## ## |||Page|| |---|---|---|---| |Report of the Trustees|1|to|5| |Independent Examiner's Report||6|| |Statement of Financial Activities||7|| |Balance Sheet|8|to|9| |Notes to the Financial Statements|10|to|16| |Detailed Statement of Financial Activities|17|to|18| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||31/3/23|31/3/22| |---|---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total|Total| |||funds|fund|fund|funds|funds| ||Notes|£|£|£|£|£| |**INCOME AND**||||||| |**ENDOWMENTS FROM**||||||| |Donations and legacies||5,299|||5,299|47,191| |Investment income|3|45,919|||45,919|40,951| |**Total**||51,218|||51,218|88,142| |**EXPENDITURE ON**||||||| |**Charitable activities**||||||| |Social work activities||39,427|||39,427|33,090| |Costs in furtherance o f charity's||||||| |object's||9,033|||9,033|5,619| |Other||(8,351)|||(8,351)|15,494| |**Total**||40,109|||40,109|54,203| |**NET INCOME**||11,109|||11,109|33,939| |**Transfers between funds**|12||1,400|(1,400)||| |**Net movement in funds**||11,109|1,400|(1,400)|11,109|33,939| |**RECONCILIATION OF**||||||| |**FUNDS**||||||| |Total funds brought forward||175,355|10,242|109,351|294,948|261,009| |**TOTAL FUNDS CARRIED**||||||| |**FORWARD**||186,464|11,642|107,951|306,057|294,948| ## ## ||||||31/3/23|31/3/22| |---|---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total|Total| |||funds|fund|fund|funds|funds| ||Notes|£|£|£|£|£| |**FIXED ASSETS**||||||| |Tangible assets|8|76,377|||76,377|76,378| |Investments|9|71|||71|70| |||76,448|||76,448|76,448| |**CURRENT ASSETS**||||||| |Debtors|10|2,020||−|2,020|1,927| |Cash at bank||119,477|11,642|107,951|239,070|225,970| |||121,497|11,642|107,951|241,090|227,897| |**CREDITORS**||||||| |Amounts falling due within one||||||| |year|11|(11,481)|||(11,481)|(9,397)| |**NET CURRENT ASSETS**||110,016|11,642|107,951|229,609|218,500| |**TOTAL ASSETS LESS**||||||| |**CURRENT LIABILITIES**||186,464|11,642|107,951|306,057|294,948| |**NET ASSETS**||186,464|11,642|107,951|306,057|294,948| |**FUNDS**|12|||||| |Unrestricted funds|||||186,464|175,355| |Restricted funds|||||11,642|10,242| |Endowment funds|||||107,951|109,351| |**TOTAL FUNDS**|||||306,057|294,948| ## ## ## ## ## ## ## ## ## ## ## ## ## ||The Income and Expenditure Account stated in Uganda shillings is translated into P
rate as follows:−|ound Sterling|at an aver| |---|---|---|---| |||31/3/22|31/3/22| |||Ushs.|Ushs.| ||1 Pound Sterling|4,680|4,742| ||The year end exchange rates used to convert all Statement o f Financial Position items are as follows:−||| |||31/3/22|31/3/22| |||Ushs.|Ushs.| ||1 Pound Sterling|4,680|4,742| |**3.**|**INVESTMENT INCOME**||| |||31/3/23|31/3/22| ||Rents received|42,884|35,946| ||Deposit account interest|3,035|5,005| |||45,919|40,951| |**4.**|**NET INCOME/(EXPENDITURE)**||| ||31/3/23|31/3/22| |---|---|---| |Auditors' remuneration|342|342| |Depreciation −owned assets|1,009|1,025| |Other operating leases|1,959|| ## ## ## ## ## |31/3/23|31/3/22| |---|---| |1|1| |**7.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL **|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL **|**ACTIVITIES**||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total| |||funds|fund|fund|funds| ||**INCOME AND ENDOWMENTS FROM**||||| ||Donations and legacies|47,191|||47,191| ||Investment income|40,951|||40,951| ||**Total**|88,142|||88,142| ||**EXPENDITURE ON**||||| ||**Charitable activities**||||| ||Social work activities|33,090|||33,090| ||Costs in furtherance of charity's object's|5,619|||5,619| ||Other|15,494|||15,494| ||**Total**|54,203|||54,203| ||**NET INCOME**|33,939|||33,939| ||**Transfers between funds**||7,833|(7,833)|| ||**Net movement in funds**|33,939|7,833|(7,833)|33,939| ||**RECONCILIATION OF FUNDS**||||| ||**Total funds brought forward**||||| ||As previously reported|167,079|2,409|117,184|286,672| ||Prior year adjustment|(25,663)|||(25,663)| ||As restated|141,416|2,409|117,184|261,009| ||**TOTAL FUNDS CARRIED FORWARD**|175,355|10,242|109,351|294,948| ## ## ## |**TANGIBLE FIXED ASSETS**||||| |---|---|---|---|---| ||||Fixtures|| ||Freehold|Long|and|| ||property|leasehold|fittings|Totals| |**COST**||||| |At 1st April 2022|49,026|71,191|333|120,550| |Exchange differences|418|589|3|1,010| |At 31st March 2023|49,444|71,780|336|121,560| |**DEPRECIATION**||||| |At 1st April 2022|17,445|26,625|102|44,172| |Charge for year|506|480|23|1,009| |Exchange differences|1|I|−|2| |At 31st March 2023|17,952|27,106|125|45,183| |**NET BOOK VALUE**||||| |At 31st March 2023|31,492|44,674|211|76,377| |At 31st March 2022|31,581|44,566|231|76,378| |**FIXED ASSET INVESTMENTS**|| |---|---| ||Listed| ||investments| |**MARKET VALUE**|| |At 1st April 2022|70| |Exchange differences|1| |At 31st March 2023|71| |**NET BOOK VALUE**|| |At 31st March 2023|71| |At 31st March 2022|70| ## ## |**10.**|**DEBTORS: AMOUNTS FALLING D**|**UE WITHIN ONE YE**|**AR**||| |---|---|---|---|---|---| |||||31/3/23|31/3/22| ||Trade debtors|||1,357|1,273| ||Tax|||663|654| |||||2,020|1,927| |**I I .**|**CREDITORS: AMOUNTS FALLING **|**DUE WITHIN ONE **|**YEAR**||| |||||31/3/23|31/3/22| ||Trade creditors|||10,027|8,004| ||Accrued expenses|||1,454|1,393| |||||11,481|9,397| |**12.**|**MOVEMENT IN FUNDS**||||| ||||Net|Transfers|| ||||movement|between|At| |||At 1/4/22|in funds|funds|31/3/23| |||£|£|£|£| ||**Unrestricted funds**||||| ||General fund|175,355|11,109||186,464| ||**Restricted funds**||||| ||Revaluation reserve fund|10,242||1,400|11,642| ||**Endowment funds**||||| ||Endowment Fund||||| |||109,351||(1,400)|107,951| ||**TOTAL FUNDS**|294,948|11,109||306,057| ||Net movement in funds, included in the above are as follows:||||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund||51,218|(40,109)|11,109| ||**TOTAL FUNDS**||51,218|(40,109)|11,109| ## ## ## ## |||Prior|Net|Transfers|| |---|---|---|---|---|---| |||year|movement|between|At| ||At 1/4/21|adjustment|in funds|funds|31/3/22| ||£|£|£|£|£| |**Unrestricted funds**|||||| |General fund|167,079|(25,663)|33,939||175,355| |**Restricted funds**|||||| |Revaluation reserve fund|2,409|||7,833|10,242| |**Endowment funds**|||||| |Endowment Fund|||||| ||117,184|||(7,833)|109,351| |**TOTAL FUNDS**|286,672|(25,663)|33,939||294,948| |Comparative net movement in funds, included in the above are as follows:|||||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||_£_|_£_|_£_| |**Unrestricted funds**|||||| |General fund|||88,142|(54,203)|33,939| |**TOTAL FUNDS**|||88,142|(54,203)|33,939| |||Prior|Net|Transfers|| |---|---|---|---|---|---| |||year|movement|between|At| ||At 1/4/21|adjustment|in funds|funds|31/3/23| ||£|£|£|£|£| |**Unrestricted funds**|||||| |General fund|167,079|(25,663)|45,048||186,464| |**Restricted funds**|||||| |Revaluation reserve fund|2,409|||9,233|11,642| |**Endowment funds**|||||| |Endowment Fund|||||| ||117,184|||(9,233)|107,951| |**TOTAL FUNDS**|286,672|(25,663)|45,048||306,057| ## ## ## ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|139,360|(94,312)|45,048| |**TOTAL FUNDS**|139,360|(94,312)|45,048| ## ## ## ## ## ## ||31/3/23|31/3/22| |---|---|---| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|5,299|47,191| |**Investment income**||| |Rents received|42,884|35,946| |Deposit account interest|3,035|5,005| ||45,919|40,951| |**Total incoming resources**|51,218|88,142| |**EXPENDITURE**||| |**Charitable activities**||| |Wages|3,077|1,529| |Rates and water|745|2,673| |Postage and stationery|54|| |Education costs|23,768|6,239| |Social welfare costs|1,976|18,549| |Medical costs|9,807|4,100| ||39,427|33,090| |**Other**||| |Rent & rates|1,959|| |Repairs, maintenance and administration|2,325|2,615| |Exchange differences|(14,230)|11,854| |Taxation|585|| |Freehold property|507|520| |Long leasehold|480|479| |Fixtures and fittings|23|26| ||(8,351)|15,494| |**Support costs**||| |**Finance**||| |Bank charges|207|92| |**Other**||| |Administration costs|3,652|2,842| |**Governance costs**||| |Auditors' remuneration|342|342| |Carried forward|342|342| ## ## ||31/3/23|31/3/22| |---|---|---| |**Governance costs**||| |**Brought**forward|342|342| |Accountancy and professional fees|4,832|2,343| ||5,174|2,685| |Total resources expended|40,109|54,203| |**Net income**|11,109|33,939|