TRANSVAAL ZIMBABWE & BOTSWANA ASSOCIATION UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 TZABA Annual Report 2025 v2 Page I TRANS-VAAL ZIMBABWE & BOTSWANA ASSOCIATION CONTENTS Page Charity Details Annual Report Independent Examinerfs Report to the Trustees Receipts and Payments Accounts Statement of Assets and Liabilitles Notes to the Accounts 9-10 TL4BA Annual Report 2025 v2 Page 2 TRANSVAAL ZIMBABWE & BOTSWANA ASSOCIATION CHARITY DETAI CHARITr REGISTRATION NO.. I)0238146 Trustees.. Reve￿nd Canon Carl Garner Venerable Lionel Whatley Mrs Joanna Barton Mrs Rachel Campbell (nee Kamangiral MrAndrew Elsworth Bp Alistair Cutting Chairman Vice Chairman Secretary Treasurer (appointed 25 June 20251 Registered Office: 10 Lurkins Rise Goudhurst Kent TN17 IED Independent Examiner: Mr A M West FCA Somerbys Limited 30 Nelson Street Leicester LEI 7BA Charity Objective: To support the Angllcan Diocese5 of northem South Africa, Zimbabwe and Botswana through prayer. finan￿ and communication. TZABA Annu31 Report 2025 v2 Page 3 ANNUAL REPORT YEAR ENDED 31 DECEMBER 2025 Adrnlnlstratlon Detsils The Transvaal Zimbabwe & Botswana A550ciation is a registered Charity. The Registered Office and Charity Registration Number are shown above. It is also known as TZABA. Strurture, Governance and Management The Transvaal Zimbabwe & Botswana Association is governed by a constitution adopted on the 16 October 1935, and amended 29 June 1967, 12 June 1980, 1SJanuary 2008. 8 July 2009 and July 2023. In selecting individuals for appointment as trustees. the individual must have regard to the skills, knowledge and experience of the Charity. Trustees are made aware of their responsibllities at the time of appointment and kept abreast of changes in charity law and any matters affecting the governance and assets of the trust. Or8anSsatlon 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 abllity of the Charlty to meet its liabilities when they fall due. Public Benefft The Trustees confirm that they have referred to the guidance contained in the Charity Commission'5 general guidance on public benefit when reviewing the Trusys Aims and Objertives and in planning future activities. Flnanclal Revlew The Charity continues to support the general requests from some Dioceses for various activities. The project to supply and install solar installations for borehole pumps at over d02en selected sites at Diocesan properties in Zimbabwe was completed during the year. This included the completion of boreholes at Shearly Cripps Children's Home and at Holv Cross School in Gokwe, as well as boreholes and solar equipment at Nyamororo, Gokwe, at Marondamashanu. Chivhu. and at St Thomas, Magunje. Additlonal work was required at 5hearly Cripps to deliver the water. TZABA Annual Report 2025 v2 Page 4 The MOP payments were made to Bonda Mlsslon to support the orphans with their school fees and continued support to the Mabvuku children throu8h St Marf5 Avondale. In total. with the significant extra expenditure on the Solar Borehole project, the Charitvs total a55ets funds have declined by £64,044 but remain over £ILKI,LKJO. Reser¥es Policy It is the policy of the Trustees to maintain unrestricted funds, whlch Include the free reserves of the Trust, at a level, which, in the event of a significant fall in Income. would provide sufficient fund5 to meet the on-going operating expenditure and obligations. At the present tlme the free reserves are considerably in excess of such expenditure: the Trustees are, however. mlndful of their responsibilities and regularly review the manner in which the available funds may be applied in furtherance of the charitable objectives of the Trust. Slgned On behalf of the Trustees Canon Carl GARNER Ch8irnian. Board of Trustees Date: 1314n026 TZABAAnnual Report 2025 v2 Page 5 TRANSVAAL ZIMBABWE & BOTSWANA ASSOCIATION Independent Examlnerfs Report to the Trustees Year Ended 31 December 2025 I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2025 which are set out on the accompanying pages. Re5ponsiblllties and basis of report As the charitys trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charitles Act 20111"the ACV'I. I report in respect of my examination of the charitvs accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Direction5 given by the Charity Commlssion under Section 14515llb} of the 2011 Act. Independent Examlnerfs Statement I have completed my examlnatlon. I confirm that no material matters have come to mv attention in connection with the examination giving me cause to believe that in any material respect.. l. 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. I have no concerns and have come across no other matters In connertion with the examSnatSon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be ￿aChed. AM Wert, FCA Date: 2 S pl 1£4lb Somerbys Umfted Chartered Accountants 30 Nelson Street Leicester LEI 78A TZABA Annual Report 2025 v2 Page 6 TRANSVAAL ZIMBABWE & BOTSWANA ASSOCIATION Receipts and Payments Account Year Ended 31 December 2025 Recei Note 2025 2024 Investment Income Donations Received Receipts from Fundraising Other Income TOTAL RECEIPTS 50,333 16.759 3,275 5,518 637 2,501 11,931 1,258 69.032 Pa Note 2025 2024 Charitable Expendi￿re Administratlve Expenses TOTAL PAYMENTS 88,341 1,089 89.430 48.596 1.065 49,661 Net Receipts for the Year 120.3981 137,7301 Bank Balances at 31 De￿mber 2024 Bank Balances at 31 December 2025 45,806 25,408 TZABA Annual Report 2025 v2 Page 7 TRANSVAAL ZIMBABWE & BOTSWANA ASSOCIATION Statement of Assets and Liabilities As at 31 December 2025 2025 2024 Monetsry Assets Bank Accounts Charity Aid Foundation Cash Account Charity Aid Foundation Gold Acc 25,308 loo 23,417 22,389 45 Other Assets Investments M&G Charifund No l Account M&G Charifund No 2 Account Investment Fund CAF 26,735 2,407 92,698 78.194 Sub Total Investments Totsl Assets Change in Assets and Liabilities reduced by £64,044 The Charity has no Liabilities and owns no property. TZABA Annual Report 20Z5 v2 Page 8 TRANSVAAL ZIMBABWE & BOTSWANA ASSOCIATION Notes to the Balance Sheet For the year ending 31 December 2025 NOTE I: 2025 2024 Investment Income Recelpts M&G Charifund Account I Interest M&G CharFfund Account 2 Interest M&G Charifund Account I Iclosure) M&G Charifund Account 2 Iclosure) IFSL CAF ESG CautiOU5 Fund Release CAF Gold Account Interest CAF Gold General Inte￿$t CAF General Interest 254 1,634 147 23 27.339 2,462 20.000 211 1,362 24 Totsl 50.333 3.275 NOTE 2: 2025 2024 Donation Re￿IPtS General Donations Medical and Orphan Fund Projects 12,584 4,175 1,950 3,568 Total 16.759 5,518 NOTE 3: 2025 2024 Recelpts from Fundralsl MOP: Sale of Cards, Fundraising 637 Totsl 682 637 NOTE 4: (Xher Income 2025 2024 Gift Aid Refund 1,258 2,501 Totsl 1,258 2.501 TZABAAnnual Report 2025 v2 Page 9 NOTE 5: Charitable Expendlture 2025 2024 From fjeneral Fund Diocese of Central Zlmbabwe Idirert to parishe51 Diocese of Hararè Idlrect to parishe5 and SC) Diocese of Masvingo {dlrect to parishes Diocese of Matabeleland Diocese of St Marks Diocese of Manicaland Izimunyal Education Fund {E Samutereko) Solar Borehole Project- Contractor Solar Borehole Project- ARDEZ 847 18n 572 2.805 409 467 78,993 385 27.599 5,940 Sub Total 82.944 41,241 From MOP Fund Bonda Mission Education St Mary's Avondale, Mabvuku 4,897 5CQ 7,355 Sub Total 5.397 7.355 Tthal Charltable Expendlture 88.341 48,596 NOTE 6: Adrninistrative Expenses 2025 2024 Independent Examiners Fee Foreign Exchange Charges Bank Charges Office Expenses (Website) Postage Travel and Train to Meetings 510 375 64 374 28 iii Total Administratlon Expenses 1.089 1.065 TZABA Annual Report 2025 v2 Page 10