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|||||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|
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|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|||||
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|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)|
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||||||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)|
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|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|
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|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|
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|||||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|
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|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|
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|||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|
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|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|
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||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|
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||||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|
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|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|
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|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)|
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|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|
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||||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)|
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||||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||
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|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|
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