SpotllEht on Africa Trustee< Report and finarKial Statsments For the year ended 31 March 2024 SP TLIGHT ,FRIC Charity numb•r: 1117595
Spotllght on Africa Contsnts Legal and Adminlstrative Information Report of the Trustees Independent Examinerfs Report 12 Statement of Financlal Activityes 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the financial Statements 16
Spotlight on Africa Lezal and Admlnlstratlve Infomkiti Charity number 1117585 Regtered Office Annables Grange Annables Lane Harpenden AL5 3PR Trustses Hefin Rees KC Dr Bethan Rees Wendy Howson Laura Bailey William Treasure Wendy Brampton Scott Cowan Simon Taylor Nadine Kaneva Philip Lee Harvey Secretsry Sallyann Boschetti Independent Examiner Roger Cox FCA Miller & Co Chartered Accountants 5 Imperial Court Laporte Way Luton LU4 8FE Bankers HSBC UK plc I Cei)tenary 54U¢irE Birmingham BI IHQ Key management personnel Chalr: Hefin Rees KC TreaSur. Paul Holmes
SWlight on Afrka Report of the Trustees for th• y•aY •nd•d 31 Marth 2024 The trustees present thelr report arKI the financial statements for year ered 31 March 2024. Objectives and Artlvltles The objectlve of Spjtltght on Africa °SoA" is to improve the livelilK)ods and opportunities of the population of Mbale through the ft)Ilowing actNities: Improved healthcare with particular focus on Immunizatlon of thildren. maternity r2re and controls against malaria AcTrss to education from prlmary school through to advanced skills in Technology Improved access to water, 5anttstion and hygiene Economic empowerment through relevant sknlls training
Spotlight on Afrlca Report of the Trustees for the year ended 31 March 2024 Achlevements & Performance in 202312024 In 202312024. Spotlight on Africa had another succeÈgFul year. We have continued to deliver highly impactful projects in Uganda in {1} healthcare, (li} education. {iii) water, sanitatÈon & hygiene {YASH°l. and liv) economic empowemient. We have built upon the foundations established in previous years and deliVed significont impact 4cross all project areas to the poorest of the poor in Africa. We have introduced key perfonnance metrics in 2023-24 to measure our efficiency & effertiveness, as noted below and we are proud of our achievements. Units Co#per Uiit 787 4813 18 97 31 24,717 85.718 51J30 a277 14 4% 3% s)(d Childrta £52 £89 ha% & VC ComY[ul Bukasak a Ele8tthcliTric E(x)nomic E TF Cell 251 3.732 3.127 1.708 Sby]ellts 120 534 Ix £17 &Othef 137 67 17 229 217175 1(4 34% 16% 12 Primery 5th(M)I proFL*8 l J28 &770 39 759 So 98 341AT2 57 sJ% 41 OverlLud&" Administrntionco T5% 3% 193.844 19.061 18% 14 14 'IDtsI ex Construction projects represented just over half of total expenditure for the year. Administration. financin8 & fundraising costs were 20% of total expenditure. Financlng costs refers to provldine the finance to enable the Primary school to repay a103n it took out during Covid. In calculating the key perf0mart metrics these Financin8 Costs have been allocated solety to the Primary school. The other overheads (Administrative & Fundraising) have been allocated pro-rata to the directly incurred costs. The opening ceremony costs within construction followed the completion of the IT nt.
Spotlight on Afrlca Report of the Trustees for the year Énded ai Matth 20 erati activlties In Healthcare Sadly, Uganda has one of the highest Maternity Mortalrty Rates and Neo-Natsl MortalÈty Rates in the world, and this facility, which is the only heatth facilty in the whole of Mbale that 15 open 24n. makes a very si8nificant difference in reducing those rates. In 2023-24". 12.214 maternal attendan5 from 3,606 mothers attending the clinic 563 safe deliveries carried out in the clinic 1,236 women attendin8 famity plannlng Sessions Looking foTh¥ard to 2024-25 we will be fund-raising to augment the facilty with fijrther equipment to 5UPFKIrt more complex delsveries. In 2023-24 our Community Health outreach programme completed 17,849 vaccinatlons: - 9,065 children under 5 immunized aeai115t polio as part of the polio campaign - 723 girls aged 10 years old immuniied a8ainst - 8.061 other children through outreaches In 2023-24 the Bukasakya Health Centre: immunized 2,935 babie5 - immunized 10,755 - dewormed and gave vitamin A to 5,975 chlklren - provided 2,772 anti retroviral treatrnents and associated counselling - provided 5,339 malaria tests In Education Our primary school provides education for over I,¢J)O chlldren who would not otherwise go to school. We supplement the fees it charges so that it is financial viable and offers a high qualtty of education (it raiiked 71h out of 280 schools In Mbale DrIcE). Within that number are 151 Orphans and Vulnerable Children (the -OVC Projecf). who are ftd, cared for, and supported financial and emotionally. In addition in 202>24: 25 OVCS received Medical care 75 households for OVCS were vlstted 120 OVCS were provided with psychological care & support In Economic Empowemient 111 2023-24 some studenrs were trained in carpentry The faclllty was a150 used to train seamstressing and agricultural skilts. Icr Centre The Icr centre opened in 2023-24 and alreadv 534 students have gradiixtpd through our techno108Y training programme givlng them key skills ar improved employment opportunities. Water, Sanftatlon, and Hygiene {*Alash") We provide clean water for use in toilets, showers, and drinking water fountains to the children at our Primary school and to the Boyg & Girls Dormitories.
Spotlight on Afrka Report of the Trustees for the year ended 31 March 2024 We have also drilled a deep borehole for our forthcoming secondary school, whtch will be able to provide clean water for its and the sumjunding community. These vRter projects supplement the 28 deep boreholes we have previousty delivered within the Mbale Clty Region, which ha5 helped to eradicate cholera in the area. Other We also facilitrted a number of related charitsble activities includin8: Supporting a studenvs medical education fees Supported of a "Goaf progr3mme Donating to the local scout group Construrtion Pro" Namatala Secondary School The construction of the secondary school is continuing. The 17-room Cla55room Block and Administration Centre are complete together we expectthe school to be fijlly operational in 2025. ICT Centre Construttion of our stat&of-the-art rrc Centre was completed in 2023-24 and is being used by both our prfmary school, and adults who would otherwtse have no opportunity to arn such key skill> It will a150 be used by the tsndary 5(hool students On complete. and pn)vide them with enhanced education and employment opportunities. Solar panels The schools and I centre already have solar panels. In 2023-24 solar pane15 were added to dinic This is beneficlal for the environment 3s well as providing greatsr secuiity of energy supply arnl cost savings. Structure. Governance & Management The charity, SpotSight on Africa l°SoA°}, is based in the UK and is managed through a Board of Trustees. The trustees have a range of skills and competencie5 to meet the charivs needs. For example, the chair is a Kin¥s Counsel and leads on all legal matters, the trustee for Health is a doctor, the Treasurer 15 a chartered accountant, et The trustees set the aims, obJectNes, and tsrgets forSoA that includes establishing the annual budget and managing the competing demands and challenges through the year. The trustees meet at least 10 times per annum and receive regular updates on progress against thelr obJettlve5 and on Legal & FinancFal matters. There are SUtCOmmIttee5 IFundrdisln& Events. Marketing & Communlcatlons, Health, Finan, Icr etcl that support the trustees and allow the work to be divided between them. SOA raises fvnds through donations events. appeals, sponsored actrvities and from TrustlGrdnt Funds. The funds raised are either for generdl operating costs or for a restricted or designated purpose. The UK Finan team keep the accounting records of this split. The chair perfornis the legal & regulatory checks according to the chariws policy.
Spotllght on AfrKa Report of the Trustees for th@ yew ended 31 March 2024 SOA does not employ any staff and its work is pefftirmed by unpaid trustees and voluntsers who also largety pay for any costs they incur. As a result 97% of all funds raised in 2023-24 were channeled throu8h to our chariiable attivities in Uganda. SOA trustees work to an agreed Trustee Code of Conduct tO8ether with policles and procedures governing Financial Control, ConfEicts of InteresL Anti-money Launderin& etc. To achieve sts charitsble purp05e5 SOA prov5des grants to Spotlight on Africa-uganda Foundation {°SoA UF"I, a registered international NGO in Uganda l°SoA UF°} who execute the work and mana8e the actlvitie5 in Uganda. SOA UF has an experienced Board of Dirertors that IndUd the Chair Professor Piu5 MvRlye who is a retired senior lecturer and Dean of Studies at Makerere University; Mr Richard Okotel, ExecLtttve Director who has extensive experieno of development work In Uganda; Dr Edlth Fomum, a medical offir who is working fulktime at our new Matemity Centre. Mr Michael Malomo, treasurer, who is a qualified accountant and Head of Finan at Mbale Cty Council: Mr Peter Ayo who is a specialist in agrKulture and who was Head of Igriculture at MbaEe City Council.. Mrs Lomah Wamono, secretary, who is a social worker: Mr Hefin Rees KC WIK) leads on construction projects and provides legal athl- and Dr Bethan Rees who leads on all our healthcare projec SOA ur employs the Management Team ¢iFid staff that provlde the 5ervKes wlthln Health, WASH, Economic empowem)ent ond the Icr Centre. The operatlons of the primary school. induding employment of its teachers, 15 Out-sourced to a third party. SOA UF Is in direct receipt of all funds being sent by &)A to Uganda and is responsible for makin8 all payments to staff and supplier5. The annual budget is agreed with SOA UF so that they can ensure that their salary & supplier commitinents are WFthin the agreed budget from SOA. Furthennore, in making the grants to SOA UF, SOA communicates the purpose to which the fvnds can be used $0 that restricted and designated funds are treated accordin81y. SOA UF'S re5ponsibilitie5 include managin8 the projert5 and operdting costs to the plans set by SOA and ensuring the charitsble activrties are delivered to a high quality and cost effettiveness. SOA does not guarantee any liabilities of SOA UF or commttments that it makes other than for tsrtain construction contrdcts where SOA may be required to guardntee SOA UF'S paTrents under the contract. ASI such contractual commrtments are approved by the chair. who is a n8$ Counsel, and who takes independent legal advice and support, where deemed necessary. Fundraisin8 We are very grateful to all of our donors with whom we have work and who have continued to provide 8enerous support in the last financial year. We are also gratefijl to our patrons. trustees and others who help communicate our objectives and activities, and run events, so that we secure the funds we need.
Spotlighton Afrlca Report of the TneS for the year ended 31 March 2024 Grateful Thanks to All Our Supporters We are fully dependent on the generosity of our donors and supporters to fjjnd our activities and the commitment of ttme by our many volunteer5. We are partlcularly gratefijl to: Strattons VARO partner5 Grace Sarah Charity Hefin & Bethan Rees Julie and Steye Mcconnell Phil Lee Harvey Topkins Pharniacy TS Cato Charitsble Trust Will & Gillian Treasure Allan & Nesta Ferguson Charitable Trust Mazars The Nick Maughan Foundation UKAid The Blg Glve; Campaign championed by Coles-medlock Foundation Brian Murtagh Charitable Trust HOK Silman Africa Legal Mike Christ The people of Harpenden. St Albans, Wheathampstead. Redboum, Welwyn and surnwrKling areas for 5UPPOrting us at many events. Key risks & UrKertainties The key riths & uncertainties are considered to be: The level of donations latiVe to the operating costs and capital commitment& The level of donations is uncertain and the trustees in conjunction with the management of SOA UF manage the risk to ensure that any shortfall can be managed with minimum disruptlon The Ugandan legal framework can be challen8in8 and lead to issues and unrtaIntleS. We are grateful for our Chair being a Kirtr85 Counsel and our patron, Bart Katureebe, Chief Justice of Uganda for providing legal overslght The costs of the construction projects. The projecis are ambitious ond we are grdteful to our team in clo*ly managlng these projects to agreed budgets Financial risks including risks of bribery & comiption. We supplement the URandan financial manaseTr]ent & controls with regular communiL7tion, Site vlsits and control over the tender and allocation of torthction contracts Plans for Future Periods We have the exciting prospert for 2024-25 Ofr. Completing the Secondary sch(iol and brfnglng it into operation Fitting out an operating theatre at the maternity centre with the equipment required for more complicated deliveries Continuing to deliver Dur much needed activities to this region in Uganda Reserves The reserve5 are set aut in note 9 of these accounts and are principally the fijnds held to cover the future building costs of the Secondary school in Namatala.
Spotlight on Africa Report of the TNstees for the year ended 31 March 2024 Contingent liabilities SOA had commitsments under construction contracts of £68.690 at 31 March 2024. A further £82,027 was committed under contracts signed between 31 March 2024 and the date these accounts were signed. Regulatory Statement: The trustees present their report along with the financial statements of the charity for the financial year ended 31st March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparlng the annual report and financial statements of the charty. The financial ststements have been prepared in accordance with the accounting policies set out in note I to the accounts and comply wfch the Charit(s governing document. the Charities Att 2011 and Accounting ar¢d Reporting by Chartties: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finanual Reporting Standard applicable In the UK and Republic of Ireland published in October 2019. The Trustees confim that they have complied with the duty In sertion 17 of the Charity Act 2011 to have due regard to the Charity Commission general guidance on public benefft. Financial revlew Total income during the financial year was £474.958 (2023 £662.948) and expenditure was £643,362 (2023 £712,715). which resulted in a deficit for the year of £168,40412023 deficit of £49,767). The deficit in 2023-24 reflects the timing differen between the donation income re1ved in previous years for major projects. notsbty the ICT centre and Namatala Secondary school. and the costs of that construction belng incurred in 2023-24. Spotlight on Africa has been very fortunate In the continued stjpport from The Nick Maughan Foundation l°NMF"}. In this financial year, the NMF donated E131,71312023 £463,930) whlch has been used for the IT Centre Ftxtures and Fittings and towards Uganda core costs. Donations of £44.66612023 £13.7501 from other Charitsble Trusts have also been received, which includes £25.OCKJ from the Allan and Nesta Ferguson Trust and £19.879 from the Mazars Charitable Trust. Karl Ahlber& Mlke Christ, Petris Kovi5ar5, Rasmus Svenningson and Joel Christof donated generously towards the Namatala Secondary School construction and Uganda CO costs. William Treasure's rycle ride. jani Davidson and Varo Partners also donated generousty towards various projects and operatlng costs of the charity. Hefln Ree5 KC and Dr Bethan Rees have generously donated £66.556 within this financial year las well as at similar levels in previous years). This has been used towards Uganda core costs, supporting a medical student architect fees and playground material5. Costs of Raising Funds of £14.901 represented 3% of fijnds raised12022-23 £43,109 and 6%).
Spotlight on Africa Report of the Trustees for the year ended 31 Marth 2024 Expenditure on charitable activities in the yearwas £628.46112022-23 £669,606} This expenditure on charitable activitie5 in the year included administration and finance costs totaling £112.905 (2022-23 £81.5391 of which E14.513 {2022-23 £1,138) were incurred in the UK and £98,392 in Uganda12022-23 £80,401). There were no costs relating to staff in the UK. The increase in UK costs Wds due to £11,733 for Architett fee5 (2022-23 £nill. The administration costs in Uganda include the finance provlded to cover the costs of the staff employed by SOA UF and its operatIT costs. The expenditure on Charitable actNities in the year exduding administrative costs can be divided into &rtegories as follows: Construction: £341,472 {2023 £433,016) has been spent during this financial year in finishing the construttion of the IT Centre together with the costs of its openlng ceremony. further construction of the Namatsla Secondary Sthool. smaller woiects in the primary school and expenditure on solar panets. Education." £45,21012023 £50.344) was allocated to runnlng the Primary School and The Orphans and Vulnerdble Children Project. The IT Centre opened in September 2023 and £7,343 was provlded for Its Initial runnlng costs. Health." £70,787 {2023 £39,901) was provided for operating expenses of the NMF Maternty Centre. The Mazars Charitable Trust donation has allowed the Community Health Programme to continue to flourtsh and £32.51712023 £24,342> has been used towards running the Bukasakya Health Clinic, a5 well as the training and mobilisation of the volunteer Community Health Promoters (.CHPj. Econotnic Einpowerttieiit £8.097 (2023 £5,5(Kil was used towards carpenty equipment in this financial year and Other: EI.290 was sent to repair 3 boreholes. £3,328 for the initial set-up of the Goat project £3,136 sent for medical school fee5 £2,376 sent for other related charitable attivities Investment pollcy The Trustees maintsin a consep4atlve Inve5trnent pollcy, wfth funds kept on dep055t at HSBC Bank, minimizing risk and investment management Costs.
Spotlight on Afrfca Report of the Trnstees for the year ended 31 March 2024 Reserves policy SOA'S policy is to seek to maintain reseNes sufficient to cover a minimum of the forecast cash oufflows for the coming three months and ideally sufficient to cover the forecast cash 0ufflov on operating costs forthe coming 6 mnth5. There is greater flexibility on construttion projects that can be advanod or deferred ac£ording to the available financial resources. Going Concern 5oA does not have significant operating costs orfinancial commitments other than guarantees it has provided on construction contracts for which it ensures that it only makes commitments that are covered by funds it ha5 already received. SOA'S capability to support the attivities managed by SOA UF is dependent on managing SOA UF'S financial commitments against the expected level of donations. SOA UF agree a detailed budget with SOA and are paid this monthly with any bud8et or phasin8 challen8es to be raised through the Finance committee to the tru5tee5 50 that remedial actions. if necessary. can be taken. Equally, the Servi5 SOA UF provlde are badty needed and where SOA can rdise funding in excess of budget the expenditure of SOA UF can be increased accordingly. Capltal expendtture. can be limited to only bein8 committed once the specrfic fundin8 has been recerved. SOA are in re8ular dlalogue wlth its main donors and are satisfied that the expetted level of fundralsing together with the reserrfes held will be sufficient to enable Its charltsble attivlties in to operate as a going concern at least for next 12 months from the date the Financial Statements are si8ned. io
Spotllght on Afrlca Report of the Trustees for the year ended 31 March 2024 Statement of trustees, responsibilities The trustees are re5pon5ible for Preparing the Trusiees, Annual Rewrt and the Financial Statements in accordan with applirable law and United Kingdom Aco)unting Standards (United Kingdom Generalty Accepted Accounting Prdctice). Law applicable to tharitie5 in England and Wales requires the trustees to prepare financial statements for each financÈal year which BNe a true and falr wew of charity and of the Incomlng resour5 and application of resour5 of the charity for that year. In preparing these financial statements the trustees are required to: select suitable accounting pollcies and then apply them consistently; observe the methods and principles in the Charities SORP. make judgements and estimates that are asOnable and prudent; state whether applicable UK Accounting Stsndards havè been followed. subject to any material departures discknsed and explained in the finantial statements: and prepare the financial Statements on the 80in8 Conrn basi5 unless it is inapproprfate to presume that the charity will continue in operation. The trustees are responsible fr)r keEpitE PrnFEr accounring records which Uisclose wlth reasonable accuracy at any time financial position of the charity and enable them to ensure that the financial statements compty with the Charities Act 2011 and the Charity (Accounts and Report5) Regulations 2008. They are also responsible for sèfe8uardiTE the a55ets of the charity and hence for tsklng reasonable steps for the prevention and detection olfrdud and other irregularftie Signed on behalf of the BoaTd of Trustees ty. Paul Holmes Honornry Treasurer Date 15th January 2025 li
Spotlight on Afrlca Ind8p8ndent Examln8r's Report to the Trustees on tha Unaudlted Financial Ststements ot Spotlight on Africa I report to the charity trustees on my examInan of the accounts of the charity for the year ended 31 March 2024 set out on pages 13 to 23. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Att). I report in respect of my examination of the charity accounts under settion 145 of the Act and in carrying out my examination I have foll0vd all the applicable DIrectnS given by the Charity Commission under 5ettion 14515)(b) of the Act. Independent examiner's ststsmerf< sin the charitys gross income exeded £250,0 the examiner must be a member of a body listed In section 145 of the Att. I confirm that l am qualified to undertake the examination becau l am member of the Institute of Chartered Ac£ountsnts in England & Wale4 whid) one of the listed bodle5. Your attention is to drawn to the fact that the charity has prepared the accounts (flnancial statements) in accordance wlth Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 in preference to the Accounting and Reporting by Charities: Statement of Recommended Prdrtice issued on l April 2005 which is referred to in the extant regulations but has Sin been withdrawn. We understand that this has been done In order for the accounts to provide a true and fair view in accordance with the Generally ACpted Accounting Practice effective for reporting perfods beginnlng on or after ljanuary 2015. I have Completed my examination. I confimi that no material matters have come to my attention in connection with the examination 8ivin8 me cause to believe that in any material respett: accounting records were not kept in respect of the charity as required by section 130 of the Act; or the accounts do nol iicwrd WTth ttK)5e records," or the accounts do not comply with the applicable requirements concerning the forni and content of accounts as set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accDunts give a true and fair view which is not a matter considered as a part of an indp.ppnd@nt examlnation I have no concerns and have come across no other matters in connection wtth the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Roger Cox FCA Miller & Co Chartered Accountants 5 Imperial Court Laporte Way Luton, LU4 8FE Date Ir J 12
5POtlight on Afrka Statement of Flnan¢lal Athities for the year ended 31 Mar¢h 2024 Totsl 2024 Total 2023 General De5i8nated fuMIs Income Donations and legacies Charitable attivitie5 Other Total Income 221,959 49,5(X) 199,697 471.156 662.740 196 222.155 196 474,958 208 662,948 49.5(K) 203,303 Expendlture Raisin8 funds Charttable actlvitles Total expenditure 13,777 204,503 218,280 1,124 386,269 387,393 14.901 628,461 643,362 43.109 669,606 712,715 37,689 37,689 Net Income/(expendlture) before transfers 3,875 I111 (184.090) (168,4041 (49,7671 Transfers between fvnds Net movement In funds 3.875 11.811 {W,090) 1168,404) 149.767) Total funds brought forward 74,101 289,125 363,226 412,993 Total funds carrled forward 77,976 11,811 105,035 194,822 363.226 13
Spotllght on Africa Balance Sheet as at 31 Moh 2024 Z024 2023 Current assets Debtors Cash at bankand in hand Prepaid expenditure 5,043 189.399 24.816 3d1.213 196.442 368,029 Creditors: amounts falll due wlthin one year Net current assets Net assets 11.620) 14,803) 194,822 194,822 363.226 363,226 Funds Restricted funds Unrestricted funds Total fvnds 105,035 89,787 194,822 289,125 74,101 363,226 io The financial ststements were approved by the thtrs on 15th January 2025 and stgned on its behalf by Paul Holmes Honorary Treasurer 14
5POtlight on Afri13 Cash Flow statement at 31 March 2024 2024 2023 Cash flows from Operati actlvities Net cash from operating activities (151.814) 168.727} Change in cash and cash equlvalents in the reporting period (151.814) 168,727) Cash and cash Èquivalents at i April Cash aNI cash equivalents at 31 March 341.213 189,399 409,940 341,213 15
Spotlight on Africa Notes to the Financial Statements lor year ended 31 Mar¢h 2024 l. Summary of significant accounti policies (a) General information and basis of preparation Spotlight on Africa is a charity registered in England. In the event of the charity bein8 wound up the liabilÈty in respect of the guarantee is limited to £1 per member of the charity. The address of the regirtcrcd office is given in the charKty inforniation on page l of these fiEiaiiLlil1 statements. The nature of the charity5 operations and principal activitÉes are described in the Tnjstees Report. The charlty con5titute5 3 public benefft entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Chartties: Statement of Recommended Prdctice applicable to charities preparing their accounts in accordance wlth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in the Untied firQM and Republlc of Ireland (FRS 102). the Charities Act 2011 and UK Genetslly Accepted Accountin8 Prdttice. The finan(ial thtements have been prepad to gNe a 'true and fairf view and have departed from the Charitles {Accounts and Reports) Regulations 21J)8 only to the extent required to provide a 'true and fair viev/. This departure has Involved followine the Accounting and Reporting by Charities- Ststement of Recommended Prattl applicable to charitles preparing thelr accounts in accordance with the Financial Reporting Standard applkable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Prattitt effettive from l Aprll 2CIJ5 which has sin been withdrawn.] The financial statements are prepared on a going concern basi5 under the historical cost convention. The financial ststements are presented in sterting whlch Fs the funttional currency of the charity and rounded trj the nearest pound. The signtFKant accounting policies applied in the prepardtlon of these financial statements a set out below. These wlicies have been Consistent applied to all years presented unless otherwise stated. {b) Funds Unrestrirted fijnds are available for use at the diSction of the trustees in furtherance of the general objectives of the charity and which have not been designated for othÈr purpAÉAg Designated funds comprise unre5trirted funds that have been set aside by the trustees for particular purposes. ftestrirted filnds are fund5 w11117 ¢lif tu be used In accordance wirh specifi.c restrfctions imposed by donors or which have been raised by the charty for particular purposes. The aim and use of each restricted fund Is set out in the notes to the financial statements. 16
Spotlight on Afrl Notes to the Flnanclal Statements for the yÈar ended 31 March 2024 {c) Income recognltlon All incoming resources are included in the Statement of Financial Actlvities {SoFA) when the cttarity ts legalty entstled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be reteived. For donation5 to be reco8nised the charity will have been notified of the amounts and the settlement date in writing. For legacies, entltlement is the earlier of the charity being notified of an impending distribution or the legacy being receNed. Investment Income is recognised when recer+Mble. No amount is included in the finala1 ststements forvolunteer time In line with the SORP. (d) Expendlture recognition All expendTture is accounted for on an accrua15 basis and has been da55ffied under headings that aggregate all cDsts lated to the category. Expenditure is recognlsed where there is a legal or constructive obligation to make payments to thlrd partie4 it is probable that the settlement will be requlred. and the amount of the oblbgation can be measured reliably. 2. Donations and legacles Unre5trfcted funds Restrfcted General De4natsd funds Totsl Z024 Totsl 2023 Donations Trusts and Grants 218,209 3.750 49.5(X) 158.781 40.916 426.4 648.990 13.750 For the year ended 31 Marth 2024 221,959 49.S(l) 199,697 471.156 For the year ended 31 March 2023 240,526 422,214 662,740 Included in Trust and Grants income for 2024 is a refund of £213 of a Government Grant received In 2023. The refund wa5 due to an underspend because of exchange rate fluctuations. Included in donations for 2023 is the £11,811 Government Grant from FCDO for HSOA to Implement and run cnmmunity outreach immunisation and health education programme and Maternal delivery clinlc services. 17
Spotllght on Africa Notes to the Financlal Statements for the year ended 31 March 2024 3. Income from Charltsble Acts¥lties unsICted funds Restricted Generdl Designated funds Totsi 2024 Totsl 2023 Income from events Forthe year ended 31 Marth 2024 3,606 3.606 For the year ended 31 March 2023 4. Expendlture on Raising Funds Totsl 2024 Totsl 2023 Generdl De51gnatrd funds Just Givln8 and otherfees Bank Fees Expenditure on Fundraising Filming Travel Sponsored event5 Event costs For the year ended 31 March 2024 665 99 11,592 216 11592 33,082 3520 1,428 1.428 5,185 1,117 1,124 1.117 14,901 For the year ended 31 March 2023 43.109 43,109 18
SpoYWIt Afrka Notes to the Flnancial Statsments for the year ended 31 March 2024 5. Expendityre on charitsble actlvities Unrestrirted funds Restrlrted General Designated funds Total 2024 Totsl 2023 Maternlty Centre Musoto Christian School Orphan5 & Vulnerable Chkldren Project Community Health Projects BUkHsa Health Centre Economic Empowennent IT Centre WASH, Goat PTO]ect & other Secondary School Construction Maternity cent Construttion IT Centre Construction Primary School Projects Opening Ceremonies Solar panels Flood relief Fencing 22,631 26.813 7,266 48,156 70,787 26.813 18,397 17,694 14.823 8,097 7.343 10,130 217,175 39,901 32,344 18,IXIO 18,342 ii,ui 17.694 14,823 8,097 4,323 1.290 6.985 5,500 3,020 37,689 172,501 128,881 192,070 57.801 54,264 23,369 2.531 80,893 4.711 9,195 104.262 7,242 9.195 3,598 3,598 20,000 14,964 SOA U8anda Central Administration Audit and Accounting fees Uganda UK Archrtect Fees UK Insurdnce UK Accounting Software UK Printing, Stationary & General costs UK Audit fees 76,981 2,350 76,981 2,350 11,733 352 607 201 I,G20 72,673 1.082 11,733 352 607 201 1,620 215 263 Financing costs 666 18,395 19,061 6,646 For the year ended 31 March 2024 204,503 37,689 386,269 628,461 For the year ended 31 March 2023 142.440 527,166 669,606 19
Spodl8ht on Africa Notes to the Financlal Statsments for the vear ended 31 Marth 2024 6. Debtots and Prepald Expenditure Totsl 2024 Totsl 2023 Gift Aid due to 31 March 2024 Prepaid expp.nAiture (in rÈ5pect of tho June 2020 Annual Ball) 5,043 24,816 7. Creditors: amounts falllng due withln on2 year Totsl 20Z4 Totsl 21)Z3 Accruals 1,620 4,803 8. Analys15 of net a55ets between funds Unrestrlcted funds General Des5gnated Restrict funds Totsl Fund balances as at 31 March 2024 as presented Current assets Current liabilities 79,596 {1.620) 77,976 11,811 9L407 {1.6201 89,787 105.035 11,811 105,035 Fund balan5 as at 31 March 2023 as represented by.. Current assets Current liabilities 78.904 14,803) 74,101 78,9J4 14,803} 74,101 289,125 289,125 20
Spotlight on Afrl¢a Notss to the Financlal Statements for the year ended 31 Marth 2024 9. Restricted funds The movements on stricted funds during 2023124 Vre as follows". At i Aprfl 2023 At 31 March Z024 Constrnction Namatsla School Construction IT Centre IT Centre FlureS & Frttings Opex Maternity Centre Opex Orphans & Vulnerable Children Opex Community Health Programme Events Committee Other 191.677 27,199 59.5(N) (In,502) 127,199) 156,713) 148,156) IIL131) 78,675 56,713 1,761 7.136 46,395 6,885 2,890 16,969 19,666 117,694) 18,941 10,806 47.721 (6.277) 147.721) {387,393} 4,529 289,125 203.303 105,035 Construttion Namatala St0v Centre/rtureS & Ffftings are fvnds donated for these capltal projects. Opex Maternfty Centre/Orphans & Vulnerdble childnICornMunty Health Programme are fund5 donated for these specific on80ing projetts. Events Committee are funds raised from our events for specific projects. Other is for amounts donated for specific items which are passed directly to SOA UF. 21
Spotli8ht on Africa Notss to the Flnanclal Ststements for the year ended 31 March 2024 IIA Unrestrlcted funds The unrestricted funds of the charity Indude designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. The movements on unrestricted funds durln8 2023124 were as follows: At l April 2023 Income Expenditure At Deslgnated: ConstThction Namatala SchLK)I 495 {37.6891 11,811 General: Generdl undesignated funds 74.101 {218,2801 77,976 Totsl unrestricted funts 74,101 271,655 (255,969) 89,787 The movements on unrestricted fijnds during 2022123 were as folloyts: At l Aprfl 2022 Income Expen(rrture At 31 Matth 2023 Deslgnated: Construttion Namatala School Generdl: General undeslgnated funds 18,916 240,734 (185,5491 74,101 Total unrestrirtd fund5 18,916 240,734 (185,549) 74.101 22
5potllght on Afrfea Notss to the HnCIal Statements for the year ended 31 March 2024 11. Relatsd party transackn The totsl payments made during the year by the Chaw to SOA-UF amount to £613,948 {2023 £668,468). The analysis in note 5 Shov how those funds have been deployed in U8anda by SOA-UF. These transactlons are desi8nated as related party transactions In view of Hefin Rees KC, the Chairman of Trustees, also being a board member of SOA-UF. Having Hefin sit on both boards fills our Trustees and sponsors with the confidence that all financial responsibilities are adhered to. None of the TTUStees have been pald any remunerdtion or received any other benefits from an employment with the Charity or a related entity. One Trnstee was reimbursed for travel expenses of £1,428 (prior year £1,fy12). 12. Cash flows from operatlT¥ actfvltl 2024 2023 Reconciliation ol net incomel(expendliure): Net income las per statement of financial artivits? Adjustments for: De¢reasc/{IncTease) Sn debtors IDecrease)Ilncrease in credltors Net cash from operatlng artlvities {168,404) (49.767) 19,773 {3,183) 1151,814) (23.763) 4,803 {68,7271 13. Capltal Commltments update As at 31 March 2024, the th3rEty was committed to supporting SOA-UF core costs, OVC, MCS, The CHP programme. the Maternity Centre operatln8 costs. the Health Clinic and the IT CentrÈ. Thp agreed combined budget UGX IIXJ,CJ,O1X¥ lapprox. £21,7LKII per month. The new Secondary School construction is ongolng and will proceed in stages as and when funds are available. SOA had commitments under constniction contracts of £68.690 at 31 March 2024. A further £82.027 was commttted under contratts signed between 31 Marth 2024 and the date these accounts were slgned.