REGisfERED COMPANY NVMBER: 12819225 {England and Wales) REGISTERED CHARITY NUMBEL. 1192032 NANN.KTRusr (A COMPANY LIMThED BY Gl1ARAPff) REPORT OF ThE TRusfEESAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 102$ HaleY Fowler LLP Chartered Acawntsnts 4th Flo Tultk)n Hc4J 27-37 St George¥ Road Wimbledc London SW19 4EU
NANN-K TRUST (A COMPANY LIMrtED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 P•ge R•leren¢e and AdminlJtrnll¥e D4ts11$ ftert ofth• Trwt••B 2 to 3 Independ•rt Examlner'• R•wt st•tsmert of Flnancl•l AcUvftk• Balance She•t Notrj to the Flnwlal St•tsm•nts 7 trj 10
NANN-K TRusr (A COMPANY LIMrrED BY GUARArirEE) REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR EIIDED 31 MARCH 2025 TRusfEES S N Newrnan- Chr J J Kowalska J B Sauven REGisfERED OFFICE 4th A)rTUitlD House 27137 St George's RoHd WIMbdOn SW19 4EU REGISTER COMPJIY NUMBER 12819225 (Engkind and Wales) REGISTERED CHARITY NUMBER 1192032 INDEPENOEpif EXAMIMER Hardey Fowler LLP Chartered Accountsnts 4th TLlbon Hou 27.37 St f*orye'5 Road WimbOn Londc SW19 4EU
NANN-K TRUST (A COMPANY LIMrrED BY GUARAp¥fEE) {REGisfERED NUMBER: 12819225) REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH X125 The Trustees wtK) are al dirtorS of the tharlty f puryxjses of the Companles 2W6, present their rep with the finantial statements cf the charity for the year 31 March 2025. The TnL4ees have adtyted the pwsions of AccounbTrJ and Repjrung by Chant5.. Ststwnert of Recmed Prte apFlicable to chariUe5 preparing ttir in aCcdae wf(h the Financkil ReFOrtiro Standard applKable In the UK and Republit of Ireland (FRS 1021 leffethve l january 20191, 0OJEcmTrs AND ACTIVThIES ObJecti¥e9 and aims Policie5 and objectives The obieLts of the tharity are to wjrnote sustalnable thvekJprnent aThd werve, cor6eNet pyotett ImpThE the enrnent - amellorat'rwj effets of de5ertificaUon In the Sahel Reg1 rf AfrKa prmk?rf fcLussing (but not lirnlted to) Senegal,. - prrYrK)Ung prudent use ¢rf re9)ur. - prtymung 9JStainable means of aChVIr economic growih and regeneraticii; re1Ing poverty and Impn)vlr6 condith)ns of Ilfe h g)dally and eCOntal d153dvantaged communities; - athanclrvj eduoatK)n In subiKts l.ng to de5ertifKation and more broad SL&alnaÈ devekjpment and the proteLtton, enhancement and habiliJon d rhe envlfonrnent; a - RKh otr purposes as a charftsb In accordance ¥¥lth the laws ol EnGland arnl Wales. The Trust furthws Its tharikble purpc6es for the PLtsllc LEnefit through uTrlertaklng actfvitles dlredty and throwjh makThJ grants to other I)rgantI?, to wpport work, whlch l(usses wlmorty to eThJ Impact of desertification In the Sahel Reglon of Afrfca thr?h erUing c(Thmunltlos In Sahel to combat dlmate change. Tr Trust's work Is envlsaged to Include gjppvrting the $ustsinab u ol natural resource5 lrtILKdlng rewab energy aTrJ famlry, aThJ hd tsxal communlues reore tkiY land iUdIrtg through pbntsThJ trees and naiural regeneratbn. TIE Trustee5 confimi that when plannlng aThl Implernenllng the aLtIeS they conwy wth the Charlts Act 2011 In regard5 to reqlrnent that all of the tharlty'5 work Is of direct nefft to the publlc. Publk b•nefft The Tntss have had regard to the Charty ComrnLk)n gUae on public In plannlng the lvf(les of the charty. ACHIEVEMErirs AND PERFORMANCE Charltable aLtlvltles Thls Is the charity's fcHJrth year of operats.on In whth It reCed doonS totslllrg £57,73012024 £98,460). These funds were us&J to furttr devekjp tre 1nfra5lrLu on the Tntsvs flagship kY0it and to make thjnations to organi5atk)ns aligned to the Trwt's misslon. The Twsi's flagsl)ip proftrt the brFst sdw rxswered lrrigauon sy&em In fr Sewal whth ¥ts a5 a sWiuse to di58eminate tost prtISe In the reglon In the use of solar power and regenerallve agrtuY(u. Tr projects sokir IrrKJatlon system provkde5 water to communtywined farmLind al9 the Seneg& RNer in and arc4Jnd Pcthr, the ncrthemmst trywn in Senegal. This enatrAes the kTrJ to pILe a varw offruf( Jnd vegetables, whkh suppcrt the Icol corrrnunfts oEadrvJ L>Jth &)bs and focd. In ttr15 pEfKxI, devebpment of the se has cOntind wf(h the cmthon of a ree lo protett the farmlands frorn eminlS and the &dltknn of sokr pa15 to PUt¥er the vi&tors aTrJ trainiTrJ trntre. The later wlll erobk the educational and ccynmunty activits relatej to the project to tske e. In addltion, the soLir powered CO strye facblty at a slie near tNs proje¢ Ls fully operational. The faolty enables community to Sto thelr fresh frult aTrJ vegetabs whlch the quantity cl Produ avalabk for tIr to eat and to te s)Id at market. In thts Ferkxj futx1s were al used to make (1)nDti(s to organisJtK)ns alIg to the mlssk)n cl the Tnjst IrKludlrg: educatthal actiwtie5 at a must festival, supwrtlng ch4dren's health and edthn in the regK)n and supEDrting a wornen'5 orwlsab.on to ale up foc¥J prcres5ing frcTh the prJu tw farrn to iwea* t1r inc(¥ne and Sew-surrlcier.
NANN-K TRUST (A COMPANY UMrreD BY GUARAi¥fEE) (REGISTERED NUMBEIL" 12819225) REPORT OF THE TRLisfEES FOR THE YEAR ENDED 31 MARCH 202S FINANCIAL REVIEW Financial posltlon charity, haviThJ accumulated a surrAus in Its flrst three years of OFerntbn amounting tr) £52,213 has to appty 9Y7 of ttK)5e funds t¢)wards Its charftaNe obiethes whilst an addrtk)Ml £57,730 In fundlng in the current ye¥12024 £98,460). Charthb eXpeItUtE arnunted to £45,085 12024 £118,363) $& surplus of Incorne over expern1ltU in the year of £12,64512024 a wrplus of expeTrJr(ure oveT Sncome In the year of £19,903) and an increase In the of resetves hdd from £52,213 at 31 Mard) 2024 to £64,858 at the year end. Prlndpal fundlng SQUIUS foundath)n Is wlmarly fu ty donatK)ns. Reserv pollcy The Trustee5 beIve there Ls IKJ r8J to sel a rnlnlmurn k¥el cl reserves as actmty exrendlbjre b related dlrectty to Current levels of Income. They th55 approxh to be 5ufflcEnt gen the nature of the charlty. Golng conc•rn After mathg approptste enqulrks, the Trustees have a reawnalle eApectatth that the d)aity has adequate )UrCeS to conthw In operab'onal exlsterKe ts the foreSeeae luture. For this aSOn, tw ¢ontlnw to adopt fv going ccrKem ba$ In preparltvJ the fimndal statements. FUTURE PLANS chanty's pbn is to supwt the communlty In the k)n to further imbed and lyk)P the Trusfs nagship projert guld8J by their plans and needs. In addltlon, t1 tharity wlll conLIn to cots<Aidate its role in 5hwlrvJ best PraCu and 5UPP)rting the wkler eco-systern of community ar Lwvironmental projects in the to come ltyetr tttrough further uJllng the vtOr and tralnlng Centre lor educational comrnunlty actIve5. The charty will also conllnue ro other sustalnable developrnert procts 11 can enable thmugh ffjokin9 donauons, and partnershlps k on support Wre It telleves * can make the mc6t impact Sn combatdrvj dlmale change In Senegal through bu11 sustlnable communlties, fr and energy. srRuUAE, GOVERPIA14CE AND MANAGEMENT G0mIng do¢ument The charity Is conirolled by Its goveming é¢xumen( a deed and coWtrJtes a Ilmttd cornpany, lknlted ty 9uarantee, as ¢JeflnaJ by the Cornpanles Att 20C6. R•crultrn¢rt•nd appointment of new trustMJ Any Trustees a appolnt&l ty the extsJNJ TrLtt5 who are alg) reSP)nStb for thelr Inductlon. No new Trustse5 have been atpolnted In the year eThded 31 March 2D25. roved by order rf the L*)ard of trustee5 on 11 Cecerter 2025 and Sed on Its hall ., S N NewnN3n. Trustee
INDEPENDEKf EXAMINER'S REPORT TO THE TRusfEES OF NANN-K TRUST (A COMPANY LIMrrED BY GuAREE) Indèpendert ex•mlrt•Vs report to th• trustees of KaTrK Trust {A company Ilmlted by guarantee) ('th• ComwW) J rert to U)e charty trtee5 my examinatK)n of the accounts ofthe Company tr the year end 31 March 2025. Rupmslbllltles and l>asls of report the tharity's trustees of the Cornpany land al ts directots for the purposes of company lawl you 2e for tt preparation the acLDunts in accordan with tIE reqUInnts of CompleS Act 2006 (the 2006 Att). Hang satisfied myself that accwnts cl the CThipany a not reqUd to be audted undw Part 16 rA the 2LK)6 Act a eligib for indeperK#ent exarninauon, I port in resped of fny examinatKJn of your charty's accounts as carried out under Section 145 of Ihe Charftles Act 2011 {' 2011 AcV}. In carylr#J rny examination I have fdk)wed the LJrectsons gNen by the Charfty Ccffjrnis5k)n under 145151 Ibl of 2011 Act. Inlknpandent examlnerfs rtatsm¢rtt I have completed my exarnlnauon. I conTrm that NJ matters have to my attentson kn cne{0)n wth the exarnlnatlon glving me cause to telieve.. COUnng rths htre kept in re5FECt of the Cornpany as qUIred ty ctK)n 386 of the 2006 P¢. or the accounts do not Kcord wlth those recL)rds,' or accounts do rot COft4)ly wlth the acciwntyng qiNmentS of Section 396 cl the 2006 Art other than any requIrEnt tNat the accounts gSve a tn and fair view whkh is Thx a matter consKlered as part of on ifhjependent exarnlnatson,. or the amnts have n¢X beffl prep> In accordan wSth the methods and prinoples of the sialement of Reu)mmend8J Pr2Ltke for acCounb. and repoth'ry ty Chare5 (appltable to charltle5 pparIng tlT xcounts in accordan the Flnandal Reportlng Stsndard apthb kn the UK and Repu of Ire1)r IFRS 102)). I hwe no concerns and have come a¢S no other fttter5 In connecrion wlth the examlnatkffi to attentlon be (kawn In thls rep)rt In order to enabk a proper under*andirvJ of the ntS to be readd. n Askew F The Institute of Ch d Accountants Sn Errfjland aThJ Wales Hèrtley FOwr LLP Owrtered knntants 4th N(N)r Tulbon House 27-37 St George's Road Wimbkd( London SW19 4ELI
NANN.K TRU (A COMPANY LIMrrED BY GUARANTEE) srATEMEKf OF FINANCIAL ACTlVtTIES (INCORPORATING AN INCOME AND EXPENDrnIRE ACCOUNT) FOR THE YEAR ENDED 31 MARC+1 2025 2025 Totsl fuTrJ5 2024 Total fuTrJs Uwe5tricted fuNJ Restricted fu1 Ncte5 INcE AND Ef4DOWMENTS FROM tx)naticns aTrJ gTrrts 57,730 57,730 98,460 EXPENDITURE ON Charitable actwities tlrect charitable exkwdlture 4,032 41,053 45,085 118,363 NET INCOMEI(EXPENDmiRE) Trnnsfers between fund 53.698 8,259 {41,053) 18,259) 12,645 {Lg,903) Net movemnt In fund• 61,957 149,3121 12,645 119,903) RECONCILIATION OF FUNDS Total funts bffjught lornvard 2,901 49,312 52,213 72,116 TOTAL FUNDS CARIUED FORWARD 64,858 64,858 52,213 The mte5 form part rl these financial swments
NANN-K TRUST {A COMPANY LIMThED BY GUARAiifEE) {REGISTERED NUMBER: 12819225) BALANCE SHEET 3114ARCH 2025 2025 T¢Xal funds 2024 Total fL4ThJs Restricted fvrKJ fund Nctes CURRENT ASSErs Lkbtor5 Cash at bank 1,939 66,017 1,939 66,017 s,0 50,877 67,956 67,956 55,877 Junts falling (kn wthln one year 13,098) (3,tr481 13.664) NET CURRENT ASSErs 64,858 64,858 52,213 TOTAL ASSETS LESSCURRENT LIABILITIES 64,858 52,213 NEf ASSErs 64,858 52,213 FUNDS Unre5tr1tted ldS Re5trkt&J fuTh4s 64,858 1901 49,312 TOTAL FUNDS 64,858 52,213 The (1)aritae c4Jrnpary Is enthkd to exernpUon from audlt under SeLtlon 477 Ccrnpanks N£i 20C6 for the year eTrJed 31 March 2025. memters have requlred the company to sknln an cl f(5 finaal statements for thE year end&1 31 March 2025 In loan wlth sect 476 of Companles Act 2006, The trustses 2Lknowledge resp0ry5ibiUtLes Ic¢ (a) ensurlng that t1 charftable company keeps xcoUnn9 rttords that compty th Se£Jcffjs 386 aTrJ 387 of the C¢mpanies Act 2006 and epBrifVJ financial ststertnts whth give a and fair vlew of the ale of affalr5 of the charltle company as al the end of each Tinarla1 year and d ts 9Jrplus or derlL for eath flnanckil year In attordance with the requlrements of Secttons 394 and 395 and whld) otlErwlse compty with the requ1ments of the Companies Att 2W6 relating to firnncl siaternents, SO far as ar¢)licable to the charftatAe company. Trse flnarthl ststements hwe teen prepared in 7£cordan wth the prDvtsbrs aPICab to charltabk cornpmth to the 11 ¢ompanle5 reglrne. finanaal 5tstennts approved ty the Boar¢ of Tntstees ar¥J authorfwj for Is5 M 11 Ccemter 2025 and were sIgd on Its behalf ty.. Ib) S N Nwnan . Trustee The rotes fom part of these finanual $Wmt5
NANN-K TRUST (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL ATEmENTs FOR THE YEAR ENDED 31 MARCH 2025 ACCOUPItING POUCIES Basis of prep•rlng the finllnd•l statementg The finanaal sktements of the Charitse cornpany, wNch is a publK benefit erntity under FRS 102, have been prepared In CordanCe with the Ch)rities SORP IFRS 1021 'Accounting aTrd Repor¥ng ty ch3re$.. Statement d RKornrnended Pracknce applicable to charitiQS pparIng their accounts In a(an with the finala1 Rep¢Jrting Stsndard applable In the UK and Republic of Irela (FRS 102) leffecuve L jUary 20191,, Finanial Stsndard 102 'The Finandal RepoffjrvJ Stanctsrd applicable in the UK and Republt ttf Irek4nd' aTrJ the Gvnpanles Att 20C6. Fala1 sl3tements have en prepared urthr the histcflcal cost convention. Incom• All Is rwnlsed In Staternertt of Flnandal Adivrtles ono the chwity has enllen¢ to the funds, It Is atle that the 11 to lENed and the amourt can be rneawred 1[ab. Exp•ndlture LIabilit5 are CJnISed as exFenduTe as soon as there ss a legal tt tcffithcttve cllgalk)n Comm1j the charty to that expendItu, il Is probab ihal a transfer of econrynlc teneflts will be reqUId In settlet arnl the afflrtt d the oblatlon can rneasured lIablY. EXpendStU is accounted Icf on an accruals basls and has tseen daslfled uThr headirfjs that aggregate all cost related to the category. wre costs canmt be dlrectty allbuted to parttukir heèjlngs they have teen alktaled to aCtlE[e$ on a Ws cMsi#enl with use ol resour. T•xatlon The chary Is eKernpt cuporalon tax on Its charitable aCtie5. Fund •¢UbuntSng Unrestrthd funds can k used In KcordarKe wlth the charltable 0Cte5 al the dLn ¢1 the trustees. Rerictrd funds ordy te used for P3CuLar restrfcted purpxes wlthln the objects of the charlty. ReStritt1S arfse when spedned by the dcyw or when lu5 are raL5ed for paaJIar restrlcted purposes, Further exF4anatlon of the natu purpcfje of each furKI ks fftILKled in the to the flnanclal statements. CHARifABLE ACTIVITIES COSTS Support co#s (s note 31 Dlrert C(6ts Totals Iltt charlkble exg0Thdue 41,053 4,032 45,085 Information tetswolDJy TctaLs Dlrett thaiibb exFenditure 560 3,472 4,032
NAWN.K TRusr (A COMPANY LIMrrED BY GUARAKfEE) NOTES TO THE FINANCIAL sfATEMEiifs- contlnu¢d FOR THE YEAR ENDED 31 MARCH 2025 Support o)srs. IndLhled in atThe, are as fdlow5.' Infvrniati t•¢hnology 2025 Direct charitatje expern11ture 2024 Totsl acttwues CnpUter cc6ts 560 13ov•mance cojts 2025 trect charttsble exFeTrlttu 2024 Totsl activf(ies IrJependent examlners fee5 (rt cl VAT) otPer accounUThJ ch0S 2,415 1,057 2,3C 953 3,472 3,253 TRUSTEES REMUNWITION AND 8ENEFITS Trre werE no trtee5. mUnerac• c* other bertfts for the year end&J 31 Marth 2025 n¢x fcf the year eNled 31 March 2024. TNrteei' •xpen• Ttre Ere Tr) truth expense5 pabj for the year entsJ 31 March 2025 nor for year eTrled 31 ma 2024. COMPARATIVES FOR THE ATEMENT OF FINANCIAL ACTIVITIES unrestricted fUl Restricted fund Totsl fvTrJs INCOME AND ENDOWMEKfs FROM t)onaU(S grnnts 5,000 93,4fl) 98,460 EXPENDITURE ON Charitable actlviti DlrErt thItab expuyl 3,253 115,110 116,363 NET INC(hMEI(EXPENDITURE) 1,747 Pi.6501 (19,903) RECONCILIATION OF BJNDS Total funds bUt fotward 1.154 70,962 72,116 TOTAL FUNDS CARRIED FORWARD 2,901 49,312 52,213
NANN-K TRusr (A COMPANY LIMED BY GUARArirEE) NOTES TO THE FINAf4CIAL sfATEMENTS - continued FOR THE YEAR H4DED 31 MARCH 2025 DEBTORS: AMOUlItS FALUMG DUE wmiiN ONE YEAR 2025 2024 Prepayrrents and accrued I017 1,939 CREDITORS: AMOUNTS FALUNG DUE WITHIII ONE YEAR 2025 2024 Accruals dderred Inco 3,098 MOVEMENT IN FUNDS Net movernent In fvnds Tran At 3113125 114124 funds Unregtrirtd fvnds General fuTh 2,gYII 53,698 8,259 64,858 Restrltt•d fund• Rerfrted fund 49,312 (41.0531 18,2591 TOTAL FUNDS 52,213 12,645 64,858 Net In fuTrJ5, lrtlutsd In the abm are as fcllcms.. IrKornlNJ experY)ed In funts Unrestrictéd fundj General fuTrJ 57.730 (4,0321 53,698 Restrltt•d fufido Restricted fuTrJ 141,053) (41,0531 TOTAL FUNDS 57,no (45,085) 12,645 Compjrntiw for movement In fvnd• Net movement in funds At 31n124 At 114R3 Unr¢#ritt4d fvnds General fuTh 1,154 1,747 1901 Restricted funds Reled [d 70,962 121,6501 49,312 TOTAL FUNDS 71116 119,903) 52,213
NANN-K TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FIfiANCXAL STATEMENTS- condnued FOR THE YEAR EMDED 31 MARCH 2025 MOVEMENT IN FIINDS. (tInued crylwarave net movement In fknjs IndLxd in the above a as follows: IrKorning Movement In furni eXpeIe Unrestrlct¢d funds Generd fund 5,OlXJ 13,2531 1,747 Re#rithd funds Restrth fund 93,460 (115,110) 121,650) TOTAL FUNDS 98,460 IIIB,3631 {19,9031 RELATED PARTY DISCLOSURes re no related paty the year enthd 31 March 2025. -io-