2024-03-31-accounts - Manzi Foundation

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MANZI FOUNDATION

FINANCIAL ACCOUNTS FOR THE YEAR ENDING

31 MARCH 2024

Registered charity No 1156879

CHARITY INFORMATION

TRUSTEES:

Mr Aloys Manzi Ms Nancy Kwizera Mr Matthew Mead Mr Michel Jokbsen Ms Gisele Manzi REGISTERED OFFICE: 55 Woodland Way Hastings East Sussex TN34 2FT CHARITY NO: 1156879

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The MANZI FOUNDATION is registered charitable incorporated organisation (CIO)

Appointment of trustees

As set out in the Constitution trustees are elected annually by the members of the charitable charity attending the Annual General Meeting.

Related Parties

MANZI FOUNDATION has no related parties

Objectives of the CIO are:

TO RELIEVE POVERTY AMONGST THOSE WHO HAVE NO ACCESS TO CLEAN WATER, HEALTH CARE, FOOD, CLOTHES, ACCOMMODATION AND EDUCATION OR WHO ARE DISPLACED REFUGEES IN SUCH WAYS AS THE TRUSTEES SHALL THINK FIT INCLUDING THE PROVISION OF GRANTS OR DONATIONS OF ITEMS OR FUNDS AND SUPPORTING CHARITIES WORKING WITH SUCH PEOPLE.

Structure, Governance and Management

The MANZI FOUNDATION is a Charity. It is governed by a constitution in order to achieve community needs. A management committee composed by trustees is responsible for running the organisation. They meet once every six weeks to determine the affairs of the charity.

STATEMENT OF TRUSTEES RESPONSIBILITIES

Charity law requires the trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial

statements comply with the companies Act. They 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.

Signed and approved on behalf of the trustees

Aloys Manzi Chair

Date: 12/09/2024

MANAGEMENT COMMITTEES CERTIFICATE OF APPROVAL OF THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

We certify that the annexed accounts are in accordance with the records, information and explanations supplied by us as management committee members and have our approval.

For the year ended 31[st] March 2024, the organisation was entitled to exemption from the audit under section 43 (2) of the charity Act 1993.

We acknowledge our responsibilities as Management Committee for:

(i) Ensuring the organisation kept accounting records
(ii) Prepare the accounts which give a true and fair view of the state of affairs of the organisations as at the end of the financial year, and its receipts and payments accounts for the financial year in accordance with the requirement of the charities Act 1993.

Signed by order of the management committee

Aloys Manzi

Date: : 12/09/2024

INDEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

I report on the accounts of the MANZI FOUNDATION for the period ended 31[st] March 2024 which is set out on the foregoing pages.

Respective responsibilities of trustees and independent examiners:

As described in the Statement of Trustees responsibilities, the Charity's Trustees are responsible for the preparation of the financial statements for the year ended 31" March 2024 in accordance with applicable law and United Kingdom Standards (United Kingdom accepted Accounting Practice)

It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under S43 (7) of the Act whether particular matters have come to my attention.

Basis of Independent examiners report

In accordance with the instructions given to us, we have examined the annexed accounts from the information and explanations supplied to us by the management committee members and confirm that the figures are in agreement therewith.

Our examination includes a review of the accounting procedures and the considerations of any unusual items or disclosures in the accounts.

Independent examiners unqualified statement

Based on the results of our examination, we are of the opinion that the organisation has:

• Kept accounting records in accordance with section 41 of the Charities Act 1993.

• Prepared accounts which accord with the accounting records and comply with the accounting requirement the Charities Act 1993.

Joseph Martins

Independent examiner

12/09/2024

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[st] MARCH 2024

	31/03/2024	31/03/2023
Income	Amount (£)	Amount (£)
Donations (Restricted)	12,000	19,000
Donations (Unrestricted)	3,500	4,500
Fundraising activities	840	1,245
Carried over from last year	2,140	2,425
TOTAL	18,480	27,170
	31/03/2024	31/03/2023
Direct charitable expenditure	Amount (£)	Amount (£)
Community development activities	7,980	7,370
Education support programme	8,200	15,100
Materials and stationery cost	230	420
Promotion and training cost	720	1,300
Communication cost	620	840
TOTAL	17,750	25,030

The charity has no recognised gain or deficits other than surplus for the current year

The charity is entitled to exemption from audit under section 43(2) of the Charity Act.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with the Charity Act and preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of financial year ending 31[st] March 2024.

Signed and approved on behalf of the Committee on: 12/09/2024

Aloys Manzi – chair