## **Trustees’ Annual Report for the period** ## **From 6 April 2022 Period start date To 5 March 2023 Period end date** ## **Charity name: Masoyi Trust UK** ## **Charity registration number: 1167595** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The relief of need by providing care and
support to the sick, orphaned, vulnerable
and destitute in the Masoyi community of
South Africa, especially to those infected
with and affected by HIV/Aids.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Grant-making**
Grants were made to eMasoyi Community
Development Foundation (previously
registered as Masoyi Home Based Care
Project) totalling £20,332. This has been
used (and continues to be used) for:
Monthly food parcels for needy patients
and children
Lunchtime feeding
Peer education: incentive payment to peer
educators; refreshments
House completion
**Worker payments**
Transport (fuel) for: children’s activities;
peer education; house-building
Infrastructure costs
We had a total of 12 narrative reports
during the period showing how the grants
were applied; and 12 audit trail reports
(copy receipts etc).
**Communication**
We have been in regular contact with the
CEO of eMasoyi and other officers to
discuss and agree use of grants.| |||**For current news**
We have produced a monthly prayer
bulletin, a quarterly report, and posted
regular updates on our website and
Facebook page.
**Fund-raising**
We have a small number of supporters
giving by standing order or one-off but
regular donations; one-off individual
donations; donations given via fundraising
campaigns; annual donations from two
churches; and Gift Aid.
**Trustee Meetings**
The trustees met four times during the
period. The Management Team receive
quarterly account summaries from the
treasurer. We monitored the new houses
funded and built this year. We submitted
an application for a grant.
**Annual General Meeting**
We held our AGM in October 2022.
**Policies**
We have a Code of Conduct and
declaration, and implement it as
appropriate.
We have implemented a safeguarding
policy and we are looking at Trustee
training on anti-bribery.
We have been working with eMasoyi to
implement a photo consent policy on the
ground in South Africa. This will enable us
to safeguard who we use in our reports and
whether or not we have consent to use an
individual’s photo.
**Banking**
We send our donations to eMasoyi
monthly.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have had due regard to the
commission’s public benefit guidance when
exercising any powers or duties to which
the guidance is relevant.
The trustees met four times during the
period. The Management Team receive
quarterly account summaries from the
treasurer. We received £3000 from Souter
Grant at the start of the financial year.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|Our policy on grant-making is to discuss
with eMasoyi the funds that Masoyi Trust
UK have available and find out eMasoyi’s
priorities. The Masoyi Trust UK trustees
and management team then decide how
the grant should be applied. We set
widely-defined categories to give the
Project staff more flexibility and the chance
to respond to changes on the ground
without having to refer to us in
advance. During the first quarter of this
reporting period the responsibility of
Treasurer was passed over from Dale
Aitken to Logan Black. There was a
thorough hand over process and Logan
keeps the Management Team informed
throughout the year.| |Policy on social investment
including program related
investment|Para 1.38|**n/a**| |Contribution made by
volunteers|Para 1.38|During the reporting period we had two
members of our Management Team who
supported the overall running of the charity
but who are not Trustees. One of these
volunteers is our Treasurer who oversees
the budget and accounts and has overall
financial responsibility for the charity. The
second volunteer keeps a list of all of the
Charity’s policies and procedures and
keeps track of when these need reviewing
and/or updating.| |Other||| ## **Achievements and Performance** SORP reference |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|To make presentations to interested
groups.
To keep our supporters and other
interested people informed of our, and
eMasoyi’s, activities, by email and other
media outlets.
To raise over £22,000 in donations plus gift
aid and £3,000 in grant funding.
To fund the relief of hunger; the delivery of
peer education; transport and admin. costs;| |---|---|---| **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|During the period, our principal sources of
income have been:
One-off but regular donations;
Church donations;
Regular donations
Coffee morning fundraiser in October 22
These funds less bank charges, which was
£0 this year, have enabled Masoyi Trust
UK to send the funds to eMasoyi to
maintain its activities as described above,
particularly to help them to meet rising
inflation costs.
Up to 2% of income is allocated to fund-
raising and marketing. We used £43 of the
agreed allocation.| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|We do not set objectives for fundraising.| |Investment performance
against objectives|Para 1.41|**n/a**| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of year, we had £7814 in our
account. £5000 of this is restricted funds
for a new house. It has not been spent yet
due to staff changes in administration. The
due diligence on the new housing volunteer
is taking more time than expected however,
the team are planning an in person visit in
October 2023 and hope to have this
resolved by the end of the trip.
Communication has been maintained with
the donor of the restricted house funds and
they are happy with the process.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Our policy is not to have reserves, but to
make grants as soon as an agreed
proposal is in place.| |Amount of reserves held|Para 1.22|£0| |Reasons for holding zero
reserves|Para 1.22|Other than the aforementioned delay
regarding the restricted house funds we do
not believe in holding on to unspent
income, particularly when there are
immediate needs identified by eMasoyi.
Further as a small charity we only just
generate enough income to cover our
agreed budget each month. We mitigate
the risk by keeping a close eye on our
income and communicating with eMasoyi
on a regular basis.| |Details of fund materially in
deficit|Para 1.24|£0| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|We are always conscious that to keep the
charity going forward we need people
resources, continued donations and
general interest and support from
individuals and churches.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|One-off but regular donations;
Church donations;
Regular donations
Ad-hoc fundraisers| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|n/a| |A description of the principal
risks facing the charity|Para 1.46|As a small charity we believe the risks are
low. The principal risk facing the charity is
lack of income and financial sustainability.| The trustees of Masoyi Trust UK are fully committed to, and responsible for, Risk Management in accordance with the Risk Management Policy of MTUK, in order to maintain the lowest risk possible within the operations of the Trust. The Risk Management Policy describes the process of risk assessment and the way in which risks are identified and managed. Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust deed| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Trust| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by existing Trustees| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|All new Trustees will be given a copy of the
Trust Deed and be asked to sign a Code of
Conduct.
We are looking to develop an induction
pack for new Trustees.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity is managed by a team of
Trustees, alongside volunteers, who make
up the management team. The
management team as a collective are
responsible for decision making and the
overall running of the charity.| |Relationship with any related
parties|Para 1.51|The charity has a strong relationship with
eMasoyi Community Development
Foundation, for whom the charity solely
raises support and funds, and for whom the
Charity solely sends funds to. We have
implemented a Partnership Agreement to
solidify our relationship and outline our
roles and responsibilities in writing. We will
be looking to review this in the next
financial year with our partners to ensure
the document is relevant and up to date.| |Other||| ## **Reference and Administrative details** |Charity name|Masoyi Trust UK| |---|---| |Other name the charity uses|| |Registered charity number|1167595| Charity’s principal address Masoyi Trust (UK), 45a Ardsley Road, Chesterfield, S40 4DG ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Dale Aitken|||| ||Matt Aitken|Chair||| ||Fiona Black|Secretary||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Fiona Black|| ||
Secretary|| ||25thSeptember 2023|| ||25thSeptember 2023|| ||Masoyi Trust (UK)|Masoyi Trust (UK)|Masoyi Trust (UK)|**1167595**|**1167595**|**1167595**|**CC16a**| |---|---|---|---|---|---|---|---| |||**Receipts and payments accounts**|||||| ||**For the period**
**from**|06-Apr-22|**To**||05-Apr-23||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the**
**nearest £**
**£ 15,592 **
**£ 2,333**
**£ 1,034 **
**£ 18,959**
**£ -**
**£ -**
**£ -**
**£ 18,959**
**£ 16,785**
**£ 43**
**£ 16,828**
**£ -**
**£ -**
**£ -**
**£ 16,828**
**£ 2,130**
**£ -**
**£ 277**
**£ 2,407**|**Restricted funds**
**to the nearest £**
**£5,750**
**£3,000**
**£ 132 **
**£ 8,882**
**£ -**
**£ -**
**£ -**
**£ 8,882**
**£ 3,547**
**£ 3,547**
**£ -**
**£ -**
**£ -**
**£ 3,547**
**£ 5,335**
**£ -**
**£ 72**
**£ 5,407**|**Endowment**
**funds**
**to the nearest**
**£**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**||**Total funds**
**to the nearest**
**£**
**£ 21,342**
**£3,000**
**£ 2,333**
**£ -**
**£ 1,166**
**£ -**
**£ -**
**£ -**
**£ 27,841**
**£ -**
**£ -**
**£ -**
**£ 27,841**
**£ 20,332**
**£ -**
**£ 43**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ -**
**£ 20,375**
**£ -**
**£ -**
**£ -**
**£ 20,375**
**£ 7,465**||**Last year**
**to the**
**nearest £**| |Bank donations|**£ 15,592 **||||||**£ 17,410**| |Grants|||||||**£ -**| |Gift Aid|**£ 2,333**||||||**£ 2,731 **| |Online|||||||**£ 755**| |Cash|**£ 1,034 **||||||**£ 1,189**| |Marketing|||||||**£ -**| ||||||||**£ -**| ||||||||**£ -**| |**_Sub total_**_(Gross income for_
_AR)_|**£ 18,959**||||||**£ 22,085**| ||||||||| |**A2 Asset and investment**
**sales, (see table).**|||||||| |**None**|**£ -**||||||| ||**£ -**||||||**£ -**| |**_Sub total_**|**£ -**||||||**£ -**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**£ 22,085**| ||||||||| |Donations to eMasoyi|**£ 16,785**||||||**£ 27,431**| |Bank charges|||||||**£ -**| |Marketing|**£ 43**||||||**£ 36**| ||||||||**£ -**| ||||||||**£ -**| ||||||||**£ -**| ||||||||**£ -**| ||||||||**£ -**| ||||||||**£ -**| |**_Sub total_ **|**£ 16,828**||||||**£ 27,467**| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| |**None**|**£ -**||||||| ||**£ -**||||||| |**_Sub total_ **|**£ -**||||||**£ -**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||||||||**£ 27,467**| ||||||||| ||**£ 2,130**|**£ 5,335**|**£ -**||**£ 7,465**||**-£ 5,382**| ||**£ -**|**£ -**|**£ -**||**£ -**||**£ -**| ||**£ 277**|**£ 72**|**£ -**||**£ 348**||**£ -**| ||**£ 2,407**|**£ 5,407**|**£ -**||**£ 7,814**||**-£ 5,382**| CCXX R1 accounts (SS) 10/11/2023 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|None
**Details**
Bank current account
Cash
**Details**
**_Total cash funds_**
(agree balances with receipts and
payments account(s))
None
**Details**
**Details**
None
**Details**
None|**Unrestricted**
**funds**
**to nearest £**
**£ 2,407**
**£ -**
**£ -**
**£ 2,407**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to**
**which asset**
**belongs**
**Fund to**
**which asset**
**belongs**
**Fund to**
**which liability**
**relates**|**Restricted**
**funds**
**to nearest £**
**£ 5,407**
**£ -**
**£ -**
**£ 5,407**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Cost**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---| |||||**£ -**| |||||**£ -**| |||||**£ -**| |||||**£ -**| |||||OK| |||||**Endowment**
**funds**
**to nearest £**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current**
**value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current**
**value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| ||None||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Date of 10/11/2023approval Signed by one or two trustees on behalf of all the trustees CCXX R2 accounts (SS) Signature Print Name 2 CCXX R3 accounts ISSI 1011112023 CHARITY COMMISSION FOR ENGLAND WALES Independent examinerfs report on the accounts Section A Independe¥)t Examiner's Report Report to the trustms Masoyi Trust (UKI On accounts for the year ended 05 A 2023 Charlty no Ilf any) 1167595 S•t out on page• I report to the trustees on my examination of the ac(x)unts ol the above chkn Tfusf) forthe year ended 0510412023. Responslbllltles and b4818 of r•wt As the chaws tru8te88. you are responsible for the preparats'on of the accounts in accordance with the Wu[rery￿ts of the Charities Act 2011 (Ihe Ad.). I report in respect of my examination of the Tru8t's accounts carried out under section 145 of the 2011 Act and in carying oui my examination, I have followed all the awicable Direth'ons given by the Charity Commission under sedion 145{5Mb) of the ACL Independent The tharfty's gross income ex¢e8d8d £25,000 and l am qualified to examlner's ststement undertake the exarn1nakn.¢￿ by beirKJ a qualffied member Charter8d Instltute of Man4ement A{t￿nI<s (CIMA) I have con*ed my examination. I corffirm that rK* materfal matter5 have come to my atention in connectson with the examinab'on (other than that di8dosed bekMI ') which ￿VeS n* cause to believe IhAt in. any Matèrial Ihe a¢xo(K)ling records wefe ncrt kapt in accofdanc8 with 8ec*on 130 of the Charities Act.. or the a(uunts did not ￿(d wilh the ac￿)untIng re￿rdS,. or the xcounts did rK)t COFrWy with the applicatAe requireffÉnts conceming Ihe form and ￿ntent of wxounts set out in the Chaiities (ACCI￿nIS and Re￿rts) Regulations 2008 other than any requirement that the accounts give a 1rue and faif view which is not a matter COn8th￿ as part ot an irmdependenl examlnation. I have rK> con(*ms have come &ross no othèr matters in conneLXion ith the examin*'cn lo which attention should be drawn in this report in order to enable a proper understanding of the ac￿unt3 to be rethd. . Please ¢*lete Ihe in the brad(ets rflhey do not apply. Slgned: r* Date: 1819123 Name: Christine Vwgh Rolevant Pfof•sslonal , ACMA qualificatlonls) or boty IER Oct 2018 (rf any): Addrnss: Tall Trees. Park Road Leek, Staffordshire ST13 8JS Section B Disclosure Only complete if the exaftNnec needs to h￿hlIght material matters of concern (see CC32, Independent examinatvJn of charity a¢￿unts. directions and gUid￿￿e for 8￿rr*nets). Glvo h•rn brfef dgtalls of any Stsms thatthe examln•r wlshH dlscloso. IER Oct 2018