Annual Report 2016

WhatsApp/Call: + 27 84 313 7407 Email: info@saypro.online

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Email: info@saypro.online
Call: + 27 11 071 1903
WhatsApp: + 27 84 313 7407

Mission Statement

SayPro

Riversands Incubation Offices

Office 58, 8 Riverside Extension 15

Midrand, Johannesburg, South Africa

Phone: + 27 (0) 11 071 1903

Email: info@saypro.online

Internet: www.southernafriacyouth.org

SayPro is a registered Non-Profit Organization 067-569 NPO a registered Non-Profit Company 2015/111519/08 a Section 18A Tax Exempt Institution

Enabling Girls and Youth to use technology for their advancement

FROM THE CEO

Enabling Girls and Youth to use technology for their advancement

SayPro has walked a long journey where we have seen ourselves changing how we do things. The reason for that is we are young, we want to move on with time.

In SayPro leadership, we have always been asked by the team the following questions

  1. What is the future of the organization in these tough economic times?
  2. How do we find ourselves in the next 10 years?
  3. Technology is transforming every day. How do we keep up with the pressure?
  4. We operate in communities which are risky in terms of crime and poverty. What if they break in and take away technology that we use?

We at SayPro have embarked on a strategy where we want to enable Girls and Youth to use technology for their advancement. The whole aim behind this is to ensure that girls are fully equipped with knowledge and skills to use the ever-changing technology.

We could not have done this without the support of the government departments, corporate businesses and individuals who have contributed time, money and resources. We would like to acknowledge the staff and volunteers of SayPro who have spent all the year meeting the youth who have gone into SayPro programs by sharing the skills, knowledge, the vision. We could have not done it without them.

We would also like to thank the board who have contributed with challenging the executive management to ensure that they stick to the vision, they innovate, and they are sustainable.

SayPro is very grateful to all of you and we are happy to present this report which will give you more information on how we have performed in this financial year.

Regards

Neftaly Malatjie

Founder and CEO

SayPro

Sustainability at SayPro HEARTS

We provide programming with a focus to transform communities

FROM THE GENERAL MANAGER

DYP Overall Stats –  2016/4/1 – 2017/3/31
  Female Male Total
1a. BEFORE
Beneficiaries before 1156 719 1875
1a. CHANGE
New 705 297 1002
Discharged/Left 106 40 146
1d. END
Beneficiaries end 1755 976 2731
1e. NUMBER OF BENEFICIARIES SERVICED
Beneficiaries serviced 1861 1016 2877
2. TOTAL NUMBER OF HOUSEHOLD MEMBERS
Household members (incl. non-clients) 1861 1016 2877
3a. PARTICIPANTS PER PROGRAMTYPE
SayPro Skills Development 1519 621 2140
SayPro Youth Development 653 493 1146
3b. PARTICIPANTS IN PROGRAMS
 Advice and Referral 394 176 570
 Awareness Campaigns 112 67 179
 Cashier 117 27 144
 Computer Training 258 87 345
 Customer Service 34 8 42
 Life Skills 370 180 550
 School Entrepreneurship (Sevissa) 152 50 202
 Waiter 82 26 108
Afternoon Care Program 54 61 115
Jobs & Opportunities 82 36 118
Programming 16 8 24
Youth who got jobs 501 388 889
4. CLIENTS PER VILLAGE / SUBURB
144 172 316
Daveyton 225 51 276
Diepsloot Ext 14 48 16 64
Cosmo City 4 1 5
Diepsloot Ext 01 189 104 293

 

Diepsloot Ext 02 98 95 193
Diepsloot Ext 03 31 16 47
Diepsloot Ext 04 173 73 246
Diepsloot Ext 05 218 110 328
Diepsloot Ext 06 266 138 404
Diepsloot Ext 07 136 77 213
Diepsloot Ext 08 32 11 43
Diepsloot Ext 09 48 21 69
Diepsloot Ext 10 146 72 218
Diepsloot Ext 11 50 20 70
Diepsloot Ext 12 37 22 59
Diepsloot Ext 13 14 13 27
Johannesburg 2 2 4
Kyalami 1 1
Midrand 1 1
5. CLIENTS PER DISTRICT
144 172 316
Ekurhuleni 273 67 340
Johannesburg 1444 777 2221
6. AGE GROUPS
Age 0 – 17 years old 138 51 189
Age 18 – 22 years old 401 202 603
Age 23 – 35 years old 1080 566 1646
over 35 years old 122 69 191
age unknown 1861 1016 2877
7. NATIONALITY
185 183 368
— unknown 5 4 9
Lesotho 1 1
Malawian 1 1
Mozambican 5 2 7
South African 1633 801 2434
Swazi 1 1
Zimbabwean 31 25 56
8. RACE
128 60 188
Asian 5 2 7
Black 1725 954 2679
Colored 3 3
9. SCHOOLS
Diepsloot Secondary 3 65 20 85
Itireleng Zenzele Comprehensive High School 45 5 50
Rabasotho Combined School 34 19 53
10. PROGRAM MEETINGS – NUMBER OF MEETINGS HELD
Number of meetings held 183
11. PROGRAM MEETINGS – PARTICIPANTS AT MEETINGS
Total participants 3306 1264 4570
21. STAFF BEFORE
Staff before 2016/4/1 46 30 76
22a. CHANGE
New 8 6 14
Left 5 7 12
23. END
Staff at 2017/3/31 49 29 78
24. NUMBER OF STAFF THIS PERIOD
Staff 54 36 90
25. STAFF PER DEPARTMENT/JOBTITLE
— Unknown – — Unknown 2 2
Administrator 3 1 4
Advice Desk Officer 2 2
Bookkeeper 2 2
Cleaner 1 1
Maintenance Officer 1 1
Marketing Manager 1 1
Media and Communication Officer 1 1
Products Reseller 1 1
Project Manager 2 2
Social worker 1 1
Youth Development Coordinator 1 1
Board Member 1 1
Computer Trainer 1 2 3
Student s/worker 3 2 5
Volunteer 39 20 59
Marketing and Fundraising 1 1
Media and Communication Officer 1 1
Marketing and Fundraising 1 1
26. TOTAL STAFF PER DEPARTMENT
Unknown 2 2
Administration 10 7 17
Board 1 1
Computer Training 43 24 67
Marketing 2 2
Support Staff 1 1

We are happy to present this financial report to give you a clue of how we have performed in the year 2017. SayPro has performed 50% lower than it did in 2016.

Please find the report below

Regards

Keamogetswe Toka

Finance

SayPro

 Country of incorporation and domicile              South Africa

Nature of business and principal activities                                       No restriction on business activities

 

Directors

 

N.V. Malatjie

K. Toka

M.N. Mdaka

Registered office

 

4212 Shark Street

Diepsloot

Extension 10 2189

Postal address

 

6863 Peach Road

Diepsloot

Extension 10 2189

Bankers

 

First National Bank
Compiler Quantum Auditors Incorporated

Chartered Accountants (S.A.)

Registered Auditors

Company registration number

 

2015/111519/08
Level of assurance

 

These annual financial statements have not been audited or independently reviewed.
Preparer

 

The annual financial statements were internally compiled by:

1.2.3. Consulting Proprietary Limited

represented by: B Szoke, Professional Accountant (SAIPA)

Issued 30 November 2017

Directors’ Responsibilities and Approval

The directors are required by the Companies Act No.71 of 2008, to maintain adequate accounting records and are responsible for the content and integrity of the annual financial statements and related financial information included in this report. It is their responsibility to ensure that the annual financial statements fairly present the of the company as at the end of the financial year and the results of its operations and cash flows for the period then ended, in conformity with the International Financial Reporting Standard for Small and Medium-sized Entities.

The annual financial statements are prepared in accordance with the International Financial Reporting Standard for Small and Medium-sized Entities and are based upon appropriate accounting policies consistently applied and supported by reasonable and prudent judgements and estimates.

The directors acknowledge that they are ultimately responsible for the system of internal financial control established by the company and place considerable importance on maintaining a strong control environment. To enable the directors to meet these responsibilities, the board sets standards for internal control aimed at reducing the risk of error or loss in a cost-effective manner. The standards include the proper delegation of responsibilities within a clearly defined framework, effective accounting procedures and adequate segregation of duties to ensure an acceptable level of risk. These controls are monitored throughout the company and all employees are required to maintain the highest ethical standards in ensuring the company’s business is conducted in a manner that in all reasonable circumstances is above reproach. The focus of risk management in the company is on identifying, assessing, managing and monitoring all known forms of risk across the company. While operating risk cannot be fully eliminated, the company endeavors to minimize it by ensuring that appropriate infrastructure, controls, systems and ethical behavior are applied and managed within predetermined procedures and constraints.

The directors are of the opinion, based on the information and explanations given by management, that the system of internal control provides reasonable assurance that the financial records may be relied on for the preparation of the annual financial statements. However, any system of internal financial control can provide only reasonable, and not absolute, assurance against material misstatement or loss.

The directors have reviewed the company’s cash flow forecast for the year to 31 March 2018 and, in the light of this review and the current financial position, they are satisfied that the company has or has access to adequate resources to continue in operational existence for the foreseeable future.

The annual financial statements set out on pages 5 to 13, which have been prepared on the going concern basis, were approved     by the board       Director

Practitioner’s Compilation Report

To SayPro NPC

We have compiled the Annual Financial Statements of SayPro NPC, as set out on pages 6 – 12, based on the information you have provided. These Annual Financial Statements comprise the statement of financial position of SayPro NPC as at 31 March 2017, the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

We performed this compilation engagement in accordance with International Standard on Related Services 4410 (Revised), Compilation

Engagements.                                                                           Inc.

We have applied SayPro expertise in accounting and financial reporting to assist you in the preparation and presentation of these Annual Financial Statements in accordance with the International Financial Reporting Standard for Small and Medium-sized Entities. We have complied with relevant ethical requirements, including principles of integrity, objectivity, professional competence and due care.

These Annual Financial Statements and the accuracy and completeness of the information used to compile them are your responsibility.

Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to SayPro to compile these Annual Financial Statements. Accordingly, we do not express an audit opinion or a review conclusion on whether these Annual Financial Statements are prepared in accordance with the International Financial Reporting Standard for Small and Medium-sized Entities.

uQuanntoumAAuddititorrs Innccoorrppooraatteed

 L.J. Wood

Director

Chartered Accountants (S.A.)

Registered Auditors

 30 November 2017

Fourways

The directors have pleasure in submitting their report on the annual financial statements of SayPro NPC for the year ended 31 March 2017.

  1. Incorporation

The company was incorporated on 30 March 2015 and obtained its certificate to commence business on the same day.

  1. Nature of business

 SayPro NPC was incorporated in South Africa and is a non-profit company involved in community upliftment.

There have been no material changes to the nature of the company’s business from the prior year.

  1. Review of financial results and activities

 The annual financial statements have been prepared in accordance with International Financial Reporting Standard for Small and Medium- sized Entities and the requirements of the Companies Act No.71 of 2008. The accounting policies have been applied consistently compared to the prior year.

Full details of the financial position, results of operations and cash flows of the company are set out in these annual financial statements.

Directors

 The directors in office at the date of this report are as follows:

Directors

N.V. Malatjie

  1. Toka

M.N. Mdaka

There have been no changes to the directorate for the period under review.

  1. Special resolutions

 No special resolutions, the nature of which might be significant to the shareholder in their appreciation of the of the company were made by the company during the period covered by this report.

  1. Events after the reporting period

 The directors are not aware of any material event which occurred after the reporting date and up to the date of this report.

Accounting Policies

  1. Presentation of annual financial statements

 The annual financial statements have been prepared in accordance with the International Financial Reporting Standard for Small and Medium-sized Entities, and the Companies Act No.71 of 2008. The annual financial statements have been prepared on the historical cost basis, except for biological assets at fair value less point of sale costs, and incorporate the principal accounting policies set out below. They are presented in South African Rands.

These accounting policies are consistent with the previous period.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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