2021-12-31-accounts

Trustees		AJ Smith
		Miss J M Smith
		VKOwen
		D Haworth
Charity	number	1115608
Principal	address	Atlas Works
		Paragon Road
		Longton
		Stoke on Trent
		ST31NR
Auditor		Price Pearson
		Finch House
		28-30 Wolverhampton		Street
		Dudley
		West Midlands
		DY1 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		t -7
Independent auditor's	report	8 - 11
Statement offinancial	activities	12
Balance sheet		13
Statement ofcash flows		14
Notes to the financial	statements	15-28

Mother Teresa Catholic Nursery School	-Completed
St Kizito Catholic Primary School	-Completed
Carlo Acutis Catholic High School	-Completed
StJohn Paul II Catholic College	-Completed
Mother Teresa outreach & family support	-Completed

			Unrestricted	Restricted	Total	Total
		Notes	funds f	fundsf	2021 6	2020 F
Donations and legacies			859,546	3,495	863,041	1,354,713
Other trading activities			331,530		331,530	362,885
Other income			89,433		89,433	109,374
Total income			1,280,509	3,495	1,284,004	1,826,972
EtgtetttotuttLtt0;
Raising funds		6	138,593		138,593	152,555
Charitable activities		7	1,100,659	7,914	1,108,573	2,176,511
Support &governance		9	371,912		371,912	347,090
Total resources expended			1,611,164	7,914	1,619,078	2,676,156
Net income/(expenditure)	for the year/
Net movement in funds			(330,655)	(4,419)	(335,074)	(849,184)
Fund balances at 1 January	2021		1,145,465	4,469	1,149,934	1,999,118
Fund balances at 31 December 2021			814,810	50	814,860	1,149,934

				2021		2020
			Notes	f		f
Fixed assets
Tangible assets			12		365,298		422,270
Investment	properties		13		423,750		423,750
					789,048		846,020
Current assets
Stocks			14	108,256		102,179
Debtors			16	30,660		34,962
Cash at bank and in		hand		26,100		263,986
				165,016		401,127
Creditors:	amounts	falling due within	17
one year				(139,204)		(97,213)
Net current	assets				25,812		303,914
Total assets less current liabilities					814,860		1,149,934
Income funds
Restricted	funds		18		50		4,469
Unrestricted	funds				814,810		1,145,465
					814,860		1,149,934

			Notes	2021 f		2020 f
Cash flows from operating		activities
Cash absorbed by operations					(235,628)		(806,318)
Investing	activities
Purchase	oftangible fixed assets			(2,258)		(798)
Net cash	used in investing	activities			(2,258)		(798)
Net cash	used in financing	activities
Net decrease in cash and		cash equivalents			(237,886)		(807,116)
Cash and	cash equivalents	at beginning	ofyear		263,986		1,071,102
Cash and	cash equivalents	at end of	year		26,100		263,986

			Unrestricted	Restricted	Total	Total
			funds	funds
			2021 6	2021f	2021 6	2020
Donations	and gifts		859,546	3,495	863,041	1,354,713
Forthe year ended 31 December 2020			1,353,088	1,625		1,354,713
Other trading		activities
					2021	2020
Covid appeal income						8,698
Revenue	from	sales			23,847	70,940
Elephant	bike	sales			177,320	189,752
Cycle ofgoods sales					130,363	93,495
					331,530	362,885

		2021	2020
		5	5
Other income		84,313	69,650
Coronavirus	Job Retention Scheme Income	5,120	39,724
		89,433	109,374

		2021	2020
F
Advertising ~T~in	&t	12,907	7,986
Elephant bike costs Cycle ofgoods costs Postage		44,242 50,904 30,540	53,017 60,557 30,995
		138,593	152,555

	Malawi	Seibo	Nigeria	Kenya	Sierra	Total	Total
					Leone	2021	2020
	2021 6	2021 S	2021f	2021 6	2021 f
Staff costs Charitable expenditure	39,004 254,347					39,004 254,347	151,475 404,506
Shipping - exports Transport costs (collections)	45,828					45,828	32,257 6
Volunteer expenses Covid appeal payments	29,799					29,799	21,277 8,698
	368,978					368,978	618,219
Grant funding ofactivities (see note 8)	600,000	135,925			3,670	739,595	1,558,292
	968,978	135,925			3,670	1,108,573	2,176,511
Analysis by fund
Unrestricted funds Restricted funds	963,244 5,734	133,745 2,180			3,670	1,100,659 7,914	2,175,957 554
	968,978	135,925			3,670	1,108,573	2,176,511
For the year ended 31 December 2020
Unrestricted funds Restricted funds	1,969,278 554	191,667	4,718	10,294			2,175,957 554
	1,969,832	191,667	4,718	10,294			2,176,511

				Malawi		Seibo	Sierra	Sierra	Total	Total	2020
							Leone			2021
				2021 6		2021f		2021f
Grants to institutions		(9grants):
Construction and provision School meals Stations ofthe cross			ofservices	600,000	135,925				600,000 135,925		1,351,613 191,667 15,012
Action for Rural community
transformation							3,670		3,670
				600,000	135,925		3,670		739,595		1,558,292
				Governance
Support costs
			Support costs				2021		2020	Basis	of
					costa					allocation
					8
Staff costs				246,365			246,365	215,993		Stalf time
Depreciation				59,230			59,230		68,192	Actual
Exchange gains Business rates General insurance				3,872 7,418			3,872 7,418		(3,351) 4,601 6,195	Actual Actual Actual
Utilities				23,379			23,379		9,094	Actual
Motor running costs				3,322			3,322		3,992	Actual
Telecommunications				1,236			1,236		4,408	Estimated
Printing, postage	&stationery			4,653			4,653		6,326	Actual
Sundry expenses				8,575			8,575		10,919	Actual
Repairs &maintenance				6,124			6,124		5,198	Actual
Legal &professional		fees		1,640			1,640		7,137	Actual
Recruitment									480	Actual
Travel expenses Bank charges				2,046 452			2,046 452		3,513 593	Actual Actual
Audit fees					3,600		3,600		3,800	Governance
				368,312	3,600	371,912		347,090

The average	monthly number ofemployees during	the year was:
		2021	2020
		Number	Number
Administration		13	17
Drivers		1	1
		14	18
Employment	costs	2021	2020
		6	E
Wages and salaries		259,768	335,021
Social security	costs	20,224	25,598
Other pension	costs	5,377	6,849
		285,369	367,468

Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
			Land and	Fixtures, Motor vehicles		Total
			buildings	fittings a
			improvementsf	equipment f	f
Cost
At 1 January	2021		580,575	32,343	12,720	625,638
Additions			2,258			2,258
At 31 December 2021			582,833	32,343	12,720	627,896
Depreciation	and impairment
At 1 January	2021		170,740	19,908	12,720	203,368
Depreciation	charged	in the year	53,149	6,081		59,230
At 31 December 2021			223,889	25,989	12,720	262,598
Carrying amount
At 31 December 2021			358,944	6,354		365,298
At 31 December 2020			409,835	12,435		422,270
Investment	property
						2021f
Fair value
At 1 January	2021 and	31 December 2021				423,750

Stocks
				2021f	2020 f
Finished	goods and goods for	resale		108,256	102,179
Financial	instruments			2021 f	2020f
Carrying	amount offinancial	assets
Debt instruments measured at		amortised	cost	24,115	28,266
Carrying	amount offinancial	liabilities
Measured	at amortised cost			133,409	84,696

Debtors	Debtors	Debtors
Amounts falling due			within one year:	2021f	2020f
Trade debtors				19,939	24,100
Other debtors				4,176	4,166
Prepayments	and accrued income			6,545	6,696
				30,660	34,962
Creditors: amounts			falling due within one year
				2021	2020
				f	6
Other taxation		and social security		5,795	12,517
Trade creditors				29,428	8,350
Amounts owed		to Krizevac Malawi		83,739	65,746
Other creditors				1,090	2,753
Accruals and deferred			income	19,152	7,847
				139,204	97,213

			Movement	in funds
		Balance at 1	Incoming	Resources	Balance at 31
		January	resources	expended	December
		2021			2021
		6	6	6	6
Unrestricted	funds:	1,145,465	1,280,509	(1,611,164)	814,810
Restricted	funds:
Give a Child Seibo Maze	a Chance Campaign	4,289 180	1,495 2,000	(5,734) (2,180)	50
		1,149,934	1,284,004	(1,619,078)	814,860

19	Analysis ofnet assets between funds
			Unrestricted	Restricted	Total
			E	6	E
	Fund balances at 31 December 2021 are represented	by:
	Tangible assets		365,298		365,298
	Investment properties		423,750		423,750
	Current assets		25,762	50	25,812
			814,810	50	814,860