| Title | Page No. | |
|---|---|---|
| Report ofthe Trustees | 1-6 | |
| Independent Examiner's |
Report | |
| Balance Sheet | ||
| Statement ofFinancial | Activities | |
| Notes to the Accounts | 10- 11 |
| 2021 | 2020 | ||
|---|---|---|---|
| FIXEDASSETS | |||
| Office Equipment, at cost |
530 | ||
| Less depreciation | 258 | 272 | 329 |
| CURRENT ASSETS | |||
| Debtors —Customs dt Excise | 1,181 | 1,304 | |
| Cash at Bank and in Hand | 79 157 | 45750 | |
| f~80 38 | ~46 750 | ||
| CURRENT LIABILITIES | |||
| Sundry Accruals | |||
| Net Current Assets | 80338 | 46,750 | |
| Total Assets less Current LiabiTities | 80,610 | 47,089 | |
| Total Net Assets | GJHlR | ||
| FUNDS OFTHE CHARITY | |||
| Unrestricted Funds |
114,929 | 45,239 | |
| Restricted Funds (Nore 4) |
(34,319) | 1,850 | |
| Total Funds |
| I— — -2021— ——— 1 |
I— — -2021— ——— 1 |
I— — -2021— ——— 1 |
2020 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| INCOME | ||||||
| Donations and Legacies |
138,001 | 86,337 | 224,338 | 100,473 | ||
| Gift Aid | 2,672 | - | 2,672 | 2,400 | ||
| Bank Interest Received | 3 | - | 3 | 12 | ||
| Total Income | 8140,676 | 886837 | f227,013 | f102,885 | ||
| EXPENDITURE | ||||||
| Charitable Activities |
||||||
| Advertising &Promotion |
191 | 191 | I,584 | |||
| Computer Costs |
I,001 | 1,001 | 1,122 | |||
| Carriage & Shipping | 1,113 | 1,113 | 4,458 | |||
| Travel &Subsistence | 5,365 | 5,365 | 3,528 | |||
| Motor Expenses | 225 | 225 | 750 | |||
| Rent ofOffice and Storage Heat &light |
2,923 160 |
2,923 160 |
3,847 68 |
|||
| Insurance | 250 | 250 | 247 | |||
| Telephone | 302 | 302 | 284 | |||
| Printing, Postage &Stationery |
58 | 58 | 105 | |||
| General Administration | Expenses | 1,059 | I,059 | 963 | ||
| Donations to SALTMalawi |
33,071 | 115,890 | 148,961 | 49,466 | ||
| Literature Publication |
& | Printing | 22,800 | 22,800 | 23,077 | |
| Malawi Gospel Outreach | Expenses | 1,074 | 1,074 | 1,306 | ||
| ReliefAid &Operations | 6,616 | 6,616 | 3,922 | |||
| Bank Charges | 418 | 418 | 448 | |||
| Accountancy &Professional Expenses |
313 | 313 | 489 | |||
| Foreign Exchange variances | 595 | 595 | 1,076 | |||
| Depreci ation ofOffice Equipment | 6'8 | 68 | 85 | |||
| Total Expenses | 670,986 | 122,506 | 6193,492 | 696,825 | ||
| NET INCOME | 69,690 | (36,169) | 33,521 | 6,060 | ||
| RECONCII IATION OF | FUNDS | |||||
| Total funds brought forward | 45,239 | 1,850 | 47,089 | 41,029 | ||
| TOTAL FUNDS CARRIED | FORWARD | 8114,929 | g(34@19) | f80,610 | f47,089 |
| B/Fwd | Income | Expenditure | C/Fwd | |
|---|---|---|---|---|
| Building Fund |
(6,799) | 48,384 | 78,386 | (36,801) |
| Relief Funds | 8,382 | 32,068 | 29,053 | 11,397 |
| Local Workers | 267 | 5,885 | 15,067 | (8,915) |
| f1,850 | f86,337 | f122,506 | f(34,319) |