Our Finance and Administration department, located at our Headquarters, enforces budgetary control, practices good grant financial management and reporting. It offers financial and logistical support to facilitate all field work in a timely, effective and efficient manner.
Statutory audits for the past seven years have all been unqualified. The organisation has had Recipient Contracted Audits for in 2016, 2018 and 2019 which were all unqualified.
Our story in numbers
| 2012 | 2017 -2019 |
| CeSHHAR registered as a Private Voluntary Organisation | Fluctuations in revenue amounts with growth and dips over the two years. |
| Budget at inception $900,000 | Average budget $5,500,000 |
| 2012 -2017 | 2020 |
| Significant revenue growth with double growth in some years. | CeSHHAR has made a mark in research and programme implementation, is a centre of reference and influencing policy. |
|
Budget grows from $900,000 to $5,700000 |
Total funds invested in the health sector to date $30,290,200 |
Statement of financial position
| ASSETS | 2019 | 2018 |
| Non-Current Assets | 39,100 | 8,700 |
| Current Assets | ||
| Fuel stock | 1,100 | 4,300 |
| Trade receivables | 34,600 | 92,800 |
| Receivable from donor | 521,400 | 324,700 |
| Cash & Cash equivalents | 427,300 | 408,000 |
| Total Current Assets | 984,400 | 829,800 |
| TOTAL ASSETS | 1, 023,500 | 838,500 |
| Equity & Liabilities | ||
| Accumulated Surplus | 55,400 | 110,800 |
| Deferred Income | 835,000 | 719,800 |
| Liabilities | ||
| Current liabilities | 133,100 | 7,900 |
| TOTAL EQUITY & LIABILITIES | 1,023,500 | 838,500 |
CeSHHAR has seen a steady growth in its net asset position through purchase of vehicles to support operations and donor contributions to fund programme operations.