**FUNZI AND BODO TRUST (CIO) UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
**CHARITY NUMBER 1189159**
## **FUNZI AND BODO TRUST (CIO)**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
|CONTENTS|Page|
|---|---|
|Report of the Trustees|1 - 4|
|Independent Examiner's Report|5|
|Receipts and Payments Account|6|
|Statement of Assets and Liabilities|6|
Page 1
## **FUNZI AND BODO TRUST (CIO)**
## **TRUSTEES ANNUAL REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 December 2023.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered charity name Funzi and Bozo Trust (CIO) Linked charity name Funzi and Bozo Trust Charity registration number 1189159 Linked charity registration number 1120194
## **THE TRUSTEES**
The trustees who served during the year were as follows:
**Mr Ashley Peatfield Mrs Janet Clark Mr Edward Knight Mrs Sara Peatfield Mr Steven Smith Mr Phil Dean Mr John Patrick**
Bankers
Bank of Scotland PO Box 1000 BX2 1LB
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
The organisation is managed by the Trustees in accordance with the constitution dated 22 April 2020.
## **Appointment of Trustees**
The trustees named above have served throughout the period. Appointment of trustees is governed by the Constitution.
## **OBJECTIVES AND ACTIVITIES**
The Charity's objectives are to promote and protect the physical and mental health of those living in Funzi and Bodo and the surrounding areas in Kenya through the provision of financial assistance, education and practical advice. To develop the capacity and skills of the socially and economically disadvantaged communities of Funzi and Bodo and the surrounding areas in Kenya in such a way as they are better able to identify and help meet their needs and to participate more fully in society. To improve the education and training of the residents of Funzi and Bodo and the surrounding areas in Kenya in order to improve their conditions of life. Relief of poverty in Funzi and Bodo and the surrounding areas in Kenya.
Page 2
## **FUNZI AND BODO TRUST (CIO)**
## **TRUSTEES ANNUAL REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
## **ACHIEVEMENTS AND PERFORMANCE**
## **Review of Activities**
This has been a good year for the Funzi and Bodo Trust. It has enjoyed a stable financial position with growth and development in projects which offer a sustainable future. This has been most notable in the pilot of its farm school which seeks to teach people how to grow a diverse range of fruit and vegetables to boost nutrition and create family incomes. We are now in a position to expand to a fullscale project in the year ahead. We have also increased the number of regular donors to the charity which has been achieved through more speaking engagements and we have sustained our business sponsorship too. We continue to be challenged by the war in Ukraine which has escalated food prices beyond the pockets of many people in the villages. This has meant we have had to sustain our school feeding programme at a cost of over £10,000 a year – money we had not budgeted for or planned to spend. Another challenge to our finances has come in the form of our second-hand clothing collections which helped us maintain our work through tough covid years when fundraising in other ways was limited and business support fell away. Prices for clothes have fallen because of conflict around the world and the loss of markets. The money raised is still significant, but we must expect less income from this part of our fundraising in the years ahead. We are already finding alternative ways to fill this gap through grant applications. Our team on the ground in Kenya continues to work well and demonstrates great cohesion and purpose. We have a stable management team, and they demonstrate accountability and leadership of a strong team.
## **Education**
We are maintaining our close relationship with the two schools we built. We have enhanced their library facilities, are supporting a new computer training room in Funzi, continue to fund teaching support assistants, have improved access to clean drinking water and look after the maintenance of the school buildings. We also launched a pilot farm school at Funzi school where children can learn to grow fruit and vegetables. This has also happened at Bodo Primary. This year Bodo Primary beat exam averages in national tests. We have also provided 1500 meals to school children every week in the face of hunger and malnutrition. This service has also boosted attendance at both schools. We continue to fund young people through college, polytechnic and University courses and we are planning a careers day next year to stimulate more interest and greater awareness of work opportunities through education. As a charity we remain committed to the idea that education will be a major route to the eradication of poverty as people earn more and can support their families. One challenge ahead is the upgrading of the primary schools to comprehensive schools. This means pupils stay a year longer in school. However, the Government hasn’t matched this expectation with funding. Funzi faces the biggest challenges, and we have started to convert a cook house into an extra classroom. Both schools need science labs too to meet new curriculum requirements. Bodo looks set to get funding, but Funzi will not. We are looking at whether we can help but this is a major funding challenge.
## **Medical**
Our two clinics continue to thrive with significant attendance on the seven days a week we are open. We have a strong and stable medical team of two nurses and a lab assistant who identifies diseases like Malaria and HIV. They work in partnership with visiting Government medical teams who deliver baby growth monitoring and other services from our clinics. Our clinics receive regular inspections from Government officials and our clinics are regarded as being of a high standard.
_Continued_
Page 3
## **FUNZI AND BODO TRUST (CIO)**
## **TRUSTEES ANNUAL REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Review of Activities** _(Continued)_
## **Medical** _(Continued)_
We have also continued to fully or partly fund medical treatment for people with illnesses like cancer and heart disease. We also support those with continuing conditions like sickle cell. We have developed our physiotherapy services at our purpose-built centre.We now offer occupational therapy to adults as well as physiotherapy to babies and children. We have invested in new equipment to facilitate this too. Both our clinics offer sexual health advice and support in an area where teenage pregnancies continue to be high. We provide free contraception to men and women. The daily medical service offered by these facilities form a key part of our work and they will remain central to our charity in the future. In the year ahead we will be developing a new data protection policy for the clinics in line with new Government requirements in Kenya.
## **Eradication of Poverty**
We continue to support enterprises which give people a sustainable source of income. This is achieved through interest free loans for groups and individuals who are starting or can expand their small business. This year examples have included a carpenter who was able to buy equipment which enabled him to get a government contract for school desks. This made it possible for him to employ more people. We have also supported our seaweed farmers with a request to buy new equipment. However, the greatest step forward has come through our pilot of a new arable farm school. This is a direct response to the hike in food prices caused by war in Ukraine, increased malnutrition among children and a desire to find new ways of helping people to become self-supporting in the long term. It has resulted in people growing a wider range of fruit and vegetables which will enrich their diets and also give them excess crops they can sell to boost their family incomes. We also aim to create a knowledge base about farming from school children through to adults. The charity will be aiming to provide seeds, plants and tools and expert support and advice and in the next reporting period will develop this project significantly. This project also demonstrates the resilience of the charity. It had to close its chicken farm because grain prices kept rising because of the war in Ukraine. Instead of abandoning the buildings it had invested in it has converted them into special growing spaces for this new project.
As explained in our education section of this report we also believe our investment in education and skills will also be a major driver in the eradication of poverty in the future.
## **Conclusion**
The Funzi and Bodo Trust remains a small but highly effective provider of services to the two villages. It has worked effectively with villagers for nearly 20 years and continues to develop and expand to meet their needs. It has growth plans for the year ahead and a plan for finding new sources of income. It remains stable and the work of its trustees and supporters enables it to be ambitious and confident for the future.
Page 4
## **FUNZI AND BODO TRUST (CIO)**
## **TRUSTEES ANNUAL REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Financial Review**
The financial statements for the year shows income £123,169 compared to £191,396 in 2022. Total expenditure amounted to £123,199 which, after adjusting for exchange rate variances, still left reserves to carry forward to future years of £131,033.
## **PLANS FOR FUTURE PERIODS**
The priority of Funzi and Bodo Trust is to continue to provide the facilities described above.
Contact Address Signed by order of the trustees Flat 2 Cranbourne St Andrews Avenue Morley Leeds ASHLEY PEATFIELD LS27 OJU
10 September 2024
Page 5
## **FUNZI AND BODO TRUST (CIO)**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FUNZI AND BODO TRUST (CIO)**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
I report on the Receipts and Payments Account and Statement of Assets of the charity for the year ended 31 December 2023.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
· examine the accounts (under section 145 of the 2011 Act, as amended);
· to follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act, as amended); and
· to state whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER'S STATEMENT**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **INDEPENDENT EXAMINER'S STATEMENT**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:
· proper accounting records are kept (in accordance with section 130 of the Act ); and
· accounts are prepared which agree with the accounting records, comply with the accounting requirements of the Act: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M Brooks ATT Independent examiner
40 Moss Green Lane Brayton Selby YO8 9EN
10 September 2024
Page 6
## **Funzi & Bodo Trust (CIO)**
## **Receipts & Payments Account**
**for the year ended 31 December 2023**
|_Notes_
**Receipts**
Clothes Donations
Standing Order donations
Other donations
Gift Aid
Just Giving
Xmas Carvings
Fundraising
Micro Finance Rep'ts
Chicken Project Egg Sales
Clinic Funds
Kenyan Savings Account Interest
Kenyan Bank Interest
**Payments**
Wages (incl Tax)
NSSF/NHIF
Fares/Lunches
Funzi/Bodo Village
Funzi/Bodo Clinics
Funzi/Bodo schools
Resource centre/Office
Medicines
Other Medical/Hospital
Electricity/Solar Panels
Stationery & Postage
Mobile phone/Internet
Boat
Car
Flight and travel costs
House
Chicken Project/Trial Farm School
Youth Training
Occupational Therapist
Micro Finance Funding
Bank charges
Acct'y Fees
Insurance
IT Support
Sanitary Pads Project
Just Giving Charges
Fundraising Costs
Consultancy Fees
Kenyan Withholding Tax
Care and Cure/Orion
Chicken Farm (Capital)
Chicken Farm Transfer
Bodo Toilets Project
**Net receipts / (payments)**
Exchange Rate Variance
Balance brought forward
**Balance carried forward**
Statement of Assets and Liabilities
Made up of:
UK bank account
KS bank
KS bank management
KS savings account
KS cash
KS Bank Transfer A/C|Unrestricted
Restricted
Total
Previous year|
|---|---|
||33,423
-
33,423
34,159
21,748
-
21,748
27,679
27,983
-
27,983
97,638
6,708
-
6,708
15,375
3,655
-
3,655
3,911
285
-
285
170
10,453
-
10,453
3,100
949
-
949
537
11,075
-
11,075
-
3,742
-
3,742
6,304
3,110
-
3,110
2,475
38
-
38
48|
||**123,169**
**-**
**123,169**
**191,396**|
||21,225
-
21,225
28,396
1,862
-
1,862
955
2,473
-
2,473
5,563
3,292
-
3,292
4,812
4,338
-
4,338
3,382
13,223
-
13,223
25,210
702
-
702
2,286
8,704
-
8,704
-
4,664
-
4,664
6,522
215
-
215
85
722
-
722
329
242
-
242
411
3,963
-
3,963
5,990
4,064
-
4,064
7,311
2,872
-
2,872
8,437
3,343
-
3,343
3,242
30,178
-
30,178
332
5,058
-
5,058
4,149
4,442
-
4,442
2,195
1,286
-
1,286
509
166
-
166
130
860
-
860
1,252
427
-
427
-
289
-
289
290
395
-
395
211
216
-
216
202
1,859
-
1,859
494
2,113
-
2,113
477
6
-
6
64
-
-
-
8,419
-
-
-
3,945
-
-
-
17,093
-
-
-
12,688|
||**123,199**
**-**
**123,199**
**155,381**|
||(30)
-
(30)
36,015
(9,467)
-
(9,467)
1,238
140,530
-
140,530
103,277|
||**131,033**
**-**
**131,033**
**140,530**|
||28,558
43,375
5,193
45,858
531
7,518
131,033|