ROKO 20
Roko 20 Academy is a primary school offering a free education to orphans and children from disadvantaged backgrounds. Working also with guardians/parents and the elderly to assist them to generate an income with various projects. The school is situated near Murang'a in Kenya.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a deficit, with total payments of £46,360 exceeding receipts of £40,991, resulting in a closing cash balance of only £262. The trustees acknowledge that the charity currently holds no free reserves and recognize the need to build financial resilience in the coming year. Despite these financial pressures, the trustees remain confident that the charity can sustain its operations with continued donor support.
What the accounts disclose
Trustees
- EDWARD VINCE NEALE
- THOMAS PATRICK HANOVER
- TRACEY NEALE-FERREIRA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £41k | £46k |
| 31/12/2023 | £38k | £35k |
| 31/12/2022 | £39k | £35k |
| 31/12/2021 | £24k | £34k |
| 31/12/2020 | £35k | £30k |
Common questions
Is ROKO 20 financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a deficit, with total payments of £46,360 exceeding receipts of £40,991, resulting in a closing cash balance of only £262. The trustees acknowledge that the charity currently holds no free reserves and recognize the need to build financial resilience in the coming year. Despite these financial pressures, the trustees remain confident that the charity can sustain its operations with continued donor support. Its FY2024 accounts were independently examined.