TREASURER S REPORT FOR THE 19 TH. ANNUAL GENERAL MEETING, HELD ON MAY 27, 2011 AT UGANDA MUSEUM, KAMPALA

Transcription

1 The East Africa Natural History Society Plot. 83, Tufnel Drive Kamwokya. P. O. Box 27034, Kampala, Uganda. Tel: Fax: nature@natureuganda.org TREASURER S REPORT FOR THE 19 TH. ANNUAL GENERAL MEETING, HELD ON MAY 27, 2011 AT UGANDA MUSEUM, KAMPALA - Executive Committee members - NatureUganda Members & Partners - Invited guests, ladies and gentlemen 1. Introduction This report covers the audited income and expenditure of the society for a period of 9 months from April 1, 2010 to December 31 st The report also covers projected income and expenditure for the period January 1 st 2011 to December 31 st This report follows the recommendations made by the AGM last year that our financial year is changed from Apr-March to January to December following the calendar year. Also note that the audit report presented in the last AGM covered a period up to March 2010 and that is why we had to conduct a 9 months audit. Therefore the Society s accounts were audited in accordance with the constitutional provisions and International Financial Reporting Standards covering a period of 9 months from April 2010 to December 31 st A summary of the audit report is displayed at the registration desk. 2. Secretariat Our Secretariat is located on plot 83 Tufnell drive, Kamwokya in Kampala. We also have three project offices located in Masaka, Bushenyi, and Kabale respectively. NatureUganda has over 38 members of staff and volunteers 3. Overall Performance a) Institutional support to NatureUganda: The Royal Society for the Protection of Birds (RSPB) has continued to provide us with core institutional support. This funding is towards organizational development and contributes to rent, core staff, and training and membership activities. We also received funding from Danida through WWF for institutional capacity building. Our technical staff members have been able to train in areas of policy, lobbying and advocacy and monitoring and evaluation. These trainings are very valuable to our conservation work. b) On going Conservation and Research projects NatureUganda continues to implement various programmes ranging from community based conservation projects, sustainable resource management, Research, Advocacy and monitoring, Environmental Education, Community ecotourism and others. The current projects being implemented include: Echuya Forest Conservation Project Enhancing the livelihoods of the local communities dependant on Echuya Forest Reserve Participatory Environment Management (PEMA) Programme at Kasyoha Kitomi Forest Reserve, supporting the conservation of Kasyoha-Kitomi Forest and livelihood improvement of communities in the landscape IBA monitoring Project supporting biodiversity monitoring in protected areas Birds Population Monitoring (BPM) in Uganda Cranes and Wetlands Conservation Programme Lake Victoria Catchment Environment Education Programme in the Katonga river basin

2 Birdlife International Policy and Advocacy programme Birdlife International Climate Change Adaptation programme in the Albertine rift Wildlife Explorers programme Community Based Wetland Biodiversity Conservation programme (COBWEB) c) Projects completed or to be completed by the end of this financial year Participatory Environment Management (PEMA) Programme at Kasyoha Kitomi Forest Reserve Phase II supporting the conservation of Kasyoha-Kitomi Forest and livelihood improvement of people in the landscape by the end of June 2011 Echuya Forest Conservation Project Enhancing the livelihoods of the local communities dependant on Echuya Forest Reserve ended in March 2011 Lake Victoria Catchment Environment Education Programme in the Katonga river basin by the end of December 2011 IBA monitoring Project supporting biodiversity monitoring in protected areas by the end of October 2011 Birds Population Monitoring (BPM) in Uganda by the end of December 2011 d) Membership subscriptions Our membership has continued to grow steadily over the years, however we need to recruit more corporate members to strengthen our membership strategies and improve on membership funding base for the society. Membership renewals and subscriptions remain low we should be proactive in following up subscriptions. Membership has grown from 2,442 to 2,607, representing an overall increase in membership of 9% but renewal rate remains low at 47%. Our current membership is comprised of the following; i. 1,420 student ii. 688 Full iii. 446 Family iv. 23 Institution v. 30 Corporate With the low membership subscriptions and renewals the society is faced with challenges of servicing members. I therefore suggest that we commit our selves as a starting point for every member to at least recruit 4 new members into the NU family by next AGM. In the next AGM we should be able to review our current membership rates to cope with up with economic advancements Current membership fee rates Membership Local rate overseas USD $ Student 5, Full 20, Family 25, Institutional 70, Corporate 200, ii

3 4) SUMMARY OF AUDITED INCOME & EXPENDITURE STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2010 (for details refer to photocopies at the registration desk) Details (December) (March) 2010 (Shs) 2010 (Shs) INCOME GRANT INCOME 908,960, ,200,430 OTHER INCOME 369,954, ,863,070 MEMBERSHIP INCOME 5,407,000 4,692,000 TOTAL INCOME 1,284,322, ,755,500 EXPENDITURES PROGRAM ACTIVITIES 781,134, ,287,121 ADMINISTRATIVE COSTS 311,776, ,961,922 TOTAL EXPENDITURE 1,092,911,081 1,035,249,043 SURPLUS OF INCOME OVER EXPENDITURE 191,411,585 (275,493,543) FUND BALANCE AS AT 1 APRIL 238,304, ,658,266 PRIOR YEAR ADJUSTMENT -1,284, ,056 FUND BALANCE AS AT 31DECEMBER 428,432, ,304,779 5) PROJECTED INCOME & EXPENDITURE FOR THE PERIOD JANUARY 1ST 2011 TO DECEMBER 31ST 2011 INCOME Opening fund balance as at January 1, ,432,189 Royal Society for the Protection of Birds (RSPB) 87,500,000 Important Bird Monitoring Programme 49,648,500 Lake Victoria Catchment Environmental Education Programme 348,475,300 Participatory Environmental Management Project (PEMA Kampala) 140,000,000 Participatory Environmental Management Project (PEMA Bushenyi) 180,000,000 Conservation Based Wetland Biodiversity Conservation (COBWEB) 70,000,000 Birdlife Climate Change Project 62,100,000 Birdlife CEPF Project 10,255,500 UNEP Project 13,516,988 Membership 6,000,000 Others 185,000,000 Total Projected Income as at December 31, ,580,928,477 EXPENDITURE Project Activity Costs Echuya Project Activities 40,036,286 PEMA II Project Activities (Kampala) 140,000,000 PEMA II Project Activities (Bushenyi) 180,000,000 LVCEEP II Project Activities 348,475,300 IBA Monitoring Project Activities 73,884,500 iii Shs

4 Whitley Cranes Project Activities 53,072,254 Birdlife Climate CEPF Project activities 10,255,500 Birdlife Climate Change Project activities 90,445,251 COBWEB Project activities 70,000,000 UNEP Project activities 13,516,988 Total Project Activity Costs 1,019,686,079 Administrative costs Personnel Costs 176,103,529 Specified activities 27,000,000 Publications 13,000,000 Rent 38,640,000 Meetings 6,700,000 Office costs 40,000,000 Motor vehicle costs 11,500,000 Training 3,500,000 Travel 6,000,000 Other costs 9,200,000 Capital costs 4,750,000 Total Administrative Costs 336,393,529 Total Projected Expenditure as at December 31 st ,356,079,608 Fund balance as at December 31st ,848,869 Capital Investments Safaricom shares 16,670,840 Procurement of NU Land 91,700,000 Total Investments 108,370,840 6 Capital /Fixed Assets NU owns 2 plots of Private Mailo Land Block 397, plots 722 and 723 measuring and hectares respectively, at Bweya, Lutembe, Busiro in Entebbe. We continue to explore funding opportunities of setting up the NU home. NatureUganda holds 16,670,840= worth of shares with Safaricom, proceeds from this investment will go into a development fund for the NU home project. NatureaUanda also owns a fleet of 8 motor vehicles and 7 motorcycles along side adequate office and field equipment to support implementation of our conservation programmes 7 Approved and Expected proposals Through rigorous fund raising initiatives, NatureUganda has submitted funding applications as outlined below. Approved Projects a. Whitley Award USD $45,000 b. Echuya Forest Conservation Project USD $45,000 Proposals submitted c. DOF Echuya Conservation Programme USD $980,000 iv

5 d. Ramsar Small grants Programme USD $38,000 e. Whitley Award USD $45,000 f. ESPA Agro-biodiversity landscape USD$1,200,000 g. Italian foundation USD $100,000 8 Conclusion As reflected in this report NatureUganda s funding is mainly in form of grants. Our major projects are due for completion in the course of the year. This will definitely affect our financial position; we need to explore self sustaining and strategic opportunities of fundraising. My suggestions, as usual, are that in order to promote sustainability, we need to implement old suggestions and even propose new ones: i) Although the year 2010 has been a successful year, the drop in funding should tickle us to emphasis more on strategic fundraising opportunities ii) We should also work tirelessly towards fulfilling the NU home project. Other Notes The following rate have been adopted US$ 1.00 = UShs 2,300, GBP 1:00=UShs3, 600 EURO 1:00=UShs3,300 Robert Nabanyumya HON.TREASURER May 27, 2011 v