## ## ## |Ripple Africa isa registered|Ripple Africa isa registered|charity|end also a private
limited|company.
It is governed|company.
It is governed|by|its Memorandum|and Articles ofAssodagon|and Articles ofAssodagon| |---|---|---|---|---|---|---|---|---|---| |and the Companies|Act 1985.Its Charity registrabon
number|||with the Charity Commission|||ofEngland
and|Wales is 1103256,its charity|| |registration
number|with the|Office|ofthe Scoitish Charity Regulator||isSC043082, and|its|company
registration
number||is 04823686.| |Address|||Trustees||||||| |Whitekraf Business|Centre||Gabriefia Jackson||(Director)||Re-elected|26/02/2021|| |11 Lttfie Balmer|||Toby Mfiton||(Director)||R~lected|14/02/2019|| |Buckingham|||Charles
Knight||(Director)||Rs4rlected|21/01/2022|| |Bucks|||Geoffrey Furber||(Dlfectol')||R~lected|21/01/2022|| |MK18 ITF|||Trevor Ray||(Director)||Elected|14/07/2021|| ## ## ## ## |Future Plans forEnvironmenlsl
Projects|||| |---|---|---|---| |We will continue to seek funds to enable us to continue to support fishing communiTies
to protect fish stocks and to|work with||| |District Councils to introduce
District fishing permits to provide sustainable
long term project funding.|||| |We hope to expand fiw Fish for Tomorrow
project into the whole ofMangochi
District and eventually
into Karonga and Rumphi|||| |Dtstdcts snd the Islands ofChizumulu
snd Ukoma.|||| |We will continue to support householders
who have installed
the Chango Changu
Moto and help further households|lo build||these| |in nsw project ames.|||| |We will continue to support our Forest Conservation
Committees
to protect trees in the areas in which they work.|||| |We hope to further expand Ihe Iree planting
project into new areas ofMzimba District as part ofs new carbon offsetbng scheme.|||| |We wlfi expand the community
fruit tres planting
project in Nkhata Bsy District.|||| |We will con5nue to increase the stocks oforange fleshed sweet potatoes
in our area.|||| |EDUCATION|||| |Fre-schools|||| |We have pmvided
new resources for all the pnuschools
Inthe last year and 19teachers received training
in early years education|||which| |wss funded
by World Vlshn.|||| |All teachers srs now putbng the training
into pracbce and focusing more on child led teaming
through
structured
play.|||| |Mafilda, our Disabilities and Rehabilitation
Coordinator,
has continued
to help teachers further develop techniques
to engage all children|||| |attending
irrespective ofsny disabififies.|||| |Repair works have been carried out to the kitchen at Matekr I Pre-school and at Mazembe and Chitingulu
pre-schools.
Matete I has|||| |also been repainted.|||| |Primary Schools|||| |We recshrsd
funding tocarry out maintenance
at two ofIhs primary schools we supporL At Mwaya Primary School, dassroom
window|||| |frames wws repaired and fitte with burglar bars, chalkbosrds
were repaired snd repainted
and four classrooms were rsdisinted.||At|| |Mstete Primary School we built another teacher's house and cerned out repair work on some ofthe classrooms too.|||| |We have confinued
to fund four trainee teachers at local primary schools to supplement
the government
teaching
slaff, snd Matilda|||has| |been running
awareness
sessions and teacher training at Ihe primary schools too, helping students
and teachers to support those|||with| |sddiaonal
needs.|||| |Maston confinues
to run fruit tree planting
training
with the school Environment
Clubs snd some ofour team represented|Ripple Africa's||| |Educafion projects ata Day ofthe African Child event in ttw Districk Activities focused on one ksy massage, to encourage|children||to go| |to schrxfi.|||| |Students at Mwaya snd Matete Primary Schools took part in First Aid lessons with volunteer
Tom, an Italian nurse working|in Ihe UK.||| |Tom has been volunteering
in one ofIhs local cfinics and during the afternoons,
running
interactive
first aid training.|||| |Kspsnds
Community
Dsy Secondary School|||| |Following adeasion by the Government
ofMalawi Iodou5e the number ofstudents
entering
Form I sl Kspsnda each year. we have|||| |successfully
secured funding
from Founds5on Eagle toconstruct s new double dassroom
block and to provide desks for|all ths children||| |who ars currently
having to work instemporary
outdoor dsssroom.|||| |We have also repaired beds at the Girls' dormitory. Slats had broken orcome away from the frame so girls were top-and-tailing
in||the|| |beds that were not damaged
but we are pleased Ihsy have now been repaired
giving the girls a much more peaceful
night's sleep.|||| |The school was ranked 26th oul ofthe 208schools in ths region following the MSCE exam results. 69.53kof Form 4 students passed|||| |their end ofschool exams and the top result for the school was Davis Chirwa
with 17points. Head girl Juliet Nyrienda
came in with|||the| |second highest result with 22 points.|||| |Four female students
were within the top 10sWdents which is really positive. The overall pass rate for the girls was 634/o which shows|||| |that living on the school premises
allows them Ihe fime they need to focus and sWdy instead ofhaving to help with chores|at home||and| |being put at risk ofdropping
out due to child mantagss
or pregnancy.|||| |UnNersffy|||| |Three students
remain et university,
snd we sre proud ofAaron for graduating
with s Bachelor ofScience in Environmental|Health.||The| |remaining
three students,
Richani, Elmon and Colez, are due to graduate
in the next financial year.|||| |Aaron said, "My university
experience was fun,
Ihave learnt s lotofthings induding
how to interact with people ofdifferent cultures|||and| |religion. Now Ihat Ihave graduated,
Iwant IoJoin a youth crganisafion
in my community
to inspire them and volunteer for|Ripple Africa.||| ## ## ## ## ## ## |Qthe NSattma| |---| |uagfying
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Autfaott
Iro»»dm Audit tknhod| |etn moor tsw«vt Hvvtv| |SN:QfitJe«ty| |ttuuten| |NQD| ||||||Unrestricted|Restricted|| |---|---|---|---|---|---|---|---| ||||||Funds|Funds|Total2022| |Income and Endowments||from:||Notes|8|E|f| |Donations
and legacies|||||188,660|1,225,665|1,414,325| |Investment
income|||||208||208| |Total Income|||||188,868|1,225,665|1,414,533| |Expenditure on:|||||||| |Raising funds
Charitable
activities|||||(127,408)
(57,720)|(1,049,423)|(127,408)
(1,107,143)| |Total Expenditure|||||(185,128)|(1,049,423)|(1,234,551)| |Net income|||||3,740|176,242|179,982| |Reconciliation of|funds||||||| |Total funds brought|forward||||5,940|273,188|279,128| |Total funds carried|forward|||18|9680|449430|459110| ||||||Unrestricted|Restricted|| ||||||Funds|Funds|Total2021| |Income and Endowments||from:||Notes|E|8|8| |Donations and legacies
Investment
income|||||123,229
194|768,572|891,801
194| |Total Income|||||123,423|768,572|891,995| |Expenditure
on:|||||||| |Raising funds
Charitable
activities|||||(80,135)
(111,259)|(631,998)|(80,135)
(743,257)| |Total Expenditure|||||(191,394)|(631,998)|(823,392)| |Net (expenditure)fincome|||||67,971|136,574|68,603| |Reconciliation
offunds|||||||| |Total funds brought|forward||||73,911|136,614|210,525| |Total funds cerned|forward|||18|5,940|273,188|279,128| |All ofthe charity's
activities derive from
The funds breakdown
for2021 is shown|||continuing
operations
in note 18.||during the above two periods.||| |||||~RI
I
II|~RI
I
II|I RRI
1M|222||||Page 12| |---|---|---|---|---|---|---|---|---|---|---|---| |||||Notes||||||2022|2021| |||||||Unrestricted||Restricted|||| |||||||Fundf|||Fund
f|Total Funds
f|Total Funds
f| |Fixed Assets|||||||||||| |Tangible Assets|||||14||1,956||196,961|198,917|118,109| |Current Assets|||||||||||| |Debtors|||||15||2,168||10,070|12,238|3,887| |Cash at bank and in hand|||||20|12,248|||328,969|341,217|216,413| |||||||14,416|||339,039|353,455|220,300| |Creditors|||||||||||| |Amounts
falling due within one|||year||16|6,692|||86,570|93,262|59,281| |Net Current Assets|||||||7,724||252,469|260,193|161,019| |Net Assets|||||||9,680||449,430|459,110|279,128| |Funds ofthe charity:|||||||||||| |Restricted funds||||||||||449,430|273,188| |Unrestricted
funds||||||||||9,680|5,940| |Total funds|||||18|||||459,110|279,128| |The charitable
company|is|entitled|to exemption|from audit under section|||477of|the|Companies|Act 2006 for the year ended|| |31 May 2022.|||||||||||| |The members
have not|deposited||notice, pursuant||to section 476 ofthe||Companies||Act2006 requiring
an audit||ofthese| |financial statements.|||||||||||| |The trustees
acknowledge||their responsibilities||for|||||||| ||||||||~Rt|I N\|||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||Cash Flow||ta emen||fo|the Year Ended 31 Ma||2022|| |||||||||Notes|2022||2021| |||||||||||6|6| |Cash gows from operaging|activities||||||||||| |Net cash income/(expenditure)||||||||||179.982|68,603| |Adjustments
to cash flows from non~ah||||items|||||||| |Depredation||||||||||51,686|23,793| |Irwestment
incorse||||||||||(208)|(194)| |Loss on disposal oftangible|fixed||assets|||||||4,435|3,242| |||||||||||235,895|95,444| |Working capital adjustments|||||||||||| |Decrease in debtors||||||||15||(8,351)|4,279| |Decrease in creditors||||||||16||33,981|32,641| |Net cash flows from operating||activities||||||||261,525|67,082| |Cash flows from|||||||||||| |invesbng
activities|||||||||||| |interest receivable and similar||income||||||5||208|194| |Purchase oftangible gxed assets||||||||14||136,929|11,713| |Net cash used in investing|activities|||||||||136,721|11,519| |Net increase
in cash and cash||equivalents||||||20||124,804|55,563| |Cash and cash equivalents|at|beginning||of reporting||period||20||216,413|160,850| |Cash and cash equivalents|at|end|ofreporgng||period|||20||341,217|216,413| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|||| |---|---|---|---|---|---|---|---|---| ||||||Funds|||| |||||||Restricted||| ||||||General|Funds|Total 2022|Total 2021| |||||||6|6|6| |Donations||and|legacies;|||||| |Donations|||||112,985|871,289|984,274|441,804| |Gilt aid|reclaimed||||31,545||31,545|21,902| |Grants,|including|||capital grants;||||| |Grants|from other|||organisa8ons|44,130|298,556|342,686|307.698| |Ripple|Africa,||inc.|||55,820|55,820|120,397| ||||||188,660|1,225,665|1,414,325|891,801| |5.Investment|||income|||||| |||||||Unrestricted||| |||||||Funds||| |||||||General|Total2022|Total2021| |||||||8|6|6| |Interest|receivable|||on bank deposils||208||| |a)Costs o|fgeneratin|g
donations
and l|egacies|||| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||Funds||| |||||General|Total 2022|Total 2021| ||||Note|6|6|6| |Fundraising|costs|||62,791|62,791|28,773| |Marketing,|advertising|and website||4,584|4,584|3,131| |Staff Costs||||46,233|46,233|38,928| |Allocated support costs||||13,800|13,800|9,303| |||||127,408|127,408|80,135| ## ## |||||Unrestricted|Funds|||| |---|---|---|---|---|---|---|---|---| |||||||Restricted||| |||||Designated
8|General
f|Funds
E|Total2022
E|Total 2021| |Buildings|||||3,537|40,672|44,209|33,897| |Education|||||3,723|42,814|46,537|36,113| |Environment||||||450,372|450,372|291,333| |Health||||||33,179|33,179|40,487| |Motor Expenses|||||4,648|117,967|122,615|77,092| |Projects|||||9,575|110,099|119,674|51,785| |Wages and|Salaries Malawi||||4,083|200,049|204,132|155,785| |Bank Charges|||||179|2,061|2,240|463| |Wages and|salaries UK||||30,822||30,822|25,740| |Marketing,
adverfising||snd website|||1,964||1,964|1,342| |Travel 5subsistence|||||8,820||8.820|4f53| |Depreciation|offreehold||property|2,933|||2,933|2,933| |Depreciation|ofmotor|vehicles||||46,269|46,269|18,506| |Depreciation|ofoflice|equipment|||978||978|847| |Depreciation|ofother|assets||||1,506|1,506|1,507| |(Profit)fioss|on sale offixed assets|||||4,435|4,435|2,378| |Allocated
supporl costs|||||8,549||8,549|6,251| |Foreign Currency (Gain)/Loss|||||(29,667)||(29,667)|(6,508)| |Governance|costs||||7,576||7,576|3,959| |||||2,933|54,787|1,049,423|1,107,143|743,257| ## |||||Unrestricted||| |---|---|---|---|---|---|---| |||||Funds||| ||||Basis of|||| ||||allocation|General|Total 2022|Total 2021| |||||8|8|| |Telephone|&fax||60%ofcosts|965|965|310| |Oltice expenses|||60'/o ofcosts|11,846|11,846|9,066| |Travel &subsistence|||10'/o ofcosts|980|980|(73)| |Training|||50%ofcosts|9|9|0| |||||13,800|13,800|9,303| |Charitable|activities expenditure|||||| |||||Unrestricted||| |||||Funds||| ||||Basis of|||| ||||allocation|General|Total 2022|Total 2021| |||||8|8|8| |Telephone|&fax||40%ofcosts|643|643|206| |Oflice expenses|||40'/o ofcosts|7,897|7,897|6,045| |Training|||50%ofcosts|9|9|0| |||||8,549||6,251| |Governance|costs|||||| |||||Unrestricted||| |||||Funds||| |||||General|Total 2022|Total 2021| |||||8|8|8| |Staffcosts;||||||| |Wages and|salaries|||||| |Audit fees;||||||| |Audit ofthe|financial statements|||7,019|7,019|3.595| |Legal fees||||||| |Other governance||costs||277|277|227| |Bank Charges||||280|280|137| |||||7,576|7,576|3,959| |Net incoming/(outgoing)|Net incoming/(outgoing)|resources for the year indude:||| |---|---|---|---|---| ||||2022|2021| ||||6|6| |Audit fees|||6,450|3.595| |Depredation|offixed assets||51,685|23,793| |Foreign currency (gains)fiosses|||(29,667)|(6,508)| ## |11.Staff costs||| |---|---|---| |The aggregate
payroll costs were as follows:||| ||2022|2021| |||6| |Staff costs during the year were:||| |Wages and saiaries|281,187|220,453| |expressed|as|full time equivalents
|was as follows:|||| |---|---|---|---|---|---|---| ||||||2022|2021| ||||||No.|No.| |UK Staff|||||3|3| |Malawian|Staff||||135|137| ||||||138|140| |No employee||received emoluments|ofmore than f60,000 during|the year.||| |12.Auditors'||remuneration||||| ||||||2022f|2021
6| |Audit ofthe financial statements|||||6,450|3,595| ## ## ## ||Land|and|Furniture|and|and|Motor|Other tangible|| |---|---|---|---|---|---|---|---|---| ||buildings||equipment|||vehicles|fixed assets|Total| ||8||6|||6|6|6| |Cost||||||||| |At 1June 2021||84,560||33,559||168,872|9,340|296,331| |Additions||||2,934||133,995||136,929| |Disposals||||||15122||15122| |At 31 May 2022||84560||36|493|287745|9340|418138| |Depreciation||||||||| |At 1 June 2021
Charge for the year
Elim'id on disposal|23.468
2,933|||33,559
978||113,361
46,269
10687|7,834
1,506|178,222
51,686
10687| |At 31 May 2022|26401|||34|537|148943|9,340|219221| |Net book value||||||||| |At 31 May 2022|58,159|||1,956||138,802|0|198917| |At 31 May 2021|61,092||||0|55,511|1.506|118,109| ## |15.Debtors|||| |---|---|---|---| |||2022|2021| ||||6| |Other debtors
Prepaym ants||10,070
2,168|1,793
2,094| |||12,238|3,887| |18.Creditors: amounts|falling due within one year||| |||2022|2021| |||6|6| |Accruals||93,262|59,281| |||93,262|59,281| ||||Notes t|
o financi|al statements||| |---|---|---|---|---|---|---|---| |18.Reserve|||||||| ||||Balance at 1June||Incoming|Resources|Balance st| ||||2021||resources|expensed|31 May 2022| ||||K|||K|K| |Unrestricted|Reserve||||||| |General|||(37,724)||188,868|(182,195)|(31,051)| |Designated||||43.664||2933|40731| |Total Unrestricted||Reserve||5,940|188,868|(185,128)|9,680| |Restricted|Reserve||273,188||1,225,665|1,049,423|449,430| |Total Reserve|||279,128||1,414,533|1,234,551|459,110| ||||Balance at|1June|Incoming|Resources|Balance at| ||||2020||resources|expen sad|31 May 2021| ||||K||K||| |Unrestricted|Reserve||||||| |General||||27,314|123,423|(188,461)|(37,724)| |Designated||||46597||2033|43 664| |Total Unrestricted||Reserve||73,911|123,423|(191,394)|5,940| |Restricted|Reserve||136,614||768,572|631,998|273,188| |Total Reserve|||210,525||891,995|823,392|279,128| |19.Anal|ysis ofcurrent assets sn|d liabilities
betwee|n funds|||| |---|---|---|---|---|---|---| |||Unrestricted|Funds|||| ||||||Restricted|| |||General||Designated|funds|Totalfunds| |||K||K|K|K| |Current|assets||14,416||339,030|353,455| |Current|liabilities||(6,692)||(86,570)|(93,262)| |Total net assets|||7,724||252,469|260,193| |20.Analysis ofnet funds||||||| |||||Balance at 1||Balance at| |||||June 2021|Cash flow|31 May 2022| |||||K|K|K| |Cash at|bank and in hand|||216413|124804|341217| |Total||||216413|124,804|341217| ## ##