Trustees’ Annual Report for the period
From 12 June 2024 To 11 June 2025
Charity name: The Kajatawa Foundation
Charity registration number: 1184248
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | 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 the trustees may in their discretion think fit. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
In furtherance of the charity’s objects for the public benefit the trustees provide grants. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
1
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the year under review the charity made 24 grant awards to 10 institutions totalling £177,000. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
2
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | In addition to the free reserves the charity has cash balances of £15,231 (2024: £20,723) and investment assets of £2,380,436 within the expendable endowment fund which can be released to support the activities of the charity. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | 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. |
| Amount of reserves held | Para 1.22 | At the end of the reporting period the charity had free reserves amounting to £134,137 (2024: £130,976). |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | No funds in deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
3
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed dated 11 June 2019 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the settlors or their survivors during their lifetimes and subject to this the trustees from time to time. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | No trustee received any remuneration or was reimbursed any expenses in the year under review. TLT Trustees Limited was paid £4,868 (2024: £6,892) for trust administration services during the year under review. |
| Other |
Reference and Administrative details
| Charity name | The Kajatawa Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1184248 |
| Charity’s principal address | TLT Solicitors 1 Redcliff Street Bristol BS1 6TP |
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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 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| James Edward Ashton |
(Settlor) | |||
| Kay Elizabeth Ashton |
(Settlor) | |||
| TLT Trustees Limited |
(Corporate Trustee) | |||
– Corporate trustees names of the directors at the date the report was approved
| Director name | ||
|---|---|---|
| Jacob Cork | appointed 19 September 2024 | |
| Deborah Gale | ||
| Benjamin Stuart James | ||
| John Bennett Wood | ||
| Natalie Katrina Drew | resigned 3 September 2025 | |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
5
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
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 Manager | Coutts & Co | 440 The Strand, London, WC2R 0QS |
| Banker | Coutts & Co | 440 The Strand, London, WC2R 0QS |
| Solicitor | 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)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
6
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s)[Deborah Gale ] Position (eg Secretary, On behalf of TLT Trustees Limited Chair, etc) (Trustee) Date 07 April 2026
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Charity Name No (if any) The Kajatawa Foundation 1184248 Receipts and payments accounts CC16a For the period Period start date Period end date To from 12 June 2024 11 June 2025
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - - 42,832 2,442 - - - - 45,274 - - - 45,274 177,000 - 660 4,868 - - - - - 182,528 - - - 182,528 (137,254) 140,415 130,976 134,137 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - 1,697,089 - 1,697,089 1,697,089 - 12,781 - - - - - - - 12,781 1,549,385 - 1,549,385 1,562,166 134,923 (140,415) 20,723 15,231 |
Total funds to the nearest £ - - 42,832 2,442 - - - - 45,274 1,697,089 - 1,697,089 1,742,363 177,000 12,781 660 4,868 - - - - - 195,309 1,549,385 - 1,549,385 1,744,694 (2,331) |
Total funds to the nearest £ - - 42,832 2,442 - - - - 45,274 1,697,089 - 1,697,089 1,742,363 177,000 12,781 660 4,868 - - - - - 195,309 1,549,385 - 1,549,385 1,744,694 (2,331) |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Addition to trust | - | |||||
| Gift aid received | - | |||||
| Income from investments | 42,832 | 63,137 | ||||
| Income from bank interest | 2,442 | 2,781 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
45,274 | 65,918 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| Sale of investments | - | 1,969,598 | ||||
| - | - | |||||
| Sub total | - | 1,969,598 | ||||
| Total receipts A3 Payments |
||||||
| 2,035,516 | ||||||
| Grants awarded | 177,000 | 228,800 | ||||
| Inv mgmt and admin | - | 11,844 | ||||
| Independent examiner | 660 | 1,560 | ||||
| Trust administration | 4,868 | 6,892 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 182,528 | 249,096 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| Investmentpurchases | - | 1,833,771 | ||||
| - | ||||||
| **Sub total ** | - | 1,833,771 | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 2,082,867 | ||||||
| (137,254) | - | 134,923 | (2,331) | (47,351) | ||
| 140,415 | - | (140,415) | - | - | ||
| 130,976 | - | 20,723 | 151,699 | 199,050 | ||
| 134,137 | - | 15,231 | 149,368 | 151,699 |
CCXX R8 accounts (SS)
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| 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 | |
|---|---|---|---|
| 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 examination 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 £ - - 125,420 - 8,717 - 134,137 - 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 2,983 Unrestricted 960 - - - Print Name Deborah Gale On behaf of TLT Trustees Limited |
Endowment funds to nearest £ |
| 15,231 | |||
| - | |||
| - | |||
| 15,231 | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| 2,380,446 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Deborah Gale On behaf of TLT Trustees Limited |
07 April 2026 |
CCXX R9 accounts (SS)
9
Section C Notes to the Accounts
C1 Nature and purpose of funds (may be Expendable endowment funds are those which are required to be invested to produce income but which may be stated on analysis of funds worksheets) transferred to unrestricted funds at the discretion of the trustees in order that they may be expended in furtherance of the charity's objectives.
Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
| C2 Grants to institutions Recipient (1 unless stated/UK unless stated) Build It International Crisis UK Doorstep Reg Jesus College 2 payments Marafiki Trust 11 payments Money for Madagascar 3 payments Project Luangwa Re-Cycle Tusk Trust Limited 2 payments World Land Trust |
£ 12,500 10,000 3,000 17,500 11,000 12,500 7,500 3,000 92,500 7,500 |
|---|---|
| 177,000 |
C3 Related party transactions
No trustee received any remuneration nor reimbursed any expenses in the year under review.
TLT Trustees Limited, a trustee of the charity, were paid £4,868 for administrative services during the period under review. These fees are authorised under clause 6 of the trust deed.
CCXX R10 accounts (SS)
10
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 2025 as set out on pages 8 to 10.
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:
- 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.
Geoffrey Frost FCA Date 07 April 2026 Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY
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