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2022-12-31-accounts

Typeof adviser Name
Address
Nameof chief executive or namesofsenior staff members (0ptionalinformation)
SectionB Structure,governanceandmanagement

SectionD Achievementsandperformance
Summary of the main
achievements of the charity
during the year		 Local Staff Support:Nostaffsalarieswerepaidatthecommunitycentre
throughouttheyear,soanotherfinancialsupportpackagewassenttostaffto
assistduringthelong-termperiodofunemployment.FundsweresentinMarch
andMaytopartiallycoverlossofearningssincetemporaryclosurestartedin
2020.
HealthInitiatives:FundsweresentinNovemberforemergency,life-saving
medicinesduetoanationwideoutbreakofcholerathathadaffectedallregions
ofthecountryforapproximately3months.
Grant Application:InAugustPhunziraappliedforagrantfromTHEEANDN
WATSONCHARITY(charitynumber1159344)whichwassuccessfullyawarded
inOctoberandreceivedviabanktransferattheendofDecember.Thisgrantwill
enable Phunziratore-openitscommunity-basedactivitiesand volunteer
programmein2023.
BusinessSupport:PhunzirasentfundstoNyumbayaMasambiroinMarchto
repairthefaultymaizemill,whichwasleakingsignificantamountsofoilresulting
inhighrunningcostsandoverheatingoftheengine.Thebusiness wasnot
viable due to this issue and was placed onholdin2021. The funds were spent
onmachinepartsandlabour,howevertheproblemwasunresolved.Henceit
wasdecidedtospendnofurthermoneyonthemachine,withtheintentionof
sellingitat alaterdateandusingthefundsgeneratedthroughthe saletoinvest
inanalternativebusiness.Primaryresearchwasconductedintothepossibilityof
implementingaboatbusiness,whichwillbefurtherexploredin2023.
SectionE Financialreview
Phunzira doesnothaveanexplicitreservespolicy.Atpresentits
Briefstatementofthe objectiveistoassistNyumbayaMasambiroinprovidingfreeeducational
charity's policy on reserves services and health assistance, and aimstoend each financial yearwith
only nominal amounts of cash reserves.
A loanfromtrusteeMichaelNissim,providedinNovemberforemergency
Detailsofanyfundsmaterially
indeficit		 choleramedicinesduringanationwideoutbreakinMalawi,isduetobe
repaidinJanuary2023withmoneyreceivedfromgrants.Otherwise,
Phunzira doesnothave funds materiallyindeficit.
Furtherfinancialreviewdetails (Optionalinformation)
You maychoosetoinclude
additional information, where
relevant about:
thecharity'sprincipal
sourcesoffunds(including
anyfundraising):
howexpenditure has
supportedthekeyobjectives
ofthecharity;		 Phunzira'smainsourcesoffundraisingfortheyear2022were:(i)grants;
and()individualdonations(primarilyfromtrustees).
Phunzira's2022expenditurewentpredominantlytowardsgrantspaidto
NyumbayaMasambiro,theeducationcentreinnorthMalawi.Itis
throughthislocalset-upthatPhunzirahasbeenabletofulfilits
educational,healthandsocialobjectivesinRuarwevillageandits
surrounding areas.
SincethetemporaryclosureofNYMin2020duetocovidand
Subsequentinsufficientfunding,allfundshavebeensenttoMalawivia
WesternUnioninordertoavoidexcesstravelcostsfortherecipients.
Thereceiverofthese transfersisusuallyBLESSINGSMUWAWA,who
investmentpolicyand
objectivesincludingany
ethicalinvestmentpolicy.		 hashandledcommunityfundsforNyumbayaMasambiroforovera
decadeandhasawaysactedwithhonestyandintegrity.Onone
occasion the transfer was receivedbyour Trustee Philippa Mander
duringavisittoMalawi.

CliarityNane
PHUNZIRA		 CliarityNane
PHUNZIRA		 1136460
CHARITY
COMMISSION		 Receipts and paymentsaccounts
Fortheperiod
from
Pelbdeaitdate
01/01/2022
To
31/12/2022		 CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds Last year
funds funds funds
tothenearest£ tothenearest£ tothenearest£ tothenearest £ tothenearest£
A1Receipts
FundraisingEvents
ActivitiesforGenerating Funds
IndividualDonations 1,005 1,005 1,632
CorporateDonations
Grants 50,036 50,036
BankInterest
Miscellaneous
CrowdFunding
Sub total
51,041		 51,041 1,663
A2Assetandinvestmentsales, 709 709
etc.
Totalreceipts 51,750 51,750 1,663
A3Payments
GrantsandDonationsPaid 1,868 1,868 1,564
FundraisingEvents
AdministrationCosts
Wages &Salaries
BankCharges 16 16 10
Other Charges
Shortages
Miscellaneous
VolunteerRepayments
Marketing&Advertising
Sub total 1,884 1,884 1,574
A4Assetandinvestment
purchases, etc.
Total payments 1,884 1,884 1,574
Netofreceipts/(payments) 49,866 49,866
A5Transfers between funds
A6Cashfundslastyearend 148 148 59
Cash funds this year end 50,014 50,014

Unrestricted Restricted Restricted Endowment
Categories Details funds
tonearest£		 funds
tonearest		 £ funds
tonearest£
B1Cash funds BarclaysAccount 50,014
PayPalAccount
Cash 0
Totalcashfunds 50,014
(agree balanceswithreceipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details tonearest£ tonearest £ tonearest£
B2Other monetaryassets
Details Fundtowhich
assetbelongs		 Cost (optional) Currentvalue
(optional)
B3Investmentassets
Details Fundtowhich
assetbelongs		 Cost(optional) Currentvalue
(optional)
B4Assetsretainedforthe
charity's ownuse
Fundtowhich Amountdue Whendue
Details liabilityrelates (optional) (optional)
B5Liabilities loanfromPhunzira Trustee Michael Nissim unrestricted 704 01/01/2023
Signedbyoneortwotrusteesonbehalf
Signature		 PrintName Date of
ROSAHARPER Is/6/23
McHAE
wS(S62
CCXXR2accounts(SS) 2 15/06/2023

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
On accounts for the year
ended
Set out on pages
Responsibilities and
basis of report
Independent
examiner's statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:		 Charity Name
Phunzira		 Charity Name
Phunzira
31 December 2022
Charity no
(if any)
1136460
1 to 5 (including these 2 pages)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/12/2022.
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 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.
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
concerning 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 fair’ view which is not a matter
considered as part of an independent examination.
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.
Please delete the words in the brackets if they do not apply.
D Warren
Date:
25/06/2023
25/06/2023
Darren Warren – Paxton Independent Examiners
F M A A T
61a High Street South
Rushden, Northants
NN10 0RA

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

CliarityNane
PHUNZIRA		 CliarityNane
PHUNZIRA		 1136460
CHARITY
COMMISSION		 Receipts and paymentsaccounts
Fortheperiod
from
Pelbdeaitdate
01/01/2022
To
31/12/2022		 CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds Last year
funds funds funds
tothenearest£ tothenearest£ tothenearest£ tothenearest £ tothenearest£
A1Receipts
FundraisingEvents
ActivitiesforGenerating Funds
IndividualDonations 1,005 1,005 1,632
CorporateDonations
Grants 50,036 50,036
BankInterest
Miscellaneous
CrowdFunding
Sub total
51,041		 51,041 1,663
A2Assetandinvestmentsales, 709 709
etc.
Totalreceipts 51,750 51,750 1,663
A3Payments
GrantsandDonationsPaid 1,868 1,868 1,564
FundraisingEvents
AdministrationCosts
Wages &Salaries
BankCharges 16 16 10
Other Charges
Shortages
Miscellaneous
VolunteerRepayments
Marketing&Advertising
Sub total 1,884 1,884 1,574
A4Assetandinvestment
purchases, etc.
Total payments 1,884 1,884 1,574
Netofreceipts/(payments) 49,866 49,866
A5Transfers between funds
A6Cashfundslastyearend 148 148 59
Cash funds this year end 50,014 50,014

Unrestricted Restricted Restricted Endowment
Categories Details funds
tonearest£		 funds
tonearest		 £ funds
tonearest£
B1Cash funds BarclaysAccount 50,014
PayPalAccount
Cash 0
Totalcashfunds 50,014
(agree balanceswithreceipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details tonearest£ tonearest £ tonearest£
B2Other monetaryassets
Details Fundtowhich
assetbelongs		 Cost (optional) Currentvalue
(optional)
B3Investmentassets
Details Fundtowhich
assetbelongs		 Cost(optional) Currentvalue
(optional)
B4Assetsretainedforthe
charity's ownuse
Fundtowhich Amountdue Whendue
Details liabilityrelates (optional) (optional)
B5Liabilities loanfromPhunzira Trustee Michael Nissim unrestricted 704 01/01/2023
Signedbyoneortwotrusteesonbehalf
Signature		 PrintName Date of
ROSAHARPER Is/6/23
McHAE
wS(S62
CCXXR2accounts(SS) 2 15/06/2023