## **COLOURFUL DREAMS FOUNDATION TRUSTEES ANNUAL REPORT For year ended 31st March 2022**
The trustees present their report with the financial statements of the charity for the year ended March 2022.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Charity number : 1193844
## **Registered Ofce**
MILLGARTH HACKFORTH BEDALE NORTH YORKSHIRE DL8 1PB
## **FORMERLY:**
Rowan Cottage Heighington Darlington Co. Durham DL2 2XJ
## **PURPOSE OF THE CHARITY**
## The objectives of the CIO ARE :-
- 1). The advancement of education for the public benefit in Malawi and the UK by : a) the provision of funding and specialist support designed to assist the development of the Colourful Dreams School in Chisigele village, Malawi, and it's pupils and staff ;
- b) providing opportunities for young people in the UK to learn about the culture and traditions of Malawi.
- 2). The prevention and relief of poverty and the protection and preservation of good health in Chisigele village, Malawi.
- 3). The promotion of volunteering for the public benefit in Malawi and the UK by providing opportunities to volunteer within, and support the development of, the Colourful Dreams School in Chisigele village, Malawi.
## **Contributions made by volunteers and supporters.**
Due to Covid, Lockdown and social distancing rules it has not been possible during this period to organise our usual fundraising events.However, despite these difficulties we sent Christmas gifts to the children at Colourful Dreams School.
## **REVIEW OF CHARITY'S FINANCIAL POSITION AT END OF YEAR 2021-2022.**
- [When the charity was registered on 17th March 2021 there was a bank balance of £3445.69 ]
- [The foundation received £3190.00 in donations ]
- [We incurred expenses of £4496.64 ]
## **HOW THE CHARITY IS CONSTITUTED**
COLOURFUL DREAMS FOUNDATION became a Charitable Incorporated Organisation (CIO) on 17th March 2021. This was done to secure the charity's structure and give protection to the trustees.
## **NAMES OF TRUSTEES**
KATIE PARK-BROWN (Chair) ALLISON BROWN REBECCA MOSS SARAH COATES (nee HAMMERTON)
## **Summary Report**
2021-2022 was challenging due to the COVID -19 pandemic and ensuing restrictions. During this time we were unable to hold any fund raising activities and this also affected opportunities to visit organisations to encourage volunteering.
We incurred expenses for the School Improvement Plan documents to be forwarded by Thom Symon (the Malawian man who built and runs the school) to the government departments. This was necessary in order to secure the future of the school.
Our Christmas Appeal went ahead and we sent approximately 130 Christmas parcels to the children of Colourful Dreams School. This was financed from donations made from supporters. Unfortunately there were unforeseen costs as we had to make unexpected payments to customs and excise before they would release the parcels. This is the first time this has happened. We also had to finance a trip by Thom Symon to travel to collect the parcels from Blantyre. We sent funds to cover cost of staff wages at Colourful Dreams School.
ALLISON BROWN TRUSTEE
30th September 2022.
## Colourful Dreams Foundation (Charity
**----- Start of picture text -----**
Balance in Donations
account
03/17/2021 £3445.69
29.03.21- £3137.00
14.03.22
July 2021 £200.00
August 2021 £544.50
Sept21-March22 £2585.00
£120.56
December 2021 £56.50
December 2021 £687.18
£52.90
£250.00
21/3/22 Transfer to new £2197.32 £53.00
account
£3190.00 £4496.64
Balance £2139.05
Balance showing £2247.32
in bank 31/03/22
?? £108.27
**----- End of picture text -----**
1
y number: 1193844)
## **Expenses**
Parcel to Malawi
SIP. ( government documents)
Wages
Equipment/ projector Christmas boxes
Christmas courier
Customs Customs lost parcel
2