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2022-03-31-accounts

P.H.O.E.B.E. Projects In Pictures. Nlh'J4 "14J tsiirK Q. 13

ky: 14

15

Pages
Trustees'
annual
report		 1to 5
Independent
examiner's		 report to the trustees
Statement
of financial
activities
Balance sheet
Statement of cash flows
Notes to the financial statements 10to 18

2022 2021
Unrestricted Restricted
Note funds funds
f		 Total funds
f		 Total funds
f
Income and endowments
Donations
and legacies		 4 195,077 367,105 562,182 396,262
Total income 195,077 367,105 562,182 396,262
Expenditure
Charitable
activities		 5 10,459 294,427 304,886 163,107
Total expenditure 10,459 294,427 304,886 163,107
Net income before transfer offunds 184,618 72,678 257,296 233,155
Transfers
between		 funds (6,987) 6,987
Net movement
in funds		 177,631 79,665 257,296 233,155
Reconciliation
offunds
Total funds
brought		 forward 64,394 180,379 244,773 11,618
Total funds carried forward 242,025 260,044 502,069 244,773

31 March 202 2
Note 2022 6 2021
6		 f
Fixed assets
Tangible
fixed assets		 271,752 7,643
Current assets
Debtors 9 51,418 34,903
Cash at bank and in hand 183,483 211,872
234,901 246,775
Creditors: Amounts falling due within
one year 10 (4,584) (9,645)
Net current assets 230,317 237,130
Total assets less current liabilities 502,069 244,773
Net assets 502,069 244,773
Funds ofthe charity
Restricted
funds		 260,044 180,379
Unrestricted
funds		 242,025 64,394
Total charity funds 502,069 244,773

2022 2021
6
Cash flows from operating activities
Net income 257,296 233,155
Adjustments
for:
Depreciation
of tangible
fixed assets		 3,941 1,732
Accrued income (19,925) (27,455)
Changesin:
Trade and other debtors 2,510 (5,403)
Trade and other creditors (4,161) 2,157
Cash generated from operations 239,661 204,186
Net cash from operating
activities		 239,661 204,186
Cash flows from investing activities
Purchase oftangible assets (268,050) (6,950)
Net cash used
in		 investing
activities		 (268,050) (6,950)
Net (decrease)/increase
in		 cash and cash equivalents (28,389) 197,236
Cash and cash equivalents at beginning ofyear 211,872 14,636
Cash and cash equivalents at end ofyear 183,483 211,872

Donations
and legacies
(continued)
Unrestricted Restricted Total Funds
Funds Funds 2021
8 f 6
Donations
Donations 3,034 7,605 10,639
Grants
Grants receivable 119,518 266,105 385,623
122,552 273,710 396,262

Unrestricted Restricted Total funds
fundsf funds
6		 2022
E
Wages and salaries 3,169 168,274 171,443
Telephone 308 2,855 3,163
Staff training
and welfare		 962 13,376 14,338
Project activity costs and events 3,513 63,465 66,978
Other office costs 124 1,443 1,567
Rent and rates 9,561 9,561
Insurance 419 419
Post and stationery 989 1,328 2,317
Software and systems 200 18,890 19,090
Small equipment 274 493 767
Support costs 920 14,323 15,243
10,459 294,427 304,886
Unrestricted Restricted Total funds
funds funds 2021
6 6 E
Wages and salaries 36,462 56,933 93,395
Telephone 1,017 1,130 2,147
Staff training
and welfare		 88 950 1,038
Project activity costs and events 6,863 33,356 40,219
Other office costs 725 6,340 7,065
Rent and rates 3,862 2,547 6,409
Insurance 97 419 516
Post and stationery 267 308 575
Small equipment 345 3,934 4,279
Support costs 5,159 2,305 7,464
54,885 108,222 163,107
Analysis ofsupport costs
2022f 2021
E
Independent
examiners fee		 1,350 1,710
Legal and professional 9,952 4,022
Depreciation 3,941 1,732
15,243 7,464

The total staff costs and employee
benefits for th		 e reporting
period are analysed
as follows:
2022f 2021
f.
Wages and salaries 159,978 85,831
Social security 8,934 6,700
Pension 2,531 864
171,443 93,395

8. Tangible fix ed assets
Freehold Office
property
F		 Equipment Total
f
Cost
At 1 April 2021 16,772 16,772
Additions 241,291 26,759 268,050
At 31 March 2022 241,291 43,531 284,822
Depreciation
At 1 April 2021 9,129 9,129
Charge for the year 402 3,539 3,941
At 31 March 2022 402 12,668 13,070
Carrying
amount
At 31 March 2022 240,889 30,863 271,752
At 31 March 2021 7,643 7,643
9. Debtors
2022
f		 2021
f
Prepayments and accrued income 48,525 34,750
Other debtors 2,893 153
51,418 34,903

Creditors: Amounts
 falling due within one year
2022 2021
6
Trade creditors 300
Accruals and deferred income 2,520 3,420
Social security and other taxes 456 286
Wages payable 1,308 5,939
4,584 9,645

Analysis ofcharitable
funds
Year ended 31 March 2022
1 Apr 2021f Income
f		 Expenditure
f		 Transfers 31 Mar 2022
f
Restricted funds
Domestic violence project
Self esteem project
ESOL project		 141,259
37,718
3,071		 257,807
90,078
4,000		 (184,424)
(86,230)
(3,236)		 214,643
41,566
3,835
PHOEBE Zimbabwe (1,669) 15,220 (20,538) (6,987)
180,379 367,105 (294,428) (6,987) 260,044
Unrestricted
funds
General funds 64,394 195,077 (10,459) 6,987 242,025
Total funds 244,773 562,182 (304,886) 502,069
Year ended 31 March 2021
1 Apr 2020
f		 Income
f		 Expenditure
f		 Transfers
f		 31 Mar 2021
f
Restricted funds
Domestic violence project
Self esteem project
ESOL project
PHOEBE Zimbabwe		 5,193
16,547
3,198
(10,047)		 195,430
42,475
3,040
32,765		 (59,364)
(21,304)
(3,167)
(24,387)		 141,259
37,718
3,071
(1,669)
14,891 273,710 (108,222) 180,379
Unrestricted
funds
General funds (3,273) 122,552 (54,885) 64,394
Total funds 11,618 396,262 (163,107) 244,773

12. Analysis o f net asse f net asse f net asse ts between
funds		 ts between
funds
Year ended 31 March 2022
Net current
Fixed Assets assets Total
E 6
Restricted funds 136,176 123,868 260,044
Unrestricted funds 135,576 106,449 242,025
271,752 230,317 502,069
Year ended 31 March 2021
Net current
Fixed Assets assets Total
6 6
Restricted funds 6,281 174,098 180,379
Unrestricted funds 1,362 63,032 64,394
7,643 237,130 244,773
13. Analysis ofchanges in net debt
At
At 1 Apr 2021
f		 Cash flows
6		 31 Mar 2022
6
Cash at bank and in hand 211,872 (28,389) 183,483
14. Operating lease commitments
The total future minimum lease payments under non-cancellable operating leases are as follows:
2022 2021
f
3,000