## **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:
- Lunch programme increased from four to five primary schools
- Equipping schools with new desks
- Salaries paid for two privately employed teachers
- Full scholarship fees paid for five students
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 aordanCe 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 A1VITIEs
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