2020-12-31-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	4
Report ofthe fndependent Auditors	5	to	7
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement		10
Notes to the Cash Flow Statement
Notes to the Financial Statements	12	to	19

TRUSTEES	GLubner CEO
	EBeinart Chief Executive
	LBergman Management			Consultant
	K De Gier-Formanek		Ceo
	JJanson Managing	Director (resigned 28.11.2020)
	GW Johnson Director		(resigned 22.3.2021)
	JA Julyan Solicitor
	LM Mvelase - Julyan		Bookkeeper (resigned 19.5.2020)
	N Olsha Solicitor
	H W Sinclair Business		Development
COMPANY SECRETARY	Stonehage Fleming	Services Limited
REGISTERED OFFICE	15Suffolk Street
	London
	SW1V4HG
REGISTERED COMPANY	04769362 (England	and Wales)
NUMBER
REGISTERED CHARITY	1101556
NUMBER
AUDITORS	Grant Harrod Lerman		Davis LLP
	Chartered Accountants
	Statutory Auditors
	1stFloor
	Healthaid House
	Marlborough Hill
	Harrow
	Middlesex
	HA 1 1UD
LEGAL ADVISORS	Maitland Jk Co
	5th Floor
	44-48 Dover Street
	London
	W1S4NX
BANKERS	Barelays Bank
	68Evington Rd
	Leicester
	LE2 1HJ

				2020	2019
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies		1,443,216	670,287	2,113,503	1,715,432
Other trading actividcs		22		22
investment income		194		194	156
Total		1,443,432	670,287	2,113,719	1,715,588
EXPENDITURE ON
Charitable activities
Charitable expenditure		1,190,165	970,974	2,161,139	1,820,819
Raising funds		94,341		94,341	118,455
Total		1,284,506	970,974	2,255,480	1,939,274
NET INCOME/(EKPENDITURE)		158,926	(300,687)	(141,761)	(223,686)
Transfers between funds	10	(300,687)	300,687
Net movement in funds		(141,761)		(141,761)	(223,686)
RECONCILIATION OF FUNDS
Total funds brought forward		461,577		461,577	685,263
TOTAL FUNDS CARRIED FORWARD		319,816		319,816	461,577

					2020	2019
			Unrestricted	Restricted	Total	Total
			fimd	funds	funds	funds
		Notes	6		6
CURREN'T ASSETS
Oebtors		8	53@93		53„393	197225
Cash atbsnh			271+23		271/23	269„152
			324,616		324,616	466,377
CREIIITORS
Anmunts falfing due vdthinone	year	9	14,800&		(4,800)	(4,800)
NKT CURRENT ASSETS			319,816		319,816	461,577
TOTAI ASSETSLESS CURRENT
.LIASILffIES			319,816		319,816	461,577
NET ASSETS						461,577
FUNIIS
Unrestricted funds					319,816	461,577
TOTAL FlJNIIS					319,816	461,577

			fo	r the year ended 31	stDecember 2020
					2020	2019
				Notes		f.
Cash flows from operating	aciivities
Cash generated f'rom operations				1	1,877	(262,337)
Net cash provided by/(used	in)	operating		activities	1,877	(262,337)
Cash flows from investing	aciivities
Interest received					194	156
Net cash provided by invesmig		activities			194	156
Change in cash aad cash equivalents			in
the reporting period					2,071	(262,181)
Cash and cash equivalents	at	the
beginning ofthe reporting	period				269,152	531,333
Cash and cash equivalents	at	the end	of
the reporting period					271,223	269,152

RECONCILIATIO AC~ S	N OFN	ET E	XPENDITURE TONET CASH FLOW	FROM OPERATEV	G
				2020	2019
				f.
Net expenditure for the reporting			period (as per the Statement of
Financial Activities)				(141,761)	(223,686)
Adjustments for:
interest received				(194)	(156)
Decrease/(increase)	in debtors			143,832	(22,440)
Decrease in creditors					(16,055)
Net cash provided	by/(used	in) operations		1,877	(262,337)

ANALYSIS OF CHANGES IN NET	FUNDS
	At 1.1.20	Cash flom	At 31.12.20
Net cash
Cash at bank	269,152	2,071	271,223
	269,152	2,071	271,223
Total	269,152	2,071	271,223

2.	DONATI	ONS AND LEGACIES
			2020	2019
	Donations		2,113,503	1,715,432
3.	OTHER	TRADING ACTIVITIES
			2020	2019
	Other income		22
4.	INVESTMENT INCOME
			2020	2019
				I
	Deposit account interest		194	156
5.	CHARITABLE ACTIVITIES COSTS
				Direct
				Costs
	Charitable	expenditure		2,161,139
	Raising funds			94,341
				2,255,480

There were no trustees' expenses paid for the year ended 31 31stDecember 2019.	There were no trustees' expenses paid for the year ended 31 31stDecember 2019.	st December 20	20 nor for t	he year ende
COMPARATIVES FOR THE STATEMENT OF FINANCIAL		ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
			0	f.
INCOME	AND ENDOWMENTS FROM
Donations	and legacies	1,544,932	170,500	1,715,432
Investment	income	156		156
Total		1,545,088	170,500	1,715,588
EIIPENDITURE ON
Charitable	activities
Charitable	expenditure	1,650,319	170,500	1,820,819
	Page 14			continued. ..

		Notes to the Financial Statements - c for the year ended 31stDecember	Notes to the Financial Statements - c for the year ended 31stDecember	Notes to the Financial Statements - c for the year ended 31stDecember	Notes to the Financial Statements - c for the year ended 31stDecember	ontinued 2020
	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL				ACTIVITIES	- continued
						Unrestricted	Restricted	Total
						fund	funds	funds
						6
	Raising funds					118,455		118,455
	Total					1,768,774	170,500	1,939,274
	NKT INCOME/(EXPENDITURE)					(223,686)		(223,686)
	Transfers between	funds				542,712	(542,712)
	Net movement in funds					319,026	(542,712)	(223,686)
	RECONCILIATION		OF FUNDS
	Total funds brought	fotward				142,551	542,712	685,263
	TOTAL FUNDS CARRIED FORWARD					461,577		461,577
8.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
							2020	2019
	Prepayments and accrued income						53,393	197,225
9.	CREDITORS: AMOUNTS FALLING DUE			WITHIN ONE YEAR
							2020	2019
	Accrued expenses						4,800	4,800
10.	MOVEMENT IN FUNDS
						Net	Transfers
					movement		between	At
				At 1.1.20		in funds	funds	31.12.20
						f,
	Unrestricted funds
	General fund			461,577		158,926	(300,687)	319,816
	Restricted funds
	Agripreneurship					(7,912)	7,912
	Libraries					(69,096)	69,096
	Covid-19 Emergency					(2,019)	2,019
	Core				(286,771)		286,771
	Technology Transforms		Lives			65,111	(65,111)
					(300,687)		300,687
	TOTAL FUNDS			461,577	(141,761)			319,816

			Incoming	Resources	Movement
			resources	expended	in funds
				8
Unrestricted	funds
General fund			1,443,432	(1,284,506)	158,926
Restricted funds
Agripreneur	ship		43,480	(51,392)	(7,912)
Libraries			67,539	(136,635)	(69,096)
360Services			25,000	(25,000)
Covid-19 Emergency			395,351	(397,370)	(2,019)
Core			30,766	(317,537)	(286,771)
Technology	Transforms	Lives	108,151	(43,040)	65,111
			670,287	(970,974)	(300,687)
TOTAL FUNDS			2,113,719	(2,255,480)	(141,761)

			Net	Transfers
			movement	between	At
		At 1.1.19	in funds	funds	31.12.19
				6	8
Unrestricted	funds
General fund		142,551	(223,686)	542,712	461,577
Restricted funds
All Sites		522,081		(522,081)
Other - Icon		20,631		(20,631)
		542,712		(542,712)
TOTAL FUNDS		685,263	(223,686)		461,577

		Incoming	Resources	Movement
		resources	expended	in funds
		6
Unrestricted	funds
General fund		1,545,088	(1,768,774)	(223,686)
Restricted funds
ICT Centres		88,000	(88,000)
Agripreneurship		17,500	(17,500)
Libraries		40,000	(40,000)
360Services		25,000	(25,000)
		170,500	(170,500)
TOTAL FUNDS		1,715,588	(1,939,274)	(223,686)

				Net	Transfers
				movement	between	At
			At 1.1.19	in funds	funds	31.12.20
			6
Unrestricted	funds
General fund			142,551	(64,760)	242,025	319,816
Restricted funds
All Sites			522,081		(522,081)
Other - Icon			20,631		(20,631)
Agripreneurship				(7,912)	7,912
Libraries				(69,096)	69,096
Covid-19 Emergency				(2,019)	2,019
Core				(286,771)	286,771
Technology	Transforms	Lives		65,111	(65,111)
			542,712	(300,687)	(242,025)
TOTAL FUNDS			685,263	(365,447)		319,816

			Incoming	Resources	Movement
			resources	expended	in funds
				6
Unrestricted	funds
General fund			2,988,520	(3,053,280)	(64,760)
Restricted funds
ICT Centres			88,000	(88,000)
Agripreneurship			60,980	(68,892)	(7,912)
Libraries			107,539	(176,635)	(69,096)
360Services			50,000	(50,000)
Covid-19 Emergency			395,351	(397,370)	(2,019)
Core			30,766	(317,537)	(286,771)
Technology	Transforms	Lives	108,151	(43,040)	65,111
			840,787	(1,141,474)	(300,687)
TOTAL FUNDS			3,829,307	(4,194,754)	(365,447)