2021-12-31-accounts - Global Giving UK

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Reference and administrative		details ofthe Charity,	its Trustees	and advisors
Trustees' Report					2-10
Independent Auditor's	Report				11-13
Statement ofFinancial	Activities				14
Balance Sheet
Statement ofCash Flows					16
Notes to the Financial	Statements				17-25

Trustees	and Directors:	and Directors:	and Directors:	Shawn D'Aguiar,	Shawn D'Aguiar,	(Board Chair)
				Deirdre McGlashan
				Dr Anthony	House
				Gillian Smith
Company	Registered		Number:	5824642
Charity Registered		Number:		1122823
Registered	Office:			10Queen Street Place
				London
				EC4R 1BE
Company	Secretary:			Goodwin Procter UK
Chief Executive Officers:				Rachel Smith
				Alexandra Ritchie
Auditors:				Prentis &Co	LLP
				Chartered Accountants		&
				Statutory Auditors
				I IScMilton	Road
				Cambridge
				CB4 1XE
Bankers:				Barclays Bank Pic
				366 Strand
				London
				WC2R OHS
Solicitors:				Bates, Wells	&Braithwaite
				2 - 6 Cannon	Street
				London
				EC4M 6YH

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BALANCB SHEET
			2021		2020
		Notes	f,
PIXED ASSETS
Tangiblo assets		12
CURRENT ASSETS Debtors		13	268,027		137,974
Cash at bank			1,019,732		1,370,602
TOTAL CURRENT ASSETS			I/ 87,759		1,508,576
LIABILITIES
CREDITORS. amounts	ihlllng due within one year	14	(428,089)		(658,790)
NET CURRENT ASSETS				859,670		849,786
TOTAL NET ASSETS				859,670		849,786
THE FUNDS OFTHE Restricted funds Unrestricted funds	CHARITY			394,502 465,168		475,127 374,659
		15		859,670		849,786

STATEMENT OF CASH	FL	OW	S
								Total Funds	Total Funds
								2021	2020
							Note
Cash Flows from Operating		Activities
Net cash provided by operating activities							17	(350,899)	203,605
Cash Flows from Investing		Activities
Interest trom investments								29	545
Net Cash Provided by Investing			Activities						545
Change in cash and cash	equivalents in the reporting				period			(350,870)	204,150
Cash and cash equivalents	at	the	beginning	ofthe reporting		period		1,370,602	1,166,452
Cash and cash equivalents	at	the	end ofthe	reporting	period			1,019,732	1,370,602

GRANTS AND DONATIONS	GRANTS AND DONATIONS	Restricted	Unrestricted	Total
YEAR ENDED 31STDECEMBER 2021		Funds	Funds	Funds
		2021	2021	2021
Donations		2,794,600		2,794,600
GlobalGiving Foundation			256,229	256,229
National Lottery Community	Fund	148,630		148,630
USAID		129,036		129,036
		3,072,266	256,229	3,328,495

E FINANCIAL STATEMENTS .,,..,, ,,.., , ,,.,.. . .......3CON	E FINANCIAL STATEMENTS .,,..,, ,,.., , ,,.,.. . .......3CON	E FINANCIAL STATEMENTS .,,..,, ,,.., , ,,.,.. . .......3CON	TINUED
GRANTS AND DONATIONS			Restricted	Um estricted	Total
YEAR ENDED 31STDECEMBER2020			Funds	Funds	Funds
			2020	2020	2020
				f
Donations			2,621,521	47,218	2,668,739
GlobalGiving Foundation				178,455	178,455
Services	in kind			12,451	12,451
National	Lottery Community	Fund	318,706		318,706
Other			91,224		91,224
			3,031,45]	238,124	3,269,575

CHARITABLE INCOME	Restricted	Unrestricted	Total
YEAR ENDED 31STDECEMBER 2021	Funds	Funds	Funds
	2021	2021	2021
		f.
Fees from corporate partners		127,969	127,969
CHARITABLE INCOME	Restncted	Unrestricted	Total
YEAR ENDED 31STDECEMBER 2020	Funds	Funds	Funds
	2020	2020	2020
			f
Fees from corporate partners		70,796	70,796
Training services		9,471	9,471
		80,267	80,267
INVESTMENT INCOME	Restricted	Unrestricted	Total
YEAR ENDED 31STDECEMBER 2021	Funds	Funds	Funds
	2021	2021	2021
Bank interest		29	29
INVESTMENT INCOME	Restricted	Unrestricted	Total
YEAR ENDED 31STDECEMBER2020	Funds	Funds	Funds
	2020	2020	2020
Bank interest		545	545
EXPENDITURE ON RAISING FUNDS	Restricted	Unrestricted	Total
YEAR ENDED 31STDECEMBER 2021	Funds	Funds	Funds
	2021	2021	2021
Fundraising		937	937
Marketing and website	974	1,462	2,436
	974	2399	3373

EXPENDITURE ON RAISING FUNDS	Restricted	Unrestricted	Total
YEAR ENDED 31STDECEMBER 2020	Funds	Funds	Funds
	2020	2020	2020
Marketing and website	873	1,025	1,898
ANALYSIS OF CHARITABLE ACTIVITIES	Direct	Support
YEAR ENDED 3 1ST DECEMBER 2021	Costs	Costs
	(Note 8)	(Note 9)	Total
	2021	2021	2021
Charitable activities	3,405, 102	38,134	3,443,236
ANALYSIS OF CHARITABLE ACTIVITIES	Direct	Support
YEAR ENDED 31ST DECEMBER 2020	Costs	Costs
	(Note 8)	(Note 9)	Total
	2020	2020	2020
Charitable activities	3,152,698	49,943	3,202,641
DIRECT COSTS	Restricted	Unrestricted
YEAR ENDED 31STDECEMBER 2021	Funds	Funds	Total
	Year	Year	Year
	2021	2021	2021
Project disbursements	2,869,896		2,869,896
Programme costs	52,876		52,876
Wages and salaries	191,041	237,581	428,622
National Insurance	17,071	20,645	37,716
Pension costs	7,260	8,732	15,992
	3,138,144	266,958	3,405, 102
DIRECT COSTS	Restricted	Unrestricted
YEAR ENDED 31STDECEMBER 2020	Funds	Funds	Total
	Year	Year	Year
	2020	2020	2020
		8
Project disbursements	2,835,887		2,835,887
Programme costs	27,341		27,341
Communications and marketing	112	132	244
Wages and salaries	30,773	224,036	254, 809
Nationallnsurance	3,140	19,861	23,001
Pension costs	920	10,496	11,416
	2,898,173	254,525	3,152,698

	SUPPORT COSTS		Restricted	Unrestricted
	YEAR ENDED 3IST	DECEMBER 2021	Funds	Funds	Total
			2021	2021	2021
	Rent and rates		3,482	5,222	8,704
	Travel and subsistence		206	310	516
	Membership subscriptions		798	1,197	1,995
	Insurance		418	628	1,046
	General office expenses		234	350	584
	Telephone		156	234	390
	Accountancy		436	1,106	1,542
	Training and recruitment		2,914	6,240	9,154
	Volunteer expenses		581	3,632	4,213
	Revenue participation	fees	1,492	538	2,030
	Governance costs
	Auditors' remuneration		],580	2,368	3,948
	Legal and professional	fees	1,076	1,616	2,692
	Other		400	920	1,320
			13,773	24,361	38,134
	SUPPORT COSTS		Restricted	Unrestricted
	YEAR ENDED 3IST	DECEMBER 2020	Funds	Funds	Total
			2020	2020	2020
			6		6
	Rent and rates		8,922	10,474	19,396
	Membership subscriptions		517	608	1,125
	Insurance		273	321	594
	General office expenses		164	192	356
	Telephone		193	239	432
	Accountancy		197	1,389	1,586
	Training and recruitment		425	3,472	3,897
	Volunteer expenses			3,960	3,960
	Revenue participation	fees	2,815	3,305	6,120
	Governance costs
	Auditors' remuneration		1,650	1,938	3,588
	Legal and professional	fees	2,898	3,402	6,300
	Other		],184	1,405	2,589
			19,238	30,705	49,943
10.	NET INCOMING RESOURCES			2021	2020
	This is stated after charging:			f,
	Auditor's remuneration			3,948	3,588

NOTES T	O THE FINANCIAL STATEM	ENTS	...		..,..JCO	NT	INUED
	STAFF COSTS									2021	2020
	Staff costs were as follows:-
	Wages and salanes									428,622	254,809
	Social security costs									37,716	23,001
	Pension conndbutions									15,992	11,416
										482,330	289,226
	The wage and salaries figure for 2021 above includes					fees	paid to	consultants	to fulfil required
	positions.
										2021	2020
	The average number ofemployees			during	the year was	as	follows:-			13	ll
										2021	2020
	The nuinber ofvolunteers	during	the year		was as follows;-						4
	The following number ofemployees			received employment			beneffts	during the year between:
										2021	2020
	f60,000 - F69,999									1
12.	TANGIBLE FIXEDASSETS							Plant &		Other Fixed
								Machinery		Assets	Total
	COST									6
	At 1st January 2021								4,067	49,251	53,318
	Disposals							(4,607)		(49251)	(53,318)
	At 31stDecember 2021
	DEPRECIATION
	At 1st January 2021								4,067	49,251	53,318
	Eliminated on disposal							(4,607)		(49,251)	(53,318)
	NET BOOK VALUE
	At 31stDecember 2020 and 31st		December 2021
13.	DEBTORS									2021	2020 I
	Other debtors									241,604	123,967
	Prepayments and accrued	income								26,423	14,007
										268,027	137,974
14.	CREDITORS: AMOUNTS FALLING				DUE IN LESS					2021	2020
	THAN ONE YEAR
	Trade creditors									367,349	492,659
	Social security and other	taxes								13,895	11,531
	Accruals and deferred income									46,845	154,600
										428,089	658,790

	Other Restricted Fund The fund holds money raised through corporate partner waiting USAID programme which commenced from January 2021.	Other Restricted Fund The fund holds money raised through corporate partner waiting USAID programme which commenced from January 2021.	to be disbursed and	the programme	costs for
16.	ANALYSIS OF NET ASSETS BETWEEN FUNDS		Restricted	Unrestricted
	YEAR ENDED 31STDECEMBER 2021		Funds	Funds	Total
			2021	2021	2021
			8
	Current assets		792,511	495,248	1,287,759
	Creditors due witbfn one year		(398,009)	(30,080)	(428,089)
			394,502	465,168	859,670
	ANALYSIS OF NET ASSETS BETWEEN FUNDS		Restricted	Unrestricted
	YEAR ENDED 31ST DECEMBER 2020		Funds	Funds	Total
			2020	2020	2020
			8	f.
	Current assets		1,112,375	396,201	1,508,576
	Creditors due within	one year	(637,248)	(21,542)	(658,790)
			475,127	374,659	849,786
17.	RECONCILIATION	OF INCOMING RESOURCES TO NET CASH FLOW		FROM OPERATING
	ACTIVITIES

ACTIVITIES
			2021	2020
			8
Net surplus for the	reporting	period	9,884	151,571
Adjusted for:
Interest fiom investments			(29)	(545)
Increase in debtors			(130,053)	(95,000)
(Decrease)/increase	in creditors		(230,701)	147,579
			(350,899)	203,605

		2021	2020
Office 'hot	desk'	6,000	2,000
Company	Secretarial Services	20,148	1,679
		26,148	3,679