| Page | |||
|---|---|---|---|
| Annual Report ofthe Trustees |
1-5 | ||
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities (including | Income and Expenditure | Account) | |
| Balance Sheet | |||
| Notes to the Financial Statements |
9-15 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| Funds | Funds | ||
| Page | 2021 | 2020 | |
| INCOME AND EXPENDITURE | 6 | 6 | |
| Incoming resources | |||
| Voluntary income (note 2) |
323,128 | 532,731 | |
| Total incoming resources |
323,128 | 532,231 | |
| Resources expended | |||
| Charitable activities (note 3) |
11 - 12 | 342,642 | 493,070 |
| Total resources expended | 342,642 | 493,070 | |
| Other recognised gains |
|||
| Gain on debtor revaluation | 193 | ||
| 193 | |||
| Net movement in funds |
(19,514) | 39,854 | |
| Reconciliation of Funds |
|||
| Resources brought forward at 1 April 2020 |
229,868 | 190,014 | |
| Resources carried forward at 31 March 2021 | 6210,354 | 6229,868 |
| statements, where relevant. The T financial statements. |
rustee | s h |
ave not made any si |
gnificant estimati |
ons in these |
|---|---|---|---|---|---|
| Page | 2021 | 2020 | |||
| E | E | ||||
| VOLUNTARY INCOME |
|||||
| Donations | 260,293 | 427,731 | |||
| GIR Aid relief | 62,500 | 105,000 | |||
| Supplementary interest |
335 | ||||
| 7 | F323,128 | 2 532,731 | |||
| CHARITABLE ACTIVITIES | |||||
| The following charitable grants were |
awarded | during the year: | |||
| 2021 | 2020 | ||||
| E | E | ||||
| UK grants awarded: | |||||
| University ofEast Anglia (Exempt Charity) |
25,000 | 25,000 | |||
| The Royal African Society (Registered No. |
1062764) | 25,000 | 25,000 | ||
| Friends ofGuy's Marsh Prison (Registered | No.1168102) | 14,000 | 14,000 | ||
| The Longford Trust (Registered No. |
1164701) | 10,000 | |||
| Lincoln Oxford College (Registered | No.1139261) | 10,000 | 10,000 | ||
| Whitehaven Community Trust (Registered |
No. | 1060245) | 5,000 | ||
| South Oxford Family Room —(Not Registered) | 5,000 | ||||
| Platform Presents —(Community interest company 10898238) |
1,000 | ||||
| UK individuals | 13,240 | ||||
| Calderwood House —Community Project |
7,000 | ||||
| Donmar Warehouse (Registered No. |
284262) | 6,000 | |||
| UK Youth (Registered No. 1110590) |
3,000 | ||||
| Reprieve (Registered No. 1114900) |
1,200 |
| Page | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| 6 | 6 | ||||||
| 3. | CHARITABLE ACTIVITIES (continued) | ||||||
| Kayd Somalia Arts &Culture | (Registered | No.1170441) | 20,000 | ||||
| The Caine Prize (Registered | No. 1039039) | 10,800 | |||||
| 95,000 | 135,240 | ||||||
| Overseas grants awarded: | |||||||
| Scholarships awarded (note |
8) | 72,000 | 72,000 | ||||
| Overseas individuals |
6,500 | 3,000 | |||||
| UBA Sierra Leone (irrecoverable | grant) | 4,029 | |||||
| Sereke Tseggai Tesfazion | 15,949 | ||||||
| Culture and Dev East Africa | 12,569 | ||||||
| Book Buzz Foundation (Nigerian |
literacy | festival) | 15,000 | ||||
| Abantu Bookfestival | 7,500 | ||||||
| AMEA MMF (Alex Macbeth) | 5,000 | ||||||
| Centre for African Cultural Excellence |
4,263 | ||||||
| African Writers Trust | 3,000 | ||||||
| Bwesigye Bwa Mwesigire | 1,000 | ||||||
| 82,529 | 139,281 | ||||||
| Total grants made | 177,529 | 274,521 | |||||
| Support costs - In relation to Scholarship | awards | 16,647 | 53,107 | ||||
| Governance costs | |||||||
| Management &administration |
costs | 135,373 | 143,559 | ||||
| Depreciation (note 4) Accountancy fees Independent examiner's fees |
13 | (236) 7,680 3,600 |
9,860 6,480 3,600 |
||||
| Bank charges | 2,049 | 1,943 | |||||
| Total charitable activities |
7 | 6342,642 | L'493,070 |
| Page | 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| E | E | ||||||||
| 4. | TANGIBLE | FIXEDASSET | |||||||
| Fixtures, fittings and equipment | at cost | ||||||||
| Balance at 1 | April 2020 | 49,572 | 49,572 | ||||||
| Additions | |||||||||
| Balance at 31 March 2021 | 49,572 | 49,572 | |||||||
| Accumulated | depreciation | ||||||||
| Balance at 1 | April 2020 | 48,378 | 38,518 | ||||||
| Overcharge | ofdepreciation | in previous year | 12 | (236) | |||||
| Depreciation | charge in year |
9,860 | |||||||
| Balance at 31 March 2021 | 48,142 | 48,378 | |||||||
| Net Book Value at 31 March 2021 | 8 | E | 1,430 | E | 1,194 | ||||
| Net BookValue at 31 March 2020 | E | 1,194 | E | 11,054 |
| 5. | DEBTORS | Page | 2021 6 |
2020 E |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| GIR Aid relief | 62,500 | 105,000 | |||||||||
| Grant payment | to be | refunded | ($5,000) | 4,029 | |||||||
| 8 | L' | 62,500 | E | 109,029 | |||||||
| 6. | CREDITORS | —amounts | falling due within one year | ||||||||
| Grant Commitments | (note | 8) | 14 | 76,500 | 87,000 | ||||||
| Accountancy | fees | 12,720 | 5,040 | ||||||||
| Independent | examination | fees | 7,200 | 3,600 | |||||||
| C Hoare &Co | Credit | Card | 133 | 79 | |||||||
| 8 | 8 | 96,553 | 95,719 | ||||||||
| 7. | CREDITORS | —amounts | falling due in more one year | ||||||||
| Grant Commitments | (note | 8) | 8/14 | L' | 1,500 | F |
| The carry | amounts of | the Charity's | the Charity's | financial | Page | 2021 6 |
2020 |
|---|---|---|---|---|---|---|---|
| instruments | are as follows: | ||||||
| Financial | assets | ||||||
| Measured | at fair value | through | SOFA: | ||||
| -Cash at | bank and in | hand | 244,477 | 215,364 | |||
| Measured | at amortised | cost: | |||||
| -Debtors | 14 | 62,500 | 109,029 | ||||
| Financial | liabilities | ||||||
| Measured | at amortised | cost | |||||
| - Accruals | &creditors | 14 | 20,053 | 8,719 |