Charity number: 1171517
MANDELA8 Independently Examined Accounts FOR THE YEAR ENDED 31/03/2023
Prepared By: Harvey Guinan LLP Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool Merseyside L19 2PH
MANDELA8
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2023
TRUSTEES
Sonia Bassey MBE Paul Duhaney David McTague Dawn Morris (resigned)
REGISTERED OFFICE
The Womens Organisation 54 St James Street Liverpool L1 0AB
CHARITY NUMBER
1171517
BANKERS
Santander UK
INDEPENDENT EXAMINER - Julie Guinan FCCA
Harvey Guinan LLP Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool Merseyside L19 2PH
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MANDELA8
ACCOUNTS FOR THE YEAR ENDED 31/03/2023
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Statement | 10 |
| Statement of Financial Activities | 11 |
| Balance Sheet | 12 |
| Notes to the Accounts | 13 to 18 |
| Detailed Statement of Financial Activities | 19 |
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
INTRODUCTION
The trustees present their report and accounts for the year ended 31/03/2023
2021/22 has been a significant year for the Mandela8 group, seeing valuable progressions with the memorial, the Mandela Family, and our collaborators as the charity's aims and ambitions are pursued.
Mandela8 became a Registered Charitable Incorporated Organisation on 7 February 2017 - Charity Registration number 1171517.
BACKGROUND
The campaign to commemorate the life of Nelson Rolihlahla Mandela was established in December 2013 in response to an overwhelming feeling within the community and around the world for a lasting legacy to be established in his memory. The campaign has been supported from inception by Liverpool City Council and was endorsed by the Nelson Mandela Foundation in November 2016 when they officially announced their patronage at our launch event in November 2016.
Mandela's death in 2013 brought local people in Toxteth, Liverpool 8 together, gathering at the gates of Princes Park. An informal memorial sprung up as people left tributes at the gates. People began speaking for the first time about the need for a permanent memorial, the first conversations that led to what is now Mandela8.
The requirements of the location for the memorial to represent the values Nelson Mandela stood for and it being a reflective space; not on main thoroughfare; provides safe access; enough space to perform; be creative; enable educational use and be big enough to accommodate significant numbers of visitors and tourists was paramount. Research and consultation identified The Island in Princes Park, Liverpool 8 as the ideal location for the memorial due to synergies with Mandela's incarceration on an island; significance of a former bridge; and opportunities to create linkages.
This was endorsed on a site visit by the Nelson Mandela Foundation in 2016. Stakeholders include:
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Liverpool City Council, especially its Culture, Parks and Environmental Services units and tourism unit Marketing Liverpool
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Young arts commissioners from Tiber Young Peoples Project in Toxteth and other community organisations
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North West Trade Union movement
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Facebook members (currently 1900+)
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Friends of Princes Park Group
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Local Primary and Secondary Schools
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
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Major cultural organisations including Africa Oye
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Housing associations
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Facebook Group members (2100+)
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Twitter followers (2200+)
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Instagram followers (900+ followers)
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was as described in the Governing Document
OBJECTS AND ACTIVITIES OF THE CHARITY
The purposes of the charity as set out in its governing document
The Charity's objects are:
1) To advance arts, culture and heritage in Princes Park and the surrounding areas of Liverpool 8 for public benefit through the installation of a memorial to Nelson Mandela and a series of educational programmes promoting diversity.
2) To undertake educational programmes to improve life chances of individuals of all ages.
3) To alleviate poverty.
STRUCTURE GOVERNANCE AND MANAGEMENT
The charity's organisational structure:
In the year under review the Charity had four trustees all of whom are volunteers and who met together approximately every eight weeks. The trustees have overall control and responsibility for policy and major decision making.
Day to day management and responsibility for implementing policies is carried out by the trustees.
The main activities undertaken in relation to those purposes during the year:
To accomplish its main objective the Charity actively promotes and undertakes events and fundraising activities to secure resources towards the installation of the memorial as a legacy to promote diversity, equality and social justice to become the focal point for a series of future educational programmes.
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
The main activities undertaken during the year to further the Charity's purpose for public benefit:
Ongoing work to fulfill installation on the memorial and continued delivery of our educational programmes to promote diversity, equality and social justice including: Inclusive Companies' Webinars, the My 67 Minutes programme, the Angela Holligan Book Scheme, The Young Media Group film project – The Active Ingredients of Liverpool.
The short and longer term aims and objectives:
The objectives of the Charity are:
1) To establish a permanent artwork, in Princes Park, Toxteth, Liverpool, to celebrate and commemorate Nelson Mandela's outstanding achievements for humanity. The installation will reflect Mandela's life, his love of gardens and horticulture, his teaching and passion for equality and humanity. It will also provide space for learning, events, and reflection. Integrating Nelson Mandela's words into the artwork will be a powerful way to tell the narrative and communicate his messages and relevance to Toxteth, Liverpool and wider society today.
2) To develop a series of educational projects and programmes. The artwork will act as a focal point to embed and advance Nelson Mandela's legacy and values through the development and delivery of education projects for people of all ages - in social inclusion, community cohesion, anti- terrorism, and the importance of citizenship in today's society. These programmes and projects will be supported by interactive resources such as films, educational toolkits, and a website.
3) To develop a range of partnerships and collaborations with local, national, and international organisations to enable the charity to achieve its aims.
4) To undertake educational programmes to improve life chances of individuals of all ages.
5) To alleviate poverty.
REVIEW OF ACHIEVEMENTS AND PERFORMANCE
Mandela8 has realised a number of significant milestones to further the work during this 2022-23 financial year, including:
April 2022
Mandela8 announced two esteemed community leaders and activists as their newest patrons. Maria O'Reilly and Wally Brown both joined the organisation ahead of the Mandela family's visit to Liverpool later in the year.
A new mural inspired by Nelson Mandela was commissioned by Mandela8 and created by John Culshaw, transforming the beginning of Princes Avenue. Locals saw the mural develop day-by-day on the feature wall of the Kuumba Imani Millennium Centre with a wave of excitement building until its completion. The end result is a stunning tribute with a strong message from Mandela himself – education is the most powerful weapon you can use to change the world.
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
Our Active Ingredients of Liverpool film premieres as part of the Liverpool Against Racism series of events.
July 2022
Nelson Mandela's daughter Dr Maki Mandela and his granddaughter, Tukwini Mandela returned to Liverpool for a week-long series of activities, including:
– A private, invitation-only civic reception at the Town Hall hosted by the Lord Mayor of Liverpool, Councillor Roy Gladden
– A special An Audience With event at St George's Hall with the Mandela family in conversation with the anti-apartheid activist Lord Peter Hain. Hosted by author Marcus Ryde MBE.
– A black tie gala dinner at the Hilton Hotel for an evening of live entertainment and fundraising.
– A Freedom Festival in Princes Park with live music performances and community workshops.
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Maki and Tukwini took a visit to the Museum of Liverpool to view the Liverpool 8 Against Apartheid display, which tells the story of how Liverpool's Black community supported the anti-apartheid campaign in the 1980s.
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The Mandela family and members of the Mandela8 Board visited Crosby Memorials where the new memorial's stones are being engraved. Both Maki and Tukwini Mandela assisted in the engraving of a stone featuring a quote from Nelson Mandela himself.
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The day before the Mandelas' arrival, Liverpool officially marked Mandela Day (18 July) with hundreds of school children parading down Princes Avenue into Princes Park and ending with speeches and a community picnic. The day also saw the city host the Commonwealth Games Baton Relay which was paraded down the Avenue by nominated baton bearers.
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Mandela8 also promoted its annual Acts of Kindness programme across the LCR.
October 2022
Mandela8 partner with HSP Presents on a Liverpool show with BCUC at District.
November 2022
Mandela8 announced as a partner of the 9th edition of Doc'nRoll Film Festival, supported by BFI, bringing the film This Is National Wake – the story of punk against apartheid - for a screening at Picturehouse at FACT.
Mandela8 students hosted MPH students from the University of Liverpool and gave them a guided tour of the memorial site and surrounding area.
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
December 2022
Mandela8 celebrated the Graduation of our 10 Young Media Creatives from the Greenhouse Project with Culture City and their families at FACT, following an invitation to Anfield from our patron Trent Alexander-Arnold a few weeks prior.
January 2023
Torus announce support and funding for the next Roots and Wings programme.
March 2023
Mandela8's Chair, Sonia Bassey receives the Lifetime Achievement Award at the LCR Culture and Creativity Awards.
TRUSTEES RESPONSIBILITIES
The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
Charity Law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and Applicable Law).
Under Charity Law the trustees must not approve the financial statements until they are satisfied that they give a true and fair view of the state of affairs of the charity and of the net incoming or outgoing resources of the charity for that period.
In preparing the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the charities SORP;
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make judgments and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
The names of the Trustees who held office during the year are noted on page 1.
RELATED PARTIES
The Trustees did not receive remuneration for their services as Trustees. Details of related Party transactions are disclosed in the notes to the accounts.
FINANCIAL REVIEW
Total Incoming Resources were £137,119 (2022 £67,324).
Total Outgoing Resources were £235,654 (2022 £54,092).
Net outgoing resources for the year were £98,535 (2022 incoming £13,232) being net outgoing resources £23,413 on the unrestricted fund being an application of our reserves on our charitable activity and net outgoing resources £75,122 on the restricted fund.
Total funds on the Balance Sheet at 31 March 2023 were £59,567 being £15,216 on the unrestricted fund and £44,351 restricted funds.
RISK MANAGEMENT
For each activity we produce a detailed risk assessment. Monitoring of the identified risks is in place and the regularity of review is established. Fundraising for our charitable activities is ongoing.
RESERVES POLICY
The Charity will endeavour to provide for financial stability and sustainability by maintaining a free reserve. The Trustees continue to develop a reserve for sustainability. The trustees continue to review the reserves policy to meet the needs of activities.
The free reserves at 31 March 2023 were £15,216 and the Trustees are planning for their development to create a financially sustainable Charity.
FUTURE PLANS
The Charity's strategies for achieving its aims and objectives in the future:
The Charity's strategies for achieving its stated objectives have been to continue to strengthen relationships developed with key partners such as Liverpool City Council and patrons supporting the Charity to secure funding and strengthen funding opportunities. The Charity continues to maintain and manage funds secured to support on-going work to further its objectives.
Our work with appointed consultants to develop design proposals and develop our fundraising
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MANDELA8
FOR THE YEAR ENDED 31/03/2023
TRUSTEES' REPORT
strategy have also been essential to furthering the Charity's objectives.
The Charity will seek to maximise the benefits of partnership and collaboration to support the realisation of its aims.
VOLUNTEERS
The contribution of volunteers during the year:
The Charity currently has a governing body of three trustees who are all volunteers.
The Charity also has a working group with a number of representatives from the following organisations who all contribute voluntarily towards furthering the objectives of the Charity: Liverpool City Council; Africa Oye; Unite Union; One Fell Swoop; National Museums Liverpool; MSB Solicitors; Torus Foundation.
APPROVAL
The report was prepared in accordance with the Charities Act 2011 and Statement of Recommended Practice FRS102 Accounting and Reporting by Charities.
This report was approved by the Board of Trustees on 24/11/2023 Sonia Bassey MBE Trustee
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MANDELA8
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 31/03/2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MANDELA8
I report on the accounts of the company for the year ended 31/03/2023 .
RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
INDEPENDENT EXAMINERS STATEMENT
II having completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
................................................... Julie Guinan FCCA Independent Examiner
Date: 24/11/2023
Harvey Guinan LLP Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool Merseyside L19 2PH 0151 709 7797
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MANDELA8
Statement of Financial Activities for the year ended 31/03/2023
| Income Income from generated funds Donations Income from Investments Income from charitable activities Total Income and endowments Expenses Costs of generating funds Expenditure on Charitable activities Total Expenses Net Income Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
Unrestricted funds £ 6,333 141 46,645 53,119 76,532 76,532 (23,413) (23,413) 38,629 15,216 |
Restricted funds £ - - 84,000 84,000 159,122 159,122 (75,122) (75,122) 119,473 44,351 |
2023 Total £ 6,333 141 130,645 137,119 235,654 235,654 (98,535) (98,535) 158,102 59,567 |
2022 Total £ 1,559 15 65,750 |
|---|---|---|---|---|
| 67,324 | ||||
| 54,092 | ||||
| 54,092 | ||||
| 13,232 | ||||
| 13,232 144,870 |
||||
| 158,102 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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MANDELA8
BALANCE SHEET AT 31/03/2023
| Notes CURRENT ASSETS Cash at bank and in hand CREDITORS: Amounts falling due within one year 4 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES RESERVES Unrestricted funds 5 General fund Restricted funds 6 |
61,127 61,127 1,560 |
2023 £ 59,567 59,567 15,216 44,351 59,567 |
158,822 158,822 720 |
2022 £ 158,102 |
|---|---|---|---|---|
| 158,102 | ||||
| 38,629 119,473 |
||||
| 158,102 |
Approved by the board of trustees on 24/11/2023 and signed on their behalf by
............................. Sonia Bassey MBE Trustee
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MANDELA8
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
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MANDELA8
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1g. Recognition Of Income
Items of income are recognised and included in the accounts when all of the following are met: (1) The charity has entitlement to the funds; (2) Any performance conditions attached to the income have been met or are fully within the control of the charity; (3) There is sufficient certainty that receipt of the income is considered probable and (4) The amount can be measured reliably.
1h. Policy For The Preparation Of Accounts
At the time of approving the accounts the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
1i. Policy For Cash At Bank And In Hand
Cash at bank and in hand includes cash and short term liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1j. Policy For Creditors And Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement value amount after allowing for any discount due.
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MANDELA8
1k. Policy For Financial Instruments
The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2. DIRECTORS AND EMPLOYEES
| Particulars of employees (including directors) are shown below: Employee costs during the year amounted to: 3. EMPLOYEES Average number of employees 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
2023 £ 2023 No. - 2023 £ 1,560 1,560 |
2022 £ |
|---|---|---|
| 2022 No. - 2022 £ 720 |
||
| 720 |
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MANDELA8
5. UNRESTRICTED FUNDS
| General fund | Brought forward £ 38,629 38,629 |
Incoming resources £ 53,119 53,119 |
Outgoing resources £ (76,532) (76,532) |
Transfers £ - - |
Carried forward £ 15,216 |
|---|---|---|---|---|---|
| 15,216 |
6. RESTRICTED FUNDS
| My 67 Family Visit Roots & Wings National Lottery Heritage Project Wildflower Project Liverpool City Council Angela Holligan Book Collection |
Brought forward £ 31,666 13,683 52,322 12,988 5,864 1,600 1,350 119,473 |
Incoming resources £ - 36,000 - 38,000 - 10,000 - 84,000 |
Outgoing resources £ (31,666) (49,683) (35,761) (24,548) (5,864) (11,600) - (159,122) |
Transfers £ - - - - - - - - |
Carried forward £ - - 16,561 26,440 - - 1,350 |
|---|---|---|---|---|---|
| 44,351 |
My 67
funds for an education project promoting diversity, equality and social justice
Family Visit
funds for Mandela visit to Liverpool
Roots & Wings
funds for an education project promoting diversity, equality and social justice
National Lottery Heritage Project
heritage project funds
Wildflower Project
funds for a community project
Liverpool City Council
Funds for communty project
Angela Holligan Book Collection
Book scheme to celebrate Black History Month
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MANDELA8
7. RELATED PARTY TRANSACTIONS
During the year £7 was paid to trustees in reimbursement of expenditure incurred by them on behalf of the Charity.
8. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Restriced | Total | |
|---|---|---|---|
| Funds | Funds | Funds | |
| Tangible Fixed Assets | - | - | - |
| Net Current Assets | 15,216 | 44,351 | 59,567 |
| ---------- | ---------- | ---------- | |
| 15,216 | 44,351 | 59,567 | |
| ---------- | ---------- | ---------- |
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9. ANALYSIS OF INCOMING RESOURCES
| 2023 | 2022 | |
|---|---|---|
| Bank Interest | 141 | 15 |
| Merchandise | - | 15 |
| Grants and Donations | 52,978 | 16,044 |
| My 67 | - | 26,000 |
| Family Visit | 36,000 | - |
| Roots & Wings | - | 15,500 |
| National Lottery Heritage Project | 38,000 | - |
| Wildflower Project | - | 6,800 |
| LCC | 10,000 | 1,600 |
| Angela Holligan | - | 1,350 |
| ---------- | ---------- | |
| 137,119 | 67,324 | |
| ---------- | ---------- |
10. ANALYSIS OF RESOURCES EXPENDED
| 2023 | 2022 | |
|---|---|---|
| Direct Project Costs | 223,993 | 48,722 |
| Insurance | 686 | 846 |
| Marketing | 4,168 | 200 |
| Administration | 5,967 | 3,154 |
| Governance | 840 | 1,170 |
| ---------- | ---------- | |
| 235,654 | 54,092 | |
| ---------- | ---------- |
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