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2022-04-30-accounts

Pages
Legal and Administrative Information
Report ofthe TrUstees
Report ofthe Independent Examiners
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes Forming Part ofthe Financial Statements 12-18

for the for the period 1 May 2021 to 30Apri l 2022
incoming
resources
Unrestricted Restricted Total Funds Total Funds
Funds 2022 Funds 2022 2021
2022
Notes
Voluntary
income
Sponsorships
and
146,010 127,040 273,050 259,919
donations
Gifts in kind 40,530 40,530 51,245
Internally
generated
income 598,508 598,508 140,578
Investment
income
16 16
Total incoming
resources
4 785,084 127,040 912,104
Resources expended
Cost ofgenerating 4,891 3,868
voluntary
income
Charitable
activity
733,122 122,283 855,405 442,543
Governance
activity
4,035 4,035 l,?39
Total resources 742„048 122„283 864,331 448,150
expended
Net incoming resources 43„016 47,773 3,592
before transfers
Transfers between funds 7 (?,732) 7,732
Total funds brought 15 766,692 36,220 802,912 799,320
forward
Total funds carried 15 80'l,976 48,709 850,685 802,9'l2
forward

Cash Flows from Operating
Activities
2021
As re-stated
Net Incoming/(Outgoing}
Resources
47,773 3,592
Adjustments
for.
Depreciation
ofFixed assets
70,335 52,350
(Gains)/losses
on Disposal ofFixed Assets
2,387
Decrease/(Increase)
in Debtors
Decreasef(Increase)
in Stocks
Decreasef(Increase
in WIP and other current
assets 11
10
(94,924)
(3,308)
{44,880)
{7,792)
?26
140,397
lncreasef(Decrease)
in Creditors falling due
in less 92,425 36,539
than one year
Increase/(Decrease)
in Creditors
falling due
in more 13 142,525
than one year
Net Cash from Operating
activities
299946 228 199
Cash Flows from investing
Activities
Purchase oftangible fixed assets (216,625) (234,591)
Net Cash from Investing
Activities
~216825 ~234 591
Cash Flows from Financing Activities
Increase/ Decrease in Directors Loan 5,000 3,000
Decrease/Increase
in Loan on Social Investment
Net Cash from Financing Activities
Net increasel (decrease) in cash and cash
equivalents
Cash and cash equivalents
at the beginning
ofthe (1,678) (3,392)
year 76521
Cash and cash equivalents
atthe end ofthe year
73 129
Cash and Cash Equivalents
comprise
Cash at Bank and in Hand

ded
atthe following
rates, in

order to write offeach asse


t over its estimated
useful
Freehold
Land
Not depreciated
Buildings Containers -10 years, buildings - 25years
Enterprise Assets 3years straight line
Office Equipment 3years straight line
Motor Vehicles 3years straight line

2022 2021
Independent Examiners' remuneration 5,279 3,300
Depreciation - owned assets 70,335 52,350
Directors' emoluments and other benefits 6,25Q 6,000

Direct Support costs Total Total
costs 2022 2022 2021
2022 (Seenote 6)
F
Help and Development 855,405 8„926 864,331 448,150

llanagement Finance Governance costs: Total Total
2022 2022 2022 2022 2021
Help and 8,926 i 5,607
Development

Land and Business Office Overseas Total
Buildings Assets Equipment Motor
Vehicles
Cost
At 1 May 2021 829,274 97,932 15,753 74,088 1,017,047
Additions 178„162 27,193 4,870 6,400 216,625
Disposals
At30April 2022
1,007,436 13,4Q2
111,723
41
20,206
(37,309
43,178
51,128
'l,182,646
Depreciation
At 1 May 2021 69,173 85,473 13,666 50,667 218,979
Charge for year 35,361 18,887 1,55? '14,531 70,335
Dispose is 13,402 417 37,3Q9 51,"f28
At 30April 2022 104,634 90,968 14,805 27„S89 238,187
Net book value
At 30April 2022 902,902 20,764 5,402 'l5,290 944,367
At 30April 2021 760,101 12,459 2,087 23,419 798,068

Other debtors 115,600 20,658
Prepayments

12.Creditors: amounts
falling due
within one year
2022
Sundry Creditors
Accruals
68,774
6,438:
,
45,425
6,908
Deferred Revenue 69,546
Loan on Chicken Farm 27,000 27,000
Loan from Directors 42,750 37,750
214508 117,083

13 .Creditors: amounts
falling d
ue in more than one year
2022
Land held for third 49,26'I
parly
Solar Power Lease 93,264
142525

Unrestricted Restricted Total 2022 Total 2021
Funds Funds
Tangible fixed 944,357 944,357 798,068
assets
Net current assets
Total net assets 944357 ?98,068

Current Year
Brought Income ' Expenditure Transfers . Carried
Restricted Funds forward fon(veld
Land and Homes
Staff Members
8,600
1,961
29,250
22,34?
. (2~1,345
{22~831
14,505
'I,477
Corporate Teams
Sierra Icone Help
: Funds
2,983
425,
17,287
6,701
15,298
(7,126)
Enterprise
Funds
6,913 4,036 (13~448 2,499
Education
Fund
15,475 11,366 {26~353 7,875
Healthcare
Fund
School Buildings
3,998
25,000
1,708)
(
(7,303)
2,290
17,697
Village
Development
Unrestricted
Fund
2,083
United Kingdom, 766,692 785,064 (?42,048) (7,732):. 80'I,976
802,912 912,104, (884,331) 850,685
Previous Year
Restricted Funds forward
8:
8 8 fonvard
Motor Vehicles
StafFMembers:
Housing
Corporate Teams
Sierra Leone Help
Funds
Enterprise
Funds
Education
Fund
4,584
850
3,445,
7,322
1,421
3,088
11,883
',
-
'
14,407,:((6,~078
4,713
(~13,687
7,416
(11,?55)::
?,023;
{7~834
11,913
31,963:
(17,~206
(9,86
{850)
7)
187,
8,974
-
'
(8,088}
6,600
l,961
2,983
6,913
Healthcare
Fund
School Buildings
Village
Development
Unrestricted
Fund
33,595 1,863 33,595)
{1~378;:1,863
United Kingdom 743,637 359,473, (380,112) 43,694 766,692
?99,320 451,743 (448,151j
Land and Buildings in Sierra Leone i Allocated to acquire land
' Home Leone's vision
and buildings
fulfilling
Staff Members . income and expenditure
I su
oft
~P
for staff raising their own
Motor Vehicles Funds donated to purchase
motor vehicles
Housing The rental income and associate repair and
I depreciation
in the ho
stock
using
Corporate Teams '. Income and expenditure in taking corporate teams
: overseas
Sierra Leone Help Fund i income set aside to assist with crisis situations our
! staff come across
Enterprise Fund ; income and expenditure in respect ofdeveloping
, sustainabie
obs and ante
rise
Education Fund ' income and expenditure for students
in whom
: Horne Leone is investing
Healthcare Fund Funds raised to develop Home
l cones healthcare
, initiatives
School Buildings Funds raised to build schools
Village Development Funds raised for Destiny Village infrastructure and
environmental
pro'ects
United
Kingdom
For income and expenditure
arising from Home
I Leone projects from the UK