2021 WESSA Annual Review

FINANCIAL REVIEW

The comparison of year-on-year sources of income is illustrated below. Self-generated income decreased significantly because of the national lockdown which occurred during the financial year, this restricted operations. Donations were much higher than in previous years due to the generous donation received from the Mrs Van Wyk estate. Self-generated income decreased significantly due of the national lockdown which occurred during the financial year and which severely restricted operations. THE COMPARISON OF YEAR-ON-YEAR SOURCES OF INCOME

It was a challenging year for WESSA with the emergence of the Covid-19 pandemic, the nation-wide lockdown, and its effect on funding opportunities. Project sales for the 2020/21 financial year decreased by 59% in comparison to the previous financial year. This is the lowest number we’ve seen in the past 6 years. This steep decline in project sales is indicative of impact the COVID19

pandemic and lockdown had on business particularly project funding, it caused disruptions to operations, with school visits being cancelled and projects and training being postponed.

With the increased anxiety and uncertainty about the future, some funders decided not to enter new contracts. Although project proposals were submitted the response and success rate was much slower than anticipated.

PROJECT SALES

The above results are unaudited and do not include adjustments.

DEA NRM Training & Capacity Development R 6 324 000

Tourism Blue Flag Project 2 R 7 601 000

Glencore - Support 17 schools in Emalahleni R 446 000

WESSA’S 10 MOST SIGNIFICANT PROJECTS IMPLEMENTED DURING THE FY 2020/21

RMB R 491 000

De Beers - Support 10 schools in Blouberg Area R 550 100

Chris Hani District Municipality - Rural Sustainable Villages R 3 218 000

Sishen Project R 659 000

DEA NRM Groen Sebenza R 1 315 000

A comprehensive deficit of R2 570 539 was reported for the 2021/21 financial year. Salaries this year contributed to 50% of total costs which is an improvement compared to last year’s 66%. There has been no provision made for bonuses due to the operational results.

Tourism Green Coast Project R 2 170 100

Africa Germany Youth Initiative Phase 2 R 1 877 000

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Annual Review 2020-2021

Annual Review 2020-2021

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