## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |I
I
I
n I
an
for
9mont
ed 31|er2021||||||| |---|---|---|---|---|---|---|---| ||||Apr21 Iu Dec21|||Apr20 to Mar21|| ||Notes|Unrestricted
Fund 6|Rnslrlmad
Funds F.|Total Funds 5|Unrestricted
Fund E|Restricted
Funds 6|TotalFunds 6| |Income
from|||||||| |Oonadons 8legacies
6overnment
Grants
CharRableActlvlges||||15,376
15,121|111,493|22,037|111,493
22,087| |Burkina Faso
Ivory Const
Kenya
Malawi
Senegal
Tanzania
Uganda
Zambia
Zimbabwe|||1,091
8+73
22~
8,239
SSPMS
175462|2382
$473
21,540
8+39
39~
125,162||28,247
153,968
43,207
64,870
14,308
32igg
83,826
161,460|28,247
43,207
64,870
14,308
3,866
83,826
161,460| |Other||||||2,266|2,266| |Other Trading Activities
Investment
Income||11|||78,536
18||78,536
18| |Total Income||224,6$7|||190,047|578,105|768,152| |Experugtrrm
orl|||||||| |Raising Funds
a aru Mencdvme||115,019||22$KI12|91,375|9,061|100,436| |Burkina Faso
Ivory Coast||R542
16,081|44~3
M~|52,794|2,468
13,970|18,689
105,S21|21,157
119,791| |Kenya
Mahwi||5,966
Sgmo||363ITB
42dag|5,640
7,483|42,727
56,689|48,367
64,172| |Senegal
Tanzania
Uganda||1,720
11,262|$,917
58W6|10,637
69,618|1,249
805
5,047|9466
6,096
38,235|10,715
6,901
43,282| |Zambia
Zimbabwe||24967
1+19|126,267
6,321|150,634
7~|19,004
3|143,945|162,949
3| |Other||||8309|436|3305|3741| |Total Expenditure|||||247zt80|434,034|581,514| |Net Income||14@28|(tgyyme)|(163,176)|42,567|144,071|186,638| |Transfers Between Funds|||2||52136|(52136)|| |Net Movwnent
In Funds||Fnn316|(287~2)|(ZM476)|94,703|91,935|186,638| |Racorlcglndmr ofFunds|||||||| |Total Funds Iuought Forwanl||2103yrg||579,951|116,172|277,141|393,313| |Total Funds Carried Fonnmd||235,191|1St~|4tfv775|210875|369076|579951| |Tacks Africa Isa private company
gmlted by guarantee.
The ebsCity's registered
company number,
registered
charity
number,
registered office and the nature
activities can be found
in the Trustees Report|ofits| |---|---| |The presentation
currency ofthe financial statements
Is Pounds Stergng (E)|| |2.Accounting pogdes|| |Reals ofprepedng the Gmmrgal slatelnents|| |The financial statements
ofthe charitable
company,
which Isa pubgc benefit entity under FRS102.have been prepared
In accordance with the Charities SORP (FRS
102)'Accounting
and Reporting
by Charities: Statement of Remm
mended
Practice applicable
to charities preparing
their accounts ln accordance with the Fina n gal
Reporting standard
applicable
Inthe UK and Repubgc of Ireland (Fgs 102)(egectlve 1January 20197,Financial
Repolting standard 102%he Finandal Reporting
Standard appgcable
in the UK and Repubgc ofIreland' and the Companies
Act 2006.The flnandal
statements
have been prepared
under the historical cost
convention.|| |Crltbal accountlrG judgenwms
and key soumes ofesgmatlon
«ncertalnty|| |No crhbal accounting Judgements
have been made in the prmem ofapplying the accounting pogcles below.|| |There are no key assumptions
concerning the future and other key sources ofestimation
uncertainty
atthe reponing date that have a ngniflcant
risk ofcausing
material
adjustment
tothe carrying
amounts
ofassets and llabglt
les
within the next gn encl el year.|a| |Going concern|| |Thetrustees consider that there are no material
uncertainties
about the charitable sampan''
abggy to continue asa going concern. Future forecasts and business|| |plans have been considered
In coming tothis conclusion,
induding
the impact ofthe Coronavlrus
pandemkx|| |Income|| |AR income Isrecognised
in the Statement of Fina ndel Actlvi6 as once the charity
has entitlement
tothe funds, It Isprobable that the Income wg I be received and the
amount
can be measured
reliably.|| |Govemment
grants|| |Government
grants are recognimd
under the performance
model. The grant Income Isrecognised
upon performance
conditions being satl aged
(and should
Itbe
received In advance ofsatisfying the performance,
recognltlon ofthe income Isdeferred asa gabglty) and where there are no specific future performance-related
conditions
then grants are recognised
when proceeds are received orremlvable.|| |Donations|| |Fordonations to be recognised the charity wgl have been notified ofthe amounts and the settlement
date In writing.
Ifthere are conditions
attached tothe|| |donation
and this requires
a level ofperform ance before entitlement
can be obtained
then income is deferred
untg those mndltl
one are fully met orthe fulRlm
ofthose conditions
Iswithin the control ofthe chargy and it Is probable
that they w0 I be fulf0 led.|ant| |No amount
isIncluded
in the financial statements
forvolunteer time In line with the SORP (FRS102).|| |Trading acthdges|| |Income from trading
activities Includes Income earned
fmm
fun dra ising
events and trading
activities
to raise funds for the charity. Income isreceived
in exchange
for supplying
goods and services In order to raise funds and is recognised
when entldement
has occurred.|| |Charhable
Activities|| |The charity
receives mrporate
grants
In respect ofagreed projects. Inmme from grants Isrecognised at fair value when the charity
has entitlement
after any
performance
conditions
have been met, ItI»probable that the income will be received and the amount can be measured
reliably. Ifentitlement
is not met then
these amounts are deferred.|| |Glpelnguua|| |Uabgltles are remgnlsed
as expenditure
as soon asthere Isa legal or constructive
oh0gation commitUng
the charity tothat expenditure,
it is probable that a
transfer ofeconomic benefits wgl be required
In settlement
and the amount ofthe obligation can be measured
reliably. Expenditure
isacmunted
for on an accruals|| |heals and has been classgied under headings that aggregate
ag costs related tothe category. Where costs cannot be directly attributed to particular
headings they
have been agocated to activities on a heals consistent
with the «se ofresources.|| |Agocadon and appordonment
ofcosts|| |Support
costs are those that assist the work ofthe charity
but do not directly represent
charitable
activities
and include oNce costs and governance
casts. They are
incurred
directly
In support ofexpenditure
on the objects ofthe charity and indude
project rmnagement.
Where support oosts cannot be directly attributed to|| |particular
headings they have been allocated to cost ofraising funds and expenditure
on charitable
activities an a heals consistent with use ofthe resources.|| ## ## |21.Movements|In funds|||||| |---|---|---|---|---|---|---| |||Opening
balance|Income|Expenses|Transfem|Closlrlg
balance| |||E||8||E| |Agve 6 Ocklng
ATO||2,990
3,625|2~|(917)
(3,128)||2,073
2,797| |STSupporters|Club|118,882|4,500|(81,420)||41,962| |Chanel||122,936|1,091|(132,448)||(8,421)| |Gtyzens||24,445|21,540|(28,282)||17,703| |CIRS|||6,265|(6,265)||0| |Comic Relief Ahead ofthe Game||LL+86|12,986|(23,755)||11,117| |Comic Regef Ieveglng the Field||15,390|4,652|(20,044)||0| |DerekChappei|Foundatian|2,565||(Z045)||520| |Klckstarter||||(6,922)||1,933| |laureus
SOL||||(20,S62)||3,406| |MSZ levelling The Field|||18,751|(16,737)||2,014| |Pasltlve Action|Innovator|55,935||(22,929)||33,006| |Sport en commune||1,110|15,422|(29592)||(SZISP)| |SPL|||64,190|(15,426)||68,764| |TONECO Mental Health||72ITL||(3,253)||32ILS| |Other Restdcted Funds||2,240|14,394|(12,683)||3,951| |Unrestricted||210875|224N!7|~(200 369||235191| ##