## ## |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| |governing||document||||public benefit of children
and adults
living| |||||||in East Africa,
in particular
by the| |||||||establishment
and support ofschools.| |||||||2. Such other purposes as are exclusively| |||||||charitable
in accordance
with the laws of| |||||||England
and Wales as the trustees
may| |||||||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| |purposes||for the public||||established
in 2015.| |benefit,|in particular,||the|||| |activities,||projects or||||The school provides education,
support
and| |services||identified
in|the|||nourishment
for significantly
disadvantaged| |accounts.||||||young
children
in its community.
The school is| |||||||registered as a primary
school regulated
by the| |||||||Kenyan
Ministry of Education.| |||||||During 2022 the school had approximately
200| |||||||pupils. The school is non-denominational,
with| |||||||the poorest children
from the local community| |||||||attending.| |||||||Through a Trustee
visit in February 2020, and| |||||||through
regular communication
with key| |||||||stakeholders
in Kenya, the Trustees are satisfied| |||||||that our objectives and activities are in line with| |||||||Soma Leo's stated purpose
and
in accordance| |||||||with the public benefit requirements
ofthe Charity| |||||||Commission.| |||||||Clean water and nourishment
are a key| |||||||component
for the public benefit provided,| |||||||helping the children
to be healthy
and have the| |||||||energy to learn. The school and our resources| |||||||provided
a safe and caring environment
for the| |||||||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|||| ||||Adjustments
made to deliver competency
based|||| ||||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|| |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|||||| |---|---|---|---|---|---|---|---|---|---| |Review
financial|ofthe charity's
position at the end||||Para 1.21|Income generated
in 2022f13,047.
Expenditure
in the period 218,484.|||| |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|||| |||||||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.|||| |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
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feuoplpptl/| ## |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||| |||||issues around
current
riorities.||| |The charity's
organisational
structure
and any wider|||Para 1.51|Companies
owned
by Kevin Collins (Pound
Gates Group Ltd and associated companies—||| |network|with|which the||here known as Pound Gates) continue|to support|| |charity works||||Soma Leo by providing
various resources
without||| |||||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||| |||||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
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