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# Report and Financial Statements for Year Ended 31 August 2022
AMM 17 May 2023
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|Charity name|The Mlambe Project|
|---|---|
|Charity registration number
Company registration number|1160518
09185866|
|Registered address|The Oaks Farnham Road, Odiham,
RG29 1HR|
|Email address|AndrewMM@themlambeproject.org|
|Website|www.themlambeproject.org|
|Malawi centre of operation|Mlambe School, Chikolongo Village, T/A
Kalembo, Balaka District, Malawi|
|Board of Trustees|Trustees at the time of reporting
Jon Hassain - Chair
Andrew May-Miller
Jonathan Ifould (From December 2021)
Lucy Ifould|
|Bankers|Metro
Bank,
One
Southampton
Row,
London WC1B 5HA, Tel: 0345 08 08 500|
|Independent Examination Report|Megan Phiri|
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Summary Charity Purpose and Aims Delivering Public Benefit Specific Deliveries in this Reporting Period Full list of buildings by The Mlambe Project Organisational and leadership changes Other Volunteers Fundraising Structure, Governance and Management Related Parties Financial Review
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## Report of the Trustees for the Year Ending 31 August 2022
## Summary
In 2021/22 The Mlambe Project (TMP) delivered four more classrooms in rural southern Malawi. Classroom accommodation for two hundred and forty children who would otherwise have had to learn in the open or in the most basic of shelters.
The classrooms were built using stabilised soil blocks which have the lowest carbon cost of any suitable building technique.
Our leadership team was stable in 2021/22. We continued with our 100% volunteer approach in UK and were pleased to have Jon Ifould move from an informal support position to a trustee role.
Having standard designs for classrooms and toilets we had a much reduced need for engineering and architect support so the large donations in kind up to 2020 from our engineer and architect do not feature this year. In kind donations have continued in fundraising and, especially in this year, in redeveloping the web site but the monetary value and benefit of these is much harder to quantify.
A very special highlight of 2021 was the formation of The Mlambe Project as an NGO in Malawi in March. This provides a independent formal organisation in Malawi for us in the UK to work with. The trustees of the Malawian NGO include local education managers, a head mistress and a trustee with construction skills. This highly relevant and varied skill sets will provide additional assurance that our delivery in Malawi is targeted at the areas of greatest need and in the most effective way.
We worked hand in glove with the Malawian NGO which ensures the projects we undertake are focussed on local priorities.
In 2022 our founders visited Malawi and toured all the schools we have supported. This has been a great help in ensuring the continuation of the deep personal and organisation connection between all stakeholders in The Mlambe project.
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## Charity Purpose and Aims
The Mlambe Project seeks to transform education and economic opportunities in Malawi using innovative & economical high-impact methods which are environmentally responsible and socially sustainable. More specifically, the charity aims to:
- Improve access to, and quality of, education, chiefly by constructing school infrastructure
- Support the local economy through developing skills & employment opportunities within the school construction projects.
- Innovate & promulgate good development practice.
The core charitable objects, as set out in the Memorandum and Articles of Association, are:
- 1) The prevention or relief of poverty at Mlambe School and its surrounding area, and elsewhere in Malawi, by providing or assisting in the provision of education and training projects and all necessary support designed to enable individuals to generate sustainable income and be self-sufficient and in particular by promoting the use of the ‘Earthbag’* building technique.
- 2) To develop the capacity and skills of the members of the socially and economically disadvantaged community around Mlambe school, Malawi, in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
*The earthbag building technique has been superseded by “Stabilised Soil Block” (SSB) construction. The trustees are aware that the formal stated objectives should be updated.
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## Delivering Public Benefit
The Trustees have referred to the Charity Commission’s guidance on public benefit in relation to the Charity’s aims and objectives. Trustees consider it important to demonstrate progress to supporters and others interested in the charity’s work.
The Mlambe Project delivers public benefit in several ways:
- By improving education in Malawi. We do this by providing funding and expertise to build much-needed school facilities, principally classrooms, toilets and teachers houses. Without the infrastructure we provide, children are often taught outside or in ramshackle shelters. They are more likely to abandon education at an early age. By providing classrooms and other facilities, such as toilets, the quality and uptake of education is improved for the pupils at schools in rural communities of Balaka district.
- Girls' access to education is particularly enhanced by improved facilities. This is essential as at present fewer than half of girls in Malawi complete basic education.
- By providing marketable skills to members of the local community. All our construction is managed and delivered by local people. Local people are learning management and accounting skills as well as sustainable building techniques. Local government has expressed a desire for us to spread these skills more widely in the community. Sustainable building not only supports rural development but also has a positive impact on Malawi’s greatest environmental concern - deforestation.
- By providing educational initiatives for both children and adults, including online access to higher education and other internet-based learning and resources. Activity in this area has been limited in this reporting period.
- (The nursery feeding programme continued this year, an initiative initiated and funded by one of our volunteers, Jess King. The Programme ensures all early years children at the Mlambe school receive a nutritious meal at nursery school. Funding for this now goes direct to the Malawi NGO rather than than through the UK charity. )
## Specific Deliveries in this Reporting Period
In the year ending August 2022 we constructed four classrooms.
A block of two classrooms at Ngwindimba School and another block of two at Ulongwe 1 School.
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## Full list of buildings by The Mlambe Project
Mlambe School:
- Toilet block (8 cubicles), 2012
- Earthbag computer room, 2013
- Brick school block (2 classrooms), 2014
- Brick school block (2 classrooms), 2015
- Earthbag teachers house, 2015
- Compost toilet (3 cubicles), 2015
- 2 x earthbag teachers houses, 2015
- Earthbag teachers house, 2016
- Earthbag teachers house, 2017
- Earthbag teachers office, 2017
- Brick school block (2 classrooms), 2018
- SSB toilets and kitchen block for a teachers houses to test SSB technique
Nankhono school:
- 2 x SSB school blocks (4 classrooms), 2019
- SSB toilet block (8 cubicles), 2020
Nkhonde school:
- SSB teachers development centre (TDC) and PEA office, Late 2020
- SSB school block (2 classrooms), Early 2021
Chikoleka school:
- SSB school block (2 classrooms), Late 2021
Ngwindimba School:
- SSB school block (2 classrooms), early 2022
Ukongwe 1 school:
- SSB school block (2 classrooms), Late 2022
## Organisational and leadership changes
Jon Ifould has joined the board as a trustee.
Jon has been engaged with the Mlambe project since 2018. He brings to the charity 20 years of corporate leadership experience working in the Financial Services and Technology sectors globally. Jon is also a link to one of The Mlambe Project’s key corporate donors, the Capital Group Companies, Inc. He is based in Orange County
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California and connected to the Mlambe project through personal relationships with a number of the charity’s volunteers, founders and trustees past and present.
## Other Volunteers
Volunteers have given enormous amounts of time once again this year. It would not have been possible for The Mlambe Project to get to where it is today without the ongoing passion and commitment of our volunteers based in the UK, Malawi, Taiwan, Australia and USA (and probably elsewhere).
Dave Yates and Marissa Newlove have put in a huge amount of work to deliver us a newly formatted website which is more usable, easier to maintain and cheaper to run.
Steve Lovejoy, and Charlie Bowles continued their wonderful support this year, providing architectural and engineering advice and support to the building teams in Malawi.
Victoria Ifould has taken on the role of coordinating and pushing on with grant applications.
Ishan Jussab has been contributing his skills and time to our communications
Jess King continues to fund and drive the nursery feeding programme
## Funding and summary accounts
Our total cash income in the year was £38,547
This has been facilitated through a number of different routes including small grants, individual donations and corporate sponsorship.
Special thanks to:
- Our regular personal donors who provide our funding foundation
- Jon Ifould and Capital Group for their continued support, the fourth year in a row that we have received a substantial donation from Capital Group.
- The Pat Newman Memorial Trust
Thank you to all our donors who have made it possible for us to continue improving educational infrastructure and opportunities in Malawi.
Our cash income of £38,547 is down on the previous year and unless we can reverse this in 2022/23 we will have to reduce construction work in Malawi.
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Summary accounts on this page, full charity commission accounts below.
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## Structure, Governance and Management
The Mlambe Project became a registered charity with the Charity Commission of England & Wales on 17 February 2015 (charity number: 1160518). The trustees believed it was important to register The Mlambe Project both as a charity and as a company. Hence it was also incorporated as a private limited company on 21 August 2014 (company number: 9185866).
The Mlambe Project is a charitable company limited by guarantee. The charity’s governing document is its Memorandum and Articles of Association, which sets out the objects and powers of the charitable company.
Jon Hassain - Chair Lucy Ifould Andrew May-Miller - Manager Jon Ifould (From December 2021)
Company law requires Trustees to prepare a financial statement for each financial year, which provides a true and fair reflection of the affairs of the charitable company, and of its incoming resources and the application of these resources, including income and expenditure. The following financial statement has been prepared in accordance with the accounting policies set out in the notes to the accounts and complies with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.
Trustees (who are also directors of The Mlambe Project for the purposes of company law) are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charitable company, and enable Trustees to ensure that the financial statement complies with the Companies Act 2006.
Trustees are also responsible for ensuring compliance with the Charities Act 2011, including submitting statements of account to the Commission, preparation and submission of an Annual Report and Annual Return to the Commission, and notifying the Commission promptly of any changes to the charity’s entry on the central register of charities.
When annual income is above £25,000 charities are required to have their annual accounts reviewed by an Independent Examiner or Auditor. Trustees have agreed upon the appointment of an Independent Examiner who we believe is in a position, both
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professionally and personally, to review the charity’s accounts independent of any supposed bias. Trustees are confident the chosen Independent Examiner has sufficient experience regarding charity SORP with which to undertake this audit.
## Related Parties
The Mlambe Project charity works closely with an independent local organisation registered in Malawi, also called The Mlambe Project. The Mlambe Project NGO (C1491/2021) and The Mlambe Project in the UK share the same goals.
There is no formal association between The Mlambe Project (UK) and The Mlambe Project (Malawi),just a memorandum of understanding, but at present all UK funds go through our Malawian name sake.
## Financial Review
The charity’s core funding is derived from a combination of small and medium-sized grants, personal donations and corporate sponsorship. We have built a network of organisations who support us that have been mentioned in the Fundraising section of this report.
Reflecting the modest size of the charity, the reserves policy is to ensure we have sufficient funds to meet the next three months spending commitments.
Trustees review financial and other risks as part of their regular meetings. The financial risks are considered minimal, as the charity only commits to spending funds it has already raised.
This report has been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006.
## An��ew May-Mil���
Manager and trustee - formally signed through Docusign
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## Independent Examiner’s Report
To The Members of The Mlambe Project For the Year Ended 31 August 2022
The Trustees, who are also the directors of The Mlambe Project for the purpose of the company law, are responsible for the preparation of accounts in accordance with applicable law and United Kingdom Accounting Standards. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2001 Act) and that an independent examination is needed. The Charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act:
- To follow the procedures laid down in the general directions given by the Charity
- Commission under section 145(5) (b) of the 2011 Act; and
- To state whether particular matters have come to my attention.
My report 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 the seeking of explanations from trustees concerning 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.
In connection with my examination, no matter has come to my attention
- 1) Which gives me reasonable cause to believe that in any material respect the requirements a) To keep accounting records in accordance with section 386 of the Companies Act 2006 and sect 130 of the Charities Act; and
- b) To prepare accounts which accord with the accountings records, comply with the accounting requirements of the Companies Act 2006 and those of the Charities Act; and
- c) Which are consistent with the methods and principle of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charitie
2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of accounts to be reached.
## Meg��Phi��AC�
Formally Signed by the independent examiner through Docusign
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||Charity Name: The Mlambe Project|Charity Name: The Mlambe Project|Charity No|1160518||
|---|---|---|---|---|---|
||||Company No|9185866||
||Annual accounts for the period|||||
||Period start date|**1/Sep/2021**|**To**|Period end date
**31/Aug/2022**||
|||||||
## **Section A Statement of financial activities (including summary income and expenditure account)**
||Charity Name: The Mlambe Project|Charity Name: The Mlambe Project|Charity No|1160518|1160518|1160518||
|---|---|---|---|---|---|---|---|
||||Company No|9185866||||
||Annual accounts for the period|||||||
||Period start date|**1/Sep/2021**|**To**|Period end date||**31/Aug/2022**||
|||||||||
||**ment of financial activities (including summary income and**
**unt)**|||||||
|**Recommended categories**
**Income (Note 3)**
**Income and endowments from**|**by activity**
Guidance Note
**:**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|||**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05|||
|Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other|S01
S02
S03
S04
S05
S06|-
51,657-|-
--|-
-|-|-
51,657-|-
64,725-|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
--|-
--|-
-|-|-
--|-
--|
|**_Total_**
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
Charitable activities
Separate material expense item
Other
**_Total_**
**Net income/(expenditure**
**reporting period**
Tax payable
**Net income/(expenditure**
**investment gains/(losses**
Net gains/(losses) on investments
**Net income/(expenditure**
**Extraordinary items**
**Transfers between funds**
**Other recognised** **gains/(**
Gains and losses on revaluation of fi
own use
Other gains/(losses)
**_Net movement in funds_**
**_Reconciliation of funds:_**
Total funds brought forward
**_Total funds carried forwa_**|S07
S08
S09
S10
S11
S12
**) before tax for the**
S13
S14
**) after tax before**
**)**
S15
S16
**)**
S17
S18
S19
**losses):**
xed assets for the charity’s
S20
S21
S22
S23
**_rd_**
S24|-
51,657-|-
--|-
-|-|-
51,657-|-
64,725-|
|||||||||
|||-
526-|-
--|-
-|-|-
526-|-
8,739-|
|||-
58,944-|-
--|-
-|-|-
58,944-|-
66,118-|
|||-
11,000-||||-
11,000-||
|||-
1,410-|-
--|-
-|-|-
1,410-|-
--|
|||-
71,880-|-
--|-
-|-|-
71,880-|-
74,857-|
|||||||||
|||-
20,223-|-
--|-
-|-|-
20,223-|-
10,132-|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
20,223-|-
--|-
-|-|-
20,223-|-
10,132-|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
20,223-|-
--|-
-|-|-
20,223-|-
10,132-|
|||-
--|-
--|-
-|-|-
--||
|||-
--|-
--|-
-|-|-
--|-
--|
|||||||||
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
--|-
--|-
-|-|-
--|-
--|
|||-
20,223-|-
--|-
-|-|-
20,223-|-
10,132-|
|||||||||
|||-
28,855-|-
--|-
-|-|-
28,855-|-
38,987-|
|||-
8,632-|-
--|-
-|-|-
8,632-|-
28,855-|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|Charity Name: The Mlambe Project
Charity No
1160518
Company No
9185866|
|---|---|---|---|---|---|---|
|**Section B Balance sheet**|||||||
|Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--||||||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
|**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within one**
**year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after one**
**year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|-
--|-
--|-
--|-
--|-
--||
||||||||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
8,632-|-
--|-
--|-
8,632-|-
28,855-||
||-
8,632-|-
--|-
--|-
8,632-|-
28,855-||
||||||||
||-
--|-
--|-
--|-
--|-
--||
||||||||
||-
8,632-|-
--|-
--|-
8,632-|-
28,855-||
||||||||
||-
8,632-|-
--|**-**
**--**|-
8,632-|-
28,855-||
||||||||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||||||||
||-
8,632-|-
--|-
--|-
8,632-|-
28,855-||
||||||||
||-
--|||-
--|-
--||
|||-
--||-
--|-
--||
||-
8,632-||-
--|-
8,632-|-
28,855-||
|||||-
--|||
||||||||
||-
8,632-|-
--|-
--|-
8,632-|-
28,855-||
||**_under s477 of the Companies Act 2006 relating to small companies._**
**_tain an audit in accordance with section 476 of the Companies Act_**
**_r complying with the requirements of the Companies Act with_**
**_of accounts._**
**_with the provisions applicable to small companies subject to the_**
**_RS102 SORP._**||||||
|Signed by one or two trustees/directors on behalf of all the tr
Signature of director authenticating accounts being sent t
House|ustees/directors
o Companies|Print Name|||Date of
approval
dd/mm/yyyy||
||||||||
||||||||
||||||||
|||Signature|||Date
dd/mm/yyyy||
||||||||
||||||**Print name**||
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|**_small companies regime and in accordance with FRS102 SORP._**|||
|---|---|---|
|||Date of|
|Signed by one or two trustees/directors on behalf of all the trustees/directors|Print Name|approval|
|||dd/mm/yyyy|
||||
||||
||||
|Signature of director authenticating accounts being sent to Companies|Signature|Date
dd/mm/yyyy|
|House|||
|||**Print name**|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts** Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their • and with* **ü** 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* **ü** 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.*
* -Tick as appropriate **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. **1.3 Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note {2 }.
Yes* **ü** No* * -Tick as appropriate _**Please disclose: (i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.**_
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). Yes*No* ü * -Tick as appropriate _**Please disclose: (i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_
**1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes* No* ü * -Tick as appropriate _**Please disclose: (i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
**Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
## _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**End of Start of period period £ £**
**Fund balances as previously stated** _**Adjustments:**_
**Fund balance as restated**
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**End of £ Net income/(expenditure) as previously stated** _**Adjustments:**_
**Previous period net income/(expenditure) as restated**
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Sectio**|**n C Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|---|
|
**Note 2 A**
**2.2 INCOME**
**Recognition of income**
**Offsetting**
**Grants and donations**
**Legacies**
**Government grants**
**Tax reclaims on donations**
**and gifts**
**Contractual income and**
**performance related grants**
**Donated goods**
**Donated services and**
**facilities**
**Support costs**
**Volunteer help**
**Income from interest,**
**royalties and dividends**
**Income from membership**
**subscriptions**
**Settlement of insurance**
**claims**
**Investment gains and losse**
**2.3 EXPENDITURE A**
**Liability recognition**
**Governance and support**
**costs**
**Grants with performance**
**conditions**
**Grants payable without**
**performance conditions**
**Redundancy cost**
**Deferred income**
**Creditors**
**Provisions for liabilities**
**Basic financial instruments**
**2.4 ASSETS**
**Tangible fixed assets for**
**use by charity**
**Intangible fixed assets**
**Heritage assets**
**Investments**
**Stocks and work in progres**
**Debtors**
**Current asset investments**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**|
**ccounting policies**
These are included in the Statement of Financial Activities (SoFA) when:
·the charity becomes entitled to the resources;
·it is more likely than not that the trustees will receive the resources;
|
Yes*
No*
N/a*
|||
||·the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the
charity has provided the specified goods or services as entitlement to the grant only occurs when
the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of
probate, the executors have established that there are sufficient assets in the estate and any
conditions attached to the legacy are either within the control of the charity or have been met.
The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any
Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an
addition to the same fund as the initial donation unless the donor or the terms of the appeal have
specified otherwise.
This is only included in the SoFA once the charity has provided the related goods or services or
met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be exchanged)
unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair
value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting
period in which the stocks are distributed, they are recognised as an expense at the carrying
amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the expected
proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading
activities' with the corresponding stock recognised in the balance sheet. On its sale the value of
stock is charged against 'Income from other trading activities' and the proceeds from sale are
also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
Donated services and facilities are included in the SOFA when received at the value of the gift to
the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income with an
equivalent amount recognised as an expense under the appropriate heading in the SOFA.
The charity has incurred expenditure on support costs.
The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are
recognised as income earned from the provision of goods and services as income from charitable
activities.
Insurance claims are only included in the SoFA when the general income recognition criteria are
met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.
**s** This includes any realised or unrealised gains or losses on the sale of investments and any gain
or loss resulting from revaluing investments to market value at the end of the year.
**ND LIABILITIES**
Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can be
measured with reasonable certainty.
Support costs have been allocated between governance costs and other support. Governance
costs comprise all costs involving public accountability of the charity and its compliance with
regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Where the charity gives a grant with conditions for its payment being a specific level of service or
output to be provided, such grants are only recognised in the SoFA once the recipient of the grant
has provided the specified service or output.
Where there are no conditions attaching to the grant that enables the donor charity to realistically
avoid the commitment, a liability for the full funding obligation must be recognised.
The charity made no redundancy payments during the reporting period.
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade discounts
A liability is measured on recognition at its historical cost and then subsequently measured at the
best estimate of the amount required to settle the obligation at the reporting date
The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7
FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have physical
substance but are identifiable and are controlled by the charity through custody or legal rights.
The amortisation rates and methods used are disclosed in note 15.
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
technological, geophysical or environmental qualities that are held and maintained principally for
their contribution to knowledge and culture. The depreciation rates and methods used as
disclosed in note 16.
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at
initially at cost and subsequently at fair value (their market value) at the year end. The same
treatment is applied to unlisted investments unless fair value cannot be measured reliably in
which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity
date of less than 1 year are treated as current asset investments
**s** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity of loss than one year held for investment purposes rather than to meet
short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.|ü
Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
||||||
||||||
|||Yes*|No*|N/a*|
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*
ü|||
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||||ü|
|||Yes*
No*
N/a*|||
|||*|*|ü
*|
|||Yes|No|N/a
ü|
||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C**|**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|---|---|---|---|
|**Note 3**|**Income**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**||||||
|**Donations and**
**legacies:**|
Donations and gifts|-
34,258-|-
--|-
--|-
34,258-|-
44,522-||
||Gift Aid|-
1,719-|-
--|-
--|-
1,719-|-
--||
||Legacies|-
--|-
--|-
--|-
--|-
--||
||General grants provided by government/other
charities|-
2,880-|-
--|-
--|-
2,880-|-
15,203-||
||Membership subscriptions and sponsorships which
are in substance donations|
-
--|-
--|-
--|-
--|-
--||
||Donated goods, facilities and services|-
12,800-|-
--|-
--|-
12,800-|-
5,000-||
||Other|-
--|-
--|-
--|-
--|-
--||
||**Total**|-
51,657-|-
--|-
--|-
51,657-|-
64,725-||
|**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income**
**Other:**
**TOTAL INCOM**
**Other informatio**||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
||Other|-
--|-
--|-
--|-
--|-
--||
||**Total**|-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
||Other|-
--|-
--|-
--|-
--|-
--||
||**Total**|-
--|-
--|-
--|-
--|-
--||
||Interest income|-
--|-
--|-
--|-
--|-
--||
||Dividend income|-
--|-
--|-
--|-
--|-
--||
||Rental and leasing income|-
--|-
--|-
--|-
--|-
--||
||Other|-
--|-
--|-
--|-
--|-
--||
||**Total**|-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
|||-
--|-
--|-
--|-
--|-
--||
||**Total**|-
--|-
--|-
--|-
--|-
--||
||Conversion of endowment funds into income|-
--|-
--|-
--|-
--|-
--||
||Gain on disposal of a tangible fixed asset held for
charity's own use|-
--|-
--|-
--|-
--|-
--||
||Gain on disposal of a programme related
investment|-
--|-
--|-
--|-
--|-
--||
||Royalties from the exploitation of intellectual
property rights|-
--|-
--|-
--|-
--|-
--||
||Other|-
--|-
--|-
--|-
--|-
--||
||**Total**
**E**
**n:**|-
--|-
--|-
--|-
--|-
--||
|||-
51,657-|-
--|-
--|-
51,657-|-
64,725-||
|||||||||
|**All income in th**
**provide descript**|**e prior year was unrestricted except for: (please**
**ion and amounts)**|||||||
|**Where any endo**
**period, please g**
**Where any endo**
**period, please g**|**wment fund is converted into income in the reporting**
**ive the reason for the conversion.**
**wment fund is converted into income in the prior**
**ive the reason for the conversion.**|||||||
|**Within the incom**
**(please disclose**|**e items above the following items are material:**
**the nature, amount and any prior year amounts)**|||||||
|**This year: Wher**
**have been inclu**
**have been trans**
**accounts are dr**|**e sums originally denominated in foreign currency**
**ded in income, explain the basis on which those sums**
**lated into sterling (or the currency in which the**
**awn up).**|||||||
|**Last year: Wher**
**have been inclu**
**have been trans**
**accounts are dr**|**e sums originally denominated in foreign currency**
**ded in income, explain the basis on which those sums**
**lated into sterling (or the currency in which the**
**awn up).**|||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**|**Description**
**This year**
**£**|**Description**
**This year**
**£**|**Description**
**This year**
**£**|
|---|---|---|---|
||||-
--|
||||-
--|
||||-
--|
||||-
--|
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any unfulfilled_**
**_conditions and other contingencies_**
**_attaching to grants that have been_**
**_recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which the_**
**_charity has directly benefited._**|**Total**
**Description**||-
--|
||||**Last year**
**£**|
||HMRC COVID-19 JRS Grant||-
4,570-|
||||-
--|
||||-
--|
||||-
--|
||**Total** -
4,570-
**This year**
**Last year**||-
4,570-|
|||||
||**This year**
**Last year**|||
|||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
## **Section C Notes to the accounts (cont)**
|**Note 5 Donated goods, facilities and services**
**Seconded staff**
**Use of property**
**Other**|**Note 5 Donated goods, facilities and services**
**Seconded staff**
**Use of property**
**Other**|**This year**
**Last year**
**£**
**£**
-
--
-
--
-
--
-
--
-
12,800-
-
5,000-|**This year**
**Last year**
**£**
**£**
-
--
-
--
-
--
-
--
-
12,800-
-
5,000-|**This year**
**Last year**
**£**
**£**
-
--
-
--
-
--
-
--
-
12,800-
-
5,000-|
|---|---|---|---|---|
|||-
--|-
--||
|||-
--|-
--||
|||-
12,800-|-
5,000-||
||**This year**|-
12,800-|-
5,000-||
|||**Last year**|||
|**Please provide details of the accounting**
**policy for the recognition and valuation of**
**donated goods, facilities and services.**|Accounted in line with FRS 102 - professional services
donated to the organisation are typically accounted for
at market rate. These services are largely donated to
directly support chartiable activity in Malawi - such as
engineering services, architect support teaching
consultancy and accountacy.
In 2021/22 the donated effort to completely redesign
the website would be valued at £33,000 if using market
rates. This is disproportionate to the value to the
charity and has been accounted for at one third of
market rate.|
Accounted in line with FRS 102 - professional
services donated to the organisation are accounted
for at market rate. These services are largely donated
to directly support chartiable activity in Malawi - such
as engineering services, architect support teaching
consultancy and accountacy|||
|**Please provide details of any unfulfilled**
**conditions and other contingencies**
**attaching to resources from donated**
**goods and services not recognised in**
**income.**
**Please give details of other forms of other**
**donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||||
||||||
||||||
||The Charity is supported by a team of 6 unpaid general
volutneers, who are vital to the ongoing success of the
charity|The Charity is supported by a team of 6 unpaid
general volutneers, who are vital to the ongoing
success of the charity|||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C Notes t**|**o the accounts**|**o the accounts**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|**(cont)**|
|---|---|---|---|---|---|---|---|---|
|**Note 6 Expenditure**
**Analysis**
**Expenditure on raising funds:**|**This y**
**Unrestricted**
**funds**
**Restricted**
**income funds**||**ear**
**Last year**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**||||||
|Incurred seeking donations|-
526-|-
--|-
--|-
526-|-
4,803-|-
--|-
--|-
4,803-|
|Incurred seeking legacies||-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Incurred seeking grants||-
--|-
--|-
--|-
3,936-|-
--|-
--|-
3,936-|
|Operating membership schemes and social
lotteries|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Staging fundraising events|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Fudraising agents|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Operating charity shops|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Operating a trading company undertaking non-
charitable trading activity|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Advertising, marketing, direct mail and publicity|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Start up costs incurred in generating new source
of future income|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Database development costs|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Other trading activities|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Investment management costs:|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Portfolio management costs|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Cost of obtaining investment advice|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Investment administration costs|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Intellectual property licencing costs|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Rent collection, property repairs and maintenance
charges|
-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|**Total expenditure on raising funds**
**Expenditure on charitable activities:**|-
526-|-
--|-
--|-
526-|-
8,739-|-
--|-
--|-
8,739-|
||||||||||
|Support Costs|-
1,410-|-
--|-
--|-
1,410-|-
4,727-|-
--|-
--|-
4,727-|
|Direct provision of Chartitible Activity|-
1,100-|-
--|-
--|-
1,100-|-
5,000-|-
--|-
--|-
5,000-|
|Grants to Malawi|-
57,844-|-
--|-
--|-
57,844-|-
53,242-|-
--|-
--|-
53,242-|
|Goverance||-
--|-
--|-
--|-
3,149-|-
--|-
--|-
3,149-|
|**Total expenditure on charitable activities**
**Separate material item of expense**|-
60,354-|-
--|-
--|-
60,354-|-
66,118-|-
--|-
--|-
66,118-|
||||||||||
|Website deveopment (donation in kind)|-
11,000-|-
--|-
--|-
11,000-|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|**Total**
**Other**|-
11,000-|-
--|-
--|-
11,000-|-
--|-
--|-
--|-
--|
||||||||||
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|**Total other expenditure**
**TOTAL EXPENDITURE**
**Other information:**
**Analysis of expenditure on charitable activities**|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||-
71,880-|-
--|-
--|-
71,880-|-
74,857-|-
--|-
--|-
74,857-|
||||||||||
||**This y**||**ear**||**Last year**||||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Activity 1|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Activity 2|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|Other|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
|**Total**|-
--|-
--|-
--|-
--|-
--|-
--|-
--|-
--|
||||||||||
|**This year: Where sums originally denominated in f**
**included in expenditure, explain the basis on which**
**translated into sterling (or the currency in which th**|**oreign currency have been**
**those sums have been**
**e accounts are drawn up).**||||||||
||||||||||
|**Last year: Where sums originally denominated in f**
**included in expenditure, explain the basis on which**
**translated into sterling (or the currency in which th**|**oreign currency have been**
**those sums have been**
**e accounts are drawn up).**||||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
||**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|---|
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extraordinary items**||-
--|-
--||
||||||
|||-
--|-
--||
|||-
--|-
--||
|||-
--|-
--||
||||||
|||-
--|-
--||
|||-
--|-
--||
||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts**
## **Note 8 Funds received as agent**
_**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
||||**Amount received**|**Amount received**|**Amount received**||**Amount paid out**|**Amount paid out**|**Amount paid out**||**Balance held at**|**Balance held at**|**period end**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Description/name of party**|**Related party**|||||||||||||
||**(Yes or No)**||**This year**||**Last year**||**This year**||**Last year**||**This year**||**Last year**|
||||**£**||**£**||**£**||**£**||**£**||**£**|
|||-|--|-|--|-|--|-|--|-|--|-|--|
|||-|--|-|--|-|--|-|--|-|--|-|--|
|||-|--|-|--|-|--|-|--|-|--|-|--|
|||-|--|-|--|-|--|-|--|-|--|-|--|
|||-|--|-|--|-|--|-|--|-|--|-|--|
||**Total**|-|--|-|--|-|--|-|--|-|--|-|--|
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please disclose details of any balances outstanding between any participating members.**_
|**Description/name of party**|||**Balance held at**|**Balance held at**|**period end**|
|---|---|---|---|---|---|
||||**This year**||**Last year**|
||||**£**||**£**|
|||-|--|-|--|
|||-|--|-|--|
|||-|--|-|--|
|||-|--|-|--|
|||-|--|-|--|
||**Total**|-|--|-|--|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
##
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|**_Please complete this note if the charity has analysed its expenses using activity categories_**
**_and has support costs._**|
|---|---|---|---|---|---|---|
|**This year**|||||||
|**Support cost**
**(examples)**|**Raising funds**|**Activity 1**|**Activity 2**|**Activity 3**|**Grand total**|**Basis of allocation**|
||**£**|**£**|**£**|**£**|**£**|**(Describe method)**|
|Governance|-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
|Other|-
--|-
--|-
--|-
--|-
--||
|**Total**|-
--|-
--|-
--|-
--|-
--||
|**Last year**
**Support cost**
**(examples)**|**Raising funds**
**Activity 1**
**Activity 2**
**Activity 3**
**Grand total**
**£**
**£**
**£**
**£**
**£**|||||**Basis of allocation**|
|||||||**(Describe method)**|
|Governance|-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
||-
--|-
--|-
--|-
--|-
--||
|Other|-
--|-
--|-
--|-
--|-
--||
|**Total**|-
--|-
--|-
--|-
--|-
--||
|**_Please provide details of the accounting policy adopted_**
**_for the apportionment of costs between activities and any_**
**_estimation techniques used to calculate their_**
**_apportionment._**|||||||
||||||||
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts**
## **Note 10 Details of certain types of expenditure**
## **Note 10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Independent examiner’s fees**
**Assurance services other than independent examination**
**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid to the**
**independent examiner**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||0|0|
||0|0|
||0|0|
||0|0|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C Notes to the accounts**|||**(cont)**|||
|---|---|---|---|---|---|
|**Note 11 Paid employees**||||||
|**_Please complete this note if the charity has any employees (transactions with_**||**_Trustees dealt with in Note_**||**_28)_**||
|**11.1 Staff Costs**||||||
|||**This year**|**Last year**|||
|||**£**||**£**||
|**Salaries and wages**|-|--|-|13,105-||
|**Social security costs**|-|--|-|1,381-||
|**Pension costs (defined contribution scheme)**|-|--|-|921-||
|**Other employee benefits**|-|--|-|--||
|**Total staff costs**|-|--|-|15,407-||
|**This year:**||||||
|**Please provide details of expenditure on staff working for the charity**||||||
|**whose contracts are with and are paid by a related party**||||||
|**Last year:**||||||
|**Please provide details of expenditure on staff working for the charity**||||||
|**whose contracts are with and are paid by a related party**||||||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**No employees received employee benefits (excluding employer pension**|**No employees received employee benefits (excluding employer pension**||**TRUE**|**TRUE**||
|---|---|---|---|---|---|
|**costs) for the reporting period of more than £60,000**||||||
|**Band**|||**Number of employees**|||
||||**This year**|**Last year**||
|**£60,000 to £69,999**||-|--|-|--|
|**£70,000 to £79,999**||-|--|-|--|
|**£80,000 to £89,999**||-|--|-|--|
|**£90,000 to £99,999**||-|--|-|--|
|**£100,000 to £109,999**||-|--|-|--|
|||||||
|||||||
||||**This year**|**Last year**||
||||**£**|**£**||
|**Please provide the total amount paid to key management personnel**||-|--|-|--|
|||||||
|**11.2 Average head count in the year**|||**This year**
**Number**|**Last year**
**Number**||
|**The parts of the charity in which the**|**Fundraising**|||-|1-|
|**employees work**|**Charitable Activities**|-|--|-|--|
||**Governance**|-|--|-|--|
||**Other**|-|--|-|--|
||**Total**|-|--|-|1-|
|**11.3 Ex-gratia payments to employees and others (excluding trustees)**||||||
|**_Please complete if an ex-gratia payment is made._**||||||
|**Please explain the nature of the payment**|**This year**|||||
||**Last year**|||||
|||||||
|**Please state the legal authority or reason for**|
**This year**|||||
|**making the payment**||||||
||**Last year**|||||
|||||||
||||**This year**|**Last year**||
||||**£**|**£**||
|**Please state the amount of the payment (or value of any waiver of a right**||-|--|-|--|
|**to an asset)**||||||
|**11.4 Redundancy payments**||||||
|**_Please complete if any redundancy or termination payment is made in the period._**||||||
||||**This year**|**Last year**||
||||**£**|**£**||
|**Total amount of payment**||-|--|-|--|
|||||||
|**The nature of the payment (cash, asset etc.)**||||||
|||||||
||||**This year**|**Last year**||
||||**£**|**£**||
|**The extent of redundancy funding at the balance sheet date**||-|--|-|--|
|||||||
|**Please state the accounting policy for any redundancy or termination**||||||
|**payments**||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
**----- Start of picture text -----**
This year Last year
£ £
Amount of contributions recognised in the SOFA as an expense - 921
Please explain the basis for allocating the liability and expense of none Allocated by CEO
defined contribution pension scheme between activities and between activity. 100% from
restricted and unrestricted funds. unrestricted funds
**----- End of picture text -----**
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity this year and last year, if different**
_**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details Provide an explanation of how any liability arising from an agreement with a multiemployer plan to fund a deficit has been determined. If this is different for last year, provide details**
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C**|**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**|||**(cont)**||||
|---|---|---|---|---|---|---|---|---|---|
|**Note 13 Grantmaking**||||||||||
|**_Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable_**||||||||||
|**_activities undertaken._**||||||||||
|**This year:**||||||||||
|**13.1 Analysis of grants paid (included**|**in cost of charitable activities)**|||||||||
|||||**Grants to**||||||
|**Analysis**|**Grants**|**to institutions**||**individuals**||**Support costs**||**Total**||
|||||||**£**||**£**||
|Supporting Malawian Organisation|-|57,844-|-|--|-|--|**-**|**57,844-**||
|Activity or project 2|-|--|-|--|-|--|-|--||
|Activity or project 3|-|--|-|--|-|--|-|--||
|Activity or project 4|-|--|-|--|-|--|-|--||
|**_Total_**|**-**|**57,844-**|**-**|**--**|**-**|**--**|**-**|**57,844-**||
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|||||**_Please provide_**|**_Please provide_**||
|---|---|---|---|---|---|---|
|**_My charity has made grants to particular institutions that are material in the_**|||**_Yes_**|**_details of charity's_**
**_URL._**|||
|**_context of its grantmaking. Details of the institution supported, purpose of the_**|||||||
|**_grant and total paid_**|**_to each institution is available on the charity's web site._**||**_No_**|**_Provide details_**
**_below_**|||
||||||||
||**Names of institution**|**Purpose**|||**Total amount of**
**grants paid £**||
|The Mlambe Project Ltd (Malawi), an independent social||Building work and implementing charity's||-|57,844-||
|enterprise registered in Malawi||aims in Malawi|||||
|||||||< agree to Note 6|
|||||-|--||
|||||-|--||
|||||-|--||
|||||-|--||
|||||-|--||
|||||-|--||
|||||-|--||
|||||-|--||
|||||-|--||
|**_Total grants to institutions in reporting period_**||||**-**|**57,844-**||
|||||-|--||
|**_Other unanalysed grants_**|||||||
|**_TOTAL GRANTS PAID_**||||-|57,844-||
|**Last year:**|||||||
**13.3 Analysis of grants paid (included in cost of charitable activities)**
||||||**Grants to**||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Analysis**||**Grants to institutions**|||**individuals**|||**Support costs**|||**Total**||
|||||||||**£**|||**£**||
|Supporting Malawian Organisation||-|53,242-|-||--||||-||53,242-|
|Activity or project 2||-|--|-||--|-|--||-||--|
|Activity or project 3||-|--|-||--|-|--||-||--|
|Activity or project 4||-|--|-||--|-|--||-||--|
||**_Total_**|**-**|**53,242-**|**-**||**--**|**-**|**--**||**-**||**53,242-**|
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
|**13.4 Grants made to institutions**|||||
|---|---|---|---|---|
||||**_Please provide_**||
|||**_Yes_**|**_details of charity's_**||
|**_My charity has made grants to particular institutions that are material in the_**|||**_URL._**||
|**_context of its grantmaking. Details of the institution supported, purpose of the_**|||||
|**_grant and total paid to each institution is available on the charity's web site._**||**_No_**|**_Provide details_**
**_below_**||
||||||
|**Names of institution**|**Purpose**|||**Total amount of**
**grants paid £**|
|The Mlambe Project Ltd (Malawi), an independent social|Building work and implementing charity's||-|53,242-|
|enterprise registered in Malawi|aims in Malawi||||
||||-|--|
||||-|--|
||||-|--|
||||-|--|
||||-|--|
||||-|--|
||||-|--|
||||-|--|
||||-|--|
|**_Total grants to institutions in reporting period_**|||**-**|**53,242-**|
|**_Other unanalysed grants_**|||-|--|
|**_TOTAL GRANTS PAID_**|||-|53,242-|
|**Names of institution**|**Purpose**||**Total amount of**
**grants paid £**||
|---|---|---|---|---|
|The Mlambe Project Ltd (Malawi), an independent social|Building work and implementing charity's|-|53,242-||
|enterprise registered in Malawi|aims in Malawi||||
|||-|--||
|||-|--||
|||-|--||
|||-|--||
|||-|--||
|||-|--||
|||-|--||
|||-|--||
|||-|--||
|**_Total grants to institutions in reporting period_**||**-**|**53,242-**||
|**_Other unanalysed grants_**||-|--||
|**_TOTAL GRANTS PAID_**||-|53,242-||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C**||**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**||||**(cont)**||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|**Note 14**||**Tangible fixed assets**||||||||||
|**_Please complete this note if the charity has any tangible fixed assets_**||||||||||||
|**14.1 Cost or valuation**||||||||||||
|||**Freehold land &**|**Other**|**land & buildings**||**Plant, machinery and**||**Fixtures, fittings and**||**Total**||
|||**buildings**||||**motor vehicles**||**equipment**||||
|||**£**||**£**||**£**||**£**||**£**||
|At the beginning of the|-|--|-|--|-|--|-|--|-||--|
|year||||||||||||
|Additions|-|--|-|--|-|--|-|--|-||--|
|Revaluations|-|--|-|--|-|--|-|--|-||--|
|Disposals|-|--|-|--|-|--|-|--|-||--|
|Transfers *|-|--|-|--|-|--|-|--|-||--|
|At end of the year|-|--|-|--|-|--|-|--|-||--|
|**14.2 Depreciation and impairments**||||||||||||
|****Basis**||SL or RB (Straight||SL or RB||SL or RB||SL or RB||SL or RB||
|||Line or Reducing||||||||||
|||Balance)||||||||||
|**** Rate**||||||||||||
|||||||||||||
|At beginning of the year|-|--|-|--|-|--|-|--|-||--|
|Disposals|-|--|-|--|-|--|-|--|-||--|
|Depreciation|-|--|-|--|-|--|-|--|-||--|
|Impairment|-|--|-|--|-|--|-|--|-||--|
|Transfers*|-|--|-|--|-|--|-|--|-||--|
|At end of the year|-|--|-|--|-|--|-|--|-||--|
|**14.3 Net book value**||||||||||||
|Net book value at the|-|--|-|--|-|--|-|--|-||--|
|beginning of the year||||||||||||
|Net book value at the|-|--|-|--|-|--|-|--|-||--|
|end of the year||||||||||||
## **14.4 Impairment**
_**This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
_**Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **14.5 Revaluation**
|**14.5 Revaluation**|||||||
|---|---|---|---|---|---|---|
|**_If an accounting policy of revaluation is adopted, please provide:_**||**This year**|||**Last year**||
|**_the effective date of the revaluation_**|||||||
|**_the name of independent valuer, if applicable_**|||||||
|**_the methods applied and significant assumptions_**|||||||
|**_the carrying amount that would have been recognised had the_**|-||--|-||--|
|**_assets been carried under the cost model._**|||||||
|**14.6 Other disclosures**|||||||
|||**This year**|||**Last year**||
|||**£**|||**£**||
|**_(i) Please state the amount of borrowing costs, if any, capitalised in the construction of_**|-||--|-||--|
|**_tangible fixed assets and the capitalisation rate used._**|||||||
|**_(ii) Please provide the amount of contractual commitments for the acquisition of_**|-||--|-||--|
|**_tangible fixed assets._**|||||||
|**_(iii) Details of the existence and carrying amounts of property, plant and equipment to_**|||||||
|**_which the charity has restricted title or that are pledged as security for liabilities._**|||||||
- _The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate_
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C**||**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**|||**(cont)**|**(cont)**|
|---|---|---|---|---|---|---|---|---|---|---|
|**Note 15**||**Intangible assets**|||||||||
|**_Please complete this note if the charity_**|||**_has any intangible_**|||**_assets_**|||||
|**15.1 Cost or valuation**|||||||||||
|||**Research &**||**Patents and**||**Other**||**Total**|||
|||**development**||**trademarks**|||||||
|||**£**||**£**||**£**||**£**|||
|At beginning of the year|-|--|-|--|-|--|-|--|||
|Additions|-|--|-|--|-|--|-|--|||
|Disposals|-|--|-|--|-|--|-|--|||
|Revaluations|-|--|-|--|-|--|-|--|||
|Transfers *|-|--|-|--|-|--|-|--|||
|At end of the year|-|--|-|--|-|--|-|--|||
|**15.2 Amortisation and impairments**|||||||||||
|****Basis**||SL or RB||SL or RB||SL or RB||SL or RB|Straight Line||
||||||||||("SL") or||
||||||||||Reducing||
||||||||||Balance ("RB")||
|**** Rate**|||||||||||
||||||||||||
|At beginning of the year|-|--|-|--|-|--|-|--|||
|Disposals|-|--|-|--|-|--|-|--|||
|Amortisation|-|--|-|--|-|--|-|--|||
|Impairment|-|--|-|--|-|--|-|--|||
|Transfers*|-|--|-|--|-|--|-|--|||
|At end of year|-|--|-|--|-|--|-|--|||
|**15.3 Net book value**|||||||||||
|Net book value at the|-|--|-|--|-|--|-|--|||
|beginning of the year|||||||||||
|Net book value at the|-|--|-|--|-|--|-|--|||
|end of the year|||||||||||
**15.4 Accounting policy** _**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_
**15.5 Impairment This year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ **Last year:** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
**15.6 Revaluation** _**If an accounting policy of revaluation is adopted, please provide:**_
**----- Start of picture text -----**
This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied
the carrying amount that would have been
recognised had the assets been carried under the
cost model.
15.7 Other disclosures
(i) If your intangible asset was acquired by way of
grant, provide value on initial recognition and
carrying amount of the asset.
(ii) Details of the carrying amounts of any intangible
assets to which the charity has restricted title or that
are pledged as security for liabilities.
(iii) Please provide the amount of contractual
commitments for the acquisition of intangible assets.
(iv) State the amount of research and development
expenditure recognised as expenditure in the year.
(v) Please detail the headings in the SOFA in which a
charge for amortisation of intangible assets is
included.
(vi) For any material intangible assets, please
provide a description, its carrying amount and any
remaining amortisation period.
**----- End of picture text -----**
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C**|**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**|**Notes to the accounts**||||**(cont)**||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Note 16 Heritage**|**assets**||||||||||||
|**_Please complete this note if the charity has heritage assets_**|||||||||||||
|**16.1 General disclosures for all charities holding heritage assets**|||||||||||||
||||||**This year**||||||**Last year**||
|**(i) Explain the nature and scale of**|||||||||||||
|**heritage assets held.**|||||||||||||
|**(ii) Explain the policy for the acquisition,**
**preservation, management and disposal**|||||||||||||
|**of heritage assets.**|||||||||||||
|**16.2 Cost or valuation**|||||||||||||
|||**Heritage asset 1 **||**Heritage asset 2 **||**Heritage asset 3 **||**Heritage asset 4**|||**Total**||
||||**£**||**£**||**£**||**£**||**£**||
|At beginning of the year||-|--|-|--|-|--|-|--|-|--||
|Additions||-|--|-|--|-|--|-|--|-|--||
|Disposals||-|--|-|--|-|--|-|--|-|--||
|Revaluations||-|--|-|--|-|--|-|--|-|--||
|Transfers *||-|--|-|--|-|--|-|--|-|--||
|At end of the year||-|--|-|--|-|--|-|--|-|--||
|**16.3 Depreciation and impairments**|
****Basis**|||||||||||Straight Line
("SL") or
Reducing|
|||||||||||||Balance ("RB")|
||**** Rate**||||||||||||
||||||||||||||
|At beginning of the year||-|--|-|--|-|--|-|--|-|--||
|Disposals||-|--|-|--|-|--|-|--|-|--||
|Depreciation||-|--|-|--|-|--|-|--|-|--||
|Impairment||-|--|-|--|-|--|-|--|-|--||
|Transfers*||-|--|-|--|-|--|-|--|-|--||
|At end of year||-|--|-|--|-|--|-|--|-|--||
|**16.4 Net book value**|||||||||||||
|Net book value at the beginning of the year||-|--|-|--|-|--|-|--|-|--||
|Net book value at the end of the year||-|--|-|--|-|--|-|--|-|--||
## **16.5 Impairment**
**This year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
**Last year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
- _**If an accounting policy of revaluation is adopted, please provide:**_
|||||||||**This**|**year**|**year**|||**Last**|**Last**|**year**|**year**|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**_the effective date of the revaluation_**|||||||||||||||||||
|**_the name of independent valuer, if applicable_**|||||||||||||||||||
|**_qualifications of independent valuer_**|||||||||||||||||||
|**_the methods applied and significant assumptions_**|||||||||||||||||||
|**_any significant limitations on the valuation_**|||||||||||||||||||
|**16.7 Analysis of heritage assets by class or group distinguishing those at**||||||**cost**||**and those at**||**valuation**
**At valuation**||**At**|**cost Group**|**B**|||**Total**||
|||||||||||**Group A**|||||||||
|Carrying amount at the beginning of the|||||||||-|**£**
--||-|**£**
--||-||**£**|--|
|period|||||||||||||||||||
|Additions|||||||||-|--||-|--||-|||--|
|Disposals|||||||||-|--||-|--||-|||--|
|Depreciation/impairment|||||||||-|--||-|--||-|||--|
|Revaluation|||||||||-|--||-|--||-|||--|
|Carrying amount at the end of period|||||||||-|--||-|--||-|||--|
|**16.8 Heritage assets (where heritage assets are**|||**not recoignised on the balance**|||||**sheet)**|||||||||||
|**(i) Explain the reason why heritage**
**assets have not been recognised on the**|||||**This year**||||||||**Last year**||||||
|**balance sheet.**
**(ii) Describe the significance and nature**|||||||||||||||||||
|**of heritage assets.**
**(iii) Disclose information that is helpful**|||||||||||||||||||
|**in assessing the value of heritage assets.**
**(iv) Explain the reason why it is not**
**practicable to obtain a valuation of**|||||||||||||||||||
|**heritage assets.**|||||||||||||||||||
|**16.9 Five year summary of heritage assets transactions**
**2015**|||||**2014**|||**2013**||**2012**|||**2011**||||||
||||**£**||**£**|||**£**||**£**|||**£**||||||
|**Purchases**|||||||||||||||||||
|Group A||-|--|-|--||-|--|-||--|-||--|||||
|Group B||-|--|-|--||-|--|-||--|-||--|||||
|Group C||-|--||||||||||||||||
|Other||-|--||||||||||||||||
|**Donations**|||||||||||||||||||
|Group A||-|--|-|--||-|--|-||--|-||--|||||
|Group B||-|--|-|--||-|--|-||--|-||--|||||
|Group C||-|--|-|--||-|--|-||--|-||--|||||
|Other||-|--|-|--||-|--|-||--|-||--|||||
|**Total additions**||**-**|**--**|**-**|**--**||**-**|**--**|**-**||**--**|**-**||**--**|||||
||||||||||||||||||||
|**Charge for impairment**|||||||||||||||||||
|Group A||-|--|-|--||-|--|-||--|-||--|||||
|Group B||-|--|-|--||-|--|-||--|-||--|||||
|Group C||-|--|-|--||-|--|-||--|-||--|||||
|Other||-|--|-|--||-|--|-||--|-||--|||||
|**Total charge for impairment**||**-**|**--**|**-**|**--**||**-**|**--**|**-**||**--**|**-**||**--**|||||
||||||||||||||||||||
|**Disposals**|||||||||||||||||||
|Group A - carrying amount||-|--|-|--||-|--|-||--|-||--|||||
|Group B - carrying amount||-|--|-|--||-|--|-||--|-||--|||||
|Group C||-|--|-|--||-|--|-||--|-||--|||||
|Other||-|--|-|--||-|--|-||--|-||--|||||
|**Total disposals**||**-**|**--**|**-**|**--**||**-**|**--**|**-**||**--**|**-**||**--**|||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**||||**(cont)**|**(cont)**|**(cont)**|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Note 17 Investment assets**||||||||||||||||
|**_Please complete this note if the charity has_**|||**_any investment assets._**|||||||||||||
|**17.1 Fixed assets investments (please**||**provide for each class of**||||**investment)**||||||||||
|||**Cash & cash**
**equivalents**|||**Listed**
**investments**||**Investment**
**properties**||**Social**
**investments**||**Other**||**Total**|||
|Carrying (fair) value at beginning of period
**Add:**additions to investments during||-
-|--
--|-
-|--
--|-
-|--
--|-
-|--
--|-
-|--
--|-
-||--
--||
|period*||||||||||||||||
|**Less:**disposals at carrying value||-|--|-|--|-|--|-|--|-|--|-||--||
|**Less: impairments**||-|--|-|--|-|--|-|--|-|--|-||--||
|**Add: Reversal of impairments**||-|--|-|--|-|--|-|--|-|--|-||--||
|**Add/(deduct):**transfer in/(out) in the period||-|--|-|--|-|--|-|--|-|--|-||--||
|**Add/(deduct):**net gain/(loss) on revaluation||-|--|-|--|-|--|-|--|-|--|-||--||
|Carrying (fair) value at end of year||-|--|-|--|-|--|-|--|-|--|-||--||
- ***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04**
## **differentiating between those held at fair value and those held at cost less impairment.**
**This year:Analysis of investments**
|**Section C**
**Note 17 Investment as**
**_Please complete this note if the charity_**
**17.1 Fixed assets investments (pleas**
Carrying (fair) value at beginning of period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the perio
**Add/(deduct):**net gain/(loss) on revaluatio|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|**otes to the accounts (cont)**
**sets**
**_has any investment assets._**
**e provide for each class of investment)**|
|---|---|---|---|---|---|---|---|
||**Cash & cas**
**equivalents**|**h**
**Listed**
**investment**|**s**
**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**||
||-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||d
-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||n -
-|-
-
-|-
-
--|-
--|-
--|-
--||
|Carrying (fair) value at end of year|-
-|-
-
-|-
-
--|-
--|-
--|-
--||
||**acquisitions**
**_xt is the amount for which an asset could be exchanged between knowlegable and_**
**_ction. For traded securities, the fair value is the value of the security quoted on the_**
**_ist or equivalent. For other assets where there is no market price on a traded market, it_**
**_of fair value._**
**investments shown above agreeing with the balance sheet row B04**
**fair value and those held at cost less impairment.**|||||||
|**Analysis of investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**Total**
**Grand total (Fair value at year end+Cost**
**Last year:**
**Analysis of investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**Total**
**Grand total (Fair value at year end+Cost**
**17.3 If your charity holds investment**
**(i) Explain the methods and significant**
**the fair value of investment property hel**
**(ii) Name or independent valuer, if appl**
**qualifications**
**(iii) Provide details of any restrictions**
**investment property or on the remittanc**
**proceeds**
**(iv) Explain any contractual obligations**
**construction or development of investm**
**maintenance or enhancements**
**17.4 Please provide a breakdown of**
**Analysis of current asset investment**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Other investments**
**Total**
**17.5 Guarantees**
**Please provide details and amount of an**
**behalf of a third party**
**Name of the entity or entities benefitting**
**Please explain how the guarantee furthe**
**17.6 Concessionary loans**
**Amount of concessionary loans made (**
**_made may be disclosed in aggregate provid_**
**_aggregation does not obsure significant inf_**
**Amount of concessionary loans receive**
**_received may be disclosed in aggregate pro_**
**_aggregation does not obsure significant inf_**
**Terms and conditions eg interest rate, s**
**provided**
**Value of any concessionary loans which**
**committed but not taken up at the repor**
**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Amounts receivable after more than 1 y**
**17.7 Additional information**
**Please provide information about the si**
**investments to the charity's financial po**
**performance eg. terms and conditions o**
**use of hedging to manage financial risk**
**For all investments measured at fair val**
**for determining the value, including any**
**applied when using a valuation techniq**
**Where a charity has provided financial a**
**form of security, the carrying amount of**
**asset pledged as security and the terms**
**conditions relating to its pledge.**
**For all investments measured at fair val**
**for determining the value, including any**
**applied when using a valuation techniq**
**Where a charity has provided financial a**
**form of security, the carrying amount of**
**asset pledged as security and the terms**
**conditions relating to its pledge.**|||**Fair value at year end**||**Cost less impairment**|||
||||**£**||**£**|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--
||-
--
|||
||**less impairm**
**less impairm**
**properties,**
**assumptions**
**d by the chari**
**icable, and re**
**on the ability t**
**e of income o**
**for the purch**
**ent property**
**current asse**
**s**
**y guarantee m**
**from those g**
**rs the charity**
**_Multiple loans_**
**_ed that such_**
**_ormation_).**
**d****_(Multiple loan_**
**_vided that such_**
**_ormation)._**
**ecurity**
**have been**
**ting date**
**ear**
**gnificance of**
**sition or**
**f loans or the**
**.**
**ue, the basis**
**assumptions**
**ue.**
**ssets as a**
**the financial**
**and**
**ue, the basis**
**assumptions**
**ue.**
**ssets as a**
**the financial**
**and**|**ent)**
**ent)**
**please compl**
**in determinin**
**ty**
**levant**
**o realise**
**r disposal**
**ase,**
**or for repairs,**
**t investment**
**ade to or on**
**uarantees**
**'s aims**|-
--
-
--
-
--|||||
||||**Fair value at year end**
**Cost less impairment**
**£**
**£**
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--|||||
|||||||||
||||**Fair value at year end**||**Cost less impairment**|||
||||**£**||**£**|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--
-
--||-
--
-
--|||
||||
-
--|||||
||||**This year**||**Last year**|||
||||**£**||**£**|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--||-
--|||
||||-
--
-
--||-
--
-
--|||
||||
|||||
||||**This year**|||**Last year**||
|||||||||
|||||||||
||||**_Description_**
**This year £**
**Last year £**
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--|||||
||||**_Description_**|||**This year £**|**Last year £**|
|||||||-
--|-
--|
|||||||-
--|-
--|
|||||||-
--|-
--|
|||**_Total_**||||-
--
-
--|-
--
-
--|
||||**_Description_**
**This year £**
**Last year £**
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--|||||
||||**_Description_**|||**This year £**|**Last year £**|
|||**_s_**
||||-
--|-
--|
|||||||-
--|-
--|
|||**_Total_**||||-
--
-
--|-
--
-
--|
|||||||||
||||**This year**||**Last year**|||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
||||**s year**||**as year**|||
|||||||||
|||||||||
|||||||||
|||||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**Charitable activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other trading activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**|**Sto**|**ck**|**Donated goods**|**Donated goods**|**Work in**
**progress**|
|---|---|---|---|---|---|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|
|||||||
|||||||
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|
|||||||
|||||||
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|**-**
**--**|
|**Total this year**
**_Total previous year_**
**18.2 Please specify the carrying amo**
**stocks pledged as security for liabilitie**|-
--|-
--|-
--|-
--|-
--|
||-
--|-
--|-
--|-
--|-
--|
||**unt of any**
**s**|||||
|||**This year**||**Last year**||
|||**£**||**£**||
|||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**19.1 Analysis of debtors**||||||
|---|---|---|---|---|---|
||||**This year**||**Last year**|
||||**£**||**£**|
|**Trade debtors**||-|--|-|--|
|**Prepayments and accrued income**||-|--|-|--|
|**Other debtors**||-|--|-|--|
||**Total**|-|--|-|--|
## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
||||**This year**||**Last year**|
|---|---|---|---|---|---|
||||**£**||**£**|
|**Trade debtors**||-|--|-|--|
|**Prepayments and accrued income**||-|--|-|--|
|**Other debtors**||-|--|-|--|
||**Total**|-|--|-|--|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**20.1 Analysis of creditors**|||||||||
|---|---|---|---|---|---|---|---|---|
|||**Amounts falling**||**due within**||**Amounts falling**||**due after**|
|||**one year**||||**more than one year**|||
|||**This year**||**Last year**||**This year**||**Last year**|
|||**£**||**£**||**£**||**£**|
|**Accruals for grants payable**|-|--|-|--|-|--|-|--|
|**Bank loans and overdrafts**|-|--|-|--|-|--|-|--|
|**Trade creditors**|-|--|-|--|-|--|-|--|
|**Payments received on account for contracts or**|||||||||
|**performance-related grants**|-|--|-|--|-|--|-|--|
|**Accruals and deferred income**|-|--|-|--|-|--|-|--|
|**Taxation and social security**|-|--|-|--|-|--|-|--|
|**Other creditors**|-|--|-|--|-|--|-|--|
|**Total**|-|--|-|--|-|--|-|--|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
||**This year**||**Last**|**year**|**year**|
|---|---|---|---|---|---|
|**_Please explain the reasons why income is_**||||||
|**_deferred._**||||||
|||||||
|**_Movement in deferred income account_**|||**This year**||**Last year**|
||||**£**||**£**|
|**Balance at the start of the reporting period**||-|--|-|--|
|**Amounts added in current period**||-|--|-|--|
|**Amounts released to income from previous periods**||-|--|-|--|
|**Balance at the end of the reporting period**||-|--|-|--|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Movements in recognised provisions and funding commitment during the period**
|
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the curre**
**Unused amounts reversed during the period**|
**nt period**|
**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||-
--|-
--|
|||-
--|-
--|
|||-
--|-
--|
|||-
--|-
--|
|**Balance at the end of the reporting period**
**21.2 Please provide:**
**- a brief description of any obligations on the**
**balance sheet and the expected amount and timing**
**of resulting payments;**
**- an indication of the uncertainties about the**
**amount or timing of those outflows; and**
**- the amount of any expected reimbursement,**
**stating the amount of any asset that has been**
**recognised for that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide**
**details of commitment made, the time frame of that**
**commitment, any performance-related conditions**
**and details of how the commitment will be funded**
**(with contracts for capital expenditure separately**
**identified).**
**21.4 Where unrestricted funds have been**
**designated to a fund commitment, please disclose**
**the nature of any amounts designated and the**
**likely timing of that expenditure.**|**This year**|-
--|-
--|
|||**Last year**||
|||||
|||||
|||||
||**This year**|**Last year**||
|||||
|||||
|||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
## **Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
**This year Last year 22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.**
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
|**Description of item including its legal nature.**|**Estimate of financial effect**|
|---|---|
|**Please describe any security provided in**||
|**connection to the liability.**||
|||
|||
|||
|||
|**Last year**||
|**Description of item including its legal nature.**|**Estimate of financial effect**|
|**Please describe any security provided in**||
|**connection to the liability.**||
|||
|||
|||
|||
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
|**This year**|||
|---|---|---|
||**Description of item**|**Estimate of financial effect**|
||||
||||
||||
||||
|**Last year**|||
||**Description of item**|**Estimate of financial effect**|
**23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
||**This year**|**Last year**|
|---|---|---|
|**Explain any uncertainties relating to the amount or**|||
|**timing of settlement; and the possibilty of any**|||
|**reimbursement**|||
|**Where it is not practical to make one or more of**|||
|**these disclosures, please state this fact**|||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
|**Section C Notes to the accounts**|**(cont)**|**(cont)**|
|---|---|---|
|**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Other**|||
||**This year**
**£**|**Last year**
**£**|
||-
8,632-|-
28,855-|
|||-
--|
||-
--|-
--|
||-
--|-
--|
|**Total**|-
8,632-|-
28,855-|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
**Note 25 Fair value of assets and liabilities**
**This year Last year 25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.**
**25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
**This year Last year Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|
|---|---|---|---|---|---|---|---|---|---|---|---|
|**27.1 Details of material funds held and movements during the CURRENT reporting period**
**_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and_**
**_fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet._**
**_* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds_**||||||||||||
|**Fund names**|**Type PE, EE R**
**or UR ***|**Purpose and Restrictions**||**Fund**
**balances**
**brought**
**forward**
**£**||**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**||
|||||-
-|-|-
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|**_Other funds (balancing figure)_**|**N/a**|**N/a**||-
-|-|-
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|**Total Funds as per balance shee**
**Fund balances carried forward include assets and liabilities denominated in a foreign currency**|||**t**|-
-|-|-
--|-
--|-
--|-
--|-
--||
||||||Yes*
No*
ü
ü|||||||
|**_If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or_**
**_the currency in which the accounts are drawn up)._**||||||||||||
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|**Note 27 Charity funds**|
|---|---|---|---|---|---|---|---|---|
|**27.2 Details of material funds held and movements during the PREVIOUS reporting period**
**_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and_**
**_fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet._**
**_* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds_**|||||||||
|**Fund names**|**Type PE, EE R**
**or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
||||-
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|**_Other funds (balancing figure)_**|**N/a**|**N/a**|-
--|-
--|-
--|-
--|-
--|-
--|
|**Total Funds as per balance sheet**|||-
--|-
--|-
--|-
--|-
--|-
--|
|Yes*
No*
**Fund balances carried forward include assets and liabilities denominated in a foreign currency**
ü
ü|||||||||
Yes* No* **Fund balances carried forward include assets and liabilities denominated in a foreign currency** ü ü
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
|**This year**||||
|---|---|---|---|
||**Reason for transfer and where endowment is converted to income, legal**||**Amount**|
||**power for its conversion**|||
|Between unrestricted and||||
|restricted funds||||
|||-|--|
|Between endowment and||||
|restricted funds||||
|||-|--|
|Between endowment and||||
|unrestricted funds||||
|||-|--|
|||-|--|
|**This year**||||
|---|---|---|---|
||**Reason for transfer and where endowment is converted to income, legal**||**Amount**|
||**power for its conversion**|||
|Between unrestricted and||||
|restricted funds||||
|||-|--|
|Between endowment and||||
|restricted funds||||
|||-|--|
|Between endowment and||||
|unrestricted funds||||
|||-|--|
|||-|--|
|**Last year**||||
||**Reason for transfer and where endowment is converted to income, legal**||**Amount**|
||**power for its conversion**|||
|Between unrestricted and||||
|restricted funds||||
|||-|--|
|Between endowment and||||
|restricted funds||||
|||-|--|
|Between endowment and||||
|unrestricted funds||||
|||-|--|
|||-|--|
|**27.4 Designated funds**||||
|---|---|---|---|
|**This year**||||
|**Planned use**|**Purpose of the designation**||**Amount**|
|||-|--|
|||-|--|
|||-|--|
|||-|--|
|||-|--|
|||-|--|
|**Last year**||||
|**Planned use**|**Purpose of the designation**||**Amount**|
|||-|--|
|||-|--|
|||-|--|
|||-|--|
|||-|--|
|||-|--|
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
|**Section C Notes to the accounts (cont)**||||||
|---|---|---|---|---|---|
|**Note 28 Transactions with trustees and related parties**||||||
|**_If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such_**
**_transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are_**||||||
|**_transactions to report._**||||||
|**28.1 Trustee remuneration and benefits**||||||
|**This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with**||||||
|**their charity or a related entity (True or False)**||||||
|**_In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any_**||||||
|**_remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it._**||||||
|**Amounts paid or benefit value**||||||
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**
**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including loss**
**of office)/ex**
**gratia**||**Other**||**TOTAL**||
|**£**
**£**
**£**
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--
-
--|-
-
-
-|**£**
--
--
--
--|**-**
**-**
**-**
**-**|**£**
**--**
**--**
**--**
**--**||
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
**Last year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**|**Legal authority (eg**
**order, governing**||**Remuneration**||**Amounts paid or benefit value**
**Pension**
**contribution**
**Redundancy**
**(including loss**
**of office)/ex**
**Other**|**Amounts paid or benefit value**
**Pension**
**contribution**
**Redundancy**
**(including loss**
**of office)/ex**
**Other**|**Amounts paid or benefit value**
**Pension**
**contribution**
**Redundancy**
**(including loss**
**of office)/ex**
**Other**|**Amounts paid or benefit value**
**Pension**
**contribution**
**Redundancy**
**(including loss**
**of office)/ex**
**Other**||**TOTAL**|
|---|---|---|---|---|---|---|---|---|---|---|
||**document)**|||||**gratia**|||||
|||-
-
-
-|**£**
--
--
--
--|-
-
-
-|**£**
--
--
--
--|-
--
-
--
-
--
-
--|-
-
-
-|**£**
--
--
--
--|**-**
**-**
**-**
**-**|**£**
**--**
**--**
**--**
**--**|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
**28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ **No trustee expenses have been incurred (True or False) Type of expenses reimbursed This year£ Last year£ TravelSubsistenceAccommodationOther (please specify):** - - - - - - - - **TOTAL** - -
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
**This year**
## **There have been no related party transactions in the reporting period (True or False)**
|||||||||||**Amounts**|
|---|---|---|---|---|---|---|---|---|---|---|
|**Name of the trustee or**
**related party**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**period end**|**at**|**written off**
**during**
**reporting**||
|||||||||||**period**|
|||||**£**||**£**|**£**|||**£**|
||||-|--|-|--|-|--|-|--|
||||-|--|-|--|-|--|-|--|
||||-|--|-|--|-|--|-|--|
||||-|--|-|--|-|--|-|--|
||||||||||||
|**_In relation to the transactions above, please provide the terms_**
**_and conditions, including any security and the nature of any_**|||||||||||
|**_payment (consideration)_**|**_to be provided in settlement._**||||||||||
|**_For any related party, please provide details of any guarantees_**
**_given or received._**|||||||||||
|**Last year**|||||||||||
|**There have been no related party transactions in the reporting period**||||**(True or False)**|||||||
|||||||||||**Amounts**|
|**Name of the trustee or**
**related party**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**||**Amount**||**Balance at**
**period end**|**Provision for bad debts**
**period end**|**at**|**written off**
**during**
**reporting**||
|||||||||||**period**|
|||||**£**||**£**|**£**|||**£**|
||||-|--|-|--|-|--|-|--|
||||-|--|-|--|-|--|-|--|
||||-|--|-|--|-|--|-|--|
||||-|--|-|--|-|--|-|--|
|**_In relation to the transactions above, please provide the terms_**
**_and conditions, including any security and the nature of any_**|||||||||||
|**_payment (consideration)_**|**_to be provided in settlement._**||||||||||
_**For any related party, please provide details of any guarantees given or received.**_
DocuSign Envelope ID: 60EE0E42-BC9D-430F-BC73-F1EB542DBDE9
**Section C Notes to the accounts (cont)**
**Note 29 Additional Disclosures The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**