Registered Charity no. 1111045 Report and Financial Statements Year ended 31 December 2024
NDI MOYO CONTENTS Page Information Trustees. Report Independent Examinerfs Report statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-12
NDI MOYO INFORMATION Trustees: Helen Cox Andrew Holden Bridget Mullens Joanna shawCro (until 20 July 2024) Cecelia Mary Pollock lonathan Pollock Ellie Cook Julia Bognar Barbara Lynn Brooks-smith Chupa Phiri Alexandra Lind5ay-Perez Chair Treasurer Helen Cox Donald Boag Address 53 Uplands Road, London N8 9NH Charity number 1111045 Independent Examiner Helen Lake 9 Fern Road Cropwell Bishop Nottingham NG12 3BU
NDI MOYO TRusfEES' ANNUAL REPORT 2024 The trustees present their report and financial statements for the financial period 2024. Ndi Moyo's governing document is a constitution dated 2* August 2005. The charity is constituted as a charitable unincorporated association. The trustees are appointed by existing trustees after careful consideration ol the skills required for the governan of the charity. Objectives The principal aim of Ndi Moyo is to promote the physical and mental health of the chroF]ically and terminally ill in the Salima area and adjacent distrirts in Malawi. This objertive is achieved through the provision of financial assistance, support, care, education and prattical advice provided through the Ndi Moyo Palliative Care Trust (NMPCF) at the Ndi Moyo Palliative Care Centre. The trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. Achievements during the year During 2024, all normal activities have been fijlly restored post Covid, induding clinic attendan5, chemotherapy. visits to patients. homes and outreach centres, as well as cervical screening and specialist clinics run by the oncologist. Malawi has only two oncologists and the willingness of one of these to make the two-hour journey from the capital, Lilongwe, to Ndi Moyo helps enormously to speed up diagnosis and treatment for cancer patients in our area. Many patients need help with bus fares to lOngWe for treatment and we provide this through our Comfort Fund, kindly aided by the Caprtcorn Africa Trust. Monthly outreach Clini to three outlying sites have been supported by a grant from the IBmes Tudor Foundation. This enables patients living at considerable distance from Salima to receive treatment and food supplements. A new inttiative at the central clinic has been to commence on-site HIV testing. Many of the cancers we see are lated to HFV/AIDS ènd early treatment is important both for our patients and their families. We are grateful to the Friends of Malawi Association for a grant towards the costs of sett£ng this up, adapting a room and arrangTng an incinerator. The support of children made vulnerdble by their parents. illness and loss of eamings is just one aspect of our work. We visit and assess these families and provide immediate essentials such as blankets and sleep mats as well as school fees and scholastic materials. We are grateful to the Brian Murtagh Trust for a grant towards this work. Training is also an important part of Ndi Moyo's role: palliative care remains too thinly spread in sub-saharan Africa. To date, we have trained over 120 Malawian nurses and clinical officers from 32 sites around Malawi. We are pleased to say that a grant from the M31awi Association for Christian Support (MACS) permttted the 5-week Initiators. Training Course in Palliative Care to resume in April/May 2024. Those health professionals already trained at Ndi Moyo are now being mentored through online case conferences, allowing them to discuss the management of di)Ticult patients with Ndi Moyo staff. During the period covered by these accounts, Ndi Moyo UK transfeed a total of £120,000 to Malawi. Of this £78,000 was from unrestricted funds for core costs and £42,000 from restricted funds. Funders During 2024, Ndi Moyo Palliative Care Trust continued to pursue its application to join the umbrella organisation, CHAM (Christian Health Association of Malawi) This organisation covers the majority of mission hospitals, which make up nearly half of Malawi's health care. After year end, Nmpcr was advised that the aplication had been sucessful. Ps a result CHAM will contribute significantly to the costs of many staff larieS.
All charities have struggled with fundraising since Covid and a very generous Canadian trust no longer has the funds to support us. As Ndi Moyo UK, we owe a debt of gratitude to our regular and new supporters, who have been very generous in their donations during this period. Many of these have been channelled through the Big Give Christmas Challenge which continues to be a very successful focus for fundraising. Trustees have helped to raise our profile in newsletters, Facebook and Instagraffl and been able to enter dialogue with Malawi management on effective corporate fundraising. Special mention should be given to the generous support grants by the Capricom Africa Trust, MACS the lames Tudor Foundation, the Brian Murtagh Trust and our many supporters who contribute monthly. We particularly thank a kind donor for funding the salaries of senior staff, Dr Conan Mccaul and his anaesthetist colleagues and Laurence O'Kane, a pharmacist in Draperstown, who continues to be extremely generous in his help. Ireland has provided us WTth a number of dedicated 5UPPOrter5, including those inspired by Maureen Morgan, until recently one of our trustees. Another kind pharmacist in Hungary has helped us to source medicines which are in short supply in Mal3wi. We greatly value their help in what continues a 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 and development. Charity Regulations Trustees of Ndi Moyo UK have made every effort to comply with UK Charity Law, developing and adopting Safeguarding, Equality and Diversity, GDPR and Privacy Policies. We owe a debt of gratitude to Bart)s Brooks-smith, Paul Fenrich and Dave Gardner for IT help in implementing these and for ongoing support with our newsletters and website. Financial Review The results for the year ended 31sr December 2024 are set out the attached finanaal statements. Reserves policy The Trustees of Ndi Moyo UK review our reserves policy regularly. From April 2023, our reserves policy has been to hold in unrestricted reserves at the start of each year 75010 of the funding we expect to send to Malawi in the coming year. During 2024, the need for additional funding towards running the clinic as well as incinerator and training costs has continued. Within Malawi, costs continue to rise steeply as inflation is close to 300/0. This increased level of funding has been necessary to ensure ongoing service provision but exceeds our current income and will continue to require active steps to increase this, particularly through grant applications. Trustees have been very helpful in rising to this challenge. At the end of the year described in these accounts, total net assets were £133,185 of which £41,500 was restricted and £91,685 was UnstrIcted. Trustees. responsibilities The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom generally accepted accounting prattice. Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the strdte of affairs of the charity and of the surplus or deficit for the period. In preparing those financial statements the Trustees are required to select suitable accounting policies and then apply them consistently- make judgments and estimates that are reasonable and prudent. state whether applicable accounting standards and statements of recommended prattice have been followed, subject to any material departures being disclosed and explained in the financial statements; and prepare the financial statements on a going conTrrn basis (unless it is inappropriate to
presume that the chanty will continue in operation}. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the detecknon and prevention of fraud and other irregularities. Preparation of the Report This report has been prepared in accordan with the recommendations contained in the Accounting and Reporting by Charities: Statement of Recommended Practice published on 16th July 2014 as they apply to smaller charities. This report was approved by the Board on 19 July 2025 and signed on its behalf by: Helen Cox (Chair)
Independent Examiner's Report to the Trustees of Ndi Moyo I report to the trustees on my examination of the accounts of Ndi Moyo ('the Trusy) for the year ended 31st December 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Chartties 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 Charities Commission under section 145(5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act. or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Acmunts 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. Helen Lake 9 Fern Road Cropwell Bishop Nottingham NG12 3BU Date- IS Jh) ZOLJ
NDI MOYO srATEMENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 DECEMBER 2024 (Incorporating an Income and Expenditure Account) Unrestricted Restricted Total Total Funds Funds 2024 2023 Notes INCOMING RESOURCES Incoming resources from generated funds Grants and Donations 60,666 2.273 62,939 58,500 119,166 2.273 121,439 97,683 Bank interest Total incoming resources 58,500 98.901 RESOURCES EXPENDED Charitable activities Governance costs 78,000 209 42,000 120,000 209 111,600 234 Other costs 562 562 478 112,312 Total resour expended 78,771 42,000 120,771 Net (Outgoing) / incoming resources for the year (15.832) 16,500 668 (13,411) Fund balances brought forward at l January 2024 107,517 25,000 132,517 145,928 Fund balances carried forward at 31 December 2024 91,685 41,500 133,185 132.517
NDI MOYO BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2024 2023 2023 Note Current assets Debtors & Accrued Income 26.247 106.938 23,447 109,070 Cash at bank 133,185 132,517 Creditors Amounts falling due within one year Net current assets 133,185 132,517 Total net assets 133,185 132,517 Funds & Reserves Restricted Funds 41,500 25,000 107,517 Unrestricted fund - General fund 91,685 133,185 132,517 The financial statements were approved and authortsed ft)r issue by the Board on 19 july 2025 and signed on its behalf by: Helen Cox (Chair)
NDI MOYO NOTES TO THE FINANCIAL sfATEMENTS l. Accounting policies The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements Basis of accounting The financial statements have been prepared in accordance with the accounting poliaes set out below and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities- Statement of Recommended Pr3Ctice applicable to charities pieparing their accounts in accordance with the Financial Reporting Standard for Sfflaller Entities published or) 16 July 2014 (FRS 102). Having reviewed the financial position and future plans for the charity, the trustees have identified no material uncertrainties relating to events or conditions that cast significant doubt on the charity's ability to cor,tinue its activities for the foreseeable future. Accordingly, they continue to adopt a going concem basis in preparing the accounts. The charity is 6 public benefit entity as defined in FRS 102 Incoming Resources All income is treated as unrestrirted income and is available for expenditure approved by the Board unless the donor specified that income musl be spent for a specific charitable objective, in which case it is treated as restricted income. Income is recognised in the Statement of Financial Activities in the pertod when entitlement can be demonstrated, receipt is probable and the amount can be accurately measured. Any income restricted for expenditure in future years is deferred. Fund accounting Unrestritted funds a available for use at the discretion of the trustee5 in fiJrtherance of the general charitable objective5 of Ndi Moyo. Designated furids comprise funds set aside by trustees out of unrestricted funds for specific future purposes. Restricted funds comprise monies raised for, or their use restrtrted to, a specific purpose, or contributions subject to conditions imposed by donors. Currentty the only restricted fund is to cover the Salaries of specified staff in Malawi. Resources expended Expenditure is included in the Statement of Finanaal Activities when incurred and include5 input VAT which cannot be recovered. 10-
NDI MOYO 2. Incoming resources from generated funds Unrestrirted Restricted Total Funds Funds 2024 Total 2023 Grants & Donations Regular Donations Restricted Donations Big Give Other donations Gift Aid 9,726 9.726 58,500 34,000 6,001 10,939 10.605 25,000 34,242 13,491 14,345 58,500 34,000 6,001 10,939 60,666 58,500 119,166 97,683 3. Total resources expended Unrestricted Restricted Funds Funds Total 2024 Total 2023 Charitable Activities Direct payments to NMP Contribution to specified staff salaries Other Restricted Fund payments to NMP 78,000 78,000 25,000 17,000 91,600 20,000 25,000 17,000 Total Charitable Activities 78.000 42.000 120,000 111,600 Governance Costs Bank charges 209 209 234 562 562 478 Total resources expended 78,771 42,000 120,771 112,312 Governance costs are made up as follows: Fundraising Regulator Registration Fee Trustee Meeting Travel Expenses 60 149 50 184 209 234 11
NDI MOYO 4. Debtors & Accrued Income 2024 2023 Big Give Gift Aid 18,181 7,800 266 8.000 15,447 CAF Donate 26,247 23,447 5. Funds & Reserves Ati January 2024 At31 Transfers Dember 2024 Incoming resources Expend Restricted Funds Paula Hawkins: Speafied Salartes MACS - Training Brian Murtagh - Vulnerable children Friends of Malawi 25.000 25,000 12,000 8,000 1.000 2,800 5,000 4,700 (25,000) {12.000) (1,200) (1,000) (2,800) 25.000 6,800 Arcaid Capricorn lames Tudor 5,000 4,700 58,500 Unrestricted Funds General 107.517 62,939 (771) (78,000) 91,685 Unrestricted Fund5 107.517 62.939 771 78,000 Total Funds 132 517 121 439 771) 120,000 133 185 12-