Company ￿gIstratIon number.. 05801510 Charity registration number: 1117909 Fountain of Peace Children's Foundation UK (A company limited by guarantee) Annual Report atKI Financial Statements for the Year Ended 31 May 2024 Fountain of Peace Children's Foundatlon UK Contents TNstees' Report 1 to11 Independent Examinetrs Report 12 Ststement of Flnancial Activities 13 Balance Sheet 14 Statement of Cash Flows 15 Notes to the Finanoal Statements 16to21 Fountain of Peace Chlldren's Foundatlon UK Trustses, Report The Trustees, who are also directors of the charity for Ihe purposes of the Companies Acl 2006. present their report with the finanGial statements of the charity for the year ended 31 May 2024. The trustees have adopted Ihe provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Reference and administrative details Registered charity name Fountain of Peace Children's Four)Jation UK Charity registration numbgr 1117909 Company registration numbor 05801510 Princlpal offlce and registered office 2 Widmore Cottages Asheridge Chesham Buckinghamshire HP5 2UY The trustees Mrs S Williams Dr A.D. Shepherd Mrs A. Basabe Mrs M. Shepherd Mrs K Shamia Ms S Dodd Mr P Amboule- resigned 15th March 2024 Mr N.V. Cooper - appointed 17th November 2023 Ms R Cross- appointed 22nd June 2024 Ms S Mclntyre - appointed 11 th December 2023 Company secretary Mrs M. Shepherd Independent examlner Mark A Jordan Jordan & Company Knighton House 62 Hagley Road stourbridge West Midlands DY8 1QD Page 1 Fountain of Peace Children's Foundatlon UK Trustees. Report Governing documant Fountain of Peace Children's Foundation UK (FOP UK), hereafter known as the charity, is a company Limited by Guarantee. governed by its Articles of Association, adopted by Special Resolution on 27th March 2024. It is registered as a charity with the Charty Cornrnission (England and Wales) and very re￿nItY also in Scotland. Membership of the company is by approval of the trustees. In the event of winding up each member has agreed to contribute £1. Objects The aim of the charity is to make a difference. now and in the future, by generating hope and transf0M￿tion in the lives of abandoned andlor orphaned babies and children in the Kyenjojo District of Westem Uganda, in particular, a Babies. Home to benefit and serve these children has been built with a capacity of 42 infanls. We now possess nine family units, each unit accommodating a family of up to eight children, from three >Ears of age onwards, along with a hDuse mother and nanny. The statsd Objects of the charity are: to advan￿ the Christian Faith. the ￿lief of poverty and sickn8ss and the distress caused thergby among children in Africa and such parts of the world as the Trustees may from time to time think frt including, but not by way of Ilmitstion, through the provision of orphanages and homes for abandoned children and such other charitsble activities as the Trustees shall detemiine from time to time,. to advance education for the benefit of children disadvantaged or marginalised by reason of their economic or geographical drcumstances In such parts of the worfd as the Trustees may from time to time think fit, including, but not by way of limltallon, the provision of sponsorship programrnes; and the provision of facilities for the benefft of such local communities in Africa and the wortd whlch facilities may without limitation include the provision of child care services and meetings, lectures and classes and other forms of education, recreation and leisure time occupation, without distinction of race. sex. political, religious or other opinion and with the object of improving the condilions of life for the said inhabitants as the Trustees may from time to time in their discretion determine. Structure, govemance and management Related parties A sirnilarly-named charitable company Fountain of Peace Children's Foundation UG (FOP UG) is incorporaled in Uganda, number 92703. and is Umlted by Guarantee. Funds raised In the UK are granted to the Ugandan charity. which in turn oversees Ihe operational aspects of the developmenL as implementing partner. FOP UK and its related Ugandan partner have discrete Articles of Association though their business plans and strategy are broadly aligned. Likewise. a charitable company. registered with the New Zealand Charities Commission (CC number 48465). with whom FOP UK works closely. provides funds for the same purposes as FOP UK in making grants to FOP UG. A Memorandum of Understanding (MOU), signed by all three parties, is in place. Organlsatlon The Board of Trustees administers the charity. The Board meets three times per annum. All aspects of the UK Charity are considered, principalty in line with the operational function of FOP UG, who issue quarterly manag8ment and financial reports, in line with their future planning policies. P8g8 2 Fountaln of Peace Chlldren's Foundatlon UK Trustses. Report Recrultment and appointment of new trustees The Board consists of voluntary Irustees who are all practising Christians. Prospective new trustees are Invited to join the Board by existing trustees through the recruitment process. which follows Charity Commission guidelines, in making sure there is an appropriate range of skills, knowledge and experience amongst its members. Board member5 have statutory responsibilities but they receive no remuneration. They also attend briefings and training courses as appropriate. Changes to Board membership over the course of the lasl 12 tnonths have seen one member depart and three new metnbers added. Existing members approach suitable candidates who are invited to attend a Trustee meeting. initially as an observer. before being formally invited to join the Board following references and other relevant checks including an enhanced child protection police check (DBS). New trustees are given an induclion pack which includes all relevant constitutional documents. a brief history of FOP UK, governance and any other information relevant to the work of the charity. All members receive a regular copy of the 'Governance & Leadership" magazine in order to keep them up to date with their role and responsibililies and are also directed to read the Charity Commission's Governance code. Audlt Three Irustees visited Uganda in Apr￿ 2024 to undertak8 an audit Msit to 8nsure that FOP UK complies with appropriate plans, policies and processes for the ben8fit of the children, staff and the community around FOP UG and implement controls to minimise risks. The audit covered the following areas: Operational: includlng revlew of strategy, significant event audits. pollcles in place, sustalrrdbility and maintenance of key assets • Financial: including revlew of long tenn financlal plan, annu81 budget, transparency and clarity on expenditure including inspectlon of UK funded capltsl projects, robust and safe accounting procedures in place. and prevention of fraud and brlbery Safeg{￿rdIng As a tharity whose primary objective is to fund the provision of care for the most vulnerable children overseas it is incumbent upon the UK trustees to ensure that they, as well as all those who work within or otherwise visit the project, are required to undergo regular safeguarding training. All volunteers who go to the project to assist are required to have an enhanced DBS check to accompany their application to travel. The charity is registered with an approved UK Safeguarding agency to advise on these matter5. and also to give ongoing training to the Board. Ri$k management The charityls exposure to risk is constantly kepl under reviww and 'Risk Management, remains a priority that is reflected in the organisation's attitude and practice towards good governance. A written policy for risk management is in place and is rebiewed by the Board on an annual basis. The risk register Identifies rlsks likely to affect the charitys ability to meet its aims and objectives in areas of Governance and Management. Financial and Legal, Operational and any other extemal factors. Systems and pollcies are in place to reduce or mitigate any risk and these are monitored regularly and appropriate actlons taken rf required. Page 3 Fountain of Peace Children's Foundation UK Trustees. Report Othw Written Policies In accord with the charitys approach to good govemance Ihere are also written policies in place (see below) which are reviewed on a regular basis as shown. The charity is registered v￿th the Fundraising Regulator. Llst of pollcles: The review dates for FOP UK policies are either annual or every two or three years. The review dates for the policies which are to be reviewed every three years have been staggered to ensure an even split of the number of policies to be reviewed each year. Policy narne Implementation Last review Frequency of Next review date review date Anti-Fraud Policy 2010112020 1711112023 Ev8ry 3 years November 2026 Code of Conduct for Board Trustees 0110812017 1111112022 Every 3 years November 2025 Complaints policy 2810912017 1711112023 Every 3 years November 2026 November 2025 Conflicts of Interest policy 2810912017 1111112022 Every 3 years Finance Pollcy (W1112020 2110712023 Annual July 2024 November 2026 Manual Handling policy January 2019 1711112023 Every 3 years Privacy policy 0410712018 1111112022 Every 3 years November 2025 Recruitment and Induclion of new Trustees November 2024 0110812017 1911112021 Every 3 year5 Risk Regisler Safeguarding Children & Young 1111012017 People policy Social Media Policy 2810912017 1711112023 Annual July 2024 2110712023 Annual July 2024 1711112023 1711112023 Annual July 2024 November 2024 Succession Policy 0611112020 1911112021 Every 3 years Tralnhg Policy 0611112020 1911112021 Every 3 years November 2024 Volunteers policy 2810912017 1610412024 Every 2 years July 2026 Page 4 Fountain of Peace Chlldren's Foundation UK Trustees. Report Achievements and perforniance As per kst year, we can report that we continue to operate from a solid financial base whith. along with the loyalty of our donors, has allowed us to fulfil all our obligations without diminishing our ability to make additional funding available for capital expenditure project5 etc. In addition, we can report that our regutar donor base has increased by approximately 12Vo in the reporbng year. As ahvays we aim to fund our operating expenses from gift aid reimbursernent,. The Directors are pleased to report that gift aid has covered 940A of our total administrative expenditure for th8 yèar. The Directors are particularly thankful for the increasing general interest in the work of the charity, not only in a practical andlor financial way but also giving widespread prayerful 8UPPOrt for the work. The Directors hav8 jointly determined that. alongside the core purpose of the charity. both the development of our sustainability programme and the building up of the educational facilily al the Rwenjaza Hillside School (RHS) (which also serves Ihe local community) should play a significant role in their planning over the next decade. A substsntial amount of our C8P8X tunding has therefore continued to focus on these aspects of the future of FOP Uganda. The total funding grants made. for charitsble activities, to support the work of FOP UG from June 2023 to May 2024 was £91,822. The breakdown of these ￿ndS indudes the followi￿. • £6,561 Famihouse completion plus repair to severe stomi damage £10.489 Family home18BH refurbishments and replacement of all beds £4,857 Repair of earthquake damage trj RHS roofing £5,081 Building conversion into post harvest storage centre £4,392 50Vo share for road regrading from the maln road to the FOP school £49.799 was paid by way of our regular commitment to Ihe FOP project in Kyenjojo INCOME 2019-2024 SI￿.037 £J22,862 £118.37S f103J40 2312A Page 5 Fountaln of Peace Children's Foundatlon UK Trustees. Report It will be noted that there is a significant increase in income ov8r th8 year 2023124. This Is explalned by increased volunteer trip income and also by glving to Ihe Molhers Matter in Childbirth prciect which is a new venture. l Juftp. 2023 to 31 MAY ￿21 TOTAL US6.262 Page 6 Fountaln of Peac8 Chlldren's Foundatlon UK Trustees. Report Rwenlaza Hlllsld• Nursary and Prlmary S¢hool In line with the purposes of Fountain of Peace the development of Rwenjaza Hillside School {RHS) is of paramount importance. Approximately 250 children are Currently registered with the schc providing education to FOP children and those of the local comrnunity. Th8 longer tenn provision of secondary and vocational education is being actively pursued. The charity continues to take responsibility for covering teachers holiday pay. Severe earthquak8 damage to some classroom r(y)ts was sustained in the autumn of 2023 for which we were able to fund full repair. Sustainablllty The trustees, along with our FOP partners, continue to actively devolop 8 medium-long tem sustainability strategy in line with our overall policy of self-suffici8ncy at the earliest date possible. Rècent construction of a new farmhouse along wilh housing for a r8c8ndy acquired tractor with associated machinery. as well as a storage facilty for crops. is a vital asset in maintaining this policy. F￿d security and Sustainability is implemented under the Enterprise arm of the FOP UG Model launched in 2023. This entails assessment of nLrtritional needs, production planning, food productk)n, processing to storage, and subsequent distribution. The farmhouse in Mbale will go a long way to improve on storage and 81so enable basic processing of foodstuffs. In order to get the children familiar with handsthon partlclpatlon in the farms, there are deliberate engagements involving the mothers and their household memters in growing their own vegetables. and rearing free-range chlckens. The older children will be engaged in the farms also, to boost their understsnding of food production and processing once these are fully functional, ri" Page 7 Fountaln of Peace Children's Foundation UK Trustees. Report Board of Trustaas Continuing ￿lUCatIon and safeguarding trainiThJ of all UK Trustees is considered mandatory through relevant training courses. Each trustee also receives regular bi-monthly copies of 'Govemance & Leadership, rnagazine. Volunteers and supportors The trustees of the charity and our irnplementing pather FOP UG. ovrfe a massive debt of gratitude to our volunteers and supporters. Their dedication and commitrnent provides both organisations with a scAid foundation that enables our UK fundraising events and activities to be undertaken and the irnplementation of the projects to be achieved. To ensu￿ that our volunteers are supported and recognised we will continue to refine our Volunteer Policy,, both In the United Kingdom and Uganda. R•serves poIIcy The charity regularty reviews its 'Reserves polity which currenlly guarantees a sum of £25,000 equating approximately to 6 months operating costs (induding teachers holiday pay for Uganda). This sum may vary from time to time. Perfomianco and Future Plan8 In plannir¥J for the future the trustees are actively seeking to 8dd furth8r new partnerships with Churches and Schools, in particu18r, in ord8r to dev81op fresh funding opportunities. We are also exploring innovatlve ideas to broad8n the horizons of our childcare and educational opportunities for the FOP children as they grow older. A perfod of financial consolidation will be required in 2024125 to revlew our requlrements for further planned expenditure In th8 Fountain of Peace village In Kyenjojo. We aim to ensure that our Christian bellefs are aw fundamental In the decision-rnaking of the Board. We seek. at all times, to work closely wlth our Ugandan colleagues in planning and exeouting the development of new build structures In Ihe FOP village. particularly In relatlon to the oryolng famity units and the school buildings. The two photographs below show some of the damage inflicted by a severe stomi and earthquake that both hit our area of Westem Uganda in mid September. Damage was caused to the n)of of the farmhouse which was still und8r construction. and the ceilings came down in Iwo of the nursery classrooms at the FOP UG school (Rwenjaza Hillsida). Page 8 Fountain of Peace Children's Foundation UK Trustees. Report We are so grateful to a most generous donor who gave the necessary funds to completely replace in all the homes th8 Old wooden beds, ￿lch quickty deteriorate, with custom made steel beds and all new bedding and mattresses. We do thank God for how He always moves people to give freely where there is a need. Here are a few pictures of the new acquisitions. all of which are also fully kitted out with mosquito net5 for every bed individually. A group of supporters. who visited FOP in July 2023, took on the challenging 35 mile Gritslone Trail in Derbyshire during March 2024. In addition, one of our amazing advocates h61d her annual fundraising event in Poynton, Stockport. Funds raised at both events went towards the conversion of the cowshed to a food storage facility. As the farming capacity at FOP increases and we strive to become more self-sufficient. we need lo increase our capacity for food storage closer to the project. The picture below shows the commencement of the conversion into a post har*Rst storage centre. Pag8 9 Fountain of Peace Chlldren's Foundation UK Trustees. Report Publlc Beneflt statoment As a Board of Trustees we are cognizant of the Charity Commission's guidelines on public benefit and we confirn that we have given due regard to this guidance wilhin our report. We have shown In this Teport that we continually seek to fulfil the c(ffe objectives of the charity in the Articles of Association, In addition to improving relationships between UK and Uganda in moving forward wtth care and education for severely disadvantaged Ugandan chtldren. This has been facilitsted by partnerships with a number of UK based schools in an educational role, as well as increasiw involvement of church and other communiles. so enhancing UK-based inter-society relationships. Charity Govornance Code The Board of Trustees places particular emphasis on maintsining high standards of governance. We are fvlly committed to fulfilling the Charity Govemance Code and the Fundraising Regulator's Code of Practice as it applies to a charity the size of FOP. STATEMENT FTR TEES RESPON BILITIE The tru8te6s (who are also th8 directors of Fountsin of Peace Children's Foundation UK for the purp)ses of company law) are responsible for preparing the Report of the Trustees and the financi81 ststements in accordance with applicat)le law and United Kingdom Accounting Standar(Is (United Klngdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accountlng records which disclose, with reasonable accur8¢y, at any time the financial posltion of the charitable company and to enable them to ensure that the financial statgments comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitabl8 company and hence for taking reasonable steps for the prevention and detsction of fraud and other irregularities. Insofar as the trustees are aware: 1) there is no relevant audit information of which the companrfs auditors are unaware., and 2) the IDJstees have taken all steps incumbent upon them to make themselves aware of any ￿levant audit infonnation and to estsblish that the auditors are awa￿ of that infomiation. Financial review Restricted funds £nil. Restricted funds are funds received from grants, stakeholders or donor8 for future expendFture associated with specific projects or purposes. Unrestrlcted Funds The current level of unrestricted funds is £107,557. Small Company provislons This report has bgen prepared In accordance wilh the provisions applicable to companies entitled to the small compani85' exemption. Page 10 Fountain of Peace Children's Foundation UK Trustees. Report The annual report was approved by the trustees of the charity on 12 July 2024 and signed on its behalf by: Susan Dodd Twstee Marilyn Shepherd Company secretsry and trustse Pag8 11 Fountain of Peace Children's Foundation UK Independent Examiner's Report to the trustees of Fountain of Peace Children's Foundation UK (Ihe Company,) I report to the d￿rIty trustees on my examination of the accounts of the Company for the year ended 31 May 2024. Responsibilltl8s and basls of report A5 the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requ1￿Ments of the Companies Act 2006 {'the 2006 Act'}. 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 charity's accounts as carried out urKler section 145 of th8 Charities Act 2011 ('the 2011 ACY). In carying out my examination I have followed the Directions given by the Charity Commi&8ion under section 145(5) (4,383) {1,200) (4,138) (187 (497) (4,139) (2,996) (940) (416) (60,856} (4,357) (1,200) (952) 234 156,262 76,587) This page does not fom part of the ststutory ftnancial statements. Page 23