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2021-12-31-accounts

2021 2020
Unrestricted Restricted Total Total
fund funds funds funds
Notes $ $ $ $
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,431,623 4,050,739 5,482,362 9,214,772
EXPENDITURE ON
Charitable activities
Sustainable Livelihoods 759,737 333,884 1,093,621 153,457
Disaster Relief 80,582 1,461,096 1,541,678 5,825,529
Advocacy &Capacity 314,870 314,870 257,535
Healthcare 229,662 4,163,097 4,392,759 703,653
Other 13,434 13,434 17,905
Total 1,398,285 5,958,077 7,356,362 6,958,079
NET INCOME/(EXPENDITURE) 33,338 (1,907,338) (1,874,000) 2,256,693
RECONCILIATION OFFUNDS
Total funds brought forward 430,451 2,743,444 3,173,895 917,202
TOTAL FUNDS CARRIED FORWARD 463,789 836,106 1,299,895 3,173,895

2021 2020
Unrestricted Restricted Total Total
fund funds funds funds
Notes $ $ $ $
CURRENT ASSETS
Debtors 130,000 130,000 7,093
Cash at bank 351,255 836,106 1,187,361 3,190,683
481,255 836,106 1,317,361 3,197,776
CREDITORS
Amounts
falling due within one year		 12 (17,466) (17,466) (23,881)
NET CURRENT ASSETS 463,789 836,106 1,299,895 3,173,895
TOTAL ASSETSLESSCURRENT
LIABILITIES 463,789 836,106 1,299,895 3,173,895
NET ASSETS 463,789 836,106 1,299,895 3,173,895
FUNDS 13
Unrestricted
funds		 463,789 430,451
Restricted
funds		 836,106 2,743,444
TOTAL FUNDS 1,299,895 3,173,895

RECONCILIATION
OF
ACTIVITIES		 NET (EXPENDI TURE)/INCOME
TO NET CAS		 H FLOW FROM OP ERATING
2021 2020
$ $
Net (expenditure)fincome for the reporting period (as per the Statement
ofFinsncial Activities) (1,874,000) 2,256,693
Adjustments
for:
(Increase)/decrease
in debtors		 (122,907) 244,882
Decrease in creditors (6,415) (78,934)
Net cash (used in)/provided by operations (2,003,322) 2,422,641

ANALYSIS OF CHANGES
IN NET F		 UNDS
At 1.1.21 Cash flow At 31.12.21
$ $ $
Net cash
Cash at bank 3,190,683 (2,003,322) 1,187,361
3,190,683 (2,003,322) 1,187,361
Total 3,190,683 (2,003,322) 1,187,361

Assets Assets and
liabilities		 and
liabilities		 in foreign currencies are translated translated into US Dollar at the rates of exchange into US Dollar at the rates of exchange into US Dollar at the rates of exchange into US Dollar at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies
are translated		 into US Dollar at the
rate ofexchange ruling at the date oftransaction. Exchange differences
are taken into account
in
arriving at the operating result.
3. DONATIONS AND LEGACIES
2021 2020
$ $
Donations 5,352,362 9,214,772
Gift aid 130,000
5,482,362 9,214,772
4. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities		 Support
costs
(see note 5) (see note 6) Totals
$ $ $
Sustainable Livelihoods 869,657 223,964 1,093,621
Disaster Relief 1,253,850 287,828 1,541,678
Advocacy &Capacity 226,702 88,168 314,870
Healthcare 3,659,358 733,401 4,392,759
6,009,567 1,333,361 7,342,928

GRANTS PAYABLE
2021 2020
$ $
Sustainable Livelihoods 869,657 106,801
Disaster Relief 1,253,850 4,892,601
Advocacy &Capacity 226,702 219,320
Health care 3,659,358 702,218
6,009,567 5,920,940
PORT COSTS
Governance
Management Finance costs Totals
$ $ $ $
Sustainable Livelihoods 218,954 2,750 2,260 223,964
Disaster Relief 284,329 1,571 1,928 287,828
Advocacy &Capacity 84,676 1,383 2,109 88,168
Healthc are 723,820 4,086 5,495 733,401
1,311,779 9,790 11,792 1,333,361
INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
$ $
Auditors'
remuneration		 11,792 8,589

2021 2020
$ $
1,179,013 819,290
1,179,013 819,290
2021 2020
8 8


was:
2021 2020
$90,001 - $100,000 I
10.COMPARATIYES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
$ $ $
INCOME AND ENDOWMIMI'S FROM
Donations
and legacies		 948,789 8,265,983 9,214,772
EXPENDITURE ON
Charitable
activities
Sustainable
Livelihoods		 153,457 153,457
Disaster Relief 270,777 5,554,752 5,825,529
Advocacy &Capacity 237,560 19,975 257,535
Healthcare 1,303 702,350 703,653
Other (2,397) 20,302 17,905
Total (660,700) 6,297,379 6,958,079
NET INCOME 288,089 1,968,604 2,256,693
RECONCILIATION OFFUNDS
Total funds brought forward 142,362 774,840 917,202
TOTAL FUNDS CARRIED FORWARD 430,451 2,743,444 3,173,895
11.DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
$ $
Other debtors 130,000 7,093

EDITORS: AMOUNTS
FALLIN		 G DUE WITHIN ONE YEAR
2021 2020
$ $
Trade creditors 14,676
Other creditors 1,568 615
Accrued expenses 15,898 8,590
17,466 23,881
VEMENT
IN FUNDS
Net
As at
1.1.21		 movement
in funds		 As at
31.12.21
$ $
Unrestricted
funds
General fund 430,451 33,338 463,789
Restricted funds
The Elma Philanthropies 2,243,444 (1,586,201) 657,243
The END Fund 500,000 (321,137) 178,863
2,743,444 (1,907,338) 836,106
TOTAL FUNDS 3,173,895 (1,874,000) 1,299,895
Net movement
in funds, included		 in the above are as follows:
Incoming Resources Movement
resources expended in funds
$ $
Unrestricted
funds
General
fund		 1,431,623 (1,398,285) 33,338
Restricted funds
The Elma Philanthropies 3,946,874 (5,533,075) (1,586,201)
The END Fund 103,865 (425,002) (321,137)
4,050,739 (5,958,077) (1,907,338)
TOTAL FUNDS 5,482,362 (7,356,362) (1,874,000)

Net
As at movement As at
1.1.20 in funds 31.12.20
$ $ $
Unrestricted
funds
General
fund		 142,362 288,089 430,451
Restricted fimds
Bill &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
Incoming Resources Movement
resources expended in funds
$ $
Unrestricted
funds
General
fund		 948,789 (660,700) 288,089
Restricted funds
Bill &Melinda Gates Foundation (100,000) (100,000)
The Elma Philanthropies 4,749,966 (3,181,362) 1,568,604
Ezrah 2,000,000 (2,000,000)
Friends ofBata 19,975 (19,975)
LTH 196,042 (196,042)
Covid 19PPE 300,000 (300,000)
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

for the year ende d 31December 2021
2021 2020
$ $
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 5,352,362 9,214,772
Gift aid 130,000
5,482,362 9,214,772
Total incoming resources 5,482,362 9,214,772
Charitable
activities
Grants to institutions 6,009,567 5,920,940
Other
Foreign exchange Gain / Loss 13,434 17,905
Support costs
Management
Wages 1,179,013 819,290
Office expenses 70,571 117,061
Consultancy 43,270 45,994
Legal fees 4,568 12,997
Accounting 14,357 6,793
1,311,779 1,002,135
Finance
Bank charges 9,790 8,510
Governance costs
Auditors'
remuneration		 11,792 8,589
Total resources expended 7,356,362 6,958,079
Net (expenditure)/income (1,874,000) 2,256,693