RAISING ,,v FUTURES KENYA 2025 ANNUAL REPORT Published June 2026
Contents
| Contents | |
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| Message from Chairofthe Board,CEO&Executive Director 3-4 |
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| Seed of Hope:The Kenyan Led Solution 5 2025Highlights 6-7 |
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| Case Study:Roselyne’sStory 8 |
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| 9 OurImpactin2025 |
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| 10 Grace’sStory |
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| 2025in Figures 11 |
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| 12 The SupportThatSetsUsApart |
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| OurGraduates 13-14 |
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| OurStrategic Plan,Strategic Themesand StrategyUpdates 15-17 |
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| Thank Youand How to Find Us 18 |
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| 19 KeyInformation |
Message from the Chair of Trustees
As I reflect on the past year at Raising Futures Kenya, I am struck by the journey we have travelled and the path that lies ahead. Our long-term ambition to shift the power while maximizing our impact on young people is not immune to the turbulent realities of the world we inhabit.
This year, our students have navigated a volatile landscape of rising living costs, the fallout of aid cuts, and protests which turned violent. In the UK, we have managed a challenging fundraising environment alongside transitions within our staff and Board.
In this context, Raising Futures Kenya has not only held its course but continued to thrive. This resilience is a testament to the strength of our mission, the clarity of our purpose, and, above all, the tangible results we see in the lives of the young people we support.
We've been developing the relationship between the UK and Kenya Boards. Working together across geographies, we have built trust, shared accountability and a common understanding of what success looks like. Crucially, this relationship is allowing us to shift power in a more intentional and meaningful way. Our Kenyan partners are increasingly shaping not just delivery, but the direction of the organisation — telling us what works, what is needed, and what the future UK organisation should look like. As we look toward 2026, we will renew our strategy using these conversations as our bedrock, ensuring that leadership and decision-making are rooted as close as possible to the communities we serve.
Our donors and partners continue to offer steadfast support because our results speak for themselves. The outcomes achieved by our students—in technical skills, personal confidence, and economic opportunity—provide compelling evidence that our community-led approach works. Every pound entrusted to us is stretched to its limit to ensure high-quality delivery.
Being based in Kenya, I am fortunate to be a regular visitor to our centres, and I am constantly blown away by the young people I meet and what these courses mean to them. At a graduation ceremony in Nairobi earlier this year, I was deeply moved by the stories I heard. Students
spoke not just of the skills they had acquired, but of the futures they were now brave enough to imagine —from launching mobile hair-dressing businesses to offering, quite practically, to fix my car. These moments bring home the true essence of Raising Futures Kenya: it is not just about training; it is about restoring hope, dignity, and possibility.
Raising Futures Kenya is a small organisation, but its influence is significant. It succeeds because it listens, because it trusts local leadership, and because it refuses to overlook the potential of young people. I am immensely proud to serve as Chair of Trustees and to work alongside such committed colleagues, staff, and partners in both Kenya and the UK.
Thank you to everyone who has supported us over the past year. Your belief in this mission makes these outcomes possible. I hope this report gives you a clear sense of what we have achieved together—and the confidence to continue this journey with us.
So hie Tanner p
Chair of the Board of Trustees
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s. Your Yourur
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Leaders’ Reflections
2025 was a year of bold progress amid challenging times. Your Yourur support empowered our Kenyan partners to equip over 1,000 children and young people with technical and vocational skills for a brighter future - and to spark ripple effects of transformation across their communities.
Success stories like Roselyn’s (p8) and Grace’s (p10) highlight these ripples: within families, communities, and even among current Seed of Hope students whom they now mentor. They inspire me with the hope that communities truly can change, one life at a time.
These communities are the experts in their own lives, which is why we remain committed to shifting power to our Kenyan partners. This approach strengthens local leadership to design culturally attuned, sustainable, and transformative programs. By amplifying their expertise and decision-making, we aim for lasting impact that endures beyond our direct involvement. I’m continually inspired by our dedicated team, volunteers, trustees, and Kenyan partners - and deeply grateful to our loyal supporters. Thank you for your role in the successes you will read about in this report.
Laura Armstrong Interim CEO
High youth unemployment remains one of the defining challenges of our time. At Seed of Hope, our response is to equip young people with market-relevant skills, paired with holistic support that removes barriers to participation and places them on clear pathways for self-reliance. This year, 1,060 young people enrolled across our centers, each taking a deliberate step and putting in the effort to change the story of their lives. Their progress reminds us that our work is not only about individual opportunity, but about strengthening families, communities, and the wider economy.
With our model Toolkit set to launch in 2026, Seed of Hope’s proven success is ready to be replicated across diverse contexts, ensuring thousands more youth can access opportunity. We also invested in infrastructure to better support training and student services at our Centers, and continued to advance sustainability through our Greening Technical & Vocational Education & Training (TVET) work. I want to express my deepest gratitude to everyone who has contributed to Seed of Hope’s journey this year. To our students, who have shown up with determination despite the many challenges they face, and inspiring us to keep doing this work; to our donors, whose generosity has kept doors open and dreams alive; to our partners, who have walked beside us to extend opportunity further than we could alone; to our staff, whose daily dedication turns vision into action; and to the wider community of supporters who continue to champion youth empowerment - each of you has played a vital role in shaping our work.
Ma Mw ry angi
Executive Director Raising Futures Kenya NGO
THE KENYAN LED SOLUTION
Raising Futures Kenya is a small UK-registered charity driving big impacts on youth employment and vocational training in Kenya. We partner closely with a Kenyan-led NGO, guided by local experts Mary Mwangi and Florence Olwenge, to deliver their community-led Seed of Hope programme. For over 20 years, it has equipped young people aged 14-25 with accredited vocational skills, business training, wellbeing support, and qualifications in high-demand trades like catering, hairdressing, carpentry, motor mechanics, and fashion design- plus English, financial literacy, and computer skills.
In Kenya, poverty blocks education (one-third of students drop out of secondary school), while youth (35% of the population) face 67% unemployment, often due to skills mismatches. This fuels exploitation, abuse, violence, trauma, and mental health crises- hitting girls hardest through early marriage, motherhood, or gender-based violence. Around 60% of Seed of Hope participants are female (17% young mothers), and the programme breaks these cycles by fostering self-reliance and employment or self-employment opportunities.
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Florence Olwenge Mary Mwangi
Programme Manager Executive Director
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Vision
Our vision is a world where all children and young people in Kenya live with dignity, hope, and the opportunity to fully participate in society.
Mission
Our mission is to create opportunities with children and young people in Kenya to break the cycle of poverty and inequality and fulfil their potential.
Kitui water tanks and collection point
Drilling the borehole
Kitui Borehole and Water point
In 2025 our water project in Kangweni, Kitui county was finished! This includes a 240m deep borehole and community water point in an area where people are experiencing increasingly frequent drought, crop failure, food insecurity and hunger. The borehole gives the local community access to clean, safe water for their families and their crops.
Catering and hospitality students in the new kitchen
New kitchen in Kariti Seed of Hope!
Kariti Catering and Hospitality students and staff were excited at the launch of the new kitchen facilities, which provide a new space for the 40 students to learn practical skills, and for 145 daily nutritious cooked lunches, essential to the concentration and wellbeing of every young person at Seed of Hope.
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The old kitchen
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The previous makeshift kitchen was smoky and required a strenuous uphill journey to carry the prepared food to the serving area. Staff and students are delighted with the new gas cookers and learning facilities.
A word from Executive Director, Mary Mwangi at our Kenyan-led partner NGO:
"The borehole is a major milestone for SoH Kitui, as an infrastructure achievement and a long-term investment in our students and the community. Reliable access to clean water will improve hygiene and health and create a more dignified and supportive learning environment. Beyond the centre, the borehole and the agribusiness project will benefit the wider community, reduce food poverty and strengthen our relationship with the community, reinforcing the idea that SoH grows with the community not apart from it. This is what meaningful development looks like, practical, sustainable and life-changing!"
The sound of the water being pumped and filling the 10,000 liter water tank on the site of our Seed of Hope vocational training centre, is a joyful sound carrying with it the promise of huge benefits for the community.
Now with a reliable water source, we are also creating a demonstration farm and will deliver agribusiness training to 300 members of the community per year, to train them in reliable drought-resistant growing methods and generating sustainable year-round income.
Young Mothers in the pilot programme
Ann says:
“Seed of Hope has been more than a school to me, it’s a lifeline. It gave me the skills, support and confidence I needed to stand strong for my child and for my future”
Ann, who took part in the young mothers pilot, Kitui
Young Mothers Pilot Programme
Between January and September 2025 we introduced a pilot to remove one of the main barriers to consistent class attendance: lack of affordable and reliable childcare. We gave 30 young mothers vouchers that could be redeemed for childcare costs. We were delighted by the impact of the pilot and the way these young women were motivated to use the skills they learned.
Leela meeting Seed of Hope students
Kirsty, Mary and Leela in Kenya
Pilot Project Outcomes:
- Average class attendance among young mothers increased from 83% to 92% (compared to 2024)
The UK team visits Kenya
In February 2025, CEO Kirsty Erridge and Head of Fundraising and Impact, Leela Shanti visited Kenya to see the Seed of Hope projects in person and discuss strategy with the Kenyan team.
UK Head of Fundraising and Impact, Leela Shanti says:
“What a privilege it was to spend valuable time in Kenya in-person with incredible colleagues - to meet with dedicated leaders, new members of the team, teachers and current students across all three centres, and see how the programme is actually run, in action, first-hand for the first time. I was able to see the impact behind the reports, feel the love and buzzing atmosphere in the room, and sit face to face to hear rich feedback and success stories, discuss challenges and visions for the future with a depth that remote communication just can’t match. It was deeply inspiring and motivating!”
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Dropout rates among young mothers in Kitui decreased by 100% compared to previous years
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85% of the young mothers reported reduced financial stress thanks to the vouchers
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80% of beneficiaries used savings from the vouchers to buy basic necessities and purchase equipment for a small business start up Beneficiaries reported improved concentration and performance during training sessions
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Roselyne's Story
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“Coming from a humble background, life was not always easy. Raised in a family that struggled to make ends meet, I learned from a young age the importance of hard work and resilience. As a girl growing up in these circumstances, society’s expectations were clear, mechanics was not a place for women like me. But I’ve always believed that your background doesn’t define your future.
The moment I heard about the opportunities at Seed of Hope, something inside me knew I had to take that bold step. Choosing mechanics wasn’t easy. I faced doubt, criticism, and discouragement , both from people in my community and even from within myself. Many questioned whether a young woman from a humble background could really make it in such a technical, male-dominated field.
But I pressed on.
Seed of Hope didn’t just equip me with technical skills , it transformed my mindset. The institute gave me the confidence to believe in myself, and the courage to stand tall in spaces where women are often overlooked. Through mentorship, practical training, and personal development programs, I discovered that I was not limited by my background or my gender. The supportive environment at Seed of Hope made me realize that I was capable of far more than I ever imagined. I met trainers and mentors who encouraged me to push past fear, challenge stereotypes, and pursue excellence, not just in mechanics, but in life.
It wasn’t easy being the only woman in the workshop, but I was determined to prove that hard work, not gender, defines success. Thanks to the strong foundation I gained from Seed of Hope, my commitment, and my performance during the attachment [internship], I was retained by Wellcheck Auto Garage. Today, I work proudly as the only woman in the team, handling complex automotive tasks and earning the respect of my colleagues.
This opportunity has not only changed my life but also given me the platform to inspire other young women, especially those from humble backgrounds, to believe that they, too, can break barriers in mechanics, engineering, and beyond.”
“ Seed of Hope gave me the courage to dream and the skills to stand tall in a field I once thought was not for me.”
We interviewed our graduates 9 months after raduation... g
Impact
89%
of graduates were in employment or self‑employment, with most working in fields directly related to their training
85%
were financially independent, able to meet their own basic needs such as rent, food and bills
97%
Completion rate: far above the national average
Education Support
1,055
Children and young people completed Seed of Hope courses 61% Of those supported 17%[of ][t][ho][s][e ][supp][o][rt][ed] were women and were young girls mothers
Earnings Improved
79% were earning above the poverty line 21% were earning above the national minimum wage
Return on Investment
average cost of our training £223 courses
ROI for every £1 invested 3.5x
of all TVET graduates were working in a related 93% field
of all TVET graduates were supported into an 90% internship to gain real world experience
Wellbeing & Multiplier Effect
100% 80%
reported positive impact on wellbeing
were supporting family members financially
graduates actively regularly mentor other young people in their community
92%
Grace's Story*
“Life took a painful turn when I lost both my parents at the age of 15. My three brothers and I were taken in by our aunt, who already had her own children to care for. Life in her home was far from easy. We were treated more like laborers than family. Rest was a luxury we could never afford.
Eventually, I could no longer bear the constant frustration and emotional abuse at my aunt’s house. I moved into a tiny one-room house just to find peace. But even then, I felt alone, discouraged, and overwhelmed.
Then, something changed. I got an opportunity to join Seed of Hope to study Hairdressing and Beauty Therapy. I always knew I wanted to be a beauty therapist, but when I joined, I had no idea how I would feed myself or even pay my rent. I was emotionally broken and mentally exhausted. But through the counselling sessions offered at Seed of Hope, I started to find my strength.
Counselling helped me look at life differently. I began to understand that even though life throws challenges, I have the power to face them and find solutions. I realised that with the skills I was learning, I could start offering services and earn money to support myself. Today, I’m a different person. I am full of life, confidence, and joy. I feel healed, emotionally and mentally.”
“I look forward to completing my course in June and starting my own beauty business. Seed of Hope didn’t just teach me a skill, it gave me my dignity, my voice, and a second chance at life.” - Grace*
*Not her real name.
2025 IN FIGURES
77,671
Lunches distributed, benefitting every student and fuelling learning
2,252
Period packs distributed between 647 women and girls, enabling them to attend during their period
718
Childcare vouchers given out to support 184 young mothers, enabling them to attend classes and focus on learning
77,440
Attendances at Sexual & Reproductive Health & Relationships (SRHR) and Mental Health Wellbeing sessions
1,294
Individual counselling sessions, to heal from trauma and develop ways to cope
19,550
People benefitting from group counselling sessions
The ort that supp sets us apart
Counselling
Wellbeing
Group counselling addressing shared experiences and tackling stigma around mental health; and one-to-one counselling for students experiencing trauma.
Addressing the trauma of experiencing poverty, inequality and, in some cases, extreme exploitation and abuse. Students feel supported, build resilience and coping mechanisms, so they’re able to focus on learning.
Practical S ort upp
- Life skills lessons
A curriculum about health and wellbeing, rights, and how to advocate for them, addressing healthy relationships, sexual and reproductive health, gender-based violence and discrimination, and substance misuse.
Removing barriers which may prevent students from being able to attend their lessons, setting them up for success.
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Free daily lunch - you can’t focus on learning when hungry
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Free childcare vouchers - allowing young mothers to learn
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Free period packs - so girls never have to miss a lesson
Graduate Support
We bridge the gap between learning and earning, to support the transition to employment. We arrange internships, peer mentorship from former graduates, and free access to our Business Hubs with computers, equipment and materials to launch a small business. We also run additional needs-led projects in the local communities.
Our Graduates
- M oka Ca en & Joine usy rp try ry
“I’m happy to be at Seed of Hope. I’ve already made a table and a stool by myself, and that makes me proud and hopeful for the future”
- Jo line Fashion & Fabric Des y ign
“I used to miss almost five days of school every month, but thanks to Seed of Hope providing me with pads, I can now attend school every day with confidence.”
- Teresia Hair & Beauty Therapy
“I joined Seed of Hope when my baby was just three months old, and now she’s one year old. The childcare voucher has been a great support — it’s helped me care for my baby’s wellbeing and even cover transport to school. This support has made it possible for me to continue my training while raising my child.”
- Harrison Catering & Hospitality
"This journey has changed my life, and now I return to inspire others because I know how far hope can carry someone."
Graduate Videos
- Nyaoza Fashion & Fabric Design
“Through my earnings now, I can help my mother, I can help my brothers and my siblings”
- Bravin Motor Vehicle Mechanics
“If you don’t have the education, you don’t have the transformation.”
- Ste hen Electrical Installation p
Stephen discusses from his workplace how the - Seed of Hope course supported his path to self sufficiency. “I can take care of myself and also my family.”
- Francisca Hair & Beauty Therapy
See the joy on Francisca’s face as she talks about the impact of the Seed of Hope course on her life! “My life is not the same as before [...] Now I am bright!”
For more inspiring graduate videos, visit our YouTube channel!
Our Strategic Plan 2022-2026
We continue to be committed to Shifting the Power to our passionate, experienced and dedicated colleagues in Kenya. We are acutely aware of the power imbalance between NGOs in the Global North, who typically have access to funding; and NGOs in the Global South, who typically are implementing the projects.
In 2025 our Kenyan partner NGO (also named Raising Futures Kenya) took the step to initiate a change of name to Growing Seeds of Hope Kenya NGO. This move was to further clarify the distinction between the two entities, which are working towards the same vision, but in very different ways. In the UK our primary function is to fundraise, build capacity and raise awareness; and in Kenya the primary function is to deliver the projects.
Over the remainder of this five-year strategy, we will collaborate closely as they build their team, resources, and capacity to assume greater decision-making for both organisations. We will actively encourage our loyal funders and supporters to direct contributions to them, reducing our role as intermediaries. We aim to enhance joint board involvement, so that the strategy is ambitious, practical, and grounded in local realities. We recognise that this is still a long journey of mutual learning, but both organisations remain fully committed to working together to achieve these goals.
Our Strategic Outcomes 2022-2026
Guiding our work over the 5 year period are the following outcomes:
Outcome 1
Raising Futures Kenya has an evidence based, independently reviewed and replicable model for holistic Technical and Vocational Education and Training (TVET) provision in Kenya.
Outcome 2
Facilitate Raising Futures Kenya NGO in Kenya to become the lead partner.
Outcome 3
Raising Futures Kenya in the UK have diversified our income sources and reduced RFK Kenya’s reliance on our/overseas funding.
Strategic Themes 2022-2026
Underpinning all of our work over the 5 year period are the following themes:
Do Good, Be Better
Learn from the Shift the Power movement and embed it throughout our organisation. Embed a culture of reflection and respond to changes in society. Actively reflect on our own actions, admitting to failure, looking for opportunities to learn, to act, to be better, to share and to ensure no one is left behind and everyone has an opportunity to thrive.
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Sustainability
This theme cuts across all of our work and includes:
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increasing the sustainability of our programmes in Kenya
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increasing the sustainability of our finances through income generating activities
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increasing the long term sustainability for young people and communities who are benefiting from training and skills development at Seed of Hope
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increasing self-reliance and using environmentally sustainable working practices wherever possible.
Wellbeing and Thriving
Our Seed of Hope programme centres on the wellbeing of students, ensuring they are in the best position to be able to thrive. We will ensure this is extended to all staff, volunteers and anyone working with Raising Futures Kenya. We will advocate for wellbeing in the sector. We consider the whole person in our work. Sustainable development isn’t simple; solutions are often complex and unique to each individual. We work closely alongside children, young people and families to ensure they have all the support they need to break the cycle of poverty and inequality.
Our Future UK Vision
Within 15 years we would like Raising Future Kenya’s (UK and Kenya) unique, evidence based, approach to Technical and Vocational Education and Training (TVET) to be integrated into Government, NGO and private TVET provision across Kenya – creating better outcomes for young people engaging in TVET.
Our ultimate long term goal is for there to be no need for a UK Raising Futures Kenya. In 15 years we would like RFK UK to be an influential voice and leading example in the UK development sector, advocating for localisation of development work and funding. We want RFK in Kenya to be fully autonomous, with donors and funders happy to fund them directly, and ideally with unrestricted funding which is the most effective and efficient way to give. We realise this requires a big shift in the UK/Global North funding sector so we are committed to being here for as long as our partner NGO needs us, and the support we offer will be led by their needs and requests.
Strategy Update and Plans
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2025 Update 2026 Plans
We supported our Kenyan partner NGO in
enhancing the Seed of Hope training campuses,
transforming them into inspiring centres of
excellence.
We will work alongside the Kenyan board to
Outcome 1 -
develop the scaling of our Seed of Hope model
Evidence- Our Kenyan partner NGO continued to share the
to other TVET providers. We will measure the
based TVET Seed of Hope programme model with a total pf 31
impact of the training on these providers so we
model other TVET providers in Kenya through their training
can share the model more widely.
and scaling model. Trained education partners saw
rapid improvements, including lower dropout rates,
reduced teenage pregnancies, and less drug use.
The UK Board and Kenyan Board continued to work
towards agreed actions and milestones for Shifting
Power, set out in our jointly agreed Shifting Power
Roadmap. Led by the two Chairs, both based in
Nairobi.
Continue to advocate for Global North funders
We supported the Fundraising and Communications to support our Kenyan partner NGO directly,
Officer at our Kenyan partner NGO to develop her rather than going through us first.
skills to secure grants and donations directly to
them. Share success stories of other funders who
Outcome 2 - have done this, write blog posts and LinkedIn
Shifting We continued to advocate for Global North funders posts to advocate for this shift.
Power to support our Kenyan partner NGO directly, rather
than going through us first. In 2025 one of our Support the Kenya team to be funder-ready,
funders agreed to fund our partner NGO directly. We findable and fundable. Supporting the Kenya
have shared success stories of other funders who management team to use their time
have done this, writing blog posts and LinkedIn strategically to be able to engage more in
posts to advocate for this shift. networking, fundraising and strategic planning.
We supported and mentored the Monitoring and
Evaluation Officer at our Kenyan partner NGO to
expand and refine their Monitoring, Evaluation and
Learning in order to be able to widely share the
impact of Seed of Hope.
UK team to focus on solidifying and expanding
Interim CEO has focused on diversifying UK income UK donor base, including major donors and
and developing new partnerships. corporate partnerships.
Head of Fundraising and Impact focused on
Outcome 3 -
Head of Fundraising and Impact focused on larger larger grants and invite-only funders, as well as
Diversifying grants and invite-only funders. continuing to mentor the Kenya team to
income
fundraise successfully from Kenya.
Fundraising and Communications Officer managing
grant portfolio for smaller grants and stewarding Fundraising and Communications Officer to
current donors. continue managing grant portfolio for smaller
grants and to increase involvement in larger
grants.
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Thank you!
We keep our UK staff team to a minimum in order to prioritise employing staff in Kenya. All of our UK staff work part time.
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Laura Armstrong (interim CEO from November 2025) -
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Kirsty Erridge CEO (currently on maternity leave) -
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Leela Shanti Head of Fundraising and Impact -
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Keely Bicknell Fundraising and Communications Officer
Thank you so much to everyone who has contributed to to our work this year. We are grateful to everyone who supports us.
If you want to find out more about our work or how you can get involved, please reach out to us!
www.raisingfutureskenya.org.uk
facebook.com/RaisingFuturesKenya
instagram.com/raisingfutures
linkedin.com/company/raisingfutureskenya
Registered Charity Incorporated Organisation Number - 1181670
Registered Address - Raising Futures Kenya, Community Base, 113 Queens Road, Brighton, BN1 3XG
Email - hello@raisingfutureskenya.org.uk
KEY INFORMATION
Reserves Policy
Ris t k Managemen
It is the policy of Raising Futures Kenya to maintain the unrestricted reserves of the charity at a level sufficient to meet its committed spend, management, administration & support costs for a period of 3 months. The ‘reserves’ are unrestricted funds not committed or invested in tangible fixed assets and are split between UK and Kenya accounts as appropriate. In the UK we held unrestricted, designated reserves at the end of the year to cover 3 months UK running costs, which was £22,451.
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity. Trustees continue to review systems to mitigate the Charity’s exposure to major risks.
Trustee Recruitment
Trustees are openly recruited based on the skills needs of the Board and then approved by current Trustees after a trial period of 3 months.
uar Safeg ding
The safety and wellbeing of the students, community, volunteers and staff we work alongside is our top priority. We have a comprehensive Safeguarding Policy and set of procedures. All Kenyan staff undergo an annual safeguarding training course and our Senior Leadership have completed training in the implementation and management of safeguarding in the humanitarian sector. We have a Safeguarding Lead on the Board, Tom Quayle tom@raisingfutureskenya.org.uk.
Public Benefit
The Trustees of Raising Futures Kenya confirm that they have complied with the duty contained within the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit. This Annual Report details how we have delivered our purposes for public benefit.
Financial Overview
Income Statement
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Overheads
7%
Charitable Activities
70% (£134,708) Fundraising
23%
Fundrais
ing
23% (£44,153)
Overheads
Charitable
7% (£13,926) Ac70tiv%ities
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Income between 1st January - 31st December 2025 was £192,787.
Expenditure for the year was £193,806. In 2023 we moved to accruals accounting, which means income received in 2025 but to be spent on projects in 2026 have been accounted for as accruals.
£134,708 was spent on charitable activities which accounts for 70% of expenditure. The remainder was spent on necessities such as: fundraising 23% - generating funds in order to deliver the charitable activities and reporting to funders on how those funds were used, and governance and overheads (7%) which includes essential functions such as managing the finances, annual independent examination of accounts, insurance and adhering to our statutory obligations to ensure the charity is run professionally. We do not have an office in the UK; all UK staff are part-time and work from home to reduce overhead costs. We carefully account for every pound spent, maximizing impact by directing resources to those who need them most.
The Charity Trustees received no remuneration for their work as Trustees, but they can be reimbursed for travel expenses in line with our expenses policy (none were claimed in 2025).
REGisfERED CIL4RrrY fluL. 1181670 REPORTOF THE TRUSTEES AND UNAUDITKD FINAN FOR THE YEAR EiYDED 3I DECEMBER2025 FI CRTLixnittsl Flat 24 Wcllingtollia Court Laine Close Biighton East Sussex BNI 6TD
1141SING FUTURE KE COLYTEf4TS OF THE FINANCIAL STATEMENTS R THE YEAR ENDED 31 DECELIIBER 2025 Pe Report of tbe Trustees Independent ExamiDer'$ Report Statemellt of FinaJ)ei*l Activities Balancc Shttt L¥otes to the Finaneial Statements 7 to 13
RAISU¥C FirruRES KEFIYA REPORT OF THE TRUSTEES DED 3] DECEMBER 2TrL4 The trnSs ESent their retK)rt ihe finafjcj statements of the thKity for the year ended 31 December 2025. The tmth8 IM* thpted the provisions of AccoThiling and R¢porting by Clwities: statent of Recotnmend&1 Practice 8ppIiLYbte to charities prepatittg their accounts in aordance with the Financial ReFOrting Stsndattl applicable in the UK andReJxthIic of ttElond (FRS 102) (¢ffe¢tiYo l UAry 20191 OBJECTIVES AND ACTivfTIES Objectives and aiEll5 The tharitable objeots aTV. l.To d6Yelop the capa¢ity ond skills of Socially md ¢conomicalty di5advanta8ed thildrca and young peopl¢ in K¢uya ill 5uGh awaythattb¢y ar¢ b¢tter ableto idtify alldbelp meet theirnea5 to P8Mi¢ipatewon fully itt $iety. 2.The prevention of poveIty (or financial lthbip) amollg chlldrett young people in Kenya by providifjg or assistit in the provision of educatioty training, and all th& lle$$2ry mPPOrt need¢Jl to enable iM4ivitha]s to genoTate 8 sustainable incom¢ andbe self-snffi¢ient. 3.To promote 5UStaiTthle d¢v¢bp]n¢th forih¢ b¢n¢fJt ofih¢ public by: }.The relief of povty aTJd thE lTnpVeTncTrt of the CQT)ditILs of life in soBialJy and 0[1¢1]Y IlssadvajSCd ollununities. b).Th¢ pn)MotiO of sustainablemeans of achieTrillge¢onomi¢ gth and regenatiO Sustainable development means d¢v¢lopm¢th Iithich meets the needs of the pffsent without compromising tho ability of ture Aetteyatto tomeettheir owllneeds. Significant altieS Details Gan b6 obtain¢d inthe attarhtdwi)rt. Public bellefit D&11S canbe obtained in tbe attachedTeporL Chatltable actlvftles Raising FutUS Kenya knyaks ¢ycles of povery and Ill&]1ty through quality educatio]4 Sk11$ trainin& and wellbeing suppott Fo¢u$ing on children znd youty especia]Iy girls, wc help them gain Ski quaiifLcations, ronfidoic¢ for employrnent or tntrepreneurship. W¢ parttrr with a NGO, who deliver frte, COJJllnunity-kd Yocatio]Jat training, bu5ine55 5ki115, and i1]6278 progtamrnes. draising actiiryties Detsils can be obtained inthe dtta¢hedreport. Trlllandal posltloll DeLai]s Cabe obtained In the attachedyeport. Reserves poliey Detads ¢an IK obtiined in the att5ddTeP0rt. FUTURE PLANS Details can bc obt&iT]ed ittthe attached ryort. S[RUUR. GOVERNANCE ANDIW.4GEMENT GoVernlngdocu¢nt The chaTityiS eotttrolledby its goveming do¢umenl a detdoftrust and constibjtes an unincorporatEd ch]ty. CILarity constitution Th¢ charity was registered zs acharitabk Incorpwat¢d (k8anisation on 22 January 2019. Page I
RAISING FUTtIRES KENYA REPORT OF THE TRUSTEL FOR THE ITAR ENDED 31 DECTLWIBER 2112) STRUCTURE, GOVERIYALYCE ALYD MALYAGEMENt iietruiiment alld apltent of nEw trustees DetAils Can be obtsin in the th¢hed rely SafeEuanlirtg D¢tails Lan be oTrtsinl in the attached repyt Risk m&llagemt tktails canbe o]*ained in thE attachCdreFll REFEREL¥CE AM) AD1[NIsTRiITll DETAILS Regitered ChaTitynuwbeT 1181670 Piitteipal #ddress Cornmw)ity B&8e 113 Qu0et)s Road Brtghtfjn East Sus5tx BNI 3XG TTU5tcfs O Geymond {Tesiglled 20.1.25) D BuT5ter-Jdyasuriya MKuthiala (resigned 11.6.25) D Russell J Flell)iug (resigned23.7.251 L Anllstrong (regigned 5.11.25) S Tat]ner{Chair) T Quayle (appointed 1.225) CMUZOnl (Treasurer) lappoiutul 1.225) K Rafttt (appointed 1.2.25) J Dickinson (appointedJ? .10.25) ALR¢id {appoillt&l 3.925) Tndependent christ0perR0bertTYlCrFCADc1L1FCIB FI CRTLimitrd Flat24 Welliw C(x iaine C105e Brigbton Eatt Sussex BNI 6TD BAttkers Barclays Bank TamwotthBllsiness C¢ntre 24 MiddieEttty TaTllW B79 7NJ Founders s VPck R¢v J Paekatd Pas¢2
REPORTOF THE TRUSTEES FOR ITAR EF4DED31 DECEMBER2025 REFERENCE AM) ADLlIllYISTIL4TIVE DETAILS CEO KiLW Erridge{on MatemityLeave to De¢dnber2025) Laura knnstrong CEO) EtllAiI hellcl&rnjsinknSkeDyorg.uk VelK5ite uww.raisitkgfuiwtt%kenyaorg.uk STATEME]Yr OF TRUSTELY ISPONSIBlLr[IS Th¢ thtstee$ T&sponsible for prepIllg the Rep)rt of the Trustee3 and th¢ fillan¢ial 5t*emellts in accordance llryth app]i¢able law &ndUnitedI(iogdom ACcoUllti StwdaTrt$ IUniiedKingdom GeneA]ly ACcepkdA¢Q)tinEPrac1ICe). The law awlicable to ¢1tieS in Eng]attd and Walc4 tbe Charities Act 2011, Charity (Account5 and Rq> Regulations 2008 and tlLe proNry5ion5 of ihE trust deed requires the ttustets to prepare fiDancial ststements for each fiJ2aDcial year whiGh siv¢ a true xn& fair view of the state of affairs of the charty a[ of the iTLcorning reSoUtS alld application of reUrCeS, including thE iTKome #j expenditwe. of the ¢barity for tbat period. tll pryring those fir)anciai 5fatemeNts. thetsustetts 8Je r¢(tuiTed to $electsuitable aCCoting)I1cieS andthen f4pply them COTkS1St', observethe methods atylprincipl¢s in thecharity SORP., nke judgemertq and estttnates thai are reasonable wd pnel prepare the finan¢ial slatem¢nts on the going eoncem basis unless ti is inappropriate to presume that the charity ITLII eotllitiue in business. The trustees are r¢snSible foy keing prDpcr accOtIng ttLx>rds whith disclose with ollab]e aecuttwy at ani time tIK fin3t]cia] yTrsition of thc charity 8lld to enable theTn to fTLSUTt that the fjll¢1aj statements ¢omp]y with the Chatiti&8 Act 2011, Ihc awity {AccouTrts and Reps} Regu]ations 2005 md th¢ proTri3ioTkS of the ttu# deed. Th¢y ar¢ also S]X)n8ible for saf¢gwdillg the w¢t5 gf the charity attd hence hr tskillg asOnabl¢ 8t4is for the prevention alld detection of fraud andthher irregu]ar18. 1£.1.5.1..2G ApprOyby or(kT ofthe )Ird 0ftsSte£S on..... .. and Sig¢d on itsTrEhaifby: C Muzonzint- Trustee Page 3
RAISING FUTURES KENYA Indet reportto the trustee5 oIRgising Futures Ken I wort kn th¢ dlty tru5k¢5 on ¢xa]nKttation of &¢oullts of RaisIg Futurts Kcnya (the Th15t) for th¢ ytar cttded 31 Dccemkr2025. Responsibilities aud basis of report As the cbgrity trustees of tbe TNst you are resp181b]e for tbe prywation of the aecounts in accord#te with the tEquiremellts ofth¢ Chariti¢sAc¢2011 Cih¢ Aevl. I rew)rt itt kt5peet of my &¥ni]]ation ofd Trugvg accounts ¢atried out der Sectiott 145 of the Act and iti carrying out my examination I have followed all appIlble Direclioyjs given by the Charity CommKssion under Section 145(5)Ib) of the ACL Independent e1]5 5tstement I have cDmp]eted tny tL•nillation. I Cotsfit that no materia] matta¥ have com¢ to my atteAtion in corn&ion the ?ination givi m¢ to b¢li¢v¢ th in w mateTial TWWt.' counting rwords w¢r¢ notkept in TeSP¢Ctof th¢ Tt as requirql by S¢ction 130 gf the Act, or tho aceowLts do not ac¢oTd tOse recoy&' or the acllts do noi ¢omp]y with the applicable requirements concerning the fonll and content of accoullts get out in the Charitits IAccoulltS 8ttd Repo) Regulations 2008 Oth than gny requirejnent that tbe acllItt9 give a tnje and fair view whRch isnot aJnattercDnsidered part of all indq)elldent exa]ninatio I havt cott¢ems have conje acjoss no other matters in connection i¥itb the L]atiOn kn which attention slu>uld be drawTr in this rcport orderlo eRable &propcru[Ldettg ofthe ac£ountsto be aGhEd. Chri5tophEr Robert Tyl¢rFC4 DChAFCtE FI CRT LiiMLted FLat24 WellitWorriaCourt taine Close Brigbton Ea Sussex BNI 6TD Page4
RAISING FtrruRES I(EPIY STATEMEKf OF FINANCIAL AcrivrrIES )R THE YEAR ENDED 31 DECEMBER2025 2025 Total funds 2024 Totttl fiwds Unrestri¢ted Restri(aed Not&s INCOME AND ENDOWMEPryS FROM Dottations and kgaeies 69,085 1,355 89,363 Ch*rltable actl Charitable activities 92,243 ,243 98,087 (Kher tradingadiviti¢5 lllvesth]¢nt illcom¢ 30,067 37 30,067 37 32,374 703 Tot4l 99,189 93,598 192,787 220,527 EXPENDITURE ON Ra?sing fid3 44,153 44,153 40,233 Charilable wctivities Chtiritsble aLtivities Administration Oyerbeads Svpportcosts 40,562 11,17Q 1,028 2,747 94,146 134,708 11,170 1,028 1747 170.832 9,850 1,830 2,890 Total 99,660 94,146 I93,806 225,635 Nrt INCOLW(EXPEF4DITtJRE} TraDsfers betweeTJ fvuds (471) (548) {548) 548 {1,019) (5,108) 12 Netrnovement in fund5 (1,019) (1,019) (5,108) tIECONCILL4TIOf4 OF Fuf4DS ToSaL fimds knght forward 105,668 105.668 110,716 TAL FUNDS CARiUED FORWARD 104,649 104,619 105,668 Thenotes fonn partof thes¢ fi)allcial slatomentS Pag¢5
31 DECELKBER2025 2025 2024 Unr&ricted fLULd R£strittcd funds ds furNJs Notes CURRENT ASSE]5 C*5h bank I07.832 86,508 194340 181,OIB CREDftO AnLounts fglllljg due wtthinone year ii (3,183) (86,508) 189,691) (75 J50) T CURREWC ASSETS 1114,649 104,649 105,668 TOTAL ASSETS LESS CtJRRENr LIABILITIFS 104,649 104,649 105.608 ASSETS 104,649 104,649 105,668 FtJNDS UJJr¢5trirtd funds 12 104,649 105,668 TOTALFUNDS 104,649 105,668 The cial statejllettts were apwoyj by the Board of Tre9 atjd autborised foT i&8ue and weTe sigttedon its beltstf by: on C Muzonzini- TTltsteÈ The ttot£s forn partof these r]nall¢ial st#t&nthts Page6
NOTES TO THE FINANCLIL sfATEMENfS FOR THE YEAR ENDED 31 DECEMBER2025 ACCOUNIINC POIJCIES Basisof prar{l1tc fjnanei91 statements The fjDancial statetneuts of the djarity. which is a publTC benefit elltity undeT FRSE02. have been prepared in
wthi¢¢ with the Cbarities SORF (FRS102) 'Accotmling and ReFvrting by Chariti&s.' Sikttement of
R¢o)mmend¢d Pmtice applicable to chorities preparll their awounts with the Finan¢ial Reporting Stmdard appli¢ablÈ in tho UK ld Republic of Ireland (FRS102) {effe¢iive l Janu 2019),. Financial Reporting Stattdatxl FRS102 Ihe Finan¢ial Reporting Slandard applicable in tho UK and Repub]ic of ]re1 alld the Charities Act. The finaneiat siatements have beertprep&td Ullderthe historical cosl ¢onYention. The accourtts are Prep stedingj which is the fimctional cuttency of the chaiity. L¥(onetary 2mounts in thes fjllan¢ial stat¢m¢nts ar¢Toded to tbe Degtrst £. The Trusiees %y)tLqjd thett material uncertainties alx)ul th¢ tharity'5 abiltty to rontimi¢ as a going IDcome All itLcome ts ttcognised in the Stat&llent of Fitinci2] ALtivitie5 on lh¢ charity has eDtitl¢mart ty th¢ it is probablethatthe income will be receivedand the nOUnt can be me8suttd Lf]iably. Iucon)e Erom donatii)Jxs is atcouttted for ag received by the charity. Th¢ from fiu)drnisirJ8 v¢ntur¢5 15 8ros% with the &ssociated costs inc]u(led in fiuLdraisin8 costs. The va]ue olvoluttt2ry woyk is not induded illthe fitknill¢ia] sthtemttts. For legAoies. entitltt is taken on a case by Cas@ basis as the e&li¢r of th¢ date on whiGh.. the Ghartty is awaip that probate has been grant& the estate has been fin]Sed and notifi¢Ation h8s b¢en made by the ¢x¢wtorfs) to the ¢h8Lity that a distributioll will be mad¢ whell a distributioll 1$ Iocéived th)m the estate. Receipt of a ey, in wIle or in p is only considered probxble when the am(xyfi Lan be measurd reliab]y alld the ¢harty has been notified of the exe¢utoVs intention to make a d]sth1)L)A. If the legacy is in tbe forn of an asset other thao or an asset listed on a zecogDised stock exchange, TecogDition is Subject to the value of the asset being able to be r¢lL4bly measured aTd till¢ to the a55et Ilas Fa55ed to the dmrty. Wbere l¢sac4¢5 have bee ntittfied to tbe ch8nty or Ihe charity is awart ofthe granti]Jg OE probate. and tht criletria for incomc Tec0]bo have not been Th¢Lthell th¢ legacy i8ttEthd as a coJrttllgeTrt Pasetand di%1gs¢d if material. Exp¢nditsTe Liabtlities are ttoo)Ised as expenditure Qs s(K)n as theJT is a legal or a)nstrwtiYe ob]igatioll committing ihe charity to that expenditUTe, it is A)tDbablo that a tr&]sftt Of ¢&inoinic bellefits will be ktquiyed in settienL&tt alld the atlloit of the obligation call be measwed reliably. E¥pendIre is ac¢ount¢d f on an ac¢Nals basis and has beerÉ cjassified uiider htadiiigs that aggregate all cost related to thc catcgory. Ivhere costs cannot iK dirrdiy attL76utEd to particular h¢adin8S thq Iwv¢ b¢¢n alloGafrd to aGtIVAtI¢5 a basi5 COll$iStts the u8e of sourtcs. TaxAtio The cbarity is exempt fiDm tax on its charitsbl¢ a¢tivitses. Fulld #ccountlng Ullrestrictedfuttds tA]J be used inaccon19nce witbthe ¢harit&ble ObjeiveS at the discretion ofih¢ trnstee Restricted fnllds only be U8 for partiCLts restricted within the obj¢ct5 of thE charity. Restri¢tio]Js aJise when specified by the donw orwhen fund5 ar¢ rn15a forpartiwlarFEStri¢ted PLrposes. FurthertXplarI0n0f the natll and purpD5e ofeach fUd is included it) tbe D)testo the fJnancia] statsMenl8. Donated goo( Dollated goo(ts alld SeiceS have not ien recognised these financial statements as it is ]t prddirnble to do so andtht cost outweighs th¢ benefit PengloTrk Page 7
IWSINGFUTURES NOTES TOTHE FINANCIAL STATEMENfs- LY)ntiDued FOR THE YEAR EE4DKD 31 DECEMBER 2015 ACCOUNfiNG POLICIES- Continued The ¢hority opeTatss & d¢filAl contribution peosiojj %heme. Cotttributions payAble to the chatity's peDsio]J g¢heme a ¢h8rged tDthe Statetnettt of Finan¢iai Activilies in theperiod towhichthey relate. IK)NATIONSANDLEGACIFS 2025 2024 Donations Gift aid Grants 62,017 5,173 3,250 80,200 9,163 70.440 89.363 Gmts re]ve1 included in th¢ aboY4 are as follows: 2025 2024 Tk ArGh¢rTrust StMaWs Cxwity 2,500 750 3,250 OTHER TRADING AcrJvrrIBs 2025 2024 Fundraising events 30,067 32,374 INVESTME INCOM 2024 Deposltwcount intsrest 37 703 INCOTrIE FROM CHARITABLE ACT1VJTs 2025 2024 ATVity Clwi£able activitics Grants 91243 98,087 Grants r¢¥¢iv¢iL iv¢lvd¢d in the above. are as follows: 2025 2024 The Ashw(xth Chariloble Tn AlBaIleYFoUndati0n Brian Mercer Tht Brya GuinnEs5 Tn35t The Chatk C]iff Tn]st Colt5-Medlock Foundation CoLDmon GiouD The De La1¢ chltrablE Thist The thdvertott Trnst 1,0 io,000 1059 5.000 10,000 2,OtM) 5.000 10.000 1,000 3,000 14.361 i1420 35.0 Page 8 conttnuEd...
NOTES TO THE Fll¥ANCIAL STATEMENfs-eoThtinuwJ FOR THE ITARENDED 31 DECEMBER 2025 COMB FROM ACThryIES. tontitiued 2025 2024 BrouthtfoThvard Dullfellt)lineRotary Ctub BleanorRathbotte Trnst Fi)llthJllFoundation TheF(*e Fresh ttaf Foundation Gibbs C]witabe Trust tn0X Hannty Chatitsble TTilSt Thekn Askew Cbaritsble TTUSt TheNSTDevelopnJeJJt TLWSt PatNernTnan Trust ThePeEer Stebbingsmemorial Tn TheRainford Th TheRo3£lle TnTSt Th¢SMB Thst E Slater (%aritable Seltlernent N Smith Ch2rit&ble S¢tttemcttt The Souter C[ritable Trnst The SitnyFoJniiyFoundation Strath5pe> Charitsbl¢ Tn]st CB & HH Taylor 1984 Trusl Travers s1th 35,IM)O 15,000 7,743 11,020 iooo 10 3?,IXIO 438 500 1,250 8,5 1688 I,5) li.l)JO 1.020 ioix) 961 1.250 92,243 98,087 tn addition th¢ followns grants havebeea deknd 106. 2024 1he Peter Stebbings Mettloxi Trllst CB & HH Todor 1984 Tht The Fore Fo]bill Follndation TheDulvertonTDJst Fsh Leaf FoundafiDn BoreholeKiÉLii- llldtyidual donation5 Dakri ChaThtabl¢ TTUSt Pat Tn$ Bryan Guin&4s Charitable Trust 8,500 2,000 13,361 20,619 20,0(M) IQ561 26,377 30,922 14.458 100 1250 1.600 Page 9
RAISING FUTURES KENYA NOTESTO THE FINANCIAL STATEL¥(iNT8. continued E TrTAR ENDED 31 DECEMBER2025 CHAIABLE ACTivIfiES COSTS Direct Costs a)aritable activities Administration OveTheads Support costs 134,708 11.170 1.028 1747 149,653 TRUSTEES, REMUNERATiof4 AI¥D BETr4EFrrs Ther# were no tsu*e$' tEmuneralion or other benefits for the yéar ended 31 December 2025 nor for thB ?ear endoj 31 December 2024. Tru5tee5' eJpen5e5 There wut tLO trustecs, cxycnscs paid for the y•r ¢nda 31 Dtc¢mber 2025 nor for th¢ year cllded 31 Demb¢F 2024. STAFF COSTS Staffcosts duringtho yearwere gs follows: 2025 2024 Wages ad salaries Nationa] ittsur3nte contrilxttions- Égrtployer Pension contributions- ¢mploycr Statutory maternity pay Employmen¢I0Dfj¢ 90,480 10,151 1192 (8373) 70,377 6,008 1,858 Average numberof employee5 No employees ye1Ved remtation in excess of£60,(th {2024: ne).. The trltsteeg coJsider its key tllallagetllent petwnDel to be the ttustees. No ¢mphyment b¢nefjts iyere paid kn the key manag¢ment p¢rsollt)el. COMPAIIATTrIS FOR THE STAT£MENf OF EINANCL4L AcfiviTIKS Unrtstricted fijnd Restricted fLfftds T(ts ]NCOTrI IE AND ENDOWMEP4Tr FROfvI Donations and lesacies 89,123 240 89,363 Charitable aetiTruties ChaTitabl¢ activiti¢s 98.087 9&087 Othertrading activilio5 Jnv&gellt income 32J74 703 32J74 703 121200 98,327 220,527 Pase 10 Contltll...
RAISING FufuRKS kTNYA N(YfEsTO THE FINALYCL4L STATKLKENTS- ctsntsnurd R THE YEAR ENDED 31 DECEMBER2025 COI4(PAIIATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- £ontiRu unstrIc&d Restricted fi]nd funds Lmds EXPENDITURE QN Rklsing funds 40233 40.233 CknritableactAVitias ChaFitabk actiwiftes Admi#istr3tion Overheads Support costs 29547 9,850 1,830 1890 141,285 170,832 9,850 1830 1890 Toknl 84.350 141.285 225,635 NET INCOMWATENDITURE) Trnnsfers behveen funds 37.850 {24,837) (41958) 24,837 (5,108) Net mov£ment in tulld5 13,013 {18,121) (5,108) RECONCILIATION OF FUNDS Total fimds broughtfornyfittt 92,655 18,121 110,776 TOTAL FUls CARRIED FORWARD 105.668 105.668 ID. INDKPENDENTEXAMINATION Support c(xt5 include £1,440 in reSct to the JndependentExaminatiDn for21)25. ii. CREDITORS: AMOIJNTS FALLINC DUE WITlqll¥ OINE YEAR 2025 Socia] securityand othe¥tLx& Othercredikns Aecnllls Defexredsiants 1.288 455 1,440 86J08 1664 697 1,440 70,549 89,691 75,350 12. Net Trallsfers At 31.1225 At 1.1.25 in funds fidS nro4trkted funds General fijnd 105,668 {471) {548) 104,649 Re5trithd funds Kariti Asribusiness (548) 548 TOTAL FLN)S 105.668 (1.019) 104,649 Pa8¢ 11 corrtinued...
NOTESTO THE FJTrIANCLIL sfATELKKNTS- CDlltinu FI)R THE ITARENDED 31 DECEMBLR2025 12. MOVEMENT JN FUNDS- continwed Net njovemertin d$. in¢lud¢dill the aEove atf as foljows". Iucomillg Resourccs ¢xpended Moven)ent Unrestrided fwids General fimd 99,189 (99.660) (471) Restricted fitnds Secd of Hopc Kariti AgriSinesS Borehol¢Kitui KenytFullthziger iiol¢ KaritiKiicbe 48,6fAS [48,6() (548) (26.169) (7.743) (11,020) (548) 26,169 7.743 11,020 93,598 (94.146) (548) 191787 (193,806) (1,019) Cornparytives formoveDJe]rt ID fidS Net In()vement infimds Transfers Al 11.1224 At 1.1.24 fimd8 Unre5trict¢d filnds Gclleral fjjnd 91655 37,850 124,8371 105,668 Restritted fuuds Seedof Hor NaipJbi Build K&7ti A8rÉbusiness (11343) 29,164 1.300 {41,089) (824) {1,045) 53.432 (28.340) (255) 1&121 {41958) 24.837 TOTAL FUNDS 110,776 (5,108) 105,(68 Page 12
NOTES TO ThE FINANCIALSTATEhffNTS- eontinued FOR THE YEAR ENDED 31 DECEMBER 2112S IL TrtOVELIIENflly Iiup41)S. eontitsued Comparotivenetmovement in fimd& included illthe th)Ye are &8 follows: Incoming Resour Movemellt iti fuuds Unrestritted fllnds 122,200 (84,350) 37,850 Restricted funii% Seed ofHope Nairobi Build Kariti 1bUsI1s5 Kenya FundraiwRole 81.149 16,740 (122,238) {17,564) (1,045) {438) 141,089) (824) (1,045) 438 98,327 (141,285) 142,958) TOTAL FUNIIS 220,527 (225,635) 15,108) The pur@ose of eacb trictedfUndTrY5 as follows: l.Se¢d of Hope- Forth¢ Seed of Ebpe v¢xational trdining and edwatloThpiojt in Kenya(stwd ev¢tyyear). 2.Nairobi buÈld - For the eonstrnctioll and equippit]g of a new trainillg eontro iti Nairobi (to be spent in 2023, 2024). 3KenyaFutthiserRole- Grantfor a SJndTriser staff p051tion inK¢nya (to be sp¢nt in 2ff14, 2025 aTKt2026). 4.Kartii A8ribusiness-Trainillgprojecton agricultuty inKariti Seedof Hope centre(to be spentin 2023. 2024). 5.Borehole Kityi-BuiIdits &lM)thle in Kilui (to be spentin 2Q24. 2025). 6X&iti Kitchell- To bufid and equip akitcheninKariti Seed ofHopeKit¢hen (to b¢ sr¢nt in 2025). 13. RELATED PAi¥fY DYSCLOSURES Durins the year tILe charity en8a8ed the services of Sam Pttry Daily BrEad Consultancy to PErtom nKvketillg work atnouDtingto £2340 {2024: £1260). so P¢rry is the huSbd0£ DetRuss¢U a tLusLY¢ of the ciwity. Page 13