2023-04-05-accounts

		Page
Report ofthe Trustees	1	to	6
Report ofthe Independent Auditors	7	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

						2023	2022
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	E	E	E	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	2,293,703	1,095,740	3,389,443	4,063,461
Investment income			3	46,322		46,322	38,491
Other income			4	279		279	274
Total				2,340,304	1,095,740	3,436,044	4,102,226
EXPENDITURE ON
Raising funds			5	566,752	7,678	574,430	697,616
Charitable activities			6
Charitable activities				2,112,731	1,025,471	3,138,202	3,207,177
Support costs				27 756		27,756	17486
Total				2,707,239	1,033,149	3,740,388	3,922,279
Net gains/(losses)	on investments			~571,687)		~571,687)	~76,549)
NET INCOME/(EXPENDITURE)				(938,622)	62,591	(876,031)	103,398
RECONCILIATION	OF FUNDS
Total funds brought	forward			3,529,248	34,000	3,563,248	3,459,850
TOTAL FUNDS CARRIED FORWARD				2,590,626	96,591	2,687,217	3,563,248

					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	E	E	E	E
FIXED ASSETS
Tangible assets Investments		12 13	4,047 2,505,196		4,047 2,505,196	6,332 3,273,750
			2,509,243		2,509,243	3,280,082
CURRENT ASSETS
Debtors		14	57,672		57,672	42,727
Cash at bank			50,367	96,591	146,958	271,302
			108,039	96,591	204,630	314,029
CREDITORS
Amounts falling due within	one year	15	(26,656)		(26,656)	(30,863)
NET CURRENT ASSETS			81,383	96,591	177,974	283,166
TOTAL ASSETS LESSCURRENT
LIABILITIES			2,590,626	96,591	2,687,217	3,563,248
NET ASSETS			2,590,626	96,591	2,687,217	3,563,248
FUNDS		16
Unrestricted funds					2,590,626	3,529,248
Restricted funds					96591	34,000
TOTAL FUNDS					2,687,217	3,563,248

			for the Year End	ed 5 April 2023
2.	DONATIONS AND		LEGACIES
					2023	2022
						E
	Gift Aid Donations				912,968	890,692
	Non Gift Donations				2,222,059	2,950,096
	Gift aid Tax Repayment				254,416	222,673
					3,389,443	4,063,461
3.	INVESTMENT INCOME
					2023	2022
					E
	Interest received				197
	Dividends received				46,125	38,491
					46,322	38,491
4.	OTHER INCOME
					2023	2022
					E	E
	Bank interest received				279	274
					279	274
5.	RAISING FUNDS
	Raising donations		and legacies		2023	2022
					E	E
	PPS and Advertising Database maintenance/hosting				154,722 16,226	306,108 12,019
	Other fundraising	activities			115,976	92,214
	Support costs				287,506	287,275
					574,430	667,616
6.	CHARITABLE ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 7)	note 8)	Totals
					E
	Charitable activities			3,138,202		3,138,202
	Support costs				27,756	27,756
				3 136,202	27,756	3,165,958

DIRECT CO	STS OF CHARITABLE ACTIVITIES
		2023	2022
		E	E
Grants made	in Zimbabwe	3,113,498	3,183,638
Other Direct	Costs Zimbabwe	2,176	2,049
Travel &Subsistence overseas		20,326	14,353
Trustees expenses overseas		2,202	7,137
		3,136,202	3207,177

SUPPORT COST	S
			Other
			F
Raising donations	and	legacies	287,506
Support costs			27,756
			315,262
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):

Net income/(e	xp	enditur	e) is stated after charging/(credi	ting):
				2023	2022
				F	E
Depreciation	-	owned	assets	2,285	2,447

				Unrestricted	Restricted	Total
				fund	fund	funds
				E		E
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies			2,962,993	1,100,468	4,063,461
Investment	income			38,491		38,491
Other income				274		274
Total				3,001,758	1,100,468	4,102,226
EXPENDITURE ON
Raising funds				690,304	7,312	697,616
			Page 15			continued. ..

			fo	r the Year Ended	r the Year Ended	5April 2023	5April 2023
11.	2022 COMPARATIVES		FOR	THE STATEMENT OF		FINANCIAL ACTIVITIES		-continued
						Unrestricted	Restricted		Total
						fund		fund	funds
						f		f	f
	Charitable activities
	Charitable activities					2,115,906	1,091,271		3,207,177
	Support costs					17,486		-	17,486
	Total					2,823,696	1,098,583		3,922,279
	Net gains/(losses)	on investments				~76,549)			~76549),
	NET INCOME					101,513		1,885	103,398
	RECONCILIATION	OF FUNDS
	Total funds brought	forward				3,427,735		32,115	3,459,850
	TOTAL FUNDS CARRIED FORWARD					3,529,246		34,000	3,563,248
12.	TANGIBLE FIXEDASSETS
						Fixtures
						and		Motor
						fittings f	vehicles f		Totals f
	COST
	At 6 April 2022 and	5 April 2023				21,905		16,568	38,473
	DEPRECIATION
	At 6 April 2022					17,491		14,650	32,141
	Charge for year					1,806		479	2,285
	At 5 April 2023					19,297		15,129	34,426
	NET BOOK VALUE
	At 5 April 2023					2,608		1,439	4,047
	At 5 April 2022					4,414		1,918	6,332
13.	FIXEDASSET INVESTMENTS
							2023 f		2022f
	Shares						2,505,195		3,273,749
	Other							1	1
							2,505,196		3,273,750
							2023 f		2022f
	Cost ofshares at 05/04/2023			(05/04/2022)			2,745,352		2,399,104
	Unrealised gain/(loss)		at 05/04/2023		(05/04/2022)		434,615		707,536
					Page 16				continued. ..

FIXEDASSET INVE	S	TMENTS -	co	ntinued
Cash					37,683	93,782
Additions					1,577,596	2,869,152
Sales proceeds					(1,718,363)	(2,719,275)
Realised gains/(losses) on sale Increase/(reduction) in unrealised			gain		(91,582) ~460,105)	196,371 ~272,920)
Value of investments		at 05/04/2023		(05/04/2022)	2 505,196	3,273,750

	ofshare capital are	a	s fo	llows:
									Proportion	of
									voting rights	and
	Undertaking					Holding			shares	held	Principal	Activity
	Subsidiary undertaking
	2023
					Ordinary			E1
	Zane Professional	Services Ltd					share			100%	Administrative	services
	2022
					Ordinary			F1
	Zane Professional	Services Ltd					share			100%	Administrative	services
	Investments (neither		listed nor		unlisted)	were	as	follows:
											2023	2022
											F	E
	Shares in ZPS Ltd
14.	DEBTORS: AMOUNTS			FALLING DUE		WITHIN		ONE YEAR
											2023	2022
												E
	Amounts owed by Other debtors	participating			interests						629 2,912	616 7,101
	HMRC Gift Aid refund		due								43,337	32,560
	Prepayments and	accrued income									10,794	2,450
											57,672	42,727
	Other Debtors are	made		up ofthe following:
											2023	2022
											E
	Zim contractors loans		for solar		power						2,835	4,918
	Contractor advances										77
	Llbor Petty Cash											2,183

			2,812	7,101
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			2023	2022
			E	E
Trade creditors			12,623	8,787
Other creditors				1,147
Accruals and deferred	income		14,033	20,929
			26,656	30,863

MOVEMENT	IN FUNDS
					Net
					movement	At
				At 6/4/22	in funds	5/4/23
				E		E
Unrestricted	funds
General fund				3,529,248	(938,622)	2,590,626
Restricted funds
Restricted funds				34,000	62,591	96,591
TOTAL FUNDS				3,563,248	~876,031)	2,687,217
Net movement	in funds,	included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted	funds
General fund			2,340,304	(2,707,239)	(571,687)	(938,622)
Restricted funds
Restricted funds			1,095,740	(1,033,149)		62,591
TOTAL FUNDS			3,436,044	~3,740,388)	~571,687)	~876,031)

		Net
		movement	At
	At 6/4/21 f	in funds f	5/4/22 f
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

Comparative net moveme	nt in fund	s, included in the abo	s, included in the abo	ve a	re as follow	re as follow	s:
		Incoming			Resources		Gains and	Movement
		resources f			expended f		losses f	in funds f
Unrestricted funds
General fund		3,001,758		(2,823,696)			(76,549)	101,513
Restricted funds
Restricted funds		1,100,468		(1,098,583)				1,885
TOTAL FUNDS		4,102,226		~3922,279)			~76,549)	103,398
A current year 12 months	and prior	year 12 months	combined		position	is	as follows:
							Net
							movement	At
					At 6/4/21 f		in funds f	5/4/23 f
Unrestricted funds
General fund				3,427,735			(837,109)	2,590,626
Restricted funds
Restricted funds					32,115		64,476	96,591
TOTAL FUNDS				3,459,850			~772,633)	2.687,217

A current year 12 months and p above are as follows:	rior year 12 months com	bined net move	ment in funds,	included in th
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	E	E	E	E
Unrestricted funds
General fund	5,342,062	(5,530,935)	(648,236)	(837,109)
Restricted funds
Restricted funds	2,196,208	(2,131,732)		64,476
TOTAL FUNDS	7,638,270	~7,662,667)	~648,236)	~772,633)