2021-09-30-accounts

	Pacae
Contents
Reference and Administrative Details
Trustees' Annual Report	3-8
Independent Examiner's Report
Statement of Financial Activities	10
Balance Sheet
Notes to the Financial Statements	12-22

Trustees and Directors	Trustees and Directors	Trustees and Directors	Trustees and Directors	E Bryan
				G Constable
				W Herbig
				E Kruger
				N Robson
Company	Secretary			E Hodges
Chief Executive				G Nokes
Founder/Managing			Director	R Bennett
Registered		Office		The Old Smithy
				Blackborough
				Cullompton
				Devon
				EX152JD
Independent		Examiner		Michelle Ferris BSc(Hons) FCA DChA
				Albert Goodman		LLP
				Goodwood	House
				Blackbrook	Park	Avenue
				Taunton
				Somerset
				TA1 2PX

				Unres-	Res-	Total	Unres-	Res-	Total
			Notes	tricted	tricted	Funds	tricied	tricted	Funds
						2021			2020
Income from:
Grants and	donations		4	264,592	4,107	268,699	50,435	20,267	70,702
Charitable	activities		5	69,352	73,723	143,075	61,202	149,240	210,442
Total income				333,944	77,830	411,774	111,637	169,507	281,144
Expenditure	on:
Charitable	activities		6	118,929	109,586	228,515	101,568	183,332	284,900
Total expenditure				118,929	109,586	228,515	101,568	183,332	284,900
Net income	I(expenditure)
for the year before		transfers		215,015	(31,756)	183,259	10,069	(13,825)	(3,756)
Transfers			12	(30,259)	30,259
Net movement in funds				184,756	(1,497)	183,259	10,069	(13,825)	(3,756)
Reconciliation offunds:
Total funds	brought	forward		35,639	51,497	87,136	25,570	65,322	90,892
Total funds	carried	forward	12	220,395	50,000	270,395	35,639	51,497	87,136

			Notes
					2021		2020
Fixed assets
Tangible fixed assets					4,165		6,174
Investments					1		1
					4,166		6,175
Current assets
Debtors				95,299		10,103
Cash at bank and		in hand		185,843		87,731
Stock			10	10,859		12,217
				292,001		110,051
Creditors
Amounts	falling due within one year		11	(25,772)		(29,090)
Net current assets					266,229		80,961
Net assets					270,395		87,136
Funds
Unrestricted	fund		12		220,395		35,639
Restricted	funds		12		50,000		51,497
					270,395		87,136

						2021	2020
Wages and	salaries					103,771	89,689
Social security costs						5,767	4,068
Employer pension		costs				2,563	2,509
						112,101	96,266
Self-employment		costs				5,620	7,440
						117,721	103,706
No individual	employee			was paid over f60,000 (2020 —none).
The average	number		of	employees	for the year was as follows:
						2021	2020
Number of	staff

			Unres-	Res-	Total	Unres-	Res-	Total
			tricted	tricted	2021	tricted	tricted	2020
Donations	from team		3,076		3,076	18,922		18,922
members
Other donations			198,645	4,107	202,752	3,919	20,267	24,186
Gift Aid			2,375		2,375	2,664	-	2,664
Government		grants	60,496		60,496	24,930		24,930
			264,592	4,107	268,699	50,435	20,267	70,702

	Unres-	Res-	Total	Unres-	Res-	Total
	tricted	tricted	2021	tricted	tricted	2020
Fees from team				18,923		18,923
members
Grants from corporate	69,352	73,723	143,075	42,279	149,240	191,519
sponsors
	69,352	73,723	143,075	61,202	149,240	210,442

	Unres-	Res-	Total	Unres-	Res-	Total
	tricted	tricted	2021	tricted	tricted	2020
Charitable Activities
Wages and salaries	110,221	7,500	117,721	65,599	6,520	72,119
Travel	1,588		1,588	258	12,000	12,258
Subsistence	19		19	155	13,000	13,155
Malawi Community
Centre grants
(incl wages)	284	100,491	100,775	11,429	151,812	163,241
Equipment	1,358	1,340	2,698	8,753		8,753
Project administration				2,568		2,568
Marketing	1,648		1,648	2,539		2,539
Sundry expenses	426	255	681	5,237		5,237
Depreciation	2,009		2,009	2,064		2,064
	117,553	109,586	227,139	98,602	183,332	281,934
Governance ex enditure
Accountancy	536		536	710		710
Independent examination	840		840	1,000		1,000
Insurance				1,256		1,256
Cost ofTrustee meetings
	1,376		1,376	2,966		2,966
	118,929	109,586	228,515	101,568	183,332	284,900

7	Fixed assets
			Other	Computer
			vehicle	equipment
		Vehicle	related	&website	Total
	Cost
	As at 01.10.2020	26,340	3,811	12,883	43,034
	Additions
	As at 30.09.2021	26,340	3,811	12,883	43,034
	Depreciation
	As at 01.10.2020	26,061	3,811	6,988	36,860
	Charge for Year	279		1,730	2,009
	As at 30.09.2021	26,340	3,811	8,718	38,869
	Net book value
	As at 30.09.2021			4,165	4,165
	As at 01.10.2020	279		5,895	6,174

9	Debtors
					2021	2020
	Accrued income				90,000	2,500
	Other debtors				5,299	7,603
					95,299	10,103
10	Stock
					2021	2020
						F
	Equipment				10,859	12,217
11	Creditors	- amounts	due in less than one year
					2021	2020
	Other creditors				1,463	726
	Accruals and deferred			income	24,308	28,363
	Unpaid share capital				1	1
					25,772	29,090
	Deferred	income			2021	2020
	Deferred	income at	1 October 2020		25,524	18,718
	Released	from previous		years	(3,016)	(18,718)
	Resources deferred		in	the year		25,524
	Deferred	income at	30	September 2021	22,508	25,524

12 Statement offunds	12 Statement offunds
		Balance				Balance
		as at				as at
		01.10.20	Income	Expenditure	Transfers	30.09.21
Restricted funds
Malawi Community	Centre	36,801	6,607	(60,911)	17,503
Employee Salaries		4,726		(5,000)	274
Tanzania Rugby Development		170	35,840	(10,101)	191	26,100
Lilongwe vehicles		7,300		(4,979)	(2,321)
Malawi —Lilongwe site			35,383	(26,095)	14,612	23,900
World Rugby		2,500		(2,500)
Total restricted funds		51,497	77,830	(109,586)	30,259	50,000
Unrestricted funds
General		35,639	333,944	(118,929)	(30,259)	220,395
Total funds		87,136	411,774	(228,515)		270,395
Statement offunds - 2020
		Balance				Balance
		as at				as at
		01.10.19	Income	Expenditure	Transfers	30.09.20
Restricted funds
Malawi Community	Centre	32,044	140,267	(135,510)		36,801
Employee Salaries		8,380	13,000	(16,654)		4,726
Bill McLaren Foundation			10,000	(10,000)
Tanzania Rugby Development		98	6,240	(6,168)		170
Lilongwe vehicles		7,300				7,300
World Rugby		17,500		(15,000)		2,500
Total restricted funds		65322	169507	(183,332)		51,497
Unrestricted funds
General		25,570	111,637	(101,568)		35,639
Total funds		90,892	281,144	(284,900)		87,136