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|Trustees|||||Ms GL Jackson|||
|---|---|---|---|---|---|---|---|
||||||Mr TA Milton|||
||||||Mr CR Knight|||
||||||Mr G Furber|||
|SECRETARY|||||Mrs PE Haigh|||
|REGISTERED OFFICE:|||||Whiteleaf Business||Centre|
||||||11 Little Balmer|||
||||||Buckingham|||
||||||Bucks|||
||||||MK18 1TF|||
|Charity Registration|||Number||1103256-England||&Wales|
||||||SC043082 - Scotland|||
|Company|Registration|||Number|04823686|||
|Bankers|||||Lloyds Bank pic|||
||||||Market Square|||
||||||Leighton
Buzzard|||
||||||Bedford shire|||
||||||LU7 IEU|||
||||||First Merchant|Bank Limited||
||||||Private Bag 158|||
||||||Mzuzu|||
||||||Malawi|||
|Independent||Auditor|||ANTHISTLE CRAVEN|||
||||||Moreton House|||
||||||31 High Street|||
||||||Buckingham|||
||||||Buckinghamshire|||
||||||MK18 1NU|||
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|Address|Trustees|||||
|---|---|---|---|---|---|
|Whiteleaf Business Centre|Gabrielle|Jackson|(Director)|Re-elected|26/02/2021|
|11 Little Balmer|Toby Milton||(Director)|Re-elected|14/02/201 9|
|Buckingham|Charles|Knight|(Director)|Elected|01/01/2016|
|Bucks|Geoffrey|Furber|(Director)|Elected|21/01/2016|
|MK18 1TF||||||
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|||||Unrestricted|Restricted||
|---|---|---|---|---|---|---|
|||||Funds|Funds|Total 2021|
|Income and Endowments||from:|Note||||
|Donations
and legacies||||123,229|768,572|891,801|
|Investment
income||||194||194|
|Total Income||||123,423|768,572|891,995|
|Expenditure
on:|||||||
|Raising funds||||-80,135||-80,135|
|Charitable
activities||||-111,259|-631,998|-743,257|
|Total Expenditure||||-191,394|-631,998|-823,392|
|Net income||||-67,971|136,574|68,603|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||73,911|136,614|210,525|
|Total funds carried|forward||19|5,940|273,188|279,128|
|||||Unrestricted|Restricted||
|||||Funds|Funds|Total 2020|
|Income and Endowments||from:|Note||f||
|Donations
and legacies||||103,771|688,152|791,923|
|Investment
income||||391||391|
|Total Income||||104,162|688,152|792,314|
|Expenditure
on:|||||||
|Raising funds||||-55,819||-55,819|
|Charitable
activities||||-110,788|-616,987|-727,775|
|Total Expenditure||||-166,607|-616,987|-783,594|
|Net (expenditure)/income||||-62,445|71,165|8,720|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||136,356|65,449|201,805|
|Total funds carried|forward||19|73,911|136,614|210,525|
||||~Ri|ia Africa||||
|---|---|---|---|---|---|---|---|
|||Re istration||number:04823686||||
|||Balance|Sheet|as at 31 Ma|2021|||
|||||Note||2021|2020|
|Fixed Assets||||||||
|Tangible Assets||||15||118,109|133,431|
|Current Assets||||||||
|Debtors||||16||3,887|8,166|
|Cash at bank and|in hand|||21||216,413|160,850|
|||||||220,300|169,016|
|Creditors: Amounts||falling due within one year||17||-59,281|-41,922|
|Creditors: Bounceback Loan||||||0|-50,000|
|Net Current Assets||||||161,019|77,094|
|Net Assets||||||279,128|210,525|
|Funds ofthe charity:||||||||
|Restricted funds||||||273,188|136,614|
|Unrestricted
income||funds||||||
|Unrestricted
funds||||||5,940|73,911|
|Total funds||||19||279,128|210,525|
||||||Note|2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E||
|Cash flows from operating||activities||||||
|Net cash income/(expenditure)||||||68,603|8,720|
|Adjustments
to cash|flows|from non-cash||items||||
|Depreciation||||||23,793|27,472|
|Investment
income||||||-194|-391|
|Loss on disposal oftangible||fixed assets||||3,242|178|
|||||||95,444|35,979|
|Working
capital adjustments||||||||
|Decrease
in debtors|||||16|4,279|9,878|
|Decrease
in creditors|||||17|-32,641|36,504|
|Net cash flows from|operating||activities|||67,082|82,361|
|Cash flows from||||||||
|investing
activities||||||||
|Interest receivable
and similar|||income||5|194|391|
|Purchase
oftangible|fixed assets||||15|-11,713|-31,684|
|Net cash flows from|investing||activities|||-11,519|-31,293|
|Net increase
in cash|and cash||equivalents||21|55,563|51,069|
|Cash and cash equivalents||at|1 June 2020||21|160,850|109,781|
|Cash and cash equivalents||at|31 May 2021||21|216,413|160,850|
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|Asset|class|Depreciation|method|and rate|
|---|---|---|---|---|
|Land|& buildings|4% straight
line|||
|Motor|vehicles|25% reducing|balance||
|Office|equipment|33%straight|line||
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||||||Unrestricted||||
|---|---|---|---|---|---|---|---|---|
||||||Funds||||
|||||||Restricted|||
||||||General|Funds|Total 2021|Total 2020|
|Donations||and|legacies;||||||
|Donations|||||97,369|344,435|441,804|484,994|
|Gift aid|reclaimed||||21,902||21,902|2,172|
|Grants,|including|||capital grants;|||||
|Grants from other||||organisations|3,958|303,740|307,698|280,034|
|Ripple Africa,|||inc.|||120,397|120,397|24,723|
||||||123,229|768,572|891,801|791,923|
|5.Investment|||income||||||
|||||||Unrestricted|||
|||||||Funds|||
|||||||General|Total 2021|Total 2020|
|Interest|receivable|||and similar income;|||||
|Interest|receivable|||on bank deposits||194|194|391|
|6.Other||income|||||||
||||||Unrestricted||||
||||||Funds||||
|||||||Restricted|||
||||||General|Funds|Total 2021|Total 2020|
||||||f||||
|Other income|||||||||
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||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||Funds|||
||||||General|Total 2021|Total 2020|
|||||Note|F||F|
|Fundraising||costs|||28,773|28,773|5,352|
|Marketing,||advertising|and website||3,131|3,131|434|
|Staff Costs|||||38,928|38,928|38,506|
|Allocated|support costs||||9,303|9,303|11,527|
||||||80,135|80,135|55,819|
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|||||Unrestricted|Funds||||
|---|---|---|---|---|---|---|---|---|
|||||||Restricted|||
|||||Designated
f|General
f|Funds
f|Total 2021
f|Total 2020
f|
|Buildings|||||2,712|31,185|33,897|28,671|
|Education|||||2,889|33,224|36,113|45,709|
|Environment|||||23,307|268,026|291,333|235,801|
|Health|||||3,239|37,248|40,487|39,827|
|Motor Expenses|||||6,167|70,925|77,092|86,767|
|Projects|||||4,143|47,642|51,785|75,748|
|Office expenses||||||||0|
|Wages and|Salaries|Malawi|||12,463|143,322|155,785|158,013|
|Bank Charges|||||37|426|463|101|
|Wages and|salaries|UK|||25,740||25,740|24,642|
|Marketing,|advertising|and website|||1,342||1,342|186|
|Travel 8 subsistence|||||-653||-653|2,741|
|Depreciation|offreehold||property|2,933|||2,933|2,933|
|Depreciation|of motor vehicles||||18,506||18,506|21,851|
|Depreciation|ofoffice equipment||||847||847|1,181|
|Depreciation|ofother|assets|||1,507||1,507|1,507|
|(Profit)/loss|on sale offixed assets||||2,378||2,378|178|
|Allocated
support costs|||||6,251||6,251|7,491|
|Governance|costs||||-2,549||-2,549|-5,572|
|||||2,933|108,326|631,998|743,257|727,775|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||Funds|||
|||Basis of||||
|||allocation|General|Total 2021|Total 2020|
|Telephone|&fax|60%ofcosts|310|310|2,619|
|Office expenses||60%ofcosts|9,066|9,066|8,480|
|Travel 8 subsistence||10%ofcosts|-73|-73|338|
|Training||50%ofcosts|0|0|90|
||||9,303|9,303|11,527|
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|Charitable|activit|ies expenditure|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||Funds|||
||||Basis of||||
||||allocation|General|Total 2021|Total 2020|
|Telephone|8 fax||40%ofcosts|206|206|1,746|
|Office expenses|||40% ofcosts|6,045|6,045|5,654|
|Training|||50%ofcosts|0|0|91|
|||||6,251|6,251|7,491|
|Governance costs|||||||
|||||Unrestricted|||
|||||Funds|||
|||||General|Total 2021|Total 2020|
|Staff costs;|||||||
|Wages and|salaries||||||
|Audit fees;|||||||
|Audit ofthe|financial statements|||3,595|3,595|2,065|
|Legal fees|||||||
|Other governance||costs||227|227|327|
|Bank Charges||||137|137|480|
|Foreign Currency||Gain/Loss||-6,508|-6,508|-8444|
|||||-2,549|-2,549|-5,572|
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|||2021f|2020f|
|---|---|---|---|
|Audit fees||3,595|2,065|
|Depreciation|offixed assets|23,793|27,472|
|Foreign currency (gains)/losses||-6,508|-8,444|
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||2021|2020|
|---|---|---|
|Staff costs during the year were:|||
|Wages and salaries|220,453|221,160|
|expressed|as full time equivalents
was as follow|s:||||
|---|---|---|---|---|---|
|||2021||2020||
|||No.||No.||
|UK Staff|||3||3|
|Malawian|Staff||137||137|
||||140||140|
##
|||||2021|2020|
|---|---|---|---|---|---|
|Audit|ofthe|financial|statements|3,595|2,065|
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||Land and|Furniture|and|Motor|Other tangible||
|---|---|---|---|---|---|---|
||buildings|equipment||vehicles|fixed assets|Total|
|||||||K|
|Cost|||||||
|At 1 June 2020|84,560||33,559|175,652|9,340|303,111|
|Additions||||11,713||11,713|
|Disposals||||-18493||-18,493|
|At 31 May 2021|84,560||33,559|168,872|9,340|296,331|
|Depreciation|||||||
|At 1 June 2020|20,535||32,715|110,103|6,327|169,680|
|Charge for the year|2,933||847|18,506|1,507|23,793|
|Elim on disposal||||-15,251||-15,251|
|At 31 May 2021|23,468||33,562|113,358|7,834|178,222|
|Net book value|||||||
|At 31 May 2021|61,092|||55,514|1,506|118,109|
|At 31 May 2020|64,025||844|65,549|3,013|133,431|
##
|16.Debtors|||
|---|---|---|
||2021|2020|
|||F|
|Other debtors|1,793|6,271|
|Prepayments|2,094|1,895|
||3,887|8,166|
|17.Creditors: amounts|17.Creditors: amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020|
|Accruals|||59,281|41,922|
|Bounceback|Loan||0|50,000|
||||59,281|91,922|
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|19.Reserve||||||||
|---|---|---|---|---|---|---|---|
||||Balance at|1 June|Incoming|Resources|Balance at|
||||2020||resources|expensed|31 May 2021|
|||||||F.|F.|
|Unrestricted|Reserve|||||||
|General||||27,314|123,423|-188,461|-37,724|
|Designated||||46,597||-2,933|43,664|
|Total Unrestricted||Reserve||73,911|123,423|-191,394|5,940|
|Restricted Reserve|||136,614||768,572|-631,998|273,188|
|Total Reserve|||210,525||891,995|-823,392|279,128|
||||Balance at|1 June|Incoming|Resources|Balance at|
||||2019||resources|expensed|31 May 2020|
||||F||F||F|
|Unrestricted|Reserve|||||||
|General||||86,826|104,162|-163,674|27,314|
|Designated||||49,530||-2,933|46,597|
|Total Unrestricted||Reserve|136,356||104,162|-166,607|73,911|
|Restricted Reserve||||65,449|688,152|-616,987|136,614|
|Total Reserve|||201,805||792,314|-783,594|210,525|
|||Unrestricted
Funds||||
|---|---|---|---|---|---|
|||||Restricted||
|||General|Designated|funds|Total funds|
|||F|F||F|
|Current|assets|69,328||150,972|220,300|
|Current|liabilities|-18,656||-40,625|-59,281|
|Total net assets||50,672||110,347|161,019|
|21.Analysis of n|et funds||||
|---|---|---|---|---|
|||Balance at 1||Balance at|
|||June 2020|Cash flow|31 May 2021|
|||||E|
|Cash at bank and|in hand|160,850|55,563|216,413|
|Net debt||160,850|55,563|216,413|
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