2021-12-31-accounts - Ethiopiaid

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Reference	and Administrative	and Administrative
Trustees'	Report		2to 14
Statement	ofTrustees'	Responsibilities		15
Independent Auditors'		Report	16to 18
Statement	of Financial	Activities		19
Balance Sheet
				20
Statement	ofCash Flows
Notes to the Financial		Statements	22	to 38

Chief Executive Officer	Chief Executive Officer	Chief Executive Officer	Chief Executive Officer	L Cousins
Trustees				A Chapman
				A Fenn
				SGdmsdale
				M Norman
				E Prak
				N Reed
				H Hom
				TReed
Secretary				SGrimsdale
Charity Registration		Number		802353
Company	Registration		Number	02435882
Registered	Office			The charity is incorporated PO BOX5168			in England	and Wales.
				Bath
				BA1 ORR
Auditor				Milsted Langdon		LLP
				4 Queen Street
				Bath
				BA1 1HE
Bankers				Barclays Bank
				Hounslow
				Leicester
				LE872BB
				HSBC Bank
				Knightsbridge	Premier Centre
				102Brompton	Road
				London
				SW31JJ
				Bank ofScotland
				PO Box 17235
				Edinburgh
				EH11 1YH

Ethiopiaid the conflict	Ethiopiaid the conflict	provided a number which began in the	ofemergency Tigray region	grants to partners facing significant in November 2020, and the impact	grants to partners facing significant in November 2020, and the impact	grants to partners facing significant in November 2020, and the impact	challenges ofcovid.	caused by
PARTNER		PURPOSE	OF GRANT /	PROJECT			PLEDGE AINOUNT (K)
		Emergency border with	relief support Sudan	for refugees	in camps on	the		100,000
Wings of	Healing	Equipment and medicines for emergency medical dinics internally displaced persons camps in Axum and Adwa				in
Nicholas	Robinson
School (NRS), Mekale		A briidging vulnerable	grant to maintain student schoolchildren in Mekele		sponsorship	of		20,000
		Emergency	relief for internally displaced		persons and host
		communities
APDA		Market recovery project in		Yallo —grant 1	of4			50,000
TOTAL								373,230

PARTNER	PURPOSE OF	PURPOSE OF	GRANT /PROJECT					PLEDGE AMOUNT (E)
	Safe house costs in Dessie to support			women		and	girls
AWSAD	needing	support	as a result of sexual	violence		during	the	93,750
	conflict.	(E31kpaid in 2021)
APDA	Market	recovery	project in Yalio —instalments		2to 4			65,000
TOTAL								158,750

Trustees and officers	Trustees and officers
The trustees	and officers serving	during the year and since the year end were as follows:
Trustees:		A Chapman
		A Penn
		SGrimsdale
		M Norman
		E Prak
		N Reed
		H Horn
		TReed
Chairman:
Chief Executive Officer:		L Cousins
Secretary:		SGrimsdale

	Rec	ognised Gain	s	and Losses	)
		Unrestricted		Restricted	Total 2021	Total 2020
	Note	E		6		8
Income and Endowments	from:
Donations and legacies Investment income	3 4	2,222,532 258		487,355	2,709,887 258	2,558,563 3,017
Total income		2,222,790		487,355	2,710,145	2,561,580
Expenditure on:
Raising funds Charitable activities	5 6	(225,460) (1774705)	,	,(487,624)	(225,460) ~2,262.320	(256,351) (2,603.297)
Total expenditure		~(2.000,(65		~(487624	(2,.487,789)	(2.859,648)
Net income/(expenditure) Transfers between funds		222,625 40,000		(269) (40,000)	222,356	(298,068)
Net movement in funds		262,625		(40,269)	222,356	(298,068)
Reconciliation offunds
Total funds brought forward		2,301,975		83,101	2,385,076	2,683,144
Total funds carried foiward	17	2,564,600		42,832	2,607,432	2,385,076

		g Balance Sheet as at 31	December	202'l
				2021	2020
			Note	6	6
Fixed assets
Tangible assets			13	5„752	6,097
Current assets
Debtors				207,447	216,452
Cash at bank and in hand				2,425,576	2,493,994
				2,633,023	2,710,446
Creditors:	Amounts	falling due within one year	15	(31,3431	~(331,467
Net current	assets			2,601,680	2,378,979
Net assets				2,607,432	2,385,076
Funds ofthe charity:
Restricted	income funds
Restricted funds				42,832	83,101
Unrestricted	income	funds
Unrestricted	funds			2„564,600	2,301,975
Totalfunds			17	2,607,432	2,385,076

Statement of	Cash Flows f	or the Ye	ar Ended	31December	2021
				2021	2020
			Note	8
Cash flows from operating	activities
Net cash income/(expenditure)				222 356	(298068)
Adjustments tocash flows	from noncash	items
Depreciation Investment income			5 4	1,917 ~2553	2,033 ~3,017
				224,015	(299,052)
Working capital adjustments
Decrease/(increase) in debtors (Decrease)/increase in creditors			14 15	9,005 ~300,124	(141,482) 308.917
Net cash flows from operating	activities			(67,104)	(131,617)
Cash flows from investing activities
Interest receivable and similar income Purchase oftangible fixed assets Net cash flows from investing activities Net decrease in cash and cash equivalents			4 13	258 ~15720 ~1,314 (68,418)	3,017 ~, 5130 ~05.113 (136,730)
Cash and cash equivalents at	1 January			2,493,994	2,630,724
Cash and cash equivalents at	31 December			2,425,576	2,493,994

	Unrestricted
			Total	Total
Donations and legacies;	General 8	Restricted	2021 6	2020
Legacies Donations Gift aid reclaimed Gifts in kind	362,971 1,570,480 280,081 9,000	43,210 444,145	406,181 2,014,625 280,081 9,000	347,364 1,924,261 257,938 29,000
	2,222,532	487,355	2,709,887	2,558,563

		Unrestricted
		funds	Total	Total
Interest receivable	and similar income;	Generalf	2021 6	2020
Interest receivable on bank deposits Other investment income		95 163	95 163	2,924 93
		258	258	3,017

				Total	Total
			Direct costs	2021	2020
Costs Other	ofgenerating donations costs ofgenerating funds	and legacies	6 202,938 22,522	E 202„938 22,522	6 246,223 10,128
			225,460	225,460	256,351

				Unrestricted
						Total	Total
			Note	General f	Restricted 8	2021 6	2020 8
Grant funding	of
activities Staff costs Allocated support		8 11		1,420,372 236,962	487,624	1,907,996 236,962	2,283,504 216,782
costs Governance	costs			109,524 7,847		109,524 7,847	93,500 9,511
				1,774,705	487,624	2,262,329	2,603,297

				Admini	Other
		Finance costs 8	Staff costs 8	-stration costs 6	support costs 6	Total 2021	Total 2020
Staff
development Insurance Office expenses			3,329		2,963 64,264	3,329 2,963 64,264	1,481 4,972 45,131
Online Donation
Processing Sundry expenses Refund for				1,493	1,295	1,493 1,295	1,622 2,148
unused funds Consultancy Management	fees				14,000 1,386	14,000 1,386	9,829
fees							100
Bank charges Legal and		2,343				2,343	2,561
professional Depreciation					1,960 1,917	1,960 1,917	5,365 2,033
Photography Direct Debit							3,718
processing fee					14,574	14,574	13.202
Marketing
platform							1,338
		2,343	3.329	1,493	102,359	109,524	93,500

	Unrestricted
		Total	Total
	General	2021	2020
	8	6
Other non-audit services Auditors remuneration	3,147 4,700	3,147 4,700	3,948 5,563
	7,847	7,847	9,511

Analysis ofgrants
				Grants	to	institutions
				2021		2020
				6		6
Analysis
Ethiopia Partner Support				1,907,996		2,283,504
The support costs associated			with grant-making	are 6354,333(31 December 2020 - f319,793).
Below are details ofmaterial			grants made to institutions
				2021		2020
Name ofPartner					6	6
Afar Pastoralist Development
Association (APDA)				202,000		320,000
Aisha Charity Association				15,000
Alliance for Better Life Association
(ABLA)						15,000
Association of Forced Migrants				20,000
Association ofWomen's	Sanctuary
and Development (AWSAD)				147,550		246,838
Atsede and Indies Womens		Clinic		12,000		16,000
Cheshire Foundation Action		for
Inclusion				7,000		7,000
Cheshire Services Ethiopia				372,000		540,016
Child Development Training		and
Research Centre (CDTRC)						13,000
Dignity Period				(10,225)		10,225
Emmanuel Development
Association				19.500
Ethiopiaid Australia						44,800
Ethiopiaid Canada						43,000
For Ethiopia				11,000
Future Generation Hope	for
Vulnerable Children				20,000
FTPI DO				15,000
Guidance Welfare Development
Association (GWDA)						19,000
Hamlin Fistula Hospital				50,000		50,000
Healing Hands ofJoy				50,000		50,000
Hope Enterprises				183,834		250,000
Hope of Light						100,000
Hope University College				75,000		75,000

Notes to the Fi	na	ncial Statements for the Year	Ended 3t Decemb	er 2021
Hospice Ethiopia			50,000	50,000
Konso Development Association
(KDA)			20,000
Medicine Sans Frontiers	(MSF)		100,000
Mothers and Children Development
Organisation				15,000
National Podoconiosis Action
Network (NAPAN)			40,793
Nicholas Robinson School			20,000
Pro Development Network				17,000
Project Harar Ethiopia			20,000	25,000
Promotional Service for
Development				17,000
Rajo Somali Women Living		with HIV	20,000
Safehands for Mothers			20,000
SENEthiopia				(10,075)
SENTigray				15,000
Simien Mountains Mobile Medical
Service				55,000
Studio Samuel Foundation			19,287	2,400
Support for Children, Women and
Older People (SCWOP)			164,200	210,700
Talent Youth Assoication			20,000
The Big Give Chdstmas	Challenge		100,827	86,600
Wings of Healing			123,230
			1.907.996	2,283,504
9 Net incoming/outgoing		resources
Net incoming/(outgoing)	resources for the year include:
			2021	2020
			8	6
Audit fees			4,700	5,563
Other non-audit services			3,147	3,948
Depreciation offixed assets			1.917	2,033

11 Staff costs
The aggregate	payroll costs were as follows:
		2021	2020
Staff costs during the year were:
Wages and saladies		211,917	190,767
Social security	costs	20,131	19,025
Pension costs		4,914	6,990
		236,962	216,782

13Tangible fixed assets
	Furniture and
	equipment	Total
	6	6
Cost
Af 1 January 2021	8,130	8,130
Additions	1,572	1,572
At 31 December 2021	9,702	9,702
Depreciation
At 1 January 2021	2,033	2,033
Charge for the year	1,917	1,917
At 31 December 2021	3,950	3,950
Net book value
At 31 December 2021	5,752	5,752
At 31 December 2020	6,097	6,097

14Debtors
		2021	2020
Gift aid			6
Prepayments Legacies		47,333 3,920 156,194	50,471 2,314 163,667
		207,447	216,452
15Creditors: amounts	falling due within one year
Trade creditors Other taxation and social Other creditors Accruals	security	2021f 18,005 5,330 263 7,745	2020 313,851 3,601 6,260 7,735
		31,343	331,467

'l7 Funds
						Balance at
		Balance at				31
		1January	Incoming	Resources		December
		2021	resources	expended	Transfers	2021
			8
Unrestricted funds
General
General Fund		2,251,975	2,213,790	(1,991,165)	40,000	2,514,600
Capacity Building	Funds	50,000				50,000
		2,301,975	2,213,790	(1,991,165)	40,000	2,564,600
Restricted funds
Noma and Facial
Disfigurement		40,000			(40,000)
Dignity Period Project		2,062	1,793	(2,062)		1,793
Hamlin Fistula Hospital		41,039	58,022	(58,022)		41,039
Cheshire Services			430	(430)
Association for Women' s
Sanctuary and
Development			174,601	(174,601)
Support for Women,
Children and Older
People			220	(220)
Disability			5,907	(5,907)
Hope Enterprisss			19,770	(19,770)
Education			25,533	(25,533)
Emergency relief			110,338	(110,338)
Maternal Health			41,362	(41,362)
Women and girls			18,587	(18,587)
Fistula Programme			2.292	(2,292)
Hope University College			28,500	~(23500
Total restricted funds		83,101	487355	~487624)	(40000)	42832
Total funds		2,385,076	2.701,145	~(2,478,780		2,607,432

Notes to th	e Financi	al Statement	s for the	Year Ended	31 December	2021
						Balance at
		Balance at				31
		1January	Incoming	Resources		December
		2020f	resources	expended	Transfers E	2020 8
Unrestricted funds
General
General Fund		2,633,144	2,233,434	(1,041,868)	(1,572,735)	2,251,975
Capacity Building	Funds	50,000				50,000
		2.683.144	2,233,434	~(1,D41.868	~1,572,735	2,301.875
Restricted
Noma and Facial
Disfigurement			25		39,975	40,000
Dignity Period Project			12,287	(10,225)		2,062
Hamlin Fistula Hospital			91,039	(50,000)		41,039
Cheshire Services			250	(540,016)	539,766
Association for Women' s
Sanctuary and
Development			128,800	(246,839)	118,039
Support for Women,
Children and Older
People			9,100	(210,700)	201,600
Hope Enterprises			1,160	(250,000)	248,840
Education			125	(15,000)	14,875
Emergency relief			51,705	(320,000)	268„295
Hope University	College		25	(75,000)	74,975
Healing Hands ofJoy Hospice Ethiopia			13,580 20,050	(50,000) ~50.000	36,420 29,950
Total restricted funds			328.146	t1.847.7803	1,572.735	83,101
Total funds		2,683,144	2,561,580	(2,859,648)		2,385076

18Anal	y	sis ofn	et assets be	tween funds
								Totalfunds
								at 31
				Unrestricted		funds	Restricted	December
				General	Designated		funds	2021
						8	F
Tangible		fixed assets		5,752				5,752
Current Current	assets liabilities			2,427,186 ~(31,343		50,000	42,833	2,520,019 (31,343)
Total net		assets		2,401,595		50,000	42,833	2,494,428
								Totalfunds
								at 31
				Unrestricted		funds	Restricted	December
				General	Designated		funds	2020
				8		8
Tangible		fixed assets		6,097				6,097
Current	assets			2,577,345		50,000	83,101	2,710,446
Current	liabilities			(331,467)				(331,467)
Total net		assets		2,251,975		50,000	83,101	2,385,076
19Analysis ofnet funds
								At 31
					At 1January		Financing	December
						2021 8	cash flowsf	2021 8
Cash at Net debt	bank and		in hand		2,493,994 2,493,994		(68,418) ~68,478	2,425,576 2,425,576
								At 31
					At 1January		Financing	December
						2020	cash flows	2020
						8	8	8
Cash at	bank and		in hand		2,630,724		(136,730)	2,493,994
Nst debt					2,830,724		~136,7301	2.493,9114