| 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) |