ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
SAMASUWO GROUP OF SCHOOLS.
CLASSROOM BLOCK A
ECD A and B and Grade 1 and Grade 2 housed in this block 2020—2022
ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
| CONTENTS: | ||||
|---|---|---|---|---|
| 01 Objectives and Activities: | 3 | |||
| 02 Achievements and Performance. | 3 | |||
| 03 Future plans | 3 | |||
| 04 Financial Review. | 3 | |||
| 05 Accounts | 4 | |||
| 06 Structure, Governance and Management | 5 | |||
| 07 Trustee Declaration. | 6 | |||
| 08 Acknowledgements. | 7 |
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01 Objectives and Activities:
ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
The purpose of the Zimuto Charitable Trust is the prevention or relief of poverty in Zimbabwe by providing or assisting in the provision of education, training, healthcare projects and supporting the work done by Samasuwo Group of Schools and Samasuwo Health Centre in Zimbabwe and supporting the communities in the Slough, Iver, Langley, Hayes, West Drayton, Maidenhead areas in the United Kingdom. In 2021— 2022 we were unable to do anything due to having no money.
Public benefit: UK Operations.
02 Achievements and Perfomance:
From December 2021 to October 2022 the Zimuto Charitable Trust was not very busy did not achieve much only received £450.00 from Go fund me which was used in the purchase of cement to make cement bricks for the Samasuwo Health Centre.
03 Future Plans:
The Zimuto Charitable Trust is anticipating getting more funds to support the Samasuwo Health Centre and Samasuwo Primary School in its endeavour in building the next Classroom Block which will accommodate Grades 3—7 which is currently on foundation level and desirous to build three more Teachers Houses
04 FINANCIAL REVIEW:
This is the first Financial review of the charity. Charity is UK Registered and operates in UK and Zimbabwe which operate in us dollars. Currently the School has three Teachers including the Acting Headmistress.
5. School Furniture
The school is continuously seeking ways it can get more text books and uniforms to ensure the needs of the growing school population is met.
6. Other costs:
The School is thinking of investing in extending the drilling of the school borehole.
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ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
05. ACCOUNTS;
Year to 20/12/2022
| 05. ACCOUNTS; Year to 20/12/2022 |
05. ACCOUNTS; Year to 20/12/2022 |
05. ACCOUNTS; Year to 20/12/2022 |
|||||
|---|---|---|---|---|---|---|---|
| Year to 21/12/2021 | Year to 11/10/2022 | ||||||
| YEAR TO | 20/12/2 2 |
YEAR TO | 21/12/2 1 |
||||
| Unrestrict ed Funds |
Restrict ed Funds |
Total Funds |
Unrestrict ed Funds |
Restrict ed Funds |
Total Fund s |
||
| Receipts | £0.00 | £0.00 | £0.00 | £0.00 | £0.0 0 | ||
| Donations | £0.00 | £0.00 | £0.00 | £9250.0 0 | £0.0 0 | ||
| Payments | |||||||
| Laptops/ Computers |
£0.00 | £0.00 | £0.00 | £1980.0 0 | £0.0 0 | ||
| Mobile phones |
£0.00 | £0.00 | £0.00 | £540.18 | £0.0 0 | ||
| Food Hampers |
£0.00 | £0.00 | £0.00 | £5658.0 0 | £0.0 0 | ||
| Desks/Chairs | £0.00 | £0.00 | £160.00 | £0.00 | £0.0 0 | ||
| Text books | £0.00 | £0.00 | £90.00 | £0.00 | |||
| Cement and moulding bricks |
£450.00 | £0.00 | £0.00 | £0.00 | |||
| STATEMEN T | OF | ASSETS | AND | LIABILIT IES |
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ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
| CASH FUNDS |
2022 | CASH | FUNDS | 2021 | |||
|---|---|---|---|---|---|---|---|
| Unrestrict ed |
Restrict ed |
Total | Unrestrict ed |
Restrict ed |
Total | ||
| Cash funds now in bank |
£ | £0.00 | |||||
| Bank Account |
|||||||
| Liabilities | |||||||
| Total assets. N |
e | ||||||
06 STRUCTURE, GOVERNANCE & MANAGEMENT
The Zimuto Charitable Trust is an unincorporated Trust, constituted under CIO dated 10/10/20.
and is a Registered Charity number 1191845.
Appointment of Trustees
There must be at least 3 trustees. Apart from the first trustees, every trustee must be
appointed for a term of 3 years by a resolution of the trustees passed at a special meeting. The current trustees are all founding trustees of the Charity and hold office for the following periods:
Simon Samasuwo .......... 5 years from 2019
Beauty Samasuwo …………4 years from 2019
Simbarashe Maradzika :…………. 3 years from 2020
Leornard Dende:………………………3 years from 2020.
The current trustees all desire to see the prosperity of the School and improve lives of the communities in its area of operation. The Charity has one Zimbabwean based Trustee who foresees all work done by the School and reports back to the Charity head office in UK where there are three UK based Trustees namely, Simon Samasuwo, Leonard Dende and Beauty Samasuwo. The Zimbabwe based Trustee Simbarashe Maradzika is an accountant with a number of years’ experience and is a family man.
Organisational Structure
The Charity is managed in UK and operates in UK and Zimbabwe
Simon Samasuwo in UK does most of the administration and communication with Simbarashe Maradzika who does most of the work in Zimbabwe at the
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ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
Samasuwo Primary School. He visits the school almost three times per term ensuring the building work is done according to Local Council bye laws.
The charity is moving to focusing more on the Samasuwo School project and upcoming Samasuwo Health Centre (Clinic). The School is run separately from the Charity by a School committee which is comprised of Four Village Elders, one Teacher and Acting Headmistress .
Risk Management
The Trustees review risks which the Charity faces on a regular basis and believe that we have appropriate procedures and controls to identify and mitigate against risks we are exposed to.
08 REFERENCE & ADMINISTRATION DETAILS
Charity name
Zimuto Charitable Trust
Charity number: 1191845.
Principle Address
3 Maxwell Close, Hayes, Middlesex, UB3 3DX
Trustees
Simon Samasuwo----(UK Based)
Tatenda Maradzika—(Zimbabwe Based)
Leornard Dende------(UK Based)
Beauty Samasuwo----(UK Based)
07 TRUSTEE DECLARATION
The trustees declare that they have approved the above annual report and accounts. Signed on behalf of the charity’s trustees
Beauty Samasuwo
Treasurer:
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ZIMUTO CHARITABLE TRUST--- TRUSTEES ANNUAL REPORT AND ACCOUNTS;
12/10/2022.
8 ACKNOWLEDGEMENTS
We are so much thankful to the individuals and organisations who have supported us since our launch. The individuals who have supported us since we started are:
Simon Samasuwo , Beauty Samasuwo.
Organisations:
National Lottery Community Fund.
ECD A and B Class. 2021.