Pharaoh's Dream Trust
Chairman's report
The primary commitment of the Trust has remained the primary school (Kids of Promise Academy) in
the slums of Nairobi run by Pastor William Ademba and his wife Millicent. The school was
established to create a holistic society based on Christian values by offering quality, affordable
education to the less privileged in the slum in Kahawa West. Kids of Promise school has enrolled 320
pupils. of which 51 are on the full sponsorship programme. In August 2023. the trustees agreed to
underwrite the deposit towards the purchase of adjacent land (measuring 40 feet by 80 feet) to
accommodate the school's expansion. Accordin8 to the most recent financial report from the
school, 65 per cent of the land purchase cost has been made. The trustee5 are considering making a
further donation to enable the purchase to be completed. The trustees receive regular progress
reports on the School's activities and progress. The school held its 9 annual graduation ceremony in
October 2024.
In June 2024, the Trust donated £1,000 to Kickstart International, whose CEO is Dr Martin Fisher.
Over the past 25 years, Kickstart has sold more than 400,000 manually operated hydraulic water
pumps which enable land to be irrigated and crops to be raised independently of rainy seasons,
enabling year-round food production.
Peter Warburton
28 January 2025

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## **Independent Examiner's Report to the trustees of the Pharaoh's Dream Trust  (1059605)** 

I report on the accounts for the year ended 31[st] March 2024. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under the Charities Act 2011 and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- to state whether particular matters have come to my attention 

## **Basis of independent examiner's report** 

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view **'** and the report is limited to those matters set out in the statement below'. 

## **Independent examiner's statement** 

In connection with my examination, no matter has come to my attention: 

- (1) which gives me reasonable cause to believe that in any material respect the requires: 

   - to keep accounting records in accordance with section 130 of the 2011 Act; and 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 

- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## Jamie Spears FMAAT 

- 4 Tanglewood Place, Danbury, Essex, CM3 4FP 

- 29 January 2024