| Page | ||||
|---|---|---|---|---|
| Reference | and administrative | details ofthe Company, its Trustees and advisers | ||
| Chairman's | statement | 2-3 | ||
| Trustees' | report | 4- 12 | ||
| Independent auditors' |
report | on the financial statements | 13-17 | |
| Statement | offinancial | activities | 18 | |
| Balance sheet | ||||
| Statement | ofcash flows | 20 | ||
| Notes to the financial | statements |
| Designated | Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2D21 | 2020 | |||
| Income from: | |||||||
| Donations and |
legacies | 65,395 | 349,670 | 340,793 | 755,858 | 850,43 / | |
| Other trading activities |
7,688 | ?,421 | 10,109 | 16,331 | |||
| investments | 13 | 13 | 135 | ||||
| Total income | 73,0&3 | 349,670 | 343,227 | 765,980 | 866,897 | ||
| Expenditure on: |
|||||||
| Raising funds | 19,684 | 19,684 | 15,578 | ||||
| Charitable activities |
16,991 | 416,629 | 349,332 | 782,952 | 639,175 | ||
| Total expenditure | 1S,991 | 416,629 | 3S9,D16 | 802,636 | 654,753 | ||
| Net | |||||||
| income/(expenditure) | 56,Q92 | (66,959) | (25,T89) | (36,656) | 212,144 | ||
| Transfers between |
|||||||
| funds | 13 | (40,464) | 3,569 | 36,895 | |||
| Net movement | in | ||||||
| funds | 15,628 | (63,39Q) | 11,1QS | (36,656) | 212,144 | ||
| Reconciliation | of | ||||||
| funds: | |||||||
| Total funds brought | |||||||
| forward | 372,652 | 2,884 | 3T5,536 | 163,392 | |||
| Net movement | in funds | 15,628 | (63,390) | 11,106 | (36,656) | 212,144 | |
| Total funds carried | |||||||
| forward | 15,628 | 309,262 | 13,990 | 338,880 | 375,536 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets | 10 | TT5 | |||||
| Current assets | |||||||
| Debtors | 59,282 | 52,096 | |||||
| Cash at bank and | in hand | 292,242 | 336,422 | ||||
| 351,524 | 388,518 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | (13,420) | (12,982) | |||||
| Net current assets | 338,104 | 375,536 | |||||
| Total assets less | current liabilities | 338,879 | 375,536 | ||||
| Net assets excluding | pension asset | 338,879 | 375,536 | ||||
| Total net assets | 338,879 | 375,536 | |||||
| Charity funds | |||||||
| Designated funds |
13 | 'l5,628 | |||||
| Restricted funds | 13 | 309,262 | 372,652 | ||||
| Unrestricted funds |
13 | 13,989 | 2,884 | ||||
| Total funds | 338,879 | 375,536 |
| 2021 | 2020f | |||||
|---|---|---|---|---|---|---|
| Cash flows from operating | activities | |||||
| Net cash | used in operating |
activities | (43,161) | 170,647 | ||
| Cash flows from investing | activities | |||||
| Dividends, | interests and rents from investments | 13 | 135 | |||
| Purchase | oftangible fixed assets |
(1,033) | ||||
| Net cash | (used in)/provided by investing |
activities | (1,020) | 135 | ||
| Cash flows from financing | activities | |||||
| Net cash | provided by financing activities |
|||||
| Change in cash and cash |
equivalents | in | the year | (44,181) | 1?0,782 | |
| Cash and | cash equivalents | at the beginning | ofthe year | 336,422 | 165,640 | |
| Cash and | cash equivalents | at the end | of | the year | 292,241 | 336,422 |
| Designated | Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | |
| 2021 | 2021 | 2021 | 2021 | 2020 | |
| Donations | 31,185 | 4,481 | 333,091 | 368,757 | 311,997 |
| legacies | 9,001 | ||||
| Grants | 34,210 | 345,189 | 379,399 | 517,433 | |
| Tax recoverable | 7,702 | 7,702 | 12,000 | ||
| Total 2021 | 65,395 | 349,670 | 340,793 | 755,858 | 850,431 |
| Total 2020 | 6,468 | 589,534 | 254,429 | 850,431 |
| Endowment | Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | |
| 2021 | 2021 | 2021 | 2021 | 2020 | |
| Fundraising | 7,688 | 2,421 | 10,109 | 16,331 | |
| Total 2020 | 488 | 2,170 | 13,673 | 16,331 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| investment | income | 135 | |||
| Total 2020 | 24 | 135 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2021 | 2021 | 2021 | 2020f | ||
| Direct | costs | 578,912 | 204,040 | 782,952 | 639,175 |
| Total | 2020 | 493,848 | 145,327 | 639,175 |
| Total | Total | |||
|---|---|---|---|---|
| Activities | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| Staff costs | 152,206 | 152,206 | 95,345 | |
| Depreciation | 258 | 258 | 130 | |
| Office rents | 2,160 | 2,160 | 2,260 | |
| Travelling expenses |
28,289 | 28,289 | 17,781 | |
| lnsurances | 7,998 | 7,998 | 6,214 | |
| Postage and | stationery | 2,331 | 2,331 | 2,410 |
| Web costs | 1,049 | 1,049 | 713 | |
| Telephone | 736 | 736 | 744 | |
| Staff training | 270 | 270 | 216 | |
| Staff welfare | 755 | 755 | 29 | |
| Sundry expenses | 308 | 308 | 222 | |
| Exchange loss | 1,479 | 1,479 | 1,510 | |
| Exchange gain | (999) | (999) | 10,853 | |
| Governance | costs | 7,200 | 7,200 | 6,900 |
| 204,040 | 204,040 | 145,327 | ||
| Totai 2020 | 145,32? | 145,327 | ||
| Auditors' remuneration |
||||
| 2021f | 2020f | |||
| Fees payable | to the Company's | auditor for the audit ofthe Company's | ||
| annual accounts |
7,200 | 5,100 |
| Staff c | osts | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Wages | and | salaries | 152,206 | 95,345 |
| 152,206 | 95,345 |
| Office | |
|---|---|
| equipment | |
| Cost or valuation | |
| At 1 January 2021 | 1,335 |
| Additions | 1,033 |
| At 31 December 2021 | 2,368 |
| Depreciation | |
| At 1 January 2021 | 1,335 |
| Charge for the year | 258 |
| At 31 December 2021 | 1,593 |
| Net book value | |
|---|---|
| At 31 December 2021 | 775 |
| At 31December 2020 |
| 2021 | 2020 | |
|---|---|---|
| Due within one year | ||
| Trade debtors | 25,080 | 3'l,552 |
| Other debtors | 9,521 | 3,565 |
| Tax recoverable | 24,681 | 16,979 |
| 59,282 | 52,096 |
| 2020 | |||
|---|---|---|---|
| Trade creditors | 1,453 | 3,264 | |
| Other taxation and social security | 1,727 | 2,173 | |
| Other creditors | 1,140 | 645 | |
| Accruals and deferred | income | 9,100 | 6,900 |
| 13,420 | 52,982 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | 31 | ||||||
| January | Transfers | December | |||||
| 2020 | Income | Expenditure | in/out | 2021 | |||
| f. | |||||||
| Unrestricted funds |
|||||||
| General Funds | - all funds | 2,884 | 343,226 | (369,016} | 36,895 | 13,989 | |
| Designated funds |
|||||||
| East Africa - General | 10,761 | (29T) | (10,464) | ||||
| Fundraising | 62,322 | (16,694) | (30,000) | 15,628 | |||
| 73,083 | (16,991) | (40,464) | 15,628 | ||||
| Restricted funds | |||||||
| Community Health |
(601} | 601 | |||||
| Agriculture | (741) | T41 | |||||
| CRADLE Projects | (2,655) | 2,655 | |||||
| HAPPEE | 4,387 | (4,387) | |||||
| Covid 19Response | 30,090 | 250 | (30,340} | ||||
| New Hope Rehabilitation | |||||||
| Centre | 177,725 | 123,926 | (165,381) | (19,760) | 116,510 | ||
| HHA Chapel | 3,800 | 3,500 | (3,286) | 4,014 | |||
| Amazing Grace |
School | 64,947 | 64,947 | ||||
| Guernsey Overseas | Aid Water | ||||||
| Project | (5,331) | 5,331 | |||||
| Haiti Chaplaincy | (1,9Q3} | 1,903 | |||||
| HIV AIDS | 5,000 | {206} | {4,794) | ||||
| Maternity | 19,929 | (37,862) | 17,933 | ||||
| MDB | 10,440 | (13,463) | 3,023 | ||||
| Noah Memorial | Fund | 118,395 | 10,621 | (9,517) | 119,499 | ||
| Rehabilitation | 100,486 | (106,843) | 6,357 | ||||
| Rehab - Uganda | 150 | 150 | |||||
| Solar Projects | 42,642 | (38,500} | 4,142 | ||||
| East Afica - Refugee | response | 6,034 | {6,Q34) | ||||
| 372,652 | 349,670 | (416,629) | 309,262 |
| Statement off |
unds | - prior year | |||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1January | Transfers | December | |||||
| 2020 | income | Expenditure | in/out | 2020 | |||
| E | |||||||
| Unrestricted funds |
|||||||
| General Funds | - all funds | 14,584 | 268,213 | (190,500) | (89,413) | 2,884 | |
| Designated funds |
|||||||
| East Africa - General | 6,956 | (4,080) | (2,876) | ||||
| Restricted funds | |||||||
| Agriculture | (814) | 814 | |||||
| CRADLE Projects | 150 | (3,895) | 3,?45 | ||||
| EP2030 | 62 | (202) | 140 | ||||
| HAPPEE | 9,437 | (9,437) | |||||
| Covid 19Response | 89,663 | (59,573) | 30,090 | ||||
| New Hope Rehabilitation | |||||||
| Centre | 238,448 | (60,723) | 'I77,725 | ||||
| HHA Chapel | 3,SOO | 3,800 | |||||
| Amazing Grace |
School | 3,973 | 23,978 | (34,504) | 6,553 | ||
| Guernsey Overseas | Aid Water | ||||||
| Project | 13,783 | l6,000 | (29,783) | ||||
| Haiti Chaplaincy | (2,682) | 2,682 | |||||
| HIV AIDS | (3,677) | 3,677 | |||||
| Maternity | 1,393 | (4'l,416) | 40,023 | ||||
| MD8 | 6,885 | (19,033) | 'l2,148 | ||||
| Noah Memorial | Fund | 131,051 | 4.010 | (16,666) | 118,395 | ||
| Rehabilitation | 154,884 | (177,391) | 22,507 | ||||
| Rehab - Uganda | 377 | (377) | |||||
| Solar Projects | 42,642 | 42,642 | |||||
| 148,807 | 591,729 | (460,173) | 92,289 | 372,652 | |||
| Total offunds | l63,391 | 598,685 | (654,753) | 375,536 |
| Analysis | ofn | et as | sets | betwe | en | funds | - c | urr | nt year | nt year | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Endowment | Restricted | Unrestricted | Total | |||||||||||||
| funds | funds | funds | funds | |||||||||||||
| 2021 | 2021 | 2021 | 2021 | |||||||||||||
| Tangible | fixed | assets | 775 | 775 | ||||||||||||
| Current assets | 15,628 | 308,487 | 27,407 | 351,522 | ||||||||||||
| Creditors | due | within | one year | (13,420) | (13,420) | |||||||||||
| Total | 15,628 | 309,262 | 13,987 | 338,877 | ||||||||||||
| Analysis | ofnet assets | between funds | - prior | year | ||||||||||||
| Restricted | Unrestricted | Total | ||||||||||||||
| funds | funds | funds | ||||||||||||||
| 2020 | 2020 | 2020 | ||||||||||||||
| Current assets | 372,652 | 'l5,866 | 388,518 | |||||||||||||
| Creditors | due | within | one year | (12,982) | (12,982) | |||||||||||
| Total | 372,652 | 2,884 | 375,536 | |||||||||||||
| 15. | Reconciliation | of | net movement | in funds | to | net | cash flow | from operating | activities | |||||||
| 2021 | 2020 | |||||||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||||||
| Activities) | (36,656) | 212,144 | ||||||||||||||
| Adjustments | for: | |||||||||||||||
| Depreciation charges |
258 | 130 | ||||||||||||||
| Dividends, | interests | and | rents | from investments | (13) | (135) | ||||||||||
| Increase | in debtors | (7,188) | (31,875) | |||||||||||||
| Increase/(decrease) | in creditors | 438 | (9,617) | |||||||||||||
| Net cash | provided | by/(used | in) operating | activities | (43,161) | 170,647 |
| 2021 | 2020 | ||
|---|---|---|---|
| Cash | in hand | 292,241 | 336,422 |
| Total | cash and cash equivalents | 292,241 | 336,422 |
| At 1 | At 31 | |||||||
|---|---|---|---|---|---|---|---|---|
| January | December | |||||||
| 2021 | Cash flows | 2021 | ||||||
| Cash | at | bank | and | in | hand | 336,422 | (44,181) | 292,241 |
| 336,422 | (44,181) | 292,241 |