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2024-03-31-accounts

Gulu Mission Initiative (GMI UK) - Annual Report – 2023-2024

Registered Charity Number: 1136683

What a year it's been! With the challenges we had with the bank at the beginning of the year I wondered whether we would actually be able to do anything this year, but going back through all the activities and achievements there has been lots to celebrate and be thankful for.

Working alongside those in a different country and culture will always throw up unexpected challenges, but ones we have always risen too, worked out together and stood stronger and closer to each other as a result.

When you look back over the year you realise the impact on so many young lives through Bethel schools and Salem Vocational Training Centre (VTC), giving precious children and young people opportunities they may never have been able to have, it's incredible.

So, as you read through each month let's continue to pray for all the work that has been achieved, and what is to come.

November 2023

January 2024

March 2024

Activities between the end of our financial year and our AGM

April 2024

May 2024

June 2024

July 2024

August 2024

We said farewell to Drew Firth as our Trustee and welcomed Nessa Chilesea as the charities Social Media Manager.

September 2024

October 2024

November 2024

I wish to thank each and every person that has supported us through this year and that includes the trustees, members and supporters. I am incredibly grateful to you all for your time and commitment to Gulu Mission Initiative.

Together let's look forward to another year of building on what has been, and what is to come!

Helen Lock Chair, Gulu Mission Initiative November 2024

Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Charity Name
Receipts andpayments accounts
For the period
from
CC16a
1136683
01/04/2023
31/03/2024
Gulu Mission Initiative
Period start date
No (if any)
Period end date
To
~~ee ee ee ee_~~
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest
£
to the nearest to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations - Monthlysponsorship 6,815 - - 6,815 7,411
Donations - Other 9,755 - - 9,755 5,558
Income Tax Refundable(Gift Aid) - - - - 5,593
Grants - 2,000 - 2,000 3,215
Income relatingto Africa visits 6,646 - - 6,646 386
Bank Interest 18 - - 18 4
Bank Compensation 400 - - 400 -
- - - - -
Sub total(Gross income for AR) (Gross income for AR)23,634 2,000 - 25,634 22,167
A2 Asset and investment sales, (see
table).
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts
23,634
2,000
-
25,634
22,167
~~———————~~
A3 Payments
Bethel School Teachers Salaries 7,400 - - 7,400 7,400
Bethel High School Build - - - - -
School Equipment / Repairs - - - - 3,685
Contribution to vocational trainingcentre 9,300 - 9,300 4,615
Other contributions to the Gulu community 2,650 - 2,650 1,500
Visit of Rev Phoebe Obol to UK - - - 793
Bore Hole / Well Construction 4,500 - 4,500 -
Personal Sponsorship/Other 600 - - 600 1,600
Travel to & from Africa 6,267 2,000 - 8,267 250
Printing,Website etc 1,110 - - 1,110 583
Governance Costs 354 - - 354 354
**Sub total ** 32,181 2,000 - 34,181 20,780
A4 Asset and investment purchases,
(see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments
32,181
2,000
-
34,181
20,780
~~—————~~
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 8,547
-
-
- 8,547
1,387
-
- -
-
-
16,224
386
-
16,610
15,223
7,677
386
- 8,063
16,610
~~SSS45]~~
1,387
-
15,223
16,610

Section B Statement of assets and liabilities at the end of the period

Categories
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B1 Cash funds
B4 Assets retained for the
charity’s own use
Details
None
Details
None
None
None
Details
Details
Current Account (40788732)
Deposit Account (73556980)
Details
(agree balances with receipts and payments
account(s))
Total cash funds
Unrestricted
funds
to nearest £
5,673
2,004
-
7,677
OK
Unrestricted
funds
to nearest £
-
-
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Restricted
funds
to nearest £
386
-
-
386
OK
Restricted
funds
to nearest £
-
-
Cost (optional)
-
-
Cost (optional)
-
-
Amount due
(optional)
-
-
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
Current value
(optional)
-
-
Current value
(optional)
-
-
When due
(optional)
None -
-

Notes to the Accounts

Restricted Funds and other grants -

During 2023/2024, we received £2,000 from the Tabeel Trust to allow us to take someone to Uganda with the team to film a promotional video. This grant was fully spent during the year and we are very pleased with the outcome. We are immensely grateful to this organisation, along with numerous individuals, for their generous support.

In February 2023, Fiona Brind deposited £386 towards a trip planned for later that year, but now taking place in 2024. Gift Aid - During 2023/2024 a single Gift Aid claim was made, for £1,935, covering the year 2022/2023, but this was not received from HMRC until April 2024, so will appear in next year's accounts.

Reserves Policy - The trustees have agreed to keep in reserve a minimum of one quarter's committed payment to Bethel school in Uganda, i.e. £2,000, in reserve. This amount is held in the deposit account 73556980.

Audit Exemption - For the year ended 31st March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime within Part 15 of the Companies Act 2006.

These financial statements were approved by the Board on 10 September 2024 and were signed on their behalf by Mrs Helen Lock, their chairperson, and Mr Anthony John Hornsby, another trustee:

A.J. Hornsby
Signature
Helen Lock
Print Name
Mrs Helen Lock
Anthony John Hornsby
Date of
approval
Helen Lock Mrs Helen Lock 10/09/2024
A.J. Hornsby Anthony John Hornsby 10/09/2024

Inde endent Examiner re Report of the Independent Examiner to the Trustees of Gulu Mission Initiative On the accounts for the year ended March 31 St 2024 Respective responsibilities of Trustees and Examiner The Trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commissions (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of Independent Examiner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and the comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiners statement In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respects: accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed by the examiner: Date: 1011212024 Name: Malcolm Nicholas Address: 77 Fulmar Road, Porthcawl, CF36 3PW