##
|legal and administrative|legal and administrative|legal and administrative|detail|||||||
|---|---|---|---|---|---|---|---|---|---|
|Company|number|||2290024||||||
|Charity no (England||and Wales)||299717||||||
|Charity no (Offfce of||Scottish Regulator)||SC049792||||||
|Registered address||||The Old Estate|Yard|||||
|||||Newton St Loe||||||
|||||Bath||||||
|||||BA2 9BR||||||
|Trustees||||||||||
|||||Peter Jeffries, Chair (appointed||||Mar 23)||
|||||John Geake, Chair||(resigned|Mar 23)|||
|||||Simon Doherty,|Vice Chair|||||
|||||Andrew
Gillam,|Treasurer|||||
|||||Sarah
Brunwin||||||
|||||Fiona Crisp||||||
|||||Stephanie
Dennison||||||
|||||Simon
Gill||||||
|||||Alison
Griffith||||||
|||||David Kuwana||||||
|||||Patricia Napier|MBE|||||
|||||Peter Hinton (resigned Jan 23)||||||
|||||Isabella Wemyss,||Secretary|(resigned||Nov 22)|
|Principal staff||||Paul Stuart, Chief||Executive||||
|Bank||||||||||
|||||Barclays Bank|Pic|||||
|||||P.O. Box47||||||
|||||37 Milsom Street||||||
|||||Bath||||||
|||||BA1 1DW||||||
|Auditors||||||||||
|||||Haysmacintyre|LLP|||||
|||||10Queen Street Place||||||
|||||London||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Ctt
Ctt
CI
Ctt
0||0
0
ID
0||||0
0
me
C
0 X
e 0
Q.e||0
olc ole
cmcE
'ol Eo 8
m ~ c
co(em
Q-
.= o
'
tn
tn ~o
LECDO e
&e"c||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||nl
m0
Ol||gl
C0||||eCes
gl
C||e nD Tl
E mme
p 0
0 os
m
m||||
||0
gl
tg
m||E
IA
0
(U
gl0"||||nl
In(U—
e L
m p0
m
gl||nl
gl
I
tns
PO m.
C
(D
Ol 5
m
gl
tn to
(t! 0'6 0
WonUE||||
|~t
CV
C(4
CV|I
mS
QZ
8
S
E
glD
Z0
(U
O||'N
0
ID|(n eCe
In
(U
C
m S
a 0
'0
(E
g! 0
t
0
0
p
OP|||(U
0
C
mOl
C
e C
(U MC
Vle)m
m
Q
0 F(I||0
E
0 0 e
Q
e
m
I~ E
0
m e o.
e o—
E
Roc
i- C 0
e
tn
4 X cn
0!Cn
I- LE tt(
gl 0
cl
tne
C
C
00
0
&o
D
C
e c
tn p
gl 4
m
n!
gl
tn
(U
SRQ||||
|~4
C4
gnfa
t~
C4at~a
ha|0
1D
'O
0
S
'0
(U
In
Q
~
m|CV
nn
nn
D
Ctt
C|O.
0
CQ
Ct(
0
gl|(U
OI
C'6
0
C
I-0
0
Ol
0|gl
0
C0
0
0
&
e
m
e
h|ut
mO.
0
CE
m
a
o
.e
o
Un|)S
ID
C 0
p s
tn
gl
Ul
tn
U(Q'e
Ul 0
N a.|~0
gl
ee
ul
e
c
0
o|Ol
Q
Ol
I
0
Ul
m
0
ece
E .—s
0 =
o
m
ol
c e
ul
)
(U
C
Q
Ol
Z E
onn 0
I
e
E
C
0
(DC
0
E
0C
0
o
tD|CD
C0
Ol
c
'Q.
0
Ie
C0
tn
0
0
~
(U|Ol
C'6
C
0L
gl
2'
gl
e0
E
gl|tn'
O.
In
Q
5
IUQ.|
|C4|||||IUO.||||||||
|C4
~4a
C5
~48
a|gl
E
m0
Ole
gl
nl
I
0||||E
0
gl0E
0
D
IA
0
(D
m—
O.0
p
glO.||||||||
|CC|||||||||||||
|CC(
(g8
In(68
(6 80
0
(n
VI
nl
OQ0
C
m a
Cal
0 8|0
8
E
CD
N8
'0
C
(6
(O8
«L80!N
0
al 0
tD
N
m
tn 0
0
O
Q.
gl
m||»0
E88»
C
(n
(gQ
(6
EL—-
O
o 8
»
CL
Cn
8
't& 0
«em
0 0
8 to
Y8 c 0
(6
0« 0
Q
EEQ
NO» 0
Z .C O.|||al
C
0
Q.
X
VI
nl 8
g 40
QE
~~ 0!
C
0 0
(L (6
8 Ic8
O.»
0 m
nl
nl
Cl
m|0
Q
N
tnC
8 0
C '8
0 Q
8 o.
8 0
I
0 0
C»
(6 0
(L=
c
m
0
tn
(O
m 0
c 8
mo
8 w
CD
8 7
0 ID|||
|---|---|---|---|---|---|---|---|---|---|
|0 0
0! Q
C 0
ID
nlQI
m
800
0
QN8 0
(6
(g
e
m|8
Cn
In
O
CD
N
m
0 (0
(6
gl
Y»
C
ahm
8
m «.E
C
0
&
m
8 «»
(D
~ —O
8
COO.||UI'a
Q
(6 0!0
8 0 0
8
nlO
8 p
Eh
VI
(6
nl
m
Q
I0! m
Q
gl
LU|nl
OC6!
E~
e —2
E mz
0!
O
LU
0 —0
00
LU c
1D
8
C
8al c
m 0
C8
(6
O0
ID0 (L
8 0
8
m
0»NCO
0
0 OS«(||8
(L0"N
«L
al 0
p
C
ID0
C
Ul
N
N (
(6
Q 8
Q
0
(LD3
0 a!o
8
ID
C
8
CI
vl
m|(6
h
CO
0 '=
(6E
0
(6
8
In
e (f!
N
)
000
8—
Zl
8
(6
ID
N
C(6
00
«L
8
C8
I
0
C
LU||0!
8
al
8|
|C
VI 0
ID
(6
E 0
0
(6
I
nl
8C 0
8
(g|0
o! 0C'0
0
m
L '0
6! 0
LE 0
&
N
8 c 0
0
(60
V!
0
0
UI
(6
N
Cn||0
(U
0 0
»0c
(6
0—
(6
O. O0!
0 '
(6 00
0 o
6!
OI0
E 0!
8
c 8
0—
UlN
C(6alc
ONC0
0
-(6
't3
V!
N
C 'C
o pm
L 5 al
0 8
8 M 0|||0
(6
0 9.
0!o
ID '
(6
(g
Vl
N
o 0'6
nl
0
0
8
nl
(L
tg8
I
Ct QIQ|C 0
0 al
C
(6
8
0
(6 8
O
In
0 D
0 C
8
6!
m 0
nl cC|C0
(60
In
0
gl
In
(UC
QI
0
8|cn
C
.0
In
VI
E8|
||8|||||||||
||O|||||||||
||nl
» Z!
Q
(6
VI C
6! (6
8
N
CU
N
VI
O5
O.
6!
nl'0 c8
8O!~|||||||||
|CO o-e
8. N
Q 8
nl
DON ) (L
8 x
NOQ
m||(6
C0
.E||||||||
|GL||||8 C|||C0|||L|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Vl8C
(6n.
~O 8
Q 0
6& E
0 J
p f
N
(h ~gl
N
C
e F»(6
0 (6
Ol pl
Ol
C L
8 8 C
m &8
c
gl
8
O pro
O
E
(U||||vr
Gl
m
E
IU
oRS
0 plo
8 0
0
C
ccn
ol pc
8 t-
c (6 8
LJc
8 Q 0
8 JD'0
fh'N
C
)cm
e pm
) GL)
th C
o 8 8
«C 0" I(.'||13
gl
'0 c
c or
(6
(6
Qo
m 0
C
N
)
gl
gl
0
Ol g
m 0
th
C
th
0'i
'Cl 66C
In
v|CFI
C
th
o0)or
Q
Gl .
Vl
fh
fh
Q
16 Gg
Gl
Gl
C
(g
Gl
o
n.
(6
0 O|||ol
eNccg
N
0 .=
O cc
th
0 C
(g
m~ ch
c—8
mcNE
E~E
8~(6
gl
Gl 0
m or
E-
C 0&(L
o —c
'Yl
8
8 o
)—
CI.»
oo||C crg
0
Gl «(L
) m
UJ 66
(6
pr pl
C
p C
C
P) 66
0—
t0
m
0
ul E
0
Gl
N
(6 'N
CJ (L4|
|LL0
Gl
N
ID o
(6
m 00'
(6
0 c 8
p
(g
Vl
c 0
0
5me
orJD c
E—
0 N o0||||C
o
Gl0
Q h.
C0
8
(6
o LJ8
gl
NC
8 0
c n.
ul
Gl
'O
C
8 C 8
0
GL o IL'
I
gl 8 0
) N
e 0 c
66 n o
0—
(6
(6
N
gl 8
'0
~c 0 o.
(6 (L 8
(g
rh
8 C
~c o
.0-
JD
c 0c 8
UJ
m o||8
(6
c '0
N
C(6
9 tet
N8 (tt
th
(6
0 .
(6
glE
Gl
Gl
I—I—
0
Gl
tg
n. p0
mo
ot '
0
\
gl 0
0
0C
N||P)
N||C88
J5
th(6
th
(6
(6
fh
C
m c
0 8
C E
C o
(6
gl
ID 8
«L' m
Q
I—„
L
0 0
Vl
(6
ch
N
m
0
(6
Ei
Gl
th
(6
N||v- 8
t
Q
ul
GlN
t
p
0
pr 0
NE 8
rh
ID
N
Gl
X
ID
cEo
o
tpr 8
noe
8
GL m|
|Vl(6
(6
(6C0
(6
0 E
) ~o
tD
N
'0 c
m 'c
Gl
Q
ch
c 8
e 8
m
IDc
(6
0||||th
Gl 0
C ol
C
0 E
n.
Gl
0
rhC
8 0
E
m
th
C
8. m
0 or
8 0
8 o
CI «
0 6G
0 Q
L )
0 C
(6
E
8 0o
N
8 or8
o
66 0 '0||VlQQ
Vl
Ol0
0'0
JD
0
Gl
Gl
m .o
c
N
«C8
cc
(6
N
LU w0|0
0
D
0 8
66
gl o
Gl
c .o
8
L
C
n.
8
o
GD
GLO
c
o
mgC|||0
Q
C E
Gl
Pl 8
C )8
8
Gl
9.
Gl
N
o 8'0
(U8
t
ID
m
(D
O
C
)
Ol
cg
(6
Vl|Ol
C
LC
(60
C
p
fh
N
8o
o
N|Ol
C
C 8
'm E
E
pr
(6
c or
C 0
8 (L
ID
8
v0
fh
0 ON
S~ E
gl 0
(6
0EQ|
||0
Q
Q|ID
o
C8|||||Ol
L|e|E(6
Q||||
|Sl J«
C o
r~ I
Rm0 0
Q
CO
g
8
05|u
&cc
Q
ro
0 '
ul
8
m
0.|Gl
O
n.
E
gl E
N 0
Ex
c
ES||||~I
t~
Um
M|Q
Gl
(h
rh
8-o
Ep
(6
IL4|N
ul
fhQC8
oQ
(6'0
m|m
.O
0
c
'0||||
|Ol
C
Ol
Gl
Gl
Ol
0 C
LE 88
Gl 0
~ E
(U
Q
(O
(U8
0
Gl 0
'O 0
0. Ol
C
0
Q
C g,
m o
I— N|I
0
0
dl
00
Q
Gl
aC
N
(U
(D
QC 0
GL
C 0.
00
Vl|I
0
0
dl
00
Q
Gl
aC
N
(U
(D
QC 0
GL
C 0.
00
Vl||mEQ
L E Ol
0
C
Gl (0
(UP
IO
(U C
L E 0
= E
mo 8
e QO
N
(D
4
0.
mE
X Q
0 o 8
0 0
8 E h 8
(O O
GlN
LL 0 8 8|mEQ
L E Ol
0
C
Gl (0
(UP
IO
(U C
L E 0
= E
mo 8
e QO
N
(D
4
0.
mE
X Q
0 o 8
0 0
8 E h 8
(O O
GlN
LL 0 8 8|mEQ
L E Ol
0
C
Gl (0
(UP
IO
(U C
L E 0
= E
mo 8
e QO
N
(D
4
0.
mE
X Q
0 o 8
0 0
8 E h 8
(O O
GlN
LL 0 8 8|mEQ
L E Ol
0
C
Gl (0
(UP
IO
(U C
L E 0
= E
mo 8
e QO
N
(D
4
0.
mE
X Q
0 o 8
0 0
8 E h 8
(O O
GlN
LL 0 8 8|||8C8
5C
Q 0
8 N
0 0
O
C 'O
C
8
m
Cc N
0GL-
C
0 C
0 0
C1.0
(0 0|8C8
5C
Q 0
8 N
0 0
O
C 'O
C
8
m
Cc N
0GL-
C
0 C
0 0
C1.0
(0 0|0
Ol
Ol
0
(O
0
m0
E
0
0|Gl
0.
X
ID|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|'O8E
Ol
C C 'O
Gl
Q
Q
p e co
8
(U
8
C g0
C
4-
m0.0 8 8
N
Q L
Sec p
(L (1o||||IO
N8
00
E
c
O
0
8
co
(U C
(1 8
(UO. (D
Gl 8
XmOC
m||L8
I
0
0
Gl
E
8
(U|N
I
m
0
c
08
Gl
8
(U
13
c ci
0—
C &
0 (6
m g|||0
C0
8
8
e
CO
C
Gl
LU|OI
C
Ol
X8
'O
C
m
08
Q
N
v0|VlC0
IU
Gl
OlL
0
Gl
Ol
'CO OC
&
m
I-
ID IL
C
8 '-
GL
CO0
I
(o 8
—(0||
||(U|||||||||||||
|Ol
GD OE
Gl
(U 0.
IO
Q
Q
I0
C Q
'O
000 c8
Q O
(U
LU C|OlL
p
0—
Gl
0 o
mc E
0 m
'oc E
PQE
(U
0
GLC
O|||(U
N
(E
Gl
X
Gl
8
CO
8|m
Ol
E
0
8
m
c
I-
ID
C|(U
0
(U—
c m
8
IO
C 8
c '0
(U
ID
ID(D Ol
(UOl p
Cc
ID||Gl
(UE0
Q
O g.
p C
Gl
(U
CO
8 'ol
0
C||C
(U
CO0
CO
4
8
0|Q
C
m
(UO
cC
C
N
0
Gl|(0||
||CO(|||||||||||||
||(U|||||||||||||
|N8 Cp
Q
Gl
M3 (1
0
gy c 8
0
C::'
g
ol
vm
H. O||4I
8
OI
m
c
0|C
ID
a
0|||||||||||
||||ID|||||||||||
|m
IC5 0
m||08
4
Q|(U
I|||||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2023|||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||Note|f|||f|f|f|
|Income from:||||||||||
|Donations
and legacies|||3|2,135,433|1,013,028|3,148,461|2,332,134|928,830|3,260,964|
|Charitable
activities||||||||||
|Grants received||||10,527|6,700,940|6,711,467|126,470|3,834,020|3,960,490|
|Other trading activities||||14,568||14,568|16,625|270,000|286,625|
|Investments||||8,685|3,593|12,278|465||465|
|Other||||32,253||32,253|12,479||12,479|
|Total income||||2,201,466|7,717,561|9,919,027|2,488,173|5032 850|7521023|
|Expenditure
on:||||||||||
|Raising funds|||7|1,072,615|420,920|1,493,535|999,668|424,038|1,423,706|
|Charitable
activities||||||||||
|Sustainable|Livelihood projects||7|1,443,440|5,652,755|7,096,195|1,676,603|4,590,974|6,267,577|
|Education and advocacy|||7|209,671||209671|213253||213,253|
|Total expenditure||||2,725,726|6,073,675|8,799,401|2,889,524|5,015,012|7,904536|
|Net income/
(expenditure)||forthe year|9|(524,260)|1,643886|1,119626|(401,351)|17,838|(383,513)|
|Transfers between|funds|||||||||
|Net movement
in funds||||(524,260)|1,643,886|1,119,626|(401,351)|17,838|(383,513)|
|Reconciliation offunds:||||||||||
|Total funds brought|forward|||914181|662920|1577~101|tp315p532|645 082|1960614|
|Total funds cerned|forward|||389,921|2,306,806|2,696,727|914,181|662920|1,577,101|
|||||||||The group||The charity||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|2023|2022|
||||||||Note|f|E|f|E|
|Fixed assets:||||||||||||
|Tangible assets|||||||14|215,389|198,664|38,339|52,871|
|||||||||215,389|198,664|38,339|52,871|
|Current assets:||||||||||||
|Debtors|||||||16|840,212|645,153|566,111|288,148|
|Cash at bank|and in hand||||||23|2,621,907|1,320,453|925~7|1,267,794|
|||||||||3,462,119|1,965,606|1,491,918|1,555,942|
|Uabilitiesi||||||||||||
|Creditors: amounts||falling due|within|one|year||17|(950,778)|(538,939)|(813,553)|(317,200)|
|Net current assets||||||||2,511,341|1,426,667|678,365|1,238,742|
|Total assets|less current liabilities|||||||2,726,730|1,625,331|716,704|1,291,613|
|Creditors: amounts||tailing due|atter|one year|||18|(30,003)|(48,230)|(30,003)|(48,230)|
|Total net assets||||||||2,696,727|1,577,101|686,701|1,243,383|
|Funds:|||||||21|||||
|Restricted income funds||||||||2,306,806|662,920|1,028,035|1,023,882|
|Unrestricted|income funds:|||||||||||
||||Unrestricted||general|funds||389,921|664,181|(341,334)|219,501|
|||||Designated||funds|||250,000|||
|Total funds||||||||2,696,727|1,577,101|686,701|1,243,383|
|||Note|2023||2022||
|---|---|---|---|---|---|---|
|Cash flows from operating activities|||||||
|Net cash provided
by/ (used in) operating activities||22||1,382,087||(1,081,288)|
|Cash flows from investing activities:|||||||
|Proceeds from sale offixed assets|||17,832||14,163||
|Purchase offixed assets|||(98,465)||(37,562)||
|Net cash (used in) /provided
by investing
activities||||(80,633)||(23,399)|
|Change in cash and cash equivalents|in the year|||1,301854||(1,104,687)|
|Cash and cash equivalents
atthe beginning ofthe year||||1,320,453||2,425,140|
|Cash and cash equivalents
atthe end|ofthe year|23||2,621,907||1,320,453|
|Send a Cow changed
its name to Ripple Effect International,
effective 9September 2022. Ripple Effect International
(formerly Send a Cow) isa company|Send a Cow changed
its name to Ripple Effect International,
effective 9September 2022. Ripple Effect International
(formerly Send a Cow) isa company|Send a Cow changed
its name to Ripple Effect International,
effective 9September 2022. Ripple Effect International
(formerly Send a Cow) isa company|
|---|---|---|
|limited
by guarantee,
registered
in England
and Wales (Company
number: 2290024) and achapity registered
with the Charity Commission
(registered|||
|number: 299717land the Office ofthe Scottish Charity Regulator (SC49792).Ripple Effect International's
registered
address is|shown an page|1.|
|genic ofprepnnnkm|||
|The finandal statements
have been prepared
In accordance with Accounting
and Reporting
by Charities: Statement of Remmmended
Practice||applicable|
|to charities
preparing their accounts
in accordance with the Finandal
Reporting Standard
applicable
in the UK and Republic of|Ireland
(FRS102)(Second||
|Edition, effective 1fanuary 2019) —(Charities SORP FRS102),the Finanwal
Reporting Standard
applicable
in the UK and Republic ofIreland
(FRS102)|||
|(ariarch 2018)and the Companies
Act 2006.|||
|Assets and liabilities are initially recognised at historical cost or transaction
value unless otherwise
stated in the relevant accounting
policy or note.|||
|These financial statements
consolidate the results of Ripple Effect Uganda (formerly Send aCow Uganda), Ripple Effect Kenya|(formerly Send|a Cow|
|Kenya) and Ripple EffectTrading
Limited on a tine by line basis, all are charitable companies
and are wholly-owned
subsidiaries.|Transactions|and|
|balances between
charitable company
and Its subsidiaries
have been eliminated
from the consolidated
financial statements.
Balances between||Ripple|
|Effect International
and the companies
are disclosed
in the notes ofthe charitable
mmpany's
balance sheet.|||
|The acmunting
policies ofRipple Effect Uganda and Ripple Effect Kenya may vary from those adopted
by the group in relation|to the level of items||
|capita llsed and treated asfixed assets. The consolidated
accounts use accounting
policies which are consistent for Ripple Effect InternationaL|||
|Consequently,
the separate entity accounts for Ripple Effect Uganda and Ripple Effect Kenya show diffemnt
values forcertain transactions.|||
|The financial
smtements
are prepared
in pounds sterling,
rounded tothe nearest pound.|||
|pubis beneffl enlitlr|||
|The charitable
company meets the definition ofa public benefit entity under FRS102.|||
|going concern|||
|The trustees mnsider that there are no material
uncertainties
about the chaditable
company's
ability tocontinue asa going concern. In making||this|
|assessment, the Trustees have considered
a period ofat least one year from the date ofapproving the financial statements.|||
|There are no key ludgements
that the charitable
company
has made which have a significant effect on the accounts.|||
|The trustees do not consider that there are any sources ofestimation
uncertainty
atthe reporting date that have a significant|disk ofcausing a material||
|Income|||
|Income is recognised
when the charity has entitlement tothe funds, any performance
conditions attached tothe income have|been met, It is probable||
|that the income will be received and that the amount can be measured
reliably.|||
|Income from government
and other grants, whether
'capital' grants or 'revenue'
grants, is recognised
when the chadity has entitlement
tothe||funds, any|
|performance
conditions attached tothe grants have been met, itisprobable that the income will be received and the amount|can be measured
reliably||
|and is not deferred.|||
|For legacies, entitlement
istaken asthe earlier ofthe date an which either: the chadity isaware that probate has been granted,|the estate has|been|
|Income received in advance ofthe provision ofa specified service isdeferred
until the criteria for Income recognition
are met.|||
|Interact rscebmbfe|||
|Interest on funds held on deposit is induded
when receivable and the amount can be measured
reliably by the charity; this is normally
upon notification|||
|ofthe interest paid or payable
bythe bank.|||
|Fuml eccountiag|||
|Restdicted funds are to be used for spedfic purposes as laid down bythe donor.
Expenditure
which meets these criteria is charged
tothe fund.|||
|Unrestricted
funds are donations
and other incoming resources received or generated for the chayitable
purposes.|||
|Designated
funds are unrestricted
funds earmarked
by the trustees for particular
purposes.|||
|Expawlltura
aad inesmnneble
CAT||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Expenditure
is recognised once there is a legal ormnstructive
obligation to make||a payment to a||third party,|||it is|probable||that settlement||||will||be||||
|required
and the amount ofthe obligation
can be measured
reliably. Expenditure||Is classified under the following||||||activity||headings:||||||||||
|Costs ofraising funds relate tothe costs incurred
by the charitable company||In Inducing third|||parties|to|make voluntary
contributions||||||to||it, as well||||as|
|the costofany activities with a fund ra ising
purpose||||||||||||||||||||
|Expenditure
on chayitable
activities indudes the mats ofsodal development|and agricultural||||projects and advocacy,|||||campaigning|and|||education||||||
|projects undertaken
tofurther the purposes ofthe charity and their associated support costs||||||||||||||||||||
|Irrecoverable
VAT ischarged as amst against the activity for which the expenditure
was incurred.||||||||||||||||||||
|Agacstwn ofsupport seats||||||||||||||||||||
|Expenditure
is allocated tothe particular
activity where the mst relates directly tothat activky.|||However,|||the cost ofoverall direction|||||and admmistration|||||||||
|of each activity, compdising
the salary and overhead mats ofthe central function,||Is apportioned||on the basis|||ofstaff time|||and the amount|||attributable||||||to|
|each activity.||||||||||||||||||||
|Where information
about the aims, objectives and projects ofthe charity is provided to programme|||||participants,|||the mats associated|||with||this|||publiaty||||
|are allocated
tocharitable expenditure.||||||||||||||||||||
|Where such Information
about the aims, objectives and projects ofthe charity isalso provided to||||potential||donors, activity costs are apportioned|||||||||||between|||
|fundrai sing and charitable
activities on the basis ofestimated time spent on each|activity.|||||||||||||||||||
|Governance
mats are the costs associated with the governance
arrangements
ofthe charity. These costs||||||are|assodated||with constitutional|||||and||statutory||||
|requirements
and include any costs associated with the strategic management
of|the charity's activities.|||||||||||||||||||
|Support and governance
costs are re-allocated toeach ofthe activities based on estimated time|||spent.|||||||||||||||||
|Cpennieg
knwae||||||||||||||||||||
|Rental charges are charged on a straight
line basis over the term ofthe lease.||||||||||||||||||||
|Tangible fixed navale||||||||||||||||||||
|Items ofequipment
are cap its lised where the purchase
price exceeds ES00(UK based assets only)|||||or ifthe item isan overseas vehicle.||||||Depreciation|||||||mats||
|are allocated to activities on the basis ofthe use ofthe related assets in those activities. Assets are|||||reviewed for impairment
ifcircumstances||||||||||indicate|||||
|their carrying value may exceed their net realise ble value and value
in use.||||||||||||||||||||
|Where fixed amets have been revalued,
any excess between the revalued
amount||and the historic|||cost of|the asset will be shown as a|||||revaluation||||||reserve|||
|in the balance sheet.||||||||||||||||||||
|Depreciation
is provided at rates calculated to write down the mst ofeach asset to its estimated||||residual||value over its expected useful life.The||||||||||||||
|depreciation
rates in use are as follows:||||||||||||||||||||
|Equipment
and leasehold
improvements
and
2SyS||||||||||||||||||||
|Overseas vehicles
20%||||||||||||||||||||
|land and buildings
33years||||||||||||||||||||
|cablors||||||||||||||||||||
|Trade and other debtors are remgni sad at the settlement
amount due after any trade discount offered. Fre|||||||payments
are|||valued atthe amount||||||prepaid||||
|net of any trade dismunts
due.||||||||||||||||||||
|Cash slbeak sad in heed||||||||||||||||||||
|Cash at bank and cash in hand indudes cash and short term highly liquid investments
with a short||||matufiity||ofthree months or less from the date of||||||||||||||
|acquisition
or opening ofthe deposit or similar account.
Cash balances exclude any funds held on behalf ofservice users.||||||||||||||||||||
|Crsdfiem eed prmrisiaes||||||||||||||||||||
|Creditors
and provisions
are remgni sad where the chadity 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 tosettle the obligation
can be measured||or estimated||reliably.||Creditors and provisions are|||||normally|||||||||
|recognised attheir settlement
amount after allowing for any trade discounts due.||||||||||||||||||||
|Redundancy
and Termination
mats are acmunted for on an accruals basis.||||||||||||||||||||
|Fiannainl
Inabumeals||||||||||||||||||||
|The charity only has finandal
assets and finannal
liabilities ofa kind that qualify as||basic financial||instruments.|||Basicfinanda I instruments||||||are||initially|||||
|recognised attransaction
value and subsequently
measured attheir settlement
value with the exception of bank||||||||loans which are subsequently||||||||measured||||
|at amortlsed
cost using the effective interest method.||||||||||||||||||||
|Penskms||||||||||||||||||||
|The Charity has arranged
a defined contribution
scheme for its staff. Pension casts charged
in the|||||Statement||ofFinancial||Activities represent||||||the|||||
|contdibutions
payable
by the Charity
in the period.
The outstanding
contdibutions||to be paid relates only to June||||||2022, and these were|||paid|||over||||||
|Immediately
after year end.||||||||||||||||||||
|Falwanl seetreses||||||||||||||||||||
|Forward contracts are used as an Instrument
to manage currency
disk where necessary. Gains or|||losses on|||these mntracts||||are recognised||in||line||with||FRS||
|102guidance.||||||||||||||||||||
|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||E|E|E|f.|
|Arab Gulf Programme
for|Development||||||174,755|174,755|153,459|
|Bread for the World|||||||48,999|48,999|58,568|
|Bother|||||||120,294|120+94||
|Brooke Equine Welfare|||||||137,998|137,998|149,974|
|Donkey Sanctuary|||||||11,903|11,903|71,779|
|Guernsey
Overseas
Aid &|Development|CommiaDon|||||67,423|67+23||
|Isle of Man|||||||569,753|569,753|800,482|
|International
Centre of Insect Physiology &Ecology|||||||34,273|34,273|61,059|
|International
Labour Organisation|||||||83,101|83,101||
|jersey Overseas
Aid|||||||845,741|845,741|897,495|
|Mastercard
Foundation|||||||2,565,799|2,S65,799||
|Medioor Foundation|||||||30D,000|300,000|75,000|
|Send a Cow Inc via Ripple|Effect US||||||382,369|382369|378,235|
|The Samworth
Foundation|||||||85,000|85,000||
|UK Aid from the British people 'Wildlife||protection|and sustainable|livelihoods for||||||
|communities
neighbouring|Murchison|Falls Protected Area, Northern|||Uganda'||427,362|427,362|322,070|
|World Food Programme|||||||449,365|449,365|307,805|
|Income from other grants|and trusts under E50,000orAnonymous|||||10,527|396,805|407~2|684,564|
|||||||10,527|6,700,9SO|6,711W7|3,960,490|
|||||2023|2022|
|---|---|---|---|---|---|
|||||Total|Total|
||||||6|
|Gifts||||2,830,927|2,584,425|
|Legacies||||317,534|676,539|
|||||3,148,461|3,260,964|
|||||2023|2022|
|||||Total|Total|
|||||6|6|
|Activities for generating||funds||4,568|16,625|
|Other Sustainable|Agdculture||Trading Income|10,000|270,000|
|||||24568|286,625|
|2023|2022|
|---|---|
|Total|Total|
|1|6|
|12,278|465|
|22P78||
|2023|2022|
|---|---|
|Total|Total|
||6|
|32,253|12,479|
|32453|12479|
||||||Cha ffitable|activities||||
|---|---|---|---|---|---|---|---|---|---|
|||Cost|of raising|Sustainable|Livelihood|Advocacy and|Governance|||
|||funds|f|projects|f|Education projects
f|mats
f|2023Total
f|2022Totalf|
|Staff costs (Note 10)|||912,209||2,937,925|129,611|250,706|4,230,451|3,623,402|
|Olrect Costs|||430,701||3,336869|60,454||32)27,624|3,721,543|
|Grants (Note 8)|||||321,872|||322,872|172,207|
|Office management|||71,694||174,972|9,022||255,688|238,197|
|ITand equipment|||20,167||60,353|3,769|10,926|95,215|94,056|
|Legal and audit fees|||10,283||34,257|9|24,002|68.551|55,131|
||||1,445,054||6,865,848|202,865|285,634|8,799,401|7,904,536|
|Governance costs|||48,481||230,347|6,806|(285,634)|||
|Total expenditure|2023||2,493435||74)96,195|209.671||8,799,401|7,904,536|
|Total expenditure|2022||1,423,706||6,267,577|213,253||7,904,536||
||||||Charitable|activities||||
|---|---|---|---|---|---|---|---|---|---|
|||Cost|ofraising|Susminable|Uvelihood|Advocacy and|Governance|||
|||funds|f|projects|f|Education projects
E|costs
E|2022Total
f|2021Totalf|
|Staff costs (Note 10)|||896,998||2,364,781|128,262|233,361|3,623,402|3,484,234|
|Direct Costs|||407,409||3,243,429|70,705||3,721,543|2,660,977|
|Grants (Note gl|||||172,207|||172,207|342,178|
|Office management|||43,932||190,848|3,417||238,197|193,596|
|ITand equipment|||17,830||63,278|3,353|9,595|94AISS|100,662|
|Legal and audit fees|||tor433||25,666|460|18,572|55,131|36,503|
||||1,376,602||G,OSO,2OS|206,197|261,528|7,904,536|6,818,150|
|Governance
mats|||47,104||207,368|7,056|(261,528)|||
|Total expenditure|2022||1,423,706||6~7+77|||7,904,536||
|Total expenditure|2021||1,368,074||5,237,767|212/09||6,818,150||
||||2023|2022|
|---|---|---|---|---|
||||6|6|
|Cost|||||
|Dawuro Development|Association||44,516|39,614|
|Ibanda University|||68,122||
|Send aCow Inc||||50,724|
|Terepeza Development|Association||1,373||
|Total Land Care||||2,563|
|Tusk Trust Ltd|||121,346|79,306|
|Zambia Rainbow Development||Foundation|86,515||
|Attheendoftheyear|||321,872|172,207|
|Thisisstatedafterchargi|ng/(cred|iting):|||
|---|---|---|---|---|
||||2023|2022|
||||6|6|
|Depredation|||81,740|90,924|
|(Gain)/ Losson disposal|offixed assets||17,832|(1,021)|
|Operating
leases; property|||182,274|139,115|
|Auditors'
remuneration|(exduding|VAT)i|||
|Audit|||22,440|21,600|
|Other services|||||
|Trustees expenses|||12)20|1,625|
|Foreign exchange (gains|)or losses||69,522|(24,887)|
|Staff costs were as follows:||||2023|2022|
|---|---|---|---|---|---|
|||||6|E|
|Salaries and wages||||3,398,087|3,012,435|
|Redundancy
and termination|costs|||57,730|43,515|
|Social security costs||||169,307|165,510|
|Pension contributions||||408,895|276,728|
|Other forms ofemployee benefits (including||holiday|pay accrual)|196,432|125,214|
|||||4,230,451|3,623,402|
|r ofemployees whose emoluments
(excluding employers
pe|nsion) amounted
toover 160000in the year are as fol|lows|
|---|---|---|
||2023|2022|
||No.|No.|
|f60,000to669,999||1|
|670,000to E79,999||2|
|680,000to E89,999
f90,000toE99,999|||
|6100,000to6109,999|||
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||No.|No.|
|Marketing|and development|||||31|33|
|Programmes||Management|(Inc Monitoring||&Evaluation)|11|8|
|Management||&Administration||||11|10|
|Programme||delivery and support||(Africa based)||203|175|
|||||||256|226|
|||tquipment
ano|||
|---|---|---|---|---|
||Freehold|office|||
|The group|property|improvements|Overseas vehicles|Total2023|
|||||E|
|Cost|||||
|At the start ofthe year|122,482|126,872|831,342|1,080,696|
|Additions
in year||13,424|85,041|98r465|
|Disposals in year||(4,012)|(17,459)|(21,471)|
|Atthe end ofthe year|122,482|136,284|898,924|1,157,690|
|Depreciation|||||
|At the start ofthe year|63,100|116,210|702,722|882,032|
|Charge forthe year|3,712|9,077|68,951|81,740|
|Eliminated
on disposal||(4,012)|(17,459)|(21,471)|
|At the end ofthe year|66,812|121,275|754,214|942,301|
|Net book value|||||
|Atthe end ofthe year|55,670|15,009|144,710|215,389|
|At the start ofthe year|59,382|10,662|128,620|198,664|
|Ag ofthe above assets are used for charitable|purposes.||||
|||equipment
ano|||
|||office|||
|The chenly||improvements|Overseas vehicles|Total 2023|
|||||E|
|Cost|||||
|At the start ofthe year||126,868|486,428|613,296|
|Additions
in year||13,424||13,424|
|Disposals in year||(4,012)||(4,012)|
|Atthe end ofthe year||136,280|486,428|622,708|
|Depredation|||||
|atthe start ofthe year||116,209|444,216|560,425|
|Charge for the year||9,077|18,879|27,956|
|Eliminated
on disposal||(4,012)||(4,012)|
|Atthe end ofthe year||121,274|463,095|584,369|
|Net book value|||||
|Atthe end ofthe year||15,006|23,333|38,339|
|atthe start ofthe year||10,659|42,212|52,871|
|||Ripple Effect|Uganda|Ripple Effect|Kenya|Etaerge Poverty|Free|
|---|---|---|---|---|---|---|---|
|||2023
E|2022
E|2023
E|2022
E|2023
E|2022
f|
|Income||||||||
|Income from generated
Voluntary
income|funds||||||38,069|
|Investment
income||26,575|3,867|||||
|Income from charitable|activities|||||||
|Grants receivable||3,082,177|459,691|170,452|203,245|||
|Grants receivable from|Ripple Effect International|454,943|618,026|659,404|582,650|||
|Total Income||3,563,695|1,081,584|829,856|785,895||38,069|
|Expenditure||||||||
|Charitable
activities
Cost of Raising funds
Sustainable
Uvelihood|projects|1,831,778|1,058,938|830,$83|773,994||1,657
99,478|
|Total Expenditure||1,831,778|1058,938|830$83773,994|||101,135|
|Net movement
ln funds||1,731,917|22,646|(727)|11,901||(63,066)|
|Total assets||2,009,179|309,516|$2,133|87,853|||
|Total liablliaes||(41,514)|(43,067)|(7,211)|(20,700)|||
|Total funds held||1,967,665|266,449|44,922|67,153|||
||2023|2022|
|---|---|---|
||E|E|
|Income|10dl00|270,000|
|Expenditure|(12,561)|(270,000)|
|Retained surplus forthe year|(2,561)||
|||The group||The charily||
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||E|E|E|E|
|Trade debtors||||||
|Other debtors||4,215|8,922|69|78,436|
|Tax recoverable||110,929|42,674|110,929|42,674|
|Prepayments|and accrued income|725,068|593,557|455,113|167,038|
|||840,212|645,153|566,111|288,148|
||The group||The charity||
|---|---|---|---|---|
||2023|2022|2023|2022|
||f|f|f|f.|
|Trade creditors|104,256|24,977|103,942|25,101|
|Accrue Isand other creditors|398,658|429,966|282,587|121,435|
|Deferred Income (17a)|356,158||356,158||
|Other tax and social security|91,706|83,996|70,866|170,664|
||950,778|538,939|813,553|317,200|
||||The groey||The charity||
|---|---|---|---|---|---|---|
||||2023
f|2022
f|2023f|2022f|
|Balance|at the beginning ofthe year|||800,482||800,482|
|Amount|released|to income in the year||(800,482)||(800,482)|
|Amount|deferred|in the year|356,158||356,158||
||||356,158||356,158||
||||The groap||The charity||
||||2023|2022|2023|2022|
||||f|f|f|f.|
|Severance provision|||30,003|48,230|30,003|48,230|
||||30,003|48,230|30,003|48,230|
|||'|||||
|---|---|---|---|---|---|---|
||~||~||||
|||||General|Restricted||
|||||unrestricted|funds|Total funds|
|2023||||2023|2023|2023|
|||||||f|
|Tangible|fixed||assets|215,389||215,389|
|Current|assets|||1,155,313|2,306,806|3r462r119|
|Current|liabilities|||(950,778)||(950,778)|
|Long term||liabilities||(30,003)||(30,003)|
|Net assets||at the end ofthe year||389.921|2306406|2,696,727|
|||||General|Restncted||
|||||unrestricted|funds|Totalfunds|
|2022||||2022|2022|2022|
|||||f|F.|f|
|Tangible|fixed||assets|198,664||198,664|
|Current|assets|||1,302,686|662,920|1,965,606|
|Current|liabilities|||(538,939)||(538,939)|
|Long term||liabilities||(48,230)||(48,230)|
|Net assets||at the end ofthe year||914,181|662,920|1,577,101|
|2023||||At the start
ofthe year|Income &
gains|Expenditure
&
losses|Transfers|At the end
year|ofthe|
|---|---|---|---|---|---|---|---|---|---|
|||||E|f|E|||6|
|Restricted funds:||||||||||
|Burundi projects||||84,173|773,811|(840,229)|||17,755|
|Ethiopia projects||||209,864|1,205,760|(1,186,017)|||229,607|
|Kenya projects||||90,123|587,995|(643,542)|||34,576|
|Rwanda projects||||168,361|1,169,369|(1,023,061)|||314,669|
|UK Projects||||40,020|208,820|(240,920)|||7,920|
|Uganda projects||||70,379|724,510|(744,024)|||50,865|
|Mastercard
Foundation|||||2,544,701|(893,287)||1,651,414||
|UK Aid from the British||people|'Wildlife protection|||||||
|and sustainable
livelihoods for|||communities|||||||
|neighbouring
Murchison||Falls Protected Area,||||||||
|Northern
Uganda'|||||427,595|(427,595)||||
|Zambia projects|||||75,000|(75,000)||||
|Total restricted funds||||662,920|7,717,561|(6,073,675)||2,306,806||
|Unrestricted
funds:||||||||||
|General funds||||664,181|2,201,466|(2,725,726)|250,000||389,921|
|Designated
reserves||||||||||
|Foreign exchange||||50,000|||(50,000)|||
|Africa Programmes|Growth|||200,000|||(200,000)|||
|Total unrestricted|&designated||funds|914,181|2,201,466|(2,725,726)||389,921||
|Total funds||||1,577,101|9,919,027|(8,799,401)||2,696,727||
##
|2022|||Atthe start
ofthe year|Income &
gains|Expenditure
&
losses|Transfers|At the end ofthe
year|
|---|---|---|---|---|---|---|---|
||||E|E||||
|Restricted funds:||||||||
|Burundi
projects||||924,158|(839,985)||84,173|
|Emerge poverty Free projects||||||||
|Ethiopia projects|||203,368|989,080|(982,584)||209,864|
|Kenya projects|||73,033|702,832|(685,742)||90,123|
|Rwanda projects|||101,327|1,079,357|(1,012,323)||168,361|
|5ACUK Projects|||198,780|315,258|(474,018)||40,020|
|Uganda projects|||23,493|656,529|(609,643)||70,379|
|UK Aid from the British people 'Wildlife protection||||||||
|and sustainable
livelihoods for communities||||||||
|neighbouring
Murchison||Falls Protected Area,||||||
|Northern
Uganda'||||330,560|(330,560)|||
|Zambia projects|||45,081|35,076|(80,157)|||
|Total restricted funds|||645,082|5,032,850|(5,015,012)||662,920|
|Unrestricted
funds:||||||||
|General funds|||1,065,532|2,488,173|(2,639,524)|(250,000)|664,181|
|Designated
reserves||||||||
|Foreign exchange|||50,000||(50,000)|50,000|50,000|
|Africa Programmes|Growth||200,000||(200,000)|200,000|200r000|
|Total unrestricted|funds||1,315,532|2,488,173|(2,889,524)||914,181|
|Tota Ifunds|||1,960,614|7,521,023|(7,904,536)||1,577,101|
|||||2023|2022|
|---|---|---|---|---|---|
||||||f|
|Net income / (expenditure)
forthe reporting|||period|1,119,626|(383,513)|
|(asper the statement off)nancial activities)||||||
|Depreciation
charges||||81,740|90,924|
|(Profit)/loss on the|disposal offixed assets|||(17,832)|(1,021)|
|(Increase)/decrease|in debtors|||(195,059)|(141,115)|
|Increase/(decrease)|in creditors|||411,839|(634,887)|
|Increase/(decrease)|in Long term creditors|||(18,227)|(11,676)|
|Net cash provided|by / (used in) operating|activities||1382087|(1081288)|
||group|||
|---|---|---|---|
||At 1July 2022|Cash flows 30June 2023||
||f|E|E|
|Overseas accounts|308,091|1,356,560|1,664,651|
|Current account and petty cash|1,012,362|(55,106)|957,256|
|Total cash and cash equivalents|1,320,453|1,301,454|2,621,907|
|Analysis ofcash and cash equivalents|gharry|||
||At 1July 2022
f|Cash flowsf|f|
|Overseas accounts|255,868|(179,966)|75,902|
|Current account and petty cash|1,011,926|(162,021)|849,905|
|Total cash and cash equivalents|1,267,794|(341,987)|925,807|
|ofth|e following periods:|||||
|---|---|---|---|---|---|
|||Land and buildings||land and buildings||
|||group||Charity||
|||2023|2022|2023|2022|
|||E|E|E|E|
|Less|than one year|83,968|182,303||157,591|
|One|tofive years|42p40$|427,255||397,189|
|||126,376|609,558|90,765|554,780|
||||||||2023|||2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restrictedf|Total|Unrestdctedf|Restricted
f|Total
f|
|Income from:|||||||||||
|Donations|and legacies||||2,135,433|1,013,028|3,148,461|2,294,065|928,830|3,222,895|
|Charitable|activities||||||||||
|||Grants received|||10,527|3,518,258|3,528,785|225,948|3,281,947|3,507,895|
|Other trading||activities|||4,568||4,56$|16,625||16,625|
|Investments|||||8,685|3,593|12,278|465||465|
|Other|||||5,67$||5,678|8,612||8,612|
|Total income|||||2,164,891|4,534,879|6,699,770|2,545,715|4,210,777|6,756,492|
|Expenditure|on:||||||||||
|Raising funds|||||1,072,615|420,920|1/93,535|998,012|424,037|1,422,049|
|Charitable|activities||||||||||
|||Agriculture|projects||1,443,440|4,109,806|5,553,246|L676,603|3,842,116|5,518,719|
|||Education|and|advocacy|209,671||209,671|213,253||213,253|
|Totalexpenditure|||||2,725,726|4,530,726|7,256852|2,887,868|4,266,153|7,154,021|
|Net income /||(expenditure)||for the year|(560,835)|4,153|(556,682)|(342,153)|(55,376)|(397,529)|
|Reconciliation||offunds:|||||||||
|Total funds|brought forward||||219,501|1,023,882|1,243,383|561,654|1,079,258|1,640,912|
|Total funds|carried forward||||(341,334)|1,02$,035|6$6,701|219,501|1,023,882|1,243,383|