CERC received CDF 93,925,930 from Integrity Action for year 1, CDF 73,202,400 for year 2 and US$31,320.20 for phase 3. The accounts of the first two years were kept in Congolese francs; they are converted into US dollars at the Banque Centrale du Congo’s average rate for the year in which most of each period falls (CDF 1,622.52 per dollar in 2018, CDF 1,647.76 in 2019), as on our financial accountability page. CERC made no contribution of its own.
| Period | Received | Received US$ | Spent US$ |
|---|
| Year 1 · Oct 2017 – Sep 2018 | CDF 93,925,930 | 57,888.92 | 56,272.27 |
| Year 2 · Oct 2018 – Sep 2019 | CDF 73,202,400 | 44,425.40 | 44,786.65 |
| Phase 3 · Oct 2019 – Dec 2020 | US$31,320.20 | 30,306.30 | 27,798.84 |
| Total 2017–2020 | | 132,620.62 | 128,857.76 |
Phase 3: US$31,320.20 received according to the 2020 audit, of which US$1,013.90 (at the audit’s rate of CDF 2,000 per dollar) is the year 2 balance already counted. Balance at the end of 2020: US$3,521.36, owed to Integrity Action; with the US$241.50 exchange difference, it accounts for the gap between funds received and spent (in francs, the balances chain exactly). The funds of October–December 2019 fall between two audits.
Year 1CDF 91,302,880 spent, 89.1% of the budget
91.65% of the CDF 102,481,500 budget was received. Spending went to staff (CDF 32,520,000), programme activities – trainings, clubs and monitoring, awareness raising and advocacy (CDF 39,991,100) –, rent, running costs and equipment (CDF 6,196,080), professional fees (CDF 3,138,200) and overheads (CDF 9,457,500). The workshop planned in Kinshasa with civil society organisations was held in Bukavu, the December 2017 campaign did not take place and the clubs were supported for only eight months out of twelve. Balance at 30 September 2018: CDF 2,623,050.
Year 2CDF 73,797,647 spent, 97.9% of the budget
With the year 1 balance, the project had CDF 75,825,450. The clubs’ recognition ceremony was postponed to December 2019, as students could not be mobilised during the long holidays. Balance at 30 September 2019: CDF 2,027,803.
Phase 3US$27,798.84 spent in 2020
In 2020, CERC spent US$27,798.84: salaries (15,605.58), work with schools (4,799.45), training (1,203.05), clubs and monitoring (826.60), advocacy (953.44), professional fees (45.15), communication, printing and supplies (2,227.52) and overheads (2,138.05). At 31 December 2020, the audit records the balance of US$3,521.36 as a debt to Integrity Action.
AuditsUnqualified opinions
The accounts were audited by Group BEAG (Uvira), with reports signed by Armand Aluma, chartered accountant, for year 1 (29 October 2018), year 2 (14 October 2019) and the 2020 accounts: each time an unqualified opinion. The auditors recommended surprise cash counts, a better inventory, compliance with purchasing procedures and payment of taxes and social contributions on salaries; CERC began paying them during year 2, and some recommendations were still to be implemented in 2019.