## Management Report 

Malawi Student Foundation For the period ended 31 December 2023 

Prepared on 

31 October 2024 

Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 



## Table of Contents 

Objectives and Activities ...................................................................................................................................................................................... 3 Achievements and Performance ...................................................................................................................................................................... 3 Financial Review ...................................................................................................................................................................................................... 3 Structure, Governance and Management..................................................................................................................................................... 3 Reference and Administrative Details ........................................................................................................................................................... 4 Declaration ................................................................................................................................................................................................................. 5 

Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 

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For the Period Ended 31 December 2023 


## Objectives and Activities 

Malawi Student Foundation was established to provide scholarships and grants to students at universities in Malawi. These are students who are either in danger of dropping out of university because of financial difficulties or are unable to attend university in the first place, though selected, because of poverty. The Foundation also provides limited assistance to other students at high school level. 

We confirm that the trustees have had regard to the guidance issued by the Charity Commission on public benefit. The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Foundation’s aims and objectives and in planning future activities and setting scholarship policy for the period. 

## Achievements and Performance 

We are pleased that during the reporting period to 31 December 2023, Malawi Student Foundation provided a scholarship to 1 student at Mzuzu University, the rest of our students in the current cohort have completed their studies. 

The total of successful university students on our programme is eight. None of our students dropped out of college during this period. The Foundation is satisfying its objectives, although more effort is required to support students achieve their potential. 

## Financial Review 

The Foundation’s work is entirely reliant on donations. For this reporting period the Foundation did not raise donations but plans to do so for the next financial year. In order to maintain and continue all of our project activities at a good level, the Foundation needs to raise at least £500 annually (new level). 

We are confident that the organisation will carry out its full functions during the next reporting period. 

It is the policy of the Foundation that unrestricted funds be maintained, wherever possible, at a level of at least £500. The Trustees consider that reserves at this level will ensure that the Foundation key basic activities while consideration is given to ways in which additional funds may be raised. At the year end the Foundation held unrestricted funds of £607. 

In 2023 we will continue seeking to secure further funding from private donations, so that the Foundation can continue to provide a respectable number of scholarships in Malawi and therefore maintain its key project activities. 

## Structure, Governance and Management 

Malawi Student Foundation is a registered Charitable Incorporated Organisation (CIO), charity number 1179232, and is governed by a Constitution dated 26[th] March 2018. 

Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 

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For the Period Ended 31 December 2023 


Every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. All trustees were re-appointed in 2024. 

All trustees give of their time freely and no trustee remuneration was paid in the reporting period. Trustees are required to disclose all relevant interests and withdraw from decisions where a conflict of interest arises. Trustee, Dr Manila Wisten, is responsible for the day to day operations of the Charity. 

## Reference and Administrative Details 

Charity name: Malawi Student Foundation Other name the charity uses: N/A Registered charity number: 1179232 Country of Registration: England & Wales Charity’s principal address: 24 Manshaw Road, Manchester, M11 1HS Trustees: Angela Wisten (Chair) Yakosa Wisten Manila Wisten Email: manila.wisten@gmail.com 

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Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 



For the Period Ended 31 December 2023 


## Declaration 

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees: 

Full name: Angela Wisten Position: Trustee (Chair) Date: 31 October 2024 Signature: 


………………………………………… 

Full name: Dr Manila Wisten Position: Trustee Date: 31 October 2024 Signature: 


………………………………………. 

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Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 



For the Period Ended 31 December 2023 


||**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**Charity Name**|**No (if any)**|**No (if any)**||**CC16a**|
|---|---|---|---|---|---|---|---|---|---|
||**Malawi Student Foundation**|||||**1179232**||||
||**Receipts andpayments accounts**|||||||||
||**For the period**<br>**from**||Period start date||**To**||Period end date|||
||||01/01/2023||||31/12/2023|||
|||||||||||
|**Section A Receipts and payments**||||||||||
||**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Endowment**<br>**funds**||**Total funds**||**Last year**|
||**to the nearest**<br>**£**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|
|**A1 Receipts**||||||||||
||**-**||**-**||**-**||**-**||**-**|
|Donations2023|**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**A2 Asset and investment sales,**<br>**(see table).**||||||||||
||**-**||**-**||**-**||**-**|||
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_**|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**_Total receipts_ **|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**A3 Payments**||||||||||
||**-**||**-**||**-**||**-**||**-**|
|Tuition fees|**250**||**-**||**-**||**250**||**-**|
|Mussa Frezer|**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
||**-**||**-**||**-**||**-**||**-**|
|**_Sub total_ **|**250**||**-**||**-**||**250**||**-**|
|||||||||||
|**A4 Asset and investment**<br>**purchases, (see table)**||||||||||
||**-**||**-**||**-**||**-**|||
||**-**||**-**||**-**||**-**|||
|**_Sub total_ **|**-**||**-**||**-**||**-**||**-**|
|||||||||||
|**_Totalpayments_**|**250**||**-**||**-**||**250**||**-**|
|||||||||||
|**_Net of receipts/(payments)_**|**-                   250**||**-**||**-**||**-                   250**||**-**|
|**A5 Transfers between funds**|**-**||**-**||**-**||**-**||**-**|
|**A6 Cash funds lastyear end**|**-**||**-**||**-**||**-**||**-**|
|**_Cash funds thisyear end_**|**-                   250**||**-**||**-**||**-                   250**||**-**|
|||||||||||



Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 

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For the Period Ended 31 December 2023 


## **Section B Statement of assets and liabilities at the end of the period** 

|**Categories**|**Details**|**Details**|**Details**||**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Endowment**<br>**funds**|
|---|---|---|---|---|---|---|---|---|---|
||||||**to nearest £**||**to nearest £**||**to nearest £**|
|**B1 Cash funds**|||||**607**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||**_Total cash funds_**||||**607**||**-**||**-**|
||(agree balances with receipts and payments<br>account(s))||||Agreement Error||||OK|
||||||**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Endowment**<br>**funds**|
||**Details**||||**to nearest £**||**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**<br>**asset belongs**||**Cost (optional)**||**Current value**<br>**(optional)**|
|**B3 Investment assets**|||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**<br>**asset belongs**||**Cost (optional)**||**Current value**<br>**(optional)**|
|**B4 Assets retained for the**<br>**charity’s own use**|||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**<br>**liability relates**||**Amount due**<br>**(optional)**||**When due**<br>**(optional)**|
|**B5 Liabilities**|||||||**-**|||
||||||||**-**|||
||||||||**-**|||
||||||||**-**|||
||||||||**-**|||
|||||||||||
|Signed by one or two trustees on<br>behalf of all the trustees|Signature||||Print Name||||Date of<br>approval|
||||||Dr Manila Wisten||||31/10/2024|
|||||||||||



Malawi Student Foundation, 24 Manshaw Road, Manchester, M11 1HS. Registered in England and Wales as Charity No 1179232 

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For the Period Ended 31 December 2023
Malawi Student Foundation. 24 Manshaw Road. Manchester. Ml I IHS.
Registered in England and Wales as Charity No 1179232
818