2024-04-05-accounts

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Trustees' Annual Report for the period
From Period start date To Period end date
06 APRIL 2023 05 APRIL 2024
Section A Reference and administration details
Charity name K.U.K Alliance
Other names charity is known by Not Applicable
Registered charity number (if any) 1177844
Charity's principal address [82 Tanner Street]
London
Postcode SE1 3GN
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Names of the charity trustees who manage the charity

Name of person (or Dates acted if not for Trustee name Office (if any) body) entitled to whole year appoint trustee (if any) 1 Rufaro Chiriseri Treasurer Board of Trustees 2 Ntokozo Nyasha Gazi Project Manager Board of Trustees 3 Sheona Shanu Fundraising Manager Board of Trustees 4 Nothando Zandile Gazi Chairperson Board of Trustees 5 Andrea Williams Grants & Partnerships Manager Board of Trustees

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year none

Names and addresses of advisers (Optional information)

Type of adviser Name Address None

Name of chief executive or names of senior staff members (Optional information)

None

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Section B

Structure, governance and management

Description of the charity’s trusts

Constitution - Foundation Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation (CIO) How the charity is constituted (eg. trust, association, company) Appointed by Board of Trustees Trustee selection methods (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

• Any new trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. They will be briefed by other trustees on key activities of K.U.K Alliance and are also required to read the range of guidance produced by Charity Commission and NCVO.

• o K.U.K Alliance is governed by the Board of Trustees and its day-to-day management is run by the board. The Trustees may appoint volunteers that assist with some day-to-day tasks under the supervision of Board of Trustees

• K.U.K Alliance is not part of a wider network.

• K.U.K Alliance works in collaborations with other organisations in Zimbabwe to deliver on its charitable activities.

• o K.U.K Alliance manages risks with the appropriate policies and procedures with guidance from NCVO and Keeping Children Safe (Safeguarding only). K.U.K Alliance is exposed to a number of risks and the trustees are focused on mitigating these risks where possible.

• o The principal risks identified are: (a) Economic and political disruptions in Zimbabwe that affect our ability to perform our charitable activities.

• (b) Risks to changes in Zimbabwean currency as well as increased costs due to movements in the exchange rates

• o The funds raised are predominantly for our Sponsor A Child project which launched in January 2019. Incoming funds have been largely from direct donations via one-off donations or regular donations via GAYE and direct debits. The majority of funds were spent on our charitable activities supporting beneficiaries in Zimbabwe. The funds raised have also been utilised to support running costs, governance and fundraising activities/events.

Section C Objectives and activities	Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
	K.U.K Alliance is established to further the following charitable purposes for the public benefit in Africa, according to the law of England and Wales with a special focus on Zimbabwe: - o To advance education; o To relieve sickness, preserve and protect good health; o To relievepoverty;

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Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

o The relief of financial need and suffering among victims of natural or other kinds of disaster in the form of money (or other means deemed suitable) for persons, bodies, organisations and/or countries affected. o To help young people; especially but not exclusively through leisure time activities, so as to develop their capabilities so that they may grow to full maturity as individuals and as members of society.

K.U.K Alliance collaborates with NdaiZiva Capacity Development to identify and support orphaned children by providing school fees, supplies, and uniforms. This initiative is funded through our Sponsor a Child Program, which enables sponsors to make regular donations to sustain the programme. K.U.K Alliance is also committed to supporting young girls and women in addressing menstrual health challenges. We focus on raising awareness and exploring sustainable alternatives. Our project conducts research to identify the most suitable and sustainable sanitary products available. The goal is to provide these products while educating girls and women on their proper use. Due to various challenges, K.U.K Alliance has suspended its mentoring programme for young adults in Harare, which was run in collaboration with the Tariro Youth Project. The programme faced difficulties related to power outages, poor internet connectivity, and logistical issues with staff coordination. As the programme relies entirely on virtual communication and volunteers, the board decided to put it on hold until adequate resources become available in the future. We confirm that the Trustees continue to adhere to the guidance issued by the Charity Commission and that all activities are carried out for public benefit.

Additional details of objectives and activities (Optional information)

• You may choose to include further o K.U.K Alliance has not issued any grants to date statements, where relevant, about: o K.U.K Alliance has not made any investments to date

• o policy on grantmaking; o policy programme related o K.U.K Alliance does not employ any permanent staff and is reliant on voluntary investment; resources. Currently, K.U.K Alliance does not have any non-executive volunteers. K.U.K Alliance receives support from volunteers on an ad-hoc basis.

• o contribution made by volunteers.

Section D Achievements andperformance

Section D Achievements andperformance

Summary of the main achievements of the charity during the year

K.U.K Alliance provided school fees for 64 children during the year and University students. The children attend schools in Norton Zimbabwe: o Primary Schools (St Eric, Norton, Chiedza and Norton 2) o High Schools (St Eric High, Vimbai High) o University (Women’s University Zimbabwe; University of Zimbabwe, Université des Sciences et de la Technologie Houari Boumediene Algeria) In March, K.U.K Alliance purchased school shoes and branded backpacks for all students in the programme, with delivery scheduled by the Trustees in May The lives of the children have been positively impacted by the access to essential education which we hope will help alleviate the poverty cycle.

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Section D

Achievements and performance

The fundraising activities/events in the 2023 to 2024 financial year included:

o Quiz o 5k and 10k in Sutton Coldfield o Half Marathons

In the current financial year (2023 to 2024), income increased by 49% in comparison to the previous year.

Section E Financial review K.U.K Alliance aims to retain reserves equal to 12 months expenditure on Brief statement of the charity’s policy administration costs which is equivalent to circa £600. on reserves Details of any funds materially in None deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

• K.U.K Alliance has the following funding types: o Individuals fundraising on our behalf e.g. marathons o Individual donations o Funding from organisations o Funds raised from events The majority of our funds were raised through donations, with the remainder generated from other trading activities. Income increased significantly by 49% year-onyear, building on the growth from the previous year. Expenditure also rose by 49% yearon-year, with most of the funds allocated to projects.

Like many major economies, Zimbabwe was severely affected by global inflation challenges between 2021 and 2023. Although inflation eased from 2022 to 2023, the Zimbabwean dollar (ZWL) experienced significant depreciation against the US dollar (USD). At the beginning of May 2023, the official exchange rate stood at approximately ZWL 1,070.42 per USD. By mid-June, this had declined to around ZWL 6,351.50 per USD, a significant depreciation over this period. As a result, schools increased fees substantially—by approximately 100-175%—to mitigate the impact of currency depreciation. We expect this trend to continue in the coming year and anticipate an increase in expenditure for this project. We are implementing appropriate measures to ensure the programme remains sustainable.

Our income growth outpaced expenditure growth, primarily due to increased corporate sponsorships and enhanced fundraising activities, which accounted for 18% of total revenue. Additionally, we received significant donations from new individual donors. The organisation strengthened donor engagement and secured more regular donors. The organisation periodically engaged with a virtual assistant to support the board with projects and administrative work.

These efforts directly contribute to our mission of advancing education, health, and empowerment in Zimbabwe. Expenditure in the U.K., related to governance, administration, and other operational costs, remained stable throughout the year. We anticipate a reduction in these costs in the coming year due to potential discounts.

K.U.K Alliance has cash held in term deposit accounts.

K.U.K Alliance does not have any investments. K.U.K Alliance does not have any loans. 4

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With guidance from the Charities Commission, K.U.K Alliance is now adopting and preparing the accounts using the Receipts and Payments accounts instead of using Accruals accounts since the 2019-2020 year. The organisation’s income remains below the threshold for accruals accounts reporting.

Section F Other optional information

none

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Rufaro Chiriseri	Sheona Shanu	Andrea Williams
	Treasurer	Chair	Grants & Partnerships Manager
	04/02/2025
	04/02/2025

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K.U.K Alliance

1177844

Receipts and payments accounts

CC16a

For the period from	06/04/2023 Period start date	To	05/04/2024 Period end date

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £	Unrestricted funds to the nearest £	Restricted funds to the nearest £	Restricted funds to the nearest £	Endowment funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Voluntaryreceipts	5,762		11,336		-		17,098		11,646
Other tradingactivities	506		-		-		506		205
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
Sub total(Gross income for AR)	6,268		11,336		-		17,604		11,851
A2 Asset and investment sales, (see table).
	-
	-								-
Sub total	-								-
Total receipts A3 Payments
									11,851
Costs ofgeneratingvoluntaryreceipts	1,575		-		-		1,575		160
Costs of charitable activities	-		15,841		-		15,841		11,840
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
	-		-		-		-		-
**Sub total **	1,575		15,841		-		17,416		12,000
A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-								-
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
									12,000
	4,693								- 149
									-
	4,042								13,346
	8,735								13,197

Section B Statement of assets and liabilities at the end of the period

CCXX R1 accounts (SS) Categories B1 Cash funds	1 Funds in bank account Details	Unrestricted funds to nearest £ 8,735 - -	Restricted funds to nearest £ 4,650 - -	Endowment funds to nearest £
	Funds in bank account	8,735	4,650	-
		-	-	-
	1	-	-	04/02/2025 -

Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details	8,735
		Rufaro Chiriseri
		Sheona Shanu

CCXX R2 accounts (SS)

04/02/2025

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