REGisfERED COMPANY NUMBER: 05035681 W¥1) REG157"LKLD CHA ry iYLMBER: 1102255 RetKbrt of the Trustees and Flnaneigl Statements (vr th¢ Yrar Euded 31st March 2024 for THE MARA RIANDA CHARITABLE TRU
THE MAIL4 RIANDA CHARITABLE TRusr Contents of the Financi21 Siatements for the year ended 31st March 2024 Page Rert ofthe Trnstees I to 2 Independent Examiner's Report St4tement of Financial Artivitse Bgiance Sheet Not to the Fingncial Statements 6 to 10
THE MARA RIAIYDA CHARITABLE TRusf (REGisfERED NUMBER: 05035681) Rqy)rt ofthe Trustees for the year ended 31st Mareh 2024 The trnstees who are also directots of the charity for the pUrlseS of the Companie5 Act 2006, pt their ItIx)rt with th¢ financial statcrncnts of thc charity for the Ye ended 3 1st March 2024. The truslees hav¢ adopted the provisions of Acwunling and Rewrting by ChaTities: Statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ord2nee with the Fin2ncig1 Rwrting StaThJard applicable in the UK and Republic of ]land (FRS 102) (¢ffethiv¢ l January 2019). OWECTIVES AND A1VITIEs Objertives and aims The company is a charity and its objects are amongst other things to Telieve pen5 WIK) are in conditions of necd or hardship and to relieve the distress caused thereby in Kenya and to VanCe education by such means &8 the trustees consider appropriale. Public benefit The public benefit of the charity is ihe funding of the huilding of education and health establishments. the supply of education, sw)rts and Medi equipment and the cducation of those in need. ACHIEVEMENT AND PERFORMANCE Charitable aclivities During the year ended 31 March 2024 further funds totalling £91711 have been received. We have been able to ¢ommence the fundin8 of the building of a new domiitory. new toilet and shower block and the refurt)ishment of an existing donnitory at Mard Rianda Prtmary Sch(M)l. Funds have also been ulilised to provide ongoing supp)rt to the Marn Rianda Primary SckKoI. EDkereri Primary SchrKJl ond two pre•scIMX)Is in the Ma1 Kenya as well as the Ilwal LX)mmunity. Following consultstion with the He&ffther and school c4)mmittee of the Mara Rianda and Enkeri Primary Schools we have provided bursaries for a futther nine pupils to rned their secondary school fees for the four year duration of secondary education. To date we have suprKyrted 2 children. including 74 girls, to go to secondary schcol. of which 153 have now completcd their secondary education. In addilion wc supFx)rt on¢ 5tudmt at Kenya Mcdical Training College. We continue to provide finaTJCTal supwrt for five teacher& as well &s replenishing weral (L)ISupplIes. such as writing material& IkS and equipmenL STRUCTURE, GOVERTr4ANCE AND MANAGEME Coverning document The Lhurily is Lvnlrvll¢d by iL% ¥vv¥tnin¥ iiwunenL a d¢td of trLLSL and a)nstitutes a limited company. liinited by guarantee, as defined by the Companies Act 2006. The company is limited by guarath under which exh memlrr is liable to contribuk such sum a5 required not exceeding £1 O. The directors and trustees. who are also members. in accordanLY with its Memorandurn and Articles of Association. REFEREIYCE AND ADMINISVRATIVL DL"I"AII Registered Company number 05035681 (England and Walcs) Rwstered Charity numbtr l(J22S.S Registered office C&stlegate House 36 Str¢¢i Hertford Hertfordshire SG14 IHH Page I
THE MARA RIANDA CHARITABLE TRusf (REcigrERED NUMBER: 0503S681) Report of the Trustee5 for the year ended 31st Mar¢h 2024 Trustees CGBird RWJLong N R Hollingsworth D J Grammati& (apinted 122023} Compgny Secretary RWJLong Approvd by order of the iKth of IneeS on 9th December 2024 and signed on its behalf by: R W J Long- Trustee Pag¢ 2
1ndtident Examinerfs Report lo the Trnslees or The Mara Rianda Charilable Trust Independenl examlnerfs report to the tru5tee5 of Tre Mara Rianda Charilable"I"rust ('the LvmpyNy') I rert to the charity trustees on my examination of th¢ accou of th¢ Company for the year end&1 3 1st March 2024. Responsibilities and b15 of rewjrt As the charity's trustees of the Company (and also its directojs for the purpjses of (ximpany law) you are resp)nsible for the preparation of the xcounts in 8rdance with the Tequirements of the Companies Ad 2006 (%he 211)6 ACV). Having l$fied myself that the of the Company not required to k audited under Part 16 of the 2006 Act and are eligible for independent oxaminali0 I in res of my examination of your charity's )Unts as Caled out under Section 145 of the Charities Act 2011 {*he 2011 Ad). In canying out rny examination I have followed the Direction5 given by the Chan"ty Commission under Section 145(5) (b) of the 2011 ACL Independent examiner's slalement I have completed my examination. I wnflrni thaT no mallets have eome to my attention in connection with the examination giving me Se lo believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 A¢ or the accounts do not accord with those records. or the accounis do not comply with ihe accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter CA)nsIded &s part of an independent examination. or the accounts have not been p• in accordan(% with the methods and principles of the 5thiemcnt of Recommended Practice for accDunting and rep)rting by charities (applicable to charities preparing iheir accoiints in accordance with the Financial Rep)rting Standard applicable in the UK and Rq)ublic of Ireland (FRS 102)). I have no concerns and have come acN)5s no other matters in connection with the examination to which attention should be drdwn in thi5 reFK)rt in order to enable a proper understanding of the accounts to be reached. - lThom&s J S (ioIi8 13 Byron Close Stevenage SG2 OJE 10th December 2024 Page 3
THE MARA RIANDA CHARITABLE TRusr Statement of Financlal Acllvities for the year ended 315t March 2024 3113124 Total fimds 3113123 Total fundg Unrestricted Restricted fimd Notes INCOME AND EN)WMETrITS FROM tknnalions and legacies 23.618 68,888 92506 65,416 Investment income 206 206 61 Total 23,824 68,888 92,712 65,507 EXPENDITURE ON Charitable activities G¢ncral Re5trictrd 13J63 {355) 34,616 13,008 34,616 92J54 Totsl 13J63 34261 47,624 92J54 NET INCOMEI{EXPENDITURE) 10,461 34,627 45,088 (26,847) RECONCILIATION OF FUNDS Total fvnds brought forward 20,833 13510 34J43 61.190 TOTAL FUNDS CARIUED FORWARD 31294 48,137 79,431 34,343 The notes f(Ym part of th¢s¢ financial 51atcmcnts Page 4
THE MA114 RIANDA CIIARITABLE TRU Balanee Sheet 31st March 2024 3113124 3113123 Total funds fimd fid funds Notc5 CURRENT ASSETS Debtois Cash at bank 356 47.781 356 80,035 32254 34J43 32254 48.137 80J91 34J43 CREDITORS Amounls falling due within one year (960) (960) NET CURRE} ASSETS 31294 48.137 79,431 34J43 TOTAL ASSETS LE&S CURRENT LIABILITIES 31294 48,137 79,431 34J43 NET A&SETS 31294 48.137 79,431 34J43 FUNDS Unrcstiictcd funds Restricted funds 31294 48,137 20,833 13,510 TOTAL FUNDS 79.431 34,343 The char¢table company is entitled to exemption from audit under Section 477 of the Compgnies Act 2006 for the y ended 31st March 2024. The membets have not required the company to obtsin an audit of its finan¢ial statements for the year ended J I st Mah 2024 in rdance with Section 476 of th¢ Companies Act 2006. The Érustees a¢knowl¢dge their resFn)nsibilities for (a) ensuring that the charitable CoMpY keep5 accounting reLx)rds that LX)mply with stions 386 and 387 of the Companies Act 2006 and preparing financial ststements which give a and fair view of the stal¢ of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requir¢mcnts of Sections 394 and 395 and which oth¢rwis¢ comply with the requirements of the Companies Act 2U06 relating to financial statement4 x> far as applicable to the charitable company. (b) Th¢s¢ finan¢ial statements hav¢ b¢En ra¢ with thc prt>visions appliGabl¢ to Ghatitable companies subject to the small companies regime. Th¢ fInla1 slatements We appmved by the Boanl of Tntstees and authorised for issue on 9th D¢c¢mb¢r 2024 and were Sign on its behalf by: Bird_ Trustee The notes form part of the financial statements Page 5
THE MARA RIANDA CHARITABLL I'KUSI" Notes trj ¢he Financial Statements for the year ended 31st March 2024 ACCOUNTING POLICILS Basi$ of preparing the financial ststements The financial statements of ihe charitable cornpany, whiGh is a public benefit entity undcr FRS 102. have bc prepared in accordance with ihe Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended l)ractice applicable to charities preparing their a¢wunts in accordance with the Financial ReFKirting Standard applicable in the UK and Republic of Iteland (FRS 102) {effective l January 2019),. Financial KeFK)rting Standard 102 The Financial Rewrting Standard applicable in the UK and Republic of Iland, and the Compwiies Ali 2006. Th¢ financial statemenTS hav¢ been Prepar under the hisloncal cost collv¢iTrlion. Income All income is recognised in the Statement of Financi8] Acttvities once the charity h&s entitlement to the funds. it is probabl¢ thc illLT)m¢ will be received and the amouni can be rne&8ur8J reliably. Expenditure Liabilities are recognised as expenditure as soon as the is a legal or constructive obligation committing the harity to that expenditure. it is probable that a transfer of econornic benefits will be required in settlement and the amount of the obligation can measured reliably. Expenditure is accounted for on an accNals basis and h&$ bccn classified undcr heading5 that a88ir¥atr dll LX)St relawl the egOry. Where costs cannot be directly attributed to particular headings they have tten allrKaled to activities nn a hasis consistent with the use of Taxation The charity is exempt from corratIOn t&x on its charitsble tIvitI<$. Fund accounting UnreslriLl¥d fuT]ds can be used in accordanc£ with the charitable objectives at the discretion ofthe trustees. Restricted funds con only bc uscd for particular r¢strictcd purFKlS¢S within the objects of the charity. Restrictions arise when s[CIfied by the th)nor OT when fun(Ls are raised for particular restricted purw>ses. Further explanation of th¢ nature and purw)se of fund is included in the notes to the financial statements. INVESTMENf INCOME 3113124 3113123 Interest reccivablc Gift aid interesl 56 150 61 206 61 continued...
TIIE MARA RIANDA CHARITABLE TRusr Notes to the Fjnancial Ststements- eontinued for the year ended 31st Mareh 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for th¢ year ended 3 1st March 2024 nor for the ye8r ended 31st Mh 2023. Trustees, expenses There were no tntstees, expenses paid for the year ended 31st March 2024 nor for the year ended 3 1st March 2023. COMPARATIVES FOR THE &fATEmE OF FINANCIAL A1vITIEs Unrestricted Restricted fund fund funds INCOME AND ENDOWMENTS FROM Lknnations and legacies 35J75 30.071 05,446 Invesmieni inrA)me 61 61 Total 35.436 30,071 65,507 EXPENDITURE ON Charitable activities Genernl 51,521 40,833 92,354 NET INCOMEI(EXPENDITURE) (16,085) (10.762) (26,847) RECONCILIATION OF FUNDS Tolal funds br()ught forward 36,918 24272 61,19) T(yfAL FUNDS CARRIED FORWARD 20.833 13510 34J43 The above is for the year ¢Dded 31st Mareh 2023. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 31ll123 Other debtors 356 Page 7 continued...
THE MARA RIANDA CHAIUTABLE TRU Notes to the Financial Ststements- continued for the year ended 31st March 2024 CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR 3113124 3113123 A¢¢rued expenses 960 MOVEMEIYT IN FUNDS Net movemeni in funds At 3113124 At 114123 Unrestrlcted funds General fund 20.833 10.461 31294 Restricted funds Restricted 13JlO 34.627 48.137 TOTAL FUNDS 34343 45,088 79,431 Net movement in fimds. included in the ave are as follows: Incoming resour$ ¢xp¢ndcd Movement in funds Unrestricted funds General fund 23,824 (13J63) 10,461 Rtricted Restricted 68.888 (34261) 34.627 TOTAL FUIYDS 92,712 (47,624) 45,088 comratIve1 for movement in funds Net movetncnt in fvnds At 3113123 At114r22 Unrrstrictcd fun Gener41 fimd 36,918 {16,085) 20,833 Restricted fun(b Restricted 24272 (10.762) 13,510 TOTAL FUNDS 61,190 (26,847) 34,343 Page 8 continued...
TIIE MARA RIANDA CIIAIUTABLE TRusr Notes to the Financial Statements- continued for the yr ended 31st Marth 2024 MOVEMEiYf IN FUNDS- continued Comparative net nKivement in funds, included in the above are as follows: Inc%Kning Resourc Movement expended in ndS Unrestrirted funds G¢ii¢i"al fund 35.436 (51.521) (16,085) Restricted funds Restricted 30,071 {40,833 } (10,762) TOTAL FUNDS 65.507 (92,354) (26,847) A curreni year 12 months and prior year 12 months combined Fosiiion is as follows: Net movement in funds At 3113124 At 114122 Unrestricted funds General fund 36.918 (5.624) 31294 Restricted funds R¥sliiLled 24272 23,865 48,137 TOTAL FUNDS 61.190 18241 79,431 A currcnt year 12 months and ptioi ycat 12 tnonth5 mbIn¢d nct mov¢m¢nt in kn, included in th¢ alx>v¢ ar¢ as follows: Incoming Movement in funds Unrestricted funds General fuThl 59260 (64,884) (5,624) liestrieted funds Restricted 98,959 (75,094) 23,865 TIYfAL FUNDS 158219 (139,978 } 18241 Pagc 9 continued...
THE MARA RIANDA CHAIUTABLE TRusr NotLs to the Financial Ststements- continued for the year ended 31st Marth 2024 RELATED PARTY DISCLOSURES There were M related party transactions frirthe year ended 3 1st M8rch 2024. TRAVEL cosrs The majority of travel costs hav¢ been met by specific th)nations. Page 10
THE MARA RIANDA CHAIUTABLE TRUST Detailed Ststement of Financial AL*ivities for the year ended 31st Mareh 2024 3113124 3113123 INCOME AND ENDOWMEKrs T)()nAtion$ And legacies thnations Gift aid Lk)nalions- bursaries 74.655 7,570 10281 48.493 6,574 10,379 92,506 65.446 Investment ineome Interest receivable Gift aid interest 56 150 61 206 61 Totsl ineoming resourees 92,712 65.507 EXPENDITURE Charitsble Activities Sundries Secondary education Tertiary education School supplies & equipment Teachers support Building projects Repairs and maintenance Community supwrt Trdvel 637 20.526 273 13,128 5.348 40,711 14,409 693 5,121 1253 19,159 1,286 5253 liJ40 47.849 92,928 Support eosts FingDee Bank eharges Exchange differences AcUntancY tees (lJ93) {574) (225) (574} Total resources expended 47,624 92J54 Net incomel(expenditure) 45,088 {26,847) This page does noi forni part of the stsllnory financial swements Page 11
THE MARA RIANDA CHARITABLE TRUST Charity No: 1102255 Coryany No: 5035681 ADORESS AND REGISTERED OFFICE.. . Catsoate H(8. 36 a¥tl8 StreeL Hartford. Hortford$hK6 SG14 1HH TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees have pleasure in presenting their Annual Report of The Mara Rianda Charitsble 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 fft 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 strategS during this period were to assist both the Mara Rianda and Enkereri Primary Schools and the local community in the Mara Rianda, Maasai Mara, Kenya; in addition the continued support of students by way of educational bursaries. The Melnorandum and Article5 of A55OGiation contain the provi5iuns which regulate the purposes of the charty. The members of the company are entitled to appoint new Trustees at a general meeting. The existing Twstees may reGommend to the member5 the appointment of a new Trustee. (Dominic Grammaticas has been appointed a trustee and director in 2024 - 25) The Trustees will consider the amounts, rf 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 charrty received funds primarily by writing to persons who had expressed an interest in 5UPPOrting the sarrE as well as persons who potentialty may support the charity. During the year ended 31 March 2024 further funds totalling £92,711 have been received. We have been able to commence the funding of the building of a new dormitory, new toilet and shower block and the refurbishment of an existing dormitory at Mara Rianda Primary School. Funds have also been ulilised to provide ongoing support to the Mara Rianda Primary School. Enkereri Primary School and two pre-schools in the Maasai Mara, Kenya as well as the local communty. Following consultation with the Headteacher and school committee of the Mara Rianda and Enkereri Primary Schools we have provided bursaries for a fvrther nine pupils to meet their secondary school fees for the four year duration of secondary education. To date we have supported 200 children, including 74 girts, to go to secondary school, of which 153 have now completed their secondary education. In addilion we support one student at Kenya Medical Training College.
We continue to provide financial support for fve teachers, as well as replenishing general school suppliés; such as writing materials, books and sports equipment. The charity has reserves of £79,431 which will be used for the completion of the building of a new donnitory, new toilet and shower block and the refufbishment of an existing dormitory al Mara Rianda Primary School. The charity's plans for the future include the continuing provision of bursaries to enable students to re1ve secondary education and to continue to provide the schools and local communty with resources. We believe that our accounts are self*xplanatory and show clearly how funds donated have been used. Funds retsined will be used to meet the ongoing cost of providing bursaries, financial support for teachers and the provision of school supplies. The Trustees are extremely grateful for the continued assistsnce 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 gratefvl for the continued assistance of Deloitte in Nairobi in providing local payment services. It is acknowledged that the charity coukl not operate as efficiently as il does without the enormous support of Governors, Camp and Deloitte. olin Bird Nige Directors and Trustees ol 9 December 2024