## **Trustees’ Report & Accounts**
## **EdUKaid Trustees’ Report & Accounts for the year ended 31 October 2025**
## **Administrative Details**
|Charity number:
1197242|Charity number:
1197242|
|---|---|
|Registered office:
1 Scotts Close||
||Downton|
||Salisbury|
||Wiltshire|
||SP5 3RA|
|Trustees:
Tim Varney – Chair||
||Rebecca Harwood Lincoln - Vice Chair|
||Jane Lucy Morgan|
||Jeremy Charles Richard Carter - Safeguarding|
||Nko Idorenyn Essien|
||Elise Marie Perraud|
||Nicholas Cusack|
|UK Banker:
HSBC||
||19 Minster Street|
||Salisbury|
||Wiltshire|
||SP1 1TE|
|Tanzanian Banker:
Exim Bank Ltd||
||Lindi House|
||Agakhan Rd|
||Mtwara|
||Tanzania|
Independent Examiner: Mrs Erica Parker FCCA Clifford Fry & Co Chartered Accountants St Mary’s House Netherhampton Salisbury SP2 8PU Tanzanian Auditor: CCB & Partners Certified Public Accountants Tanu Rd Nangwanda Stadium P.O. Box 1413 Tanzania
2
## **Structure**
EdUKaid was established in 2003 and operated as an unincorporated registered charity in the UK and a Non-government Organisation in Tanzania. EdUKaid registered as a Charitable Incorporated Organisation on 21 December 2021 for the purpose of carrying on the activities of EdUKaid as an incorporated body. EdUKaid completed the transfer of assets and liabilities on 31 March 2024.
## **Reporting Period**
The accounts in this report pertain to the period 1st November 2024 - 31st October 2025. The trustees report pertains to the period 1 November 2024 to 31 October 2025.
## **Governance**
EdUKaid recruits trustees in the UK with the skills and experience to ensure the charity carries out its activities effectively and efficiently. The trustees take an active interest in operational activities and remain informed through regular reports and six subcommittees and three full board meetings a year. The board of trustees regularly reviews its ‘fitness’ with reference to the charity’s purpose, plans, solvency, resilience, and governance.
Our Tanzanian board of trustees represents the communities in which we work with the skills and experience to inform strategy, advise on programme development, and provide operational oversight.
## **Objectives**
EdUKaid’s primary objectives are the advancement of education and training for children, teachers and the local community in Tanzania. We believe that through education individuals can achieve their full potential and develop the skills to make life choices.
## **Vision**
Our vision is for a world where every child has access to the education they need to realise their potential and attain the skills to improve their life chances.
## **Mission**
Our mission is to raise the quality of education and welfare in the Mtawa region Tanzania, thereby helping to eradicate poverty.
## **Core Values**
Our core values underpin all aspects of our activities:
- Community-led
- Sustainability
- Equality
- Inclusion
- Collaboration
## **Public Benefit**
The trustees have given due regard to the Charity Commission’s guidance on public benefit and have taken it into consideration when making decisions. This report provides a summary of our main activities undertaken in 2024-25 demonstrating our charitable purpose for the public benefit.
## **Safeguarding**
The trustees believe that the welfare of children and vulnerable individuals is paramount. The charity trains its programmes team and operates within the framework of comprehensive Safeguarding, Prevention of Sexual Abuse and Exploitation and Whistleblowing policies which clearly state how
2
incidents and allegations will be handled should they arise. Policies and practices are reviewed annually. EdUKaid is considered a leading organisation with regard to safeguarding in Tanzania and has been highly influential in improving stakeholder safeguarding practices across the districts in which we operate.
## **Activities**
EdUKaid works alongside communities in the southern Mtwara District of Tanzania. Our activities aim to reduce marginalisation, increase opportunity, and provide the most disadvantaged children with an education. Supporting particularly isolated communities, we develop sustainable solutions in partnership with local stakeholders - widening educational access and promoting a culture of inclusion.
Core activities include:
- **School and Community Capacity Building** aimed at providing teachers, community leaders and key education and welfare stakeholders with the skills they need to deliver a quality education.
- **Pre-primary Education** delivering early years education across 16 primary schools. Establishing community led pre-primary satellite classes and training teachers across the Mtwara District to deliver a child-friendly, play-focused education in government schools.
- **Inclusive Education** activities that improve access to education for adolescent girls covering menstruation education and children living with a disability, leading to dramatic improvements in enrolment, attendance, and academic attainment.
- **Primary School Development** renovating neglected environments, constructing classrooms, improving sanitation facilities, and promoting community engagement at some of the most disadvantaged government schools in Mtwara District leading to better health and improved learning outcomes.
- **Extra Tuition** supports children struggling to progress through the school system, improving learning outcomes and reducing dropout rates.
## **Risk Management**
EdUKaid recognises that development can only be achieved with an element of considered risk. Sound risk management is essential to its governance and to sustainable operation services. EdUKaid’s Risk Management Register and policy provides guidance on managing organisational risk to pursue the EdUKaid mission. The Trustees are satisfied adequate systems are in place to mitigate our exposure to major risks where possible.
## **Reserves**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Sufficient funds will be held in reserve to enable our core activities to continue over a period of 6 months.
## **Volunteers and In-Kind Support**
EdUKaid is grateful to its invaluable team of dedicated volunteers who provide support in fundraising, marketing, and administration activities. EdUKaid also benefits from in-kind office space and administrative support provided by our main corporate supporter, Doozy Life. This support reduces our UK overheads and helps to focus resources on delivering work in Tanzania.
## **Strategic Planning**
In consultation with stakeholders in both Tanzania and the UK, we conducted a strategic review in Nov 2024 we are now developing and operating a three year capacity building project working towards up-skilling all our team members by 2028.
3
## **Achievements**
EdUKaid continued to deliver a range of activities focusing on building capacity and improving educational outcomes for the disadvantaged children and communities in rural Mtwara, Tanzania:
## **Our impact in numbers : In 2024/2025**
- 31,138 children and young people accessed a quality, rights-based education or training, of which 18,673 are girls.
- 21,000 community members were empowered through training and consultation.
- 34,000 parents were more involved in their children’s education.
- 925 children with disabilities accessed a quality education.
- 4 Community libraries were built, resourced and maintained.
- 6228 new library visitors joined storytimes and reading books.
- 99% of preprimary children moved on to primary school / 1211 preprimary children moved to primary school.
- 31 preprimary teachers were trained in child centred, play based teaching methodologies.
- 11 young people were helped back into education through developing vocational skills.
## **Projects 2024 - 2025**
## **Pre-Primary Satellite - See attached Report**
## **Inclusion Project - See Attached Report**
## **Individual Support**
We continue to provide ongoing support for a small number of individual children including those with special educational and support needs. This support includes the provision of uniforms, resources, transport and specialist equipment which have been essential in ensuring that the most vulnerable and disadvantaged children have access to a safe and inclusive education.
## **Sustainability**
We aim to ensure that as many of our projects as possible are managed and run long-term by communities, making them sustainable and effective. This year we worked with 21,000 community members in rural communities across Mtwara Region to support training and setting up of community committees to oversee development. We have also trained parents in making school and learning materials for preprimary classes and to support home learning for children with disabilities.
4
On a regional level, in 2024 - 2025 we collaborated with government, education and community officers to implement and sustain our projects. This ensures that projects have local and regional buy-in and support.
## **Fundraising Performance**
In 2024 - 2025 we continued to generate income from a range of sources in line with our strategy to reduce reliance on any one single income stream.
Grant funding continues to represent our largest funding source with £162,954 of our income awarded by trusts and foundations . We are incredibly grateful to our funders and we are especially thankful to those that supported the growth of our work and impact studies over this last year .
Our corporate supporters and individual supporters have shown a great commitment to the children in Tanzania with Donations totaling £49,629 . In addition we are grateful to the businesses and individuals connected with the vending industry who raised an incredible £35,777 at the 14th annual Great vending get together.
5
## **Independent Examiner’s Report to the Trustees of EdUKaid Charitable Incorporated Organisation (“the CIO”)**
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 October 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Erica Parker FCCA
St Mary’s House Netherhampton Salisbury SP2 8PU
24 March 2026
6
## **EDUKAID**
## **Statement of Financial Activities for the year ended 31 October 2025**
|**Note**
**Incoming resources**
Donations and legacies
2a
Other trading activities
2b
Investments
2c
**Resources expended**
Raising funds
4a
Charitable activities
4b
Other
4c, 4e
**Reconciliation of funds**
15
15
**Net movement in funds**
Total funds brought forward
**Total funds carried forward**
**Net income/(expenditure)**
**Transfers between funds**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**2025**
**Total funds**
**2024**
**£**
**£**
**£**
**£**
25,934
190,199
216,133
210,910
42,642
-
42,642
39,019
52
-
52
61|
|---|---|
||68,628
190,199
258,827
249,990|
||14,560
-
14,560
14,355
59,343
144,290
203,633
201,146
9,397
559
9,956
11,552|
||83,299
144,849
228,148
227,053|
||(14,671)
45,350
30,679
22,937
-
-
-
-
(14,671)
45,350
30,679
22,937
110,972
37,780
148,752
125,815|
||96,301
83,130
179,431
148,752|
## **EDUKAID**
## **Balance Sheet**
## **for the year ended 31 October 2025**
|**Note**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
11
Total current assets
**Creditors: amounts falling due within**
**one year**
12
**Net current assets/(liabilities)**
**Total assets less current liabilities**
**Total net assets/(liabilities)**
**Funds of the Charity**
15
Restricted funds
Unrestricted funds
**Total funds**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**2025**
**Total funds**
**2024**
**£**
**£**
**£**
**£**
771 4,017 4,788
5,182|
|---|---|
||8,321 6,940 15,261
10,377
89,668 72,173 161,841
176,583|
||97,989 79,113 177,102
186,960
2,459 - 2,459
43,390
95,530 79,113 174,643
143,570
96,301 83,130 179,431
148,752|
||96,301 83,130
179,431
148,752|
||- 83,130 83,130
37,780
96,301 - 96,301
110,972|
||96,301 83,130 179,431
148,752|
Approved by the trustees on and signed on their behalf by:
T Varney - Chair of Trustees
## **EDUKAID**
## **Notes to the accounts for the year ended 31 October 2024**
## **Note 1 - Accounting policies**
## **a. Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with the Charities Act 2011, the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
The charity constitutes a public benefit entity as defined by FRS 102.
On 21 December 2021, EdUKaid, a Charitable Incorporated Organisation (CIO), was created. The net assets and liabilities of EdUKaid, registered number 1102613, were transferred to the CIO on 1 April 2024. Consolidated accounts have been prepared and the disclosures can be found in Note 17. Financial statements for the orginal EdUKaid charity can be obtained from 1 Scotts Close, Downton Business Centre, Salisbury, Wiltshire SP1 3RA.
## **b. Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for the 12 months following approval of these financial statements. Forecasted revenues, along with current reserves, are sufficient for the charity to be able to continue as a going concern.
## **c. Income recognition**
All income is included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, there is certainty that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## **d. Grants and donations**
Grants and donations are only included in the SOFA when there is evidence of entitlement to the grant, receipt is probable and the amount can be measured reliably. The majority of grants are restricted by the donor.
## **e. Tax reclaims on donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **f. Fundraising, donated goods and voluntary help**
Income from charitable fundraising is included when the income is certain and is decribed within the Trustees' Annual Report. The value of donated goods and voluntary help are not included in the accounts. Donated goods relate to gifted prizes for the Great Vending Get Together. Voluntary income is decribed in the Trustees' Annual Report.
## **g. Income from interest**
Income is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
## **EDUKAID**
## **Notes to the accounts for the year ended 31 October 2024**
## **Note 1 - Accounting policies cont…**
## **h. Liability recognition**
Liabilities are recognised once there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **i. Foreign transactions**
The charity objectives are carried out in Tanzania. Overseas transactions are converted to Sterling at the average monthly rate. Currency gains and losses are included within the profit and loss account when they arise. Assets and liabilities existing at the year end are valued at the rate of exchange prevailing at the year end date.
## **j. Governance and support costs**
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
## **k. Tangible fixed assets for use by charity**
Expenditure on office equipment and motor vehicles costing more than £100 is capitalised. Depreciation is provided on fixed assets at the following annual rates in order to write off each asset over it's useful life:
Freehold property No depreciation Office equipment Over three years Motor vehicles Over five years
No depreciation has been charged on the freehold property because the Trustees are of the opinion that the residual value is at least equal to book value.
## **l. Debtors**
Trade and other debtors are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **m. Creditors**
Creditors are recognised when an obligation exists from a past event and are measured at settlement amounts less any trade discounts.
## **n. Deferred income**
Deferred income is reported as a creditor when the income relates to activities or events that take place after the year in which the income is received.
## **o. Provisions for liabilities**
A contingent liability will be disclosed if a possible obligation arising from a past event will be confirmed by a future event or where the transfer of funds is not probable or the amount of the obligation cannot be measured reliably.
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## **EDUKAID Notes to the accounts for the year ended 31 October 2025**
## **Note 1 - Accounting policies cont…**
## **p. Basic financial instruments**
The charity has financial assets and liabilities of a kind that qualify as financial instruments. These are cash, debtors and creditors, which are initially recognised at transaction value and subsequently measured at their settlement value.
## **q. Reserves**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted funds are specifically restricted in purpose as specified by the donor and the amounts in the funds represent the monies still remaining for future expenditure.
## **Note 2 - Analysis of income**
|**a. Donations and legacies**
Donations and gifts - regular giving
Donations and gifts - individuals
Corporate donations
Gift Aid
General grants (Note 3)
**b. Other trading activities**
Great Vending Get Together
Other fundraising events
Other
**c. Income from investments**
Interest income
**TOTAL INCOME**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**£**
5,400 7,500 12,900 5,704 7,635 13,339
9,966 7,036 17,002 13,459 584 14,043
8,728 11,000 19,727 2,128 18,733 20,861
1,840 1,710 3,550 2,039 1,650 3,689
- 162,954 162,954 - 158,978 158,978
**2025**
**2024**|
|---|---|
||25,934 190,199216,133 23,330 187,580 210,910|
||35,777 - 35,777 30,804 - 30,804
6,762 - 6,762 8,215 - 8,215
104 - 104 - - -|
||42,642- 42,642 39,019 - 39,019|
||52 - 52 61 - 61|
||52- 52 61 - 61|
|||
||68,628 190,199 258,827 62,410 187,580 249,990|
## **EDUKAID**
## **Notes to the accounts for the year ended 31 October 2025**
## **Note 3 - Analysis of grants**
|**Note 3 - Analysis of grants**||
|---|---|
|States of Guernsey - Overseas Aid &
Development Commission
Acer Investments Limited
The Marr-Munning Trust
Educational Opportunity Foundation
Scott Bader Commonwealth Ltd
Berfred Foundation
Charles Hayward Foundation
Stewardship
Souter Charitable Trust
Score
Crane Merchandising Systems
KCCF Small Grant (PWCF)
Mrs R P Tindall's Charitable Trust
St Mark's Overseas Aid Trust
Gilchrist Ed|**2025**
**2024**
**£**
**£**
57,395
23,578
50,000 -
-
39,600
-
21,228
-
25,000
31,284
15,845
-
15,000
10,000
10,281
4,480 -
4,000
3,946
1,795 -
2,000
2,000
2,000 -
-
1,500
-
1,000|
||162,954 158,978|
## **EDUKAID**
## **Notes to the accounts for the year ended 31 October 2025**
## **Note 4 - Analysis of expenditure**
|**Note 4 - Analysis of expenditure**|||||||
|---|---|---|---|---|---|---|
|||**2025**|||**2024**||
||**Unrestricted**|**Restricted**||**Unrestricted**|
**Restricted**||
||**funds**|**funds**|**Total funds**|**funds**|**funds**|**Total funds**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|**a. Expenditure on raising funds**|||||||
|Fundraising events|9,874|-|9,874|8,576|-|8,576|
|Fundraising agents|276|-|276|216|-|216|
|Advertising and marketing|4,410|-|4,410|3,163|2,400|5,563|
||14,560|-|14,560|11,955|2,400|14,355|
|**b. Expenditure on charitable activities**|||||||
|**Overseas**|||||||
|Building / renovating schools and|||||||
|latrines|2,122|7,781|9,902|-|16,428|16,428|
|Local projects|373|225|598|-|38,844|38,844|
|Supply of resources for school use|-|14,259|14,259|-|14,489|14,489|
|Training|714|28,954|29,668|29|21,533|21,562|
|Teaching staff costs|2,140|24,445|26,585|4,625|21,831|26,456|
|Core staff costs|7,294|16,589|23,883|1,298|20,168|21,466|
|Other overseas costs|3,887|13,923|17,810|1,411|13,707|15,118|
|**UK**|||||||
|UK staff costs|37,422|37,937|75,359|6,060|37,568|43,628|
|Professional fees|3,987||3,987|-|-|-|
|Other UK costs|1,404|178|1,582|1,265|1,890|3,155|
||59,343|144,290|203,633|14,688|186,458|201,146|
|**c. Other**|||||||
|Insurances|1,296|-|1,296|721|223|944|
|Audit and accountancy costs|3,438|-|3,438|4,356|3,000|7,356|
|Bank and currency charges|4,195|-|4,195|2,223|152|2,375|
|Depreciation|553|559|1,112|355|455|810|
|Other|(85)|-|(85)|67|-|67|
||9,397|559|9,956|7,722|3,830|11,552|
||||||||
|**TOTAL EXPENDITURE**|83,299|144,849|228,148|34,365|192,688|227,053|
## **EDUKAID**
## **Notes to the accounts for the year ended 31 October 2025**
## **Note 5 - Support and Governance costs allocated to activities**
|**Support**
Training
Other costs
**Governance**
Insurances
Audit and accountancy costs
**Total**
**Note 6 - Examination fees**
UK Auditors remuneration
Independent examiner’s fees
Other services
Overseas auditors remuneration
**UK**
Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
**Overseas**
Salaries and wages
Social security costs
Pension costs
Other employee benefits
**Amount paid to key personnel**
Key Management
Trustees
There were no employees whose remuneration was £60,000 or more.
The average number of employees were:
UK
Overseas
**Note 7 - Salaries and Wages**|**2025**
**2024**
**£**
**£**
917 339
2,703 203
1,296 944
311 423|
|---|---|
||5,227 1,909|
||**2025**
**2024**
**£**
**£**
- -
- -|
||311 423|
||**2025**
**2024**
**£**
**£**
72,930 42,135
- -
2,429 1,493|
||75,359 43,628|
||43,552 41,293
4,163 3,898
211 196
2,542 2,535|
||50,468 47,922|
||33,578 38,154
- -|
||4 2
40 41|
||44 43|
## **EDUKAID Notes to the accounts for the year ended 31 October 2025**
## **Note 8 - Defined contribution pension scheme**
The charity contributes to a defined contribution scheme for all qualifying UK employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The annual charge is allocated to funds in proportion to the salary charged against each fund. During the year the pension cost charge amounted to £2,429 (2024 - £1,493). Contributions totalling £234 (2024 - £181) were payable to the scheme at the year end.
## **Note 9 - Tangible fixed**
|**Cost**
As at 1 November
Additions
Disposals
As at 31 October
**Depreciation**
As at 1 November
Depreciation
Written back on disposal
As at 31 October
**Net book value**
As at 1 November 2024
As at 31 October 2024
**Note 10 - Debtors and prepayments**
Trade debtors
Other debtors
Prepayments and accrued
income
**Note 11 - Cash at bank and in hand**
Cash at bank and in hand|**Freehold land**
**£**
2,963
-
-|**Office**
**Motor**
**Total**
**£**
**£**
**£**
6,730 1,524 11,217
718 - 718
-
(727)
(727)|
|---|---|---|
||2,963|7,448 797 11,208|
||-
-
-|4,790 1,245 6,035
953 159 1,112
-
(727)
(727)|
||-|5,743 677 6,420|
||2,963|1,940 279 5,182|
||2,963|1,705 120 4,788|
|||**2025**
**2024**
**£**
**£**
1,244 5,822
3,885 1,969
10,132 2,586
15,261 10,377
**2025**
**2024**
**£**
**£**
161,841 176,583|
## **EDUKAID Notes to the accounts for the year ended 31 October 2025**
## **Note 12 - Creditors and accruals**
|**Note 12 - Creditors and accruals**||
|---|---|
|**Amounts falling due within one year**
Trade creditors
Deferred income (Note 13)
Accruals
Taxation and social security
Other creditors|**2025**
**2024**
**£**
**£**
190 2,226
- 36,432
893 3,001
234 1,550
1,142 181|
||2,459 43,390|
## **13 - Deferred income**
Deferred income relates to grant income received in relation to projects commencing in the next financial year.
|**Movement in deferred income account**
Balance at 1 November
Amounts added in current period
Amounts released to income from previous periods
Balance at 31 October|**2025**
**2024**
**£**
**£**
36,432 43,300
- 36,432
(36,432)
(43,300)|
|---|---|
||- 36,432|
## **Note 14 - Fair value of assets and liabilities**
For details of the charity's exposure to risk arising from financial instruments, please refer to the reserves policy statement in the Trustees Report.
## **Note 15 - Movement in funds**
## **a. 2025**
|**a. 2025**||
|---|---|
|**Restricted Funds**
School development projects
Inclusion project
Library project
Income Skills project
Pre primary satellite projects
Heshima Nanyamba
Quinton Pitt Edukaid House Playscheme
Other restricted funds
**Unrestricted funds**
**Total Funds 2025**|**Funds at**
**1 November**
**2024**
**Income**
**Expenditure**
**Funds at**
**31 October**
**2025**
**£**
**£**
**£**
**£**
346
-
(243)
103
3,064 -
(3,064)
-
18,055
5,239
(23,294)
-
9,068 -
(9,068)
-
(223)
85,234
(67,583)
17,428
-
50,000
-
50,000
-
14,480
(7,980)
6,500
7,470
35,246
(32,689)
10,027
110,972
66,758
(83,636)
94,094|
||148,752
256,957
(227,557)
178,152|
## **EDUKAID Notes to the accounts for the year ended 31 October 2025**
## **Note 15 - Movement in funds cont…**
## **b. 2024**
|**b. 2024**||
|---|---|
|**Restricted Funds**
School development projects
Inclusion project
Library project
Income skills project
Pre primary satellite projects
Other restricted funds
**Unrestricted funds**
**Total Funds 2024**|**Funds at**
**1 November**
**2023**
**Income**
**Expenditure**
**Funds at**
**31 October**
**2024**
**£**
**£**
**£**
**£**
13,136
20,281
(33,071)
346
-
60,828
(57,764)
3,064
23,578
52,078
(57,601)
18,055
-
15,000
(5,932)
9,068
799
15,845
(16,867)
(223)
5,375
23,548
(21,453)
7,470
82,927
62,410
(34,365)
110,972|
||125,815 249,990
(227,053) 148,752|
Funds are used for the following purposes: School development projects
Renovating and resourcing school buildings to provide safe and vibrant learning environments which will improve educational outcomes, including the renovation and resourcing of our village-based Community Centre which provides a programme of extracurricular activities and a space for children to develop a love of reading.
Inclusion project Delivering a programme of activities which ensure that educators and officials have the skills, knowledge and confidence to provide an inclusive primary education and supporting communities to develop a positive attitude towards gender and disability.
Library project
Income skills project
Pre primary satellite projects
Heshima Nanyamba
The construction of 4 volunteer-led Community Libraries at 4 central Mtwara schools offering a range of activities to develop an independent reading culture, improve literacy and numeracy skills, promote healthy life-choices, encourage parents to improve their own basic skills and bring communities together in a safe and inclusive setting.
Delivering a programme of activities providing girls who have dropped out of school with the skills they need to earn money.
Continuation of our Pre-primary Satellite Project launched in January 2023, establishingclasses in remote villages benefiting children who would otherwise be unable to access a pre-primary education due to distance from school. Empowering girls with knowledge about their bodies and rights, to change harmful community attitudes toward gender and education and equip educators/community leaders with tools to foster inclusive education and equality across the Nanyamba district.
Quinton Pitt Edukaid House Playscheme Pilot scheme to establish a parent-led and community-owned playscheme at EdUkaid House providing a vibrant learning environment to deliver play based activities to promote school readiness.
Other restricted funds A range of activities aimed at improving educational opportunities and academic outcomes for disadvantaged children living in Mtwara.
## **EDUKAID Notes to the accounts for the year ended 31 October 2025**
## **Note 16 - Related parties**
The Chair of Trustees, Timothy Varney, is a director of Revive Vending Limited. The company donated £11,600 (2024 - £600) to EdUKaid during the year. Bookkeeping services were provided to EdUKaid amounting to £5,776 (2024 - £6,933). No profit was made on this transaction.
None of the Trustees, or any persons connected with them, received any remuneration or reimbursed expenses in either year.
## **Note 17 - EdUKaid merger**
On 21 December 2021, EdUKaid, a Charitable Incorporated Organisation (CIO), was created. The net assets and liabilities of the original charity, EdUKaid, registered number 1102613, were transferred to the CIO on 1 April 2024. Financial statements for the orginal EdUKaid charity can be obtained from 1 Scotts Close, Downton Business Centre, Salisbury, Wiltshire SP1 3RA.
## **a. Analysis of SOFA for 2024**
|Total income
Total expenditure
**Net movement in funds**|**EdUKaid**
**EdUKaid CIO**
**EdUKaid CIO**
**Total**
**to 31.03.24**
**to 31.03.25**
**from 01.04.25**
**£**
**£**
**£**
**£**
82,475
-
167,515
249,990
77,006
14,121
135,926
227,053|
|---|---|
||5,469
(14,121)
31,589
22,937|
## **b. Net assets at transfer**
|**b. Net assets at transfer**||
|---|---|
|Net assets
Represented by:
Unrestricted funds
Restricted funds
**Total funds**|**EdUKaid**
**EdUKaid CIO**
**Total**
**£**
**£**
**£**
107,706
9,457
117,163|
||82,011
-
82,011
25,695
9,457
35,152|
||107,706
9,457
117,163|
## **Trustees’ Report & Accounts**
## **EdUKaid Trustees’ Report & Accounts for the year ended 31 October 2025**
## **Administrative Details**
|Charity number:
1197242|Charity number:
1197242|
|---|---|
|Registered office:
1 Scotts Close||
||Downton|
||Salisbury|
||Wiltshire|
||SP5 3RA|
|Trustees:
Tim Varney – Chair||
||Rebecca Harwood Lincoln - Vice Chair|
||Jane Lucy Morgan|
||Jeremy Charles Richard Carter - Safeguarding|
||Nko Idorenyn Essien|
||Elise Marie Perraud|
||Nicholas Cusack|
|UK Banker:
HSBC||
||19 Minster Street|
||Salisbury|
||Wiltshire|
||SP1 1TE|
|Tanzanian Banker:
Exim Bank Ltd||
||Lindi House|
||Agakhan Rd|
||Mtwara|
||Tanzania|
Independent Examiner: Mrs Erica Parker FCCA Clifford Fry & Co Chartered Accountants St Mary’s House Netherhampton Salisbury SP2 8PU Tanzanian Auditor: CCB & Partners Certified Public Accountants Tanu Rd Nangwanda Stadium P.O. Box 1413 Tanzania
2
## **Structure**
EdUKaid was established in 2003 and operated as an unincorporated registered charity in the UK and a Non-government Organisation in Tanzania. EdUKaid registered as a Charitable Incorporated Organisation on 21 December 2021 for the purpose of carrying on the activities of EdUKaid as an incorporated body. EdUKaid completed the transfer of assets and liabilities on 31 March 2024.
## **Reporting Period**
The accounts in this report pertain to the period 1st November 2024 - 31st October 2025. The trustees report pertains to the period 1 November 2024 to 31 October 2025.
## **Governance**
EdUKaid recruits trustees in the UK with the skills and experience to ensure the charity carries out its activities effectively and efficiently. The trustees take an active interest in operational activities and remain informed through regular reports and six subcommittees and three full board meetings a year. The board of trustees regularly reviews its ‘fitness’ with reference to the charity’s purpose, plans, solvency, resilience, and governance.
Our Tanzanian board of trustees represents the communities in which we work with the skills and experience to inform strategy, advise on programme development, and provide operational oversight.
## **Objectives**
EdUKaid’s primary objectives are the advancement of education and training for children, teachers and the local community in Tanzania. We believe that through education individuals can achieve their full potential and develop the skills to make life choices.
## **Vision**
Our vision is for a world where every child has access to the education they need to realise their potential and attain the skills to improve their life chances.
## **Mission**
Our mission is to raise the quality of education and welfare in the Mtawa region Tanzania, thereby helping to eradicate poverty.
## **Core Values**
Our core values underpin all aspects of our activities:
- Community-led
- Sustainability
- Equality
- Inclusion
- Collaboration
## **Public Benefit**
The trustees have given due regard to the Charity Commission’s guidance on public benefit and have taken it into consideration when making decisions. This report provides a summary of our main activities undertaken in 2024-25 demonstrating our charitable purpose for the public benefit.
## **Safeguarding**
The trustees believe that the welfare of children and vulnerable individuals is paramount. The charity trains its programmes team and operates within the framework of comprehensive Safeguarding, Prevention of Sexual Abuse and Exploitation and Whistleblowing policies which clearly state how
2
incidents and allegations will be handled should they arise. Policies and practices are reviewed annually. EdUKaid is considered a leading organisation with regard to safeguarding in Tanzania and has been highly influential in improving stakeholder safeguarding practices across the districts in which we operate.
## **Activities**
EdUKaid works alongside communities in the southern Mtwara District of Tanzania. Our activities aim to reduce marginalisation, increase opportunity, and provide the most disadvantaged children with an education. Supporting particularly isolated communities, we develop sustainable solutions in partnership with local stakeholders - widening educational access and promoting a culture of inclusion.
Core activities include:
- **School and Community Capacity Building** aimed at providing teachers, community leaders and key education and welfare stakeholders with the skills they need to deliver a quality education.
- **Pre-primary Education** delivering early years education across 16 primary schools. Establishing community led pre-primary satellite classes and training teachers across the Mtwara District to deliver a child-friendly, play-focused education in government schools.
- **Inclusive Education** activities that improve access to education for adolescent girls covering menstruation education and children living with a disability, leading to dramatic improvements in enrolment, attendance, and academic attainment.
- **Primary School Development** renovating neglected environments, constructing classrooms, improving sanitation facilities, and promoting community engagement at some of the most disadvantaged government schools in Mtwara District leading to better health and improved learning outcomes.
- **Extra Tuition** supports children struggling to progress through the school system, improving learning outcomes and reducing dropout rates.
## **Risk Management**
EdUKaid recognises that development can only be achieved with an element of considered risk. Sound risk management is essential to its governance and to sustainable operation services. EdUKaid’s Risk Management Register and policy provides guidance on managing organisational risk to pursue the EdUKaid mission. The Trustees are satisfied adequate systems are in place to mitigate our exposure to major risks where possible.
## **Reserves**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Sufficient funds will be held in reserve to enable our core activities to continue over a period of 6 months.
## **Volunteers and In-Kind Support**
EdUKaid is grateful to its invaluable team of dedicated volunteers who provide support in fundraising, marketing, and administration activities. EdUKaid also benefits from in-kind office space and administrative support provided by our main corporate supporter, Doozy Life. This support reduces our UK overheads and helps to focus resources on delivering work in Tanzania.
## **Strategic Planning**
In consultation with stakeholders in both Tanzania and the UK, we conducted a strategic review in Nov 2024 we are now developing and operating a three year capacity building project working towards up-skilling all our team members by 2028.
3
## **Achievements**
EdUKaid continued to deliver a range of activities focusing on building capacity and improving educational outcomes for the disadvantaged children and communities in rural Mtwara, Tanzania:
## **Our impact in numbers : In 2024/2025**
- 31,138 children and young people accessed a quality, rights-based education or training, of which 18,673 are girls.
- 21,000 community members were empowered through training and consultation.
- 34,000 parents were more involved in their children’s education.
- 925 children with disabilities accessed a quality education.
- 4 Community libraries were built, resourced and maintained.
- 6228 new library visitors joined storytimes and reading books.
- 99% of preprimary children moved on to primary school / 1211 preprimary children moved to primary school.
- 31 preprimary teachers were trained in child centred, play based teaching methodologies.
- 11 young people were helped back into education through developing vocational skills.
## **Projects 2024 - 2025**
## **Pre-Primary Satellite - See attached Report**
## **Inclusion Project - See Attached Report**
## **Individual Support**
We continue to provide ongoing support for a small number of individual children including those with special educational and support needs. This support includes the provision of uniforms, resources, transport and specialist equipment which have been essential in ensuring that the most vulnerable and disadvantaged children have access to a safe and inclusive education.
## **Sustainability**
We aim to ensure that as many of our projects as possible are managed and run long-term by communities, making them sustainable and effective. This year we worked with 21,000 community members in rural communities across Mtwara Region to support training and setting up of community committees to oversee development. We have also trained parents in making school and learning materials for preprimary classes and to support home learning for children with disabilities.
4
On a regional level, in 2024 - 2025 we collaborated with government, education and community officers to implement and sustain our projects. This ensures that projects have local and regional buy-in and support.
## **Fundraising Performance**
In 2024 - 2025 we continued to generate income from a range of sources in line with our strategy to reduce reliance on any one single income stream.
Grant funding continues to represent our largest funding source with £162,954 of our income awarded by trusts and foundations . We are incredibly grateful to our funders and we are especially thankful to those that supported the growth of our work and impact studies over this last year .
Our corporate supporters and individual supporters have shown a great commitment to the children in Tanzania with Donations totaling £49,629 . In addition we are grateful to the businesses and individuals connected with the vending industry who raised an incredible £35,777 at the 14th annual Great vending get together.
5
## **Independent Examiner’s Report to the Trustees of EdUKaid Charitable Incorporated Organisation (“the CIO”)**
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 October 2025.
## **Responsibilities and basis of report**
As the charity’s trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Erica Parker FCCA
St Mary’s House Netherhampton Salisbury SP2 8PU
24 March 2026
6