REGISTERED COMPANY NUMBER: 07211780 (England and Wales) REGISTERED CHARITY NUMBER: 1136457
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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 2025
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Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Statement of Financial Position 8
Notes to the Financial Statements 9 to 14
Detailed Statement of Financial Activities 15
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TRANSFORM BURKINA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. 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).
About Transform Burkina
Transform Burkina was founded in 2010 in response to trustees' first-hand experience of poverty in Burkina Faso. Our mission is to work in partnership to give every life we touch, the opportunity to reach their full potential. We aim to achieve this through supporting the provision of high-quality projects to improve:
Education, skills and vocational training.
Health and nutrition.
Water supply and sanitation.
The ethos behind these is to empower the people of Burkina Faso to be able to continue to bless and influence the world through improved health, education and livelihoods. We also aim to raise people's awareness of the country and the benefits of its culture.
Objectives and activities
Objectives and aims
Our Objectives are:
a) To relieve sickness and financial hardship and to promote and preserve good health by the provision of goods and services of any kind in such parts of Burkina Faso or the World as the Trustees from time to time may think fit. b) To advance education in such parts of Burkina Faso or the World as the Trustees from time to time may think fit.
It is the Charity's aim to fulfil these objectives as a practical outworking of Christian faith-based values.
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TRANSFORM BURKINA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
Objectives and activities Significant activities Review of the year to June 2025
This has been another challenging year in Burkina Faso due to the ongoing security issues, with travel outside of Ouagadougou still prohibited for UK visitors. Education . With an estimated literacy level of 30% in Burkina Faso ( one of the lowest in the world ), we have continued our support for education. During the year we supported projects including: * Ongoing support for several students and the bursary scheme, linking individual children in Burkina 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 exclusively for girls. * Supporting a Tailoring project with 20 students, including giving tailoring kits to students once they'd completed their studies to establish themselves in business. + Supporting a literacy project in villages east of Ouagadougou in Zougou and Doundoudougeu resulting in 64 graduates in literacy, numeracy and basic business skills who are then helped to establish their own small agricultural businesses.
Water and sanitation We are continuing our work to provide more communities with access to clean, accessible water together with good sanitation and hygiene facilities and training, believing this should be a basic right for all.
Our major wells project is continuing with a total of 200 wells rehabilitated by the end of June 2025. This is providing clean water to approximately 80,000 people. The funding for this has been provided by working in partnership with CO2 Balance, a UK-based carbon trading company, who obtain carbon credits from the carbon that is saved by households not having to boil water to purify it.
Health Burkina Faso still faces major challenges in the health sector. Communicable diseases continue to be the primary cause of morbidity and mortality in the country, with malaria being the largest contributor to mortality for children under 5 years of age. In addition, Burkina Faso did not fully meet Millennium Development Goals in child mortality, maternal mortality and sanitation. We support the Bethanie Health Centre which is the only medical facility in a fast-growing informal settlement on the outskirts of Ouagadougou. Each year 8,000 people use the facility.
In the last year, we have continued to support the health centre by supplying new medical equipment and improved power supply. Agriculture Food supply is a key issue in Burkina Faso with 3.3 million of the population of 20 million facing acute food insecurity. We aim to work with local communities to give them the skills and tools necessary to establish their own small-scale agricultural projects and to help them develop ways of ensuring a more reliable and less seasonal water supply. During the year we supported projects including: + Providing funding for the Komsaya co-operative, who work with 7 local co-operatives on the outskirts of Ouagadougou. These co-operatives are often made up of internally displaced people, who have been forced to move to the capital from their home regions due to the security situation. Komsaya obtain land for each co-operative, create wells and then teach agricultural techniques for the members to be able to grow their own crops. * Providing agricultural ‘kits' to 20 students to enable them to start their own small businesses.
Organisational development
At the core of our work are our local partners, particularly AEAD, Komsaya and APENF, Burkina based NGO's.
Public benefit The United Nations, ranks Burkina Faso amongst the world's poorest five countries in terms of development. We seek to transform the lives of some of the very poorest people on our planet, but also aim to introduce people in the UK to the riches of Burkinabe culture and hospitality, believing Burkina Faso can be a blessing to the world.
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TRANSFORM BURKINA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
Financial review
Financial position
Total incoming resources for the year were £199,426 (2024: £237,921). We continued to receive income from CO2 Balance in respect of well rehabilitation projects, and in the year, this income totalled £90,186 (2024: £146,448). Additionally, the charity received income from other grants totalling £27,601 (2024: £21,313) and donations from churches and individuals of £77,413 (2024: £66,335). Gift aid income in the year totalled £4,107 (2024: £3,651). The trustees are enormously grateful to all who have supported our work financially and practically throughout the year.
Most of the income received by the charity is restricted to specific programmes. Income restricted to specific projects, operated via our partner organisations in Burkina Faso, totalled £175,635 (2024: £221,969). We provided grants to organisations of £130,686 (2024: £221,444). Details of these programmes, and the balances held at the end of the year, can be found in the notes to the accounts.
Total expenditure in the year was £166,073 (2024: £252,585) The decrease in amounts remitted is related to an adjustment made to remit an amount of £27,300 which was paid to a partner but had not been spent by that partner in accordance with the terms of the grant, and therefore is being recovered by Transform Burkina. More details can be found in note 11 to the financial statements. The remaining balance represents fundraising, administration and governance costs. As we have grown over recent years, the trustees aim to keep non-project costs to a minimum, helped by the fact that our trustees and volunteers offer their time and energy on a voluntary basis.
No report of money spent, facilities built, or equipment purchased can encapsulate the immense impact on people's lives that this provision brings, be it clean water, education, loans to start a small business or health & sanitation facilities. We, who have come to take these things for granted, cannot now imagine what life would be like without them. Supporting transformation “one life at a time” is why Transform Burkina exists, and we thank all our supporters and volunteers for their support, encouragement and prayers.
Reserves policy
The Trustees aim to hold sufficient unrestricted funds to cover three months of routine expenditure. At the year end, closing unrestricted reserves stood at £5,344 (2024: £22,448) which represents approximately 2 months of administration costs. The Trustees monitor the financial position, including reserves, at each of their regular meetings, and the reserves target is reviewed as part of the Risk Management review. All restricted, and any surplus unrestricted, funds are remitted to Burkina Faso as quickly as possible after receipt and in accordance with project plans and schedules.
Going concern
At the time of approving the financial statements the trustees have a reasonable expectation that the charity has adequate resources to continue in operation existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Future plans
In education we aim to:
¢ Maintain the bursary scheme
« Maintain our programme of teacher support
-
Continue our support for the Literacy projects and libraries in Zougou and Doundoudougou.
-
Continue providing 50,000 school meals a year
-
Continue our support of the girls education project
-
Continue our support the tailoring project
In water and sanitation we aim to:
We aim to rehabilitate more wells and ensure the sustainability of the current wells.
In health we aim to:
- Develop the Bethanie health centre further, enabling it to become an officially recognised health centre by the government in Burkina Faso which will lead to direct funding from the government for some services.
In agriculture we aim to:
¢ Continue funding of the Komsaya project
- Continue to fund the agricultural kits
In addition we will continue to support the capacity of both our and our partners’ organisational development through regular exchanges of ideas, further enhancements to reporting systems, monitoring and evaluation of projects etc. we aim to:
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TRANSFORM BURKINA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
Structure, governance and management
Governing document The charity is a company limited by guarantee and is controlled by its governing document, its Memorandum and Articles of Association. The company was registered on 1st April 2010 and the charity was registered in June of that year.
Organisational structure
The trustees meet at least 3 times a year as a full board. They also use regular telephone and internet conferencing to keep each other informed. Day to day management of the charity is undertaken by the Executive Officer.
Risk management . The trustees regularly review the potential risks faced by the charity using the risk register in place. They believe that adequate controls and procedures are in place to minimise these risks. The trustees are aware of their responsibilities and keep these issues under on-going review.
Organisational development
At the core of our work are our local partners, particularly AEAD and APENF, Burkina based NGO's, with whom we have worked with principally since our foundation.
Reference and administrative details Registered Company number 07211780 (England and Wales)
Registered Charity number 1136457
Registered office Union House 111 New Union Street Coventry CV1 2NT
Trustees Mr S Buwert Mr R W Mccullagh Mr C Richards Mr D J Smith (resigned 26.4.25) Mrs J M Walker Mrs J M West Miss C L Thomson (appointed 26.4.25)
Company Secretary
Mrs J M West
Independent Examiner
Ivan Shannon & Co 39 Church Street
Ballynahinch Northern Ireland BT24 8AF
Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
Events since the end of the year
Information relating to events since the end of the year is given in the notes to the financial statements.
Page 4
TRANSFORM BURKINA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on AS Mada 260 and signed on its behalf by:
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iRWikeaghcinees
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRANSFORM BURKINA
Independent examiner's report to the trustees of TRANSFORM BURKINA (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
| 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.
Kelly Gillespie FCA
The Institute of Chartered Accountants in Ireland
Ivan Shannon & Co 39 Church Street Ballynahinch Northern Ireland BT24 8AF
Date: _{8\08\rb -
Page 6
TRANSFORM BURKINA
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
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|||||||||
|---|---|---|---|---|---|---|---|
|30.6.25|30.6.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND ENDOWMENTS|FROM|
|Donations|and|legacies|24,297|175,010|199,307|237,768|
|Investment income|2|119|-|119|153|
|Total|24,416|175,010|199,426|237,921|
|EXPENDITURE ON|
|Raising|funds|480|-|480|7|
|Charitable|activities|
|Agriculture|-|4,000|4,000|4,500|
|Education|-|Bursaries|-|4,900|4,300|3,300|
|Wells|Rehabilitation|-|97,686|97,686|135,137|
|Clinic|-|9,200|9,200|20,000|
|Health|-|Family|Support|-|3,400|3,400|3,100|
|Female|Education|-|1,600|1,600|3,000|
|Adult|Literacy|-|8,500|8,500|15,000|
|Education|-|Ratyiri|Development|-|4,200|4,200|4,000|
|Schoo!|Food|-|(7,200)|(7,200)|7,500|
|Education|- Scholarships|-|2,500|2,500|6,800|
|Water|- Well|Drilling|-|-|-|18,000|
|General|fund|36,607|-|36,607|31,141|
|Tailoring|course|-|(800)|(800)|1,100|
|Komsaya|-|1,000|1,000|-|
|Total|37,087|128,986|166,073|252,585|
|NET INCOME/(EXPENDITURE)|(12,671)|46,024|33,353|(14,664)|
|Transfers|between|funds|9|(4,433)|4,433|:|:|
|Net movement|in|funds|(17,104)|50,457|33,353|(14,664)|
|RECONCILIATION OF|FUNDS|
|Total funds brought forward|22,448|39,456|61,904|76,568|
|TOTAL FUNDS CARRIED FORWARD|5,344|89,913|95,257|61,904|
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The notes form part of these financial statements
Page 7
TRANSFORM BURKINA (Registered number: 07211790)
STATEMENT OF FINANCIAL POSITION
30 JUNE 2025
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Unrestricted 30.6.25 30.6.24
fund Restricted Total Total
Notes £ funds£ funds£ funds£
CURRENT ASSETS
Debtors 7 4,484 35,496 39,980 8,573
Cash at bank 2,299 54,419 56,718 54,794
6,783 89,915 $6,698 63,367
CREDITORS
Amounts failing due within one year 8 (1,440) - (1,440) (1,463)
NET CURRENT ASSETS §,343 89,915 95,258 61,904
TOTAL ASSETS LESS CURRENT LIABILITIES 5,343 89,915 95,258 61,904
NET ASSETS 5,343 89,915 95,258 61,804
FUNDS 9
Unrestricted funds 5,343 22,448
Restricted funds 89,915 39,456
TOTAL FUNDS 95,258 61,904
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
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The financial statements were approved by the Board of Trustees and authorised for issue on nd & Mord. Vorb:
and were signed on its behalf by:
¢ ?
UMr RrodoweW Mccullagh- TrusteeCa> J
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The notes form part of these financial statements
Page 8
TRANSFORM BURKINA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. 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 payable are payments made to third parties in the furtherance of the charitable objects of the Trust. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Trust. Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty as to the timing of the grant or the amount of grant payable
Taxation
The charity is exempt from corporation 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.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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continued...
TRANSFORM BURKINA
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2025
- INVESTMENT INCOME
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30.6.25 30.6.24
£ £
Current account interest 119 153
NET INCOME/(EXPENDITURE) INCOME/(EXPENDITURE)
Net income/(expenditure) income/(expenditure) is stated stated after charging/(crediting): charging/(crediting):
30.6.25 30.6.24
: £ £
Independent Examiners Fee 1,440 1,650
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3. NET INCOME/(EXPENDITURE) INCOME/(EXPENDITURE)
Net income/(expenditure) income/(expenditure) is stated stated after charging/(crediting): charging/(crediting):
4. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees’ expenses
There were no_ trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
- STAFF COSTS
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||||||||
|---|---|---|---|---|---|---|
|30.6.25|30.6.24|
|£|£|
|Wages|and|salaries|21,118|25,185|
|Sccial|security|costs|3,678|-|
|Other pension|costs|1,424|756|
|26,220|25,941|
|The|average|monthly|number of employees during|the|year was|as follows:|
|Administrative|30.6.251|30.6.241|
|No employees|received|emoluments|in|excess|of £60,000.|
|6.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME AND ENDOWMENTS|FROM|
|Donations and|legacies|15,798|221,970|237,768|
|Investment income|153|-|153|
|Total|15,951|221,970|237,921|
|EXPENDITURE|ON|
|Raising|funds|-|7|7|
|Charitable|activities|
|Agriculture|-|4,500|4,500|
|Education|-|Bursaries|-|3,300|3,300|
|Wells|Rehabilitation|-|135,137|135,137|
|Page|10|continued...|
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‘
TRANSFORM BURKINA
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2025
| 6. | COMPARATIVES FORTHESTATEMENT OF FINANCIALACTIVITIES - continued | COMPARATIVES FORTHESTATEMENT OF FINANCIALACTIVITIES - continued | ||
|---|---|---|---|---|
| Unrestricted fund |
Restricted funds |
Total funds |
||
| £ | £ | £ | ||
| Clinic Health - FamilySupport Female Education Adult Literacy Education - Ratyiri Development Schoo! Food |
- - - - - - |
20,000 3,100 3,000 15,000 4,000 7,500 |
20,000 3,100 3,000 15,000 4,000 7,500 |
|
| Education - Scholarships | - | 6,800 | 6,800 | |
| Water-Well Drilling | - | 18,000 | 18,000 | |
| General fund | 31,141 | - | 31,141 | |
| Tailoring course | - | 1,100 | 1,100 | |
| Total | 31,141 | 221,444 | 252,585 | |
| NETINCOME/(EXPENDITURE) | (15,190) | 526 | (14,664) | |
| Transfers betweenfunds | 15,840 | (15,840) | - | |
| Netmovement infunds | 650 | (15,314) | (14,664) | |
| RECONCILIATION OF FUNDS | ||||
| Totalfunds broughtforward | 21,798 | 54,770 | 76,568 | |
| TOTALFUNDSCARRIEDFORWARD | 22,448 | 39,456 | 61,904 | |
| 7. | DEBTORS: AMOUNTS FALLING DUEWITHINONEYEAR | |||
| 30.6.25 | 30.6.24 | |||
| £ | £ | |||
| Grants repayable | 27,300 | - | ||
| GiftAid accrued | 12,680 | 8,573 | ||
| -39,980 | 8573 | |||
| 8. | CREDITORS:AMOUNTS FALLING DUEWITHIN ONEYEAR | |||
| 30.6.25 | 30.6.24 | |||
| £ | £ | |||
| Trade creditors | - | 23 | ||
| Accruals anddeferred income | 1,440 | 1,440 | ||
| 1,440 | 1,463 |
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continued...
,
TRANSFORM BURKINA
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2025
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||||||||||
|---|---|---|---|---|---|---|---|---|
|9.|MOVEMENT|IN|FUNDS|
|Net|Transfers|
|At|1.7.24|movementin|funds|betweenfunds|30.6.25At|
|£|£|£|£|
|Unrestricted|funds|
|General fund|22,447|(12,671)|(4,433)|5,343|
|Restricted|funds|
|Water - Well|Drilling|3,789|17,200|-|20,989|
|Education|-|International|Bursary|1,423|(1,514)|3,927|3,836|
|Health|- Family|Support|899|199|-|1,098|
|Education|-|Ratyiri|Development|3,060|800|-|3,860|
|Education|-|Build|67|-|-|67|
|Clinic|13,107|(9,200)|-|3,907|
|Adult|Literacy|1,548|(320)|880|2,108|
|Femate|Education|3,625|4,250|-|7,875|
|Education|- Scholarships|1,113|1,160|(176)|2,097|
|Wells|rehabilitation|5,000|10,827|(698)|15,129|
|School|Food|3,327|19,532|500|23,359|
|Tailoring Course|2,500|3,090|-|5,580|
|39,458|46,024|4,433|89,915|
|TOTAL FUNDS|61,805|33,353|-|95,258|
|Net movement|in|funds,|included|in the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General fund|24,416|(37,087)|(12,671)|
|Restricted|funds|
|Health|- Agriculture|4,000|(4,000)|-|
|Water - Well|Drilling|17,200|-|17,200|
|Education|-|International|Bursary|3,386|(4,900)|(1,514)|
|Health|- Family|Support|3,599|(3,400)|199|
|Education|-|Ratyiri|Development|5,000|(4,200)|800|
|Clinic|-|(9,200)|(9,200)|
|Adult|Literacy|8,180|(8,500)|(320)|
|Female|Education|5,850|(1,600)|4,250|
|Education|- Scholarships|3,660|(2,500)|1,160|
|Wells|rehabilitation|108,513|(97,686)|10,827|
|School|Food|12,332|7,200|19,532|
|Tailoring Course|2,280|800|3,090|
|Komsaya|1,000|(1,000)|:|
|175,010|(128,986)|46,024|
|TOTAL FUNDS|199,426|(166,073)|33,353|
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TRANSFORM BURKINA
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2025
9. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At 1.7.23|in funds|funds|30.6.24|
|£|£|£|£|
|Unrestricted|funds|
|General fund|21,798|(15,190)|15,840|22,448|
|Restricted|funds|
|Health|- Agriculture|390|(395)|~|5|-|
|Water|- Well|Drilling|11,525|(7,737)|-|3,788|
|Education|-|International|Bursary|411|1,007|5|1,423|
|Health|-|Family|Support|324|575|-|899|
|Education|-|Ratyiri|Development|2,060|1,000|-|3,060|
|Education|-|Build|67|-|-|67|
|Clinic|13,092|15|-|13,107|
|Adult Literacy|3,319|(2,769)|998|1,548|
|Unallocated|Funds|5|-|(5)|-|
|Female|Education|5,950|(2,325)|-|3,625|
|Education|- Scholarships|3,992|(3,056)|176|1,112|
|Wells|rehabilitation|10,708|11,311|(17,019)|5,000|
|School|Food|1,827|1,500|-|3,327|
|Tailoring Course|1,100|1,400|:|2,500|
|54,770|526|(15,840)|39,456|
|TOTAL FUNDS|76,568|(14,664)|-|61,904|
|Comparative|net movement movement|in|funds,|included|in|the|above|are|as follows: follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|15,951|(31,141)|(15,190)|
|Restricted|funds|
|Health|- Agriculture|4,105|(4,500)|(395)|
|Water - Well|Drilling|10,270|(18,007)|(7,737)|
|Education|-|International|Bursary|4,307|(3,300)|1,007|
|Health|-|Family|Support|3,675|(3,100)|575|
|Education|-|Ratyiri|Development|5,000|(4,000)|1,000|
|Clinic|20,015|(20,000)|15|
|Adult|Literacy|12,231|(15,000)|(2,769)|
|Female|Education|675|(3,000)|(2,325)|
|Education|-|Scholarships|3,744|(6,800)|(3,056)|
|Wells|rehabilitation|146,448|(135,137)|11,311|
|School|Food|9,000|(7,500)|1,500|
|Tailoring|Course|2,500|(1,100)|1,400|
|221,970|(221,444)|526|
|TOTAL FUNDS|237,921|(252,585)|(14,664)|
----- End of picture text -----
Comparative net movement movement in funds, included in the above are as follows: follows:
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continued...
TRANSFORM BURKINA
FORNOTES THE TO YEAR THE FINANCIALENDED 30 JUNESTATEMENTS2025 - continued
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025 or 30 June 2024.
- POST BALANCE SHEET EVENTS
Whilst undertaking a review of projects, the trustees identified some funds that had been provided to one partner had not been spent in accordance with the terms of the grant that was provided by Transform Burkina. Therefore, these amounts, totalling £27,300, are repayable by the partner organisation and are included within debtors in note 7 to the financial statements. The trustees are working to resend these funds to the impacted projects as soon as possible, whether through existing or new partner organisations.
- ULTIMATE CONTROLLING PARTY
The charity is under the control of its trustees who control the overall strategy and long term direction of the charity. There is no single controlling party.
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TRANSFORM BURKINA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
----- Start of picture text -----
||||||
|---|---|---|---|---|
|30.6.25|30.6.24|
|£|£|
|INCOME AND ENDOWMENTS|
|Donations and|legacies|
|Donations|77,415|66,356|
|Gift|aid|4,106|3,651|
|Grants|117,786|167,761|
|199,307|237,768|
|Investment|income|
|Current account|interest|119|153|
|Total|incoming|resources|199,426|237,921|
|EXPENDITURE|
|Raising|donations and|legacies|
|Fundraising|480|7|
|Charitable|activities|
|Wages|21,118|25,185|
|Social|security|3,678|-|
|Pensions|1,424|756|
|Telephone|310|276|
|Postage|and|stationery|-|63|
|Website|.|-|334|
|General|travel|581|-|
|Consultancy|5,200|1,800|
|Software and|maintenance|1,096|1,017|
|Grants|to|institutions|130,686|221,437|
|164,093|250,868|
|Support|costs|
|Finance|
|Bank charges|60|60|
|Governance|costs|
|Independent|Examiners Fee|1,440|1,650|
|Total|resources|expended|166,073|252,585|
|Net income/(expenditure)|33,353|(14,664)|
----- End of picture text -----
This page does not form part of the statutory financial statements
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