|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||