## |||||ONE ACRE UK UMITED|ONE ACRE UK UMITED|ONE ACRE UK UMITED| |---|---|---|---|---|---|---| ||||(A company||limited|by guarantee)| |REFERENCE AND|||ADMINISTRATIVE|DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS||| ||||FOR THE|YEAR|ENDED|31 DECEMBER 2022| |Trustees|||Matthew
Forti,|Chair||| ||||Kanini Mutooni|||| ||||Saul Sutkover|Mordis||| ||||Dr Stephen Lonsdale||Wiggins|| ||||Pools Mall|||| ||||Sonny Bardham|||| ||||Suveer Kothari|||| |Company|registered|||||| |number|||8150121|||| |Charity registered||||||| |number|||1153193|||| |Registered||office|Kemp House|||| ||||152-160City Road|||| ||||London|||| ||||EC1V2NX|||| |Independent||auditors|Griffin Stone Moscrop||&Co|| ||||Chartered
Accountants|||| ||||21-27 Lamb's Conduit||Street|| ||||London|||| ||||WC1N 3GS|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|funds| |||||2022|2022|2022|2021| ||||Note|8|6|8|| |Income from:|||||||| |Donations
and|legacies||3|4,396,072|100,775|4,496,847|196,078| |Total income||||4,396,072|100,775|4,496,847|196,078| |Expenditure
on:|||||||| |Charitable
activities|||5|4,396,072|71,249|4,467,321|211,667| |Total expenditure||||4,398,072|71,249|4,467,321|211,667| |Net movement|in funds||||29,526|29,526|(15,589)| |Reconciliation|offunds:||||||| |Total funds brought||forward|||5,343|5,343|20,932| |Net movement|in funds||||29,526|29,526|(15,589)| |Total funds carried forward|||||34,869|34,869|5,343| |||||||2022||2021| |---|---|---|---|---|---|---|---|---| |||||Note||5||E| |Fixed assets||||||||| |Current assets||||||||| |Debtors||||10|4,325,649|||| |Cash at bank and in hand|||||101,051||219,479|| ||||||4,426,700||219,479|| |Creditors: amounts|falling||due within one|||||| |year||||11|(1,067,396)||(214,136)|| |Net current assets||||||3,359,304||5,343| |Total assets less current|||liabilities|||3,359,304||5,343| |Creditors: amounts|falling||due BRer more|||||| |than one year||||12||(3,324,435)||| |Net assets excluding||pension asset||||34,869||5,343| |Total net assets||||||34,869||5,343| |Charity funds||||||||| |Restricted funds||||14||||| |Unrestricted
funds||||14||34,869||5,343| |Total funds||||||34,869||5,343| ||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS||| |---|---|---|---|---| ||FOR THE YEAR ENDED 3'I DECEMBER 2022|||| ||||2022
6|2021f| |Cash flows from operating|activities|||| |Net cash used
in operating|activities||(118,428)|146,214| |Cash flows from investing|activities|||| |Net cash provided
by investing
activities||||| |Cash flows from financing|activities|||| |Net cash provided
by financing
activities||||| |Change
in cash and cash|equivalents
in|the year|(118,428)|146,214| |Cash and cash equivalents|at the beginning|ofthe year|219,479|73,265| |Cash and cash equivalents|at the end ofthe year||101,061|219,479| ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Restricted|Unrestricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---| |||||funds||funds|funds|funds| |||||2022||2022|2022|2021| |||||E||E|5|E| ||Grants|||4,396,072||100,775|4,496,847|198,078| ||Total 2021|||190,000||6,078|198,078|| |4.|Analysis ofgrants|||||||| ||||||Grants to||Total|Total| ||||||Institutions||funds|funds| |||||||2022|2022|2021| |||||||E|5|8| ||Grants||||4,396,072||4,396,072|190,000| ||Total 2021|||||190,000|190,000|| ||The Company has made the following||material|grants to institutions||during the|year:|| ||||||||2022|2021| ||||||||5|8| ||Name of institution|||||||| ||One Acre Fund - Kenya Project||||||150,000|| ||One Acre Fund - Rwanda Project||||||90,000|90,000| ||One Acre Fund - Malawi Project||||||100,000|100,000| ||One Acre Fund - Kenya, Rwanda,|Tanzania|||||4,056,072|| ||||||||4,396,072|190,000| ## ## ## |||Total|Total| |---|---|---|---| ||Activities|funds|funds| ||2022|2022|2021| ||E|E|| |Staff costs|66,415|66,415|20,713| |Bank charges|677|677|954| |Professional fees|4,157|4,157|| ||71,249|T1,249|21,667| |Total 2021|21,66T|21,667|| ## ## ## ## ## ## ## |Statement offunds - current ye|ar|||| |---|---|---|---|---| |||||Balance at| ||Balance at 1|||31| ||January|||December| ||2022f|Income
8|Expenditure|2022| |Unrestd1cted
funds||||| |General Funds|5,343|100,775|(71,249)|34,869| |Restricted funds||||| |One Acre Fund||4,396,072|(4,396,072)|| |Total offunds|5,343|4,496,847|(4,467,321)|34,869| ## ## ||Statement|of|funds - prior year||||| |---|---|---|---|---|---|---|---| ||||||||Balance et| |||||Balance at|||31| |||||1January|||December| |||||2021f|Income|Expendituref|2021f| ||Unrestricted||funds||||| ||General
Funds|||20,932|6,078|(21,667)|5,343| ||Restricted funds||||||| ||One Acre|Fund|||190,000|(190,000)|| ||Total offunds|||20,932|198,078|(211,687)|5,343| |15.|Summary|offunds|||||| ||Summary|offunds - current year|||||| ||||||||Balance at| |||||Balance at 1|||31| |||||January|||December| |||||2022|Income|Expenditure|2022| |||||E|E|E|E| ||General funds|||5,343|100,775|(71,249)|34,869| ||Restricted|funds|||4,396,072|(4,396,072)|| |||||5,343|4,496,847|(4,467,321)|34,869| ## ## |Summary|offunds - prior year||||| |---|---|---|---|---|---| ||||||Balance at| |||Balance at|||31| |||1January|||December| |||2021f|Income
f|Expenditure
f|2021f| |General funds||20,932|6,078|(21,667)|5,343| |Restricted|funds||190,000|(190,000)|| |||20,932|196,078|(211,667)|5,343| |Analysis of net assets between funds - current year|||| |---|---|---|---| ||Restricted|Unrestricted|Total| ||funds|funds|funds| ||2022
f|2022
f|2022f| |Debtors due after more than one year|3,324,435||3,324,435| |Current assets|975,769|126,496|1,102,265| |Creditors due within one year|(975,769)|(91,627)|(1,067,396)| |Creditors due in more than one year|(3,324,435)||(3,324,435)| |Total||34,869|34,869| |Analysis of net assets between funds - prior year|||| ||Restricted|Unrestricted|Total| ||funds|funds|funds| ||2021
f|2021
f|2021f| |Current assets|190,000|29,479|219,479| |Creditors due within one year|(190,000)|(24,136)|(214,136)| |Total||5,343|5,343| |ONE ACRE UK|LIMITED| |---|---| |(Acompany
limited|by guarantee)| ## ## |||||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||E|E| |Net
income/expenditure||for|the|year|(as||per|Statement|of Financial||| |Activities)||||||||||29,526|(15,589)| |Adjustments
for:|||||||||||| |Decrease/(increase)|in|debtors||||||||(4,325,649)|| |Increase
in creditors||||||||||4,177,695|181,803| |Net cash provided|by/(used||in) operating|||activities||||(118,428)|148,214| ## |||||2022|2021| |---|---|---|---|---|---| |||||E|E| ||Cash in|hand||101,061|219,479| ||Total cash and cash||equivalents|101,051|219,479| |19.|Analysis|ofchanges|In net debt||| |||||||At 1||At 31| |---|---|---|---|---|---|---|---|---| |||||||January||December| |||||||2022|Cashflows|2022| |||||||E|E|E| |Cash|at|bank|and|in|hand|219/79|(118,428)|101,051| |||||||219,479|('I18,428)|101,051| ##