Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
Charity number: 1133508
THE NDL FOUNDATION
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
THE NDL FOUNDATION
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 5 |
| Independent Examiner's Report | 6 - 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 - 15 |
Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
THE NDL FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025
| Trustees | Sylviane Destribats (Deceased 8 February 2025) |
|---|---|
| Laura Destribats | |
| Diane Destribats, Chair | |
| Nicolas Destribats | |
| Claude Marion | |
| Charity registered number Principal office Accountants Bankers |
1133508 24 Chemin Des Moines 1640 Rhode St Genese Brussels Belgium Blick Rothenberg Limited Chartered Accountants 16 Great Queen Street Covent Garden London WC2B 5AH Coutts & Co 440 Strand London WC2R 0QS |
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THE NDL FOUNDATION
TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025
The trustees present their annual report together with the financial statements for the year ended 5 April 2025. The trustees confirm that the annual report and financial statements of the charity comply with the Charities Act 2011, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP): Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 (FRS102).
Objectives and activities
a. Policies and objectives
The principal activity of the charity is to further such objects or purposes which are exclusively charitable according to the law of England and Wales in any part of the world and in such manner as the trustees may in their absolute discretion think fit.
Donations have been made to charitable organisations working in the fields of education, medicine and the arts where the trustees have a particular interest.
The charity does not solicit donations but makes donations to specific causes which are of interest to the trustees. Grants have been made principally to those charities working in the fields of improving the lives of women and children in developing countries.
In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Strategies for achieving objectives
Generally, the Foundation will make grants from donations from the settlor. The Foundation does not fundraise from the public.
c. Activities undertaken to achieve objectives
The trustees seek to ensure that as a general principle grants are made to UK registered charities. Grants are also made to overseas not for profit organisations subject to the trustees being satisfied, that the funds so given are earmarked and duly applied for strictly charitable purposes in accordance with English law. The trustees also ensure that funds are expended by recipients in accordance with agreements made and that reporting requirements are met.
The trustees have established policies with regard to donations and grant making. The trustees do not entertain donations from the public but make donations after due enquiry into the fields and activities that interest them.
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THE NDL FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Financial review
a. Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
Reserves as at 5 April 2025, comprise a deficit of (£1,048) on unrestricted funds (2024: £nil), the deficit will be reversed in the current financial year. The trustees have taken the view that at this stage they do not need to have in place a reserves policy. The Foundation itself operates only in a grant-making capacity; it is not a functional charity having fixed costs or other ongoing obligations. The trustees are entitled and do apply income and capital for such charitable purposes as they decide from time to time, and it is not their practice to overly commit themselves in advance to specific expenditure on future planned activities.
c. Financial risk management objectives and policies
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to those major risks.
Structure, governance and management
a. Constitution
The NDL Foundation is a registered charity, number 1133508, and is constituted under a Trust deed.
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THE NDL FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Structure, governance and management (continued)
b. Methods of appointment or election of trustees
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the Trust deed.
The charity was established by a Trust Deed dated 11 November 2009 by Mr Frank Emmanuel Destribats and Mrs Sylviane Destribats (the settlors). It is with great sadness that the trustees report the death of the chair Mrs Sylvianne Destribats.
The trustees who held office during the year and up to the date of the report are as follows:
Sylviane Destribats (deceased 8 February 2025) Laura Destribats Diane Destribats Nicolas Destribats Claude Marion
The management of the charity is the responsibility of the trustees who are co-opted under the terms of the trust deed.
Trustees are appointed at the discretion of the existing trustees. The existing trustees are responsible for the induction of any new trustee, which involves awareness of a trustee's responsibilities, the governing document, administrative procedures and the history and philosophical approach of the charity.
c. Organisational structure and decision-making policies
The trustees meet regularly and major decisions concerning the charity are made by the trustees at these meetings. The trustees also agree the broad strategy and areas of activity for the charity, including grant making, investment performance, reserves and risk management policies.
Day to day administration is undertaken by the trustees.
d. Safeguarding
Although the Foundation does not work directly with children or vulnerable adults it does provide funding to other charities that may work with these populations. The Foundation will seek to ensure, through proportionate and reasonable due diligence, that grantee charity trustees take their responsibility seriously and that safeguards are in place in those charities to protect vulnerable people from abuse and to prevent abuse from happening in the first place.
e. Plans for the future
The results for the year and financial position at the year end are considered satisfactory by the trustees. The trustees will continue to consider grants and other donations to charities in similar fields as those to which they have donated in the past.
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THE NDL FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgements and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They 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.
Approved by order of the members of the board of trustees and signed on their behalf by:
Diane Destribats (Chair of Trustees) Date: 02-Feb-26 | 08:56 GMT
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THE NDL FOUNDATION
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025
Independent Examiner's Report to the Trustees of The NDL Foundation ('the charity')
I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2025.
Responsibilities and Basis of Report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2008 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
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.
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Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
THE NDL FOUNDATION
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work or for this report.
Signed: Mark Hart FCA
02-Feb-26 | 08:58 GMT Dated:
ICAEW
Blick Rothenberg Limited
Chartered Accountants 16 Great Queen Street Covent Garden London WC2B 5AH
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Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
THE NDL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
| Note Income from: Donations and legacies 3 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 82,111 82,111 83,159 83,159 (1,048) - (1,048) (1,048) |
Total funds 2025 £ 82,111 82,111 83,159 83,159 (1,048) - (1,048) (1,048) |
Total funds 2024 £ 40,367 40,367 32,724 32,724 7,643 (7,643) 7,643 - |
|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 15 form part of these financial statements.
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Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
THE NDL FOUNDATION
BALANCE SHEET AS AT 5 APRIL 2025
| 2025 | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|
| Note | £ | £ | ||||
| Current assets | ||||||
| Debtors | 8 | 2,993 | 13,367 | |||
| Cash at bank and in hand | 2,070 | 3,118 | ||||
| Creditors: amounts falling due within one | ||||||
| year | 9 | (6,111) | (16,485) | |||
| Net current liabilities / assets | (1,048) | - | ||||
| Total assets less current liabilities | (1,048) | - | ||||
| Total net assets | (1,048) | - | ||||
| Charity funds | ||||||
| Restricted funds | 10 | - | - | |||
| Unrestricted funds | 10 | (1,048) | - | |||
| Total funds | (1,048) | - |
The financial statements were approved and authorised for issue by the trustees and signed on their behalf by:
Diane Destribats
(Chair of Trustees)
02-Feb-26 | 08:56 GMT Date:
The notes on pages 10 to 15 form part of these financial statements.
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Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
THE NDL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. General information
The NDL Foundation is an unincorporated charity registered with the Charity Commission in England & Wales. Its principal office is 24 Chemin Des Moines, 1640 Rhode St Genese, Brussels.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The NDL Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Going concern
The trustees consider that the charity will have sufficient funds for the foreseeable future and have therefore prepared the financial statements on the going concern basis.
2.3 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
2.4 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations in kind are recognised within incoming resources and resources expended at the cost of the services to the charity.
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THE NDL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
2. Accounting policies (continued)
2.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.6 Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the reporting date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Statement of Financial Activities.
2.7 Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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THE NDL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
2. Accounting policies (continued)
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.11 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
3. Income from donations and legacies
| Donations Total 2024 |
Unrestricted funds 2025 £ 82,111 40,367 |
Total funds 2025 £ 82,111 40,367 |
Total funds 2024 £ 40,367 |
|---|---|---|---|
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THE NDL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
4. Analysis of grants
| Grants to Institutions 2025 Total funds 2025 £ £ Grants, Grant funding 77,000 77,000 Total 2024 27,000 27,000 The charity has made the following material grants to institutions during the year: |
Total funds 2024 £ 27,000 |
|---|---|
| Name of institution Don Bosco Bangalore Girls' School KAA Intrepidus Trust |
2025 £ 52,000 52,000 25,000 77,000 |
2024 £ 27,000 |
|---|---|---|
| 27,000 - |
||
| 27,000 |
5. Analysis of expenditure on charitable activities
Summary by fund type
| Charitable activities Support costs Total 2024 |
Unrestricted funds 2025 £ 77,000 6,159 83,159 32,724 |
Total 2025 £ 77,000 6,159 83,159 32,724 |
Total 2024 £ 27,000 5,724 |
|---|---|---|---|
| 32,724 | |||
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THE NDL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
6. Independent examiner's remuneration
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the charity's independent examiner for the independent | ||
| examination of the charity's annual accounts | 3,000 | 3,000 |
| Fees payable to the charity's independent examiner in respect of: | ||
| All other services not included above | 2,850 | 2,700 |
7. Trustees' remuneration and expenses
During the year, no trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 5 April 2025, no trustee expenses have been incurred (2024 - £NIL).
8. Debtors
| Due within one year Other debtors |
2025 £ 2,993 2,993 |
2024 £ 13,367 |
|---|---|---|
| 13,367 |
9. Creditors: amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals | 6,111 | 16,485 |
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THE NDL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
10. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds - all funds Statement of funds - prior year Unrestricted funds General Funds - all funds |
Income £ 82,111 Balance at 1 April 2023 £ (7,643) |
Expenditure £ (83,159) Income £ 40,367 |
Balance at 5 April 2025 £ (1,048) Expenditure £ (32,724) |
|---|---|---|---|
11. Controlling party
The trustees consider there to be no controlling party. Aggregate donations amounting to £76,000 (2024: £40,367) were received from trustees.
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The NDL Foundation 24 Chemin Des Moines 1640 Rhode St Genese Brussels Belgium
Blick Rothenberg Limited
16 Great Queen Street Covent Garden London WC2B 5AH
Dear Sir
Financial statements for the year ended 5 April 2025
This representation letter is provided in connection with your assistance with the independent examination of the financial statements for the year ended 5 April 2025.
The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as I consider necessary in connection with your independent examination of the charity’s financial statements for the year ended 5 April 2025. These enquiries have included inspection of supporting documentation where appropriate. All representations are made to the best of our knowledge and belief.
General
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We have fulfilled our responsibilities as trustees, as set out in the terms of your engagement letter under the Charities Act 2011, for preparing financial statements in accordance with the Charities Act 2011 and United Kingdom Generally Accepted Accounting Practice which you have drafted on our behalf, which give a true and fair view of the state of the charity’s affairs as at 5 April 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended.
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We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion.
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We confirm that the charity was entitled to exemption under section 144 of the Charities Act 2011 the requirement to have its financial statements for the financial year ended 5 April 2025 audited.
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All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records and are reflected in the financial statements.
Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
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All accounting records have been made available to you for the purpose of your assistance with the preparation of the financial statements. All other records and related information, including minutes of all management and trustees’ meetings, have been made available to you. We have provided you with unrestricted access to persons within the entity from whom you determined it necessary to make enquiries for the purpose of your assistance with the preparation of the financial statements.
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We acknowledge our legal responsibilities regarding disclosure of information to you as independent examiner. Each trustee has taken all steps that he or she ought to have taken in order to make him or herself aware of any information relevant to the preparation of the financial statements and establish that you are aware of that information. As far as each trustee is aware, there is no information relevant to the independent examination of the financial statements of which you are unaware.
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The financial statements are free of material misstatements, including omissions.
Internal control and fraud
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We acknowledge our responsibility for the design, implementation and maintenance of internal control systems to prevent and detect fraud and error. We have disclosed to you the results of our risk assessment that the financial statements may be materially misstated as a result of fraud.
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There have been no instances of known or suspected fraud affecting the charity involving management, employees who have a significant role in internal control or others that could have a material effect on the financial statements.
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There have been no allegations of fraud or suspected fraud affecting the financial statements communicated by current or former employees, regulators or others.
Assets and liabilities
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The charity has satisfactory title to all assets included in the financial statements and there are no charges on the charity’s assets, except as disclosed in the notes to the financial statements.
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All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate in the financial statements.
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We have no plans or intentions that may materially alter the carrying values or classification of assets and liabilities reported in the financial statements.
Accounting estimates
- The methods, data and significant assumptions used by us in making accounting estimates and their related disclosures are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.
Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
Loans and arrangements
15. The charity has not granted any advances or credits to or made guarantees on behalf of the trustee other than those disclosed in the financial statements.
Legal claims
- We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.
Laws and regulations
- There have been no known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.
Related parties
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We have disclosed to you the identity of the entity’s related parties and all the related party relationships and transactions of which we are aware which require disclosure in order to comply with the requirements of charity law and accounting standards.
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All related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements in accordance with the requirements of charity law and accounting standards.
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We confirm that the financial statements fairly reflect the position as regards the control of the charity and the/any ultimate controlling party.
Subsequent events
- All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.
Going concern
- We believe that the charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity's needs. We also confirm our plans for future action(s) required to enable the charity to continue as a going concern are feasible. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charity's ability to continue as a going concern need to be made in the financial statements.
FUND ACCOUNTING
- All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of any terms or conditions in the application of such income.
Docusign Envelope ID: EC1F4580-AE10-44EE-9AA7-4DD166977630
Other information included in the annual report
- We have informed you of all documents that we expect to issue comprising other information and that information included therein complies with the legal requirements as to its content (where applicable), is consistent with the financial statements and does not contain any material misstatements
Yours faithfully
________ Diane Destribats Trustee
~~hee~~ Certificate Of Completion
Envelope Id: EC1F4580-AE10-44EE-9AA7-4DD166977630
Subject: URGENT – The NDL Foundation y/e 5 April 2025 Client Code: 61444 Document Type: OTHER Source Envelope: Document Pages: 21 Signatures: 3 Certificate Pages: 5 Initials: 0 AutoNav: Enabled EnvelopeId Stamping: Enabled Time Zone: (UTC) Dublin, Edinburgh, Lisbon, London
Status: Completed
Envelope Originator: Anamaria Ion 16 Great Queen Street Covent Garden, London WC2B 5AH Anamaria.Ion@blickrothenberg.com IP Address: 86.123.109.53
~~Dee~~ Record Tracking Status: Original Holder: Anamaria Ion Location: DocuSign 21-Jan-26 | 09:25 Anamaria.Ion@blickrothenberg.com
~~hee~~ Signer Events Signature Timestamp Diane Destribats Signed by: Sent: 21-Jan-26 | 09:36 diane.destribats@gmail.com Resent: 23-Jan-26 | 11:58 Security Level: Email, Account Authentication Resent: 29-Jan-26 | 17:16 (None)
Sent: 21-Jan-26 | 09:36 Resent: 23-Jan-26 | 11:58 Resent: 29-Jan-26 | 17:16 Viewed: 02-Feb-26 | 08:55 Signed: 02-Feb-26 | 08:56
Signature Adoption: Drawn on Device Using IP Address: 148.252.140.135 Signed using mobile
Electronic Record and Signature Disclosure:
Accepted: 22-Jan-26 | 21:43 ID: 5aafb9d9-ac4b-4266-9a50-ef658b41d0eb Company Name: Blick Rothenberg
Mark Hart mark.hart@blickrothenberg.com Security Level: Email, Account Authentication (None)
Sent: 02-Feb-26 | 08:56 Viewed: 02-Feb-26 | 08:58 Signed: 02-Feb-26 | 08:58
Signature Adoption: Pre-selected Style Using IP Address: 208.56.29.120
Electronic Record and Signature Disclosure:
Accepted: 02-Feb-26 | 08:58 ID: c7331999-19b7-4c7f-b7c2-8ed75a36a667 Company Name: Blick Rothenberg
~~hee~~ In Person Signer Events Signature Timestamp ~~hee~~ Editor Delivery Events Status Timestamp ~~hee~~ Agent Delivery Events Status Timestamp ~~hee~~ Intermediary Delivery Events Status Timestamp ~~hee~~ Certified Delivery Events Status Timestamp ~~hee~~ Carbon Copy Events Status Timestamp Lucy Sent: 02-Feb-26 | 08:58 lucy@thendlfoundation.com Security Level: Email, Account Authentication (None)
Electronic Record and Signature Disclosure:
Status
Timestamp
Carbon Copy Events
Not Offered via Docusign
Mark Hart
Sent: 02-Feb-26 | 08:58
mark.hart@blickrothenberg.com Security Level: Email, Account Authentication (None)
Electronic Record and Signature Disclosure:
Accepted: 02-Feb-26 | 08:58 ID: c7331999-19b7-4c7f-b7c2-8ed75a36a667 Company Name: Blick Rothenberg
| Witness Events | Signature | Timestamp |
|---|---|---|
| Notary Events | Signature | Timestamp |
| Envelope Summary Events | Status | Timestamps |
| Envelope Sent | Hashed/Encrypted | 21-Jan-26 |
| Envelope Updated | Security Checked | 23-Jan-26 |
| Envelope Updated | Security Checked | 23-Jan-26 |
| Certified Delivered | Security Checked | 02-Feb-26 |
| Signing Complete | Security Checked | 02-Feb-26 |
| Completed | Security Checked | 02-Feb-26 |
| Payment Events | Status | Timestamps |
| Electronic Record and Signature Disclosure | Electronic Record and Signature Disclosure |
Electronic Record and Signature Disclosure created on: 12-Dec-22 | 10:24 Parties agreed to: Diane Destribats, Mark Hart, Mark Hart
ELECTRONIC RECORD AND SIGNATURE DISCLOSURE
From time to time, Blick Rothenberg (we, us or Company) may be required by law to provide to you certain written notices or disclosures. Described below are the terms and conditions for providing to you such notices and disclosures electronically through the DocuSign system. Please read the information below carefully and thoroughly, and if you can access this information electronically to your satisfaction and agree to this Electronic Record and Signature Disclosure (ERSD), please confirm your agreement by selecting the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system.
Getting paper copies
At any time, you may request from us a paper copy of any record provided or made available electronically to you by us. You will have the ability to download and print documents we send to you through the DocuSign system during and immediately after the signing session and, if you elect to create a DocuSign account, you may access the documents for a limited period of time (usually 30 days) after such documents are first sent to you. After such time, if you wish for us to send you paper copies of any such documents from our office to you, you will be charged a $0.00 per-page fee. You may request delivery of such paper copies from us by following the procedure described below.
Withdrawing your consent
If you decide to receive notices and disclosures from us electronically, you may at any time change your mind and tell us that thereafter you want to receive required notices and disclosures only in paper format. How you must inform us of your decision to receive future notices and disclosure in paper format and withdraw your consent to receive notices and disclosures electronically is described below.
Consequences of changing your mind
If you elect to receive required notices and disclosures only in paper format, it will slow the speed at which we can complete certain steps in transactions with you and delivering services to you because we will need first to send the required notices or disclosures to you in paper format, and then wait until we receive back from you your acknowledgment of your receipt of such paper notices or disclosures. Further, you will no longer be able to use the DocuSign system to receive required notices and consents electronically from us or to sign electronically documents from us.
All notices and disclosures will be sent to you electronically
Unless you tell us otherwise in accordance with the procedures described herein, we will provide electronically to you through the DocuSign system all required notices, disclosures, authorizations, acknowledgements, and other documents that are required to be provided or made available to you during the course of our relationship with you. To reduce the chance of you inadvertently not receiving any notice or disclosure, we prefer to provide all of the required notices and disclosures to you by the same method and to the same address that you have given us. Thus, you can receive all the disclosures and notices electronically or in paper format through the paper mail delivery system. If you do not agree with this process, please let us know as described below. Please also see the paragraph immediately above that describes the consequences of your electing not to receive delivery of the notices and disclosures electronically from us.
How to contact Blick Rothenberg:
You may contact us to let us know of your changes as to how we may contact you electronically, to request paper copies of certain information from us, and to withdraw your prior consent to receive notices and disclosures electronically as follows:
To contact us by email send messages to: email@blickrothenberg.com
To advise Blick Rothenberg of your new email address
To let us know of a change in your email address where we should send notices and disclosures electronically to you, you must send an email message to us at email@blickrothenberg.com and in the body of such request you must state: your previous email address, your new email address. We do not require any other information from you to change your email address.
If you created a DocuSign account, you may update it with your new email address through your account preferences.
To request paper copies from Blick Rothenberg
To request delivery from us of paper copies of the notices and disclosures previously provided by us to you electronically, you must send us an email to email@blickrothenberg.com and in the body of such request you must state your email address, full name, mailing address, and telephone number. We will bill you for any fees at that time, if any.
To withdraw your consent with Blick Rothenberg
To inform us that you no longer wish to receive future notices and disclosures in electronic format you may:
i. decline to sign a document from within your signing session, and on the subsequent page, select the check-box indicating you wish to withdraw your consent, or you may;
ii. send us an email to email@blickrothenberg.com and in the body of such request you must state your email, full name, mailing address, and telephone number. We do not need any other information from you to withdraw consent.. The consequences of your withdrawing consent for online documents will be that transactions may take a longer time to process..
Required hardware and software
The minimum system requirements for using the DocuSign system may change over time. The - - current system requirements are found here: https://support.docusign.com/guides/signer guide signing-system-requirements.
Acknowledging your access and consent to receive and sign documents electronically
To confirm to us that you can access this information electronically, which will be similar to other electronic notices and disclosures that we will provide to you, please confirm that you have read this ERSD, and (i) that you are able to print on paper or electronically save this ERSD for your future reference and access; or (ii) that you are able to email this ERSD to an email address where you will be able to print on paper or save it for your future reference and access. Further, if you consent to receiving notices and disclosures exclusively in electronic format as described herein, then select the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system.
By selecting the check-box next to ‘I agree to use electronic records and signatures’, you confirm that:
-
You can access and read this Electronic Record and Signature Disclosure; and
-
You can print on paper this Electronic Record and Signature Disclosure, or save or send this Electronic Record and Disclosure to a location where you can print it, for future reference and access; and
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Until or unless you notify Blick Rothenberg as described above, you consent to receive exclusively through electronic means all notices, disclosures, authorizations, acknowledgements, and other documents that are required to be provided or made available to you by Blick Rothenberg during the course of your relationship with Blick Rothenberg.