| HOMES OFPROMISE | Page 6 | ||||
|---|---|---|---|---|---|
| STATEMENT OF FINANCIAL | ACTIVmES | ||||
| FOR THE YEAR ENDED 31STDECEMBER2021 | |||||
| General | Restricted | Total Funds | Total Funds | ||
| Note | 2021 | 2020 | |||
| Income | |||||
| Donations | 2 | 61359 | 5000 | 66359 | 48590 |
| Repayment supplement |
zz | zz | |||
| ~61 81 | ~50 0 | ~6381 | 8590 | ||
| Expenditure | |||||
| Raising funds | 1080 | 1080 | 1080 | ||
| Charitable acflvities |
3 | 64128 | 64128 | 57279 | |
| Governance costs | 1002 | 1002 | 164 | ||
| Total expenditure | 64128 | 2082 | 66210 | 58823 | |
| Net income (expenditure) | (2747) | 2918 | 171 | (9933) | |
| Reconciliation offunds: Total funds broughtforward |
~1 | ~7 | Zlgg | 31Q6 | |
| Total funds carried forward | 14249 | 7425 | 21674 | 21503 |
| ge | nerating activities is not recogni |
zed within the Stat |
ement of | Financial Activ | ities. |
|---|---|---|---|---|---|
| 2 | Donations and Legacies |
2021 | 2020 | ||
| E | E | ||||
| Gifts (Individuals and Organisations) |
51365 | 32727 | |||
| Gifls from individuals received |
in Uganda | 868 | |||
| Trusts and Corporates | 10000 | 10000 | |||
| Gift Aid from HM Revenue 5Customs | 4~16 | ~563 | |||
| 66359 | 48590 | ||||
| Donations in the current year |
include a donagon | from an | individual of65000 |
||
| (2020:F5000)which is restricted for expenditure | on core | costs inc1uding | fundraising, | ||
| administration and governance |
costs. |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | ||||
| 3 | Analysis ofcharitable activities expenditure | |||
| George's Place | 51726 | 47018 | ||
| Education, school | and vocational | 9769 | 8237 | |
| Medical costs | 1729 | 1156 | ||
| Christian support |
57 | 24 | ||
| Shipping donated Bank charges |
items to Uganda | 7191' | 708 ~6 |
|
| 64128 | 57279 |
| 4 | Tangible fixed asset | ||
|---|---|---|---|
| Motor vehicle | |||
| At cost, brought forward and canied forward | |||
| Depreciation brought forward |
13176 | 13176 | |
| Charge in year |
|||
| Depreciation carried forward |
|||
| Net book value at31stDecember 2021 | 1 | 1 | |
| Net book value at31stDecember 2020 | 1 | 1 | |
| 5 | Debtors | ||
| Gilt Aid receivable | 1893 | 4020 | |
| 6 | Restriced Funds | ||
| Balance at 1stJanuary 2021 | 4507 | 751 | |
| Income | 5000 | 5000 | |
| Expenditure | ~208 | ~1244 | |
| Balance at31stDecember 2021 | 7425 | 4507 | |
| 7 | Unrestricted Funds |
||
| Balance at 1stJanuary 2021 | 16996 | 30685 | |
| Income | 61381 | 43590 | |
| Expenditure Balance at31stDecember 2021 |
QH3251 14249 |
5Z?ZS 16996 |
| NOTES TOTHE FINANCIAL STATEINENTS | NOTES TOTHE FINANCIAL STATEINENTS | ||||
|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31STDECEMBER2021 | |||||
| f | 2021 | 2020 | |||
| 8 | Net assets by fund | ||||
| Restricted funds | |||||
| Current assets | |||||
| General funds | |||||
| Tangible fixed assets | 1 | ||||
| Current assets | ~1 |
| Total | 7425 | 21503 | |||||
|---|---|---|---|---|---|---|---|
| 9 | Reconciliation ofnet | movement | in funds tonet cash flow from operation | ||||
| activities | |||||||
| Net income (expenditure) | forthe | year | (as Statement of | ||||
| Financial Activities) | 171 | (9933) | |||||
| Decrease (Increase) | in debtors | 2127 | 4242 | ||||
| (Decrease) Increase | in creditors | (5589) | |||||
| Decrease in fixed assets | |||||||
| Net cash increase (used |
in) operating | acliviTies | 2298 |