CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 1st August 2023 Period Start date To 31st July 2024 Perlod end dat• Charlty nam•.' FUTURE OF TARU Charlty regl8tratlon numb•r: 1184640 Objoctlvos and Activitie8 Summary of the purposes of the charty as 881 out in ils goveming document Pwa1.17 Th• advanc•m•nt of •ducatlon and th? rellel of poverty, and lor other purpos01 benellclal to the communlty and In partlcular, but not excluslvely, for thg followlng obJectlve•: The •ducatlon of dludvantsged glrfl and bo￿ In Konya by the èstsbllshmènt of a ichool, and tho provlllon olfood for the chlldren In th• •chool Future ol Taru Is •upportlng chlldrnn and thelr famllles In tho small town of Taru, Kènya, •0 that they c•n •¢co88 offordabl• or •ponsornd educatlon, and havo healthy 8taple meal oach school day, whlch In tum •upport• thelr famllle• and Ihelr futurns To ¢onflrni thal all Tru•tee• have had regard to thè guldanGe l••u¢d by tho Charlty Commlsslon on publlc b•n•f and thli guldance l• con•lder•d In all declslona made Summary ol the main activities in relation lo those purposes foi the public benefft, in particular. the activities, prolects or servic88 Identified In the accounts. P•rn1.17and 1.19 Statement confirming whether the trusteès ha had regard to the guhlance issued by the Charity Commission on publi benefit Pw• 1.18 Addltklnal Inf0M￿tIOfi (optlonal Youm choose to include further stalemenls where relevant about.. Future of Taru does not m•ke grants to other organtsatjom or ¢h•rltle• PoI￿Y on grant making Par• 1.38 Policy on social investment including program related investment P•r• 1.38 All of Future of Taru Trustees arn voluntsern, and wè thank them for thelr support. advlce, and commltment to th• cause Par• 1.38 Contribution made by volunteers Other Achievements and Perfomiance SORP nlwnt Future of Taru has contlnued to grow, desplte tho flnan¢lal challenges of grants bolng harder to come by, and a ￿avIty fluthating exchange rate. Summary ofttte main achievements of the charity, identrfying the diffèrenc8 the charrty's has made lo the circumstances of Its ner￿larieS and any wider benerrts to society as a whole. 1.20 Our pupll count ha• remaln•d at around 600, and our number of puplls spon•orod has also r¢m•lned at around 276. Wè eontlnue to dellver the valvable11 a••ot of educ•tion to all age group• up to Fonn Four In High School. and we ontlnu• to provlde a brnakfasl and luneh to every pupll. We gtrlve to ensuro ￿ hav• the best tèachern wlthln our fln•n¢lal constralnts, who Show contlnuoul Improvoments, and we 8trlv• to provlda th• be•t facllltle• w• po•8lbly can. Furthèr appreclalod donallon• from our supportorn, be It from grants, fundral•lng, or on•-off donatlon8, hav• •nabled us to contlnue to develop th• school In Ilne wlth nace8•ltle• . from purchaslng addltlonal land. to crnatlng a now cla••room and a new kltchen, to bulldlng more de•k• ind buylng text books, to palntlng classrooms. to provldlng more watsr tanks, to fl•tt•nlng land for sportlng aetlvlty. It l• wlth hugo thank• to w¢h and •v•ry supporter that wo have been obl• to mak• th18 Mss In 2023124. Addltlonal Infi)rmatlon lopllonal) You ma choose to include further statements vthere rekvant about: Achievements against objects'ves set P4rn 1.41 Perfomiance of fundralsing activrties against obJ'ectr¥e8 sel Para 1.41 Investrnent perfo￿anCe against objectives Paro 1.41 Other Financial Review Review of the charity's financial position at the end of the period Statement explainlng the policy for holding reserves ststin are held Amount of reserves held Reasons for holding zero reseNes Details of fund materially in deficit Explanation of any uncertaint￿$ about the charty continuing as a going concern Parn 1.31 Our bank balance Is where we expected It to be, and Is acceptsble arnount to cover afl short term issue8 Wo hold mlnlmal rnsèrvès. sticking with our aim to be not-for-proflc thu$ utlllslng funds for th• ood of our aims £6804 Pw¥122 Parn 1.22 Pwa 1.22 P8ra 1.24 Parn 1.23 There are no uncertalntles, however we must ensure that golng forward wè focu8 on 8pendlDg on prlorftles, and we keep a closè eye on the $tste of the exchanofr rates Addltlon•l Infomiatlon loptlonall You ma choose to include further statements where Tebvant about.. Sponsordhlp of puplls, small gr•nts, Glft Ald, fundrnl•lng, onewoff donatlon• The charlty'8 principal sources of funds Ilncludino any fundraising) Parn 1.47 Investrnent policy and obi8clive$ including any social investrnent policy adopted Parn 1.46 Developmènt and fflalntenance of tho school contlnuu to b• a must In ordgr that we contlnuo to provlde the belt for tha pupllA and parents wlK> Put thelr tru•t Inu8 A descnplion of the principal risks facing the charty Par• 1.40 Other Structure, Governance and Managemenl DescriptK)n of charity's trusts.. Type of governing document Para 1.23 consti￿tion. dated 9th July 2019 How 1$ the charity constituted? Para 1.25 Charhablo Incorporatod Org•ni$ation Trustee selection m8thcAIs including details of any conslilutional provisions e.g. ethlion to post or name of any person or body entitled to ap￿int one or more trustee6 P818 1.25 Appolnted by exl•tlng Trnste•s Addltlonal Infomiatlon {optlonal) You ma choose to include further statements vthere relevant about.. Pollcles and proceduTr$ adopted for the inducllon and tralnlng of trustee8 Pwa 1.51 The charty's organlsational structure and any wder nelwork with whkh the charity works P•r• 1.51 Relationshlp with any related parties Pwa 1.61 Other Reference and AdminiBtratlv8 detall8 Cha name Other name the char uses Re istered char number Chafty's principal address FUTURE OF TARU 1184640 45 Seatoller Close, Carlisle, Cumbria, CA2 6LQ. Nam•s ol the charity trustees who manage the Charity D•t•• xt•d If Trot forw1￿1• nan Offl¢e Ilf *)y> N•m• ol p•rnon lor body) •ntitl•d nt tru•ts• Man Paul Moffal Svellana Brown Alison Crouch Chair Mark Mattinson Joanne Cook 10 12 13 14 15 16 17 18 19 20 rate trustee8 - names of the directors at the date th8 re rtwasa roved Dlrnctor nam• Name of trustees holding 1rt181o propety belonglng to the chaTty Trn•t•• nwn• D4te• Yt•d ￿ not l¢xwhol• Funds held as custodian trustses on behalf of others Description of the assets held in this capacity Name and objects of the charty on whose behalf the assets are held and how this falls wthin the cuGtL¥Jian charsty's objects Details of arrangements for safe custody and segregation of such assets from the charty's ijvffl assets Addlllonal Infommtlon (optlonal) Names and addrns$e8 ol advls•rn Ioptlonal Inforni4tlon Typ• of Name Addre advl••r Namo of chl•f •x•cutlvo or names of s•nlor •tsff membern {Optlonal Informatlon Exemptions from d18cIo8ure Reason for non-disclosure of k tsonnel dètsils Other o ional infom)atlon Declarations The trU$t0￿ d￿lar¢ that thoy havo approved the trusts•s' report above. 8lgned on behalf of the charftys trustees Slgnaturnls) Full nan￿8) Posltlon leg Secretary, Chalr, etc Paul Mo 81 Chair Oats CHARITY COMMISSION FOR ENGLAf40 AND WALES FtJrvRE CF TARU 11WIO Recei ts and payments accounts CC16a For th• pwlod 0110812023 31K)7r2024 Soction A Receipts and payments Unro•trtctsd lund• Restricted fund• EndowTnent Tolal fund• th• £ &ilh•Mu••t¢ lh• A￿￿•111 A1 R•¢• 11JAIO F￿draw Sub tots mss ncome ARI A2 A•••t *nd In¥••ty*nt ul••. or 21.110 chwrtBtle•thK4•l￿ •i¢l 210 fLIl I I. Sub totsl 14,7¥2 41,72 A4 A•e•t and Inv••lment urch1￿, $88 tsble School hnd and bulldln 13427 Sub tot•1 iJh27 N•t of r•¢dptW(p•ym•nt8J AS Trnn•f•rn b•t*••n lund• A6 Ca•h fvnd• 1••t￿4r+nd C•sh lund• thls ymr end 4,172 V76 CCXX R1 accwffls Issi Section B Statement of assets and liabilities at the end of the period Unrn•trkt•d Rmtrietsd funds lunds ton•ThtÉ End0￿￿ent fund• 81 C••h fund• Total e•sh lunds 104 sll Unrn•trf¢tsd lund• R••tsl¢t•d Endo￿nI lund8 lund• Details CuTh•fil olails 83 Inw•tm•nt ••••ts Fur￿ to*thlEh 84 A•••t• rnt*ln•d for th• t￿1￿ty,4 own u•0 Unrnstrlctsd td t)trlai15 86 Uablllti S*ned by wor on bthèlf￿ all th8 IfLklté SbJna￿ Print Name D8t8 CCXX R2 aCc￿￿t8 ISS) CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the Irusleesl m•mbers of FUTURE OF TARU On accounts for the year endod 31 JULY 2024 Charlty no (If any) 1184640 Set out on pages 1and2 I report to the trustees on my examination of the a¢￿Unts of the above charity I'th8 Trust.) for th8 y8ar 8nded 3110712024. R8sponslblllt108 and As the charity Irust8es of the TTUSt, you are responsible for the preparation basls of report of the accA)unts in accordance with the requirements of the Charities Act 2011 ('the Art.). reO0rt in ￿$pert of my examination of the Trust's accounts carried out under section 145 of th8 2011 Act and in carwng out my examination, I have followed the applicable Dir8Ctions given by the Charity Commission under section 145{5)(b) of the Act. I hav8 compl8t8d my 8xamlnation. I confimi that no material matters have come to my attention (other than that disclosed below") in conn8dion with the examination which gives m8 cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Actor the accounts do not accord with the accounting records Indepgndent examlnerfs ststement I have no concems and have come across no other matters in connection wrth the examination to which attention should be drawn in order to enable a proper understanding of the a¢¢ounts to be reached. . Ple8se delete the words In rhe bTrckels rfthey do not apply. Slgn•d: Dato: Namo: David Domian Rolovant professlonal quallflcatlon(s) or body (If any): DChA Addro88: 21 North Lane Haxby York Y032 3JR IER October 2018 Sectioii B Disclosure Only complets if the examiner needs to highlight matters of concem (s8e CC32, Independent exarninatlon ol charity ac¢nunts'. dire¢tlor¥s atKI guldancRJ for examiners). Glv• h•ro brl•f d•lall8 of any Items that tho •xamlnor wl$h8• 10 dlsclose. IER Octobor 2018