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$ Hal￿eY 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$ fte￿rt 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- Ch*r J J Kowalska J B Sauven REGisfERED OFFICE 4th A￿)rTUit￿lD House 27137 St George's RoHd WIMb￿dOn SW19 4EU REGISTER￿ COMP*JIY 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 Wimb￿On 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￿ di￿rtorS 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 Chant￿5.. Ststwnert of Rec￿m￿ed Pr￿t￿e apFlicable to chariUe5 preparing tt*ir in aCc￿da￿e 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 we*rve, cor6eNet pyotett ImpThE the en￿￿￿rnent - 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 aCh￿VIr￿￿ economic growih and regeneraticii; re1￿Ing poverty and Impn)vlr6 condith)ns of Ilfe h g)dally and eCOn￿tal￿ d153dvantaged communities; - athanclrvj eduoatK)n In subiKts ￿l￿.ng to de5ertifKation and more broad￿ SL&alnaÈ* devekjpment and the proteLtton, enhancement and ￿habili￿Jon d rhe envlfonrnent; a - RKh ot￿r 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 mak*ThJ grants to other I)rgan￿tI?￿, to wpport work, whlch l(*usses wlmorty to eThJ ￿ Impact of desertification In the Sahel Reglon of Afrfca thr?￿h er￿Uing c(Thmunltlos In ￿ Sahel to combat dlmate change. Tr Trust's work Is envlsaged to Include gjppvrting the $ustsinab￿ u* ol natural resource5 lrtILKdlng r￿ewab￿ energy aTrJ famlry, aThJ hd tsxal communlues re*ore tk*iY land i￿UdIrtg through pbntsThJ trees and naiural regeneratbn. TIE Trustee5 confimi that when plannlng aThl Implernenllng the aL*￿tIeS they conwy wth the Charlt*s Act 2011 In regard5 to reql￿￿rnent 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 ComrnL*k)n gU￿a￿e 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 reCe￿d do￿onS totslllrg £57,73012024 £98,460). These funds were us&J to furtt￿r devekjp tre 1nfra5lr￿Lu￿ on the Tntsvs flagship kY0i￿t 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 pr￿tISe In the reglon In the use of solar power and regenerallve agrtuY(u￿. Tr projects sokir IrrKJatlon system provkde5 water to communtywined farmLind al￿9 the Seneg& RNer in and arc4Jnd Pcthr, the ncrthemmst trywn in Senegal. This enatrAes the kTrJ to p￿IL￿e a varw offruf( Jnd vegetables, whkh suppcrt the Icol corrrnunft*s oEadrvJ L>Jth &)bs and focd. In ttr15 pEfKxI, devebpment of the s￿e has cOntin￿d wf(h the cmthon of a re￿e lo protett the farmlands frorn emin￿lS and the &dltknn of sokr pa￿15 to PUt¥er the vi&tors aTrJ trainiTrJ trntre. The later wlll erobk the educational and ccynmunty activit*s 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 vegetab*s whlch the quantity cl Produ￿ avalabk for t*￿Ir 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 ed￿thn in the regK)n and supEDrting a wornen'5 orwlsab.on to ale up foc¥J prcres5ing frcTh the pr￿Ju￿ tw farrn to iwea* t￿1r 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￿ eXpe￿ItUtE 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 beI￿ve there Ls IKJ r*8J 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 g￿en 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 foreSeea￿e 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 ly￿k)P the Trusfs nagship projert guld8J by their plans and needs. In addltlon, t1￿ tharity wlll conLIn￿ to cotsasls of report the tharity's trustees of the Cornpany land al￿ ts directots for the purposes of company lawl you 2*e for tt* preparation ￿ the acLDunts in accordan￿ with tIE reqUI￿n￿nts of Comp￿leS Act 2006 (the 2006 Att). Ha￿ng satisfied myself that accwnts cl the CThipany a￿ not reqU￿￿d 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 c￿ne{0)n wth the exarnlnatlon glving me cause to telieve.. COUn￿ng 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 ￿qiN￿mentS of Section 396 cl the 2006 Art other than any requIr￿Ent 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 Char￿e5 (appltable to charltle5 p￿parIng t￿lT xcounts in accordan￿ the Flnandal Reportlng Stsndard ap￿thb￿ kn the UK and Repu￿* of Ire1)r￿ IFRS 102)). I hwe no concerns and have come a¢￿S no other ft￿tter5 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 read￿d. n Askew F The Institute of Ch d Accountants Sn Errfjland aThJ Wales Hèrtley FOw￿r 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 fu￿1 Ncte5 INc￿E 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 l￿dS Re5trkt&J fuTh4s 64,858 1901 49,312 TOTAL FUNDS 64,858 52,213 The (1)arita￿e 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 fina￿al 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 xcoUn￿n9 rttords that compty ￿th Se£Jcffjs 386 aTrJ 387 of the C¢mpanies Act 2006 and epBrifVJ financial ststert*nts whth give a and fair vlew of the *ale of affalr5 of the charlt*le company as al the end of each Tinar￿la1 year and d ts 9Jrplus or der￿lL for eath flnanckil year In attordance with the requlrements of Secttons 394 and 395 and whld) otlErwlse compty with the requ1￿ments of the Companies Att 2W6 relating to firnnc￿l siaternents, SO far as ar¢)licable to the charftatAe company. Trse flnarthl ststements hwe teen prepared in 7£cordan￿ wth the prDvtsbrs aP￿ICab* to charltabk cornpmth to the ￿11 ¢ompanle5 reglrne. finanaal 5tsten*nts approved ty the Boar¢ of Tntstees ar¥J authorfwj for Is5￿ M 11 C*cemter 2025 and were sIg￿d on Its behalf ty.. Ib) S N Nwnan . Trustee The rotes fom part of these finanual $Wm￿t5 NANN-K TRUST (A COMPANY LIMrrED BY GUARANTEE) NOTES TO THE FINANCIAL ￿ATEmENTs FOR THE YEAR ENDED 31 MARCH 2025 ACCOUPItING POUCIES Basis of prep•rlng the finllnd•l statementg The finanaal sktements of the Charits￿e cornpany, wNch is a publK benefit erntity under FRS 102, have been prepared In ￿CordanCe with the Ch)rities SORP IFRS 1021 'Accounting aTrd Repor¥ng ty ch3r￿e$.. Statement d RKornrnended Pracknce applicable to charitiQS p￿parIng their accounts In a(￿an￿ with the fina￿la1 Rep¢Jrting Stsndard appl*able In the UK and Republic of Irela￿ (FRS 102) leffecuve L j￿Uary 20191,, Finanial Stsndard 102 'The Finandal RepoffjrvJ Stanctsrd applicable in the UK and Republt ttf Irek4nd' aTrJ the Gvnpanles Att 20C6. F￿a￿la1 sl3tements have ￿en prepared urthr the histcflcal cost convention. Incom• All Is rwnlsed In ￿ Staternertt of Flnandal Adivrtles ono the chwity has en￿lle￿￿n¢ to the funds, It Is atle that the ￿11 to lE￿Ned and the amourt can be rneawred ￿1[ab￿. Exp•ndlture LIabilit￿5 are ￿C￿JnISed as exFend*uTe as soon as there ss a legal tt tcffithcttve c*llgalk)n Comm￿1￿j the charty to that expendItu￿, il Is probab￿ ihal a transfer of econrynlc teneflts will be reqUI￿d In settle￿￿t arnl the affl￿rtt d the obl*atlon can ￿ rneasured ￿lIablY. EXpendStU￿ is accounted Icf on an accruals basls and has tseen daslfled uTh*r headirfjs that aggregate all cost related to the category. w￿re costs canmt be dlrectty all￿buted to parttukir heèjlngs they have teen alktaled to aCt￿lE[e$ on a Ws cMsi#enl with use ol resour￿. T•xatlon The char*y Is eKernpt cuporalon tax on Its charitable aCti￿￿e5. Fund •¢UbuntSng Unrestrthd funds can k used In KcordarKe wlth the charltable 0￿Ct￿e5 al the dL￿￿n ¢1 the trustees. Re*rictrd funds ordy te used for P3￿CuLar restrfcted purpxes wlthln the objects of the charlty. ReStritt1￿S arfse when spedned by the dcyw or when lu￿5 are raL5ed for pa￿aJIar 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 Il￿tt charlkble exg0Thd￿ue 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 C￿npUter cc6ts 560 13ov•mance cojts 2025 t*rect charttsble exFeTrlttu 2024 Totsl activf(ies Ir*Jependent examlners fee5 (rt cl VAT) otPer accounUThJ ch0￿S 2,415 1,057 2,3C 953 3,472 3,253 TRUSTEES REMUNWITION AND 8ENEFITS Trre werE no tr￿tee5. ￿mUnera￿c• 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 fU￿l Restricted fund Totsl fvTrJs INCOME AND ENDOWMEKfs FROM t)onaU(￿S grnnts 5,000 93,4fl) 98,460 EXPENDITURE ON Charitable actlviti DlrErt th￿Itab￿ expuyl 3,253 115,110 116,363 NET INC(hMEI(EXPENDITURE) 1,747 Pi.6501 (19,903) RECONCILIATION OF BJNDS Total funds b￿U￿t fotward 1.154 70,962 72,116 TOTAL FUNDS CARRIED FORWARD 2,901 49,312 52,213 NANN-K TRusr (A COMPANY LIM￿ED 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 I￿017 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 Unregtrirt*d fvnds General fuTh 2,gYII 53,698 8,259 64,858 Restrltt•d fund• Re*rfrted 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 Re￿led [￿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 crylwara￿ve net movement In fknjs IndLx*d in the above a￿ as follows: IrKorning Movement In furni eXpe￿Ie￿ 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-