MEDIC MALAWI CIO Registered Charity Number 1198394 Receipts and payments accounts for the Year ended 31 December 2024
MEDIC MALAWI INDEX TO THE ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2024 Trustees report for the year ended 31 December 2024 Independent examinerfs report for the year ended 31 December 2024 Receipts and payments attounts ststement of assets and liabilities at the end of the perii>d
MEDIC MALAWI TRUSTEES REPORT Year ended 31 December Z024 Reference and administrative Charity Number: 1198394 10 Cathedral Close Blackburn BBI SAA Struclure. governance and managernent The Tfustees during 2024 were: The Very Reverend Peter Howell-jones (Chair of Tru5teesl (Resigned 24 February 20251 Mrs Carolyn Bruce Mr William Duncan Mr Sean Keaney Ichair of Trustees) (Appointed 24 February 20251 Charitable incorporated organisation since 28 March 2022. Governing document dated 22 February 2022. erational Team During 2024 Medic Malawi employed one part time rnember of staff who oversaw and managed all the attivities of the charity and lead the work of liaising with our partners in Malawi. Objertives and artivities Our vision is to see a Malawi where everyone has the opportunity to thrive. Our aim is to empower and enable communities to create opportunities and sustainable solutions that promote: Better health and wellbeing Access to education Sustainable community development We have partnered with communtty-led organi5ations in Malawi since 2001 to deliver multiple infrastructure project5, healthcare projects and life-changing community development. Born from a passion to change lives, Medic Malawi has a strong history of impact-focused projects and programs. Our legacy has been to support the Anglican Diocese of Lake Malawi through the work of St Andrew's Hospital. This has seen an empty field transfornied into a busy Hospital and provides healthcare Services to thousands of people each year. Along with the hospital. our support forthe neediest individuals has assisted many vulnerable children within the community through the work of the AMAO vulnerable children support centre- following the reintegration of all the children ar)d young people back to their families at the end of 2023 our work supporting them ha5 coritinued through our partnership with Medicom Foundation and their
Roots of Hope program. Roots of Hope wa5 established specifically to support the children and their families who used to be resident at AMAO. We have a burning desire to build on our achievements; expand our work,. and see communities thrive across Malawi. The impact of our work ha5 shown that the support we deliver transfoms lives daily; however, the needs remain high. The dedicated work carried out since 2(KJi focussed primarily around two linked communities has brought results and shows that in partnership with communities and strategic partners. we can help support meaningful and sustainable change. New and developing partnerships mean we are now also bringing this approach to projects further afield. working in the Southern, Central and Northern Regions. As part of our strategy to further develop our work and build on our historical success at the start of 2024 in partnership with our existing Malawi based advisory board we established Medicom Foundation as a stand-alone local Non-Governmental Organi5ation INGOI registered with the Malawi government. Medicom Foundation has a majority Malawi-based board of Directors along with two UK based Directors. All of Medic Malawi's Malawi-based work is now delivered through Medicorn Foundation. Medicom Foundation is being established to strengthen in country oversight, governance and 5UStainability of all our work. The future of development in Malawi must lie with Malawians and establishing Medicom Foundation a5 a Malawian lead organisation will help irb our strategic journey towards a future of supporting Malawian lead development. The trustees have complied with the duty in section 4 of the 2CX)6 Art to have due regard to guidance on public benefit published by the Commission Achievements and erformance How we invested ourfundin in 2024. In 2024 we invested £58,771 on charitable activities and £15.997 wa5 invested in the support and fundraising costs that ensure we continue to transform lives in Malawi. Total Expenditure for 2024 was £74.768, our income for was £61,103. and $0 £13,665 was funded from reserves. Our expenditure on charitable activities was 79% of our total cost. As an organisation we work tirelessly to ensure every perbny we spend helps us deliver our vision and that we use our resources wisely to ensure we deliver a high level of impact with our partner organisations and our partner communities in Malawi. What we achieved in 2024: During 2024 wtth our in-country partners we delivered a wide range of activities 5UPPOrting: Better health and wellbeing Access to education Sustainable community development
The following table provides a summary of our key activities during 2024: Activity fitle Roots of Hope Umbrella Description The over-arching Roots of Hope project works to ensure vulnerable children are supported within their communities, with programmes to ensure they and their families receive the most appropriate and sustainable 5UPPOrt. In Partnership with Medicom Foundation we organized a training 5e55ion at the Lisasadzi Residential Training Centre, focusing on sustainable agricultural practices as well as child rights and protection. The training was facilitated by Subject matter specialists from the Ministry of Agriculture and the Social Welfare Departrnent. Roots of Hope: Food security As part of the project. certified maize seeds and fertilizer were provided to 21 caregivers. The training aimed to bridge the knowledge gap on child protection. particularly regarding the recent cases of child rights abuses and educational challenges. Additionally, caregivers were equipped with skills in productive faming to improve yields and enhance their livelihoods. A total of 44 rtifIed maize seed packets were distributed to the caregivers. Outcome5." Food securrty and incorne. becomin9 self- sustoining within three yeorsfor all porticipantfomAlies. Education.. focused on irnproving access to education, with the goal of enhancing literacy and numeracy, increasing educational attainment, and encouraging MO gir15 to stay in school. This objective was achieved through several kev initiatives, including: Educational support.- Providing writing materials and school uniforms, distributed through direct cash transfers Encoura9ement ond recognition.- Motivating children to work hard in school and rewarding those excelling academically Ro¢)ts of Hope: Education Program Outcome." Return to school of all children within the programme, plu5 siblings. Training caregivers in child protection, in partnership with Kasungu District Social Welfare and Medicom Foundation we supported a project to train the care givers of the families that are supported by the Roots of Hope program, to receive training in child protertion issues. Roots of Hope: Training Outcome.. better support and curefor the children ond young people in their care, within their communities rather thon in institutionolised core. As part of our on-going work with Chalizya School and followhng extensive consultation with school staff and village Chaliiya School
leaders we have in partnership with Medicom Foundation been able to 5UPPOrt the School with two additional teaching staff. Outcomes.. This simple intervention ha5 b005ted stoff to pupil rotios ond provided much needed extra teaching capocity. Medic Malawi has had a long partnership with Mtunthama Mothers Union, and we are able to support them in 2024 bv providing additional catering equipment. Mothers Unlon Mtunthama Outcomes." Supportfor community events ond providing food within the community. Supporting St Andrews Hospital with vital rnedical equipment has always formed part of our work and is Vital ensuring as many individuals benefit from our support as possible. St Andrew's operating theatres are fundamental ir) delivering healthcare across the district and are often used for patients referred from the district hospital in Kasungu. The ventilator used in the operating theatre could not be repaired effectively ir) Malawi so during one of our monitoring visits we were able to transport the machine back to the UK for repair at the manufacturer. Iwe have subsequently returned the machine in working order.) St Andrev/s Hospital: Medical Equipment Outcome." Functionolfundumentol equipment at reduced C05t5forsUStainable resource mt7nagement t7nd improved Service provision. Our long-term partnership with All Saints Secondary school continued through 2024 through provision of bursary support. to enable young people to remain in secondary education. All Saints Secondary School Outcome." Access to educt7tionfor vulneroble students. How 2024's artivities sit in relation to our on oin focus The account5 Show a significant shift in income. costs and balance of funds during this period. This is something that we were aware of and should be seen within our plans to re-focus on sustainability and in-country delivery. as well as in specific resF)onse to project profiles. Several other factors Should be considered in reviewing the discrepancy in income levels between 2023 to 2024. Fluctuating draw-down5 of Gift-aid give a non-linear income element- in 2023 MM also received also a large grant for capital works at Chalirya,. and we also received a considerable legacy donation within that year. These serve to exaggerate the reduction in income to 2024, but considering a 3 or 4 year period the average income has remained broadly consistent.
In the short tem, major capital projects deltvered from the UK have reduced to allow focus on establishing Medicom Foundation in Malawi. It has taken significant effort to do so: they have now become our in-country delivery and mon¢toring partner. This shifts project delivery activities to a local base. It has required initial and ongoing financial commitments but enables greater capacity for responsiveness. programming and impact analysis. Through Medicom Foundation we have established our Roots of Hope prograrnme. This has seen vulnerable children re-integrated into their homes and communities with sUPPOrt lafter the closure of AMAO orphanage). Roots of Hope was newly formed in 2024 but despite its infancy the increase in impact is immediately clear, and together with its modest running costs demonstrates more impart for less investment- that 15 to say. it is more efficient and effertive. mitigating our reduction in available funds. ROH also gives wider opportunities to offer sUPPOrt to newly identified candidate5 in 3 variety of ways, determined by local need. The farming strand has already been identified as ways of increasing ski115 and income. food security. and mental health. and MF are looking at how these wider comrnunity needs might be addressed. Our intention is that Medicom shifts slowly towards financial self-sufficiency. Support for finding in- country grants and other income is part of our programme. and in 2025 a new staff appointment is focussing on resource development. Our funding is shifting from hard-asset grants towards funding MF to deliver education, farming support and self-sufficiency. Over time these will reduce and give capacity for new strands to ROH and other capital projects. As we re-shape delivery such that MF delivers in-country programme5 including education and social welfare, alongside modest capital projert5, Mm's hands-on delivery of the day-to-day activities is reducing. Our efforts Since 2023 have been on establishing MF and its relationship with MM, to facilitate iys semi-autonomous activitie5, and free up capacity in the UK to re-energise our fund-raising and grant seeking work going forward. In 2025 we are currently looking at UK costs in the context of the redurtion in capital works and the changing face of Erant-funding. We are focussing on establishing a reduced 'running budget, and income target. to be supplemented by intermittent projett-specific fund-raising for capital works. Looking towards 2026, as MF start to self-fund the ROH project, this will require less financial support and will increase capacity in both countries. In the UK we intend to re-invigorate our fundraising and target capital projects that will be identified by MF through local identification of need.
Financial review Reserves Polic The Trustee5 have accepted a reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets I'the free reserves'l held by the charity should equate to the amount of certain obligations should the charity cease to operate. Trustees have agreed that the current free reserve amount of £72,385 would allow a minimum twelve month5 of normal operations. Minimum cash reserve amount has been agreed at three months. Risk Mana ement.. The trustee board has conducted its own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Internal procedures for authorisation of all transactions have been implemented by the charity to redu internal risks and these procedures are reviewed on a periodic basis to ensure they meet the needs of the charity- On Behalf o* the Trustees of Medic Malawi Sean Keaney. Chair of Trustees
INDEPENDENT EXAMINER'5 REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 I report to the trustees on my examination of the accounts of the above charity 1.the Trusv) for the year ended 31 December 2024 As the charity's trustees. you are reswnsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Acfl. report in respect of my examination of the Trusys accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. I have completed my examination. I confim that no material matters have come to my attention in connertion with the examination lother than that disclosed below .) which Elves me cause to believe that in, any material respect: the accounting record5 were not kept in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records- or 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. Signed.. Date: Mr M R Lancelev DJH Chester Limited Chester House Lloyd Orive Ellesmere Port CH65 9HQ
MEDIC MALAWI 31 DECEMBER 2024 RECEIPTS AND PAYMENTS ACCOUNTS T¢xal 2024 Totsl 2023 ZOZ4 ZOZ4 1024 Rewpts Otrtions¥ftd legacies A55et and investment sales 56.296 dA)7 61.103 121,239 Total Reteip 56.2% 4.807 61.ID3 121,247 Payrnents GraD15 i55ued to Medicom Foundatiory Wages- Malawi delivery a4mifMStration 3.2 31.358 19.197 5.016 22.397 6,374 37.855 44,052 Wage5- UKadminiStration Legal and wofe55ional costs Plarform charge5lfiTharKeard admin sy5tem51 Insu¢ Bank char¥es 9,579 3.897 L119 941 461 9,579 3.897 1.119 941 7,498 1.571 2.476 858 461 676 Total Payrnents 50.555 24.213 74.768 94.987 Net of re(Eypts1lpayrnent51 5.741 -k9.4C -13.665 26.260 Cash furlds last year ettd Other monetary assets last yearerHJ 51.545 15.1 66.645 102.193 15.100 117,29 91,033 Cash fundsthls yearend Other monary as5e15 thi5year ervj 31242 81.?50 21.878 103.628 2LA78 72,386 31.242 117,293 io
MEDIC MALAWI 31 DECEMBER 2024 STATEMENT OF ASSETS AND UABIUTIES ATTHE END OF THE PERIOD Total Z023 2024 2024 2024 2024 C•5h funds 81.750 81.750 102,193 Other tngnet6ry assets Gift Aid redaimable Travel company credit rhDte 19m8 2.7 19.088 2,7YJ 11.412 3,688 Total Other montary assets I78 2178 15.1fy) Total net a15 and liaE4lities 103.628 103.628 117.293 Signed on behalf of the Board of Trustees £ILQM[ Sean Keaney Chair of Trustees Date.. 2811012025 li