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2020-12-31-accounts

Company no. 01872538 Charity no. 290836

APT Action on Poverty Report and Audited Financial Statements 31 December 2020

APT Action on Poverty

Reference and administrative details

For theyear ended 31 December 2020
Company number 01872538
Charity number 290836
Registered office and Nicholas House
operational address Heath Park
Main Road
Cropthorne
Pershore
Worcestershire, WR10 3NE
Trustees Trustees, who are also directors under company law, who served
during the year and up to the date of this report were as follows:
Helen Altshul
Jake Bharier
Brian Capper
David Elliott
Neil Fray
Malcolm Harper
Louise Locke
Justine Williams
Chief executive Alex Daniels
Company secretary Elizabeth Chard
Bankers Barclays Bank plc Virgin Money plc
128 High Street Jubilee House
Cheltenham Gosforth
GL50 1EL NE3 4PL
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Auditors Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

The trustees are pleased to present their report and accounts for the year ended 31 December 2020, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The accounts comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Structure, governance and management

The company is limited by guarantee, was registered as a charity in 1985 and is governed by its Memorandum and Articles of Association.

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the company’s aims and objectives and in planning future activities and are therefore confident that APT Action on Poverty (‘Action on Poverty’) meets the public benefit requirements.

When considering the appointment of trustees the board give regard to the skills audit of existing trustees, the requirement for any specialist skills, and the ability to contribute to the charity’s governance and objectives. The key element of the trustee’s induction is to ensure a sound understanding of the charity’s mission, principles and strategy as well as the legal obligations of trustees. The induction process for new trustees involves a combination of provision of key documents plus communications and face to face discussions with the Chair of the trustees and the Chief Executive. New trustees are required to comply with company law requirements and declare any interests.

The Chief Executive of Action on Poverty, Alex Daniels, is appointed by the trustees to manage the day to day operations of the charity and ensure the overall implementation of the organisational strategy as agreed by the trustees. The Chief Executive and the Chair of the trustees communicate on a regular basis.

Objectives and activities for the public benefit

Our Vision:

A fair world free from poverty and discrimination where every person is empowered to fulfil their potential.

Our Mission:

To transform lives and promote economic empowerment and social change by helping vulnerable and socially excluded people achieve sustainable livelihoods and by addressing the barriers that limit their participation.

We aim to achieve our objectives through delivering programmes targeting specific sectors, communities and/or disadvantaged groups. These programmes all have a livelihood focus (accessing employment, incomes and/or increased food production) together with addressing inequalities and exclusion of target beneficiaries to secure sustainable and transformational change. We deliver this through working together with overseas partners and their beneficiaries to design programmes and activities in the various countries in which we operate. The nature of the activities will depend upon the local needs prioritised and the capacity/experience of the partners.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

Our key strengths are our experience with:

Achievements and performance

By the end of 2020 there were six active programmes delivering high quality, effectively monitored work and sustainable impact. Two of these also have significant extensions for ‘COVID Rapid Response’ projects.

The global impact of COVID-19 is likely to be felt for a long time here in the UK and in the poorest communities in sub-Saharan Africa where we work, with both economic and social impact. The impact in sub-Saharan Africa has not been as serious as in the UK. However, statistical data, health facilities, reporting and testing are all extremely poor with movement restrictions severely hindering access to food and other basic needs. Despite the increased needs many funding sources have faced disruptions and have declined. No overseas travel has taken place since January 2020 and this has meant that project managers have conducted meetings online and have developed different approaches to supporting and managing projects. For most of 2020, staff have been working from home with weekly project management meetings held via Zoom, staff meetings have been held monthly and interim meetings arranged as and when necessary.

Despite the challenges Action on Poverty has made an impact this year which went far beyond our expectations. We have helped over 51,000 beneficiaries directly during 2020 to obtain sustainable livelihoods so that they can secure enough food, medicines and education for themselves and their children and a life with more respect and dignity. A further 100,000 people have been helped through being better informed, empowered and/or as dependants of the direct beneficiaries. To extend the impact and to build for the future our work has also helped 452 small community organisations, disabled people’s organisations, and producer groups to become more effective in helping their members collaborate for increased incomes, obtain better services and/or to influence other stakeholders to ensure their needs are not excluded in the future.

Within this, we consider that poverty and gender inequality are inextricably linked and this continues to be reflected in our work and more than half of our current beneficiaries are women. We also continue to support mainstream people with disabilities into our work and to support programmes that promote their inclusion.

We have continued to have considerable success with key institutional donors adding the National Lottery Fund and increasing funding from UK Aid and European funding. This is despite the uncertainty resulting from the merger of the Department for International Development (DFID) with the Foreign Office and the heavy cuts in the 0.7% of Gross Domestic Product (GDP) target for overseas aid. In terms of diversification, the number of different institutional donors and trusts providing grants of over £10,000 was 7 in 2020 (up from 5 in 2019). Continued emphasis was given to securing significant levels of donations from trusts and foundations and this has continued to be successful. Donations from trusts have been approximately 20% of our total income in 2020. We have received a grant of £32,787 from the Turing Foundation for apprenticeship work with young people, a grant of £10,000 as part of a three year grant from the Marr Munning Trust for young women in Sierra Leone and a £25,000 contribution as part of a three year grant from the Medicor Foundation to improve livelihoods and food security for vulnerable people in Sierra Leone.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

In April 2020 we were approached by the charity African Initiatives (Registered Charity No. 1064413) as to whether we would be interested in taking over the management of a project in Tanzania as sadly they were planning to close in the Spring of 2021. The project is concerned with building the capacity of village savings and credit groups and their ability to mainstream people with disabilities in their work. This is a good strategic fit for Action on Poverty and we are pleased to be able to help the good work continue. The project is funded by the National Lottery Fund and, after much discussion between the parties and due diligence procedures we took over the management of the ‘Tusonge’ project in November 2020. This project is included in the performance of programmes detailed below.

Performance of programmes

Sierra Leone

‘Livelihoods and Food Security for Vulnerable People in Sierra Leone’ (April 2018 - June 2021) This project is with our partner Movement for Assistance and Promotion of Rural Communities (MAPCO) and funded by the Foreign, Commonwealth and Development Office (FCDO), previously DFID, through UK Aid with matched funding from Medicor Foundation. The project addresses the chronic poverty faced by rural communities with inadequate incomes, food and nutrition, especially children and vulnerable mothers in Moyamba District one of the two poorest districts in the country. This situation is exacerbated by gender and disability discrimination and the unemployment of youth.

Through a proven sustainable Community Based Organisation (CBO) support model these vulnerable groups are being targeted in 15 communities (64,000 people) to improve livelihoods and food security through access to resources, markets, knowledge, skills in agriculture and enterprise together with integrated inputs on women’s and youth empowerment and well-being.

The project has expanded to incorporate COVID-19 rapid response activities over a six month period September 2020 – February 2021.

These included sensitising communities in both Moyamba and Pujehun providing hand washing stations and latrines, improving water sources and supporting the CBO loan schemes to cope with the crisis. Also promoting livelihood activities to respond to the Covid restrictions such as by increasing vegetable production for their own consumption and for sale rather than reliance on petty trading when markets were closed.

The project continues to be successful in terms of depth, outreach and sustainability of its impact. Two meals per day are being eaten by 98% of participating families compared with only 34% at the start of the project. Over 22,000 people have increased their household income by at least 50% and 15 communities have increased access to drinking water.

MAPCO held an experience sharing meeting with other Non-Government Organisations (NGOs), they then cascaded the information to 15 Community Based Organisations (CBOs). All MAPCO staff attended a disability-awareness toolkit training and are in turn holding CBO based training on disability awareness.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

Action on Poverty were pleased to be asked by UK Aid Direct to do a webinar presentation to other grant holders on the subject of ‘Women and Financial Inclusion and the Impact of COVID-19’ on revolving loan schemes. Our project with MAPCO showed that loan repayments were still on schedule and that adaptations had been made to ensure the viability of the scheme and continued support of the CBOs.

The project was due to end in March 2021 but has been extended for a further three months as a result of the FCDO cuts (across all grants during 2020) which required that savings in 2020 were transferred to 2021. An external evaluation will be carried out in April 2021.

‘The Empowerment and Education of Young Mothers, Women and Girls’ (August 2018 - August 2021)

In August 2018 with our partner Community Action for Rural Development (CARD) and with funding from the European Union we began a project to empower 3,500 young women in 40 rural communities in Kenema District both economically and socially. They will access literacy, business skills, apprenticeships and rights training. Forty CBOs and five NGOs will be strengthened to deliver these services and to operate more effectively in the future. The project includes an understanding of the mechanisms to protect young women from gender-based violence and will foster attitudinal change among men and community leaders.

The project is progressing well in all areas. The second year of this 3-year project was completed at the end of August. The five NGOs have all improved their capacity to deliver services including improved skills in project management, monitoring, fundraising, advocacy and networking. They have gained experience in delivering a range of project interventions and are more aware of the importance of engaging with women and people with disabilities. Thirty staff and volunteers of the five NGOs have received additional training and the five NGOs have networked well with other departments and partners. The 40 CBOs have developed their management, improved planning and roles and responsibilities and established or expanded Village Savings and Loan Associations (VSLAs).

During the COVID-19 pandemic, the NGOs and CBOs coordinated well to deliver awareness raising and prevention activities in their communities with an additional small grant from Action on Poverty.

The third year of the project is progressing well. Disability awareness training was held for all five NGOs and the learning from this will be cascaded down to the 40 CBOs. Some of the CBOs have started up new literacy circles and apprenticeships and the VSLA schemes are operating well in all 40 communities. The five NGO partners have worked with the CBOs and local leaders to set up oversight committees that can continue to monitor and support the VSLAs, literacy training and apprenticeships after the project ends in August.

The Turing Foundation is also contributing to this project by supporting the apprenticeship training of 200 of the most vulnerable women especially those with disabilities and young mothers. Over 100 have completed their training programme. They have also received business training and are earning some income from their improved skills and benefiting from the revolving loan schemes that the project has helped them establish.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

‘Empowering Local Communities in Pujehun District’ (November 2019 - October 2022) This three year project started in November 2019 with funding from the European Union. We are providing technical support to the project being implemented by our partner MAPCO as they take on their first large project as the lead. The project will create lasting change by enhancing the capacity of community structures (CBOs), Village Development Committees (VDCs), Ward Development Committees (WDCs) and nine other rural chiefdoms in Pujehun District to improve integrated governance and deliver services on poverty reduction to 5,700 vulnerable families (approximately 30,000 people). It will contribute to the empowerment of marginalised and vulnerable communities in some of the most disadvantaged areas enabling women, youth and people with disabilities to access employment opportunities and earn sustainable incomes. It will increase the incomes of 4,560 vulnerable families bringing benefits to approximately 24,000 people.

The project has progressed well in its first year. CBOs in 19 rural communities have been established and have elected leaders from within their communities including a high representation of marginalised groups (62% women and 23% people with disabilities). All 19 CBOs are successfully delivering new livelihoods services in their communities with 59% of target households reached (18,969 people) by the end of year one. This has already impacted income levels as 40% of families have increased their incomes by at least 30%. VDCs and WDCs have been supported to improve their understanding of their roles and responsibilities and how to fulfil them which has increased their capacity to function effectively.

Kadiatu is currently taking part in a weaving apprenticeship. With mentoring from a local artisan she now designs and creates her own woven dresses. MAPCO has supported the trainee weavers to locate reasonably priced materials and the tools needed to make quality products and meet market demand. Kadiatu is now making five dresses a month.

She says ‘I am proud of my contribution to household income and I save the rest of my ’ earnings for unforeseen circumstances .

In early March there were 3,937 confirmed cases of COVID-19 in Sierra Leone and 79 deaths. There has been a small increase in the number of cases in our project districts since November and there has recently been a two week travel ban for Western Area. The outbreak of the Ebola virus in neighbouring Guinea is of great concern.

Kenya

Whilst Kenya is making some progress in its GDP as a country inequalities remain very challenging and our focus is on reaching those who are particularly marginalised.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

Strengthening the Implementation of the CRPD (Convention on the Rights of Persons with Disabilities) with Women with Disabilities in Kenya and Uganda (January 2019 – December 2021)

SITE Enterprise Promotion Limited (SITE), a long-term partner of Action on Poverty, is the lead partner of this project which will improve the implementation of the CRPD in order to promote the full and equal enjoyment of all human rights by women living with disabilities. It is managed from Kenya with Action on Poverty providing a technical support role along with two other partners KUB (Kenya Union of the Blind) and NUWODU (National Union of Women with Disabilities of Uganda). The focus within the CRPD is on Articles 6 (women) and 27 (livelihoods).

This is an ambitious project. The anticipated result is that the CRPD is more effectively implemented in Kenya and Uganda with specific reference to gender and livelihoods, enterprise and employment, and demonstrated in three selected areas. These are Meru and Machakos (Kenya) and Gulu (Uganda). The primary beneficiaries are 51,135 women with disabilities in Kenya and 21,526 in Uganda. It will integrate disability into wider human rights work specifically enabling access to services and resources to secure livelihoods, enterprise and employment for women with disabilities.

This project is making good progress despite being hindered by the indirect impact of COVID-19 due to the level of networking and linkages required. In early March 2021, there were 111,000 confirmed cases of COVID-19 and 1,899 deaths recorded in Kenya. Healthcare workers have been particularly affected. Testing is privatised and expensive, suggesting that a large number of cases go undetected as many people cannot afford to buy tests.

Nevertheless, the project has made good progress towards establishing co-ordinated and progressive efforts by many stakeholders to include women with disabilities in the targeted areas currently and in the longer term. Over 12,589 Women with Disabilities (WWD) have been recruited by 369 Disabled Persons Organisations (DPOs), which have been strengthened in leadership, management and representation of their members. New joint campaigns and collaborations including 157 new forums have improved effective engagement between DPOs leaders and duty-bearers. County and district plans and budgets increased recognition and inclusion of people with disabilities, including COVID-19 food aid, ramps to enable access to shops in the market, white canes and COVID-19 masks. WWDs totalling 288 were trained in enterprise, money management, record keeping and business skills and these women trained a further 1,740 WWDs.

Improved Livelihoods and Resilience through Camel Milk

During the latter part of 2020, we made preparations to start on the third phase of our highly successful ‘CAMILI’ project. We have been working with our partner SITE since 2014 to transform the camel milk value chain, improving productivity and competitiveness of camel milk and value added products. The second phase lasting 18 months of the project ended in January 2019 and exceeded its targets so now we want to consolidate and expand on the achievements.

Some of the funding had been secured by the end of December 2020 for this new phase of the project to increase the quantity and quality of camel milk and develop sustainable livelihoods, increasing incomes and food security. We are planning that 5,350 people involved in the ‘industry’ will benefit from an average 35% increase in incomes thereby reducing poverty and hunger among 5,350 households in vulnerable and fragile pastoralist communities. The nutritional status of 5,000 children under the age of five will be improved, 2,200 women milk traders will benefit from improved working conditions and access to equipment to sustain and grow their small enterprises. Additionally, 1,250 people will access new employment through the camel milk sector. Many thousands more will also benefit indirectly by having greater access to camel milk and its valuable nutritional qualities.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

Uganda

Skilling Youth for Sustainable Livelihoods in Refugee Hosting Communities (October 2019 – September 2021)

This is a two year project designed to increase employment opportunities for marginalised youth, including refugees in Agago and Lamwo Districts in Northern Uganda. It will address the skills, knowledge and experience gap that hinders young peoples’ ability to generate income or gain employment. The project is partnering with Volunteer Efforts for Development Concerns (VEDCO) and they have a strong team in place to cope with the challenges of undertaking sustainable development work in an area that has both severe deprivation and long-term emergency aid.

Eight hundred young people aged 18-24 (50% female, at least 5% people with disabilities and 35% refugees) will be trained in market-relevant technical and employability skills. Of these, 70% will earn an income through employment or self-employment and youth in general will have improved representation and engagement in public and private sectors.

In September we were requested by UK Aid Direct to reduce our budget by 25% and to transfer the savings to the next financial year. This has had a significant impact on the project’s workplan. The project is now in its second year and has trained the first cohort of 400 and started training the second cohort of 150 young people, working with 10 local businesses to provide work placements. The remaining 250 young people are expected to be brought on board in April 2021, later than planned due to budget cuts. This delay has caused some issues with local authorities as at the project inception meetings we had committed to enrolling 400 young people in the second cohort. It was agreed with the authorities that 50 young people would be selected in Agago district and 100 from Lamwo district including some from the refugee settlement.

Isaac is 17 years old from Palabek Gem sub county, Lamwo district. His friend encouraged him to go to meetings to find out about this project. He was selected for the project and chose a training course in tailoring as not many men work in tailoring. It seemed like a good opportunity for him to try something new. After his placement he received a start-up kit, which enabled him to open a tailoring workshop. He is now earning 250,000 UGX a month on average and his savings have increased. His life has changed a lot as he used to spend time gambling but now he is focussed on his tailoring business. He supports his family by contributing food for the household. He hopes to be a role model to inspire other youth in the community. He is planning to study design in the future after saving enough money to study. “You cannot make the situations in life but you can have the right attitude to fit those situations” he said.

VEDCO is drawing on learning and feedback from the first cohort of youth trainees to adapt and improve the project plans for the second year. This includes using feedback from the youth on the topics that they particularly valued within life skills and business skills training to tailor the training schedule for the second cohort. VEDCO is continuing to conduct monitoring visits and provide business mentoring support for young people from the first cohort who have set up their own businesses.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

In early March 2021, there were 40,535 confirmed cases of COVID-19 and 334 COVID-19 related deaths in Uganda. The rate of infection has steadily increased in recent months but lockdown restrictions have continued to ease, for example with mass gatherings now permitted with up to 200 people. Political tensions prior to, during and following the national elections were also closely monitored by us and our partners.

The COVID-19 Rapid Response project began on 1 October 2020 and is progressing well. Households totalling 800 of which 560 are led by women have been supported with local vegetable seeds for backyard gardens. Incomes are being quickly generated from fast maturing local vegetables such as cow peas. Twenty two people, including nine People With Disabilities (PWD) have been trained and supported in groups with materials to produce liquid soap and linked to fellow beneficiaries in both projects to market their products. Handwashing facilities were also provided to 800 households. Radio programmes have reached 23,000 people with key messages on COVID-19 awareness and prevention.

As mentioned under ‘ Kenya ’ earlier we are also ‘ Strengthening the Implementation of the CRPD with Women with Disabilities ’ and specifically with 21,516 women with disabilities in Uganda.

Tanzania

As mentioned above, in November 2020 we took over the management of a project entitled ‘Disability Inclusion in Village Community Banking’ (July 2018 – June 2022) from African Initiatives that is funded by the National Lottery Community Fund. The project is working in Njia Panda and Kilema Pofo villages in Njia Panda ward in Tanzania. The project has three main objectives. Firstly, to reach 540 direct beneficiaries with economic empowerment activities at least 10% of whom will be people living with a disability. Secondly, training and awareness raising activities to increase knowledge of disability rights and empower those living with disabilities to claim them. Thirdly, increasing the practice and capacity of Tusonge to design and implement disability inclusive projects.

By the end of year 2 in July 2020, 180 group members were reached with economic empowerment activities 26% of whom were people with disabilities and 37% were family members of an adult or child with a disability. The transfer from African Initiatives to Action on Poverty has gone very smoothly and there has been no negative impact or disruption for Tusonge.

Now in its third year, the project is progressing well with no major challenges. Tusonge have managed to find ways to work through the recent elections in October 2020 and all activities are on track to meet the end of year targets. Village Community Banking (VICOBA), financial management and entrepreneurship training have all gone smoothly and have been completed. Future plans involve vocational training and awareness training on disability rights will be run for people with disabilities, the wider community and local leadership. Capacity building training will be run in partnership with Uchimi bank for groups to open bank accounts. Signposting to local service providers and support to the emerging PWD Union will continue. The groups set up in years 1 and 2 continue to be supported through follow up training and visits, technical mentorship, learning exchange visits and microfinance institution/banking training. These will all contribute to the sustainability of the work.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

For most of 2020, the Government of Tanzania was reporting that COVID-19 had been overcome in the country and was not an issue. Given the lack of data and transparency it is very difficult to judge the overall impact COVID-19 has had on Tanzania. So far the communities we work with do not seem to have been significantly affected although with the lack of reliable data this is largely anecdotal. Tusonge adapted some of their planned awareness raising activities to spread messaging and information on COVID-19. This awareness raising campaign was run in partnership with local government and other local NGOs, and was successful in ensuring access to reliable advice and information for the communities we work with. Tusonge continues to take some preventative measures. There has been some disruption at the border with Kenya which has affected trade to some extent but this has not yet significantly impacted group members. Tusonge continues to monitor the situation.

Plans for the future

Our Strategic Plan confirms our vision, mission and aims.

We will continue to empower vulnerable people economically and socially by working together with local partners in sub-Saharan Africa.

We will deliver a sustainable, cost-effective and transformative impact on livelihoods work with some of the most marginalised people. We will work to catalyse change in this area of work proactively pushing a cross-cutting agenda of inclusive livelihoods amongst different stakeholders.

We strive to continuously improve the quality and effectiveness of our work supporting and developing new programmes in response to need and opportunities and diversifying our range of income sources.

Specific Objectives

We will:

Specific targets and activities have been set for the above.

Financial review

As always the vast majority of our total expenditure of £806,858 has been on charitable activities in the year and sent out to our overseas project partner organisations who lead our projects from within the communities they are designed to help. Similarly, of the costs incurred in the UK, the vast majority was spent on programme management, with our staff overseeing and adding value to the projects in the field and reporting back to our UK donors.

During 2020, our unrestricted activities resulted in a surplus of £80,104. This leaves free reserves of £272,928 at the year-end which were in excess of our 6-12 month target range and this will ensure we are able to continue operating as a going concern throughout 2021. Restricted reserves at the end of 2020 were £140,050.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

Reserves policy

Action on Poverty’s stated policy is to maintain a level of unrestricted reserves equivalent to 6-12 months’ running costs. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. As at 31 December 2020 unrestricted reserves equivalent to 19 months’ running costs were held. This is expected to reduce to 12-13 months during 2021.

Investment policy

The trustees have the power to invest in such assets as they see fit but to date surplus unrestricted funds are held on low risk deposit in order to ensure ready availability.

Risk management

Action on Poverty takes very seriously the management of risk to which the charity is exposed particularly cash flow, recruitment, safeguarding and safety and security of staff travelling overseas. The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to those risks.

The risk register is an agenda item at each trustees’ meeting and we have reviewed practices around managing the safety and security of staff when working overseas to ensure we are meeting reasonable duty of care requirements and have strengthened security risk management practices to mitigate exposure. Safeguarding policies and procedures have been brought into line with renewed donor practices and we are working with partners to improve policies and procedures. Partnership contracts are reviewed to bring them in line with donor requirements. Action on Poverty also has a child protection policy and vulnerable adults’ policy in place.

COVID-19

The trustees have considered the impact of the COVID-19 pandemic on the charity’s current and future financial position. During 2020, we were in discussions with our institutional donors to adapt our programmes accordingly. We were tracking and participating in the discussion on the rapid changes in the global environment and funding context and continue to do so.

The trustees appreciate that although some donors have cut their commitments these have to some degree been offset by one-off COVID grants. Rather than threats to existing funding, the main risk could be in obtaining new funding as cuts in company dividend income may affect the ability of some individuals and trusts to donate.

We remain particularly concerned about the impact on livelihoods in both the short and the long term in all the countries in which we work. The impact will not be felt equally. In the poorest communities or amongst those with hand-to-mouth livelihoods such as farm workers, market vendors, boda boda riders and hourly paid labour, the concern is not so much about economic growth but simply one of survival of the most vulnerable. The greatest impact is likely to be on those who are already vulnerable and in the depth of poverty including the significant percentages who do not make any savings and their coping mechanisms involve travelling to sell their labour or other prohibited activity.

Our approach to fundraising

Our supporters are key to everything we do. We are fully committed to being transparent and accountable about how our supporters’ donations are used. At Action on Poverty we are hugely grateful to all our donors and focus on building long-lasting relationships based on trust and respect. We follow the Fundraising Regulator’s Code of Fundraising Practice.

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APT Action on Poverty

Report of the trustees

For the year ended 31 December 2020

During 2020 we introduced a new Customer Relationship Management (CRM) system which has proved to be an excellent investment enabling easy tracking of funding applications, recording of donations and Gift Aid claims to Her Majesty’s Revenue and Customs (HMRC).

During the financial period ending December 2020 we did not use any professional fundraising organisations. Our fundraising is carried out by our small team of staff all of whom had additional roles in 2020 supervised by the Chief Executive. This has meant we have full control of and confidence in our fundraising practices.

We did not receive any complaints about our fundraising activities during the 2020 financial year. We keep up to date with changes to regulation, respond to consultations on this and update processes and practice as necessary to comply. We welcome feedback from supporters and proactively use it to improve and enhance our fundraising campaigns.

Asset cover for funds

The trustees are satisfied that the charitable company’s assets and cash balances attributable to each of its individual funds are available and adequate to fulfil its obligations in relation to those funds.

Trustees’ consideration of going concern basis of accounting

The COVID-19 pandemic will continue to have an impact on the charity, its work and the wider global community. The trustees have considered the impact of this issue on the charity’s current and future financial position.

No material uncertainties, apart from the implications of COVID-19 mentioned above, that may cast significant doubt on the ability of the company to continue as a going concern have been identified by the trustees. The trustees consider that the charity has sufficient unrestricted reserves and cash flow to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved for the following reasons:

The trustees therefore consider it appropriate to adopt the going concern basis for the preparation of the accounts as detailed in note 1(b) to the financial statements.

Statement of responsibilities of the trustees

The trustees who are also directors of the charity for the purposes of company law are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

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APT Action on Poverty Report of the trustees For the oar ended 31 Docomber 2020 Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the Iruslees are required lo.. Select suitable accounting policies and then apply them consislenuy., Observe the methods and principles in the Charities SORP., Make judgements and accounting estimates that are reasonable and prudent., Slate whether applicable UK accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements,. and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Iruslees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The Irusleès are also resFX)nsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention and detection of foud and other irregularities. In so far as the trustees are aware". There is no relevant audit information of which the charitable company's auditors are unaware., and The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and lo establish that the auditors are aware of that information. The Iruslees are responsible for the Maintenan￿ and integrity of the corporate and financial information included on the eharilable company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this enlilles them only to voting rights. The trustees have no beneficial interest in the charity. Auditors Godfrey Wilson Limited were re-appointed as auditors to the charitable company during the year and have expressed their willingness lo continue in that capacity. Approved by the trustees on 11 May 2021 and signed on their behalf by Brian S. Capper Bsc MA PhD Chair of Trustees 13

Independent auditors' report

To the members of

APT Action on Poverty

Opinion

We have audited the financial statements of APT Action on Poverty (the 'charity') for the year ended 31 December 2020 which comprise the statement of financial activities, balance sheet, statement of cash flows and the related notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

14

Independent auditors' report

To the members of

APT Action on Poverty

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement set out in the trustees’ report, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

15

Independent auditors. report To the members of APT Action on Pove Our responsibilities for the audit of the financial statements Our objectives are to obtsin reasonable assurance about whether the financial statements as a whole are free from material misslatemenl, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI wll always delecl a material misslatemenl when il exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial stslemenls. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at". www.frc.org.uklauditorsresponsibililies. This descripb'on forms part of our audilorfs report. Use of our report This report is made solely lo the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale lo the charity's members those matters we are required lo stale lo them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. A&&e*& 423fr¥ Dale. 11 May 2021 Alison Godfrey FCA (Senior Statutory Auditor) For and on behalf of.. GODFREY WILSON LIMITED Chartered accountants and slatulory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD 16

APT Action on Poverty

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2020

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
7
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income / (expenditure) and net
movement in funds		 Restricted Unrestricted
£
£
39,399
103,744
663,444
34,204
-
319
-
160
702,843
138,427
16,001
18,384
732,534
39,939
748,535
58,323
(45,692)
80,104
185,742
192,824
140,050
272,928		 2020
Total
£
143,143
697,648
319
160
841,270
34,385
772,473
806,858
34,412
378,566
412,978		 2019
Total
£
60,013
464,907
488
1,834
527,242
20,631
529,836
550,467
(23,225)
401,791
378,566

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the accounts.

17

APT Action on Poverty Balance sheot As at 31 December 2020 2020 2019 Note Fixed assets Tangible assets 11 1,406 1,236 Current assets Debtors Current asset investments Cash at bank and in hand 12 13 848 64,885 357,589 5,393 64,885 318,981 423,322 389,259 Liabilities Creditors.. amounts falling due within 1 year 14 {11.750) 11,929 Net current assets 411,572 377,330 Net assets 15 412,978 378,566 Funds Restricted funds Unrestricted funds General funds 16 140,050 185,742 272,928 192,824 Total charlty funds 412,978 378,566 These accounts have been prepared in accordance with the special provisions applicable to Companies subject to the small companies, regime. Approved by the trustees on 11 May 2021 and signed on their behalf by Brian S Capper Bsc MA PhD Chair of Trustees 18

APT Action on Poverty

Statement of cash flows

For the year ended 31 December 2020

Cash used in operating activities:
Net movement in funds
Adjustments for:
Depreciation charge
Dividends, interest and rents from investments
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash provided by / (used in) operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of tangible fixed assets
Net cash provided by / (used in) investing activities
Increase / (decrease) in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
This is represented as:
Current asset investments
Cash at bank and in hand		 2020
£
34,412
515
(319)
4,545
(179)
38,974
319
(685)
(366)
38,608
383,866
422,474
64,885
357,589
422,474		 2019
£
(23,225)
254
(488)
(6)
936
(22,529)
488
(1,490)
(1,002)
(23,531)
407,397
383,866
64,885
318,981
383,866

Analysis of changes in net debt

The charity has not provided an analysis of changes in net debt as it does not have any long term financing arrangements.

19

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

APT Action on Poverty meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The trustees acknowledge that the COVID-19 pandemic has had an impact on the charity and the wider economy but are confident that there are no material uncertainties about the charity's ability to continue as a going concern. The charity has seen a 60% increase in its income in the year to 31 December 2020 and its unrestricted reserves and cash balances remain healthy. The accounts have therefore been prepared on the assumption that the charity is able to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

d) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

e) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

f) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

20

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

1. Accounting policies (continued)

g) Allocation of support and governance costs

Support and governance costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities on the following basis, which is an estimate of staff time spent on each activity:

2020 2019 Raising funds 21.0% 12.8% Charitable activities 79.0% 87.2%

h) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Plant and machinery 20% straight line basis Fixtures, fittings and equipment 20 - 33% straight line basis

i) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

j) Current asset investments

Current asset investments consist of cash held on short term deposit.

k) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

l) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

n) Pension costs

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the statement of financial activities.

21

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

1. Accounting policies (continued)

o) Foreign currency transactions

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end.

p) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

There are no sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.

2. Prior period comparatives

Income from:
Donations and legacies
Charitable activities
Investments
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income / (expenditure)
Transfer between funds
Net movement in funds		 Restricted
£
25,975
447,746
-
-
473,721
11,995
487,159
499,154
(25,433)
(640)
(26,073)		 £
34,038
17,161
488
1,834
53,521
8,636
42,677
51,313
2,208
640
2,848
Unrestricted		 2019
Total
£
60,013
464,907
488
1,834
527,242
20,631
529,836
550,467
(23,225)
-
(23,225)

22

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

3. Income from donations and legacies

Income from donations and legacies
Trusts and foundations
Legacies
Donations and other fundraising
Prior year comparative
Trusts and foundations
Legacies
Donations and other fundraising
Income from charitable activities
Project grants from institutional donors:
FCDO
European Commission
The Dulverton Trust
Turing Foundation
Medicor Foundation
Marr Munning
The Haramead Trust
African Initiatives
Consultancy fees		 Restricted
£
35,900
-
3,499
39,399
Restricted
£
22,700
-
3,275
25,975
Restricted
£
426,977
114,268
35,000
32,787
25,000
10,000
10,000
9,412
-
663,444		 £
19,950
69,579
14,215
103,744
£
12,750
5,370
15,918
34,038
£
-
-
-
-
-
-
-
-
34,204
34,204
Unrestricted
Unrestricted
Unrestricted		 2020
Total
£
55,850
69,579
17,714
143,143
2019
Total
£
35,450
5,370
19,193
60,013
2020
Total
£
426,977
114,268
35,000
32,787
25,000
10,000
10,000
9,412
34,204
697,648

4. Income from charitable activities

23

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

4. Income from charitable activities (continued) Prior year comparative

Income from charitable activities (continued)
Prior year comparative
Project grants from institutional donors:
FCDO (previously DFID)
European Commission
Medicor Foundation
Turing Foundation
Marr Munning
Comic Relief
Consultancy fees		 Restricted
£
235,403
107,503
50,000
26,223
20,000
8,617
-
447,746		 £
-
-
-
-
-
-
17,161
17,161
Unrestricted		 2019
Total
£
235,403
107,503
50,000
26,223
20,000
8,617
17,161
464,907

5. Government grants

The charitable company receives government grants, defined as funding from the Foreign, Commonwealth & Development Office (FCDO) and European Commission to fund charitable activities. The total value of such grants in the period ending 31 December 2020 was £541,245 (2019: £342,906). There are no unfulfilled conditions or contingencies attaching to these grants.

24

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

6. Total expenditure

Total expenditure
Staff costs (note 9)
Other costs
Audit and accountancy fees
Depreciation
Grants payable to partners (note 8)
Publicity and fundraising costs
Sub-total
Total expenditure
Allocation of support and
governance costs		 Raising funds
£
23,165
-
-
-
-
400
23,565
10,820
34,385		 Charitable
activities
£
87,089
5,658
-
-
638,564
483
731,794
40,679
772,473		 Support and
governance
costs
£
24,427
21,157
5,400
515
-
-
51,499
(51,499)
-		 2020 Total
£
134,681
26,815
5,400
515
638,564
883
806,858
-
806,858

Total governance costs were £5,400 (2019: £5,220).

Prior year comparative
Staff costs (note 9)
Other costs
Audit and accountancy fees
Depreciation
Grants payable to partners (note 8)
Publicity and fundraising costs
Sub-total
Total expenditure
Allocation of support and
governance costs		 Raising funds
£
13,741
-
-
-
-
822
14,563
6,068
20,631		 Charitable
activities
£
93,733
14,927
-
-
371,770
8,016
488,446
41,390
529,836		 Support and
governance
costs
£
16,251
25,733
5,220
254
-
-
47,458
(47,458)
-		 2019 Total
£
123,725
40,660
5,220
254
371,770
8,838
550,467
-
550,467

25

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

7. Net movement in funds

This is stated after charging:

Depreciation
Trustees' remuneration
Trustees' reimbursed expenses
Auditors' remuneration:
Statutory audit (including VAT)		 2020
£
515
Nil
Nil
5,400		 2019
£
254
Nil
Nil
5,220

8. Grants payable

Grants paid to partner organisations:
Movement for Assistance and Promotion of Rural Communities
Community Action for Rural Development
Volunteers' Effort for Development Concern
SITE Enterprise Promotion		 2020
£
338,231
186,859
109,121
4,353
638,564		 2019
£
208,016
128,519
30,455
4,780
371,770

9. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs		 2020
£
121,660
5,411
7,610
134,681		 2019
£
111,415
5,819
6,491
123,725

No employee earned more than £60,000 during the year.

The key management personnel of the charitable company comprise the trustees and chief executive. The total employee benefits of the key management personnel were £50,217 (2019: £55,049). This is made up of salary costs of £42,925 (2019: £46,938) and employer NI and pension costs of £7,292 (2019: £8,110). Of these salary costs £nil (2019: £4,808) relates to a back-dated contractual pay-rise from 2016.

Average head count 2020
No.
5.30		 2019
No.
4.50

26

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

10. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11. Tangible fixed assets

Cost
At 1 January 2020
Additions in year
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the year
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019
12. Debtors
Prepayments and accrued income
Other debtors
13. Current asset investments
Cash held on deposit		 Plant and
machinery
£
1,299
-
1,299
1,299
-
1,299
-
-		 Fixtures,
fittings and
equipment
£
5,543
685
6,228
4,307
515
4,822
1,406
1,236
2020
£
-
848
848
2020
£
64,885		 Total
£
6,842
685
7,527
5,606
515
6,121
1,406
1,236
2019
£
5,393
-
5,393
2019
£
64,885

27

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

14. Creditors : amounts due within 1 year

Creditors : amounts due within 1 year
Accruals
Other taxation and social security
Other creditors		 2020
£
7,653
2,648
1,449
11,750		 2019
£
8,158
2,458
1,313
11,929

15. Analysis of net assets between funds

Analysis of net assets between funds
Tangible fixed assets
Net current assets
Net assets at 31 December 2020
Prior year comparative
Tangible fixed assets
Net current assets
Net assets at 31 December 2019		 £
-
140,050
140,050
£
-
185,742
185,742
Restricted
funds
Restricted
funds		 £
1,406
271,522
272,928
£
1,236
191,588
192,824
Unrestricted
funds
Unrestricted
funds		 Total
funds
£
1,406
411,572
412,978
Total
funds
£
1,236
377,330
378,566

28

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

16. Movements in funds

Movements in funds
Restricted funds
Country-specific funding
Total restricted funds
General funds
Total unrestricted funds
Total funds
Kenya and Uganda: Strengthening
the implementation of the CRPD
(Convention on the Rights of
Persons with Disabilities) with
Women with Disabilities
Kenya: Camel milk project
Tanzania: Disability inclusive
VICOBA
Uganda: Skilling youth for
sustainable livelihoods in refugee
hosting communities
Sierra Leone: Empowering local
communities in Pujehun District
Sierra Leone: Vocational skills
development and income generation
for disadvantaged young people
Sierra Leone: Livelihoods and food
security for vulnerable people
Sierra Leone: Enhancing CSO
capacity
Unrestricted funds		 At 1
January
2020
£
3,913
39,638
125,168
1,000
963
1,000
-
-
14,060
185,742
192,824
192,824
378,566
 Income
£
-
321,419
143,769
-
135,558
57,685
9,412
35,000
-
702,843
138,427
138,427
841,270		 £
(3,913)
(349,259)
(213,949)
(1,000)
(137,332)
(29,271)
(5,178)
-
(8,633)
(748,535)
(58,323)
(58,323)
(806,858)
Expenditure		 £
-
-
-
-
-
-
-
-
-
-
-
-
-
Transfers
between
funds		 £
-
11,798
54,988
-
(811)
29,414
4,234
35,000
5,427
At 31
December
2020
140,050
272,928
272,928
412,978

29

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

16. Movement in funds (continued) Purposes of restricted funds

Sierra Leone: Vocational skills development and income generation for disadvantaged young people

To reach an additional 240 disadvantaged youths and provide skills training in conjunction with the larger livelihoods project.

Sierra Leone: Livelihoods and food security for vulnerable people

Reducing the poverty and malnutrition of people in rural households through community organisations.

Sierra Leone: Enhancing CSO capacity

Strengthening 45 civil society organisations to empower women, and provide gender, literacy, business skills and apprenticeship training.

Kenya and Uganda: Strengthening the implementation of the CRPD (Convention on the Rights of Persons with Disabilities) with Women with Disabilities

Supporting partner SITE in helping women with disabilities in Kenya and Uganda to understand and access their rights and to improve their inclusion in livelihoods.

Uganda: Skilling youth for sustainable livelihoods in refugee hosting communities

Skills training in market relevant technical skills through apprenticeships for 800 refugee and host community youth, improving their engagement in public and private sectors.

Sierra Leone: Empowering local communities in Pujehun District

Building the capacity of community structures, including 19 community based organisations to provide livelihoods services, rights awareness and income generation and improved governance.

Tanzania: Disability inclusive VICOBA

Establishing community banking groups and providing financial management, business and vocational training to vulnerable women and people living with disabilities.

Kenya: Camel milk project

Providing skills and hygiene training in new areas throughout the entire Camel Milk supply chain to improve productivity and produce standards.

Country-specific funding

Funds raised to provide help in Tanzania, Sri Lanka, Uganda and Sierra Leone on future project opportunities.

30

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

16. Movement in funds (continued) Prior year comparative movement in funds

Restricted funds
Kenya: Camel milk project
Country-specific funding
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
Uganda: Skilling youth for
sustainable livelihoods in refugee
hosting communities
Sierra Leone: Empowering local
communities in Pujehun District
Sierra Leone: Empowering
communities
Sierra Leone: Vocational skills
development and income generation
for disadvantaged young people
Sierra Leone: Livelihoods and food
security for vulnerable people
Sierra Leone: Enhancing CSO
capacity
Kenya and Uganda: Strengthening
the implementation of the CRPD
(Convention on the Rights of
Persons with Disabilities) with
Women with Disabilities		 At 1
January
2019
£
7,121
402
-
42,749
151,835
-
-
-
9,708
211,815
189,976
189,976
401,791
 Income
£
14,668
-
3,967
256,272
154,759
1,000
38,055
1,000
4,000
473,721
53,521
53,521
527,242		 £
(21,432)
(402)
(54)
(258,743)
(181,426)
-
(37,092)
-
(5)
(499,154)
(51,313)
(51,313)
(550,467)
Expenditure		 £
(357)
-
-
(640)
-
-
-
-
357
(640)
640
640
-
Transfers
between
funds		 £
-
-
3,913
39,638
125,168
1,000
963
1,000
14,060
At 31
December
2019
185,742
192,824
192,824
378,566

31

APT Action on Poverty

Notes to the financial statements

For the year ended 31 December 2020

17. Operating lease commitments

The charity had operating leases at the year end with total future minimum lease payments as follows:

Amount falling due:
Within 1 year
Within 1 - 5 years		 2020
£
936
702
1,638		 2019
£
468
-
468

The charity's rental lease is on a short term notice period; there is no lease commitment.

18. Related party transactions

There are no other related party transactions to disclose in the current or previous reporting period.

32