## **KD FOUNDATION** # **UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD** **01 JAN 2024 TO 31 DEC 2024** **Charity Number 1188932** |**CONTENTS**|**PAGE**| |---|---| |Members of the Board and professional advisers|**3**| |Trustees Annual Report|**4**| |Statement of financial activities (incorporating the income and|**9**| |expenditure account)|| |Statement of Financial Position|**10**| |Notes to the financial statements|**11**| ## **KD FOUNDATION** ## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS** Registered charity name KD Foundation Charity number 1188932 Registered office Flat 9 Rodings Court 134 The Avenue London E4 9RP Trustees Mr. Farrukh Shahzad Mr. Khalid Dahbi Mrs. Eliz Dahbi Independent examiner FS Financial Services Limited 124 City Road London EC1V 2NX **- 3 -** ## **KD FOUNDATION** ## **TRUSTEES ANNUAL REPORT PERIOD ENDED 31 DECEMBER 2024** The trustees present their report and the unaudited financial statements of the charity for the period ended 31 December 2024. ## **Reference and administrative details** Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements. ## **The Trustees** The trustees who served the charity during the period were as follows: Mr. Farrukh Shahzad Mr. Khalid Dahbi Mrs. Eliz Dahbi ## **STRUCTURE and MANAGEMENT GOVERNANCE DOCUMENT** KD Foundation is constituted as a charitable Trust and was registered with the Charity Commission on 6[th] April 2020, under the charity number 1188932. It is governed by a Deed of Trust. ## **ORGANISATIONAL STRUCTURE** The Trustees are responsible for the general control and management of the Foundation. The Trustees give their time freely and receive no monetary compensation or any other financial benefits. The Trustees meet regularly, and when specific need arises. They are responsible for all decisions taken in relation to the running and maintenance of the foundation. **- 4 -** ## **KD FOUNDATION** ## **RISK MANAGEMENT** The Trustees assess the risks the Foundation faces and continually try to mitigate any identified risks. DBS criminal record checks for appropriate personnel are regularly processed and kept up to date. The Trustees also ensure suitable insurance covers are maintained and the Health and Safety regulations are met. ## **AIMS AND OBJECTIVES** The object of the Foundation is set out in the Charity’s Trust deeds. - The charity provides relief to the vulnerable people of our society globally by providing them necessities including food, clothing, education, health, and medications. The charity also helps in environmental activities to tackle our climatic issues. The Trustees review these objectives regularly to ensure demands and needs of the community are met. ## **STRATEGIES** We ensure our Foundation is a welcoming venue for all sectors of the community, as well as people of different faiths. We distribute donations to the needy in the UK, and internationally (particularly Pakistan, India, Bangladesh, Africa, United States, and other disaster-struck areas) to cover their basic needs of shelter, food, clothing and urgent financial support. An important part of our strategy is community welfare and education. Most of our activities are free and supported by donations. **- 5 -** ## **KD FOUNDATION** ## **USE OF VOLUNTEERS** Volunteers play an important role in both our faith and community work. Since we are starting up, we have no people regularly giving their time. We encourage all members of our Foundation to be involved in voluntary activities and to share skills with others. ## **GRANT MAKING POLICY** The Foundation relies mainly on donations for various disaster appeals arising from natural calamities around the world, where fundraising and aid decisions are made by the Trustees. The Foundation also donates money to educational and welfare charities in those countries. Whenever possible, our Trustees personally oversee the distribution of funds in the affected areas. We work with partner organizations, when necessary, to identify the direness of the circumstances, and allocate the donations accordingly. The donation procedure is strictly controlled by the Donation Request and Award approved by the trustees. ## **ACTIVITIES AND ACHIEVEMENTS** ## **Who the charity helps:** - Children/young People - Elderly/old People - People With Disabilities - People Of a Particular Ethnic or Racial Origin ## **How the charity helps:** - Makes Grants to Individuals - Makes Grants to Organisations - Provides Other Finance - Provides Buildings/facilities/open Space - Provides Services - Provides Advocacy/advice/information - Sponsors or Undertakes Research - Acts As an Umbrella or Resource Body **- 6 -** ## **KD FOUNDATION** ## **Our future plans** Trustees continue to devote more effort in the improvement and expansion of the services that the charity offers. Charity is also aiming to launch a new initiative to tack global deforestation in major parts of the world cutting carbon emissions. **- 7 -** ## **KD FOUNDATION** ## **Reserves Policy** It is the charity’s policy to maintain a balance on unrestricted funds (if possible), which equates to at least one month’s unrestricted payments to cover emergency situations that may arise from time to time. It is our policy to invest our funds balances on property or any low to moderate risk investments. All the investment decisions must be authorized by all the trustees. ……………………………………. Khalid Dahbi (On behalf of all of the Trustees) Flat 9 Rodings Court 134 The Avenue London E4 9RP Dated: 27 October 2025 **- 8 -** ## **KD FOUNDATION** ## **Statement of Financial Activities Period Ended 31 December 2024** |**Notes**
**Income and Endowments**
Donations and Legacies
**Total Income**
**Expenditure**
Expenditure on raising funds:
Expenditure on charitable activities
**Total Expenditure**
**Net Income and Net Movement in Funds**
**Reconciliation of Funds**
Total funds brought forward
**Total Funds carried forward**|||Amounts
**Total**
**Funds**

**296**
**296**
**269**
**269**
**27**

**0**

**27**|in GBP(£)| |---|---|---|---|---| ||**2024**|||2023| ||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**Funds**|Total
Funds| |||||| ||296|
0|
**296**|0| ||296 0|||0| ||269|0|**269**|0| ||269 0|||0| ||270|||0| ||0
0|||0| ||27
0|||0| The statement of financial activities includes all gains and losses recognised in the year. **- 9 -** ## **KD FOUNDATION** ## **Statement of Financial Position Period Ended 31 December 2024** |**Statement of Financial Position**
**Period Ended 31 December 2024**||||| |---|---|---|---|---| |**Fixed Assets**
Tangible fixed assets
**Current Assets**
Debtors
Cash at bank and in hand
**Creditors: falling due within one year**
**Net Current Assets**
**Total Assets less Current Liabilities**
**Funds of the Charity**
Restricted funds
Unrestricted funds
**Total Charity funds**|Amounts in GBP(£)|||| |||**2024**|2023|| |||||| |||**0**|
0|| |||**0**
0||| |||**0**
**27**|
0

0|| ||
|**27**
**0**|0
0|| |||**27**|
0|| |||**27**
0||| |||**0**
**27**|
|0
0| |||**27**
0||| These financial statements were approved by the board of trustees and authorised for issue on 27 October 2025. Trustee (On Behalf Of All The Trustees) **- 10 -** ## **KD FOUNDATION** ## **Notes to the Financial Statements Period ended 31 December 2024** ## **1 General information** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Flat 9, Rodings Court, 134 The Avenue, London, E4 9RP - **2** ## **Statement of Compliance** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3 Accounting policies** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in Sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds. **- 11 -**