Money Laundering Policy

 MONEY LAUDERING PRACTICE

We comply with Charity Commission guidance.

Donors

·         we mostly receive relatively small amounts donated from known sources

Beneficiaries

• we only support Kainsude (existed since 1986)

• we know the key players there

• we follow use of funds sent by way of reports and photographs of projects

Banking

• we have clear records of our income through bank statements and year end financial accounts

• we use a UK High Street bank

• we have virtually no cash transactions and all of these pass through our bank account

• transfers to Uganda are made through an established, authorised banking system, both in UK and in Uganda.

Scrutiny

• Trustees regularly visit Kainsude

• our accounts are audited and submitted to the Charity Commission annually

Updated June 2025