# **Trustees’ Annual Report for the period from 01/04/2025 to 31/03/2026** # **Charity name:** MAKARIOS CIO # **Charity registration number:** 1196867 ## **Table of Contents** |**_1._**|**_Objectives and Activities.......................................................................................................... 1_**| |---|---| |**_2._**|**_Additional information: Policy on grant making .................................................................. 1_**| |**_3._**|**_Achievements and Performance ............................................................................................. 4_**| |**_4._**|**_Financial Review ....................................................................................................................... 4_**| |**_5._**|**_Structure, Governance and Management .............................................................................. 5_**| |**_6._**|**_Reference and Administrative details .................................................................................... 5_**| |**_7._**|**_Names of the charity trustees who manage the charity ..................................................... 6_**| |**_8._**|**_Declarations .............................................................................................................................. 6_**| |**_9._**|**_Accounts..................................................................................................................................... 7_**| |**_10._**|**_Appendices .............................................................................................................................. 18_**| ## 1. Objectives and Activities ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the CIO are, for the public benefit, to
further such exclusively charitable
purposes as the charity trustees in their absolute
discretion see fit, in particular (but
without limiting the foregoing) by making grants to
organisations operating in both
the United Kingdom and overseas that:
(1) benefit children with disabilities and people
living in extreme poverty; and
(2) advance the Christian faith by providing pastoral
care to those in need.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17
and 1.19|The main activities are to make grants benefitting
children with disabilities and people living in
extreme poverty; and advancing the Christian faith
by providing pastoral care to those in need. A bank
account was opened with Metro Bank on 10
January 2023 from which these grants are made.
For the accounting period 1 April 2025 until 31
March 2026, no donations were received. One
project received financial support during this
period, totalling GBP 84.07.
Makarios CIO is currently in the process of
voluntary dissolution and is completing the formal
steps required for closure.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission onpublic benefit|Para 1.18|The Trustees have used CHARITIES SORP (FRS 102)
(second edition – October 2019) as issued by the
Charity Commission for England and Wales.| ## 2. Additional information: Policy on grant making ||SORP
reference|| |---|---|---| |Policy on grant
making|Para 1.38|**1. Purpose**
1.1 The purpose of this policy is to set out the principles, criteria
and processes that govern how the CIO makes grants in line with
its domestic and international priorities.
1.2 A grant is a financial award made by the CIO from its funds to
support charitable activities, usually to registered charities or
equivalent overseas organisations.
**2. Objectives**
The Trustees will apply the funds of the CIO in accordance with
its charitable objectives at clause 3 of the Constitution:| 1 “The objects of the CIO are, for the public benefit, to further such exclusively charitable purposes as the charity trustees in their absolute discretion see fit, in particular (but without limiting the foregoing) by making grants to organisations operating in both the United Kingdom and overseas that: - (1) benefit children with disabilities and people living in extreme poverty; and - (2) advance the Christian faith by providing pastoral care to those in need.” ## **3. Governance** - The Trustees govern the CIO’s grant making by setting: - • Grant making principles which ensure that decisions are ultimately made by the CIO’s Trustees; and - • Grant making criteria which state the activities the Trustees wish to support in furtherance of the CIO’s objects. ## **4. Grant Making Principles** - 4.1 The number of projects which can be supported is, of necessity, limited to the level of funds available for - distribution in any year and it is the Trustees’ preference to award fewer grants (typically between 3 and 10) of a higher value rather than many small grants. - 4.2 The decision on which charities and organisations are to receive grants is at the discretion of the Trustees and will be decided by a majority vote. - 4.3 The lowest amount that a grant will normally be made for is £1,000. - 4.4 Public applications for project funding will not be invited for the foreseeable future however any that are received unsolicited may be considered on their own merit at the discretion of the Trustees. ## **5. Grant Making Criteria** In shortlisting the charities and organisations to support, the following criteria will be considered: - Demonstrated track record of effectiveness in meeting its aims. - Financial responsibility. - Avoidance of duplication of charities serving similar needs. • A mixture of national and international charities, organisations or bodies. - Emphasis on charities, organisations or bodies that offer a high degree of visibility on their activities and effective communication with philanthropists / donors. ## **6. Due Diligence** - The Trustees will carry out sufficient due diligence on any - proposed recipient organisation with the aim of ensuring that: 2 - the identity of the organisation is ascertained; - • funds will be applied effectively and efficiently in furtherance of the objects of the CIO; and - • funds are not used for money laundering, terrorist finance, bribery or other unlawful purposes. - The Trustees will take a risk-based approach to due diligence, with risk factors including: - • the country and region in which the project is to be carried out; - • the availability of reliable information about the project and the organisation/s and personnel involved in it; - • the strength and history of the relationship between the recipient organisation and the CIO; and - • the amount of funding requested and the period of time over which the project is to be carried out. **7. Funding Conditions** - Funding will in all cases be subject to conditions including: • that the funding may only be used for the purposes as - agreed by the Trustees when agreeing to provide funding; - • that the project will be conducted in accordance with all local applicable laws, regulatory requirements and working practices; - • that, in the case of projects involving children or vulnerable adults, suitable safeguarding policies and procedures are in place; - • that no material changes will be made to the project unless they have been approved in advance by the Trustees; - • that the recipient organisation will provide such written reports as the Trustees may reasonably require in order to - satisfy themselves that the funds are being properly applied; - • that the recipient organisation will provide reasonable assistance to enable the CIO or its agents to seek assurance that the funds are being properly applied; and - • that the recipient organisation holds any unspent funding as a restricted fund and, in the event of it not being required or used for the project within a reasonable timescale, that the unspent funds are returned to the CIO. **8. Amendments** - The Trustees may vary the terms of this policy from time to time. - Policy on social Para 1.38 investment including program related - investment - Contribution Para 1.38 made by - volunteers Other 3 ## 3. Achievements and Performance ||SORP
reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|**3.1.**
**Serve the City Kenya GBP 84.07**
Makarios CIO received an interim report from Lucy
Wangari.
**See full report attached in Appendices.**| ## 4. Financial Review |Review of the charity’s
financial position at the end
of the period|Para 1.21|The CIO suspended all activities in anticipation of its
winding-up. Fundraising was discontinued, and only
one donation was made during the period.
Financial movements therefore relate exclusively to
administrative expenses associated with the
cessation process:
**4.1.**
Serve the City Kenya
For the accounting period from 01/04/2025
until 31/03/2026 no donations were received.
**See a copy of MAKARIOS CIO’s accounts**
**attached to this report.**| |---|---|---| |Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are no uncertainties. Makarios CIO is
suspending all its activities.| 4 ## 5. Structure, Governance and Management |Description of charity’s trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|MAKARIOS CIO is a Charitable Incorporated
Organisation whose only voting members are
charitytrustees.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|MAKARIOS CIO is based on a ‘Foundation’ model
constitution, with appointment of charity trustees
being the following:
(1) Apart from the first charity trustees, every
appointed trustee must be appointed for a term of
three years by a resolution passed at a properly
convened meeting of the charity trustees.
(2) In selecting individuals for appointment as
appointed charity trustees, the charity trustees
must have regard to the skills, knowledge and
experience needed for the effective administration
of the CIO.| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|| ## 6. Reference and Administrative details |Charityname|MAKARIOS CIO| |---|---| |Other name the charityuses|| |Registered charitynumber|1196867| |Charity’s principal address|C/O Craufurd Hale Group Ground Floor,
Arena Court
Crown Lane
Maidenhead SL6 8QZ| 5 ## 7. Names of the charity trustees who manage the charity |**Trustee name**|**Office (if any)**|**Dates appointed**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**| |---|---|---|---| |Eve Laurence Maria
Human|Trustee|1 December 2021|| |Simeon Deo Hannes
Human|Trustee|1 December 2021|| |Benjamin Delon
Human|Trustee|1 December 2021|| |Delon Hannes
Human|Trustee|1 December 2021|| |Corlea Johanna Van
Heerden Human|Trustee|1 December 2021|| ## 8. Declarations **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**||| |---|---|---| |**Full name(s)**|Eve Laurence Maria|Human| |**Position (eg Secretary,**
**Chair, etc)**|Authorised official|| |||| |**Date**|6 July 2026|| 6 9. Accounts Charity Registration No. 1196867 MAKARIOS CIO TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026 MAKARIOS CIO LEGAL AND ADMINISTrATIVE I￿oRmATK)N Tfuslees Mr D H ￿￿MIn Mr5 C J V3n Heenlen Fkn MrSOHIknI ￿￿EL￿￿UMan Ur B D Hwnan Ch¥ity nwnb 11W67 1275 Cheserex S￿Sse swrrzERLAND Wlson Par11￿5 Ljmikd TOR SantQwl MADENHEAD SL6 8BN MAKARIOS CIO TRUSTEES. REPORT FOR 7HE YEAR ENDED 31 AIARCH ￿26 skAIs. kno¥lage experwK* needed the effe¢lfv* adminLStrknn of t*e CK). D H Fknian ktrSDHHuman htrsELM Hum (11968871 aC￿￿diry to the law5 of En&laThl Wales a the iknty lyus*es ffl ther a>sokts disLYelx￿ see fiL in Kir•3thJm ar#J o¥useas th*. MAKARIOS CIO TRUSTEES. REPORT (CONTINUED) FOR 7HE YEAR ENDED 31 AIARCH 2026 The Tru5*es the CKYs g￿lm￿l￿ setlry: Gnnl nuking wiThciple5 ary ￿Ar the Tntstee5' l) award fpwer (t>ptaiy betwsen thrn* and tén) of a ¥*e m•ry Sma ￿ts. bè decided by a m4onty Trt. Pubk appI￿at￿n$ fty wqe¢l wil r￿t be ini*d for the foreseeable Athre. Howe¥u. thal . resptytgw. . A¥owJarKe of thwiCat￿ of th￿be5 Serving s￿11￿ need . Ern￿￿15 on ch¥*'es, {￿￿￿￿￿)n5 or b(xl*s Ihat dewee th•r xlw*ie5 •NI t￿￿ thligence . fw*d5 wil bè aFpl*d effec*¥ely and fiJrther¥tt of the ofthe CIO: . tt* cowtry rew fft whK* the project be Camed . thè avalability of rÈliatrAe rtknrmajon ab￿t the bxopc* the ¢xwisati¢yVs YNol4*d ' . ofthe relabDn5h"p re¢ryxert (Xy￿lsatm the CIO., aml . tt* dfvmding rewes*d JKI the perKKI over 15 to be carr￿d Funthng eonthtions Funding ai cases bè ￿b￿ct kn (x￿ddI0ns iK&x*r¥J." f(4Klin Trus*e5. io MAKARIOS CIO TRUSTEES. REPORT (COPItINUED) Funthng corbthions Icortin order kn satssfy thems￿￿ that the furmts are b￿'ty wroety 4pl*d: • that th& rw*i8nl {ryant5atic￿ wil prD¥Kle reasona￿ a55ts1JKe to ena>lp Ihp CIO (* is to seek asyjmce lh* Ihe fiJKls are teir¥J prnperty aFWied' Jbd . Ihat tr* reoFWrt Organtsal￿n hdds ¥ry unspert fvnding as a ￿Str￿*d ￿nd ￿d. in the e¥v* crf rt n¢X to the CIO. The T￿￿ m4 thè of this pc4ty fft¥n to timè. arKI ad¥anciry the chris￿ tath by pkn31 to in need. G8P 32￿.00 We￿ wl. GBP I.0￿.00 pad to D￿￿ty SrHM GBP 1.IXNJ.00 wa5 pal Fknpe. GBP 75G.I)] wa5 ￿ to S4BBA N&)bYnert GBP S)0 wa5 Pa￿ * firnpsAnyts Tru For the perrAI unil 31 March 2026. th)n*0￿ cl GBP nl were rec*%*d. DOna1A￿ to¢aling GBP 84.00 to kn the Cty Kenya Financial revièv For the 31 Ma¢h 2025. d¢¥￿IKTh of GBP 5.080 rÈeeNÈd aTrJ wa)ts d <*P 3.Z41 For thè W￿11 31 Marth 1120. drfflats'￿6 d G8P na ¥vue ￿(errtd crf G8P 84 +4 recei4*d Gfft are rewi5ed on the da* of recryt Plans for the future On 28 July 2028 Ihe menthr5 of CIO re5thed. li ac¢IXd￿ wth CIw5e 28 (Vdurtyy ¥Jindry up or 2011 to ¢Jft5501ve the CIO. li MAKARIOS CIO TRUSTEES. REPORT (CONTINUED) F(%9 THE YEAR ENDED 31 AWICH ￿26 la¥ Ur￿d AcC￿ni￿ SlaTrJxd5 {Unfted KK¥dom GenerallYp￿e￿ed Acc4xnting Pr*icel. ar whK* give a t￿￿ arKI fa'r View of the state of the arNI aml any IwT* the ffin￿￿ FK1yb.￿ (rf ch¥ty enat* them b enswe that the ¢xYnpfy with tt Chai*e5 Act 2011. the Ch¥ty IAcc•thits Rep(Yts) 2Q)8 and the wo¥15b￿ cl the trust dee They a50 re¥K>n5ble for safewading assets of the arKI henL* kn tairwJ rEla5(x￿@ slep5 tky On bel4#ofU* boxd rflrus*es trs C J Van Heerden HwThan 12 MAKARIOS CIO ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED ACCOUNTS OF MAKARIOS CIO FOR THE YEAR ENDED 31 MARCH 2026 In order to assist you to fijlfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of Makarios CIO for the year ended 31 March 2026, set out on pages 6 to 9 from the charitys accounting records and from infonnation and explanations you have given us. As a praclising member fimi of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed al icaew.comlregulations. This report is made to the charity's as a body. in accordance with the terms of our engagement letter dated 8 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of Makarios CIO and slate those matters that we have agreed to state to the charity's as a body, in this report in accordance with AAF 2110 as detailed at icaew.comlcompilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Makarios CIO and the charity's trustees as a body. for our work or for thi5 report. It is your duty to ensure that the charity has kept adequate accounting records and to prepare accounts that give a true and fair view under the Charities Act 2011. You consider that the charity is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report. We have not been instructed lo carry out an audit or a review of the accounts. For this reason. we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the accounts. Wilson Partner$ Limited Accountants TOR Saint-cloud Way MAIDENHEAD SL6 8BN Dated.. 5 August 2026 13 MAKARIOS CIO STATEMENT OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITURE ACCOUI Tolal funts 2025 1.476 1A76 11.560) {1.560b baarths * i w 2025 U16 4.416 Fmd baLm¢es at31 202$ I￿6 4.410 14 MAKARIOS CIO BALANCE SHEET ASAT31 AIARCH 2026 2U25 Currfflt a55ets Cash al b￿k aThl in h￿d 4.416 2J 4.410 4.416 4.418 C J V• H4rn 15 MAKARIOS CIO NOTES TO TFE ACCOU￿5 FOR 7HE YEAR EN[￿ 31 AIARCH ￿26 1.1 Ba515 of wepaatiq +* Tdal 2Q25 GTrnt Totsl 2026 Tc¢a 1A76 1A76 1.476 1.560 2026 16 MAKARIOS CIO NOTES TO TFE ACCOUNTS (CONTINUEDI F(%9 THE YEAR ENDED 31 AIARCH 2026 Ckn 28 2026 tt* Mak￿$ CIO ￿5(A￿*d, Clase 28 erf(*4rt¥y up or dsScAut￿l ofthe Ccfflsirtutson thè InCuF#Y￿ ch￿iSat￿ lknsokw arml Drsso&lThl 2012. thè CIO. 17 Appendices Serve the City Kenya Serve the city Kenyamombasa Road I Vision Pla2a 511iFloN Rm4 P. O. Box 28541 (Klll)O | GPO Nairobi the Contact- *254723685505 kenya TO MAKARIOS ORGANIZAnON RE- APPRECIATION Dear Sir/Madam, Serve The City Kenya team would like to acknowledge receipt of Ksh 14(X)O in June 2025 frorn you. We really appreciate your support and look forward to serying with you in future. We will share a full report on how the rnoney have been spent. Kind regards Lucy Wangari The Chairperson Serve The City Kenya 8171026 18