##
|Trustees'
Report..|||||
|---|---|---|---|---|
|Financial
Review. .|||||
|Structure, Governance|and Management.||||
|Statement ofTrustees'|Responsibilities. ..............................................................................||||
|Independent
auditor's|report tothe members ofThe Border Consortium|||Limited. .....|
|Audited
FinancialStatement
.|||||
|Statement ofFinancial|Activities. ..||||
|Balance Sheet..|||||
|Cash Flow Statement.|||||
|Accounting
Policies and Notes||to the FinancialStatements.|.||
|List ofAcronyms.. .|||||
|Reference and Administrative||Details.|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||2017|2018|2019|2020||2021|
|---|---|---|---|---|---|---|---|
|Income||595|520|511|586||1,030|
|Expenditure||684|592|510|567||730|
|Net Movement||(89)|(72)|1|19||300|
|Closing Fund balance||244|172|173|192||492|
|Restricted
funds||120|54|90|107||396|
|Designated
funds||79|73|58|58||59|
|Net fixed assets|||||1||1|
|||||||.||
|Freely available general|reserve|42|45|25|26||36|
|Liquidity
(Bank—Trade Creditors)||112|101|89|91||93|
##
|rincipal
Funding Sources:|||||
|---|---|---|---|---|
|||Donor|||
|Income Sources 2021||Currency|Amount|Thai Baht|
|Australia
ANCP (Act for Peace)|R|AUD|238,000|5,689,676|
|Australia
DFAT Thailand
(IRC)|R|AUD|1,500,000|35,859,300 .|
|Denmark
DANIDA (DanChurchAid)|U|DKK|1,225,840|5,982,099|
|Nexus-DCA|R|USD|346,576|11,166,367|
|New Zealand-MFAT|R|NZD|4,400,000|97,064,000|
|SIDA-Norwegian
Refugee Counsel|R|USD|120,000|3,787,572|
|UNOPS- LIFT Fund|R|USD|1,499,813|44,639,534|
|UNOPS- MHF|R|USD|1,011,636|33,366,909|
|UK FCDO|R|GBP|2,954,570|119,742,518|
|US BPRM (IRC)|R|USD|19,289,343|632,408,852|
|TOTAL Government
Backed||||989,706,827|
|Non Government
-Restricted||||27,339,439|
|Non Government
-Unrestricted||||12,982,961|
|TOTAL: Voluntary
Income||||1r030r029 227|
|Investment
Income||||365,231|
|Other Income - Sale ofAssets||||32,000|
|Total Income||||1,030,426,458|
|Restricted
(denoted
by R)||||1,011,064,167|
|Unrestricted||||19,362,291|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2021||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Funds||Restricted|Total|
|||||G
I|~di|td|Funds|Funds|
||||Notes|Thai Baht|Thai|Baht|Thai Baht|Thai Baht|
|Income and Endowments|||||||||
|Income from generated|funds:||||||||
|Donations
and legacies||||6,086,160|||1,011,064,167|1,017,150,327|
|investment
income||||365,231||||365,231|
|Other income||||618,187||||618,187|
|Gain on exchange
rate||||12,292,713||||12,292,713|
|Total income and Endowments||||19,362,291|||1,011,064,167|1,030,426,458|
|Expenditure
on|||||||||
|Costs ofgenerating
funds:|||||||||
|Expenditure
on raising|funds||||||17,417|17,417|
|Charitable
activities:|||||||||
|Humanitarian
Need||||4,283,973|||543,093,312|547,377,285|
|Food Security & Nutrition||||1,034,062|||28,784,653|29,818,715|
|Protective
Environment||&|||||||
|Safe Futures||||886,339|||43,313,364|44,199,703|
|Accountability
& Partnerships||||2,363,571|||106,490,259|108,853,830|
|Other expenditure
(FXLoss)||||25,629|||(25,629)||
|Total Expenditure||||8,593,574|||721,673,376|730,266,950|
|Net income/(expenditure)|||||||||
|before transfers||||10,768,717|||289,390,791|300,159,508|
|Transfers between
funds|||15|(1,241,617)|1,241,617||||
|Net movement
in funds|in||||||||
|period||||9,527,100|1,241,617||289,390,791|300,159,508|
|Reconciliation ofFunds|||||||||
|Total funds as at beginning||of|||||||
|period||||26,931,412|58,486,904||106,724,660|192,142,976|
|Total funds carried forward|||18|36,458,512|59,728,521||396,115,451|492,302,484|
||||||||2020|||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Funds|||Restricted|Total|
|||||General|~oi|td||Funds|Funds|
||||Notes|Thai Baht|Thai|Baht||Thai Baht|Thai Baht|
|Income and Endowments||||||||||
|Income from generated|funds:|||||||||
|Donations
and legacies|||2|12,339,993||||572,583,965|584,923,958|
|Investment
income|||3|645,900|||||645,900|
|Other income:|||4|600,000|||||600,000|
|Total income and Endowments||||13,585,893||||572,583,965|586,169,858|
|Expenditure
on||||||||||
|Costs ofgenerating
funds:||||||||||
|Expenditure
on raising|funds|||||||||
|Charitable
activities:||||||||||
|Humanitarian
Need|||5|927,403||||398,262,061|399,189,464|
|Food Security
gt Nutrition|||5|240,438||||29,002,662|29,243,100|
|Protective
Environment||gt||||||||
|Safe Futures|||5|171,742||||33,506,771|33,678,513|
|Accountability
gt||||||||||
|Partnerships|||5|652,617||||95,120,854|95,773,471|
|Other expenditure
(FXLoss)|||8|9,163,991|||||9,163,991|
|Total Expenditure||||11,156,191||||555,892,348|567,048,539|
|Net income/(expenditure)||||||||||
|before transfers||||2,429,702||||16,691,617|19,121,319|
|Transfers
between
funds|||15|(516,054)|516,054|||||
|Net movement
in funds|in|||||||||
|period||||1,913,648|516,054|||16,691,617|19,121,319|
|Reconciliation ofFunds||||||||||
|Total funds as at beginning||of||||||||
|period||||25,017,764|57,970,850|||90,033,043|173,021,657|
|Total funds carried forward|||18|26,931,412|58,486,904|||106,724,660|192,142,976|
##
##
|Balance Sheet|||||
|---|---|---|---|---|
|As at 31December 2021|||||
||||2021|2020|
|||Notes|Thai Baht|Thai Baht|
|Fixed assets|||||
|Tangible assets|||799,431|1,113,747|
|Current assets|||||
|Debtors|||399,890,806|102,903,634|
|Cash at banks and in hand
Total current assets|||125,958,040
525,848,846,|137,783,767
240,687,401|
|Liabilities|||||
|Creditors falling due within one year|||(32,704,330)|(47,261,884)|
|Net Current assets|||493 144r516|193r425r517|
|Total assets less current|liabilities||493 943947|194r539r264|
|Creditors falling due after|more than 1year||(1,641,463)|(2,396,288)|
|Net assets|||492,302,484|192,142,976|
|The funds ofthe charity|||||
|Restricted
income funds|||396,115,451|106,724,661|
|Unrestricted
income funds:|||||
|—General
Fund|||36,458,512|26,931,411|
|- Designated
funds|||59,728,521|58,486,904|
|Total charity funds|||492,302,484|192,142,976|
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||Thai Baht|Thai Baht|
|||||Note|||
|Cash flow from operating|activities||||||
|Net movement
in funds
in|period||||300,159,508|19,121,319|
|Investment
income||||3|(365,231)|(645,900)|
|Gain on disposal ofassets||||4|(32,000)|(600,000)|
|Depreciation
charges||||11|314,316|531,371|
|Net changes
in working
capital|||||(312,299,551)|(54,085,152)|
|Net cash provided
by (used in)||operating|activities||(12,222,958)|(35,678,362)|
|Cash flows from investing|activities||||||
|Interest received|||||365,231|645,900|
|Proceeds from sale offixed assets|||||32,000|600,000|
|Payments to Acquire tangible assets||||||(992,000)|
|Net cash provided
by investing||activities|||397r231|253r900|
|Net change in cash|||||(11,825,727)|(35,424,462)|
|Net funds as at beginning|ofthe|period|||137,783,767|173,208,229|
|Net funds as at end ofthe|period||||125,958,040|137,783,767|
##
##
||||2021|2020|
|---|---|---|---|---|
||||Thai Baht|Thai Baht|
|Increase,|in debtors||(296,987,172)|(17,785,764)|
|Decrease|in|creditors|(15,312,379)|(36,299,388)|
|Net changes||in working capital|(312,299,551)|(54,085,152)|
##
##
##
##
##
##
##
##
##
|t~ttC
t|Annual|rate|
|---|---|---|
|Office equipment||20%|
|Computers||33%|
|Vehicles||20%|
##
##
##
##
##
##
##
##
|||||||||2021||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|
||||||||Thai Baht|Thai Baht|Thai Baht|
|Voluntary|Income|||||||||
|Donations|||||||104,061||104,061|
|Grants|||||||5,982,099|1,011,064,167|1,017,046,266|
|Total Voluntary|||Income||||6,086,160|1,011,064,167|1,017,150,327|
|Total cost|ofgenerating|||voluntary||income||||
|Donors meeting|||gt Fundraising||Marketing|||(17,417)|(17,417)|
|Net voluntary||income|||||6,086,160|1,011,046,750|1,017,132,910|
|||||||2020||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||Thai Baht|Thai Baht|Thai Baht|
|Voluntary
Income||||||||
|Donations|||||129,044||129,044|
|Grants|||||12,210,634|572,583,965|584,794,599|
|Income resulting|from marketing|||||||
|events/publications|||||315||315|
|Total Voluntary|Income||||12,339,993|572,583,965|584,923,958|
|Total cost ofgenerating||voluntary||income||||
|Donors meeting|& Fundraising||Marketing|||||
|Net voluntary
income|||||12,339,993|572,583,965|584,923,958|
##
##
|.
OTHER INC|O|ME|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||Thai Baht|Thai Baht|
|Gain on disposal||offixed|assets||||32,000|600,000|
|Exchange Rate|Gain||||||12,292,713||
|Others|||||||586,187||
|Total|||||||12,910,900|600,000|
|.
CHARITABLE||ACTIVITIES EXPENDITURE|||||||
|||||||2021|||
||||||Support||Governance||
|||||Direct Cost|Cost||allocation|TOTAL COST|
|||||Thai Baht|Thai Baht||Thai Baht|Thai Baht|
|Humanitarian|Need|||545,457,056|738,616||1,181,613|547,377,285|
|Food Security|gt Nutrition|||29,428,345|178,287||212,083|29,818,715|
|ProtectiVe Environment|||IkSafe||||||
|Futures||||43,865,099|152,817||181,787|44,199,703|
|Accountability|gt Partnerships|||108,228,620|443,423||181,787|108,853,830|
|Total||||726,979,120|1,513,143||1,757,270|730,249,533|
##
|||||||2020|||
|---|---|---|---|---|---|---|---|---|
||||||Support||Governance||
|||||Direct Cost|Cost||allocation|TOTAL COST|
|||||Thai Baht|Thai Baht||Thai Baht|Thai Baht|
|Humanitarian||Need||397,922,644|223,856||1,042,964|399,189,464|
|Food Security||& Nutrition||29,006,996|58,037||178,067|29,243,100|
|Protective|Environment||&Safe||||||
|Futures||||33,509,867|41,455||127,191|33,678,513|
|Accountability||&Partnerships||95,452,842|193,439||127,190|95,773,471|
|Total||||555,892,349|516,787||1,475,412|557,884,548|
##
|.
GENERAL SUPPORT|COSTS|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Thai Baht|Thai Baht|
|Staff Related Costs||||1,059,200|402,260|
|Office Related costs (including||Rent)||151,315|25,290|
|IT Related Costs||||181,577|13,375|
|Vehicle Related Costs||||75,657|24,448|
|Travel, accommodation|and miscellaneous||costs|45,394|51,414|
|Total||||1,513,143|516,787|
##
|.
GOVERNANCE
COSTS|||
|---|---|---|
||2021|2020|
||Thai Baht|Thai Baht|
|Audit fee|1,643,241|1,460,000|
|Trustees expenses|110,768||
|Meetings|3,262|15,412|
|Total|1,757,271|1,475,412|
|.
OTHER EXPENDITURE|||
||2021|2020|
||Thai Baht|Thai Baht|
|Loss on exchange rate||9,163,991|
##
##
||||Number ofemployees|Number ofemployees|
|---|---|---|---|---|
||||2021|2020|
|Programme|and programme|support|' 48|48|
|Management|and administration||10|10|
|Total|||58|58|
||||2021|2020|
|---|---|---|---|---|
||||Thai Baht|Thai Baht|
|Salaries|||54,824,252|53,946,015|
|Housing,|Living|and Education allowances|3,416,000|2,460,282|
|Provident|fund||2,434,614|2,428,134|
|Staff Insurance|||2,804,520|3,214,527|
|Other employee||benefits|3,390,206|1,756,222|
|Social security fund|||294,140'|351,550|
|'Total|||67,163,732|64,156,730|
|The number ofemployees
whose emoluments
in the year as defined fo
over the equivalent
off60,000were as follows:|r taxation
purpose|s
amounted|
|---|---|---|
||2021|2020|
|E60,001to E70,000 (Thai Baht 2,597,329to Thai Baht 3,030,167)|2|2|
|f70001tof80000 (Thai Baht 3030210to Thai Baht 3463,048)|||
|f80001tof90000 (Thai Baht 3463,091to Thai Baht 3,895,929)|1|1|
|f90,001tof100,000 (Thai Baht 3,895,972to Thai Baht 4,328,810)|0|1|
##
##
||||2021|||
|---|---|---|---|---|---|
|||Office||||
|||Equipment|Computers|Vehicles|Total|
|||Thai Baht|Thai Baht|Thai Baht|Thai Baht|
|Cost:||||||
|As at beginning|ofthe period|350,077|1,865,597|18,396,827|20,612,501|
|Disposal||(71,000)|(222,666)|(766,000)|(1,059,666)|
|As at end ofthe|period|279,077|1,642,931|17,630,827|19,552,835|
|Depreciation:||||||
|As at beginning|ofthe period|285,877|1,692,316|17,520,561|19,498,754|
|Charge for the year||21,399|94,517|198,400|314,316|
|Disposal||(71,000)|(222,666)|(766,000)|(1,059,666)|
|As at end ofthe|period|236,276|1,564,167|16,952,961|18,753,404|
|Net book value||||||
|As at beginning|ofthe period|64,200|173,281|876,266|1,113,747|
|As at end ofthe period||42,801|78,764|677,866|799,431|
|12. DEBTORS||||||
|||||2021|2020|
|||||Thai Baht|Thai Baht|
|Trade debtors||||360,979,694|93,581,577|
|Other debtors||||38,911,112|9,322,057|
|||||399,890,806|102,903,634|
##
||13.CREDITORS: AMOUNTS
FALLING DUE WIT|HIN ONE YEAR||
|---|---|---|---|
|||2021|2020|
|||Thai Baht|Thai Baht|
||Trade creditors|21,492,415|10,761,617|
|'|Deferred
Income|7,820,545|33,901,115|
||Accruals|1,635,000|1,606,174|
||Other creditors|1,353,445|992,978|
||Payroll Myanmar|402,925||
|||32,704,330|47,261,884|
##
||||2021|2020|
|---|---|---|---|---|
||||Thai Baht|Thai Baht|
|Long|term|liabilities|1,641,463|2,396,288|
||||1,641,463|2,396,288|
##
##
##
||||2021||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|||Funds|Funds|Total|
|||Thai Baht|Thai Baht|Thai Baht|
|Tangible|fixed assets|799,431||799,431|
|Debtors||1,477,823|398,412,983|399,890,806|
|Cash at banks and in hand||99,372,460|26,585,580|125,958,040|
|Creditors|falling due within one year|(3,821,218)|(28,883,112)|(32,704,330)|
|Creditors|falling due after one year|(1,641,463)||(1,641,463)|
|Net Assets||96,187,033|396,115,451|492,302,484|
||||2020||
|||Unrestricted|Restricted||
|||Funds|Funds|Total|
|||Thai Baht|Thai Baht|Thai Baht|
|Tangible|fixed assets|1,113,747||1,113,747|
|Debtors||5,300,936|97,602,698|102,903,634|
|Cash at banks and in hand||84,537,154|53,246,613|137,783,767|
|Creditors|falling due within one year|(3,137,234)|(44,124,650)|(47,261,884)|
|Creditors|falling due after one year|(2,396,288)||(2,396,288)|
|Net Assets||85,418,315|106,724,661|192,142,976|
##
||Balance at||||Balance at|
|---|---|---|---|---|---|
||31Dec 20|Income|Expenditure|Transfers|31Dec21|
||Thai Baht|Thai Baht|Thai Baht-|Thai Baht|Thai Baht|
|1.Australia
ANCP||||||
|(Act for Peace-NCCA)|2,587,864|5,689,676|4,834,130||3,443,410|
|Australia
AusAID||||||
|(DFAT) 2020/2021 IRC|21,356,197||18,502,036||2,854,161|
|2. Australia
AusAID||||||
|(DFAT) 2021/2022 IRC||35,859,300|18,372,443||17,486,857|
|Caritas-Australia
(Nutrition)||5,156,800|2,181,529||2,975,271|
|Caritas-Australia||||||
|(Emergency)||3,797,248|3,797,248|||
|Citizens ofBurma Award||||||
|(COBA)||6,599,864|6,599,864|||
|Church World Service|23,725||23,725|||
|ICCO -KIA 2020/21|977,165||977,165|||
|ICCO -KIA 2020/22||1,917,225|332.321||1,584,904|
|4. LIFT Fund Phase
II (UNOPS)|1,285,124|44,639,534|38,985,039||6,939,619|
|5. New Zealand —MFAT||97,064,000|75,891,172||21,172,828|
|6.SIDA- NRC||3,787,572|3,787,572|||
|7.United
Kingdom-
FCDO
8. UN OCHA- MHF¹1||119,742,518
8,252,937|115,630,018
8,252,937||4,112,500|
|8. UN OCHA- MHF ¹2||25,113,972|19,204,206||5,909,766|
|9.UNOPS —NEXUS/DCA||11,166,367|5,882,269||5,284,098|
|10.USA BPRM (IRC) 2020/21|80,494,585|156,878,567|237,373,152|||
|10.USA BPRM (IRC) 2021/22||475,530,285|151,178,248||324,352,037|
|World Vision||9,868,302|9,868,302|||
|Total Restricted
Funds|106,724,660|1,011,064,167|721,673,376||396,115,451|
|Designated
Fund —Severance||||||
|Pay gt Closedown|58,486,904|||1,241,617|59,728,521|
|3.General
Fund|26,931,412|19,362,291|8,593,574|(1,241,617)|36,458,512|
|Total Funds|192,142,976|1,030,426,458|730,266,950||492,302,484|
##
|BBC|Burmese Border Consortium|(former|IP|Inter Pares||||
|---|---|---|---|---|---|---|---|
||name)|||||||
|BPRM|Bureau ofPopulation,
Refugees, and
Migration||IPC|Infection Prevention|and Control|||
|CA|Christian
Aid||IRC|InternationalRescue|Committee|||
|CBO|Community-Based
Organisation||LIFT|Livelihoods
and Food Security||Trust|Fund|
|CCA|Consortium
ofChristian
Agencies||MAF|Myanmar
Armed Forces||||
||Committee
for Coordination
ofServices|||||||
|CCSDPT|to Displaced
Persons
in Thailand||NCA|Norwegian
Church|Aid|||
|CSO|Civil Society Organisation||NCCA|National
Council of
(Act for Peace)|Churches|Australia||
|DCA|Dan Church
Aid||NGO|Non-Governmental|Organisation|||
|DFAT|Department
of Foreign Affairs
Trade (Australia)|and|RTG|Royal Thai Government||||
|FCDO|Foreign and Commonwealth
Development
Office (UK)||SORP|Statement of Recommended
(UK)||Practice||
|FCS|Food Card System||BBC|hailand
Burma Border Consortium
(former name)||||
|FRS|Financial
Reporting
Standard|(UK)|BC|he Border Consortium||||
|FX|Foreign Exchange||HB|hai Baht||||
|GBP|British Pound||UK|United
Kingdom||||
|GEC|Governance
and Elections Committee||UNHCR|United
Nations
High Commissioner
Refugees|||for|
|ICCO|Inter Church Organisation
for
Development
Cooperation||US|United States||||
|ID P|Internally
Displaced
Person||USD|US Dollar||||
||International
Non-Governmental|||||||
|IN
GO|Organisation|||||||
##
|eference|and Admi|n|istrative
Details:|||||||
|---|---|---|---|---|---|---|---|---|---|
|Name of|Charity||||The Border Consortium||(TBC)|||
|Charity registration||number|||1109476|||||
|Company|registration||number||05255598 (England
and||Wales)|||
|Address ofregistered|||office||35 Lower Marsh, London||SE17RL|||
|Address of principal|||office||12/5 Convent
Road, Bangrak,|||||
||||||Bangkok 10500,Thailand|||||
|Website|||||www. theborderconsortium.|||or||
|Trustees|(and Directors) during 2021.||||Alexis Chapman
(Treasurer)|||||
||||||Andreas
Kiaby|||||
||||||Samantha
McGavin|||||
||||||Marvin
Parnell|||||
||||||Leon de Riedmatten|||||
||||||James Thomson
(Chair)|||||
||||||Mani Kumar (elected to||Board- November||2021)|
|Executive|Director|—from 1" January||2013 to|Sally Thompson
MBE|||||
|date|||||Sally Thompson
MBE|||||
|Charity correspondent||||||||||
|Bankers|||||Siam Commercial
Bank|||||
||||||Unit C-7 2"' Floor|||||
||||||CP Tower Building|||||
||||||313Soi Silom 2/1|||||
||||||Silom, Bang Rak|||||
||||||Bangkok Thailand 10500|||||
||||||+6622331727|||||
||||||Siam Commercial
Bank|||||
||||||291Surawong
Rd.,|||||
||||||Khwaeng
Suriya Wong,||Bang Rak,|||
||||||Bangkok 10500|||||
||||||+6622337115-9|||||
|Auditor's|||||KPMG LLP|||||
||||||15Canada Square|||||
||||||Canary Wharf|||||
||||||London|||||
||||||E145GL|||||
||||||United
Kingdom|||||
|Members|||||Act for Peace - NCCA,|Australia.||||
||||||Christian
Aid, United|Kingdom||||