REGISTERED CHARITY NUMBER: 1129385
THE KANYIKE PROJECT
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
John Crook & Partners Chartered Accountants 255 Green Lanes Palmers Green London N13 4XE
THE KANYIKE PROJECT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
THE KANYIKE PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Trust are to advance the Christian faith in Uganda, to relieve sickness and financial hardship, to advance education in Uganda and to promote and preserve good health by the provision of funds, goods, services and support of any kind in Uganda.
Significant activities
The projects to be supported are identified by a Non-Government Organisation established in Uganda under the name KAINSUDE and requests are made to The Kanyike Project for funds in accordance with a pre-approved plan to support the work in Uganda. A two-year plan had been established and supplied to the Trustees in the UK by the Trustees of KAINSUDE. The second year of this plan is now complete. A new plan will be requested following a return to a more normal time after the pandemic.
ACHIEVEMENT AND PERFORMANCE
Review of the Activities
During the year the Trust has undertaken fund raising with the limited success as itemised within the accounts. The Trustees are very grateful for the support that has again been received from the 'Big Give Christmas Challenge' and various other kind individual donations.
During the year the Trust has, along with other charities, suffered as a result of the worldwide Covid 19 pandemic. This has severely impacted the ability of the Trust to rase funds to continue to support the Project in Uganda. Much of the fund raising that is undertaken is via schools and Parishes both of which have seen activities curtailed as a result of the lock downs. We are fortunate that we do have direct support from regular supporters via Standing Orders and also the Big Give was once again a strong financial support.
As a result of the difficulties faced, by the Charity in fund raising, a decision was made by the UK Trustees after consultation with The Kanyike Project (Kainsude) in Uganda to reduce the activity levels in Uganda to a level which would be sustainable over a twelve-month period. Following a review of costs in Uganda it was agreed that the Trust would fund £2,500 per month for the following twelve months. This would allow all existing staff in Uganda to be retained and for the services being provided to continue but on a scaled down basis. This also to conform with regulations around Covid that were introduced by the Ugandan government. As a result of this decision, it was acknowledged that reserve funds would need to be applied.
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The HIV/AIDS, Community Based Health Care and medical outreach programmes continue on a reduced basis, when movement between the villages is permitted.
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The school borehole has been of great value to the school and to members of the community living nearby but it is not accessible outside school hours.
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The Maternity Unit has been fully equipped and is still able to care for and admit those expecting a baby.
The Ugandan Government put in place very strict regulations following the outbreak of the pandemic and, fortunately, as a result Uganda has managed Covid relatively well with very few instances within the scope of the Project.
The plastering of the school walls in the block where a new roof has been replaced in Magejjo Primary School has still to be done.
An office and storage area needs to be built adjoining the Nursery. More play equipment for the pupils is required at the Nursery.
Capital expenditure has been curtailed during the year as funds were being rationed to cover day to day activities. Repairs to buildings will again be required as and when funds become available.
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THE KANYIKE PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
ACHIEVEMENT AND PERFORMANCE
The Ugandan Government has shown an interest in the work being done in KAINSUDE and are sending officials to see how they can help but they will all be setting some conditions. At the moment negotiations are taking place between both parties but are delayed due to Covid.
The future of the Project will remain susceptible to being able to restore fund raising activities within the near future.
FINANCIAL REVIEW
Investment policy and objectives
The Charity invests its funds to obtain the best return available considering the requirements of the Charity to meet regular funding requests from KAINSUDE.
Reserves policy
The charity had been aiming to retain sufficient reserves to meet the approved budgets for salaries and capital expenditure following a critical review of the two-year plan 2019-20 submitted from KAINSUDE which was subject to variation and change. The Trustees were setting aside funds to create a reserve fund to ensure that the Charity would not be entirely dependent on fundraising in the future. With Covid 19, however, these funds have had to be utilised to cover the everyday running of the Project.
It is recognised that the project's goal of self-sustainability is a major challenge and it will take generations to achieve, however each year progress is being made.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Trust is governed by a Charitable Trust document and was registered with the Charity Commissioners on 1 May 2009 and the registration number is 1129385.
Recruitment and appointment of new trustees
The trust deed stipulates that there must be at least three trustees. Any trustee needs to be appointed by a resolution of the trustees passed at a special meeting. Trustees are selected with regard to their skills, knowledge and experience required for the effective administration of the charity
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
KAINSUDE has safeguarding policies and have written documents regarding 'Child Protection', 'Adult' and 'Staff Protection Policies.' They also have a 'Health and Safety Policy'.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1129385
Principal address
The Cottage Roxley Court Willian Letchworth Garden City Hertfordshire SG6 2AJ
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THE KANYIKE PROJECT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
Trustees
Sr J Yates Chair M Hennessey Vice-Chair and Treasurer A Bernedo-Nunez Secretary (resigned 22/1/2020) Mrs M Fenton P C Harding (resigned 22/1/2020) Mrs S A Harding (resigned 22/1/2020) J Procter Mrs A Rochester Tounkara Mrs P J B Barlow Ms R J Eccles T R G Brazier Secretary
Independent Examiner
John Crook & Partners Chartered Accountants 255 Green Lanes Palmers Green London N13 4XE
Approved by order of the board of trustees on 23 June 2021 and signed on its behalf by:
M Hennessey - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE KANYIKE PROJECT
Independent examiner's report to the trustees of The Kanyike Project
I report to the charity trustees on my examination of the accounts of The Kanyike Project (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
I A Hunt FCA John Crook & Partners Chartered Accountants 255 Green Lanes Palmers Green London N13 4XE
28 July 2021
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THE KANYIKE PROJECT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 36,400 - Investment income 2 17 - Total 36,417 - EXPENDITURE ON Charitable activities Kanyike Initiative 44,483 - NET INCOME/(EXPENDITURE) (8,066) - RECONCILIATION OF FUNDS Total funds brought forward 23,302 2,000 TOTAL FUNDS CARRIED FORWARD 15,236 2,000 |
2020 Total funds £ 36,400 17 36,417 44,483 (8,066) 25,302 17,236 |
2019 Total funds £ 51,741 48 51,789 67,000 (15,211) 40,513 25,302 |
|---|---|---|
The notes form part of these financial statements
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THE KANYIKE PROJECT
BALANCE SHEET 31 DECEMBER 2020
| Unrestricted Restricted funds funds Notes £ £ CURRENT ASSETS Cash at bank 15,236 2,000 NET CURRENT ASSETS 15,236 2,000 TOTAL ASSETS LESS CURRENT LIABILITIES 15,236 2,000 NET ASSETS 15,236 2,000 FUNDS 5 Unrestricted funds Restricted funds TOTAL FUNDS |
2020 Total funds £ 17,236 17,236 17,236 17,236 15,236 2,000 17,236 |
2019 Total funds £ 25,302 |
|---|---|---|
| 25,302 | ||
| 25,302 | ||
| 25,302 | ||
| 23,302 2,000 |
||
| 25,302 |
The financial statements were approved by the Board of Trustees and authorised for issue on 23 June 2021 and were signed on its behalf by:
M Hennessey - Trustee
J Yates - Trustee
The notes form part of these financial statements
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THE KANYIKE PROJECT
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Deposit account interest | 17 | 48 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
continued...
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THE KANYIKE PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 49,741 | 2,000 | 51,741 | |
| Investment income | 48 | - | 48 | |
| Total | 49,789 | 2,000 | 51,789 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Kanyike Initiative | 67,000 | - | 67,000 | |
| NET INCOME/(EXPENDITURE) | (17,211) | 2,000 | (15,211) | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 40,513 | - | 40,513 | |
| TOTAL FUNDS CARRIED FORWARD | 23,302 | 2,000 | 25,302 | |
| 5. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 23,302 | (8,066) | 15,236 | |
| Restricted funds | ||||
| Building repairs | 2,000 | - | 2,000 | |
| TOTAL FUNDS | 25,302 | (8,066) | 17,236 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 36,417 | (44,483) | (8,066) | |
| TOTAL FUNDS | 36,417 | (44,483) | (8,066) |
continued...
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THE KANYIKE PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
5. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/19 | in funds | 31/12/19 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 40,513 | (17,211) | 23,302 |
| Restricted funds | |||
| Building repairs | - | 2,000 | 2,000 |
| TOTAL FUNDS | 40,513 | (15,211) | 25,302 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 49,789 | (67,000) | (17,211) |
| Restricted funds | |||
| Building repairs | 2,000 | - | 2,000 |
| TOTAL FUNDS | 51,789 | (67,000) | (15,211) |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/19 | in funds | 31/12/20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 40,513 | (25,277) | 15,236 |
| Restricted funds | |||
| Building repairs | - | 2,000 | 2,000 |
| TOTAL FUNDS | 40,513 | (23,277) | 17,236 |
continued...
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THE KANYIKE PROJECT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
5. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 86,206 | (111,483) | (25,277) |
| Restricted funds | |||
| Building repairs | 2,000 | - | 2,000 |
| TOTAL FUNDS | 88,206 | (111,483) | (23,277) |
Laptops
The project in KAINSUDE required two laptops. The funds for these were received from St Francis College and the funds were used to fund the majority of the cost of the laptops
Microscope
A donation was received to purchase a new microscope. The current microscope was repaired however during the year under review the funds were sent to KAINSUDE to purchase a new microscope.
Building repairs
A donation has been received to assist in the repairs to the school building. The pressing need is to replace the windows in the school which will be prioritised when using these funds
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
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THE KANYIKE PROJECT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| 2020 | 2019 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies | ||||
| Donations from Parishes, Organisations, Firms, | ||||
| Schools & Personal | 26,612 | - | 26,612 | 38,480 |
| Gift aid | 573 | - | 573 | 6,810 |
| Donations - standing orders | 9,215 | - | 9,215 | 6,451 |
| 36,400 | - | 36,400 | 51,741 | |
| Investment income | ||||
| Deposit account interest | 17 | - | 17 | 48 |
| Total incoming resources | 36,417 | - | 36,417 | 51,789 |
| EXPENDITURE | ||||
| Charitable activities | ||||
| Sundries | 292 | - | 292 | 1,087 |
| Grants to institutions | 44,191 | - | 44,191 | 65,913 |
| 44,483 | - | 44,483 | 67,000 | |
| Total resources expended | 44,483 | - | 44,483 | 67,000 |
| Net (expenditure)/income | (8,066) | - | (8,066) | (15,211) |
This page does not form part of the statutory financial statements
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