## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|7| |Report ofthe Independent
Auditors|8|to|9| |Statement of Financial Activities||10|| |Balance Sheet|11|to|12| |Notes to the Financial Statements|13|to|20| |Detailed Statement of Financial Activities|21|to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||fund|fund|funds|funds| ||||Notes|||E|| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies|||2|2,962,994|1,100,468|4,063,462|4,277,265| |Investment
income|||3|38,491||38,491|16,579| |Other income|||4|274||274|710| |Total||||3,001,759|1,100,468|4,102,227|4,294,554| |EXPENDITURE ON|||||||| |Raising funds|||5|690,304|7,312|697,616|556,469| |Charitable
activities|||||||| |Charitable
activities||||2,115,906|1,091,271|3,207,177|3,126,213| |Support costs||||17,486||17,486|35,010| |Total||||2,823,696|1,098,583|3,922,279|3,717,692| |Net gains/(losses)|on investments|||~76,550)||~76,550)|1,069,632| |NET INCOME||||101,513|1,885|103,398|1,646,694| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||3,427,735|32,115|3,459,850|1,813,156| |TOTAL FUNDS CARRIED FORWARD||||3,529,248|34,000|3,563,248|3,459,850| ## ## |||||2022|2021| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||fund|fund|funds|funds| ||Notes||E||E| |FIXEDASSETS|||||| |Tangible assets|12|6,332||6,332|8,300| |Investments|13|3,273,750||3273 750|3,178,219| |||3,280,082||3,280,082|3,186,519| |CURRENT ASSETS|||||| |Debtors|14|42,727||42,727|49,929| |Cash at bank||236,154|35,148|271,302|242,922| |||278,881|35,148|314,029|292,851| |CREDITORS|||||| |Amounts
falling due within one year|15|(29,715)|(1,148)|(30,863)|(19,520)| |NET CURRENT ASSETS||249,166|34,000|283,166|273,331| |TOTAL ASSETS LESSCURRENT|||||| |LIABILITIES||3,529,248|34,000|3,563,248|3,459,850| |NET ASSETS||3,529,248|34,000|3,563,248|3,459,850| |FUNDS|16||||| |Unrestricted
funds||||3,529,248|3,427,735| |Restricted
funds||||34,000|32,115| |TOTAL FUNDS||||3,563,248|3,459,850| ## ## ## ## ## ## ## |||||for the Year En|ded 5April 2022||| |---|---|---|---|---|---|---|---| |2.|DONATIONS
AND|||LEGACIES|||| |||||||2022|2021| |||||||E|| ||Gift Aid Donations|||||890,693|1,006,032| ||Non Gift|Donations||||2,950,096|2,610,134| ||Gift aid Tax Repayment|||||222,673|251,013| ||Grants||||||410,086| |||||||4,063,462|4,277,265| |3.|INVESTMENT INCOME||||||| |||||||2022|2021| ||Interest received||||||522| ||Dividends|received||||38,491|16,057| |||||||38,491|16,579| |4.|OTHER INCOME||||||| |||||||2022|2021| ||Bank interest received|||||274|710| |||||||274|710| |5.|RAISING|FUNDS|||||| ||Raising donations|||and legacies|||| |||||||2022|2021| |||||||F|| ||PPS and|Advertising||||306,108|208,880| ||Database|maintenance/hosting||||12,019|13,506| ||Other fundraising||activities|||92,214|78,557| ||Support costs|||||287,275|255,526| |||||||697,616|556,469| |6.|CHARITABLE ACTIVITIES COSTS||||||| ||||||Direct|Support|| ||||||Costs (see|costs (see|| ||||||note 7)|note 8)|Totals| ||||||E|E|E| ||Charitable|activities|||3,207,177||3,207,177| ||Support costs|||||17,486|17,486| ||||||3,207,177|17,486|3,224,663| ## ## ## |DIRECT CO|STS OF CHARITABLE ACTIVITIES||| |---|---|---|---| |||2022|2021| |||F|F| |Grants made|in Zimbabwe|3,183,638|3,115,097| |Other Direct|Costs Zimbabwe|2,049|5,688| |Travel &Subsistence
overseas||14,353|5,428| |Trustees expenses overseas||7,137|| |||3,207,177|3,126,213| ## ## |||||Other| |---|---|---|---|---| |Raising|donations|and|legacies|287,275| |Support|costs|||17,486| |||||304,761| ## ## |Net income/(e|xp|enditur|e)
is stated after charging/(credi|ting):|| |---|---|---|---|---|---| |||||2022|2021| ||||||F| |Depreciation|-|owned|assets|2,447|2,540| ## ## ## ## ## ||||Unrestricted|Restricted|Total| |---|---|---|---|---|---| ||||fund|fund|funds| ||||F||| |INCOME|AND ENDOWMENTS|FROM|||| |Donations|and legacies||3,437,722|839,543|4,277,265| |Investment|income||16,579||16,579| |Other income|||710||710| |Total|||3,455,011|839,543|4,294,554| |EXPENDITURE ON|||||| |Raising funds|||549,505|6,964|556,469| Page 15 continued... ## ## ||Notes to the Financial Statements
-continued
for the Year Ended 5 April 2022|Notes to the Financial Statements
-continued
for the Year Ended 5 April 2022|Notes to the Financial Statements
-continued
for the Year Ended 5 April 2022|Notes to the Financial Statements
-continued
for the Year Ended 5 April 2022|| |---|---|---|---|---|---| |11.|2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||| ||||Unrestricted|Restricted|Total| ||||fund|fund|funds| ||||F|E|E| ||Charitable
activities||||| ||Charitable
activities||2,171,355|954,858|3,126,213| ||Support costs||35,010||35,010| ||Total||2,755,870|961,822|3,717,692| ||Net gains on investments||1,069,832||1,069,832| ||NET INCOME/(EXPENDITURE)||1,768,973|(122,279)|1,646,694| ||RECONCILIATION|OF FUNDS|||| ||Total funds
brought|forward|1,658,762|154,394|1,813,156| ||TOTAL FUNDS CARRIED FORWARD||3,427,735|32,115|3,459,850| |12.|TANGIBLE FIXEDASSETS||||| ||||Fixtures||| ||||and|Motor|| ||||fittings|vehicles|Totals| |||||F|E| ||COST||||| ||At 6 April 2021||21,426|16,568|37,994| ||Additions||479||479| ||At 5 April 2022||21,905|16,568|38,473| ||DEPRECIATION||||| ||At 6 April 2021||15,684|14,010|29,694| ||Charge for year||1,807|640|2,447| ||At 5 April 2022||17,491|14,650|32,141| ||NET BOOK VALUE||||| ||At 5 April 2022||4,414|1,918|6,332| ||At 5 April 2021||5,742|2,558|8,300| ## ## ## ## ## Page 17 continued... ## ## ## ## |DEBTORS:A||MOUNT|S
|F|ALL|ING DUE WITHIN ONE YEAR||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| |Amounts
owed||by participating||||interests|616|603| |Other debtors|||||||7,101|10,325| |HMRC Gift Aid||refund|due||||32,560|38,360| |Prepayments|and accrued||||income||2,450|641| ||||||||42,727|49,929| |Other Debtors||are made||up of||the following:||| ||||||||2022|2021| |Zim contractors||loans|for|solar||power|4,918|10,012| |Staff advances||||||||313| |Libor Petty Cash|||||||2,183|| ||||||||7,101|10,325| |CREDITORS:||AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||| ||||||||2022|2021| |Trade creditors|||||||8,787|6,445| |Other creditors|||||||1,147|| |Accruals and deferred|||income||||20,929|13,075| ||||||||30,863|19,520| ## ## |MOVEM|E|NT|IN FUNDS|||| |---|---|---|---|---|---|---| ||||||Net|| ||||||movement|At| |||||At 6/4/21|in funds|5/4/22| |||||F||E| |Unrestricted|||funds|||| |General|fund|||3,427,735|101,513|3,529,248| |Restricted||funds||||| |Restricted||funds||32,115|1,885|34,000| |TOTAL|FUNDS|||3,459,850|103,398|3,563,248| ## ## ## ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||E|F|E|| |Unrestricted
funds||||| |General
fund|3,001,759|(2,823,696)|(76,550)|101,513| |Restricted funds||||| |Restricted
funds|1,100,468|(1,098,583)||1,885| |TOTAL FUNDS|4,102,227|~3,922,279)|~76,550)|103,398| ## |Comparatives
for movement
in funds|||| |---|---|---|---| |||Net|| |||movement|At| ||At 6/4/20|in funds|5/4/21| |Unrestricted
funds|||| |General
fund|1,658,762|1,768,973|3,427,735| |Restricted funds|||| |Restricted
funds|154,394|(122,279)|32,115| |TOTAL FUNDS|1,813,156|1,646,694|3,459,850| |Comparative
net movement
in f|unds,
included
in the abo|ve are as follows|:|| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| ||resources|expended|losses|in funds| |Unrestricted
funds||||| |General
fund|3,455,011|(2,755,870)|1,069,832|1,768,973| |Restricted funds||||| |Restricted
funds|839,543|(961,822)||(122,279)| |TOTAL FUNDS|4,294,554|~3,717,692)|1,069,832|1,646,694| ## ## ## |A curren|t yea|r 12 months
and prior year|12 months
combined
position
is|as follows:|| |---|---|---|---|---|---| |||||Net|| |||||movement|At| ||||At 6/4/20|in funds|5/4/22| ||||||F| |Unrestricted||funds|||| |General|fund||1,658,762|1,870,486|3,529,248| |Restricted funds|||||| |Restricted funds|||154,394|(120,394)|34,000| |TOTAL|FUNDS||1,813,156|1,750,092|3,563,248| |A current year 12 months
and p
above are as follows:|rior year 12 months
com|bined
net movem|ent
in funds,|included
in th| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| ||resources|expended|losses|in funds| ||F|F||| |Unrestricted
funds||||| |General
fund|6,456,770|(5,579,566)|993,282|1,870,486| |Restricted funds||||| |Restricted
funds|1,940,011|(2,060,405)||(120,394)| |TOTAL FUNDS|8,396,781|~7,639,971)|993,282|1,750,092| ## ## ## ## ## ## ## ||for the Year Ended|5April 2022|| |---|---|---|---| |||2022|2021| |||F|| |INCOIIE AND ENDOWMENTS|||| |Donations
and legacies|||| |Gift Aid Donations||890,693|1,006,032| |Non Gift Donations||2,950,096|2,610,134| |Gift aid Tax Repayment||222,673|251,013| |Grants|||410,086| |||4,063,462|4,277,265| |Investment
income|||| |Interest received|||522| |Dividends
received||38,491|16,057| |||38,491|16,579| |Other income|||| |Bank interest received||274|710| |Total incoming
resources||4,102,227|4,294,554| |EXPENDITURE|||| |Raising donations
and legacies|||| |PPS and Advertising||306,108|208,880| |Database
maintenance/hosting||12,019|'I3,506| |Other fundraising
activities||92,214|78,557| |||410,341|300,943| |Charitable
activities|||| |Grants made
in Zimbabwe||3,183,638|3,115,097| |Other Direct Costs Zimbabwe||2,049|5,688| |Travel 8 Subsistence|overseas|14,353|5,428| |Trustees expenses overseas||7,137|| |||3,207,177|3,126,213| |Support costs|||| |Other|||| |Bank charges||26,394|26,474| |insurance||1,641|3,141| |Currency costs 8 Broker fees||46,527|37,095| |Telephone||10,628|7,108| |Postage and stationery||14,508|6,208| |Legal 8 Professional|fees|5,286|16,757| |Audit 8 Accountancy|fees|12,200|18,253| |Administration
UK||172,804|169,703| |Carried forward||289,988|284,739| ## ## |||for the Year Ended 5|April 2022|| |---|---|---|---|---| ||||2022|2021| |||||E| |Other||||| |Brought forward|||289,988|284,739| |Travel 8 Subsistence||costs UK|11,812|2,545| |Trustees expenses|UK||324|216| |Depreciation
charge|||2,446|2,540| |Training|||191|496| ||||304,761|290,536| |Total resources expended|||3,922,279|3,717,692| |Net income before gains and losses|||179,948|576,862| |Realised recognised||gains and losses||| |Realised gains/(losses)
investments||on fixed asset|~76,550)|1,069,832| |Net income|||103,398|1,646,694|