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|||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|
|||FundsFundsFunds|||Funds|
||Notes|||||
|Income from:||||||
|Donations and legacies|6(a)|187,176||10,418|197,594|
|Investments|6(b)||26,944||26,944|
|Other trading activities|6(c)|31,274|||31,274|
||Total income|218,450|26,944|10,418|255,812|
|Expenditure on:||||||
|Support to students|7(a)|58,994|-|10,418|69,412|
|Support to schools|7(b)|49,837|-|-|49,837|
|Charitable activities|7(c)|36,825|-|-|36,825|
|Raising funds|7(d)|8,284|-|-|8,284|
|Total expenditure||153,940|-|10,418|164,358|
|Net gains/(losses) on investments||-|144,781|-|144,781|
|Net income/(expenditure)||64,510|171,725|-|236,235|
|Transfers between funds||26,944|(26,944)|-|-|
|Net movement in funds||91,454|144,781|-|236,235|
|Reconciliation of funds:||||||
|Transfer of net assets from Rafiki||||||
|Thabo Foundation Trust||51,137|996,094||1,047,231|
|Total funds carried forward||142,591|1,140,875|-|1,283,466|





|||||BALANCE SHEET|BALANCE SHEET||
|---|---|---|---|---|---|---|
|||||at 31 December 2021|||
|||||Unrestricted|Designated Restricted|Total|
|||||FundsFundsFunds||Funds|
||||Notes||||
|Fixed assets|||||||
||Investments||||1,140,875|1,140,875|
||||||1,140,875|1,140,875|
|Current assets|||||||
|||Debtors|10|80,692|9,022|89,714|
|Cash||at Bank||69,559||69,559|
|||||150,251|9,022|159,273|
|Liabilities|||||||
|Liabilities falling due|||||||
|within one year|||12|7,660|9,022|16,682|
|Net current assets||||142,591||142,591|
|||||142,5911,140,875||1,283,466|
|Funds|||13||||
||Unrestricted|||142,591||142,591|
||Designated||||1,140,875|1,140,875|
||Restricted||||||
|||||142,591|1,140,875|1,283,466|






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|6)  INCOME FROM:|Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|
||FundsFundsFunds|||Funds|
|6(a)  Donations and legacies|||||
|Planned Gift Aided donations|9,738|||9,738|
|Unplanned Gift Aided donations|9,745|||9,745|
|Income tax recoverable|5,147|||5,147|
|CAF|2,123|||2,123|
|Cash donations|160,423|-|10,418|170,841|
||187,176|•|10,418|197,594|
|6(b) Investments|||||
|Dividends|-|26,944|-|26,944|
|6(c) Other trading activities|||||
|Fund raising events|21,329|||21,329|
|Management fees|7,200|||7,200|
|Income tax recoverable|2,745|||2,745|
||31,274|||31,274|
|Total income|218,450|26,94410,418||255,812|
|7)  EXPENDITURE ON:|||||
|7(a)  Support to students|||||
|Kenya|35,158||9,782|44,940|
|Uganda|20,039||636|20,675|
|Lesotho|3,797|||3,797|
||58,994||10,418|69,412|
|7(b) Support to Schools|||||
|Kenya/Lesotho/Uganda|49,837|||49,837|
|7(c)  Charitable activities|||||
|Fund raiser|23,148|||23,148|
|Director|12,570|||12,570|
|Administration|567|||567|
|Examination|540|||540|
||36,825|||36,825|
|7(d)  Raising funds|||||
|Fund raising events|8,284|||8,284|
|Total expenditure|153.940||10.418|164.358|
|Governance costs|||||
|Independent Examiner's fees||||540|






|Investments||||
|---|---|---|---|
|Market value at 1April|-   996,094|-996,094||
|Additions at cost|...|||
|Revaluation|-144,781^__144,781|||
|Market value at 31 December|-1,140,875•1,140,875|||
|During the nine months investments have been held for the Designated Funds in the COIF Global Equity Fund||||
|and the COIF Property Fund. At 31 December 2021 the holdings were||||
||no of shares value per share|||
|COIF Global Equity Fund239,183.01285.83||||
|COIF Property Fund361,723.60126.40||||
|10)DEBTORS||||
|Payments in advance|-<br>69,982|-|69,982|
|Dividends receivable|9,022<br>-||9,022|
|Inter Fund balance|9,022||9,022|
|Income tax recoverable|-<br>1,688|-|1,688|
||9,022<br>80,692|-|89,714|





||Unrestricted  Designated|Unrestricted  Designated|Restricted|Total|
|---|---|---|---|---|
||FundsFunds||Funds|Funds|
|12) CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|Inter Fund balance||9,022||9,022|
|Creditors for services|3,900|||3,900|
|Project costs payable|2,500|||2,500|
|Receipts in advance|1,260|||1,260|
||7,660|9,022||16,682|
|13) STATEMENT OF FUNDS|||||



|Fund nameBalance b/fIncome|Fund nameBalance b/fIncome|Fund nameBalance b/fIncome|Expense|Gain/loss|Transfers|Balance c/f|
|---|---|---|---|---|---|---|
|Unrestricted|51,137|218,450|(153,940)||26,944|142,591|
|Designated|996,094|26,944||144,781|(26,944)|1,140,875|
|Restricted||10,418|(10,418)||||
|Total funds|1,047,231|255,812|(164,358)|144,781||1,283,466|



|Restricted Funds are held for the support of specific students with disabilities in Kenya and Uganda. Designated Funds|Restricted Funds are held for the support of specific students with disabilities in Kenya and Uganda. Designated Funds|
|---|---|
|are funds the capital of which must be retained, in accordance with a decision of the Trustees.Income arising from the||
|investment of the Designated Funds may be used as unrestricted funds.||
|Unrestricted  Designated Restricted|Total|
|FundsFundsFunds|Funds|
|14) ANALYSIS OF NET ASSETS BY FUND||
|1,140,875<br>-<br>Fixed Assets|1,140,875|
|9,022<br>,251<br>150<br>Current Assets|159,273|
|(9,022)<br>,660)<br>(7<br>Current Liabilities|(16,682)|
|1,140,875<br>142,591<br>Fund balance|1,283,466|






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