2023-03-31-accounts

		Page
Reference and administrative details
Trustees' report		2-7
Trustees' responsibilities statement
Independent auditor's report on the financial statements		9-12
Consolidated statement offinancial	activities
Consolidated balance sheet		14
Charity balance sheet		15
Consolidated statement ofcash flows		16
Notes to the financial statements		17-46

Trustees		Stephen Timms MP (Chair)	Stephen Timms MP (Chair)
		Rosemary Kempsell	(resigned 22	September 2022)
		David Nussbaum (resigned 27 January 2024)
		Rev Tariro Matsveru	(resigned 27	January 2024)
		Alison inglis-Jones (resigned 27 January 2024)
		Jane Cotton (resigned 27 January		2024)
		Jeremy Lefroy
		Stephen Bonnick (appointed 26 January 2024)
		Clive Osmond (appointed 26 January 2024)
		Alison Margaret Coutts (appointed		26 January 2024)
Charity registered
number		294953
Registered	office	Kingsway
		Team Valley Trading	Estate
		Gateshead
		NE11 ONE
Independent	auditor	UNW LLP
		Chartered Accountants
		Citygate
		StJames' Boulevard
		Newcastle upon Tyne
		NE1 4JE
Bankers		HSBC Bank Pic
		110Grey Street
		Newcastle upon Tyne
		NE1 6JG

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2023	2023	2023	2022
	Note	E	E	E
Income from:
Donations and legacies		1,423,883		1,423,883	2,251,287
Charitable activities		101,820	1,697,949	1,799,769	1,992,485
Total income		1,525,703	1,697,949	3,223,652	4,243,772
Expenditure on:
Raising funds:
Voluntary income		726,603		726,603	586,778
Institutional sources		215,963		215,963	166,373
Charitable activities:
Development programmes		946,455	1,767,300	2,713,755	2,285,146
Policy and campaigning		676,970	21,039	698,009	503,940
Total expenditure		2,565,991	1,788,339	4,354,330	3,542,237
Net (expenditure)/income		(1,040,288)	(90,390)	(1,130,678)	701,535
Transfers between funds	19	(22,401)	22,401
Net movement in funds before other
recognised gains/(losses)		(1,062,689)	(67,989)	(1,130,678)	701,535
Other recognised gains/(losses):
Unrealised gains/(losses)		(15,560)		(15,560)	9,855
Net movement in funds		(1,078,249)	(67,989)	(1,146,238)	711,390
Reconciliation offunds:
Total funds brought forward		1,715,991	352,881	2,068,872	1,357,482
Net movement in funds		(1,078,249)	(67,989)	(1,146,238)	711,390
Total funds carried forward		637,742	284,892	922,634	2,068,872

				2023		2022
		Note				F
Fixed assets
Intangible assets		12				4,342
Tangible assets		13		14,743		16,293
				14,743		20,635
Current assets
Debtors		15	381,755		395,124
Cash at bank and	in hand		1,618,954		2,743,940
			2,000,709		3,139,064
Creditors: amounts	falling due within one
year		16	(1,092,818)		(1,090,827)
Net current assets				907,891		2,048,237
Total net assets				922,634		2,068,872
Charity funds
Restricted funds		19		284,892		352,881
Unrestricted funds		19		637,742		1,715,991
Total funds				922,634		2,068,872

				2023		2022
		Note
Current assets
Cash at bank and	in hand		2,330		2,397
			2,330		2,397
Creditors: amounts	falling due within one
year		16	(2,330)		(2,397)
Net current assets
Total assets less	current liabilities
Total net assets
Total funds

							2023	2022
						Note
Cash flows from operating	activities
Net cash generated from operating activities						21	(1,101,005)	482,637
Cash flows from investing	activities
Purchase oftangible fixed assets							(11,159)	(2,255)
Interest received							2,738	1,880
Net cash used in investing	activities						(8,421)	(375)
Change in cash and cash	equivalents		in	the year			(1,109,426)	482,262
Cash and cash equivalents	at the beginning			ofthe year			2,743,940	2,251,823
Change in cash and cash equivalents		due to exchange			rate movements		(15,560)	9,855
Cash and cash equivalents	at the end		of	the year		22	1,618,954	2,743,940

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
Donations	1,267,691	1,267,691	1,601,499
Legacies	131,920	131,920	576,388
Grants from trusts and charities	24,272	24,272	73,400
	1,423,883	1,423,883	2,251,287

			Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2023	2023
			F		F
Grants from	institutional	sources		1,697,949	1,697,949
Consultancy	and other	income	101,820		101,820
			101,820	1,697,949	1,799,769
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
			E		E
Grants from	institutional	sources		1,862,234	1,862,234
Consultancy	and other	income	130,251		130,251
			130,251	1,862,234	1,992,485

The	activities giving rise to other income are all	carried out in furtherance ofthe objects ofthe	charity.
		2023	2022
Split	ofincome
UK		719,379	534,087
Rest	ofWorld	978,570	1,328,147
		1,697,949	1,862,234

Voluntary	income
		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
Travel and	accommodation	544	544	154
Direct costs		241,814	241,814	187,107
Support costs (note 9)		167,400	167,400	126,216
Direct salaries		316,845	316,845	273,301
		726,603	726,603	586,778

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
Support costs (note 9)	145,530	145,530	109,726
Direct salaries	70,433	70,433	56,647
	215,963	215,963	166,373

			Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2023	2023
			K	K	K
Development	Programmes
Direct salaries			449,588	333,055	782,643
Travel and accommodation			68,124	42,958	111,082
Direct programme		costs	345,333	1,310,488	1,655,821
Support costs	(Note 9)		83,410	80,799	164,209
			946,455	1,767,300	2,713,755
Policy Unit and		Campaigning
Direct salaries			387,601	18,676	406,277
Travel and accommodation			603	148	751
Direct programme		costs	20,060	2,215	22,275
Support costs	(Note 9)		268,706		268,706
			676,970	21,039	698,009
			1,623,425	1,788,339	3,411,764
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022 f	2022 f	2022
Development	Programmes
Direct salaries			329,797	280,097	609,894
Travel and accommodation			11,783	29,315	41,098
Direct programme		costs	179,203	1,339,834	1,519,037
Support costs	(Note 9)		44,998	70,119	115,117
			565,781	1,719,365	2,285,146
Policy Unit and		Campaigning
Direct salaries			267,200	36,412	303,612
Travel and accommodation				345	345
Direct programme		costs	2,975	13,366	16,341
Support costs	(Note 9)		183,642		183,642
			453,817	50,123	503,940
			1,019,598	1,769,488	2,789,086

				2023	2022
Depreciation				12,709	19,906
Amortisation				4,342	5,539
Operating	leases			53,890	47,000
Unrealised	exchange	rate	losses/(gains)	15,560	(9,855)
Auditor's	remuneration			15,500	8,500

			Voluntary	Institutional	Development	Policy and
			income	sources	programmes	Campaigning	Total
			2023	2023	2023	2023	2023
			f000	f000	f000	f000	f000
Management	and	admin
salaries			108,171	94,038	98,658	161,441	462,308
Governance			21,003	18,259	19,156	31,347	89,765
Office services			23,241	20,205	32,727	53,553	129,726
Office machinery		and
consumables			3,657	3,180	3,336	5,459	15,632
Financial services			11 328	9848	1D332	16 9D6	48414
Total			167400	145530	164209	268 706	745 845
			Voluntary	Institutional	Development	Policy and
			income	sources	programmes	Campaigning	Total
			2022	2022	2022	2022	2022
			OOOO	OOOO	f000	OOOO	f000
Management	and	admin
salaries			79,375	69,004	72,394	118,464	339,237
Governance			13,524	11,757	12,335	20,184	57,800
Office services			16,959	14,744	15,468	25,311	72,482
Office machinery consumables		and	7,260	6,312	6,622	6,105	26,299
Financial services			9098	7909	8298	13578	38883
Total			126216	1D9726	115 117	183642	534 7D1

Staff costs
				2023	2022
					F
Salaries				1,015,691	858,846
Social security costs				105,206	88,042
Pension costs (excluding	contributions	to defined	benefit scheme-
FRS102)				70,011	61,701
Overseas salaries and staff costs				801,044	542,084
				1,991,952	1,550,673

			Group	Group
			2023	2022
			No.	No.
Development	programmes	and Policy Unit	39	37
Fundraising			12	12
Management	and administration		6	6
			57	55

Group	Group
2023	2022
No.	No.

	ITsystems
Cost
At 1 April 2022	33,245
At 31 March 2023	33,245
Amortisation
At 1 April 2022	28,903
Charge for the year	4,342
At 31 March 2023	33,245
Net book value
At 31 March 2023
At 31 March 2022	4,342

13.	Tangible fixed assets
	Group
		Furniture
		and
		equipment
	Cost
	At 1 April 2022	131,831
	Additions	11,159
	At 31 March 2023	142,990
	Depreciation
	At 1 April 2022	115,538
	Charge for the year	12,709
	At 31 March 2023	128,247
	Net book value
	At 31 March 2023	14,743
	At 31 March 2022	16,293

			Group
		Group	As restated
		2023	2022
Trade debtors		19,168	67,812
Amounts owed by related parties			14,353
Other debtors		41,673	24,262
Prepayments	and accrued income	320,914	288,697
		381,755	395,124

			Group	Group	Charity	Charity
			2023	2022	2023	2022
				F		F
Trade creditors			57,937	34,236
Other taxation and social security			34,326	43,636
Other creditors			40,275	10,007
Accruals	and deferred	income	960,280	1,002,948	2,330	2,397
			1,092,818	1,090,827	2,330	2,397
					Group	Group
					2023	2022
						F
Deferred	income at 1	April 2022			852,708	1,116,985
Deferred	during the year				815,674	1,539,113
Amounts	released				(852,708)	(1,803,390)
					815,674	852,708

Summary	offunds - prio	r year
						Balance at
		Balance at			Gains/	31 March
		1 April 2021	Income	Expenditure	(Losses)	2022
		F	F	F	F	F
Designated	funds	269,000				269,000
General funds		828,347	2,381,538	(1,772,749)	9,855	1,446,991
Restricted	funds	260,135	1,862,234	(1,769,488)		352,881
		1,357,482	4,243,772	(3,542,237)	9,855	2,068,872

						Balance at
	Balance at 1			Transfers	Gains/	31 March
	April 2022	Income	Expenditure	in/out	(Losses)	2023
Unrestricted
funds
Designated
funds
Porffolio work	269,000					269,000
General funds
General funds	1,446,991	1,525,703	(2,565,991)	(22,401)	(15,560)	368,742
Total
Unrestricted
funds	1,715,991	1,525,703	(2,565,991)	(22,401)	(15,560)	637,742

							Balance at
		Balance at 1			Transfers	Gains/	31 March
		April 2022	Income	Expenditure	in/out	(Losses)	2023
			F	F	F		F
Restricted
funds
JRCT		8,678		(2,215)			6,463
Khamatayan		2,754					2,754
Muktee		104,738	63,535	(122,446)	(45,827)
OAK		69,369	166,008	(158,586)			76,791
Homeworkers		2,944	220,261	(205,261)			17,944
Tanzania-
Disability	main	29,563	88,572	(118,135)
Catalyst		95,000		(95,000)
PAPOWE		65,512	5,000		(70,512)
Supporting	tea
workers		3,271		(6,533)			(3,262)
Laudes
foundation		5,418					5,418
Halcrow
foundation		13,719		(9,980)			3,739
WEE			590,038	(585,038)			5,000
SAWA		(50,875)	36,036	14,839
Muktee 2				(28,334)	45,827		17,493
UKAM			238,356	(238,356)
Oak- Tea			147,906	(142,434)			5,472
Laudes Garment
Work			83,288				83,288
Strengthening
Farmers
Association				(22,401)	22,401
PGM Pilot				(32,036)	70,512		38,476
Other small
funds		2,790	58,949	(36,423)			25,316
		352,881	1,697,949	(1,788,339)	22,401		284,892
Total offunds		2 068 872	3 223 652	(4354330)		(15,560)	922,634

Statement of	funds	- prior y	ear
							Balance at
			Balance at			Gains/	31 March
			1 April 2021	Income	Expenditure	(Losses)	2022
			F	F	F	F	F
Unrestricted	funds
Porffolio work			269,000				269,000
General funds
General funds			828,347	2,381,538	(1,772,749)	9,855	1,446,991
Total Unrestricted		funds	1,097,347	2,381,538	(1,772,749)	9,855	1,715,991

								Balance at
				Balance at			Gains/	31 March
				1 April 2021	Income	Expenditure	(Losses)	2022
Restricted		funds
JRCT				11,000	4,730	(7,052)		8,678
Khamatayan				18,000	309,889	(325,135)		2,754
Muktee				81,000	311,916	(288,178)		104,738
OAK				79,000	135,884	(145,515)		69,369
Homeworkers				(15,000)	224,048	(206,104)		2,944
Juice				(10,000)	26,986	(16,986)
Tanzania	-	Disability	main	7,135	181,505	(159,077)		29,563
Catalyst				95,000				95,000
PAPOWE				2,000	63,512			65,512
Supporting		tea workers		12,000	12,579	(21,308)		3,271
Laudes foundation					42,174	(36,756)		5,418
Matrix fund				5,000				5,000
WEE				(1,000)	346,410	(345,410)
SAWA				(24,000)	178,695	(205,570)		(50,875)
Halcrow Foundation					21,950	(8,231)		13,719
CCP Extra					1,956	(4,166)		(2,210)
				260,135	1,862,234	(1,769,488)		352,881
Total offunds				1,357,482	4,243,772	(3,542,237)	9,855	2,068,872

	Analysis	ofn	et	asse	ts	betwe	en	funds	- c	urr	ent	year
													Unrestricted		Restricted	Total
														funds	funds	funds
														2023	2023	2023
	Tangible	fixed	assets											14,743		14,743
	Current assets													897,813	1,100,566	1,998,379
	Creditors	due	within		one year									(274,814)	(815,674)	(1,090,488)
	Total													637,742	284,892	922,634
	Analysis	ofnet		assets		between		funds	- prior year
													Unrestricted		Restricted	Total
														funds	funds	funds
														2022	2022	2022
														F		F
	Tangible	fixed	assets											16,293		16,293
	Intangible	fixed		assets										4,342		4,342
	Current assets													1,908,451	1,230,613	3,139,064
	Creditors	due	within		one year									(213,095)	(877,732)	(1,090,827)
	Total													1,715,991	352,881	2,068,872
21.	Reconciliation			of net movement				in funds		to	net	cash flow	from operating		activities
															Group	Group
															2023	2022
	Net income/expenditure					for	the	year	(as		per	Statement	of	Financial
	Activities)														(1,130,678)	701,535
	Adjustments		for:
	Depreciation charges														17,051	25,445
	Decrease/(increase)				in debtors										13,369	(41,695)
	Increase/(decrease)				in creditors										1,991	(200,768)
	Interest received														(2,738)	(1,880)
	Net cash	(used		in)/provided			by	operating		activities					(1,101,005)	482,637

Principal actuarial a	ssump	tion	s	at the balance sheet date (expresse	d as weighted averages):
					At 31 March	At 31 March
					2023	2022
					0/
Discount rate					4.60	2.60
Expected rate of inflation		(CPI)			2.75	3.15
Rate ofincrease of	pensions		accrued post 5 April 1997		2.75	3.15
Rate of revaluation	ofdeferred			pensions	2.75	3.15

	At 31 March	At 31 March
	2023	2022
	Years	Years
Mortality rates (in years)
-for a male aged 65 now	22.1	21.3
-at 65 for a male aged 45 now	23.5	22.3
-for a female aged 65 now	24.5	23.2
-at 65 for a female aged 45 now	26.0	24.4

The group's shar	e ofthe	assets in the scheme was:
			At 31 March	At 31 March
			2023	2022
Equities			233,000	262,000
Gilts			319,000
Bonds			858,000	1,426,000
Cash			33,000
Other				23,000
Value recognised	limited	under FRS102	(61,000)	(60,000)
Total fair value	ofassets		1,382,000	1,651,000

Moveme	nts in th	e presen	t value ofthe defined benefit obl	igation were as follows:
				2023	2022
					F
Opening	defined	benefit	obligation	(1,651,000)	(1,650,000)
Benefits	paid			(42,000)	55,000
Interest	cost			66,000	(32,000)
Actuarial	gain/(losses)			245,000	(24,000)
Closing	defined	benefit	obligation	(1,382,000)	(1,651,000)

Movements in the	fair va	lue oft	he group's share ofscheme	assets were as follows:
				2023	2022
Opening fair value	ofscheme assets			1,711,000	1,841,000
Interest income				44,000	35,000
Return on plan assets excluding			interest	(246,000)	(110,000)
Benefits paid				(66,000)	(55,000)
Value recognised	limited	under	FRS102	(61,000)	(60,000)
				1,382,000	1,651,000

		2023	2022
			F
Present value ofdefined	benefit obligations	(1,382,000)	(1,651,000)
Fair value of plan assets		1,382,000	1,651,000

			Group	Group	Charity	Charity
			2023	2022	2023	2022
Not later than		1 year	24,901	23,711	24,901	23,711
Later than	1 year and not later than 5years		15,805		15,805
			40,706	23,711	40,706	23,711