2021-12-31-accounts - The Cambodian Childrens Charity

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Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For The Year Ended 31 December 2021

26 Kenilworth Avenue London SW19 7LW 020 8947 7144 contact@camkids.org www.camkids.org

The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees Report and Financial Statements Year Ended 31 December 2021

Index

	Page
Legal and administrative information	1
Report of the Trustees	2 - 9
Report of the independent examiner	10
Statement of financial activities	11
Balance sheet	12
Notes to the financial statements	13 - 17

The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

Legal and administrative information

Name of Charity: The Cambodian Children’s Charity Working Name*: CamKids Charity Registration Number: 1116862 Principal Address: 26 Kenilworth Avenue SW19 7LW Telephone: 020 8947 7144 E-mail: finance@camkids.org Website: www.camkids.org Trustees: Mrs J Purser Mr D Sharpe Mrs B Sharpe Mr A Purser Mr C Birch Bankers: UK: National Westminster Bank Plc 16 Wimbledon Hill Road London SW19 7ZD Cambodia: Sathapana Bank 83 Norodom Boulevard Phnom Penh ABA Bank 148 Preah Sihanouk Boulevard Phnom Penh Independent Examiner: Neil McCann 25 Rectory Road London SW13 0DU

*The name ‘CamKids’ is registered as the Charity’s working name with the Charity Commission and the Charity’s bankers.

Page 1

The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

Report of the Trustees

The Trustees present their report along with the financial statements of the Charity for the year ended 31 December 2021.

The Cambodian Children’s Charity is an international non-governmental, non-political, non-religious charity. It is constituted under a Trust Deed dated 19 October 2006 and is registered with the Charity Commission under registration number 1116862. The legal and administrative information set out on page 1 forms part of this report.

The financial statements have been prepared on the basis of the accounting policies set out in note 1 to the financial statements and the Trustees confirm they comply with the requirements of the Charities Act 2011, the Charity’s Trust Deed and the Charities SORP (FRS102).

Structure, governance and management

The Trustees who held office during the financial period and at the date of this report are noted on page 1.

The Charity is wholly administered by its Trustees, none of whom receive any remuneration or compensation for costs incurred in performing their duties. The Trustees meet at least four times per year, in person or via video conferencing. The day-to-day administration of the Charity is managed by Joanna Purser in the UK and Dominic and Benita Sharpe in Cambodia. The Charity does not employ any UK based or expatriate staff and all volunteers are required to meet their own expenses.

Trustee recruitment, induction and training

The Trustees have the power to appoint new Trustees by a resolution passed at a special meeting of the Trustees. According to the Trust Deed, all Trustees are appointed for a term of 5 years. New Trustees are nominated by existing Trustees and appointed on the basis of a unanimous decision of the Trustees, following an assessment of whether they have the necessary skills to contribute to the Charity’s management and development. A suitable candidate may be invited to observe a Trustee meeting prior to taking up any appointment.

Trustees are provided with information covering such topics as legal status and governance, structure, finances and policies (including Child Protection and Volunteer Code of Conduct).

Trustees are encouraged to visit the projects in Cambodia at least every 2 years where this is possible. Currently, there is no on-going training policy in place for Trustees as the Charity is not seeking any new Trustees.

Objectives of the Charity

The objectives of the Charity, as set out in the Charity’s Trust Deed, in the period under review were:

To promote any charitable purpose for the benefit of the poor people of Cambodia including but not limited to:

1 The relief of poverty;

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

2 The advancement of education of individuals and communities in Cambodia and support for the training and good practice of their teachers;
3 The promotion of health, through education and access to medical facilities;
4 The provision of recreational facilities for the benefit of individuals or communities who, by reason of poverty or social and economic circumstances, may not have the opportunity to enjoy them;
5 The support of children and young people who have been abandoned or have been the victims of abuse;
6 The support of mothers and expectant mothers who have been the victims of abuse or who are unable to support their children;
7 The provision of funding and support for other organisations which give help to people suffering hardship in Cambodia; and
8 To pursue other charitable purposes which may benefit poor individuals or communities in Cambodia.

During the period, the Charity continued to fund its main Medical, Education, Nutrition and Development projects at Chbar Chross, near Kampong Speu, and made financial grants to other charitable organisations operating in Cambodia. The Trustees have therefore complied with their obligation to exercise their powers and duties for public benefit.

Review of activities, achievements and performance

Covid continued to cause problems throughout 2021 for Cambodia. Although there were few recorded Covid deaths, Cambodia’s economy was adversely affected by developments in China and the slowdown in consumer demand - the US and Europe are significant markets for Cambodian manufacturers. The Cambodian government continued to provide crisis policy responses, including cash transfers to individuals. Although the country started to re-open for business during November 2021, while continuing to strictly enforce protective health measures, poverty continues to remain higher than pre-pandemic levels given that employment has yet to return to pre-pandemic levels.

The Charity’s activities concentrated on our Chbar Chross Community (CCC) school and related MEND projects in Kampong Speu Province. Our efforts were focused on maintaining the quality of education, health and opportunities for the children and the villagers supported by these projects and doing what we could to mitigate the effects of the pandemic.

Like many charities, CamKids’ regular public donor base has been slightly affected by the pandemic and we have lost some regular donors, due to job losses and other financial constraints. The Charity continues to receive funds from a private foundation.

Two of the Charity’s Trustees remain in Phnom Penh and oversee the management of our projects.

Project MEND

CamKids has brought together all its experience with education, medical and other community work into a single coordinated initiative, which we call “MEND” - Medical, Education, Nutrition, Development . We continue to believe that this is the most efficient way of providing a steppingstone

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

towards a healthier, brighter and more prosperous future for disadvantaged Cambodian children, their families and communities who have had little or no access to these most basic of human rights.

CamKids started its own integrated MEND project in Kampong Speu in 2012. Based around CCC School, it includes outreach projects providing medical and dental services, study materials and educational support. These projects have contributed directly and indirectly in benefiting in the region of 2,000 children and adults in Kampong Speu province.

Medical

CamKids’ medical clinic, next to CCC School, remained open throughout the year and continued to provide basic medical and maternity care to the students and their families in the local communities of Chbar Chross, Tropaing Mean and Ta Ngov. Our resident nurse Kim Lang has been an important support and resource for the community and especially helpful at a time of great anxiety and uncertainty. Fortunately, there were very few cases of covid in the community.

During the first six months of the year, our medical and dental partner One-2-One was able to carry out one medical trip to provide essential medical treatment and primary health care. Meanwhile, the Healthy Kids team was only able to carry out two visits to provide dental services to the CCC students and the villagers due to the schools being closed nationwide. Over 700 children were screened during these visits providing very important data on the general and dental health of the community. General health treatment included administration of Vitamin A supplements, deworming and referral of the more serious cases. The dental team’s work covers application of fluoride to protect against decay in primary teeth and prevent caries in permanent teeth, fillings, and extractions. All students are provided with toothbrushes, toothpaste and soap and given information on oral and personal hygiene.

Other Projects

The mobile medical and dental teams that we fund through a generous donation from a UK based foundation continued to provide clinics to the two poor urban communities in Phnom Penh at Canal Side and Ptesh Leu Teak (House above the Water). The pandemic continues to adversely impact the residents, especially affected are those employed as construction workers, rubbish recyclers and garment factory workers. The team has built a good relationship with the people in the communities and during the first six months of the year, over 1,700 individuals benefited from the medical, maternal and nursing health checks, training and treatment provided by the team. There has been an increase in patients seen since 2020. There have also been considerable challenges in supplying the clinics, including the shortage of materials and consumables, increased demand and additional costs due to the extra covid protocols. The clinics are set up in the communities in very cramped and difficult conditions made more difficult by social distancing requirements.

Education

The pandemic continued to disrupt schooling during 2021 and provided very challenging circumstances for CamKids and the staff of our CCC School. Opened in 2012 the school is a full Primary school facility. There were 380 students enrolled for the 2021 academic year. CCC employs 15 staff to operate the school, all of whom are Cambodian. In January Kagna, a graduate from the Liger Leadership Academy in Phnom Penh, joined our staff as an assistant to our Project manager Sophak. Kagna also assists with the kindergarten classes and provides computing lessons.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

The school opened in January but still had to follow covid guidelines. Classes were limited to 10-15 students and ran for only 3.5 hrs per day for three days a week – switching week by week for the different grades. All students had to wear a face mask, wash their hands with hand gel or alcohol and have their temperature taken before entering school and sit 1.5m far from each other.

In February we resumed our weekend classes for a short period – English lessons were provided by Piseth, art classes with Sreytouch and computing lessons with Kagna. These are provided to current CCC students and leavers and are well attended.

Unfortunately, the school and our weekend classes were closed in March due to government covid restrictions and it was unable to open again until September. The school staff continued to provide homework directly to the students and livestreamed lessons daily. It is clear that the continued covid disruption has had a substantial impact on our students learning – we had several students dropping out and many have had to repeat the Grade. For already struggling families, covid has exacerbated economic problems and all members of a family are required to work. As the situation improves, we will be taking steps to encourage pupils back to school and support those needing to catch up.

As part of its school program CamKids provides uniforms to all students. All these uniforms and supplies are ordered in October ready for the new school year in January.

Our GRADE initiative is a sponsorship programme for donors who are willing to commit to sponsoring an individual student, multiple students up to and including a class or a complete grade.

Nutrition

Part of the rationale for the CamKids MEND initiative in Kampong Speu includes education about development opportunities to help teach children and adults about proper cultivation of crops for food, thus resulting in better nutrition. The school has a large vegetable garden set up by our Project Manager to develop this area of learning. Once again, the students have been unable to be involved as they are not allowed to stay at school after lessons. The school staff have continued to plant and look after the garden.

Development

The pandemic continued to cause many challenges for our staff at CCC and they have dealt very well with the situation. They have shown themselves to be very dedicated and creative in setting up new methods of teaching. CamKids teachers and staff were still able to take their annual trip away – albeit restricted to a day.

CamKids was pleased to arrange a visit to the school by Klahan9 – this is a programme developed by BBC Media Action. Through phone, radio, internet and a TV drama series it provides career guidance and employment tips and information to children and their families. A group of parents met with Klahan9 to discuss the importance of staying in school, further education and social engagement. Although a small group, we were very encouraged to see their engagement with the discussion.

The Savings Group that CamKids introduced continues to thrive and give financial support to the whole community. CamKids acts in an advisory capacity only. This has become a major development initiative completely owned and run by the local community.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

During the year we were pleased to be able to distribute food parcels donated by ICAN British International School to families in the community who were struggling during covid. The school, and the community, also benefitted from furniture and clothes donated by the Liger Leadership Academy.

Other Projects

CamKids continues to offer its funds collection and disbursement facilities in the UK, to Kais Village Orphanage, as well as Empowering Youth in Cambodia and HVTO. In the autumn, by mutual agreement we ended our reciprocal arrangements with ACF(Sunrise). A new partnership was agreed with an Australian charity called Reasonable Cause, also involved in charitable work in Cambodia.

Voluntary help and gifts in kind

The Trustees are very grateful to the volunteers and friends of the Charity who performed services for the Charity free of charge, carried out fund-raising on the Charity’s behalf or donated their time, which has enabled the Charity to remain true to its original philosophy and continue to operate with no foreign or expatriate overhead costs.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

Financial review

All the income of the Charity arose as the result of direct financial donations from the public, private charitable funding organisations and from fundraising events organised by the Charity or its Patron. During the year, the Charity raised a total of £95,256 for its charitable purposes which has all been received as direct donations from the general public and funding organisations. The Charity has no fundraising, marketing or out of country overhead or administration costs, as all of the Charity’s necessary costs are met by the Trustees, volunteers or friends of the Charity. The Charity had a net interest expense (net of payment collection charges and foreign exchange costs) of £2,283.

The Charity made grants to beneficiaries in the period of £74,337, leaving a net surplus of £18,636 The Charity had brought forward reserves of £171,883 and the funds carried forward were £190,519.

Reserves policy and risk management

The Charity is required to account for all donated funds according to whether they are for general purposes in furtherance of the Charity's objects (“Unrestricted Funds”), or specifically given for a particular project or purpose, but still within the wider objects of the Charity (“Restricted Funds”). As at 31 December 2021, the Restricted Funds of the Charity amounted to £1,684.

Part of the Charity’s Unrestricted Funds are earmarked by the Trustees for particular projects and designated as separate funds (“Designated Funds”). Any Gift Aid recoverable is credited to the specific project for which the original donation was made. All interest received and finance costs are credited or charged to Unrestricted Funds, which have not been designated to a project (“General Funds”).

In order to ensure that the Charity is able to function properly and continue to meet its ongoing capital and revenue commitments for the projects it supports, the Trustees maintain a certain level of reserves, by setting aside cash or other current assets at the end of the year.

The Trustees have reviewed the Charity’s need for reserves in line with the guidance issued by the Charity Commission.

The Charity holds reserves for the following reasons:

to cover the future cost of capital commitments already entered into or under negotiation (unless funded by committed revenue pledges).
to cover the future running costs of each project for a period of at least one year;
as protection to enable the Charity to continue operating despite catastrophic or less damaging events; and
to provide funds which can be designated to specific projects at short term notice.

This figure is constantly reviewed by the Trustees and is calculated after considering committed funding from regular donors or funding organisations. The Charity’s total Unrestricted Funds at 31 December 2021 were £188,835, which meant that the estimated reserves requirement was covered in full, with a healthy margin to cover new projects undertaken by the Charity in 2022 and for working capital purposes. In addition, a conservative attitude to future income streams has been taken but the Trustees keep the level of reserves under regular scrutiny and review.

The Charity has secured committed annual funding of approximately £21,824 from a private foundation.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

The Trustees of the Charity consider risk management to be of great importance. The Charity has always considered the risks inherent in their activities and this consideration forms an important part of the planning and decision-making process.

Future plans

The Charity plans to continue focusing on its MEND initiative in Kampong Speu Province and recover teaching and support lost due to the pandemic. We will continue to offer our funds collection and disbursement system to other organisations working in Cambodia which share the vision and objectives of the Charity and who can demonstrate an appropriate level of corporate governance.

Our Child Sponsorship programme is dedicated solely to cover students at CCC school, and we are promoting our GRADE programme, to support leavers from CCC school, by pairing a class or grade in Cambodia with a specific school or other institutional donor. We have extended our sponsorship program to include a university program.

We still need to build a further two classrooms to accommodate our students comfortably and provide space for a library. The land for this project is already available but we will be looking at ways to raise the funds necessary to complete this project and ensure that we have sufficient income to cover any additional running costs. CamKids also intends to further consolidate and streamline its activities in 2022 and we are aiming to get more of our programmes funded by sponsorship or regular projectspecific donations. The Trustees will still consider providing small grants or donations of food, medical or other essential supplies to other local NGOs to meet emergency medical and nutritional needs.

Statement of Trustees' responsibilities in relation to the financial statements

Charity law requires the Trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the Charity and its financial activities for that period. In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgments and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operational existence.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to 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.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements

For the Year Ended 31 December 2021

Independent Examiner

The Trustees intend to ask Neil McCann to undertake the independent examination of the Charity in the following year.

Signed on behalf of the Trustees

J Purser

Joanna Purser LLB

Trustee

31 October 2022

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

Independent examiner’s Report to the Trustees of The Cambodian Children’s Charity

I report on the financial statements of the Charity for the year ended 31 December 2021, which are set out on pages 11 to 17.

Respective responsibilities of Trustees and examiner

The Charity’s Trustees are responsible for the preparation of the financial statements. The Charity’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the financial statements under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as 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 financial statements present a ‘true and fair view’, and the report is limited to those matters set out in the next statement.

Independent examiner’s statement

During my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

N McCann

Neil McCann

Date: 31/10/2022

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements

For the Year Ended 31 December 2021

Statement of Financial Activities (incorporating an income and expenditure account)

For the Year Ended 31 December 2021

Note
Incoming resources from generated
funds
Voluntary income:
Donations
2
Activities for generating funds:
Events
3
Net finance income
4
Total incoming resources
Less: Cost of generating funds
Fundraising:
Events
3
Total costs of generating funds
Net incoming resources available
for charitable activities
Charitable activities:
5,6
Net finance expense
4
Net incoming / (outgoing)
resources
Total funds brought forward
Total funds carried forward

Unrestricted
Restricted
2021
2020
Funds
Funds
Total
Total
£
£
£
£
85,176
10,080
95,256
103,439
0
0
0
0
0
0
0
0
85,176
10,080
95,256
103,439

0
0
0
0
0
0
0
0

85,176
10,080
95,256
103,439
(64,024)
(10,313)
(74,337)
(87,626)
(2,283)
0
(2,283)
(3,166)
18,869
(233)
18,636
12,647
159,236
188,835
1,684
190,519
171,883

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements

For the Year Ended 31 December 2021

Balance Sheet

As at 31 December 2021

Note Current assets Stock 9 Debtors 10 Cash at bank and in hand 11 Net current assets Net assets Unrestricted funds General funds 12 Restricted funds 12 Total funds 12	2021 2020 £ £ 250 250 33,624 25,934 156,645 145,699
	190,519 171,883

	190,519 171,883
	188,835 169,966 188,835 169,966 1,684 1,917
	190,519 171,883

The financial statements on pages 11 to 17 were approved by the Trustees on 31 October 2022 and signed on their behalf by:

J Purser

Joanna Purser LLB

Trustee

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The Cambodian Children’s Charity Registered Charity Number: 1116862 Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

Notes to the financial statements

1 Accounting policies

The financial statements have been prepared under the historic cost convention and in accordance with applicable accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" (FRS 102) and comply with the Charities (Accounts and Reports) Regulations issued under the Charities Act 2011. The Charity has also opted to

Incoming resources

Recognition of incoming resources

These are included in the Statement of Financial Activities (SoFA) when:

the Charity becomes entitled to the resources;
the Trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliability

Donations and grants received

Donations and grants are only included in the SoFA when the Charity has unconditional entitlement to the resources.

Investment income

This is included in the financial statements when receivable and is gross of tax.

Expenditure and liabilities

Expenditure, which is charged on an accrual basis, is allocated between:

expenditure incurred directly in the effort to raise voluntary contributions (costs of generating funds); and
expenditure incurred directly to the fulfilment of the Charity's objectives (costs in the furtherance of charitable activities)

Irrecoverable VAT is charged to the SoFA as incurred.

Governance costs

Trustees do not receive any remuneration or compensation for costs incurred in performing their duties and are required to meet their own expenses of attending trustee meetings or visiting projects or beneficiaries in Cambodia. In addition, the costs of the preparation and examination of the statutory accounts and the cost of any legal advice to the Charity or to the Trustees on governance or constitutional matters is provided free of charge by supporters of the Charity. Therefore, the Charity does not incur any governance costs.

Administration and other costs

Wherever possible, the Charity seeks to obtain willing donors or supporters to provide materials or services to the Charity, free of charge. This includes the cost of designing and hosting the Charity’s website, the design and printing of leaflets, banners and other publicity materials, postage and communication costs and the financial and general administration of the Charity.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

The cost of providing such services is not included in the financial statements as a cost or benefit in kind.

Grants payable

These are only recognised in the financial statements once the Charity has made an unconditional commitment to pay the grant and this is communicated to the beneficiary or the grant has been paid, whichever is the earlier. The Charity has not made any grant commitments of more than one year.

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to pay out resources.

Foreign currency

Transactions denominated in foreign currencies are translated at the exchange rate at the date of the transaction. All assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. The resulting gain or loss is dealt with in the SoFA.

Fund accounting

Restricted funds are funds that can only be used for particular restricted purposes within the objects of the Charity. They are incoming resources on which the donor has laid down conditions relating to the expenditure thereon or when funds are donated for a particular beneficiary and the Charity has no discretion or control over the use of those funds.

Unrestricted general funds represent incoming resources on which there is no restriction but may be designated by the Trustees for a particular project or area of charitable activity or where the Charity has secured funding for one of its existing projects from a funding organisation.

Further explanation and analysis of the Charity’s Designated and Restricted Funds is provided in notes 12 and 13 to the financial statements.

Gift aid reclaimable on donations is included with the amount received and, where applicable, credited to the relevant designated or restricted fund.

Taxation

The Charity is exempt from taxation on its income and gains where they are applied for charitable purposes.

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

2 Voluntary income for the year falls into the following categories:

Donations Regular Donations Funding Organisations Single Donations and Appeals	2021 2020 Unrestricted Restricted Total Total £ £ £ £ 26,385 10,080 36,465 41,587 21,824 0 21,824 23,140 36,967 0 36,967 38,712
	85,176 10,080 95,256 103,439

3 Activities for generating funds

During the period, there were no funds raised through organised events (2020: £nil)

4 Net finance (expense) / income

The net finance (expense) / income of the Charity can be analysed as follows:

Interest received Charges levied on credit card donations Foreign exchange and other charges	2021 2020 Total Total £ £ 662 1,700 (647) (686) (2,298) (4,180)
	(2,283) (3,166)

5 Details of Charitable activities

The amount spent on charitable activities is as follows:

			2021	2020
	Unrestricted	Restricted	Total	Total
	£	£	£	£
Charitable expenses	64,024	10,313	74,337	87,626

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

6 Grants paid in 2021 Chbar Chross Community Who Will Children's Village Society for Orphan Support: Kais Village Orphanage Empowering Youth Cambodia New Futures Organisation One-2-One Charitable Trust HVTO	2021 51,296 1,478 455 7,407 299 13,402 0 74,337	2020 51,779 2,118 428 8,891 363 22,817 1,230
		87,626

7 Employee costs:

The Charity has no UK based employees, and no payments were made to any trustees or volunteers. Payments in 2021 to local staff (all Cambodian nationals) including teachers at CCC School, amounted to £32,147 (2020: £33,818).

8 Trustees’ remuneration and related party transactions

None of the Trustees was paid any remuneration by the Charity during the period. The Charity did not conclude any contracts or enter any financial transactions with the Trustees or related parties.

9 Stocks

This comprises T-shirts purchased for sponsored events or re-sale at future events.

10 Debtors

This represents Gift Aid reclaimable from the UK Government on donations by qualifying UK taxpayers.

11 Cash at bank and in hand

Short term deposits Bank balances including petty cash	2021 2020 £ £ 66,976 85,287 89,669 60,412
	156,645 145,699

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The Cambodian Children’s Charity Registered Charity Number: 1116862

Trustees’ Report and Financial Statements For the Year Ended 31 December 2021

12 Movement on Restricted and Unrestricted Funds

Restricted Funds Unrestricted Funds	Opening Balance Incoming Resources Charitable Balance 2021 Expenditure / Other Expenses £ £ £ £ 1,917 10,080 (10,313) 1,684 169,966 85,176 (66,307) 188,835
	171,883 95,256 (76,620) 190,519

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