THE AMECA TRUST Registered Charity No. 1121240 TRLISTI:ES ANNUAL RF.PORT AND Fif4.4PiCIAL STA TEMETrqTS 'UK'I'HI' Yb.Ak &:%l)F.D 30 5Tr.VI'Tr.MIIF.R 21125 Bullimorcs LLP ()Id Printers Yard 156 Sth 5tTCCt Dorking se). RJ14 2HF
THE AMECA TRUST Registered Charity No. 1121240 CONTENTS nF"fHF. FI%ATr*CIAL STATEMTr.NTS FOR TIIL YF.AR EliDEDJOSEPTEMBLK 2015 Report ofthe Trustees Independent ExamincT'S Rq)ort 16 Siatemenl of Financial A¢iiviii¥S 17 ilalance 1110 19 Noics to thl FinunLvdl Siafrmertls 201027 Derailed Stsi¢m¢ni of Financial Activitics 28 1(Tr 29
TIIE.4MEC.4 TRL'5T
REPORT OF THE. TRI'STF.F.S
FC)R TIITr'. )'E"AR F.IDF.I) AO SLI)TIMBFR 2024
ThL' IrustL'LS wlii) dr¢ alfio dir¢LIOT% ol-IhL charity for the puws Ot-lhe Cnmpaniefi A¢1 ?IM)6, prcsent rhcir
repon wilh Ihc financial qiaicn'.inis ot.lhc charity for the %'ew Lmded _i0 8epiember ?0?5. lThe triJ51¢eN have
dL)PlLd the provisions of ALLiiuniinL RetM)nini)
bs" Ch3ri(ies' Siaienier.i of Rec(xnni¢nd¢d Pra¢iiLe
appliLable io chariiies prtparing ih¢iT ai¢OILf.1s In accordancc with Iht Financial Repurtin¥ Siandard
applicahle in ihe l.'K dnd Rtpublic ot- Irtlaiicl I l.RS 1112 J l¢tl¢ctiN¢ l JaJ)uaTr 211 IYI
.4BOUT AMEC.4
Ihe AMI.'CA .1 Tusi I. 4MF.('A' I was tounded in Dcccmbcr 2U06 b). Kuih markus. in mcinurv Of hcr only
child. I l. Al¢x C.()uise105. AILX a neivl). qu4lifi¢d dts¢lur iii t]ie Britisli AriD), an offiLer in Ihe Rovdl
Arni}' 1¥141 Lorps dnd a recipitni of his paraETOUPir wings
Illix dicd oil 15 Ociobcr !1&. 23.
AMF.('A ig rcgi51Lre(145 a Lharili in rhe L.'K. Rcg. Charitv No. I l•1 ?40 and Regimcrcd Compan). No.
06344L}? I Ifngland and 14 31¥51. .oNirc4 is 4Llsu inL()rpur41ed ID Mol4i1) Nvl lur PTI)ljl ('.¢iiiipaiiJ.
.iniiiLd bv CJuJrJiil¥¥. .4MF.C'A IS iI>IiiTI)Iled bv 11.% s1[)ILllllllk durnlnt. d dted o( InJ%l. aiid 1.4 inLI)rparai¥d
ds a iortiwnv Iimiied bv bUdf41nlec. undLr Ih¥ ('i)mpanie5 Aci 1985. (lur re8isicrcd otTi¢¢ i% ai 48 Il'oodlands
Road, Ip%om. Surre>. kT18 711P.
taops
leieffl¥
Chaliman
Rulh Ma(kuS
ICEOI
paulTh)mas
AShaW
Fieedbeii
Ve re
THE ..IMECA TRLST
RF.PI)K'J' nb I"HF. TRLISTEES
FOR THE I'EAR F.NDED 30 SF.vfF.ftrlBER ?0?•
()UR PATRQ.
f+12jor L¢vi4o)n Il'ood
A clobe utii%ersJtY and British .4mi)' fri¢nd of Alex. ITh whose name Ihc chartti. w&% f()unded. Maji)r l.ei i%thn
Wond is a wr1f
'rHE .4NIF.CA TJiliST REPORT OF THE TRLSTEES FOR THL I'F.4R Tr.NI)F-.I) JII %F.Yl FhlllF.M 202$ RISK.%IANAGEIIF.NT A¥tl.'Lrl toniinuis ro idenrifv and rcviem" the Trsks 10 which the charirn. is expos on d L&%e-bJ-L&se basis nd has Put appropriate contT()Is in place io PTovidL reasonable assurance ag)ainst frdud error. 11 L recog7nis¢ thdl workinlp in AlriLan Lountries is nor w'irhnui ri>k. iM)ih tor oursel¥e5 dnd lor Ihe %iiideiii and healthcare prn.'¢ssj(Indls V•ho i'1511 I1alawi. i.5111n pr()1'14si<)nal% and %liidenis are gii'tn guidance in rcRpLci lif ITJvel and niliLr iliallenocs in Nlalawi and M'e %irii¢ 10 cnsurc Ihai all %iSllOT5 undLriakin¥ ¢haritdblL a¢ti%'iiies in Ilalal ari pfL)I'idL'd i%iih as mthLh supwn as wssible. Iwhi151 re¥o¥nisinv thdi Indii'idudls Ifdvel l Lhcir ui%n r15k A%l1..C'A wi)rk% iu lSUre t1¢ dll vi5110rs are briel-ed on the options i¢garding sate and secLire accomniodaii()n un (hi ground in lalal-l. 01.R Il'nRK IN MAI.AWI AISI.'C'A'5 ALiiviiies 4ve LufT¢nilTr bd%L'd In Mtsla¥%i whcrc Illl paucity of acLL%%ihlc care in rural arcas of Malawi. iog¥iher wilh th¢ rtquircment foT ller irnining for hcal¢hcarc prof¢$sional and Ihe IdLk LTrl' affordabilits. of uniersitl 4Lnd colligi fet%. wlli'.%iill pr¢s¢nii 0 SLIiUU5 ¢liallLiik¥ for %ii iiiwi>'. We l1¢Y¥ n mortalic). and Teduce thi pf¢%NILr¢ 011 oi'er%iTcichcd Icnian hn%pii&l4. AMIC A orS with local Leniral l)Lpamneni% of IILalih. dtlil'ering iniiiaiive% Ihdl dre ewidt'nL¢ b&%¢d. itLliJ¢vablk arid susldll)able. AMECA'S obj¢LiiV¢S fnr the )'e4r included- l.iui%inM? with Ell1[11}ri l )1sifiLI I Icalih (')trlice in lup7r110 th¢ AMF.CA IILalih C'¢nirL anLI Nlaicrnity ,'nii ai fhilaivlni w ith admtnistsaiion Tcwurccs and clini¢al cquipm¥ni a% and HhcTh dLLrnLd apprvpriilll, ('i)niiiiuing io updalc grartl hLnder4 W'ith repffls in aLcordatb¢e 11 granT agrc¢m¢nts und appl>ingT IU grant tund¢ri fiTrr fundinsi rcquired. ainiaining sijpport for %iudLnis Tcceiving Lh(&bIl >wns(Wship ensuriiikTr thdi AfvlbCA riLciv¢s rtviifiL41111)rt iJfL'¥JliSiI)ation rLsul¢s. 5tudLnt pro&yres5 1(i¥beilier willi an> chdllenges ihai ma}. ariqe. I.'XPiiiidin¥ Ilitt IlUlTibL'r ol. %luduit swnsoiship pla¢¢methii. subjL'LI lo allurddbilirv. F.'sliibli>hiTi¥ liJi%iiii willi luiith.rs ol. >LhOl¥hIps I denidl %iudeni% undertakiiigy rht Bachelor in l)tnial Sur¥L'ry ai KlJl les dnd adininistering Ihew scholdr8hips. .ndLrtak¢nK il fLlrther Mi Cmor2nduM ()r A¥rccrneni with Ihc C'.anadi,ID Nqedical Foundation, fi)r %iudeiii &rybnsorship5. Mainiilining 5ijprt Ii)r thL' Ph)sioihLTap} f.linic at th¢ .4fvir.('A Hcalih LcntT¢. ,ndcnaking cxlcnsib-e rL'lli?Villi(In8 ai Cliiliiriinni Healih Ccnirc for th¢ Materniij. Ouipaiienls, Phvsiothcrapi and l)enial depannienis. RciioNating thc Ph) s11)Ih¥rap¥ Depi di Zin¥angWa Il¢alih C¢ntre. ANITr'.C'A Hb'.Al,'IIII'AIIF. .4Tr-MIC'A I.IMITF.D AMF.LA Ilealthcarc Atrica Limi¢cd I',IIIECA HvdlihcarL I IIILOTporaled Iii ?Ul I In Maldiii d Not ror Prulii C umpdT))'. l.iiiiiied b). CIWdtilCC. Ruih Nlarkiis dnd Paul'lThoTnai hi)Id p()%iiions as lknard DiTCCIOT5 Thc Board Chdirrnan li Kri%hna %avjani C)Bl.- who 15 a qualificd lamser dnd Ihv I l(Ini>rarv Elriiish C'.on.%iil In M£lltiw'i. Rccna Pur%h(Jium. a corrrf)ral¢ lawv¢r. dnd (")rpa Barlucehi. an eYpiricnc¢d busill¢b5womdn. joined Ihc Hiiard fil l)IrL'ctors in ?0!4. AMECA Hialihcare conlipu¢% tv hi)Id a mDdcst amount nf filnds in a 5aking5 acrount with Thc Naiional 1Sank of MalLlWI. An a"¢[aV of I111.O(K> ts nor.nall%' held in Mala1." fundi ire trJn>fLlfLd as and wlicn any pa>rn¢nLfi aT¢ f¢qui¥Ld. Any funds raised ID %1alawi remdiii iji Ildlam'i fur ANIFCA ti lrtiiidiiN'es.
"rHE.4MEI.-.4 TRIIST Tr".IY)K"I (IF TIITr. I RI.4TF.F. FOR THE I'E.4R INDLD30 SEPTb.IIBFR 202* 'I'HTr. .4MECA HEALTH CF.NTRF. IY CHILAII"FNI ?nl-J and hai)d¢d ui'er IL)Tlte Blann're r)istTILI H¢a'.Ili I)]Le. whiLh 51aff 1n.d MOL InrLiini Iht. clinic. ANII ('.4 hJs no ongoing ri%P(pnsibilJli' l(Ir ihe ruiTrning i)f the clinic. bui we are ti¥ari of the trinancial cor.%lrdinis '.hai pii'kail and %iiPPDYr oenuir.L ehallLntsC% Miihin Iht liiniis (If iffi)rddbilir%'. 5Lr¥inL a CalLIIiiiLtii pupulaiion of i8.(M)O wopli. Ihe (acilily UPLTrnded Iriitn d Pritlldl aiiendLd. Ihe l)hanr.acTr is norni.Ill) Mill siock¢d hui i.s %uhJLxi 10 Ihe naiianTri I sliurtdges ol-sumL' dri1¥ ,IMI..('kl ii)Iiiinu¢% lu fuiid Ili¢ traii%tM)rt for d ph%siLTrihLrap'.s1 its rLll a iv¢¢kl) cliniL ai ihL hL&ilih ientrc dnd L>f Ihcir care. Ihc lid% appLiiranLe IhL facilirn and Ihi I'ery- pl¥a%tsni. '.Jncts¢apcd garden%. I hc niaicniii h.'I%L 'Ln well iipheld. and rht %laimn in C'haTgL cciniinues 10 prolde AMLCA M Iih m¢tlimity' dala dnd updiltt%.
.1 11 F. IIIF.C-.I TRI s"r
REPORT OF TIIE TRLI%TF.I-_S
'OH TIIF. ) F".411 Tr..NI)F".l) Jll %k'.l) I'Tr_Illlfr".R ?02
rlEDICAI. IINI) CI.INIC.4L OFFICER SC-01..IRNIIII>4
kl¥ll..Cil bi11cves Iliai cduraiion sh(>uld IK a rtghi and noi a pri%ilcg¥. l-hcr¥ arc currenilv ?.064 di)Cliirs
ror an c%iiniaicd populaiion ¢)f ?O.J(K).(KKI in Malai%i Isource. Ll Y). h1¢h equak5 fo ()Und I docivr for
evtT) l O.Oi)O [pIe.
I IIL Increl%L In acadcmic fecs for iertian. %iudents presenis in%urniouniablL' challcnvey fur 50 m&n.' wliai
loans Lxisi. le%% rLpjvrn¢n undlTordtsblL 10 111051. res11.IIIILi in liar£l Iiip. Jii.xieik. dnd %irt)s All1.'C-A
healihcai¢ %isl¢iii. tnurloicr. ir 1% lilc changing l(Ir IhL siudcni Funhermorc. M'c ria117£d thai Ir 15 nill Cll(iuiph
In SiTnplN i.yeir aCLidcinic leci. a5 in Tno%'. LJ%Is. %iiidL'nl% ar¢ unable TLI dllLird Ihiir rini. fo(Id dnd iiil¢rii¢i
buiidles. .IMLL'A Ilbirifi¢ %upp¢)ri siyd¢niy M'ih a IdVIOP dnd a nioiiihl). hubsisienL¢ PdLkd"
Scholarship Placement5 2024-25 Indicating number of students perdisipline.
Tota142 SluaEnis
IPyinl'eDS'
9 121v.)
A full list of CuCnI %holar5hip students, gTaduaLe5 and ihcir rcpon5 can iK' vi¢w¢J aL
Diirillg th¢ 1<751
I"HE AIIF.C-A TRUST REPORT OF THE TRLSTEES F'OR TIIF tr F_-4R 311 SEPTEMBER 21)25 'Ii oIouTSl¥dETrtsO1'Lkni1¥Tr IIJDS) lh¢ ('Jnli diTh NILdical Foundarim coniinucd ill touy mcdical STud¢nL% for ihe acadLmiL >ear 2014. 25, bui sadl} vnL i)fihL>L Students failed io pa%% ih¢ir e%dminalivns •Jnd wiihdraw'n fTLITn his LoufsL. Duc Iv the ch%illingin¥ nitluT¢ of Ihc l.owidaiion ).e for siudenL%. 4 decision taken iiol IU Sponiof sludeiiL% ITI I.i)Linddiion YL'tir and i)nlv con%idw fvftirc srholarship placLtnenis frvm YLar l Th¢ Tati(Iniilv flir ihis dtcision 1$ Ihai WL WLYL, findin¥ pwe0cIalltsn l*Neen rhc K1i1141111 Seci)ndilr¥ khoiil rcgiilis And Ihc abilits. r&vmL studcnls 10 COFY Wlth the rigorous science 5ubj¢¢TS ihai undcry)in Ihe foundaiithn )'ear.
TIIF. .4N1F.C'.4 TRLST REPOR"r OF TIIF_ TRL'STFFS ()k fiiF. I r.AR F.YI)F D Jn STr'.1"I"Tr.IIIIER 2112 'l iniirJiIidteli' proud ul-,lubres tr-iloinaD. iihn receii'L'd hi% BachLlor olSurbTrery. ]3aclielorof Medicine, I16Bl dL'bret Ma) I" l.ili, as he i¥ known io AMICA. is Ihe chanty'5 tirsi graduaiL do¢i()r. IIXIEL',I 18 1115(1 i'¢Th pri)Iid i)f AiTrl)¥s£ l-oswa. IpiciuiLxI abui¢ with kilil. who aduated %4 ith Ilacliclvi 151 Cla55 1 IvnL)ur.s ITr Kl¥diidl LabwaloTh' Siienr¢%. .4ui¢si %l-ds iini u1- Iiiir lirsl sl'livldrship siii(1¢1i1s, wli(Tr ionlacLed for 5uppuri iilltr lier It Vijeen Llizdhvih (.'eniral 11(kspiial. 1Slanh-re and A,.nc%% is appli ir.Tr for lots-.
TH&'.4NIF.C-.4 TRI.%T
KF.J'()R"I ()F" THE TRI"STEES
F'QR'I"H&-. YE 4R &-h"l)F_l) Jll.%Tr-.I'1 fr"11 B Tr'.R 2(b?
UI'C: R.,IDING F.4( ILITIES AT CIIILO.IIOYI IIEALTH CENTRE..
ot BlantNrL Disirivt 11¢41ih Offli¢. Th¢ r¢nus'aliun.% unJ¢lldk¢n bi ..IIIEC.4 l¥ire Si
TIIF Illll-.C,I TRII%T RE.PORT OF THF. TRI STF.F- F'()R THfr' I F.'.4R F.N I)Tr.D JII STr"PTf.M iir.K 7112$ rii ,.d I mcritiis Profcsior JcTL'mi' Hl., IFLirnicr H.'ad ol-Thi UThiNLf5115 of ti145, MeLlinEts bLl¥lCLlI .-IKII.(',4_ JLrixni- lJclLr Chimimba. INlali1I¥i Lcad tor rhc fvlalDcni Priiii'iil. Tid l)r
I HL .4IILC.".4"J"KI15T
Rb'.IY)RI' ()F TIIF. TRli% I'Tr'fr.S
FOR TIIE I'F_AR F.NDLDJO SLPTEhlBLR 1025
As 5cLn in thL abovL' phoios. rh¢ ncw. f111 encornpa%sL's d pdediatrtc And an adult surgerv. a
d¢iunlJilliridlii)n riM>ni dnd d Ll)mprL's%or rwm. A riL4lli {in¢ will enable .4MF.L-A to purchtssc a rdngpL (If
instruTTiinlS, a CvTIIPYL5bor. X-Rd% equipiiieni. dn ulird5WliL bdih. dn aLIoLlJie ajiij a Curiiii.
F.quipm
THE A%IF.1-.4 TKI.'.ST
REPORT OF TIIF. TRIISI F.fr"..S
F'OR THE I LAR F.NDTr'D 311 %LV'I"fr."fvIII&:K ryU2S
IIP(.RAI)I%'(.' J>HI'%J()TIITr.'RAPI' .4T 7.INI.'I% A Tr4('W A IITr'AL I'II CENTRF.:
.IIlqF.('.4 N li114LI PTOj¥It ufihe findllLldl i M'a5 10 conven ¢1 dark. crwnp¢d dnd ¥iliTr(>ni! niiiin with virtiially
no L4uipmcrtl intts d bri¥hi and Mill-lquipped n¢w ph%-siothcr3pN clinlL ai /.In8wangw%i I le
"I'HL.4MF.C.4 TRUST RF.V()RI' C)F THL-I'RI.'%TF.F. FOR TIIF. YE.4R ENDED30 SEPTEMBF.R 2025 Regular l)onations Thi charity's rigular Income siands 4)proximaicl% £22.0Th) pcr annum via various charitable giving pldilonns and regulilf Sl4indinu Ldri. enablin trai.el io Mala] maiDtaipiDU safc acc(4nmDdarion which also I'unriion.i an olTice, pemiining us io carry OUL the ihatjly Lhdriiabl¢ ubie¥iiV¢5 iii Mdldwi. Online DonaiitJn¥ ANILC A rLiLIN'L' un line d¢)nl[S through or via direci eonrributiM.% i() ourbank dLLI)unl. Cvran15 and other Donaiinns in the l'ear: F.Tach &. Roshdn Sddri Foundaiiott.. Riilar> ('lub i)r Fpsorn.. F(¥undation lagle.. Blendsnle Donaiion Griiiies Lid £4.(Ml) £1.250 £? I.¢J¢N> £7(K> £¥.150 AMF'C'A ?L cknow Icdge N'ith gratitudc. lundint ITiirn rhe grani 8iverq and froin indii'iduals. H'ho ¢nJbl¢LI mucli of IhE charity's work 10 coniinuL 11 ¢ %li14111.1 i ckn(IM Icd¥e Ihe grani trrmn FoundaiJDn laglc. M'hich Lndbled rhe purchase ofdental eguipjneni f¢N lh¢ r)¢M 4J¢niiil 5UTgery Chilomoni Ilealih LentrL'. ANqf.l-.A give% a .%PLciAI niLnli(In 10 Roiarj. I"lul) of Lpwrii and rth %1 M¢lrtlll 4 (?1'"I (MITS iiI F.p50ni. lor IliLiT viig?oinb? SUPWft (Ind fundinb. Il'¢ arl rnDsi grateful 10 havL giicn th¢ opportunitv io undcrTake iiresciiiaiiii[i% lo Ru141fi' IllLIiiTrk'r> iiiid Iv Si Manin ) ionbrLkldiion. A pr4>Llliaiivn 4l>v ¥ii'eTI 10 the C-hurch Thl. CJood %h¢pherd. in Larshalion. Suney. AMELA is ¥Lr%' 10 rLP(vl IhL. dldih cil'JLrLYny Shon. who gave a ¥cry significani amouni ol'fundin8 nvcr l.ie ¢&r5 via Chatili¢> klid l LTrundaiion. ICAFI. AMLCA wishes In eYlL'nd a hcartfcli dem nf graiiliJdL' iii lh¢ Tnany in4Jii'idiiiil4, who have made dunaiions ia Ihl Lharl and wh() ¢)ft¢n &tive Iheir time so gen¢rousl}-. I'h¢ dbilil> 10 Und41ke miini. of Ihe medical and dll th¢ d¢nial %¢lK)larship5 hafi becn madc pos%ible hv in changing th¢ liv¢s nf ih¢s¢ Siudenis bv making ih¢ir siudies possible Is ¥reaily appr¥Liai¢d. In Idniidfv iit'ihis yC4lT. IlNIF.C.A i¢)mniis5ioned RIMnulcd N$3ne in M&lawi. 10 re-build and urylarc ANqI.'('A's w¢bsii¢. 'Ih¢ ihdTiIy 15 pl¢asLJ Iih IliL wehite 1 ktrfdleful lil Kiimulid. tiir his i er) LLiillpLlili% e priLin¥. .4MF.Q A pa.1 a ILlailler lo Romuled. to assisi wilh the moT¢ ih%ill¢nLin¥ aliLrations lo thc WLbsile, N¢w51elttr 'he iharih's n¢M'%l¢lter i(Miliiiii¢s lo riicibe a ¥%-Ldlili vf pii%itive feedtrdik from our rLadLrs. all ncwsletters ar¢ ai'ailable lo vi•% at. h Jlam
THF. AIIF.C..4 TRI'.ST
REPORTUTr-THL-I"RII4TF.F.S
Tr'C)R THF. YTr_.4R E%DF.D 311 SEPTEMBLR ?0?4
FIN,INC"IAL KEI'JTr-N¥
Ftnancial position
The iotsl nti deficii for Ihe Year £46.?071?V?4 Sijrplus L46,7YIII arid al that daic.4MCLA had re.%crve
nf £XI,743IYII )4 I13U.UO(I.I
PriThLIPAI fundin% souri
IL cliarii} conriniiLd ilb raise from i'olunrarv darionS and its fundrai5in8 aciiviiic5.
InVe%¢ent p(Jlic
The truste¥% 4im io rnaNimi$e the remrn on its fund% wilh minimum risk and apprDprio1¢ aeccss 10 Ih(J%e fund5.
Reser%es polici.
In th¢ opiIJiun of the irusiees Iht Chi1). shvulJ aim 10 Ina.'niain a nei ciirrtnl asset balJnLe unti4iriLied
tiind5 siilliiienl Ii) ii)nlinuc io %iJprrf)rt all CiiAiiThg commiimenis (( ihc duraiion thf the commiIm¢ni and to
PTovidc bur5dfJ iiwar¢l¥ ai the dis¢r¢iion of ihe trusiees. The re5erv¢s are ¢urr¢nil> in ¢x¢¢?> of ihis 8mouni.
lJ()inA I'onttrn
The mjsiccs have n(Il idL'niificd anv significant maicrial unccnainiv whieh would ¢&51 doubi aboui the iibility
uf Ihe Lhuriiv li) coniinue a5 it ivr)Lern subJ¢il Ii) Ihe iuriijiiuiny. rLLLiPI ofi¢gular donaiioiib and gbraiils
and, dJaptingT i15 aciivilics lor ¥ny changes to fiJndin8.
Tr-U'I'URL Pl.AS1 5
l)IiriliX Ilie I'tTrrthrniiiing )c3r. A.XqIC-A intcn¢ls i(} rnainuin SDPPOfT for Ihe ilMEC'A Hc31h C LntrL' and
MJiLrnii}' Ilnii at C.hilaMeni. M iih r¢awn
THE AIIF.CA TRUSI" REPQRT OFTHF. TKI,"STF.F.S FC)R THF YFAR ENDFD SEPTEMIIF.112028 REFF'.RI.'Nl'.k AP*D ADlif115TR.4T1.E I)Tr-.TAIIS Registered Cth]npanv Nurnber 06i54971 (England and Il'alcs Registered Charii) %umbtr ReRisier¢d Offl¢¢ 48 Ill01[and$ Road Surre>, k1187HP Trusieei Benie Ruth Mark8 CF.n LiTrtTdlti¢ Fr¢¥'[g P41111 Kixltrick Spensliv Thoma5 C lini¢al D1clor JereinTr Ilagg C.haiTrnan Anthon) J()hn GTansdcn Red$haw .ItiabLilI M4rbpiir¢l.Mdr) BuilLr C-nmpxn> .S¢cr¢iar>' Jetli¢ Rutli Marki1% Indtptndeni F.Mamini'r Bullirni)res 1.l.P ()Id Priiiier% Yard 156 %(iuth 8tre l)orking R114 2Hr Website
THF..4MEC.4 TRI'ST RF.PORT nFTHE TRI.'.STF.ES TIIF. I'F.AR F.YDFD JO SF.PTF.IIIIF.R 21125 STATF.MTr-.NT OFTKU4TF.F,%' RTr-SIY)NSIBILJ'fiL% .1 lie Irusiees {hu dre also thr direilLVS vf"Ih¢ ANIEC'A I rusi for Ihc purposes oriunjpart Idwl dr¢ respon51bli lor Preparing ihi ReFK>n of rhe Irusiees and Ihe financial siaremenrs in accordance Hiih applicablc lam. and ljnilid KinLTdoTn Accounting siJndard> ILniT¢d Kingdotn liencrally .4LcLpled ALLLiunling PraitiL¢l iTILIuLlinb FiiiaD¢ial R¢p¢mirtg Siandard 10? "The Finartlial Reptsnliig Sian(lard appli¥able th¢ Uk and R¥piJblic ot Iriland" Companv lam. requires ihL trustees 10 prepare financial 51aiemen15 for each financial sear. Lndtr that Idw. Ihe rrusiee4 hav¢ elected Ic) prepar¢ lh¢ linancial sraieJneni4 in accurdance Mith lJniied Kingd<)m (Ivnerdlly ALcept¥d ALI(IlJDlJng PraLIiLL {L.niicd Kingdi)m A¢cc)unling %iJnd£wd% dnd dppliLatic)n lawl- L.'iider kL)TriPati Idw Ihe rrusieets must noi dppfvv¢ Ihe fli1LIlI si#idn¢n15 unless Ihey dre sali51i¢d Ihal tIILI bJivL a IruL aiid lair viem. of the siaie of affairs ot IhL charitable coinpany alid of IliL Iiicoiiiiiig resourccs and applicaiion ot. resourcc%. Including ihc inc(Imc and exrnd1[uTc. ()f ihe chariiablL Lumpany foT Ihui peri. In prgpdring IhiJ%e financial %iat¢m¢nl%. lh¢ (ru%it¢% ure required to s¢I¢ci su11able aecouniing policie.% and ihen appli. Ihcm consisienil>': obseTrc ilie rneihods and principleN in rhe fhJriii' %OKP.. rndke jud¥eTneni4 and e%lim4tie) Ihai are r¢&sonabl¢ and PTudent: pr¢piir¢ Ilie Iin¢lllllitl slcii¢ni¥ni% ihL ¥Vn¢Lm Lwsis un1¢55 li is inappri)prialL Iu prelume Ihal Ihe charitable ¢omikthK i%ill i()niinuc In business. The Iru%l¢¢% lire r¢%tx)n%lbl¢ l¢)r k¢epiny pryw¢r d¢iviiniirb¥ i¢iorJ$ whltli dI%C)%¢ wllli reil.4L)nable ccura¢) ai anj rinie the linancial wition nl-lhe chariiable £ompany and 10 tnable ihcm 10 ensurt Thai thL' tinancial stLliem¢nts compl%. wilh rhL Lompanies Aci ?O(K>. IhLv Jre d] Tespun5iblL, for %afeMIudrdtllb the as%eL% i)f Ilie chariiable conipaii). dnd hence fL)r iakiii&Tr reas17nable %l¢l)% flir Llie prLv¢niivn and JLl¢iiii>n of fraud and oihcr irre£ularitie$. This rcpon has en PT¢paTcd in a¢¢ordanc¢ "ith the special provisions of Parc 15 of thc Companies Aci ?006 r¥ld¢in¥ lu smdll rumpartl¥%. Approv¢d by order of the Ix)ard of trUee5 on .... Sied on it5 haIr by.. B¢tti¢ Ruth Markus - Ini>l¢¢
INDEPENDE.Yt EXAMINER'S REPORT TO THE TRLSTEES OF
THF .4fv1b_c'.i"fRII.ST
FOR I'HF YF_AIi fr.'%D&-D 30 %EPTF.MBLK 21125
Independent examiner's repori to tht trusiees ofTht Ame¢a Trusi I'ihe Companv'l
l T
THF AMECA TRI,'ST ST.4TE_ME%T OF FI.NAYCJ.41. AIYII'ITIE IIYCORPORATINC. INCC)MF. F.XPTr".Nl)I'ri.R ". AC-C-(JIIN'I"I FOR THE I"EAR EYDED 30 SEPTEIIBER 2024 Period 1.9.23 Year Ended 30.9.25 io 30.9.24 Total funds Unresiricied fund Restricted funds fund4 Don411ion5 48,103 26.166 74.26 10.752 Cbarliable artiiliiey I)ri)visi o( mLdJcal iducalion and facilitie 211.8$3 -3?,fl47 556 556 Other ITading acti111¢$ Invcstmcnl intome 870 870 969 Tui¥l 49.5?9 55.019 104.548 1_50.118 EXPF.Yt)ITI,'RF. ON Rdisin&T funds 1.658 1,6511 1.976 l-haritable actililie% Pri i4ithn tsl'miili¢Jl ¢diJc31iThn and laciliiies Donation% Oih¢r aLt1111¢S 21.733 66.590 5.755 24,499 30.520 46.232 97,110 56.348 A.Y17 1.80 7SS 101.16 NF.T JYC'U1F.1(&.'XP.yD1'I'lIRE) 146.?071 146,2071 46.970 KTr'.C'QNC.'ILIA"I'I(TrN I)F' FI'ND Total funds brought fornb'ard 130.0(K) 130.(KJ) 83.030 'i'o'rAI. b'llYV)% C'ARRIF.I) FORWARD 83.?93 X3,793 130.000 Thc noics fom pan of tTr.e5e financia] statements
TTrIF. 4MTr-.C-.4 TRIIST BAL4N4CE SHEET 311 5FPT.1RER 2024 30.9.25 TOLII lunds 3119.24 Total funds Lnr¢SthCd tiind Resrricied rundb" Noies FIXEI) ASSb'.I'S -l-angtibli 10 15.8?1 24,(>6Y ebtors Ch ai bank 10.977 60,918 111.1)77 6U.918 107,440 71.895 116.595 CREDITORS Aniiiuiiii fdlliiiKTr diie wiihin trear 12 13.9?3 110.6641 ND'I. C'I,'RR Tr'.N'I' ASSET 67.972 105 931 I'C)TAL A%%KI'S LF.SS CLIRRF.NT I.IAHII.I-I'lk' 83.793 130.000 F.T ASSETS 130,1100 14 l Jiir¢striiltd fun¢A. 81.793 13UVUO 'I'()'rAI. FLYD% 79? 130.uu 'lTh¢ charitable company 1$ cniiiled to excrnpii()n from audit und¢r S¢xiion 477 ofihc Liiinpanies ALI 21M)(Tr fijr lh¢ y¢dr ¢nded 30 Scpicrntrr 20?5. The members hae noi r¥quircd IhL rompanv io obtain atl audit of ils fllidniial sLiienieni% fi)r ilie j'edr end¢d 30 Seplcmk,r 2a25 in dL¢ordanL¢ Wlth 11 476 of the Lompanies Act. 'rhc Irusiees aiknowledge their resrM)nsibiliii¢5 flir Insiiring that Ihe chaniablc compan) kiLPS r¢¢ords Ihal complv with Seciions 386 and 387 1)f the Companics Act ?Q06 and Ibl prepdrinb finLIa1 al¢M¢t5 which glyc a true and fair vi¥ of th¢ stale of affairs ot the chariiahlc ionipdny dN dl the ¢nd lif eaih finiujcial %¢ar dnd of 115 siluS or deljiii for ealh finan¢i41 V¢dr in accorddnic with Ihc T¢qbiremen15 of %(*tion5 394 and 395 dnd hICh c?Iherwi4¢ cvillpl}' with Ilie rcquirements ol lh¢ Compznic5 Aci 2006 rvlating to t-mancial aLement5, M) far &5 appli¢<iblc to the cljariidble compdn).. The notes forni part ofth¢s'¢ finaniial sldlLmcnts
TIIF.4MF.CA TRUST B.ACF. SFIFET- C.ONTINUED 3Q SF.PTb.fvIBF.R 2n2$ I'h¢.4v finanLial .%ldlL'lllLni% havL rffeparcd in accordancc M'ith the provi510T15 applicable lo chariiable ¢ompanies subject io ihc Sm] companies regime. The fin cial sla meots VJere appToied b), th¢ Board of Trusicts and auth0ri5ed for issue nn . and were sign¢d on its b¢half bv= DcitiL Ru fvI(kIls-.['rUsIyr The nole5 part of these fin*Dcial stsi¢ments 19
THF. 4lE(.4 TRLI.%I"
O'I'LS TO THF_ FIliAYC.'1.41. %.1.41"F.1E_YTs
FOR'fHF. I'F.AR F.YDF.DJO 8Tr.PTTr".MHTr.R 2024
AC.'C.'OI.'YTINC POLIC-.IES
Illlsis <)f prepxring the finttnrial 5txtcent5
I"hi financial siaiemenic ot" rhL charitablt, cthmpans.. h7¢ 1% a puhlic IKnclii cniiry under FRS 101
have been Prtparcd in a¢Lda1)c i¥ith Ihe Charilies SORP (FRS 101)'.4ccounting and Reporting by
l-'h4riii¢%.' %iaieni¢ni ol- R¢ivmtiiciidcd PrdLiliC appIILdblL' Io Lharilies prepllg ihcir. aciounls in
ac¢i)TddllCC Wlth lh¢ Financial Rew>nino %randaTd applicable 111 i1iL I Ik Repiihli¢ i)r Ir¢lJiid11.KS
1011 letTe¢tii'e l JanuJTr, )f>lL)I'. I"inancial Repiirrino %iandivd 102 '1"hc finan¢idl K¢poning %t4tiid4Td
dppIILdblL III l]i¢ L k tsnd R¢publi¢ i)r Ir¢land' and Ihe l.'ompanies Act ?(M)6. Th¢ tinancial siaiements
hdve keli prepar¢J und¢r thL hisluriLdl Cus1 fiHII'¢llllOn.
Cvning cf>nc¢rn
The chdriiv receive5 Tegular donaiions and gvrants as ouilinL'd In rhe rctmlrt tha
IlidTildbl¢ dLlJviiie5. ()Iher Ihan it5 reliance the conlinuan¢i of th¢se sour¢e%. the trusiees hdl'c not
Id¢niiti¢d anv %i¥JiifiiaDI mail Ti41 unLena1ii liich i%iiiJld idsi doubl un Ili¥ Lhdriii'% abiliiN' 10
coniiniic as a going ¢on¢¢rn..
-inAnLiAI reporiin# 10?
rEduced disrlosur¥ ¢iernplivn%
IIiL LhiWll
TIIF. AMF.C.4 TRLST
"OR THE. I"F.AK FNDFD30 SE"I'"fF.%1BF.R 2025
ACC'OLliTINC POLICIES- cufftlinued
'I'Axatio
Tht Lharity is a r¢Bi51er¢d Lhitrilv at)d as such no iniome or Cdpiial uxes are pavable on ils Charlble
Fund a¢cDuntlDg
Ltireslriiled lunds can be used in (ldale M'iih ihr Lhariiable iibjeilitres dl the di%LTeliun ()[ ilie
tru51ecs.
Fthftd aCL'Vllrtlin%
Rcitrictions arise when stttificd b). the doni>r i)T when funds are rai%ed fi)r particular r¢%iricted
purposes.
ReslrLLted funds can onl). bc used fur parti¢ulJr 1¢sirict¢d purp09e4 within rhe obj¢cts of ihe chariti,.
Th¢ rcsiri¢icd funds are a5 follows..
R¢furbislim¢ni of Htgh Derxndency Lnirs
PhJ.%io Clinic ai C'hilijmoni I Icalih Centrc
SiudLnl 5pon5vrship
oreiin currentits
A4%ilN iinil 114ihiliiiL's in forL'ign Lurr¢ncie.% are Iranslat¢d intv sl¢rlinb al thl rdl¢S of ¢xLhange ruling al
lh¢ bdlani¢ sheei ddle. I'rdnsdLiions in foreign LurrLnLi .4( I'II'ITIF.S
Pcriod
1.9.?3
Year Ended
Fundraising ei'ents
370
IvESTmENT INCOMF.
Yei1r E"pded
3().9.?5
3V.9.?4
Dcp05ir account intere51
I IihcT Intcrcsl rccEJI Ed
839
908
61
870
969
TIIF. AfvIF.C.4 TRUST NOTES TO TIIE FIN4.4fCIAL STATEME.YTS - C.(JTrql"INLF.D F(TrR TIIE Tr"EAR EYDED JO SFPTEMBEK2tb2S 1cOr[E FROM CH,IRIT.4BLE ACTII'ITIES Period YeaT Ended io 30.9.?4 Aciiil>' Pr(l¥isi of mcdical iducation atml Grants ?8.R53 3?,U47 Oth¢r a¢iitriii¢s (hh¥T aLliiirics 556 29.409 12.047 tirdDts r¢¢¢ivcd it)clud¢d in thc aVA)ve. are as folloi%s'. Perii)d YcaT F.ndcd 3O.9.?5 l.'r£ich and Roshan l.oundaiion Fri¥nds of M)IJwi ilss(iaiion Foundaiion lak14 ryo.ooo ?8.853 11,047 32.047 C.'HAKIT.4HLF. AC.'TIVITIF.S C'().4'1' l)irect Cos1$ SupFK)rt I'oials Pr(>vision ot'm¢dical cducaiion and 37.771 97.110 8.461 46,232 Donaiion5 ilth¢r acli*ilics 5.755 5.755 14.216 149.VY7 tX)nalinn% paid in th¢ y¢aT wcr¢ In AMf.i-A Healthcare Africa Litiiitvd. a Nc)I fcTrr Priifil Lonipitiiy incorpvrat¢d in Nlalaivi wiih tt4"o trus¢¢¢5 in and undcr common conirDI Ihe tunds donated 10 AMF.C.A HedllhLare.4friLa l.iiniid MeTe used bv Ihiil ivmpani. iouardsthe c05101.lhc new muiLrnity £linii. IniludtnLtr mertti)rship. sponsorship uf medical uaitliiig aiid uthei expciidiiurL tv me¥1 siitiil aims 10 ihc AMIQA I njsi.
THTr- .4MEC.4 TRUST NOTES TOTHL Flli.4NCIAL STATLMErriT.S- C'ONTINULD FOR"I'HL I'L.4R EYDF.I) 311 SF-.I)I'F'.%IIIF'.K ?11?5 NET INcolE1(ExPENDITlRE} Nei incnme,'lexpendiiuTkl is sthicd after charging'{CTediling)'. Period Year Lnckd to 30.9.24 Deprecidlion- owned akscts ¥.248 INI)Tr'.PTr.NI)ET F.XA%I1,Y>'H'S RI.MLNERATIOY P¢riu 1.923 Y¥ur Ind¢d 30.9.?5 3Q.9.?4 Independeni examinativn (Lx. .l.N8: 'I'RII%TF.FS' R..ll1)ERA TI()N ANI) IIfr.'%&.'Tr IT "Ih¢Te wert 110 rru>tL*S' r¢mun¢ration or other .¢111$ for the v¢ar ¢nded 30 Sepi¢Yllr 2U21 nor fui Ihl p¢riud 3U Sweriiber 2(b94. Tru%tee¥' expenses Trusl¢L'S exp¥nses of £1.317 1?fj?J 12.3071 for Irav¢l, enienaining. Iclcphvne. p(i%liigrL and dighiirscm¢nts M'erL payablc 10 Riiih Kl.IrkiJs In the perii)d. COMPARATITr'ES FOR THL STATTr'ME%T Otr TrINANC-IAI. AC"I'IVI'I'ITr'.4 nre%tricl¥d fund Rcsiricted funds fundb lTriC'OMTr: .4D F.NI)()I%'MTr.'NT5 FR()M InlI10n3 IO¥Q12 116.752 C'hgrilAbl¢ acliviiic4 Proi ision oi m¢di¢al ¢du¢10n faciliiics 20,000 12.1)47 32.Q47 370 5169 370 969 Inve%imLmt incorne Tot81 130251 19,8¥7 150 138 FXPI.%DI'fi,'RF. ON Kai5in¥ fund% 1.976 1,976 Charitabl¢ acliiili¢s Provision ot Tn¢di¢al iducaiion and faciliii¢5 Dondrions Other activities 10.901 ¥.94.5 40.927 5().348 3,917 47.403 3.917 23
THE AMLC".4 TRUST OTES TO THE FI.Y.4NCIAL STATEMF.%TS- COI%TIYUED Tr-C)R'THE I'Tr'..4R F.N4DF.DM sEwfF.MBF.R 2025 C'oP¥IPAR_4TI'Es FOR THE STAI'LMENT OF FIYANCI.4L.4CI'IVITIF.S- continued I Inresirici¢d fund Resiricied funds Ti?tal Tulxl 83.26? NET INCO]EllE¥pEID1TIIREl 46.989 Rb:CONCII.IA TII)P4 OF FiIND l oi)l fvnd% brou1 torn'ard 83.ull 19 TI)TAL +'LNI)S CARRIED *ORWARD 130.0 130,UQ 'I'AI(-1111.Tr'. FIXED ASSTr.'rs CompuicT equipmcni 'chicl¢s c'().s'I' t l (Iciobcr 2n?4 and 30 ScpiiTrbcr 2025 31 9()4 2.356 DTr'.VRF.CIATII)N Ai l Oili)b¢r ?n14 C'huTgL tor year 8.9?5 2,356 At 30 September ?025 2.156 19.-%29 NF.T B(M)K VALUE Ai.111 %¢pi¥nib¢T 21J25 15.8?I 15.821 AI 30 %¢pi¢mber 2024 24.1>09 DF.IIT()RS: AMOLl%I T5 FALI,IYC' DL'Tr. WITIIIY ()NF' I'b.AR 30.9.24 ALLrued inLi>me PrcpavmLnis 1.817 .881 IIIY77 24
TIIE AI¥IECA TRI.'ST I%O'TLS T() THF". F"IN.4h'CIALSTATF.MTr'.NTS- C-.0-IlUTr.D FUR TIIL I'F..4R ENDED JO SLPTF_%IBF_R 2025 12. C.REDITORS= AfvIOLT5 FALLING DIIF lTIllI ONE I'F.AK Dcferrcd income Accrued exp¢rtses 6,953 3,923 5.923 10.664 Th¢rt was no difcrred income at 30ih Sepi¢)nb¢T 205. Prior year12024I Ihii¢ dL'ILrrcd Iniome tottlllinb £6.953 ivhiLh r¢lalid iu tunds re£eiNed for Ih¢ omiirnciion of the maicmity unit. IJ. LLASIING ACRF.F..MENTS Minimwn lease payments under non4ancellable 0rating Ic&%cs fall duc &% follow%'. 30.9.25 30.9.24 IiThin onc y 74? 770 14. Ml)V F.MTr-P'l' IN TrII% m(Il'LtDent in fund% Ai 30.9.25 .10.24 Unr¢s¢ri¢t¢d funds (i¢Ti¢r411'und iJu.u (46.2n7} 83.793 TOTAL FUPif)5 46 NLI mvv¢mini in funds. inLluded in the dbovc are as follows: Incthming r¢50urc¢s Rcsources M()NLYMcnt exnded in lun¢ Unrestriclvd fundj (icn¢ral hind 49.S29 {95.736) 146.2071 RvstrittL'd fund$ ChildWLni Nlalernih. Unit SiudLtLI 5pon50Tship 6.953 2.1.416 16.9571 (23.4161 11.:50) Dcntal Clini¢ 23.400 5%.019 'i'()'f.11. Tr-[.iNI).S 150755 46.2071 25
I'HF A%IF.C'A TRLST 40TES TO THE FIYANicIALSTATF.lF.NTS- CO.NTINUED Tr'OR THb. YF.AR ETr4JTrED 311 STr-Pl"b.MHLR 2025 14. MOI'E_11ET I.Y FufDS- continued Comparaiii'es for moTrtmenl fuNd5 o¥'en]eni in fuiids Ai 30.9 24 Ai l.9.2J Lnre5trict¢d funds eneral lund 83.011 46,989 130.000 Restricted fuDds 19 (191 TOI'.4L TrL)DS cOP(ally¢ mo%'¢m¢nr in funds, includcd in the aiK)ve are as follows: Incoming resi)urccs ResuuTLe% Movernent ¢xrKnded Unr¢stri¢ted funds (jLnerdl lund 13Q,251 (83,2021 46.Y89 Kestricied (und 11.047 6.941) (11.0471 Student sponyorship 19) ii).x¥? 19 TC)I'AL b UNI)S 150.138 103 168 15. ()-rHF.R FINANC'IAI. Coh11]TlE"'S Al IIIL )'edr end ih¢ Irusl had ¢51imdd fviurc fLr atld sUb¥isi1ce alliiwJnLL LutztTnitrnent5 of £5.885 (20*4 - £7,40?l in rL%[Lt vf swdvni ¥pon5(W5hip plac¢ments lo mcdiial training wurse5. 16. RELATED PARTY DISCLOSURES There werc no rclaied party tra[[1($ f()T the )"e31 eTMlcd IQ ScptembL'r ?025. 17. C"UNTINGF.YT.45SET- LF.GACTr' Ai the year end. the charir). has been noLified ofits eniiilemeni io a legacv froiji the esiaie (if d (Jetia5¢d -%upp()rtir. he <ltnnuni r¢ceibflhle cannot be reliabl! Lre ai this .slag¢. as Ihe ddmini%irdlll)n vf Ihc Lsiate is i)ngoing and thc i-aliic of thc Tcstdual a.s%cis lias ni)i vci en cnnlirnitd In aLLOrdtie wilh Ihc Charities SORP (FR8 10?}. nl) d55¢1 has recognised in ihcse finan¢ial &iateinciitq. nic l¢gacN i¥ill k reiogpn15eii InLI)m¢ in the period wh¢n the dTnvunlcan bc measllredTeliabl) and rcccipt is ¢thn.5id¢red probablc.
TFIF..4MEC.4 TRUST liOTES TOTHE TrINANCIAL STATEfvIF.liTS- C-.()TIN1JF.D F'OK THF. %'F.Ak ENDF.D JO SEPTF.P*lllF.K ?025 18. 111,TIM.ITE CONTROLLIYG PARTY In the opinion of the trusiees the charity has no uliimat¢ contyolling pary. 19. I.IAIIILITY UF MEMBF.RS Ithe charity is a LOtnpan} limiled b% guante. The niemirrn (Ifth¥ dTe Ilie liuslees najllcd n pli¥c l. In Ihe event uf ili¥ L(nnY bcing OUnd up. thc liabilirn in re%pccr of ihc guaraniee is limited to a maximum of £10 from cach of Ihc trustees. 27
THL AMTr.C-A I'RI,%'I'
DF.TA1I.Tr.DSTATF.1EP1T OF FIN.NcIAL ACTJI'ITIES
FRTH}.. YF.,IR F.Tr4"DTr:D 30 sF'.wfEMBER 202$
Period
1.9.23
Yedr Eniled
IN('I)MF. AND E.ND0Wl[TS
Donaliuns
Ilondtions
74.269
116,752
Other tradin% Atliwiii¢4
370
Ini'cslmcnl incom¢
D.'pti%il acLouni illlLTe%t
Othcr inicr¥st re¢eiveil
839
908
870
969
C_hArlt#ble gctii'iiies
TIIE KI1ECA TRI"5T DF.T.AILLD 4'1'A'fEMEYT OF TrlIYANCIAI, AC-TIIYITIF.S "<)R'fFIE )'FAR FNDED JO SF.VFF.MIIEK 2025 Period Yr Ended Supporl cus1$ Pn%iJgi and qralioncr). DeprcciaiÈon olian¥ibl¢ heritage assets 81 169 8,925 9,094 In(urms)tion lechnDIoE)' Computer Losis 105 OthL'r rorcign ¢N¢hange1055CS 20 1,640 Gui'L'rnance ¢O$L* IndcpÉnolcnt cxaminefs fee 8undrie% ALLvunlan¢y fees 3,840 47 1.8h8 3,88? 35 3.917 Toial Te8ources expended 150.755 103,168 N¢1 (cxp¢nditureyincJm 46 207) 4(TrgiU This pge d(5 nor foTtn part or the iEaluknTY finanLial iLal¥m¥n 29