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|---|---|---|---|
|Trustees'<br>report|||1|
|Independent<br>examiner's||report|7|
|Statement<br>offinancial|activities||8|
|Balance sheet|||9|
|Notes to the financial|statements||10|





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|Forthe year ende|d 3|0June 2023||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
||||Notes|2023|2023|2023|2022|
|||||f|F|F||
|Income from:||||||||
|Donations<br>and legacies||||203,997|14,116|218,113|222,613|
|Other trading<br>activities||||52,152||52,152|54,521|
|Investments||||1,257||1,257|109|
|Total income||||257,406|14,116|271,522|277,243|
|Expenditure<br>on:||||||||
|Raising funds||||9,971||9,971|5,080|
|Charitable<br>activities||||304,040|8,078|312,118|345,130|
|Total expenditure||||314,011|8,078|322,089|350,210|
|Net Expenditure||||||||
|before transfers|between funds|||(56,605)|6,038|(50,567)|(72,967)|
|Transfers<br>between funds||||||||
|Net movement<br>in|funds|||(56,605)|6,038|(50,567)|(72,967)|
|Reconciliation<br>offunds||||||||
|Total funds brought||forward||208,977||208,977|281,944|
|Total funds carried forward||||152,372|6,038|158,410|208,977|





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|As at 30June 20|23||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes||2023||2022|
|Current assets|||||||||||
|Debtors|||||||580||525||
|Cash at bank and|in|hand|||||159,244||209,849||
||||||||159,824||210,374||
|Creditors:-|||||||||||
|amounts<br>due within||one||year||12|(1,414)||(1,397)||
|Net current assets||||||||158,410||208,977|
|Total assets less current||||liabilities||||158,410||208,977|
|Net assets||||||||158,410||208,977|
|Charity Funds||||||13|||||
|Unrestricted<br>income||funds|||||||||
|Unrestricted<br>revenue||accumulated|||funds||152,372||208,977||
|Unrestricted<br>capital funds|||||||||||
|Unrestricted<br>revaluation|||reserve||||||||
|Total unrestricted|funds|||||||152,372||208,977|
|Restricted income|funds||||||||||
|Restricted<br>revenue|accumulated||||funds||6,038||||
|Total restricted funds||||||||6,038|||
|Total charity funds||||||||158,410||208,977|





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||||||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2023|2023|2022|
||||||||||F||F||
||Gift aid||||||||16,663||16,663|20,800|
||Individual||donations||||||4,071|11,508|15,579|4,817|
||Regular||individual|||donations|||70,550||70,550|68,581|
||Churches||||||||3,920||3,920|5,277|
||Companies||||||||19,457|2,608|22,065|38,584|
||Schools||||||||25,055||25,055|6,207|
||Trusts||||||||63,742||63,742|77,968|
||Legacies||||||||539||539|379|
||||||||||203,997|14,116|218,113|222,613|
|5|Other trading||||activities||||||||
||||||||||Unrestricted|Restricted|Total|Total|
||||||||||2023|2023|2023|2022|
|||||||||||||E|
||Fundraising||||||||49,210||49,210|51,690|
||Shop income||||from|sale ofdonated||and|||||
||bought|in goods|||||||2,942||2,942|2,831|
||||||||||52,152||52,152|54,521|
|6|Investment|||income|||||||||
||||||||||Unrestricted|Restricted|Total|Total|
||||||||||2023|2023|2023|2022|
|||||||||||F||F.|
||Interest|&||dividends|||received||1,257||1,257|109|
|7|Expenditure||||on raising funds||||||||
||||||||||Unrestricted|Restricted|Total|Total|
||||||||||2023|2023|2023|2022f|
||Commissions||||payable||||1,719||1,719|1,701|
||Cost of|fundraising||||activities|||7,802||7,802|3,204|
||Purchases|||ofgoods|||for sale||450||450|175|
||||||||||9,971||9,971|5,080|





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|8|Charitable<br>acti|vities||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||2023|2023|2023|2022|
|||||E||F||
||Direct staff costs|||||||
||Admin staff salaries and Ers Nl|||59,533||59,533|54,093|
||Training<br>and welfare||||||26|
||Pension Costs|||986||986|887|
|||||60,519||60,519|55,006|
||Indirect employee costs|||||||
||Travel and subsistence|||265||265||
||Premises costs|||||||
||Rent payable|||2,433||2,433|2,038|
|||||2,433||2,433|2,038|
||General admin|expenses||||||
||Telephone<br>and|fax||383||383|305|
||Postage|||1,146||1,146|491|
||Stationery<br>and|printing||5,068||5,068|6,347|
||Subscriptions|||120||120||
||Software|||4,699||4,699|5,243|
||Insurance|||1,066||1,066|1,088|
||Bank charges|||326||326|158|
||Consultancy<br>fees|||335||335|5,519|
||Accountancy<br>Fees|||4,831||4,831|3,544|
||Sundry|||97||97|17|
|||||18,071||18,071|22,712|
||Total support costs|||81,288||81,288|79,756|
||Grants<br>paid (note 9)|||222,752|8,078|230,830|265,374|
||Total charitable|activities||304,040|8,078|312,118|345,130|
|9|Grants paid|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||2023|2023|2023|2022|
||Malawi<br>Monthly|Grants||176,379||176,379|227,975|
||Malawi Extraordinary||Grants|6,000|8,078|14,078||
||Sponsorship<br>in|Malawi||40,373||40,373|37,399|
|||||222,752|8,078|230,830|265,374|





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|10|Staff costs and key management|Staff costs and key management|Staff costs and key management|personnel<br>remuneration|personnel<br>remuneration|personnel<br>remuneration||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||Salaries|||||||59,533|54,093|
||Employer's<br>pension|||||||986|887|
|||||||||60,519|54,980|
||Numbers<br>of full time|employees||or full|time equivalents|||2023|2022|
||Engaged<br>on charitable|activities||||||||
||There were no employees||with emoluments|||in excess of260,000 per annum||in either year||
|11|Debtors|||||||2023|2022|
||||||||||E|
||Other Debtors|||||||187|187|
||Amounts<br>due to associated||or subsidiary||undertakings|||393|338|
|||||||||580|525|
|12|Creditors: amounts|falling due||within|one year|||2023|2022|
||||||||||E|
||Accrued Expenses|||||||1,200|1,200|
||Unpaid<br>Pension<br>Contributions|||||||214|197|
|||||||||1,414|1,397|
|13|Statement ofcharity|funds||||||||
|||||||Unrestricted|Restricted|||
|||||||funds|funds|Total|Total|
|||||||2023|2023f|2023<br>f.|2022<br>E|
||At beginning<br>ofyear|||||208,977||208,977|281,944|
||Income|||||257,406|14,116|271,522|277,243|
||Expenditure|||||(314,011)|(8,078)|(322,089)|(350,210)|
||At end ofyear|||||152,372|6,038|158,410|208,977|





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|14|Net assets betwe|e|n funds||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total|Total|
||||2023|2023|2023|2022|
||Current Assets||153,786|6,038|159,824|210,374|
||Current<br>Liabilities||1,414||1,414|1,397|
||||152372|6038|158410|208,977|
|15|Prior year net assets between funds||||||
||||Unrestricted|Restricted|||
||||funds|funds|Total|Total|
||||2022|2022<br>F|2022f|2021|
||Fixed asset investments||||||
||Current Assets||210,374||210,374|284,224|
||Current<br>Liabilities||1,397||1,397|2,280|
||||208 977||208 977|281,944|
|||||Unrestricted|Restricted||
|16|Prior Year Statement of Financial Activities|||funds|funds|Total|
|||||2022|2022|2022|
||||||E|E|
||Income from:||||||
||Donations<br>and legacies|||222,613||222,613|
||Other trading<br>activities|||54,521||54,521|
||Investments|||109||109|
||Total Income|||277,243||277,243|
||Expenditure<br>on:||||||
||Raising funds|||5,080||5,080|
||Charitable<br>activities|||345,130||345,130|
||Total Expenditure|||350,210||350,210|
||Net Gains (Losses)||on investments||||
||Net (expenditure)|before|||||
||transfers<br>between|funds||(72,967)||(72,967)|
||Transfers<br>between||funds||||
||Net movement<br>in|funds||72,967||72,967|