Water for Africa - Charities report - 22.1

REGISTERED COMPANY NUMBER: 05480807 (England and Wales)

REGISTERED CHARITY NUMBER: 1113268

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

FOR

WATER FOR AFRICA

Page

Report of the Trustees

1

to

8

Independent Examiner's Report

9

Statement of Financial Activities

10

Statement of Financial Position

11

Notes to the Financial Statements

12

to

16

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Provide a clean, safe 'Water' source for health, an essential nutrient and building block for life.

Provide a sustainable 'Water' source for horticulture and agriculture, which in turn, supports the community to help 'grow' their way out of poverty.

The model has to work permanently within Africa by training teams of local people, who in turn work within the local communities, through training, education and long-term support.

Full Community assessment and engagement. We work with the community to identify and agree the best programme for them and their individual needs, to provide water, sanitation and health programmes. Being based locally and permanently within Africa, has enabled us to provide a permanent level of support and service to the communities we work with, we can assist with major repairs and spare part replacements, after the work has been completed.

Full training for the 'community water resources manager' to enable them to continue to maintain service and take ownership of the water system on a day to day basis.

Joint cooperation and agreement with the community to ring-fence community contributions to ensure funding or future repairs and service.

A long-term follow up programme to monitor and evaluate the impact of the new programme on the community.

It is the long-term vision of the charity to take this model and implement it across the whole of Africa in communities where water is the key to reducing poverty for the long-term.

Water for Africa's plan for the provision of long-term education and training services aimed at targeting the youth to provide them with education, skills, training in a wide variety of areas, including borehole drilling, maintenance, building skills, agricultural skills, solar and battery installation.

We decide on where we work, taking into account the following factors:

Information from our locally based team about areas not well served by other NGOs.

International support where our input would be needed; full participatory needs analysis is carried at community level to assess the level of need. Priority is given to communities with inadequate water for health, health centres, schools and communities with a greater proportion of women and children.

We have an ethical stance where we seek to provide our programmes without detriment to the local economy or community. To this end where beneficial we seek to locally source labour, materials and supplies where available, in order to ensure that the benefits of our work are maximised across the economy. This approach underpins local businesses, local employment prospects and the viability of the local community, thereby reducing or avoiding internal migration.

Voluntary help and gifts in kind

The trustees are very grateful to the support of volunteers, companies and the general public who helped in carrying out fund-raising on our behalf and in particular those who work overseas. The public and many companies have been very generous in providing gifts in kind, particularly donations of medical equipment, borehole consumables, and office support.

Significant activities

Water for Africa has developed a successful model in providing communities in 'West Africa' with water, sanitation and health provision for the long-term and is proven to be sustainable. The trustees believe that the model and core philosophies developed over the last have enabled the charity to overcome many traditional challenges which have faced donors for many years.

With so many water points now failing across Africa, we believe a new model is urgently needed across Africa to tackle this new 'Water Crisis'. Our organisational aims are targeted at ensuring water points are serviced, maintained, repaired and upgraded, using our own drilling organisation based in Africa. It is our aim to continue to build upon this model across West Africa.

Water for Africa undertakes water, sanitation and health projects, working with communities for the long-term. The trustees consider that the best long-term model to continue to support the growth, education and development of locally based teams in Africa. Through this model, teams are permanently based to work with their own people, understand their specific needs, challenges and cultures, provide an agreed mutually beneficial programme to provide the community with the appropriate water, sanitation and health programme to encourage sustainable growth out of endemic poverty. In addition, the Water for Africa teams own career prospects are advanced, resulting in their own livelihood being enhanced.

Being based permanently also means the communities we work with have a long-term source of support for their projects.

The trustees believe that the provision of 'boreholes' rather than open wells for the communities we work with, provide the following benefits:

Safe: Reduces the risk of cross contamination with livestock and prevents the threat of children and livestock falling into the water source.

Sustainable: Because the borehole reaches the deeper aquifers, the borehole does not diminish in the 'dry season' and can provide the community with a continuous, high yielding water source.

Upgradable: The borehole can be upgraded from a hand-pump, to a fully integrated irrigation system for agriculture.

Public benefit

The activities currently carried out for the public benefit by the charity can be broadly categorised into the following groups of programmes:

- Public health, which includes water supply through the drilling of boreholes, sanitation, and health programmes;

- Sustainable communities, which includes development of agriculture and sustainable Industries, social institution development and education and training;

- Other programmes including campaigning and public education.

In setting our programme each year we have regard to both the Charity Commission's general guidance on public benefit and prevention and relief of poverty for the public benefit.

The trustees always ensure that the programmes we undertake are in line with our charitable objects and aims. Our ambitious aim is to eradicate poverty in the areas where we work.

Sustainable Communities

During the year we were involved in running programmes to encourage sustainable communities. The main work in borehole provision, agricultural development, education, and training in sanitation.

Water for Africa has recruited a dedicated local team who have been trained by European and African specialists with extensive experience and expertise gained across Africa, Asia and Europe. The specialists include water engineers, agriculturists, economists, environmental and public health specialists who work with and support Water for Africa.

The team were trained in all aspects of water drilling and project management and logistics. We believe that a sustained programme of investment will enable communities in Africa to develop, become self-reliant and so break the cycle of emergency, short-term relief that proves so draining on charity funds.

Water for Africa has started to implement the strategy that we believe could help challenge the fundamental roots of poverty, hunger and health issues in the developing world.

Water For Africa also believes in investing in the model to provide lifetime support of all water projects in Africa, through to continuous support, training and service to ensure all of the boreholes, equipment and services remain updated and viable, a key criticism of aid for water in the past, was that the deterioration and lack of continuous support for the water sources mean that the wells are now falling into a state of disrepair and as such are no longer working. It is Water for Africa's vision to provide each country with the necessary trained people and support to provide spare parts and service.

A Unique Model

Long-term sustainability of all projects is key to the success of the organisation. Water for Africa is instrumental in ensuring long-term funds are available for communities to maintain, service and repair water and sanitation points. This is maintained by sensitising the community to agree and sign a 'memorandum of understanding'. This ensures that the community understands that Water for Africa intends to work with the community on a long-term basis and that Water for Africa will monitor the progress and the monies being raised. No committee member or members of the community will have access to any funds raised from the water system, for its maintenance and sustainability. Water for Africa will sanction and scrutinise the cost of all repairs and maintenance. Water for Africa will work with the villages to improve and update the water systems. Water for Africa believes that when a donor sponsors a project, they ultimately become a stakeholder in the welfare of the village therefore, sustainability is essential. Having an organisation based within the country, employing, training and empowering a local team ensures that we are permanently available to support the communities. We ensure that the whole team is managed and funded from the UK and that accountability and transparency are crucial to the on-going success of our organisation.

We are in the business of reducing poverty incidence in targeted areas. The immediate objective of the project is increase the diversified income -generating opportunities for the poor in targeted areas so that they could better benefit from the improved infrastructure facilities implemented by Water For Africa. This would be done by supporting sustainable livelihood activities for the poor living in areas targeted by Water for Africa.

Our work this year highlighted the need to support the development of communities with the provision of water for agriculture and village gardens. Many of the communities we have provided water to for agriculture, such as the 'Welling- Ara' project funded by the FAO, has enabled communities to grow crops for their own consumption, sell crops to pay for health and education for their families and for them to re-plant and sell seedlings for other individuals in their own and neighbouring villages and communities.

The charity also provide services and healthcare support to communities in rural and peri-urban areas of Africa, who can demonstrate a need, which will have a direct impact on the reduction of poverty and provide a stable sustainable infrastructure to improve the livelihood of the people in the communities.

Capacity Building for Participatory Learning in Project Preparation and Administration.

This component will provide technical support in providing the necessary expertise and will provide technical support to the project and beneficiaries. Diversity of the various experts would count as one of the main assets of all Water for Africa implemented projects.

It is our long-term aim to establish main regional strategic business unit centres allowing for better coordination of project in all Africa countries. This would strengthen the capacity of locally based communities to effectively undertake activities efficiently. The regional centres would be assigned with the task of undertaking initial poverty assessments, preparing operational plans for innovative and effective livelihood activities, and monitoring and assessing impact.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The trustees are aware of the impact that the Covid pandemic had on both fundraising and works on the ground. All drilling was postponed during lockdown. The team were continually supported during this time, with both provision of PPE and salaried throughout the whole pandemic.

Where the team could, they continued to oversee the construction of offices and warehousing on the new training academy site. Catching Light has provided complete architectural drawings to construct a solar, electric drilling academy. The aim to start assembly in November 2022. The training academy will teach borehole drilling, installation of solar systems, simple building practices, utilising sustainable building practices.

Boreholes continue to be repaired and upgraded with new solar systems, where possible, providing water via standpipes/taps, with the support of Catching Light Ltd.

FINANCIAL REVIEW

Financial review

The charity has received £39,640 in donations (2020: £353,340) during the year and the trustees would like to thank all donors and volunteers for their continuing support. The trustees are pleased with the achievements made in furthering the charity's objects. The outgoing resources for the period amounted to £193,581 (2020: £199,443), all un-restricted funds, resources and most of the reserves were spent on projects in The Gambia.

Reserves policy

It is the policy of the trustees to maintain unrestricted funds, which are the free reserves of the charity, to enable the charity to continue to operate if funding were to fall whilst replacement funding was obtained. The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the "free reserves") held by the charity should be approximately 3 to 6 months of the unrestricted expenditure. At present the free reserves amount to £285,163 (2020: £439,103) and the management committee are considering ways in which additional unrestricted funds will be raised.

FUTURE PLANS

To continue to provide communities in rural areas with water for health and agriculture, utilising the repair and maintenance programme.

Samuel Levy Training Academy Project

Land has been acquired and building works will be completed in 2021 to provide a full training academy. The building will be constructed with eco building materials, and be run completely off grid, utilising 100% solar and propriety safe, ethical battery technology, supported by Catching Light Ltd.

The academy is aimed at providing, education, training and investment in African people to drill and sustain their own water projects and is the basis of this project. We aim to demonstrate how water can be used sustainably and holistically to provide communities with the foundation to develop, through good health and prosperity through ecologically sound agricultural projects, which protects the community and local environment. We have trained our team in drilling, borehole data collection, installation of platforms, pumps, including hand-pumps, stand pipes, solar powered systems, complete irrigation systems for agricultural and horticultural projects. We have also trained our team in project management, IT skills, budgeting and management. It is upon this, that we wish to set up our own WFA, Training Academy to identify, train and manage new teams of drillers in all aspects of drilling, repair and maintenance and agricultural production. This will enable our existing team to pass on their skills to a younger team and provide additional resources to drill more boreholes in many more communities. It is envisaged, that the budget will also enable us to procure, additional borehole consumable supplies to drill additional boreholes, with hand-pumps and solar systems to pre-identified communities, schools, hospitals and community gardens. The project is aimed to demonstrate how water can be the foundation of growth and prosperity for the whole community, through agriculture. How water and irrigation can provide the opportunity to grow a range of agricultural produce, through the planting of trees and crops to be used in the local and international market.

Description of the project

WFA will implement a borehole drilling, ground water resources, agricultural academy, based upon the successful model set up in The Gambia between 2005 -2019. It will assist in the setting up of a new Water Academy, designed to train new teams of drillers to be competent in baseline assessment, drilling, ground water resources management, water pumping, installation of water systems, maintain and repair water systems, WASH training, irrigation and agriculture across the whole of The Gambia, in accordance with the successful, sustainable model developed by Water for Africa over the last 16 years.

WFA will sponsor and build a centrally based training school, and procure all recommended drilling supplies, support vehicles, consumables agricultural machinery, fencing, tools, seeds and crops.

WFA will provide training to a new drilling team, recruited by 'WFA' local management team, in the theory, operation and maintenance of the drilling rig, drilling of boreholes, installation of borehole screenings, installation of pumps and concrete casings and routine maintenance.

Once trained, the team will be responsible for drilling and installing boreholes across the Country in communities identified by the locally based team, in accordance with the model agreed in the objects of WFA. In addition, the teams will be trained in routine (daily, weekly, monthly and annual) maintenance.

Once the team's training has been completed, WFA (Gambia) will identify further communities, who will benefit from water resources, as part of a continued sustainability programme. WFA will continue to be responsible for the sustainability of the programme within The Gambia.

It is expected that full training in the operation of the drilling rig, drilling of boreholes, installation of borehole screenings, installation of pumps and concrete casings and routine maintenance will take up to 24 months.

The aim is also for the academy to offer local people a range of day courses, to include: Agriculture, Livestock/Husbandry, Solar installation, Building with sustainable materials, First Aid, or other courses identified by the local needs.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees and directors present the financial statements for the year ended 30 June 2021. The company is limited by guarantee. The governing document is the Memorandum and Articles of Association and there are no specific restrictions imposed by the governing document.

Trustees' and directors responsibilities

The trustees (who are also the directors of Water for Africa for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and the apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence reasonable steps for the prevention and detection of fraud and other irregularities.

Recruitment and appointment of new trustees

There have been no changes to the board of trustees during the period under review.

New appointments shall be by recommendation of the existing trustees.

Related parties

Water for Africa is currently utilising the services of 'Catching Light Limited', to provide Solar/Eco consultancy and products to support their Jali project and future projects. Directors hold positions across both organisations. No profit or recompense is expected from this business arrangement.

Risk management

1. Risk management model

1.1 (Water for Africa) recognises that risk management is essential to its governance and to sustainable operation of its services. Risk management in (Water for Africa) will be designed to ensure:-

- the identification, assessment and management of risk is linked to the achievement of the charity's objectives;

- all areas of risk are covered - for example, financial, governance, operational and reputational;

- a risk exposure profile can be created that reflects the trustees' views as to what levels of risk are acceptable; - the principal results of risk identification, evaluation and management are reviewed and considered; - risk management is ongoing and embedded in management and operational procedures.

1.2 (Water for Africa) will regularly review and assess the risks it faces in all areas of its work and plans for the management of those risks.

1.3 There are risks associated with all (Water for Africa)' activities - they can arise through things that are not done, as well as through ongoing and new initiatives. Risk exposure for (Water for Africa) will vary depending on circumstance. For example (Water for Africa) may be willing to expose itself to higher risks as the size of our reserves/size of our organization increases. Risk tolerance may also be a factor in what activities are undertaken to achieve objectives (Water for Africa) will therefore ensure that there is an appropriate balance taken between higher and lower risk activities.

These considerations will inform the trustees in their decision as to the levels of risk they are willing to accept.

1.4 Trustees need to let staff know the boundaries and limits set by their risk policies to make sure there is a clear understanding of the risks that can and cannot be accepted.

2. Identifying our Risks

2.1 As part of its business planning process, a risk register will be developed. This register is a 'living document' and forms the baseline for further risk identification. (Water for Africa) recognises that new risks will appear and other risks will become less or more severe or may disappear over the lifetime of the plan. Risk identification is therefore an ongoing process within (Water for Africa). When new risks are identified by a trustee or staff member, these will be referred to the board of trustees, who will in consultation with the CEO, will update the risk register accordingly. (Water for Africa) will also annually review the risks identified in the (Water for Africa)'s risk register at the trustee/staff away day.

2.2 In undertaking this, staff and trustees will consider:

- (Water for Africa)'s objectives, mission and strategic plan;

- the nature and scale of our activities;

- the outcomes that need to be achieved;

- external factors that might affect (Water for Africa) such as legislation and regulation;

- the (Water for Africa) reputation with its major funders and supporters;

- past mistakes and problems that (Water for Africa) has faced;

- the operating structure - for example if we established a trading arm;

- comparison with other charities working in the same area or of similar size; and

- examples of risk management prepared by other charities or other organisations.

2.3 In developing (Water for Africa) risk register, trustees and staff will identify/update risks in the following areas

- governance;

- operational risk

- finance risk;

- environmental and external risk;

- law and regulation compliance risk.

3. Assessing , Monitoring and Evaluating risk

3.1 Identified risks need to be put into perspective in terms of the potential severity of their impact and likelihood of their occurrence. Assessing and categorising risks helps in prioritising and filtering them, and in establishing whether any further action is required.

3.2 When a new risk arises, the CEO in consultation with the board of trustees, will then assess the risks identified by staff and trustees based on how likely they are to occur and how severe their impact.

3.3 They will identify those risks that are major and propose appropriate actions to mitigate these risks. This will update (Water for Africa)'s risk register and will be approved by the Chair and/or treasurer (if a financial risk).

3.4 Where a trustee subsequently has a concern about the risk register, s/he should initially seek agreement to amendment via email and if s/he is still not satisfied raise the issue at the next board meeting

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05480807 (England and Wales)

Registered Charity number

1113268

Registered office

24 Thomas Avenue

Stone

Staffordshire

ST15 8FG

Trustees

A Hussain Restauranter

T Wedgwood Commercial Director

Company Secretary

Mrs S C Greentree

Independent Examiner

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

Bankers

The Co-operative Bank Plc

PO Box 250

Delf House

Southway

Skelmersdale

WN8 6WT

Sheryl Greentree was the Chief Executive Officer on the date that this report was approved.

Approved by order of the board of trustees on 21 June 2022 and signed on its behalf by:

T Wedgwood - Trustee

Independent examiner's report to the trustees of Water for Africa ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement - matters of concern identified

I have completed my examination.

I have identified matters of concern in my report. The SOFA includes expenditure in the year of £165,551 in respect of salaries and other costs in Gambia. However, no records have been kept of the breakdown of these costs. The only record maintained is of the monthly transfer to the Gambia office and some PayPal payments.

I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:

1.	except for the matter of concern noted above accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; and

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Matthew Bailey

FCCA

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

21 June 2022

2021

2020

Total

Total

Unrestricted

Restricted

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

39,641

-

39,641

353,340

EXPENDITURE ON

Raising funds

1,117

-

1,117

759

Charitable activities

3

Travel and subsistence

991

-

991

9,509

Rent and rates

14,393

-

14,393

21,241

Telephone and broadband

1,225

-

1,225

616

Postage and stationery

302

-

302

59

Professional fees

3,022

-

3,022

6,033

Bank charges

-

-

-

29

Subscriptions

470

-

470

638

Computer and IT costs

2,217

-

2,217

3,626

Sundry expenses

675

-

675

586

Gambia office, clinic, drilling team

165,551

-

165,551

154,098

Insurance

-

-

-

72

Other

2,126

-

2,126

2,177

Total

192,089

-

192,089

199,443

NET INCOME/(EXPENDITURE)

(152,448

)

-

(152,448

)

153,897

RECONCILIATION OF FUNDS

Total funds brought forward

439,103

-

439,103

285,206

TOTAL FUNDS CARRIED FORWARD

286,655

-

286,655

439,103

2021

2020

Total

Total

Unrestricted

Restricted

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

8

125,228

-

125,228

125,875

CURRENT ASSETS

Debtors

9

18,113

-

18,113

13,689

Cash at bank

150,782

-

150,782

308,021

168,895

-

168,895

321,710

CREDITORS

Amounts falling due within one year

10

(4,876

)

-

(4,876

)

(5,842

)

NET CURRENT ASSETS

164,019

-

164,019

315,868

TOTAL ASSETS LESS CURRENT LIABILITIES

289,247

-

289,247

441,743

ACCRUALS AND DEFERRED INCOME

11

(2,592

)

-

(2,592

)

(2,640

)

NET ASSETS

286,655

-

286,655

439,103

FUNDS

12

Unrestricted funds

286,655

439,103

TOTAL FUNDS

286,655

439,103

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 21 June 2022 and were signed on its behalf by:

T Wedgwood - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Land and buildings are carried at their revalued amounts, being fair value at the date of valuation less subsequent depreciation and impairment losses. Revaluations are performed by professional qualified valuers with sufficient regularity to ensure that the carrying amounts do not differ materially from those that would be determined using fair values at the end of each reporting period. Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the net amount is restated to the revalued amount of the asset.

Any revaluation increase in the carrying amount of land and buildings is recognised in other comprehensive income and included in a revaluation reserve in equity, except to the extent that it reverses a revaluation decrease of the same asset previously recognised in statement of financial activities, in which case the increase is credited to profit and loss to the extent of the decrease previously expended.

Decreases that offset previous increases of the same asset are charged in the statement of financial activities and debited against revaluation reserve in equity; decreases exceeding the balance in revaluation reserve relating to an asset are recognised in the statement of financial activities. Each year the difference between depreciation based on the revalued carrying amount of the asset recognised in the statement of financial activities and depreciation based on the asset’s original cost is transferred from revaluation reserve to retained earnings.

Motor vehicles are carried at cost less accumulated depreciation and accumulated impairment losses.

Land is not depreciated. Depreciation on other assets is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Freehold buildings - 2% straight line

Motor vehicles - 25% reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Donated goods and services

Donations of goods and services are included in these accounts at an estimated fair value. They are shown in the accounts as income (donations) and expenditure (charitable activities).

2.	DONATIONS AND LEGACIES

2021

2020

£

£

Sundry donations

27,853

35,866

Gift aid reclaimed

788

582

Legacies

-

297,692

Donated services and goods

11,000

19,200

39,641

353,340

3.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 4)

Totals

£

£

£

Travel and subsistence

991

-

991

Rent and rates

14,393

-

14,393

Telephone and broadband

1,225

-

1,225

Postage and stationery

302

-

302

Professional fees

-

3,022

3,022

Subscriptions

470

-

470

Computer and IT costs

2,217

-

2,217

Sundry expenses

675

-

675

Gambia office, clinic, drilling team

165,551

-

165,551

185,824

3,022

188,846

4.	SUPPORT COSTS

Governance

costs

£

Professional fees

3,022

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2021

2020

£

£

Depreciation - owned assets

2,126

2,177

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2021 nor for the year ended 30 June 2020.

Trustees' expenses

The trustees received no reimbursed expenses during the year (2020 - £nil)

7.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2021

2020

No employees received emoluments in excess of £60,000.

8.	TANGIBLE FIXED ASSETS

Motor

Computer

Land

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2020

119,344

11,000

-

130,344

Additions

-

-

1,479

1,479

At 30 June 2021

119,344

11,000

1,479

131,823

DEPRECIATION

At 1 July 2020

-

4,469

-

4,469

Charge for year

-

1,633

493

2,126

At 30 June 2021

-

6,102

493

6,595

NET BOOK VALUE

At 30 June 2021

119,344

4,898

986

125,228

At 30 June 2020

119,344

6,531

-

125,875

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

18,113

13,689

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

VAT

4,876

4,234

Other creditors

-

1,608

4,876

5,842

11.	ACCRUALS AND DEFERRED INCOME

2021

2020

£

£

Accruals and deferred income

2,592

2,640

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1.7.20

in funds

30.6.21

£

£

£

Unrestricted funds

General fund

439,103

(152,448

)

286,655

TOTAL FUNDS

439,103

(152,448

)

286,655

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

39,641

(192,089

)

(152,448

)

TOTAL FUNDS

39,641

(192,089

)

(152,448

)

Comparatives for movement in funds

Net

movement

At

At 1.7.19

in funds

30.6.20

£

£

£

Unrestricted funds

General fund

285,206

153,897

439,103

TOTAL FUNDS

285,206

153,897

439,103

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

353,340

(199,443

)

153,897

TOTAL FUNDS

353,340

(199,443

)

153,897

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.7.19

in funds

30.6.21

£

£

£

Unrestricted funds

General fund

285,206

1,449

286,655

TOTAL FUNDS

285,206

1,449

286,655

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

392,981

(391,532

)

1,449

TOTAL FUNDS

392,981

(391,532

)

1,449

13.	RELATED PARTY DISCLOSURES

Mr T Wedgwood is also a director of Catching Light Limited, company number 10497406. The registered address of the company is 24 Thomas Avenue, Stone, England, ST15 8FG.

During the year the charity paid £6,000 to Catching Light Limited for the consultation and design of the new Eco village and Drilling Academy. The transaction was made on an arms length basis.

Catching Light also owes an interest free loan of £2,928 to the charity.

14.	ULTIMATE CONTROLLING PARTY

The Charity is under the control of the Trustees

15.	TRANSACTIONS WITH KEY PERSONNEL

During the year the charity paid the Chief Executive Officer £68,500 for fundraising services and administrative duties (2020: £61,500).

The Chief Executive Officer also owes the charity an interest free loan of £10,120.