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|||||||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|
||$|$|$|
|Net cash||||
|Cash at bank|3,190,683|(2,003,322)|1,187,361|
||3,190,683|(2,003,322)|1,187,361|
|Total|3,190,683|(2,003,322)|1,187,361|
##
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##
##
|Assets|Assets|and
liabilities|and
liabilities|in|foreign currencies|are|translated|translated|into US Dollar at the rates of exchange|into US Dollar at the rates of exchange|into US Dollar at the rates of exchange|into US Dollar at the rates of exchange|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|ruling|at the balance|||sheet date. Transactions|||in|foreign|currencies
are translated||into US|Dollar at the|
|rate ofexchange|||ruling||at the date oftransaction.|||Exchange differences
are taken into account
in|||||
|arriving||at the operating|||result.||||||||
|3.|DONATIONS||AND||LEGACIES||||||||
||||||||||||2021|2020|
||||||||||||$|$|
|||Donations||||||||5,352,362||9,214,772|
|||Gift aid|||||||||130,000||
|||||||||||5,482,362||9,214,772|
|4.|CHARITABLE ACTIVITIES COSTS||||||||||||
||||||||||Grant||||
||||||||||funding of
activities|Support
costs|||
||||||||||(see note 5)|(see note 6)||Totals|
||||||||||$||$|$|
|||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|