Annual report uploaded independently
Charity registration number.. 1153012 TRAIN(Kenya) Annual Report and Financial Stslements for the Year Ended 31 Deoemb?r 2023
TRAIN{Kenya) Referonce and Admlnlstratlve Details Trustees C R Barton Mr G Thomas K Underhill O T Allmand-smith D S Small8y 1153012 Charlty Registration Numbor Prlnclpal Offlce 6 Sheep Hey Leaches Road Ramsbottom Bury Lancashire BLO OND Independent Examlner Pl Accounlants Llttlemead Hollingdon Bucklnghamshire LU7 ODN Poge 1
TRAIN(Kenya) Trustees. Report {continued Areas of Focus for Flnancial Support The training of chur¢h leaders Students were supported to be able lo com et8 their studies in preparation for the Christian mlnlstry. This is vllal ftsr the future health of the churches across the country. 11 is all area of focus that we plan lo develop in 2024. Financial 8UPPOrt of ohurch leaders A number of leaders in RBAK churches across the Gountry ar6 SUPPOrted by receiving funds from TRAINIKenyal. Without thls external support, they would not bo able lo work full time in thelr mlnlslry. Through this 8upport. for example In the remoto Pokol region, Ihe work of three churches has spread, and there are now more than 14 churches In that region, While it has been the deslre of the Iruslees lo see more support for leaders coming from the congregations, il has become clear that poverty and deprlvallon in many rural areas makes this almost impossible. so Gonlinuing support at a higher level is going lo be required lor the foreseeable fLJlure. Support for schools including Infraslruclur8 and Salades for tsaGhers. For example, many schools In the Pokot region have been sponsored and supported in this way, inGludiF)g the setting up of three secondary schools. Agaln, wilhoLsI the impetus and ongoing support that omes from TRAINIKenyal Ihls would not be possible. Even schools that are receiving govemmenl support often still requlre addllional help (especially in rural areas) In order to m8inlain the mlnimum number of teachers requlred lo function effectively. School fees for children of church leaders. This is an ongoing need, slnGe almost all educatlon In Kenya requires at least some level of fundlng from the famllles. WKhoul this support, mgny paslors would not be able lo work at thelr mlnlslry out of a nee¢J lo provide financial support for their children's education. People In need People in need, especially as a result of drought In 80me areas. Structure, gov•rnanc• and management The annual report was 8pproved by the trustees of the charity on 14 October 2024 and slgned on It5 beh81f by.. SIGMEO SI¢VRQLV 1811W?D24 Dt ID..4&..23AM UTC C R Barton Trustee Page 3
TRAIN(Kenya} Independent Examiner's Report to the trustees of TRAIN(Kenyal I report to the trustees on my examination of the accounts of TRAINIKenyal for the year ended 31 December 2023. Rgsponsibllltles and ba8ls of report As the charity Iruslees of TRAIN{Kenyal you are responsible for the pr8P8ration of the aGcounls in accordance wllh the reyuiremen15 of the Charities Act 20111'lhe Act'l. I report in respect of my examlnalion of the TRAIN{Kenyal's accounts carried out under section 145 of the 2011 Act and in Carrying out my examination I have lollowed all the applicable Directions glven by the Charity Commission under secllon 145{51(b) of the Act. Indopendent examlner's statement I have complet&d my examinallon. I conflrm that no meterial mallers have come lo my attention In Connection with the examination glving ma causo lo believ& that in any material re8pècI: accounting records were not kept in respect of TRAIN{Keny41 as required by section 130 of the Act.. or 2. the accoun15 do not accord wllh those records,. or 3. the accounts do not comply wllh the accounllng requlrement8 ¢onoernlng the form and conlonl of accounts set o¥Jl In the Charilles (Accounts and Reports) Regulatlons 2008 other than any requirement that the accounts give a 'lrue and falr vigW which Is not a maller considerèd as part of an independent examination. I have no ooncern8 and have Come 8oross no other m8llers in connecllon wlth the examinallon lo whlch allenlion should be drawn In this report In order to enable a proper understandlng of Ihg accounts lo be reached. Angelique W Chartered C Iflod Accountants Littlemead Holllngdon Buckinghamshlre LU7 ODN 14 October 2024 Page 5
TRAIN(Kenya) (Registration number: 1153012) Balance Sheet a5 at 31 December 2023 2023 2022 Note Current a$38ts Cash at bank and in han¢J 29,026 7,450 Credltor$', Amounts falling due wlthln one year Net 8$$0ts 180 648 28,846 6,802 Funds of the charlty: Unr8Strlctod income funds Unreslricled funds 28,846 6,802 Total funds 10 28,846 6,802 The financial stalem8nls on pages 6 10 13 were approv6d by the Iru51ees, and aulhorised for issue on 14 October 2024 and slgned on their b&half by.. 8KJNEDseeuRELY 1glftygOa4lt 10..18..Z3 Aiiurc C R Barton Trusteè The notes on pagas 8 to 13 form an integral part of these flnancial statements. Page 7
TRAIN(Kenya) Notes to the Financlal Statèments for the Year Ended 31 December 2023 (continued} Governance costs These include the costs attrtrbutable to the charity's compliance with Gonslilutional and slatulory requirements, Including audS1, strategiG management and Iruslees meetings and reimbursed expenses. Taxatlon The charity Is considered lo pass the tests sel out in Paragraph 1 Schedule 6 of th& Fin8n¢e Act 2010 and therefore 11 meets th¢ definition of a charitable company for UK corporation lax purposes. AcGordingly, the charlty Is pot8nlially exempl from laxalion in respect of income or capllal gains received within Galegories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Secllon 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such In¢ome Of gain8 arg applled excluslvely lo charitable purposes. Cash and cash equlvalonts Cash and cash equivalents comprise cash On hand and call deposits, and other short-term highly liquid investments that are readlly convertlble lo a known amount of cash and are sublect to an insignificant risk of Ghange in value. Fund structure Unreslricled Sncome funds are gen8r81 funds that are available for use al the trustee8 dlscrellon In furtherance of the oble¢lives of the charlly. Re51ricled funds ar& subl8cI to specific conditlons by donors as lo how they mgy be u88d. Th8 purpos$$ and uses of the reslriclgd funds are sel out in the notes to the flnancial slalgm8nl8. Flnanclal Instrumonts Classiflc8tlon Flnantlal assets and flnanclal liabilltles are recognised when the charlty bgGomes a party lo the contractu81 provl8lon8 of the instrument. Financlal Ilabilllies and equity instruments are classifled accordlng lo the Substance of the contractual arrangements entered into. An equity instrument is any contract Ihdl evidences a residual Interest In the assets of the charity aflei deducting all of ils liabilllies. 2 Income from donatlons and legaeles Page 9
TRAINIKenya) Notes to the Flnancial Statements for the Year Ended 31 December 2023 (continued) Unrestrlctèd funds General Total funds Note Other resources expended Total for 2023 149 149 149 149 Total for 2022 6 Analysls of governanca and support costs Govgrnance cost$ Unrestrlctad funds General Total funds Audll fees Other fees paid to audllors Total for 2023 180 180 180 Total for 2022 648 648 Page 11
TRAIN{Kenya} Notes to the Flnanclal Statements for the Year Ended 31 December 2023 (continued) Total funds at31 December 2023 Unrestricted funds General Current a8se18 Current Ilabililies 29,026 180 29,026 180 Total nel assets 28,846 28.846 Total funds at31 D9cember 2022 Unrestrlcted funds Gfrnèral Current assets Current liabilities 7,450 1648 6,802 7,450 Total nel assets 6,802 Poge 13
TRAIN{Kenya) Detailed Statement of Flnancial Activities for the Year Ended 31 December 2023 Total 2023 Total 2022 In¢omg and Endowments from: Donation8 and legacies lanalysed below) Other trading 8clivities lanalysed below) Total income 37,908 5.205 39,843 43,113 39,843 Expendlture on: Charitable activities lanalysed below) Other expendllure lanalysed below) Total 8xp6ndilure Nel Income {20,9201 149 133.7041 1541 21,069 33,758 22,044 6,085 Net movement In funds 22.044 6.085 Rèconclllatlon of funds Totsl funds brought forward Total funds ¢arrled forward 6,802 717 28,846 6,802 This page does not form part of the slalutory financial stat8menl8. Page 15
TRAIN(Kenya) Independent Examlner's Report to the trustees of TRAIN{Kenya) I report to the trustees on my examination of the aGGounls of TRAINIKenyal for the year ended 31 December 2023. Rosponslbllltles and basls of report As the Gharily Iruslees of TRAIN{Kenyal you are responsible for the preparation of the accounts In accordance wilh the requirements of the Charities Act 2011 I'lhe Act,). I report in respect of my examination of Ihe TRAIN{Kenyal's accounts cairled out under section 145 of the 2011 Act and in carwng out my examination I have follow8d all the applicable Dlrections given by the Charity Commission under seGllon 14515llbl of the Aot. Indopendent exam5ner's statement I have completed my examlnallon. I confirm that no material maller5 have come to my attention connection with the examlnalltsn givlng me cause lo believe that In any m8t8rial respect= 1. accounllng records were not kept in respect of TRAIN{Kenyal as required by secllon 130 01 the Act; or 2. the accounts do not accord w51h those record5,' or 3, the accounts do not comply wSlh the accounting requir&menls concerning the form and content of accounts sel out in the Charille8 (Accounts and Repor181 Regulations 2008 other than any requlremenl Ihal the accounts glve 8 'lrue and falr view, which 18 not a matter Gonsldered as part of an independanl examlnation. I have no conc9ms and have come across no other matters In connecllon wllh the examination lo whlch allenllon should be drawn in Ihls report In OTder lo enable a proper under$land1ng of the accounts lo be reaGhed. Angelique W Chartered C I FCCA ified Accountan18 Litllemead Hollingdon Buckinghamshire LU7 ODN 14 October 2024 Page 5