NATIONS DISCIPLESHIP ENTERPRISE TRUSTEES, REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2024 Charlty Number 1111488
NATIONS DISCIPLESHIP ENTERPRISE Contents Pay Members Of The Board And Professional Advisors Trustees Annual Report Independent Examiner's Report To The Trustees Of Nations Discipleship Enterprise Statement Of Flnancial Actlvities Ilncluding Income And Expenditure Account) Balance Sheet Notes To The Financial Statements The followlng pages do not fom) part of the accounts: Detailed Statement Of Financial Activities 14
NATIONS DISCIPLESHIP ENTERPRISE Members of the Board and Professional Advisors Re8lstered Charlty name Nations Discipleship Enterprise Charlty Number 1111488 Exttutive Committee A Muwonge D Harman S Taylor Reglstered Office 6 Broad Road Sale Cheshire M33 2AL Independent Examiner Mitchell Charlesworth (Audit) Limited Chartered Accountants rd 3 Floor 44 Peter Street Manchester M2 5GP
NATIONS DISCIPLESHIP ENTERPRISE Trustees Annual Report Year ended 31 March 2024 The Trustees present their report and the unaudited accounts of the charity for the year ended 31 March 2024. Reference and admlnlstratlve detslls Reference and administrative details are shown In the schedule of membefs of the board and professlonal athiisers on page l of the accounts. Truslees The trustees who sefved the charity during the period were as follows: A Muwonge D Harman S Taylor H Da Costa (Appointed 2W Aprll 20241 status Nation5 Disclpleship EDterprlse was constituted by a Declaration of Trust dated l June 25. O¥erview Thi5 report outlines the activitie5. achievements. and challenges faced by NDE-Network over the past year. highlighting our pro8ress in 8overnan¢e. straie8ic initiati¥es. and operational execulion. As trustees, our colleuive efforis have been focused on ensurin8 the sustainability. effertiveness, and lon8-term impart of the ministry across the network we serve. Oui Main Objective5 Nation5 Discipleship Enterprise is founded on a mi55i0n to alleviate poverty, and support the vulnerable children and communities of Uganda. The chariiy extends itself through tkstiny 8ridge Academy. Kampala Children's Centre IK.C.C.l. and Destiny Bridge Churches. Today. Kampala Children's Centre stands as a core project of the charity. Throu8h its medical centre, housing, primary and STEM Centre. it's offering vital relief from poverty. It compasslonately fosters the children in its care and equip5 thern with industry skills. It offers Workpla de10pment programs. creative courses and full acce55 to Destiny Africa Children's Choir International tour5. IV5 also investing in the cornmuntty. extending leadership. health care and skill de¥elopment programs boih locally and nari(ally. Governance Governance ha5 remained a cornerstone of our artivitie5. Tru5tee5 in the UK and Uganda have collaborated to align our goa15 and strategies while addressing region-specifit needs. Key areas of focus indude: Strate8Oc Dlrertlon: Trustees have played a pivotal role in 5hapin8 the chariWs strate8ic direction. ensurin8 ali8nment with our lon8-term vision and mlssion. Recrullment and Slaff Support: Enhanced recrultment processes and advocacy for sustalnable stsff funding to support our growing team. Core ObJertI and Actfvltles The charity considers the provision of housin& food. education and healthcare to vulnerable children as one ol its prlmary objectives. lis core values further include the rnentorin8 of young people and the trainin8 of church. business and community leader5. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general information on public benefit when reviewin8 the Foundation's aims and objectives and in plannin8 future activities. End of Year Report for the pefiod ended March 2024 NDE UK has continued to work hard to create prograrn5 and 5UPPOrt the work of Kampala Chiklren's Centre. Uganda. Our UK trustees. staff and volunteers have worked hard to ensure that UK administrative. govemance, and fundraising efforts are well coordinated and beneficial to the entire charity. In Uganda we have continued to gwe the best care to the most needy children and young people livin8 in Wakiso town council and its nei8hbourin8 communities throu8h our warm lovin8 ehSldren's home. Kampala Children's Cenire IKCCI and schools.
NATIONS DISCIPLESHIP ENTERPRISE Trustees Annual Report IConiwM*él Year ended 31 March 2024 Flnanclal revlew During the year, incorning resources tsised amounted to £257.505. Re50urce5 expended on the attivities of the charity amounted to E178,738. The clo5in8 fund balance 1$ 42.63. and will be utili5ed in the future for charitable activitie5. Financing The charity raises its funds from individua15. churche5 and well-wishers who subscribe to the philowphy of its cau5e5. Fund5 are raised for specific cause5. re5trirted or allocated as per donor preference. Due to the Shortage of full fundin8 for the tharitV5 pro8rams, the charity does not hokl a reserve account except ID the form of unused restrirted income which later 8ets allocated to the intended projerts. Key Athlevements Despite challenges, the tharity has achieved significant milestones: Chlldcare: Kampala Children's Centre continues to ihrive by Pfoviding care to Ofphaned and vulnerable children. ensuring a safe and nurturing environment for their growth and development. Health¢are: Significant efforts have Bone inlo ihe Destiny Medical Cenire. developed to serve the cenire, schi)ols, Destiny Africa. and the Wakiso community. Plans to ful open the medical centre to the broader communwty in 2025 remaln on track. Destlny Afrlca Chlldreft's Cholr: As part of the financial recovery sirategy. Ihe UK hosted the Destiny Africa Children's Choir'5 .1 Am Loved, tour from Ortober to December 2023. The retum to in-person performances rejuvenated tie5 Wlth supporters and slren8thened bonds with stakehoklers. Education: The charity continues to provide education through the Destiny Bridge Academ•es to children at Kampala Children's Centre, those resettled in the comrnunity but Slill In education. unlversty and colleges. and chlldren In elght other communities across the country. STEM Educatlon: The introduction of STEM educaiion at Destiny 8rid8e Academy has fostered innovaiion and equipped students with essentlal skills, preparing them for future opportunities.
NATIONS DISCIPLESHIP ENTERPRISE Trustee5 Annual Report Year ended 31 March 2024 Challen8es and Mltl8atlon Economic Volatility.. Economic challenges have imparted operations, but rttovery efforts through Destiny Africa and enhanced stakeholder engagement are showing progress. Skilled Staffing: Outsourcin8 and attrartin8 skills in critical role5 remains a priority. Flnandal Sustalnabllltr. Closing funding gaps is an on80in8 challenge. Innovative fundraisin8 Strategies and strengthened donor engagement are being prioritized to ensure program continuity- tours Lookin8 Forward to build on our progfess: Destlny Afrka Tour: Plan and exeCe another successful fundraisin8 tour to expand our reath and strengthen financial stability. Development of L)e5tiny Bridge Academy: Continue developing the academy to provide quality education and leadership opportunities for students. STEM Centre Development: Expand the STEM Centre to foster innovation and equip students with critical skills for the future. Sustainability Goals: Mobilize local resources and uiilize available assets to drive self-sufliciency and suxainabiliiy. Summary The past year has demonstrated the resilience and dedication of the NDE-Network team and ils trustees. Whlle challenges remain, our 5igntfic3nt achievements highlight our cornmitment to the children and communitie5 we serve. Looking ahead. we remain steadfast in our mission to inspire l)ope and transform lives through faith, education, and empowerment.
NATIONS DISCIPLESHIP ENTERPRISE Trustees Annual Report IConiwM*él Year ended 31 March 2024 Independent Examiner Having expressed a wlllingness to continue In offKe. a resolutlon for the appolntment of Mitchell Charlesworth will be proposed at the forthcomin8 Annual General Meetin statement of Trustees, Responsibilities The Trustees are responsible for preparlng the Trustees. Annual Repon and ihe flnancial statements In accordance wlth applicable law and United Kingdorn Accounting Standards (United Kingdom Generally Accepted Accounting Practicel. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial vear which give 3 true and lair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trullees are required to.. select Suitable accounting policles and then apply them eonslstently- observe the methods and principles in the Charities SORP: make judgements and estimate5 that are reasonable and prudent; state whdher applicable accounting standards have been followed, subject to any rnaterial departures disdosed and explained in the financial statements. prepare the financial statements on the going Concern basis unless it is inappropriate to presume that the charity will contlnue in operatlon. The Trustees are responsible for keepin8 proper accountln8 records that dix105e with reasonable accurac¥ at any time the financial p051tion of the charity and enable them to ensure that the financial 5taternents comply with the Charitie5 Art 2011. and the Charity IAccount5 and Report51 Regulation$ 2Crt)8 and the provisions of the trust deed. They are a150 responsible for safeguarding the a55ets of the charity and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. 8ned by Ofder of the Trustees D Harn Trustee
NATIONS DISCIPLESHIP ENTERPRISE Independent Examiner's Report to the Trustees of Nations Discipleship Enterprise I report to the charity trustees on my examinatlon of the accounts ol the charlty for the year ended 31 March 2024 which are set out on pages 7 to 13. Responslbllltles and basls of report As the charirf5 trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111.the Arfl. I report in respect of my examination of the chafitvs accounts carried out under section 145 of the Act and in carryin8 Qut my examination I have followed all the applicable Directions 8iven by the Charity Commission under section 145151{bl of the Independent examSnerfs StatenTht I have completed my examination. I confim) that no material matters have come to my attention in connection wrth the examination giving me cause to believe that in any material respert: accounting records were not kept in respect of the charity as required by settion 130 of the Act: or the accounts do not accord with those record5: or the accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2(Ki8 other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connertion wtth the examination to which attention should be drawn in this report in order to enable a proper understandin8 of the accounts to be reached other than that I draw attention to the Accountin8 Policy on Goin8 Concern in the financial statements. At the year*nded 31 March 2024 the Charity had a deficit on its unrestricted funds of £47.170 {31 March 2023.. a deficit of £40.012). As stated in the Accountin8 Policy on Going Concern these events or conditions indicate that a material uncertainty exists that may cast Slgnificant doubt on the or8anisation.5 ability to continue as a going concern. Jamlelee Johnston CA Independent Examiner Mitchell Charlesworth (Audit) Limited 44 Peter Street Manchester M2 SGP 2410112025
NATIONS DISCIPLESHIP ENTERPRISE Statement of Financial Activities (including income and expenditure accountl Year ended 31 March 2024 Unrestrfrted Restrkted Total Unrestricted Fund5 2024 Fund$ 2024 Funds 2024 Funds 2023 Restrlcted Funds 2023 Total Funds 2023 Notes Donations and le8acies 2.076 .401 15A77 4,376 19.8Q8 24,184 Other tradin8 activities 81.142 160M6 242.028 34.741 123.825 158,566 Total Income 83.218 174.287 257.505 39,117 143,633 182,750 Expefidire Expendilure on charitable activities 90.376 88362 178.738 80.186 178.071 258.257 Totsl expendltur• 9).376 178,738 80,186 178.071 258.257 Net Incomellexpendlture) (7.1581 85,925 78,767 141.0691 134.4381 175.5071 Net movement of funds In the year (7.158) 85.925 78.767 141.0691 134.4381 175.5071 Reconciliation olfvnds Total funds brought forward 140,Olll (36,1321 1.057 38.318 39.375 Transfer between funds Totsl lunds carrled forward 147.170) 42.635 140,0121 3,880 136,1321 The statemeni of financial actfvlties Sndudes all galns and losses recognised in the year All income and expenditure derive from continuin8 acttvities
NATIONS DISCIPLESHIP ENTERPRISE Balance Sheet As at 31 March 2024 31 March 2024 31 March 2023 Fixed a55ets Tangible assets Currenl assets Debiors Cash at bank and in hand 2.423 90,578 2.914 38,544 Credltofs: Afftourrts falllng due wtthln one ytar 14 153.210) 177.5901 Net current (liabilitie5)/a55ets 42,635 136.1321 Net assets 42,635 136,1321 The funds of the charfty Restricted income funds Unrestricted Income funds 15 16 89AOS 147.170) 3,880 140,0121 Totsl charity fund5 41635 136.1321 These financial slatements were approved by the members of the committee and authori5ed lor 155ue on the 2410112025 and ar¢ s*ned on thelr behalf by: D Harman Trustee
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2024 Company Informatlon Nations Discipleship Enterprise 15 a charity incorporated in England and Wales. The registered office is 6 Broad Road, Sale. Cheshire. M33 2AL Accountini Policies The Pfincipal accounting policies adopied. judgements and key sources of estimation uncertainly in the Preparation of the financial staiements are as follows.. Bas15 of preparatlon The financial statements have been prepared in accordance wilh Accountin8 and Reponin8 by Charities.. Statement of Recommended PTattice applicable to charities prepèrin8 their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191- (Chorities 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 sterling. which is the functional currency of the chartty. Monetary amounts in these financial statements are rounded to the nearest £. Nations Discipleship Enterprise meets the definition of a public benefit entity under FRS 102. A55et5 and liabilitie5 are nilla1 reco8nised at historical cost or tfansactTron value unless otherwise stated in the relevant accounting policy note(sl. Goi1¥ Concern The flnancial statements show a deficit balance on unrestricted funds of £47,170 at March 2024 Ideficit of £40,012 al March 20231. This is indicative that a material uncertainty exists which may cast doubi on the or8anisation's ability to Continue as a 8oin8 concern, Incoming resource5 All Incomln8 resource5 are included in the statement of financial activitles when the charity is entitled to the income nd the amount can be quantified wlth reasonable accurary. The followin8 speclfic policies are applied to particular categories of income. Donations and legacies are induded in full in the Statement of Financial Atttvities when re(eived. Expenditur• Expenditure is recognised once there 15 a legal or con5trurtive obligation to make a payment to a third party, it 15 probable that settlement will be required. and the amount of the obligation can be measured reliably. Expenditure is classrfied under the following actibyty headings.. Costs of raising funds are the dirert and indirect costs of raising funds for charitable Purposes. Charitable activitles include expenditure assocSaied wlth the provision of the ChariWs services and Include both the direct costs and support t05ts relatin8 to these activrties. Support costs include central functions and have been allocated to actNity cost ute8orie5 either directly where identifiable or on a basis of time spent on supportin8 and mana8ing Pfojects. Other expenditure represents those items not falling into any other heading. A¢¢ountin8 Pollcies Funds slructure Restrirted funds are funds subject to specific restrictive conditions Imposed by the donor or by the purpose of the contractlrnonies received. The purpose and use of restricted funds are set out in note 15 to the financial statements.
NATIONS DISCIPLESHIP ENTERPRISE General fund5 are unrestrirted funds. which are available for use at the disttetlon of the Trustees in furtherance of the general objectives of the charity. Flxed Assets All lixed a55ets are Included at net book value. Additions of a single item Of a group of similar items exceeding £500 are capitalised at COSt. The Trustees consider that the valuation remains appropriate as at 31 March 2024. Tangible fixed assets are depreciated over their estimated useful economic lives as follows: Fixtures and Ilttlngs- 2S% on cost Cash at bank and In hand Cash at bank and cash in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of acquislt+on or opening of ihe deposit or simllar account. Creditors and provisM)ns Creditors and provislons are recognised where the charity has a present obligation resultlng from a past event that wlll probably result in the transfer of funds to a third party and the amount due to settle the oblatIon can be measured or estimaled reliably. Crediiors and provlsions are rrMallY recognised at their settlement amount after allowin8 for any trade discounts due. FinaNial instruments The Charity only has financial assets and financial liabilities of a kind that quallfy as basic financlal instruments. 8asic financial instruments are initially reco8nised at transaction value and subsequently measured at their Settlement value with the exception of bank loan5 which are 5ub5equently measured at amort15ed c05t U5in8 the effective interest method. Judgements and key sources of estirnation uncertainty In the application of the Charitrfs accounting policies. the Trustees are required to make jtsd8emenis. estimates and assumptSons about the carryin8 amount ol assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historlcal experlence and other factors that are considered to be relevant. Actual results may differ from these estimates. The estirnate5 and underlying assumptions are reviewed on an ongoinE basis. ftevision5 to accounting estimate5 are recogni5ed in the period in which the estimate 15 revised where the rewsion affects only that period. or in the period of the revision and future periods where ihe re¥ision affects both current and future perbods. Income from donatlons and le8ades un$trIed Re5trirted Funds 2024 Funds 2024 Total Unrestricted 2024 Funds 2023 Restrirted Funds 2023 Total 2023 Donations Gift aid donation5 2,076 13,401 15A77 4,376 19.808 24.184 2,076 ,401 15A77 4.376 19.808 24.184 io
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Flnanclal Statements Year ended 31 March 2024 Income from other trading activities Unrestricted Fund$ 2024 Restricted Fund$ 2024 Total Unrestricted 2024 Funds 2023 Restricted Fund$ 2023 Total 2023 Child 5ponsorshlp Services 23,980 57,162 139,276 21,610 163256 78,772 25,372 9,369 111.552 12.273 136,924 21,642 81.14Z 160A86 242,028 34.741 123.825 158,566 Analysls of e¥pendlture on dmrliable aetlvltles 2024 2023 Charitable expenditure KCC fund expenditure 90.376 88,362 80,186 178,071 178.738 258.257 Analysis of staff costs. Trustees, remuneration and the cost ol key management personnel 2024 2023 Salaries and wages 49.094 50,863 49.094 No 12023: Pknl empl¢)yees had employee benefrts in exce55 of £60,CW. Pen5iOTr Costs are allocated to activitie5 in proportion to the related staffing costs incurred and are wholly charged to unrestrirted funds. Staff numbers 2024 Number 2023 Number The average monihly number of employees during the year was". Administrative staff Taxation The charity is exempi from lax on income and gains fallin8 Within sertion 505 01 the Taxes Act 1988 or sectlon 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its tharltable objertS. li
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2024 10. Net Incomellexpendlture) for the year 2024 2023 Thi5 15 Stated after charging: Independent Examlner fees- for Independent examlnailon 2.57S 11. Commttments under operailng leases At 31 March 2024. the charity had outstanding commitments for future minimum lease payments under non- cancellable operating leases. which fall due as follows.. 2024 2023 land & Bulldln¢s Within one year Two to five years Greater than five years 9.644 33.755 24,111 33,755 43,399 12. T1Ible fixed assets oirice Equipment C05t At l April 2023 Addition5 Disp05a15 1.5CKJ 2,968 At 31 March 2024 4,468 Oepredatlon At l April 2023 Char8e for ihe year Released on disposal 1.5CKI 124 At 31 March 2024 1,624 Net b¢>ok value At 31 March 2024 At 31 March 2023 13. Oebtofs 2014 2023 Prepayments Other debtors 2,655 259 815 Z,423 2,914 12
NATIONS DISCIPLESHIP ENTERPRISE Notes to the Financial Statements Year ended 31 March 2024 14. Credltors: Amounts fallin8 due wlthln one year 1024 2023 Trade creditors Other taxes and social Security costs Accruals 50.329 176 2.705 75.015 2.575 53,210 77.590 IS. Analys15 of restrkted charttable funds Funds at l April 2023 Funds at 31 March 2024 Incoffllng Resourtes Resources EMpendÈd Tr•nsfws Re5trlrted lunds KCC fund 174.287 188,3621 89.805 The restricted fund is for the continuance of the Kampala Children's Centre (KCCI and child sponsorship therein. 16. Analysls of unrestrkted th•rltable fvnds Funds at l April 2023 Funds at 31 March 2024 Incoml Resourtes Resources Expended Traner$ Unrestricted funds General funds {40.0121 83218 190.3761 (47,170) 17. Related party transartbons A Muwon8e was paid a salary In the year of £32.21XI12023: £32.9191. 18. Analy515 Ot net debt The charity had no debt durin8 the year. 13
NATIONS DISCIPLESHIP ENTERPRISE Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Income: Sponsorship Services Gift aid donations 163.256 78,772 15,477 136,924 21.642 24.184 257.505 182.750 Expendlture: Donations to NDE Uganda Dues and subscriptions Miscellaneous expenses Petty cash Professlonal fees Rent, rates and utilities Repairs and maintenance Statlonery, post38e and delivery Telephone Wages and salaries Travel and other expenses Accountancy fees Depreciation 88.033 2.469 1,426 177.618 2.026 1.118 150 6.230 11,935 1,543 457 714 49.094 4,032 8.638 10.104 1.285 126 50,863 11.659 2.705 124 178,738 258.257 Net out8oln8 resources for the year 78,767 175,5071 14