Registered Charity No. 1134520
The Trustees of
the Friends of Meisori School have made themselves personally responsible for
all the administration costs of running the charity. All stationery,
postage, printing, travel, visiting Kenya, is paid for from the Trustees’
personal funds. None of this is paid for from funds donated to the
charity. The consequence of this is that when you see the accounts, you
will see that all money donated is spent on the children.
It has been our
aim since we started to ensure that we build a long term and sustainable fund
to help achieve our objectives, so for every student that we start in high
school, we have ensured that there have been funds available in reserve for
years 2, 3 and 4.
"Cash reserves will be held in order to
ensure that at any time, all students that are under sponsorship will be
guaranteed funds to complete their secondary education.”
terms this has meant that in the event of a catastrophe, funds could be handed
to the high school(s) to cover the future cost of educating all currently sponsored
Our funds are held in a community account with Barclays Bank. The account is
titled “Friends of Meisori School” and the signatories to the account are the
Treasurer and the Chairman of the charity. The account earns
interest at the standard rate. Although our funds are raised in UK
Pounds, the invoices have to be paid in Kenyan Shillings (KSH).