# **REGISTERED COMPANY NUMBER: 07211790 (England and Wales) REGISTERED CHARITY NUMBER: 1136457**
# **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
**FOR**
## **TRANSFORM BURKINA**
Weaver Wroot 28 Dudley Street Grimsby N E Lincolnshire DN31 2AB
## **TRANSFORM BURKINA**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 7|
|**Independent Examiner's Report**|8 to 9|
|**Statement of Financial Activities**|10|
|**Balance Sheet**|11 to 12|
|**Cash Flow Statement**|13|
|**Notes to the Cash Flow Statement**|14|
|**Notes to the Financial Statements**|15 to 24|
|**Detailed Statement of Financial Activities**|25 to 26|
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2021. The trustees have adopted the provisions of 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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **About Transform Burkina**
Transform Burkina was founded in 2010 in response to trustees' first-hand experience of poverty in Burkina Faso. Our mission is to work in partnership to give every life we touch the opportunity to reach their full potential. We aim to achieve this through supporting the provision of high-quality projects to improve: Education, skills and vocational training. Health and nutrition. Water supply and sanitation.
The ethos behind these is to empower the people of Burkina Faso to be able to continue to bless and influence the world through improved health, education and livelihoods. We also aim to raise people's awareness of the country and the benefits of its culture.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Our Objectives are:
a) To relieve sickness and financial hardship and to promote and preserve good health by the provision of goods and services of any kind in such parts of Burkina Faso or the World as the Trustees from time to time may think fit.
b) To advance education in such parts of Burkina Faso or the World as the Trustees from time to time may think fit.
It is the Charity's aim to fulfil these objectives as a practical outworking of Christian faith-based values.
Page 1
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
## **Review of the year**
This has been another challenging year in Burkina Faso due to the combination of the Covid-19 pandemic and the ongoing security issues.
The official numbers for those testing positive or dying from Covid-19 have remained relatively low. However, the lack of testing means that the actual numbers are almost certainly considerably higher than this, although evidence suggests the country has not been affected as badly as many more developed nations with older populations and more internal movements of people.
Once again, the Covid-19 pandemic has meant that Transform Burkina staff and trustees have been unable to travel to Burkina Faso this year.
Throughout the year, increased insecurity, particularly in the north and east of the country, has led to internal migration within the country towards areas perceived to be safer. It is now estimated that approximately 1 million people in Burkina Faso are classed as internally displaced.
During the year we took over the management of the projects previously managed by the charity Giving Africa, which was winding down. All of these projects came with some initial funding, but it is expected that Transform Burkina will have to find funding in the long term for them to be sustainable.
## **Education**
With an estimated 70% of the population of Burkina Faso illiterate*, we have continued our support for education, via our local partners' network of 12 schools, believing it has a vital role in allowing individuals to realise their full potential. During the year we supported projects including:
- Ongoing support for 56 students and the bursary scheme, linking individual children in Burkina Faso to their donors. This is double the number from the previous year due to the addition of the bursary scheme previously managed by Giving Africa.
- Ongoing salary support for rural teachers.
- Providing 50,000 school meals per year to those most in need.
- Supporting an education project exclusively for girls.
- Supporting a Tailoring project with 40 students.
- Sponsoring a student nurse through her studies.
- Supporting a literacy project in villages east of Ouagadougou in Zougou and Doundoudougou resulting in 64 graduates in literacy, numeracy and basic business skills who are then helped to establish their own small agricultural businesses.
Page 2
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
## **OBJECTIVES AND ACTIVITIES**
## **Water and sanitation**
20% of all Burkinabe children suffer recurring bouts of disease caused by dirty water and 50% of all schools have no toilets. We are continuing our work to provide more communities with access to clean, accessible water together with good sanitation and hygiene facilities and training, believing this should be a basic right for all. During the year we supported projects including:
- Launching our major WASH (Water, Sanitation and Health) project in north western Burkina Faso, funded predominately by UK Aid. This is a 2 year project which aims to provide 6 new or refurbished wells giving clean water to 3 villages with total populations of 8,500 people. The project will also provide 75 toilets for those households most in need and will include various training courses in maintenance, hygiene and sanitation.
- Providing funding for a dam and a new well in the village of Mako. The dam will enable the community to trap water collected during the rainy season for agricultural use throughout the year, whilst the new well will provide clean water to a village which previously had no source of clean water.
## **Agriculture**
Food supply is a key issue in Burkina Faso with 3.3 million of the population of 20 million facing acute food insecurity. We aim to work with local communities to give them the skills and tools necessary to establish their own small-scale agricultural projects and to help them develop ways of ensuring a more reliable and less seasonal water supply. During the year we supported projects including:
- Providing funding for two agricultural courses in Goury in the North Region enabling 200 students to learn the basics of agricultural techniques.
- Providing agricultural 'kits' to 20 students to enable them to start their own small businesses.
- Providing funding to develop a new agricultural educational project in Ouahigouya in the far north-west of the country.
- Providing funding to expand a chicken project.
## **Organisational development**
At the core of our work are our local partners, particularly AEAD, a Burkina based NGO, whom we have worked with principally since our foundation. In the last year we have also begun a partnership with APENF, another Burkina based NGO.
## **Public Benefit**
The United Nations, ranks Burkina Faso amongst the world's poorest five countries in terms of development. We seek to transform the lives of some of the very poorest people on our planet, but also aim to introduce people in the UK to the riches of Burkinabe culture and hospitality, believing Burkina Faso can be a blessing to the world.
* Figures taken from the latest United Nations Development Programme and World Health Organisation reports for Burkina Faso.
Page 3
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
## **FINANCIAL REVIEW**
## **Reserves policy**
The trustees aim to hold sufficient unrestricted funds to cover three month's routine outgoings and, at year end, the figure held stood at £10,800, representing around 6 months' reserves. The improvement in general funds is attributable to an upfront contribution from UK Aid in respect of the WASH programme's administration costs. This will gradually reduce as the project proceeds.
Raising unrestricted funds continues to represent a significant challenge for us, as it does for many charities. Trustees are aware of the risk this represents and are working on a strategy that aims to build up reserves to at least the level the policy calls for. This reserves 'target' is regularly reviewed as part of trustees' risk management review.
All restricted and any surplus unrestricted funds are remitted to Burkina Faso as quickly as possible after receipt, in accordance with project plans and schedules.
## **Income and expenditure**
Total incoming resources were £187,296 compared to £108,322 in the previous year. Included in the incoming resources for the year is £89,438 from another charity (Giving Africa), which has now transferred to us the responsibility of delivering a number programmes including: provision of school meals, student sponsorship, agriculture and entrepreneurial skills development. Apart from the one-off transfer from Giving Africa (£89,438), funding came from churches (£34,750), UK Aid (WASH programme £15,381), Trusts and Foundations (£7,655) and individuals through sponsorships and other regular giving (£38,576). A fund-raising event close to the year-end (Chase the Sun) raised over £5,000 of which £1,496 was recorded in this financial year. We are enormously grateful to all of those who have supported our work financially, practically and prayerfully.
Total charitable expenditure was £146,677, compared to £59,036 the previous year. There are several reasons for this, Covid-19 among them. At the year end the charity was holding £120,768 in funds available to our overseas projects. Of this amount, £83,000 was for projects spanning a 2 year period, £11,000 is for well-drilling projects still to be identified and the balance should be spent in the next 12 month period.
Most of the funds received by the charity are restricted to specific programmes. This year donations amounting to £159,943 were received for these specific programmes and the corresponding expenditure was £125,454. Details of the funds and the balances held at the financial year-end are shown in the notes to the accounts. As we have grown in recent years, we have sought to keep non project costs to a minimum, helped by the fact that our trustees and others offer much time and energy on a voluntary basis.
No report of money spent, facilities built or equipment provided can encapsulate the immense impact on people's lives that this provision brings: be it clean water, education, small loans to start a business or health facilities. We, who have come to take these things for granted, cannot now imagine how life would be without them. Supporting transformation 'one life at a time' is why Transform Burkina exists and we thank you for your support.
Page 4
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
## **PLANS FOR NEXT YEAR**
## In **education** we aim to:
- Maintain the new and higher number of children to whom we can offer bursaries
- Maintain our programme of teacher support.
- Continue our support for the Literacy projects and libraries in Zougou and Doundoudougou.
- Continue providing 50,000 school meals a year.
- Continue our support of the girls education project.
- Continue our support the tailoring project.
- Continue our support of the student nurse.
## In **water and sanitation** we aim to:
- Continue of our two-year WASH programme in Zondoma Province.
- Launch a major multi-year Wells Rehabilitation Project in the North Region with aim of using funding from carbon offsetting to fund the rehabilitation of wells. In Year 1 the project aims to rehabilitate 104 wells which have fallen into disuse, providing clean water for 40,000 people.
In **agriculture** we aim to:
- Continue funding the two agricultural courses in Gourcy.
- Develop a rice project to help feed those who have been displaced by the security issues.
In addition, we will continue to support the capacity of both our and our partners' **organisational development** through regular exchanges of ideas, further enhancements to reporting systems, monitoring and evaluation of projects etc.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is a company limited by guarantee and is controlled by its governing document, its Memorandum and Articles of Association. The company was registered on 1st April 2010 and the charity was registered in June of that year.
## **Organisational structure**
The trustees meet at least 3 times a year as a full board. They also use regular telephone conferencing to keep each other informed. Day to day management of the charity is undertaken by the Executive Officer.
## **Risk management**
The trustees regularly reviewed the potential risks faced by the charity using the risk register in place. They believe that adequate controls and procedures are in place to minimise these risks. The trustees are aware of their responsibilities and keep these issues under on-going review.
Page 5
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 07211790 (England and Wales)
## **Registered Charity number**
1136457
## **Registered office**
5 Bluestone Way Sutton on Sea Lincolnshire LN12 2UU
## **Trustees**
S Buwert R W McCullagh C Richards D J Smith J M Walker J M West
## **Company Secretary**
J M West
## **Independent Examiner**
Weaver Wroot 28 Dudley Street Grimsby N E Lincolnshire DN31 2AB
## **Bankers**
CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
Page 6
## **TRANSFORM BURKINA**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS Correspondence address**
20 York Road York YO24 4LU
Tel: 07850 359476 Email: jonny@transformburkina.org.uk Web www.transformburkina.org.uk
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 25 March 2022 and signed on its behalf by:
D J Smith - Trustee
Page 7
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRANSFORM BURKINA**
## **Independent examiner's report to the trustees of Transform Burkina ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Page 8
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRANSFORM BURKINA**
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and 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.
Scott Nixon FCCA Weaver Wroot 28 Dudley Street Grimsby N E Lincolnshire DN31 2AB
25 March 2022
Page 9
## **TRANSFORM BURKINA**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Charitable activities
Other
**Total**
**NET INCOME**
**Transfers between funds**
8
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**2021**
Unrestricted
Restricted
**Total**
fund
funds
**funds**
£
£
**£**
**25,855**
**159,943**
**185,798**
**-**
**1,496**
**1,496**
**2**
**-**
**2**
**25,857**
**161,439**
**187,296**
**4,700**
**174**
**4,874**
**16,349**
**125,454**
**141,803**
**-**
**-**
**-**
**21,049**
**125,628**
**146,677**
**4,808**
**35,811**
**40,619**
**(1)**
**1**
**-**
**4,807**
**35,812**
**40,619**
**6,002**
**84,956**
**90,958**
**10,809**
**120,768**
**131,577**|2020
Total
funds
£
107,610
710
2|
|---|---|---|
|||108,322
6,144
52,498
394|
|||59,036|
|||49,286
-|
|||49,286
41,672|
|||90,958|
The notes form part of these financial statements
Page 10
## **TRANSFORM BURKINA**
## **BALANCE SHEET 30 JUNE 2021**
|Notes
**CURRENT ASSETS**
Debtors
6
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
Restricted
fund
funds
£
£
**1,128**
**1,307**
**10,454**
**119,461**
**11,582**
**120,768**
**(773)**
**-**
**10,809**
**120,768**
**10,809**
**120,768**
**10,809**
**120,768**|**2021**
**Total**
**funds**
**£**
**2,435**
**129,915**
**132,350**
**(773)**
**131,577**
**131,577**
**131,577**
**10,809**
**120,768**
**131,577**|2020
Total
funds
£
2,405
89,723
92,128
(1,170)
90,958
90,958
90,958
6,002
84,956
90,958|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 11
continued...
## **TRANSFORM BURKINA**
## **BALANCE SHEET - continued 30 JUNE 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 25 March 2022 and were signed on its behalf by:
D J Smith - Trustee
The notes form part of these financial statements
Page 12
## **TRANSFORM BURKINA**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2021**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash**
**equivalents in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the**
**end of the reporting period**|**2021**
**£**
**40,190**
**40,190**
**2**
**2**
**40,192**
**89,723**
**129,915**|2020
£
48,039|
|---|---|---|
|||48,039|
|||2|
|||2|
||||
|||48,041
41,682|
|||89,723|
The notes form part of these financial statements
Page 13
## **TRANSFORM BURKINA**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2021**
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net income for the reporting period (as per the Statement**
**of Financial Activities)**
**Adjustments for:**
Interest received
(Increase)/decrease in debtors
Decrease in creditors
**Net cash provided by operations**|**2021**
**£**
**40,619**
**(2)**
**(30)**
**(397)**
**40,190**|2020
£
49,286
(2)
556
(1,801)
48,039|
|---|---|---|
## 2. **ANALYSIS OF CHANGES IN NET FUNDS**
|**Net cash**
Cash at bank and in hand
**Total**|At 1.7.20
Cash flow
**At 30.6.21**
£
£
**£**
**89,723**
**40,192**
**129,915**
**89,723**
**40,192**
**129,915**
**89,723**
**40,192**
**129,915**|
|---|---|
The notes form part of these financial statements
Page 14
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. The trustees have concluded that, with the exception of reanalysing Governance Costs to now form part of Charitable Activities, no other restatement of items has been required in making the transition to FRS 102. The transition date was 1 July 2015.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Page 15
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. OTHER TRADING ACTIVITIES**
|Fundraising events
Sponsorships
**INVESTMENT INCOME**
Interest receivable - trading|**2021**
**£**
**1,496**
**-**
**1,496**
**2021**
**£**
**2**|2020
£
90
620|
|---|---|---|
|||710|
|||2020
£
2|
## **3. INVESTMENT INCOME**
Page 16
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 June 2021 nor for the year ended 30 June 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2021 nor for the year ended 30 June 2020.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
||**2021**|2020|
|---|---|---|
|Management|**1**|1|
No employees received emoluments in excess of £60,000.
The charity has one employee who works part time (2020 one employee who worked part time).
## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||**2021**|2020|
|---|---|---|
||**£**|£|
|Other debtors|**2,435**|2,405|
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continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Trade creditors
Social security and other taxes
Accrued expenses|**2021**
**£**
**23**
**-**
**750**
**773**|2020
£
65
355
750|
|||1,170|
## **8. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
AEAD - General Support
Water - Well Drilling
Education - International Bursary
Health - Family support
Education - Ratyiri development
Education - Stafford Centre
ophanage
Health - Health Clinic
Education - Build
MicroCredit Scheme
WASH Project
Adult Literacy
Unallocated Funds
Female Education
Education - Scholarships
Giving Africa
UK Aid
Wells rehabilitation
Irrigation Project
School Food
**TOTAL FUNDS**|Net
movement
At 1.7.20
in funds
£
£
**6,002**
**4,808**
**2,070**
**(1,400)**
**3,972**
**14,210**
**587**
**184**
**444**
**10**
**7,060**
**1,000**
**11,200**
**-**
**89**
**(90)**
**67**
**-**
**373**
**-**
**31,808**
**500**
**26,122**
**(25,756)**
**1,164**
**1,367**
**-**
**4,975**
**-**
**1,209**
**-**
**67,988**
**-**
**6,838**
**-**
**(2,024)**
**-**
**(18,200)**
**-**
**(15,000)**
**84,956**
**35,811**
**90,958**
**40,619**|Transfers
between
At
funds
30.6.21
£
£
**(1)**
**10,809**
**-**
**670**
**(7,000)**
**11,182**
**-**
**771**
**-**
**454**
**-**
**8,060**
**(11,200)**
**-**
**1**
**-**
**-**
**67**
**-**
**373**
**(4,911)**
**27,397**
**-**
**366**
**-**
**2,531**
**-**
**4,975**
**5,875**
**7,084**
**(20,875)**
**47,113**
**2,887**
**9,725**
**2,024**
**-**
**18,200**
**-**
**15,000**
**-**
**1**
**120,768**
**-**
**131,577**|At
30.6.21
£
**10,809**
**670**
**11,182**
**771**
**454**
**8,060**
**-**
**-**
**67**
**373**
**27,397**
**366**
**2,531**
**4,975**
**7,084**
**47,113**
**9,725**
**-**
**-**
**-**|
|---|---|---|---|
Page 18
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **8. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
AEAD - General Support
Water - Well Drilling
Education - International Bursary
Health - Family support
Education - Ratyiri development
Health - Health Clinic
Soulyale Project
WASH Project
Adult Literacy
Unallocated Funds
Emergency relief
Female Education
Education - Scholarships
Giving Africa
UK Aid
Wells rehabilitation
Irrigation Project
School Food
**TOTAL FUNDS**|Incoming
resources
£
**25,857**
**-**
**30,960**
**4,629**
**2,730**
**5,000**
**144**
**3,559**
**900**
**3,554**
**1,496**
**1,500**
**6,975**
**1,209**
**83,402**
**15,381**
**-**
**-**
**-**
**161,439**
**187,296**|Resources
expended
£
**(21,049)**
**(1,400)**
**(16,750)**
**(4,445)**
**(2,720)**
**(4,000)**
**(234)**
**(3,559)**
**(400)**
**(29,310)**
**(129)**
**(1,500)**
**(2,000)**
**-**
**(15,414)**
**(8,543)**
**(2,024)**
**(18,200)**
**(15,000)**
**(125,628)**
**(146,677)**|Movement
in funds
£
**4,808**
**(1,400)**
**14,210**
**184**
**10**
**1,000**
**(90)**
**-**
**500**
**(25,756)**
**1,367**
**-**
**4,975**
**1,209**
**67,988**
**6,838**
**(2,024)**
**(18,200)**
**(15,000)**
**35,811**
**40,619**|
|---|---|---|---|
Page 19
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **8. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
AEAD - General Support
Water - Well Drilling
Education - International Bursary
Health - Container
Health - Family support
Education - Ratyiri development
Education - Stafford Centre
ophanage
Health - Health Clinic
Education - Build
MicroCredit Scheme
WASH Project
Clinic
Adult Literacy
Unallocated Funds
**TOTAL FUNDS**|Net
movement
At 1.7.19
in funds
£
£
2,046
3,956
670
1,400
2,347
1,625
684
(97)
(1,636)
400
454
(10)
6,060
1,000
1,725
11,200
20
69
67
-
60
313
28,775
3,033
400
(400)
-
26,122
-
675
39,626
45,330
41,672
49,286|Transfers
between
funds
£
-
-
-
-
1,236
-
-
(1,725)
-
-
-
-
-
-
489
-
-|At
30.6.20
£
6,002
2,070
3,972
587
-
444
7,060
11,200
89
67
373
31,808
-
26,122
1,164|
|---|---|---|---|
||||84,956|
||||90,958|
Page 20
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **8. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
AEAD - General Support
Water - Well Drilling
Education - International Bursary
Health - Container
Health - Family support
Education - Ratyiri development
Education - Stafford Centre
ophanage
Health - Health Clinic
MicroCredit Scheme
Soulyale Project
WASH Project
Clinic
Adult Literacy
Unallocated Funds
Emergency relief
**TOTAL FUNDS**|Incoming
resources
£
29,339
3,098
2,125
3,363
400
2,730
5,000
11,200
4,654
313
8,600
3,033
-
26,312
675
7,480
78,983
108,322|Resources
expended
£
(25,383)
(1,698)
(500)
(3,460)
-
(2,740)
(4,000)
-
(4,585)
-
(8,600)
-
(400)
(190)
-
(7,480)
(33,653)
(59,036)|Movement
in funds
£
3,956
1,400
1,625
(97)
400
(10)
1,000
11,200
69
313
-
3,033
(400)
26,122
675
-
45,330
49,286|
|---|---|---|---|
Page 21
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
AEAD - General Support
Water - Well Drilling
Education - International Bursary
Health - Container
Health - Family support
Education - Ratyiri development
Education - Stafford Centre
ophanage
Health - Health Clinic
Education - Build
MicroCredit Scheme
WASH Project
Clinic
Adult Literacy
Unallocated Funds
Female Education
Education - Scholarships
Giving Africa
UK Aid
Wells rehabilitation
Irrigation Project
School Food
**TOTAL FUNDS**|Net
movement
At 1.7.19
in funds
£
£
2,046
8,764
670
-
2,347
15,835
684
87
(1,636)
400
454
-
6,060
2,000
1,725
11,200
20
(21)
67
-
60
313
28,775
3,533
400
(400)
-
366
-
2,042
-
4,975
-
1,209
-
67,988
-
6,838
-
(2,024)
-
(18,200)
-
(15,000)
39,626
81,141
41,672
89,905|Transfers
between
At
funds
30.6.21
£
£
(1)
10,809
-
670
(7,000)
11,182
-
771
1,236
-
-
454
-
8,060
(12,925)
-
1
-
-
67
-
373
(4,911)
27,397
-
-
-
366
489
2,531
-
4,975
5,875
7,084
(20,875)
47,113
2,887
9,725
2,024
-
18,200
-
15,000
-
1
120,768
-
131,577|At
30.6.21
£
10,809
670
11,182
771
-
454
8,060
-
-
67
373
27,397
-
366
2,531
4,975
7,084
47,113
9,725
-
-
-|
|---|---|---|---|
Page 22
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
AEAD - General Support
Water - Well Drilling
Education - International Bursary
Health - Container
Health - Family support
Education - Ratyiri development
Education - Stafford Centre
ophanage
Health - Health Clinic
MicroCredit Scheme
Soulyale Project
WASH Project
Clinic
Adult Literacy
Unallocated Funds
Emergency relief
Female Education
Education - Scholarships
Giving Africa
UK Aid
Wells rehabilitation
Irrigation Project
School Food
**TOTAL FUNDS**|Incoming
resources
£
55,196
3,098
33,085
7,992
400
5,460
10,000
11,200
4,798
313
12,159
3,933
-
29,866
2,171
8,980
6,975
1,209
83,402
15,381
-
-
-
240,422
295,618|Resources
expended
£
(46,432)
(3,098)
(17,250)
(7,905)
-
(5,460)
(8,000)
-
(4,819)
-
(12,159)
(400)
(400)
(29,500)
(129)
(8,980)
(2,000)
-
(15,414)
(8,543)
(2,024)
(18,200)
(15,000)
(159,281)
(205,713)|Movement
in funds
£
8,764
-
15,835
87
400
-
2,000
11,200
(21)
313
-
3,533
(400)
366
2,042
-
4,975
1,209
67,988
6,838
(2,024)
(18,200)
(15,000)
81,141
89,905|
|---|---|---|---|
Information regarding the purpose of each fund can be found in the report of the trustees.
Page 23
continued...
## **TRANSFORM BURKINA**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2021**
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 June 2021.
## **10. ULTIMATE CONTROLLING PARTY**
The charity is under the control of its trustees who control the overall strategy and long term direction of the charity.
## **11. GOING CONCERN**
There are no material uncertainties regarding the charity's ability to continue as a going concern at this time.
Page 24
## **TRANSFORM BURKINA**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Grants
Giving Africa
**Other trading activities**
Fundraising events
Sponsorships
**Investment income**
Interest receivable - trading
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Sundries
Supports costs
**Charitable activities**
Support costs
International travel expense
Advertising
Bank charges
Carried forward|2021
£
**69,935**
**3,390**
**23,035**
**89,438**
**185,798**
**1,496**
**-**
**1,496**
**2**
**187,296**
**297**
**4,577**
**4,874**
**15,969**
**-**
**352**
**463**
**16,784**|2020
£
64,375
3,880
39,355
-
107,610
90
620
710
2
108,322
237
5,907
6,144
14,177
(1,500)
216
180
13,073|
|---|---|---|
This page does not form part of the statutory financial statements
Page 25
## **TRANSFORM BURKINA**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021**
|**Charitable activities**
Brought forward
Grants to institutions
**Other**
Wages
Pensions
General travel expenses
Consultancy fees
Telephone
Post & Stationery
Software & Maintenance
Supports costs allocated
**Support costs**
**Governance costs**
Support costs
Accountancy and legal fees
Total resources expended
**Net income**|2021
£
**16,784**
**120,829**
**137,613**
**21,000**
**630**
**-**
**1,155**
**276**
**117**
**789**
**(23,967)**
**-**
**3,422**
**768**
**4,190**
**146,677**
**40,619**|2020
£
13,073
35,113
48,186
21,681
831
23
-
285
195
614
(23,629)
-
3,938
768
4,706
59,036
49,286|
|---|---|---|
This page does not form part of the statutory financial statements
Page 26