CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01.04.23 Period end date Period start date To 31.03.24 Charity name: New Life Nyambene Charity registration number: 1122048 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its ovemin document Summary of the main activities in relation to those purposes ft)r the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 To promote any charitable purpose for the benefit of the people of the Nyambene Hills or elsewhere in Ken 1. Supporting the rehabilitat'on and wellbeing of the abandoned street children in our care and providing them with aCsS to the educational opportunities that are their best chance of escaping destitution. 2. Ongoing fundraising activity in the UK. 3. Raising awareness of the issues affecting street children and other people in Kenya affected by famine and destitution. 4. Monitoring ongoing legal proceedings to rotect the charit 's interests. As is shown by the activities listed above, the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.178nd 1.19 Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Additional infonnation {optional) You ma choose to include further statements where relevant about: SORP reference Poli on rant makin Policy on social investment including program related investment Contribution made by volunteers Para 1.38 Para 1.38 All work carried out for the Charity in the UK is on a voluntary basis, mainly by Trustees. Para 1.38 Other Achievements and Performance
SORP reference 1. Sponsorship level largely maintained. 2. Furthering the Charity's purpose for the public benefit. 3. Applying for the third time for matched funding through The Big Give Christmas Challenge, which resulted in total donations of over £11,000 (including Gfft Aid). 4. Other successful fundraising efft)rts, leading to a significant improvernent in bank balances, which are planned to be used to purchase land in the region of the Nyambene Hills for the construction of a new home for the children in the Charity's care. 5. Continued signifir2nt improvement in the care and education of the children through the efforts of the Charity's relatively new manager in Kenya (she was appointed in October 2022), who has established excellent relations with both staff and children. Summary of the main achievements of the charity, identifying the difference the charity's Vrk has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional infonnation (optional) You ma choose to include further statements where relevant about.. Achievements against objectives set Performance of fundraising activities against objectives set Investment perft)nnance against objectives Para 1.41 Para 1.41 Para 1.41 Other
Financial Review Review of the charity's financial position at the end of the period Para 1.21 The Charity ended the financial year in a relatively strong financial position, with reserves representing close to 12 months, normal ex enditure. The Charity aims to hold reserves equivalent to 6 months, expenditure, given its relian on one-off donations Reserves at 31.03.24 were £41,986. NIA Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanats"on of any unrtain"eS about the charity continuing as a going concem Pafa 1.22 Para 1.22 Para 1.22 Para 1.24 NIA Parn 1.23 There are no UnrtaIntieS about the Charity continuing as a going concem. If income decreases for any reason, this will affect the number of children the Charity can support andlor the level of school or college fees the Charity can afford, but this is not ex ected in the foreseeable future. Additional information (optional) You ma choose to include further statements where relevant about: Approximately a third of the Charity's income comes from regular donations, and the rest frorn one-off gifts. In 2023, the Charity participated in The Big Give Christmas Challenge for the third time. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy ado ted A description of the principal risks facin the charit Other Parg 1.48 Para 1.46 Structure, Governance and Management Description of charity's trusts: Type of goveming document Para 1.25 Trust Deed (GD2) How is the charity constituted? le.g unincorporated Para 1.25 Trust Deed dated 29.11.2007 (as amended by Deed dated 01.09.2011 and further amended by Deed dated 14.02.2017) Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Invitedlselected by current Trustees
Additional inforniation (optional) You ma choose to include further statements where relevant about.. Policies and procedures Trustees follow the guidan material adopted for the induction provided by the Charity Commission. and trainin of trustees The charity's organisational structure and any wider network with which the charit works Relationship with any related arties Other Para 1.51 As nonnal routine, staff in Kenya undergo continuing review and training in data management, governan and child rotection olicies. Para 1.51 Para 1.51 Reference and Administrative details Charit name Other name the chari uses Re istered chari number Charity's principal address New Life N NIA 1122048 5 Bridge Hill House, Higham Lane, Bridge, Canterbury, Kent CT4 SAY. ambene Names ofthe charity trustees who manage the charity Trustee name Office {If any) Dates acted if not for whole ear Chair Name of person lor body) entitled toa Int trustee ifan Miriam Westendarp Lyn Imlliams Luke Westendarp John Downey Jane Murungi Duncan Murungi Treasurer orate trustees - names of the directors at the date the re Dlrector name ortwasa roved NIA Name of trustees holding title to property belonging to the charity Trustee name Dates acted if not for whole ear NIA
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NEW UFE NYAMBENE Re istered Chari No. 1122048 FINANCIAL STATEMENTS FOR THE YEAR TO 31ST MARCH 2024 Income & Ex enditure kcount Year Ended 31.03.24 Year Ended 31.03.23 Income Regular giving Special gifts and appeals Interest receivable 16.302 33,557 91 49,950 24,997 30.559 17 55,573 Gfft Aid receivable 4,706 6,120 Total Income 54,656 61,693 Expendllure Chikjren's Project (see note 1 below} Legal fees and expenses Fundraising costs Travel costs tofftom and withn Kenya Publicty costs (see note 2 below) Zoom subscription Other 38,452 55,246 707 2,267 1,507 1,819 1.843 130 120 40 42,403 144 40 59,911 Surplu81(defi¢lt) of Income over Expendlture 12,252 1,782 Balan e Sheet A•At 31.03.24 A8At 31.03.23 Land and Buildings Bank Balances Debtor- HMRC (Glft Aid) Funds Avallabl• 11,481 27,497 3,008 41,986 11.481 14,868 3,385 29,734 Ropre8ented by :. Balance from 1st Aprfl 2022 Current year Sufplus Total Reserves 29,734 12,252 41,986 27.952 1,782 29,734 Notes 1. For much of 2023-24, the charity benefftied from a swJntrant (c.30%) depreciatton of the Kenyan Shilling versus the Briknsh pound, reducing the cost of our Kenyan operations in Sterling temis. The Kenyan Shilling has reversed much of this depreckgtion during 2024-25. 2. The charity spent £130 during the year on upgradwig its website. Prepared By:... . .L.T. Williams Hon.Treasurer & Twstee Page 1
INDEPEDENT EXAMINER'S REPORI. ON THE AC'I.'OIINTS OF- NLW LIFE NYAMBF.NE
I'F,AR F.NDF.D 31" MARC.H 2024
Indepemdent examiner's report to the trustees of New l.ife Nymrnbene
I r¢pori on Ilie accounts of the charity for the yeiir Lnded .1 l MarLh ?0?4. whiLh are sei out on pagrL I.
Respeclive responsibilities of trustees and exxminer
Tl)e Lliiirily's Irusiee% are I'e%p()ii%ible fi)r Ilie preparkilii)n i)I' Ilie