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2021-12-31-accounts

micaia micaia Report of the Trustees 2021

Micaia Report of the Trustees For the year ended 31 December 2021

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Prof. Daniel Brockington (Chair, resjgned 23/05/22) Christopher Bowes Dr Isilda Nhantumbo Laura Gilbert (Treasurer) Milagre Nuvunga Dr Sandy Ochojna (Chair, appointed 23/05/22) Prof. Philip Woodhouse Company secretary Andrew Kingman Principal staff Andrew Kingman, Director Registered office and operational address 13 Windsor Road Buxton Derbyshire SK17 7NS 01298 24248 www.Micaia.org info@Micaia.org Charity registration number 1120413 Independent Examiner Lindsay Johnston, FCA (retired) Bankers Royal Bank of Scotland The Square Bakewell Derbyshire DE45 1BT Scottish Widows Bank 67 Morrison Street Edinburgh EH3 8YJ

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Micaia Report of the Trustees For the year ended 31 December 2021

The Trustees of Micaia UK present their report and the financial statements for the year ended 31 December 2021.

Legal and administrative information set out on page 2 forms part of this report. The financial statements are prepared on an accruals basis.

In 2021 the income of the charity was not above £250k and the total assets (before liabilities) of the charity do not exceed £3.26 million, therefore the annual accounts are subject to an independent examination, rather than an audit.

Objectives and activities

Micaia’s mission is to help Mozambique prosper - sustainably and inclusively, with all people capable of and supported in securing their own well-being.

In pursuing its mission, Micaia is developing and testing a coherent ‘localization’ approach to economic and social development. This responds to the various dimensions (economic, social, cultural, environmental, and spiritual) of how people we work with define ‘prosperity’ or wealth. The approach frames Micaia’s values of creating social and economic fairness for poor people, creating opportunities for people to build assets, empowering people through building better skills knowledge and confidence, and working for an enabling policy and investment environment.

Micaia UK’s principal activities include:

Purpose, structure and governance of the charity

Micaia is an international non-governmental, non-political, non-religious organisation created as a charitable legal entity in the UK. Micaia UK was registered as a charity on 7th August 2007. The organisation was established under a Constitution, which established the objects and powers of the charity.

The Constitution defines the Charity’s ‘Objects’ as being:

  1. To promote sustainable development for the benefit of the public by: (a) the relief of poverty and the improvement of the conditions of life in socially and disadvantaged communities of Mozambique;

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Micaia Report of the Trustees For the year ended 31 December 2021

(b) the promotion of sustainable means of achieving economic growth and regeneration in rural and urban communities of Mozambique.

(c) the preservation, conservation and the protection of the natural resources and wider environment of Mozambique and the prudent use of its resources;

  1. To advance the education of the public in subjects relating to sustainable development and the protection, enhancement and rehabilitation of the environment and to promote study and research in such subjects provided that the useful results of such study are disseminated to the public at large.

Sustainable development means “ development which meets the needs of the present without compromising the ability of future generations to meet their own needs. ”

Micaia UK is governed by a Board of Trustees (currently 7, including the Chair).

The charity is UK based with its registered office and administrative centre in Buxton. The Director is currently seconded to MICAIA in Mozambique, working both with Micaia’s sister organization, the Micaia Foundation, and the linked social enterprise, Eco-Micaia Ltd.

Organization

The charity is governed by its board of Trustees which usually convenes at least three times a year in the UK, though there were two meetings in 2021. Day-to-day management of the charity is delegated to the Director.

Risk management

The Trustees developed a risk management framework based on guidance from the Charity Commission. Trustees review this framework and the general risk management policy on an annual basis.

Safeguarding

Within the Micaia ‘family’, Micaia UK took the lead in developing Micaia’s policy on Safeguarding, using best practice from UK experience and guidance. The Board has continued to lead in ensuring that Safeguarding is to the fore at all levels throughout the organization.

Achievements and performance

Micaia: institutional development

In the course of 2021 Micaia UK continued to play an active role in supporting the institutional development of Micaia as a whole. This included active participation in the drafting of a new ‘Micaia Manifesto’ (2022-2026) – the document that sets out Micaia’s values, principles and priorities and guides annual planning. Micaia UK also supported the

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Micaia Report of the Trustees For the year ended 31 December 2021

establishment of Micaia’s new Research Working Group and has two UK Board Members as active participants in the Group.

Micaia UK’s support for Mozambique continued to focus on four main areas:

Maintaining an active Board

Micaia UK is supported by the volunteer activities of its Board. In addition to the meetings of the Board, almost always attended by all Members, individual Trustees continued to take on specific tasks agreed at Board Meetings or as part of continuing operations. These activities included banking and financial management, keeping abreast of UK charity law and requirements, promoting the organisation, organizing events, research, and representing Micaia at meetings.

Engaging in the governance of the Micaia ‘Family’

Through the year, the Chair of the UK Board maintained monthly contact with the Foundation Board’s representatives, monitoring in particular the security situation in Mozambique and the evolution of the Covid-19 pandemic. The UK Chair also received and commented on papers presented to the Micaia Foundation Board Meeting. The UK Chair and Vice-Chair participated in the monthly inter-board ‘Steering Committee’ skype meetings. These monthly meetings follow a standard agenda that incorporates security, safeguarding, reputation management, personnel issues, finance, and headlines from projects and other actions in Mozambique. The Minutes of the Steering Committee meetings are shared with all Micaia board members.

Micaia UK’s Treasurer continued to support the financial management and planning of Micaia in Mozambique, advising on management accounting and other financial systems.

Supporting Eco-Micaia Ltd and its investments

Eco-Micaia Ltd is a company registered in Mozambique and operates as part of the Micaia ‘group’. It shares the same overall purpose and strategic plan as Micaia UK and Micaia Foundation. It was created in 2007 (reg. no. 400168105) to provide a vehicle for services and investments in value chains and socially responsible businesses, community ventures and other market-oriented actions that could create livelihood opportunities for suppliers, producers and workers.

Since the end of 2016, Micaia (UK) has been a shareholder in Eco-Micaia and Dr Sandy Ochojna is the Trustee appointed to the Eco-Micaia Board of Directors to represent Micaia

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Micaia Report of the Trustees For the year ended 31 December 2021

(UK). During 2021, Dr Ochojna has been closely engaged in supporting the management and governance of Eco-Micaia. This included, inter alia:

Marketing and communications

Micaia UK took the lead role in 2021 in overhauling the charity’s website and social media presence. This work included a complete re-development of the website and the restructuring of Micaia’s Facebook page to link more effectively with fundraising.

In support of online fundraising, Micaia reviewed available platforms and services and took the decision to launch in 2022 with People’s Fundraising.

Responding to Covid-19

Travel restrictions in the UK through 2021 meant that all Micaia board meetings and other interactions were conducted online. Micaia worked closely with its director and representative in Mozambique to ensure that the whole Micaia ‘family’ adopted safe and reasonable approaches to managing risk while maintaining project implementation and the enterprise activities. The result was that no one employed by Micaia in Mozambique or by one of the local enterprises established by Micaia lost their job or income due to the pandemic.

Programmes

Micaia’s programmes are focused entirely on Mozambique. All programmes link with one of the four ‘pillars’ that provide the framework to Micaia’s strategic plan. The four ‘Pillars of Prosperity’ are:

a) Food security and the local food economy; b) Active citizenship; c) Sustainable management of natural resources; d) Diverse and inclusive local economies.

In 2021, Micaia continued to support work led by Micaia Foundation in the north of Manica Province in the districts of Guro and Tambara. Since 2016, Micaia has focused much of its support on work relating to promoting livelihoods based on natural products. With support from a private family foundation, Micaia launched a new phase of work in this landscape. The project is entitled: From vulnerability to resilience . As with the previous project supported by the family foundation, while the grant agreement is between Micaia Foundation in Mozambique and the funder, Micaia in UK received the funds and managed the onward grants to Micaia in Mozambique.

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Micaia Report of the Trustees For the year ended 31 December 2021

The work done by Micaia Foundation since 2016 has created new opportunities: increased sources and scale of income for women in particular (from selling baobab fruit); fostered a better understanding of natural resources and the risks to these of unsustainable extraction; and encouraged merging and stronger community organizations. The successes of the programme have led to other funding being secured by the Foundation for work in the area. This funding includes support for the construction of dams that will then backfill with sand that stores water into the dry season when the watercourse runs dry, and support for baobab collectors and their Association. The problem to be addressed in the new project is how to scale up and sustain the benefits of the work done to date; put another way, how to help people reduce their vulnerability and, as families and communities, become more resilient?

The project expands the area of intervention across what Micaia refers to as the Lower Zambezi Valley, incorporating Guro and Tambara districts along with Changara District of Tete Province. The goal of the project is to help people strengthen their communities’ resilience (particularly adaptability and resilience in the face of climate change) and, in so doing, to inspire and facilitate change in neighbouring Districts sharing similar characteristics.

The project is holistic in design and approach, mirroring the four Pillars at the heart of Micaia’s strategy. One component focuses on sustainable agriculture and aims to enable 5,000 families to learn about and implement more sustainable agricultural systems. A second component focuses on natural resource management and aims to facilitate in 26 communities of Guru and Tambara Districts, and 7 communities of Changara, the creation and implementation of Land and Natural Resource Management Plans. The third component maintains Micaia’s core focus on livelihood diversification and natural products and aims to enable 3,000 families to increase household income by participating in at least one non-timber forest product value chain. Finally, a fourth component on human development seeks to enable 1,000 women and 500 men to build literacy and numeracy skills according to their own priorities and, in so doing, establish and pilot a new approach to integrating functional literacy and numeracy in livelihoods and life skills. Binding all of these actions together, the Micaia team hopes to facilitate the development, with community partners, of district-level ‘Community Resilience Associations’ in each of Guru and Tambara Districts, creating a longer term model which Micaia Foundation can introduce ino other Districts. Our strategic aim is to support community-led development and make more effective use of the many resources that exist in communities throughout the area in which Micaia operates.

The Micaia field team made good progress in the first full year of project implementation, delayed as it had been initially by Covid-19. In the early part of the year there was a big focus on data gathering in communities. This involved conducting Participatory Rural Appraisals in the communities as well as gathering data from local authorities. One key theme that emerged in the research was that communities were not happy with the spread of illegal timber logging because all the species, including fruit species, are disappearing.

In the agricultural component, to reach the target numbers of farming families, we are adopting a training of trainers approach that supports a network of Lead Farmers. Training for Lead farmers was provided in best practices for harvesting, storage and selection of seed for next season. The training included the best time to harvest, how to dry the produce before harvesting and how to store it; also, how to construct good silos and how

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Micaia Report of the Trustees For the year ended 31 December 2021

to fill them with the cereals, and what plants to use as pesticides and how to prepare them. Given that most of the farmers don’t buy seed every agricultural season, the participants were also trained on how to select seeds from their produce and how to store the seed separately from the rest of the cereal that they will use. Linked to the training, Lead Farmers were supported in establishing demonstration plots. In all, 149 demo plots were set up, enabling other farmers in the village to visit and see various farming techniques in operation. By the end of the year, 2,632 farmers in 80 villages were reached with messaging and training on the importance of moving to more sustainable forms of agriculture.

The main focus of the work in the year was on capabilities and non-formal literacy and numeracy. Micaia UK has contracted a specialist consultant with extensive experience of facilitating functional literacy and numeracy in non-formal processes and contexts. In 2021, the consultant guided work on the ground, supporting the project manager and capabilities Field Officer, and participating in several online and hybrid community and multi-stakeholder consultations and trainings.

Although the emphasis turned more towards literacy and numeracy, the team continued to work on the broader capabilities programme. Training of Facilitators was completed in 46 villages. As the capabilities work has been a feature of Micaia’s programme for 3 years, it is interesting to note how it is evolving in different ways. In some villages the capabilities discussion sessions are now taken as moments where people come together and reflect over their day to day lives, how the choices that they make impact in their lives, and how they can come up with solutions to overcome some of the challenges that they face. It is also interesting to note that although Micaia has worked mostly with women on capabilities, men are gradually joining the discussions and have also started reflecting on their own changing roles.

The focus on literacy and numeracy began in 23 of the villages in which Baobab Products Mozambique Ltd (BPM) buys baobab. During introductory sessions many women wanted to read and write so as to improve the management of their income generating activities. Twenty-eight individuals volunteered to become adult literacy facilitators, and 350 women registered for adult literacy classes.

Working with the consultant, the team developed material for adult literacy lessons. This included undertaking community scoping to understand more about how words and numbers are and could be used in community life. During the scoping it was noted that women feel that they are excluded in most of the community activities because they don’t know how to read and write. Most of the younger generation that dropped out from school also wanted to have opportunities to practice their writing skills. During scoping the team also collected a lot of information of what the people would like to learn in terms of reading and writing – mostly related to health, farming, business issues and being able to help their children when doing their homework. Some would like to read what is written on the roadsides whether it’s to give them direction or alert them of any danger they encounter.

.

For the project component on value chains and local economic development, the main focus continued to be on the baobab value chain. Working closely with BPM, the project team helped coordinate with women Lead Collectors, arrange the training that is required for organic certification, and generally support the campaign. By the end of the campaign, BPM had bought baobab fruit from 1,311 women, paying 3 or 4 times the local informal

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Micaia Report of the Trustees For the year ended 31 December 2021

market price. The income from baobab is extremely important, often paying for new productive household assets such as livestock or a solar panel, enabling families to cover the costs of schooling for children, and improving diets and health. Other than in the harvest, Micaia’s support to the baobab collectors continued to focus on strengthening their Association and enabling the women to play active roles in the company’s field operation.

Research linkages

In 2021, Micaia further strengthened its connection with University of Sheffield and the University of Edinburgh, while maintaining long-term links with Royal Botanical Gardens at Kew. The Micaia UK Board sees a growing role for Micaia UK in linking the work in Mozambique with the academic community.

In the course of 2021, Micaia implemented a project, delayed by Covid-19, with the Sheffield Institute for International Development (SIID) and Micaia Foundation. The project, entitled Data, Accountability and Commercialisation. Working with NGO data to enhance downwards accountability in contexts of livelihood change is funded by the Global Challenges Research Fund. The project explored how NGO data may be used to strengthen accountability between NGOs and the communities they serve and consider how data collection can be adapted to respond to unforeseen changes that arise in the course of NGO-led development projects. A lead post-doc researcher spent several months in Mozambique, gathering data in communities through focus groups and one-onone interviews. Entering 2022, the final stage of the project was to provide feedback to communities and the Micaia networks, and to prepare a final shareable report.

In 2020-21 Micaia participated in another research project called Coping with Covid , a collaboration involving the Universities of Edinburgh and Sheffield in the UK, University of Eduardo Mondlane in Mozambique, and Micaia. The research sought to understand the various impacts of Covid on value chains such as baobab, local trade in general, and on family livelihoods and wellbeing, and to explore the extent to which traditional coping mechanisms and leadership in times of crisis had come into play or were being replaced by ‘modern’ sources of information and support. The findings and analysis generated by this project, including clear evidence that the more inclusive nature of the baobab value chain as supported by Micaia helped cushion people from the worst impact of the pandemic, has now been published including in World Development.

Fundraising

Micaia UK continues to be the most likely source of general or unrestricted funding for Micaia in Mozambique and for the last few years the Board has been exploring possible ways of expanding UK-based fundraising. The lack of staff capacity in UK has limited the practical possibilities. In 2021 there had been a plan to have the senior managers of Micaia spend more time in the UK to support meetings with potential donors, but due in great part to Covid restrictions this was not possible. Instead, greater attention was given to marketing and communications.

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Micaia Report of the Trustees For the year ended 31 December 2021

Financial review

Micaia received income of £202k in 2021 compared with £208k in 2020. The majority ($219k) was restricted funding from the family foundation grant. Micaia also received a small amount of interest income and donations.

Expenditure was £186k in 2021 versus £168k in 2020.

Micaia’s reserves at 31[st] December were almost entirely restricted, however further, modest unrestricted donations have been received in 2022 to build up the general fund again.

Plans for the future

Micaia will seek to expand its ability to support work in Mozambique and to share learning from that work with a wide network of practitioners and policymakers.

Micaia’s key objectives for 2022 are:

Statement of responsibilities of the trustees

The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity and the incoming resources and application of resources, including the net income and expenditure, of the charity for the year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of accounting errors, inappropriate use of funds, fraud and other irregularities.

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Micaia Report of the Trustees For the year ended 31 December 2021

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees as at 31 December 2021 was 7. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Public Benefit

The Trustees regularly review Micaia’s work to ensure that the charity continues to meet public benefit criteria. The Trustees are satisfied that Micaia delivers public benefit. Measures to verify this conviction include the continuing role of Micaia’s UK Director in directly supporting work in Mozambique and reporting quarterly to the Board, and the independent evaluations of projects that take place.

Auditors

Micaia UK does not yet need to have an audit. An Independent Examiner was appointed and conducted an examination of the 2021 Micaia UK accounts.

The Trustees also note that Micaia Foundation, our lead partner in Mozambique, has a full independent audit of its annual accounts. Similarly, the evaluation of specific projects incorporates financial review, and Micaia has been subject to due diligence processes by its key funders including Agence Française de Développement (AFD).

Approved by the trustees on 30/10/22 and signed on their behalf by

Dr Sandy Ochojna – Chair

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MICAIA UK MICAIA UK MICAIA UK Charity No 1120413 CC17a
Annual accounts for the period
Period start date 01/01/2021 To Period end date 31/12/2021
Section A Statement of financial activities
Recommended categories by activity
Details of own
analysis
Note
Incoming resources (Note 3)
Incoming resources from generated funds
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
Incoming resources from charitable activities
S04
Other incoming resources
S05
S06
Resources expended (Notes 4-8)
Costs of Generating Funds
Costs of generating voluntary income
S07
Fundraising trading costs
S08
Investment management costs
S09
Charitable activities
S10
Governance costs
S11
Other resources expended
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
Total resources expended
Total incoming resources
Total funds carried forward
Total funds brought forward
Net movement in funds
Net incoming/(outgoing) resources before transfers
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets for the charity’s own use
Other recognised gains/(losses)
Net incoming/(outgoing) resources before other recognised gains/(losses)
Gross transfers between funds		 Unrestricted funds
Restricted income funds
Endowment funds
Total this year
Total last year
£
£
£
£
£
F01
F02
F03
F04
F05
- -
1,892 199,802 - 201,695 207,965
- -
- -
- -
2 2 2
1,894 199,802 - 201,697 207,966
- -
768 3,970 4,737 3,244
8 3,168
-		 3,160
-		 7,631
- - -
- 183,258 183,258 156,300
1,000 1,000 1,000
- -
776 185,060 - 185,836 168,175
1,118 14,743 - 15,861 39,791
- - - - -
1,118 14,743 - 15,861 39,791
- - - - -
- - - - -
1,118 14,743 - 15,861 39,791
615
-		 66,867 - 66,252 26,460
503 81,609 - 82,113 66,252

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1

Section B Balance sheet
Fixed assets
Tangible assets (Note 9)
Investments (Note 10)
Total fixed assets
Current assets
Stock and work in progress
Debtors (Note 11)
(Short term) investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within one year
(Note 12)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after one year
(Note 12)
Provisions for liabilities and charges
Net assets
Funds of the Charity
Unrestricted funds
Restricted income funds (Note 13)
Endowment funds(Note 13)
Total funds
Signed by one or two trustees on behalf of all the trustees		 Note
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20		 Unrestricted funds
£
F01		 Restricted income
funds
£
F02		 Endowment funds
£
F03		 Total this year
Total last year
£
£
F04
F05
- -
- -
- -
- - - - -
-
- -
82,307 82,307 106,173
- -
503 92,071 92,574 80,234
503 174,378 - 174,881 186,407
- 92,768 92,768 78,735
503 81,609 - 82,113 107,672
503 81,609 - 82,113 107,672
- - 41,420
- - - - -
503 81,609 - 82,113 66,252
503 503 - 615
- -
81,609 81,609 66,867
- - -
503 81,609 - 82,113 66,252
0 0
-
Signature Print Name Date of approval
Laura Gilbert
30/10/2022

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Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

• and with* ✓ Accounting Standards;

or Financial Reporting Standards for Smaller Enterprises (FRSSE);

[** except for the following].

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

1.3 Changes to previous accounts

No changes have been made to accounts for previous years, except for the following.

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3

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources • the charity becomes entitled to the resources;
• the trustees are virtually certain they will receive the resources; and
• the monetary value can be measured with sufficient reliability.
Incoming resources with related Where incoming resources have related expenditure (as with fundraising or contract income) the
expenditure incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to
the resources.
Tax reclaims on donations and gifts Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which
they relate.
Contractual income and This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount
actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed
by the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
Donated services and facilities These are only included in incoming resources (with an equivalent amount in resources expended)
where the benefit to the charity is reasonably quantifiable, measurable and material_._The value
placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
Investment income This is included in the accounts when receivable.
Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing
investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity
to pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings
and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or
output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has
provided the specified service or output.
Grants payable without performance
These are only recognised in the accounts when a commitment has been made and there are no
conditions conditions to be met relating to the grant which remain in the control of the charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff
costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use by These are capitalised if they can be used for more than one year, and cost at least £500. They are
charity valued at cost or a reasonable value on receipt.
Investments Investments quoted on a recognised stock exchange are valued at market value at the year end.
Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress These are valued at the lower of cost or market value.
POLICIES ADOPTED
ADDITIONAL TO OR DIFFERENT
FROM THOSE ABOVE

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Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Activities for generating funds
Investment income
Incoming resources from
charitable activities
Other incoming resources
Voluntary income		 This year
Last year
£
£
Analysis		 This year
Last year
£
£
Analysis		 This year
Last year
£
£
Analysis
Project grants 194,298 206,541

General donations		 7,396 1,424
Other incoming resources - -
Total 201,695 207,965
-
-
-
-
-
Total - -
-
-
-
-
-
Total - -
-
-
-
-
-
Total - -
Bank Interest 2 2
-
-
-
-
Total 2 2

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Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Governance costs
Charitable activities
Fundraising trading costs
Investment management costs
Costs of generating voluntary
income		 This year
Last year
£
£
Analysis		 This year
Last year
£
£
Analysis		 This year
Last year
£
£
Analysis
TechnicalsupportviaEco-Micaia Consultant 3,000 3,000
Marketing materials 1,185 -
Travel
 153 -
Administration 71 -
Financial 328 244
Total 4,737 3,244
-
-
-
Accrued unrealised FX loss-unrestricted 8 - 27
Accrued unrealised FX gain-restricted -3,168 7,658

Total		 -3,160 7,631
- -
- -
Total - -
Grantmaking 123,993 92,585
Technical support via Eco-Micaia Consultant 10,176 10,176

Other consultant fees		 10,132
International travel 2,216
Other programme-related costs (DM + Spend) 46,874 43,407

Total		 183,258 156,300
Technical support via Eco-Micaia Consultant 1,000 1,000
Accrual for Cost of Independent Exam
 -

Costs of Moz. Trustee visit and UK travel expenses		 -

Total		 1,000 1,000

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Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

Support cost type Fundraising activity
£		 Charitable Activity
£		 Governance Activity
£		 Total Cost
£
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Total - - - -

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid

This year Last year
1 2
Other Consultant Fees as
per Note 4		 Other Consultant Fees as
per Note 4
£0 £10,132

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Independent examiner’s or auditors' fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor

This year
£		 Last year
£
None None
None None

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Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

Fundraising
Charitable Activities
Governance
Other
Total
Employer’s National Insurance costs
Pension costs
Total staff costs
The parts of the charity in which the
employees work
7.2 Average number of full-time equivalent employees in the year
Gross wages, salaries and benefits in kind		 Fundraising
Charitable Activities
Governance
Other
Total
Employer’s National Insurance costs
Pension costs
Total staff costs
The parts of the charity in which the
employees work
7.2 Average number of full-time equivalent employees in the year
Gross wages, salaries and benefits in kind		 This year
£		 Last year
£
- -
- -
- -
- -
nt employees in the year This year
Number		 Last year
Number
Fundraising - -
Charitable Activities - -
Governance - -
Other - -
**Total ** - -

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme

This year Last year
£ £
The costs of the scheme to the charity for the year - -
The amount of any contributions outstanding at the year end - -
The amount of any contributions prepaid at the year end - -

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Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

8.1 Total value of grants
Purpose for which grants made Grants to
institutions
Total amount £		 Grants to
individuals
Total amount £
Supportfor MICAIA Foundation work in Mozambique 123,993 -
- -
- -
- -
- -
- -
Total 123,993 -

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

Nil

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

institutions supported.
Names of institutions Purpose Total amount of
grants paid £
MICAIA Foundation Support for projects and programmes 123,993
-
-
-
-
-
-
-
-
-
Total grants to institutions 123,993

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Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

Freehold land
& buildings
Other land &
buildings
Plant,
machinery and
motor vehicles
Fixtures,
fittings and
equipment
Payments on
account and
assets under
construction
Total
£
£
£
£
£
£
Balance brought
forward
- - - - - -
Additions
- - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers
- - - - - -
Balance carried
forward
- - - - - -
Basis*
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
 Rate
Balance brought
forward
- - - - - -
Depreciation charge
for year
- - - - - -
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers
- - - - - -
Balance carried
forward
- - - - - -
Brought forward
- - - - - -
Carried forward
- - - - - -
9.3 Net book value
9.2 Accumulated depreciation and impairment provisions*		 Freehold land
& buildings
£		 Other land &
buildings
£		 Plant,
machinery and
motor vehicles
£
Fixtures,
fittings and
equipment
£		 Payments on
account and
assets under
construction
£		 Total
£
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

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Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

10.1 Fixed assets investments
Add/(deduct):net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
Add:additions to investments at cost
Less:disposals at carrying value		 £
-
-
-
-
-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Other investments
Total
Investment properties
Securities not listed on a recognised Stock Exchange
Cash held as part of the investment portfolio
Investments listed on a recognised stock exchange or held in common
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies
Analysis of investments		 10.2
Market value at
year end
£		 10.3
Income from
investments for
the year
£
- -
- -
26 -
- -
- -
- -
26 -

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held Market Value

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11

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Analysis of debtors
Trade debtors
Amounts due from subsidiary and associated
undertakings
Other debtors
Prepayments and accrued income
Total
Amounts falling due within one
year
Amounts falling due within one
year		 Amounts falling due after more
than one year		 Amounts falling due after more
than one year
This year
£		 Last year
£		 This year
£		 Last year
£
82,307 64,753 - 41,420
82,307 64,753 - 41,420

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors


Loans and overdrafts
Trade creditors
Amounts due to subsidiary and associated undertakings
Other creditors
Accruals and deferred income
Total		 Amounts falling due within one
year		 Amounts falling due within one
year		 Amounts falling due after more
than oneyear		 Amounts falling due after more
than oneyear
This year
£		 Last year
£		 This year
£		 Last year
£
41,846 45,913 - 41,420
50,922 29,195
- 3,628 - -
92,768 78,736 - 41,420

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

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12

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

• restricted income funds, including special trusts, of the charity (R). • restricted income funds, including special trusts, of the charity (R). • restricted income funds, including special trusts, of the charity (R).
Fund Name
Type PE, EE
or R
Purpose and Restrictions
General Fund UR
Gulbenkian Foundation R General support for MICAIA Foundation
Universityof Edinburgh R Sustainable Woodfuel Transitions
Universityof Sheffield R Conservation Challenges
Private Trust(Emergency) R Emergency response to IDAI
Private Trust R Natural Product Development - Moribane
Anonymous Fund 2 R Natural Product Development
Natural Capital Fund D Donation towards the Natural Capital Fund
IDAI UK D Donation towards IDAI appeal
Private Trust(Other) D Donation towards costs

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

Fund names Fund
balances
brought
forward
£		 Incoming
resources
£		 Outgoing
resources
£		 Transfers
£		 Gains and
losses
£
Fund
balances
carried
forward
£
General Fund - 615 1,894 - 768 - - 8 503
Anonymous Fund 2 - 5,000 - 5,000
Gulbenkian Foundation - - - - - -
Universityof Edinburgh - - - - - -
Universityof Sheffield - 3,485 36,320 - 14,564 - - 18,272
Private Trust(Emergency) 5,862 - - - 60 5,922
Private Trust 61,685 157,978 - 173,664 - 3,101 49,099
Natural Capital Fund 1,304 504 - - - 1,808
IDAI UK 807 - - - - 807
Private Trust(Other) 694 - - - 7 701
Total Funds 66,252 201,697 - 188,996 - 3,160 82,113

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

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13

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

Name of trustee or connected party Legal authority (eg order,
governing document)		 Amounts paid or benefit value Amounts paid or benefit value
This year
£		 Last year
£

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and
related parties
Due from trustees
and related parties		 Name of trustee or connected party Legal authority Amount owing Amount owing
This year
£		 Last year
£

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

material interest.
Name of the trustee
or related party		 Relationship to charity Description of the
transaction(s)		 This year
£		 Last year
£

CC17a (Excel)

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14

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

1) The small amount on Note 10 of £26 relates to the gift, in March 2017, of 11% of the shareholding of EcoMicaia, a subsidiary of the Mozambique Foundation. The shares were previously held by two of the founders of the Foundation, Milagre Nuvunga and Andrew Kingman. The amount represents 11% of MZN 20k, translated at the year-end FX rate into USD and then GBP. For the purposes of the accounts the Trustees have valued this gift at nill value.

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15

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of Ctr,ariti I54￿1-,,e MICAIA On accounts for the year ended 31112121 Charity no (If any) 1120413 Set out on pages 111 eiiiember to Inkniu e the page numbers of addrtional sheets) I report to the trustees on my examination of the accounts of the above charity ('the Trusf) for the year ended 31112r2021. Responsibilities and basls of report As the charity's trustees, you are responsible for the preparats'on of the accounts in accordan￿ with the requirements of the Charitses Act 2011 ("the Acf). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent The chanty's gross income did not exceed £250,000. l am qualified to examinerfs statsment undertake the examination by being a qualified FCA. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities,Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. . Please delete the wonls in the brackets if they do not apply. Signed: Dats: 2911012022 Name: Lindsay James Johnston Relevant professlonal qualiflcatlo'n(s) or body (If any): Fellow of the Institute of Chartered Accountants in England and Wales (Retired) IER Oct 2018

orfl 110 noiAddresa: ,St Ann'.s, 5 wexfo￿ Road.. London, SW12 8NH Section B Disclosure Only complete if the examiner needs to highlight material matters of Goo￿￿r,, (see CC32, Independent examination of charity accounts: directions and 01, I,guidance for examiners). I"K)£r', Give here brief details of any items that the examiner wishes to disclose. -J6 --,fL: IK) clli UJ-.' (4 no Jiao Sq? -lJ 'i(ii ( 16!Ji i Lnl- ) IJ31F¢, 9111 '0 -101; i()t fyl.ryi<.:"IiJq?91 9IG ( l.J ?.l."iorn8:: J 14)"18rtJ r;11s'4 - j.qtsb"i.-.I:)r. rii 2tfli J,l.?36 hc:93-, Ic) èi2f.d JK IntiOJJEi _ .ri ThlJF(. Xg Vl"2i luc r,Oil?:rr.,Yi,JJ Yliicd.) 9,":1 I, J.=..J IT ￿¢1. to n,JiJE>,g111"!fiy 3 17? io t)91a9) ni hL)f 19.1 bA t roc e)rly Ic ?,': rii)i•ia& i¥!br:L. 574VI[) gri(.Il:. Jg-; -.WOl:CIT 9LItc• .13.a L•r'.I IG lo i(P)2>r 1101 JSC a."ri.j ci b9iTilsiJp r-,.6 I (-', ?£3 b99Jy.3 $1!ri b.'b emo)Dt 2GOIEJ d Illjiftrli s11T tnsbnryqvbnl 4 b:'IlflEaP 6 o:I,sJ 4J f"iJtJt,knfllillFXg grlj #h6.fjlC4b,-Ib tngrrie•4ya a'irorim.- 9￿b:12)gI•SIf. IE, igtrJiTI ,,)' Irgflf n6nJ 19i11nl ,nuitGf, 4£,dl iTI -iilriOJ I nciYtr>lliifl&>X-3 yrp, bc,Sgiqfqi?J 3IIRrl I bxs q:AJ Iljivi n,uiJ"J9fifi,CLTh ni nLi Io411G ym ul .., '¥118d 03 94•i)￿ )Im J IG. r4.')1'i itry {' vrfo19d b￿d￿j,j?1L', +t .JgG rliik¥ QJÈ-IEt)-: u£ rii tqa y, to I (J19￿. ff O"; Jsir )E qrll JJA e31Ji,til ) 9fi+ io iJO?Jts A,It rlilw. L:',OryJG IG'I, ￿,0 ?I,-,,Jiki:)k> pq! ,t f411￿, v.Iiim,.Jl iJr' JID 2liiiir)-.s •riJ iJi Q):.}FJ I,) In91P.c. I hi':B f., 3COs - IlQItS UP9>7 , 2fir,: [K'9j., 1;r,: p31 .i-l Yi?&" r:E,f4; 1gt.'6fn 6 3Ll1l a! dJii .no;tGf, .3ic gr'i !Ei il .. li,2nL'.: ) ni ?1LJ116f'. l 113fj:: nrfaL