**Charity number: 1141004**
## **HIPPO POOLS TRUST**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
**HIPPO POOLS TRUST**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 12|
## **HIPPO POOLS TRUST**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Trustees**|The Hon Sally Jane Plummer|
|---|---|
||Mr Richard Fox Lowe|
||Ms Victoria Trinette McHugh|
||Mrs Heather Suzanne Kingsley-Heath|
||Mrs Tana Tipping|
||Mr David Vladimir Rockingham-Gill|
|**Charity registered**
**number**
1141004
**Principal office**
Hilltop
Midford Lane
Limpley Stoke
Wiltshire
BA2 7GR
**Accountants**
Bishop Fleming Bath Limited
Chartered Accountants
10 Temple Back
Bristol
BS1 6FL
**Bankers**
National Westminster Bank
24-25 Stall Street
Bath
BA1 1QF
**Solicitors**
Thrings LLP
2 Queen Square
Bath
BA1 2HQ||
Page 1
## **HIPPO POOLS TRUST**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
The Trustees present their annual report together with the financial statements of the Hippo Pools Trust for the year 1 January 2021 to 31 December 2021.
## **ANNUAL REPORT**
2021 began with an unexpected and very sad event.
Sally Bertinotti, our long-standing friend, cheerleader, and Purchasing Officer, died suddenly on 22 January of a cerebral haemorrhage. Her wonderful energy, and love for people and animals, brought smiles and laughter into many people’s lives. The announcement of her passing on Facebook brought over 500 messages of condolence. Her ashes are buried at Hippo Pools Wilderness Camp, a place she loved. She is greatly missed.
## **MARAMBA, MASHONALAND EAST, ZIMBABWE**
## **COMMUNITY HEALTH**
Through the support of Hippo Pools Trust, Kutsokodeka Clinic continued to supplement Covid and general health care for 4000 people in 10 villages. The staff were also very pleased to receive a large set of solar panels from the United Nations Development Programme. As we had previously installed a smaller system in 2015, the new panels could immediately be integrated, and used to run a refrigerator for Covid vaccines.
## **STUDENTS**
All our students are from the Maramba area of Mashonaland East, and have lost one or both parents, suffering many setbacks and hardships in their lives.
In 2021 has been a great pleasure to see several of our older students taking wing:
Delight Tomson, aged 24, successfully graduated from the well-regarded Hospitality School in Harare. Delight has been sponsored by Hippo Pools Trust since 2011, when he was at Bangari Primary School. He has now qualified for a year-long internship at the prestigious Broadmoor Hotel at Colorado Springs, USA.
Marlon Mudzora, now 26 and a qualified Chef, did an internship at a Harare restaurant, and worked in the Boma Restaurant at Hippo Pools Wilderness Camp. He secured the position of Head Chef, managing a team of 14, at a busy hotel at Beitbridge on the Zimbabwean/South Africa border.
Garikai Makore, aged 26, successfully completed his B.Sc. in International Trade & Statistics in China. This was despite of being kept in Zimbabwe from March 2020 due to Covid. Sadly this prevented him from taking up an internship in the UK. At present he is training as a Chinese interpreter for businesses operating in Zimbabwe, but is seeking an position that will use his qualifications more fully.
Tatenda Nungai, has completed his course in Plumbing & Drain Laying with an internship at Hippo Pools Wilderness Camp. He remains there as an integral member of the building and maintenance team.
The students in Harare are doing well too and moving towards their next stages of life.
Delight’s success encouraged Faith Novanani to follow him at the Hospitality School. She started in January and is enjoying it greatly. She is about to start an internship at Hippo Pools Wilderness Camp.
Blessed Simango, Spastar Kadyevhu, Beauty George and Lostancia Mambozi are all completing their ‘A’ & ‘O’ levels at SPECISS College in Harare. They are keen to continue with careers; they are often inspired by the older students (and by staff at Kutsokodeka Clinic), so careers like Chef, Electrician and Nursing are being considered. We will do whatever we can to help them fulfil their ambitions.
Sifelani Mafuta has completed his first year at Bernard Mizeki College. He lost many years of primary schooling due to hardship so started secondary education aged 16. Without our support this talented young man would have not had this opportunity.
Page 2
**HIPPO POOLS TRUST**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021**
## **CONSERVATION**
Last year we had to report on significant problems in Umfurudzi Park and along the Mazowe River where the Hippo Pools Wilderness Camp is sited. The new Village Head continues to show little regard for our support for the community, for conservation, or for the rule of law. This has included significant aggression towards the Camp staff.
Our thanks go to two of our Zimbabwean Trustees, Mr Jerry Gotora and Councillor Garura, as their interventions have been key in calming the situation.
Also, the staff of Umfurudzi Park, the Police, and the Environmental Departments have all worked alongside us to try to limit the impact that gold panning and gold mining are having on conservation of both fauna and flora.
## **HIPPO POOLS WILDERNESS CAMP**
Covid-19 once again posed considerable problems, but guests still supported the camp, and enjoyed refreshing breaks away from Harare. However, as Zimbabwe went on ‘red lists’ the number of overseas visitors fell significantly.
Finally, towards the end of 2021, the School Camp opened and welcomed its first guests. It has facilities for up to 60 people, in dormitory accommodation, with teacher bedrooms, dining/learning hall, and an excellent swimming pool.
## **TIKKI HYWOOD FOUNDATION**
We are delighted to be able to provide administrative support to this amazing organisation – the most longstanding charity devoted to saving the Pangolin from extinction.
## **OUR PEOPLE**
The pandemic again meant that management and staff, both in the Harare office & at Umfurudzi Park, faced many challenges. Several camp staff who had been furloughed in 2020 decided not to return and new staff needed to be trained. Anthony & Cheryl Ives, Operations Manager & Business Manager respectively, did an excellent job in keeping everything on an even keel. Caroline Lang is now in sole charge of the Harare Office and looks after our students. The Trustees in Zimbabwe, and in the UK, have all been very supportive, and patient with the inevitable Zoom meetings and emails.
I am most grateful to everyone concerned with Hippo Pools Trust for their input and time.
## **GOING CONCERN**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **CONSTITUTION**
Hippo Pools Trust is a registered charity, number 1141004, and is constituted under a Trust deed.
## **METHODS OF APPOINTMENT OR ELECTION OF TRUSTEES**
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Page 3
HIPPO POOLS TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OECEMBER 2021
FINANCIAL RISK MA114GEMENT
The Trustees have assessed the major risks to whKh the Chartty is exF¥)sed. in parbcular those related to the
operations and finan of the Challty, aTrJ are satisftd that sleMS and predureS are in p*e to miti.gate
exposure lo Ihe major rtsks.
This rerL)rt wa
Proved by the trLlStees. on and signed on their Wiatf ty.
32
Th9 Hon Sally Janè Plummer
Trusl
## **HIPPO POOLS TRUST**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HIPPO POOLS TRUST ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accouns and Reports) Regulations 2008. 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 or for this report.
## **RESPONSIBILITIES AND BASIS OF REPORT**
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **INDEPENDENT EXAMINER'S STATEMENT**
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
Signed:
Dated:
Simon Morrison FCA
BISHOP FLEMING BATH LIMITED Chartered Accountants
Page 5
## **HIPPO POOLS TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Note**
**Income from:**
Donations and legacies
2
Investments
3
**Total income**
**Expenditure on:**
Charitable activities
6
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
**165,934**
**4**
**165,938**
**262,600**
**262,600**
**(96,662)**
**123,120**
**(96,662)**
**26,458**|**Total**
**funds**
**2021**
**£**
**165,934**
**4**
**165,938**
**262,600**
**262,600**
**(96,662)**
**123,120**
**(96,662)**
**26,458**|Total
funds
2020
£
199,446
168
199,614
331,102
331,102
(131,488)
254,608
(131,488)
123,120|
|---|---|---|---|
All incoming and outgoing resources are unrestricted. All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above.
The notes on pages 8 to 12 form part of these financial statements.
Page 6
HIPPO POOLS TRUST
BAIANCE SHEEr
AS AT 31 DECEMBER 2021
2021
2020
Currnnl assets
Cash al bank and in harKI
24A78
123.840
27258
123,841
cditOrS.. ftts falling du8 wiuiin orre
year
10
{8001
{7211
Net current assots
123,120
Total assets Igss current liabilitie8
123.120
Total net assgts
123.120
Charity funds
Unrestricted fU[S
123,120
Total funds
123.120
The )Inanaal statements werp approved by the Trustees on and sijned on their behatf. ty.
The Hon Sally Jano Plummer
Trijstee
The noles on pages 8 to 12 fotm part of these financial stlt&
**HIPPO POOLS TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Hippo Pools Trust constitutes a public benefit entity as defined by FRS 102.
The Charity has taken advantage of the provision in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a cashflow statement. .
## **1.2 INCOME**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Voluntary income is received by way of unrestricted donations, gifts and other incoming resources received or generated for the charitable purposes. Volunteer time is not included within the accounts
## **1.3 RESOURCES EXPENDED**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Charitable activities and Governance costs are costs incurred on the charity's educational operations, including support costs and costs relating to the governance of the charity's apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
## **1.4 DEBTORS**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.5 FOREIGN CURRENCIES**
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Page 8
## **HIPPO POOLS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **1.6 FUND ACCOUNTING**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
## **2. VOLUNTARY INCOME**
|**Unrestricted**
**funds**
**2021**
**£**
Donations
165,934
TOTAL 2020
199,446|**Total**
**funds**
**2021**
**£**
**165,934**
199,446|Total
funds
2020
£
199,446|
|---|---|---|
||||
## **3. INVESTMENT INCOME**
|**Unrestricted**
**funds**
**2021**
**£**
Investment income - bank interest
4
TOTAL 2020
168|**Total**
**funds**
**2021**
**£**
**4**
168|Total
funds
2020
£
168|
|---|---|---|
||||
Page 9
## **HIPPO POOLS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **4. GRANTS TO INSTITUTIONS**
|**Unrestricted**
**funds**
**2021**
**Total**
**funds**
**2021**
**£**
**£**
Grants to Charitable Partners
260,100
**260,100**
TOTAL 2020
329,595
329,595
The Charity has made the following material grants to institutions during the year:
**2021**
**£**
**NAME OF INSTITUTION**
Hippo Pools Trust Zimbabwe - Capital Costs
**4,893**
Hippo Pools Trust Zimbabwe - Running Costs
**213,954**
Ambuya Foundation (Zimbabwe)
**3,300**
Tikki Hywood Trust
**37,953**
**260,100**
**260,100**|Total
funds
2020
£
329,595|
|---|---|
||2020
£
11,801
280,590
1,406
35,798|
||329,595|
|||
||329,595|
**5. GOVERNANCE COSTS**
|**Unrestricted**
**funds**
**2021**
**£**
Accountancy
1,520
Bank charges
880
Gain on foreign currency transactions
-
Fines & penalties
100
**TOTAL 2021**
2,500|**Total**
**funds**
**2021**
**£**
**1,520**
**880**
**-**
**100**
**2,500**|Total
funds
2020
£
810
674
23
-|
|---|---|---|
|||1,507|
Page 10
## **HIPPO POOLS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **6. ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE**
## **Summary by fund type**
|**Unrestricted**
**funds**
**2021**
**£**
Grant making
262,600
TOTAL 2020
331,102|**Total**
**funds**
**2021**
**£**
**262,600**
331,102|Total
funds
2020
£
331,102|
|---|---|---|
||||
## **7. ANALYSIS OF EXPENDITURE BY ACTIVITIES**
||**Grant**||||
|---|---|---|---|---|
||**funding of**|**Governance**|**Total**|Total|
||**activities**|**Costs**|**funds**|funds|
||**2021**|**2021**|**2021**|2020|
||**£**|**£**|**£**|£|
|Grant making|260,100|2,500|**262,600**|331,102|
## **8. NET INCOMING RESOURCES**
During the year, no Trustees received any remuneration or other benefits (2020 - £NIL).
During the year ended 31 December 2021, no Trustee expenses have been incurred (2020 - £NIL).
## **9. DEBTORS**
|Other debtors|**2021**
**£**
**2,780**
**2,780**|2020
£
1|
|---|---|---|
||||
|||1|
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||**2021**|2020|
|---|---|---|
||**£**|£|
|Accruals and deferred income|**800**|721|
Page 11
## **HIPPO POOLS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **11. STATEMENT OF FUNDS**
All funds in the current and prior year are unrestricted general funds.
## **12. RELATED PARTY TRANSACTIONS**
The charity received donations under gift aid provisions of £2,303 (2020: £2,312) from Richard Fox Lowe, trustee.
The charity received donations under gift aid provisions of £50,000 (2020: £80,000) from Purton Property Company Ltd, a company controlled by The Hon Sally Jane Plummer, trustee.
The charity received donations under gift aid provisions of £40,000 (2020: £Nil) from The Hon Sally Jane Plummer, Trustee.
The charity received donations under gift aid provisions of £600 (2020: £600) from Victoria Trinette Mchugh, Trustee.
The charity received donations under gift aid provisions of £20,000 (2020: £60,000) from Speen Property Trust Co Ltd, a company controlled by The Hon Sally Jane Plummer, trustee.
## **13. CONTROLLING PARTY**
The Trust is controlled jointly by the Trustees, there is no controlling party.
Page 12