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 2023
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 0
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 JULY 2023
| CONTENTS | |
|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION | 2 |
| TRUSTEES’ REPORT | 3 |
| INDEPENDENT EXAMINER’S REPORT | 8 |
| STATEMENT OF FINANCIAL ACTIVITIES | 9 |
| BALANCE SHEET | 10 |
| NOTES OF ACCOUNTS | 11 |
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 1
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 JULY 2023
| Trustees | |
|---|---|
| Mrs V J Beach | |
| Miss F C Beach-MacGeagh | |
| Mr J L George | |
| Mrs D M Morrison | |
| Mrs S L Cashley-Reid | |
| Secretary | Mrs V J Beach |
| Company Number | 06973451 |
| Charity Number | 1132596 |
| Principal Address | |
| Little Moregrove | |
| Perrymead | |
| Bath | |
| BA2 5AZ | |
| Registered Office | |
| Little Moregrove | |
| Perrymead | |
| Bath | |
| BA2 5AZ |
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 2
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 JULY 2023
The Trustees present their report and accounts for the year ended 31 July 2023.
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 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.
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 3
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
TRUSTEES’ REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
Review of the year
This year the charity has continued focusing support on St. Michael’s Girl’s Primary School in Busembatia, as we work towards an efficient, sustainable, and scalable model for delivering long term impact to other schools within Bugweri District and beyond. From this base we provide support to associated organisations and individuals in the locality: this includes individually sponsored orphans, who were once at St. Michael’s. We provide significant support to the nextdoor secondary school - Bishop Willigers Mixed Secondary that is being built from the ground upwards – work commenced in 2009. There was an urgent need for a Secondary School in the subcounty as too many children were dropping out of education post primary. We also support St Michael’s mixed Nursery School Namunyumya (3 years) one of the few pre-primary schools in the village, and certainly the best.
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, St Francis School in Pewsey, the Morriston Rotary Club, Polio & Children in Need, Mr B’s Bookshop (Bath) Sleaford Senior Golfers, and the Sir Harold Hood Charitable Trust.
Charitable Activities and Expenditure
We meet our objective funding all projects to which we were committed and provided funding for existing and new ventures beyond St Michael’s school. Thanks to our support St Michael’s and Bishop Willigers School have quickly got back on to a stable footing post Covid lockdowns. Attendance is back to pre-Covid numbers partly thanks to our significant financial support we gave throughout the pandemic and funding to get girls back into class. We were disappointed with the leadership at St Mulumba’s throughout the Covid pandemic and we have paused all support to this school until there is good leadership at the school. This pause is helping us to fine tune our modelling on how we grow. It is heart breaking for the children affected by this pause – particularly missing out on school lunches but it has enabled us to put more checks and balances in place to ensure transparency and accountability as we expand our reach to more schools. We are confident that the actions that the District Education Officers and others are taking will rectify the situation and we will recommence our support as soon as we are satisfied.
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 4
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
TRUSTEES’ REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
Although travel for trustee visits was easier in 22/23 we decided that the first visit would be in July 2023 to allow the school to focus on the pupils post lockdowns. We had a very successful visit in July/August and were really pleased that the schools are back to capacity and aiming high.
Schools
St. Michael’s Girls Primary
We have continued all our termly support and we feel that our partnership with the leadership and parents is working well. The parents/guardians now really get behind supporting the school, ensuring that their daughters regular attend class and purchase scholastic requirements. We have noticed that the PTA now raises money to improve the school – which is exactly what we want the school to do, a partnership leading to long term sustainability. We continued our core support – school lunches, medical care for all and the running of the library. The school this year was the top performing school in the district (68 schools) Although exam results are just one measure of the success of a school , visits from trustee and volunteers are an opportunity for them to showcase the energy, passion and compassion throughout the school, and we are very proud of the girls – they have a bright future, based on the best possible primary education in a rural African village.
St Michael’s Mixed Nursery
It is important the local children attend early years’ education – The three years attending nursery is crucial for early childhood development. St Michael’s Nursery is housed in a building within the school grounds. The rooms are cramped, but the children do have access to water, toilets and an excellent playground all within a fenced secure campus. We fund lunch and materials to make locally made nursery resources, and resources that cannot be made eg Lego type blocks. It is clear that the children are better prepared for the move to a more structured primary education - the girls to St Michael’s the boys to other local primary schools. We will continue to support the Nursery, particularly with educational resources. All the children have full access to the dedicated Medical Centre and full-time residential nurse throughout the school day.
Bishop Willigers Mixed Secondary School
The school we are building next to St Michael’s is an important part of our work. All sub counties should have a Secondary School but many do not. Too many children throughout Uganda are dropping out of education post primary because there is no local Secondary School. We started building Bishop Willigers on community land in 2009. The number of
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 5
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
TRUSTEES’ REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
students has gone up and up and at the time of writing this report in December 2023 the school enrolment is 400, the school is now a registered Exam Centre and Government
Grant aided (teachers and support staff on the government payroll) We have done significant funding this year at Bishop Willigers. The school received 20 computers from the Uganda Communications Commission, and we funded the floor tiling of the computer room so that dust getting inside the computers wouldn’t become an issue in the future. The number of girls at Bishop Willigers continues to rise and we bought more bunk beds for the hostel, keeping girls who live deep in the village safe. We also built a washroom and a more classrooms – an additional three rooms that can accommodate 50 students each and the school continues to grow. The goal is to try to educate 1,000 pupils in the next two years.
Community Support
Now that trustee visits have resumed, we were able to bring back crafts made by the local women, to sell in the UK. As a testimony to the success of this outreach local mother made pots for us in order to fund lifesaving surgery to treat her 11 year old daughter for appendicitis. There is no free health care in Uganda. The girl has now fully recovered and is back in school.
Internet
We continued our giving to ensure that Wi-Fi 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.
Sponsored Orphans
We have continued with our sponsorship of a number of girls – The original number of 10 full sponsored girls is now reduced to 5 girls as girls complete their nursing/midwifery training and set off as independent women.
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 visit 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.
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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
TRUSTEES’ REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
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.
IT SHOULD BE NOTED THAT IN THESE ACCOUNTS WE HAD TWO EVENTS THAT INCREASED OUR LEVEL OF UNRESTRICTED RESERVES (1) THE POOR HEALTH OF MATTHEW DEVLIN - WHO HAS SADLY NOW DIED – HE WAS UNABLE TO DO GIFT AID RETURNS AND THIS HAS MEANT THAT THREE YEARS OF GIFT AID RECLAIM ARE IN THESE ACCOUNTS (2) BECAUSE OF THE POOR ACCOUNTABILITY FROM ST. MULUMBAS WE IMMEDIATELY STOPPED SCHOOL LUNCH FUNDING AT THIS SCHOOL– AND IT TAKES A FEW MONTHS TO PROPERLY ACCESS ANOTHER PRIMARY SCHOOL – SO FUNDS WERE UNUSED THAT HAD BEEN ALLOCATED FOR SCHOOL LUNCHES.
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, advantage has been taken of the exemption in the small companies’ regime.
On behalf of the board of trustees
Victoria Beach
Trustee Dated 1[ST] March 2024
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The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 8
THE FRIENDS OF ST MICHAEL'S SCHOOL, BUSEMBATIA, UGANDA LIMITED
STATEMENTS OF FINANCIAL ACIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST JULY 2023
| Income Donations Received 2 Investment Income 3 Gift Aid Recovered Total Income Resources Expended Expenditure on charitable Activities 4 Total resources expended Net movement in funds Fund Balances at 1.8.22 Fund Balances as 31.7.23 |
Unrestricted Restricted 2023 2022 £ £ £ £ 22,769 11,475 34,244 43,613 371 371 28 15,812 15,812 |
|---|---|
| 38,952 11,475 50,427 43,641 |
|
| 30,841 16,237 47,078 45,395 60 60 96 |
|
| 30901 16237 47138 45491 |
|
| 8,051 -4,762 3,289 -1,850 26,145 16,458 42,603 44,453 |
|
| 34,196 11,696 45,892 45,892 |
High level of unrestricted reserve due to 3 years Gift Aid reclaim + withdrawal from school lunch at a primary school (see Trustee Report)
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
NOTES TO THE ACCOUNTS
| Balance Sheet as at 31 JULY 2023 | ||
|---|---|---|
| Current Assets Note Cash in Bank Cash in Gold Account Total assets Funds General Funds 5 Funds held for designated projects Total Income Funds |
2023 £ 9947 35945 45892 34196 11696 45892 |
2022 £ 4015 38588 |
| 42603 26145 16458 |
||
| 42603 |
Total Income Funds
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 2023. 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 1[st] March 2024
Victoria Beach
Trustee
Company Registration No. 06973451
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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDA LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023
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. MICHAELS SCHOOL BUSEMBATIA, UGANDA LIMITED
NOTE TO THE ACCOUNTS
FOR YEAR ENDED 31 JULY 2023
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, UGANDS LIMITED
NOTE TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 JULY 2023
THE FRIENDS OF ST MICHAEL'S SCHOOL BUSEMBATIA, UGANDA LIMITED YEAR ENDING 31.7.23
| Donations Received St Mary's Church, Marlborough St Lukes Bath St Michael Without Bath St Francis School, Pewsey Polio and Children in Need Rotary Club of Morriston Sir Harold Hood Charitable Trust Mr B's Emporium Bath St Mary's Bathwick Restless Devt Sleaford Ladies Golf Individual Donations Total Donations Donations for core activities for specific purpose unrestricted funds Total Donations Interest receivable Gift Aid for the past 3 years Total Income |
2022/23 2163 1231 0 1887 1500 1100 2000 310 110 1110 800 22034 34244 11475 22769 34244 371 15812 50427 |
2021/22 £ 1175 6329 750 1589 1000 1700 31071 |
|---|---|---|
| 43613 12698 30915 |
||
| 43613 | ||
| 28 | ||
| 43641 |
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THE FRIENDS OF ST MICHAEL'S SCHOOL BUSEMBATIA, UGANDA LIMITED
NOTE TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 JULY 2023
| Analysis of expenditure on charitable activities Sponsored Orphans Support to St Michael's Primary School Vulnerable Girls Building General/ Repairs and Maintenance St Michael's Covid Support Get A Girl Back to School Feeding Programme Medical Fund Matrons Wages Literacy Project Information Technology Agriculture Project Craft Staff Welfare Electricity Waste Management Airtime (now in other costs) Driver (now in other costs) Sports Nursery Bananas Other Costs Total Support to St Michael's School Support to St Mulumba's School Feeding programme Building General Other Get a Girl Back to School Total Support to St Mulumba's |
2023 681 2025 3172 2165 707 1323 681 1021 429 163 585 209 |
5879 14270 1126 |
2022 1712 615 1937 2108 1618 573 1160 551 1093 330 106 661 195 53 177 88 179 177 1013 |
7259 |
|---|---|---|---|---|
| 136 615 |
||||
| 359 | ||||
| 1055 | 13333 | |||
| 71 | ||||
| 1013 |
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 14
Support to Bishop Williger's School
| Sponsored Pupils Building Project Resources and Equipment Other Feeding Programme Medical IT Teacher Total Support to Bishop Williger's School Support to the Local Community Community Covid Support Vulnerable Covid Support Total Support to the Local Community Namunyumya Internet Okwasa Craft Namugongo Convent Overheads Bookkeeper Bank Fees Website Volunteer Accom ( videographer) Overcharge - credited 22/23 yr Total Expenditure on Charitable Activities Expenditure charged to funds Restricted Funds Unrestricted Funds see trustee report Total* |
484 | 23265 725 1874 47138 |
410 18750 1355 134 461 226 95 1579 362 406 |
|
|---|---|---|---|---|
| 20409 | ||||
| 486 189 805 345 547 388 337 1368 60 245 201 16237 30901 |
||||
| 21432 | ||||
| 1579 | ||||
| 769 | ||||
| 12 | ||||
| 45395 | ||||
| 17872 27523 |
||||
| 47138 | 45395 |
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THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDS LIMITED
NOTE TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 JULY 2023
6. Analysis of Charitable Funds
Analysis of movements in restricted funds
| Fund HOOD GRANT MORRISTON ROTARY Ind SPONSORED ORPHANS VULNERABLE GIRLS/BW SPO GIRLS OKWASA HOME FUND LIZZIE MEMORIAL FUND BANANAS FOR ST MICHAELS SR FRANCIS SCHOOL LITERACY FUND SCHOOL LUNCH FUND Balancing TOTALS RESTRICTED Analysis of Unrestricted funds General Fund From Gold Account Interest/Bank Fees TOTAL UNRESTRICTED TOTAL FUNDS |
31.7-22 £ 3,190 1,513 1,606 2,771 584 0 6,793 16,457 26,213 -69 26,145 42,602 |
Income £ 2,000 1,100 4,220 960 3,195 11,475 38,952 38,952 50,427 |
Expenditure 31.7.23 £ £ 2,000 0 1,100 0 5,879 1,531 681 832 1,606 2,771 584 0 960 0 5,032 4,957 0 |
|---|---|---|---|
| 16,235 11,696 |
|||
| 30,841 34,324 0 60 -129 |
|||
| 30,901 34,196 |
|||
| 0 0 |
|||
| 47,138 45,892 |
7 . Analysis of Net Assets between Funds as at 31 July 2023
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | ||
| £ | £ | £ | |
| Cash at bank and in hand | 34,195.90 | 11,696.35 | 45,892.25 |
| see Trustee report |
The Friends of St Michael’s School Busembatia, Trustees Report and Accounts 31[st] July 2023 | 16
THE FRIENDS OF ST. MICHAEL’S SCHOOL, BUSEMBATIA, UGANDS LIMITED
NOTE TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 JULY 2023
Trustees None of the trustees (or any persons connected with them) received 8. 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 2023 the company had no outstanding commitments
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