| CONTENTS | Pages | ||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees' report |
2 —3 | ||
| Independent auditors' |
report | ||
| Statement ofFinancial | Activities | ||
| Balance sheet | |||
| Cash Flow Statement | |||
| Notes to the financial | statements | 8 - 12 |
| TATEMENT OF FINANCIAL A ccount) |
CTIVITIES (I | ncorporating I |
ncome and Expe | nditure | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Restricted | Unrestricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| INCOME FROM: | Notes | $ | $ | $ | $ |
| Donations income |
2 | 17,617 | 29,282 | 46,899 | 35,579 |
| Total | 17,617 | 29,282 | 46,899 | 35,579 | |
| EXPENDITURE ON: | |||||
| Charitable expenditure: |
|||||
| Development costs |
3 | 18,797 | 51,790 | 70,587 | 53,559 |
| Total | 18,797 | 51,790 | 70,587 | 53,559 | |
| Net movement in funds |
9 | (1,180) | (22,508) | (23,688) | (17,980) |
| Transfer between funds | |||||
| Reconciliation offunds |
|||||
| Total funds brought forward |
8,831 | 24,829 | 33,660 | 51,640 | |
| Total funds carried forward | 7,651 | 2,321 | 9,972 | 33,660 |
| SAT31DECEMBER | 2022 | |||
|---|---|---|---|---|
| Charity | ||||
| 2022 | 2021 | |||
| Notes | $ | $ | ||
| CURRENT ASSETS | ||||
| Debtors | 8,376 | |||
| Cash at bank and in hand | 19,258 | 34,569 | ||
| 19,258 | 42,945 | |||
| CREDITORS: amounts | falling due | |||
| within one year | (9,286) | (9,285) | ||
| NET CURRENT ASSETS | 9,972 | 33,660 | ||
| NET ASSETS | 9,972 | 33,660 | ||
| FUNDS | ||||
| Restricted funds | 7,651 | 8,831 | ||
| Unrestricted funds |
2,321 | 24,829 | ||
| 9,972 | 33,660 |
| Total funds | Total funds | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| $ | $ | |||||
| Cash in flows from operating | activities | (15,310) | (26,378) | |||
| Cash flows from investing | activities: | |||||
| lVe/ casl& provided by (used |
in) | invesflng | activities | |||
| Increase in cash and cash | equivalents | in the | (15,310) | (26,378) | ||
| reporting period |
||||||
| Cash and cash equivalents | at | the | beginning of | |||
| the reporting period |
34,568 | 60,947 | ||||
| Cash and cash equivalents | at | the | end ofthe | 19,258 | 34,569 | |
| reporting period |
||||||
| 2022 | 2021 | |||||
| $ | $ | |||||
| Reconciliation ofnet movement | in funds to cash | |||||
| flow from operating activities |
||||||
| Net movement in funds |
(23,688) | (17,980) | ||||
| (Increase)/decrease in debtors |
8,378 | (8,378) | ||||
| Increase/(decrease) in creditors |
(20) | |||||
| Net cash provided by in operating activities |
(15,310) | (26,378) | ||||
| Analysis ofcash and cash | equivalents | 2022 | 2021 | |||
| $ | $ | |||||
| Cash in hand | 19,258 | 34,569 | ||||
| Total cash and cash equivalents | 19,258 | 34,569 |
| he average monthly number ofvolunteers, incl |
uding trustees, during the year was 17(2021 |
- 17). |
|---|---|---|
| 2022 | 2021 | |
| No. | No. | |
| Trustees | 6 | 6 |
| Volunteers | 11 | 11 |
| 17 | 17 |
| NOT | ES TO THE FINANCIAL STATEMENT | ES TO THE FINANCIAL STATEMENT | S (continued) | |||||
|---|---|---|---|---|---|---|---|---|
| 2. | CHARITABLE ACTIVITIES | Restricted | Unrestricted | Total | funds | Total | funds | |
| Funds | Funds | 2022 | 2021 | |||||
| $ | $ | $ | $ | |||||
| Donations | 17,617 | 29,282 | 46,899 | 35,579 | ||||
| 17,617 | 29,282 | 46,899 | 35,579 | |||||
| PRIOR YEARACTIVITIES | Restricted | Unrestricted | Total | funds | ||||
| Funds | Funds | 2021 | ||||||
| $ | $ | $ | ||||||
| Donations | 8,831 | 26,748 | 35,579 | |||||
| 8,831 | 26,748 | 35,579 | ||||||
| 3(a) | CURRENT | YEAR | Direct | Support | Total | Total | funds | |
| EXPENDITURE ON | Costs | Costs | funds | 2021 | ||||
| 2022 | ||||||||
| $ | $ | |||||||
| Charitable | expenditure | |||||||
| Development | costs | 50,169 | 20,418 | 70,587 | 53 559 | |||
| Total expenditure | 50,169 | 20,418 | 70,587 | 53,559 | ||||
| Legal & | Total | costs | Total costs | |||||
| Professional | Other | 2022 | 2021 | |||||
| costs | Costs | |||||||
| SUPPORT | COSTS COMPRISE OF: | $ | $ | $ | $ | |||
| Operational | costs | 20,418 | 20,418 | 25,906 | ||||
| 20,418 | 20,418 | 25,906 |
| NOTES TO THE FINANCIAL STATEMENTS | NOTES TO THE FINANCIAL STATEMENTS | NOTES TO THE FINANCIAL STATEMENTS | NOTES TO THE FINANCIAL STATEMENTS | (continued) | ||||
|---|---|---|---|---|---|---|---|---|
| 3(b) | PRIOR YEAR EXPENDITURE | Direct | Support | Total | ||||
| ON | Costs | Costs | funds | |||||
| 2021 | ||||||||
| $ | ||||||||
| Charitable | expenditure | |||||||
| Development | costs | 27,653 | 25,906 | 53,559 | ||||
| Legal Ec | Total | costs | ||||||
| Professional | Other | 2021 | ||||||
| costs | Costs | |||||||
| SUPPORT | COSTS COMPRISE OF: | $ | $ | $ | ||||
| Operational | costs | 925 | 24,981 | 25,906 | ||||
| 3(c) | OTHER COSTS INCLUDE | 2022 | 2021 | |||||
| $ | $ | |||||||
| Governance | costs (Note | 4) | 7,972 | 6,888 | ||||
| Website and | marketing | 6,200 | 14,722 | |||||
| Bank charges | 1,471 | 575 | ||||||
| (Gain)/Loss | on foreign | exchange | 4,775 | 2,796 | ||||
| 20,418 | 24,981 | |||||||
| 4. | GOVERNANCE COSTS |
2022 | 2021 | |||||
| $ | $ | |||||||
| Audit &accountancy | services | 7,972 | 6,888 |
| (continued) | ||||
|---|---|---|---|---|
| 7. | CREDITORS: amounts | falling due within | Charity | |
| one year | 2022 | 2021 | ||
| $ | $ | |||
| Accruals | 9,286 | 9,285 | ||
| 9,286 | 9,285 |
| 8. | RELATED PARTY NOTE | |||||
|---|---|---|---|---|---|---|
| During the period there were no related party | transactions to |
note. | ||||
| 9. | STATEMENTOF FUNDS | Brought | Income | Expenditure | Transfers | Carried |
| CURRENT YEAR | Forward | Forward | ||||
| $ | $ | |||||
| GENERAL FUNDS | ||||||
| General charitable funds |
24,829 | 29,282 | (51,790) | 2,321 | ||
| Total general funds | 24,829 | 29,282 | (51,790) | 2,321 | ||
| RESTRICTED FUNDS | ||||||
| Education Lebanon |
8,831 | 17,617 | (18,797) | 7,651 | ||
| Total restricted funds |
8,831 | 17,617 | (18,797) | 7,651 | ||
| SUMMARY OF FUNDS | ||||||
| General funds |
24,829 | 29,282 | (51,790) | 2,321 | ||
| Restricted funds | 8,831 | 17,617 | (18,797) | 7,651 | ||
| Total funds | 33,660 | 46,899 | (70,587) | 9,972 | ||
| STATKMENTOF FUNDS | Brought | Income | Expenditure | Transfers | Carried | |
| PRIOR YEAR | Forward | Forward | ||||
| $ | $ | |||||
| GENERAL FUNDS | ||||||
| General charitable funds |
51,640 | 35,579 | (53,559) | 33,660 | ||
| Total general funds | 51,640 | 35,579 | (53,559) | 33,660 |