2023-09-01-accounts - Embassy

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


he income	that the charity received		during the year is shown	in the table below.
Churches	and other	charities		f18,348	6.4%
Businesses				f88,471	31.0%
Individuals	(including	GIR Aid reclaim from previous year)		f115,513	40.5%
Charitable	trusts and	foundations		f6,318	2.2%
Housing				f56,636	19.9%

				Unrestricted	Restricted	Total funds	Unrestricted	Restricted	Total funds
				funds	funds	2023	funds	funds	2022
			Note				6
Income from:
Donations and	legacies		3	176,832	51,818	228,650	243,921	81,389	325,310
Charitable activities			4	56,636		56,636	22,243		22,243
Total income				233,468	51,818	285,286	266,164	81,389	347,553
Expenditure on:
Raising funds			5	31,829	3,035	34,864	22,376		22,376
Charitable activities			6	234,942	42,044	276,986	188,373	28,779	217,152
Total expenditure				266,771	45,079	311,850	210,749	28,779	239,528
Net income/(expenditure)		for the
year			7	(33,303)	6,739	(26,564)	55,415	52,610	108,025
Transfer between	funds
Net movement in	funds for the year			(33,303)	6,739	(26,564)	55,415	52,610	108,025
Reconciliation offunds
Total funds brought forward				171,850	62,670	234,520	116,435	10,060	126,495
Total funds carried forward				138,547	69,409	207,956	171,850	62,670	234,520

			Balance sheet as at 1	Balance sheet as at 1	September 2023
			Note		2023		2022
Fixed Assets
Tangible Assets			11	44,692		16,650
					44,692			16,650
Current assets
Debtors			12	14,457
Cash at bank and	in hand		13	154,153		217,870
Total current assets				168,610		217,870
Liabilities
Creditors: amounts		falling
due in less than		one year	14	(5,346)
Net current assets					163,264			217,870
Total assets less	current liabilities				207,956			234,520
Net assets					207,956			234,520
The funds ofthe	charity:
Restricted income	funds		16		69,409			62,670
Unrestricted income		funds	17		138,547			171,850
Total charity funds					207,956			234,520

					Unrestricted f	Restricted f	Total 2023 f.	Unrestricted	Restricted f	Total 2022
	Donations		and gifts from individuals		102,101	4,088	106,189	81,109	575	81,684
	Gift aid recovered				9,324		9,324	15,875		15,875
	Donations		from Businesses		46,241	42,230	88,471	76,370	30,833	107,203
	Grants from charitable			trusts,
	foundations,		other charities and
	churches				19,166	5,500	24,666	70,567	49,981	120,548
	Total				176,832	51,818	228,650	243,921	81,389	325,310
4	Income from		charitable	activities
					Unrestricted f	Restricted f	Total 2023 F	Unrestricted	Restricted f	Total 2022
	Housing	Income			56,636		56,636	22,243		22,243
	Total				56,636		56,636	22,243		22,243
5	Cost of raising funds
					Unrestricted f	Restricted f	2023 f	Unrestricted	Restricted f	2022
	Fund raising	events			5,447		5,447	2,138		2,138
	Marketing				150		150
	Staff Costs				26,232	3,035	29,267	20,238		20,238
					31,829	3,035	34,864	22,376		22,376

Analysis of	expenditure on charitable act	ivities
		2023	2022
		6
Payroll &pension		175,670	144,258
Other staff costs		1,041	750
Training for staff &volunteers		1,610
Resettlement	costs (men)	6,586	2,120
Resettlement	costs (women)	241
Travel and meeting expenses		964	1,650
Mobile phone	costs	1,718	1,052
Stationery &	postage	165	114
Insurance		2,262	1,038
Housing set	up costs	2,129	330
Housing rent		20,504	15,105
Housing repairs		38	40
Housing other costs		10,034	6,666
Village build			17,572
IT		1,187	1,225
Vehicles		1,340	1,418
Miscellaneous	items	107	484
Professional	services	9,617	5,070
Reimbursement of donations			500
Charitable work		10,930
Tithe		25,480	17,760
Depreciation		4,163
Accountancy		1,200
		276,986	217,152
Restricted expenditure		42,044	28,779
Unrestricted	expenditure	234,942	188,373
		276,986	217,152

Net income/(expenditure) for the year
This is stated after charging/(crediting):	2023f		2022f
Depreciation	4,	163
Accountancy fees		360
Independent examiner's fee		840
Staff costs
Staff costs during the year were as follows:
	2023f		2022
Wages and salaries	188,261		151,279
Social security costs	11,056		8,680
Pension costs	5,620		4,537
	204,937		164,496

11	Tangible As	sets
			Land and Building 6	Motor vehicles f	Total f
	Cost
	At beginning	ofyear		16,650	16,650
	Additions		32,205		32,205
	Disposals
	At end ofyear		32,205	16,650	48,855
	Depreciation
	At beginning	ofyear
	Disposals
	Charge			4,163	4,163
	At end ofyear			4,163	4,163
	Net book value
	At end ofyear		32,205	12,487	44,692
	At beginning	ofyear		16,650	16,650
12	Debtors
				2023	2022
				6	6
	Other debtors			4,350
	Prepayments	and accrued income		10,107
				14,457

13	Cash at bank and in	hand
			2023f	2022
	Cash at bank and	on hand	154,153	217,870
			154,153	217,870
14	Creditors: amounts	falling due within one year
			2023f	2022f
	Accruals and deferred	income	5,346
			5,346

Embassy has minimum	lease payments	under	non-canceallable operating	lease
as set out below:
			2023f	2022f
Not later than one year			59,900	10,500
Later than one year and	not later than	five	42,075	9,625
			101,975	20,125

Analysis	of m	ovemen	ts in restricted	funds
							Balance at
			Balance at 2				1
			September				September
			2022f	Income f	Expenditure f	Transfers	2023f
Village Build			8,888				8,888
Village general			12,750	500			13,250
Womens	work		26,032	44,105	(34,116)		36,021
Vehicle			15,000		(3,750)		11,250
Work in	Kenya			7,213	(7,213)
Total			62,670	51,818	(45,079)		69,409
Comparative		period
							Balance at
			Balance at 2				1
			September				September
			2021	income	Expenditure f	Transfers f	2022
Village Build			10,060		(1,172)		8,888
Village general				12,750			12,750
Womens	work			47,208	(21,176)		26,032
Resettlement		workers		6,431	(6,431)
Vehicle				15,000			15,000
Total			10,060	81,389	(28,779)		62,670

			Balance at 2				As at 1
			September				September
			2022f	Income f	Expenditure f	Transfers f	2023f
General	fund		171,850	233,468	(266,771)		138,547
			171,850	233,468	(266,771)		138,547
Comparative		period
			Balance at
			2				As at 1
			September				September
			2021f	income f	Expenditure	Transfers	2022f
General	fund		116,435	266,164	(210,749)		171,850
			116,435	266,164	(210,749)		171,850

Analysis of n	et assets between	funds
		General	Designated	Restricted
		fund E	fundsf	funds f	Total 2023
Tangible fixed	assets	33,442		11,250	44,692
Net current assets/(liabilities)		105,105		58,159	163,264
Total		138,547		69,409	207,956
Comparative	period
		General	Designated	Restricted
		fundf	funds	funds	Total 2022 f
Tangible fixed	assets	1,650		15,000	16,650
Net current assetsl(liabilities)		170,200		47,670	217,870
Total		171,850		62,670	234,520