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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
||||Notes|||2021|2020|
|||||||$|$|
|INCOME FROM||||||||
|Donations||||844,335||844,335|607,756|
|TOTAL||||844,335||844,335|607,756|
|EXPENDITURE|ON|||||||
|Direct Charitable|Activities|||864,695||864,695|724,081|
|TOTAL||||864,695||864,695|724,081|
|NET INCOME/(EXPENDITURE)||||(20,360)||(20,360)|(116,325)|
|TRANSFERS BETWEEN FUNDS||||||||
|NET MOVEMENTS||IN FUNDS||(20,360)||(20,360)|(116,325)|
|TOTAL FUNDS|BROUGHT FORWARD|||6,383,713||6,383,713|6,500,038|
|TOTAL FUNDS|CARRIED FORWARD||9|6,363,353||6,363,353|6,383,713|
##
|||||||2021|2020||
|---|---|---|---|---|---|---|---|---|
|Statement
ofCash Flows|||||||||
|Net cash used in operating|activities|||||96,054||42,023|
|Cash flows from investing|activities:||||||||
|Purchase of property,
plant|and equipment||||||(21,811)||
|Net cash (used in)/provided|by investing|||activities||||(21,811)|
|Change
in cash and cash|equivalents||in the||||||
|reporting
period||||||96,054||20,212|
|Cash and cash equivalents|at the|beginning|||ofthe||||
|reporting
period||||||63,388||43,176|
|Cash and cash equivalents|at the|end|of|the|||||
|reporting
period||||||159,442||63,388|
|Reconciliation
ofnet Income( ex
~II
SI IS||nditum|||to net cash flow from||||
|Net income for the reporting|period|||||(20,360)||(116,325)|
|~Ad 8
I 8|||||||||
|Depreciation
charges||||||141,744||141,514|
|Donated car||||||(10,750)|||
|Increase
in debtors
(Decrease) I increase
in creditors||||||(2,794)
~81,386||(4,405)
21,239|
|Net cash used in operating|activities|||||96,054||42,023|
|n
I
isofcash and cash|e uiv|I nts|||||||
|Cash
in hand||||||159,442||63,388|
|Total cash and cash equivalents||||||159,442||63,388|
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|DIRECT CHARITABLE EXPENDIT
RE|||||
|---|---|---|---|---|
||||2021|2020|
||||$|$|
|Computer
running
costs|||4,833|4,611|
|Pdinting,
postage
and stationery|||21,851|985|
|Hosting and property
expenses|||379,084|165,301|
|Staff costs|||295,591|396,887|
|Legal and professional|||9,045|2,499|
|Audit fees|||12,747|12,284|
|Depreciation|||141,744|141,514|
|TANGIBLE FIXEDASSETS|||||
||~pee old||Motor||
||~Pr||Vehicles|Total|
|||$|$|$|
|Cost|||||
|At 1stJanuary 2021|6,583,945||52,977|6,636,922|
|Additions|||10,750|10,750|
|At 31st December 2021|6,583,945||63,727|6,647,672|
|Depreciation|||||
|At 1stJanuary 2021||241,410|23,472|264,882|
|Provided for year||131,679|10,065|141,744|
|At 31stDecember 2021||373,089|33537|406 626|
|Net Book Value|||||
|At 31stDecember 2021|6,210,856||30,190|6,241,046|
|At 31st December 2020|||29,505|6,372,040|
##
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|6.|DEBTORS|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2021|2020|
|||||||||||||$|$|
||Prepayments|||||||||||||
|7.|FINANCIAL
INSTRUNIENTS|||||||||||||
||The financial
statements||include the following|||||in respect ofitems held at fair value|||at 31 December:|||
|||||||||||||2021|2020|
|||||||||||||$|$|
||Financial assets measured|||at|amortised|cost||||||||
||Financial
liabilities measured||||at amortised||cost|||||35,087|44,657|
|8.|CREDITOR
FALLI||DUE||WITHIN ONE||YEAR|||||||
|||||||||||||2021|2020|
|||||||||||||$|8|
||Trade creditors|||||||||||8,325|15,713|
||Tax and social securities|||||||||||10,692|12,908|
||Accruals|||||||||||16,104|16,180|
||Other creditors|||||||||||10,658|12,764|
||||||||||||||57,565|
|9.|YSISOF NETASSETS||||BETWEEN||UNDS|||||||
|||||||||||General||Fixed Asset|Total|
|||||||||||Funds||Funds|Funds|
|||||||||||2021||2021|2021|
||||||||||||$|$|$|
||Non-current
assets||||||||||30,190|6,210,856|6.241,048|
||Current assets
Current
liabilities|||||||||168,086
~45.|||166,086|
||Net assets||||||||||||6.35 . 53|
|||||||||||General||Fixed Asset|Total|
|||||||||||Funds||Funds|Funds|
|||||||||||2020||2020|2020|
||||||||||||$|$|$|
||Non-current
assets
Current assets
Current
liabilities|||||||||29,505
69,238
~6||6,342,535|6,372,040
69,238|
||Net assets||||||||||41,178|6,342,535|6,383,713|
|10.|MOVEMENT
IN FUNDS||||||At 1st
~Janua||~nl|~Out|oln|Transfer
Between|At 31st
December|
|||||||||2021|Resources|Resources||Reserves|2021|
||Unrestricted
Funds|||||||$|||||$|
||Fixed Asset Fund||||||6,342.535|||(I31,679)|||6,210,855|
||General
Funds
Total Unrestdicted|Funds||||||41,176
3|844,335
5,|~6|||152,497
6,363,353|
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|||||At 1st|At 1st|Unaudited|Unaudited|Unaudited|Unaudited|Transfer|At 31st|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Januara(||IncomlrE||~OI||Between|December|
||||||2020
Resources|||Resources||Reserves|2020|
||||||$|||||9|$|
|Unrestricted
Funds||||||||||||
|Fixed Asset Fund||||6,474,213||||(131,678)|||6,342,535|
|General Funds|||||25,825|607,756||(592,403)|||41,178|
|Total Unrestricted|Funds|||6,500,038||607,756||(724,081)||-|6,383,713|
|||||||||||2021|2020|
|||||||||||9|$|
|The average
monthly|number of||employees|||||||||
|during the year was|7(2020:7)|||||||||||
|Staff costs amounted|to:—|||||||||||
|Wages and salaries||||||||||274,447|371,766|
|Social security costs||||||||||17,429|19,984|
|Pension costs||||||||||3,716|5,137|
|||||||||||295,591|396,887|
|Nil (2020:1)employees||were paid between 660,000 and f70,000||||during|the year.|||||
|No directors or trustees||received|any|reimbursements|for any expenses||incurred|during|the year.|||
|Employees
ofthe charity||are provided||with rent free|accomodaticn.|||||||
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