< Accounts – Mamie Martin Fund

Accounts

Presentation of accounts, Alan Laverock

Financial Accounts

(unaudited)

For the year ended 31 July 2021

Income and Expenditure Account

Balance Sheet as at 31 July 2021

Creditors and accruals

  • Due largely to Covid and subsequent timing issues
  • CCAP term 3 – not paid till after year end as school year postponed
  • Soko fund – not paid till after year end for similar reasons
  • Trustee trip – not possible till after year end
  • School year likely to revert to September – so above (hopefully) will be one-off

Summary

  • We rely on donations and fund-raising on an annual basis. 
  • Most expenditure is incurred in Malawi and is making a difference to girls’ lives there
  • We also create employment and have other spend in Malawi
  • Virgin Money Giving – is closing at the end of this month
    • We will have new arrangements in place by then