| Objecti | ves and | Activ | iti | es | ||
|---|---|---|---|---|---|---|
| SORp | ||||||
| reference | ||||||
| Summary | ofthe purposes | of | The Soma Leo objects CIO are: | |||
| the charity as set out | in its | 1. The advancement ofeducation for the |
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| governing | document | public benefit of children and adults living |
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| in East Africa, in particular by the |
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| establishment and support ofschools. |
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| 2. Such other purposes as are exclusively | ||||||
| charitable in accordance with the laws of |
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| England and Wales as the trustees may |
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| from time to time determine. | ||||||
| Summary activities |
ofthe main in relation to those |
Para 1.17 and 1.19 |
Continued funding ofthe running costs ofSoma Leo Nyiera Academy in Kenya, which we |
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| purposes | for the public | established in 2015. |
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| benefit, | in particular, | the | ||||
| activities, | projects or | The school provides education, support and |
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| services | identified in |
the | nourishment for significantly disadvantaged |
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| accounts. | young children in its community. The school is |
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| registered as a primary school regulated by the |
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| Kenyan Ministry of Education. |
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| During 2022 the school had approximately 200 |
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| pupils. The school is non-denominational, with |
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| the poorest children from the local community |
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| attending. | ||||||
| Through a Trustee visit in February 2020, and |
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| through regular communication with key |
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| stakeholders in Kenya, the Trustees are satisfied |
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| that our objectives and activities are in line with | ||||||
| Soma Leo's stated purpose and in accordance |
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| with the public benefit requirements ofthe Charity |
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| Commission. | ||||||
| Clean water and nourishment are a key |
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| component for the public benefit provided, |
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| helping the children to be healthy and have the |
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| energy to learn. The school and our resources | ||||||
| provided a safe and caring environment for the |
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| education and care for our u ils. |
| Additional information |
(optional) | (optional) | ||||
|---|---|---|---|---|---|---|
| You ma choose to include |
further statements where relevant |
about | ||||
| Achievements against objectives set |
Para 1.41 | Increased costs at school covered Greater transparency with activity and priorities |
in | |||
| Kenya established | ||||||
| Infrastructure improvements to school made |
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| Adjustments made to deliver competency based |
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| curriculum | ||||||
| Performance offundraising activities against objectives |
Para 1.41 | Primary fund-raising the annual Golf Day |
events during the year and the first Quiz night |
were in |
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| set | three years. | |||||
| There are no current | participator arrangements |
in | ||||
| lace | ||||||
| Investment performance a ainst ob'ectives |
Para 1.41 | N/A | ||||
| Other |
| inanc | ial Review |
ial Review |
ial Review |
ial Review |
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|---|---|---|---|---|---|---|---|---|---|
| Review financial |
ofthe charity's position at the end |
Para 1.21 | Income generated in 2022f13,047. Expenditure in the period 218,484. |
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| ofthe | eriod | ||||||||
| Statement explaining |
the | Para 1.22 | The Trustees recognise that | funds received | |||||
| policy for holding | reserves | (income) will vary greatly on | a month | by month | |||||
| stating | why they | are | held | (and yearly) basis as such a | significant | proportion | |||
| is generated from one-off events. As such Soma |
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| Leo will continue to build and | hold short term | ||||||||
| reserves to cover known or anticipated | future | ||||||||
| expenditure, which may include one-off costs for |
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| building development work. We have |
no policy on | ||||||||
| building and holding reserves |
beyond | this | |||||||
| approach to establish reserves in order to afford |
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| desirable future expenditure |
that adds | to the | |||||||
| public benefit. | |||||||||
| Amount | ofreserves | held | Para 1.22 | Just in excess off8,700 | |||||
| Reasons for holding | zero | Para 1.22 | N/A | ||||||
| reserves | |||||||||
| Details deficit |
offund materially | in | Para 1.24 | N/A | |||||
| Explanation ofany uncertainties about the |
Para 1.23 | N/A | |||||||
| charity | continuing | as a going | |||||||
| concern |
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| You ma | choose to include | choose to include | further statements where relevant about |
further statements where relevant about |
||
|---|---|---|---|---|---|---|
| Policies adopted |
and procedures for the induction |
Para 1.51 | Any new Trustees receive induction on Trustee responsibilities, the Constitution |
their | CC | |
| and training | oftrustees | document, current financials and a briefing on |
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| issues around current riorities. |
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| The charity's organisational structure and any wider |
Para 1.51 | Companies owned by Kevin Collins (Pound Gates Group Ltd and associated companies— |
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| network | with | which the | here known as Pound Gates) continue | to support | ||
| charity works | Soma Leo by providing various resources without |
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| charge to help with Soma Leo's administration | ||||||
| and fundraising. | ||||||
| The companies also cover some costs |
that would | |||||
| otherwise be incurred by Soma Leo eg |
insurance | |||||
| and some costs associated with hosting |
fund | |||||
| raising events. | ||||||
| The Trustees are employees of Pound |
Gates | and | ||||
| receive no remuneration or other benefits from |
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| Soma Leo. There is no conflict between | their | role | ||||
| as Trustees ofSoma Leo and as employees | of | |||||
| Pound Gates. | ||||||
| Relationship with any related arties |
Para 1.51 | See above | ||||
| Other |
| Reference and | Administrative details |
Administrative details |
|---|---|---|
| Charit name |
The Soma Leo Foundation | |
| Other name the charit uses |
Soma Leo | |
| Re istered charit | number | 1159964 |
| Charity's principal |
address | Hyde Park House |
| Crown Street | ||
| Ipswich | ||
| IP1 3LG |
| ofthe charity trus | tees who manage | the charity | |||
|---|---|---|---|---|---|
| Trustee name | Office (ifany) | Dates acted ifnot for whole ear |
Name to a |
ofperson (or body) entitled oint trustee ifan |
|
| Kevin Collins | Chair | ||||
| David Collins | To April 2022 | ||||
| Del Sharman | |||||
| Josh Yasar | |||||
| Natasha Bedford |
| X I bl |
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|---|---|---|---|---|---|---|---|---|---|---|---|
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| ~ ~ | ~ | ~ ~ |
~ | ~ |