ANNUAL ACTIVITIES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR 2009.

                                                    BY

                    "SHAKE  HANDS  YOUTH  ORGANIZATION (S.H.Y.O)"

            (NON-GOVERNMENTAL  ORGANIZATION, REG-No. 00NGO/0345)

                                     P.OBOX 24087, DAR ES SALAAM.

                                E-mail: shakehands2007@yahoo.com

   For  further  informations visit:- www.envaya.org//shakehands

HEAD  OFFICE;-TABATA  SHULE, DSM-ILALA   MUNICIPALITY

Contact Mobiles: +255 718 867 520 / +255 767 867 520

   TABLE OF CONTENTS 

 1. ABREVIATIONS

2. REPORT SUMMARY AND KEY MESSAGE

3. INTRODUCTION/OVERVIEW

4. STRUCTURE OF THE ORGANIZATION

5. VISION AND MISSION

6. CORE VALUES OF THE ORGANIZATION

7. PRINCIPAL ACTIVITIES  CONDUCTED

8. ACHIEVEMENTS

9. EMPLOYMENT  AND  EMPLOYEES

10. CONSTRAINTS FACED THE ORGANIZATION

11. COOPERATION BETWEEN THE GOVERNMENT  AND   N.G.O

12. FUTURE ACTION  PLANS

13.  RECOMMENDATION

14. CONCLUSIVE  REMARKS

15. FINANCIAL  STATEMENTS  REPORTS

 

1.0  ABREVIATIONS AND THEIR  MEANINGS.

N.G.O- Non-Governmental Organization

S.H.Y.O- Shake  Hands  Youth   Organization

TACAIDS-Tanzania Commission for  AIDS

E.D- Executive  Director

HIV-Human Immunodeficiency Virus

M.E.O-Mtaa Executive Officer

V.E.O-Village Executive  Officer

M.C-Mtaa Chairperson

V.C-Village  Chairperson

R.K.L.C-Rafiki  Knowledge  Learning  Centre.

DED-District Executive Director

DSEO-District Secondary  Education Officer

DPEO-District  Primary  Education  Officer

W.E.O-Ward Executive  Officer

W.E.C-Ward  Education  Coordinator

C.D.O-Community Development Officer

PLHA-People Living with HIV AND AIDS

TOMSHA-Tanzania Output Monitoring System for HIV AND AIDS

CHAC-Council HIV AND AIDS Coordinator

CSO-Civil Society Organization

CSW-Comercial Sexy Workers

OVC-Orphans and Vulnerable Children

MC-Management and Coordination of  HIV  Programs

TC-Training and Capacity  building for HIV AND AIDS

IMS-Impact Mitigation Services

HPS-HIV AND AIDS Prevention Services

VCT-Voluntary Counseling and Testing

E.S-Executive Secretary

L.H.R.C-Legal Human Right Centre

PPP-Public and Private Partinership

OGP-Open Government Partinership

 

The Executive  Director's  Statement.

2.0 Report  Summary and Key message.

Shake Hands Youth Organization as a Non-Governmental Organization, Non-Political and Non-religious has succeeded to expand and render its service activities in the year 2009 compared back to 2008 due to the community's demands by regardig to its resourceful capacity as far as its constitutional setup objectives and focus concern particularly to the following necessary sectors including education,Health especially HIV/AIDS,women,youth and Micro-financial credits.

Provided the economic challenges that the Organization has encountered,nevertheless the organization had struggled to survive and continued to  serve the community's demands according to its capacity with the heart of volunteerism which converted the marginalised poor families into the midle group of profit gaining by provision of necessary services through the organization's door in which seems to be a strong hand for service rendering and supportive to marginalised people.Through this system,more than 50% of the targeted marginalised groups obtained necessary services offered by this institution.

By this way,the service aspects given by the organization to marginalised groups were positively received by a good number of marginalised poor families and disadvantagious people as they attended in the organization's premises(office) for the demands of any among the services given to them by the organization as it was targeted by its action plans.

From that keypoint, our organization will continue to focus and struggle for creating more new scientific projects,circumstances and attractive ways for achieving and providing marginalised poor people the conducive services regardless their social stratas in the community and coordinating natural and human resources for the purpose of poverty alleviation particularly to youth,women(widows),orphans,Elderly as well as to People Living with HIV AND AIDS(PLHIV).

Issued by,

 

-----------------------------

Mwl. Murasi Abraham Joseph.

Executive Director.

3.0 INTRODUCTORY PART/OVERVIEW.

Shake Hands Youth Organization is a Non-Governmental Organization which has been established and registered under the Non-Governmental Organizations Act Section 12(2) of Act No.24 of 2002 issued with the registration No.00NGO/0345 in 9th  December,2007 under the Ministry of Community Development,Gender and Children in Tanzania.

On juncture of the above preamble,this report is including the financial statement report for the year ended 31st December,2009 which is submitted by the permission from the members of the Organization with regards to the General Assembly resolutions.Due to the Organization's registration,our organization has managed to access and approach the majority of Tanzanian Marginalised Poor families as far as Orphans concern.

Above all,the Organization has succeeded to render its activities and services to the community with regard to its Financial capacity by using its economic resources and income generated or earned by it through different projects driven by the organization.

The following are the sectors throughwhich the Organization  has succeeded to render its activities and services to the community.These sectors include, education, health,micro-financial credits,youth and women.

However,the organization is goingon to increase its efforts,struggle as well as the use of skills so that to continue expanding its capacity for rendering conducive services to the societies around as far as  running up different researches concerning of Youth,women,elderly and street children inorder to identify the problems and challenges that disturb their developmental trends in the community and comeout with scientific solutions for the purpose of poverty alleviation and combating out various diseases which disturb the  community.

Says,

 

--------------------------

Mrs.Julitha J.Shejamabu

For Executive Committee.

4.0 THE STRUCTURE OF THE ORGANIZATION.

The following are the main organs which make up the organization's body structure as shown below:-

1.Governing  Board (Founding Members)

2.General Assembly

3.Executive  Committee

4.Executive   Director's Office

5.Executive  Secretary

6.Executive  Treasurer/Financial Controller

7.Regional  Coordinators

8.Heads  of  Departments

 

 

5.0 VISION  AND  MISSION.

(a)VISION:

Our vision is to become and remain powerful  support and creative hand  for  provision  of conducive  services to Tanzanians especially  fighting for the rights of the Marginalised or disadvantageous groups in our societies.

(b)MISSION OF THE ORGANIZATION.

Our mission is  to create new scientific ways for achieving and providing conducive services and coordinating natural and human resources  for the purpose of poverty alleviation to youth and women in the main land Tanzania particularly to widows, orphans, vulnerable people and people living with HIV AND AIDS.

6.0(a)CORE VALUES OF THE ORGANIZATION.

Shake Hands Youth Organization is committed to the following  values:-

(i)FAIR:-We shall be transparent and honest, we will communicate clearly all that we do whilst adhering to confidentiality protocols.We will work hard to ensure that our services are non-discriminatory and apply principles of equality at the heart of our service rendering.

(ii)INTEGRITY:-The organization and its Staff will practice and advocate integrity in all its forms and in all of our activities.We will fight against corruption both internally and externally.

(iii)RESPECT:-We shall promote and Practice a culture where all who come into contact with us are treated with professionalism,courtesy and respect at all times.We will seek to empower all who are associated with the organization in all of our activities.

(iv)QUALITY:-We will promote elements by developing a practice and culture based on quality and excellence.We will seek consistently to attain and display high standards of reliability,efficiency and effectiveness.

(v)DIGNITY:-The organization will promote,maintain and respect peoples' dignity regardless their social,economic and physical circumstances as well as racial differences.

(vi)LEARNING:-We will create environments and mechanisms in which we value learning and sharing of lessons learnt with whom we serve.

(b)OUR MOTTO/SLOGAN.

The Organization's motto or Slogan is  based on:-Youth in collaboration for fighting against HIV/AIDS and burrying Poverty.

7.0.PRINCIPAL ACTIVITIES CONDUCTED BY THE ORGANIZATION IN 2009.

        The principal activities of Shake Hands Youth Organization which were conducted in 2009 are as sited in its constitution under Article 6.However during the year 2009, some of the following activities were executed as per constitutional setup through different sectors as portrayed below:-

(i)Education sector:-Through this sector,the organization has  succeeded to provide secondary education to more than two hundred (>200)marginalised children from poor and marginalised families per year which is the same as 50% out of 400 children that were targeted inorder to reach the institutional goal.The education and academic services were imparted to them through the Organization's  Academic Institute by the name "RAFIKI KNOWLEDGE SECONDARY AND LEARNING CENTRE"On the other hand,this academic institute  is  playing a greater role for nursing in vulnerable children morally or disciplinary and enable them to become good citizens in our country.

(ii)Secondary education is a fundamental tool for Orphans and vulnerable children:-Under this project,the organization has prospered to recruit six(6) orphans for access of secondary education to its Academic institute where as the project is a sustainable plan to be accomplished and recruiting six(6)orphans or vulnerable children after every five(5)years to go,these children are usually obtained from various local areas in Dar es salaam.All these children are basically given proper nursing and academic skills particularly secondary education which is a keypoint and a strong strategy for capacity building and self reliance  as well as minimizing a number of street children,ignorants,prostitutes or sexy commercial workers,robberers(gangstars) and bandits in our community.

(iii)Youth empowerment:-Youth were empowered in the basis of capacity bulding by providing to them different entrepreneurship training and seminars for various skills.through this system,more than seventy(70)youth from distinctive three Art troops were given an awareness training on how  art tallents  can be useful resources and one among the strong capitals for changing their life development and bring out positive impacts towards self reliance.Apart from these training,also these troops were enabled with financial resources together with  art facilities such as 12 drums(Ngoma)were bought by the organization and submitted to them inorder to boostup their art-activities or programs according to their demands concern.

(iv)Micro-financial credits project:-Under this project,the organization has succeeded to empower and render  Micro finacial credits services to more than one hundred(100) marginalised women including widows and Youth,the project was designed inorder to empower their micro-economic activities conducted by themselves.By this way, the marginalised women and youth became the most beneficiaries to this project of which enabled widows and marginalised women to send their children to school for quality education particularly primary and secondary schools as well as earn a living.

(v)Health services:-Through health department,the organization has also succeeded to design the project which is called "Chukia dawa za kulevya campaign" inwhich the campaign aims and based  at disseminating public health education to the society that concern with various health problems caused by drug abuse,HIV AND AIDS, sexual reproductive health and many others.Through this campain,the organization has prospered to reach out more than six thousand people(6,000)and disseminate 6,000 bronchures with the content based on health education that stand against the use of drugs and its negative effects to users.By so doing,the most beneficiaries of this project were, students from different primary schools and secondary schools in Ilala Municipality-Dar es salaam where the project was conducted.

(vi)Provision of humanitarian basic needs to special Needy and marginalised groups of people such as People Living with HIV AND AIDS,Orphans,Disabled as well as Elderly concern.From this Charity hand,more than 150 of People Living with HIV AND AIDS were supplied with 500kgs of  dona flour as nutrients food for body rehabilitation.This charity was given to one of the  groups of people living with HIV AND AIDS known as Dar es salaam  Samaritan Group which is found in Ilala Municipality through their leader"Mariam Magaffu and under the Government Representative witness who is also The Ward Executive Officer of Tabata"Madam Emelda Kafanabo.This charity hand is a sustainable project to needy peoples in the communities around.

(vii)Dissemination of the HIV AND AIDS preventive education and Sexual Reproductive Health(SRH) to the community people.This project is targeting  Students and Non-students on the streets,the HIV prevention program is insisting much on prevention more than cure,that's why people were given  methods for HIV AND AIDS preventive education and common ways used to spread HIV/AIDS.This project was designed from Health Department inorder to educate the community and provide awareness to people concerning of the HIV/AIDS.The project was conducted in 8 Wards of Ilala Municipality.Through this project, more than 4,000 people gained awareness  concerning of the ways used to spread HIV/AIDS and preventive methods education.However the programe was carriedout through seminars to students from different Primary Schools and Secondary schools located in 8 Wards including,Tabata,Segerea,Kinyerezi,Ukonga,Pugu,Kipawa,Kitunda and Chanika.

(viii)Fighting against Child labour by empowering Marginalised poor children (Orphans) and marginalised poor families in the basis of taking and enrolling those children to primary and Secondary schools for seeking education right as a fundamental right to children instead of been employed in risky jobs or works while they are young ones.However,Fighting against Child labour Campaign was a campaign which was designed by the organization to enable poor and risky families economically to find out a simple and affordable way of taking children to school instead of leaving them hanging and be connected to informal and risky jobs for their lives such as sexual commercial works and robbery works or bandits.With this project, the organization succeeded to convince more than 200 children from marginalised and poor families to join Secondary education to its Academic Institute by the name"RAFIKI KNOWLEDGE SECONDARY AND LEARNING CENTRE" per each year by a simple way of cost sharing program and affordable or cheaper system of paying tuition fees between the Organization and poor parents inwhich the project enabled many children from poor families to get access for secondary education rather than been connected in the streets with risky works which may endanger their life trends as important manpower in the country.

 

(ix)Psycho-Socio Counselling Programme to People Living with HIV AND AIDS (PLHA),drug users and Youth in general:-Through this programme,more than 50 youth particularly drug users together with  People Living with HIV/AIDS were given counselling on how to do away against the use of drugs and convince more others to get out from drug using bondage and connect them to regular activities in the community whereby the organization played a greater role to direct them into joining various youth groups which engage with art works and entrepreneurship activities and become essential manpower in the society.

 

8.0 ACHIEVEMENTS AND CONTRIBUTIONS OF THE ORGANIZATION TO THE 

                                             COMMUNITY.

The Organization's achievements  for the Year 2009 can be measured by just looking at what principal activities have been performed alongside its objectives.The following are the achievements of the organization as displayed below:-

(i)Health sector in the basis of HIV AND AIDS:-In the eyes of HIV AND AIDS with other related Sexual Transmitted Diseases,the organization did succeed to achieve some of its targets by disseminating the HIV AND AIDS preventive education to distinctive groups of people in the community which include youth,women and elderly.Through this programme of disseminating the HIV/AIDS preventive education,the organization had conducted different seminars concerning of HIV/AIDS preventive education to different groups of people in the community whereby it provided and distributed more than four thousand(4,000) bronchures to people which were packaged of the education concerning of ways used to spread or infect the HIV AND AIDS.This project was driven in Primary and Secondary schools to 8 wards of Ilala Municipality.These wards included, Segerea,Tabata,Kinyerezi,Kipawa,Ukonga,Kimanga and Chanika.

(ii)Provision of humanitarian  support to needy groups of people such as People Living with HIV AND AIDS,Orphans and elderly:-Through this charity hand, more than 150 people became beneficiaries of this project bywhich the organization prospered to offer 500kgs of donna nutrients flour to a certain group of People Living with HIV AND AIDS called Dar es salaam Samaritan Group with more than 150 members found in Ilala Municipal.

(iii)Education sector:-From this sector,the organization had succeeded to enroll more than 200 children from marginalised poor families for secondary education and enabled these children to acquire secondary education per each year.These marginalised children were enrolled to the Organizational Academic Institute called "RAFIKI KNOWLEDGE SECONDARY AND LEARNING CENTRE".However this Academic Institute is also playing a great part on caring,nursing and rehabilitating vulnerable children in the basis of morally or disciplinary inorder to shape their behaviours to be suitable and good for the community use.With the educational services,more than 200 vulnerable children were rescued from joining into risky jobs which would affect their life trends such as commercial sexy works,drud sellers and users together with robbery activities.

(iv)Secondary education is a fundamental tool for Orphans and vulnerable Children:-Under this project,the organization succeeded to achieve its targets by paying school fees to six(6) Orphans for access of secondary education to its  Academic school by the name "RAFIKI KNOWLEDGE SECONDARY AND LEARNING CENTRE".Through this sustainable project,the organization is recruiting five- six(5-6)orphan children after every five(5) years to pass for access of secondary education as a fundamental right.The project is aiming to build capacity to Orphans for lifelong self reliance.

(v)Minimization of child labourers and street children,the organization succeeded through its Academic School to minimize a number of child labourers by establishing  Academic Institute which does play a greater role to offer secondary education to many Marginalised and vulnerable children that have missed government schools opportunities to proceed with secondary education.By this way,more than 100 marginalised children are being enrolled each year to the Organization's Academic School which is called"RAFIKI KNOWLEDGE SECONDARY AND LEARNING CENTRE".The provision of education services to this academic institute is conducted  through cost sharing programme, whereby the marginalised parents like Widows,People living with HIV/AIDS and Elderly have been collaborating with the organization to pay school fees as  school running expenses in the name of contribution inorder to enable marginalised poor children to get access for secondary education. 

(vi)Micro-Financial Credits:-Through this project under finacial department, the organization has succeeded to provide micro-financial loans or credits to 100 people focusing much to women and youth as beneficiaries of the project.From this key point,Youth and women entrepreneurs  were given priority inorder to empower their micro-economic activities and supporting their economic endevours and bring out positive economic impacts to their life as expected by the organization.

(vii)Employment vacancies:-The organization as other developmental stakeholders in the country under its program and strategy of Unemployment  reduction system,it has suceeded to offer five temporary employment vacancies for 5 human resources each year and mainly these employees being Youth inwhich the organization is empowering them economically and fighting back against poverty to youth in our country.With this system,five(5)youth were employed to work with the organization in 2009/2010.

 

9.0 EMPLOYMENT AND EMPLOYEES STRATEGY:

The organization is playing its part on the contribution of five(5)employment vacancies per each year, this is to say,every year the organization provides employment to five(5) human resources to work with the organization in the community.However most of those employees  are Youth whereby under this employment strategy,the organization aims to empower them socially and economically as well.Moreover the Organization is also using volunteers to accomplish its activities once serving the community.

10.0. CONSTRAINTS AND CHALLENGES FACING THE ORGANIZATION.

Provided the prosperity which the organization encountered,nevertheless there were several constraints that are regarded as challenges to the organization.These constraints include;

(i)Lack of adequate financial resources,whereby the organization had no enough fund to impliment and excute its plans with activities at appropriate time as it was planned.However this was a great hindrence to the organization from not accomplishing effectivelly its action plans.

(ii)Lack of material resources,due to this factor,most of facilities such as computers,printers,photocopy machines and other office's applicable  devices made an obstacle to the organization to offer its services to the community in a smooth way as intended by the organization,this is due to the burden of the expenses  incured by the organization once seeking those services out of its office.

(iii)Lack of the public awareness and ignorance to some of the people in the community.

This point seems to be a hyme song, whereby most of the marginalised poor families are not aware of the services provided by the organization to their community.As the result of it,widows,youth,elderly,women and disabled who are mostly targeted by the organization did not engage with either one among the services provided in one way or another.this was another setback for the organization to achieve its targets.

(iv)Transport means.

Transport was another challenge to the organization,because  some of the service activities offered by the organization were in remote areas which demanded the organization to have self transport so that to excute its services to  the respective community,as a result these services were not provided  because of the problem of transport to these local areas.

(v)Poor cooperation from local government authority particularly the so called Mtaa or Village and Ward Local Authorities.Some local Authority Leaders do not give enough cooperation and positive response to what does the organization do for the community members around.Due to this factor,has led to  poor and weak excution of services to the targeted groups of people in the society,especially orphans,widows,elderly and more other vulnerable people as it was planed by the organization.

(vi)Lack of accurate required datas or informations and statistics.This is among the challenges it has been encountered, Most of the governmental or public institutions and offices lack accurate required informations,datas and exact statistics and sometimes they completely don't have them,eventually making it hard for organization to achieve its targets easily once demanded for use  by Non-Governmental Organizations according to their objectives set up.

 

11.0.THE COOPERATION BETWEEN THE GOVERNMENT AND THE ORGANIZATION.

Cooperation is the core partinership between the government and Non-Governmental Organizations inorder to boost up developement in the community.That's to say, without good cooperation it is hard for the government to achieve  community development as anticipated.

Due to this key point,the cooperation between the Government and our Organization was somehow encouraging though wasn't so much to the extent anticipated.Despite the fact that there was weakness responses to some of the Local Government servants,nevertheless some governmental officials portrayed positive link and response to our organization inwhich boreout positive results to the projects  excuted towards vulnerable people and needy groups of people in the community.

 

12.0. FUTURE ACTION PLANS

The following are the organization's future action plans as highlighted therein below:-

(i)To increase a number of orphans supported by the organization for secondary education access from the current  range of five(5) children up to ten(10) orphan children after every five years.

(ii)To buy land(plot) for the process of constructing the organization's permanent headquarterz' buildings and minimize the cost burden for the running expenses to the organization.

(iii)To increase Financial capacity  that can be used for micro-credits fund or micro-loans to poor marginalised women including widows and youth entrepreneurs so that they may use these loans to boost up their micro-businesses for economic self reliance.

(iv)To establish entrepreneurship skills Training Centre for empowering poor marginalised women(widows),Youth and orphans so that they can be able to fight against poverty and HIV/AIDS-infections.

(v)Establishment of HIV/AIDS  Psycho-socio Counselling Clinic and Provision of Sexual Reproductive Health Education.This clinic will be used as a centre for disseminating HIV/AIDS preventive education, S.T.I,V.C.T as well as provision of sexual  reproductive health education.

(vi)To increse a number of children from poor marginalised families for the access of education from the current range of 250 up to 400 per year by using a simple cost sharing system which is affordable to the Parents and the Organization in general.The system is sought to be a strong tool for fighting against child labourers and retaining back the hope to the poor marginalised families(Parents)

13.0.OUR RECOMMENDATIONS.

(i)The government has to be able  to increase and build up or extend good cooperation with Non-Governmental Organizations from Central Government to Mtaa Local Authorities inorder to improve service rendering to her peoples for achieving the Millenium Challenge Goals Strategy.

(ii)The government has to make conducive and good policies that can favour Local Non-Governmental Organizations so that they may have free and competitive environments once serving the community as important developmental  partiners of the government.

14.0.CONCLUSIVE REMARKS.

Above all,the Organization has depicted its endevours to serve the communities as sited according to its constitutional objectives whereby the following principal service activities and yearly action plans were excuted or rendered as shown to the previous section.The principal activities provided were as follows:-

        Provision of secondary education to children from poor marginalised families as well as giving six(6)orphans free access for acquiring secondary education from the Organizational  Academic Institute.

      Dissemination of HIV/AIDS Preventive knowledge(education),Sexual Reproductive Health particularly family planing knowledge,fighting against stigmatization to People Living with HIV/AIDS and drug abuse preventive education to the communities around.By this strategic ways,more than 50% of the targeted people per year obtained the required knowledge which was intended by the organization.

     Provision of  Micro-Financial Credits or small Loans to widows and youth was another activity with the aim to empower their micro-economic activities(business)for self reliance.

     With all these annually nactivities,the organization will continue to expand its services to the community inorder to alleviate poverty burden to the most risky and poor marginalised people to the societies as well as fighting against HIV/AIDS infections,drug abuse and ignorance in general due to its financial capacity as it's concerned so that  to achieve the organization's constitutional  objectives.

     However, the organization shall continue to embrace its motto for the betterment of the society as quoted there on:Youth in collaboration for fighting against HIV/AIDS and burying Poverty.

 

Prepared and written by;-                                                         Approved  by;-

                                                                                             The Executive Committee.

--------------------------

Mwl.Murasi Abraham Joseph

Executive Director

 

Copies for:-

(i)The National Board and Council of the N.G.Os  Tanzania.

(ii)District Executive Director(DED)

(iii)Ward Executive Director.

 

15.0 FINANCIAL STATEMENTS REPORTS

SHAKE HANDS YOUTH ORGANIZATION(N.G.O)

FINAL ACCOUNTS FOR THE YEAR ENDED 30TH DECEMBER 2009.

Written by                                                                                Approved by

 

---------------------                                                                      -------------------

Haji H.Makuka.                                                                     Murasi  Abraham  Joseph, 

Chief  Accountant.                                                                    Executive  Director.                                                                           

By order of the Executive Committee,                                              

Under General Assembly.

 

 

 

 

 

 

30th DECEMBER 2009.

Shake Hands Youth Organization

 

 

 

 

                      SHAKE  HANDS  YOUTH  ORGANIZATION

                   BALANCE SHEET AS AT 30TH DECEMBER 2009

ASSETS EMPLOYED                          NOTES                                AMOUNT(TSHS)

FIXED ASSETS

Furniture and fittings                       2                                             1,729,800.00

Equipment                                                                                    1,125,000.00

Sub total                                                                                       2,854,800.00

CURRENT ASSETS

Stocks and stores                                                                             0.00

Staff advance/Loans                                                                         0.00

Bank balance                                                                                 951,600.00

Cash balance                                                                                  634,400.00

Total                                                                                            1,586,000.00

 

CURRENT LIABILITIES

Creditors                                                                                            0.00

NET CURRENT ASSETS                                                                      1,586,000.00

TOTAL ASSETS                                                                                 4,440,800.00

REPRESENTED BY;

Accumulated fund                              3                                             3,600,000.00

Add:Accumulated surplus                                                                     590,380.00

Revaluation reserves                                                                            250,420.00

General reserves                                                                                  0.00

Accrued expenses                                                                                 0.00

TOTAL                                                                                               4,440,800.00

 

NOTE 1 TO 8 IS PART OF THESE ACCOUNTS

 

 

             SHAKE  HANDS  YOUTH  ORGANIZATION

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED  30TH DECEMBER  2009.

INCOME                                         NOTES                                         AMOUNT(TSHS)

Membership subscription fees                  3                                            1,180,000

Donation/Gift                                                                                        0.00

Grants                                                                                                 0.00

Income from socio-economic activities(Education Centre)                           15,052,000

Loan from Individual Institutions                                                              0.00

Other Income                                                                                        0.00

Sub total                                                                                             16,232,000

 

OPERATING EXPENSES                                                                         

Tuition fees for orphan children                   4                                          1,500,000.00

Stationaries                                                                                             251,470.00

Chalks                                                                                                     360,520.00

Salaries and Wages                                     5                                          5,400,000.00

Rent for buildings                                                                                    4,800,000.00

Elecricity bills                                                                                              77,330.00

Teaching Aids(Books)expenses                                                                    257,300.00

Food expenses for Needy people                  6                                                122,000.00

Administrative expenses                              7                                               535,000.00

Maintenances expenses                               8                                            1,850,000.00

Research and Staff Development                                                                   0.00

Total                                                                                                  15,153,620.00

 SURPLUS FOR THE YEAR BEFORE DEPRECIATION                                       1,078,380.00

Depreciation on building and equipment         2                                             488,000.00

SURPLUS FOR THE YEAR AFTER DEPRECIATION                                             590,380.00

 

NOTE 1 TO 8 IS PART OF THESE ACCOUNTS

 

 

NOTE 1:PRINCIPAL ACCOUNTING POLICIES

(a) Basis of Accounting

The Shake Hands Youth Organization prepares its accounts on historical cost basis of accounting,modified when necessary to include revaluation of fixed assets.The basis used to calculate the value of fixed assets was as follows:

• Furniture and Fittings are revalued under current replacement cost.
• Equipments are revalued under current replacement cost.