Charity number: 1141004
HIPPO POOLS TRUST
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

HIPPO POOLS TRUST
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers
Trustees. report
Independent examiner's report
statement of financial activities
8alance sheet
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 2022
Trustees
The Hon Sally Jane Plummer
Mr Richard Fox Lowe
Ms Victoria Trinetle McHugh
Mrs Heather Suzanne Kinqsley-Healh
Mrs Tana Tipping
Mr David Vladimir Rockingham-Gill
Charity reglstered
number
1141004
Prlnclpal offlce
Hilltop
Midford Lane
Limpley Stoke
Wiltshire
BA2 7GR
Accountants
Bishop Fleming Bath Limited
Chartered Accounlanls
10 Temple Back
Bristol
BS16FL
8ankers
National Westminster Bank
24-25 Stall Street
Bath
BA1 1QF
Sollcltors
Thrings LLP
2 Queen Square
Bath
BA12HQ
Page 1

HIPPO POOLS TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their annual report together with the financial statements of the Hippo Pools Trust for the
year 1 January 2022 to 31 De￿mber 2022.
ANNUAL REPORT
OBJECTIVES AND ACTIVITIES
OBJECTS AND AIMS
Hippo Pools Trust is a community development and wildlife consetwalion non-profit organization. The Trust
works with impoverished communities in the Shamva and UMP districts of Zimbabwe. The Trust was sel up by
Sally Plummer, who first visited Zimbabwe in 1998 and subsequently sel up Hippo Pools Trust (previously known
as the Ambuya Foundation) with the Charities Commission in March 2011. The Trust aims to provide..
sponsorship of education, community healthcare, local school infrastructure, the running of an anti-poaching unit
and consetwation courses. This aligns with the promotion of the Trust's motto People and Wildlife Together
ACHIEVEMENTS AND PERFORMANCE
INFLATION & COMING ELECTIONS
Our year in Zimbabwe has been overshadowed by both inflation and next year's parliamentary elections.
Zimbabwe has been ranked 'lop' of world inflation, at 2850
above Venezuela, and Sudan. How can this
happen in a country with so much natural wealth? A massive gold rush continues, with swathes of Umfurudzi
Path being mined illegally by big and small operators, and the Magnifi￿nt Mazowe River muddy from panning.
A series of films on the smuggling of gold revealed that billions of US dollars-worth of gold was being secretly
taken out of Zimbabwe lo Dubai by a few individuals. All along the roule key people would benefit from this, but
not the population in general.
The parfiamenlary elections will be held in 2023. The rural area where the Trust works is highly polilicised.
Everyone has lo express a belief in the ruling ZANU-PF party. Physical harm is threatened to anyone who
opposes it.
EDUCATION
Within this environment, the Wilderness Camp managed lo continue to operate and provide jobs, and our
Management team pul major efforts into maintaining the income stream. A particular success has been the
School Camp,. word clearfy gol round private schools that this was a great pla￿ for children lo visit.
Our sponsored students are working hard to gain qualifications that will get them good jobs. Delight Tomson
completed his Hospitality School course with a year in a magnificent hotel in America. Faith Novanani followed
the same course and will do a year in the US in 2023.
Inspired by our successful first chef, Marlon Mudzora
now happily married with a baby daughter
Beauty
George opted for the Chef course al the Hospitslity School, and Lostsncia Mambozi is expected lo follow her
there next year. Being a chef is a tough bul rewarding job and is a very Iransferrable skill across the world.
Blessed Simango completed his Electrical Engineering certificate with flying colours and then started a similar
course in Solar Engineering. Garikai Makore is working temporarily as a translatorlsupetvisor at a Chinese
Lithium mining start-up near Harare. Next year he will come lo the UK to take a Masters Degree in Accounting &
Finance,. his education was disrupted by Covid, and this will get him back on track. Finally young Sifelani Mafulo
is continuing his schooling al a private college in Marondera.
Our support lo local schools has reduced for both good and bad reasons. Bangari Secondary School had a
major event with the Minister present lo celebrate the completion of all school buildings. 11 is now the lop school
in this rural area. Sadly, we withdrew from Kutsokodeka Primary School on discovering that a senior teacher
had stolen building materials supplied for the new classroom block. Nothing had been done to alert us, nor to
pursue the matter with the police.
Page 2

HIPPO POOLS TRUST
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
HEALTH
11 was decided lo concentrate on Kulsokodeka Clinic, where Sister Masara has proved her worth over many
years Sin￿ it opened in 2015. The Clinic serves 10 villages and about 4000 people. We continued to provide
basic supplies and some drugs.
"THE COUNTRY IS LAWLESS"
Directly over the Mazowe river from the Wilderness Camp is Garura Village where for many years we have
operated a small Wildlife Park for our visitors. There has always been a strong relationship here, particularly with
the Village Head, who became local Councillor for all Maramba area. However, the relationship stsrted lo break
down towards the end of 2022 when the lease for the Wildlife Park was due to renew. It became obvious that
the new lease was being withheld from the Trust, both by the Councillor and the local Council. Then we heard
that the Councillor had relinquished his role as Village Head and passed it to a younger brother, a man many
feared. Conversations and meetings ended with one of the Trustees visiting the brothers in the village and
finding that ZANU-PF youths had been waiting lo beal him. Fortunately, he and our female lawyer, somehow
avoided this bul both were threatened, and money extorted, then finally released physically unharmed.
This is being written in 2023 and the Trust has not been able to sel fool in the Park for almost a year., we fear
that many of our animals are dead. Zimbabwe's inflation rale continues to rise and, as the new Village Head
pronounced ' the country is lawless, we can do what we want."
All this is happening at a ts'me when our Chair tends lo be unwell, and the amount she is able lo donate lo the
Trust has redu￿d. We are therefore looking to conserve funds for Education and Health and continue to use
excess income from the Wilderness Camp for any additional projects.
These events are a microcosm of what is happening in Zimbabwe, there are many good people in the country
who deserve much beller.
FINANCIAL REVIEW
Despite the challenges explained above, income has increased lo £252,987 from a prior year total of £165,938.
11 appears as if a decrease in expenditure for the 2022 year lo £176,08412021.' £262,6001. This has landed the
Trust with a positive nel movement in funds of £77,903 compared with a deficit in the 2021 year of £96,662.
RESERVES POLICY
As slated within the'the country is lawless section above, donations from the Chair have reduced, therefore the
Trust are looking to conserve funds for Education and Health. This will allow the Trust lo continue ils operations
in future years.
At the year end, free reserves were £104,36112021.' £26,458).
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 lo adopt
the going concern basis in preparing the financial stslemenls. Further details regarding the adoption of the going
cOn￿M basis can be found in the accounting policies.
Page 3

HIPPO POOLS TRUST
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
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.
FINANCIAL RISK MANAGEMENT
The Trustees have assessed the major risks lo which the Charity is exposed, in particular those related lo the
operations and finances of the Charity, and are satisfied that systems and procedures are in place lo mitigate
exposure to the major risks.
Approved by order of the members of the board of Trustees and signed on their behalf by..
The Hon Sally Jane Plummer
Trustee
Dale.. 2611012023
Page 4

HIPPO POOLS TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HIPPO POOLS TRUST {Yhe
Charity'l
report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31
December 2022.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities
IAccouns and Reports) Regulations 2008. My work has been Ljndertaken so that I might slate to the charity's
Trustees those matters l am required to stale to them in an Independent examinerfs report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the
harity 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 I'lhe 2011 ACVI.
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 14515llbl of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
Your allenlion is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April
2005 which is referred to in the exlanl regulations bul has been withdrawn.
l understand that this has been done in order for the accounts lo 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 confimi that no matters have come lo my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or
the accounts do not accord with those records., or
the accounts do not comply with the appIl￿ble requirements con￿MIng the form and conlenl of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
Chris Tranlham FCA
BISHOP FLEMING BATH LIMITED
Chartered Accountants
10 Temple Back
Bristol
BS16FL
Page 5

HIPPO POOLS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
Unrestricted
fund$
2022
Total
fund$
2022
Total
funds
2021
Note
Income from:
Donations and legacies
Investments
252,987
252,987
165,934
Total income
252,987
252,987
165,938
Expenditure on:
Charitsble activities
175,084
175,084
262,600
Total expenditure
175,084
175,084
262,600
Net movement in funds
77,903
77,903
196,6621
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
26,458
77.903
26,458
77.903
123,120
196,6621
Total funds carried forward
104,361
104,361
26,458
All incoming and outgoing resources are unreslricled. All of the above results are derived from continuing
activities. There were no other recognised gains or losses other than those slated above.
The notes on pages 8 10 12 form part of these financial slatemenls.
Page 6

HIPPO POOLS TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2022
2022
2021
Note
Current assets
Debtors
Cash al bank and in hand
3,392
101,849
2,780
24,478
105.241
27,258
Creditors.. amounts falling due within one
year
10
{880}
18001
Net current assets
104,361
26,458
Total assetslgss current liabilities
104.361
26,458
Total net assets
104,361
26,458
Charity funds
Unrestricted funds
104.361
26,458
Totsl funds
104,361
26,458
The financial statements were approved by the Trustees on and signed on their behalf, by..
The Hon Sally Jane Plummer
Trustee
Date.. 2611012023
The notes on pages 8 10 12 form part of these financial statements.
Page 7

HIPPO POOLS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POLICIES
1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities". Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 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 IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Ststemenl of Recommended
Practi￿ effective from 1 April 2005 which has Sin￿ been withdrawn.
Hippo Pools Trust conslilutes a public benefit entity as defined by FRS 102.
The Charity has tsken advantage of the provision in the SORP for charities applying FRS 102 Update
Bulletin 1 not lo prepare a cashflow statement.
1.2 INCOME
All income is recognised once the Charity has entillemenl to the income, il 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
re￿iVed or generated for the charitable purposes. Volunteer lime 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 paty, 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 lo the govemance of the charity's apportioned lo charitable
aclivilies.
All expenditure is inclusive of irrecoverable VAT.
1.4 DEBTORS
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued al 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 al the balance sheet dale.
Transactions in foreign currencies are translated into slerfing al the rale ruling on the dale of the
transaction.
Page 8

HIPPO POOLS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POLICIES
1.6 FUND ACCOUNTING
General funds are unreslricled funds whith are available for use at the dI￿retIon of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
VOLUNTARY INCOME
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
Donations
252,987
252,987
165,934
TOTAL 2021
165,934
165,934
INVESTMENT INCOME
Unrestricted
funds
2022
Total
funds
2022
Total
fvnds
2021
Investment income - bank interest
TOTAL 2021
Page 9

HIPPO POOLS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
GRANTS TO INSTITUTIONS
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
Grants to Charitable Partners
173,368
173.368
260,100
TOTAL 2021
260,100
260,100
The Charity has made the following material grants to institutions during the year..
2022
2021
NAME OF INSTITUTION
Hippo Pools Trust Zimbabwe - Capital Costs
Hippo Pools Trust Zimbabwe - Running Costs
Ambuya Foundation Izimbabwel
Tikki Hywood Trust
4,893
213,954
3,300
37,953
170.998
2,370
173.368
260,100
GOVERNANCE COSTS
Unrestrlcted
funds
2022
Total
funds
2022
Totsl
funds
2021
Accountancy
Bank charges
Fines & penalties
1,578
138
1,578
138
1,520
880
100
TOTAL 2022
1,716
1,716
2,500
Page 10

HIPPO POOLS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE
Summary by fund type
Unrestricted
funds
2022
Total
2022
Total
2021
Grant making
175,084
175.084
262,600
TOTAL 2021
262,600
262,600
ANALYSIS OF EXPENDITURE BY ACTIVITIES
Grant
funding of
activities
2022
Support
Costs
2022
Total
funds
2022
Total
funds
2021
Grant making
173,￿8
1,716
175,084
262,600
NET INCOMING RESOURCES
During the year, no Trustees re￿iVed any remuneration or other benefils12021- £NILI.
During the year ended 31 December 2022, no Trustee expenses have been incurred12021- £NIL}.
DEBTORS
2022
2021
other debtors
3.392
2,780
3,392
2,780
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Accruals and deferred income
880
800
Page11

HIPPO POOLS TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
11. STATEMENT OF FUNDS
All funds in the current and prior year are unrestricted general funds.
12. RELATED PARTY TRANSACTIONS
The charity reTrived donations under gift aid provisions of £1,80012021.. £2,303) from Richard Fox Lowe,
Iruslee.
The charity received donations under gift aid provisions of £120,00012021.. £50,000) from Purton Property
Company Ltd, a company Controlled by The Hon Sally Jane Plummer, trustee.
The charity received donations under gift aid provisions of £012021.. £40,000) from The Hon Sally Jane
Plummer, Trustee.
The charity received donations under gift aid provisions of £600 12021.. £6001 from Victoria Trinette
McHugh, Trustee.
The charity received donations under gift aid provisions of £120,00012021.. £20,000) from Speen Property
Trust Co Ltd, a company controlled by The Hon Sally Jane Plummer, trLJStee.
13. CONTROLLING PARTY
The Trust is controlled jointly by the Trustees, there is no controlling paty-
Page 12