|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|7|
|Report ofthe Independent
Auditors|8|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet|11|to|12|
|Notes to the Financial Statements|13|to|21|
|Detailed Statement ofFinancial Activities|22|to|23|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund
f|fund|funds
f|funds
F|
|INCOME AND ENDOWIIENTS FROII||||||
|Donations
and legacies|2|3,437,722|839,543|4,277,265|3,141,473|
|Investment
income|3|16,579||16,579|16,903|
|Other income|4|710||710|867|
|Total||3,455,011|839,543|4,294,554|3,159,243|
|EXPENDITURE ON||||||
|Raising funds|5|549,505|6,964|556,469|632,244|
|Charitable
activities||||||
|Charitable
activities||2,171,355|954,858|3,126,213|2,434,423|
|Support costs||35,010||35,010|35,573|
|Total||2,755,870|961,822|3,717,692|3,102,240|
|Net gains/(losses)
on investments||1,069,832||1,069,832|~207,541)|
|NET INCOME/(EXPENDITURE)||1,768,973|(122,279)|1,646,694|(150,538)|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought forward||1,658,762|154,394|1,813,156|1,963,694|
|TOTAL FUNDS CARRIED FORWARD||3,427,735|32,115|3459 850|1,813,156|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund|fund
f|funds
f.|funds|
|FIXEDASSETS||||||
|Tangible assets|12|8,300||8,300|9,540|
|Investments|13|3,178,219||3,178,219|1,553,286|
|||3,186,519||3,186,519|1,562,826|
|CURRENT ASSETS||||||
|Debtors|14|49,929||49,929|71,954|
|Cash at bank||210,807|32,115|242,922|235,176|
|||260,736|32,115|292,851|307,130|
|CREDITORS||||||
|Amounts
falling due within one year|15|(19,520)||(19,520)|(56,800)|
|NET CURRENT ASSETS||241,216|32,115|273,331|250,330|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||3,427,735|32,115|3,459,850|1,813,156|
|NET ASSETS||3,427,735|32,115|3,459,850|1,813,156|
|FUNDS|16|||||
|Unrestricted
funds||||3,427,735|1,658,762|
|Restricted funds||||32,115|154,394|
|TOTAL FUNDS||||3,459,859|1,813156|
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|||
for the Year Ended 5|
April 2021||
|---|---|---|---|---|
|2.|DONATIONS
AND|LEGACIES|||
||||2021|2020|
||Gift Aid Donations||1,006,032|885,252|
||Non Gift Aid Donations||2,610,134|1,611,557|
||Gift aid Tax Repayment||251,013|203,923|
||Grants||410,086|440,741|
||||4,277,265|3,141,473|
|3.|INVESTMENT INCOIIE||||
||||2021|2020|
|||||f|
||Interest received||522|228|
||Dividends
received||16,057|16,675|
||||16,579|16,903|
|4.|OTHER INCOME||||
||||2021|2020|
||Bank interest received||710|684|
||Commission
received|||183|
||||710|867|
|5.|RAISING FUNDS||||
||Raising donations|and legacies|||
||||2021
f|2020|
||PPS and Advertising||208,880|218,551|
||Database maintenance/hosting||13,506|10,782|
||Other fundraising
activities||78,557|140,792|
||Support costs||255,526|262,119|
||||556,469|632,244|
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|CHARIT|ABLE|ACTIVITIES COSTS||||
|---|---|---|---|---|---|
||||Direct|Support||
||||Costs (see|costs (see||
||||note 7)|note 8)|Totals|
|Charitable|activities||3,126,213||3,126,213|
|Support costs||||35,010|35,010|
||||3,126,213|35,010|3,161,223|
|DIRECT|COSTS OF CHARITABLE ACTIVITIES|||||
|||||2021|2020|
|||||E||
|Grants made||in Zimbabwe||3,115,097|2,397,821|
|Other Direct Costs Zimbabwe||||5,688|1,937|
|Travel &|Subsistence overseas|||5,428|33,226|
|Trustees|expenses overseas||||1,439|
|||||3,126,213|2,434,423|
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|SUPPORT COST|S|||
|---|---|---|---|
||||Other|
|Raising donations|and|legacies|255,526|
|Support costs|||35,010|
||||290,536|
|NET INCOME/(EXPENDITURE)||||
|Net income/(expenditure)||is stated after charging/(crediting):||
||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Depreciation|- owned|assets|2,540|2,714|
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|There were trustee's
expenses
paid
in the year ended 5 April 2021 totalling
Z2,545 (
relating to travel and subsistence
costs.|There were trustee's
expenses
paid
in the year ended 5 April 2021 totalling
Z2,545 (
relating to travel and subsistence
costs.|There were trustee's
expenses
paid
in the year ended 5 April 2021 totalling
Z2,545 (
relating to travel and subsistence
costs.|There were trustee's
expenses
paid
in the year ended 5 April 2021 totalling
Z2,545 (
relating to travel and subsistence
costs.|2020: E2,384|
|---|---|---|---|---|
|2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||fund|fund|funds|
|||||F|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||2,211,943|929,530|3,141,473|
|Investment
income||16,903||16,903|
|Other income||867||867|
|Total||2,229,713|929,530|3,159,243|
|EXPENDITURE ON|||||
|Raising funds||625,612|6,632|632,244|
|Charitable
activities|||||
|Charitable
activities||1,557,658|876,765|2,434,423|
|Support costs||35,573||35,573|
|Total||2,218,843|883,397|3,102,240|
|Net gains/(losses)
on investments||~207,541)||~207,541)|
|NET INCOME/(EXPENDITURE)||(196,671)|46,133|(150,538)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||1,855,433|108,261|1,963,694|
|TOTAL FUNDS CARRIED FORWARD||1,658,762|154,394|1,813,156|
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|TANGIBLE FIXEDA|SSETS||||
|---|---|---|---|---|
|||Fixtures|||
|||and|Motor||
|||fittings|vehicles|Totals|
|COST|||||
|At 6 April 2020||20,126|16,568|36,694|
|Additions||1,300||1,300|
|At 5April 2021||21,426|16,568|37,994|
|DEPRECIATION|||||
|At 6 April 2020||13,997|13,157|27,154|
|Charge for year||1,687|853|2,540|
|At 5April 2021||15,684|14,010|29,694|
|NET BOOK VALUE|||||
|At 5 April 2021||5,?42|2 558|8,300|
|At 5 April 2020||6,129|3,411|9,540|
|FIXEDASSET INVESTMENTS|||||
||||2021|2020|
|Shares|||3,178,218|1,553,285|
|Other|||1|1|
||||3,1?8,218|1,553,288|
|Additional
information|as follows:||||
|||||Listed|
|||||investments|
|||||F|
|MARKET VALUE|||||
|At 6April 2020||||1,553,285|
|Additions||||2,052,611|
|Disposals||||(1,491,264)|
|Revaluations||||1,063,586|
|At 5April 2021||||3,178,218|
|NET BOOK VALUE|||||
|At 5 April 2021||||3,1?8,218|
|At 5 April 2020||||1,553,285|
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||for|for|for|for|the Year|the Year|End|ed|5April 202|1|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|13.|FIXEDASSET INVESTMENTS||||- continued||||||||
||||||||||Proportion|of|||
||||||||||voting rights|and|||
||Undertaking|||||Holding|||shares|held|Principal|Activity|
||Subsidiary
undertaking||||||||||||
||2021||||||||||||
|||||||Ordinary||E1|||||
||Zane Professional||Services Ltd||||share|||100%|Administrative|services|
||2020||||||||||||
|||||||Ordinary||f1|||||
||Zane Professional||Services Ltd||||share|||100%|Administrative|services|
||Investments
(neither listed nor unlisted)|||||were|as|follows:|||||
||||||||||||2021|2020|
||Shares
in ZPS|Ltd||||||||||1|
|14.|DEBTORS AMOUNTS|||FALLING DUE WITHIN||||ONE YEAR|||||
||||||||||||2021|2020|
||Amounts
owed|by|participating||interests||||||603|603|
||Other debtors||||||||||10,325|36,243|
||HMRC Gift Aid|refund due|||||||||38,360|19,333|
||Prepayments
and||accrued income||||||||641|15,775|
||||||||||||49,929|71,954|
||Other Debtors are||made|up ofthe following:|||||||||
||||||||||||2021|2020|
|||||||||||||F|
||Set up Australia|||||||||||8,742|
||Set up America|||||||||||6,359|
||Zim contractors|loans for solar power|||||||||10,012|21,142|
||Expense advances||||||||||313||
||||||||||||10,325|36,243|
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|CREDIT|ORS: AMOU|NTS
FA|LLING DUE WITHIN ONE Y|EAR||
|---|---|---|---|---|---|
|||||2021|2020|
|Trade creditors||||6,445|21,301|
|Amounts|owed to participating||interests||149|
|Other creditors|||||19,677|
|Accruals|and deferred|income||13,075|15,673|
|||||19,520|56,800|
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|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 6/4/20|in funds|5/4/21|
|||||F|F|F|
|Unrestricted|funds||||||
|General
fund||||1,658,762|1,768,973|3,427,735|
|Restricted funds|||||||
|Restricted funds||||154,394|(122,279)|32,115|
|TOTAL FUNDS||||1,813,156|1,646,694|3,459,850|
|Net movement|in funds,|included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||F||F|F|
|Unrestricted|funds||||||
|General
fund|||3,455,011|(2,755,870)|1,069,832|1,768,973|
|Restricted funds|||||||
|Restricted funds|||839,543|(961,822)||(122,279)|
|TOTAL FUNDS|||4,294 554|~3,717,692)|1,069,832|1,646,694|
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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 6/4/19|in funds|5/4/20|
|Unrestricted|funds||||
|General
fund||1,855,433|(196,671)|1,658,762|
|Restricted funds|||||
|Restricted funds||108,261|46,133|154,394|
|Comparative
net movement
in f|unds,
included
in the abo|ve are as follow|s:||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
|Unrestricted
funds|||||
|General
fund|2,229,713|(2,218,843)|(207,541)|(196,671)|
|Restricted funds|||||
|Restricted funds|929,530|(883,397)||46,133|
|TOTAL FUNDS|3,159,243|~3,102,240)|~207,541)|~150,538)|
|A current yea|r 12months
and prior year|12months combined
position
is|as follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 6/4/1 9|in funds|5/4/21|
||||E|F|
|Unrestricted|funds||||
|General fund||1,855,433|1,572,302|3,427,735|
|Restricted funds|||||
|Restricted funds||108,261|(76,146)|32,115|
|TOTAL FUNDS||1,963,694|1,496,156|3,459 850|
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|A current year 12 months
and p
above are as follows:|rior year 12 months
comb|ined
net movem|ent
in funds,
|included
in th|
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources
f|expended|losses|in funds
f|
|Unrestricted
funds|||||
|General
fund|5,684,724|(4,974,713)|862,291|1,572,302|
|Restricted funds|||||
|Restricted funds|1,769,073|(1,845,219)||(76,146)|
|TOTAL FUNDS|||||
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