||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 used**only rags**prior to cup|2,157|26%| |Females who used both rags & pads prior to cup|3,593|43%| |Females who used**only disposable pads**prior to using cup|1,718|21%| |Females who prefer using**a cup**v 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)|