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UK charity registration number 1160089
Trustees Report 2023
Introduction
The Mud House Children’s Foundation is a UK registered charity established to support and develop opportunities for children, especially from the Maasai communities of the Loliondo area of Ngorongoro District, to access education and improve their life choices. In recognition of the need and desire to create sustainable solutions our charity works closely with relevant Tanzanian government officers, the Chiefs of Maasai villages, Headteachers of schools and wider members of the relevant communities.
Structure, governance and management
Our charity formally commenced operations in January 2015 under the title of Ngorongoro Education Project Trust. In July 2020, with the approval of the UK Charity Commission and all our Trustees the charity changed its title to the Mud House Children’s Foundation. It is now formally registered under this name.
The Trustees appointed have been drawn from acquaintances of the charity originators providing a useful blend of senior level experience from the public, private and voluntary sectors. All Trustees have been nominated and appointed at formal charity Board meetings.
Present structure of Trustee Board
Chair: Mr Robin Jarman LLB, MSt (Cantab)
Trustees: Mrs Helen Culverwell, Mrs Aly Ryan, Mr James Culverwell, Mrs Titian Fleming.
Mr Matthew Culverwell, Mrs Jan Earney and Mrs Gaynor McKeown.
Patrons; Sir Alan and Lady Gross. Mrs Sylvia Goodall
To date, our charity has continued to primarily operate with the assistance of volunteers. We continue to support a range of relevant projects overseen by the Trustees, whilst delivered and
managed by Mrs Nichola Jarman, Projects Director.
Our Partners
Without the support of key trusted, capable and committed people in Tanzania our efforts would all be in vain. We should recognise the contributions of The Loliondo District Commissioner, Government Education Officers, Headteachers and staff of schools, Chiefs of the Maasai villages, numerous other community members, especially Salome Nassei (manager in Tanzania) and the Issuja family and countless others who have welcomed us into their lives and assisted us to help Tanzanian children.
Objectives & Activities
In accordance with our Constitution our stated objectives and activities are as follows;
- To raise educational standards in the schools in the Ngorongoro District of Tanzania and
to improve access for children.
- To create a self-improving, self-sustaining system by developing community cohesion.
Activities: This will be achieved by;
-
Maintaining a school sponsored child programme
-
Providing teacher training, researching and evaluating its impact
-
Supporting the government to provide appropriate boarding for Maasai school children
-
Establishing a community educational resource base (Internet hub/library)
-
Support to maintain educational buildings
-
Providing vital school resources, materials and equipment
-
Developing exchanges with local and international volunteer students
As a small charity based in the UK which is focused on delivering frontline meaningful projects in Tanzania it is not surprising that, over the years, we have encountered many challenges and learnt an enormous amount from our experiences. Notwithstanding, the complexities of our operating environment, with the generosity of donors and incredible support of many volunteers and partners we are, with justifiable pride, able to point to proven successful delivery of several ongoing projects.
Achievements & Performance
Thanks to successful bid applications, the charity has been able to report and highlight the completion and ongoing development of a number of successful projects.
a) Sponsored Children Education Programme
Many Maasai children live in semi-permanent remote villages (called bomas) across the Ngorongoro region. Each day, the children often face lengthy journeys, on foot, to just reach a school. Many such journeys are of 1-2 hours duration. At the request of Maasai Chiefs and their communities our sponsored children programme was introduced to enable those children living in poverty to access boarding accommodation at the school(s). With the generous donations of UK residents, we are currently sponsoring 85 children and young adults to attend a number of schools and further education establishments in and around Northern Tanzania.
To ensure fairness the sponsored children are selected by strict criteria and negotiation with individual Maasai bomas. The Tanzanian manager co-ordinates this process as well as the ongoing needs and welfare of each child in liaison with the parents or guardian. In the future we hope to attract further sponsorship opportunities to fund even more children.
b) Accommodation
The Maasai parents and guardians of the sponsored children provide a hostel for the majority of our young children. Our charity supports this venture via utilities and building maintenance costs.
To meet safety regulations, our charity has purchased and annually maintains fire extinguishers and smoke alarms which have been installed in the hostel and the onsite mud houses. A repeat of the safeguarding/child protection training has been organised for the parents, guardian and volunteers which took place in 2023.
Over the years we have grown concerned about the living environment of the Maasai children. The mud houses have open wood fires and little ventilation. This causes health problems from smoke inhalation and children occasionally suffering horrendous burn injuries. In consequence, our charity has trialled a brick oven with chimney in a Maasai mud house. After three years of brick cookers and chimneys, the Tanzanian building manager has designed a metal, portable cooker and chimney that can be moved when the Maasai families have to move their mud houses.
e) Food Programme
The Maasai team in Loliondo have successfully grown vegetables, kept chickens and cows.
The sponsored children living in the hostel receive a healthy diet of vegetables, milk and eggs. Any surplus vegetables and eggs are sold at the Maasai market to raise money to pay for fertilizer and the gardeners.
c) Borehole and water well
The second Borehole and water well project commenced in 2023. Unfortunately, the first two sites that had been identified as having water, were unsuccessful. Although the drilling found water, the water pressure and the quantity of water was not sufficient. However, on the third attempt water was discovered in the third site which had been identified.
The borehole will have a solar powered pump. The water will be pumped into three 5000 litre storage tanks and then gravity fed to two sites. One standpipe will be inside the grounds of Njorietti school and the other will be in a site chosen by the Maasai chief and elders to supply the village of Njorietti and the surrounding villages with fresh, clean water.
This project should be completed by June 2024.
Fundraising
Since April 2021, the charity has been twinned with St Mark’s Church of England Primary school in Basingstoke. Through various fundraising activities, fetes, Christmas fayres and donation boxes, the school has raised substantial funds towards the various charity projects. This twinning will continue for the foreseeable future. Regular visits and presentations are made to the pupils at St Mark’s to explain the life of a Maasai child and also to tell them where the money they raise is being spent.
In July 2023 the charity ran a fund-raising Garden Party. This was a very successful event in terms of bringing awareness to the charity and also to raise vital funds.
Members of the charity committee have delivered presentations to organisations such as The Rotary Club, WI groups and Watercress Club, bringing in further donations from their club members.
Successful bid applications were made to:-
-
The Goodall Foundation
-
Scott Bader Commonwealth UK
-
Kitchen Table Charities Trust
-
The Derrill Allatt Foundation
The monies granted have been directed towards the specific projects outlined above. Our Trustees have closely monitored the allocation of funds and progress of the individual projects.
The Mud House Club
The Mud House Club was launched in 2019 and has a healthy growing membership. It now plays a vital role, enabling us to communicate our important work to a wider audience which is also attracting new volunteers.
Financial review
Our existing projects have sufficient specific fundraising support.
The development of our new project “Looking Beyond” which supports students through further education and University has attracted fresh sponsors and enables us to continue to improve the more long term life chances of Maasai children.
New Years Honour for our Patron
This year we were delighted that our patron, Sylvia Goodall, was awarded an MBE by King Charles III in the New Years Honours List 2022/3. The award was bestowed by HRH Anne Princess Royal at a ceremony at Buckingham Palace specifically in recognition of her pioneering charitable work (with our charity) in Tanzania.
Charity registration number 1160089
THE MUDHOUSE CHILDREN'S FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
THE MUDHOUSE CHILDREN'S FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
| Patrons | Sir Alan Grose |
|---|---|
| Lady Grose | |
| Sylvia Goodall MBE | |
| Trustees | Mr R Jarman (Chairman) |
| Mrs H Culverwell | |
| Mr J Culverwell | |
| Mrs T Fleming | |
| Mrs A Ryan | |
| Mr M Culverwell | |
| Mrs J Earney | |
| Mrs G Mckeown | |
| Charity number | 1160089 |
| Principal address | The Drift |
| Hall Lane | |
| Upper Farringdon | |
| Alton | |
| Hampshire | |
| GU34 3EA | |
| Independent examiner | Knill James LLP |
| One Bell Lane | |
| Lewes | |
| East Sussex | |
| BN7 1JU |
THE MUDHOUSE CHILDREN'S FOUNDATION
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 13 |
THE MUDHOUSE CHILDREN'S FOUNDATION
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report and financial statements for the year from 1 January 2023 to 31 December 2023.
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The Mud House Children’s Foundation is a UK registered charity established to support and develop opportunities for children, especially from the Maasai communities of the Loliondo area of Ngorongoro District, to access education and improve their life choices. In recognition of the need and desire to create sustainable solutions our charity works closely with relevant Tanzanian government officers, the Chiefs of Maasai villages, Headteachers of schools and wider members of the relevant communities.
Objectives and activities
In accordance with our Constitution our stated objectives and activities are as follows;
-
To raise educational standards in the schools in the Ngorongoro District of Tanzania and to improve access for children.
-
To create a self-improving, self-sustaining system by developing community cohesion.
Activities: This will be achieved by;
-
Maintaining a school sponsored child programme
-
Providing teacher training, researching and evaluating its impact
-
Supporting the government to provide appropriate boarding for Maasai school children
-
Establishing a community educational resource base (Internet hub/library)
-
Support to maintain educational buildings
-
Providing vital school resources, materials and equipment
-
Developing exchanges with local and international volunteer students
As a small charity based in the UK which is focused on delivering frontline meaningful projects in Tanzania it is not surprising that, over the years, we have encountered many challenges and learnt an enormous amount from our experiences. Notwithstanding, the complexities of our operating environment, with the generosity of donors and incredible support of many volunteers and partners we are, with justifiable pride, able to point to proven successful delivery of several ongoing projects.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Thanks to successful bid applications, the charity has been able to report and highlight the completion and ongoing development of a number of successful projects.
Sponsored Children Education Programme
Many Maasai children live in semi-permanent remote villages (called bomas) across the Ngorongoro region. Each day, the children often face lengthy journeys, on foot, to just reach a school. Many such journeys are of 1-2 hours duration. At the request of Maasai Chiefs and their communities our sponsored children programme was introduced to enable those children living in poverty to access boarding accommodation at the school(s). With the generous donations of UK residents, we are currently sponsoring 85 children and young adults to attend a number of schools and further education establishments in and around Northern Tanzania. To ensure fairness the sponsored children are selected by strict criteria and negotiation with individual Maasai bomas. The Tanzanian manager co-ordinates this process as well as the ongoing needs and welfare of each child in liaison with the parents or guardian. In the future we hope to attract further sponsorship opportunities to fund even more children.
- 1 -
THE MUDHOUSE CHILDREN'S FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
Accommodation
The Maasai parents and guardians of the sponsored children provide a hostel for the majority of our young children. Our charity supports this venture via utilities and building maintenance costs. To meet safety regulations, our charity has purchased and annually maintains fire extinguishers and smoke alarms which have been installed in the hostel and the onsite mud houses. A repeat of the safeguarding/child protection training has been organised for the parents, guardian and volunteers which took place in 2023. Over the years we have grown concerned about the living environment of the Maasai children. The mud houses have open wood fires and little ventilation. This causes health problems from smoke inhalation and children occasionally suffering horrendous burn injuries. In consequence, our charity has trialled a brick oven with chimney in a Maasai mud house. After three years of brick cookers and chimneys, the Tanzanian building manager has designed a metal, portable cooker and chimney that can be moved when the Maasai families have to move their mud houses.
Food Programme
The Maasai team in Loliondo have successfully grown vegetables, kept chickens and cows. The sponsored children living in the hostel receive a healthy diet of vegetables, milk and eggs. Any surplus vegetables and eggs are sold at the Maasai market to raise money to pay for fertilizer and the gardeners.
Borehole and Water Well
The second Borehole and water well project commenced in 2023. Unfortunately, the first two sites that had been identified as having water, were unsuccessful. Although the drilling found water, the water pressure and the quantity of water was not sufficient. However, on the third attempt water was discovered in the third site which had been identified. The borehole will have a solar powered pump. The water will be pumped into three 5000 litre storage tanks and then gravity fed to two sites. One standpipe will be inside the grounds of Njorietti school and the other will be in a site chosen by the Maasai chief and elders to supply the village of Njorietti and the surrounding villages with fresh, clean water. This project should be completed by June 2024.
Fundraising
Since April 2021, the charity has been twinned with St Mark’s Church of England Primary school in Basingstoke. Through various fundraising activities, fetes, Christmas fayres and donation boxes, the school has raised substantial funds towards the various charity projects. This twinning will continue for the foreseeable future. Regular visits and presentations are made to the pupils at St Mark's to explain the life of a Maasai child and also to tell them where the money they raise is being spent. In July 2023 the charity ran a fund-raising Garden Party. This was a very successful event in terms of bringing awareness to the charity and also to raise vital funds. Members of the charity committee give presentations to organisations such as The Rotary Club, WI groups and Watercress Club, bringing in donations from their club members.
Successful bid applications were made to:-
-
The Goodall Foundation
-
Scott Bader Commonwealth UK
-
Kitchen Table Charities Trust
-
The Derrill Allatt Foundation
The monies granted have been directed towards the specific projects outlined above. Our Trustees have closely monitored the allocation of funds and progress of the individual projects.
The Mud House Club
The Mud House Club was launched in 2019 and has a healthy growing membership. It now plays a vital role, enabling us to communicate our important work to a wider audience which is also attracting new volunteers.
Financial review
Our existing projects have sufficient specific fundraising support. The development of our new project “Looking Beyond” which supports students through further education and University has attracted fresh sponsors and enables us to continue to improve the more long term life chances of Maasai children. This year we were delighted that our patron, Sylvia Goodall, was awarded an MBE by King Charles III in the New Years Honours List 2022/3. The award was bestowed by HRH Anne Princess Royal at a ceremony at Buckingham Palace specifically in recognition of her pioneering charitable work (with our charity) in Tanzania.
- 2 -
THE MUDHOUSE CHILDREN'S FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
Risk
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Reserves
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has not been maintained throughout the year due to unforseen repairs and maintenance on the Bore Hole and Water Project, but the intention is to replenish the reserves over the coming year.
Structure, governance and management
Our charity formally commenced operations in January 2015 under the title of Ngorongoro Education Project Trust. In July 2020, with the approval of the UK Charity Commission and all our Trustees the charity changed its title to the Mud House Children’s Foundation. It is now formally registered under this name.
The Trustees appointed have been drawn from acquaintances of the charity originators providing a useful blend of senior level experience from the public, private and voluntary sectors. All Trustees have been nominated and appointed at formal charity Board meetings.
The trustees who served during the year and up to the date of signature of the financial statements were: Mr R Jarman (Chairman) Mrs H Culverwell Mr J Culverwell Mrs T Fleming Mrs A Ryan Mr M Culverwell Mrs J Earney Mrs G Mckeown
Patrons: Sir Alan and Lady Grosse; Mrs Sylvia Goodall MBE
To date, our charity has continued to primarily operate with the assistance of volunteers. We continue to support a range of relevant projects overseen by the Trustees, whilst delivered and managed by Mrs Nichola Jarman, our volunteer Project Director.
Our Partners
Without the support of key trusted, capable and committed people in Tanzania our efforts would all be in vain. We should recognise the contributions of The Loliondo District Commissioner, Government Education Officers, Headteachers and staff of schools, Chiefs of the Maasai villages, numerous other community members, especially Salome Nassei (manager in Tanzania) and the Issuja family and countless others who have welcomed us into their lives and assisted us to help Tanzanian children.
There are no further related parties apart from those noted above.
The trustees' report was approved by the Board of Trustees.
==> picture [126 x 35] intentionally omitted <==
Mr R Jarman (Chairman) Trustee Dated: 10 June 2024
- 3 -
THE MUDHOUSE CHILDREN'S FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MUDHOUSE CHILDREN'S FOUNDATION
I report to the trustees on my examination of the financial statements of The Mudhouse Children's Foundation (the charity) for the year ended 31 December 2023.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
==> picture [77 x 39] intentionally omitted <==
David W Martin FCA
Knill James LLP One Bell Lane Lewes East Sussex BN7 1JU
Dated: 25 June 2024
- 4 -
THE MUDHOUSE CHILDREN'S FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted Restricted funds funds 2023 2023 Notes £ £ Income from: Donations and legacies 2 42,873 104,829 Charitable activities 3 302 - Total income 43,175 104,829 Expenditure on: Raising funds 4 1,756 - Charitable activities 5 36,497 111,179 Total resources expended 38,253 111,179 Net income/(expenditure) for the year/ Net movement in funds 4,922 (6,350) Fund balances at 1 January 2023 (3,385) 17,226 Fund balances at 31 December 2023 1,537 10,876 |
Total 2023 £ 147,702 302 148,004 1,756 147,676 149,432 (1,428) 13,841 12,413 |
Total 2022 £ 70,256 326 70,582 2,376 80,714 83,090 (12,508) 26,349 13,841 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
- 5 -
THE MUDHOUSE CHILDREN'S FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2023
| 2023 Notes £ Current assets Debtors 10 977 Cash at bank and in hand 24,377 25,354 Creditors: amounts falling due within one year 11 (12,941) Net current assets Income funds Restricted funds 12 Unrestricted funds Designated funds 13 1,537 General unrestricted funds - The accounts were approved by the Trustees on 24 June 2024 Mr R Jarman (Chairman) Trustee |
£ 12,413 10,876 1,537 12,413 |
2022 £ 2,960 12,052 15,012 (1,171) - (3,385) |
£ 13,841 17,226 (3,385) 13,841 |
|
|---|---|---|---|---|
- 6 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1 Accounting policies
Charity information
The Mudhouse Children's Foundation is a charitable incorporated organisation registered 22 January 2015. The registered charity number is 1160089. The registered office is The Drift, Hall Lane, Upper Farringdon, Alton, Hampshire, GU34 3EA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
These financial statements are prepared on the going concern basis. The trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future, however, the trustees are aware of certain material uncertainties which may cause doubt on the charity's ability to continue as a going concern. Whilst the Charity had a deficit on unrestricted funds at the year end, this has since been rectified.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
- 7 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
1 Accounting policies
(Continued)
1.5 Resources expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
- 8 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
2 Donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and gifts | 42,873 | 104,829 | 147,702 | 31,241 | 39,015 | 70,256 |
3 Income from charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Sales within charitable activities | |||
| Sales of Maasai crafts | 302 | 326 | |
| Raising funds | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Other fundraising costs | 1,756 | 2,376 | |
| 1,756 | 2,376 | ||
| Analysis by fund | |||
| Unrestricted funds | 1,756 | ||
| 1,756 |
-
4 Raising funds
-
9 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
5 Charitable activities
| Overseas | Overseas | |
|---|---|---|
| projects | projects | |
| costs | costs | |
| 2023 | 2022 | |
| £ | £ | |
| Charitable expenditure | 132,054 | 69,778 |
| Share of support costs (see note 6) | 13,942 | 9,790 |
| Share of governance costs (see note 6) | 1,680 | 1,146 |
| 147,676 | 80,714 | |
| Analysis by fund | ||
| Unrestricted funds | 36,497 | 32,337 |
| Restricted funds | 111,179 | 48,377 |
| 147,676 | 80,714 |
6 Support costs
| Support costs Governance costs £ £ Post and stationery 601 - Computer costs 580 - Administrative costs 283 - Travel and subsistence 11,490 - Bank charges 887 - Insurance 101 - Independent examiners fee - 1,680 13,942 1,680 Analysed between Charitable activities 13,942 1,680 |
2023 £ 601 580 283 11,490 887 101 1,680 15,622 15,622 |
2022 £ 262 758 335 7,634 612 189 1,146 |
|---|---|---|
| 10,936 | ||
| 10,936 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
- 10 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
8 Employees
The average monthly number of employees during the year was:
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Debtors
| Amounts falling due within one year: Trade debtors Prepayments and accrued income 11 Creditors: amounts falling due within one year Trade creditors Accruals and deferred income |
2023 £ 720 257 977 2023 £ 11,261 1,680 12,941 |
2022 £ - 2,960 |
|---|---|---|
| 2,960 | ||
| 2022 £ 25 1,146 |
||
| 1,171 |
- 11 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| Balance at 1 January 2022 £ Food programme 897 Playground project - Sponsor A Child 17,678 Bore hole and water project - Chimney Project 7,882 26,457 |
Movement in funds Income Expenditure £ £ - - - - 39,015 (40,364) - - - (8,013) 39,015 (48,377) |
Movement in funds Transfers Balance at 31 December 2022 Income Expenditure Balance at 31 December 2023 £ £ £ £ £ - 897 - (855) 42 - - 12,000 (8,648) 3,352 - 16,329 42,499 (51,438) 7,390 - - 50,290 (50,238) 52 131 - 40 - 40 131 17,226 104,829 (111,179) 10,876 |
Movement in funds Transfers Balance at 31 December 2022 Income Expenditure Balance at 31 December 2023 £ £ £ £ £ - 897 - (855) 42 - - 12,000 (8,648) 3,352 - 16,329 42,499 (51,438) 7,390 - - 50,290 (50,238) 52 131 - 40 - 40 131 17,226 104,829 (111,179) 10,876 |
|---|---|---|---|
| 10,876 |
Food Programme
The aim of this project is to provide sustainable food sources for the children resident in the area.
Sponsor A Child
This project is to provide sponsorship for the provision of children's education.
Chimney Project
This project is to provide installation of chimneys and cookers to the mud houses.
Bore Hole and Water Project
The Bore hole and well projects are to provide fresh water all year round for the sponsored children and the wider Maasai community.
The Playground Project
The playground project is to build play areas in remote schools in the Ngorongoro district.
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THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 January | Incoming | Resources | Transfers | At 31 | |
|---|---|---|---|---|---|
| 2023 | resources | expended | December | ||
| 2023 | |||||
| £ | £ | £ | £ | £ | |
| (3,385) | 42,540 | (37,618) | - | 1,537 | |
| General funds | - | 635 | (635) | - | - |
| (3,385) | 43,175 | (38,253) | - | 1,537 | |
| Previous year: | At 1 January | Incoming | Resources | Transfers | At 31 |
| 2022 | resources | expended | December | ||
| 2022 | |||||
| £ | £ | £ | £ | £ | |
| General funds | (108) | 31,567 | (34,713) | (131) | (3,385) |
14 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2023 2023 £ £ At 31 December 2023: Current assets/(liabilities) 1,537 10,876 1,537 10,876 Unrestricted Restricted funds funds 2022 2022 £ £ At 31 December 2022: Current assets/(liabilities) (3,385) 17,226 (3,385) 17,226 |
Total 2023 £ 12,413 |
|---|---|
| 12,413 | |
| Total 2022 £ 13,841 |
|
| 13,841 |
15 Related party transactions
The remuneration of key management personnel is as follows.
Nicky Jarman (wife of a trustee) was paid £7,003 for project coordinating services, provided during the year (2022: £9,953)
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Charity registration number 1160089
THE MUDHOUSE CHILDREN'S FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
THE MUDHOUSE CHILDREN'S FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
| Patrons | Sir Alan Grose |
|---|---|
| Lady Grose | |
| Sylvia Goodall MBE | |
| Trustees | Mr R Jarman (Chairman) |
| Mrs H Culverwell | |
| Mr J Culverwell | |
| Mrs T Fleming | |
| Mrs A Ryan | |
| Mr M Culverwell | |
| Mrs J Earney | |
| Mrs G Mckeown | |
| Charity number | 1160089 |
| Principal address | The Drift |
| Hall Lane | |
| Upper Farringdon | |
| Alton | |
| Hampshire | |
| GU34 3EA | |
| Independent examiner | Knill James LLP |
| One Bell Lane | |
| Lewes | |
| East Sussex | |
| BN7 1JU |
THE MUDHOUSE CHILDREN'S FOUNDATION
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 13 |
THE MUDHOUSE CHILDREN'S FOUNDATION
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report and financial statements for the year from 1 January 2023 to 31 December 2023.
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The Mud House Children’s Foundation is a UK registered charity established to support and develop opportunities for children, especially from the Maasai communities of the Loliondo area of Ngorongoro District, to access education and improve their life choices. In recognition of the need and desire to create sustainable solutions our charity works closely with relevant Tanzanian government officers, the Chiefs of Maasai villages, Headteachers of schools and wider members of the relevant communities.
Objectives and activities
In accordance with our Constitution our stated objectives and activities are as follows;
-
To raise educational standards in the schools in the Ngorongoro District of Tanzania and to improve access for children.
-
To create a self-improving, self-sustaining system by developing community cohesion.
Activities: This will be achieved by;
-
Maintaining a school sponsored child programme
-
Providing teacher training, researching and evaluating its impact
-
Supporting the government to provide appropriate boarding for Maasai school children
-
Establishing a community educational resource base (Internet hub/library)
-
Support to maintain educational buildings
-
Providing vital school resources, materials and equipment
-
Developing exchanges with local and international volunteer students
As a small charity based in the UK which is focused on delivering frontline meaningful projects in Tanzania it is not surprising that, over the years, we have encountered many challenges and learnt an enormous amount from our experiences. Notwithstanding, the complexities of our operating environment, with the generosity of donors and incredible support of many volunteers and partners we are, with justifiable pride, able to point to proven successful delivery of several ongoing projects.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Thanks to successful bid applications, the charity has been able to report and highlight the completion and ongoing development of a number of successful projects.
Sponsored Children Education Programme
Many Maasai children live in semi-permanent remote villages (called bomas) across the Ngorongoro region. Each day, the children often face lengthy journeys, on foot, to just reach a school. Many such journeys are of 1-2 hours duration. At the request of Maasai Chiefs and their communities our sponsored children programme was introduced to enable those children living in poverty to access boarding accommodation at the school(s). With the generous donations of UK residents, we are currently sponsoring 85 children and young adults to attend a number of schools and further education establishments in and around Northern Tanzania. To ensure fairness the sponsored children are selected by strict criteria and negotiation with individual Maasai bomas. The Tanzanian manager co-ordinates this process as well as the ongoing needs and welfare of each child in liaison with the parents or guardian. In the future we hope to attract further sponsorship opportunities to fund even more children.
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THE MUDHOUSE CHILDREN'S FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
Accommodation
The Maasai parents and guardians of the sponsored children provide a hostel for the majority of our young children. Our charity supports this venture via utilities and building maintenance costs. To meet safety regulations, our charity has purchased and annually maintains fire extinguishers and smoke alarms which have been installed in the hostel and the onsite mud houses. A repeat of the safeguarding/child protection training has been organised for the parents, guardian and volunteers which took place in 2023. Over the years we have grown concerned about the living environment of the Maasai children. The mud houses have open wood fires and little ventilation. This causes health problems from smoke inhalation and children occasionally suffering horrendous burn injuries. In consequence, our charity has trialled a brick oven with chimney in a Maasai mud house. After three years of brick cookers and chimneys, the Tanzanian building manager has designed a metal, portable cooker and chimney that can be moved when the Maasai families have to move their mud houses.
Food Programme
The Maasai team in Loliondo have successfully grown vegetables, kept chickens and cows. The sponsored children living in the hostel receive a healthy diet of vegetables, milk and eggs. Any surplus vegetables and eggs are sold at the Maasai market to raise money to pay for fertilizer and the gardeners.
Borehole and Water Well
The second Borehole and water well project commenced in 2023. Unfortunately, the first two sites that had been identified as having water, were unsuccessful. Although the drilling found water, the water pressure and the quantity of water was not sufficient. However, on the third attempt water was discovered in the third site which had been identified. The borehole will have a solar powered pump. The water will be pumped into three 5000 litre storage tanks and then gravity fed to two sites. One standpipe will be inside the grounds of Njorietti school and the other will be in a site chosen by the Maasai chief and elders to supply the village of Njorietti and the surrounding villages with fresh, clean water. This project should be completed by June 2024.
Fundraising
Since April 2021, the charity has been twinned with St Mark’s Church of England Primary school in Basingstoke. Through various fundraising activities, fetes, Christmas fayres and donation boxes, the school has raised substantial funds towards the various charity projects. This twinning will continue for the foreseeable future. Regular visits and presentations are made to the pupils at St Mark's to explain the life of a Maasai child and also to tell them where the money they raise is being spent. In July 2023 the charity ran a fund-raising Garden Party. This was a very successful event in terms of bringing awareness to the charity and also to raise vital funds. Members of the charity committee give presentations to organisations such as The Rotary Club, WI groups and Watercress Club, bringing in donations from their club members.
Successful bid applications were made to:-
-
The Goodall Foundation
-
Scott Bader Commonwealth UK
-
Kitchen Table Charities Trust
-
The Derrill Allatt Foundation
The monies granted have been directed towards the specific projects outlined above. Our Trustees have closely monitored the allocation of funds and progress of the individual projects.
The Mud House Club
The Mud House Club was launched in 2019 and has a healthy growing membership. It now plays a vital role, enabling us to communicate our important work to a wider audience which is also attracting new volunteers.
Financial review
Our existing projects have sufficient specific fundraising support. The development of our new project “Looking Beyond” which supports students through further education and University has attracted fresh sponsors and enables us to continue to improve the more long term life chances of Maasai children. This year we were delighted that our patron, Sylvia Goodall, was awarded an MBE by King Charles III in the New Years Honours List 2022/3. The award was bestowed by HRH Anne Princess Royal at a ceremony at Buckingham Palace specifically in recognition of her pioneering charitable work (with our charity) in Tanzania.
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THE MUDHOUSE CHILDREN'S FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
Risk
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Reserves
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has not been maintained throughout the year due to unforseen repairs and maintenance on the Bore Hole and Water Project, but the intention is to replenish the reserves over the coming year.
Structure, governance and management
Our charity formally commenced operations in January 2015 under the title of Ngorongoro Education Project Trust. In July 2020, with the approval of the UK Charity Commission and all our Trustees the charity changed its title to the Mud House Children’s Foundation. It is now formally registered under this name.
The Trustees appointed have been drawn from acquaintances of the charity originators providing a useful blend of senior level experience from the public, private and voluntary sectors. All Trustees have been nominated and appointed at formal charity Board meetings.
The trustees who served during the year and up to the date of signature of the financial statements were: Mr R Jarman (Chairman) Mrs H Culverwell Mr J Culverwell Mrs T Fleming Mrs A Ryan Mr M Culverwell Mrs J Earney Mrs G Mckeown
Patrons: Sir Alan and Lady Grosse; Mrs Sylvia Goodall MBE
To date, our charity has continued to primarily operate with the assistance of volunteers. We continue to support a range of relevant projects overseen by the Trustees, whilst delivered and managed by Mrs Nichola Jarman, our volunteer Project Director.
Our Partners
Without the support of key trusted, capable and committed people in Tanzania our efforts would all be in vain. We should recognise the contributions of The Loliondo District Commissioner, Government Education Officers, Headteachers and staff of schools, Chiefs of the Maasai villages, numerous other community members, especially Salome Nassei (manager in Tanzania) and the Issuja family and countless others who have welcomed us into their lives and assisted us to help Tanzanian children.
There are no further related parties apart from those noted above.
The trustees' report was approved by the Board of Trustees.
==> picture [126 x 35] intentionally omitted <==
Mr R Jarman (Chairman) Trustee Dated: 10 June 2024
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THE MUDHOUSE CHILDREN'S FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MUDHOUSE CHILDREN'S FOUNDATION
I report to the trustees on my examination of the financial statements of The Mudhouse Children's Foundation (the charity) for the year ended 31 December 2023.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
==> picture [77 x 39] intentionally omitted <==
David W Martin FCA
Knill James LLP One Bell Lane Lewes East Sussex BN7 1JU
Dated: 25 June 2024
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THE MUDHOUSE CHILDREN'S FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted Restricted funds funds 2023 2023 Notes £ £ Income from: Donations and legacies 2 42,873 104,829 Charitable activities 3 302 - Total income 43,175 104,829 Expenditure on: Raising funds 4 1,756 - Charitable activities 5 36,497 111,179 Total resources expended 38,253 111,179 Net income/(expenditure) for the year/ Net movement in funds 4,922 (6,350) Fund balances at 1 January 2023 (3,385) 17,226 Fund balances at 31 December 2023 1,537 10,876 |
Total 2023 £ 147,702 302 148,004 1,756 147,676 149,432 (1,428) 13,841 12,413 |
Total 2022 £ 70,256 326 70,582 2,376 80,714 83,090 (12,508) 26,349 13,841 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
- 5 -
THE MUDHOUSE CHILDREN'S FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2023
| 2023 Notes £ Current assets Debtors 10 977 Cash at bank and in hand 24,377 25,354 Creditors: amounts falling due within one year 11 (12,941) Net current assets Income funds Restricted funds 12 Unrestricted funds Designated funds 13 1,537 General unrestricted funds - The accounts were approved by the Trustees on 24 June 2024 Mr R Jarman (Chairman) Trustee |
£ 12,413 10,876 1,537 12,413 |
2022 £ 2,960 12,052 15,012 (1,171) - (3,385) |
£ 13,841 17,226 (3,385) 13,841 |
|
|---|---|---|---|---|
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THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
1 Accounting policies
Charity information
The Mudhouse Children's Foundation is a charitable incorporated organisation registered 22 January 2015. The registered charity number is 1160089. The registered office is The Drift, Hall Lane, Upper Farringdon, Alton, Hampshire, GU34 3EA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
These financial statements are prepared on the going concern basis. The trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future, however, the trustees are aware of certain material uncertainties which may cause doubt on the charity's ability to continue as a going concern. Whilst the Charity had a deficit on unrestricted funds at the year end, this has since been rectified.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
1 Accounting policies
(Continued)
1.5 Resources expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
- 8 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
2 Donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and gifts | 42,873 | 104,829 | 147,702 | 31,241 | 39,015 | 70,256 |
3 Income from charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| £ | £ | ||
| Sales within charitable activities | |||
| Sales of Maasai crafts | 302 | 326 | |
| Raising funds | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Fundraising and publicity | |||
| Other fundraising costs | 1,756 | 2,376 | |
| 1,756 | 2,376 | ||
| Analysis by fund | |||
| Unrestricted funds | 1,756 | ||
| 1,756 |
-
4 Raising funds
-
9 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
5 Charitable activities
| Overseas | Overseas | |
|---|---|---|
| projects | projects | |
| costs | costs | |
| 2023 | 2022 | |
| £ | £ | |
| Charitable expenditure | 132,054 | 69,778 |
| Share of support costs (see note 6) | 13,942 | 9,790 |
| Share of governance costs (see note 6) | 1,680 | 1,146 |
| 147,676 | 80,714 | |
| Analysis by fund | ||
| Unrestricted funds | 36,497 | 32,337 |
| Restricted funds | 111,179 | 48,377 |
| 147,676 | 80,714 |
6 Support costs
| Support costs Governance costs £ £ Post and stationery 601 - Computer costs 580 - Administrative costs 283 - Travel and subsistence 11,490 - Bank charges 887 - Insurance 101 - Independent examiners fee - 1,680 13,942 1,680 Analysed between Charitable activities 13,942 1,680 |
2023 £ 601 580 283 11,490 887 101 1,680 15,622 15,622 |
2022 £ 262 758 335 7,634 612 189 1,146 |
|---|---|---|
| 10,936 | ||
| 10,936 |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
- 10 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
8 Employees
The average monthly number of employees during the year was:
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Debtors
| Amounts falling due within one year: Trade debtors Prepayments and accrued income 11 Creditors: amounts falling due within one year Trade creditors Accruals and deferred income |
2023 £ 720 257 977 2023 £ 11,261 1,680 12,941 |
2022 £ - 2,960 |
|---|---|---|
| 2,960 | ||
| 2022 £ 25 1,146 |
||
| 1,171 |
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THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| Balance at 1 January 2022 £ Food programme 897 Playground project - Sponsor A Child 17,678 Bore hole and water project - Chimney Project 7,882 26,457 |
Movement in funds Income Expenditure £ £ - - - - 39,015 (40,364) - - - (8,013) 39,015 (48,377) |
Movement in funds Transfers Balance at 31 December 2022 Income Expenditure Balance at 31 December 2023 £ £ £ £ £ - 897 - (855) 42 - - 12,000 (8,648) 3,352 - 16,329 42,499 (51,438) 7,390 - - 50,290 (50,238) 52 131 - 40 - 40 131 17,226 104,829 (111,179) 10,876 |
Movement in funds Transfers Balance at 31 December 2022 Income Expenditure Balance at 31 December 2023 £ £ £ £ £ - 897 - (855) 42 - - 12,000 (8,648) 3,352 - 16,329 42,499 (51,438) 7,390 - - 50,290 (50,238) 52 131 - 40 - 40 131 17,226 104,829 (111,179) 10,876 |
|---|---|---|---|
| 10,876 |
Food Programme
The aim of this project is to provide sustainable food sources for the children resident in the area.
Sponsor A Child
This project is to provide sponsorship for the provision of children's education.
Chimney Project
This project is to provide installation of chimneys and cookers to the mud houses.
Bore Hole and Water Project
The Bore hole and well projects are to provide fresh water all year round for the sponsored children and the wider Maasai community.
The Playground Project
The playground project is to build play areas in remote schools in the Ngorongoro district.
- 12 -
THE MUDHOUSE CHILDREN'S FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 January | Incoming | Resources | Transfers | At 31 | |
|---|---|---|---|---|---|
| 2023 | resources | expended | December | ||
| 2023 | |||||
| £ | £ | £ | £ | £ | |
| (3,385) | 42,540 | (37,618) | - | 1,537 | |
| General funds | - | 635 | (635) | - | - |
| (3,385) | 43,175 | (38,253) | - | 1,537 | |
| Previous year: | At 1 January | Incoming | Resources | Transfers | At 31 |
| 2022 | resources | expended | December | ||
| 2022 | |||||
| £ | £ | £ | £ | £ | |
| General funds | (108) | 31,567 | (34,713) | (131) | (3,385) |
14 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2023 2023 £ £ At 31 December 2023: Current assets/(liabilities) 1,537 10,876 1,537 10,876 Unrestricted Restricted funds funds 2022 2022 £ £ At 31 December 2022: Current assets/(liabilities) (3,385) 17,226 (3,385) 17,226 |
Total 2023 £ 12,413 |
|---|---|
| 12,413 | |
| Total 2022 £ 13,841 |
|
| 13,841 |
15 Related party transactions
The remuneration of key management personnel is as follows.
Nicky Jarman (wife of a trustee) was paid £7,003 for project coordinating services, provided during the year (2022: £9,953)
- 13 -