Annual Report 2024 th For the 12 months to June 30 2024
Chairman: John Seagrim
Trustees: Georgina Hood; Ned Seagrim; Ochre Seagrim 9 Shalcomb Street. London SW10 0HZ, UK
john.seagrim@clsa.com
Registered Charity Number 1080588
07776484938
CHAIRMAN’S STATEMENT
Pupils at Telelani school, near Mpeketoni
24 YEARS OF THE KIPUNGANI SCHOOLS TRUST
Since the KST was founded at the beginning of 2000 with just £10 and three trustees, £1.337million has been raised and £1.216ml spent with which the KST has now built 17 primary schools with places for 14,500 children along the coast of Kenya; established an 18th school for disabled children, now appropriately called ‘Amazing School’; constructed a Koran study class for Muslim children at Azhar, Mpeketoni; built a polytechnic at Adu & another polytechnic on the KST’s own land at Marikebuni (both near Malindi) to help give primary school children who don’t go onto secondary school the chance to learn a trade; employed countless teachers (on average two at each completed school on an ongoing basis) and fully funded over 500 children through their secondary school careers.
All of this has been possible because of some extraordinary acts of generosity on the part of our donors and funders and the considerable talents and dedication of Mary Jo and Louis van Aardt and their daughter Emilie, who manage all the building and maintenance projects, and of Heike Sadrozinski, who singlehandedly runs the secondary school sponsorship programme. Thank you, all of you!
The need to support children’s primary education on the coast of Kenya has never been greater. Please help the Kipungani Schools Trust continue to support those schools we have built and those we are yet to build, and to give both this generation of school children and many generations to come – not a hand out but a Hand Up.
THE KST IN 2022 - 2024
Marikebuni Polytechnic
THE OPENING OF THE KST MARIKEBUNI POLYTECHNIC
The most significant and exciting development of 2024 was the opening of the KST’s Polytechnic at Marikebuni - the culmination of a twelve-year endeavour, which had begun in 2011 following a magnificent fund raising led by Jozef and Vivian Mycielski, the Brenninkmeyer Family & the boys of Ampleforth College. This allowed the KST to buy a 4 acre plot of land close to Marikebni Primary School and to begin the erection of two long single story buildings to house the polytechnic.
Unfortunately, as the buildings were under construction some members of the family from which the land had originally been acquired decided to dispute the legitimacy of the sale, largely because the market value of the land had subsequently risen. This protracted dispute meant we were unable to register the land in the name of KST for several years, during which the building had to stop. We resolved the dispute in 2021 and restarted building, but in June 2022, with the building work all but completed, the family started to cause significant problems again.
Finally In 2023, having had to reluctantly relinquish one of the four acres, we finally brought the dispute to an end with a reregistration of the smaller three acre plot in the name of the KST. It is worth noting that the current value of the three acre plot is several times the price we paid for the original four acre plot purchased in 2012. This tortuous process underlies the significant problems of establishing title to land bought in Kenya. The Marikebuni Polytechnic plot was the first plot of land that the KST has acquired (and will almost certainly be our last!). All our other projects have been built on Government or community designated land, but because of the lack of the same near Marikebuni, where we felt the need for a Polytechnic the greatest, we took the unprecedented step of acquiring the land ourselves.
Instrumental in the completion of the
Marikebuni Poly has been Sammy Ngala, an exceptional entrepreneurial farmer and elder who is much respected in the local community and very well known to the KST. Sammy now oversees the running of the Poly and has written an enthusiastic letter which is reproduced below.
Sammy with the help of Emilie Van Aardt have acquired the all the wood and woodworking tools needed for the carpentry courses, and the foot driven sewing machines, scissors, pattern paper, thread and fabric needed for the sewing and dressmaking courses. There are already 60 students, 30 for each of these two courses, and very shortly we will start a driving and mechanics course. And we have plans to start building and brick laying courses and book keeping.
Irrespective of current age, any one who has left primary school but has not gone onto to secondary school is eligible to attend, and already a number of more mature students have applied! The students are being asked to make a small contribution to help with the cost of the teachers, but this is designed more to encourage diligent attendance by the course participants than defray the running costs. It is hoped though that in time the Poly will become increasing financially self sufficient.
This has been a very protracted endeavour, but one which is and will prove immensely worthwhile, and I remain immensely grateful to the our Polytechnic’s founder donors and to Sammy Ngala, Mary-Jo Van Aardt and her daughter Emilie Van Aardt for all the time, energy and patience they have put into this exciting project.
New students of Marikebuni Polytechnic on the left, and on the right, one of the newly completed classrooms
A REPORT OF THE MARIKEBUNI POLYTECHNIC BY SAMUEL NGALA
Samuel Ngala Samuel Ngala’s written report
Hi. My Name is Samuel Ngala. Have been working with the Kipungani Schools Trust (KST) since 2021.
Have been helping building the schools — which then later, we built a Polytechnic — to help those who have finished their studies and can’t proceed with High school to get some skills or handwork and help themselves getting daily bread.
1. We've done some courses like Carpentry and Joinery — making all types of furniture — beds, tables, chairs etc.
2. We've done Tailoring & Dress making course. Students have now gone for their first term break.
We have about 60 students — 30 for each course (boys & girls).
3. And recently we've started a Driving School course. So we enroll the students and bring in the teachers and the cars to do the teaching at the Polytechnic.
Have done a public/community participation (P.C.P) — we wanted everyone to make their views & which course they love most — the Area Chief, Member of County Assembly and all village Elders.
Congratulations KST for your support for the community — the children of Marikebuni - Magarini Sub-county have got something to smile.
School drop outs were idle, others turned to drug abuse. At least have got something to learn at Marembeunu Polytechnic.
Once again thanks KST. Bye. Samuel
FUNDING AND SPENDING
Marikebuni School, next door to the new Marikebuni Polyechnic
As the income of the KST in the 12 months to June 2023 was below the £25,000 threshold that enables one to file an annual report with the Charity Commissioners, this summary of donations and expenditure covers the two last two years!
Over the 24 months From July 2022 to June 2024 £61,828 was generously donated to the KST. The largest single donor was Matthew Dobbs who gave another £5,400 personally and in addition donated a further £26,000 through The Kilroot Foundation. Matthew’s generous contributions over the last 12 years have been absolutely instrumental in enabling the KST to continue with its secondary school sponsorship and teacher funding programmes.
David Dimbleby and Belinda Giles through their charitable foundation, The Folkington Trust gave another £20,000, bringing their total contribution to £60,000 over three years. Charles & Camilla Peake donated another £5,000 bringing their total contribution to £40,000. Dr John Thorn & Mr Toa Oil generously contributed another £5,000, bringing the total contribution from the good Dr Thorn together with his three remunerative associates; Messrs Hitachi Koki, Ry Oyo and Toa Oil to £21,900; and Jake Thomson gave £122 .
The thanks to the above are inestimable, the difference that all of them have made and are making is very tangible.
In the 24 months to June 30th 2024 £54,063 was spent on teachers’ salaries and secondary school sponsorships and on our ongoing building maintenance programme. Our 2022-24 receipts and expenditure bring the total income of the KST over the last 24 years to over £1.337ml and our total spend to over £1.216ml and we ended the year with a healthy but very necessary £121,620 in the charity’s two UK bank accounts for our ongoing projects and sponsorship commitments.
The full accounts and financial history of the KST is at the end of this report.
THE KST STAFF AND VOLUNTEERS
Marikebuni School
As ever I am as hugely grateful to the KST staff and volunteers as I am to the donors and fund raisers. Without the extraordinary commitment and talents of those on the ground in Kenya, the relentless generosity of our donors would largely go to waste. None of the considerable success of the KST could have been achieved without the dedication of those listed below.
Heike Sadrozinski now runs the secondary school sponsorship programme entirely voluntarily. This is a huge undertaking and without her it just would not be possible to sponsor the 100 children that we are now funding through secondary school at any one time. Heike and her husband Christian also raised all the funding for Ocean View Primary School and project managed the building of the school’s second block. Furthermore Heike and Christian have built another school, Mtondoni Primary School, under the auspices of the “Kipungani School Trust Germany”, a separate charity set up by Heike and Christian so they can more effectively and tax efficiently raise money in Germany.
I as always leave the greatest thanks to last - because without Mary-Jo & Louis van Aardt and now their daughter Emilie, the Trust’s three project managers in Kenya – the KST would no more than flounder in its attempts to change the lives of children in Kenya. Charity in Africa is not about how much money is donated it is about how effectively that money is spent. The fact that so much over the last 25 years has been achieved with such modest funds is testament to the considerable expertise, skill and commitment of Mary Jo & Louis and Emilie van Aardt. Thank you.
THE KST TRUSTEES
The KST now has four trustees; two founder trustees, John Seagrim, the chairman, and Georgina Hood, a remarkable early years educationalist who started and runs Paint Pots, the leading Montessori nursery school provider in West London; and two younger trustees in Ochre Seagrim who having completed a master’s in International Education at Oxford is now a full time qualified pilates and yoga teacher, and Ned Seagrim who having completed a master’s in Business Management at the Judge Business School, Cambridge works as a strategic management consultant in London.
This is undeniably a family run charity, but it is a family that has grown up and been shaped by the Kipungangi Schools Trust for the last 25 years, and it is a family which I believe has the talents and most importantly the commitment to take the KST forward over the next 25 years and beyond.
Kipangajeni Primary School, built entirely as a result of the fund raising endeavors of Ned Seagrim, now a KST trustee.
THE KST PROJECTS
Below a list of the 21 projects so far completed and, of course, still fully supported by the KST. Against each are the project start dates and the name of the main sponsor, although it must be added that beyond the main school sponsors, there are many, many smaller contributors, who have paid for everything from a bag of nails to a desk and from a teacher’s salary to a whole store room.
| Project a |
Year & School | Donor(s) |
|---|---|---|
| Project 1 a |
2001: Kipungani Primary School | Paint Pots Montessori Schools |
| Project 2 a |
2002: Mungano Primary School | British Ensign Estates |
| Project 3 a |
2003: Marikebuni Primary School | An anonymous Private Company |
| Project 4 a |
2004: Matandoni Primary School | Various |
| Project 5 a |
2005: Adu Primary School | An anonymous Private Company |
| Project 6 a |
2005: Adu Polytechnic | An anonymous Private Company |
| Project 7 a |
2006: Teiwa Primary School | British Ensign Estates |
| Project 8 a |
2006: Ramada Primary School | Various |
| Project 9 a |
2007: Telelani Primary School | The family and friends of Katherine Hammond |
| Project 10 a Le |
2007: The Azhar Children’s Koran Study Room | Various |
| Project 11 Le |
2008: Ocean View Primary School | Richter & Partners & KST Germany |
| Project 12 Le a |
2009: Masheheni Primary School | CLSA |
| Project 13 a |
2009: Kaembeni Primary School |
Christian, Hilli, Emma and Maria Derold |
| Project 2a LO |
2010: Mungano Primary School New Roof LO |
The Girls, Parents & Staff of Downe House LO |
| Project 6a a |
2011: Teiwa Primary School New 5 Class Block | The Girls, Parents & Staff of Downe House |
| Project 14 a |
2010: Bonyani Primary School | Africa Digna |
| Project 15 a |
2010: Kibaoni Primary School | Liberty Living |
| Project 16 a |
2010: Shomela Primary School | CLSA |
| Project 17 a |
2011: Nyamala Primary School |
Karim Ghaidan & the Boys of Clifton College |
| Project 18 LO |
2011: The El Shadai Centre (now 'Amazing') LO |
The Mackintosh Foundation, Shale family & friends LO |
| Project 19 a |
2011: Marikebuni Polytechnic | The Brenninkmeyer Family & Boys of Ampleforth |
| Project 20 a |
2013: Mwele Primary School |
Africa Digna |
| Project 20a eee |
2014: Mwele School Early Development Centre eee |
Africa Digna eee |
| Project 21 a |
2018: Kipangajeni Primary School | The Pupils & Parents of Marlborough College |
THE KST DONORS
Listed below are the major donors and sponsors not just for 2024 and 2023 but for 2022, 2021, 2020, 2019, 2018, 2017, 2016 & 2015 as well. Many donors now give regularly so it seems that the very least one can do is to catalogue their considerable generosity over the last Decade! Many are not individually named as they contributed to a group fundraising, but on behalf of all those who are touched by the work of the Kipungani Schools Trust, thank you to all of who have given so selflessly, so generously and, in many cases so regularly.
The 2023-24 DONORS
Mathew Dobbs through the Kilroot Foundation donated another £14,000. David Dimbleby & Belinda Giles through the Folkington Trust generously gave yet another £20,000.
THE 2019 DONORS
Matthew Dobbs contributed another £7,200. Edward and Camilla Peake donated another £5,000. Ali Mezeci gave £4,800.
The Mackintosh Foundation made their second £1,300 contribution. Ronald Pollock gave another £300.
The 2022-23 DONORS
Dr John Thorn & Mr Toa Oil generously contributed another £5,000. Charles & Camilla Peake donated another £5,000 bringing their total contribution to £40,000. Matthew Dobbs gave another £5,400 personally and in addition donated a further £12,000 through The Kilroot Foundation. Jake Thomson gave £122.
The 2021-22 DONORS
David Dimbleby & Belinda Giles through the Folkington Trust very generously gave another £20,000. Matthew Dobbs gave yet another £7,200. Rachel Dangar and Hoboko gave £1,500 from her sale of Kenyan woven clothing.
THE 2018 DONORS
Edward and Camilla Peak donated over £25,000. Matthew Dobbs made another £7,200 annual contribution.
The Macctaggart Family gave £4,000 for the building of Kipangajeni Primary School. The Hunter Family gave £2,000 for the building of Kipangajeni Primary School. Marlborough College contributed another £1,050 bringing the total raised for the building of Kipangajeni Primary School over the two years to £39,550! The Mackintosh Foundation returned with a 3 year commitment to support Amazing School with an annual donation of £1,300. Ronald Pollock donated £300 over the year.
THE 2017 DONORS
The 2020-21 DONORS
Matthew Dobbs & The Kilroot Foundation gave £14,800 sufficient to fully sponsor 30 children through secondary school and to pay the salaries of eight teachers as well as contributing £4,000 for our maintenance programme. Dr Jon Thorn & Mr Ry Oyo gave a very welcome and unrestricted £10,600. Belinda Giles & David Dimbleby through the Folkington Trust gave an unrestricted £10,000 with the promise of £20,000 to come. Ali Mezeci gave another £6,600 bringing his total two year contribution to £11,400 Charles & Camilla Peake donated another £5,000 bringing their total contribution to £35,000. The Mactaggart family gave another £5,000. The Mackintosh Foundation made the third £1,300 annual contribution of their three year commitments to support ‘Amazing School’. Rachel Dangar and Hoboko gave £1,000 from her sale of Kenyan woven clothing with the promise of more to come. Jack Crichton and friends gave over £400 following a trip to Kenya . Ronald Pollock made another annual contribution of over a £100.
Christian, Hilli, Emma and Maria Derold gave another magnificent £50,000 The Craps Charity donated yet another £1,000. Matthew Dobbs contributed yet another £7,200 for secondary school sponsorships and teacher’s salaries. Dr Jon Thorn aided and abetted by Mr Hitachi Koki donated another £6,300. The Children, Families and Staff of Marlborough College raised £32,500 for the building of Kipangajeni Primary School Ewan Kearny gave £840. Ludvig, Lukas and Leo Ljungstrom raised another £3,200 (having raised a magnificent £11,500 in 2014) Ben and Rachel Elwes gave £200.
THE 2016 DONORS
Matthew Dobbs contributed another £7,200. Peter Blacker’s British Ensign raised another £3,075. The Craps Charity donated yet another £1,000. GJH Smith & PJ Christie donated £250. Catherine Haig gave £250. Charlie & Claire Bigham raised another £285.
THE 2015 DONORS
Matthew Dobbs contributed another £7,200. Troy Asset Management donated another £1,500. Liberty Living raised another £3,800. The Craps Charity donated another £1,000. David Dimbleby gave £1,000. Paint Pots contributed £80.
THE KST PRIMARY SCHOOL MODEL
The Kipungani Schools Trust has always operated with a specific “model” that is designed to ensure that as many of the school building projects remain, upon completion, as selfsustaining as possible for the foreseeable future.
After independence Kenya had a surprisingly comprehensive network of Government primary schools, but many of these schools, although supported by the Government with the provision of some teachers, had had little or no investment in their buildings nor teaching materials. The upshot is that many school buildings were unsafe, had collapsed or were in a state of near dereliction - and in all cases, the school was originally built for a fraction the number of children who could now attend.
Quite deliberately 15 of the 17 primary school rebuilding projects that we have undertaken in the last 24 years have been examples of these Government registered schools along the northern half of the coast of Kenya.
The advantages of rebuilding and substantially enlarging Government Primary Schools rather than establishing “New” schools are four fold:
Firstly, with existing registered Government schools there is no issue of land ownership, nor does the Trust have to buy any land (which is not easy given that the ownership of property in Kenya is frequently in dispute);
Secondly, it ensures that The KST does not compete with the Kenyan Government in the provision of primary education, but rather supports the Government’s 2003 declaration to make primary school education available to all without charge;
Thirdly, in every case, upon completion the Government has provided more teachers– allowing an ever greater number of children to attend;
Fourthly, school sponsors and donors tend to be happier to fund the capital costs of a project in the knowledge that the running costs once completed are de minimus. The two schools that the KST have built that were not originally Government registered schools, “Ocean View” and “Kibaoni”, had the status of “Community Schools”, ie they had been set up by the local community using their own funds for buildings, teacher’s salaries and materials. In both the case of Ocean View and Kibaoni, The KST undertook to completely rebuild and enlarge the schools on the understanding that they both applied for Government Primary School Status, when the work was near completion. In both cases this was granted by the Government, with all the benefits of additional Government funded teachers that that brings!
In fact, although the KST provides on average 2 additional teachers in each of the 17 schools as part of our ongoing commitment, over 80% of the teachers are now funded by the Government.
The KST’s insistence on only building registered Government schools or schools that then register for the equivalent status, ensures that if The KST was, for whatever reason unable to carry on in Kenya, the schools would carry on under the auspices of the Government.
THE KST FIVE FOUNDING PRINCIPLES
The five founding principles of the Kipungani Schools Trust remain at its core and it is the implementation of these principles, together with the capabilities of its staff and volunteers, which has allowed the trust to achieve so much and for such relatively small sums of money over the last 24 years.
é[=]
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All the money that is raised is sent to Kenya without deduction. The KST spends none of its donations on administration or fundraising.
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In Kenya all the money is spent ethically, efficiently and with total transparency so as to ensure the most cost effective and sustainable results for our donors and the school children we are supporting.
-
The KST only engages local builders, only employs local labourers and only uses local materials. This is to ensure the maximum benefit from the building projects goes to the local community. The KST is totally committed to the use of environmental and sustainable building methods and materials.
-
The KST is in Kenya to enable not to dictate. The KST will build schools, pay for teaching materials and equipment, fund teachers and sponsor children at secondary schools. But the curriculum, the choice of staff, teaching methods and running of the school are the responsibility of the schools, their governors and their local communities.
-
The KST makes every effort to help and encourage the Kenyan Government to fulfil their commitment made in 2003, to provide a primary school education for every child in Kenya.
THE KST FUTURE
Marikebuni Polyechnic
In this increasingly uncertain and insecure world, the KST must represent certainty and security for the children and staff of the Kipungani School Trust’s schools. It is that certainty that will encourage dedication from the teaching staff and commitment from the pupils. We will continue to look after the schools that we have already built. Visiting them, repairing them and where necessary enlarging them. Too much good work in Kenya has gone to waste because charities and organizations have left once a project has been completed. For the KST our commitment is unending. The building of a school is just the beginning of a relationship that we hope will bring lasting security and opportunity to the school and its community.
John Seagrim Chairman
KST ACCOUNTS SUMMARY
From 01/01/2000 to 30/06/2024 (24.5 years)
| es | |
|---|---|
| OPENING BALANCE 1-1-2000 es ee |
10 |
| CY00 FUNDRAISING es ee ee |
11,242.67 |
| CY00 INTEREST ee ee |
18.85 |
| REBUILDING & SPONSORSHIP ee a es |
-6,000.00 |
| CLOSING BALANCE 31-12-00 a es ee |
5,271.52 |
| CY01 FUNDRAISING es ee ee |
308.14 |
| CY01 INTEREST ee ee ee |
6.31 |
| REBUILDING & SPONSORSHIP ee ee es |
-5,500.00 |
| CLOSING BALANCE 31-12-01 ee es ee |
85.97 |
| CY02 FUNDRAISING es ee ee |
7,468.51 |
| CY02 INTEREST ee ee PpO—CO |
2.06 |
| REBUILDING & SPONSORSHIP ee PpO—CO es |
-5,000.00 |
| CLOSING BALANCE 31-12-02 PpO—CO es ee |
2,556.54 |
| CY03 FUNDRAISING es ee ee |
38,749.21 |
| CY03 INTEREST ee ee |
21.18 |
| REBUILDING & SPONSORSHIP ee a es |
-6,897.00 |
| CLOSING BALANCE 31-12-03 es ee |
34,379.93 |
| CY04 FUNDRAISING es ee ee |
32,459.87 |
| CY04 INTEREST ee ee |
0 |
| REBUILDING & SPONSORSHIP ee a es |
-20,000.00 |
| CLOSING BALANCE 31-12-04 a es ee |
46,839.80 |
| CY05 FUNDRAISING es ee ee |
51,861.18 |
| CY05 INTEREST ee ee |
713.38 |
| REBUILDING & SPONSORSHIP ee a es |
-62,267.74 |
| CLOSING BALANCE 31-12-05 es ee |
37,146.62 |
| CY06 FUNDRAISING es ee |
106,891.84 |
| CY06 INTEREST ee a |
506.05 |
| REBUILDING & SPONSORSHIP ee ee |
-101,960.00 ee |
| CLOSING BALANCE 31-12-06 ee |
42,584.51 |
| CY07 FUNDRAISING ee a |
143,880.98 |
| CY07 INTEREST a |
588.01 |
| REBUILDING & SPONSORSHIP es |
-110,598.00 |
| CLOSING BALANCE 31-12-07 es |
76.455.50 |
| CY08 FUNDRAISING es a ee |
184,203.42 a |
| CY08 INTEREST ee |
1,605.60 |
| REBUILDING & SPONSORSHIP ee |
-116,388.00 |
| CLOSING BALANCE 31-12-08 a ee |
145,881.52 a |
| CY09 FUNDRAISING ee ee |
111,398.29 |
| CY09 INTEREST ee ee |
296.9 |
| REBUILDING & SPONSORSHIP ee ee |
-107,461.29 ee |
| CLOSING BALANCE 31-12-09 ee |
150,115.42 ee |
| CY10 FUNDRAISING (Net) ee |
148,741.50 ee |
| CY10 INTEREST ee |
87.63 ee |
| REBUILDING & SPONSORSHIP a |
-124,347.00 a |
| CLOSING BALANCE 31-12-10 es |
174,591.30 es |
| CY11 FUNDRAISING ee |
86,646.84 ee |
| CY11 INTEREST a |
81.26 a |
| REBUILDING & SPONSORSHIP a |
-152,571.00 a |
| CLOSING BALANCE 31-12-11 ee |
108,748.40 ee |
| CY12 FUNDRAISING ee |
22,748.18 ee |
| CY12 INTEREST ee |
19.94 ee |
| REBUILDING & SPONSORSHIP ee ee |
-84,069.00 ee ee |
| CLOSING BALANCE 31-12-12 ee es |
47,447.52 ee es |
| CY13 FUNDRAISING ee ee |
81,008.56 ee ee |
|---|---|
| CY13 INTEREST ee ee es |
1.56 ee ee es |
| REBUILDING & SPONSORSHIP ee es |
-78,292.00 ee es |
| CLOSING BALANCE 31-12-13 es ee ee |
50,165.64 es ee ee |
| CY14 FUNDRAISING ee ee ee |
87,587.19 ee ee ee |
| CY14 INTEREST ee ee es |
2.32 ee ee es |
| REBUILDING & SPONSORSHIP ee es ee |
-34,567.00 ee es ee |
| CLOSING BALANCE 31-12-14 es ee ee |
103,188.15 es ee ee |
| CY15 FUNDRAISING ee ee ee |
13,580.03 ee ee ee |
| CY 15 INTEREST ee ee es |
2.53 ee ee es |
| REBUILDING & SPONSORSHIP ee es ee |
-33,063.00 ee es ee |
| CLOSING BALANCE 31-12-15 es ee ee |
83,707.71 es ee ee |
| CY16 FUNDRAISING ee ee ee |
12,060.00 ee ee ee |
| CY 16 INTEREST ee ee ee |
0 ee ee ee |
| REBUILDING & SPONSORSHIP ee ee |
-23,370.00 ee ee |
| CLOSING BALANCE 31-12-16 ee es ee |
72,397.71 ee es ee |
| CY17 FUNDRAISING ee ee |
101,233.06 ee ee |
| CY 17 INTEREST ee ee ee |
0 ee ee ee |
| REBUILDING & SPONSORSHIP ee ee |
-44,755.00 ee ee |
| CLOSING BALANCE 31-12-2017 ee ee ee |
128,873.77 ee ee ee |
| CY18 FUNDRAISING ee ee ee |
41,313.87 ee ee ee |
| CY 18 INTEREST ee ee es |
0 ee ee es |
| REBUILDING & SPONSORSHIP ee es |
-52,185.56 ee es |
| CLOSING BALANCE 31-12-18 es ee ee |
118,002.08 es ee ee |
| CY 19 FUNDRAISING ee es |
18,785.75 ee es |
| REBUILDING & SPONSORSHIP ee es |
-45,052.54 ee es |
| CLOSING BALANCE 31-12-19 es ee |
91,735.29 es ee |
| JAN 2020 - JUN 2021 FUNDRAISING ee ee |
54,851.97 ee ee |
| REBUILDING & SPONSORSHIP ee |
-34,382.97 ee |
| CLOSING BALANCE 30-06-21 ee es |
112,204.29 ee es |
| JUL 2021 - JUN 2022 FUNDRAISING ee |
36,037.53 ee |
| REBUILDING & SPONSORSHIP ee |
-34,387.24 ee |
| CLOSING BALANCE 30-06-2022 ee |
113,854.58 ee |
| JUL 2022 - JUN 2023 FUNDRAISING ee ee es |
15,521.65 ee ee es |
| REEBUILDING & SPONSORSHIP es |
-22,575.66 es |
| CLOSING BALANCE es |
106,800.57 es |
| JUL 2023 - JUN 2024 FUNDRAISING ee ee |
46,306.37 ee ee |
| REBUILDING & SPONSORSHIP ee ee |
-31,486.92 ee ee |
| CLOSING BALANCE ee ee |
121,620.02 ee ee |
| CLOSING BALANCE ee ee |
121,620.02 ee ee |
|---|---|
| KST 2023-24 FINANCIAL SUMMARY | |
| Lloyds Balance 01/07/23 | 104,903.64 |
| Lloyds Incomings 01/07/23 - 30/06/24 | 46,306.37 |
| Loyds Outgoings 01/07/23 - 30/06/24 | 31,486.92 |
| Lloyds Balance 30/06/24 | 119,723.09 |
| Banco Santander Balance 01/07/23 | 1,896.93 |
| Banco Santander Balance 30/06/24 | 1,896.93 |
| Grand Total Balance 01/07/23 | 106,800.57 |
| Grand Total Incomings 01/07/23 - 30/06/24 | 46,306.37 |
| Grand Total Outgoings 01/07/23 - 30/06/24 | 31,486.92 |
| Grand Total Balance 30/06/24 | 121,620.02 |
The Kipunganl SCHOOLS TRUST KST ACCOUNrs o Transacth)n tkscri OPENING BALANCE MATfHEW F tK)BBS tDNATI( MATfHEW F [rjB tK)NATI(XN CHARLFS & CAMILLA PEAKE CAF fxyJAIION MATfHEW F LK)BBS LX)NATION UsfGIVING AKE THOKLq)N usrGIVING AKE THONEQN mAHEw F tX)BRS tX)NATION MATfHEW F tL)B&S NATION BANK CHARGE BUILDING & sIx)NlisHIP BUILDING MANAGEMWT FEE MATfHEW F tX)NATION BANK CHARGE BUILDING & SpoNlisH]P TfHEW F LjB LX)NATION MATfHEW F tK)BRS tK)NATION DR THORN & MR TOA OIL tONATtON MATfHEW F BB5 tK)NATION CLOSING BALANCE & TOTALS 022-3 023 Date oi In Debit Amount Credit Amount BalanL 022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2022 2023 2023 2023 2023 2023 2023 11,957.65 £112,557.65 13,157.65 £118,157.65 £118,757.65 18855.55 £118B79.30 a19,479.30 £120,079.30 alB.564.30 £108,579.30 18,579.30 £l(FJ,164.30 £98,103.64 £98,118.64 £98,703.64 U99.303.64 £104J03.64 clo4.}3.64 £104,903.64 07 FPI FPI PLC FPI FPI FPI FPI FPI PAY TFR FK) FPI PAY TFR FPI FPI FPI FPI 26 £5,K). 24 io io io li 12 12 12 12 oi oi oi 02 03 03 £23.75 26 19 19 19 29 20 5.(K) O,CXM).IN) XK).(K) £15.IK) ai.045.66 26 27 14 27 £5,(W.((J 023 £2275.66 £152].65 KST ACCOUNTS Date Transaction Descri ion Debii AnM)unt CTedii Arnounl BalarK¢ OPENING BALANCE TFIE KILRCK)T FOUNDATION ANTiON S((>4 MJ BUILDING MANAGEMENT FEE BANK CHARGE BUILDING & SIT)NIsHlP BUILDING & sroNR$HlP JusrGIVING ANONYMOUS JUSTGIVING ANONYMOUS usrGlVtNG PETER HAMPEL JUSTGIVING TOM BARYY JusrGIVING TOM BARRY THE KILR(X)T FOUNDATION tK)ANTION 51XIY36 THE FOLKINGTON TRUS[ DONATION YXXV)5 BANK CHARGE MJ BUILDING MANAGEMEKT FEE BUILDING & Sir)NRSHIP INTEREsr 01,3.61 £1]6..64 15,403.64 05.388.64 05,403.64 £96.931.72 0)6,982.38 £97.(.28 Q)7,104.03 £97,113.53 Q)7,152.57 all.152.57 31,152.57 31,137.57 rA29,637.57 19,637.57 r119,723.C 19.723.09 2023 io 2023 io 20 io 20LI oi 2024 oi 2024 0112024 02/2024 27/02/2024 2024 /04/2024 0412024 21/(kn/2024 21 2024 21/(b/2024 0612024 DEP Fly) PAY TFR Fry) FPI FPI FPI FPI FPI DEP DEP PAY FFO TFR INT 19 ,.¢) a5.(Xl O,LKK).(KJ £8.456.92 li 4.9) £49.04 £20.(U). £15.1 ,5.(X) ao,(Kk). £85.52 CLOSING BALANCE Lli.486.92 £46.306.37
INDEPENDENT EXAMINER’S STATEMENT
I certify that the accounts above are correct and represent a true reflection of the financial position of the Kipungani School Trust. I certify that there were no administrative, fund-raising or running costs incurred by the charity during the 12 month period to June 30th 2024. There are no outstanding debtors or creditors. The Charity maintains a minimum reserve of £5,000. The Charity has no fixed assets, the only asset being the bank balances which totaled £121,620.00 including the reserve of £5,000.00 as of 20/05/2025.
Laura Rowson MA Cantab Benhall Forge, Tunbridge Wells, Kent, TN3 9AEKST