Annual report & financial statements for the year ended 21 October 2025
## Contents
❶ Welcome .......................................................................................................... 1 ❷ Administrative information ............................................................................... 2 ❸ Structure, governance & management ............................................................. 3 ❹ Objectives & activities ...................................................................................... 4 ❺ Achievements & performance .......................................................................... 6 ❻ Financial review ................................................................................................ 8 ❼ Trustees’ declaration ...................................................................................... 11 ❽ Independent examiner’s report on the accounts ............................................ 12 ❾ Financial statements ....................................................................................... 14
Lilly Uganda **|** Annual report & financial statements 2024-25
## ❶
## Welcome
We are pleased to present our annual report and financial statements for Lilly Uganda.
Throughout the year Lilly Uganda has continued to support students in both Kampala through their education and has supported students in primary, secondary and further education.
During the year we also worked with the children and families in the programme to ensure that they have access to food, medical treatment and other basic necessities.
Through this annual report we hope to be able to tell you about what has been achieved in the year and our plans for the future. We also want to thank everyone involved in Lilly Uganda– as a small charity run entirely by volunteers we rely on everyone who has supported us along the way and are so pleased to have you all as part of the Lilly Family.
Aimee Perry & Charlotte Mihailovic
Founders of Lilly Uganda
page | 1
## ❷
## Administrative information
This document forms the trustees’ annual report and financial statements of the charity Lilly Uganda for the year ended 21 October 2025. Lilly Uganda registered as a charity in England and Wales on 19 May 2011 with registration number 1142006.
## Principle address
238 Worple Road Staines TW18 1HE
## Trustees
|Trustee Name|Office|Dates acted
_(if not for whole year)_||
|---|---|---|---|
|||||
|Mrs Aimee Perry|Chair|-|-|
|||||
|Mrs Charlotte Mihailovic|Treasurer|-|-|
|||||
|Miss Shirley Lunn|Secretary|-|Resigned 7thJuly 2025|
|||||
|Mr Oliver Lashbrook|-|-|-|
## Bankers
Barclays Bank 71 High Street Staines TW18 4PS
## Independent Examiner
Ms Martha Love
Lilly Uganda **|** Annual report & financial statements 2024-25
## ❸ Structure, governance & management
Lilly Uganda is governed by the conditions set out in the charity’s constitution adopted on 28 April 2011 which established Lilly Uganda as an unincorporated association. There have been three amendments to this constitution since its adoption following resolutions of the trustees and members at Special General Meetings on 17 April 2013, 3 October 2018 and 26th July 2021. The amendments were made to the wording of Lilly Uganda’s charitable objects to better reflect our on-going work. The most recent changes to the charity objects have been made to reflect the increasing support given to the Abato Foundation, Uganda.
## Trustees
The two founders of Lilly Uganda, Aimee Perry and Charlotte Mihailovic, became trustees of the charity on our registration and continued to serve as trustees throughout the 2024-25 financial year. Oliver Lashbrook and Shirley Lunn were reappointed for the 2024-25 financial year by the existing trustees. Shirley Lunn stepped down as a trustee in July 2025 and Lilly Uganda would like to thank her for her hard work and dedication over many years.
Trustees are appointed or reappointed annually at the annual general meeting and may also be appointed as necessary by the existing trustees. All trustees give their time voluntarily and receive no remuneration or other benefits for their work as trustees.
## Volunteers
Lilly Uganda is managed and operated entirely by volunteers, including the trustees and other individuals, and relies entirely upon these volunteers who give their time and enthusiasm so willingly. Without this valuable contribution, that allows us to direct our funds to achieving our charitable objects, we would not have achieved all that we have in this year. The trustees of Lilly Uganda wish to formally recognise and thank all of our volunteers for their time, expertise and energy.
## Partner Organisations
Lilly Uganda works to fulfil its objectives through collaboration with individuals and other organisations. We wish to take this opportunity to thank all of these organisations and individuals for their support and assistance throughout the year.
page | 3
## ❹ Objectives & activities
## Vision
Our vision is a Uganda where every child receives a full education, has a loving, caring home, is able to eat nutritious, healthy food and can access medical care whenever they need it.
## Mission
Our mission is to work with vulnerable children in Uganda to help them break the cycle of poverty. We do this through ensuring they gain a full and high standard of education and providing them with a safe and nurturing environment in which to live.
## Objects
Our objects, as set out in the charity’s constitution, are:
To advance the education of young people in the Lilly Uganda programme, through the provision of primary, secondary and further education or vocational training to further their development and enhance their employment opportunities.
To relieve the needs of young people in the Lilly Uganda programme by providing shelter, food and health care.
To advance the education, health and wellbeing of people in Mpigi by assisting in the provision of medical care, education and other needs that may arise.
## How we achieve these objects
During 2024-25 Lilly Uganda achieved these objectives through the support we provided to the children that take part in the Education Programme and the Family Support Programme. This included providing for their basic living, health and food needs and funding primary, secondary and further education.
Lilly Uganda **|** Annual report & financial statements 2024-25
## Public benefit
During the year Lilly Uganda has worked to provide public benefit through the relief and prevention of poverty in the ways described throughout this report and in the areas of health, education and the provision of shelter. In setting our programme each year the trustees have paid due regard to both the Charity Commission’s general guidance on public benefit and the guidance on the prevention or relief of poverty for the public benefit. The trustees always ensure that the programmes and projects we undertake are in line with our charitable objects and aims, central to which is our vision of relieving and preventing poverty through supporting the children that we work with in Uganda.
page | 5
## ❺ Achievements & performance
## In Uganda
Lilly Uganda has continued to fully fund the education and school requirements for 4 primary, 10 secondary and 13 further education students. It has been a joy to see these students continue to work hard and progress with their studies.
A few highlights from the year:
- Johnson completed his Primary leaving exams and began his first year of secondary school
- Arnold and Marina started in senior six and began studying towards their A-levels
- Swabrah graduated from Makerere University with a bachelor’s degree in accountancy
- Maureen completed her course in Industrial Art and Design
- Madina completed her course in tailoring and is now working as a seamstress for medical garments
- Katongale continued his master’s degree in economics
Throughout the year Lilly Uganda has also provided nutritious food packages to the children, as well as mosquito nets, hygiene products and funding for medical treatment. In addition, extra support has been provided where needed, for example helping with rent if families are unable to afford the cost of a reasonable home.
Lilly Uganda’s work with the Abato Foundation came to an end as responsibility for this was fully passed to the trust who have been funding this work over a number of years. Lilly Uganda continues to work closely to give advice and updates on Abato’s work with children in Mpigi, Uganda.
Lilly Uganda **|** Annual report & financial statements 2024-25
## In the United Kingdom
Lilly Uganda once again held the annual quiz night ‘It’s Quizmas’. Two events took place, with the quiz held both in person and separately online.
During the year Lilly Uganda was lucky enough to gain entries for the 2026-2029 London Marathons via the small charities ballot. Since the year end the first two runners have completed the Marathon cheered on by the Lilly Uganda team.
Throughout the year Lilly Uganda was supported by nearly 60 regular givers, many of whom also wrote to the children in the Lilly Uganda programmes. These regular givers have contributed massively to the charity over the years and their ongoing support is greatly appreciated in ensuring a stable source of funds to allow us to continue our commitment to the children.
page | 7
## ❻ Financial review
## Where the money comes from
The majority of our fundraising is made up of donations from supporters, including via grants, our sponsors and our annual programme of events. The amount and proportion of income from each source is presented below:
**----- Start of picture text -----**
In house events,
Trading,£56, 0% £1,102, 3%
Regular giving
£13,038, 33%
Total
Donations
£39,506
Individual
donations and
grants, £25,310,
64%
**----- End of picture text -----**
Lilly Uganda **|** Annual report & financial statements 2024-25
## Our 100% guarantee
Expenditure is divided into that spent on charitable activities (programmes and projects) and that spent on generating funds (administrative and operating costs).
Cost of generating funds
Cost of charitable activities £27,004 / 96% comprising all expenditure on our programme work in Uganda
£1,026 / 4% This is high in financial year 2024-25 due to paying for the two 2026 London Marathon entries. The income from the Marathon will be generated in 2026.
Lilly Uganda is able to ensure that 100% of public donations go directly to our programme work in Uganda. We can do this because of our small group of admin donors, who provide the funds to cover the administrative costs associated with our fundraising and operating the charity.
All public donations are placed into the programme fund or one of our project funds:
used entirely on our programme work in Uganda and can be used to support any of our Programme fund project work used for one of seven project areas (health and wellbeing, food, shelter and care, Project funds primary education, secondary education, further education, Abato)
All donations from our admin donors are placed in the general fund:
used to support any aspect of our work, including our projects and the cost General fund of operating the charity and administration
page | 9
## How the money is spent
Our programme spending comprises expenditure on each of our six project streams and payments made to transfer funds from the United Kingdom to Uganda. Spending in the year has decreased compared to the prior year as the Abato Foundation is now being funded directly by the Trust that was previously giving funds via Lilly Uganda. The breakdown of our programme spending is presented below:
**----- Start of picture text -----**
Transfer of funds to
projects, £633, 2%
Food, £4,664, 17%
Further Education,
£5,887, 22%
Health &
Wellbeing,
£1,328, 5%
£27,004
spent on supporting
our projects in
Uganda
Shelter & Care,
£4,607, 17%
Seocndary Education,
£7,391, 28%
Primary Education, £2,494,
9%
**----- End of picture text -----**
Lilly Uganda **|** Annual report & financial statements 2024-25
## Reserve policy
At the end of the 2024-25 financial year Lilly Uganda holds £42,789 as reserves. These funds are held in reserve to contribute towards:
- meeting future financial commitments, for example the increase in secondary school costs as more of the children move on to secondary school, further education costs for students wishing to study at university or vocational college
- covering unforeseen future costs that may arise, for example medical bills and increasing food and commodity prices
At present, we aim to hold at least £6,000 in reserves at the year-end for general purposes. The level of our reserves will be reviewed annually to ensure that we are holding an amount appropriate to meeting our expected future commitments.
## ❼ Trustees’ declaration
The trustees declare that they have approved the trustees’ report above.
**----- Start of picture text -----**
Signature
Full name Mrs Charlotte Jane Mihailovic
Position Treasurer
Date 10/07/2026
**----- End of picture text -----**
page | 11
## ❽
## Independent examiner’s report on the accounts
I report to the trustees and members of Lilly Uganda (registered charity number 1142006) on the accounts for the year ended 21 October 2025 which are set out on pages 14 to 21 .
## Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is need.
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 Commission (under section 145(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 a 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.
Lilly Uganda l Annual report & financial statements 2024-25
Independent examlnerfs statement
In connection with my examination, no matter has come to my attention:
111 which gives me reasonable cause to believe that in, any material respert, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act,.
to prepare accounts which accord with the accounts records and comply with the accounting requirements of the
Charities Act have not been met,. or
121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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page | 13
## ❾ Financial statements
Receipts and payments account for the year ended 21 October 2025
||_General_|_Programme_|_Project_|_Total_|_Total_|
|---|---|---|---|---|---|
||_fund_|_fund_|_funds_❿|_2024-25_|_2023-24_|
||_nearest £_|_nearest £_|_nearest £_|_nearest £_|_nearest £_|
|Receipts||||||
|_Voluntary receipts_||||||
|Regular giving|1,845|3,612|7,581|
13,038|13,322|
|Community, individuals and grants ❹|-|800|24,510|
25,310|17,275|
|Challenge events|-|-|-|
-|4,602|
|Gift aid|-|-|-|
-|-|
|_Activities for generating funds_||||
||
|Events❺|-|1,102|-|
1,102|1,773|
|Trading|-|56|-|
56|-|
|_Other receipts_||||
||
|Bank interest|530|-|-|
530|1,028|
|Total receipts|2,375|5,570|32,091|
40,036|38,000|
|Payments||||||
|_Cost of generating funds_||||||
|Cost of generating voluntary receipts❻|1,026|-|-|
1,026|634|
|Fundraising trading payments|-|-|-|
-|29|
|_Cost of charitable activities_||||
||
|Food|-|-|4,664|
4,664|5,955|
|Health and wellbeing❼a|-|-|1,328|
1,328|1,970|
|Shelter and care❼b|-|-|4,607|
4,607|4,570|
|Primary education❼c|-|-|2,494|
2,494|3,282|
|Secondary education❼d|-|-|7,391|
7,391|11,172|
|Further education ❼e|-|-|5,887|
5,887|7,087|
|Abato Foundation❽|-|-|-|-|13,998|
|Programme delivery❾|-|-|-|
-|2,045|
|Transfer of funds to projects|-|633|-|
633|744|
|Total payments|1,026|633|26,371|
28,030|51,486|
|Net receipts / (payments)|1,349|4,937|5,720|
12,006|(13,486)|
|Transfers between funds|(1,736)|(4,937)|6,673|
-|-|
|Total movement in funds|(387)|-|12,393|
12,006|(13,486)|
|Total funds brought forward|5,804|20,563|4,416|
30,783|44,268|
|Total funds carried forward|5,417|20,563|16,809|
42,789|30,783|
Lilly Uganda **|** Annual report & financial statements 2024-25
## Statement of assets and liabilities as at 21 October 2025
||_General_|_Programme_|_Project_|_Total_|_Total_|
|---|---|---|---|---|---|
||_fund_|_fund_|_funds_❿|_2024-25_|_2023-24_|
||_nearest £_|_nearest £_|_nearest £_|_nearest £_|_nearest £_|
|Cash Funds||||||
|Bank Current Account|882|-|16,809|
17,691|6,215|
|Bank Savings Account|4,317|20,477|-|
24,794|24,264|
|Petty Cash|218|86|-|
304|304|
|Total cash funds|5,417|20,563|16,809|
42,789|30,783|
|Other Assets||||||
|Inventory held for resale⓫||||60|82|
|Total other assets||||60|82|
The attached notes set out on page 16 to 21 form part of these financial statements.
The financial statements were approved and signed by the trustees on 10/07/2026.
**----- Start of picture text -----**
Signature
Full name Mrs Charlotte Jane Mihailovic Position Treasurer
**----- End of picture text -----**
page | 15
## Notes to the accounts
for the year ended 21 October 2025
## ❶ Basis of preparation
The financial statements of Lilly Uganda have been prepared in accordance with the Charity Commission’s guidance using the receipts and payments basis.
## ❷ Funds
The general fund is an unrestricted fund which is available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
The programme fund is a restricted fund comprised of all incoming resources that are restricted to being spent on our programme work but are not allocated to a specific project.
The project funds comprises restricted funds made up of donations given for a specific project as specified by the donor, these comprise seven funds restricted to spending on our seven project streams; food, health and wellbeing, shelter and care, primary education, secondary education, further education and the Abato Foundation.
## ❸ Transfer between funds
All expenditure relating to a specific project stream is made from the relevant project fund. This means that project funds may appear in deficit at the year-end where the expenditure exceeds the funds received that are restricted to this same specific project stream.
In order to more accurately show our financial position, and to reflect the fact that programme funds may be used across any of our project streams, a transfer is made at the year end from the programme fund into any project fund that is in deficit in order to remove this deficit. This represents funds from the programme fund being designated to a specific project stream based on the expenditure from each project stream during the year.
Lilly Uganda **|** Annual report & financial statements 2024-25
## ❹ Individual, community and grants voluntary receipts
The voluntary receipts from community, individual and school fundraising can be further divided as follows:
||_Total_|
|---|---|
||_2024-25_|
||_nearest £_|
|Individuals and community|1,010|
|Schools|-|
|Grants|24,300|
|Total receipts|25,310|
## ❺ Events fundraising
Events fundraising can be further divided as follows:
||_Total_|
|---|---|
||_2024-25_|
||_nearest £_|
|In house events|1,102|
|Supporter led events|-|
|Total receipts|1,102|
## ❻ Cost of generating voluntary receipts
Cost of generating voluntary receipts comprises all payments made in order to raise donations and includes the cost of our events, fundraising equipment, resources and literature produced. All payments of this type are made from the general fund.
||_Total_|
|---|---|
||_2024-25_|
||_nearest £_|
|Event running costs|1,026|
|Cost of fundraising equipment|-|
|Advertising and literature|-|
|Sponsor relations|-|
|General administrative costs|-|
|Total (payments)|1,026|
page | 17
## ❼ Cost of charitable activities
Cost of charitable activities comprises all payments made in undertaking our work in delivering Lilly Uganda's charitable objectives. Those payments made in relation to six of our seven project streams; health and wellbeing, shelter and care, primary education, secondary education and further education and Abato Foundation are further classified as follows:
## a. Health and wellbeing
|a. Health and wellbeing|||
|---|---|---|
||_Project_|_Total_|
||_funds_|_2024-25_|
||_nearest £_|_nearest £_|
|Medical costs|116|116|
|Personal requirements|753|753|
|Celebrations and trips|-|-|
|Other payments|459|459|
|Total (payments)|1,328|1,328|
## b. Shelter and care
|b. Shelter and care|||
|---|---|---|
||_Project_|_Total_|
||_funds_|_2024-25_|
||_nearest £_|_nearest £_|
|Rent|2,843|2,843|
|Boarding fees|1,764|1,764|
|Other payments|-|-|
|Total (payments)|4,607|4,607|
## c. Primary education
|c. Primary education|||
|---|---|---|
||_Project_|_Total_|
||_funds_|_2024-25_|
||_nearest £_|_nearest £_|
|Primary school fees|1,470|1,470|
|Other payments|1,024|1,024|
|Total (payments)|2,494|2,494|
Lilly Uganda **|** Annual report & financial statements 2024-25
## d. Secondary education
|d. Secondary education|||
|---|---|---|
||_Project_|_Total_|
||_funds_|_2024-25_|
||_nearest £_|_nearest £_|
|Secondary school fees|5,356|5,356|
|Other payments|2,035|2,035|
|Total (payments)|7,391|7,391|
## e. Further education
|e. Further education|||
|---|---|---|
||_Project_|_Total_|
||_funds_|_2024-25_|
||_nearest £_|_nearest £_|
|Further education fees|4,611|4,611|
|Other payments|1,276|1,276|
|Total (payments)|5,887|5,887|
## ❽ Abato Foundation
|❽Abato Foundation|||
|---|---|---|
||_Project_|_Total_|
||_funds_|_2024-25_|
||_nearest £_|_nearest £_|
|Abato school costs|-|-|
|Abato medical costs|-|-|
|Total (payments)|-|-|
## ❾ Programme Delivery
This comprises the costs associated with procuring and providing all resources to recipients. This includes the cost of transporting and storing goods, paying local individuals to monitor and guide the children and the expenses of UK volunteers travelling to Uganda.
page | 19
## ❿ Project funds
The project funds presented in the receipts and payments account is made up of seven restricted funds. The movements in these funds during the year were :
|these funds during the year were:|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||_Food_|_Health &_|_wellbeing_|_Shelter_|_and care_|_Primary_|_education_|_Secondary_|_education_|_Further_|_education_|_Abato_|_Foundation_|_Total_
_2024-25_|
||_nearest £_|_nearest £_||_nearest £_||_nearest £_||_nearest £_||_nearest £_||_nearest £_||_nearest £_|
|Receipts|||||||||||||||
|_Voluntary receipts_|||||||||||||||
|Regular giving|1,278|2,076||1,320||2,403|||504||-||-|7,581|
|Appeals and donations|-||30||-||180|12,300||12,000|||-|24,510|
|Sponsorship|-||-||-||-||-||-||-|-|
|Gift aid|-||-||-||-||-||-||-|-|
|_Activities for generating funds_|||||||||||||||
|Events|-||-||-||-||-||-||-|-|
|Trading|-||-||-||-||-||-||-|-|
|Total Receipts|1,278|2,106||1,320||2,583||12,804||12,000|||-|32,091|
|Payments|||||||||||||||
|_Cost of charitable activities_|||||||||||||||
|Food|4,664||-||-||-||-||-||-|4,664|
|Health and wellbeing|-|1,328|||-||-||-||-||-|1,328|
|Shelter and care|-||-|4,607|||-||-||-||-|4,607|
|Primary education|-||-||-|2,494|||-||-||-|2,494|
|Secondary education|-||-||-||-|7,391|||-||-|7,391|
|Further education|-||-||-||-||-|5,887|||-|5,887|
|Abato Foundation|-||-||-||-||-||-||-|-|
|Programme delivery|-||-||-||-||-||-||-|-|
|Transfer of funds to projects|-||-||-||-||-||-||-|-|
|Total Payments|4,663|1,328||4,607||2,494||7,391||5,887|||-|26,371|
|Net receipts / (payments)|(3,386)||778|(3,287)|||89|5,413||6,113|||-|5,720|
|Transfers between funds|3,386||-|3,287|||-||-||-||-|6,673|
|Total movement in funds|-||778||-||89|5,413||6,113|||-|12,393|
|Total funds brought forward|-|1,614|||-||-||-||-|2,802||4,416|
|Total funds carried forward|-|2,392|||-||89|5,413||6,113||2,802||16,809|
Lilly Uganda **|** Annual report & financial statements 2024-25
## ⓫ Valuation of inventory held for resale
Lilly Uganda raises funds from the sale to supporters of craft items purchased from local traders in Uganda. The cost of purchasing items for resale is recognised in full in the year in which purchase occurs, whilst income is recognised in the year that it is received.
Items unsold at the year-end are recognised in the statement of assets and liabilities and valued at cost . Income received from their sale will be recognised in future year accounts as they are sold.
page | 21
238 Worple Road, Staines, TW18 1HE
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