## **Bumba Foundation** ## **Charity no: 1145624** # **Report and Financial Statements for the year ended 31 March 2024** **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 MBE (Chairman) Jane Hanson (Secretary) Wendy Solesbury MBE David Roberts (resigned 5th June 2023) James Purvis-Turton Dane Smith ## **Charity's principal address** Mr Martin Tilbury 40 Dane Road Sale Cheshire M33 7AR ## **Independent examiner** Ruth Gee 13 Arundel Street Glossop SK13 7AB ## **Bankers** Barclays Bank plc 164 Allerton Road Liverpool L18 2DU **Page 3** ## **Bumba Foundation** ## **Trustees' Annual Report for the year ended 31 March 2024** The Trustees present their annual report together with the charity's financial statements for the year ended 31 March 2024. 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). ## **Challenges** Uganda is one of poorest countries in the world, with only 62% of the population finishing primary school. The Bumba Foundation operates in Eastern Uganda with a focus in Budaka District, which is ranked as one of the poorer districts 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). This has resulted in the district being ranked only 76 out of 82 districts in terms of education quality in Uganda. The government statistics have highlighted that 31% of the Ugandan population is living below the minimum poverty scale of 3,000Ush a day (66p) and in the districts we are operating in, it’s even worse with 40% of the population not having the funds for food, medical support, soap, clothing or any other necessities of life. The impact of climate change is having a devastating impact on communities in Uganda with the traditional farming methods failing to support crops and leading to increased poverty. **Page 4** ## **Bumba Foundation** ## **Trustees' Annual Report for the year ended 31 March 2024** ## **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. To address the poverty challenges in Eastern Uganda and to fight famine, it is essential that the community can adapt to the changing environmental conditions/ droughts and gain appropriate education, skills and knowledge in sustainable home farming. To address these challenges, we are educating young people in agriculture which is a key element in making the transformational change required to achieve the long-term sustainability in reducing poverty and increasing community resilience to pandemics, environmental changes and instability. ## **Achievements** The Bumba Foundation continued to support our community school projects and vocational skills centres in Eastern Uganda, which supports over 2,000 young people and community members each year. The projects focus on providing access to quality education, improving health, sanitation and reducing poverty, whilst increasing community ownership. We have continued to strengthen our community ownership model, with the implementation of an advisory board and NGO in Uganda to support the management of the projects. The aim of the advisory board is to strengthen the management, business process and improve the educational quality within the local operations, with a focus on increased sustainability. The main investment over the past year has been in the refurbishment of the community school in Mugiti and the development of the agricultural training centre in Kachuru. Following the success of our first agricultural project and demonstration garden in Mugiti Village, we have created a new demonstration garden and training centre in Kachuru Village in Kiduka District. The demonstration garden is used to provide the practical training on improved innovations, irrigation systems and sustainability farming methods, to support individual and community knowledge. We have worked with a network of Women’s groups and targeted community youth projects, to deliver the training sessions to over 800 people. Sustainability is essential and through ongoing support, the trained young people will develop their own home-farming microsites, which will be use to peer educate other young people in their wider community. **Page 5** ## **Bumba Foundation** ## **Trustees' Annual Report for the year ended 31 March 2024** 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 £72,183 and resources expended totalled £66,922 resulting in net incoming resources of £5,261. There remains a cash balance of £12,590 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 24th September 2024 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 2024, 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: - (1) which gives me reasonable cause to believe that in, any material respect the requirements: - 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 Ltd** - 13 Arundel Street, Glossop, SK13 7AB **23rd September 2024** **Page 7** ## **Bumba Foundation** ## **Statement of Financial Activities for the year ended 31 March 2024** |**Note**
**Incoming resources**
**Incoming resources from generated funds**
**3**
_Voluntary income_
Donations
_Activities for generating funds_
Fundraising (Charity Dinner)
**Total incoming resources**
**Resources expended**
**4**
_Charitable activities_
Uganda schools and education programme
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 2024**|**2024**
**£**
67,350
4,833|**2023**
**£**
40,893
11,210| |---|---|---| ||72,183|52,103| ||62,557
3,872
250
243
66,922
5,261
-
5,261
7,079
12,340|53,632
4,033
250
389| |||58,304| |||(6,201)
-| |||(6,201)
13,280| |||7,079| **The notes beginning on page 9 form part of these financial statements** **Page 8** ## **Bumba Foundation** ## **Balance Sheet at 31 March 2024** ## **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**|**2024**
**£**
-
12,590
12,590
(250)
12,340
12,340
12,340|**2023**
**£**
-| |---|---|---| |||7,331| |||7,331
(250)| |||7,081| |||7,081| |||| |||7,079| ## **The notes beginning on page 9 form part of these financial statements** The financial statements were approved by the Trustees on 24th September 2024 and signed on their behalf by **Martin Tilbury** Chairman **Page 9** ## **Bumba Foundation** ## **Notes to the financial statements for the year ended 31 March 2024** ## **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
**alysis of resources expended**
**_Charitable activities_**
Monitoring and Evaluation
**_Kachuru Agricultural project and Apprentice Program_**
**_Mugiti Community School Refurbishment_**
**_Sponsored Students and Operating costs_**
**_Total Uganda schools and education programme_**|**2024**
**£**
19,449
47,901
67,350
-
4,832
4,832
**2024**
**£**
9,231
11,292
34,039
7,995
62,557|**2023**
**£**
11,043
29,850| |---|---|---| |||40,893| |||-
11,210| |||11,210| |||**2023**
**£**
7,140| |||38,518| |||-| |||7,974| |||| |||53,632| ## **4 Analysis of resources expended** **Page 10** ## **Bumba Foundation** ## **Notes to the financial statements for the year ended 31 March 2024** ## **4 Analysis of resources expended - continued** |**_Fundraising costs_**
Gala Dinner
**_Governance costs_**
Accountancy and independent examination
**_Support costs_**
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.|**2024**
**£**
3,872
250|**2023**
**£**
4,033| |---|---|---| |||| |||250| ||243
243
**2024**
**£**
250|389| |||389| |||**2023**
**£**
250|