||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1 to 6|
|Report ofthe|Independent|Auditors|Ttog|
|Consolidated|Statement|of Financial
Activities||
|Consolidated|and Charity|Balance Sheet||
|Consolidated|Cash Flow|Statement|12|
|Notes to the|Consolidated|Cash Flow Statement|13|
|Notes to the|Consolidated|Financial Statements|14to 24|
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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total funds|Total funds|
||||||Notes|fund
f|funds|||
|INCOME AND ENDOWMENTS||||FROM||||||
|Donations
and legacies||||||900,107||900,107|883,416|
|Charitable
activities||||||||||
|Luwero project||||||811||811|749|
|Jinja project|||||||||10|
|Buikwe District Fisheries||Community||||||||
|Development
Program|(BDFCDP)||||||||43,452|
|Uganda
Sanitation
Health||Activity|||||90,548|90,548|102,473|
|Investment
income||||||204||204|159|
|Other income||||||4,812||4,812|9,422|
|Total||||||905,934|90,548|996,482|1,039,681|
|EXPENDITURE ON||||||||||
|Raising funds||||||25,558||25,558|24,967|
|Charitable
activities||||||||||
|Luwero project||||||280,805||280,805|235,352|
|Jinja project||||||212,924||212,924|221,584|
|Bugembe
UN Habitat project||||||25,981||25,981|33,164|
|Operations
and Maintenance|||(Luuka)|||155,691||155,691|103,478|
|Uganda
Sanitation
Health||Activity||||43,836|91,742|135,578|142,582|
|Buyende||||||259,938||259,938|188,768|
|Total||||||1,004,733|91,742|1,096,475|949,895|
|NET INCOME/(EXPENDITURE)||||||(98,799)|(1,194)|(99,993)|89,786|
|RECONCILIATION
OF|FUNDS|||||||||
|Total funds brought forward||||||204,789|16,630|221,419|131,633|
|TOTAL FUNDS CARRIED FORWARD||||||105,990|15,436|121,426|221,419|
##
||||Group|||Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
|||Notes||F|||
|FIXEDASSETS|||||||
|Tangible assets||14|61,648|40,722|38,419|19,656|
|Programme
related investments||15|25,489|23,761|||
|CURRENT ASSETS|||||||
|Stocks|||8,898|10,192|||
|Debtors: amounts|falling due within one year|17|17,630|11,863|||
|Cash at bank|||119,178|219,004|48,596|171,086|
||||145,706|241,059|48,596|171,086|
|CREDITORS|||||||
|Amounts
falling due within one year||18|(111,417)|(84,123)|(20,189)|(20,290)|
|NET CURRENT ASSETS|||34,289|156,936|28,407|150,796|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||121,426|221,419|66,826|170,452|
|NET ASSETS|||121,426|221,419|66,826|170,452|
|FUNDS|19||||||
|Unrestricted
funds|||105,990|204,789|66,826|170,452|
|Restricted funds|||15,436|16,630|||
|TOTAL FUNDS|||121,426|221,419|66,826|170,452|
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||Notes|F|F|
|Cash flows from operating|||activities:||||||
|Cash generated|from|operations|||||~65,406)|154,856|
|Net cash provided
by (used in) operating|||||||||
|activities|||||||~65,406)|154,856|
|Cash flows from investing|||activities:||||||
|Purchase oftangible||fixed assets|||||(34,624)|(39,162)|
|Interest received|||||||204|159|
|Net cash provided
by (used in) investing|||||||||
|activities|||||||~34,420)|~39,003)|
|Change
in cash|and|cash|equivalents|in the|||||
|reporting
period|||||||(99,826)|115,853|
|Cash and cash|equivalents||at the beginning||of||||
|the reporting
period|||||||219,004|103,151|
|Cash and cash|equivalents||at the end|ofthe|||||
|reporting
period|||||||119,178|219,004|
##
##
||RECONCILIATION|OF|NET
INCOME/(EXPENDITURE)|NET
INCOME/(EXPENDITURE)|NET
INCOME/(EXPENDITURE)|TO|NET|CASH|FLOW
FROM|OPERATING|
|---|---|---|---|---|---|---|---|---|---|---|
||ACTIVITIES||||||||||
||||||||||2022|2021|
||||||||||f||
||Net income/(expenditure)||for the reporting||period (as per|the|statement||||
||offinancial activities)||||||||(99,993)|89,786|
||Adjustments
for:||||||||||
||Depreciation
charges||||||||15,243|11,924|
||Interest received||||||||(204)|(159)|
||Exchange movement|on social||investment|||||(1,728)|1,663|
||Exchange movement|on fixed assets|||||||(1,545)|1,209|
||(Increase)/decrease|in stocks|||||||1,294|2,321|
||(Increase)/decrease|in debtors|||||||(5,767)|18,738|
||Increase
in creditors||||||||27,294|29,374|
||Net cash provided|by (used in) operating|||activities||||~66.406)|154,856|
|2.|ANALYSIS OF CHANGES||IN|NET FUNDS|||||||
||||||||At|1/4/21|Cash flow|At 31/3/22|
|||||||||F||f|
||Net cash||||||||||
||Cash at bank||||||219,004||(99,826)|119,178|
||Total||||||219,004||~99,826)|119.178|
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##
|DONATIO|NS
AND L|EGACIES|||
|---|---|---|---|---|
||||2022
f|2021
f|
|Donations|and grants|received - UK|872,526|849,757|
|Donations|received —Uganda||1,101|447|
|Donations|in kind —Uganda|||6,837|
|Local funding
partners||- Uganda (See note below)|26,480|26,3?5|
||||900,107|883,416|
##
|INVESTMENT INCOME||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021|
||||||||F||F|
|Deposit account interest||||||||204|159|
|INCOME FROM CHARITABLE|ACTIVITIES|||||||||
||||||||2022||2021|
||Activity||||||F||F|
|Sale ofspares & pumps|Luwero|project||||||811|749|
|Sale ofspares 8 pumps|Jinja project||||||||10|
|Local contract income|Buikwe|District Fisheries||||Community|||43,452|
||Development||Program||(BDFCDP)|||||
|Grant income|Uganda|Sanitation||Health||Activity (USAID)|90,548||102,473|
||||||||91,359||146,684|
|||||2022|2021|
|---|---|---|---|---|---|
|||||F|f|
|CAMEO-AID||||10,168|26,375|
|Nankandulo|Child Development||Centre|4,750||
|Let the Children||Ministry||3,628||
|Walubo Jude||||3,373||
|Nelia Children||Ministry||4,561||
|||||26,480|26,375|
##
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##
|Raising d|onations|and l|eg|acies||||
|---|---|---|---|---|---|---|---|
|||||||2022
f|2021
f|
|Trustee's|remuneration|||||25,558|24,967|
|||||||25,558|24,967|
|CHARITABLE ACTIVITIES||||COSTS||||
||||||Direct costs|Support costs|Totals|
||||||f|(See note 8)|f|
|Luwero project|||||268,257|12,548|280,805|
|Jinja project|||||206,650|6,274|212,924|
|Bugembe|UN Habitat project||||24,637|1,344|25,981|
|Operations|and Maintenance|||(Luuka)|148,521|7,170|155,691|
|Uganda
Sanitation||Health|Activity||129,752|5,826|135,578|
|Buyende|||||248,287|11,651|259,938|
||||||1,026,104|44,813|1,070,917|
##
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##
|SUPPORT COSTS||||||
|---|---|---|---|---|---|
|||||Governance||
|||Staff costs|Other costs|costs
f|Totals
f|
|Luwero project||9,198|1,058|2,292|12,548|
|Jinja project||4,599|529|1,146|6,274|
|Bugembe
UN Habitat project||985|113|246|1,344|
|Operations
and Maintenance|(Luuka)|5,256|604|1,310|7,170|
|Uganda
Sanitation
Health
Activity||4,270|492|1,064|5,826|
|Buyende||8,541|981|2,129|11,651|
|||32,849|3,777|8,187|44,813|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)
is stated after||charging/(crediting):||||
|||||2022
f|2021
f|
|Depreciation
-owned assets:|Uganda|||6,286|6,080|
|Depreciation —owned assets:|UK|||8,957|5,844|
|Auditors'
remuneration
- UK||||4,200|4,200|
|Auditors'
remuneration
- Uganda||||3,987|3,987|
##
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##
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||fund
F|funds
f|funds
F|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||||883,416||883,416|
|Charitable
activities|||||||
|Luwero project||||749||749|
|Jinja project||||10||10|
|Buikwe District Fisheries|Community||Development|43,452||43,452|
|Program
(BDFCDP)|||||||
|Uganda
Sanitation
Health|Activity||||102,473|102,473|
|Investment
income||||159||159|
|Other income||||9,422||9,422|
|Total||||937,208|102,473|1,039,681|
|12.|COMPARATIVES
FOR THE|COMPARATIVES
FOR THE|COMPARATIVES
FOR THE|STATEMENT OF FINANCIAL ACTIVITIES —continued|STATEMENT OF FINANCIAL ACTIVITIES —continued|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
|||||||F||
||EXPENDITURE ON|||||||
||Raising funds||||24,967||24,967|
||Charitable
activities|||||||
||Luwero project||||235,352||235,352|
||Jinja project||||221,584||221,584|
||Bugembe
UN Habitat|project|||33,164||33,164|
||Operations
and Maintenance|||(Luuka)|103,478||103,478|
||Uganda
Sanitation
Health||Activity||33,780|108,802|142,582|
||Buyende||||188,768||188,768|
||Total||||841,093|108,802|949,895|
||NET INCOME/(EXPENDITURE)||||96,115|(6,329)|89,786|
||RECONCILIATION
OF FUNDS|||||||
||Total funds brought|forward|||108,674|22,959|131,633|
||TOTAL FUNDS CARRIED||FORWARD||204,789|16,630|221,419|
|TANGIBLE FIXEDASSET|S —Group|||||
|---|---|---|---|---|---|
||Tools,|||||
||equipment
&|Office furniture||Computer||
||machinery
F|8 equipment
f|Motor vehides|equipment
f.|Totals|
|COST||||||
|At 1 April 2021|32,455|12,917|83,776|11,999|141,147|
|Additions
Exchange differences|443
669|304
~1)|32,930
774|947
103|34,624
1,545|
|At 31 March 2022|33,567|13,220|117,480|13,049|177,316|
|DEPRECIATION||||||
|At 1 April 2021|25,153|10,366|54,917|9,989|100,425|
|Charge for year|~1236|419|12,685|903|15,243|
|At 31 March 2022|26,389|10,785|67,602|10,892|115,668|
|NET BOOK VALUE||||||
|At 31 March 2022|7,178|2,435|49,878|2,157|61,648|
|At 31 March 2021|7,302|2,551|28,859|2,010|40,722|
##
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##
|SOCIAL INVESTMENTS - Group|||
|---|---|---|
||Programme||
||related|Totals|
||investments||
|MARKET VALUE|||
|At 1 April 2021|23,761|23,761|
|Exchange differences|1,728|1,728|
|At 31 March 2022|25,489|25,489|
|NET BOOK VALUE|||
|At 31 March 2022|25,489|25,489|
|At 31 March 2021|23,761|23,761|
##
##
|STOCK|S - Group|||
|---|---|---|---|
|||2022|2021|
||||f|
|Finished|goods|8,898|10,192|
##
|||Group|Group|Charity|.|Charity|
|---|---|---|---|---|---|---|
|||2022|2021|2022||2021|
|||F|E|||E|
|Other|debtors|17,630|11,863||||
|||17,630|11,863||||
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
|||||F|F||
|Trade creditors|||59,683|40,072|||
|Microfinance|Revolving|fund|25,489|23,761|||
|Accruals and|deferred|income|8,489|8,590|8,489|8,590|
|Other creditors|||17,756|11,700|11,700|11,700|
||||111,417|84,123|20,189|20,290|
##
##
|MOVEMENT|IN FU|NDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Net movement||
|||||||||At 1/4/21|in funds
f|At 31/3/22
f|
|Unrestricted|funds||||||||||
|General
fund||||||||204,789|(98,799)|105,990|
|Restricted funds|||||||||||
|Kaliro project
Uganda
Sanitation||Health||Activity||||15,436
1,194|~1.194)|15,436|
|||||||||16,630|(1,194)|15,436|
|TOTAL FUNDS||||||||221,419|~99,993)|121.426|
|Net movement|in funds,||included|||in|the above|are as follows:|||
|||||||||Incoming|Resources|Movement
in|
|||||||||resources|expended
f|funds
F|
|Unrestricted|funds||||||||||
|General fund||||||||905,934|(1,004,733)|(98,799)|
|Restricted funds|||||||||||
|Uganda
Sanitation||Health||Activity||||90,548|(91,742)|(1,194)|
|TOTAL FUNDS||||||||996,482|1,096,475|~99,993)|
|Comparatives|for|movement|||in|funds|||||
||||||||||Net movement||
|||||||||At 1/4/20|in funds|At 31/3/21|
||||||||||F|F|
|Unrestricted|Funds||||||||||
|General fund||||||||108,674|96,115|204,789|
|Restricted Funds|||||||||||
|Kaliro project||||||||15,436||15,436|
|Uganda
Sanitation||Health||Activity||||7,523|(6,329)|1,194|
|TOTAL FUNDS||||||||131,633|89,786|221,419|
|Comparative|net movement|||in|funds,||included|in the above are as follows:|||
|||||||||Incoming|Resources|Movement
in|
|||||||||resources|expended|funds
f|
|Unrestricted|funds||||||||||
|General fund||||||||937,208|(841,093)|96,115|
|Restricted funds|||||||||||
|Uganda
Sanitation||Health||Activity||||102,473|(108,802)|(6,329)|
|TOTAL FUNDS||||||||1,039,681|)949,895)|89,786|
##
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|A summary
ofthe results ofthe subsid|iary
(before consolidation
a|djustments)
is shown below:||
|---|---|---|---|
|||2022|2021|
|||f|E|
|Income
Expenditure||949,139
~960,476)|930,311
~930,552)|
|Surplus/(Deficit)||~11,337)|~241)|
|The aggregate ofthe assets, liabilities|and funds was:|||
|||2022|2021|
|||F|E|
|Assets
Liabilities||114,956
~91,228)|98,898
~63,833)|
|Funds||23,728|35,065|