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2025-03-31-accounts

Trustees’ Annual Report for the period

From 1 April 2024 To 31 March 2025

Charity name: Msizi Africa

Charity registration number: 1119525

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To enable more promising futures for
children in Lesotho through the use of food
and food-related programs. We will work
closely with the local communities at our
programs so that they can be increasingly
locally sustainable, giving people the
opportunity to feel in control, while allowing
Msizi Africa to expand its operations to other
communities.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
During the period, our primary activity has
been the management of feeding projects in
three villages in the Mohale’s Hoek district of
Lesotho. We see this region as the core of
our operations, and we aim to expand our
operations to other communities in this area.
In addition, we have invested in agricultural
activities to support the sustainability
objectives of feeding projects in these
villages. This includes the purchase of
parcels of land in Lesotho to aid in the
agricultural programs to promote long term
stability.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 We confirm that the trustees have had
regard to the Charity Commission’s
guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 We allocate a small percentage of our
annual budget to contingency projects.
These comprise projects that benefit the
children and young people at our
programmes beyond the remit of food and
food-related programmes. These include
medical costs, one-off projects, and
educational support.
Policy on social investment
including program related
investment
Para 1.38 See above
Contribution made by
volunteers
Para 1.38
Other None
Achievements and Performance
SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 We continued to provide a consistent level of
support to the programmes that we have
committed to.
The children we support are well and are
receiving nutritious food. They are
developing healthily and in line with the
World Health Organisation guidelines with
respect to weight for age, height for age and
body mass index.
Connections with women in the local villages
running the feeding programme continued to
be strengthened during the period and the
development of the feeding centres
progressed.
Our Lesotho Country Director continues to
be reliable and ambitious in growing the
capabilities of the organisation and has
provided Msizi Africa with a strong model for
future expansion in Lesotho.
Additional information (optional)
You may choose to include further statements
where relevant about:
Achievements against
objectives set
Para 1.41 Refer above, no further comment
Performance of fundraising
activities against objectives
set
Para 1.41 Refer above, no further comment
Investment performance
against objectives
Para 1.41 Not applicable
None

Other

Financial Review

Review of the charity’s
financial position at the end
of the period
Para 1.21 The charity’s financial position (cash
balance) at the end of the period, 31stMarch
2025) is lower than the prior period due
expenses being higher than income. Driven
mostly by a combination of (i) lower grant
income, regular donations and fundraising
activities, and (ii) lower spend (but to a
lesser extent) on program activities, offset by
an increase in investment in charity
sustainability activities (infrastructure in
Lesotho, such as land purchase).
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The charity’s policy is to maintain reserves at
an appropriate level throughout the period
which should be equivalent to six months’
worth of budgeted project costs. This may
include taking advantage of weaknesses in
the South African Rand to buy ZAR in
advance at a preferential rate and maintain a
reserve with the currency exchange
company.
Amount of reserves held Para 1.22 The charity has reserves of £12,187 (2022:
£12,187). However, as mentioned above,
the charity has a policy to maintain at
approximately six months’ worth of budgeted
project costs (however this has been agreed
amongst Trustees to be at least 12 months,
where possible). All assets are held in cash
or cash equivalents, with liquidity restrictions
of less than 3 months.
Reasons for holding zero
reserves
Para 1.22 N/a
Details of fund materially in
deficit
Para 1.24 N/a
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 N/a – see above.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The main sources of funds are from regular
donors (individuals and corporate) as well as
periodic fundraising events (such as quizzes
and sporting events)
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 The charity holds all assets in cash in GBP.
No investments outside of cash are made.
A description of the principal The charity’s principal finance risks include:

risks facing the charity Para 1.46 1. Loss of key donors or a reduction in the amount received in donations 2. Fluctuation in FX rates, in particular between GBP and ZAR and any associated charges thereto 3. Rising food costs in Lesotho 4. Extraordinary circumstances such as those caused by the Covid-19 pandemic, which could impact all three factors above, and also impact the sustainability initiatives of the charity. 5. Macro-economic conditions such as global inflation and geopolitical instability. 6. Loss of funding and/or infrastructure due to governmental cuts in aid and grants, resulting in a knock-on impact on Msizi Africa and its mission Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Trust Deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Nomination/interviewed by Board of
Trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 Periodic reporting requirements exist for all
projects receiving funding. Trustees provide
training and guidance on processes to meet
these requirements.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The charity is structured as a Trustee led
organization and is entirely led by
volunteers. There are no directors or
reporting structures, but the Trustees must
communicate updates to the group.
Relationship with any related
parties
Para 1.51 Our Lesotho Country Director continues to
be reliable and ambitious in growing the
capabilities of the organisation and has
provided Msizi Africa with a strong model for
future expansion in Lesotho.
Other There is a child protection policy in place
that we adhere to strictly. Each project has
committed to adhering with this policy. Any
breach of our child protection policy will
result in a thorough investigation. Any
project failing to support such an
investigation will result in the immediate
termination of funding. In addition, the
process following non-compliance with this
policy has been communicated to all
program managers.

Reference and Administrative details

Charity name Msizi Africa
Other name the charity uses n/a
Registered charity number 1119525
Charity’s principal address 19 Kirkstall Road
London
SW2 4HD

Names of the charity trustees who manage the charity





Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
LucyHerron FoundingTrustee Board of Trustees
Nick Wood Board of Trustees
Daphne
Kasambala
Board of Trustees
Jennifer Piper Board of Trustees
Christopher
Roberts
Treasurer Board of Trustees

– Corporate trustees names of the directors at the date the report was approved

Director name

n/a

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Lucy Herron Full name(s) Chris Roberts ~~—~~ Position (eg Secretary, Treasurer Founding Trustee Chair, etc) ~~a~~ Date 09/12/2025

Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
Total funds
to the nearest £
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
1119525
No (if any)
Msizi Africa
Receipts and payments accounts
01/04/2024
31/03/2025
To
For the period from
eeee
Last year
to the nearest £
CC16a
_
Last year
to the nearest £
CC16a
_
Last year
to the nearest £
CC16a
_
General donations received
18’575
8’468 8’468 - - - - 27’043 27’043 27’043 30’682 30’682
Fundraising events
2’215
- - - - - - 2’215 2’215 2’215 2’130 2’130
Investment and interest income
1’656
- - - - - - 1’656 1’656 1’656 1’499 1’499
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
Sub total(Gross income for
AR)22’447
8’468 8’468 - - - - 30’915 30’915 30’915 34’311 34’311
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts 22’447
8’468
-
30’915
34’311
A3 Payments
Grants and donations paid
30’974
8’468
-
39’442
34’686
S~~S~~=
Salaries
-
- - - - - - - - - - -
Administrative expenses
3’304
- - - - - - 3’304 3’304 3’304 1’159 1’159
Fundraising expenses
18
- - - - - - 18 18 18 - -
Other payments for welfare activities
525
- - - - - - 525 525 525 3’133 3’133
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
Sub total 34’821 8’468 8’468 - - - - 43’289 43’289 43’289 38’978 38’978
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments
34’821
8’468
-
43’289
38’978
Net of receipts/(payments)
- 12’374
-
- - 12’374
- 4’667
A5 Transfers between funds
-
- -
-
-
A6 Cash funds last year end
79’893
- -
79’893
84’560
Cash funds this year end
67’519
-
- 67’519
79’893
—= —~~_—~~—
SS~~S]~~

CCXX R1 accounts (SS)

31/01/2026

1

Section B Statement of assets and liabilities at the end of the period

==> picture [545 x 666] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Categories|Details|Unrestricted funds|Restricted funds|Endowment funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|Current Account|2’917|-|-| |Bank - Savings Account (Account 81336497)|27’349|-|-| |Bank - Liquidity manager 35 day (Account 81737610)|37’253|-|-| |Total cash funds|67’519|-|-| |SS]| |(agree balances with receipts and payments account(s))|OK|OK|OK| |Unrestricted funds|Restricted funds|Endowment funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |-|-|-| |ee| |Fund to which asset| |Details|belongs|Cost (optional)|Current value (optional)| |B3 Investment assets|-|-| |-|-| |-|-| |-|-| |-|-| |SS| |Fund to which asset| |Details|=|belongs|Cost (optional)|Current value (optional)|=| |B4 Assets retained for the|-|-| |charity’s own use|-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |-|-| |777| |Fund to which liability|Amount due (optional)|When due (optional)| |Details|relates| |B5 Liabilities|-| |-| |-| |-| |-| |Signed by one or two trustees on behalf of all the trustees|Signature|Print Name|Date of approval| |Lucy Herron|15/08/2025| |Chris Roberts| |———|15/08/2025| |CCXX R2 accounts (SS)|2|31/01/2026|

----- End of picture text -----

21 Lowri¢ Gait South Queensferry EH30 9AB 04.01.25 INDEPENDEiYf EXAMINER'S RE RT Dear Tn￿teeS of Msizi Afric This l¢tter contains the independent examiner's report for Msizi Africa for the accounts in respect of the .pwiod April 2023 to March 2024. This report has beffl preyared by Sam Walker. a Fellow of the Association of Chartered Certified Accountants (FCCA). and Aswiate Member of the Association of Corporate Tre&wm (AMCT). Statements I can confirm that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006. This report relates to aD independent examination Carri￿ out under section 145 of the 2011 Charities Act and that the examination has been conducted in a￿OrdanCe with the Directions given by the Commission. Examination During my review of the a￿OUnts provid￿ no matter h&$ cotne to my attention, which gives r￿onable cause to believe that in any material rw accounting records have not been kept in accordance with section 130 of the Charities Act 2011. Additionally no Mat￿ has ￿me to rny attention in connection with being unable to reach a proper understsnding of the accounts Kind regards. Sam Walker FCCA AMCT