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← Wynaud Trust

2025-04-05-accounts

Wynaud Trust Annual report and financial statements

Year ended 5 April 2025

Registered charity no 1062728

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Contents

Contents

Legal & administrative information 2
Trustees’ annual report 3
Independent examiner’s report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9

Registered charity no 1062728

1

Legal & administrative information

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Legal & administrative information

Charity name Wynaud Trust
Charity registration no. 1062728
Registered office Lanthorn Cottage
Horton
Buckinghamshire
LU7 0QR
Trustees Mrs Parmjit Moyo Chair – resigned 19 November 2025
Mr Nigel Brown appointed as Chair – 19 November 2025
Mrs Katherine Beaumont
Mrs Alison Brown
Mrs Rachel Swaffield resigned 5 April 2025
Independent examiner Enaid Accountancy Ltd
Units 24 & 25
Goodsheds Container Village
Hood Road
Barry
CF62 5QU
Principal bankers Barclays Bank PLC
1 Churchill Place
London
E14 5HP

Registered charity no 1062728

2

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Trustees’ annual report

Trustees’ annual report

The Board of Trustees submit their annual report and the financial statements of The Wynaud Trust for the year ended 5 April 2025. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charities Act 2011, as well as the requirements of the Charity's governing document and the provisions of 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) second edition (effective 1 January 2019)’, and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Objectives and activities

Objects

Wynaud Trust is a Christian organisation, whose mission is to demonstrate the love of God to the people of Zambia, through working with local churches and other Christian organisations to support community development and address poverty and related issues.

Activities

The main areas of work are as follows:

Throughout the process of determining these activities, the Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity.

Achievements and performance

This was the 14th full year of the school support programme in Kabompo District.

Two schools were supported this financial year. This provides resources to help vulnerable children to remain in education.

At the Kanaji Chilanda School in Mumbeji 100 children continue to be funded buy the amount supplied has been increased.

The Chikata School, had been assisted in the last financial year, however due to a lack of information about the children and the use of the funds, further support has been withheld pending a review.

The Trustees have made links with other charities working in Zambia and through partnership it is planned to equip an IT suite, and provide vocational training for those who are not academic, to aid them support themselves as adults. This is an ongoing aspiration pending the completion of the building work.

During this year 11 students were supported in higher or further education mainly in education, medicine, midwifery and nursing courses. 3 students graduated during the year. Further support was offered to graduates through finance for food and accomodation whilst undertaking unpaid volunteering, similar to an internship. This aids their employment chances.

This year the Trust continued to support the local clinic in Mumbeji. Following the Trustees visit in November 2023, progress has been difficult to assess due to movement of staff and communication challenges. The further needs identified in 2023, will be reviewed during the planned visit for June 2025.

The Mumbeji Play Centre Project, started in September 2018 and is now well established. This is a pre-school facility, providing educational play activities for 3 and 4-year-old children. The two employed teachers are providing good quality early years education through play. The project continues to provide a significant benefit to both the community and the children that use the play centre. The success of the centre has meant that parents are reluctant to send their children to the local primary school, which is not as well resourced. This is an area for partnership work going forward. The current teachers completed their study this year and 2 new teachers are being recruited to continue the programme.

The adult literacy programme is continuing into its fourth year, with sessions at the play centre during the afternoons. The employed teacher is very committed to delivering the sessions. Although, English is the recognised national language, many local people cannot speak English fluently. This also means that they cannot support their children with their development in the English language. This programme is making a difference already and is oversubscribed.

Registered charity no 1062728

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Trustees’ annual report

Annual report and financial statements Year ended 5 April 2025

Wynaud Trust

The Trust also support a young girl at a specialist school for deaf children, based in Livingstone. The impact on her life is significant and she is making excellent progress. Often, in the rural areas, children with disabilities are marginalised and do not progress with their education. There are many children who need specialist support, and it is recognised that this is an area for development.

In July 2024, a non governmental organisation was formed, under the name of “Education and Health Initiatives”. Three Zambian Directors have been appointed, with 2 of the Wynaud Trustees also on the board of trustees. It is intended that this NGO will manage the Wynaud Trust projects within Zambia. During this year, the NGO has started to manage the University Support Programme and the Mumbeji Project.

Plans for the future

The Trust wishes to continue with existing activity subject to financial resources being available. Fund raising will be targeted at the completion of the vocational classrooms, the completion of the community school and expansion of the play centre provision.

It is intended that the NGO will take over the management of all projects within Zambia and the Wynaud Trustees will support them in this. It is hope that after several years the NGO will be in a position to seek funding within Zambia.

Trustees plan to visit the projects in June 2025 and June 2027.

Acknowledgements

The Trustees gratefully acknowledge the generous support of a number of organisations and individuals. All donations assist in supporting our aims.

Reserves policy and going concern

The Trustees are currently developing a formal reserves policy based on future cash flows and current commitments. As of 5 April 2025, the Charity had sufficient commitments from donors to meet current commitments on the education project.

Risks

As a Charity we are reliant on income from a range of sources, none of which is guaranteed on a long-term basis. As a result, the Trust seeks to use income for short term support and pump priming of initiatives and projects that, if successful, will become selfsustaining. In addition, administrative costs are kept to a minimum.

Structure, governance and management

Governing document

The Trustees administer the Charity under the terms of its governing document, a Deed of Trust. It is registered with the Charity Commission in England and Wales, registration number 1062728.

Recruitment and appointment of Trustees

New Trustees are appointed by the existing Trustees based on the skills and knowledge required by the organisation at that point in time.

All new Trustees are inducted by the current board and provided with copies of the constitution and the latest annual report and accounts for their information, as well as to help them form an understanding of the work of the Charity.

All Trustees give their time voluntary and received no remuneration or other benefits.

Organisational structure

Financial review

During the current financial year the Charity incurred a deficit of £13,699 (2024: surplus of £7,348), decreasing total reserves at year end to £2,077 (2024: £15,776). Within the current year figures there was a write down of the programme related investment of £40,375 (2024: £Nil) and loans totalling £27,000 were written of during the current year (2024: £Nil). Excluding these two extraordinary items, the Charity made a deficit of £324 in the current year.

Unrestricted reserves at year end were £2,077 (2025: £8,640).

The Trustees are responsible for the overall financial control, direction, and work of the Charity. They meet approximately nine times a year. Day-to-day responsibilities are delegated to the partners and friends in Zambia who carry out the individual projects and activities, within a framework of approved policies.

Statement of Board of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations.

Charity law requires the Trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and

Registered charity no 1062728

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Trustees’ annual report

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

applicable law (UK Generally Accepted Accounting Practice), including FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the excess of expenditure over income for that period. In preparing these financial statements, the Trustees are required to:

This report was approved and authorised for issue by the Board of Trustees on 4 February 2026 and signed on its behalf by:

Nigel Brown

Chair

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity’s website.

Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the Trustees confirm that they are happy that the content of the annual review in pages 3-5 of this document as well as the legal and administrative details on page 2, meet the requirements of the Trustees’ Annual Report under charity law.

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

Registered charity no 1062728

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Independent examiner’s report

The Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Independent examiner’s report to the board of trustees of Wynaud Trust

I report to the Trustees on my examination of the accounts of Wynaud Trust (charity number 1062728) for the year ended 5 April 2025 set out on pages 7 to 15.

Respective responsibilities of trustees and examiner

The Charity's Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns 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.

Andrew Philip Nash FCA

Member of the Institute of Chartered Accountants in England and Wales – 2461833

Dated: 4 February 2026

Enaid Accountancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Registered charity no 1062728

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Statement of financial activities

The Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Statement of financial activities

For the year ended 5 April 2025

==> picture [505 x 319] intentionally omitted <==

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
5 Apr 2025 5 Apr 2025 5 Apr 2025 5 Apr 2024
Notes £ £ £ £
Income from:
Donations and legacies 2 45,745 4,685 50,430 46,574
Total income 45,745 4,685 50,430 46,574
Expenditure on:
Charitable activities 3 53,778 10,351 64,129 39,226
Total expenditure 53,778 10,351 64,129 39,226
Net income/(expenditure) (8,033) (5,666) (13,699) 7,348
Transfers between funds 6 1,470 (1,470) - -
Net movement in funds (6,563) (7,136) (13,699) 7,348
Reconciliation of funds
Total funds brought forward 6 & 7 8,640 7,136 15,776 8,428
Total funds carried forward 6 & 7 2,077 - 2,077 15,776
----- End of picture text -----

The notes on pages 9 to 15 form part of the financial statements.

Registered charity no 1062728

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The Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Balance sheet

Balance sheet

As at 5 April 2025

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----- Start of picture text -----
Total Total
Funds Funds
5 Apr 2025 5 Apr 2024
Notes £ £ £ £
Current assets
Short term investments 4 - 40,735
-
Prepayments 4,931
Debtors - gift aid due - 1,448
Cash at bank and in hand 7,678 5,963
Total current assets 12,609 48,146
Creditors - amounts falling due
within one year 5 (10,532) (32,370)
Net current assets/(liabilities) 2,077 15,776
Net assets/(liabilities) 2,077 15,776
Funds of the charity:
Restricted funds 6 & 7 - 7,136
Unrestricted funds
General funds 6 & 7 2,077 8,640
2,077 8,640
Total funds of the charity 2,077 15,776
----- End of picture text -----

The notes on pages 9 to 15 form part of the financial statements.

These financial statements were approved and authorised for issue by the Board of Trustees on 4 February 2026 and signed on their behalf by:

Nigel Brown

Chair

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

Notes to the Financial Statements

1. Accounting policies

Basis of preparation of the financial statements

The financial statements have been prepared in accordance with ‘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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The effect of any event relating to the period ended 5 April 2025, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 5 April 2025 and the results for the year ended on that date.

The functional currency of the Charity is sterling.

The amounts in the financial statements are rounded to the nearest pound.

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

Going concern

The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is more than sufficient to meet current commitments.

Legal status

Wynaud Trust is a charitable trust registered in England and Wales and meets the definition of a public benefit entity. In the event of the Charity being wound up, the Trustees of the Charity hold no liability. The registered address is Lanthorn Cottage, Horton, Buckinghamshire, LU7 0QR.

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 6 of the financial statements.

Income

Income is recognised when the Charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable.

Grant income is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the grant relates to a future period, in which case it is deferred.

Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.

Grants payable are payments made to third parties in furtherance of the Charity's objectives.

Unconditional grant offers are accrued in full once the recipient has been advised of the grant award and the payment is probable. Where grant awards are subject to performance conditions that are outside of the control of the Charity these are accrued when the recipients have been notified of the grant award.

Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated directly to charitable activities as any fundraising costs are immaterial. A breakdown of expenses by type is outlined in note 3 of the financial statements.

Irrecoverable VAT is charged against the category of expenditure for which it was incurred.

Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised. There are currently no assets held by the Charity.

Programme-related investments

The Charity has made a programme related investment in the Kasamba Honey Company Limited in Zambia which is repayable on demand. As a result, it has been recognised at cost and is not amortised using the effective interest rate but is assessed for impairment on an annual basis. Interest charged is recognised as investment income when falling due.

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

1. Accounting policies (continued from previous page)

Cash at bank and in hand

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.

Debtors and prepayments

Trade and other debtors are recognised at the settlement amount after any trade discount is applied. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors and accruals

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.

Critical estimates and judgements

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The treatment of tangible fixed assets, for example, is sensitive to changes in useful economic lives and residual values of assets. These estimates and assumptions are reassessed annually.

In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

Financial instruments

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.

2. Income from donations and legacies

Donations
Loans converted to donations		 Unrestricted
Funds
Year ended
5 Apr 2025
£
18,745
27,000		 Restricted
Funds
Year ended
5 Apr 2025
£
4,685
-		 Total
Funds
Year ended
5 Apr 2025
£
23,430
27,000
50,430
45,745 4,685
Unrestricted
Funds
Year ended
5 Apr 2024
£
Donations
31,975
31,975		 Restricted
Funds
Year ended
5 Apr 2024
£
14,599
14,599		 Total
Funds
Year ended
5 Apr 2024
£
46,574
46,574

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

3. Expenditure on charitable activities

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----- Start of picture text -----
Unrestricted Restricted Total
Funds Funds Funds
Year ended Year ended Year ended
5 Apr 2025 5 Apr 2025 5 Apr 2025
£ £ £
Grant to Education and Health Support Initiatives (see note 9) 8,622 3,706 12,328
-
Education programme 6,645 6,645
-
Write down of programme related investment 40,735 40,735
-
Mumbeji play centre 1,583 1,583
Other project costs 250 - 250
Finance and administration costs 2,588 - 2,588
53,778 10,351 64,129
Unrestricted Restricted Total
Funds Funds Funds
Year ended Year ended Year ended
5 Apr 2024 5 Apr 2024 5 Apr 2024
£ £ £
-
Education programme 17,443 17,443
Visit costs 6,568 - 6,568
-
Mumbeji project 3,381 3,381
Other project costs 2,139 8,424 10,563
Finance and administration costs 1,271 - 1,271
9,978 29,248 39,226
----- End of picture text -----

Finance and administration costs include, but not exclusively, the following governance costs:

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----- Start of picture text -----
Total Total
Funds Funds
Year ended Year ended
5 Apr 2025 5 Apr 2024
£ £
Independent examination 480 450
----- End of picture text -----

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

4. Short term investments

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----- Start of picture text -----
Total Total
Funds Funds
5 Apr 2025 5 Apr 2024
£ £
-
Programme related investments 40,735
- 40,735
----- End of picture text -----

Programme related investments consist of concessionary loans made to the Kasamba Honey Company Limited (KHC), a social enterprise in Kasamba, Zambia, in line with one of the objects of the Charity which is to support the development of employment initiatives and income generation projects.

Following on from previous years, there have been significant indications that this amount may not be recoverable by the Charity, and in the previous periods the Trustees wrote down the investment by 50%, however following a review in the current financial year it has been deemed that none of this amount is likely to be recoverable and therefore is has been fully written off.

5. Creditors – amounts falling due within one year

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----- Start of picture text -----
Total Total
Funds Funds
5 Apr 2025 5 Apr 2024
£ £
Loans from supporters - non-interest bearing 4,500 31,500
Deferred revenue 5,552 -
Accruals 480 870
10,532 32,370
----- End of picture text -----

All loans from supporters are repayable on request.

Deferred revenue consists of contributions towards the visit to Zambia that happened in June 2025, and the

prepayment of £4,931 on the balance sheet relates to flights purchased in advance for this trip.

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

6. Analysis of charity funds

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----- Start of picture text -----
Balance Income Amounts Transfer Balance
brought received expended between carried
forward in year in year funds forward
Year ended Year ended Year ended Year ended Year ended
5 Apr 2025 5 Apr 2025 5 Apr 2025 5 Apr 2025 5 Apr 2025
£ £ £ £ £
Unrestricted funds
General funds 8,640 45,745 (53,778) 1,470 2,077
Total unrestricted funds 8,640 45,745 (53,778) 1,470 2,077
Restricted funds
Education programmes 3,251 4,585 (7,836) - -
Mumbeji project - medical clinic 2,415 100 (2,515) - -
Borehole 1,415 - - (1,415) -
Women's clinic 55 - - (55) -
Total restricted funds 7,136 4,685 (10,351) (1,470) -
Total funds 15,776 50,430 (64,129) - 2,077
----- End of picture text -----

Education programmes

This is funding received to provide educational support for children, mainly orphans living in the community, including paying school fees, providing education materials, and supporting them with accommodation and subsistence. The Trustees agreed to subsidise this project from unrestricted funds.

Mumbeji project

This is funding received to support the work in the village of Mumbeji, including supporting education and healthcare in the village.

Borehole

This was funding to drill a borehole for the Mumbeii Play Centre Project. During the financial year it was noted that these costs has incorrectly been allocated to unrestricted funds in the previous financial year and so these funds were released back to unrestricted funds.

Women’s clinic

This is funding to provide “Bounty Bags”, which are given to women attending the women’s clinic for postnatal checks. The bags contain items such as nappies, clothing and baby soap. During the financial year it was noted that these costs has incorrectly been allocated to unrestricted funds in the previous financial year and so these funds were released back to unrestricted funds.

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

6. Analysis of charity funds (continued from previous page)

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----- Start of picture text -----
Balance Income Amounts Transfer Balance
brought received expended between carried
forward in year in year funds forward
Year ended Year ended Year ended Year ended Year ended
5 Apr 2024 5 Apr 2024 5 Apr 2024 5 Apr 2024 5 Apr 2024
£ £ £ £ £
Unrestricted funds
General funds 5,907 31,975 (9,978) (19,264) 8,640
Total unrestricted funds 5,907 31,975 (9,978) (19,264) 8,640
Restricted funds
-
Education programmes 5,323 (17,443) 15,371 3,251
-
Mumbeji project - medical clinic 1,051 1,780 (416) 2,415
- - -
Mumbeji project - play centre (2,965) 2,965
Borehole 1,415 - - - 1,415
Community school - 4,696 (4,924) 228 -
Honey project - 2,800 (3,500) 700 -
Women's clinic 55 - - - 55
Total restricted funds 2,521 14,599 (29,248) 19,264 7,136
Total funds 8,428 46,574 (39,226) - 15,776
----- End of picture text -----

Community school

This was funding to support building work at a community school.

Honey project

This was funding to support work setting up a local honey production business.

7. Analysis of net assets

Current assets
Current liabilities		 Unrestricted
Funds
5 Apr 2025
£
12,609
(10,532)		 Restricted
Funds
5 Apr 2025
£
-
-		 Total
Funds
5 Apr 2025
£
12,609
(10,532)
2,077
2,077 -
Unrestricted
Funds
5 Apr 2024
£
Current assets
41,010
Current liabilities
(32,370)
8,640		 Restricted
Funds
5 Apr 2024
£
7,136
-
7,136		 Total
Funds
5 Apr 2024
£
48,146
(32,370)
15,776

Registered charity no 1062728

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Notes to the financial statements

Wynaud Trust Annual report and financial statements Year ended 5 April 2025

8. Trustee remuneration

During the year, no Trustee received any remuneration (2024: £Nil). No members of the Board of Trustees received reimbursement of expenses related to attendance at Trustee meetings (2024: £Nil).

9. Related party transactions

During the year grants and other support totalling £12,328 (2024: £Nil) were made to Education and Health Support Initiatives, a registered NGO in Zambia. Two out of the five directors of Education and Health Support Initiatives are also trustees of the Wynaud Trust. It is intended that this NGO will manage the Wynaud Trust projects within Zambia. During this year, the NGO has started to manage the University Support Programme and the Mumbeji Project.

There were no other related party transactions (2024: £NIL), other than donations from Trustees totalling £3,229 (2024: £14,035).

Registered charity no 1062728

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