2012/2013
Vision A pace setter in the provision of farm
management training as trade and the creation of smallholder farmer support and development model
Mission Ncera (Pty)Ltd is a training and development
academy that focuses on innovation and inclusive farm management within the context of commodity based agriculture
3200ha 2200ha=10 Farmers
leasing.18000people,80% unemployment. 1000 ha,Centre,Tunnels,Workshop. Beef,Mechanization,Vegetables 30-40km to East London -+700mm per annum Deep Soils Vegetation Encroachment
8 Staff members, CEO, CFO, Extension Officer, Tractor Mechanic, Farm Manager, Accounts Officer, and Personal Assistant, Receptionist
26 workers, Workshop, Lands,Tunnells, Beef Animals.
Governance systems and procedures
Target Achieved/not achieved
Comments
Appointment of the board
Not achieved No funding
4 Board meetings planned
Not achieved No funding
Appointment of Audit Committee
Not Achieved No funding
4 Audit Committee meetings planned
Not Achieved No Funding
MechanisationTarget Achieved/Not
AchievedComments
Repairing 8 tractors, vehicles and truck
7 tractors repaired, 4 bakkies repairedPloughs were repaired, 1 truck was repaired
Repairs are done when needed
Vegetable production
Target Achieved / Not Achieved
Comments
Planted various vegetables like Butternuts,spinach,cabbages etc,in a small scale for local market
Achieved Tomatoes and Green Peppers on Tunnels, others on open small plots.Some vegetables were sold to the market and some to the locals
Livestock
Target Achieved/ not achieved
Comments
215 goats purchased
Achieved 69 ewes in lactation,70 kids,35 pregnant,37 young ewes, 3 Boer rams, 1 Savana ram
49 Nguni cattle purchased
Achieved 39 pregnant heifers, 4 cows, 4 calves,2Bulls, 1 young 1 mature bull
49 kids were born from 34 pregnant Ewes=144% kidding rate
Built a new shed,corrugated iron ,netting wire and purlins purchased,rest of material,harvested.
Dipping tank for footrot was constructed.
18 calves were born ,11 females and 7 males
No mortality Good adaptability Great weight gain Good condition Well managed livestock,
vaccination,dipping and dosing program in place
Goats- 14% mortality=30 goats Causes: Sept/Oct received 426mm of rain 31% heart water,51% internal
parasites,especially conical fluke agravated by unsual rainfall,which was treated by Conifluke+tape
18% ORF’s disease, Pneumonia, accidental, suspect plant poisoning
93 Nguni Cattle 2 Bulls, 38 Calves,53 Cows 314 GOATS 4 Rams, 151 Ewes, 34 Kaparters,125
Kids(68 males, 57 females)
The entity maintained the record of the unqualified audit report
There was no irregular, unauthorised and fruitless and wasteful expenditure incurred by the entity in 2012/13 financial year
Most of the budget allocation is for compensation of employees, other administrative expenses and little for programmes
Due to the lack of funding the entity is not in compliance with the corporate governance as there is
- No Board of directors- No audit committee and - Internal auditors
.
YEAR BUDGET ALLOCATION
ACTUAL EXPENDITURE
VARIANCES
2011/12 Allocation R4 291 000 R4 291 000 R19 104
2012/13 Allocation R4 989 000 R4 859 889 R129, 111
STATEMENT OF FINANCIAL POSITION
There were no major movements except for the following:-Inventory(Cattle and Goats)- Inventory with an amount of R896 100 was acquired during the year-Cash & cash equivalent – Auction of the dairy cattle took place just before the end of the financial year in 2011/12. Therefore amount received was included in the cash & cash equivalent
Description 2012/13 2011/12 Variance
Inventory R896 100(CA R535 664)
R79 462 R816 638
Cash & cash equivalents
R959 818 R1 690 305
R730 487
STATEMENT OF FINANCIAL PERFORMANCE
There are no major movements between 2012 and 2013 on the Revenue(budget allocation), hence there are no major movements on the expenditure(except for the explanation below). Movements on the administrative expenses were as the results of the inflation related increases on salaries and other overhead, other non cash items(such as Inventory written down(cattle and goat), loss of sale of assets(old assets), depreciation) and salary of the CFO account for the full year, as compared to the previous year
Description 2012/13 2011/12 Variance
Other income
R4 989 000
R 4 291 000
R698 000
Administrative expenses
R5 320 977
R3 796 522
R 1 524 455