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2022-12-31-accounts

Page
Trustees'
annual
report (incorporating		 the director's report)
Independent
auditor's
report to the members		 15
Statement offinancial
activities (including		 income and
expenditure
account)		 21
Statement offinancial
position		 22
Statement ofcash flows 23
Notes to the financial statements 24

Registered charity name name The Brazzaville
Foundation		 The Brazzaville
Foundation		 The Brazzaville
Foundation
Charity registration number 1160693
Company registration number 09176062
Principal office 36/37 Vintage House
Albert Embankment
London
SE1 7TL
Registered office 36/37 Vintage House
Albert Embankment
London
SE1 7TL
The trustees
Mr Jean-Yves
Ollivier
Mr Charles
A Carr		 (Resigned 17April 2023)
Mr Kishore Sakhrani
Mr Tim Perry (Resigned 20June 2022)
Mrs Martine Chayrigues
Mr Philippe Jonnart (Appointed 27 April 2023)
Auditor Hicks and Company
Chartered
accountants		 8 statutory auditor
Vaughan
Chambers
Vaughan
Road
Harpenden
Hertfordshire
AL5 4EE
Bankers International
Business Bank Togo
169Boulevard
du 13Janvier
BP363 Lome
Republic ofTogo
M2 3AZ
Metro Bank PLC
One Southampton Row
London
WC1B5HA

Year ende d 31 Dece mber 2022
2022 2021
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Donations
and legacies		 5 778,524 778,524 475,060
Charitable
activities		 6 29,980
Investment income 7 60 60 101
Total income 778,584 778,584 505,141
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies 8 28,116 28,116 58,107
Expenditure on charitable activities 9,10 564,838 564,838 687,860
Total expenditure 592,954 592,954 745,967
Net income/(expenditure) and net movement in funds 185,630 185,630 (240,826)
Reconciliation
offunds
Total funds brought forward (35,459) (35,459) 205,367
Total funds carried forward 150,171 150,171 (35,459)

2022 2021
Note
Fixed assets
Tangible
fixed assets		 17 3,231 5,924
Current assets
Debtors 18 5,962 7,155
Cash at bank and in hand 272,526 87,189
278,488 94,344
Creditors: amounts falling due within one year 19 131,548 135,727
Net current assets 146,940 (41,383)
Total assets less current liabilities 150,171 (35,459)
Net assets 150,171 (35,459)
Funds ofthe charity
Unrestricted funds 150,171 (35,459)
Total charity funds 21 150,171 (35,459)

Year ended 31 Decemb er 2022
2022 2021
P
Cash flows from operating activities
Net income/(expenditure) 185,630 (240,826)
Adjustments
for:
Depreciation
of tangible
fixed assets		 3,711 3,909
Other interest receivable
and		 similar income (60) (101)
Accrued expenses 10,414 2,888
Changesin:
Trade and other debtors 1,193 12,541
Trade and other creditors (14,593) 98,575
Cash generated
from operations		 186,295 (123,014)
Interest received 60 101
Net cash from/(used
in) operating
activities		 186,355 (122,913)
Cash flows from investing activities
Purchase
oftangible assets		 (1,018)
Net cash used in investing
activities		 (1,018)
Net increase/(decrease)
in		 cash and cash equivalents 185,337 (122,913)
Cash and cash equivalents at beginning ofyear 87,189 210,103
Cash and cash equivalents at end ofyear 272,526 87,190

Donations and legacies
Unrestricted Restricted Total Funds
Funds Funds 2022
Donations
Donations UK
Donations non-UK 778,524 778,524
778,524 778,524
Unrestricted Restricted Total Funds
Funds Funds 2021
Donations
Donations UK 34,823 34,823
Donations non-UK 262,048 178,190 440,237
296,871 178,190 475,060

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Other income from charitable activities 29,980 29,980

Unrestricted Restricted Total Funds
Funds Funds 2022
Bank interest receivable 60 60
Unrestricted Restricted Total Funds
Funds Funds 2021
Bank interest receivable 101 101
8. Costs of raising donations and legacies
s
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
28,116 28 116 58 107 58 107

Expenditure
o		 n charitable
activities		 by fund type
Unrestricted Restricted Total Funds
Funds Funds 2022
Sub-standard and falsified medicines & Youth
Engagement 164,094 164,094
Charitable
activities - programmatic		 development 8,503 8,503
Conflict Prevention 1,445 1,445
Environmental Conservation 138,661 138,661
Ambassadorial project
African Young Talents Projects
The Niamey Process
Civil Society Support and other Programme
Development 34,148 34,148
Support costs 217,987 217,987
564,838 564,838
Unrestricted Restricted Total Funds
Funds Funds 2021
Sub-standard and falsified medicines &Youth
Engagement 52,798 53,325 106,123
Charitable
activities
- programmatic		 development 2,753 2,753
Conflict Prevention 570 570
Environmental Conservation 127,058 44,480 171,539
Ambassadorial project 4,780 4,780
African Young Talents Projects 2,787 13,053 15,840
The Niamey Process 28,378 28,378
Civil Society Support and other Programme
Development
Support costs 196,561 161,318 357,877
387,307 300,554 687,860

Activities
undertaken Support Total funds Total fund
directly costs 2022 2021
Sub-standard and falsified medicines
8 Youth Engagement 164,094 103,758 267,852 178,111
Charitable
activities - programmatic
development 8,503 8,503 2,753
Conflict Prevention 1,445 1,995 3,440 5,357
Environmental Conservation 138,661 71,831 210,492 311,198
Ambassadorial
project		 42,317
African Young Talents Projects 79,346
The Niamey Process 35,295
Civil Society Support and other
Programme Development 34,148 13,969 48,117
Governance costs 26,434 26,434 33,483
346,851 217,987 564,838 687,860

Analysis o f suppo rt costs
Sub-
standard Civil Society
and falsified Support and
medicines, Environmen other
Youth tal Programme
Engagemen Conflict Conservatio Developme
Prevention n nt Total 2022 Total 2021
Staff costs 39,818 766 27,566 5,360 73,510 102,570
Premises 25,455 490 17,623 3,427 46,995 55,110
Communications
and IT 1,775 34 1,229 239 3,277 4,584
General office 14,218 273 9,843 1,914 26,248 44,600
Finance costs 805 15 557 108 1,485 3,605
Governance
costs 14,319 274 9,913 1,926 26,432 37,780
Professional fees 6,783 130 4,696 913 12,522 10,037
Marketing 8 PR 10,333 199 7,153 1,391 19,076 101,428
Foreign exchange
costs 4,572 88 3,165 615 8,440 2,458
118,078 2,269 81,745 15,893 217,985 362,172

Net inco me/(e xpenditure) is stated after charging/(crediting):
2022 2021
Depreciation of tangible fixed assets 3,711 3,909
Foreign exchange differences 10,559 2,457
13. Auditors remuneration
2022 2021
Fees payable for the audit of the financial statements 9,504 4,752

2022 2021
Wages and salaries 199,424 231,507
Social security costs 26,831 20,009
Employer
contributions		 to pension plans 3,282 3,294
229,537 254,810

The average The average head count of employees head count of employees head count of employees during the year was 3 (2021:5).The average the year was 3 (2021:5).The average the year was 3 (2021:5).The average number of
full-time equivalent
employees		 during the year is analysed as follows:
2022 2021
No. No.
Number of staff - Administration 1 2
Number of staff - Charitable activities 2 3
3 5
The number of employees whose remuneration for the year fell within the following bands, were:
2022 2021
No. No.
2120,000to F129,999 1 1

Statement
offinanc
2021		 ial ac tivities - year ende d 31 December
Unrestricted Restricted
funds funds Total funds
Donations
& legacies		 296,871 178,190 475,061
Charitable
activities		 29,980 29,980
Investment
income		 101 101
Total income 326,851 178,291 505,142
Costs of raising donations & legacies 58,107 58,107
Expenditure
on charitable		 activities 387307 300554 687861
Total expenditure 445 414 300554 745968
Net expenditure ~118563 ~122 263 ~240 826
Transfers
between		 funds ~87439 87 439
Total Funds brought forward 170,543 34,824 205,367
Total Funds carried forward (35,459) (35,459)

17. Tangible fixed asset s
Equipment
Cost
At 1 January 2022 11,544
Additions 1,018
At 31 December 2022 12,562
Depreciation
At 1 January 2022 5,620
Charge for the year 3,711
At 31 December 2022 9,331
Carrying
amount
At 31 December 2022 3,231
At 31 December 2021 5,924
18. Debtors
2022 2021
Prepayments
and accrued income		 1,826 3,058
Other debtors 4,136 4,097
5,962 7,155
19. Creditors: amounts falling due within one year
2022 2021
Trade creditors 34,368 34,293
Accruals and deferred income 22,928 12,514
Social security and other taxes 14,214 7,427
Other creditors - Owed to Jean-Yves Ollivier 50,000 81,493
Other creditors 10,038
131,548 135,727

At At
1 January 20 31 Decembe
22 Income Expenditure Transfers r2022
General funds (35,459) 778,584 (592,954) 150,171
At At
1 January 20 31 December
21 Income Expenditure Transfers 2021
P F
General funds 170,543 326,851 (445,414) (87,439) (35,459)

At 1 At 31
Jaunary December
2022 Income Expenditure Transfers 2022
At 1 At 31
January December
2021 Income Expenditure Transfers 2021
F P
Falsified sub-standard
Medicines restricted
fund 34,824 (103,004) 68,180
IDeA restricted fund 178,291 (197,550) 19,259
34,824 178,291 (300,554) 87,439

23. Analysis of net as se ts betwe e n funds
Unrestricted Total Funds
Funds 2022
Tangible fixed assets 3,231 3,231
Current assets 278,488 278,488
Creditors less than 1 year (131,548) (131,548)
Net assets 150,171 150,171
Unrestricted Total Funds
Funds 2021
Tangible fixed assets 5,924 5,924
Current assets 94,344 94,344
Creditors less than 1 year (135,727) (135,727)
Net assets (35,459) (35,459)
24. Financial instruments
The carrying
amount		 for each category of financial instrument is as follows:
2022 2021
Financial assets that are debt instruments measured at cost
Financial assets that are debt instruments measured at amortised
cost 5,961 7,155
Financial liabilities measured at cost
Financial liabilities measured at amortised cost 81,548 54,235
Loan commitments measured at cost
Loan commitments measured at cost less impairment 50,000 81,492
25. Analysis ofchanges in net debt
At At
1 Jan 2022 Cash flows 31 Dec 2022
Cash at bank and in hand 87,189 185,337 272,526