MSAADA MARAFIKI (RCN 1185191)
Report and Financial Statements For the year ended 31 December 2024
Charity Information
Board of Trustees : Yachna Tak : Martin England : Jemima Fox : Jonathan Marlow Registered Address : Flat 15, 4 Adelaide Mansions Hove, East Sussex, England BN3 2GT Banking Facilities : Barclays Bank Charity Account : Tunbridge Wells, Leicestershire, England : LE87 2BB : Account number 43947106
Trustees Report
The trustees have reviewed and approved the income and expenditure account for the year ended 31 December 2024, which disclose the state of affairs of the trust.
Principal Activity
The principal activities of the charity is that of raising funds for educational and maintenance support and allocation of these funds to students in Kenya based on the trustees’ assessment and discretion.
Business Review
The year ended 31 December 2024 was the fourth period of account for Msaada Marafiki and therefore the trustees had a comparative from the previous year. It was noted that during the period the donation income had increased on the previous year and that Gift Aid claims need to be reviewed. Expenditure fell during the year. Consequently, the bank reserves to carry forward on 31 December 2024 were up.
Trustees
The trustees who held office during the period were Yachna Tak, Martin England, Jonathan Marlow and Jemima Fox.
Location
Msaada Marafiki is registered in the UK and is resident in the UK.
Accounts
The enclosed income and expenditure account was prepared and completed by trustee Jemima Fox, who has the relevant experience and qualifications in accounting and finance. It was noted that the donation income for the year ended 31 December 2024 did not breach the £25,000 threshold and therefore a professional, third-party accountant was not required. It is anticipated that the threshold will not be breached for the year ended 31 December 2025 either.
Statement of Trustees’ Responsibilities
The trustees are required to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the trust at the end of the financial year and of its results for that year. The trustees are also required to ensure they keep proper accounting records that are sufficient to show and explain the transactions of the trust; and that disclose, with reasonable accuracy, the financial position of the trust and that enables them to prepare financial statements. The trustees are also responsible for safeguarding the assets of the trust and for taking reasonable steps for the provision and detection of fraud and other irregularities.
The trustees are of the opinion that the financial statements give a true and fair view of the financial position of the trust as at 31 December 2024 and of its financial performance.
Approved by the board of trustees on ________ 2025 and signed on its behalf by:
_____ ____ TRUSTEE TRUSTEE
____ ___ TRUSTEE TRUSTEE
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2024
| Donation income Amazon Smile Charities Aid Foundation (CAF) Gift Aid Tax Reclaim Total Income Donation expenses School fees Food and maintenance Books and uniform Orphanage support Transport and other Banking charges Website costs Surplus/(Deficit) for the period |
2024 GBP 5,025 - - - 5,025 737 430 299 279 255 21 - (2,021) 3,004 |
2023 GBP 1,270 112 - - 1,382 1,763 656 273 60 248 21 86 (3,107) |
|---|---|---|
| (1,725) |
Movements in cash and cash equivalents
| Cash at bank and in hand at start of the period Increase in cash at bank and in hand Closing balance at the end of the period |
3,106 3,004 |
|---|---|
| 6,110 |