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2025-05-01-accounts

Trustees Annual Report

Xheladin and Xhufe Morina Foundation

Charity Registration Number: 1185433

Address: 160 Cambridgepark Drive, Cambridge, Massachusetts 02140

Trustees

1. Governance and Management

Structure

The Foundation is managed by a committee of trustees, comprising:

All officers and committee members are legally trustees of the charity. Trustees are responsible for managing the charity, exercising its powers, and ensuring that all income and property are applied solely to the charity’s objectives.

Trustee Eligibility

To qualify as a trustee, an individual must:

Powers and Responsibilities

Trustees have broad powers to further the charity’s objectives, including:

Trustees are also required to:

Conflict of interest provisions require trustees to declare any personal interests and withdraw from relevant discussions.

Membership and Trustee Recruitment

The Foundation operates a trustee-member structure. Trustees are also members and exercise voting rights at general meetings, including elections of trustees and approval of constitutional amendments.

Appointment mechanisms:

  1. Election by Members at General Meeting – Trustees are elected following written nomination and consent. Trustees serve until the next AGM but may stand for re-election.

  2. Appointment by Existing Trustees – Trustees may be appointed between meetings, subject to constitutional limits and office availability.

Removal or cessation of office:

A trustee ceases to hold office if they:

2. Objectives and Activities

During the year, the Xheladin and Xhufe Morina Foundation pursued its charitable objectives to increase STEM opportunities for students in Kosovo, through:

Through its Environmental Neuroscience Research Incubator (ENRI) , the Foundation progressed interdisciplinary research on the effects of environmental stressors (air pollution, noise, heat) on brain health. Activities included:

3. Achievements and Public Benefit

These activities directly further the charity’s objectives and provide public benefit by:

4. Financial Review

The trustees confirm that the charity’s resources were applied solely to further its objectives and in accordance with charity law.

Receipts and Payments Account

Financial period start date: 02/05/2024 Financial period end date: 01/05/2025

Receipts

Description £ Cashback and fee 41.99 refunds Total Receipts 41.99

Payments

Description £
BrainCamp programme costs (travel, accommodation, teachers, stipends) 3859
Student exchange programme (Kosovo Organisation of Medical Students) 4425
Research and programme development (Upwork contractors) 3547
Software, subscriptions and digital services (Dropbox, GoDaddy, SciSpace, 1018
Google, Looka)
Total Payments 12,854.58

Net Movement in Funds

Total Receipts: £41.99 Total Payments: £12,854.58

Net Deficit for the year: (12,812.59)

The deficit was funded from unrestricted reserves held from prior periods.

Statement of Assets and Liabilities

Initial bank balance £22542

Assets

Description £

Bank 10110 balance

Cash in hand 0

Total Assets 10110

Liabilities

Description £

Outstanding liabilities

Total Liabilities

Net Assets

Net Assets: £10110

All funds are unrestricted.

Notes to the Accounts

  1. Basis of preparation

These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011 and applicable regulations for charities with gross income below £250,000.

  1. Fund accounting

All funds held by the charity during the year were unrestricted funds.

  1. Related party transactions

No trustee received remuneration or benefits from the charity during the year. Trustee expenses reimbursed: None