OpenCharities

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2021-12-31-accounts

2021 2020
Notes R
~8;$26 24805
Cost ofGlobal Handicrafts sales
Administrative expenses 12 (29,302) (20,721)
Other operating expenses (198) (1,237)
Surplus/(deficit) foryear 4,8 (2,880) 2,047

2020 2019
Notes E E E
Current assets
Debtors
Cash at bank and
in hand 2,759
17,116
2,750
17,843
Total current assets 19,875 20,233
Creditors: amounts failing due within
one year (2,622) (100)
Met current assets 17,253 20,133
Total assets less current liabilities 17,253 20,133
Accumulated
funds
Total accumulated funds b/f 20,133 18,086
Surplus/(Deficit)
foryear
(2,880) 2,047
Total Funds cif 17,253 20,133

2.Debtors 2021 2020
Amounts
owed by
group undertakings and undertakings
in which the company has a participating interest 1,213
Other debtors 2,759 1,537
Total Debtors 2,765 2,750
3.Creditors: amounts
falling due within one
year 2021 2020
Amounts
owed to
group undertakings and undertakings
in which the company has a participating interest 1,714
Accrued employee benefits 812
Other creditors 100 'f00
Total Creditors 2,626 100

nor pa id either a salary or other emolumen t
by the
Company.
2021
Total employee benefits paid or provided for
during the period 12,855
8.Accumulated 8.Accumulated Funds
2021 2020
Accumulated
funds as at 1 January
20,133 18,086
Surplus/(deficit)
for year
(2,880) 2,047
Accumulated
funds
at31December 17,253 20,133
ofwhich the following funds are:
Restricted funds
Designated fixed asset funds
Unrestricted
funds
17,253 20,133
Total accumulated funds 17,253 20,133
9.independent Examiner Fees
The independent examiner
received the fees below for
the examination.
He received no other
payment or provided
any other
services.
2021 2020
Audit &independent examiner fees 100 100

10.Breakdown ofAnnuai
Turnover
Notes 2021 2020
Related Party Grant &Expenses 10,000 10,000
on behalf of entity
Donations 13,688 12,255
GiffAid UK Scheme 2,759 1,537
Trading
&Services Revenues
173 213
Total Turnover for the year to 31December 26,620 24,006

CFL provides
regula
r g rant payments
to support
ongoing
CGV(UK) activity
2021 2020
F
Related party donations and grants 10,000 10,000
CGV(UK) from time to time provides funds to CFL for defined projects.
2021 2020
F
Support Grant fora defined projects undertaken by CFL 11,204 11,204
12.Breakdown ofAdministrative Expenses
Notes 2021 2020
F
Charity management services 1,950 6,851
Inter-company
grant
11,963 11,204
Governance
& Independent
Assessor
100 100
Employee
Salary &
relate benefits 12,855
Travel expenses 6 25
Office expenses 2,428 2,541
Administrative
expenses forthe year
29,302 20,721