| Contents | Page |
| Legal and Administrative Information |
|
| Trustee's Annual Report |
4-8 |
| Independent Auditor's Report |
9-11 |
| Statement of Financial Activities |
|
| Balance Sheet | |
| Statement of Cash Flows |
14 |
| Notes forming the financial statements | 15-21 |
| Statement ofFinancial Activibes | Statement ofFinancial Activibes | Statement ofFinancial Activibes | Statement ofFinancial Activibes | (including | Income 8 Expenditure | Income 8 Expenditure | Account) | Account) |
|---|---|---|---|---|---|---|---|---|
| Forthe year | ended 31 | December 2022 | ||||||
| Total | Total | |||||||
| Funds | Funds | |||||||
| 2022 | 2021 | |||||||
| USD | 050 | |||||||
| Incoming | resources from | |||||||
| generated | funds". | |||||||
| Voiunfofy | lncQrner | |||||||
| Donations | 7,828,939 | 7,828,939 | 20,968„678 | |||||
| Investment | income | |||||||
| Bank and | deposit Interests | |||||||
| Total incoming | resources | 7,831„051 | 7,831,051 | 20„968,766 | ||||
| I:haritabfe | activities | 3 | 14,568„939 | 14„568,939 | 14„228,678 | |||
| Governance | costs | |||||||
| 14,611,371 | 14,611„371 | 14„322,988 | ||||||
| (6,780„32OI | (6,780,32OI | 6,645,778 | ||||||
| Other recognised gains | ||||||||
| Foreign currency exchange gains/(losses' | 1,283 | 1„283 | (158) | |||||
| Net movement | in funds | (6,779,036I | (6,779,036I | 6„645,620 | ||||
| Reconciliation offunds |
||||||||
| Total funds | brought fonvard | 6,957,428 | 6,957,428 | 311,808 | ||||
| Total Funds carried foAvald |
| Statement | Statement | a$ | Cash | FlavIs | ||||
|---|---|---|---|---|---|---|---|---|
| Far the year ended 31December | 2022 | |||||||
| 2022 | ||||||||
| USD | USD | |||||||
| Net cash provided | byj(used in) operating | activities | 6 | (12,445,229) | 12,311„774 | |||
| Cash fimps for investing | activities: | |||||||
| interest received | ||||||||
| (12,443,117) | 12,33.1,862 | |||||||
| Cash and cash equivalent | at the beginning | ofthe year | ||||||
| Net Foreign exchange gain/(loss) | ||||||||
| Cash and equivalent atthe end ofthe year |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Total | Total | |||
| USD | USD | |||
| Legal | and Professional | fees | 9,200 | 60,714 |
| Audit | fees | 32,272 | 32,915 | |
| Bank | charges | 960 | 681 | |
| 42,432 | 94,310 |
| 2022 | 2021 | |
|---|---|---|
| Total | Total | |
| USD | USD | |
| Other creditors | 1,710 | 5,663,898 |
| Accruals | 32,272 | 32,915 |
| 33,982 | 5,696,813 |
| Total | |||
|---|---|---|---|
| Net (expenditure) jincome forthe | |||
| reporting | period | ||
| (as pef statement off!nandal Bctlvltles) | |||
| Forcing | currency exchane (gains)gloss | (1„283) | |
| interest | from investments | (2,112j | |
| 33 | |||
| Increase/(Decrease j in Creditors |
(5,662„831) | 5,666,192 | |
| (12,445,229) |
| Ongoing | Transfers | At 31 | ||||
|---|---|---|---|---|---|---|
| Resources | December | |||||
| Restricted Funds | 9 | 0 | 9 | |||
| Designated | funds | 0 | 0 | |||
| Unrestrlcteci | funds | 7,831,951 | (14,619,987) | |||
| Total Funds | 6„957,428 | 7,831,951 | (14,619„087l |