OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Trustees’ Annual Report for the period

From 1 April 2021 To 31 March 2022 Charity name: Kl Foundation

Charity registration number: 1184588

Objectives and Activities

----- Start of picture text -----
SORP reference
Summary of the Para 1.17
purposes of the charity Specifically to relieve, preserve and
as set out in its protect the health of patients, in
governing document particular but not exclusively in the
field of endoscopy and surgery, and in
particular by advancing the education
of the public and health care workers
by the provision of lectures and
practical training.
In practical terms:
Improving the opportunities for nurses
and young doctors to attend training.
Supporting professional development
for nurses and young doctors
Summary of the main Para 1.17 and
1.19
activities in relation to Our future planned activity is
those purposes for the designed to address:
public benefit, in
particular, the activities, · Greater access to, variety and depth
projects or services of training solutions;
identified in the
accounts. · Greater take-up of training
opportunities from hard-to-reach
demographics/regions, and;
· Greater uptake of training courses
from medical and surgical deaneries.
Statement confirming Para 1.18 Our Trustees decision-making on
whether the trustees planned future activities has been
have had regard to the shaped and influenced by the Charity
----- End of picture text -----

----- Start of picture text -----
guidance issued by the Commission’s stance on public
Charity Commission on benefit. Specifically, in relation to
public benefit public benefit, the Foundation aims to
provide individuals will access to
training opportunities that ordinarily
they may not miss out upon by reason
of funding or demographics.
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
Para 1.38
Contribution made by
volunteers
Other
----- End of picture text -----

Achievements and Performance

----- Start of picture text -----
SORP reference
During this period, the Foundation has
predominantly been in the mode of
planning and awareness building in
Summary of the main preparation for commencement of
Para 1.20
achievements of the trading in late 2022/early 2023.
charity, identifying the
difference the charity’s Such activities have included:
work has made to the
circumstances of its -refining the Foundation’s charter so it
beneficiaries and any can be simply communicated;
wider benefits to society
as a whole. -the identification of sources of funds
and subsequent exploratory contact
with organisations and individuals;
-prioritising uses of new funds so they
can be properly organised and
resourced.
----- End of picture text -----

Additional information (optional)

You may choose to include further statements where relevant about:

----- Start of picture text -----
Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
----- End of picture text -----

Financial Review

----- Start of picture text -----
Review of the charity’s Para 1.21 During this reporting period, the
financial position at the Charity did not receive any income or
end of the period incur any costs.
Statement explaining Para 1.22 The Charity does not currently hold
the policy for holding reserves. A simple Reserves policy
reserves stating why will be developed and implemented
they are held once the Foundation commences
trading.
Amount of reserves held Para 1.22 Not applicable
Reasons for holding zero Para 1.22 Not applicable
reserves
Details of fund materially Para 1.24 Not applicable
in deficit
Explanation of any Para 1.23 With a reasonable expectation of new
uncertainties about the funds becoming available in early
charity continuing as a 2023,the Trustees have no current
going concern going-concern issues under
consideration.
----- End of picture text -----

Additional information (optional)

You may choose to include further statements where relevant about:

----- Start of picture text -----
The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
----- End of picture text -----

Structure, Governance and Management

----- Start of picture text -----
Description of charity’s
trusts:
Type of governing Para 1.25 The Foundation is governed by and its
document priorities outlined in a two-page
(trust deed, royal Charter developed and agreed by the
charter) Trustees in 2020. The Charter is
reviewed annually to ensure that it
remains fit-for-purpose.
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Future Trustees will be selected and
methods including appointed on merit based on the
details of any Foundation’s need as defined and
constitutional provisions agreed by the current Trustees. It is
e.g. election to post or likely that the Trustees will appoint
name of any person or special advisors to provide
body entitled to appoint management capacity ahead of
one or more trustees appointing further Trustees. This will
allow individuals to assess a degree of
compatibility and contribution ahead
of new Trustee appointment
considerations.
----- End of picture text -----

Additional information (optional)

You may choose to include further statements where relevant about:

----- Start of picture text -----
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
----- End of picture text -----

Reference and Administrative details

Charity name

KL Foundation

----- Start of picture text -----
Other name the charity None
uses
Registered charity 1184588
number
Charity’s principal Consulting Rooms
address 9 Upper Wimpole Street
LONDON
W1G 6LJ
----- End of picture text -----

Names of the charity trustees who manage the charity

----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Amyn Haji Trustee Since 25 July 2019 None
Russ Trustee Since 25 July 2019 None
2
Charlesworth
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
----- End of picture text -----

Corporate trustees – names of the directors at the date the report was approved Director name

None

Name of trustees holding title to property belonging to the charity

----- Start of picture text -----
Trustee name Dates acted if not for
whole year
None
----- End of picture text -----

Funds held as custodian trustees on behalf of others

Description of the assets Not applicable held in this capacity

Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements Not applicable 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

None applicable

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) Russ Charlesworth Full name(s) Amyn Haji Position (eg Trustee Trustee Secretary, Chair, etc)

Date 21/11/2022

KL Foundation 1184588

Receipts and payments accounts

4/1/2021 3/31/2022 To

For the period from

Section A Receipts and payments

Unrestricted Restricted Endowment funds funds funds to the nearest to the nearest £ to the nearest £ £

Total funds

to the nearest £ to the nearest £

A1 Receipts

----- Start of picture text -----
None - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) - - - -
A2 Asset and investment sales,
(see table).
None - - - -
- - - -
Sub total - - - -
Total receipts - - - -
A3 Payments
None - - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ - ] - - -
A4 Asset and investment
purchases, (see table)
None - - - -
- - - -
Sub total [ - ] - - -
Total payments - - - -
Net of receipts/(payments) - - - -
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end - - - -
----- End of picture text -----

Section B Statement of assets and liabilities at the end of the period

Unrestricted Unrestricted Restricted
Categories Details funds funds
to nearest £ to nearest £
B1 Cash funds None Total cash funds


-
-
-
-






-
-
-
-
(agree balances with receipts and payments
account(s))
OK OK
Unrestricted Restricted
funds funds
B2 Other monetary assets Details
None
to nearest £
-
to nearest £
-
- -
- -
- -
- -
- -
Details Fund to which
asset belongs
Cost (optional)
B3 Investment assets None 0
-
-
-
-
-
B4 Assets retained for the Details
None
Fund to which
asset belongs
0 Cost (optional)
-
charity’s own use -
-
-
-
-
-
-
-
Details Fund to which
liability relates
Amount due
(optional)
B5 Liabilities None 0
-
-
-
-
-
Signed by one or two trustees on
behalf of all the trustees
Signature Print Name
Russ Charlesworth
Amyn Haji

----- Start of picture text -----
CC16a
----- End of picture text -----

Last year

to the nearest £

-

-

-

-

Endowment funds to nearest £ - - - -

OK

Endowment funds to nearest £ - - - - - - Current value (optional)

-

Current value (optional)

When due (optional)

----- Start of picture text -----
Date of
approval
11/24/2022
11/24/2022
----- End of picture text -----