2022-02-28-accounts - Bega Kwa Bega Uganda

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Page
Report ofthe Trustees	1to4
Report ofthe Independent Auditors	5 to	8
Statement ofFinancial Activities
Statement ofFinancial Position	10
Statement ofCash Flows
Notes to the Statement ofCash Flows
Notes to the Financial Statements	13 to	18
Detailed Statement of Financial Activities	19

				28,2.22	28.2.21
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
					as restated
	Notes
CURRENT ASSETS
Debtors		228	1,788	2,016	558,277
Cash at bank		17,598	1,332,782	1,350,380	224,987
		17,826	1,334,570	1,352,396	783,264
CREDITORS
Amounts falling due within one year	12	(10,800)		(10,800)	(600)
NET CURRENT ASSETS		7,026	1,334,570	1,341,596	782,664
TOTAL ASSETSLESSCURRENT
LIABILITIES		7,026	1,334,570	1,341,596	782,664
NET ASSETS		7,026	1,334,570	1,341,596	782,664
FUNDS	13
Unrestricted funds				7,026	3,383
Restricted funds				1,334,570	779,281
TOTAL FUNDS				1,341,596	782,664

RECONCILIATION	OF NET I	NCOIIE TO NET CASH FLOW FROM	OPERATING ACT	IVITIES
			28.2.22	28.2.21
				as
				restated
			F	F
Net income for the	reporting	period (as per the Statement of
Financial Activities)			558,932	580,640
Adjustments for:
Interest received				(4)
Decrease/(increase)	in debtors		556,261	(556,473)
Increase in creditors			10,200
Net cash provided	by operations		1,125,393	24,163

Financial	Activiti	Activiti	es in administrative expen	es in administrative expen	es in administrative expen	ses.
Cash and	cash		uivalents
Cash and	cash		equivalents		in the Statement of Financial				Position	comprise cash at bank and in hand
and short	term		deposits	with an original		maturity	date		of three	months	or less. Bank overdrafts are
disclosed	within		creditors		on the Statement	of Financial		Position.
DONATIONS		AND LEGACIES
											28.2.22	28.2.21
												as
												restated
												F
Donations											19,154	386,890
Gift aid											2,035	4,371
Grants											1,175,507	562,656
											1,196,696	953,917
Grants received,			included		in the above, are as follows:
											28.2.22	28.2.21
												as
												restated
												E
Grant
											1,175,507	562,656

3.	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
						28.2.22	28.2.21
							as
							restated
							F
	Fundraising	events				433	11
4.	INVESTMENT		INCOIIE
						28.2.22	28.2.21
							as
							restated
						F	F
	Deposit account interest						4
S.	RAISING FUNDS
	Raising donations and legacies
						28.2.22	28.2.21
							as
							restated
	Sundries					251	321
6.	CHARITABLE		ACTIVITIES COSTS
							Grant
							funding of
							activIes
							(see note
							7)
	Bega Kwa	Bega in Uganda					626,966
7.	GRANTS	PAYABLE
						28.2.22	28.2.21
							as
							restated
						F
	Bega Kwa	Bega in Uganda				626,966	372,131
	The total grants		paid to institutions	during the	year was as follows:
						28.2,22	28.2.21
							as
							restated
							F
	Bega Kwa	Bega Limited (a charity		registered	in Uganda)	626,966	372,131

				Governance
			Finance	costs f	Totals
Other	resources	expended	180	10,800	10,980

	been restated to include	the income and the debtor amounting tof553	the income and the debtor amounting tof553	,906.
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				28.2.22	28.2.21
					as
					restated
					F
	Trade debtors				553,906
	Other debtors			2,016	4,371
				2,016	558,277
12.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				28.2.22	28.2.21
					as
					restated
				f
	Other creditors			10,800	600

Compar	ative	net mo	vement in funds, included	in the above are as follows	:
				Incoming	Resources	Movement
				resources	expended f	in funds
Unrestricted		funds
General	fund			87,988	(37,665)	50,323
Restricted funds
School	Construction		Project	553,906		553,906
Education &		Sponsorship		312,038	(335,627)	(23,589)
				865,944	(335,627)	530,317
TOTAL	FUNDS			953,932	(373,292)	580,640

		28.2.22	28.2.21
			as restated
			F
INCOIIE AND	ENDOWMENTS
Donations and legacies
Donations		19,154	386,890
Gift aid		2,035	4,371
Grants		1,175,507	562,656
		1,196,696	953,917
Other trading	activities
Fundraising events		433
Investment income
Deposit account interest
Total incoming	resources	1,197,129	953,932
EXPENDITURE
Raising donations and legacies
Sundries		251	321
Charitable activities
Grants to Uganda		626,966	372,131
Support costs
Finance
Bank charges		180	240
Governance	costs
Auditors' remuneration		10,800
Accountancy	and legal fees		600
		10,800	600
Total resources	expended	638,197	373,292
Net income		558,932	580,640