Company registration number: 09110948 PLANTING FOR HOPE UGANDA Company Ilmlted by guarantee Unaudlted flnancial statements 31 July 2024 PLANTING FOR HOPE UGANDA Company limit8d by guarant08 Contents Paga Directors and other Informatlon Directors and trustees report Independent examin8rs report Statement of income and movement in funds ststemenl of flnancial posltion Notes to the financial statements 8-10 Appendlx A PLANTING FOR HOPE UGANDA Company limited by guarantee Directors and other Informatlon Dlrectors J Cartledge Dr C A Pannell E James K B Oakley E Simm J Smlth P Smith (Reslgned 12 July 20241 Company number 09110948 Regi8t6red offlce New Road Caunsall Kidderminster WorGestershire DY115YN Accountants S E Showell FMAAT The Old School St Johns Road Dudley Wast Mldlands DY2 7JT Page 1 PLANTING FOR HOPE UGANDA Company limited by guarantee Dlrectors and trustees report Year ended 31 July 2024 The directors present their report and the unaudited financial statements of the company for the year andad 31 July 2024. Dlrectors The directors who served the company durlng the year were as follows., J Cartledge Dr C A P8nnell E James K B Oakley E Simm J Smith P Smlth (Resigned 12 July 2024) Plantlng for Hope Uganda Objactlvés The preventlon or rellef of poverty, the relief of sickness and the preservation of health and to promote and advance educatlon In Kltitl specifically and Uganda generally in particular but not exclusively by,. -providing grants, Items and servlces to indivlduals In need andlor charities, or other organisations working to prevent or relieve poverty- the provision of a weekly health clinic and free medicine - increasing skills of people in such a way that they are better able to.identify, and help meet their needs more sustainably and to participate more fully in society- improvlng educational opportunities for Children. {Charity Commission 2015). Tlie charity carrles out thls work by d6velopSng and supportln9 Cornerstone School {whlch they now own). and a Women's Co-operative. Membership of the cooperative is open to all, but requires a willingness to work and share. Prospective members are intervlewed by a committee of the women's cooperative and appointed on merit. The Uganda and UK directors facilltale the women's running of the cooperative and the charity provldes them with land and essentlal equSpmanl, tools and seeds. The women choose what to plant and what to do with the produce. It is the women of th6 cooperative who bring to the attention of the directors the elderly and needy of the village, and it was at at their request that a clinlc was provided and Dr Baker appointed. If there are any disputes within the village that cannot be solved by the villag6 commlltee or the cooperative, they wlll come to the Ugandan director for arbitration. The trustees raport: The Directors and Trustees report is shown at Appendix A, Small company provisions This report has been prepared in accordance with tho provisions applicable to corllpanies entitled to Ihe small companles exernption. Page 2 PLANTING FOR HOPE UGANDA Company Ilmlted by guaranlee Dlrectors and trustees report Year ended 31 July 2024 This report was approved by the board of directors on 29 April 2025 and slgned on behalf of the board by: K B Oakley Dlr8Ctor E Slmm Director 1(6mY Page 3 PLANTING FOR HOPE UGANDA Company limited by guarant80 Indep8ndent gxamlners report to tho board of dlrectors and trustees on the preparation of the unaudited statutory financlal Statements of PLANTING FOR HOPE UGANDA Year ended 31 July 2024 I report to the charity trustees on my examinatlon of the accounts of the Company for the year ended 31 July 2024. Responslbllltle8 and basls of report As the trustees of the Company (and also its directors for tho purposes of company law) you are responsible for the preparation of the accounts in accordance with the requlrements of the Charltles Act 2011 (the Charitles Act) and the Companles Act 2006, The charlty's trustees consider that an audlt is not required for thls year under section 144 of the Charlties Act 2011 and that an independent examlatlon 18 needed. It Is my responsibility to,, examlne the accounts under section 145 of the Charitles Act, .to follow tha procedures lald down In tha ganeral Directlons given by the Charity Commisslon under seotion 145{5)(b) of th8 Charitles Act, and .to state whether partlcular matters havo come to my attentlon. Indapandant axamlnar's statament I have completed my examlnatlon, I can confirm that no materlal matters have come to my attention In connection with the 8xaminatlon giving m8 cause to believe that In any material respecl: 1. accounting records were not kept as required by section 388 of the 2006 Act and $6Ctlon 130 of the Charitles Act,, 2. the accounts do not accord wlth those records. 3. the accounts do not comply with the accounting requirement8 of sectlon 398 of tho 2006 Act other than any requirement thal the accounts give a 'lrue and fair vlew, which is not a matter ¢onsidered as parl of an Independent examination., 4, the acoounts have not be&n prepared in accordance with the methods and principles of the Statement of Recommended Practlce for accounting and r8porting charities. I have no conGerns and have come across no other matter8 in connection with the examination lo which attention ghould be drawn in this report in order to enable a proper understanding of the accounts to be reached. SES owe I FMAAT Fellow Member of the Association of Accountlng Technlcians The Old School St Johns Road Dudley West Midlands DY2 7JT 29 Aprll 2025 Page 4 PLANTING FOR HOPE UGANDA Company limited by guarantee Statement of Income and movement In funds Year ended 31 July 2024 2024 2023 Nota Income Exp8ndlture 73,714 (65,0121 8,702 46,075 (65,267) Surplus {19,192) Admlnlstratlve expenses (1,245) {2,117) (21,309) {DoflGIt)ISurplus 7,457 (D6ficit)ISurplu8 before taxatlon 7,457 {21,309) Taxatlon (Deflclt}ISurplu8 for the flnancial year 7,457 (21,309) Total funds at the start of tha year Total fund8 at the end of the year 19,070 40,379 26,527 19,070 All the actlvltles of the company arè from continuing operations. The notes on pages 8 to 10 form part of these financial stataments. Page 5 PLANTING foR HOPE UGANDA Company limited by guarantee Statement of flnancial posltion 31 July 2024 2024 2023 Note Fixed assets Tangible assets 21,628 13,628 21,628 13,628 Current assets Cash at bank and In hand 5,319 g,282 5,319 9,282 Cr8dltor8.' amounts falling du8 wlthln one year Net current assets (420) (3,840) 4,899 5,442 Totsl assats less current Ilabilitias 26,527 19,070 Net a88ets 26,527 19,070 Funds of the charlty Unrestricted funds 26,527 19,070 Member8 funds 26,527 19,070 For the year endlng 31 July 2024 the CDmp8ny was entilled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dlrectors responslbilltles., Tha members have not requlred the company to obtain an audlt of Its financial statements for the year In question in accordance with section 476,. The directors acknowledge their responsibilities for complying wllh the requiremenls of the Act with respect to accounling records and the preparatlon of fFnancial statements. These financlal statemènts have been prepared in accordance with the provislons applicable to companies subJeGt to the small oompani8s' regime and in accordance with FRS102 'The Flnancial Reporllng Standard applicable In the UK and Republic of Ireland,. The notes on pages 8 to 10 form part of these financlal statements. Page 6 PLANTING FOR HOPE UGANDA Company Ilmited by guarantee Statement of financlal posltlon {contlnued) 31 July 2024 These flnancial statements were approved by the board of directors and aulhorised for issue on 29 April 2025, and are signed on behalf of the board by.. K B Oakley Dlrector E Slmm Dlrector Company reglstration number,. 09110948 The notes on pages 8 to 10 form part of those financlal statements. Page 7 PLANTING FOR HOPE UGANDA Company Ilmlted by guaranteo Notes to the flnancial statem8nts Year end8d 31 July 2024 General Informatlon The company is a private company limited by guarantee, registered in Englsnd & Wales. The address of the registered office Is Clenl House, New Road, Caunsall, Kldderminster, Worcestershire, DY115YN, Statgment of compllanc¢ These financial ststements have been prepared In compllance with the provlsions of FRS 102, Section 1A, 'Th8 Financlal Reporting Standard applicable In the UK and Republic of Ireland,. Accountlng pollcles Basls of preparatlon The financial statements have been prepared In accordance wllh Statament of Recommended Practlcè applicable lo charlties preparing their accounts In accordance wlth .th8 Financlal Reportlng Standard applicab16 In the UK and the Republlc of Ireland (FRS 102 effectlve 1 January 2015), the Charities SORP IFRS 1021 and the Companies Act 2006. Turnover Turnover Is derlved from the maln activities of the charlly and comprises of donations, sponsorshlp and fund r8lslng events. Taxation The Charity 18 exempl from corporation tax on Its charitable activlties. Tanglble assets Tangible assets are initially recorded at cost, and are subsequently staled at cost less any accumulated depreciatlon and lrnpairment losses. Any tangible assets carrled at rev81ued amounts are recorded at the farr value at the date of revaluatlon less any subsequent accumulated depreciation and subsequent accumulated impairmpnt losses. An increBse In the carrying amount of an asset as a rasult of a revaluation, is recognised In other comprehensive income and accumLJlatod in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised In profit or loss. A decrease In the carrylng arnounl of an asset a8 a result of revaluatlon Is recognised in other comprehensive income to the extent of any prevlously recognlsed revaluation increase accumulated in capital and reservos In respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gain5 accumulated in Gapital 8nd reseNes in respect of that asset, the excess shall be re¢ognised in profil or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less Its residual value, over the useful economic Ilfe of that asset as follows.. Fre8hold property If there is an indication that there has been a significanl change in d@preciation rate, useful life or residual value of tangible assets, the depreclation is revised prospectively to reflect the new estimates. Page 8 PLANTING FOR HOPE UGANDA Company Ilmited by guarantee Notes to the flnancial statements (continued) Year ended 31 July 2024 Fund accountlng Unreslrlct8d funds can be used in accordance wllh the charitab18 objectlves at the dlscretion of the trustees. The trustees may choose to sel aside a part of the unrestricted funds lo be used for 8 .partlcular future project or commitment. Ras6rves The Trustees have examined th8 charity's requirements for reserves in light of the maln risks to the charlty.11 has 8slabllshed a policy whereby unreslrlcted funds not commllted or invested in tanglble flxed assets should be placed in three r888rves'. 1. An Operallng Reserve (Deslgnated Fund). This reserve is to meet the mlnirnal working capllal requirements of the charity at 8 level the trustegs deem sufflclent to continue th8 current essential aclivltles of the charlty In the event of a sudden drop in funding. 2. A Contingency Reserve. This reserve is to meet unforseen overspend on existing or Imminent projects lo be completed within the currant and upcomlng financlal year. 3. An Emergency Relief Reserve. Thls reserve Is to meet unforeseen expendllure In the short term. The value and nature of the reserves wlll be revi8wed annually based upon the evolvlng clrcumst8nGes of the charity. Llmltad by guaranteo The charity conslllules a Ilmlted company, limlted by guarantee, as defined.by the Companles Act 2006. Tangibla assels Freehold land & property Total Cost Al 1 August 2023 Additlons 13,628 8,000 13,628 8,000 At 31 July 2024 21,628 21,628 Depreciatlon At 1 August 2023 and 31 July 2024 Carrying amount At 31 July 2024 21,828 21,628 At 31 July 2023 13,628 13,628 Page 9 PLANTING FOR HOPE UGANDA Company limlted by guarantee Notes to the financial statements {contlnued) Year ended 31 July 2024 Cr8ditor8." amount8 falllng due wlthln onè year 2024 2023 Loan from trustee Other creditors 3,000 840 420 420 3,840 Trustees. remuneration and benefits There were no trustees, r&munerallon or orlher beneflts for the year ended 318t July 2L124. Tru8tee8' expenses There were no trustees, expenses pald for the year ended 31 st July 2024. Rolated partle8 There were no related party transactlons durlng the year. Page 10 APPENDIX A PLANTING FOR HOPE UGANDA Company limited by guarantee Dlrectors and trustees report Year ended 31st July 2024 PfHU UK Report August 2023 to July 2024 Inclusive The following narrative isfrom Kate Oakley, the UK Dirertor of PfHU. There have been 7 tru5tees' meetings and l extraordinary meeting durlng the reportlng period, all of whlch have been conducted by some of the participants via Zoom. Apollo Saku, the Uganda dlrector of PfHU, continues to join these meetings as we plan together. The past year has been tough, not only wlth regards to fundraising but also the personal Ilves of the Trustees and Directors. Global uncertainty continues to drlve restraint when It comes to the amount of charitable giving we recelve. The UK Trustees and Directors are all aging11, Kate Oakley, will soon turn 80} and Illness has beset a number of the committee members either personally or by way of a close family member. To top thlngs off, on 9th January 2024 Apollo lost is only son, Job, in a road traffic accident on the way to school, Volunteers still went out In January/February as normal, but it was a lot for Apollo to deal with. These factors, and others, have led to a reduced fundralsing schedule as prlorities and abilities/capabilities shlft. This year, our fundraising has lust about serviced our core financial commitment to the runnlng of PfHU (e.g, staff and teachers wages, maintenance, sundries etc) with any shortfall being made up by Apollo making use of hi5 business acumen to raise in funds in Uganda. To this end, sustalnability and succession have become our absolute priority so that the community of Kltiti and the project can continue to thrive and grow should we find that UK fundraising comes to an end. We have developed a 5-year plan, at the end of which we hope that PfHU Uganda will be able to run itself wlthout need for ourfinancial support. We will, of course, continue to do what we can and forward any funds we do raise dlrect to PfHU in Uganda. Our focus now is the purchase of more land for growing coffee so that they can generate a steadily increasing income to run the charity independently. Ultimately our goal is to have the funds to build a coffee and maize mill. PfHU could then grind its own coffee beans (which demand at least double the market price of dried beans alone) but also grind the beans of other farmers so that income could also be made from that service. Our current coffee plants will soon start to crop and we hope that bythe end of 2024 money made from its sale will reduce our core financial commitment from £3000 to £2000 a month with toffee sales making up the difference. In early 2024 there was one collective visit to Uganda whereupon, over a period of 3 months, 6 volunteers visited Kititi. Much was achieved, including; Gi rls toilet relocated and rebuilt; Old toilet demolished and long drop repurposed disposal of rubbish. 120 fruit and shade trees planted around the school compound; Extension and renovation of old dormltory (already replaced) into a porrldge shed for baby and Infant classes,. Development of 6 areas of waste land into floral gardens. Replacement of 50 termite ridden wooden desks wlth metal desks; Water harvesting completed on teachers houses and lower school block; All teachers houses are now servlced with electricity; Restocking of clinic and deworming programme carried out,, Purchase and installation of large stalnless-steel tank for drinl