NATIONS DISCIPLESHIP ENTERPRISE TRUSTEES, REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023 Charity Number 1111488
NATIONS DISCIPLESHIP ENTERPRISE Contents Page Members Of The Board And Professional Advisors Trustees Annual Report Independent Examiner's Report To The Trustee5 Of Nations Discipleship Enterprise Statement Of Financial Activities Ilncluding Income And Expenditure Accountl Balance Sheet Statement Of Cash Flow5 Notes To The Financial Statements The following pages do not form part of the accounts: Detailed Statement Of Financial Activities 14
NATIONS DISCIPLESHIP ENTERPRISE Members of the Board and Professional Advisors Reglstered Charlty name Nations Discipleship Enterprise Charity Number 1111488 Executive Committee A Muwonge D Harman S Taylor Reglstered OffSce 6 Broad Road Sale Cheshire M33 2AL Independent Examlner Mitchell Charlesworth (Auditl Limited Chartered Account3nts 3" Floor 44 Peter Street Manchester M2 5GP
NATIONS DISCIPLESHIP ENTERPRISE Trustees Annual Report Year ended 31 March 2023 The Trustees present their report and the unaudited account5 of the charity for the year ended 31 March 2023. Reference and admlnlstratlve detslls Reference and administrative details are shown in the schedule of members of the board and professional advisers on page l of the accounts. Trustees The trustees who served the charity during the period were as follows.. A Muwonge D Harman R Bowers (Retired as trustee for Nations Discipleship Enterprise on 31.12.20221 S Taylor (Appointed as trustee for Nations Discipleship Enterprise on 01.01.20231 Status Nation5 0i5ciple5hip Enterprise was constituted by a Declaration of Trust dated l June 2005. Our Maln Objectives Nations Discipleship Enterprise is founded on a mission to alleviate poverty, and support the vulnerable children and communities of Uganda. The charity extends itself through Destiny 8ridge Academy, Kampala Children's Centre IK.C.C.I, and Destiny Bridge Churches. Today, Kampala Children's Centre stands as a core project of the charity. Through its medical centre. housing, primary and STEM Centre, it'5 offering vital relief frorn poverty. It compassionately f05ter5 the children in its care and equips them with industry skills. It offers workplace development proerams, creative courses and full access to Destiny Africa Children's Choir International tours. It's also investing in the community, extending leadership, health care and Skill development programs both locally and nationally. Goveman¢e Governed by trustees, the board oversees the implementation of policy and recruitrnent of Senior staff for the charity. Trustees are selected from a wide range of relationships established through the missionary work by the founder, Arnold Muwonge. Trustees are expected to understand the vision and objectives of the charity and promote its values. All new trustees are subject to the approval of existing trustees and are to actively support the communitie5 Wlthin which we operate. Although founded upon Christian values. Nations Discipleship Enterprise 5erve5 per50n5 from all background5. The day-to-day management of the charity has been delegated to Leah Fletcher. This is overseen by Arnold Muwonge (Trusteel and the trustee board. Remunerarion levels are set by the Trustees and are reviewed on an annual basis. The Trustees have reviewed the risk5 faced by the Ch3rity. and systems have been established to manage those risks. Core Oblectlves and Alllvltles The charity consider5 the provision ol housing. food, education and healthcare to vulnerable children as one of its primary objettives. Its core values further include the mentoring of young people and the trainin8 of church, business and community leaders. The trustee5 confirm that they have referred to the 8uidance contained in the Charity Comrni55ion'5 general information on public benefit when reviewing the Foundation's aims and objectives and in planning future activities. End of Year Report for the period ended Mzrch 2023 NDE UK has continued to work hard to create programs 2nd support the work of Kampala Children's Centre, Uganda. Our UK tru5tee5. Staff and volunteers have worked hard to ensure that UK administrative. governance. and fundraising efforts are well coordinated and beneficial to the entire charity. In Uganda we have continued to give the best care to the rn05t needy children and young people living in Wakiso town council and its neighbouring communities through our warm loving children's horne, Kampala Children's Centre IKCCI and schools.. Destiny Bridge Academy, Primary and Kindergarten as well as Stride High School.
NATIONS DISCIPLESHIP ENTERPRISE Trustees Annual Report {CLtInued) Year ended 31 March 2023 Financial review During the year, incoming resources raised amounted to £182,750. Resources expended on the activities of the charity amounted to £258,257. The closing fund balance is £136.1321 and will be utilised in the future for charitable activities. Finantin8 The charity raise5 1t5 funds from individuals, churche5 and well-wishers who subscribe to the phi1050phy of its causes. Funds are raised for specific causes, restricted or allocated as per donor preference, Due to the shortage of lull funding for the charity's prosrarns. the charity does not hold a reserve account except in the form of unused restricted income which later gets allocated io the intended projeets. Educatlon P05t Covid-19. 2022/23 has been a year of regrouping and restarting sotne of the program5 that had been closed oll or scaled down. We have been able to renovate and rejuvenate the kindergarten and the primary school. We have offered scholarships and free education to 327 children frorn within the Waki50 and Kampala district areas. We continue to Scale up education as it's crucial to supporting children and families within our service area. Childcare & Health It's been an exciting time since our medical cenier was partly opened io the children, students, and staff from Kampala Children's Centre, our schools, and cornmunity-SUPPOrted parents and students. Post Covid-19 The Covid-lg season has seen some significant change in lifestyle and financial priorities from some of our funders and supporters- however, it's a fruitful year ahead due to the changes we are putting in place. THEYEARAHEAD We are regenerating the kindergarten and primary school by renovating. hiring new staff and stre3mlining the curriculum to offer the best education possible. We are actively building towards sustainability by mobilising volunteer engagement and resources from within U8anda in ddition to the support we receive from the UK. Destiny Africa. one of our main fundraising arms. will tour the UK again to rejuvenate and increase sponsor and stakeholder engagement. Welcome volunteers back to the Centre. Volunteers bring crucial skills, support and motivation to staff and children. Keep growing the child sponsorship program in order to support more orphans and marginalised children and young people who desperately need housing education and support. THE LONG TERM uild towards sustainability by looking at mobilisirig local resources or usirig available resources towards self-sustainability. Keep developing the STEM Centre at Kampala Children's Centre to offer STEM skills and employable skills to young people and young 3dult5 from within Wakiso and Kampala areas. Adhering to local regulations, we will continue to resettle back in the community young adults who have grown through the care of Kampa13 Children's Centre Since the Children'5 home infrastructure 15 a1rn05t 20 year5 old, we will actively rnobili5e resource5 to renovate and develop All thls ¢ouldn't have been posslble wlthout ihe generoslty of rjur supporters and the commltment from our staff and volunteers. We are eternally grateful for your support. Thank you. May God richly ble5S YOU.
NATIONS DISCIPLESHIP ENTERPRISE Trustee5 Annual Report l(LtrAi1 Year ended 31 March 2023 Independe Emmlner Having expressed a willin8ness io continue in office, a rewlution for the appointment of Mitchell Charlesworth will be proposed aE the forth¢ombn8 Annual Genefal Meetin8. Statement of Trustees. Re5pon51bllftles The Trustees are responsible lor preparing the Trustee5' Annual Report and the financial 5tatemonts in accordance with applicable law and United Kin8dom Account¢n8 Standards (United Kingdom Generally Accepted Accoun(in8 Practicel. The law applicable io chariries in England and Wales requires ihe trustees to prepare financial statements lor eaih ffinancial year which g¥ve a tfue and faiv vlew ol the state of affalrs of the thafily and ol the Sncomlnx resoui¢es and applltation of resources of the charity for that period. In Pfeparing these finantlal statements. the trustees are required to: select suitable accounting polscies and then apply them consSStently', observe the methods artd prlnckples in ihe Chaylties 50RP- make judgements and estSmates that are reasonae and pwdent,. state whether applicable accounting standards have been f¢)Ilowed. subject to any material departures di5c105ed and explained In the financlal statements,, prepare the Ilnancial siatement5 on the Rolng toncem basis unless It Is inappropriaie to presume that the charlty will ContnUe in operation. The Trustee5 are respJn5ible for keeping proper accour+ting records that disclose with reasonable accuracy at any time the financial position 91 the charity and enable them to ensure ihat the financial siatements comply wilh the Charities Aci 2011, and Ehe Chariiy IA¢counts and Reponsl Regulations 2$ and the provis¢ons ol ihe rrust deed. They are also responsible for safe8uartlin8 the assets of the charity and hence lor takin8 reasonable sieps lor ihe prevention and dereciion of fraud and othef irregularliie5. st¥nl order of the Tru5teè5 1610112024 O Harman Trtte
NATIONS DISCIPLESHIP ENTERPRISE Independent Examiner's Report to the Trustees of Nations Discipleship Enterprise I report to the charity trusiees on my examination of the accounts of the charity for the year ended 31 March 2023 which are Set out on pages 6 to 14. Re5pon5ibilities and ba515 of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Att 20111.the Att'l. I report in respect of my examination of the charity's accounts Carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Direction5 given by the Charity Commission under section 14515llbl of the Act. Independent e¥amlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connedion with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the accounts do not accord with those records.. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other th3n any requirement that the accounts give a 'true and fair view, which is not a matter considered as p3rt of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the account5 to be reached other than that I draw attention to the Accounting Policy on Going Concern in the financial statements. The organisation incurred a105s of £36.132 during the year ended 31 March 2023 and, as of that date. the orBanisètion's current liabilities exceeded its current asset5 by £36,132. As stated in the Accounting Policy on Going Concern these @vents or conditions along with other matters as set out in this note, indicate that a material uncertainty exists that may cast significant doubt on the organisation's ability to continue as a going concern. Jamlelee Johnston CA Independent Examiner Mitchell Charlesworth IAuditl Limited 3rd Floor 44 Peter Street Manchester M2 5GP 1610112024
NATIONS DISCIPLESHIP ENTERPRISE Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 Unrestricted Funds 2023 Restricted Funds 2023 Total Fund$ 2023 Unrestricted Funds 2022 Restricted Funds 2022 Total Funds 2022 Notes Income: Donations and legacies 4,376 19,808 24,184 5.619 22.105 27,724 Other trading activities 34,741 123,825 158,566 45.588 129.364 174,952 Total income 39.117 143,633 182,750 51.207 151,469 202,676 Expenditure Expenditure on charitable 80.186 178,071 258,2S7 76.585 135,941 212,526 Total expenditure 80.186 178,071 258,257 76.585 135,941 212,526 Net incomellexpenditurel 141.0691 134A381 17S.S071 125.7381 15.528 19,8501 Net movement of funds In the vear 141.0691 134,4381 175.5071 125.3781 15.528 19,8501 Reconciliation ofAunds Total funds brought forward 1,057 38,318 39,375 11.288 37.937 49,225 Transfer between funds 15.147 115.1471 Total funds carried forward 140,0121 3,880 136.1321 1,057 38,318 39,375 The statement of financial activities includes all gains and losses recognised in the year All income and expenditure derive from continuing activities
NATIONS DISCIPLESHIP ENTERPRISE Balance Sheet As at 31 March 2023 31 March 2023 31 March 2022 Notss xed assets Tan8ible assets Iz Current aSSèts Debiors Cash at bank and Sn hand 13 2,914 38.544 2.988 95,078 Credltors: Amounts fallln8 due wlthln one year {77.5901 158,6871 Net current Iliabilitiesll¥ssets {36.1321 39.375 Net assets {36.1321 39,375 The fvn¢t5 Of the tharttv Restrlctecl income funds Unresiricteil Income funds 15 16 38,318 1,057 {40,0121 Total charlty lunds {36.1321 39,375 These Iln•n¢i•l st•tem¢nts wore approved by the members of the ¢ommlttee and authorlsed lor issue on th• 1610112024 and are 54ned on thelr behalf b¥- O H•rnn Trustee
NATIONS DISCIPLESHIP ENTERPRISE Statement of Cash Flows Year ended 31 March 2023 2023 2022 Notes Cash flow from operatlng artlvltles Cash generated by operating activities 17 156,5341 8,780 Net cash loufflowll Inflow from operatlng actlvltles 156,5341 8,780 Net cash used In Investln8 actlvltles Net Idecreasellin¢rease In cash and cash equlvalents 156,5341 8,780 Cash and cash equivalent5 at beginning of year 95,078 86,298 Cash and cash equlvalent at end of year 38,544 95,078
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2023 Company information Nations Discipleship Enterprise is a charity incorporated in England and Wales. The registered office is 6 Broad Road. Sale, Cheshire, M33 2AL. A¢¢ountln8 Policies The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows-. Basls of preparatlon The financial statements have been prepared in accordance with Accounting and Reporring by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191 Icharities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements are prepared in sterlin& which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. Nation5 Di5ciple5hip Enterprise meet5 the definition of a public benefit entity under FRS 102. As5et5 and liabilities are initially recogni5ed at historical c05t or transaction value unless Otherwise stated in the relevant accounting policy notel51. Goin8 Concern At the time of approving the financial statements, the Trustees have a reasonable expettation that rhe charity has adequate resource5 to continue in operational existence for the lore5eeable future. Thus. the Trustees continue to adopt the going concern ba515 of accounting in preparing the financial 5tatement5. It has been challenging during and post-COVID-19, with many fundraising activities hampered by our supporters. lifestyle changes and global economic shocks. However, we look fOnard to an improved financial situation in the short and medium term since Destiny Africa Children's Choir, one of our primary fundraising arms, will be in the UK from April 2023, reaching out to our support networks. It's also planned that they will return in the subsequent years. In additlon, we are actively building long-term support relationships with schools and churches across the UK., Incomin8 reSoUe$ All incoming re50urce5 are included in the statement of financial activities when the charity is entitled to the incorne and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income. Donations and legacies are included in full in the Staternent ol Financial Activities when received. Empenditure Expenditure 15 recognised once there is a legal or constructive obligation to make a payrnent to a third party. it 15 prob3ble that settlement will be required, and the 3mount of the obligation can b& measured reliably. Expenditure is classified under the following attivity headings.. Costs of raising fund5 are the direct and indirect costs of raisin8 fund5 for charitable purp05e5. Charitable activities include expenditure associated with the provision of the Charitvs services and include both the direct costs and support costs relating to these activities. Support costs include central functions and have been allocated to activity cost categories either directly where identifiable or on a basis of time spent on supporting and managing projects. Other expenditure represents those items not falling into any other heading.
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2023 Accounting Policie5 Icontinuedj Funds strurture Restricted funds are funds subject to specific restrictive conditions imposed by the donor or by the purpose of the contract/monies received. The purpose and use of restricted funds are set out in note 15 to the financial statements. General funds are unrestricted funds, which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Fixed Assets All fixed assets are included at net book value. Additions of a single item or a group of similar items exceeding £500 are C3Plt31ised at cost. The Trustees consider that the valuation remains appropriate as at 31 March 2023. Tangible fixed assets are depreciated over their estimated useful economic live5 a5 follows.. Fixtures and fittings- 25% on cost Cash at bank and In hand Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three tnonths or le55 frorn the date of acqui51tion or opening of the deposit or sirnilar account. Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will prob3bly result in the transfer of funds to a third p3rty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Financial instrument5 The Charity only ha5 financial assets and financial liabilities of a kind that qualify as basic financial instrurnent5. Baslc financial instruments are initially recogni5ed at transaction v31ue and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at 3mortised cost using the effective interest method. Judgements and key sources of e$timatlon untertalnty In the application of the Charity's accounting policie5, the Trustees are required to make judgements. estimates and as5UrnPtions about the carrying amount of 3S5ets and li3bilitie5 that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The e5tirnate5 and underlying a55UrnPtions are reviewed on an ongoing basi5. Revi5ion5 to accounting estimate5 are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donatlons and legacles Unrestrl¢ted Fund$ 2023 Restrl¢ted Funds 2023 Total Unrestricted 2023 Funds 2022 Restricted Funds 2022 Total 2022 Donations Gift aid donations 4,376 19,808 24,184 5,619 22,105 27,724 4,376 19,808 24,184 5.619 22,105 27,724 io
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Flnanclal Statements Year ended 31 March 2023 Incomè from other tradSni actI¥Ie$ Unre5trlcted Funds 2023 Restrlrted Funds Z023 Total Llnre5tricted 2023 Fuftds 2022 Restrlrted Funds 2022 Total 2022 Chlld sponsorship Servbces Mis¢ellaneous In¢ome Z5,372 9,369 111,552 12,273 136,924 21,642 29.407 15.630 551 114.178 15.186 143,585 30,817 550 34.741 123A25 1S8.$66 45,588 129.364 174,952 Analy515 of expendfturè on Iharftable actlvlties 2023 2022 Charitable expenditure KCC fund expenditurt 0.186 178.071 76,585 135.941 258,257 215.526 Analysis of staff t05ts, Tru5t•es' remuneration and the cost of key managemtnt pEr50nnol 2023 2022 Salafies and wa8es 4Y.094 49.Q85 49.094 49.085 No 12022.. Nol employees had employee benefits In excess 01 £60,0. Pension cosis are all¢xaied io a[VIlle$ In proportion io the relaied stallin8 cosis Inc*Jrred and arewholly chaf8ed io vnresiri¢ted funds. Salar9 and wages tosts irtludes £32,91911022.. £33.S531 pald io one Trustee lor ser¥Trs in the year. Staff number5 2023 Number 2022 Number The average monthly number of employees durine the year was.. Administrative staff TaxatiDn The chafiiv is exempr from lax on income and 8ains lallin8 Wlthin seaion 505 01 the Taxes Att 1988 or settlon 252 01 IheTaxation ol Chargeable Gains Aci 1992 ro ihe emteni ihat these ale applied to its Charitab objects. li
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2023 10. Net incomellexpenditurel for the yezr 2023 2022 This is stated after charging= Independent Examiner fees- for independent examination 2,S75 2,520 11. Commitments under operating leases At 31 March 2023. the ch3rity had outst3nding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2023 2022 Land & Bulldln8S Within one year Two to five years Greater than five years 9,644 33,755 9,644 38,578 4.822 43,399 53,044 12. Tangible fixed assets oirice Equlpment Cost At l April 2022 Addition5 Disposals 1,500 At 31 March 2023 1,500 Depreciation At l April 2022 Charge for the year Released on disposal 1.500 At 31 March 2023 1.500 Net book value At 31 March 2023 At 31 March 2022 13. Debtors 2023 2022 Prepayments other debtors 2,6S5 259 2,903 85 2,914 2.988 12
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2023 14. Creditors: Amounts falling due within one year 2023 2022 Trade creditor5 Other taxes and social secuTlty eosts Accruals 75.015 56.285 832 1.570 2.575 77.590 58,687 15. Analysis of re5tricled charitable fund5 Funds at l April 2022 Funds at 31 March 2023 Incoming Resources Resources Expended Transfers Restricted funds KCC fund 38.318 143.633 1178,0711 3A80 The restricted fvnd is for the continuance of the Kampala Children's Centre IKCCI and child sponsorship therein. 16. Analysls of unrestrlcted Charltable funds Funds at l April 2022 Funds at 31 March 2023 Incoming Resource5 Resources Expended Transfers Unrestrlrted funds General funds 1,057 39,117 180,1861 140,0121 17. Reconciliation of net movernent in funds to net C35h flow from operating activitie5 2023 2022 Net movement in funds Increaselldecreasel in creditors Ilncreaselldecrease in debtor5 175,5071 18.903 72 19,8501 18.101 529 156.5341 8,780 18. Related party transaction5 A Muwonge wa5 paid a salary in the year of £32,91912022.. £33,553). 19. Analysis of net debt The charity had no debt during the year. 13
NATIONS DISCIPLESHIP ENTERPRISE Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 In¢ome: Sponsorship Service5 Gift aid donations Miscellaneous income 136,924 21.642 24,183 143,585 30.817 27.724 550 182,749 202,676 Ejtpenditure.. Donation5 to NDE Uganda Dues and 5ubscription5 Miscellaneous expenses Petty c3sh Professional fees Reni, rates and utilitSes Repairs and maintenance Stationery, p05ta8e and delivery Telephone Wage5 and 5alarie5 Travel 3nd other expenses Accountancy fees 177.618 2.026 1,117 150 6.230 11,935 1.543 457 714 49,094 4.032 3,340 135,836 3,616 3.212 100 5.671 7,664 1,599 836 811 49,085 2.570 2,520 258,256 212,526 Net out8oin8 resourtes forthe year 175.5071 19,8501 14