CERC received US$361,361 for the project in 2022 – two transfers to its account at TMB – and US$68,816 in January 2023: US$430,177 in all. With the US$751 in cash at the start of the project, brought forward from the Year Zero, the project had US$430,928, which it spent: US$273,341 in 2022 (audited) and US$157,587 in 2023 (audited by DWAC, CERC’s statement; the audit report is not yet published). The project accounts are kept in US dollars, on a cash basis.
2022–2023Funds received
| Funds received | US$ |
| Transfer of 17 March 2022 | 258,115 |
| Transfer of 21 October 2022 | 103,246 |
| Received in 2022 | 361,361 |
| Instalment of January 2023 | 68,816 |
| Received in 2023 | 68,816 |
| Total funds received, 2022–2023 | 430,177 |
| Year Zero balance brought forward (cash at the start of the project, 1 March 2022) | 751 |
| Total project resources, 2022–2023 | 430,928 |
2022Expenditure by heading (audited)
| Heading | US$ |
| Objective 1 – education officials, civil society and parliamentarians | 10,032 |
| Objective 2 – 2,250 students as agents of change | 124,956 |
| Objective 3 – 150 schools and Integrity Clubs | 24,282 |
| Objective 4 – student advocacy and campaigns | 1,689 |
| Direct costs | 92,849 |
| Administrative costs | 19,534 |
| Total expenditure 2022 (audited) | 273,341 |
Totals as in the audit report. At 31 December 2022, the theoretical cash balance was US$88,771, carried forward to 2023.
2023Expenditure by budget line
| Budget line | US$ |
| Category 1 – the four project objectives | 101,836.96 |
| – objective 1: high-level advocacy and policy engagement | 5,836.22 |
| – objective 2: Integrity Clubs and monitoring | 72,101.53 |
| – objective 3: training of teachers and principals, Education Clusters | 15,995.72 |
| – objective 4: student-led advocacy and campaigns | 7,903.49 |
| Category 2 – direct project support | 39,216.41 |
| Category 3 – administration, audit and bank charges | 16,533.63 |
| Total expenditure 2023 (audited by DWAC) | 157,587.00 |
2023 resources: the balance of US$88,771 carried forward from 2022 and the instalment of US$68,816 received in January 2023.
Year Zero, 2021Funds received and spent before the project
CERC received the Year Zero funds in mid-June 2021, about three months after the period began, and adjusted its work plan. US$7,540 was spent on collecting, analysing and presenting the evidence, from the stakeholder analysis and data collection to the theory of change, the GESI strategy and the reports.
| Direct project support | Received US$ | Spent US$ |
| Capacity building | 8,300.00 | 8,200.00 |
| Evidence collection, analysis and presentation | 7,575.00 | 7,540.00 |
| Development of tools and strategies | 1,800.00 | 1,800.00 |
| Proposal development | 5,715.00 | 5,420.00 |
| Bank charges | 596.00 | 349.86 |
| Total | 23,986.00 | 23,309.86 |
Year Zero finance report to Oxfam IBIS, June–December 2021 (not audited): a balance of US$676.14. The 2021 audit of CERC’s accounts records US$23,239.50 of expenditure – US$70.36 less, all in bank charges (US$279.50 instead of US$349.86) – and a balance of US$746.50 owed to GPE/Oxfam IBIS. CERC’s ledger took over US$746.41 and the bank account also held US$5.06 of CERC’s own funds kept for fees: the US$751 in cash at the start of the project in the 2022 audit, which works in whole dollars.
Audit 2022Independent auditor’s report
The 2022 statement of expenditure and income was audited by DWAC (Divine Wisdom for Assisting and Consulting), Kinshasa, in accordance with International Standards on Auditing; the report, signed by Mac NGUBI, Chartered Accountant, is dated 7 April 2023. The auditor expressed a qualified (“except for”) opinion, based on unforeseen expenses of US$5,158 incurred without Oxfam IBIS’s formal approval, an unjustified difference of US$2,517 on administrative staff costs, insufficient evidence for accommodation costs of US$3,800, and unjustified cash advances of US$7,120 at 31 December 2022.