2022-12-31-accounts - MAD-Aid

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Reference and administrative		details ofthe Charity, its Trustees and advisers
Trustees' report			2-9
Trustees' responsibilities statement			10
Independent auditors'	report	on the financial statements	11 - 14
Statement offinancial	activities		15
Balance sheet			16
Statement ofcash flows
Notes to the financial	statements		18-38

							As restated
				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
			Note	2022 f	2022f	2022f	2021f
Income from:
Donations and legacies			4	766,000	2,829,668	3,595,668	143,236
Other trading	activities		5		75,331	75,331	23,378
Other income			6		1,078	1,078	1,172
Total income				766,000	2,906,077	3,672,077	167,786
Expenditure	on:
Raising funds			7		48,397	48397	10,033
Charitable activities			8	635,202	2,740,452	3,375,654	86,647
Total expenditure				635,202	2,788,849	3,424,051	96,680
Net income before taxation				130,798	117,228	248,026	71,105
Net movement	in funds			130,798	117,228	248,026	71,106
Reconciliation	offunds:
Total funds brought		forward (as
restated)					69,695	69,695	(1,411)
Net movement	in funds			130,798	117,228	248,026	71,106
Total funds carried forward				130,798	186,923	317,721	69,695

					As resreied
			2022		202I
	Note		6		E
Fixed assets
Tangible assets	13		210,356		I80,013
			210,356		180,013
Current assets
Debtors	14	6,232		1,054
Cash at bank and in hand		145,803		3,496
		152,035		4,550
Creditors amounts falhng due within one
vear	'I5	(44,670)		(114,868)
Net current assets Iliabilites			107,365		I'110,318)
Total asssfs less current liabilities			317,721		89,695
Total net assets			31'r,721		69,695
Charity funds
Restricted funds	16		130,796
Unrestncted funds	16		166,923		69,695
Total funds			317,721		69.695

							As restated
						2022	2021
						E	8
Cash flows from operating		activities
Net cash used in operating		activities				178,526	164,158
Cash flows from investing		activities
Purchase oftangible fixed assets						(34,219)	(162,500)
Net cash used in investing		activities				(34,219)	(162,500)
Cash flows from financing		activities
Net cash provided by financing activities
Change in cash and cash	equivalents		in	the year		142,307	1,658
Cash and cash equivalents	at the beginning			of the year		3,496	1,838
Cash and cash equivalents		at the end	of	the year		'I45,803	3,496
The notes on pages 18to 38 form part ofthese hnancial					statements

			Restricted	Unrestricted	Total
			funds	funds	funds
			2022 f	2022 6	2022 8
	Donations			2,822,168	2,822,168
	Grants		766,000	7,500	773,500
			766,000	2,829,668	3,595,668
				Unrestricted	Total
				funds	funds
				2021f	2021
	Donations			136,119	136,119
	Grants			7,117	7,117
				143,236	143,235
5.	Income from other trading	activities
	Income from fundraising	events
				Unrestricted	Total
				funds	funds
				2022f	2022 8
	Events			75,331	75,331
				Unrestricted	Total
				funds	funds
				2021	2021
				6	8
	Events			23,378	23,378

	Unrestricted	Total
	funds	funds
	2022	2022
	5
Room rental	665	665
Merchandise	205	205
Debit card cash backs	208	208
	1,078	1,078
	Unrestricted	Total
	funds	funds
	2021	2021
	5
Room rental	1,172	1,172
Merchandise
Debit card cash backs
	1,172	1,172

	Unrestricted	Total
	funds	funds
	2022 6	2022f
Travel expenses	121	121
Events	43,064	43,064
Marketing	4,622	4,622
Other	590	590
	48,397	48,397
	tinrestricted	Total
	funds	funds
	2021	2021
		6
Travel expenses
Events	10,033	10,033
Marketing
Other
	10,033	10,033

		Restricted	Unrestricted
		funds	funds	Total
		2022	2022	2022
		E	E	E
Aid Delivery		25,196	1,290,393	1,315,589
Phoenix Proiect		11,038	113,268	124,306
MAD Aid Moldova		3,056	2,029	5,085
Emergency	Response	595,912	1,334,762	1,930,674
		635,202	2,740,452	3,375,654

		Unrestricted	As realatad
		funds	Total
		2021	2021
			E
Aid Delivery		100,599	100,599
Phoenix Project		(13,952)	(13,952)
MAO Aid Moldova
Emergency	Response
		86,647	86,647

		Activities	Grant
		undertaken	funding of	Support	Total
		directly	activities	costs	funds
		2022	2022	2022	2022
		E		E
Aid Delivery		1,271,542		44,047	1,315,589
Phoenix Project		124,306			124,306
MAD Aid Moldova		5,085			5,085
Emergency	Response	1,465,808	460,588	4,278	1,930,674
		2,866,741	460,588	48,325	3,375,654

		As restated
		Activities	As restated	As restated
		undertaken	Support	Total
		directly	costs	funds
		2021f	2021f	2021f
Aid Delivery		69,006	31,593	100,599
Phoenix Project		(14,067)	115	(13,952)
MAD Aid Moldova
Emergency	Response
		54,939	31,708	86,547

				Phoenix	INAD Aid	Emergency	Tots I
			Aid Delivery	Project	Moldova	Response	funds
			2022f	2022f	2022 f	2022 f	2022f
Staff costs			7,267	12,382	5,085	35,092	60,826
Transport	8 Travel		70,054	932		182,497	253,483
Direct Aid			11,880	114,999			126,879
Donations	in Kind		1,178,424			1,247,219	2,425,643
Storage			3,572				3,572
Other			345				345
Exceptional		Item		(4,007)			(4,007)
			1,271,542	124,306	5,085	1,465,808	2,866,741
				As restated	As restated	As restated	As restated
			As restated	Phoenix	MAD Aid	Emergency	Total
			Aid Delivery	Pro)ect	Moldova	Response	funds
			2021f	2021	2021 f	2021 f	2021f
Staff costs
Transport	&	Travel	6,100	4,048			10,148
Direct Aid			10,224	23,730			33,954
Donations	in Kind		50,302				50,302
Storage			2,380				2,380
Other
Exceptional		Item		(41,845)			(41,845)
			69,006	(14,067)			54,939

				Phoenix	Emergency	Total
			Aid Delivery	Pro/ect	Response	funds
			2022	2022	2022	2022
				6
Staff costs			7,653			7,653
Depreciation			3,876			3,876
Transport	&	Travel
OfFice Costs			7,950			7,950
Computer	Costs		2,131			2,131
Finance Costs			706			706
Utilities			5,257			5,257
Telephone	8 Internet		732			732
Professional		Costs	13,963			13,963
Insurance			799			799
Marketing
Management		Fees
Recruitment			355			355
Repairs & Maintenance			21			21
Cleaning			604			604
Fundraising		costs			4,278	4,278
			44,047		4,278	48,325

				As restated	As restated	As restaied
			As restated	Phoenix	Emergency	Total
			Aid Delivery	Projecl	Response	funds
			2027'	2021	2021	2021
				2	8
Staff costs			14,178			14,178
Depreciation
Transport	&	Travel	216			216
Office Costs			2,498			2,498
Computer	Costs		2,109			2,109
Finance Costs			498			498
Utilities			116			116
Telephone	& Internet		465			465
Professional		Costs	26			26
insurance			517			517
Marketing			745			745
Management		Fees	10,000			70,000
Other			110			110
Recruitment
Cleaning
Fundraising		costs	175	115		230
			31,593	115		31,708

						2022
						6
Fees payable	to the Charity's	auditor		for the audit of the Charity's	annual
accounts						9,096
Fees payable	to the Charity's	auditor		in respect of
Ail non-audit	services not included		above			4,704

							2022 9	2021f
Wages and	salaries						60,983	14,000
Social security costs							6,246
Contribution	to defined	contribution	pension	schemes			1,250	178
							68,479	14,178
The average	number ofpersons employed			by the Charity	during	the year	was as follows:
							2022	2021
							No.	Ivo.
Staff
Directors

	Short	Fixtures	&	Office	Computer
	Leaseholdf	Fittings		equipmentf	equipmentf	Tota If
Cost or valuation
At 1 January 2022 (as
previously stated)	300,668					300,668
Prior Year Adjustment	(120,655)					(120,655)
At 1 January 2022 (as
restated)	180,0'i 3					180,013
Additions	25,018	990		4,797	3,414	34,219
At 31 December 2022	205,031	990		4,797	3,414	214,232
Depreciation
At 1 January 2022
Charge for the year	3,125		33	142	576	3,876
At 31 December 2022	3,'l25		33	142	576	3,876
Net book value
At 31 December 2022	201,906	957		4,655	2,838	210,356
At31 December 2021 (es
restated)	180,013					180,013
Debtors
					2022	2021f
Due within one year
Trade debtors					5,352	1,054
Prepayments and accrued income					880
					6,232	1,054

			As restaled
		2022	2021
			E'
Bank overdrafts			13
Trade creditors		21,613	34,241
Other taxation and social security		723
Other creditors		388	80,614
Accruals and deferred	income	21,946
		44,670	114,868

						Balance at
	Balance at 1					31
	January			Transfers	Gains/	December
	2022f	Income f	Expenditure f	inloutf	(Losses)f	2022f
Unrestricted
funds
General Funds	69&695	2,906,077	(2,788,849)			186,923
Restricted
funds
Lund		750,000	(629,144)			120,856
ALMT		10,000	(3,219)			6,781
Sensory Play
Room		6,000	(2,839)			3,161
		766,000	(635,202)			130,798
Total offunds	69,695	3,672,077	{3,424,051)			317,721

Statem	ent	offun	ds - prior year
					As restated
			Balance at	As restated	Balance at				As reslaled
			1January	Prior Year	1January			As restated	Balance at
			2021	Adjustment	2021	income		Expendilure	31Dec 2021
			E		E		E		E
Unrestricted
funds
9	t 9	d	~tGe	~txttdt	~f6t	~t6	2	~0M	69699
Restricted
funds
Lund
ALMT
Sensory	Play
Room

Analysis	of net assets between funds - curr	ent year
		Restricted	Unrestricted	Tota I
		funds	funds	funds
		2022	2022	2022
			E	E
Tangible	fixed assets	17,556	192,800	210,356
Current	assets	113,242	38,793	152,035
Creditors	due within one year		(44,670)	(44,670)
Tota I

Analysis	of n	et assets between funds - prior year
			As restaled
			Unrestricted	To(s)
			funds	funds
			2021	2021
			6
Tangible	fixed	assets	180,013	180,013
Current	assets		4,550	4,550
Creditors	due	within one year	(114,868)	(114,868)
Total			69,695	69,695

						As restated
					2022	2021
					E
Net income	for the	year (as per Statement of Financial		Activities)	248,026	71,106
Adjustments	for.
Depreciation	charges				3,876
Loss on the	sale of	fixed assets				25,171
Increase in debtors					(5,178)	(1,054)
Increase/(decrease)		in creditors			(70,198)	68,935
Net cash provided		by operating	activities		176,526	164,158

		2022	2021f
Cash	in hand	145,803	3,496
Total	cash and cash equivalents	145,803	3,496

					At 1		At 31
					January		December
					2022 f	Cash flows 8	2022f
Cash	at bank and		in hand		3,496	142,307	145,803
Bank	overdrafts	repayable		on demand	(13)	13
					3,483	142,320	145,803