Tariro - Hope For Youth In Zimbabwe
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Charity Registration No. 1136035
| CONTENTS | ||
|---|---|---|
| Page | ||
| Trustees' Report | 1 - 6 | |
| Independent Examiners' Report | 7 | |
| Statement of Financial | Activities | 8 |
| Balance Sheet | 9 | |
| Notes to the accounts | 10 - 13 |
Tariro Hope For Youth In Zimbabwe Trustees’ Annual Report for the year ended 30 June 2024
Charity Registration No. 1136035
The trustees present their report and accounts for the year ended 30 June 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 and comply with the charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Trustees: Mrs Elizabeth Wilson (Chair) Mr Adam Wilson (Secretary) Father Nicolas Stebbing CR Mrs Jennifer Stebbing Mr Thomas Hatton Father George Guiver CR Mr Simon Miller
Charity registration number: 1136035
Charity office: The House of the Resurrection Stocks Bank Road Mirfield West Yorkshire WF14 0BN Advisers: Bankers: HSBC Bank Plc 33 Park Row, Leeds LS1 1LD Accountants: Forrest Burlinson 20 Owl Lane, Dewsbury WF12 7RQ Examiner: Ebrahim Suleman ACA
Objects, purpose and activities
The objects of the charity are to advance in life and relieve the needs of young people through the provision of financial support to help them develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals in Zimbabwe.
The charity's main work at present is supporting the Tariro Youth Project in Zimbabwe, a foundation that runs a home for children in Marlborough, Harare. The charity also supports other projects for children in other parts of Zimbabwe through the Tariro For Young People organisation in Zimbabwe.
Trustees statement on public benefit
The trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. The objects and related activities set out in this report and the annual financial statements demonstrate this in greater detail.
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Tariro Hope For Youth In Zimbabwe Trustees’ Annual Report for the year ended 30 June 2024
Charity Registration No. 1136035
Review of the year
As set out above during the last year Tariro – Hope for Youth in Zimbabwe (“the charity”) has continued to support two partner organizations in Zimbabwe: Tariro Youth Project (“TYP”) in Harare and Tariro For Young People (“TFYP”) in more rural areas. TFYP in turn supports a number of different projects arising principally out of local contacts with the Anglican church in Zimbabwe.
Over the last year TYP and TFYP have begun working together more closely both in terms of organization and finance. Since the charity’s inception one of the charity’s trustees, Nicolas Stebbing, has visited Zimbabwe at least twice a year to offer support and also to monitor how the funds raised by the charity are being spent. It is envisaged that Nicolas Stebbing will continue to visit Zimbabwe regularly.
During this past year, the trustees of the charity have continued to work on ‘succession planning’ and in particular have set up shared common electronic platforms to ensure that all information and data are easily available to all trustees whilst continuing to maintain confidentiality, particularly in respect of donor details.
The charity relies mainly on donations from Churches, Christian charities and individuals and fund raising is a challenge in the current social and economic climate. The trustees would however, like to place on record their thanks to each and every donor to the charity and in particular would like to express their thanks for the substantial donations made by The Fellowship of St John and the substantial cumulative donations of all those making regular monthly payments by standing order.
Projects in Zimbabwe supported by the charity
Tariro Youth Project (TYP)
TYP House
This is a home for around sixteen young people who have no home of their own. Most of those living there are between the ages of 12 and 25, but they are free to stay until they are ready to leave. Many leave only when they get married and then return to show off their wives and children! Some of these are involved in counselling and supporting those still in the House.
All those who come have to deal with the trauma of loss of family, or home; some have suffered abuse. All are insecure, uncertain of what the future holds for them. As well as providing for everyday needs, TYP offers some of them formal counselling. For the most part, though, the young people counsel each other. Finding others of their age who have had the same problems and won through is the best kind of healing.
While they are with TYP the young people are sent for appropriate schooling, sometimes academic, (including to university) some to more practical training. To help with this, and to help feed the hungry teenagers TYP also keeps at least a hundred chickens and grows a lot of vegetables.
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Tariro Hope For Youth In Zimbabwe Trustees’ Annual Report for the year ended 30 June 2024
Charity Registration No. 1136035
Honde Valley Pigs
Five years ago TYP brought a handful of pigs to the Honde Valley about 50 miles north east of Mutare where the project had purchased a small property. That handful has grown into a herd of around a hundred. A former beneficiary of TYP has attended to raising their standard by selective breeding and they are now very good quality and fetch good prices. The project grows most of its own food which helps to save costs. The project is environmentally friendly as the crops are well rotated and no artificial fertiliser is used as pig manure does the job, and the sprays are driven by solar power.
The project feeds a significant income into the work of TYP and the project aims to keep increasing this. At the same time the project provides employment for two young people.
Tariro For Young People (TFYP)
As referred to above TFYP supports a number of projects responding as required to the needs of young people in Zimbabwe.
1. St Francis, Nhema
St Francis is an Anglican mission in the dry Shurugwi rural area. Here a small group of Anglican nuns act as care givers to eight or ten young people ranging from primary school through to university. Most of these children live with relations, usually grandparents, as parents are either dead or disappeared. Some have lost even those and stay with the sisters. They go to local schools and often take part in the church community participating in lots of singing, which everybody loves.
The project runs quite a successful agricultural enterprise raising chickens and vegetables, and growing fields of maize. This supplements the diet of the young people supported by the project, gives them a training in modern agricultural methods and helps to pay their school fees. Out of this small farm comes also the money to buy Christmas presents and have a Christmas party.
2. Penhalonga
St Augustine’s, Penhalonga is an Anglican mission run by the Anglican Diocese of Mutare in the east of the country with a very well-established secondary school. TFYP supports a handful of young children there and in the nearby town of Rusape.
At the nearby Tsvingwe High School TFYP has helped to establish an agricultural project. TYFP has donated pigs and the school has built fish ponds. The aim here is not just to teach agriculture but to help pay the school fees of the young people working with the project. The school is in the middle of an area where there is much illegal gold panning and attendant crime. The youngsters, especially the girls, are at risk and TFYP supports the school in trying to provide its young people with a way of life that keeps them away from harm.
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Tariro Hope For Youth In Zimbabwe Trustees’ Annual Report for the year ended 30 June 2024
Charity Registration No. 1136035
3. Shearly Cripps Children’s Home, Chikwaka
Fifty kilometres to the north east of Harare is a long-established children’s home run by the Diocese of Harare. The children living in the home have to leave the at the age of 16 or 18 and often have nowhere to go. Several have joined the TYP house in Harare and many of these have done well.
Life in a children’s home is not easy and they need more support than the church is able to give, so TFYP has stepped in to help. TFYP pays for informal counselling and takes children to the TYP house in Harare for short breaks.
Finances
| Total income for the year: Total expenditure for the year: Shortfall |
2024 2023 £ £ 189,339 242,993 201,710 266,400 |
|---|---|
| 12,371 23,407 |
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Grants to Zimbabwe
Tariro Youth Project
Income Expenditure (£198,664 incl. restricted (£88,694)
spending of £27,970) Tariro For Young People
(£189,339) (£201,710) (£85,464)
Other projects in Zim
(grants 98.5%) (£24,506)
Fundraising/support costs
Reserves b/f (£1,322) (1.5%)
(£73,214) Reserves c/f
(£60,843)
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Tariro Hope For Youth In Zimbabwe Trustees’ Annual Report for the year ended 30 June 2024
Charity Registration No. 1136035
Spending in Zimbabwe
In respect of the grants made to TYP and TFYP receipted expenditure shows as follows:
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Other costs
14% Food
Premises 30%
6%
Medical and
Pastoral Support
10%
Upkeep costs
School/University
11%
Transport fees
11% 18%
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Risk management
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the risk register and controls over key financial systems, will provide sufficient resilience in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established proportionate systems to mitigate the significant risks.
Structure, governance and management
The charity was established by trust deed made on 14 November 2009 and registered with the Charity Commission for England and Wales on 20 May 2010.
Appointment of trustees is governed by the Trust Deed of the charity.
The charity recognises that it has a responsibility to provide guidance and assist new trustees in fulfilling their duties and responsibilities, this is done in accordance with Charity Commission guidance. New trustees have access to the charity’s policies and procedures as well as appropriate Charity Commission publications.
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Tariro Hope For Youth In Zimbabwe Trustees’ Annual Report for the year ended 30 June 2024
Charity Registration No. 1136035
Trustees’ responsibilities in relation to the financial statements
The trustees are responsible for preparing a trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing the financial statements, the trustees are required to:
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Select suitable accounting policies and apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departure disclosed and explained in the financial statements; and
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Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will not continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the board of trustees on 8 December 2024 and is signed on their behalf by:
Elizabeth Wilson
Elizabeth Wilson (Jan 10, 2025 18:05 GMT)
……………………………………………………………………………….
Mrs Elizabeth Wilson (Chair) Tariro Hope For Youth in Zimbabwe
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Tariro - Hope For Youth In Zimbabwe Charity Registration No. 1136035 Independent Examiner's Report to the Trustees of Tariro - Hope For Youth In Zimbabwe
I report on the accounts of Tariro Hope For Youth In Zimbabwe for the year ended 30 June 2024, which are set out on pages 8 to 13.
I am qualified to report in accordance with section 145(3) of the Charities Act 2011 (the 2011 Act) by being a member of the Institute of Chartered Accountants in England and Wales.
Respective responsibilites of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the 2011 Act and that an independent examination is needed.
It is my responsibility to:
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l examine the accounts under section 145 of the 2011 Act;
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l to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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l to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently no opinion is given as to whether the accounts present 'a true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that in any material respect the requirements: l to keep accounting records in accordance with section 130 of the 2011 Act; and l to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
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have not been met; or
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Use of my report
This report is made solely to the charity's trustees, as a body. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, for the statements I have made, or for the opinions I have stated.
Signed:
……………………………………………………… 8 December 2024 Ebrahim Suleman
Member of the Institute of Chartered Accountants in England and Wales for and on behalf of Forrest Burlinson Chartered Accountants
20 Owl Lane, Shawcross, Dewsbury, WF12 7RQ
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Tariro - Hope For Youth In Zimbabwe Statement of Financial Activities for the year ended 30 June 2024
Charity Registration No. 1136035
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Unrestricted Restricted Total
funds funds 2024 2023
Note £ £ £ £
Income and endowments
Donations and legacies:
Donations 3 145,891 27,970 173,861 226,317
Gift Aid tax reclaims 15,478 -- 15,478 16,676
Total income 161,369 27,970 189,339 242,993
Expenditure
Costs of raising funds:
Website and IT costs 1,365 -- 1,365 612
Other costs 359 -- 359 536
1,724 -- 1,724 1,148
Expenditure on charitable activities:
Grants made to Projects in Zimbabwe 4 170,694 27,970 198,664 262,966
Support costs 5 1,322 -- 1,322 2,286
172,016 27,970 199,986 265,252
Total expenditure 173,740 27,970 201,710 266,400
Net income/(expenditure) (12,371) -- (12,371) (23,407)
Transfers between funds -- -- -- --
Net movement in funds (12,371) -- (12,371) (23,407)
Total Funds brought forward 73,214 -- 73,214 96,621
Total Funds as at 30 June 60,843 -- 60,843 73,214
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There were no recognised gains or losses for the year ended 30 June 2023 or 2024 other than included in the Statement of Financial Activities above.
All incoming resources and resources expended derive from continuing activities.
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Tariro - Hope For Youth In Zimbabwe Balance Sheet as at 30 June 2024
Charity Registration No. 1136035
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Unrestricted Restricted Total Total
funds funds 2024 2023
Note £ £ £ £
Current Assets
Stock of CDs -- -- -- 205
Debtors 6 14,134 -- 14,134 16,058
Cash at bank and in hand 47,357 -- 47,357 57,581
Total Current Assets 61,491 -- 61,491 73,844
Creditors: amounts falling due within one yea 7 (648) -- (648) (630)
Net Current Assets 60,843 -- 60,843 73,214
Net Assets 60,843 -- 60,843 73,214
The funds of the charity:
Funds carried forward 10 60,843 -- 60,843 73,214
Total Funds carried forward 60,843 -- 60,843 73,214
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The notes on pages 10 to 13 form part of these accounts.
Approved by the trustees on 8 December 2024 and signed on their behalf by:
Elizabeth Wilson
Elizabeth Wilson (Jan 10, 2025 18:05 GMT)
…………………………………………… Mrs Elizabeth Wilson Chair
Tariro - Hope For Youth In Zimbabwe
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Tariro - Hope For Youth In Zimbabwe Notes to the Financial Statements for the year ended 30 June 2024
Charity Registration No. 1136035
1 Accounting policies
1.1 Basis of preparation of accounts
The accounts are prepared under the historical cost convention and include the results of the charity's operations which are described in the Trustees' Annual Report and all of which are continuing. The accounts have been prepared in accordance with the Statement of Recommended Practice: ' Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ' , and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), applying the disclosure requirements of section 1A other than where additional disclosure is required by the Charity SORP or in order to show a true and fair view, and the Charities Act 2011 and applicable regulations.
1.2 Income recognition policies
Income is recognised and included in the accounts when all of the following criteria are met:
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The charity has entitlement to the funds;
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Any performance conditions attached to income has been met or is fully within the control of the charity;
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There is sufficient certainty that receipt of the income is considered probable; and - the amount can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which the charity is aware that probate has been granted; the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made; or when a distribution is received from the estate.
Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
The charity operates from the House of the Resurrection and is grateful to the Community of the Resurrection for use of its facilities. No amount is recognised as income from the use by the charity of these facilities in the accounts as no economic benefit can be measured reliably.
1.3 Fund accounting
Unrestricted funds are available to spend on activites that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be used solely for particular areas of the charity's work or for sponsoring specific projects in Zimbabwe.
1.4 Expenditure and irrecoverable VAT
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure has been classified under headings that aggregate all costs related to the category. Expenditure amounts include VAT which under current government policy is irrecoverable.
1.5 Taxation
No tax has been provided in these accounts because the trustees believe that the income and gains of the charity are within the exemptions granted for charities.
1.6 Debtors
Debtors are recognised at the settlement amount due.
1.7 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfers of funds to a third party and the amount due can be measured reliably.
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Tariro - Hope For Youth In Zimbabwe Notes to the Financial Statements, continued for the year ended 30 June 2024
Charity Registration No. 1136035
2 Related party transactions and trustees' remuneration
The trustees received no remuneration or emoluments in the year or the comparative year.
No expenses were paid to trustees in the year.
Tariro Youth Project (TYP) is a voluntary organisation based in Zimbabwe and established in 2009. Fr. Nicolas Stebbing was among the eight founder members of TYP.
TYP has similar charitable aims as Tariro - Hope for Youth in Zimbabwe and its own board of trustees in Zimbabwe. Fr. Nicolas Stebbing receives no remuneration from TYP.
| 3 Donations Regular giving (standing orders) Online donations Other individual giving PCCs and other groups Fellowship of St John (UK) Trust Assoc. The Community of the Resurrection Sisters of the Love of God Incorporated Trustees of the No.1 Trust Other donations |
Unrestricted Restricted Total funds funds 2024 £ £ £ 47,486 -- 47,486 23,563 -- 23,563 28,337 2,100 30,437 43,433 800 44,233 -- 15,000 15,000 -- 5,070 5,070 -- -- -- -- 5,000 5,000 3,072 -- 3,072 145,891 27,970 173,861 |
Total funds 2023 £ 46,633 26,922 42,038 59,004 30,000 10,340 5,000 5,000 1,380 226,317 |
|---|---|---|
4 Grants made to projects in Zimbabwe
The following is a breakdown of the projects receiving donations.
The amounts given have been translated from USD to GBP at the prevailing rate when the grant was made.
| Tariro Youth Project (TYP) Tariro For Young People (TFYP) Other project costs in Zimbabwe CZR Sisters |
Unrestricted Restricted Total funds funds funds 2024 £ £ £ 83,694 5,000 88,694 80,464 5,000 85,464 6,536 10,800 17,336 -- 7,170 7,170 170,694 27,970 198,664 |
Total funds 2023 £ 88,530 130,808 37,088 6,540 262,966 |
|---|---|---|
Tariro Youth Project (TYP) - runs a house in Harare with 12 young people living in it, plus 6 others supported and living with relations. Some are in school and others at university or college.
Tariro For Young People (TFYP) - supports children at Tsvingwe High School, St. Francis, Nhema and also gives support to the Shearly Cripps Children's Home Chikwaka.
Details of how the funds given to TYP and TFYP have been spent is given in the Trustee's Annual Report. Further information about these projects can be found at www.tarirouk.com/projects
5 Support Costs
All support costs are incurred in the one activity of the charity.
| Bank charges Accounting fees |
Unrestricted Restricted Total funds funds funds 2024 £ £ £ 674 -- 674 648 -- 648 1,322 -- 1,322 |
Total funds 2023 £ 1,656 630 2,286 |
|---|---|---|
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Tariro - Hope For Youth In Zimbabwe Notes to the Financial Statements, continued for the year ended 30 June 2024
Charity Registration No. 1136035
| 6 Debtors Taxes: Gift Aid claimed but not yet received Fellowship of St John (UK) Trust Assoc. Advanced grant payments 7 Creditors: amounts falling due within one year Accruals |
Unrestricted Restricted Total funds funds funds 2024 £ £ £ 3,526 -- 3,526 -- -- -- 10,608 -- 10,608 14,134 -- 14,134 Unrestricted Restricted Total funds funds funds 2024 £ £ £ 648 -- 648 |
Total funds 2023 £ 3,050 5,000 8,008 16,058 Total funds 2023 £ 630 |
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8 Securities and Charges
No charges exist over the property and assets of the charity.
9 Employees
The charity had no employees in the period.
10 Analysis of charitable funds
Analysis of movements in restricted funds
| Fellowship of St John (UK) Trust Assoc. Ugliduck Trust CZR Sisters Tsvingwe Pigs Project No1 Trust Total Analysis of movements in restricted funds Fellowship of St John (UK) Trust Assoc. CZR Sisters Shearly Cripps Childrens Home CHT Roof Appeal Holy Spirit Monastery (Gweru) Tsvingwe Pigs Project No1 Trust Total |
Funds Funds 1 July 2023 Income Expenditure Transfers 30 June 2024 £ £ £ £ £ -- 15,000 (15,000) -- -- -- 800 (800) -- -- -- 7,170 (7,170) -- -- -- 5,000 (5,000) -- -- -- 27,970 (27,970) -- -- - prior year Funds Funds 1 July 2022 Income Expenditure Transfers 30 June 2023 £ £ £ £ £ 5,000 30,000 (35,000) -- -- -- 6,540 (6,540) -- -- -- 2,800 (3,460) 660 -- -- 6,761 (6,761) -- -- -- 9,939 (10,665) 726 -- -- 5,000 (5,000) -- -- 5,000 61,040 (67,426) 1,386 -- |
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Ugliduck Trust - was support for schooling.
CZR Sisters - was spending on welfare, a retreat and necessary plumbing and electrical work at the convent.
Tsvingwe Pigs Project - this was a grant to establish a piggery in Tsvingwe High School.
Shearly Cripps Childrens Home - was for spending on converting dormitories into family living units.
CHT Roof Appeal - was for replacing the convent roof which was blown off in a storm.
Holy Spirit Monastery (Gweru) - this was for completion of the guest house and to pay for 6 days accommodation for 15 Tariro youngsters and staff.
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Tariro - Hope For Youth In Zimbabwe Notes to the Financial Statements, continued for the year ended 30 June 2024
Charity Registration No. 1136035
Unrestricted funds
The general fund is the principal fund of the charity. The income produced is used to support the work of the charity in all areas. The charity has no designated funds.
Analysis of movements in unrestricted funds
| General fund Total |
Balance Funds 1 July 2023 Income Expenditure Transfers 30 June 2024 £ £ £ £ £ 73,214 161,369 (173,740) -- 60,843 73,214 161,369 (173,740) -- 60,843 |
|---|---|
Analysis of movements in unrestricted funds - previous year
| Balance 1 July 2022 Income Expenditure Transfers £ £ £ £ General fund 91,621 181,953 (198,974) (1,386) Total 91,621 181,953 (198,974) (1,386) 11 Analysis of net assets between funds Unrestricted Restricted General Fund Funds £ £ Debtors 14,134 -- Cash at bank and in hand 47,357 Creditors falling due within one year (648) -- Total 60,843 -- Analysis of net assets between funds - prior year Unrestricted Restricted General Fund Funds £ £ Stock 205 -- Debtors 6,058 5,000 Cash at bank and in hand 67,581 (5,000) Creditors falling due within one year (630) -- Total 73,214 -- |
Funds 30 June 2023 £ 73,214 73,214 Total Funds £ 14,134 47,357 (648) 60,843 Total Funds £ 205 11,058 62,581 (630) 73,214 |
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