JACARANDA UK
FOUNDATION
JACARANDA UK FOUNDATION
CHARITABLE TRUST
REGISTERED CHARITY No. 1163114
REPORT FOR THE YEAR ENDED
1st APRIL 2024
www.lacarandauk.or8
+44 (0)203 633 0929
Wlllow House
46 St Andrews Street
Mildenhall
Bury St Edmunds
IP28 7HB
UK

JACARANDA UK FOUNDATION
FOUNLiinllM
CONTENTS
CHARITY INFORMATION....
TRUSTEES, REPORT FOR THE YEAR ENDED I. APRIL 2024........
I. OBJECTIVES AND ACHIEVEMENTS
2. ACHIEVEMENTS AND PERFORMANCE
3. FINANCIAL REVIEW
4. RESERVES AND FUNDS ALLOCATION POLICY
5. PLANS FOR 2024125
RECEIPTS AND PAYMENTSACCOUNT..............................................
STATEMENT OF ASSETS ANO LIA81LITIES........................................
STATEMENT OF ALLocAT￿)N OF FUNDS........................................
INDEPENDENT EXAMINER'S REPORT.............................................10
Pagell

JACARANDA UK FOUNDA TION
CHARITY INFORMATION
T￿￿1 Deed
Ihtcd 12° August 2015
Regist¢red Charity Nurn￿r
163114
Regislered Charity Name
j￿8nda UK Foundation
Working Name
JpLaran(ts UK Foundation
R¢8iStered OtTice:
Willow House
46 St Andrews Str¢¢t
MildeTth811
Bury St Edmunds
IP28 7HB
Trustees who served in 2023r24:
Ms. Daisy Beifield Santos
Ms. Anna BianGo
Mrs. Claire Darr0C￿ThOMVJn
Mr. t*Jn&2n Dar￿h.ThOMpS0n
Mr. Matthew DaTroch_Thompson
Mr. Richard Hughes
Clerk to the tn￿teeS'.
Mr. Dun￿ DanrKIFThompson
Mr. R. AlecAKk
Whitings LLP
Chart¢red Accountants and Business Advisers
Willow House
46 Si. Andrews Street
Mildenhall
IP28 7HB
Banker3.'
Lloyds Bank Pl
9 Butter Market
Bury St. Edmun(Ls
IP33 IDB
Pa8e12

JACARANDA UK FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED I" APRIL 2024
I. OBJECTIVES AND ACHIEVEMEN13
The objectives of the Jacardnda UK Foundation as defined in our Trust Deed are, for the
public benefit, to relieve the needs of children and adults in Malawi in particular, but not
exclusively, by providing charitable assislance to and advancing the education and
training of those who are the victims of HIVIAIDS, war or nalural disas*r or catastrophe,
by making grants of money and by supporting the work of other charities and
organisations furthering similar charitable purposes in this country.
Over this financial year we had two main sources of fundraising:
Regular and single donations from individuals
Grants from other trusts, charities and foundations
The trustees expffss their profound thanks to all those organisations that have made such
generous grants to us, &s well as to the individual donors who make regular monthly
donations and respond to specific appeals so liberally.
2. ACHIEVEMENTS AND PERFORMANCE
From our creation in 2015 we have mostly supported The Jacaranda Foundation, which
runs the Jacaranda School for Orphans. the Jacaranda Mullen Preschool and the
Jacaranda Vocational College loca*d outside Limbe, Malawi.
Founded by Malawian Marie Da Silva in 2002, the foundalion cares for over four
hundred children, 97 /0 of whom have been orphaned by AIDS. Marie worked as a nanny
in the US lo fund the school initially: bul now runs the school full time with her husband,
Executive Director Luc Deschamps.
Three of our trustees have worked at the sch(K)l either as volunteers or as full-time
teachers.
Income and fundr2i8ing
Gross income for the year ended l April 2024 was £71,238.22. made up of donations,
grants and Gift Aid totalling £70,429.63 plus £808.59 of bank interest. This makes this
year our most successful to dat¢ in temis of gross income g¢nernted, and is particularly
notable as we did not receive any significant individual donation.
We continued our strategy of contracting wlth an external fundraiser to source and submit
applications to grant-giving organisations, and we are pleased with the outcome of this
strategy to date. We are seeing regular successful grant applications, with an average
Page13

grant size of -£2,5Th), which demonstrates that the WO￿ we do is valued by small grant-
giving organisations with limi*d funds to all￿te.
FouNNno
In this financial year our external fundraiser submitted l 01 applications, resulting in 24
successful grants for a total of£59,928. The average grdnt success is generally accepted
to be about l 00/0 industry wide. so our rate of 24 /0 is impressive, and speaks to the quality
of the prop)sals thal are being submitted. We paid the external fundraiser £15,975 in
consultancy fees for the period. a cost that is covered by a donation we received in 2021
and is specifically desIgn￿ed for fundraising.
The trustees frequently review the external contractor's work with a view to maximisin8
its value and impact.
We had one other significant source of income, which w&$ The Big Give Christmas 2023
campaign, in which we raised a net amount of £6.085.47 in individual donations, and
£5,000 in "matched fundin8" for a total a net amount of £11,085.47.
Grants made
Our grants are based on the previous year's ino)me, excepi for 2021122. when we
received the donation designated for fundraising ref¢rr¢d to above.
This year we were delighled to provide grants of £51,248.13 which were split between
the following projects:
Teachers, salaries at the Jacaranda School for Orphans and the Jacaranda Mullen
Preschool
Classroom improvements ai the Jacaranda School for Orphans
Staffing and materials at the Jacaranda Physiotherapy and Rehabilitation Clinic
Luc's Libraries
University fees
Partial Solar Power installation at the Jacaranda School for Orphans
This is the largest annual total of grants we have rnade. and we are delighted that it
continues the pattern we have established since 2020 of increasin8 our donations year-on-
year. There is no guarantee that we will be in a position to continue to do so in 2025.
Year lo l Aprll Nei Incon
Grants nwde
2016
£16,443.51
2017
£7,690.15
2018
£28.651.36
2019
£13,906.61
2020
£21,956.23
2021
£8,863.98
2022
£67.915.62
2023
£40.636.26
2024
£54,440.45
£iO,l)(K).00
£13,OIK).00
£30.000.00
£12.105.92
£25.0(M).00
£30,500.00
£48,425.00
£51,248.13
Page14

3. FINANCiAL REVIEW
During the year we received total income (including Gift Aid) of £71.238.22, of which
£52.461.75 was restricta to specific cause& and we made grdnts totalling £51,248.13.
We incurred expenses of £16,797.77 during the year and at the end of the year we had
bank balances totalling £40.225.12.
We continued to place a significant portion of our reserves in interest earnTng accounts
with our bankers. Lloyds Bank Plc. All our deposits are covered by the Financial Services
Compensation Scheme.
No trustee has ever receive41 any payment for their duties or for any other purpose.
We had a number of successful applicatlons to trusts and foundations, some of which are
listed below. We are most gratsful to these organisations for their support, especially
those that have now funded us in muliiple y¢ars, and also to thosc not mentioned, who
wish to remain anonymous.
The Archer Trust
The Ashworth Trust
Th¢ Be One Foundation
Th¢ Catriona Hargreav¢s Trust
The Coles-medlock Trust
The Belacqua Tn￿1
The CB & HH Taylor Trust
The Dorfred Charitable Trust
The Farthing Trust
The Green Hall Foundation
The Forrester Family Trust
The Kitchen Table Charities Trust
The Lockett Trust
The Oakdale Trust
The Park Family Trust
The CaThnela and Ronnie Pi8natelli Foundation
The Wallace Bell Trust
The Pat Newman Trust
St. James's Place Charitsble Foundation
The Waterloo Foundation
Thc William Howarth Trust
The William Leech Trust
World Day of Prnyer
Of course, we also most sincerely thank all those charitsble individuals who have
committed to generous monthly donation& and those who support us when they can.
Page15

4. RESERVES AND FUNDS ALLOCATION POLICY
The Trnstees, policy is to hold resources sutTicient to meet at Iwt twelve months of
unavoidable expenditure with a margin for the unexpected. For 202412025, in accordance
with this policy, the reserve level has been calculated at £3,000.
Funds above this level can be allocated by the Truslees to specific projects or overheads
and are defined as unrestricted or restricted in accordance with the wishes of the donor.
Unrestricted funds are those available for use at the discretion of the Trustees in
furtherance of our genernl objectives and which have noi been designated for
other purposes.
Designated funds comprise unrestricted funds that have been set aside by the
Trustees for particular putposes. At present they are all dedicated to fundraising.
Restricted funds are funds which are to be used in accordance with specific
restrictions imposed by donors or which have been raised for particular purposes.
The levels of each of these classes of funds are sel out in the financial ststements.
I￿4FtIN￿A
FOUNNllOP4
5. PLANS FOR 2024125
We plan to continue to work with an extemal contractor for the coming financial year.
They will be funded out of the remainder of the specific grant we were given in 2021 that
has been designated for this purpose, along with such other unrestricled funding the
Trustees decide to allocate to fundraising. We will also continue to pursue other sources
of funding, such &8 appeals like "The Big Give" and charity race participanis.
We will carefully choose suitable Projects for which to raise funds whilst maintaining
focus on raising money io assist with paying teachers. salaries at the Jacaranda School for
Orphans, the Jacaranda Mullen Preschool, and the Jacaranda Technical and Vocational
College.
The Trustees will repK)rt on the progress of this strdtegy at the end of next financial year.
Signed on behalfofth¢ In￿tee.1..
Malthew Darroch-Thompson
Tnislee
Daied:
JL
Page16

JACARANDA UK FOUNDATION
FOUN￿1￿
RECEIPTS AND PAYMENTS ACCOUNT
Year ended
l Aprll 2024
Year ended
l Aprll 2023
TURNOVER
Gift Aid received
Unrestriced donations receNed
Restricted donations received
Unrestricted grants recebved
Restricted grants received
Other income
£2.318.75
£3.707.88
£6.945.00
£11,530.00
£45,928.00
£808.59
£71,238.22
£3.005.01
£6,577.89
£9,860.00
£26,C#XJ.00
£7,467.00
£55.54
£52,965.44
£71,238.22
£52,965.44
LESS COST OF SALES:
Event costs
£112.00
£112.00
1£112.001
GROSS PROFIT:
£71,238.22
£52,853.44
LESS EXPENSES:
Postage
Printing and stationery
Hosting fees and IT consumables
Consuttancy fees
Legal fees & Subscriptions
Bank charges
Card processing fees
1£45.901
1£9.991
(£280.46)
{£15,975.001
I£50.￿)
1£35.(M)I
£401.42
£16.797.77
1£46.301
1£19.981
1£279.441
(£11,362.00)
1£105.001
£404.46
£12,217.18
IE16,797.771 ￿ 1£12,217.181
£54.440.45
£40,636.26
SURPWS BEFORE GRANT5 MADE:
Grants made
1£51.248.131
1£48,425.001
SURPLUSI(LOSS) AFfER 6ftA￿ts MADE:
£3,192.32
1£7,788.741
Page17

JACARANDA UK FOUNDATION
STATEMENT OF ASSETS AND LIABILfTIES
As •t l Awl 1024
As at l Apyll 2023
FIXEDASSETS
Totsl fixed assets
£0.
CURRÉNT ASSErs
Unrestrlced funds
Deslgnated funits
Restritted luhds
Totsl tU￿•Trt assets
£10.325.64
£28,274.61
£1.624.87
£40,225.12 £40,225.12
£5.227.30
31.805.50
£0.
É37.032.80 £37.032.80
CURRENT LIA8ILITIES:
Totsl current Ilabl1￿V
Net ￿rrent assets
£0.(
£40.225.12
Eo.
£0.00
£37.032.80
£40.22S.12
£37,032.80
TOTALASSET5
É40.225.12
£37,032.80
CAPITALAND RESERVES
R•serves brought forward
Surplu￿(10$$} for the ￿ar
TOTAL
£37.032.80
£3.192.32
£44,821.S4
(£7,788.74
£410.225.12
£37,032.80
Page18

JACARANDA UK FOUNDATION
FOVMts4T
STATEMENT OF ALLOCATION OF FUNDS
Unrestricted, Designated and Restricted funds
Yearended IAprfl
UNRESTrICTED FUNDS
Unrestrictedfunds b/f
£ 5,227.Xi £ 1,587.76
Unrestricted funds recelved £ 15,237.88 £ 32,577.89
Gift aid received
£ 1318.75 £ 3,(lJS.01
Interest re￿iVed
)8.59
55.54
General overheads
1£ 766.88) 1£
Transferred Itol or from
Designated Fund5
Grants made from
unrestricted funds
1£ 31,1)38.CAII
Unrestrictedfunds c/f
£ 10,325.64 £ 5,227.30
DESIGNATED FUNDS
Designatedfunds b/f
Transferred from or Itol
Unrestrirted funds
Fundraisin8 Costs
Designotedfunds c/f
£ 31W5.50 £ 43,233.78
£ 16,030.89
£ 11.428.28
£ 28,274.61 £ 31,&J5.50
RE5TiucfED FUNDS
RestrKtedfunds b/f
Restricied funds received
Grants given from restritted
funds
RestrKtedfunds c/f
£ S2.873.1￿ £ 17,327.(
1£ 51248.13} 1£ 17.327.(Xll
£ L624.87
TOTAL FUNDS ATYEAR END £ 40,2S12 £ 37,031
Page | 9

JACARANDA UK FOUNDATION
UK
FOUWDAnOtI
INDEPEIYDENT EXAMINER'S REPORT
TO THE TRUSTEES OF JACARANDA UK FOUNDATION
I rel￿ on ￿ accounts of the trust for￿ year end￿ I" AEril ￿24. which are set out on pages 8 and 9.
Respective r¢sponsibililies of Tr￿81¢￿ and Exxmlner
As the charitys TTUStees you aTC rtsp)nsible for the wepaTation of the accounts. you consider that the audit
requitEmenl of under section 144(2) of the chariti￿ Act 2011("the Chariti&s Act.). does not apply. It is my
responsibility lo state, on the b&sis of pr(K¢dures specified in the Genera] Directions given by the Charity
Commissioners under swtion 145(5)(b) of the Chariiies ACL whether particular matters have ¢ome to my
attention.
Basis of Indepe￿dellt Examiner's report
My examination w&s carrted out in ￿rdance with the GeneTal Diff¢tions given by the Charity
commi￿10ners. An examination includes a review of th¢ accounting records kept by the charity and a
comparison of th¢ accounts presented with those r￿OrdS. It also includes consideration of any unusual items
or disclosures in the accounts and seeking explanations from you &$ Trustees ¢oncerning any such mallers.
The procedu￿5 undertaken do not provide all the evidence that would be required in an audiL and
consequently no opinion is given as ￿ whether the accounts prexnt a'true and fair view, and the rep)rt is
limited to those matters set out in ihe statement below.
Independent Exominer's gt*lement
In cortnection with my examinaiion, TK) matter has come to my attention:
. which gives me reasonable cause to klieve that in any material respect the requirements
- lo keep accounting record5 in accordance wilh seeiion 130 of the Charities Act,. and
- to prepare accounts which aecord with the accouniing records and to comply with the
accountfftng requirements of the Charities Act have not been mel or
2. to which. in my opinion. attention should be drawn in order to enable a proper understanding of
the a￿0[￿]￿ to be reached.
Mr. R. Alecock
Independent Examiner
Whilin£s LLP
Chartered Accountants and Business Advisers Willow HoLtse
46 St Andrews Street
Mildenh&ll
SuffolL IP28 7HB
Date ¥3
Page | 10