| CONTENTS | PAGE | ||
|---|---|---|---|
| Members ofthe Board and professional | advisers | ||
| Trustees' Annual Report |
2-8 | ||
| Independent Examiner's Report to the Trustees |
of | ||
| The World Transplant Games Federation |
|||
| Statement of Financial Activities (incorporating | the | ||
| income and expenditure account) |
10 | ||
| Balance sheet | |||
| Statement ofCash Flows | 12 | ||
| Notes to the financial statements | 13-21 |
| Registered | name | The World Transplant | Games Federation | |
|---|---|---|---|---|
| Company | registration | number | 10323481 | |
| Registered | Charity number | 1179470 | ||
| Registered | office and | principal | ||
| address | Basepoint Business Centre | |||
| 1 Winnall Valley Road | ||||
| Winchester | ||||
| Hampshire | ||||
| SO23 OLD | ||||
| Trustees | Mr C D Thomas - President | |||
| Mrs E M Schick —Company Secretary | ||||
| Mr C White —Treasurer |
||||
| Dr A L Billstrom | ||||
| Dr KFChau | ||||
| Dr P N Harden | ||||
| Mrs G Manuwald-Seemueller | ||||
| Mr W F Uys | ||||
| Professor Y Marui | ||||
| Dr EA Martin Pinto | ||||
| Mrs A Duran | ||||
| Mrs J Barents | ||||
| Mr L G Reyna Zuniga | ||||
| Company | Secretary | Mrs E M Schick | ||
| Accountants | Moore (South) LLP | |||
| Chartered Accountants |
||||
| The Quay | ||||
| 30Channel Way | ||||
| Ocean Village | ||||
| Southampton | ||||
| Hampshire | ||||
| SO143TG | ||||
| Bankers | HSBC | |||
| 250 Park Avenue | ||||
| New York City | ||||
| New York State 10177 | ||||
| USA | ||||
| HSBC | ||||
| 58 High Street | ||||
| Winchester | ||||
| Hampshire | ||||
| SO23 9BZ |
| Unrestricted | Restricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| Note | $ | $ | $ | $ | ||
| INCOME AND ENDLOWMENTS | ||||||
| FROM: | ||||||
| Donations and legacies |
30,000 | 30,000 | 30,000 | |||
| Charitable activities |
68,942 | 138,499 | 207,441 | 103,018 | ||
| Total income | 98,942 | 138,499 | 237,441 | 133,018 | ||
| EXPENDITURE ON: | ||||||
| Charitable activities |
187,613 | 60,688 | 248,301 | 193,384 | ||
| Total expenditure | 187,613 | 60,688 | 248,301 | 193,384 | ||
| Net incomel(expenditure) | and net | |||||
| movement in funds for |
the year | (88,671) | 77,811 | (10,860) | (60,366) | |
| RECONCILIATION OF FUNDS |
||||||
| Total funds at 1 January | 2021 | 301,338 | 111,189 | 412,527 | 472,893 | |
| Total funds at 31 December 2021 | 212,667 | 189,000 | 401,667 | 412,527 |
| 2021 | 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|---|
| $ | $ | $ | $ | |||
| FIXED ASSETS | ||||||
| Tangible assets | 117 | |||||
| CURRENT ASSETS | ||||||
| Stock | 2,649 | 1,500 | ||||
| Debtors | 10 | 4,829 | 12,677 | |||
| Cash at bank and in hand | 404,768 | 408,778 | ||||
| 412,246 | 422,955 | |||||
| CREDITORS: Amounts | due within one year | 11 | (11,233) | (10,545) | ||
| NET CURRENT ASSETS | 401,013 | 412,410 | ||||
| NET ASSETS | 401,667 | 412,527 | ||||
| Represented by: |
||||||
| Unrestricted funds |
212,667 | 301,338 | ||||
| Restricted funds | 189,000 | 111,189 | ||||
| TOTAL FUNDS | 401,667 | 412,527 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| $ | $ | |||||
| Cash flow from operating | activities | (~3029 | 33291 | |||
| Net cash flow from operating | activities | (3,029) | 33,291 | |||
| Cash flow from investing activities |
||||||
| Payment to acquire tangible |
fixed assets | 981 | ||||
| Net cash flow from investing | activities | (981) | ||||
| Net increase/(decrease) in |
cash and cash equivalents | (4,010) | 33,291 | |||
| Cash and cash equivalents | at | 1January 2021 | 4~08 778 | 375487 | ||
| Cash and cash equivalents | at | 31 December 2021 | 404,768 | 408,778 | ||
| Cash and cash equivalents | consists of: | |||||
| Cash at bank and in hand | ~404768 | 408778 | ||||
| Cash and cash equivalents | at | 31December | 2021 | 404,768 | 408,778 | |
| Reconciliation of net income/(expenditure) |
to net cash flow from operating | activities | ||||
| 2021 | 2020 | |||||
| 6 | 8 | |||||
| Net income/(expenditure) for the year |
(10,860) | (60,366) | ||||
| Depreciation and impairment |
of | tangible | fixed | assets | 117 | |
| (Increase)/decrease in stock |
(1,149) | |||||
| (Increase)/decrease in debtors |
7,848 | 120,938 | ||||
| Increase/(decrease) in creditors |
688 | (27398) | ||||
| Net cash flow from operating | activities | (3,029) | 33,291 | |||
| The charity has no net debt. |
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestriicted | Restncted | Funds | |||||
| Funds | Funds | 2020 | |||||
| $ | $ | $ | |||||
| INCOME | |||||||
| Donations and legacies |
30,000 | 30,000 | |||||
| Activities for raising | funds | 63018 | 40000 | 103018 | |||
| Total income | 93,018 | 40,000 | 133,018 | ||||
| EXPENDITURE | |||||||
| Charitable activities |
173374 | 20010 | 193384 | ||||
| Total expenditure | 173,374 | 20,010 | 193,384 | ||||
| Net income/(expenditure) | and net | ||||||
| Movement in funds |
in the year | (80,356) | 19,990 | (60,366) | |||
| RECONCILIATION | OF | FUNDS | |||||
| Total funds brought | forward | ||||||
| As at 1 January 2020 | 381694 | 91 199 | 472 893 | ||||
| Total funds carried | forward 31December 2020 | 301,338 | 111,189 | 412,527 | |||
| DONATIONS AND |
LEGACIES | ||||||
| Total | Total | ||||||
| Unrestricted | Restricted | Funds | Funds | ||||
| Funds | Funds | 2021 | 2020 | ||||
| $ | $ | $ | |||||
| Donations received |
(refunded) | 30,000 | 30,000 | 30,000 |
| INCOME FROM CHA | R | ITABLE ACTIV | ITIES | |||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Unrestricted | Restricted | Funds | Funds | |||
| Funds | Funds | 2021 | 2020 | |||
| $ | 5 | 5 | ||||
| Participants' capitation |
fees | |||||
| Host fees | 66,000 | 66,000 | ||||
| Participants' insurance |
premiums | 7,050 | ||||
| Capitation fees | 8,350 | |||||
| Registration fees —Fit for Life! | 438 | 438 | 13,199 | |||
| Virtual events | ||||||
| Sponsorship | 85,000 | 85,000 | 40,000 | |||
| Youth programme -Transplant |
53,061 | 53,061 | ||||
| Next | ||||||
| Donations from online |
plafforms | 2,942 | 2,942 | 342 | ||
| Country membership |
subscriptions | 20,815 | ||||
| Covid 19Winchester | City Council grant | 12,400 | ||||
| Other donations | 862 | |||||
| 68,942 | 138,499 | 207,441 | 103,018 | |||
| EXPENDITURE ON CHARITABLE ACTIVITIES | ||||||
| Total | Total | |||||
| Unrestricted | Restricted | Funds | Funds | |||
| Funds | Funds | 2021 | 2020 | |||
| $ | $ | 5 | $ | |||
| Trustees' travel Games Insurance |
(591) 6,657 |
|||||
| Games expenses | 1,608 | 1,608 | 755 | |||
| Staff and coordination | fees | 1,779 | ||||
| Virtual events expenses | 6,703 | 6,703 | ||||
| Registration expenses |
1,415 | |||||
| Fitfor Life!Sponsorship | expenditure | 44,090 | 44,090 | 20,010 | ||
| Podcasts initiative expenditure |
2,656 | 2,656 | ||||
| Youth programme expenditure |
3,449 | 3,449 | ||||
| Country development | programme | 5,100 | ||||
| Promotional goods and |
clothing— | |||||
| Stock movement —increase | (1,149) | (1,149) | ||||
| Allocation ofsupport costs (Note 5) | ~187154 | ~3790 | ~190944 | 158259 | ||
| 187,613 | 60,688 | 248,301 | 193,384 |
| SUPPORT CO | STS | |||||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Unrestricted | Restricted | Funds | Funds | |||
| Funds | Funds | 2021 | 2020 | |||
| $ | $ | $ | $ | |||
| Accountancy | 13,797 | 13,797 | 12,446 | |||
| Bank charges | 315 | 315 | 1,075 | |||
| Bad debts | 1,800 | 1,800 | ||||
| Depreciation | 445 | 445 | 117 | |||
| Foreign currency | gains | and losses | 1,791 | 1,791 | (15,192) | |
| Insurance | 5,524 | 5,524 | 4,949 | |||
| Journal printing |
and distribution | 1,829 | 1,829 | 1,579 | ||
| Legal fees | 9,753 | 9,753 | 3,445 | |||
| Marketing, public relations 8 |
||||||
| Conference lobbying |
2,643 | 2,643 | 1,832 | |||
| Office expenses | 4,894 | 4,894 | 4,256 | |||
| Research | 2,984 | 2,984 | ||||
| Sponsorship fees |
4,835 | 4,835 | ||||
| Rent | 8,318 | 8,318 | 13,459 | |||
| Staff costs | 125,186 | 3,790 | 128,976 | 125,530 | ||
| Staff travel | 171 | 171 | 3,755 | |||
| Subscriptions | 2,589 | 2,589 | ||||
| Website costs | 280 | 280 | 1 008 | |||
| Allocated to Charitable | Activities | 187,154 | 3,790 | 190,944 | 158,259 |
| STAFF COS | TS AND EMOLUME | NTS | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| $ | 8 | |||
| Staff costs were as follows: | ||||
| Staff working | on a self-employed | basis | 20,500 | 30,000 |
| Employees | ~108476 | 95530 | ||
| 128,976 | 125,530 |
| 10. | TANGIBLE FIXED ASS | ETS | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| $ | 6 | |||
| Computer and office equipment |
||||
| COST | ||||
| At 1 January 2021 | 1,001 | 1,001 | ||
| Additions | 981 | |||
| At 31 December 2021 | 1,982 | 1,001 | ||
| DEPRECIATION | ||||
| At 1 January 2021 | 884 | 767 | ||
| Charge for the year | 444 | 117 | ||
| 1,328 | 684 | |||
| NET BOOK VALUE | 654 | 117 | ||
| 11. | DEBTORS: | |||
| 2021 | 2020 | |||
| $ | $ | |||
| Accounts receivable | (30) | 2,635 | ||
| Accrued income | 3,293 | |||
| Prepayments | 4,859 | 5,274 | ||
| Other debtors | 1475 | |||
| 4,829 | 12,677 | |||
| 12. | CREDITORS: Amounts | falling due within one year | ||
| 2021 | 2020 | |||
| $ | $ | |||
| Trade creditors | 2,677 | 1,999 | ||
| Accruals | 8,556 | 8,106 | ||
| Payroll creditors | 440 | |||
| 11233 | 10,545 | |||
| The notes form part ofthese financial statements. |
| 16. RESTRICTED | 16. RESTRICTED | FUNDS | FUNDS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| At 1 | At 31 | ||||||||||||||||
| January | December | ||||||||||||||||
| 2021 | Income | Expenditure | Transfers | 2021 | |||||||||||||
| $ | $ | ||||||||||||||||
| Restricted Funds- | |||||||||||||||||
| Fit for Lifel | 111,189 | 85,438 | (57,239) | 139,388 | |||||||||||||
| Youth | programme | ~53061 | ~3449 | ~49 612 | |||||||||||||
| 111,189 | 138,499 | (60,688) | 189,000 | ||||||||||||||
| Comparative Information |
|||||||||||||||||
| At 1 | At 31 | ||||||||||||||||
| January | December | ||||||||||||||||
| 2020 | Income | Expenditure | Transfers | 2020 | |||||||||||||
| $ | 3 | 6 | 6 | $ | |||||||||||||
| Fit for | Life! | 91,199 | 40,000 | (20,000) | 111,089 | ||||||||||||
| The Fit for | Life! Fund | is to continue | work and development |
of | programmes | aimed | at | elevating the |
|||||||||
| importance | of physical | activity | at ag | levels. | It is | allocated | to initiatives | which | promote | activity post- | |||||||
| transplant, | aid in rehabilitation | in the | areas of exercise, | nutrition | and mental | well-being | and includes | ||||||||||
| Billion Steps Challenge | Immucor | Podcast Balance | and virtual | events, and | contribute | to | work in the area | ||||||||||
| ofresearch, | education | and community | engagement. | ||||||||||||||
| The Youth | Programme | is a project where transplanted | young people are |
provided | the | opportunity for |
|||||||||||
| support, developing |
life | skills and | social interaction. | ||||||||||||||
| 17. ANALYSIS OF | NET ASSETS BETWEEN FUNDS | ||||||||||||||||
| Unrestricted | Restricted | ||||||||||||||||
| Funds | Funds | Total | |||||||||||||||
| 2021 | 2021 | 2021 | |||||||||||||||
| $ | $ | $ | |||||||||||||||
| Fixed assets | 654 | 654 | |||||||||||||||
| Current | assets | 223,246 | 189,000 | 412,246 | |||||||||||||
| Current | liabilities | ~11233 | ~tt 233 | ||||||||||||||
| Total Funds | 212,667 | 189,000 | 401,667 |
| Comparative | Comparative | Information | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | Total | |||
| 2020 | 2020 | 2020 | |||
| $ | $ | $ | |||
| Fixed assets | 117 | 117 | |||
| Current | assets | 311,766 | 111,189 | 422,955 | |
| Current | liabilities | ~10545) | ~10545) | ||
| Total Funds | 301,338 | 111,189 | 412,527 |