REGISTERED CHARITY NUMBER: 1184316
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE MULWADE FOUNDATION
THE MULWADE FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |
|---|---|
| Report of the Trustees | 1 - 2 |
| Independent Examiner's Report | 3 |
| Receipts and Payments Report | 4 - 5 |
THE MULWADE FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the receipt and payments method of accounting.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Mulwade Foundation is a new that supports a specific group of people that have contracted HIV through deliberate or reckless HIV transmission by another.
Significant activities
The foundation raises money and awareness of the matter, and supports people affected by the situation they find themselves in as well as helping similar charities around the globe.
FINANCIAL REVIEW
Principal funding sources
The fund is totally reliant on income from donations.
During the year, the fund received donations totalling £8,573 (2024: £790). At the end of the year the fund had unrestricted reserves of £130 (2024; £11) carried forward to the next year.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
New trustees are appointed by the existing trustees and serve for five years, after which they may put themselves forward for re-appointment.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1184316
Principal address
c/o Bespoke Property Management (BPM) Ltd 12 St George Street London W1S 2FB
Trustees
J Gyphion (Chair) R Davies D Paladino
Page 1
THE MULWADE FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Emma Farquhar BFP FCA 43 Medcalfe Way Melbourn Cambridgeshire SG8 6HU
Approved by order of the board of trustees on 29 January 2025 and signed on its behalf by: SIGN .................................................................... D PALADINO - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MULWADE FOUNDATION
Independent examiner's report to the trustees of The Mulwade Foundation
I report to the charity trustees on my examination of the accounts of The Mulwade Foundation (the Trust) for the year ended 31 March 2025.
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 Act and in carrying out my examination I have followed all 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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Emma Farquhar BFP FCA 43 Medcalfe Way Melbourn Cambridgeshire SG8 6HU
Date: 29 January 2025
| The Mulwade Foundation | The Mulwade Foundation | 1184316 | ||
|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | |||
| For the period from |
01/04/2024 | To | 31/03/2025 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 8,573 - - - - - - - 8,573 - - - 8,573 - 962 5,753 105 - 384 1,250 - - 8,455 - - - 8,455 119 - 11 130 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 8,573 - - - - - - - 8,573 - - - 8,573 - 962 5,753 105 - 384 1,250 - - 8,455 - - - 8,455 119 |
Total funds to the nearest £ 8,573 - - - - - - - 8,573 - - - 8,573 - 962 5,753 105 - 384 1,250 - - 8,455 - - - 8,455 119 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donation income | 8,573 | 790 | ||||
| Repayment of loan | - | 356 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
8,573 | 1,146 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 1,146 | ||||||
| Bank charges | - | 69 | ||||
| Event expenses | 962 | 250 | ||||
| Website & advertising | 5,753 | 331 | ||||
| Admin/runningcosts | 105 | 165 | ||||
| Travel costs | - | - | ||||
| Accountancy | 384 | 350 | ||||
| Fundraisingcosts | 1,250 | - | ||||
| - | - | |||||
| **Sub total ** | - | - | ||||
| 8,455 | 1,165 | |||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 1,165 | ||||||
| 119 | - | - | 119 |
- 19 | ||
| - | - | - | - | - | ||
| 11 | - | - | 11 | 30 | ||
| 130 | - | - | 130 | 11 |
CCXX R1 accounts (SS)
05/03/2026
1
| Section B Statement of assets and liabilities at | Section B Statement of assets and liabilities at | the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Cash at bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 130 - - - - - 130 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
CCXX R2 accounts (SS)
05/03/2026
2