TO KENYA WITH LOVE INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PAGE Simplified Truslees, Annual Rew)rt Independent Examiner's Report Ststement of Financial ,4ctivities Ststemenl of Financial Position io otes to the Financial Stalem¢nts TO KENYA WITH LON'E REPORT OF THE TRLISTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (HARITY co1￿1 Trustees. Annual Report for the period Period start date Period end date From January 2023 To 31 December 2023 Section A Reference and administration details Charity nam Community Care Resources International Trust Other names charity is known b To Kenya With Love Registered charity number (if any 1063960 Charity's principal address We Are Hope Church formerl Diss Christian Comrnuni Vinces Road Church Diss. Norfolk Postcode IP22 4HG Names of the charity trustees who manage the charity Trustee name Office (if any) Dates acted rf not for whole year Name of person (or body) entitled to appoint trustee lif an Mr Philip Ball Mrs Diane Ball Trustees Trustees Mrs Sallyjames Fry Mr Stephen Kidd Mrs Teresa Molden Trustees Chair Trustees Secretary Trustees Mrs Janet Newberry Trustees Mr Trevor Cam bell 0210212023 - 3111212023 Trustees Mrs Jane Cam bell 0210212023- 3111212023 Trustees Names and Addresses of advisers (Optional information) Name ddress ype of adviser Treasurer Mr Christopher John Squires 2 Sancroft Way Fressingfield Eye Suffolk IP21 SQN Name of chief executive or names of senior stsff members (Optional inforniation) Mr Christopher Wheat (Volunteer Field Worker) TO KENYA WITH LOVE REPORT OF THE TRLISTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Section B Structure, overnance and mana ement Description of the charity's trusts Trust Deed Type of governing document (eg. trust deed, constitution) How the charity is constituted (eg. trust, association, company) TrusVRegistered Charity Trustee selection methods (eg. appointed by, elected by) Trustees are appointed by existing Trustees and future appointments are selected from the Charity's existing pool of supporters andlor will be people closely associated with the Charity and supportive of its ethos and ob ectives. Additional governance issues (Optional infomiation) An additional Community Based Organisation (CBO), To Kenya With Love Ministries, is established in Kenya. The CBO is operated by a local Board, both because our school programme necessitates it, with foreigners not being allowed to own land in Kenya, and because we believe in working wrth and through local people. The members of the Kenyan Board are.. Janet Newber Chair UK Trustee. Geor e Mcomwanda Vice Chair Pastor. Chris Wheat Treasurer To Kenya With Love volunteer field worker. Member Financial Officer Bob Kenned Odhiambo Holdings. Emerging Capital David Abdalla On 'owo - Project Co-ordinator for young people.s health. Samuel Abara - Interior Designer. Irene Atieno On o - Research Nurse. an TO KENYA WITH LOVE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Section C Ob'ectives and activities We provide education to underprivileged children in Kisumu, Kenya. We do this by running our own nursery and primary schools and by providing funding to pay for fees, uniforms and books for poor children attending other schools and education facilities in the city and beyond. Charitable objects: a) to advance the Christian faith b) to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby c) to advan￿ education in accordance with Christian principles d) to advan￿ the provision of employment and training for employment e) to promote social responsibility fj to promote the rehabilitation of persons affected by drug, alcohol and other substance addiction g) general charitable purposes Summary of the objects of the charity set out in its governing document The principal objectives of the Charrty are to provide a better future for underprivileged children and their families living in the Kisumu area of Kenya by providing them with education and training that they would not otherwise be able to afford. The main activities of the Trust can be broken down in the following ways" Sponsorship of children's education: Individual children are found sponsors in the UK who commit to help underwrite the costs of the child's education at a rate related to the age of the child and the type of school. Summary of the main activities undertaken for the public benefit in relation to these objects {include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Sponsorship of a child's education means care for the whole person and includes providing two meals a day, school uniform and books. Medication is also provided when the child is sick. It also means that Ghildren know that a named individual is supporting them. To Kenya Wrth Love keeps sponsors informed of the child's progress by means of regular individual update reports, and sponsors are able to send letters and gifts to their sponsored children if they choose to do so. School development". In 2006, the Charity acquired land to build a nursery and primary school. Over the years since 2006 the buildings and other on-site facilities have been completed but the continuing development and maintenance of the site remains a prime objective of the Charity. In 2023 in response to changes in the Kenyan education system, a Junior High School was established in temporary buildings. We aim to move this to permanent buildings on a new site adjacent to the existing one starting in 2024. TO KENYA WITH LOVE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Financial assistance: The Charity also receives and handles specific donations for the provision of financial help to other individuals and projects in the Kisumu area whose objectives fall within those set out in the Trust Deed. This now includes the training. financial support and encouragement, by way of short-terrn loans. for locally based micro-enterprises in the area near to the school. The payments and repayments are regularly monitored locally. Public benefit: Vvhen planning our activities for the year the Trustees have considered the Charity Commission's guidance on public benefit. This principle is fundamental to To Kenya With Love's operation as a Charity. The Trustees believe that the work of the Charity demonstrably creates benefft for the public in Kenya, with over 400 children and young people - many in povety situations receiving an education, school unifomi, school meals and where ne￿SSary medical treatment. The Trust believes in promoting the welfare of the whole person. The schools at which supported children are educated are carefully selected and are monitored to ensure they are operated in accordance with Kenyan law. Increasingly, children and young people will be attending Simon Newberry School. where their progress is monitored by our own staff. Additional details of objectives and activities (Optional inforniation) You may choose to include further statements, where relevant, about.. All Trustees are unpaid volunteers" they are free to claim reimbursement for travel and administrative expenses related to the operation of the Charity. policy on grant-making., policy programme related investment., The Charity pays the rent and contributes to the utility costs of their volunteer field worker as well as the insurance and maintenance of his motorbike. Contributions to his other living expenses are made directly to him from individuals and churches in the UK. contribution made by volunteers. TO KENYA WITH LOVE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Section D Achievements and performance Summary of the main achievements of the charity during the year Summa of the main activities and achievements of the Chari in 2023: We established a Finance Committee consisting of two trustees and the Treasurer. who now hold monthly meetings to review our finances. This will enable us to react to more quickly to financial challenges and to set acGurate targets for fundraising through the year. We formulated a draft Financial Reserves policy and quantified the amount of reserve to be held. By year-end we had around 80,/0 of this Money in place and aim to have the whole amount in resenie by end- 2024. Two trustees visited the project for 10 days during April. They observed teaching practice, ran musical activities for the children and looked at the condition of the school buildings. New fundraising initiatives including a Charity Meal, Coffee Mornings, a Quiz Night and a Charity Auction of Promises were organised. Training courses for three of our existing teachers were funded to qualfy them to teach in the new Junior Secondary school. A meeting of Simon Newberry School alumni was held to encourage them to contribute toward sponsorship of new pupils. One of the Kenyan trustees has taken responsibility for alumni sponsorship. Purchase of new land for the Junior High School continued through the year, the process having been extended by the need to re-map and re-register the area in which it is sited. The purchase should complete early in 2024. Ob ectives for 2024 include.. Finalising the Junior High School land purchase and commencing build of permanent classrooms on the site. Organising a working party from the UK to undertake maintenance work on Nursery and Junior School buildings, including painting of all exterior walls. Equipping the Junior High School Laboratory to comply with the new science curriculum. Establishing and maintaining the full Financial Resenie amount as recommended in the new Financial Resenie Policy. The amount to be reviewed annually at the end of the year. TO KENYA WITH LOVE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Section E Financial review The Trustees of To Kenya With Love have written a sustainable financial reserves policy which quantifies the sum to be held against unforeseen emergencies, and most of this money had been put in reserve by the end of 2023. We aim to bring this up to the full recommended level in 2024 and to review the recommended reserve amount annually. Brief statement of the charity's policy on reserves Meanwhile controls have been put in place to avoid over-commitment of resources and regular monthly controls. Controls have also been implemented to improve the transparency of financial transactions between the UK and Kenya, and for the auditing of designated donations by the staff in Kisumu. Activities in Kenya are managed by the local team. Risks associated with these activities are regularly assessed and improvement implemented where possible. The To Kenya Wrth Love supporters regularly seek out additional ways of raising support for the Trust's activities. The Trustees request to be involved in reviewing these opportunities. Details of any funds materially in deficit None Further financial review details (Optional infomiation) Finance The UK Trustees continue to work with the team in Kisumu to increase local funding to reduce the dependency on UK support. You may choose to include additional information. where relevant about- the charity's principal sources of funds (including any fundraising)- how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Review of the Financial Position at the end of the Reporting Period During the period receipts from sponsorships increased by almost £12k however gift & gift aid receipts had decreased by just over £55k. In addition, the new fundraising inrtiatives implemented during 2023 raised around £21 k of 'new money , which allowed us to establish most of the Financial Reserve we had identified as being required. As a result receipts for the Charity decreased during the period by £22,328 to £166,815. Our budget for the year was up by around 30 %, as highlighted in the 2022 review. However, a significant increase in the SterlinglKenyan Shilling exchange rate meant that we were able to meet budgeted expenditure for the period. As a result payments for the Charity decreased during the period by £31,551 to £164,350. TO KENYA WITH LON'E REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees are committed to continuing this level of fundraising activity and the monthly Finance CommFttee meetings will be responsible for informing trustees as to the level of fundraising required to continue to meet our budgeted running costs taking into account exchange rate fluctuations. The total available ftjnds at the end of the year were £52,823, an increase of £2,466 on the previous year-end. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees. report above. Signed on behalf of the charity's trustees Signature(s) Full name{s) Mrs Janet Newberry Position (eg Secretary, Chalr. etc) Trustee Dat CI Ofl.JL¥ TO KENYA WITH LOVE tNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TO KENYA WITH LOVE I repx>rt to the trustees on my examinaiion of the financial statements of To KenJ"a With Lovc (thc chariryl lor the year ended 31 December 2023. Responsibilities and basis of report As th¢ trustce5 of thi charitv vou are res￿nsible lor thc prcparation of the financial slatcmcnts in accordance wilh the requiretnents of thc Charitics Act 2011 (Ihe 2011 A￿). l report in respect of my examinaiion of ihe charilTr"s financial statemenis carried out undcr section 145 of the 2011 Act. In carrying out my examination I h TO KENYA WITH LOVE STATEMENT OF FtNANCIAI. ACTIITITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted nds 2023 Restricted funds 2023 Tot#1 Total 2023 2022 Notes Voluntary income Investment income 43.582 238 122.996 166.578 238 189,135 Total receipts 43.820 122.996 166,816 189.144 Direci charitable expenditurc 2.226 161.882 164.108 195,658 Othcr cxpcnditure 24? 242 243 Total payments 2.468 161.882 164.350 195,YO I Net ineomingl{outgoing) resourc¢5 before transfers 41.352 138.886) 2.466 16.757) Gross Iranslers beli% een lunds (43.005) 43.005 et (expenditurellincome for the yearl Net movement in fund5 (1.653) 4.119 2.466 16.757) Fund balanccs at l January 2023 27.574 22.783 50.357 57.114 Fund balances at31 December 2023 2).921 26.902 52.823 50,357 The statcmcnt ot linancial actiVi(ies inLludes all oain5 and losses recognised in Ihe s'ear. I'hc statemLnt ot tinancial aciivili¢s includcs all gains and losses recognised in Ihe N"ear. All income and expendirure dcrii'e Irom coniinuing a¢livities. TO KENYA WITH LOVE STATEMENT OF FfNANCIAL POSITION AS AT 31 DECEMBER 2023 2023 2022 Notes Fixed assets Tangible assets io 227 227 Current a55tts Cash at bank and in hand 52.596 50.130 Net currcnt &sscts 52.596 50,130 Total assets less Current liabilities 52,8?3 50,357 Income funds Rcslrictcd l-und5 Unrestricted tunds 12 26.902 25,9?1 22.783 27.574 52.823 503)7 I'he financial statements ￿'Cre approi.ed by ihe Trusiees on . Mr5 Janc Trustee ci%"bcrry 10- TO KENYA WITH LOVE N'OTES T THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies 1.1 Afeovnting eonvention The financial statemcnts havc becn prepared in accordance with the Lharit) s goweming docutnent. the Charities Act 2011 and 'ALcounting and Rcporting bv Charities= Statemeni of Recommended Practicc applicable to charities preparing their accounts in accordance w.ith thc Financial Reporting Standard applicable in the UK and Republic ot Ircland (FRS 102) {effective l January 2019)". Thc charity is a Public Benetii Entiry as detined by FRS 102. The charitv has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to preparc a Statcment of Cash FIOH'S. The financial statements have departed from the Charitics (Accounts and RetM)rtsl Regulations 2008 ottlv to the extent required to provide a Irve and fair view. This departure has i￿￿01ved follow'ing the Siatement of Recomtnendcd Practice for chariiies applying FRS 102 raihcr than the i'crsion of the Staiement of Recommended Practice M,hich is referred to in the Regulations bui M hich has sincc been w.ithdrawn. The tinancial ststemenis are prepared in sierling. ￿"hich 15 the lunctional currcncy ot the charilv. Monetary amounls in these financial statcmcnts are routtdcd io the nearest £. The financial staiements have ￿en prepared undcr ihc historical cost coni'ention. The principal accounting policies adopted are sel oui below. Going concern Ai the time ol- approving the Iinancial slaLemenis. the trusiee% ha*e a rwonable expectation that the chariry has adequate resourccs to continuc in operaiional e.xistence for ihe forcs¢cabl¢ futurc. Thus ihL trustees continue io adopt ihc going cunLcrn basis ol-accounting in preparing ihe linancial 5tatcments. Charitable funds Unreslricied fund5 arc avdilable for Usi at the discreiion ot the irusiees in lurtherdncc of thcir charitable obj¢ciives. DcsignatLd tunds arL unrestricted lunds eamiarL¢d ai ihe discretion ot'ihc trusiLcs tor particular purposes. Restricted lunds are subject io spccific conditions bi donors or grantors as tn ho￿ theN' ma), bc used. The purposes and uses ot-the restriLted funds are 5¢1 out in th< notes to thc tinancial staiements. 1.4 Income Incomc is rLcognisid when the Lharili is legallTr ¢nliil¢d iv it aticr any Ftrtorn]anci condiiions haTre b¢cn met. thc amount5 Lan bc Tneasured rcliabl}. and it is probable ihai in¢ome will k rcLCllCd. Cash donations are reLognised on reLeipl_ Oihrr donations arc reLognised once ihe Lharilv ha5 bccn notitied ot- thL donaiion. unlLss PLrlormance iondilions r¢4uir¢ dcfcrral ol- thc atllouni. InLome LLX reco%ernbl¢ in rclation to donations reLcivLd undir Gitl Aid i)r deeds ol-Lovenani 15 rciognised at the timc ol'ihe donaiion. Voluntary inLome is receiN'ed ay of donaiions and gifts and is included in tull in the Statemeni of FinanLial Actiw itics .hcn rcccivablc. Donaied &%seis are included ai lh¢ value to ihc charity." whcrc this can be quantitied and a third party is bcai'ing the Lost. The value of ser¥iLes prowidcd bv &olunteers has noi been included. 11 TO KENYA WITH LOVE NOTES TO THE FINANCIAL STATEMENTS CONTtNUED FOR THE YEAR ENDED 31 DECEMBER 2023 Acco￿nI]ng polities (Continued) .5 Expenditure Expcnditure is recogniscd once there is a leeal or conslructive obligaiion to Iransfcr cconomic benefit to a third party, it is probablc that a transfer of cconomic ￿nefItS ￿ ill be required in setil¢tnent. and the atnount of the obligation can bc measured reliably. Expenditure is classified bv aciivitl". The cos(s of cach aclivitv arc madu up of the total of direct cosis and shared costs. including support costs involved in undertaking each activilv. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs w'hich coniribuie ￿ rnorc than one activitv and supp)rt costs whi¢h arc not attributablc to a single actii'it%' arc apportioncd beiween those aciii".ities on a basis con5i5tent with the use of resources. Ccntral staff costs aTC allocated on the basis of (ime spent. and deprcciation charges are allocated on the portion of thc assei s use. Resourccs expcndcd are recognised in the N'ear in which ihey are incurred. Fund raising costs arc Ihose Incu￿ed in seeking voluniarv contribuiions and do noi inLludc the costs ot'disseminating infortnation in support of the charitable aciikiiie5. Direct charitabl¢ ¢xp¢nditure compriscs those costs incurred bj" lh¢ Charil)"" in ihc dclii'crv of its activities and services lor lis b¢n¢fiLiaric5. Indire¢l chariiable menis discounlcd at a markct rate of interest. Financial liabililics classificd as pavable withan one y¢ar arc not amortised. Debt instruments are subsequently ¢arricd at amortised cost. using the effective inieres( ratc mcihod. Tradc creditors are obligations to paN' for goods or services that have been acquired in (he ordinary course Ot operations frotll suppliers. Amounts pa￿able are classified as current liabilitics if paymcnl is due w'ithin onc vcar or Icss. If not. they are presentcd as non-current liabiliiies. Trade creditors are rccogniscd initially at transaction price and subsequently measured ai ￿Ort]s¢d cost using the effectiNe inierest meihod. Derecogniiion offinancial liabilities Financial liabilities are derecognis¢d ivhcn the charit) 5 conirdctual obligaiions expirc or arc discharged or ¢an¢elled. A5S¢ts and liabilities in foreign currencies arc iranslatd into stLrling at the rdtes of ¢xchangc at the balance sheet datc. I'ransactions in foreign currencies ar¢ Iranslaicd into stcrling ai the rate of exchang¢ ruling at ihc date of transaction. Exchange difterences are taken inio ￿COUnt in arriving at the opernting resuli. Critic41 gcfounting estimates and judgements In the application ol- thL charitv's accounting px)licies. the trust i2.337 22,783 13 Unrestricted funds ThL uni'LStriLtcd lunds ol-the Lharii%' Lomprise Ih¢ uncl￿nd¢d balancLS Ot donations and grants ￿h1¢h ar¢ not 5ubjcit to sp¢Li IIL Londitions b%. donors and grantors as 10 hoiv ihej ma) b¢ us¢d_ "l-hesc inclLidL dLsignaied tunds hiLh h(Iv¥ b¢¢n sei asid¢ out ol- unrc5trictcd tunds bi thL irusiees lor specific purtX)ses. At l January 2023 Incoming resources Resource$ expended Tr4nsfersAt 31 December 2023 GLnL"ral funds 27.)74 43.820 12.468> 143.00) I 25.921 Previous year: At l Januarv 2022 Incoming 5011rces Resource5 expended TrAnsfersAt JI December 2022 6¢niral lunds 42.966 39.943 12.998) 152.3371 27.574 16- TO KENYA WITH LOVE NOTES TO THE FINANCIAL sTATE￿￿NTs CONTtN'UED FOR THE YEAR ENDED 31 DECEMBER 2023 14 Analysis of net assets between fund$ Unrestricted funds 2023 Restricted fund5 2023 Total Total 2023 2022 Fund balanccs at 31 December 2023 arc rcprcscntcd by- Tangible asseis Current &ssetsl(liabilities) 227 25.694 227 52.596 227 50,130 26.902 25.921 26,902 52.823 50,357 15 Restricted and unrestricted ineome funds Bglanee 2tOI.01.23 Incoming resourte5 Outgoing r¢source5 TrAll5fers Balgn¢e at31.12.23 Unrestricted funds Restrictcd tunds 27.574 22.783 43.820 122.996 (2.4681 (161.8821 (43.0051 43.005 25.921 26.902 50.3)7 166.816 1164.350) 52,823 Unrrstriitcd funds inLluded the balan¢e held i*iihin thi. No.2 bank" acLount. This balancc consisted ol-lhe folloiving fund5. dcsignatcd to bL" held in reserTrs"e ai ihr di5crclion of Ihc Irtjstees. to ensure that funds arc ai'ailable t() m¢¢t luturc aniicipai¥d c.xpcnditurc rcquiremenis in ihe lollow.ing arcas= Designated funds Admin Costs Rescr*L Fund Farcs Rcscrve Fund Christmas Gills Fund Emcrgencv Needs ReseTrc Fund Unilorm R¢serves Fund High S¢hoollCollcgc F'LL"s Reserie Fund General R¢s¢r￿¢ Fund 16) 217 337 544 2.100 13.497 l i.000 Ai 31 Deccmber 2023 31.689 16 Trans*etlOllS Wlth Trustees and Other relattd partits t￿rIng the year a sum ol- £162 was rcimbursed to Mrs Janei NeiTrbcrTr in relaiion io e.￿￿n￿lIurC paid on behall- ot- the Charity12022 - £292). During ihe j'ear the Charit). has also made SUPTX)rt pavTnent5 of £3.123 12022 £2,832) towards Chris Wheat's accommodation costs in Kcnya and Irai'el expenses ￿h11$1 visiting the UK. 17-