**REGISTERED CHARITY NUMBER: 1136807**
**Report of the Trustees and Financial Statements for the Year Ended 31 March 2022**
**for**
**Their Future Today**
## **Their Future Today**
## **Contents of the Financial Statements for the Year Ended 31 March 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9|
|**Notes to the Financial Statements**|10 to 14|
|**Detailed Statement of Financial Activities**|15|
## TRUSTEES’ ANNUAL REPORT
## For the period 1st April 2021 - 31st March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. 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).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Governance**
The charity is governed by a board of trustees (listed below). New trustees are appointed by the board in accordance with the trust deed.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1136807
**Principal address** 5 Vicarage Farm Halliford Road Sunbury-on-Thames TW16 6DW
## **Trustees**
S Jackman (Chair) R J R Stanier L J Clark (resigned 28 April 2022) D Gibson L Lindley T Talukder N Jayawardene (resigned 21 April 2022) K Strong (resigned 15 November 2022) S Amos (appointed 22 June 2022)
## **Charitable Objectives and Activities**
Their Future Today (TFT) seeks to transform and strengthen families and empower poor communities in the Southern Province of Sri Lanka and further afield, to end child abandonment through poverty and the institutionalisation of children.
Their Future Today advocates that ‘Children Belong in Loving Families, Not Orphanages’ and campaigns to raise awareness of the long term emotional and physical harm caused. Not as a gesture of charity, but an act of human justice which says that every child matters and deserves to be loved and educated.
Through specific development projects to support people’s needs, Their Future Today aims to directly provide the knowledge, resources and tools to bring about sustainable change.
Page 1
## **Their Future Today**
## **Report of the Trustees for the Year Ended 31 March 2022**
Their Future Today’s current strategic priorities over the next 4 years are:
**1. To bring and keep families together**
Enabling families to develop sustainable livelihoods is a growing priority for the Charity. We believe that enabling families to take control of their own future has a far-reaching impact not only on their children’s lives but on their confidence and selfesteem. In some cases where this is not possible due to the poor health of the parents, we understand that financial support is essential to ensuring the family can stay together. This typically is our last resort when assisting families.
The Heartbeat Centre in Colombo continues to champion Sri Lanka NGO ‘Sisters at Law’ to support alternative family and foster care resources and training, legal training, pro-bono legal support, a helpline and pro bono lawyering services for abused women, children in orphanages and child abuse victims.
## **2. To train decision-makers and communities**
On a national level, our community projects directly feed into and help design our training programme and influence work with the Sri Lankan government. We work with the National Childcare and Probation Services and the Sri Lankan judiciary to encourage a significant step-change to prevent the institutionalisation of children and promote alternative models of care provision (SDG 16). We also provide an evidence base to shortcomings in current care provision and the national legal system, which currently fail to protect vulnerable young people in care, contrary to international standards, thus helping to strengthen justice institutions. Working in partnership (SDG 17) is key to reducing the high rate of institutionalisation of children, and to implement mechanisms to expand and stimulate the reintegration of children into their families.
## **3. To educate the next generation**
Their Future Today believes that education is one of the most powerful ways to lift children out of poverty, reduce inequalities, provide protection from exploitation/abuse and offer improved opportunities for a better future.
As we continue to encourage education through our early learning preschool, book-giving, classroom refurbishments and donation of resources to schools, we can provide children with the skills and knowledge to secure better employment opportunities, which in turn can improve their economic situation and ability to provide for their families. When parents are able to financially support their families, they are less likely to resort to abandoning their children.
Additionally, education can also help to promote awareness and understanding of the negative impact of institutional care on children and encourage families to seek alternative care options, such as foster care or kinship care.
## **4. To improve current institutions**
While advocating to end institutionalisation, and promoting family care alternatives, it is essential to give children in orphanages the care and love they need and the dignity they deserve for healthy brain development, which will ensure more successful reintegration into families, ability to concentrate academically and form future long term relationships.
## **5. To bring about systemic change for women and children**
In many cases females are deprived of equal access to jobs, even when they are not well paid or high status. The unemployment rate for women in Sri Lanka was 13% in 2012, which was six times higher than that of males, according to the Labour Force Survey taken by the department of census and statistics.
Gender-based violence is also a significant issue in Sri Lanka. According to a study by the World Health Organization, 32% of women in Sri Lanka have experienced physical violence by an intimate partner, and 8% have experienced sexual violence by an intimate partner. In addition, the country has a high rate of sexual harassment, with 85% of women reporting experiencing sexual harassment in public spaces. The issue is also exacerbated by a lack of access to justice for survivors and a culture that often blames victims and minimises the severity of the abuse.
Some of the ways we are working to combat this include
- Promoting education and job opportunities for women to improve their economic status
- Working to end gender-based violence and discrimination through advocacy
- Supporting and amplifying the voices and work of local women lead organisations and activists
- Working with women to provide legal support and to find solutions when experiencing abuse of any kind through our Heartbeat Centre hotline
- Providing temporary safe shelter, empowerment and education to abused women and teenage girls to keep them out of institutions and criminal remand homes
Page 2
## **Their Future Today**
## **Report of the Trustees for the Year Ended 31 March 2022**
## **Achievements and Performance**
Their Future Today has continued to deliver fast, quality and impactful programmes that make a real difference to the lives of the children, adults and communities we work to help. We are proud to deliver a diverse range of projects across Sri Lanka that respond in tailored ways to the needs of children and their families. We do not operate a one size fits all approach to programme design and implementation - instead, working closely with local people and specialist partners to develop robust education, health, livelihoods and child rights projects that meet local needs and develop individual/family/community capacity. Due to COVID-19, we needed to move quickly to address the ever-changing needs of children and their families, by supplying basic food products such as rice and vegetables. Unfortunately, some of our projects had to be paused due to the lockdowns.
## **Highlights of the Charity’s achievements over the past year include:**
## **Bringing & Keeping families together**
Expansion of our ‘Teach a Trade’ livelihood programme helped up to 100 poor rural families become sustainable. TFT so far has provided seeds, resources and training support in income generation, self-employment, business and financial management, sewing, pineapple planting, agricultural crop and poultry farming based on individual skills and interests. This has enabled parents to earn income and support their multigenerational families.
Mothers and their babies were given a safe transition home and vocational and life skill training to avoid separation and institutionalisation.
## **Heartbeat Resource Centre & Shelter**
Over 3000 helpline calls were received at the Heartbeat Centre this year from desperate mothers of children in orphanages who were suffering abuse and abused women and young girls who needed advice, support and protection. Approximately 10 calls per day reported cases of domestic violence, sexual abuse, selling of child brides, child trafficking, child sex slavery, and prostitution of children in orphanages.
TFT provides advocacy and vital support to signpost these women and girls to a place of safety.
In 2021/22, 10 women/girls and two babies received shelter, protection and tutoring to achieve their dreams of becoming lawyers, teachers, and a hairdresser.
Page 3
## **Their Future Today**
## **Report of the Trustees for the Year Ended 31 March 2022**
Vishani (aged 14) is new to the Heartbeat Centre and loves to dance as movement helps her to overcome her anger issues after years of mistreatment. TFT contacted the founders of the Arakavila Dance and Theatre Foundation) in Colombo. They supported Vishani once the lockdowns were lifted and will help guide her towards her dream of a career in Dance Therapy.
The 10 girls are now able to connect with online schools and study for their O Levels. TFT-provided computers, printers and wifi which meant that Helen Blizard, who provides English and Art classes, was able to expand her reach and give classes to six of the Heartbeat Centre girls and 98 Senehasa girls.
## **Transforming the lives of children in orphanages**
Sri Lankan Cabinet Ministers approved the first Alternative Family Care policy proposal, the concept of which was written for President Sirisena by TFT. It was put forward by Chandrani Bandara MP, Minister of Women and Child Affairs, who received alternative family and foster care training from TFT in Malta in 2017, alongside Marini De Livera, Chairperson of the National Childcare Protection Authority.
Over years of campaigning, Their Future Today influenced the Southern Province National Child Protection Agency NOT to separate siblings who are sent into orphanages, to ensure a bond between them is not broken.
72 Infants were well cared for by our TFT-trained housemothers in Ruhunu Orphanage during the COVID-19 pandemic, in addition to salaries each TFT Housemother received food parcels and additional financial support of 3000 Rs.
Children were kept hydrated and washed after TFT authorised the immediate installation of a water pump following the breakdown of the electric water pump at Ruhunu Orphanage. This installation ensured housemothers no longer had to carry water in buckets to keep the children and the orphanage clean.
The bakery built for 100 girl victims in Senehasa girl's home provided a valuable lifeline, when all vocational training was paused due to the pandemic.
## **Providing Education**
2,850 school book packs were sent directly to children in 6 schools in the Southern Province, as part of our aim to encourage and support education by easing the financial burden on families.
54 TFT International Preschool children were given vital home schooling with a new curriculum and workbooks designed for this purpose via our dedicated and hardworking teachers. Sponsorship was received from Mercury Holidays for the 7th year, and the name of the preschool was changed to Mercury Holidays - TFT International Preschool.
Page 4
## **Their Future Today**
## **Report of the Trustees for the Year Ended 31 March 2022**
TFT reunited Amisha with his mother and supported Amisha's mum to self-sufficiency whilst Amisha was given schoolbooks and the resources needed to go to school.
Amisha was unable to continue his education online due to the digital divide. TFT supporters donated a new smartphone which means Amisha is able to communicate with his school again.
## **Response to COVID-19**
We provided a total of 393,000 meals to the local community in the Southern Province to low-income families, pregnant mothers, and those affected by unemployment due to the lack of tourism.
As part of our response to COVID and our support of families, all food parcels contained soap, hand sanitiser and seeds to aid in families' health and safety while also giving them an opportunity to grow their own food with the increase in prices.
Thanks to our dedicated local team and TFT
supporters, Mahinda Prasad was one of 50 grateful tuk tuk drivers who received an emergency food parcel to feed his multigenerational family of six.
10,000+ people in Sri Lanka were informed about the power of immunisation. Information from the WHO (World Health Organisation) was translated and sent in WhatsApp messages and posters to those in rural areas so they could have a clearer understanding of how to tackle the COVID-19 pandemic themselves.
## **Other news**
Lizzie Burton (Head of Google Global Partnerships) became a supporter of TFT and visited our office with a promise to allocate specialised Google teams to work with us. Lizzie also nominated TFT for Google’s Charity of the Year, where TFT became a finalist.
The work of TFT was mentioned in the Travel Trade Gazette.
A partnership was formed with Dukes Education, the new governing body of Hampton Court House, Surrey.
## **Public Benefit**
The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties.
Page 5
## **Their Future Today**
## **Report of the Trustees for the Year Ended 31 March 2022**
## **Financial Review**
Total income for the year was £182,699 (2021 - £176,051). The main source of income was donations received £173,841 (2021 - £119,301).
Total expenditure for the year was £173,855 (2021 - £172,225). The main areas of expenditure were grants payable to Sri Lanka £91,719 (2021 - £56,490) and UK staff costs £61,778 (2021 - £64,454) of which £44,734 was on charitable activities.
At the end of the year the charity held unrestricted reserves of £196,057 (2021 - £187,213). It should be noted that apart from holding £50,000 in reserves, most of these funds are already designated to existing project work.
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its financial activities for that year. In preparing those financial statements the trustees are required to:
- a) select suitable accounting policies and apply them consistently;
- b) make judgments and estimates that are reasonable and prudent;
c) state whether the policies adopted are in accordance with the Statement of Recommended Practice, “Accounting and Reporting by Charities (effective January 2019)”, and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
d) prepare the financial statements on the going concern basis unless it is inappropriate to assume the charity will continue operating.
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 or other irregularities.
Approved by order of the Board of Trustees on Wednesday 25[th] January 2023 and signed on its behalf by:
................................................................. S Jackman – Chair of Trustees
Page 6
## **Independent Examiner's Report to the Trustees of Their Future Today**
## **Independent examiner's report to the trustees of Their Future Today**
I report to the charity trustees on my examination of the accounts of Their Future Today (the Trust) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
## L M Howson MAAT
Finansure Ltd, 2 Sheppard Street, Brymbo, Wrexham, LL11 5FF
Date: ............................................. **2 8 t h J a n u a r y 2 0 2 3**
Page 7
## **Their Future Today**
## **Statement of Financial Activities for the Year Ended 31 March 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
188,195
Investment income
3
50
**Total incoming resources**
188,245
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
28,083
**Charitable activities**
4
Assistance with Sri Lankan activities
151,318
**Total resources expended**
179,401
**NET INCOME/(EXPENDITURE)**
8,844
**Transfers between funds**
-
**Net movement in funds**
8,844
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
187,213
**TOTAL FUNDS CARRIED FORWARD**
196,057|Restricted
funds
£
26,875
-
26,875
-
26,875
26,875
-
-
-
-
-|2022
Total
funds
£
215,070
50
215,120
28,083
178,193
206,276
8,844
-
8,844
187,213
196,057|2021
Total
funds
£
175,909
142|
|---|---|---|---|
||||176,051
37,403
134,822|
||||172,225|
||||3,826
-|
||||3,826
183,387|
||||187,213|
The notes on pages 10 to 14 form part of these financial statements
Page 8
## **Their Future Today**
## **Balance Sheet 31 March 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
9
603
**CURRENT ASSETS**
Debtors
10
4,181
Cash at bank
195,331
Total Current Assets
199,512
**CREDITORS**
Amounts falling due within one year
11
(4,058)
**NET CURRENT ASSETS**
195,454
**TOTAL ASSETS LESS CURRENT LIABILITIES**
196,057
**NET ASSETS**
196,057
**RESERVES**
Unrestricted funds:
13
General reserves
Designated fund – Alternative Foster Care Training
**TOTAL FUNDS**|Restricted
funds
£
-
-
-
-
-
-
-
-|2022
Total
funds
£
603
4,181
195,331
199,512
(4,058)
195,454
196,057
196,057
156,057
40,000
196,057|2021
Total
funds
£
804
2,612
185,357
187,969
(1,560)
186,409
187,213
187,213
187,213
-
187,213|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 25[th] January 2023 and were signed on its behalf by:
............................................. S Jackman – Chair of Trustees
The notes on pages 10 to 14 form part of these financial statements
Page 9
## **Their Future Today**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **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.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Reserves**
Our reserves policy is currently set to keep unrestricted reserves of at least three months’ running (operational) costs. This would enable core activities to continue for three months should the charity need to wind up operations completely, or should an unforeseen, significant or temporary shortfall in income and/or cash flow occur. This is based on the assumption that three months would be enough time for an emergency fundraising campaign to be undertaken to enable the charity to raise the funds needed to continue operating. Three months’ running costs would equate to approximately £52,000 (2021: £43,000) and the actual general reserves were £196,057 at 31 March 2022 (2021: £187,213).
Some of reserves is held as designated reserves due to current inflation costs and costs of living in the UK. TFT Trustees are committed to reducing the high level of reserves which were a direct impact of the Covid pandemic and not being able to operate and deliver some of the TFT vocational training and advocacy programmes, which are scheduled to be reinstated in 2022.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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 charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 10
## **Their Future Today**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **2. DONATIONS AND LEGACIES**
|Donations
Gift Aid income
Fundraising events
Gifts in Kind
Covid grant
Furlough claim
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**CHARITABLE ACTIVITIES COSTS**
**5.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs (note 7)
Alternative care specialists
Sri Lanka direct costs
Support costs|Direct
Costs (see
note 5)
£
86,474|Grant
funding of
activities
£
91,719|2022
£
173,841
2,558
-
32,421
-
6,250
215,070
2022
£
50
Total
2022
£
178,193
2022
£
46,333
17,267
9,258
13,616
86,474|2021
£
119,301
-
6,566
28,800
10,000
11,242
175,909
2021
£
142
Total
2021
£
134,255
2021
£
48,340
15,000
-
14,425
77,765|
|---|---|---|---|---|
||||||
||||||
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022, nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022, nor for the year ended 31 March 2021.
## **7. STAFF COSTS**
Staff costs for the year analysed by department were as follows:
|Wages
Social security
Pensions|Raising
funds
£
14,912
214
319
15,445|Charitable
activities
£
44,734
642
957
46,333|Total
2022
£
59,646
856
1,276
61,778|Total
2021
£
60,317
2,824
1,313
64,454|
|---|---|---|---|---|
Page 11
## **Their Future Today**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **7. STAFF COSTS (continued)**
The average monthly number of employees during the year was as follows:
|Operations
Charitable activities|2022
1
1
2|2021
1
2|
|---|---|---|
|||3|
No employees received emoluments in excess of £60,000 (2021: no employees received emoluments in excess of £60,000).
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
167,909
Investment income
142
**Total incoming resources**
168,051
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
37,403
**Charitable activities**
Assistance with Sri Lankan activities
121,787
Other
567
**Total resources expended**
159,757
**NET INCOME**
8,294
**Restated transfers between funds**
10,532
**Restated net movement in funds**
18,826
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
168,387
**RESTATED TOTAL FUNDS CARRIED FORWARD**
187,213|Restricted
funds
£
8,000
-
8,000
-
12,468
-
12,468
(4,468)
(10,532)
(15,000)
15,000
-|Total
funds
2021
£
175,909
142|
|---|---|---|
|||176,051
37,403
134,255
567|
|||172,225|
|||3,826
-|
|||3,826
183,387|
|||187,213|
Page 12
## **Their Future Today**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **9. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2021 and 31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for year
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Gift Aid debtor
Prepayments
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals
PAYE liability
Pension liability|Office
equipment
£
5,779
4,975
201
5,176
603
804
2022
2021
£
£
2,558
-
1,623
2,612
4,181
2,612
2022
2021
£
£
2,527
-
1,241
1,277
290
283
4,058
1,560|
|---|---|
## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **12. RELATED PARTY DISCLOSURES**
During the year remuneration was paid in the normal course of business to Lynn Stanier (CEO) and Joel Stanier (Business Development Manager) of £55,275 (2021: £55,275) in aggregate. This has been included in the related party disclosures note by virtue of the fact that one trustee, Ryan Stanier, is the son and brother of these individuals respectively. Ryan Stanier does not participate or vote on salary decisions which are decided and approved by the independent trustees.
Twirltour Travel Ltd, a company owned by Richard Stanier (father of one trustee, Ryan Stanier), provides travel services at market rate related to staff programme charitable visits to Sri Lanka. During the year payments for services were made to Twirltour Travel Ltd totalling £2,124 (2021: £531).
Page 13
## **Their Future Today**
## **Notes to the Financial Statements - continued or the Year Ended 31 March 2022**
## **13. MOVEMENT IN FUNDS**
|||||Transfers||
|---|---|---|---|---|---|
||At 1 April|Incoming|Resources|between|At 31 March|
||2021|resources|expended|funds|2021|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|General reserves|187,213|188,245|(179,401)|(40,000)|156,057|
|Designated fund – Alternative||||||
|Foster Care Training|-|-|-|40,000|40,000|
||────|────|────|────|────|
|**Total unrestricted funds**|187,213|188,245|(179,401)|-|196,057|
||────|────|────|────|────|
|**Restricted funds**||||||
|Mercury Holidays|-|22,000|(22,000)|-|-|
|Global Giving|-|4,875|(4,875)|-|-|
||────|────|────|────|────|
|**Total restricted funds**|-|26,875|(26,875)|-|-|
||────|────|────|────|────|
|**Total funds**|187,213|215,120|(206,276)|-|196,057|
||────|────|────|────|────|
Page 14
## **Their Future Today**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022**
|**INCOME**
**Donations and legacies**
Donations
Gift Aid income
Fundraising events
Gifts in Kind
Covid grant
Furlough claim
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Costs of raising funds**
Wages
Social security
Pensions
Fundraising costs & events
**Costs of charitable activities**
Wages
Social security
Pensions
Alternative care specialists
Sri Lanka charitable programmes
Sri Lanka direct costs
Sri Lanka travel
UK travel & accommodation for training Sri Lanka personnel and delegates
Exchange difference
Website development
Registration fee
Bank charges
Marketing & training costs
Insurance
Subscriptions
Telephone
Sundry office costs
Office rent & utilities
Software costs
Bookkeeping
Independent examiner’s fee
Depreciation
Postage and stationery
Total resources expended
**Net income**|2022
£
173,841
2,558
-
32,421
-
6,250
215,070
50
215,120
14,912
214
319
12,638
28,083
44,734
642
957
17,267
91,719
5,623
3,635
3,342
-
-
-
264
1,800
174
380
1,005
-
5,158
189
221
600
201
282
178,193
206,276
8,844|2021
£
119,301
-
6,566
28,800
10,000
11,242
175,909
142
176,051
15,080
706
328
21,289
37,403
45,237
2,118
985
15,000
56,490
-
-
899
1,806
331
158
1,191
169
1,106
370
899
132
5,153
577
1,200
-
567
434
134,255
172,225
3,826|
|---|---|---|
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