DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
Kasupe
Charity Number 1134731
Annual Report and Financial Statements
Year ended 31[st] March 2023
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
Kasupe
Year ended 31[st] March 2023
Reference and administrative details
Trustees Sally Chilakalaka Colin Jones John Hubbard Wendy Diddams Davy Chilakalaka (resigned 12/01/2023) Principal Address 18 Woodland Drive Knutsford WA16 8DF Registered Charity Number 1134731 Independent Examiner Stevie Jepson FCCA Platinum Accountancy Services 21 Danebridge Place Congleton CW12 1GB
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
Kasupe
Year ended 31[st] March 2023
TRUSTEES ANNUAL REPORT
The trustees present their report with the financial statements of the charity for the year ended 30 April 2022.
OBJECTIVES AND ACTIVITIES
The objectives of Kasupe, being primarily advanced in Malawi, but not restricted to this area, are:
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a) The advancement of education, in particular for children
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b) The relief of poverty
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c) The relief of need by providing such assistance and help as the trustees determine including helping to provide shelter or accommodation
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d) The promotion of good health
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e) The promotion of such other purposes as are charitable under the laws of England and Wales as the trustees from time to time determine.
ACHIEVEMENTS AND PERFORMANCE
The main focus this year has continued to be on 3 major projects, namely the Nursery School, the Solar Plant, and Block making machine, with the focus on moving Kasupe towards being self sufficient.
The block making machine has continued to be used fully this year, producing all the blocks for the nursery and blocks for a pastors house in the village. Once the Nursery is completed, there is potential to sell blocks locally to move towards making Kasupe self sustainable. The block making machine creates employment in the local community thus boosting the economy, and is reducing the negative impact on climate change. Kasupe has also planted seedlings this year to help combat flooding and soil degradation long term
Building work has continued on the nursery school using the blocks made on site at Kasupe. This is now at roof level, and we are in the process of sourcing funding to allow this to be completed by September 2023.
The solar plant is now operational and is generating 13.3kw/h. There are plans to expand this to be able to generate 100kw/h when funding allows.
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
Kasupe Year ended 31[st] March 2023
The feeding programme has also continued this year, with the nursery children receiving a nutritious meal each day along with the Primary children. For a lot of pupils, this will be the only meal they receive each day, and also encourages attendance at school. Kasupe are currently feeding over 700 daily.
The gardening project has been productive this year, with plants including sweet potatoes, aubergines, onions and tomatoes producing a good harvest. This produce is then sold at the local market and to villagers. We also have a banana plantation which is flourishing and producing fruit. The aim is for this project to be self sustainable, although the main challenge is water.
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
Kasupe
Year ended 31[st] March 2023
FINANCIAL REVIEW
Financial position
The Receipts and Payments Account and Statement of Assets and Liabilities are on pages 7 and 8.
Unrestricted funds held at the year-end amounted to £1,201
STRUCTURE, GOVERNANCE AND MANAGEMENT
Trustees
The trustees as listed on page 2 served throughout the year and are in office as of the date of this report.
Approved by the board of trustees 14[th] September and signed on its behalf by:
S Chilakalaka
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KASUPE
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] March 2023.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 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 examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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(1) accounting records were not kept in respect of the charity as required by Section 130 of the Act; or
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(2) the accounts do not accord with those records.
I have no concerns 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.
Stevie Jepson FCCA Platinum Accountancy Services 21 Danebridge Place Congleton Cheshire CW12 1GB
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
KASUPE Year ended 31[st] March 2023
RECEIPTS AND PAYMENTS ACCOUNT
| Receipts Donations Corporate donations Fundraising Gift aid Total Payments Direct costs Subcontractors Fundraising Office and stationary Travel Total Net of receipts/(payments) Cash funds last year end Cash funds this year end |
Unrestricted funds £ 25,354 2,276 1,961 2,754 32,345 24,341 2,700 1,194 267 2,840 31,342 1,003 1,201 |
Restricted funds £ - - - - - - - - |
Total funds £ 25,354 2,276 1,961 2,754 32,345 24,341 2,700 1,194 267 2,840 31,342 1,003 1,201 |
As @ 31/03/2023 £ 21,700 |
|---|---|---|---|---|
| 21,700 | ||||
| 34,280 | ||||
| 34,280 | ||||
| - 12,580 | ||||
| 1,201 | - | 1,201 | 199 |
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
KASUPE Year ended 31[st] March 2023
STATEMENT OF ASSETS AND LIABILITIES
----- Start of picture text -----
Unrestricted Restricted As at
funds funds Total 31/03/2023
£ £ £ £
CASH FUNDS
Bank current account 1,201 - 1,201 199
1,201 - 1,201 199
LIABILITIES
- - - -
- - - -
----- End of picture text -----
These accounts on pages 7 and 8 were approved by the Trustees on 14[th] September 2023 and signed on their behalf by:
S Chilakalaka
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DocuSign Envelope ID: 15EDBF79-44A0-4EAB-BB51-807A34CECEBC
KASUPE Year ended 31[st] March 2023
NOTES TO THE FINANCIAL STATEMENTS
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1 Basis of preparation
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These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities Act 2011.
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2 Fund Accounting
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(a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity
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(b) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor.
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3 Taxation
The charity is not liable to tax on its charitable activities.
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The charity is not registered for VAT. Irrecoverable VAT is included in the expense to which it relates.
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4 Transactions with trustees
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No remuneration nor expenses were paid to trustees during the year or previous year. During the year, D Chilakalaka was reimbursed £1,282.98 in expenses.
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