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2021-03-31-accounts

Page
Reference and administrative
details ofthe charity, its nustees and advisers
Trustees' report 3-8
Independent
Examiner'5
report
Statement ofFinancial Activities 10
Balance Sheet
Notes to the financial statements 12-17

Restricted
Funds		 Unrestricted
Funds		 Total Funds Total Funds
Notes 2021 2021 2021 2020
E 6 6 E
Income from:
Donations 40,294 485,086 525,380 271,932
CharitablaActivities 38,940
Events 43,092
Total Income 40,294 485,086 525,380 353,964
Expenditure
on:
CharitableActivities
Raising funds
Total Expenditure
Net (Expenditure) /Income		 45,059
426,530
38,811
45,059
465,341
~(4765,19,745		 471,589
38,811
510,400
14,980		 283,051
64,151
347,202
6,762
Reconciliation offunds
Total funds brought forward 1April 2020 27,297 68,134 95,431 88,669
Total funds carried forward 31March 2021 22,532 87,879 118,411 95,451

Note 2 Accounting policies Accounting policies
Recognition of income Income isincluded
in the Statement ofFinancial Activities(SoFA) when:
the charity becomes entitled tothe resources;
it ismore likely than not that the trustees will receive the resources; and
the monetary
value can be measured
with sufficient reliability.
Grants and donations Grants and donations are only included
in the SoFAwhen t he general income recognition
criteria are met.
In the caseofperformance
related
grants, income isonly recognised
to theextent that the
charity has provided the specified goods orservices asentitlement
tot he grant only
occurs when the performance
related conditions are met.
Legacies Legacies are included
in the SOFAwhen receipt isprobable, that is, when there has been
grant ofprobate, the executors have established
that there are sufficient assets in the
estate and any conditions attached tothe legacy area)ther within the control ofthe
charity or have been met.
Tax reclaims on donations Gift Aid receivable is included
in income
when there isavalid declaration
from the donor.
and gifts Any 6ift Aid amount recovered on adonation isconsidered tobepart ofthat gIR an d Is
treated asan addition tothe same fund asthe initial donation
unless the donor orthe
terms ofthe appeal have specified otherwise.
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost ofany stock ofgoods donated for distribution
to beneficiwies
isdeemed to be
the fair value ofthose gifts atthe time oftheir recipt and they are recognised on recept.
In the reporting
period in which the stocks are distributed,
they arerecognised asan
expense atthe carrying amount ofthe stocks at distribution.
Gifts in kind for use bythe charity are included
inthe SoFAasincome from donations
when receivable.
12

Note 2(continued) Accounting policies
Donated services and facilities Donated services and facilities areincluded
in the SOFAwhen received
atthe value ofthe gifttothe charity provided the value ofthe gift can
bemeasured
rail ah ly.
Support costs The charity has incurred expenditure
on support costs. Support costs
have been al Iocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of
the charity and itscompliance with rsgulatlon
and good practice.
Volunteer help Thevalue ofany voluntary
help received isnot included
in the accounts
but isdescribed
Inthe trustees'
annual report.
Liability recognition Liabilities are recognised where it ismore likely than not that there isa
legal orconstructive
obligation
committing
the charity to pay out
resources and the amount ofthe obligation can be measured
with
reasonable certainty.
Governance
and support		 costs Support costs have been allocated between governance costs and other
support.
Governancecostscompriseall
costsinvolvlngpublic
accountability
ofthe charity and itscompliance
with regulation
and
good practice.
Grants with performance conditions Where the charity gives agrant with conditions for its payment
being a
specific level ofservice oroutput to be provided, such grants are only
recognised
in the SoFAonce the recipient ofthe grant has provided the
specified service oroutput.
Note 9 Keyjudgements
and assumptions
concerning
the future in applying
the accounting policies
Donations received relating to Mission Impact trips planned
forafter the year end have not been recognised
as
income. Given the impact ofthe COVID-19 pandemic, trips have been cancelled or postponed
soit has been
assumed that these donations may need to be repaid alter the year end.

Restricted
Funds		 Unrestricted
Funds		 Total Restricted
Funds		 Unrestricted
Funds		 Total
2021 2021 2021 2020 2020 2020
E f E f f E
Grant lNote 5) 5,298 5,298
Child Sponsorship 97,076 97,076 86,722 86,722
Donations and gilts 39,124 344,635 383,758 39,471 115,191 154,662
Gift Aid 1,170 43,376 44,546 1,779 23,471 25,250
TOTAL 40,294 485,086 525,380 46,548 225,384 271,932
Note 5 Grant
Restricted Unrestricted Restricted Unrestricted
Funds Funds Funds Funds
2021 2021 2020 2020
f f E E
Peter Stebbings Memorial Charity 5,298
TOTAL 5,29$

Restricted
Funds		 Unrestricted
Funds		 Total Restricted
Funds		 Unrestricted
Funds
2021
f		 2021
f		 2021
f		 2020
f		 2020
f		 2020f
Funds trans(orred to Swaziland 42,282 403,146 445,428 19,251 173,909 193,160
Mission impact (7,132) (7,132) 54,189 54,189
Support Costs (Note 9) 2,777 30,516 33,293 35,702 35,702
TOTAL 45,059 426,530 471,589 19,251 263,800 283,051
Note 8
Expenditure		 onralsing funds
Restricted
Funds		 Unrestricted
Funds		 Total Restricted
Funds		 Unrestricted
Funds		 Total
2021f 2021
F.		 2021
E		 2020
f		 2020
E		 2020
f
Staffcosts 38,721 38,721 36,893 36,893
Marketing and event costs 90 90 27,258 27,258
TTTTAL SS,S11 38,811 64,151 64,151
Note 9
Support Costs
2021 2020
E E
Staffcosts 13,635 13,893
Oflice costs 12,958 4,051
Travel and subsistence costs 2,892
Training costs 126
ITcosts 2,430 2,705
Shipping costs 3,480 10,698
Governance costs 790 1,337
TOTAL ~5.702

2OZ1 ZOZO
f f
Deferred income 20,702 38,541
Taxation and social security 521 804
Other creditors 4,505 198
25.728 39,543
Deferred Income relates to donations
received in relation to Mission Impact trips pianned forafter the year
end. However due tothe impact ofCovid-19 these trips have been cancdled orpostponed soincome will not
be recognised
until the trips		 occur. During the year, f17,839was repaid to donors.
Note 11
Funds
Balance at Transfers Balance at
1April to Support 31March
2020 Income Eswatlni costs 2021
f E E f
Restricted funds
Mhlanghatane
In Community,		 ByCommunity 21,999 135 (2,000) 20,134
Mhlindatwe
In Community,		 ByCommunity 500 500
Water pipeline 982 982
Water Pump 3,000 (3,000)
Hardship
Fund		 10,000 (10,000)
Fire protection 2,629 (2,366) (263)
Provision oftext books 4,484 (4,270) (214)
Provision ofbulk food 3,500 (3,500)
Media equipment 2,615 (2,353) (262)
Tertiary education support 11,889 (9,656) (1,467) 766
Provision ofpresents 560 (369) (41) 150
Peter Stebbings Memorial Charity 5,298 (4,768 (530
Total restricted funds 27,297 40,294 (42,282) (2,777) 22,532
Unrestricted
funds		 68,134 485,086 403,146) 62,195) 87,879
Total funds 95,431 525,3$0 (44Sr42$ (64,972 110,411

Note 12
Analysis ofnet assets be		 tween funds
Restricted Unrestricted Total
Funds Funds 2021
f f E
Debtors
Cash 22,532 113,607 136,139
Liabilities (25,728) (25,728)
Net assets 22,5S2 87479 110,411
Restricted Unrestricted Total
Funds Funds 2020
E E E
Debtors 5,298 5,298
Cash 21,999 107,677 129,676
Liabilities 39,543) (39,543)
Net assets 27,297 68,134 95,431

Restricted Unrestricted
Funds Funds Total
Notes 2020 2020 2020
f F. E
Income from:
Donations 46,548 225,384 271,932
Chari table Activities 38,940 38,940
Events 43,092 43,092
Total income 46,548 307,416 353,964
Expenditure
on:
Charitable Activities 19,251 263,800 283,051
Raising funds 64,151 64,151
Total Expenditure 19,251 327,951 347,202
Net income/(expenditure) 27,297 (20,535) 6,762
Reconciliation offunds
Total funds brought forward 1April 2019 88,669 88,669
Total funds carried forward 31March 2020 27,297 68,134 95431