| Trustees | Sophie Hipwood | ||||
|---|---|---|---|---|---|
| Andrea Paltzer |
|||||
| Marianne Paltzer-Studer |
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| Henrietta Carter Meyers (appointed |
June 2021) | ||||
| Secretary | Marianne Paltzer-Studer |
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| Charity number | 1141166 | ||||
| Company | number | 07337759 | |||
| Registered | office | Flat D | |||
| 9 Bolton Gardens | |||||
| Old Brompton Road |
|||||
| London | |||||
| SW5 ODG | |||||
| Nicaragua | Office | De los semaforos de la antigua | |||
| Vicky 1c.al sur | |||||
| 1/2c arriba | |||||
| Casa No. 245 | |||||
| Nicaragua | |||||
| Independent | examiner | Jeremy Barman FCA | |||
| TC Group | |||||
| 76 New Cavendish | Street | ||||
| London | |||||
| W1G 9TB |
| Page | |||
|---|---|---|---|
| Trustees' | report | 1 —6 | |
| Independent examiner's report |
|||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial | statements | 10-16 |
| Unrestricted | funds | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Notes | ||||
| Income from: | ||||
| Donations and legacies |
38,828 | 36,020 | ||
| ~Edit | ||||
| Raising funds | ||||
| Charitable activities |
(37,277) | (37,423) | ||
| Total resources expended | (37,277) | (37,423) | ||
| Net income/(expenditure) | for the year/ | |||
| Net movement in funds |
1,551 | (1,403) | ||
| Fund balances as at 1 August 2020 | (2,325) | (922) | ||
| Fund balances at 31July | 2021 | (774) | (2,325) |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | ||||||
| Fixed assets | ||||||||
| Tangible assets | ||||||||
| Current assets | ||||||||
| Debtors | 10 | 3,002 | ||||||
| Cash at bank and | in | hand | 2,897 | 1,404 | ||||
| 2,897 | 4,406 | |||||||
| Creditors: amounts | falling | due within | ||||||
| one year | (3,672) | (6,732) | ||||||
| Net current liabilities |
(775) | (2,326) | ||||||
| Total assets less | current | liabilities | (774) | (2,325) | ||||
| Income funds | ||||||||
| Unrestricted funds |
12 | (774) | (2,325) | |||||
| (774) | (2,325) |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| Donations | and gifts | 38,828 | 36,020 | |
| Donations | and gifts | |||
| Unrestricted | funds: | |||
| Donations | at fundraising | events | 938 | 19 |
| Donations | from Foundations | 12,931 | 11,388 | |
| Private donations | 24,959 | 24,613 | ||
| 38,828 | 36,020 |
| 4 | Total resources expended | Total resources expended | Total resources expended | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Staff | Other | Total | Total | ||||||
| COStS f |
costs f |
2021f | 2020 f |
||||||
| Raising funds | |||||||||
| ~ot ~ |
|||||||||
| Nicaraciua | |||||||||
| Activities undertaken | |||||||||
| directly | 4,774 | 24,401 | 29,175 | 35,915 | |||||
| Support costs | 8,102 | 8,102 | 1,507 | ||||||
| Total | 4,774 | 32,503 | 37,277 | 37,423 | |||||
| 4,774 | 32,503 | 37,277 | 37,423 | ||||||
| 5 | Activities undertaken |
directly | |||||||
| 2021 | 2020 | ||||||||
| Bootcamp charitable | activity | 6,147 | 3,320 | ||||||
| Job skills training &other charitable |
activities | 7,362 | 3,575 | ||||||
| Rent | 647 | 640 | |||||||
| Property running costs |
217 | 133 | |||||||
| Property repairs and security costs |
358 | 58 | |||||||
| Telephone & Internet |
52 | 50 | |||||||
| Bank charges | 22 | 125 | |||||||
| General administrative | expenses | 4,801 | 758 | ||||||
| Advertising and promotion |
1,424 | 34 | |||||||
| Travelling expenses |
1,313 | 3,303 | |||||||
| Website and associated | costs | 620 | 519 | ||||||
| Consultancy fees |
1,841 | ||||||||
| Counselling service fee |
1,438 | ||||||||
| 24,401 | 14,355 |
| Support co | sts | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021f | 2020 f |
||||||||
| Accountancy | 5,025 | 1,058 | |||||||
| I oan write off | 3,002 | ||||||||
| Foreign exchange loss | 75 | 449 | |||||||
| 8,102 | 1,507 | ||||||||
| Fees payable to the | accountants | for other services: | |||||||
| 2021 | 2020 | ||||||||
| f | |||||||||
| Independent | examination | (UK) and Nicaragua | 3,672 | 3,060 | |||||
| 3,672 | 3,060 | ||||||||
| Trustees | |||||||||
| None of the | trustees | (or persons | connected | with them) | received any remuneration | or benefits from the charity | |||
| during the current year or the previous | year. | ||||||||
| In addition, | none ofthe trustees (or persons | connected | with them) received any reimbursed expenses from the |
||||||
| charity during the current | year or the previous year. | ||||||||
| Employees | |||||||||
| Number of | employees | ||||||||
| The average | monthly | number of | employees | during the | year was: | ||||
| 2021 | 2020 | ||||||||
| Number | Number | ||||||||
| Direct charitable work |
|||||||||
| Employment | costs | 2021 f |
2020 f |
||||||
| Wages and | salaries | 4,774 | 21,560 |
| 9 | Tangible fixed assets | |
|---|---|---|
| Fixtures, | ||
| fittings & | ||
| equipment | ||
| Cost | ||
| At 1 August 2020 | 4,524 | |
| Disposals | (3,196) | |
| At 31July 2021 | ||
| Depreciation | ||
| At 1 August 2020 | 4,523 | |
| Charge for the year | ||
| Eliminated in respect ofdisposals |
(3,196) | |
| At 31July 2021 | 1,327 | |
| Net book value | ||
| At 31July 2021 | ||
| At 31 July 2020 |
| 10 | Debtors | 2021 | 2020 | |
|---|---|---|---|---|
| E | ||||
| Other debtors | 3,002 | |||
| 11 | Creditors: amounts | falling due within one year | 2021 | 2020 |
| E | 6 | |||
| Trade creditors | 3,672 | |||
| Accruals | 3,672 | 3,060 | ||
| 3,672 | 6,732 |
| 12 Analysis ofnet assets between |
12 Analysis ofnet assets between |
funds | |||
|---|---|---|---|---|---|
| Total | |||||
| Fund balances at 31 July 2021 are represented | by: | ||||
| Tangible fixed assets | |||||
| Net current assets | 2,897 | ||||
| Creditors: amounts falling due within one |
year | (3,672) | |||
| (774) | |||||
| Analysis of net assets between | funds | —previous | year | ||
| Fund balances at 31 July 2020 are represented | by: | ||||
| Tangible fixed assets | |||||
| Net current assets | 4,406 | ||||
| Creditors: amounts falling due within one |
year | (6,732) | |||
| (2,325) | |||||
| 13 Related parties |