## 

## 

## 

||||~Pa e|
|---|---|---|---|
|Trustees, registered<br>office etc||||
|Trustees'<br>Report|||2-5|
|Statement ofTrustees'||Responsibilities||
|Independent<br>Examiners||Report||
|Income and Expenditure||Account||
|Balance Sheet||||
|Notes to the Financial|Statements||10-11|





## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 



## 

## 



## 

## 

## 

## 

## 

## 



## 

|THE WI|NNIE MABASO FOUNDATION|NNIE MABASO FOUNDATION|||
|---|---|---|---|---|
|INCOME|AND EXPENDITURE ACCOUNT||||
|I'OR TIlk; YFAR h."NDh:D 31DECEMBER 2022|||||
||Notes|2022||2021|
|RESOURCES EMPLOYED|||||
|Income:|||||
|Donations<br>received<br>Donations<br>received designated<br>Bank Interest Received<br>1-'und raising|lc<br>Id|296,958<br>1,272<br>55 606||282,910<br>178,017<br>1,104<br>119440|
|||353,836||681,471|
|DIRECT COSTS|||||
|Expenditure:|||||
|Project costs<br>Child Sponsorship<br>and Training||48,651|53,654||
|Orphanage<br>running<br>costs<br>Orphanage<br>repairs<br>Education<br>Tropic I-Iouse repairs<br>Motor Expenses<br>Travel costs in South Africa||223,747<br>8,239<br>40,639<br>15,915<br>35,581<br>161,559<br>11,445<br>15,828<br>29,043<br>30,302|||
|Groceries and supplies<br>Fundraising<br>costs||29,139<br>886<br>49,452<br>815|||
|||64~02 797||~352 098|
|SURPI,US/(DEI'ICIT) BEFOREOTHER COSTS||(48,961)||229,373|
|Travel costs including<br>flights<br>CEO Salary (incl. National<br>Ins)<br>Profic/(loss)<br>on sale ofasset<br>Fraudulent<br>bank activity<br>Pension contributions<br>and charges<br>Depreciation<br>Bank charges<br>BDO fees<br>Fxchange rate gain/loss|lh|3,014<br>37,500<br>(1,794)<br>1,250<br>1,500<br>20,847<br>2,792<br>589<br>21 530<br>1,511<br>36,042<br>(12,448)<br>1,500<br>26,490<br>3,203<br>174<br>6 134|||
|||~87 228||62 606|
|SURPLUS/(DEFICIT) AFTER OTHER COSTS||(136,189)||166,767|
|RESERVES AT START OF YEAR||~162<br>608||~1460 41|
|RESERVESAT END Ol YEAR||~14<br>1 419||~162<br>608|





|||||page s||||
|---|---|---|---|---|---|---|---|
||THE|WINNIE||MABASO|I'OUNDATION|||
||BAI.ANCE||SHEETAS AT31"DECEMBER|||2022||
|||Notes|||2022||2021|
|TANGIBI EFIXED|ASSETS|||||||
|13uilding<br>Computer<br>Equipment <br>Motor Vehicles<br>Solar|k Other Assets||5<br>5<br>5<br>5||105,943<br>1,298<br>32,268<br>45 979||108,421<br>1,938<br>40,165<br>48 068|
||||||185488||198592|
|CURRENT ASSETS||||||||
|Cash at Bank and in Iland<br>Prep ayments|||6|1,305,931||1,429,016||
||||||I 305931||1 429 016|
|TOTAI. ASSETS|||||1,491,419||1,627,608|
|Wages||||||||
|PAYE Control||||||||
|Pension Control||||||||
|PAYE Control (South Africa)||||||||
|TOTAI ASSETSI,ESSI.IABII.ITIES|||||~14 141||~162<br>6 8|
|RESERVES||||||||
|General Fund|||||1,272,443||1,289,516|
|Designated<br>Fund|||||218 976||338092|
|TOTAI. RESERVES|||||~14 1~41||~162<br>608|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|TANGIBI.E|I'IXED|ASSETS|||||||
|---|---|---|---|---|---|---|---|---|
||||||Other Assets||&||
|||Solar|Buildings||Computer||Motor|Total|
||||||Equipment||Vehicle||
|Cost:|||||||||
|At 1"January 2021<br>Additions||52,248|123,906||12,155||83,420|271,729|
|Disposals|||||||25,766<br>(26,9011|25,766<br>(26,901)|
|At 31"December 2020||~224|12390|.|~12 15||~3420|~21 222|
|Depreciation<br>At 1"January 2021<br>Charge for year<br>On Disposals||4,180<br>2,090|15,485<br>2,478||10,217<br>639||43,255<br>15,640<br>~8877|73,137<br>20,847<br>~8877|
|At 31"December 2021||6270|17963||~108 6||50018|85 107|
|Net Book Value|||||||||
|At 31"December 2020||~4|~1421||1|38|~40 1 5|195,~52|
|At 31"December 2021||45 978|105943||||~2 26|185488|
|6.<br>CASH AT BANI&|||||||||
||||||||2022|202I|
|Barclays Bank Plc<br>Cash in hand<br>FNB|||||||1,263,381<br>69|1,376,054<br>1,129|
|Nedbank BDO<br>StaffLoan|||||||12,431<br>30,050|14,811<br>37,022|
||||||||~1593|l429416|
|7.<br>MOVEMENI|IN RESERVES||||||General|~Desi ected|
|As at 1"January 2022<br>Surplus/(I<br>oss) for the year<br>At 31"December 2022|||||||1,289,516<br>(17,073)<br>1~22.443|338,092<br>(1]9,116)<br>218 976|
|DESIGNATED RESERVFS|||||||||