2021-12-31-accounts - Tools For Self Reliance

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Company	Information	Information	Information		Message from our Chair	Message from our Chair	Message from our CEO	Message from our CEO
I o
Our Africa	Programme				Our LIK Programme		Fundraising
Treasurer's		Review	and		Independent Auditors		Statement	of Financial
Policies					Report		Activities
Balance Sheet					Notes to the Financial Statements		Ann exes
					Ms Linda Hansford —Chair		and Treasurer
Directors					Ms S Erb		Ms J Scott
					Ms M Tarrant		Ms Caroline	Pinder (co-opted)
Chief Executive Officer					Ms S L Ingleby
					Netley Marsh Workshop
					Netley Marsh
Registered		Office			Southampton Hampshire
					SO40 7GY
Registered		Company		Number	01487630(England	and Wales)
Registered		Charity	Number		280437
					Morris Crocker
					Chartered Accountants
					Station House
Accountants		and auditors			50 North Street
					Havant
					Hampshire
					PO9 1QU
Principal Bankers					HSBC —Totton, Hampshire CAF —West Mailing, Kent
Website					www. ffsr.org

			Unrestricted	Restricted	2021	2020
			funds	funds	Total Funds	Total Funds
		Notes	E	F		f
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	240,093	50,046	290,139	340,760
Charitable activities
Charitable activity		5	128,150	191,535	319,685	170,271
Other trading activities		3	92,032		92,032	109,006
Investment income		4	62,456		62,456	60,223
Total			522,732	241,581	764,313	680,260
EXPENDITURE ON
Raising funds		6	155,697		155,697	118,351
Charitable activities
Charitable activity		7	277,347	279,290	556,637	514,292
Total			433,044	279,290	712,334	632,643
Net gains on investments			55,000		55,000
NET INCOME/(EXPENDITURE)			144,688	(37,709)	106,979	47,617
Transfers between funds		20	3,132	(3,132)
Net movement in funds			147,820	(40,841)	106,979	47,617
RECONCILIATION OF FUNDS
Total funds brought forward			582,196	370,585	952,781	905,164
TOTAL FUNDS CARRIED FORWARD			730,016	329,744	1,059,760	952,781


Tools for Self Reliance —Company Report ofthe Directors forthe year	Limited by Guarantee ended 31stDecember 2021		&It'g BRLIF
		BALANCE SHEET
	31 DECEMBER 2021
			2021	2020
		Notes	6	5
FIXEDASSETS
Tangible assets		13	145,185	137,307
Investment property		14	370,000	315,000
			515,185	452,307
CURRENT ASSETS
Debtors		15	11,828	4,564
Cash at bank			572,145	568,145
			583,973	572,709
CREDITORS
Amounts falling due within one year		16	(20,193)	(68,855)
NET CURRENT ASSETS			563,780	503,854
TOTAL ASSETS LESSCURRENT
LIABILITIES			1,078,965	956,161
CREDITORS
Amounts falling due after more than one	year	17	(19,205)	(3,380)
NET ASSETS			1,059,760	952,781
FUNDS		20
Unrestricted funds			315,333	322,513
Designated funds			100,000
Restricted funds			329,744	370,585
Revaluation Reserve			314,683	259,683
TOTAL FUNDS			1,059,760	952,78 I

	FOR THE	YEAR ENDED 3	1 DECEMBER 2021
			2021	2020
		Notes	f.	f.
Cash flows from operating	activities
Cash generated from operations			42,497	55,464
Net cash (used in)/provided	by operating	activities	42,497	55,464
Cash flows from investing	activities
Purchase of tangible fixed assets			(14,019)
Interest received			1,742	2,254
Net cash (used in)/provided	by investing	activities	(12,277)	2,254
Cash flows from financing	activities
Capital repayments			(26,220)
Cash inflows from new borrowings				50,000
Net cash (used in)/provided	by financing	activities	26,220	50,000
Change in cash and cash	equivalents	in
the reporting period			4,000	107,718
Cash and cash equivalents	brought
forward			568,145	460,427
Cash and cash equivalents	at 31
December 2021			572 145	566 145

	FOR THE	FOR THE	FOR THE	YEAR ENDED 31 DECEMBER 2021
RECONCILIATION	OF NET			INCOME TO NET CASH FLOW FROM	OPERATING	ACTIVITIES
					2021	2020
					f	6
Net income for the	reporting			period (as per the Statement of
Financial Activities)					106,979	47,617
Adjustments for:
Depreciation charges					6,140	4,737
Gains on investments					(55,000)
Interest received					(1,742)	(2,254)
Decrease/(increase)	in	debtors			(7,264)	(2,565)
(Decrease)/increase	in	creditors			(6,616)	7,929
Net cash (used in)/provided				by operations	42,497	55,464
ANALYSIS OF CHANGES			IN	NET FUNDS
				At 1.1.21	Cash flow	At 31.12.21
				E	6	6
Net cash
Cash at bank				568,145	4,000	572,145
				568,145	4,000	572,145
Debt
Debts falling due within		1 year		(50,000)	29,807	(20,193)
Total				518,145	33,807	551,952

Freehold property	Freehold property	2% on cost
Improvements	to property	2% on cost
Motor vehicles		20% on cost

INVESTMENT	INCOME
				2021	2020
				f	f
Rents Received				60,714	57,969
Deposit account interest				1,742	2,254
				62,456	60,223
All investment	income is derived	from assets	held in the United	Kingdom.
INCOME FROM CHARITABLE		ACTIVITIES
				2021	2020
		Activity		f	f
Grants and donations		Charitable	activity	319,685	170,271
RAISING
Other trading	activities
				2021	2020
				f	f.
Other trading costs				155,697	118,351
CHARITABLE	ACTIVITIES COSTS
				Support
			Direct Costs	costs (see	Totals
				note 8)
				f
Charitable acti	vity		551,244	5,393	556,637

				Governance
				costs
				f.
Charitable	activity			5,393
Support costs, included		in the above, are as follows:
			2021	2020
			Charitable	Total
			activity	activities
Auditors'	remuneration		4,250	4,600
Bond Membership/Exhibition			1,143	786
			5,393	5,386

Net inco	me/(e	xpenditur	e) is stated after charging/	(crediting):
				2021	2020
				6
Auditors'	remuneration			4,250	4,600
Depreciation-		owned	assets	6,140	4,738
				10,390	9,338

STAFF COSTS
	2021	2020
	f
Wages and salaries	261,902	243,988
Social security costs	20,268	18,686
Other pension costs	27,190	26,133
	309,360	288,807

llows:
2021		2020
6		6
	10

				2020
		Unrestricted	Restricted	Total
		funds	funds	Funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies		257,955	82,805	340,760
Charitable activities
Charitable activity		30,875	139,396	170,271
Other trading activities		109,006		109,006
Investment income		60,223		60,223
Total		458,059	222,201	680,260
EXPENDITURE ON
Raising funds		118,351		118,351
Charitable activities
Charitable activity		336,133	178,159	514,292
Total		454,484	178,159	632,643
Net gains on investments
NET INCOME/(EXPENDITURE)		3,575	44,042	47,617
Transfers between funds		28,000	(28,000)
Net movement in funds		31,575	16,042	47,617
RECONCILIATION OF FUNDS
Total funds brought forward		550,621	354,543	905,164
TOTAL FUNDS CARRIED FORWARD		582,196	370,585	952,781

		Improvements
	Freehold	to		Plant and	Computer
	property	property	Motor vehicles	machinery	equipment	Totals
	6			6	6
COST
At 1 January 2021	106,091	130,813		51,071	24,745	312,720
Additions			14,019			14,019
Disposals
At 31 December 2021	106,091	130,813	14,019	51,071	24,745	326,739
DEPRECIATION
At 1 January 2021	47,371	52,227		51,071	24,745	175,414
Charge for year	2,122	2,616	1,402			6,140
Eliminated on disposal
At 31 December 2021	49,493	54,843	1,402	51,071	24,745	181,554
NET BOOK VALUE
At 31 December 2021	56,598	75,970	12,617			145,185
At 31 December 2020	58,720	78,586				137,306
INVESTMENT PROPERTY
FAIR VALUE
At 1 January 2021						315,000
Revaluation						55,000
At 31 December 2021						370,000
NET BOOK VALUE
At 31 December 2021						370,000
At 31 December 2020						315,000

Fair value at 31 December 2021 is represented	by:
		6
Valuation in 1997		200,000
Improvement Cost in 2008		35,886
Valuation in 2008		14,114
Improvement Cost in 2009		19,431
Valuation in 2011		30,569
Value in 2016		15,000
Value in 2021		55,000
Fair Value		370,000

15.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
			f	6
	Other debtors		11,828	4,564
16.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
			F	6
	Bank loans and overdrafts	(see note 18)	5,228	50,000
	Trade creditors		2,047	9,584
	Social security and other	taxes	5,760	4,671
	Other creditors		7,158	4,700
			20,193	68,955
17.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
			2021	2020
			F	F
	Bank loans and overdrafts	(see note 18)	18,552
	Pension contributions		653	3,380
			19,205	3,380
18.	LOANS
	An analysis of the maturity	of loans is given below:
			2021	2020
			F	6
	Amounts falling due within	one year on demand:
	Bank loans		5,228	50,000
	Amounts falling due after	one year on demand:
	Bank loans		18,552
			23,780	50,000

		Unrestricted	Restricted		2021	2020
		funds	funds		Total Funds	Total Funds
		F	F		F
Fixed assets		145,185			145,185	137,307
Investments		370,000			370,000	315,000
Current assets		254,229	329,744		583,973	572,709
Current liabilities		(20,193)			(20,193)	(68,855)
Long term liabilities		(19,205)			(19,205)	(3,380)
		730,016	329,744		1,059,760	952,781
MOVEMENT IN	FUNDS
			Net		Transfers
		At 1.1.21	movement	in	between	At 31.12.21
			funds		funds
Unrestricted funds
General fund		322,513	(10,312)		3,132	315,333
Designated fund			100,000			100,000
Revaluation reserve		259,683	55000			314,683
Total Unrestricted	Funds	582,196	144,688		3,132	730,016
Restricted funds
UK Programme		73,700	(55,509)			18,191
Africa Programme		293,099	18,453			311,552
Other		3,786	(654)		(3,132)
Total Restricted	Funds	370,585	(37,709)		(3,132)	329,744
TOTAL FUNDS		952,781	106,979			1,059,760
Prior year toter funds		905,164	47,617			952,781

		2021				2020
				Net			Nef
			Gains and	Movement			Movement
	Income	Expenditure	losses	in funds	Income	Expenditure	in funds
Unrestricted funds
General fund	422,732	(433,044)		(10,312)	458,059	(454,484)	3,575
Designated fund	100,000			100,000
Revaluation reserve			55,000	55,000
Total Unrestricted	522,732	(433,044)	55,000	144,688	458,059	(454,484)	3,575
Restricted funds
UK Programme	20,000	(75,509)		(55,509)	56,469	(92,158)	(35,689)
Africa Programme:
General	52,321	(45,612)		6,709	43,35T	7,195	50,552
Ghana	49,507	(28,769)		20,738	4,500	(23,207)	(18,707)
Malawi	8,850	(45,525)		(36,675)	28,695	(13,858)	14,837
Sierra Leone	50,115	(71,008)		(20,893)	52,066	(37,273)	14,T93
Uganda	2,000	(17,792)		(15,792)	36,194	(47,403)	(11,209)
Zambia	58,788	5,579		64,367	885	(850)	35
Total Africa Programme	221,581	(203,128)		18,453	165,697	(115,396)	50,301
Other		(654)		(654)	35	29,395	29,430
Total Restricted	241,581	(279,290)		(37,709)	222,201	(178,159)	44,042
TOTAL FUNDS	764,313	(712,334)	55,000	106,979	680,260	(632,643)	47,617

Minimum	lease payments
		2021	2020
		F	F
Within one year		687	1,206
Between	one and five years	162	849
In more	than five years
		849	2,055

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