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|||Page|
|---|---|---|
|Trustees'
report||1-8|
|Statement ofTrustees'|responsibilities||
|Independent
auditor's|report|10-12|
|Statement offinancial|activities|13|
|Balance sheet||14|
|Statement ofcash flows||15|
|Notes to the financial statements||16-25|
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|Trustees||FAbuali||
|---|---|---|---|
|||AAlmashal||
|||SBonfiglio||
|||A Chryssicopoulos||
|||C Gonzalez-Bunster||
|||L Gonzalez-Bunster||
|||R Gonzalez-Bunster||
|||Z Nassif||
|||AVan Holk||
|Charity number||1140850||
|Company|number|07549393||
|Registered|office|Worlds End Studios Ltd.||
|||132-134Lots Road||
|||Unit 225||
|||London||
|||SW10 ORJ||
|||UK||
|Auditors||Arnold
Hill &Co LLP||
|||Sixth Floor||
|||Capital Tower||
|||91Waterloo Road||
|||London||
|||SE18RT||
|Registered|name|Walkabout
Foundation|UK|
|Chief executive officer||C Gonzalez-Bunster||
|Chairman||C Gonzalez-Bunster||
|||AVan Holk||
|Bankers||HSBC Bank PLC||
|||76-78 King's Road||
|||London||
|||SW34TZ||
|Solicitors||Clifford Chance LLP||
|||10Upper Bank Street||
|||London||
|||E145JJ||
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2021|2020|
||Notes||||6|
|Income from:||||||
|Donations
and legacies||151,325|543,467|694,792|298,276|
|Charitable
activities||264,104||264,104|154,227|
|Tota I income||415,429|543,467|958,896|452,503|
|~dd
td||||||
|Raising funds|4|68,494||68,494|26,734|
|Charitable
activities|5|212,524|451,838|664,362|305,995|
|Total resources expended||281,018|451,838|732,856|332,729|
|Net income for the period||134,411|91,629|226,040|119,774|
|Fund balances at 1 January 2021||207,097|194,472|401,569|281,795|
|Fund balances at 31 December 2021||341,508|286,101|627,609|401,569|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Notes||6||6|
|Fixed assets||||||||
|Tangible assets|||||3,781|||
|Current assets||||||||
|Stocks|||10|79,381||85,416||
|Debtors|||11|13,552||86,968||
|Cash at bank and|in|hand||592,904||352,127||
|||||685,837||524,511||
|Creditors: amounts||falling due within|12|||||
|one year||||(62,009)||(122,942)||
|Net current assets|||||623,828||401,569|
|Total assets less|current liabilities||||627,609||401,569|
|Income funds||||||||
|Restricted funds|||13||286,101||194,472|
|Unrestricted
funds|||||341,508||207,097|
||||||627,609||401,569|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Notes||6||
|Cash flows from operating|||activities|||||
|Cash generated|from/(absorbed
by)|||18||||
|operations||||||244,558|(18,614)|
|Investing
activities||||||||
|Purchase oftangible fixed||assets|||(3,781)|||
|Net cash used|in investing||activities|||(3,781)||
|Net increase/(decrease)||in|cash and|cash||||
|equivalents||||||240,777|(18,614)|
|Cash and cash|equivalents||at beginning|ofyear||352,127|370,741|
|Cash and cash|equivalents||at end of|year||592,904|352,127|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||s|s|
||Funds generated||from charitable|activities|264,104|154,227|
||Analysis|by fund|||||
||Unrestricted
funds||||264,104|148,599|
||Restricted|funds||||5,628|
||||||264,104|154,227|
|4|Raising funds||||||
||||||2021|2020|
||Fundraising|and publicity|||68,494|26,734|
||||||68,494|26,734|
||For the year ended 31 December 2020||||||
||Fundraising|and publicity||||26,734|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|6|
|||||Notes|||
|Programme
expenses|||||530,127|276,743|
|Staff costs|||||77,607|57,536|
|Other administrative||costs|||28,219|3,193|
|Exchange|rate loss/(gain)||||(2,492)|(9,593)|
|Contracted|services||||817|12,608|
|Premises|costs||||16,406|21,207|
||||||650,685|361,694|
|Support and governance|||costs||13,677|11,657|
||||||664,362|373,351|
|Analysis|by fund||||||
|Unrestricted
funds|||||212,524|227,029|
|Restricted|funds||||451,838|146,322|
||||||664,362|373,351|
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|Support costs|||
|---|---|---|
||2021|2020|
||6|6|
|Audit fees|1,900|3,050|
|Legal and professional|114|1,163|
|Insurance|11,663|7,444|
||13,677|11,657|
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|2021|2020|
|---|---|
|Number|Number|
|Management|and|administration|
|---|---|---|
|Programme|staff||
|Fundraising|staff||
||2021
6|2020f|
|---|---|---|
|Wages and salaries|126,553|78,879|
|Social security costs|8,043|32,346|
|Pension costs|2,020|7,353|
||136,615|118,578|
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|Tangible|fixed assets||||
|---|---|---|---|---|
|||Fixtures,|Computers|Total|
|||fittings
&|||
|||equipment|||
|||6|||
|Cost|||||
|Additions||400|3,381|3,781|
|At 31 December 2021||400|3,381|3,781|
|Carrying|amount||||
|At 31 December 2021||400|3,381|3,781|
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|10|Stocks|||||
|---|---|---|---|---|---|
|||||2021
6|2020f|
||Finished goods and goods for resale|||79,381|85,416|
|11|Debtors|||||
||Amounts
falling due||within one year:|2021
6|2020f|
||Other debtors|||3,534|3,534|
||Prepayments|and accrued income||10,018|83,434|
|||||13,552|86,968|
|12|Creditors: amounts||falling due within one year|||
|||||2021|2020|
|||||8||
||Other taxation|and social security||2,959|3,023|
||Trade creditors|||53,526||
||Accruals and|deferred|income|5,524|119,919|
|||||62,009|122,942|
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|||Balance at 1|Incoming|Resources|Balance at 31|
|---|---|---|---|---|---|
|||January|resources|expended|December 2021|
|||2021||||
|||8||||
|Administration||21,442|47,500|(68,942)||
|Research|||100||100|
|Haiti|||61,200|(11,975)|49,225|
|Uganda||50,000|84,289|(29,592)|104,697|
|Kenya||25,533|92,453|(117,986)||
|East Africa||10,093||(10,093)||
|Donation|in kind|85,416|199,860|(154,198)|131,079|
|Venezuela||640|7,500|(8,140)||
|Argentina||348|50,564|(50,913)||
|Wheelchairs||1,000|||1,000|
|||194,472||(451,838)|286,101|
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|Analysis o|f net|assets|between fun|ds||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||Restricted||Total|Total|
|||||||funds||funds||||
|||||||2021|||2021|2021|2020|
||||||||6||5|6|6|
|Fund balances at 31 December 2021||||are||||||||
|,represented|by:|||||||||||
|fangible assets||||||3;781||||3,781||
|Current assets/(liabilities)||||||337,727||286,101||623,828|401,569|
|||||||341,508||286.101||627,609|401,569|
|Operating|lease commitments|||||||||||
|At the reporting||date the|Foundation|had|outstanding|commitments|for|future|minimum|lease payments|under|
|non-cancellable||operating|leases, which||fall due as|follows:||||||
|||||||||||2021|2020|
|||||||||||6|5|
|Within one|year|||||||||5,001|5,001|
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|18|Cash generated
from|operations|operations|2021|2020|
|---|---|---|---|---|---|
|||||8|8|
||Surplus for the year|||226,040|119,773|
||Movements
in working|capital:||||
||Decrease/(increase)
in|stocks||6,035|(85,416)|
||Decrease
in debtors|||73,416|39,402|
||(Decrease) in creditors|||(60,933)|(92,373)|
||Cash generated
by/(absorbed||by) operations|244,558|(18,614)|
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|Changes to|the balance sheet|||||
|---|---|---|---|---|---|
||||At 31|December 2020||
||||As previously|Adjustment|As restated|
||||reported|||
||||6|8|6|
|Current assets||||||
|Stocks||||85,416|85,416|
|Debtors due|within one year||129,208|(42,240)|86,968|
|Net assets|||358,393|43,176|401,569|
|Capital funds||||||
|Income funds||||||
|Restricted funds|||151,296|43,176|194,472|
|Unrestricted|funds||207,097||207,097|
|||Total equity|358,393|43,176|401,569|
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|Changes|to th|e profit and loss account||||
|---|---|---|---|---|---|
||||Period ended 31 December||2020|
||||As previously|Adjustment|As restated|
||||reported
6|f|g|
|Donations|and|legacies|322,456|(24,180)|298,276|
|Charitable|activities||373,351|(67,356)|305,995|
|Net movement||in funds|76,598|43,176|119,774|
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