OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-06-30-accounts

Reference and Administrative Reference and Administrative Details
Trustees'
Report
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Accounts

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2021/22 2021/22 2021/22 2020/21
Note f R
income and endowments f'rom:
Donation and legacies 72,912 391,926 464,838 329,269
Government Furlough
Scheme		 6,663
Investments 1,693 1,693 11
Olher 13
Total 74605 391,926 466,531
Expenditure on:
Raising funds 29,696 29,696 31,468
Charitable
activities		 14,568 404,683 419,251 288,895
Total 448,94? 320363
Net income (expenditure) before
other gains and losses 30,342 (12,758) 17,584 15,593
Other recognised
gains/(losses):
Gains/(losses) on revaluation of
currency 5,201 2,549 7,750 5,275
Net income (expenditure) for the
year 10,209 25334 10,318
Transfers
between funds		 391 391
Net Movement
In funds		 35,152 9,818 25,334 10,318
Reconciliation
offunds:
Total funds brought
forward		 332,621 200,513 533134 5
816
Total funds carried forward 367773 190695

30June 30June
Notes 2022
f		 2021f
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided
by operating
activities		 33,189 (17,461)
Cash fkwvs from investing
activtties:
Interest from investments
Gain/(Losses)
on currency
Net cash provided
from investing
activities		 1,693
7,750
9,443		 11
~5,275
(5,264)
CHANGE
IN CASH AND CASH EQUIVALENTS FOR THE YEAR		 42,632 (22,725)
Cash and cash equivahnts
brought		 forward at 1stJuly 2021, 2020 b 518,164 540,889
CASH AND CASH EQUIVALENTS CARRIED FORWARD
AT 30JUNE 2022, 2021 b 560,796 518,184
a) Reconciliation ofnet Income/(expenditure) to net cash flow from operating activies
30June 30June
2022f 2021f
Net income/(expenditure)
for the year as per the		 25,334 10,318
Statement of Financial Activities
Adjusted for:
Interest from Investments (1,693) (11)
(Gains)/hsses
on currency		 (7,750) 5,275
Depreciation 6,152 6,152
(Increase)/decrease
in debtors		 (682) (14,693)
Increase/(decrease)
in creditors
Increase/(decrease)
in gratuity		 &have provision 10,263
1,564		 (23,989)
~514
7,855 (27,779)
Net cash provided
by/(used
in) operating		 activities 33,188 ~17,4B1
b) Analysis ofcash and cash equivalents
30June 30June
2022f 2021
f,
Cash at bank and in hand 560,796 518,184

Income Analysis
Unrestricted Restricted Total Total
Donations Donations Donations Donations
2021/22 2021/22 2021/22 2020/21
f f f f
Government
Grants
FCDO (UK Aid Direct) 9,643 9,643 77,337
Grants over f50,000
Manan Trust 220,585 220,585
Sir Ernest Cassel Education Trust 116,893 116,893 77,648
Grants and Donations over f10,000 12,500 22,297 34,797 40,993
Grants and Donations under f10,000
Individuals
(inc. Gft Aid)		 43,166 7,499 50,665 83,847
Trusts &Foundations 10,387 15,009 25,396 44,690
Corporate 5,468 5,468 3,436
Schools &Universities 1,391 1,391 1,319
TOTAL GRANTS AND DONATIONS 72912 391926 464,838 329269
Previous Year Comparison
Unrestricted Restricted Total Total
Donations Donations Donations Donations
2020/21
f		 2020/21
f		 2020/21
f		 2019/20
f
Government
Grants
FCDO (UK Aid Direct)
Grants overf50,000		 77,337 77,337 70,175
Manan Trust 151,671
Sir Ernest Cassel Education Trust 77,648 73,083
Wallace Curzon Charitable Trust 52,500
Grants and Donations over f10,000 40,993 40,993 109,617
Grants and Donations under f10,000
Individuals
(inc. aft Aid)		 72,483 11,364 83,847 58,312
Trusts &Foundations 8,145 36,546 44,690 26,671
Corporate 3,436 3,436 6,806
Schools & Universities 1,319 1,319 5,195
TOTAL GRANTS AND DONATIONS 126375 202,894 329269 554,031

3) Analysis ofResources Expe nded
Total Total
2021/22 2020/21
Staff Costs 16,499 19,557
Marketing
and Communication		 Consultancy 11,385 10,981
Fundraising/Events 1,812 930
Total Raising Funds 29,696 31,468
Charitable
Activities
Direct Costs
Staff Costs 96,261 90,450
Grants to Partners 260,989 162,231
Other Staff Cost incl Travel 5,783 2,649
Monitoring
& Evaluation		 (External) 7,108 1,064
Other Expenses 20,375 1,842
Total Direct Costs 390,517 258,236
Support Costs
Staif Costs 10,732 8,620
05ceCost UK 1,253 4,072
Office Cost Nepal 8,900 9,679
Governance 1,699 2,136
Depreciation 6,152 6,152
Total Support Costs 28,735 90659
Total Charitable
Activities		 419,251
TOTAL EXPENDITURE 448,947 320,363
4) Net Incoming Resources forthe Year
This is after charging:
This is stated after charging:
2021/22 2020/21
R
Independent
Examiner and Nepal		 Audit Fees 1,436 1,710
Depreciation 6,152 6,152
Operating hase rentats —property 4,170 4,902

Staff costs were as follows:
2021/22 2020/21
Salaries and Fees —UK 38,499 35,069
Employer's Nl - UK 725
Salaries - Nepal 84,993 82,833
123,491 118,627
The average number of staff in the year was as follows:
No. No.
Staff in UK 2.0 2.0
Staff in Nepal 9.0 9.0
Total 11.0 11.0

Fixtures,
Fittings & Plant & Motor
Equipment Machinery Vehicle Total
Cost or valuation R R
At 1 July 2021 20,931 14,756 24,608 60,295
Additions
Disposals
At 30June 2022 20,931 14,756 24,608 60,295
Depreciation and impalrments
At 1 July 2021 20,931 14,756 18,456
Disposah
Depreciation 6,152 6,152
At 30June 2022 20,931 14,756 24,608 60,295
Net book value at 1stJuly 2021 6,152 6152
Net book value at 30th June 2022

Total Total
2021/22 2020/21
K
Debtors and Prepayments 2,842 403
Grant Receivable 11,557 14,745
aft Aid Qairned 5,773 4,342
20,172 19,490

s: Amounts
due within one year
Total Total
2021/22 2020/21
E
Taxation and social security 71 6
Other creditors and accruals 13,186 2,987
13.257 2,993
Amo unts
d		 ue after more than one year
Total Total
2021/22 2020/21
R
Staff Leave Provision 9,243 7,679
9,243 7,679

Unrestricted Restricted
Funds Funds Total
2021/22 2021/22 2021/22
F E
Fixed Assets
Debtors 20,172 20,172
Cash 370,101 190,695 560,796
Creditors 22,500 22,500
367,773 1S0,695 558,468

Unrestricted Restricted
Funds Funds Total
2020/21 2020/21 2020/21
Fixed Assets 6,152 6,152
Debtors 19,490 19,490
Cash 323,804 1S4,360 518,164
Creditors 10,672 10,672
332,621 200,513 533,134

Fund
B/F Incoming Outgoing Revaluation transfer C/F
Restricted funds:
Programme
funds		 192,859 391,926 (398,531) 2,471 (90) 188,635
Other funds 7,654 (6,152) 78 481 2,061
Total restricted funds 200,513 391,926 (404,683) 2,549 391 190,695
Total unrestricted funds 232,621 74,605 (44,264) 5,201 (391) 267,773
Total designated funds 100,000 100,000
Total funds 533 134 466531 448,947 7750 558468

Fund
B/F incoming Outgoing Revaluation transfiar C/F
Restricted lunds: F
Programme funds 258,584 202,894 (267,915) (20,S07) 20,203 192,859
Other funds 13,571 6,152 82 317 7,654
Total restricted funds 272,155 202,894 (274,067) (20,989) 20,520 200,513
Total unrestricted funds 150,661 133,062 (46,2S6) 15,714 (20,520) 232,621
Total designated funds 100,000 100,000
Total f'unde 522,816 335956 320,363 5,275 533,134

Unrestricted Restricted
Funds Funds Total Funds
2020/21 2020/21 2020/21
6 6
Income and endownants from
Donation and legacies 126,375 202,894 329,269
Inwsbnents 11 11
Other 13 13
Total 133,062
Expenditure
on:
Raising funds 31,488 31,468
Charitable
acttvNes		 14,828 274,067 288,895
Total 274,087 320,363
Net Income (expendtture) before
other gatns and losses 86,766 (71,173) 15,593
Other recognised gains/(losses):
Gains/(tosses)
on revaluation		 of
cuffenclj 15,714 (20,989) (5,275)
Net Income (expenditure) for the
pear 102,480 (92,162) 10,318
Transfers betwam funds (20,520) 20,520
Net Movement
In		 funds 81,960 P1,642) 10,318
Reconcght ton offunds:
Total funds brought forward 250,661 272,155 522,816
Total funds carried forward 332,621 200,513 533,134