REGISTERED CHARITY NUMBER: 1141004 Report of the Truslees and Unaudited Flnancial Statements for the Year Ended 31 December 2024 for HIPPO POOLS TRUST Richardson Swift Audit Limlted 11 Laura Place Bath BA2 4BL HIPPO POOLS TRUST Contents of the Financlal Statements for the year ended 31 Dacember 2024 Page Report of the Trustees Independent Examlnerfs Report Statement of Flnancial Activltles Balance Shoet Notes to tho Financlal Statements Detalled Ststement of Flnanclal A¢tlvltles HIPPO POOLS TRUST Report of the Trustees for the year ended 31 December 2024 The Iruslees present their report wlh the finandal stst8ments of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of AC￿U￿ting and Reporting by Charities: statement of Recommended Practice applicable lo charities prepaTiNJ their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. OBJECTIVES ANO ACTIVITIES Objectives and activities Hippo PcM)Is Trust is a community development and wildllfe cL￿Servation non-profit organization. The Trust works with impoverished communilles in the Shamva and UMP districts of Zimbabwe. The Trust was set up by Sally Plummer, who first visited Zimbabwe In 1998 and subsequently s81 up Hippo p￿lS Trust (previously known as the Ambuya Foundalionl with the Charities Commission in March 2011. The Trust aims to provide.. sponsorship of education, community healthcare, local school infraslnjcture. the running of an anli-poaching unit and conservation courses. This 8l¢gns with the promotion of the Trust's motto "People and Wildlife Togethert. TSOKODEKA CLINIC Through our Cllnic {built and opened in 2015) we Can help out patients who cannot afford further care needed from doctors, consultants and hospitals. Often this means bus travel to Harare - this used to cost USD2 and is now USD12 one way. ACHIEVEMENTS AND PERFORMANCE Students Three of our students have opted lo not retum lo Zimbabw8, where gven for the well-qualified the availability of jobs is so lim5ted, Delight remains, now legally, in Canada ,and Beauty has a n8w US visa- both are chefs. Garikal has completed hls Msc in accounting and finance in the UK., sadly, he's now with a dete￿oratIng job market here in the UK however continues to wob* hard on this. T8tenda has a good job with the animals al Bally Vaughan Game Park outside Harare in Zlmb8bwe. Blessed has completed his solar engineering qualifications. Lostanda is in the USA as a trainee Chef, and Spaslar will follow her next year. Sifelani is awaiting his final resuRs from Bangari Secondary School. The Camp The sad closure of Hlppo Pools Wildemess Camp in UTnfuNdzi Park reported in 2023, has led to our projects In local schools have ceased. After persistent undennining of our work and staff by Garura village, the trust needed to ￿￿entIfy and implement projects has gone. The torture and violent assault of the 8aera brothers in a differanl part of Umfurudzi Park made up our minds. Both dying men were dumped at night at our Clinic in Tsokodeka on the other side of the Mazowe river. There appears to have baen no interest from the police in investigating this. The brothers both died in hospital in Harare. We fell we cotjld not rfsk the weware of our staff and guests In such a lawless area. Our reduced local involvement has coinaded with Increased gold mining activities managed by Chinese n81*)nals. Garura and some other vlllages have inmted them lo dig across their land. Instead, we are focusing actimties on individuals, both our long-lem) students, and people in immedlate need in the community. FINANCIAL REVIEW Reserves policy The Iruslees, reserves p)licy is to maintain enough reserves lo enable operating activities to be maintsined. Should the worst happen. trustee Sally Plummer, will fvnd the charity if reserves don't cover the operating costs needed to ensure the future of the charty. STRUCTURE, GOVERNANCE AND MANAGEMEfrir Governlng document The charity is controlled by ils goveming documont, a deed of Irusl and constilules an unincorporated charity. Page 1 HIPPO POOLS TRUST Raport of the Trustees for the year ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1141004 Prlncipal address Hilltop Midford Lane Limpley Stoke Bath 8A2 7GR Trustees S J Plummer RFLowe D V R¢xklngham-Gill VT McHugh T Tipping H S Kingsley-Heath Independent Examlner Catherine Edwards Richardson Swift Audlt Limited 11 Laura Place Bath 8A2 4BL ADMINISTRATION Cheryl and Anthony fves, the deslgners, builders and managers of Hippo Pools Camp for over 10 years ar8 now working for another organisalion in Kariba. However. Cheryl conts'nues lo act as HPT Administrator when necessary. Our thanks go lo them, and the other staff al the camp and in Harare for their creative work and long-lemi support. Finally. many thanks lo our Trustees and supporters for thelr advice and encnuragement through this difficult year. 25108r2025 Approved by order of the board of Iruslees on ............................................. and signed on Its behaff by.. S J Plummer- TNste8 Page 2 Independent Examlnerfs Report to the Trustses of Hlppo Pools Trust Independent examinerfs report to the trustees of Hlppo Pools Trust I report lo the charity trustees on my examination of the accourits of Hippo Pools Trust Ilhe Trust) for the year ended 31 Decernber 2024. Responslbilitias and basis of report As the charity Iruslees of the Tnjsl you are resronsible for the preparatlon of the accounts in accordanee with the requirements of the Charities Act 20111'lhe AcV}. I report in respect of my examination of the Trusfs 8ccounls carried out under S￿lI0n 146 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145{5)Ibl of the Act. Independent examinevs statement I have completed my examinallon. I confirm that no material matters have come to my attention in connectwjn with the examillation giving me cause lo believe that in any material respect.. accountTng records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do not accord ￿th those records,. or the accounts do not comply with the applicable requirements conceming the form and conlenl of accounts set out in the Charities lkncounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair wew which is not a matter considered as part of an independent examination. I have no concems 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 trj be reached. Catherine Edwards Richardson Swift Audit Llmited 11 Laura Pla 8alh BA2 4BL D81e'. Page 3 HIPPO POOLS TRUST Statement of Flnanclal Activities for the year ended 31 December 2024 2024 Total fvnds 2023 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM t)C￿allOnS and legades 34.927 311 35,238 255,184 EXPENDITURE ON Charitsble actlvities Charitsble Activities 187,984 311 188,295 172,120 Other 4,242 4,242 2.226 Total 192,226 311 192,537 174,346 NET INCOMEI{EXPENDITUREI {157,299) {157,299) 80,838 RECONCILIATION OF FUNDS Totsl funds br￿ght fowrd 185.199 185,199 104,361 TOTAL FUNDS CARRIED FORWARD 27,900 27,900 185,199 The notes form part of these financlal statements Page 4 HIPPO POOLS TRUST Balanco Sheet 31 December 2024 2024 Totsl fvnds 2023 Totsl funds Unreslricled fund Restricted fund Not8S CURRENT ASSETS Debtors Cash at bank 3,007 26,893 3,007 26,893 25,599 161,600 29,900 29,900 187,199 CREDITORS Amounts falling due wlthin one year 12.000) (2,0001 (2.OQO) NET CURRENT ASSETS 27,900 27.900 185.199 TOTAL ASSETS LESS CURRENT LIABILITIES 27,900 27,900 185.199 NET ASSETS 27,900 27,900 185.199 FUNDS Unrestiictsd fijnds 27,900 185,199 TOTAL FUNDS 27,900 185,199 The financial statements were approved by the Board of Trustees and authorised for Issu8 on 2510812025 . and were signed on its behalf by: J Yiummer- I ruslee The notes fom) part of these financial ststements Page 5 HIPPO POOLS TRUST Notes to the Flnancial Statements for the year ended 31 December 2024 ACCOUNTING POLICIES Basls of preparlng the financial staterngnts The financial statements of the charity, which Is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Aco)unling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard appllcable in th8 UK and Republic of Ireland IFRS 1021 (effectlve 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial slalements have been prepared under the historical cost convention. Income All income is recognlsed once the charity has enlillemenl lo the itwme. 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 incomiro resources received or generated for the charitable purposes. Volunteer lime is not induded wilhln the accounts. Expenditurg Liabilities arg recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 11 is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all c4)sl related lo the category. Where costs canml be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resour￿. Expenditure is induslve of I￿eCoVerable VAT. Grants offered subiect lo conditions which have not been mel al the year end date are noted as a commitment but not accrued as expenditure. Taxatlon The charity is exempl from tax on its tharitabl8 activities. DONATIONS AND LEGACIES 2024 2023 Donations Gift aid 32,231 3,007 232,977 22,207 35.238 255,184 CHARITABLE ACTfviTIES COSTS 2024 2023 Charrtable actiwlies Grants to individuals 180,318 7,977 133,057 39,063 188,295 172,120 Within Charitable Activities is £772 restricted expenditure. Page 6 continued... HIPPO POOLS TRUST Notes to the Financial Statements - cOn￿nUed for the year ended 31 December 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefrts for tt)e year ended 31 December 2024 nor for the year ended 31 Dec£mber 2023. Trustees. expenses Th8re were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES All incomlng and oulgolng resourGes are unrestricted. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other debtors 3,007 25,599 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other Gredilors 2,000 2,000 MOVEMENT IN FUNDS Nel movement in funds Al 31.12.24 At 1.1.24 Unrestrlctgd funds Ganer81 fijnd 185,199 1157,299) 27,900 TOTAL FUNDS 185,199 11 $7,299) 27,900 Net movement in fvnds, Incltjded in the above a￿ as follows.. Incomlng resources Resou￿5 expended Movement In funds Unrestricted funds General fund 34,927 1192,226) 1157.2991 Restrlcted funds Tikki Hywood 311 1311) TOTAL FUNDS 3S,238 1192,5371 1157,299) Page 7 continued... HIPPO POOLS TRUST Notes to the Financlal Stataments . continued for the year ended 31 December 2024 MOVEMENT IN FUNDS- continued Comparatlves for movement in funds Net movement in funds Al 31.12.23 At1.1.23 Unrestricted funds General fund 104,361 80.838 185,199 TOTAL FUNDS 104,361 80,838 18S,199 Comparative nel Thh)vement In funds, inclLMled in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds Gener81 fund 254,456 1173,6181 80,838 Rastrfeted funds Tikki Hywood 728 1728) TOTAL FUNDS 255,184 1174,3461 80.838 RELATED PARTY DISCLOSURES The charity recenied donath)ns under gift aid provisions of £1,800 (2023 £1,800) from Richard Fox Lowe, Injslee. The charity received donations of £10.000 (2023 £65,000) from Purton Propety Company Ltd, a company controlled by The Hon Sally Plummer, trustee. The charity re￿1Ve￿ donations under gift aid promsions of £10,075 (2023 £100,080) from The Hon Sally Plummer. lrtjstee. The charity received donations of £10,000 (2023 £65,000) from Speen Propaty Trust Co Lkl, company controlled by The Hon Sally Plummer, trustee. Page 8 HIPPO POOLS TRUST Detailed Statement of Financial Activities for the year ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Donations Gift aid 32,231 3,007 232,977 22,207 35.238 255,184 Total incoming resources 35,238 255,184 EXPENDrruRE Charltable activltles Hippo Pools Trust Zimbabwe rikki Hywood Trust Camp closure Grants to indivKluals 127,971 772 51,575 7.977 132,177 880 39,063 188,295 172,120 Support costs Governance costs Accountancy and legal fees Bank charges 3,858 1,goo 326 4,242 2,226 Total resources expended 192,537 174,346 Net (expendlturellin¢ome 1157,299) 80,838 This page does not form part of the ststutory financial stalerrEnts Page 9