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## 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<br>Incoming Resources<br>School fees (Virtual Persian)<br>Donations<br>Other income<br>Total Incoming Resources<br>Resources Expended<br>Admin Expenditure<br>Educational fees Persian<br>Educational support (Afghanistan)<br>School of nursing (Gambia)<br>Schools support (Zambia)<br>Gifts, prize, and donations<br>Purchase of books<br>School construction cost (Malave)<br>Public relation activities (Africa)<br>Music academy<br>Young entrepreneur project (Uganda)<br>Home Care Certificate ABMA<br>Starfish International (Gambia)<br>Centre for the deaf (Zambia)<br>Computer Software & Mobile phone<br>Office Equipment<br>Total Resources Expenses<br>Net movement in funds<br>Total funds brought forward<br>Total funds carried forward|Unrestricted<br>Fund<br> £<br> -<br>22,243<br>1,895<br>24,138<br>=====<br>355<br>24,863<br>815<br>1,425<br>-<br>-<br>1,320<br>200<br>-<br>1,886<br>1,873<br>-<br>818<br>3,004<br>1,676<br>---------<br>38.235<br>======<br>(14,097)<br>--------<br>37,690<br>--------<br>23,593<br>======|Restricted<br>Fund<br> Total<br> £<br> £<br>17,791 17,791<br>23,320 45,563<br>-<br>1,895<br>41,111         65,249<br>======     ======<br>232 587<br>14,145 14,145<br>14,100 38,963<br>1,500 2,315<br>1,500 2,925<br>-<br>598 598<br>-<br>1,320<br>2,400 2,600<br>-<br>-<br>2,320          4,206<br>-<br>1,873<br>1,500 1,500<br>-<br>818<br>-<br>3,004<br>-<br>1,676<br>-------- --------<br>38,295 76,530<br>======     ======<br>2,816       (11,281)<br>-------- --------<br>2,522            40,212<br>-------           -------<br>5,338 28,931<br>=====          =====|Year to<br>30/6/2022|
|---|---|---|---|
||||£<br>11,353<br>44,907<br>21,024<br>77,284<br>=====<br>2,847<br>17,641<br>13,595<br>-<br>-<br>3,185<br>239<br>13,537<br>-<br>1,930<br>2,090<br>-<br>-<br>-<br>1,710<br>1,098<br>--------<br>57,872<br>======<br>19,412<br>---------<br>20,800<br>--------<br>40,212<br>=====|





## 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 G￿nS
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 COn￿rnS 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