Hope4Malawl TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2026 Charity Registration Number: 1151124 Hope4Malawi FOR THE YEAR ENDED 31 DECEMBER 2025 Contsnts P•g• RofererK• and adm1nlstrab.￿ Infon Trustees, reF4)rt Irthpendent oyamw￿8 ret*Jt Stslement Offin•￿￿4 athrbes Bda￿￿ sheet Notes to the fina￿1￿1 stknwnts 10 12 1&21 Hope4Malawi Rofgren¢e and Admlnl•tYallv• Information Tru81888 Mark GcDJman Guy Stephenson (apwint￿ on 19 Awil 20251 Salty Cunliffe lappcinbj on 19 April 20251 Retecca Swenson {ap￿nt&￿ on 19 Awil 20251 Ajunda Young Sherry Sprunt Chri$tin8 Guilbert {reti￿j on 2 M8y 2￿26) Charhy r•gl•tw•d nUffib￿ 1151124 26 Northey Avenue Sutton SIA2 7HR Key man•g•menl pOr•onn￿ Ssra GcKth8n Mark Goodm Chgris Mi Indepgnd•nt Examln•r MrArlhur Mwryn W(ffi8thn. 32 Shitsy Avenue. Ch8am, SUttC￿. Surrny B•nkorn CAF B￿k 25 Kings HIM A¥￿U Kings Hil Wesl MallirKJ Kent ME194JQ HoWMal Trusteo•' Roport for tho yoar •ndod 31 Docemb•r 2025 Trust￿ present the Tntstees, Annual RepM for ￿ yw ended 31 Decemtw 21r25. This report has been prepared in ￿cordarKe with HoFe4Malawi's Q￿StitutiC￿, the Charities Act 2011, the Charili¢$ Statement CO R¢wnmended Pr*ice 2019 (Char￿e$ SORP (FRS 102)) arKI Financial Réporhng starKla￿ 1￿2 {FRS 102). STRUCTURE. GOVERNANCE AND ￿NAGEMENT Govemlng Document Hope4Malawi ￿ a Chanlabl8 Incorpryal•a Or￿lsaI￿n. Et k* goNwn&J by its Constitution. RKrnltm•nt and •ppolnlm•rt ol TfU•t••• On an annual basis. the tM)ard of trustees reviews the s￿.11 sds of the biJstee8 to hjentty If fvrther tr118tees should te r￿irted. R￿L1￿Ment is b88e(l uwn 8ethrKJ peopl8 ￿1th.. passion for the V•rJrk of the charty, the requislte skill 8ets being Sought. arKI preferabty expenence of rural Ma￿. Trustees are Ind￿ and tralned using malerfth from othw tntstee8 and th& Charlty comffdsglc￿. Ory•nl••tlonal Structsr• TIL￿te8$ make major deci81￿& at tru8te88' meetings wfiere tha strategy and value8 (rf th organi88tion are agre& and Vtt￿e an￿L￿1 t￿￿#S. and granls are agreed. A small finatxe su eommthe handleg day to day finarte t¥*abons •nd p8ymwts. Trustets d•l*Jgte day-ttrday mwapgriwl ofth8 tharity to a UK Op8rabon8 T88m cc#npn8ing Sara arKI Mark Goojman. p* rnerter Lrf 81aff and N8H Amtlw. a UK b9wJ dke¢tc* of Hop¢4Dovobpm¢nt Hope4Malawi very with FWDe¥dopment Ltd la lAath•￿In r¢gi$tsrod NGO arKI company limrted by guarantee fomed in 20211. In tha last years most of the on the ground OF¢ration$ and prr¥3ram￿ in M81&*i are ￿ njn by Hop84C￿￿)rArent usirKJ grants from Hope4Mal&•A. In 8ddth.efi to the three threLt¢¥s nam8d above Ihern are three ma1￿￿n Directorn. Th888 diT￿t01$ we Chos￿ aftsr v8ry ¢aTrful ¢>Thideration both of their skill set and link8 vAth th8 l community bul at30 their chwxter WKI CM8tian faitlk A rr￿K¥and￿M of Understandirg •￿sts belv￿1 Ihe oryanisatioro. Hope40evelopment in M8l*h has eyparthd ow Vle last years nNemploy8 around 2S staff who are organised inlo 5 teams ty a Centre Mw. Thr4 i8 Part of our ethos that the training Fwgrammes arKI prlects shcAJld be njn sustalrw ty for M*%Man HoFe4Malawi h88 (Th roKI membw of p￿S￿rte1 in 2Q5. Th￿[ p8y vras set by 8eeking to ben¢hm*k Ihe ro18 ￿aInSt equwalent th and taklr¥J Inio w>unt thfr ol 8klll and experience the su(£e88ful empbyee W. Rl•k man•g•m•Tht Th8 TTL￿teaS beli8NP trw are a*ar8 of m4or risks to th8 chadty i8 expowj and that o)ntrols are in p*e lo mffj.gate them. A Risk Regtster ts li u¥e arKI the Twstees aNn for robust management oversvJht. The Trustees consb*the rL8ks and un￿rtaInbe9 facing the Ch￿ty. Risk- A statwt of what ¢)2thY High levets of in1lat5￿ aThJ d￿A￿lOn8 makes it harder for FK#)r maknvi￿ to ew the ate tXMinimi￿ Msk Manage timir¥J ofcash l1cN￿ c￿efUIty Hop•4hlalawi Trustees. Report lor th• y•ar gndgd 31 Decombor 2025 Difftcutt5es in partners findiro staff delrv8r qualty ￿UCallOn Sup[M￿ partners in rÉrscm in Mthi. .Ir Hire k￿1 e Increa8e coffmunity engwent and suptx)rt and use Ictsl role mcthls to h81 Monitor irwmg costs ￿reluty. Only slart tAFildiryJ projects c¥Ke funds have been Communibes may not to In¥ESt kn Ih chibjren's education ¢th arKI dev&)p a regular sup[￿rt base. Truste￿ and spgufic d¢￿or9 fund UK costs of charty in the UK. other donors, monies go to R93￿aT C￿lMun￿￿t￿ffl lo supporte Fund Asin Hope4Malawi'8 overall aim 1$ the rel￿ ol FQVaty. Our mwn strategy to this 18 to educate the next generation $0 that they can beccme economk in(*endent. Educatiffl encompa8888 government primary schools. secondary schoob. ￿1Ver31t18S and collwJos. We also rwni58 hcw broken relab"on8hips wthin communth8 and nations conthbute to povety as does moral failurès la.g. lack of Integrty and ￿COun￿bil￿ ar¥J Fthver abuse.) Th9refore, we also provlde educgtion In Christlon faith and tharxtar at our Skllls Centr•. Our pr(wJramm88 are available to FeOF4e of all faiths. HoF¢4Malwwi 18 Y￿rkIng lo imwoNt educatsona (yJtcome8 for. pnmary schoc4 students at ChirrNMnte FP, ChipAwp•**ts FP. Malund8 LEA. and T¥ani FP, gecondary gchoKI students at Hope CDSS. 8g¢ondary echool stLKlent¥ sel•¢t•d to Natp?nal & and spcKffjor&* by H4D from the aforwnentthed wmary 5chc¢Jls, Hope CDSS graduates attending ¢Axrw at Hope Sktllg Centre. JAna vill￿. and . unNer8ity and colage otyderts ¥pwJn8ored by H4D. This educational wyk takes ￿ace in wificaréas arKI 8choolB locaknl in Tr*JitlonalAuthc￿ty Somb8 to tho South of Blanlrye. Using the Malawian ¥Thmmenl framvwork the sctial ecor￿mI development In Malaw, our wyk ts pa￿"C￿la￿Y in the areas ot. Human Capital Dsveiopment - EdWlon and Skllls Developrnent Immed 8crw8 lo edur*t￿n Adequate and appropriate infra5tnthTe for all18arn￿ te ImFryed literaGy Improv&J quality of edLKd( M•a•urn• u*ad to monltor progrM• The folthA"ng measures are monito￿d regu￿. the measures irKlU￿￿ fffjm 2(r21. Numter of ￿h0o1 chihjm fed 8ach day Hope4Malawl Trusto•5' Report for tho yoar ended 31 Doc￿b•r 2025 School children fed each school day 2f 2023 •H(we CDSS llMpe4n￿ LEA •Chipwefft FP In Sepknber 2025. the m￿mba fe•Jiry kvcgTamme that wag started in September 2013, was hended over to Ihe US not for profit Feed the hungry. Their main charIlab￿ o*"e¢tive 1$ rolieving Foverty through feeding programmes. This rr￿an8 that the monies u8¥d for the feeding programme wil be used lo ImwJv818am￿￿ t¢xhlro rewir(28 In the WIM￿ Sch￿￿8 that are the leeder Sch￿48 to Hwe CDSS. Buildings constructed in schools io 2024 Buildirys aro onty start•J fuThJlTrJ Is kn Fl•x In 2025, sl¥bJ 3 t￿Id￿1g$, Inc*Klng a large hal at CDSS. Number ol ￿rnary sbJd*)ts: Na1￿81 & CDSS. Tervary Students Provided with bursaries 150 IL¥J 2022 2023 2025 ter of schcol rcles {e.g. guards. meSS￿geT5. litrxarians, Igb HoP￿Ilalaw1 Trustso8' Rgport for th• year ended 31 Dec￿nber 2026 Roles in school funded ID 2022 2024 The primary School supixyt 18 in th• gchoc4 h"t¥arbèg wlth our Ittw ￿￿ran￿n0. 4•A Hope4Dav8lopm8nt Staff at tho 8thorJB fTK)St Bchcd d•￿. A8 the 8W)NKlary 8ch(yJl g*s bigger, then It Is Jbte lo lund for more of own Sup[￿ staff. School leavers funded onyouth Development Programme io btcotsyi •2tr24 •2Q26 Prfnclpal Fundlng Souvc•• The main 80UFce of income the charlty we irM1p4Kluals tr￿ts. ACHIEVEMEpifs AND PERFORMANCE Completion of a double classrc￿l I￿{￿K at HoFe Corrnnunlty s￿O￿￿Ory Sthool 1£1.5WI. Two fomi enty started in Septemter 2￿5, u$iTrJ cTh d the clasSrc￿M$. The improved design atso promded a Heajs of DeFOrtrnent office. Graduation of studwts from (￿r fiTrt yew hjng y¢￿ Devekynent pr(>3ramme ts 25 s￿Ond¥Y schwl graduates1£11.686). The second cthort slarted in Seplemter 2025. They are en989ed in ￿tIVe leaming offath, tharadw, bL￿rneSS ar￿ lrfe thlls. Try are uThJertaking Wofk placement Cc￿8 in area$ like.. laik)ring, txjikling, welding, bjikdirwj, tske maintenance, literacy. Fed over 1,700 sthool students e￿h schwl day1£18,091). 103 burneriea pmided tg a¢¢¢xid•ry •nd twtiary •duG•tion •¥tablithmont•1£24,1041. EdLtcational resources prowded to primary and secorthry gchods1£15,053}. Our UFULU projramme &lucated boys arKI girls on pubety. menstru*on provided sustainablé ￿Enstr￿al woducts so thal the gir18 can atterKI sc*cKJl all the Our Farn 1$ kyovbying If))J for the Skn115 Centre progranmas and 1$ stsrbrva to ￿lucate m￿￿tr8 of the I￿al ccmmunrty on ttAnpJsb"ThJ. Ttrus wthbutes lo IMP￿vIng Fcx*J s￿rity in th8 It￿1 rea. Howmalawi Trustees, Report for tho yoar onded 31 Docwnbor 2025 PubHc benerrt The Trustees believe tlw have comJied the duty in section 17 ofts charit￿ Ad2011 to hame due regard lo the pubknc tenefft gUIdar￿ puuished by the Chanty CommissM)n. AJI the actNthe8 of the Ch*lty {as b8kxi) LThJertkn to further it8 charilab purposes lor public tenefft. We are io pr￿￿ and relEve poverty by training Ihe next genwation of yt￿rtg rè)ple. Educat￿ in primary SCI￿)IS.. Provi5icn of litnrians and da888s. ￿luCat￿* rey¢yJrtts (tèxt txxk8. ch*, Thpcharts for the SCI￿1. A5 soft Cpmr exercise bcK)ks, ￿n5 St￿nts). Provi$wyt of phaLq lor certa"n 8ch(x)18 every th momwig. Ufulu lfreedom) Fryrarn￿￿ I￿￿sir￿j on •Jolwnt devek)pmrt sexual wJr(>#LKlion. labonghips and awaren￿ of ViLle￿. EdLKal*￿ in 8econdary sctmb.. Hope Ccrfnmunity Day s￿orKlary SthcK4 Infra8twcttJr8'. Pru4iwon of a dwt49 dassrctth bbxk and sclth de8k8 Funding towards a laboratory some schcd guwth, Provision of school unrfomi for all students, and eAu¢ationd resour￿ It•xt book8, chglk, flipcharts, for the ¥th¢)ol, A4 soft c(Ner exerci￿ tooks. pens for St￿Jer￿). Provi51on of fvll and haw ￿raar￿ fcf 79 8tudents who are frrxn Foor familigj. Prowsicn of phala ts lunch every s¢hxA day. Additsonally. prwde iwr8m $8¢c*thry slLKlonts from franilies are transportati￿, unifcmi a 8m414k)wan Ed￿ttOn in tertiary education.. We yThide ¢JnNer8itylt￿n￿d c* bJrnaM8 for rj tho 8tudent8 we hamp 8ponsorgJ * ¥econdary school. The tryjrsary covers ￿•JeMi¢ fees. a mnthly liwrKJ alk￿ance and trans￿l0n. StLKl8nts also th at the HO￿ sk￿18 Centre in their holthy8 to eam extra monle8. We offered 30 places on lh8 Yojth Dgvgbwent Programme to alumni of Hope CDSS and of our secondary schcd National & District burnay prcgrnmme. A number of the alumni opted to r tske fom 3 and 4, hthilst otherg ff￿ved w from the 25 8tudentsjoined the YOP and have been engaged In act6ve bèaming of faith, ¢h¥¥tsr, trw$iness and life gkilL8. Try are undertaklrvJ work ￿8¢ement cthjrses in areas like.. taik)rirvJ, tAM"kling, vAding. t￿ildIng, ts'ke maint¢narKe, Iltsra¢y. 19 cLmnp￿ted the first cohc¥t aTra 21 stsrted the cthorL Three of18st yearfs YDP are nthv workirMJ for us to make Ihe unrforn trAt 18 ne8ded by Hop8 Community Day Schod. Other Edwa1￿. Add￿onallY, we are 8180 prov*JTrtvJ training in house buikjing and COTwting ts very poor adults. In the UK we help UK ￿￿K￿)I pu￿18 undersland the ¢1￿m81anCeS and ¢th￿lenge$ of the INes of school pupils in nral MakvA. Reliefwork.. V•P hav8 con1inu￿ to hglp ryr buiklings damvd li s1cffl￿ in 2024 and 2025. P>388 HoWMalawl Trustsos. Report for tho yoar •ndgd 31 Docombor 2025 Volunts•rn' contribution Our volunteers a8SiSt in fun&ra5ing. spyJnsorship communica11c￿5. ax￿n￿.nq an(i rr supporL Invgstmont policy The Hope4Maawi Trust auttK￿"se￿ the Tntsta88 to m8ka su¢** investrnent5 as they d88m 8pprcyriate. This IrN8stsmsnt Pofw restrio*s investments to any of thè follcwng". Bank de￿81t8 81 UK FSA aut￿r￿￿ed banks". Gitts., CDS issued by FSA ￿Jth￿ed institu1￿8 wrth a ralir4 of AA or tetter. Share5 and Se￿Jrit￿, rf the shares aTrJ 8ecuritss are for *#uevement of the Hopa4Malawi Obl￿ts. *d Land and buiklings, if the larKI aThJ buildiry are nec*888ry for the athlevemerrt of the Hope4MalavA obiects. In 2025. funds were split bets¥een UK sp￿￿j bodl95 banks and ￿j￿dIng sothdes to en$uro full FSCS proledi¢x and improve interest irKc(M. Wo fjar￿d bank interest of £6.349 (2024.. £8,209) Gr•nl maklng polky We may make grants to Malavnan organ￿atr.0nS WI￿ are 8lKJn&J ￿ our strategy. In 2025. all of our grants are made to HoFe40evelopment la Malawn ￿rnPany limrted ty guarantee, Company number.. TMBRS 1013380 and NGO Board regi8tralk)n No.. N￿lLr22}025I. OUT strategy 18 alignad th theirs and tsvo of our Irustees are directors of H¢jpg4DwAopne￿c and a m￿Or8[A￿UM of understsnding agreed with thwn. FundrnlBlng Funds were rawed in Ihe ways.. Individuals made monthty payments to the charity WPFthing sw8ored children and the gener81 running of the Charity. Fun¢J raising and commurucation events br￿Jg￿t in additional funds. Grants fr(￿ trustg ar¥J yxhctyJls that ￿ approxlTh1 vth ¥edfic Don#t￿n$ TèceNed from churches. In liie Y￿th the reports'ng rwuirfftts Included in the Charitss Act 2018 the Tru8t883 are ple89&I 10 confirm that all fvndraisiTrJ is ¢kn8 in ¢c*nptim ￿ryth t*sl fundraiglng practvx No (yjmplaints were receNed about tyJr prac#ices. Relat•d p•rtl•• Mark & Sara Gc4Jdman are d*￿tOrS of NGO Hope4DeveW￿nt. Th InteractiC￿5 etween Hope4Makwi and Hope4D￿￿¥%nent is govem&J by a rr*morand￿n of understsndiThJ Signed in 2024. Hope4Malawl Trusto05' Report for tho yoar •ndod 31 Do¢￿bOr 2025 FINANCIAL REVIEW The TTUStees are so grateful to the many supFortets. churches and Trusts vtho ￿ntinUe to gve fin8ncialty And gaenficjally to Hop84Mal¥+4i. The inccxne in 2025 was £2￿.9￿. We remain very gratoful for our onwng poth8rship with Tmity School in Croydon who run a numb¥r of large $cale fund raising events in the yew in 2025 released funds to us so that the classroom block could tÉ bullt at Chip•. A group of St￿nts from the Sch(￿ visrt and Involved in prol&t mogt year& In 2025 ￿￿9$ Ety Sctwl Cambridge also got involvaj wrth fundraising (partly through a nurnbèr of challenges JustGMivJI for th& S8cC￿d phase building al Hope. Supporter wsits also invr￿ed fvndraising partiajtaty for the equipping and launtth of the Ski118 Centre. Various supportW8 raiged monw through Ihe Ju8t Grving ￿attO￿n through sponsored run$. walks and other everts. Detsiled ffigurns and nots$ on expendthre cwt be seen in the folbyMTWJ pagès. Ai80 8et out bol under ftrture ￿en$ the dets￿$ of a￿m￿￿t￿l funds wil te u8ed over tha next y8ar8 for th8 conslrLKkn"on of new classrc•)m blc¢ks. to1￿ and a large hall at Hope CDSS as well as cL888room ￿Ixk at Mafvnd?. In 2025 the charity was atrAe to malntaln undertaklThJ that all genef81 d￿￿t￿)n¥ wll go directly work and development in Malwm. HoFe4Maawi fun(ts all UK running c<*ts thrtyjgh grty Specif￿llY made to cover these costs by a small number of tru8lee8 and surwrters. The costs of trustae, volunteer 6UPFQrter tsam v181ts to Malv*i ar? 8dl-fvTh￿t, malnly by matthing ¢4Mtributh)n8 mad& to th harity. RMerv88 Pollcy H0￿M#S*￿ télthw that funds are glven to te U8•J for ts minhty, 80 SI￿k1 bo U8•a in a time￿ manner after dug ¢￿s￿rat￿)n of the Trust88s. Its r858rves Folicy 15 to ènsure that there are suffiaent cash ￿ourCeS. within th8 Genwal Flmd arKI the m*ntenance fund, to eover 6 months, contractual expendrture. Additionalty. it18 scThettm8s r*Legsary to gUPFQrt more complex p￿ects or Inlllatives ov•r vthich may be lonw than one year aThl, in Ih88e fAr¢um$tanco8, money may be designated for a on the understanding that r( will be SFent wthin an agregj time frame. Addibordly, a Ixrffw cl £5,CKXI is kopt for Unpknr￿ relief Al 31 De¢ombor 2025 tha cP¢rity h*1 re8W￿ of £386.767. of £59.701 wa¥ restricted and £307,Ce6 wa8 unre8lric￿l. Futuro plans We plan to cc¥)tinue our inter￿1￿$ in pyimwy. t￿y¥jary twb'ary ￿Uc3ti￿. In tèrms of infrastructurg we ￿￿1 ￿ntInue fvrther building woth at HoFe Crmmunty Day Secondary Schcd. Th18 Involve8 the cOM￿et1￿ of 2 dassrooms, and the ¢onstructNM of toilèt blcth and a 8chool Hall. We also wish to con81rucl a d￿ble classroom and li￿ bhxk at Mafunde primary ￿h¢￿. Vrfe aso to Cons1￿ te*hiTrJ aThJ aJmwd8lTailon blxk at How Sklls Centre, w that in time we ¢8n have stream enty lo t￿ Y¢)uth Cwdcynent Prcgramme. OLf third cohort wll start in September 2026 and wish to slart to give business slart4Jp funding to YDP alumnl in th8 Lg81 quarter of 2026. We wil also te pn)VKlirwJ furlher secondary sthool Ix¥¥a￿S and Iwtiary ￿Ucation Hope4Malawi Tnwtggs. Rgport for tho ygar ended 31 Docember 2025 STATEMENT OF TRUSTEES. RESPONSIBILMES The trustees are respMjnsib￿ for preparing the Trustees. Re￿ finanaa statements In accordanc8 with applubte law United ￿r0d¢Y￿ ACC￿nti￿ Standards, including Financial Reporting Standard 102.. The Financnl Repgrbng Standartl appli¥bl& in th9 UK anaf Republ￿ of Ireland {Unlted Kirwdom Generally A￿pted Ac£ountirwJ practs.￿l. The law apF4icable to charilies in Engknd and Wthg requires thè trustoès to wepare financial Statemants for &a¢h finawal year vthi¢h give a true fair of the state of affairs of the charity and of the in¢offe and exFendrture of the chanty for that p￿￿. In prepaTirwJ these financial statem￿ts, thè Iru8tee8 ¥e rwuired to: deLt 8UitaL48 a￿Unting FdKies then ap￿ thwn con8ithnty.' observe the m8thcd8 and pr1r￿lE￿a6 in the Charlb¢8 SORP; make judgments and acu)unting estimates that are reasonable and w￿￿nt.. state whether appliCa￿e UK A￿Unting Standards have be￿ folkThvJ, to ￿Y m*dal d8parture8 dlsclosed al￿ explair￿d in the finawal statements. and prepare the financial statements on the wng concem b8818 unl888 It Is an8p￿0prtsts to pre8um8 that tha charity wll continue in bu81r￿S. The trustees afe resFN)nslble for malnlaiThng pry ￿)unIOr￿J r￿d5 dl8cIo8e w6th reasonable accuracy at any limg Ihg financial p￿111￿ of the tharity and enable them to ensure that the financia5 statements ￿mplY wth tre Charthes Act 2011. T￿Y are also responsib￿ for 8afeguardiNJ the as8ets of the charity and hen￿ for ¢akn'n9 regwn8Ne steps for the wevention arnd detecllon of fraud and other irrg3ularibe8. Thg Tru¥tee8 resKIrt was approwd on 4 June 2028 and $KJn￿l on bahall of the Tru8t•o9 by.. Mark Goodmgn TN*t Indepondont •xamin•es roport Hope4Malawl On accounts for the year •ndad 31￿ 0￿*Mb￿ 2025 Chartty no Irf any) 1151124 ch*ity fthe Tru8fi for th8 year endgj Re•pon•lbllltlo• and ba#1# ¢)1 Mport hs ¢hartils trustees. you are resWJ￿1b￿ ftythe preparatton ofth accounts in ￿rd￿8 vath the requyernents ofthe Charltles Act 2011 {'th• Aci.). I reFQrt in respga of my examinaticn of the Tn￿t'S account8 carried out under se£th￿ 145 of the 2011 kt and in carrying out my examination, I ha¥* all lh8 awuble DIr￿lon8 gven by the Charity Comml8s under a￿tlE￿ 145(5llbl of the ACL Independent examlner'5 statement The charivs grcw income exceed￿ £250.CW aThJ l 8m qualth•J to undertake tho eX•mInalK￿ by being a qualifi&J member of FCCA &FCM I hm u)mk4ebJ my exam1r￿￿￿. I cujfifm that no materi81 mattern ttave come to my attentwi in connackn with thè examination {other than that disclosed belN'I V•ti¢h 9N￿ came to belvA that in. any mat8ri01 TesFert the x¢wntsng re¢ords vwe ncA kerrt in axrder to enable a Kryer understanding of the axounts to be reached. s￿n•d. Ir T.1 £016 ARTHUR M J W)LFFSOHN R•l•v*nt profegglonal 4￿￿1￿e￿10nI•l. FCCA FCMA P￿0 10 ¥X+ Howmalawi Balanco Sheot as at 31 Decombor 2020 2025 2024 Curnnt *uéts 10,825 Cash al ty￿k hand 388.793 387.885 402.761 Cr•dliorn'. Amwnl8 du• wllth ( yèar 10 1,118 15.113 N•t ¢urr•nt ••wts .767 387,848 12 3￿.767 387,6d8 Fund• General Funds D8slgnated Funds 11 232.056 310,304 77,284 R08tr1ct•d Fund 11 ,701 Totsl IwNI• .767 367,648 The not•8 1-13 fomi part of th890 statwnent& 2028 8ThJ ¥e s*Jr￿j on bthaif ofth8 tx)¥d by.. ct,. C-La- Mark Goodman Trust• 12 How4Malawl Notes to the Financial StatMn0￿ for the year onded 31 DeCem￿r 2025 ACCOUP4TING POLICIES Hope4MaavA is a Chanlat4e lncrxW￿ I￿niSatth f8JiSter&J as a cl* in Eroland and Wales. The principal off￿e is address of the regi$terwJ offKe is 28 Northey Avenue. Ctteam. sLrtt￿ SM2 7HFL B••h ol prnp•ratloTr The financbal sLith￿ts have begn W•Far•J under the Chariti8s A¢t 2011. and In accordance wlh the Ch8rrtie3 Statement of Reccrfnmended Pracllc8 2019 {Charfties SORP (FRS 102)), and Fir￿¢￿ RewrtiTrJ Sta*ard 102 IFRS 1021. The financid statemerts are prepared In 3terh'ng, rcAJr)ded to the nearest pound. The charfty 18 a Public Bgnefit Entty as defi￿￿ by FRS 102. Assets arKI1sabilibes are initially rgcognwl at historical cojt ry transaction vath unl858 Lthephise Stat￿ In the relevant ￿c￿jntfjng Folicy. 12 Golng conc•rn Al the lime olapFYowrolts flnancial st&wnwts, IheTnffjte88 havea rea3￿31)Ie exrActa that the charity has adequ*e re￿Urc￿ to o)ntlnue In operational ￿StenCe ￿ the foreseeable fvtsjre. Thus lh& Trusteés Cont1n￿ to the goino coneem basis of *￿￿ntityj in wepwing the finanlial statem￿15. 1J In￿m9 All Income Is includ&J In the Slatemwrt of Financjal ISOFAI when charity is lagally eTrt￿ed to the inciyno. rt is probabla that the l￿ffle wll bo r￿6￿1 and the amount can be reliably meagured. Donations arKI gifts. other than legxies. ara ¢yedited lo the SOFA on feceipt LegacwJ are credited to the SOFA *i the year in whieh the ber*fxtor died whgra the amount ￿¢£￿able can be relHtAy determined aTrJ rt is Fycbable that rt will be rwAived 1A Exp•ndllurn All ¢xrenditure is as scth as a kbilty is c￿Sid￿￿j probatrA8, and has b clas￿fi•d urvjgr he*Jiffjy that •3gregate all costs relthj to ts cAkegory. Expendrture on chafitat4• xtiviti88 18 incurr&J on (tiredy und•tsknng the xtMti¢s wh futher the Charitys obl￿ti￿. aj any supwt C03ts. Cuh at bank and In h•nd Cash at bank and in hand Irt1￿ cash and $hryt4erm highty liquK1 investr￿ts with a st￿t maturity of three or less frun ￿ date of ¢y wing of the deposit or ¥imilar aC￿￿nt. 1.6 Cr•dltor• and provl•loM Cf8ditors and we wnis&J V*there the charity has a present oblTrath'l￿ ￿l51r￿j from a pa3t evtrnt that w¢ll PTobaWy wult in the transfer of fiJnds to a third ￿rty and the arn￿nt due to 8etU& ts c*ligabcn can be mea8w￿ or estimated rel￿bly. Crwlitors are Finan¢l•l Instruments The Charity onty has financial assets a￿1 finanual labilrties of a kiTrJ thal qualify a5 basic financiql irthments. Bas￿ financ#al instnjments we inrtramy recoJnis&a at tran5ath.on value and subsequenuy nwsw•J at their seillement vaje Imth the except.on ofbank loans bthich 13 Hopo4Malowl Notes to the Flnancial Stat•m•th for the y•ar ended 31 D•c•mbor 2025 ACCOUPrnN￿ POLICIES (conllnu•d) Fund accountlng General funds arè unre8tr¥￿ a¥a￿atIO ts u8e 8t the diwetion of the Truslges in furtherance of the general ol¥ethw of the Charity 7*thic* have not trAen de5Jgnated for other pwrrtj￿. IA Re8tricted funds fvnds vthi¢h are to be in accordance with sp¢ific re5trlclions impo8fyJ by dorKM5 or Iwe baen rased ty th8 Ch¥ty pat*"cular purFoses. The costs of raisirvJ and &lministèn"ry such fiJrKls we charg&J against the SFeC4n¢ fund. The aim ar¥J Ltse cd e￿h restri￿￿ fund IB 8et in th8 to tha finanraal st*am￿ts. 1.9 Accountlng e•llmat•s and Judgomgrrt8 Thgre were no signtficant estimates and ￿K1geM￿ts made ty th8 charity. 2025 2024 Total DonatloNJ Legacies SpOn80r8tr￿P Youth Deveh)pm¢nt Trinty InCw￿ for Glft ald 168.049 208,449 232,192 10,000 35,751 18,857 49,387 25.623 33,124 5,605 16,290 33.124 16,290 20,C(12 28,0)2 194.051 93M19 287,470 371,810 2025 Totsj 2024 Totsl F￿¥t d MuJic nwjht ￿ted by Tirn Vine 3,177 3,177 3,177 3,177 14 Hop84Malawl Nots• to th• Flnaneial statomo￿ for the year •nd•d 31 Dewnber 2025 Inveotrnonts 2024 Total Bank Interest received 8.349 6,349 6.209 Exp•ndlturn an ch•rltsbl• •ctl 2025 2025 A¢tlvftl•• Grant Undortak•n Fundlng DlrKty AGll¥lll•• 2026 Support 2026 Tot•1 2024 Total Ongoing Prograrnmes Swn51yshlp schemes Building projects Programmas at Chipwey•¥ete fvnded by Trinity Costs of ￿m8 lin8nced by other fur￿$ Skills Cantre & Youth Development Programme Longer tern purchases- ts"kss, fumitur8, library, lab equipment Project Managem8nt Trustee costs Team and SUPFQrter (x*ts Mala Staff costs rthryed to supp￿ cc¢ts {rKrte 61 13. 24.104 18,304 31,990 27.898 105,362 12.213 24,211 31,844 50,000 47,099 102.894 11,250 1.259 13.361 14,820 5.907 33.203 41,783 18.487 13.544 14,313 4.000 8.116 3.547 11.663 8.857 21,791 21,791 11,510 11,737 11,737 24.707 11.510 7.988 24.707 93Mn 199.697 24707 S17￿77 20S.503 Grnnts to Hop84Development Hope4Develowenl Is 8 M8law*n wistered NGO fOrr￿d in 2021. It has similar objectives to Hopg4Molawi and seeks fvnding for woiects from HoWMalaw. It also (y￿S buiklirYJ$ in Malahm and employs staff. It has its govemwKe 3truthire and re&￿1 and xcounts. Grants to HoFE4DEveloprrwt are aFprDv&J by HC￿ma￿ Tnmtees at t￿￿1[ meetings after Gareful discuss*)n aThJ evaluation. Regular descriptive and fin￿191 rgFortirw is required from H4D tracking arKI evaluatiTYJ PnJgre88 on each project Hopo4Malawl Notes to the Flnancial stateme￿ for the year ended 31 December 2025 Grants to Hopo4D•Vok•Wn￿t Icondnued) Hope4M4￿ £199,897 (2W24 £139.250) ofgrnnts to WDevelopment 18,091 Sknll$ Centre BuikliTh3 Hope CDSS Phase 2 ￿11th 50,000 98.116 Equiwient for primary sclKKI8 S￿'H8 Centre Set L￿ts 11.094 4.000 11.000 6,250 4.000 1,250 250 Rel￿fafter Storm Frw*ty Directors Fees H4D 3,547 Hope Sporw8hip Lwd purthased at Hc 4.778 11, £199,697 Total £139.250 2025 2024 2,555 2,370 15,529 3,233 1,032 2,188 Ir￿lanCe Adrninistr8tor ojsts Bank charges Exchange rate k*8e81198ins) Acc*jUnts￿ fee 3,193 (205) 1,020 24,707 7,988 16 Hopo4Malawl Notes to tho Financlal Stat•nwnts for th• y••r wKlod 31 De¢¢mber 2025 2025 2024 Wages and salaries S¢xial s&urty costs Penskin 25.723 1,543 27.266 There was on6 nwnbw of 8taff on Keyr￿1 In 2025 Ir*)ne kn 2024}. No mernber of staff reC￿j Fwments in exce88 of £60.000 in the cuwent ￿ ylor y83r. During the year. no tru8tee8 reul￿d &iy reMur￿l￿)n (x cth8r benefits {2024.' £nill. No trust998 wern relmbursed 8XF•ns88 In Iho year12024.' rll). 2025 2024 Tax retsjverabte Prepayments and other dat*or¥ 18.(MX) 2.625 18.50) 17.488 18,825 35.988 10 Cvedltorn: Amounts falllng due within one yeav 2025 2024 Trade Gre(Illo Other credttors Accruals & deferred inrxrfn8 01 920 3.250 10,943 1,057 1,118 15,113 P￿17 Hopo4PJlalawi Notes to the Financial Statamonts for tho onded 31 December 2025 11 Fund• Balanem Exp•ndltyr• Tr•nsf•r• 8alance brought corrled 2028 D8•lgnat•d Hope building Pha8e 2 Solar lamF4 RE resources and Bibb8 75.140 1,589 1.579 (75,140} 11,589) 11,579 78,308 178.knl G•n•rnl Ganeral funds 232.056 203.577 (128.587) 307,oe8 Totsl unrethcbj fund8 310,364 203,577 {128.58n {78,3081 307.066 R•¥trf¢tod fund• Youth Development fund Relief Fund Slomi Fred Nat￿n01 & DistrKI Sporwrship Unlvefsty Spon8cYshlp Hope CDSS 8F<>n8orship Hope buikling Pha8e 2 Solar lamF RE resources and Bib Trir+ity Partnership 21,081 6,169 9.498 13.779 18.C64 (22,017) {7.689) {8.8281 110,839) (19,3221 196,108) 4.e89 7.724 15.963 11,791 13,132 1.s89 1,731 3.102 13,023 13.049 S3.1 75,140 1.589 1,579 1648) {21.881) 8.693 16,29) Total re5trKtwJ knds Tl,284 93.419 1189,310) 78,308 59,701 Totsl lund• 1317.8rn 386.767 P•J*18 Hopo4Malawl Notes to the Flnanclal Slatsments for the year ￿d•d 31 December 2025 11 Funds l¢onllnu¢dl Balanc brought forward Income ExP￿dIl￿re Trnn8for• Balanca carried 2024 DMlgn•l•d Hope building Ph&9e 2 Hope re8ourdng Sdar lamps UFULU Carbon offseth'rvj RE rasc4JrceB and Bibles 74,564 75,140 1.328 1,589 830 750 {1.328) 1,589 16301 17501 1413) 1.579 5.145 (3.121) 78,308 Ggn•rnl General frJnd8 142.460 197.740 (108,1441 232,058 Tolal unrestritxed fLr#Js 147,605 274.024 1111.285) 310.384 R08trlcted lund* Youth Deveknpment fund Relief Fund Stomi Freddy National & District Sp￿rnhiP Universty Spon8LYship Ho￿ CDSS spon¥or8hip Trlnlty Pthershlp 3.435 10,269 19.364 9,244 18,810 18,857 (1,211) I4.1(￿) (15.7341 18.3541 117.7401 147,099) 21.081 6,169 9,498 13,779 18,084 5,868 12,889 18.994 49,387 Tolal ￿$trILled bjnds 67.527 103,995 (94.2361 77,284 Total fund• 215.132 378,019 (205,$03) 387.648 19 HOP￿￿41a￿l Notes to the Financial Statements for the year ondod 31 Docèmbar 2025 11 Funds Iconllnu•d) Youth Dv4•lopm•nt Pwrnmrn• Fun￿ furth uwl b) cwr oxvse trwnor4 equiwnonl & Materi￿8, Staffiffd and lunches. Rollef Fund Storrn Freddy {2023} - fvndB fdi8aJ from a wific appèal. l￿@d to ￿d# Immed￿18 relief for those affected.. also training for and holp ￿th ratrAJilding dama9ad IK*ma8 and infra$truciure as as suppjrtiry initi"atwes to safeguard against dama3e from future storms. Sponaornhlp Fund• Nafjonal & Dlstrl¢t - d¢Y￿K￿8 are u8•J lo supwt the nThl st￿n1'S Secondary edu&ition. ind￿ling S￿￿01 fees. alkJ¥once8, exam fees, transwt and b>)k8. Hopo CDSS- don8b.crts restr￿￿ to Supp￿ s￿ary &lucaon of narned studgrrt8 81 Hopg CDSS aTrJ alw $￿e SchW￿ld8 costs including unrfom)8. ￿￿1p￿n9 lab)ratory and library, t￿her irKenlNes, re80urcing, lunches addthnal supwrt staff. Unlv•rnlty- ¢knaliefjsto suppc#t nam#d stud8nts In tgrtiary &Jucotion inclLhding Hop• bulldlng phaM 2- dOnats.￿ wIm￿ty for tlw l)ulkdirwJ of d888rrATh block8 al to wbablg lrym •)try frtyn 2025. Solar l•mp• - don*w$ gwgn to anab￿ thè purcfA8e of y4Jl#r lamp8 gtudonts could bJrcfyY lo take hjme and enable realin￿Mm￿hrrk in the 6veniThJs. RE Rwour¢•s & BM)l••-donakn gi¥en wwn8rly to Ixbkn. RE or Christian rewurce5 only. Trfnlty P*rtn•r•Np - funds rawdbyTrinty Sch¢￿. Cr￿d￿l0 $upp)rtChipwo Primaryorolher agreed prcIeC￿ Costs Cover￿ include yovK1ing the feeding prc*3ranme, ￿lIdIng and mainta'ning 8chcd infrastructure, like the recent dassrt￿M btsk, plus other re80urclng as agr¢&l ea¢h year. 11 al80 indudes the PerlDJ Povety programme whth 15 uwl fty wjucation crf the yuurwj wple ar)d 8U81ainabl8 SUp￿y. Hop• r••ourtlng- d￿na￿ to eothp Fh)pe CDSS aftar its initial pha$8 1 building. UFULU - d￿￿'on5 deS￿r￿ted to educate girl3 and their knilw and WOVKling 5￿taInab rrffjnstrual wcrflucts so that tlw ran att￿XI s(aKK4 *1 tiw*. Transfers oul of d￿na￿j fundg in 2Q5 rewise Ihal t￿ fu¥J9 hava ncm bèon idèntifiv•J as restrtcled fvnds. Hopo4Malawl Notes to tho Financial Slatwnonts lor tho y•ar ￿d9d 31 Dgcombor 2026 12 Analy•l8 of n8t as￿1• bet*wn fund• Fund balances at 31 t)•¢•nb•r 2025 ar• r•pretrwtsJ by. Current assets cr&JitC￿9 due within one year 308.184 {1.1181 59,701 367,885 {1,118) 307,086 59.701 386,767 Tolal Fund balarKes at 31 Dec•mber 2024 are reprns￿￿l by.. 325,477 115.113} 77,284 402,761 115.1131 Creditors dué withwi I)￿ ygar Total n•t a•8•ts at 31 D•c•mb•r 2024 310.384 77,284 387.848 13 Rd•tsd p•rty tr•n•acth Hefe4Malavl m*ie grants to How4D￿•￿ 88 Set out in Note 5 abm. The charit￿ have commn tru8t8e8 88 exFA&n&4. Hope4Mal8wi alw r8C•iVfrtl dorMtiLv)s frryn Lthgr charilw wtwe Tr*)Fe4MeJwM' trustees are alxl trustees. Pw2t