Reglstered Charity no. 1111045 Report and Flnancial Statements Year ended 31 December 2023
NDI MOYO CONTENTS Page Infomiation Trustees. Report Lndependent Examinerfs Report statement of Nnanclal Attivitie5 Balance Sheet Notes to the Financlal Statements 10-12
NDI MOYO INFORMATION Trustees.. Helen Cox Andrew Holden Bridget Mullen5 Joanna Shawcross Cecelia Mary Pollock Jonathan Pollock Ellie Cook Julia Bognar Barbara Lynn Brooks-smith Chupa Phl Alexandra ndsaY-pereZ {appolnted 25 November 2023) Chalr Helen Cox Address 53 Uplands Road, London N8 9NH Charity number 1111045 Independent Examiner Helen Lake 9 Fern Road Cropwell Bishop Nottingham NG12 3BU
NDI MOYO TRUSTEES. ANNUAL REPORT 2023 The trustees PSent their report and financial statements for the financial period 2023. Ndi Moyo's goveming docunient is a constitution dated 25th August 2005. The charity is constituted a5 a charitable unincorporated association. The trustees are app01nted by existing trustees after careful consideratlon of the skills required for the govemance of the charity. Objectlves The principal aims of Ndi Moyo are to promote the physical and mental health of the chronically and terminally 111 In the Salima area and adjacent districts in Malawi as well as training for palliative ca staff throughout Malawi. This objectlve Is achieved through the provlsion of finantlal asSIstsn. support, care, education and practical advice provided through the Ndi Moyo Palliative ca Trust {NMPCTI at the Ndi Moyo Palliative Care Cent. The trustees confimi that they have complled with their duty to have due regard to the guldance on public benefit publlshed by the Charity Commlsslon in exercising thelr powers and dtjties. Achlevaments during the year Our financial yearls In line with that of Ndi Moyo Palllative Care Trust in Malawi and follows the calendar year. During 2023, normal actSvities have been fully restored post Covid.. clinic attendances, chemotherapyi visits to patients, homes and outreach centres, as well a5 cervical screening and specialist cllnlcs njn by the oncologlst. Malawi ha5 only two oncologlsts and the willingness of one of these to make the two-hour Journey froffl the capital, Lllongwe, to Ndi Moyo helps enormously to speed up diagnosls and treatment for cancer patients In our area. Many need help with bus raS to Lilongwe for treatment and we provide this through our Comfort Fund. The Inltlators. Training Course in Palliative Care had been temporarily suspended in 2023 because of cost issues. This was very disappointing because training Is an important part of Ndl Moyo's work in disserninating these skills throughout the country. Between 2015 and 2022, we have trained over 100 Malawlan nurses and clinical officers from 32 sites around Mèlawi. We are therefore pleased to Say that a grant from the Malawi Association for Christian Support (MACS) has permitted this course to resume in Aprillmay 2024. Those health professiona15 already tralned at Ndi Moyo are now being mentored through online case conferences, allowing them to dlscuss the management of difficult patients with Ndi Moyo staff. In the UK, we have been pleased to Y4elcome Dr Alexandra nd5ay-PereZ as a trustee following her valuable work at Ndi Moyo in Malawl In the first half of the year. During the period covered by these accounts, Ndi Moyo UK transferred a total of £11 1,600 to Malawl. Of th15 £91,600 was from unrestrtcted funds for core costs and £20,000 from a restrfcted fund for Salaries. Funders Since Covid, all charities have struggled with fijndraising, with many events Cancelled over the last 3 years. More recently. Malawi has suffered major floodingt 1055 of life and darnage to homes and cmps as a result of cyclone Freddy which stnjck in March 2023. Although we were fortunate that the Salima district suffered few direct effects, the national disruption is likely to impair fijndraising efforts for some time to come. Sadly for Ndi Moyo, a major Canadian supporter has been fOrd to redu its funding from the end of 2023 due to restructuring and reduction in profits due to Covid. Thls required Ndi Moyo in Malawi to write 6 belt-tightening budget and redundancies were threatened. Fortunatelyi these
were prevented by additional grants from Ndl Moyo UK which lessened the problem in the short term, and we continue to pursue the option of joining the umbrella oryanisation, CHAM {Christsan Health Association of Malawi) who would then cover the costs of most staff salarles. This organlsation Cove the majority of mission hospitals, whlch make up nearfy half of Malawi's health care. As Ndi Moyo UK, we owe a debt of gratitude to our regular and new supporters, who have been very generous in thelr donatlons during thlg perlod. Many of these have been channelled through the Blg Glve Christmas Challenge which contlnues to be a very successful focus for fundraising. Trustees have helped to raise our profile in new51etters, FObOok and Instagram and been able to enter dialogue with Malawi management on effective corporate fundraislng. Speclal mention should be given to the generous support grants by the Capricom Afrlca Trnst. MACS and OLtr many supporters who CDntribute monchly. We particularly thank a kind donor for funding the salaries of senlor staff, Dr Conan Mccaul and his anaesthetlst colleagues and Laurence O'Kane, a pharmacist in Drdperstown, who continues to be extremely generous In his help. Ireland has provided us with a number of dedicated supporters, Including those Inspired by Maureen Morgan, until recently one of our trustees. We 9reatly value their help In what conlinues challenging time. As ever, we are grateful to our trustees and the 'Friends of Ndi Moyo, for their time and Input. As the UK charity evolves, we look forward to a further year of challenge an¢J development. Charity Regulationg Trustees of Ndi Moyo UK have made every effort to comply wlth changes to UK Charlty Law, developing and adopting Safeguardlng, Equallty and Diversity, GDPR and Privacy Policle5. We owe debt of gratitude to Barbs Brook5-Smith, Paul Fenrich and Dave Gardner for help in Implementing these and for ongolng support wlth our newsletters and webslte. Flnancial Revlew The results for the year entjed 31st December 2023 are set out In the attached flnanclal statements. Reserves poliry The Trustees review Ndl Moyo's reserves policy regularly. Untll April 2023, the policy adopted by the Trustees was to maintaln unrestricted reserves of not less than 50Wo of the budgeted annual expenditure of the NMPCT. Thls has presented difficulties in the current financlal climate and a new pollcy was vored Into place, operatlve from Aprll 2023, when our reserves pollcy wlll be to hold In unrestrlcted reserves at the start of each year 75910 of the fundlng we expect to send to Malawi in the Comlng year. During 2023, the trustees approved additional ftjnding to make a total of £91,600 in unrestrlrted funds transferred, plus £20,000 restrlrted funding for staff salaries. Thls Increased level has been necessary to ensure continuing service provision but exceeds our current income and will requl artive steps to increase thls, particularly throu9h grant applications. At the end of the year descrlbed In these accounts, total net assets were £132,517 of which £25.000 was restrlrted and £107,517 was unrestritted. Trustees. responslbilities The trustees are SPOnsIble for preparing the Annual Report and the financlal statements in accordance with applicable law and United Kingdom generally accepted accounting practice. Law appllcable to charities In England and Wale5 requires the trustee5 to prepare financial ststements for each financlal year which glve a true and fair vlew of the state of affair5 of the charity and of the surplus or deficit for the perlod. In preparing those financlal statements the Trustees are required to
select suitable accounting pollcies and then apply them conslstently. make judgments and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of comMended prdctice have been followed, subject to any material departures being disclosed and explained In the financial statements- and prepare the financlal statements on a going concem basls (unless it is inapproprlate to Psume that the charity will continue in operatlon>. The trustees are responsible for keeping proper accounting records that diKlose with reasonable accuracy at any time the financial posltlon of the chadty. They are also responslble for safeguardlng the assets of the Company and hence for taklng reasonable steps for the detection and prevenuon of fratjd and other irregularities. Preparatlon of the Report This report has been prepad In accordance with the recommendations contalned In the A¢countlng and Reporting by Charities: Statement of Recommended Practlce published on 16th July 2014 as they apply to smaller charltle5. This report was approved by the Board on 18 May 2024 and signed on its behalf by.. Helen Cox (Chair)
Independent Examinerfs Report to the Trustees of Ndi Moyo I report to the tnjstees on my examination of the accounts of Ndi Moyo Cthe Trust'l for the year ended 31" December 2023. Responslbllltle5 and basis of report As the charity tnjstees of the Trust you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charities Acr 2011 ('the Act.). I report In respect of my examination of the Trust's accounts carrled out under settion 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charities Commlsslon under 5ertion 145(5}Ib} of the Art. Independent examlnerfs statement I have completed my examlnatlon. I confsrm that no material matters have come to my attentlon in connection with the examlnation giving me cause to believe that in any material respect: accountlng COrdS were not kept In re5pert of the Trust as required by sectlon 130 of the Act. or the accounts do not actord wlth those records,. or the accounts do not comply with the appllcable reqU1MentS conceming the fomi and content of accounts Set out in the Charttles (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a true and fair vew whlch is not ti matter considered as part of an Independent examlnation. I have no concerns and have come across no other matters In connection with the examination to whlch attention Should be drawn in thls report in order to enable a proper understandlng of the accounts to be reathed. Helen Lake 9 Fern Road Cropwell Bighop Nottingham NG12 3BU Date.. ZoZ
NDI MOYO srATEMENT OF FINANCIAL AcrIvrrIES FOR THE YEAR ENDED 31 DECEMBER 2023 (Incorporatlng an Income and Expenditure Account) Unrestrlcted Restrlrtad Total Total Funds Funds 2023 2022 Note5 INCOMING RESOURCES Incoming resource$ from generated funds Grant5 and Donations 72,683 1,218 73,901 25,000 97,683 1,218 98,901 75,339 307 Bank interest Total incoming resoiirrns 25,000 75,646 RESOURCES EXPENDED Charltable attivltles 91,600 234 20,000 111,600 234 85,o¢XI 50 857 85,907 Governance costs other resources 478 478 Total resources expended 92,312 20,000 112,312 Net (Outgolng) / Incomlng resources for the year (18,411> 5,000 113.411) 110,2611 Fund balances brought forward at i January 2023 125,928 20,000 145,928 156,189 Fund balances carrlfjd lorward at 31 December 2023 107,517 25,000 132,517 145,928
NDI MOYO BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2023 2022 2022 Notes Current assets Debtors & Accrued Kncome 23.447 36,369 Cash at bank 109,070 109,559 132,517 145,928 Credltors Amounts falllng due withln one year Net current assets 132,517 145,928 Total net assets 132 517 145 928 Funds & Reserves Restrlrted Funds 25,000 20,000 Unrestdcted fund - General fund 107,517 125,928 132 517 145 928 The flnancial statements were approved and authorised for Issue by the Board on 18 May 2024 and signed on its behalf by.. Helen Cox (Chair)
NDI MOYO NOTES TO THE FINANCIAL STATEMENTS l. Accounting policies The following accountlng poliaes have been used consistently in deallng with items whith are considered material in relation to the financial Statements Basis of accounting The financial statements have been prepared in accordance wlth the accounting pollcles Set out below and comply with the charity's governing document, the Charities Att 2011 and Accounting nd Reporting by Charities.. Statement of Recommended Practice appllcable to charitles prÈpar(ng their accounts In accordance with the Hnanclal Reporting Standard for Smaller Entities pybllshed on 16 July 2014 (FRS 102). Having reviewed the flnancial p051tion and future plans for the charfty, the trustees have Identlfled no materlal uncertainties relatirig to events or conditions that cast slgnlflcanl doubt on the charity's ability to continue its activitles for the foreseeable future. Accordinglyi they continue to adopt goin9 concern basls In preparin9 the accounts. The charfty 15 a publ1¢ benefft entlty as defined In FRS 102 Incomlng R•sources All Income is treateLJ as unrestrfcted Income and is Jvallable for expenditure approved by the Board unless the donor specified that income must be spent for a specific charltable objertive, in whlch case it is treated a5 restrirted income. Income is recognised in the Ststement of Financial Actlvltles in the period when entitlement can be demonstrated, recelpt is probable and the amount can be accurately measured. Any Incorne restrlcted for expenditure In ftjture years is deferred. Fund accountin9 Unrestricted ftjnds are avallable for use at the dlscretlon of the trustees In furtherance of the general charltable objertives of Ndi Moyo. Designated funds comprise fund5 set aside by trustees out of unrestricted funds for specific future purposes. Restricted funds comprise monles ralsed for. or thelr use restricted to, a specific purpose, or contrlbutlons subject to condltlons Imposed by donors. Currently the only restrlrted fund is to cover the 5alarie5 of specifled staff in Malawi. Resources expeThded Expendlture Is included In the Statement of Financlal Artlvltles when incurred and includes input VAT which cannot be recovered. io-
NDI MOYO 2. Incoming resource5 from generated funds Unrestrlrted Restrlcted Funds Funds Total 2023 Total 2022 Grants & Donations Regular Donations 10,605 10,605 11.367 Restrlcted Donatlons 25,000 25,000 20,000 Blg Glve 34,242 34,242 30,770 other donations 13,491 13,491 6,797 Glft Aid 14,345 14,345 6,405 3. Total resources expended Unrestricted Re$trlctad Funds Funds Trtal 2023 Total 2022 Charltable Activities Dirett payments to Nmpcr Contrlbutlon to Salaries of specified Staff 91,600 91,600 20,000 65,000 20,000 20.000 Total Charltable Activities 91,600 20,0¢)0 111,600 85,000 Governance Costs 234 234 50 Bank charyes 478 478 857 Total resources expended 92,312 20,000 112,312 85,907 Governance costs are mJde up as followts: Fundraising Regltlator Registration Fee Tnjstee Meeting Travel Expenses 50 50 184 234 50 li-
NDI MOYO Debtors & Accrued Income 2023 2022 Bi9 Give Gift Aid 8,000 15,447 12,000 4,369 20,000 paula Plawkins 5. Funds & Reserves Ati January 2023 At31 Expendlture Transf¢rs December 2023 Incoming resources Restritted Fundg Paula Hawkins.. Specified Salarles 20,000 25,000 120,000) 25,000 Unrestrlrted Funds General 125,928 73,901 (712) {91.600) 107,517 Unrestrlrted Funds 125 928 712 107 517 Total Funds 145 928 712 111600 132 517 -12-