## **Trustees’ Annual Report for the period**
## **From 01/03/2022 Period start date To 30/04/2023 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.|
|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, after 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.
We aimed to excel so that we are able help
communities and provide post covid relief for
sustainability of the communities.|
|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 communities and
provide post covid relief.
Due to constrains reflected in our aim to aid
the communities at large we will be devising
methods where we could aim to achieve our
objectives.|
## **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 The Kandel foundation for period in
concern.|
|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 The Kandel foundation for period in
concern.|
|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**|
## **Additional information (optional)**
You may choose to include further statements where relevant about: Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
## **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 ofcharity’s
trusts:|||
|---|---|---|
|(trust deed, royal charter)|Para 1.25|Constitution of a Charitable Incorporated
Organization|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated organization|
|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
|network with which the
charity works|||
|---|---|---|
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charityname|THE KANDEL FOUNDATION|
|---|---|
|Other name the charityuses||
|Registered charitynumber|1193940|
|Charity’sprincipal address|Floor 2 , 115-123 Powis Street
SE18 6JL|
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Trustee name Office (if any) Dates acted if not for whole Name of person (or body) entitled
year to appoint trustee (if any)
1 Rajendra Kandel
2 Upendra Raj Sharma
3 BISHNU KHATRI
4 Mukund Thapa
5 Sandip Kafle
MAHENDRA RAJ
6 KANDEL
**----- End of picture text -----**
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
held in this capacity|N/A|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and
segregation of such assets
from thecharity’sown assets|N/A|
## **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||
||||
||
27.02.2024||