NSUMBI Trust
Charity No. 1112574
Report of the Trustees and financial statements for the year ended 31st December 2023
NSUMBI Trust
Contents
Charity Information.…………………………………………………………………………….…..1 Trustees Annual Report.………………………………………………………………………….…2 Independent Examiner’s Report…………………………………………………………………….5 Statement of Financial Activities………………………………………………………………...… 6 Balance Sheet………………………………………………………………………………………. 9 Notes to the Accounts………………………………………………………………………………10
Nsumbi Trust 1112574
Charity Information
Charity Name and Number Nsumbi Trust Registered charity number 1112574
Correspondence Address
PO Box 174 Sevenoaks Kent TN13 9AS
Trustees
Mr Paul Endersby Rev Tim Hatwell Mrs Deborah Haughton Mr Michael Manthorpe
Bankers
The Co-operative Bank PLC PO Box 101 1 Balloon Street Manchester M60 4EP
Page 1
Nsumbi Trust 1112574
Trustees Annual Report for the year ended 31st December 2023
Objectives and activities of the Trust
Nsumbi Trust was created in October 2005. The objects of the charity are to advance education, preserve and protect the good health and relieve financial hardship of children, young people and families living in Kampala, Uganda and the surrounding area, in such ways as the Trustees shall think fit.
For 2023 the charity has continued to support the Stephen Jota Children’s Centre near Kampala in order to help families affected by poverty and illness and has also provided support to Sozo High secondary school that has similar needs.
Management and governance arrangements
The trust deed provides for a minimum of three trustees. The chair of trustees is responsible for the induction of any new trustee which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures, the history and approach of the charity. A new trustee would receive copies of the previous year’s annual report and accounts and a copy of the Charity Commission leaflet ‘The Essential Trustee: What you need to know’.
The trustees annually review the risks that the charity faces and will continue to review procedures to reduce risk as the income available to the charity increases.
Statement of trustees' responsibilities
Charity law requires the trustees to prepare financial statements for each financial year that show a true and fair view of the state of affairs of the charity and its financial activities for that period.
In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
Procedures and policy for grant making
The trustees meet at least three times a year to consider and review the grants they make taking into account the receipts and payments of the charity. The trustees consider applications for funds by assessing how the funds will be used and what will be achieved. The trustees always seek feedback from the beneficiaries in order to monitor the quality of the grants made.
The charity’s principal source of funds is from individual supporters, churches and schools through donations and child sponsorship. Child sponsorship money is generally collected through monthly standing orders and transferred to Uganda monthly. Other funds received are accumulated towards the work of the projects decided by the trustees and transferred to Uganda on a regular basis. A reserve of £500 is maintained in the bank account.
Page 2
Nsumbi Trust 1112574
Trustees Annual Report for the year ended 31st December 2023 (continued)
Achievements and performance of the Trust
Nsumbi Trust continued its support of the Stephen Jota Children’s Centre (SJCC) that offers schooling for up to 400 children from Nursery to Primary 7. Liaising with the Board of Directors and the Sponsorship Coordinator (Norah Koche) who are all in Uganda, the trustees have provided guidance on the running of the Centre, financial accountability and the safeguarding and welfare of the children.
Nsumbi Trust runs a child sponsorship scheme that raises funds to cover school fees, regular meals, health care and the development of facilities at the Centre for the benefit of all the children. 33 children at the primary school were supported by individual sponsors during the year with other sponsors supporting the school in general.
Sozo High Secondary School, also set up by Stephen Jota, provides accommodation and education to ‘O’ level plus training in farming. Child sponsorship by Nsumbi Trust for the secondary education of 27 children contributed to food, school fees and teachers’ salaries. A further 22 young people who previously attended SJCC were sponsored by Nsumbi Trust at other institutions for skills training and studying at University.
In December, Nsumbi Trust launched a Christmas appeal that raised over £3,200 and enabled more than 200 food boxes to be distributed to vulnerable people.
The Community Hub project in partnership with Family Believers Church (“FBC”), in a disadvantaged neighbourhood in Kampala, continues to help young school leavers to gain skills for employment. The Hub has helped more than 60 young people since it began in 2020. In February 2023, the S4 students graduating from Sozo High with O-levels were given career advice including the possibility of joining the vocational education program offered by the Hub. Some opted to do A-levels, either at Sozo High or at local schools, and Nsumbi Trust worked with our sponsorship co-ordinator to facilitate the choices made by students. 7 students opted for vocational training including hairdressing and tailoring as well as computer literacy, windows and office applications, phone repairs, photography and video editing.
The Hub is now registered as an assessment centre accredited by the directorate of industrial training. The project runs from the back of a shop which sells phone accessories and offers phone repairs as well as other tech items. The shop doubles as a drop-in centre for youth activities including the local football team Nakulabye United.
One of the trustees, Paul Endersby, visited Uganda in February, May and July 2023. The main purpose of these visits was to facilitate the visit in July by a group of sixth form students from Royal Russell School in the UK to help regenerate a school in Kiboga district. The school is immediately adjacent to the Maize Mill.
The Maize Mill, which was built several years ago using funds donated through Nsumbi Trust, was in operation again during 2023. The Mill continues to provide a place where local people can get the maize they have grown milled at a fair price.
The trustees confirm that they have regard to the Charity Commission’s guidance on public benefit.
Page 3
Nsumbi Trust 1112574
Future plans
The trustees intend to continue providing grants in a similar way to the recent past.
The Memorandum Of Understanding (MOU) that was agreed between SJCC and Nsumbi Trust in August 2017 will be reviewed with the SJCC Board of Directors to ensure effectiveness and adherence.
Independent Examiner
The trustees thank the independent examiner for his time and diligence in reviewing the accounts.
Signed on behalf of the trustees
Signatory: Michael Manthorpe Dated: 1[st] February 2024
Page 4
Nsumbi Trust 1112574 Indopnd•nt examln•r'8 r•port to th• trust•e• of Nsumbl Trust I rewl to the tru8lee8 on rny •xwnlnaiion of the accounts of N•umbi TnAt (IM Tiust) for th• ye•r 31 2023, oui M p)09 6 to 11. R••ponthllltkn and b•81• ol rnport A• fv canty Irust••8 ol Trust Y{ •r• rnwon••19 f¢1 Iho prep¥atlon ol aC<ts ccordarK• wlth Ihe Charities Acl 2011 ('the Act.). I report In r•strtt of my exam1 of the TfusI'8 accots c•Thknl urthr MclKffi 145 at Ihe 2011 Act arKI in c8rying Out my examinaiion I rthe folknwed all ttr appfKab thr•ctlo Iven ty Chority Com•GK)n urM•r 8•clk>n 145<5)(b) of fv Acl. The proc•Jures urmjertaken do nol wovloè all Ih •VKletKe that would be r•quirod a1, •nd ¢uentlY no i• glven as to ether the occourrtfj repro•ont • 1r •rnJ fair VW and tho fowl Is Ilrnrted to ttKX mallern •et in thè athinI bolow. Ind•p•nd•nt •x•mlnrf• •tat•m•nt I efffiplètéd my examlnatlon, I confimi that n) matèrtai matters have c(yne to ry attentwi In connecb'on with the examwwtion giviry mè U5• tc b8kove th&t in ony malérial fespect; 1. a¢cwntiw re¢orrl• not kept in Tnt M requir by Mclkffi 130 of the Act; or 2. th• acmmiing records do not vdth Ilwo r•crd8. I ha no corwns and have come acyoss no otsr rnatté(s In ccfjn8ctiM ex8rnination to whlch allenlion slNJuld be drwwn In Ihffj rep)rt In Nder to enabbe a proper under6tsndlng of t1 accowts lo be rexhed. Slgned: hn Webstsr Rdevant WDfeg8Kmal qualificati. FCI AddreB• H4hl•rwJ•, Try(wall Lw*. Ightsm TN15 gHL 1&.10.3+ Page 5
Nsumbi Trust 1112574
Statement of financial activities for the year ended 31st December 2023
| Unrestricted Incoming resources Note Funds £ General giving 18,134 Gift Aid 4 12,083 Child sponsorship 7 - SJCC - - Sozo High - - Other Sec Schools - - University - - Blessed family - - Employment - - Amompire Christine - Welfare Support - Christmas Food Boxes Appeal - Personal support to Stephen Jota - Two Bridges School - FBC Community Hub - Jill Adkin Scholarship Fund - Norah Koche house - Leavers Bibles - Patrick Bagume support - Royal Russell School - Other - __ Total incoming resources 30,217 __ |
Restricted Funds £ - - 27,127 9,277 5,474 0 720 350 0 0 3,443 2,430 0 6,032 0 0 500 100 14,134 115 __ 69,703 __ |
2023 Total £ 18,134 12,083 27,127 9,277 5,474 0 720 350 0 0 3,443 2,430 0 6,032 0 0 500 100 14,134 115 __ 99,920 __ |
2022 Total £ 11,263 16,176 27,064 16,450 3,402 0 1,192 600 5,000 1,000 3,926 650 300 2,100 740 5,000 500 0 0 230 __ 95,594 __ |
|---|---|---|---|
Page 6
Nsumbi Trust 1112574
Statement of financial activities for the year ended 31st December 2023
| Unrestricted Resources expended Funds £ General 5 6,158 Running Costs / Child sponsorship - SJCC 273 - Sozo High 873 - Other Sec Schools - - University - - Blessed family 3,986 - Employment - Welfare Support 293 Christmas Food Boxes - Personal support to Stephen Jota - Two Bridges School - FBC Community Hub - Jill Adkin Scholarship Fund - Norah Koche house - Leavers Bibles - Patrick Bagume support 545 Royal Russell School Uganda projects - Other 71 _ Total resources expended 12,199 _ |
Restricted Funds £ - 27,427 9,277 5,565 - 720 350 0 3,411 2,430 - 5,341 605 2,500 440 100 14,134 115 _ 72,415 _ |
2023 Total £ 6,158 27,700 10,150 5,565 0 4,706 350 293 3,411 2,430 0 5,341 605 2,500 440 645 14,134 186 _ 84,614 _ |
2022 Total £ 5,811 52,150 20,090 6,131 0 7,807 600 1,000 3,926 650 652 3,447 197 2,500 409 586 0 410 _ 106,367 _ |
|---|---|---|---|
Page 7
Nsumbi Trust 1112574
Statement of financial activities for the year ended 31st December 2023 (continued)
| Unrestricted Funds £ Net (outgoing) / incoming 18,018 Reconciliation of funds Total funds brought forward 888 _ Total funds carried forward 18,906 _ |
Restricted Funds £ (2,713) 15,269 _ 12,556 _ |
2023 Total £ 15,305 16,157 _ 31,462 _ |
2022 Total £ (10,774) 26,931 _ 16,157 _ |
|---|---|---|---|
The notes on pages 10 to 11 form part of these financial statements.
Page 8
Nsumbi Trust 1112574
Balance Sheet as at 31st December 2023
| Note Current Assets Cash at bank and in hand Net Assets Represented by Unrestricted funds Restricted funds 7, 9 Total funds |
2023 £ 31,462 _ 31,462 _ 2023 £ 18,906 12,556 _ 31,462 _ |
2022 £ 16,157 _ 16,157 _ 2022 £ 888 15,269 _ 16,157 _ |
|---|---|---|
The financial statements on pages 6 to 11 were approved by the trustees on 1[st] February 2024 and signed on their behalf by:
Michael Manthorpe Trustee
Page 9
Nsumbi Trust 1112574
Notes to the accounts for the year ended 31st December 2023
1 Principal Accounting Policies
a) Accounting Convention
The accounts have been prepared on the receipts and payments basis. The accounts are in accordance with the Charities SORP 2005 (Accounting and Reporting by Charities) and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
b)
Gift Aid
-
Gift aid reclaimable on donations to the charity is included in the year of receipt.
-
c) VAT
-
The Trust is not registered for VAT
d)
Fixed Assets
- The Trust has no fixed assets. All funds, excluding costs, are forwarded to beneficiaries in Uganda.
2 Taxation
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
3 Investments
The only investment is funds held on escrow for the Stephen Jota Children’s Centre and other beneficiaries in Uganda, in the bank account.
4 Gift Aid
Tax rebates are reclaimed from Her Majesty’s Revenue and Customs (HMRC) where the donor provides appropriate evidence and are applied to general unrestricted funds. Gift aid from direct donations to the Trust is claimed annually in arrears from HMRC. During the year the Trust received £12,083 (2022: £16,176) in tax relief from direct donations, which is included in the unrestricted income.
Additional gift aid was received, net of deductions from the Stewardship fundraiser, for the Christmas Food Boxes Appeal and retained for those purposes.
5 Employee Costs
The Trust has one part-time employee, Gemma Dobbs, who is employed to promote the charity and carry out the administration of the Trust including the child sponsorship scheme. In 2023 the costs were £5,599 (2022: £5,155).
6 Related Party Transactions
None of the trustees were paid any remuneration by the charity during the year.
7 Restricted Funds
Money received from child sponsorship is regarded as restricted and allocated to the institution where the child attends. For nursery and primary education this is the Stephen Jota Children’s Centre. For secondary education, this is usually Sozo High secondary school although in a few cases children are supported at other schools or colleges. Some of the sponsored children who are without parents are known as the “Blessed family” and specific funds are received for their additional needs.
Page 10
Nsumbi Trust 1112574
Funds that are provided by donors for a specific purpose, e.g. Christmas Food Boxes, are shown as Restricted Funds.
In 2022, a restricted fund of £5,000 was received for the sponsorship of Amompire Christine, one of the Blessed family. £300 was transferred to child sponsorship for the year 2023.
8 International Payments
A monthly payment is sent by SWIFT to the SJCC bank account in Uganda, routed via a correspondent bank. Although the banking system is considered the safest route for making payments, the UK bank makes it clear that these payments are made at the risk of the sender.
Payments of less value are made to beneficiaries in Uganda via World Remit which has proven to be cheaper and easier for beneficiaries to access the funds. The trustees ensure the accountability of all payments through trusted sources providing financial reports, copies of receipts and photographs of goods purchased.
9 Analysis of fund assets and liabilities
| Unrestricted Funds £ General 18,906 Sponsorship: Other Secondary schools - FBC Community Hub - Jill Adkin Scholarship Fund - Amompire Christine education - Norah Koche house - Leavers Bibles - Christmas Food Boxes - _ Total funds carried forward 18,906 _ |
Restricted Funds £ - 589 3,833 3,551 4,400 0 151 32 _ 12,556 _ |
2023 Total £ 18,906 589 3,833 3,551 4,400 0 151 32 _ 31,462 _ |
2022 Total £ 888 680 3,142 4,155 4,700 2,500 91 0 _ 16,157 _ |
|---|---|---|---|
Page 11