| Contents | |
|---|---|
| AdminisirativeDetails...... | ...........2 |
| Trustees'AnnualReport | ............9 |
| StatementofTrustees'responsibilities............... | .............16 |
| lndependent Auditot'sReport tothe MembersandTrusteesofThe lnnocent Foundation.-.......17 | |
| Statement offinancial activities (includingincomeand experditure account)for theyear ended | |
| 3OJune2o21........... | .......--.-..-.-21 |
| Balancesheet.......... | .22 |
| StatementofCashF1ows.......... | ..-................29 |
| Notes to thefinancial statementsat3OJune2021........... | ...................24 |
The Innocent Foundation (a company limited by guarantee) Registered No. 05054312 Charity No. 1104289
Janette Joyce Senior Statutory Auditor For and on behalf of Crowe U.K. LLP Statutory Auditor
Reading
30 November 2021
20
| Yearended | Yearended | ||
|---|---|---|---|
| 30June | 30 June | ||
| Notes | 2021f | 2020t | |
| lncomingresources | |||
| DonationsandLegacies | 2 | 949,640 | 950,147 |
| lncome from lnvestments | 3 | 215 | 4,742 |
| Other income | 4 | 50.000 | 50.000 |
| Totalincome | 999.85s | 1.004.889 | |
| Resourcesexpended | |||
| ExpenditureonCharitable Activities | 5,7 | (1.581,554) | (1.431.987) |
| Totalexpenditure | (1.581.5s4) | (1.431.987) | |
| Netmovementinfunds | (581,699) | (427,098) | |
| Fundsbroughtforward | 3.002,748 | 3.429.846 | |
| Fundscaniedfonrard | 2AUA49 | to02J4E |
| alance sheet | |||
|---|---|---|---|
| Asat | Asal | ||
| 30June | 30June | ||
| Noles | 2021 f |
2020 f |
|
| Current assets | |||
| Debtors | 9 | 16,335 | 0 |
| Cash at bank | 11 | 2.415.169 | 3.055.016 |
| 2,431,504 | 3,055,016 | ||
| Creditorc:amounts falling due withinone | 10 | (10.4s51 | (.52.2681 |
| year | |||
| llletcurrent assets | 2.4?l-94,9 | _i.ogP.zaa | |
| Represented by: Reserves-unres[ictedfunds |
2J21&49 | 3,9o2rj8 |
| tatementofCash Flows | |||
|---|---|---|---|
| Yearended 3OJune 2421 |
Year ended 30 June 2020 |
||
| /Vofes | t, | ||
| Casfigenerated/(used) byoperatingadiviti* | (6/10,062)(385,193) | ||
| Cashflowsfrominv*tingactivities | |||
| lnterest income | 215 | 4.742 | |
| Cashprovidedbyinv*tingactivities | 215 | 4,742 | |
| lncreaseI(decrease)in cash andcash equivalents | (639.847) | (380.451) | |
| inthe year | |||
| Cashandcash equivalentsatthe beginningofthe | 3.055,016 | 3,435.467 | |
| year | |||
| Totalcash and cash equivalentsatthe endofthe | 3415J169_ | _3055010 | |
| year | |||
| Reconciliation ofcashflows from operating | |||
| activities | |||
| Net incorneforthereportingperid | (581,699) | (427,098) | |
| Adjusfrnents for: | |||
| lnvesfrnent income | (215) | {4,742) | |
| lncrease/(decrease)increditors | (58..148) | 46.647 | |
| NetCashptovlded by operatingactivttis | (640.062) | (385.1s3) |
singthe effective interestmethod. |
||
|---|---|---|
| 2. Donations |
Yearended SAJune 2A2l EE |
Yearended S0June 2020 |
| Unrestricted | ||
| lnnocentLtd Other |
950,000950,000 -360 147 |
|
| -9rt9:0r10 | -95fi42 | |
| . lncomefromlnvestments |
||
| Yearended | Yearended | |
| 3OJune | 30June | |
| 2021 2 |
2024 f |
|
| Unrestricted | ||
| Other | 215 | 4.742 |
| _ll5 | __4J!2 |
| . Other income |
|||
|---|---|---|---|
| Yearended | Yearended | ||
| 30June | 30June | ||
| 2021 e |
2024 t |
||
| Unresticted | |||
| Licenceleepaid by lnnocentLtd | 50.000 | 50.000 | |
| . Grant makingcosts |
____50n00 | ___50.000 | |
| Yearended | Yearended | ||
| 30June | 30June | ||
| 2021 E |
2020 f |
||
| Restricteddonatians | |||
| AceAfrica(Kenya) | 12,710 | ||
| AfriFarms(Kenya) | 35,571 | ||
| Aga Khan Foundation(Madagascar) | 44,682 | ||
| ALIMA (DemocraticRepublic oftheCongo) | 218,28;- | 249,528 | |
| BlueVentures(Madagacar) | 15,505 | ||
| Concern Worldwide(Kenya) | 57,898 | ||
| Concern Worldwide(Ethiopia-COVID-19) | 90,000 | ||
| Feedback Madagascar (Madagasca$ | 23,394 | ||
| Feedback Madagascar(Madagascar-COVID-19) | 89,953 | ||
| Kickstart International(Kenya) | 26,5M- | 51,538 | |
| Kickstart lnternational(Rwanda) | 15,726 | ||
| Kickstart lnternationallxenya,Matawi, Mozambique, Nigeria, Flwanda,South Sudan, Uganda, Zambia) |
70,000 | ||
| MicroloanFoundation(Malawi) | 37,703 | ||
| MyAgro(Senegal) | 66,666 | 33,353 | |
| Oxfam(Bangladesh-COVID-19) | 90,001 | ||
| PracticalAction(Matawi) | 42,54; | 25,000 | |
| RenewableWorld {Nepali Semilla Nueva(Guatemala) |
39,101 30,000 |
36,477 | |
| Send aCow(Zambia) | M,392 | 92,083 | |
| Senda Cow(Rwanda,Uganda,Zambia-COVID-19) | 84,781 | ||
| Washington University(Sierra Leone) | 197,576 | ||
| Unrestricted donations | |||
| ActionAgainstHunger (UK-Partnership fund) | 568,000 | ||
| Senda Cow(UK-Partnership fund) | 332.000 | ||
| 1,437,535 | 1,283,479 | ||
| Grantmanagpmenfcosts 8O7odFoundation Employeestirre |
106,429 | g4,g7g |
|
| Governance Expenditure | 37.592 | 53.529 |
|
| ___L581J31 | ___L4Iil*gM |
nnocentLtd,withadeduction for arefundtolnnocentLtd from verpaymeni of 'Giveasyou earn' donationsin 2020. |
TheFoundation for an |
TheFoundation for an |
|---|---|---|
| 30June30June 2021 2A20 ft |
||
| lnnocentLtdunderpayment of 'Giveasyou earn' in2A21 | 390 | |
| Payrollreiundfrom lnnocentLtc! lnnocentLtdoverpayment of 'Giveasyouearn'in2020 |
17,147 -1.202r |
|
| ___16*?!15 |
| hecreditors balanceol810,455(2020852,268) co ayaccrual andrefundtolnnocentLtd. |
mprises the Auditor's fee accru | al, holiday |
|---|---|---|
| 30June 2021 EE |
30June 2020 |
|
| Audit{ee (includingVAT) | 5,520 | 5,070 |
| SalaryAccrual | 40,514 | |
| HolidayPay Accrual RefundtolnnocentLtd(accrued for) |
3,733 1.202 |
5,482 1.20,2 |
| _rc.45.1 | _52.269 |