Company registration number: 06122350 Charity registration number: 1119450
## Amigos Worldwide
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 December 2025
## **Amigos Worldwide**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 16|
|Independent Examiner's Report|17|
|Statement of Financial Activities|18|
|Balance Sheet|19 to 20|
|Notes to the Financial Statements|21 to 35|
## **Amigos Worldwide**
## **Reference and Administrative Details**
**Company Registration Number** 06122350 **Charity Registration Number** 1119450 **Trustees:** Mrs S Campbell-Colquhoun Mr M Fox Mr A Thomson, (resigned 1 January 2025) Ms L Apio (resigned 26 February 2026) Mr C Hession The charity is incorporated in England and Wales. **Registered Office** 3 Boutport Street Mermaid Walk Barnstaple Devon EX31 1RH **Independent Examiner** Catherine Williams FCA DChA Westcotts (SW) LLP 47 Boutport Street Barnstaple Devon EX31 1SQ
Page 1
## **Amigos Worldwide**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2025.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
The organisation is a charitable company, limited by guarantee, incorporated on 21st February 2007, and registered as a charity in the UK on 1st June 2007. The company was established under a memorandum of association (as amended by special resolution on 15th December 2008) which established the objectives and powers of the charitable company and is governed under its articles of association.
## **Recruitment and Appointment of Trustees**
The directors of the company are also charity trustees for the purposes of charity 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.
## **Induction and Training of Trustees**
New trustees have a six-month induction period during which they are assigned a trustee mentor who can provide advice and guidance. Trustees receive an induction pack containing key information and will initially spend time with the management team in order to gain a further understanding of Amigos’ work and strategic priorities.
## **Management Team**
James Lewis acts as Chief Executive for Amigos Worldwide and oversees the day-to-day management of the charity.
## **Employee Involvement**
Amigos is committed to keeping UK overheads low to ensure that maximum funds can be directed into projects in Uganda through our partner, Amigos Worldwide Uganda. As a result, we have an intentionally lean employee base in the UK. Including our CEO, we currently employ one fulltime and three part-time staff members who look after accounts, 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 public benefit requirement.
## **Objectives and Activities**
**Our vision:** For every person in Uganda to be thriving.
**Our mission:** Together with our local partner, we create lasting solutions to poverty and hunger in Uganda.
**What we do:** Amigos supports disadvantaged people to work their way out of poverty with dignity. Through an integrated approach providing access to education, vocational training, life skills and clean water, communities in Uganda are achieving sustainable change.
Page 2
## **Amigos Worldwide**
## **Trustees' Report**
**Why we do it:** As a charity our overarching aim is to bring sustainability, dignity, justice and hope to disadvantaged people; many of whom have been affected by war, poverty, famine and HIV. Amigos firmly believes in helping people to help themselves and we are led by the communities we seek to partner with.
**How we maximise impact:** As soon as participants are able, they pass on the resources and skills they have received to others. This principle of sharing knowledge and resources helps build flourishing communities and enables us to work cost effectively.
## **Purposes and Aims**
Amigos’ objectives, as set out in the company’s memorandum of association, are to:
## **OUR IMPACT IN 2025**
In 2025 Amigos, in partnership with Amigos Worldwide Uganda, reached 22,340 lives through education, vocational training, conservation farming, clean water and income generation projects across five districts. The year marked the 25th anniversary of Amigos, celebrated on Kira Farm with founders Phil and Ann Pugsley, a milestone reflecting two and a half decades of community transformation.
## **Kira Farm Development Centre**
Kira Farm Development Centre (KFDC) is an innovative 22-acre residential training hub situated just outside Kampala. Each year, 50 young people drawn from marginalised rural communities in Northern Uganda. They spend a year learning practical vocational skills alongside agricultural training, business skills, conflict resolution and personal development grounded in Christian values.
In 2025, 50 trainees arrived from six districts; Kitgum, Masindi, Lira, Gulu, Kaliro and Wakiso. For the first time in five years all trainees were found physically fit for the programme. Skills training included tailoring, building and construction, carpentry, electrical installation, hairdressing, agricultural training and restorative approaches. Two significant construction projects also commenced on site: a new cafeteria and a boys’ dormitory.
Monitoring data from the 2024 graduate cohort confirms the life-changing impact of the training. Among graduates across six districts:
- 76% have established their own small businesses in tailoring, carpentry, construction or hairdressing
- 80% of families now enjoy at least two to three meals per day
Page 3
## **Amigos Worldwide**
## **Trustees' Report**
- 88% report feeling hopeful about their future; 93% feel empowered to speak freely
- 12% are already employing others in their community
- Nearly 70% have passed on farming skills to other community members
Kira graduates started 63 new businesses in 2025, generating employment and income in marginalised communities across Uganda.
_“Kira Farm gave me a second chance at life. At Kira I learnt tailoring skills and now I earn enough money to pay for my younger sister to go to school. I want to empower my community to show that with determination and faith anyone can rise above their circumstances.”_ — Mercy Ageno-Rwot, Kira graduate, Kitgum
Page 4
## **Amigos Worldwide**
## **Trustees' Report**
_“Before joining Kira Farm, I was part of a gang, living a reckless life. But Kira changed me completely. I let go of negative influences and learned to focus on my goals. Now I go to church regularly and live with purpose and peace. I now work with a construction company and have a steady income that helps me support my family.”_ — Dickson Muhinda, Kira graduate, Masindi
## **Conservation Farming and Rural Community Development – KiRU**
The Kira into Rural Uganda (KiRU) programme implements a four-year community development approach in the districts of Masindi, Kitgum, Gulu, Lira and Kaliro. Working in close partnership with local churches, trained pastors and community leaders, the programme equips farming groups with training in conservation farming, WASH (water, sanitation and hygiene), business skills and conflict resolution.
In 2025 the programme supported 30 farming groups across five districts; 10 in their first year of the programme, 10 in their second year, and 10 in their third year. Together, these groups comprised 1,037 active farmers as direct beneficiaries and approximately 7,259 indirect beneficiaries in their households.
Results from the programme are exceptional:
Page 5
## **Amigos Worldwide**
## **Trustees' Report**
This year we also launched a pilot solar irrigation project, distributing 10 solar-powered irrigation systems to selected farming groups in partnership with the Ugandan Government and the United Nations Development Programme (UNDP). The Government and World Bank provided a 60% subsidy on each system, with Amigos contributing a further 60% subsidy on behalf of beneficiary groups. This innovation will enable communities to grow crops through dry seasons, improving food security and income year-round.
## **Clean Water – WASH Programme**
Access to clean water is foundational to health, education and economic opportunity. In 2025, ten boreholes were constructed across host communities, providing safe water for an estimated 13,797 people. Community-Led Total Sanitation (CLTS) training was implemented alongside each borehole installation. As a result, 97% of households now have pit latrines — up from only 24% before the programme began.
Our summer and Christmas appeals in 2025 both focused on clean water for communities, raising over £58,000 and surpassing both targets. This generosity directly funded borehole construction for over 8,000 people.
Page 6
## **Amigos Worldwide**
## **Trustees' Report**
_“Before the borehole, collecting clean water was a daily struggle. We used to fetch water from the swamp, which took two to three hours. Now fetching water is no longer a problem. Diarrhoea cases have significantly reduced, women have more time for garden work and small businesses, and there has been an improvement in school attendance among children.”_ Rose, Lugingo Community, Kaliro District
Page 7
## **Amigos Worldwide**
## **Trustees' Report**
## **Family Sponsorship Programme**
Amigos’ Family Sponsorship Programme supports vulnerable children through school while equipping their caregivers with farming and business skills so the whole family can achieve long-term self-reliance. In 2025, the programme operated across Wakiso, Lira, Gulu and Masindi districts under two components:
- Child Sponsorship Programme: 112 participants
- Community/Family Sponsorship Programme: 271 children
In May, Amigos hosted a Child Sponsorship Alumni Reunion at Kira Farm, a landmark gathering of the first beneficiaries of the programme, launched in 2002. The alumni, once vulnerable children, are now entrepreneurs, professionals and job creators. Some have pledged to sponsor children themselves, reflecting the programme’s lasting legacy.
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## **Amigos Worldwide**
## **Trustees' Report**
## **Beekeeping and Environmental Sustainability**
In 2025, 300 people in farming groups began training in beekeeping and tree planting through community beekeeping groups in Gulu, Kitgum and Masindi districts, led by graduates from Kira Farm. A total of 100 new hives were distributed to communities. Beekeeping strengthens livelihoods through honey income and improves crop yields through pollination, while also contributing to environmental conservation alongside the reforestation programme.
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## **Amigos Worldwide**
## **Trustees' Report**
## **Trips and Volunteer Engagement**
Kira Farm continued to welcome visitors throughout 2025. Prior Park School, Gibraltar, took their inaugural trip and have booked their next trip. The Park Community School, Devon, visited with students who participated directly in farming, building, and making reusable sanitary pads.
A supporters’ group of 20 individuals spent two weeks with Kira Farm trainees and visited rural communities to see the work first-hand.
Volunteers who stayed for an extended time on Kira Farm supported carpentry, tailoring and IT tuition.
The annual Strength and Inspire team groups visited Kira Farm in November and delivered an inspirational week for the graduating Kira trainees.
## **CHIEF EXECUTIVE’S REVIEW**
## _**Committed to Inspiring Ongoing Transformation**_
We are delighted that 2025 has been a year of significant impact for Amigos and we are deeply grateful that our donors and supporters have continued to give so generously, particularly in the context of a challenging fundraising environment for the sector as a whole.
This year marked the 25th anniversary of Amigos, a milestone we were able to celebrate on Kira Farm with founders Phil and Ann Pugsley. From very small beginnings in Uganda in 2000, Amigos has grown into a well-established organisation reaching over 22,000 lives annually across five districts, with a dedicated Ugandan team led by Country Director Robina Kyoshabire.
We were immensely encouraged by our Summer and Christmas appeals, both focused on clean water, raising over £58,000 combined and surpassing both targets. This income directly funded ten boreholes for over 8000 people.
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## **Amigos Worldwide**
## **Trustees' Report**
Our three integrated programmes; Kira Farm Development Centre, the Family Sponsorship Programme, and the KiRU community farming programme continued to deliver exceptional results. The conservation farming data remains among the most compelling evidence of our impact: domestic violence down from 74% to 4%, women’s participation in household decision-making up from 15% to 89%, and 95% of supported families now having enough to eat.
This year we also piloted solar-powered irrigation systems in ten farming communities in partnership with the Ugandan Government and UNDP, a significant step in addressing the growing challenge of climate-related rainfall unpredictability. We are committed to expanding this initiative in 2026.
The work in South Sudan which we had hoped to launch in 2025 has been paused due to the worsening security situation. We continue to monitor the context carefully and hope the time will come when we can begin working in this troubled country.
In the UK we are developing a tool refurbishment and sales hub in the South West which will create new volunteering opportunities across Devon, provide tools for Kira Farm graduates starting businesses and an important source of income for Amigos. We look forward to its launch in 2026.
None of this work would be possible without the generosity of our individual donors, the faithfulness of our partner churches, the commitment of our corporate partners, and the vital support of the trusts and foundations who believe in what we do. Thank you.
## **AREAS OF FOCUS**
**Conservation Farming –** Training in conservation farming in rural communities across northern and eastern Uganda, and at Kira Farm Development Centre. Farmers learn new methods to double or treble crop yields, handle produce, access markets collectively, and grow more diverse and nutritious crops.
**Vocational Training –** At the residential Kira Farm Development Centre, 50 young adults each year acquire vocational skills in carpentry, construction, tailoring, hairdressing, beekeeping, IT and electrical installation. All trainees receive business and life skills training.
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## **Amigos Worldwide**
## **Trustees' Report**
**Beekeeping –** Beekeeping training at Kira Farm and in rural community groups. Kira graduates lead new beekeeping groups in rural areas, providing honey income and improving crop pollination.
**Life Skills –** Training in restorative approaches, conflict resolution, gender equality, growth mindset and personal development is embedded throughout all programmes.
**Clean Water –** Borehole construction and Community-Led Total Sanitation (health and hygiene) training in the rural communities where we are working.
**Gender Empowerment –** We focus on the equal value, dignity and genuine empowerment of women across all our programmes, including through menstrual hygiene management (washable pads), women’s economic participation and domestic violence reduction.
**Education –** To ensure children attend school we work with whole families, providing guardians with the farming and business skills needed to support the children in their care, as well as distributing uniforms and academic materials.
**Environmental Sustainability –** Tree planting, reforestation, solar irrigation and conservation farming all form part of our commitment to the long-term environmental health of the communities we serve.
## **FUTURE PLANS**
Looking into 2026/27, our key plans include:
- 30 community farming groups will continue across five districts, with 10 new groups in their first year beginning the relationship-building and locally-led development phase.
- Solar irrigation roll-out to a further 10 farming communities to mitigate against unreliable rainfall and extend growing seasons.
- 100 more beehives to be distributed across community beekeeping groups in Gulu, Kitgum and Masindi.
- Continued reforestation programme in Gulu and Masindi, including indigenous tree species.
- Kira Farm will welcome two dairy cows, 6 goats and up to 2,000 broiler chickens, providing training diversification, improved nutrition for trainees and income generation for the farm.
- Launch of a tool collection, refurbishment and sales hub in the South West of England, providing meaningful volunteer opportunities and tool shipments to Uganda.
- Amigos will be present at a number of Christian festivals and events including Spring Harvest and New Wine. We will promote a new Garden Twining scheme, and a Prayer Pals offer to engage new supporters.
- We will continue to explore income diversification in the UK and Uganda to ensure the resilience of funding at times of increasing uncertainty.
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## **Amigos Worldwide**
## **Trustees' Report**
## **EQUAL OPPORTUNITIES**
Amigos Worldwide is committed to the principle and practice of equal opportunities and aims to be an equal-opportunities employer. Our employment policy seeks to ensure that no job applicant or employee receives less favourable treatment on the grounds of sex, marital status, ethnic origin, disability, class, colour, HIV and AIDS status, personal circumstances, sexual orientation, or any other grounds that are unjustifiable in terms of equality of opportunities for all.
## **THE ENVIRONMENT**
We are committed to reducing the environmental impacts of our operations and playing our part in addressing climate change and its adverse impact on many of the communities we work with. Our programmes incorporate tree planting, solar energy, conservation farming and reforestation as key elements of our environmental commitment.
## **THANK YOU**
Nothing would be possible without the individuals, volunteers, churches, trusts, foundations, corporations and businesses who supported us throughout 2025, including with our summer and Christmas appeals. We would like to give our special thanks to the following trusts, foundations and organisations for their support this year:
## **Trusts and Foundations**
Ashworth Trust, Bright Future Trust, Charles Hayward Foundation, Corton Hill Trust, Christadelphian Meal-A-Day, Trust Q Charitable, Trust Methodist Women in Britain, Sherborne St John Trust, St James’ Place Charitable Foundation, The Ninety Foundation The Pickwell Foundation, W F Southall Trust, Wilmslow Wells for Africa.
## **Corporate Partners**
Business Supplies Group, Local Rotary Clubs – Braunton, Barnstaple, Ilfracombe, Tiverton, Clifton (Bristol), Philip J Milton & Company Plc, Southgate Estates, Ethical Addictions.
## **Charity Partners**
Trees for the Future, Tools with a Mission, Workaid.
## **Churches**
Christ Church Ware, Church in the Park (Australia), Grosvenor Church Barnstaple, Haywards Heath Baptist Church, Helston Light and Life Church, Holy Trinity Church Barnstaple, Holy Trinity Church Brimscombe, Ilfracombe Baptist Church, Lavington United Reformed Church, Pinhoe Road Baptist Church Exeter, Primley United Reformed Church, St Austell Light and Life Church, St Mary’s Church Wythall, St Mark’s Church Cardiff, St Peter’s Church, Ashford.
## **Schools**
Bishops Tawton Primary School, Braunton Academy, Beau Soleil School, Switzerland Kingsacre Primary School, Pilton Bluecoat Academy, Pilton Community College, Prior Park School Gibraltar, South Molton Community College, The Park Community School.
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## **Amigos Worldwide**
## **Trustees' Report**
## **FINANCIAL REVIEW**
Amigos’ work is funded through a range of regular donors, one-off donations, legacies, trusts and grants. In 2025 our total income reached £363,851. The planned deficit of £60,141 in 2025 was approved by our trustees and included investment in project development.
## **Expenditure**
We spent £423,992 in pursuit of our charitable objectives. This included:
- Continuing to run Kira Farm Development Centre, reflecting our commitment to raising up the next generation of community transformers.
- Investing in rural community development through conservation farming groups across five districts, building on previous successes and deepening the four-year programme model.
- Continuing our commitment to support children in education through the Family Sponsorship Programme, as well as equipping their families through farming, business training, health, nutrition and livelihoods support.
- Piloting solar irrigation systems in ten farming communities in partnership with the Ugandan Government and UNDP.
- Constructing ten boreholes to provide clean water access for over 14,600 people.
- Uk staff and running costs to maintain fundraising efforts and supporter engagement.
## **Reserves Policy and Going Concern**
The trustees hold restricted reserves of £80,764
The trustees review the level of reserves on a regular basis to ensure that appropriate levels are maintained in light of the main risks to the organisation and future developments.
The Trustee have designated the following designated reserves:
- £200,000 - South Sudan Development Fund. Amigos has been working toward establishing a programme in South Sudan, one of the world's most fragile and impoverished nations, where almost 60% of the population face crisis-level hunger. A pilot training programme was delivered in Torit, Eastern Equatoria, in 2022 and 2023 with highly encouraging results. The trustees have designated £200,000 to enable a rapid and well-resourced launch when the security situation permits. These funds are not available for general use; they represent a commitment to the communities we hope to serve.
Page 14
## **Amigos Worldwide**
## **Trustees' Report**
- £390,000 - Operational Sustainability Fund. Income has declined from £582,000 in 2023 to £364,000 in 2025, reflecting broader trends in UK charitable giving, including reduced donor participation, the cost-of-living pressures on supporters, and significant cuts to UK overseas aid. The charity is currently running an annual deficit of approximately £98,000. The trustees have designated £390,000 to cover this deficit over a responsible transition period, providing the stability needed to invest in income generation and fundraising development rather than being forced into sudden programme cuts that would directly harm the communities we serve in Uganda. This is not a permanent position; the trustees are actively working to grow income through individual giving, trust and foundation relationships, corporate partnerships, and new income-generating initiatives.
- £25,000 - Uganda Project Development Fund. A designated fund to support new income-generating projects in Uganda, beginning with the animal husbandry programme at Kira Farm (dairy cows, goats and broiler chickens), which will provide both training diversification and a source of revenue to fund future programme delivery. The trustees believe that building Uganda's capacity for self-generated income is essential to the long-term sustainability of the work.
- £25,000 - Tools Refurbishment Hub (UK). A designated fund to establish a tool collection, refurbishment and sales hub in Devon, providing tools for Kira Farm graduates to start businesses in Uganda, volunteering opportunities across the South West, and a new income stream for Amigos UK.
- £3,323 A designated fund equal to the net book value of tangible fixed assets and investments which cannot be used to fund expenditure without being sold.
The remaining unrestricted general reserves of £40,388 provide the working capital necessary for day-to-day operations.
The trustees wish to be clear: the existence of designated reserves does not diminish the need for continued charitable income. Without ongoing support from donors, trusts and foundations, Amigos could not maintain its current programme delivery in Uganda, could not grow its reach to new communities, and would face the prospect of running down reserves to zero within a matter of years, an outcome the trustees are committed to preventing through sustainable income development rather than managed decline. The continued generosity of our supporters is not just welcomed; it is essential.
## **Impairment Review Policy**
Each year, the Trustees physically review the assets of the Charity to consider whether there are any indicators of permanent impairment. If any impairment is found, the value of the impairment is taken to the Statement of Financial Activities in the year.
## **Management of Risk**
The Trustees have identified that the main risks to the Charity are:
- Difficulties in controlling expenditure due to geographical separation between UK operations and Uganda field activities
- Periods of recession, economic downturn or declining donor participation in the UK
- Potential misappropriation of assets in the field
- Geopolitical instability in the region, including the Ebola outbreak (Bundibugyo virus) which led to a WHO Public Health Emergency of International Concern declaration in May 2026, requiring heightened operational monitoring
- Increasing climate volatility affecting agricultural yields in communities we serve
Page 15
## **Amigos Worldwide**
## **Trustees' Report**
The Trustees monitor these risks through regular contact and communication with the management team and responsible individuals in Uganda, including quarterly reporting and regular visits to Uganda by trustees and staff.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of Amigos Worldwide for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make 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 financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 26[th] August 2026 and signed on its behalf by:
Page 16
Amigos Worfdwido
Independent Examinerf8 Report to the tru8tee8 of Amigos Worldwido ('the
Company,)
I report to the charty trustees on my examination of the a(£ounts of the Company for the year ended
31 December 2025.
R•8ponslbllhl•# and ba•1• of r•port
As the charty's trustees of the Company (and also rts directr)rs for the purposes of company lawl you
are responsible for the preparation of the accounts in accordance wilh the requirements of the
Companies Ad 20Ch3 {'the 20C6 ACY).
Having satisfied mysett that the xcounts of the Company are not requlred to be audrted under Part
16 of the 20C6 Act and a eligible for independent examinatK)n. I report in respect of ry examination
of your charity's accounts as ¢aff*d out under section 145 of the Charities Act 2011 I'the 2011 Act,).
In carrying out my examination I have folk)wed the Directions given by the Charty Commission undér
section 145{5llb) of the 2011 Act.
Ind•ndon1 •xamln•V• •tat•m0nt
Since the Company's gross incorn exceeded £250,000 your examiner musl b8 a member of a body
Ilsled in section 145 of the 2011 ACL l nfim7 that l am qualified lo undertake the examination
becau8e l am a member ol ICAEW. which is one of the listed bodies.
I hove Completed my examination. I confim that no matters have coffo to my attention in connecllon
with the examinats'on giving me c4u8e to bel¥0.
1. accounting record8 were not kept in respecl of Amyos WorloMIMle as required by section 388 01
the 2008 Ad: or
2. the accounts do not accord those records,. c
3. the accounts do not compty wth the accounting requirements of secbon 396 of th? 2006 Act
other than any reqUIreff1 that the accrjunts gNe a 'true and trdir vwi, which 18 not a matter
considered as part of an independent examination.. or
4. the accounts have not been prepared in accordance with the rrthods and principles of the
Statement of Recommended Praclu for accounting and rep>'ng by Chan1 lapplicable lo
charits'es preparing their a(xounts in accordance wilh the Financi81 Reporting Standard
applKeble in the UK and Republi¢ ol Ireland IFRS 10211.
I have no concems and have come across no other matters in ¢onnectK)n with the examination lo
which attention should drawn in thr6 report in order to enable a prOr unrstandIng of the
counts to be reached.
Catherine Williams FCA DChA
Independent Examiner
Westcotts ISW) LLP
47 Boutport Street
Bamstsple
Don
EX311SQ
Page 17
## **Amigos Worldwide**
## **Statement of Financial Activities for the Year Ended 31 December 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments**
Donations and legacies
**from:**
3
Other trading activities
4
Investment income
5
Total income
**Expenditure on:**
Raising funds
6
Charitable activities
7
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
20|**Unrestricted**
**funds**
**£**
96,309
1,179
15,115
112,603
(3,374)
(76,879)
(80,253)
32,350
(96,507)
(64,157)
747,818
683,661|**Restricted**
**funds**
**£**
251,248
-
-
251,248
-
(343,739)
(343,739)
(92,491)
96,507
4,016
76,748
80,764|**Total**
**2025**
**£**
347,557
1,179
15,115
363,851
(3,374)
(420,618)
(423,992)
(60,141)
-
(60,141)
824,566
764,425|**Total**
**2024**
**£**
374,425
2,578
22,793
399,796
(6,296)
(635,187)
(641,483)
(241,687)
-
(241,687)
1,066,253
824,566|
|---|---|---|---|---|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 20.
The notes on pages 21 to 35 form an integral part of these financial statements. Page 18
## **Amigos Worldwide**
## **(Registration number: 06122350) Balance Sheet as at 31 December 2025**
|**Note**
**Fixed assets**
Tangible assets
14
Investments
15
**Current assets**
Debtors
16
Cash at bank and in hand
17
**Creditors: Amounts falling due within one year**
18
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Designated Funds
General Funds
Total unrestricted funds
**Total funds**
20|**2025**
**£**
3,223
100
3,323
13,835
754,146
767,981
(6,879)
761,102
764,425
80,764
643,323
40,338
683,661
764,425|**2024**
**£**
2,225
100|
|---|---|---|
|||2,325|
|||11,202
823,563
834,765
(12,524)|
|||
822,241
824,566
76,748
397,667
350,151
747,818
824,566|
For the financial year ending 31 December 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 21 to 35 form an integral part of these financial statements.
Page 19
## **Amigos Worldwide**
## **(Registration number: 06122350) Balance Sheet as at 31 December 2025**
The financial statements on pages 18 to 35 were approved by the trustees, and authorised for issue on 26[th] August 2026 and signed on their behalf by:
The notes on pages 21 to 35 form an integral part of these financial statements.
Page 20
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 3 Boutport Street Mermaid Walk Barnstaple Devon EX31 1RH
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Amigos Worldwide meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. The financial statements are prepared in sterling which is the functional currency of the charity.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Exemption from preparing a cash flow statement**
The charity has opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Page 21
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **Exemption from preparing group accounts**
The charity is not required to prepare consolidated accounts in accordance with the Charities Act 2011, and has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the charity and its subsidiary undertakings comprise a small group.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Legacy gifts are recognised on a case by case basis following the grant of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement 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 stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Investment income**_
Investment income is included when receivable.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly 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 charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Page 22
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## _**Grant provisions**_
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Tangible fixed assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
## **Depreciation and amortisation**
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 and Equipment
**Depreciation method and rate** 4 years straight line
## **Fixed asset investments**
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities 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 Statement of Financial Activities based on the market value at the year end.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Unrestricted funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for specific purposes
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 23
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 24
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **3 Income from donations and legacies**
|**Donations**
Donations
Gift aid recoverable
**Legacies**
Legacies
**Grants**
Grants receivable
**Sponsorship**
Child sponsorship
Kira Teacher/Student sponsorship
KiRU
Child gifts
Boreholes/water projects
Community Sponsorship
Strength/Inspire
School Land
**Donations**
Appeals and donations
Gift aid recoverable
**Legacies**
Legacies
**Grants**
Grants receivable
**Sponsorship**
Child sponsorship
Kira Teacher/Student sponsorship
KiRU
Child gifts
Boreholes/water projects
Community Sponsorship
MHM|**Unrestricted**
**funds**
**£**
70,525
10,383
401
15,000
-
-
-
-
-
-
-
-
96,309
**Unrestricted**
**funds**
**£**
96,444
9,031
(783)
91,000
-
-
-
-
-
-
-
195,692|**Restricted**
**funds**
**£**
-
29,343
-
41,533
31,995
33,694
3,511
8,065
42,250
49,567
897
10,393
251,248
**Restricted**
**funds**
**£**
-
15,845
-
29,141
37,250
32,265
947
7,572
5,000
47,709
3,004
178,733|**Total**
**2025**
**£**
70,525
39,726
401
56,533
31,995
33,694
3,511
8,065
42,250
49,567
897
10,393
347,557
**Total**
**2024**
**£**
96,444
24,876
(783)
120,141
37,250
32,265
947
7,572
5,000
47,709
3,004
374,425|
|---|---|---|---|
Page 25
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
|**4 Income from other trading activities**
Shop sales
Shop sales
**5 Investment income**
Interest receivable
Interest receivable
**6 Expenditure on raising funds**
Costs of raising donations and legacies
Fundraising costs
Costs of trading activities
Shop costs
Costs of raising donations and legacies
Fundraising costs
Costs of trading activities
Shop costs|**Unrestricted**
**funds**
**£**
1,179
**Unrestricted**
**funds**
**£**
2,578
**Unrestricted**
**funds**
**£**
15,115
**Unrestricted**
**funds**
**£**
22,793
**Unrestricted**
**funds**
**£**
3,152
222
3,374
**Unrestricted**
**funds**
**£**
4,729
1,567
6,296|**Total**
**2025**
**£**
1,179
**Total**
**2024**
**£**
2,578
**Total**
**2025**
**£**
15,115
**Total**
**2024**
**£**
22,793
**Total**
**2025**
**£**
3,152
222
3,374
**Total**
**2024**
**£**
4,729
1,567
6,296|
|---|---|---|
Page 26
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **7 Expenditure on charitable activities**
|**Note**
Project costs
Grant funding of activities
Support costs
8
**Note**
Project costs
Grant funding of activities
Support costs
8|**Unrestricted**
**funds**
**£**
-
17,747
59,132
76,879
**Unrestricted**
**funds**
**£**
914
179,800
81,765
262,479|**Restricted**
**funds**
**£**
65,946
277,793
-
343,739
**Restricted**
**funds**
**£**
74,835
297,873
-
372,708|**Total**
**2025**
**£**
65,946
295,540
59,132|
|---|---|---|---|
||||420,618
**Total**
**2024**
**£**
75,749
477,673
81,765
635,187|
## **8 Analysis of support costs**
## **Support costs allocated to charitable activities**
|**Support costs allocated to charitable activities**|||
|---|---|---|
|Bank charges
Rent
Insurance
Legal and professional fees
Independent examiner's fee
Accountancy fees
Wages and salaries
Depreciation
Staff training
Travelling
Computer software and IT
Office Costs|**Total**
**2025**
**£**
2,070
3,750
1,214
6,083
1,410
1,410
31,847
843
157
460
4,904
4,984
59,132|**Total**
**2024**
**£**
1,648
3,750
1,147
85
1,580
1,580
52,922
1,024
322
415
12,288
5,004|
|||81,765|
Page 27
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
|**9 Analysis of grants**
**Grants to institutions**
Amigos Worldwide Uganda
**10 Net incoming/outgoing resources**
Net outgoing resources for the year include:
Depreciation of fixed assets|**2025**
**£**
295,540
**2025**
**£**
843|**2024**
**£**
477,673
**2024**
**£**
1,024|
|---|---|---|
## **11 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses from the charity during the year.
## **12 Staff costs**
The aggregate payroll costs were as follows:
|Wages and salaries
Social security costs
Employers contributions to pension plan|**2025**
**£**
80,145
1,268
3,959
85,372|**2024**
**£**
104,662
3,340
5,070
113,072|
|---|---|---|
The average head count of employees during the year was 5 (2024: 5). The average number of full-time equivalent employees during the year is analysed as follows:
|Management and administration - UK|**2025**
**No**
3|**2024**
**No**
3|
|---|---|---|
No employee received emoluments of more than £60,000 during the year.
Page 28
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **13 Independent examination fees**
|Independent examination of the financial statements
Accountancy fees|**2025**
**£**
1,410
1,410
2,820|**2024**
**£**
1,580
1,580
3,160|
|---|---|---|
## **14 Tangible fixed assets**
|**Cost**
At 1 January 2025
Additions
Disposals
At 31 December 2025
**Depreciation**
At 1 January 2025
Charge for the year
Eliminated on disposals
At 31 December 2025
**Net book value**
At 31 December 2025
At 31 December 2024|**Fixtures,**
**fittings and**
**equipment**
**£**
18,152
1,841
(275)
19,718
15,927
843
(275)
16,495
3,223
2,225|**Total**
**£**
18,152
1,841
(275)|
|---|---|---|
|||19,718|
|||15,927
843
(275)|
|||16,495|
|||3,223|
|||2,225|
Page 29
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **15 Fixed asset investments**
## **Shares in group undertakings and participating interests**
|**Cost**
At 1 January 2025
At 31 December 2025
**Net book value**
At 31 December 2025
At 31 December 2024|**Shares in**
**group**
**undertakings**
**£**
100
100
100
100|**Total**
**£**
100|
|---|---|---|
|||100|
|||100
100|
## **Details of undertakings**
Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows:
||**Country of**||**Proportion of voting**|**Proportion of voting**|**Principal**|
|---|---|---|---|---|---|
|**Undertaking**|**incorporation**|**Holding**|**rights and shares held**||**activity**|
||||**2025**|**2024**||
|**Subsidiary undertakings**||||||
||||||The|
|Amigos Worldwide|England and|Ordinary|100%|100%|provision of|
|Ventures Limited|Wales||||trips to|
||||||Uganda|
## **Subsidiaries**
The profit for the financial period of Amigos Worldwide Ventures Limited was £9,631 (2024: £12,433) and the aggregate amount of capital and reserves at the end of the period was £100 (2024: £100).
Page 30
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
|**16 Debtors**
Prepayments
Other debtors
**17 Cash and cash equivalents**
Cash at bank
**18 Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors
Accruals
**19 Obligations under leases and hire purchase contracts**
**Operating lease commitments**
Total future minimum lease payments under non-cancellable operating|**2025**
**£**
**2024**
**£**
11,002
9,203
2,833
1,999
13,835
11,202
**2025**
**2024**
**£**
**£**
754,146
823,563
**2025**
**£**
**2024**
**£**
1,366
1,824
691
696
4,822
10,004
6,879
12,524
leases are as follows:|**2024**
**£**
9,203
1,999
11,202
**2024**
**£**
823,563
**2024**
**£**
1,824
696
10,004|
|---|---|---|
|Between one and five years|**2025**
**£**
2,813|**2024**
**£**
6,563|
|---|---|---|
Page 31
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **20 Funds**
|**Unrestricted funds**
General Funds
**_Designated_**
Running costs
Operational Sustainability
Fund
Fixed assets
Project development
South Sudan
Development Fund
Uganda Project
Development Fund
Tools Refurbishment Hub
(UK)
**Total unrestricted funds**
**Restricted funds**
Child sponsorship and
gifts
Community sponsorship
Kira Student and Teacher
sponsorship
KiRU
Boreholes
Bees
Solar
Menstrual Health
Management
Strength / Inspire
School Land
**Total funds**|**Balance at**
**1 January**
**2025**
**£**
350,151
210,000
-
2,225
185,442
-
-
397,667
747,818
6,890
-
10,045
-
39,551
6,274
10,291
3,004
693
-
76,748
824,566|**Incoming**
**resources**
**£**
112,603
-
-
-
-
-
-
-
112,603
49,806
62,778
39,033
16,888
56,863
14,500
-
-
987
10,393
251,248
363,851|**Resources**
**expended**
**£**
(63,791)
-
-
(843)
(15,619)
-
-
(16,462)
(80,253)
(86,747)
(72,068)
(64,271)
(49,102)
(46,487)
(9,154)
(3,837)
-
(1,680)
(10,393)
(343,739)
(423,992)|**Transfers**
**£**
(358,625)
(210,000)
390,000
1,941
30,177
25,000
25,000
262,118
(96,507)
30,051
9,290
24,952
32,214
-
-
-
-
-
-
96,507
-|**Balance at**
**31**
**December**
**2025**
**£**
40,338|
|---|---|---|---|---|---|
||||||-
390,000
3,323
200,000
25,000
25,000
643,323
683,661|
||||||-
-
9,759
-
49,927
11,620
6,454
3,004
-
-
80,764|
||||||764,425|
Page 32
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **20 Funds (continued)**
|**Unrestricted funds**
General Funds
**_Designated_**
Running costs
Project development
Fixed assets
**Total unrestricted funds**
**Restricted funds**
Child sponsorship and
gifts
Community sponsorship
Kira Student and Teacher
sponsorship
KiRU
Boreholes
Bees
Bikes
Solar
Menstrual Health
Management
Strength / Inspire
School Land
**Total funds**|**Balance at**
**1 January**
**2024**
**£**
376,996
210,000
365,155
881
576,036
953,032
11,551
-
12,553
6,943
29,491
-
2,894
10,291
-
693
38,805
113,221
1,066,253|**Incoming**
**resources**
**£**
221,063
-
-
-
-
221,063
51,989
57,353
34,950
15,103
10,060
6,274
-
-
3,004
-
-
178,733
399,796|**Resources**
**expended**
**£**
(88,038)
-
(179,713)
(1,024)
(180,737)
(268,775)
(80,869)
(75,148)
(110,513)
(67,373)
-
-
-
-
-
-
(38,805)
(372,708)
(641,483)|**Transfers**
**£**
(159,870)
-
-
2,368
2,368
(157,502)
24,219
17,795
73,055
45,327
-
-
(2,894)
-
-
-
-
157,502
-|**Balance at**
**31**
**December**
**2024**
**£**
350,151|
|---|---|---|---|---|---|
||||||210,000
185,442
2,225|
||||||397,667
747,818
6,890
-
10,045
-
39,551
6,274
-
10,291
3,004
693
-|
||||||76,748
824,566|
Page 33
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025**
## **Unrestricted Funds**
## General Funds
General funds are donations and other incoming resources receivable or generated for the objects of the charity without further specific purpose and which the charity may use for its purpose at its discretion.
## Running Costs
Funds designated to protect the charity's beneficiaries from unexpected falls in income or unexpected expenditure equating to six months budgeted running costs.
## Operational Sustainability Fund
Income has declined from £582,000 in 2023 to £364,000 in 2025, reflecting broader trends in UK charitable giving, including reduced donor participation, the cost-of-living pressures on supporters, and significant cuts to UK overseas aid. The charity is currently running an annual deficit of approximately £98,000. The trustees have designated £390,000 to cover this deficit over a responsible transition period, providing the stability needed to invest in income generation and fundraising development rather than being forced into sudden programme cuts that would directly harm the communities we serve in Uganda. This is not a permanent position; the trustees are actively working to grow income through individual giving, trust and foundation relationships, corporate partnerships, and new income-generating initiatives.
## Project Development
A project development funds used to support new projects.
## Fixed Assets
Fixed assets which cannot be used to fund expenditure without being sold.
## **Restricted Funds**
## Child sponsorship and gifts
Child sponsorship funds are used to enable children in Uganda to be supported through education
## Community sponsorship
Community Sponsorship funds are used to ensure children attend school we work with whole families, providing guardians with the farming and business skills needed to support the children in their care, as well as distributing uniforms and academic materials to ensure the poorest children gain an education.
## Kira Student and Teacher sponsorship
Kira Student and Teacher Sponsorship funds are used to support the training of young people at Kira Farm Development Centre.
## KiRU
KiRU funds are used to train rural farming groups.
## Boreholes
Boreholes/water project funds are used to provide access to clean water.
## Bees
Bees funds are used to provide hives and training in beekeeping.
Page 34
## **Amigos Worldwide**
## **Notes to the Financial Statements for the Year Ended 31 December 2025** Bikes
Bikes funds are used to provide bicycles amongst our farming groups and fund a bikes mechanics curriculum at Kira Farm.
## Solar
Solar funds are used to provide solar power packs amongst our farming groups.
## Menstrual Health Management
Menstrual Health Management funds are used to help remove stigma around menstruation and improve school attendance
## Strength/Inspire
Strength/Inspire funds are used to support the Strength/Inspire programme visit.
## School Land
School Land - Funds to develop Kira Farm Development Centre.
## **Transfers between funds**
Transfers from General Funds are:
- Cost of fixed asset addition in the year and
- Costs of restricted projects partly funded by unrestricted funds.
- With the agreement of the donors’ surplus funds received for the Bike appeal have been transferred to General Funds.
## **21 Analysis of net assets between funds**
|Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
3,223
100
687,217
(6,879)
683,661
**Unrestricted**
**funds**
**General**
**£**
2,225
100
758,017
(12,524)
747,818|**Restricted**
**funds**
**£**
-
-
80,764
-
80,764
**Restricted**
**funds**
**£**
-
-
76,748
-
76,748|**Total funds**
**at 31**
**December**
**2025**
**£**
3,223
100
767,981
(6,879)
764,425
**Total funds**
**at 31**
**December**
**2024**
**£**
2,225
100
834,765
(12,524)
824,566|
|---|---|---|---|
## **22 Related party transactions**
During the year ended 31 December 2025 the charity made an interest free loan to its subsidiary company. The amount owed from the subsidiary at the year end was £2,834 (2024: £1,999 owed from the subsidiary).
Page 35