2022-03-31-accounts

	Page
Report of the Trustees	1 to 8
Independent Examiner's Report	9
Statement of Financial Activities	10
Statement of Financial Position	11
Notes to the Financial Statements	12 to 16
Detailed Statement of Financial Activities	17

Age range of cup recipients: 11 - 53 years
Description	No, of females %	total females
Females under 20 years	3,525	38%
Females 20-29 years	2,440	29%
Females 30 years and above	2,680	32%
Females reporting nappy rash prior to using cup	4,942	60%
Females reporting nappy rash after using cup	16	0.2%
Females who usedonly ragsprior to cup	2,157	26%
Females who used both rags & pads prior to cup	3,593	43%
Females who usedonly disposable padsprior to using cup	1,718	21%
Females who prefer usinga cupv disposable pad	3,568*	99.9%
	*From follow up meetings conducted

kshops.
	Number of cups	Running total of
Year	distributed	cups distributed
2019	504	504
2020	988	1,492
2021	2,489	3,981
2022	4,364	8,345

	No of Cup	Number of cups	Running total of
Month	Ladies	distributed per month	cups distributed
1	5	1,000	1,000
2	8	1,600	2,600
3	10	2,000	4,600
4	12	2,400	6,600
5	14	2,800	9,000
6	16	3,200	11,800
7	18	3,600	15,000
8	20	4,000	18,600
9	20	4,000	22,600
10	20	4,000	26,600
11	20	4,000	30,600
12	20	4,000	34,600

Item	Cost£
30,000 menstrual cups	100,000
Soap, tins and instructions (cup starter packs)	60,000
Salary for CEO	16,000
Salary for Cup Ladies (based on 20 women)	24,000
Travel and logistics (national and international)	25,000
Administration and data	15,000
Marketing (social media/ website)	10,000
TOTAL	£250,000

Funding secured to date, assigned to the project
From	Amount£
Coles Medlock Foundation	5,000
Austin Bailey Foundation	5,000
Eastern Produce Malawi	5,000
G Berthe	2,500
Regent Bright International	2,500
TOTAL	£20,000

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		37,188	16,417	53,605	15,486
EXPENDITURE ON
Charitable activities
To end period poverty in Malawi		25,642		25,642	20,612
NET INCOME/(EXPENDITURE)		11,546	16,417	27,963	(5,126)
RECONCILIATION OF FUNDS
Total funds brought forward		(468)	-	(468)	4,658
TOTAL FUNDS CARRIED FORWARD		11,078	16,417	27,495	(468)

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	6		14,200	14,200
Debtors	7	795	-	795	777
Cash at bank and in hand		16,069	2,217	18,286	1,951
		16,864	16,417	33,281	2,728
CREDITORS
Amounts falling due within one year	8	(5,786)		(5,786)	(3,196)
NET CURRENT ASSETS/(LIABILITIES)		11,078	16,417	27,495	(468)
TOTAL ASSETS LESS CURRENT
LIABILITIES		11,078	16,417	27,495	(468)
NET ASSETS/(LIABILITIES)		11,078	16,417	27,495	(468)
FUNDS	9
Unrestricted funds				11,078	(468)
Restricted funds				16,417
TOTAL FUNDS				27,495	(468)

	Net income/(expenditure) is stated after charging/(crediting):
		2022	2021
		F-
	Independent examiner's fees	4,200
	Independent examiner's fees - other services	378
4.	TRUSTEES' REMUNERATION AND BENEFITS
		2022	2021
		£	£
	Trustees' salaries	6,240	6,000

5.	STAFF COSTS
		2022 2021
		££
	Wages and salaries	6,240 6,000
		6,240 6,000
	The average monthly number of employees during the year was as follows:
		2022 2021
	Management staff	55
	No employees received emoluments in excess of £60,000.
6.	STOCKS
		2022 2021
		££
	Stocks	14,200
7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2022 2021
		F-
	Prepayments and accrued income	795 777
8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2022 2021
		££
	Trade creditors	1,113-
	Other creditors	95115
	Accruals and deferred income	4,578 3,081
		5,786 3,196

MOVEMENT IN FUNDS
		Net
		movement	At
	At 1.4.21	in funds	31.3.22
	£	£	£
Unrestricted funds
General fund	(468)	11,546	11,078
Restricted funds
Eastern Produce Malawi		16,417	16,417
TOTAL FUNDS	(468)	27,963	27,495

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	37,188	(25,642)	11,546
Restricted funds
Eastern Produce Malawi	16,417		16,417
TOTAL FUNDS	53,605	(25,642)	27,963

Comparatives for movement in funds
		Net
		movement	At
	At 1.4.20	in funds	31.3.21
	£	£	f-
Unrestricted funds
General fund	4,658(5,126)		(468)
TOTAL FUNDS	4,658	(5,126)	(468)
Comparative net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	15,486	(20,612)	(5,126)
TOTAL FUNDS	15,486	(20,612)	(5,126)

	2022	2021
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	53,605	15,486
Total incoming resources	53,605	15,486
EXPENDITURE
Charitable activities
Trustees' salaries	6,240	6,000
Website and data costs	269	735
Foreign exchange gains and losses	232	377
Postage and stationery	42	31
Advertising	53	82
Workshop costs	4,486	1,833
Travel and subsistence	7,272	5,345
	18,594	14,403
Support costs
Management
Insurance	753	949
Legal and other professional fees	50	687
	803	1,636
Finance
Bank charges	401	592
Governance costs
Independent examiner's fees	4,200
Independent examiner's fees - other
services	378
Accountancy fees	1,266	3,981
	5,844	3,981
Total resources expended	25,642	20,612
Net income/(expenditure)	27,963	(5,126)