NEWSLETTER 1

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1st Quarter 2008
 
Page 4
Current Work
 
Currently we are preparing for a new intake of children at the time of the new school year in July. The target is to have a total of 20 children at the refuge by the end of 2008. Every week we receive new applications to enter the Refuge, and the following month will be full up assessing each child's individual circumstances, visiting them as necessary, and deciding which are in most need. Other recent furniture donations have included a large number of unfinished and broken items from P.T Rumah Masa Depan ( Deco France ). We are currently in the process of setting up a small carpentry and furniture finishing operation with workers from the local disabled community, in cooperation with a local furniture manufacturer called Armada Orient. It is hoped that this will provide work training, experience and employment for local disabled people who might otherwise have difficulty finding work, as well as providing stock to be sold in the Charity Shop. Hopefully a continuous supply of unfinished and broken furniture can quickly be established so that this project can grow and provide a significant and long term service.

A charitable organization called “The Tree of Life Foundation” has been set up in UK with the object of supporting children in need in Indonesia . This organization will undertake fundraising events in UK and Yayasan Gunungan will be one of its main beneficiaries.

We continue to send out funding requests
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Financial Report

Presented below is the summary financial report for Yayasan Gunungan for the year ended 31 December 2007.
(Note, approximately: 1USD = IDR 9,000 , 1GBP = IDR 18,000)

Statement of Financial Activities
IDR
Incoming Resources :
 
Voluntary Income (see below)
166,996,941
Resources Expended :
Education
(14,746,170)
Food & Consumption
(20,820,421)
Household
(35,566,449)
Refuge Staff Salaries
(30,635,000)
Property Rent
(11,000,000)
Administration Staff Salaries
(15,600,000)
Administration Expenses
(11,434,670)
 
NET INCOMING RESOURCES
27,194,231
   

Voluntary Income
IDR
G0001
1,003,000
G0002
84,346,671
G0003
50,693,470
G0004
21,300,000
G0005
2,883,800
G0008
2,320,000
G0012
200,000
Balance Sheet : 31 Dec 2007
IDR
Fixed Assets :
Office Furniture & Equipment
3,792,000
Vehicles
21,466,667
Current Assets :
Cash at Bank & in Hand
5,845,759
TOTAL ASSETS :
31,104,426
Funds of the Charity :
Previous Year Funds
3,910,195
Current Year Funds
27,194,231
TOTAL FUNDS :
31,104,426
   

Voluntary Income (continued)
IDR
G0013
200,000
G0014
500,000
G0015
3,550,000
 
 
 
TOTAL VOLUNTARY INCOME
166,996,941
 
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