# **Annual Report and Accounts 2024-25** 

Trustees; Tom Nixon (Chairman), Lesley Dann, Jackie Cooper, Ben Vince, Roger Dann, Jackie Parker, Bill Compton, Curtis Mansfield. 21 Cuckmere Rise, Heathfield, East Sussex, TN21 8PG Tel: 01435 865502. Mob: 07941041616 www.haramb 

eeforkenya.org 

**Charity Reg. No. 1121597** 

**h4kinfo@gmail.com** 



## **Annual General Meeting** 

## **Agenda** 

## **9 September 2025** 

1. Welcome 

2. Apologies for absence 

3. Adoption of Minutes of the last AGM 

4. Matters Arising 

5. Chairman’s Report 

6. Treasurers Report 

7. Appointment of Auditor 

8. Appointment of Trustees. 

9. Any other business 

- 10.Closing remarks 

Trustees; Tom Nixon (Chairman), Lesley Dann, Jackie Cooper, Ben Vince, Roger Dann, Jackie Parker, Bill Compton, Curtis Mansfield. 

21 Cuckmere Rise, Heathfield, East Sussex, TN21 8PG Tel: 01435 865502. Mob: 07941041616 www.harambeeforkenya.org **Charity Reg. No. 1121597 h4kinfo@gmail.com** 



## **Register of Members of Harambee for Kenya** 

**Trustees Ambassadors/Others** William Compton Ray Wickenden Jackie Cooper Lydia Jay Lesley Dann Ricky Baker Roger Dann Carole Simpson Curtis Mansfield Mick Wilding Thomas Nixon Jackie Parker Benjamin Vince 



## **Minutes of 2023-24 AGM** 

## **20th July 2024** 

This meeting took place at Cuckmere Rise Heathfield 

**Those present** ;- Roger Dann, Lesley Dann, Tom Nixon, Curtis Mansfield, Bill Compton, Jackie Parker, Ray Wickenden, Sally Di-Fabio, Jackie Cooper, John and Hazel Saville 

**Apologies:-** Mandy Pywell, Mick & Mary Wilding. Ben Vince. Lydia Jay and Ricky Baker and Phil. 

Welcome from Tom Nixon and introduction. 

## **Matters Arising from Minutes of last meeting.** 

None 

## **Adoption of the minutes** 

## **Proposed Lesley Dann Seconded Roger Dann** 

## **Chairman’s report** . 

Report circulated in advance of meeting from Tom (UK) and John (Kenya), and the outgoing Chairman Roger Dann. 

During the year we said goodbye to some trustees, Mick is staying on as ambassador. We have welcomed new ones. 

TN - offer huge thanks to RD for his work for the whole charity, time effort he has contributed and delighted he is going to continue as a trustee. 

We have had various liaisons with the Charity Commission. A great deal of work has been conducted following observations and actions required which has resulted in leaving us in a very strong position. 

## **Treasurer reports.** 

As at 30[th] June 2023 the current balances are; 

|Community Res|(No. 4260)|£|38,570.78|
|---|---|---|---|
|C/A|(No.4252)|£|3,494.07|
|Paypal A/c||£|200.00|
|Dann (shop money||£|200.00|
|Treasurer Petty Cash||£|95.00|
|Total||**£**|**42,559.85**|





The reserve account is used for general savings. 

The Golf Day cheque has just been received - £1248 - to be added to total. 

Some of the money is restricted funds which is for schooling, uniform and the Future Fund. The accounts presented show how this is broken down. 

Balance lower this year due to the extra expenditure we have had to pay out following Charity Commission actions etc. 

This was the first year we had to take £1500 out of the savings to cover extra costs. 

Restricted funds other £1,307 – shoes etc 

All gift aid claims up to date for last year £2891.13 claimed. GASDS 1262.75 claimed for last year 

For the Charity Commission we will need an exit strategy. We have also looked at a reserves policy. We will be working with the Kenyan NGO for sustainability of income within Kenya. 

Current indications show that the carpentry in Meru is looking promising with regard to income and the tailoring is also proving successful. 

The accounts were **Proposed** Jackie C **Seconded** Bill 

All agreed. 

## **Election of Auditor.** 

Helen Barham is willing to audit the accounts. She very kindly does this free of charge as her giving to the charity. 

## _**Proposed**_ Lesley Dann _**Seconded**_ 

Roger Dann 

## **Appointments of Trustees** 

Chairman - Tom Nixon nominated by Lesley Dann, Ray Wickenden seconded Secretary - Jackie Parker nominated by Tom Nixon, Lesley Dann seconded Treasurer - Lesley Dann nominated by Ray Wickenden, Bill Compton seconded 

Other trustees (all) - Tom Nixon nominated, Lesley Dann seconded 

Jackie Cooper, Bill Compton, Roger Dann, Curtis Mansfield, Ben Vince 



All Trustees are willing to stand for the following year. Curtis joined the team earlier this year. 

We said goodbye to Mick Wilding who stood down as a trustee but accepted the position of being an Ambassador. 

Curtis - role leads on fundraising and social media 

Jackie Cooper - keeps links with Kenya especially on sponsorship. 

Our Ambassadors are 

Mick Wilding, Ray Wickenden, Phil Suter, Lydia Jay, Ricky Baker, Carole Simpson. 

The Ambassador role is to mainly support and represent the Charity. They also spread the word for us among their local communities to help with awareness and where possible help with support in our fundraising. Ambassadors are members of the charity,who also have voting rights at the AGM. 

## **Any other business.** 

## **None** 

## **Fundraising.** 

The Race Night was was postponed due to illness but will go ahead later this year 

Once again the Golf day last year was a success and has taken place again this year already raising over £1200. 

We have visited various Scout Groups throughout Kent, and Sussex raising money through soapstone carving activities 

Curtis Mansfield acquired many many pairs of ON trainers for the boys which is really helpful. 

The meeting was closed at 5pm 



## **Report from the Chair of Trustees** 

This year has been one of contrasts for Harambee for Kenya. On the one hand, we have seen continued impact in the lives of the boys we serve in Kenya. Our dedicated staff, trustees, and volunteers have remained unwavering in their commitment to offering safety, stability, and hope to some of the most vulnerable young people in Kenyan society. On the other hand, we have faced a decline in income and increased costs in Kenya which threatens the sustainability of parts of our work. 

Our work this year has been to stabilise both Kisii and Meru following the uncertainty of the previous year and really embed the staffing model of additional social workers. This has led to higher costs, and higher funding requests because of the increased salaries. In addition, we have also supported the Kenyan NGO to introduce specific health insurance, which will undoubtedly have a future impact on funding. 

That said, fundraising has continued throughout the year, and we are immensely grateful to everyone who has supported our fundraising activities, or indeed, raised funds for us. This income is vital to support the projects in Kenya and provide better futures for the boys. 

Following our decision last year to increase staffing levels, along with the additional staff benefits, we are yet to see the impact of those decisions, so we have taken a cautious approach to expenditure this year, in order to ensure that we hold sufficient reserves. Even so, our fundraising work will become even more critical into the following financial year, and we will continue to review the viability of funding both Kisii and Meru on an ongoing basis. 

Trustees have continued to make visits to the projects in Kenya throughout the year, including a surprise visit in February 2024 to undertake spot checks following the work we have done with the Charity Commission, and it was pleasing to see that standards had improved significantly and that they were maintained, even when the Kenyan NGO did not know we would be visiting. 

A key area of progress this year has been to review our online social media presence, to ensure that we are building awareness in the UK of our work in Kenya, and during Trustee visits to Kenya we have generated significant content which will enable us to further develop our external branding and collateral in the coming year. We now have an excellent social media presence across Facebook and Instagram – with our Facebook group serving as a channel for keeping our supporters updated on activities in the safe houses, and Instagram as a channel for external news, stories and awareness generation. It is hoped that adding Instagram as a channel will lead to better engagement and awareness, enabling us to develop future funding streams. 



Our focus for 2025 remains to ensure that the best possible care for the boys is being provided by the NGO in Kenya, along with closely monitoring our funding position. 

Tom Nixon 

Chair of Trustees 



0¥0912025
TO. U.K. TRUSTEES
Hallo!
Let me start by thanking God for everything he has done for all of us
importantly for the gift of life.
Secondlyi for his faithfulness to us all.
Thank you to you all for the continued support of the year 2024, we
cannot complain at all. The boys enjoyed the support of having a shelter,
clothes, food, school fees and many more.
Health wise they are enjoying good health although few have been
treated of flues, joint pains, toothache and sometimes stomachaches.
Year 2025 is also good amidst few challenges here and there but we still
are pushing on.
This same year 2025, Meru received a BOMBSHELL of stopping of
support from the month of September which was very abrupt and left us
in questions but all I would say is it is well. From the month of October
we will be on our own. Even then, we are tying to talk to a few friends
because we cannot lose hope for the boys. It's such a difficult year but
we continue to trust our God for he says "he who began the good work
will bring it to completion,
We want to thank you very much for the great support that we have
enjoyed for all the years you have offered help. AIthough our boys were
discouraged after the news of your exit from them. We however raised
their hope again by assuring them that they will be fine. They are now
okay and there is hope in God.
Have a great meeting. Our love to you and God richly bless you!
With Love,
john Buria
CHAIRMAN KENYA

**Harambee For Kenya Charity Number 1121597** 

## **Receipts and Payments Account for the Year Ended 31 January 2025** 

|**_Receipts_**<br>Donations<br>Fundraising<br>Fundraising Activities<br>Goods for resale<br>Gift Aid Received<br>Bank Interest<br>**_Payments_**<br>Cost of Charitable Activities<br>Trustee visits to Kenya<br>Fundraising<br>Cost of Fundraising Activities<br>Stock purchases - goods for resale<br>Stock movement - goods for resale<br>Administration costs<br>Insurance<br>Bank charges<br>General expenses<br>**_Net of (Payments) Receipts for the Year_**<br>**_Assets Brought Forward_**<br>**_Assets as at 31 January 2025 / 2024_**|**Education**<br>**Future**<br>**Other**<br>**£**<br>**£**<br>**£**<br>1,941<br>-<br>1,899<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>1,941<br>-<br>1,899<br>1,941<br>-<br>1,899<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>1,941<br>-<br>1,899<br>**-**<br>**-**<br>**-**<br>**-**<br>**5,328**<br>**1,636**<br>**-**<br>**5,328**<br>**1,636**<br>**2025**<br>**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**|**£**<br>**£**<br>29,453<br>33,293<br>5,253<br>5,253<br>4,048<br>4,048<br>9,301<br>9,301<br>-<br>-<br>505<br>505<br>39,258<br>43,098<br>39,910<br>43,750<br>-<br>-<br>1,371<br>1,371<br>883<br>883<br>280<br>280<br>2,534<br>2,534<br>529<br>529<br>15<br>15<br>390<br>390<br>935<br>935<br>43,378<br>47,218<br>**4,120**<br>**-**<br>**4,120**<br>**-**<br>**38,861**<br>**45,825**<br>**34,741**<br>**41,705**<br>**Unrestricted**<br>**Funds**<br>**Total Funds**|**Education**<br>**Future**<br>**Other**<br>**£**<br>**£**<br>**£**<br>3,556<br>-<br>224<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>3,556<br>-<br>224<br>4,969<br>169<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>4,969<br>169<br>-<br>**1,413**<br>**-**<br>**169**<br>**-**<br>**224**<br>**1,413**<br>**5,497**<br>**1,412**<br>**-**<br>**5,328**<br>**1,636**<br>**Restricted**<br>**Funds**<br>**2024**<br>**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**|**£**<br>**£**<br>21,469<br>25,249<br>**Unrestricted**<br>**Funds**<br>**Total Funds**|**£**<br>**£**<br>21,469<br>25,249<br>**Unrestricted**<br>**Funds**<br>**Total Funds**|
|---|---|---|---|---|---|
|||||6,428<br>3,351|6,428<br>3,351|
|||||9,779<br>9,779<br>-<br>-<br>444<br>444||
|||||31,691<br>35,471<br>37,630<br>42,768<br>700<br>700||
|||||1,710<br>86<br>1,500|1,710<br>86<br>1,500|
|||||3,296<br>3,296||
|||||529<br>21<br>506|529<br>21<br>506|
|||||1,056<br>1,056||
|||||42,682<br>47,819||
|||||**10,991**<br>**-**<br>**12,348**<br>**-**<br>**49,851**<br>**58,173**||
|||||**38,861**<br>**45,825**||





**Harambee For Kenya Charity Number 1121597** 

## **Statement of Assets and Liabilities at 31 January 2025** 

|**_Monetary Assets_**<br>**Cash Funds**<br>Current accounts<br>Deposit Accounts<br>Cash<br>**_Non-Monetary Assets_**<br>Stock of goods for resale<br>**_Total Assets_**|**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Unrestricted**<br>**Funds**<br>**Total Funds**<br>**Education**<br>**Future**<br>**Other**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>5,643<br>5,643<br>-<br>5,328<br>1,636<br>23,896<br>30,860<br>-<br>-<br>-<br>2<br>2<br>**-**<br>**5,328**<br>**1,636**<br>**29,541**<br>**36,505**<br>**5,200**<br>**5,200**<br>**-**<br>**5,328**<br>**1,636**<br>**34,741**<br>**41,705**<br>**31 January 2025**|**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Unrestricted**<br>**Funds**<br>**Total Funds**<br>**Education**<br>**Future**<br>**Other**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>4,642<br>4,642<br>-<br>5,328<br>1,636<br>28,737<br>35,701<br>-<br>-<br>-<br>2<br>2<br>**-**<br>**5,328**<br>**1,636**<br>**33,381**<br>**40,345**<br>**5,480**<br>**5,480**<br>**-**<br>**5,328**<br>**1,636**<br>**38,861**<br>**45,825**<br>**31 January 2024**|**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Unrestricted**<br>**Funds**<br>**Total Funds**<br>**Education**<br>**Future**<br>**Other**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>4,642<br>4,642<br>-<br>5,328<br>1,636<br>28,737<br>35,701<br>-<br>-<br>-<br>2<br>2<br>**-**<br>**5,328**<br>**1,636**<br>**33,381**<br>**40,345**<br>**5,480**<br>**5,480**<br>**-**<br>**5,328**<br>**1,636**<br>**38,861**<br>**45,825**<br>**31 January 2024**|
|---|---|---|---|
||||**33,381**<br>**40,345**<br>**5,480**<br>**5,480**<br>**38,861**<br>**45,825**|



Signed by: 

T Nixon 

L Dann 

On behalf of all the Trustees Date: 9th September 2025 



Helen Barham ACA
Ash Trae Accountlng Llmlted
1 Ash Tree Close, Heathfteld. East Sussex. TN218BF
Tel: +4410)7970 881190
email: helen@atsccountlng.co.uk
Independent Examlners Report on the Accounts
Report to the Trustees of Harambee For Kenya (Charity no. 1121597)
On the accounts for the year ended 31 January 2025
Respective respon8lbllStles The charlty's trustees are responsible for the preparation of the accounts. The
of trustees and examiner charity's trustees consider that an audit is not required for this year under section 144
of the Charities Act 2011 (the Charities Act) and that an independent examination is
needed.
It is my responsibility to.
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the gener81 Directions given by the Charity
Commission (under section 145(5)Ib} of the Charities Act, and
to state whether particular matters have come to my attention.
Basls of Independent My examination was carried out in accordance with general Directions given by the
examiner's statement Charity Commission. An examination includes a review of the accounting records
kept by the charity and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or disclosures in the accounts,
and seeking explanations from the trustees conceming 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.
Indopendent examiner's In connection with my examination, no matter has come to my attention
statement 1. which gives me ￿asOnable cause to believe that in, any material respect. the
requirements..
to keep accounting records in accordance with section 130 of the Charities
Act,. and
to prepare accounts which accord with the accounting records and comply
with the accounting requirements of the Charities Act
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.
Slgnad:
Date: 91h September 2025
Name: Helen Barham ACA
Ash Tree Accounting Limrted
Registered Offi￿. 1 Ash Tree Close, He8thfield, E85t Sussex. TN218BF
Registered in Eng18nd under number 4521558

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## HARAMBEE FOR KENYA 

ANNUAL REPORT AND FINANCIAL STATEMENTS 

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FOR THE YEAR ENDED 315' DECEMBER 2024 

Makone & Associates CerfifiedP.O.Box 2564PublicCode Accountants40200 of Kenya Kisii. 



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Harambee for Kenya Report and financial statements For the year ended 31° December 2024 

## ORGANIZATION INFORMATION 

: 

° 

## BOARD OF TRUSTEES: 

## AUDITORS 

: John Thuranira M’buria ‘James Kamau Gathua :Andrew Obiero Okachi : Roger Dann ‘Lesley Dann :-Tom Nixton ;Tom Gikundi ‘Kennedy Gichaba 

: Makone & Associates Certified Public Accountants P.O. Box 2564-40200 Kisii 

BANKERS : Diamond Trust Bank, Kisii 

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Harambee for Kenya<br>Report and financial statements<br>For the year ended 31 December 2024<br>**----- End of picture text -----**<br>



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CONTENTS PAGE<br>: |<br>Organization information<br>|<br>Report of Trustees 9<br>|<br>Statement of trustees’ responsibilities 3<br>|<br>Report of the auditors<br>4<br>Statement of Financial Position 5<br>Income and Expenditure Statement 6 .<br>.<br>Statement of Funds Flow 7<br>Notes to the financial statements 8-9<br>.<br>**----- End of picture text -----**<br>




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Harambee for Kenya 

Report and financial statements For the year ended 31“ December 2024 

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## TRUSTEES’ REPORT 

The trustees submit their report and audited financial statements for the year ended 31* December 2024, which disclose the state of affairs of the homes. 

## PRINCIPAL ACTIVITIES 

The organization operates a nonprofit making orphanage dealing in the accommodation and welfare of street children. 

TRUSTEES a The trustees who held office during the year are shown on page I. 

## AUDITORS 

The organization auditors, Makone & Associates, have expressed their willingness to continue in office. 

TRUSTEE 

oe AH. J. OD pons 

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Harambee for Kenya Report and financial statements For the year ended 31° December 2024 

## STATEMENT OF TRUSTEES. RESPONSIBILIES 

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The trustees are required to prepare financial statements, which give a true and fair view of the state of affairs of the organization as at the end of the financial period and of the operating results for the period. They should ehsure that the organization maintains proper accounting records, which disclose with reasonable accuracy the financial position of the organization. The trustees are also responsible for safeguarding the assets of the organization. 

The trustees accept responsibility for the financial statements, which have been prepared using appropriate accounting policies supported by reasonable and prudent judgment and estimates. The trustees are of the opinion that the financial statements give a true and fair view of its operating results for the period then ended. The trustees further confirm the accuracy and completeness of the accounting records maintained by the organization which have been relied upon in the preparation of the financial statements, 

ApprovedVimmsyby the board of trustees on -241e%hors and signed on its behalf by: GuTHoA 

Trustee 

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## —_— -— =. : 

## REPORT OF THE AUDITORS TO THE TRUSTEES OF HARAMBEE FOR KENYA 

We have audited the financial statements set out on pages 5 to 9 We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit. . 

## Respective responsibilities of trustees and auditors 

The trustees are responsible for the preparation of the financial statements which give a true and fair view of the state of affairs of the organization and of the operating results. Our responsibility as auditors is to express an ‘independent opinion on the financial statements based on our audit and to report our opinion to you. 

## Basis of opinion 

We conducted our audit in accordance with International Standards on Auditing. Those standards require that we plan and perform our audit to obtain reasonable assurance as to whether the financial statements are free from material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by ‘management, as well as evaluating the overall presentation of the financial statements. Where we were unable to obtain independent confirmation, we relied on the trustees’ assurances. We believe that our audit provides a reasonable basis for our opinion. 

## Opinion 

In our opinion proper books of account have been kept and the financial statements, which are in agreement therewith, give a true and fair view of the state of the financial affairs of the organization as at 31 December 2024 and of its results for the year then ended and comply with the relevant statutes. 


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## HARAMBEE FOR KENYA STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST DECEMBER 2024 


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|---|---|---|---|---|
|NOTES|2024|2023|
|INCOME|
|Grants and|Donations|6|10,291,774|7,819,299|
|-|22,100|
|Miscellaneous|Income|
|10,291,774|7,841,399|
|EXPENDITURE|7|10,001,181|7,486,074|
|:|..|el|
|NET SURPLUS/(DEFICIT)|290,593|355,325|

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Harambee For Kenya Statement of cash flows For the¥ear ended 31 st December 2024 


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|---|---|---|---|
|2024|2023|
|K.shs|K.shs|
|Cash flows from Operating|activities|
|Net Surplus/(deficit) before tax|290,593|355,325|
|Adjustments for non-cash|income and expenses|||
|Deprciation charges|24,576|49,709|
|Operating profit before working capital changes|315,169|405,034|
|Net increase/(decrease)|in cash and cash equivalents|315,169|305,615|
|Movement in cash and cash|eqtiivatents|
|Net funds as at 1st January|115,512|465,547|
|Net funds as at 31 st December|112,716|115,512|
|Net increase/(decrease)|in cash and cash equivalents|2,796|(352,035)|

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## HARAMBEE FOR KENYA STATEMENT OF INCOME AND EXPENDITURE ~ FOR THE YEAR ENDED 31ST DECEMBER 2024 

|6INCOME<br>Grantsand Donations<br>Miscellaneous Income||2024<br>2023<br>kshs<br>kshs<br>10,291,774<br>7,819,299|
|---|---|---|
|||~<br>22,100|
|||10,291,774<br>7.841.399<br>ee<br>oe a<br>a|
|7 EXPENDITURE|"||
|Food<br>Printing&Stationery<br>Agricultural Projects<br>Firewood<br>Laptops/Airtime<br>Welfare<br>Electricity<br>Repairs &Maintenance<br>SchoolFees<br>Miscellaneous Expenses<br>BankCharges<br>AccountancyFees<br>Volunteers &Helpers<br>Depreciation<br>DirectorsExpenses<br>Shop Hire<br>SurveyFees||2,043,665<br>2,119,107<br>36,600<br>:<br>5,850<br>695,490<br>108,950<br>16,500<br>84,528<br>93,300<br>901,304<br>484,136<br>104,970<br>103,265<br>1,295,235<br>571,176<br>996,003<br>1,226,148<br>50,085<br>450,683<br>11,576<br>5,999<br>30,000<br>30,000<br>3,704,404<br>1,137,507<br>24,576<br>49,709<br>408,485<br>503,054<br>52,450<br>-<br>142500<br>-|
|TOTALEXPENSES||10,001,181<br>7,486,074|
|SURPLUS||290,593<br>355,325<br>EY|



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## HARAMBEE FOR KENYA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST DECEMBER 2024- 


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|1 ACCOUNTING POLICIES<br>Theprincipal accountingpoliciesadopted inthe preparation ofthetradingaccountareset<br>Gut Below|1 ACCOUNTING POLICIES<br>Theprincipal accountingpoliciesadopted inthe preparation ofthetradingaccountareset<br>Gut Below|1 ACCOUNTING POLICIES<br>Theprincipal accountingpoliciesadopted inthe preparation ofthetradingaccountareset<br>Gut Below|1 ACCOUNTING POLICIES<br>Theprincipal accountingpoliciesadopted inthe preparation ofthetradingaccountareset<br>Gut Below|1 ACCOUNTING POLICIES<br>Theprincipal accountingpoliciesadopted inthe preparation ofthetradingaccountareset<br>Gut Below||
|---|---|---|---|---|---|
|2) Basis ofpreparation||||||
|Theincome andexpenditureaccount isprepared underthe historical|||costconvention|.||
|5)<br>Fixed Assets||||||
|Fixedassetsaremeasured atcostlessaccumulated depreciation, Depreciation iscalculated<br>on@reducingbalancebasis atannual ratesestimated towrite offcarryingamounts ofrespective<br>@ssetsovertheirexpected useful lives.<br>.||||||
|Cost||Land&<br>Buildings|Fixtures&<br>Furnishings|Beddings&<br>Linens|Total|
|Asat01.01.2024<br>Additions<br>Balanceasat31.12.2024||11,433,348<br>638,000<br>12,071,348<br>=|679,080<br>409,840<br>-<br>-<br>679,080<br>409.840<br>909,840||12,522,268<br>638,000<br>13,160,268<br>13,160,268|
|Depreciation||||||
|As at01.01.2024<br>Charge<br>forthe period<br>Balance as at31.12.2024||-<br>-<br>-|542,956<br>17,016<br>559,972|349,359<br>7,560<br>356,919|892,315<br>24,576<br>916,891|
|Balanceasat31.12.2024<br>Balanceasat31.12.2023||12,071,348<br>11,433,348|119,109<br>136,124|52,921<br>60,481|12,243,377<br>11,629,953|
|2Cash&Cashequivalent<br>Cash in hand<br>2<br>Sank-instant<br>AccessCoop. Bank<br>:<br>Stendard Chartered Bank-5472202<br>Bank-Goodwill PartnershipCoop. Bank<br>StandardChartered Bank-5472201<br>DismondTrustBank-0581127002<br>DismondTrust Bank-0581127003||2024<br>2023<br>KSHS<br>KSHS<br>-<br>130,000<br>-<br>6,559<br>39<br>633<br>6,559<br>39<br>216<br>216<br>65,800<br>327,650<br>40,102<br>450<br>___142,716<br>465,547<br>rr||||
|2 Sundry creditors|||||5|
|Accruals:Audit fees||-|30,000|||
|4 Sundry Debtors||:|30,000|||
|Loan toOldBoys||46,000|46,000|||
|5 Domor’s Fund||46,000|46,000||:|
|Satence b/f<br>Semplus/(Deficit) forperiod<br>Baience c/f||12,111,500<br>11,756,174<br>290,593<br>355,325<br>12,402,093<br>12,111,499<br>a<br>a||||



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