## **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| |---|---|---|---|---|