KIRIMA LIMITED
Sponsorship for Kirima Primary and Nyakabungo Primary schools and Great Lakes High School. Raising funds as needed to support Kirima Parents, Nyamirama Parents, Nyakabungo and Rutenga Primary Schools, Great Lakes High School and Great Lakes University. See our website www.teachuganda.org
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £41,305 for the year, resulting in a decrease in total funds from £23,248 to £105,808 (note: the balance sheet shows a net asset position of £105,808 at year end, up from £23,248, indicating a net movement in funds of £82,560 was added to previous reserves, but the SOFA shows a net expenditure of £41,305 against incoming resources of £238,884? No, SOFA shows Net Income/Expenditure of £82,560. The Balance Sheet shows Total Funds of £105,808. The text notes that in a previous period all unrestricted funds were exhausted. The charity has no employees and relies on trustee visits and external funding.
What the accounts disclose
“The Charity will: 1) monitor as closely as it can what those relative needs are 2) endeavour to maintain sufficient reserves to cushion: a. any halt in, or substantial reduction in income b. the impact of any unexpected short-term need”
“The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.” — page 11
Trustees
- Martin Alan Barberchair
- Adrian Parker
- DR JOHN RICHMOND LEWIS
- Dr Karen Jane Sennett
- JULIA CHALLENDER
- John Rutherford
- Rev NIGEL LITTLE
- SARAH BUTTERWORTH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £321k | £239k |
| 31/12/2023 | £198k | £241k |
| 31/12/2022 | £487k | £500k |
| 31/12/2021 | £222k | £224k |
| 31/12/2020 | £174k | £207k |
Common questions
Is KIRIMA LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £41,305 for the year, resulting in a decrease in total funds from £23,248 to £105,808 (note: the balance sheet shows a net asset position of £105,808 at year end, up from £23,248, indicating a net movement in funds of £82,560 was added to previous reserves, but the SOFA shows a net expenditure of £41,305 against incoming resources of £238,884? No, SOFA shows Net Income/Expenditure of £82,560. The Balance Sheet shows Total Funds of £105,808. The text notes that in a previous period all unrestricted funds were exhausted. The charity has no employees and relies on trustee visits and external funding. Its FY2024 accounts were independently examined.
Who funds KIRIMA LIMITED?
Funders whose own accounts filings name KIRIMA LIMITED as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL HIGHGATE.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL HIGHGATE | FY2023 | £36k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL HIGHGATE | FY2024 | £2k |