CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period from Period start date 1.1.2022 To 31.12.2022 Period end date Charlty name: Chipembelè Trust UK Charity reglstrallon number. 1107898 Objectlves and Activities Summary ol the purposès of the charity as set cmjt in its goveming do¢wment Thg objects ofthe charity ar• 1. The advancement of educallon In Zambia 2. The promotlon of envlronmental sustsinablllty for the benefit of people in Zambla. Summary of th8 main activities in relation to those purposes for the public benefi( in particular, the activikngs, projeds or seThices identified in th8 accounts. Thg Charity solely supports the activities of chipem1￿Ie Wildlife Education Trusi a rngisternd charftable trust In Zambla (since 1998). These activitles Include conservation education for Zambian school chlldren and local communities. student sponsorship at secondary and tertlary level. wildlife rEhabllitation and ¢ommun su OTL Statement confirning whether the trustees have had regard lo the guKlance Issued by the Charity Commission on public benefit P•rn 1.18 Trustees have had regard to thè guldance Issued by the Charity Commlsslon on publlc benefit and belleve that they comply wlth thls Additlonal inforniation (optlonal) You ma choose to include further ststements vthere relevant ab( Policy on grant making Policy on soaal investrnent induding program reLated investment Contribjbon made by volunteers Par• 1.38 Other Achievements and Performance The maln achlevements of the charity In 2022 Include: . Raising funds for CWEf from grants, fund raislftg Initiatives and indivldual donatlons (ad ho4 repeal Dlrnct Debits etc). . Processlng and transferrlng £120,165 of donated funds through the charity to CWEf in Zambia In 2021. Th15 repTrsented 46% of the total Income of CWET that year and was a major cothbutlon to the operdtlonal and administrative running costs of the organlsation. . Admlnisterfng and collectlng Glft Ald on appropriate donations . Promoting the ch•rfty and its beneficiary Gharity in Zambia among the genernl publlc . Regularfy Ilaislng wlth the CEO and with the Founding Director of CWET. Assessing cw￿ monthly management rèports to ensure Chipembole Trust's objectives rnmaln up4041ate and relevant . Supportlng CWEf In Its achlevement as the leadlng cortservatlon educatlon NGO In Zambla. Chlpembele Trusvs support of CWET In 2022 helped the organlsation to provide an extenslve and successful 31 conservation education progrdmmes in 19 Govemment schools and hundreds of local comfflunity groups. It also helped provide sponsorship for 39 school students and 14 university students Summary ofthe main athievements ol the tharity. identifying the difference the ¢hariVs work has made to the circumstances of its beneficiaries and any wider benefits to scoety as a whole. Addltlonal infomation (optional) You ma choose to indude frjrther ststements where re￿vant about Achievements against objefthves set Pwa 1.41 perfofflTrn￿ of fundraisir activities against objeciives set P*è 1.41 Investrnent perfonnan against objectives P4ra 1.41 Financial Review Review of the charitys financial position at the erKI of the pgriod P*a 121 The Trustees have carefully considered the financial ststus of the organisation and have assessed that it is financially sound. At the end of the year the book balance of the chari was £13 235 Chipembele TYusVs expenditure is minimal as the Tntstees are all volunteers and do not claim allowances or expenses. Organisational expenditure comprises monthly bank charges and occasional small administrdtive expenses. The Trustees therefore agthd to aim to maintain sulficient ffeo reserves in unrestricted funds to Gover 3 months of the charity's admlnlstratlvelbank charges and to asslst CWET wlth any funding shorttall or emergency funding. The Trustees conslder that this level would provlde sufficient funds to ensure that both govemartce and emergency support costs are ¢overed. Statement explaining the policy for holding reserves stating why they are held P•ra 122 Amount of reserves held Reasons for holding zero reserves Details of fvnd materially Sn deficit Explanation of any uncertainties about the charity ￿ntin￿n9 as a going concem P*o122 NIA 124 NIA P•A 123 None Additional information (optional) You ma thoose to indude further slatements relwant abouL" Chlpembele Trnsvs maln sources of income in 2022 were as follows: • Individual donalions (ad hoc ¢ontributions and Trgular bank transfer5) • Gift Ald . Grants from other organlsatlons or trusts: Living5tone Foundation, CCG Trusl Kleinwort Charitable Trusl Chrls Fenner Fffid. Olsen Animal TTUSL •TheBi Give mat¢h fund Nong The theri￿5 prinopal sources of funds {inchJdi any fundraising) IA7 Investsment policy aThl objectives including any social invesbreni policy adopted The tTUStee5 have carefully cOnside￿d the potential risks facing Chipembele TrusL They have concluded that as it is financially and administratively stsble it d¢>es not face an si nificant ri5k$. A description of the prinapal risks faung the charity P*a 1.48 However. the charity it supports in Zambia tan be subject to considerable currency fluctuations and high inflation rdtes12Z8°h in 2021) which affect the annual budget and the funds available for operntions and programmes. To help mltigate this risk in 2022, the Trustses agreed hold on tothe funds during a particularly unstable political tirne when there were General Elections. Once the new Govemment was in place the currency exchange rate stabilised and the funds were then sent to CWEr Other Structure, Governance and Management Description of thari￿S trusts: Type of goveming document trust deed, ro al eharig How is the tharity constiiuted? (e.g unincorporated assoaation CIO Tnjstee selection methods including details of any constrtutional provisions e.9. e18Ction to post or name of any person or bc*Jy entl￿ed to appoint one or morn twstses 12S P•• 125 Charitable Trust Pw• 12S Throughout 2022 there were 4 Trustees, which fuifils the ￿qUIrEMent in the Trust tyeed of there being at least 3 Trustees. Apart from the fiT5t Tn￿te85 each new T￿￿tee must be appointed by a resolution of the Tn￿tee$ passed at a special meeting. All other tenns and conditlons specified In the Trust Deed ardln Tnjstees wefe adhered to. Additlonal Snforniation loptional) You ma choose to include lurther statemènts whern relevant abouL" Polides and procedures adopted for the indud1￿1 and training of truste 1.51 The charl￿8 organlsational $tru¢tuffj and any wider with which the Charity works 1.51 Relationship any related partles P•1.51 Reference and Administrative detalls Chari name Other name the cha ' uses Re istered chari number ChariVs principal address Chi bele Trust 1107698 3, Lathhill House. Cemetery Road. Abingdon. Oxon. OX14 1GN Names of the Ghality trustees who manage the charity Dates act￿ If nr*forwhole ear Trustee narne Offl¢e {W any) Name of person lor body) entltled int trustee rfan June CHAPMAN Nigel MORGAN Paul NORLEY Anna TOLAN ChairlHon Sec Hon TreasuTer 10 11 12 13 14 15 16 17 18 19 20 orate trustees~ names ofthe directors at Ihe date the Dlrector name rtvrnsa roved NIA Name of trustees hohjing tiue to propety belonging to the tharity Tru5t*e name Dates acted11 notforwhole NIA Funds held as custodian trustees on behalf of others Description of the assets held in this capaoty None Name and objects of the charity on whose behalf the assets are held and how this falls ￿￿thin Ihe cuslodian charitys objects WA Details of arrangements for sale Custody and segregation of s￿h assets from the tharitys assets NIA Additlonal Information (optionall Names and addresses of advlsers (Optlonal Inforniatlonl Type of Namè Address advlser Name of thlef oxecutlve or names of senlor staff members (Optlonal Infomiatlon) Exemptlons from dlsclosure Reason for nonthdisclosurè of k nnel delails NIA other o tional infomiation Declarations The trustees declare that they have approved the trustees. report above Slgned on behalf of the charitys tru5tee5 Slgnaturels) Full name(s) Position leg Secretsry. Chair, etc) Anna TOLAN Nigel MOR Tru￿ee TrusteelHon chaI￿nan Dats 03.06.¥J **The Chipembele Trust Statement of Accounts For the year ended 31st December 2022** _**Charity number: 1107698**_ **The Chipembele Trust** ## **Statement of Accounts** |**Contents**|**Page**|| |---|---|---| |Income and Expenditure Account||1| |Statement of Assets and Liabilities||2| |Notes||3| ## **The Chipembele Trust** ## Income and Expenditure Account for the year ended 31st December 2022 |**Incoming Resources**
Donations
Donations via Paypal
Investment income and interest
Gift aid refunds
Sundry income
**Total incoming resources**
**Resources Expended**
Charitable expenditure
Fundraising costs
Paypal and JustGiving fees
Management and administration
Finance and bank charges
**Total resources expended**
**Net incoming/(outgoing) resources for year**
Total funds at 1 January 2022
**Total funds at 31 December 2022**|£
£
**51,061**
**3,241**
**-**
**9,434**
**19**
**63,755**
**39,129**
**-**
**353**
**-**
**55**
**(39,537)**
**24,218**
**9,297**
**33,515**
**2022**|£
£
**48,158**
**3,797**
**-**
**6,331**
**-**
**58,286**
**120,120**
**123**
**409**
**-**
**165**
**(120,816)**
**(62,531)**
**71,828**
**9,297**
**2021**| |---|---|---| 1 ## **The Chipembele Trust** Statement of Assets and Liabilities as at 31 December 2022 |**Current assets**
Debtors
Cash at bank and in hand
Current account
Paypal - sterling account
Paypal - dollar account
**Net current assets**
**Net assets**
**Represented by:**
**Funds and reserves**
Restricted funds
Unrestricted funds|£
£
**33,492**
**(1)**
**24**
**33,515**
**33,515**
**-**
**33,515**
**33,515**
**2022**|£
£
**-**
**9,273**
**18**
**6**
**9,297**
**9,297**
**9,297**
**9,297**
**2021**| |---|---|---| 2 ## **The Chipembele Trust** Notes to the Statement of Accounts for the year ended 31st December 2022. ## **1** ## **Principal Accounting Policies** ## _Basis of Accounting_ The basis of preparation of the accounts is that they are receipts and payments accounts. ## _Taxation_ The Trust has been granted charitable status by HM Revenue and Customs and is therefore not liable for taxation. ## **2** ## **Restricted Funds - 2022** |Rebuild of elephant boma
Conservation Education/Outreach programmes
Chipembele Conservation Centre programmes
Nature Nights
Animal Rehabilitation
M Banda
V Banda
W Banda
Kunda
Milanzi
Mvula
Phiri|**Balance**
**Balance**
**brought**
**carried**
**forward**
**Income**
**Expenditure**
**forward**
£
£
£
£
-
7,100.00
(7,100.00)
-
-
20,922.00
(20,922.00)
-
7,500.00
(7,500.00)
-
-
-
-
-
-
-
-
-
-
460.00
(460.00)
-
-
600.00
(600.00)
-
-
355.00
(355.00)
-
-
480.00
(480.00)
-
-
200.00
(200.00)
-
-
40.00
(40.00)
-
-
360.00
(360.00)
-
-
38,017.00
(38,017.00)
-| |---|---| ## **3 Trustees' Remuneration** No remuneration was paid to any of the Trustees. ## **4** ## **Investment and Interest** |Bank interest
Repayment supplement|2021
2020
£
£
0
0
0
0
0
0| |---|---| 3 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name The Chipembele Trust 31[st] December 2022 **Charity** 1107698 **On accounts for the year no (if ended any) Set out on pages** 1 - 5 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2022. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection 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. **Date:** 02/10/2023 **Signed: Name:** Sarah Lindsay **Relevant professional** CTA **qualification(s) or body** ATT(Fellow) **(if any):** 1 **Oct 2018** **IER** ## **Address:** Yew Tree House, The Street, Godmersham, Canterbury, Kent CT4 7DU ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **Oct 2018** **IER**