Trustees’ annual report for the period
From 01/01/2024 Period start date, to 31/12/2024 Period end date
Charity name: Old Budonian Association UK Charity registration number: 1194661
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | For the public benefit to advance the education of the pupils at King’s College & Budo Junior Schools ("the schools") in Kampala, Uganda in such ways as the trustees think fit, including awarding to pupils at the school scholarships, bursaries, assisted places, maintenance allowances or grants on the basis of financial need to enable them to attend the school and to advance the education of the pupils at the school by providing and assisting in the provision of facilities for education at the school. |
| Summary of the main activities in relation to those purposes for the public benefit the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The main activity was to raise money to help the school in particular, a payment was made to buy furniture for the computer library at Budo Junior School, and this is clearly listed or identified in the annual accounts |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In planning and deciding the activity to carry out for the year we kept in mind the Charity Commission’s guidance on public benefit at our trustee meeting also known as the ‘OBA Executive Meeting’ |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 |
| Policy on social investment including program related investment |
Para 1.38 | We have also highlighted a few areas that need social investment, and a committee has been setup to come up with social activities to get Old Budonian together and in turn raise funds for this charity. |
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | All the work carried out is voluntary work and no trustee or member of the charity is paid for the work they do. Without this valuable contribution of time, energy, and expertise we would not have been able to achieve our aims and objectives. |
| Other |
Achievements and Performance
| SORP reference |
|||
|---|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Membership: We managed to register more ‘Old Budonian’ in UK that are now affiliated to this charity and ready to support the charity causes. This also means more subscription fees and donations which one of the main sources of income. Memorabilia: An effort was made to purchase memorabilia printed with the school logo. This is normally sold to members and is another income stream for the charity. Fundraising: A lot of fundraising gets done especially when members meet up for charity activities like the AGM. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 |
| Investment performance against objectives |
Para 1.41 | |
|---|---|---|
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Cash at bank at 31/12/2024 was £10,925 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The policy for holding reserves is to spend 10% of the income earned every year on projects at the schools being funded. This way we hope to grow the reserves until deemed enough to start a big, useful, and memorable project at the schools. |
| Amount of reserves held | Para 1.22 | Currently the reserves held amount to £10,925 being the balance caried forward to 2025. |
| Reasons for holding zero reserves |
Para 1.22 | Not Applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The main financial risk to the charity is loss of income from member subscription and reduced donations |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
The main source of income is donation from the individual members, sales from memorabilia. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (Trust deed, royal charter) |
Para 1.25 | Constitution |
How is the charity constituted? (e.g., unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation (CIO) |
| Trustee selection methods including details of any constitutional provisions e.g., election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | This is an exercise carried out at the AGM and this is result of a show of hands from the members interested in becoming trustees |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Old Budonian Association UK |
|---|---|
Other name the charity uses |
N/A |
Registered charity number |
1194661 |
Charity’s principal address |
61 Bridge Street Kington Herefordshire HR5 3DJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Winifred Bemba Kagere | Chairman | |||
| Flavia Nambi Tenya | Vice-Chairman | |||
| Ssejuuko Dennis Kitamirike |
Secretary | |||
| Fred G Buwembo | Treasurer | |||
| Abdul Walugembe Kateregga |
||||
| Moses Benjamin Kajubi | ||||
| Edwin Dhauke | ||||
| Paul Orone Egaru | ||||
| Samuel Magembe Kabiswa |
||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Dates acted if not for
Trustee name
whole ear
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this fall within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (e.g., Secretary, Chair, etc) Date |
Fresd G Buwembo | |
|---|---|---|
| Fred G Buwembo | ||
Treasurer |
||
| 10/10/2025 | ||
| 10/10/2025 |
Old Budonian Association .UK
No (if any)
Receipts and payments accounts
| For the period from |
For the period from |
01-Jan-24 Period start date |
01-Jan-24 Period start date |
To | 31-Dec-24 Period end date |
||
|---|---|---|---|---|---|---|---|
| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ 810 564 - - 1,209 144 - - 2,727 - - - 2,727 255 156 22 40 306 149 240 - 1,168 - - - 1,168 1,559 - - 1,559 |
|||
| Members' Donations | 810 | - | - | 810 | |||
| Public Donations & Contributions | 564 | - | - | 564 | |||
| Amazon Smile | - | - | - | - | |||
| Profit from Memorabilia | |||||||
| Fund-raising: | - | - | - | - | |||
| FundraisingDance | 1,209 | - | - | 1,209 | |||
| Memorbilia Credit | |||||||
| Profit from Memorabilia | 144 | - | - | 144 | |||
| One -off donation to Budo(Sheila Gilbert) | - | - | - | - | |||
| One -off donation to Budo | - | - | - | - | |||
| Sub total(Gross income for AR) | 2,727 |
- | - | 2,727 | |||
| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | |||||||
| Sub total | - | ||||||
| Total receipts A3 Payments |
|||||||
| OBA Wagepage Subscription fee | 255 | - | - | 255 | |||
| Annual Zoom Subscription | 156 | - | - | 156 | |||
| Ghost Mail(OBA Emails) | 22 | - | - | 22 | |||
| GDPR - Data Protection Fees | 40 | - | - | 40 | |||
| Memorabilia Purchased | 306 | - | - | 306 | |||
| OBA Banner | 149 | - | - | 149 | |||
| AGM Organisation | 240 | - | - | 240 | |||
| OBA Card Reader | - | - | - | - | |||
| **Sub total ** | 1,168 | - | - | 1,168 | |||
| A4 Asset and investment purchases,(see table) |
|||||||
| - | |||||||
| - | |||||||
| **Sub total ** | - | ||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| 1,559 | - | - | 1,559 | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| 1,559 | - | - | 1,559 |
CCXX R1 accounts (SS)
10/10/2025
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
OBC - Uganda Water- Sanitation Project(WATSAN) Charity 's Reserves (Net worth) Details Details Stock of Memorabilia at Cost Retained Earnings Net Cash for year (Bank) Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds to nearest £ 2,910 - - 2,910 Agreement Error Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Unrestricted Fund Unrestricted Fund Fund to which liability relates Unrestricted Fund Restricted Income Unrestricted Fund |
Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) 928 10,925 - - - - - - - Amount due (optional) - 20 10,925 - |
| OBC - Uganda | Unrestricted Fund | - | |
| Water- Sanitation Project(WATSAN) | Restricted Income | 20 | |
| Charity 's Reserves (Net worth) | Unrestricted Fund | 10,925 | |
| - |
Signed by one or two trustees on behalf of all the trustees
Signature
Print Name
Fred G Buwembo
Fred G Buwembo
CCXX R2 accounts (SS)
10/10/2025
2
CC16a
Last year
to the nearest £
590 620 44 1,115 90 223 500 3,182
3,182
22 143 - - 12 95 272
272 2,910 - - 2,910
CCXX R3 accounts (SS)
10/10/2025
3
Endowment funds to nearest £
OK
Endowment funds to nearest £
-
Current value (optional) - - - - -
Current value (optional) - - - - - - -
When due (optional)
Date of approval
07/07/2025
CCXX R4 accounts (SS)
10/10/2025
4