SAEP Annual Report 2021

Finance

Statement of financial position At 31 Dece b r 2020

Assets

2020

2019

Non-Current Assets

R 205 618 R 205 618 R 3 214 329 R 292 257 R 29 889 R 2 892 183

R 2 307 762 R 124 564 R 30 720 R 2 463 046 R 306 821 R 306 821

Property and Equipment

Current Assets

Equity and Liabilities Total Assets Receivables Deposits and Prepayments Cash and Cash Equivalents

R 2 769 867

R 3 419 947

2020

2019

Capital and reserves

R 2 685 017 R 725 459 R 3 410 476

R 2 612 944 R 107 297 R 2 720 241

Other Specific Programme Reserves Accumulated Funds

Current liabilities

R 9 471 R 9 471

R 49 626 R 49 626

Accounts Payable

R 2 769 867

Total Equity and Liabilities

R 3 419 947

Statement of profit or loss For the year ended 31 December 2020

2020

2019

Income

R 3 932 701 R 2 750 229 R 678 546 R 615 000 - R 305 178 -R 950 983 R 690 235 -R 72 073 R 618 162 R 4 945 151 R 91 838 R 80 R 1 881 501 R 2 435 R 166 637 R 933 264 R 8 020 906 2020

R 7 057 313 R 5 708 527 R 81 827 R 206 780 R 1 025 383 R 34 796

Donations Received Interest Received Fundraising Events and Other Government Grants Income Generation / Consulting Services TERS ( UIF) Thuso (Food Relief)

- -

2019

Expenditure

R 7 330 671 R 6 127 382

Programme Services Support Costs Thuso ( Food Relief) Fundraising Income Generation/Consulting Services Monitoring and Evaluation Less: Management Fees and Charges Net surplus before special items Transfer to reserves Net surplus / ( deficit) for the year Accumulated funds at beginning of the year Accumulated funds at end of the year

R 4 012 584 R 2 052 768 R 650 880 R 32 481 R 339 154 -R 960 485 R 929 931 -R1 796 883 -R 866 952

R 974 249 R 107 297

R 107 297 R 725 459

SAEP Annual Report 2020 17