## **COLOURFUL DREAMS FOUNDATION TRUSTEES ANNUAL REPORT** 

## **For year ended 31st March 2025** 

The trustees present their report with the financial statements of the charity for the year ended March 2023. 

## REFERENCE AND ADMINISTRATIVE DETAILS 

Charity number: 1193844 

Registered Office 

MILLGARTH 

HACKFORTH 

BEDALE 

DL8 1PB 

## 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. 

REVIEW OF CHARITY'S FINANCIAL POSITION AT END OF YEAR 2023-2024. 

- We had an opening balance of £1477.89 April 2024 

- The foundation received £4390.89 in donations 

- We raised £2323.32 through fundraising events 



- We raised £4039.59 with GNR Team 2024 

- We accrued £43.90 interest 

- We incurred expenses of £7813.50 

- At year end 2025 we have a working balance of £2985.65 

## **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 

## **Summary Report** 

Our big fundraising event of this year was having a team of 5 runners in the Great North Run 2024 and we raised over £4000. This allowed us to support Colourful Dreams School with fencing for their gardening project which is teaching the children about horticulture and the dangers of overfishing Lake Malawi. It is enabling the school to provide breakfast to all students on a daily basis. We have also had to pay for new workbooks this year in order to deliver the new school curriculum, as well as send funds to cover the cost of staff wages at Colourful Dreams School. 

We have paid for 8 entries into The Great North Run 2025. 

ALLISON BROWN TRUSTEE 

3rd June 2025 



Colourful Dreams Foundation (Charity number: 1193844) 2024-2025 

|**Date**|**Balance in**<br>**account**|**Interest**|**Donations**|**GNR 2024**|**Events/Fundraiser**|**Description**|
|---|---|---|---|---|---|---|
|**31 March 2024**|£1477.89||||||
|**April 2024**|||||||
|**April 2024**|||||||
|**May 2024**|||||£260.00|Inner Wheel|
|**May 2024**|||||£89.00|Suzanne Hack|
|**June 2024**|||||£1075.32|Tom Leeds<br>marathon|
|**August 2024**|||||||
|**October 2024**|||||||
|**November 2024**|||||£200.00|C. McGee|
|**December 2024**|||||£100.00|cheque|
|**January 2025**|||||£130.00|Suzanne Hack|
|**February 2025**|||||£103.00|F and P Hagg|
|**March 2025**|||||£200.00|cheque|
||||||£166.00|Inner Wheel|
|**March 2025**|||||||
|**Interest payments**|||||||
|**Totals**||£45.35|£4390.89|£4039.59|£2323.32||
||||||||
|**IN**|||£10799.15||||
|**OUT**|||£7813.50||||
|**Balance year end**<br>**March 2025**|||£2985.65||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||
||||||||



1 



|**Date**|**Expenses**|**Description**|
|---|---|---|
|**31 March 2024**|||
|**April 2024**|£1292.50|Salaries|
|**April 2024**|£40.00|Payout for Grand<br>National<br>Sweepstake|
|**May 2024**|£62.00|Ally entry into GNR|
|**May 2024**|£88.50|CDS shirt printing|
|**June 2024**|£762.50|Fencing|
|**August 2024**|£1292.50|Salaries|
|**October 2024**|£2012.50|Fencing|
|**November 2024**|£808.00|GNR 2025 entries|
|**December 2024**|£1292.50|Salaries|
|**January 2025**|£162.50|Workbooks|
|**February 2025**|||
|**March 2025**|||
||||
|**March 2025**|||
|**Interest payments**|||
|**Totals**|£7813.50||
||||
|**IN**|||
|**OUT**|||
|**Balance year end**<br>**March 2025**|||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||
||||



2