Charty regL8tralkn numbw. 1198222 Zalala Foundation AnNal Rewt and FDwKial Statements for lh8 Yow EThlod 31 D8c•rnber2024 WESTCOTTS CMA*TIW•D aCGOUMTAflT• • BU¥IN•SS aDVISIP4 Zalala Foundatlon Contents (contlnued) Refernnce Admlnlstralk4* Dstsw Tru&ees' Report 2to5 Indep#ndenl Exami￿8 Rewt Bala￿ Shest )t8s to the Flnonwl Statsmen16 91014 Zalal• Foundallon Referenc• and Admlnistrativè Detalls Twst89S'. Angela H8djlp*8ras kateri￿ Hadlipatsr86 ttrAl&x Shankiand Dr PatrfrAa Bam*t Catherkng mad(enZ￿ (4ppointsd S JaNary 2024) Cwlg Rob8rt8on do8 {appoirtad 9 May 2025) Charfty R•gl•tr•tlon Number 1198222 29 Pa￿1 Rood Lc￿dOn INIO &4N W•skn)tts {SW) LLP 47 BOu￿Ort Strggt Bamstsple Oevon £¥31 1SQ Prfn¢iyl Offlcè Indèpenrf¢(•t Examlner Page 1 Zalala Foundation Trustees. Report The trI￿teeS pr¢sent Ihg omual report tsgether the Ilnanfyal siatements of Ihe forlhe year end￿ 31 Dec8mber2024. ObJactlves •nd acllvlll•s ObJ•cts and alms The thartVs obj&#Ne b ts> th8 hards￿ poverty of tho$8 Ib¥￿9 in Mozamblqu& by provtdlng pra¢trc814nd flnandal a$s16t￿e0 to partneth9 orgonlBallon8 in Mozambbjuè. ObJ•¢llves. str•tsgies •nd•¢tfvltkns The Z81gla Foun(J8tion's adivities are aimed at imprvving loo] I￿elihoOd5 of moZam￿c8ns IMThJ In the province of Zarnbeziè through training. awarenèsHai5ing. in¢¢)me-gen&ralin9 SLlPPOrt and th8 provssv)n of essent￿1 Infr8slfU¢turè. induding edurati￿al, watw and health facililies. One ot our k prfOr￿1.es k% promol¥ig 9rf5.ernpowe￿ent and educallon at the l￿Mary and seu)ndary Fevel. The main acti￿lieS {d8SCfibed in detail in the next $8dl¢)n) ort: 1. Supporting literacy and èmpow8mi•nl Inibattves fory0￿g girfs •nd boys h local ¢4mmunNbs 2. sp￿Soring Se￿ndary and V￿a¢lo￿al education lor girl$ 8nd Iws 3. Pmwdlng health lacllitsO$ and se￿¢£S to th¢ commwf¢ks 4. Prowdlng access to ckan water S. Supporting swngs and Incom￿Ontra(1on acti￿lieS 6. Deepning the Zalala Foundalion's understanding oflrvolh)(•J 8tr¥t8gi98 tr10￿ ¢<￿￿Trun￿laS 7. Go-Fund me ￿mpaIgn to r8tw money for girl's edwation READING CORNERS: Supporting Iltera¢y and •mpow•Tm•nl Inltiattv•o for young 91rf5 nd boy• In local ¢ommuniti•S. The R&adll￿ Cornrs - ale spoces wher8 &Irf8 and boys in the IDcal communiues can meet on the we8kends to read tx)ok5 Icgeth8r urmler the facili181ion and guidarKe of Ihe Irdined stafi of the Fund￿ Zat8lH. The aim of the8e 8Wton8 is to d8veEop in chiklren the kive of reading in a rela¥8d 8nd 6tirnulalsng gnvironmwtt oul8Éde the school setting. These Bessions ar8 frdvourabfy Viewed and supN)rted by the school Lirectors kn both communilies as an e￿￿¥@ way of encourdging thlldren 10 develop Ihe ltsve of reading thrnugh guided Ses￿onS, games and discusslon. Thè sgssions are very wel attended and are Strongly wdo)rned by young girf5 and boys, as well as by teacher8, parents and local community legdern One 91 ourtrustetss, DrA8x Shankland, has donated many ofthe books and otharn ha￿ bBen donated by Save Ihe Chlldren and other kJcaJ vojuntsry orgwisalons. Attendancè levÈb are very hlgh- cm average 30140 kid$ per session and school leacher$ have noted a markod ImpgLX on reading perlormance among school kld8. Basad on th8 Frf)siIN¢ impac* and Stro￿ local interest arti￿0 children, schr¥J& and parents. Ilw• ses51ons wll be a)ntknwS for as I￿g as resourc￿ are avafiable. Spomorfng •0￿ndary and vocational •du¢•llon for Glrls: In 2024. Iha Zajala Fuundalicffi rthtinued yponsLYiThJ sel￿dary •duration of 7 giF15 from the local communities (one 3Jdly thopped out for health reasons). Throughout the sc*ool year. they slLtdled very hard and athmwd not*>l¢ improvom¢nt$ in their grade¥. Of the four girfs who have compleied thè 11th grade. throe decid8d to lako up nurse trakning and the fourth has detytled to complelg th9 12th gfftde in order to embark on a teactter training coum at the beLlnning ol noxt year. Sadly on? of the eighl sid5 had lo WAI oul of the school on accoltht of serious IEallh kwobkms. whlch perslsted even th rec4hving medical attention supported by the F(xu￿ation. Pag& 2 Zalala Foundatlon Trustees. Report (Continued) rts Actlvl$m aDd Empowernwnt In J￿Y 2024. Ihe group of secondary girfs suN>orted by the Foundalion. look part In an al￿ ¢Jay ev8nl at the Zarnbezk8 VIP Hotel In Qu8fimane. The maln 8lms of the event w¢re to in$piTO young peopte to roftect and act to wimote SOCAal justice in th￿1 ￿MmunitIes. The ovant was attended by NGO Tepre9entalivbs. uni¥•rsty academics and professors. mèmbers of AMME Ith• Assoclation of Women In EdutatK*n). ARZ {the Asso(aBtiorb of GNls' Gfottps in Zambei81 and ottprs. Each of the glr SIKinsoTed by the Foundation spoke on a 4frffeTerrt topic and rnntribut￿￿S werè ojmmentsd c and apprfjdaied by attendee8. In November 2024. these school￿￿S also took part in a WOTnen's conferenee mafvng the Intem811onal Fortnight Agan5t w￿1￿nce Aoainst Girfs. Each spoke xbout diffèreni forms of vw)lerhce - phy5Kal. psychologlcal, economic that girls and women are sul¥Eded lo and thoy spoke about th8 importarlce of speak￿9 up and reslstlng all Ihese forni8 of vlolerKo and wtsJkng together in solidarity. Waterlor Idu90 Community. In Marth. Ino Funda(*o Zalala facltstaled a woiecl Implemented by a y￿Up of parents and Children fron Dubai who came lo parb¢ipate In th8 L￿ildIng of a sokr-powtrred borehok and water larhk provhjing ¢kan w8tw lor school childr¢n and olhers one of Ihe most demety inhabited no19hbourhoods of Idugo Island. The Fundacao hglped to identify the proled and provided logistical and lethnkal support for tho implementstion of th8 prdeci In addit(on. Fundacao Zalala funded the tralning ol a Malntenancg Commlttee responslbJB for the ong(in9 mar7Buemenl and mainienance of the waler lower and lap* Tho a¥ailatrAlity of dean water for farmlng, drmking, cocAriry and other uses has been hugety wekomed 8fKI has m¥d• a POVdb* 0)ntrib￿n to th& hgallh and weware ot lo¢al c0rnmuni1l￿. FIeld￿aSed Ilvèllhoods res•areh In March 2(rL4. Catherlne M8¢*enzlg, o Tnjstee of the Za181a Foundation spent 8¢veral weeks n Quèllmarn in ordar to famliarise h•rsdfwith the FoL￿￿OISOn'S projecls and contribute hgr expert15• Dl riéld researth.over H &day ￿ri(￿j. shè undertook firsl-hand resean* in Idugo. acrx>mpanied by tt* Fund￿0 teaffl and Angela (the Foundalp)n Dlredoo lalklng to men and women 5alt-pan owners aThJ workefs to gain a mote in-depth understandin9 of Ihis livelilN)od 8Ctlvity and how it has changed over lime. Upon returniThJ lo the UK. she produced a detafled docurnent of the findin9s which has prts￿ded inv8knable insights. bolh for the Foundation and othor organisayons ojrrnntty exploring ways tsf supporbn9 tha INelihcrfJd$ of sampan owner In Idutrj. Water AmbulanG• and other fy8MPOrt•llon s•rvl Throughout 2024, th• F￿dar80'S motor-POWgr•d boat provided tran6P)rt Serv￿•5 for iho Fundgcao staff. school tea¢heTs, health wc*kets. ¥$ well as Se￿ing as an ambuSanea in cas8s of heal emergendes. The boal also fadlitated ￿SItS from the heallh mlnlstry and other govemment departfflents in w13t￿n 10 Specific tnlssions Df to the b)￿1 communIt￿8. Ongolng support for Cfvdit Y4nd Savlngs Groups In Idugo and SuplnhD Thr￿ghout 2024. the Fundaw Zalala providèd ongThng supeNbslon 8nd support for mdit and savings groups in Idugo and Supinhts almed at supporting small bu8in¢ss inittalives and prO￿lnu loan8 and credilon a rotaling bas￿, thereby helping W￿1¥￿1uals lo fvnd Small ¥¢ale invo¥tments. Zalala Foundation Trusteos. Report (eonlinued) AdTmcacy wlth dSJtrid ond provlnclal i•Adern and fundrnl8lng for a h￿91th1 for th• i51and of Idugo. Due io the lack of a gerwsl me¢JScal centr• on lh8 iStatHI ol Idy￿. Ihe Malèrnlty Cenlre. which was buill wilh lunds rai￿ by the Zalala Foundalkm, has be¢ome increasingly over-used to th? point of undermlning the exi6lng matemity serv1￿. Thu5, in 2024. lh8 Foundation launched a major lundrassing appeal lor the bukling of a general hospital to b4 built alorgs￿tt the malerntty centre c the Island. The Foundatty) h05téd a visit from the Embassy of Japan to see the pressu￿$ on thè malwnlty centrs flrsi-h¥nd aThJ to asse5S the need for 8 general heallh (entre. Following on from Ihls sit, a fiJThJing pmposal suixnitted to the Embassy ol Japan and fijnding tof the construction of ho801al In 2tr25 w48 appro¥ed. Publ1¢ b•nofit The Injstees conkn that they h8¥¢ complied wlth th¢ requirements of 8edran 17 of the Charltie$ A 2011 to havè due rega￿ to the publ¢ bonefit guldancg pU￿1￿hed by the Charity Commi85ion for England and Wal05. Gmntmaklngpo￿l•s Grants should be in li￿ wilh witciple6 Wtd ptlorttieB. which indudg s¢JpwUThJ healih pn>wmenls. girfs ernpowomient, $ust8inable lfvelihoods wth prioriry g¢ven lo th• communiiies of Idugo and suplrth. FlTr•nclal fvvlow was agreed Ihat 50% of tho annual cost of Ihe edu¢ational $ubsldie$ for giJ15 and boy5 should k8Pt in r85èrve to ensure th￿r ￿lUc4b0n conlÈnu8s lor a pèrtod of 6 months during which lim8 aKeffl8ltve sources of fundlng L*n be soughL This 1$ equiv81ent to £11.BW In 2025. Invesim•nlptili¢y•ndobJe¢tlv•s Such a politry w0￿d onty be ne8ded In thè evwt that wè a¢qulred a very large donatksn that was u￿Ik￿Y to te spent withwi a y￿r or l•ss. Thls Is fairty unllkety. Thus11 was agreed thal we do fiot an vgslmenl polry 81 present SINctUrni gov•rnanu and maq•gom•Dt R•ewifrp•nt and•ppoinlm•ntof rnASt The Charity bjenlifies the for n8w Trustee8, Ih15 may bo due to va¢xnL*s arf31￿ lo tesignafjon$ or due to a n8gd forlFu8lee8 a SpeC￿C sknII 8 Inductlon and trdlnlng Oltn￿lees New Trustees are Issued a rol8 woftalong IM Charity Comrnis8ton Essenllal Tw5te6 Guldè and TnJS1￿ Code of Cwduct. The and admiruslrntive dètals *8 listsd 1. The twstee5 who serve(I tha War are stsd on page 1. Gov•rnance. Int•rn•l ControlartdRl$k Manag•ment Tho trustees have rewewed thè m4or risk of the and have tsken aclion and estat4i8hèd systems whNJ) wdl mibgats knowrt risks. An poliw and p￿￿dureS ar8 updated regularty. Pag8 4 Zalala Foundatlon Trustw. Report (contlnued) stat•mgnt of Trust￿¥. R•8ponslbllltle The trustees a￿ responsibb for prepgrtng the trustees. report and the fin8ndal statements in ar¢Ordan￿ wslh the United King(kJm Accounling Standards Iunited Kingdom Gen8rally Accepted Accounting Pr8e￿) appE￿lIe law and regulations. The W applirabl8 to (*arfties re(wires the prepam financial ststements for each financAal y¢ar which give a true and tsir Mew of the state 01offairs of the Cho￿ #nd ol Ihe incombn9 resources and application of restswr&s of th• tharity for th¥t psiod. In prep￿5￿9 thes¢ fir¢anthl stst9monts. thg trust88s rnquirwj to.. 69l•Gt Sultsb￿ a￿UnIng polGies and then apply Ihem conslsten¥y. obsoNe the melhods #nd prlncloks in thg Charilies SORP: mak8judg•ments 8nd e8tkn8tes th8t We reas¢wbl8 * pNdenl: slate whother atvUc8ble &ixounikng stsndards have beèn lollowed. 8ut4ed to ￿Y matsrial d8partures dls¢*osod and oxp13in8d in th8 ffinandd slalemerts: prepgre Ihe finan￿al stathOrt5 ￿ the gowvJ con¢gm ba¥ls ￿185& it15 ￿ap1￿1*te io prewme that the cknarty wil Contin￿ in lyJsknes5. The Imste8s arè rgsponsibl• for koekmng accounthng recoids that dssclosg With raasonabla accuracy at 8ny time the financial prjsilion of the charity and enable them to engure that Ihe financial statements cDrnpty wilh the Ch￿Ttle$ Act 2Ql1. lh8 Charilios (A¢￿Unts and Reports) RsgulatyoTr$ 2008, and the provhsions ol the conslitutv)n. The tr[￿teeS are aL80 responsible f()r saleguarthng the a$¥ets of thg d￿lty and henc8 for taktng reasonable slep6 for the prevention #nd detection of fraud And olher irregJlarNt•s. The trustees are responslble for Ihe malntwwnce and Integrity ol ts corporate and finanaal information indudoa on the charitable ¢tympanfs webshe. Legtslatrffj go¥￿ning the preparntlon and disseminallon Offin￿GI01 statements may dfferfrom iegBlatI￿ kn othorjurf8thclion8. Tho arvwAI was by tho thisto06 of th• charity M ..... t*h8lf by. and $Sgned on its Angela Had Trustee Pws Zalala Foundation Independent Examlnerfs Report to the trustees of Zalala Foundatlon I report to the trustees on my wnmnatton of thé aC￿unts ol Zalala Foundation forthe yaw wdgd 31 Decpmbgr 2024. R•sponslbllltle$ and ba818 of v•port As the tharty trustges of Zala18 F(xmd8tron you 8re responslble fvjr thB prep8r8tjr￿ ofthe acco￿ts in aco)rdancewith the requirements of tho char￿6$ Act 2011 cthe Act. I report in respact of my examinatiDn of the Zalala FOurd8tiC￿ '$ s￿oUrts ¢8ryMd oui sèctiui 145 of iha 2011 Ac* and in (srrwng OLrt my examlnation I havo folltswad all the appb"C￿e [MreCt￿rn given ty the Gharity Comrnlssion $8thon 145(5)(b> ofthe Act. Ind¢p¢ndÈnt ordmln•rfs slatsmgnt I have completed my ex8mlnalK*I. l Gonltffli t1￿1 no m*•rMI matters have (¥m• to my att9nb(￿ connection with the exarninati¢Jn gl¥ing me ￿u¥•t{) bdeve th&t kn ma¢eriyl re5pecL . accounting records were not kept In respe(* of Zalala Foundation a8 requked ty sedon 130 of Ihè A¢ or 2. the awxmts do not aco)rd wilh those feoxth: or 3. thè acwunts do not CLKnpty with the 8￿QUAting roquirgmonts concaming thè fomi and conlenl of accounts set oui In the Chathes (Accounts and RÈp)rts) Regulalons 2LY)8 other than any fequlrement that the amjunts oivè a 'true al￿ lair which is nol a matter constder8d a5 part of an wHJep¥ndent exan￿811)n. I have no concerns have come ofvr rnattews In conneGlk)n with the exarninal￿ to wh￿h attention 8hcMJld be (h•Ym In IhL8 report kn ordef lo enab* a proper understanding of thg a¢counts to bè reached. Catharino Williwns FCA DChA IndepeThJent Examln8r Weslo)tts Iswi LLP 47 &Julport Street Barn5t8ple Dgvon EX31 1SQ Page 6 Zalala Foundation Statement of Flnancial Activltles for the Year Endod 31 DeGember 2024 Unmtrt¢ted R•¥trlctsd Totsl fund$ funds 2024 Totsl 2023 Nots InMm• and Endowments from: Donations and legaoes 1.615 .615 92,613 92,613 Tot81 In￿rne 90.615 90.615 Expèndhur• on: Ch8rftsbie ,01 .81 97.829 87.961 Tot81 exp8nditure N•t (expenditureYinc4>me Nel M0￿ment In fvnds Re¢oncnlatlon of ￿1￿$ Total funds knffjhtforw¥d Totalfvnds caThied lor4vwd 11 94.017 1181 97,829 87,961 3.402) 1812 .214 13.402) 13.812) 17,214) 15,813 12.411 1S.625 12,411 14,973 19.625 Al olthe tha￿8 aGtl¥ili88 ￿ert￿ from o)ntiNang operntlon8 durrt th¢ wrfods. The fund$ b￿akd¢}Wn for20231s shMI kn noto 11. The notos on pa9￿ 9 to 14 form an integral pall ofthese fmanaal statemgnts. Pag6 7 Zalala Foundatlon IReglstratlon number: 1198222) Balance Sheeta$ at 31 December 2024 2024 2023 Nol• Currenl a89ets Cash at bank and In hand 13,231 820 26.518 (8,8931 19,625 Ct8dltor4'. Amounts falllng du• wlthln year 10 etassets 12,411 Funds ofth• charity: Rwtrict8d Incomo fund• R•strfcted fijnds 3.812 Unm5tsiEt•d InGom• fund¥ Unfe8lrlcted funds 12,411 15,813 19.625 Total fund• 12,411 The Iln8nckl statuftents p4y•s 7 to 14 were opwov￿1 by Iho tnwt•os, and authoftsed lor Isgue on ¥..LC... and svJned on thelr b•hatf ty- Tw8te8 The nrAt¥ on pages 9 to 14 an inle9ral part of thesè ffimncial 8talements. P8ge 8 Zalala Foundatlon Notes to the FlnanGlal Statements for the Year Ended 31 December 2024 1 Ac¢ounting poltcie• st*tement of C¥ww. 7 Stsff co¥ts No saSarfes orwag88 havo ba•n paid lo dLrring ihe year. B Indwnd•nt •xamlwff* rwnun•ratlon 2024 2023 EXamv￿1*)n tsfthe flnancial 3tst¢ments 814 9 T•xatlon Tha ch8rity i# a rog￿t￿ed (*•rty and is thèrefore exempl from tsx81ion. Page 12 Zalala Foundation Notes to tho Flnan¢lal Statsments for the Year Ended 31 Decmnber 2024 (contlnued 10 GTrdltorn: amounts l•lling due wlthkn on• ￿#r 2024 2023 5.393 1,500 6.893 ACM￿18 820 820 11 Fund• BalaTrce at 1 January 2024 Balanu at A￿oU￿88 31 Decomber *xpend 2024 In¢ominll mour¢•• Unreslrfctsd fund$ Genernl General Funds 15.813 94.01 12,411 Totsl unro#trlct¢d funds 1&813 .615 (94.017) 12.411 R•¥triGted funds Fund•¢ao Zalala 3.812 Total fund5 19.825 97.829 12.411 Bal¥ne• at I Balan¢• at 31 Docembar 2023 ltheomlng r•sourc•¥ R•sources •xpend•d 2023 Unr¢•trl¢tsd funds Gr￿er#I Funts 1380) (6.1731 15.813 R•strictsd funds Fu￿th￿ Z81al8 15.353 81,788 3,812 Total fumds 14.973 87.961 19,62S The $peafic putPQS08 forwhw* the fvnds ¥¢ to be are as fol￿ay￿. Funda￿0 ZaFala. th06• donatiw are used to supp(xt a d￿rty In Mozamblquo. PwJe 13 Zalala Foundatlon Notes to the Flnancial Ststemants for the Year Ended 31 December 2024 (continued) 12 Analy81s of net a88•ts bètw••n fund* Total fvnds at31 Decèmber 2024 Unrestrl¢ted lunds Genornl Currsnt assets Currert Ilatslttigs 13.231 13,231 820 Total net as8ets 12,411 Totsl funds at31 DoG0mb•r 2023 Unr••trlctsd fund Gon•r#l R¢8trictod lund¥ Curroni assets Current liabifrt5os 22.706 3.812 28,518 6.893 Tot81 net 858ets 15.813 3.812 19,625 13 R•latsd p•rty transactlons rlng the yeor T￿￿1??% thn8ted £70,811 iW23'. £57,(￿)1 lo Ihe Charity. A8 at 31 Decernbw 2￿24 WI12023: £5,393) was owgd to a fTusiee ￿ respad of thè rg1mbu￿Men{ Ofexpen￿. P8ge 14