4 Malawi Nknsic Fund
,'1 Charity No SC045661
Malawi Music Fund
Scottish Charity No. SC045661
Trustees, Report and Financial Statements
for the period l April 2024 to 31 March 2025

Trustees, Annual Report
for the perlod l Aprll 2024 to 31 March 2025
The trustees present their annual report together with the financial statements and the
Independent examinerfs report for the period l April 2024 to 31 March 2025.
l Reference and Athnlntstratlve Inforn￿tIoll
Clwlty Name
Malawi Music Fund
Charity No.
SC045661
Address
Easdale House
Easdale Loan
Kfirkwall
Orkney KW15 IRU
Current trnstees
2 Structure, Governance and Management
Constltutlon
The charity Is a Scottlsh Charftable Incorpornted Organlsatlon (SCIO). It Is governed by its
constltutlon whlch was adopted on 15 September 2015. The organlsatlon was granted
charitable status as a SCIO on I lune 2015.
Appointment of Trustees
Trustees are elected at the AGM which is usually held in May. thou￿ the trustees may at
any time co-optany person to be a trustee ofthe charity.with the approval ofOSCII the
constitution was amended to allow for a nwimum number of eight trustees and a
mfinlmum of four. The trustees meet at least three times a year.
Management
The trustees are responsible for the strategic dlrection and governance of the charity.
including the monitoring and control of the financial position of the organisation. The day-
to-day management is dele￿ted to the Administrator who is also a Trustee.

3 Objertlves & Activitles
Charfitable purposes
To improve the lives of dlsadvantaged orphaned children in Malawi throuth music and the
arts.
Actlvltles
The charity provides educational and recreatlonal opportunities for orphaned chlldren in
Malawi by running residential activity weeks in musiG art and sport during each school
holiday. We work in partnership with Malawian musicians and teachers in organising and
running structured prngrammes of actlvfitles for the children within a safe and supportive
environmenL
Secondary education is not free in Malawi and so the charity provldes bursarles to pay for
school fees, unifonns, shoes and books plus a small living allowance. so enabling the
chEldren to complete their secondary education. Bursaries are also provided to meet the
cost of vocational training and higher educatlon for young people who have been supported
by us through secondary school.
In December 2023. after a major fund-ralslng initiative fn Orkney and a building project in
Malawi, Umodzi House, our hostel for girls in Mulanje, was opened The hostel provides
vulnerable girls with a safe and nurturing environmenL
4 Achflevements and Performance
The choir of 32 children met for activity weeks at Likhubula Centre in April. August and
December 2024. We continued to enjoy the support of our Malawian administrator and
team oftutors, Two fornier members of the choir who had been supported by us through
secondary school and higher education were part of our teaching team. They assisted the
primary stsndard 8 children in preparation for the primary school leavfng exam and
tutored the group in traditional dancing and drurnmin& The children were given the usual
Christmas gifts of essential provisfions.
Umodzi House continued to be run efficiently by our two house parents. Already the hostel
has benefitted twelve girls and in August 2024 five girls passed their primary school leaving
exam and two were selected for secondary schooL
All primary and secondary children were supplied wlth exercise books. pens and pencil&
The children were required to bring their school reports and the guardians of all the
children were interviewed. It was clear that Sin￿ the major dewaluatlon of the Malawi
kwatcha in November 2023, and the resultant steep increase in the price of fooLt many of
the guardlans were struggling to feed their familie&
During the year we funded nine young people through secondary school. Two girls
completed their degree courses in Veterinary Mediane and Communications and have now
secured employrnenL We continued to support two young people though university courses
in Special Needs Education and two boys through vocational courses in Plumbing and
General Fittin& Two boys commenced courses in Community Development and Agriculture.
A student who was funded by us through school and university is now a lecturer In Food
Science at Malawi University of Science and Technology.

S Flnanclal Revlew
The charltys sources or￿ndS Included donations from individuals and organisations plus
our own funthaising activities. In August and September 2024 we held a series of
lunchtime concerts; In December Orkne￿S Winter Cholr and Orkney Carnerata perfonned
Karl lenkins. The Armed Man In St Magnus Cathedral; In October 2024 a fundraising concert
was glven by local lazz group The Flat Nlners. We were grateful for sponsorshlp from
several local buslnesses and for donatlons from a number of Indhrfduals. churches and other
organisations. Income from fundralslng actlvttles and sponsorshlp amounted to £12.194
and Income from donatlons was £15,215.
Two donatlons were glven speclflcally towards the runnlng costs of the glrls. hostel and
these were held In restrlcted fund& The trustees allocated £600 from desi￿ated funds
towards the maktng of a set of marlmbas for use by the chlldren In musfic workshops.
Recelpts on the unres￿Cted fund were £28.924 and payments for the perlod were £15.944,
resultln8 in a net unrestricted income of £12.980. Recelpts on the restrirted fund were
£1,750 and payments were £4871. resulting fn a deflclt of £3.121. £3,500 was transferred
from unrestrirted to restricted funds to cover the running costs of the girls, hostel.
Durlng the year. the sums of £15.000 and £20,000 were moved to Bank of Scotland fixed
terni deposlt accounts and these wlll mature In September 2025.
At 31 March 2025 the charltys funds stood at £60274. representlng a net Income for the
year of £9.259.
6 Reserves Pollcy
It Is trustees. pollcy to malntaln suffldent reserves to cover at least 12 months, running
costs at our current level of and to enable the young people receivlng bursaries to
complete thelr studles. Reserves at the end of the period were wfithln an acceptable range.
7 Future Plans
The charity aims to continue to contfinue its fundrafislng actlvltles In order to:
maintsin and develop the use of the glrls, hostel;
continue runnlng artlvlty weeks for the children's cholr in each school holfiday;
provEde bursarles so that chlldren can complete thelr secondary educatlon:
continue to support young people who are currently funded through vocational trdlnfin8
and hlgher educatlon courses.
We wlll contlnue to assess appllcatlons for fundln8 of post-school course&
Approved by the trustees on 6th September 2025 and sfigned on thefir behalf by.

oscr
Office of ts Scottish Charlty Regulator
Independent examinerfs report on the accounts
Report to the tru8te06 Malawi Music Fund
R•gl8tored charlty . SC045661
number
On the accounts of tho .
charlty for the poriod
P￿10d end date
nth
Year
rfi
2024
2025
R• The charitys tr￿te85 we respmible fcy the preparati(￿ of Ihe accounts in accordance
rosponslbllllles of vrith the terms of the Charthes and Trustee Investrn￿ (Scotsnd) 2005 Act and the
tntsto•s and examlner Charities {ScoUand) Regulalions 201A. The chaiity trustees consider that the
audit requirement of Regulatp)n 1011) (d) of the Acc￿nts Reguktions does not apply. It
is my responsibility to examine the accounts as required under seclion 44(1) (c) of the
Ba•18 of Indap•ndent My examin*ion In accorda￿6 wilh Regulation 11 of the Charities
•xamlnof$ 8tat•mant Acc¢￿nts (&x)tland) Regulations 201￿. An examination indudes a revie* of the
accounling re(x)rds kept by the charity and a CA)mparison of the a(xx)unts presented with
those ￿ 11 also includes considerntion of any unusual itsms or disclosures in the
accounts and seeks explanati¢￿ frcyn the tTUStees ￿n(￿nIng any such matters. The
procedures undertaken do not Fyovlde all tho evidenc* Ihat *ould be required In an audtt
and, ￿nseqUenty. I do exFYess an audlt opinb)n on the xcounts.
Indopendont exam1￿￿3 In the course of my exanln*on. no mattw has (xxne to my attenti
statement
to keep ￿¢￿￿Ing recLxds In accordan￿ with section 44(1) {a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting rxords and comply wlth
Regulation 9 of the 20(￿ Accounts Reaulations
2. to which. in m
'nion, attention should be drawn in order to enable a proper
Relevant profe￿1
quallllcation(s> or body
(rf any):

Statement of Recelpts and Payments
for theyear l Aprll 2024 to 31 March 2025
Notes Unrestricted Deslgnated Restrlrted Year ended Year ended
fund
fund
fund
31.3.2025 31.3.2024
Reeelpts
Donatlons
Fund-raising
Other
13.465
12.194
3,265
1.750
15,215
12,194
3,265
33,467
14.569
6,986
Total receipts
28,924
1,750
30,674
55.022
Payments
Fund-raising Costs
Charfjtable Activltles
Governance Costs
Other
3.860
12,044
3,860
17,515
3,366
48,595
600
4,871
40
40
40
Total Expendlture
15,944
600
4.871
21,415
52,001
Net Income before
Transfers
12,980
(600)
(3,121)
9,259
3,021
Transfer between
Funds
(3,500)
3,500
Net Income for the year
9,480
(600)
379
9,259
3,021

Statement of Balances
as at 31 March 2025
Unrestrlrted Deslgnated Restrirted Year ended Year ended
fund
fund
fund
31.3.2025
31.3.2024
Opening Cash at Bank
& In Hand
46.818
1,882
2315
51.015
47,994
Income Funds
9.480
(600)
379
9.259
3.021
Closing Cash at Bank
& fin Hand
56.298
1,282
2,694
60,274
51,015
Bank and cash balances
Bank Current Accounts
21,298
1,282
2.694
25,274
51,015
Flxed Terni Deposlt Accounts
35.000
35,000
Cash kn Hand
S6.298
1.282
2,694
60,274
51,015
Other assets
Glft Ald accrned durlng perlod
993
993
1.909
GASDS
1.126
1,126
1,233
2,119
2,119
3,142
Hostel Bulldlng
Hostel Equfipment
Valuation as at June 2023
Equlpment purchased durin8 2024-25
l*ss: Depreciation @ io%
Valuatton as at 31 Marth 2025
£38,200
£1,000
£91
£109
£982
£38,200
The accounts were approved by the Trustees on 6th September 2025.

Notes to the accounts
forthe perlod l Aprll 2024 to 31 March 2025
l Actountlng Polficies
(a) Basls of accounting
These accounts have been prepared on the Recelpts and Payments basis in accordance with the
Charities and Trustse Investment (Scotland) Art 2005 and the Charities Accounts (Scotland)
regulations 2006 (as amended).
(b) Nature and purpose of funds
Unrestricted funds are those which may be used at the discretion of the Trustees in furtherance
of the objects of the charity. Restrirted funds may only be used for specific purpose&
Restrictions arffise when specfified by the donor or when funds are raised for spedfic purpose&
Desi￿ated funds are funds which are set aside out of unrestricted funds for a specific pupo
(c) Fixed assets
Fixed assets are included at valuation. The assets are located in Malawi and there is a Minuts of
Understanding with a local charitable organisation should the Malawi Music Fund be required
to cease operations in that country.
(d) Forelgn currency
Assets and liabilities in forefjgn currency are translated into sterlingat the ratesof exchange
ruling at the balance sheet date. Transactions in forei￿ currencies are translated into sterling at
the rate of exchange ruling at the date of transaction. Exchange differences are taken into
account in arriving at the operating resuIL
3 Related party transartlons
No remuneration was paid to the tn￿eeS or any connected person during the period Mrs G
Hughes received £733 as reimbursement for expenditure incurred on behalf of the charity.
3 Donatlons
Unrestrfcted
funds
Restricted
funds
Year ended
31.3.2025
Year ended
31.3.2024
WH Sutherland Ltd
Norsk Pharni
Eleanor Rathbone Charitable Trust
Leggatt Trust
All Saints Church, Fulham
Kirkwall East Church
Charities Aid Foundation
Donatlons > £400
Donatlons from Indfivfiduals
1,622
1,000
1,622
1.000
1,000
1,000
1.500
1.500
400
796
500
856
8,541
400
796
500
606
8.541
500
250
30,967
13.465
1,750
15,215
33,467
4 Fundraislng
Fundraising Activities
Sponsorshlp
11.444
750
11,444
750
13931
638
12,194
12,194
14.569

5 Other Income
Gift Aid repayment
Bank Interest (NBM account)
3168
97
3,168
97
6.938
48
3,265
3,265
6.986
6 Cost of charltable actlvltles
Unrestrlrted Deslgnated Restrirted Year ended Year ended
fund
fund
fund
31.3.2025 313.2024
Llkhubula courses
Honorarla for Malawlan Stsff
Music/Equipment/Repair
Gifts for Families
Bursarles
Bank Charges
Hostel Bulldlngs & Equlpment
Hostel Runnlng Costs
5,349
1,890
29
273
4,213
290
5,349
1,890
629
273
4,213
290
484
4,387
8,151
2,367
96
479
6,227
538
29,827
910
600
4,387
12,044
600
4.871
17,515
48,595
7 Other payments
Membershlps, Subscrlptlons
40
40
40
8 Analysls of net assets between fvnds
During the perlod, £3,500 was transferred from Unrestricted Funds to Restrirted Funds In order
to meet the hostel runnln8 COSt&
Fund balances at 31 March 2025
are represented bT.
Unrestrfcted
funds
Deslgnated
nds
Re$￿eted
funds
Totsi
56,298
1.282
2,694
60.274