## Zimbabwe Educational Trust
Charity number 327519
Annual Report and Financial Statements for the year ended 31 December 2024
## Zimbabwe Educational Trust
Annual Report and Financial Statements for the year ended 31 December 2024
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Examiner's report|5|
|Receipts and payments account|6|
|Statement of assets and liabilities|7|
|Notes to the accounts|8 to 11|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Zimbabwe Educational Trust
## Trustees' report for the year ended 31 December 2024
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates** Derrick Mkandla Chair Dr Colourgrad Mpoko Secretary Adam Ranson Treasurer Professor Ray Lloyd Resigned 23 April 2024 Stuart Kempster Hannah O'Riordan Tony McCartney Chelsea Brown Appointed 26 March 2024 Maureen Mguni Appointed 17 December 2024 **Charity number** 327519 Registered in England and Wales **Registered and principal address Bankers** Headingley Enterprise & Arts Centre Leeds Building Society The Co-operative Bank plc Bennett Road Mercantile House P.O. Box 101 Leeds Silverlink Business Park 1 Balloon Street LS6 3HN Wallsend Manchester NE28 9NY M60 4EP
## **Independent examiner**
Simon Bostrom FCIE **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is governed by a Trust Deed adopted on 24 July 1987, amended on 7 December 2006 and 24 June 2014.
## **Method of recruitment and appointment of trustees**
A new Trustee may be appointed by a resolution of the Trustees recorded in the minutes and signed by the new Trustee and such record shall be conclusive evidence of this appointment.
2
## Zimbabwe Educational Trust
## Trustees' report (continued) for the year ended 31 December 2024
## **Objectives and activities**
## **The charity's objects**
To advance the education of students resident in Zimbabwe by the provision of financial assistance, and of accommodation or assistance in the provision of accommodation, to enable such students to further their education in Great Britain.
To provide financial assistance towards charitable educational projects within Zimbabwe particularly but not exclusively the Zimbabwe Educational Trust Resource Centre in Bulawayo.
## **The charity's main activities**
ZET supports grass roots organisations in Zimbabwe to deliver projects for vulnerable and marginalised young people. Projects are education focused and vary to include; life skills, vocational skills and work experience, health, birth registration and access to basic human rights, as well as teaching about conservation agriculture.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular:
- l Child protection and the advancement of education and opportunity in Zimbabwe,
- l Tackling the effects of poverty,
- l Girls’ and women’s empowerment.
## **Achievements and performance**
## **ZET UK:**
- l Continued to support our three partners through fundraising efforts in the UK as well as collaborative capacity building support in areas such as monitoring and evaluation, policy development, methodology support and narrative development.
## **Trinity Project:**
- l From 2024-2026 we continue our biggest ever holistic programme of birth registration including bottomup and top-down approaches to address issues within the birth registration system. Actions will build stakeholder capacity, enhance service delivery, improve policy, process and law and accelerate the cultural shift towards consistent birth registration.
- l Worked within vulnerable communities to register the births of children and families, often handling the most challenging cases and at times providing legal assistance.
- l Provided leadership and capacity building to local community organisations and duty bearers to drive up standards in birth registration.
- l Delivered kids clubs for girls and boys covering issues such as gender roles, bodily autonomy, family planning, teenage pregnancy, child marriage and a broad spectrum of sexual and reproductive health (including HIV/AIDS) & rights.
- l Continued a diverse portfolio of work supporting vulnerable children in the community
## **Rafiki Girls Centre:**
- l Trained three new cohorts of 40 (120 total) vulnerable young women aged 18-25. Courses included life skills in areas such as computers, health, reproductive rights, and entrepreneurship. Beneficiaries undertook a specialist vocational area receiving one or more highly valued certificates. The programme ends with work experience in a business related to their specialist course.
- l Ran a number of events including HIV workshops, careers days, drug intervention workshop and graduation.
3
## Zimbabwe Educational Trust
## Trustees' report (continued) for the year ended 31 December 2024
## **Achievements and performance continued**
- l Delivered counselling in 1:1 and group settings covering a range of life experiences, traumas and responses.
- l The significant majority of those completing the course went on to access further education or employment within six months of graduation.
## **Foundations for Farming:**
- l Continued climate smart agriculture projects with two primary schools to support feeding programmes, build climate chance resilience and encourage community adoption of farming methods. Approximately 800 primary school students are benefitting directly with thousands more in the wider community.
- l Continued a three-year programme of climate smart agriculture working with three more primary schools, three women’s groups and key community members. This project aims to substantively enhance the rate of community adoption of low-tech sustainable farming techniques tackling food insecurity and building climate change resilience. Approximately 1,200 primary school students are benefitting directly with many thousands more in the wider community.
## **Financial review**
The net payments for the year were £46,093, including net income of £2,999 on unrestricted funds and net payments of £49,092 on restricted funds.
## **Reserves policy**
The charity's free reserves, at the year end were £21,937.
A minimum level of reserves equating to at least three months of unrestricted expenditure plus 10%, and a maximum level of reserves equating to twelve months is considered sufficient to cover our overheads, including management, administration and support costs, as well as enabling us to respond to emergency needs which may arise in this period.
Approved by the board of trustees on 24/7/2025
Derrick Mkandla (Trustee)
4
## Zimbabwe Educational Trust
## Independent examiner's report to the trustees of Zimbabwe Educational Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024, which are set out on pages 6 to 11.
## **Responsibilities and basis of report**
As the charity 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 as carried out under section 145 of the 2011 Act. 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**
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:
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 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.
Simon Bostrom FCIE
25/7/2025
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
5
## Zimbabwe Educational Trust
## Receipts and payments account
## for the year ended 31 December 2024
|Notes
2024
Unrestricted
funds
£
**Receipts**
Grants
(2)
8,378
Donations
12,689
Gift Aid
1,095
Student placement fees
-
Awards
-
Fundraising
480
Bank interest
135
**Total receipts**
22,777
**Payments**
Salaries and payroll
30,141
Insurance
380
Bank charges
340
Office costs
1,134
Accountancy and independent examination
540
Membership fees
119
Payments to partner organisations:
Foundations for Farming
-
Trinity project
324
Rafiki girls centre
-
Rent and office services
120
Fundraising costs
-
Site visit
2,211
**Total payments**
35,309
**Net receipts / (payments)**
(12,532)
**Transfers between funds**
(3)
15,531
**Net movement in funds**
2,999
**Fund balances brought forward**
18,938
**Fund balances carried forward**
(3)
21,937|2024
Restricted
funds
£
102,836
2,141
-
-
-
-
-
104,977
-
-
63
-
-
-
68,968
44,542
24,965
-
-
-
138,538
(33,561)
(15,531)
(49,092)
53,998
4,906|2024
Total
funds
£
111,214
14,830
1,095
-
-
480
135
127,754
30,141
380
403
1,134
540
119
68,968
44,866
24,965
120
-
2,211
173,847
(46,093)
-
(46,093)
72,936
26,843|2023
Total
funds
£
123,171
14,778
1,333
2,000
1,000
502
36
142,820
17,217
300
292
413
420
49
10,089
13,327
81,632
115
127
-
123,981
18,839
-
18,839
54,097
72,936|
|---|---|---|---|
6
## Zimbabwe Educational Trust
## Statement of assets and liabilities
|as at 31 December 2024
2024
Unrestricted
£
**Cash funds**
Cash at bank
21,907
Cash in hand
30
**Total cash funds**
21,937
**Debtors and prepayments**
Prepayments
**Assets retained for the charity's own use**
Computers and office equipment
**Liabilities**
Accruals|2024
Restricted
£
4,906
-
4,906|2024
Total
£
26,813
30
26,843
2024
£
127
127
2024
£
696
696|2023
Total
£
72,906
30
72,936|
|---|---|---|---|
The financial statements were approved by the board of trustees on 24/7/2025
Derrick Mkandla (Trustee)
7
## Zimbabwe Educational Trust
## Notes to the accounts
for the year ended 31 December 2024
## **1 Accounting policies**
## **Basis of accounting**
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
8
## Zimbabwe Educational Trust
## Notes to the accounts continued
## for the year ended 31 December 2024
|**2 Grants**
AJ Green Trust
Baillie Gifford - Foundation Scotland
Charities Trust
Sir Halley Stewart Trust
The Christadelphian Samaritan Fund
The Coles-Medlock Foundation
The De La Rue Charitable Trust
The Fulmer Trust
The Lauderdale Trust
The Lewin Trust
The Marsh Charitable Trust
The Waterloo Foundation
The William Leech Charity
Unity Earth
Aireborough Rotary Club
Ann Jane Green Trust
EF Rathbone Charity
Marsh Charitable Trust
Mercury Phoenix Trust
Soroptimist Club
The Archer Trust
The Casey Trust
The Evan Cornish Foundation
The Father O Mahoney Memorial Trust
The Grace Trust
The HDH Wills 1965 Charitable Trust
The Lauderdale Trust
The Theodore Maxxy Charitable Trust
William Howarth Charity|2024
Unrestricted
funds
£
700
-
78
-
-
-
-
-
-
-
600
7,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8,378|2024
Restricted
funds
£
-
5,000
-
17,000
500
5,000
3,000
1,500
25,000
36,804
-
-
1,500
7,532
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
102,836|2024
Total
funds
£
700
5,000
78
17,000
500
5,000
3,000
1,500
25,000
36,804
600
7,000
1,500
7,532
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
111,214|2023
Total
funds
£
-
-
-
36,000
-
-
-
-
-
-
-
-
-
-
100
700
1,000
500
13,221
100
2,000
1,500
10,000
1,000
500
1,000
50,000
5,000
550
123,171|
|---|---|---|---|---|
9
## Zimbabwe Educational Trust
## Notes to the accounts continued
## for the year ended 31 December 2024
|**3 Restricted funds**
Trinity Project
Donations
Lewin Trust
The De La Rue Charitable Trust
The William Leech Charity
The Fulmer Trust
Coles Medlock
Christadelphian Samaritan
Baillie Gifford-Foundn Scotland
The Evan Cornish Foundation
Rafiki
The Lauderdale Trust
Donations
Foundations for Farming
Donations
Unity Earth
Sir Halley Stewart Trust
Souter Charitable Trust
W F Southall Trust
The Casey Trust
The Father O Mahoney Trust
The Grace Trust
William Howarth Charity|Balance b/f
£
532
-
-
-
-
-
-
-
7,388
-
-
-
-
36,000
4,538
2,400
1,500
800
400
440
53,998|Incoming
£
899
36,804
3,000
1,500
1,500
5,000
500
5,000
-
25,000
1,206
36
7,532
17,000
-
-
-
-
-
-
104,977|Outgoing
£
1,431
23,490
2,216
1,108
1,108
3,694
500
3,635
7,388
25,000
-
36
5,854
53,000
4,538
2,400
1,500
800
400
440
138,538|Transfers
£
-
(9,614)
(784)
(392)
(392)
(1,306)
-
(1,365)
-
-
-
-
(1,678)
-
-
-
-
-
-
-
(15,531)|Balance c/f
£
-
3,700
-
-
-
-
-
-
-
-
1,206
-
-
-
-
-
-
-
-
-
4,906|
|---|---|---|---|---|---|
## **Fund name**
## **Trinity Project**
Donations Lewin Trust The De La Rue Charitable Trust The William Leech Charity The Fulmer Trust Coles Medlock Christadelphian Samaritan Baillie Gifford-Foundn Scotland The Evan Cornish Foundation
**Rafiki**
The Lauderdale Trust Donations
## **Purpose of restriction**
The purpose of the Trinity Project is to Increase access, enrolment and retention in primary education for children in Zimbabwe through improving awareness of birth and death registration and provision of legal advice and services. Funding is provided from a variety of sources as shown below:
Towards the general purposes of the Trinity Project. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe. Holistic programme of birth registration in Zimbabwe.
The purpose of the Rafiki Project is to empower women in Zimbabwe through education, vocational training and holistic support at the Rafiki Girls' Centre in Harare. Funding is provided from a variety of sources as shown below:
Towards the general purposes of the Rafiki Girls Centre project. Towards the general purposes of the Rafiki Girls Centre project.
10
## Zimbabwe Educational Trust
## Notes to the accounts continued
## for the year ended 31 December 2024
## **3 Restricted funds continued**
**Fund name Purpose of restriction Foundations for Farming** The purpose of the Foundations for Farming project is to provide training in primary schools in conservation agriculture. Funding is provided from a variety of sources as shown below: Donations Towards the general purposes of the Foundations for Farming project. Unity Earth For 3 primary schools and 3 women’s groups undertaking a 3 year programme of climate smart agriculture aimed at improving food security and building climate change resilience. Sir Halley Stewart Trust For 3 primary schools and 3 women’s groups undertaking a 3 year programme of climate smart agriculture aimed at improving food security and building climate change resilience. Souter Charitable Trust Towards the general purposes of the Foundations for Farming project. The transfer into the fund is a correction to the amount transferred from the fund in the previous year. W F Southall Trust Towards the general purposes of the Foundations for Farming project. The Casey Trust For 1 primary school undertaking a two year programme of climate smart agriculture aimed at improving food security and building climate change resilience The Father O Mahoney Trust For 1 primary school undertaking a two year programme of climate smart agriculture aimed at improving food security and building climate change resilience The Grace Trust For 1 primary school undertaking a two year programme of climate smart agriculture aimed at improving food security and building climate change resilience William Howarth Charity For 1 primary school undertaking a two year programme of climate smart agriculture aimed at improving food security and building climate change resilience
The transfers relate to a contribution to the charity's overheads.
## **4 Related party transactions**
## **Donations from trustees and related parties**
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £1,560 (2023: £1,710).
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
11