| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 | |
| Report ofthe Independent | Examiner | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Accounts |
| Anthony | Roy Melia | Roy Melia | Trustee (Chair) | (Appointed | 01 February 2019) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Samanth | Jane Melia | Trustee | (Appointed | 01 February 2019) | ||||||||
| Rob Melia | Trustee | (Appointed | 01 February 2019) | |||||||||
| Abigail Laura Gomersall | Trustee | (A.ppointed | 01 February 2019) | |||||||||
| Margaret | Suzanne | Melia | Trustee | (Appointed | 01 February 2019) | |||||||
| Registered office: | 49 Cordelia Way, Rugby, CV22 | 6JU | ||||||||||
| Bankers: | Barclays, RUGBY, Leicester, Leicestershire, LE872BB |
|||||||||||
| Accountants: | Astute Services | Limited, Chartered Accountants, |
44-46 Regent Street, Rugby, CV212PS | |||||||||
| Object ofthe Charity | ||||||||||||
| (1) For the Public benefit the advancement ofeducation |
and | learning in |
Malawi, | In particular | but not | |||||||
| exclusively by: |
||||||||||||
| a) Supplying schools and educational settings for children |
and | young | people with teaching | aids | ||||||||
| such as, but not | limited to, whole | class teaching kits (solar powered projectors | and android | tablets) | ||||||||
| and by providing | assistance to teachers. | |||||||||||
| b) The provision | ofresources for | adult education and |
learning | by renovating | and repairing | existing | ||||||
| buildings in the |
local community. | |||||||||||
| (2) The relief ofpoverty by providing |
food for orphans and disadvantaged |
children | in Malawi | at | ||||||||
| existing community feeding stations |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Note | |||||
| INCOME | |||||
| Donations | 31,890 | 24,796 | |||
| Bank interest | 73 | 51 | |||
| TOTAL INCOME | 31,963 | 24,847 | |||
| EXPENDITURE | |||||
| Direct Charitable | Expenditure | ||||
| Project works | 29,821 | 21,654 | |||
| Equipment expensed |
270 | 4,286 | |||
| 30,091 | 25,940 | ||||
| Other expenditure | |||||
| Exchange loss | 912 | ||||
| Independent examiners |
fees | ||||
| Bank charges | 585 | ||||
| 1,361 | 964 | ||||
| TOTAL EXPENDITURE | 31,452 | 26,904 | |||
| EXCESSOF EXPENDITURE OVER | INCOME | 511 | (2,057) | ||
| Balance brought forward |
2,968 | 5,025 | |||
| BALANCE CARRIED FORWARD | 3,479 | 2,968 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| FIXEDASSETS | ||||||
| CURRENT ASSETS | ||||||
| Balances at bank: | ||||||
| Community account |
2,140 | 181 | ||||
| Current account | ||||||
| Malawi account | 1,339 | 2,787 | ||||
| 3,479 | 2,968 | |||||
| LESS | ||||||
| CURRENT LIABILITIES | ||||||
| NET CURRENT ASSETS | 3,479 | |||||
| NET ASSETS | 3,479 | |||||
| FUNDS | ||||||
| Unrestricted funds |
3,479 | |||||
| 3,479 |
| Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | |||||
| Opening | balance | 2,968 | 2,968 | ||||
| Surplus/(Loss) | for | the | year | 511 | 511 | ||
| Closing | balance | 3,479 | 3,479 |