TRUSTEE’S ANNUAL REPORT From 1 April 2023 too 31 March 2024
| 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 continued at five primary schools
-
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 2024 amounted to £38,708.79 (2022-23: £38,712.87) with expenditure of £33,445.18 (2022-23: £40,273.02). There was therefore a net decrease in funds of £5,263.61 (2022-23: -£1,560.15) in the year, with a closing total funds balance of £48,428.39 (2022-23: £39,131.21) at the end of the year.
Income was predominantly made-up of voluntary donations and grant income totaling £38,703.93 (2022-23: £38,443.90), in addition to investment and interest on cash balances of £4.86 (2022-23: £278.97).
Expenditure was as follows:
| Description | £ Amount | Details |
|---|---|---|
| Project expenditure | 23,391.54 | Teacher salaries, school lunch programmes, school infrastructure and school fencing. |
| Bursary payments | 5,322.84 | |
| Management & admin | 2,483.40 | Management and administration expenditure therefore represented 7.42% of total expenditure duringtheyear. |
| Trustee Insurance | 976.40 | Increase due to trustee residing permanently in Kenya. |
| Fundraising & Publicity | 1,271.00 | School lunch box bank fees. The Kenyan Society annual membership. |
| TOTAL | 33,445.18 |
Management and administration expenditure being 7.42% of total expenditure during the year; the remaining 2.58% was spent directly on direct charitable activity.
Section G Declaration
This report was approved by the trustees on
This report was approved by the trustees on 31 January 2024 Signed on behalf of the trustees Amie Willenberg, CEO
HARAMBEE SCHOOLS KENYA
CONSOLIDATED ACCOUNTS FOR THE 12 MONTHS ENDED 31/3/2024
Figures in £s
| STATEMENT OF FINANCIAL ACTIVITIES | 2022-23 | 2023-24 | |
|---|---|---|---|
| 31/3/2023 | 31/3/2024 | ||
| INCOMING RESOURCES | |||
| Donatons and Grant Income | 25,208.69 | 38,703.93 | |
| Interest & Investment Income | 270.03 | 4.86 | |
| Gift Aid Reclaim | 0.00 | 0.00 | |
| Other Income | 0.00 | 0.00 | |
| 25,478.72 | 38,708.79 | ||
| RESOURCES EXPENDED | |||
| Project Expenditure | 18,434.48 | 23,391.54 | |
| Bursary Payments | 2,735.20 | 5,322.84 | |
| Fundraising & Publicity | 791.01 | 1,271.00 | |
| Management & Administration | 5,053.89 | 2,483.40 | |
| Trustee Insurance | 276.40 | 976.40 | |
| 27,290.98 | 33,445.18 | ||
| NET MOVEMENT IN FUNDS | |||
| -1,812.26 | 5,263.61 | ||
| BALANCE SHEET | |||
| ASSETS | |||
| KSH cash balances (Kenya) | 1,570.83 | 1,821.93 | |
| Cash in bank (UK) | 6,815.05 | 7,641.56 | |
| Investments | 37,334.00 | 38,964.90 | |
| Loans | 0.00 | 0.00 | |
| 45,719.88 | 48,428.39 | ||
| FUNDS | |||
| Bursary Funds | 18,082.77 | 6,948.91 | |
| Restricted Project Funds | 14,096.05 | -4,851.69 | |
| Unrestricted Funds | 13,541.06 | 46,331.17 | |
| 45,719.88 | 48,428.39 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of HA(L4M&'t gcrfw KtfvYA 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 harity ("the Trust") for the year ended i.,J l Y: Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 ('the Acr). 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 Commission under section 145(5)(b) of the Act. Independent he charity's gross income exeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable. 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 with the applicable requirements concerning the form 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 concems 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: Ig Name: &AI Relevant professional qualification(s) or body (if any): IER October 2018
Address: ar Suile 2 A uarium 1 Lower Anchor Street CM2 OAU 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 disclose. IER October 2018
HARAMBEE SCHOOLS KENYA CONSOLIDATED ACCOUNTS FOR THE 12 MONTHS ENDED 31/3/2024 Figures in £s srATEMENT OF FINANCIAL ACTIVITIES 2022-23 31103/2023 2023-24 3110312024 INCOMING RESOURCES Donatons and Grant Income Interest & Investment Income Gift Aid Reclaim Other Income 38,433.90 278.97 0.00 0.00 38,703.93 4.86 0.00 0.00 38,712.87 38,708.79 RESOURCES EXPENDED Project Expenditure Bursary Payments Fundraising & Publicity Management & Administration Trustee Insurance 28,484.46 4,461.02 973.94 23,391.54 5,322.84 1,271.00 2,483.40 976.40 4,713.88 1,639.72 40,273.02 33,445. 18 NET MOVEMENT IN FUNDS -1,560.15 5,263.61 BALANCE SHEET ASSETS KSH cash balances (Kenya) Cash in bank IUKI Investments Loiins 1,217.91 2,377.95 35,535.35 0.00 1,821.93 7,641.56 38,964.90 0.00 39,131.21 48,428.39 FUNDS Bursary Funds Restricted Project Funds Unrestricted Funds 12,271.75 4,168.26 22,691.20 6,948.91 -4,851.69 46,331.17 39,131.21 48,428.39