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2023-03-31-accounts

TRUSTEE’S ANNUAL REPORT From 1 April 2022 too 31 March 2023

Section A Reference and administration details
Charity Harambee Schools Kenya
Registered charity number 1078592
Charity trustees: Michael Harris
Rowan Planterose
Charlotte Long
Rachel Owen
Amie Willenberg
Mark Durston
Appointment of trustees: Under the Trust Deed at least three trustees are entitled to
appoint new trustees.
Section B Structure, governance and management

The governing document is a trust Deed dated 10 September 1999 amended by supplemental deeds dated 18 November 1999, 5 April 2005 and 1 September 2006. The charity is constituted by the original Declaration of Trust.

The selection of trustees. In selecting persons to be appointed as trustees, the trustees take into account the benefits of appointing a person, who through residence, occupation, employment or otherwise has special knowledge of the area of benefit and is able by virtue of his or her personal or professional qualifications to make a contribution to the pursuit of the objects or the management of the Charity.

Sections C and D Objectives and activities and achievements

To advance education working with rural Kenyan communities to improve educational standards and opportunities, by funding construction projects in schools and providing educational materials including textbooks, bursaries, salaries for non-governmental teachers and ancillary staff, the activities being concentrated in the area of the Rift Valley and Central province around the town of Gilgil.

The main activities during the year have been:

Building works in progress were monitored by our chartered surveyor trustee and up to 10 schools were inspected by at least three trustees.

Fundraising has continued throughout the year and we are indebted in particular to our donors.

Section E

Financial review

Income for the year to 31 March 2023 amounted to £38,712.87 (2021-22: £25,478.72) with expenditure of £40,273.02 (2021-22: £27,290.98). There was therefore a net decrease in funds of -£1,560.15 (2021-22: -£1,812.26) in the year, with a closing total funds balance of £39,757.30 (2021-22: £45,719.88) at the end of the year.

Income was predominantly made-up of voluntary donations and grant income totaling £38,712.87 (2021-22: £25,208.69), in addition to investment and interest on cash balances of £278.97(2021-22: £5.43).

Expenditure was as follows:

Description £ Amount Details
Project expenditure 28,484.46 Teacher salaries, school lunch programmes,
school infrastructure and desks.
Bursary payments 4,461.02
Management & admin 4,713.88 Management and administration expenditure
therefore represented 11.7% of total
expenditure duringtheyear.
Trustee Insurance 706.22 Increase due to trustee residing permanently in
Kenya.
Fundraising& Publicity 973.94 School lunch box bank fees.
Volunteer Programme 933.50 A new programme that encouraged UK students
to volunteer at the schools through structured
programmes.
TOTAL 40,273.02

Management and administration expenditure being 3.96% of total expenditure during the year; the remaining 96.04% was spent directly on direct charitable activity.

Section G Declaration

This report was approved by the trustees on

Signed on behalf of the trustees

30 December 2023 Amie Willenberg, CEO

HARAMBEE SCHOOLS KENYA

CONSOLIDATED ACCOUNTS FOR THE 12 MONTHS ENDED 31/3/2023

HARAMBEE SCHOOLS KENYA
CONSOLIDATED ACCOUNTS
FOR THE 12 MONTHS ENDED
31/3/2023
Figures in £s
STATEMENT OF FINANCIAL ACTIVITIES
2021-22
2022-23

31/3/2021 31/3/2021

INCOMING RESOURCES
Donatons and Grant Income
25,208.69
38,433.90

Interest & Investment Income
270.03
278.97

Gift Aid Reclaim
0.00
0.00

Other Income
0.00
0.00

25,478.72
38,712.87

RESOURCES EXPENDED
Project Expenditure
18,434.48
28,484.46

Bursary Payments
2,735.20
4,461.02

Fundraising & Publicity
791.01
973.94

Management & Administration
5,053.89
4,713.88

Trustee Insurance
0.00
933.50

276.40
706.22

27,290.98
40,273.02

NET MOVEMENT IN FUNDS
-1,812.26
-1,560.15

BALANCE SHEET
ASSETS
KSH cash balances (Kenya)
1,570.83
1,844.00
ABSA (ksh)
125561.15
Cash in bank (UK)
6,815.05
2,377.95
Equity (ksh)
176071.25
Investments
37,334.00
35,535.35
301632.4
Loans
0.00
0.00

45,719.88
39,757.30

FUNDS
Bursary Funds
Restricted Project Funds
18,082.77
12,271.75

Unrestricted Funds
14,096.05
4,168.26

13,541.06
23,317.29

45,719.88
39,757.30
HARAMBEE SCHOOLS KENYA
CONSOLIDATED ACCOUNTS
FOR THE 12 MONTHS ENDED
31/3/2023
Figures in £s
STATEMENT OF FINANCIAL ACTIVITIES
2021-22
2022-23

31/3/2021 31/3/2021

INCOMING RESOURCES
Donatons and Grant Income
25,208.69
38,433.90

Interest & Investment Income
270.03
278.97

Gift Aid Reclaim
0.00
0.00

Other Income
0.00
0.00

25,478.72
38,712.87

RESOURCES EXPENDED
Project Expenditure
18,434.48
28,484.46

Bursary Payments
2,735.20
4,461.02

Fundraising & Publicity
791.01
973.94

Management & Administration
5,053.89
4,713.88

Trustee Insurance
0.00
933.50

276.40
706.22

27,290.98
40,273.02

NET MOVEMENT IN FUNDS
-1,812.26
-1,560.15

BALANCE SHEET
ASSETS
KSH cash balances (Kenya)
1,570.83
1,844.00
ABSA (ksh)
125561.15
Cash in bank (UK)
6,815.05
2,377.95
Equity (ksh)
176071.25
Investments
37,334.00
35,535.35
301632.4
Loans
0.00
0.00

45,719.88
39,757.30

FUNDS
Bursary Funds
Restricted Project Funds
18,082.77
12,271.75

Unrestricted Funds
14,096.05
4,168.26

13,541.06
23,317.29

45,719.88
39,757.30
HARAMBEE SCHOOLS KENYA
CONSOLIDATED ACCOUNTS
FOR THE 12 MONTHS ENDED
31/3/2023
Figures in £s
STATEMENT OF FINANCIAL ACTIVITIES
2021-22
2022-23

31/3/2021 31/3/2021

INCOMING RESOURCES
Donatons and Grant Income
25,208.69
38,433.90

Interest & Investment Income
270.03
278.97

Gift Aid Reclaim
0.00
0.00

Other Income
0.00
0.00

25,478.72
38,712.87

RESOURCES EXPENDED
Project Expenditure
18,434.48
28,484.46

Bursary Payments
2,735.20
4,461.02

Fundraising & Publicity
791.01
973.94

Management & Administration
5,053.89
4,713.88

Trustee Insurance
0.00
933.50

276.40
706.22

27,290.98
40,273.02

NET MOVEMENT IN FUNDS
-1,812.26
-1,560.15

BALANCE SHEET
ASSETS
KSH cash balances (Kenya)
1,570.83
1,844.00
ABSA (ksh)
125561.15
Cash in bank (UK)
6,815.05
2,377.95
Equity (ksh)
176071.25
Investments
37,334.00
35,535.35
301632.4
Loans
0.00
0.00

45,719.88
39,757.30

FUNDS
Bursary Funds
Restricted Project Funds
18,082.77
12,271.75

Unrestricted Funds
14,096.05
4,168.26

13,541.06
23,317.29

45,719.88
39,757.30
2021-22
2022-23

31/3/2021 31/3/2021

25,208.69
38,433.90

270.03
278.97

0.00
0.00

0.00
0.00

25,478.72
38,712.87

18,434.48
28,484.46

2,735.20
4,461.02

791.01
973.94

5,053.89
4,713.88

0.00
933.50

276.40
706.22

27,290.98
40,273.02

-1,812.26
-1,560.15

1,570.83
1,844.00
ABSA (ksh)
125561.15
6,815.05
2,377.95
Equity (ksh)
176071.25
37,334.00
35,535.35
301632.4
0.00
0.00

45,719.88
39,757.30

18,082.77
12,271.75

14,096.05
4,168.26

13,541.06
23,317.29

45,719.88
39,757.30
27,290.98 40,273.02
-1,812.26 -1,560.15
1,570.83
6,815.05
37,334.00
0.00
1,844.00
2,377.95
35,535.35
0.00
45,719.88 39,757.30
18,082.77
14,096.05
13,541.06
12,271.75
4,168.26
23,317.29
45,719.88 39,757.30

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl member5 Of Éft sotto0￿ KfN5Y4 QI ioI2 On accounts for the year ended Charity no (if any} Set out on pages I report to the trustees on my examination of the accounts of the above charity (Yhe Trust") for the year ended 31 03 1015. Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in a￿ordanCe with the Charities Act 2011 ('the Acf). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Directions given by the Charity Cornmission under section 145{5){b) of the Act. Independent examiner's statement . dto I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect,- the accounting records were not kept in accordance with section 130 of the Act. or the accounts did not accord with the accounting records; or the accounts did not comply wth the applicable requirements Gonceming the fonn and content of accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: Name: Relevant professional qualification{s) or body (If any): F.M,AAfj. AIT FtLLO IER October 2018

Address: Suite 2, Aquarium 101 Chelmsford 01245 835 OTI Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here details of any items that the examiner wishes to disc105e. IER October 2018

HARAMBEE SCHOOLS KENYA CONSOLIDATED ACCOUNTS FOR THE 12 MONTHS ENDED 311312023 Figures in Es STATEMENT OF FINANCIAL A￿1VITIEs 2021-22 3110312021 2022-23 3110312021 INCOMING RESOURCES Donatons and Grant Income Interest & Investment Income Gift Aid Reclaim Other Income 25,208.69 270.03 0.00 0.00 38.433.90 278.97 0.00 0.00 25,478.72 38,712.87 RESOURCES EXPENDED Project Expenditure Bursary Payments Fundraising & Publicity Management & Administration Trustee Insurance 18,434.48 2.735.20 791.01 5,053.89 0.00 276.40 28,484.46 4,461.02 973.94 4,713.88 933.50 706.22 27,290.98 40,273.02 MOVEMENT IN FUNDS -1.812.26 -1,560.15 BALANCE SHEEr AssErs KS14 cash balances (Kenyal Cash in bank IUKI Investments Loans 1,570.83 6,815.05 37,334.00 0.00 1,217.91 2,377.95 35,535.35 0.00 45,719.88 39,131.21 FUND5 Bursary Funds Restritted Project Funds Unrestricted Funds 18,082.77 14,096.05 13,541.06 12,271.75 4,168.26 22,691.20 45,719.88 39,131.21