CHARrrf REGISTrATION NUMBER 11T1645 MYMALAWI FINANCIAL STATEMENTS 31 AUGUST 2025 PE MYMALAWI FINANCIAL STATEMENTS PERIOD TO 31 AUGUST 2025 CONTENTS PAGE Trustees Annual Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes MYMALAWI TRUSTEES ANNUAL REPORT PERIOD TO 31 AUGUST 2025 The Tnjstees have pleasure in presenb'ng their report and the unaudited financial statements of the Charity for the period lo 31 AUGUST 202S. REFERENCE AND ADMINISTRATIVE DETAILS Re918tered charlty name MYMAL4VII CHARITY REGISTRATION numbftr 1177645 Reg181ered offl¢0: 18 STOUGHTON DRIVE NORTH. LEICESTER, LE5 SUB THE Trustses The Trustees seryed ts charity during the period were as follch•ts. SALIM HAROON ALIMOHAMED ANAS ISMAIL KASAK SHAKEEL OSMAN SABINA SALIM ALIMOHAMEO Indopendonl Examlnern Fush?n Accounting Ltd 111 Fthr. 79 Dorothy RcAd, Letsster, LE5 SDS STRUCTURE. GOVERNANCE AND MANAGEMENT MYMALAW is a charitab￿ Incorporated Organisalion ICIOI gwmed by consb'tulion and registered ¥￿th the Charity C(Jnmission on the 21st of Marth 2018. OBJECTIVES AND ACTMTIES The objectives of tha LYganisatiM. as set out in its goveming do¢uff￿nI are.. {il To relieve finanrjal hardship, distress and suffering among FM)or people, victims of natural and man-made disasters and other people in ne&J by means of, bul not exclusively, making grants or loans for providing or paying for ilems, equipment, services and facilibes, including thè provisKJn of food. clean Wdler, clothing. vAter irrigation systems and livelihoc*J prcgrammes for the benefit of the saKI petsons; lil) To advance education for the benefit of the [￿r, the illiterate and the general public by means of, but not exclusively, the provision or assistance in the provision of educational resources, equipment. acb"vilies and facilities. such as schools, librar*s, training centres and scholarships.. liiil To relieve s￿knesS and to preseNe go(NJ heallh affthg persons in need. by means of, bul not exclusively, the provision or assistan￿ in the provision of facilrties such as testing and treatment centres and clinTh for the be￿1 of the saKI pers￿5.. livl To &Jvance Ihe religi￿ of IsL4m. by means of, but not exclusivety, provision or assistance in the provision of facilit￿ for Islam￿ educats'on in accordan￿ with the teachings of the Quran and Sunnah of the Prophet Muhammaj (peace blessings te upon him). MYMALAWI TRUSTEES ANNUAL REPORT Icon¢rnue PERIOD TO 31 AUGUST 2025 ACHIEVEME1￿s AND PERFORMANCE During the year, the tharity contr'nued to deliver a WKle range of projects desKJned to address both immediate needs and long-term challenges faced by disadvantag￿ communities. Working olosely with local leaders, schcN)Is, healthcare facilitses, volunteers, and community organisab"ons, Mymalawi provided practical assistan￿ to thousands of beneficiaries mults.ple districts. The chanty's ￿tIvItieS fws&J on improving access to foc*J. clean water, safe housing. healthcare. education, disability supp)rt, and Welfa￿ assFslance. S¢)me of the positive impact Includes over 7.000 poor childrers fed daily.. 23 clean vrdter ￿EllS built.. over 65 homes constTucled for the poor. over 350 dows SUPFQrted and over 160 orphans assLSted with VEff3￿ SUP[￿. Through the generosity of donors and supporteis. MyMaL2w" was at4e to expand lis and kyowde meaningfvl support to some of the most vulnerable wemteffs of society. PUBLIC BENEFIT STATEMEKr The trustees have conSide￿d the ge￿ra1 gUKlan￿ on public ber5efit issued by the Charity Commission and has taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do benefit the public 35 it is meeting an identifiabie need among needy. The trustees have benefftted many needy indivKluab and fafflilEs and has them to allewate their financial needs in limes of desperation. GRANT MAKING POLICY The charity gives grants lo the FD)r. Pc4x families a￿ eligible for grants itthey are able trj provide confirmation of wverty or hardship. is based on their a￿a of residence, slate of accommodation (rf any), employm￿1 or inc(yne leveLs and number of dependents. FINANCIAL REVIEW MYMALAWI secured fvnds from publ￿ donors and grant maker5 for their activities totalling £211.548 12024.- £197,422) during the year. This level of income was mainly due to the profile increasing of the charity and more donors recc*JnisiThJ our grassrcots projects working directly with the needy persons in Malawi. We are grateful for their kind supp)rt. The donats'ons V￿re a combination of Zakaat, Sadaqatt, Lillah. and Fidya morw. During the year, the charity had a total expendrture of £175,601 {2024'. £213.290). Of this, £152,208 were grants for charitsble actsvities. This generated a surplus of £35,947 ￿lch was added to ￿'Or year S￿￿[uSe$. The charity had unreslricled reserves of £40.652 al the end of the year, of wh￿h the chanty intends to retain £2,000 for administration costs. The charity maintains a 100°h donabon Folicy for all rThi-Lillah ￿J￿IS atKI only uses Lillah funds or gift aid funds to cover administrath)n costs. PLANS FOR FUTURE PERIODS Future plans are to continue to run wverty Telief proFcts in MaLawi and other parts of the wodd as and when the need arises. MYMALAWI TRUSTEES ANNUAL REPORT (conttnw PERIOD TO 31 AUGUST 2025 RESPONSIBILITIES OF THE TRUSTEES The charity's trustees are responsible for preparing the Trustees Annual Report arKI the financial statements in a￿rdance wth applicable Lqw and Unrted Kingdom Attounb'ng Standards (United Kingdom Generally Acxeptsd AcC￿ntiThJ PrxtKe). The law applicable to charities in England ar¥J Vlales requires the trustees to prepare financial statements for financsal year which give a true and frdir view of the stste of affairn of the charity and of the 1r￿0M1n9 resources and application of resources of the chanty for that period. In preparing these financial statements, the trustees a￿ required to.. select suitable accounliry wlicies and then appty them consistentty.. obseNe the methods and prirtiples in ihe Chaniies SORP.. make judgements and estimates that afe feasonable and prudent., stste %thelher appluble accounb.ng standards have been follo%%td. subject lo any malenal departures disclosed and expkined in the financhql statements,. prepare Ihe finarcrdl Statew￿nts on the wng corwi basi8 unless il is inappropriate to presume that the Chanty wll conts'nue in operation. The trustees are responsible for keeping proper xcounling recor(ts that discbse wth reasonable accuracy al any bme the financ￿1 poSrtJ'c￿ ol the charty and enabk them to ensure that the fsnancial Statements comply the Charthes kl 1993 and the Charity (Accounts and Reports} Regulatsons 2008. The trustees are atso responsible for safeguarding the assets ofthe charity and hence for taking reasonable steps for the prevenb.on and detection ol fraud and other irregularibes. APPROVAL The reF(Jrt was approv&J by the Twstees on 30106r2028 And s•Jned on their behaw by Mr Shakeel Osman Trustee MYMALAWI INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF I reFQrt to the charity trustees on my eyaminat*)n of the &(x)unts of the Charrty for the year ended 311t August 2025. R08ponslbllftiM and basis of report The chanty's trustees are re5F￿￿Sth for the FweFeratTh of tr* a￿ts. The charity's trustees consider that an audit is not required for this year under sect*￿ 144 of the Charibes Ad 2011 {Ihe Charitses Act.) and that an iTrYeFendent eX￿Inal￿ is wfficwt for external scruliny. It is my responsibilty to.. examine the under *h)n 145 of Charities ACL to follow the procedures laid ¢knYn in the general thrections gfvtn ty the Charity Commission (under section 145151{bl of the Charibes Act, and to stste whethef pattcular matters have to my attenb'on 8asl• of Indewndent examinees statement My examinatM)n camed out in accordan￿ general Direct￿nS given by the Chanty CommissK)n. An examinathjn ind￿JeS a revi84V of the xcounting record5 kept by the chanty and a Comparis￿ oftt)e ￿nts presented records. It also includes considerab'on of any unusual items or disckjsures in the x(wnts, and se￿.￿j eXp1ar￿￿on$ from the trustees conceming any such matters. The w￿duleS undertaken do not prow.de all the evKJence that would be required in an a￿jrt. and ¢￿Sequen11Y no ownk)n B 9￿￿ as to the accounts present a 'true and fairf view ￿ the rerN)rt is liry¥ted to ttb)se matters sel wl in trbe statement bek)w. Independent examinefs slat¢m In conneth.on with my examlwti￿. M material hm a)rr* to my attentmin gives cause to belEve that in. any m*rial resr*rt the ￿Unting records r#X kept in wKdarKt wilh SecaK￿ 130 of the Chariti'es A¢ or the accounts not accord vthh the xcwnbng records.. ( the accounts did not comply with the appl￿bbe requIrer￿ts u)rwning the fo￿ content of arxounts set oul in the Charities (Accounts and RepJtsl Regukitions 2008 other than any requirement Ihal the accounts gNe a'true aTrJ fairf whK* is not a matter considered as part of an independenl ex￿inatiOn. I have come acrcw no other matters in connection with the examination to alenlK)n $￿uld be drawn Èn this re￿rt in order to enable a proper ur•Jerslanding of the axounts to be reached. Msuleman Muhammay Sulen*n Principal kn(￿ntant Fusion ACC?￿n￿'r￿j Ltd 1# Fbor, 79 Dorothy Road. Le￿eSter. LE5 50S 3￿c￿r2026 MYMALAWI STATEMENT OF FINANCIAL ACTIVITIES ISOFA) PERIOD TO 31 AUGUST 2025 Totsl Funds Period to 31 Aug 25 Unrestricted Restricted Funds Funds Total 31 Aug24 INCOME from donations and legacies 2 211,548 211,548 197.422 charilable actiV￿e$ other trading activty Investrnent incorr Other income Tolal 211,548 211,548 197,422 EXPENDMJRE on raising funds charitsble activtties 3 174,851 174,851 212,540 other expenditure 4 750 750 750 Total 175,601 175,601 213,290 Net Income befo￿ Tax Tax payable Net income after Tax Net gainsllosses on assets 35.947 35,947 (15,868) 35y7 35.947 (15,868) NET SURPLUSI {DEFEcrr} 35y7 35.947 (15.868J Transfers beib*en fvnds Net mvement in funds Reconciliation of funds Total funds brought forKard 4,705 4,705 20,573 Total funds carried forward 40,652 40,652 4,705 MYMALAWI BALANCE SHEET PERIOD TO 31 AUGUST 2025 Total Funds Period lo Total 31 Aug 25 31 Aug 24 Unrestricted Restrlcted Funds Funds CURRENT ASSETS Cash in har¥J and bank 47,762 47.762 11,065 Totsl 47,762 47,762 11,065 LIABILITIES Creditors falling due within 6 one year 7.110 Nel current assets Total assets less cuThenl liabilitEs 40.652 4.705 Totsl Net Ass•ts 40,652 4,705 The funds of the charfty unrestrict￿ funds Restr￿ed fvnds 40,6S2 ..4.705 Totsl 40,6S2 4,705 These accounts V￿re approv￿ by the Tnjslees on 301C6f2026 and are Slqned on their tehalf by.. Mr. Shak Trustee sman CHARITY REGISTRATION Nu￿thr. 1177645 MYMALAWI NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 AUGUST 2025 1. ACCOUNTING POLICIES a) Basis of accounting The ￿lUnts have teen prepared in ￿ordan￿ Y￿th the Statement of Recommended practi￿.. A¢counting and ReF(srting by Charib'es prepanng their accounts in awrdance wth the Financkql Rep)rting Standard applicable in the UK and Republic ol Ireland {FRS 1021 iSSLEd cn 16 July 2014 and with the Finanaal Reporb'ng Standard applicable in the United Kingdom and Republic of I￿land (FRS 102) and vith the Charities Act 2011. The aC￿)Unting p)IKies are releTht to the soe and nature ofthe ¢harity's income for the The charity consbtules a publr benefrt entity as defined by FRS 102. b) Fund accounting Unrestricted fvnds are general fijnds that are availab￿ for use al the trustees, discretion in furtherance of any ofthe obPthves of the chanty. Restricted fvnds are those ¢kn￿ted for use in a particular a￿a or for specific purposes, the use 01￿1ch is reslricled to that area or wrpose and the restn.thn means that the fvnds can onty té used for specffj￿ projects or Xbwties. cl Incoming resources Voluntary income. including donations, grfls and legacip5 and grants that provide core fvnding or are of a general nature. are recognised where there is entiuement, ortainty of receipt and the amount can be measured wth SLrfficienl reliability. Income from charitable activthes i￿lL￿$ income re¢cgnised as eamed las the related gocds or services are PfOVKled) under contract or ￿ere ￿ti￿ement to grant funding is subpct to specific perfO￿narKe ¢>Mdits"ons. Grant incon* included in Ihis categ)ry provides funding to suppjrt prc*Jfamme acliwtses and is rectsJnised where there is entsuement. certainty of receipt aTrJ the amount can te measured with sufficient reliability. d) Resources expended Expendittbre is recoJnised ￿en a liability is incu￿ed. Funding provided through contractual agreements and perfO￿n￿￿ related grants are re￿nised as wds or seNice5 are supplied. Other grant payments are feo>Jnisa Wh￿ a o)nstructsve obligab'on anses that results in the FoyirÉnt being an unaNrJM1th Gommrtment. Costs of raising fvThJs are ttN)se c(6ts In￿Thed in attracting ¥Dluntary income. ar•J those incurred in trading &tsvibes that raise fuTrts. MYMALAWI NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 AUGUST 2025 2. DONATION & LEGACIES- BY FUND TYPE Unrestrlcted Restrfcted Total Funds Funds Funds 2025 Total 2024 Donations Gift aid 206,975 4,573 206,975 4.573 197,422 Tolal 211,548 211,548 416,616 3. EXPENDITURE- Charltabl• Acllvlll Grants making is primanly undertaken by the charity fiekl representafve or partner charitses in areas of benefit. The anatysis below Is broken dovm in countries of operation. Unvg8trl¢tsd Restrlcted Tolal Funds Funds Funds 2025 Total 2024 Grants- Malaw 152.208 152,208 204,200 Travel & Freight Costs 22,430 Bank Charges 213 22A30 213 8,100 240 TOTAL 174,851 174,851 212,540 4. EXPENDITURE- Other Expenditurn Unre8trlcted Rèstrlcted Total Funds Funds Funds 2025 Total 2024 Governance G￿ts Accountancy Fees 750 750 750 TOTAL 750 750 750 MYMALAWI NOTES TO THE FINANCIAL STATEMENTS (continued} PERIOD TO 31 AUGUST 2025 5. Staff Disclosu￿5 No staff costs inCUr￿d durirvJ the wKxl. Total number of staff eMptr)y￿ during the peric¥J is O. 6. LiABILmES: Amounts falllng due *lthln one year Trade credltors Accountancy & Examinab"on Fees for2021 750 Aco)unlancy & Examinab"on Fees for 2022 750 Accountancy & Examinab'on Fees for 2023 1.110 Acctiuntancy & Examinab"on Fees for 2024 750 A¢o)unfancy & Examinab'on Fee5 for 2025 750 LO￿ given by S Aimoham&l 3.000 TOTAL 7.110 7. CONNECTED PARTY TRANSACTIONS There there no payments made to any trustee or connected petson during the period for any remuneration or services. A loan of £3.OCM) was due to trustee S Alimahomed at the end of the Feriod.