**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**
You**may choose**to 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