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2025-04-05-accounts

KENYA POVERTY ACTION (KPA)

Trustees’ Annual Report and Financial Statements

For the Period Ended 5 April 2025

Registered Charity Number: 1209449

1. REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name: Kenya Poverty Action (KPA)

Registered Office: 51 Fast Pits Road, Birmingham, Yardley, UK Charity Registration Number: 1209449

Trustees:

1. Nana Wanjau Chairperson
2. William Pratesi Vice-Chair
3. Evans James Secretary
4. James Nyatogo Treasurer
5. Steve Wiseman Trustee
6. Timon Choro Trustee
7. Daniel Kirui Trustee
8. Willian Oremo Trustee
9. Selastina Nthenya Trustee
10. Sarah Wambui Trustee
11. Beatrice Chepkoech Trustee

Bankers: In the process of appointment (Application pending). Independent Examiner: Income below £25,000

2. STRUCTURE, GOVERNANCE, AND MANAGEMENT

I. Governing Document

Kenya Poverty Action is a Charitable Incorporated Organisation (CIO), incorporated on 6 June 2024. The charity is governed by its Foundation Constitution.

II. Trustee Recruitment and Appointment

The incumbent trustees were appointed upon registration. Future trustees will be recruited based on their professional expertise in international development, financial management, and community engagement, skills and expertise we believe will strengthen the management, accountability, and impact of the charity. All trustees are provided with the Charity Commission’s guidance on trustee responsibilities (CC3).

III. Risk Management

The trustees have identified that the primary risk to the charity during this period is the delay in securing a dedicated charity bank account. To mitigate this, the trustees have deferred all public fundraising and financial commitments until a reliable banking account is opened and active to ensure full transparency and compliance.

3. OBJECTIVES AND ACTIVITIES

I. Charitable Objects

As per our guiding Constitution, the objects of KPA are for the public benefit to prevent or relieve poverty in Kenya, specifically in underserved and climatevulnerable regions, through:

II. Public Benefit Statement

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when planning future activities. All planned activities are aimed at benefiting the public in Kenya without restriction.

4. ACHIEVEMENTS AND PERFORMANCE

During the reporting period of 6 August 2024 to 5 April 2025, Kenya Poverty Action was in its pre-operational administrative phase. While the charity is now 32 days overdue for this filing due to administrative delays in the banking sector, the trustees have utilized this time to:

Note on Financial Activity: No income was received, and no expenditure was incurred during this period. The charity remained dormant in terms of cash flow to maintain strict adherence to UK financial regulations while awaiting bank account approval.

5. FINANCIAL REVIEW

Financial Position

The Statement of Financial Activities shows a Nil position for the period ending 5 April 2025.

Reserves Policy

The trustees aim to maintain a reserve equivalent to 3–6 months of operating costs once the charity is fully operational. At present, the charity holds no reserves.

Going Concern

The trustees have a reasonable expectation that the charity has adequate resources (in terms of volunteer time and strategic planning) to continue in operational existence for the foreseeable future once financial infrastructure is in place.

6. STATEMENT OF ASSETS AND LIABILITIES

As of 5 April 2025

As of 5 April 2025
Asset / Liability Category Value (£)
Cash at Bank and in Hand 0.00
Other Monetary Assets 0.00
Investment Assets 0.00
Liabilities (Creditors) 0.00

Declaration:

The Trustees acknowledge their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of accounts.

The Trustees confirm that for the period ending 5 April 2025 , they have prepared a True and Fair report of the charity's activities and financial position. They further certify that:

The trustees declare that they have approved the trustees' report and accounts above. Signed on behalf of the charity’s trustees by:

James Nyatogo KPA Treasurer Date: March 11, 2026