# **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022** ## **TREND IN AFRICA** (Charitable Incorporated Organisation) **CHARITY REGISTRATION No: 1186066** Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **CONTENTS** |Page 3|Legal & Administrative Information| |---|---| |Pages 4 to 6|Trustees' Report| |Page 7|Statement of Financial Activities| |Page 8|Balance Sheet| |Pages 9 to 14|Notes to the Financial Statements| |Page 15|Independent Examiner's Report| 2 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **CHARITY NUMBER** **CHARITY NUMBER** 1186066 **DATE OF REGISTRATION** 31st October 2019 **START OF FINANCIAL YEAR** 1st April 2021 **END OF FINANCIAL YEAR** 31st March 2022 **TRUSTEES AT 31ST MARCH 2022** Prof. Thomas Baden Dr. Laura Prieto Godina Dr. Pauline Essah Dr. Jelena Aleksic **LEGAL STATUS** Charitable Incorporated Organisation ## **GOVERNING INSTRUMENT** CIO - Foundation Registered 31st October 2019 ## **OBJECTS** The advancement of education in the field of Natural Science, in particular on the African Continent by: **1** . Facilitating in the conduction of research in Natural Sciences. **2** . Organising and running training courses and seminars in Natural Sciences for African based researchers and University students. **3** . Organising and running science outreach events on the African Continents for all members of the public, including School and University students, teachers, parents, professionals and decision makers. **4** . Organising the collection, shipments and distribution of donated laboratory equipment and reagents for African based researchers. ## **CORRESPONDENCE ADDRESS** ## **PRIMARY BANKERS** 15A Sussex Heights St. Margaret's Place Brighton BN1 2FR Lloyds Bank Plc 25 Gresham Street London EC2V 7HN ## **INDEPENDENT EXAMINERS** Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS 3 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2022** ## **TReND in Africa Introduction** TReND in Africa team believes that education and scientific innovation are at the basis of economical and societal development. We perceive that is imperative for every society to have a local group of scientists, that while forming part of the global scientific community, can tackle problems at a local level. Furthermore, it is essential that these local scientists engage with the general population and their governments, for these to implement informed, scientifically-backed policies. This becomes particularly evident during crises, such as the recent Ebola epidemic, or the current coronavirus global pandemic. Here, trustworthy local scientists can play a crucial job in the education of the population, and the implementation of socially responsible behaviours. Since its inception in 2011 TReND in Africa supports biomedical research and education in the continent through diverse, complementary activities. These include: • **Organisation of courses for African scientists on the latest cutting-edge topics** . Through these we have to date educated over 500 scientists from 22 different African countries, from MSc students to professors. • **Running an exchange volunteering program** , where experts from around the world spend time at an African university to assist with research, teaching and to promote international scientific interactions or participate in project collaborations with online meetings, conferences, and workshops. • **Coordinate equipment donation programs** to provide universities with the facilities they need to carry out science. • **Operate regular outreach events** hosted by our alumni in their local communities and high schools to promote science and research to the younger generations. - **Engagement it with local and national politicians and policymakers** to push for better scientific research and education - support across the African continent. • **Development of laboratory and research equipment** that can be build and repaired locally using accessible tools and open source technologies. All these activities are developed and implemented by volunteers allowing the TReND team to be able to use all grants and donations exclusive on projects that will directly benefit African researchers and their communities, with very little administration overhead. ## **COVID-19 pandemic – Trend’s work in the years 2021-2022** As with a few other sectors, the academic and research sector was still able to start their face-to-face activities in 2021. So our charity maintained the online activities and projects as the main focus. We continue to push online activities promoting collaborations, courses, and webinars, where volunteers, and African scientists could remain active and in communication while maintaining TReND’s mission to boost African higher education. ## **TReND Hosting Interns** In partnership with Global Experiences Partnerships TReND in Africa hosted 4 interns in 2021 -2022. Interns worked in communication and personal relation, digital marketing, fundraising, and grant proposal development. This project required weekly online meetings to follow up with the project developed by TReND general coordinator and the intern. ## **Online Collaboration Program and Online Courses** Given travel restrictions, TReND has created an online collaborations program, where researchers in African institutions apply with a project, they would like support with and TReND matches them with a volunteer from our network. Differently from other TReND programs, where very defined goals and timelines are present, this program sets guidelines for collaboration and support during it. This happens because projects are quite diverse and operate in different fields with different timelines. Our Alumni were invited to apply for a Neuro Data Science Online Course given by Prof. Philipp Berens from the University of Tübingen in Germany. This course allowed African researchers to gain a skill that can be used beyond academics. 4 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **TReND Webinar Series** Like other institutions, TReND organize a webinar series that would highlight African research or researchers whose work was mindful of African communities. We hosted weekly events where researchers were able to present their work and answer questions from the audience. Our team organized 15 webinars that reached 7560 people. ## **First Online Phyton Course** With more than 300 applications TReND had a workshop for coding with Phyton. The course focused on the introduction to everything that researchers need to start coding. There was no prior knowledge of programming, computer science or Python required, only a stable internet connection and access to a PC/laptop. At the end of the workshop, applicants were expected to: come up with a coding solution for simple real-world problems, perform simple arithmetic operations with Python, and write simple functions in Python to perform different tasks. ## **Outreach Events with L’Oréal Sponsorship 2021** The TReND outreach program aimed to achieve a long-term impact by enhancing public understanding, trust, and support for science in Africa and inspiring young people to pursue STEM disciplines. The program is run by TReND outreach ambassadors, formed by more than 100 alumni across Africa who organize outreach activities in their communities, including science events for school students and teachers, science festivals as well as TV and radio programs. In the last two years, the outreach program was sponsored by the L’Oréal Foundation throughout the L'Oréal-UNESCO For Women in Science Programme, where we placed particular emphasis on engaging with African women scientists, who in Africa are even less represented in STEM, to create awareness of these carries to young African students at high school age. The world of science needs women everywhere, and this is particularly critical on the African continent, where women have important responsibilities and societal respect within their communities, meaning that their engagement in STEM can trigger profound domino effects. ## **Chain Zuckerberg Institute Grant and Yobe Lab (online) Launch** Led by Dr. Mahmoud Maina Yobe University will have TReND in Africa's first fixed lab in Africa. After applying to an open call from the Chain Zuckerberg Foundation to expand global access to bioimaging, Dr. Maina has recently won a grant to establish a self-sustained and accessible bioimaging hub in Nigeria to serve as a central resource for facilitating life sciences teaching and research across West Africa. This is a 3-year project that will promote workshops and conferences to scientists from Nigeria, Ghana, and The Gambia. ## **Genome Editing (in person) Course at the University:** After two years TReND had the first in-person course at the University of Ghana. The course aimed to introduce genome editing has for decades been the unapproachable dream of biomedical scientists. revolutionary tools to African scientists and to create a community of scientists able to implement them in their research projects. ## **Next Steps 2022 – 2023** ## **In-Person Activities** ## **BioRTC Summer Course** After months of planning, organizing, and shipping, in July 2022 Biomedical Science Research and Training Centre (BioRTC) will have its first Summer School. They will focus on hands-on experiments, especially Bioimaging. BioRTC aims to facilitate the research and training of African scientists using state-of-the-art laboratory infrastructure that will enable them to contribute to solving local and global biomedical science problems. The Centre has secured support from Wellcome Trust, The Chan Zuckerberg Initiative, the Francis Crick Institute, the University of Sussex, and TReND in Africa. ## **The TReND in Africa & IBRO Advanced Neuroscience School - A focus on low-cost, state-of-the-art research tools and** **models -** The objective of the course is to teach how low-cost, state-of-the-art research tools and models can be employed in a low-resource setting using open-source software and hardware to build lab equipment. Throughout, we will also put special emphasis on the importance of good scientific conduct, project design, management, and scientific communication. ## **Second (Online) Phyton Couse** To improve the number of researchers with coding skills we will offer a second online Phyton course. We are aiming to have 100 participants. For the course, we will count on a team of 20 volunteers. 5 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **Trustees' Responsibilities** The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of the surplus of the CIO for that period. In preparing those financial statements the trustees are required to: - Select suitable accounting policies and apply them consistently - Make judgements and estimates that are reasonable and prudent - Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence. The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 08/03/2023 Approved by the Trustees on ………………………………………………………………………………………………………………… Signed on their behalf by Trustee ……………………………………………………………………………………………………………… Printed Name: Prof. Thomas Baden 6 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022** |**Notes**
**INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Donations, Grants & Legacies
**3a**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of Generating Funds**
Cost of Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2021/22**
**2020/21**
£
£
£
£
676
3,894
4,570
144,710
**676**
**3,894**
**4,570**
**144,710**
13,616
3,923
17,539
93,552
750
-
750
750
**14,366**
**3,923**
**18,289**
**94,302**
**(13,689)**
**(29)**
**(13,718)**
**50,408**
50,379
29
50,408
-
**36,690**
**-**
**36,690**
**50,408**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 9 to 14 form part of these financial statements. 7 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **BALANCE SHEET AS AT 31ST MARCH 2022** |**Note**
**Fixed Assets**
Tangible Assets
**2**
Investments
**6**
**Total Fixed Assets**
**Current Assets**
Debtors & Prepayments
**8**
Cash at Bank and in Hand
**7**
**Total Current Assets**
**9**
**NET CURRENT ASSETS**
**TOTAL ASSETS**less current liabilities
**10**
**NET ASSETS**
**Funds of the Charity**
General Funds
Restricted Funds
**5**
**Total Funds**
**Creditors:**Amounts falling due within one year
**Creditors:** Amounts falling due in more than
one year|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**31-Mar-22**
**31-Mar-21**
£
£
**£**
**£**
-
-
-
-
-
-
-
-
**-**
**-**
**-**
**-**
-
-
-
-
37,440
-
37,440
51,158
**37,440**
**-**
**37,440**
**51,158**
750
-
750
750
36,690
-
36,690
50,408
**36,690**
**-**
**36,690**
**50,408**
-
-
-
-
**36,690**
**-**
**36,690**
**50,408**
36,690
-
36,690
50,379
-
-
-
29
**36,690**
**-**
**36,690**
**50,408**| |---|---| 08/03/2023 Approved by the Trustees on ………………………………………………………………………………………………………………… Signed on their behalf by Trustee ……………………………………………………………………………………………………………… Printed Name: Prof. Thomas Baden 8 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of Preparation & Assessment of Going Concern** ## **Basis of Preparation** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Assessment of Going Concern** Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## **Incoming Resources** ## _**Recognition of Incoming Resources**_ These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the trustees are virtually certain they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability ## _**Incoming Resources with Related Expenditure**_ Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## _**Grants and Donations**_ Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## _**Tax Reclaims on Donations and Gifts**_ Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. ## _**Contractual Income and Performance Related Grants**_ This is only included in the SOFA once the related goods or services have been delivered. ## _**Gifts in Kind**_ Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. ## _**Donated Services and Facilities**_ These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## _**Volunteer Help**_ The value of any voluntary help received is not included in the accounts. ## _**Investment Income**_ This is included in the accounts when receivable. ## _**Investment Gains and Losses**_ This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 9 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **1. ACCOUNTING POLICIES (continued)** ## **Expenditure and Liabilities** ## _**Liability Recognition**_ Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## _**Governance Costs**_ Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. ## _**Grants with Performance Conditions**_ Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. ## _**Grants Payable without Performance Conditions**_ These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## _**Investments**_ Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. ## _**Unrestricted funds**_ These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities. ## _**Restricted funds**_ These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes. ## _**Designated funds**_ These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects. ## _**Fixed Assets**_ Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt. ## _**Depreciation Expense**_ Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows: Fixtures, Fittings and Equipment 25% - Straight Line Basis ## **2. TANGIBLE FIXED ASSETS** The CIO held no fixed assets during this or the previous financial period. The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2022: None 31st March 2021: None 10 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **3. INCOMING RESOURCES** |**a) Donations, Grants & Legacies**
Gifts & Donations
Grants Received|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2021/22**
**2020/21**
£
£
£
£
676
-
676
9,303
-
3,894
3,894
135,407
**676**
**3,894**
**4,570**
**144,710**| |---|---| ## **4. RESOURCES EXPENDED** |**a) Cost of Charitable Activities**
Bank Charges
Equipment Costs
Projects Costs
Shipping Costs
Sundry Expenses
Training Costs
Travel & Subsistence
Volunteers Costs
Website Costs
`
**b) Governance Costs**
Independent Examiners Fees
**9**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2021/22**
**2020/21**
£
£
£
£
111
-
111
325
640
-
640
-
4,335
3,923
8,258
53,344
4,285
-
4,285
-
234
-
234
622
3,211
-
3,211
6,842
-
-
-
31,362
-
-
-
902
800
-
800
155
**13,616**
**3,923**
**17,539**
**93,552**
750
-
750
750
**750**
**-**
**750**
**750**| |---|---| 11 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **5. RESTRICTED FUNDS** ## **CURRENT FINANCIAL PERIOD** |Wellcome Trust - ASNL Project Fund
**PREVIOUS FINANCIAL PERIOD**
Wellcome Trust - ASNL Project Fund|**Balance**
**Balance**
**01-Apr-21**
Income
Expenditure
Transfers
**31-Mar-22**
£
£
£
£
£
29
3,894
3,923
-
-
**29**
**3,894**
**3,923**
**-**
**-**
**Balance**
**Balance**
**31-Oct-19**
Income
Expenditure
Transfers
**31-Mar-21**
£
£
£
£
£
-
78,467
78,438
-
29
**-**
**78,467**
**78,438**
**-**
**29**| |---|---| The restricted funds held are wholly represented by the CIO's cash reserves and are to be expended as specified above. 12 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **6. INVESTMENTS** The CIO held no fixed assets investments during this or the previous financial period. ## **7. CASH AT BANK AND IN HAND** ||Unrestricted|Restricted|**Total**
**Total**| |---|---|---|---| ||Fund|Fund|**31-Mar-22**
**31-Mar-21**| ||£|£|**£**
**£**| |Cash at Bank & in Hand|37,440||-
37,440
51,158| ||**37,440**||**-**
**37,440**
**51,158**| |**8. DEBTORS AND PREPAYMENTS**
Sundry Debtors|Unrestricted
Fund
£
-|Restricted
Fund
£|**Total**
**Total**
**31-Mar-22**
**31-Mar-21**
**£**
**£**
-
-
-| ||**-**||**-**
**-**
**-**| |**9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Independent Examiners Fees|Unrestricted
Fund
£
750|Restricted
Fund
£|**Total**
**Total**
**31-Mar-22**
**31-Mar-21**
**£**
**£**
-
750
750| ||**750**||**-**
**750**
**750**| ## **10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** The CIO held no long term liabilities during this or the previous financial period. ## **11. NET ASSETS BETWEEN FUNDS** |Fixed Asset Investments
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Mar-22**
**31-Mar-21**
£
£
**£**
**£**
-
-
-
-
36,690
-
36,690
50,408
-
-
-
-
**36,690**
**-**
**36,690**
**50,408**| |---|---| 13 ## **TREND IN AFRICA** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2022** ## **12. STAFF COSTS AND NUMBERS** The CIO employed no members of staff during this or the previous financial period. ## **13. TRUSTEES AND OTHER RELATED PARTIES** No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. ## **14. RISK ASSESSMENT** The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **15. RESERVES POLICY** The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily. ## **16. PUBLIC BENEFIT** The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake. 14 TREND IN AFRICA Icharitable IrKorFK)rated Organisaticffll INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report ta the trustÈesl mÈmbors ofTrAnrl in nn IK•. for yesr 8rthJ 31st M8rch 2022 se¢ out on page$ 7 to 14. R•spectl¥• r•￿n￿bIllIo￿ of trust0￿ and examlr•r The charftys trustees ore for th& weparotion xcourts. Thè chwitys tru$teg8 consider that an audit is not requlrecl lor ihls year undw 144 of the CharlU&s 2011 lihe ChÈritses Act) and Ihat an Indep8nd8ni eXan￿natIOn Is needed. It Is my rn6pon8lb.lity to: eKaming Ihe accounts und8r seckn 145 of lh8 Chawitw Art follow the k¥oco(lure5 laid in ￿ general ￿"rect￿￿ by thg C￿ty Comrnskjn (under secllon 145(5llbl of the Charitm Act. and 81ate whether partioJlÈr matters hav? CO￿ to my attonlkjn 8&ols of Ind•pgnd•nt •¥•mlr*• stst••n•nt My ?xamin?tion was (arrled out In accordan¢o ggnernl Dir￿*￿* 9￿￿ ty the Ctharlty Commls8h)n. 0￿mInatIon IKlude8 a revlff* of tha aC￿￿nting rgcord¥ keF4 by the charlty and a of thg ￿unt5 presented wlltt Ihose record•. It indudes crm￿tratiOn of any unusual It¥iiw ut dRyJwJt¥¥ hi Ilw ¥Lwunlb, a￿j 5eeklng Bxplanallons Irom ihe Iruslees Co￿9T￿lDg any such matter3. Tr* kvtt*Jures ￿nd￿keD th) nol wovkja all thè avldanca that WoU￿j bg requirecl in on audit, and ¢on90qUOntW no O￿nI)N ￿ given as to th• w•••nt a and fairf vyaw and th• r•port i• Nmlted lo thosè mattefs $91 out in the statemenl bokw. Ind•p•nd•nt •x•mln•fs st*t•m•nt In connection ￿th my examination, no mattw has com• to my aUenth?n: whtn glve6 me rvawnaw cau8• 10 ba￿ thai In any Mat￿?1 respea the requirom8nts.' to keep accountlng re￿ra$ in a￿OrdaI￿e with Sect￿ 130 ofthe charIt￿ Act., and to proporo a¢¢¢xmts aeÈord wlth the actourtting I￿0Td¥ •nd comply wAth the I￿￿u￿tIng roquiroments ol the Charit￿5 *£t have not teen rnet: or lo whlch, in my Opin￿￿. att•ntth 8￿UkI te dr￿ in ￿der to enable a propw ur¥J8rstandlr¥J of accounts to b reached. K. Collaku MAAT Castle View Accounthw Ltd New Barn Mudberry Lar Bosham Chichester West Sussex P0188TS March 2023 15