2021-06-30-accounts - New Era Foundation Ltd

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				As a	t 30 une	2021
							2021		2020
					Note		f		f
Fixed assets:
Intangible assets					10		27,600		24,000
Tangible assets					11		18,727
							46,327		24,000
Current assets:
Debtors					12	42,789		208,981
Cash at bank and		in hand				325,015		63,797
						367,804		272,778
Liabilities:
Creditors: amounts		falling	due within	one year	13	226,228		163,266
Net current assets		/ (liabilities)					141,576		109,512
Total assets less	current		liabilities				187,903		133,512
Total net assets	/	(liabilities)					187,903		133,512
The funds ofthe Restricted income	charity: funds				16		87,707		63,418
Unrestricted income funds:
Ceneral funds						100,196		70,094
Total unrestricted		funds					100,196		70,094
Total charity funds							187,903		133,512

				For t	h	e ear en	ded 30	une 2021
							Note	2021		2020
								f		f
Cash flows from operating			activities				17
Net cash		provided by / (used in) operating				activities			286,316		82,246
Cash flows from investing			activities:
Purchase		of fixed assets						(25,098)		(24,000)
Proceeds		from sale of investments
Purchase		of investments
Net cash		provided by / (used in) investing			activities				(25,098)		(24,000)
Change	in cash and cash		equivalents	in the		year			261,218		58,246
Cash and		cash equivalents	at the beginning			ofthe
year									63,797		5,551
Change	in cash and cash		equivalents	due to
exchange		rate movements
Cash and		cash equivalents	at the end	ofthe year			18		325,015		63,797

Income from d	onations	and	legacies
							2021 total	2020
				Unrestricted		Restrictedj	Totalf	Total f
Donations				14,117			14,117	50,418
Grants —Trusts	and Foundations					566,962	566,962	438,423
				14,11	7	566,962	581,079	488,841
Income from charitable		activities
							2021	2020
				Unrestricted	f	Restricted f.	Totalf	Total
DIVERT Programme						86,735	86,735	108,140
Total income from charitable			activities			86,735	86,735	108,140

				Charitable
			Cost of	activities—
			raising	DIVERT	Support	2020
			funds E	Programme f	costs	Total f
Staff costs (Note 6)			4,208	32, 196	56,404	92,808
DIVERT Programme	Delivery			64,200		64,200
Other Direct Expenses				2,185		2,185
Sub-contractors				198,197		198,197
Travel, subsistence	&entertainment				3,598	3,598
Consultancy				14,000		14,000
Staff Training					46,800	46,800
Advertising & Marketing			1,143			1,143
Rent					3,026	3,026
Insurance					1,104	1,104
Print, stationery, postage, subscriptions Lease of Computer Equipment					1,352 3,750	1,352 3,750
Bank charges and sundry					904	904
Telephone & Internet					793	793
IT Software & Consumables					27,604	27,604
Legal & Professional	Fees
Independent examination		&Accountancy			3,869	3,869
			5,351	310,778	149,204	465,333
Support costs			17,904	131,300	(149,204)
Total expenditure	2020		23,255	442,078		465,333

Raising	funds	funds
Charitable		activity:	DIVERT
Support

Intangible fixed assets
		E-learning
		software	Total
		f	f
Cost or valuation
At the start of the year Additions in year		24,000 3,600	24,000 3,600
At the end of the year		27,600	27,600
Depreciation
Charge for the year
At the end of the year
Net book value
At the end ofthe year		27,600	27,600
At the start of the year		24,000	24,000
All of the above assets are used for charitable	purposes.

11	Tangible Axed asset	s
					Computer
					equipmentf		Total f
	Cost or valuation
	At the start of the year
	Additions in year				21,498		21,498
	At the end of the year				21,498		21,498
	Depreciation
	Charge for the year				2,771		2,771
	At the end of the year				2,771		2,771
	Net book value
	At the end ofthe year				18,727		18,727
	At the start of the year
	All of the above assets are		used for charitable	purposes.
12	Debtors
						2021	2020f
	Trade debtors						167,731
	Prepayments					42,789	41,250
						42,789	20&,981
13	Creditors: amounts	falling	due within one year
						2021 f	2020f
	Loan from BGP Global Services Ltd (see note			8)			62,917
	Trade creditors					30,872	39,514
	Taxation and social	security				7,809	6,134
	Other creditors					986	258
	Accruals					1,800	1,800
	Deferred income					184,761	52,643
						226,228	163,266
14	Deferred income

Deferred	income	includes gr	ants and incoine received in adva	nce for next financial year.
				2021f	2020 f
Balance	at the beginning of		the year	52,643	78,296
Amount	released	to income	in the year	(52,643)	(78,296)
Amount	deferred	in the year		184,761	52,643
Balance	at the end	of the year		184,761	52,643

Analysis o	f net ass	ets between	funds
						General
						unrestricted	Designated	Restricted	Total funds
						f	f	f
Intangible	fixed assets					27,600			27,600
Tangible fixed assets						18,727			18,727
Net current	assets					53,869		87,707	141,576
Net assets	at 30June 2021					100,196		87,707	187,903
Analysis of net assets between			funds
						General f	Designated f	Restricted	Total funds f
Intangible	fixed assets					24,000			24,000
Net current	assets					46,094		63,418	109,512
Net assets	at 30June 2020					70,094		63,418	133,512
Movements	in funds
						Incoming	Outgoing
				At	1 July	resources &	resources &		At 30June
					2020	gains	losses	Transfers	2021
							f	f
Restricted	funds:
DIVERT Programme				63,41 8		653,697	(613,423)	(15,985)	87,707
Total restricted funds				63,418		653,697	(613,423)	(15,985)	87,707
General funds				70,094		14,117		I 5,985	100,196
Total unrestricted		funds		70,094		14,117		1 5,985	100,196
Total funds				133,512		667,814	(613,423)		187,903
						Incoming	Outgoing
				At	1 July	resources &	resources 8		At 30June
					2019	gains	losses	Transfers	2020
					f.	f	f	f	f
Restricted	funds:
DIVERT Prog ramme						546,563	(459,145)	(24,000)	63,418
Total restricted funds						546,563	(459,145)	(24,000)	63,418
General funds					1,864	50,418	(6,188)	24.000	70,094
Total unrestricted		funds			1,864	50,418	(6,188)	24,000	70,094
Total funds					1,864	596,981	(465,333)		133,512

												2021		2020
												f		f
Net income	/ (expenditure) for the reporting					period						57,162		I31,648
(as per the	statement of		financial		activities)
(Increase)/decrease		in debtors										166,192	(I30,862)
Increase/(decrease)		in creditors										62,962		81,460
Net cash provided		by operating		activities								286,316		82,246
Analysis of cash and cash equivalents
								At	I July			Other	At	30June
									2020	Cash	flows	changes		2021
									f		f	f		f
Cash in hand								63,797		261,218				325,015
Total cash	and cash equivalents							63,797		261,218				325,015
Operating	lease commitments
The charity's total		future	minimum		lease payments		under	non-cancellable			operating	leases is as follows
for each of	the following		periods
									Property			Equipment
									2021		2020	2021		2020
									f		f	f		f
One to five	years											17,213		41,250
												17,213		41,250