12120123. 10..93APA WÈvfjFDFknllWor Ch•rfty reglstratlon numbor NtC10741Q Company reulsiralton number N1647123 INorthern lrnl•#dl KUTUNZA WATOTO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 1W20123. 11>.33AM WavePDFAnnvl*ar KUTUNZA WATOTO LEGAL AND ADMINISTRATIVE INFORMATION Trustegs MrJLo Mts R Lth￿y Savelary Mis$AL Chaflty number N1¢107410 Company number N1647123 UrAtA3 17 Heron Ro*J 8eW8St Bf3 gLE Indqpendent•xamtn•r Hartinson m￿hOR8￿j C¢nirepolnt 24 OmeauA¥orAJe Bdtsst North8m Ireland BT2 8HS 2112 1212orL3. 1pa3￿4 WavePDFAnnlll&tar KUTUNZA WATOTO CONTENTS Pag• Ir(thpendert¢xarrinetsT8w¢ ststen*rtoffinwKlo18¢1i￿￿e￿ StalemBrrt of w5ibo Notes to lheffiarb￿ Sltsnuts hityaJlaththwonls.vftkn.ngVu￿￿%4oon￿s￿jVrnE￿P￿u￿rfTrlOYPthd-AIm￿￿Q4￿JJzWGMwm￿￿￿FrnLbNmlmsU1mTl*3YlJJN1£Q￿AaAwDLP￿lPUhcRSXOXwrM3w... 3112 12Q0121 fN.'33AM WA¥oPDFNnnotstsr KUTUNZA WATOTO TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDEO 31 MARCH 2023 ThelrLk8tees presantthelr amual report and finarri￿ 5tatemefits fcf the yearerKled 31 March 2Q23. Ihe ffnanoJ stslemenls haye been prepared in accordance wth the aGwunlirvJ polic￿5 sei out in note 1 to the financial statemerrts and Com￿Y wth the tharivs A¢tides ofAs50a218d. the Compani8sAcl 2006 and'Accounting and Rew)rbng by ChaTrbes'. Statemenl of RecommeThJed Pracuce gpplICab￿ lo charitie$ pr&paring iheir actaunls accordarts Mth the Financial Reporting Slandard appliCa￿e in the UK and Republic of Ireland IFRS 11r21' (as amen¢led for armJntDy periods commenGing Irom 1 January 20161 Oblethvas and actl¥llle# The charty's objects are to p￿Ote the foll￿9 pvrsA%esfor ts pthfic bEnerrt'. the rel￿f¢fp0VertY on tha COn￿ent ofAfrica and through¢ut tha wortd.. Ihe rdiel ol those in need by r8a50n tsf youth. age. ill beallh. diSa￿lIty, finandal hardshlp or Olher di5advÈniage on the continent olAfnca'. the educaknon oflhe general publK ￿ Nc*them Ireland regarding povety and tha needs oflhe p¢We of the ry)nbnent ofAfTrca.' dnd 4 5uth Qlher exdu*vdy purpose KwT(liThJ lo the Law of Northern Irekind as ts Dilect￿5 may from lime10 limedeclde. The trustees have regard to gwdanc8 Issued by th¢ Charity Commi55ion in deading acU¥￿e9 th8 clkqrity should undertake. A¢hkvements and perfo￿aTr¢e Flnartcial revlew The re5￿ts forlhe year qre seiouton page 3. The truste8$' pcllcy is lo ensure that sufficient unrestrr¢ted ￿SerVeS *e avwlable lo eovweore admini&tratson. fund- i5ing and support Costs. witMut which Ihe th2rity could not function. and to wovIde for known future deveknpmenls. liaknlitiès and urKertain1￿s. The ￿Ve$ of reserves is reviewed iJn an Ong￿ng basis. The Iru51ees have assessed the majar risks to the charity 58 expDsed. and are sèbsf*d th* systems ao in rAace tOm￿gate extK>sure lo the majorrisks. structu￿￿ gov•manco and m•Thagement charity 15 a comwy limited by guarantee and wa5 incorpoiaied cn 27 Jijly 2017. There are 3 Imstees and tws tTusbÈs can be appoinledal 0 6wrfy corLver*l meeting in aC￿dan￿ with the charfty'sArhdes ofA5$0clahon. The trustee$, a￿ 8150 the dired￿S forlhe purpose of company law, and vtho ser¥Ed during thayear ond up to the date of signature ofthe finaroal ststementswere.. Mi55ALowry Mr J LO%￿Y Mr8RLtr None oftha trys￿e$ has any benefioBI inlBrest In ihe CON￿￿. olthe truslees are members oftha company and guarantee io contrti ute £1 In the e¥entof a ￿ndIng up. The iru es report was apwov8d by tho Board DfTrustee8. Mr Trustetr D818. .. 4112 12120r23, tOJ3MI WAvePDFAnnotatsr KUTUNZA WATOTO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KUTUNZA WATOTO report tD the trusteE$ w wr 8xaminabert ofthe finandd 5taierrwts ofKul￿za Woto Ithe charity) for th¢ yearended 31 Marth 2023. ResponslbSlRtes and batsis of report AS the ITu*ee5 of the tharity land 3150 ils dkectcrs lor the pjrposes of company la%vl you are re5Wn*￿e f the pr*p¥r8lion of the financ1￿ slaternenls aThl yeu ha¥0 unydered the ats1il reqitremÈnt of Seclon 65131 of t￿ Charities Ad INII 2008 lthe Acii. Ha¥ing Satisfied auf8efves that the not subjert to audll und mpany la¥v. and 1$ eUgib* for irKlep¢ndent examinaDon. il is our resp)￿￿lIty1ty-. . examiftethe attounts under sactkn 65 ofthe CharitiasAci (Northem Irofand) 2008., . folbw Ihe proce(*Jtes lai¢S down in the get￿￿ Directions given ty the Charty C￿mIsS0￿ for Northem Ireland undersediL* 85191(bl ollhe CharibesAd'. stale vthether parka51ar matters have cometoourattention. Indopond•rrtèxaMinef8 St8temgrt We hav8 examined your th8rity accowt¥ as rety*ed under SedK)n 65 of tha cforitss Act and our examinalton was carr*d out in accordarKe wlh the general DErec*ons gbven by the Chanty CornmissKfi for Northem IrelarKi uThJer seuion 6519llbl of the Cbaritses ACL The examinah.on irKluded a rewew of the acc¢unbng records keplby the charrty and a cryrparistsn ofthe accounts present￿ those record$. It 81s0 incjuded consideration ofany unusuJ iterns ordigcJosure5 in the ￿L￿nts, ar￿ Seeking exFdanabons frtyn you as chanty tN5tee5 CQrtemThJ any suth m31ter Our rote Is to statevthether any tnatsrial mat￿$ have ￿me th ouratlenbon giving L6 (ause to bdieve.. Thataccounb"ng recordswere not kept in rÈspeci of the ch3nty as required by section 386 oflhe 20C6Acr. or the financial 5talement8 do tThrt8ccord knith those ￿ or That the Iinanual stslemenls do nol Cr￿P￿ Ih8 2ccountsng re4uiemenls of section 396 of Ihe Companie$ A¢t 2006 8nd the methods and prilloples of the Charitses s*iement of Recommended Practice apJvbTe to chartties prepanng their ￿unt$ in acctri￿ wlh Finanoal Reporhng stand4rd applt£sbl8 In the UK and Republic of Ireland. Th8t Ihere i5fvrther Info￿ation needed for8 prcperunder51anrfirs oftho aco>Jnts ¢0 be re￿ed. We have cemp￿ted our exanIrt8tion have ro corM*ms in respect ¢f the matters 111 Ity141 listed abo¥e and. In Cor￿e¢&1)n wlth foll￿11n9 th¢ Oireclons of ts ChHrty Cammis%on for Northem IreLqnd, we have found no rnatters Ihat require dravin9 to yourattenlion. Harblnson Mulholland Chartered AcGount•nis Centrewinl 24 Orrne8uA¥ènuq Bewasi Co. Anirim BT2 8HS Ncthefft Ireland Daw. I.S..:.l.l.. It>73 hi*5￿￿￿ment￿N￿.rth4o￿JukJW%4go￿ThOS9￿ul￿EM￿￿uM.￿￿1￿L0spx?Il￿&trA￿￿Ia1zrv￿LW1l¢lNtsuwMb]lll￿MLW￿lmQUxMTrl0Y￿jNABG￿Ql￿￿ADDWH￿cRSxOxS￿rth... 511Z 1*2V123. w￿P0F￿r￿lDr KUTUNZA WATOTO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrfctsd Unrestrtclpd funds funds 2023 Donations arvJ leg￿¥ CP4rhabte 8thib8S 21,184 3.474 Tgl41 in¢ome 24,858 4,267 ctwtsbTe actNities 13.401 10.514 Nrtln¢onW¢expendltw•l fvrthe yelrl Netmov8ff*rEt In fynds 11257 16.2471 Fund balanc8S 4t 1 April 2022 1101 6.237 Fund balances al31 Marth 2023 11.247 The $trtemeniotfin8noal acb¥iti¢$ indudes dl ws and losses recogThs&J in fv ye¥. l inoTh and expeThJfture d8r5ve ftDm ¢•tr￿n9 8&ivth. The ststemEnl of ffnanc481 activitie$ 19) Lws ￿ the re4uuÈments an income ￿ expendibJTe aecolml underthe compan￿SA¢1 2006. ei12 12nQl23. 10..33AM Wa¥oPDFknJtsior KUTUNZA WATOTO STATEMENT OF FINANCIAL POSITION ASA T31 MARCH 2023 2023 2012 Cutrtnta88018 DebloF5 Cash 8tbank8nd in hand 3.130 8.298 8,370 11.428 11.027 Ctedltors.. arno￿￿1￿ falllnll dua ￿thIrt one year 10 11t.03n N8t ￿[rent assetsllliabiliuesl 11.247 Incofflo funds Unrestsid¢d fvnds 71.247 11,247 The ¢￿panY enb"IW ¢0 the exempb.on ftDm the audit requlremenlcon13fned in s￿￿On 477 01lhe CompaniesAct 20(￿. ftrthe year ended 31 Mar¢h 2023. Tretr[￿le&S acknowledge IThe￿ re$pon*kn1itsesf￿en5uring Ihatlhe charity kefjp5 xcountirvJ reeerds which comply wth seGbon 386 of the Act and lor ptEparing ￿Tran031 stelernents whith gNe a Iwe and far view of the stste of rs of the conwany a5 al thè end of the finanrial yearand of its irKorring resour￿ and applic*on olresources, indudirvJ its Incor￿& and expendiluo. for the finanual year in accoTdarhc8 With th? requirements 01S8cti￿s 394 an 395 and olhethise compty swih Ihe reqthrements of Ihe Cownte$Ad 2006 felats"rvJ to finanaal $la￿n(s. $0 faras 8pplicable to the company. The m¢mt*s ha¥È Th)t required thE Clynpany ￿ obtain an audltof its ffnandal statements for the year In in aca¥d•nte saL*cfi 476. Tljese ￿an041 statem￿t$ have been prep*ed fft accordance with the pm¥tsions ap￿Icab￿ to Eompartles subj.ect ttslhe small companie5 regirne. l.¥.-.11-.X)13 al 5tatemern$ apFYov8d by theTftffjt¢¢s on. . MrJ LtyKy TnF5tee Cl>m￿nY r¢ylstraiion number N1647123 hllp¥JlwtsthMBhts￿fftlGP.n￿￿UK￿￿%400nThe5qJoréEfflp￿￿￿.w￿j1wrtBSpX7lÈ￿￿*AD￿1vy￿rf)I2r￿wJ1ic￿GF1¥1￿lQI1ILFmLwNl￿￿￿￿lTr￿y14NABG￿A￿0DLR4IPVheR5KQxWO￿... 7112 ?V20rI3, 10'.33AIA WavoPDFAnnllknr KUTUNZA WATOTO NOTES TO THE FINANGIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcl Cbarfty InfO￿all0￿ Kuiunza 1$ a prNate company Ilmited by guarantee ints)rporaled In Northem I￿￿8nd. The regi$tered offic8 is UThl A3. 17 Heron Road. Belfast. BT3 9L& 1.1 Accountlng convan￿On The finarKial statements have b￿￿ prepared in acrord8nce wllh the Compan*$ Ad 200S and "Aox)tsnhng Repoth"w by Chatibes.. Statement of Recommended Practite 2ppNc¥￿e to charibes preparing their aLt¥)unts in accordance Mth Iha Flnawal Rewrbng siandard 8pplicable in Ihe UK and AepuWi¢ of Ireland IFRS 1021. la5 amended for accountity perfods (#rnM￿oNg fiom 1 Januwy 20161. The charity Is a PU￿ Benefit Enlity as defined by FRS 102. The tharity has taken advantage of Ihe provlshJn8 in the SORP ler th&rili88 athirvJ FRS 102 Upda* Bulw f not to prepare a St8tementef Cash Alyws. The fir￿n￿al ststemew are prepared in $leAlng, whlch r6 Iho funthonal currww of tt* charity. Monetary amounts in these finanoal *temenls are rounded to the neare5t£. The financSal statements have been wepared un¢¢r hisiorical E05t w1Ven￿n. The priropal accounlrg polic￿5 aLlopled are setoul bdw. 1.3 Golllg ¢onc•rn At the time of approving the finane4al statemenls. Ihe tsuslees have a reasonable expectalk?ll that the charity has adequate resources to conlinue in operational 8￿518￿ce fur Ihe foreseeable future_ Thus the tnEtees conlknue ts Èdoptlhe goi￿ con￿￿ ljasls 01acco￿7try in prepartng fin8nrial sWemefiL8. 1.3 Ch#rit*ble funds Unr85tricted knd5 are av8ilat4e for use at Ihe dscrelion of thE tyijstees In *Jrtheran¢* of th*r charitoble acliv8& Restricted fvn(Is are subj.ect lo speofic candtsons by donors a5 to h(AV they may be used. The purpose5 artd usas of Ih? reslrictod funds ar8 sel out In the nDies iothe finanaal 51alemenis Endovnr*nt fund$ are wbject to spedfic condth"on¥ by donars Ihat Ih8 caytsl must be maSnlained by the chanty. 1.4 Incts Ints)me Is recogni88d when the ¢harNy Is legally entiyed kn It after any perf¢*marts condilions hav¢ been mel the arnounls GHn btr measured rdiably. and It Is prOba￿e ￿all￿¢¢m¢ I￿11 be received. Cash donation8 are recognised un reeelpl. OtherécvatiLYi$ 8r? recognised on¢? the c*arfty has been Th)tifi8d of IhE ¢*)n4lion. unle55 performanr* ¢Ond￿onS require ddert81 of the amwnL Inc#me tax recov&rnN8 In reLqtion to dcnatiws T¢¢eived underGiftfvd or deeds ofcovenant Is ro¢ognlsed atthe bme gfthe dmation. LegH¢* are wrmsed w tsoipt Or olh6rwse rf the tharity has been rKtifiBd ol an thyThlirvJ d￿ffibutiOn. the amounl 15 known. receipt 1$ ￿Pecteditie5 are dert￿r￿strd when Ihe cwl's untractL471 oWigatityi$ exp*e ￿ are distharyed or Gartcelled. 911Z 1W2ur23. WovePDFAnnotator KUTUNZA WATOTO NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR E14DED 31 MARCH 2023 Crttlcal 4cGounllng eg¥matss and ludgern¥Dt• In the applicaban ofthe tharity'sacrounUrKJ pa4tie$, the trnsleo5 are required ￿ makejudgemenls. esttinates a￿j as5UmPtions about thÈ taffwng amount of 855815 and li8￿￿S Ihal are not readily apparenl frofft other s￿[￿. The ethmates and a5WUated assumplons are based Dn historical eJPe￿r￿e and otherla¢tOfS that are conwdered lo be relevartAcwal res￿￿ rnay diver Irom these ests.male Thè esiwnates 8TrJ undetyrq a$*nn￿OnS are on w or¥Jolng ba￿8. Re¥i&on$ io ao>)unting ethmaes are rec¢yiised in the peric￿ In which Ihe estimale 18 re¥lsed wfiere the remsion affects ￿lY that period. or in the ol the revi￿On aThJ fulure perKid5 %vhere the rewsb)Th affects bDth current and fijtwe There are no cl￿¢3[a¢¢¢Untsrtg esumates andjudgemei4s. Donattons and legacleg lunds 2023 2022 ￿¢￿a￿L￿8 and gfts 21.184 Chariloble activltits Sale5 OF book5 2023 Sales of books 2022 sa*s￿l￿n charftale *¥ltièS 3.474 4,267 Charf#bleactl¥lll88 2Q23 2022 84 13,317 10.437 13.401 10,514 None of th¢ trusiees lor any persons ccnnerted w￿1h them) receThfBd any ￿uneratiOn or bEnefits from the tharity thring Ihe ￿r. 10112 12r20n3, 1￿.33￿ KUTUNZA WATOTO NOTES TO THE FINANCIAL STATEMEMfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Ernploye•s The average monlhty number ofemployees during th8year Wd$.' 202J Number 2022 Number Therewwe no employaeswho8e amual remuneration more £80,000. TaxatEo The thariiy Is exempl from tax on income and gawsfalling %Mthin section 505 orthe TaxesAci 1988 or 5e(*en 252 ofthe Tay*tionof¢hargeable G8wi$Act 199210 tha extent that these arg aP￿led to its L*arrfable ¢*"ect¥. 2023 2022 Afflounts falllng duewithlD one ￿&r.. OlhertJebtor5 PrepaYM￿LS and xcrued inc3Jme 2,530 600 2.057 600 3,130 2.657 10 crtsdtto￿. anK*unts falling due7*llhln on¢ y•ar 2023 2022 tJhereJedittys 181 11.037 11 Rdated party transacttorrJ Tran$actlons wlth related wrti05 Dwlng the yearthe charityenlwed htolknefollowkng trarwthons%b•h refal•d pwtre$." Loans rx•lvad 2023 Loqns proyldwl 2023 2022 2022 Okner rd8ied parties 110,8561 473 785 110,B561 473 785 hitysJlottathmBnt*offiGp.nÈiiU￿b)￿￿A￿￿ThHs￿￿￿Em￿￿￿￿￿K￿￿SP*￿d-mM￿￿yymQ4zrvkLwJJzJraNGp#dMloqMffinLwN1MGUxKT￿OY￿lNADGuAI￿DDL￿1P1KR5X1xWtr**... 12120123, IOJ3fvM WiYePDFAnnot•tor KUTUNZA WATOTO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 IContlnu8d) The fOlkn￿n9 amountswe OL• allha r8PL¥Uno erMI dBIe.' Amounts owed to ralathd 2022 Otherrelaled pwb¢S 180 3.581 3,581 Tha IdI￿ng amwnt8wB0vtstrndTh￿ atthèrewiig enddate.. unts 0￿1 b¥ relatod Amounts owed by rol*t¢d parti05 parlJe$ 2022 2023 Bakn¢¢ Net Nvt Other rel¥￿ part 2,530 2,530 2.057 2.e57 2,530 2,530 2.057 2,057 ￿￿5,.111￿M?￿0￿C4.r￿￿￿*knre&￿40onTresqU0reE￿po￿urn.￿￿p￿nL#Sp￿Ad-fvAm￿lnknwrnQ4zfvkLWJJ4￿NGM￿￿Io1M￿rnlVwlmQuxMThKwNABl3wuADD￿PlhCR6*VxW