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|||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|
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|||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|
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|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|
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|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.|||
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||||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$|||
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||||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|
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|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|