Trustees’ Annual Report for the period
From 26/03/2021 Period start date To 30/04/2022 Period end date
Charity name: THE KANDEL FOUNDATION
Charity registration number: 1193940
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | a)The prevention or relief of poverty or financial hardship in Nepal by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient and b) the relief and assistance of people in Nepal who are the victims of natural disaster or catastrophe. Classification: What |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Our over-riding focus is to relieve poverty or financial hardship and we plan to focus on education, medical care, health, community development, emergency disaster relief, youth development, and humanitarian aid, and will be working with local communities in order to directly help people when local capacity is insufficient or inappropriate. In order to assist this initiative, UK qualified teachers will be brought in to provide education for the village communities, and doctors and pharmaceuticals will be provided for health services. However , due to pandemic as we could not conduct the activities to support the communities. Most of the member of Charity were infected and planned activities could not be conducted . In the upcoming we aim to excel so that we are able help comminities and provid epost covid relief . |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | As trustees of The Kandel Foundation, we confirm that we have adhered to the guidance as issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
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 | Due to pandemic as we could not conduct the activities to support the communities. Most of the member of Charity were infected and planned activities could not be conducted . In the upcoming we aim to excel so that we are able help comminities and provide post covid relief . |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Due to pandemic as we could not conduct the activities to support the communities. Most of the member of Charity were infected and planned activities could not be conducted . Hence , there are no transactions performed by TheKandel foundation forperiodinconcern . |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Due to pandemic as we could not conduct the activities to support the communities. Most of the member of Charity were infected and planned activities could not be conducted . Hence , there are no transactions performed by TheKandel foundation forperiodinconcern . |
| Amount of reserves held | Para 1.22 | Nill |
| Reasons for holding zero reserves |
Para 1.22 | Due to pandemic as we could not conduct the activities to support the communities. Most of the member of Charity were infected and planned activities could not be conducted . Hence , there are no transactions performed by The Kandel foundation for period in concern . |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| (trust deed, royal charter) | Para 1.25 | Constitution of a Charitable Incorporated Oraganisation |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | -Every Trustee must be appointed by a resolution passed at a properly convened meeting of the Charity Trustees. - In selecting individuals for appointment as Charity Trustees, the Charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51
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network with which the
charity works
Relationship with any related Para 1.51
parties
Other
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Reference and Administrative details
| Charityname | THE KANDEL FOUNDATION |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1193940 |
| Charity’sprincipal address | Floor 2 , 115-123 Powis Street SE18 6JL |
Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|
|---|---|---|---|---|
| Rajendra Kandel | ||||
| Upendra Raj Sharma | ||||
| BISHNU KHATRI | ||||
| Mukund Thapa | ||||
| Sandip Kafle | ||||
| MAHENDRA RAJ KANDEL |
Corporate trustees – names of the directors at the date the report was approved Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for wholeyear | |
|---|---|---|
| N/A | N/A | |
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Rajendra Kandel | ||
Trustee |
||
| 27.02.2023 | ||
| 27.02.2023 |