2024-12-31-accounts

Trustees. Annual Report for the period (H Period start date J8nUary Period end date From Section A Reference and administration details Charity name Bokamoso Educatlon Tru8t Other names Charity Is known by Reglstered charlty nuM￿r (If any) 1149316 Charlty's prlncipal address Coopors Bottorn, Coopers Lane, Dedham, Colchest•r, E88eX Postcode C07 6AX Names of the charlty trustees who manage the charity DateB a¢t•d If notforwhol• Omee Ilf any) 6ar Nam? of pornon lor body) entltled toa Int tru8tee Ifan Trustee body Trustee body Trustee name Sean Steyn Craig Davld New8am Risoly Grant Webstsr Appolnted 2110812012 ApF)0Snted 0610312017 Appolnted 2711012016 Appolnted 0910312021 Trustee body Trustee body Tracey Douthwaite Rlchard Alan Kirk Jarred Vock Appolnted 2110812012 Appolnted 0910312021 Trustoe body Trusteo body 10 12 13 14 15 16 17 18 19 20 Names of the truslees for the charity, rf any, (for example. any custodlan trustses) Dates actsd If not for whole ear TAR December 2023

Names and addresses of advisers (Optional informatlon) Type of adviser Name Address NA Name of chief ex8cutlve or names of senlor staff mombors {Optlonal Infonnation Section B Structure, overnance and mana ement De$¢riptlon of the charity's trusts Trusl De•d Type of governing document How the charity is constituted Trust ,, New trust008 chosen by damocratic vote of a majorlty of existing Trustee selection methods ., trustees. Additional g¢)vernan¢e1$8ues Ioptlonal infomiation) All new trustees glven CC3A ¢harity tru8tee: what's Involved You may choose lo include additional informallon, where levant, about.. The Bokamoso Education Tfust works closely with a separats trust In South Afrl¢a. This South Afrlcan trust shares the same namè and purpose. policies and procedures adopted for the induction and training of tru$tees', the charity's organisational structure and any wider ￿e￿Ork with which the Charity works.. relationship with any related parties., Irustees, consideration of major risks and the system and procedures to manage them. The South African trust is responslble for executlon of the Bokamogo Educatlon Trust prlmary objoctive. Th• major rlsk to the Trust is the Ios8 of donovs which leave8 trust unable to support benefl¢Saries for ¢ommitsnent period. Mitigated by annual commitinenl wlth resorvo8 In advance of commitmenL Furthennoro, tho Trust has forged a strong and enduring relatlonshlp wlth the South African Trust which 1$ rfrglslered as a Publlc Benefit Organisatlon (PBO}. Such organlsation was e8tabli$hed in 2008 and 18 fo¢ussed on provldlng financlal and mentor support lor the educatlon of underprivileggd chlldren In South Africa. The UK Trust pays tho SA tru8t a lump sum in arrears for Ihe educatlon ol particular benell¢larles as well as certaln agreed adminlstratlve expendllure. The UK Trust Is reliant on the reports and oxocutlve tsam of the SA based trust in relation to thg: Comrnunications wlth the UK Irusl as wfrll as tho ultirnato beneficiary and families thereof. Flnancial compllance with obJectlve¥ of the Trust for the ro er allocallon of funds received from the UK Trust Decernber 2023 TAR

Financial compliance wlth objectlves of the Trust for thè proper allocation of funds received from the UK Trust Coryordination and mentorlng ol the beneficiarlvJ of tho Trust In mitigallon of the above: l. The two trusts have signed a servl¢e levol agreement setting out the raportlng, demonstrative and other 8éNlces to be provided between the trusts., 11. The SA trust's financial statements have to bè submitted to the SARS tax exempllon unit each year for roviow as a PBO and is currently voluntarlly registering as a non-proflt organlsation whlch requlres further continuous govarnment oversight on $ueh entity's flnancial statemfrnts and spgnding in accordance with its obJectiv8' iii. The SA trust has generatsd and adopted poli¢y documents In relation to, amongst other things: Risk management Regular Flnancial reviwi and resor¥os assessment for curront beneficiarles Regular donor erosion manag•ment and revlew CRM systems and communlcation channels Safeguarding vulnerable benefi¢iarles Regular communication wllh benefiGiaries and families Relatlon$hlp and channels of communication with schools Relationships, assessment and review of montors and servico provlders Complaints handling Communication channels for complaints Procedures for Complalnts handling and rlght of representatlon and revlew Child Incldent reportin8 and management Section C Ob'ectives and activities | The principle obJe¢tlve of tho Trust Is to facililale the edu¢atlon and development of disadvanlaged Ghlldren in South Africa, through the financial support of their education. ', The beneflciaries of the Trust are both chlldren from lower soclo- economlc backgrounds who may otherwlse be excluded from a proper education. and Ihe qualifying institutions who provided education servlces. Qualifying Inslltutions aro: a) Any school or higher educatlon Institution las defined by the South African School Act of 1996, and the Hlgher Education of 1997, provided thal these institution¥ promote the edu¢atlon andlor developmont of under•rivileged ¢hildren; and b) any non-proflt institutlon having similar ob eclives to th8 trusL Summary of the objtcts of the charity set out In Its governing document TAR Decembgr 20rJ

Provlslon of school fees, books, school clothes, extra le9￿n8, i andlor tran$port tomrom school Summary of Ihe maln activltles undertaken for the publlc benefit in relation to these objects Ilnclude wlthln th18 Sectlon the statutory declaration that Iwstees have had regard to the guldancè Issued by the Charity Commission on public benefit) Addltk)nal detalls of objectivès and a¢tlvltle8 Iopllonal Infomiallon) All trust funds are retained In an UK bank account You may choose to include further statements, where relevant, about.. policy on grantmaking., policy programme related investment.. contribution made by volunteers. TAR December 2023

Section D Achievements and performance The trust supported the oducatlon costs of 10 Children during 2024. Summary ofthe main achievements ol the charlty during the year TAR Decembor 2023

Section E Financial review The charity is In sound flnan¢ial poslllon. It only makes an annual commitmenl to Support a number of Identified chlldren during the year. Bokamoso holds sufficient reserves for at least a yoar's ¢ommitm8nl, in advance of making thal Commitment. Brief statement of the charlty's poll¢y on reserves At 31 December 2024 8okamo$o held £171,792.40 in assets on its balance sheet, with reserves of £107,069.56 and holding Ring Fenced Funds of £62,722.84. Details ol any funds malerially in deflclt Further financial r•viow detalls (Optional information) Monthly donations from indlviduals. Donations from fund-ralslng events. Corporate donatlons. You may choose to include additional information. where relevant about: the charrty's principal sources of funds (including any fundraisingl., how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investmènt policy adopted. Section F Other optional information Section G Declaration The trustses declare that they have approvèd tho Iru8twJ' roport obove. Signed on behalf of th• charity's trus Slgnaturalsl Full name(s) Posltion leg S•crotary* Chalr, etc) Dato 21 2015 TAR D¢cemb8r 2023

CHARITY COMMISSION FOR ENGLAND AND WALES Chority Namé Nts111 any) Receipts and payments accounts CC16a For tho perlod from PÈri¢o siari ¥aie Period end dale 31-Dec-24 To 01-J#n-24 Section A Receipts and payments unrest￿Cted funds trjthè n•arest Restri¢led fun1$ Endowment fLFnds tothe nqarF51 £ Lasl year Total funds to tho n•ar&gt£ toth• ngarè¥t£ tothe neJre¥tE A1 Recgl Corpor8te Donotv)n8 $,000 16,995 16,995 CAF In¢iwdwg1- mDnlNy Ir￿1vIdLWP- Ontroff Grft￿d Claim Evèni Inc¢me 742 3,110 742 3.1to 4954 ross Fncome or AR) 32.701 •n 18e¢ tsbl•l. nVO8 men A3Pa ment# 8pr& charoes Subscripti Events- FunJ rn18lng event Bokamoso SAp3yrn￿l Cranl8ppllttion 2WI 31,357 2,501 19.524 Sub total J•,$S7 19.128 A4 Ass•t and Inv•8tmgnt Sub totsi 00.080 Net of recelpts/(p8yments) A6 Tran#fèrn bgtween funds A8 Cash funda la8t ye¥rend Csh funds th1$ yurend CCXX R1 accounts ISSI 2211012025

Section B Statement of assets and liabilities at the end of the period Unrestrictad fund8 Restrlcted lund5 to nèaro¥t£ Endowment funds n•B¢èSt£ Categorie Details 81 Cash funds 1￿.¥4$ 62,418 Total cash funds 109,34> 82.448 14w W￿ra￿v￿and pAyThoprt iJn￿OIrl¢ted lund8 R¢$tri¢ted fund$ Endowrnent fundty to RollMI£ Oetall$ to to noar•st E Fund tDwhlch •¥sgt b•l¢n Curfftm ¥Br onal Dgtalls Ca$t{aptloTra 83 Investmont assets Fondto whlth Detall$ Coit loptlonttii Curfornv4lu• B4 Assets r•tslned ft>r ¢h• charlty's own u F￿Th￿ ttswhich Amounldue When duv Detalls BS Ll•bllltS8S SynBd by one or Iru5tees on bghaifof all Ihe IN&te8S Oate of roval Slgnatu Prini Name CCXX R2 ￿CountS ISSI 2211012025

Dearsirlmadam. Independent exarninerf5 reFlQrt to the Trustees ot Bokamoso Educatlon Trust I report to the trustees on my examination of the accounts of the Bokamoso Edl￿atIon Trust (the Trust) for the year ended 31 December 2024. Responslbllltles and basls of report As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act ar)d in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under sertlon 14515llbl of the Act. Independent examinerfs ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that In any material respect: l. Accounting records were not kept in respect of the Trust, as required by section 130 of the Act: or 2. The accounts do not accord wtth those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to ensure a proper understanding of the accounts to be reached. Peter Goldsworthy Chartered Accountant CAISA}