OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Company number: 09583057 Charity number: 1164839

THE HUNGER PROJECT UK

TRUSTEES’ REPORT AND ACCOUNTS

31 December 2021

C O N T E N T S

C O N T E N T S
Page
REFERENCE AND ADMINISTRATIVE INFORMATION 1
TRUSTEES’ INTRODUCTION 2 - 4
TRUSTEES’ ANNUAL REPORT 5 - 13
INDEPENDENT EXAMINER’S REPORT 14
STATEMENT OF FINANCIAL ACTIVITIES 15
BALANCE SHEET 16
NOTES TO THE ACCOUNTS 17 - 23

THE HUNGER PROJECT UK

REFERENCE AND ADMINISTRATIVE INFORMATION

REGISTERED CHARITY NUMBER

1164839

COMPANY NUMBER 09583057

GOVERNING DOCUMENT

Memorandum and Articles of Association, as amended by Special Resolution on 26 July 2021.

TRUSTEES

Judith Pollock (Chair) (resigned 21 March 2022) Irena Tullis Monique Surridge Rob Shepherd (resigned 21 March 2022) Mandakini Lakhani Joanna Elliott

COMPANY SECRETARY

Elspeth Cox MVO

REGISTERED OFFICE

7 Bell Yard London WC2A 2JR

ACCOUNTANTS

Hazlewoods LLP Windsor House Bayshill Road Cheltenham GL50 3AT

BANKERS

Natwest Bank plc 88 Cromwell Road London SW7 4EW

Coop Bank CAF (Charities Aid Foundation) PO Box 250 25 Kings Hill Avenue Delf House Kings Hill Skelmersdale West Malling WN8 6WT Kent ME19 4TA

-1-

THE HUNGER PROJECT UK

TRUSTEES’ INTRODUCTION

The ongoing global Covid-19 pandemic pushed already vulnerable people further into hunger and poverty making the core tenets of The Hunger Project’s work more relevant than ever. What started as a health crisis quickly turned into a humanitarian crisis affecting lives and livelihoods. THP’s unique approach to unleashing people’s potential created the foundations for stopping the spread of Covid-19 in rural villages, and our village partners leveraged their years of leadership training with us on the village frontlines. We continued to support the leadership and resilience of our community partners in the face of challenges, equipping them with reliable information and connecting them with needed services.

This community-led response to COVID-19 has been different in each country. Please refer to the following link for the details: https://thp.org/news/community-response-to-covid/

For our local staff and village partners, while COVID-19 presented a significant challenge, some approached it as “yet another challenge” alongside their existing challenges of hunger, poverty, the impacts of climate change and more. The Hunger Project was able to continue some level of our usual programming (within the restrictions) throughout the year, and as a result our village partners celebrated some incredible achievements.

The global impact of THP during the pandemic has been strengthened through sustainable, longterm strategies which include:

Half a million leaders around the world.

The mighty force of 550,000 local volunteer leaders (Animators) trained by The Hunger Project were our greatest asset in confronting COVID-19. They are uniquely placed to respond to specific local needs because they’re already on the ground, they’ve built up trusting relationships over time, and they can identify the most vulnerable people in their communities. Through their established distribution network, they can easily and effectively reach every person in the villages they serve.

Activated leader mindset.

The years of training by THP directly prepared our village partners to ask themselves ‘what can I do right now?’ (rather than waiting for instruction) and mobilise into immediate action as frontline leaders in this crisis. They embodied the ‘leader mindset’ (instead of the ‘victim’ mindset) and felt empowered to rise to the challenge.

Minimal interruption.

The Hunger Project’s work continued with minimal interruption, thanks to our approach of putting people in the driver’s seat of their own development and of employing local staff. Despite lockdowns and international travel bans, planned activities were able to continue and new initiatives were introduced.

Partnership with others.

THP has always recognised the importance of partnership, and particularly now, given the scale of the issue, we needed to link in with local and national governments and other NGOs.

Human dignity.

Even in the face of a global pandemic, one of our core principles of Human Dignity has remained at the heart of all our decision-making and actions.

-2-

THE HUNGER PROJECT UK TRUSTEES’ INTRODUCTION (Continued)

Our rapid response to COVID-19 in numbers.

The impacts of the pandemic have also been felt on our work at The Hunger Project UK (“THPUK”). Lockdown restrictions have continued to prevent staff from accessing our offices and stopped us from running fundraising events. The UK fundraising environment has been impacted as people have faced uncertainty about their future and have been more motivated to respond to appeals addressing the impact of the pandemic close to home.

The pandemic continued to restrict our fundraising in 2021, so we continued running THP UK with a minimum staff. Since October 2020 and throughout 2021, we have been running a slimmed down operation with one part time administrative employee and with Trustees taking active roles in running the organisation on a pro-bono basis. This arrangement allowed us to manage THP-UK at minimum cost. Despite difficult economic circumstances, due to the swift action and dedication of volunteers, trustees, consultants, employees and donors, we ended the financial year 2021 with a profit of £86,305, with total funds carried forward of £134, 371. In comparison, in 2020, we made a small deficit of £151, and funds carried forward of £48,066. This result has put us on a strong financial footing, which will enable us to invest in staff and fundraising in 2022 and to increase our contribution to our charitable projects globally.

Our Charitable Activities

We continued to directly support THP’s programmatic work by managing the restricted grant funded programme Safe Choices for Deaf Girls in partnership with THP-Uganda, which successfully completed in June 2021. We returned the amount of £6,420 of underspent funds back to UK Aid.

Our improved cash position by the end of FY 2021 enabled us to transfer £20,000 of unrestricted funds to THP Global, our global headquarters, in support of unrestricted activities.

The following report details THP-UK’s achievements and financial results in 2021. During the year our net revenue was £147,558 (£132,985 in 2020).

It will take all of us to achieve the sustainable end of hunger. So, we were thrilled when the UN announced the Global Goals for Sustainable Development, including the goal of Zero Hunger.

Our efforts, as part of the THP global family, contributed to much broader outcomes as we seek to end hunger by 2030. THP tracks our work over years so we can observe changes in key impact areas within communities, allowing us to understand both areas of success and needed growth in our programs.

-3-

H￿ser is linked to a nexw of issw- ￿lY In addre them togdher L¥n any of them be801wl on a 8U8ts1￿1e bath. Here a￿ a frw dats higMisbts of our and bow our 21: THP rr8ined more than 44220 pe4¥le in income genuation Bnd ski]Is workStr￿s. THP trained nearly 47.611 peopk in f￿d sewity workshops Self.reliJnt epicentres Saw a 37% incrcase in compre1)ensi￿ ¢onett knowldge of HtVlAIDs for Fople ovu 15 years ol 42316 pwpl¢ aL%ively partscA in THP.gerratrd financial suyices. 63% of which Additionally. Since 2015, 27,738 Pe￿Ie have ￿ from functiODal adult literaq ¢lasses acr Since 2￿1, 1949)6 elected women w￿$￿￿YeS in Indiahave ￿ trainedto partic in ntral goveTnance and are bringing Wa￿ and eleLtricity to their villages Sincc2015.The HungerProieLxb&8 L￿￿tt￿Or JElwbllAtatcd I I P18 latriDcs aaY)ss eight Since 2015, 4P89 pwle wwe tiained in prticipaw ILX41 dernocw acro￿ rural. jndigenous communities in Mexico. global donors enabling others to take o)ntroI of their ovm lives and futures. By investing in people and pulting them in the thiving seat of their own develcomenL hunger can stsll rnd for 8crf and We ￿e pleased to re￿rt that THP.UK not eX￿rIenCed a lo&s in Te8ular donalions dwing this year. We are very to our loyal th)nirs of many year5, WIKJ continued to SUPFM)rt us thro￿Out the past two years of Ihe twknic and the SUp￿rt of new don0￿ who bave been inspired by our work. We hope that in part￿th￿. we can Lx>ntinue to THP.TJK to make an even greater IMW on ow WO￿ globally. Date".

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT)

The Trustees present their report and financial statements for the year ended 31 December 2021.

Structure, Governance and Management

The Hunger Project UK is a registered charity in England & Wales 1164839, a company limited by guarantee registered in England & Wales 9583057 and is governed by its Memorandum and Articles of Association. The Trustees, who are also Directors under company law, are appointed to the Board by existing Trustees, subject to there being no fewer than four Trustees at any one time. There have been no changes to Board positions in 2021. The Trustees all give their time to the charity on a voluntary basis and receive no remuneration. Out-of-pocket expenses may be reimbursed.

The Trustees meet approximately every six weeks in person or by zoom, to discuss matters relevant to the charity. They work with the Country Director to develop long term strategic plans for the charity and agree an annual workplan and budget. Responsibility for the implementation of the plans and for day-to-day operations is delegated to the Country Director and her team.

Year 2021 continued to be marked by the Covid-19 pandemic, social distancing and economic uncertainty. As fundraising activity remained at low levels, trustees had to continue to operate the charity in order to minimise costs. As salaries had in the past, represented 90% of our cost base, Trustees continued to work pro bono for THP UK and covered the main operations of the charity: fundraising, marketing & communications, IT and finance.

In April 2021, the UK government-initiated Kickstart, a scheme providing financial support to employers who would employ young people 16–24-year-olds on Universal credit, who are at risk of long-term unemployment. THP UK employed one part-time member of staff for a period of 3 months.

In October 21, we hired a part time Virtual Assistant/ Marketing Manager, supporting the Board on marketing, fundraising and communication with donors.

We have been very fortunate to have several volunteers who have come forward to help us this year with our databases, overall operations and our Unleashed Women fundraising campaign.

Trustees are confident that maintaining significantly reduced costs and our focus on increasing efficiencies in the donor databases, operating systems and communications has put THP on a solid footing and set the charity up for a strong start in 2022.

THP-UK is affiliated with The Hunger Project (THP), a global organisation, comprising a lead organisation in the USA, partner countries (of which the UK is one) dedicated to advocacy and fundraising and 13 programme country offices leading our work on the ground in Africa, SE Asia and Latin America. THP-UK is an independently incorporated organisation in the UK and its relationship with THP is governed by a Global Partnership Agreement. The Board Chair and the Country Director regularly engage in committees and meetings to address global strategy, fundraising and co-ordination.

-5-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

Objectives, Activities and Achievements

THP is a strategic organisation and a global movement which has been in operation for more than 40 years to develop and disseminate effective strategies to end world hunger and poverty.

Our Vision

A world where every woman, man and child lead a healthy, fulfilling life of self-reliance and dignity.

Our Mission

To end hunger and poverty by pioneering sustainable, grassroots, women-centred strategies and advocating for their widespread adoption in countries throughout the world.

The activities of THP-UK are specifically restricted to advancing the following charitable objectives:

  1. To advance the education of the public in subjects relevant to world hunger and starvation

  2. To promote and assist in the provision of educational research which is likely to be of assistance in relieving poverty and hunger in any part of the world

  3. To assist in the eradication of world hunger and starvation by providing or assist in providing, financial and practical support for the people in any part of the world who are in need and who are hungry.

THP works to break the cycle of poverty. We believe hungry people themselves are the key to ending hunger. In partnership, we unleash their vision, commitment, and leadership so they can feed themselves and their families.

THP’s approach is different from the conventional top-down planning used by many development agencies and governments. These top-down approaches follow a service-delivery model and often fail to utilise our most important resource: the creativity and self-reliance of people living in conditions of hunger and poverty themselves. We do not give hand-outs but instead, a hand–up based on a holistic approach centred on people and their community’s needs and aspirations.

Working on the ground in Africa, South Asia, and Latin America, THP’s programmes empower people to create lasting, society-wide progress. They address the causes and impacts of endemic hunger and poverty in a holistic way including health, education, nutrition, family income, gender equality, and environmental sustainability.

Our Principles:

1. HUMAN DIGNITY

All human beings are born free and equal in dignity and rights, including the right to food, health, work, and education. We must not treat people living in conditions of hunger as beneficiaries, which can crush dignity, but rather as the key resource for ending hunger.

-6-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

2. GENDER EQUALITY

Women bear the major responsibility for meeting basic needs, yet are systematically denied the resources, freedom of action and voice in decision-making to fulfil that responsibility. An essential part of ending hunger must be to cause society-wide change towards gender equality.

3. EMPOWERMENT

In the face of social suppression, focused and sustained action is required to awaken people to the possibility of self-reliance, to build confidence, and to organise communities to take charge of their own development.

4. LEVERAGE

Ending chronic hunger requires action which catalyses large-scale systemic change. We must step back regularly – assess our impact within the evolving social/political/ economic environment – and launch the highest leveraged actions we can meet this challenge.

5. INTERCONNECTEDNESS

Our actions are shaped by and affect all other people and our natural environment. Hunger and poverty are not problems of one country or another but are global issues. We are all global citizens, working as equal partners in a common front to end hunger.

6. SUSTAINABILITY

Solutions to ending hunger must be sustainable locally, socially, economically, and environmentally.

7. SOCIAL TRANSFORMATION

People’s self-reliance is suppressed by conditions such as corruption, armed conflict, racism and the subjugation of women. These are all rooted in an age-old and nearly universal patriarchal mindset that must be transformed as part of a fundamental shift in the way society is organised.

8. HOLISTIC APPROACH

Hunger is inextricably linked to a nexus of issues including decent work, health, education, environmental sustainability and social justice. Only in addressing these together will any of them be solved on a sustainable basis.

9. DECENTRALISATION

Individual and community ownership of local development is critical. Actions are most successful if decisions are made close to the people. This requires effective national and local government working in partnership with the people.

10. TRANSFORMATIVE LEADERSHIP

Ending hunger requires a new kind of leadership: not top-down, authority-based leadership, but leadership which awakens people to their own power – leadership “with” people rather than leadership “over” people.

-7-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

The Hunger Project UK in 2021:

THP UK supports the activities of THP Global primarily through fundraising and advocacy. Selected highlights of our achievements in 2021 against our 3 core objectives are described here:

OBJECTIVE 1: Contribute towards ending hunger and poverty by 2030 through financial contribution and support to projects in programme countries.

THP-UK carries out a series of fundraising activities to secure donations from individuals, community groups and companies in support of its education and advocacy activities in the UK and THP programmes worldwide.

Safe Choices for Deaf Girls

THP-UK began managing its first UK Aid (British Government) grant funding in 2019 for a programme to improve sexual and reproductive health services and outcomes for deaf girls in Uganda. The 2-year grant funds’ activities were implemented by THP Uganda.

It was a significant achievement for THP-UK to meet the due diligence requirements and secure an international development grant of this nature. In early 2020, some of the programme activities had to be put on pause due to COVID-19 and were replaced by COVID-19 prevention initiatives. A grant extension was agreed to allow for the completion of programme activities.

In 2021, we continued to directly support THP’s programmatic work by managing this restricted grant funded programme Safe Choices for Deaf Girls in partnership with THP-Uganda, which successfully completed in June 2021. We returned the amount of £6,420 of underspent funds back to the UK Aid. We are currently awaiting confirmation from UK Aid on completion of their final audit.

The outcomes of the programme achieved:

Agro-Ecology Program

In this report, we would also like to share an update on the positive impact of a £15,000 grant by Treasanthon Trust, which THP UK received and transferred to THP Uganda in 2020.

-8-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

The grant has been split for the following work in Uganda: £10,000 was used for Covid 19 relief work and £5,000 towards scaling up Agro-ecology for food sovereignty and environmental sustainability. The Agro-ecology programme in Uganda started in 1999 and is still ongoing.

To mitigate the effects of climate change, THP-Uganda works with rural farming communities to adopt climate-resilient and sustainable farming practices. Specifically, many epicenters in Uganda encourage a practice called agro-ecology, where farmers create a sustainable relationship between plants, animals, people, and nature for the benefit of all. One of the key practices of agro-ecology is to avoid using harsh pesticides or chemical fertilizers that can harm the ecosystem and instead use locally made organic materials. Many farmers now make organic fertilizers and pesticides at home.

THP-Uganda has established demonstration gardens at the epicenters where agroecology is practiced which has increased adoption. Additionally, farmers have seen that the cost of production has been substantially reduced, as they are able to preserve seeds from the past season and no longer have to spend on buying manufactured fertilizers.

This program is community led, using Epicenter Strategy. Through the epicenter strategy typically 5,000-15,000 people are brought together as a cluster of rural villages – giving villages more clout with local government than a single village is likely to have and increasing a community’s ability to collective utilise resources.

OBJECTIVE 2: Raise public awareness of international development, THP’s empowerment approach and the role of individuals in ending hunger and abject poverty.

Throughout 2021 we shared updates on THP’s global programmatic work, disseminated infographics, case studies and developments relating to hunger and poverty to our constituency of supporters through newsletters and social media channels.

Our fundraising activities had to be adjusted on the back of the Covid 19 pandemic and we refocused from events-led fundraising to directly approaching corporates, foundations, and our loyal donor base:

Corporate & Foundation donations

We are grateful for the total of £16,727 of unrestricted funds which were raised from Faberge UK Limited, Work For Good Ltd, Liden Myers Solicitors, Canon Sharples CoE Primary & Nursery school, just to list a few.

Individual Donors

We are also grateful to our long-term regular donors, schools, foundations and other individual donors who fundraised for THP UK throughout the year. In 2021 they donated the total of £84,347. This is a great result under difficult circumstances.

Fundraising Campaigns

Unleashed Women:

THP-UK decided to relaunch the Unleashed Women campaign in 2021 as a networking movement for women in leadership. It has gained a lot of traction and attracted new Unleashed Women who have joined the community.

The Unleashed Women campaign is not only raising valuable funds for THP-UK but enables the organisation to educate the public on the pivotal role of women and girls in ending hunger and extreme poverty.

-9-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

Each Unleashed Woman acts as a catalyst to mobilise her colleagues, peers, friends, and relatives, advocating and campaigning for women and girls’ empowerment through their fundraising activities and social media. We are grateful to all our current Unleashed Women and supporters, including companies such as One of Many, renewing their commitment and creating inspirational fundraising and awareness raising initiatives.

Throughout 2021, we organized Rethinking What’s Possible workshops under the banner of our “Unleashed Women” movement. This is a THP leadership and self-improvement course, which focuses on shifting mindsets and empowering people to make a greater impact in their own lives by learning from the empowered women in the villages in which we work. Women attending these courses have an opportunity to become Unleashed Women by investing in THP-UK and potentially becoming long term ambassadors for us. Funds raised through these leadership sessions are being invested in “women only focused activities” in THP Programme countries. In 2021, we raised £8,000 from Unleashed Women activities.

Giving Tuesday:

THP-UK’s Giving Tuesday campaign raised £3,850 from its donor base in 2021.

Giving Tuesday is a global day of giving and is a day when people are encouraged to do good. Over the last decade, this idea has grown into a global movement that inspires people to give, collaborate and celebrate generosity.

The aim of THP’s campaign was to highlight the importance of mindset change, empowerment and training not only in the corporate world but also as part of sustainable solutions to end hunger and poverty and achieve the Sustainable Development Goals. As part of the campaign, coaching professionals supported The Hunger Project’s approach and strategy through social media and raised funds by donating a portion of their income on the day.

OBJECTIVE 3: To be a more efficient and more effective organisation.

In 2021 we continued to invest time and resources in making significant improvements to THPUK’s governance and operational procedures, in order to create a more streamlined operation and bring down costs even further.

In a difficult and economically uncertain climate, where fundraising activities by small charities like ours was challenging, we remained focused on maintaining low operational costs, investing in improving IT efficiencies:

.

-10-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

Public Benefit:

The Trustees confirm that they have complied with their duty under the Charities Act 2011, to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity.

Going Concern:

The Trustees use the going concern basis of accounting in the preparation of the financial statements. Having undertaken a major cost cutting and restructuring exercise in 2020, the average monthly running costs were reduced to around £2,500 by the end of 2020. Throughout 2021, with increased fundraising, we were able to hire consultants, which resulted in the average monthly running costs being increased to £5,000. We finished the financial year with £134,371 cash surplus.

The Board agreed that from 2022, the minimum cash reserve maintained will be £60,000. In the unlikely scenario that all donations and one-off fundraising ceases, THP–UK will have sufficient cash reserves to continue paying its obligations for at least 12 months.

Volunteers:

Each year THP-UK benefits from the support of volunteers and interns, who support our work both in the office and at our events. Volunteers are unpaid, but their travel expenses and a meal allowance are reimbursed on provision of receipts. During 2021, we benefited from the support of 4 volunteers and interns.

Financial Review

The charity remained solvent throughout the year and had sufficient resources at the end of the year to meet foreseeable expenses. The financial year ended in a cash surplus of £�������, a considerable improvement on the previous year. THP-UK benefitted from cash reserves built in the previous years, and £86,305 fundraising in addition to crucial costs savings achieved during the year, largely a result of the pro-bono work carried out by the Trustees. We were able to distribute £20,000 of funds to support program activities through THP Global.

General donations

THP-UK thanks its generous supporters who gave the total of £153,978 (£132,985 in 2020) during the course of the year. Our fundraising activities had to be adjusted during lockdowns and social distancing. As many other charities, we had to refocus our activities from events-led fundraising to directly approaching corporates, foundations, and our loyal donor base.

Corporate & Foundation donations:

We are grateful for the total of £16,727 of unrestricted funds which were raised from Faberge UK Limited, Work For Good Ltd, Liden Myers Solicitors, Canon Sharples CoE Primary & Nursery school, just to list a few.

Individual Donors:

We are also grateful to our long-term regular donors, schools, foundations and other individual donors who fundraised for THP UK throughout the year. In 2021 they donated the total of £84,347. This is a great result under difficult circumstances.

Fundraising Events:

In 2021, we raised £8,000 of funds through our newly launched Unleashed Women campaign. This included funds raised from the “Rethinking What’s Possible” workshops.

In December last year we ran The Giving Tuesday campaign, which raised £3,850. The donations are captured under the Individual donors above.

Both events raised a total of £11,850 (£6,542 in 2020).

-11-

THE HUNGER PROJECT UK

TRUSTEES’ ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) (Continued)

Unfortunately, our annual World Hunger Day fundraising event was cancelled due to lockdown and social distancing (it raised £6,542 in 2020).

UK Government grants.

In 2021 THP UK did not receive any new government grants to finance projects in program countries.

Support to programmes from Trusts and Grants:

In 2021, we continued to directly support THP’s programmatic work by managing the restricted grant funded programme Safe Choices for Deaf Girls in partnership with THP-Uganda, which successfully completed in June 2021. We returned the amount of £6,420 of underspent funds back to the UK Aid.

Gift Aid

THP-UK makes all reasonable efforts to secure Gift Aid on donations it receives, where donors’ consent. Gift Aid claims raised £13,801, which included reclaiming monies due from the previous year (£6,650 in 2020).

Charitable expenditure

Total expenditure was £61,253 (£133,136 in 2020). Expenditure on charitable activities was £26,107 (£72,155 in 2020), representing 42% of total expenditure in 2021.

Fundraising

Costs of raising funds were £35,146 (£60,981 in 2020), with an associated income of £126,776 (£96,978 in 2020). £3.58 was raised for every pound spent on fundraising. (£1.59 in 2020).

Investment Policy

The charity’s powers of investment are set out in the Articles of Association and are vested in the Board of Trustees. The investment strategy is set by the Trustees and is subject to the sufficiency of funds to meet the ongoing administration of the charity. Any funds surplus to this are transferred to THP global office to support programmes in the field. Therefore, there has been no investment income.

Reserves Policy

On 31[st] December 2021, THP-UK held £134,371 (£48,066 in 2020) in cash. As per the Board’s decision, it was agreed to hold the minimum reserve of £60,000. The Trustees regularly review the level of reserves held by the charity to ensure they are sufficient. Given the nature of the charity, the Trustees do not believe it is necessary to hold significant levels of reserves; sufficient reserves are held to cover up to six months of normal expenditure.

Plans for the Future

The charity intends to continue raising the maximum funds possible for THP’s work in the developing world, promoting public knowledge and understanding of hunger related issues, building alliances in development forums as well as in partnership with like-minded organisations and sponsors. As a small to mid-sized charity, we constantly seek to raise funds to support these activities in the most cost-effective way. Funds are raised through a diverse portfolio of activities including individual donations, corporate donations, sporting challenges, events and grants from trusts and foundations, so that THP-UK is not overly reliant on a single income stream.

-12-

THE HUNGER PROJEcf UK TRUSTEES. ANNUAL REPORT (tNCLUDING DIRECTORS? REPORT) {Continued) Following two years of costs cutting and careful cost management. THP UK is well positioned to enter year 2022 with a growth stralcgy in line which includcs pulting in place 8 wcII-qualifi¢d team which will focus on diversified fjjndrnising. promotion of our charitablc work amongst our donors and working closely with OUT Global team. both in partner and progranune countries. We aim to forniulate and begin to implement & new 5-year Straiegy for THP UK in line with th¢ new TFIP Global 5-year strategy. wFAich is currently being fomiul8ted for 2022. Risk Management The TrustCC5 have kept under consideration the major strategy. business. and opcrational risks that the charity face5 and confiTm that systems bave becn established to enable their regular review by the Board. The impact of any risks can therefore be Jssessed, and the necessary steps taken to mitigate those risks. Accounting and Reporting RespoDsibilities The DirectOTS are responsible for preparing the Dire£tors' Report and the accounts ID accordance with applicable law and regulations. Company law requires the Directors to prepare a￿luntS for each financial year. Under that law the Directors have elected to prepare the accounts in accordance with Uniled ￿ngdOrn Generally Accepted Accounting Practice (United Kingdorn Standards and applicable law). Under cotupany law the Directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In prepaTing these accounts. the Directors are required to: select suitable accounting policies and apply them consistently ll￿k¢ judgements and estimates that are reasonable and prndent prepare the accounts on the going con¢ern basis Unless it is inappropriate to assume that the company will ¢ontiDue in business. The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasor￿b1e accuracy at any time the financial position of the compaThy and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and bence for iaknng reasonable step5 for the prevention and detection of fraud and other irregularities. This report has been prepared ID accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. For and on behalf of the Board of Trustees Irena TuLIis Treasurer

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE HUNGER PROJECT UK

I report on the accounts of The Hunger Project UK for the year ended 31 December 2021, which are set out in pages 15 to 23.

Respective responsibilities of Trustees and examiner

The Charity’s Trustees (who are also the directors of the company for the purposes of Company Law) are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the Act) and that an independent examination is needed. No audit is required under Part 16 of the Companies Act. It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention to indicate that:-

…………………………. Scott Lawrence FCA HAZLEWOODS LLP Chartered Accountants Windsor House Bayshill Road Cheltenham GL50 3AT

Date……………………… 29 September 2022

-14-

THE HUNGER PROJECT UK

STATEMENT OF FINANCIAL ACTIVITIES (including summary income and expenditure account)

For the year ended 31 December 2021

Note
INCOME AND
ENDOWMENTS FROM:
Donations and legacies
4
Charitable activities
4
TOTAL INCOME
EXPENDITURE ON
Raising funds
5
Charitable activities
5
TOTAL EXPENDITURE
NET MOVEMENTS IN FUNDS
Transfers between funds
Net movement in funds
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD
Unrestricted
Funds
£
133,196
20,782
153,978
35,146
26,107
61,253
92,725
(6,420)
86,305
48,066
134,371
Restricted
Funds
£
(6,420)
-
(6,420)
-
-
-
(6,420)
6,420
-
-
-
Total
2021
£
126,776
20,782
147,558
35,146
26,107
61,253
86,305
-
86,305
48,066
134,371
Total
2020
£
126,029
6,956
132,985
60,981
72,155
133,136
(151)
-
(151)
48,217
48,066

-15-

THE HUNGER PROJECT UK Charity no. 1164839 Company no. 09583057 BALANCE SHEET 31 December 2021 Note 2021 2020 CURRENT ASSETS Debtors Cash at bank 3.035 135,466 4,036 46,071 138.501 50,107 LIABILITIES Creditors- due within one year NET CURRENT ASSETS io (4.130) (2.041) 134,371 48,066 NET ASSETS EMPLOYED 134 371 48.066 REPRESENTED BY: Restricted Funds Unrestricted Funds 134,371 48.066 TOTAL FUNDS CARRIED FORWARD 134 48,066 The Company was enlitled to ¢x¢mption from audit under Section 477 of the Companies Act 2(K)6 relating to small companies. The members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2(K)6. The Directors acknowledge their responsibilities for complying with the r¢quirement5 of the Companies Act with rtspect to accoulltitig records and the preparation of accounts. These accounts have been prepared in accordance with ihe special provisions applicable to small companies subjcct to the small compaDi&s' regime in accordance with FRS 102 SORP. Irena Tullis Date -16-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS For the year ended 31 December 2021

1 GENERAL INFORMATION

The company is a private company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is: JMJ Associates Building 5, 566 Chiswick High Road London Chiswick Park Chiswick W4 5YF

2 ACCOUNTING POLICIES

The accounts are prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Companies Act 2006 and the Charities Act 2011.

The Charity constitutes a public benefit entity as defined by FRS 102.

Incoming Resources

Donations, gifts and legacies represent amounts received during the year, together with any associated tax refund. Gifts in kind for use by the Charity are recognised as incoming resources when receivable at a reasonable estimate of their value. Assets given for distribution are only recognised when distributed.

Grants receivable for specific purposes are credited to the statement of financial activities in the year to which they relate as soon as conditions for receipt have been met. Unspent balances are carried forward to subsequent years within restricted funds.

Grants for immediate financial support, or received against costs previously incurred are recognised immediately in the Statement of Financial Activities. Voluntary income is shown gross before deduction of fund-raising expenditure.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

Grants Payable

Grant expenditure is recognised only when the grants become payable. Grants approved for payment in future years are disclosed as commitments, but not recorded as expenditure until they become due for payment.

-17-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS

For the year ended 31 December 2021

2 ACCOUNTING POLICIES (Continued)

Resources Expended

All expenditure is accounted for under the accruals concept. The irrecoverable element of Value Added Tax is included within the item of expense to which it relates.

Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Expenditure on charitable activities includes governance, administration, support to THP’s field offices, management of grants and reporting, promoting awareness of international development, or promoting THP’s strategies to the UK community and campaigns.Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Funds

General unrestricted funds comprise accumulated surpluses and deficits on general activities. They are available for use at the discretion of the Trustees in furtherance of the Charity’s objectives. Restricted funds are funds subject to specific conditions imposed by the donor(s).

Going concern

The Trustees have considered the future of the Charity and its ability to continue, and consider that there is no material uncertainty about the charity’s ability to continue.

3 TRUSTEES AND REMUNERATION AND EXPENSES

None of the Trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

No reimbursement of expenses has been made or is due to be made to any of the Trustees in respect of the year.

-18-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS

For the year ended 31 December 2021

4 INCOMING RESOURCES

Donations and legacies
THP Uganda
General donations
Gift Aid recoverable
Corporate donations
Events
Government grants
Unrestricted
funds
£
-
84,347
13,801
16,727
8,613
9,708
133,196
Restricted
funds
£
-
-
-
-
-
(6,420)
(6,420)
Total
£
-
84,347
13,801
16,727
8,613
3,288
126,776
Total
2020
£
13,500
68,232
6,650
3,627
6,542
27,478
126,029

In 2020, £29,051 of donations and legacies related to restricted funds. The remaining £96,978 related to unrestricted funds.

Government grants included grants from the local authority in relation to Coronavirus support, and the Kickstart Scheme.

Charitable activities
World Hunger Day
Unleashed Women
Unrestricted
funds
£
75
20,707
20,782
Restricted
funds
£
-
-
-
Total
£
75
20,707
20,782
Total
2020
£
3,417
3,539
6,956

All income from charitable activities in 2020 related to unrestricted funds.

-19-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS

For the year ended 31 December 2021

5 EXPENDITURE

Note
Costs of raising funds
Salaries, temporary staff and
consultants
7
Costs of events and challenges
Fundraising and networking
Support costs
6
Expenditure on charitable
activities
Salaries, temporary staff and
consultants
7
Grant management
Programme funding
Support costs
6
Unrestricted
funds
£
13,566
1,050
-
20,530
35,146
4,982
-
21,125
-
26,107
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
Total
£
13,566
1,050
-
20,530
35,146
4,982
-
21,125
-
26,107
Total
2020
£
58,958
88
210
1,725
60,981
34,496
1,978
22,053
13,628
72,155

Costs of raising funds in 2020 all related to unrestricted funds. In 2020, expenditure on charitable activities constituted £30,231 in relation to restricted funds, and £41,924 in relation to unrestricted funds.

Support costs have been allocated between fundraising costs and charitable activities based on which costs relate to those respective activities.

-20-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS For the year ended 31 December 2021

6 SUPPORT COSTS

Rent of office
Insurance
Volunteer expenses
Bank charges and interest
IT and website costs
Printing, postage and stationery
Independent examination fees
Accountancy fees

Professional fees
Bookkeeping fees and payroll costs
Subscriptions
Small office equipment
Sundry costs
Unrestricted
funds
£
924
365
-
2,138
2,394
214
1,200
1,940
1,460
6,220
3,475
-
200
20,530
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
£
924
365
-
2,138
2,394
214
1,200
1,940
1,460
6,220
3,475
-
200
20,530
Total
2020
£
1,410
740
99
1,452
605
370
780
780
3,887
1,416
3,003
704
107
15,353

*There were no other services provided by, or fees paid to, the independent examiner.

7 STAFF COSTS

Gross salaries
Redundancy costs
Employer’s NI net of Employment Allowance
Employer’s pension contributions
Freelancers and consultants
2021
£
7,700
-
-
108
7,808
10,740
18,548
2020
£
62,333
8,000
2,369
1,514
85,874
19,238
93,454

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. During the year, the charity employed 1 person (2020: 2 people). Staff costs have been allocated between fundraising costs and charitable activities based on time spent on those respective activities.

-21-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS For the year ended 31 December 2021

8 TRUSTEES’ REMUNERATION AND EXPENSES

During the year none of the Trustees have been paid any remuneration or received any other benefits from an employment with the Charity or a related entity.

During the year reimbursements totalling £308.50 (2020: £nil) were paid to two Trustees for out-of-pocket expenses.

9 DEBTORS

10
CREDITORS - due within one year
11
STATEMENT OF MOVEMENTS ON FUNDS
2021
Unrestricted
funds
£
Funds brought forward
48,066
Net incoming resources for the year
92,725
Transfers between funds
(6,420)
Funds carried forward
134,371
Prepayments and accrued income
Trade creditors
Accruals and deferred income
Taxation and social security
Other creditors
Restricted
funds
£
-
(6,420)
6,420
-
2021
£
3,035
2020
£
747
3,324
59
-
4,130
Total
2021
£
48,066
86,305
-
134,371
2020
£
4,036
2020
£
-
1,881
-
160
2,041
Total
2020
£
48,217
(151)
-
48,066

Movement on restricted funds were as follows:

Deaf girls Uganda
clawback of income
Funds
brought
forward
£
-
-
Income
£
(6,420)
(6,420)
Expenditure
£
-
-
Transfer
6.420
6,420
Funds
carried
forward
£
-
-

-22-

THE HUNGER PROJECT UK

NOTES TO THE ACCOUNTS

For the year ended 31 December 2021

10
STATEMENT OF MOVEMENTS ON FUNDS (Continued)
2020
Unrestricted
funds
Restricted
funds
£
£
Funds brought forward
47,037
1,180
Net incoming resources for the year
1,029
(1,180)
Funds carried forward
48,066
-
Total
2020
£
48,217
(151)
48,066
Total
2019
£
41,026
7,191
48,217

Movement on restricted funds were as follows:

Uganda Covid 19
Uganda agroecology
Deaf girls Uganda
Grant management
Funds
brought
forward
£
-
-
-
1,180
1,180
Income
£
9,000
4,500
15,551
-
Expenditure
£
9,000
4,500
15,551
1,180
30,231
Funds
carried
forward
£
-
-
-
-
29,051 -

12 RELATED PARTY TRANSACTIONS

There were no related party transactions during the year.

-23-