Farmers Overseas Action Group (FOAG) ## Trustees’ Report ## For the year ended 5th April 2023 Farmers Overseas Action Group (FOAG) is a Charitable Incorporated Organisation Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 ## _**Trustees’ report**_ The trustees present their statutory report together with the financial statements of Farmers Oversees Action Group (‘FOAG’) registered charity number 1164747 for the year ending 5[th] April 2023. This trustees’ report has been prepared in accordance with the statement of recommended practice (SORP) for small charities as issued by the Charity Commission of England and Wales. The financial statements have been prepared in accordance with the accounting policies set out on page 11 and comply with FOAG’s constitution and applicable laws and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland. ## _**Administrative office**_ The Old Rectory, Stanford Bridge, Worcester, WR6 6SH ## _**Trustees**_ The Trustees who have served during the year and up to the date of this report are: Christiana Bentley, Michael Bentley, Nabil Jamous, Ian Kirby (absent), Janet McConville, Jane Sturdy, Christopher Sturdy, William Surman. Alex Letts. The Trustees are also the Committee and, as such, are appointed by full members at the Annual General Meeting. ## _**Independent examiner**_ Alan Hess, Arran House, Western Road, Hagley, West Midlands, DY9 0HZ. ## _**Charity’s bankers**_ CAF Bank, 25 Kings Hill Avenue, West Malling, Kent, ME19 4JQ. National Westminster Bank Plc, Worcester Cross Branch, 1 The Cross, Worcester, WR1 3PR. ## _**Objects of the charity**_ The charity is established to relieve poverty, distress and suffering in developing countries by providing practical help, education and support to farmers and rural communities. Since it was established in 1981 it has concentrated its efforts in Uganda. ## _**Governing document**_ The charity has a constitution. ## _**Our projects include:**_ 1. Three Cheshire rehabilitation centres at Butiru, Budaka and Soroti, all located in eastern Uganda. They support children and young adults with disabilities such as club foot and the aftermath of polio and malaria in older children and arrange for corrective operations, rehabilitation, aftercare and integration within their families and communities (post-operative care, physiotherapy, crutches, wheelchairs, skill training etc.). 2. Pearls of Africa Special Needs Centres (PASNEC) at Kanyanya and Seguku in Kampala; these centres support children with learning difficulties. 3. The independent hospital at Kiwoko where FOAG is providing funds for nurse and midwife training, now in a form of student loan to enable the pot to grow and allow more access to students who would be unable to otherwise access training. 4. The independent hospital at Kumi, originally a leprosy hospital, but now a general hospital, where FOAG assisted with the provision of maintenance and capital equipment. 5. The boarding unit of Kamurasi Primary School at Masindi that is for disabled children. FOAG provided -1- Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 6. funds to build a residential home for the blind children that attend the school and now partially funds the maintenance of these children. The scope of the project is to integrate disabled children into mainstream education. 7. The Chekwii Initiative for Rural and Integrated Development (CIRIDE), formerly the Namalu Agricultural Centre is in the Karamoja region of Eastern Uganda where FOAG finances the storage of crops between harvests and provides training and support in post-harvest handling. 8. Eastern Archdiocesan Development Network (EADEN). FOAG has partnered with EADEN as the implementation partner for our Waste Less and Conservation Agriculture initiatives. 9. The sponsorship of individual students undertaking secondary and tertiary education. 10. YOUFRA – Young Franciscan centre supports and educates young mothers and their children who were teenage rape victims of the Lord’s Resistance Army. Support was given for food, medical operations, and infrastructure improvements. 11. Grow more– This project supports, trains, and supervises the four centres in sustainably growing their own food and to become self-sufficient and less reliant on donations to feed the centres. 12. Dr Ambroseli Medical Centre is an associate project not funded by FOAG. It is vetted to ensure that its practice falls within the objects of FOAG, but it is not monitored by an annual visit in the same way as FOAG projects although it has been visited on several occasions. The Trustees have had regard to the Charity Commission’s guidance on public benefit and have ample evidence that FOAG’s activities directly benefit considerable numbers of people whose lives are bettered in various ways; receiving education and vocational training and material assistance; improved (or any) medical care and rehabilitation; improved water supply; improved means to feed themselves and an ability to earn a living in the country. FOAG has a moderate Associate Membership base comprising individuals, families, and corporate groups such as churches, schools, Rotary clubs, etc. Individuals and families contribute a minimum subscription of £20 per annum and in return receive an annual newsletter. FOAG employs a paid part-time administrator. All other Trustees, Officers and Committee members work without remuneration. The costs of monitoring the projects in Uganda are usually borne by those Committee members who make the visit. ## _**Safeguarding**_ FOAG’s role in Uganda is providing support, general and agricultural education, medical facilities and food security in the rural areas of eastern and northern Uganda. It does this with financial support for existing local organisations having first vetted the potential partner and, in most cases, having had a long productive relationship with them. The initial vetting and on-going monitoring of our partner organisations is carried out by a minimum of two trustees. Every year these trustees aim to visit each project to ensure that it is well run and that the funds provided by FOAG have been used wisely and for the agreed purpose. This monitoring includes the arrangements for safeguarding the vulnerable and their reintegration with their families and communities. FOAG’s partner organisations are run by professional staff; nuns, teachers, doctors, and nurses etc but are situated in very rural areas where, until quite recently, written safeguarding policies were unheard of. These are beginning to appear in some of our partner organisations and are now routinely requested as part of our monitoring process. FOAG’s contribution to the budgets of the organisations we support is relatively modest but the outcomes for the individuals involved is huge. In some cases, this limits the influence that FOAG can have. Our UK administrator has no personal contact with the vulnerable people we support, and our Ugandan co- -2- Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 ordinator has no unsupervised contact with them. Given the nature of the work that FOAG undertakes its trustees consider safeguarding a particularly important issue. They keep the subject under review and work with their partner organisations to improve the transparency of their policies. FOAG has a written safeguarding policy that has been approved by the Trustees. ## _**Achievements and performance**_ As well as supporting the four centres for life-changing medical operations, rehabilitations, and education, FOAG continues to develop its focus on farming and in particular conservation or evergreen agriculture, as well as expanding the waste less and grow more initiatives. ## _**Project Monitoring 17-02.2023 to 05.03.2023**_ All the FOAG projects are visited and assessed at least once a year during a Project Monitoring Visit (PMV) by a team comprised of at least two members of the Committee, and potential new projects which may be brought to their attention are also visited and evaluated. These visiting members produce a written report to the Committee. The Committee meets about six times a year and considers the various affairs of the charity and decides on the allocation of funds to the projects. Throughout the year delegated Committee members keep in close touch with the people in Uganda running individual projects and report at Committee meetings. Four committee members, Nabil Jamous, Christopher and Jane Sturdy and Cecilia Dean visited the projects. The PMV reported in writing on all the projects visited. ## **1. Waste Less project / Food security** One third of all food harvested in Uganda is lost before it gets to the people it is meant to feed. Most of this is due to poor post-harvest handling and lack of adequate storage. This level of inefficiency has huge economic, social, and environmental impacts. FOAG partnered with two Ugandan NGOs CIRIDE and EADEN to set up the Waste Less Food project to work with local communities by training farmers in the post-harvest handling of their crops to reduce food waste on their farms, to provide improved grain storage such as air-tight grain bags and metal silos, also to maintain bulking stores to ensure food security within the local areas. The crop is bought from trained farmers during harvest at a premium, and sold back into the communities when there are shortages at less than the market rate. During harvest food prices are generally lower than the price being sold at, hence the surplus which is used to support the operation. A percentage of food is also distributed to families who cannot otherwise afford to buy food. One of the most attractive elements of the scheme is that it is financially sustainable – all money spent filling the store is recouped every year when the maize is sold back into the community. CIRIDE (Chekwii Initiative for Rural and Integrated Development) in Namalu, a region in Karamoja, in northeast Uganda, it has the worst socio-economic indicators in Uganda with around three quarters of people living below the poverty line. The project works with 300 farmers, and maintain a 40-ton store. Since providing the initial funding to set it up in 2016, the project has become self-sufficient, producing surplus funds that are used to support to train and benefit farmers and the local community every year. The FOAG’s summer 2021 appeal yielded £10,879. Money was used to purchase 75 airtight metal silos, that were made to order, ranging in sizes between 1 and 1.5 tons’ capacity. These were distributed by CIRIDE in Namalu to local families to help improve food storage and reduce waste on the farms, at the same time increasing the capacity locally. During the 2023 visit, the team have inspected the CIRIDE site and visited 10 of the Silos beneficiaries on their farms. No new Money were given to CIRIDE during the current financial year. -3- Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 In 2018 and 2019 we expanded the project to EADEN (Eastern Archdiocesan Development Network **)** to build two Waste Less Food projects with 400 farmers each and a 40-ton community store in the sub counties of Budhaya and Nawaningi. The area operates two seasons per year, we have visited the two sites and found that stores were empty at Nawaningi, we found the cooperative did not bulk due to price instability and thought there was a risk in bulking, money was still being held in the bank account and by the time we are wrting this report, we were told bulking had already taking place in the following season. Budhaya took the risk and bulked. No additional funds were given to these projects in the current financial year. ## **2. Evergreen Agriculture** Agriculture contributes around a quarter of Uganda’s GDP and it is the country’s main economic driver; however, farmers face great challenges. The rising rural population has increased pressure on land availability. The traditional crop rotation under which land could be rested between crops is no longer possible. With a reduced acreage farmers must now cultivate the same ground year after year. In addition, climate change has caused more extreme weather, such as crippling droughts and torrential rains. Subsistence farmers struggle to grow enough food for the family, let alone a surplus. Conservation agriculture is part of the solution, as it allows farmers to manage their land sustainably In 2020 FOAG teamed up with a local Ugandan NGO called EADEN in Eastern Uganda to commence a four-year project to promote the adoption of sustainable agricultural practices, sometimes called regenerative or conservation agriculture (CA). The project includes four demonstration plots where farmers are trialling and demonstrating CA techniques. As the demonstration farms become established, They hope to expand CA onto neighbouring holdings. No money was paid into the project during the financial year 2022-2023, money due to be paid was held back due to the lack of the M&E reports from the project. The issue has been resolved since the end of the financial year and money released already. ## **3. Rehabilitation Centres** FOAG continues to support the Centres at Budaka, Butiru, Pamba, Tororo and Lira. We provided funds for building maintenance, improving access to water, life-changing medical operations, patient transport, and food. A total of £3,819 was granted to the YOUFRA and Butiru to cover the cost of general maintenance at the centres and support with food buying. The Sisters in charge at the centres prepare the children for their operation and refer them to local hospitals for treatment (usually Kumi or CoRSU), before continuing their education and rehabilitation back at the centre to help the children to live a full life. Many of the children that are brought to the centres by their families or by outreach programs have disabilities in varying degrees, and are unable to support themselves. FOAG has for many years funded some of the necessary operations. Around thirty five medical procedures were carried out in the past year at a cost of £3,502. This figure includes transport, pre-and post-operation assessments, feeding the children before and after operations, physio and for prostheses such as prosthetic legs for child amputees. The centres struggle with feeding the children daily and in the year in question FOAG made a number of grants for food. As result FOAG started a new initiative in 2019 to make the centres self-sufficient in food production and without the need to be reliant on donations. FOAG has appointed a specialist in Conservation Agriculture (CA) to establish evergreen farms and train the centres in such practices. Conservation Agriculture is a climate resilient approach focused on protecting soils and increasing water retention through minimum tillage, crop rotation, and use of leguminous shrubs and cover crops. As part of the scheme, each -4- Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 centre appointed a gardener to supervise and maintain the fields under the supervision of our appointed specialist. The project was expanded to include additional 40, a total of 80 local subsistence farming families to which training and input, such trees, seedlings and fertilisers were provided. The expectation is that the centres will become less dependent on the specialist and therefore the cost will decrease. The integration of vegetable growing not only helps improve the children’s diet, but any surplus is sold to provide an income stream. Total spent on 2 seasons growing amounted to little under **£17,020** . Meeting the cost of food for the homes is a serious and time consuming endeavour; this investment will help alleviate these concerns creating time to provide the children with additional support. ## **4. Pearls of Africa Special Needs Centres (PASNEC)** Pearls of Africa Special Needs Centres (PASNEC) Foundation operates from two sites – Kanyanya and Seguku – near the capital city Kampala. The centres help children, from age two upwards with a mental or physical disability, to develop skills for a fulfilled life. These include basic life skills like washing, bathing, and laundry as well as education in basic numeracy and literacy and vocational skills such as woodwork, brickwork, cooking and crafts. Total Funds provided to support the operation is £6000, money generally donated into unrestricted funds to support Staff Salary and the running cost of the project. ## **5. Kiwoko Hospital** FOAG’s involvement with Kiwoko Hospital has been to assist with nurse and midwife training. In 2017 the Project Monitoring Team advised the Deputy Medical Superintendent that it could not continue with its regular payment of £4,000 per annum but would consider “one off” applications from the Hospital and all current funds will form as a student loan scheme so that the money can revolve and reach more students. The current revolving fund stands at approximately £7,500. No new funds were given in the current financial year. ## **6. Kumi Hospital** It is vital that the hospital has a reliable standby source of electricity. In previous years FOAG assisted with topping up Doctors’ salaries to encourage continuation and for better standards to be maintained. This ceased after the 2017 PMV visit, but FOAG continued to maintain and provide diesel for the electricity generator that Rotary donated in 2006. In recent months the diesel generator had become problematic and too expensive to maintain, having already broken down and overhauled on two occasions, and over 16000 hours of operation, it was felt it was the time to replace the generator as it was relied on it during operations. With the hospital approval FOAG agreed to do the summer appeal to replace the generator, the appeal yielded £10,100 with a top-up from the current Kumi and operation funds we replaced the generator at a cost of £13,613. The generator was inspected during the 2023 PMV and found to be well looked after, and in the 7 months since installation it had already done 408 hours of operation. ## **7. Kamurasi Primary School** Kamurasi is situated in Masindi and the Headteacher for the last seven years has been Lillian Byakagaba. During that time pupil numbers have more than doubled to 1280 of which 181 are special needs children, suffering some sight or speech impairment, Downs Syndrome, autism, etc. 52 children are boarders. The school offers specialist education such as Braille and sign language, vocational training to provide life enhancing skills and a standard curriculum-based education. Kamurasi also advocates integral teaching, which helps eliminate the stigma associated with disabled children. FOAG’s involvement with the school began when a group of supporters had a sponsored Channel swim and raised over £25,000 which enabled the accommodation unit to be built. There are 8 support staff who look after the boarding children and two of these, the matron and the cook, live in. FOAG currently provides £500 per quarter to assist with the provision of food for the boarders, a total of £2000 was sent during the year. -5- Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 ## **8. Sponsoring Children’s Education** Only 1 in 4 children who start primary school in Uganda makes it to secondary school, with family issues and school fees keeping many teens, especially girls, from pursuing their education. Only 35 per cent of those that make it through secondary school end up in higher education – with many put off by the financial burden. FOAG and its supporters have been sponsoring young people through education since 2008. Thanks to our supporters, there are currently 27 students being sponsored through secondary schools, colleges, and universities. The cost of Sponsorship for the financial year amounted to £19,628. We keep in regular contact with the students, their carers and their sponsors in UK. ## _**The Future**_ Agricultural developments are being developed in Partnership with well-established Ugandan NGOs involving a financial commitment by FOAG and the Implementing Partner over several growing seasons in recognition of the need to fully establish the new ways of farming and of convincing farmers of their value. The Grow More Programme, where the focus is on introducing Evergreen Agriculture, aims to increase yield and improve soil fertility to make agriculture both sustainable and resilient in the face of climate change and global warming. The Waste Less Programme is on a full repayable loan basis. FOAG has funded storage silos to reduce crop loss and provide food security by enabling the crop to be sold to maximise income. ## _**Financial review**_ The proportion of donors’ contributions that a charity spends on communicating with donors, reporting, management and publicity is always a difficult decision for trustees. Over the years, the FOAG Treasurer and trustees have sought to keep this figure in the region of 7%, significantly lower than most national charities. In the current financial year, our administration cost amounted to 3.2% of total outgoings. ## _**Reserves**_ The Committee aim to maintain between £5,000 and £10,000 uncommitted general funds to be able to continue to support those projects requiring a regular flow of funds and to be able to respond to unforeseen emergency requests. The closing unrestricted balance this year was £26,122 This figure recognises the need to be cautious in the current economic climate, the reduced donations in the year under review and developments that will take place in the year ending 5[th] April 2024. ## **Thanks** The Trustees recognise and thank the Members for their generous donations and responses to Appeals. Without their generosity it would be impossible to continue FOAG’s important work in Uganda. Approved by the Trustees and signed on their behalf > ………………………………………….. Nabil Jamous Chairman > 24[th] January 2024 -6- Farmers Overseas Action Group (FOAG) Trusteeq, Report for the year ended 5, April 2023 FARMERS OVERSEAS A￿10￿ CROUP REPORT of ¢he IndepeDdettt Es•mlner for Ihe y￿r ended 5 Aprll 2023 I have examined th¢ Ststement of Fiwkancial Activities for the year ended 5 April 2023 and Balance Sheet as at 5th April 2023 tog¢th¢r with the Lw)oks ond vouchers pr(Klu¢¢d and Iso information and explanations giv¢n by the Honorary Treasurer. In my opinion the Balance Sheet together with the Financial Statement give respectively a true and view of the Charity's affairs &% at 5 April 2023 and its svrplu4(deficiency) for the year ended on that date and confirm they are in awent wtth the ix)oks and rxords and information given by the Honorary Tr¢asur¢r. Alan Hem F.C Arran House W¢*¢rn Ro&d Hagley DY9 OHZ Farmers Overseas Action Group (FOAG) Trusteeq, Report for the year ended 5, April 2023 FARMERSOVERSEAS AcfioN GROUP 5t4ternenl otliuazL(ialartivitie5-ye&iended. 5th Apti]21r23 ice￿[l￿t•d£UThd Not I￿o￿1n&[e50Urr￿s 17H 17.919 7Q.liS 6LYJI Suiwripiion& J7 1647 3JA 3.179 1179 BAnk Inlere9t 476 478 12 13.912 21.1 44.fft17 Re&ou￿￿6￿XPpn￿ed 22￿0 fa 105 128.7b) 1.94. 1.943 2T7 8.123 &323 26h ¥S.635 131525 leA￿nd11￿￿) I￿27 5.402 491 Tran&ler6 bEgween l.553 N•tJnDYrrnruI ￿KUThda 274 5.128 149. T(*HI hThdSbmushtti￿y4rd 250JS 71119 l15.n5 97.967 147 Tot41 furta&t4tri*dfotW4r E26.122 LT.247 ¢L03.369 Lry7.%7 Farmers Overseas Action Group (FOAG) Trusteeq, Report for the year ended 5, April 2023 FARMt.RS OVERSEA5 AcfIoN GKOUP BalaDce sheet-5th Apri1202J General Fund 2DII Restricted Fund 2023 2022 TDtal All Fund5 Nts CutTent a55ets cJEl￿d récoi'èTabl Pre P￿}.￿￿￿15 1.587 J,513 5.111) 2tM) 3.721 910 93.3SJ 24.335 2¥1( 73,131 69.151 98.069 26.122 77.247 7L119 103J69 97. Crediti)ts.'dttlDurttsdut Wfjthirtth￿ yea Acrrudl 00) £25 £9I.907 Fund5 ]ncothè hthds <77 )41 f/) 119 £103369 £9/.967 The firtattcial sLitÉrtwtttswerÈ&pwi'ed bi. thèT¢uSteÉs oh ..Ch4irman IN&￿1￿￿0￿s) Farmers Overseas Action Group (FOAG) Trustees’ Report for the year ended 5[th] April 2023 ## **Notes to the statement of accounts – 5 April 2023** ## **1 Accounting policies** The following accounting policies have been used consistently in dealing with items which are considered material in relation to the accounts. ## _1.1 Basis of preparation_ The accounts have been prepared, under the historical cost convention, in accordance with the Charities Act 2011 and with applicable accounting standards and the Charities Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102), using the accruals basis; with the exception noted in 2.3 below, income and expenditure is brought into account in the period to which it relates which is not necessarily the period it is received or paid. ## _1.2 Fund accounting_ The General Fund is unrestricted and is available for use at the discretion of the Trustees in furtherance of FOAG’s charitable objectives. Restricted income funds are those subject to specific restrictions imposed by the donors or by the purpose of the appeal. The purpose and use of the principal restricted funds is set out in the Trustees’ Report. ## _1.3 Incoming resources_ With the exception of gift aid tax recoverable, which is accrued in line with relevant donations, income is only brought into account when it is received and recorded. ## _1.4 Resources expended_ Expenditure is recognised in the financial statements when there is a legal or constructive obligation to pay for goods or services. -10- Farmers Overseas Action Group (FOAG) Trusteeq, Report for the year ended 5, April 2023 FARMERS OVERSEAS ACTION GROUP Not¢s to th¢ financial stat¢m¢nts - 5 April 202.3 2 ManugeFn£nt und administrulion 2022 Staff Costs SGla17e3 Erpenses 4,049 68 1,867 4,117 ,867 Project monitoring and support Trofvel and accommodation 2.612 Publicity PrEKting Poslage 750 6.13 689 6.16 1,383 1,325 Adn]inistration Bank choi¥es .4FEXehup"ges Office.fiipi?IiEs TelephoKe 72 102 195 57 42 98 41 211 396 £3,588 Number of part-time employees ". .44anagement and adminislration 3 Puymenls lo Iruslees No paymnents were made to or on behalf of any trnstee during the year (2022 - £nil) Farmers Overseas Action Group (FOAG) Trusteeq, Report for the year ended 5, April 2023 FARMERS OVERSEAS ACfION GROUP Notes lo the fiibartcial slalethtttt- 51hApiil 2023 4 DoAdtloA4prolecigMXtsÈtc - PrOj￿te¥￿a1t￿E--- - 01 which- niel from metfroni Ga￿al al ids Uthspailal lid LL% Avaddble 05.04.22 r&￿ver￿ Translers fOr￿aJits Tota] $pw)I h￿d$ 05.&1. Apreal 2U_)2 AR HiV￿lo￿Re￿￿117D￿FUlld But￿0 aieshtt'ÈHoD Clii]d SP￿￿Or51￿P CollseTh'Ati(bnAgriadtute th. AIni￿li CwTrtrÈ Bell). Huds￿1 itewiseFund Buya Gt(M Nlote forCffltte5 GtoNN.MoreWR5teLe55 consult￿ Kaiiivtasi 14imarv*hool Kiwoko Hospital NuTSeTTaining io.lix> 3,513 13.613 113.b131 1.700 I1,IL￿) 119.62SI ,i(N)I 7.587 1,428 soo 10.645 551 .571 31.15S IS.448 15, 10.645 35 2,977 17.020 2.(4>9 551 125 1.687 221 103 22.839 11.5 18.448 14, 11.8831 11.8831 8.762 35 35 632 12,97T) 117.0201 12,977) 111.0201 17,020 li2(￿} 3.87_5 107 14211 12,(KlJl 12,LNTh)I 125 ltsq7 221 103 19,337 1.687 iiJioi idi C￿ltre IOL th￿H￿IdIcapPed Idical Operati￿ OYL*i 5cheine 103 24,811 14,934 231 IU031 114,9341 I3,￿2) I3,￿2) PASNTC 1269 2,269 io 16,(KlJl 16,iXN)I 1269 io Sl FraINiS CheslLreHoll)e Pathck Walu& YOIJFRA Lo 1,915 5thApriJ 1123 TI119 70.125 I￿53 143,797 1178,3691 Ll66.F501 £T7,247 823 119 Details ot the F?wTX￿ ol the aixx-e ￿oi￿lS ￿eSet0111 lll the T￿Slee5, Re￿￿.1. UiirestrlrtedfunAs and other General h]nd 5tliAFTrriJ 2023 3,912 531 122,OB51 12L(1851 £26,122 5thApTi] 21￿5 ,967 £￿.037 2.￿1 -eilXl.454 166.5501 £133.Wll a03.369 £Z4),492 Q05J48 4105897 £149,451) fyl,%7 -12- Farmers Overseas Action Group (FOAG) Trusteeq, Report for the year ended 5, April 2023 FARLIIERS OI'ER.SEAS ACTION GROIJP Noles to the financial 8talement- 51h April 2023 5 Fund ruisins eiyen15 Inl￿Me Cosls Surplus .qEirrlii 2023 2022 Cornert (1.626) 1553 £3,179 (1,626) 1,553 Ollityftiiitl rai4iKg (-(?4t Jusi Givin8 charges Big Giv@ PdyPal iharges 1216) iioi) 12161 Iioii 1216) (i) £(1,943) £1,236 Ll217) -13-