2020-12-31-accounts

Names ofthe chari	ty trustees who m	anage the charity
Trustee name	Office (ifany)	Dates acted ifnot ear	for whole	Name to a	ofperson (or body) entitled oint trustee ifan
Kevin Collins	Chair
David Collins
Matthew Holmes		Until November	2020
Claire Woodbridge		Until November	2020
Del Sharman		From November	2020
Josh Yasar		From November	2020
Natasha Sedford		From November	2020

		~	~						~ ~ ~
Summary ofthe main achievements ofthe during the year								charity	Due to the Covid pandemic the Kenyan government mandated that schools should be closed for much ofthe year. Grade 4 pupils returned late Autumn, with all others returning in January 2021.			in
									Throughout the period when the school was closed we continued to	pay
									our teachers and provide lessons to our pupils in small groups in the
									community, but not in the school buildings.
									This allowed us to maintain engagement with our school community,
									keeping the children involved in education and supporting the people
									involved in caring for the children. This also provided the opportunity		to
									distribute much needed food and provide instruction on good hygiene		to
									protect against virus transmission.
									Emergency funds were issued to help prepare the school to be compliant
									with the Kenyan Ministry of Education requirements for Covid mitigation
									when the school reopened.
									Further investments were made in maintaining and repairing our
									infrastructure, including building additional toilet blocks.
									We were also able to facilitate Samwel Manda, our key stakeholder	in
									Kenya, moving to the Nyiera area in order to provide more effective
									mana ement ofour arran ements in Ken a.
									The Trustees recognise that funds received (income) will vary greatly		on
Briefstatement						ofthe			a month by month (and yearly) basis as such a significant proportion		is
charity's			policy			on reserves			generated from one-off events. As such Soma Leo will continue to build
									and hold short term reserves to cover known or anticipated future
									expenditure, which may include one-off costs for building development
									work. We have no policy on building and holding reserves beyond this
									approach to establish reserves in order to afford desirable future
									expenditure that adds to the public benefit.
									Significant reserves established in 2019were used in part to off-set the
									lack of fundraisin events and activit durin 2020 due to Covid-19.
Details		ofany			funds		materially
in	deficit
Further		financial				review details			(Optional information)
You may additional relevant			choose to information, about:				include where		Soma Leo's primary source offunds is through donations from Pound Gates, and, donations and events organised by Pound Gates and its staff.
~	the charity's principal sources offunds (including								The Trustees wish to continue to broaden the base ofsupporters, which may include partnerships with schools and businesses.
	any	fundraising);
~	how	expenditure					has
	supported			the		key objectives
	ofthe		charity;
~	investment				policy		and
	objectives			including				any
	ethical investment							policy

O CHARITY COMMISSIPN FOR ENGLAND AND WALES	O CHARITY COMMISSIPN FOR ENGLAND AND WALES	O CHARITY COMMISSIPN FOR ENGLAND AND WALES		The	Soma Leo	Soma Leo	Foundation					1159964
					Receipts and			payments		accounts				CC&ea
				Forthe period from			01-Jan-20 To						31-Dec-20
		~ .	~	~
				Unrestricted funds			Restricted funds		Endowment funds			Totalfunds		Last year
				to	the nearest f		to the nearest	8	to the nearest		E	to the	nearest K	to the nearest 8
A1 Recei ts
Donations						9,453							9,453
Sub total	(G/Dss income for AR)					9,453							9,453
A2 Asset and	investment sales
(see table).
		Sub tofal
	Total receipts					9,453			-		-		9,453
A3 Payments
Events						714							714
Building maintenance snd repairs						2,795							2,795
School Running Costs						13,888							13,888
Bank Charges						149							149
		Sub total				17,545							17,545
A4 Asset and	investment
purchases, (see table)
		Sub total
	Total payments					17,545		-			-		17,545
Naf ofreceiptsf(payments)						8,093							8,093
A5 Transfers	between	funds
A6 Cash funds last year end						14,479							14,479
Cash funds this		year end				6,386							6,386

					~ ~		~ ~ ~
					Unrestricted	Restricted		Endowment
Categories			Details		funds		funds	funds
					to naareat 6		to naaraat 6	to nearest	F.
Bt Cash funds			Barclaya current account		6,386
				Total cash funds	6,386
			(agraa baiancaa	with receipts and payments
				account(a))				K
					Unrestricted	Restricted		Endowment
					funds		funds	funds
			Details		to nearest 6	to nearest 6		to nearest	6
B2Other monetary assets
			Details		Fund to which asset balan a	Coat (optional)		Current value o tional
B3Investment	assets
			Details		Fund to which aaaatbelon a	Cost (optional)		Current value o tionai
B4Assets retained for		the
charity's own	use
					Fund to which	Amount due		When dua
			Details		Iiabiiit relates		o tional	o tlonal
B5Liabilities
Signed by one or two trustees behalf of all the trustees		on	Signetu		Print	Name		Date of 6 royal
					Kevin	Collins		26/02/2021
					Natasha	Bedford		26/02/2021
CCXX R2 accounts (SS)								26/02/2021