Acorah Software Products - Accounts Production 19.3.600 false true 31 January 2025 1 February 2024 No description of principal activity true 1 February 2025 31 January 2026 31 January 2026 05028480 Rungwe Kingdon Jane Buck Craig Jenkins Zuleika Kingdon Claude Koenig Peter Millican 1106162 false false false false false false Charitable Projects/Donations true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05028480 2025-01-31 05028480 2026-01-31 05028480 2025-02-01 2026-01-31 05028480 frs-core:CurrentFinancialInstruments 2026-01-31 05028480 frs-char:CharitableCompanyLimitedByGuarantee 2025-02-01 2026-01-31 05028480 frs-bus:FullAccounts 2025-02-01 2026-01-31 05028480 frs-bus:MediumEntities 2025-02-01 2026-01-31 05028480 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 05028480 frs-bus:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 05028480 frs-char:TotalUnrestrictedFunds 2025-01-31 05028480 frs-char:TotalUnrestrictedFunds 2026-01-31 05028480 frs-char:TotalUnrestrictedFunds 2025-02-01 2026-01-31 05028480 frs-char:TotalRestrictedIncomeFunds 2025-01-31 05028480 frs-char:TotalRestrictedIncomeFunds 2026-01-31 05028480 frs-char:TotalRestrictedIncomeFunds 2025-02-01 2026-01-31 05028480 frs-char:UnrestrictedFundsGeneral 2025-01-31 05028480 frs-char:UnrestrictedFundsGeneral 2025-02-01 2026-01-31 05028480 frs-char:UnrestrictedFundsGeneral 2026-01-31 05028480 frs-char:IndependentExaminationCharity 2025-02-01 2026-01-31 05028480 frs-char:Trustee1 2025-02-01 2026-01-31 05028480 frs-char:Trustee2 2025-02-01 2026-01-31 05028480 frs-char:Trustee3 2025-02-01 2026-01-31 05028480 frs-char:Trustee4 2025-02-01 2026-01-31 05028480 frs-char:Trustee5 2025-02-01 2026-01-31 05028480 frs-char:Trustee6 2025-02-01 2026-01-31 05028480 frs-char:Activity1 2025-02-01 2026-01-31 05028480 frs-char:TotalUnrestrictedFunds frs-char:Activity1 2025-02-01 2026-01-31 05028480 frs-char:TotalRestrictedIncomeFunds frs-char:Activity1 2025-02-01 2026-01-31 05028480 2024-01-31 05028480 2025-01-31 05028480 2024-02-01 2025-01-31 05028480 frs-core:CurrentFinancialInstruments 2025-01-31 05028480 frs-char:TotalUnrestrictedFunds 2024-01-31 05028480 frs-char:TotalUnrestrictedFunds 2025-01-31 05028480 frs-char:TotalUnrestrictedFunds 2024-02-01 2025-01-31 05028480 frs-char:TotalRestrictedIncomeFunds 2024-01-31 05028480 frs-char:TotalRestrictedIncomeFunds 2025-01-31 05028480 frs-char:TotalRestrictedIncomeFunds 2024-02-01 2025-01-31 05028480 frs-char:UnrestrictedFundsGeneral 2024-01-31 05028480 frs-char:UnrestrictedFundsGeneral 2024-02-01 2025-01-31 05028480 frs-char:UnrestrictedFundsGeneral 2025-01-31 05028480 frs-core:CurrentFinancialInstruments 1 2025-01-31 05028480 frs-char:Activity1 2024-02-01 2025-01-31 05028480 frs-char:TotalUnrestrictedFunds frs-char:Activity1 2024-02-01 2025-01-31 05028480 frs-char:TotalRestrictedIncomeFunds frs-char:Activity1 2024-02-01 2025-01-31
Company registration number: 05028480
Charity registration number: 1106162
Ruwenzori Foundation
Trustees' Report and
Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Reference and Administrative Details 1
Trustees' Report 2—3
Independent Examiner's Report 4
Statement of Financial Activities (including Income and Expenditure Account) 5
Comparative Statement of Financial Activities (including Income and Expenditure Account) 6
Balance Sheet 7
Notes to the Financial Statements 8—10
Page 1
Reference and Administrative Details
Trustees
Rungwe Kingdon
Jane Buck
Craig Jenkins
Zuleika Kingdon
Claude Koenig
Peter Millican
Charity Number 1106162
Company Number 05028480
Principal Address Unit 9
Chalford Industrial Estate
Stroud
Gloucestershire
GL6 8NT
Registered Office 4 Chapel Row
Queen Square
Bath
BA1 1HN
Independent Examiner Malcolm Robinson
59 Kents Road
Haywards Heath
West Sussex
RH16 4HQ
Bankers Natwest plc
Stroud Branch
Bank Buildings
George Street
Stroud
GL5 3DT
Page 1
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Trustees' Report
The trustees present their report and the financial statements for the year ended 31 January 2026.
Objectives and Activities
Aims and Objectives
Ruwenzori Foundation (RF) has now completed funding of the buildings of the hospital at Kyemihoko. Discussions with health providers in Uganda have identified that a women and paediatric hospital are the services of greatest need and therefore when funds allow we will purchase the necessary equipment. 
Providing reliable water to hospital, art centre and community continues to prove difficult and we will therefore commission a geological survey to investigate the possibility of an on-site borehole to access artesian water.
We continue to help fund activities at Rwenzori Founders (Uganda) including the creation of bronze stone and marble artworks, exhibitions of sculpture as well as the funding of residencies, planned for next year is work with the vulnerable Batwa people, a hunter gatherer group who traditionally lived in forests and are now largely destitute since being evicted from their traditional lifestyle in the forest. Our plans include restoring traditional potting skills, construction of a kiln and access to tourism markets for the projected artifacts we will help them create. 
Conservation work continues on site as well as in the surrounding community. Our funding of the Rwenzori Sculpture Foundation (Uganda)  (RSF) helps with the eradication of invasive plant species and the propagation and planting of indigenous trees recreating a rich biodiversity. RSF's application for legal conservancy status is well advanced and will hopefully be awarded in the coming year whereupon some of our more ambitious projects for reintroducing lost species may become possible.
Our foundation has decided that since the award of NGO status to RSF in Uganda that long term loans should now be converted to donations helping to make RSF self-sustaining going forward.
Financial Review
Financial Position
The charity holds only basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the charity and their measurement basis are as follows: 
Financial Assets – trade and other debtors are basic financial instruments and are debt instruments measured at amortised costs as detailed in note 9. 
Cash at bank – is classified as a basic financial instrument and is measured at face value. 
Financial liabilities – trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost as detailed in note 10. Taxation and social security are not included in the financial instruments’ disclosure definition. 
Reserves Policy
Funding to date has come principally from Pangolin Editions and Parabola Foundation as well as donations from private individuals and companies. The current level of funds is considered appropriate to finance the short and medium term objectives of the charity. As the charity continues to grow, the trustees plan to attract donations from other private individuals and companies, as well as public organizations, to secure the charity’s long term future. 
The trustees confirm that the major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems and procedures have been established to manage those risks. 
Financial Activies
In 2025-26 our total income was £16,839. This is down from £98,225 in 2024-25. 
The directors and trustees present the charity’s financial statements for the financial year ended 31st January 2026.  The directors are responsible for ensuring that these statements give a true and fair view of the state of the affairs of the charitable company’s funds.  
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The trustees' report was approved by the board of trustees and signed on its behalf by:
Rungwe Kingdon
Trustee
2 July 2026
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Independent Examiner's Report to the Trustees of Ruwenzori Foundation
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2026.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
  2. the accounts do not accord with those records; or
  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Malcolm Robinson
10 July 2026
59 Kents Road
Haywards Heath
West Sussex
RH16 4HQ
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Statement of Financial Activities (including Income and Expenditure Account)
2026 2025
Unrestricted funds Restricted funds Total funds Total funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 12,161 - 12,161 75,676
Investments 4 4,678 - 4,678 10,476
16,839 - 16,839 86,152
EXPENDITURE ON:
Raising funds 5 (9,169 ) - (9,169 ) (54,288 )
Charitable activities: 5
Charitable Projects/Donations (931,544 ) (190,153 ) (1,121,697 ) (154,512 )
(940,713 ) (190,153 ) (1,130,866 ) (208,800 )
NET EXPENDITURE (923,874 ) (190,153 ) (1,114,027 ) (122,648 )
NET MOVEMENT IN FUNDS (923,874 ) (190,153 ) (1,114,027 ) (122,648 )
RECONCILIATION OF FUNDS:
Total funds brought forward 1,237,123 190,153 1,427,276 1,549,924
TOTAL FUNDS CARRIED FORWARD 10 313,249 - 313,249 1,427,276
The notes on pages 8 to 10 form part of these financial statements.
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Comparative Statement of Financial Activities (including Income and Expenditure Account)
2025
Unrestricted funds Restricted funds Total funds
Notes £ £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 75,676 - 75,676
Investments 4 10,476 - 10,476
86,152 - 86,152
EXPENDITURE ON:
Raising funds 5 (54,288 ) - (54,288 )
Charitable activities: 5
Charitable Projects/Donations (154,512 ) - (154,512 )
(208,800 ) - (208,800 )
NET EXPENDITURE (122,648 ) - (122,648 )
NET MOVEMENT IN FUNDS (122,648 ) - (122,648 )
RECONCILIATION OF FUNDS:
Total funds brought forward 1,359,771 190,153 1,549,924
TOTAL FUNDS CARRIED FORWARD 10 1,237,123 190,153 1,427,276
The notes on pages 8 to 10 form part of these financial statements.
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Balance Sheet
2026 2025
Unrestricted funds Restricted funds Total funds Total funds
Notes £ £ £ £
CURRENT ASSETS
Debtors 8 - - - 835,110
Cash at bank and in hand 313,489 - 313,489 592,454
313,489 - 313,489 1,427,564
Creditors: Amounts Falling Due Within One Year 9 (240 ) - (240 ) (288 )
NET CURRENT ASSETS (LIABILITIES) 313,249 - 313,249 1,427,276
TOTAL ASSETS LESS CURRENT LIABILITIES 313,249 - 313,249 1,427,276
NET ASSETS 313,249 - 313,249 1,427,276
FUNDS OF THE CHARITY
Restricted Funds - 190,153
Unrestricted Funds 313,249 1,237,123
TOTAL FUNDS 10 313,249 1,427,276
For the year ending 31 January 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Rungwe Kingdon
Trustee
2 July 2026
The notes on pages 8 to 10 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ruwenzori Foundation is a company limited by guarantee, incorporated in , registered number 05028480 and registered charity number 1106162 . The registered office is 4 Chapel Row, Queen Square, Bath, BA1 1HN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. 
2.3. Resources Expended
liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
2.4. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
2.5. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 
3. Income from Donations and Legacies
2026 2025
Unrestricted Unrestricted
funds funds
£ £
Other:
Parabola Foundation - 24,000
Pangolin Editions - 10,313
Other Donations 12,161 41,363
12,161 75,676
4. Investment Income
2026 2025
Unrestricted Unrestricted
funds funds
£ £
Interest from investments 4,678 10,476
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5. Analysis of Expenditure
2026
Grant funding of activities Support costs
(see note 6 )
Total
£ £ £
Raising funds - 9,169 9,169
Charitable Projects/Donations 1,121,697 - 1,121,697
1,121,697 9,169 1,130,866
2025
Grant funding of activities Support costs
(see note 6 )
Total
£ £ £
Raising funds - 54,288 54,288
Charitable Projects/Donations 154,512 - 154,512
154,512 54,288 208,800
6. Support Costs
2026
Raising funds
£
General administration 9,169
2025
Raising funds
£
Employee costs 6,634
General administration 47,654
54,288
7. Average Number of Employees
Average number of employees during the year was: 1 (2025: 1)
1 1
8. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 42,520
Gift Aid Tax Credit - 2,063
Loan - RSF Uganda - 790,527
- 835,110
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9. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 240 288
10. Movement in Funds
As at 1 February 2025 Income Expenditure As at 31 January 2026
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 1,237,123 16,839 (940,713 ) 313,249
Restricted funds
Restricted Funds 190,153 - (190,153 ) -
Total funds 1,427,276 16,839 (1,130,866 ) 313,249
As at 1 February 2024 Income Expenditure As at 31 January 2025
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 1,359,771 86,152 (208,800 ) 1,237,123
Restricted funds
Restricted Funds 190,153 - - 190,153
Total funds 1,549,924 86,152 (208,800 ) 1,427,276
11. Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
2026 2025
£ £
12. Related Party Disclosures
C Jenkins, a trustee, is also Director at a firm of accountants. The total amount invoiced by TSL Accounting Ltd during the year was £4,851.36 (2025: £8,932). The transactions were at a commercial rate at arm’s length and £51.60 remained outstanding at the year end (2025: £287.20). 
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