Bumba Foundation
Charity no: 1145624
Report and Financial Statements for the year ended 31 March 2022
Page 1
Bumba Foundation
Contents
| Page | |
|---|---|
| Legal and administrative information | 2 |
| Report of the trustees | 3 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes forming part of the financial statements | 9-10 |
Page 2
Bumba Foundation
Legal and administrative information
Registration
Charity registration number 1145624
Trustees
Martin Tilbury (Chairman) Jane Hanson (Secretary) Wendy Solesbury MBE David Roberts James Purvis-Turton
Charity's principal address
Mr Martin Tilbury 40 Dane Road Sale Cheshire M33 7AR
Independent examiner
Ruth Gee 3 Dudley Court Carlton Rd Manchester M16 8DA
Bankers
Barclays Bank plc 164 Allerton Road Liverpool L18 2DU
Page 3
Trustees' Annual Report for the year ended 31 March 2022
Bumba Foundation
The Trustees present their annual report together with the charity's financial statements for the year ended 31 March 2022. Legal and administrative information set out on page 2 forms part of this report. The financial statements comply with the charity's constitution and the Statement of Recommended Practice: Accounting and Reporting by Charities 2005.
Structure, governance and management
The Bumba Foundation was established for education/training and the prevention or relief of poverty for charitable purposes by a Deed of Settlement dated 24 January 2012 and supported be a constitution which was adopted on the 04 October 2011 and amended on 24 January 2012. It is governed by a board of trustees who are each appointed for an indefinite period. Routine administration is carried out by the Secretary and Chairman, who informs and consults the other trustees regularly by email, letter and telephone. The board meets three times a year to review strategy, operational issues and financial performance.
If a board vacancy arises, it would be filled from a wide circle of active charity officers and trustees known to the existing trustees. New trustees are inducted into the organisation and its activities, policies and responsibilities, charity law and the organisation’s charity purposes.
Objectives and activities
The Trustees raise funds, hold the Trust Fund and the income therefrom on trust to apply them, at their absolute discretion, for the advancement of education, the promotion of good citizenship and civic responsibility and the advancement in life of young people so as to develop their full capacities and enable them to become responsible members of society and so that their conditions of life may be improved in Uganda and the North West of England with the aim to improve and increase community cohesion for the Public Benefit. They have power to retain the capital of the Trust and reasonable amounts of cash balances. They achieve their objectives by making grants to partner charitable organisations in Uganda and the North West of England (however currently this is only to organisations the Trustees have worked with in the past in Uganda).
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Bumba Foundation
Trustees' Annual Report for the year ended 31 March 2022
Challenges
The past year has been a challenging period for the charity with the covid pandemic increasing the needs in Uganda but also reducing some of the traditional fundraising methods we have used in the past. We have adapted well to these changes, and with lockdown restrictions easing in Uganda and the UK, we were able to implement our annual fundraising dinner and re-establish our schools’ operations in Uganda in the second half of the year.
The communities we work with in Uganda were already ranked as one of the poorest districts in Uganda with some of the highest levels of poverty, unemployment, low education quality and high levels of illiteracy (23.8% of children aged 10-17 years are illiterate), however the covid pandemic has increased these needs further with reduced family income. This has resulted in 40% of the population in the district not having the funds for food, medical support, soap, clothing or any other necessities of life and more than 19% of the whole population survive on just one meal a day.
Charity Focus:
With so many unmet needs in Uganda, we are continuously working with the local community to develop new projects that will utilise education to reduce poverty and increase community engagement. Any projects we undertake have to be cost effective, have maximum impact and have long-term sustainability. The focus has been on developing the infrastructure and conditions for the community to address needs, which has resulted in the creation and development of two community primary schools, two vocational skills centres and community WASH (Water, Sanitation and Hygiene) programmes
Achievements:
This year we have achieved a number of important milestones, which has included the charity celebrating its 10-year anniversary, raising over half a million pounds for projects in Uganda and educating over 10,000 young people and community members since we were established. To support the evaluation of our projects, we created a short documentary which explored the impact of the work and how the projects are meeting the charities objectives and increasing community sustainability.
With the lockdown restrictions in place at the beginning of the year, we focussed our work on expanding our agricultural training centre and implementing a community education program. The project built on the learning from previous pilots and the investment in the demonstration garden infrastructures, which enable us to upscale the community education. The community educators developed community gardens and over the year, delivered 143 workshops which educated 1,624 young people and community members. The peer education methodology has increased the community’s knowledge and value of home farming and the effective use of simple irrigation initiatives, which has increased crop yields and increased self-sustainability.
With the covid restrictions easing in the second half of the year, we reopened our community schools with additional investment to ensure the schools were covid secure and also invested in new washing and sanitation facilities at our community schools under our WASH programme.
Page 5
Bumba Foundation
Trustees' Annual Report for the year ended 31 March 2022
The Statement of Financial Activities is set out on page 6. The Trustees' policy is to raise funds to enable them to carry out their charitable programme and continue to support the schools in the future. Funds raised totalled £56,098 and resources expended totalled £54,165 resulting in net incoming resources of £1,933. There remains a cash balance of £13,530 at the end of the financial year. The trustees consider that it is prudent to retain a cash balance of no less than £2,000 so that they are always in a position to pay modest grants and to cover any unexpected expenses that might arise.
This report was approved by the Trustees on 29th June 2022 and signed on their behalf by:
Martin Tilbury Chairman
Page 6
Independent Examiner's Report to the Trustees of Bumba Foundation
Bumba Foundation
I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 6 to 9.
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 for this period under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under Section 145(2) 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(2)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the 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 a consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 Examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in, any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met: or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ruth Gee
Accounting For Artists
- 3, Dudley Court, Carlton Rd, Manchester, M16 8DA
28th June 2022
Page 7
Bumba Foundation
Statement of Financial Activities for the year ended 31 March 2022
| Note Incoming resources Incoming resources from generated funds 3 Voluntary income Donations Activities for generating funds Fundraising (Charity Dinner) Sponsorship Total incoming resources Resources expended 4 Charitable activities Uganda schools and education programme Documentary film project costs Fundraising events Governance costs Support costs Total resources expended Net incoming / (outgoing) resources Other recognised gains and losses Net movement in funds for the year Total funds brought forward Total funds at 31 March 2022 |
2022 £ 48,173 7,925 - |
2021 £ 44,863 - 5,650 |
|---|---|---|
| 56,098 | 50,513 | |
| 43,651 6,310 2,918 250 1,036 54,165 1,933 - 1,933 11,347 13,280 |
40,173 5,569 - 250 410 |
|
| 46,402 | ||
| 4,111 - |
||
| 4,111 7,236 |
||
| 11,347 |
The notes beginning on page 8 form part of these financial statements
Page 8
Bumba Foundation
Balance Sheet at 31 March 2022
Charity number 1145624
| Note Fixed assets Current assets Bank and cash balances Liabilities: amounts falling due within one year 6 Net current assets Net assets Unrestricted funds |
2022 £ - 13,530 13,530 (250) 13,280 13,280 13,280 |
2021 £ - |
|---|---|---|
| 11,597 | ||
| 11,597 (250) |
||
| 11,347 | ||
| 11,347 | ||
| 11,347 |
The notes beginning on page 8 form part of these financial statements
The financial statements were approved by the Trustees on 29th June 2022 and signed on their behalf by
Martin Tilbury Chairman
Page 9
Bumba Foundation
Notes to the financial statements for the year ended 31 March 2022
1 Accounting policies
(a) Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005.
(b) Fund accounting
The charity's funds are general funds and are available for use, at the Trustees' discretion, in furtherance of the charity's objects.
(c) Incoming resources
Donations are accounted for in the accounting period in which they are received.
(d) Resources expended
Grants are accounted for when they have been approved by the Trustees and any conditions attached have been satisfied. Costs are recognised when the related goods or services have been provided.
2 Taxation
The charity's income and gains are not liable to tax providing they are applied for charitable purposes.
3 Analysis of incoming resources
| Voluntary income Donations and Fundraising Donations from charitable trusts & foundations Activities for generating funds Corporate Sponsorship Annual charity dinner and fundraising events 4 Analysis of resources expended Charitable activities Monitoring and Evaluation Bumba Foundation Academy Mugiti Classroom Refurbishment Project Agricultural project and Apprentice Program WASH programme Sponsored Students and Operating costs Total Uganda schools and education programme |
2022 £ 14,173 34,000 48,173 - 7,925 7,925 2022 £ 7,827 - 27,960 3,000 4,864 43,651 |
2021 £ 23,363 21,500 |
|---|---|---|
| 44,863 | ||
| 5,650 - |
||
| 5,650 | ||
| 2021 £ 6,840 |
||
| 8,615 | ||
| 9,604 | ||
| - | ||
| 15,114 | ||
| 40,173 |
Page 10
Bumba Foundation
Notes to the financial statements for the year ended 31 March 2022
4 Analysis of resources expended - continued
| Documentary Film Project Fundraising costs Gala Dinner Governance costs Accountancy and independent examination Support costs Administration expenses Bank charges 5 Remuneration 6 Creditors: amounts falling due within one year Governance costs No Trustee received any remuneration from the charity during the year. |
2022 £ 6,310 2,918 250 |
2021 £ 5,569 |
|---|---|---|
| - | ||
| 250 | ||
| 671 365 1,036 2022 £ 250 |
- 410 |
|
| 410 | ||
| 2021 £ 250 |