| PAGE | |
|---|---|
| Legal andAdministrativelnformation | |
| Reportofthe Directors andTrustees | 2-4 |
| lndependentExaminers'Report | 5 |
| Statementof FinancialActivities | þ |
| BalanceSheet | 7 |
| NotesformingpartoftheFinancial Statements | 8-13 |
2/3/2023
Independent Examiner's Report to the Trustees of Knowledge 4 All Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
Responsibilities of basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of the ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
1) accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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2) the accounts do not accord with those records; or
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3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Betchworth House 57-65 Station Road Redhill Surrey RH1 1DL
DAVID MONTGOMERY For and on behalf of Moore Kingston Smith LLP Chartered Accountants
Date: 6 March 2023
Page Five
Forthe Yearto31March |
2022 |
||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Note | 2022 | 2022 | 2022 | 2021 | |
| â | r | Ê | Ê | ||
| INCOMEANDENDOWMENTS | |||||
| DonationsandLegacies | 3 | 108,272 | 358,967 | 467,239 | 202,544 |
| CharitableActivities | 4 | 8,613 | 8,613 | ||
| Total Operating lncome | 108,272 | 367,580 | 475,852 | 202,544 | |
| EXPENDITURE | |||||
| Charitable activities | 4 | 82,192 203,859 | 286,051 |
271,917 | |
| Total Operating Expenditure | 82,192 | 203,859 | 286,051 |
271,917 | |
| NetOperating lncome | 26,080 | 163,721 | 189,801 | (6e,373) | |
| Transfers betweenfunds | 52,362 | (52,362) | |||
| Netmovement in funds | 78,442 | 1'l1,359 |
189,801 | (6e,373) | |
| Total Fundsboughtfonryard | 37,832 | 78,451 | 116,283 | 185,656 | |
| Total Funds carried forward | 116,274 | 189,810 | 306,084 | 116,283 |
2/3/2023
| Voluntarylncome -Donations and Legacies Yearto31March 2022 |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| 2022 | 2022 | 2022 | |
| € | € | Ê | |
| EuropeanCommission: MicroHE | 7,156 | 7J56 | |
| EuropeanCommission: XSGON | 84,142 | 84,142 | |
| AI4D& AI4D2 | 2,456 | 16,437 | 18,893 |
| Cooperative Workshop | 701 | 701 | |
| AfricaNLP | 1,635 | 4,904 | 6,539 |
| OEW84 | 17,616 | 52,846 | 70,462 |
| Masakhane | 64,494 | 193,482 | 257,976 |
| Otherdonations | 21,370 | 21,370 | |
| 108,272 | 358,967 | 467,239 | |
| Yearto3lMarch2021 | |||
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| 2021 | 2021 | 2021 | |
| Ê | Ê | E | |
| Unesco | 4,436 | 5,502 | 9,938 |
| EuropeanCommission:HumaneAl | 17,947 | 53,841 | 71,788 |
| EuropeanCommission: Elise | 19,369 | 58,106 | 77,475 |
| EuropeanCommission: Encore+ | 6,750 | 20,250 | 27,000 |
| AI4D&Ai4D2 | 1,942 | 12,996 | 14,938 |
| Cooperative Workshop | 1,405 | 1,405 | |
| 51,849 | 150,695 | 202,544 |
| lncomefromCharitableActivities | |||
|---|---|---|---|
| Yearto31 March2022 | |||
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| 2022 | 2022 | 2022 | |
| Ê | Ê | E | |
| Event sponsorship | 8,613 | 8,613 | |
| 8,613 | 8,613 | ||
| Yearto31 March2021 | |||
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| 2021 | 202', | ||
| Ê | Ê | Ê | |
| Event sponsorship |
| Yearto31March2022 | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| 2022 | 2022 | 2022 | |
| Ê | Ê | Ê | |
| Expenditure directly allocatedtoactivities | |||
| Wages and salaries | 8,145 | 75,378 | 83,523 |
| Direct travel expenses | 4,324 | 4,324 | |
| Consultancy | 56,634 | 124,157 | 180,791 |
| Support costsallocatedtoactivities | |||
| lndependent examinerfees | 6,480 | 6,480 | |
| Legalandprofessionalfees | 8,041 | 8,041 | |
| Bank charges | 2,892 | 2.892 | |
| 82,192 | 203,859 | 286,051 |
| 82,19 | 2 203,85 | 9 286,051 |
|
|---|---|---|---|
| Yearto31March2021 | |||
| Unrestricted | Restricted | Total | |
| funds | funds | Funds | |
| 2021 | 2021 | 2021 | |
| € | Ê | Ê | |
| Expenditure directly allocated toactivities | |||
| Wages and salaries | 83,937 | 83,937 | |
| Direct travel expenses | 2,421 | 2,421 | |
| Consultancy | 31,702 | 140,630 | 172,332 |
| Support costsallocatedtoactivities | |||
| lndependent examinerfees | 3,984 | 3,984 | |
| Legalandprofessionalfees | 7,242 | 7,242 | |
| Bank charges | 2,001 | 2,001 | |
| __44,929_ | __226888_ | ___nBV_ |
| Employee Costs | ||
|---|---|---|
| 2022 | 2021 | |
| Ê | Ê | |
| Wagesand salaries | 77,000 | 78,250 |
| Employer'sNIC | 5,202 | 5,374 |
| Employer'sPension Contribution | 1,321 | 1,313 |
| 83,523 | 84,937 |
| Debtors | ||
|---|---|---|
| 2022 | 2021 | |
| I | e | |
| Other debtors | 3,994 | 3,197 |
| Creditors: Amounts fallingduewithinone year | ||
| 2022 | 2021 | |
| â | Ê | |
| Trade creditors | 4 106 |
|
| Taxand socialsecurity | 256 | 256 |
| Accruedexpenses | 6,480 | 3,984 |
| 10,842 | 4,240 |
| Movement inFunds | ||||||
|---|---|---|---|---|---|---|
| At1April | Incoming | Outgoing | Transfers | At31March | ||
| 2021 | Resources | Resources | 2022 | |||
| Ê | Ê | € | Ê | |||
| UnrestrictedFunds | 37,832 | 108,272 | (82,192) |
52,362 | 116,274 | |
| RestrictedFunds | ||||||
| TTaMOOC | 4,601 | (4,601) | ||||
| MicroHe | (7,1s6) | 7,'156 | (160) | 160 | ||
| XSGON | (84,142) | 84,142 | ||||
| UNESCO | (3,e56) | 3,9s6 | ||||
| AI4D | 38,206 | 16,437 | (s4,643) | |||
| ACM | 2,053 | (2,053) | ||||
| Deep Learning | (8,712) | (8,712) | ||||
| Humaneai | 55,995 | (4s,827) | 6,168 | |||
| European Commission:Elise | 58,106 | (27,4e0) | 30,616 | |||
| Ëuropean Commission:Encore+ | 19,500 | (6,326) | 13,174 | |||
| Google: QuestionAnswers | 8,6't3 | (533) | 8,080 | |||
| HewlettFoundation:OEW84 | 52,846 | (834) | 52,012 | |||
| Lacuna:Masakhane | 193,482 | (105,010) | 88,472 | |||
| AfricaNLP Workshop | 78,451 | 4,904 367,580 |
ß.723) (203,859) |
4,819 (s2,362)18e,8'10 |
||
| TotalFunds | 116,283 | 475,852 | (286,051) | 306,084 |
| 12.AllocationofNetAssets between Funds | ||||
|---|---|---|---|---|
| Fixed | Current | Current | ||
| Assets | Assets | Liabilities | Total | |
| Ê | € | Ê | Ê | |
| Unrestricted fund | 127,116 | (10,842) | 116,274 | |
| Restrictedfunds | 189,810 | 189,810 | ||
| 316,926 | _(10ß44 | 306,084 |