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|---|---|---|---|---|
|Report ofthe Trustees||1|to|5|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet||8|to|9|
|Cash Flow Statement|||10||
|Notes tothe Cash Flow|Statement||||
|Notes tothe Financial Statements||12|to|22|
|Detailed Statement ofFinancial Activities||23|to|24|
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|||Statement ofFinancial Activities|Statement ofFinancial Activities||||
|---|---|---|---|---|---|---|
|||forthe Year Ended 31December 2022|||||
||||||31.12.22|31.12.21|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes||f|f|E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||2|89,415|208,135|297,550|450,158|
|Other trading activities|||44,893||44,893|19,308|
|Investment
income|||267||267|6|
|Total|||134,575|208,135|342,710|469,472|
|EXPENDITURE ON|||||||
|Raising funds|||13,754||13,754|22,129|
|Charitable
activities|||||||
|UKActivities|||133,636||133,636|146,312|
|Philippine
Activities|||47,480|164,062|211,542|296,180|
|Other||||1,326|1,326||
|Total|||194,870|165,388|360,258|464,621|
|NET INCOME/(EXPENDITURE)|||(60,295)|42,747|(17,548)|4,851|
|Translers between funds||17|35,243|(35,243)|||
|Net movement
in funds|||(25,052)|7,504|(17,548)|4,851|
|RECONCIUATION
OF FUNDS|||||||
|Total funds brought forward|||131,116|20,535|151,651|146,800|
|TOTAL FUNDS CARRIED FORWARD|||106,064|28,039|134,103|151,651|
##
||31De|cember 2022||||
|---|---|---|---|---|---|
|||||31.12.22|31.12.21|
|||Unrestdicted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|f|E|6|f|
|FIXEDASSETS||||||
|Tangible assets|13|1,256||1,256|1,674|
|CURRENTASSETS||||||
|Stocks|14|19,744||19,744|15,669|
|Debtors|15|1,986||1,986|4,014|
|Cash at bank||89,670|28,038|117,708|141,010|
|||111,400|28,038|139,438|160,693|
|CREDITORS||||||
|Amounts
falling due within one year|16|(6,591)||(6,591)|(10,716)|
|NET CURRENT ASSETS||104,809|28,038|132,847|149,977|
|TOTAL ASSETS LESSCURRENT LIABIUTIES||106,065|28,038|134,103|151,651|
|||106,065|28,038|134,103|151,651|
|FUNDS|17|||||
|Unrestdicted
funds||||106,065|131,116|
|Restdicted funds||||28,038|20,535|
|TOTAL FUNDS||||134,103|151,651|
##
##
##
||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|
||||||forthe Year Ended 31December|2022||
|||||||31.12.22|31.12.21|
||||||Notes|f|E|
|Cash flows from|operating|activities||||||
|Cash generated|from operations|||||(23,569)|13,342|
|Net cash (used in)/provided||by|operating||activities|(23,569)|13'342|
|Cash flows from|investing|activities||||||
|Interest received||||||267||
|Net cash provided
by investing|||activities|||267||
|Change in cash and cash equivalents||||inthe||||
|reporting
period||||||(23,302)|13,348|
|Cash and cash equivalents||atthe beginning||||||
|ofthe reporting|period|||||141,010|127,662|
|Cash and cash equivalents||atthe end||ofthe||||
|reporting
pediod||||||117,708|141,010|
##
##
|RECONCIUATION|OF NET (EXPENDITURE)/INCOME|OF NET (EXPENDITURE)/INCOME|OF NET (EXPENDITURE)/INCOME|TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES||
|---|---|---|---|---|---|---|---|
||||||31.12.22||31.12.21|
||||||6||6|
|Net (expenditure)|fincome forthe reporting||period|(as per the Statement||||
|ofFinancial Activities)|||||(17,548)||4,851|
|Adjustments
for:||||||||
|Depreciation
charges|||||419||558|
|Interest received|||||(267)||(6)|
|(Increase)/decrease|in stocks||||(4,075)||4,987|
|Decrease/(increase)|in debtors||||2,027||(863)|
|(Decrease)/increase|in creditors||||(4,125)||3,815|
|Net cash (used in)/provided||by operations|||(23,569)||13,342|
|ANALYSIS OF CHANGES IN NET FUNDS||||||||
|||||At 1.1.22|Cash flow|At|31.12.22|
|||||f|E||E|
|Net cash||||||||
|Cash at bank||||141,010|(23,302)||117,708|
|||||141,010|(23,302)||117,708|
|Total||||141,010|(23,302)||117,708|
##
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|||||forthe Year Ended 31December 2|forthe Year Ended 31December 2|forthe Year Ended 31December 2|022||
|---|---|---|---|---|---|---|---|---|
|2.|DONATIONS|||AND LEGACIES|||||
||||||||31.12.22|31.12.21|
||||||||E||
||Donations||||||195,575|259,517|
||Gift aid||||||22,762|18,627|
||Grants||||||79,213|172,014|
||||||||297,550|450,158|
||Grants received, included|||||in the above, are as follows:|||
||||||||31.12.22|31.12.21|
||||||||f|f|
||Furlough|grant||||||42,508|
||Trust and|Foundation|||grants||11,000|42,945|
||Corporate|grants|||||68,213|86,561|
||||||||79,213|172,014|
|3.|OTHER TRADING ACTIVITIES||||||||
||||||||31.12.22|31.12.21|
||||||||E|f|
||Fundraising||events||||5,646||
||Product sales||||||39,247|19,308|
||||||||44,893|19,308|
|4.|INVESTMENT|||INCOME|||||
||||||||31.12.22|31.12.21|
||||||||E|f|
||Deposit account interest||||||267|6|
##
##
##
|Raising donations|and legacies|||
|---|---|---|---|
|||31.12.22|31.12.21|
|||E|E|
|Fundraiser||11,884|16,499|
|Event costs||2,595|643|
|Raffle prizes||3,350||
|||17,829|17,142|
|Other trading activities||||
|||31.12.22|31.12.21|
|||E|f|
|Opening stock||15,669|20,656|
|Closing stock||(19,744)|(15,669)|
|||(4,075)|4,987|
|Aggregate
amounts||13,754|22,129|
##
##
||||Grant|||
|---|---|---|---|---|---|
||||funding of|||
||||activities|Support||
|||Direct|(see note|costs (see||
|||Costs
E|7)f|note 8)
f|Totals
f|
|UKActivities||122,226||11,410|133,636|
|Philippine|Activities||211,542||211,542|
|Other|||1,326||1,326|
|||122,226|212,868|11,410|346,504|
##
|GRANTS|PAYABLE||||||
|---|---|---|---|---|---|---|
||||||31.12.22|31.12.21|
||||||6|f|
|Philippine|Activities||||211,542|296,180|
|Other|||||1,326||
||||||212,868|296,180|
|The total|grants paid to|institutions|dudng the year was as follows:||||
||||||31.12.22|31.12.21|
||||||f|6|
|Upsidlls|||||211,542|296,465|
|Other|||||1,326||
||||||212,868|296,465|
|SUPPORTCOSTS|||||||
||||||Governance||
|||||Other|costs|Totals|
|||||6|6|E|
|UKActivities||||6,811|4,599|11,410|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||isstated|after charging/(crediting):||||
||||||31.12.22|31.12.21|
||||||6|E|
|Depreciation - owned assets|||||418|558|
##
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|STAFF COSTS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||31.12.22|31.12.21|
||||||||f|E|
|Wages and salaries|||||||86,722|104,752|
|Social security|costs||||||3,453|5,515|
|Other pension|costs||||||1,105|1,255|
||||||||91,280|111,522|
|The average monthly||number|ofemployees||during the year was as|follows:|||
||||||||31.12.22|31.12.21|
|UK office staff|||||||3|4|
|No employees|received emoluments|||in excess of660,000.|||||
|COMPARATIVES FORTHE STATEMENT OF|||||FINANCIAL ACTIVITIES||||
|||||||Unrestricted|Restricted|Total|
|||||||fund
E|funds
E|fundsf|
|INCOME AND|ENDOWMENTS||FROM||||||
|Donations
and|legacies|||||166,762|283,396|450,158|
|Other trading|activities|||||19,308||19,308|
|Investment
income||||||6||6|
|Total||||||186,076|283,396|469,472|
|EXPENDITURE|ON||||||||
|Raising funds||||||22,129||22,129|
|Charitable
activities|||||||||
|UKActivities||||||146,312||146,312|
|Philippine
Activities||||||58,508|237,672|296,180|
|Total||||||226,949|237,672|464,621|
|NET INCOME/(EXPENDITURE)||||||(40,873)|45,724|4,851|
|Transfers between funds||||||42,460|(42,460)||
|Net movement|in funds|||||1,587|3,264|4,851|
|RECONCILIATTON
OF FUNDS|||||||||
|Total funds brought forward||||||129,529|17,271|146,800|
|TOTAL FUNDS|CARRIED FORWARD|||||131,116|20,535|151,651|
##
|||Notes tothe Financial Statements - continued|||
|---|---|---|---|---|
|||forthe Year Ended 31December 20ZZ|||
|13.|TANGIBLE FIXEDASSETS||||
|||||Computer|
|||||equipment
f|
||COST||||
||At 1January 2022 and|31December 2022||6,224|
||DEPRECIATION||||
||At 1January 2022|||4,550|
||Charge for year|||418|
||At31December 2022|||4,968|
||NET BOOK VALUE||||
||At31December 2022|||1,256|
||At31December 2021|||1,674|
|14.|STOCKS||||
||||31.12.22|31.12.21|
||||6|f|
||Stocks||19,744|15,669|
|15.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||31.12.22|31.12.21|
||||E|E|
||Other debtors||1,539|3,451|
||Prepayments||447|563|
||||1,986|4,014|
##
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##
##
|CREDITORS:AMOUNTS FALUNG DUE WIT|HIN ONE YEAR||||
|---|---|---|---|---|
||||31.12.22|31.12.21|
|||||F|
|Trade creditors|||729|2,710|
|Social securitY and other taxes|||2,006|2,039|
|Pension||||313|
|Other creditors|||1,456|3,254|
|Accrued expenses|||2,400|2,400|
||||6,591|10,716|
|MOVEMENT IN FUNDS|||||
|||Net|Transfers||
|||movement|between|At|
||At1.1.22|in funds|funds|31.12.22|
|||f|E|f|
|Unrestricted
funds|||||
|Generalfund|131,116|(60,294)|35,243|106,065|
|Restricted funds|||||
|Upskills Education|19,625|42,713|(37,991)|24,347|
|Upskills Health||1,740|(1,740)||
|Upskills Welfare|838|5,798|(5,576)|1,060|
|Upskills Xmas|72|4,265|(1,706)|2,631|
|Upskills Livelihood||(12,471)|12,471||
|Ukraine||701|(701)||
||20,535|42,746|(35,243)|28,038|
|TOTAL FUNDS|151,651|(17,548)||134,103|
##
##
##
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources
f|expended
E|in funds
6|
|Unrestricted
funds||||||
|General fund|||134,575|(194,869)|(60,294)|
|Restricted funds||||||
|Upskills Education|||151,693|(108,980)|42,713|
|Upskills Health|||7,348|(5,608)|1,740|
|Upskills Welfare|||13,941|(8,143)|5,798|
|Upskills Xmas|||4,265||4,265|
|Upskills Livelihood|||28,861|(41,332)|(12,471)|
|Ukraine|||2,027|(1,326)|701|
||||208,135|(165,389)|42,746|
|TOTALFUNDS|||342,710|(360,258)|(17,548)|
|Comparatives
for movement|in funds|||||
||||Net|Transfers||
||||movement|between|At|
|||At1.1.21|in funds|funds|31.12.21|
|||E|f|6|E|
|Unrestricted
funds||||||
|General fund||129,529|(40,873)|42,460|131,116|
|Restricted funds||||||
|Upskills Education||14,804|40,149|(35,328)|19,625|
|Upskills Health||86|3,074|(3,160)||
|Upskills Welfare||2,381|2,508|(4,051)|838|
|Upskills Xmas|||2,494|(2,422)|72|
|Upskills Uvelihood|||(2,501)|2,501||
|||17,271|45,724|(42,460)|20,535|
|TOTALFUNDS||146,800|4,851||151,651|
##
##
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources
f|expended
E|in funds
E|
|Unrestdicted
funds|||||||
|Generalfund||||186,076|(226,949)|(40,873)|
|Restricted funds|||||||
|Upskills|Education|||186,985|(146,836)|40,149|
|Upskills|Health|||35,780|(32,706)|3,074|
|Upskills|Welfare|||33,197|(30,689)|2,508|
|Upskills|Xmas|||7,312|(4,818)|2,494|
|Upskills|Livelihood|||20,122|(22,623)|(2,501)|
|||||283,396|(237,672)|45,724|
|TOTALFUNDS||||469,472|(464,621)|4,851|
|Acurrent year 12months and prior year 12months combined|||position|isasfollows:|||
|||||Net|Transfers||
|||||movement|between|At|
|||At1.1.21||in funds|funds|31.12.22|
|||E||E|E|E|
|Unrestricted
funds|||||||
|General|fund|129,529||(101,167)|77,703|106,065|
|Restricted funds|||||||
|Upskills|Education|14,804||82,862|(73,319)|24,347|
|Upskills|Health|86||4,814|(4,900)||
|Upskills|Welfare|2,381||8,306|(9,627)|1,060|
|Upskills|Xmas|||6,759|(4,128)|2,631|
|Upskills|Livelihood|||(14,972)|14,972||
|Ukraine||||701|(701)||
|||17271||88,470|(77,703}|28,038|
|TOTAL FUNDS||146,800||(12,697)||134,103|
##
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||E|E|f|
|Unrestricted|funds||||
|General fund||320,651|(421,818)|(101,167)|
|Restricted funds|||||
|Upskills Education||338,678|(255,816)|82,862|
|Upskills Health||43,128|(38,314)|4,814|
|Upskills Welfare||47,138|(38,832)|8,306|
|Upskills Xmas||11,577|(4,818)|6,759|
|Upskills Livelihood||48,983|(63,955)|(14,972)|
|Ukraine||2,027|(1,326)|701|
|||491,531|(403,061)|88,470|
|TOTALFUNDS||812,182|(824,879)|(12,697)|
##
##
##
##
|||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|
|||forthe Year Ended 31December 2022|||
||||31.12.22|31.12.21|
||||f|f|
|INCOME AND ENDOWMENTS|||||
|Donations and legacies|||||
|Donations|||195,575|259,517|
|Gift aid|||22,762|18,627|
|Grants|||79,213|172,014|
||||297,550|450,158|
|Other trading activities|||||
|Fundraising
events|||5,646||
|Product sales|||39,247|19,308|
||||44,893|19,308|
|Investment
income|||||
|Deposit account interest|||267||
|Total incoming resources|||342,710|469,472|
|EXPENDITURE|||||
|Raising donations|and legacies||||
|Fundraiser|||11,884|16,499|
|Event costs|||2,595|643|
|Raffle pdizes|||3,350||
||||17,829|17,142|
|Other trading activities|||||
|Opening stock|||15,669|20,656|
|Closing stock|||(19,744)|(15,669)|
||||(4,075)|4,987|
|Chaditable
activities|||||
|Wages|||86,722|104,752|
|Social security|||3,453|5,515|
|Pensions|||1,105|1,255|
|Premises costs|||1,450|650|
|Insurance|||1,145|1,287|
|Telephone
and stationary|||6,226|4,586|
|Carried forward|||100,101|118,045|
##
||Detailed Statement ofFinancial Activities|||
|---|---|---|---|
||forthe Year Ended 31December 2022|||
|||31.12.22|31.12.21|
|||E|E|
|Charitable
activities||||
|Broughtforward||100,101|118,045|
|Travel and subsistence||7,873|2,572|
|Advertising
and marketing||7,173|4,803|
|Sundries||568|418|
|Bank and paypal charges||2,593|2,741|
|Computer
consumables||1,543|2,699|
|Subscriptions||110|110|
|Website costs||1,596|1,171|
|Repairs and Maintenance||250||
|Computer
equipment||419|558|
|Grants to institutions||212,868|296,180|
|||335,094|429,297|
|Support costs||||
|Other||||
|Bookkeeping||6,811|9,503|
|Governance
costs||||
|Accountancy||3,000|2,400|
|Legal and professional fees||1,599|1,292|
|||4599|3,692|
|Total resources expended||360,258|464,621|
|Net (expenditure)/income||(17,548)|4,851|