REGISTERED CHAIUTY NUMBER: 11761162 REPORT O YRUSTEES Af4D ur4AiJDITED FINANC TEMENrs FOR THE YEAR ENDED 31 DECEMB RIEf4DS OF MUFULIRA -B4￿loP And Company Limited Chartered Aceountahts l Higb Str¢et Thatrhaub RG19 3JG FRIENDS OF MUFULIRA CONTENTS OF THE Fif4ANCIAL STATEMENTS for the ear ended 31 DECEMBER 3 Page R¢port of theTrnstees Inde￿Ndent Ex*mlDer's Report ststement ofFiTr8Dcial Attlyltles Balance Sheet Nots¥ trj th¢ FIDaneial state1n￿ts Detailed StateweM¢ t)f Fi￿ne1¥1 AetlYhie5 io FRIENDS OF MUFULIRA RF.PORT OF THE TRUSTEES for tbe 'ear ended 31 DECEMBER 2023 The trusiees preseiit their rtport ivith the finan¢ial staleineiils of the charity for the year ended 31 D¢eeniber 2023. The [n￿le¢S have adopted tjie provisions of Accowiting and Reporting by Cl)arilie5.' Statsment of Recommended Practice applicable to chaL'iti¢s pi¢pating their accounts in accordanc¢ w'ith the Financial R¢portin8 Standard applicable in tl)¢ UK and Republi¢ of Ireland {FRS 102) (effective 15a#uary 2019). 0￿ECTIVEs AND ACTIVITIES ObjectÉvc$ and aims Declinin% Conditions in Zgmbi# hlghlight importance of 'Frlends of Mufulira, {FOM) Cliarity to th¢ wmmunity Funding of UK medi¢s' bursaries for their overseas el¢¢tiv¢ ren)ains the Con work of this charit),. It 15 m)dc possible through the Ion8 relaiiotjship our organizatjoll ha5 with The Ronald Ross GenBial Hospital it) Mufiilira,. the state hospital whcrc one of ￿u$l¢¢$ Dr RobiD Gleek UL)dertook his own elective in 1977 and the town to which ot]ier in]stees have fi¢quently irdvelled. It wa5 as a resllli of Dr Gleek's wi51i to T¢turn to Mufulira at his rettrement from UK General Pracli¢e meinbeTS tsf our charity c&m¢ together SUPPOrted today by members of The Minor Metals Trdde Association with Ih¢iF liith$ to mining cojninunities. 2023-24 was the eighth year of the elective progratt)me'{and yet due to Covid only the sixth year in which electives were Sent). At the start w¢ fi]nded single electives who travelled alone, this then d¢v¢loped iEJto pairs of eleciives who could support ¢ach other. attd in the last three years {intemipted by Covid) we have sU￿orted four electives per year. The total number of electives funded by tILC charity now stands at 18. An eleciive bursary is worth £1500 to cover travel arld sub5lSt¢nce. Further support is given by the through its association with Jntrozambia a sjnall cco-toiirist Company spe£ilic to Mufulita whi¢h run5 a hostel in town a¢ which our student ele¢tives stay at very low rate$. FOM also ensiues that tlectives are met at Ndola Airport and safely transferred to and from Mufulira. Our link-5 with thc community usually means diat electives are giveTL personal welcomes by trusted local people known io us and are shown around, Trustee8 prepaT¢ swdents with a special Handbook written by one of our In]slc¢s wsth n?osi knowl¢dge of the towTJ. Dr tsura TAUu)& and all trI￿tte5 are availabl¢ t(F answer questions before and during the electives slay. The importaDce ofihis ele¢tiv¢ to Students is that without FOM fvndins an ov¢rseas eleetive, and the vakn¢ that pertains from expei'iencllis a diff¢i¢Dt health system, ii'oiild not be po$sible. The altcrnative is simply 3 posting elsewhe[¢ in the UK. In the case of the Zambia elective. we are told by the medics that they learn to b¢ doctors llsll￿ physical diagtjosis techniques becaiisc sophi5(iuted instn]ments are not always available in Zatnbia - a fa¢t they believe which will make thern better dwtors in the fi]tur¢. In this posting S￿dents a150 l¢am about how lo treat dis¢as¢s noi so ¢on￿)0￿ in the UK su¢h as TB. Malaria, Htv AIDS and leam ￿ register in patiellts. Meanwhile the students cxchange kliowledge M'ith local clinicians by sharing UK best pra¢ti¢e with regards to - for example . heart distas¢ and diabetes more prevalent in the UK. Our second lin¢ of work as a charity is to respond (within reason) when we receive specific intelligence alK>Ut matters critical lo the life of the hospits]- $ometimt5 thi5 15 all quipment shortage bul in this year it was Èn irtfrastrucDJre matie¥. Tke.eleoSi¥e&iRQ023.had-¥Vrt9d￿bOU¥the.par]OU14onaitloll OfJheJAbth￿.WarI..￿Fo￿(3skrt should be s¢t Èli the context of diffiwlt conditions in Zambia in general aRd Mufvlira Specifi￿llY which have worsened since the fonnation of our charity. Dtt)iight which reduced wat¢[ Supply has meant thar Ihe &ging K￿31b8 Hydroele¢tri¢ Dam has been U￿ble to generaie sufficient poiyer via stat¢ owned ele¢tricRty con]pally, ZESCO. While Ihere. electives experitn¢¢d ouiages for electricily and water of between 16-20 hours per day. Medics g¢n¢r&lly had to cook food over an open fire and li￿)11￿ at the hosiel was a rarity. Fortunately Ihough ihe Iiospitai itself had a constanl supply of electricity and eltctiVC5 report of the cliiii¢al skills of local do￿Or$, nurses, and SLUBeons working uiider such CODdiiions were full of admiraiion. Page I FRIENDS OF MUFULtRA RKPORT OF THE TRUSTEES f r tbe ear ended 31 DECEMBER2023 With an intake of funds allDualty from donors and support¢rs drawn from th¢ meta15 cornmunity. the charity Temaitis ill good health for th¢ taTgcted work ini¢nd¢d- nanKly the continu￿10￿ of the ¢kctive progrrn & selective a5SAStattce with sp￿]fiC equipmeni or 1nfrwts￿Ct￿. FU￿dS in hand at the time of this report are £14,0(M). 16.10.2024 Anthony Lipmann Trustre {For and on behalf of Friends of Mufidira) STRucfuRE. GOVKRNANCE AND MAf4AGEMENT GoverniDg dotumeDt The Charity consti￿¢¢$ a ¢h8ritsble Èncorporated organisation (CIO) #lld w￿l¢gi%￿red on 4 December 2017. R¢¢rnitment appoI￿1￿)¢￿t of new Iru5tees Trustees are appoint¢d by a majority vot¢ amongst th¢ other trustees. Re￿ilt￿ of a potential tEUStcc is decided by CUrr￿tt FOM tru8tees. REFERENCE AND ADMIf41STRATIVE DETAIIS Regtstered Cbgrlty number 1176062 PrI￿¢1p•] 8ddresJ Clo m￿rA Medway Bridge House 1-8 Fairn￿doW Maidstone Kent MB14 IJP Truste A.A. Lipmann Tnstee G Darby Tn]stee (resigned 3.5.2023) L TffilliTLg Trustee R N H Gleek TTUStr¢ S A Tnth {re8ign¢d 3.5.2023) S Hau Trnste¢ F K¢rwiTh (appointed 22.62023) J Huknan {appointed 22.6.2023) Independettt Examin¢r C B Heslop And Company Limited l Higb Street That¢ham Betkg RG19 3JG Approved by order of the btbard of trt￿es on...12.....Q.￿K.￿*K...11kn And siwd on its bebalf by: S Hall- TNst¢e Page 2 INDEPEND AMINER'S REPORT TO THE TRUSTEES OF FIUEND OF MUFULIRA Indepetsdellt examiner's re￿rt to the tru5tee5 of FIUENDS OF MUFULIRA I r¢wrt to the charity trnstees on my examination of the a¢¢oullts of FIUENDS OF MUFULIRA (the Tntst) for the yeor ended 31 De¢¢mber 2023. Re5pon$lbllltlu and basts of report As the charty trwt¢es Of th¢ Tn￿t you are respoDsibl¢ for the pr¢paTaiioJh of the ac¢ounts accordan￿ with the Tequirements of th¢ Ch8rities Act 2011 fthe Ace). I report in respect of my exatnintition of the Trust's 2c¢owits carried out und¢r Section 145 of the Act and ￿ urrying oul y examinalioll I have followed ait applicable DirectÉons given by the Charity Commission under Section 145(5Xb) of ¢he Aet. IDdepeDdent u4miner's statement I have cojnpleted Tny examination. l ￿nrIMi that no materid matter5 have come to My attention ITh conn￿￿0￿ with the examit￿tiOn giving m¢ caus¢ b¢lt¢v¢ that in any mat¢rial respect.. &C¢O￿tIng re¢ord$ were not kept itLrespect of th¢ Twst as Tequired by S¢£tion 130 of the Act" or the aecounts do not ac¢ord with thos¢ r¢¢ords' or tbe accounts do not Comply with the applicable requirements Gon¢¢miThgthe forn and content of ￿coUnts set out in th Cbarities {A¢¢owits ond Reports) Regulations 2008 other than any requirem¢nt that th¢ ae¢outts give a and fair Yiew whicb 15 not a matter considered as part of aA tndependent examination. I have no Concerns and have ￿me acrosi no other matters in eowie¢tton with the examin#tiort to which attention should be thaw) in this report in order to enable a prow understanding of the accountsto be reached. St¢phen J Coke CA C B Heslop And ompany Limit¢d charter￿ Aw)untatLts l High Street Thattham Berk5 RG19 3JG Page 3 FRIENDS OF MUFULIRA OF FINANCIAL ACTIV171ES 31.12.23 Unrestricted 31.12.22 Total Notes INCOME AND ENDOWMENTS FROM Donations and kga¢i¢s IlJ79 8.650 Charltsbie actlvltles General 9,683 328 NET INCOME 1.696 8,322 RECONCILIATION OF FUNDS Total fithds brought foThvard 23,813 15.491 TOTAL Fufffls CARRIED FORWARD 25,509 23,813 Th¢ ntst¢s f4)rnl of these financial Slat￿ents PAge 4 FRIENDS OF MUFULIRA BALAN E SHEET IDE EMBER 2023 31.12.23 Unr¢Stri￿ed 31.12.22 Totil Notes CURRENT ￿ETs Cash at bank 26,149 24,453 CRED￿oRs Amounts falling due within one year {640) (640) NET CURRETrIT ASSETS 25,509 23.813 TOTAL A￿ETs LESS CURREIYT LIABILITIES 25.509 23.813 NET ASSETS 25,509 23.813 Unrdtrided 23,509 23,813 TOTAL FUNDS 25,509 23,813 The financial statements were 4pproved by th¢ Board Of Th￿te¢S and authorised for issue ..*...Qaxk￿....W..... and were $i￿d on its behalfby. S Ha]1 - Truste¢ The notes fomi part of Éhese financial 3ts1m¢nts Pag¢ 5 FRIEIYDS OF MUFULIRA NOTES TO THE FINANCIAL STATEMENTS for the ar ended 31 DECEMBER 20 ACCOUNTING POLICJES Bg5is of preparlllg the fln•Dci81 st8temettts The fJnarLcial stateD]eTkts of th¢ ¢harity, which is a public b¢n¢fit ¢trtity under FRS 102, hav¢ Ixen Ery¥xed in accordoD¢¢ with the Charsties SOR￿ (FRS 102) 'Accounting and Reportin8 by Charities: Ststement of Recommended Pra¢tAce appli¢able to charities preparing their ac¢ts￿ts in accorth¢e with the Financial Reporting Statthrd applicable in the UK and Republi¢ ot Irel8nd (FRS 102) (effective l January 2019),, Financial Reportitig Stamdard 102 The Fynancial Reporting st￿dard applicable in the UK and Republic of Ireland, ènd the Cbarities Art 2011. The fmancial ststernents hav¢ beell prepared under the btstorical cos1 tottvention. All intome is re¢ognis¢d in the Stat¢ment of Financial A¢tivilie$ o]Jce the charity has ¢ntitlell*nt to the )Imds. il is probable that th¢ illcon￿ will be re¢¢iv¢d and the amount catl be measwed re]iably. Expettdlture Liabilitie5 are recognised as expenditure as soon as there is a legal or CODStrvctive obligation committing the Cbarity to that expeDditure, it ts probable that a transfer of ¢conomic benefrts will be wuired ￿ 5tttle]ll¢nt and the amount ofthe obligatson can be measured reliably. Expendiftue is ac¢owi¢¢d for on au aCcnJ￿S basi$ bas been classified under headings that awegaie all cost rela￿1 to th¢ e*egory. Ivhere ¢osL8 cannoi be directty attributed to particular heathngs they have been allocated to ￿tiviti¢$ on a b￿1& consist￿( with th¢ use of resouKes. Grants off¢red subject to c<>nditions which hav¢ t￿t been tDet at the ￿ar end date ￿¢ noted as a ¢ommittllent t￿1 not a¢¢ru¢d as expenditure. TAXatio The charity is exempt from tsx on its charitable a¢tivities. Funo 4CCOMntlDg UnTe5tri¢t¢d fi￿a$ Can b¢ w¢d itl acconjance with ¢h¢ ¢lwitabl¢ obj¢¢liv&s at thE disGretioD of the bwttts. Re5trithd funds can only b¢ used for particular restricted purposes wtthin the objects of the cjwity. Re5tr]eÈio￿S ise when specified by the donor or when ffimds are rnised for p8rticu13r restricted purposas. Fwth¢r ¢xplan￿]0￿ of the nabre and purp05¢ of eaeh fimd is ineluded in the notes to the f￿￿la1 statements. TRUSTEFS, REMuf4ERATION AMI BENEFITS Ther¢ were no tsvstees, remurJernti¢)D or other ￿ll¢fits for the year ended 31 Dttember 2023 nor for the year ended 31 Lk¢¢mber 2022. There were t)0 Inthes, exp￿$¢5 paid for the year ended 31 December 2Q23 nor fw the year ended 31 Df£eMb¢r2￿22. Page 6 continued.. FRIENDS OF MUFULUiA NOTES TO THE for tbe ANCIAL ATEMENTS- continued ear ended 31 DECEMBER 2023 COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACIJVITIES INCOME AND ENDOWMEf4TS FROM Dottations and l¢wi¢s 8,650 EXPENDJTURE ON Charitable aetlvltks Gelleral 328 NET INCOME ,322 RECONCILIATION OF FUNDS Total funds brought forward 15.491 TOTAL FUNDS CARRIED FORWARD 23.813 CREDITORS: AMOiTrffS FALLINC DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade Creditors Oth¢r crcditor8 320 320 320 320 640 640 MOVEMKNT IN FUNDS Net moY¢m¢Ttt ID fi￿d$ Ai 31.12.23 Al 1.1.23 Ubre4¢ricted funds General fijnd 23,813 1,696 25.509 TOTAL FUNDS 23.813 1,696 25.509 Net movetnent ID funds. inch￿ed in the abov¢ are as follows.. resources expended in ffijttds Unrestricted fundg General fimd 11,379 (9.683) 1,696 TOTAL FUNDS 11.379 (9,683) 1.696 Page 7 conlinued... FRIENDS OF MUFULIR E FINANCIAL STATEMENTS- eontinued for the r ended 31 DECEMBER 20 MOVEMENT IN FUNDS- Continued Comp3rativeg for moventeDt futtds Net movement in fimds At 1.1.22 31.12.22 Unrestricted fund$ General fimd 15,491 8J22 23.813 TOTAL FUNDS 15,491 8,322 23,813 Comp3Trtive netmovement in fimds, included in the above 85 follows.. IDcomiDg sovrc¢s Resour ex￿nded MDvetnent in fjjthds Unre5trieted funds GenerAI fund 8,650 (328) 8,322 TOTAL FUNDS 8,650 (328) 8.322 A ¢unEnt y¢or 12 months and prior year 12 months o)mbined positionis As follows: Net movement At 31.12.23 Atl.1.22 Unr¢strict¢il funds Genernl fi]nd 15,491 10,018 25.509 TOTAL FUNDS 15.491 10,018 25.509 A ¢urrenl year 12 months and prior year 12 montlk5 combined nct movcmcnt in fimd5, included iij the above are as follows: Inwming restsurccs Resources expended Movttnent in fjmds General fund 20,029 (10,01 i) 10,018 TOTAL FUNDS 20,029 (10.01 i) 10.018 Page 8 ntinued... RIENDS O MUFULIRA TO THE FIN NIS- contin BE CONllNGENT LIABILITIES Th¢re w¢r¢ no ¢ontin8eDt liabilities as * balance sheet date. RELATED PARTY DISCLOSURES Ther¢ wer¢ no related p8rtytransactions for th¢ y¢8T ¢nthd 31 D￿erntser2023. Poge 9 OF DETAILED STATEMENT OF FINANCIALACTIVITIES R 20LI 31.12.23 31.12.22 INCOME AND ENDOWMENTS DoDationJ aNd l¢¢•des Donations 11.379 8,650 Total incomiDg resourees 11.379 8,650 EXPENDITURE Cbgritsbk activities Training Bl¢¢tiv¢s Grants to itLStitirtions .072 5.622 2.646 9,340 Support tosts Governan¢¢ ¢0sts Accountoncy and legal fees 343 328 Totsl resour¢u expended 9.683 328 Net in¢tsmt 1,696 8.322 This page does not fom) part of th¢ statutory fman¢ial statements Page 10