| Contents | Pages | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report ofthe Trustees | |||
| Report ofthe Independent | Examiners | ||
| Statement of Financial |
Activities | ||
| Balance Sheet | 10 | ||
| Cash Flow Statement | |||
| Notes Forming Part of |
the Financial Statements | 12-18 |
| for the | period | i May 2020 | to 30Apri | l 2021 | |
|---|---|---|---|---|---|
| Incoming resources |
Unrestricted | Restricted | Total Funds | Total Funds | |
| Funds 2021 | Funds | 2021 | 2020 | ||
| 2021 | |||||
| Notes | P | ||||
| Voluntary Income |
|||||
| Sponsorships and |
167,650 | 92,269 | 259,919 | 460,558 | |
| donations | |||||
| Gifts in kind | 51,245 | 51,245 | 48,814 | ||
| Internally generated |
|||||
| income | 140,578 | 140,578 | 138,278 | ||
| Investment income |
|||||
| Total incoming resources |
4 | 359,473 | 92,269 | 451,742 | 647,650 |
| Resources expended | |||||
| Cost ofgenerating | 3,868 | 3,868 | 1,343 | ||
| voluntary income |
|||||
| Charitable activity |
374,505 | 68,038 | 442,543 | 545,681 | |
| Governance activity |
1,739 | 1,739 | 2,068 | ||
| Total resources | 380,112 | 68,038 | 448,150 | 549,092 | |
| expended | |||||
| Net incoming resources |
(20,639) | 24,231 | 3,592 | 98,558 | |
| before transfers | |||||
| Transfers between |
43,694 | (43,694) | |||
| funds | |||||
| Total funds brought | 15 | 743,637 | 55,683 | 799,320 | 700,762 |
| forward | |||||
| Total funds carried | 15 | 766,692 | 36,220 | 802,912 | E799,320 |
| forward |
| Cash Flows from Operating Activities |
Cash Flows from Operating Activities |
Note | 2021 | 2020 | |
|---|---|---|---|---|---|
| Net incoming Resources |
451,742 | 647,650 | |||
| Adjustments for: |
|||||
| Depreciation of Fixed assets |
(52,350) | (73,239) | |||
| Gifts in Kind | (51,245) | (48,814) | |||
| Decrease/Increase in Biological Assets |
2,762 | ||||
| Decrease/Increase in Stocks |
11 | 726 | 483 | ||
| Decrease/increase in Debtors |
12 | (7,792) | (8,055) | ||
| Increase/Decrease in Creditors |
falling due in | less than | |||
| one year | 13 | 39539 | 1 364 | ||
| Cash from Operations | 380620 | 522 151 | |||
| Cash Flows From Investing Activities |
|||||
| Proceeds from sale oftangible | fixed assets | ||||
| Loan to Home Leone in Sierra | Leone | (1,603) | |||
| Purchase oftangible fixed assets |
(131,987) | (292,865) | |||
| Purchase of building work in progress |
~262 025 | ~183788 | |||
| Net Cash from Investing Activities |
~394012 | ~478 256 | |||
| Net Cash From Financing Activities |
|||||
| Decrease in Directors Loan |
3,000 | (3,000) | |||
| Decrease/Increase in Loan on |
Social Investment | 7000 | ~6200 | ||
| 10000 | ~9200 | ||||
| Net increase/(decrease) in cash and cash |
|||||
| equivalents | (3,392) | 34,695 | |||
| Cash and cash equivalents at |
the beginning | ofthe | |||
| year | 76 521 | 41 826 | |||
| Cash and cash equivalents at the end ofthe year |
73 129 | 76 521 | |||
| Cash and Cash Equivalents | comprise | ||||
| Cash at Bank and in Hand |
73 129 | 76 521 |
| Freehold Land |
Not depreciated | ||
|---|---|---|---|
| Buildings | Containers -10 | years, buildings | -25 years |
| Enterprise Assets | 3years straight | line | |
| Office Equipment | 3years straight | line | |
| Motor Vehicles | 3years straight | line |
| 8. Tangible F | ixed Asset | s | |||
|---|---|---|---|---|---|
| Land and | Business | Office | Overseas | Total | |
| Buildings | Assets | Equipment | Motor | ||
| Vehicles | |||||
| Cost | P | F | F | ||
| At 30 April 2020 | 611,685 | 98,942 | 15,089 | 63,458 | 789,174 |
| Reclassified | 102,604 | 102,604 | |||
| Additions | 114,985 | 1,090 | 2,079 | 13,833 | 131,987 |
| Disposals | 2,100 | 1,415 | 3,203 | 6,718 | |
| At 30April 2021 | 829,274 | 97,932 | 15,753 | 74,088 | 1,017,047 |
| Depreciation | |||||
| At 30 April 2020 | 43,841 | 71,337 | 14,046 | 41,735 | 170,959 |
| Reclassified | |||||
| Charge for year | 25,332 | 16,236 | 1,033 | 9,749 | 52,350 |
| Disposals | 2,100 | 1,413 | 817 | 4,330 | |
| At 30April 2021 | 69,173 | 85,473 | 13,666 | 50,667 | 218,979 |
| Net book value | |||||
| At 30April 2021 | 760,101 | 12,459 | 2,087 | 23,419 | 798,068 |
| At 30 April 2020 | 567,844 | 27,605 | 1,043 | 21,723 | 618,214 |
| 10.Work in Progress | ||
|---|---|---|
| 2021f | 2020 E |
|
| Site Infrastructure | 7,000 | 13,389 |
| Housing | 2,426 | 17,770 |
| Other Buildings | 12,571 | 28,631 |
| 21,997 | 59,790 |
| 2021 | 2020 | ||
|---|---|---|---|
| Bricks | 2,651 | 4,596 | |
| Water | Factory | 2,256 | 901 |
| Other | 419 | 555 | |
| 5,326 | 6,052 |
| 12.Debtors | ||
|---|---|---|
| 2021 | 2020 | |
| Other debtors | 20,658 | 13,506 |
| Prepayments | 817 | 177 |
| 21,475 | 13,683 |
| 13.Creditors | : amo | unts falling due |
within one year | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Sundry Creditors | 45,425 | 13,705 | ||
| Accruals | 6,908 | 3,289 | ||
| Loan on Chicken | Farm | ' | 27,000 | 25,800 |
| Loan from Directors | 37,750 | 34,750 | ||
| 117,083 | 77,544 |
| Unrestricted | Restricted | Total 2021 | Total 2020 | |
|---|---|---|---|---|
| Funds | Funds | |||
| F | f | |||
| Tangible fixed | 798,068 | 798,068 | 618,214 | |
| assets | ||||
| Net current assets | ||||
| Total net assets | 798,068 | 798,068 | 618,214 |
| Current Year | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Brought | ' | Income | Expenditure | Transfers | Carried | ||||||
| forwapcl | forward | ||||||||||
| Restricted Funds |
F | ' | F | F | |||||||
| Land and Homes | 4,584 | 11,883 | (9,867) | 6,600 | |||||||
| Staff Members | 3,445 | 14,407 | (16,078) | 187 | 1,961 | ||||||
| Motor Vehicles | 850 | (850) | |||||||||
| Housing | 4,713 | (13,687) | 8,974 | ||||||||
| Corporate Teams | 7,322 | 7,416 | (11,755) | — | ' | 2 983 | |||||
| Sierra Leone Help | |||||||||||
| Funds | 1,421 | 7,023 | (7,834) | (185) | 425 | ||||||
| Enterprise Funds |
3,088 | 11,913 | (8,088) | 6,913 | |||||||
| Education Fund |
31,963 | (17,206) | 718 | 15,475 | |||||||
| Healthcare Fund |
1,089 | (1,479) | 390 | ||||||||
| School Buildings | 33,595 | (33,595) | |||||||||
| ,'Village | |||||||||||
| Development | 1,378 | 1,863 | (1,378) | 1,863 | |||||||
| Unrestricted Fund |
|||||||||||
| United Kingdom |
743,637 | 359,473 | (380,112) | 43,694 | ' | 766,692 | |||||
| 799,320 | 451,743 | (448,151) | 802,912 | ||||||||
| Previous Year | |||||||||||
| Brought | Income | Expenditure | Transfers | Carried | |||||||
| forward | forward | ||||||||||
| f | ' | F | |||||||||
| Land and Homes | 2,218 | 52,647 | (13,071) | (37,210) | ' | 4,584 | |||||
| Staff Members | 8,218 | 9,353 | (13,764) | (362) | 3,445 | ||||||
| Motor Vehicles | 2,850 | (2,000) | 850 | ||||||||
| Corporate Teams | 52,866 | (45,544) | 7,322 | ||||||||
| Sierra Leone Help | |||||||||||
| Funds | 1,706 | 4,031 | (4,316) | 1,421 | |||||||
| Enterprise Funds |
2,281 | 4,183 | (4,078) | 702 | 3,088 | ||||||
| Education Fund |
4,200 | 18,567 | (30,678) | 7,911 | |||||||
| Healthcare Fund |
1,681 | 1,237 | (5,309) | 2,391 | |||||||
| School Buildings | 4,593 | ' | 52,921 | (23,919) | 33,595 | ||||||
| Village Development | 703 | 12,665 | (11,990) | 1,378 | |||||||
| United Kingdom |
672,312 | 439,180 | (432,332) | 64,477 | 743,637 | ||||||
| 700,762 | ' | 647,650 | (549,092) | 799,320 |
| Land and | Buildings | in Sierra Leone | Allocated to acquire land |
and buildings fulfilling |
|
|---|---|---|---|---|---|
| Home Leone's vision | |||||
| Staff Members | Income and expenditure | for staff raising their own | |||
| support | |||||
| Motor Vehicles | Funds donated to purchase motor vehicles |
||||
| Housing | The rental income and associate repair and | ||||
| depreciation in the housing stock |
|||||
| Corporate | Teams | Income and expenditure | in taking corporate teams | ||
| overseas | |||||
| Sierra Leone Help Fund | Income set aside to assist with crisis situations | our | |||
| staff come across | |||||
| Enterprise | Fund | Income and expenditure | in respect ofdeveloping | ||
| sustainable jobs and enterprise |
|||||
| Education | Fund | Income and expenditure | for students in whom |
||
| Home Leone is investing | |||||
| Healthcare | Fund | Funds raised to develop | Home Leones healthcare | ||
| initiatives | |||||
| School Buildings | ' Funds raised to build schools | ||||
| Village Development | ' Funds raised for Destiny | Village infrastructure | and | ||
| environmental projects |
|||||
| United Kingdom |
For income and expenditure arising from Home |
||||
| Leone projects from the | UK |