| Page | ||||||
|---|---|---|---|---|---|---|
| Reference | and administrative | details ofthe Charity, | its Trustees | and advisers | ||
| Chairman's | statement | 2-3 | ||||
| Trustees' | report | 4 - 24 | ||||
| Independent auditors' |
report | on the financial statements | 25-28 | |||
| Statement | of financial | activities | 29 | |||
| Balance sheet | 30 | |||||
| Statement | ofcash flows | 31 | ||||
| Notes to the financial | statements | 32 - 53 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|
| FOR THE | YEAR | ENDED 31 MARCH 2022 | ||||
| Trustees | Mr J G Ghaleb | |||||
| Mr D H Head | ||||||
| Rev P Sharrocks | ||||||
| Rev J M Mills, Chair | ||||||
| Ms C H Brew | ||||||
| Mrs J Cooper-Bennett | ||||||
| Rev J Robertson | (resigned | 20 December 2021) | ||||
| Mr P Galsworthy | ||||||
| Mrs SStallwood | (resigned | 21 March 2022) | ||||
| Ms P Tedd | ||||||
| Rev Dr M Cotes | ||||||
| Company | registered | |||||
| number | 01967962 | |||||
| Charity registered | ||||||
| number | 293546 | |||||
| Registered | office | Foundation House |
||||
| The Square | ||||||
| Aylesbury Street |
||||||
| Wolverton | ||||||
| Milton Keynes | ||||||
| MK12 5HX | ||||||
| Website | www. mkchristianfoundation. | co.uk | ||||
| Company | secretary | Mr J G Ghaleb | ||||
| Chief executive officer | Mr SJ Norrish | |||||
| Independent | auditors | Hillier Hopkins LLP |
||||
| Chartered Accountants |
and Statutory Auditors | |||||
| 249 Silbury Boulevard | ||||||
| Milton Keynes | ||||||
| MK9 1NA | ||||||
| Bankers | Lloyds Bank | |||||
| Lloyds Court | ||||||
| 28 Secklow Gate | West | |||||
| Milton Keynes | ||||||
| MK9 3EH |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2022 6 |
2022f | 2022 6 |
2021f | ||
| Income from: | ||||||
| Donations and legacies |
14,348 | 32,667 | 47,015 | 135,829 | ||
| Charitable activities |
680,008 | 680,008 | 555,775 | |||
| Investments | 38 | 38 | 125 | |||
| Total income | 694,394 | 32,667 | 727,061 | 691,729 | ||
| Expenditure on: |
||||||
| Charitable activities |
6 | 700,811 | 31,505 | 732,316 | 685,564 | |
| Total expenditure | 700,811 | 31,505 | 732,316 | 685,564 | ||
| Net movement in funds |
(6,417) | 1,162 | (5,255) | 6,165 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 1,408,645 | 1,260 | 1,409,905 | 1,403,740 | |
| Net movement in funds |
(6,417) | 1,162 | (5,255) | 6,165 | ||
| Total funds carried forward | 1,402,228 | 2,422 | 1,404,650 | 1,409,905 |
| Note | 2022f | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible assets | 12 | 1,071,012 | 1,086,995 | ||||
| Investments | 13 | 600 | 600 | ||||
| 1,071,612 | 1,087,595 | ||||||
| Current assets | |||||||
| Debtors | 14 | 40,057 | 61,993 | ||||
| Cash at bank and | in hand | 395,453 | 392,847 | ||||
| 435,510 | 454,840 | ||||||
| Creditors: amounts | falling | due within one | |||||
| year | 15 | (102,471) | (132,530) | ||||
| Net current assets | 333,039 | 322,310 | |||||
| Total assets less | current | liabilities | 1,404,651 | 1,409,905 | |||
| Total net assets | 1,404,651 | 1,409,905 | |||||
| Charity funds | |||||||
| Restricted funds | 16 | 2,422 | 1,260 | ||||
| Unrestricted funds |
16 | 1,402,229 | 1,408,645 | ||||
| Total funds | 1,404,651 | 1,409,905 |
| 2022f | 2021 5 |
||
|---|---|---|---|
| Cash flows from operating activities |
|||
| Net cash used in operating activities |
2,568 | 59,014 | |
| Cash flows from investing activities |
|||
| Dividends, interests and rents from investments |
38 | 125 | |
| Purchase oftangible fixed assets |
(14,571) | ||
| Net cash provided by/(used In) investing |
activities | 38 | (14,446) |
| Cash flows from financing activities |
|||
| Net cash provided by financing activities |
|||
| Change in cash and cash equivalents in |
the year | 2,606 | 44,568 |
| Cash and cash equivalents at the beginning |
ofthe year | 392,847 | 348,279 |
| Cash and cash equivalents at the end of |
the year | 395,453 | 392,847 |
| The notes on pages 32 to 53form part ofthese financial statements |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| E | E | F | |
| Donations | |||
| Cycle Saviours | 6 | 6 | |
| Growing People |
3,175 | 3,175 | |
| Learning Tree | 10 | 10 | |
| Urban Bee-lievers | 640 | 640 | |
| Other | 5,087 | 5,087 | |
| Grants | |||
| Cycle Saviours | 1,846 | 1,846 | |
| Growing People |
179 | 179 | |
| Learning Tree |
2,620 | 2,620 | |
| Sew & Grow | 785 | 6,719 | 7,504 |
| Think Food | 6,719 | 6,719 | |
| Urban Bee-lievers | 10,560 | 10,560 | |
| Other | 8,669 | 8,669 | |
| 14,348 | 32,667 | 47,015 | |
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 | 2021f | 2021 E |
|
| Donations | |||
| Cycle Saviours | 10 | 10 | |
| Growing People |
6,587 | 6,587 | |
| Urban Bee-lievers | 160 | 160 | |
| Other | 1,507 | 1,507 | |
| Grants | |||
| Cycle Saviours | 3,692 | 3,692 | |
| Sew' Grow |
9,471 | 9,471 | |
| Urban Bee-lievers | 10,191 | 10,191 | |
| Other | 15,127 | 15,127 | |
| Subtotal detailed disclosure | 8,264 | 38,481 | 46,745 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| E | F | |||
| Government | grants | 89,084 | 89,084 | |
| 97,348 | 38,481 | 135,829 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2022 | 2022 | |
| 6 | 5 | |
| Childcare Pathways |
51,228 | 51,228 |
| Cycle Saviours | 80,251 | 80,251 |
| Growing People | 6,560 | 6,560 |
| Learning Tree | 3,053 | 3,053 |
| Sew & Grow | 5,137 | 5,137 |
| Think Food | 8,999 | 8,999 |
| Urban Bee-lievers | 9,482 | 9,482 |
| Foundation House |
11,221 | 11,221 |
| Foundation Learning |
492,846 | 492,846 |
| Miscellaneous | 11,231 | 11,231 |
| 680,008 | 680,008 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021f | |||
| Childcare Pathways |
52,193 | 52,193 | ||
| Cycle Saviours | 51,799 | 51,799 | ||
| Growing People |
4,603 | 4,603 | ||
| Learning Tree | 489 | 489 | ||
| Sew & Grow | 2,386 | 2,386 | ||
| Think Food | 409 | 409 | ||
| Urban Bee-lievers | 6,146 | 6,146 | ||
| Foundation House |
5,646 | 5,646 | ||
| Foundation Learning |
395,971 | 395,971 | ||
| Miscellaneous | 36,133 | 36,133 | ||
| 555,775 | 555,775 | |||
| 5. | Investment | income | ||
| Unrestricted | Total | |||
| funds | funds | |||
| 2022 | 2022 | |||
| E | E | |||
| Bank interest | received | 38 | 38 | |
| Unrestricted | Tolal | |||
| funds | funds | |||
| 2021 | 2021 | |||
| Bank interest | received | 125 | 125 |
| Unrestricted | Restricted | ||
|---|---|---|---|
| funds | funds | Total | |
| 2022 | 2022 | 2022 | |
| 6 | 6 | 6 | |
| Childcare Pathways |
53,056 | 53,056 | |
| Cycle Saviours | 103,725 | 103,725 | |
| Growing People |
54,340 | 179 | 54,519 |
| Learning Tree | 21,655 | 21,655 | |
| Sew 8 Grow | 16,785 | 7,000 | 23,785 |
| Think Food | 17,561 | 6,740 | 24,301 |
| Urban Bee-lievers | 15,691 | 10,560 | 26,251 |
| Foundation Learning |
124,949 | 124,949 | |
| Governance | 19,700 | 19,700 | |
| Miscellaneous | 273,349 | 7,026 | 280,375 |
| 700,811 | 31,505 | 732,316 | |
| Unrestricted | Restricted | ||
| funds | funds | Total | |
| 2021 8 |
2021 | 2021f | |
| Childcare Pathways |
48,485 | 48,485 | |
| Cycle Saviours | 88,378 | 88,378 | |
| Growing People |
56,427 | 56,427 | |
| Learning Tree | 19,250 | 19,250 | |
| Sew 8 Grow | 27 | 22,000 | 22,027 |
| Think Food | 123 | 20,000 | 20,123 |
| Urban Bee-lievers | 21,934 | 4,375 | 26,309 |
| Foundation Learning |
124,602 | 124,602 | |
| Governance | 15,146 | 15,146 | |
| Miscellaneous | 264,817 | 264,817 | |
| 639,189 | 46,375 | 685,564 |
| Activities | |||
|---|---|---|---|
| undertaken | Support | Total | |
| directly | costs | funds | |
| 2022 | 2022 | 2022 | |
| 6 | 6 | ||
| Childcare Pathways |
53,056 | 53,056 | |
| Cycle Saviours | 103,725 | 103,725 | |
| Growing People | 54,519 | 54,519 | |
| Learning Tree |
21,655 | 21,655 | |
| Sew 8 Grow | 23,785 | 23,785 | |
| Think Food | 24,301 | 24,301 | |
| Urban Bee-lievers | 26,251 | 26,251 | |
| Foundation Learning |
17,633 | 107,316 | 124,949 |
| Governance | 19,700 | 19,700 | |
| Miscellaneous | 280,374 | 280,374 | |
| 324,925 | 407,390 | 732,316 |
| Activities | |||
|---|---|---|---|
| undertaken | Support | Totst | |
| directiy | costs | funds | |
| 2021 k' |
2021f | 2021 | |
| Childcare Pathways |
48,485 | 48,485 | |
| Cycle Saviours | 88,378 | 88,378 | |
| Growing People |
56,427 | 56,427 | |
| Learning Tree | 19,250 | 19,250 | |
| Sew 8 Grow | 22,027 | 22,027 | |
| Think Food | 20,123 | 20,123 | |
| Urban Bee-lievers | 26,309 | 26,309 | |
| Foundation Learning |
22,022 | 102,578 | 124,600 |
| Governance | 15,146 | 15,146 | |
| Miscellaneous | 264,819 | 264,819 | |
| 303,021 | 382,543 | 685,564 |
| Childcare | Growing | Learning | |||
|---|---|---|---|---|---|
| Pathways | Cycle Saviours | People | Tree Sew &Grow | ||
| 2022 6 |
2022 6 |
2022f | 2022 F |
2022 6 |
|
| Staff costs | 48,259 | 56,256 | 40,813 | 19,855 | 20,682 |
| Materials/resources | 3,644 | 28,201 | 8,558 | 1,265 | 3,103 |
| Recruitment | 1,153 | 956 | 229 | 535 | |
| Travel | 7,867 | 1,086 | |||
| Premises | 10,445 | 3,524 | |||
| Other | 309 | ||||
| 53,056 | 103,725 | 54,519 | 21,655 | 23,785 |
| Urban | Foundation | Total | ||
|---|---|---|---|---|
| Think Food | Bee-lievers | House | funds | |
| 2022 6 |
2022 f |
2022 f |
2022f | |
| Staff costs | 16,546 | 23,991 | 226,402 | |
| Materials/resources | 7,098 | 1,340 | 12,024 | 65,233 |
| Recruitment | 424 | 782 | 4,079 | |
| Travel | 4,826 | 13,779 | ||
| Premises | 13,969 | |||
| Other | 233 | 920 | 1,462 | |
| 24,301 | 26,251 | 17,632 | 324,924 |
| Childcare | Cycle | Growing | Learning | ||
|---|---|---|---|---|---|
| Pathways | Saviours | People | Tree | Sew &Grow | |
| 2021 6 |
2021f | 2021 6 |
2021 f |
2021 k |
|
| Staff costs | 46,071 | 53,706 | 38,963 | 18,955 | 19,745 |
| Materials/resources | 2,115 | 15,986 | 10,173 | 232 | 2,282 |
| Recruitment | 299 | 1,627 | 117 | 63 | |
| Travel | 6,105 | 1,378 | |||
| Premises | 10,954 | 5,796 | |||
| 48,485 | 88,378 | 56,427 | 19,250 | 22,027 | |
| Urban | Foundation | Total | |||
| Think Food | See-tievers | House | funds | ||
| 2021 6 |
2021 2 |
2021f | 2021 6 |
||
| Staff costs | 15,796 | 22,904 | 216,140 | ||
| Materials/resources | 4,199 | 2,186 | 19,686 | 56,859 | |
| Recruitment | 199 | 2,305 | |||
| Travel | 2,139 | 9,622 | |||
| Premises | 16,750 | ||||
| Other | 128 | 1,219 | 1,347 | ||
| 20,123 | 26,309 | 22,024 | 303,023 |
| Foundation | Total | |||
|---|---|---|---|---|
| Learning | Governance | Miscellaneous | funds | |
| 2022 | 2022 | 2022 | 2022 | |
| 6 | F | 6 | 6 | |
| Staff costs | 105,204 | 163,836 | 269,040 | |
| Depreciation | 5,673 | 5,673 | ||
| Materials/resources | 280 | 280 | ||
| Recruitment | 230 | 3,624 | 3,854 | |
| Travel | 706 | 706 | ||
| Premises | 37,843 | 37,843 | ||
| General office &finance staff | 31,832 | 31,832 | ||
| Communications | 7,579 | 7,579 | ||
| Legal &professional | 2,113 | 148 | 6,417 | 8,678 |
| Bank charges | 405 | 405 | ||
| Other | 12,822 | 22,179 | 35,001 | |
| Audit and accounts fees | 6,500 | 6,500 | ||
| 107,317 | 19,700 | 280,374 | 407,391 |
| Foundalion | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Learning | Governance | Miscellaneous | funds | |||||
| 2021 f |
2021 | 2021f | 2021f | |||||
| Staff costs | 100,435 | 159,933 | 260,368 | |||||
| Depreciation | 11,164 | 11,164 | ||||||
| Materials/resources | 689 | 689 | ||||||
| Recruitment | 15 | 1,604 | 1,619 | |||||
| Travel | 499 | 499 | ||||||
| Premises | 39,362 | 39,362 | ||||||
| General office &finance | staff | 37,112 | 37,112 | |||||
| Communications | 5,206 | 5,206 | ||||||
| Legal & professional | 2,143 | 288 | 25 | 2,456 | ||||
| Bank charges | 341 | 341 | ||||||
| Other | 10,443 | 8,884 | 19,327 | |||||
| Audit and accounts fees | 4,400 | 4,400 | ||||||
| 102,578 | 15,146 | 264,819 | 382,543 | |||||
| 8. | Auditors' remuneration |
|||||||
| 2022 | 2021f | |||||||
| Fees payable to the Charity's | auditor | for the audit ofthe Charity's | annual | |||||
| accounts | 5,500 | 4,400 | ||||||
| 9. | Staff costs | |||||||
| 2022 f |
2021 f |
|||||||
| Wages and salaries | 460,915 | 441,053 | ||||||
| Social security costs | 25,434 | 27,157 | ||||||
| Contribution to defined |
contribution | pension schemes | 9,093 | 8,296 | ||||
| 495,442 | 476,506 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Administration | 10 | 11 |
| Think Food | 1 | 1 |
| Childcare Pathways |
3 | 3 |
| Cycle Saviours | 3 | 3 |
| Growing People |
2 | 2 |
| Sew &Grow | 1 | 1 |
| Urban Bee-(levers | 1 | 1 |
| Learning Tree |
1 | 1 |
| Foundation House |
2 | 2 |
| Foundation Learning |
6 | 6 |
| 30 |
| Fixtures | |||||
|---|---|---|---|---|---|
| Freehold | Improvements | Motor | and | ||
| property | to property | vehicles | equipment | Total | |
| E | E | F | E | E | |
| Cost or valuation | |||||
| At 1 April 2021 | 1,156,667 | 55,713 | 33,062 | 190,463 | 1,435,905 |
| At 31 March 2022 | 1,156,667 | 55,713 | 33,062 | 190,463 | 1,435,905 |
| Depreciation | |||||
| At 1 April 2021 | 91,284 | 55,356 | 29,814 | 172,457 | 348,911 |
| Charge for the year | 7,699 | 118 | 1,084 | 7,082 | 15,983 |
| At 31 March 2022 | 98,983 | 55,474 | 30,898 | 179,539 | 364,894 |
| Net book value | |||||
| At 31 March 2022 | 1,057,684 | 239 | 2,164 | 10,924 | 1,071,011 |
| At 31March 2021 | 1,065,383 | 357 | 3,248 | 18,007 | 1,086,995 |
| Other fixed | |
|---|---|
| asset | |
| investments | |
| E | |
| Cost or valuation | |
| At 1 April 2021 | 600 |
| At 31 March 2022 | 600 |
| Net book value | |
| At 31 March 2022 | 600 |
| At 31March 2021 |
| 2022f | 2021f | ||
|---|---|---|---|
| Due within one year | |||
| Trade debtors | 12,952 | 25,395 | |
| Other debtors | 812 | 800 | |
| Prepayments | and accrued income | 26,293 | 35,798 |
| 40,057 | 61,993 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | 8 | |||||||
| Trade creditors | 31,172 | 12,555 | ||||||
| Other taxation | and | social security | 9,227 | 9,669 | ||||
| Other creditors | 3,220 | 2,475 | ||||||
| Accruals | and deferred | income | 58,852 | 107,831 | ||||
| 102,471 | 132,530 | |||||||
| 2022 | 2021 | |||||||
| 6 | ||||||||
| Deferred | income at | 1 April 2021 | 102,591 | 80,404 | ||||
| Resources deferred | during the year | 5,621 | 77,887 | |||||
| Amounts | released | from previous | periods | (55,142) | (55,700) | |||
| 53,070 | 102,591 |
| Statement | offunds | - current year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 March | |||||
| April 2021 6 |
Income 6 |
Expenditure f |
2022 6 |
|||
| Unrestricted | funds | |||||
| Designated | funds | |||||
| Designated | fixed assets | 1,086,008 | 1,086,008 | |||
| Designated | legacy | 2,009 | 2,009 | |||
| 1,088,017 | 1,088,017 | |||||
| General funds | ||||||
| Unrestricted | free reserves | 320,628 | 694,395 | (700,811) | 314,212 | |
| Total Unrestricted | funds | 1,408,645 | 694,395 | (700,811) | 1,402,229 | |
| Restricted | funds | |||||
| Think Food | 219 | 6,719 | (6,938) | |||
| Shaw Grant | 81 | (49) | 32 | |||
| Tipi Pledge | 767 | 767 | ||||
| MK Comm. | Found. | - Preserves | 193 | (21) | 172 | |
| Lloyds Recovery Grant | 19,000 | (18,870) | 130 | |||
| ESFA Bursaiy | 4,421 | (4,421) | ||||
| MK Comm. | Found. | 2,527 | (1,206) | 1 32'I | ||
| 1,260 | 32,667 | (31,605) | 2,422 | |||
| Total offunds | 1,409,905 | 727,062 | (732,316) | 1,404,651 |
| Statement | offunds | - | prior year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31 March | ||||||
| 1 April 2020 E |
Income 8 |
Expenditure 8 |
2021 f |
||||
| Unrestricted | funds | ||||||
| Designated | funds | ||||||
| Designated | fixed assets | 1,089,858 | (3850) | 1086008 | |||
| Designated | legacy | 9,129 | (7,120) | 2,009 | |||
| 1,098,987 | (10,970) | 1,088,017 | |||||
| General funds | |||||||
| Unrestricted | free reserves | 303,007 | 645,840 | (628,219) | 320,628 | ||
| Total Unrestricted | funds | 1,401,994 | 645,840 | (639,189) | 1,408,645 | ||
| Restricted funds | |||||||
| Think Food | 327 | (108) | 219 | ||||
| Shaw Grant | 81 | 81 | |||||
| Tipi Pledge | 1,145 | (378) | 767 | ||||
| MK Comm. | Found. | - Preserves | 193 | 193 | |||
| Arts Council | Grant | 3,249 | (3,249) | ||||
| Lloyds Bank | Grant | 18,237 | (18,237) | ||||
| Architectural | Heritage | Fund | 6,667 | (6,667) | |||
| Lloyds Recovei 7Grant | 5,190 | (5,190) | |||||
| Common Ground Cafe |
5,138 | (5,138) | |||||
| ESFA Bursary | 7,408 | (7,408) | |||||
| 1,746 | 45,889 | (46,375) | 1,260 | ||||
| Total offunds | 1,403,740 | 691,729 | (685,564) | 1,409,905 |
| Summary | offunds | - current year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 March | |||||
| April 2021f | Income f |
Expenditure f |
2022 f. |
|||
| Designated | funds | 1,088,017 | 1,088,017 | |||
| General funds | 320,628 | 694,395 | (700,811) | 314,212 | ||
| Restricted | funds | 1,260 | 32,667 | (31,505) | 2,422 | |
| 1,409,905 | 727,062 | (732,316) | 1,404,651 | |||
| Summary | offunds | - prior year | ||||
| Balance al | ||||||
| Balance at | 31March | |||||
| 1 April 2020 5 |
Income | Expendituref | 2021f | |||
| Designated | funds | 1,098,987 | (10,970) | 1,088,017 | ||
| General funds | 303,007 | 645,840 | (628,219) | 320,628 | ||
| Restricted | funds | 1,746 | 45,889 | (46,375) | 1,260 | |
| 1,403,740 | 691,729 | (685,564) | 1,409,905 |
| Analysis of net assets between funds - cur |
rent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2022f | 2022f | 2022f | |
| Tangible fixed assets | 1,071,012 | 1,071,012 | |
| Fixed asset investments | 600 | 600 | |
| Current assets | 344,030 | 91,480 | 436,510 |
| Creditors due within one year | (13,413) | (89,058) | (102,471) |
| Total | 1,402,229 | 2,422 | 1,404,651 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | gmds | funds | |
| 2021f | 2021 | 2021f | |
| Tangible fixed assets | 1,086,008 | 987 | 1,086,995 |
| Fixed asset investments | 600 | 600 | |
| Current assets | 357,961 | 96,879 | 454,840 |
| Creditors due within one year | (35,924) | (96,606) | (132,530) |
| Total | 1,408,645 | 1,260 | 1,409,905 |
| 2022 | 2021 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | |||||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | |||||
| Activities) | (5,255) | 6,165 | |||||||||||
| Adjustments | for: | ||||||||||||
| Depreciation | charges | 15,983 | 18,906 | ||||||||||
| Dividends, interests |
and rents from | investments | (38) | (125) | |||||||||
| Decrease in |
debtors | 21,936 | 4,899 | ||||||||||
| Increase/(decrease) | in | creditors | (30,058) | 29,169 | |||||||||
| Net cash provided | by | operating | activities | 2,568 | 59,014 | ||||||||
| 20. | Analysis of | cash and | cash equivalents | ||||||||||
| 2022 | 2021 | ||||||||||||
| E | |||||||||||||
| Cash in hand |
395,453 | 392,847 | |||||||||||
| Total cash and cash equivalents | 395,453 | 392,847 |
| cancegable | operating leases as follows: |
||
|---|---|---|---|
| 2022 6 |
2021f | ||
| Not later than 1 year |
500 | 500 | |
| Later than | 1 year and not later than 5 years | 2,000 | 2,000 |
| Later than | 5years | 41,500 | 42,000 |
| 44,000 | 44,500 |