Trustees, annual report foi the period CHARITY COMMISSION FOR ENGIAND AND WAIES Period MPIKA VILLAGÉ OF HoPi ahmity No lif w) ieleien Pdfa 1.17 (AThnd' iy of Ihe of the dwily lis sel wt iii ils yovtyni diKum(yil Stmmafy ol the main aclivilies lold11 to those pu[posc ff It pul)Iic l)enelil. Ifi Ili]I IiEulai. Ihe a(INilie5. PfOjI'(1s 01 service5 Ithd in t1 df.coiinl 51aeffteni IMI119 whelher ihe. tru51ees liave liad fpwd to Ihe qwd¥Ke. issued by ihe Chainy C(MiiiN%£ion oi) ijul)Iir ITellI Additi(MMI information (optionao Y(w tnay (hoose lo Indle sldfftnts ide¥art libout: 50RP tefereme a 1.38 'rwsTECS (2ePolT PMa 1.17 aThl 1.19 'TpJAStsS QEPDQT PJa 1.18 "rlusT&i Il£PoQT Poly (m whnl mdkjng Jlh fml 50tiol uJve5trnott atn ielaleuSC (l(Y OIuEENseLARy, 6£AD. 6tX3 1 Ilames of the Ihaflty trustees wlm) manage the chaiiiy oirwe (d aAy) DalÈsatted il bo*) eNlilled to b•stee litany) PJ2iAfyJ f¥JEwH4rfi ILIE Lrtow"rrte vthrKJfvJ 10 11 12 13 14 1S 16 17 18 19 IhMlyA(IOlDIIs ItYW4e5-INee5. a¥wal iLy4hi l(h rxiolK¥ al ont (wate trustees- names of the directors & the date the rep(fft was apwoved Ihte(lor name Nane of t[uSte holding title to 0pY bekgIng to Ihe tharily t4iA Ihthily A((LNtyiIS iutW(s- Iiu5*Y5' 4*]nu61 IEPM the 7¢xl J,4ri IiustC'ES O-, tschalt ot Qincrs die a&sets l*ld in di15 (l11V IJIA and ofy"e(ts ol dwbty held Jxl IK>W lkns lals Ihe iusludiAQ ['S Ik4als ol arrryfflrt trf sale (ilodY and segfegalw assets liom the (Iiaiily's Ihwl a55eis IA fvjl Additional infofmaiion (optIal) TTre of adviser Vir*4. 14trhfLiY th, Tywe 14•ne ol thief exe(ulive names of senior st% (Optirnal infomiaion) Exemplions fiom disdosute Reasi)n loi fft)A-dis(105uie ol kEy pevAKmd det Othu optional inlo(fflation U4wrty ItINoes' lof Ihe O(trAJry 21116 liv51 deikre thai IVe apd Ihe tsUste, rQh ab)ve. Styed on behall the$ tllthe5 NEhJHIi rouSTEE 0910712024 thHily A(ctMthI15 IEyYWe5- IE1th*5" tep( l(N (Eityj (HARITY COMMISSIO FOR ENGLAND AND WAI.ES 11WAI Receipts and payments accounts Forthe perfod CC16a Section A Receipts and payments fwids funds Totalfunds A1 Recelpts sTrP Nco REOLILAR IThTS A01K DONh"rioHs FIJYI)RAa EVENTS S OF RAGS H•411C REPAYTrIENTS (vall Ig5A61 1&9.668 1A1 134 CI>ABWED QYHEft MISCELLANEIXIS Sub lot(GrOSS incLyne for 121.812 121.612 {$•• t•bl•l. LOAN REPAYMENTS Sub totsl 121,612 141409 •nts Wrtr*5 IZAMEIiA) UK STAFF SREs SHUP PRCMk8ES RENT. RATE INSIJRANCE AND UTltriis SHOPPREML%ES ANL) MISCELLANECMJS STOCK. SHOPANf) STATIC*4ERY swEs FIJNLwfswtr7 EVE1 ErnSES SIIPPWG CONTAINER C(kSTS, FI 39A13 314 J1.841 ¥143 X741 271 J12 312 L•alRWGE. piisfAGE ANYJ NTK)Ns 794 Sub tal 19.701 urthases. (see tablo Sub fotai 118.9B5 11•.985 124.506 NetofreCei{payments} 16 1627 t7. 1526 96,153 7*563 CCXX R1 Section B Stateiiient of assets aiid liabilities at tlie eiid of tlie period CdtLxgtsFléS nds nd$ nds is) nd$ 4t2115 l)etails Deta*ls 84 Amats ret•lned for the ITI- 85 Liablllii Pthl N8mo 09A)7r2024 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteeslmembers of MPIKA VILLAGE OF HOPE On accounts for the year ended TH 5 APRIL 2024 Charty no (rf any) 1106841 Set out on pages SET OUT ON PAGES 1 AND 2, PLUS PDF SUPPLEMENT I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) for the year ended 0510412024 Responsibilities and As the thaiity ttustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Act.). I report in respect of my examination of the Trust's accounts canied out under sectton 145 of the 2011Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention ( in conneclion with the examination which gives me cause to believe that in, any material Independent examiner's statement accounting records were not kept in accordance with section 130 of theActor the accounts do not accord with the accounting records I have no concerns and have come across no other matters in conneclion wilh the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: q-l-2 Name: PAUL STANLEY HUTCHINSON Relevant professional qualificatlon(s) or body (if any): FCA Address: 246 PARK VIEW, WHITLEY BAY TYNE AND WEAR NE26 3QX Section B Disclosure Only complete rf the examiner needs to highlight matters of con¢em (see CC32. IndeperKlent examination of charily accounts: directions and guidance for examiners). IER October 2018 Glve here brlef details of any Items thatthe examiner wishes to IER October 2018 F4XTrE YEAR EIW 5th APRIL2024 Unlt 16. Black Dyke M115. Br¥he Road. Queensbury. Brndford. BD13 IQA 1106841 Brian Newham Christlne Anne Walkln Crowther CtrOpBrntive Bank PLC Business D1ct Skelmelale Paul Hutchlnson Bsc FCA Harri50n Hutrhlnson Limited 246 Park View Whity Bay and Wear NE26 3QX FOR THEYEAR ENDH) 5thAPRi 2024 Type of governi d(xument Thefund 15 8overned by aTnLSt Deed dated 2nd Septenknr2004. the terms and rules of which werp lart amen on 2e Febary 2023. The nd is a tharliable unincoryK•rated and is governed trrythe rule5 of aml in the alx)ve trust deed. When the trustees nwl to appointa newtnts to repko a Itee. it is placed on the nextavailable tnLStees meetingagenda fordis¢u5sion. The rnenkn make theirsuggestions and the l*)ard aftera discussion agrees on WIM> shLwkl be approached. Once aPp&hed and having accepted the invilalion to be a trustee. they a Induction and training of tn New trustees are provlded w6th suhable documentstiDn laking up postto ensure a good knowledge of their respons71 Jilitles. All ff*mb*51ake an approprfats part In the tasks Mivolved In thefvrtherdn¢eof ourobiectfve Oyonisalk)nal slnthire of charlty The orgabisallonal structure consists of Trustees. volunteets who staff the shop and five paid slaff who attend to the day to day {regulatoryand finjaIl operatK>nsof the charity. PU(Se5 of charity The Mplk3 Village of Hope is where the chihlren find shelter. warm meals and xhooling. We teach them to care forone another. The school is th? best in the distr¢ with glowing reports.The fam) provides sla food forthe kitchen to enable itto provkle the children and workets with mea15. The orphan74e has clean water fnxn the bore hole in SI and expert n*dical care 15 on hand when needed. OurObj1ve5 been to provthle reeularschool fees. a MaintenanETrntaThd eXCePnal item5 such as fertsli*rand f¢xus mostour5urpluse5 toward5 the rebuilding of the 0hanage. mmary of main acti4hies The Mim Charity shop providesthe money required foral ouroperations and we have a steady income slream fM private indi¥iduab who donate sponsorship moneythat is tsansferred direth to the orphan¥. ConsideratiDn of pubk benefft TheTnth have read the CharityQ)mmission 8u•Jance on pthllc benefft and are satisfied thatthe actwilles oullined ab(p4e clearfy denN)nslrnte thatthe charity 15 providing a benefftb) the public. MPIKA VILLAGE OF HOPE TRUSTEES REPORT (continued) FOR THE YEAR ENDED 5th APRIL 2024 ACHEVEMENTS AND PERFORMANCE Main achlevements Thecharity continued to provide rebuilding fees, a maintenance grant, school fees, sponsorship and other itemsto the 0hanage in Northern Zambia and we continue to work with other charities to provlde help to people in need and hence, making best use of any excess donalions received. In particular, we have donated wlnter clothing to the homeless. Performance The trustees are pleased to report that funds contlnue to Increase year on year and stand at as at £96,153 a5 at 5 Aprfl 2024 {2023: £93,526). FINANaAL REVIEW Financial position as at the year end Orphanage operations and wages In Zambia of £39.413 (2023.. £53,486) were paid out during the year. Shop income amounted to £105.668 (2023.. £123,8291 whllst income from other activities lexcludlng receipts from HMRCI amounted to £11,97312023; £18.0601. Ofthls £11,973. £7,468 related to Donations recelved, £1,554 was In relation to Sale of Rags, whilst other sources 8enerated £2,951. Resetves policv The trustees have estsblished a reseNes poliry. to hold in available balance an amount equal to between 3 and 4 months of operating costs. Amount of reserves held Our available balance atthe balance sheet date was £96.153 {2023: £93,526). The Trustees are satisfied that they have sufflcient reserves on hand to enable the fund to function effectively in the coming year. Principal sOue of funds The Mill Shop provides the main source of income. We a150 derive income from sponsorship, donations and organi5ing events. Risk5 facing chaiity The Trustee5 have overall responslbllty for ensuring that the Charity has an appropriate system of control5, financial and otherwise.They are also re5ponsibleforsofeguarding the assets of the Charity and hence fortaking r&isonable Steps for the prevention and detection of fTrud and other irregularitie5 and to provide aSSurance that Its assets are safeguarded against unauthorlsed use ordisposltion; Proper records are malntalned and financial Informalion used wlthin the Charity or for publlcatlon 15 reliable. The Charlty complles wrth relevant laws and regulations. TheTrustees have made an assessment of the major risks facing the charity and are satlsfied that there are pollcies In place to mlnimise these rlsks. MPIKA VILLAGE OF HOPE TRUStEES REPORT FOR THE YEAR ENDED 5th APRIL 2024 STATEMENT OF TRUSTEES. RESPONSIBILMES The trustees are responsible for preparing the Tru5tees' Annual Report and the financial statements in acwrdance wlth applicable law and Unlted Kin8dom Accounting S13ndards (Unlted Kingdom Generally Accepted Accounting Practiol. Law apIcab to charlties in England and Wales requlres the trLtstees to prepare financlal statements for each financial year whlch glve a true and fairview of the charlty and of the incoming resources and appllcation of resources of the charity for that year. In preparing these h)ancial Statements the trustees arE requlred to: Sekt sultable accounting poli¢ies and then apply them con5istsntly. Observe the methods and prfnciples In the Charities SORP,. Make judgments and estimates that are reasonable and prent State whether appllcable accountin8 stsndards have been followed, subject to any matarfal departures disclosed and explained In the financlal ststements; Prepare the financial statements on the golng wncern basls unless it is Inapproprlate to presume that the charity wlll contlnue in operdtlon The trustses are responslble for keeplng proper accounting records which dlsclose with reasonable acc(tracy at any time the financial position of the charity and enable them toensurethatthe financial statements Comp with Part 8 of the Charltles Act 2011 and the Charf(les {Accounts and Reports) Regulations 2008. They are a150 responsible forsafeguarding the a55ets of the charty and hence fortaklng reasonable steps for the prevention and detection of frdud and other irregulartties. Approved by the trustee5 on 21" June 2024 and signed on their behalf by Brlan Newham TRUSTEE