2021-12-31-accounts

Reference and Administrative Details
Trustees Report	2 to 6
Statement ofTrustees' Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet	10
Statement of Cash Flows
Notes to the Financial Statements	12to 19

Recognised	Gains	and Loss	es)
				Unrestricted	Restricted	Total
			Note	fundsf	funds F	2021
Income and Endowments		from:
Donations and legacies				4,960	500,146	505,106
Total income				4,960	500,146	505,106
Expenditure on:
Charitable activities				(2,566)	(400,289)	(402,855)
Total expenditure				(2,566)	(400,289)	(402,855)
Net income				2,394	99,857	102,251
Net movement in funds				2,394	99,857	102,251
Reconciliation of	funds
Total funds brought	forward			161,663	21,866	183,529
Total funds carried	forward		13	164,057	121,723	285,780
				Unrestricted	Restricted	Total
			Note	fundsf	funds	2020
Income and Endowments		from:
Donations and legacies				18,740	426,157	444,897
Total income				18,740	426,157	444,897
Expenditure on:
Charitable activities				(15,174)	(465,026)	(480,200)
Total expenditure				(15,174)	(465,026)	(480,200)
Net income/(expenditure)				3,566	(38,869)	(35,303)
Transfers between	funds			(273)	273
Net movement in funds				3,293	(38,596)	(35,303)
Reconciliation offunds
Total funds brought	forward			144,399	74,433	218,832
Total funds carried	forward		13	147,692	35,837	183,529

Balance		She	et	as at 31 December 2021
						2021	2020
					Note
Current assets
Debtors						16,232	5,083
Cash at bank and			in	hand		475,879	643,906
						492,111	648,989
Creditors:		Amounts		falling due within one year	12	(206,331)	(465,460)
Net assets						285,780	183,529
Funds ofthe trust:
Restricted		income funds
Restricted	funds				13	121,723	21,866
Unrestricted		income funds
Unrestricted		funds				164,057	161,663
Total funds					13	285,780	183,529

					2021	2020
				Note
Cash flows from operating		activities
Net cash	income/(expenditure)				102,251	(35,303)
Working	capital adjustments
(increase)/decrease in debtors				11	(11,149)	2,662
Decrease	in creditors			12	(3,611)	(2,081)
(Decrease)/increase in accruals deferred			income		(255,518)	181,945
Net cash	flows from operating	activities			(168,027)	147,223
Net (decrease)/increase in cash and cash			equivalents		(168,027)	147,223
Cash and	cash equivalents at	1 January			643,906	496,683
Cash and	cash equivalents at	31 December			475,879	643,906

3 Inco	me from	donations and	legacies
			General
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
Grants,	including	capital grants;
Grants	from other charities		4,960	500,146	505,106	444,897
			4,960	500,146	505,106	444,897

			Unrestricted
			General	Restricted	Total	Total
			funds	funds	2021	2020
Magazine	production	costs	794	234,786	235,580	239,063
Journalism			1,924	40,474	42,398	12,207
Programme	activities			583	583	15,136
Staff costs				58,457	58,457	146,677
Other staff	costs		270	6,834	7,104	1,440
IT and website			303	15,246	15,549	3,222
Travel and	subsistence					3,139
Rates and	rent		72	11,802	11,874	10,217
Accountancy fees				16,975	16,975	18,890
Office support and insurance			1,399	7,897	9,296	12,350
Governance costs			517	7,235	7,752	4,132
Exchanges	rate variances		(2,713)		(2,713)	13,727
			2,566	400,289	402,855	480,200

Governance	cos	ts
			General
			Unrestricted	Restricted	Total	Total
			fundsf	funds	2021	2020
Independent	examiner fees
Examination	of	the financial
statements				2,220	2,220	2,400
Legal fees			628	4,904	5,532	1,488
Other governance		costs				244
			628	7,124	7,752	4,132

2021	2020
2,220	2,400

8 Staff costs The aggregate payroll costs were as follows:
	2021	2020
Staff costs during the year were:
Wages and salaries	52,382	130,389
Social security costs	5,525	15,055
Pension costs	550	1,233
Other staff costs	7,104	1,440
	65,561	148,117

during the year expressed as full time equivale	nts was as follows:
	2021	2020
	No	No
Management		1
Administration		1

9 Independ	ent e	xaminer's	remuneration
				2021f	2020
Examination	ofthe	financial	statements	2,220	2,400

11 Debtors
			2021	2020
Prepayments			10,511
Other debtors			5,721	5,083
			16,232	5,083
12Creditors:	amounts	falling due within one year
			2021	2020
Trade creditors			2,159	13,481
Other taxation	and social	security	343	(257)
Other creditors			390	250
Accruals			21,911	14,940
Deferred income			181,528	437,046
			206,331	465,460

Notes to the 2021			inancial	Statement	s for the	Year Ended	31 Decem	ber
								2021
								F
Deferred income	at		1 January 2021					437,046
Resources deferred			in the period					181,528
Amounts released		from previous		periods				(437,046)
Deferred income	at		year end					181,528
13Funds
								Balance at
				Balance at				31
				1 January	Incoming	Resources		December
				2021	resources f	expended	Transfers	2021
Unrestricted funds
General
Unrestricted revenue
funds				161,663	4,960	(2,566)		164,057
Restricted funds
Opens Society	Institution				59,160	(55,474)		3,686
Opens Society	Institution-
AFM				(9,411)	129,500	(95,798)		24,291
Ford Foundation		(main)		8,558	62,500	(37,191)	(26,143)	7,724
Ford Foundation		(build)		21,509	248,986	(211,775)	26,143	84,863
Dar El Rasheed				1,210		(51)		1,159
Total restricted	funds			21,866	500,146	(400,289)		121,723
Total funds				183,529	505,106	(402,855)		285,780

Notes to 2021	th	e	Financial	Statement	s for the	Year Ended	31 Decem	ber
								Balance at
				Balance at				31
				1 January	Incoming	Resources		December
				2020	resources f	expended	Transfers	2020
Unrestricted	funds
General
Unrestricted		revenue
funds				144,399	18,740	(1,203)	(273)	161,663
Restricted
Opens Society			Institution-
AFM				24,041	124,597	(158,049)		(9,411)
Ford Foundation			(main)	8,558				8,558
Ford Foundation			(build)	40,529	301,560	(320,580)		21,509
Dar El Rasheed				1,305		(368)	273	1,210
Total restricted		funds		74,433	426,157	(478,997)	273	21,866
Total funds				218,832	444,897	(480,200)		183,529

					Total funds
			Unrestricted		at1
			General	Restricted	December
			funds	funds	2021
Current	assets		370,388	121,723	492,111
Current	liabilities		(206,331)		(206,331)
Total net		assets	164,057	121,723	285,780
					Total funds
					at 31
			Unrestricted	Restricted	December
			General funds	funds	2020
Current	assets		627,123	21,866	648,989
Current	liabilities		(465,460)		(465,460)
Total net		assets	161,663	21,866	183,529

15Analysis of n	et funds
				At 31
		At 1 January	Financing	December
		2021	cash flows	2021
Cash at bank and	in hand	643,906	(168,027)	475,879
Net funds		643,906	(168,027)	475,879