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|||Page||
|---|---|---|---|
|Letter from the Chair||||
|Report ofthe Trustees|2|to|8|
|Report ofthe Independent
Auditors|9|to|11|
|Statement
of Financial Activities||12||
|Balance Sheet||13||
|Cash Flow Statement||14||
|Notes to the Cash Flow Statement||15||
|Notes to the Financial Statements|16|to|22|
|Detailed Statement of Financial Activities|23|to|24|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|fund
8|fundf|funds
f|funds
6|
|INCOME AND ENDOWMENTS||FROM||||||
|Grants and donations|||2|453,840|164,556|618,396|507,222|
|Other trading
activities|||3|3,333||3,333|14,985|
|Total||||457,173|164,556|621,729|522,207|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|international
programmes||||435,167|126,325|561,492|330,288|
|NET INCOME/(EXPENDITURE)||||22,006|38,231|60,237|191,919|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||380,622|85,102|465,724|273,805|
|TOTAL FUNDS CARRIED FORWARD||||402,628|123,333|525,961|465,724|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund
f|fundf|funds
F|fundsf|
|CURRENT ASSETS||||||
|Debtors|10|3,014||3,014|28,929|
|Cash at bank||427,014|123,333|550,347|479,724|
|||430,028|123,333|553,361|508,653|
|CREDITORS||||||
|Amounts
falling due within one year|11|(27,400)||(27,400)|(42,929)|
|NET CURRENT ASSETS||402,628|123,333|525,961|465,724|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||402,628|123,333|525,961|465,724|
|NET ASSETS||402,628|123,333|525,961|465,724|
|FUNDS|13|||||
|Unrestricted
funds||||402,628|380,622|
|Restricted
funds||||123,333|85,102|
|TOTAL FUNDS||||525,961|465,724|
##
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Notes|f|F|
|Cash flows from||operating|activities|||||
|Cash generated|from operations||||1|70,623|178,040|
|Net cash provided||by operating||activities||70,623|178,040|
|Change
in cash||and cash|equivalents|||||
|in the reporting||period||||70,623|178,040|
|Cash and cash|equivalents||at|the||||
|beginning
ofthe||reporting|period|||479,724|301,684|
|Cash and cash|equivalents||at|the end||||
|ofthe reporting||period||||550,347|479,724|
##
|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OPERATING||
|---|---|---|---|---|
|ACTIVITIES|||||
||||2022|2021|
|Net income for the|reporting|period (as per the Statement of|||
|Financial Activities)|||60,237|191,919|
|Adjustments
for:|||||
|Decrease/(increase)|in debtors||25,915|(27,471)|
|Increase
in creditors|||~15,529|13,592|
|Net cash provided|by operations||70,623|176,040|
##
|ANALYSIS OF CHANGES
IN NET F|UNDS|||
|---|---|---|---|
||At 1.1.22
f|Cash flow
E|At 31.12.22|
|Net cash||||
|Cash at bank|479,724|70,623|550,347|
||479,724|70,623|550,347|
|Total|479,724|70,623|550,347|
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||||Unrestricted|Restdicted|Total funds|Total funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|31.12.22|31.12.21|
|||||6|6|F|
|Donations|||374,667||374,667|334,483|
|Grants:|||||||
|The Oak|Foundation|||30,879|30,879|38,458|
|The Tide|Foundation|||30,905|30,905|28,921|
|GSK||||||29,800|
|UNDP||||||8,834|
|Dreilinden|Foundation||78,643||78,643|47,740|
|Open Society Foundations||||||16,473|
|Virgin||||50,000|50,000||
|Accenture||||40,406|40,406||
|The Kaleidoscope||Diversity Trust||12,366|12,366||
|Other grants|||530||530|2,513|
||||453,840|164,556|618,396|507,222|
##
|3.|OTHER TRADING|OTHER TRADING|ACTIVITIES|||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f|
||Memberships|||3.333|2,534|
||Consultancy|services|||12,451|
|||||3,333|14,985|
|4.|CHARITABLE ACTIVITIES COSTS|||||
|||||2022|2021|
|||||E||
||Rent|||1,620||
||Marketing|||31,752|7,977|
||Consultancy|fees||220,573|123,533|
||Travelling
expenses|||1,311|1,204|
||Conferences|and events||15,478||
||Support costs (see||note 5)|290,758|197,574|
|||||561,492|330,288|
|5.|SUPPORT COSTS|||||
|||||2022|2021|
|||||8||
||Staff costs (see note 8)|||160,474|96,377|
||Marketing|||20,042||
||Bank charges|||1,218|1,106|
||ITsoftware|and consumables||724||
||Insurance|||907|895|
||Sundries|||5,587|3,019|
||Foreign exchange||movements|4,649|7,312|
||Staff training|||550|134|
||Consultancy|fees||80,855|75,399|
||Governance|costs:||||
||Auditors'
remuneration|||6,000|6,000|
||Accountancy|and legal fees||9,752|5,580|
||Trustee recruitment||||1,752|
|||||290,758|197,574|
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|||2022f|2021|
|---|---|---|---|
|Wages|and salaries|142,551|85,833|
|Social|security costs|15,973|10,544|
|Other|pension costs|1,950||
|||160,474|96,377|
##
|2022|2021|
|---|---|
|2|1|
##
|9.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fundf|fund
F|funds
6|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||401,208|106,014|507,222|
||Other trading
activities||||14,985||14,985|
||Total||||416,193|106,014|522,207|
||EXPENDITURE ON|||||||
||Charitable
activities|||||||
||International
programmes||||292,970|37,318|330,288|
||NET INCOME||||123,223|68,696|191,919|
||RECONCILIATION
OF||FUNDS|||||
||Total funds brought|forward|||257,399|16,406|273,805|
||TOTAL FUNDS CARRIED FORWARD||||380,622|85,102|465,724|
|10.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2022|2021|
||Trade debtors|||||800|23,513|
||Other debtors||||||4,686|
||VAT|||||2,214|730|
|||||||3,014|28,929|
|11.|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
|||||||2022
f|2021
f|
||Trade creditors|||||7,034|1,688|
||Social security and other taxes|||||3,549||
||Other creditors|||||436|117|
||Accruals and deferred||income|||16,381|41,124|
|||||||27,400|42,929|
||||||Page20||continued. ..|
##
##
|||2022|2021|
|---|---|---|---|
|||6||
|Brought forward||21,345|400|
|Released|in the year|(21,345)|(400)|
|Deferred|in the year|8,500|21,345|
|||8,500|21,345|
##
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|MOVEMENT
IN FUNDS||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.1.22|in funds
f|31.12.22
f|
|Unrestricted
funds||||
|General fund|380,622|22,006|402,628|
|Restricted funds||||
|Restricted fund|85,102|38,231|123,333|
|TOTAL FUNDS|465,724|60,237|525,961|
|Net movement
in funds,
included
in the a|bove are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources
8|expended
f|in funds
F|
|Unrestricted
funds||||
|General fund|457,173|(435,167)|22,006|
|Restricted funds||||
|Restricted
fund|164,556|(126,325)|38,231|
|TOTAL FUNDS|621,729|(561,492)|60,237|
##
##
##
|Comparatives|for moveme|nt
in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.1.21|in funds|31.12.21|
||||f|6|f|
|Unrestricted|funds|||||
|General
fund|||257,399|123,223|380,622|
|Restricted funds||||||
|Restricted
fund|||16,406|68,696|85,102|
|TOTAL FUNDS|||273,805|191,919|465,724|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources
f|expended
f|in funds
8|
|Unrestricted|funds|||||
|General
fund|||416,193|(292,970)|123,223|
|Restricted funds||||||
|Restricted
fund|||106,014|(37,318)|68,696|
|TOTAL FUNDS|||522,207|(330,288)|191,919|
##
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##
||||2022f|2021f|
|---|---|---|---|---|
|INCOME AND|ENDOWMENTS||||
|Donations
and||legacies|||
|Donations|||374,667|334,483|
|Grants|||243,729|172,740|
||||618,396|507,222|
|Other trading|activities||||
|Memberships|||3,333|2,534|
|Consultancy
services||||12,451|
||||3,333|14,985|
|Total incoming||resources|621,729|522,207|
|EXPENDITURE|||||
|Charitable
activities|||||
|Rent|||1,620||
|Marketing|||31,752|7,977|
|Consultancy
fees|||220,573|123,533|
|Travelling
expenses|||1,311|1,204|
|Conferences
and||events|15,478||
||||270,734|132,714|
|Supportcosts|||||
|Management|||||
|Wages|||142,551|85,833|
|Social security|||15,973|10,544|
|Pensions|||1,950||
|Marketing|||20,042||
|Consultancyfees|||80,855|75,399|
||||261,371|171,776|
|Finance|||||
|Bank charges|||1,218|1,106|
|Information
technology|||||
|ITsoftware
and||consumables|724||
##
##
||||2022f|2021
F|
|---|---|---|---|---|
|Other|||||
|Insurance|||907|895|
|Sundries|||5,587|3,019|
|Foreign exchange
Staff training||movements|4,649
550|7,312
134|
||||11,693|11,360|
|Governance|costs||||
|Auditors'
remuneration|||6,000|6,000|
|Accountancy
and
Trustee recruitment||legal fees|9,752|5,580
1,752|
||||15,752|13,332|
|Total resources|expended||561,492|330,288|
|Net income|||60,237|191,919|