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2022-12-31-accounts

PARTNERS IN EDUCATION SWAZILAND (PIES) – Charity No 1119173

CHAIRMAN’S ANNUAL REPORT 2022

We started the year with a degree of optimism as the world began to eliminate the impacts of the COVID pandemic. In both the UK and Eswatini controls were being reduced and a feeling of normality was evolving. However, following the commencement of the war in Ukraine in February and the subsequent embargo on oil and gas supplies both UK and Eswatini were hit by rising prices and business closures. This impacted greatly on Eswatini producing high inflation and together with the continuing political unrest the national poverty level was raised to 70%. Consequently the centres took on more children and there was an increase in the demand for food parcels for the community and the aged.

Normality returned to the schools although the previous years of non-attendance had a significant effect on the students’ performance. Our sponsorship scheme continued to flourish.

The two centres returned to normal operations be it with increased numbers and the pre-schools flourished. The two co-ordinators and cooks are to be highly commended for ensuring the feeding project continued and the additional children were accommodated.

In May we were informed by our partners (SOS Children’s Villages) that they would be terminating their partnership involvement at the end of the year. This was a setback for the charity and to ensure continuity of service two Trustees visited the project in October with the prime objective of securing new partners. This objective is ongoing.

During the year the Trustees were able to hold fund-raising charity events and successfully obtain significant donations. This has enabled the finances to remain in a healthy situation despite the difficulties of COVID and the Ukraine war. It is hoped that Trustee membership can be refreshed by 2023.

My thanks go to the Trustees for their support and to Caroline Sullivan for maintaining the management structure at the Centres. I also wish to thank all donors and supporters for continuing to ensure we can fund the services. Without these individuals and organisations the children would suffer greatly under the continuous presence of poverty in Eswatini.

Norman Yates

Chairman – Partners in Education Swaziland

P ARTNERS IN EDUCATION SWAZILAND CIO Registered Charity 1195400

Receipts and Payments Accounts 1st January -31st December 2022

Opening Cash Balance
Transferred from charity 1119173
CAF Gold
Barclays
Nationwide
Total
RECEIPTS
Donations for the Care Centres
Fundraising
Gift Aid on Donations
Gift Aid on Sponsorship
Interest
Donation, Christadelphian Meal a Day Project
Sponsorship
Donation for Staff Gifts
Total Receipts
PAYMENTS
To PIES Swaziland
Msunduza Care Centre
Malagwane Care Centre
Christmas Parties and Gifts
SOS Food Parcels
Salvation Army Elderly Feeding
Maintenance for the centres
School Uniforms
Centre Staff Stipends
Bonus payments for Staff
Sponsorship and Admin fee
Swazi Bank Charges
For CIO
Insurance for CIO
Bank charges CAF Cash
Website Charges
Fundraising Expenses
Total Payments
Surplus for the year
Closing Cash Balance
£
20746.87
431.71
45852.65
£
67031.23 67031.23
11908.98
9041.04
1696.89
1949.79
700.40
10500.00
6347.16
108.00
42252.26 42252.26
13839.35
10447.32
669.75
2246.03
2246.03
701.84
955.24
574.08
300.56
5234.61
426.77
47.00
57.50
28.78
950.00
38724.86 -38724.86
3527.40
70558.63

Closing cash analysis, by bank

CAF
CAF Cash
Barclays
Nationwide
Total
22230.96
546.17
1302.77
46478.73
70558.63 70558.63

Closing cash analysis by fund

Funds for Care Centres
Christadelphian Meal a Day
Sponsorship
Shoes/Clothing
56554.37
7875.00
6110.41
18.85
Total 70558.63 70558.63

Independent examiner’s report to the Trustees of Partners in Education in Swaziland CIO

I report to the trustees on my examination of the accounts for the year ended 31 December 2022.

Responsibilities and basis of report

The trustees are responsible for the preparation of the accounts in accordance with the

requirements of the Charities Act 2011.

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act, and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:

I have no concerns and have come across no other matters in connection with the examination to

which attention should be drawn in order to enable a proper understanding of the accounts to be

reached.

J D Newell FCA

Chartered Accountant

7 Birchwood Drive, Wilmslow, SK9 2RL

26 August 2023