| TRUSTEES' ANNUAL REPORT Year Ended 31December 2022. |
||
|---|---|---|
| INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF MASICORP |
UK LTD.... | |
| STATEMENT OF FINANCIAL ACTIVITIES. | ||
| BALANCE SHEET31December 2022. | ||
| NOTES TO TH E ACCO UN TS. | ...10 |
| Year Ended | 31D | ecember 20 | 22 | 22 | ||||
|---|---|---|---|---|---|---|---|---|
| Year ended | 31December | 2022 | Year ended | 31December 2021 | ||||
| Unrestricted | Restricted | Unrestricted | Restricte | |||||
| F de | F | dse | Funds 6 | d Funds | Total E | |||
| Income | ||||||||
| Grants a donations |
2,7 | 13,448 | 80,859 | 94,307 | 18,554 | 27,474 | 46,028 | |
| Gift Aid | 5,678 | 5,678 | 7836 | 7,836 | ||||
| Total income | 19,126 | 80,859 | 99,985 | 26,390 | 27,474 | 53,864 | ||
| Expenditure. | ||||||||
| Charitable | ||||||||
| Activities | ||||||||
| Support Costs |
-1,875 | -74 | -1,949 | -1,868 | -1,868 | |||
| Governance | 5 | -583 | -583 | -150 | -150 | |||
| Costs | ||||||||
| Transfers to | ||||||||
| MASICORP | -4,498 | -78,695 | -83,193 | -24,000 | -28,933 | -52,933 | ||
| SA | ||||||||
| Total expenditure |
-6,956 | -78,769 | -85,725 | -26,018 | -28,933 | -54,951 | ||
| Net | ||||||||
| (Income- | 12,170 | 2,090 | 14,260 | 372 | -1,459 | -1,087 | ||
| expenditure) | ||||||||
| Transfer | ||||||||
| between | 7 | -2,036 | 2,036 | -415 | 415 | 0 | ||
| funds | ||||||||
| Fund | ||||||||
| balances | ||||||||
| carried | 3,858 | 1,897 | 5,755 | 3,901 | 2,941 | 6,842 | ||
| forward from | ||||||||
| previous year | ||||||||
| Fund | ||||||||
| balances | ||||||||
| carried | 13,992 | 6,023 | 20,015 | 3,858 | 1,897 | 5,755 | ||
| forward at | ||||||||
| 31Dec 2022 |
| ur bank acc | ount, sent by | chequ | e or transferred | via PayPal. | |||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total g | Total g | ||||
| f | 2022 | 2021 | |||||
| 10x10Philanthropy | 1603 | 1603 | |||||
| Amazon Smile (UK) |
32 | 32 | 53 | ||||
| Chapter of | Derby Cathedral | 270 | 270 | ||||
| Charities Aid Foundation | UK | 100 | 100 | ||||
| Marylebone | Cricket Club | (MCC) | 10000 | 0 | 10000 | ||
| Paypal Giving Fund | 164 | 164 | 897 | ||||
| Reassurance | Group ofAmerica | (RGA) | 8000 | 0 | 8000 | ||
| The Golden | Bottle Trust (Hoare | Trustees) | 3000 | 3000 | 3000 | ||
| The Harley | Trust | 1000 | 1000 | 5000 | |||
| The Souter | Charitable Trust |
0 | 3000 | ||||
| The Watch | Hill Foundation | 1000 | f0.00 | 1000 | |||
| Other Grants and Donations | 57859 | 11278 | 69137 | 34078 | |||
| 80859 | 94307 | 46028 |
| Unrestricted | Restricted | Total Funds | Total funds | |
|---|---|---|---|---|
| Funds (E) | Funds (E) | 2022(E) | 2021(E) | |
| Subscriptions | 152 | 0 | 152 | 354 |
| Fundraising Costs |
1247 | 0 | 1247 | 0 |
| Bank charges/ PayPal Fees |
72 | 74 | 146 | 159 |
| Consulting fees |
404 | 0 | 404 | 250 |
| Printing and postage |
0 | 0 | 0 | 1105 |
| Total Support costs | 1875 | 74 | 1949 | 1868 |
| Unrestricted | Restricted | Total Funds | Total funds | |||
|---|---|---|---|---|---|---|
| Funds (E) | Funds(F) | 2022 (E) | 2021(E) | |||
| Operating | Costs (Meeting Room) | 330 | 0 | 330 | 0 | |
| Accounting | Fees | 253 | 253 | 150 | ||
| Total Governance | Costs | 583 | 0 | 583 | 150 |
| Paid to | ||||||
|---|---|---|---|---|---|---|
| Balance | Incoming | PayPal | Transfers | South | Balance | |
| 31/12/21 | Resources | Feesf | between | Africa f | 31/12/2022 | |
| Restricted Funds |
f | f | funds f | f | ||
| Chasmay Educare |
0 | 2000 | 2000 | 0 | ||
| Chasmay Garden |
-40 | 1000 | 1000 | -40 | ||
| Community General |
||||||
| Funds | 25 | 100 | 98 | 25 | ||
| Early Childhood | ||||||
| Development | 0 | 391 | 2 | 349 | 40 | |
| English Please | 100 | 0 | 0 | 100 | 0 | |
| Friends of Masi | 290 | 1630 | 35 | 1622 | 263 | |
| Help Feed a Child | 0 | 182 | 3 | 180 | 0 | |
| Home of Love | 400 | 0 | 0 | 400 | 0 | |
| MasiSports (Masi 750) |
525 | 66532 | 21 | 61782 | 5254 | |
| Maths Momentum | 160 | 8240 | 6 | 8355 | 39 | |
| Primary school | ||||||
| (General) | 437 | 779 | 0 | 774 | 437 | |
| Teen Girls Art | 0 | 5 | 2035 | 2035 | 5 | |
| 1897 | 80859 | 74 | 2036 | 78695 | 6023 |
| Chasmay Educare | A school for pre-school age children aged 0-6 years |
A school for pre-school age children aged 0-6 years |
A school for pre-school age children aged 0-6 years |
A school for pre-school age children aged 0-6 years |
|
|---|---|---|---|---|---|
| Chasmay Garden |
The vegetable | garden | located next to Chasmay | Educare | |
| Community General Funds |
Covers general | needs | such as COVID-19 support. | ||
| Early Childhood Development |
Covers general | needs | within Early Childhood Development |
(ECD) projects | |
| English Please | Helps schoolchildren | to learn English | |||
| Friends ofMasi | A general fund |
for monthly donors; unrestricted |
in its use | in South Africa. |
| Help Feed a Child | An ECDfeeding program across several day-care centres |
An ECDfeeding program across several day-care centres |
|
|---|---|---|---|
| Home of Love | A school for pre-school age children | aged 0-6years | |
| Is used by MasiSports [SA]to provide |
sporting facilities and training at | ||
| Masisports (Masi 750) |
Masiphumelele Primary School. From 1November 2022 this became a separate legal entity in South Africa. No transfers were made to |
||
| MasiSports in December 2022. |
|||
| Maths Momentum | Support for a Maths Lab to improve |
Maths teaching at Ukhanyo | Primary |
| School in Masiphumele | |||
| Primary School | Covers general needs at Ukhanyo Primary School in Masiphumele |
such | |
| (General) | as buying school uniforms | ||
| Primary School (Stationery) |
Covers stationery needs at Ukhanyo |
Primary School in Masiphumele | |
| Teen Girls Art | Setting up and equipping an Art club |
for teenage girls | |
| Ukhanyo Sport | Covers general sporting costs at Ukhanyo Primary School in Masiphumele such as buying school uniforms |