WATOTO CHILD CARE MINISTRIES
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £22,407 for the year ended 31 December 2024, with unrestricted reserves falling to £33,449. The auditors identified a material uncertainty regarding going concern because the charity was not complying with its own reserves policy, which requires holding free reserves equivalent to three months of operating costs. However, the trustees remain confident in the charity's ability to continue operating, citing a post-year-end surplus and a break-even budget through 2026.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 No. In the band £60,001 - £70,000 1” — page 25
“The Trustees accept that, currently, this is not the case and are planning to see that this is achieved in the shortest time frame possible with effect from 2025.”
“Trustees of Watoto Child Care Ministries hold a controlling position in Watoto Uganda. Grant funding is paid to Watoto Uganda, and during the period this totalled £618,802 (2023 - £569,367). At the year end £45,552 (2023 - £NIL) was due to Watoto Uganda.” — page 33
“Expenses of £11,186 (2023 - £NIL) were paid during the period to related parties that are part of the Watoto Global Network. Donations received from these related parties without conditions during the period were £192,882 (2023 - £NIL).” — page 33
“Trustees of Watoto Child Care Ministries hold a controlling position in Watoto Uganda. Grant funding is paid to Watoto Uganda, and during the period this totalled £618,802 (2023 - £569,367). At the year end £45,552 (2023 - £NIL) was due to Watoto Uganda.” — page 33
“Expenses of £11,186 (2023 - £NIL) were paid during the period to related parties that are part of the Watoto Global Network. Donations received from these related parties without conditions during the period were £192,882 (2023 - £NIL).” — page 33
“Trustees of Watoto Child Care Ministries hold a controlling position in Watoto Uganda. Grant funding is paid to Watoto Uganda, and during the period this totalled £618,802 (2023 - £569,367). At the year end £45,552 (2023 - £NIL) was due to Watoto Uganda.” — page 33
“Expenses of £11,186 (2023 - £NIL) were paid during the period to related parties that are part of the Watoto Global Network. Donations received from these related parties without conditions during the period were £192,882 (2023 - £NIL).” — page 33
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Leadership, per the charity’s website
- Vernita Rwotlonyo — Leadership (Co-leader implied by 'handed over the leadership')
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Julius Rwotlonyochair
- Derek Watt
- Gowan Wheeler
- Jane Elizabeth Penry
- Kevin Crawford
- Ramon Joseph Walsh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £1.1m |
| 31/12/2023 | £690k | £742k |
| 31/12/2022 | £764k | £796k |
| 31/12/2021 | £949k | £900k |
| 31/12/2020 | £1.1m | £1.1m |
Common questions
Is WATOTO CHILD CARE MINISTRIES financially healthy?
The accounts state that the charity reported a net deficit of £22,407 for the year ended 31 December 2024, with unrestricted reserves falling to £33,449. The auditors identified a material uncertainty regarding going concern because the charity was not complying with its own reserves policy, which requires holding free reserves equivalent to three months of operating costs. However, the trustees remain confident in the charity's ability to continue operating, citing a post-year-end surplus and a break-even budget through 2026. Its FY2024 accounts were audited by Wenn Townsend.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANGUS LAWSON MEMORIAL TRUST | 1 | £35k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £10k |
| THE STERRY FAMILY FOUNDATION | 1 | £7k |
| COLEFAX CHARITABLE TRUST | 1 | £6k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £5k |
| THE DE BRYE CHARITABLE TRUST | 1 | £3k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| THE TULA TRUST LIMITED | 1 | £2k |