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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|7|
|Report ofthe Independent
Auditors|8|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet||||
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||13||
|Notes to the Financial Statements|14|to|21|
|Detailed Statement of Financial Activities||22||
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|funds
f|funds
6|funds
6|funds
E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||||||56|
|Charitable
activities|||||||
|International
projects|||58,163|944,872|1,003,035|381,450|
|Total|||58,163|944,872|1,003,035|381,508|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|International
projects|||28,989|953,682|982,671|431,963|
|NET INCOME/(EXPENDITURE)
Transfers
between
funds||15|29,174
~4,680)|(8,810)
4,680|20,364|(50,457)|
|Net movement
in funds|||24,494|(4,130)|20,364|(50,457)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds
brought
forward|||13,342|4,134|17,476|67,933|
|TOTAL FUNDS CARRIED FORWARD|||37,836||37,840|17,476|
|||2022|2021|
|---|---|---|---|
||Notes|6|E|
|FIXEDASSETS||||
|Tangible assets||346|586|
|CURRENT ASSETS||||
|Debtors|12||3,018|
|Cash at bank and in hand||74,365|361,350|
|||74,365|364,368|
|CREDITORS||||
|Amounts
falling due within one year|13|(36,871)|(347,478)|
|NET CURRENT ASSETS||37,494|16,890|
|TOTAL ASSETSLESSCURRENT LIABILITIES||37,840|17,476|
|NET ASSETS||37,840|17,476|
|FUNDS|15|||
|Unrestricted
funds||37,836|13,342|
|Restricted
funds||4|4,134|
|TOTAL FUNDS||37,840|17,476|
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|6|5|
|Cash flows from operating
activities
Cash generated
from operations|||L289,996633)|~360,338)|
|Net cash used
in operating|activities||(289,963)|L350,333388)|
|Cash flows from investing
activities
Purchase oftangible
fixed assets||||~725)|
|Net cash provided
by/(used|in) investing|activities||~725)|
|Change
in cash and cash
the reporting
period|equivalents|in|(289,963)|(361,063)|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period||361,350|726,517|
|Change
in cash and cash equivalents
to exchange rate movements||due|2,978|~4,104)|
|Cash and cash equivalents
the reporting
period|at the end|of|74,365|361,350|
##
|RECONCILIATION
OF NET INCOME/(EXPENDITURE)|RECONCILIATION
OF NET INCOME/(EXPENDITURE)|RECONCILIATION
OF NET INCOME/(EXPENDITURE)|TO NET CASH|FLOW FROM OPERATING||
|---|---|---|---|---|---|
|ACTIVITIES||||||
|||||2022|2021|
|||||6|6|
|Net income/(expenditure)|for the reporting|period (as|per the|||
|Statement of Financial|Activities)|||20,364|(50,457)|
|Adjustments
for:||||||
|Depreciation
charges||||240|139|
|Foreign exchange
rate differences||||(2,978)|4,104|
|Decrease
in debtors||||3,018|13,867|
|Decrease
in creditors||||L310,607)|~328,011)|
|Net cash used in operations||||(289,963)|(360,338)|
##
|AN|ALYSIS OF CHANGES
IN N|ET FUNDS||||
|---|---|---|---|---|---|
|||||Foreign||
|||||exchange||
|||At 1.1.22|Cash flow|movements|At 31.12.22|
|||f|5|6|6|
|Net|cash|||||
|Cash at bank||||||
|and|in hand|361,350|~289,963)|2,978|74,365|
|||361,350|f289,963)|2,978|74,365|
|Total||361,350|(289,963)|2,978|74,365|
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|CHARITABL|E|ACTIVITIES COS|TS|||||
|---|---|---|---|---|---|---|---|
|||||Grant||||
|||||funding|of|||
|||||activities||Support||
||||Direct|(see note||costs (see||
||||Costs
f|5)f||note 6)
F|Totals
f|
|International|projects||257,636|688,391||36,644|982,671|
|GRANTS PAYABLE||||||||
|||||||2022f|2021f|
|International|projects|||||688,391|191,827|
|The total grants||paid to institutions|during the year was as follows:|||||
|||||||2022f|2021f|
|Local partner|NGO and sub-grant||partners|||688,391|191,827|
##
##
|||||||Governance||
|---|---|---|---|---|---|---|---|
|||||Management
F|Finance
f|costs
f|Totals
f|
|International||projects||2,326|2,601|31,717|36,644|
|Support|costs, included||in the above, are as|follows:||||
|||||||2022|2021|
|||||||International|Total|
|||||||projects
f|activities
f|
|Sundries||||||1,457|1,756|
|Office expenses and equipment||||||630|721|
|Depreciation||oftangible|and hentage assets|||239|139|
|Bank charges||||||2,601|1,399|
|Auditors'|remuneration|||||25,861|5,924|
|Trustee|meeting expenses|||||186||
|Professional||fees||||5,670|4,536|
|||||||36,644|14,475|
##
##
|||2022|2021|
|---|---|---|---|
|||E|6|
|PBUK Audit||7,200|5,040|
|Non UK auditors||18,661|884|
|Depreciation|-owned assets|240|139|
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|STAFF COSTS|||||
|---|---|---|---|---|
||||2022
6|2021f|
|Wages and salaries
Social security costs|||105,166
6,429|101,261
6,319|
|Other pension costs|||5,521|4,787|
||||117,116|112,367|
|The average
monthly|number ofemployees|during the year was as follows:|||
||||2022|2021|
|Administration
staff|||2|2|
|Management
staff|||1|1|
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||E|6|F|
|INCOME AND ENDOWMENTS||FROM||||
|Donations|and legacies||56||56|
|Charitable|activities|||||
|International|projects||17,971|363,479|381,450|
|Total|||18,027|363,479|381,506|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|International|projects||71,528|360,435|431,963|
##
|10.|COMPARATIVES
FOR|COMPARATIVES
FOR|THE STATEMENT OF FINANCIAL ACTIVITIES - continued|THE STATEMENT OF FINANCIAL ACTIVITIES - continued|THE STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||E|E|E|
||NET INCOME/(EXPENDITURE)
Transfers
between funds||||(53,501)
~634)|3,044
634|(50,457)|
||Net movement
in funds||||(54,135)|3,678|(50,457)|
||RECONCILIATION
OF FUNDS|||||||
||Total funds brought
forward||||67,477|456|67,933|
||TOTAL FUNDS CARRIED|||FORWARD|13,342|4,134|17,476|
|11.|TANGIBLE FIXEDASSETS|||||||
||||||||Computer|
||||||||equipment
f|
||COST|||||||
||At 1 January 2022 and|31||December 2022|||725|
||DEPRECIATION|||||||
||At 1 January 2022||||||139|
||Charge for year||||||240|
||At 31 December 2022||||||379|
||NET BOOK VALUE|||||||
||At 31 December 2022||||||346|
||At 31 December 2021||||||586|
|12.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2022|2021|
|||||||6|F|
||Prepayments
and accrued|||income|||3,018|
|13.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||2022|2021|
|||||||E|F|
||Trade creditors|||||3,433|2,090|
||Accruals and deferred|income||||33,438|345,388|
|||||||36,871|347,478|
##
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##
|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|Total|Total|
||||||funds
8||funds
8|funds
6|funds
f|
|Fixed assets||||||346||346|586|
|Current assets|||||42,641||31,724|74,365|364,368|
|Current
liabilities|||||(5,151)||(31,720)|(36,871)|(347,478)|
||||||37,836|||37,840|17,476|
|MOVEMENT|IN||FUNDS|||||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 1.1.22||in funds|funds|31.12.22|
||||||F||f||8|
|Unrestricted|funds|||||||||
|General
fund|||||13,342||29,174|(4,680)|37,836|
|Restricted funds||||||||||
|Creating
culture|||ofPeace in the||North|||||
|Caucasus|||||4,134||(8,440)|4,310||
|EC - Human
Engagement|Rights Community||||||~370)|370||
||||||4,134||J8,810)|4,680||
|TOTAL FUNDS|||||17,476||20,364||37,840|
|Net movement||in funds,||included
in the above are as follows:||||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||6|8|6|
|Unrestricted|funds|||||||||
|General
fund|||||||58,163|(28,989)|29,174|
|Restricted
funds||||||||||
|Creating
culture||ofPeace in the|||North|||||
|Caucasus|||||||129,861|(138,301)|(8,440)|
|EC —Human|Rights Community|||||||||
|Engagement|||||||2,179|(2,549)|(370)|
|EC - Supporting|||Human|Rights|in Russia||812,832|(812,832)||
||||||||944,872|(953,682)|(8,810)|
|TOTAL FUNDS|||||||1,003,035|~982,671)|20,364|
##
##
##
|Comparatives|for|for|movement|movement|movement|in funds|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Net|Transfers||
|||||||||movement|between|At|
||||||||At 1.1.21|in funds
f|funds
f|31.12.21
6|
|Unrestricted
funds|||||||||||
|General
fund|||||||57,477|(53,501)|9,366|13,342|
|Designated
fund||for foreign|||exchange||||||
|movement|||||||10,000||(I0,000)||
||||||||67,477|(53,501)|(634)|13,342|
|Restricted funds|||||||||||
|Young Women's||Development||||Group|456|(1,051)|595||
|Creating
culture|of||Peace in the North||||||||
|Caucasus
Denal||||||||4,134
~39)|39|4,134|
||||||||456|3,044|634|4,134|
|TOTAL FUNDS|||||||67,933|~50,457)||17,476|
|Comparative
net||movement|||in funds, included||in the above are as follows:||||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|||||||||6||6|
|Unrestricted
funds|||||||||||
|General
fund||||||||18,028|(71,529)|(53,501)|
|Restricted
funds|||||||||||
|Young Women's||Development||||Group||85,001|(86,052)|(1,051)|
|Creating
culture|ofPeace in the North||||||||||
|Caucasus||||||||7,254|(3,120)|4,134|
|EC - Supporting|Human|||Rights||in Russia||256,740|(256,740)||
|EC —Human
Rights|||Community||||||||
|Engagement
Denal||||||||10,333
4,150|(10,333)
~4, 189)|~39)|
|||||||||363,478|(360,434)|3,044|
|TOTAL FUNDS||||||||381,506|~431,963)|~50,457)|
|Transfers
between|||funds||||||||
##
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##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestdicted|Restdicted|Total|Total|
|||funds
f|funds
6|fundsf|funds
6|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Donations|||||56|
|Charitable
activities||||||
|Project income||58,163|944,872|1,003,035|381,450|
|Total incoming
resources||58,163|944,872|1,003,035|381,506|
|EXPENDITURE||||||
|Charitable
activities||||||
|Wages
Social security||9,768
2,511|95,398
3,918|105,166
6,429|101,261
6,319|
|Pensions||1,325|4,196|5,521|4,787|
|Insurance||894||894|708|
|Office expenses
and equipment||3,801|4,396|8,197|9,961|
|Bank charges|||63|63|118|
|(Gain)/loss
on foreign exchange||(2,978)||(2,978)|4,104|
|Project travel etc||49|22,676|22,725|3,642|
|Project consultancy
fees
Project training etc||227|76,867
3,399|77,094
3,399|48,271
4,976|
|Project support costs|||25,261|25,261|4,281|
|Project service costs|||5,865|5,865|37,233|
|Grants to institutions|||688,391|688,391|191,827|
|||15,597|930,430|946,027|417,488|
|Support costs||||||
|Management||||||
|Sundries||1,428|29|1,457|1,756|
|Office expenses
and equipment||630||630|721|
|Depreciation
ofcomputer|equip|239||239|139|
|||2,297|29|2,326|2,616|
|Finance||||||
|Bank charges||254|2,347|2,601|1,399|
|Governance
costs||||||
|Auditors'
remuneration||7,200|18,661|25,861|5,924|
|Trustee meeting
expenses||186||186||
|Professional
fees||3,455|2,215|5,670|4,536|
|||10,841|20,876|31,717|10,460|
|Total resources expended||28,989|953,682|982,671|431,963|
|Net (expenditure)/income||29,174|~8,810)|20,364|~50,457)|