UNICEF UK Trustees Report and Financial Statements 2010

The United Kingdom Committee for UNICEF
Notes to the financial statements
For the year ended 31 December 2010
18. Movements in funds
At the start of Total Total At the end
the year income expenditure of the year
£'000 £'000 £'000 £'000
Unrestricted funds:
General funds 2,000 16,001 (16,001) 2,000
Designated funds:
Youth participation project - 12 - 12
Baby Friendly Research fund 180 70 - 250
Emergency fund 500 - - 500
Total designated funds 680 82 - 762
Total unrestricted funds
2,680 16,083 (16,001) 2,762
Restricted funds:
Supplementary programmes* - 64,572 (64,572) -
Advocacy programmes 46 209 (225) 30
UNICEF fundraising development - 448 (448) -
Total restricted funds 46 65,229 (65,245) 30
Total funds 2,726 81,312 (81,246) 2,792
* Includes £271,020 (2009 - £226,333) income and expenditure from the Big Lottery Fund.
Purposes of funds
The general unrestricted fund of £2,000,000 is to finance the purchase of fixed assets and
working capital for current needs.
The designated Baby Friendly Research Fund is held to cover future costs relating to
commissioned research and for the creation and development of a new information management
system.
The designated Emergency fund of £500,000 is held to enable rapid transfers to be made to
UNICEF HQ for immediate needs before appeals are made to donors and funds received in
response to those emergency appeals.
Restricted funds are used for specific purposes as laid down by the donor. The £30,000
remaining at the end of December 2010 is a restricted fund specifically for an Interagency Group
on Breastfeeding Monitoring (IGBM) project.
UNICEF fundraising development programme funds are provided by UNICEF headquarters for
market development, research and development and fundraising development programmes. The
balance at the end of the year is included under 'Amounts due to UNICEF' in the balance sheet.
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