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2025-12-31-accounts

Chifundo UK

(a Charitable Incorporated Organisation)

Trustees Report

and

Financial Statements

for the period

1 January 2025 to 31 December 2025

Registered charity: 1160791

CKO

Page 1 of 11

Table of Contents

Report of the Trustees ....................................................................................................... 3 Independent Examiner’s Report on the Accounts ............................................................. 7 Statement of Financial Activities for the year ended 31 December 2025 .......................... 8 Statement of Assets and Liabilities at 31 December 2025 ................................................. 9 Notes to the Financial Statements for the year ended 31 December 2025 ..................... 10

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Report of the Trustees

The trustees of Chifundo UK present their annual report and accounts for the period 1 January 2025 to 31 December 2025 and confirm that they comply with the requirements of the Charities Act 2011, Chifundo UK’s constitution as a Charitable Incorporated Organisation, and the charities SORP 2005. The trustees also confirm that section 4 (the public benefit requirement) of the Charities Act 2011 has been complied with.

Legal and administrative information

Name Chifundo UK Charity number 1160791 Charity address Hayes Farm Stonham Road Cotton Stowmarket IP14 4RQ

Trustees

Trustees serving during this period and their positions held were as follows:

Lynn Walton, Treasurer Jean Gorman, Secretary Susan Flynn Gloria Morrison Derrie Lizi Princy Johnson Gill Phillips

Independent Examiner

David Lewis F.C.A.

Structure, governance and management

Governing Documents

Chifundo UK is a Charitable Incorporated Organisation (CIO) with a Constitution, founded on 20 November 2014. Chifundo UK was entered on the Register of Charities of England and Wales on 9 March 2015. The financial statements comply with the current statutory requirements of the Charities Act 2011.

Trustee Recruitment, Induction and Training

Trustees are encouraged to attend external training events and to read the relevant literature provided by the Charity Commission.

Organisation

The charity trustees shall manage the affairs of the CIO and may, for that purpose, exercise all the powers of the CIO. The membership of the CIO is its trustees.

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During 2025 the trustees met eight times virtually via ZOOM.

Aims and Activities

The aims of the CIO are:

To further these aims, the activities for the year 2025 were:

  1. Funding the employment of a part time coordinator and a part time support worker in Malawi to support and organise the six sewing groups.

  2. Funding the rent of premises for each group in which to work.

  3. Buying and maintaining sewing equipment e.g. sewing machines.

  4. Funding women to attend tailoring training courses in Malawi.

  5. Supporting the making of Lotus Packs of reusable sanitary pads and bags for girls in government funded schools in Malawi alongside training in Menstrual Health to enable the girls to attend school regularly. Mothers’ groups at the schools are also trained to make pads to start small businesses.

  6. Raising awareness of the situation in Malawi and raising money through sales of products, appeals and by providing information on the work of Chanasa in Malawi.

  7. Selling ethical products made by Chanasa in Malawi through events in the UK and online.

  8. Selling ethical goods made by sewing group volunteers in the UK through events.

Achievements and Performance

HIGHLIGHTS

Highlights from 2025 include:

Page 4 of 11

SUPPORT FOR CHANASA MALAWI

LOTUS PROJECT

This has continued this year and to date in total 5,602 girls at 21 schools have received Lotus Packs and menstrual health management training together with training for boys, mothers and staff which is a great achievement. Thank you to all supporters, both trusts and individuals, who make this important work possible. The Hilden Trust have given £4,000 in 2025 and the same is planned for 2026 towards an enhanced Lotus Project at four schools. This is to include a group of girls as well as mothers to be taught how to make Lotus pads and to be provided with sewing machines as well as equipment and materials. They will also be given business training to help them turn the project into a small business. Our aim is also to provide these schools with WASH facilities (Toilets and changing rooms for the girls). So far we have raised £12,000 towards this and the first block is nearing completion.

SEWING GROUP

The UK sewing group members continue to make products for sale in the UK and worked particularly hard on embellished clothing for the fashion show.

WOMEN MAKING A DIFFERENCE

Women Making a Difference have been updated via email, a Whatsapp group and meeting up while running stalls and events together with the 10[th] anniversary celebration event.

FUNDRAISING AND SALES IN THE UK

Chifundo UK continues to be a member of BAFTS (The British Association of FairTrade Shops and Suppliers). Derrie Lizi was able to bring back to the UK a large number of products made by the Chanasa women in September 2025. These now need to be marketed in the UK. Susan has been very successful in applying for grants for the Lotus Project and WASH facilities.

Financial review

Overview

Total income for this period was £26,615 (£16,458 in 2024) which includes £5,000 from the Farthing Trust. £4,288 (£5,659 in 2024) was raised for the Lotus Project including a grant of £4,000 from the Hilden Trust. £12,000 was raised for WASH facilities: £2,000 from the Eleanor Rathbone Trust,

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£5,000 for Wells for Africa and £5,000 from the Coles-Medlock Foundation. Sales of products were down due to having less stalls at events.

Total expenditure for the period was £18,834 (£11,503 in 2024). £7,389 of this was for the Lotus Project and £5,500 for WASH facilities. There remains in the UK £2,744 of restricted funding for the Lotus Project and £6,500 for WASH facilities.

The 54 women working for Chanasa in Malawi were each given a 45,000 Malawi Kwacha bonus (around £20) at Christmas 2025.

Reserves Policy

Chifundo UK will hold reserves of at least £3,000 to act as a cushion against any shortfall in revenue and in order to continue to fulfil its charitable purposes.

Restricted Funds

Charities have an obligation to account to donors of funds and the public in general that they are using monies entrusted to then for the purpose for which they are given. Chifundo UK received in 2025 new restricted funds as detailed in Notes 1 and 2 on page 10 below where the donor required that the money is spent on a particular purpose.

Page 6 of 11

Independent Examiner’s Report on the Accounts

I report on the accounts of the company for the period 1 January 2025 to 31 December 2025 which are set out on pages 8 to 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention (other than that disclosed below)

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Date:

Name: David Lewis

Relevant professional qualification(s) or body (if any): F.C.A.

Address: 39 Earlsway, Chester, CH4 8AY, United Kingdom.

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Chifundo UK

Statement of Financial Activities for the year ended 31 December 2025

Notes
Incoming Resources
Voluntary Income
Donations with Gift Aid
Donations without Gift Aid
Lotus Project Donations with Gift Aid
1
Lotus Project Donations without Gift Aid
1
Industrial Sewing Machines
Small Donations with Gift Aid
WASH facilities Donations
2
Income Tax recovered
3
Activities for Generating Funds
Sales of Chanasa Products at Events
Sales of Lotus Flower Bags/Certificates
Sales of Chanasa Products to Shops
Sales of Chifundo Products
Internet Sales
Coffee Morning/Craft Fair not including Product Sales
Postage charged
Other Fundraising
Other Income
Interest
Total Income
Resources Expended
Cost of Generating Funds
Chanasa Products
Raw materials
Table Fees
10th Anniversary Celebration
Postage
Course Fees in Malawi
Beehive Tailoring School
Grants to Chanasa
Equipment Grants
Staff Salaries, Rent and Administration
Other grants
Equipment
Industrial Sewing Machines
Lotus Project Costs
Lotus Project
1
WASH Facilities
Building Costs
Administration
Website
Monthly bank account fees
Other Admin costs
Cost of overseas payments
Total Resources Expended
Net incoming / (outgoing) resources
Reconciliation of Funds
Opening balance CAF account at 1 January 2025
Opening balance CAF Gold Savings Account at 1 January 2025
4
Opening balance PayPal account at 1 January 2025
Net incoming / (outgoing) resources
Closing balance CAF Bank account at 31 December 2025
Closing balance CAF Gold Savings Account at 31 December 2025
Closing balance PayPal Account at 31 December 2025
2025
2025
Unrestricted
Restricted
2,110
£
6,238
£
4,206
£
10
£
5
£
12,000
£
1,062
£
23
£
25,654
£
650
£
311
£
2024
2024
Unrestricted
Restricted
2,105
£
2,254
£
-
£
5,310
£
3,775
£
145
£
74
£
13,663
£
2,581
£
214
£
70
£
23
£
42
£
183
£
30
£
302
£
775
£
271
£
275
£
296
£
30
£
334
£
600
£
311
£
214
£
300
£
159
£
143
£
5
£
200
£
300
£
50
£
20
£
7
£
26,615
£
16,458
£
607
£
200
£
4,500
£
274
£
7,389
£
5,500
£
364
£
377
£
-
£
4,721
£
6,003
£
402
£
2,300
£
2,200
£
2,610
£
2,111
£
274
£
7,389
£
3,775
£
2,228
£
5,500
£
139
£
60
£
153
£
50
£
131
£
60
£
48
£
125
£
18,834
£
11,503
£
7,781
£
1,860
£
15,197
£
-
£
7,781
£
4,955
£
12,055
£
-
£
46
£
4,955
£
24,838
£
17,056
£
8,264
£
16,496
£
78
£
1,860
£
15,196
£
-
£
24,838
£
17,056
£

Page 8 of 11

Statement of Assets and Liabilities at 31 December 2025

==> picture [487 x 203] intentionally omitted <==

----- Start of picture text -----
Notes 2025 2024
Assets
Current Assets
Cash at CAF Bank £ 8,264 £ 1,860
Cash in CAF Gold Savings Account £ 16,496 £ 15,196
Cash at PayPal £ 78 £ -
Creditors
Amounts falling due within a year £ - £ -
£ 24,838 £ 17,056
Liabilities
All liabilities £ - £ -
£ -
Net Assets £ 24,838 £ 17,056
Funds
Unrestricted Funds £ 15,606 £ 11,211
Restricted Funds - Lotus Project £ 2,732 £ 5,845
Restricted Funds - WASH facilities £ 6,500 £ -
Total Funds £ 24,838 £ 17,056
----- End of picture text -----

Page 9 of 11

Notes to the Financial Statements for the year ended 31 December 2025

Note 1

These Restricted Funds are for the Lotus Project

Lotus Project
Balance from 2024
Incoming Resources
Donations with Gift Aid
Donations without Gift Aid excluding Hilden Trust
Hilden Trust
Money from Lotus Flower Bags & Certificates
Income tax recovered
Outgoing Resources
Grants to Lotus Project in Malawi
Items purchased in UK for Lotus Project
Shipping Costs
Cost of overseas payments
Net incoming / (outgoing) resources
Balance carried forward
5,845
£
-
£
211
£
4,000
£
42
£
23
£
5,845
£
7,000
£
389
£
-
£
4,276
£
7,389
£
3,113
2,732
£

Note 2

Note 2
WASH facilities Water, Sanititation and Hygiene faciltities - toilet blocks at schools
Balance from 2024
Incoming Resources
Eleanor Rathbone Chaaritable Trust
Wells for Africa
Coles-Medlock Foundation
Outgoing Resources
Payment 1
Payment 2
Cost of overseas payments
Net incoming / (outgoing) resources
Balance carried forward
2,000
£
5,000
£
5,000
£
-
£
3,000
£
2,500
£
-
£
12,000
£
5,500
£
6,500
£
6,500
£

Note 3

Gift Aid claims are for 2024 and 2025

Note 4

CAF Gold savings account was opened in July 2024

Page 10 of 11

These accounts have been prepared using the Receipts and Payments method. As the gross income is below £25,000 there is no requirement from the Charity Commission to have the accounts independently examined or audited. However, the trustees have chosen to have the accounts independently examined.

Lynn Walton Treasurer Chifundo UK

Page 11 of 11