2022-12-31-accounts

Cricket Builds Hope (“CBH”) (known as Rwanda Cricket Stadium Foundation (“RSCF”) until 2018) UK Registered Charity Number 1157287

Summary consolidated financial statements and Trustees’ Report for the year ended 31 December 2022

GROWING AND USING CRICKET TO BENEFIT COMMUNITIES IN RWANDA

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Contents

Legal and Administrative Information ........................................................................... 3 Structure, Governance & Management .......................................................................... 4 Activities and Achievements………………………………………………………………………..9 Financial Review………………………………………………………………………………………11 Risk Management…………………………………………………………………………………….12 Statement of Trustees’ Responsibilities ....................................................................... 14 Independent Examiner’s Report to the Trustees of Cricket Builds Hope ................. 15 Financial Statements ………………………………………………………………………………16

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Legal and Administrative Information

Reference and Administrative details

Registered Charity Number 1157287

Official Charity Address

Cricket Builds Hope 13 Cloudesley Square, London N1 0HT

Bankers

CAF Bank Limited (Charities Aid Foundation), 25 Kings Hill Avenue, West Malling, Kent, ME19 4JQ

Solicitors

Reed Smith, Broadgate Tower, 20 Primrose St, London EC2A 2RS

Historic transition from RCSF to Cricket Builds Hope

Once the initial objective of the Charity, namely the construction of the Stadium now known as the Gahanga Cricket Stadium (“the Stadium”) in Rwanda, had been completed, the Board of Trustees decided during 2018 to rebrand the Charity as CBH. This was to recognise the transition of the Charity’s focus from being a construction project to a social project with two aims: first, through its involvement with the Rwandan NGO now known as Gahanga Cricket Stadium (“GCS”) which is the leasehold owner of the land on which the Stadium has been built (see below), to oversee the ongoing operation of the Stadium, its use and future expansion to support Rwanda’s cricket development, and second, in its own name to develop and deliver programmes with partner organisations using cricket as a tool for social change. The transition to CBH officially took place in April 2018.

Objectives

The Charity’s purposes or objectives, in 2022 were:

• To promote community participation in healthy recreation for the benefit of the inhabitants of Rwanda by the provision of facilities for playing cricket.

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• In furtherance of the above objective, but not otherwise, to construct and manage, on a not-for-profit basis, the first dedicated cricket facility in Kigali, Rwanda.

• To include within the cricket facility and operate and/or manage (within and/or outside the facility) such other activities and facilities as the Charity Trustees may decide from time to time so that the playing and/or coaching of cricket will form part of a coordinated approach to challenges facing Rwandans relating in particular to reconciliation, health, education, gender equality, and the protection of children and vulnerable adults.

• To benefit Rwandans without distinction of gender, sexual orientation, race or of political, religious or other opinions, by associating together with the community and the local authorities, NGOs, voluntary and other organisations in a coordinated effort to overcome the said challenges.

In 2019 the Charity adopted the following as its Mission Statement -

“We use cricket and the spirit of the game as a tool for positive social change in Rwanda”.

Cricket Builds Hope harnesses the power of sport to promote reconciliation through social programmes. We integrate this incredible game with workshops that focus on equality, empowerment and social cohesion.

Structure, Governance & Management

Date of Registration – 3 June 2014

Type of Governing Document - Constitution (officially adopted 3 June 2014; amended on 6 February 2017 to revise objectives, on 11 April 2018 to show the change of name on and following a Board Resolution on 30 November 2021 to change provisions dealing with the terms of office of its Trustees)

How the Charity is constituted - Charitable Incorporated Organisation

Directors and Trustees

The Directors of the Charity Cricket Builds Hope (CBH) are its Trustees for the purpose of charity law. The Trustees of the Charity who were in office during the calendar year of 2022 were:

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Trustees in 2022

Richard Nicoll (Chair) (Appointed 18 September 2014) Alan Sendorek (Appointed 1 July 2014) Graeme Loten (Treasurer) (Appointed 30 May 2017) Amy Holmes (Appointed 26 September 2017) Albemarle Shale (Appointed 1 January 2018) Kevin Sinfield (Appointed 15 May 2018) Sophie Morrell (nee Langman) (Appointed 15 May 2018) Sarah Ludlow (Appointed 7 August 2019) Richard Jackson (Appointed 26 January 2020) Charlie Barlow (Appointed 25 February 2020) Shruti Saujani (Appointed 18 January 2022) Richard Meddelton (Appointed 29 March 2022)

A recruitment process underway at the end of 2021 resulted in Shruti Saujani and Richard Meddelton joining the Board during the first quarter of 2022.No members left the Board in 2022.

Trustee Selection Methods

Trustees are appointed or re-appointed by a resolution passed at a properly convened meeting of the Charity Trustees. In selecting individuals for appointment to the Board, the Charity Trustees have regard to the skills, knowledge and experience needed for the effective administration of the organisation, as well as the need for the Board to be as diverse and inclusive as possible. All Charity Trustees give their time voluntarily and receive no benefits from the Charity.

In September 2021 Trustees agreed a new policy by which in future they would serve terms of 4 years, being required to be re-appointed for further terms, with existing Trustees’ terms of service being deemed to end according to an agreed timetable over the next few years. Detailed wording to introduce this new policy into the Constitution was approved by the Board on 30 November 2021.

Trustee Induction Process

New Trustees are presented with a copy of the charity’s governing document, the latest Trustees’ Annual Report, a statement of accounts, a briefing note summarising the Charity’s background and current activities and the Charity Commission’s guide notes on Trustee responsibilities and code of conduct.

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Employees and Consultants

Following a recruitment process started in the final quarter of 2021, Will Hammond (“WH”) was appointed to the role of Director of CBH by a Contract of Employment dated 31 December 2021 with a start date of 7 February 2022. Initially this Contract committed the Director to working 3.5 hours a week for CBH and to spend part of his time in Rwanda and part in the UK. Apart from WH, no other staff were employed by CBH during 2022.

As well as the Trustees, the Trustees consider WH, the Country Manager and Interim Country Representative (when these posts were filled) as the Key Management Personnel.

Organisational Structure

CBH has a Board of Trustees which usually meets every alternate month and is responsible for the strategic direction and policy of the Charity. The Trustees are from a variety of professional backgrounds relevant to the work of the Charity. During 2022 these Trustee meetings alternated between in person and online but the schedule of meetings was respected in 2022. WH attended all Trustee meetings held in 2022 either in person or remotely.

Risks and Risk Management

The Trustees consider the various significant risks to which the Charity may be exposed and are confident that they have appropriate systems in place to mitigate these risks. Where appropriate, systems or procedures have been established to mitigate risks the Charity faces. Such procedures are periodically reviewed to ensure they continue to meet the needs of the Charity.

Related Parties

Gahanga Cricket Stadium (“GCS”) – until 2018 known as Rwanda Cricket Stadium Foundation, (Rwandan Registered Non-Governmental Organisation No 04/2012)

The Charity established and now works with a separate Rwandan entity, GCS, to deliver its objectives with relation to the Stadium itself. This entity was set up as a non-governmental organisation (NGO) in Rwanda as the operational or delivery agent of CBH and the Rwanda Cricket Association (“RCA”) and is registered as a

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national NGO in Rwanda. Its name was changed to Gahanga Cricket Stadium (“GCS”) in 2018.

As such GCS is legally entitled to own land in Rwanda and holds the leasehold title to the territory on which the Stadium was built, with the Government of Rwanda retaining the freehold. It was responsible for the construction of the Stadium and continues to be responsible for its maintenance and repair, as well as the management of the ground and its associated facilities.

In accordance with undertakings given in the Memorandum of Understanding initially signed with the RCA in 2013 and revised in 2017 (see below) the Charity has continued to make occasional payments to GCS. In 2022, instead of making direct financial payments CBH consented to GCS selling the tiling machines which had been used during the stadium construction and retaining all the proceeds.

In accordance with the MoU signed between CBH and RCA for the governance of GCS, CBH nominees currently hold the majority in the GCS’s General Assembly which in turn controls the appointment of GCS’s Executive Committee – see below for more information on this – and took an active role in all decisions relating to GCS during 2022. Following his employment as Director of CBH, WH became the Chair of GCS.

Rwanda Cricket Association (“RCA”)

The Charity has always worked closely with the RCA to deliver the ground and thereafter to manage its continuing use and maintenance. This relationship includes ongoing discussion on how the ground will be run and funded post-construction. The relationship between the two organisations is formally established under a Memorandum of Understanding initially signed in 2013.

During 2017 key terms of the Memorandum of Understanding dealing with the governance of GCS and the respective obligations of RCSF/CBH and the RCA in relation to funding and other matters were renegotiated and agreed in a new Agreement. At the same time, a Usage Agreement recording the rights and obligations of RCA to use the ground was negotiated and signed by RCA and GCS.

Relations remained close during 2022, with the level of activity at the Stadium increasing rapidly following the Covid pandemic and with CBH working closely with RCA on the Yorkshire Tea Programme (see later) and other cricket related activities. In his role as Chair of GCS, WH retained close working relations with the President of RCA and other RCA officials throughout 2022. This was particularly the case in relation to the funding provided by the Government of Rwanda for infrastructure improvements to the Stadium so that it could be used to host events related to the

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Commonwealth Heads of Government Meeting (“CHOGM”) held in Kigali during June 2022 (see later).

CBH’s Treasurer, Graeme Loten, managed the online banking of GCS during 2022.

Government of Rwanda, Ministry of Sports

The Charity is grateful to the Government of Rwanda, and particularly the Ministry of Sport (“MINISPORT” - formerly Ministry of Sports and Culture, MINISPOC) for their support of their work in Rwanda. The site of the ground has been leased to GCS by the Government of Rwanda for 30 years from 4 November 2014.

A 3-year tripartite agreement between MINISPORT, CBH and RCA had been signed in November 2020, giving official Rwandan Government approval of CBH’s activities in Rwanda and setting them in the context of the partnership with RCA and the Government’s own policies with regard to sport and especially cricket.

In 2020 CBH successfully registered as an international NGO with the Rwanda Governance Board; this registration has since been renewed and is next due for renewal in May 2024.

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Activities and Achievements

Cricket infrastructure

In partnership with the RCA and the Rwandan Government, CBH continued to maintain and develop the Gahanga Cricket Stadium. Using funding from the Rwandan Government, GCS built a second cricket pitch and upgraded the non-playing facilities, in preparation for a celebrity cricket match as part of CHOGM held in Kigali in June 2022. The new pitch complies with international standards, allowing more international as well as local league fixtures to be played at the Stadium, and also providing additional space for grassroots cricket.

The usage of the Stadium was particularly high in 2022, with it reportedly hosting the most international games of any venue in world cricket. This was partly due to the hosting of two T20 Men’s World Cup Qualifying Tournaments and the annual Women’s International ‘Kwibuka’ Tournament. Local league games also resumed after the disruption of the pandemic, and local children benefitted from weekend coaching sessions.

Social and cricket programmes

CBH continued to oversee the successful ‘Yorkshire Tea’ Programme, bringing cricket to three rural regions, based around tea estates (Pfunda, Nyabihu and Gisovu), which culminated in the Yorkshire Tea Cup at the Gahanga Stadium in October. By the end of the programme, over 1,000 children were playing cricket at least once a week, experiencing the benefits of organised sport such as increased

confidence and mental wellbeing. The programme also trained over 45 local teachers to become qualified cricket coaches. This, along with the RCA agreeing to continue to provide cricket development officers in each region beyond the formal end date, will ensure a long-term sustainable impact for the programme. Cricket tournaments in each region led up to the Yorkshire Tea Cup, with 192 boys and girls (under 14 and under 17) representing their tea estates.

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A Headteacher in Pfunda, stated:

“Cricket has changed a lot in our school, for the first time in my all life I have seen a game where boys and girls can play together without bullying each other and second thing it is a game that builds English capacity in our students because they always try to copy the new words they learned from cricket”.

The summer holidays also saw the return of the CBH Cricket Camps. These gave 60 local children (girls and boys) the chance to develop their skills while also benefitting from life skills workshops focussing on English language and sexual and reproductive health (“SRH”). The focus on SRH continued during the subsequent term, with a pilot for 60 other children at a local school. In partnership with local experts, the Health Development Initiative, this tackled key local issues such as teenage pregnancy and sexually transmitted infections, through workshops and educational cricket games. Engagement of participants was high, and their feedback suggested that information was being retained.

Finally, the Charity undertook a needs’ analysis and review of its previous Women’s Empowerment Programme, to inform an updated design of the intervention. This suggested that women in the area would benefit from support with entrepreneurship and income generation and sexual health knowledge alongside previous support to develop a leadership mindset and set goals. The programme is to be revised to address these needs before re-launching in 2023.

Fundraising, partnerships and events

CBH raised a total of £87,625 in 2022. The main sources of funding were:

• Donations from individuals: £10,948.

• Sponsorship: £46,250.

• Fundraising events: £5,864.

The events run through the year included a summer T20 Blast Game at the Kia Oval, supporters’ get together in the autumn and the annual CBH Carols Service in December.

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CBH also renewed its partnerships with Surrey County Cricket Club and entered a new partnership with Radley College.

Plans for Future Period

CBH agreed a refreshed organisational strategy for 2022-25, focussing on the key objectives of increasing the social impact of its programmes and improving the facilities at the Gahanga Stadium while ensuring its commercial sustainability. Specifically, it plans to continue with Cricket Camps and SRH programmes for children in Gahanga, while also relaunching its Women’s Empowerment Programme.

Financial Review

The Charity’s total income for the 12 months ended 31 December 2022 was £87,625 (compared to a pandemic-affected £63,705 in 2021). Of this figure £44,750 was received from Yorkshire Tea for the completion of the schools coaching programme in 3 Rwandan tea estates which they had sponsored and the associated Yorkshire Tea Cup tournament. Other amounts were received from regular donors and from fundraising events such as a charity day at Surrey Cricket Club and the annual carol service. Monthly payments of £1,250 were also deposited in CBH’s account by the company Ark Build to be transferred to GCS to cover the majority of its monthly salaries.

The Charity’s total expenditure for the year ended 31 December 2022 amounted to £89,110 (2021: £65,999). This was almost exclusively used for salaries and local costs in Rwanda, notably its regular payments to the RCA for the Yorkshire Tea programme and the transfer of Ark Build’s donations to GCS (see above).

Cricket Builds Hope therefore used £1,485 of its reserves to balance its expenditure with income.

At year end CBH had £82,493 in its accounts in the UK plus the equivalent of £13,666 in its foreign currency accounts in Rwanda. About one third of the charity’s total assets was earmarked for CBH’s commitments to programme activities.

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Risk management

As noted above, the Trustees regularly consider the various significant risks to which the Charity may be exposed and are confident that they have appropriate systems in place to mitigate these risks.

Rwanda continues to display the characteristics of an emerging market, but with a greater degree of security and less risk than many neighbouring countries in Africa. These characteristics include, but are not limited to, political uncertainty and macroeconomic vulnerability. Taxation and other legislation within Rwanda are subject to change and interpretation but have recently become more predictable and of an international standard.

Cash flow risk - the Trustees understand and accept there is a cash flow risk facing the Charity to meet all expenditure commitments. To mitigate this risk, the Treasurer prepares the following:

•  Annual cash flow forecasts in January each year.

 Updated cash flow forecasts based on actual cash and forecast cash flows which are prepared at least on a bi-monthly basis usually to coincide with Board meetings.  Regular reports to the Board of Trustees on the on-going cash position of the Charity.

Credit risk - this is deemed to be low-to-moderate. Cash is placed held in an account at CAF Bank, a reputable financial institution in the United Kingdom which specialises in keeping accounts in the charity sector. CBH tries to maintain sufficient funds in its UK account for at least 3-6 months of expenditure in accordance with standard practices. Funds held in CBH’s five bank accounts at the Bank of Kigali in Rwanda would typically only be enough for a few months’ operations, and increasingly some invoices raised in Rwanda by larger companies can be paid by bank transfer from the charity’s British bank accounts.

Property rights risk – it is the Rwandan NGO, GCS, which owns the cricket ground, and which bears any property rights risk within Rwanda. In the event that the ownership of the cricket ground changed, CBH might have to find an alternative venue for its activities but would not be directly impacted.

Foreign exchange risk - funds are being raised primarily in £ sterling and held in a £ sterling bank account in the UK (CAF Bank). Smaller balances are held in Rwandan Francs and in US$ in Rwanda. In 2022 the Charity did not incur any expenditure in any currency other than pounds sterling or Rwandan francs. Going forwards this is

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unlikely to change save for a limited number of invoices from international partners which are occasionally denominated in US dollars. However, payments are not generally made to any country other than the UK and Rwanda.

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Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations.

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under that law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently

• observe the methods and principles in the Charities SORP

• make judgments and estimates that are reasonable and prudent

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Signed on behalf of the Trustees

Richard Nicoll Chair and Trustee, 24th October 2023

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Independent Examiner’s Report to the Trustees of Cricket Builds Hope

I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2022, which are set out on pages 16 to 20.

Responsibilities and basis of report

As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the Charity’s Act 2011.

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Elizabeth Conder FCA

The Institute of Chartered Accountants in England & Wales Cambridge, CB2 1TL 30 October 2023

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Statement of financial activities	Statement of financial activities	Statement of financial activities
For	tPeriod ending 31 December 2022
			Year ended31 December 2022				Year ended31 December 2021
		Notes	Unrestricted Funds	Restricted Funds	Total		Unrestricted Funds	Restricted Funds	Total
			£	£	£		£	£	£
	Income
	Donations and legacies		10,966		10,966		15,090		15,090
	Grants			61,250	61,250		10,000	20,000	30,000
	CharitableActivities		15,075		15,075				0
	Other trading activities				0		3,607		3,607
	Other income				0			15,000	15,000
	Investment income		334		334		8		8
	Total income		26,375	61,250	87,625		28,705	35,000	63,705
	Expenditure
	Raisingfunds		5,222		5,222		1,454		1,454
	Charitable activities		46,721	37,086	83,807		25,000		25,000
	Depreciation				0				0
	Interestand other finance costs		81		81		72		72
	Total expenditure		52,024	37,086	89,110		26,526		26,526
	Surplus / (Deficit) before other gains and losses		(25,649)	24,164	(1,485)		2,179	35,000	37,179
	Gain on disposal of fixed assets
	Gain on investments
	Surplus before tax		(25,649)	24,164	(1,485)		2,179	35,000	37,179
	Taxation
	Total comprehensive income and expenditure for theyear		(25,649)	24,164	(1,485)		2,179	35,000	37,179
	Represented by:
	Restricted income and expenditure for theyear			24,164	24,164			35,000	35,000
	Unrestrictedincome and expenditurefor the year		(25,649)		(25,649)		2,179		2,179
			(25,649)	24,164	(1,485)		2,179	35,000	37,179
	All(deficit)/ surplus for theyear is attributable to the Charity
	All income and expenditure for theyear is attributable to the Charity
	All items of income and expenditurerelateto continuing activities

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Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet
For the year ended 31 December 2022
										At 31 December 2022		At 31 December 2021
								Notes
										£		£
	Non-current assets
	Intangible assets									0		0
	Fixed assets
	Non-current investments
	Debtors: amounts falling due after more than one year									-		-
										0		0
	Current assets
	Stock
	Trade and other receivables
	Cash and cash equivalents									95,907		97,392
										95,907		97,392
	Less: Creditors: amounts falling
	due within one year
	Net current assets									95,907		97,392
	Total assets less current liabilities									95,907		97,392
	Creditors: amounts falling due after more than one year
	Provisions
	Otherprovisions
	Total net assets									95,907		97,392
	Restricted reserves
	Income and expenditure reserve-restricted reserve									55,962		31,798
	Unrestricted reserves
	Income and expenditure reserve-unrestricted									39,945		65,594
	Total reserves									95,907		97,392

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 31 January 2023 and are hereby signed on behalf of the Trustees by:

Richard Nicoll Graeme Loten (Treasurer)

Date: 24th October 2023 Date: 24th October 2023

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Notes to the Financial Statements for the year ending 31 December 2022

Note 1. Accounting Policies

Basis of preparation

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2016.

The Trustees regularly review the strength of the financial position of the Charity and the financial statements are prepared on a going concern basis.

Incoming resources

The incoming resources are recognised on a receivables basis.

Resources expended

Expenditure has been charged to the Statement of Financial Activities on an accruals basis. Grants payable, which do not have any conditions attached, are accounted for in full as liabilities of the Charity when approved by the Trustees.

Fund accounting

The Charity has two types of funds, unrestricted funds and restricted funds. The former are designated by the donor for the use of the Charity but not restricted to a specific part of the project. The latter involves funds which are received from a donor for use in a specific programme and against a specific budget and objectives.

Cash flow statement

The Charity qualifies as a small entity. Consequently, the Charity has taken advantage of the exemption from preparing a cash flow statement under the terms of paragraph 1.12 of FRS102.

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Notes to the Financial Statements for the year ending 31 December 2022

Note 1. Accounting Policies continued

Share capital

CBH is a Charity limited by guarantee. According to the Articles of Association the liability of each member is a maximum of £1. During the period the Charity had no share capital.

Taxation

As a registered charity, Cricket Builds Hope is exempt from tax on income and profits applied for its charitable purposes.

Basis of consolidation & accounting period

The purpose of these summary consolidated financial statements is to provide stakeholders with financial information. The summary consolidated financial statements have been prepared under the historical cost convention. The preparation of financial statements requires management to make prudent estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of income and expenses during the reporting period, and the disclosure of contingent assets and liabilities. Actual results could differ from these estimates.

These summary consolidated financial statements reflect all transactions for the 12month period ending 31 December 2022.

Reporting currency

These summary consolidated financial statements have been stated in £ pounds sterling.

Cash and cash equivalents

Cash and cash equivalents comprise cash held in our CAF bank accounts in the UK plus small amounts of cash held in the Charity’s bank accounts in Rwanda used for day-to-day expenditure in Rwanda but no petty cash balances.

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Notes to the Financial Statements for the year ending 31 December 2022

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