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Page 1: VULA Annual Report 2017€¦ · Nelson Mandela There is a growing demand in our country for this change. ... the service of others” Mahatma Gandhi The challenges remain, there is

1

Page 2: VULA Annual Report 2017€¦ · Nelson Mandela There is a growing demand in our country for this change. ... the service of others” Mahatma Gandhi The challenges remain, there is

2 33

VULA Annual Report 2017

Education - the process of facilitating learning, and

the acquisition of knowledge, skills, values, beliefs,

and habits - leading to personal and social growth

and development and the opening up of economic

opportunities and overcoming barriers, irrespective of

age, language, creed, culture, religion, region.

Education has the power to change a life - and ergo

to change many lives.

“We can change the world and make it a better place. It is in your hands to make a difference.” Nelson Mandela

There is a growing demand in our country for this

change. Learners need to gain the knowledge and

skills required for success in the 21st Century. But

providing access to education is only the beginning.

The challenge is to ensure advancement: as people are

enabled, they make measurable progress in their lives

and in their careers through learning, improving their

way of life as well as their social and economic status.

Knowledge gained through effective learning enables

each and every individual, transforming from the

inside outwards, changing mind sets and personalities,

providing opportunities, promoting confi dence levels

and ultimately creating a constructive experience

of life. An educated person becomes a good citizen

in society. And so investment in improving education

creates a better world for us all.

“Let us remember: One book, one pen, one child, and one teacher can change the world.” Malala

Yousafzai

Change through education is the tool.

VULA @ Hilton College is such a tool.

I urge you to read through this 2017 VULA Annual

Report to fi nd out what we are doing, what we are

achieving and how lives are being changed through

this extraordinary programme.

Follow this link to view the VULA videos on our website:

fi nd out for yourself the impact of VULA on the lives

of the people in our community. The success of this

intervention speaks for itself.

http://www.hiltonvula.com/about-us/vula-videos/

“The best way to fi nd yourself is to lose yourself in the service of others” Mahatma Gandhi

The challenges remain, there is no doubt. But we are

indeed fortunate that with our community of teachers,

parents, students, government authorities, institutions

and businesses, we can in our own way fi nd some of

the answers and implement some of the solutions.

VULA @ Hilton College attracts a phenomenal

group of people, people who are impassioned

The Vula Programme is a targeted intervention which provides development

opportunities and educational support for township and rural schoolsin the Midlands of KwaZulu-Natal.

VISION and MISSION

To provide effective and relevant educational programmes, chiefl y inMathematics and Physical Science,

to create maximum impact on teaching and learning.

and empowered and are determined to make that

meaningful difference.

We salute you and we remain hugely appreciative for

the input, support, encouragement, funding, expertise

and advice from our community. All of this sustains

and enables VULA @ Hilton College, and allows

this exceptional educational project to continue to

develop and grow.

“We make a living by what we get. We make a life by what we give.” Winston S. Churchill

As involved and concerned citizens, we have the

opportunity and the responsibility to reach out to

others and become involved in our communities,

to develop, grow and nurture the change that our

country needs. It is up to each one of us to engage

constructively.

“One person can make a difference, and everyone should try.” John F. Kennedy

As VULA @ Hilton College is a tool for change, so too

is educating our children to be the adults of tomorrow

a tool for change in society.

There is a profound responsibility that comes with

education. Thus it is the very advantages of our

education and the advances we experience that

refl ect directly back onto us. These relevant learner

outcomes demand that we become involved and

change the bigger picture - the concept of social

development is a fundamental pillar of education.

And so too at Hilton College.

The challenge once more is to ensure that education

is about more than facts and fi gures. The objective

is the development of young people with a social

conscience, who are aware of the state of the

world, who have the ability to come to grips with the

challenges of society, who are enabled as thinking

individuals and who inherently treat their fellow human

beings with humility, compassion and understanding.

They have the ability to lift others, the life skills to grow

to be responsible citizens, to live good lives and make

the world a better place.

“Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world.” Desmond Tutu

Education does indeed have the power to change a

life - and ergo to change many lives.

“Education is the most powerful weapon which you can use to change the world.” Nelson Mandela

Dale ten Hope

Chair: Community Projects sub-committee

The Hiltonian Society NPC

May 2018

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54 5

The Vula Programme is a division of The Hiltonian

Society NPC, the legal entity which owns and operates

Hilton College, a well-known independent boys’

secondary school in the KwaZulu-Natal Midlands.

The Vula Programme at Hilton College was started

in 2001 as the Society’s educational outreach

service provider to under-resourced schools and

disadvantaged communities. Since then the

programme has established itself as the pre-eminent

organisation of its type in the area, having earned a

reputation of providing relevant, meaningful and cost-

effective educational interventions and development

opportunities for its benefi ciaries.

The Vula Programme uses up-to-date technologies,

innovative teaching methods and experienced

facilitators to concentrate on the upgrading of the

teaching and learning of high school Mathematics

and Physical Science.

Seventeen years after commencing with its outreach

work in Mathematics and Physical Science, the

Vula Programme continues to provide training and

enrichment opportunities for teachers and learners

from disadvantaged and marginalised communities.

As can be seen from this report, 2017 was another

particularly busy year for everyone involved with the

programme.

Vula Lodge

With the Vula Lodge now having been in use since April

2016, we are continually reminded how important it has

become in adding value to the training opportunities

offered by Vula, providing as it does comfortable on-

campus accommodation for teachers from further

afi eld in KwaZulu-Natal who cannot commute to and

from Hilton College each day.

The Lodge was extensively used by Vula during 2017. In

the fi rst six months it accommodated the VuMA 7 and

VuMA 8 intakes of teachers into the Vula Mathematics

Academy (VuMA), while during the school holidays

and the third and fourth terms it housed groups of

teachers and learners attending workshops ranging

in length from two days to two weeks.

In the limited times throughout the year when Vula did

not require on-campus accommodation, the Lodge

was rented out to the Sunfoil Dolphins Cricket Week,

the Hilton Festival and Cecchetti Ballet. This non-

Vula usage generated income which has been put

towards the maintenance and upkeep of the building.

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6 7

• Two Saturdays per term of teaching of 120 Grade 12 learners from up to 20 schools in the greater

Pholela and Mpendle district: These lessons were

taught at Pholela High School by Ms Nosiso Sosibo

and Ms Bomi Mtangayi, who are members of the

Vula Laptop Project.

• The annual Bergville Grade 11 Mathematics Olympiad took place in May for 95 learners from

twenty schools in the Uthukela district.

• A Grade 11 and a Grade 12 group from the Bergville district attended Mathematics workshops

at Hilton College. The groups were made up of the

top 12 learners identifi ed in the annual Bergville

Mathematics Olympiad in 2016 and 2017.

• Regular visits continued to teachers from previous

VuMA intakes.

• Four-day residential workshops were held at Hilton

College during the April and July school holidays,

each for 50 teachers from the King Cetshwayo and

Zululand districts.

• Two three-day workshops were attended by the FET

(Grades 7, 8 and 9) Mathematics subject advisers from the KwaZulu-Natal Department of Education.

• A two-day workshop was held for forty third year education students from the local campus of the

Durban University of Technology (DUT).

Vula Mathematics Project

The Vula Mathematics Project had another

exceptionally busy and productive year.

The project’s main activities were the VuMA intakes in

the fi rst two school terms of 2017, these being made

up of sixteen teachers in the fi rst term (VuMA 7) and

fourteen in the second term (VuMA 8).

A total of 104 teachers attended VuMA between 2014

and 2017. These teachers teach Mathematics to more

than 20 000 learners in township and rural schools in

KwaZulu-Natal.

As in previous years, each VuMA intake spent a full

school term of eleven weeks at Hilton College, being

exposed to new and exciting ways of teaching

Mathematics. This specialised in-service training takes

place with the approval and blessing of the KwaZulu-

Natal Department of Education.

The 2017 VuMA intakes included thirteen teachers from

the Pinetown district – this being part of the strategy to

include teachers from beyond the Umgungundlovu

district.

A teacher from one of the 2016 intakes sent the

following email during the year which clearly indicated

the impact of the training he had received while at

VuMA:

Good morning Sue

I truly hope you’re still well and in good spirit, I know

you’re very busy with VuMA 8 right now and can only

imagine how great that must be for them to learn from

one of the best. I just wanted to say Hi and let you

know that I personally still carry everything you taught

me into my Maths classroom every day. Today I’m

teaching GET’s geometry (construction of geometry

fi gures and geometry of shapes). I’m using one of

your sketchpads along with a powerpoint of my own.

Thank you so much for all that you and everyone at

Vula did for us last year. I truly miss my time there.

Kind regards,

Mpumelelo

(VuMA6 - 2016)

The Vula Mathematics Project also continued with its

other regular activities during the year:

• Thirteen teachers in the outlying Bergville and

Pholela districts make up the Vula Laptop Project: These teachers each have a laptop and

projector provided for their everyday teaching of

Mathematics. The members of the Laptop Project

attended two days of training each term at Hilton

College.

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8 9

Vula Science Project

The Vula Science Project continued with its work with

Science teachers, assisting with all aspects related to

the teaching of Physical Science. As in the past, this

work focused on assisting the teachers to develop the

skills and confi dence required to incorporate practical

work (experiments) into their everyday teaching, as is

required by the syllabus. During the year the project

worked with groups of teachers in the Mpendle and

Wartburg districts.

The project also undertook the following during 2017:

• Teaching and revision materials (Grade 12

study guides) were provided to 500 learners and

teachers at rural schools where these were most

needed.

• A four-day residential workshop for 35 Science

teachers took place at Hilton College during the

April school holidays.

• Seventeen Science projects from Vula schools were

entered into the local Science Expo. Of these,

eleven were selected to exhibit at the regional

Science Expo in Durban during August.

• Regular visits continued to schools to assist with practical work and revision.

• Mr Noel Robert of Hilton College undertook the

teaching of groups of Grade 12 learners from

schools in Estcourt and Wartburg.

• Science equipment was loaned to teachers at

more than twenty schools.

• The Science Laptop Group, which is made up

of fourteen teachers, has been provided with

loaned laptops loaded with appropriate scientifi c

teaching materials and resources.

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111110

Vula Careers Day 2017

The 16th annual Vula Careers Day took place on

Friday 17 February 2017. The day was attended by

520 Grade 12 learners and teachers from eleven Vula

schools. The day continues to focus on career and

training options which require above average Grade

12 results in Mathematics and Science.

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1312 13

PROTEC Mathematics and Science Week

During the winter school holidays Vula hosted the

PROTEC Grade 12 class for four days of intensive tuition

and revision. Teaching of the group was undertaken

by college staff members Mr Noel Robert and Mr Trevor

van Niekerk (Physical Science), and Mrs Charmaine

Padayachee and Mr Tim Mills (Mathematics).

Two of the PROTEC learners wrote the following at the

end of the week:

I most enjoyed being in the laboratories and doing

practical work. At my school this is not always

happening. We do not get the opportunity to wear

lab coats and safety glasses to do practical work like

we did here – which made me feel like a true scientist.

Thank you for contributing to my life’s journey to

success, you have helped build my confi dence and

you have given me the desire to work hard and study

hard.

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151514

Analysis of 2017 Grade 12Mathematic Results of VuMA Schools

The learner results were analysed for the 2017 fi nal

Mathematics examination in order to gauge the

impact of the VuMA intervention on their performance.

In order to compare the performance of VuMA schools

with similar schools in the Umgungundlovu district, the

results of the quintile 1 to 3 schools were compared for

VuMA and non-VuMA schools. 1

Learner retention

The following table shows the number of learners

who registered for the Mathematics examination,

compared with the number who actually wrote the

examination. The numbers are shown for non-VuMA

schools and VuMA schools that are designated as

quintile 1 to 3, as well as for quintile 4 to 5 schools for

comparative purposes.

Table 1: Learner retention in 2017 Mathematics matric

examination

No. of candidates registered

No. of candidates who wrote the exam

Percentage who registered

but did not write (drop-out)

non-VuMA schools

2019 1 254 38%

VuMA schools 1610 1 248 22%

Quintile 4 to 5 schools

2 159 2 004 7%

This table shows that there is a higher rate of learner

retention in Mathematics in the VuMA schools than

in the non-VuMA schools. In the non-VuMA schools,

38% of the registered candidates did not write the

Mathematics examination. In the VuMA schools this

fi gure is much lower, at 22%. One can conclude from

this that the VuMA intervention assists with retention of

Mathematics learners in Grade 12.

Included in this table is the drop-off rate for quintile 4 to

5 schools, which is a very low 7%. This shows that there is

a clear correlation between the socio-economic level

of a school (as indicated by its quintile designation)

and the retention rate of learners towards the matric

exam. The VuMA intervention is having signifi cant

impact in mitigating the negative impact of socio-

economic level on retention rates.

This table also shows that, in quintile 1 to 3 schools in the

Umgungundlovu district, the number of Mathematics

candidates from VuMA schools is comparable with

the number of candidates from non-VuMA schools,

testifying to the reach that VuMA is having into the

disadvantaged schooling sector in the district.

Comparison of Mathematics performance of learners

The following table shows the percentage of learners

that achieved results in a range of performance-

bands for VuMA and non-VuMA schools.

Table 2: Learner performance in 2017 Mathematics

matric examination

Poor performance

(fail)

Good performance (pass)

Ac

hie

ved

0-9

%

Ac

hie

ved

0-2

9%

Ac

hie

ved

30-1

00

%

Ac

hie

ved

40-1

00

%

Ac

hie

ved

60-1

00

%

non-VuMA schools

22% 59% 41% 24% 7%

VuMA schools 15% 54% 46% 30% 10%

The results from Tables 1 and 2 are depicted in the

graph below.

Impact of VuMA on performance of female learners

Of concern in South Africa is the performance of

female learners in Mathematics in the fi nal Grade 12

examination. Where there is no appreciable difference

in performance of male and female learners at Grade

9 level in disadvantaged schools, as reported in the

TIMSS 2011 study, by the time they are in Grade 12

male learners outperform female learners in the

Mathematics examination. It is therefore of interest

to determine whether VuMA is having an impact on

the performance of female learners. The following

table shows the percentage of female learners that

achieved results in a range of performance-bands for

VuMA and non-VuMA schools.

Table 3: Female learner performance in 2017

Mathematics matric examination

Did not

write

Poor performance

(fail)

Good performance (pass)

Ac

hie

ved

0

-9%

Ac

hie

ved

0

-29

%

Ac

hie

ved

3

0-1

00

%

Ac

hie

ved

4

0-1

00

%

Ac

hie

ved

6

0-1

00

%

non-VuMA schools

39% 25% 65% 35% 17% 4%

VuMA schools

22% 18% 61% 39% 22% 6%

The results from Table 3 are depicted in the graph at

the top of the next column:

This graph shows that female learners from VuMA

schools perform less poorly than their counterparts

from equivalent non-VuMA schools. Where 25% of

females in non-VuMA schools perform extremely

poorly (achieving only 0 to 9% in Mathematics), the

percentage of VuMA learners in this similar category

is signifi cantly lower, at 18%. The female pass rate for

VuMA schools is 39%, compared with 35% for non-

VuMA schools. This shows that VuMA is having a

positive impact on female learner performance.

A grave concern in South Africa is the dropout rate

of female learners during their secondary education

years, especially for learners from lower income

communities. Research has found a correlation

1 The quintile system is used by the DBE to designate all government schools as one of fi ve categories, with quintile 1 schools indicating the least advantaged institutions while quintile 5 designates the most advantaged public schools. The quintile to which a school was assigned was based on the rates of income, unemployment and illiteracy within the school’s catchment area.

2 Trends in Mathematics and Science Studies, 20113 Hendrik Van Broekhuizen and Nic Spaull, The ‘Martha Effect’: The compounding

female advantage in South African higher education, Stellenbosch Economic Working Papers, Nov 2017

4 Fuller, B. and Liang, X. (1999). Which girls stay in school? The infl uence of family economy, social demands, and ethnicity in South Africa. Washington, DC: National Academy Press.

between a family’s fi nancial strength and the

likelihood of the daughter’s dropout in South Africa.4

It is therefore noteworthy that VuMA is positively

impacting on retention of female learners, since only

22% of registered female candidates from VuMA

schools do not write the examination, compared

with 39% in non-VuMA schools.

Much still needs to be done with regard to

strengthening the performance of female learners

in Mathematics, since across all schools males

are outperforming females in Mathematics, as the

following graph illustrates.

This graph shows that learners from VuMA schools

perform less poorly than their counterparts from

equivalent non-VuMA schools. In particular, where 22%

of learners in non-VuMA schools perform extremely

poorly (achieving only 0 to 9% in Mathematics), the

percentage of VuMA learners in this similar category

is only 15%.

The pass rate (which is a fi nal mark of 30% and above)

for VuMA schools is 46%, compared with 41% for non-

VuMA schools, and the percentage of quality passes

(with performance above 60%) is 10% for VuMA

schools, compared with 7% for non-VuMA schools.

The fact that these disadvantaged schools are

clearly achieving better results than their equivalent

counterparts is signifi cant in a context that has multiple

systemic barriers to performance in Mathematics.

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1716 17

Impact based on classroom observations:

Teachers showed:

• good dedication and professionalism

• confi dence in integrating technology

appropriately

• effective use of diagrams and other visual tools

• meaningful questioning requiring thoughtful

responses

• learners were interested and participative

• teachers appeared confi dent in the subject

matter

• some prepared their own hand-outs – good

quality

• learners’ workbooks were well organised,

structured, with regular homework tasks and

feedback

Impact on teachers

Participation in the VuMA programme has resulted in

a distinct improvement in the quality of Mathematics

teaching that is taking place in the schools.

Impact on learners

The VuMA programme is having signifi cant positive

impact on learners’ perception of Mathematics and

on their performance in examinations.

Vula Lodge

• Creates a stable living base while attending VuMA

• Creates a greater sense of group cohesion and

collegial support

• Past VuMA teachers can organise weekend

workshops using the accommodation provided

by the Lodge.

Independent Evaluation

The Vula Programme greatly values the comments and

recommendations obtained from the independent

evaluations conducted on aspects of its work since

2008.

The latest evaluation, on the impact of the Vula

Mathematics Academy, was conducted during

the course of the year by Dr Sharon Grussendorff.

Dr Grussendorff’s report can be viewed at, and

downloaded from, the Vula website – www.hiltonvula.

com – click on About Us, and then on Annual Reports.

The main fi ndings of Dr Grussendorff’s evaluation were:

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1918 19

Strategic Planning

During the year the Vula Programme completed a

strategic planning and review exercise which looked

ahead, and planned for the next three years. The

planning process re-affi rmed Vula’s main academic

focus areas (Mathematics and Physical Science),

but also provided for the option to add additional

subjects, depending on the availability of long-term

sustainable funding for the expansion.

It was further agreed that a second Vula Lodge was

urgently needed, and that sourcing the required

funding for this additional facility was an immediate

priority.

It was recognised that fi nding the right staff for Vula

was crucial and plans were put in place to deal with

Vula’s future staffi ng requirements.

Vula website and video

During the year a new Vula website was developed.

The new site is easily accessible at www.hiltonvula.com

In addition, a fi rst Vula video was also completed and

uploaded to both the Hilton College and the Vula

websites. The video, which tells the story of the Vula

journey of a Maths teacher from an outlying rural

area, was particularly well received. It is intended to

fi lm a further two videos during 2018.

Vula Staffi ng

Ms Ann McLoughlin who had been with the Vula

Mathematics Project for four years stepped down at

the end of 2017. Ann had been the main Vula contact

person with the teachers once they had returned to

their schools after a term at VuMA and she will be

sorely missed by everyone. Ann’s replacement is

Mrs Elaine Smallbones who is a highly experienced

Mathematics teacher.

Thanks

None of the above would be possible without the

support and encouragement received from many

people, organisations and businesses – locally,

nationally and internationally. To each and every one

who supports us, we owe an enormous debt of thanks.

Thank you for making it all possible.

Lloyd Smuts

Director of Outreach, Vula Programme at Hilton

College

[email protected]

February 2018

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2120

VULA PROGRAMME AT HILTON COLLEGE

(THE HILTONIAN SOCIETY NPC)

Registration Number: 1928/001172/08)

SUMMARY FINANCIAL STATEMENTS31 December 2017

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2322 23

Deloitte &ToucheRegistered AuditorsAudit & Assurance KZNDeloitte Place2 Pencarrow CrescentPencarrow ParkLa Lucia Ridge Offi ce EstateLa Lucia 4051Docex 3 Durban

Tel: +27 (0) 31 560 7000Fax: +27 (0) 31 560 7351www.deloitte.com

PO BOX 243Durban 4000South Afi ca

National Executive: *LL Bam Chief Executive Offi cer *TMM Jordan Deputy Chief Executive Offi cer; Clients & Industries *MJ Jarvis Chief Operating Offi cer*AF Mackie Audit & Assurance *N Sing Risk Advisory *NB Kader Africa Tax & Legal TP Pillay Consulting S Gwala BPS *JK Mazzocco Talent & Transformation MG Dicks Risk Independence & Legal *TJ Brown Chairman of the Board Regional Leader:*R Redfearn

A full list of partners and directors is avaiable on request *Partner and Registered Auditor

B-BBEE rating: Level 1 contribution in terms of the DTI Generic Scorecard as per amended Codes of Good Practice

Associate of Deloitte Africa, a Member of Deloitte Touche Tohmatsu Limited

Deloi e & ToucheRegistered AuditorsPer: Kim Peddie CA (SA), RAPartner24 March 2018

INDEPENDENT AUDITOR’S REPORT ON THE SUMMARY FINANCIAL STATEMENTS TO THE BOARD OF GOVERNORS OF THE VULA PROGRAMME AT HILTON COLLEGE Opinion The accompanying summary financial statements, which comprise the summary statement of financial position as at 31 December 2017, the summary statement of profit or loss and other comprehensive income, changes in equity and cash flows for the year ended, and related notes, are derived from the audited annual financial statements of the Vula Programme at Hilton College for the year ended 31 December 2017. In our opinion, the accompanying summary financial statements are consistent, in all material respects, with the audited financial statements of Vula Programme at Hilton College, in accordance with International Financial Reporting Standards (IFRSs) and the requirements of the Companies Act of South Africa as applicable to summary financial statements. Summary Financial Statements The summary financial statements do not contain all the disclosures required by the International Financial Reporting Standards and the requirements of the Companies Act of South Africa as applicable to financial statements. Reading the summary financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited financial statements and the auditor’s report thereon. Board of Governors’ Responsibility for the Summary Financial Statements The Board of Governors is responsible for the preparation of the summary financial statements in accordance with International Financial Reporting Standards (IFRSs) and the requirements of the Companies Act of South Africa and for such internal control as the Board of Governors determine is necessary to enable the preparation of the summary financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects, with the audited financial statements based on our procedures, which were conducted in accordance with International Standard on Auditing 810 (Revised), Engagements to Report on Summary Financial Statements.

VULA PROGRAMME AT HILTON COLLEGE REPORT OF THE BOARD OF GOVERNORS for the year ended 31 December 2017

The Governors have pleasure in presenting their report for the year ended 31 December 2017.

NATURE OF BUSINESS

The Vula Programme at Hilton College is a community service educational outreach programme carried out by The Hiltonian Society (Non Profi t Company) on behalf of the Programme sponsors. This Programme is distinct and separate from both the principal objects of The Hiltonian Society and its operations and is funded from sources external to the Society. Accordingly, the underlying assets and activities are not consolidated with those of the Society and are the subject of a separate set of fi nancial statements. The following notations are relevant to the custody of the underlying assets:-

a) The funds supporting the Programme are held in current and money market accounts with commercial banks;

b) The principal objective of the Programme is to contribute to the improvement of education in the Midlands of KwaZulu-Natal with the focus on under-resourced schools in the area, and the teachers and students at these schools;

c) The Programme assets are separate from those of the Society and are subject to the control and authority of a specifi c committee charged with carrying out this programme.

REVIEW OF THE OPERATIONS FOR THE YEAR

The fi nancial position of the Programme at 31 December 2017 is set out in the attached annual fi nancial statements. The statement of profi t or loss and other comprehensive income refl ects a total comprehensive income for the year of R27 900 (2016: R35 208)

PROGRAMME CHAIRPERSON

Mrs D K ten Hope

PROGRAMME GOVERNORS

The Programme Governors during the year under review and at the date of this report were:-

Mrs D K ten Hope (Committee Chair)Mr A E Franklin (Ex Offi cio)

PLACE OF BUSINESS

Primarily based at Hilton College, Hilton College Road, Hilton 3245. However, there are a number of satellite centres established within the immediate area.

SUBSEQUENT EVENTS

No material event has occurred between the year end and the date of this report, which requires disclosure in, or adjustment to, the annual fi nancial statements.

BY ORDER OF THE BOARD

A E FRANKLIN CHAIRMAN OF THE BOARD OF GOVERNORSD K TEN HOPE PROGRAMME CHAIRPERSON

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director: lloyd smuts

private bag 6001 hilton 3245 south africatel: 033 383 0100 • fax: 033 383 0163cell: 072 435 2451email: [email protected] www.hiltonvula.comwww.facebook.com/vulaprogramme


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