ABUNDANT LIFE UGANDA ANNUAL REPORT & FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2023 Registered with The Charities Commission for Northern Ireland NIC108621
ABUNDANT LIFE UGANDA CONTENTS Page Trustees, annual report Independent examiner's report Statement of financial activities Statement of assets and liabilities Notes to the f inancial statements
Page I ABUNDANT LIFE UGANDA TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The Trustees of the charity present their annual report along with the unaudited financial statements for the year ended 30 September 2023. STRUCTURE, GOVERNANCE AND MANAGEMENT Abundant Life Uganda is registered with the Cha rity Comm ission for Northern Ireland as per the Trust Deed dated 4 August 2018. The Trustees who served during the year, up to the date of signature of the financial statements were.. Emily Graham (Chairperson) Ruth Hamilton ITreasurerl Charlotte Mccluskie None of the Trustees has any beneficial interest in the charity. PRINCIPAL ACTIVITIES Abundant Life Uganda is a faith-based charitable organisation which aims to alleviate poverty bv sustainably supporting families in Uganda. It is run by volunteers with the purpose of ensuring that the entirety of donations received directly reach the poi nt of need, avoiding administrative charges. In particular, the purpose of the charity is: l To share the abundant life offered via the good news of Christian message in a relevant way. 2 Provide sustainable relief of poverty, primarily through income generating courses and grants to allow fam ilies to become self-suff icient a nd build financial capacity. 3 Advance education through primary* secondary and tertiary level sponsorships, teacher training workshops and school renovation projects. 4 Provide health, hygiene and medical support th rough educational workshops and medical grants for urgent cases. FINANCIAL REVIEW During the year under review, the trustees are pleased to report that progress has been made with their aims in the current period of operation. The principal source of income in the year under review is donations. The financial statements show a negative financial outcome for the year with a net decrease in funds for the year of £4,103. This is made up of net incoming resources on unrestricted funds of £1,998 and net resources expended on restricted funds of £6,101. Total funds held at 30 September 2023 amounted to £976 of which £976 was unrestricted funds and £Nil was restricted funds.
Page 2 ABUNDANT LIFE UGANDA TRUSTEES, ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2023 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards IUK GAAPI. The law applicable to charities in Northern Ireland requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these f inancial statements, the Trustees are required to: Select suitable accounting policies and apply them consistently; Make judgements and estimates that are reasonable and prudent,. State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the f inancial statements; Prepare the f inancial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taki ng reasonable steps for the prevention and detection of f raud and other irregularities. POLITICAL AND CHARITABLE DONATIONS During the year the charity made no political or charitable contributions. The trustees, report was approved by the Board of Trustees. Em raham Chairperson Ruth Hamilton Treasurer Date: 17- Date: 9-1-2L