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2020-10-31-accounts

Trustees’ Annual Report for the period

From 1/11/2019 Period start date To 31/10/2020 Period end date

Charity name: Kondanani UK

Charity registration number: 1113426

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To advance the Christian faith in
accordance with the Statement of
beliefs in the Kondanani Malawi
schedule.
To relieve persons who are in
conditions of need or hardship or who
are aged or sick and to relieve the
distress caused thereby in the said
location and in such other parts of the
United Kingdom or world as the trustees
may from time to time see fit.
To advance education in
accordance with Christian principles by
such means as the trustees may
consider appropriate including by
means of establishing and operating
any educational establishment or
establishments in the said location and
in such other parts of the United
Kingdom or world as the trustees may
from time to time see fit.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Fundraising from individual donors and
UK organisations.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have had regard to the
guidance issued by the Charity
Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference

Policy on grant making Para 1.38 Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 We successfully raised funds for the
following:
-
Food – this was the main focus of
fundraising during this year, due
to the disruption of normal food
production and supply in Malawi
due to the Covid19 pandemic.
-
Other running costs for
Kondanani Children’s Village
-
Medical supplies
-
School supplies

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The trustees have read the end of year
accounts and are satisfied with the state
of the charity’s finances.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 There are no reserves held.
Amount of reserves held Para 1.22 n/a
Reasons for holding zero
reserves		 Para 1.22 There are no recurring costs or financial
liabilities that would require a reserve to
be held.
Details of fund materially in
deficit		 Para 1.24 None
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 None

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:		 None
Type of governing document
(trust deed, royal charter)		 Para 1.25 Memorandum and Articles of
Association
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Limited company
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Appointed by trustees

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name Kondanani UK
Other name the charity uses
Registered charity number 1113426
Charity’s principal address 4 Darvel Rd
Newmilns
KA16 9BH

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
A S Chikhwaza
J G Gebbie
J C Gebbie Secretary
P J Curwell Treasurer
A M Horowitz

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
James Grant Gebbie

Trustee
28-08-2021
28-08-2021

Declar¢liiv The trustees declare that they have approved the trustees, report above. Signed on behalf of the charitys trustees Signature(s) LI'L Full name(s) Position (eg Secretary, Chair, etc) James Grant (X)bie Trustee 2&08-2021

REGISTERED COMPANY NUMBER: 05608017 (England and Wales) REGISTERED CHARITY NUMBER: 1113426

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 October 2020

for

KONDANANI UK

Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

KONDANANI UK

Contents of the Financial Statements for the Year Ended 31 October 2020

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

KONDANANI UK

Report of the Trustees for the Year Ended 31 October 2020

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are:

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05608017 (England and Wales)

Registered Charity number

1113426

Registered office

64 Finning Avenue Exeter Devon EX4 8FA

Trustees

Ms A S Chikhwaza J G Gebbie Tour Guide Mrs J C Gebbie Retired Ms A M Horowitz Retired A W Gibson Journalist (appointed 12.12.20) Miss A J Stevens (appointed 12.12.20) Mrs P J Curwell Landscape Designer (resigned 13.7.21)

Company Secretaries

Mrs J C Gebbie

Page 1

KONDANANI UK

Report of the Trustees for the Year Ended 31 October 2020

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Mary E Ryan FCCA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ J G Gebbie - Trustee

Page 2

Independent Examiner's Report to the Trustees of KONDANANI UK

Independent examiner's report to the trustees of KONDANANI UK ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mary E Ryan FCCA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

Date: .............................................

Page 3

KONDANANI UK

Statement of Financial Activities for the Year Ended 31 October 2020

31.10.20 31.10.19
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 49,496 - 49,496 36,111
Other trading activities 2 - 3,395 3,395 555
Investment income 3 24 - 24 -
Total 49,520 3,395 52,915 36,666
EXPENDITURE ON
Charitable activities
Support for Malawi 43,730 566 44,296 38,173
NET INCOME/(EXPENDITURE) 5,790 2,829 8,619 (1,507)
RECONCILIATION OF FUNDS
Total funds brought forward 14,726 1,510 16,236 17,743
TOTAL FUNDS CARRIED FORWARD 20,516 4,339 24,855 16,236

The notes form part of these financial statements

Page 4

KONDANANI UK

Balance Sheet

31 October 2020

31.10.20 31.10.19
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
CURRENT ASSETS
Cash at bank 20,966 4,339 25,305 16,686
CREDITORS
Amounts falling due within one year 7 (450) - (450) (450)
NET CURRENT ASSETS 20,516 4,339 24,855 16,236
TOTAL ASSETS LESS CURRENT
LIABILITIES 20,516 4,339 24,855 16,236
NET ASSETS 20,516 4,339 24,855 16,236
FUNDS 8
Unrestricted funds 20,516 14,726
Restricted funds 4,339 1,510
TOTAL FUNDS 24,855 16,236

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. J G Gebbie - Trustee

The notes form part of these financial statements

Page 5

KONDANANI UK

Notes to the Financial Statements for the Year Ended 31 October 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
31.10.20 31.10.19
£ £
Sponsorships 3,395 355
Book sales - 200
3,395 555
3. INVESTMENT INCOME
31.10.20 31.10.19
£ £
Deposit account interest 24 -

Page 6

continued...

KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2020 nor for the year ended 31 October 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2020 nor for the year ended 31 October 2019.

5. AVERAGE EMPLOYEES

0

6.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
25,434
10,677
Other trading activities
200
355
Total
25,634
11,032
EXPENDITURE ON
Charitable activities
Support for Malawi
9,040
29,133
NET INCOME/(EXPENDITURE)
16,594
(18,101)
Transfers between funds
(17,095)
17,095
Net movement in funds
(501)
(1,006)
RECONCILIATION OF FUNDS
Total funds brought forward
15,227
2,516
TOTAL FUNDS CARRIED FORWARD
14,726
1,510		 Total
funds
£
36,111
555
36,666
38,173
(1,507)
-
(1,507)
17,743
16,236

continued...

Page 7

KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.20 31.10.19
£ £
Accrued expenses 450 450
8. MOVEMENT IN FUNDS
Net
At movement At
1.11.19 in funds 31.10.20
£ £ £
Unrestricted funds
General fund 14,726 5,790 20,516
Restricted funds
Sponsorship 610 3,395 4,005
Implant operation 900 (566) 334
1,510 2,829 4,339
TOTAL FUNDS 16,236 8,619 24,855
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 49,520 (43,730) 5,790
Restricted funds
Sponsorship 3,395 - 3,395
Implant operation - (566) (566)
3,395 (566) 2,829
TOTAL FUNDS 52,915 (44,296) 8,619

continued...

Page 8

KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Sponsorship
Container
Caring Hands Hospital
Teacher sponsorship
Implant operation
TOTAL FUNDS		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.19
£
£
£
£
15,227
16,594
(17,095)
14,726
585
25
-
610
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
900
-
900
2,516
(18,101)
17,095
1,510
17,743
(1,507)
-
16,236		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.19
£
£
£
£
15,227
16,594
(17,095)
14,726
585
25
-
610
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
900
-
900
2,516
(18,101)
17,095
1,510
17,743
(1,507)
-
16,236
1,510
16,236

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 25,634 (9,040) 16,594
Restricted funds
Sponsorship 355 (330) 25
Container 7,018 (11,085) (4,067)
Caring Hands Hospital 2,259 (15,000) (12,741)
Teacher sponsorship 500 (2,718) (2,218)
Implant operation 900 - 900
11,032 (29,133) (18,101)
TOTAL FUNDS 36,666 (38,173) (1,507)

continued...

Page 9

KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Sponsorship
Container
Caring Hands Hospital
Teacher sponsorship
Implant operation
TOTAL FUNDS		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.20
£
£
£
£
15,227
22,384
(17,095)
20,516
585
3,420
-
4,005
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
334
-
334
2,516
(15,272)
17,095
4,339
17,743
7,112
-
24,855		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.20
£
£
£
£
15,227
22,384
(17,095)
20,516
585
3,420
-
4,005
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
334
-
334
2,516
(15,272)
17,095
4,339
17,743
7,112
-
24,855
4,339
24,855

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 75,154 (52,770) 22,384
Restricted funds
Sponsorship 3,750 (330) 3,420
Container 7,018 (11,085) (4,067)
Caring Hands Hospital 2,259 (15,000) (12,741)
Teacher sponsorship 500 (2,718) (2,218)
Implant operation 900 (566) 334
14,427 (29,699) (15,272)
TOTAL FUNDS 89,581 (82,469) 7,112

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2020.

Page 10

KONDANANI UK

Detailed Statement of Financial Activities for the Year Ended 31 October 2020

Detailed Statement of Financial Activities
for the Year Ended 31 October 2020
31.10.20 31.10.19
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 49,496 36,048
Royalties received - 63
49,496 36,111
Other trading activities
Sponsorships 3,395 355
Book sales - 200
3,395 555
Investment income
Deposit account interest 24 -
Total incoming resources 52,915 36,666
EXPENDITURE
Charitable activities
Light and heat 48 -
Postage and stationery 313 -
Books & DVD's - 510
Subscriptions 50 50
Running costs 15,000 15,000
Sponsorship - 2,718
Education certificates - 330
Bank charges 208 107
Solar panels - 7,000
Travel - 762
Container - 11,085
Food for Malawi 27,500 -
Medical supplies 566 -
43,685 37,562
Support costs
Management
Insurance 161 161
Governance costs
Accountancy fees 450 450
Total resources expended 44,296 38,173
Net income/(expenditure) 8,619 (1,507)

This page does not form part of the statutory financial statements

Page 11

REGISTERED COMPANY NUMBER: 05608017 (England and Wales) REGISTERED CHARITY NUMBER: 1113426

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 October 2020

for

KONDANANI UK

Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

KONDANANI UK

Contents of the Financial Statements for the Year Ended 31 October 2020

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

KONDANANI UK

Report of the Trustees for the Year Ended 31 October 2020

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are:

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05608017 (England and Wales)

Registered Charity number

1113426

Registered office

64 Finning Avenue Exeter Devon EX4 8FA

Trustees

Ms A S Chikhwaza J G Gebbie Tour Guide Mrs J C Gebbie Retired Ms A M Horowitz Retired A W Gibson Journalist (appointed 12.12.20) Miss A J Stevens (appointed 12.12.20) Mrs P J Curwell Landscape Designer (resigned 13.7.21)

Company Secretaries

Mrs J C Gebbie

Page 1

KONDANANI UK

Report of the Trustees for the Year Ended 31 October 2020

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Mary E Ryan FCCA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ J G Gebbie - Trustee

Page 2

Independent Examiner's Report to the Trustees of KONDANANI UK

Independent examiner's report to the trustees of KONDANANI UK ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mary E Ryan FCCA Ark Accountancy Chartered Certified Accountant 31 Cheam Road Epsom Surrey KT17 1QX

Date: .............................................

Page 3

KONDANANI UK

Statement of Financial Activities for the Year Ended 31 October 2020

31.10.20 31.10.19
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 49,496 - 49,496 36,111
Other trading activities 2 - 3,395 3,395 555
Investment income 3 24 - 24 -
Total 49,520 3,395 52,915 36,666
EXPENDITURE ON
Charitable activities
Support for Malawi 43,730 566 44,296 38,173
NET INCOME/(EXPENDITURE) 5,790 2,829 8,619 (1,507)
RECONCILIATION OF FUNDS
Total funds brought forward 14,726 1,510 16,236 17,743
TOTAL FUNDS CARRIED FORWARD 20,516 4,339 24,855 16,236

The notes form part of these financial statements

Page 4

KONDANANI UK

Balance Sheet

31 October 2020

31.10.20 31.10.19
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
CURRENT ASSETS
Cash at bank 20,966 4,339 25,305 16,686
CREDITORS
Amounts falling due within one year 7 (450) - (450) (450)
NET CURRENT ASSETS 20,516 4,339 24,855 16,236
TOTAL ASSETS LESS CURRENT
LIABILITIES 20,516 4,339 24,855 16,236
NET ASSETS 20,516 4,339 24,855 16,236
FUNDS 8
Unrestricted funds 20,516 14,726
Restricted funds 4,339 1,510
TOTAL FUNDS 24,855 16,236

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. J G Gebbie - Trustee

The notes form part of these financial statements

Page 5

KONDANANI UK

Notes to the Financial Statements for the Year Ended 31 October 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
31.10.20 31.10.19
£ £
Sponsorships 3,395 355
Book sales - 200
3,395 555
3. INVESTMENT INCOME
31.10.20 31.10.19
£ £
Deposit account interest 24 -

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continued...

KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2020 nor for the year ended 31 October 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2020 nor for the year ended 31 October 2019.

5. AVERAGE EMPLOYEES

0

6.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
25,434
10,677
Other trading activities
200
355
Total
25,634
11,032
EXPENDITURE ON
Charitable activities
Support for Malawi
9,040
29,133
NET INCOME/(EXPENDITURE)
16,594
(18,101)
Transfers between funds
(17,095)
17,095
Net movement in funds
(501)
(1,006)
RECONCILIATION OF FUNDS
Total funds brought forward
15,227
2,516
TOTAL FUNDS CARRIED FORWARD
14,726
1,510		 Total
funds
£
36,111
555
36,666
38,173
(1,507)
-
(1,507)
17,743
16,236

continued...

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KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.20 31.10.19
£ £
Accrued expenses 450 450
8. MOVEMENT IN FUNDS
Net
At movement At
1.11.19 in funds 31.10.20
£ £ £
Unrestricted funds
General fund 14,726 5,790 20,516
Restricted funds
Sponsorship 610 3,395 4,005
Implant operation 900 (566) 334
1,510 2,829 4,339
TOTAL FUNDS 16,236 8,619 24,855
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 49,520 (43,730) 5,790
Restricted funds
Sponsorship 3,395 - 3,395
Implant operation - (566) (566)
3,395 (566) 2,829
TOTAL FUNDS 52,915 (44,296) 8,619

continued...

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KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Sponsorship
Container
Caring Hands Hospital
Teacher sponsorship
Implant operation
TOTAL FUNDS		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.19
£
£
£
£
15,227
16,594
(17,095)
14,726
585
25
-
610
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
900
-
900
2,516
(18,101)
17,095
1,510
17,743
(1,507)
-
16,236		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.19
£
£
£
£
15,227
16,594
(17,095)
14,726
585
25
-
610
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
900
-
900
2,516
(18,101)
17,095
1,510
17,743
(1,507)
-
16,236
1,510
16,236

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 25,634 (9,040) 16,594
Restricted funds
Sponsorship 355 (330) 25
Container 7,018 (11,085) (4,067)
Caring Hands Hospital 2,259 (15,000) (12,741)
Teacher sponsorship 500 (2,718) (2,218)
Implant operation 900 - 900
11,032 (29,133) (18,101)
TOTAL FUNDS 36,666 (38,173) (1,507)

continued...

Page 9

KONDANANI UK

Notes to the Financial Statements - continued for the Year Ended 31 October 2020

8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Sponsorship
Container
Caring Hands Hospital
Teacher sponsorship
Implant operation
TOTAL FUNDS		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.20
£
£
£
£
15,227
22,384
(17,095)
20,516
585
3,420
-
4,005
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
334
-
334
2,516
(15,272)
17,095
4,339
17,743
7,112
-
24,855		 Net
Transfers
At
movement
between
At
1.11.18
in funds
funds
31.10.20
£
£
£
£
15,227
22,384
(17,095)
20,516
585
3,420
-
4,005
1,931
(4,067)
2,136
-
-
(12,741)
12,741
-
-
(2,218)
2,218
-
-
334
-
334
2,516
(15,272)
17,095
4,339
17,743
7,112
-
24,855
4,339
24,855

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 75,154 (52,770) 22,384
Restricted funds
Sponsorship 3,750 (330) 3,420
Container 7,018 (11,085) (4,067)
Caring Hands Hospital 2,259 (15,000) (12,741)
Teacher sponsorship 500 (2,718) (2,218)
Implant operation 900 (566) 334
14,427 (29,699) (15,272)
TOTAL FUNDS 89,581 (82,469) 7,112

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2020.

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KONDANANI UK

Detailed Statement of Financial Activities for the Year Ended 31 October 2020

Detailed Statement of Financial Activities
for the Year Ended 31 October 2020
31.10.20 31.10.19
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 49,496 36,048
Royalties received - 63
49,496 36,111
Other trading activities
Sponsorships 3,395 355
Book sales - 200
3,395 555
Investment income
Deposit account interest 24 -
Total incoming resources 52,915 36,666
EXPENDITURE
Charitable activities
Light and heat 48 -
Postage and stationery 313 -
Books & DVD's - 510
Subscriptions 50 50
Running costs 15,000 15,000
Sponsorship - 2,718
Education certificates - 330
Bank charges 208 107
Solar panels - 7,000
Travel - 762
Container - 11,085
Food for Malawi 27,500 -
Medical supplies 566 -
43,685 37,562
Support costs
Management
Insurance 161 161
Governance costs
Accountancy fees 450 450
Total resources expended 44,296 38,173
Net income/(expenditure) 8,619 (1,507)

This page does not form part of the statutory financial statements

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