Company regIStra￿On number. 06122350
Charity reglstration number. 1119450
Amigos Worldwide
(A company limited by guarantee)
Annual Report and Financial Stateménts
forthe Year Ended 31 December 2023
WESTCOTTS
ACCOLINT*MT8
BU%IIIES• AO¥I*•IIS

Amlgos Worldwide
Contenls
Reference and Admini9trattve Detalls
Trustees. Rethyt
2to14
Independent Examlnels ReFQrt
15
Statement of Flnancral Ac0vI￿S
16
Balance Sheet
17
statement of Cash Fbwg
18
Notes to the Flnancial Ststements
19to35

Amigos Worldwide
Reference and Administrative Details
Company Reglstratlon Number 06122350
Charity Reglstration Number
1119450
Trustees:
Mr B Campbell-colquhoun (reslgned 12 December 20231
Mr5 S C?mpbell-Colquhoun
MrMFox
Mrs R D Lewis {resigned 12 December 2023)
Mr A Thomson
Ms L Apio (appointed 12 November 20231
The charity is incorporated in England and Wales.
3 B￿j1pOrt Street
Memiaid Walk
Bamslaple
Devon
EX31 1RH
Registered Offl¢e
Independent Examln&r
Catherine Williams FCA DChA
Westcotts (SW) LLP
47 Boulport Street
Barnstaple
Devc
EX31 1SQ
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Amigos Worldwide
Trustees. Report
The trustees. who are directors for the purFM)ses of company18w. present the annual report together
with the financlal statements of the charitable company for the year ended 31 December 2023.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng Document
The organisation is a charitsble company, limited by guaranteg, incorporated on 21st Febru8ry 2007,
and registered as a charity in the UK on 1st June 2007. The Company was established under a
memorandum of association las amended by special resolution on 15th Deeember 20081 which
established the objectives and Fowers of the charitable company and is governed under It9 article9 of
association.
Recrultsnent and appolntment of trustees
The dlrectors of the company are also charity trustees for the purposes of eharity law. The trustees
are keen to invite new trustees, who share in the vision of the charity, to bring diversity and expertise
to the current board.
Inductlon and tralnlng of trustees
New trustees have a slx-month inductkn peric#J durfng which they 8re asS￿ned a tnjstee mentor who
can prowde advice and guidance. Trustees receive an Inéuction pack containing key information and
will initially spend time with the management team in order to gain a further underslanding of Amigos,
work and strategic priorities.
Management tsam
TIM Monger acts as Chlef Executlv8 for AmSgos Worfdwlde and oversees the da￿t0-daY management
of the charity.
Employee involvement
Amigos is committed lo keeping UK overheads low lo ensure that maximum fijnds can bg ploughed
into projects in Uganda through our partner, Amigos Worfdwde Uganda. As a resulL we have an
intentionally lean employee base in the UK. In addition lo our CEO, we currenuy employ four part-time
staff members (2.5 FTEI who took after accounts. our family sponsorship programmes,
communications and fundraising in the UK office.
OBJECTIVES AND ACTIVITIES
Public benefit
The trustees have complied with section 17{5} of the Charities Act 2011 in regard to the publlc benefrt
requirement.
Objectives and activities
Our vlslon.. For people 8nd ￿MmUnitIeS across Uganda 8nd beyond to be whole and thriving.
Our mission: Tog8ther with our local partner, we create lasting solutions to povety and hunger in
Uganda.
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Amigos Worldwid•
Trustees. Report
Whal we do: Amigos works lo relieve poverty and improve lfves in rural communities in Uganda. We
believe that long-temi, sustainable development can only be achieved when the issues that cause
poverty are addressed with an integrated approach. Aongside our local partner, Amigos Woddwde
Uganda, we seek lo increase access to food. water, health. Income and education.
Why we do It: As a charity our overarching aim is lo bring svstainablllty. dignty. justice and hope to
disadvantaged people; many of whom have been affected by war, povety, famine and HIV. Amigos
firmly believes in helping people lo help themselves and we are led by the communities we seek to
partner with.
How we maximise Impact: As soon 8s partiupants are able. they p8ss on Ihe resOU￿9S and skllls
they have received to others. Thls principle of sharing knowledge and resources help5 bullds
flourishing communities and enables us to work cost effectively.
Purposes and aims
Amigos, objectives, 8s set out in the companls memorandum of association, are to,.
al Advance education and vocational training in such parts of Uganda, sub-saharan Africa and the
world as the trustees may from lime to time think fit Including but not by way of limltation through the
provlsion of child sponsorship. educational facili￿eS and materlals. the equipment and buildlng of
schools and vocaticnal training cenlres.
b) Relleve slckness and financlal hardship and lo promote and preserve g¢)od health by the provlsion
of funds. goods. and servlces of any kind, including the provision of eounselling and support In su¢h
parts of Uganda, sulFSah8ran Africa and th8 world as the trustees may from time lo time think frt.
c} Advanca tha Chrlstlan fafth Sn accordance with the ststemenl of beliefs appearlng in the schodule to
the artlclas harato In Uganda. sub-saharan Africa and in such othgr parts of the wodd as the trustoes
may from time to Im6 see flt.
Our impact this year
In 2023 Amigos, in partnership with Amigos Worldwide Uganda, impacl&d over 33,649 lives through
education, vocational training, Tural conservation, agricultur81 training and dean water projects.
We continued to enhance our highly successful sustainable community development programme. W&
installed 10 boreholes and conducted hygiene and sanitation training in first year communities
benefiung 23.723 people. We trained 1,050 farmers to sSgnificandy increase crop yields and enhance
Ilvellhoods, improving the Ilves of 6,30D people in their respective households. Even though excessive
heat affected the crops. 88Qk of first year families now have enough to eat compared lo O°A at
baseline. and this rises to 100% for thlrd year families. We have focused on glvlng more business for
agriculture training lo those in the second and thlrd years. As one participant said. °This training has
not only enhanced my business skills but also Ir8nsfom7ed my minds8t. ltre leamad to overcome
limiting baliefs and &mbrac& failure as part of the leaming pmcess. With a newfound resili&nc&. l am
prepared to take risks and face challenges head-on, knowing that each obstacle is an opportunity for
gromrth." 6DYts of third year families saw an increase in crop yleld of 2.5 or 3+ times, which enables
them through selllng their surplus harvest to develop other businesses for Improving their livelihoods.
On average, second and third year p8rtiapants each trained nearty 3 othar people in conservation
faming skllls.
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Amigos Worfdwlde
Trustees. Report
One community dellghted with the outcome of the conseNation faming training
This programrne utlllses a holistic approach. I￿uding conlliGt ￿$01￿tIon training to fostsr a wmmunty
spirtt and growth mlndset training so participants are able to make the b8sI use of Surplus harvest
S818s for developing businesses for the good of the family. Consequenuy, domestiG violence in the
firsl year h88 dropped from 77% to 7% and thè number of wom8n involvgd in decision making in the
home hag risen from 21 % to 91%. As one man said. 'Previously. the wllage grappled with frequent
conflicts, particularfy due to land disputps However. with Ihe introdu¢tM of mindset training, ¢onfllct
resolution sessions, and Ong￿ng mentorship. Ihe communty has undergone a complete
tranSfo￿atA￿. Now, instead of willict. peace prevails. Peopl• come logether in unty, prnwng
along￿de each other, and offering support in times of need. showcaslng the deep impact of collective
8fforts in fostsring harn￿nY and mutual asslslance within the communlty."
50 vulnerable and marginalised young people completed thelr trainlng to acquirè I￿e¢hanging skills at
our innovative residential hub, Kira Farm Development Centre. They arrlved in January 2023 to learn
conservation farming, building, Garpenty. beekeeping. IT skills, èlectrical wiring. hairdrgssing and
talloring skills as well as conflict resoluuon and business and life Skills. In additton, both male and
female tralnees participated in our Menstrual Hygiene Manag8ment IMHMI project which seeks to
ensure young women and girts can live wlth dignty and fvlly access the opportunities availabl8 10
them. Th8se trainees have now retumed to thelr communr(ies to implement their training and become
community transformers. Among the 2022 cohort, 54% have set up a business and 25% begun
employing others in 2023. The results of the Directorate of Industrial Training's assessment of the
2022 cohort in building, carpentry and tailoring arrived in 2023 and ail students athieved at least a
grade B, wlth many achievlng B+ or A.
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Amigos Worldwide
Trustees, Report
Kira trainee leaming capenty skills
Our famlly sponsorship prograrnme 503 children and careglvers achieved gthjd results so that
the most vulnerable can move to fully prowding for th8msefves. Children's p8rfomianc& (those among
the top 10 students in a dass has risen from 37% to 52%). aided by Iheir recefving school lunches,
has inspired parents of chlldren outside the programme to support their children b8tter. The
programme also distributed the sanitary pads made by the Kira trainees to the gids sponsored so that
they would be able to continue education when their p8riods occur. Since our sponsorship programme
focuses on transfomation for the whc4e family. caregivers recewed conservation farming and
business skllls training, thus benefiting the household. Many families reported an Increase in
hamionious household relationships.
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Amlgos Worldwlda
Tru5tees' Report
A previously supported family now looking to the future
Finally, in 2023 we commissioned an extemal and independent evaluation of our work and we are
delighted that the evaluator from Makerewe University concluded, 'Amigos demonstrates excell&nt
integdty and value for money in delivedng its relevant. up4(hdate and Iransformalive programmes..
Chlef Encutivo's Revlow
Commltted to Ongolng Communlty Transformatlon
We are delighted that 2023 has been a successful ￿r for Amigos and we are gratefvl that donors
and supporters have ojntlnued to be generous and suppor￿ve despite the cost-of-living crisi$.
The first half of the year was affected by the tragic death of the new Amigog Uganda Country Director.
Herbert Galusha. Herbert had only been In post for 5 weeks when he died unexpectedly on Good
Friday. We were heartened by the resilience of our Ugandan partner, who as well as supporting
Herbert's family were insistent on caryying on the work and implementing the changes Herbert had
idgntified. Wé ware thrilled that Robina Kyoshabire stepped into the role of County Director. Through
her wise leadership, 2023 became a year of growth for Amigos. and ensured that 33,649 people were
reached.
We secL¢red significant grants from trusts and foundations to support our sustsinable community
development work in northem and easlem Uganda. School and other trips from Europe to Uganda
took place, which contributed to our income. All these income stfeams. together with individual arid
corporate giving. eriabled us to meet our largel of Income. We also enjoyed an èxcellent Christmas
Appeal, raising £40,000 to support the work.
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Amigos Worldwide
Trustees. Report
This year we worked diredy with 30 communities, Ihiough local pastors and communty leaders,
d8epening the synergy in all our project areas. In these cornmunilies we delivered training in
conservation farming and provided short-term family sponsorship for the most vulnerable, as well as
installing 10 boreholes and delivering hygiene and sanitation training. This has reduced the time
school children spend collecting water, with parents generally noting an improvement in the children's
education 189% said thelr children's performance at school is now good). And with the health and
Sanitabon training. 97% of families have built a pil latrine (baselin8 24%), which contributes to the
reduction from 75% 10 17% of the occJJrrence of diarrhoea. The farming training offered has led to
parbupants inGrea$ing diversification in their famiing for greater stability and to Ihird year group5 who
have performed well beginning to us& group savings to move into mechanised farming. Amigos will
support these in 2024 to ensure that such famiing continues lo be practised withln a conservation
famiing framework through the Conversion of their machinery.
The class of 2023 lQra Fami trainees graduated in November 2023. This yèar Iwo new courses were
added, electrical wiring and beekeeping. The former Is in response to the increased elethfication in
rural Ugandan communities. The latter. in partnership with Bees Abroad, aims to see a grwng
number of successful beekeeping groups developing honey buslnesses supported by Kira graduates.
Kira tTrinees praclising their beekeeping skills
Amigos Wortdwrde Uganda partnered IpAth Trees for the Future in a reforestat￿n programme in Kaliro
which has flourished. A further 300 farmers have been trained and planted 839,016 Irees. Calliandra,
Grevilia, Sesbania. Leucaena, Mvule. Neem. fruf( and other tree species rthv cover 172 acres of
previously bare land.
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Amlgos Worldwide
Trustees. Report
A Forest Garden
The tree plantiw programme w8s one of lh8 programm8s recomm&nded by Ihe ext8mal evaluator for
roll out to all the distTiCts where we are working. Given that Uganda lost 33% of its forests in the ten
years to 2015, this is vital and we will begin the rollryout in 2024 in Gulu and Masindi. Other
recommendations for improvement included= to offer financial literacy training. build capacity to link
increased productivty lo markets, improve eneryy efficient stove training and increase the focjjs on
supporting people with disabilities. AJI these we will b8gin to attend lo in 2024.
We would not be able to do any of this vllal work withc￿t our partnershlp wtth Amigos Worfdwidè
Uganda, our incredibly generous supporters, and our partnerships wtih hugely valued Irusls,
foundatlons and orporations. Thank you.
Finalty, we continued exploring the possibilty of beginning a new work in South Sudan. We made one
trip in 2023 to this fragile county. to Eastem Equatoris Stste, to meet church and uvic leaders to
understand from them the needs and opportunities and assess the wabilty of assisting these
communities in rebuilding and improwng their Iwes. This was a follow-up trip to the tsvo visits made in
2022. The trauma of war has devaslatsng effects on hearts and minds, leaving many of the people
Ihat our team met anxious and feeling powedess for their ftrtura, despite the land's fertility. In 2024 we
will acc8SS the outcome of the trainirNJ and we will I￿)k to employ a South s￿Jane$e person to cary
th8 work forward.
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Amigos Worldwide
Trustees. Report
xeas of focus
ConsoThatlon Familng We provide training in conservation faming in rural communitses in
northern Ugandan, and al our main training hub- Kira Farm Development Centre.
Voeatlonal Tralnlng - At the residential Kira Fami Development Centre we equip young adults with
vocational skllls In carpentry. construction, tailoring. hairdressing, beekeeping. IT skills and electrical
wiring. In rural cownmunilles we provide tralning in marketing and micro-enterprise. All trainees also
receive trainlng In business skllls.
Beekeeping Fanning - We provide training in beekeeping at our maln training hub - Kira Farm
Development Centre - and beekeeping students go on to support and start new beekeeping groups in
the rural communities.
L5fe Skllls - We deliver training in practical technologles. confllct resolution and restorative justice.
Clean Water
We aim to install boreholes to provide dean water, ￿ere ne￿sSary, in the
communities we work in. AJI participants we work alongside receive training in health and hygiene.
Gèndèr Empow6rment- We IC￿j5 on the equal value, honouring and the genuine empowerment of
VKJmen across all our programmes.
Edu&ition - To ensure chlldren attend school we work with whole families, PrO￿dIng guardians with
the familng and buslness skllls needed to support the children in their care, a5 well as distributlng
unlforms and academlc materfals to ensure the poorest children gain an education.
FU￿re Plans
A New 4-Year Programme
This year ￿11 s6& tha start of a new approach to community
development. Extending the programme to 4 years, thls first year will focus on building relationships
wth new communities. joumeying with them to halp them Identlfy key needs and opportunities and
than providlng Iralnlng In communlty development. This will enable local communities to lead their
own incluslve development whether through conseryalion farming. business start-ups, youth
8mpowerment or other ventures and lead on to greater local aspirations. In this way, we will be better
able lo serve the 35,000 disadvantaged and marginalised people with whom we partner annually.
Conservation Famiing Groups - 20 second and thlrd year community famiing groups wlll gain
enhanced trainlng In conservation famiing and business skills, leading them to consolidate their
famiing skills and take advantage of securlng access to markets. Thls will impact the lives of 4,900
people and many more whom they train.
Famlly Sponsorship - Last year, we supported 57 new chlldren and their families, bringing the totsl
number of sponsored children to 503. In 2024, we would love to add another 100 families lo our family
sponsorship programme.
Kira Fam) Development Cèntre - Every year, we have more and more precious young people
pursuing the opportunlty to come to Kira Farm. This year. we have 50 trainees. We Iwk forward to
seeing them blossom over the coming rnonths, ready to traln others back in their communities.
eekeeping - We are launthing new community beekeeping groups in Gulu and Masindi through the
leadership of Kira graduates. A new cohort of Kira beekeeping trainees will learn beekeeping this year
with the aim that through thelr leadership further new beekeeping groups will be started in 2025 and
a￿sS to honey markets secured.
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Trustees. Report
Reforeststion Programme - We will roll OLrt our sustainable reforeststion programme to Gulu and
Maslndi di8￿Cts, including the planting of Indlgenous trees that are essential for the environment.
alongside f8St-growing. sacrtficial specles for bumlng. building or charcoal production. This will help
communlties secure their lon*terni vlable future.
South Sudan - 8uikYing on the exploratory visits in 2022 and 2023. we will begin estsblishing a basis
tor tacilitating IcKally led development through new South Sudanese staff In 2024.
Equal opportunltles
Amigos Wortdwide is committed to the principle and practi￿ of equal opportunlties and alms to be an
equal-opportunities employer. Our employment policy seeks to ensure that no lob applicant or
employee receives less favourable treatment on the grounds of sex, marital status, ethnlc origln.
disability, dass, colour, HIV 8nd AIDS status, personal circumstances, sexual or6entatlon. or any other
grounds that are unjustifiable in terms of equality of opportunities for all.
The Environmgnt
We are committed to reducing the envlronmental Impacts of our operations and playing our part In
reducing dimate change and tts adverse impact ori many of the communities we work wlth.
Thank you
Nothing would b8 POS9ible wthout the individuals, volunteers, churches, trusts. foundations,
corporations and businesses who supported us throughout 2023, including wth our Christmas
Appeal. We would Ilk8 lo give our Spe￿al thanks to the followlng Irusts, foundatlons, and
organisations for their support this year
Trusts and Foundatlons
Ashworth Charitable Trust
Brlght Future Trust
Chades Hayward Found8tion
Corton Hlll Tnjst
Freedom Apostollc Mlnlstdes
Christsdelphian M8al-A-Day Trust
Q Charitable Trust
Sherbome St John Tnjst
St James, Place
The Ninety Foundation
The Pickwell Foundalknn
VV F Southall TNst
Corporate Partners
Brewer, Harding & Rowe
Just Office
Kings Carpets
Local Rotsry Clubs- Braunton, Bamstaple. Ilfracombe, Tlverton, Clifton {Bristoll
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Amigos Worldwide
Trustees. Report
Phllip J Mllton & Company PIC
Southgate Estates
Charity Partners
Bees Abroad
Trees for the Future {fundlng won by Amlgos Uganda)
Tools for Self Reliance
Tools with 2 Mlssion
Workaid
Churches
Christ Church. BrÈunton
Chrlst Church, Ware
Church in the Park {Australi8}
Grosvenor Churth, Barnstaple
Haywards Heath Baptist Church
Holy Trinity Churth, Barnslaple
Holy Trinity, Brimscombe
Ilfracombe Baptist Church
One Life Chur¢h. Bamstaplg
Pinho8 Road Baptist Church, Exeter
Primley United Refomed Church
St Austell Life and Llght Church
St Hieritha Parish Church
St John the Baptist Blshops Tawion
St MaWs Church, Wythall
St Mark's Church, Cardiff
Schools
Blshops Tawton Pdmary Scho
Braunton Academy
Denmark Road High Schc
Hockerill Anglo-European College
Kingsacre Primary School
Ludgvan School
Pilton Bluecoat Academy
Pillon Community Collage
South Motton United C of E Primary School
The Park Community School
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Amigos Worldwide
Trustees. Report
Financlal Revlew
Amigos, work is funded through a range of regular donors, one-off donatKJn5, legacies. trusts and
grants. 2023 saw our income reach £582.419. This indudes £135,000 in legaci8s and raising £40,000
through our Christmas appeal.
EXPENDITURE
We spent £454,239 to help Improve the lives of those in poverty across Uganda.
We contlnued to njn Kir8 Fam Development Cenlre, reflectlng our commitment to raising up
the next generation of mothers and fathers who can transform their communities.
We Invested in rural communlty projects through conservation fam)Ing groups, building on
previous success, after recognlsing that thls 8ppro8ch greally Increases our Impact levels at
very low cost.
W8 continued in our commitment to support children in edU￿tIOn through our Family
Sponsorship Programm8, as well as equipping their families through projects including
busin8ss training, health, nutrition, livelihoods, and clean water.
We contlnued lo focus not on lust indiwduals. but entire comrnuniUes, equipping them ￿th the
skills. knowledge and access to essentials such as food, water and education so that they may
become self-sufflclent.
Reserves Policy and Going cOn￿M
The trustees hold restrict8d ffjseNes of £113,221
The trustees revlew the level of reseNes on a regular basls to ensure Ihat the appropriate levels aro
maintairbed in light of the main risks to the organlsalion and ftjture developments. The folltiwing
deslgnated reserves are held at the year end:
Fixed assets which cannot be used to fvnd expenditure without being sold of £881
In order to prot&ct th& charity's beneficiaries from unexpected falls in incom&, or unexpected
exp8nditure, we hav8 a fvjnd equating lo six months budgeted running costs of £210,000
Project development funds to be used to support new projects being".
Redevelopment of Klra F8nn £96.195
South Sudan £148,960
Purchase of vghicles £120,000
The remaining reserves of £376,996 are hald in the General Fund. It IS envisaged that soma of these
reserves will be invested into Kira Farm once plans are received from Amigos Uganda. These plans
are expected to include enhancing the income4Jeneraling capacity of Kira Fami through developing
the guest accommodation which will increase the long-temi sustainabllity of Kira.
The trustees have rewewed the circumstances of the Charity and consider that adequate resources
continue to be available to fund its activibes for the foreseeable future. The trustees are of the view
that the charity is 8 going concern.
Impaimient Review Policy
Each year, the Tnjslees physically review the assets of the Charlty to consider whether there ore any
indicators of permanent impairment. If any impairm8nl is found. the value of the impaiment is tsken to
the Stst8m@nt of Financial Activities in the year.
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Amigos Worldwide
Trustees, Report
Management of Rlsk
The Trustses have identified that the main risks to the Charty are:
Dlfficumes in eontrolllng expendbture due to geographical separation
Periods of recesslon and economic downlum
Potential misappropriation of asspts
The Trustees monitor the rlsks with contact and communicatlon wlth the managers and responsible
indNiduals in Uganda. Thls Includes regular visits to Uganda by the Trustees and one Trustee lives in
Uganda.
Statement of trustees. responslbllltles
The Irustees (who are also the directors of Amlgos WOrf￿de for the purposes of company lawl are
responsible for preparing the trustees, report and the financial stslements In accordance with
applicable law and United Kingdom Aecountlng Standards {United Kingdom Generally Accepted
Accounting Praclicel, including FRS 102 Yhe Flnanaal Reporting Stsndard applicable in the UK and
Republlc of Ireland The report and accounts have been prepared In accordan(x the provisions
in the Companles Act 2006 relating to small companies.
Company law requires the trustees to prepare finanual statem&nts for each financial year. Under
company law the trustees must not approve the financial statements unless they are satIsf￿d that
they glve a true and falr view of the state of affairs of the charitsble company and of the incoming
resources and application of resources. including its income and expendilure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to=
5glect suitable accounting pollcies and apply them consistently,
observe the methods and principles In the Charities SORP..
makg judgements and estimates that are reasonable and prudent-
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financi81 statements., and
prepare the financial statoments on the golng concem basis Unl￿ it Is inappropriate to presume
that the charitable company will continue In buslness.
The trustees are responsible for keeplng proper accounting records that can disdose wllh reasonable
accuracy at any time the financial wsltion of the charitable company and enable them to ensure that
the financial ststements comply with the Companies Act 2006. They are also responslble for
safeguarding the assets of the charftable company and hence for taking reasonable step5 for the
prevention and detection of fraud and other i￿egula￿ties.
The trusiees are responsible for the maintenance and integrity of lh8 corporate and financial
Information included on the charitablg ￿mPanI5 website. Legislation goveming the preparation and
dlssemination of financial statements may differ from legislat￿)n in otherjurisdiclions.
Small companles provlslon statement
This report has been prepared in ac￿rdanCe with the small companies regime undgr the Componies
Act 2006.
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Amigos Worldwide
Trustees. Report
The annual report was approved by the trustees of the charfty on
behalf by.
2910812024
and signed on its
Mrs S Campbel-colquhoun
TTUSte8
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Amigos Worldwide
Independent Examiner's Report to the trustees of Am5gos Worldwide (%hg
Cornpan￿)
I report to the charity tnjstees on my examinatbn of the accounts of the Company for the year ended
31 De￿mber 2023.
Responsibilities and basls of report
As the charity's trustees of the Company land also Sts directors for the purposes of company law) you
are responsible for the preparation of the accounts In accord3nce with ihe requirernents of the
Companies Act 2006 ('Ihe 2006 Act'l.
H2vlng satlsfied myself that the aeeounls of the Company are not required to be 8udited under Part
16 of the 2006 Act and are ellgible for Independent examination, I report in respect of my examination
of your charity's aecoLtnts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l.
In carrylng out my examination I have followed the Dlredons glven by the Charity Commission under
section 145151{bl of the 2011 Act.
Independent examinerfs statement
Since the Companls gross Income exceeded £250.000 your 8xaminer must be a member of a body
listed in section 145 of the 2011 Acl. I confimi that l am qualified to undertake the examination
because l am a member of ICAEW. which is one of the listed bodies.
I have completed my examination. I confimi that no matters have com8 to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kepl in resped of Amigos w0￿￿de as requlred by section 386 of
the 2006 Act., or
2. the accounts do not accord with those re¢xtrrds', or
3. the accounts do not comply wth the accounting requirements of sectlon 396 of the 2006 Act
other than any requiremant that the accounts givè a Irue and falr vlew whlth Is not a matter
consldered as part of an independent examination.. or
4. the accounts have not been prepared in accordance wlth the m8thods and prinuples of the
Stslemenl of Recommanded Practice for accounting and reporting by charities lapplicable to
charities preparing their accounts accordance with the Financial Reporting Slandard
applicable in the UK and Republic of Ireland IFRS 102)].
I have no concems and have come across no other matters in connectlon the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
erlne Wllli8ms FCA DChA
Westcotts (SWI LLP
47 Boutport Street
Bamstaple
Devon
EX31 1SQ
Page 15

Amigos Worldwide
Statement of Flnanclal Actlvltles for the Year Ended 31 December 2023
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Totsl
2023
Totsl
2022
Note
Income and Endowments from:
Donations and legacies
Other tradlng aCtiV￿eS
Investment income
361,932
475
17,266
202,746
564.678
475
17,266
905,437
748
1.309
Total income
379,673
202,746
582,419
907,494
Expendlture on:
Raising funds
Charitable activities
(1,823}
{102,757
11,8231
1452,4161
1454,2391
(3,6741
352.8791
1349,6591
Totsl expenditure
{104,580
349,659
356,5531
Nel incomel{expenditure)
Transfers between funds
275.093
100,543)
1146,913)
100,543
128,180
550,941
Net movemènt in funds
174,550
146,370)
128.180
550,941
Reconciliation of funds
Total funds brought forward
Total fvnds carried forward 20
778,482
159,591
938,073
387.132
953,032
113.221
1.066,253
938.073
All of the charity's actlvllles derlv& from continuing opgrations during the a￿ve ￿ periods.
The funds breakdown for 2022 is shown in note 20.
The notes on pages 19 to 35 fomi an integral part of these financial statements.
Page 16

Amigos Worldwide
(Reglstratlon number. 06122350)
Balance Sheet as at 31 December 2023
2023
2022
Note
Fixèd assets
Tanglble assets
Investments
14
15
881
100
765
1¢XJ
981
865
Current assets
Debtors
Cash at bank and In hand
16
17
172,588
899,610
34,597
908,197
942,794
1.072.198
CredSlors: Amounts falllng due wlthln one year
18
6,926
5,586
Net current assets
1,065,272
937,208
Net assets
1.066.253
938,073
Funds of the charity:
Restrlcted income funds
Restricted funds
113.221
159,591
Unrestricted income funds
Unrestricted funds
953,032
778,482
Total funds
20
1,066,253
938,073
For the financial year ending 31 Dec8mber 2023 the charity wa5 entitled to exemption from 8udlt
under section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not r8quired the charity to obtain an audit of Its accounts for the year Sn
question in accordance with section 476,. and
The directors acknowledge their responsibilities for complylng wth the requirements of the Act
respect to accounting iecords and the preparation of ac(x)unts.
These financial statements have been prepared in accordance vlth the speual provisions relaling to
companies subject to the small companies regime within Port 15 of the Companies Act 2006.
The financial statements on pages 16 to 35 were approved by the trustees, and 8Uthorised for Issue
on29lQ512024.... and signed on their behalf by:
Mrs S Campbèll-colquhoun
Trustee
The notes on pages 19 10 35 form an integral part of these financial statements.
Page 17

Amigos Worldwide
Statement of Cash Flows for the Year Ended 31 December 2023
2023
2022
Cash flows from operatlng actlvllles
Net cash income
128,180
550,941
Adjustments lo ¢ash flows from nonw¢a$h Items
Depreciation
Investment income
14
483
{17.2661
111,397
804
11,3091
$50,436
Working capitsl adjustments
Decrease in slocks
Increase in debtors
Increasel{decreasel In credltors
Net Cagh flows from operating actlvlttes
2,090
115,073)
1316)
16
18
1137,9911
1.340
125,254)
537,137
Cash flows from Inves15ng actlvltles
Interest receivable and similar income
Purchase of tsngible fixed assets
Net cash flows from Investlng actlvlties
Net (decreaseylncrease in cash and cash 8qulvalents
Cash and cash equivalents at 1 January
17,266
1599
1,309
14
16,667
1.309
(8,587)
908,197
538.446
369.751
Cash and cash equivalents at 31 December
899,610
908,197
All of the cash flows are derived from continuing operations during the above tsvo pariods.
The notes on pages 19 to 35 fomi an integral part of these financial statemgnts.
Page 18

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
1 Charfty status
The charity is limited by guarantee. incorporated in England and Wales. and consequently does not
have share capital. Each of the trustees Is liable to contribute an amount not exceeding £1 lowards
the assets of the charty In the event of Ilquidation.
The address of its reglstered office Is:
3 Boutport Street
Mermaid Walk
Bamstsple
Devon
EX31 1RH
2 Accountlng pollcles
Summary of slgnificant accountlng pollcles and key accountlng estlmates
The principal accounting policies applied in the preparation of these financial statements 8re set out
below. These policie5 have been consistently applled lo all the years presented, unless olherwlse
stated.
Statsment of compllan¢e
The financial ststements have been prepared in accordance with Accounting and Reporting by
Chartties= Statement of Recommended Practlce (applicable to charttles preparing their accounts in
accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS
1021) (issued In Octobar 2019) - (Charities SORP {FRS 1021). the Financial Rep(wUng Standard
applicable In the UK and Republic of Ireland {FRS 102} and the Companles Act 2006.
Basis of preparation
Amlgos Worldwide maets the definition of a public benefit entity under FRS 102. Assats and liabilibes
are initially recognised at historical cost or transaction Yalue unless otherwise staled In tho relevant
accountlng pollcy notes. The fir)ancial $tataments aro prepared In sterling whlch Is the functional
cJJrrency of the charfty.
Golng concern
The trustees consider that there are no materfal uncertaintles about the charitys ability to continue as
a going concem nor any slgnlfi￿nI areas of uncertalnty that affact the catyng value of assets held by
the charity.
Exemption from preparlng group accounts
The charity is not requir8d lo prepare consolldaled accounts In accordance wlth the Charities Act
2011, and has taken advantage of the option not to prepare consolidated financial statements
contained in Section 398 of the Companles Act 2006 on the basis that th6 thar(ty and fts subsldlary
undertakings comprise a small group.
Page 19

Amlgos Worldwida
Notes to the Financial Statements for the Year Ended 31 December 2023
Income and endowments
All Income is recognised once the Charity has entiuement lo the income, it is probable that the Income
will be reeeived and the amount of the ineome receivable can be measured rellably.
Donatlons and legacles
Donatlons are recognisèd when the charlty has been notified in writing of both the amount and
settlement date. In the ever)t that a donallon Is subject lo conditions that require a level of
perf0rrnan￿ by the charity before the charfty Is enllded lo the funds, the income is defe￿ed and not
recognised until either those COnd￿onS are fully mel. or the fulfilmenl of those conditions is wholly
within the conlrol of the charity and it is probable that these cDndilions will be fulfilled in the reporting
period.
Legacy gifts are recognised on a case by case basis following the grant of probate when the
adminislratorlexeculor for the estate has communicated in writing both the amount and setuement
date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on
a recognised stod( exchange. recognition is subject to the value of the gift b8ing reliably measurable
with a degree of reasonable accuracy and the li￿e to the asset having been transfe￿ed to the charity-
Grants r•c•lvabl•
Grants are recognlsed when the charty has an entiuement to the fvnds and any conditions linked to
the grants have been mel. Where perfOrnian￿ conditions are attached to the grant and are yel to be
met. the Income is recognlsed as a liability and induded on tre balan￿ shèat as deferred income to
be releas8d.
Investment inGome
Investment In￿Me is included when receivable.
Expendlture
All expenditure is recognised once there Is a legal or constructNe obligation to that expendlturè. It Is
probable setuement is required and the amount can be measured reliably. All costs arè allocated to
the applicable expendtiure heading that aggregate similar costs lo that c8legory. Where Costs eannot
b8 direclty attributed to particular headings they have been allocated on a basis consistent with the
use of resources, with central staff costs allocated on the basis of time spent, and depreciation
chargÈs allocated on the portSon of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Ralslng funds
These ar8 costs incu￿ed in 8ttr8cting voluntary income. the management of investrnents and those
incurred in tradlng activlties that raise fvnds.
Charllablo actlvlths
Charftable expenditure comprises those costs incurred by the charity in the delivery of ils activitles
and services for its beneficiarfes. It Includes both costs that can be allocated directly to such activitles
and Ihos8 costs of an indirect nature necessary to support them.
Grènt provisions
Provisions for grants are made when the intentlon to make a grant has been communicated to the
recipient but there is uncertainty about etiher the timing of the grant or the amount of grant payable.
Page 20

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
Support costs
Support costs include central functions and have been allocated to activty cost categories on a basis
consistent with the use of resources, for example, allocating property costs by floor areas. or per
Ggpita. staff costs by the time spent and other costs by their usage.
Tanglble flxed assets
Tangible assets are iriitially recorded at cost, and subsequenlly stated at cost less any accumulated
depreciation and impaimient losses.
Depreclatlon and amortlsatSon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Asset class
Fixtures, Fittings 8nd Equipment
Depreclatlon method and rate
4 years straight line
Flxed asset Investments
Fixed asset investments. other than programme related Investments. are included at markel v81ue at
the balance sheet dale. Reallsed galns and losses on Investments are calculated as the drfference
ba￿en sales proceeds and their market value al the sl8rt of the year, or their subsequent cost, and
are charged or credited lo the Statement of Financial Activits8s in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are
credited or charged to the Ststement of Financial Activf(ies based on the market value at the year gnd.
Cash and cash èquivalènts
Cash and cash equivalents comprise cash on hand and call deposits, and other short-lerm highty
liquid investmenls that are readily converbble to a known amount of cash and are subjed to an
insignificant risk of changg in value.
Fund structure
Unrestricted funds are genaral funds that are available for use al the trustees discretion in furtherance
of the objectives of the charity.
Designated funds are unrestricted funds 8armarked by the trustees for sp8crfic purposes
Restricted funds are those donated for use in 8 particular area or for specrfic purposes, the use of
which is restrictsd to that area or purpose.
Flnanclal Instruments
Classlflcatlon
Finan￿al assets and ffinancial liabilits85 are rewnised when the charfty becomes 8 party lo the
contractual provisions of the instrument.
Financial liabilities and equity instruments are cla8sif16d according to the substance of the ￿ntraCtUal
arrangemants entered into. An equfty Instrument is any contract that evidences 8 residual interest In
the assets of the charity after deductlng all of Ils118blllties.
Page 21

Amigos Worldwide
Notes to th8 Financlal Ststements for the Year Ended 31 December 2023
Recognltlon and measurement
All finanaal assets and 118bilities are inidally measured at Iransactlon prlce (induding transaction
coslsl, except for those ffnancial assets classified as at falr v81ue through profit ￿ loss, which are
initially measured at fair value {whlch is normally the transaction price excluding transaction costs}.
unless the arrangement constltutes a financing transaction. If an arrangement conslitules a financing
transaction, the finanaal agsel or finaneial liablllty Is measured at the present value of lh& future
payTnents dlscounted at a market rate of interest for a similar debt Instrument.
Flnandal assets and liabilities are only offset in the statgment of fin8ncial posllon when, and only
when there exists a legally enfor￿able right to set off the recognised amounts and the charlty Intends
ets to setde on a nel basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) th8 contractual rights to the cash flows
from the financial asset expire or are setued, bl the charity transfers to another paty substantially all
of the risks and rewards of ownership of the financial asset, or cl the charity, despite having retained
SOrn8. but nol all, significant risks and rewards of ownership, has transferred control of the asset to
another party.
Financial liabilitigs are derecognised (￿lY when the obligation specified in the conlrad is discharged,
ancelled or expires.
3 Income from donatlons and legacles
Unr•strfcted
funds
General
Restrlcted
funds
Total
2023
Donatlons
Donations
Bees
strengt￿InspIre
Glft 8id recoverable
Legacles
Legacies
Grants
Grants receivable
Sponsorship
Child sponsorship
Klra Teacherlstudent sponsorship
KIRU
Child gffts
Bor8holeslwater projects
Community Sponsorship
110.894
110,894
1.456
920
28,996
1,456
920
19.417
9,579
135,000
135,000
106,459
32,142
138,601
38,242
31.855
1,872
9.842
22.352
44,648
202,746
38,242
31,855
1,872
9.842
22,352
361,932
564.678
Paga 22

Amigos Worldwida
Notes to the Financial Statements for the Year Ended 31 December 2023
3 Income from donatlons and legacles Ieontlnu￿l
Unrestrlcted
funds
General
Rostricted
funds
Totsl
2022
Donatlons
Appeals and donatk￿S
Bees
Strengthllnspire
Klrtt farm development
Gift aid recoverable
Legacies
Legacies
Grants
Grants receivable
Sponsorshlp
Child sponsorship
Kir8 Te8cherlStudent SPKX150rship
KIRU
Chlld gffts
Boreholeslwater projeds
CommunEty Sponsorshlp
114,161
114.161
500
1,579
46.500
34,928
500
1,579
46,500
23,759
11,169
453,978
s.000
458,978
2,500
70.840
73,340
46,628
29.396
6.773
8,402
39,785
44,467
46,628
29.396
6.773
8,402
39,785
44.467
581.808
323,629
5.437
4 Income from other Iradlng actlvltles
Unrestrlcted
funds
General
Totsl
2023
Shop sales
475
475
Unrestrlcted
funds
General
Total
2022
Shop sales
748
Pag& 23

Amlgos Worldwido
Notes to the Financial Statements for the Year Ended 31 December 2023
5 Investment income
Unrestrlcted
funds
General
Totsl
2023
Interesl receivable
17,266
17,266
Unrestrfcted
funds
General
Tolal
2022
Interest receivable
1,309
1.309
6 Expendlture on ralslng funds
Unrestrlcted
funds
General
Total
2023
Costs of r8ising donations and legacies
Fundralsing events
1,823
1.823
Unrastricted
funds
General
Totsl
2022
Costs of ralslng dOna￿On9 and16gade$
Fundraising events
Costs of trading activiti8s
Shop costs
1.584
2.090
2,090
3,674
3,674
Page 24

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
7 Expenditure on charitable activities
Unrestrlcted
funds
General
Restrlcted
funds
Total
2023
Note
Project costs
Grant funding of actwities
Support costs
65,225
284.434
65,225
328.724
58,467
44,290
58,467
102,757
349,659
452,416
Unrestricted
funds
General
Restricted
funds
Totsl
2022
Noté
Project costs
Grant funding of acti￿tte$
Support costs
59,500
217.962
59.500
243.086
50.293
25.124
50.293
75.417
277.462
352.879
8 Analysis of support costs
Support costs allocated to charitabla activities
Totsl
2023
Totsl
2022
Bank charges
Rent
Insurance
Office expenses
Legal and professional fees
Independent examinerfs fee
Accountsney fees
Wages and salaries
Depreciation, 2mortisation and olher similar costs
Staff training
Travglling
Computer sothre and IT
1,733
3,750
1,023
3,297
85
1,185
1,185
29,097
804
3,750
1,069
2,813
85
1,387
1,387
36,452
483
ij
567
1,365
7,761
878
194
7.062
58,467
50,293
Page 25

Amigos Worldwide
Notes to the Flnanclal Statements for the Year Ended 31 December 2023
9 Analysls of grants
2023
2022
Grants to Institutlons
Amigos Uganda
328,724
243.086
10 Net Incomlngloutgo4ng rnsoureès
Net incoming resources for the year indude=
2023
2022
Depreciation of fixed assets
483
804
11 Trustètts rèmunerauon and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity
during the year.
No trustees have re￿fved any reimbursed expenses from the charfty durlng the year.
Page 26

Amigos Worldwide
Notes to the Financlal Statsments for the Year Ended 31 December 2023
12 Stsff costs
The aggregate payToII costs were as follows:
2023
2022
Wages and salarfes
Social seeurity costs
Employers o)nlributions to pension p18n
86,023
1,679
3,980
91.682
73,700
1,482
3,475
78,657
The average head count of employees during the year was 4 12022: 4). The average number of
fulktime equivalent employees during Ihe year is analysed as follows..
2023
No
2022
No
Management and administration - UK
No &mployee recelvad emolum8nts of more than £60,000 durlng the year.
13 Indapondent examlnallon hes
2023
2022
Independent ex8min8tion of the financial statements
Other financial services
1.387
1,387
2,774
1.185
1.185
2,370
Page 27

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
14 Tanglblo fixed assets
Fixtures.
flttlngs and
equlpmenl
Total
Cost
Al 1 January 2023
Additions
15,185
599
15,185
599
At 31 December 2023
15,784
15,784
Depreciation
At 1 January 2023
Ch8rge for the year
14,420
14.420
483
At 31 December 2023
14.903
14.903
Net book valu•
At 31 De￿mber 2023
881
881
At 31 December 2022
765
765
15 Fixed asset investments
Shares in group undertakings and participating intèrèsts
Shares In
group
undertakings
Totsl
Cost
At 1 January 2023
At 31 De￿rnber 2023
100
100
100
100
Net book value
At 31 December 2023
100
100
At 31 December 2022
100
1cwJ
Page 28

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
Details of undortakings
Details of the investments in which the charity holds 20% or more of the nominal value of any dass of
share capital are as follows:
Country of
Incorporatlon
Proportion of votlng
rights and shares held
2023
2022
Prfncipal
actlvlty
Undertaklng
Holding
Subsldlary undertaklngs
The
provision of
trips
lo
Uganda
Amigos Worfdwide
Ventures Limited
England and
Wales
Ordinary
100%
100%
Subsidlarles
The profit for the financial period of Amigos Worldwde Vantures Limited was £18,424 {2022.. £4,684)
and the aggregate amount of capital and resetves at the end of the perlod was £10012022.. £4.7841.
16 Debtors
2023
2022
Prepayments
Accnjed income
Other debtors
50,588
120,000
2.000
20.589
14.008
172,588
34,597
17 Cash and cash equlvalents
2023
2022
Cash at bank
899.610
908,197
Page 29

Amlgos Worldwide
Notes to thè Flnan¢ial Statements for the Year Ended 31 De¢embar 2023
18 Credltors: amounts falllng due wlthln one year
2023
2022
Other taxation and sodal security
Other creditors
Accruats
1,443
696
4,787
6.926
522
5.586
19 Obligations under leases and hire purchase contracts
Operatlng lease commltments
Total future mlnlmum lease payTnents under non-cancellable operating lèases are as follows-
2023
2022
Be￿n one and five years
10,313
14,063
Page 30

Amlgos Worldwide
Notes to the Financial Statements for the Year Ended 310ecemb8r 2023
20 Fund5
Balance at
31
D8¢ember
2023
Balance at
1 January
2023
Incomlng Resources
rosources
expended
Transfers
Unrestrfcted funds
General Funds
Running Gosts
Project development
Fixed assets
577.717
150,OCIJ
50,000
765
379,673
{79,0661 {501.3281
60,000
340,186
599
376,996
210.000
365,155
881
{25.031)
{4831
104,580
778,482
379,673
1￿,543}
953,032
R8stricl8d funds
Chlld sponsorshlp and
gifts
Community sponsorship
Klra Sttjdent 8nd Tgacher
sponsorship
KIRU
Boreholes
20.242
56,528
56,270
176,9t91
167,9761
11,700
11,706
11,551
20,301
8,865
42,954
926
2.894
10,291
36.305
17,177
34,090
1.456
171,8491
167,8491
147,5531
12,9731
27.7
48.750
12,553
6.943
29.491
591
Bikes
Solar
M&nstrual Health
Management
Strength I Inspire
Kira Farni D8velopm8nt
2,894
10,291
6.000
618
46,500
(6,0001
18451
,695
693
38,805
159,591
202.746
349.659)
100.543
113,221
Total funds
938.073
582.419
{454,239)
1,066,2S3
Page 31

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
20 Funds Icontlnuedl
Balance at
31
D¢¢¢rnber
2022
Balance al
1 January
2022
Incomlng Resources
resourtes
expended
Trdnsfers
Unre$trlct8d funds
General Funds
Running costs
Project development
Fixed assets
131.902
150,000
25,000
1,569
308.471
583,865
167,0411
{71.0091
577,717
150,000
50,000
765
(11,246)
(8041
179,091)
36,246
583.865
{34.763)
778,482
Restrlcted funds
Child sponsorship and
gifts
Community sponsorship
Klra Student and Teacher
sponsorship
KIRU
Boreholes
13,828
69.210
60.042
{62,7961
(50,8621
20,242
{9,1801
18,630
42,161
36,272
59.356
2,500
{61,0221
150,818)
{45,872)
(1.737)
20,532
23.411
20,301
8,865
42,954
926
2,894
10,291
29.470
163
2,894
10.291
Bikes
Solar
Menstrual Health
Managemenl
Strength I Inspira
Kira Fam Development
3,385
6.000
1,588
46.500
(3,385)
1970)
618
46.5CMJ
78,661
323,629
277.462)
34.763
159,591
Total funds
387,132
907.494
356.553
938.073
Page 32

Amigos Worldwide
Notes to the Flnanclal Statements for the Year Ended 31 December 2023
Unrestrlcted Funds
General Funds
General funds are donations and other incoming reSoUr￿S receivable or generated for the objects of
the charSty wlthout further speafic Pllfp09e and which the chaHty may use for its
purpose at its discretion.
Runnin
Costs
Funds designated to protect the charitys beneficlarles from unexpected falls in income or unexpected
expenditure equating to slx months budgeted runnlng eosts.
Pro
ecl Develo
ment
A project development fund used to support new projects.
Fixed Assels
Fixed assets which cannot be used to fijnd expenditu￿ without belng sold.
Rèstrlcted Funds
Child suonsorship.gnd gi.fls
Chlld sponsorship funds are used to enable children in Uganda to be supported through education
ommunil
onsorshl
Community Sponsorship fvnds are used to ensure children attend school we work wilh whole familEs,
providing guardians with the fam)Ing and business skills needed to support the children in their rare,
as well as distributing unrforms and academic materials to ensure Ihe poorest children gain an
education.
Kira Student and Tp.achg.r.E
nsorshi
Kira Student and Teacher Sponsorship funds are used to support the training of young people at Klra
Fam Development Centre.
KIRU
KIRU fvnds 8re used to tr8in rural farnilng groups.
Boreholes
Boreholeslwater project funds are used to provide a¢cess to claan water.
Bees
Bees funds are used to provide hives and trainln9 in beekeeping.
Bikes
Bikes funds are used to provlde bicycles amongst our farming groups and fund a bikes mechanics
eJJrriculum at Kira Farm.
Solar
Solar funds are used to provide solar packs amongst our farming groups.
Menstrual Health ManaAemgn!
Menstnjal Health Management funds are used to help remove stigma around menstruation and
improve school attendance.
Page 33

Amigos Worldwide
Notes to the Financial Statements for the Year Ended 31 December 2023
Stren
hllns
ire
Strengthllnspire funds are used to support the stren￿￿1n$p1re programme vlslL
Kira Farm Develo
ment
Kira Fam) Development- Funds to develop Kira Farm Developmenl Centre.
Transfers from General Funds are:
New designations by the trustees
Cost of )Ixed asset addition in th8 year and
Costs of reÈtri¢ted projects paruy funded by unrestricled ￿nds.
Page 34

Amigos Worldwide
Notes to the Financlal Statements for the Year Ended 31 December 2023
21 Analysis of net assets bgtwgen funds
Total funds
at31
Deeember
2023
Unrestrlthd
funds
General
Restrlcted
funds
Tanglble fixed assets
Fixed asset Snvestments
Current assets
Current liabilities
881
100
958,977
{6,9261
953,032
881
100
1.072, 198
6,926
113,221
Totsl net assets
113,221
1.066,253
Totsl funds
at31
December
2022
Unrestrlcted
funds
General
Restricted
funds
Tanglble fixed assets
Fixed asset investments
Current 8ssels
Current Ilabllltles
765
100
783.203
{5,586}
778,482
765
100
942,794
15,586)
938.073
159,591
Totsl net assets
159.591
22 Related party transactlons
During the year ended 31 December 2023 the charfty benefited from an interest free loan from its
subsldlary company. Tha amount owed from the subsldiary at th8 year end was £2,IX)0 12022..
£14.008 owed from the subsldiary}.
Page 35