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2023-03-31-accounts

KUJUWA INITIATIVE

Reference and Administrative Information

Kujuwa Initiative is a charitable incorporated foundation governed by its articles of association. Registered name of the Company: Kujuwa Initiative Charity Number (England and Wales) 1199244 Registered Office and operational address Barrow Mead, Rush Hill, Bath, BA2 2QP

Board of Trustees: Date of appointment Term
Louise McCabe 26 July 2022 3 years
Lea Simpson 26 July 2022 3 years
Hannah Miller 26 July 2022 3 years
Chichi Carolyne Nafula 26 July 2022 3 years
Advisors:
Bankers Charites Aid Foundaton (CAF) Bank
Solicitors Latham & Watkins 99 Bishopsgate
London EC2M 3XF United Kingdom

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REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 December 2022

The Board of Trustees (‘The Board’) submit their Annual report and the financial statements of the Kujuwa Initiative for the year ended 31 March 2023.

Company Information

The organisation is a Charitable Incorporated Organisation (CIO -Foundation) registered in England and Wales

Purposes and Aims

We tackle misconceptions, build knowledge, self-esteem, understanding and support around sexual reproductive health, rights and menstrual hygiene management in Kenya.

How our work delivers our aims

The Kujuwa Initiative’s approach is to raise funds to support carefully selected third party charities aligned with its mission.

How our work delivers public benefit

The Kujuwa Initiative donates washable sanitary pads, and educates girls and boys, teachers and families in Kenya about sexual reproductive health, rights and menstrual hygiene management.

The Kujuwa Initiative commits to working with trusted registered charitable organisations to support socially or economically disadvantaged young people in Kenya.

Our Achievements

The organisation was registered in June 2022, so this report covers only the first 9 months of operation.

During the reporting period the Trustees

Financial Review

There was no expenditure made by the Kujuwa Initiative during the period June 2022 – February 26, 2023, as the Company was in the process of opening its first bank account, which took longer than expected.

Plans for future periods

During 2023-24, the charity will implement a fundraising and profile-raising strategy in order to generate funds to deliver our charitable purpose. Our intention is to continue to speak to the business community through tools like LinkedIn. We also plan to raise funds through collaborations between fashion designers and influencers - designing and selling T-shirts through the Teemill platform.

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The charity aims to donate 75% of funds raised by the end of April 2023 to provide funding to SOKO Community Trust, a registered charitable trust in Kenya. The funds will be used to manufacture and donate washable sanitary pads within their 8 partner schools in Kilifi County, Kenya. The pads will be donated alongside provision of sexual reproductive health training.

Structure, Governance and Management

Governing Document

The Kujuwa Initiative is a charitable incorporated organisation ( CIO – Foundation) registered with the charity commission and governed by its Constitution.

Appointment of Trustees

All Trustees give their time voluntarily and receive no benefits from the charity. In selecting individuals for appointment, the charity has regard for the skills, knowledge and experience needed for effective administration of the CIO.

Trustee Induction and Training

All 4 trustees were appointed in July 2022 as part of the process of establishing the charity. The Trustee board includes individuals who are experienced in charity trusteeship, and who have expertise relevant to our charitable mission. All Trustees written guidance on public benefit, legal responsibilities and charitable purpose, as well as a copy of the CIO’s constitution. In the process of developing a set of governance policies, Trustees were advised by UK solicitors on a pro-bono basis.

Organisation

The Trustees (who are also directors of the charity for the purposes of company law) administer the charity and usually meet quarterly. The Trustees ensure that appropriate financial and operating controls are in place to ensure that the Charity’s purpose is followed by setting authority levels for operating expenditure and funding grants.

Trustees’ Responsibilities in relation to Financial Statements

The Trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulation.

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing the statements the trustees are required to

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The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

For the Year Ending 31 March 2023

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

In the event of the company being wound up members of the CIO have no liability to contribute to its assets and liabilities. The trustees are the only members of the charity. This entitles them only to voting rights. The trustees have no beneficial interest in the company.

NB: Only 4 transactions (3 donations, one bank interest) were made during the reporting period, as the bank account was not operational until 27 February 2023. The trustees therefore considered that an independent review of our accounts is not necessary this year.

Signed on behalf of the Board of Trustees by

Louise McCabe Chair of Trustees 29 February 2024

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Kujuwa Initiative

Statement of comprehensive income

2022
Income from: £
Donatons 1029
Charitable actvites 0
Other trading actvites 0
_____
Total income 1029
Expenditure on:
Raising funds 0
Charitable actvites 0
_____
Net income and movement in funds 1029
Total funds brought forward 0
Total funds carried forward 1029

Between June 2022 and February 2023, Trustees were in the process of opening a bank account, therefore no donations or expenditure were made during the majority of the reporting period.

Kujuwa Initiative

Statement of Financial Position

As at 31 March 2023 2022
£
Current assets 0
Debtors 0
Cash at bank and in hand 1029 Bank account opened 27/02/23
Liabilites
Creditors: amounts falling due within 1 year 0
Net current assets 1029
Net assets 0
Funds
Unrestricted funds 1029
General funds 0

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Total charity funds 1029

The trustees are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477 (2).

The trustees acknowledge the responsibilities for:

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies’ regime.

Approved by the trustees on 29 February 2024 and signed on their behalf by

Louise McCabe

Chair of Trustees Kujuwa Initiative

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