2022-12-31-accounts

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•Jy Annnual

THANK YOU Annnual report 2022 23

			2022		2021
		Unrestictsd	Restricted
		funds	funds	Total	Total
	Note
Income and endowments from:
Donations and legacies	2	1,711,880	1,408,629	3,120,509	3,118,557
Other trading activities	3	384,356	40,500	424,856	110,154
Investments	4	1,321		1,321	535
Total Income		2,097,557	1,449,129	3,546,686	3,229,246
Expenditure on:
Charitable activities	5	797,831	2,125,338	2,923,169	2,707,313
Raising funds	6	603,255	23,054	626,309	633,110
Total expenditure		1,401,086	2,148,392	3,549,478	3,340,423
Net Income / (expenditure)		697,471	(700,263)	(2,792)	(111,177)
Transfers between funds	16	(930,521)	930,521
Net movement in funds	16	(234,050)	231,258	(2,792)	(111,177)
Reconciliation of funds:
Total funds brought forward	16	947,670	83,477	1,031,147	1,142,324
Total funds carried forward	16	713,620	314,735	1,028,355	1,031,147

		2022	2021
	Note	E
Fixed assets
Tangible assets	12	78,810	87,077
Current assets
Debtors	13	14,709	71,546
Cash at bank and in hand		1,156,600 4421,171,309	933
			1,004,988
Creditors: amounts falling due within one year	14	(131,764)	(60,918)
Net current assets		1,039,545	944,070
Creditors: amounts falling due after one year	15	(90,000)
Net assets		1,028,355	1,031,147
Charity Funds
Restricted funds	16	314,735	83,477
Unrestricted funds	16	713,620	947,670
Total charity funds	16	1,028,355	1,031,147

		2022	2021
	Note
Net cash flow from operating activities	18	294,958	(116,429)
Cash flow from investing activities
Payments to acquire tangible fixed assets		(22,498)	(29,205)
Net cash flow from investing activities		(22,498)	(29,205)
Net increase/(decrease) In cash and cash equivalents		272,460	(145,634)
Cash and cash equivalents at 1 January 2022		933,442	1,092,988
Exchange differences		(49,302)	(13,912)
Cash and cash equivalents at 31 December 2022		1,156,600	933,422
Cash and cash equivalents consists of:
Cash at bank and in hand		1,156,600	933,442
Cash and cash equivalents at 31 December 2022		1,156,600	933,442

	2022	2021
	£
Individuals	1,336,433	1,355,791
Partner schools	166,430	284,369
Corporate	1,076,578	956,316
Trusts & foundations	276,258	444,164
Institutions	192,715
Digital	72,095	77,917
	3,120,509	3.118,557

		2022	2021
Fundraising	events	424,856	110,154
		424,856	110,154

	2022	2021
Interest−deposits	1,321	535
	1 321	535

	2022	2021
Building costs	385,615	531,493
Building maintenance	129,019	147,831
Upgrades to WASH facilities	2,482	856
Local country salaries	708,059	628,309
Educational resources	193,770	178,543
Teachers' salaries	338,782	261,759
UWK project costs (Cambodia)	31,534	47,200
Travel & subsistence in country	84,791	58,797
Administrative costs in country	33,113	42,809
UK programmes and operations salaries	448,879	375,365
Vehicle hire, maintenance & running costs	163,923	64,967
Telephone / Internet	_	14,494
Rent in country	44,326	37,339
Foreign exchange losses / (gains)	48,086	14,596
Depreciation	29,335	29,730
PR materials		96,859
Consultancy	88,981	19,328
Pensions	16,544	13,265
Support and governance costs (see note 8 overleaf)	175,930	143,773
	2,923,169	2,707,313

alysis of expenditure on raising funds
	2022	2021
Charity portal fundraising fees	3,691	6,101
Fundraising event costs	98,825	7,326
UK salaries	324,429	402,739
PR materials	77,469	78,250
Support and governance costs (see note 7)	121,895	138,694
	626,309	633,110

	Raising	Charitable
2022	funds	Activities	Total
	£	£	£
UK rent	10,513	15,173	25,686
Travel & subsistence			−
Foreign exchange losses / (gains)	497	717	1,214
Consultancy fees	20.280	29,270	49,550
Auditor's remuneration (see note 10	7,773	11,219	18,992
below)
Recruitment fees	6,682	9,644	16,326
Legal fees		−	−
Bank charges	863	1,244	2,107
Office supplies and IT	25,724	37,128	62,852
Telephone and intemet	5,130	7,404	12,534
Insurance	2,585	3,731	6,316
Contractor fees	36,550	52,753	89,303
Other	4,713	6,803	11,516
Depreciation of office equipment	585	844	1,429
Total	121,895	175,930	297,825

Allocation o f support and governance costs	(continued)
	Raising	Charitable
2021	funds	Activities	Total
UK rent	16,861	16,281	33,142
Travel & subsistence	9,801	9,464	19,265
Foreign exchange losses / (gains)	(349)	(336)	(685)
Consultancy fees	31,200	−	31,200
Auditor's remuneration (see note 10
below)	5,692	5,468	11,160
Recruitment fees	30,285	29,098	59,383
Legal fees	5,002	4,807	9,809
Bank charges	365	351	716
Office supplies	25,854	24,840	50,694
Telephone and intemet	1,870	1,805	3,675
Insurance	1,084	1,046	2,130
Contractor fees	5,019	45,176	50,195
Other	2,503	2,404	4,907
Depreciation of office equipment	3,507	3,369	6,876
Total	138,694	143,773	282,467

	2022	2021
Depreciation of tangible fixed assets	35,393	36,606
Net losses on foreign exchange	46,681	13,911

	2022	2021
	Number	Number
Raising funds	7	9
Charitable activities	10	11
	17	20

		MOW
	Office Equipment	vehicles	Total
	£	£	£
Cost or valuation:
At 1 January 2022	34,742	276,756	311,498
Additions	19,717	2,077	21,794
At 31 December 2022	54,459	278,833	333,292
Depreciation:
At 1 January 2022	14,985	209,436	224,421
Charge for the year	16,128	19,265	35,393
At 31 December 2022	31,113	228,702	259,815
Net book value:
At 31 December 2022	23,345	50,131	73,477
At 31 December 2021	19,757	67,320	87,077

	2022	2021
Wages and salaries	687,734	709,373
Social security	73,078	71,293
Defined contribution pension costs	28,040	27,268
		807,934
	788,852

	2022	2021
Prepayments	10,221	15,305
Accrued income		53,008
Other debtors	4,488	3,233
	14,709	71,546

xceeded	£60,000 was:
		2022	2021
		Number	Number
£60,001	−£70,000	1		2
£70,001	−£80,000			1

	2022	2021
Accruals	15,000	28,950
Other tax and social security	16,232	27,415
Pensions	3,407	4,553
Trade Creditors	74,025
Other Creditors	23,099
	131,764	60,918

	Brought				Gains/	Closing
	forward	income	Expenditur	Transfers	(losses)	balance
			e
	£	E	£	£	£	£
General	947,670	2,098,557	(1,401,086)	(930,521)		714,620
	947,670	2,098,557	(1,401,086)	(930,521)		714,620

	Brought				Gains /	Closing
	forward	Income	Expenditur	Transfers	(losses)	balance
			0.
General	1,009,777	2,064,176	(1,305,561)	(820,722)		947,670
	1,009,777	2,064,176	(1,305,561)	(820,722)		947,670

	2022	2021
Within one year		6,599
Due between 2−5 years
		6.599

	Brought				Gains I	Closing
	forward	Income	Expenditur	Transfers	(losses)	balance
Cambodia		536,929	(790,395)	328,466		75,000
Myanmar		140,549	(399,933)	259,384
Nepal		503,560	(772,102)	397,618		129,075
Madagascar	83,477	268,092	(126,894)	(114,015)		110,660
Central		−	(59,068)	59,068
	83,477	1,449,129	(2,148,392)	930,521		314,735

	Brought				Gains /	Closing
	forward	Income	Expenditur	Transfers	(losses)	balance
			e
	£	E	E	£	£	e
Cambodia	59,517	646,082	(1,051,729)	346,130
Myanmar		109,637	(293,080)	183,443
Nepal	73,030	306,554	(572,119)	192,535
UWK		16	(98,630)	98,614		−
Madagascar		102,781	(19,304)			83,477
	132,547	1,165,070	(2,034,862)	820,722		83,477

	2022	2021
Net (expenditure) for year	(2,792)	(111,177)
Depreciation of tangible fixed assets	30,765	36,606
(Increase) / decrease in debtors	56,837	(58,082)
Increase / (decrease) in creditors	160,846	2,312
(Gains) / losses on foreign exchange	49,302	13,912
Net cash flow from operating activities	294,958	(116,429)

	Unrestricted	Restricts
	funds	d funds	Total
		£
Fixed assets	78,810	−	78,810
Net current assets	711,739	237,805	949,544
Total	790,550	237,805	1,028,355

	Unrestricted	Restricts
	funds	d funds	Total
Fixed assets	87,077	−	87,077
Net current assets	860,593	83,477	944,070
Total	947,670	83,477	1,031,147