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|||f|or the Year|Ended 31March|2022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes||f|8||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||17,032||17,032|2,594|
|Charitable
activities||||||||
|Training||||558,337||558,337|13,634|
|Research|||||||95,000|
|Other trading
activities|||||||3,234|
|investment
income||||558||558|1,890|
|Other income||||8,534|5,937|14,471|30,289|
|Total||||584,461|5,937|590,398|146,641|
|EXPENDITURE ON||||||||
|Raising funds||||418||418|217|
|Charitable
activities||||||||
|Training||||278,105||278,105|80,295|
|Research||||1,551|212,178|213,729|650,436|
|Total||||280,074|212,178|492,252|730,948|
|NET INCOME/(EXPENDITURE)||||304,387|(206,241)|98,146|(584,307)|
|Transfers
between|funds||20|~12,823i|12,823|||
|Net movement
in funds||||291,564|(193,418)|98,146|(584,307)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||480,162|354,949|835,111|1,419,418|
|TOTAL FUNDS CARRIED FORWARD||||771,726|161,531|933,257|835,111|
##
||8~?M|0|020|||
|---|---|---|---|---|---|
|||||2022|2021|
|FIXEDASBETS|Notes||||6|
|Intangible
assets|14|||1||
|Tangible assets|15|||4,690|4,434|
|||||4,691||
|CURRENT ASSETS||||||
|Debtors
Cash at bank and in hand||||97,476
'l,067,665|57,671
1,136,651|
|||||1,165,361|1,194,722|
|CREDITOR8||||||
|Amounts
falling dus within one year||||(236,995)|(364,046)|
|NET CURRENT ASBETS|||||630,676|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||933,257|635,111|
|NET ASSETS||||03325?|03','111|
|FUNDS|20|||||
|Unrsstdotsd
funds
Restricted
funds||||771,726
161,531|460,162
354„949|
|TOTAL FUNDS||||003,20?|035.111|
|||f|or the Year Ended|31 March 2022||
|---|---|---|---|---|---|
|||||2022|2021|
||||Notes|F|F|
|Cash flows from operating
activities
Cash generated
from operations||||~66,817)|~570,095)|
|Net cash used
in operating|activities|||~66,817)|~570,095)|
|Cash flows from investing|activities|||||
|Purchase
oftangible
fixed assets
Sale oftangible
fixed assets||||(2,707)|(5,144)
598|
|Sale offixed asset investments|||||1|
|Interest received||||558|1,890|
|Net cash used
in investing
activities||||~2,149)|~2,655)|
|Change
in cash and cash|equivalents|in||||
|the reporting
period||||(68,966)|(572,750)|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period|||1,136,851|1,709,601|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||1,067,885|1,136,851|
##
##
|RECONCILIATION
ACTIVITIES|OF NE|T INCOME/(EXPE|NDITURE)
TO NET|CASH FLOW|FROM OPERATI|NG|
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||8|
|Net income/(expenditure)||for the reporting|period (as per the||||
|Statement ofFinancial Activities)|||||98,146|(584,307)|
|Ad)ustments
for:|||||||
|Depreciation
charges|||||2,251|673|
|Interest received|||||(558)|(1,890)|
|Increase
in debtors
(Decrease)/increase|in creditors||||(39,605)
~127,051)|(6,757)
22,186|
|Net cash used in operations|||||~66,817)|~570,095)|
|ANALYSIS OF CHANGES||IN NET FUNDS|||||
|||||At 1.4.21
f|Cash flow|At31.3.22
8|
|Net cash|||||||
|Cash at bank and in|hand|||1,136,851|~68,966)|1,067,885|
|||||1,136,851|~68,966)|1,067,885|
|Total||||1,136,851|~68,966)|~1,067 885|
##
##
##
##
##
##
##
##
||||No|tes to the Financial Statem
for the Year Ended 31|ents
-continued
March 2022|||
|---|---|---|---|---|---|---|---|
|2.|DONATIONS|AND|LEGACIES|||||
|||||||2022f|2021
8|
||Donations|||||17,032|2,594|
|3.|OTHER TRADING||ACTIVITIES|||||
|||||||2022|2021|
||Fundraising|events|||||3,234|
|4.|INVESTMENT INCOME|||||||
|||||||2022|2021|
||Deposit account interest|||||558|1,890|
|5.|INCOME FROM CHARITABLE|||ACTIVITIES||||
|||||Activity||2022
F|2021f|
||Course fees|||Training||558,337|13,634|
||Grants|||Research|||95,000|
|||||||558,337|108,634|
|6.|RAISING FUNDS|||||||
||Raising donations||and legacies|||||
|||||||2022f|2021f|
||Fundraising|costs||||418|217|
|7.|CHARITABLE ACTIVITIES COSTS|||||||
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 8)|note 9)|Totals|
||Training||||130,803|147,302|278,105|
||Research||||212,177|1,552|213,729|
||||||342,980|148,854|491,834|
|8.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||
|||||||2022|2021|
|||||||6||
||Staff costs|||||298,521|547,737|
||Direct costs|||||44,459|98,476|
|||||||342,980|646,213|
##
##
|Support costs, included|in the above, are as foll|ows:||||
|---|---|---|---|---|---|
|Management||||||
|||||2022|2021|
|||||Total|Total|
|||Training
6|Research|activities
6|activities
f|
|Wages||115,606|1,218|116,824|31,717|
|Rent||(2,771)|(29)|(2,800)||
|Insurance||4,498|47|4,545|5,486|
|Pdinting,
postage and stationery||10||10|1,578|
|Travel and subsistence||438|5|443|(197)|
|Meeting
room hire and|catering|640|7|647||
|IT||7,100|75|7,175|8,328|
|Professional fees||13,994|148|14,142|15,940|
|Bank charges||199|2|201|200|
|Support,
Training,
Volunteer||2,098|22|2,120|3,235|
|Sundry||948|10|958|1,228|
|Course and MD fees||1,179|12|1,191|136|
|Exchange
loss/(gain)||1,135|12|1,147|5,096|
|Bad debt wdite off|||||11,098|
|Depreciation
oftangible|and heditage assets|2,228|23|2,251|673|
|||147,302|1,552|148,854|84,518|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)|is stated after charging/(crediting):|||||
|||||2022|2021|
|||||6||
|Depreciation
-owned assets||||2,251|673|
|Auditor's
remuneration||||13,136|11,640|
##
##
##
##
##
##
##
##
##
|STAFF COSTS|||||||
|---|---|---|---|---|---|---|
||||||2022f|2021f|
|Wages and salaries|||||414,761|579,204|
|Social security costs||||||250|
|Other pension costs|||||584||
||||||415,345|579,454|
|The average
monthly|number of|employees||during the year was as follows:|||
||||||2022|2021|
|Full or part time staff|||||13|=12|
|No employees
received emoluments|||in excess of660,000.||||
|COMPARATIVES FOR THE STATEMENT||||OF FINANCIAL ACTIVITIES|||
|||||Unrestricted|Restdcted|Total|
|||||fundf|funds
8|funds|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||||2,594||2,594|
|Charitable
activities|||||||
|Training||||13,634||13,634|
|Research|||||95,000|95,000|
|Other trading
activities||||3,234||3,234|
|Investment
income||||1,890||1,890|
|Other income||||28,352|1,937|30,289|
|Total||||49,704|96,937|146,641|
|EXPENDITURE ON|||||||
|Raising funds||||217||217|
|Charitable
activities|||||||
|Training||||80,295||80,295|
|Research||||4,222|646,214|650,436|
|Total||||84,734|646,214|730,948|
|NET INCOME/(EXPENDITURE)||||(35,030)|(549,277)|(584,307)|
|Transfers
between funds||||~31,307)|31,307||
|Net movement
in funds||||(66,337)|(517,970)|(584,307)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought|forward|||546,499|872,919|1,419,418|
|TOTAL FUNDS CARRIED FORWARD||||480,162|354,949|835,111|
##
|14.|INTANGIBLE FIX|E|DA|SSETS||||
|---|---|---|---|---|---|---|---|
||||||||Intellectual|
||||||||Property|
||||||||Rights|
||||||||6|
||COST|||||||
||At 1 April 2021 and||31|March 2022||||
||NET BOOK VALUE|||||||
||At 31 March 2022|||||||
||At 31 March 2021|||||||
|15.|TANGIBLE FIXEDASSETS|||||||
||||||||Computer|
||||||||equipment|
||COST|||||||
||At 1 April 2021||||||9,120|
||Additions||||||2,707|
||At 31 March 2022||||||11,827|
||DEPRECIATION|||||||
||At 1 April 2021||||||4,686|
||Charge for year||||||2,251|
||At 31 March 2022||||||6,937|
||NET BOOK VALUE|||||||
||At 31 March 2022||||||4,890|
||At 31 March 2021||||||4,434|
|16.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
||||||2022||2021|
||||||||8|
||Trade debtors||||40,751||49,780|
||Other debtors||||49,720||7,341|
||Prepayments
and accrued income||||7,005||750|
||||||97,476||57,871|
|17.|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
||||||2022
8||2021
f|
||Trade creditors||||46,119||71,887|
||Social security and|other taxes||||656|530|
||Other creditors||||2,864||679|
||Accruals and deferred|||income|187,356||290,950|
||||||236,995||364,046|
||Deferred income|||||||
||||||||f|
||Deferred Income at||1 April 2021|||218,233||
||Resources deferred
Amounts
released|in
from||the year
previous years|35,000
~132,580)|||
||Deferred Income at||31|March 2022||120,671||
##
##
##
##
##
##
|Net movement
in|funds,
include|d
in the abov|e are as follows:||||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||8||8|
|Unrestricted
funds|||||||
|General
fund||||584,461|(280,074)|304,387|
|Restricted funds|||||||
|ODON 7 Fund|||||(6,794)|(6,794)|
|Dl Head Fund|||||(9,959)|(9,959)|
|The Scaling Project||||5,698|(8,562)|(2,864)|
|BMGF - Assist||||239|(186,863)|(186,624)|
|||||5,937|(212,178)|~206241)|
|TOTAL FUNDS||||590,398|~492,252)|98,146|
|Comparatives
for movement||in funds|||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.20|in funds|funds|31.3.21|
||||||8|8|
|Unrestricted
funds|||||||
|General
fund|||546,499|(35,030)|(31,307)|480,162|
|Restricted
funds|||||||
|Mpilo Zimbabwe|Fund||3,310|||3,310|
|Midwives
Training|Fund||90|||90|
|CL Eskell Bursary|fund||650|||650|
|E=QUALS Fund
ODON 5 - Human|Factors Fund||1,381
4,200|(1,381)||4,200|
|ODOM 7 Fund|||94,409|||94,409|
|ODON 10 Fund|||3,767|||3,767|
|Ol Head Fund|||1|(18,198)|18,197||
|HF - Social Franchising|||6,478|(19,588)|13,110||
|The Scaling Project
BMGF - Assist|||3,876
754,757|(3,876)
~506,234)||248,523|
||||872,919|~549,277)|31,307|354,949|
|TOTAL FUNDS|||1,419,418|~584,307)||835,111|
##
##
##
|Comparative
net movement
in funds,
included|in the above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources
F|expended
f|in funds|
|Unrestricted
funds||||
|General
fund|49,704|(84,734)|(35,030)|
|Restricted funds||||
|E=QUALS Fund||(1,381)|(1,381)|
|Dl Head Fund||(18,198)|(18,198)|
|HF - Social Franchising|95,000|(114,588)|(19,588)|
|The Scaling Project||(3,876)|(3,876)|
|BMGF - Assist|1,937|(508,171)|(506,234)|
||96,937|(646,214)|(549,277)|
|TOTAL FUNDS|146,641|(730,948)|(584,307)|
##
##
##
##