Trustees’ annual report (including Directors’ report) for the period
From: 1 APRIL 2022 To: 31 MARCH 2023 Charity name: MOUNT KENYA TRUST
Charity registration number: 1175321
Company number:
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | (1) To promote for the benefit of the public the preservation, conservation and protection of the environment of Mount Kenya's biodiversity and natural resources. (2) to advance the education of the public in subjects relating to the preservation, conservation and protection of Mount Kenya's biodiversity and natural resources. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Primarily fund-raising in the UK in support of project-based work in Kenya |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes. |
Achievements and performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | This was our fourth full year of operations. We continued to raise funds via individual supporters, including regular donors, one-off givers and competitors in the ‘10to4’ mountain bike race on Mount Kenya. We also received two instalments of a grant from the African Foundation for Endangered Wildlife for conservation work on Mount Kenya. We were able to send £30,000 to the Mt Kenya Trust in Kenya for their ongoing projects in support of our charitable objectives. |
|---|---|---|
Financial review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Income exceeded expenditures this year. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | We retain a healthy operating balance of just over £12,000 to cover routine operating costs in case of a shortfall in core funding. |
| Amount of reserves held | Para 1.22 | £12,157.64 at the of the financial year. |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Structure, governance and management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | Trust Deed dated 20thOctober 2017. |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The Trustees were selected according to personal links to Kenya, interests specific to the Mt Kenya region, potential contacts with sources of funds and skillsets that are complementary, with a 2-year appointment with option for re-election. |
Reference and administrative details
| Charity name | Mount Kenya Trust |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1175321 |
| Charity’s principal address | Barn Cottage, Moorland Street, Axbridge, BS26 2BA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Peter Gibbon | Chair | |||
| Hugh Sloane | Trustee | |||
| Kailesh Patel | Trustee/Treasurer | |||
| Sara Spendrup | Trustee | |||
– Corporate trustees names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|---|---|
| N/A | |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
None |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
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Signature(s)
Full name(s) PETER GIBBBON
Position (for example CHAIR
Secretary, Chair, etc)
Date 29th JANUARY 2024
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Mount Kenya Trust Charity No
(if any) 1175321
Annual accounts for the period
Period end
Period start date 01/04/2022 To date 31/03/2023
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Section A Statement of financial activities
| Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 Reconciliation of funds: S21 S22 Total Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 6,119 - - 6,119 4,054 - 21,000 - 21,000 358 - - - - - - - - - - - - - - - - - - - |
|---|---|
| 6,119 21,000 - 27,119 4,412 |
|
| 668 - - 668 3,620 964 30,000 - 30,964 - - - - - - 580 - - 580 - |
|
| 2,211 30,000 - 32,211 3,620 |
|
| 3,908 9,000 - - 5,092 - 792 |
|
| - - - - - |
|
| 3,908 9,000 - - 5,092 - 792 |
|
| - - - - - - - - - - - - - - - - - - - - |
|
| 3,908 9,000 - - 5,092 - 792 |
|
| 8,250 9,000 - 17,250 16,458 |
|
| 12,158 - - 12,158 17,250 |
Section B
Balance sheet
Fix•d assets
IntaThglbl• •u•t•
T•nglble •••ts
H•rtt•ge u••t•
Inv••lffl•nt•
FOI
F02
F03
FOI
F05
IN• 151
INot• 14
INot• 161
Current auets
Sto¢k•
O•blorn
Inv••tm•nts
1Not• 17A)
Cmh •t b•nk •nd In h•Trd (Nots 24)
Totsl ¢urr•nt •M•l• Bio
(Not• 11)
17 250
17.250
Crndltorn: l•lllng du• wlthln
on• ymr
(Not• 201
111
17.250
17.250
Cr•dltorn: amounts f•lllnq du• •ft•r
on• ymr
INol• 201
Pffp¥lslon• for Mabllttl
12 158
12.158
17.250
Funds of the Charity
End
Independent examiner's report on the accounts Section A Independent Exarniner's Report Report to the trustees MOUNT KENYA TRUST On accounts for the year ended 31 MARCH 2023 Charity no {if any) 1175321 Set out on pages Pages 1 10 3 I report lo the Iruslees on my examination of the accounts of the above charity 1.the Trust") for the year ended 31103 12023. As the charily's trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( the Act.). Responsibilities and basi5 of report I report in respect of my examination of Ihe Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I hava followed all the applicable DiFetliDns given by the Charity Commission under section 14515llbl of the Acl. Independent I have completed my examination. I confirm that no material matters have examiner's ststement come tD my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the account5 did not accord with the accounting records, or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account5 give a 'true and fair view which is nol a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed- Date: Name: MILANKUMAR PATEL Relevant professional qualification(sl or body {if any): ICAEW CW.AR TE4ED ACvOL,NT ANTS & CW ARTERED TAX ADI'I). 5th [.00. WATSON HOUSE 54-6(1 8AXER STREET ,'i 4r)ON W1U 7BU Address: King & King Chartered Accountants 54-60 Baker Street, London W1 U 7BU IER Oct 2018
Section B Disclosure Only complete if the examiner needs lo highlight malerial matters of Goncern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. Nothing to report IER Oct 2018