| ~Pa e | ||
|---|---|---|
| Trustees, registered office etc |
||
| Trustees' Report |
2-4 | |
| Statement ofTrustees' | Responsibilities | |
| Independent Examiners |
Report | |
| Income and Expenditure | Account | |
| Balance Sheet |
| Notes | 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|
| RESOURCES EMPLOYED | ||||||||
| Income: | ||||||||
| Donations received |
lc | 282,910 | 298,756 | |||||
| Donations received |
designated | ld | 178,017 | 218,643 | ||||
| Bank Interest Received | 1,104 | 1,309 | ||||||
| Fund raising | 119440 | 219136 | ||||||
| 581,471 | 737,844 | |||||||
| DIRECT COSTS | ||||||||
| Expenditure: | ||||||||
| Project costs | 53,654 | 18,197 | ||||||
| Child Sponsorship and Training |
||||||||
| Orphanage running |
costs | 177,387 | 192,597 | |||||
| Orphanage repairs |
11,445 | 5,249 | ||||||
| Tropic House repairs | 29,043 | |||||||
| Motor Expenses | 30,302 | 16,199 | ||||||
| Travel costs in South Africa | 321 | |||||||
| Groceries and supplies | 49,452 | 59,540 | ||||||
| Fundraising costs |
815 | 989 | ||||||
| ~352 | 098 | ~293 092 | ||||||
| SURPLUS BEFORE | OTHER COSTS | 229,373 | 444,752 | |||||
| Travel costs including flights |
1,511 | 1,548 | ||||||
| CEO Salary (incl. National | Ins) | 36,042 | 35,637 | |||||
| Profic/(loss) on sale |
ofasset | (12,448) | ||||||
| Pension contributions | and charges | 1,500 | 1,500 | |||||
| Depreciation | 26,490 | 30,264 | ||||||
| Bank charges | 3,203 | 2,746 | ||||||
| BDOfees | 174 | 204 | ||||||
| Exchange rate gain/loss | 111 | 6 134 | ~9644 | |||||
| ~62 606 | ~62 255 | |||||||
| SURPLUS AFTER OTHER | COSTS | 166,767 | 382,497 | |||||
| RESERVES AT START OF | YEAR | |||||||
| RESERVESAT END | OFYEAR | ~7627 | 08 | 1~40841 |
| BALANCE SHEET | BALANCE SHEET | AS AT 31sT | DECEMBER | 2021 | |
|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||
| TANGIBLE FIXEDASSETS | |||||
| Building Computer Equipment k Other Assets |
5 5 |
108,421 1,938 |
110,900 1,371 |
||
| Motor Vehicles | 5 | 40,165 | 34,934 | ||
| Solar | 5 | 48068 | 50 158 | ||
| 198392 | 197363 | ||||
| CURRENT ASSETS | |||||
| Cash at Bank and in Hand | 6 | 1,429,016 | 1,264,149 | ||
| Prepayments | |||||
| 1429.016 | 1 264 149 | ||||
| TOTAL ASSETS | 1,627,608 | 1,461,512 | |||
| Wages | |||||
| PAYE Control | (671) | ||||
| Pension Control | |||||
| PAYE Control (South Africa) | |||||
| (~671 | |||||
| TOTAL ASSETSLESSLIABILITIES | |||||
| RESERVES | |||||
| General Fund | 1,289,516 | 1,227,565 | |||
| Designated Fund |
338092 | 233276 | |||
| TOTAL RESERVES | ~14 ~41 |
| TANGIBLE FIXED | ASSETS | |||||
|---|---|---|---|---|---|---|
| Other Assets | R | |||||
| Solar | Buildings | Computer | Motor | Total | ||
| Equipment | Vehicle | |||||
| Cost: | ||||||
| At 1"January 2021 Additions Disposals |
52,248 | 123,906 | 9,1 11 3,044 |
99,144 26,901 (42,625) |
284,410 29,944 (42,625) |
|
| At 31"December 2020 | ~4 | ~1 | ||||
| Depreciation | ||||||
| At 1"January 2021 Charge for year On Disposals |
2,090 2,090 |
13,007 2,478 |
7,740 2,477 |
64,210 19,445 {440400 |
87,047 26,490 ~40 400 |
|
| At 31"December 2021 | ~4 | ~1 | ||||
| Net BookValue | ||||||
| At 31"December 2020 | llQ,899 | 192~ | ||||
| At 31"December 2021 | ~4 | ~~41 | ~4 | 198„'52 | ||
| 6. CASH AT BANK |
||||||
| 2021 | 2020 | |||||
| Barclays Bank Pic Cash in hand Nedbank Nedbank BDO Staff Loan |
1,376,054 1,129 14,811 37,022 |
1,228,457 1,129 12,279 22,284 |
||||
| ~14~49 | ||||||
| 7. MOVEMENT IN RESERVES |
General | ~Desi sated | ||||
| As at 1"January 2021 Surplus for the year Depreciation offset in respect ofvehicle At 31"December 2021 |
1,227,565 61,951 I 229~1 |
233,276 104,816 |
||||
| DESIGNATED RESERVES | ||||||
| In respect ofdonations for CEO |
salary | 53,591 | ||||
| S. CONTINGENT LIABILITY |