CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the perlod From 0111012023 Perlod end date Perlod start date To 3010912024 Charlty name:Malawl Schools Trust Charlty registratlon number:1182866 Objectives and Activlties SORP r Summary of the purposes of the charity as set out In its goveming document 1.17 The advancement of education in Malawi by supporting the work of secondary schools through the provision of equipment, infrastructure and materials and making rants. Our main activities include fund raising activities in the UK and distributing these funds lo our activities in Malawi. All these projects are for the Public benefit in Malawi. In the UK, our fund-raising adivities include ralsing money through family irusls and foundations, publ,'if events and personal donations. Some of the fund-raising activities are led by young people in the Famham a￿a. As such these activities are ft)r the public benefit by educating. emp0V￿ring and building global citlzenshlp amon st oun le in the UK. The Trust88s. in making decisions about the Charities worf( have had due regard to the commlssion's public benefit guidance when exercising their powers and duties to which the guidancè is rèlevant. Summary of th8 main activities in relation lo those purposes for the public benefil. In particular, the a¢tivlties, projects or services identified in the 8¢counts. p￿1.17￿d 1.19 Statement confirming whelh8r the trustees have had regard to the guidan issued by the Charity Commission on public benefit Por• 1.18 Addltlonal Inforniatlon loptlonal) You ma choose to include further statements where relevant about.. SORP refenMIx Policy on grant making Parn 1.38 Policy on social investment induding program related investment P¥a 1.38 Contribution made by volunteers P¥a 1.38 Other Achlovements and Perfomiance SORP rofw•nc• The charity secured levels of long8tmi fvndlng that enabled it to decide to take on an empkjyee in Malawi with exp8rience in both lh8 Church and management of schools. As a result of bot the extra fijnding and a represenlative on the ground the works of the ¢harity have been expanded to cover Ihree s¢h¢)ols. The second learning from the progress at the first. As the year ended we also were able to secure more bicycles lo improve the mobility of sludents, especially girls, and enable them to attend school on time. Summary of the main achievements of the chaiity, identifying the difference the charity's work has made to the circumslances of its beneficiaries and any wider benèfils to society as a whole. P•rn120 Addltlonal Infomiatlon (optlonall You ma choose to include further statements where relevant about.. Achievements against objecliv8S S8t P8rA 1.41 Perfomiance of fundraising adivi118s against objectives set Parj 1.41 Investment performance against objectives 1.41 Other Financial Revlew Review of the charity's financial position at the end of the p&nod 1.21 The charity finished the year with £32,250 fvnds in the bank reflecting the funding received in the last month of th8 y88r. Plans have already been made for using these funds in the three schools. Fund8 arè kèpt to cover the next three months of monthly ouigoings of salary 2nd expenses. This is to ensure that we are able to maintain a fflanagement position for period of time even if we have no funds to end on actual ro ects. Three months of salary and expenses amounts lo about £4000. We held significantly abov8 the r85erves level at the year end as the gr8nt from Generations had onl ust béen received. No funds in deficit. stst8m8nt explaining tho pollcy for holding reserves stating why they are held Parn 1.22 Amount of reserves held Parn122 Reasons for holding z8ro reserves Par• 1.22 Details of fund materially in deficil Explanation ol any uncertainlies about the charity continuing as a going concem P•rn 1.24 P•rn 1.23 Addltlonal Infomiatlon loptlonal) You ma choose lo Indude fijrther ststements where relevant about: The charity's principal sources of funds lindudlng any fvndraising) Pw• 1.47 Investment policy and objectives including any social investment policy adopted P•rn 1.48 A description of the principal risks lacing the charity P•rn 1.46 Other Structure. Governance and Management Description of charity's trusts.. Type of goveming d¢YAJment Para 1.25 Constitutson How is the charity constituted? P8r8 1.25 Charitsble Incorporated Organisation ,3ted Trustee selection methods inGluding details of any conslitutional provisions e.g. elèclion to post or name of any person or body entsded to appoint one or more trustees Pw8 1.25 Appointed by unanimous agreement of the Board Addltlonal Inlorniatlon loptlonal) You ma choose to indude further statements where ￿levant about: We maintain key Policies per CC Guidance Indudlng Safeguarding, Conflict of Interest and Risk Management Policies and procedures adopted for the induction and training of truslees Para 1.51 The charlty's organisational structure and any wider nelmork with which the charlty works P•r• 1.s1 One Trustee, Martin Beer. is also a Trustee of World Bicy1￿ Relief IUKI. We purchase bicycles from Buffalo Bicycles Malawi which is part of the World Bicylce Relief group. He absents himself from d8cisions regarding these rchases. R81ationship wilh any r81ated parties P•ra 1.51 Other Reference and Administrative details Chari name Other n8m8 the chari uses istered chari number Chanty's principal address Malawi Schools Trust 1182866 118 Boundstone Road, Rowledge, Famham, Surrey. GU10 4AU Names of the charlty trustees who mana90 the charlty Tru•t•• nam• Dates acted If not for whol• *•r Offic• (If any) Narne of person lor body) •ntltl•d olnt tru•t•• If a Peter Everett Martin Beer OsGar Mponda P8scal Hunt Chair Treasurer Andrew Fisher 10 12 13 14 15 16 17 18 19 20 orate trustees - names of the directors at the date the re Dlr•ctor n•rn• rtwasa roved Name of truslee3 holding title to propety b81onging to the charity Trust•• n•m• Dat•• •ct•d If not lor who Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects ofthe charity on whose behalf the assets are held and how this f911s within the eu8todian charity's objects Detalls of arrangements for safe cuslody and segregation of such ass8ls from the charity's own assets Addltlonal Infomiatlon (optlonal) Names and addre•se8 of advlsers (Optlonal Infomiatlon) Type of Name Address adviser Name of chlef executlve or names of senlor staff memborn {Optlonal Informatlon) Exemptlons from dlsclosure Reason for non-disclosure of ke ersonnel detslls Other o tlonal informatlon Declarations The trustees declare that they have approved th• tru$lees' report abovo. Slgned on behalf of the charlty's trustees Slgnature(s) Full name(s) Posltlon (•g S•er•tary, Chair, etc) Date c4p*X(a os **Charity Name No (if any) Malawi Schools Trust Receipts and payments accounts For the period** Period start date Period end date **To from** 10/1/2023 9/30/2024 ## **CC16a** ## **Section A Receipts and payments** **Unrestricted Restricted Endowment funds funds funds** **Total funds** ## **Last year** |**Section A Receipts and payments**
**Unrestricted**
**funds**|**Restricted**
**funds**|**Endowment**
**funds**|**Total funds**|**Last year**| |---|---|---|---|---| |**A1 Receipts**
Rotary
**-**
Generations Foundation
**-**
Coles Medlock
**-**
Frensham Heights Fundraising
**5,503**
SJP Charitable Foundation
**2,500**
Swans
**2,100**
Other
**4,468**
**-**
**14,571**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 14,571**
**A3 Payments**
Salaryand expenses in Malawi
**5,874**
Bursary
**-**
Books/Solarpower
**-**
Printer
**-**
House roof/Cement
**-**
Mothersgroup
**-**
Bicycles(WBR)
**-**
Hostel Mikuyu
**-**
Hostel Solar/Beds
Other
**-**
**_S_ 5,874**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 5,874**
**_Net of receipts/(payments)_ 8,697**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**4,606**
**_Cash funds this year end_ 13,303**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**|**to the nearest £**
**-**
**31,392**
**5,000**
**-**
**-**
**-**
**-**
**-**
**36,392**
**-**
**-**
**-**
**36,392**
**-**
**300**
**9,008**
**1,228**
**3,386**
**715**
**3,210**
**-**
**-**
**17,847**
**-**
**-**
**-**
**17,847**
**18,545**
**-**
**402**
**18,947**|**to the nearest £**|**to the nearest £**
**-**
**31,392**
**5,000**
**5,503**
**2,500**
**2,100**
**4,468**
**-**
**50,963**
**-**
**-**
**-**
**50,963**
**5,874**
**300**
**9,008**
**1,228**
**3,386**
**715**
**3,210**
**-**
**-**
**23,721**
**-**
**-**
**-**
**23,721**
**27,242**
**-**
**5,008**
**32,250**|**to the nearest £**| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**|**500**| ||||**31,392**|**15,000**| ||||**5,000**|**5,858**| ||||**5,503**|**10,582**| ||||**2,500**|**-**| ||||**2,100**|**1,200**| ||||**4,468**|**3,666**| ||||**-**|**-**| ||||**50,963**|**36,806**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|**-**| ||||**-**|**-**| |||||| |||**-**||**36,806**| |||||| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**5,874**|**-**| ||||**300**|**-**| ||||**9,008**|**-**| ||||**1,228**|**-**| ||||**3,386**|**-**| ||||**715**|**-**| ||||**3,210**|**-**| ||||**-**|**29,502**| |||||**5,456**| ||||**-**|**5,432**| ||||**23,721**|**40,390**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|| ||||**-**|**-**| |||||| |||**-**|**23,721**|**40,390**| |||||| ||**18,545**|**-**
**-**
**-**
**-**|**27,242**|**- 3,584**| ||**-**||**-**|**-**| ||**402**||**5,008**|**8,592**| ||**18,947**||**32,250**|**5,008**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
Lloyds bank account
**Details**
**Details**
**Details**
**Details**
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**13,303**
**18,947**
**-**
**-**
**-**
**-**
**13,303**
**18,947**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
Martin Beer
Peter Everett
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Martin Beer|| |||Peter Everett|| ## **Independent examiner’s report to the trustees of Malawi Schools Trust** I report to the trustees on my examination of the accounts of the Malawi Schools Trust (the Trust) for the year ended 30 September 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Jonathan Waghorn Relevant professional qualification or membership of professional bodies (if any): Address: Little Hauntries, Shortfield Common Rd, Frensham, Farnham, Surrey, GU10 3BJ Date: 28 May 2025