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||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes||5|5|5|
|INCOME AND|||||||
|ENDOWMENTS|FROM||||||
|Donations
8 legacies|||948,789|8,265,983|9,214,772|2,508,280|
|EXPENDITURE|ON||||||
|Charitable
activities|||||||
|Sustainable
Livelihoods|||153,457||153,457|314,263|
|Disaster Relief|||270,777|5,554,752|5,825,529|967,141|
|Advocacy
&Capacity|||237,560|19,975|257,535|331,245|
|Healthcare|||1,303|702,350|703,653|265,921|
|Other|||(2,397)|20,302|17,905|(3,819)|
|Tota I|||660,700|6,297,379|6,958,079|1,874,751|
|NET INCOME|||288,089|1,968,604|2,256,693|633,529|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought||forward|142,362|774,840|917,202|283,673|
|TOTAL FUNDS|CARRIED FORWARD||430,451|2,743,444|3,173,895|917,202|
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restncted|Total|Total|
|||fund|funds|funds|funds|
||Notes|8|5|5|5|
|CURRENT ASSETS||||||
|Debtors||7,093||7,093|251,975|
|Cash at bank||447,239|2,743,444|3,190,683|768,042|
|||454,332|2,743,444|3,197,776|1,020,017|
|CREDITORS||||||
|Amounts
falling due||||||
|within
one year|12|(23,881)||(23,881)|(102,815)|
|NET CURRENT ASSETS||430,451|2,743,444|3,173,895|917,202|
|TOTAL ASSETS LESS CURRENT|LIABILITIES|430,451|2,7r43,444|3,173,895|917,202|
|NET ASSETS||430,451|2,743,444|3,173,895|917,202|
|FUNDS|13|||||
|Unrestricted
funds||||430,451|142,362|
|Restricted
funds||||2,743,444|774,840|
|TOTAL FUNDS||||3,173,895|917,202|
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Notes|5|5|
|Cash flows from operating||activities|||||
|Cash generated|from operations||||2,422,641|760,588|
|Net cash provided
by operating|||activities||2,422,641|760,588|
|Change
in cash|and cash|equivalents|||||
|in the reporting|period||||2,422,641|760,588|
|Cash and cash equivalents||at the|beginning||||
|ofthe reporting|period||||768,042|7,454|
|Cash and cash equivalents||at the|end||||
|ofthe reporting|period||||3,190,683|768,042|
##
|RECONCILIATION|OF|OF|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|||||||||$|
|Net income for the||reporting|||period (as per the Statement||||
|of Financial Activities)|||||||2,256,693|633,529|
|Adjustments
for:|||||||||
|Decrease
in debtors|||||||244,882|52,726|
|(Decrease)/increase|||in|creditors|||(78,934)|74,333|
|Net cash provided||by operations|||||2,422,641|760,588|
|ANALYSIS OF CHANGES||||IN NET FUNDS|||||
||||||At|1.1.20|Cash flow|At 31.12.20|
|||||||5|$|$|
|Net cash|||||||||
|Cash at bank|||||768,042||2,422,641|3,190,683|
||||||768,042||2,422,641|3,190,683|
|Total|||||768,042||2,422,641|3,190,683|
##
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|3.|DONATIONS|AND LEGACIES|||
|---|---|---|---|---|
||||2020|2019|
||Donations||9,214,772|2,420,584|
||Gift aid|||87,696|
||||9,214,772|2,508,280|
##
##
|||Grant||Support|Totals|
|---|---|---|---|---|---|
|||funding|of|costs||
|||activities||(see note 6)||
|||(see note 5i||||
|||$||||
|Sustainable|Livelihoods|106,801||46,656|153,457|
|Disaster Relief||4,892,601||932,928|5,825,529|
|Advocacy|& Capacity|219,320||38,215|257,535|
|Healthcare||702,218||1,435|703,653|
|||5,920,940||1,019,234|6,940,174|
|GRANTS||||||
|||||2020|2019|
|||||5|S|
|Sustainable|Livelihoods|||106,801|283,120|
|Disaster Relief||||4,892,601||
|Advocacy|&Capacity|||219,320|144,068|
|Healthcare||||702,218|239,326|
|||||5,920,940|666,514|
##
|SUPPORT|COSTS|||||
|---|---|---|---|---|---|
|||||Governance||
|||Management|Finance|costs|Totals|
|||$|||$|
|Sustainable|Livelihoods|45,538|1,110|8|46,656|
|Disaster Relief||917,854|6,500|8,574|932,928|
|Advocacy|8 Capacity|37,470|738|7|38,215|
|Healthcare||1,273|162||1,435|
|||1,002,135|8,510|8,589|1,019,234|
|me/(expe|nditure)
is stated after charging/(credi|ting):||
|---|---|---|---|
|||2020|2019|
|||$|$|
|Auditors'|remuneration|8,589|7,870|
##
##
|exp|enses
incurred
on|enses
incurred
on|behalf|of Delta Philant|
hropies.|||
|---|---|---|---|---|---|---|---|
|9.|STAFF COSTS|||||||
|||||||2020|2019|
|||||||$|$|
||Wages and|salaries||||819,290|96,318|
|||||||819,290|96,318|
|The|average
monthly||number|ofemployees|during the year was as follows:|||
|||||||2020|2019|
||Charitable|activities||||8|2|
|10.|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL ACTIVITIES|THE STATEMENT OF FINANCIAL ACTIVITIES|THE STATEMENT OF FINANCIAL ACTIVITIES||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
||||5||S|
|INCOME|AND ENDOWMENTS|FROM||||
||Donations
and legacies||704,429|1,803,851|2,508,280|
|EXPENDITURE ON||||||
|Charitable
activities||||||
||Sustainable
Livelihoods||314,263||314,263|
||Disaster Relief||6,838|960,303|967,141|
||Advocacy
8 Capacity||256,085|75,160|331,245|
||Healthcare||265,921||265,921|
||Other||(3,819)||(3,819)|
||Total||839,288|1,035,463|1,874,751|
||NET INCOME/(EXPENDITURE)||(134,859)|768,388|633,529|
||Transfers between
funds||(6,452)|6,452||
||Net movement
in funds||(141,311)|774,840|633,529|
|RECONCILIATION
OF FUNDS||||||
||Total funds brought
forward||283,673||283,673|
||TOTAL FUNDS CARRIED FORWARD||142,362|774,840|917,202|
|11.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2020|2019|
||||||8|
||Other debtors|||7,093|251,975|
|12.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||5|5|
||Trade creditors||||14,676||
||Other creditors||||615|94,947|
||Accrued expenses||||8,590|7,868|
||||||23,881|102,815|
|13.|MOVEMENT|IN FUNDS|||||
||||||Net||
||||||movement|At|
|||||At 1.1.20|in funds|31.12.20|
|||||5|||
||Unrestricted|Funds|||||
||General
fund|||142,362|288,089|430,451|
||Bill 8 Melinda|Gates Foundation||100,000|(100,000)||
||The Elma Philanthropies|||674,840|1,568,604|2,243,444|
||The END Fund||||500,000|500,000|
|||||774,840|1,968,604|2,743,444|
||TOTAL FUNDS|||917,202|2,256,693|3,173,895|
##
|Net movement|in funds,
incl|uded
in th|e above|are as follo|ws:|||
|---|---|---|---|---|---|---|---|
|||||Incoming||Resources|Movement|
|||||resources||expended|in funds|
||||||||$|
|Unrestricted
funds||||||||
|General fund||||948,789||(660,700)|288,089|
|Restricted
funds||||||||
|Bill 8 Melinda|Gates Foundation|||||(100,000)|(100,000)|
|The Elma Philanthropies||||5,049,966||(3,481,362)|1,568,604|
|Ezra Charitable|Fund|||2,000,000||(2,000,000)||
|Friends of Bata||||19,975||(19,975)||
|LTFI||||196,042||(196,042)||
|Skoll||||500,000||(500,000)||
|The END Fund||||500,000|||500,000|
|||||8,265,983||(6,297,379)|1,968,604|
|TOTAL FUNDS||||9,214,772||(6,958,079)|2,256,693|
|Comparatives|for movement|in funds||||||
||||||Net|Transfers||
|||||movement||between|At|
||||At 1.1.19|in|funds|funds|31.12.19|
||||5||$|$|$|
|Unrestricted
funds||||||||
|General fund|||283,673|(134,859)||(6,452)|142,362|
|Restricted
funds||||||||
|Cyclone Idai||||(6,452)||6,452||
|Bill and Melinda|Gates Foundation|||100,000|||100,000|
|The Elma Philanthropies||||674,840|||674,840|
|||||768,388||6,452|774,840|
|TOTAL FUNDS|||283,673|633,529|||917,202|
##
|Comparative|net movement
in funds, i|ncluded
in the above are|as follows:||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
||||8||
|Unrestricted|funds||||
|General
fund||704,429|(839,288)|(134,859)|
|Restricted
funds|||||
|Cyclone
Idai
Bill 8 Melinda|Gates Foundation|953,851
100,000|(960,303)|(6,452)
100,000|
|The Elma Philanthropies||750,000|(75,160)|674,840|
|||1,803,851|(1,035,463)|768,388|
|TOTAL FUNDS||2,508,280|(1,874,751)|633,529|
DELTA PHI LANTHROPIES
38