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|Report ofTrustees||1-23|
|---|---|---|
|Report of Independent|Auditors|24- 26|
|Statement
of Financial|Activities|27|
|Balance Sheet||28|
|Cashflow Statement||29|
|Notes to the Cashf low|Statement|30|
|Notes to the Financial|Statement|31 - 37|
|Detailed Statement
of|Financial Statement|38|
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|||fo|r the year en|ded 31 Decem|ber 2022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes||$|$|$|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations|and legacies|||499,406|2,760,954|3,260,360|5,482,362|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Sustainable|Livelihoods|||31,427|1,657,244|1,688,671|1,093,621|
|Disaster Relief||||201,584|1,000,000|1,201,584|1,541,678|
|Advocacy
Healthcare|8 Capacity|||212,184
201,538|22,027
320,101|234,211
521,639|314,870
4,392,759|
|Other||||31,606||31,606|13,434|
|Total||||678,339|2,999,372|3,677,711|7,356,362|
|NET INCOME/(EXPENDITURE)||||(178,933)|(238,418)|(417,351)|(1,874,000 )|
|RECONCILIATION
OF FUNDS||||||||
|Total funds|brought
forward|||463,789|836,106|1,299,895|3,173,895|
|TOTAL FUNDS CARRIED FORWARD||||284,856|597,688|882,544|1,299,895|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|$|$|$||
|CURRENT ASSETS|||||||
|Debtors|||26,125||26,125|130,000|
|Cash at bank|||273,908|597,689|871,597|1,187,361|
||||300,033|597,689|897,722|1,317,361|
|CREDITORS|||||||
|Amounts
falling due within|one year|12|(15,178)||(15,178)|(17,466)|
|NET CURRENT ASSETS|||284,855|597,689|882,544|1,299,895|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES|||284,855|597,689|882,544|1,299,895|
|NET ASSETS|||284,855|597,689|882,544|1,299,895|
|FUNDS|||||||
|Unrestricted
funds|||||284,855|463,789|
|Restricted
funds|||||597,689|836,106|
|TOTAL FUNDS|||||882,544|1,299,895|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating||activities|||||
|Cash generated|from operations||||(315,764)|(2,003,322)|
|Net cash used|in operating|activities|||(315,764)|(2,003,322)|
|Change
in cash and cash||equivalents|in||||
|the reporting
period|||||(315,764)|(2,003,322 )|
|Cash and cash|equivalents|at the|||||
|beginning
oFthe reporting||period|||1,187,361|3,190,683|
|Cash and cash|equivalents|at the end|||||
|ofthe reporting|period||||871,597|1,187,361|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||5||
|Net expenditure||for|the|reporting|period (as per the Statement||||
|of Financial Activities)|||||||(417,351)|(1,874,000 )|
|Adjustments
for:|||||||||
|Decrease/(increase)|||in debtors||||103,875|(122,907)|
|Decrease|in creditors||||||(2,288)|(6,415)|
|Net cash|used in|operations|||||(315,764)|(2,003,322 )|
|ANALYSIS|OF CHANGES|||IN NET FUNDS|||||
|||||||At 1.1.22|Cash flow|At 31.12.22|
|Net cash|||||||||
|Cash at bank||||||1,187,361|(315,764)|871,597|
|||||||1,187,361|(315,764)|871,597|
|Total||||||1,'l87, 361|(315,764)|871,597|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||$|
|Donations|||||3,230,982|5,352,362|
|Gift aid|||||29,378|130,000|
||||||3,260,360|5,482,362|
|4.CHARITABLE ACTIVITIES COSTS|||||||
||||Grant||||
||||funding|of|||
||||activities||Support||
||||(see||costs (see||
||||note 5)||note 6)|Totals|
||||$||$||
|Sustainable|||1,621,271||67,400|1,688,671|
|Livelihoods|Disaster||850,000||351,584|1,201,584|
|Relief Advocacy
8
Capacity Healthcare|||205,740
165,252||28,471
356,387|234,211
521,639|
||||2,842,263||803,842|3,646,105|
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||||2022|2021|
|---|---|---|---|---|
|Sustainable|||1,621,271|869,657|
|Livelihoods|Disaster||850,000|1,253,850|
|Relief Advocacy||8|205,740|226,702|
|Capacity Healthcare|||165,252|3,659,358|
||||2,842,263|6,009,567|
##
|ORT COST|S||||||
|---|---|---|---|---|---|---|
||||||Governance||
||||Management|Finance|costs|Totals|
||||$|$|$|$|
|Sustainable|||66,423|528|449|67,400|
|Livelihoods|Disaster||345,370|3,360|2,854|351,584|
|Relief Advocacy||8|27,593|475|403|28,471|
|Capacity Healthcare|||350,175|3,360|2,852|356,387|
||||789,561|7,723|6,558|803,842|
##
|||2022|2021|
|---|---|---|---|
|||$||
|Auditors'|remuneration|6,558|11,792|
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||||2022|2021|
|---|---|---|---|---|
||||$|$|
|Wages|and|salaries|651,456|1,179,013|
||||651,456|1,179,013|
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|9.STAFF COSTS - continued|||for the y|ear ended
31 Dece|ear ended
31 Dece|mber 2022|||
|---|---|---|---|---|---|---|---|---|
|The average
monthly|number||ofemployees|during the year was||as|||
|follows:|||||||||
||||||||2022|2021|
||||||||4|4|
|UK Charitable
activities|||||||4|4|
|Recharged
Charitable|Activities||||||||
|The number ofemployees||whose employee||benefits|(excluding|employer
pension|costs) exceeded S60,000 was:||
||||||||2022|2021|
|$90,001 - $100,000|||||||1|1|
|10.COMPARATIVES
FOR THE|STATEMENT OF FINANCIAL ACTIVITIES||||||||
|||||||Unrestricted|Restricted|Total|
|||||||fund|funds|funds|
||||||||S||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||||1,431,623|4,050,739|5,482,362|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Sustainable
Livelihoods||||||759,737|333,884|1,093,621|
|Disaster Relief||||||80,582|1,461,096|1,541,678|
|Advocacy
8 Capacity
Healthcare||||||314,870
229,662|4,163,097|314,870
4,392,759|
|Other||||||13,434||13,434|
|Total||||||1,398,285|5,958,077|7,356,362|
|NET INCOME/(EXPENDITURE)||||||33,338|(1,907,338)|(1,874,000)|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought
forward||||||430,451|2,743,444|3,173,895|
|TOTAL FUNDS CARRIED FORWARD||||||463,789|836,106|1,299,895|
|||for the year ended
31 Dec|for the year ended
31 Dec|for the year ended
31 Dec|for the year ended
31 Dec|ember 2022|||
|---|---|---|---|---|---|---|---|---|
|11.DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||||
||||||||2022|2021|
|||||||||S|
|Other debtors|||||||26,125|130,000|
|12.CREDITORS: AMOUNTS|||FALLING DUE||WITHIN ONE YEAR||||
||||||||2022|2021|
|||||||||S|
|Trade
creditors|||||||97||
|Other
creditors|||||||913|1,568|
|Accrued|||||||14,168|15,898|
|expenses|||||||||
||||||||15,178|17,466|
|13.MOVEMENT
IN FUNDS|||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1.22|in funds|31.12.22|
|||||||||$|
|Unrestricted
funds|||||||||
|General
fund||||||463,789|(178,934)|284,855|
|Restricted funds|||||||||
|The ELMA Foundation
The END Fund
Gender Justice Fund
Rockerfeller
Foundation||||VAN||657,243
178,863|(657,243)
(178,863)
2,359|2,359|
||||||||595,330|595,330|
|||||||836,106|(238,417)|597,689|
|TOTAL FUNDS|||||||||
|||||||1,299,895|(417,351)|882,544|
|Net movement|in|funds,||included|in the above are as||||
|follows:|||||||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|Unrestricted
funds|||||||||
|General fund||||||499,406|(678,340)|(178,934)|
|Restricted
funds|||||||||
|The ELMA Foundation
The END Fund
Gender Justice Fund
Rockerfeller
Foundation||||VAN||2,000,000
141,238
24,386|(2,657,243 )
(320,101)
(22,027)|(657,243)
(178,863)
2,359|
|||||||595,330||595,330|
|||||||2,760,954|(2,999,371 )|(238,417)|
|TOTAL FUNDS|||||||||
|||||||3,260,360|(3,677,711)|(417,351)|
##
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|Comparatives
funds|for movement|in|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1,1.21|in funds|31.12.21|
|Unrestricted|funds|||430,451|33,338|463,789|
|General
fund|||||||
|Restricted
funds
The ELMA Foundation
The END Fund||||2,243,444
500,000|(1,586,201)
(321,137)|657,243
178,863|
|||||2,743,444|(1,907,338)|836,106|
|TOTAL FUNDS||||3,173,895|(1,874,000)|1,299,895|
|Comparative|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 Foundation
The END Fund||||3,946,874
103,865|(5,533,075)
(425,002)|(1,586,201)
(321,137)|
|||||4,050,739|(5,958,077)|(1,907,338)|
|Total Funds|||||||
|||||5,482,362|(7,356,362)|(1,874,000)|
##
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|||||2022|2021|
|---|---|---|---|---|---|
||||||S|
|INCOME AND|ENDOWMENTS|||||
|Donations
and||legacies||||
|Donations
Gift aid||||3,230,982
29,378|5,352,362
130,000|
|||||3,260,360|5,482,362|
|Total incoming||resources||3,260,360|5,482,362|
|EXPENDITURE||||||
|Charitable
activities||||||
|Grants to institutions||||2,842,263|6,009,567|
|Other||||||
|Foreign exchange|||Gain / Loss|3'i,606|13,434|
|Support costs||||||
|Management||||||
|Wages||||651,456|1,179,013|
|Office||||56,986|70,5?1|
|expenses
Consultancy
Legal fees
Accounting||||29,625
13,870
37,624|43,270
4,568
14,357|
|||||789,561|1,311,779|
|Finance||||||
|Bank charges||||7,723|9,790|
|Governance|costs|||||
|Auditors'
remuneration||||6,558|11,792|
|Total resources||expended||3,677,711|7,356,362|
|Net expenditure||||{417,351)|{1,874,000)|