## **THE WINNIE MABASO FOUNDATION** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** **Registered Charity number: 1160321** ## **THE WINNIE MABASO FOUNDATION** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **INDEX** |Trustees, registered office etc
Trustees’ Report
Statement of Trustees’ Responsibilities
Independent Examiners Report
Income and Expenditure Account
Balance Sheet
Notes to the Financial Statements|Page
1
2-5
6
7
8
9
10 -11| |---|---| **THE WINNIE MABASO FOUNDATION** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023** **CURRENT TRUSTEES** (UK) Ms Sarah Rowley (Chair) Ms Charlotte L Millar Mrs Joy Monks (Resigned 10/01/2023) Mrs Clair Jane Diggle (Treasurer) Ms Patricia Williams (SA) Mrs Zoya Naidoo Mr Mluleki Shongwe Ms Mpho Maponya Mrs Phemelo Mosadinyana Mitchell (Apointed 10/01/2023) **PATRONS** Mr Jonathan Edwards Mr David Morrissey **REGISTERED OFFICE** 78 North Road Glossop Derbyshire SK13 7AU **REGISTERED CHARITY NUMBER** 1160321 **INDEPENDENT EXAMINER** Graham H Wood & Co Chartered Accountants 225 Market Street Hyde SK14 1HF England _Page 1_ **THE WINNIE MABASO FOUNDATION** ## **TRUSTEE REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2023** We present our report and financial statement for the year. ## **Structure and Governance** The organisation is a Charitable Incorporated Organisation (CIO) established by a constitution agreed on 13 December 2014 and registered with the Charity commission on the 4 February 2015. It is managed by its board of trustees. The trustees who served during the year were: **UK Board members** - Sarah Rowley (Chair) Charlotte Millar, Joy Monks and Clair Diggle, Patricia Williams. **SA Board members** - Zoya Naidoo, Mlu Shongwe and Mpho Maponya. In January Joy Monks was replaced by Phemelo Mitchell. Zoya Naidoo resigned and was replaced by Millicent Jones. We now have four Trustees based in the UK and four based in SA. Lisa Ashton MBE, Founder and CEO of The Winnie Mabaso Foundation continued working full-time for the Foundation through funding from a donor. ## **Activities and Objectives** The Winnie Mabaso Foundation raises funds to support various projects for the benefit of vulnerable and orphaned children in South Africa and the wider community through fund raising activities and individual donations. The main focus of the Winnie Mabaso Foundation relates to: Ilamula House: A place of safety for girls who have been abused, orphaned or abandoned from the ages of 2 -18 in Mid Ennerdale, South Africa. The Foundation now has an additional property Tropic House, a forever home for some of the girls who have completed high school education. ## **Our project work includes:** Mabaso Pre School, Mabaso library, Gardening Club, Feeding station, Homework Club, Provision of School Uniforms to underprivileged children, Mama Nabantwana (Mother and Baby group) Sew Amazing sewing school, Granny club, Individual family support, Workshops/training, We are enormously thankful to all of our sponsors and supporters who continue to enable us to share Mabaso Love with our friends in South Africa. ## **A year in the life of The Winnie Mabaso Foundation!** ## **January** Joy Monks, one of the UK based Trustees stood down to redress the balance between UK and SA based trustees. She was replaced by Phemelo Mitchell. Pre School reopened after the long December holiday. We continued to distribute supplies to the flood victims in Meriting. 17th Jan we held our annual minutes silence for Winnie Mabaso who's love continues to be the inspiration for this amazing foundation. ## **February** Winnie joins the Care Giving team. Thanks to so many generous donations we were able to provide a brand new shack for Lindiwe who lives in Meriting after hers was destroyed. _**Page 2**_ We ran health checks for our Granny club members. Lisa Ashton CEO spoke to the Rotary Club in Glossop about Winnie Mabaso. We're sure she impressed them. The Friday Night feeding station continues come rain or shine thanks to the generous support of so many. ## **March** Coach Isaac continues to coach our Meriting Girls soccer team. Maria Ferrie came from the UK to volunteer for two weeks. We had our annual Port Edward trip with the Ilamula girls. This is such an amazing week that allows our team and our girls to bond and have fun at the same time. Thank you to Paul and Sarah for having us - see you next year! ## **April** We began a new book club initiative with our Mama Nabantwana Ladies. Thanks to Edwin Doran Sports Tours for their donation of sports kit to the children in Meriting. They look super cool. We also welcomed some of the team from Edwin Doran Sports as they plan their school trips for the summer. The Tropic House is ready to move into! The restoration has been a fantastic effort from all those who worked so hard to transform the house into a home. It was an historic day when two of our oldest girls from Ilamula moved into Tropic House to begin a new phase in their lives living independently. ## **May** We welcomed visitors from British Airways and Louise Morgan from Tropic Skin Care. She was able to visit Tropic House to see it for herself. The Mama Nabantwana team took part in a gender based violence workshop. The lounge at Ilamula house was redecorated. Thanks to Mike Chadzier for all his hard work in helping to transform it. Ncami joined the Care Giving Team. To support our link to the UK we joined the UK's 'Big Help Out' volunteering day which marked the coronation of King Charles II. We delivered grocery packs to our friends in Meriting. ## **June** Sbonelo Youth was launched. Supporting 15 young men from Meriting. To celebrate Youth Day Dudu, Miss Earth planted fruit tress at Tropic House. Ace Models hosted a fantastic event for the girls at Ilamula. Team Mabaso received First Aid refresher training. The new logo and tag line was launched. 'The Winnie Mabaso Foundation - Keeping Mabaso love alive.' Huge thanks to Busie Mdluli for coming up with the idea. Edelman Africa made a great video capturing their day's volunteering in Meriting. Our thanks to them too for sponsoring 50 young women in Meriting to have a menstrual hygiene workshop. The magazine The People's Friend in the UK ran an article on the foundation. They are very much valued supporters. ## **July** Volunteers from the British High Commission spent their 67 volunteering minutes with the team in Meriting. The Department of Social Development renewed our registration for another 5 years. Our social workers had a fantastic surprise when they went to a workshop at the Oprah Winfrey Leadership Academy and the lady herself was there. Hopolong joined the Care Giving Team. Edwin Doran began their UK school visits. The girls were invited to join the Youth Empowerment Day in Johannesburg. ## **August** 4th August- A proud day for the foundation when Geremi, a young boy we have supported, was asked to chair the Children's Parliament in South Africa. Aunty Linna and Aunty Lemo organised a Woman's Day conference for the girls at Ilamula to _Page 3_ mark National Women's Day. It’s all part of empowering the girls and encouraging them to grow into strong independent women. During the UK Summer holidays almost 1000 children from the UK came to spend time in Meriting. These visits are facilitated by Edwin Doran Sports Tours. We're so grateful to them for continuing to support the foundation. Two volunteers from the UK (Aimee and Amber) spent two weeks with us helping in the pre-school, in the gardens and with the Friday night feeding station. Our care givers completed their 'Conflict and Behaviour Management Training and have the certificates to prove it. We're very proud of them. ## **September** The Foundation supported those affected by the Johannesburg fire with a hot meal clothes toiletries and diapers. The team began distributing blankets donated by Edelman Africa. Our Clinic was transformed into a spa for our grannies – they have been truly pampered. Our Sew Amazing students showcased their own fabulous creations. Our Tropic Skincare Family raised a massive £133,675 to be shared between two other charities and ourselves. We are eternally grateful. Their continued support means we can continue to treat our Grannies and support the girls' education. ## **October** We had a huge response to our school holiday club in Meriting Msizi from Food And Trees For Africa delivered a masterclass in composting to the gardening team. South Africa won the Rugby World Cup 2023 and there were many celebrations throughout the foundation and even the CEO was cheering here from the UK in her rugby shirt. Friends from Beal Travel enjoyed a volunteering day. ## **November** Our Granny club enjoyed their trip to Port Edward at Teen Ranch with Paul and Sarah paid for by the wonderful Tropic Skincare Family. Palesa graduated from the Hair Academy Alberton. We are all super proud of her. ## **December** #WorldAidsDay2023 our Sbonelo Youth team presented a play to the community. The team consisted of the boys that will soon be coming to an end of the programme and its been astonishing to see the transformation to their lives. We hosted a Christmas party for the Mama Nabantwana and Sew Amazing ladies. They made the most of their afternoon tea at Tropic House and enjoyed a refreshing dip during the heatwave in the refreshing swimming pool. Our team started the month with the pressie distribution with Santa and his team. The children’s faces were a treat. The Peoples Friend have continued their amazing support for our foundation and have included a beautiful piece about of 20[th] Year celebrations in their magazine. 200 Grocery packs delivered this month. Happiness, one of our Ilamula girls, is now living independently at Uthando House and joins our Housekeeping team until she starts university. Full Circle! We are now entering the 20[th] year of the Winnie Mabaso Foundation. How proud Winnie would be to see that her legacy of love and kindness continues. ## **Other Highlights:** **Private tutoring:** We have continued with private tutors Monday-Friday afternoons to assist with homework and to give one to one help to the Ilamula girls who need it. **Early childhood Training:** Staff at Ilamula will be placed on this training which will help them advance as well as benefiting the foundation. _Page 4_ **Virgin Atlantic:** are keen to promote the volunteering program scheme with their staff to either volunteer during their annual leave or assist when they are out in South Africa with the crew.. **Friday Night Feeding:** 800 **-** 1000 of our friends down in Meriting receive a hot meal every Friday night. 52,000 meals have been provided this year alone. **Spread Some Sunshine:** continued to sponsor Birthday Gifts and cakes for all the Ilamula children. This year they also made a cash donation that enabled the Ilamula children to spend a day at the shopping mall with a budget of R500 to choose new clothing or toys for themselves or their friends. **Gardens:** Our gardening team continued to work hard and grew veggies for us to use, share and sell. ## **Emergency Grocery Packs:** We continued to deliver weekly emergency grocery packs to those in need throughout the whole of 2022. **Tropic House** : the transformation has been completed! This house has been transformed into a forever home for our Ilamula girls that come of age. This provides them with a more traditional life where they can live with their family (their Ilamula sisters) when they leave Ilamula. Thank you again to our Tropic family for making this dream a reality. ## **Financial Statements** For the year ended 31 December 2023 the CIO had a loss of £19,524 (compared with a loss of £136,189 in the previous year). This is the ninth full year of operating the Ilamula orphanage. The CEOs salary including employers’ national insurance costs are covered by a donation provided specifically for that purpose. The expenditure was funded solely by donations received by the charity during the year. Mrs Clair Diggle (Treasurer) **On behalf of the trustees** Date: 29/01/2024 _Page 5_ **THE WINNIE MABASO FOUNDATION** ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit for that period. In preparing the 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 appropriate legislation. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. _Page 6_ THE WINNIE MABASO FOUPIDATION IDdependeDt Examiners He￿rt Report to the irustees of 11]e Winnic MabJ5o r"oundaiion (Charily number 1160321) on the accounis for the ycox ended 31. December 2023, which ar¢ s¢t oui on pages 7-10. Illtles of t miner The charity's trustecs are reswjnsible for the prepar￿lOn of the accounts. The chriiy's truMees consider an audii is noi required for this year under section 144 of the Chari(i&s A¢1 2011 (tke Charitie5 Aci) atKI thgt an indettndeni examinaiion is neede li is my responsibili(y io: Examine th¢ a¢couni ut)der lection 145 of ihe Charities Aci. To follow Ihe procedure5 laid down in thc Gcneraj Dircctions given by Ihe Charity Comtni5SLon (under section 145151 Ib) of the Charities Act) and To Btsie whether part]￿l&r matters have come io my attenti￿. Basis of i￿1 ndenl exami My examinauon was carried oui in accordan(% with general directioDS given by the ChArity Commis.iion. An examination includes u review of the accouniing r¢¢ordg kept by the chtsriiy and a ¢ompariAon ol the accourtis presented wilh thoge records. li also includes consideratiotl ol any unusual items tsr disclosurcs in the account5 and seeking explanations from the trustees conccrnin8 any such mat￿. Tr procedures undertaken do provide ail ihe evidcncc ihar would be required in an audit and cOn5¢quen￿Y n(Tr opinion is giv¢n a$ 10 whettr*r the a¢counis preseni a and (air vicw and reF¥xt 15 limited ￿ those matt￿$ sd oui in thc sra(emeni FKIOW: Inde endent txaminer 5 Statement Ill connection wilh tny exatnination, no matter has Come io my aiiention.. 11) which give me reasonable caus¢ to believe that in any Materi￿ respect the requirements.. k¢ep accounting records in accordantt with seciion 130 of the Charities Aci." to prepare accounis which accord with the accounting records and comply with tt accounung requirements of the ch￿lu￿ Aci. Have noi been tnei.. or (2) to which, in my opinion. aiteniion should ￿ drawn in ord¢r tts enable a proper undcrstanding of the accounts io tre reached. Date.. 2813r2024 Graham H Wood & Co 225 Market Siree Ilyd¢ SK14 IHF Quaiificaiion.. challe￿1 Accounthnis Poy7 **THE WINNIE MABASO FOUNDATION** ## **INCOME AND EXPENDITURE ACCOUNT** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** |**Notes**

£
**RESOURCES EMPLOYED**
Income:
Donations received
1c
Donations received designated
1d
Bank Interest Received
Fund raising
**DIRECT COSTS**
Expenditure:
Project costs
79,630
Child Sponsorship and Training
-
Orphanage running costs
233,752
Orphanage repairs
10,588
Education
27,560
Tropic House repairs
4,903
Motor Expenses
43,388
Travel costs in South Africa
489
Groceries and supplies
41,405
Fundraising costs
1,291
**SURPLUS/(DEFICIT) BEFORE OTHER COSTS**
Travel costs including flights
3,087
CEO Salary (incl. National Ins)
40,000
Profic/(loss) on sale of asset
(1,754)
Fraudulent bank activity
-
Pension contributions and charges
1,500
Depreciation
20,582
Bank charges
2,279
BDO fees
813
Exchange rate gain/loss
1h
(342)
**SURPLUS/(DEFICIT) AFTER OTHER COSTS**
**RESERVES AT START OF YEAR**

**RESERVES AT END OF YEAR**|**2023**

£
£
323,052
90,000
2,063
74,532
489,647
48,651
-
223,747
8,239
40,639
15,915
35,581
-
29,139
886
(443,006)
46,641
3,014
37,500
(1,794)
1,250
1,500
20,847
2,792
589
21,530
(66,165)
(19,524)
1,491,419
1,471,895|**2022**
£
296,958
-
1,272
55,606
353,836
(402,797)
(48,961)
(87,228)
(136,189)
1,627,608
1,491,419| |---|---|---| The accompanying accounting policies and notes on pages 9 and 10 form part of the financial statements. _Page 8_ **THE WINNIE MABASO FOUNDATION** ## **BALANCE SHEETAS AT 31[ST] DECEMBER 2023** |**Notes**
**TANGIBLE FIXED ASSETS**
£
Building
5
Computer Equipment & Other Assets 5
Motor Vehicles 5
Solar
5
**CURRENT ASSETS**
Cash at Bank and in Hand
6 1,292,029
Prepayments
-
**TOTAL ASSETS**

Wages
-
PAYE Control
-
Pension Control
-
PAYE Control (South Africa)
-
**TOTAL ASSETS LESS LIABILITIES**
**RESERVES**
General Fund
7
Designated Fund
7

**TOTAL RESERVES**

The financial statements were approved by the trustees on:
Signed on behalf of the Board:|**2023**
£
£
103,465
870
31,642
43,889
179,866
1,305,931
-
1,292,029
1,471,895

-
-
-
-
-
1,471,895
1,230,479
241,416

1,471,895
|**2022**
£
105,943
1,298
32,268
45,979
185,488
1,305,931
1,491,419
-
1,491,419
1,272,443
218,976
1,491,419|**2022**
£
105,943
1,298
32,268
45,979
185,488
1,305,931
1,491,419
-
1,491,419
1,272,443
218,976
1,491,419| |---|---|---|---| ||||| Trustee: Ms Sarah Rowley ………………………………………………………………… Treasurer: Mrs Clair Jane Diggle..………………….……………………………………… The accompanying accounting policies and notes on pages 10 to 11 form part of the financial statements. _Page 9_ **THE WINNIE MABASO FOUNDATION** **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2023** ## **1. PRINCIPAL ACCOUNTING POLLICIES** The financial statements have been prepared in accordance with applicable Accounting Standards in the United Kingdom. A summary of more important policies is set out below: ## (a) Basis of Accounting These accounts have been prepared under the historic cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to the accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: 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) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011 The charity constitutes a public benefit entity as defined by FRS 102. ## (b) Resources Employed Income represents the donations received by the charity from various sources. ## (c) General Fund This account represents the free funds of the charity, which are not designated for particular purposes. The trustees will make decisions on the amount of grants to be paid to the various projects and wish to maintain funds for further costs required by the projects and the Foundation Orphanage. ## (d) Designated Fund This account represents donated funds of the charity which are designated for a specific purpose. ## (e) Value Added Tax The charity is not registered for Value Added Tax. In the financial statements expenditure is shown inclusive of VAT, where applicable. ## (f) Cash Flow Statement Under Financial Reporting Standard No.1 the charity is not required to produce a cash flow statement. ## (g) Tangible Fixed Assets Tangible assets are stated in the balance sheet at cost less depreciation. The buildings are depreciated on a straight line basis over 50 years. Computer equipment is depreciated on a straight line basis over 3 years. Motor vehicles purchased pre 2021 are depreciated at 25% reducing balance, post 2021 are 33% reducing balance in line with a change in internal policies. Solar panels are depreciated over 25 years, straight line. ## (h) Exchange rate The exchange rate has been calculated using an average of the year. ## **2. TRUSTEES AND EMPLOYEES EMOLUMENTS** None of the trustees received any emoluments. The charity has one employee and the whole of the salary and Employers National Insurance costs are covered by Designated donations received specifically for that purpose. ## **3. PROFESSIONAL FEES** The independent examiner makes no charges for his service. _Page 10_ **THE WINNIE MABASO FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2023** ## **4. TAXATION** No provision for taxation is required as the trust is a registered charity. ## **5. TANGIBLE FIXED ASSETS** |**Other Assets &**
**Solar**
**Buildings**
**Computer Motor**
**Equipment Vehicle**
**£**
£
£ £
**Cost:**
At 1stJanuary 2023
52,248 123,906
12,155 82,285
Additions
-
-
-
22,144
Disposals
-
-
-
(30,519)
At 31stDecember 202352,248 123,906
12,155
73,910
**Depreciation**
At 1stJanuary 2023
6,270
17,963
10,856
50,018
Charge for year
2,089
2,478
429
15,585
On Disposals
____-
- - (23,335)
At 31stDecember 20238,359 20,441
11,285
42,268
**Net Book Value**
At 31stDecember 2022
45,978 105,943
1,298
32,268
At 31stDecember 2023
43,888 103,465
870
31,642
**6.**
**CASH AT BANK**
**2023**
**£**
Barclays Bank Plc
1,259,126
Cash in hand
91
FNB
17,298
Nedbank BDO
15,737
Staff Loan
(223)
1,292,029

**7.**
**MOVEMENT IN RESERVES**
**General**
£
As at 1stJanuary 2023
1,272,443
Surplus/(Loss) for the year
(41,964)
At 31stDecember 2023
1,230.478
DESIGNATED RESERVES|**Total**
£
270,594
22,144
(30,519)
262,219
85,107
20,581
(23,335)
82,353
185,488
179,866
**2022**
**£**
1,263,381
69
12,431
30,050
-
1,305,931
**Designated**
£
218,976
22,440
241,416| |---|---| ||| £ In respect of donations for CEO salary 90,000 **8. CONTINGENT LIABILITY** There are no known contingent liabilities. _Page 11_