2020-12-31-accounts

		AJ Smith
		Miss J M Smith
		V KOwen
		D Haworth
Charity	number	1115608
Principal	address	Atlas Works
		Paragon Road
		Langton
		Stoke on Trent
		ST3 1htR
Auditor		Priae Pearson
		Finch House
		28-30Wolverhampton		Street
		Dudley
		West Midlands
		DYt 1DB
Bankers		HSBC Bank	Pic
		Coventry DSC
		Harry Weston Road
		Binley
		Coventry
		CV3 2TQ
		First Capital	Bank Malawi		Limited
		Livingstone	Towers
		Glyn Jones	Road
		Private Bag	122
		Blantyre
		Malawi

			Page
Trustees' report			1-7
Independent auditor's		report	8 - 11
Statement offinancia	I	activities	12
Balance sheet			13
Statement ofcash flows
Notes to the financial		statements	15-28

			Unrestricted	Restricted	Total	Total
			funds	funds	2020	2019
		Nates	f	f		f
Don etions and legacies		3	1,353,088	1,625	1,354,713	1,880,941
Other trading activities		4	362,885		362,885	464,414
Other income		5	109.374		109,374	60,700
Total income			1,825,347	1,625	1,826,972	2,406,055
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Raising funds		6	152.555		152,555	104,590
Charitable acbvities		7	2,175,957	554	2,176,511	1,656,596
Support 8 governance		9	347,090		347,090	300,133
Total resources expended			2,675,602	554	2,676,156	2,061,319
Net (expenditure)/income	for the yearl
Net movement in funds			(850,255)	1.071	(849,184)	344,736
Fund balances at 1 January	2020		1,995,720	3,398	1,999,118	1,654,382
Fund balances at 31 December 2020			1,145,465	4,469	1,149,934	1,999,118

				2020		2019
			Notes	f		f
Fixed assets
Tangible assets			12		422,270		489,664
Investment	properkes		13		423,750		423.750
					846,020		913,414
Current assets
Stocks			14	102,179
Debtors			16	34,962		67,870
Cash at bank and in		hand		263,986		1,071,102
				401,127		1,138,972
Creditors:	amounts	fatling due vdthin	17
one Iraar'				(97,213)		(53,268)
Net current	assets				303,914		1,085,704
Total assets tees current liabilities					1,149,934		1,999,118
Income funds
Restncted	funds				4,469		3,398
Llnrestncted	funds				1,145,465		1,995,720
					1,149,934		1.999,118

							2019
				Notes			6
Cash flows from operating			activities
Cash (absorbed		by)/generated	from	1
operations						(806,318)		366,628
Investing	activities
Purchase	of tangible fixed assets				(798)		(39,237)
Purchase	of investment property						(130,000)
Net cash	used	in investing	activities			(798)		(169,237)
Net cash	used	in financing	activities
Net (decrease)ilncrease in			cash and	cash
equivalents						(807,116)		197,391
Cash and	cash	equivalents al beginning		ofyear		1,071,102		873,711
Cash and	cash	equivalents	at end of	year		263,986		1,071,102

			Unrestricted	Restricted	Total	Total
			funds	funds
				2020 f	2020	2019f
Donations	and	gifts	1,353,088	1,625	1,354,713	1,880,941
For the year ended 31December 2019			1,879,654	1,287		'I,880,941
Other trading		activities
					2020	2019
Covid appeal		income			8,698
Revenue	hom	sales			70,940	265,108
Elephant	bike	sales			189,752	124,177
Cycle ofgoods sales					93,495	75,129
					362,885	464,414

		2020	2019
		6	6
Other income		69,650	60,700
Coronavirus	Jots Retention Scheme Income	36,724
		109,374	60,700

Raising f	unds
		2020	2049
Advertising		7,986	2'l,603
Zradi0fLg2gig
Elephant	bike costs	53,017	47,976
Cycle ofgoods costs		60,557	18,549
Postage		30,995	16,462
		'I52,555	104,590

				Malawi	Rwanda	Selbo	Nigeria	Kenya		Total 2020	Total 2019
				2020	2020	2020	2020	2020
				f			f	f
Staff costs				151,475					151,475		117,267
Charitable		expenditure		404,506					404,506		436,876
Shipping	-	exports		32,257						32,257	115,718
Transport	casts (collections)			6						6	72
Rent											7,236
Volunteer	expenses			21,277						21.277	11,010
Covid appeal			payments	8,698						8,698
				618,2'i9					618,219		688,179
Grant funding			of activities (see note 8)	1,351,613		191,66'7	4,718	10,294	1,558,292		968,417
				1,969.832		191,667	4,718	10.294	2,176,511		'l,656,596
Analysis	by		fund
Unrestricted			funds	1,969,278		191,667	4,7'I8	10,294	2,	175,957	1,656.596
Restricted		funds		554
				1,969,832		191,667	4,718	10,294	2,	176,511	1,656,596
For the year			ended 31December 2019
Unrestricted			funds	1,394,791	897	247,607	13.301				1,656,596

8	Grants payable
		Ilalawi	Ssiba	Nigeria	Kenya	Total		2019
							2020
		2020f	2020 f	2020	2020 f		f.
	Grants ta institutions	I15grants):
	Construction and
	provision ofservices	1,351,613				1,351,613		706,612
	School meals		191,667			191,667		247,607
	Stations of the cross			4,718	10,294	15,012		12,539
		1.351,613	'l91,667	4,718	10,294	1,558.292		966,758
	Grants to individuals	(0
	grants)							1,659
		1.351.613	191,667	4,718	10,294	1,558,292		968,417
9	Support costs
		Support costs Governance costs			2020	2019	Basis of aI location
			f	f
	Staff costs		215,993		215,993	159,629	Staff time
	Depreciation		68,192		68,192	63,319	Actual
	Exchange gains		(3,351)		(3,351)	2,121	Actual
	Business rates		4,601		4,801	6,093	Actual
	General insurance		6,195		6,195	5,0'72	Actual
	Utihties		9,094		9,094	21,631	Actual
	Nlotor running costs		3,992		3,992	5,104	Actus	I
	Telecornrnunications		4,408		4,408	139	Estimated
	Printing postage 8 stationery		6,326		6,326	4,315	Actual
	Sundry expenses		10,919		10,919	5,524	Actual
	Repairs & maintenance		5,198		5,198	7,667	Actual
	I egal &professions!	fees	7,137		7,137	5,614	Actus	I
	Recruitment		480		480	2,836	Actual
	Travel expenses		3,513		3,513	5,567	Actus	I
	Bank charges		593		593	702	Actus	I
	Audit fees			3,800	3,800	4,800	Governance
			343,290	3,800	347,090	300,133

The average	monthly number of employees duding	the year was;
		2020	2019
		Number	Number
Administration		17	14
Drivers		1	2
		16	16
Employment	coats	2020	2019
		6	5
Wages and salaries		335,021	260,666
Social security	costs	25,598	11,172
Other pension	oosts	6,849	5,058
		367,468	276,896

12	Tangible fix	ed asseR
				Land and	Fixtures, sister vehicles
				buildings	fittings a
				improvements	equipment
				6	8	5
	Cost
	At 1 January	2020		580,575	31,545	12,720	624,840
	Additions				798		798
	At 31 December 2020			580,575	32,343	12,720	625,638
	Depreciation	and impairment
	At 1 January	2020		108,507	13,949	12,720	135,176
	Depreciation	charged	in the year	62,233	5,959		68,192
	At 31 December 2020			170,740	19,908	12,720	203,368
	Carrying amount
	At 31 December 2020			409,835	'l2,435		422,270
	At 31 December 2019			472,G68	17,596		489,664
13	Investment	property

14	Stacks
						2020	2019
							5
	Finished	goods and goods for			resale	102,179
15	Financial	instruments				2020	2019
						5
	Canying	amount	of financial		assets
	Debt instruments		measured	at	amortised cost	28,266	'72,941
	Carrying	amount	of financial		liabilities
	Measured	at amortised cost				64,696	47,969

Debtors
				2020	2019
Amounts fallilng due			within one year:	8	8
Trade debtors				24,100	28,741
Other debtors				4,166	35,799
P repayments	and accrued income			6,696	3,330
				34,962	67,870
Creditors: amounts			falgng due within ane year
					2019
					8
Other taxation		and sacial security		12,517	5,299
Trade creditors				8,350	36,923
Amounts awed		to Krizevsc Malawi		65,746
Other creditors				2,753	5,046
Accruals and	deferred		income	7.847	6,000
				97,2'l 3	53,268

			Movement	in funds
		Balance at 1	incoming	Resources	Balance at 31
		January	resources	expended	December
		2020			2020
		8		8	8
Unrestricted	funds:	1,995,720	1,825,347	(2,675,602)	1,145,465
Restricted funds:
Give a Child	a Chance Campaign	3,218	1,625	f554)	4,289
Seibo Maze		180			160
		1,999,118	1,826,972	i2,676, 156)	1,149,934

19	Analysis ofnetass~ between funds
			Unrestricted	Restricted	Total
			6		6
	Fund balances at 31 tiecember 2020 are represented	by
	Tangible assets		422,270		422,270
	Investment properties		423,750		423,750
	Current assets		299,445	4,469	303,914
			1,145,465	4,469	1,149,934

payments
	2D20	2019
Within one year	67.289	59,950
Between two and five years	119,300	179.850
	188,589	239,800