Trustees’ Annual Report for the period
From 01/04/2022 Period start date To 31/03/2023 Period end date
Charity name: The KONA Foundation
Charity registration number: 1157502
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | 1. Develop young peoples skills, capacities<br>and capabilities.<br>2. Advancing education of young people<br>3. Relieving young peoples unemploymentin the UK and Europe 4. Providing recreational events locally |
| 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 |
In general, KONA helps the local community with local and international volunteers. Activities included beach cleaning, tree planting, gardening and cultural events like a cycling cinema. The impact of Brexit was felt in full force in 2023 - we ran the last project with European volunteers in January 2023. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The main resource of our funds has till January 2023 been from European projects (ERASMUS+ and European Solidarity Corps - ESC). Due to Brexit, we only have been able to realise 5 European projects in the actual activity period. From January, EU funding from our partners (European Solidarity Corps or Erasmus+ Youth) was no longer usable for the UK. We will establish links with Austrian youth groups who could visit us with the help of regional Austrian funds. |
| Para 1.38 |
| Policy on social investment including program related investment |
||
|---|---|---|
| Contribution made by volunteers |
Para 1.38 | Volunteers are the most important asset of our organisation. They have been helping out on many occasions, e. g. preparing for the benefit of the community like cultural evenings, cycling cinema events, beach cleanings and other community activities. |
| 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 | The work within the community by the local and international volunteers was very positive and successful. From May 22 to January 23 we could host 5 groups of European volunteers, 30 young people in total. The volunteers worked in sustainability projects, took part in beach cleaning activities, helped restore an old fisherboat and got in contact with the local community at coffee mornings and photo exhibitions. In August 2022, we ran a cycle cinema project at several locations in Cornwall, which was very well received. |
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 | Also this year we could maintain our stable financial status. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23 |
Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23 |
|
|---|---|---|
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | European grants (ERASMUS+ and European Solidarity Corps) funds were available through the European partners till January 2023. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | Future performance in relation to European funded projects will be affected by the impact of Brexit, but we are looking at alternative options. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Memorandum + Articles of Assoication |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| 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 | Trustee meeting and vote One of the mayor aims it to attract more trustees for the charity |
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 | • Charity Commission guidelines • ERASMUS+ Programme guide • Handbook for projects and events |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | • Board • Director • Volunteers • The Rückenwind Network • Expression of interest within the ESC- programme |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The KONA Foundation |
|---|---|
| Other name the charity uses | KONA |
| Registered charity number | 1157502 |
| Charity’s principal address | The Manse Garret Street Cawsand PL10 1PD Torpoint, Cornwall |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Doreen Westlake | ||||
| Jerome Leopold | ||||
| Markus Albrecht | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name Sarah Hill
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 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) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Markus Albrecht | ||
Chair |
||
| 15.12.2023 | ||
| 15.12.2023 |
CryAny tration nurnb8r. CE002121 Charity regtht1 number.. 1157502 The Kona Foundation for1 Yw Erthd 31 Marth 2Q3
The Kona Foundatlon TfU8too'8 RaF*¥t 2to4
The Kona Foundation Reference and Adminlstrthe Detal Charlty R4gl•tratlon Numb•r 1157502 C•ny R•gl•trth Numb•r CE(KJ2121 Comwal PL10 1PD
The Kona FoundafjoTh Trustee's Report Uquidtyrfsk In ord&r to Mn1n Ik]uwJty to ensure that suff•ient are for q)trations and future Further d8taI5 rfjgarding liquidty risk b? lound in tr Stthnent of COLmtiry policth in tho fmand81 •tataments. The twstee Iwho ra also the dlrectt)r of The Foundal¥M for th8 F4JryW)808 of C•)mpany kw} responble for pTepgring the trustse's report and th• finartthl stolents in 8ecord8nce wth applbI and United Kingdcffl AccountirvJ Stsndaros {United thgth)m Genor8ly Acc8pt•d Accounting PractiCAJI. indudino FRS 102 Yhe FkJwKial Rtywthig StarKlaJd 4wlKablè rn the UK and Rapublic of Irelanrr,. Company 18w rwir•s tho member to fin•Kkl for each ffi•ncial year. UnLfgr mpany14w the member rnu nol approw the finan¢l Btat8m•nts uthss 8he 8•118fied that Ihty gNe twe and falr of tho stat• of affalrn d th• charitabb compw of tho IncomirvJ raUrc?8 ond 4pplicallon of fesoureès. inthdwjg 118 incrMn• and e4xndlknre. ¢ the th•ritalAe uynpany for that perftrj. In preparing theso finanual tements. ts membw * required t(k' . 80lect 8ull8bkn &countI polth appty them cyjnst8nttr. State whether app¢th accoLFnting 8tsnddB, coworning FRS 102 l)98n fot&y&8. •uty'•ct to any materbal d8POrtUfeB di8cI)$8d and li the financi stst•monts.' and epare the thancial 8tslem8nts on th• gtsiffj ¢c¥vxn b18 LtnleBO il kn Inwowlattr to w•Jum• that the charitabtg company wll C#Jntinu8 h lyjsinem. The member 15 reaponslble for koeplng pyoper accout)Ilng record6 that can dix408e with w8onablo accuracy at any time the fin8ndal posiljon of th• charilabl• ConY enth them to ¥n$ure that th• flnandal 8tat¥ment8 ctynpty wth tha Compan1•6 Act 2thX. She 18 460 respo6 for 8afeguardin9 tho 88#ets of the charit8bl• ¢CAnnY and hence for l&kno r8a8orth 818ps lor thg prevenkn and dèt•ction of Ir•ud arml other Irrngulrit8. The tru8t•• 18 rnspon81bl• for tha ma1rrt•nar •nd intsgrity of the ¢F)rate and flnanaal inf0rna0n includèd on the Chatak c<xnpaty8 ¥•Ybs6t•. Lw'818lb)n 90M9 th• prepw4tl)n d1sWn81Kjn of fln•rKkl 81•teml may thif•rfrom ltylthlh)n kn othefluinJklKJns.
The Kona Foundation Tn0.9 Report Dloclosurn of Infomiatlon to 4udltor The memkér has tsken 8teps thot sh• to Imve lak•n as a fflb kn order to make hertew vware of any fdewant audit infom)th and to e8tabMth that the chariV$ auditor is of that infomiation. The memb•r confirms th8t tr8 is no rdewant tsrfDrm that sh? kn(yws of and of whith know$ thè •udttor 4 Une. The annud repjrt w88 by t member ( chwty on U. Il. j3... 8nd n•(l on its trAha Lk£fu) Tru8te8
Charter•d Accountsnts. Report to the Trust•• on the Prwratlon of the Unaudlted Statsrtory Accounts of The Kona Foundation for th• Year Ended 31 March 2023 In Order to 88si you to fuifif yow dirtle¥ urwjer the Crygnies Act 2008. hwe prepored for your aFprov81 the accounts ol The Foundalyjn for the )wr ded 31 March 2023 85 8et ¢t on p40$ 7 10 8 fmm tha i#ynpans ac¢ounkng rxNds frcrfn rnfonkn and you ghen us. Ae 8 PTa¢li¥iFVJ momber fimi of th• Chart8red Inslituts of Marwent knuntsnts ICIM41, we ar& subiect to its ethical and wofessional wirgmwts wlxch aro detal hty'.IhJw.cunagbbo1.comfPROFESSIONALIEThICS. Th1$ r•port Is made sow lo the TnBtees af The Kona Fourthtb)n. Our work has been unthrtaken solely to prepare for your 8pprcNal the thunts d Thé K¢m FoulthtJn ¥Kt state thoso matters that VÈ hav8 agreed lo state lo the TN5tees ofThe FtsJThJgtiw. To the lullest ethnt pemiittgd by law, w8 do not accept or a$sum8 reBFoll8iblty to anyom oth8r than Th• Fourthn and its Trusta88 88 a L)dy for our wcvk or for Ihh reporL It L8 your duty to erkryur• that T Kona Foundatiw k•pt wjoquato accounkng recor(Is and to prepare Italirtory accounts that glve a tru• and thr crf the ass•ls. IIthIAbes. finw)cial POBition and of Tho Kona FourthtKffi. You coniia•r that The KOM FoJrthlkn18 8xty tram tho ststutory aLKht r•gulfvmenl for th• ye8r. have not been b) cwry a) or a r8¥lffiT rf the aca)unts Thè Kon• Foundgtb)n. For th ie88on. we ha¥• not ¥•rifieA or of the acr£Junting records or tnfom)atk)n and expknatkns Iwe gtth to us aThJ do irt thw•tse, •Xprn any opinlon on tho 8t•tutory Accounts. Carèy Acco(tntsn¢y Ltd Hlgher Tr¥yMe Polbalhic Comwall PL11 3HE 14.J.i.i.1. 2023
The Kona Foundation Independent Examlnevs Report to tho trustse of Tho Kona Foundatlon fthe Company,) I report to thg tharty trustee on my ex7 d th8 )Trts af th8 cnY fDr thg Jwr end&S 31 March 2023. R•BpoMlbllttlM nd of r•port AS the thafrty's trustso of the Cunpany land d50 it8 tkn for wrpov86 cl company ITh) you are Act 20CE I'the 2C(6 A¢VI. sallrfd m>that th• acc oftho Cryny ncrt rnqUIr to oudlted und8r Part fo of the 2006 Act and •re eligibl• for ind8p examlnalion, I rw in re8pe¢t of my ex•ninatic)n of your charity'$ arrLJLtnts as cwrd tyjt ld01 aectw 145 of th• Ch¥ii Act 2011 I'the 2011 ACVI. In carrying out my examination I hav• foU(ywl thè trectm gp4•n ty Ihe Charity Cwimi8siDn urvjer sedon 14SI51{bl of tho 2011 A Ind•p•nd•nt •Mmln•rf8 •t•t•m•nl l ¥8 completed my examimtion. I cthfflrm thal no my attention kn cMrlion with the examination gmng me caw to teliwe.. 1, 4Kcouftttng recortlD vnr• not Wt kn i•ip•¢t cl Thg K(¥)a 18 rtswlrJ by ¥•cdon 386 of the 20(6 £L or 2. tho acLy)unts do rt accord Mfjlh thosg r01$., 3. the 8ccount8 do not ¢c4npty wlh thè acuunllnp rtyulrements ol 8•Ctton 3 of the 21)J8 A¢t olh¢r Ihan any wuiremonl that the ac¢tyJnts glv• a ar f8tr ¥lsW whth 19 not 8 matt•r ¢on8ld8red part of on Iiid8wd•nt •x•mlnat•x,' or 4. the ae¢ounts nc4 b••n prepa1 In 8rd)c wfth th• metr18 and prfndplo8 of th& Statement of ReconThnd8d PTth for axounting aThJ r•ptydng by chaTit8 lapplubk lo charill06 proparlng thelr a¢Urts li ac¢xrkn t1 Fironcid standa aFf4k4bL* Sn the UK and RepublK dlroland IFRS 102)J. I have no wicams and come across clhr mattws In cOnbOn with thg examinatton to whlch attention ¥houhl k drnwn in this rep)rt in order to •nat4• a FYop•r und•rst8nding of aceounts to be reached. ci
The Kona Foundatlon Statement of Flnanelal Acllvftles for the Year Ended 31 March 2023 (Includlng Income and Expendlture Account and Statement of Total Recognised Galns and Losses) ilnr••lrkt•d Totsl fund• 2023 Donalion8 legacies Total Inc 40,805 ExndItur• on: Raising funds Charit8k48 a 136,7rn 12.122 136.777) 12.122 Total eynd Nel •yndibJre 48.899 8.094 movgm•nt In fund• R•¢onlIall oflund• Tot•1 fundB Ixtyjght forward Tolal lund8 camed lovrd (8.0941 16,0941 11.227 3.133 3.133 Total 2022 nd¥ In¢omg And Endowm• froffl: DonalSon8 and legactes Total incom• 389 389 389 389 Exp•ndltur• on: Raising lund8 CharSthbl• activltt88 (4,1891 6.$ {4,1891 Total •xp•ndftLtrr• Ngt expenditur• N•t movemgnt in lundB R•cancUl*tlon olfundl Total lund8 trAought foThArd T+)l•l funds carried foTr¥ard 10.784 10,395 110,395) 110,3951 21.821 11,226 11,226 The fijnds bfvakdcvm for 2¢)22 is 8htywn In ncts .
The Kona Foundation (Registratlon number CE002121) Balance Sheet as at 31 March 2023 2023 2022 Flxod a•••ts Tanoibk os80ts Curr•nt •Mèts Cash at bank aFh8 kn h8ThJ Cr•dltoY¥: Amount• failng du• wthln 4>n• y••r N•t¢urr•nt a•••ts 3,159 1.182 8.744 677 1.076 8.C67 3.133 Fund• olth• eh•rMy: lJnr•8trlct•d l•Kom• fvndl Unre81rictod fund8 Total fvndl 3.133 11.228 11,228 Tho finar*rAal st8t8nth on p•g88 7 tr) 8 aFwv•J ty th•. •Jthwknod for1•8tse on ..... . . .. and 8Sgned on bghall ty. 22../1 Uoa3. 148 Doreen W•8llake Tiustee
The Kona Foundation Independent Examlnerfs Report to the trustee of The Kona Foundation {Yhe Compan) March 2023. RMpoMibillll•• and bMl• of r•port As the chafW$ trustee of the C(xnpany land aso its dife(kn for the puSe$ of I) you are responsible for the preparntion of the in cnrdance the requirements of the Compan Ad 2{(h9 20)6 kl'l. the 2006 Act and are eligible for Inde[dent exnir1On. I rewrt M respect of my eXIn¥tyjn of your chanty's X1jnts as Caled oul under secbon 145 of the Charth6s Ad 2011 ('thé 2011 Acl'l. In carrying t my examination I have f[4¢Y1 the gr by Ihe Charity Commi8sicm un(ler stIOn 145151{bl of the 2011 Indop•nd•nt •xamln•rf• 8tatom the examination gNing me cause to beliwe.. the 20C6 Act., or 2. the accounts do not crd with those rocryds: or 3. the ac£ounts do not wth tho accwnthvj Nuirets of $¢dn 396 of the 2006 Act other than any requiremenl Ihal the xcounts we a and fabr whth ks not a matter CSIded as part of an indepentlent examinab)n'. or 4. the acwJnls have ncrt been prpped in &ts)rdanc• wlth thè meth(th and prinaples of the Statemonl of Reoynmanded Practtt for acctrtintbTrJ ar rewrtirnJ by chanties laFpbcabl8 to chanti68 pieparing their aeeounts in accordance thtr Finarhial ReForting Standard aprAicable in the UK and Irelarvj {FRS 102)]. I have no concerns and come 086 mailers in connth wih the exaninatw)n to whi¢ attention should b8 drawn in this report in order to enAe a pruper understandin9 of tho actounts to be reaehed. ci 1.41.1.i..L3