BALANCE  SHEET :

 

 

year ended

year ended

FIXED  ASSETS :

31/12/2023

31/12/2022

 (net book value)

Furniture and fittings

                     3.007

 

                     3.042

 

Computers and office equipment

                        377

 

                        431

 

Water tank

                        470

 

                        537

 

Motor cycles

                     1.051

 

                        402

 

Solar panels

                     1.048

 

                           -

         

Bicycles

                        162

 

                        185

 

                                                   Total fixed assets

 

6.114

 

         4.596

CURRENT  ASSETS :

 

 

 

 

 

 

 

 

 

Cash and bank balances :

 

 

 

 

     Netherlands

                    6.984

 

                  2.296

        

     Uganda

                   1.499

 

                  2.633

 

                                                Total cash and bank

 

8.483

 

        4.929

 

 

 

 

 

                                                             Total Assets

 

          14.597

 

          9.525

 

 

 

 

 

CURRENT  LIABILITIES:

 

 

 

 

 

 

 

 

 

Loan – J. Dennett

(5.500)

 

(5.500)

 

                                             Total current liabilities

 

         (5.500)

 

        (5.500) 

 

 

 

 

 

                                                       Total Net Assets

 

          9.097

 

          4.025

 

 

 

 

 

CAPITAL  ACCOUNT :

 

 

 

 

 

 

 

 

 

Balance at beginning of the year

             

4.025 

 

          7.014

Net operating surplus /(deficit) for the year

 

          4.480

 

(4.812)

Translation Reserve (exchange rate variances)

 

              593

 

          1.823

 

 

 

 

 

Balance at end of the year

             

           9.097

 

          4.025

Balance Sheet at 31st December 2022

           
                   
                   
         

12/31/2022

 

12/31/2021

         

 

Fixed Assets :

               
 

Furniture and fittings

   

3,042

   

3,042

 
 

Computer and office equipment

 

431

   

431

 
 

Water tank and equipment

 

537

   

537

 
 

Motor cycles

   

402

   

402

 
 

Bicycles

     

185

   

185

 
           

4,596

   

4,596

Current Assets :

               
 

Cash and bank balances

           
   

- Netherlands

 

2,296

   

6,389

 
   

- Uganda

   

2,633

   

1,529

 
           

4,929

   

7,918

                   
           

9,525

   

12,514

Current Liability :

               
 

Loan - J Dennett

     

(5,500)

   

(5,500)

                   
     

Net assets

   

4,025

   

7,014

Capital account :

               
 

Balance at beginning of year

   

7,014

   

2,546

 

Movements in year :

             
   

Net Receipts / (Expenditure) for the year

(4,635)

   

2,178

   

Depreciation

           
   

Exchange rate adjustment

 

1,646

   

2,290

 

Balance at end of year

     

4,025

   

7,014