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|Contents||||
|---|---|---|---|
|L<br>al and|Administrative|Information||
|Trustees'|Re ort|||
|Inde<br>endent Auditors'||Report||
|Statement|of Financial|Activities|10|
|Balance Sheet|||12|
|Notes to|the Financial Statements||13|





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||||Year appointed|
|---|---|---|---|
|M Coyle (Chair)|||2015|
|DP Alexander|||2008|
|RAnderson|(appointed|October 2020)|2020|
|PG Chandler|(retired March 2022)||2013|
|MP Kyndt (retired March 2022)|||2012|
|YGale|||2019|
|CTalens|||2019|
|MJF Duncan|(appointed|December 2021)|2021|
|JCP Valentin|(appointed|December 2021)|2021|



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|||Note|Unrestricted|funds|Restricted funds|Total|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||2022|2022|2022|2021|
|Income from:||||||||
|Donations<br>and legacies|||217,034|||217,034|290,387|
|Charitable<br>activities|||||93,496|93,496|71,625|
|Investment<br>income||||755|||583|
|Total income||||217,789|93,496|311,285|362,595|
|Expenditure<br>on:||||||||
|Raising funds||||12,062||12,062|11,044|
|Chadtable<br>activities||5, 6||259,706|63,670|323,378|293,105|
|Total expenditure||||271,768|63,670||304,149|
|Net income / (expenditure)||||(53,979)|29,826|(24,153)|58,446|
|before transfers||||||||
|Transfers<br>between|funds|||||||
|Net income / (expenditure)||||(53,979)|29,826|(24,153)|58,446|
|Net movement<br>in|funds|||(53,979)|29,826|(24,153)|58,446|
|Reconciliation<br>of|funds:|||||||
|Total funds at 1 October||||310,239|74,033|384,272|325,826|
|Total funds at 30September||||256,260|103,859|360,119|384,272|





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|Previous Financial|Year|Unrestricted|funds|Restricted funds|Total|
|---|---|---|---|---|---|
||||||funds|
||||2021|2021|2021|
|Income from:||||||
|Donations<br>and legacies||287,374||3,013|290,387|
|Charitable<br>activities||||71,625|71,625|
|Investmsnt<br>income|||583|||
|Total income||287,957||74,638|362,595|
|Expenditure<br>on:||||||
|Raising funds|||11,044||11,044|
|Charitable<br>activities|||185,689|107,416|293,105|
|Tots Iexpenditure|||196,733|107,416|304,149|
|Net income before transfers|||91,224|(32,778)||
|Transfers between|funds|||||
|Net income|||91,224|(32,778)||
|Net movement<br>in funds|||91,224|(32,778)||
|Reconciliation<br>offunds:||||||
|Total funds at I October||219,015||106,811|325,826|
|Total funds at 30September||310,239||74,033|384,272|





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|||||Note|2022|2021|
|---|---|---|---|---|---|---|
|Current assets|||||||
|Debtors and|prepayments||||10,211|14,108|
|Cash at bank|and in|hand||12|276,800|268,511|
|Deposits with credit institutions||||13|109,265|108,573|
|Total current|assets||||396,276|391,192|
|Creditors: amounts||falling due within one year||14|(36,157)|(6,920)|
|Net current assets|||||360,119|384,272|
|Net assets|||||360,119|384,272|
|Chadtyfunds|||||||
|Restricted funds||||15, 15,17|103,859|74,033|
|Unrestricted|designated||funds|15,17|121,615|193,498|
|Unrestricted|funds|||15,17|134,645|116,741|
|Total funds|||||360,119|384,272|





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|2.INCOME FROM DONATIO|NS<br>AND LEGACIES||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
|Individuals|213,074||213,074|285,943|
|Trusts and corporate|3,960||3,960|4,444|
||217,034||217,034|290,387|



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||||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|funds|
||||||||2022|2022|2022|2021|
||||||||2|2|||
|Anonymous|-Bees|for Business: Supporting||Growth Through Solar Energy||||20,000|20,000||
|Anonymous|-Nicaragua<br>Sesame Farming|||||||||20,000|
|Charles Hayward<br>Foundation<br>- Expansion||||of Growing|Fairer Futures Rwanda|||15,000|15,000||
|Evan Cornish<br>Foundation<br>-Seed to Stall|||(ECF)|||||8,000|8,000||
|Guernsey|Overseas|Aid 8 Development|-|Bees For Business (Sideradougou)||||||22,450|
|Guernsey Overseas||Aid ft Development<br>-|Seed to Stall (GOA)|||||22,451|22,451||
|Mr TM Dickerty - Dakoro Well Construction||||||||||500|
|The Marr-Munning||Trust - Coffee Farming||Uganda||||21,500|21,500|28,675|
|The Peter|Stebbings<br>Memorial<br>Charity -||Ghana Soilless Farming|||Drip Infgation||6,545|6,545||
|||||||||93,496|93,496|71,625|



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|5.ANALYSIS OF RESO|URCES EXPENDED BYACT|URCES EXPENDED BYACT|IVITIES|IVITIES|IVITIES||||
|---|---|---|---|---|---|---|---|---|
||Activities||Grant funding|||Support|Total|Total|
||undertaken|directly||of activities||costs||2021|
|||2||||||2|
|Bees for Business Part 2 (Burkina Fasoj||||||||10,358|
|Bees for Business Sideradougou||||||||61,847|
|Coffee Farming<br>Uganda||5,414||26,492||13,016|44,922|19,011|
|Dakoro Warehouse||2,038|||500|967|3,505|2,418|
|Environmental<br>Protection and Biodiversity||34,268||||14,112|48,380||
|Growing<br>Fairer Futures||||||||7,229|
|Growing<br>Fairer Futures Cote d'Ivoire||4,296||13,993||7,401|25,690|59,756|
|Growing<br>Fairer Futures Rwanda||13,153||||5,218|18,371|27,699|
|Improving<br>Coffee Production<br>in|Peru|17,745||||7,247|24,992|46,077|
|Improving<br>Livelihoods<br>Through|Agro-processing|24,146||||9,848|33,994||
|New projects||4,564||||1,699|6,263|5,414|
|Seed to Stall ECF||3,276|||2,846|2,428|8,550||
|Seed to Stall GOA||6,567||12,433||7,655|||
|Soilless Farming - Drip Irrigation||2,836|||2,553|2,120|7,509||
|Strengthening<br>Coffee Producers Resilience to Climate Change||19,323||||7,921|27,244||
|Women<br>in Nicaragua<br>Organic Sesame Farming||5,049|||4,853|4,042|13,944|25,987|
|Women<br>in Soilless Farming Ghana||23,723||||9,634|33,357|27,309|
|||166,398||63,670||93,308|323,376|293,105|
|6.ANALYSIS OF EXPENDITURE ON CHARITABLE|||ACTIVITIES||||||
||Unrestricted|||funds|Restricted|funds|Total funds|Total|
|||||2022||2022|2022|2021|
|Bees for Business Part 2 (Burkina Faso)||||||||10,358|
|Bees for Business Sideradougou||||||||61,847|
|Coffee Farming<br>Uganda||||18,430||26,492|44,922|19,011|
|Dakoro Warehouse||||3,005||500|3,505|2,418|
|Environmental<br>Protection and Biodiversity||||48,380|||48,380||
|Growing<br>Fairer Futures||||||||7,229|
|Growing<br>Fairer Futures Cote d'Ivoire||||11,697||13,993|25,690|59,756|
|Growing<br>Fairer Futures Rwanda||||18,371|||18,371|27,699|
|Improving<br>Coffee Production<br>in|Peru|||24,992|||24,992|46,077|
|Improving<br>Livelihoods<br>Through|Agro-processing|||33,994|||||
|New projects||||6,263|||6,263|5,414|
|Seed to Stall ECF||||5,704||2,846|||
|Seed to Stall GOA||||14,222||12,433|26,655||
|Soilless Farming - Drip Irrigation||||4,956||2,553|7,509||
|Strengthening<br>Coffee Producers<br>Resilience to Climate Change||||27,244|||27,244||
|Women<br>in Nicaragua<br>Organic Sesame Farming||||9,091||4,853|13,944|25,987|
|Women<br>in Soilless Farming<br>Ghana||||33,357|||33,357|27,309|
||||259,706|||63,670|323,376|293,105|





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|||||Staff costs|Other costs|Total|Total|
|---|---|---|---|---|---|---|---|
|||||2022|2022|2022|2021|
|Expenditure<br>on:||||||||
|Raising funds||||10,738|1,324|12,062|11,044|
|Charitable<br>activities||||||||
|Bees for Business Part|2 (Burkina Fasoj||||||10,358|
|Bees for Business Sideradougou|||||||61,847|
|Coffee Farming<br>Uganda||||7,713|37,209||19,011|
|Dakoro Warehouse||||2,085|1,420||2,418|
|Environmental<br>Protection and||Biodiversity||5,467|42,913|||
|Growing<br>Fairer Futures|||||||7,229|
|Growing<br>Fairer Futures|Cote|d'Ivoire||5,715|19,975|25,690|59,756|
|Growing<br>Fairer Futures|Rwanda|||6,316|12,055|18,371|27,699|
|Improving<br>Coffee Production||in|Peru|4,144|20,848|24,992|46,077|
|Improving<br>Livelihoods|Through||Agro-processing|5,909|28,085|33,994||
|New projects||||4,564|1,699|6,263|5,415|
|Seed to Stall ECF||||2,980|5,570|8,550||
|Seed to Stall GOA||||6,656|19,999|26,655||
|Soilless Farming - Drip|Irrigation|||2,956|4,553|7,509||
|Strengthening<br>Coffee Producers||Resilience to Climate Change||3,866|23,378|27,244||
|Women<br>in Nicaragua<br>Organic||Sesame Farming||2,327|11,617|13,944|25,986|
|Women<br>in Soilless Farming Ghana||||6,667|26,690|33,357|27,309|
|||||67,365|256,011|323,376|293,105|
|||||78,103|257,335||304,149|
|8.SUPPORT COSTS||||||||
|||||||2022|2021|
|Office costs including|training|||||20,710|22,983|
|Wages and salaries||||||6,690|5,505|
|Support services provided<br>by Shared Interest Society||||||49,718|31,697|
|Marketing<br>costs||||||12,590|5,931|
|Governance costs||||||3,600|3,600|
|||||||93,308|69,716|
|9.NET INCOME|/ EXPENDITURE|||||||
|This is stated after charging:||||||||
|||||||2022|2021|
|Auditors'<br>remuneration|(audit|s|ervices)|||3,600|3,600|





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|Staff costs|Staff costs|were|as follows:|as follows:||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||2|2|
|Wages|and|salaries||||75,110|68,805|
|Social security costs||||||2,612|2,384|
|Defined|contribution|||pension costs||2,557|2,453|
|||||||80,279|73,642|
|Average|monthly||number ofemployees||(none of whom are Trustees) during the year was:|||
|||||||2022|2021|
|||||||Number|Number|
|Raising|funds|||||||
|Charitable||activities||||1|1|



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|||||||2021|
|---|---|---|---|---|---|---|
|Prepayments||||||1,933|
|Accrued|income||||9,686|6,163|
|Amounts|owed|from|group|undertakings||6,012|
||||||10,211|14,108|



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|12.CA|SH AT|BANK AND IN H|AND|||
|---|---|---|---|---|---|
||||||2021|
||||||2|
|Cash at|bank and|in hand||276,800|268,511|
|||||276,800|268,511|
|13.DEPOSITS WITH CREDIT|||INSTITUTIONS|||
|||||2022|2021|
|Deposits|repayable|in not more than three months||27|27|
|Deposits|repayable|in not more than one|year|109,238|108,546|
|||||109s285|108,573|
|14.CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
|||||2022|2021|
|Amounts|owed to|group undertakings||||
|Accruals||||8,273|6,920|
|Trade creditors||||1,899||
|||||36,157|6,920|





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|||Restricted|Unrestricted<br>and|Total|Total|
|---|---|---|---|---|---|
|||funds|designated<br>funds|funds|funds|
|||2022|2022|2022|2021|
|||2||||
|Current|assets|103,859|292,417|396,276|391,192|
|Current|liabilities||(36,157)|(36,157)|(6,920)|
|||103,859|256,260|360,119|384,272|



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|Restricted income fun|ds carried|f|orwa|rd at the end o|f the financial|year comprise:||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022||2021|
|Bees for Businesta<br>Supporting||Growth Through Sdar|||Energy||||20,000|||
|Coffee Farming<br>Uganda|||||||||15,076||20,067|
|Dakoro Warehouse|||||||||||500|
|Expansion<br>of Growing|Fairer Futures|||Rwanda|||||15,000|||
|Growing<br>Fairer Futures Cote d'Ivoire|||||||||19,961||33.954|
|Livelihood<br>Security Fund|||||||||7,336||7,336|
|Seed to Stall ECF|||||||||5,154|||
|Seed to Stall GOA|||||||||10,018|||
|Sdlless Farming - Drip Irrigation|||||||||3,992|||
|Women<br>in Nicaragua|Organic Sesame Farming||||||||7322||12,176|
|||||||||103,859|||74,033|
|17.MOVEMENT|IN FUNDS|||||||||||
|||||Balance at|Income|Expenditure|Transfer|Designation||Balance at||
|||||1 October|||between||of funds|30September||
|||||2021|||funds||||2022|
||||||||2||f||f|
|Unrestricted<br>Income|funds|||116,741|217,789|(157,511)|||(42,374)||134,645|
|Unrestricted<br>designated<br>funds||||193,498||(1 14,257)|||42,374||121,615|
|Restricted Income funds||||74,033|93,496|(63,670)|||||103,859|
|||||384,272|311,285|(335,438)|||||360,119|
|In 2021 the Trustees|designated||a further Et14,596||to three projects which are ongoing. The Trustees||||have designated||a|
|further sum of242,374at the year-end<br>for another project.||||||||||||



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