REGISTERED CHARITY NUMBER: 1114602 Re ort of the Trustees and Financial Ststements for the YeaT Ended 30 June 202 Friends of North fi ezi Diocese Bennewith 2018 Limited tla A J Bennewith & Co Upper Ground Floor 18 Famham Road Guildfor(J Surrey GUI 4XA
Friends of North ezi Diocese Contents of the financial Statements for the Year Ended 30 June 2024 Page Report of the Trustees I to 4 Independent Examiner's Report ststement of Finanual Activities Balan Sheet Note5 to the financlal Statements 8 to 11
Friends of North fi ezi Diocese ort of the Trustees for the Year Ended 30 June 2024 The trustee5 present their report WFth the financial ststements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accountin8 and Reporting by Charities: Ststement of Recommended Prattice applicable to charities preparing their actounts in accordance with the Financial Reportin8 Stsndard applicablÈ in the UK and Republic of Ireland IFRS 1021 leffettive 20191. 08JECTIVES AND AcfiviTIES Objectives and Artivities For the public benefit to promote the education (including social and physical trainingl of children and young people in North Kigezi Diocese in such ways as the charity Trustees think fiL including by- l. Awarding to such persons scholarships or maintenance allowances tenable at any university, college or institution of higher education through sponsorships. 2. Providing their education (including the study of music or other arts). to undertake travel in furtheran of that education or to prepare for entry to any occupation, trade or profession on leaving any educational estsblishment. 3. The relief of financial hardship among people including abandoned children and impoverished families, living or working in North Kigezi Diocese by providing such persons with goods/services which they could not otherwise afford through lack of means and by making allowances of money for providin8 or payin8 for item5. service5 or facilities. 4. To preserve and protert the health of people living in North Kigezi Diocese by providing and as515tin8 in the provision of facilities, support sernice5 and equipment not normally provided by the statutory buthorities. To advènce the education of the public in health care by the provision of infonnation, training and letture5. Page I
Friends of North Ki ezi Diocese Re ort of the Trustees forthe Year Ended 30 June 2024 OBJEcfivES AND AcfiviTIES SiEnifitaftt activities and Public benefrt Tho charity operate5 in South Western Uganda and has a number of projects desFgned to achieve its aims and undertaken forthe public benefwL A summary of these is: CHILD EDUCATION SPONSORSHIP There are currently three parts to this scheme, one sponsors the education of children at primary school age and another part sponsors the education of children of secondary school age. The third part sponsors the children at nursery school age. UNIVERSITY, FURTHER EDUCATION AND VOC4TIONAL The charity also sponsors a number of recipients on further education, vocational and unwersity courses. SPONSOR TO LIVE Aimed at orphan children or those in deprived families. The charity provides these children with some of their basic needs such as a blanket and mattress, clothin& food. medicines. basic health care, and contributions to School fees etc. HOUSING FOR ORPHANS This is part of the charity's plan for improvement of a village providing accommodation ftjr orphan children. Initially the charity Was providing basic three bedroomed house5 of traditional construrtion to house six children and a carer. However, the charity has now construtted a 50 place transitional care centre as a more practical solution to the problem of providing shelter for orphan children and children at risk and this has now been operating very successfully since its opÈning in July 2012. The charity's policy in partnership with the local probation service (responsible for social services) is to safely return these chlldren to their community as soon as p055ible. CLINIC The charity compliments the work of the Rugarama Clinic with its own subsidiary village clinic at Bucence which seNes the surrounding area and provide5 primary care to the children on its sponsotship schemes. OTHER PROJEcrs The charity carries out numerous other projects some of which involve taking or shipping clothift& blankets, shoes etc to Uganda, the carrying out of teaching workshops and hygiene education for rural communities, and provision of fresh water tanks and toilet blocks for communities and local schools. Soclal investments The major investment of our tharity Is In the education of poor. orphan and abandoned children together with nece553ry sUPPOrt facilities in their rural and remote villages. Grantmaking It is not the policy of FNKD to make grants. Volunteers In the UK our volunteers are mainly focused on fundraising events and collectinE and making items suitable for use for our children. In Uganda our volunteer5 are focused on assisting in the running of local events for our village children including centre days where children come together for prayer, dancing and singinE and the sharing of porridge. A considerable number of supporter5 of the charity have vislted the charity's work in Uganda over the years since the harity wa5 founded and on many occasions they have provided valuable voluntary work and subsequent financial 5UPPOrt. The trustees wish to express their thanks and appreciation for this additional sUPPOrt. Page 2
Friends of North Ki ezi Diocese RÈ ort of the Trustees for the Year Ended 30 June 2024 ACHIEVEMENT AND PERFORMAN Charitsble actlvitiès The main achievements of our charity is the bringing of hope to a rural area of South Western Uganda where life Èxpertancy is now running at approximately 52 years. This has been brou8ht about by our investment in rur31 facilities such a5 latrines, water tanks, village homes aftd assistance with school fees. It has proved to be a most popular way of tackling both poverty and education and the charity has been nominated number one by the local sub county covering its area of operation. Our approach has been to atternpt to bring affordable solutions to everyday issues and wherever possible grow self-help groups. Across the wide range of support facilities pioneered and managed by our charity we have satisfied ourselves as trustees that we are happy with the overall performance of FNKD. Fundraising artivtties Fundraising is and always has been a challenging item for our charity. Our policy has always been to give good and meaningful feedback to our supporters and sponsors and this has led u5 in the main to satisfactorily achieve our fundraising goals. Investment performance As a charity we have no financial investments due in the main to thevotslity of the exchange rate between the UK and Uganda, FINANCIAL REVIEW Financial position Both during the year and at the financial reporting year end, the Charity retains a sound level of funds for our ongoing and future operations. Prin¢ipal funding sources The principal sources of our funds are from individual people, social groups. churches, schools, and other thrlving group5 and organisation5. ReSeThS policy For 3 charity that relies for its income from ind¢vidual sponsors we are always aware that Sponso can cease their support without notice or cause. For this reason we have developed a reserve poliry to tske care of the school fees that will be hindered by such a loss. For without the provision of the timely payment of children's school fees our children are summarily sent home and acce55 to education 15 denied. Our experience has shown that 8 reserve policy is fundamentsl to our success. Each year we attempt to achieve a reserve poliLry approximatin8 to our annual level of income. Going Concern Both our trusteeship and financial position is in good order. Those involved with the charity are workin8 very hard as volunteers and leave us with no current conM5 for the future of our work for our charity. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity which is a registered charitable unincorporated organisation.is governed by a trust deed dated 29 July 2006 and amended by resolution dated 27 February 2021. Recruitment and appointment of new trustees ASI trustees are appointed when necessary and are given suffioent training on appointment. Decision making The charity is controlled by the trustees. REFERENCE AND ADMINISTRAnvE DAlLs Registered Company number 1114602 (England and Walesl Page 3
Friends of North K" ezi Diocese Re ort of the Trnstees for the Year Ended 30 June 2024 RÈgistered Charity number 11146C12 Registered office 93 Elmcroft Road Ipswich Suffolk IPI 6ND Trustees K Berkin R Harris I Catterick W Catterick M Muir M Beard P Beard Independent Examiner Ai Bennewith FCA, FCPA. FFA, FIPA. DChA, FRSA Upper Ground Floor 18 Farnham Road Guildford Surrey GU14X 08. 04. 2025 Approved by order ofthe board of trustees on............................................. and si8ned on its behalf by., R Flarrls-Trustee & Chalr Page 4
Inde endent Examiner's Re Friends of North Ki ort to the TTU5tees of ezi Diocese Independent examiner's report to the trustees ot Friends of North Kigezi Diocese ('the Companrf) I reportto the charity trustees on my examination of the accounts of the Company forthe year ended 30 June 2024. Responsibilitie5 and basis ot report As the charity's trustees of the Company land also its dirertors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Art'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your tharity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Art'l. In carrying out my examination I have followed the Directions given by the Charty Commission under Settion 14515) Ib) of the 2011 Att. Independent examiner's Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respett of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records: or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered a5 part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the statement of Recommended Prattice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. A J Bennewith FCA, FCPA, FFA, FFfA, FIPA, DCh& FRSA Upper Ground Floor 18 Farnham Road Guildford Surrey GUI 4XA Date: 08.04.2025 Page 5
Friends of North fi ezi Diocese ststernent of Financial ActivitiÈs forthe Year Ended 30 June 2024 30.6.24 30.6.23 Total funds UnrestrittLed funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 98.009 82,524 Other trading activities Investment income Other income 712 156 149 124 22 Total 98,877 82,819 EAPENDITURE ON Charitable artivities Charitable 96,186 102,668 Other {5271 Total 95.659 102,668 NET INCOMEIIEXPENDITURE) 3,218 119,8491 RECONCILIATION OF FUNDS Total funds brought forward 72,891 92,740 TOTAL FUNDS CARRIED FORWARD 76,109 72,891 The notes fomi part of these financial statements Page 6
Friends of North fi ezi Diocese Balano Sheet 30June 2024 30.6.24 Unrestricted funds 30.6.23 Tota funds Notes CURRENT ASSETS Debtor5 Cash at bank 6,519 71,390 3,917 70,654 77,909 74,571 CREDITORS Amounts falling due within one year 11,8001 11.6801 NET CURRE ASSErs 76.109 72,891 TOTAL ASSETS LESS CURRENT UABIUTIES 76,109 72.891 NET ASSETS 76,109 72,891 FUNDS Unrestritted funds 76.109 72.891 TOTAL FUNDS 76,109 72,891 The charitable company is entltled to exemption from audit undersettion 477 of the Companies Act 2006 for the year ended 30June 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companie5 Act2006. The trustees acknowledge their responsibilities for (al ensuring that the charitsble company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing finaneial statements which give a true and fair view of the stste of affairs of the charitable company a5 at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sertions 394 and 395 and whith otheise comply with the requirements of the Companies Act 2006 relating to financial ststsments. so far as applicable to the charitsble company. (bl These financial statements have been prepared in accordan with the provisions applicable to charitable companies subjert to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on .S.-..o*._.2o.Z.g . and were 5i8ned on its behalf by- R Harris-Trustee& Cha iotes form part of these financial statements Page 7
Friends of North ICI ezi Di0Se Notes to the financial Statements for the Year Ended 30 June 2024 ACCOUNTING POLICIES Basis of prèparing the financial statements The financial statements ofthe charitsble company. which is a public benefst entity under FRS 102, have been prep2rÈd in accordance with the chariti SORP IFRS 1021 'Accounting and Reporting by Charitie5= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicoble in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared underthe historical c05t convention. Income All income is recogni5ed in the Ststement of Finanoal Activities once the charity has entitlement to the funds, it is probable that the income will be received ènd the amount can be measured reliably. Expenditure abilities are recognised as expenditure 35 soon as there is è legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement nd the amount of the obliEatlDn can be measured reliably. Expenditure is accounted for on an accruals ba515 and has been classified under headings that 3g8re8ate all c05t related to the category. Where costs cannot be directly attributed to particular headings they have beÈn èllocated to artivities on a basis con515tent with the use of sOUrces. Taxation The charity is exempt from corporation tax on its charitable attivities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the natu and purpose of each fund is included in the notes to the financial Statements. OTHER TRADING ACTIVMES 30.6.24 30.6.23 Craft, honey, shop income 712 149 INVESTMENT INCOME 30.6.24 30.6.23 Deposit account interest 156 124 Page 8 continued...
Friends of North Ki eli Diocese Notes to the Financial Statements- tontinued forthe Year Ended 30 June 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 Jvne 2024 nor for the year ended 30June 2023. Trustee5' expenses Two trustees have incurred charitable expenses in the year ended 30th June 2024. These expenses have been wholly for the purposes of their work with the charity- Such expenses in thi5 period totalled £6.928 for flights, travel and accommodation, £35 for gifts for staff in Uganda and £18 printing and stationery. The same two trustees contribute to some of the expenses through donations made to the charity. Trèvèl to Uganda is necessary to maintsin a strong bond between those in charge of governance and the workforce and ro oversee operations in U8anda. STAFF COSTS Staff costs including Ugandan tsxes for the year ending 30 June 2024 totalled £17,63912023.' £18,395). There were an average of 12 employee5 in 2024 and an average of 12 employees in 2023. All paid employee5 are based in Uganda and there is a mixture of full and part-time employees. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivmES Unrestrirted funds INCOME AND ENDOWMETrifs FROM Donations and legacies 82,524 Other trading artivities Investment income Other income 149 124 22 Total 82,819 FXPENDITURE ON Charitable actrvities Charitable 102,668 NET INCOmE/(ExPENDURE} 119,8491 RECONCILIATION OF FUNDS Total funds brought forward 92.740 TOTAL FUNDS CARRIED FORWARD 72,891 Page 9 tontinued...
Friends of North Ki ezi Diocese Notes to the Financial Statements- tontinued for the Year Ended 30 June 2024 DEBTORS: AMOUPtrs FALUNG DUE WITHIN ONE YEAR 30.6.24 30.6.23 Gift aid recoverable 6,519 3.917 CREDITORS: AMouKfs FALUNG DUE WITHIN ONE YEAR 30.6.24 30.6.23 Accrued expenses 1,800 1.680 MOVEMENT IN FUNDS Net movement in ftsnds At 30.6.24 At 1.7.23 Unrestricted funds General fund DESIGNATED 4,042 68,849 10,170 16.9521 14,212 61,897 n.891 3,218 76,109 TOTAL FUNDS 72,891 3,218 76.109 Net movement in funds. included in the above are as follow5: Incoming resources Resources expended Movement in funds Unrestricted funds General fund DESIGNATED 98,877 188,7071 16,9521 10,170 16,952) 98,877 195,6591 3,218 TOTAL FUNDS 98,8n {95,6591 3,218 Comparattves for movement in funds Net movement in funds Transfers be1ween funds At 30.6.23 At 1.7.22 Unrestricted funds General fund DESIGNATED 11.884 80.856 (10.086} 19,763} 2,244 12,2441 4,042 68,849 92,740 119,8491 72,891 TOTAL FUNDS 92.740 119,8491 72,891 Page 10 ontinued...
Friends of North ICI ezi Diocese Notes to the finanual Statements- continued for the Year Ended 30June 2024 MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows- Incoming resources Resources expended Movement in funds Unrestricted funds General fund DESIGNATED 6.457 76,362 116,5431 186.1251 110,0861 19,7631 82,819 1102.6681 119,8491 TOTAI FUNDS 82,819 1102,6681 119,8491 io. RELATED PARTh DISCLOSURES There were no related party transattions for the year ended 30 June 2024. Page 11