Zambian Gems
Annual Report for the year ended 30th June 2023 Statement of Financial activities for the period 1st July 2022 to 30 th June 2023
| Note Incoming Resources School fees (Virtual Persian) Donations Other income Total Incoming Resources Resources Expended Admin Expenditure Educational fees Persian Educational support (Afghanistan) School of nursing (Gambia) Schools support (Zambia) Gifts, prize, and donations Purchase of books School construction cost (Malave) Public relation activities (Africa) Music academy Young entrepreneur project (Uganda) Home Care Certificate ABMA Starfish International (Gambia) Centre for the deaf (Zambia) Computer Software & Mobile phone Office Equipment Total Resources Expenses Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Fund £ - 22,243 1,895 24,138 ===== 355 24,863 815 1,425 - - 1,320 200 - 1,886 1,873 - 818 3,004 1,676 --------- 38.235 ====== (14,097) -------- 37,690 -------- 23,593 ====== |
Restricted Fund Total £ £ 17,791 17,791 23,320 45,563 - 1,895 41,111 65,249 ====== ====== 232 587 14,145 14,145 14,100 38,963 1,500 2,315 1,500 2,925 - 598 598 - 1,320 2,400 2,600 - - 2,320 4,206 - 1,873 1,500 1,500 - 818 - 3,004 - 1,676 -------- -------- 38,295 76,530 ====== ====== 2,816 (11,281) -------- -------- 2,522 40,212 ------- ------- 5,338 28,931 ===== ===== |
Year to 30/6/2022 |
|---|---|---|---|
| £ 11,353 44,907 21,024 77,284 ===== 2,847 17,641 13,595 - - 3,185 239 13,537 - 1,930 2,090 - - - 1,710 1,098 -------- 57,872 ====== 19,412 --------- 20,800 -------- 40,212 ===== |
Zambian Gems Annual Report for the year ended 30st June 2023 Notes to the accounts
Accounting Policies
Accounting convention
The accounts are prepared under the historical cost convention on a going concern basis and include the results of the charities’ operation as indicated in the financial report, all of which are continuing.
Basis of accounting
The accounts have been prepared in accordance with the applicable accounting standards, the Statement of Recommended Practice- “Accounting and Reporting by Charities” (SORP 2005)
The principal source of income
Fundraising and donations from individual and institutions
Incoming Resources
All incoming sources accounted for when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Outgoing resources
Expenditure is accounted for on an accruals basis and is allocated to the appropriate heading in
Zambian GnS Twybk• Ass•ls C•sb at & in hwKI 21.931 40,212 TtAal AsselS18ss Irdt4'1ty 28.931 40,212 40212 (Dof) th• y•w 19.412 28,931 40,212 10.10.2011
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ZAMBIAN GEMS I report to the trustees on my examination of the accounts of the Zambian Gems for the year ended 30th June 2023. Res onsibilities and basis of re ort As the charity trustees 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 accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the Act. Inde endent examiner's statement I have completed my examination. I confim 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 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 conceming 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 COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understa ing of the accounts to be reached. Ardeshir Laloui FAIA Independent Examiner 20, Roe Green Close Haffield Hertfordshire AL10 9PE