REGISTERED CHARITY NUMBER: SCQ45WI
OF IHE
¥1
FOR
TION
KAI 2EB

ABLE FO
ATI
OF THE
ATE
FOR THE Y
EI¥DED 31 AUGU
25
Report ofthe
INdepeDdtttt Ez•Thlner's Reyort
staten￿•t￿r Fln•wknl Aedvtd
Notes to the Statements
7 to 12
13

NOR
ATION
REPORT OFTHE TRusfEES
FOR THE YEAR ENDED31
The trus1tt5 preseni their retx)rt with Ihe filla￿l￿ 5tstclD￿ts of the charity for the year ended 31 Au￿t 2025. The tntstees
hav¢ *tyed the PTWiSiOW of Acrymmling Ret*)rung by CIwtti&s: sts*rne￿ of Recornrnerthd Pradice applicable to
charitie5 preparing their xcounts in accordance with the FiDawial Rqwming applicable in the UK ar￿ Republic of
Jrelalld (FRS E(n) l¢ffKtive l Jalluary 2019).
Obleetlves illd #ims
Schools in Chiluzi. Malawi by providing aNi wi&ing in the FKOViSiOti of fxilities includin8 infi35t￿CtUre in
the creation of a wider educatio￿ c4[[4M￿ for thc•¢ion in the con1M￿ty. In &JJili(xL we will engage with the wider
¢omrnutJity in p￿Vth8 fe•Jin& h￿th and cllviro￿tal bu¢fits all in an ethvour to alleviate ￿vertY a]MJ promote the
Cbaritable aetlvlthl
Chiiuzi and chInwha￿ (￿ mles CLKDb1￿ were 1705 p￿]1& Nws¢ry a]so to WO￿ effectively for
lth) children.
cornastone to the hcaith and well￿]￿8 of the childrn T1￿c evftd￿ of ¢bild nulnutrillon oll tbe commutiity
int¢gral compoltht in rthcing in wicular child and birth llKther Mortality over the years.Throughout the year we
PrO￿d￿ ￿e aThl m￿l10T￿n8 to 358 mothers 169 tw babie& A tLMal of 5.138 vaccines weT¢ giv¢n to ourchildren.
two of our university Stthts this year.
emphasized. Th¢r¢ is a w￿all1 battle for ￿rVIval against nattwe, exaCUb￿ by clima* change. ￿ econtilntc leadership
and politica] cornytion co￿led with aid prowrn mainly frIMn The West are mlgjir￿ted and not jointyj up add to
have a d¢trimenta] m4>act on fi￿1 pritts uusing shw aDd the wice of fertilise¥ 7wbicb will lower crop yields. We
IhEring the ¢urtent yeaT the charity Tealized 8 swphts of £46J83 (2024 £178225). Th¢ ¢Tr￿lty'S sU￿1￿S c(*nlinu&s to be
generat&l by siwportive rrgular (k)[￿. As wt of the swplus we received FAnk inte￿1 of £28,496 (£22,678)
Totsl fitTML8 at the ye•r eDJ to £1289.971 (2024 £1243588) al￿ this c¥)]L%iSts of uDratiicted of £1260.I04
{2024 £1213,762) and te5trict&l of £29.867 (2024 £29.826).
by th¢ donor. Restricted fimd8 have Sp￿fiC Coj¥thti￿ attxknj by thE See I l of th¢ financial ststern￿ts for
furtherdetsi]s.

NORA
ATION
RT
USTE
31 AUGU
NANC￿ RE￿Ew
Io tenns of our financial rt5erv&s the Tntstr&% have a￿¢*j a totsl pli¢y of £340.(MXI of whith £140,1YXI will cover
the completion of a full Complement of up to 30 children over four years of secoThtsry ￿￿10￿. The tr￿￿eS have allocated
this £140,0(X) into a fund ￿ the t￿3￿C sIKet d*. £l(MJ.IXKI i% all(xxtal to a rKw Omd for Furthcr bJu¢atton.
This fimd is the bL%t estirnat¢ to accomllth our University I College Sckn18rthip Fut¥L The residual £1￿.¢￿￿ will be for
and a150 to cop¢ with any volatility ill &Trtiation lev¢i& The tru5tKs hav¢ alg) eslablished a designatal fimd kn tLyres¢nt the
langible fixed &ss¢ts of the cbtrity.
The Tn]stees have &s4¢s*1 the InaJ￿ risks ts which the clwity is exw5ed in WicuiaT those relating to the ovcrall
clthritable activitits and fuwce I fU￿￿Sing ?￿j ￿¢ ￿]Sfied that SYS￿ have been established to monitor eX[￿s at
engage in a variety of fundtwing athivities. The following tithisTh aTr Ill pl*e for aChIevu￿ the charity's obje¢tives
and fonn part of th¢ overall risk man
. Daily contsctwith the pmjed via texts athl Zu)m call&
Malawi cotitinues to face SI￿lfICant econrric a￿1 climate ¢lwe The COUTW relies heavily on imports but givejj
the ewt)omi¢ backdrop the cunrw is vay weak and there is & si8n1fiL¥￿ b￿k makn for foreigTt ¢UYTency. All of thi5
Middle East and RuSsianjk￿ is severety iwtng fcKxl sccurkty and fi*1 availability. The sustaintibi]ity of our wider
Malawi is a cw facing signifi￿t challenges and the swtaijthlity of the clwity long trrm ttMLSt b¢ at the forefront of
ow thinkin8. It may be thatYA)m¢ ofour athivities I￿t kn IK bxk iti the year5 to Come.
The gov¢rnarKe of tbe charity is the re£%)￿bilIty of the t￿￿￿5 ate eltttyj cwed under the tern]s of the
coijstitutioL The numttt of tr￿sIteS is 10 and the tninimum is 3. One third of th¢ In￿ sball rEtire at ¢ach AGM
but Can offer th¢nwlves up for rtr¢lthiti at the Dext Board Meetin& Any Th tr￿￿te£S ar¢ provided with iknion and
REFERENCE AI¥D ADMINISTRATIVE DETAILS
Reglstered ChArlty •umbeT
SC045882

RTY
ABLE FO
RTOF
END
FOR
AUGUST
Prindpal addre
GleDvi¢w
G82 2AT
Trnst¢es
C Wa15h
M T Lk)chety
J Petrovski
G Walsh
B Thumath
R Cummings
IndepeDdtnt
Henry Brown & Co
Chart¢r>l A¢countsnts
26 Portlaud Road
Ayrshire
KAI 2EB
Apprtsv￿ by onjer ofthet*)8rd oftruste¢s on 19 May2026 on its behalf by..

INDEP
El
USTE
ON
OF
I report io the charity t￿￿CeS on myeAaMmMtt￿ of the of Nora tkthty Ctwithble Fouthon {the T￿￿) for the
year ¢￿kd 31 Au8u# 2025.
As the cljarity t￿￿tee$ of the Tnjst Y(￿ resp)￿￿le th¢ pr¢paTrkn of the ac£ounts in acconJ￿Ce with the
of the Charities Ad 2011 Cth Acfj.
I rewt in res￿1 of my ¢xamination of the Tru%Vs ¢arri>J out Under knion 145 of the Act aod Én caThying tsut my
exaTDination I have follo￿1 all aM)liixble D]rKtt￿ given byth¢(JJanty comm￿10￿ under Sectiott 145(5Xb) of the A¢L
IDdq)eDdeDt examine￿5 stst¢w¢
Since your charity's gro&s Tncom¢ ext￿ts1 £250.IXK> yow extimiD￿ a member of a listryj iK#Jy. I cen confimi thAt E
arn qua]ified to undertth the ¢xaMi￿tion brLaus¢ l am a mcmb¢r of the IL*itute of Chart¢ra ArLountsnts of s￿￿all
which is one of the list&llx4th"c&
examiIiation giving me caus¢ ￿ t*lievethat im goy mfftteri￿
counting records were not kw ID TEST*£t of the TnL8t &% TPqUu￿ by Stttion 130 of & ACL. or
the accounts do notaccord with thse rtcort. or
the Chariiies (Accounts aTrJ Rq￿rts) R¢guhtt"ork$ 2(K18 other than any require￿ that the aeCOUDts give a ttue and
fair view which is not a mattu¢onsi(kr&l as part of an i*xDthnt examination.
GregorD.B. BACC (Hons) CA
The Institute of chartff￿ Accountants of Scotla￿4
Henry Brown & Co
26 PortlaDd Ro&1
KiImarn(￿k
A)Tshire
KAI 2EB
19 May 2026

RTY
ABLE FO
ENDED JI
T 2025
2025
2024
Toth]
fiwds
INCOME AND ENDowMEwfs FROM
Donations and legacies
259.029
20.(
279,029
278,589
Other trading activtties
Investsnent income
3.058
28.496
3.058
28.496
3.437
22.678
583
310583
311,527
Raising fill
291
19.959
20250
17.449
Cbarltsble *etfvitl
Educational. ftlated costs
Antenalal clinic
Solar water pmjxt
204.074
26.153
3.180
204,074
26.153
3.180
101,152
2.240
425
10543
10.543
12.036
To
244241
19.959
2642lX)
133.302
IYET INCOME
46J42
41
46J83
178.225
RECONCILIATION OF FUNlkS
Totsl b[￿g￿t foftward
1213.762
29.826
1243588
1.065.363
I￿.104
29.867
1289.971
1243,588

ORA
CE SHE
IAU
2025
2024
Total
fim(L8
FIXED ASSETS
Tangibk a&sets
36.¢Y21
36,021
46.564
15.8(YJ
613597
594.676
15.8(P)
613,597
628,693
lrtvestments
C&sh at bank
14,177
617,623
568.724
34.017
1224.Of2
34.017
1258,(W
12(Kl,524
CREDITORS
Amounts falling due within ¢me year
io
(4.150)
{4.149)
(3,5￿)
1224.083
29,867
1253950
1,197.024
I2￿1[
29,867
1289.971
1243.588
NET A&SETS
29.867
1289.971
1,243588
li
1260.104
29,867
Restrict¢d fill]ds
1213,762
29,826
1289.971
1243,588
on its behalf by:

NORA
ATION
ENDED 31
ACCOUNTING POLICILS
The fwaucial staknts of the clwity. whith is a pthlie bu*fit entity Und￿ FRS 102, have be<n prepared in
with the Chariti¢s SORP IFRS 102) 'Ac¢c￿lting atKE ReFthiDg by Charitics: Statement of
Sthndard aN)licable in the UK 8NI Republic of Ireland IFRS 102) (effect[￿ l Jgnuary 2019),, FIna￿la1 Reporting
Standard 102 Tr Financi81 Rqx>rtiDg Stath a￿lICable in th¢ UK aThJ Republic of Ireland, and the Charities A¢¢
2011. The fil￿￿]￿1 slat¢meDts have been pr¢￿￿ed th)der the histsKi¢al CO￿ cooventio
All in¢om¢ is reco8ni8al in the Sts*ment of FioarKial Aaiviti&q the charity hL8 entitlement to the fimds. it is
Eipthditur¢
L￿bl￿tieS ate recO￿lSed exExnthtiwe &8 &s tkn is a legal OT coL8tru￿yc obligatsoll comrnitting th¢ charity
to expendith, it is pml*ble that a transfer of CCONm￿¢ tMefits will ryu]r￿1 in sett]ement and th¢ amount
of the obligation can be measuftd Trliably. Expu¥th"ti]re is al￿￿nI&l for on an accruals b&sis and has been cl&ssifir
l*&Jings they have been all￿8￿1 to on a iwis Co￿8]Sta1t￿lth th¢ use of rewu
T4Dglble fixed
rkpry%tatiott provi(kAJ at the fo]k>wing aDnu81 iti to ￿lteOff the overtheirusefid lives".
Motor Vehi¢les
21fh straight line
No de￿￿1*14)n is rwised in th¢ of awusit
Tax8tio
The charity is exernpt from its clwitable ￿1VIll
Md *e¢oyn¢l
Fmlber expjmtiott of the aThJPWpt￿ of¢xh is illchthi in the t￿$ to the fing￿la1 statements.
Forelgll tUTr¢•des
Assets alld liabilities in forei8n ¢urtMKio% atc trafjs￿ itito at the rn*s of txckng¢ nding at thE balanc¢
Sheet date. Trdwions in forei￿ ¢Urre￿ are trnns]8ts1 inkn S*rtiD8 at the r* of exc]tsD8e ruling ￿ the date of
trdnsaction. Exchange diffemK&s are tgken into &£ount in arriving at the o￿ating re￿iL
fAMtinu*l..

ATION
FINANCIAL STA
ST 2025
OTHER IIW)ING ACTIVITILS
2025
2024
3.058
3,437
2025
2024
D4￿￿taCcOunt inknt
Interest rK¢iYable. trading
28.496
22,661
17
28,496
22,678
TRUSTELS. REMUNERATION AND BENEFITS
31 Auwst 2024.
There wete oo trustc&< exp¢D5es ￿ld for theyEarpJthl 31 AugiLSt2025 Th)r￿the y¢areotsl 31 Au8USt2024.
STAFF COS73
The average monthty Dumbttof employees tr*year was as folh)w&'
2025
2024
Admini$tiation and pft)jects
No ernploye&% rK¢ivrAJ emoluments in ¢x¢¢ss of £&).lK￿.
Totsl
Ik>nations and legacies
258589
20.(KKI
278589
Othertrading activiti
Investment income
3.437
21678
823
3,437
22.678
6,823
Total
291.527
20,(KX)
311.527
Raising fijnds
352
17.097
17,449
Cb4rlt4ble *etivit
Edu￿tional- ttlated costs
i(K),(
101,152
2240

AB￿ FO
ATI
FOR
DED31 AU
425
425
11036
12,036
115.659
17.643
133.302
NET INCOME
175.868
2J57
178.225
RECONCILIATION OF FUNDS
Totsl fikods Wt forward
1.037,894
27.469
1.065,363
TOTAL FUNDS CARRIED FORWARD
1213.762
29.826
1.243J88
TANGIBLE FIXED A&SETS
Motor
vehtc1&4
COST
At I SeptonF*r2024 ard 31 Au8USt2025
113,230
DEPRECIATION
At I S¢ptember 2024
Charge for y
66,666
10.543
At 31 August 2025
77209
NET BOOK VALUE
At 31 August 2025
36,021
At 31 Augvst 2024
46.564

OTLS TO THE
FOR THE
DEBTORS: AMOiJNTS FALLING DUE wfTHIN ONE YEAR
2025
2024
15.809
14,177
2025
2024
613,597
617.623
I& CREDrn)ILS.. AMOUNtS FALLING DUE WTfHIN YEAR
2025
2024
4.149
ii.
Net
movement
At
3118ll5
At IN)r24
General fund
967.876
245.886
46J42
1.014218
245.886
1213.762
46J42
I2￿.104
Restricted
29.826
41
29.867
1243.588
46J83
1289.971
Movanent
2￿))83
(244241)
46,342
Restricted fund¥
Restricted fiJnd8
20.(KK)
(19.959)
41
310.583
(2642(￿)
46,383
Page io

FOR T
YEAR EN
ii.
ComprxttveJ wovenwnt Im funds
Nd
At
3118124
At In)123
in fimds
Unrestrlrted funds
792,(K18
245.$86
175,868
967.876
245.886
1.037.894
175.868
1213,762
27,469
2.357
29.826
TOTAL FUNDS
I.￿)63
178225
1243,588
Unrestrtcted fu•d8
G¢n¢Tal fiJJ]d
289,027
2,5(MJ
(113,159)
{￿￿)
175.868
291527
(115,659)
175.868
R¢Jtricted fuDds
Restricted funds
{17.643)
2J57
311J27
(133.302)
178,225
A ¢wrent year 12 rt￿￿ts andprK)ryear 12 mcrfth comb1ml￿tto￿ is&8 follows..
Net
At
3118r25
At Ip)r23
Unrestrirtfd fuDd5
Gener￿ fimd
222210
1,014218
245.886
245,886
1.037.891
222210
1260.104
Restrithd
Restricted fuTKts
27.469
2J98
29,867
TOTAL FtINDS
1.065J63
224.608
1,289,971
Pa8ell

NOR
ATION
-eond••ed
R THEY
GU
ii.
A autent year 12 Jtyjnth arrfl ye4r 12 nxrfth cothbi￿d net in included in the above #TE
follows-
in fi￿dS
Uirestrkted fulldj
579.610
2J(Kl
(357.41KI)
(2.51)0)
222210
582,110
(359,91KI)
222,210
Rutri£¢ed
(37.fA)2)
2.398
622,110
(397.502)
224.608
12.
During the year, th¢ ¢lJarity recwisd iD¢onx of £14J39 (2024.. £14.IMKI} from Peter Cwwnings the
stM)use of a Tr4LStee to ¢¥)v¢r eJnph)yee saltiiffj £5.620 (2023: £3J(KI) kn covtr 80verna￿t costs and £NIL (2024:
£2J(M)) to cover rr cos
A donation of £125.IKX) (2024: £50.(￿) rtL*i¥e41 ID th¢ year from The Hunler F(#￿￿atioty WI￿re P¢ter
Cummings is atso aTnL*e.
Page 12

NOR
ABLE FO
ATION
DETAILED STATEME
2025
2024
INCOME AIYD ENDOWMENTS
DoD*tlon8 *#d leg
Donatiott%
Exchange gainsJ]oss&
283257
(4.228)
283.337
(4.748)
279.029
278.589
Fundraistng events
3,058
3.437
IDv¢gtmeRt Aneon
Deposit account interest
Int¢Test Ye￿1Vable-
28,496
22,661
17
28.496
22.678
Other Income
G8in oll sale of tan￿￿1¢ fixedawts
6.823
310.583
311,527
rr & Web ¢osts
546
101,678
2240
425
233,698
Antenatal clinic
233,698
104,889
Other
D¢pr¢ciatiotJ of tan8ible fiwl assets
10,543
12.036
SUp￿rt costs
Managemetst
14J39
12.525
896
,072
GoventhD¢¢
4.724
2.780
2642(M)
133J02
N¢¢ Income
46.383
E78,225
Page 13