REGISTERED COMPANY NUMBER: 07211790 (England and Waleg) REGISTERED CHARITY NUMBER: 1136467 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR TRANSFORM BURKINA Ivan Shannon & Co 39 Church Street Ballynahinch Northern Ireland BT24 8AF
TRANSFORM BURKINA CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Report ol the Tru8t 1 to 5 Ind•pond•nt Examlnorf8 Report 3latamont of Flnancl•l ActMtle8 statement of FlnancL41 P••lUon Nots8 10 tho FIMncL•l 81at•ment• 9 to 17 Dotallad Statsm•nt of Flnanclal Actlvltl 18
TRANSFORM BURKINA REPORT OF THE TRUSTEES (INCORPORATING THE LYRECTOR'S REPORT) FOR THE YEAR ENDED 30 JUNE 2024 Tha twstees who are also directors of the chaiity for the Pufposes of Ihe Cryarlles Act 2006. present tslr rep wth financial Statements of the drIty for the year ended 30 Juno 2024. The trustees have adopted provislons of Accounting and Reportin9 by Chartlies.. Statsment of Rec(XnMend Prath applicable to chaTitie5 preparing their aUnts in accordan with the Financial Reportiro Standard appli{ble in th8 UK and Republlc of IrelarKI IFRS 1021 (effe(iva 1 Jonuery 2019). About Tran810rn1 Burklna Transforni Burkina was founded kn 2010 tn resporne to trustees, firstthand expWIen of poverty in &Jrkina Fa50. Our mission is to Work in partnersfdp to gi every life we touch. the opportunity to r8ach tsif full potsntial. alm to achieve th18 through supporting the Fyovision of hwh•ialrty propds k) iNyrm: Educatlon. gkills and vocalional tr8lnlw. Health and nutrition. Water supply and sanltstion. The ethos behind Ihese ig to empMY the people of Buthina Faso to b8 able to conb'nue to bkn and inlluenc thè workj through improved health. education and libelthoods. aiso aim to raige people's awareness of unty and the benefits ol Its cullure. ObJoCtlve8 and athlll88 ObJe¢tlve8 and alm8 Our ObAocllves aro: a) To relieve sid(ne88 and finandal hardshlp and to pyomote and preserve good health by th8 provsslon of good8 aThJ 8ervic8s of any klnd In Sh parts of Burf(Ina Fa80 or World as Ihe Trustees from tlme to time may think fft. b) To 8dvanc• educatlon In such parts of Buthina Fa80 or Wortd as the Trustees frcm ts'me to time may thSnk fit. It18 the Charity's alm to fvlfil these objectrvos as a wathcal of Christian falth-ba8ed values. Page 1
TrANSFORM BURKINA REPORT OF THE TRUSTEES (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 30 JUNE 2024 ObJe¢lfve8 and actlv11108 Slgnlftcant acllvlile8 Revlew of the year to June X124 This has been another challenging year in Burt(ina Faso due to the ongoirfj security issues. with travel outside of Ouagadougou still prohibited for UK visltots, so a declsion vms made to not make any visits this year. However, we hav8 again met staff from our main partners in the UK and online, and reporting and monitoring of projects online and using nartphone apps has been i)Jrther developed arKI is provtiig successful. Educallon wrth an estimated literacy level of 30% in Burkina Faso ( one of the lowest in the wortd ), VR have conttnued our support for edUtiOn, via our local partners, netsvork of 12 schools. Ourfng the year we supported projects indudlng: • Ongoing support for 56 students and the bursary scheme, Ilnking inthvidual thildren in BUIna Faso to their donors . Ongoing salary support for rural teachers in Ratyiri School . Providing 50,000 school meals per year to those most in need. . Supporting an education project exdusiv8ly for girls. . Supporting a Tailoring project with 40 students, induding glving tailoring kits to stsents onc£ they'd carnpleted their studies to establish themsefves in business. . Sponsorlng a student nurse through the final year of her studtes. . Supporting a literaGy project In villages east of Ouagadougou In Zougou arvj Doundoudougou resulting in 64 graduates in literacy, numeracy and baslc buslness skills who are then helped to estsblish their Q•vn small agricultural businesses. Water and 8anltatlon W& are continuing our woth to provide more communities with access to clean. aessIble water togeth8r thryth good 88nitation and hygiene fa¢iliti8s and trainiw. believwig this should be a basic right for all. Our major wells prolect is ¢ontinuing with a totsl of 182 wells rehabltsted by the end of June 2024. This is providing dean water to approximatsly 72.000 people. The funrfing for this is provided by working in partnetship with C02 Balance. a UK-based trading cornpany, who obtsin carfoon uedits from the ¢art)on that ts Saved by households not having to boil water to purify It. Health Burkina Faso sts'll faces major challenges in the health sector. Communicabl8 diseases continue to be the primary cause of morbidity and mortality in the country. with malaria being the18rgest contributor to mortality for children under 5 years of age. In addition, Burkina Faso did not fully meet Millennium Development Goals in child mortality. matemal mortality and sanitation. Ile support the Bethante Health Centra whlch Is the only m8dlcal facilty in a fa8trowlTrJ informal setdement on the outskir13 of Ouagadougou. Each year 8,000 peopb use the fracility. We are currently supporting a project Sn coryunctton with the Ministry of Hoalth in Burf<ina Faso. where we improve the facAlitss and increase the treatments on offer. with the govemment supporting costs for the poorest in the mrnunty. Agrfculture Food supply 15 a key issue in Burkina Faso with 3.3 milln of the population of 20 million facing acute food insecurity. We aim to wort< wlth local communities to give them thè skills and tools necessary to establish their own small-scale agriculiural projects and to help them develop vmys of ensuring a more reliable and less seasonal water supply. During the year we 8UPPOrted projects induding: • Providing fijnding for two agricultural courses in Gourcy in the North Region enabliNJ 200 students to ieam the basics of agricultural tecniques. . Providing agricuitural'kits, to 20 students to enable them to start their own small businesses. • Expanding the I19aOn system in Mako by funding 8n expansion of the pTeviously funded dam, enabling the reseNolr to expand and give water to a larger area of irrigated land thioughout the year. Publlc benefft Th8 United Nations, ranks Burkina Fgso amongst the worfrfs poorest five countrigs In tern of d8lOpMent. 1018 seek to transfom the lives of some of the very poorest people on our planet, but atso aim to introduce people in the UK to the riches of Burklnabe culture and hospitality, b4ieving Buthina Faso can be a blessing to the world. Page 2
TrANSFORM BURKINA REPORT OF THE TRUSTEES ONCORPORATING THE DIRECTOR'S REPORT FOR THE YEAR ENDED 30 JUNE 2024 Flnanclal revl Flnan¢lal prtIon Total inwming resources for the year £237.921 (2023: £292,736). cixrtinue to receive ¥Kome from C02 Balance in respect of the well rehabllitats'on proieds. and in ts year, this in¢Th totslled £146.448 (2023: £196,570). The project ' anticipaled ta last another 2 years. so wli I rain a major componffit of the charity's Income. Additsonally, the chadty received inrne frorn other grants totsllirvJ £21,31312023: £9,750) and donalions frc#n churches and indibiduals of £66.335 (2023: £66.417). Gift atd in(xJme in the year totalled £3.651 (2023: £6.819). The tnjstses are enomiousty grateful to all who Iwve supported our wort( financ#alty and practtcalty throug1 the year. Total 8xpendiiur8 h the year way £252,585 (2023: £305.687). 88% (2023: 89%) goiryJ dirKty to specific projects In Burkina Faso. The remaining balan re&Kesents fundTaisiNJ. administratK•n and governan costs. As we have grown ¢)ver racent years. the trustees aim to keep non-proJ8Ct c¥Ats to a minimum, helrd ty the fa(# that our trtee$ and voluntth offer their ts'me and energy on a voluntary ba5. Most of the Income received by charity is restricted to speuftc programmes. Income restrlcted to spedfic projects. operatsd vi8 our partner organisats'ons wi Bumna Faso, in the year totslled £221,969 (2023: £281,030). remitted total fvnds of £221.444 (2023: £273.285). Detaib of th09e programm the balances held at the erKI of the year are shth•m In the notes to the accounts. No report of money spen[ lacllltles bunL or equlwent can encapsullts the Immense impaci on people's lives that th18 provlston ivings. be it chan water, educalion, loans to start a small tJsiness or health and sanitation lacilrties. We, who have come to tske these things for granted. camot nthv imaginè how lrfe would be without them. Supporting trangfonnation 'one Ilfe at a tlme. Kthy Tran8fomi Burkina exi8ts, arKI thard( all our 8UPPOrter8 fix their 9pOrt an(ra9ent and prayers. R?1orve• pollcy The Trustees aim to hold sufficrt unre8tslcted fijnds to co¥r thro8 month8 of roultne expendNure. At the yèar and, dobing unre8trkted regerves stood at £22.448 (2023: £21,798), thlch reFxesents approximatety nine months of admlnlstration co8t& Trusiee8 monitor the financi81 position, induding rnserves, at each of their regular meelings, and the resorves tsrget Is Mvied a8 Part of the Risk Management rBview. AM restrictsd, and any 3urplu$ unrestricted funds. are remitted to 8urt(ina Faso 48 quI(ly as possible after receipt and In accordance ¥%ith project an$ and gchedul88. Golng concem At the time of approvlng the tlnandal Statemgnts the tr183 ha a rnasonth expertatton that the chafty hag adequate our¢es to ¢ontinue In operatlon exlgterK* for the foreseaablo firture. Thus tho trugte89 contlnue to adopt the golng corthm basts of accfjunting in preparfng the financia5 staternents. Futurn plans In ¢duutlon we aim to.. . Malntsin the new and higher number of thildren to vhKffi ¢an offer bursaries . Malntain our programme of lead support . Continue our support for the Literacy woie(ts and lilxaiie8 In Zougou and Dnd(JdwgQU. . Continue provlding 50,IXIO school meals a year . Continue our support of the glrfs education pr4ed • Continue our support the tailoring project In w•tsr and sanitation a(m to: • We atrn lo rehabilitats a further 52 in the r#Nihem regton. 95viry water to 20.000 moro people. In hoalth we aim to: . Develop the 8ethanle health centre furlher. enabllTrJ It to bec¥Jne an officidty recogni8ed health centre by the govemment In Burklna Faso which will lead to direct fvndin9 frrxn the govemment for s(Kne Servi5. In agrfcultsrre to: . Continue funding two agilculr8l couwses in Gourcy . Conllnue to fund tho agriCurnI klts In adOn wo will continue to suppcrft the capacity of both tyjf and tyJr parfnefs. organi5ational development through regular excharKJes of ideas, further enhanranents to reporttffj Sy5twns. MOrulng and evaluation of projects eto Page 3
TrANSFORM BURKINA REPORT OF THE TRUSTEES (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 30 JUNE 2024 Struetufei gov•manco and nmnagemont Govornlng document The ¢harity is a company limited by guarantee arKI is cThitrolled by ts go%wning document, ts Memorandum and Artides of As$oaation. The company was regtstered 1st .1 2010 and the charty was wistered in June ofthat year. Organ18atlonal strueture The Irustees meet at least 3 times a year a8 a full board. Tlw a130 w rngular tdeph(Th aThJ inmet conferencing to keep each other infomied. Day to day management of the tharity is undertaknn by the Ex8tiVa Offiw. R18k m•n•g•m•nt The trustees regularfy revknw the potenlial risks f8ced by the charity Ing the risk regtster in Ple. Thoy believe that adequat8 controts arKI proc8dures are in kn to minwnise tlwe rigks. The trustees are aware of thelr responsits'lltses and keep these Issues under onoing revivw. Organ18•11onal development At the core of our work are our local partnern. partrAAaty AEAD and APENF. Burkina based NGO'S. *ith wlK)m have worf(ed with principalty since our fouTrJation. Rel•ronM and admln18tradv• dolall• Ro918tsred Company numbar 07211790 (EWand and Wales) Rog18tsred Charfty numb•r 1136457 Regl8tered offlce 5 Bluestone Way Suttonthsea Mabletho LN12 2UU Tru8ta Mr S Buwert Mr R W Mccullagh Mr C Richards MrDJSmth Mrs J M Walker Mrs J M West Company Secrotary Mrs J M West Indop•ndMt Examln•r Ivan Shannon & Co 39 Church Street Ballynahinch Northem Ireland 8T24 8AF Bank•r• CAF Bank Limited 25 Kings Hlll Avenug Kings Hill West MalllrvJ Kent ME194JQ Page 4
TRANSFORM BURKINA REPORT OF THE TRUSTEES (INCORPORATING THE DIRECTOR'S REPORT) FOR THE YEAR ENDED 30 JUNE 2024 Thls report has been wepared in accordw ilh tr sp8cHi of Part 15 of Compariw Act 2(Th relatirvj small companles. Appr+d by order of fv board of tnjstees on .... ...... .... &grd on its b8half ty. Mr R W MU[lagh - Trustse Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TrANSFORM BURKINA Indopgndent oxamlnoes report to tho tru8teo8 of TRANSFORM BURKINA Ilh• Company) I reportto the charity trustees on my examinati ol th8 accujnts of CThnpany forts eThJed 30 June 2024. RpOnSIbIlItIeS and ba818 of report As the charity's Instees of the Company (and atso Its dreclors for ts wrposes of c(xnp8ny I) you are responsfole for the preparation of ts accounts in acrxjrdance the requTrnments of the Compani85 Ad 2Crt)6 2( Arf). Having satisfied myself that the aw)unts of the Cornpary are not requlred to bè au(fited under Part 16 of thè 2006 Act and are el[ble for indépendent exarnination. I report in r8spe( of my exarninalion of your thaiity's accounts as carried tyjt und Sgction 145 of the Charities Act 2011 (Y¢e 2011 Ac¥). In caffying out my examination I ha¥8 fdlowwd ts Directions gIn by the Charity Commission urKJer Section 145(5) Ib) of 2011 Ac Indepfrndant oxamlnèrf8 8tat•mant I have completed my examinalion. l nIIrM thal no mthrs ha%e c¢xne to my attanlion in conrnction wlth 1he exarnlnatlon glving Me cause to believe: a¢un0 records vre not kept In re8POCt ol the C(xnpany as wu11 by Seclkn 386 01 the 2(1)6 Art or the accounts do not accond with those records: or the accounts do not CoMY with the Kcounts'ng requirements of Secaion 396 of the 2008 Ad other than any requir8ment that the accounts wve a true and fair viffw which is not a rnatter Coldered as part of An independent examln8tion,' or the accounts hwe not been prepared in a(wrdance with the methods and pdnclples of tha Statement of Recommended Practtce for a(xountsng and reportiNJ by Char8$ (applica6 to thariiies preparing their accounts In accordance th tho Fin91 Repth'ng Starard arylicaNe in UK arKI Republ of IrelarKI {FRS 102)). I have no concom8 ha%e coma acro88 no other mattern in vrith Ihe axwninatlon lo whlch attentlon Should be drawn In thls report in order to enable a prq)er underntanding of the to bo rnadfftl. Kelly Gille$ple FCA The In8tituts of Charter•J A¢c¢untsnts in Ireland Ivan Shannon & Co 39 Church Street Ballynahinch Northern Ireland BT24 8AF Islo.3. IL5........... Page 6
TRANSFORM BURKINA STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30JUNE 2024 30.6.24 Total fund8 30.6.23 Total fund8 Unr08tr1¢tsd fund Restrlctsd funds Nots8 INCOME AND ENDOWMENTS FROM Donations and legacies 15.798 221,970 237,788 279,558 Other tradlng 8CtlvlUes Investsnent income 13.004 178 153 163 Total 237 921 292 738 EXPENDITURE ON Raising funds 5,588 Charftabl• •ctlvftlo• Agriculture Education - Bur8arfe8 Well8 Rehabllitation Cllnlc Health - Famlly Support Female Educatlon Giving Africa Adult Lltsracy Educatlon - Ratylrl Development School Food Educatlon - ScholarnhlpB UKAID Water- Well Drllllng Gen8ral fvnd Tallorlng courne 4100 3,300 136,137 20.000 3.100 3,000 7,000 6,027 185,206 18,OCKI 4.870 3,000 9.500 15,000 4.000 11,500 5.000 4,517 16.100 32.399 3,300 135,137 20.000 3,100 3,000 15,000 4,000 7,600 6.800 16.OlXI 4,01)0 7,500 18,000 18,1100 31,141 31,141 ToLql 221 NEf INCOMEIIEXPENDITURE) Tran8fer8 bgtwgen fund8 115,190) 626 (14,664) (12,951) 10 Ngt mov•m•nt In fund• (10.3141 (14,864) (12,951) RECONCILIATION OF FUNDS Total fund8 brought forward 21,798 76,868 89.519 TOTAL FUNDS CARRIED FORWARD 39 The noles form part of these financial statements Page 7
TRANSFORM BURKINA (Registered numbor 07211790) STATEMENT OF FINANCIAL posmoN 30 JUNE 2024 30.&24 Total 30.6.23 Total funds fund fund8 CURRENT ASSETS Debtors Cash at bank 5.586 573 4,923 23m1 63.367 79.804 CREDrroRS Amounts falling due within one year {1A63) (3,236) NET CURRENT ASSETS 76 568 TOTAL ASSETS L&88 CURRENT UABILMES 81.904 76,588 NET ASSETS FUNDS Unrestrithd fvnds Restricted funds 10 21.798 39 TOTAL FUNDS The charita& TrpanY rs entiuad to exa from al[l under Seclion 477 of ts Comp3nies Act 2006 for the year ended 30 June 2024. The members have not required company to obtain an a11¢ ol its financial stateffl for the year ended 30 Jun8 2024 tn accordance yth Section 476 of the Compantes Act 20LB. The trustees ad(nowledge their SPOnsIble$ for (a) ensuring that the dwitable company W a(x(X1Trj records that conwly ilh Sections 386 and 387 of the Companies Act 21))S aThl preparing financial StateMts 7thit* give a true arKI la VMY of ts stsle of affwrs of the charitabl8 company as at the erKI of each financ4al year a1 of its surplus or (br1t for eath finan(aal year in accordance th the requirements of Sections 394 and 395 arml whith otheTh%is8 with the requirements of the Cornpanies Act 20rffj relaling to fjnancial ststwnents. so far as applicable to th8 charitab company. (b) These finanaal statements ha%È twn wepared in a(xX)r wilh thè wovtsions applicabl8 to dlit0b1e ¢1panIeS subject to the small companMs regnne. The finanlial statements vRre apprj by the Board of Tntstees arKI ISS on ......... and were signed on its behalf by: Mr R MUl1agh- Trustee The rK>tes ft)rm part of these financial statements Page 8
TRANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES Basls of prnparlng the Ilnanclal Statements The finanal statements of the charitable company. vthich bs a publlc benefft 8nty under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounl'ng aTha Repoitirwj by Chares.. Statement of Recommended PraGlice applicable to charities preparing their arxounts in accordance the Financial ReportirvJ Stsndard applicable in the UK and Rewblic of Ireland (FRS 102) (effective 1 January 2019).. Finanaal Reporung Standard 102 Tr Financial Reporting Standard applicabte in the UK arKI Republic of IrelarKI' and the Companies Act 2006. Th8 financial statements have bean prepared under the hsstorical cost conventr'on. Incomo All income ts rectynwd in the Ststsment of Financial Activities once the charity has entitlement lo the fun(ts, it is probabla that the InMe will be rec8ived and the amount can measured reliably. eXPendre Liabilities are reCognd as experKliiure as soon as there is a legal or nstrUctIve obligation commttting Ihe charity to that expenditure, it is probable that a transfer of economic benefits wlll be required in settlement and the amunt of the oblytion can b8 measured reliably. Exp8nditure is accounted for an accruals basis and ha5 been dassified under headings that aggregate all cost related to the category. Vthere costs cannot be directly attributed to partlcular h8ading8 they have been allocated to activitles on a basis consL8tent wlth th8 use of resourcas. Grants payable are payments made to third parties in the furtherance of the tharitable oLyects of the Trust In the case of an uncondiiional grant offer this is attrued onc* thé recipient has beèn notified of the grant award. notifiGat¢on gives the rectptent a reasonable expectation that th8y will re1ve the or-year or multi-year gr8nt Grants awards that are subJ"8Ct to th8 r8cipi8nt fulfilling perfOMan conditions are ijnly ac£rued when thè rectpient has b notified of the grant and any remaining unfulfilled conditson attaching to that 9rant is outside of the control of the TrusL Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there 18 unrtainty as to the timing ofthe grant or the amount ofgrant payable T•xallon The thartty is exempt from Corporation tax on ts charitable activitigs. Fund accountlng Unrestrtcted fvrKJ8 can be u88d in accordanc8 with tha charitable objectiw at the discretion of the trustées. Restricted funds can only be used for particjjlar restri(ed purpos8s within the objecis of ts charity. Restrtctions arlse when specFfied by the donor or when funds are ralsed for particular restricted purposes. Further explanation of the nature and purpose of each fund is Induded In the notes to the financlal statsmerrts. Pen81on cogt8 and other post4•Urément bèneflts The charitablg company operatss a defined contribut¢on pension scheme. Contributions payab to Ihe charitable companys pension stheme are charged to the Staternent of FInarla1 Activities in the period lo vthich they relate. Debtor8 Short-tem) debtors are measured at transaction price, less any imp8iment. Loans receivable are measured initially at falr value, net of transaction costs, and ara measured subsequenlly at amortised cost using the effective interest method. less any Impalmient. Page 9 continued...
TRANSFORM BURKINA NOTES TO TrIE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 OTHER TRADING ACTivmES 30.&24 30.623 Fundraising INVESTMENT INCOME 30.&24 30.6.23 DeprAt 8C(x)unt interest 153 176 NET INCOMEI{EXPENDITUREI Net inc(mel(expendibJre) is stated after drgI(xe1thhr0): 30.&24 30.&23 Indeperthtt Examlrws Fee TRUSTEES. REMUNERATION AND BENEFITS There were no trte8$, rernunerati(Mi or ollw benefits the >ar erKled 30 JurE 2024 nor for the year ended 30 Juro 2023. Trusts, expon8 There were no trustees. expenses for tho year 8Th18d 30 June 24 nor forthe Jear eThled 30 Jurn 20Z3. STAFF COSTS 30.6.24 30.6.23 Wages and salaries Other pension costs 26.186 22.747 average monthly number ofenyloyees durirKJ the yearwas as folltr 30.&24 30.&rJ Adrninistrali¥ No emYe8S rec8ived emoluments in excess of £ei).ocK). Page 10 ¢¢tinUed...
TrANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 JUNE 2024 COMPARATIVES FOR THE STATEMEiif OF FINANCIAL ACTivmES Unrestrletod Rostrlctad fund 18 Total funds INCOME AND ENDOVIMEpifs FROU Donations and legacr88 11.530 279,556 Other trading ath¥iti68 Investrnent inMme 13.004 13,004 176 176 Total EXPENDITURE ON Raising funds Charftable actlvltl•• Agriculture Educatton . Burnarles Wells Rehabilltalion Clin1¢ Health - Famlly Support Female Educatlon Glving Afrta Aduli Literacy Education - Ratyiri Dlopment School Food Educatffi . Scholarnhlps UK AID Water- Well Drflling G•neral fvnd 8,027 185,206 16.000 4,870 3,000 9,500 15,000 4,000 11,500 5,000 4,517 16,100 6.027 165,206 16,iJOO 4.870 9.500 15.000 11,5C 5.000 4.517 16.100 Totsl 273 285 NET INCOMEIIEXPENDITURe) Tran81•rn b•twO fvnd• (20.) 7,745 112.951 > Not movffii•nt In fund• 7.918 (20.869) (12.951 > RECONCILIATION OF FUNDS Totsl funds brought foThvard 13,880 75.639 89,519 TOTAL FUNDS CARRIED FORWARD Page 11 continued...
TRANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 JUNE 2024 DEBTORS: AMOUNTS FALLING DUE THIN ONE YEAR 30.6.24 30.6.23 Gift Aid accnRd CREDITORS: AMOUNTS FALLING DUE THIN ONE YEAR 30.6.24 30.6.23 Trade ¢rerfitor5 Accruals and deferred InMe 23 2,196 10. MOVEMENT IN FUNDS Trnn8fors movement bgtween In funds lundg At 30.6.24 At 1.7.23 Unrestrlctsd fund8 General fund 21,798 (16.190) 16.840 Restrlcted funds Health - Agriculture Water- l+Vell Drilling Education- Intemational Butsary Health - Family Support Education- Ratyiri D8volopment Educatton- Build Clintc Aduli Llteracy Unallocated Funds Female Education Education - Scholarships Wells rehabilitation School Food Tallorlng Course 390 1125 {395) (7,73n 1.007 676 1.01 3,788 1N23 899 3.060 67 13.107 324 1060 67 13.092 3.319 15 (2,769) 998 (51 6.950 3,992 10.708 1,827 (2,325) (3,056) 11,311 1.600 3,626 1.112 5.000 3,327 176 {17,019) 526 TOTAL FUNDS Page 12 continued..,
TRANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS . ¢ontlnu•d FOR THE YEAR ENDED 30 JUNE 2024 10. MOVEMENT IN FUNDS - contlnu•d Net movement In funds, Included in the above are as foll(M8.' Incomlng ro$ourc08 Re8ource8 Movement oxpendod In fund8 Unr08tr1ctod lund8 General hJrKI 16,951 (31,141) 116,190) Ra8trletsd fund8 Health - Agricultura Water- Well Drilling Education - Intemational Bursary Health - Famity Support Eduratlon- Ratylrl Development Cllnic Adult Llter F•male EdUcaon Education - Scholar6hip8 Wèll8 rèhabilitation S¢hool Food Tailorlng Cour8e 4,105 10,270 4,307 3,676 6,000 20,016 12,231 676 3,744 148,448 (4,600) (18,007) 13,300) (3,11JO) (4000) {20,000) {15,000) (3.000) (6.800) 1136,137) 1396) {7,737 1,007 575 1,000 16 11769) 12,326) 13,068) 111 9.000 (7,600) 526 TOTAL FUND8 252 688) Page 13 continued...
TRANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 10. MOVEMENf IN FUNDS . contlnued Comparatlves lor movthnthrt In fvnd8 Transfer8 between fun movement In funds At 30.6.23 At 1.722 Unreslrfthd fund8 General fund 13.th) {20.PJ96) 28.614 21,798 Restrlcted funds Health- AgriCUre Vlater- Vkll Drilling E(luc4tion- Intemational &Jwsary Health - Famity Support Education- Ratyiri DeVelopnt Education - Buikl WASH Project Clinic (8.699) (1244) (1.020) 16.617 378 11,147 789 324 2.060 67 1.655 17.303 (17,303) 9.032 (7.320) 13.092 3.319 Literacy Unallocated Funds Female Education Education- Scholarsh¥ Gmng AfrKa UKAid Wells relBbllbtation School F<x)d TaikKing Course 9,155 {4,370) 4.370 8.275 5.291 18.413 4.531 5.740 (2.325) (1.299) (9.500) (2.622) 31.364 (2.226) 5.950 3.992 {8,913) (1.909) (26,) 10.708 1.827 TOTAL FUls Page 14 contlnued...
TrANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS - ¢ontinued FOR THE YEAR ENDED 30 JUNE 2024 10. MOVEMENT IN FUNDS - ¢ontlnu•d Comparative net rnovement in funds. Incl in the above are as follows: Incomlng resourc08 Re80urce8 expended Movement In fund8 Unrostrlcted fund8 General fund 11,7C (32.402) (20,) Re8trl¢tsd fund8 Health - Agricultsjre Watsr- y11 Drilling Education - Intemational Bursary Health - FarnY Support Educalion - Ratyiri Developrnent Clinic Adult Literacy Unallocated Funds Female Educ8tion Education - Scholarnhips Giving Africa UK Aid Wells rehabllitation School Food Tailoring Course 7,01)0 9,401 4,783 3,850 5,OlJO 25,032 7.703 {7.000) (16,1001 (6.0271 {4.870) {4.000) (16,0001 (15.023) (6.699) (1.244) (1.020) 1,000 9,032 (7.320) 675 3.701 (3.000) (s.000) (9,500) (4,517) (165.206) (17.042) (2,325) (1.299) (9.500} {2.622) 31,364 {2.226} 800 1,895 196,570 14,816 600 273,285 7,745 TOTAL FUNDS 12951> Page 15 conlinued...
TRANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 JUNE 2024 10. MOVEMeNT IN FUNDS - conllnuod A current ar 12 months ar#1 12 monts QJmbird positr as ft1. Tran8fer8 At 30.6.24 At 1.722 In funds funds Unre8trktsd funds General fvnd 13.879 {35.) Re8trletad funds Health - AgriCUre Water- Well DrtllirwJ Educats'on - Intemational Bursary Health - Family Support Education- Ratyiri De*ent Education- Bulld Mlcrocredit Sche WASH Project Clinic Adult Literacy Unallocated Fun Female Ethcation Education- ScholarshF Giving Afr UKAid Èlls rehabditation School Fwd Tailoring Courne (14,) {237) {445) 16,617 383 3,410 1,801 1.655 3.060 67 373 17.303 (373) (17,303) 9,047 (10,089) 13.107 1.548 10.153 (4,375) 4.370 8.275 5.291 18.413 4.531 5.740 (4.650) (4.355) (9.500) (2.622) 42.675 (T26) 3.625 1.112 176 (8,913) (1.909) {43,415) 5.000 3.327 2,500 8271 44.454 TOTAL FUNDS Page 16 continued,..
TRANSFORM BURKIMA NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THEYEAR ENDED 30JUNE 2024 10. MOVEMEKf IN FUNDS - contlnuod A rrent year 12 months arKI Prior year 12 montr CMbij rt movemthtt In furmds. indud•J in abo arn as follrm.. Ine¢)mlng regourcos Resources oxpendod Movement In funds Unrestrlthd fund• General fund 27.657 (63.543) (35.886) Rèstrlcled funds Health - Agriculture Water-111 Drilng Education - Intemational Bu Health- Family Support Education . Ratyiri De%Eiownent 11.105 19.671 9,090 7.525 10.OLKI 45,047 19,934 (11.500) (34,107) (9.327) (7.970) (8.000) (36,000) (30,023) (395) (14,436) (237) (4451 9,047 (10,089) Adult Llterac Unallocated Funds Fernaie Education Education - S¢hotatships Giving AfrKa UKAid Iklls rehabilitation School Food TailorirKJ Course 1.350 7.445 (6.000) (11,8) (9.500) (4.517) (300,343) (24,542) 1.100 (4,650) (4,355) (9.500) (2,622) 42.675 (726) 1.895 343.018 23,816 TOTAL FUNDS 530.657 558,272) 11. RELATED PARTY tXSCLOSURE8 There no rela paty transa(aiorts forthe lear end&J 30 June 2024 or 30 June 2023. 12. ULTIMATE CONTrOLLING PARTY The Charity 15 under the wntrd of its tr*teeS control tho over41 strakn and loNJ tem) direclion of the tharity. There is no 8ingie controlling party. Page 17
TrANSFORM BURKINA DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 30.6.24 30.6.23 INCOME AND ENDOWMENTS Donallon8 and legacle8 Donation8 Gift aid Grants 68,417 6,819 206,320 3,661 167 761 237,788 279,556 Othar tradlng aetlvllle8 Fundraising events 13,004 Inve81mfrnt Income Deposit account interest 103 178 Totsl In¢omlng rewur$ 237,921 292,738 EXPENOITURe Ra181ng donatlon• and1ogacle• Fwidralslng 5,508 Charltable actlvldes Wages Pension8 Telephone Postage arKI statEonery Third paty fees Intemats'onal tra1 Web$it8 General travel Consultancy Software and malntenance Grants to Instltutlon8 26.185 706 276 63 22,747 278 210 1,153 1,422 190 135 3,488 1,138 334 1MOO 1,017 260,868 299,163 8upport ¢o•ts Fln8nrA Bank charges 80 88 Gov•mane• ¢08ts Independent Examlner8 Fee 888 Total resouw*8 8xpendad Netexpgndlluro 12951) Th5$ page do&s not fom part of the statutory finan¢lal statements Page 18