2021
Annual Report
VOICE Network

General2Management Board's reportManagement Board's report

4

Financial statements
Balance sheet as at 31 December 2021
Statement of activities for the year 2021
Notes to the financial statements
Notes to the balance sheet
Notes to the statement of activities
Other information

11
13
14
18
20
25

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

1

General
Incorporation association
The association is an association with full legal capacity. The association has been established bynotarial deed dated 27 August 2015, by notary C.G. Zijerveld. The association is registered with the
Chamber of Commerce under number 64003833.
In the establishment year there is a shortened financial year. This runs from 27 August 2015 up to
and including 31 December 2015.
Tax Duty
The association is not liable for turnover and corporation tax in the financial year
Statutory regulations concerning the appropriation of the result
According to article 13, paragraph 2 of the articles of association, the annual statements are
determined by the general meeting. By taking a board decision in a board meeting such as recordedin article 12 paragraph 3 of the articles of association, the allocation of the result is determined.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Management
Board's report

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

3

Management Board's report
This annual report provides a justification of activities and expenditures over the calendar year 2021.

1.

The VOICE Network

We are a global network of NGOs and Trade Unions working on sustainability in cocoa, tackling issues suchas poverty, deforestation and child labour. Our key work is around advocacy and research, speaking truth
to power in the global cocoa and chocolate industry.
Our Mission is to be a watchdog and catalyst for a reformed cocoa sector, addressing blind spots andunderrepresented issues in the value chain.
Our Vision is a sustainable cocoa sector, in which all stakeholders can earn a living income, under decent
working conditions, where human rights – and especially child rights – are respected, within a thriving andhealthy environment.
Our Core Activities can be ordered into three categories:- Informing and coordinating civil society working on sustainable cocoa- Ground-breaking research on under-represented topics, and- Effective advocacy at global and regional level
Our Strategic Focus Areas are:- Living Income- Human Rights- Environmental Protection, and- Transparency & Accountability

2. Report of Activities
Informed Civil Society
Our first priority is to ensure that civil society – including, but not limited to, our members – are informed
about current events in the cocoa sector, are aware of each other’s activities, and through this canincrease their effectiveness, synergies and alignment. As such, our first Core Activity is to facilitate an
informed and coordinated civil society working on sustainable cocoa.
To this purpose, VOICE facilitates discussions, both within its membership as well as with a broader set ofactors. Our members receive monthly briefings on developments in the cocoa sector, and we host monthly
calls with our members. We regularly host workshops and meetings bringing farmer-based organisations
and civil society from the global north and south together. We also facilitate discussions on relevant topics
when and where needed. Strategic partnerships have been established with a variety of CSO coalitions
throughout Europe, the United States and West Africa.

Publications and Research
Our second Core Activity is to provide ground-breaking research on under-represented topics. Informationis one of the most effective tools for improvement. A public and informed debate on the most pressing
issues is essential.
VOICE - and its predecessor the TCC - have published the Cocoa Barometers since 2008. The purpose of
the Cocoa Barometer is to provide an up to date ‘State of the Sector’ overview, outlining current
VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

4

sustainability issues, future challenges, and identifying recommendations and calls to action. The
Barometer is an agenda setting publication which aims to be ahead of the major sustainability
conversations, indicating the next fields of improvement necessary. The Barometers are available for use
by various actors in the supply chain when discussing the challenges and next steps within a sustainablecocoa sector. Internally, the Barometer is a common reference with facts and figures for the members of
the Barometer Consortium, ensuring a consistency and continuity within Civil Society actors, and enabling
everyone to use the same data and the same recommendations.
In December of 2020, the Cocoa Barometer was released, so on paper 2021 is a year in between
Barometers. However, the year after publication is the prime year to push for the suggested
recommendations and to ensure that the sector actively picks up the analyses and ways forward describedin the Barometer. This is why, in 2021, most of our Advocacy and Bilateral Engagement (see next chapter)
was focused around the key themes identified by the 2020 Barometer. In the last quarter of 2021, work
was started for the preparation of the 2022 Cocoa Barometer, which is due for release in the final monthsof 2022.
All of the Cocoa Barometers, Consultation Papers, as well as supporting documents, can be downloadedat www.cocoabarometer.org
Advocacy and Bilateral Engagement
A core part of VOICE’s activity is to engage in advocacy: raising the voice and concerns of theunderprivileged and addressing blind spots and underrepresented issues in the value chain.
In 2021, VOICE played a key role in a variety of global cocoa sustainability discussions around all major
global cocoa platforms.
•

VOICE has played an active role in forming the “Cocoa Coalition", an increasingly influential
informal working group with standards and cocoa and chocolate companies, calling on theEuropean Union to develop and implement mandatory Human Rights and Environmental Due
Diligence regulations.

•

VOICE is actively engaging in bilateral engagement with governmental actors, including many DGs
within the European Commission, the European Parliament, the Department of Labor of theUnited States, and in increasing dialogue with government officials of cocoa producing nations.

•

VOICE acted as the key civil society representative in the global Cocoa Talks dialogue, hosted by
the European Commission, providing panellists and speakers for these high profile events, as well
as being part of the consultations to the Commission surrounding these talks.

•

VOICE acted as the key civil society representative in the International Cocoa Organisation’s
Consultative Board, advocating on strategic issues such as deforestation and living income.

•

VOICE was part of the Steering Committee of the Alliance for a Living Income in Cocoa, providing
leadership and helping to develop and drive the strategy of this sector-wide multi-stakeholder
collaboration to drive Living Income in the cocoa sector.

•

VOICE was a member of the Advisory Board for the Living Income Community of Practice,providing input and advice on general strategies of this cross-commodity multi-stakeholder
platform.

In addition, VOICE was in continuous bilateral dialogue with almost all the major global chocolate industry
players; umbrella organisations (such as the World Cocoa Foundation, the International Cocoa
Organisation and the International Cocoa Initiative), chocolate manufacturers (including the ‘Big Six’
Nestlé, Mars, Mondelez, Ferrero, Hershey and Lindt), traders and grinders (including the ‘Big Three’ Barry
Callebaut, Olam and Cargill), standards bodies (including providing input to the standards and trading
practices of Fairtrade and Rainforest Alliance), producing and consuming governments, the European
Commission and the European Parliament, etc.
VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Voice was prominently featured in the global press around key cocoa issues. In short, the VOICE Networkand our members continue to be driving forces behind the global cocoa dialogue around living income,child labour, deforestation, and human rights and environmental due diligence.
After more than ten years of activity in the cocoa sector, VOICE’s agenda and profile have never been as
strong as in 2021. However, despite all the work in the first ten years of the network, cocoa farmers arestill desperately poor, their children are still far too often in child labour, and old-growth rainforests arestill being cut down to grow cocoa instead. Structural change is as necessary as ever.

Covid 19 and the work of the VOICE Network
Clearly, 2021 was not a year of regular work. The travelling circus that is the cocoa sector had been brought
to a screeching halt the year before. Virtually all sector discussions switched to online conversations. Thishas benefitted the participation of stakeholders from the Global South, who previously have often notbeen able to be part of the conversation due to the thresholds of travel and funding restrictions.
Simultaneously, the reduced environmental costs of global travel to one conference after another has
been tremendous.
However, face to face conversations often provide a lot more opportunities to actually come to new
insights and new strategies. As a result, this purely on-line dialogue has also slowed momentum of several
important discussions in the sector
In this new phase, where it seems as if the world is slowly coming out of the pandemic, it will be essential
to retain some of the valuable new opportunities of meeting online, while returning to some form face toface interaction as well.

3.

Organisational Structure

Incorporation, tax duties, and statutory regulations concerning the appropriation of results
The VOICE Network is an association (Vereniging) with full legal capacity within Dutch law, operating ona global level. The association has been established by notarial deed dated 27 August 2015, by notary
C.G. Zijerveld, and is registered with the Dutch Chamber of Commerce under number 64003833. We areregistered with the Dutch tax authority as a tax-exempt charity (ANBI), and are not liable for turnoverand corporation tax. According to article 13, paragraph 2 of the articles of association, the annual
statements are determined by the general meeting. By taking a board decision in a board meeting suchas recorded in article 12 paragraph 3 of the articles of association, the allocation of the result isdetermined.
Members
Our highest body is our Members Assembly, which met twice (virtually) in 2021. Our membership in 2021
comprised of ABVV-FGTB/Horval (Belgium), Be Slavery Free (Australia/The Netherlands), Fern (Belgium),
Green America (United States), Global Labor Justice - International Labor Rights Forum (USA), Inkota
Netzwerk (Berlin, Germany), Mighty Earth (United States) Oxfam America (United States), Oxfam Belgium(Belgium), Oxfam Ghana (Ghana), Rikolto (Belgium), Solidaridad (Netherlands), and Südwind Institut(Germany). Action against Child Exploitation (ACE) (Japan), Tropenbos International (Netherlands), andWWF France joined as applicant members during 2021.
EFFAT (the European Federation of Food, Agriculture and Tourism trade unions), Public Eye (Switzerland),and Fair World Project (USA) are official Observers to the network.
Growth in 2021
During 2021, we saw our membership grow with Oxfam Ghana joining as a full legal member, and ACE
Japan, Tropenbos International, and WWF France joining the network as applicant members.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

6BoardAt the moment of publication of this Annual Report, the Board consists of:- Julia Christian (Fern) – chair- Bart van Besien (Oxfam Belgium) – secretary- Kris Goosenaerts – (not affiliated with a member organisation) treasurer
The Members of the Association elect a board. Board members are not paid for their board duties. During2021 board members Bart van Besien (Oxfam Belgium), Julia Christian (Fern) and Kris Goossenaerts
continued in their positions providing crucial support to the Network.
Staff
The staff are accountable to the Board. At the end of 2021, the staff counted two paid employees, Antonie
Fountain (Managing Director), contracted for 32 hours per week, Anneleen Vos (Coordinator), contracted
for 7.6 hours per week.

4. Annual Financial Statement
This chapter outlines the finances of the VOICE Network over the fiscal year 2021.

Sources of Income
The core funding of the Network is threefold: financial contributions by members, dedicated funding for
projects, and grants by third parties. The coordination work of the Network is provided through financial
contributions by its members. In addition, funding for specific projects, such as Cocoa Barometers andWorkshops, can be obtained through other organisations, such as independent foundations and funds. A
large part of our advocacy work in 2021 was covered by an unrestricted grant of €51,400 by the
Chocolonely Foundation.
Please note that many of our members contribute in-kind through human resources, legal and/or
technical expertise, media outreach and engagement, organisation of workshops etc. which are just as
crucial to advance our cause. An exercise to ‘monetise’ this is virtually impossible, but we would not be
where we are today without their support.
The VOICE Network does not accept funding or contributions from companies, whom it is our mission tocritically follow.
In 2021, expenditures were in line with the budget, with lower travel and meeting costs due to thecontinued COVID-19 related travel restrictions. The income for 2021 was also in line with the budget. This
resulted in a final result of € 18.171.

Risk management
There are three categories of risk that VOICE must manage; reputational risk, governance risk and financial
risk.
-

The VOICE Network is at the forefront of discussions in the cocoa sector. This brings the risk ofpublications that might be incorrect or incomplete. To this end we use several principles whenreleasing publications.
oAll data that our publications are based on are made publicly available where legallypossible.

oCaveats are always made when dealing with insufficient or incomplete data.

o

The Network is always willing to adjust positions based on better or more factual data.
VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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-

-

o

Publications are released with consensus of VOICE members, ensuring all members have
had the opportunity to provide input in any publication.

oPositions held by Voice staff must be in line with Voice publications.

For risk management on governance and operations, we have internal communication andtransparency.
oThe staff provides monthly updates on activities to the membersoThe board has full access to online financial systems.

oPayments above €1,000 are subject to board approval.

oReimbursements to staff must always be approved by second party – board or staff
member.

For financial risk management, the Network is working tooBuild a financial reserve sufficient to provide a buffer in times of less financial income,o

A more diverse set of income streams than just member contributions,oIncrease the member base to spread the risk of individual members’ contribution
reductions.

Accountability-

For full transparency, the VOICE bookkeeping is fully digitalised and accessible to its members at all
times

-

An internal audit committee consisting of members of the VOICE Network performs an annual audit
on the bookkeeping. The internal audit committee have approved the 2021 books.

-

The financial administration of the VOICE Network is performed by Van Tiggelen Financiële
Administratieve Dienstverlening, an accredited accountancy and administration firm based in
Leusden, the Netherlands.

-

A full audit was performed by Crop Registeraccountants, an accredited audit firm based in Ede, theNetherlands.

Forecast 2022 budget and activities
The Voice network is projecting 265k EUR for operational costs in 2022. This is significantly higher thanthe expenditures for 2021, as there will be a Cocoa Barometer published in 2022, as well as consultation
workshops to inform the Barometer organised in Ghana and Ivory Coast. In addition, VOICE will start tofunction as the Secretariat of a CSO alignment platform across the various national initiatives forsustainable cocoa (ISCOs), which translates in a new staff member being hired alongside costs for theactivities the staff member will undertake for the platform.
We are also projecting our income for 2022 to be higher than 2021, for the same reason that we haveraised additional funds to finance the projects that will be implemented during 2022, through higher
contributions from member organisations as well as external funders. To note, much of our core funding
has been secured through a 3-year unrestricted grant from the Chocolonely Foundation for €51,400 per
year, and a 5-year agreement with Solidaridad who confirmed to pay €20,000 membership contribution
per annum.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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We will continue our core activities during 2022 and follow the agreed 5-year strategy where we continue
to focus on living income, human rights, environmental protection and transparency & accountability inthe cocoa sector.

This report was published on May 20, 2022
Signed:________________
Chair: Julia Christian___________________
Treasurer: Kris Goossenaerts

Contact-

Antonie Fountain: antonie@voicenetwork.eu-

Anneleen Vos: anneleen@voicenetwork.eu-

Julia Christian, Chair of the Board: julia@fern.org

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

9Financial
statements

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

10Balance sheet as at 31 December 2021
(After proposal appropriation result)31.12.2021€€

31.12.2020€€

AssetsCurrent assets
Receivables
Debtors
Other receivables, prepayments andaccrued income

Cash and cash equivalents

1

1.000
1.920

0
332

0

2

3

2.920

332

87.56969.75690.48970.088VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

11

31.12.2021€€

31.12.2020€€

66.58948.418

Liabilities
Association capital

4

Current liabilities, accruals anddeferred income
Trade payables
Payables relating to taxes and social
security contributions
Other liabilities and accrued expenses

5

1.167
2.390

396
2.234

6
7

20.34319.04023.90021.67090.48970.088VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

12

Statement of activities for the year 2021

2021€

Budget
2021
€

2020
€

51.48355.23800106.72151.40050.86600102.266

51.54541.08541.615
1.106
86.381

3.787
18.477055.149020.081062.05045.82718.6823.018
30.57477.41382.13198.101

11.13711.70411.109Total expenses

88.55093.835109.2010

Balance of income and expenses

18.1718.431

26.141

IncomeIncome from donations
Income from contributions
Income from project benefits
Income from cost reimbursement

8

Expenses spend on the objective
Barometer
Coordination and network building
Consultation of southern partners
Advocacy

9
10
11
12

Total of sum of expenses spend on the objective
General expenses

13

Appropriation of result
General reserve18.17126.141VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

13

Notes to the financial statements
Entity information
General notes
The most important activities of the entity
The activities of Vereniging Voice Network consist mainly of promoting the sustainability in the global
cocoa sector.
The association tries to achieve this goal by:a. bringing stakeholders together to create a national infrastructure
to facilitate changes;
b. exchanging international knowledge and experience;c. joint lobbying activities towards companies and organizations;d. joint campaign activities to create awareness; ande. raising the voice of southern NGOs and cocoa producing organizations.
The association has no profit motive.
Mission Statement
The VOICE Network is a global network of NGOs and Trade Unions working on sustainability in cocoa,
tackling issues such as poverty, deforestation and child labour. Our key work is around advocacy andresearch, speaking truth to power in the global cocoa and chocolate industry.
Our Mission is to be a watchdog and catalyst for a reformed cocoa sector, addressing blind spots andunderrepresented issues in the value chain.
Our Vision is a sustainable cocoa sector, in which all stakeholders can earn a living income, under decent
working conditions, where human rights – and especially child rights – are respected, within a thriving andhealthy environment.

The location of the actual activities
The registered address of Vereniging Voice Network is Amsterdam and is registered at the traderegister under number 64003833.
The actual address of Vereniging Voice Network is Prins Bernhardlaan 39, 6713 MA in Ede.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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General accounting principles
The accounting standards used to prepare the financial statements
The financial statement is drawn up in accordance with the provisions of Title 9, Book 2 of the Dutch
Civil Code, Guideline 650 Fund-raising institutions as issued by and the firm pronouncements in the
Dutch Accounting Standards, as published by the Dutch Accounting Standards Board ('Raad voor de
Jaarverslaggeving').
Assets and liabilities are generally valued at historical cost, production cost or at fair value at the time ofacquisition. If no specific valuation principle has been stated, valuation is at historical cost.
Financial instruments
Financial instruments include both primary financial instruments, such as receivables anddebts, as financial derivatives.
For the accounting policies of primary financial instruments, reference is made to the treatment bybalance sheet item.
Comparative figures
The comparative figures published in this report are derived from the report as prepared on 7 May
2021.
The comparative figures for the previous financial year are, where necessary, only in terms ofclassification adjusted for comparison purposes.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
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15

Accounting principles
Receivables
Receivables are initially valued at the fair value of the consideration to be received. Receivables aresubsequently valued at the amortised cost price. If there is no premium or discount and there are notransaction costs, the amortised cost price equals the nominal value of the accounts receivable. If
payment of the receivable is postponed under an extended payment deadline, fair value is measured on
the basis of the discounted value of the expected revenues. Interest gains are recognised using theeffective interest method. Provisions for bad debts are deducted from the carrying amount of thereceivable.
Cash and cash equivalents
Cash at banks and in hand represent cash in hand, bank balances and deposits with terms of less thantwelve months. Overdrafts at banks are recognised as part of debts to lending institutions undercurrent liabilities. Cash at banks and in hand is valued at nominal value.
General reserve
The general reserve aims to correct any deficits in respect of the planned
be able to supplement activities if at any time the expenses exceed the benefits.
Current liabilities
On initial recognition current liabilities are recognised at fair value. After initial recognition current
liabilities are recognised at the amortised cost price, being the amount received taking into accountpremiums or discounts and minus transaction costs. This is usually the nominal value.
Accounting principles for determining the result
The result is determined as the difference between the total of the benefits and the total of theexpenses. The income is recognized in the year in which it is realized; charges as soon as they
are foreseeable. Income received in the form of business or services valued at fair value, insofar as
it can be determined. In that case, such income in the statement of income and expenses.
Income for which a special purpose has been designated will be shown in the statement of income andexpenditure processed; if these benefits were not fully spent in the year under review, the benefits are
not yet paid funds spent processed in the appropriated reserve or appropriated fund. A withdrawal
from the appropriated reserve or appropriated fund is considered as spending (expense) recognized in
the statement of income and expenses.
Provided subsidies and gifts
Benefits are understood to mean those promised from third parties and pledged for the year underreview grants, gifts and income from activities intended for financing activities and the own
organization.
Expenses
The expenses include the costs directly attributable to actions, as well as the implementation costs of
the own organization. The costs are allocated to the year on which they relate.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Financial income and expenses
Interest income and interest expense are recognized in proportion to time, taking into account theeffective ones interest rate of the relevant assets and liabilities. When processing the interest charges
taking into account the responsible transaction costs on the loans received.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Notes to the balance sheet
31-12-2021€

31-12-2020
€

1.000

0

31-12-2021€

31-12-2020
€

1.589
331

0
332

1.920

332

3 Cash and cash equivalents

31-12-2021€

31-12-2020€

Triodos Bank, current accountCreditcard
PayPal85.830906
833

67.9071.767
82

87.56969.756

1 Debtors
Debtors

2 Other receivables, prepayments and accrued income
Accruals
Amounts still to be received

The other receivables and accruels assets have a term of less than one year

The cash and cash equivalents are at the free disposal of the association.

4 Association capital
Movements in association capital were as follows:
Generalreserve€
Balance as at 1 January 2021
Appropriation of result 2021
Balance as at 31 December 2021

48.41818.17166.589Appropriation of the result 2021:
The Board proposes to add the net result after taxation for the year
ending 31 December 2021 to the General reserve.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Adoption of the annual accounts
The Annual General Meeting had adopted the 2020 financial statements on 7 May, 2021. The net result
after taxation for the year ending 31 December 2020 was € 26.141.

5 Trade payables

31-12-2021€

31-12-2020€

Accounts payable

1.167

396

31-12-2021€

31-12-2020
€

2.390

2.234

31-12-2021€

31-12-2020€

12.664
7.170
352
157

444
6.867
0
11.72920.34319.0406 Payables relating to taxes and social security contributions
Wage tax and social securities

7 Other liabilities and accrued expenses
Contribution received in advance
Audit and consultancy costs
Net SalaryAccrued liabilities

The other debts and accrued liabilities have a term of less than one year.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Notes to the statement of activities
2021€

Budget
2021
€

2019
€

51.48355.2380051.40050.8660051.54541.08541.615
1.106

106.721102.266

135.351

8 Income
Income from donations
Income from contributions
Income from project benefits
Income from cost reimbursement

Income from donations
The Chocolonely Foundation's donation for a total of 51.400€ comes from a foundation with anindependent board that is not accountable to a company, including its main funder Tony’s Chocolonely.
Moreover, the donation is completely unrestricted – there are no conditions for this funding in addition
to the obligation to publish an annual report and an annual audit – and it does not prevent the networkfrom critically monitoring the company’s actions.

2021€

Budget
2021
€

2020
€

56.96014.722
3.150

56.59114.7223.150

50.28813.991
3.150

74.83174.46367.429

Expenses of employee benefits
Wages and salaries
Social security charges and pensions cost
Other expenses of employee benefits

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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Remuneration of supervisory board
No loans, advances or guarantees have been granted to the directors, nor have they received any
remuneration for the work they perform.

Average number of employees
2021
Number
1,00

Average number of employees
2020

Number
0,80

Average number of employees

2021€

Budget
2021
€

2020
€

8.626
3.672
2.424

8.626
3.672
2.424

7.968
3.672
2.351

14.72214.72213.991

2021€

Budget
2021
€

2020
€

2.254
416
480

2.254
416
480

2.254
416
480

3.150

3.150

2.790

Social security charges and pensions costSocial security charges
Pension charges
Social security charges Belgium

Other expenses of employee benefits
Commuting expenses
Other allowances
Other allowances Belgium

All personnel cost are allocated to the projects.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

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2021
€

Budget
2021
€

2020
€

2.586
1.219
0
0
0
0
0

0
0
0
0
0
0
0

17.368
6.970
9.341
8.125
3.544
315
164

3.787

0

45.8272021€

Budget
2021
€

2020
€

18.223157
51
46
017.831
1.000
900
100
250

18.359
0
113
60
150

18.47720.08118.6822021€

Budget
2021
€

2020
€

0

0

3.018

157

1.000

3.018

9 Barometer
Salary costs
Design and publication costs
Website costs
Hiring staff
Translation costs
Meeting costs
Travel expenses

10 Coordination and network building
Salary costs
Website costs
Teambuilding
Meeting costs
Travel expenses for personnel

11 Consultation southern partners
Salary costs

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
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22

2021
€

Budget
2021
€

2020
€

54.003
1.100
46
0
0

56.631
1.250
400
1.819
1.950

26.683
1.824
67
0
0

55.14962.05030.5742021€

Budget
2021
€

2020
€

5.143
3.051
1.505
1.438

4.840
3.364
1.500
2.000

4.840
3.661
1.182
1.786

11.13711.70411.10912 Advocacy
Salary costs
Travel expenses for personnel
Meeting costs
Design and distribution reports
Translation costs

13 General expenses
Auditor's fees - audit of the financial statements
Accounting costs
Insurance premium
Other general expenses

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

23

Based on the aforementioned specifications, the following percentages may apply be calculated:
Spending rate of expenditure: Total expenditure on the objective / total expenses
Spending rate of benefits: Total expenditure on the objective / total benefits
Realised
2021%

Budget2021%

Realised
2020%

Spending rate of expenditure

87,42

87,53

89,83

Spending rate of benefits

72,54

80,31

72,48

Signing of the annual statement
Ede, 20 May 2022
Vereniging Voice Network
J.A. Christian

B.R.E.K. van Besien

K.J. Goossenaerts

Chairman

Secretary

Treasurer

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

24

Other information
Statutory regulations concerning the appropriation of the result
According to article 13, paragraph 2 of the articles of association, the annual statements are determinedby the general meeting. By taking a board decision in a board meeting such as recorded in article 12
paragraph 3 of the articles of association, the allocation of the result is determined.

VOICE Network || Prins Bernhardlaan 39 || 6713 MA Ede || The Netherlands
Chamber of Commerce: 64003833 || IBAN: NL16TRIO 0391 0590 33

25

chartered accountants
CROP registeraccountants
Address

Rubensstraat 215C
6717 VE Ede
The Netherlands

INDEPENDENT AUDITOR’S REPORT
To: the General Assembly of members of VOICE Network registered at Amsterdam
A. Report on the audit of the financial statements 2021 included in the annual report
Our opinion
We were engaged to audit the accompanying financial statements 2021 of VOICE Network,
based inAmsterdam.
In our opinion the accompanying financial statements give a true and fair view of the financial
position of VOICE Network as at December 31, 2021 and of its result for 2021 in accordancewith Part 9 of Book 2 of the Dutch Civil Code and Dutch Accounting Standard 650
Fundraising institutions.
The financial statements comprise:
1. the balance sheet as at December 31, 2021;
2. the statement of activities for the year 2021; and3. the notes to the financial statements comprising a summary of the accounting policies andother explanatory information.
Basis for our opinion
We conducted our audit in accordance with Dutch law, including the Dutch Standards on
Auditing. Our responsibilities under those standards are further described in the 'Our
responsibilities for the audit of the financial statements' section of our report.
We are independent of VOICE Network in accordance with the ‘Verordening inzake deonafhankelijkheid van accountants bij assurance-opdrachten’ (ViO, Code of Ethics forProfessional Accountants, a regulation with respect to independence) and other relevant
independence regulations in the Netherlands. Furthermore we have complied with the‘Verordening gedrags- en beroepsregels accountants’ (VGBA, Dutch Code of Ethics).
We believe the audit evidence we have obtained is sufficient and appropriate to provide abasis for our opinion.
B. Report on the other information included in the annual report
In addition to the financial statements and our auditor's report thereon, the annual reportcontains other information that consists of:- Management Board's report;- Other information as required by Part 9 of Book 2 of the Dutch Civil Code.
Based on the following procedures performed, we conclude that the other information:- is consistent with the financial statements and does not contain material misstatements;- contains the information as required by Part 9 of Book 2 of the Dutch Civil Code.

CC
VAT
IBAN

32166733
NL 0095.68.530.B01
NL34 ABNA 0548 3649 07

TE+31 (0)31 864 81 48
ede@crop.nl

Amersfoort

ArnhemEde

Hoofddorp

Nieuwegein

CROP.NLchartered accountants

We were engaged to read the other information and, based on our knowledge andunderstanding to be obtained through our audit of the financial statements or otherwise, toconsider whether the other information contains material misstatements.
By performing these procedures, we comply with the requirements of Part 9 of Book 2 of the
Dutch Civil Code and the Dutch Standard 720. The scope of the procedures performed issubstantially less than the scope of those performed in our audit of the financial statements.
Management is responsible for the preparation of the Management Board's report inaccordance with Part 9 of Book 2 of the Dutch Civil Code and other information as required
by Part 9 of Book 2 of the Dutch Civil Code.
C. Description of responsibilities regarding the financial statements
Responsibilities of management for the financial statements
Management is responsible for the preparation and fair presentation of the financial
statements inaccordance with Part 9 of Book 2 of the Dutch Civil Code and Dutch Accounting Standard
650 Fund-raising institutions. Furthermore, management is responsible for such internal
control as management determines is necessary to enable the preparation of the financial
statements that are free from material misstatement, whether due to fraud or error.
As part of the preparation of the financial statements, management is responsible forassessing theassociation's ability to continue as a going concern. Based on the financial reporting
framework mentioned, management should prepare the financial statements using the going
concern basis of accounting unless management either intends to liquidate the association or
to cease operations, or has no realistic alternative but to do so.
Management should disclose events and circumstances that may cast significant doubt on
the association's ability to continue as a going concern in the financial statements.
Our responsibilities for the audit of the financial statements
Our audit has been performed with a high, but not absolute, level of assurance, which means
we may not detect all material errors and fraud during our audit.
Misstatements can arise from fraud or error and are considered material if, individually or in
the aggregate, they could reasonably be expected to influence the economic decisions ofusers taken on the basis of these financial statements. The materiality affects the nature,timing and extent of our audit procedures and the evaluation of the effect of identified
misstatements on our opinion.
We have exercised professional judgement and have maintained professional skepticism
throughout the audit, in accordance with Dutch Standards on Auditing, ethical requirements
and independence requirements.

chartered accountants

Our audit included among others:
Identifying and assessing the risks of material misstatement of the financial
statements, whether due to fraud or error, designing and performing audit procedures
responsive to those risks, and obtaining audit evidence that is sufficient andappropriate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud
may involve collusion, forgery, intentional omissions, misrepresentations, or theoverride of internal control;- Obtaining an understanding of internal control relevant to the audit in order to design
audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the company's internal control;- Evaluating the appropriateness of accounting policies used and the reasonablenessof accounting estimates and related disclosures made by management;- Concluding on the appropriateness of management's use of the going concern basisof accounting, and based on the audit evidence obtained, whether a material
uncertainty exists related to events or conditions that may cast significant doubt on
the company's ability to continue as a going concern. If we conclude that a material
uncertainty exists, we are required to draw attention in our auditor's report to therelated disclosures in the financial statements or, if such disclosures are inadequate,
to modify our opinion. Our conclusions are based on the audit evidence obtained up
to the date of our auditor's report. However, future events or conditions may cause acompany to cease to continue as a going concern;- Evaluating the overall presentation, structure and content of the financial statements,
including the disclosures; and- Evaluating whether the financial statements represent the underlying transactions
and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, theplanned scope and timing of the audit and significant audit findings, including any significant
findings in internal control that we identify during our audit.

Ede, May 24, 2022

CROP registeraccountants

P. van Roemburg MSc. RA