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2022-12-31-accounts

Reference and Administrative Details
Trustees Report	2 to 5
Statement ofTrustees' Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Statement ofCash Flows	10
Notes to the Financial Statements	11 to 18

				Unrestricted	Restricted	Total
				funds	funds	2022
			Note
Income and Endowments		from:
Donations and legacies				28,664	181,621	210,285
Total income				28,664	181,621	210,285
Expenditure on:
Charitable activities				(69,920)	(306,195)	(376,115)
Total expenditure				(69,920)	(306,195)	(376,115)
Net expenditure				(41,256)	(124,574)	(165,830)
Transfers between	funds			(6,001)	6,001
Net movement in funds				(47,257)	(118,573)	(165,830)
Reconciliation of	funds
Total funds brought	forward			164,057	121,723	285,780
Total funds carried	forward		13	116,800	3,150	119,950
				Unrestricted	Restricted	Total
				funds	funds	2021
			Note
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

Balance		She	et	as at 31 December 2022
						2022	2021
					Note
Current assets
Debtors						5,768	16,232
Cash at bank and			in	hand		120,736	475,879
						126,504	492,111
Creditors:	Amounts			falling due within one year	12	(6,554)	(206,331)
Net assets						119,950	285,780
Funds ofthe trust:
Restricted		income funds
Restricted	funds				13	3,150	121,723
Unrestricted		income funds
Unrestricted		funds				116,800	164,057
Total funds					13	119,950	285,780

				2022	2021
			Note
Cash flows from operating activities
Net cash	(expenditure)/income			(165,830)	102,251
Working	capital adjustments
Decrease/(increase) in debtors			11	10,464	(11,149)
Decrease	in creditors		12	(18,249)	(3,611)
Decrease	in accruals deferred	income		(181,528)	(255,518)
Net cash	flows from operating	activities		(355,143)	(168,027)
Net decrease in cash and cash equivalents				(355,143)	(168,027)
Cash and	cash equivalents at	1 January		475,879	643,906
Cash and	cash equivalents at	31 December		120,736	475,879

3 Inco	me from	donations and	legacies
			General
			Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
Grants,	including	capital grants;
Grants	from other charities		28,664	181,621	210,285	505,106
			28,664	181,621	210,285	505,106

			Unrestricted
			General	Restricted	Total	Total
			funds	funds	2022	2021
Magazine	production	costs	76,209	214,657	290,866	235,580
Journalism			2,085	37,584	39,669	42,398
Programme	activities			7,638	7,638	583
Staff costs			5,015	17,600	22,615	58,457
Other staff	costs		330		330	7,104
IT and website			1,710	4,026	5,736	15,549
Rates and	rent		538	992	1,530	11,874
Accountancy fees			7,646	8,409	16,055	16,975
Office support and insurance			12,507	6,529	19,036	9,296
Governance costs			3,360	8,760	12,120	7,752
Exchanges	rate variances		(39,941)		(39,941)	(2,713)
Cost ofsales			461		461
			69,920	306,195	376,115	402,855

Governance	costs
		General
		Unrestricted	Restricted	Total	Total
		funds	funds	2022	2021
Independent	examiner fees
Examination	ofthe financial
statements			6,000	6,000	2,220
Legal fees		3,360	2,760	6,120	5,532
		3,360	8,760	12,120	7,752

2022	2021
6,000	2,220

8 Staff costs The aggregate payroll costs were as follows:
	2022	2021
Staff costs during the year were:
Wages and salaries	20,325	52,383
Social security costs	1,889	5,525
Pension costs	401	550
Other staff costs	330	7,104
	22,945	65,562

by the trust during the year expressed as full t	ime equivalents was as follows:
	2022	2021
	No	No
Administration	1	1

2022	2021
6,000	2,220

11 Debtors
	2022	2021
Prepayments	2,330	10,511
Other debtors	3,438	5,721
	5,768	16,232

12Creditors:	amounts falling due within one year
		2022	2021
Trade creditors		554	2,159
Other taxation	and social security		343
Other creditors			390
Accruals		6,000	21,911
Deferred income			181,528
		6,554	206,331

						Balance at
						31
			Incoming	Resources		December
			resources	expended		2022
Unrestricted funds
General
Unrestricted revenue
funds		164,057	28,664	(69,920)	(6,001)	116,800
Restricted funds
Opens Society	Institution	3,686		(3,686)
Opens Society	Institution-
AFM		24,291	181,621	(211,913)	6,001
Ford Foundation	(main)	7,724		(7,724)
Ford Foundation	(build)	84,863		(82,872)		1,991
Dar El Rasheed		1,159				1,159
Total restricted	funds	121,723	181,621	(306,195)	6,001	3,150
Total funds		285,780	210,285	(376,115)		119,950

Notes to t 2022	he	Financial	Statements	for the	Year Ended	31 Decem	ber
							Balance at
			Balance at				31
			1 January	Incoming	Resources		December
			2021	resources	expended	Transfers	2021
Unrestricted	funds
General
Unrestricted	revenue
funds			161,663	4,960	(2,566)		164,057
Restricted
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

				Total funds
		Unrestricted		at1
		General	Restricted	December
		funds	funds	2022
Current	assets	123,354	3,150	126,504
Current	liabilities	(6,554)		(6,554)
Total net assets		116,800	3,150	119,950
				Total funds
		Unrestricted		at 31
		funds	Restricted	December
		General	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

15Analysis of ne	t funds
				At 31
		At 1 January	Financing	December
		2022	cash flows	2022
Cash at bank and	in hand	475,879	(355,143)	120,736
Net funds		475,879	(355,143)	120,736