2022-07-31-accounts

Charity Registration No. 1132596

Company Registration No. 06973451 (England and Wales)

THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022

THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2022

_____________

CONTENTS

	PAGE
LEGAL AND ADMINISTRATIVE INFORMATION	1
TRUSTEES’ REPORT	2
INDEPENDENT EXAMINER’S REPORT	7
STATEMENT OF FINANCIAL ACTIVITIES	8
BALANCE SHEET	9
NOTES TO THE ACCOUNTS	11

THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 JULY 2022

Trustees:
	Mrs V J Beach
	Miss F C Beach-MacGeagh
	Mr M Devlin
	Mr J L George
	Mrs D M Morrison
	Mrs S L Cashley-Reid
Secretary:	Mr M Devlin
Company Number:	06973451
Charity Number:	1132596
Principal Address:
	Little Moregrove
	Perrymead
	Bath
	BA2 5AZ
Registered Office:
	Little Moregrove
	Perrymead
	Bath
	BA2 5AZ

1

THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 JULY 2022

The Trustees present their report and accounts for the year ended 31 July 2022.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s constitution, the Companies Act 2006 and the Statement of Recommended Practice.

Structure, governance and management

The charity is a company limited by guarantee and regulated by a constitution dated 15[th] July 2009, amended on 21[st] October 2009.

The trustees, who are also the directors for the purpose of company law, and who served during the year were: Mrs V J Beach Miss F C Beach-MacGeagh Mr M Devlin Mr J L George Mrs D M Morrison Mrs S L Cashley-Reid

Trustees are elected by Members at the Annual General Meeting (AGM) to stand for 3 years but may stand again and be re-elected for a further period. Between AGMs individuals may be co-opted by the Board to serve on the Board for the time up to the AGM and if they are to continue to serve their election will be ratified by the AGM. Currently the Charity's Members are all serving on the Board.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate the major risks

Objectives and activities

The charity’s objects are:

To provide grants, loans, and any other means of financial assistance as may be appropriate and such other services as may be appropriate or necessary, to St Michael’s Girls Primary School Busembatia Uganda and its sister school Bishop Willigers Secondary School Busembatia or to any other school, individuals in need, charities, or other organizations working in Uganda to advance the education of persons under the age of 30 by providing and or assisting in the provision of facilities for education accommodation and nourishment of pupils and others at such schools or other organizations in order to develop their mental, physical and moral capabilities and to relieve financial need and suffering among orphans and others and prevent or relieve poverty and enable their ongoing development and sustainability whether caused by natural disaster, trouble, or catastrophe.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

Review of the year

The charity supports St. Michael’s School in Busembatia, Uganda. This is a girls’ primary school in a poor rural area. From this base we provide support to cover associated organisations and individuals in the locality: this includes individually sponsored orphans, who were once at St. Michael’s. The Okwasa home in Jinja that we purchased is being used by the sponsored orphans. We provide significant support to the next door secondary school (Bishop Willigers SS) that is slowly being built from the ground upwards, and we have raised money for another neighbouring primary school (St. Mulumba’s)

Funding & Fundraising

The charity is fortunate in its generous regular supporters: churches, a school, and other organisations as well as many individuals.

As with previous years we continued to gain significant support from St. Mary’s Church in Marlborough, St Luke’s Church in Bath and St Michael’s Without Church in Bath, St Francis School in Pewsey, the Morriston Rotary Club, and Sir Harold Hood Charitable Trust.

Charitable Activities and Expenditure

This financial year has been dominated once again by the support we have been giving since the start of the pandemic, and getting girls back into class as they come out of the long lockdowns when all schools and education establishments were closed throughout the country by order of the President.

The outbreak of the COVID epidemic meant that the planned Trustees 2020/2021 visits did not go ahead. No Trustee visit was undertaken in financial year 2021/2022. The COVID outbreak in the UK has had little impact on the way we work as the Trustees work from home and we met via teleconferencing. However in Uganda the closing of schools and difficulties in collecting school fees has led to hardship among those we support and hardship in the community. Although travel would have been easier in 2021/2022 we felt it was only right that the schools and community had some time to get back on its feet so our visit could be worthwhile and constructive planning could take place with the head teachers, and other stakeholders.

Schools

Schools closed in March 2020 and only started re-opening for some in October 2020. We helped the schools purchase hand held thermometers, hand washing stations, soap etc. It was a government requirement that all schools had to be inspected to ensure that they had this equipment and facilities to gain a re-opening certificate. Schools that did not comply were unable to reopen – For many pupils they had no education for 20 months – the longest school closures in the world due to the Covid pandemic.

October 2020

Primary 7 pupils at St Mulumba’s and St Michael’s and Senior 4 Pupils at Bishop Willigers returned to class – We funded all girls through the two terms to their national exams in March/April 2021 This was to ensure that no girl missed out on completing a stage of their education due to financial worries. We also funded boys’ lunches at St Mulumba’s and Bishop Willigers.

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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

February 2021

Primary 6 and Senior 3 returned to class – We funded all girls for their first 12 weeks back to school including all requirements eg: pens pencils, lunch, sanitary pads. This was to ensure that no girl missed out on completing a stage of their education due to financial worries. We also funded boys’ lunches at St Mulumba’s and Bishop Willigers.

March/April 2021

Primary 4 and Primary 5 and Senior 1 returned to class - We funded all girls for their first 12 weeks back to school including all requirement eg: pens pencils, lunch, sanitary pads. This was to ensure that no girl missed out on completing a stage of their education due to financial worries. We also funded boys’ lunches at St Mulumba’s and Bishop Willigers

May 2021

Senior 2 returned to class - We funded all girls for their first 12 weeks back to school including all requirement eg: pens pencils, lunch, sanitary pads. This was to ensure that no girl missed out on completing a stage of their education due to financial worries. We also funded boys’ lunches at St Mulumba’s and Bishop Willigers

In May we returned to our normal (pre COVID) giving at St Michael’s

October/November 2021 - We funded sewing instruction (teacher and material) for all the older girls at Bishop Willigers so they could learn to make washable sanitary pads.

February 2022 –

Primary 1 Primary 2 and Primary 3 and Nursery returned to class- At last all pupils are back in the class across the three schools. We funded all girls for their first 12 weeks back to school including all requirement eg: pens pencils, lunch, sanitary pads. This was to ensure that no girl missed out on completing a stage of their education due to financial worries. We also funded boys’ lunches at St Mulumba’s .

We are very proud that thanks to support from our Get a Girl Back to School Appeal we were able to ensure that all 1,117 girls across the three schools and in nursery were back in class as soon as their class were allowed to return. We paid for everything that they needed for a full 12 weeks – schools fees, lunch, pens, rulers, exercise books, maths sets and sanitary pads etc.

Community Support

Lockdown was instant and severe having an immediate impact on already a very fragile local economy. Add to this the late rains and poor harvest and there was hunger in the village. Because lockdown was so long we only managed to help in a small way – but certainly our giving throughout 20/21/22 did make a difference and Sr Judith says that lives were saved. Sr Judith identified several very vulnerable girls who were not safe staying at home for such a long time and these girls were brought to school and stayed with teachers living on campus. We funded their care at school during the financial year 21/22 until they returned to class.

Internet

We continued our giving to ensure that wifi is available to all within the village. We fund the monthly subscription for unlimited data. This funding is much appreciated and builds our relationship with the community.

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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED TRUSTEES’ REPORT (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

Building, Renovations and Repairs

St Michaels’ School

Following the collapsed washroom wall (subsidence) last financial year we are pleased to report that there were no major repairs needed this year. The PA system we funded several years ago which was used almost every school day finally failed and we funded a replacement.

St Mulumba’s School

We are aware that there is no shelter for the pupils when they have their lunch (heat and rain) and building a shelter will be considered in our planning in the coming years.

Bishop Willigers

The development of this school continues to be our highest priority. There is a real need for a secondary school in the community and we have been funding the building of this school for over 10 years. Last financial year we built a classroom block, another 5 stall pit latrine commissioned desk and chairs. We also managed to fund the complete fencing of the school including metal gate and gatekeeper’s hut. Security is very important at the school, not only for the safety of the pupils but also to stop theft of equipment etc.

This financial year we continued to meet the urgent need as the school numbers go up. We completed a large 3 classroom block, built a block of accommodation for 4 teachers and commissioned more desks and chairs to be made by the local carpenter for the science classroom.

Sponsored Orphans

Three girls are still continuing with their Nursing Training throughout this financial year with their studies disrupted due to Covid lockdown and colleges closed. Three younger girls were also significantly affected by their Secondary school being closed and their guardian in Uganda ensured that they received some home teaching support until they could return to class.

Factors outside our control and relationship with the beneficiaries

We are confident that the funding provided to the beneficiaries is used for the purpose that has been agreed. However we do not seek to take full responsibility for the way the Schools utilise the opportunity our funding provides to improve the welfare and education of the pupils.

Trustees and other supporters have in the past visited the School regularly to determine both short term pressing needs and longer term ones; that is ones which will continue the development of the school and enable its contribution to the development of the local community. The visits have fostered the sense of partnership with the School enabling shared responsibility on the use of grants made. They also provided a means of monitoring the effectiveness of these grants.

This year, because of the Covid pandemic visits were not practical. We did however maintain close links through internet communications and we remain confident that they were a reasonable substitute given the knowledge and understanding gained previously. We hope to resume visits in the financial year 2022/23.

Investment Performance

We had no investments beyond cash retained in a savings account at the Bank.

Policy in relation to reserves of unrestricted funds

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.

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THE FRIENDS OF ST. MICHAEL’S SCHOOL BUSEMBATIA UGANDA LIMITED

TRUSTEE’ REPORT (CONTINUED)

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Trustees’ responsibilities in relation to financial statements

Charity law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year.

In doing so the trustees are required to:

• select suitable accounting policies and apply them consistently;

• make judgements and estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is

• inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are responsible for safeguarding the assets of the charity and hence reasonable steps are taken for the prevention and detection of fraud and other irregularities.

In preparing this Report in March 2023 it is with great sadness that we write that one of our founding trustees Matthew Devlin passed away in October 2022. Matthew was a wise sage and a wonderfully kind and gentle man. His passion was that we always worked with the three schools and in the community in a gentle supportive way always mindful of cultural difference. He will be much missed by all of his fellow trustees and by his friends in Uganda.

In preparing this report, advantage has been taken of the exemption in the small companies’ regime.

On behalf of the board of trustees

Victoria Beach

Trustee Dated April 23[rd ] 2023

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The Frlends ofst. Mlchaevs School. Bustmbafja. U¥and•. Llmlted Independent EMarnlneFs Report For The Year Ended 31 July Z022 Thls report on the attounts of The Frfends of St. Mbchael's Sch)ol forthe year ended 31July 2022, which are set out on pages 8 to 16, Is In respect of an examlnatlon carrled out In accordance with S.43 of the Charlties Act 1993 Iyhe A¢VI. Respe¢iiv* responslbllltlès olth• Trusteegandtht Examln•r As Trustees you are responsible for the preparatlon of the accounts. you consider that the audit requirement of the RegUl￿on$ and section 43121 of the Act do not apply. It Is my duty to issue thls report on those accounts in atcordance wlth thetems of the Regulations. Bas1$ of th1$ report My examlnation was carrled out In accordance wfth the General Dirertions 8lven by the Char Cornmis5ion under sertion 4317IIBI of the Ati. That exarninatlon Includes a review of the accounting records kept bythe Trustee5 and a compar150n of the accounts with ihose records. It also Include5 considerlpg any unusual Items or disclosures In the accounts and seeklng explanations Irom you as Trustees concemin8 any such matters. The procedures undertaken do not provide all the eviéen¢e that would be requlred In an audlt, and consequently I do not express an audlt oplnlon on the vlew Iven by the accounts. Independent Examlnerfs Stat•ment I connectltsn wlth my examlnatlon, no matter ha5 come to my attentlon: 111 Whlch ￿Ve5 me reasonable cause to belleve that In any material respectthe requirement To keep accounting records In accordance with sertlon 41 of the Act.. and To prepare accounts whith accord wlth the accounting records ané compty wf(h the requlrements of the Act ard the Re8ulatlons have not been rnet,. or 121 To which, In my oplnion, attentlon should be drawn In order to enable o proper understandlng of the accoums to bE reached. AJ Morrlson Turner & Partne Chart Certlfied Accountants 24 James street West Bath BAI 2BT 24th April 2023

THE FRIENDS OF ST MICHAEL'S SCHOOL, BUSEMBATIA, UGANDA LIMITED

STATEMENTS OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 JULY 2022

Income Note Donations Received 2 Investment Income 3 Total Incoming resources Resources expended Expenditure on charitable Activities 4 Bank Fees Net movement in funds Fund Balances as at 1 August 2021 Fund Balances as at 31 July 2022	Unrestricted Restricted £ £ 30,915 12,698 28 - 30,943 12,698 27,523 17,872 96 -	2021/22 £ 43,613 28 43,641 45,395 96	2020/21 £ 56,901 6
			56,906 67,917 -
	3,324 -5,174 22,821 21,632	-1,850 44,453	-11,011 55,464
	26,145 16,458	42,603	44,453

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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THE FRIENDS OF ST MICHAEL'S SCHOOL, BUSEMBATIA, UGANDA LIMITED

BALANCE SHEET

AS AT 31 JULY 2022

		2022	2021
	Note	£	£
Current Assets
Cash in Bank		4,015	1,393
Cash in Gold Account		38,587	43,060
Total assets		42,602	44,453
Income Funds
	General Funds 5	26,144	22,821
	Funds held for designated projects	16,458	21,632
Total Income Funds		42,602	44,453

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2022. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and are for circulation to members of the company.

The accounts were approved by the Board on 23rd April 2023

Victoria Beach

Trustee

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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2022

1 Accounting policies

1.1 Charity Information

The Friends of St Michael’s School, Busembatia, Uganda Limited is a private company limited by guarantee incorporated in England and Wales.

1.2 Accounting convention

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 for Smaller Entities published on 16/07/14, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.3 Going Concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees’ continue to adopt the going concern basis of accounting in preparing the accounts.

1.4 Charitable Funds

Unrestricted funds are available to spend on activities that further any of the purposes of the charity.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Trust’s work or for specific artistic projects being undertaken by the Trust

1.5 Incoming Resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and when the amount can be quantified with reasonable accuracy.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to the donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and the receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

1.6 Resources Expended

Expenditure is recognised on an accrual basis as a liability is incurred, inclusive of any VAT which cannot be recovered. The charity is not registered for VAT.

Charitable expenditure compromises 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.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity.

All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly; others are apportioned on an appropriate basis.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial Instruments

The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at the carrying value plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effective interest method.

1.9 Provisions

Provisions are recognised when the charity has a legal or constructive present obligation as a result of a past event, if it is probable that the charity will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in net income/(expenditure) in the period it arises.

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THE FRIENDS OF ST MICHAEL'S SCHOOL BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

		2. INCOME
		Donations Received							2021/22							2020/21
									£							£
		St Mary's Church, Marlborough							1,175							1,085
		St Lukes							6,329							2,217
		St Michael Without							750							950
		St Francis School, Pewsey							1,589							1,050
		Polio and Children in Need														2,562
		Rotary Club of Morriston							1,000							2,725
		Sir Harold Hood Charitable Trust							1,700							1,000
		Mr B's Emporium														360
		Individual Donations							31,071							44,951
		Total Donations							43,613							56,901
		Donations for core activities
									£							£
		for specific purpose							12,698							40,366
		unrestricted funds							30,915							16,535
		Total Donations							43,613							56,901
		3. Investment Income
		Interest receivable							28							6

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FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

4. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

		2021/22	2020/21
		£	£
Sponsored Orphans		7,259	3,443
Support to St Michael's Primary School
General Orphans		1,712
Building General			3,083
St Michael's Covid Support 615			2,099
Get A Girl Back to School 1,937			7,033
Feeding Programme		2,108	308
Medical Fund		1,618	1,417
Matrons Wages		573	652
Literacy Project		1,160	1,392
Information Technology 551			627
Agriculture Project		1,093	838
Craft		330	268
Staff Welfare		106	509
Electricity		661	376
Waste Management		195	191
Airtime		53
Driver		177
Sports		88
Nursery		179
Other costs		177	664
Total Support to St Michael's School 13,333			19,457
Support to St Mulumba's School
Feeding programme		1,013	2,402
Building General			487
Get a Girl Back to School			6,994
Total Support to St Mulumba's 1,013			9,883
Support to Bishop Williger's School
Sponsored Pupils		410
Building Project		18,750	21,753
Equipment		1,355
Resources			2,316
Other		134	6,825
Feeding Programme		461
Medical		226
IT Teacher		95
Total Support to Bishop Williger's School 21,432			30,894

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FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

4. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES (continued)

	2021/22	2020/21
		£ 2,931 537 3,468 426 265 81 67,917 £ 34,096 33,821 67,917
Support to the Local Community	£
Community Covid Support	1,579
Vulnerable Covid Support
Total Support to the Local Community	1,579
Nanunyumya Parish	362
Namugongo Convent	406
Overheads
Overcharge - credited 22/23yr	12
Total Expenditure on Charitable Activities	45,395
Expenditure charged to funds
	£
Restricted Funds	17,872
Unrestricted Funds	27,523
Total Expenditure on Charitable Activities	45,395

5. Analysis of Net Assets between Funds as at 31 July 2022

Unrestricted Restricted		Total
Funds Funds £ £ Cash at bank and in hand 26,144 16,458
		£
		42,602

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FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

6. ANALYSIS OF CHARITABLE FUNDS

6. ANALYSIS OF CHARITABLE FUNDS	6. ANALYSIS OF CHARITABLE FUNDS
Analysis of movements in restricted funds
Fund Balance 1 Aug 2021		Income	Expenditure	Balance 31 Jul 2022
£		£	£	£
HOOD GRANT		1,700	1,700	0
MORRISTON RC ROTARY		1,000	1,000	0
SPONSORED ORPHANS 6,256		4,193	7,259	3,190
GENERAL ORPHANS/BW SPO GIRLS 3,085		550	2,122	1,513
COVID APPEAL 1,369			1,369	0
GET A GIRL BACK TO SCHOOL 1,937			1,937	0
OKWASA HOME FUND 1,606				1,606
LIZZIE MEMORIAL FUND 2,771				2,771
BANANAS FOR ST MICHAELS 461		300	177	584
NURSE SALARY FUND		420	420	0
SR FRANCIS SCHOOL LITERACY FUND		875	875	0
ST MULUMBA'S FUND 4,146		3,660	1,013	6,793
Balancing				0
TOTAL RESTRICTED 21,631		12,698	17,872	16,457
Analysis of movements in unrestricted funds General Fund 22,821 Interest/Bank Fees		30,915	27,523 69	26,213 -69
General Fund
Interest/Bank Fees
TOTAL UNRESTRICTED	22,821	30,915	27,592	26,145
TOTAL FUNDS	44,452	43,613	45,464	42,602

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FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2022

7. Analysis of Net Assets between Funds as at 31 July 2022

Unrestricted Restricted		Total
Funds Funds £ £ Cash at bank and in hand 26,145 16,458
		£
		42,603

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the year.

9 Employees

There were no employees during the year.

10 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to extent that these are applied to its charitable objects.

11 Other commitments

At 31 July 2022 the company had no outstanding commitments

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