2020-12-31-accounts

		Page
Directors' and Trustees'	Report	2-4
Report ofthe Independent	Examiner
Statement ofFinancial Actlvltles
Balance Sheet
Notes tothe Accounts		8-44

							Unrestricted	Restricted	Restricted	Total	Total
						Notes	Funds		Funds	2020	2019
							6		6		6
Income
Grants and	donatlcns						5,507			6,507
Income from charitable			activities				136,383		26,132	162,515	253,212
Total Income							141890		20 132	188022	253212
Expenditure
Expenditure	on charitable			activities		4	144,108		61,421	205,529	313,787
Total expenditure							144 108	'	61421	205529	313787
Net incomei( expenditure)					and net
movement	In funds	forthe			year		(2,218)		(35,289)	(37,507)	(60,575)
Reconciliaffon offunds
Total funds,	brought	forward							38,169	42,942	103,517
Total funds,	canled	forward					2 656		2800	6435	42 942

DONATIONS
						Unrestricted		Total		Total
							Funds	2020		2019
							8	8		F
HMRC Job Retention Scheme		grant					6,507	5,507
							5507	5,507
INCOME FROM CHARITABLE		ACTIVITIES
						Unrestricted	Restricted	Total		Total
						Funds	Funds	2020		2019
						8	6	8		8
Business Standards
Contract Income:
ASUD- Turkey						13,092		13,092
European Bank for Reconstruction			and	Development
(Kyrgyz Republic)
European Bank for Reconstruction			snd	Development
(Ta)ikistan)									28,748
GovRlsk						1,400		1,400
Office for Business Sustainable		Development								1,850
Pirelll UK Tyres Limited
United Nations Development	Programme			(Vietnam)		5,870		5,670		8,080
United Nations Development	Programme			(ASEAN)					20,199
United Nations Development	Programme			(Thailand)		118,221		116,221	24,212
Youth Business Initiative						38,383		15F583	127,543
Grants and donations:
Accenture PLS The Prince ofWales Youth	Business International				Ltd		20,260 5,872	20,260 5,872	17,945 105,522
Contract income:
The Prince ofWales Youth	Business International				Ltd					2,202
							2B,132	~20, 32	C	KRP'
						136,31~	26132	162515	253,212

ANALYSIS	OF EXPEND	ITU	RE
								Youth
						Business	Business
						Standards	Initiative		2020		2019
						8		8	8		8
Project staff costs						23,756		4,818	28,372		19,578
Other direct	costs					107,185		58,805	163,990		272,827
Support costs (Note 5)						6,880		3,227	10,107		18,522
Governance	costs (Note 5)					2,083		977	3,060		3,060
						139901	35625		205529		313737
Of the 5205,529 expenditure			in 2020 (2019 - F313,787), f144,108was charged						to unrestricted	funds	(2019-
F125,808) and 881,421 to restricted				funds (2019 - 8187,979).
ANALYSIS	OF SUPPORT AND GOVENANCE COSTS
The charity	initially identifies		the costs of its support		funcbons. It then identifies those costs which					relate to the
governance	function. Governance costs end other				support costs are apportioned				separately between		charity's
key activity	undertaken	(see	note	4) in the year.	All the general		support	and governance costs have been
apportioned	to the various charitable			activities on the basis ofdirect			costs allocated		to each ectivity.
					General		Governance
					support		function.		2020		2019
						8		8
Management	staff					429			429		12,182
Communication and ITcosts						680					2,453
Insurance						885			885		336
Legal end professional						6,920			8,920		4,829
Miscellaneous expenses		(inc.excange gains)				1,213			1,213		(1,258)
Independent	examination								3,060		3,060
					10,107			3060	13187		21,582

Balance —UK	23,756	12,000
Pension- UK	.429	161
Salaries —Russia	4,818	19,578
	28501	31.139

STA	FF NUMBERS
The	average monthly	number offull time staff employed	by the charity during the year was as follows:
			2020	2019
	Charitable	work	1.5	2.0
	Finance and administration			0.5

9.	DEBTORS: Amounts f	alling due within one year
			2020	2019
				8
	Trade debtors		18,587	52,739
	Other debtors		179
	Prepaym ants		1,356	444
			20,112	53183
10.	CREDITORS: amounts	falling due within one year
				2019
	Trade creditors		1,492	2,232
	Taxation and sodal security			302
	Other creditors		1,827	28,348
	Accruals		37,621	24,417
			50910	55289

ANALYSIS OF CHA	RITAB	LE FUNDS
					Balance at			Bahrnce at
					01,01.2020	Income	Expenditure	31.12.2020
					8	8	8	8
Restricted Funds:
Accenture PLS						20,260	20,280
The Prince ofWales	Youth	Business International		Ltd	36,169	5,872	41,181	2,880
					38,169		61,421	2,880
Unrestricted Funds:
General Funds					4,773	141,890	144,108	2,555
Total funds					2842	168622	265 1826	5435
Analysis ofcharitable funds - previous			year
					Balance at			Balance at
					01.01.2019	Income	Expenditure	31.12.2018
					8	8	8	8
Rsstriotsd Funds:
Accenture PLS						17,945	17,945
British Embassy Vietnam					1,215		1,215
Department for intemaUonsl		Development			476		475
The Prince ofWales	Youth	Businsas International		Ltd	100,622	105,522	167,976	38,169
Individual donations	-core				369		369
					lll2,681	123,467	187,979	38,189
Unrestricted Funds:
General Funds					836	129,745	125,808	4,773
Total funds					163517	253212	313787	42842

ANALYSIS OF FUND BALANCES BET	WEEN NET ASSETS
	Unrestricted	Restricted
	Funds	Funda	Total
	8	8	8
Net current assets	2,555	2,880	5,435
	2665	2 356	5435
Analysis offund balances between net assets —previous year
	Uruestrlcted	Restricted
	Funds	Funds	Total
	8		8
Net current assets	4,773	38,189	42,942
	4773	3B169	42942