||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1to6|
|Report ofthe|Independent|Auditors|7to 9|
|Consolidated|Statement|of Financial Activities|10|
|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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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total funds|Total funds|
||||||fund|funds|||
|||||Notes|f||||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies|||||1,013,881||1,013,881|900,107|
|Charitable
activities|||||||||
|Luwero project|||||927||927|811|
|Jinja project|||||||||
|Uganda
Sanitation
Health|Activity|||||44,087|44,087|90,548|
|Investment
income|||||1,357||1,361|204|
|Other income|||||4,889||4,889|4,812|
|Total|||||1,021,054|44,091|1,065,145|996,482|
|EXPENDITURE ON|||||||||
|Raising funds|||||25,000||25,000|25,558|
|Charitable
activities|||||||||
|Luwero project|||||377,567||377,567|280,805|
|Jinja project|||||249,994||249,994|212,924|
|Bugembe
UN Habitat project||||||||25,981|
|Operations
and Maintenance||(Luuka)|||184,900||184,900|155,691|
|Uganda
Sanitation
Health|Activity||||16,939|42,478|59,417|135,578|
|Buyende||||||||259,938|
|Other project areas|||||176,915||176,915||
|Total|||||1,031,315|42,478|1,073,793|1,096,475|
|NET INCOME/(EXPENDITURE)|||||(10,261)|1,613|(8,648)|(99,993)|
|TRANSFER BETWEEN FUNDS|||||15,436|(15,436)|||
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought forward|||||105,990|15,436|121,426|221,419|
|TOTAL FUNDS CARRIED|FORWARD||||111,165|1,613|112,778|121,426|
##
||||Group|||Charity|
|---|---|---|---|---|---|---|
|||Notes|2023
F|2022
f|2023
f|2022|
|FIXEDASSETS|||||||
|Tangible assets||14|48,545|61,648|28,814|38,419|
|Programme
related investments||15|25,653|25,489|||
|CURRENT ASSETS|||||||
|Stocks|||12,898|8,898|||
|Debtors: amounts|falling due within one year|17|24,991|17,630|||
|Cash at bank|||142,120|119,178|82,565|48,596|
||||180,009|145,706|82,565|48,596|
|CREDITORS|||||||
|Amounts
falling due within one year||18|(141,429)|(111,417)|(21,688)|(20,189)|
|NET CURRENT ASSETS|||38,580|34,289|60,877|28,407|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||112,778|121,426|89,691|66,826|
|NET ASSETS|||112,778|121,426|89,691|66,826|
|FUNDS||19|||||
|Unrestricted
funds|||111,165|105,990|89,691|66,826|
|Restricted funds|||1,613|15,436|||
|TOTAL FUNDS|||112,778|121,426|89,691|66,826|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes||f|
|Cash flows from operating|activities:||||||
|Cash generated
from operations|||||27,584|~65,406)|
|Net cash provided
by (used in) operating|||||||
|activities|||||27,584|~65,406)|
|Cash flows from investing|activities:||||||
|Purchase oftangible
fixed assets|||||(6,003)|(34,624)|
|Interest received|||||1,361|204|
|Net cash provided
by (used in) investing|||||||
|activities|||||~4,642)|~34,420)|
|Change
in cash and cash|equivalents|in the|||||
|reporting
period|||||22,942|(99,826)|
|Cash and cash equivalents|at the beginning||of||||
|the reporting
period|||||119,178|219,004|
|Cash and cash equivalents|at the end|ofthe|||||
|reporting
period|||||142,120|119,178|
##
|1.|RECONCILIATION|OF|NET|INCOME/(EXPENDITURE)|INCOME/(EXPENDITURE)|TO|NET|CASH|FLOW
FROM|OPERATING|
|---|---|---|---|---|---|---|---|---|---|---|
||ACTIVITIES||||||||||
||||||||||2023|2022|
||||||||||E|F|
||Net income/(expenditure)||for the reporting||period (as per|the|statement||(8,648)|(99,993)|
||offinancial activities)||||||||||
||Adjustments
for:||||||||||
||Depreciation
charges||||||||15,681|15,243|
||Interest received||||||||(1,361)|(204)|
||Loss on disposal of|fixed assets|||||||6,552||
||Exchange movement|on social investment|||||||(164)|(1,728)|
||Exchange movement|on fixed assets|||||||(3,127)|(1,545)|
||(Increase)/decrease|in stocks|||||||(4,000)|1,294|
||(Increase)/decrease|in debtors|||||||(7,361)|(5,767)|
||Increase
in creditors||||||||30,012|27,294|
||Net cash provided|by (used in) operating|||activities||||27,584|~65,406)|
|2.|ANALYSIS OF CHANGES||IN NET FUNDS||||||||
||||||||At|1/4/22|Cash flow|At 31/3/23|
|||||||||F|E|F|
||Net cash||||||||||
||Cash at bank||||||119,178||22,942|142,120|
||Total||||||119,178||22,942|142,120|
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|DONATIONS|AND L|EGACIES||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||||||||||F|
|Donations
and|grants|received|- UK||||995,793||872,526|
|Donations
received —Uganda||||||||5,649|1,101|
|Local funding|partners|- Uganda|(See note below)||||12,439||26,480|
||||||||1,013,881||900,107|
|INVESTMENT|INCOME|||||||||
|||||||||2023|2022|
|||||||||E|F|
|Deposit account interest||||||||1,361|204|
|INCOME FROM CHARITABLE|||ACTIVITIES|||||||
|||||||||2023|2022|
||||Activity|||||F|F|
|Sale ofspares|& pumps||Luwero|project||||927|811|
|Grant income|||Uganda|Sanitation|Health|Activity (USAID)|44,087||90,548|
||||||||45,014||91,359|
|Local funding
partners||in Uganda|include:|||||||
||||||||2023||2022|
||||||||E||F|
|Africa Moslem|Agency||||||8,685|||
|Hajat Haehira|||||||3,754|||
|CAMEO-AID|||||||||10,168|
|Nankandulo
Child Development|||Centre||||||4,750|
|Let the Children|Ministry||||||||3,628|
|Walubo Jude|||||||||3,373|
|Nelia Children|Ministry||||||||4,561|
||||||||12,439||26,480|
##
|Raising|donations
and|legacies|
|---|---|---|
|Trustee's|remuneration||
##
##
##
||||||||Direct costs|Support costs|Totals|
|---|---|---|---|---|---|---|---|---|---|
|||||||||(See note 8)||
||||||||F|F|F|
|Luwero|project||||||349,256|28,311|377,567|
|Jinja project|||||||236,140|13,854|249,994|
|Operations||and Maintenance|||(Luuka)||171,046|13,854|184,900|
|Uganda|Sanitation||Health|Activity|||55,200|4,217|59,417|
|Other project areas|||||||176,915||176,915|
||||||||988,557|60,236|1,048,793|
|SUPPORT||COSTS||||||||
|||||||||Governance||
|||||||Staff costs|Other costs|costs|Totals|
||||||||f.|f||
|Luwero|project|||||15,337|9,126|3,848|28,311|
|Jinja project||||||7,505|4,466|1,883|13,854|
|Operations||and Maintenance|||(Luuka)|7,505|4,466|1,883|13,854|
|Uganda|Sanitation||Health|Activity||2,285|1,359|573|4,217|
|||||||32,632|19,417|8,187|60,236|
##
##
|Net income/(expenditure|)
is stated after charging/(crediting):|||
|---|---|---|---|
|||2023|2022|
|Depreciation
-owned|assets: Uganda|6,076|6,286|
|Depreciation
—owned|assets: UK|9,605|8,957|
|Auditors'
remuneration|- UK|4,200|4,200|
|Auditors'
remuneration|- Uganda|3,987|3,987|
##
##
##
|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||F|F|
|Wages and salaries - UK||||57,100|56,875|
|Wages and salaries - Uganda||||303,744|273,554|
|Social Security costs|- UK|||532|1,307|
|Social Security costs|- Uganda|||17,077|19,214|
|Pension costs - UK|||||225|
|||||378,453|351,175|
|No employees
received emoluments||in excess off60,000.||||
|The average
monthly|number ofemployees||during the year was as follows:|||
|||||2023|2022|
|UK||||2|2|
|Uganda||||55|60|
##
||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||fund|funds|funds|
||||||E|F||
|INCOME|AND ENDOWMENTS|||FROM||||
|Donations|and legacies||||900,107||900,107|
|Charitable|activities|||||||
|Luwero project|||||811||811|
|Uganda
Sanitation||Health|Activity|||90,548|90,548|
|Investment|income||||204||204|
|Other income|||||4,812||4,812|
|Total|||||905,934|90,548|996,482|
##
||||||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||fund|funds|funds|
||||||||||F|F|F|
|EXPENDITURE ON||||||||||||
|Raising funds|||||||||25,558||25,558|
|Charitable
activities||||||||||||
|Luwero project|||||||||280,805||280,805|
|Jinja project|||||||||212,924||212,924|
|Bugembe
UN Habitat||project|||||||25,981||25,981|
|Operations
and Maintenance||||(Luuka)|||||155,691||155,691|
|Uganda
Sanitation|Health||Activity||||||43,836|91,742|135,578|
|Buyende|||||||||259,938||259,938|
|Total|||||||||1,004,733|91,742|1,096,475|
|NET INCOME/(EXPENDITURE)|||||||||(98,799)|(1,194)|(99,993)|
|RECONCILIATION|OF FUNDS|||||||||||
|Total funds brought||forward|||||||204,789|16,630|221,419|
|TOTAL FUNDS CARRIED|||FORWARD||||||105,990|15,436|121,426|
|RESULTS OF PARENT CHARITABLE|||||COMPANY|||||||
|The total income of|the parent|||charitable|company||was F997,009and net surplus|||was f22,866.||
|TANGIBLE FIXED|ASSETS —Group|||||||||||
|||||Tools,||||||||
|||||equipment
&||Office furniture||||Computer||
|||||machinery|||8 equipment||Motor vehicles|equipment|Totals|
||||||||F||F|F||
|COST||||||||||||
|At 1 April 2022||||33,567|||13,220||117,480|13,049|177,316|
|Additions|||||1,382|||153|3,091|1,377|6,003|
|Disposals
Exchange differences||||(3,798)
1,316||||33|(2,754)
1,781|~3)|(6,552)
3,127|
|At 31 March 2023||||32,467|||13,406||119,598|14,423|179,894|
|DEPRECIATION||||||||||||
|At 1 April 2022||||26,389|||10,785||67,602|10,892|115,668|
|Charge for year|||||968|||417|13,183|1,113|15,681|
|At 31 March 2023||||27,357|||11,202||80,785|12,005|131,349|
|NET BOOK VALUE||||||||||||
|At 31 March 2023|||||5,110||2,204||38,813|2,418|48,545|
|At 31 March 2022|||||7,178||2,435||49,878|2,157|61,648|
##
##
##
##
|SOCIAL INVESTMENTS - Group|||
|---|---|---|
||Programme||
||related|Totals|
||investments||
|MARKET VALUE|||
|At 1 April 2022|25,489|25,489|
|Exchange differences|164|164|
|At 31 March 2023|25,653|25,653|
|NET BOOK VALUE|||
|At 31 March 2023|25,653|25,653|
|At 31 March 2022|25,489|25,489|
##
##
##
|2023|2022|
|---|---|
|F|F|
|12,898|8,898|
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023
F|2022
F|2023
f|2022|
|Other|debtors|24,991|17,630|||
|||24,991|17,630|||
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2023|2022|2023|2022|
||||F|Z|F||
|Trade creditors|||84,246|59,683|||
|Microfinance|Revolving|fund|25,653|25,489|||
|Accruals and|deferred|income|8,188|8,489|8,188|8,489|
|Other creditors|||23,342|17,756|13,500|11,700|
||||141,429|111,417|21,688|20,189|
##
|19.|MOVEMENT||IN FUNDS|IN FUNDS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Net movement|Transfer||
|||||||||||At 1/4/22|in funds|between
funds|At 31/3/23|
|||||||||||||F|E|
||Unrestricted||funds|||||||||||
||General
fund|||||||||105,990|(10,261)|15,436|111,165|
||Restricted funds|||||||||||||
||Kaliro project|||||||||15,436||(15,436)||
||Uganda
Sanitation|||Health||Activity|||||1,613||1,613|
|||||||||||15,436|1,613||1,613|
|||||||||||121,428|8,648||112,778|
||Net movement||in funds,||included|||in|the above|are as follows:||||
||||||||||||Incoming|Resources|Movement
in|
||||||||||||resources|expended
f|funds
F|
||Unrestricted||funds|||||||||||
||General
fund||||||||||1,021,054|(1,031,315)|(10,261)|
||Restricted funds|||||||||||||
||Uganda
Sanitation|||Health||Activity|||||44,091|(42,478)|1,613|
||TOTAL FUNDS||||||||||1,065,145|(1,073,793)|~8,648)|
||Comparatives||for|movement|||in|funds||||||
|||||||||||||Net movement||
||||||||||||At 1/4/21|in funds|At 31/3/22|
||||||||||||F|F|P|
||Unrestricted||Funds|||||||||||
||General
fund||||||||||204,789|(98,799)|105,990|
||Restricted Funds|||||||||||||
||Kaliro project||||||||||15,436||15,436|
||Uganda
Sanitation|||Health||Activity|||||1,194|(1,194)||
||TOTAL FUNDS||||||||||221,419|~99,993)|121,426|
||Comparative|net movement||||in|funds,||included|in the above are|as follows:|||
||||||||||||Incoming|Resources|Movement
in|
||||||||||||resources|expended|funds|
||||||||||||F||P|
||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|
##
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##
|ANALY|SIS OF GROUP NET ASSETS BETWEE|N FUNDS|||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|||funds|funds|Total|
||||F||
|Fund balances at 31 March 2023 are|||||
|represented
by:|||||
|Tangible|fixed assets|48,545||48,545|
|Programme
related investments||25,653||25,653|
|Current|assets|178,396|1,613|180,009|
|Current|liabilities|~141,429)||~141,429)|
|||111,165|1,613|112,778|
##
##
|A summary
of|the results ofthe subsid|iary
(before consolidation
a|djustments)
is shown
below:||
|---|---|---|---|---|
||||2023|2022|
|Income
Expenditure|||939,793
~929,856)|949,139
~960.476)|
|Surplus/(Deficit)|||9,937|~11,337)|
|The aggregate|ofthe assets, liabilities|and funds was:|||
||||2023|2022|
|||||f|
|Assets
Liabilities|||149,230
~119,741)|114,956
~91,228)|
|Funds|||29,489|23,728|