## ## |||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)| ## ## ##