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2023-12-31-accounts

PARTNERS IN EDUCATION SWAZILAND (PIES) CIO – CHARITY NO 1119173

CHAIRMAN’S ANNUAL REPORT 2023

2023 has been a year of change for the charity. Having lost our current partners in Eswatini (SOS Children’s Villages), we operated independently during the first part of 2023. The Centre Coordinators adjusted well to the changes and continued to ensure the children remained well fed and cared for. In September Trustees secured a successful partnership arrangement with the Mbabane City Council and utilised their local knowledge and relationships with the communities to solidify our combined objectives.

The aftermath of COVID together with the continuing political unrest and consequential inflation has impacted on the centres operations. In particular, food prices have increased by 50%. However, we have continued to provide a “meal a day” for 220 children.

The centres continue to expand the business projects. Both the bee keeping and sewing projects are now contributing substantially towards energy costs at the centres. The gardening project utilises all the available land around the centres to produce vegetables for feeding the children with surpluses being sold on street stalls.

Our sponsorship scheme continues to support the education of circa 40 children in primary and high school. Education in Eswatini has returned to normal operation but with increasing pressure on school finances.

We continue to support vulnerable families in the community with monthly food parcels. Many of the recipients are the guardians of the children attending the centres. The charity also provides food parcels for the elderly people attending the Salvation Army feeding project. The numbers requiring this service is increasing with 70% of the population now living below the world poverty level.

The Trustees continue to hold fundraising charity events and in conjunction with generous donations, the charity is able to maintain the necessary level of support. Finances remain in a healthy position.

I thank the Trustees, Eswatini Committee, Mbabane City Council, the Salvation Army and the coordinators/cooks at the centres together with donors, for the exceptional support they have given throughout the year.

Norman Yates Chairman – Partners in Education Swaziland

Receipts and Payments Accounts Lst Jan.-31stDec.2022 Lst Jan.-31stDec.2022 1st Jan,-3LstDec,2023
OpeningCashBalance g g f g
CAFGoId 20746.87 22234.96
CAFCash 0.00 s46.17
Barclays 431.7L 1302.77
Nationwide 45852.65 46478.73
Total 6703',t.2367031.23 70558.63705s8.53
RECEIPTS
DonationsfortheCare Centres 11908.98 10799.60
Fundraising 904L.O4 2450.00
Gift Aid onDonations 1696.89 L389.14
Gift Aid onSponsorship 1949.79 1,109.79
Interest 700.40 t666.24
Donation Christadelphian MealaDay 10s00 0,00
Sponsorsh ip 6347.1,6 5972.16
DonationforStaffGifts 108.00 0.00
TotalReceipts 23385.9323386.
PAYMENTS
ToPIESSwaziland
Care Centres 31980.2 29068.18
SponsorshipandAdminfee 5234.61, 7797.19
Swazi BankCharges 426.77 385.30
ForCIO
lnsuranceforCIO 47.00 187,t9
Bank chargesCAFCash 57.50 65,00
WebsiteCharges 28.78 0.00
FundraisingExpenses 950.00 200.00
TotalPayments 38724.86 -38724.86 37702.86 -37702.86
Surplus/(Deficit)for theyear 3527.4C (-1431s.931
ClosingCash Balance 56242.
Closingcashanalysis,bybank
CAF 22230.96 CAF 7306.62
CAFCash 546.17 CAFCash 569.86
Barclays 1.302.77 Barclays 540.75
Nationwide 46478.73 Nationwide 47825.47
Total 70558.63 Total 56242.7A
Closingcashanalysis byfund
FundsforCare Centres 56554.37 FundsforCare Centres 53847.53
Christadelphian Meal aDay 7875.00 ChristadelphianMeal aDay -3000.00
Sponsorship 61,10.41 Sponsorship 5395.17
Shoes/Clothinq 18.85
Total 70558.63 Total 56242.7A