CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1 April 2022 To 31 March 2023 Charity name: KL Foundation Charity registration number: 1184588 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in its governing document Para 1.17 Specifically, to relieve, preserve and protect the health of patients, in 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 activities in relation to those purposes for the public benefit, in particular, the activitie5, projects or services identified in the accounts. Para 1.17 and 1.19 Our future planned activity is designed to address: Greater access to, variety and depth of training solutions. Greater take-up of training opportunities from hard-to-reach demographicsjregions, and Greater uptake of training courses from medical and surgical deaneries. Statement confirming whether the trustee5 have had regard to the Para 1.18 Our Trustees decision-making on planned future activities has been shaped and influenced by the Charity
guidance issued by the Charity Commission on public benefit Commission's stance on public benefit. Specifically, in relation to 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 ma choose to include further statements where relevant about: SORP referen Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38 Other Achievements and Performance 50RP reference During this period, the Foundation has started to collect sponsorship from sponsors for conducting conference and annual meeting, predominantly been in the mode of planning to conduct these in next year. 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
Additional information (optional) You ma 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
Fi nancial Review Review of the charity's financial position at the end of the period Para 1.21 During this reporting period, the Charity received sponsorship income £28k which will be spend in next year for conference and annual tneeting. There are no expenses incurred for this year. Statement explaining the policy for holding reserves stating why they are held Para 1.22 A simple Reserves policy will be developed and implemented once the Foundation commences trading. Amount of reserves held Para 1.22 The charity holds an unrestricted reserve of £27 637. Not applicable Reasons for holding zero reserves Para 1.22 Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.24 Not applicable Para 1.23 The Trustees have no current going- concern issues under consideration. Additional information (optional) You ma choose to include further statements where relevant about: The charity's principal sources of funds (including any fundraising) Para 1.47 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 Other
Structure, Governance and Management Description of charity's trusts: Type of governing document ILI.i)L olo'i,d, royal charter) Para 1.25 The Foundation is governed by, and its priorities outlined in a two.page Charter developed and agreed by the Trustees in 2020. The Charter is reviewed annually to ensure that it remains fit-for-purpose. cio How is the charity constituted? Iv.0 Illlili(-ori)01-clted Isfr)Llcltioii. 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 Para 1.25 Future Trustees will be selected and appointed on merit based on the Foundation's need as defined and agreed by the current Trustees. It is likely that the Trustees will appoint special advisors to provide management capacity ahead of appointing further Trustees. This will allow individuals to assess a degree of compatibility and contribution ahead of new Trustee appointment considerations. Additional information (optional) You ma choose to include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other
Reference and Admi nistrative details Charity name KL Foundation Other name the charity uses None Registered charity number 1184588 Charity's principal address Consulting Rooms 9 Upper Wimpole Street London W1G 6LJ
Names of the charity trustees who manage the charity Name of person (or body) entitled to appoint trustee (If any) None Trustee name Offlce {If any) Dates acted if not for whole year Amyn Haji Trustee Since 25 July 2019 Russ Charlesworth Trustee Since 25 July 2019 None 10 12 14 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re ort was a roved Director name None Name of trustees holding title to property belonging to the charity Trustee name Dates acted If not for whole year None
Funds held as custodian trustees on behalf of others Description of the assets Not applicable held in this capacity Name and objects of the charity on whose behalf the asset5 are held and how thi5 fall within the Custodian charity's objects Not applicable Details of arrangements for safe custody and segregation of such assets from the charity's own assets Not applicable 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 ke ersonnel detai15 None applicable Other o tional information
Russ Charlesworth Amyn Haji
Trustee Trustee 26/09/2024
KL Foundation
Income and expenditure account and Balancesheet for the year ended 31 March 2023
DJH Chester Limited Chester House Lloyd Drive, Ellesmere Port Cheshire CH65 9HQ
K L Foundation
Activity by Fund Report
For The Year Ended 31 March 2023
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Unrestricted Restricted
funds 2023 funds 2023 Total 2023
Income from:
Sponsorship income 28,237 28,237
- -
Donations and legacies
Charitable activities -
-
Fundraising activities
Total Income 28,237 - 28,237
Expenditure on:
Charitable activities - - -
- - -
Fundraising activities
Other expenditure 600 - 600
Total expenditure 600 - 600
-
Net (expenditure)/income 27,637 27,637
Reconciliation of funds
- - -
Total funds brought forward
Total funds carried forward 27,637 - 27,637
Unrestricted Restricted
Total 2022
funds 2022 funds 2022
Income from:
- - -
Sponsorship income
- - -
Donations and legacies
Charitable activities
Fundraising activities
Total Income - - -
Expenditure on:
Charitable activities - - -
Fundraising activities
Other expenditure
- - -
Total expenditure
- - -
Net (expenditure)/income
Reconciliation of funds
- - -
Total funds brought forward
Total funds carried forward - - -
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K L Foundation Activity by Fund Report For The Year Ended 31 March 2023
| INCOME Donations and legacies Income from delegates Grants - other Charitable activities Other fundraising activities EXPENDITURE Raising funds Charitable activities Conference costs Subcontract costs Staff welfare Travelling costs Accomodation Other expenditure Repairs, renewals and maintenance Printing, postage and stationery Advertising and marketing costs Accounatncy fees |
£ 2023 - - - - - - - - - - - - - - - - - 600 600 |
£ 2022 - - - - - - - - - - - - - - - - - - - |
|---|---|---|
KL Foundation
Balance sheet As at 31 March 2023
| Fixed Asset Intangible asset Tangible Asset Current asset Debtors Cash at bank and in hand Current Liabilities Accruals Net current assets/(Liabilities) Reserves |
Unrestricted funds - - - 28,237.42 28,237.42 600.00 600.00 27,637.42 27,637.42 |
Restricted funds - - - - - - - - - |
Total 2023 - - - 28,237.42 28,237.42 600.00 600.00 27,637.42 27,637.42 |
2022 - - - - - - - - |
|---|---|---|---|---|