{"id":268,"date":"2020-04-25T03:08:43","date_gmt":"2020-04-25T03:08:43","guid":{"rendered":"http:\/\/localhost\/?page_id=268"},"modified":"2026-03-11T15:15:44","modified_gmt":"2026-03-11T07:15:44","slug":"accountability","status":"publish","type":"page","link":"https:\/\/www.watoto.asia\/en\/about-us\/accountability\/","title":{"rendered":"Accountability"},"content":{"rendered":"\n<p>We believe that every resource entrusted to Watoto can bring meaningful transformation to someone who is in need. Integrity is part of our core values, and responsible stewardship defines the way we operate.<\/p>\n\n\n\n<p>Watoto optimizes the resources it has by sending them where they are most needed. We carefully monitor and review our programs and costs, and we do all we can to use donations and grants for their intended purposes. In addition, we continually strive to keep our operating costs low.<\/p>\n\n\n\n<p><strong>Sources of Funding<\/strong><br>Watoto is a ministry of&nbsp;Watoto Church.&nbsp;As a result, the church is morally and financially committed to the consistent support of Watoto.<\/p>\n\n\n\n<p>Watoto also relies on long-term relationships with international partners, who regularly support us through financial backing and professional expertise. These relationships have been established out of mutual respect, integrity and accountability.<\/p>\n\n\n\n<p><strong>Global Support Offices<\/strong><br><\/p>\n\n\n\n<p>Watoto began in 1983 in Kampala, Uganda. As the ministry grew, so did the need to facilitate support. Today, we have 11 support offices throughout the world where our partners and sponsors&nbsp;live.&nbsp;Our support offices are located in Asia, Australia, Brazil, Canada, The Netherlands, Norway, Sweden, Uganda, the UK and the USA.&nbsp;Each office is regulated by a&nbsp;local Board of Directors, ensuring good practice at all levels.<\/p>\n\n\n\n<p>This support has allowed us to expand our work to meet the needs of the most vulnerable in Uganda and South Sudan.<\/p>\n\n\n\n<p><strong>Asia Board of Directors<\/strong><br>Jordan Yip Board Chairman Hong Kong<br>Charles Chu Board Member Hong Kong<br>Patrick Lam Board Member Hong Kong<br>Ida Yau Board Member Hong Kong<\/p>\n\n\n\n<p><strong>Asia Office<\/strong><br>Sunny Cheng, General Manager, leads a team of 12 dedicated employees from the office in Hong Kong. The ASIA Country office is directed by an advisory International Board of Directors.<\/p>\n\n\n\n<p><strong>Financial Reports<\/strong><br>Financial statements are prepared annually after a comprehensive assessment by independent auditors \u2013 currently Ernst &amp; Young Certified Public Accountants. The financial reports are compliant with International Financial Reporting Standards under the historical cost convention. Income and expenditure is recognised in the books of accounts and the income includes donations, grants and sponsorship received during the financial year.<\/p>\n\n\n\n<p>Please click the following for the Annual Report from Uganda:<\/p>\n\n\n\n<p>\n<a href=\"https:\/\/isu.pub\/HY4RVdI\">Watoto Annual Report 2024<\/a><br>\n<a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annual_stories_2023_-_hk_english?fr=sODMzOTg0MDUxMDc\">Watoto Annual Report 2023<\/a><br>\n<a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annualstories2022_hk_english?mode=window\">Watoto Annual Report 2022<\/a><br>\n<a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annualstories2021_hk_english?fr=sMjg2NDUwMjEzODQ\">Watoto Annual Report 2021<\/a><br><a href=\"https:\/\/issuu.com\/watotoasia\/docs\/annual_stories_2020_en_issuu?mode=window\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2020<\/a><br>\n<a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annualstories19_hkeng?mode=window\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2019<\/a><br><a href=\"https:\/\/issuu.com\/watotoasia\/docs\/annualreport_eng\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2018<\/a><br><a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annualreport2017_eng?mode=window\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2017<\/a><br><a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annualreport2016hken?mode=window\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2016<\/a><br><a href=\"https:\/\/issuu.com\/watotoministries\/docs\/wccm_annual_report_2015_final_for_p\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2015<\/a><br><a href=\"https:\/\/issuu.com\/watotoministries\/docs\/watotoannualreport2014\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2014<\/a><br><a href=\"https:\/\/issuu.com\/watotoministries\/docs\/annual_report_2013_isuu2\" target=\"_blank\" rel=\"noreferrer noopener\">Watoto Annual Report 2013<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We believe that every resource entrusted to Watoto can bring meaningful transformation to someone who is in need. Integrity is part of our core values, and<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":373,"parent":258,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-268","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/pages\/268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/comments?post=268"}],"version-history":[{"count":24,"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/pages\/268\/revisions"}],"predecessor-version":[{"id":9302,"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/pages\/268\/revisions\/9302"}],"up":[{"embeddable":true,"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/pages\/258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/media\/373"}],"wp:attachment":[{"href":"https:\/\/www.watoto.asia\/en\/wp-json\/wp\/v2\/media?parent=268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}