OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

RESOURCE UGANDA

Report of the trustees for the year ending 31st December 2023

The trustees of Resource Uganda present their annual report and accounts for the year ended 31st December 2023 and confirm they comply with the requirements of the Charities Act 2011 and with the charity’s constitution.

Resource Uganda is a Charitable Incorporated Organisation, registered with the Charity Commission of England and Wales, no.1170995.

Registered address: Dyer’s House, Itton, Chepstow, NP16 6BP Names of trustees:

Benjamin Peter Gordon Daniel James Hoyle Christopher Matthew Toller Philpot Anna Elizabeth Hogan

CHARITY STRUCTURE

Resource Uganda is formed of a core group of dedicated volunteers who believe passionately in the aims and the values of the organisation (outlined below). This group meets quarterly, often remotely, and remains in contact on an ongoing basis. During these meetings, the volunteers discuss charity priorities and activities, fundraising opportunities and finances. This approach allows for strong interactions with Ugandan partners and ensures that any decisions that are made regarding the management of the charity are informed by the views of those most committed to the mission of Resource Uganda. A General Meeting is held annually to develop the core mission and strategy of the charity, as well as undertaking regular business.

The charity trustees are selected from individuals who are involved with the charity and have demonstrated a commitment to the aims and vision of Resource Uganda. This ensures that those acting as trustees will be suitably involved in the work of the charity. In addition to this, trustees are also selected with due regard to the skills, knowledge and experience needed for effective administration of the charity.

OUR AIMS

Resource Uganda is based on the belief that the local church has the power to change the world. Our aim is to resource the church to do more, and to have an even greater impact. The objects of Resource Uganda are:

1

OUR VALUES

All of Resource Uganda’s activities are guided by our values:

God-centred

First and foremost we are God-centred. God is the reason we do what we do and He breathes purpose and direction to everything we do.

Sustainable

We want to build things that will stand the test of time, which will bear fruit into the future. We’ll always support and develop local leaders who will be there when we can't be.

Compassionate

We love and care for all people. All our projects are designed to serve the neediest with the help they so desperately need.

Local church

We believe the local church is the hope of the world and God’s plan A. We will always forge strategic partnerships with local churches.

Transparent

We are committed to being a good steward of our donors’ money and making sure every pound goes to where it’s needed the most.

ACTIVITIES AND ACHIEVEMENTS

There have been a lot of encouraging developments over 2023, made possible by the generosity of our donors and a huge amount of hard work from the team in Uganda. These include:

2

and purchase items including a motorbike and a cow. The aim for 2024 is to save at least 30 million UGX.

FINANCES

The financial statements (annexed to this report) show net incoming resources for the year of £10,738. The principal source of income is charitable donations, accounting for 58% of Resource Uganda’s income. Other sources include grants, sponsored events and sales of items made by the Mukisa Women’s group.

3

The total expenditure for the year amounted to £9,989. 100% of expenditure went directly to Uganda through grants to Ministry Resourcing International.

Resource Uganda’s Reserves Policy is to hold three months’ committed expenditure of our main partner (Ministry Resourcing International) at any one time. Resource Uganda does not hold any funds as a custodian trustee.

4

RESOURCE UGANDA (1170995) Receipt and Payment Accounts

For the period 1 January - 31 December 2023

Receipts and Payments

Receipts Receipts Receipts Receipts Receipts
Unrestricted Funds
To the nearest £
Restricted Funds
To the nearest £
Total funds
To the nearest £
FYE 2022
To the nearest £
Charitable donations £6,250 £0 £6,250 £4,546
Sponsored events £2,395 £0 £2,395 £0
Trading £85 £0 £85 £130
Grants £2,000 £0 £2,000 £2,000
Gift Aid 1 £0 £0 £0 £801
Interest £7 £0 £7 £1
Total receipts £10,738 £0 £7,477
Payments
Grants to Ministry
Resourcing
International
£9.989 £0 £9.989 £8,883
Administration £0 £0 £0 £0
Fundraising costs £0 £0 £0 £35
Total payments £9,989 £0 £9,989 £8,883
Net of receipts /
payments
£748 £0 £748 £(1,407)
Transfers between
funds
£0 £0 £0 £0
Cash funds last year
end
£1,749 £0 £1,749
Cash funds this year
end
£2,497 £0 £2,497

Statement of assets and liabilities at the end of the period

Cash funds

Unrestricted Funds
To the nearest £
Restricted Funds
To the nearest £
Total
To the nearest £
Cash in bank 2 £1,788 £0 £1,788
Reserves £709 £0 £709
Total £2,497 £0 £2,497

Other monetary assets

Nil

Investment assets

Nil

Assets retained for the charity’s own use

Nil

Liabilities

Nil

Notes

1 Gift aid of £1,225 has been reclaimed for this accounting period, but was debited in the 2024 financial year.

2 Cash in the bank is reflective of our schedule for Grants to Uganda. The first payment is due on 1 January each year, a day after the end of the reporting period.

Accounts are prepared on a receipt and payment basis.

Amounts are rounded to the nearest whole pound.

Independent examination has not been carried out as income is below the required threshold.

For purposes of The Charitable Incorporated Organisations (General) Regulations 2012, the trustees can confirm Resource Uganda has no outstanding debts or liabilities.

Signed by Daniel Hoyle on behalf of the trustees

Date: 16 January 2024