Kite Oxford-Nairobi Annual Report 2024-25
Kite Oxford-Nairobi is a UK registered charity (no. 1181075) that aims to maximise the agency and impact of students in international development. The organisation is led by two committees formed of students/alumni from Oxford University and from universities in Nairobi respectively. By drawing upon the people, research, and resources of these universities, we aim to deliver innovative projects that address development challenges identified by communities in Kenya. Throughout the report, Kite OxfordNairobi is abbreviated as ‘Kite ON’.
Summary of Activities 2024-25
Kite ON’s activities were limited in 2024-25 due to challenges recruiting new student committees in both Oxford and Nairobi. The trustees now have limited connections within Oxford and also lacked the time to travel to Nairobi due to other commitments. Momentum in recruitment began to falter during the Covid-19 pandemic and it has been difficult to reinvigorate. As such, there was no active fundraising efforts and therefore no active projects in 2024-25. Kite Oxford-Nairobi’s sole activity this year has been to part fund an audit of its Kenyan implementing partner (Kite Nairobi Organization, a registered Kenyan NGO). The audit covered activities in 2023-24 funded by Kite Oxford. Ensuring Kite Nairobi Organization fulfils its audit obligations is one of the means through which Kite Oxford ensures that the money sent to Kenya to fund projects is spent as intended.
Given the challenges in delivering Kite ON’s aims in 2024-25, the trustee board will review options to restart activities in 2025-26.
Financial Overview
Income
Recurring donations generated £233 in income in 2024-25. As noted above, no other fundraising took place in 2024-25.
Expenditure
The sole expenditure of Kite ON in 2024-25 was a transfer of £290 to Kite Nairobi Organization to partially cover the cost of an audit to meet their Kenyan NGO Board obligations.
Closing Balance
Financial activities over 2024-25 left Kite ON with a low closing bank balance of £200. However, the charity did not have any immediate upcoming financial obligations as of March 2025.
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Annual Accounts
The tables below summarise the financial activities for Kite ON’s fifth financial accounting period from 1 April 2024 to 31 March 2025, in comparison to its fourth accounting period from 1 April 2023 to 31 March 2024. See ‘Notes to Accounts’ for Kite ON’s accounting policies and for a further breakdown of the tables below. All of the reported values below have been rounded to the nearest pound[1] .
Statement of Financial Activities for the Period from 1[st] April 2024 to 31[st] March 2025
| 2023-24 | 2022-23 | |
|---|---|---|
| Note Unrestricted funds(£) Restricted Funds(£) Total funds (£) |
Unrestricted funds(£) Restricted Funds(£) Total funds(£) |
|
| Income from: | 233 0 233 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 |
4907 0 4907 0 0 0 0 0 0 0 0 701 0 701 723 0 723 |
| Donations | ||
| Online Fundraising campaigns |
||
| Restricted Grants | ||
| Fundraising Events | ||
| GiftAid | ||
| Gifts in kind | ||
| Totals | 233 0 233 |
6331 0 6331 |
| Expenditure on: | 0 0 0 0 0 0 3 290 0 290 |
6215 0 6215 0 0 0 142 0 142 |
| Charitable Activities | ||
| Raising Funds | ||
| Administration and Support Costs |
||
| Totals | 290 0 290 |
6357 0 6357 |
| Net Income/Expenditure |
-57 0 -57 |
-26 0 -26 |
| Transfers between funds |
0 0 0 |
0 0 0 |
| Net Movement in funds |
-57 0 -57 |
-26 0 -26 |
1 Figures presented may not sum to the presented totals due to rounding.
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| Reconciliation of funds: |
258 0 258 200 0 200 |
284 0 284 258 0 258 |
|---|---|---|
| Total funds brought forward |
||
| Total funds carried forward |
– Balance Sheet 31[st] March 2025
| Note | Value(£) | |
|---|---|---|
| Assets | ||
| Cash at UK Bank | 200 | |
| Liabilities | ||
| Creditors | 0 | |
| Taxation | 0 | |
| Net Assets | 200 |
Notes to the Financial Statements
1 Accounting Policies
1. Basis of Preparation: The accounts are prepared on a receipts and payments basis informed by guidance in Charity Commission document CC16b.
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Income: Income is recognised when the charity has entitlement to the funds and any performance conditions have been met. Income received in advance of the provision of a specific service or initiative is only recognised after the performance of the service or the carrying out of the initiative. Gift Aid is recognised when received from HMRC.
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Expenditure and Irrecoverable VAT: Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
2 Gifts in Kind
1. No gifts in kind were received in 2024-25. We received three donations in kind in 2023-24 with donors directly transferring money to the Nairobi committee to carry out mentorship project expenditure. We have records of the exact monetary value of purchases and as such the amounts presented for gifts in kind in the statement of financial activities are equal to the cash equivalent value of the donations.
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3 Administration and Support Costs
| Value(£) | |
|---|---|
| Kite Nairobi Audit and NGO board | |
| submission fees | 290 |
| Total | 290 |
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