Our objectives for 2022 remain the same as in 2021. We hope to meet these objectives by encouraging personnel in the country offices to return to a high level of activity. We plan to support them as needed.

JORDAN

• Objectives/Activities for 2021 :

• Distribute 1,600 food baskets in Yemen and in the Diaspora, providing consistent food stability for 400 households (3,000 individuals) in four different provinces in Yemen.

• Provide rent assistance to 15 Yemeni families for 12 months.

• Provide health care and/or medicine for 30 patients in Yemen or the Diaspora.

Successes (Failures)

• We were unable to provide micro-finance training and resourcing because of the lack of access to implementing partners inside of Yemen.

• The financial situation in Yemen made getting funds to implementing partners very difficult. There is a lack of banking infrastructure as well as challenges created by sanctions within the banking sector.

• We did meet the goal of increasing food stability among vulnerable households.

• IDRB volunteers took a leave of absence for much of the year to deal with burnout, which impacted how much we were able to accomplish this year.

2022 Planned Projects

• Set up a project centre in South Yemen through local implementing partners.

• Continue food distributions in three provinces, targeting the most vulnerable.

• Hold more consistent trauma care and training, basing out of the project centre.

• Train and resource 25 Yemeni beneficiaries to begin micro-enterprise projects.

• The strategies for achieving those objectives.

• Facilitate the registration of an international training centre in South Yemen.

• Hold four trainings for implementing partners.

• Continue food distributions in four provinces, targeting the most vulnerable.

• Train a local team to implement micro-finance projects in Yemen and secure the funding for the projects.

MOROCCO

After years of running successful projects across the country, IDRB had to close its activities and shut down the office in January 2019 due to government regulations for NGOs in Morocco. The decision to close the office was based on long discussion and communication with specialists and lawyers. Some of our personnel remained in the country during 2021 to complete all necessary paperwork, but due to COVID-19 had to postpone the process of closing the local office.

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IDRB REPORT OF THE DIRECTORS AND TRUSTEES (continued) TRUSTEE'S RESPONSIBILrnES The twstees a￿ responsib￿ for prepailng the Trustee's Rewrt and the finan￿￿ 5tstements in aC{L>￿an￿ wth applicab￿ law and Unrted KJ"ngdom Acc￿Jnts.ng Standards Iunrtad lQ"ThJdom Gèneralty ACCp￿￿ AceoufitiffJ Pr8cb"eel. Company law Tequir•s the Ink5te8S to prepare fin8naal ststernents for each financi81 year. whth under company law the trustees must not approve the finanraal statements unkss they a￿ sth"sfied that tw gNe a true and fair wew of the state of affairs of tt charitable company and the incxffiirrtj resour￿ and application ol resour￿. induding ncorne and exFEnditure. of ts Charilab￿ (wpany lorthat ￿nCj. In Kweparing lI￿e financial Statements, th& directors ara fèquirad to".- al Salset SUrtab￿ accountiThJ pc4iues and ts aoy thwn w￿lS￿nty'. bl Obser¥e ts rnethrAts and princips in the chal￿e$ SORP.. el Make judwents and estimates thare reascth and dl State ¥thether ap￿ica￿a UK accounth"NJ standar¢ls indudirrfJ FRS 102 have been fdl(Y•pY. subject to any maten'al departures d￿￿Oj and explain￿ in thè ffinantsal ¥tstgments,' el State ¥thether a Stater￿t of Recommentsj Practice ISORPI appJi85 and h85 been foll(M￿l. 5ubJectto any matsnal daparturès disdos8d and explained in the finanaal staternents.. and fj Prèparè on the goiNJ ¢oncem baws un￿5 rt is ￿ aFvropriate to presurne that the ccfflpany will continue in busiress. The trustees are res[Mi￿$ble for keeping pl￿r acccyJnb"rwJ r8cy)rds ￿lch disc1￿ rèasona￿6 acojracy at any time the f nanc4al position ofthe Charitab￿ ¢cxnpany aThJ to enable them to ensure that the finanaal statements comply th8 CornPan￿ Act 21M16. They are aLso responsib￿ for safeguarding the assets ofthe charitable eompany and h9n￿ for tsking rga$on￿ stw forts kYevenlKJn and detecb.on of fraud and other irregularities. ALLC MPANIE EXEMP This report has been prepa￿d bwlh the Staternent of R8comrnendeil Practice- Accounltng and R8porling by Charitias and in accordan￿ with the speaal prowsiryB ol Part 15 ofthe Companw Art relating to small On tohalf ofthe Board.. M Thomas Trustse

IDRB INDEPENDENT EXAMINERS' REPORT TO THE MEMBERS OF IDRB

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

• 1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

• 2) the accounts do not accord with those records; or

• 3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

• 4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

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.

Ian Matthews

For and on behalf of Moore Kingston Smith LLP

Chartered Accountants

Betchworth House 57-65 Station Road Redhill Surrey. RH1 1DL

Date: 20 July 2022

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IDRB

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2021

INCOME FROM Donations TOTAL EXPENDITURE ON Charitable activities Project expenses TOTAL NET (EXPENDITURE)/INCOME TRANSFER BETWEEN FUNDS NET MOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD	Notes	Unrestricted	Unrestricted		Restricted Funds $ - - - - - - - - -	Total Funds 2021 $ 773,277 773,277 735,589 735,589 37,688 - 37,688 66,471 104,159	Total Funds	Total Funds
			Funds $ 773,277 773,277 735,589 735,589 37,688 - 37,688 66,471 104,159					2020 $ 748,534
	7
								748,534
								746,836
								746,863
								1,698
								-
								1,698
								64,773
								66,471

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IDRB BALANCE SHEET AS AT 31ST DECEMBER 2021 2021 Debtors C88h al bank and in ha￿1 104.910 64.653 111.926 74,071 Amounts falling due wilhin one year 767 NETC RR 104,159 66.471 104.159 86,471 NDS OF THE CHARITY Unrestrict8d lunds Restricte(I funds 104,159 66,471 For the financial year ended 31 Dec7)ter 2021 the Charitab￿ Cl￿panY w85 entrued to exernption from audit under won 477 CornpanEs Act 2C￿￿ No member of the charitable company has deposited a notic, pursuant to sèction 476, requiring an audrt ofihèse ftnanoal ststamants undgr ts requirprnents of ts Ccffjpanw Act 20C6. The Directors acknovledge their respc¥)sibtlths fortomplying ￿ the Acl th r85FerttO 8cwuntiThJ reo)rds and the prep8ration of finanrial 3tsternents. The financAal ststements have been prepared in accordan¢ vth Ihe promsiorts applicab￿ tr eompank•s wthin Part 15 of thè Compani8s Act 2006 reLgting to smaller entrbes. Approved by ts Board for issue on i Thom Trusts• R•gister8d Company No. 0386257S 10-

IDRB

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021

1. STATUS OF THE CHARITABLE COMPANY

The charitable company is limited by guarantee and does not have a share capital. Every member of the charitable company undertakes to contribute to the assets of the company in the event of the same being wound up during the time that they are a member or within one year after they cease to be a member, for the payment of the debts and liabilities of the company contracted before they cease to be a member, such amount as may be required not exceeding £1.

The company is a registered charity and as such is exempt from taxes under the provisions of the Income and Corporation Taxes Act 1988.

The charity is registered in England and Wales, the registered office is International House, 12 Constance Street, London E16 2DQ

2. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The company is a public benefit entity for the purposes of FRS 102 and a registered charity established as a company limited by guarantee and therefore has also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (The FRS 102 Charities SORP), the Companies Act 2006 and Charities Act 2011.

The financial statements are prepared in US dollars, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest dollar.

The financial statements are prepared under the historic cost convention. The principal accounting policies adopted are set out below.

Going Concern

The trustees have assessed the impact of Covid-19 on the charitable company and whilst there have been some delays and cancellations to projects, the delays have been short and the impact on the charitable company has been relatively small. Whilst the ultimate impact of the pandemic cannot as yet be assessed with certainty, due to the nature of the charitable company’s activities the trustees are confident that the pandemic will not impact the going concern status of the charitable company. As a result the trustees believe that the charitable company will be able to continue in operation and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements.

Incoming Resources

All Monetary donations and gifts are included in full in the statement of financial activities when receivable, provided that there are no donor-imposed restrictions as to the timing of the related expenditure, in which case recognition is deferred until the pre-condition has been met. Gifts-in-kind are accounted for at the trustees' estimate of value to the charity or sale value as follows:

• assets received for distribution by the charity are recognised only when distributed.

• assets received for resale are recognised, where practicable, when receivable or otherwise when sold.

• • gifts or fixed assets for charity use or funds for acquiring fixed assets for charity use are accounted for (as restricted funds) immediately on receipt.

Intangible income is valued in income to the extent that it represents goods or services which would otherwise by purchased. An equivalent amount is charged as expenditure. Voluntary help is not included as income.

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IDRB

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021

2. ACCOUNTING POLICIES (CONTINUED)

Cash collected to which the charity is legally entitled but which has not been received at the year end is included as income.

Donations under deed of covenant and gift aid together with the associated income tax recoveries are credited when donations are received.

Resources Expended

All costs are allocated between expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

Expenditure, which is charged on an accruals basis, is allocated between:

• costs of raising funds;

• expenditure on charitable activities; and

• other expenditure represents those items not falling into any other heading.

Support costs include central functions and have been allocated to activity costs categories on a basis consistent with the use of resources, e.g. staff costs by the time spent and other costs by their usage.

Governance costs comprise the cost of running the charity, including external accountancy, Trustees' legal advice and constitutional and statutory compliance costs. These have been included in support costs.

Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Fund Accounting

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds. Expenditure is only recognised when a liability is incurred.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs.

Foreign Exchange

Monetary assets and liabilities denominated in foreign currencies are translated into US dollars at the rates of exchange ruling at the balance sheet date rounded to the nearest dollar. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to income and expenditure account. The exchange rate at the year end was that £1 was equivalent to $1.35 (2020: £1 to $1.36).

Financial instruments

• i) Cash and cash equivalents Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity of three months or less.

• ii) Debtors and creditors

Debtors and creditors receivable or payable within one year of the reporting date are carried at their at transaction price. Debtors and creditors that are receivable or payable in more than one year and not subject to a market rate of interest are measured at the present value of the expected future receipts or payment discounted at a market rate of interest.

Cash flow statement

The Charity has taken the exemption available in para 7.1B of FRS 102 and not prepared a statement of cash flows.

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IDRB

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021

3. CRITICAL ACCOUNTING ESTIMATES AND AREAS OF JUDGEMENT

In the view of the trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

4. FINANCIAL INSTRUMENTS

The financial statements include the following in respect of items held at fair value at 31 December

5.

Financial assets measured at amortised cost Financial liabilities measured at amortised cost DEBTORS Project expenses in advance Prepayments

Project expenses in advance represents monies advanced to field operatives which have not been expended at the balance sheet date.

6.	CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals		2021 $ 7,767 7,767	2020 $ 7,600
				7,600

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IDRB

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)

7.

TOTAL RESOURCES EXPENDED

Costs directly allocated to activities General and hunger relief Strategy development Travelling expenses Language study Support costs allocated to activities Housing expenses Children's schooling Telephone Printing, stationery and office expenses Staff development expenses Security Bank charges and interest Independent examiner fees Legal and profesional fees		Charitable Activities 2021 $ 116,992 185,890 147,760 7,686 52,448 21,970 10,295 142,137 13,903 15,852 3,795 7,767 9,094	Charitable Activities 2021 $ 116,992 185,890 147,760 7,686 52,448 21,970 10,295 142,137 13,903 15,852 3,795 7,767 9,094	Total Funds 2021 $ 116,992 185,890 147,760 7,686 52,448 21,970 10,295 142,137 13,903 15,852 3,795 7,767 9,094	Charitable Activities 2020 $ 88,788 124,428 224,933 9,373 109,197 63,478 15,010 80,010 3,522 12,814 913 7,600 6,770	Charitable Activities 2020 $ 88,788 124,428 224,933 9,373 109,197 63,478 15,010 80,010 3,522 12,814 913 7,600 6,770	Total Funds 2020 $ 88,788 124,428 224,933 9,373 109,197 63,478 15,010 80,010 3,522 12,814 913 7,600 6,770
			~~735,589~~	~~735,589~~		~~746,836~~	~~746,836~~

8. EMPLOYEE INFORMATION AND KEY MANAGEMENT PERSONNEL

Aside from the directors, the charitable company had no employees. Key management personel include the directors of the Charitable Company.

No directors or trustees received any remuneration or reimbursement for any expenses during the year.

9. CONTROL

Throughout the year the company was under the control of its directors.

10. RELATED PARTY TRANSACTIONS

There were no related party transactions in the reporting period requiring disclosure.

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IDRB

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)

11. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Current assets Current liabilities Net assets at 31st December 2021 Current assets Current liabilities Net assets at 31st December 2020		General Funds 2021 $ 111,926 (7,767) 104,159 General Funds 2020 $ 74,071 (7,600) 66,471	General Funds 2021 $ 111,926 (7,767) 104,159 General Funds 2020 $ 74,071 (7,600) 66,471		Resticted Funds 2021 $ - - - Resticted Funds 2020 $ - - -	Resticted Funds 2021 $ - - - Resticted Funds 2020 $ - - -	Total Funds 2021 $ 111,926 (7,767)
							104,159
							Total Funds 2020 $ 74,071 (7,600)
							66,471

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IDRB

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 (continued)

12. MOVEMENT IN FUNDS

Restricted Funds Special gifts Total Restricted Funds General Funds Unrestricted funds Total General Funds Total Funds Restricted Funds Special gifts Total Restricted Funds General Funds Unrestricted funds Total General Funds Total Funds		At 1st January 2021 $ - - 66,471 66,471 66,471 At 1st January 2020 $ - - 64,773 64,773 64,773		Incoming Resources $ - - 773,277 773,277 773,277 Incoming Resources $ - - 748,534 748,534 748,534		Outgoing Resources $ - - (735,589) (735,589) (735,589) Outgoing Resources $ - - (746,836) (746,836) (746,836)		Transfer between Funds $ - - - - - Transfer between Funds $ - - - - -	At 31st December 2021 $ -	At 31st December 2021 $ -	At 31st December 2021 $ -
											-
										104,159
										104,159
										104,159
									At 31st December 2020 $ -
											-
											66,471
											66,471
											66,471

PURPOSE OF RESTRICTED FUNDS

Special gifts : The balance is for gifts donated to the charity for specific projects or for overseas operatives to spend as they require.

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IDRB

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2021

GROSS INCOME FROM ALL SOURCES Charitable Donations- Benevolent project funds Total income TOTAL EXPENDITURE OUT OF THE CHARITY'S INCOME FUNDS Operating Expenses - Bank charges and interest Independent examiner fees Benevolent Projects Expenses- General and hunger relief Strategy development Travelling expenses Language study Benevolent Projects Support Expenses- Housing expenses Children's schooling Telephone Printing, stationery and office expenses Staff development expenses Security Legal and profesional fees Total expenditure Surplus for the year	$ 773,277	$ $ 748,534 773,277 913 7,600 8,513 88,788 124,428 224,933 9,373 447,522 109,197 63,478 15,010 80,010 3,522 12,814 6,770 290,801 (735,589) 37,688 2021	$ 748,534 (746,836) 1,698 2020	$ 748,534 (746,836) 1,698 2020
	3,795 7,767
	11,562 116,992 185,890 147,760 7,686
	458,328 52,448 21,970 10,295 142,137 13,903 15,852 9,094
	265,699
				1,698

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