Charity No.. 1113868
Hand In Hand Intemational
Report and Financial Statements
For the year ended 31 March 2022

status
The organisation is a charity regist8red by
trust deed in England on 18th Febnjary
2006.
Charlty Number
1113868
Registsred office and operational address
51h Fkjor, Caparo House,
101- 103 Baker Street
London
W1U 6LN
Trustees
Bruce Grant {Chalnnan)
John Barrett
Madhvi Chanrai
Carsten Jorgenson
Lars Josetsson
Paola Uggla
stsphanie Whthier
Senlor offlcer8
Dorothe8 Amdt- Chl8f Executlve
Nick Aveling - Head of Communlcatlons
(left October 2021 }
Jen Glyn- H88d of Cofflmunlcatlons and
Marketlng
Bob Cooke- Chief Finance Offiw (retir8d
November 2021)
Stephaniè Nichol8on- Head of Finance
and Compllance
Amalia JohnSS￿- Dlreciar of Pr(Jgratr#nos
Joe Dyson - Head of Phllanthropy
Auditor8
BuZZa￿tt LLP
Chartered Accountant8
Registered Auditors
130 Wood Str80t
London
EC2V 60L

Hand in Hand Intemational
Contents of the financial statements
the year ended 31 March 2022
Legal and admln15tratlve d8ts113
Objéctives and act1￿1196
4-7
Achlevements and Perfomiance
Plans for future perfod$
10
Report of the Tru8te88'
11-16
Rewrt of the Independent Audltor8
17-20
statement of Flnanci81 ActlvltS98
21
Balance Sheet
22
Cash Flow Statemant
23
Notes to the Flnanclal Statements
24-38

OBJEcnvES AND ACTIVITIES
Vbsion
Our vision is a world where every woman has the power and the means to raise horyJeW and
her famlly out of poverty.
Mi88ion
Our mlsslon Is to chang9 Ilv88 by empowerlng women to beat the odds and succeed as
entrepreneurs.
Women face barriers that men don't.
Rlght now, in communltles across the developing world. roughly 400 million women and gids
IIv8 below the poverty line of US $1.90 8 day, trapped by rBslrlcllv8 noms and attlludes that
keep them from earning their own incom8s, controlling their own assets and making decisions
for thamselves.
Inequallty betwegn mon and women Isn't dlstlnct from poverty, in other words - it causes
poverty. And for a8 long as barrier8 to women's empowernenl a￿ allowed to exigt, people will
go to bed hungry.
If a lack of women's &conomSc empowerment Is the problem, womgn's entreprenèurshlp18 th8
solution. Empowering women entrepreneurs is a process - centred on business. vocational
and Ilfe skllls tralnlng - that helps worn8n lake control of thelr finances and speak up and be
heard In the homa. Ultimately it's not lust abcAJI money but power, and making sure women
have more of both - to s8lz8 thelr own destlnlgs. make thernsèlves hé8rd and ralse the néxt
generation out of poverty.
At the very least. our programmes seek to recognlse women's unlque challenges. Someilmes
that's as simple as sGheduling training so it doesn't clash wilh childcare to creale a double-
burden. Other tim8S, It means providing leadershlp skllls trainirYJ to help women speak up,
OV8rcome challenges and claim tha right to make decislons.
But rf addressirvJ the b8rri8rs that limit women is good. there's one thing we like evèn bèttér:
breaking them. And to do thal, we have to work Y￿th men. Across our n8￿rk, nine out of 10
Hand in Hand members are women. The re8t are their husbands. brothers and sons.
Increaslngty. we're working wlh men to change their ideas about women's contdbutions to the

mmunty and ￿noMY, and their own contributions at homg. Because ￿en th8 playing
r￿Id is evened. women can flourlsh. And when women flourish, whol8 families. communities
and economies win.
Strategies for achieving aims
We work In four key stages. Flr8t. y￿ create Seif-Help Groups vthere women 8UPPOrt each
other, sava together and learn t￿ether. Next, we provide business and skills training that
helps make the most of their potential. Third, wa maka surè they can gèt small loans and the
tools thoy need to get started. Last. we h&lp scale up their busin6sse8, reaching bigg8r
marf(et8 and Stronger supply chaln8.
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How we measura 8ucce88
Although empowering women entrepreneurs is amiays our primary aim, Hand in Hand's
programffles vary widely, from those focused exclusively on enterprlses and lobs to thos8 that
81$0 address Issues Including cllmale change. displac9menl and more. So It's no surprf5e wg
employ a wide range of metrics to measure our success.
At the most basic level, we rneasure outputs includlng the number of micro-businesses our
members create, the number of people Ihose businesses employ and the number of family
m8mb8rs each income supports.
Work is also orMJoing to roll out a set of four universal indicators - in lin8 with th8 UN
Sustalnable Development Goals - that wlll allow us to measure arKI compwe outcomes both
within and acros5 our projects. and benchmark against our pa8rs.

Increase in Income
30% lrfreaso in monthly not
enterprise Income
Enteiprlse survlval rate
80% of enterprlses still runnlng
ller a year
Y4e boiieve rnogey 15 empowerrrianl the key
Inai unlocKfJ a life ot QPDQrtunily an4 ?@11.
c*lÈrfflifialion that Wuffidn s basir
numon IigDt
to rur) Ifi+lf rnirro-ofiterprise5. Hang In
Har,d n￿*$50[11Y r4J19gUYtwnaoilily at thè
oip or cui i'iork Whai ?i.od Ir a I valifined
rhal aO@sn t stdfi(I the te5101 time?
11 monvy Is Ip.e key ar(J 1005 aren'r
loitbcomin(J how rai. earn Jn
Incom@) Tbe aiiswer Is ÈnlrÈDien¢urship,
and lor H,'Ir,d ID momr]*Jr4 ai rho
Jc-caiiea ooiiom ot Ihe Dyfdmid. even
a rnodest trJUSino j) be11Fe-chènging
That's why iai(Jei an avoraoe increase
In mL)rtlhiy lèi èntèrciige Inciimè ai1o4s¢
10 pèiceni aLrorJ<J our o,'oiocls Npli￿Or￿.
In otsr MOS¢ rA~ont ro19y&?I wll, 80 Qofcent
of rrprnbprfi Id l*vii m.ciu-enreroriws
werg still orèialional ard poiserj tor
12Towlh . Iwelliie monihs Jftèi the ol Ih*f
Dfooiiimme Looxino tLr'N3rd. wè'll ccniinug
10 hjfow auf ÈVI(JÉrre ￿se Dy SPè,)kiniJ lo
ai longer 3rd Irynfjqr InipivJlS art
oiir rytsora•mÈ¥ cenciude
Able to wlthstand
flnanclal shocks
95% 01 memb•r5 have savlngs to See
them Ihrosjgh a ralny day
11 doo%n't lake a ciisis on the 5(019 01
roToDèvirus tJ knock ram11￿$ In Ihe
dév¥lopin? wcrld oll co¢Jrs* In Ih
c0mrrun￿1*b wherp H,)nd ifi H¥3iid woik5.
a bad triarve5t cw unexperlpd medical ￿.51
can soiral Inrrj a Iilèli￿e ol debl Thèt s why
wo targ4t I¢VQlS DI Indwidual savinfjs Ihat
enable our mernbeFS lo cleHI Wlth a lir￿￿la1
shock Wlihout ￿r.,ow1nQ rDoney Of spllitya
assets In K@nya. Foi oxampk. 9S pkrcrrtp.I
ot our rnember5 had savings to Iielo thern
cope when Ihe country locked down durino
cofona¥irus
Women's declsjon-maklng
at home
80% ol women members have mor•
freedom and Influence at home
Emo¢Jwerino wornen to rnake decieion5
abi:ut WMI they own. wherp they go and
how IP,*y rnanagè tTh*ir h@alth Is è worthy
+nJ all on Its cwin Bu. woFngn ai•
@mpcworod to makè tfr.yii owi) dkYlSlOnS.
whoio iamilies ar.d communitios win
Supoorting byomen ÈnlreoTeneurs to oarn
own Iicgme - and to dticirle how
Ihoy $￿Trd It- means mofe children In
school and more families with access io
heallhi-are. TN3t's why we tarool rai05 of
woTn¢ry's b.ousobold docision-n)aking in
line wilb Dr surfyassing nat￿)nal avoraoes
sn A',ohanislan. 99 ￿[(ent ot our rr.embers
Sa￿ had more In￿UenCe aP horne

These metrics are..
Incomè.. Increase in members, bus￿85$ profiL
Sustsinats'lity.. Members, enterprise suThival rate one year on.
Resillence.. Proportion of members vlllh thè capaclty to dèal vAth a financial shock.
without borrowlng money. or selling assets.
Women's baryaining power. proportion of woman members wlv) participats in
household dedslon-making
Signrficant activities
Hand in HaTrJ Inlernatlonal's slgnlficant activltles a5 dlsplayed on th8 Statement of Flnanclal
Activibes are fundraisin9 and supporting people in Afghanistan. India, Kenya and Tanzania.
In order lo contlnug thls work, Hand In Hand Intematlonal concentrates on ar8as that support
our long8r48mi job cr88tion targets,
Raising fund3
Demonstrattng rnsults
Sharlng knovlgdge
Bulldlng capaclty
Communlcatlng effectively
These flv8 areas complemnt èach other. Results and knowledge gained from programme
implementation and 8valualion are critical for 8ff8ctive fundoising and supwling new and
Current partners. Capaclty bulldlng Is crftlcal for effedv8 programm8 management, d8llv8ry
and expansion, as well as for fin8ncA81 control and safeguarding. And effective communic81ion
Is Important for fundralslng. attractlng new partnèrs and advocatlng for affectlve Job ￿ea￿On
policies.
Our focus. of course, Is on fundralsing. But In order to make our fundralslng more effectlve,
we also work in olher areas to fund and support our partners.. programme evaluation, impact
assessment and analysls that valldate results and help us leam: dlssemlnatlng results, lessons
learned and other forms of knowledge; capacity building., and pr8paring mr8 effectivè
communlcatlon and marketlng material8.

ACHIEVEMENTS AND PERFORMANCE
Nefvdork-wde. Hand in Hand created and enhan￿d 454,192 Jobs In 2021122.
Here in the UK, at Hand in Hand Intemational, we set ourselves th8 following goals in last
yearfs Trustees. Report:
Fundraising
Rais8 US $16.3M ol which $9. 1M ￿11 be banked in 2021r22 and US $7.2M in Subsequent
years
This year, we ralsed US $17.2M, of ￿leh US $8.7M was Secured arKI banked in 2021122 arKI
US $8.5M will be banked In subsequent years. This includes a legacy pl8dg8 for Tanzania.
Secure at188st US $1M for 2021r22 In Afghanlstan
We raised and bankèd $862K In new funding for Afghanlstan In 2021122. In additlon, we
supportèd Hand in Hand Sweden to secure a lar9e multi-year grant for Afghanistan. Through
our combined efforts in the UK and Swedén and their dirèct fundralslng In Afghanistan.
Hand in H8nd Afghanist8n ha8 doubled its income for the calendar year 2022 compared to
th8 pr8vious year.
Ralse US $1.5M (£1,24M) in unr8Strlcted fvndlng and funding for UK-b8S8d progrnmm8
support
We secured unrestrlcted Income of US $878K, w6th the majority ol thls ralsed through events.
In addltlon, US $1 M wa8 ralsed as Income for strategic and finan¢ial programma suppcrt from
the UK, equivalent to 13.3% of restricted income (2021.. 11.4%). By ensuring enO￿h funding
Is brought in to covèr UK exp9ndilure in-year, Hand in Hand Inlemational can ensuro 115
financlal 8UStalnablllly.
Slart raising funds for one addltlonal county offjce
In FY22123 we wlll bagin our work to id8ntify and then select a country for expansion.
Programmes
Publishing what we hav818amed on Women s EconomlG Empowerm8nt
Worklng wth the Iniemational Centre for R85earch on Women {ICRW) and Cartler
Philanthropy. we ara h8lplng to d8v8lop a toolkit for best practice in Women's Economlc
Empowerment, as well as trialling a new programme component that aims lo iaGkle restriclbve
gender nomis by erYJaging with men.

Incorpornle thrn8 Women's Economlc Empowenn8nt bestptscti¢es Into new programm8S
After mapping out intemal best practices and learNngs from previous and current pr(4ects, we
fin81ised eight practices we wll be rolling out in the strategic period 2021-26. This year we
integrated thrèè of these pradices into all programmes: 1) disaggregated gender data for all
Indicators. 21 measuring women's decision making power consistenty across all new projects,,
and 3) making sure all proposals are g8nder-sensitive at a minimum (ideally gender-
transfomiatlve) using a ched(li8t we developed.
Employgrof choice.'Adas 8n employerof choke 8nd gstablish ourreptrtation ￿thIn the sector
to rataln and 8ttr8Ct top talent
This y8ar we introduced a hybrkl working model. including options for flexible working such as
ndensed hours) and successfully recruit8d new staff mmbers in FY21122. Hand In
Hand's annual le8v8 policy was benchmarked In Ilne wlth UK charlty sector employer8 in
March 2022 and the policy was updalad to offer enhanced annual leave from 01 April 2022.
As part of our commitmant to Improvlng d￿ver$ItY wthln the organisation wè ran diversity
tralnlng for the team In March 2022, and wlll be targe￿n9 groups who ar8 hlstorfcally
underrepresented wlthin the chadly sector in our recruitment for both paid and voluntary roles.

PLANS FOR FUTURE PERIODS
Hand in Hand Intémational's prtO￿tieS for the coming financial year, set durfng our annual
8trategic review, are:
Fundraislng
R8isg $1& IM in year, for thls 8nd fvlur8 yea
To achieve our goal of reaching 7m women across five countries by 2028 through our global
network we alm to raise $15.1M.
St8rt ralslng funds for8 fflh county
Our rnisslon to change Ilves by empowerfng wornen to beat the odds 8rKI succeed 88
gntrepreneurs 18 a global mission. To that end, we will idgntify a fifth country to d8livèr our lif8
changing programmes- a8 well as dete￿InIng the best way to expand. elther organlcally or
vla a partner5hlp.
Programmes
Increase bargalnlng power for wom8n
Our aim is not just for women to earn their own incomes but to control how they spend it. and
clalm tha rlght to make themselves heard both 8t home and wSthln their communilles. Thls
year we wlll secure funding for one flagship project to roll out best practice in Women's
E¢onomi¢ Empowemient.
Achleve extemal r8cognitlon lor the r8sults 8chleved In our 8cceler8tlon programmes
We glve women er)trepreneurs the tools and support they need to expand their businesses,
reach larger markets, and creat8 Job8 wlthln Ihelr communltles. We alm io help 30% of our
entrepreneurs launch micro8nlerpris8s earning well al)ove the intemalional povety line, with
accelerator schemes to comprise 20% of our programme portfollo. We wlll share our r8suMs
and leamings with the geGlor, gnabling other organisations to help small businesses owners
tran8fom local economles, Improvlng Ilvellhoods 7Aa a multlpller effect.
Achleve 8xt8mal recognit￿n for planet-frlendly agriculture
Hand In Hand 18 bullding a new, scalable mod81 for planet-posltlve agrI￿ltUre wlth and for
farming entr8pren8ur8. These agricultur81 lechnique8 can restore soil degraded by intensN8
laming, trap harmful carbon emlsslons and boost famers, incomé. As part of this work we
wlll share what Y￿ have learned about regenerative agricajtture and the drcular economy wlth
the wlder development sector - helping the world's poorasl fam18rs to fight back againsl
climate change.
Best In class data
Hand In Hand's data driven approach enables us io constsntly monitor and Improva on the
effectiveness of our programmes. We will create a digilal data d88hboard to prowde fast,
accurate Insights for all major Kenya proj8Cts and 'Maglc 4. outcome targets (members
reached, jobs cr8aied, incom8 raised, women's decision making power) in evgry ono of our
East African programrnes.
A s8ctor.b88tlng te8m
io

Acling as an Employer of choice - w8 VAII seek to achieve a r8comm8nder score of 80%.
measured via our annual staff survey. Recognlslng that dlverslty drlves excellence and
Innovatlon w8 aim to become an inclusive and diverse employer - 33DA of naw staff and
volunteers lo be recrulted from groups that are hlstorlcally underreprèsented in Ihe charity
sèctor.
STRUCTURE AND GOVERNANCE
The Trustees present thelr r8port and the aud￿ed financlal stat8m8nts for the year ended 31
March 2022.
Th8 financial stat8m8nts have bgen prepar9d in accordance wtth the accounting polices set
out therein and comply with the charity'5 goveming docurnent, applic8ble laws and Accounting
and Reporting by Charilieg.. Slatemenl of Recommended Practice, applicable to charities
preparlng their accounts in accordance with tha Financial Reporting Standard appllcabl8 In
the United Kingdom and the Republic of Ireland (FRS102).
Govemlng Oocumont
The charity wa8 f•glstered by trust deed on 18 February 2006 and registergd as a charity on
that dat8.
R•crultm•nt and Appolntment of Truste••
As set out in the Trusl Deed, the Board of Trust8es nominates the Chair of the Trustees. The
Board has powers to appoint additional Tru8t888 as it con8id8rs in-line with skills required.
Inductlon and Tralnlng of New Truataoa
New Trustees are consldered on the bas18 of any gap8 In the sk1118 of the board. They are
invited to m88t the 8XlSting Trustees and senior members of stsff and familiarise Ihemselves
wilh th8 work of Hand in Hand Intemational. Further tr8inin9 is provided on an on-going basis
in line with the identified needs of Truste88. Trustees sign a conflict of interest dec18ration
each year. Trustees receive safeguarding training and Sign the safeguarding code of conduct.
Public Banofft statement
The Trustees confirn Ihey h8ve complie(I with Section 17 of the Charrti88 Act 2011 to h8Vè
due regard to the Charfty Commlsslon's general guidanc8 on public benefit, 'Charrties and
Public Benef￿.
8erlou8 Incld•nt8
There was one serious incident reported lo the Charity Commission In FY21122. This was not
investigated further and was closed by the Charity Commission.
Rlsk Managofflont
The Trustees have a duty to identify and revi8w th8 risks to vthich the charity is exposed and
to ensure appropriate contrds are In place to prO￿d8 r8asonabl6 assurance agalnst fraud and
error. The Trustees have assessed the major risks to which the charity is expr)sed, In
li

particular thi)sg r91atiro to Operational areas of the charity, it$ ￿veStMents and finences. A
written rlsk register is in place and revievAd 8t 8v8ry Board m88ting. This lists the key rfsks
the Charity faces and puts in place mitigatSng controls. The Trustees believe that by monitoring
reserve levels. by ensuring controls exlst over kèy financial systems and by examining the
operational and business risks faced by the charity. they have established 8ff8Ctivo systams
to mltigats those dsks.
The Trustees are continuing to monitor the funding risk related to the expect8d econornic slow-
down relating to th6 COVID-19 pandemic, the war in Ukraine and the ¢ost of living uisis. As
a miligalion, the charity will continue to manage core costs tlghlly, wtth quarterty budget
revsews. and adjustments If requlred. The organlsation has also begun investing reserves Ir)
fundraislng capaclty and wll continue to do so in the new financlal year.
Slnce the change in regimé in Afghanistan In the summer of 2021. Hand in Hand
Internatlonal's network partner Hand in Hand Afghanlstan has been glven pemlsslon to
continue op8rations to doliver projects and support vulnorable communlti8s. As a mitigatson
measure to the ongoing ri8ks. the trustè88 and manag6m8nt team 8r8 monlloring the silu8tb?n
closely and kggplng in r8gular contact with the Chalr and management team of Hand in Hand
Afghanistan. Funders to prtyrammes in Afghanlstan are regulady informed of any changes.
delays or r16ks. Hand In Hand Afghanistan has secur8d funds dlrectly through UN OCHA and
through Hand In Hand Sweden. rnduclng Its rellance on Hand in Hand Internatlonal and
unrostdct8d funds.
Inwslffl•nt Pollcy
Hand in Hand Int9m81ional r8C8iv88 Income for ongoing prolects over a three lo five y8Br tim8
horizon and budgets to expend 811 anticipated income, except for retaining 8 prudent amount
In reserves. It h88 no pemanent endowmenl and provldes for capit81 expendlture wlthln
budget.
Consequent￿, the Trustees do not consider it prudent lo inve81 income for the longer term. Ils
policy is to retain funds as cash arKI pl8c8 Iham on bank d8po8it at the best rateg available.
R•mun•rntlon ol Staff
Thè gov8ming principles of the Charty's remuneration policy a￿ 88 follow8:
To ensure delivery of th8 Charlty's oblectlves
To attract and r8taSn a motivated workforce with the skllls and 8xpert188 nec88sary for
organisational 8ffectlveness
That remuneration should be equiiable and coherent across the orgenigation
To take account of the purposes, aims and values of the Charity
To ensure that pay levels arKJ pay Increases are approprfate In tha ¢ontexts of th8 Int8r88t
of our beneficiaries.
Salades for exlsting and new roles are bgnchmarkad agalnst Sector salary reports to ensure
that they are within acceptsble ranges ft)r the not-for-profit sector.
12

Sonlor Exocutlvo Romuneratlon
In relation to deciding remuneration of the charity's senior exocJJtives, the charity considers
the potential impact of remuneration levels and structures of senior executivés on the wider
Charity workforce and wlll take account of the following additional winciples-
To ensure that the charity can access the types of skills. experiences an¢J competencies
that it needs in ils senior staff. the specific scope of these roles In the Charity and th8 Ilnk
to pay.
The nature of the wd8r 8mploym8nt clfer rnade to $8nior èmployment where pay is part
of a packag8 that Includes ￿rsonal d8V8lopm8nl. personal fulfilment and association with
the publlc benéfit delivered. The Charlty recognise5 that it Is. on occaslon, possible to
attract senior oxocutives at a dlscount to publlc sector or private sector market rat8S.
In line with the recommendation8 of the NCVO Inquiry into Ex8CUtiV8 R8mun8ration
published in April 2014. the charity has decided to disclo88 the remun8f8tion of the Kay
Management Personnel. Th18 Ss dlsclosed In note 5 of the accounts.
Golng ConrArn
Thè trust88s have assessed the use of going Concern and have considered possitqe events
or condltlons that might cast swJnrficant doubt on the ablllty of the charity to conllnue as a golng
ncem.
The trustees have made this 888essment for a period of at least one year from the dat8 of tha
approval of these fin8nci81 statements. In particular. th8 trustees have con8id8red th8 oTrJoing
effect of economlc slowdown and the crlsls In Ukralne. As Hand In Hand Intematlonal does
not rely heavily on Indlvldual givlng the rfsk Is not considered to be high.
The char(ty'8 naw slrat8gic plan to 2026 was launched in the ygar. The new slrateglc plan
includes ambitlOU8 goals to incre88b tho charity's income and impact. Thg cash flow to 31
March 2024 Indicates that the charlty ￿11 conlnue to be able to meet Ils flnanci81 cornmltrnents
through the year and for a perfod of at least one year from the dale of approval of these
financial statements
REFERENCE AND ADMINISTRATNE
Tru•tO08
Th8 Trusl88s In offic8 durlng th8 yèar w8r8'.
Mr. Bruce Grant
Mr. John Barrett
Dr. Madhvi Chanral
Mr. Carsten Jorgensen
Mr. Lars G Josefsson
Mrs. Paola Uggla
Ms. Stephanie Whlttler
13

FINANCIAL REVIEW
Total income for the year ￿as £6.626,774. This was a decroase of £95.564 {b8ing 1%) on the
prèvious year. A significant one￿ff donation was recelved In the prevlous year contrlbuting to
thi5 decreaso. The proportlon of unreStr￿ed Income received in the year remained largely
consistent, Sncreasing slighuy frorn 9% to 12trA.
Unre3tr￿t9d expenditure ha8 decreased by £405,806 (being 41%) due to there being an
exchange gain this year or £130.169 vthere there wa5 a105s of £356,285 In the prior year.
Net income ha8 remalned p05Ftlve thls year h￿th a surplus of £968,281 (2021: £1,058.336).
There is a surplus In both r8strlcted and unrastrlcted funds fesulllng in an increase in both
funds going into the next flnanclal year.
The restrlcted and unrestrlctad fund balances for the year ended 31 March 2021 have been
restated to bettsr represent the income, and associated expenditure. rècbiv8d as part of donor
funding which is included under strategic and financial programme support in programme
budgets. Where previously thi$ had been indud8d in unre8trict8d funds, il has b88n restal8d
thln the relevant restricted fund. Thls has resultéd In higher r8Strfct8d fund balanc8s. Th8
reslrfcted fund balance as at 31 March 2021 has been restated as £3,731,433. bthefe
previously St wa8 £3,458,414. This Is an increase of £273.019. The unrestricted fund balance
as at 31 March 2021 has been reststed as £429,705, where previously il was £702.724. For
moro detail about tha movement in funds and the restatement see Note 14 to th9 a￿ount$.
Re•erveA Pollcy
Total funds at 31 March 2022 are £6.558,405 {2021'. £5,588,124). Thlg18 an overall Incr8888
of £968,281 on the prior year.
Unre8lrlcted free reserves are £780,774 0131 March 2022 (restated total for 2021.. £398,917).
The reserves policy is lo hold 6 months, expenditure whKh Is equal to £668,500.
Unrestricted free reserves are èqual to approximately 7 months, of core oxpgnditure and
Iherefore the tsquirèd balanc8 is held al the year end. The surplus will be spent on UK
expenditure in FY22123.
The deslgnated fund has reduced slightly to £1,204,518 (2021.. £1,426,986). The d8cr8as818
due lo repayments on the EIF loan recelved In the y8ar Nthlch has reduced the loan debtor
balance whith makes up part ol the designated fund. The rernaining part ol the designated
lund. which r8lal8s to covering the cost of increasing the team's headcount as part of tha
strategic p18n lo 2026. has remained unchanged.
The movements in restrfcted, unrestricted and deslgnated fundslg shown in Note 14 to the
accounts.
14

Fundralslng
Hand in Hand does not 8mploy third paty fundraisers and do88 notfundrais8 Vdith the g9neral
public.
We follow the Charity Commlsslon's and the InstitLrte of Fundralslng's guidancè on best
practice in fundraising.
During th8 y8ar there were no complaints about fundraising.
Trustees. Responslbllltle8 In relatlon to the Flnanclal Statement•
The trustees are responsible for preparing the Trust88s' Report and th8 financlal stat8m8nts
In accordance wlth applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practlce).
Char5ty law requlres trustees to prepare financial statements for each flnanclal year whlch g
a true and falr view of the state of the affairs of the charity and of its income and expendlture
for that perfod. In preparing these financial slalements, the trustees are requlred to:
Select sultablg accountlng polSclg8 and then apply them conslstenly.,
observe the methods and principles of the Charlti09 SORP;
make judgements and estimates that are rgas¢Jnable and prudent;
stste whether applicable accounting stsndards, including FRS 102, have been
followed, subject to any material departures disclosed and 8xplained In ihe financAal
statements;
state whether a Statement of Recommended Practice ISORP) appli88 and has
been followed, subject lo any matsrlal departur88 whlch are explaln8d In the
flnancSal statements;
prepare the financial statements on the going concern ba818 unl888 It 18
Inapproprlate to pr8sume that th8 charity contlnu8 In busSn8S5.
The Iru81888 are r88pon8lbl8 for keeplrYJ proper accountlng reoyd$ that dl8c108e ¥￿th
reasonable accuracy at any tsme the financial posStion of the charfty and onable them to ensure
that the financial statements comply with the Charities Act 2011. They are 8180 responsible
for saf8guarding the assets of th9 charlty and hence fLY taklng reasonable steps for the
prevention and detection of fraud and other irregulant18$.
The trusté8s are responslble for the maintenance and Integrty of the corporats and finandal
information included on the charitable companys website. Logislation In the Unlted Klngdom
gov8rnlng th8 preparation and dlssemlnation of financlal 3tatements may drff8r from1ogls1a￿on
In olherjurisdictlons.
Is

In so far as the trustees are aware:
• There is no relevant audit infomiation of the thariiab19 compan￿6 auditors are
unaware; and
• Th8 trustees have taken 811 steps thal they ought to have taken to make themselves aw8re
of any rélevant audit infonnation and to establish that the auditors are aware of that
information.
Day to day m8nagomont of tho tharity is delogated to Dorothea Amdt and th8 8enior
m8nag8ment team.
vad by the Trust
and s￿ned on their behalf by..
1510912022
Chalmian Hand In Hand Intafnatlonal
16

Independent auditorfs r•port to tho trusteos of Hand in Hand Int•rnatlonal
Opinion
We have 8udited the accounts of Hand in Hand Intemational (the 'tharity') for the year ended
31 March 2022 which comprise the stal8ment of financial actiwties, the balance sheet principal
accounting policies and the notes to the aC￿Unt8. The financial reporting framevdork Ih8t has
been applied in their preparation is applicable law and United Kingdom A¢wunting Standards,
Including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland, (Unlted Klngdom Generally Accepted Accounting Practical.
In our opinion. the accounts:
g1￿ 8 true and fair vlaw of th8 staté of the ch8rftVs affalrs as at 31 March 2022 and of
its incOff￿ and expenditure for the year then 8nded',
have bean prop8rly prepared In accofdance wllh Unlled Klngdom Generally Accepted
Accounting Practice. and
hava b88n prepared In accordance wlth the roqulrernents of the Charltles Act 2011.
Bas18 for oplnlon
We conductod our audit in accordance bmth International Standards on Auditing (UK) IISAS
IUKI) and 8pplicable law. Our r8sponsibiliti8s undèr those Standards are further d98cribed in
the audrtor's responsibilities for the audit of the accounts section of our report. W8 arè
independent of the charity in accordance with the elhic81 requirements that ere relevant to our
audit of thé accounts in thè UK, Induding the FRC'S Ethical Standard, and we have fulfilled
our oth8r ethical r8sponsibilitios in accordance with thes8 requlrements. We believe that the
audit evidence we have obtalned is sufficient and approprfate to provld8 a basis for our
oplnlon.
Concluslon* r•l•tlng to golng COn￿M
In auditlng the accounts, we have concluded that the trusta88' usa of th8 golng concem basis
of accounilng In the preparatlon of the accounts Is approprlate.
Based ￿ the V￿rk we have perforned, we have not Identlfled any matertal uncartalntles
relating io events or conditions that, individually or collectively, m8y Cast signrficant doubt on
the charitys ability to continue as 8 golng concem for a period of at least ￿e1ve months from
when th8 accounts are aulhorised for issue.
Our r8sponslbllllles and the r8spon8ibillUes of the trustse8 vAth respect to golrKJ con¢em are
described in the relevant sects'ons of this reporL
Other Infomiallon
Th8 trust88s are r88ponsible for th8 Other infom)ation. Thg Qth8r information comprises the
Information Sncluded In the annual report. other than th8 accounts and our auditorfs rewt
thereon. Our oplnlon on the accounts doe5 not cover the other Infomiatlon and we do not
express any fomi of assurance conclusion thereon.
In connection with our audit of the accounts. our r8sponsibility is to read tha other Informatlon
and. in doing so. consider whether the other information is materially inconsistent the
accounts or our knovAedge obtained in the audit or otherwise appears to be rnaterialty
misstated. If we identify such material inconsistencies or apparent material misstatements. we
are required to deternine whelhef there is a material misslalement in the accounts or
17

materkgl misstatement of the other infomation. If, based on the wort( we have perfornied, wa
conclude that thgr8 is a malari81 misstat8m6nt of this other infonmatlon, ￿ are raquired to
report that fad.
We have nothing to report in this regard.
Matters on whlch wg are rgqulred to rnport by •xc8ptlon
We have nothlng to raport In respect of the following matters In relation to whlch the Charlties
Act 2011 requires us to report to you rf, in our opinion:
the inf¢)rmab'on given In the trust888' annual r8p¢Jrt Is Inconslstent In any materlal
respect wth the accounts., or
suffiuent accounting records have not b88n kepl., or
the accounts are not In agreement w￿h the accounung records and retums; or
we have not receNed all th? infomation and explanations we requlre for our audlt.
R•sponslblllllo8 of trustso8
As 8xpl8inad mor8 fully in the trustee8' respongibilrties statement, the trustees are responsible
for the preparatlon of the aC￿UnIS and for being satisfied that thèy givè a trua and fair view,
and for such internal control as the trustees deterrnine is necessary to enable the pr8paratlon
of accounts that ar8 fr88 from material mlsstatement, whether due to fraud or error.
In preparlro the accounts, the trustees are responsible for assesslng the charlty's ablllty lo
Continue as a going conc8rn, disclosing, as applicable, matters related to going concem and
uslng the golng conLYm basls of accounlrvJ unless the trustegs ellher Inlgnd to liquldate the
harfly or to ce88e operations, or have no reallstk altemallve but to do 80.
Audltof 8 r•spon8lbllltlo8 for the audlt of th• accounts
Our objectives 8rg to obtsin reasonabl8 888urancè about vth8ther the accounts 88 a v#hol8
are free from material misstatement, whether due to fraud or error, and to Issue an audllor's
report that Includes our opinlon. Reasonable assurance Is a hlgh level of assurance. but Is not
a guarantee that an audlt conducted in accordance with ISAS {UK) will always detect 8 material
mls8tatement whgn It 8XI8ts. Ml88tatem8nts can aris8 from fraud or error and are consldered
material il, irKlividually or In the aggrngala, th&y could r8asonably b8 8xpect8d to Influerth the
economk declsions of users taken on the basis of these accounts.
lffegularlties, Indudlng fraud. are Instanc88 of non-compllanc8 wlth laws and regulallons. W8
desSgn procèdures in line with our responslbilllles, outllned above, lo detect materfal
mlsstalements In respect of Irregularities. induding fraud. The extent to whlch our procedures
are capable of detgding irregularities, including fraud 15 d9tsiled bebw..
Our approach to identifylng and assesslng the rfsks of matedal misstatement in respect of
Irregularfties, Includlng fraud and non-compliance with laws and regulations, was as follows..
the angag8m8nt partner ensured that the engagement team cx)Ilectively had the
appropriate competence. capabililles and skllls to identfy or recognlse non-compliance
with applicable laws and regulations;
we identified the laws and regu￿tionS 8pplicat48 to the charity through discussions
wlih management. and frorn our knovAedg8 and expèriénce of the sacior,.
18

Audftor'g re8ponglbllltlo9 for th• audit of the aKounts {continue(l}
we focused on specific laws and regulatlons whlch we consldered may have a direct
material effect on the financial statements or the operations of the Charity, including
data protèction leglslalion, antl-bribery, safeguarding. employment, health and Safety
18g5s￿tiOn.
we assessed the extent of compllance wlth the laws and regulations Identtlled above
through making enquiries of management and inspecting I￿81 correspondence; and
identifiod laws and regulations ware communicated within the audit team regulady and
tèam remainèd alert to in5tsn¢es of noTrcompllance Ihroughout the audit.
We assessed th8 SLlSC8Ptibility of th8 Charty's financlal statements lo materlal misstatement.
Includlng obtalnlng an understanding of how fraud mlght occur, by..
maklng 8nqulrles of managément as to where they considered there was susceptlblllty
to fraud, their knowledge of actual, suspected and alleg8d fraud: and
considerlng the Internal controls In place to mitigatè risks of fraud and non-compllance
with laws and regulations.
To addre55 the rlsk of fraud through management bias and override of controls, w8:
perfomied analyilcal procedure8 to Identlfy any unu8U81 or un8xp8Ct8d relallon8hlp8'
188t8d Journal 8ntrles to Ident5fy unusual transactlons., and
assessed whether judgements and assumptions made in detemining th8 accountlng
estlmates s81 out In th8 accounllng pollcles wgre Indlcglive of polentlal blas. In
rèsponse to th8 risk of irrègularities and non4ompli8n¢e wlth laws and regulauons, v
dèsigned procedures which included, but were not limited to..
agreeing financial statement disclosures to undedying sUPPOrting documentation.,
reading tha minutes of organisation meetings,.
enquirfng of management as to actual and potentlal Iltigalion and ¢lalm8; and
r8vl8wing any 8vailablg Correspondence wlth HMRC (where relevant) and the Charftys
legal adTrlsors (although none wa8 noted 88 bèiro recebved by the Charity).
As 8 result of our procgdurgs we not Id8nUfy any key audlt matters relallng to Irr8gularbtl88.
There are Inherent Ilmltattons In our audit proc8dure8 d8scdb8d abov8. The more removed
that laws and regulations are from financlal Iransacllons. the less likely it 18 that we would
become aware of non-compliance. Auditing standards also15mSt the audlt procedures requlr8d
lo identrfy non-cornpliance with law5 and regulations to enquiry of the trustees and other
management and th8 In3pectton of regu1810ry and legal corre5pondenc8, 11 any.
Mat8rSal mlsstalements that arise due to fraud can be harder to detect than Ihose thal arfga
from error as they may Involve dellberat8 conc8alm8nt or collusion.
A further description of our responsibillties for thè audit of the accounts is located on the
Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This
description forms part of our auditorfs reporL
19

Use of our report
This report Is made solely to th8 chaw's twstees. as a body, In accordance with sectlon 144
of the Charilies Aci 2011 and with regu18tions made under section 154 of that Act. Our audit
work has been undertaken so that we might slate to the charitys trustees those matters we
afe required to staté to them In an audttofs rèport and for no other purpo58. To the full8st
extent pemiitted by law, we do not accept or assume responslblllty to anyone other than tha
charity and the chariws trustees as a body, for ouraudit work, for Ihis report, orfor the oplnions
W8 hav6 fomied.
Bu2zacott LLP
Statutory Auditor
130 Wood Streel
London
EC2V 6DL
Date: 21 September 2022
8uzzac4)tt LLP 18 eliglble to act 88 an Audllor Sn t8m)s of 8ectlon 1212 of the Companles Act
20

r¢0
1fir￿J
)w)
Nole
lilli JI 8
uoJgo)oJfn ZE￿

Balanco Shoot as at 31 March 2022
Not8
2022
2021
Flxod Assets
Tangible Ass8ts
29,853
32,788
Dobtors: Amounls
du• boyond on• y•ar
377,395
753,537
Current Assets
Debtors
Cash al bank and In
hand
1,501,484
100,086
4,945.451
6,446,915
4,737,432
4.837,518
Crndltors: Arnounts
duo In on• yaar
10
297,758
35,719
Net current assets
6,526,552
5,555,336
N•t a•sot•
11
6,556,405
5,588,124
Fund•
Re8lrScted funds
Unrestricted funds..
Designated fund
Unr881rfcted funds
4,541,260
3,731,433.
1,204,518
810,827
1.426,986
429,705.
Total fund•
14
6.556,405
5,$88,124
he furKts for the year pnded 31 Marth 2021 hav9 bean restatsd. Sea nots 14: Movement
In Funds for further detall.
The notes on pages 24 to 36 lorm part of Ihase accounts.
Authorlsed for Issu6 and approved by the Trustees on
ISIYL
Chalnnan
22

Cash How Statomont for tho year ondod 31 March 2022
2022
2021
Cash flows from operatlng actlvltlos
968,281
1,056,336
Net Income for the year
Adjuslmenls for:
Inl6r8St R8c8ived
08preciatlon of fixed assets
(Incr88séydecrease in debtors
Increasel(de¢rease} in creditors
(175)
8,973
{1,025,236)
262,039
(3.844)
8,209
275.585
(203,088)
Not cash provldod by 0￿ra￿ng actlvlll•s
213882
1133 198
Cash flows from investing activities
Purchase of tangibl8 fixed 8S88ts
Interest r8celv8d
(6,0381
175
(3,859)
3.844
Not cajh (usod In) Inv•stlng acti￿tIO8
15
Chang• In cash and ca•h oqulvalont• In
th• y•ar
208,019
1,133,183
Cash and cash equlvalents at beglnnlng of
year
4,737,432
3,604,249
Cash and cash equlvalent• at •nd of tho
y•8r
4 945 451
4,737,432
No separate reLx)noliation of net debl has been pr&pared as Ihara is no drfference between
thg net cash (dgbt} ol the Charty and the cash and cash equlvalents.
23

NotOS to tho Financlal Statom•nls for the y•ar •nd•d 31 March 2022
1. Accountlng pollclos
The financial statements have been prepared in accordance with the Financial
R•porting Standard applicable in the UK and Republlc of Ireland (FRS 102)- The charfty Is a
public benefit entty for the purposes of FRS 102 and therefore has also prepared its financial
statements in accordanc8 Trmth the Ststement of Recommended Practice applicab￿ to
charities prep8ring their accounts in accordance with the Financial Repoiting Stsndard
applicable in the UK and Republic of Ireland (The FRS 102 Charities SORPI and Charities Act
2011. The financial statements are prepared in sterling, which is the functional currenoy of the
charlty. Monetary amounts in these financial statements are rounded to the nearest pound.
Golng concom
The trustees have 888essed %thether the usè of going concem is 8ppropriate and have
considered possible events or rnnditions that might cast significanl doubt on the ability of the
charity lo continu8 88 8 going concem. The trustegs hav9 made thi8 assessment for 8 period
of at18ast one year from the dale of the approval of th8se financial statomonls. In particular.
the trustees hav& considered the charity's forecasts and projections and have taken account
of rK8ssures on Incom8 streams. After maklng enquiriés, th8 trustéés hav8 COndud￿ that
there is a reasonable expectation that the charity has adequate resources lo conlnue In
OP8rats'onal existence for the fore89gable futur8.
Thè trustees h8ve consid8r8d that funding continues to b8 at risk in the wake of continued
uncertainty and instability due to the COVID-19 p8ndemlc slow-dovm followlng the COVID-19
pandemic, however, this ri8k has de￿aSed in line with worldwide roll out of vaccin81ions.
As a mltlgatlon, the organlsatlon ￿11 contlnue lo manage core costs tlghlly, wth quartedy
budg8t rèviews, and adjustments if required. The organisation WTII also inv8St res8rv88 Sn
fundral8lng capacrty now.
The tharily therefore continues to adopt the going concem b8818 in preparing its linancial
8tat8ments.
b)
Al income 18 recognised when Ihere is entitlement to th8 fund8, th8 r8C8lPt 18 probable
and the amount can be m8asured reliably. Donations and grants are recognised in the
ststement of Financial Activities when rec&lvable. Where income Is recelved In advance of
meeting any p8rformance-related condltlons there Is not unconditional 8nlitlemant to th8
Income and lis recognillon Is deferred and indud8d In creditor8 8$ d8feTred Inwme
until tho perfomance-related condits'ons are MOL
Gifts in Kind 8r8 indud8d as donated ir￿rne at market va￿e at the time of ffjceipt
d)
Expenditure Is Sncluded In lh8 Statement of Flnanclal A¢tMti89 on an accruals basls,
Inclusiv8 of any VAT whlch cannot be recovered. Expenditure 15 iecognised once there 15 a
18gal or constructwe obligation to transfer eeLinomlc benafK to a third paty, It is probab￿ that
a transfer of economic benefits wll be required in settlement and the amount of the obligation
can be measured reliably.
All costs are directly attributable to specffic acttvities. Total exp8ndlture has been allocated to
ellher Direct Programmes. Fundraising or Support costs. Thls year UK exponditure on
programmes has been included in restricted 8P8nd under Direct Programmes (vthere
24

previously the policy was to include all UK expenditur8 in unr8strtct8dl. Prior year figures hav8
been restated in line wth this policy.
This yèar Fundraising e£)sts have been included as Direct Spend rather than Support costs as
fundraising is a core activity. Prior year figures havg bogn reslat8d in ling Wlth this policy.
Support costs are split out b8tw88n building costs, offic8 costs, audti f88s. legal and
professional fees, tru5tegs' expenses, staff and consuf(ancy costs. tr8vel costs, fundraising
costs and foreign 8xchang8 gainsllosses. The methodology of allocating support ￿Sts to
network partner countri85 was revised this year so that a percentage of costs were allocated
based on direct spend on charilable activities. Prfor yBar figuros have bgen reststed in line
wlth this pollcy.
Depreclatlon Is provlded at rates to writ8 off the cost of ea¢h asset by equal annual
instalments over their exp8Ct8d useful IIv8s as follows.
Office equipment
4 years
Leasehold improvements
10 year8
A88818 c08ting more than £500 are caplla1188d.
R88tricted funds ar8 to be used for specthc purpose8 as laid down by the donor.
Expftndltsjrft whlr.h mAe18 th8sA prft8da Is charged to the fund. All reslrfded programme
incorne to be sp8nt In the UK h88 been recognlsed as r88trict8d income, where pr8vlou81y th18
was recognised 88 unrèstrictèd income in line with Ihe treatment of expenditure.
g)
Unrestricted funds are donat5ons and other income receivable are g8nerated for the
objects of the charity.
h)
Deslgnaled funds are 8180 unrestrlcled funds but have been deslgnated by the tru8t888
for a particu18r purpose. Thè D88ign8led fund is made up of the EIF loan deblor value and an
amount for the Increase In headcount a8 set out In the 8trateglc plan.
Rent81 paym8nt8 und8r operating lea3e8 are charged 83 expenditure as incurred over
the tenn of the lease.
The charity OP8ral8s a defin8d contribution pension scheme. The a8sets ofthe schemg
are held separately from those of the charlty Sn an Ind8pandently admlnistered fund. The
pension cost charge repr9$9nts contributions payable under the scheme by the charity to th8
fund. Th8 charlty has no IlabSllly und9r the 3theme other than for the payment of those
c￿trIbUtIOns.
kl
Monetary assets and 118blltlles in foreign currencies are translated Into steding at the
rates of exchange ruling at the balance sheet date. Transactions in foreign currenues are
translated into stsrling at the rate of exchang8 ruling at the da18 of transaction. Exchange
differènces arè takèn into account in arriving at the net incoming resOurr￿S for the year.
Crltical accountlng estimato8 and area$ of Judgement
In the view of the tlilgtees in applylng the accountlng pollcles adopt8d, no judggments
Were required that have a 8ignfficant effect on the amounts recognSsed in the financial
statements nor do any estimates or assumptions mad8 carry 8 signrfi￿nI risk of material
adjustment in the next financial year.
25

other ilnanclal Instruments
Cash and cash equival8nts include cash at banks and short- tem) deposits with a
maturlty of three months or less.
Debtors and creditors receivable or payable withln one year of the reporting date are
earrled al thelr transaGtion price. D8btors and creditors that are rèc8ivabl8 or payabl8 in more
than one year and not subject lo a market rate of interest are rneasured al the present value
of tho axpacted future receipts or p8yment discountcd at a markot rato of Intorest.
2. Donatlons and Grants
Restricted
Unr9Stricted
2022 Total
Corporate foundations
Corporate donors
Indlvldual donatlons
Govemments and Institutk)ns
Trusts and Foundations
Events
4,028,303
602,977
136,777
425,839
641,183
4,028,303
695,279
240,226
425,839
763,668
463,909
92,302
103.449
122,485
463,909
5,835,079
782,145
6.617,224
Included within t)onations from Corporate Donors are Glfts-In4<1nd of £82.299 (2021: £90.985)
and the corresponding expenditur9 18 includ8d in Note 4.. An8ly3is of total 8xpanditur8.
Income from corporate foundalons Indudes InccAna of GBP 501,783 IEUR 591,8611 (2021:
GBP 643,180 {EUR 717,4671> from the IKEA Foundation for a multi-year pmJ8ct to develop
Hand in Hand'8 capacity in circular economic and regeneratlve agriculture.
Restricted
Unrestricted
2021Trtal
Corporate foundation3
Corporat8 donors
Individual donalions
Govemments and Institullons
Trusts and Foundation8
Events
3.970.093
937,555
179,667
369.362
684.494
5,000
95,938
319,532
3,975.093
1,033,493
499,199
369,362
776,359
23,720
91.865
23.720
6.141.171
536.055
6,677,226
26

3. N•t Expendlture
Net expenditure is stated after the followlng exp8ns8s".
2022
2021
Depreciation
Auditor's Remuneration".
Audit
Op8raUng1oase payments
8.973
8.209
9,295
61,109
10.680
85.241
27

e e E
r rL CL f&

2022
Supporting
people in
Afyhan18tan
SupportirvJ SupportiNJ Supp(Yting
people in
people In
people in
Indba
Kenya
Tanzanla
All costs
FuNJralslng
Analysis of
Support Costs
Building costs
Trademark¥
Office cost8
Audit fees
L8gal and
professlonal
Trust8è8' expen59¥
Staff and other
consultancy
Foreign exchange
galns
13,441
1,344
89
2,453
95,698
1.206
1,001
121
86.356
81
6,447
776
1,828
220
128,002
455
8,233
45
51,196
30
53,002
293
15,025
83
146,657
14,666
9,832
972
94,421
26.766
130,169
255,289
13.017
12,392
863
821
83.805
79,788
23.757
22,618
139,668
2021
Supporting
people
I costs Fundrai81ng Afghanistan
Supporting
people In
Kenya
Supporting
people In
Tanzania
AnalyslB of
Support Cost•
Bulldlng costs
Tradem8rk8
Offic8 costs
Audit 1808
Lagal and professlonal
Tru$tea$' expgnsos
Staff and olh8r
consultancy
Forelgn exchange
$88
48,557
116
22,173
16,298
96,985
120
4.856
12
2.217
1,630
9,699
12
6,312
15
2.882
2,119
12,608
16
29,620
71
13.525
9,941
59,161
73
7.769
19
3,548
2,608
15,518
19
116,120
11,612
15.096
70,833
18,579
356,285
656,654
49,360
79.398
62.469
101,517
168,164
350,388
77,292
125.352
29

5. Staff Costs and nUrn￿r$
2022
2021
Salarie5 and wages
Social sècurity costs
Pension contribution
642.704
71.506
39.389
753,599
658.503
74,323
42,053
774,879
The nurnber of employees earning over Lt5U,UUO in the year is as follows..
2022
Nos
2021
£60,000- £70,000
£70.000- £80.000
£90,000- £100.OCrt)
The average we8kly number ol employees (lull tlme equlvalents) durlng the year was as
follows:
2022
No8
2021
Nos
Operatlonal programme8
Fundraising and publicity
Management and admlnlstratlon
12.1
13.0
The average he8d¢ount of 8mploye88 Was 14 (2021: 14).
Key management personnel include the Trustees, Chlef Execullve and s8nSor staff reportlng
dlroctly to the Chlef Executlve. The total employee benefits of thg Charty's kay management
personnel werè £397,304 {2020121: £343,306). A hlgher number ol posltlon818 Sndudad th18
ar.
No trusteg rec8lv8d any remunerat1￿ or other 8mploym8nt benef￿ durSng the flnanclal year.
(2020121- none).
£455 relalSng to 2 trustees was spent on travel expens8$ for board m88tlng8 durlrrJ 2021122
(2020121.. 1 trustee, £1201.
Every year 8 charity sector pay benchmarking 8x8rcise Is carried OLrt to ensure that salaries
are In Iln8 with other similar organi5atlons.
In the year a benchmarking exercbse was also carrled ¢Jut as part of r8vl8wing the annual leave
policy which was then updated.
. Tuatlon
The charitable company is exempt from corporatSon tax as all its In￿Me is charitable and is
applied for charitable purposes.
30

7. Tangible fix•d 058ets
Leasehold
Improv8m8nts
Office
equlpment
Total
Cost
At 111 April 2021
Additions in y8ar
As at 31 March 2022
49,991
39,623
6.038
45,661
89.614
6,038
95.652
49,991
Depreclalon
At 1Jt April 2021
Charge in year
As al 31 March 2022
24,995
4,999
31,831
3,974
56,826
8.973
Nat book value=
At 31 March 2022
At 31 March 2021
19,997
24,996
9,856
7,792
29,853
32,788
AII fix8d assets are used lo fuffll the charity's objects.
. Long t•mi d•btorn
2022
2021
Rent Deposit
Enterprise incubation funds
43,320
334,075
377,395
43.320
710,217
753.537
The Entsrprise incubation fu￿1& have been made to Hand in Hand Eastsm Afrfca to enable
them to make mlcro•loans to beneflclarfes.
They ar8 public b8n8frt gntity conG98sionary loans that are not repayable on demand and were
loaned to the beneficlary as part of the purposes ol the charfty'8 object8.
There is a five year rep8ym8nt plan in plac8 for Hand in Hand Easlem Afric8 to repay the full
balan￿. In the year, two repayments wlth a toial valu8 of £231,519 werè made as part of the
repayment plan. £153,674 Is due to be repald In the yearto March 312023, and the remaining
balance of £334,075 is du8 to b8 repaid by March 312025.
31

9. Debtors: amounts due wlthln one year
2022
2021
Accrued Income
Other debtors
Prepayrnenls
EIF loan dué in one year
1,310,195
1,853
35,742
1S3,674
1,601.464
83,219
40
16,827
100,086
10. Crodltor•: amounts duo wlthln on• yoar
2022
2021
Trada Creditors
TaxatSon and sodal sècurtty
Accruals
251,135
23,385
23,258
297,758
20,449
15,270
35,719
11. Analy•l• of n•t 888•t8 b•twa•n funds
202112022
Restrict8d
funds
Unrostricted Deslgnaled
funds
Fund8
Total fiJnd8
Tangibl8 fixed assets
Current assets
Current Ilabllltles
Net assets as at 31
March 2022
29.853
832.971
52,197
29,853
6,824,310
297.758
4,786,821
245,561
1,204,518
4,541,260
810,627
1204.518
202012021
Rastrfcted
funds
Unrestrfcted De8ign8ted
funds
Funds
Total funds
Tangible flxed assets
Current assets
Current Ilabllltl88
Net assels as at 31
March 2021
32,788
432,636
32,788
5,591,055
3.731,433
1,426.986
3,731,433.
429,705.
1,426,986
5.588.124
Yhe funds for the year ended 31 Mard12021 havg been r8stat8d. See note 14: Movement
In Funds for furthèr det811.
32

12. Related parties
The followlrKJ transacttons were made during the years".
2021122
Connact8d Enlty
Nature or
relationship
Total Bmounl
8gnVlrecelvedl In
the
Amount owing to
conn8cl8d enlily at
ar end
Nature of
118n8actions
HIH Swedgn
Slsler
ntS81ion
Impl8menting
Partner
Implementing
Partner
Implementlng
Partner
Implementlng
Partner
Sl8ter
8ni8alion
Forw8rdlng
donations
Transfer for
243.995
HIH Kenya
2920516
HIH Tanz8nk9
Transfer for
ro
ects
Transf8r for
ects
Transfèr for
HIH Afghanlstsn
466,262
228,611
HIH Indla
Friends of Hand In
Hand
Don81k)n8
267 380
202012021
Connected Enuty
Nature of
relatk)n8hlp
Total 8mounl
8entllrecelvedl
the year
Amount owin9 to
conn8ct6d 8nllty at
ar énd
Nature of
trans8cllon8
HIH Swedgn
S181er
anisatlon
IMP￿rnantIng
Partner
Impl8manUng
Partner
Impl8mènUng
Partner
Implemenilng
Partner
SSst8r
anisallon
Forwardln9
donallons
Tran8f8r for
109752
HIH Kenya
2 208 375
HIH Tanzanla
Transfer for
591 049
HIH Afghan181an
Tr8n$fer for
HIH Indla
Tran$fgr for
ects
Donation8
Fr￿ndS of Hand In
Hand
121686
Amalia Johnsson is Chair of Hand in H8nd Eastem Afr￿8 and 18 8180 8 Trustee of Hand in
Hand Afghanistan and an 8mploy88 of Hand in Hand International.
Dorothea Amdt is a Trustee of Hand in Hand Eastem Afri￿.
Bruce Grant and Dorothea Arndt are Trustees of Frlends of Hand In Hand, 8 charfty reglstered
in the United Ststes of America.
Tran8actlon• wlth Tru•togs:
During the year 2021122 3 trustees donat8d to Hand In Hand Intematlonal (2020121: 2). These
trustees donat8d a tolal of £371,058 (2020121.. £220,313).
2 companies related lo trustees made donations In the year, including 1 donation in kind
(2020121: 5 donations from companies rekqtsd to trustaal. The total of these donations was
£241,754.
Donations from famlly members of trnstees w8r8 £130.090 in total.
33

13. Obllgatlons under op•ratlng loases
31 March 2022
Land and
buildings
31 March 2021
Land and
l)uildings
Other
Other
Within 1 year
Between 1-5 years
Between 5 and 10 years
60,529
201,290
67,314
248,350
32,830
348,494
261,819
1& Movom•nt• In funds
202112022
Balance
at
31 March
2022
Balanc8 at
1 Aprfl
2021
Income Expendllure
Transfers
R8slricted funds
Afghanistan
India
Kenya
T8nz8n18
21,174
797,681
(434.570)
37.779 422,064
104,810
(112,554)
7,745
2,849,103 3.652,206 (3,486,416) (14.459) 3,000,435
861.158 1,280,382
1,046,733
23,956 1 118.761
3,731,433 5,835,079 (5,080,273)
55.021 4,541,260
Unrestdcted funds
DesvJnat8d funds
429,705
1,426.986
5,588,124 6,626,774
791,695
{578,220)
167,447
810,627
{222,4681 1.204,518
6,556,405
5.658.493
202012021
Balance
at
Transfers 31 March
2021
Balance 8t
1 Aprfl
2020
Income
Expenditure
Restricted funds
Afghaniston
India
Keny8
T8nzan
101,212
717,013
110,￿7
1,284,226 4,238,153
451,113 1,075,038
1.836,551 6,141.171
(1,060,068)
(110,967)
(2,794,035)
716.905
(4,681,974)
263.017
21,174
120.759 2.849,103
51,910
861,156
435,686 3,731,433
Unrestricted fijnds
Designated funds
1.268,251
1426.986
4,531,788 6.722.338
581.167
{984.028)
(435,686) 429.705
1,426,986
5,588,124
5,666.002

More details of thèse reserve3 are given in tho Financial R8vi8W Within th8 Trust88s' Report.
The d8signated fund is made up of parts. It r81at8S to th8 EIF loan debtor balancg whlch
Is being repaid by Hand in Hand East Africa and ha5 therefore decreased in the year to 31
March 2022. The remaining part of the designated fund. which relates to covering the cost of
increasing the tsam's headcount as part of th8 Strategic plan to 2026. has remained
unchangad.
The restrlctéd and unréstricted fund balances for the year ended 31 March 2021 have been
restated to better represent th8 income, and associated expenditure, received as part of
donor fvnding Nvhich relates to slrateglc and financial programme supporL Where previously
this had been included in unrestricted lunds it has been r9Stated within the relevant
re8tricted fund.
35

I Ill
ro ￿ UJ
o)