THE MARA RIANDA CHARITABLE TRUST Charity No: 1102255 Company No: 5035681
ADDRESS AND REGISTERED OFFICE: - Castlegate House, 36 Castle Street, Hertford, Hertfordshire SG14 1HH
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021
The Trustees have pleasure in presenting their Annual Report of The Mara Rianda Charitable Trust.
The charity’s objectives are to relieve persons who are in conditions of need or hardship and to relieve the distress caused thereby in Kenya and such other parts of Africa or the world as the Trustees may think fit and also to advance education by such means as the Trustees may consider appropriate including by establishing and operating any educational establishment(s) in Kenya and such other parts of Africa or the world as the Trustees may think fit
The charity’s strategies during this period were to assist both the Mara Rianda and Enkereri Primary Schools, the Mara Rianda Medical Centre and the local community in the Mara Rianda, Maasai Mara, Kenya; in addition the continued support of students by way of educational bursaries.
The Memorandum and Articles of Association contain the provisions which regulate the purposes of the charity.
The members of the company are entitled to appoint new Trustees at a general meeting. The existing Trustees may recommend to the members the appointment of a new Trustee.
The Trustees will consider the amounts, if any, required for reserves in order to effectively meet the charity’s designated needs and planned commitments.
In order to fulfil its objectives and strategy the charity received funds primarily by writing to persons who had expressed an interest in supporting the same as well as persons who potentially may support the charity.
During the year ended 31 March 2021 further funds totalling £245,067 have been received, included in this figure is a very substantial donation of in excess of £200,000 to fund the building of two dormitories at Enkereri Primary School. The other funds have been utilised to provide the Mara Rianda Primary School, Mara Rianda Medical Centre and Enkereri Primary School in the Maasai Mara, Kenya and the local community with ongoing support.
We are very pleased that we have been able to provide over £25,000 to assist the community with food and other provisions during the Covid pandemic. We are extremely grateful to Governors’ Camp to assist in the logistics of providing this.
In conjunction with the Headteacher and school committee of the Mara Rianda and Enkereri Primary Schools we have provided bursaries for a further 8 pupils to meet their secondary school fees for the four year duration of secondary education. To
date we have supported 163 children, including 56 girls, to go to secondary school, of which 125 have now completed their secondary education. In addition to date we have supported one student at university.
Due to COVID-19 the schools had to close. Normally the school year runs from January to December. The 2021 year which was due to finish in December 2021 is not scheduled to finish until April 2022. The 2022 school year will run from April 2022 to January 2023 and the 2023 school year will run as normal from January to December. Because of this no bursary payments were made in the financial year ended 31 March 2021. Payments due will be made in the financial year ended 31 March 2022.
We continue to provide the funding for five teachers, as well as replenishing the general school supplies; such as writing materials, books and sports equipment.
The charity has reserves of £181,574 which will be used to meet the completion of the dormitories and the continuing costs of supporting Mara Rianda Primary School as well as assisting Enkereri Primary School and the local community.
The charity’s plans for the future include the continuing provision of bursaries to enable students to receive secondary education and to continue to provide the school and local community with resources. We are considering the provision of further assistance in the community.
We believe that our accounts are self-explanatory and show clearly how funds donated have been used. Whilst there was a surplus for the year ended 31 March 2021 these funds are retained in order to meet the cost of completing the dormitories and the ongoing cost of providing bursaries and funding teachers and also to fund the possible girl’s dormitory at Enkereri Primary School.
Whilst COVID-19 has effected the global economy we do not believe it will have a material impact on the charity’s financial position. This is being regularly reviewed
The Trustees are extremely grateful for the continued assistance of Governors’ Camp in helping with all of the logistics in carrying out the charity’s work in the Mara.
The Trustees are also extremely grateful for the continued assistance of Deloitte in Nairobi in providing local payment services.
It is acknowledged that the charity could not operate as efficiently as it does without the enormous support of Governors’ Camp and Deloitte..
Colin Bird Nigel Hollingsworth Being all the Directors and Trustees
Richard Long
22 December 2021
THE MARA RIANDA CHARITABLE TRUST Financial statements Year Ended 31 March 2021 Company No: 5035681 Charity No: 1102255
DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2020 The directors, present th8ir report on the affairs of the company. together with the financial statements for the year ended 31 March 2021. Small Company Provisions This report has been prepared in accordan with the provisions applicable to companies subject to the small companies regime. Principal activity The company was incorporated on 5 February 2004 and became a registered charity on 23 February 2004. Its principal activity is to advance education and relieve persons in need. hardship and distress anywhere in the world. It currently COnntrateS on the Mara Rianda, Maasai Mara, Kenya. Members The company's membe[5 are.. Colin Bird Nigel Hollingsworth Richard Long Directors and their interests The directors who served during the period are: Colin Bird Nigel Hollingsworth Richard Long During the period none of the directors had any beneficial interest in the company nor received any remuneration. The directors are also trustees of the charity. Secretary The company secretary is Richard Long. Registered Office Castlegate House 36 Castle Strt Hertford HertFordshire SG14 1HH
Bankers Barclays Bank PLC 1 Churchill Pla, London E14 5HP Structure, Govemance and Management The company is limited by guarantee under which each member is liable to contribute such sum as required not exceeding £10. The directors and trustees act in accordan with its Memorandum and Arts'des of Association. Objectives and Activities The company is a charity and ts objects are amongst other things to relieve persons who are in conditions of need or hardship and to relieve the distress caused thereby in Kenya and to advan education by such means as the trustees consider appropriate. The public benefft of the ¢harty is the funding of the buikling of education and heatth establishments, the supply of education, sports and medical equipment and the education of those in need. Report Funds are primarily raised through writing to various people regarding the Mara Rianda School and its specffic rEeds. °Chalk Would Be a MiracAe° is the slogan used for fund raising. During the year ended 31 March 2021 fijrther funds totalling £245,067 have been received, included in this figure is a very substantial donation of in excess of £200,000 to fund the building of two dormttories at Enkereri Primary School. The other funds have been utilised to provide the Mara Rianda Primary School, Mara Rianda Medical Centre and Enkereri Primary School in the Maasai Mara, Kenya the local community with ongoing support. We are very pleased that we have been able to provide over £25,000 to assist the community with food and other provisions during the Covid pandemic. We are extremely grateful to Govemors. Camp to a&sist in the logistics of providing this. In conjunction with the Headteacher and school committee of the Mara Rianda and Enkereri Primary Schools V have provided bursaries for a further 8 pupils to meet their secondary school fees for the four year duration of secondary education. To date we have supported 163 children, including 56 girls, to go to secondary school, of which 125 have now completed their secondary education. In addition to date we have supported one student at university.
We continue to provide the funding forfive teachers, as well as replenishing the general school supplies,. such as writing materials. books and sports equipment. Results The company's unrestricted net income for the year is a deficit of £14,551. There was a surplus on restricted funds of £136,952. In addition to the new domiitories at Enkerei Primary School the charity has funded amongst other things Maintenan and repairs at the Mara Rianda and Enkereri primary schools as well as providing funding for teachers, school supplies and the ongoing bursaries. The company has total reserves of £181.574. We are looking to provide further support at the Mara Rianda and Enkereri primary schools, induding further bursary's and supporting the local communty. In addition funds are retained to ensure that those children who have received a bursary will have fees paid for the four year duration of their secondary education. Statement of dlrectors, responsibilities Company law requires the directors to prepare finanaal statements for each financial year which grve a true and fair value of the stste of affairs of the company and of the profft or loss of the company for the period. In preparing those financial ststements the directors are required to: Select suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent State whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements. and Prepare financial statements on a going concèm basis unless it is inappropriate to presume that the company will continue in business The directors, are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time they financial position of they company and to enable them to ensure that the financial statements oomply with the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. APPROVED AND SIGNED BY ORDER OF THE BOARD 22 Dember 2021 Richard Long Director and Secretary
Independent Examiners Report to the Trustees of The Mara Rianda Charitable Trust report on the financAal statements of the company for the year ended 31 March 2021. set out on the following Iwo pages. Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The Irustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the Act 2011) and that an independent examination is needed. The charitys gross income exeded £25,000 and I am qualified to undertake the examination by being a qualified member of Institute of Chartered Accountants England & Wales. Having satisfied myself that the charity is not subject to audtt under company law and is eligible for independent examination it is my responsibility to- examine the financial ststements under section 145 of the 2011 Act", to follow the procedures laid dovm in the general Directions given by the Charty Commission under section 145{5)(b) of the 2011 Act,. and to state whether particular matters have come to my attention. Basis of independent exarninerfs report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented wth those records. It also includes consideration of any unusual items or disclosures in the financial ststements, and seeking explanations from you as trustees conming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair viev/ and the report is limrted to those matters set out in the statement below. Independent examingrfs statement In connection with my examination. no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respe the reqU1Ments. to keep accounting records in accordance with section 386 of the Companies Act 2006. and
to prepare financial statements which accord with the accounting records. comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methS and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met" or (2) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached. Signed 23 December 2021 DAVID PATTMAN FCCA 1 Tower House, Tower Centre, Hoddesdon Hertfordshire EN118UR
THE MARA RIANDA CHARrrABLE TRUST BALANCE SHEEf AS AT 31 MARCH 2021 Funds Funds 2021 2020 Bank balances 26,984 £ 154,5 £ 181.574 60.173 26,984 154,590 181,574 60,173 Representing:_ Surpluslldeficit) for current period Surplus broughl foThward (14.551) 41.535 135,952 18,638 121.401 60.173 16,693 43,480 Funds 26,984 £ 154.590 £ 181.574 60,173 These finanaal statements have been prep3red in a(lOrdan ith the provi5)r6 relating to small ccnpan ithin Part 15 of the Companies Act 20C6 . Forthe financial year 31 Marth 2W21 th8 corrpany ti1j to exwnption from aJrt under 8ection 477 Companiag Act 20[., xnd no noti has been dep05rted uTrr sethon 478 Thè dir&#or5 acknTr*ledge thèir reSpile5 tr wwring thattho ClnY keep5 acCOtirJ r8cord$ which cmiply with sectk)n 386$ and 387 of the Ccfflpans Act and for preparirvJ finarwial statèments which gNe a true and f8ir vivw of the state of affairs of (x)mpany as at the eThJ of Ihe finanL?al year and of ts profft or loss for the finanaal year in accord8n¢8 wth tha raquirements of sectic#)s 394 and 395 ar¥J which otherwise requirements ofthe Carnpan¥8 Act 20( telating to finanual statam¢nts. so far as aPpIab? to tha (J)mnY. SIGNED ON 8EWF OF THE BOARD Colin Bird (Director) 22 December 2021
THE MARA RJANDA CHARrrABLE TRUST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Fund$ Funds 2021 2020 Income Donations Donations - Bursaries Donation - Domiitories Gift Aid Tax Reclaimed Gross Interest 24.043 24.331 10.766 203.140 6.822 43.013 11,593 10.766 203.140 6,822 8,762 20 30,873 214,194 245,067 61,388 enditu Secondary Educalion Tertiary Education School supplies & Equipment Teachers salaries Building projects Repairs and maintenance Sundry payments Medical equipmenl Community supp)rt Travel (18.257) {256) (7.648) (3,921) 14,602) (1.311} (1.311) (3,273) (73,252) (7,380) {885) 17,238) {25,201) {3.273) (73,252) (7.380) (885) (3.559) {25,201) {1,515) (3,679) {1,538) {5,281) (40,298) (78,242) (118,540) (43,018) SURPLUS I (DEFICIT) FOR THE PERIOD Surplusl(Deficil) on Foreign Exchange (9.425) {5,126) 135.952 126.527 (5,126) 18.370 (1,677> (14,551) 41.535 135,952 18.638 Balance brought forward 121,401 60.173 16.693 43.480 Total Funds carried forward at Ihe end of the Financial Period 26.984 £ 154.59) £ 181.574 £ 60.173 1 The company has no recognise(1 gains or k)sses olhèr than as statad in the Incorne and Expendthre actr)unt 2 All company administrab.on c05t5 have tseèn met external. 3 The building of a domlitory for g$ has been fvnded * Enkeri. 4 The have been tt>nsiderable fluduab.ons on frjreign exthange rates since 2010 ranging from £1 EIng worth from Kenyan Shillings IKshl-1114.5 to 157.2. Historicalty we have used an exchange rale of £1=Kshl=127. Over the last rnonths the rate$ have ran9ad from £1 b&"ng worth Kshl-131.9 to 153.99. Tho average rate treing £1 = Kshl=143.44. ForU*se accx)unts a rate 01£1 = K5hl-143 has used.
Independent Examiners Report to the Trustees of The Mara Rianda Charitable Trust I report on the financial statements of the company for the year ended 31 March 2021, set out on the following two pages. Respective responsibilities of trustees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act 2011) and that an independent examination is needed. The charity's gross income exceeded £25.000 and I am qualified to undertake the examination by being a qualified member of Institute of Chartered Accountants England & Wales. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination it is my responsibility to.. examine the financial statements under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act,. and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charrty and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination. no matter has come to my attention.. (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006,. and
to prepare financial statements which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practi. Accounting and Reporting by Charities have not been met" or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed 23 December 2021 DAVID PATTMAN FCCA 1 Tower House, Tower Centre, Hoddesdon Hertfordshire EN118UR