## **THE WINNIE MABASO FOUNDATION** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2024** **Registered Charity number: 1160321** ## **THE WINNIE MABASO FOUNDATION** ## **FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2024** ## **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 2024** **CURRENT TRUSTEES** (UK) Ms Sarah Rowley (Chair) Ms Charlotte L Millar Mrs Clair Jane Diggle (Treasurer) Ms Patricia Williams (SA) Mr Mluleki Shongwe Ms Mpho Maponya Mrs Phemelo Mosadinyana Mitchell Mrs Millicent Beverley Jones **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 2024** 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, Clair Diggle and Patricia Williams. **SA Board members** - Mluleki Shongwe, Mpho Maponya, Phemelo Mitchell and Millicent Jones. There has been no changes to the board in this financial year. We have four Trustees based in the UK and four based in South Africa. 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 full time 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, Sports coaching, Dance Classes Remote Clinic ## **Achievements and Performance.** 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 and Celebrating 20 years of Mabaso Love!** ## **January** Pre School reopened after the long December holiday, and we were able to provide our tiny tots with uniforms. Spread Some Sunshine confirmed they will continue to sponsor the girls’ birthdays throughout 2024 and also the pre-schoolers. City Rock Climbing School in Johannesburg sponsored the girls to spend the day with them. They had an amazing time and grew in confidence and courage. _**Page 2**_ Orange Lamb redesigned our website for us – it looks totally refreshed and we are delighted with the result. Two of our older girls passed their Matric examinations and applied to college. One to study ECD and one Tourism. 17th Jan we held our annual minutes silence for Winnie Mabaso who's love continues to be the inspiration for this amazing foundation. ## **February** Sheila Conchie and her family volunteered for us in South Africa. It was wonderful for the team to get to know them. Annie Maxim sponsored our Friday Night Feeding Station in memory of her mum, Rosina. We welcomed back one of our girls whose reunification with her family didn’t work out. Our dilapidated trampoline was replaced thanks to the kindness of sponsors on Facebook. Our gardens started producing chillis and watermelons. Social Worker Jayna left to move to Australia, ## **March** One of our drivers was highjacked and our vehicle was stolen. Whilst the vehicle was not recovered we were happy that the driver escaped with a few injuries. We celebrated International Women’s Day with ladies from Mama Nabantwana (our mother and baby group) and our Granny Club. The girls spent a Saturday making use of our swimming pool at Tropic House. They had a great time! We partnered with the University of Johannesburg who will be sending students to volunteer with us throughout 2024. Several South African corporates and friends on social media provided Easter Eggs for the children. ## **April** Virgin Atlantic’s in-flight magazine ‘Vera’ ran a wonderful story about our partnership with their crews. We welcomed a new little girl to Ilamula. Torga gave our girls eye test and reduced-price spectacles for those who needed them Three weeks after the highjack of our bakkie another highjack took place and once again our vehicle was stolen but driver uninjured. The vehicle was found but was in a mess. Crime is increasing locally, especially car theft and we are putting additional measures in place to protect our drivers. Edwin Doran provided us with a wonderful giant-sized chess set in Meriting. The children and grannies will be taught how to play. Our friends at Wimpy provided a wonderful meal for the girls. ## **May** Shoprite’s ‘Act for Change’ initiative agreed to provide training and resources for our gardening projects Team Member Coco launched his Dance Class sessions. We were able to provide Geremi a local student with a lap top and internet access. We welcomed another little girl to our family. We held a wonderful 20[th] Anniversary party in Meriting that was attended by over 1000 people. It was a true celebration of all we have achieved. We paused our volunteering scheme for a period on account of the local crime. Sarah Porru ran the Manchester 10km for us! Our site in Meriting became a voting station for the local community for the elections. Lisa wrote a 6 week series of stories for the People’s Friend magazine about the Foundation. ## **June** The girls had a rugby lesson with the Lions Rugby Team at Emirates Airline Park The girls spent a week at the seaside at Teen Ranch in Port Edward. They had a marvellous time. ## **July** Our Patron, Oti Mabuse appeared on Channel 4’s ‘I Literally Just Told You That’ and won £21,000 for us! _**Page 3**_ Wimpy and Engen SA came and made burgers for the girls to celebrate Mandela Day and also planted a tree in our yard. The British High Commission and the British Chamber of Business in South Africa spent Mandela Day volunteering with us. Our friends at JLL spent a day volunteering with us. Faye Toner from Virgin Atlantic treated the girls to a delicious meal at Spur in Sandton Josie Moore from Edwin Doran came to visit and was able to take her sponsor granny out for the day. They had a marvelous time. Our oldest girl passed her driving test ## **August** Our girls continue with their dance, drama and music lessons at JATA A local little girl was diagnosed with cancer and given a few weeks to live. Thanks to the kindness of our sponsors, we were able to provide the family with a long weekend of fun at a hotel to make precious memories. She sadly passed a few weeks later but the family were truly appreciative of our support. We celebrated one of our girls turning 18 ## **September** Lindsay Reif ran the Great North Run for us Our oldest girl and our Social Worker travelled to the UK and attended the annual Tropic Skincare event where they were invited onto the stage and spoke to over 5000 women about the Foundation. They raised an incredible £40,000 for us We also visited the South African Embassy in London and met with the Deputy High Commissioner We were able to provide Granny Martha with a new home after hers was destroyed in a fire. Charlie Roadnight walked from John O Groats to Lands’ End and raised almost £5000 for us. Aunty Cathy retired from Ilamula House. We had a goodbye party and will miss her. We hosted our first Careers Day at Ilamula with representatives from various professions who spoke to the girls about their careers. ## **October** We were able to provide 5 homes to families who lost theirs in fires Harry Ashworth completed the Manchester half marathon for us. We were given some extra land to develop our gardening programme further The housekeeping team made some wonderful Halloween treats for the girls ## **November** We launched our Christmas Appeal to provide disadvantaged children with a Christmas gift and the chance to meet Santa in our very own grotto. The Team were invited to the Mrs South Africa prelims at MonteCasino Donations on social media allowed us to replace our broken stove door ## **December** We were able to provide over 500 Christmas gifts to disadvantaged children in the community and they loved meeting Santa Virgin Atlantic provided over 200 Christmas gifts for our girls and children in the community plus our staff children We marked World AIDS day with sessions with Mama Nabantwana and Grany Club Virgin Atlantic’s In-Flight magazine ‘Vera’ ran another story about the Christmas Boxes the crew provided for us We hosted our annual staff recognition awards. We are so proud of our team. Oti and Motsi Mabuse went on ITV’s Deal or No Deal and won almost £12,000 for us! SportsPro Lodge and Josie Moore treated our girls to a 2-night stay. They had a wonderful time. It was our final Friday Night Feeding Station. This year we have been able to feed over 52,000 community members. _Page 4_ ## **Financial Statements** For the year ended 31 December 2024 the CIO had a loss of £66,019 (compared with a loss of £19,524 in the previous year). This is the tenth full year of operating the Ilamula orphanage. The CEOs salary 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: 26/03/2025 _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 FOUNDATION** ## **Independent Examiners Report** Report to the trustees of The Winnie Mabaso Foundation (Charity number 1160321) on the accounts for the year ended 31[st] December 2024, which are set out on pages 8-11. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - Examine the account under section 145 of the Charities Act. - To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145 (5) (b) of the Charities Act) and - To state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below: ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: - (1) which give me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Charities Act: and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act. Have not been met: or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## Cia Date: 17[th] April 2024 **Graham H Wood & Co** Qualification: Chartered Accountants _Page 7_ **THE WINNIE MABASO FOUNDATION** ## **INCOME AND EXPENDITURE ACCOUNT** ## **FOR THE YEAR ENDED 31 DECEMBER 2024** |**Notes**

£
**RESOURCES EMPLOYED**
Income:
Donations received
1c
Donations received designated
1d
Bank Interest Received
Fund raising
**DIRECT COSTS**
Expenditure:
Project costs
58,108
Child Sponsorship and Training
-
Orphanage running costs
208,073
Orphanage repairs
6,191
Education
28,557
Tropic House repairs
2,498
Motor Expenses
34,479
Travel costs in South Africa
-
Groceries and supplies
40,353
Fundraising costs
653
**SURPLUS/(DEFICIT) BEFORE OTHER COSTS**
Travel costs including flights
9,168
CEO Salary (incl. National Ins)
45,000
Profic/(loss) on sale of asset
(4,833)
Fraudulent bank activity
-
Pension contributions and charges
1,500
Depreciation
24,593
Bank charges
2,503
BDO fees
883
Exchange rate (gain)/loss
1h
1,978
**SURPLUS/(DEFICIT) AFTER OTHER COSTS**
**RESERVES AT START OF YEAR**

**RESERVES AT END OF YEAR**|**2024**

£
£
132,568
150,000
1,510
109,607
393,685
79,630
-
233,752
10,588
27,560
4,903
43,388
489
41,405
1,291
(378,912)
14,773
3,087
40,000
(1,754)
-
1,500
20,582
2,279
813
(342)
(80,792)
(66,019)
1,497,895
1,405,876|**2023**
£
323,052
90,000
2,063
74,532
489,647
(443,006)
46,641
(66,165)
(19,524)
1,491,419
1,471,895| |---|---|---| 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 2024** ||**Notes**|||**2024**||**2023**| |---|---|---|---|---|---|---| |**TANGIBLE FIXED ASSETS**||£|£|£|£|£| |Building|5|||100,987||103,465| |Computer Equipment & Other Assets 5||||582||870| |Motor Vehicles 5|Motor Vehicles 5|Motor Vehicles 5||40,074||31,642| |Solar|5|||41,799||43,889| |||||183,442||179,866| |**CURRENT ASSETS**||||||| |Cash at Bank and in Hand|6 1,223,295|6 1,223,295|||1,292,029|| |Prepayments|||-||-|| |||||1,223,295||1,292,029| |**TOTAL ASSETS**|||1,406,737|1,406,737|1,471,895|1,471,895| |Wages|||-||-|| |PAYE Control|||-||-|| |Pension Control|||-||-|| |PAYE Control (South Africa)||(861)|||-|| |||||(861)||-| |**TOTAL ASSETS LESS LIABILITIES**||||1,405,876||1,471,895| |**RESERVES**||||||| |General Fund|7|||1,238,017|1,238,017|1,230,479| |Designated Fund|7|||167,859||241,416| |**TOTAL RESERVES**||||1,405,876||1,471,895| |The financial statements were approved by the trustees on:|||The financial statements were approved by the trustees on:|The financial statements were approved by the trustees on:||| |Signed on behalf of the Board:||||||| 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 2024** ## **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 2024** ## **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 2024
52,248 123,906
12,155 73,911
Additions
-
-
-
67,619
Disposals
-
-
-
(67,518)
At 31stDecember 202452,248 123,906
12,155
74,011
**Depreciation**
At 1stJanuary 2024
8,359
20,441
11,285
42,268
Charge for year
2,090
2,478
288
19,737
On Disposals
____-
- - (28,068)
At 31stDecember 2024 10,449 22,919
11,573
33,937
**Net Book Value**
At 31stDecember 2023
43,888 103,465
870
31,642
At 31stDecember 2024
41,799 100,987
582
40,074
**6.**
**CASH AT BANK**
**2024**
**£**
Barclays Bank Plc
1,188,629
Cash in hand
205
FNB
13,386
Nedbank BDO
21,075
Staff Loan
-
1,223,295

**7.**
**MOVEMENT IN RESERVES**
**General**
£
As at 1stJanuary 2024
1,230,479
Surplus/(Loss) for the year
7,538
At 31stDecember 2024
1,238,017
DESIGNATED RESERVES|**5.**
**TANGIBLE FIXED ASSETS**
**Other Assets &**
**Solar**
**Buildings**
**Computer Motor**
**Equipment Vehicle**
**£**
£
£ £
**Cost:**
At 1stJanuary 2024
52,248 123,906
12,155 73,911
Additions
-
-
-
67,619
Disposals
-
-
-
(67,518)
At 31stDecember 202452,248 123,906
12,155
74,011
**Depreciation**
At 1stJanuary 2024
8,359
20,441
11,285
42,268
Charge for year
2,090
2,478
288
19,737
On Disposals
____-
- - (28,068)
At 31stDecember 2024 10,449 22,919
11,573
33,937
**Net Book Value**
At 31stDecember 2023
43,888 103,465
870
31,642
At 31stDecember 2024
41,799 100,987
582
40,074
**6.**
**CASH AT BANK**
**2024**
**£**
Barclays Bank Plc
1,188,629
Cash in hand
205
FNB
13,386
Nedbank BDO
21,075
Staff Loan
-
1,223,295

**7.**
**MOVEMENT IN RESERVES**
**General**
£
As at 1stJanuary 2024
1,230,479
Surplus/(Loss) for the year
7,538
At 31stDecember 2024
1,238,017
DESIGNATED RESERVES|**Total**
£
262,220
67,619
(67,518)
263,320
82,353
24,593
(28,068)
78,878
179,866
183,442
**2023**
**£**
1,259,126
91
17,298
15,737
(223)
1,292,029
**Designated**
£
241,416
(73,557)
167,859| |---|---|---| |||| £ In respect of donations for CEO salary - ## **8. CONTINGENT LIABILITY** There are no known contingent liabilities. _Page 11_