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2023-02-28-accounts

	Page
Report ofthe Trustees	1 to	6
Report ofthe Independent Auditors	7 to	10
Statement ofFinancial Activities
Statement ofFinancial Position
Statement ofCash Flows	13
Notes tothe Statement ofCash Flows	14
Notes tothe Financial Statements	15 to 20

					28.2.23	28.2.22
			Unrestricted	Restricted	Total	Total
INCOME AND ENDOWMENTS Donations and legacies	FROM	Notes	fund 7,111	funds 395,709	funds 4p2 82p	funds 1 196696
Other trading activities Investment income		4	1,380 1		1,380 1	433
Total
			8492	395,709	404,201	1,197,129
EXPENDITURE ON
Raising funds			577		577	251
Charitable activities
Bega Kwa Bega in Uganda				1,041,180	1,041,180	626,966
Other
			8,820		8,820	10,980
Total			9,397	1,041,180	1,050,577	638,197
NET INCOME/(EXPENDITURE) Transfers between funds		12	(905) (2,324)	(645,471) 2,324	(646,376)	558,932
Net movement in funds			(3,22S)	(643,147)	(646,376)	558,932
RECONCILIATION OF FUNDS
Total funds brought forward			7,026	1,334,570	1,341,596	782,664
TOTAL FUNDS CARRIED FORWARD			3,797	691,423	695,220	1,341,596

					28.2.23	28.2.22
			Unrestricted	Restricted	Total	Total
CURRENT ASSETS	Notes		fund	funds	funds	fundsf
Debtors Cash at bank	10		43 14,794	154,363 537,060	154,406 551,854	2,016 1,350%0
			14,837	691,423	706,260	1,352,396
CREDITORS
Amounts falling due within one year		'	~«,040)		~«,040)	(10,800)
NET CURRENT ASSETS			3,797	691,423	695,220	1,341,596
TOTAL ASSETSLESSCURRENT
LIABILITIES			3,797	691,423	695,220	1,341,596
NET ASSETS			3,797	691,423	695,220	1,341,596
FUNDS	12
Unrestricted funds Restricted funds					3,797 691,423	7,026 1,334,570
TOTAL FUNDS					695,220	1,341,596

				28.2.23	28.222
			Notes
Cash flows from	operating	activities
Cash generated from operations			1	(798,527)	1,125,393
Net cash (used in)/provided		by operating	activities	(798,527)	1,125,393
Cash flows from	investing	activities
Interest received
Net cash provided	by investing activities
Change in cash	and cash	equivalents
in the reporting	period			(798,526)	1,125,393
Cash and cash equivalents		atthe
beginning ofthe reporting		period		1,350,380	224,987
Cash and cash	equivalents	atthe end
ofthe reporting	period			551,854	1,350,380

1	RECONCIUATION	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	TO NET CASH	FLOW FROM	OPERATING
	ACTIVITIES
							28.2.23	28.2.22
	Net (expenditure)/income		forthe reporting		period (as	per the
	Statement ofFinancial Activities)						(646,376)	558,932
	Adjustments for:
	Interest received						(1)
	(Increase)/decrease	in debtors					(152,390)	556,261
	Increase in creditors						240	10,200
	Net cash (used in)/provided			by operations			(798,527)	1,125,393
.	ANALYSIS OF CHANGES IN			NET FUNDS
						At 1.3.22	Cash flow	At28.2.23
	Net cash
	Cash at bank					1,350,380	(798,526)	551,854
						1,350,380	(798,526)	551,854
	Total					1,350,380	(798,526)	551,854

			28.2.23	28.2.22
Donations			15,947	19,154
Gift aid			1,467	2,035
Grants			385,406	1,175,507
			402,820	1,196,696
Grants received, included		in the above, are as follows:
			28.2.23	28.2.22
Grant
			385,406	1,175,507
OTHER TRADING ACTMTIES
			28.2.23	28.2.22
Fundraising	events		1,380	433

4.	INVESTMENT INCOME	INVESTMENT INCOME
	Deposit account interest				28.2.23 f 1	28.2.22
5.	RAISING FUNDS
	Raising donations	and legacies
	Sundries				28.2.23 577	28.2.22 f 251
6.	CHARITABLE ACTIVITIES COSTS
						Grant
						funding of
						activities
						(see note
	Bega Kwa Begs in Uganda					7)f 1,041,180
7.	GRANTS PAYABLE
					28.2.23	28.2.22 f
	Bega Kwa Bega in Uganda				1,041,180	626,966
	The total grants paid	to institutions	during the	year was as follows:
					28.2.23	28.222 f
	Bega Kwa Bega Limited (a charity registered			in Uganda)	1,041,180	626,966
8.	SUPPORT COSTS
					Governance
	Other resources expended			Finance f 180	costs 8;640	Totals .f 8,820

						28.2.23 f	28.2.22 f
Other debtors						154,406	2,016
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE		YEAR
						28.2.23 f	28.2.22
Other creditors						11,040	10,800
MOVEMENT IN FUNDS
					Net	Transfers
					movement	between
				At 1.3.22	in funds	funds	28.2.23
Unrestricted funds General fund				7,026	(905)	(2,324)	3,797
Restricted funds Bega Kwa Bega Uganda Admin School Construction Pmfect Education &Sponsorship				324,057 996,969 13,544	(4,469) (626,501) (14,501)	2,324	319,588 370,468 1,367
				1,334,570	(645,471)	2,324	631,423
TOTALFUNDS				1,341,536	(646,376)		635,220

Net moveme	nt in fu	nds,	included in the above	are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				f.
Unrestricted	funds
General fund				8,492	(9,397)	(905)
Restricted funds
Bega Kwa Begs Uganda			Admin	72,413	(76,882)	(4,469)
School Construction		Project		305,993	(932,494)	(626,501)
Education &	Sponsorship			16,603	(31,104)	(14,501)
Water				700	(700)
				395,709	(1,041,180)	(645,471)
TOTAL FUNDS				404,201	(1,050,577)	(646,376)

					Net
					movement	At
				At 1.3.21	in funds	28.2.22
						F
Unrestricted	funds
General fund				3,383	3,643	7,026
Restricted funds
Begs Kwa Bega Uganda Admin School Construction Project				83,028 694,354	241,029 302,615	324,057 996,969
Education &	Sponsorship			1,899	11,645	13,544
				779,281	555,289	1,334,570
TOTALFUND	S			782,664	558,932	1,341,596

Comparative net mo	vem	ent in funds, induded	in the above are as follows	:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			17,081	(13438)	3,643
Restricted funds
Bega Kwa Bega Uganda Admin School Construction Project			305,986 861,167	(64,957) (558,552)	241,029 302,615
Education &Sponsorship			12,145	(500)	11,645
Water			750	(750)
			1,180,048	(624,759)	555,289
TOTAL FUNDS			1,197,129	(638,197)	558,932