2025-04-05-accounts - K.u.k Alliance

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

From Period start date To Period end date 06 APRIL 2024 05 APRIL 2025

Section A Reference and administration details

Charity name K.U.K Alliance Not Applicable

Other names charity is known by

Registered charity number (if any) 1177844

Charity's principal address

82 Tanner Street

London Postcode SE1 3GN

Names of the charity trustees who manage the charity

Dates acted if not for whole year

Trustee name Office (if any)

1 Rufaro Chiriseri Co-Treasurer 2 Ntokozo Nyasha Gazi Fundraising Manager 3 Sheona Shanu Chairperson 4 Nothando Zandile Gazi Co-Treasurer 14-Oct-2024 5 Andrea Williams Grants & Partnerships Manager

Name of person (or body) entitled to appoint trustee (if any) Board of Trustees Board of Trustees Board of Trustees Board of Trustees 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

Section B Structure, governance and management

TAR

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)

Trustee selection methods

Appointed by Board of Trustees

(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
o K.U.K Alliance is not part of a wider network. o 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.
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

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: -

Summary of the objects of the charity set out in its governing document

To advance education;
o To relieve sickness, preserve and protect good health; o To relieve poverty; 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.

TAR

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 has worked in collaboration with NdaiZiva Capacity Development and Abdullah Dzinamarira Foundation to identify and support orphaned children with school fees, school supplies and school uniforms. The funds for this initiative are raised via our Sponsor a Child Program which involves sponsors making regular donations to contribute towards the program.

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)

K.U.K Alliance has taken on the initiative to support young girls and women with the challenges they face during menstruation by raising awareness and searching for sustainable alternatives. The project has focused on conducting research to identify the preferred and the sustainable sanitary wear available to girls and women. The aim is to provide sanitary wear, then educate the girls and women on how to use them.

We confirm that the Trustees continue to follow the guidance issued by the Charity Commission and that all activities are undertaken for public benefit.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.
K.U.K Alliance has not issued any grants to date
K.U.K Alliance has not made any investments to date
K.U.K Alliance does not employ any permanent staff and is reliant on voluntary 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.

TAR

Section D Achievements and performance

Summary of the main achievements

of the charity during the year

K.U.K Alliance provided school fees for 46 primary and secondary school children based in Norton during the year, as well as supporting 3 University students.

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, University of Science and Technology Algiers, Algeria)

The lives of the children have been positively impacted by the access to essential education which we hope will help alleviate the poverty cycle. In addition to covering school fees, in this financial year, K.U.K Alliance also completed the following:

● Purchased a pair of school shoes for all primary and secondary school children ● Purchased and delivered 100 Female Health Packs to Muzarabani schools ● Alongside the local community, contributed towards a Christmas party for underprivileged children based in Norton

The fundraising activities/events in the 2024 to 2025 financial year included:

a. Wolfrun 6km Obstacle Course

b. Mudgirl Obstacle Race

In the current financial year, income modestly decreased by 5% year-on-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)

K.U.K Alliance has the following funding types: You may choose to include additional o Individuals fundraising on our behalf e.g. marathons information, where relevant about: o Individual donations o the charity’s principal sources of o Funding from organisations funds (including any fundraising); o Funds raised from events o how expenditure has supported the key objectives of the charity; Majority of our funds were raised from donations and the remainder from Other o investment policy and objectives Trading Activities. Income increased significantly by 49% on a year-on-year basis, a including any ethical investment further increase from the prior year. Expenditure increased by 49% on a year-on-year policy adopted. basis with most of the expenditure being allocated to projects.

As with most major economies, the global inflation challenges affected the Zimbabwean economy quite severely. While inflation was lower from 2022 to 2023, the Zimbabwean dollar (ZWL) experienced significant depreciation against the US dollar (USD). As a result schools increased fees to shield against the currency depreciation. We expect this trend to continue in the coming year and we project an increase in expenditure for this project and we are taking appropriate measures to ensure the programme can continue to be supported.

These activities are directly contributing to our aims to advance education, health and empowerment in Zimbabwe. The expenditure in the U.K. related to governance, administration and other running costs remained stable throughout the year and we anticipate a reduction in the following year due to potential discounts.

TAR

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.

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) Sheona Shanu

Position (eg Secretary, Chair, etc) Chair

Date 04/02/2025

TAR

1177844

K.U.K Alliance

Receipts and payments accounts

CC16a

For the period from	06/04/2024 Period start date	To	05/04/2025 Period end date

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Voluntaryreceipts	4,835	9,934	-	14,770	17,098
Other tradingactivities	905	1,000	-	1,905	506
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	5,740	10,934	-	16,675	17,604

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					17,604

Costs ofgeneratingvoluntaryreceipts	1,494	-	-	1,494	1,575
Costs of charitable activities	444	17,529	-	17,974	15,841
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	1,939	17,529	-	19,468	17,416

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*
					17,416

	3,802				188
	-5,954				-
	8,735				13,197
	6,582				13,385

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

1 Funds in bank account Details	Unrestricted funds to nearest £ 6,582 - -	Restricted funds to nearest £ 4,010 - -	Endowment funds to nearest £
Funds in bank account	6,582	4,010	-
	-	-	-
1	-	-	04/02/2026 -

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	6,582
		Rufaro Chiriseri
		Sheona Shanu

CCXX R2 accounts (SS)

04/02/2026