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|Trustees'
annual
report (incorporating||the|director's|report)||
|Independent
examiner's
report|to the|trustees||||
|Statement offinancial
activities|(including||income and|||
|expenditure
account)||||||
|Statement offinancial
position||||||
|Statement ofcash flows||||||
|Notes to the financial statements||||||
|The following
pages do not form part ofthe financial statements||||||
|Detailed statement
offinancial|activities||||16|
|Notes to the detailed statement|offinancial||activities||17|
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||||2021|2021|2020|
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total funds|Total funds|
|||Note|6|K||
|Income and endowments||||||
|Charitable
donations|||498,107|498,107|839,885|
|Investment
income|||||1|
|Total income|||498,107|498,107|839,886|
|Expenditure||||||
|Expenditure
on charitable|activities|7,8|504,429|504,429|738,643|
|Total expenditure|||504,429|504,429|738,643|
|Net (expenditure)/income|and net movement|in funds|(6,322)|(6,322)|101,243|
|Reconciliation offunds||||||
|Total funds brought forward|||102,372|102,372|1,129|
|Total funds carried forward|||96,050|96,050|102,372|
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||Year en|ded 31 March 202|1||
|---|---|---|---|---|
||||2021|2020|
|||||F|
|Cash flows from operating|activities||||
|Net (expenditure)/income|||(6,322)|101,243|
|Adjustments
for:|||||
|Other interest receivable
and similar income||||(1)|
|Interest payable and similar|charges||46|65|
|Changesin:|||||
|Trade and other debtors|||(11,015)|(87,398)|
|Trade and other creditors|||133|(199,264)|
|Cash generated
from operations|||(17,158)|(185,355)|
|Interest paid|||(46)|(65)|
|Interest received||||1|
|Net cash used
in operating|activities||(17,204)|(185,419)|
|Cash flows from financing|activities||||
|Proceeds from borrowings|||(17,476)|17,476|
|Proceeds from loans from group undertakings|||50,000||
|Net cash from financing
activities|||32,524|17,476|
|Net increase/(decrease)
in cash and cash||equivalents|16,320|(167,943)|
|Cash and cash equivalents|at beginning|ofyear|37,361|205,304|
|Cash and cash equivalents|at end ofyear||52,681|37,361|
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|Charitable|donat|ions|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
|||||8|6||
|Donations|||||||
|Donations|received||82,000|82,000|695,270|695,270|
|Other donations||and legacies|||||
|Receipts under deed ofcovenant|||416,107|416,107|144,615|144.615|
||||498,107|498,107|839,885|839,885|
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|6.|Investment||income|income|income||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unrestricted||Total||Funds|Unrestricted|Total||Funds|
||||||||||||Funds|||2021
f|Funds
f|||2020|
||Bank interest|||receivable|||||||||||1|||1|
|7.|Expenditure|||on charitable activities||||||by fund|type||||||||
|||||||||||Unrestricted||Total||Funds|Unrestricted|Total||Funds|
||||||||||||Funds|||2021|Funds|||2020|
||||||||||||F||||F|||5|
||Charitable||donations|||||||502,150|||502,150||735,625||735,625||
||Support costs||||||||||2,279|||2,279|3,018|||3,018|
|||||||||||504,429|||504,429||738,643||738,643||
|8.|Charitable||donations||||||||||||||||
|||||||||||Activities|||||||||
|||||||||||undertaken|||||Totalfunds||Total fund||
|||||||||||directly Support costs|||||2021
K|||2020
f|
||Charitable|donations||||||||502,150|||||502,150||735,625||
||Governance||costs|||||||||||2,279|2,279|||3,018|
|||||||||||502,150||||2,279|504,429||738,643||
|9.|Independent|||examination||fees|||||||||||||
||||||||||||||||2021|||2020|
|||||||||||||||||||5|
||Fees payable|||to the|independent|||examiner for:|||||||||||
||Independent||examination|||ofthe financial statements|||||||||2,100|||2,100|
|10.|Staffcosts||||||||||||||||||
||The total staff|||costs|and employee|||benefits for|||the reporting||period are||analysed as|follows:|||
||||||||||||||||2021|||2020|
||The average|||head|count|of employees||||during|the year was|||3(2020:|3).The average||number
of||
||full-time
equivalent||||employees||during||the year||is analysed as|||follows:|||||
||||||||||||||||2021|||2020|
||||||||||||||||No.|||No.|
||Number of||staff - management||||||||||||3|||3|
||No employee|||received employee||||benefits of more than||||R60,000 during|||the year (2020:||Nil).||
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|||2021|2020|
|---|---|---|---|
|Loan|debtors|73,403|73,503|
|Other|debtors|25,730|14,615|
|||99,133|88,118|
|13.|Creditors: amounts|falling due within one year|falling due within one year|||
|---|---|---|---|---|---|
|||||2021|2020|
||Bank loans and overdrafts||||17,476|
||Amounts
owed to related||undertakings|50,000||
||Other creditors|||5,764|5,631|
|||||55,764|23,107|
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|||||||At|
|---|---|---|---|---|---|---|
||||At||31|March 202|
|||1|April 2020|Income|Expenditure|1|
|||||E|5||
|General|funds||102,372|498,107|(504,429)|96,050|
|||||||At|
||||At||31|March 202|
|||1|April 2019|Income|Expenditure|0|
|General|funds||1,129|839,886|(738,643)|102,372|
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|Analysis ofnet as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2021|
|Current assets||151,814|151,814|
|Creditors less than|1 year|(55,764)|(55,764)|
|Net assets||96,050|96,050|
|||Unrestricted|Total Funds|
|||Funds|2020|
|||5|5|
|Current assets||125,479|125,479|
|Creditors less than|1 year|(23,107)|(23,107)|
|Net assets||102,372|102,372|
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|Analy|sis ofchan|ges
in net debt||||
|---|---|---|---|---|---|
||||||At|
||||At 1 Apr 2020|Cash flows|31 Mar 2021|
|Cash|at bank and|in hand|37,361|15,320|52,681|
|Debt|due within one year||(17,476)|(32,524)|(50,000)|
||||19,885|(17,204)|2,681|
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|||2021|2020|
|---|---|---|---|
|||E||
|Income and endowments||||
|Charitable
donations||||
|Donations
received||82,000|695,270|
|Receipts under deed|ofcovenant|416,107|144,615|
|||498,107|839,885|
|Investment
income||||
|Bank interest receivable||||
|Total income||498,107|839,886|
|Expenditure||||
|Expenditure
on charitable activities||||
|Purchases||502,150|735,625|
|Legal and professional|fees|2 233|2,953|
|Other interest
payable|and similar charges|46|65|
|||504,429|738,643|
|Total expenditure||504,429|738,643|
|Net (expenditure)/income||(6,322)|101,243|
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||Year ended|31 March 20|21|||
|---|---|---|---|---|---|
||||2021||2020|
||||||E|
|Expenditure|on charitable activities|||||
|Charitable donations||||||
|Activities undertaken
directly||||||
|Donations|||502,150||735,625|
|Governance|costs|||||
|Governance|costs - accountancy fees||2,100||2,100|
|Governance|costs - legal and other professional|fees||133|853|
|Governance|costs - other finance costs|||46|65|
||||2,279||3,018|
|Expenditure|on charitable activities||504,429||738,643|