Registered with the Charity Commission for Northern Ireland NIC100160
Tanzania Christian Farm Development Trust (NI)
Private & Confidential
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ACCOUNTS YEAR ENDED 31[st] MARCH 2023
TANZANIA CHRISTIAN FARM DEVELOPMENT TRUST (NI)
CURRENT ACCOUNT
2022/23
Opening Balance (1/4/22) Closing Balance (31/3/23) Profit/Loss
Total Income Total Expenditure
£13,418.22 £6,692.46 ----------------- (-£6,725.76) £77,984.47 £84,710.23 ----------------- (-£6,725.76)
2
TANZANIA CHRISTIAN FARM DEVELOPMENT TRUST (NI)
| INCOME | 2022/23 (£) |
|---|---|
| Opening Balance (1/4/22) | 13,418.22 |
| Individual Donations | 49,955.70 |
| Church/Group Donations | 15,222.50 |
| Gift Aid | 7,636.27 |
| Memoriam Gifts | 5,170.00 |
| -------------- | |
| Total Income |
£77,984.47 |
| EXPENDITURE | 2022/23(£) |
| Money Transferred to Tanzania | 73,000.00 |
| Equipment | 5,511.90 |
| J & P Tuff Living Allowance | 3,420.00 |
| Flights | 1,156.80 |
| Administration Costs | 810.00 |
| Insurance | 445.54 |
| Bank Charges | 215.99 |
| Unpaid Chqs | 150.00 |
| Closing Balance (31/3/23) | 6,692.46 |
| --------------- | |
| Total Expenditure |
£84,710.23 |
3
Tanzania Christian Farm Development Trust (TZ)
Private & Confidential
ACCOUNTS
YEAR ENDED 31[ST] MARCH 2023
4
TZ EXIM GBP ACCOUNT
2022/23
| Opening Balance (1/4/22) | £3,995.00 |
|---|---|
| Closing Balance (31/3/23) | £1.00 |
| ------------- | |
| Profit/Loss | -£3,994.00 |
| Total Income | £73,000.00 |
| Total Expenditure | £76,994.00 |
| --------------- | |
| Profit/Loss | -£3,994.00 |
| INCOME | £ |
| Opening Balance (1/4/22) | £3,995.00 |
| Money transferred from NI | £73,000.00 |
| --------------- | |
| £76,995.00 | |
| EXPENDITURE | |
| Money Transferred to TZ Exim Tsh A/c | £76,880.00 |
| Bank Fees | £114.00 |
| Remaining Balance | £1.00 |
| --------------- | |
| £76,995.00 |
5
TZ EXIM TSH ACCOUNT
2022/23
Tsh 516,425.00 5,815,613.64 ------------------- +5,299,188.64
Opening Balance (1/4/22) 516,425.00 Closing Balance (31/3/23) 5,815,613.64 ------------------- Profit/Loss +5,299,188.64 Total Income 221,940,322.00 Total Expenditure 216,641,133.36 --------------------- Profit/Loss +5,299,188.64
| INCOME | £1 | Tsh__ | _____ |
|---|---|---|---|
| Opening Balance (1/4/22) | (£ 183.78) | 516,425.00 | |
| Money transferred from NI | (£76,994.10) | 216,356,492.00 | |
| AIM Contributions | (£ 1,985.31) | 5,578,800.00 | |
| Bank Interest Received | (£ 1.79) |
5,030.00 | |
| ------------------ | --------------------- | ||
| £79,164.98 | 222,456,747.00 |
| EXPENDITURE £ |
|
|---|---|
| Cash Withdrawals (£38,077.75) 107,000,000.00 Staff Wages (Kazima & NDV) (£23,069.76) 64,826,937.36 Cheque Purchases (£ 9,468.37) 26,606,500.00 School Fees (£ 4,528.41) 12,725,000.00 School Transport (£ 1,924.35) 5,407,500.00 Bank Fees (£ 26.76) 75,196.00 Closing Balance (£ 2,069.58) 5,815,613.64 ------------------- (£79,164.98) 222,456,747.00 |
1 Based on an annual average exchange rate of £1: Tsh 2810.04
6
PETTY CASH ACCOUNT
2022/23
| INCOME | £2 | Tsh |
|---|---|---|
| Opening Petty Cash | (£ 1,183.81) | 3,326,561.00 |
| Cash Withdrawals from Bank |
(£38,077.75) | 107,000,000.00 |
| Other Income | (£ 1,326.32) | 3,726,999.00 |
| Child Sponsorship | (£ 345.07) | 969,656.00 |
| -------------------- | -------------------- | |
| (£40,932.95) | 115,023,216.00 |
2 Based on an annual average exchange rate of £1: Tsh 2810.04
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2022/23
| 2022/23 | ||
|---|---|---|
| EXPENDITURE | £3 | Tsh |
| Food (Children) | (£ 8,011.77) | 22,513,400.00 |
| Building Costs | (£ 5,417.89) | 15,224,500.00 |
| NSSF | (£ 5,067.41) | 14,239,624.00 |
| Fuel | (£ 3,109.89) | 8,738,910.00 |
| Food (Staff) | (£ 3,034.35) | 8,526,650.00 |
| Vehicle Maintenance |
(£ 2,027.03) |
5,696,040.00 |
| Electric | (£ 1,885.03) | 5,297,000.00 |
| Wages | (£ 1,812.59) | 5,093,451.00 |
| Education |
(£ 1,112.26) | 3,125,500.00 |
| Health Care | (£ 1,067.65) | 3,000,150.00 |
| Gas | (£ 1,027.39) | 2,887,000.00 |
| Domestic Supplies | (£ 862.69) |
2,424,200.00 |
| Phone/Internet | (£ 853.19) | 2,397,500.00 |
| Office Expenses | (£ 628.51) | 1,766,150.00 |
| Baby Formula | (£ 600.70) | 1,688,000.00 |
| Clothes/Shoes | (£ 588.60) | 1,654,000.00 |
| Guard Dog Food | (£ 540.85) | 1,519.800.00 |
| Dairy | (£ 373.61) | 1,049,850.00 |
| Toiletries | (£ 353.91) | 994,500.00 |
| Farm (Ndevelwa) | (£ 314.76) | 884,495.00 |
| Water | (£ 257.78) |
724,362.00 |
| Staff Uniform | (£ 255.56) | 718,123.00 |
| CCTV | (£ 238.43) | 670,000.00 |
| Children’s Gifts | (£ 231.35) | 650,100.00 |
| Security | (£ 226.63) | 636,850.00 |
| Maintenance & Supplies |
(£ 212.99) |
598,500.00 |
| Bee Enterprise | (£ 199.29) | 560,000.00 |
| WCF | (£ 131.85) | 370,508.00 |
| PAYE | (£ 120.75) | 339,314.00 |
| Veterinary Costs | (£ 151.96) | 427,000.00 |
| Kitchen Utensils | (£ 70.35) | 197,700.00 |
| Furniture | (£ 18.51) | 52,000.00 |
| Parking Fees | (£ 10.50) | 29,500.00 |
| Animal Feeds | (£ 9.61) |
27,000.00 |
| Fencing (Kazima) | (£ 5.34) | 15,000.00 |
| Equipment (Workshop) | (£ 2.85) | 8,000.00 |
| Petty Cash remaining | (£ 99.12) |
278,539.23 |
| ----------------- | -------------------- | |
| Total Expenditure | £40,932.95 | 115,023,216.23 |
3 Based on an annual average exchange rate of £1: Tsh 2810.04
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SUMMARY
2022/23
| TOTAL INCOME | Tsh | £4 |
|---|---|---|
| Opening Balance | 516,425.00 | (£ 183.78) |
| Money transferred from GBP account | 216,356,492.00 | (£ 76,994.10) |
| AIM Contributions | 5,578,800.00 | (£ 1,985.31) |
| Other Income | 3,726,999.00 | (£ 1,326.62) |
| Petty Cash brought fwd | 3,326,561.00 | (£ 1,183.81) |
| Child Sponsorship | 969,656.00 | (£ 345.07) |
| Bank Interest | 5,030.00 | (£ 1.79) |
| -------------------- | ----------------- | |
| 230,479,963.00 | (£ 82,020.17) | |
| TOTAL EXPENDITURE | Tsh | £ |
| Wages | 84,869,834.36 | (£30,202.36) |
| Building Costs | 41,831,000.00 | (£14,886.26) |
| Food Supplies | 32,728,050.00 | (£11,646.83) |
| Education | 21,258,000.00 | (£ 7,565.02) |
| Transport Costs | 14,464,450.00 | (£ 5,147.42) |
| Utilities | 11,305,862.00 | (£ 4,023.38) |
| General Equipment & Supplies | 7,038,373.00 | (£ 2,504.72) |
| Health Care | 3,000,150.00 | (£ 1,067.65) |
| Maintenance & Repairs | 2,787,995.00 | (£ 992.15) |
| Animal Costs | 1,973,800.00 | (£ 702.41) |
| Office Expenses | 2,403,000.00 | (£ 855.15) |
| Children’s Gifts | 650,100.00 | (£ 231.35) |
| Bank Fees | 75,196.00 | (£ 26.76) |
| Petty Cash remaining | 278,539.00 | (£ 99.12) |
| Closing Balance | 5,815,613.64 | (£ 2,069.58) |
| --------------------- -------------------- |
||
| Total Expenditure | 230,479,963.00 | £82,020.17 |
4 Based on an annual average exchange rate of £1: Tsh 2810.04
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