## **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 people`s skills, capacities
and capabilities.
2. Advancing education of young people
3. Relieving young people`s unemployment
in 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
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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 M￿n￿1n 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} respon￿ble for pTepgring the trustse's report and th• finartthl stolen￿ts in 8ecord8nce w*th appl￿bI 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 ra￿Urc?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 cyjns￿t8nttr. State whether app￿¢th accoLFnting 8tsnd*dB, coworning FRS 102 l)98n fot&y*&8. •uty'•ct to any materbal d8POrtUfeB di8cI)$8d and li the financi￿ stst•monts.' and epare the thancial 8tslem8nts on th• gtsiffj ¢c¥vxn b￿18 LtnleBO il kn Inwowlattr to w•Jum• that the charitabtg company wll C#Jntinu8 h lyjsinem. The member 15 reaponslble for koeplng pyoper accout)Ilng record6 that can dix408e with w8onablo accuracy at any time the fin8ndal posiljon of th• charilabl• Co￿￿nY enth them to ¥n$ure that th• flnandal 8tat¥ment8 ctynpty wth tha Compan1•6 Act 2thX. She 18 460 respo￿￿￿6 for 8afeguardin9 tho 88#ets of the charit8bl• ¢CAn￿nY and hence for l&kno r8a8orth 818ps lor thg prevenkn and dèt•ction of Ir•ud arml other Irrngul*rit￿8. The tru8t•• 18 rnspon81bl• for tha ma1rrt•nar￿ •nd intsgrity of the ¢￿F￿)rate and flnanaal inf0rna￿0n includèd on the Cha￿tak￿ c￿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 cwr*d tyjt l￿d01 aectw 145 of th• Ch¥ii* Act 2011 I'the 2011 ACVI. In carrying out my examination I hav• foU(y*wl thè t￿rect￿m 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 cMr*lion with the examination gmng me caw to teliwe.. 1, 4Kcouftttng recortlD vnr• not Wt kn i•ip•¢t cl Thg K(¥)a 18 rtswlr*J by ¥•cdon 386 of the 20(6 *£L or 2. tho acLy)unts do r￿t accord Mfjlh thosg r￿0￿1$., 3. the 8ccount8 do not ¢c4npty wlh thè acuunllnp rtyulrements ol 8•Ctton 3* of the 21)J8 A¢t olh¢r Ihan any wuiremonl that the ac¢tyJnts glv• a ar￿ f8tr ¥lsW whth 19 not 8 matt•r ¢on8ld8red part of on Iiid8wd•nt •x•mlnat•x,' or 4. the ae¢ounts nc4 b••n prepa1￿ In 8￿rd￿)c* wfth th• metr￿18 and prfndplo8 of th& Statement of ReconThnd8d PTth for axounting aThJ r•ptydng by chaTit*8 lapplubk* lo charill06 proparlng thelr a¢￿Urts li ac¢xrkn t1￿ Fironcid standa￿ aFf4k4bL* Sn the UK and RepublK dlroland IFRS 102)J. I have no wicams and come across clhr mattws In cOn￿bOn with thg examinatton to whlch attention ¥houhl k drnwn in this rep)rt in order to •nat4• a FYop•r und•rst8nding of aceounts to be reached. ci The Kona Foundatlon Statement of Flnanelal Acllvftles for the Year Ended 31 March 2023 (Includlng Income and Expendlture Account and Statement of Total Recognised Galns and Losses) ilnr••lrkt•d Totsl fund• 2023 Donalion8 ￿ legacies Total Inc 40,805 Ex￿ndItur• on: Raising funds Charit8k48 a 136,7rn 12.122 136.777) 12.122 Total eynd Nel •yndibJre 48.899 8.094 movgm•nt In fund• R•¢on￿lIall￿ oflund• Tot•1 fundB Ixtyjght forward Tolal lund8 camed lov￿rd (8.0941 16,0941 11.227 3.133 3.133 Total 2022 nd¥ In¢omg And Endowm•￿ froffl: DonalSon8 and legactes Total incom• 389 389 389 389 Exp•ndltur• on: Raising lund8 CharSthbl• activltt88 (4,1891 6.$ {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 st8t8n￿th 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 pu￿Se$ 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 ex*nir￿1On. I rewrt M respect of my eX￿In¥tyjn of your chanty's ￿X1jnts as Ca￿led oul under secbon 145 of the Charth6s Ad 2011 ('thé 2011 Acl'l. In carrying t my examination I have f[4¢Y￿*1 the gr￿ by Ihe Charity Commi8sicm un(ler s￿tIOn 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 ￿cr￿d with those rocryds: or 3. the ac£ounts do not wth tho accwnthvj Nuire￿ts of $¢d￿n 396 of the 2006 Act other than any requiremenl Ihal the xcounts we a and fabr whth ks not a matter C￿SId￿ed as part of an indepentlent examinab)n'. or 4. the acwJnls have ncrt been prpp*ed 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 en*Ae a pruper understandin9 of tho actounts to be reaehed. ci 1.41.1.i..L3