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← Kans And Kandy (Wholesale) Charitable Trust

2024-06-30-accounts

Trustees’ Annual Report for the period

From 01/07/2023 Period start date To 30/06/2024 Period end date

Charity name: KANS AND KANDY (WHOLESALE) CHARITABLE TRUST

Charity registration number: 1126236

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To support or promote charitable
organisations for the relief of poverty
within any geographical location
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 purpose of the Kans and Kandy
Charitable Trust is to support and
promote charitable organisations
regardless of location, race, colour,
religion or gender.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees confirm they have had
regard to the Charity Commission’s
guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers

Other

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 We will continue to focus on poverty,
disability, end of live care, cancer
research, homelessness, and education.
Our immediate focus will be the support
of:
Tiny Lives– Neonatal care.
Pathways 4 All- Parent-led
charity, providing play and leisure
services for disabled children and
young people.
Heel & Toe– Children’s Charity that
supports children with Cerebral Palsy
and other physical disabilities.
Dragonfly Cancer Trust- Working with
families, hospitals, and hospices across
the UK supporting young people (aged
0-25) with terminal cancer.
Maggies Cancer Charity- Charity that
provides free expert care and support in
centres across the UK and online.
St Cuthberts Hospice- Providing
palliative and end of life care services
for people living in North Durham, at a
time and a place that is right for them.
The Peoples Kitchen- Supporting
homeless and vulnerable people and
help fight hunger and loneliness for
locals in need.
Woman’s Cancer Detection Society-
The Women’s Cancer Detection Society
is a local charity based in the breast
cancer screening unit at the QE in
Gateshead focussing on early detection
of breast cancer.
Escape Intervention- working with 4-25
year olds and their parents/carers. It is
our goal to help and support as many
children, young people and their
families to overcome any barriers to
personal success through using a

holistic approach to treat the whole person, taking into account all factors that contribute to their problems. Northumbria University – Education without barriers 15 scholarships commencing 2024 for 3 years. Kids Out - Gives disadvantaged children positive experiences to support them becoming future members of our society. Smart Works - UK charity that exists to give women the confidence they need to reach their full potential, secure employment, and change the trajectory of their lives.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity’s financial position was
deemed to be satisfactory.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Kans and Kandy (Wholesale) Charitable
Trust do not have a reserves policy
Amount of reserves held Para 1.22 £1,256,452
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 TRUST DEED
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 TRUST
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 Under point 9.1 of the Declaration of
Trust dated 10 June 2008 there must
be at least three Trustees. Apart from
the First Trustees , every Trustee
must be appointed for a term of three
years by a resolution of the Trustees
passed at a special meeting called in
accordance with provisions of clause
15 of the Trust Deed.

Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Kans and Kandy (Wholesale) Charitable Trust
Other name the charity uses
Registered charity number 1126236
Charity’s principal address Belmont Industrial Estate
Durham
DH1 1ST

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
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14
15
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19
20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
I.D. MARLEY
M.RAZAQ
I.IQBAL
D. McFarlane Appointed : 28thJune
2024

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Signature(s)
~~2~~		 ~~LO~~
Full name(s) Full name(s)
Ian Marley		 M Razaq
Position (eg Secretary,
Chair, etc)		 MO Chair
Date 13th December 2024
Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 Charity No
(if any)
1126236
Period start date
01/07/2023
To
Period end
date
30/06/2024
KANS AND KANDY (WHOLESALE) CHARITABLE
TRUST
Annualaccountsforthe period
—~~—————— ~~
FOR ENGLAND AND WALES		 ~~ae~~
Section A Statement of financial activities Section A Statement of financial activities
Recommended categories by
activity		 Guidance Notes Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total funds Prior year
funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 150,000 - - 150,000 150,000
Charitable activities S02 - - - - -
Other trading activities S03 - - - - -
Investments S04 152,521 - 152,521 122,337
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 302,521 - - 302,521 272,337
Resources expended (Note 6)
Expenditure on:
Raising funds S08 80,934 - - 80,934 75,980
Charitable activities S09 96,485 - - 96,485 80,182
Separate material item of expense S10 - - - - -
Other S11 - - - - -
Total S12 177,419 - - 177,419 156,162
Net income/(expenditure) before investment
gains/(losses) S13 125,102 - - 125,102 116,175
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 125,102 - - 125,102 116,175
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 125,102 - - 125,102 116,175
Reconciliation of funds:
Total funds brought forward S21 1,131,350 - - 1,131,350 1,015,175
Total funds carried forward S22 1,256,452 - - 1,256,452 1,131,350
1

Section B

Balance sheet

Restricted Unrestricted income Endowment Total this Total last funds funds funds year year £ £ £ £ £ Fixed assets F01 F02 F03 F04 F05 Intangible assets (Note 15) B01 - - - - - Tangible assets (Note 14) B02 - - - - - Heritage assets (Note 16) B03 - - - - - Investments (Note 17) B04 1,991,553 - - 1,991,553 1,991,553 Total fixed assets B05 1,991,553 - - 1,991,553 1,991,553 ~~=====~~ Current assets Stocks (Note 18) B06 - - - - - Debtors (Note 19) B07 6,421 - - 6,421 570 Investments (Note 17.4) B08 - - - - - Cash at bank and in hand (Note 24) B09 298,194 - - 298,194 260,816 Total current assets B10 304,615 - - 304,615 261,386 ~~7s~~ Creditors: amounts falling due within one year (Note 20) B11 94,870 - - 94,870 73,088 Net current assets/(liabilities) B12 209,745 - - 209,745 188,298 ~~————~~ Total assets less current liabilities B13 2,201,298 - - 2,201,298 2,179,851 Creditors: amounts falling due after one year (Note 20) B14 944,846 - - 944,846 1,048,501 Provisions for liabilities B15 - - - - - Total net assets or liabilities B16 1,256,452 - - 1,256,452 1,131,350 ~~———~~ Funds of the Charity Endowment funds (Note 27) B17 - - - Restricted income funds (Note 27) B18 - - - Unrestricted funds B19 1,256,452 - 1,256,452 1,131,350 Revaluation reserve B20 - Total funds B21 1,256,452 - - 1,256,452 1,131,350 ~~==sn=~~ Signed by one or two trustees on behalf of all Date of the trustees Signature Print Name approval dd/mm/yyyy M Razaq 13/12/24

CC17a (Excel)

11/12/2024

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the
trustees/directors/		 Charity Name
KANS AND KANDY (WHOLESALE) CHARITABLE TRUST		 Charity Name
KANS AND KANDY (WHOLESALE) CHARITABLE TRUST		 Charity Name
KANS AND KANDY (WHOLESALE) CHARITABLE TRUST
members of
On accounts for the year 30THJUNE 2024
ended
Charity no.:
1126236
Company no.:
Set out on pages 1-2
(remember to include the page numbers of additional sheets)
I report to the charity trustees on my examination of the accounts of the
Company for the year ended 30thJune 2024
Responsibilities and As the charity’s trustees of the Company (who are also the directors of the As the charity’s trustees of the Company (who are also the directors of the
basis of report company for the purposes of company law), you are responsible for the
preparation of the accounts in accordance with the requirements of the
Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required Having satisfied myself that the accounts of the Company are not required
to be audited for this year under Part 16 of the 2006 Act and are eligible for
independent examination, I report in respect of my examination of your
charity’s accounts as carried out under section 145 of the Charities Act 2011 charity’s accounts as carried out under section 145 of the Charities Act 2011
(“the 2011 Act”). In carrying out my examination, I have followed the
Directions given by the Charity Commission (under section 145(5)(b) of the
2011 Act.
Independent
examiner's statement		 I have completed my examination. I confirm that no material matters have
come to my attention (other than that disclosed below *) which gives me
cause to believe that:
• accounting records were not kept in accordance with section 386 of the
Companies Act 2006; or
• the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under
section 396 of the Companies Act 2006 other than any requirement that the
accounts give a ‘true and fair’ view which is not a matter considered as part accounts give a ‘true and fair’ view which is not a matter considered as part
of an independent examination; or
•the accounts have not been prepared in accordance with the Charities •the accounts have not been prepared in accordance with the Charities
SORP (FRS102).

October 2018

1

IER

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

13th December 2024 Date: ~~7~~

Name: Malcolm Colligan ~~TTS~~

Relevant professional qualification(s) or body (if any):

Address: 233 Sunderland Road , Gateshead

NE8 3ED

Section B Disclosure ~~a~~

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER