REGisfERED CHARrrY NUMBEIL. 1152451 REPORT OF THE TRU5fEES AND ANANCIAL sfATEMENTS FOR ThE YEAR ENDED JI DECEMBER 2024 FOR KIDS CLUB KAMPALA J W Hlnks LLP Chartered Accountants and Ststutory Auditors 19 Highfleld Road Edgbaston Birmlngham West Mldlands B15 38H
KIDS CLUB KAMPALA CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER Z024 Report ol the Trustees Report ol the Independent Audltors Statemert ol Flnanclal Actlvltles Balance Sheet Cash Flow Statement io Notes to the Cash Flow Statement li Notes to the Flnan¢lal Staternents 12 to 20
KIDS CLUB KAMPALA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DEMBER 2024 The trustees present their report with the financlal statements of the charity for the year ended 31 December 2024. The trustees have adopted the provislons of Accounting and Reporting by Charltles: Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the Finandal Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective l January 20191. The Trustees of Klds Club Kampala have pleasure in submitting the Report and Accounts for the perlod 1st January - 31st Dember 2024. OBJECTIVES AND AcfiviTIES Obieclive5 and alms Klds aub Kampala helps vulnerable thlldren in the slums of Uganda to survlve and to thrlve. Our mlsslon 15 to transform chlldren's 1Sves. empower communltles. and reduce poverty throughout East Afrlca. We do this by meetln8 chlldren's and familles. Immedlate need5 and strengthenin8 their futures through chlld protectlon, ac55 to education and famlly strengthenlng. Together, we can help more chlldren not lust sur¥lve, but thrive. KSds Club Kampala was founded In 2009 and works In partnershlp wlth Klds Club Kampala U8anda who passlonately lead and implement the projects whlch are a Ilfellne to so many vulnerable thildren and communltles. Klds Club Kampala has from Sts foundatlon been commuDIty-led and community4rlven. responding to the needs of the communty Sn a sustalnable, holistlc way. Over the past 15 years our work has grown sl8nlficantly, from feedin8 to skillln& from educatln8 to safeguardln& impactlng over 1.5 mllllon Ilves in a transfomiatSonal way. We envislon a world vthere every chlld has the opportunlty to reach thelr fvll potentSal. By remainlng thi1¢d and prlorftising the needs of the poorest, our vislon Is that by 2035 we VAII have made a tanglble Impact In over S milllon INes. Page I
KIDS CLUB KAMPAiA REPORT OF THE TRUSTEES FOR ThE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE Review of Project Artivitles All our programme5 have the needs of vulnerable children at thelr heart. Our three programme areas of Child Protectlon, Access to Education and Famlly Strengthening work together to provide a comprehensive, connerted model of care for vulnerable children and thelr families. This cohesion 15 one of our key strengths. and we ensure that all of our project5 at every level incorporate this approach to bring about lon8-term sustainable changes in thelr Ilves. Our local, community-ba5ed approach has bullt hlgh levels of trust and is key to the success of our programmes. We are committed to employing local people, Ilstening and adapting to the needs of chlldren and famllles, and empowerln8 community members in declsion making. Sustainabilty is key to creatlng long-lastln8 change and deepenlng our impact and we are embeddln8 sustslnabS11ty across all of our pro8rammes to reduce our envlronmental impact and operatlonal costs in the long term. In response to increased eases of thlld abandonment, abuse and neg5ert, our Chlld Protectlon Pro8ramme comblnes a range of targeted actlvlties for chlldren and teenagers, a communlty-based abuse preventlon approach, support with soclal justi cases, and an emergency response to safeguard children In Imminent danger that Includes alternatlve care provlslon. Edutatlon Is key to breakln8 the cycle of poverty, yet Blobally more than 64 million children of prSmary school age remaln out of school, leavln8 them wlthout basic Ilteracy and numeracy skllls. Our Attess to Educatlon Pro8ramme is addresslng this by providin8 free educatlon for vulnerable children from theSr early years of schoolSn& right through to universlty sponsorshlp. Our Farnlty Strengthenlfig Programme works hollstlcally to reduce poverty, vulnerablllty and unemployment across whole communltles, and economlcally empowers families wlth a su5taSnable income through vocational tralnin& buslness skllls and food securlty. There has been a si8nificant Impact on the lives of vulnerable chlldren and familles thanks to our work. In 2024, we: - Supported over 12,500 Individuals to move from survSvSng to thrivln8 - Provided 168,775 meals to hungry chlldren and familie5 Ran weekly Saturday Klds Clubs actlvities for over 9CrfI chlldren Responded to 84 emergency child protection and soclal justlce cases Empowered 146 women with vocatlonal skills In talloring and knitting Ran weekly glrls support group sesslons for 696 at-risk teenage girls Dlstributed 2721 packs of period products to 8Srls in need - Rescued IS new chlldren throu8h our Ewafe prolect Reintegrated 19 chlldren wSth lovin8 famllles Provlded free early years education to 98 children through our ECD classes - Sponsored 195 chlldren to go to school Empowered 12 young men wlth vocatlonal carpentry and business skllls Supported 8 families In need wlth Income Generating ActSvities {IGAsl Provided 64 teenagers with football coachln8 and 5kllls We're worklng to Increase both the depth and reach of our impact as we alm to scale up our pro8rammes over the coming years. 2025 sees the be8lnning of our partnership with the Mango Tree Trust, enablln8 US to expand our reach to new communitles In need and to Increase our collectlve Impaci. Thls Is a great opportunity to expand from our solld foundation and life chan8lng impact for even more vulnerable chlldren Ilvlng In Uganda, Kenya and Tanzanla that need our support. We are looking for4vard to seelng how this new partnershlp wlll expand our Impact and support for more vulnerable children across East Africa In the hardest to reach places. Page 2
KIDS CLUB KAMPALA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Flnancial review We are pleased to POrt that thls year our fundraislng was the most Successful to date and that during 2024 we ralsed over £1 million, which 15 an ambition we had held for a whlle. This year the total income ra15ed was £1,065.382 {2023: £666.0461. Our tsrget income the year was £690,080 and we are very pleased that we exceeded our target. Th15 success was due to the generosity of our donors and the fundraising efforts of our team and volunteer5, and also we received a slgnlficant legacy donatlon. Of the total Income ralsed, 93% came from donatlons and legacles, 6% came from charltable artivitles and less than 1% from investments. Ofthe totsl income, 48% was restrlcted and 52% was unrestricted income. Thls year our total expenditure was £803,91212023: £722,439). The planned expenditure for the year as Set by the Trustees was £676,879. Thls Is also our hlghest annual expendlture to date. The reason for this Increase In expenditure was malnly due to rlslng costs In Uganda, particularly associated with the costs of buildlng our new Skllllng Centre in Naguru slum communlty, alongside increased staffln8 costs In the UK. Of the total expendlture, over 98% of this was spent dlrectly on charitable artlvitles and 2% on generating funds. Reserves pollcv The re5eNes pollcy of Klds aub Kampala, as declded and voted on by the Trustees, Is to keep reserves of at least three months, runnin8 loperatlonall costs to enable core activitles to contlnue for three months should the charlty need to wlnd up operatlon5 completely, or should an unforeseen, 518nificant and temporary shortfall In income andlor cash flow occur. The reserves wlll be used where alternatlve sources of fundlng cannot be found in the time required. The target reserves flgure shall be set annually alongside approvlng the followln8 years, budget by the trustees. Thls will be calculated based on the months, runnlng costs. In Ilne with planned expenditure for the following year. The calculatlon5 used to agree three months, runnlng costs wlll be revlewed and a8reed by trustees at the same tlme and recorded for future reference. In 2024, our tar8et was to have reserves of three months, runnin8 Costs, calculated as £55,000 (2023: £55,otKIl. The total reserves at the end of 2024 were £327,554 with £117,385 unrestrirted reserves and £210,169 In restritted reserves. For 2025, the reserves target has been revlewed and set at £lOO,000 to reflect Increaslng costs of servSces and increased staff team and wage roll. Thls target will be revlewed every year by the trustees, based on what three month's runnlng costs is calculated to be, In Ilne wlth planned expenditure. sTrucruRE, GOVERNANCE AND MANAGEMENT Govemance The unincorporated charlty Is controlled by Its 8overnin8 documenl a deed of trust dated 17 June 2013 and amended on 30 Aprll 2016. The policy and operatlng declsloDS of the charlty rest wlth the Trustees vtho meet quarterly to monitor the artivitles of the Charltable Incorporated Or8anlsation ICIOI. The Trustees meet to dSscuss the progress of the organisation, Make Important declsions and plan for the future. New Trustees are recrulted and appointed by a majorlty of ex15tin8 Trustees. There were no new trustees appolnted durlng the year. In June, Sarah Be8g stepped down from belng a trustee after completln8 a tenn and we want to express our thanks for all her serrflce. Rlsk statement The Trustees have reviewed the rlsks to whlch a small charlty operating With few employees is exposed. Approprlate procedures are In place to identlfy, monltor and review these rlsks on a regular basis. The blggest rlsk to our fundralslng for 2025 remains the global Cost of Ilvlng. Negatlve impacts of this on the UK economv, coupled wwth a rlse in energy and food prices, could Subsequently impact the ability of donor5 to make donations, which vwuld adversely affect our ability to meet our income target for 2025. We have already seen the impatt of thi5 throughout 2024 with a reductlon In the availabillty of trusts and foundations funding for International charities, as they pivot funds to UK charlties battling the cost-of4iving crlsis. The cuts to USAID and UK Aid in early 2025 will also have a negative knock-on effect on the global fundraising landscape as more organlsation5 compete for a limlted pool of fundln8, coupled with an increase in demand for servi$ from the communlties we support. Page 3
KIDS CLUB KAMPALA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 1152451 Prlnclpal addre55 148 Witton Lodge Road Bimiln8ham 823 SAP Trustees G Moser P Buturo J Klpling O Du Croz S Be88 (resigned 30.6.241 R Read D P Moore L J Devine J Blsson Audl J W Hinks LLP Chartered Accountants and Statutory Audltors 19 Hlghfleld Road Edgbaston Blrmingham West Mldlands BIS 3BH Chlef Execuilve Offl O Barker-whlte SPEaAL THANKS On behalf of everyone at Klds Club Kèmpala, I would Ilke to say a very 5peclal thank you to everyone who 8enerously supported us In 2024. As an or8anlsatlon that relles 501ely on the 8ener051ty of other people, your support makes a bl8 dlfferen¢e and we really appreclate It. Every penny raised has had a blg Impact, and we are so pleased that this year we have been able to ralse more than ever before and to contlnue to help so many vulnerable chlldren and families In need throughout U8anda. Thank you also to everyone who 8ave up thelr tlme to support us this year. Whether that was through fundralsln& volunteerln& speaking on our behalf or spreadln8 the word about our work, It's people Ilke you that provlde brlghter fijtures for our communitles. Your dedicatlon creates opportunities forvulnerable people that are often left behind. Thank you. STATEMENT OF TRusfEES' RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the financial statements In accordance wlth appllcable law and Unlted Kingdom Accounting Standards Iunlted Klngdom Generally Accepted Accounting Praciicel. Page 4
KIDS KAMPALA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENT OF TRUSTEES, RESPON518ILITIES Th• In86$ arn respomlblo lor pr•parlng th• Ropurt Ol tho TnAtOo1 tho Ilnand•l rtjtomoryts In I¢1¢0 TAllh Ippllcable law and Uffilted Klngdom aunllng Standoids (Unltod Klnlldom G•1orallyAE¢8pt Accountlng PrnBIiMI. Thi law appllcablo to rha110 In England and Walq Iho Charflles Ad 2011, Chthty IA¢¢ounts ind Roportsl Hfjgulatloog 2D08 and thfr provwons ol tho trnsl d8ed roqu11 tho in1ste to proparn Ilnanclal Il•tem•nts lor 8èch flDantlal year vknlch • true and lalr vlew of the slate ol aflalrn ol Ihe chartty and ol tho Incomlny resourc&s and •ppllcatlon ot r8soui¢es, Incluolng the IncthnD and expendlture, ol Iho Gharlty lor thal portod. In prepaDY Ihos¥ Ilnanclal stst•Th•nts, the truste&J •re roqulrnd lo select 5ultsble accountlny pollclos aDd then apply Ihem COAslthnllr, bseThfO tho molhods and pilnElpl85 In tho Charlty SORP; mako ludg•ments and 05m31¢S that aro r¢3sonablo aNI pnonI. slaio whethfrr appllBablo accounting rtandard5 ha¥0 be•ft lollowod, to uy malorfal dopartures dhtlD$•d and explalned In tho ffinanclal slatomonts; preparo th8 Ilnanclal slatsments on tho golng concern It Is Inapprnprfal• to prwm• that the chaffty VMII conllnue In bune The tTUSte8s are responslblè tor keoplng propor 8¢rountlng records whl£h dlsclo$o wlth reasonable 3¢wracy al ony Ilme the flnanclal posltlon of tho chaty and to enabl8 them lo fjnsuro Ihat the flnanclal statomg01s comply wtlh the Charllles Act 2011, tho Chaty (Accounts and Reports) Regulalloni 2008 and the PTo¥lslonJ ol the Irust deed. They are also iesponslble loi salBguardlng the a558ts 01 tho olwlty and hen¢e lor tsklng reasonablg sleps IDI the pro¥&nllon and detection ol fraud and olher Irregul8rltl8L dol Approved by onler ol tho both o11n on.... d slBnod on Its bghall br. G Mo$•r. Trust8e P•Je5
REPORT OFTHE INDEPENDENT AUDITORS TO THE TRUSTEES OF KIDS CLUB KAMPALA Oplnlon We have audited the financial statements of Klds Club Kampala (the 'charity'l for the year ended 31 December 2024 which comprise the Statement of Financial Activitle5. the Balan 5heeL the Cash Flow Statement and notes to the flnanclal 5tstements, including a summary of Significant accounting policies. The tlnanclal reporting framework that has been applied in thelr preparation is appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practlcel. In our oplnlon the financlal statements: give a true and fair view of the state of the tharlty's affairs as at 31 Dernber 2024 and of its incoming resources and appllcatlon of resources, forthe year then ended; have been properly prepared In accordance wlth United ngdoffl Generally Accepted Accounting Practlce; and have been prepared in accordan with the requlrements of the Charities Att 2011. Basls for oplnlon We conducted our audit In accordance wlth Internatlonal Stsndards on Audltlng IUKI IISAS (UKII and appllcable law. Our responslbilities under those standards are further descrlbed in the Audltors, responsiblllties for the audit of the flnancial statements section of our report. We are Independent of the charity in accordance with the ethlcal requirements that are relevant to our audit of the fFnanclal statements in the UK, Including the FRC'S Ethical Standard, and we have fulfllled our other ethical responslblltties in accordance with these requlrements. We believe that the audit evldence we have obtalned Is sufflclent and approprlate to provSde a basss for our oplnlon. Concluslons relallnfjt to 8oln8 concern In audlting the financlal statements, we have concluded that the trustees, use of the 8olng concern basls of accountlng In the preparation of the finandal statements is approprlate. Based on the work we have performed, we have not identlfled any materlal uncertalntles relatSng to events or conditlons that, Indlvldually or collectlvely, may cast 518nificant doubt on the charlty's ablllty to continue 35 a goln8 concern for a perfod of at least twelve months from when the flnancial statements are authorlsed for Issue. Our responslbllltles and the responslbilltles of the trustees wlth respect to going concern are described In the relevant sectlons of th15 report. Other Informatlon The trustees are responsible for the other Informatlon. The other Infomiatlon comprises the Informatlon Included in the Annual Report, other than the financlal statements and our Report of the Independent Audltors thereon. Our opinion on the flnanclal statements does not cover the other Informatlon and, except to the extent othenNlse explicltly stated in our report, we do not express any form of assurance concluslon thereon. In connectlon with our audit of the flnancial statements, our responsiblllty Is to read the other Infomiatlon and, In doing so, consider whether the other Informatlon Is materially Inconsistent wlth the financlal statements or our knowled8e obtained In the audit or otherwise appears to be materially m15Stated. If we Identify such materlal Inconslstencles or apparent materfal misstatements, we are requSred to determlne whether thls gives rlse to a material misstatement In the financlal statements themselves. If, based on the work we have perfomed, we conclude that there is a materlal misstatement of this other Informatlon, we are requlred to report that fact. We have nothing to report In thls regard. Matters on whlth we are requlred to report by exception We have nothing to report in respect of the following matters where the Charitles (Accounts and Reports) Regulatlons 2008 requlres us to report to you if, In our opinion: the informatlon 8lven In the Report of the Trustees is Inconsistent In any materlal respert with the flnancial statements. or sufflcient accountlng records have not been kept; or the financial statements are not in agreement with the accounting records and returns; or we have not recelved all the information and explanations we require for our audit. Page 6
REPORT OF THE INDEPENDENT AUDITORS TO THE TRusfEES OF KIDS CLUB KAMPALA Responslbllltles of trurtees As explalned more fully Sn the Statement of Trustees, Responslbilities, the trustees are responsible for the preparation of the financlal statement5 whlch glve a true and falr vlew, and for such intemal control as the trustees determine Is necessary to enable the preparation of flnancial statements that are free from material misstatement, whether due to fraud or error. In preparing the financlal statements, the trustees are responsible for assessing the charity's abillty to contlnue as a golng concern, disclosing, as appllcable, matters related to golng concem and uslng the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Our responslbilities for the audit of the flnanclal statements We have been appointed a5 auditors under Section 144 of the Charltles Act 2011 and report In accordance with the Act and relevant regulations made or having effect thereunder. Our oblectlves are to obtaln reasonable assurance about whether the financlal statements as a whole are free from materlal .misstatement. whether due to fraud or error, and to issue a Report of the Independent Auditors that Includes our oplnlon. Reasonable assurance Is a hl8h level of a55urance. but is not a guarantee that an audit conducted in accordance with ISAS IUKI wlll always detect a materlal mls5tatement when It exSsts. Mlsstatements can ar15e from fraud or error and are con51dered materlal If, Indlvldually or In the aggregate, they could reasonably be expected to Influence the economlc declslons of users tsken on the basls of these flnanclal statements. The extent to whlch our procedures are capable of detectlng Irregularltles, includlng fraud 15 detalled below: Identlfylng and te5dn8 Journal entrles and the overall accountln8 records, in partlcular those that were sl8nlflcènt and unusual. Revlewln8 the flnanclal statement dlsclosures and determlnlng whether accounting pollcie5 have been appropriately applled. RevSewlng and challen8ln8 the assumptlons and judgements used by management In their slgnificant accountin8 estimates. - Asse55lng the extent of compliance, or lack of, with the relevant laws and regulations. - Testin8 key revenue Ilnes, in partlcular cut-off, for evldence of management bias. Obtalnin8 thlrd-party confirmatlon of materlal bank balances. Documenting and verlfylng all sl8nlflcant related party balances and transactlon5. Revlewlng documentatlon such as board minute5 for dlscusslons of irregularltle5 including fraud. A fvrther descrlptlon of our responslbilitles for the audlt of the finandal statements 15 located on the Flnanclal Reporting Councll's website at www.frc.or8.uk/auditorsresponslbllities. This descriptlon fornis part of our Report of the Independent Auditors. Us• of our report Thls report is made solely to the charlty'5 trustees, as a body, In accordance wlth Part 4 of the Chadtles (Accounts and Reports) Regulatlons 2008. Our audlt work has been undertaken so that we mlght state to the charity's trustees those matters we are requlred to state to them In an audltors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responslblllty to anyone other than the charity and the charity's trustees as a body, for our audbt work, for thls report, or for the oplnions we have formed. J W Hlnks LLP Chartered Accountants and Statutory Auditors 19 Hlghfield Road Edgbaston Birmlngham West Midlands B15 38H Page 7
KIDS CLUB KAMPALA STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unrestritted funds Restrlrted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacles 496236 490.131 986,367 588,332 Other trading activitles Investment income 51,552 5394 22,069 73,621 S,394 77,026 Total 553.182 512.200 L065,382 666,046 EXPENDITURE ON Charltable artlvltles Charltable actlvlties 255,327 548,585 803.912 722,439 NET INCOMVIEXPENDITURE) Transfers between funds 297,8SS (210,6911 {36,385) 210,691 261h70 (56,393) 12 Net movement In fund5 87,164 174.306 261,470 156,3931 RECONauATION OF FUNDS Totsl funds brought forward 302ZI 35A63 66,084 122,477 TOTAL FUNDS CARRIED FORWARD 117,385 210,169 327,554 66,084 The notes form part of these financlal statements Page 8
OSCLUB XAMPALA BALAMCE SHEET 31 DECEMBER 2024 2023 Tolal ds A•stslct•d lunds Total lyn Not CURREIIT ASSETS Deblor4 Cath at bank &id In Imod 10 3,155 124,693 5.311 204,858 2aM5 n,436 329,551 127,PA8 210,169 338.017 CREDITOILS Amounts lalllni du• *lihln oa• yai 11 (10,4631 110,4&8) 130,7971 MET CIJRAENT ASSETS 117,385 210,169 66,084 TOTAL ASSETS LESS CURIIEMT UABiufiES 117J85 210,169 327.554 60,084 NET ASSETS 117,385 210,169 327,554 66,084 FUNDS Unrestslcted lun R•51rfct•d lunds 12 117,3B5 210,169 30,221 35,863 TOTAL FUNDS 327,554 66,084 Tho flnonclal 8tal•ments w•ro apprnv•d by th• O01rf ol Trurt•M •nd authorlsod lor l&we on .......,.... W8r• slgned on Its bih•ll br. and O Mosoi. Tntsts• Th• lonA P•rt thewh#clal stslomonts Pwjo 9
KIDS CLUB KAMPALA CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash fl¢)ws from operdtlng activlties Cash generated from operations Interest paid 251,164 1443) 147,2541 15611 Net cash provlded byllused In) operatlng artlvltles 250,7ZI 147,8151 Cash Ilows from Investlng actlvltles Interest received 5,394 Net cash provlded by Investlng actlvltles 5,394 Change In cash and cash equlvalents In the reportlng perfod Cash and cash equlvalents at the beglnnln8 •Jf the reportlng p•rlod 256,115 147,127} 73A36 120,563 Cash and cath equlvalents at the end of the reportlng perfod 329,551 73A36 The notes form part ofthese financial statements Page 10
KIDS CWB KAMPALA NOTES TO THE CASH FLOW STATEMEKr FOR THE YEAR ENDED 31 DECEMBER 2024 RECONCIUATION OF NET INCOME/(EXPENDrruRE) TO NEf CASH FLOW FROM OPERATING AcnvmES 2024 2023 Net Income/lexpenditure} forthe reporting perfod las per the Statement of Flnancial Actlvltles) Adjustments for: Interest recelved Interest paid Decrease/lincrease) In debtors {Decrea5elncreaSe in creditors 261A70 156,393) {5,394) 16881 561 {15,IS9) 24,425 14,979 (20,334) Net cash provlded by/lused In) operatlons 251,164 147,254) ANALYSIS OF CHANGES IN NEf FUNDS At 1.1.24 Cash flow At 31.1124 Net $h Cash at bank and In hand 73A36 Z56,1 32951 73N36 256,115 329.551 Total 73N36 256,115 329,551 The notes form part of these financial ststements Page 11
KIDS CLUB KAMPALA NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POUCIES BASIS OF PREPARING THE FINANaAL STATEMEhrrs General Informatlon Kids Club Kampala Is a charity reglstered In England and Wales. The address of the charity's regIsted office is 148 Wltton Lodge Road, Birmingham, B23 SAP . Accountln8 conventlon The financial statements of the charity, whlth Is a public benefit entlty under FRS 102, have been prepared In accordance with the Charities SORP IFRS 1021 "Accountlng and Reportin8 by Charitles: Statement of Recommended Prnctlce appllcable to charltles preparlng thelr accounts In accordan with the Flnancial Reportln8 Standard appllcable in the United Kingdom and Republic of Ireland (FRS 102)" Flnancial Reportlng Stsndard 102 "The Flnancial Reporting Standard applicable in the UK and Republic of Ireland" and the Charitles Act 2011. The financlal statements have been prepared uslng the historlc cost conventlon and are presented In sterlln8 which is the functional currency of the charity, rounded to the nearest £1. The slgnificant accountlng pollces applled In the preparation of these financlal statements are set out below. These pollcles have been conslstently applied to all years presented unless otherwlse stated. GOING CONCERN The financial statements have been prepared on a going conrn basls ès the trustees belleve that no materlal uncertaSntles exlst. The trustees have consldered the level of fund5 held and the expected level of income and expendlture for 12 months from authorlslng these financial statements. The expected level of Income and expendItU Is sufflclent wlth the level of reserves for the charlty to able to continue as a goin8 concern. INCOME All Income Is recognised In the Statement of Flnanclal Attivities once the charlty has entltlement to the funds, It Is probable that the Income wlll be received and the amount can be measured reliablv. Donatlons {except In relatlon to le8adesl are accounted for when receivable. If there are conditlons attached to the donatSon and thls requlres a level of performance before entltlement can be obtalned then Income Is deferred untll those conditlons are fully met or the fulfilment of those conditions Is withln the control of the charlty and It Is probable that they wlll be fulfilled. Income from pecunlary legacles is recognlsed where grant of probate has been recelved and income from reslduary legacles is reco8nised where estate accounts have been flnalised. Income from wills or reversionary trusts of property Is not recogn15ed untll the lrfe Snterest has passed away and the property Sale is at an advanced stage. Income from all other legacles is only recognlsed where there is clear entitlement, the amount can be accurately measured and there reasonable probabllity of reIpt. The receipt of legacies Is considered probable when probate has been granted, It has been established that there are Sufficient net a55ets to pay the legacy and any conditlons attached to the legacy have been met or are underthe control of the charity. The charity recelves grants from other third parties in respect of Its activltles. Grant Income is recognised at fair value when the charity has entitlement after any perfomiance condltlons have been met, It Is probable that the Income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. The value for gifts in kind, donated services and donated facilities are estimated and Included in the period In whlch they are received. In accordance wlth Charities SORP IFRS 1021 general volunteer time is not recognlsed. EXPENDITURE Liabilitles are recognised as expenditure as soon as there is a legal or constructive obllgatlon committlng the charity to that expendlture. it 15 probable that a transfer of econornic benefits wlll 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 attrlbuted to particular headings they have been allocated to actlvltles on a basis conslstent with the use of sourCes. Page 12 contlnued...
KIDS CLUB KAMPALA NOTESTO THE FINANaAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLiaES- contlnued EXPENDITURE Expendlture on ralslng funds Includes expendlture incurred In raislng donatlons and legacles. Other tradlng actlvities and investment management Costs These costs are regarded a5 necessary to generate funds that are needed to finance tharltable actlvlties. CharStsble artivltles expendlture enables the charlty to meet Its tharitable aims and obJectlve5. Support costs a those that as51st with the work of the charSty but do not directly represent charitsble actlvltles and Indude office costs, governan costs and other adminlstrative costs. Grants offered subject to condltions whlch have not been met at the year end date are noted as a commitment but not accrued as expendlture. TAXATION The Char Is exempt from tax on Its tharltable actlvlties. FUND ACCOUNTING General funds are unrestrlrted funds whlch are avallable for use at the dlscretlon of the trustees In furtherance of the general objectlves of the charlty and whlch have not been deslgnated for other purposes. Designated funds comprlse unrestrlcted funds that have been set aside by the trustee5 for partlcular purposes. Restrlcted funds are funds whlch are to be used In accordance wlth specffic restrictlon5 imposed by donors or which have been raSsed by the charlty for partlcular purposes. The costs of raisin8 and èdmlnisterln8 such funds are char8ed a8alnst the speclfic fund. Further explanatlon of the nature and purpose of each fund Is Included In the notes to the financlal statements. FINANaAL INSTRUMENTS The charlty only has financlal assets and financlal Ilabllltles of a klnd that quallfy as basic flnanclal instruments. Baslc flnancSal Instruments are Inltlally reco8nlsed at transactlon value and subsequently measured at amortlsed cost. CRMCAL ACCOUNTING ESTIMATES AND JUDGEMENfs In the application of the charity's accountin8 pollcies, the trustees are requlred to make jud8ement5, estlmates and assumptlons about the carrylng amount of a55ets and liabllltles that are not readlly apparent from other sources. The estlmates and underlylng assumptlons are revlewed on an ongolng basls. Revlslon5 to accountSng estlmates are recognised In the period in whlch the estimate Is revised where the revlslon affects only that perfod or In the period of the revislon and future perlods where the revision affects both current and future periods. FOREIGN CURRENCIES Assets and liabilities in foreign currencies are translated into sterllng at the rates of exchange rullng at the balance sheet date. Transaetlons In foreign currencles are translated Into sterling at the rate of exchange rullng at the date of transactlon. Exthange dlfferences are tsken into account In arrfvlng at the operating result. PENSION cosrs AND OTHER posr-REllREMENT BENEFITS The charity operates a defined contribution pension scheme. Contributlons payable to the tharlty's penslon scheme are charged to the Statement of Financlal Activities In the period to which they relate. Pa8e 13 continued...
DS auB KAMPALA NOTES TO THE FINANCIAL sfATEMEKfs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 DONATION5 AND LEGACIES 2024 2023 Income tsx recoverable Donation5 Legacies Grants 64.661 327.679 417,186 176,841 108,308 344,798 135,226 986,367 588,332 Grants receNed, Sncluded In the above, are as follows: 2024 2023 Other grants 176.841 135,226 OTHER TRADING AcnvmES 2024 2023 Fundralsln8 events 73,621 77,026 INVESTMEKf INCOME 2024 2023 Interest Income 5,394 CHARITABLE ACTIVITIES cosrs Grant fundlng of attlvltles (see note 61 Support Costs (see note 71 Direct Costs Totals Charltable actfvltles 185A89 558,674 59.749 803,912 GRANTS PAYABLE 2024 2023 Charitable actfvltles 558,674 471,877 The Erants made to Kids aub Kampala are to the charlty's Ugandan partner organisatlon, a reglstered Ugandan NGO to provide education. basic needs and wider development help for the chlldren being supported a5 detailed in the Annual Report. Pa8e 14 contlnued...
KIDS CLUB KAMPALA NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DEmBEft 2024 SUPPORT COSTS Govemance costs Other Totals Charitable activitles 54,529 59,749 TRUSTEES. REMUNERATION AND BENEFITS There were no tru5tees' remuneratlon or other beneffts for the year ended 31 December 2024 nor for the year ended 31 December 2023. TRUSTEES, EXPENSES Relmbused trustees, expenses totalled £80 durln8 the year ended 31 December 2024 (2023: £nlll. 2024 2023 Wages and salarles Social securlty costs Other pen51on costs I617 10.175 8,287 176,106 10,322 8,430 180,029 194,858 The average monthly number of employees durlng the year was as follows: 2024 2023 Staff No employees recelved emoluments In exeess of £60,oIX). OEBTORS: AMOUNTS FALUNG DUE WIThIN ONE YEAR 2024 2023 Other debtors Prepayments and accrued Income 7,641 825 13,914 9,531 8866 23,445 Page 15 continued...
KIDS CLUB KAMPALA NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 ii. CREDrroRS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 Other creditors 10,463 30,797 MOVEMENT IN FUNDS Net movement in fund5 Transfers between funds At 31.12.24 At 1.1.24 Unrestrkted funds General Fund 30,221 297,855 1210,691) 117,385 Restrlrted funds Carpentry Project Early Education For All Projett Education Project Ewafe Projert School Sponsorshlp Community Kitchens Women'5 Initiatlves Safeguardlng Fund Naguru Educatlon Centre Legacy Fund (12,183) (11,799) (32.659) (38.038) (17.351) 6.750 13.672 181.9591 148,302) 185A84 12.183 11.799 32.659 36A25 16,980 1,613 371 6,750 17.935 4,263 29,616 52,343 48,302 185084 35,863 136,385) 210,691 210,169 TOTAL FUNDS 66,084 261A70 32754 Net movement In funds, Included In the above are as follovts: Incomlng resources Resources expended Movement In funds Unrestrfrted funds General Fund 553.182 (255A27) 297.855 Re5trlcted funds Carpentry Project Early Education For All Projert Educatlon Project Ewafe Project School Sponsorshlp Community Kitchens Women's Inltlatives Other Restrlcted Safeguardlng Fund Naguru Educatlon Centre Legacy Fund 5,290 36,528 117A73) (48327) (32W9) (166A32) (88241) (12,183) (11,799) (32,659) (38,038) (17,351) 6,750 128.294 7090 6,750 54W7 910 18WO 47 (40.915) (910) 1100.399) (53.139) 181.959) 148302) 185M4 512,200 1548.585) 136B851 TOTAL FUNDS 065,382 1803,912) 26L470 Page 16 contlnued.,.
KIDS CLUB KAMPALA NOTES TO THE FINANaAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 12. MOVEMENT IN FUNDS- continued Comparatlves for movement In funds Net movement In funds Transfers between fvnd5 At 31.12.23 At 1.1.23 Unrestrlcted fund5 General Fund 89,168 159,1531 206 30,221 Restrfrted fun(ts Carpentry Project Ewafe Project School Sponsorship Women's Inltlatlves Other Restrlcted Safe8uardSn8 Fund Skllllng Projects 661 (661) 1,613 477 4,526 17,0501 29,616 125,7611 1,613 371 4,263 1106) 12631 11001 7,150 29,616 25,498 263 33,309 2,760 1206) 35,863 TOTAL FUNDS 122,477 (56,3931 66,084 Comparatlve net movement In funds, Included Sn the above are as follows: Incomlng resources Resource5 expended Movement In funds Unrestrlcted funds General Fund 325,624 1384,7771 159,153) Restrlrted funds Carpentry Project Early Educatlon For All Project Educatlon Project Ewafe Project School Sponsorship Communty Kltchens Women's Initiatives Other Restrlcted Safeguardlng Fund Teens Project Football Project Skllllng Projects Educatlon- Gweneth Ewafe 1,000 11,843 20,716 159,287 63,179 105 27,601 11.6611 111,843) 120,716) 1157,6741 162,7021 11051 (23,0751 {7,0501 113,941) {646) 13,749) 133,250) 11,250) (6611 1,613 477 4,526 17,0501 29,616 43,557 3,749 7,489 1,250 125,761) 340,422 (337,6621 2,760 TOTAL FUND5 666,046 1722.4391 {56,3931 Page 17 ontlnued...
KIDS CLUB KAMPALA NOTES TO THE FINANCIAL sfATEMENTS- conllnued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS- eontinued A current year 12 months and prior year 12 months comblned position is as follows: Net movement In funds Transfers between funds At 31.12.24 At 1.1.23 Unrestrfrted funds General Fund 89,168 238,702 1210,4851 117,385 Restrfrted funds Carpentry Projert Early Educatlon For All Project Educatlon Project Ewafe Projert School Sponsorshlp Communlty Kltthens Women's Inltlatives Other Restrlcted Safeguarding Fund Sklllln8 Projects Na8uru Educatlon Centre Legacy Fund 661 (12,8441 111,7991 132,6591 136,4251 116,8741 6,750 18,198 {7,0501 {52,343) (25,761) 148,302} 185,484 12,183 11,799 32,659 36,425 16,874 6,750 17,935 1263) iioo) 52,343 263 48,302 7,150 25,498 185,484 33,309 133,6251 210,485 210,169 TOTAL FUNDS 122,477 205,077 327,554 Page 18 continued...
KIDS CLUB KAMPAiA NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS- ¢ontlnued A current year 12 months and prior year 12 months comblned net movement in funds, Included in the above are as follows: Incomlng resources Resources expended Movement In funds Unrestricted funds General Fund 878,806 1640,104) 238,702 Restrlrted funds Carpentry Prolert Early Educatlon For All Projert Education Project Ewafe Project School Sponsorship Communlty Kltchens Women's InStSatlves Other Restrlcted SafeguardSng Fund Teens Prolect Football Project Skllllng Projects Educatlon- Gweneth Ewafe Na8uru Educatlon Centre Legacy Fund 6,290 48,371 20,906 287,581 134,069 6,855 82,188 910 61,997 {19.1341 {60.1701 153.5651 1324.006} 1150,943) 1105) 163,9901 17.9601 (114,3401 112,8441 111,7991 132,659) 136.425) (16,8741 6.750 18,198 17,0501 152,3431 3,749 7,489 1,250 4,837 185,484 13,7491 133,2501 11,250) 153,139) 125,7611 {48,3021 185,484 852,622 (886,2471 133,625) TOTAL FUNDS 1,731,428 (1,526,351) 205,077 Restrlrted Fun Carpentry Project - to provlde youn8 people wlth carpentry skllls Edutatlon Projert - to provlde sthool educatlon for school-aged children Ewafe Project - a project to rescue children from abandonment and relntegrate them wlth famllles Safeguarding Project - safe spaces for children through the Ewafe, Saturday klds clubs, teens and football projects Saturday Kids aub Projert - a safe Spa for children to 80 on a Saturday away from the dangers of thelr slums School Sponsorshlp - to provlde school fees and support to school-aged children Supportlnz Sle Needs - provlsion of baslc sUPPOrt such as hy8iene products, clothes, shoes and food to vulnerable chlldren Teens Projert - counsellln8 and support for teenagers in the slum5 Football Projert - football training and support for chlldren in the slums Women's Initiatlves - to provide women with vocatSonal training Skllllng Project - fundlng the construction of a new vocational tralnin8 centre In Na8uru slum Other Projert - funds for monitoring and evaluation of the Ugandan programmes aguru Project - to fund an early years education ntre Community Kltthens Project - provlsion of meals for children durfng School holidays Le8acy Fund - the balance of a legacy reiVed durfn8 2024 Page 19 contlnued...
KIDS CLUB KAMPALA NOTES TO THE FINANCIAL STATEMEKfs- contlnued FOR THE YEAR ENDED 31 DEMBER 2024 13. EMPLOYEE BENEFrr OBUGATIONS During the year employers penslon costs totalling £8,287 (2023: £8,430) were payable to defined contrlbutlon personal penslon scheme5. No penslon contrlbutions were owlng at the balance sheet date (2023: £nill. RELATED PARTY DISCL05URES During the year the charlty receNed donatlons totallln8 £4,972 (2023: £21,772> from related partles Iwhlch Includes trustees, any other members of key management and anyone closely connerted to them}. Pa8e 20