## **Trustees’ Annual Report for the period:**
**From:** 27[th] July 2023 **To:** 31[st] March 2025
**Charity name:** The Fundo Foundation 159 Holtye Road East Grinstead RH19 3ER
## **Charity registration number:** 1204990
**Trustees:** Mark Francis, Rachel Selleck, Asiku Gift Omela, Kathryn Asiku, Emily Brooks, Jeremy Ellwood.
## **Structure, Governance and Management**
We have 4 trustees based in the UK, where the principal office is, and 2 trustees in Uganda. The trustees receive no remuneration or financial benefit from the charity.
We operate as a CIO and have a constitution dated 27[th] September 2023.
Any new trustees must be appointed by a resolution passed at a properly convened meeting of the charity trustees.
## **Objectives and Activities**
The charity’s purpose is the prevention or relief of poverty in Fundo and the Ma’di District in Uganda by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty. We aim to advance the education of children and young people in any part of the world, particularly, but not exclusively in Fundo and the Ma’di District, by the provision of funding for qualified teachers, buildings and essential equipment.
This financial year we have:
- Sponsored 30 young people to go to secondary school in Uganda. Many children from Fundo do not have the opportunity to go to secondary school because of the cost.
- Provided food (maize porridge) for Fundo Primary School so that the children are able to have a meal at school every day, which also is an incentive for the children to attend school.
- Provided funding for the Primary School for two rainwater tanks, so that the children can have access to clean water at school all year round.
- Supplied basic materials like notebooks, pens, hygiene supplies and sanitary products for the pupils at Fundo Primary School.
## **Achievements and Performance**
We have started up a Sponsorship Scheme so that people who donate to the charity can sponsor an individual through secondary school. This is growing year on year.
We have partnered with two UK schools, Hildenborough Primary School and Brambletye School, and one church, Market Harborough Methodist Church, to help with fundraising and raise the profile of the charity.
Some of our trustees and other supporters of the charity have competed in triathlons 10K runs and other sponsored events in order to raise funds for the charity.
We have seen an improvement in school attendance and a reduction in drop-out rates in Fundo. We now have record numbers of children completing Fundo Primary School and reaching the required standard to sit the Uganda Primary Leaving Exam, with a significant number of these being girls.
## **Financial Review**
The bank balance at the end of March 2025 was £9,746.61.
## Income
We raised a total of £4,726 from various run raising events including:
£956.70 from a triathlon
£282.41 from a 10K run
£164.60 from Hildenborough School
We also received £19,679.90 in donations to general funds, as well as £2,341 towards sponsorship fees for secondary students and £90 for meals.
There was £700 donated for another primary school in Uganda, Sanctuary Junior School, which we have visited and developed links with.
We also received £75 compensation payment from Lloyds bank due to the difficulties in opening the bank account.
The total amount of money raised from July 2023 to March 2025 was £27,611.90.
## Expenses
In total we transferred £16,700 to Uganda, £700 which was for Sanctuary Junior School and the remaining £16,000 for Fundo Primary School and for secondary school fees.
£500 was spent sending school uniform to Uganda.
£481.77 was spent on advertising, including buying banners and sponsored T-shirts for running events.
£146.25 was spent on half marathon entry fees.
£37.27 was spent on sponsorship packs for those sponsoring students.
The total amount of money spent from July 2023 to March 2025 was £17,865.29
## Money Spent in Uganda
Of the £16,000 sent to Uganda (which amounted to $20,122.13 at the current exchange rates):
$13,869 was spent on secondary school fees.
$162.85 was spent on bank fees from exchanging the money.
The remainder of $6,080 was spent on maize porridge for school meals and buying learning materials and hygiene products for the children, like toothbrushes, toothpaste and sanitary pads. Also $196 of this amount went to a new teaching assistant who started in January 2025.
We have a reserves policy that states that we are reserving £8,066.67 in the bank account, in order to pay for at least one term of school fees, meals for students and other supplies that they may need.
## **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)** Emily Brooks
**Position (eg. Secretary,** Treasurer **Chair, etc) Date** 26/01/2026
**THE FUNDO FOUNDATION 1204990 Receipts and payments accounts For the period** 27/07/2023 31/03/2025 **To from**
## **CC16a**
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**19,680**
**-**
**4,726**
**75**
**-**
**-**
**-**
**-**
**24,481**
**-**
**-**
**-**
**24,481**
**13,606**
**-**
**482**
**146**
**500**
**-**
**-**
**-**
**-**
**14,734**
**-**
**-**
**-**
**14,734**
**9,747**
**-**
**-**
**9,747**|**Restricted**
**funds**
**to the nearest £**
**700**
**2,341**
**-**
**90**
**-**
**-**
**-**
**3,131**
**-**
**-**
**-**
**3,131**
**3,094**
**37**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**3,131**
**-**
**-**
**-**
**3,131**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**20,380**
**2,341**
**4,726**
**75**
**90**
**-**
**-**
**-**
**27,612**
**-**
**-**
**-**
**27,612**
**16,700**
**37**
**482**
**146**
**500**
**-**
**-**
**-**
**-**
**17,865**
**-**
**-**
**-**
**17,865**
**9,747**|**Total funds**
**to the nearest £**
**20,380**
**2,341**
**4,726**
**75**
**90**
**-**
**-**
**-**
**27,612**
**-**
**-**
**-**
**27,612**
**16,700**
**37**
**482**
**146**
**500**
**-**
**-**
**-**
**-**
**17,865**
**-**
**-**
**-**
**17,865**
**9,747**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|DONATIONS|**19,680**|||||**-**|
|SPONSORSHIP|**-**|||||**-**|
|FUNDRAISING|**4,726**|||||**-**|
|COMPENSATION|**75**|||||**-**|
|MEALS|**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**24,481**|||||**-**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||||||
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**-**|
|**_Total receipts_**
**A3 Payments**|||||||
|||||||**-**|
||||||||
|DISBURSED TO UGANDA|**13,606**|||||**-**|
|SPONSORSHIP PACKS|**-**|||||**-**|
|ADVERTISING|**482**|||||**-**|
|MARATHON COST|**146**|||||**-**|
|UNIFORM|**500**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**14,734**|||||**-**|
||||||||
|**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_**|||||||
|||||||**-**|
||||||||
||**9,747**|**-**|**-**|
**9,747**||**-**|
||**-**|**-**|**-**|**-**||**-**|
||**-**|**-**|**-**|**-**||**-**|
||**9,747**|**-**|**-**|**9,747**||**-**|
CCXX R1 accounts (SS)
26/01/2026
1
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
CASH AT BANK
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**9,747**
**-**
**-**
**-**
**-**
**-**
**9,747**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
EmilyBrooks
Mark Francis|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
||||26/01/2026|
||||26/01/2026|
|||||
CCXX R2 accounts (SS)
26/01/2026
2
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ members of**
Charity Name The Fundo Foundation
31/03/2025
**On accounts for the year ended Charity no (if any)**
## **1204990**
## **Set out on pages**
1-2
(remember to include the page numbers of additional sheets)
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2025.
As the charity trustees of the Trust, 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._
**Signed:**
**Date:**
21/01/2026
**Name:**
Carol Bagshawe
**Relevant professional qualification(s) or body (if any):** 1 **October 2018**
**IER**
**Address:**
The Coach House, Barredale Court
Turners Hill Road
East Grinstead, RH19 4LX
**Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**October 2018**
**IER**