IDRB
REGISTERED CHARITY NO. 1101170
COMPANY NO. 03862575
REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31ST DECEMBER 2024

IDRB
REPORT OF THE DIRECTORS AND TRUSTEES
REGISTERED OFFICE..
Intemational House. 12 constan￿ Street, London, E16 2DQ
Office 426. Regus 4th Floor, The Pinnade, Station Way, Crawley,
RH10 1JH
PRINCIPAL ADDRESS.
DIRECTORS AND TRUSTEES
M Rogers
E Roberts (Appointed 13 January 2025)
S Helms
M Maxson
D Swibold
COMPANY SECRETARY
M Rogers
SOLICITORS
Welle¢s
Tenison House
Tweedy Road
Bromley. BR13NF
INDEPENDENT AUDITORS
Moore Kingston Smith LLP
Betchworth House
57-65 Station Road
Redhill
Surrey. RH1 10L
BANKERS
National Westminster Bank PIC
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 151h Oclober 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 govemed under its Artides of Association. The trustees of the charitable
company are ils Irustees for the purposes of charity law.
The trustees and trustees submit their annual report and the audited financial statements of the company for the year
ended 31st December 2024.

IDRB
REPORT OF THE DIRECTORS AND TRUSTEES (continued)
GOVERNANCE
The company is regulated by the Companies Act 2006 and by its Mernorandum and Articles of Association.
IDRB is governed by a Board of Trustees. Trustees are appointed through ordinary resolution of the existing
Board of trustees. The Board of Trustees hold final authority wthin the organisation vAth the Treasurer, McKenzie
Rogers, responsible for the day-to-day managemenl of the charity. Couniry Trustees. Chief Representalives and
Principal 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 ne￿OrkS. All applicants are assessed
based on.. education and work experience,. passion for, and commitment to, the charity's mission- and ability to
devote the lime required for successful governance of the charity.
The Board's skills base is reviewed regulady to idenlify recruitment and Iraining needs lo ensure effective
governance. Regular Board meetings are also used to identify areas where training would improve the
performance oflhe Board.
Trustees
IDRB is a company limited by guarantee and not having share capital. The trustees therefore do nol 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 $90.000 is an adequate level of reserrfes. Should reserves fall out of line, Ihe truslees
would take steps to either increase fundraising or spend funds on suitable projects. The policy is reviewed
annually by trustees and regulady monitored by the treasurer.
As at 31 December 2024. the amount of Ihese reserves in the Charity's unrestricted funds amounled to $145,270
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 ￿rtain pertinent areas where the charity should and has taken sleps lo miligate the
risks.
PUBLIC BENEFIT
The trustees confimi 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 guidan￿ on Public Benefit induding the guidan￿ '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.

IDRB
REPORT OF THE DIRECTORS AND TRUSTEES (continued)
FINANCIAL REVIEW
In 2024, IDRB re￿iVed a total income of $276,086 (2023: $662,675). Totsl funds at the year end were
$145,270 (2023.. $163,478).
The level of income in 2024 was lower than 2023, with also lower expenditure, however resulting in a deficit for the year
of $18,20812023= surplus $29,623).
OBJECTIVES
IDRB is commitled to expressing compassion towards underprivileged individuals by offering health care,
educational aid, and initiating projects for community upliftment. We are devoted to executing our duties with
precision, honesty, modesty, and kindness. Every member of our staff. our methods of funding, and collaborative
engagements are selected in alignmenl with these core values and objectives. We are dedicated lo identifying
and seizing opporlunities lo assist the impoverished and forlify families in the wodd's mosl needy regions. Our
mission is deemed accomplished when these individuals and communities are empowered to self-sustain and
improve the quality of life for themselves and their neighbours. We envision a world where sustainable
development is realized throuqh enabling others.
Our foundational principles indude..
Human Resources- We allocate human reSoUr￿S effectively to foster sustainable growih.
Empowerment- Our focus is on enabling and equipping individuals and communities to address
and overcome their explicit and implicit challenges.
Partnership - We engage in meaningful and accountable collaborations with intemational bodies,
governmental instilutions, and local communities, promoting solutions rooted in community
parlicipalion for enduring development.
Integrity without Bias- Our operations are guided by unwavering integrity. impartial to elhnicify,
gender, religion, or nationality-
FUNDING
The organisation never solicils funds from countries in which IDRB is working. All funding for projecls, programs,
and maintenance of personnel comes from extemal sources. including associated charitable networks.

## **IDRB REPORT OF THE DIRECTORS AND TRUSTEES (continued)** 

## **JORDAN** 

Due to instability and continued conflict in Yemen, our aid work to the Yemeni is governed by our office in Jordan. In 2024, our local partners continued their humanitarian mission across the northern governorates of Yemen, with operations focused in Sana'a, Hajja, and Mahweet. Despite significant challenges due to conflict, restricted access, and economic deterioration, we delivered essential support to 230 households benefitting over 1,600 individuals experiencing acute food insecurity and limited access to basic services. Each distribution included food baskets with essential commodities (e.g., flour, legumes, oil, and salt) to meet household nutritional needs for one month. 

We also conducted a Community Development Training in Jordan with Yemeni partners to strengthen local NGO capacity in community mobilization, needs assessment, and sustainable project design. This investment has directly contributed to stronger field coordination and more responsive community-level programming. 

We also implemented an education-focused initiative aimed at supporting children affected by prolonged displacement and poverty. The project successfully provided basic school supplies—including notebooks, pens, backpacks, and hygiene kits—to more than 200 elementary school students across the targeted communities in Sana'a. 

In 2025, we aim to: scale up food security programs to include additional at-risk communities; train new local volunteers and field agents; and advocate for safer humanitarian access and improved coordination with local authorities. 

## **DJIBOUTI** 

Representatives of IDRB – Djibouti, in cooperation with Djibouti's Ministry of Agriculture and Veterinary Services and the community animal health workers of Tadjourah, carried out 93 days of veterinary consultations in the Djibouti countryside. We treated a total of 56,118 animals. From January to December, we provided animal health assistance to 500 households in the Tadjourah district. We also participated alongside members of the Ministry of Agriculture to provide transport and manpower to carry out vaccination campaign against PPR (Goat Plague). In 2024, 8,685 animals were vaccinated. 

Our educational pursuits included teaming up with a local community association in the Fiqa neighborhood of Tadjourah to teach Afar literacy to men. The children in the area also benefited from after-school tutoring. 

In the year of 2024, we were able to succeed at each of its goals. We are particularly glad to have been able to facilitate 86% more veterinary field clinics than we hoped for. We firmly believe, and have witnessed, that the human health of any given region is inextricably linked to the health of their herds. That being the case, by doing an additional 43 clinics, we are contributing the human health of 43 additional villages; we see this as a huge success. We hosted an American veterinarian in February of 2024 who was able to provide advanced treatment and fieldtraining to our Djiboutian employees, however we were unable to recruit a second veterinarian to assist us in the fall. With some support/training/consultation from IDRB employees, a fellow organization, L.I.F.E., has been able to start a robust animal health project in the Arta region of Djibouti, which is being well received by their community as well as the local and federal government. 

In 2025 we have been invited to join the Ministry of Agriculture to provide animal care in the community of Obock. We hope to welcome at least one experienced American veterinarian who will expertly assess the needs of the herds in this region and help local technicians provide treatment to around 250-300 animals. 

We also have plans to work in partnership with small business owners in the tourism sector to begin increasing the visibility of ecological and cultural tourist encampments for sustainable and community-oriented tourism. 

- 4 - 



## **IDRB REPORT OF THE DIRECTORS AND TRUSTEES (continued)** 

## **HORN & EAST AFRICA** 

This office serves as an administrative and oversight office. Its aims for 2024 were as follows: 

- Monitoring and evaluating IDRB projects 

- Promoting of quality standards 

- Building organizational capacity to enhance IDRB’s capabilities to perform specific activities. 

- Coordinating partnerships in international development 

- Aiding in developing and implementing IDRB-approved strategies 

- Assisting in procuring funding from donors for approved projects. 

Our objectives for 2025 remain the same as in 2024; to provide support and play an advisory role for the impetus of new projects and accountability over the execution of existing plans. 

## **ETHIOPIA** 

In 2024 we were able to complete 2 community solar well installation projects in Robit and Tenta Woreda, respectively. These solar wells bring many benefits to their communities such as: a practical cost savings, improvement to agricultural productivity, access to clean, reliable water sources even during dry seasons which boost income and improve food security and reduce the impact to the environmental. They contribute to a sustainable energy transition and overall enhance community health and well-being. These projects are estimated to have benefitted 26,100 residents. 

The Daryeel Project was signed on April 2, 2024, between the Somali Regional State Regional Bureau of Health, Regional Bureau of Finance, and IDRB. The project will improve patient access to relevant patient information and assist the Regional Health Bureau (Region 5) in providing up to date community health needs data and diagnosis of communicable infectious diseases. Implementation of this project has been delayed due to customs clearance of imported medical supplies and extensive verification of medical credentials for the project director. 

For 2025, our plans include: investigating future opportunities for new windmill/solar projects in the Central Gondar Zone; working with the Tenta Woreda and South Wollo Zone to identify potential future water projects; signing the Darasalaam Sand Dam Project with construction to begin in the first; and implementing Phase 1 of the Daryeel Project Improving Access to Health. 

- 5 - 



IDRB
REPORT OF THE DIRECTORS AND TRUSTEES (continued)
TRUSTEE'S RESPONSIBILITIES
The trustees are responsible for preparing the Trustee's Report and the finanaal statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting Practice).
Company law requires the trustees to prepare finanaal statements for each financial year, which under company law
the trustees must nol approve the financial statements unless they are satisfied that they give a true and fair view of
the state of affairs of the charitable company and the incoming reSoUr￿S and application of resources, including
income and expenditure, of the charitable company for that period. In preparing these financial statements. the
trustees are required to'.-
a) Select suitable accounting poliryes and the apply them consistently-
b) Observe the methods and principles in the Charities SORP-
c) Make judgements and estimates that are reasonable and prudent-
d) State whether applicable UK accounting standards including FRS 102 have been followed, subjecl to
any material departures disclosed and explained in the financial ststements.,
e) State whether a statement of Recommended Practice (SORP) applies and has been followed, subject to
any material departures disclosed and explained in the financial statements., and
Prepare on the going concem basis unless it is in appropriate to presume that the company will
conlinue in business.
The trustees are responsible for keeping proper accounling records which disclose wilh reasonable accuracy at
any time the financial position of the charitable company and to enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
SMALL COMPANIES EXEMPTION
This report has been prepared with the Stalement of Recommended PraCtI￿- Accounting and Reporting by
Charities and in accordan￿ with the special provisions of Part 15 of the Companies Act 2006 relating to small
entities.
On behalf ofthe Board=
E Roberts
Trustee
Date: 06/08/2025

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 March 2025.
Responsibilities of basis of report
As the chanWs 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
I'the 2006 Act'l.
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 Ihe Charity Commission under section 145{5) {b) of the 2011 Act.
Independent Examinerfs Slatement
I have completed my examination. I confirm that no matters have corne to my attention in connection wth the examination
giving me cause to believe-
1)
2)
3)
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Acl., or
the accounts do not accord with those records- or
the accounts do nol comply with Ihe accounting ￿qu1￿MentS of section 396 of the 2006 Act other than any
requiremenl that the accounts give a 'true and fair view which is not a matter considered as part of an
independent examination- or
the accounts have not been prepared in accordan￿ wth the melhods and principles of the Statement of
Recommended Practice lor accounting and reporting by chanlies.
4)
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.
lan Matthews
For and on behalf of Moore Kingston Smith LLP
Chartered Accountants
Belchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
Date: 11 August 2025

IDRB
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST DECEMBER 2024
Unrestricted Unrestricted
Total Funds Total Funds
2024
2023
Notes
INCOME FROM
Donations
Other income
276,086
629,565
33,110
TOTAL
276,086
662,675
EXPENDITURE ON
Charitable activities
Project expenses
294,294
633,052
TOTAL
294,294
633,052
NET {EXPENDITURE)ANCOME
(18,208)
29,623
TRANSFER BETWEEN FUNDS
NET MOVEMENT IN FUNDS
(18,208)
29,623
TOTAL FUNDS BROUGHT FORWARD
163,478
133,855
TOTAL FUNDS CARRIED FORWARD
145,270
163,478

IDRB
BALANCE SHEET AS AT 31ST DECEMBER 2024
2024
2023
Notes
CURRENT ASSETS
Deblors
Cash at bank and in hand
79,144
73,704
152,848
94.772
76.039
170,811
LESS CREDITORS..
Amounts falling due within one year
7.578
7,333
NET CURRENT ASSETS
145.270
163,478
TOTAL ASSETS LESS CURRENT LIABILITIES
145.270
163,478
FUNDS OF THE CHARITY
Unrestricted funds
11
145.270
163,478
145.270
163,478
For the financial year in question the company was entided to exemption under section 477 ofthe Companies Act 2006
relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with
section 476 of the Companies Act 2006.
The directors aCknO￿edge their responsibility for complying the requirements of the Act with respect to accounting
records and for the preparation of accounts.
The financial statements have been prepared in accordan￿ with the provisions applicable to companies within Part 15
of the Companies Act 2006 relating to smaller entities.
Approved by the Board for issue on
0610812025
E Roberts
Trustee
Registered Company No. 03862575

IDRB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
STATUS OF THE CHARITABLE COMPANY
The charitable company is limited by guarantee and does not have a share capital. Every member ofthe charitable
company undertakes to contribute to the assets of the company in the event of the same being wound up during the time
thal they are a member orwthin one year aflerlhey cease to be a member, for the payment oflhe debts and liabililies of
the company contracted before they ￿aSe to be a member, such amount as may be required not exceeding £1.
The company is a registered charity and as such is exempt frorn taxes under the provisions of the Income and
Corporation Taxes Act 1988.
The charity is registered in England and Wales. the registered Offi￿ is Intemational House, 12 Constance Street, London
E16 2DQ.
ACCOUNTING POLICIES
Accountin
convention
The financial statements have been prepared in accordan￿ wth 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 regislered
charity established as a company limiled by guarantee and Iherefore has also prepared its financial statements in
accordance with the Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance
with the Financial Reporting Standards applicable in the UK and Republic of Ireland ffhe FRS 102 Charities SORP), the
Companies Act 2006 and Charities Acl 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.
Goin
Concem
The trustees have assessed whether the use of going concem is appropriate and have considered
possible events or conditions that might cast significant doubt on the ability of the charitable company to
continue as a going concem. The trustees have made this assessment for a period of at least one year from
the date of approval of the financial statemenls. In particular the trustees have considered the charilable
company's forecast and projections. After making enquiries the trustees have conduded that there is a
reasonable expectation that the charitable company has adequate reSoUr￿S to continue in operational
existence for the foreseeable future. The charitable company therefore continues to adopt the going concern
basis in preparing its financial slatemenls.
Incomin
Resources
All Monetary donations and gifts are included in full in the statement of financial activities when receivable, provided
thal there are no donor-imposed restrictions as to the timing of the related expendilure, in which case recognition is
deferred until the pre-condition ha5 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 ServI￿S which would otherwse
be purchased. An equivalenl amount is charged as expenditure. Voluntary help is not included as income.
10-

IDRB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLICIES
CONTINUED
Cash collected to which the charity is legally entitled but which has not been re￿iVed 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 Ex
ended
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 direclly. others are apportioned on an appropriale basis.
Expenditure, which is charged on an accruals basis, is allocated betsI￿n=
costs of raising funds-
expenditure on charitable aclivilies- 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 lime spent and olher 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 induded in support costs.
Irrecoverable VAT is charged against the category of resou￿$ expended for which it was incurred.
Fund Accountin
Unrestricted funds are donations and other incoming reSoUr￿S 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 managemenl and support costs.
Forei
n Exchan
Monetary assels 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
al the year end was that £1 was equivalent to $1.25 (2023.. £110 $1.27).
Financial instruments
Cash and cash equivalents
Cash and cash equivalents indude cash at banks and in hand and short term deposits wth a maturity of
three months or less.
Debtors and creditors
Debtors and creditors receivable or payable wthin one year of the reporting date are carried at their
transaction price. Debtors and creditors that are re￿1vable or payable in more than one year and not subject to
a markel rate of inlerest are measured at the p￿sent value of the expected future receipls or paymenl
discounted at a market rate of interest.
Cash flow statement
The Charity has taken the exemption available in para 7.1 B of FRS 102 and not prepared a slatement of cash flows.

IDRB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
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
significant effect on the amounts recognised in the financial slatements nor do any estimates or assumptions
made carry a significanl risk of material adjustment in the next financial year.
DEBTORS
2024
2023
Project expenses in advan
Prepayments
79,144
76,687
18,085
79.144
94,772
Project expenses in advance represents monies advanced to field operatives which have not been expended at the
balan￿ sheet date.
CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Accruals
7,578
7,333
12-

IDRB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
(continued)
TOTAL PROJECT EXPENSES
Charitable
Activities
2024
Charitsble
Activities
2023
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 other office expenses
Staff development expenses
Security
Bank charges and inlerest
Independent examiner fees
Legal and profesional fees
Loss on foreign exchange
149,576
20,627
327,780
134.855
4.458
8,808
64,645
11,270
713
6,534
22,517
1,428
1,632
7,578
12,347
7,246
294,294
63,988
20.163
8.162
9,422
23,412
10,973
38
7,333
1,508
333
633,052
EMPLOYEE INFORMATION AND KEY MANAGEMENT PERSONNEL
Aside from Ihe trustees, the charitable company had no employees. Key management personel include the Irustees of
the Charitable Company.
No trustees received any remuneration or reimbursement for any expenses during the year.
CONTROL
Throughout the year the company was under the control of its trustees.
RELATED PARTY TRANSACTIONS
There were no related party transactions in the reporting period requiring disclosure.
13-

IDRB
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
(continued)
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Funds
2024
Totsl
Funds
2024
Current assets
Current liabilities
152,848
7,578
152,848
7,578
Net assels at 31 st De￿mber 2024
145.270
145.270
General
Funds
2023
Total
Funds
2023
Currenl assets
Current liabilities
170,811
7,333
170,811
7,333
Net assets at 31 st De￿mber 2023
163.478
163.478
11. MOVEMENT IN FUNDS
At 1st
Janua
2024
Transfer
between
Funds
At31st
December
2024
Incomin
Resources
Out
oin
Resources
Unrestricted funds
General funds
163.478
276.086
294.294
145,270
Total Unrestricted Funds
163.478
276.086
(294,294)
145,270
At 1st
Janua
Transfer
between
Funds
At 31st
December
2023
Incornin
Resources
Out
oin
Resources
2023
Unrestricted funds
General funds
133,855
662,675
633,052
163,478
Total Unrestricted Funds
133.855
662.675
{633,052)
163,478
14-

IDRB
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
2023
GROSS INCOME FROM ALL SOURCES
Charitable Donations -
Benevolent project funds
Total income
276.086
662,675
276,086
662,675
TOTAL EXPENDITURE OUT OF THE
CHARITY'S INCOME FUNDS
Operating Expenses -
Bank charges and inleresl
Independent examiner fees
1.632
7.578
9,210
38
7,333
7,371
Benevolent Projects Expenses-
General and hunger relief
Strategy development
Travelling expenses
Language study
149,576
20,627
327,780
134,855
4,458
487,720
8.808
158,384
Benevolent Projects Support Expenses -
Housing expenses
Children's schooling
Telephone
Printing. stationery and other office expenses
Staff development expenses
Security
Legal and profesional fees
Loss on foreign exchange
64.645
11.270
713
6.534
22.517
1,428
12.347
7.246
126,700
63,988
20,163
8,162
9,422
23,412
10,973
1,508
333
137,961
Totsl expenditure
{294,294)
(633,052)
Surplus for the year
(18,208)
29,623
-15-