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← Medic To Medic

2024-06-30-accounts

Charity no. 1149904

Medic to Medic

Report and Unaudited Financial Statements 30 June 2024

Medic to Medic

Reference and administrative details

For the year ended 30 June 2024 For the year ended 30 June 2024
Charity number 1149904
Registered office 7 Shortway
Amersham
Buckinghamshire
England
HP6 6AQ
Trustees Trustees who served during the year and up to the date of this report were
as follows:
Robin Schreiber Chair
Dr Bryony Hamel
Dr Elizabeth Howard
David Howells
Dr Robert Stones
Chief executive officer Dr Tamsin Lillie
Management committee Robin Schreiber
David Howells
Bankers Lloyds TSB Bank PLC
286-288 Station Road
Harrow
Middlesex
HA1 2EB
Independent examiners Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

1

Medic to Medic

Report of the trustees

For the year ended 30 June 2024

The trustees present their report and accounts for the year ended 30 June 2024.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

Structure, governance and management

On 23 July 2019 the charity was converted to a Charitable Incorporated Organisation (CIO), with the name Medic to Medic and charity number remaining as 1149904 and continued in that same format for all of the present period.

During the year and up to the date of this report, no trustees resigned and no new trustees were appointed – details of all resignations and appointments can be found on page 1 of these accounts.

The management committee who served during the period, were:

Management committee members are elected or appointed on an annual basis, with officers being elected from the membership of the trustees.

The management committee has assessed the major risks to which the charity is exposed and is satisfied that systems are in place to mitigate exposure to the major risks.

Objectives and activities

Medic to Medic believes that access to healthcare is a human right but is unequal both between and within nation states. Shortage of trained healthcare professionals is a major driver of such inequalities:

Public benefit statement

The trustees confirm that they have had regard for the Charity Commission guidance on public benefit when reviewing the charity’s aims and objectives.

Achievements and performance

It is the policy of the charity that all funds are used for furtherance of its objectives.

The attached financial statements show the current state of finances. Overall income was £108,598 and overall expenditure was £99,093 leaving a surplus of £9,505.

Our cash balance at the end of the year was £66,238 which compares with a cash balance of £54,730 at the end of the previous year.

2

Medic to Medic

Report of the trustees

For the year ended 30 June 2024

The charity’s bankers are Lloyds Bank plc located at Harrow, Middlesex.

Review of charitable activities

The Chief Executive Officer, Dr Tamsin Lillie, writes:

During 1st July 2023 – 30th June 2024, Medic to Medic supported a total of 83 individuals, across 12 colleges in Malawi and a further 13 students within Africa, bringing the total number of students supported to 96. This year saw the expansion of our scholarship support to include a new cohort of students from the Bachelor of Dental Surgery (BDS) programme at Kamuzu University of Health Sciences.

Our student community in Malawi included 10 dental students, 7 medical students, 4 nursing students, 2 physiotherapy students, 1 pharmacy student, and 1 palliative care nurse, training at the Kamuzu University of Health Sciences; 7 nursing students and 8 optometry students training at Mzuzu University; 4 clinical officers and 1 registered nursing student training at Ekwendeni College of Health Sciences; 9 students training at St John of God College – 2 in the diploma of psychosocial counselling, 6 in clinical medicine/psychiatric nursing and 1 in certificate of clinical medicine; 3 radiographer students, 2 optometry technicians, 1 pharmacy technician, 1 dental therapy student and 1 environmental health student training at the Malawi College of Health Sciences; 11 students training as nurse midwife technicians with 7 students at Trinity nursing college, 2 students at St Johns Institute for health, and 1 each at Nkhoma and Mulanje Mission Colleges. Three additional students training with a certificate in clinical medicine (2) and a certificate in pharmacy (1) at St Johns Institute for health. One student training in biomedical engineering at the Malawi University of Business & Applied Science (formally known as the Polytechnic); two audiology students at the African Bible College; and one student studying respectively in BSc medical imaging, BSc medical microbiology and BSc immunology at Malawi University of Science and Technology.

Our students outside of Malawi included 1 postgraduate student completing the Master of Paediatrics in Ethiopia; 1 dentist training at the University of Nairobi; 3 medical students in Uganda (2 at Mbarara University of Science & Technology and 1 student at Kampala International University Western Campus); 5 medical students in Zambia (3 at Eden University, and 1 each at University of Zambia and University of Lusaka); 2 pharmacy students at Eden University and 1 student training in Environmental Health at Levy Mwanawasa Medical University. 34 of our community graduated, bringing our total alumni to 230 graduates. We are currently in the process of analysing this year’s graduate survey and will be releasing these results in due course. As our alumni community grows, the graduate survey becomes more complex to coordinate and will likely change to a 18 – 24 month cycle.

This year saw a significant step forward in our elective programme, which is an opportunity for us to fundraise sustainably in partnership with our Malawian community. We have partnered with 5 hospitals in Malawi (Zomba Central Hospital, Mwaiwathu Private Hospital and three Christian Health Association of Malawi (CHAM) hospitals (St Peter’s Hospital on Likoma Island, Trinity Hospital in Nsanje and St Johns in Mzuzu)) to be able to offer a range of experiences to international medical students wishing to undertake their electives in a low resource setting. Through the elective fee we are able to provide a scholarship to 1 Malawian student for 1 year. Therefore the more medical students come on electives with us, the more scholarships we can provide to trainee health workers in low resource settings!

3

Medic to Medic

Report of the trustees

For the year ended 30 June 2024

Many elective students end up working alongside our graduate alumni in the facilities where they are placed and have the opportunity to meet members of our student community. They are able to understand the important role of scholarships in bridging the gap to accessing medical education for many students from poor backgrounds and the impact of our organisation on the ground. They are also able to develop a greater appreciation for the complex dynamics associated with NGOs in international development space.

Each medical student who comes on an elective in Malawi is strongly encouraged through our support and guidance to undertake an elective project and additional fundraising for their location site. Projects this year have ranged from undertaking an audit of existing health facilities and semistructured interviews with health workers to providing period poverty packs to 300 young girls at schools on Likoma Island. International medical students are able to develop project management skills which will be useful to reflect upon during interviews with humanitarian organisations that they may apply to work with in the future as qualified doctors. These small scale projects have been hugely impactful, bringing in an additional 10 million Malawi Kwacha which has all been spent locally. We look forward to working on the ground with more of our hospital partners to develop projects for the future elective students.

As part of our elective programme international medical students are given the opportunity to have between 4-6 Chichewa language lessons over Zoom before they arrive. They are matched to one of our students who has volunteered to be a tutor. The student tutor is given an additional stipend for their time. Each lesson is recorded and uploaded to YouTube on an unlisted link so that the lessons can be revised at a later time. Additionally, our graduates host tropical medicine tutorials ahead of time, to give students preparation in key diseases and conditions that they will encounter which they are unlikely to have faced during their training to date, namely malaria, HIV, TB, neglected tropical diseases, common childhood presentations, malnutrition, obstetric emergencies, surgery in Malawi, dermatology in the tropics and a session on medical ethics for elective students. This pre-departure preparation enables us to prepare elective students before they arrive so that they have had cultural preparation and readiness.

So far we have had 9 students through our medical elective programme and look forward to hosting more students in the year ahead. With the elective fundraising we have so far been able to sponsor 1 new student at Trinity College of Nursing and undertake training for 28 graduates to become mentors for all of our student community which has enabled us to increase our holistic supports to our students by providing peer mentors.

We look forward to the year ahead as our elective programme and in country fundraising continues to develop in Malawi. We hope to launch our Walani helpline in the coming year. It has continued to be delayed due to financial constraints. We hope you are encouraged by the progress we have made and will continue to support us as we venture in the future supporting the next generation of health workers where they are needed most.

4

Medic to Medic

Report of the trustees

For the year ended 30 June 2024

Financial review

The results below show the total income and total expenditure for the last three financial periods.

Total income
Total expenditure
Net income / (expenditure)		 Total 2024 Total 2023 Total 2022
£
£
£
108,598
122,911
121,194
99,093
124,838
121,939
9,505
(1,927)
(745)

The key things to note are:

The results below show the net assets comparison for the last three years:

Debtors
Cash at bank and in hand
Creditors: amounts falling due within 1 year
Net assets		 Total 2024 Total 2023 Total 2022
£
£
£
3,711
5,534
18,059
66,238
54,730
51,952
(2,040)
(1,860)
(9,680)
67,909
58,404
60,331

The key things to note regarding net assets are:

5

Medic to Medic

Report of the trustees

For the year ended 30 June 2024

The table below shows the total charity funds status for the last three years:

Restricted finds
Designated funds
General funds
Total funds		 Total 2024 Total 2023 Total 2022
£
£
£
4,000
11,216
20,213
12,000
9,000
9,000
51,909
38,188
31,118
67,909
58,404
60,331

The key things to note regarding total charity funds are:

Reserves policy

We have an existing policy to build up a reserve fund of £15,000 by the end of our next financial year which would be sufficient to see most of our existing cohort of students through to graduation in the unfortunate event of the winding up of the charity.

Our reserve fund balance stood at £12,000 (2023: £9,000) at the end of the year. Due to the gradual increase in overall student numbers that Medic to Medic support, it is planned to review this target every year to see if it requires to be increased in the future.

Statement of responsibilities of the trustees

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:

6

Medic to Medic

Report of the trustees

For the year ended 30 June 2024

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 30 November 2024 and signed on their behalf by

D W Howells

David Howells - Trustee

7

Independent examiner's report

To the trustees of

Medic to Medic

I report to the trustees on my examination of the accounts of Medic to Medic (the CIO) for the year ended 30 June 2023, which are set out on pages 9 to 19.

Responsibilities and basis of report

As the charity trustees of the CIO 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 CIO’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.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

Date: 30 November 2024 Robert Wilson FCA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

8

Medic to Medic

Statement of financial activities

For the year ended 30 June 2024

Note
Income from:
Donations
3
Other trading activities
4
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
Net income / (expenditure)
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Restricted
£
21,953
-
-
21,953
-
29,169
29,169
(7,216)
11,216
4,000		 Unrestricted
£
83,163
3,391
91
86,645
6,763
63,161
69,924
16,721
47,188
63,909		 2024
Total
£
105,116
3,391
91
108,598
6,763
92,330
99,093
9,505
58,404
67,909		 2023
Total
£
117,320
5,560
31
122,911
5,182
119,656
124,838
(1,927)
60,331
58,404

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 14 to the accounts.

9

Medic to Medic

Balance sheet

As at 30 June 2024

Note
Current assets
Debtors
11
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
12
Net assets
13
Funds
14
Restricted funds
Unrestricted funds
Designated funds
General funds
Total charity funds		 2024
£
3,711
66,238
69,949
(2,040)
67,909
4,000
12,000
51,909
67,909		 2023
£
5,534
54,730
60,264
(1,860)
58,404
11,216
9,000
38,188
58,404

Approved by the trustees on 30 November 2024 and signed on their behalf by

D W Howells

David Howells - Trustee

10

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

1. Accounting policies

a) General information and basis of preparation

Medic to Medic is an unincorporated charity registered in England and Wales. The registered office address is 7 Shortway, Amersham, Buckinghamshire, England, HP6 6AQ.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Medic to Medic meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

d) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

e) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

11

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

1. Accounting policies (continued)

f) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

g) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of direct costs, as follows:

2024 2023
Raising funds 7% 4%
Charitable activities 93% 96%

h) Stock

Donated stock is not valued in the accounts, as it would not be practicable to assign a value to individual items.

i) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

j) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

k) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

l) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

12

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

1. Accounting policies (continued)

m) Foreign currency transactions

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end. All gains and losses arising from foreign currency translation are treated as unrestricted.

n) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are foreign currency revaluation as described in note (m) above.

2. Prior period comparative: statement of financial activities

Income from:
Donations
Other trading activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income / (expenditure)		 Restricted
£
£
34,968
82,352
-
5,560
-
31
34,968
87,943
-
5,182
43,965
75,691
43,965
80,873
(8,997)
7,070
Unrestricted		 2023
Total
£
117,320
5,560
31
122,911
5,182
119,656
124,838
(1,927)

13

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

3. Income from donations

Regular giving
Grant income
Fundraising donations and appeals
Other donations
Gift aid
Prior period comparative
Regular giving
Grant income
Fundraising donations and appeals
Other donations
Gift aid		 Restricted
£
£
-
48,607
19,673
-
-
15,969
2,280
8,255
-
10,332
21,953
83,163
Restricted
£
£
-
48,816
16,000
-
9,658
14,629
9,310
4,519
-
14,388
34,968
82,352
Unrestricted
Unrestricted		 2024
Total
£
48,607
19,673
15,969
10,535
10,332
105,116
2023
Total
£
48,816
16,000
24,287
13,829
14,388
117,320

4. Income from other trading activities

Sales of donated goods

2024 2023
Total Total
£ £
3,391 5,560

All income from other trading activities in the prior year was unrestricted.

5. Government grants

The charity did not receive any government grants in the current or prior year.

14

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

6. Total expenditure

Grants payable (note 7)
Governance costs
Fundraising
Sub-total
Total expenditure
Prior period comparative
Grants payable (note 7)
Governance costs
Fundraising
Sub-total
Total expenditure
7.
Grants payable
Grants to institutions:
Allocation of support and governance
costs
Tuition fees, allowances and study
support tools
Programme coordination
Tuition fees, allowances and study
support tools
Programme coordination
Allocation of support and governance
costs		 £
-
-
-
-
6,584
6,584
179
6,763
£
-
-
-
-
5,084
5,084
98
5,182
Raising
funds
Raising
funds		 £
£
13,914
-
73,840
-
2,149
-
-
2,606
-
-
89,903
2,606
2,427
(2,606)
92,330
-
£
£
1,564
-
111,301
-
4,530
-
-
2,359
-
-
117,395
2,359
2,261
(2,359)
119,656
-
2024
Total
£
73,840
Charitable
activities
Support and
governance
costs
Charitable
activities
Support and
governance
costs		 2024
Total
£
13,914
73,840
2,149
2,606
6,584
99,093
-
99,093
£
1,564
111,301
4,530
2,359
5,084
2023
Total
124,838
-
124,838
2023
Total
£
111,301

All grants payable relate to transfers of funding to Medic to Medic's new sister charity in Malawi: Medic to Medic Limited, charity number C1609/2022.

15

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

8. Net movement in funds

This is stated after charging:

Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration:
▪Independent examination (excluding VAT)		 2024
£
Nil
Nil
1,700		 2023
£
Nil
Nil
1,550

In common with other charities of our size and nature we use our auditors to assist with the preparation of the financial statements.

9. Staff costs and numbers

The charity has no paid staff. The key management personnel of the charity comprise the trustees, none of whom were remunerated in the current or prior reporting period.

10. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11. Debtors

Other debtors
Gift aid accrual		 2024
2023
£
£
-
537
3,711
4,997
3,711
5,534

12. Creditors: amounts falling due within 1 year

2024 2023
£ £
Accruals 2,040 1,860

16

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

13. Analysis of net assets between funds

13. Analysis of net assets between funds
Current assets
Current liabilities
Net assets at 30 June 2024
Prior period comparative
Current assets
Current liabilities
Net assets at 30 June 2023
14. Movements in funds
£
Restricted funds
Student support
5,475
Medical equipment
-
Helpline project
5,000
Computer equipment
-
Transport of books
481
Cyclone Freddy
250
Adverts
10
Total restricted funds
11,216
Designated funds
9,000
General funds
38,188
Total unrestricted funds
47,188
Total funds
58,404
At 1 July
2023
Unrestricted funds		 £
4,000
-
4,000
£
11,216
-
11,216
£
14,133
1,000
-
6,700
-
-
120
21,953
-
86,645
86,645
108,598
Restricted
funds
Income
Restricted
funds		 £
12,000
-
12,000
£
9,000
-
9,000
£
(19,608)
(1,000)
(4,000)
(3,700)
(481)
(250)
(130)
(29,169)
-
(69,924)
(69,924)
(99,093)
Designated
funds
Expenditure
Designated
funds		 £
53,949
(2,040)
51,909
£
40,048
(1,860)
38,188
£
-
-
-
-
-
-
-
-
3,000
(3,000)
-
-
Transfers
between
funds
General
funds
General
funds		 £
69,949
(2,040)
Total
funds
67,909
£
60,264
(1,860)
Total
funds
58,404
£
-
-
1,000
3,000
-
-
-
At 30 June
2024
4,000
12,000
51,909
63,909
67,909

17

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

14. Movements in funds (continued) Purposes of restricted funds

Student support To cover student tuition fees and other education costs. Medical equipment To supply medical equipment packs for the supported physiotherapy, nursing and medical students.

Helpline project To improve the mental well being of medical students in Malawi by providing a 24 hour confidential helpline peopled by mental health professionals.

Computer equipment To purchase laptops to be used by medical students which the charity supports.

Transport of books To cover the costs of both surface and sea freight for transporting medical books.

Cyclone Freddy To provide on the spot and immediate help and assistance to people who have suffered from the aftermath of Cyclone Freddy. Adverts To fund adverts placed in medical journals about Medic to Medic activities and providing donation details.

Purposes of designated funds

The designated funds are to ensure the charity has sufficient funds to see the current cohort of students through to graduation in the unfortunate event of the winding up of the charity.

Transfers

To top up designated funds in line with the charities reserves policy.

18

Medic to Medic

Notes to the financial statements

For the year ended 30 June 2024

14. Movements in funds (continued) Prior period comparative

Restricted funds
Student support
Medical equipment
Helpline project
Computer equipment
Transport of books
Cyclone Freddy
Tree planting
Adverts
Total restricted funds
Designated funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds		 £
16,810
1,988
-
-
1,415
-
-
-
20,213
9,000
31,118
40,118
60,331
At 1 July
2022		 £
4,534
-
5,000
10,940
36
11,658
1,840
960
34,968
-
87,943
87,943
122,911
Income		 £
(15,869)
(1,988)
-
(10,940)
(970)
(11,408)
(1,840)
(950)
(43,965)
-
(80,873)
(80,873)
(124,838)
Expenditure		 £
5,475
-
5,000
-
481
250
-
10
At 1 July
2023
11,216
9,000
38,188
47,188
58,404

15. Related party transactions

The trustees and CEO donated a total of £1,450 (2023: £2,630) to the charity during the year.

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