##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Charitable|activities||||||
|Environment|and Climate Change||614,447|2,087,571|2,702,018|2,837,476|
|Investment|income||122||122||
|Total|||614,569|2,087,571|2,702,140|2,837,477|
|EXPENDITURE ON|||||||
|Charitable|activities||||||
|Environment|and Climate Change||678,476|2,350,710|3,029, 186|2,590,640|
|NET INCOME/(EXPENDITURE)|||(63,907)|(263,139)|(327,046)|246,837|
|RECONCILIATION
OF FUNDS|||||||
|Total funds|brought
forward||482,263|1,287,617|1,769,880|1,523,043|
|TOTAL FUNDS CARRIED FORWARD|||418,356|1,024,478|1,442,834|1,769,880|
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|FIXEDASSETS||||||||
|Tangible assets|||10|18,700||18,700|904|
|Investments|||11|100||100|100|
|||||18,800||18,800|1,004|
|CURRENT ASSETS||||||||
|Debtors|||12|180,018||180,018|239,149|
|Cash at bank||||326,073|1,024,478|1,350,551|1,711,738|
|||||506,091|1,024,478|1,530,569|1,950,887|
|CREDITORS||||||||
|Amounts
falling due within one year|||13|(106,535)||(106,535)|(182,011)|
|NET CURRENT ASSETS||||399,556|1,024,478|1,424,034|1,768,876|
|TOTAL ASSETSLESSCURRENT||||||||
|LIABILITIES||||418,356|1,024,478|1,442,834|1,769,880|
|NET ASSETS||||418,356|1,024,478|1,442,834|1,769,880|
|FUNDS|||15|||||
|Unrestricted
funds:||||||||
|General fund||||||297,186|350,697|
|Beijing operations|fund|||||102,470|130,662|
|Fixed Asset designated||fund||||18,700|904|
|||||||418,356|482,263|
|Restricted funds||||||1,024,478|1,287,617|
|TOTAL FUNDS||||||1,442,834|1,769,880|
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from|operating||activities||||
|Cash generated
Irom operations|||||~337,913)|548,232|
|Net cash (used in)/provided|||by operating
activities||~337,913)|548,232|
|Cash flows from|investing||activities||||
|Purchase oftangible fixed||assets|||(23,396)|(1,120)|
|Interest received|||||122|4|
|Net cash used in|investing|activities|||~23,274)|~1,116)|
|Change in cash|and cash|equivalents||in the|||
|reporting
period|||||(361,187)|547,116|
|Cash and cash equivalents|||at the beginning||||
|ofthe reporting|period||||1,711,738|1,164,622|
|Cash and cash equivalents|||at the end|ofthe|||
|reporting
period|||||1,350,551|1,711,738|
##
||RECONCILIATION|OF|NET (EXPENDITURE)/INCOME|NET (EXPENDITURE)/INCOME|TO NET CASH|FLOW FROM|OPERATING|
|---|---|---|---|---|---|---|---|
||ACTIVITIES|||||||
|||||||2022|2021|
||Net (expenditure)/income||for the reporting|period (as per the|Statement|||
||ofFinancial Activities)|||||(327,046)|246,837|
||Adjustments
for:|||||||
||Depreciation
charges|||||5,600|560|
||Interest received|||||(122)|(4)|
||Decrease in debtors
(Decrease)/increase
in creditors|||||59,131
~76,476|220,646
80,193|
||Net cash (used in)/provided||by operations|||~337,913)|548,232|
|2.|ANALYSIS OF CHANGES IN NET FUNDS|||||||
|ANALYSIS OF CHANGES IN NET F|UNDS|||
|---|---|---|---|
||At 1/1/22|Cash flow|At 3I/12/22|
|Net cash||||
|Cash at bank|1,711,738|361,187|1,350,551|
||1,711,738|~361,187)|1,350,551|
|Total|1,711,738|~361,187)|1,350,551|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||Deposit account interest|||||122||
|3.|INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||||2022|2021|
|||||Activity||||
||Project Income - Other Fees|||||||
||Receivable|||Environment|and Climate Change|168,479|22,154|
||Grants and Donations|||Environment|and Climate Change|2,533,539|2,815,319|
|||||||2,702,018|2,837,473|
||Grants received, included|in the||above, are as follows:||||
|||||||2022|2021|
||European
Climate Foundation|||||779,184|384,917|
||Rockefeller Brothers Foundation|||||244,100|182,462|
||Henry Luce Foundation|||||49,473|47,159|
||Climateworks
Foundation||||||2,202|
||Department
for International||Development||||541,048|
||Oak Foundation||||||128,334|
||Waterloo Foundation|||||10,000|40,000|
||Packard Foundation|||||370,325|315,393|
||Moore Foundation|||||316,575|366,276|
||Hewlett Foundation|||||220,082|394,600|
||WWF||||||21,646|
||Carnegie Council for Ethics in International||||Affairs||7,401|
||Raoul Wallenberg
Institute|||||44,173|4,148|
||Ford Foundation||||||66,708|
||Growald Family Fund||||||75,683|
||Swiss Philanthropy
Foundation||||||8,289|
||Woodrow Wilson Center|||||4,763|20,247|
||Other Grants|||||229,678|54,928|
||Robert Bosch Foundation||||||42,065|
||Mott Foundation|||||43,942|111,813|
||Children
Investment
Fund|||||221,244||
|||||||2,533,539|2,815,319|
##
|4.|CHARITABLE ACTIVITIES COSTS|CHARITABLE ACTIVITIES COSTS|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|---|---|---|
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 5)|Totals|
||Environment
and Climate||Change|2,621,042|408,144|3,029,186|
|5.|SUPPORT COSTS||||||
|||||||Management|
||Environment
and Climate||Change|||408,144|
||Support costs, included|in the above, are as follows:|||||
||Management||||||
||||||2022|2021|
||||||Total|Total|
||||||activities|activities|
||Establishment||||120,314|54,590|
||Office||||145,907|69,666|
||Legal and Professional||||1,438|1,401|
||Accountancy||||33,025|30,795|
||Other||||18,714|24,338|
||Website||||77,146|97,862|
||Audit||||6,000|5,160|
||Depreciation oftangible|and heritage assets|||5,600|560|
||||||408,144|284,372|
|6.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)||is stated after charging/(crediting):||||
||||||2022|2021|
||Depreciation - owned assets||||5,600|561|
||Auditors'
remuneration||||3,800|3,010|
||Auditors'
remuneration|-|non audit services||2,200|2,150|
##
##
##
|STAF|F COSTS|||
|---|---|---|---|
|||2022|2021|
|Wages|and salaries|974,163|718,118|
|Social|security costs|111,362|74,994|
|Other|pension costs|32,729|25,924|
|||1,118,254|819,036|
|The average monthly
number ofemployees
during|the year was as follows:||
|---|---|---|
||2022|2021|
|Editorial|21|18|
|Administration|3|1|
||24|19|
|The num|ber ofemployees
whose employee
benefits (e|xcluding
employer
pension costs) exceeded K|60,000was:|
|---|---|---|---|
|||2022|2021|
|f60,001|- f70,000||1|
|f70,001|- f80,000||1|
|f90,001|- f100,000||1|
##
|9.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||INCOME AND ENDOWMENTS FROM||||
||Charitable
activities||||
||Environment
and Climate Change|332,951|2,504,525|2,837,476|
||Investment
income||||
||Total|332,952|2,504,525|2,837,477|
||EXPENDITURE ON||||
||Charitable
activities||||
||Environment
and Climate Change|526,343|2,064,297|2,590,640|
||NET INCOME/(EXPENDITURE)|(193,391)|440,228|246,837|
||RECONCILIATION
OF FUNDS||||
||Total funds brought
forward|675,654|847,389|1,523,043|
||TOTAL FUNDS CARRIED FORWARD|482,263|1,287,617|1,769,880|
|10.|TANGIBLE FIXEDASSETS||||
|||||Computer|
|||||equipment|
||COST||||
||At 1stJanuary 2022|||9,766|
||Additions|||23,396|
||At 31stDecember 2022|||33,162|
||DEPRECIATION||||
||At 1stJanuary 2022|||8,862|
||Charge for year|||5,600|
||At 31stDecember 2022|||14,462|
||NET BOOKVALUE||||
||At 31stDecember 2022|||18,700|
||At 31stDecember 2021|||904|
##
##
|FIXEDASSET INVESTMENTS||
|---|---|
||Unlisted|
||investments|
|MARKET VALUE||
|At 1stJanuary 2022 and 31stDecember 2022|100|
|NET BOOKVALUE||
|At 31stDecember 2022|100|
|At 31stDecember 2021|100|
##
##
|Nature ofbusiness: translation
an|Nature ofbusiness: translation
an|d interpreting|||
|---|---|---|---|---|
|Class ofshare:||holding|||
|Ordinary||100|||
||||2022|2021|
|Aggregate
capital and reserves|||100|100|
|The result for|the year was %nil|(2021:anil).|||
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
|Trade debtors|||102,470|149,925|
|Amounts
owed by group undertakings|||324||
|Other debtors|||33,324|14,517|
|Prepayments|and accrued income||43,900|74,707|
||||180,018|239,149|
##
##
|CREDITORS: AMOUNTS FALLING DUE WITHIN ON|E YEAR||
|---|---|---|
||2022|2021|
|Trade creditors|30,465|18,440|
|Amounts
owed to group undertakings||62,444|
|Social security and other taxes|29,835|20,561|
|Other creditors|40,235|25,769|
|Accruals and deferred income||49,637|
|Accrued expenses|6,000|5,160|
||106,535|182,011|
##
||2022|2021|
|---|---|---|
|Within one year|96,581|8,000|
|Between one and five years|362,521|48,000|
||459,102|56,000|
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1/1/22|in funds|funds|31/12/22|
|Unrestricted|funds|||||||
|General fund||||350,697|(63,907)|10,396|297,186|
|Beijing operations||fund||130,662||(28,192)|102,470|
|Fixed Asset|designated||fund|904||17,796|18,700|
|||||482,263|(63,907)||418,356|
|Restricted funds||||||||
|Other||||1,085,597|(174,694)||910,903|
|Third Pole||||161,494|(113,960)||47,534|
|Dialogo Chino||||40,526|25,515||66,041|
|||||1,287,617|~263,139)||1,024,478|
|TOTAL FUNDS||||1,769,880|~327,046)||1,442,834|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||614,569|(678,476)|(63,907)|
|Restricted
funds|||||
|Other||1,587,970|(1,762,664)|(174,694)|
|Third Pole
Dialogo Chino||272,180
227,421|(386,140)
~201,906)|(113,960)
25,515|
|||2,087,571|2,350,710|~263,139)|
|TOTAL FUNDS||2,702,140|~3,029,106)|~327,046)|
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1/1/21|in funds|funds|31/12/21|
|Unrestricted|funds|||||||
|General fund||||245,112|(193,391)|298,976|350,697|
|Beijing operations||fund||430,197||(299,535)|130,662|
|Fixed Asset|designated||fund|345||559|904|
|||||675,654|(193,391)||482,263|
|Restricted funds||||||||
|Other||||721,696|363,901||1,085,597|
|Third Pole
Dialogo Chino||||78,481
47,212|83,013
~6,606)||161,494
40,526|
|||||847,389|440,228||1,287,617|
|TOTAL FUNDS||||1,523,043|246,837||1,769,880|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||332,952|(526,343)|(193,391)|
|Restricted
funds|||||
|Other||1,745,697|(1,381,796)|363,901|
|Third Pole
Dialogo Chino||543,000
215,828|(459,987)
~222,514)|83,013
~6,606)|
|||2,504,525|~2,064,297|440,228|
|TOTAL FUNDS||2,837,477|~2,590,640)|246,837|
##