| CONTENTS | PAGE |
|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION |
|
| REPORT OF THE TRUSTEES | |
| INDEPENDENT EXAMINERS REPORT |
|
| STATEMENT OF FINANCIAL ACTIVITIES | 10 |
| STATEMENT OF FINANCIAL POSITION | |
| NOTES TO THE FINANCIAL STATEMENTS | 12-16 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | 17 |
| CHARITY REGISTRATION | CHARITY REGISTRATION | CHARITY REGISTRATION | NUMBER: | NUMBER: | 1165654 | |||
|---|---|---|---|---|---|---|---|---|
| COMPANY | REGSITRATION | NUMBER: | 09666871 | |||||
| REGISTERED OFFICE: | 23 Canfield Road |
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| Woodford Green |
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| Essex | ||||||||
| IG8 8JL | ||||||||
| TRUSTEES; | Pauline Doyle |
|||||||
| Clive Makombera | ||||||||
| Andries Van Jaarsveld | ||||||||
| Ann Granger (appointed | October 2022) | |||||||
| BANKERS: | Barclays Bank | |||||||
| Notting Hill Gate |
||||||||
| Leicester | ||||||||
| Leicestershire | ||||||||
| LE87288 | ||||||||
| INDEPENDENT | EXAMINER | Allen Robyn and | Associates | Ltd | ||||
| Chartered Certified Accountants |
||||||||
| 367Caledonian | Road | |||||||
| London | ||||||||
| N7 9DQ |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| INCOMING RESOURCES |
Notes | Funds | Funds | Total | Total | |
| Incoming resources from generated funds | 2022 | 2021 | ||||
| Donations and Other Income |
60936 | 230695 | 291631 | 280 662 | ||
| RESOURCES EXPENDED | ||||||
| Charitable Activities |
93099 | 247 944 | ~341 | 281702 | ||
| TOTAL RESOURCES EXPENDED | 93099 | 247 944 | ~ | ~2 | ||
| NET INCOME/EXPENDITURE | FOR THE YEAR | (632,163) | (817,249) | (649,412) | (E1,140) | |
| RECONCILIATION OF FUNDS |
||||||
| Transfers between funds | 37,229 | (37,229) | ||||
| Total Funds Brought Forward | ~68088 | 294216 | 286128 | 287 268 | ||
| TOTAL FUNDS CARRIED | FORWARD | E239 '23II |
| FIXEDASSETS | Notes | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | E4087 | K6862 | |
| CURRENT ASSETS | |||
| Debtors | 2,004 | 1,628 | |
| Cash at bank and in hand | 237264 | g95 248 | |
| ~23 268 |
~76 | ||
| CREDITORS:within one year | 10 | ~639 | ~11 |
| Net Current Assets | ~6232 6 | E279 266 | |
| TOTAL ASSETSLESSLIABILITIES | |||
| FUNDS: | ~02 | ~202 | |
| Unrestricted Funds |
(3,022) | (8,088) | |
| Restricted Funds | 6239733 | E294216 | |
| KZ36~ | ~E2I6~ |
| Freehold | Property | Nil | |
|---|---|---|---|
| Furniture | and musical equipment | 20% | on cost |
| 2.VOLUNTARY INCOME | Unrestricted | Restricted | 2022 | 2021 |
|---|---|---|---|---|
| General Giving 8Grants |
60936 | 230695 | f291631 | f280 562 |
| 3.TOTAL CHARITABLE EXPENDITURE | Unrestricted | Restricted | 2022 | 2021 |
| Charitable expense |
72,201 | 221,672 | 293,873 | 253,803 |
| Support cost | 18,588 | 23,962 | 42,550 | 22,529 |
| Governance cost |
2310 | 2 310 | 4 620 | 5 370 |
| f93099 | f247 944 | f341043 | f281702 |
| FORTHE YEAR E | NDED 31STDECEMBER2022 | ||
|---|---|---|---|
| 4.SUPPORT COST | 2022 | 2021 | |
| Membership Ik affiliations |
1,317 | 348 | |
| Bank charges | 765 | 390 | |
| Insurance | 2,996 | 3,024 | |
| Communications | 461 | 446 | |
| Office, ITIk softwa res | 1,735 | 1673 | |
| Depreciation | 2,775 | 2775 | |
| Premises cost | 23,962 | 9491 | |
| Travel and transport | 5,976 | 3252 | |
| Staff related cost | 1,546 | ||
| Sundry expenses | 1017 | 1130 | |
| F42 550 | f22 529 | ||
| S.GOVERNANCE COST |
2022 | 2021 | |
| Accountancy and Examiners |
f4 620 | f5 370 | |
| 6.FIXEDASSETSCOST | Furniture d R«t |
~Ct | Total |
| At 1stJanuary 2022 | 13876 | 1345 | 15221 |
| As at 31st December 2022 | 13876 | 1345 | 15221 |
| DEPRECIATION | |||
| Opening Balance |
7,014 | 1,345 | 8,359 |
| Charge for the year | 2 775 | 2 775 | |
| 9789 | 1345 | 11134 | |
| SUPPORT COST | |||
| As at 31st December 2022 | f4 087 | fO | f4 087 |
| As at 31st December 2021 | f6862 | fO | f6 862 |
| B.EMPLOYMENT COSTS | ||
|---|---|---|
| 2022 | 2021 | |
| Salaries and wages | 125,998 | 108,192 |
| Social security costs | 2,845 | 1,142 |
| Pension costs | 9946 | 5388 |
| 9.DEBTORS | 2022 | ~202 | |||
| Debtors and Prepayments | |||||
| 10.CREDITORS: | within one year | ZOO, | 2021 | ||
| Other Creditors | |||||
| 11.MOVEMENTS | IN FUNDS | I~i R |
R E~dd |
Movement in Funds |
|
| Unrestricted | Funds | 660,936 | 693,099 | (632,163) | |
| Restricted Funds | E239693 | 6247 944 | ~617249 | ||
| LE42~412 | |||||
| Transfer | |||||
| between | Movement | ||||
| Analysis ofFunds | 1.01.2022 | funds | in funds | 31.12.2022 | |
| Restricted | 294,216 | (37,229) | (17,249) | 239,738 | |
| Unrestricted | GULA | 37229 | ~216 | ~3022 | |
| Total funds |
| Fund balances as | at31stDecember | at31stDecember | R~ti | t dF d |
Unrestricted | Funds | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Tangible assets | 4,087 | 4,087 | ||||||
| Current assets/ Current | Liabilities | 239 738 | ~7109 | 232 629 | ||||
| ~EZ 9~7 |
~E3 0 2 | ~~1 | ||||||
| , | t11(c).Analysis ofrestricted funds | 1. 1.2022 | IRCIIIn~In EgsnIKCea |
Resources E~dd |
Xrrnf r tuuns |
~3.~22 | ||
| Oakwood Hill Community |
Centre | 2,335 | 2,419 | (4,754) | ||||
| Grow Community Garden |
8,736 | 4,000 | 1,154 | (11,582) | ||||
| Night to Shine | 2,833 | 8,427 | 6,599 | 4,661 | ||||
| Willingale | 3,022 | 3,022 | ||||||
| Noah's Ark | 2,204 | 3,750 | 2,975 | (2,979) | ||||
| Holiday Club/Youth | Club | 3,930 | 20,378 | 6,394 | (17,914) | |||
| Essex Community Foundation |
5,000 | 5,000 | ||||||
| Zambia General | 121,688 | 44,087 | 64,465 | 101,310 | ||||
| Zambia Sponsorship | 125,197 | 53,839 | 82,538 | 96,498 | ||||
| Zambia Educational | Development | 24271 | 88795 | 80797 | 32269 | |||
| 6294216 | 6233693 | 6347 944 | ~637229 | ~623973 |
FORTHE YEAR ENDED 31S |
TDECEMBER2022 | |
|---|---|---|
| Incoming Resources: | 2022 | 2021 |
| Donations and legacies | ||
| General giving &grants - Restricted | 230,695 | 233,396 |
| Other Income - Unrestricted | 60936 | 47166 |
| Total incoming resources | ||
| RESOURCES EXPENDED: | ||
| Charitable Expenditures |
2022 | 2021 |
| Salaries and wages | 138,789 | 115,062 |
| Community projects |
27,581 | 19,976 |
| Zambia projects | 31,842 | 13,327 |
| Zambia grant | 17,500 | |
| Training and education | 93,878 | 84,529 |
| Welfare and donations | 1783 | 3409 |
| SUPPORT COST | ||
| Membership &affiliations |
1,317 | 348 |
| Banl& charges | 765 | 390 |
| Insurance | 2,996 | 3,024 |
| Communications | 461 | 446 |
| Office, IT&software | 1,735 | 1673 |
| Depreciation | 2,775 | 2775 |
| Premises cost | 23,962 | 9491 |
| Travel and transport | 5,976 | 3252 |
| Staffrelated cost | 1,546 | |
| Sundry expenses | 1017 | 1130 |
| ~22 2 |
||
| Governance cost | ||
| Accountancy and examiners |
||
| Total resources expended | ~6~14 | |
| Net expenditure | E4 412 |