## **Trustees' Annual Report for the period**
||Period start date|Period start date|||Period end date|Period end date||
|---|---|---|---|---|---|---|---|
||Day|Month|Year||Day|Month|Year|
|**From**|11|June|2020|**To**|11|June|2021|
## Section A Reference and administration details
## **Charity name** The Kajatawa Foundation
**Other names charity is known by Registered charity number (if any)** 1184248
|**Charity's principal address**|
TLT Solicitors|
TLT Solicitors|
|---|---|---|
||1 Redcliff Street||
||Bristol||
||**Postcode**|BS1 6TP|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||James Edward
Ashton|(Settlor)|||
||Kay Elizabeth
Ashton|(Settlor)|||
||Coutts & Co||To 28 June 2021||
||TLT Trustees
Limited||From 28 June 2021||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
**TAR**
March **2012**
1
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**Investment Managers**|Coutts & Co|440 The Strand, London, WC2R 0QS|
|**Bankers**|Coutts & Co|440 The Strand, London, WC2R 0QS|
|**Solicitors**|TLT LLP|One Redcliff Street, Bristol BS1 6TP|
|**Independent Examiner**|Geoffrey Frost|Blue Spire Limited, Cawley Priory, South Pallant,
Chichester, West Sussex, PO19 1SY|
**Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Trust deed dated 11 June 2019 Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted
- (eg. trust, association, company)
Trustees are appointed the settlors or their survivors of them during their Trustee selection methods lifetimes and subject to this the trustees from time to time. (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.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
The objects of the Trust are to further apply the income, and all or such parts or parts of the capital, at such time or times and in such manner to, or for the benefit of such charities or such exclusively charitable purposes according to the law of England and Wales in any part of the world as he trustees may in their discretion think fit.
**TAR**
March **2012**
2
In furtherance of the charity’s objects for the public benefit the trustees provides grants. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.
**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)**
**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.
**TAR**
March **2012**
3
## Section D Achievements and performance
**Summary of the main** During the year under review the charity made 7 grant awards to 6 **achievements of the charity** institutions totalling £43,000. **during the year**
**TAR**
March **2012**
4
## **Section E Financial review**
## **Brief statement of the**
**charity’s policy on reserves**
At the end of the reporting period the charity had free reserves amounting to £20,907 (2019: £7,078).
In addition to the free reserves the charity has cash balances of £157,576 (2019: £497,424) and investment assets of £2,136,047 within the expendable endowment fund which can be released to support the activities of the charity.
The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks.
## **Details of any funds materially in 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.
## **Section F Other optional information**
## **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)**[Patrick Wooddisse ] On behalf of TLT Trustees Limited **Position (eg Secretary, Chair, etc) Date** 17 February 2022
**TAR**
March **2012**
5
|**Charity Name**|**No (if any)**|||
|---|---|---|---|
|**The Kajatawa Foundation**|**1184248**|||
|**Receipts andpayments accounts**|||**CC16a**|
|**For the period**
**from**
Period start date
11 June 2020|**To**
Period end date
11 June 2021|||
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**-**
**-**
**24,297**
**32**
**-**
**-**
**-**
**-**
**24,329**
**-**
**-**
**-**
**24,329**
**43,000**
**-**
**780**
**-**
**-**
**-**
**-**
**-**
**-**
**43,780**
**-**
**-**
**-**
**43,780**
**(19,451)**
**33,280**
**7,078**
**20,907**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,374,403**
**-**
**1,374,403**
**1,374,403**
**-**
**23,942**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**23,942**
**1,657,029**
**-**
**1,657,029**
**1,680,971**
**(306,568)**
**(33,280)**
**497,424**
**157,576**|**Total funds**
**to the nearest £**
**-**
**-**
**24,297**
**32**
**-**
**-**
**-**
**-**
**24,329**
**1,374,403**
**-**
**1,374,403**
**1,398,732**
**43,000**
**23,942**
**780**
**-**
**-**
**-**
**-**
**-**
**-**
**67,722**
**1,657,029**
**-**
**1,657,029**
**1,724,751**
**(326,019)**|**Total funds**
**to the nearest £**
**-**
**-**
**24,297**
**32**
**-**
**-**
**-**
**-**
**24,329**
**1,374,403**
**-**
**1,374,403**
**1,398,732**
**43,000**
**23,942**
**780**
**-**
**-**
**-**
**-**
**-**
**-**
**67,722**
**1,657,029**
**-**
**1,657,029**
**1,724,751**
**(326,019)**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Addition to trust|**-**|||||**1,600,000**|
|Gift aid received|**-**|||||**400,000**|
|Income from investments|**24,297**|||||**22,644**|
|Income from bank interest|**32**|||||**934**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**24,329**|||||**2,023,578**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
|Sale of investments|**-**|||||**541,107**|
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**541,107**|
|**_Total receipts_**
**A3 Payments**|||||||
|||||||**2,564,685**|
||||||||
|Grants awarded|**43,000**|||||**36,500**|
|Inv mgmt and admin|**-**|||||**19,030**|
|Independent examiner|**780**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**43,780**|||||**55,530**|
||||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||||
|Investmentpurchases|**-**|||||**2,004,653**|
||**-**||||||
|**_Sub total_ **|**-**|||||**2,004,653**|
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||
|||||||**2,060,183**|
||||||||
||**(19,451)**|**-**|**(306,568)**|**(326,019)**||**504,502**|
||**33,280**|**-**|**(33,280)**|**-**||**-**|
||**7,078**|**-**|**497,424**|**504,502**||**-**|
||**20,907**|**-**|**157,576**|**178,483**||**504,502**|
CCXX R6 accounts (SS)
6
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Endowment**
**funds**
**to nearest £**
**42,576**
**115,000**
**-**
**157,576**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**2,136,047**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
17 February 2022|
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Signature
Inv mgmt and admin
Independent examiner
**Details**
**Details**
**Details**
Investment portfolio
**Details**
(agree balances with receipts and payments
account(s))
**Details**
Capital account
Reserve account
Income account
**_Total cash funds_**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**20,907**
**-**
**20,907**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Endowment**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
Endowment
**5,230**
Unrestricted
**780**
**-**
**-**
**-**
Print Name
Patrick Wooddisse
On behaf of TLT Trustees Limited||
CCXX R7 accounts (SS)
7
**Section C Notes to the Accounts**
|**Section C Notes to the**|**Accounts**|**Accounts**|
|---|---|---|
|**C2 Grants to institutions**
**C3 Related party transactions**
**C1 Nature and purpose of funds**_(may be_
_stated on analysis of funds worksheets)_|Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charityand which have not been designated for otherpurposes.
Expendable endowment funds are those which are required to be invested to produce income but which may be
transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance
of the charity's objectives.||
||**Recipient (1 unless stated/UK unless stated)**
Crisis UK
Global Greengrants Fund UK
Jesus College Cambridge
2 grants
Marie Curie
Money for Madagascar
Tusk Trust Limited|**£**
10,000
5,000
17,500
2,500
3,000
5,000|
|||43,000|
||||
||No trustee received any remuneration nor reimbiursed any expenses in the year under review.
During the year under review Coutts & Co, a trustee of the charity, were paid fees for the provision of
administration and investment management services amounting to £23,942 (2019: £19,030) as authorised under
clause 6 of the trust deed.||
CCXX R8 accounts (SS)
8
## **Independent Examiner's Report to the Trustees of The Kajatawa Foundation**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 11 June 2021 as set out on pages 6 to 8.
## **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 charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
17 February 2022 Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
9