TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
SOMERBYS LIMITED
CHARTERED ACCOUNTANTS 30 NELSON STREET LEICESTER LE1 7BA
TZABA Annual Report 2021
Page 1
TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
| CONTENTS | |
|---|---|
| Page | |
| Charity Details | 3 |
| Annual Report | 4 |
| Independent Examiner’s Report to the Trustees | 5 |
| Receipts and Payments Accounts | 6 |
| Statement of Assets and Liabilities | 7 |
| Notes to the Accounts | 8 |
TZABA Annual Report 2021
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TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
CHARITY DETAILS
CHARITY REGISTRATION NO: 00238146
Trustees: Reverend Canon Carl Garner Chairman Venerable Lionel Whatley Vice Chairman Mrs Joanna Barton Mrs Rachel Campbell (nee Kamangira) Secretary Mr Andrew Elsworth Treasurer Mr Martin Robert Kenyon
Registered Office: 10 Lurkins Rise Goudhurst Kent TN17 1ED
Independent Examiner: Mr A M West FCA Somerbys Limited 30 Nelson Street Leicester LE1 7BA
Charity Objective:
To support the Anglican Dioceses of northern South Africa, Zimbabwe and Botswana through prayer, finance and communication.
TZABA Annual Report 2021
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ANNUAL REPORT YEAR ENDED 31 DECEMBER 2021
Administration Details
The Trans-vaal Zimbabwe & Botswana Association is a registered Charity. The Registered Office and Charity Registration Number are shown above. It is also known as TZABA.
Structure, Governance and Management
The Trans-vaal Zimbabwe & Botswana Association is governed by a constitution adopted on the 16 October 1935, and amended 29 June 1967, 12 June 1980, 15 January 2008 and 8 July 2009.
Organisation
The Charity is administered by the Trustees as listed above. The Trustees meet at least once a year. They are satisfied with the results for the year, the level of reserves and the ability of the Charity to meet its liabilities when they fall due.
Public Benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s Aims and Objectives and in planning future activities.
Financial Review
The ongoing Covid-19 pandemic has continued to disrupt the planned programme of activities in the UK of the Charity, with the cancellation again of the AGM. However, the provision of support to the Dioceses and other organisations has not been hindered. Further grants of £400 to help the Dioceses have been provided, and support has also been sent to selected projects.
During the year a substantial bequest from the estate of a long standing supporter, Mrs Jill Hetherington of over £127,000 has significantly increased the reserves of the Charity. In total, therefore, the Charity’s funds have increased by £128,490 to a total of £332,070.
The Trustees are confident that the Charity can meet its obligations.
Signed On behalf of the Trustees
Date:
TZABA Annual Report 2021
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TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
Independent Examiner’s Report to the Trustees
Year Ended 31 December 2021
I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021 which are set out on the accompanying pages.
Responsibilities and basis of report
As the charity’s trustees 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 charity’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.
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 giving me cause to believe that in any material respect:
-
Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
The accounts do not accord with those records.
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.
AM West, FCA
Date:
Somerbys Limited
Chartered Accountants 30 Nelson Street Leicester LE1 7BA
TZABA Annual Report 2021
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TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
Receipts and Payments Account
Year Ended 31 December 2021
Receipts
| Note |
2021 |
2020 | |
|---|---|---|---|
| £ | £ | ||
| Investment Income | 1 | 4,507 | 4,812 |
| Donations Received | 2 | 10,265 | 8,587 |
| Receipts from Fundraising | 3 | 100 | 215 |
| Other Income | 4 | 128,443 | 4,144 |
| TOTAL RECEIPTS | 143,315 | 17,758 | |
| Payments | |||
| Note |
2021 |
2020 | |
| £ | £ | ||
| Charitable Expenditure | 5 | 12,806 | 11,590 |
| Administrative Expenses | 6 | 546 | 867 |
| TOTAL PAYMENTS | 13,352 | 12,457 | |
| Net Receipts for the Year | 129,963 | 5,301 | |
| Bank Balances at 31 December 2020 | 66,538 | ||
| Bank Balances at 31 December 2021 | 196,501 |
TZABA Annual Report 2021
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TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
Statement of Assets and Liabilities
As at 31 December 2021
| Note | 2021 | 2020 | |
|---|---|---|---|
| £ | £ | ||
| Monetary Assets | |||
| Bank Accounts | |||
| Charity Aid Foundation Cash Account | 160,802 | 30,842 | |
| Charity Aid Foundation Gold Acc 1 | 15,385 | 15,384 | |
| Charity Aid Foundation Gold Acc 2 | 20,314 | 20,312 | |
| Sub Total Bank Accounts | 196,501 | 66,538 | |
| Other Assets | |||
| Investments | |||
| M&G Charifund No 1 Account | 28,256 | 24,922 | |
| M&G Charifund No 2 Account | 2,544 | 2,244 | |
| CAF Fixed Interest Fund Income | 104,768 | 109,876 | |
| Sub Total Investments | 135,568 | 137,043 | |
| Total Assets | 332,069 | 203,581 |
The Charity has no Liabilities and owns no property.
TZABA Annual Report 2021
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TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION
Notes to the Balance Sheet
For the year ending 31 December 2021
NOTE 1:
| NOTE 1: | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Investment Income Receipts | ||
| M&G Charibond Account 1 Interest | 1,344 | 1,216 |
| M&G Charibond Account 2 Interest | 121 | 110 |
| CAF Fixed Interest Fund Income | 3,039 | 3,486 |
| CAF Gold Account Interest | 3 | 0 |
| Total | 4,507 | 4,812 |
| NOTE 2: | ||
| 2021 | 2020 | |
| £ | £ | |
| Donation Receipts | ||
| General Donations | 5,925 | 3,698 |
| Medical and Orphan Fund Projects | 4,340 | 4,889 |
| Total | 10,265 | 8,587 |
| NOTE 3: | ||
| Receipts from Fundraising | 2021 | 2020 |
| £ | £ | |
| Sale of Cards | 100 | 215 |
| NOTE 4: | ||
| Other Income | 2021 | 2020 |
| £ | £ | |
| Bequest from Mrs Jill Heatherington Estate | 127,162 | 4,144 |
| Gift Aid Refund (2020 included in Donations) | 1,281 | 0 |
| Total | 128,443 | 4,144 |
TZABA Annual Report 2021
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| NOTE 5: | ||
|---|---|---|
| Charitable Expenditure | 2021 | 2020 |
| £ | £ | |
| From General Fund | ||
| Diocese of Botswana | 400 | 300 |
| Diocese of Central Zimbabwe | 400 | 300 |
| Diocese of Harare | 400 | 0 |
| Diocese of the Highveld | 0 | 300 |
| Christ the King | 0 | 300 |
| Diocese of Johannesburg | 0 | 300 |
| Diocese of Manicaland | 900 | 300 |
| Diocese of Masvingo | 902 | 300 |
| Diocese of Matabeleland | 900 | 1,173 |
| Diocese of Matlosane | 0 | 300 |
| Diocese of Mpumalanga | 400 | 300 |
| Diocese of St Marks | 900 | 300 |
| Diocese of Pretoria - Tumelong | 400 | 300 |
| Education Fund (E Samutereko) | 4,767 | 1,833 |
| Sub Total | 10,369 | 6,306 |
| From MOP Fund | ||
| Bonda Mission Education | 2,137 | 2,038 |
| Kubatana | 300 | 0 |
| Tariro | 0 | 1,438 |
| Zimbabwe Aids Fund | 0 | 1,300 |
| Just Giving Fees | 0 | 108 |
| Dumisani | 0 | 363 |
| Foreign Exchange Fees (now included in Admin) | 0 | 38 |
| Sub Total | 2,437 | 5,284 |
| Total Charitable Expenditure | 12,806 | 11,590 |
TZABA Annual Report 2021
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| NOTE 6: | ||
|---|---|---|
| Administrative Expenses | 2021 | 2020 |
| £ | £ | |
| Audit Fees | 0 | 402 |
| Foreign Exchange Charges | 450 | 284 |
| Monthly Bank Charges | 96 | 60 |
| Office Expenses | 0 | 72 |
| Postage | 0 | 49 |
| Total Administration Expenses | 546 | 867 |
TZABA Annual Report 2021
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