2024-12-31-accounts

MALAWI SUPPORT

ANNUAL REPORT AND ACCOUNTS 1 JANUARY – 31 DECEMBER 2024

eaglesmalawi.org

A. Charity Details

Name: Malawi Support Charity No: Address: 32 Corston Lane, Corston, Bath BA2 9AE

Charity No: 1115747 - registered in England and Wales

Contact email: [e-mail]

Trustees:

Chair – Tony Haines Treasurer – Diane Haines Trustee – Rick James Trustee – Beverly Stark Trustee – Nelson Kenneth Trustee – Cathy James

B. Charity Structure

Malawi Support is a small charity, governed by six trustees. Trustees are selected to contribute a range of skills, knowledge and experience needed to perform the charity’s duties. Current trustees have skills in finance, international development, education, theory of change, organisational strengthening, strategy and communications.

Trustees hold at least two ordinary meetings a year. New trustees are appointed by a resolution at a special trustee meeting. The charity keeps records of appointments, contact details and resignations.

C. Malawi Support Aim

Malawi Support was established with the following object: to develop the capacity and skills of socially and economically disadvantaged communities in Malawi in such a way that they are better able to identify and help meet their needs and participate more fully in society; and in particular to support the charitable work of Eagles Relief and Development Programme (Eagles).

D. Malawi Support 2024 Financial Review

Malawi Support’s 2024 income was £78,265 – 5% up from 2023. Expenditure totalled £93,170. Malawi Support carried over £81,978 to 2024, leaving a surplus of £67,073 at the year end.

In 2024, £86,275 went directly to Eagles’ Church and Community Mobilisation (CCM) work in Malawi – 93% of Malawi Support’s expenditure. 2% went to support work with street connected children in Malawi – a continued legacy of Eagles’ sister agency. A further 4% of income went on CCM online training and trustee technical support and monitoring. Only 1% of expenditure went on administration and communications, including Eagles’ website. The funding disbursed to Eagles covered our annual commitment to the national CCM work, as well as the more in depth Catalyse programme in the central region and the Zomba district of the eastern region.

Malawi Support covers core costs that are hard to meet fully through institutional donors.

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E. Brief statement of the charity policy on reserves

The charity’s policy is:

• to ensure that it can contribute to an annual agreed budget for Eagles national programme

• to retain enough surplus to use flexibly to respond to specific needs that arise, such as natural disasters and shortfalls in institutional funding

• to forecast giving for the next year, as far as feasible, to retain enough for core commitments

F. Summary of the main activities in 2024

Public benefit

When planning our activities for the year, Malawi Support trustees have considered the Charity Commission’s guidance on public benefit and have ensured that the charity is compliant. Throughout its work, Malawi Support and Eagles ensure that projects reach those who are in need, regardless of their tribe, faith, ethnicity, gender or disability. Eagles mobilises local churches to work with their communities to identify and find solutions to their own needs, using their own locally available resources, so that the work is sustainable and does not create dependency. Eagles also equips churches and their communities to work with and lobby local and national government to take up their responsibilities, as well as partnering with nongovernment services.

Malawi Support activities

Malawi Support trustee meetings:

During 2024, Malawi Support trustees held three formal meetings, as well as ongoing informal communication through emails and calls. In February, we met to review the Eagles budget and workplan for the year; to assess UK finances and support; and to finalise the transition of the charity bank account to Triodos ethical bank. In August, trustees reviewed our finances; considered and agreed a response to Eagles’ request for additional funding; and planned a trustee monitoring visit to Malawi. We also agreed that supporting the Kings’ Kids work with street connected children was in line with our overall objective as a registered charity. Trustees decided to formalise the partnership to ensure a clear paper trail and accurate accounts. This was put into effect in follow-up to that meeting. Trustees also convened an October meeting to review and approve the annual report and accounts.

Management and roll-out of Eagles’ online Church and Community Mobilisation (CCM) course Malawi Support continued to manage the Eagles online CCM course and its roll-out.

Ten participants from the cohort who began the course in 2023, graduated in March 2024. They included people from UK, Nepal, Iraq, Mozambique and Malawi. Malawi Support also enrolled a new cohort in October 2024 from a range of countries in sub-Saharan Africa and from the UK. We

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worked with Tearfund staff and consultants in planning and running the course, as Tearfund had bought the rights to the course previously and wanted to develop their own version of it for their own platform. This cohort provided an opportunity for them to gain experience of the course in its current format.

A trustee and experienced volunteer enrolled participants, organised monthly peer learning meetings (involving Eagles staff in the facilitation), marked participants’ responses and followup actions for each session and carried out all the tech behind the course.

Malawi Support monitoring, technical support and advocacy:

In February 2024, trustees convened an online meeting with Eagles Malawi’s management team to reflect on Eagles’ work in 2023 and the learning from it; to understand the 2024 workplan detail and how it was informed by the previous year’s learning; and to continue to strengthen relationships and the partnership. All Eagles and Malawi Support participants made a commitment to a specific personal action in response to the discussions.

Two Malawi Support trustees also visited Eagles in Malawi in November 2024. The aims of the trip were: to strengthen relationships, particularly with the Eagles’ management team; to monitor the impact of the work; to facilitate a theory of change workshop with representatives from all parts of Eagles; to review communications; to discuss UK church support for buying land to help with Eagles’ sustainability; and to agree draft budget and plans for 2025.

12 Eagles’ staff took part in the workshop, which interwove participatory activities to explore core questions about how Eagles contributes to change, with spiritual and biblical reflection. The outputs from the workshop were included in the new Eagles’ strategy document and will be shared on the website. One trustee visited the Zomba (eastern) region – Govala and Mpyupyu – where Malawi Support is funding the Catalyse programme expansion. She also visited two communities in the central region – Kamkwenu and Chiwoko. She met with Eagles CCM facilitators, church and local leaders and community members, who showed her the impact of the work they have done so far, in response to Eagles’ training.

Communications

Malawi Support continued to manage the shared website for itself and Eagles. Trustees also worked with Eagles CCM coordinators to produce two newsletters for supporters. The first shared and celebrated an award that Eagles received from the President of Malawi for the best response to Cyclone Freddy. Out of 772 local NGOs registered in the country, Eagles was one of only six to receive an award across a variety of categories. The newsletter showed how Eagles’ approach builds people’s resilience for the long-term, as well as responding to short- and medium-term needs. The second newsletter focused on what it looks like to be a CCM church, showing the impact on people’s lives. It also drew out useful lessons for churches in the UK who want to respond more effectively to needs in their communities.

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Eagles Malawi activities 2024

The context for Eagles work in 2024

The context in Malawi was still very challenging in 2024. Although there was no major climate shock during the growing season, Cyclone Freddy (2023) continued to impact the country, while dry spells and erratic rains caused by El Niño compounded the crisis, especially in the southern region. This led to a below average harvest again, down by a further 22.5% - a serious impact that meant over 25% of the population experienced severe food insecurity pre-harvest.

A 44% devaluation of the currency in late 2023 also drove up fuel, transport, fertiliser and pesticide prices. Forex shortages led to a massive fuel crisis, impacting hospitals, food security and peace – and bringing the country to a standstill for over six months.

Summary of Eagles’ work in Malawi

Against this difficult backdrop, Eagles continued to achieve impressive impact in 2024. It helped 1,447,852 people (60% female) in the areas shown above. Of these, Malawi Support’s core CCM funding transformed the lives of 326,350 people, supporting local churches to work effectively and sustainably with their communities, especially the most disadvantaged.

Church and Community Mobilisation (CCM)

In 2024, Eagles worked with 542 churches, across a wide range of denominations, including 46% from Living Waters (Eagles’ home church). Through CCM, Eagles reached people across the whole country: 42% of the churches and their communities were in the northern region; 20% in the southern and eastern; and 38% in the central region. Eagles’ CCM approach trains churches to work with community leaders and members of all faiths. They learn to identify those who are especially vulnerable. In 2024, churches and communities involved in CCM worked with 649 orphans and vulnerable children, 197 people affected by HIV/ AIDS and 1,280 people who are elderly or with disabilities. Eagles’ CCM activities funded by Malawi Support in 2024 included:

• National mobilisation of churches: Eagles has envisioned and trained churches to understand their responsibility to work with their communities to bring about holistic transformation. They have carried out refresher trainings and monitoring visits, as well as phoning leaders to check on progress.

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Churches and communities worked together to prioritise the changes they wanted to see and identified local resources to help bring those changes about. They worked across all areas of development (see outcomes below). Eagles also supports local churches to set up and sustain Social Action Committees to oversee the community development work. In 2024, 502 out of the 542 churches reached, have set up committees. 406 were active in 2024 – 75% of them. This is critical for sustainability as they continue to encourage existing and new initiatives, even when Eagles is not visiting.

• The Catalyse programme: This programme provides more in-depth CCM training to church leaders and facilitators to equip them to bring about mindset change in their congregations and to take action to address issues with their communities. In 2024, the central region programme extended the work from Kamkwenu community to Chizuba village in Chiwoko. Kamkwenu is made up of 17 villages and about 3,000 households. They are carrying out multiple activities, - including permaculture, diversifying crops and fruit growing, inter-cropping, i 4 3\ a f tat ga and making their own organic fertiliser; livestock raising; beekeeping; fishfarming, sunflower oil making; and pe“we af A~aa\ Mlvic.&bage, D2 yoPSN |Pe| SR——— Pihawer caring for the elderly and vulnerable. In 2024, they also managed to buy a tractor (photo right) – a very rare sight in Malawi – and were able to use it to ae #) ys <— oats | improve yields, covering in one or two AS) \ / 4 hy ; yx days what used to take them a month.

In 2024, Malawi Support also funded an extension of Catalyse to the eastern district of

Zomba, which has been devastated by Cyclone Freddy. We enabled Eagles to hire an additional CCM facilitator to work in two communities – Govala and Mpyupyu. Eagles held awareness meetings with church and community leaders and carried out envisioning workshops and CCM training. They also carried out a joint training in Disaster Response with government officials to help communities plan for and mitigate disasters. Despite only recently beginning the programme, they had already taken action to support the local hospital, developed tree nurseries and created dykes in areas where floods had been destroying crops. They are visiting the sick and have also identified the most vulnerable people and helped to cultivate their land, construct houses for them and secured a wheelchair for someone with disability.

Training church leaders in CCM

In 2024, Eagles trained 67 student church leaders (12 women and 55 men) in the Bible School in ‘God’s heart for the poor’ (Integral Mission), equipping them in the CCM approach so they can work with their communities to respond to needs holistically. 389 trainee church leaders (104 women and 285 men) cumulatively have been trained over the past nine years (2016 to 2024).

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Outcomes achieved through Eagles’ work core-funded by Malawi Support

Thanks to Eagles’ training, communities brought about transformation in their standard of living, health, education, relationships and in their environment. Eagles helped communities become self-reliant and resilient, able to identify their problems, find lasting solutions and take action for themselves, using locally available resources.

Improved relationships

Eagles helped communities become more inclusive of people facing stigma, such as those living with disabilities or with HIV/AIDS. They restored relationships by promoting safety and dignity, reducing harmful practices such as child marriage and domestic violence. Bible studies and participatory activities have helped people think about the roles of men and women and share tasks more equally.

“At the beginning the men would just send us to do tasks and they would do less work. This caused conflict between us. But now we share everything, including leadership, working equally as men and women. No one is above the other.” (female community member)

Relationships also improved between churches, communities and their leaders. One chief said: “Relationships have improved a lot. We learned that, if we want to develop our community, we need to depend on each other in the work we do: chief, church leaders, community members.”

Improved standard of living

Churches have worked with ee 37,067 people in communities to improve food security and their standard of living. People have . improved the amount and nutritiousness of their food (photo right – Kamkwenu, central region). They harvested fish and honey, reared and ate livestock, and made sure even the most vulnerable people had enough to eat. One mother described the difference she has

seen since Eagles training:

“My home has completely changed. It was full of hunger, but now we have no hunger. We are not struggling anymore to send the children to school; and I am putting money aside from selling soya beans to buy iron sheets for the roof of our home.”

People can now save money and generate income to pay for basic needs like schooling and medicine, as a result of their participation in Village Savings and Loans groups and Self-Help groups that Eagles helped them set up and manage. A total of 1,417 households have taken part in 115 groups in 2024.

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Improved education

Churches and communities, trained by Eagles, identified vulnerable children who needed additional support to go to school, providing them with uniforms and notebooks and paying their school funds. Vulnerable under-five children improved their safety by attending Community Based Childcare Centres, set up by their communities. Families are also now more able to send their children to school as they are generating small amounts of income from selling crops and other activities and have learned how to save and use money wisely.

Improved environment

“We plant trees which provide mulch for the soil, improving fertility and providing the nutrients, which increases our harvest. We plant indigenous trees, which attract the rain. And we are also planting a woodlot to protect the dam and provide firewood.” (community member)

Churches have mobilised their communities to plant trees, as a result of Eagles’ training. In 2024, they planted a total of 8,685 trees. Churches in Ntchisi district of central region are also working to restore and conserve 43.5 hectares of forest; while in Lilongwe, churches are managing natural regeneration of forest. Permaculture and homemade organic fertiliser have helped preserve soil fertility and improve crop production. Communities have developed plans to protect themselves from, and deal with, climate shocks – linking up with government officials to get more support and expertise.

Improved health

“We have seen change in the health of our children. They are not getting sick as much as before. My family has changed so much.” (community member)

Eagles helped communities prevent and manage diseases better by improving hygiene, nutrition and access to clean water and health services, benefitting 1,367 people. They improved nutrition because of better agricultural practices and crop diversification. Communities also created new handwashing facilities and safer places to dry kitchen utensils. They built toilets and raised people’s awareness on how to protect their health. They protected people from malaria, raising awareness about the disease and planting fruit trees in areas of ‘grey’ (waste) water to reduce the risk of infection (as mosquitoes congregate and breed in stagnant water).

Eagles not only helps communities address physical health issues, but also to become aware of mental health issues. Churches have provided psycho-social care and counselling, especially post disaster.

Improved resilience

Eagles’ work helps local churches and communities take the initiative to solve their own problems, shifting mindsets from dependency to problem-solving. They learn to recognise and use locally available resources, whether material, financial or identifying skills. One community member said:

“ We used to feel shy but now we can speak out, ask questions and talk more confidently. We are changing the way we think – not depending on handouts any longer but becoming people who can develop their own area themselves.”

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G. Learning

Some of the key learning shared by Eagles staff in 2024 includes the following:

• Engaging children in CCM as ‘champions of change’ – rather than seeing children only as secondary beneficiaries. Eagles trained churches and communities to form groups where children can meet and discuss challenges like abuse, as well as how to improve education and life skills. As a result, children are back in school and they are taking action to address issues in their communities, such as planting trees.

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• Strengthening Early Childhood Development (ECD) Eagles helped communities set up ECD centres for the under-fives. They have developed good coordination between stakeholders in handling children's issues, including government, community and church leaders.

• Multiplying and sustaining CCM facilitators : Eagles has developed a strong approach to equipping community facilitators who can ensure the continuity of the work. They have also found that engaging younger facilitators strengthens uptake of the work in the community.

• Ongoing envisioning of the whole church : Eagles now ensures that the church membership is part of envisioning and not just the leaders, so that they will sustain the work, even if the leader is transferred to another place. They have learned how to adapt CCM process to the situation and context of each churches, assessing the foundations on which they can build.

Conclusion

In 2024, Eagles CCM work increased its reach to churches and communities, supporting 56% more people than the previous year. Eagles attributes this to its increased focus on developing volunteer community facilitators, multiplying them by

training existing facilitators to be trainers of trainers. Malawi Support has encouraged this over the last decade, constantly raising the issue with Eagles’ management. The table right shows the number now facilitating CCM in each region – a testament to Eagles’ CCM management commitment and creativity.

Churches and their communities achieved lasting change in relationships, standard of living, health, education, resilience and in the environment. Furthermore, the Eagles online CCM course extended Eagles’ cost-effective, sustainable approach to other organisations and countries.

Malawi Support trustees are very conscious of the changing context in which Eagles is working – not only in terms of the national issues facing them, but in the face of slashed aid budgets and an increasing culture of protectionist self-interest in many funding countries. Trustees are very grateful to individuals and churches supporting Eagles’ work who have continued to give so generously despite this – and have therefore managed to sustain currently levels of funding.

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REGISTERED CHARITY NUMBER: 1115747 REPORT OF THE TRUSTEES AND FtNANCtAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR MALAW[ SUPPORT Owen Limited Chartered Accountants & Business Advisors

MALAW[ SUPPORT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report with the financial slafrments of the charity for the year ended 31 December 2024. The In￿tteS have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTJVITTES Objectives and aim5 The aim of thc charity is to develop thc Capacity and skills of socially and economically disadvantaged cornmullitics in Malawi. in such a way that thcy are better able lo identify and help mcct their needs and participate more fully in society and. in particular, lo support the charitable work of Eagles Reliet and Development ProgramTne. The activities of the charity are raising ￿ndS from UK supporters to send to Eagles Relief and Development Programme in Malawi. to bc used An development projects across Malawi. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is Controlled by its governing documenL a deed of trust and Constitutes an unincorporated charity- Risk management Th¢ trnstees have a duty to identify and r¢vi¢w the risks to which the charity is exposed and to ensure appropriate controls ar¢ in pla¢¢ to provide reasonable assurnn¢¢ against fraud and error. The Trustees are satisfied that appropriate controls are in place. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 1115747 Principal address Eden Cottage 32 Corston Lane Corston Bath BA2 9AE Trustees A Hain&s D Haines B Stark R James C James N Kenneth Tndependent Examiner PG Owen Limited Chartered AcGouutAnts 124 High Street midson￿r Nortoll Bath Avon BA3 2DA Approved by order of the board of trustee5 on l O September 2025 and signed on its b¢half by: D Haines - Trustee Page I

11NDEPENDEP￿ EXAMINER'S REPORT TO THE TRUSTEES OF MALAWI SUPPORT Independent examiner's report to the tru5tee5 of MalAwi Support I repoi-t to the charity fruslees on Lny examination of tb¢ accounts off Malawi Support (the Trust) for the year ended - 31 Deceinber 2024. Responsfbilities and basis of report As the charity ttuskes of the Trust you are responsible for the preparacion of the accounts in accordance with the requirements of the Charities Act 2011 I'the ACV). T report in respect of my examination of the Trusts accounts carried out under Section 145 of the Act and in carying out tny eKatnination I have follDwed all applicable Directions given by the Charity coLn￿lS$10tt under Section 145(5){b) of the Act. Independent examiner's st&tement I liave completed my examinallon. I confim that no material mattrs have come to my att¢ntion in connection with the exatninatioii giving n]e cause to beli¢ve that in any material respect: accounting records wsre not kept in respect of the TNst as r¢quired by Section 130 of the Act; or the accounts do not accord with thos¢ records. or the accounts do not ¢on7ply with the applicabl¢ requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirernenl that the accounts give a e and fair view which is not a matter considered as part of an Llldepelldent exatnitiation. I have no concerns and have come across no other raatters in connection with tELe examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Robin N Browning BA{ ons) FCCA FCA FAIA BFP PG Owen LAniited Chartered Accountants 124 High Street Midsomer Norton Bath Avon BA3 2DA l O September 2025 Owen Limited Page 2 Chartèrgd Accountanrs Fin.3Thcial Adviiof8

MALA WT SUPPORT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Unrestricted fund 2023 Totsl ds Notrs INCOME AND ENDOWMENTS FROM Donats"ons and legacies 77.529 73.103 tnvcstment income 736 1,239 Total 78.265 74.342 EXPENDITURE ON Raising funds .052 1.088 Other 92,118 109,648 Totsl 93,170 110.736 NET INCOMEI(EXPENDITURE) (14,905) (36,394) RECONCILIATTON OF FUNDS Totsl funds brought forward 81,978 118,372 TOTAL FUNDS CARRIED FORWARD 67,073 81,978 The notes fonn part of these financial ststements Page 3

MALAWT SUPPORT BALANCE SHEET 31 DECEMBER 2024 2024 Unrestricted nd 2023 ToÈal nds Notes CURREwf ASSETS Debtors Cash at bank 7,399 60,359 5,407 77,221 67.758 82,628 CREDITORS Amounts falling due within one year (685} {650) NET CURRENT ASSETS 67,073 81,978 TOTAL ASSETS LESS CURRENT LtABILITIES 67,073 81,978 NET ASSETS 67.073 81,978 FUNDS Unrestricted fi￿aS 67,073 81.978 TOTAL FUNDS 67,073 81,978 The fmancial statenLents w¢re approved by the Board of Tn￿te¢S and authorised for issu¢ on 10 Septrmber 2025 and were signed on its behalf by.. D Haines - Trustee The notes form part of these financial statements Page 4

MALA WI SUPPORT NOTES TO THE FINANCIAL ST A TEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 AccouwfJNG POLICIES Basis of preparlng the financiydl statements The financi&l statements of the charity, which is a publi¢ benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statemeiit of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of I￿land, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fijnds, it is probable that the income will be received and the amount can b¢ measured reliably. Expenditure Liabilities are recognised as expenditure as soon as th¢r¢ is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditur¢ is accounted for on an accruals basis and has b¢¢n clas5Lfied under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment 330/0 on reducing balance Taxatlon Th¢ charity 15 exempt from tax on its Charitable activities. Fund accounting Unrestricted funds can be used in accordance with the ¢haritsble objectives at the discretion of th¢ trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when ￿ndS are raised for particular restrict¢d purposes. Further ￿planatiOn of the naNre and purpose of ¢ach fijnd is included An the notes to the f￿anCIal statments. INVESTMENT INCOME 2024 2023 Deposit a¢¢ounl interest 736 1.239 Page 5 continued...

MALAWI SUPPORT ' NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 RAIS]NG FUNDS Raislng donations and legacles 2024 2023 Support costs 685 844 TRUSTEES, REmU￿ERA TION AND BENEFITS There were no tr￿stee5, rctnuneration or othcr benefits for the year ended 31 Deccmber 2024 Dor for the year cnded 31 December 2023. Trustees, expenses There wcrc no trustees, expcnses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. COMPAIL4TtVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fimd L¥COME AND ENDOWMENfs FROM Donations and lega¢i¢s 73.103 Investment incom¢ 1.239 Total 74,342 LXPENDITURE ON Ralsing funds 1,088 Other 109,648 Total 110.736 NET INCOMEI{EXPENDrruRE) (36.394) RECONCILIATTON OF FUNDS Total fimds brought forward 118.372 TOTAL FUNDS CAIUUED FORWARD 81,978 Page 6 continued...

MALAW[ SUPPORT "NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 TANGIBLE FIXED ASSETS Computer equipment COST At l January 2024 and 31 December 2024 447 DEPRECT A TION At l January 2024 and 31 Decembei- 2024 447 NET BOOK VALUE At 31 December 2024 At 31 December 2023 DEBTORS: AMOUNTS FALLING DUE ￿TllIN ONE YEAR 2024 2023 Prepayments and a¢cmed income 7,399 5.407 CIiEDrroRS: AMOUNTS FALLING DUE ￿THIN ONE YEAR 2024 2023 Other ￿edItorS 685 650 MOVEMENT IN FUNDS Net movenlent in ￿ndS At 31.12.24 Atl.1.24 Unrestricted funds General fund 81,978 (14,905) 67.073 TOTAL FUNDS 81,978 (14,905) 67,073 Net movement in fi￿d5, included An the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds Gencral fund 78,265 (93,170) (14.905} TOTAL FUNDS 78.265 {93,170) (14,905) Page 7 continued...

MALAW[ SUPPORT NOTES TO THE FINANCIAL STATELIIENfs - contlnued FOR THE YEAR ENDED 31 DECENIBER 2024 MOVEMENT IN FUNDS - contlnued Comparatives for movement in funds Net movement in funds At 31.12.23 At 1.1.23 Unrestricted funds Gcneral fund 118,372 (36,394) 81.978 TOTAL FUNDS 118,372 (36,394) 81,978 Comparative net movement in funds. included in the above are as follows.. Incorning resources Resources expended Mov¢ment in funds Unrestricted funds General fvnd 74.342 (110,736) (36,394) TOTAL FUNDS 74,342 (110,736) (36,3941 A current year 12 months and prior year 12 nwnths combined position AS as follows.. Net movement in ￿ndS At 31.12.24 Atl.1.23 Unrestricted funds General ￿nd 118,372 (51,299) 67,073 TOTAL FUNDS 118.372 (51,299) 67,073 A CULTent year 12 months and prior year 12 months combÈned net tnovement in funds, included in the above are as follows: Incoming rcsources Resources expended Movement in funds Unrestricted funds Gcneral fund I52.607 (203,906) (51299) TOTAL FUNDS 152,607 (203,906) (51299) Page 8 continued...

MALAW[ SUPPORT -NOTES TO THE FINANCIAL STATEMENTS - eontlnued FOR THE YEAR ENDED 31 DECEMBER 2024 10. RELATED PARTY DTSCLOSURES There w¢re no related paty transactions for the year ended 31 December 2024. Page 9