## **Friends of Marsabit** ## **Annual Report of the Trustees and Statement of Financial Activities** ## **for the Year Ended 31 December 2024** UK Patron: Rt Revd Stephen Cottrell, Archbishop of York ## **Administrative Information** Friends of Marsabit is a Charitable Trust, registered with the Charity Commission on 10th October 2016. The charity number is 1169552. It is also regarded as a charity by HMRC for gift aid purposes. ## **The correspondence address is:** 55 Copthall Road East, Ickenham, UB10 8SE ## **Trustees who have served between 1 January 2024 – 31 December 2024 are:** Revd Lee Batson Mr Phil Gray _Treasurer_ Rt Revd Rob Martin _Chair_ Mrs Sue Martin Ven. Ruth Patten Mrs Elisabeth Wadland _Secretary_ Ven. Alex Cendi ## **Structure, governance and management** Trustees are appointed according to the terms of the constitution. Trustees meet at least twice a year. ## **Objectives and activities** The objects of the charity (‘the objects’) are: 1. To advance the Christian religion in the Anglican Diocese of Marsabit in Kenya or such areas of Kenya that shall include the area now comprised in the said Diocese by such means as the Trustees may determine, through the provision of grants or other assets. 2. To support local communities within the said Diocese or areas covered by the present Diocesan boundaries to facilitate their survival, education, health, social and spiritual welfare or economic wellbeing. 3. To promote a wider understanding of the problems facing the peoples of Northern Kenya in relation to environmental degradation, climate change, interethnic tensions, traditional practices etc. The Friends of Marsabit seeks to meet these objects by encouraging individuals and organisations to make financial contributions for the general work of the Diocese of Marsabit, or to respond to individual appeals as they are made. We write regular newsletters to over 400 supporters, visit local UK churches, travel to Kenya, and seek to bring someone from Kenya to UK whenever possible ## **Review of the year** 2024 was the eleventh full year for the Friends of Marsabit (hereafter the Friends), and the trustees met four times in the year, still on zoom, to enable our Kenyan trustee to attend. The database, enabling better communication with those who support the Trust’s work, is deemed to be consistent with the requirements of Data Protection Regulations. During 2024, the Chair of Trustees visited Marsabit and was able to see the latest situation. He visited churches and schools, including two schools for which we have provided grants for classrooms and a laboratory. He took part in the consecration of a new church and visited two churches that had recently been started. He saw the Diocesan plot where they are building rental housing to provide income and help with self-sufficiency. He met with the ladies who make beaded goods, which are taken for sale in the UK to provide them with income for goats and school fees. He also discussed the Diocesan accounts with the accountant to check on the receipt of our grants Trustee funds raised in 2024 were used to fund several development projects designed to improve the livelihoods of the peoples of Marsabit, and enable the Diocese to become more self-sufficient. Trustees approved the transfer of funds, mainly to support the general running of the Diocese. However, we made other development grants, including grants towards the purchase of another motorcycle, major renovations of the Bishop’s house, the training of clergy and young people, school fees and the support of the new secondary schools. Our three newsletters have kept Friends informed of activities in Marsabit and aware of the challenges faced by the people in the area. We have also circulated the newsletters produced by the Diocese, the Voice of Hope, to our Friends ## **Financial review** £48, 228 was received during 2024 (2023: £51640). We gave grants totalling £50962 (2023: £54165). The Trust entered 2024 with funds carried forward of £5341 (2023 £7285). ## **Reserves policy** There is no need for the Trustees to keep any money in reserve as there are no ongoing financial commitments for the charity. Friends of Marsabit End of Year Financial Statements Year ending 31" December 2024 Page I 1. Introduction Insert Chairnian's report + Independent Examiner's report ststement of Financial Activities Unrestricted funds Restricted Elldowment llds funds Totsl funds Prior year total funds Incoming rnsour¢e$ Incoming iesources from gener*d funds Voluntsry incL)me ActThirfties fr)r generating fjjnds Investment in(x)me Total incom8 41,875 6.161 48,036 51,640 41075 6.161 48.036 51.640 Resources used Cost of generating fjjnds Cost of generating voluntary income Charitsble activitses ,tal expendityrg 2,205 530 54.165 56.902 235 42.648 42,884 235 51,134 51.370 Gains 1105ses on investment assets Net incomè I lexpenditurel rgsourres before transfer 11.0091 12,323) {3.3331 15.2611 TransferB Gross Ir8nsfers bets￿een funds- in Gross tr8nsfers behveen funds- out Othèr o¢ognised gains I losses Gains on revaluation, fixed assets, (*arty's m use Net movement in funds 978 19141 914 19781 1,892 11,8921 {3081 {94SI {2.388) 13,333) 15,2611 Total fund$ broughtforward 3,865 3,420 7,285 12.547 Totsl funds carrf•d forward 2.920 1.032 3,962 7.285 Rèprosented by Unrestrtetrd General fund 2.920 2.920 3,865 Jsignatsd One Off Designated GTfts Restricted Chelmsford Development Projects Epping Evangelist Girf's School Medical Costs MolorBikes New Churches Relief and Humanitarian Provision Salaries Diocesan School Fees Training and Education 125 125 50 125 532 532 1,825 825 Page 2 Balance sheet Total fvnds Prior ear httds CuTrent8886ts Oebto C8sh at bank and in hand 1.943 5.342 7,285 2.607 3.952 Not currgrt ￿ets less current IlabllM88 3.952 7,285 Total a55ets1055 current liabilltles 3.952 7,285 Total notass8ts less liabllW88 3,962 7.285 Repre%nted by Unrestri¢t¢d Gener81 fund 2,920 3.865 Designatsd One Off Da5ignatsd Gffts stricted h&lmsford School Fees SaLgriÈ8 Dtocesan Training and Fdutxtion Development Projects Epping Evangellst Girl's School Medical Costs motO￿lke$ New Churches Relief and Humanitarian Prevlsion 1,825 825 62 125 50 125 50 532 532 Furtds tsfthe tharity 7.285 Page 3 Fund movement by type TrgDsftrs Caitssllosses Journals Closin Chelmsford- Ch¢lmsford Restricted s￿￿tOtal for Chalmsford DevelopTDnt- Development Projects Restrided 62 62 200 200 200 200 Sub4otal for Developmnt 1621 Epplng- Épplng Re5tri£knd sU￿t￿trI for Epping Ev8ngeli%t- Evangeltst R6Strieted Sub40tal for Evartgdi5t Girls. Girf'$ Sthool Restrided 125 125 125 125 su￿101a1 forGirf$ Al8dical- M8dlcal Costs Restrictsd 50 50 50 50 SutAotal for M8dlcal Motorblke8- MotorBlkes R88lrictsd 1,0 1,030 1,030 1.03Q Svb40ts1 lor M¢)torbik¢s NerfhuTch- Nvw Churches Re5tricled Su1￿10t￿l for Northurch Oneoff - One Off D85ignatsd G t)e5VJnated 11.625 11.62S 11.625 11,625 Sub-total for Oneoff Relief - Rellof and Humanltsr Restrira￿l 532 532 532 532 s￿￿tOtal for Relief SCHFEES- S¢hool Fees Restnded 1,825 1.825 1.778 1.778 3.563 3.S63 40 40 Sub-total forSCHFEES Salarfes- Salari¢$ Diocesan Re8tricl8d 3,152 3,152 2.867 2,867 S￿￿t0￿1 forSalari85 284 Tralnlng- Training and EduGatl Resth¢x 825 825 825 825 sub.total for Training GerteréS_ Gen¢rdl fund un￿striCted 3,865 3.865 30,250 30,250 31.259 31.259 2.920 2.920 SulAotsl for General Grand totsl 7.285 48.036 51,370 Page 4 Analysis of income and expenditure Total UDrestrtcted Des. nated RLstrieted Endowment This Last ear INCOME AND ENDOWMENTS Incoming resources from generdted funds 1007- Cards Sales Total Incorning resources from generated funds - Voluntary income 1001 Donations 26,098 11,625 002- Grants 1003- Legactes 1005-GfftAid 6,161 43.884 46,213 4,151 30.250 4.151 48,036 5,426 51.640 Total 11,625 8.161 In¢oming resources from generated funds - Activltle8 for generatlng funds 1006- Bead Sales Totsl Incoming resources from generated fund8 - Investment income 1004- Interest Received Total INCOME TOTAL 30,250 11,625 6,161 48,036 51,840 Page 5 EXPENDITURE Cost of generatlng funds 2007- Beads Sales 2008- Visits from Marsabit 2,205 2,205 Total Cost of generating funds- Cost of generating voluntary income 20D3- Administration ExFEnses 235 2004- Trustee Expen 235 230 3(N) 530 Total 235 235 Charitable activities 2001- cOnt￿bUtion to Diocesan Gtrneral Acttjunt .?002- Contribution lo Di(wan Jevelopmenl Acc 2005- Bank Chargès 2008- Contftbution to Bishop Rob for School Fe 30.852 11.625 42.025 12,OlJO 171 171 Total EXPENDITURE TOTAL 31,023 31,259 11.825 11,625 8,485 8,485 51,134 51.370 54,165 56,902 GRAND TOTAL 2,323 3,333 5.261 This report dated: 12 March 2025 Page 6 Independent examiners. report to the Trustees of Friends of Marsabit report on the accounts for the year ended 31 December 2024. Respective responsibilities of trustees and examiner The trustees, are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility to= examine the accounts (under sedion 145 ofthe 2011 Act)., to follow the procedures laid down in the General Directions given by the Chartty Commissioners (under section 145(5)(bl of the 2011 Act); and to state whether particular matters have come to my attention. Basis of indep8ndent examiners, report My examination was carried out in aGcordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The prO￿dureS undertaken do not provide all the evidence that would be required in an audit and, consequently. I do not express an audit opinion on the view given by the accounts. Indepand8nt 8xaminers'statement In cA)nnection wtth my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that, in any material respect. the requirements.. to keep accounting records In accordance with s130 of thè 2011 Act; and to prepare accounts which accord wrth the accounting records and to comply wth the accounting requirements of the 2011 Act have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. (2) Nlgel Harrls BA (Hons) CTA Arr Accountant & Chartered Tax Adviser Burton Sweet Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE 11 May 2025 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility to: examine the accounts (under section 145 of the 2011 Act). to follow the prO￿dureS laid down in the General Directions given by the Charlty Commissioners (under section 145(5)(b) of the 2011 Act): and to state whether particular matters hav8 come to my attentlon. Ba&s of independent examiners, report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includas a r8view of the accounting records kept by Ihe charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual it8ms or disclosures in the accounts. and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provlde all the evidence that would be required in an audit and, ¢onsequ&ntly, I do not express an audit opinion on the view given by th6 accounts. Independent examlners'statem8nt In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that. in any material respect. the requirements: to keep accnunting records In accordance wlth s130 of the 2011 Act. and to prepare a¢counts which accord with the accounting records and to comply with the accountlng requirements of the 2011 Act have not been met. or to which. in my opinion, attantion should be drawn in order to enable a proper understanding of the accounts to be reached. (2) Nlgel Harrls BA (Hons) CTAA Accountant & Chartered Tax Adviser Burton Sweet Coop8r House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE 11 May 2025