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2021-08-31-accounts

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

Charity Registration No. 1169229

YOUBELONG

TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2021

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Doctor A Jenkins Doctor S Jacob Doctor J Tibenderana

Charity number

Accountants and independent examiner

1169229 Mark Lynskey Bruton Charles The Coach House Greys Green Business Centre Henley-on-Thames Oxfordshire RG9 4QG

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 AUGUST 2021

Page
Trustee’s report 1 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the accounts 11 - 13
Annexed pages in respect of Youbelong Uganda 14 - 17

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 AUGUST 2021

The Trustees of YouBelong (the Foundation), who are also members of the Foundation, present their report and accounts for the period ended 31 August 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 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 UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).

Structure, governance and management

The Foundation is a Charitable Incorporated Organisation (CIO) which was registered with the Charity Commission for England and Wales on 16 September 2016 with registered charity number 1169229. The Foundation is governed by its constitution dated 16 September 2016.

The trustees who served during the year were: Professor F Verity (Resigned 15th September 2020) Doctor A Jenkins Doctor S Jacob Doctor J Tibenderana

There have been no new trustees appointed since the Foundation was registered with the Charity Commission for England and Wales.

If and when new trustees are required, they will be identified by the existing Trustees. Any new trustee will be recruited on the basis of their expertise. It is the policy of the Trustees to have a multi-disciplinary board. In selecting new trustees, the Trustees will expect the prospective trustees to be exemplary in their honesty and commitment to the objects of the Foundation.

A newly-appointed trustee will be provided with a copy of the constitution of the Foundation, the latest financial statements and details of any conflicts of interest and grant-making policies. New trustees will have the decisionmaking process explained to them by the existing Trustees and will be provided with an overview of the administrative procedures employed by the Foundation.

The Trustees are responsible for the overall governance of the Foundation. The Trustees meet regularly throughout the year by electronic means, as they reside in different countries, and are responsible for ensuring that the Foundation acts in accordance with its objects. The Trustees are also responsible for determining the policies of the charity.

Currently, there are three trustees from a variety of backgrounds relevant to the aims of the charity. The Trustees collectively review strategy and operational performance and approve grants to be provided and fundraising events and activities to be arranged to ensure the Foundation meets its aims. The Trustees also consider conflicts of interest policies, reserves management and risk management.

The chair of the trustees is Dr. Annalisa Jenkins. The Trustees have delegated the day-to-day administration of the Foundation to Dr. Jenkins.

1

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Related Parties

The Trustees understand that they must disclose transactions with related parties of the Foundation. The Trustees recognise that there are a range of donors, individuals, and organisations that work with and network with the Foundation. In the Trustees’ opinion, the only related parties are the four Trustees of the Foundation. All other parties are unconnected with the Foundation.

How our activities deliver public benefit

As required by the Charity Commission, the Trustees have always had due regard for the requirement that the Foundation’s aims should be for the public benefit.

The public benefit of the grants made available by the Foundation is significant. Mental patients, who have been in long-term confinement in institutional/asylum care in dehumanising conditions, have been resettled with their families and are provided with a level of support to restore their dignity and to help them towards full recovery. Families have been reunited and supported and enabled to live with increased quality of life. Local communities have a sense of wellbeing in the knowledge that the vulnerable amongst them, such as people with mental illness, are being assisted in order to participate in the economic and social life of the community.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Risk review and management

The Trustees have undertaken a risk assessment that highlights the principal risks associated with the Foundation’s activities. They are satisfied that adequate reporting procedures are in place to identify and mitigate the risks posed to the Foundation. The Trustees regularly assess the funding requirements and the costs that the Foundation regularly incurs to ensure that there are no factors that could impact the Foundation’s ability to fulfil its objectives.

The Trustees have also taken reasonable steps to prevent fraud and other irregularities. For example, the transfer of funds from the Foundation to programmes in Uganda by electronic means requires full security measures with Hoare's Bank UK, who hold the accounts of the Foundation. A two person approval and verification system is in place to ensure that only formally authorised payments can be executed.

The Trustees have also adopted a conflicts of interest policy that is continually referred to in respect of all of its planned charitable events and grant-making activities.

2

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Objectives and activities

The objects of the Foundation, as set out in the constitution of the Foundation, are as follows:

The objects of the CIO, are the relief of persons in East Africa who are in need, hardship or distress and in particular (without prejudice to the generality) suffering from mental illness and to advance the health of said people by the provision of grants to organisations working with said people.

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Foundation’s aims and objects and distributing grants.

Mindful of the objects of the CIO, the Trustees of the Foundation have examined the objects of YouBelong Uganda, being the main recipient of grants from the Foundation in the current financial year, and have determined that the work of YouBelong Uganda is consistent with the above objects. YouBelong Uganda is a registered NGO in Uganda established for the purpose of moving people recovering from mental illness from the national mental hospital in Kampala, Uganda, and transporting them to their families and local communities and then working with the returned patient, and their family to prevent relapse and return to institutional life.

The Foundation has provided grants to YouBelong Uganda and continues to monitor and evaluate the work of the Ugandan based organisation to ensure that the grants are appropriately applied to the proper work of the organisation.

The Trustees of the Foundation receive regular reports and during COVID-19 conditions, regular zoom calls have occurred with the CEO of YouBelong Uganda, in order to update the Trustees with the ongoing work in Uganda.

The Trustees of the Foundation will continue to monitor organisations in East Africa that provide support to people with mental illness and are open to funding a range of organisations, depending upon available funds, and depending upon the relevance of the work of organisations in East Africa, to the objects of the Foundation.

The Trustees have decided for the next financial year to maintain their focus grant-making to YouBelong Uganda and to provide grants to build sustainability of a new model of mental health care in Uganda. Following the successful evaluation of a new model of mental health in Uganda that is properly subjected to evidence based research, the Trustees of the Foundation are mindful that such a model could be transported into the health systems of other East African countries.

The core belief of the Foundation is that belonging to family, local community, and culture is foundational to human wellbeing and mental wellbeing. The crucial role of the main carer in families, most usually wife or mother, grandmother, aunt, or older child, is a vital part of the strategy of YouBelong Uganda, in developing community based mental health services. Harnessing the lived experience of people recovering from severe mental illness, and empowering these persons to be peer supporters in helping others manage their severe mental illness, is also fundamental to the belief of the Foundation, and of YouBelong Uganda. Respect, recognition, and dignity within community are fundamental relational experiences if a person is to possess a healthy self-image and a sense of wellbeing. It is this core belief in the human need to belong that underpins the work of the Foundation in restoring people to mental health in low income countries in East Africa, such as Uganda.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

3

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Grant making Policy

The Trustees of the Foundation have resolved that the Foundation’s grant-making should be guided by the following principles:

  1. Organisations may only qualify for grants from the Foundation if the activities and goals of such organisations are directly within the scope of the objects of the Foundation.

  2. Organisations may only qualify for grants from the Foundation if they are legally registered as a non - government organisation (NGO) in the East African country in which they operate.

  3. Organisations may only qualify for grants from the Foundation if the programmes they run are sustainable beyond the life of the grant.

  4. Organisations may only qualify for grants from the Foundation if the programmes they run have the potential to be scalable and to have an impact not only upon individuals but also families and local communities and the health system within the particular East African country.

  5. Preference is given to programmes which are evidence-based and innovative.

Preference is given to programmes which aid the development of the local health system and are particularly geared to the creation of a community-based mental health system balanced between acute in-patient hospital care and community-based support.

Volunteers

Although there are currently no volunteers working for the Foundation, the Trustees agree that volunteers have the potential to be an important part of local innovation, mobilising the community to assist in mental health support. The Foundation is exploring the use of people who are in a high level of recovery from mental illness to act as volunteer peer support workers. These volunteers would be easily accessible to families who might be experiencing some difficulties when a family member returned from hospital care relapses and behavioural problems occur

The Foundation is also investigating the use of families as volunteers in a possible family-to-family support programme in Uganda. The use of peers whether they are individuals, or family units, is viewed by the Foundation as an important tool in low income countries is providing low cost and this sustainable support.

4

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Achievements and performance

Grants from the Foundation to programmes in Uganda, East Africa, during this period of time have produced significant achievements.

Grants from the Foundation have enabled the resettlement of people with serious mental illness from the national mental hospital in Kampala, Uganda, an institution with 550 beds but with over 950 patients living in dehumanising and degrading conditions, back to their families and communities. Grants to YouBelong Uganda provide the resources to help to prevent patients recovering from serious mental illness from relapse and return to institutional care.

Grants from the Foundation have also enabled:

5

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Financial review

The results and financial position of the Foundation are shown on the Statement of Financial Activities and the Balance sheet on pages 9 and 10.

Income for the period was $1,422 and expenditure was $98,885. The net result was a deficit of $97,463.

The main source of funding in the financial period to date was the use of reserve funds.

The income received in the financial period of this report was restricted due to the impact of COVID-19. Funds granted to Uganda were applied to the salaries of the community mental health team of YouBelong-Uganda for its work in assisting people with severe mental illness, particularly during COVID-19 conditions. It was also applied to salaries for a driver, one administration assistant in Uganda, security guards for the Ugandan office building, rent payments, legal fees, and accountancy fees. Income was also applied to the purchase of a minibus to transport mental patients from the hospital institution to the community.

A commitment for further funding has been made to the Foundation by the Hintze Family Charitable Fund. As well, professional fundraising will assist in expanding the sources of funds for the Foundation.

Reserves policy

The Trustees have reviewed the Foundation's requirement for reserves in line with guidance from the Charity Commission. They are comfortable that in holding such reserves the Foundation is financially able to continue its work in 2021/2022.

The Foundation has completed five years of operation and is beginning its operations on a small scale. As the Foundation is operating on minimum overheads, the Trustees feel it is appropriate to operate on the basis of a minimum of three months funds in reserve at any one time. This position will be reviewed in the coming year, depending upon the level of funding that the Foundation receives in 2022 and any change in overheads in the next financial year.

The Foundation has commitments from various philanthropists to provide a level of funding that will allow current programme activity to continue for the next financial year.

Investment policy

The Foundation does not hold any investments and so has no investment policy at this stage.

6

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

Plans for the future

In its sixth year of operation, the Foundation aims to continue to develop a new community-based mental health care model in Uganda, and East Africa, and to build upon the programmes currently funded.

As part of this aim, the Trustees are particularly interested in providing grants in the next financial year that focus on combating the deep social stigma attached to serious mental illness in Uganda.

In developing a new model of community-based mental health care, it will be important to attempt to shift the emphasis of many people away from their reliance on traditional healers and faith healers, who often exploit the population by demanding high payments for their services and with promises of healing which does not eventuate. The Trustees are convinced that programmes designed to educate the general community and primary health care workers about the causes and treatment of mental health must be based in a local cultural framework, considering the powerful impact that cultural understanding of mental illness has on the population in East Africa.

The Trustees are conscious that shifting the behaviour of people away from traditional healers and faith healers and towards primary health care workers trained in mental health is a major task and see that the Foundation’s role in funding programmes in this area will be an important part of the task in shifting to a new model of care that does not rely on institutional care.

The Trustees will also focus on the development of evaluation models to ensure that the Foundation’s funding of programmes is seen to have a measurable and tangible result in line with the objectives of the Foundation.

In the next financial year, the Trustees intend to broaden the funding base of the Foundation beyond the Hintze Family Charitable Foundation. While it is anticipated that a further grant of money will be provided by the Hintze Family Charitable Foundation, research grant applications have also been submitted to bodies such as the Medical Research Council in the UK, and other research grant applications are pending.

A major fundraising program, run by a professional fundraiser is currently underway in the UK, in the hope that an increased span of philanthropic funding will occur, and thus strengthen the funding base for YouBelong. The Trustees have produced a short DVD of its objectives to promote the Foundation’s work in assisting vulnerable people in need in East Africa. This short video will be used in the fundraising campaign.

By broadening the funding base of the Foundation, the Trustees hope to be able to fund additional programmes in East Africa to continue to fulfil the objects of the Foundation. Responding to the mental health needs of people in Uganda and throughout East Africa, due to COVID-19, is very much in the forefront of the response to mental health needs in Uganda, by the trustees.

On behalf of the board of trustees

.............................. Doctor A Jenkins Trustee 5/19/2022 Dated: .........................

7

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF YOUBELONG

I report to the trustees on my examination of the financial statements of YouBelong (the charity) for the year ended 31 August 2021.

Responsibilities and basis of report

As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

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

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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

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 financial statements to be reached.

----------------------------Mark Lynskey Bruton Charles

18/5/22

Dated: .........................

8

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2021

Notes
Incoming resources from generated funds
Donations and grants receivable
2
Investment income
3
Total incoming resources
Resources expended
4
Costs of generating funds
Costs of generating donations and legacies
Grant funding consultancy
Net incoming resources available
Charitable activities
Grants payable
Chief executive salary
Chief executive travelling costs
Total charitable expenditure
Governance costs6
Total resources expended
Net income for the year/
Net movement in funds
Fund balances at 1 September 2020
Fund balances at 31 August 2021
2021
$
1,392
30
1,422
9,064
-
9,064
(7,642)
79,000
-
-
79,000
10,821
98,885
(97,463)
128,399
30,936
2020
$ 169,636
269
169,905
13,500
1,688
15,188
154,717
99,500
-
24,211
123,721
9,525
148,434
21,471
106,928
128,399

9

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

BALANCE SHEET

AS AT 31 AUGUST 2021

Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due within
one year
9
Total assets less current liabilities
Income funds
Unrestricted funds
2021
$
46,436
(15,500)
$
30,936
30,936
30,936
2020
$ 143,899
(15,500)
$ 128,399
128,399
128,399

The accounts were approved by the Trustees on .........................

.............................. Doctor A Jenkins Trustee

10

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2021

1 Accounting policies

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with 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 UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102),the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The charity constitutes a public benefit entity as defined by FRS 102.

1.2 Incoming resources

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, grants, legacies and other forms of voluntary income are recognised as incoming resources when receivable, except insofar as they are incapable of financial measurement.

1.3 Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

Resources expended are allocated between Direct Charitable costs, Charitable Support costs, Governance costs and Management and Administrative costs.

Direct Charitable costs represent the core charitable activity costs directly incurred in carrying out the charitable objectives. Charitable Support costs are those that represent costs in respect of activities that support the core activities, not necessarily the direct charitable work. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. Management and administration costs are those costs incurred in running the office, which itself supports the local charity work carried out.

2 Donations and legacies

Donations and gifts
Grants receivable for core activities
2021
$
1,392
-
1,392
2020
$ 69,636
100,000
169,636

11

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2021

3 Investment income

4 Bank interest receivable
Total resources expended
Costs of generating funds
Costs of generating donations and legacies
Investment management costs
Total
Charitable activities
Grants payable
Grant funding of activities
Chief executive travelling costs
Activities undertaken directly
Governance costs (note 6)
Other
costs
$
9,064
-
9,064
-
-
-
10,821
19,885
Grant
funding
$
-
-
-
79,000
-
79,000
-
79,000
2021
$
30
Total
2021
$
9,064
-
9,064
79,000
-
79,000
10,821
98,885
2020
$ 269
Total
2020
$ 13,500
1,688
15,188
99,500
24,221
123,721
9,525
148,434

12

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021

5
Grants payable
Grants payable (refer to annexed data)
6
Governance costs
Accountancy fees
Bank charges
Legal & professional
Foreign exchange fluctuations
Total
2021
$
79,000
2021
$
7,649
590
2,469
113
10,821
Total
2020
$ 99,500
2020
$ 10,177
234
-
(886)
9,525

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration during the period.

8 Employees

YouBelong does not have any employees of its own as it is a very small organisation. The chair of the trustees and the other trustees carry out any necessary executive work for the charity unpaid. The CEO has not been paid salary so as to allow for as much funding as possible to be provided for the charity’s objectives.

9 Creditors: amounts falling due within one year 2021 2020
$ $
Loans payable 15,500 15,500

13

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

ANNEXED YOUBELONG UGANDA OPERATING DATA

FOR THE YEAR ENDED 31 AUGUST 2021

STATEMENT OF FINANCIAL ACTIVITIES
Incoming resources from generated funds
Donations and legacies
Incoming resources from charitable activities
Total incoming resources
Resources expended
Charitable activities
Direct charitable activities
Charitable support costs
Total charitable expenditure
Governance costs
Management and administrative costs
Total resources expended
Net expenditure for the year/
Net movement in funds

Fund balances at 1 September 2020
Fund balances at 31 August 2021
2021
$
28,469
102,000
130,469
85,223
13,281
98,504
6,666
19,782
124,952
5,517
45,433
50,950
2020
$ 37,403
99,500
136,903
102,895
11,805
114,700
8,514
22,238
145,452
(8,549)
53,982
45,433

14

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

ANNEXED YOUBELONG UGANDA OPERATING DATA

FOR THE YEAR ENDED 31 AUGUST 2021

TOTAL RESOURCES EXPENDED

Direct Charitable activities
Technical director
Motor vehicles depreciation
CEO accommodation and security
Local travelling costs
Motor vehicle costs
Drivers allowances
Insurances – staff and vehicles
Consultancy costs
Food and clothing for resettled patients
Pre and post discharge costs
Occupational therapist
Nursing costs
Local IRB and UNCST fees (ethics)
Clinical advisors
Policy advisors
Social workers
Research and data costs
Training costs
Legal set up costs
cHaRISMA project costs
Total
Charitable support costs
Office manager
Plant and equipment depreciation
Fixtures and fittings depreciation
Security and maintenance staff
Office security and maintenance costs
Cleaners and janitor’s fees
Staff development and welfare
Total
Staff
costs
$
18,910
9,000
1,930
-
4,845
4,419
14,568
-
-
53,672
-
-
2,753
3,931
6,684
Other
costs
$
7,367
9,483
3,102
45
-
-
435
-
7,286
3,833
-
-
-
31,551
1,501
1,505
3,591
6,597
Total
Total
2021
2020
$
$ 18,910
30,453
7,367
6,579
9,000
4,500
9,483
2,158
3,102
4,744
1,930
2,806
45
938
-
-
-
-
435
-
4,845
4,913
4,419
10,496
-
2,300
7,286
3,833
4,785
14,568
18,124
-
-
-
-
-
-
-
10,099
85,223
102,895
-
-
1,501
1,955
1,505
1,505
-
-
3,591
4,659
2,753
2,445
3,931
1,241
13,281
11,805
Total
2020
$ 30,453
6,579
4,500
2,158
4,744
2,806
938
-
-
-
4,913
10,496
2,300
4,785
18,124
-
-
-
10,099
-
1,955
1,505
-
4,659
2,445
1,241
11,805

15

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

ANNEXED YOUBELONG UGANDA OPERATING DATA

FOR THE YEAR ENDED 31 AUGUST 2021

TOTAL RESOURCES EXPENDED (CONTINUED)

Governance costs
Local accounting fees
Finance and human resource fees
Management and administration costs
Office hire and rent
IT services
Office supplies and stationery
Telephone, internet, electricity & water
Bank charges & foreign exchange
Staff
costs
$
5,132
5,132
Staff
costs
$
-
Other
costs
$
1,534
1,534
Other
costs
$
10,453
4,689
1,078
2,138
1,424
19,782
Total
2021
$
1,534
5,132
6,666
Total
2021
$
10,453
4,689
1,078
2,138
1,424
19,782
Total
2020
$ 1,460
5,132
1,922
8,514
Total
2020
$ 15,000
2,842
2,145
1,915
336
22,238

16

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

ANNEXED YOUBELONG UGANDA OPERATING DATA

FOR THE YEAR ENDED 31 AUGUST 2021

BALANCE SHEET
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Net current assets
Creditors
Total assets less current liabilities
Income funds
Unrestricted funds
2021
$
1,666
26,017
$
23,267
27,683
-
50,950
50,950
50,950
2020
$ 1,666
20,401
$ 23,366
22,067
-
45,433
45,433
45,433

17

DocuSign Envelope ID: 899983C2-B9EA-4923-9246-724F2A04337B

YOUBELONG

ANNEXED YOUBELONG UGANDA OPERATING DATA FOR THE YEAR ENDED 31 AUGUST 2021

BALANCE SHEET DATA

Tangible fixed assets
Plant and
machinery
Fixtures,
fittings &
equipment
Motor
vehicles
$
$
$
Cost
At 1 September 2020
8,090
10,032
32,363
Additions
-
-
10,273
At 31 August 2021
8,090
10,032
42,636
Depreciation
At 1 September 2020
5,213
5,095
16,810
Charge for the year
1,501
1,505
7,367
At 31 August 2021
6,714
6,600
24,177
Net book value
At 31 August 2021
1,376
3,432
18,459
At 31 August 2020
2,876
4,937
15,553
Debtors
2021
$
Prepayments and recoverable URA payment
1,666
Total
$
50,485
10,273
60,758
27,118
10,373
37,491
23,267
23,366
2020
$ 1,666

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