| Legal and administrative information |
|||
|---|---|---|---|
| Trustees' report (including the strategic report snd incorporating |
the directors' | report) | |
| Trustees' responsibilities statement |
|||
| Independent auditor's report |
|||
| Statement offinsncial activities | |||
| Balance sheet | 12 | ||
| Cash flow statement | 13 | ||
| Notes to the financial statements | 14 |
| ear ended 31De | cember 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | funds | ||||
| 2021 | 2020 | ||||
| Note | |||||
| INCOME FRO& | |||||
| Donations | 9,000,000 | 6,500,000 | |||
| Interest mconm | 1,516 | 16,795 | |||
| TOTAL INCOME | 9,001,516 | 6,516,795 | |||
| IKPFNDITURE ON: | |||||
| Charitable activities |
9,918,124 | 3,378,074 | |||
| TOTAL EXPENDITURE | 9,918,124 | 3,378,074 | |||
| NEf MOVKWiNT IN | FUNDS | (916,608) | 3338,721 | ||
| RECONCILIATION OFFUNDS: | |||||
| Total funds brought forwanl Net umvenmnt m funds forthe year |
8,392,725 ~916SN |
5~,004 IBI7!1 |
|||
| Total funds cerned forward | 7&476,117 | 8392,725 |
| fiom | 2021 | 2020 | |||
|---|---|---|---|---|---|
| 8 | 8 | ||||
| Net cash (used in)/prow dad |
by operating | acttstfirs | (929,155) | 3,119,885 | |
| Cash flows investin activities - interest received Net change in cash and cash equimlents in the period |
I 516 ~927 639 |
16795 3 136,689 |
|||
| Cash and cash equivalents | at the beginning ofthe period | 8,424~5 | 5~7,555 | ||
| Cash and cash equivalents | at the end | ofthe period | 7 496 596 | 8424 275 | |
| Analysis ofcash and cash |
equivalents | ||||
| Cash in hand | 7,496,596 | 8,424,235 | |||
| Cash equivalents | |||||
| Total cash and cash equivalents | 7496596 | 8424235 | |||
| Reconciliantion ofnet (expenditure) |
/ income tonet cash fiowfrom | ||||
| operating actfstties |
2021 | 2020 | |||
| 8 | 8 | ||||
| Net (expenditure) / income |
for the year (as per the statenent of | ||||
| financial activities) | (916,608) | 3,138,721 | |||
| Adjustments for. |
|||||
| Decrease in creditors | (11,031) | (3P-"-9) | |||
| Investment income |
(1,516) | (16,795) | |||
| Decrease in debtots Net cash (used in)/provided |
by operaiing | acttst ties | ~929 155 | 1 188 3 119885 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Donations | 9,000,000 | 6,500,000 | ||||||
| Interest income | 1,516 | 16,795 | ||||||
| Total | 9,001416 | 6,516,795 | ||||||
| ANALYSIS | OF~ABLEEXPENDITURE | |||||||
| Grant funding | Direct costs | Support | costs | 2021 | ||||
| Grants to organisations | (see note 5) | 9,839,299 | 9,839,299 | |||||
| Grants advisory | service | (see note 6,9) | 58,833 | 58,833 | ||||
| Legal and company | secretarial | 4,553 | 4,553 | |||||
| services | ||||||||
| Audit and tax advice | 15,000 | 15,000 | ||||||
| Miscellaneous | cost | 439 | 439 | |||||
| Total | 9,839,299 | 58,833 | 19J92 | 9)918,124 |
| ANALYSIS | OF | CH | ARITABLE EX | PENDITURE (contin | ued) | ||
|---|---|---|---|---|---|---|---|
| Grant funding | Direct costs | Support | |||||
| costs | 2020 | ||||||
| Grants to organisations | (see note 5) | 3,287,052 | 3487,052 | ||||
| Grants advisory | service | (see notes 6,9) | 62,802 | 62,802 | |||
| Legal and company | secretarial | 4,775 | 4,775 | ||||
| services | |||||||
| Audit and tsx advice | 20,574 | 20,574 | |||||
| Miscellaneous | cost | 2,871 | 2,871 | ||||
| Total | 3,287,052 | 62,802 | 28420 | 31378,074 |
| lowing se |
ctors: | ctors: | |||
|---|---|---|---|---|---|
| Grants to | orgsnisations | Focus Areas | 2021 | 2020 | |
| Royal Commonwealth | Society for the | Neglected Tropical Diseases |
9,189,299 | 1,620,769 | |
| Blind ("Sightsavers") | |||||
| Clean Air | Fund | Special Opportunities | 650,000 | 650,000 | |
| CAMFED | international | Special Opportunities | 252~3 | ||
| Promoting | Equality in |
Atrican | Private Sector Solutions | 250,000 | |
| Schools | |||||
| Delta Philanthropies | Special Opportunities | 204,000 | |||
| Centre for | Global Development | Early Childhood Development |
160,000 | ||
| Europe | |||||
| Lively Minds | Early Childhood Development |
150,000 | |||
| Total | 9,839499 | 3487,052 |
| NET INCOME | FO | R THE | Y | EAR | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Net income is stated | after: | |||||
| Auditor's remuneration: |
||||||
| Fees payable to | the Charity's | auditor forthe audit | 15,000 | 12,720 | ||
| ofthe Charity's | annual | financial | statements | |||
| Fees payable to | the Charity's | auditor for taxation | 5,814 | |||
| seMces | ||||||
| CREDITORS | ||||||
| 2021 | 2020 | |||||
| Amounts falling |
due within | one | year: | |||
| Accrued expenses | 22/79 | 33410 |