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2022-12-31-accounts

Charity No. 1170717

MASAMBIRO UK

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Ravina Bijlani Anstance Fometu Samuel Greene Jason Strelitz Hannah Weisfeld Mandy Wilkins (Chair) Charity Number 1170717 Principal Address 28 Queens Avenue, London N3 2NP Independent Examiner Angela Wimborne

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CONTENTS

Page

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ANNUAL REPORT

The trustees present their report and accounts for the year ended 31 December 2022.

Objectives and Activities

Masambiro UK’s objectives are:

The advancement of education for the people of Malawi for the public benefit, including, although not exclusively by:

The relief of poverty for the people of Malawi for the public benefit including, although not exclusively by:

The advancement of health for the people of Malawi for the public benefit, including, although not exclusively by:

Achievements and Performance

We continued to provide Kunyanja Secondary School with ongoing budgetary support that we have committed to long term, alongside working with the school management to oversee the development of new initiatives and projects.

Sydney Simumba

We continued to support one of the school's directors and founders in his cancer treatment until February 2022. Sydney sadly died at the end of February, aged 37. As well as being a great personal loss to the trustees and staff members at the school, it also created a huge deficit for the school in terms of leadership and visionary thinking. As such, the trustees of Masambiro UK spent significant time supporting the other school director, Feston Singoyi, through this difficult and challenging time.

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Sydney had been supporting 25 children from his village to attend school and Masambiro UK committed to continuing to support these children through their education after he died. We also committed to supporting his sister through her university education.

General school support

Masambiro UK continued to support Kunyanja Secondary School with core budget support, including paying towards bursaries for students to attend the school and live at the girls’ dormitory, and provided grants to Kunyanja graduates who were successful at obtaining university places. We had increased the number of bursaries we were funding to 70 students during covid but agreed to return this to 40 students to make it more sustainable and affordable for Masambiro UK. However, our fundraising quiz towards the end of 2022 was extremely successful and this enabled us to commit to maintaining a higher level of bursary support moving forward. At the start of the year, we worked with Feston to ensure he was still able to provide Masambiro UK with the regular updates and reporting we needed in line with our governance requirements, even though he could no longer rely on Sydney to help with this.

Due to the term dates being out of sync because of Covid, there were four academic terms in 2022 rather than the standard 3 and so we had to make an extra transfer to the school during the year. We were able to manage this additional transfer because enough funds were raised by Masambiro through the course of the year. In 2023, the term dates returned to the standard academic year.

Supporting education in Cape Maclear

We agreed we would start to support some schools in Cape Maclear, Malawi, with funds that are being raised specifically for this purpose by some of Masambiro UK's supporters. It was agreed that we would transfer these funds subject to us receiving a report on spending of the previous transfer and that the schools in Cape Maclear were happy to abide by our safeguarding policy.

Teacher training college

We were able to purchase the land intended for the teacher training college with the funds raised by trustee, Jason Strelitz, who ran a marathon whilst in a quarantine hotel after visiting Malawi in late 2021. The land was purchased in early May 2022. Further plans to develop the land and build the teacher training college were subject to us ensuring there was adequate oversight and support on the ground to help with the project as it is an enormous undertaking.

Health clinic

Our trustee, Sam Greene, worked with Feston to build a proposal for a health clinic intended to serve the school and wider local community. The board of Kunyanja Educational Trust added a new trustee to the board who is a medical practitioner who has the correct skills and experience to help oversee this project. The proposal was presented to a potential funder in the UK for review, who said they most likely would be able to start to raise funds for it in 2023.

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Financial Review

In the year to 31 December 2022, we raised £50,391 from donations, grants and fundraising events. We made transfers to Kunyanja School of £55,929 and we were left with reserves of £31,673.

Expenditure exceeded income in the current year as funds for the teacher training college were fundraised at the end of 2021 and the purchase of the land was made in May 2022.

Our financial processes remain the same as previous years. The trustees maintain regular contact with the directors of the project and approve a budget at the beginning of each academic year. Funds are transferred to Malawi three times a year on receipt of a report of expenditure and performance for the previous term. The trustees have committed that one trustee will visit Malawi every 12-18 months to meet with project directors face-toface and review the progress in person against financial and performance reports. This ensures that our funds are being properly spent. This has not been easy to do as a result of Covid-19, but Jason Strelitz was able to make a trip for the first time since pre-pandemic and we now hope these trips will be back on track.

Trustees maintain a policy that we will make a regular commitment to fund a certain number of students to attend school and university on an annual basis, and when additional funds are available we will work with the project directors in Malawi to ascertain what spending priorities are. Our reserves policy dictates that additional items are not funded unless Masambiro UK is already in receipt of the required funds for the upcoming transfer for our regular commitments to the project, alongside there being a clear idea of how any additional funds will be raised. Trustee Ravina Bijlani, who is a qualified accountant, acts as the Treasurer.

Despite the fact there were significant budgetary pressures, particularly huge inflation in Malawi precipitated by the Ukraine war, the management of the school did extremely well in 2022 in managing these challenges and we were not called on to provide additional support as we had been expecting.

Structure, Governance and Management

Masambiro UK is established pursuant to its Trust Deed dated 1 November 2016 and is registered under the Charities Act 2011, charity number 1170717. The charity commenced its activities in January 2017.

Trustees that served throughout 2022 were:

Ravina Bijlani Anstance Fometu (appointed 15th September 2022) Samuel Greene Jason Strelitz Hannah Weisfeld

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Mandy Wilkins (Chair)

All decisions are taken by the board of trustees as listed above, and Masambiro UK does not pay any staff to administer its activities. The trustees maintain regular contact with the project directors in Malawi and funds are transferred on receipt of regular reports from the trustees and directors in Malawi.

Where there is a requirement for new trustees, these would be identified and appointed by the remaining trustees. Mandy Wilkins, the Chair of Trustees, is responsible for the induction of any new trustee which involves awareness of a trustee's responsibilities, the history and the administrative procedures of the charity.

The trustees annually review the risks that the charity faces. The best ways to mitigate these risks are then put into place. The trustees are satisfied that the charity faces minimal or no risk in the upcoming year.

The trustees’ report was approved by the Board of Trustees.

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INDEPENDENT EXAMINER'S REPORT Charity.. Masambiro UK Charity Number.. 1170717 Accounting Per¢od.. ljanuary 2022 to 31 December 2022 The charity's trustees are responsible forthe preparation of the accounts in accordance with the Charities Art 20111.the Arfl. The charitWstrusÈees considerthat an audit Is not req￿Ired for this year under 5e¢tÈon 144 of the Act and that an tndependent examination is needed as the income for the peiiod exceeded £25,000. It is my responsibility to.. examine the accounts under Section 145 of the Charities Act to follow the applicable OirectlOn5 given by the Charity Cornrnission (under settion 14515llbl of the Act to state whether partlculaf matters have come to my attention My examination was carried out in accordance with general direction5 given by the Charity Comrnission. Afi examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of anv nusual items ordi5closures in the accounts and seeking explanationsfrom the trvstees concerning any such matter5. The prO￿duleS uadertaken do not provide all the evidence that would be required in an audit. and consequentty no oplniofi is 8¥ven as to whether the èccounts present a 'tnJe and fairf view and the report is limlted to those matters set out in the statement below. In connettion with my examlnation, no material matteT5 have corne to my attentlon which give5 me cause to believe that in, any material respect= the accounting records were not kept in accordan￿ with section 130 of the Charities Act the accovnts did not accord with the accountTrng records the accounts did not cornply with the applicable requirements concerning the forrn and content of accounts set out in the Charities IAccounts and Report51 ReBulation$ 2008 other than any requirementthat the accounts give a'true and fairf view which is not a matter considered as partof an independent exarnination. I have no concerns and have come across no other rnatter5 in connectioft with the eXami￿ation to which attention should be drawn in this report in orderto enable a proper understandlng of the accounts to be reached. Signed- Name.. Angela Wimborne Date: 10 Address=

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Masambiro UK 1170717
Receipts and payments accounts CC16a
For the period 01 January 2022 31 December 2022
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment Year ended 31
Total funds
funds funds funds Dec 2021
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
Receipts
Donations and grants 33,274 7,837 - 41,111 52,325
Fundraising events 9,280 - - 9,280 8,575
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for AR) 42,554 7,837 - 50,391 60,899
Asset and investment sales
- - - -
- - - - -
Sub total - - - - -
Total receipts 42,554 7,837 - 50,391 60,899
Payments
Charitiable activities 52,598 3,087 - 55,685 28,490
Bank charges 208 36 - 244 100
Fundraising events - - - 1,893
Travel - - - 4,296
Subscriptions - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 52,806 3,123 - 55,929 34,779
Asset and investment purchases
- - - -
- - - -
Sub total - - - - -
Total payments 52,806 3,123 - 55,929 34,779
Net of receipts/(payments) - 10,252 4,714 - - 5,538 26,121
Transfers between funds - - - - -
Cash funds last year end 37,211 - 37,211 11,090
Cash funds this year end 26,959 4,714 - 31,673 37,211
----- End of picture text -----

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Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
Investment assets
Assets retained for the charity’s
own use
Other monetary assets
Cash funds
Liabilities		 Details
Total cash funds
Signature		 Unrestricted
funds
Restricted funds
to nearest £
to nearest £
26,959
4,714
-
-
-
26,959
4,714
Unrestricted
funds to nearest
£
Restricted funds
to nearest £
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
Print Name
RAVINA BIJLANI		 Endowment
funds
to nearest £
-
-
-
-
Endowment
funds to
nearest £
-
-
-
-
-
Current value
(optional)
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
When due
(optional)
Date of approval
15/10/2023

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