From
Trustees' Annual Report for the period
Period start date Period end date To 1[st] January 2024 31[st ] December 2024
Section A Reference and administration details
Charity name Kisima Foundation Other names charity is known by Registered charity number (if any) 1143266 Charity's principal address 5[th] Floor, Regina House 124 Finchley Road London Postcode NW3 5HT
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 |
Trustee name | Office (if any) | Dates acted if not for whole year | Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Al’adin Maherali | Chair | |||
| Alim Somji | ||||
| Amit Thakrar | ||||
| Shafin Somji | ||||
| Aliza Somji | 5thNovember ‘24 to 31stDecember ‘24 | Trustees Special General Meeting | ||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser | Name | Address |
| Name of chief executive or names of senior staff members (Optional information) | ||
IER
March 2012
1
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
(eg. trust deed, constitution)
[Trust Deed ]
How the charity is constituted
(eg. trust, association, company)
[Trust ]
Trustee selection methods
(eg. appointed by, elected by)
Trustees are appointed or reappointed annually at the Annual General Meeting. Trustees are selected on the skills they bring to the charity.
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
The Foundation is a small organisation with a team of committed trustees working proactively to manage the charity. While the Foundation remains small this does not present any major risks though all risks are constantly under review and where appropriate steps taken to mitigate them if necessary. All trustees understand the need for robust management of funds and governance. We manage and monitor all our grants to ensure that our funds are spent in pursuance of our objects and deliver measurable positive outcomes.
As ever, our major thrust remains in funding projects in organisations which demonstrate that they have the resources, skills and the ability to be sustainable over the long term and have a good fundraising strategy and record of raising funds consistently and ethically. We will continue to successfully partner with local organisations which demonstrate robust governance and outcomes. As always Kisima will be looking to work with organisations that have innovative, transformational and replicative projects with demonstrable outcomes that change lives for the better.
We actively monitor and evaluate the effectiveness of the grants we have given to ensure that the funds are applied in line with our objects and that they directly benefit those most in need.
Our local partnerships continue to help us to utilise around 99 percent of our funds for the direct benefit of the recipients.
IER
March 2012
2
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
'For the public benefit of people living in developing countries, in particular but not exclusively East Africa, India and Pakistan, by the provision of grants to individuals and/or charities as a means of: The advancement of education;
The relief of sickness and the preservation of health; The relief of poverty and financial hardship.’
| Kisima Foundation | Kisima Foundation | Kisima Foundation |
|---|---|---|
| Analysis of All Grants | ||
October 2011 to December 2024 |
||
| Category | No of | Amount |
| Recipients | £ | |
| Fees - Primary School | 22 |
35,807 |
| Fees - Secondary School | 50 | 9,260 |
| Fees - Professional Diploma Courses | 30 | 121,220 |
| Fees - University Degree courses | 37 | 15,437 |
| Hospital Medical Treatment Costs | 12 | 36,745 |
| Grants | 7 | 53,440 |
| Donations | 7 | 63,802 |
| Total | 165 | 335,711 |
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
IER
March 2012
3
The majority of our funds are utilised for supporting the education of those most in need and we follow up with the institutions where the recipients are registered for study to monitor their outcomes.
To date, since inception in October 2011, Kisima has dispensed approximately £335,711 in pursuance of its objectives and has directly helped 165 individuals/organisations.
All trustees and volunteers give their time voluntarily and receive no remuneration or other benefits.
Section C Objectives and activities (Cont.)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grant making;
-
policy programme related investment;
-
contribution made by volunteers.
IER
March 2012
4
Section D Achievements and performance
Summary of the main achievements of the charity during the year
| Kisima Foundation | Kisima Foundation | Kisima Foundation |
|---|---|---|
| Analysis of All Grants | ||
| January 2024 to December 2024 | ||
| Category | No of | Amount |
| Recipients | £ | |
| Fees - Primary School | 9 | 5,558 |
| Fees - Secondary School | 14 | 5,041 |
| Fees - Professional Diploma Courses | 8 | 2,757 |
| Fees - University Degree courses | 6 | 1,443 |
| Hospital Medical Treatment Costs | 0 | 0 |
| Grants | 1 | 5,000 |
| Total | 38 | 19,800 |
IER
March 2012
5
Summary of the main achievements of the charity during the year (cont.)
| Kisima Foundation | Kisima Foundation | Kisima Foundation | Kisima Foundation | Kisima Foundation | Kisima Foundation | Kisima Foundation | |
|---|---|---|---|---|---|---|---|
| Analysis of All Grants | |||||||
For Financial Years Ending 2023 and 2024 |
|||||||
Category |
No of Recipients |
Difference |
Amount £ |
Difference £ |
|||
| 2023 | 2024 | 2024 v 2023 | 2023 | 2024 | 2024 v 2023 | ||
| Fees - Primary School |
10 | 9 | (1) | 9,858 | 5,558 | (4,300) | |
| Fees - Secondary School |
16 | 14 | (2) | 4,944 | 5,042 | 98 | |
| Fees - Professional Diploma Courses |
5 | 8 | 2,262 | 2,757 | 495 | ||
| Fees - University Degree courses |
3 | 6 | 3 | 580 | 1,443 | 863 | |
| Hospital Medical Treatment Costs |
0 | 0 | 0 | 0 | 0 | 0 | |
| Grants | 0 | 1 | 1 | 0 | 5,000 | 5,000 | |
| Donations | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 34 | 38 | 4 | 17,645 | 19,800 | 2,155 | |
| 2024 maintained activity levels broadly similar to 2023 Kisima Foundation 2024 Activity Levels Numbers Completions New Year End Primary 9 0 1 9 Secondary 14 0 5 14 Diploma 8 0 2 8 University 6 0 3 6 Grants 1 0 1 1 Medical 0 0 0 0 Total 38 0 12 38 During 2024 37 Students were funded to pursue their education. Completions At the end of 2023 six secondary school students finished their schooling of which 2 students proceeded to pursue a diploma course and 3 students enrolled for university degrees at institutions of higher learning. Kisima has continued to fund the education for all the students now in higher education. New funding 1 new primary school student was given a grant towards their fees. 3 new secondary school students were given grants towards their fees in addition to the 2 primary school students who moved to secondary schools to continue their education. Our main beneficiaries are within the principal thematic area of education and our support has delivered measurably positive and in some cases outstanding outcomes. One new grant of £5,000 to Darjeeling Children’s Trust. |
IER
March 2012
6
Section E Financial review
| Financial review | |
|---|---|
| Brief statement of the charity’s policy on reserves Details of any funds materially in deficit Further financial review details Youmay chooseto include additional information, where relevant about: • the charity’s principal sources of funds (including any fundraising); • how expenditure has supported the key objectives of the charity; • investment policy and objectives including any ethical investment policy adopted. |
During 2023 and 2024 we continued with our fundraising initiatives and are happy to report that we now hold healthy reserves to fulfil our existing and future obligations for students that we currently fund and have been in discussions with a number of likeminded organisations for future collaboration. We are also happy to report that in 2024 we have worked with the Darjeeling Children’s Trust, a UK based charity operating in Darjeeling, India. Our initial grant will fund the cost of providing vocational training for three nursing students undertaking a three-year course and the running of dental camps for children to receive regular dental check-ups. In line with our previous statements we have been successful in our fundraising activities and have strengthened our reserves so that we can safely meet our current and future obligations such grantees will be funded by Kisima for the duration of their schooling and higher education courses. As our fundraising efforts bear fruit we will also be able to collaborate with our outcome-focussed partners with whom we are in discussions currently to fund projects with mutual shared objectives. The trustees are very much aware that, as additional grants are made, the level of reserves needs to be increased so that the risks are minimised should the level of funds decrease in any one year. |
| (Optional information) | |
| The Foundation continues to rely on individual and corporate giving. It also continues to work with potential donors to ensure that they are kept informed of all the positive outcomes it has achieved to date and future plans. Operational overheads are met personally by the trustees and currently no unexpected expenditure or deficit is foreseen. |
Section F Other optional information
IER
March 2012
7
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Al’adin Maherali
Position (eg Secretary, Chair, etc)[Chair]
Date
27[th] October 2025
IER
March 2012
8
Independent examiner's report on the accounts
| Independent examiner's report on the accounts |
Independent examiner's report on the accounts |
Independent examiner's report on the accounts |
|
|---|---|---|---|
| Section A | Independent Examiner’s Report | ||
| Report to the trustees/ members of On accounts for the year ended Set out on pages Respective responsibilities of trustees and examiner Basis of independent examiner’s statement Independent examiner's statement Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Kisima Foundation 31stDecember 2024 Charity no (if any)1143266 10 and 11 The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and • to state whether particular matters have come to my attention. My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the requirements: • to keep accounting records in accordance with section 130 of the Charities Act; and • to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Date:*23rdOctober 2025 Mr I S Sivlal FCCA, FCA Hampden House 76 Durham Road London, SW20 0TL |
||
| Mr I S Sivlal | |||
| FCCA, FCA | |||
| Hampden House | |||
| 76 Durham Road | |||
| London, SW20 0TL |
IER
March 2012
9
Section B Disclosure
Only complete if the examiner needs to highlight material problems.
Give here brief details of any items that the examiner wishes to disclose .
IER
March 2012
10
Charity Name Kisima Foundation
CC16a
No (if any) 1143266
Receipts and payments accounts
Period start Period end date date To 01/01/2024 31/12/2024
For the period from
| Section A Receipts and payments Unrestricted funds Restricted funds to the nearest £ to the nearest £ A1 Receipts Donations 35,120 0 0 0 0 0 0 0 0 0 0 0 0 0 Sub total(Gross income for AR) 35,120 0 A2 Asset and investment sales, (see table). 0 0 0 0 Sub total 0 0 25.Total receipts 35,120 0 A3 Payments Grants 20,067 0 Bank charges 110 0 Governance costs 0 0 Subscriptions 0 0 Fundraising Costs 0 0 33.Sub total 20,177 0 A4 Asset and investment purchases,(see table) 0 0 0 0 38 0 0 40.Total payments 20,177 0 Net of receipts/(payments) 14,943 0 A5 Transfers between funds 0 0 A6 Cash funds last year end 7,037 0 Cash funds this year end 21,980 0 |
Section A Receipts and payments Unrestricted funds Restricted funds to the nearest £ to the nearest £ A1 Receipts Donations 35,120 0 0 0 0 0 0 0 0 0 0 0 0 0 Sub total(Gross income for AR) 35,120 0 A2 Asset and investment sales, (see table). 0 0 0 0 Sub total 0 0 25.Total receipts 35,120 0 A3 Payments Grants 20,067 0 Bank charges 110 0 Governance costs 0 0 Subscriptions 0 0 Fundraising Costs 0 0 33.Sub total 20,177 0 A4 Asset and investment purchases,(see table) 0 0 0 0 38 0 0 40.Total payments 20,177 0 Net of receipts/(payments) 14,943 0 A5 Transfers between funds 0 0 A6 Cash funds last year end 7,037 0 Cash funds this year end 21,980 0 |
Section A Receipts and payments Unrestricted funds Restricted funds to the nearest £ to the nearest £ A1 Receipts Donations 35,120 0 0 0 0 0 0 0 0 0 0 0 0 0 Sub total(Gross income for AR) 35,120 0 A2 Asset and investment sales, (see table). 0 0 0 0 Sub total 0 0 25.Total receipts 35,120 0 A3 Payments Grants 20,067 0 Bank charges 110 0 Governance costs 0 0 Subscriptions 0 0 Fundraising Costs 0 0 33.Sub total 20,177 0 A4 Asset and investment purchases,(see table) 0 0 0 0 38 0 0 40.Total payments 20,177 0 Net of receipts/(payments) 14,943 0 A5 Transfers between funds 0 0 A6 Cash funds last year end 7,037 0 Cash funds this year end 21,980 0 |
Endowment funds to the nearest £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Total funds to the nearest £ 35,120 0 0 0 0 0 0 35,120 0 0 0 35,120 20,067 110 0 0 0 20,177 0 0 0 20,177 14,943 0 7,037 21,980 |
|
|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 35,120 0 0 0 0 0 0 35,120 0 0 0 35,120 20,067 110 0 0 0 20,177 0 0 0 20,177 14,943 0 7,037 21,980 |
Last year to the nearest £ 15,120 0 0 0 0 0 0 15,120 0 0 0 15,120 15,000 90 0 0 0 15,090 0 0 0 15,090 30 0 7,008 7,038 |
|||
| Donations | 35,120 | ||||
| 0 | |||||
| 0 | |||||
| 0 | |||||
| 0 | |||||
| 0 | |||||
| 0 | |||||
| Sub total(Gross income for AR) | 35,120 | ||||
| A2 Asset and investment sales, (see table). |
|||||
| 0 | |||||
| 0 | |||||
| Sub total | 0 |
||||
| 25.Total receipts A3 Payments |
|||||
| Grants | 20,067 | ||||
| Bank charges | 110 | ||||
| Governance costs | 0 | ||||
| Subscriptions | 0 | ||||
| Fundraising Costs | 0 | ||||
| 33.Sub total | 20,177 | ||||
| A4 Asset and investment purchases,(see table) |
|||||
| 0 | |||||
| 0 | |||||
| 38 | 0 | ||||
| 40.Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| 14,943 | 0 | 0 | 14,943 | 30 | |
| 0 | 0 | 0 | 0 | 0 | |
| 7,037 | 0 | 0 | 7,037 | 7,008 | |
| 21,980 | 0 | 0 | 21,980 | 7,038 |
CCXX R1 accounts (SS)
20 October 2016
11
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees |
Details Cash at Bank Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 21,980 0 0 0 0 0 21,980 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 0 0 0 0 0 0 Fund to which asset belongs Cost (optional) 0 0 0 0 0 0 Fund to which asset belongs Cost (optional) 0 0 0 0 0 0 0 0 Fund to which liability relates Amount due (optional) 0 0 0 0 0 0 Print Name |
Unrestricted funds Restricted funds to nearest £ to nearest £ 21,980 0 0 0 0 0 21,980 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 0 0 0 0 0 0 Fund to which asset belongs Cost (optional) 0 0 0 0 0 0 Fund to which asset belongs Cost (optional) 0 0 0 0 0 0 0 0 Fund to which liability relates Amount due (optional) 0 0 0 0 0 0 Print Name |
Unrestricted funds Restricted funds to nearest £ to nearest £ 21,980 0 0 0 0 0 21,980 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 0 0 0 0 0 0 Fund to which asset belongs Cost (optional) 0 0 0 0 0 0 Fund to which asset belongs Cost (optional) 0 0 0 0 0 0 0 0 Fund to which liability relates Amount due (optional) 0 0 0 0 0 0 Print Name |
Endowment funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|---|---|
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| OK | ||||||
| Endowment funds to nearest £ |
||||||
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| Current value (optional) |
||||||
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| Current value (optional) |
||||||
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| 0 | ||||||
| When due (optional) |
||||||
| 0 | 0 | |||||
| 0 | 0 | |||||
| 0 | 0 | |||||
| Date of approval 27/10/2025 |
||||||
| Al’adin Maherali | 27/10/2025 | |||||
CCXX R1 accounts (SS)
20 October 2016
12