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Nuevas Esperanzas UK – Annual Report 2022
The Trustees present their annual report and accounts for the year ended 30[th] June 2022.
Mission, Vision and Values
Nuevas Esperanzas UK is governed by a Trust deed which gives the trustees the power to apply the funds for the relief of poverty in Nicaragua.
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“Our vision is a just and free society in which we are all able to fulfil our God-given potential, looking to the interests of others as well as ourselves.”
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“Our mission is to provide practical and technical assistance to communities in Nicaragua as they seek to establish sustainable livelihoods which lift them out of poverty and to encourage transformational development, both material and spiritual, at all levels of society.”
Nuevas Esperanzas supports this mission through its team of local staff by facilitating projects in a wide range of sectors including water and sanitation, agriculture, environmental management and education. Nuevas Esperanzas also encourages churches, both Catholic and protestant, to work together to serve the poor of their communities. Lasting outcomes can only be achieved when we commit to work together, look to the interests of others and invest in the future of our own communities. Nuevas Esperanzas facilitates this process by seeking to model this approach. Values, not just activities, are necessary if transformational development of poor communities is to become a reality. Nuevas Esperanzas challenges the prevailing attitudes of the local culture where they hinder development, promoting the following alternative values which encourage the development of a just and free society:
Commitment and Vision
We recognise that transformational development is a process which requires a long-term commitment and not a quick fix solution. We aim to promote and model a vision for the future and a commitment to see through our work to its conclusion.
Honesty and Transparency
We aim to be honest and consistent in what we say, in the way we manage our finances and in our relationships with beneficiaries, donors and the government. We strive to be transparent in our accounting and reporting, and to acknowledge our failures when things go wrong.
Professionalism and Innovation
We seek to encourage and develop professional skills within our team and in the communities in which we work. We encourage innovation and aim to apply appropriate technologies in our projects, developing new solutions to old problems where necessary.
Ecumenism and Inclusiveness
As followers of Jesus, we believe in the power of the gospel to transform society. We are passionately ecumenical, appreciating the diversity of spiritualities represented in different denominations, both Catholic and Protestant, and strive to be inclusive, working without prejudice with people of all faiths and none.
Empowerment and Stewardship
We seek to empower our staff and the people with whom we work, giving a voice to the poor and ensuring that decisions are made at the appropriate levels. We promote ownership and responsibility through the application of participatory techniques which encourage communities to find their own solutions to the challenges they face.
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Objectives, activities and achievements in 2021/22
Long-term development programmes
Last year, Nuevas Esperanzas planned to continue to offer support to the hillside communities which are part of the Mountain Rain programme and communities affected by arsenic-contaminated water supplies which are part of the Arsenic Alleviation programme.
Situation in Nicaragua
While the situation in Nicaragua which began when a socio-political crisis erupted in April 2018, remains unresolved, Nuevas Esperanzas was able to continue working until June this year without being directly hindered or affected by the crisis. Project work continued for most of the year, despite the impact of the pandemic, with careful attention to the implementation all necessary health and safety measures for both the Nuevas Esperanzas team and the beneficiary communities. Work was suspended for most of September when the majority of the team contracted COVID.
However, on 10[th] June Nuevas Esperanzas became one of around 3,000 national and international NGOs in Nicaragua to have their registration cancelled by the government. At the time of writing, Nuevas Esperanzas in Nicaragua is working through the required closure process. At this time, it is not possible to undertake any work in Nicaragua until the political situation changes.
Mountain Rain
Access to water
A review of the pipeline that carries water to the hillside community of El Caracol and the arsenic affected communities of Unión España and Nuevo Amanecer was undertaken this year to identify and apply necessary repairs to ensure the water supply to these communities.
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Agroecology
Family farms
This year Nuevas Esperanzas’ agroecology programme has continued to support the farmers in the hillside communities. Work has focused on production of dragon fruit and pineapple with strong interest and commitment from the farmers.
Throughout the year, technical support and ongoing monitoring visits were provided for the 40 farmers in the communities of Agua Fría, El Caracol and El Ojochal . The dragon fruit plants are now well established in the family farms and during the second half of 2021, a total of just under 1,400 dragon fruit were harvested by the farmers in these communities. The Nuevas Esperanzas team provided support including fertilisers. For the first time in several years, organic fertilisers were used as costs of traditional fertilisers have risen to the extent that they are more expensive. Support was again given in transporting the produce to nearby towns and locating markets to sell the crops.
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Beekeeping
Nuevas Esperanzas has continued to work alongside the beekeepers in the hillside communities. Beekeeping remains a popular and successful activity for many families and is a significant part of the agroecology programme, promoting environmentally friendly practices and providing additional sources of income.
By the end of the period there were ten apiaries across the four communities with a total of 22 active beekeepers. The number fell this year as some members of the communities were forced to migrate to look for work outside Nicaragua . During the period, 1,200 kg of honey was produced. Two new small apiaries of five hives each were established in the community of Agua Fría. Protective suits, sugar and smokers were provided.
Wax sheets and sugar were provided to the beekeepers to divide the hives and provide food for the bees during the wet season. Nuevas Esperanzas’ expert beekeeper continued to provide technical support to ensure the success of the established apiaries. The beekeepers bottle and sell their honey in nearby communities. There are over 50 families from the communities of Agua Fría, El Caracol and El Ojochal who are active participants in the agroecology programme.
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Arsenic Alleviation programme
In 2007, arsenic was first identified in boreholes in the communities of Unión España and Nuevo Amanecer in the north of the Municipality of Telica, Department of León. In 2010, while looking for a site to drill a new borehole to supply these communities, Nuevas Esperanzas discovered numerous boreholes and hand-dug wells with arsenic concentrations of 50-900 µg/l, significantly in excess of the WHO limit of 10 µg/l. Work has continued on projects to address the problem of arsenic contamination in the area.
San Pedro Nuevo water supply
Work has continued this year to support the water committees in San Pedro Nuevo, Unión España and El Caracol in the management of the water system. The annual meeting was held during which accounts were presented to 1 the community and new members were elected to the committee. Training and support were offered to ensure the successful management of the financial and technical running of the system. Committee members were trained in basic accounting, the government requirements for the presentation of bills and receipts and the use of the online reporting system.
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Problems with loss of water were investigated and where leaks were located repairs were undertaken. Wider pipes were installed in one section of the system to improve the flow of water to that area of the community. The illegal resale of water by a member of the community was investigated and in order to prevent further problems, an official post for the sale of water was established. An additional clause was added to the governing document of the water committee in reference to this decision. Monitoring tests were once again undertaken regarding the use of electricity and water supply in different areas of the community.
In accordance with the original donation of land for the borehole, an extension of the pipeline to the landowner’s home was installed this year. After the necessary surveys and excavations were completed, the connection was installed at the end of April.
Further meetings were held with representatives of Living Water, an international NGO providing consultancy services to another organisation, on a possible extension of the San Pedro Nuevo water supply to the community of Nuevo Amanecer. Nuevas Esperanzas facilitated visits to the community and information about the operation of the system for the feasibility study. However, no further communication was received about the potential project.
Organisation development and training
Last year, Nuevas Esperanzas aimed to empower its staff through training and professional development.
During the year, joint meetings were held between the Trustees and the directors of US registered branch of the charity and the Director in order to develop stronger links and collaboration. Members of the two boards worked together to develop fundraising proposals and identify areas for future development.
In June 2022 a visit was received from Riley Mulhern, one of the board of directors of the US branch of Nuevas Esperanzas. In addition to visiting the projects, Riley facilitated a SWOT analysis of the team’s work and projects. Riley was accompanied by a water engineer, Rebecca Yoo, who gave a training session on the design and development of water projects.
Meetings were held with the Marie Stella Maris Foundation, Vita, CO2Balance, and the Rotary Club in León to explore possible funding and future collaboration on projects.
Fundraising
Last year, Nuevas Esperanzas aimed to extend and diversify its funding including developing income generating activities.
While the long-term goal of extending and diversify funding sources remains, the focus on maintaining regular donor support continued. A small team was created to manage social media communications and fundraising during the year. Targeted fundraising campaigns for rainwater harvesting projects during World Water Week and
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dragon fruit projects were carried out. Fundraising material including an interview with a farmer from El Ojochal, a video about water needs in the hillside communities and photo albums focused on specific projects was produced. In celebration of Nuevas Esperanzas 16[th] birthday on 1[st] November, an anniversary campaign was held which focused on funding for agroecology projects.
During the year a total of £2,050 was received from the Oxford León Association and Trust towards ongoing project work. A donation of £1,000 was received from the Cumber Family Trust for the agroecology project. A total of £2,420 was also received from RTI International, through Nuevas Esperanzas US, for work on water supply projects including maintenance of the pipeline.
Work continued to be managed in line with the budgets adjusting the team’s working hours and project scope to ensure the financial sustainability of the organisation.
Future objectives
Although it is currently not possible to undertake any work in Nicaragua due to the political situation, as we continue to monitor and assess if/when work can continue, Nuevas Esperanzas’ long term commitment to the beneficiary communities and strategic objectives remain the following:
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Develop existing long-term development programmes in marginalised and vulnerable communities in the Department of León. In this work Nuevas Esperanzas has three levels of engagement:
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Building rural infrastructure. From experience it has been found that limited physical access to remote communities, or lack of basic services such as water, significantly reduce the capacity of marginalised communities to engage in development.
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Diversifying rural livelihoods. Lack of knowledge or capital restricts the capacity of farmers to grow and diversify their livelihoods, often resulting in environmental harm and increased vulnerability of communities to disasters.
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Promoting social justice. Improvements to infrastructure and increased capacity of farmers will not result in transformation of marginalised communities unless unjust social structures are confronted and communities commit to work together for the common good.
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Provide consultancy services and training to other development agencies including other NGOs, Nicaraguan government institutions and researchers in areas where Nuevas Esperanzas has relevant expertise and experience, including water feasibility studies, public health investigations, participatory methods and monitoring and evaluation of the impact of development interventions.
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Respond to emergency situations in any part of Nicaragua as required, providing solutions to meet water and sanitation needs.
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Promote ecumenical cooperation in development.
To support these objectives, Nuevas Esperanzas continues to seek to:
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Deepen its relationship with beneficiary communities and other stakeholders.
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Establish relationships with other organisations to share its experience and particular areas of expertise.
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Extend and diversify its funding, developing income generating activities including consultancy services and small business ventures.
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Engage its supporters and donors more fully in the challenges of rural development, especially with regards to the social dimensions.
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Empower its staff through training and professional development.
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Model the values which it promotes.
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Financial review
Income and Expenses
The 2021/22 period mas marked by a significant reduction of total income by 24% (from £64k to £49k). Unrestricted donations dropped by 21% (from £61k to £49k). Committed giving dropped by 15% (from £36k to £30k) and unrestricted income from appeals and one-off donations dropped by 64% (from £12k to £4k). No restricted income was received this year, while last year only £2.6k was received. Expenditure dropped by 6% (from £60k to £57k). Charitable activities accounted for 81% of total expenses (£46k) and fundraising represented 19% of the total expenditure (£11k).
Reserves
Reserves allow for stability and for the charity to smooth out any short-term drops in income or peaks in expenditure, as well as ensuring that at any moment in time, the charity is able to meet all its obligations. During the 2021/22 period, reserves hit negative numbers at -£2k. However, and despite the formal calculations, the assets of the organisation, specifically vehicles, have a market value of approximately £15k above the value registered on the books.
Structure, governance and management
Nuevas Esperanzas UK was formed by a Declaration of Trust signed on 11[th] August 2006. Charitable status was granted on 12[th] September 2006. The organisation is governed by the Trust deed which gives the trustees the power to apply the funds for the relief of poverty in Nicaragua. Nuevas Esperanzas UK was registered as an international non-governmental organisation in Nicaragua on 27[th] October 2006 ( Número Perpetuo 3537 ) and has a cooperation agreement with Government of Nicaragua, signed on 27[th] November 2006.
The Trust deed states that there must be a minimum of three trustees. There are no fixed terms for trustees to serve and new trustees are appointed by a resolution at a special meeting, having regard to the skills, knowledge and experience needed for the effective administration of the charity. New trustees are given a copy of the Trust deed and any subsequent amendments, and a copy of the charity’s latest report and statement of accounts. They have no beneficial interest in the organisation other than as trustees, and have absolute discretion with regards to investment decisions. No trustee received remuneration during the period for services to the Trust.
The trustees take responsibility for the overall governance of the charity, making or ratifying strategic and policy decisions. The charity’s Director oversees the day-to-day operation of the charity.
The Nicaraguan operations of Nuevas Esperanzas UK must comply with Nicaraguan legal requirements including retention of taxes, payment of social security and compliance with specific regulations applied to non-governmental organisations.
Possible risks to the charity are identified and investigated, and measures put in place to manage risks as appropriate. The risk of ongoing uncertainty since the socio-political crisis which began in April 2018 continues and the safety risks both for the staff and beneficiaries due to the pandemic are significant. These situations are monitored continually to ensure safety of the team and community members. Furthermore, the cancellation of the organisation’s registration in Nicaragua, which occurred just before the end of the period, is the most important risk to address, and the impact this will have is still unclear.
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Statement of trustees’ responsibilities
Charity law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the charity’s financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
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select suitable accounting policies and apply them consistently.
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make judgements and estimates that are reasonable and prudent.
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
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prepare the financial statements on a going concern basis unless it is inappropriate to assume that the Trust will continue in operation.
The trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustees on 27 January 2025 and signed on its behalf.
Stephen Webb, Chair
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Independent Examiner’s Report
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2022 (“the Charities Act”) and that an independent examination is needed.
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It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I 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.
Signed:
Mrs Donna Leppitt Independent Examiners Limited Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
Date: 11[th] February 2025
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Statement of financial activities for the year ended 30th June 2022
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Notes | Funds | Funds | 2022 | 2021 | |
| £ | £ | £ | £ | ||
| Income from: | |||||
| Donations and legacies | 2 | 48,579 | - | 48,579 | 64,022 |
| Investment income | 7 | - | 7 | 18 | |
| Miscellaneous income | - | - | - | - | |
| Total income | 48,586 | - | 48,586 | 64,040 | |
| Expenditure on: | |||||
| Costs of raising funds | 3 | 10,714 | - | 10,714 | 9,930 |
| Charitable activities | 3 | 45,917 | - | 45,917 | 50,481 |
| TOTAL RESOURCES EXPENDED | 56,631 | - | 56,631 | 60,411 | |
| Net income/(expenditure) | (8,045) | - | (8,045) | 3,629 | |
| Reconciliation of funds: | |||||
| Total funds brought forward | 5,371 | - | 5,371 | 1,742 | |
| Opening balance adjustment | 14 | 284 | - | 284 | 284 |
| Total funds carried forward | (2,390) | - | (2,390) | 5,655 |
The notes on pages 14 to 20 form part of these accounts.
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Balance sheet as at 30th June 2022
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand 9 CREDITORS Amounts due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES INCOME FUNDS Unrestricted funds General funds Designated funds Restricted funds TOTAL FUNDS 13 |
2022 2021 £ £ £ £ 551 2,736 4,997 6,241 1,371 6,465 6,368 12,706 (9,309) (9,787) (2,941) 2,919 (2,390) 5,655 (2,941) 2,919 551 2,736 (2,390) 5,655 - - (2,390) 5,655 |
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These accounts were approved by the Board of Trustees on 27 January 2025 and were signed on its behalf by:
Stephen Webb, Chair
The notes on pages 14 to 20 form part of these accounts.
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Notes to the Accounts
1. Accounting policies
1.1 Basis of preparation of the accounts
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these accounts. The accounts have been prepared in accordance with 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 United Kingdom and Republic of Ireland (FRS 102) (Charities SORP FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. The accounts are presented in sterling and are rounded to the nearest pound.
The particular accounting policies adopted are set out below:
1.2 Critical accounting estimates and areas of judgement
Preparation of the accounts requires the trustees [and management] to make significant judgements and estimates. The items in the accounts where these judgements and estimates have been made include estimating the useful economic life of tangible fixed assets
1.3 Assessment of going concern
The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of one year from the date of approval of these accounts. The trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due.
1.4 Foreign currencies
Transactions in foreign currencies are recognised at the rate of exchange at the date of transaction. Monetary assets and liabilities are translated into sterling at the exchange rate on the balance sheet date. All exchange differences are recognised through the Statement of Financial Activities.
1.5 Income
Donations are included in full in the statement of financial activities in the period in which the charity has entitlement to the income and the amount of income can be measured reliably and it is probable the income will be received. Grants are recognised in full in the statement of financial activities in the year in which they are receivable, and conditions for receipt have been met. Income is deferred only when the charity has to fulfil certain conditions before becoming entitled to it or where the donor or funder has specified that the income is to be expended in a future accounting period.
- 1.6 Expenditure
Expenditures are included in the statement of financial activities on an accruals basis, inclusive of any VAT which cannot be recovered. The cost of generating funds includes the direct costs associated with generating voluntary income. The cost of charitable activities comprises expenditures related to the costs of projects in Nicaragua. Such costs are recognised when an invoice is received or when a payment is made, whichever is sooner. Also included are the salaries and insurance costs of staff working on overseas projects. Governance costs include accountancy fees and a proportion of salary costs. Costs are recognised when an invoice is received or when a payment is made, whichever is sooner. The methods and principles for the allocation and apportionment of all costs between the different activity categories of resources set out above are:
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All directly attributable costs are allocated straight to a charitable activity or fundraising activity.
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Staffing costs are allocated based on time spent working in each respective area according to weekly timesheets.
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Vehicle costs are allocated based on vehicle usage for each respective area according to vehicle mileage sheets.
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• Support costs of the charity relate to the central costs of supporting the charitable activities of the organisation and comprise the salary costs for activities such as bookkeeping and general administration (according to timesheets) and office rent, utilities and other related costs.
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1.7 Tangible fixed assets and depreciation
All assets costing more than £500 are capitalised. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives.
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Vehicles - 12.5% straight line
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Technical equipment - 20% straight line
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Computer equipment - 50% straight line
1.8 Debtors
Debtors are recognised at their settlement amount, less any provision for non--recoverability. Prepayments are valued at the amount prepaid. They have been discounted to the present value of expected future cash receipts where such discounting is material.
1.9 Cash at bank and in hand
Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition. Deposits for more than three months but less than one year have been disclosed as short term deposits. Cash placed on deposit for more than one year is disclosed as a fixed asset investment.
1.10 Creditors and provisions
Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. For the Nicaraguan staff, the 13[th] month bonus is only is paid every December or when the contract is terminated. The rest of the liabilities are paid only when the contract is completed or terminated. Creditors and provisions are recognised at the amount the charity anticipates it will pay to settle the debt. They have been discounted to the present value of expected future cash payments where such discounting is material.
1.11 Fund accounting
Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs. Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose are available as general funds. Designated funds comprise monies set aside out of unrestricted funds for specific future purposes or projects.
2. Donations and legacies
| Donations and legacies | ||||
|---|---|---|---|---|
| Restricted | Unrestricted | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Committed giving | 30,482 | 30,482 | 35,761 | |
| Appeals and donations | 4,168 | 4,168 | 11,619 | |
| Grants | ||||
| Trusts and foundations | 5,492 | 5,492 | 3,309 | |
| Other NGOs | 8,437 | 8,437 | 10,733 | |
| Arsenic Alleviation programme | ||||
| Trusts and foundations | - | 2,600 | ||
| - | 48,579 | 48,579 | 64,022 |
Five trustees donated a total of £5,600 (£4,480 + £1,120 Gift Aid) to the charity during the year.
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The following funders over £5,000 are included in restricted and unrestricted income:
| Restricted | Unrestricted | 2022 | 2021 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Nuevas Esperanzas US | 8,436 | 8,436 | 10,733 | |
| Caroline Longley | 1,000 | 1,000 | 7,500 | |
| - | 9,436 | 9,436 | 18,233 |
3. Expenditure
| Direct | Governance | Governance | Support | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| costs | costs | costs | total | total | ||
| £ | £ | £ | £ | £ | ||
| Costs of raising funds | 4,650 |
587 | 5,477 | 10,714 |
9,930 | |
| Charitable activities | ||||||
| "Mountain Rain" programme | 16,026 | 1,361 | 14,113 | 31,500 | 34,536 | |
| Arsenic Alleviation programme | 5,851 | 750 |
7,816 | 14,417 | 15,945 | |
| Support for other NGOs | - | - |
- | - | - | |
| 26,527 | 2,698 | 27,406 | 56,631 | 60,411 | ||
| Direct costs of generating funds are | made up as follows: | 2022 | 2021 | |||
| £ | £ | |||||
| Staff costs | 4,271 | 3,495 | ||||
| Other costs | 378 | 609 | ||||
| 4,649 | 4,104 | |||||
| Direct costs of charitable activities are made up as | follows: | |||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Staff costs | 11,729 | 9,963 | ||||
| Direct project costs | 4,132 | 7,149 | ||||
| Travelling costs | 6,017 | 5,441 | ||||
| 21,878 | 22,553 | |||||
| Governance costs and their basis of | allocation to activities | are as follows: | ||||
| 2022 | 2021 | |||||
| basis of allocation | £ | £ | ||||
| Staff costs | Staff time | 1,618 | 1,862 | |||
| Independent Accountant's fee | Staff time | 1,080 | 1,050 | |||
| CIO accounts' fee | Staff time | - | 210 | |||
| 2,698 | 3,122 | |||||
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Support costs and their basis of allocation to activities are as follows:
| Support costs and their basis of alloc | ation to activities are as follows: | ||
|---|---|---|---|
| 2022 | 2021 | ||
| basis of allocation | £ | £ | |
| Staff costs | Staff time | 15,653 | 14,368 |
| Office costs | Staff time | 6,880 | 9,907 |
| Communication costs | Staff time | 525 | 550 |
| Travelling costs | Staff time & vehicle use | 2,221 | 3,804 |
| Depreciation | Staff time | - | 25 |
| Other costs | Staff time | 2,128 | 1,978 |
| 27,407 | 30,632 | ||
| 4. Net movement in funds | |||
| Net movement in funds is shown after | charging: | 2022 | 2021 |
| £ | £ | ||
| Depreciation on tangible fixed assets | 2,185 | 2,210 | |
| 5. Trustees | |||
| No Trustee received any salary or expenses payment during the year. | |||
| 6. Employees | |||
| Number of employees | 2022 | 2021 | |
| UK-contracted employees based overseas | 1 | 1 | |
| Locally-contracted employees overseas | 7 | 7 | |
| 8 | 8 | ||
| Employee costs | 2022 | 2021 | |
| £ | £ | ||
| UK-contracted employees based overseas | 4,032 | 4,032 | |
| Locally-contracted employees overseas | 29,239 | 25,656 | |
| 33,271 | 29,688 | ||
| Key management personnel and total amount paid | 2022 | 2021 | |
| £ | £ | ||
| Leonardo Zapata Ramírez | Director | 8,630 | 7,974 |
| 8,630 | 7,974 |
There were no employees whose annual remuneration was £60,000 or more. The highest paid employee was the Director who received total payments and benefits of £8,630 from 1st July 2021 – 30th June 2022.
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7. Fixed assets
| Fixed assets | |||
|---|---|---|---|
| Vehicles | Technical equipment |
Total | |
| £ | £ | £ | |
| Cost | |||
| At 30th June 2021 | 31,909 | 7,153 | 39,062 |
| Additions | - | - | - |
| Disposals | - | - | - |
| At 30th June 2022 | 31,909 | 7,153 | 39,062 |
| Depreciation | |||
| At 30th June 2021 | 29,173 |
7,153 |
36,326 |
| Charge for the year | 2,185 | - | 2,185 |
| Disposals | - | - | - |
| At 30th June 2022 | 31,358 |
7,153 | 38,511 |
| Net book value | |||
| At 30th June 2021 | 551 | - | 551 |
| At 30th June 2020 | 2,736 | - |
2,736 |
| Debtors | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Tax recoverable | 4,595 | 5,555 |
|
| Loan repayment owed | 402 | 402 | |
| Adjustment to debtors | 284 | ||
| 4,997 | 6,241 | ||
| Cash at bank and in hand | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Short term cash investments (less than 3 months maturity date) | - | - | |
| Short term deposits | - | - | |
| Cash at bank and in hand | 1,371 | 6,465 | |
| 1,371 | 6,465 | ||
| . Creditors | |||
| Amounts falling due within one year: | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Accruals and other creditors | 8,229 | 8,107 | |
| Independent Examiner's fee | 1,080 | 1,680 | |
| 9,309 | 9,787 | ||
| 18 |
8. Debtors
9. Cash at bank and in hand
10. Creditors
Amounts falling due within one year:
11. Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| 1st July | Incoming | Resources | 30th June | |
|---|---|---|---|---|
| 2021 | resources | expended | 2022 | |
| Restricted funds: | £ | £ | £ | £ |
| Mountain Rain programme | - | - | - |
- |
| Arsenic Alleviation programme | - | - | - |
- |
| - | - | - | - |
Purpose of restricted funds
Restricted funds refer to funds given for specific projects mainly from institutional donors but also from specific appeals:
-
“Mountain Rain” is an integrated development project for remote hillside communities as detailed on pages 3-6.
-
The Arsenic Alleviation programme includes water projects in the arsenic-affected area which aim to reduce exposure to arsenic in drinking water, as detailed on pages 6-8.
12. Analysis of net assets between funds
| General funds |
Designated funds |
Restricted funds |
Restricted funds |
Total | |||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| Fixed assets | - | 551 | - | 551 |
|||
| Net assets/(liabilities) | - | 2,941 |
- | - | - | 2,941 |
|
| (2,941) | 551 | - | (2,390) |
13. Movement on funds
Details of material funds held and movements during the CURRENT reporting period:
| Fund | Fund | |||||||
|---|---|---|---|---|---|---|---|---|
| balances brought |
Income | Expenditure | Transfers | Gains and losses |
balances carried |
|||
| forward | forward | |||||||
| £ | £ | £ | £ | £ | £ | |||
| Fund names | ||||||||
| General unrestricted | 5,655 | 48,586 | (56,631) | - | - | - | 2,390 |
|
| Restricted funds: | ||||||||
| Mountain Rain programme* | - | - | - | - | - | - | ||
| Arsenic Alleviation programme* | - | - | - | - | - | - | ||
| 5,655 | 48,586 | - | 56,631 |
- | - | - | 2,390 |
|
| 19 |
Details of material funds held and movements during the PREVIOUS reporting period:
| Fund | Fund | ||||||
|---|---|---|---|---|---|---|---|
| balances brought |
Income | Expenditure | Transfers | Gains and losses |
balances carried |
||
| forward | forward | ||||||
| £ | £ | £ | £ | £ | £ | ||
| Fund names | |||||||
| General unrestricted | 1,742 | 61,440 | (57,811) | - | - | 5,371 |
|
| Restricted funds: | |||||||
| Mountain Rain programme* | - |
- | - | - | - |
- | |
| Arsenic Alleviation programme* | - |
2,600 | (2,600) | - | - |
- | |
| 1,742 | 64,040 | - | 60,411 |
- | - | 5,371 |
*see note 11 for details of restricted funds
14. Opening balance adjustment
| . Opening balance adjustment | |
|---|---|
| 2021 | |
| £ | |
| General funds as originally stated at 30th June 2021 | 2,635 |
| Adjustment to debtors | 284 |
| General funds as restated at 30th June 2021 | 2,919 |
20
Nuevas Esperanzas UK Charity number 1116109
Correspondence address: 16 Crusoe Road CR4 3LG
info@nuevasesperanzas.org www.nuevasesperanzas.org
Trustees
Stephen Webb (Chair) Peter Dockree Liz Buchanan Simon Pitkin Larry Boyd
Director
Leonardo Zapata Ramírez
Bankers
Lloyds TSB 8 Ock Street Abingdon Oxon OX14 5AP
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