Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Company registration number.. 12616177 Charity registration number.. 1191050 Kingsley Foundation IA company limited by guaranteel Annual Report and Financial Statements for the Year Ended 30 September 2025
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Contents Reference and Administrative Detsils Trustees Report 2to4 ststement ol Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities BalanGe Sheet Notes lo the Financial Sl*ements 91014
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Reference and Administrative Details Trustees '. GTOY I S Jarvis C D Thayan E D Thayan S C Thayanandarajah V Thayanandarajah D Edwards. Trustee on S Ferguson. Trustee only S Dissanayake, Trustee onty R Thayan (appointed 14 September 20251 Principal Office Kingsley House Clapham Road South Lowestoft SLrffolk NR32 10S The charty is incorporated in England and Wales. 1191050 Charity Registration Number Company Registration Number 12616177 Independent Examiner Francis Clark LLP Independent Examiner Melwlle Building East Unit 18. 23 Royal William Yard Ptymouth Devon PL1 3GW Page 1
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Trustees Report The Iruslee5, who are directors for the purposes of company law lexcepl as noted below), present the anllual report together with the financial slalemenls and auditors. report of the charitable company for the year ended 30 September 2025. Trustees and directors.. GTOY ISJaMs C D Thayan E D Thayan S C Thayanandarajah V Thayanandatajah D Edwards. Trustee onty S Ferguson. Trustee onty S Dissanayake, Trustee on R Thayan lappointed 14 September 20251 Objectives and activities The charity's objectives are lo benefft the public by.. Promoting general charitable causes and purposes for the relief of povety.. - Advancing the interests of children and the elderty affected by financial hardship". and Such other charitable purposes as the trustees in their absolute discretion shall determine. The charity was established following the outbreak of Covid-19 in the UK in order to help allewate some of the financial difficulties experienced as a resuh of the ensuing economic ¢onstraints. 11 seeks lo make grants lo individuals in need of financial assistance and provide them wrth advice or information regarding the management of their personal finances. Public benefit The charity actively promotes awareness of the hardships faced by disadvantaged individuals and families arising as a consequence of and in geneial relation to the Covid-19 pandemic. The Iruslees confimi that they have complied wrth the requirements of section 4 of the Charities Act 2011 to have due regard to Ihe public benefit guidance published by the Charity Commission for England and Wales. Page 2
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Trustees Report Achievements and perforniance The charity ha5 worked to prowde assistance. in the first instance. lo current and fom)er employees of Kingsley Healthcare. their spouses and their family members. The charity mainly offers iwo type5 of finan¢ial support. being Essential Support Payments {'ESPs"I and Emergency Grants I"EGs'1. ESPS are advance payrnenls made to offset the a¢quisition cost of an item or service iequired to restore the qualty of life of a Kingsley employee andlor their family. or simply lo sustain their basic health 8nd wellbeing. ESPS take the fomi of a loan and are repaid to the ¢harity over a period ol time. EG5 are payments made lo support current or former Kingsley staff members experiencing unforeseen or lrfe ¢hanging circumstances. specrfically where the individuals do not have the resources lo meet any associated expenses. These payments can. for example. be made in order lo meet unanticipated funeral costs and the funding of fijture educalK)nal needs foi the children of the deceased. Financial review During the period under review. the challty made payments lotalling £11.500 10 indwiduals in need of financial assistan. Cash reserves as at 30 September 2025 amounted to £26.517. Principal funding sources The chartty receives rts f(Jnding from donations. Aims and key objectives forfuture periods The aim of the Iruslee5 Is lo increase the income of the charity in order lo enhance its ability to provide wder support to the less fortunate membws of the various communities served by the Kingsley Group. Structure, governance and management Nature ofgoverning document The charity is a company limited by guarantee. which was incorporated on 21 May 2020. il is governed by ils Memorandum and Atticles of Association, dated 21 May 2020. 1115 registered with the Charity Commission. Going concern The nature of the charity means that. in the absence ol fixed costs, expenditure is aligned with the income received. As such. the trustees do not consider the prevailing economic ¢c>nditions will impact the ability ol the charity to continue as a going COnrn. The trustees consider that there are no material uncertainties around the charty's future prospecis and they do not believe that there are any significant areas of uncertainty that affect the Carng value of assets owned by the charty. Disclosure of information to auditor Each trustee has taken slep5 that they ought to have taken as a trustee in order lo make themselves aware of any relevant audrt Infom)ation and lo establish Ihat the charity's aud11or is aware of that information. The trustees ¢onfim Ihat there is no relevant information that they know of and ol which they know the auditor is unaware. Page 3
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Trustees Report The annual report was approved by the trustees of the ¢hanty on beha by. Ig and signed on its V Thayananda Tnjstee ajah Page 4
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Independent Examiner's Report to the trustees of Kingsley Foundation ('the Company,) I report lo the GhaFity trustees on my examrnation of the accounts of the charity for the period ended 30 September 2025 which are set out on pages 7 10 14. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in acwrdance with the requirements of the Companies Act 20061.the 2006 Acl'}. Having satisfied myself that the accounts of the Company ale nol required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity s accounts as carried out under section 145 of the Charities Act 2011 1.the 2011 Acl'l. In carrwng out my examination I have foll(Med the Directions gNen by the Charity Commission under section 14515llbl of the 2011 Act. Indèpèndent examiner's statement I have completed my examination. I confim) that no matters have come lo my attention in ¢onnection with the examination giwng me cause to believe.. 1. accounting records were not kept in respert of Kingsley Foundation as required by section 386 of the 2006 Act., or 2. the accounts do not accord with those records." or 3. the accounts do not compty wtth the a¢¢ounting requiremenis of section 396 of the 2006 Act other than any requirement that the accounts give a 'tnJe and fair vievl which is not a matter Considered as part of an independent examin*ion". or 4. the accounts have not been piepared in a¢¢ordance with the methods and principles of the Stalement of Recommended Practice for accountÈng and reporting by charities lapplicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102)]. I have no concerns and have come across no other matters in ¢onne¢tion with the examination lo which attenlion shoLJld be drawn in this report in order to enable a proper understanding of the accounts lo be reached. James Barrett FCA Independent Examiner Melville Building East Unit 18. 23 Royal William Yard Ptymouth Devon PL1 3GW 23 December 2025 Date". Page 6
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Statement of Trustees, Responsibilities The trustees (who are also the directors of Kingsley Foundation for the purposes of company lawl are responsible for prepanng the trustees. report and the financial statements in accordance with applicable law and Unrted Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees lo prepare financial stalemenls for each financial year. Under company law the trustees must nol approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the chantsble company and of the incoming resoUrS and application of resources. in¢luding its income and expenditure. of the charitable company for Ihal period. In preparing these financial statements. the tnjstees a required to.. select suitable accounting policie5 and apply them con5151enltr. observe the methods and principles in the Charities SORP., make judgements and estimates that are ieasonable and prudenl.. stale whether applicable accounting standards. comprising FRS 102 have been followed, subject lo any material departures disclosed and explained in the financial statements.. and prepare the financial ststements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that ¢an disclose with reasonable accuracy al any lime Ihe financial position of the ¢hariiable ¢ompany and enable Ihem to ensure that the financial statements compty wrth the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the Maintenan and integrity of the corporate and financial information included on the charitable company's websrte. Legislation goveming the preparation and dissemination of financial statements may drffer from legislation In otherjurisdiclions. proved by the Irustees of the ¢harity on .. *S and signed on its behaw by". V Thayanandaraj Trustee Page S
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Statement of Financial Activities for the Year Ended 30 September 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestri¢ted funds Total 2025 Note Income and Endowments from: Donations and legacies 34,000 34.000 Total inGome 34.000 34.000 Expenditure on: Charitable activrties 113.3871 113.3871 Total expenditure 113.3871 113.3871 Net income 20.613 20.613 Nel movement in funds 20.613 20.613 Reconciliation of funds Total funds brought fotwaid 11.369 11.369 Total funds carried forward 10 31.982 31.982 Unrestricted funds Total 2024 Note Income and Endowments from: Total income Expenditure on: Charitable activities 116.5451 116.5451 Total expendilu 116.5451 116.5451 Nel expendrture 116.5451 116.5451 Net movement in funds 116.5451 118,5451 Reconciliation of funds Total funds brought forward 27.914 27,914 Total funds carried forward 11.369 11,369 All of the charity's activities derive from Continuing operations during the above two periods. The funds breakdown for 2025 is shown in note 10. The notes on pages 9 ¢0 14 fomi an integral part of these finanoal statements. Page 7
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation (Registration number.. 12616177) Balance Sheet as at 30 September 2025 2025 2024 Notè Current assets Debtors Cash al bank and in hand 6,851 26.517 7.451 5.278 33.368 12.729 Creditors: Amounts falling due within one year 11.3861 11,3601 Net assets 31.982 11,369 Funds of the charity- Unrestricted in¢ome funds Unrestricted funds 31,982 11,369 Total funds 10 31,982 11,369 For the financial year ending 30 September 2025 the charty Nwds enlilled lo exemption from audrt under section 477 of the Companies Act 20C6 relating lo small companies. Directors. responsibilrtres-. The members have not requiied the charity to oblairb an audi( of ils accounts for the year in question in accordance wrth section 476". and The directors acknowledge their responsibilities for complying with the requirements of the Act wth respect to accounting records and the preparation of accounts. The finanGial slalernellls on pages 7 to 14 were approved by the trustees. and aulhorised for issue on YS /.!g/..%g. and svJned on their behaw by.. V Thayanandaraj Tru51ee The notes on page5 9 to 14 forn an integral part of these financral statement5. Page 8
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Notes to the Financial Statements for the Year Ended 30 September 2025 1 Charity statu$ The ¢harrty is limited by guarantee. incorporated in England and Wales. and consequently does not have share capital. Each of the trustees is liable lo conth.bute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. The address of ils registered office is". Kingsley House Clapham Road South Lowestoft Suffold NR32 IQS 2 A¢¢ounting policies Summary of signtfi¢ant accounting policies and key accounting estimates The principal 2ccounling FK)licies applied in the preparation of these financial sl*emenls are set out below. These policies have been cor¢sistentty applied to all the years presented, unless otherwise staled. ststement of compliance The financial slalements have been prepared in accordance wth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 leffeclive 1 January 20191- (Charities SORP IFRS 10211. They also comply with the Companies Act 20(% and Charities Ad 2011. Basis of preparation Kingsley Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at his10ri¢8l ¢ost or transadion value unless otherwise stated in the relevant aOnting policy notes. Going concem The nature of the charty means that. in the absence of fixed costs. expenditure is aligned with the income received. As such. the trustees do not consider the prevailing economic conditions will impact Ihe ability of the charty lo continue as a going concem_ The trustees cons1dei that there a no aterial uncertainlies around the charity's future prospects and therefore the accounts have been prepared on the going concern basis. Income and endowments All income is recognised once the charty has entitlement to Ihe income. it is probable that the income will be ceiVed and the amount of the income ieceivable Can be measured reliabty. Page 9
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Notes to the Financial Statements for the Year Ended 30 September 2025 Donations and legacies Donations are recognised when the charity has been nottfied in wrrting of both the amount and settlement date_ In the event that a donatlgn is subject lo conditions that require a level of performance by the Charity before the chaity is entitled lo the funds. the income is deferred and not recognis&d until either those conditions are fulty mel. or the fuifilmenl of those conditions is wholly within the control of the charrty and rt is piobable that these condrtions wll be fulfilled in the reporting period. Expenditure All expenditure is recognised once there is a legal or constructive obligation lo that expenditure. rt is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed lo particular headings they have bn allocated on a basis consistent wth the use of resources. Charitable activities Charitable expendrture comprises those costs incurred by the charity in the delivery of lis activities and services for ils beneficiaries. 11 includes both costs that can be alknated directly to su¢h a¢tivities and those costs of an indirect nature necessary to support Ihem. Governance costs These include Ihe costs attributable to the charity's ccnpliance wrth constitutional and slatulory requirements, including audit. slTategic management and Injstees meetings and reimbursed expenses. Taxation The chanly is COns1der lo pass the tests set out In Paragraph 1 Schedule 6 of the Finance Act 2C>10 and therefore it meets the definition of a charttable company lor UK corporation lax purposes. Accordingly, the charity is potentially exempt from laxalion in respect of income or capital gains received within categories covere(6 by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. lo the extent that such income or gains are applied exclusivety to charrtable purposes. Financial instruments Classification The charity holds the following financial instruments.. short tem debtors and creditors cash and bank balances All financial instruments are classified as basic_ Page 10
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Notes to the Financial Statements for the Year Ended 30 September 2025 Recognition and measurement The Charity has chosen to apply the recognition and measuremenl priciples of FRS102. Financial instruments aTe wecognised whèn the charty becomes party lo the contractual provisions of the instrument and derecognised when in the case of assets. the contractual rights of cash flows from the assets expire or subslanlially all risks and rewards of ownership are transferred to another party. or in the case of liabilrties. when the charty's obligations are discharged, expire or are canlled. Such instruments are initially measured al transaction price lincluding transaction coslsl. and a subsequently carried al the undiscounled amount of cash or other consideration expected lo be paid or iecewed. after tsking a¢counl of impaimient adjuslmenls. 3 Incorne from donatlons and legacies Unrestricted funds General Total 2025 Total 2024 Donatn$ and lega¢ies'. Donations 34.000 34.000 34.000 34.000 4 Expenditure on ¢haritablÈ activtties Unrestricted funds General Totsl 2025 Total 2024 Payments lo individuals and charitable causes Bank charges Governance costs 11.500 489 1.346 11,500 489 1,346 14,630 487 1,428 13,335 13,335 16.545 £13.335 12024 £16.5451 of the al)ove expenditure was attributable lo unreslricled funds and £Nil 12024- £Nill lo restricted funds. Page 11
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Notes to the Financial Statements for the Year Ended 30 September 2025 S Analysis of governance and support costs Governan¢e ¢osts Unrestricted funds General Total 2025 Total 2024 Independent examiner fees Examination ol the financial slalements Legal fees 1.228 200 52 52 1,398 1,398 1,428 6 Trustees remuneration and expenses No trustees. nor any persons connected with them, have received any remuneration from the charity during thè period. No trustees have received any reimbursed expenses or any other benefits from the charity during the period. 7 Taxatlon The Charity is a registered charity and is therefore exempt from iaxation. 8 Debtors 2025 2024 Other debloTS 6.851 7.451 Debtors includes £6.851 12024". £7.4511 receivable after more than one year. 2025 9 Creditors: amounts falling due wthin one year 2025 2024 Accruals 1,386 1.360 Page12
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Notes to the Financial Statements for the Year Ended 30 September 2025 10 Funds Balancè at 30 Septèmber 2025 Balance at 1 October 2024 Incomlng resourcès Resources expended Unrestricted funds General Unrestricted funds 11,369 34.000 113.3871 31.982 Balance at 30 September 2024 Balance at 1 October 2023 Incoming resources Resour¢Ès expended Unrestricted funds General Unrestricted funds 27.914 116.5451 11,369 11 Analysis of net assets betwèen funds Total funds at30 September 202$ Unrestricted funds Other Current assets Current liabilities 33.368 11 3861 33.368 11.3861 Total net assets 31.982 31.982 Total funds at30 September 2024 Unrestricted funds Other Current assets Current Iiabililies 12.729 11,3601 12.729 11.3601 Total nel assets 11.369 11.369 Page 13
Docusign Envelope ID." 25027042-57F7443U2DB-26D547CA8C2B Kingsley Foundation Notes to the Financial Statements for the Year Ended 30 September 2025 12 Rèlated party transactions During the year the ¢harity re1Ve £34.000 12024." £nil} donations from the following companies in which certain trustees have signtficant holdings.. Country Retirement and Nursing Homes Ltd - 2025". £13,00012024' £nill - Allhea Healthcare Properties Limited - 2025.. £3.00012024'. £nill Kingsley Healthcare (Birminghaml Limrted - 2025." £18.00012024." £nill Page 14