id21 Midzi Directors Report 2021
1.0 Introduction
Midzi is a registered charity operating in England, Wales, Malawi and Zimbabwe. During the period under review, the charity set out to achieve the following objects.
1) To preserve and protect the good health and well-being of women and girls, particularly, but not exclusively, concerning all areas of female reproductive and sexual health including but not exclusively by:
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The provision of educational outreach programmes, materials and other forms of information; and
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Providing support to attend conferences, workshops and exchange programmes
2) To relieve the needs of women and girls, particularly, but not exclusively, those who have experienced, or are at risk of experiencing, sexual and gender-based violence by providing education and access to support structures to assist women and girls live dignified lives free from violence
The charity went through a post Covid 19 recovery period and managed to set up volunteer structures to aid its operations.
1.1 Outreach and Operations
During the period under review, the organisation managed to raise 1000 pounds from individual allies. The funds were used to support our strategic goal of promoting girls' education. The charity sustained its operations and continued supporting 11 girls in Zimbabwe whom we supported in 2020 with their educational needs. This ensured that the girls' education was not disrupted and managed to keep them in school. The 11 girls have become role models in their communities, encouraging other families to prioritise girls' education. While our efforts are still a drop in the ocean compared to the urgent need for education, our model of building role models has a ripple effect where the 11 girls are providing mentorship for other girls at their school, Nemangwe Primary. As we continue to scale up our activities, we hope to contribute to a movement of young women and girls that are educated and thriving in all spheres of their lives. The charity continues to crowdfund for its initiatives and increase its pool of unrestricted funds, enabling the charity to respond to the practical needs of its beneficiaries.
In the UK, the charity has engaged Swansea University to reach out to students at the university who are at risk of or have experienced sexual abuse, domestic abuse and all forms of violence.
The charity's annual implementation plan will see the charity having established support clubs in 3 Universities in Wales and 3 in England. The charity has also developed a fundraising plan to scale its activities up in the 6 UK universities.
2.0 Future plans
The charity annual implementation plan will see the charity having established support clubs in 3 Universities in Wales and 3 in England. The charity has also developed a fundraising plan which will see its activities being scaled up in the 6 UK universities.
3.0 MIDZI’S STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2021
| DECEMBER 2021 | |||
|---|---|---|---|
| Notes | Unrestricted funds | Total funds | |
| INCOMING RESOURCES |
£ | £ | |
| Incoming resources from charitable activities |
1,000 | 1,000 | |
| Net income from last year |
20 | 20 | |
| Total incoming resources |
1,020 | 1,020 | |
| RESOURCES EXPENDED |
|||
| Charitable expenses | 1 | 985 | 985 |
| Total resources expended |
985 | 985 | |
| Net Income/ (expenditure) |
35 | 35 |
Notes
1 ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention and in accordance with Midzi Finance Policy and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK.
1.1 BASIS OF ACCOUNTING
Unrestricted funds are available for the use at the discretion of the trustees in furtherance of the general objectives of the charity. All income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
1.2 FUND ACCOUNTING
Unrestricted funds are available for the use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are those funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for purposes. The cost of raising and administering such funds are charged against the specific fund.
1.3 EXPENDITURE
Expenditure has been recognised in the accounts on an accrual basis including post balance date liabilities. All expenditure that includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
2. CHARITABLE EXPENSES
| 2021 | |
|---|---|
| £ | |
| School uniform + school supplies (11*£14) | 154 |
| School fees (11£302 terms) | 660 |
| Communication | 10 |
| Transport | 161 |
| Total Resources Expended | 985 |
Signed for by
Ms Beatrice Savadye
Founder and Trustee