2024-03-31-accounts - Mount Kenya Trust

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Trustees’ annual report (including Directors’ report) for the period

From: 1 APRIL 2023 To: 31 MARCH 2024

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 fifth 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. But our main fund-raising was a significant grant from the African Foundation for Endangered Wildlife for conservation work on Mount Kenya of £62,990. At the start of the next financial year we will be sending this 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	Thanks to the fund-raising efforts from AFW we retain a healthy operating balance of just over £88,000. Even after sending the funds to Kenya early in the next financial year, we will remain with just over £25,000 to over routine operating costs in case of a shortfall in core funding, which is a significant improvement on last year
Amount of reserves held	Para 1.22	£88,010.86 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	N/A

falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

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

----- Start of picture text -----
Signature(s)
Full name(s) PETER GIBBBON
Position (for example CHAIR
Secretary, Chair, etc)
Date 8th APRIL 2024
----- End of picture text -----

Mount Kenya Trust	Mount Kenya Trust	Mount Kenya Trust	Charity No (if any)	1175321
Annual accounts for the period
Period start date	01/04/2023	To	Period end date	31/03/2024

Section A Statement of financial activities

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
13,509	-	-	13,509	6,119
-	62,990	-	62,990	21,000
-	-	-	-	-
456	-		456	-
-	-	-	-	-
-	-	-	-	-
13,964	62,990	-	76,955	27,119

313	-	-	313	668
428	-	-	428	30,964
361	-	-	361	-
-	-	-	-	580
1,101	-	-	1,101	32,211

12,863	62,990	-	75,853	5,092 -
-	-	-	-	-
12,863	62,990	-	75,853	5,092 -
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
12,863	62,990	-	75,853	5,092 -

12,158	-	-	12,158	17,250
25,021	62,990	- 88,011		12,158

Section 8 Balance sheet IPlol• 14) (Not• 14 (1101• 14 (Nol• 17 C••h •1 d In lbd V4(• 24) 12.158 11150 •11 Fufth of th• Charlty IZ158 KLESN PATeL

Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees MOUNT KENYA TRUST On accounts for the year ended 31 MARCH 2024 Charity no {if any) 1175321 Set out on pages I report to the trustees on my examination of the accounts of the above charity {'the Trust.) for the year ended 31103 12024. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act"}. I report in respect of my examination of the Trust's accounts canied out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)Ib) of the Act. Independent I have completed my examination. l Gonfirm that no material matters have examiner's statement come to 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 accounts did not accord with the accounting records- or the accounls did not comply with the applicable requirements Concerning the forrn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement thal the accounts give a Irue and fair, view which is not a matter considered as part of an independent examination. I have no concems 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 rf they do not apply. Slgnèd: Date: 3010112025 Name: MILANKUMAR PATEL Relevant professional quaiification{s> or body {if any): Institute of Chartered Accountants of England & Wales ING & KING Address: King & King Chartered Accountant5 Sth FLOOR. WATSON HO Watson House, 54-60 Baker Street, London i 1U 78U FACSIMIWdPgm3 4120 IER

Section B Disclosure Only Gomplete If the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to dlsclose. Nothing to report IER Oct 2018