This report on the accounts of the Trustees for the year ended 31st March 2005, which are set out on
pages 2 to 5, is in respect of an examination carried out under s.43 of the Charities Act 1993.
As Trustees you are responsible for the preparation of the accounts; you consider that the audit
requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply.
It is our responsibility to issue this report on those accounts in accordance with the terms of Regulation
7 of the Charities (Accounts and Reports) Regulations 1995.
Our examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act. That examination includes a review of the accounting records kept by the Trustees and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
In connection with our examination, no matter has come to our attention:
Monahans
Chartered Accountants
Bewley House
Marshfield Road
Chippenham
Wiltshire
SN15 1JW
13th April 2005
| Note | Unrestricted Funds | Restricted Funds | TOTAL FUNDS | 31st March 2004 |
|
| Notes | £ | £ | £ | £ | £ | £
|
| FIXED ASSETS | 370 | 419
|
| CURRENT ASSETS |
|
| Debtors and Payments in Advance | 6,167 | 6,009 |
|
| Cash at Bank |
| HSBC Bristol | 119 | 418 |
| CafCash Current Account | 1,505 | 2,400 |
| CafGold Deposit Account | 66,410 | 60,002 |
|
| 68,034 | 62,820 |
|
| NET CURRENT ASSETS | 74,201 | 68,829
| NET ASSETS | 74,571 | 69,248
|
| REPRESENTED BY: |
|
| TRUST FUND |
| Unrestricted | Restricted | TOTAL | TOTAL
| £ | £ | £ | £ | £ | £
|
| Balance Brought Forward | 57,248 | 12,000 | 69,248 | 71,166
|
| Net (Outgoing)/Incoming Resources | 15,323 | (10,000) | (5,323) | (7,065)
|
| Transfer of 2004 ball donation | 2,000 | (2,000) | -
|
| Balance Carried Forward | 74,571 | - | 74,571 | 69,248
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| 1. | UNITED KINGDOM COSTS
|
| The costs incurred in the United Kingdom to run the office and for fundraising activities are classified as Administration and Development Costs (A&D),
those relating to the Doctors on Rotation (Dor) project and those relating to all the other Kenyan projects (KP). The apportionment of the
costs is shown in the table below.
|
|
|
| 2. | DISBURSEMENTS TO PROJECTS
| Unrestricted | Restricted | Total
| Nairobi Hospice |
| General funds | - | 1,000 | 1,000
| Contribution to nurses' training cost | 1,300 | 500 | 1,800
| Doctors on Rotation | 748 | 4,400 | 5,148
| 2,048 | 5,900 | 7,948
|
| Nyeri Hospice |
| Contribution to cost of drugs | 3,583 | - | 3,583
| Contribution to nurses' training cost | 1,800 | - | 1,800
| Medical equipment | 483 | - | 483
| Vehicle | 2,500 | 7,500 | 10,000
| Doctors on Rotation | 412 | 3,500 | 3912
| 8,778 | 11,000 | 19,778
|
| Coast Hospice
| Contribution to running costs | 200 | 2,800 | 3,000
|
| Meru Hospice
| Contribution to running costs | 4,500 | - | 4,500
| Vehicle | 10,673 | 1,090 | 11,763
| 15,173 | 1,090 | 16,263
|
| Nyahururu (Satellite of Nyeri Hospice)
| Contribution to nurses' training cost | 1,300 | 500 | 1,800
|
| Kisumu Hospice
| Contribution to murses' training cost | 3,600 | - | 3,600
| Nurses travel costs | 341 | - | 341
|
| Total Disbursed to Kenya | 31,099 | 21,290 | 52,389
|
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|
| 3. | ACCOUNTING POLICIES
|
|
4. | FIXED ASSETS
| Brought | Forward Purchased this | Year Depreciation | Net Book | Value at 31st March 2005 £ | £ | £ | £
| Computer | 419 | - | 209 | 210
| Colour Printer | - | 235 | 75 | 160
| 419 | 235 | 284 | 370
| 5. | TRUST FUND
| The Restricted Fund balance of £12,000 represents a donation of £10,000 to be used for training in Kenya - utilised in the year - and £2,000 received as sponsorship for the Malaika Ball planned for 2005 - transferred to Unrestricted Funds. (see note 6)
| 6. | FUND RAISING EVENTS
| Included in the Total Income is £17,712 relating to the Malaika Ball held on 19th March 2005. Additionally a £2,000 sponsorship donation for the ball received in the previous year, and held in Restricted Funds, was transferred to Unrestricted Funds. Total income in respectof the ball received by 31st March 2005 was £19,712.
| Included in Fund Raising Costs of £7,724 was £6,205 relating to the Malaika Ball. Together with £176 spent in the previous year the total cost of the ball was £6,381
| The analysis of Ball income and expenditure is as follows
| Ticket Sales - included in "Donations - nonGift Aid | 7,560
| Donations, raffle proceeds and sponsorship - included in "Donations-non Gift Aid" | 7,319
| Donations - included in "Donations - Gift Aid | 2,210
| Tax refundable on Gift Aid donations - included in "Tax Refund" | 623
| Sponsorship donation from previous year | 2,000
| Total Income | 19,712
| Expenses - included in "Fundraising costs" | 6,205
| Expenses incurred in previous year | 176
| Total Expenses | 6,381
| Net surplus on Ball at 31st March 2005 | £13,331
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