Trustees’ Annual Report for the period
From 1 April 2023 To 31 March 2024
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
activities in relation to and Our future planned activity is
those purposes for the 1.19 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 -----
| 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 fundingor demographics. |
|
|---|---|---|
Additional information (optional) You may choose to include further statements where relevant about:
----- Start of picture text -----
SORP reference
Policy on grant making Para 1.38
Policy on social Para 1.38
investment including
program related
investment
Contribution made by Para 1.38
volunteers
Other
----- End of picture text -----
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 | During this period, the Foundation has actively started to collect sponsorship from sponsors and have conducted conferences and annual meetings, to further raise funds. The foundation has further plans to conduct professional development sessions for young doctors and nurses to improve their opportunities and in turn provide health care for the general public. |
Additional information (optional) You may choose to include further statements where relevant about:
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
Financial Review
----- Start of picture text -----
Review of the charity’s Para 1.21 During this reporting period, the
financial position at the Charity received sponsorship income
end of the period of £150k and income from delegates
£13k which expended for our teams,
faculty and annual meeting. There is
a bank balance of £30,890 at the end
of the period which will expended in
next year.
Statement explaining Para 1.22 A simple Reserves policy will be
the policy for holding developed and implemented once
reserves stating why the Foundation commences
they are held trading.
Amount of reserves held Para 1.22 The charity holds an unrestricted
reserve of £30,127.
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 The Trustees have no current going-
uncertainties about the concern issues under
charity continuing as a consideration.
going concern
----- End of picture text -----
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any Para 1.47 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
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:
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
Reference and Administrative 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
----- Start of picture text -----
Dates acted if not for Name of person (or body)
Trustee name Office (if any) entitled to appoint trustee
whole year (if any)
1 Amyn Haji Trustee Since 25 July 2019 None
Russ Charlesworth Trustee Since 25 July 2019 None
2
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 fall 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
Russ Charlesworth Amyn Haji
Trustee Trustee 26/09/2024
KL Foundation Income and expenditure account and Balancesheet for the year ended 31 March 2024
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 2024
----- Start of picture text -----
Unrestricted Restricted
Total 2024
funds 2024 funds 2024
Income from:
Sponsorship income 150,993 150,993
Donations and legacies 13,159 - 13,159
Charitable activities -
-
Fundraising activities
Total Income 164,152 - 164,152
Expenditure on:
Charitable activities 160,053 - 160,053
Fundraising activities
Other expenditure 1,609 - 1,609
Total expenditure 161,662 - 161,662
Net (expenditure)/income 2,490 - 2,490
Reconciliation of funds
Total funds brought forward 27,637 - 27,637
Total funds carried forward 30,127 - 30,127
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
----- End of picture text -----
K L Foundation Activity by Fund Report For The Year Ended 31 March 2024
| INCOME Donations and legacies Income from delegates Grants - other Charitable activities Handling fees Room hire income Other income Fundraising 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 |
£ 2024 13,159 - 13,159 - - - - - - - - - - 41,281 81,575 1,195 19,784 16,218 160,053 - 49 360 1,200 1,609 |
£ 2023 - - - - - - - - - - - - - - - - - - - - - - - |
|---|---|---|
KL Foundation
Balance sheet As at 31 March 2024
| 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 - - - 1,037.00 30,890.00 31,927.00 1,800.00 1,800.00 30,127.00 30,127.00 |
Restricted funds - - - - - - - - - - |
Total 2024 - - - 1,037.00 30,890.00 31,927.00 1,800.00 1,800.00 30,127.00 30,127.00 |
2023 - - - 28,237.42 28,237.42 600.00 600.00 27,637.42 27,637.42 |
|---|---|---|---|---|