Auditors' Report and Fund Accountability Statement

Government of The Gambia
Department of State for Education
Project Co-ordinating Unit (PCU)

Third Education Sector Project

Auditors' Report and
Fund Accountability Statement

For the year ended 31 December 2003

SCANNED FILE COPY

Arccession No. Box No.

F PN |DATE |Lo9g#

Action CC

FILE (Co/alpha/Pname or #) Ln/Cr GR/TF ESW Co/Rg Am Proc

Government of The Gambia

Project Co-ordinating Unit
ThirdEducation Sector Project

Auditors'Report on the FundAccountabilityStatement
Statement ofExpenditures and SpecialAccount
Forthe year ended3J1SDecember 2003

Contents Page

1 General Information 2
1.1 Background 2
1.2 Audit scope and objectives 5
1.3 Summary of audit results 8

2 Fund Accountability Statement 9
2.1 Auditors' Report on the Fund Accountability Statement 9
2.2 Fund Accountability Statement 10
2.3 Notes to the Fund Accountability Statement 11

3 Statement of Expenditures 13
3.1 Auditors' Report on the Statement of Expenditures 13

4 Special Account 14
4.1 Auditor's Report on the Special Account 14

5 Appendices 15

Appendix A - Special Account Statement 16

Appendix B - Government Local Fund Account Statement 17

Appendix C - SOE Withdrawal schedule 18

Appendix D - Reconciliation of disbursements 19

Appendix E - Analysis of credit by expenditure category 20

Appendix F - Statement of Project pre-financing 21

Government of The Gambia
Project Co-ordinating Unit
Third Education Sector Project
Auditors 'Report on the FundAccountability Statement
Statement of Expendituresand Special Account
Forthe year ended 31" December 2003

1. General Information

1.1 Background

A Credit agreement No. 3128 - GM dated July 24,1998, was entered into between the Republic
of The Gambia (the Borrower) and International Development Association (the Association) to
finance the first phase of the Borrower's education sector programme for the period 1998/99 to
2005/06.

The project is managed by the Project Co-ordinating Unit (PCU) of the Department of State for
Education (DOSE). The main objectives of the project are to:

* Increase gross enrolments in educational institutions, particularly basic education;

* Improve education quality and educational attainments of those studying, in the said
institutions;

* Develop a program for early childhood development and care;

* Develop a strategy for the provision of vocational and technical education relevant to the
demands of the job market;

* Facilitate private sector participation in education and training; and

* Strengthen the capacity of education sector management institutions to carry out the
program.

The project consists of the following parts, subject to such modifications thereof as the
Borrower and the Association may agree upon from time to time to achieve such objectives:

* PartA: Basic EducationExpansion.

This includes the following:

* Expansion of double shift and multi-grade teaching;
* Development of modules for pre-and in-service teacher training for teachers

participating in the double shift and multi-grade teaching programme;

* Provision of support to Madarasas;
* Improvement of existing conditions for special needs students and preparation ofa plan

to extend special needs education to disable children in the rural areas through the

provision of technical support services and equipment;
* Construction and furnishing in basic level schools of about 750 new classrooms and

associated facilities;
* Development of a Rehabilitation program and a maintenance system for basic level

schools;
* Strengthen the capacity of participants inthe school building program;

2

Government of The Gambia
Project Co-ordinating Unit
ThirdEducationSector Project
Auditors'Reporton the FundAccountabilityStatement
Statement ofExpenditures and SpecialAccount
Forthe year ended 31" December 2003

* Increasing the enrolment of low income families in schools; and
* Expansion of the capacity of Gambia College.

* PartB: Girls' EducationProgram

The objective of this component are to:

* Facilitate and improve the education of girls;
* Ensure gender equality for girls in access to education; and
* Increase retention of girls in schools and also their performance rates, particularly in

schools in the rural areas and lower the cost of education for girls in the upper basic
and secondary level schools through the provision of scholarships for girls covering
tuition, books and examination fees.

* PartC: Improving the quality andrelevance ofbasic education

* Curriculum improvement;
* Provision of a set of books for children and expansion of the use of teacher-made

instructional materials in schools;
* Provision of technical and advisory service;
* Strengthening of the capacity of the Borrower's Standard and quality Assurance

Directorate (SQAD) and WECC.

* PartD: Early ChildhoodDevelopment andCare

* Provision of early childhood development and care (ECDC) strategy;
* Training of ECDC care givers by Gambia College and Association of Early Childhood

Education in first aid, child care and special needs education, and in developmentally
appropriate practice;
* Development and monitoring of guidelines for the setting up of pre-school centers;
* Establishment and management of pilot community day care centers.

* PartE: Secondary School Development andProgram

* The construction of 10 new public Secondary schools;
* Reduction of tuition fees in secondary schools;
* Increasing the number of secondary school teachers trained under the University

Extension Program of the Gambia College;
* Introduction of computer literacy program into all secondary schools.

* PartF: Vocation and Technical Education

Upgrading the certificate program in technology available at the Gambia Technical
Training Institute (GTTI) through training and upgrading of suitably qualified staff of the
GTTI, improving basic skills and mid-level training of technicians, and construction,
furnishing of classrooms and laboratories.

3

Government of The Gambia
ProjectCo-ordinatingUnit
ThirdEducation Sector Project
Auditors 'Report on the FundAccountability Statement
Statement of Expendituresand Special Account
Forthe year ended 31J'December 2003

* PartG: UniversityEducation

* Carrying out a study on the proposed university;
* Consolidation of existing post-secondary institutions and upgrading their programs to

degree level;
* Commencement of the twinning of arrangements between the University of The

Gambia and other internationally recognised institutions to assist in the capacity
building of the University of The Gambia staff and development of curricula programs.

* PartH: Adult Education andFunctionalLiteracy Program

Development of an appropriate adult education functional literacy (AEFL) program through the
following:

* The finalisation of an operational manual;
* Provision by NGOs and CBOs of adult and functional literacy programs for about

4,000 adults a year starting from 1999/2000;
* Yearly evaluation of the AEFL program activities for the first two years of the

operation of the said program;
* The holding of annual workshops, with the participation of providers to the AEFL

program to discuss the results of the evaluations;
* Training for providers and facilitators in program management;
* Provision of technical advisory services to strengthen program monitoring and

evaluation.

* PartI Programto Improve sector Management

Improvement of the efficiency and effectiveness of education sector management through the
following:

* Development of a comprehensive management information system;
* Establishment of a school map, construction norms and criteria for site selection for

secondary schools;
* Strengthening of the capacity of the regional education offices;
* Production of annual monitoring indicators;
* Expansion of office facilities;
* Leadership and management training of all managers;
* Connection of all managers and regional offices to Email;
* Development and implementation of training policy for staff;
* Training of suitably qualified staff abroad in critical areas for which there is insufficient

local expertise, and
* Development of staff appraisal system.

4

K ib Government of The Gambia

1.2 Audit Scope and objective Project Co-ordinating Unit
ThirdEducation Sector Project
Auditors'Reporton the FundAccountabilityStatement
Statement ofExpendituresandSpecialAccount

Forthe yearended 31" December 2003

Article IV of the Development Credit Agreement (DCA) states that the Republic of The

Gambia, through the Department of State for Education's Project Coordinating Unit (PCU),
shall maintain records and accounts adequate to reflect in accordance with sound accounting
principles the operations, resources and expenditures in respect of the Support to the Education
Sector Project (SESP). The records and accounts should include expenditures with respect to
withdrawals from the credit Account made on the basis of statements of expenditure.

In addition, the records and accounts should be examined for each fiscal year by independent
auditors in accordance with appropriate auditing principles consistently applied, a certified
copy of the auditor's report being submitted to IDA within six months after the fiscal year end.

In accordance with these requirements the PCU has identified the objectives and scope of this
audit in its terms of reference as follows:

Objectives

The objective of the audit is to express professional opinion on the financial position of Third
Education Sector Project at the end of each fiscal year. The Auditors are also required to
express separate opinions on the Statement of Expenditure (SOE) and the Special Account (SA)
for the funds received and expenditures incurred for the accounting period ended at the same
dates.

The program account (books of accounts) provide the basis for preparation of the Program
Financial Statements (PFS) and are established to reflect the financial transactions in respect of
the program, as maintained by PCU.

Scope

The audit is expected to be carried out in accordance with International Standards on Auditing
and should include such tests and controls, as considered necessary under the circumstances.
In addition special attention should be paid to the following:

5

Government of The Gambia
Project Co-ordinating Unit
Third Education Sector Project
Auditors' Report on the FundAccountability Statement
Statement ofExpenditures and SpecialAccount
For the year ended 31" December 2003

(a) All external funds have been used in accordance with the conditions of the relevant
financing agreements, with due attention to economy and efficiency and only for the
purpose for which the financing was provided. The relevant financing agreement is the
IDA Credit NO. 3128 - GM of US$20 million for four years.

(b) Counterpart funds have been provided and in accordance with the relevant financing
agreements, due attention to economy and efficiency and only for the purpose for
which the financing were provided

(c) Goods and services financed have been procured in accordance with relevant financing
agreement;

(d) All necessary supporting documents, records, and accounts have been kept in respect of
all program ventures (including expenditures reported via SOEs or SAs). Clear linkages
should exist between the books of accounts and reports presented to the Bank.

(e) The Credit account reconciliation between the amount shown as "received by the
Programme from the World Bank" and that shown as being disbursed by the Bank has
been properly prepared and is presented as an annex to the PFS. This reconciliation
statement should indicate the mechanism of disbursement, i.e. Special Account,
Statement of Expenditures, or direct payments.

(f) The program accounts have been prepared in accordance with consistently applied
International Accounting Standards and give a true and fair view of the financial
situation of the program as of December 31, 2002 and of resources and expenditures
for the year ended on that date.

Program Financial Statements (PFS)

The Program Financial Statements should include:
(a) A Statement of Source (summary of funds received, showing the World bank, other

donors funds, Government counterpart funds, and beneficiary contribution separately)
and Application of Funds (summary of Expenditures shown under the main program
headings and by main categories of expenditures for the current year);
(b) Notes to the financial statements presenting background information on the program
the accounting principles, detail analysis and relevant explanation of the main
accounts/major balances, etc.

6

Government of The Gambia
Project Co-ordinating Unit
Third Education Sector Project
Aud:tors'Reporton the FundAccountability Statement
Statement of Expendituresand Special Account
Forthe year ended 31" December2003

Statements of Expenditures (SOEs)

In addition to the audit of the PFS, the auditors are required to audit all SOEs used during the
year under review as the basis for the submission of withdrawal applications. The Auditors are
to apply such tests and controls, as they consider necessary under the circumstances, ensuring
that the existing internal control procedures for the preparation and processing of the said SOEs
are sound and reliable. They are to examine carefully the expenditures to ensure that:

i) they are genuine program expenditures and eligible with regard to the relevant
financing agreements and with reference to the Program Appraisal Document (PAD)
for guidance when considered necessary; and

ii) they are reasonable with respect to the planned activities included in the annual work
program and budget.

Where ineligible expenditures are identified as having been included in withdrawal applications
and reimbursed against, these should be separately noted. Annexed to the Project Financial
Statements should be a schedule listing individual SOE withdrawal applications for specific
reference number and amount. The total withdrawals under the SOE procedure should agree
with the overall reconciliation of bank disbursements prepared by the program and described
above. A separate opinion to that effect will be issued as indicated in the introductory
paragraph.

Special Accounts (SA)

In conjunction with the audit of the PFS, we are also required to prepare Special Account
reconciliation and audit the activities on the Special Accounts associated with the Program. The
Special Account usually comprises but is not limited to:

* deposits and replenishments received from the Bank;
* payment substantiated by withdrawal applications;
* interest that may be earned from the balances and which belong to the borrower; and
* the remaining balances at the end of the fiscal year.

We will form a separate opinion as to the degree of compliance with the Bank's procedures and
the balance of the SA at the year-end. The audit should examine the eligibility and correctness
of financial transactions during the period under review and fund balances at the end of such a
period, the operation and use of the SA in accordance with the financial agreement, and the
adequacy of internal controls for this type of disbursement mechanism.

For the program, the SA is referred to in the Development Credit Agreement between IDA and
the Government of The Gambia. Special Account Statements and a separate opinion thereon
should accompany the Program Financial Statements.

7

Government of The Gambia
Project Co-ordinating Unit
Third Education Sector Project
Auditors 'Report on the FundAccountabiltv Statement
Statement of Expendituresand Special Account
Forthe year ended 3]" December 2003

Internal Control System

The Auditors are required to perform an in-depth and comprehensive review of the program
internal control system. Such a review is expected to be larger in scope than what is normally
required for ordinary audits. The objective of the review is to provide control system, including
the existing administrative, accounting, financial, and budgetary Manual of procedures, and to
determine whether the said rules and procedures are adequate, reliable, and operating correctly.
In this vein, the auditor should assess with particular attention and determine whether

i) the computerised financial, accounting, and reporting system in place is appropriate;
and

ii) the accounting and financials staff within the PCU is capable of managing the program
efficiently using the computerised system.

Our findings and observations are to be presented in a separate report, the Management Letter,
addressed along with the audit report to the borrower's representative. The Management Letter
should highlight all the weaknesses in the program internal control system, assess the inherent
risks associated with the intemal control shortcomings, and make practical and relevant
recommendations to improve the system as well as enhance the managerial skills and capability
of the accounting and financial staff.

- 1.3 Summary of Audit Results

Internal Control

We have assessed the overall intemal control environment of the Project Co-ordination Unit as
satisfactory. This was based on the outcome of tests on components of the project's control

environment which are assessed as follows:

Control consciousness Satisfactory
Segregation of duties Satisfactory
Management override Satisfactory
Competence of personnel Satisfactory
Protection of assets and records Satisfactory

Compliance

PCU is in compliance with the principal laws, regulations, binding policies and procedures
outlined by the World Bank.

8

AK&A44 Government of The Gambia

Project Co-ordinatingUnit

Third EducationSectorProject

Auditors'Reporton the FundAccountabilityStatement
Statement ofExpenditures andSpecialAccount
Forthe yearended 31" December 2003

2. Fund Accountability Statement

2.1 Auditors' Report on the Fund Accountability Statement

We have audited the accompanying Fund Accountability Statement of receipts and
disbursements of the PCU under the IDA Credit to the Third Education Sector Project (credit
No. 3128 - GM) for the year ended 31 December 2003.

Our responsibility is to express an opinion on the Fund Accountability Statement based on our
audit.

We conducted our audit in accordance with International Standards on Auditing and World
Bank Guidelines. Those standards and World Bank guidelines require that we plan and
perform the audit to obtain reasonable assurance about whether the Fund Accountability
Statement is free of material misstatement. An audit includes examining on a test basis,
evidence supporting the amounts and disclosures in the Fund Accountability Statement. An
audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall Financial Statement presentation. We believe our
audit provides a reasonable basis for our opinion.

In our opinion, the Fund Accountability Statement gives a true and fair view of cash receipts
and disbursements for the year ended 31 December 2003 in accordance with International
Accounting Standards and World Bank Guidelines.

KPMG
CharteredAccountants
RegisteredAuditors

Date... . 9 ...... 2004

9

Government of The Gambia
Project Co-ordinating Unit

Third Education Sector Project

A uditors'Reporton the FundAccountabilityStatement
Statement ofExpenditures and SpecialAccount
Forthe year ended 31" December 2003

2.2 Fund Accountability Statement

for the year ended 31s December 2003

Notes GMD US $ SDR
13,194,817 479,311 356,710
Opening Balance

Receipts

Contributions by GOTG la 4,543,778 157,893 116,278
Funds received from IDA into special Account la 66,035,931 2,294,707 1,661,103
Direct disbursement 23,524,023
la 817,445 591,974
Miscellaneous Receipts 304,031
10,565 7,780

107,602,580 3,759,921 2,733,845

Expenditure 10,070,762 349,953 257,707
3,910,950 135,903 100,080
IA Civil works (Gamworks)
IB Civil works (NGO) - - -
IC Civil works (Others) 6,045,990 210,094 154,714
2 Equipment, fumiture and vehicles 11,236,312 390,455 287,531
3 Library books and instructional materials 9,782,307 339,929 '250,324
4 Textbook 12,057,197 418,980 308,537
5 Consultancy services 18,442,608 640,869 471,936
6 Training, research and studies 4,068,736 141,386 104,117
7 Scholarship for Girls 7,897,783 274,443 202,102
8 Operating costs 2,844,648
98,850 72,797
Refundable - Non project advances 9,000 313 230
Miscellaneous Expenses (598,542)
Translation difference (5,062) (38,708)

2(i) 85,767,751 2,996,113 2,171,367

Closing balance of funds 4 21,834,829 763,808 562,478

10

Government of The Gambia
ProjectCo-ordinatingUnit

Third EducationSector Project
Auditors'Reporton the FundAccountabilityStatement

Statementof Expendituresand Special Account
Forthe year ended31 ' December2003

2.3 Notes (forming part of the Fund Accountability Statement)

2.3.1 Basis of accounting

The Fund Accountability Statement has been prepared on the basis of cash accounting
whereby income is recognised on receipt of cash or cash equivalents and expenditure
recognised on the disbursement of cash or cash equivalents.

la) Receipts

These are reimbursements into the Special Account of expenditure already incurred in
previous periods. Reimbursements into the special accounts were made by the World
Bank on the basis of the Statements of Expenditure (SOE) submitted by PCU. The
SOEs already submitted and paid into the Special Account during the period of
disbursement are included in Appendix C.

lb) Expenditures

This represents all expenditure actually incurred through the special account and direct
disbursements from the IDA for the period under review. SOEs for expenditure
incurred during this period may not all be reimbursed during the period and is not
comparable to Appendix B.

2.3.2 Translations

Translations into SDR have been done on the following basis:

(i) Receipts - at SDR amounts on World Bank advice slips.

(ii) Expenditures -at average monthly SDR rate.

(iii) Closing balance of funds is translated at the SDR rate prevailing at 31
December 2003 of (GMD 39.07 = SDR 1.00).

Translations into Dalasis have been done on the following basis

(i) Receipts - at rate ruling at date of receipt

(ii) Expenditure - at average monthly US $ rate

(iii) Closing balance of funds are translated at the US $ rate prevailing at 31
December 2003 of (GMD28.78 = US 1.00)

11

Government of The Gambia

Project Co-ordinating Unit
Third Education Sector Project
Audntors'Reporton the FundAccountability Statement
Statement ofExpendituresandSpecialAccount

Forthe year ended 31" December 2003

- 3) Capital Expenditure items

Fixed assets investments and other capital items are treated as operating expenditures and are
classed under categories IA and 2 of the Fund Accountability Statement.

4) Closing balance of funds

The composition of closing balances for the year is as follows:

GMD US$ SDR

Balance at Bank 18,249,586 634,145 467,099
Refundable 3,585,243 126,630 91,764

21,834,829 760,775 558,863

12

Government of The Gambia
Project Co-ordinating Unit
Third Education Sector Project
Auditors 'Report on the FundAccountability Statement
Statement ofExpenditures and SpecialAccount
For the year ended 31" December 2003

3 Statement of Expenditures

3.1 Auditors' Report on the Statement of Expenditures

We have audited the Statement of Expenditures of the Third Education Sector Project
submitted to the Bank in support of application for reimbursement for expenditures incurred in
accordance with the IDA Credit Agreement for the year ended 31 December 2003.

Our responsibility is to express an opinion on the Fund Accountability Statement based on our
audit.

We conducted our audit in accordance with International Standards on Auditing and World
Bank Guidelines. Those standards and World Bank guidelines requires that we plan and
perform the audit to obtain reasonable assurance about whether the Fund Accountability
Statement is free of material misstatement. An audit includes examining on a test basis,
evidence supporting the amounts and disclosures in the Fund Accountability Statement. An
audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall Financial Statement presentation. We believe our
audit provides a reasonable basis for our opinion.

In our opinion, with respect to the Statement of Expenditures shown in Appendix C, adequate
supporting documentation has been maintained to support claims to the World Bank for
reimbursement of expenditures incurred and which expenditures are eligible for financing
under the Credit Agreement.

jCpstG-

KPMG
CharteredAccountants
RegisteredAuditors

Date ..... .... 2004

13

Government of The Gambia
ProjectCo-ordinatingUnit
Third EducationSector Project
Auditors'Reporton the FundAccountability Statement
Statement of ExpendituresandSpecial Account
Forthe year ended 31S December 2003

4 Special Account

4.1 Auditors' Report on the Special Account

We have audited the accompanying Special Account Statement of the Third Education Sector
Project (Credit No. 3128 -GM) for the year ended 31 December 2003. Our responsibility is to
express an opinion on the financial statements of the Special Account based on our audit.

We conducted our audit in accordance with International Standards on Auditing and World
Bank guidelines for Special Accounts. Those Standards and World Bank Guidelines require
that we plan and perform the audit to obtain reasonable assurance that the Special Account
financial statement is free of material misstatement. We believe that our audit provides
reasonable assurance for our opinion

In our opinion, the financial statements of the Special Account give a true and fair view of the
financial position of the Special Account of the Third Education Sector Project (Credit No.
3128 - GM) for the year ended 31 December 2003 in accordance with International Accounting
Standards and World Bank Guidelines.

jqtCkr

KPMG
CharteredAccountants
RegisteredAuditors

Date .... Aiq.v ..... . 2003

14

Government of The Gambia
Project Co-ordinatingUnit
ThirdEducationSector Project
Auditors'Reporton the FundAccountability Statement
Statement ofExpenditures and Special Account
Forthe year ended 3J1P December 2003

Appendices

Appendix A Special Account Statement
Appendix B Government Local Fund (GLF) account statement
Appendix C SOE Withdrawal Schedule - IDA
Appendix D Reconciliation of disbursement of funds per the Fund Accountability
Statement to the IDA disbursement summaries as at 31 December 2003.
Appendix E Analysis of credit by expenditure category
Appendix F
Statement of project pre-financing

15

Government of The Gambia
Project Co-ordinatingUnit
Third EducationSector Project
Auditors 'Report on the FundAccountabilityStatement
Statement ofExpendituresand SpecialAccount
Forthe year ended 31' December2003

Appendix A

Special Account Statement

For the year ended: 31 December 2003

Account No. 013201200068

Depository bank: Central Bank of The Gambia

Related Credit agreement 3128 -GM

GMD US S SDR

Opening balance 2,598,582 111,098 85,545

Receipts 89,559,954 3,112,152 2,253,077
Total amount deposited and paid directly by IDA

92,158,536 3,223,250 2,338,622

Expenditure 8,713,136 302,776 222,964
3,736,528 129,842 95,616
IA Civil works (Gamworks) 5,781,285 200,896 147,940
IB Civil works (NGO) 11,093,496 385,492 283,876
2 Equipment
3 Library books and Instructional 9,782,307 339,929 250,324
12,057,197 418,980 308,537
Materials 18,442,608 640,869 471,936
4 Textbook 4,068,736 141,386 104,117
5 Consultancy 6,117,521 212,580 156,544
6 Training (34,980)
7 Scholarship for Girls (598,542) -
8 Operating Expenses
(79,194,272) (2,772,750) (2,006,874)
Retranslating difference
12,964,264 450,500 331,748
Closing balance of funds

16

Government of The Gambia
Project Co-ordinating Unit

Third Education Sector Project
Auditors'Reporton the Fund Accountablhty Statement

Statement ofExpenditures andSpecial Account
For theyear ended 31" December2003

Appendix B

Government Local Fund Account Statement

For the period ended: 31 December 2003

Account No: 01201/200171

Depository Bank: Central Bank of The Gambia

Related Credit agreement 3128-GM

GMD US$ SDR

Opening Balance

Balance at Bank 9,398,173 326,581 240,506
Due from Govemment 1,423,497 49,465 36,428

Receipts 4,318,343 150,060 110,509
304,031 10,565 7,780
Funds received from The Gambia Government
Miscellaneous Receipt

15,444,044 536,671 395,223

Expenditure 1,357,626 47,177 34,743
174,422 6,061 4,464
Civil works - Gamworks 264,705 9,198 6,774
Civil works NGO 142,816 4,963 3,655
Equipment, fmrniture and vehicles
Library books and instructional materials - - -
Consultancy 1,780,262 61,863 45,558
Training & Research 2,844,648
Operating costs 313 230
Refundable - Non-project advances 9,000 (5,062) (3,728)
Miscellaneous Expenses -
Translation difference

(6,573,479) (124,513) (164,493)

Closing balance of funds 8,870,565 412,158 303,527

17

Appendix C

SOE withdrawal schedule

Library

Equipment Books and

Furniture Instruc

Civil and tional

Application Works Vehicle Material B
No GMD GMD GMD G

51 3,344,751 142,046 1,329,089 246

52

53 3,608,267 1,389,809 3,147,482 1,982

54 1,818,249 1,084,940 -

55 923,469 619,148 -

56 1,382,788 343,258 -

57 1,312,801 569,478 726,948 1,045

58 -- - 3,653

l 59 -- - 2,195

60,61 1,860,034 440,151 -

62 - - 3,562,079

63 2,383,698 1,276,656 2,181,306 634

I Total 16,634,057 5,865,486 10,946,904 9,758

Government of The Gambh
Project Co-ordinatingUni
Auditors'Reporton the FundAccountability Stateen
And Statement of Expenditure.
For the year ended 315' December 200.

Consultancy Training Scholarship
Research for
Text and Operating
and Girls cost
Book Audit Studies GMD Total Tot
GMD GMD SD
GMD GMD GMD - 1,652,577 17,863,719 456,3f
7,400,450 3,742,917 95,61
6,278 3,748,528 - 987,903 22,819,408 584,21
9,522,993 -
2,080 3,742,917 - - 3,331,485 84,5;
2,180,874 - - 2,075,087 52,4z
4,068,736 - 2,012,353 51,1(
- 428,296 -
- 961,629 9,995,807 244,91
- 532,470 -
- - 3,653,534 89,81
- 286,307 948,247 -
- 2,195,867 54,4-.
5,429 362,539 - -
46,879 2,950,700 73,71
3,534 - - 1,852,925
3,562,079 90,2(
5,867 - -
15,356,998 375, 5'
- 650,515 4,930,967

--

4,918 2,049,649

8,106 13,982,095 22,802,657 4,115,615 5,455,034 89,559,954 2,253,07

18

Government of The Gambia
Project Co-ordinatingUnit
Auditors 'Report on the FundAccountabilityStatement
And Statement ofExpenditures
Forthe year ended 31" December 2003

Appendix D

Reconciliation of disbursement of funds included in the Fund
Accountability Statement to the IDA Disbursements Summary as at 31

December 2003

Receipts SDR
2,253,077
Funds received from IDA and disbursements
Made directly by IDA during 2003

Disbursements in previous period per IDA report 10,818,062

Disbursements to 31 December 2003 per IDA report 13,071,139
Balance undisbursed as at 31 December 2003 per IDA report 2,028,861

Total Credit (SDR) per Appendix E 15,100,000

19

Government of The Gambia
Project Co-ordinating Unit

Auditors'Reporton the FundAccountabilityStatement
And Statement ofExpenditures

Forthe year ended 31' December 2003

Appendix E

Analysis of credit by expenditure category

Expenditure SDR

Code Description 5,010,000
930,000
IA Civil works 600,000
IB Gamworks/non-NGOs
IC Other 3,100,000
2 Equipment, fumiture and vehicles 380,000
3 Library books and instructional materials 670,000
4 Textbooks
5 Consultants services and audit 1,570,000
6 Training, research and studied 1,700,000
7 Scholarships for Girls
8 Operating costs 300,000
9 Unallocated 750,000
90,000

Total 15,100,000

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APPENDIX F Government of The Gambia
Project Co-ordinating Unit
Pre -Financing Third Education Sector Project
Memorandum Account Auditors'Report on the FundAccountabilityStatement
And Statement of Expenditures
DOSE Forthe year ended 31J' December2003
Education for all secretariat-EFA
IDA Pre-financing for IDA iii Pre-financing
Opec Middle sch. project 31 Dec. 2003
SOS-DOSE D
UCEF-UNICEF
PFLE 333,081
429,550
Total 2,378,090
240,117
192,450

11,955

3,585,243

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