Independent examiner's report to the trustees of the Bujagali Trust I report on the accounts of the Trust for the year ended 3181 December 2024. Respectlve responslblllties 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 year under section 14412) 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 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 14515}{b) of the 2011 Act., and to state whether particular matters have come to my attention. Ba818 of Independent examlner'8 8tatem8nt 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 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 maller has come to my attention.. which gives me reasonable cause to believe that in, any material respect. the requirernenls.. to keep accounting records in accordance with section 130 of the 2011 Act., and to prepare accounts which accord wilh the accounling 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. Name.. Sophie Williams Relevant professional body.. Association of Chartered Certified Accountants Address.. The Elms, Rockhampton, Berkeley, Glos. GL13 9DR Date.. 12th May 2025 The Bujagali Trust (Charity Number 1157222) Annual Report for year ending 31st December 2024 Trustees Kevin Rll8y- Chairman Barry Hollinghurst - Treasurer Elspeth Rlley Sandra Hollinghurst John Griffiths Nlgel Ri18y Huw Riley Tom Rllgy Bank HSBC Independent Examlner Sophle Wllliams The Elms Rockhampion Berkeley GIouc8St8rshire GL13 9DR Report of the Trustees For the year endlng 31st December 2024 The Iruslees pres8nl their annual report and financial statements for the period ending 31 st December 2024. The annual rept)rt and financial statements are prepared to comply with the Trust's goveming d¢xument, applicable law and the requirements of Ihe Charities Act 2011. Structure. governance and management The Trust Is administèred by eight trustees With usually four ordinary meetings in each year. At such meetings the trust8es review and plan the amount of grants available to be made for small educational projects (typlcally under £25.0001 in Uganda. The source of potential projects is through trusted contscts, our two educational ambassadors bas8d in Gulu and Kumi, vtho produce business plans for each school we support. These business plans sh¢)w fully costed prolect prlorltles and are reviewed by the Trust In the UK and through regular vlslts by the trust8es to Uganda. Charltable objects The object of thè Trust Is the promotlon ol education and tralning of young parsons up to thè ag8 of 30 from developing countries, and particular Uganda, in order to enable them to acquire those practical, business and academic skills. which may assist them lo improve their conditK)ns of life and well-being and those of their compatrlots and others. Summary of the maln actlvltles undertaken for the publlc benoflt In relatlon to these charltable objects The public benefit Is raised by gnabllng young people, prlmarlly in Uganda, to more readily galn educatlonal skills through the provision and enhanc8m8nt of school buildings and other scholasllc malerlals. Achlevements and perfomiance In 2024 As planned we commenced the building programme at Mama Ellsabeth's n8W Site to allow th8 school lo expand. The flrst key project was the installation of a new automated tK)rehole for the benefit of not just the school but also the local communlty who prevlously had to walk long dlslances to obtaln fresh water. We are very grateful to the Wilmslow Wells charity for funding this project. Construction of thè four classroom block including furniture completed by the end of the year., this was a significant achievernent to which we attrlbute great credit to our Ic¢al ambassador in Gulu ￿0 controlled and pushed through the work with groat enthuslasm. In Kumi provid8d the money for a photocopier lo be shared by our three schools, which will in particular facilltalè Ihe copying of past examination papérs so thai pupils can better prepare fly their important Year 7 national examinations. Future planning for 2025 The next phase of the construction programm8 al Mama Elisab8th will b8 to build glrl and boy school domiltoties., we intend to fund the girl dormitory in 2025 and the boy domittory the following year. A trust88 visII is planned for March 2025 and thls wlll further inform our future plans for the schcols. Donors The Trust would like to thank all the donors supported the Trusl in 2024. The Bujagali Trust Receipts and Payments Account Year ending 31 December 2024 Note 2024 2023 Recelpts Donations and fund raising Gift Aid received Other 44.046 2,784 213 47,043 28,836 2,753 31,589 Payments Educational proiects In Uganda Bank charges and other payments Governance paym8nt8 44,677 693 32,730 709 45,371 33,439 Surplus l (Deflclt) 1,672 (1,850) Statement of Assets and Llabilities Year endlng 31 December 2024 Noto 2024 2023 Cash Funds Opening bank balance Surplu5 1 {Deficlll In year Closlng Bank Balance Gfft aid claimable 2,996 1,672 4,668 3,645 8,313 4,846 (1,8501 2,996 2,137 5,133 Other Monetary A88et• Investment Assets Assets - Own Use Llabillties The Bujagali Trust Report on the Accounts Year ending 31 December 2024 The Bujagali Trust gènerated lolal receipts for the year of £47,04312023 £31,589). The majorfty of this incom comes from our regular donors who make monthly or annual contributions to the Trust. Paym8nts in the year mainly included £44,67712023 £32,730) for educational projects in Uganda as detai18d in the Not8s to the Accounts. The trustees incur r)0 govemance Gosls: for examp18, travel exp8ns8s. whether incurred in the UK or Uganda, are boms by ihe trust88s themselves. As receipts in the year exceeded payTnents by £1,672 cash funds incrèased from an opening balance of £2,996 to a closing balance of £4,668. Gift ald claimable al 31 Oecember 2024 from HMRC amountad to £3,545 (2023 £2,137) is for donations eligible for gift-aid in 2024. Barry Holllnghurst Treasurer Date: Kevin Riley Chairman Date. l o /Lt 12025 The Bujagali Trust Notes to the Accounts Year ending 31 December 2024 l The accounts are prepared on a receipts and payments basis, as allowed for charities with an income of less than £250,000 pér annum and gross assets not more than £3.26 million. 2 Educational projects in Uganda over the last eleven years, since the Bujagali Trust commenced as a new charity, total £337,696. The following table shows project expenditure by school by year.. In £ sterling 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Mama Elisabeth 41.398 1,338 Agolitom Okorom Kalengo Jinja Schools Total 1,093 1,093 1,093 31,392 51 44,677 32.730 40,622 27,676 24,407 36,029 37.897 25,000 35,867 28.587 4,204 337 696 7,664 22,478 2,276 32,908 5.198 1,000 7,677 6,668 17,100 17,431 16,057 2,204 116 071 2,276 14,213 20,829 18,855 7,500 3,300 8,175 2,900 4,600 5,540 8,135 4,675 46 4,395 2,000 A mr8 detailed analysis of project expenditure is shown on the following pag8, The Bujagali Trust - Project Timeline. Common Smaller Projects includes teacher training, Covid support. solar power in8tallations and sports equipment. In 2024 the break-down of £44,677 project exp8ndure is.. £30,388 Mama Elisabeth - new school classroom block and furniture £11,010 Mama Elisabeth - new automated borehole £3,279 Kumi Schools- new shared photocopying machine (RISO) kli! Iii EzzZzzcLz￿Z oz￿(nuzzzV Oz￿￿0￿ZzzL)-z￿1nUzzzZL).