| FOR THE V | EAR ENDED 31S | TDEC | EMBER20 | 22 | ||
|---|---|---|---|---|---|---|
| General | Restricted | Total Funds | Total Funds | |||
| Nate | 2022 | 2021 | ||||
| Income | ||||||
| Donations | 2 | 83641 | 5000 | 88641 | 66359 | |
| Repayment | supplement | 83641 | 5000 | . 88641 | zz f6381 |
|
| Expenditure | ||||||
| Raising funds | 550 | 550 | 1080 | |||
| Charitable aclivities |
3 | 82013 | 5000 | 81013 | 64128 | |
| Governance | costs | 1002 | ||||
| Total expenditure | 8~563 | 5~88 | Bf525 | 66210 | ||
| Net income | (expenditure) | 1018 | (862) | 216 | ||
| Reconciliation offunds: Total funds brought forward |
~14 | ~74 5 | ~74 | |||
| Total funds | carried forward | 15321 6563 financial |
21890 | 21674 |
| HOMES OF PROMISE | HOMES OF PROMISE | ||||
|---|---|---|---|---|---|
| BALANCE SHEETAS AT31STOECEMBER 2022 | |||||
| 2022 | |||||
| Notes | F | ||||
| Fixed Assets | |||||
| Tangibie fixed | assets | ||||
| Current Assets | |||||
| Debtors | 5 | 1697 | 1693 | ||
| Cash at bank | 2Q192. | ~9 | |||
| 21889 | 21673 | ||||
| Net Current Assets | ERR | 7 | |||
| Total Assets | less Current Uabiiities | 21890 | 21674 | ||
| Charity Funds | |||||
| Restricted funds | 6563 | 7425 | |||
| Unrestricted | funds | ||||
| General funds | 15327 | ~14 49 | |||
| 21890 | 21674 |
| 2 | Donations and | Legacies | Legacies | 2022 | 2021 | ||
|---|---|---|---|---|---|---|---|
| Gifts (Individuals | and | Organisations) | Z4680 | 51365 | |||
| Gifts from individuals | received | in Uganda | 113 | 868 | |||
| Trusts and Corporates | 10059 | 10000 | |||||
| Gift Aid from HM | Revenue | 8 Customs | 3T89 | 4126 | |||
| 88641 | 66359 |
| H | OMES OF PROMISE | Page 11 | |
|---|---|---|---|
| NOTES TOTHE FINANCIAL STATEMENTS | |||
| FOR THE YEAR ENDED 31STDECEMBER2022 | |||
| 2022 | 2021 | ||
| 3 | Analysis ofcharitable activities expenditure | ||
| George's Place | 69646 | 51726 | |
| Education, school and vocational | 14490 | 9769 | |
| Education from restricted fund |
(5000) | ||
| Medical cosh | 242'I | 1729 | |
| Christian support |
52 | 57 | |
| Shipping donated items to Uganda Bank charges |
166 ~8 |
719 lRR |
|
| 82013 | 64128 | ||
| 4 | Tangible fixed asset | ||
| Motor vehicle | |||
| Atcost, brought forward and earned forward | 13577 | 13177 | |
| Depreciation brought forward |
13176 | 13176 | |
| Charge in year |
|||
| Depreciation carried forward |
~131 6 | ||
| Net book value at31stDecember 2022 | 1 | 1 | |
| Net book value at31stDecember 2021 | 1 | 1 | |
| 6 | Debtors | ||
| Gilt Aid receivable | 1697 | 1893 | |
| 6 | Restriced Funds | ||
| Balance at 1stJanuary 2022 | 7425 | 4507 | |
| Income | 5000 | 5000 | |
| Expenditure | Gal | ||
| Balance at31stDecember 2022 | 6563 | 7425 | |
| 7 | Unrestricted Funds |
||
| Balance at 1stJanuary 2022 | 14249 | 16996 | |
| Income Expenditure Balance at3$stDecember 2022 |
83641 2~ 15327 |
61381 Gi~Q 14249 |
| HOMES OF PROMISE | Page 12 | ||||||
| NOTES TOTHE FINANCIAL | STATEMENTS | ||||||
| FOR THEYEAR ENDED 31STDECEMBER2022 | |||||||
| 2022 | |||||||
| 8 | Net assets by fund | ||||||
| Restricted funds | |||||||
| Current assets | |||||||
| General funds | |||||||
| Tangible lixed assets | 1 | ||||||
| Current assets | |||||||
| ~14 49 | |||||||
| Total | 21890 | 7425 | |||||
| 9 | Reconciliation afnet | movement | infunds tonet cash flovr | from operation | |||
| activities | |||||||
| Net income (expenditure) | for the | year (as Statement of | |||||
| Financial ActiviTies) |
216 | 171 | |||||
| Decrease (increase) | in debtors | 196 | 2127 | ||||
| (Decrease) Increase | in creditors | ||||||
| Decrease in fixed assets | |||||||
| Net cash increase operating |
activities | 412 |