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2021-12-31-accounts

Just Earth Limited

Annual Report and Accounts For the year to 31 December 2021

Contents

Charity Information 2
Report of the Trustees 3 - 8
Report of the Independent Examiner 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12 - 21

1

Just Earth Limited – Annual Report for the Year to 31 December 2021

Charity Information

Charity Name: Just Earth Limited
Working Names: Just Earth
Registered Numbers: Company Number: 9092105
Charity Number: 1158050
Registered Office: 15 Lime Trees Avenue
Llangattock
Crickhowell
Powys NP8 1LB
Website address: www.justearth.org
Trustees: Rev Bruce Collins
Mr David Cross
Mrs Alex Lloyd Davies
Rev Evelyn Lee-Barber
Mr Gerwyn Miles
Mr Peter Tyler
Secretary: Mr Gerwyn Miles
Independent Examiner: Steve Ellum & Associates Ltd
Chartered Accountants
Adulam House
Glan Yr Afon
Llanelli
SA15 3QB
Bankers: CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

2

Just Earth Limited – Annual Report for the Year to 31 December 2021

Report of the Trustees (incorporating the directors’ report) For the Year to 31 December 2021

The trustees present their report and the independently examined financial statements of the charity for the year ended 31 December 2021, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and Activities

The Charity's objects are:

(a) the relief and/or prevention of poverty in such ways as the Trustees may see fit; (b) to advance the Christian faith in such ways as the Trustees may see fit.

Just Earth Limited’s (‘JE’) main focus is to benefit those living and working in Kenya, such as farmers and individuals from rural villages, to improve their farming methods and help set up small businesses, thereby helping alleviate poverty in their communities and provide a sustainable income.

The charity does this, in the main by providing extensive regular training for poor rural farmers over a two-year period by trained agricultural facilitators, co-ordinated through our qualified Agronomist. This weekly training on demonstration plots covers well-established agricultural methods, nutrition, hygiene, finance management, and entrepreneurship, along with key biblical teaching on life principles central to the Kingdom of God. Another core part of the programme involves making loans to these farmers equivalent to the farming inputs required to farm up to one acre of land using the farming model developed by JE.

The charity makes this assistance available through bringing farmers together into groups, forming farmers' field schools (FFS), providing farmers with the knowledge, confidence, finance training and support needed to produce better crops and become stronger disciples of Jesus. This model is designed in a way that is easily transferable to other regions and nations where suitable partners are identified.

Achievements and Performance

The Covid -19 pandemic severely impacted our ability to gather and train our farmers each week on our demonstration plats during 2020 and prevented us recruiting any new farmers for 2021. Hence, a decision was made during 2020 to allow existing farmers to continue into 2021 at the previous year’s levels, to ensure that they completed their training and would be able to graduate. The total number of Farm Field Schools operating in 2021 was therefore 11, representing 252 farmers who continued with the FFS programme, as detailed in table 1 below.

Typical family sizes are 7 which means that there were approximately 1,764 lives directly impacted by the work of JE during the year, in terms of increased food being produced, consumed and sold to increase disposable income. As part of the training programme, JE farmers are encouraged to share what they learn with their neighbours and it is estimated that on average each farmer helps 4 of their neighbours improve their farming practices, which if you assume that each farmer belongs to a family of 7 members, then an additional 7,000 people were indirectly impacted by the FFS programme during the year.

3

Just Earth Limited – Annual Report for the Year to 31 December 2021

Achievements and Performance (continued)

Just Earth Ltd Data on Farm Field Schools (FFS's) Operated During 2021

Just Earth Ltd
Data on Farm Field Schools (FFS's) Operated During 2021		 Just Earth Ltd
Data on Farm Field Schools (FFS's) Operated During 2021		 Just Earth Ltd
Data on Farm Field Schools (FFS's) Operated During 2021		 Just Earth Ltd
Data on Farm Field Schools (FFS's) Operated During 2021		 Just Earth Ltd
Data on Farm Field Schools (FFS's) Operated During 2021
Region
Kapsabet
Kitale
Maseno North
Migori
Mummias		 Number
of FFS's
1
3
2
1
4		 Number of
Members
30
96
31
20
75		 Family Members
Directly Impacted
(*)
210
672
217
140
525
Neighbours Family
Members Indirectly
Impacted ()**
840
2,688
868
560
2,100
Totals 11 252 1,764 7,056
Table 1
() - Assumes average family size is 7
(*)-Assumes 4 neighbours learn from FFS members, with family size of 7

2021 was another challenging year for many of our farmers, as many of the effects of the COVID19 pandemic continued to be felt. Adverse weather conditions are becoming the norm now in Kenya, as the effects of climate change continue to gain momentum and disrupt growing seasons, compounding the already significant challenges associated with poverty.

A detailed impact survey conducted by JE at the end of 2021 and summarised in Figure 1 below, indicates that despite these challenges, food production for farmers in the project was significantly increased above production levels prior to joining the FFS programme. This means that many farmers were able to produce enough food to meet their family’s dietary requirements with surpluses being sold to help raise disposable income. Income from sale of produce across all FFS’s totalled KES6.9 Million, which equates to around £46,500, or £185 per household. Out of this income, on average each JE farmer gave around £15 to the local church to help support the – widows and orphans programmes a very humbling statistic.

The study concluded that JE farmers were producing 4.4 times more maize per acre during their final year in a FFS than before joining JE, which translates into a little over 900Kg of maize on average per household during 2021, compared to just 279Kg pre-FFS. This means that farmers are now able to produce significantly more maize on less acreage, freeing up space on their farms to diversify their produce and improve their family’s nutritional intake. Examples of some of the other produce grown in total across all FFS’s during the year are: Beans – 6.1 tonnes, Sorghum – 1.2 tonnes, Millet – 1.0 Tonnes and Cassava – 1.3 tonnes.

4

Just Earth Limited – Annual Report for the Year to 31 December 2021

Achievements and Performance (continued)

One of JE’s core pillars is to help our farmers manage and mitigate the effects of climate change, which is becoming an ever-increasing problem in Kenya. Planting more trees is a proven way of achieving this, which has been one of JE’s aims for many years. During 2021 JE helped and encouraged our farmers plant almost 20,000 trees, which is becoming the typical number of trees planted annually across our FFS’s, including Fruit, indigenous, exotic and Agroforestry trees, which helps nutritionally, medicinally and from a soil erosion perspective.

Much has been learned during the year, particularly in terms of running training over video conference via Zoom. The previously developed Pastors Essentials programme has been implemented via zoom this year, across most regions, with a number of vicars and Bishops being involved. JE employed a new Pastors Essentials Co-ordinator and trainer – Laban Otiato, who is a vicar based in the Diocese of Maseno North, as he co-ordinates the Spiritual Pillar across all regions.

A central part of the programme is sourcing and supplying quality farm inputs, such as certified seed, fertilizer and farmyard manure, which is supplied to each farmer in the form of an interest free loan. The administration of these loans requires significant managerial resource and is more directly aligned with the spiritual leadership provided by the local churches. Hence, we have developed a process and plan in conjunction with regional church leaders, to transfer the responsibility for the management of these loans to the regional church leadership or SACCO’s. Much progress was made during the year to ready ourselves for this transfer, which is scheduled to take place across all regions in early 2022, in time for the next round of FFS loans.

The commercial farm proved to be challenging again this year, being impacted by difficult and unusual weather conditions, which impacted production, compounded by poor market conditions. We investigated new strategies for turning the farm around and will be reviewing these in the short term to assess the viability of this farm moving forward. The model of developing regional hubs with a commercial centre is important to the push for creating self-sustaining regions, but is proving difficult to work out in practice.

We continue to see lives changed as farmers become more effective at growing their traditional crops, diversifying into new cash crops, and being discipled in the Christian faith.

5

Just Earth Limited – Annual Report for the Year to 31 December 2021

Public Benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future projects. In particular, the trustees consider how planned projects will contribute to the aims and objectives they have set. The paragraphs above provide further information

Structure, Governance and Management

Governing document

Just Earth Limited is a registered charity and company limited by guarantee, governed by its Memorandum and Articles of Association dated 16 February 2011.

Recruitment and appointment of Trustees

The governing body of Just Earth Ltd is the board of trustees who meet from time to time to discuss the affairs of the Charity. The day to day management operations are overseen by Peter Tyler (Director) and financial management is overseen by Gerwyn Miles (Director).

We remain hugely grateful to our Church and individual partners for their generous and very faithful support.

Induction and training of Trustees

The need for new Trustees is reviewed regularly, and when appropriate, names are presented at a trustees’ meeting for consideration. The existing trustees make any new appointments. New trustees are given copies of the Memorandum and Articles of Association, copies of previous accounts and the opportunity to discuss questions with existing trustees. A third of all trustees are required to retire at each Annual General Meeting, although they are allowed to stand for re-election. Upon appointment trustees are informed of their obligations in law as a trustee of a charity, and are encouraged to acquaint themselves with the publications and guidance available from the Charity Commission.

Financial Review

Performance in the Year

Donations totalling £241,718 were received during the year from individuals, churches and by way of grant from charitable trusts. Other income totalled £21,623 resulting in total income of £263,341. Expenditure during the year totalled £212,544 and was focused on farm school activities in Kenya, and on project management and development from here in the UK. As activities expand, development of additional infrastructure and routes to market farmer’s crops need to be established within Kenya. The continuing development of Just Earth in Kenya is extremely important to us, and we are grateful to our supporters for their generosity, which enables our future plans to be expanded.

The result for the year was a surplus of £49,002 (2020: £11,835). The pattern of donation income includes periodic substantial support from a few sources, and this can lead to significant variation in donation income between years. The directors are content with the position of the charity, and continue to widen the supporter base to ensure that activities are undertaken on a sustainable basis.

Reserves policy

It is the policy of the charity to try to hold unrestricted reserves, not designated for a specific use where possible, to enable a greater level of discretion for funding charitable activities. However, where donors give specific instructions for the use of their gift, the charity will hold these donations as restricted funds. We also aim to have at least 6 months’ operating costs in reserve, so that should funding cease, we can make a responsible and managed exit from our projects. With our General Fund at £285,341 (December 2020: £236,339) this allows adequate resources to maintain the work of the charity.

6

Just Earth Limited – Annual Report for the Year to 31 December 2021

Reserves policy (continued)

Since the financial year end, the directors have approved the establishment of a designated reserve in the amount of £42,500. This to set aside reserves to cover the cost of replacing the truck used by staff in Kenya, which is now nearing the end of its economic life.

Future Plans

As Covid restrictions were lifted in 2021, we were able to re-engage our FFS recruitment processes, which had not been possible during 2020. This process resulted in JE recruiting 11 new FFS’s across 6 regions. The plan is to graduate all the remaining schools which operated during 2021 in early 2022, leaving only these 11 new schools running for the remainder of the year. Table 2 below provides an analysis of the numbers of people who will potentially be impacted by our FFS plans for 2022.

In these 11 schools, there will be almost 400 farmers, who will benefit from being trained, financially supported and personally discipled in the Christian faith. The benefits already highlighted from being a part of the JE programme, will potentially impact around 2,772 lives directly and a further 11,000 who benefit from learning from their neighbours, which is very exciting.

Of the 11 schools, 10 follow our normal FFS model, whilst 1 school is specially designed to be run in a new region, close to the Masai Mara, an area which previously focused on livestock farming. The new model is supported by a new partner based in the USA - 1st Baptist Church Houston, who approached us to help design an arable farming model which might work in this environment, bringing a community together around the local church to be technically trained and regularly discipled. We are excited about the prospect of extending JE’s reach into this agriculturally difficult region of Kenya.

We are constantly looking to develop new and lasting relationships with national and regional church leaders, to see the benefits of the work spread further and other like-minded organisations, who through collaboration, can help bring value add to our model. We have been working with Tear Fund to develop a way of integrating their Church and Community Mobilisation Process (CCMP) as a possible pre-cursor to implementing new FFS’s in new regions. This could help tackle the problem of dependency and the need for mindset change. We are also engaging with Compassion International to see how we might work together to develop a model around young adults who are graduating their programmes.

The commercial farm pilot which commenced in 2020 and rolled over into 2021, will be reviewed for it’s viability and the future of this project will be assessed, during the year, in the light of the difficulties encountered. A new commercial project has been approved for launch in 2022 based around the production of Avocados, in partnership with the Diocese of Kitale. They have provided us with 10 acres of land to plant Avocados, which has been project funded by a very generous donor from the UK. The aim of this project is to generate income when the plants mature, to fund future FFS’s in the diocese of Kitale. Our prayers are that this project will move the FFS programme closer to becoming self-sustaining in this region and form the basis of a viable model which is transferable to other regions.

A core principle of Just Earth is working in partnership with local churches to help empower the poor through training and providing interest free loans to purchase quality farm inputs. As part of this partnership development, much work has taken place developing a means of transitioning the management of the loans from Just Earth to local Diocesan SACCO based or similar systems. Our plan is to implement this across all regions in early 2022, in the belief that this will increase the sense of ownership by the local church and also reduce the administrative burden on Just Earth.

As mentioned above, much work took place during 2021 implementing the recently developed Pastors Essentials course via weekly Zoom video conference meetings. The plan for 2022 is to broaden our reach by conducting an in-person training session in Kenya (COVID permitting) in the first half of the year, to be carried on by our incountry co-ordinator.

7

Just Earth Limited – Annual Report for the Year to 31 December 2021

Responsibilities of the Trustees

The trustees (who are also directors of Just Earth Limited for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including income and expenditure. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

On behalf of the board on 14 September 2022.

Peter Tyler Trustee

8

Just Earth Limited – Annual Report for the Year to 31 December 2021

Independent Examiner’s Report To the Members of Just Earth Limited For the Year to 31 December 2021

Independent examiner's report to the trustees on the unaudited financial statements of Just Earth Limited.

I report on the accounts of Just Earth Limited for the year ended 31 December 2021 set out on pages 3 to 21.

Respective responsibilities of trustees and independent examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

........................................................... Steve Ellum Steve Ellum & Associates Ltd Chartered Accountants Adulam House Glan Yr Afon Llanelli SA15 3QB Date: 14 September 2022

9

Just Earth Limited – Annual Report for the Year to 31 December 2021

Statement of Financial Activities (including income and expenditure account) For the Year Ended 31 December 2021

Unrestricted
Restricted
Notes
funds
funds
£
£
Income from:
Donations and legacies
3
187,567
54,151
Charitable activities
4
11,012
-
Activities for raising funds
Trading activities
5
10,593
-
Investments
Bank interest received
18
-

Total Income
209,190
54,151

Expenditure on:
Raising Funds
6
Operating costs of trading activities
30,150
-
Fundraising costs

35
-
Charitable activities
7
131,861
50,498

Total Expenditure
162,046
50,498

Net income
47,144
3,653
Other recognised (losses)/gains
Foreign exchange (losses)/gains
8
(1,064)
(731)

Net Movement in Funds before transfers
46,080
2,922
Transfers between funds
-
-

Net Movement in Funds after transfers
46,080
2,922
Total funds brought forward
236,339
-

Total funds carried forward
14
282,419
2,922		 Total
2021
£
241,718
11,012
10,593
18

263,341

30,150
35
182,359

212,544

50,797
(1,795)

49,002
-

49,002
236,339

285,341		 Total
2020
£
159,840
24,707
8,651
95

193,293

30,166
580
146,661

177,407

15,886
(4,051)

11,835
-

11,835
224,504

236,339

The notes on pages 12 to 21 form part of these financial statements.

10

Just Earth Limited – Annual Report for the Year to 31 December 2021

Balance Sheet at 31 December 2021

Notes
Fixed assets
Tangible assets
10
Total fixed assets
Current assets
Stock
Debtors
11
Cash at bank and in hand
Creditors: Amounts falling due
within one year
12
Net current assets
Total assets less current liabilities
Net assets
Represented by:
Unrestricted funds
13
Restricted funds
14
Total Funds		 2021
£
£
33,703
33,703
235
10,826
242,187
253,248
(1,610)
251,638

285,341

285,341

282,419
2,922

285,341		 2020
£
£
39,235
39,235
2,845
14,387
182,516

199,748
(2,644)

197,104

236,339

236,339

236,339
-

236,339		 2020
£
£
39,235
39,235
2,845
14,387
182,516

199,748
(2,644)

197,104

236,339

236,339

236,339
-

236,339
39,235
197,104

236,339

236,339

236,339
-

236,339

For the 12 months ending 31 December 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These financial statements were approved and authorised for issue by the trustees on 14 September 2022 and signed on their behalf by:

Company Number: 09092105

Peter Tyler Director

11

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

1. Company information

Just Earth Limited is a company limited by guarantee and registered in England and Wales, registration number 9092105, and a registered charity number 1158050. The registered office is 15 Lime Trees Avenue, Llangattock, Crickhowell, Powys NP8 1LB.

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective – January 2019) (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.

Just Earth Limited meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

These accounts include the activities of the Kenyan branch.

These accounts have been prepared on a Going Concern basis which the trustees continue to believe is appropriate.

The financial statements are prepared in sterling (£) and rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2 Income

All income is recognised in the Statement of Financial Activities when the charity has entitlement to the funds, it is probable that the income will be received and the amount can be reliably measured.

Donations, legacies and similar incoming resources are reported gross and the related fundraising costs are reported in fundraising costs.

Grants are recognised as income when they are received provided conditions for receipt have been complied with, unless they relate to a specified future period in which case they are deferred.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable.

12

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

1.3 Expenditure

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

Raising Funds represents expenditure incurred in motivating the individual supporters, trusts and other organisations to contribute to the work of the charity; costs associated with the running of the charity shop and investment management costs.

Charitable activities represents those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those of an indirect nature necessary to support them.

Governance represents those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

All costs including support costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly; others are apportioned on the basis of an estimate of the proportion of time spent by staff on the activity.

Support costs are those costs which do not in themselves constitute an activity; instead they enable output creating activities to be undertaken. This cost category includes the central or regional office functions such as general management, human resources and payroll administration, budgeting and accounting, and information technology.

1.4 Fund accounting

The charity maintains various types of funds as follows:

General unrestricted funds represent income which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds represent income set aside by the trustees out of general unrestricted funds for specific future purposes or projects.

Restricted funds represent income to be used in accordance with specific restrictions imposed by donors or which has been raised by the charity for particular purposes.

1.5 Fixed assets and depreciation

The threshold for capitalisation of assets is set at £100 per item. Depreciation is calculated using either the reducing balance or straight line methods so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Farm buildings - 6.7% straight line Motor cycles and vehicles - 25.0% reducing balance Fixtures fittings and equipment - 6.7% to 50% straight line and reducing balance

1.6 Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of financial activities.

13

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

1.7 Stocks

Stocks are stated at the lower of cost and net realisable value.

1.8 Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at bank and in hand.

1.9 Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Non-monetary assets purchased in foreign currencies are translated into sterling at the rate of exchange ruling on the date of acquiring the assets.

Transaction in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the Statement of Financial Activities.

14

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

2 Net movement in funds

The net movement in funds for the year is stated
after charging:
Depreciation and other amounts written off tangible
fixed assets:
Owned assets
Independent examiners fee
3
Donations and Legacies
Unrestricted
2021
£
Donations from organisations,
churches and individuals
187,567
Other Trusts
-
187,567


4
Income from charitable activities
Unrestricted
2021
£
Fertiliser and product sales
11,012


5
Income from activities for raising funds
Unrestricted
2021
£
Produce sales
10,593		 Restricted
2021
£
54,151
-

54,151


Restricted
2021
£
-


Restricted
2021
£
-		 2021
£
7,877
1,020
Total
2021
£
241,718
-

241,718


Total
2021
£
11,012


Total
2021
£
10,593		 2020
£
4,428
990
Total
2020
£
138,340
21,500
159,840

Total
2020
£
24,707

Total
2020
£
8,651

15

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

6 Costs of raising funds

Unrestricted
2021
£
Other costs
35
Fundraising costs
35
Operating costs of trading activities
30,150
30,185


7
Charitable activities
Unrestricted
2021
£
Farm school activities in Kenya
27,004
Cost of fertiliser and product sales
8,936
Project Management
-
Employee costs
63,994
Meals and entertainment
607
Travel costs
-
Motor vehicle costs
4,722
Administration costs
17,462
Depreciation
4,925
Purchase of Equipment
-
Donation to Kenyan church partner (ACK)
-
Exchange losses/(gains)
4,211
Currency Translation Movements
131,861		 Restricted
2021
£
-

-
-

-


Restricted
2021
£
-
-
-
-
-
-
-
-
-
27,001
23,470
-
27

50,498		 Total
2021
£
35

35
30,150

30,185


Total
2021
£
27,004
8,936
-
63,994
607
-
4,722
17,462
4,925
27,001
23,470
4,211
27

182,359		 Total
2020
£
580

580
30,166

30,746

Total
2020
£
19,318
25,746
7,085
68,714
130
134
3,252
15,486
1,778
-
-
5,018
-
146,661

Administration costs include the Governance costs of £990 (2020: £990) that relate to the Independent Examination of the accounts.

16

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

8 Other gains/(losses)

Unrestricted
2021
£
Foreign Exchange Translation Losses
1,064		 Restricted
2021
£
731		 Total
2021
£
1,795		 Total
2020
£
4,051

The charity operates in two main locations, UK and Kenya. A significant proportion of transactions, assets and liabilities are denominated in the Kenyan Shilling, and this gives rise to exchange gains and losses during the financial year, and to translation gains and losses at the financial year ends.

9 Staff numbers and cost

Employment costs

Employment costs
Staff salaries
Employers pension contributions
Employers medical costs
Casual and volunteer staff
Other staff costs		 2021
£
62,443
3,687
3,691
15,849
662

86,332		 2020
£
67,018
4,039
4,345
7,868
151

83,421

All staff are employed by the Kenyan branch.

Number of employees

The average monthly number of employees during the year, calculated on the basis of average monthly head count, was as follows:

2021 2020
Charitable Activities 6.0 6.0

No staff member was paid more than £60,000 in the financial year. No trustee received any remuneration during the year (2020: £nil). Expenses reimbursed to the trustees amounted to £nil (2020: £134 for travel costs).

The trustees take an active role in the running of the charity and therefore the total employment benefits, including employer pension contributions, of the key management personnel of the charity were £nil (2020: £nil).

17

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

10 Fixed assets - Tangible

Motor
Fixtures
Farm
Cycles &
Fittings &
Buildings
Vehicles
Equipment
£
£
£
Cost
At 1 January 2021
11,334
23,323
26,906
Additions
-
-
2,345
Disposals
-
-
-


At 31 December 2021
11,334
23,323
29,251


Depreciation
At 1 January 2021
717
19,172
2,439
Charge for the year
755
4,151
2,971
Disposals
-
-
-


At 31 December 2021
1,472
23,323
5,410


Net book values
At 31 December 2021
9,862
-
23,841


At 31 December 2020
10,617
4,151
24,467


11
Debtors
2021
£
Farmers loans
1,095
Other loans
-
Prepayments
5,444
Other debtors
4,287

10,826		 Total
Assets
£
61,563
2,345
-

63,908

22,328
7,877
-

30,205

33,703

39,235

2020
£
3,736
1,142
6,678
2,831

14,387

18

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

12 Creditors: Amounts falling due within one year

Trade creditors
Accruals
13
Unrestricted Funds
Balance at 1 January 2021
Net income for the year
Foreign exchange losses
Transfers
Balance at 31 December 2021
14
Restricted Funds
Balance at 1 January 2021
Net income for the year
Foreign exchange losses
Balance at 31 December 2021		 Houston
Baptist
Project
2021
£
-
2,144
-

2,144		 2021
£
-
1,610

1,610

General
Fund
£
236,339
47,144
(1,064)
-

282,419

ACK
Donation
2021
£
-
1,509
(731)

778		 2020
£
134
2,510

2,644

Total
£
236,339
47,144
(1,064)
-

282,419

Total
2020
£
-
3,653
(731)
~~----~~
2,922

During the year, 1[st] Baptist Church, Houston, USA, provided funding dedicated to establishing a FFS in the Masai Mara area of Kenya.

In addition, a UK donor provided funding to support the work of the leaders of the Anglican Church of Kenya.

Both of these amounts are recognised as restricted funding, and related expenditure is accounted for accordingly.

19

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

15 Analysis of net assets between funds

Unrestricted
Funds
£
Tangible assets
-
33,703
Cash at bank and in hand
-
239,265
Other net assets/(liabilities)
-
9,451
-
282,419		 Restricted
funds
£
-
2,922
-

2,922		 Total
Funds
2021
£
33,703
242,187
9,451

285,341		 Total
Funds
2020
£
39,235
182,516
14,588

236,339

16 Taxation

As a charity, Just Earth Limited is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

17 Related parties

The charity is related to the Maseno Trust in that Rev Bruce Collins, Alex Lloyd Davies, David Cross and Gerwyn Miles are directors and trustees of both charities. Just Earth Ltd is a corporate entity, formed to do the work of the Maseno Trust, which is now dormant. There were no related party transactions between the two charities during the year (2020: £nil).

The charity is also related to Just Earth USA, Inc., in that Rev Bruce Collins, Peter Tyler and Gerwyn Miles are directors of both the charity and the corporation. Just Earth USA, Inc, is a not-for-profit corporation formed to assist with raising funding for the charity’s activities, by providing a tax efficient means for US donors to support the work of the charity. The Charity received funding of £21,637 from Just Earth USA, Inc., during the year (2020: £nil).

The total amount of donations received during the year from related parties was £4,125 (2020: £12,857).

18 Controlling parties

In the opinion of the trustees there is no single ultimate controlling party of the charity.

19 Company limited by guarantee

Just Earth Limited is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £10 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

20

Just Earth Limited – Annual Report for the Year to 31 December 2021

Notes to the Accounts for the year ended 31 December 2021

120 Statement of Financial Activities (including income and expenditure account) for the year ended 31 December 2020

Unrestricted
Restricted
funds
funds
£
£
Income from:
Donations and legacies
159,840
-
Charitable activities
24,707
-
Activities for raising funds
Trading activities
8,651
-
Investments
Bank interest received
95
-


Total Income
193,293
-


Expenditure on:
Raising Funds

Operating costs of trading activities
30,166
-
Fundraising costs
580
-
Charitable activities
146,661
-


Total Expenditure
177,407
-


Net income
15,886
-
Other recognised (losses)/gains
Foreign exchange (losses)/gains
(4,051)
-


Net Movement in Funds before transfers
11,835
-
Transfers between funds
30,836
(30,836)


Net Movement in Funds after transfers
42,671
(30,836)
Total funds brought forward
193,668
30,836


Total funds carried forward
236,339
-		 Total
2020
£
159,840
24,707
8,651
95

193,293

30,166
580
146,661

177,407

15,886
(4,051)

11,835
-

11,835
224,504

236,339

21