Lone Buffalo - Management accounts for the three months to 31 March 2025
| Exchange rates used (period end) $1 = KIP21,608 1 Jan was $1 = KIP21,732 £1 = $1.292 1Jan was £1 =$1.252 |
2025 | 2025 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Qtr to 31 March Qtr to 31 March |
Year to 31 Dec | Year to 31 Dec | |||
| Actual Budget US$ US$ 9,500 |
Actual Budget US$ US$ 9,500 |
Actual Budget US$ US$ 29,003 27,500 |
Budget US$ 38,000 |
||
| Income Corporate donations |
|||||
| Embassy contributions (US, UK,NZ, CAN) | 1,698 6,500 |
1,698 6,500 |
21,451 25,000 |
26,000 | |
| Personaldonations,including giftaid | 21,564 9,125 |
21,564 9,125 |
40,496 31,200 |
36,500 | |
| Class sponsorship | 8,097 3,000 |
8,097 3,000 |
8,459 10,500 |
12,000 | |
| BFLsupport | 17,000 | ||||
| MAGteaching | 1,000 | 1,000 | 7,056 3,500 |
4,000 | |
| Other | 5,378 675 |
5,378 675 |
1,930 500 |
2,700 | |
| Total income | 36,736 29,800 |
36,736 29,800 |
108,395 115,200 |
119,200 | |
| Expenditure Salaries,visas and allowances |
(12,870) (12,174) |
(12,870) (12,174) |
(45,644) (41,220) |
(48,700) | |
| Rent,Accommodation&Maintenance | (7,225) (3,738) |
(7,225) (3,738) |
(11,912) (9,910) |
(14,950) | |
| Transport | (1,604) (575) |
(1,604) (575) |
(2,742) (3,500) |
(2,300) | |
| Communications and administration | (1,350) (2,014) |
(1,350) (2,014) |
(10,736) (11,760) |
(8,050) | |
| LB Footballcoaching programme | (2,975) (839) |
(2,975) (839) |
(4,866) (4,080) |
(3,350) | |
| LB Film making and photography | (221) (675) |
(221) (675) |
(2,328) (3,000) |
(2,700) | |
| LB Development Programmes | (1,885) (4,500) |
(1,885) (4,500) |
(17,466) (17,000) |
(18,000) | |
| LBCoffee co-operative | (912) (200) |
(912) (200) |
(681) (1,000) |
(800) | |
| Green Buffalo | (1,702) (1,500) |
(1,702) (1,500) |
(4,470) (5,000) |
(6,000) | |
| LBSafeguarding | (200) | (200) | (163) (1,000) |
(800) | |
| Marketing &Promotion | (839) (625) |
(839) (625) |
(2,320) (3,100) |
(2,500) | |
| MOUAdministration/Medical | (943) (413) |
(943) (413) |
(1,188) (2,200) |
(1,650) | |
| Other | (132) | ||||
| Total expenditure | (32,526) (27,452) |
(32,526) (27,452) |
(104,648) (102,770) |
(109,800) | |
| Surplus/(deficit) b/f exchange rate effect | 4,210 2,349 |
4,210 2,349 |
3,747 12,430 |
9,400 | |
| Exchange difference oncurrencytransfers | (866) - |
(866) - |
(1,649) | ||
| Exchange difference on revaluations | 3,380 - |
3,380 - |
(1,975) - |
- | |
| Surplus/(deficit) | 6,725 2,349 |
6,725 2,349 |
123 12,430 |
9,400 | |
| Summary balance sheet | US$ | US$ | US$ | ||
| UKbankaccountbalance | 104,661 (£80,995) |
99,144 (£79,220) |
109,359 | ||
| Lao dollaraccountbalance | 1,372 | 266 | |||
| LaoKIPaccountbalance | 448 | 360 | - | ||
| Lao cashbalance | 203 | 189 | |||
| Stipend unpaid | - | - | - | ||
| Net assets | 106,684 | 99,959 | 109,359 | ||
| Netassets brought forward | 99,959 | 99,836 | 99,959 | ||
| Surplus/(deficit) | 6,725 | 123 | 9,400 | ||
| Net assets carried forward | 106,684 | 99,959 | 109,359 |
| By | source - 3 months to 31 March | UK charity | UK charity | Lao banks | KIP cash | Accruals | Adjs | Total | |
|---|---|---|---|---|---|---|---|---|---|
| £ | US$ | US$ | US$ | US$ | US$ | USD | |||
| Balance 1 January | 79,220 | 99,144 | 627 | 189 | - | - | 99,959 | ||
| Income | 28,852 | 36,121 | 100 | 516 | 36,736 | ||||
| Expenditure | (8,077) | (10,135) | (19,952) | (2,439) | (32,526) | ||||
| Transfers | (19,000) | (23,844) | 21,042 | 1,936 | (866) | ||||
| Exchange difference on revaluations | 3,375 | 4 | 1 | 3,380 | |||||
| Movement | 1,774 | 5,517 | 1,194 | 14 | - | - | 6,725 | ||
| Balance 31 March | 80,995 | 104,661 | 1,820 | 203 | - | - | 106,684 | ||
| Difference $3,224 $3,115 $3,296 $3,375 |
|||||||||
| Check on revaluation At opening At closing rate rate Opening balance in £ £79,220 $99,144 $102,368 Average balance in £ £76,532 $95,780 $98,895 Closing balance in £ £80,995 $101,365 $104,661 Actual |
Difference $3,224 $3,115 $3,296 |
||||||||
| $3,375 |
13/04/2025 09:28
Lone Buffalo - Management accounts for the three months to 31 March 2025
| Exchange rates used (period end) $1 = KIP21,608 1 Jan was $1 = KIP21,732 £1 = $1.292 1Jan was £1 =$1.252 |
2025 | 2025 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Qtr to 31 March Qtr to 31 March |
Year to 31 Dec | Year to 31 Dec | |||
| Actual Budget US$ US$ 9,500 |
Actual Budget US$ US$ 9,500 |
Actual Budget US$ US$ 29,003 27,500 |
Budget US$ 38,000 |
||
| Income Corporate donations |
|||||
| Embassy contributions (US, UK,NZ, CAN) | 1,698 6,500 |
1,698 6,500 |
21,451 25,000 |
26,000 | |
| Personaldonations,including giftaid | 21,564 9,125 |
21,564 9,125 |
40,496 31,200 |
36,500 | |
| Class sponsorship | 8,097 3,000 |
8,097 3,000 |
8,459 10,500 |
12,000 | |
| BFLsupport | 17,000 | ||||
| MAGteaching | 1,000 | 1,000 | 7,056 3,500 |
4,000 | |
| Other | 5,378 675 |
5,378 675 |
1,930 500 |
2,700 | |
| Total income | 36,736 29,800 |
36,736 29,800 |
108,395 115,200 |
119,200 | |
| Expenditure Salaries,visas and allowances |
(12,870) (12,174) |
(12,870) (12,174) |
(45,644) (41,220) |
(48,700) | |
| Rent,Accommodation&Maintenance | (7,225) (3,738) |
(7,225) (3,738) |
(11,912) (9,910) |
(14,950) | |
| Transport | (1,604) (575) |
(1,604) (575) |
(2,742) (3,500) |
(2,300) | |
| Communications and administration | (1,350) (2,014) |
(1,350) (2,014) |
(10,736) (11,760) |
(8,050) | |
| LB Footballcoaching programme | (2,975) (839) |
(2,975) (839) |
(4,866) (4,080) |
(3,350) | |
| LB Film making and photography | (221) (675) |
(221) (675) |
(2,328) (3,000) |
(2,700) | |
| LB Development Programmes | (1,885) (4,500) |
(1,885) (4,500) |
(17,466) (17,000) |
(18,000) | |
| LBCoffee co-operative | (912) (200) |
(912) (200) |
(681) (1,000) |
(800) | |
| Green Buffalo | (1,702) (1,500) |
(1,702) (1,500) |
(4,470) (5,000) |
(6,000) | |
| LBSafeguarding | (200) | (200) | (163) (1,000) |
(800) | |
| Marketing &Promotion | (839) (625) |
(839) (625) |
(2,320) (3,100) |
(2,500) | |
| MOUAdministration/Medical | (943) (413) |
(943) (413) |
(1,188) (2,200) |
(1,650) | |
| Other | (132) | ||||
| Total expenditure | (32,526) (27,452) |
(32,526) (27,452) |
(104,648) (102,770) |
(109,800) | |
| Surplus/(deficit) b/f exchange rate effect | 4,210 2,349 |
4,210 2,349 |
3,747 12,430 |
9,400 | |
| Exchange difference oncurrencytransfers | (866) - |
(866) - |
(1,649) | ||
| Exchange difference on revaluations | 3,380 - |
3,380 - |
(1,975) - |
- | |
| Surplus/(deficit) | 6,725 2,349 |
6,725 2,349 |
123 12,430 |
9,400 | |
| Summary balance sheet | US$ | US$ | US$ | ||
| UKbankaccountbalance | 104,661 (£80,995) |
99,144 (£79,220) |
109,359 | ||
| Lao dollaraccountbalance | 1,372 | 266 | |||
| LaoKIPaccountbalance | 448 | 360 | - | ||
| Lao cashbalance | 203 | 189 | |||
| Stipend unpaid | - | - | - | ||
| Net assets | 106,684 | 99,959 | 109,359 | ||
| Netassets brought forward | 99,959 | 99,836 | 99,959 | ||
| Surplus/(deficit) | 6,725 | 123 | 9,400 | ||
| Net assets carried forward | 106,684 | 99,959 | 109,359 |
| By | source - 3 months to 31 March | UK charity | UK charity | Lao banks | KIP cash | Accruals | Adjs | Total | |
|---|---|---|---|---|---|---|---|---|---|
| £ | US$ | US$ | US$ | US$ | US$ | USD | |||
| Balance 1 January | 79,220 | 99,144 | 627 | 189 | - | - | 99,959 | ||
| Income | 28,852 | 36,121 | 100 | 516 | 36,736 | ||||
| Expenditure | (8,077) | (10,135) | (19,952) | (2,439) | (32,526) | ||||
| Transfers | (19,000) | (23,844) | 21,042 | 1,936 | (866) | ||||
| Exchange difference on revaluations | 3,375 | 4 | 1 | 3,380 | |||||
| Movement | 1,774 | 5,517 | 1,194 | 14 | - | - | 6,725 | ||
| Balance 31 March | 80,995 | 104,661 | 1,820 | 203 | - | - | 106,684 | ||
| Difference $3,224 $3,115 $3,296 $3,375 |
|||||||||
| Check on revaluation At opening At closing rate rate Opening balance in £ £79,220 $99,144 $102,368 Average balance in £ £76,532 $95,780 $98,895 Closing balance in £ £80,995 $101,365 $104,661 Actual |
Difference $3,224 $3,115 $3,296 |
||||||||
| $3,375 |
13/04/2025 09:28
Independent examiner’s report to the trustees of Lone Buffalo
I report to the trustees on my examination of the accounts of the Lone Buffalo Charitable Incorporated Organisation (the CIO) for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’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 giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
-
the accounts do not accord with those records.
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.
Signed:
Name: Anthony S Weston Smith Fellow of the Institute of Chartered Accountants of England & Wales Address: 132 Oakhill Road, Sevenoaks TN13 1NX Date: 23rd July 2025