## **Trustees’ Report & Accounts** 

## **Year ended 31st December 2024** 

## **Registered charity no. 1201874 Introducing The Kaloleni Project** 

The Kaloleni Project (TKP) has been formed as a CIO with the objective of alleviating poverty, primarily in the UK but the constitution also allows for activity and spending in other parts of the world. 

We intend to do this by providing grant support to individuals, other charities, and other organisations as appropriate. 

The charity has undertaken neither income generation nor spending in this period. 

## **Vision** 

Our intent is to be a vehicle for our community to support those in need; our constitution allows this in a broad sense by establishing our _charitable object_ as addressing poverty. 

Future grants will prevent or alleviate poverty by assisting in the provision of education, training, healthcare and support to enable individuals to be self-sufficient. We want to develop the capacity and skills of members of our disadvantaged communities in such a way that they are better able to identify, and help themselves to meet, their needs, and to participate more fully in society. 



## **Charity details** 

## Trustees: 

Mr Majid Asghar Mr Mohammed Imran Mr Mohammed Ismail Laher (Chair) Mr Syed Jaynal Abdin (appointed 24 July 2024) 

Charity Address: 23 Blucher St Bradford BD4 8BP 

The charity in constituted as a CIO with charity number 1201874. 

The trustees affirm that they have applied due regard to the guidance issued by the Charity Commission on public benefit. 

## **Report for the period** 

We still struggled to open a bank account in this period and hence no activities for this period. 

## **Period 2025** 

We have successfully opened an account and look forward to making some progress towards achieving our charity objectives in the coming year. 

## Mohammed Ismail Laher 

_Founder & Trustee 31 December 2024_ 



## **Accounts** 

## _**Statement of financial activities for the year ending 31 December 2024**_ 

||Unrestricted|Restricted|**Total**|
|---|---|---|---|
||funds|funds|**funds**|
||£|£|**£**|
|**INCOME**||||
|Donations|0|0|**0**|
|**EXPENDITURE**||||
|_Charitable activities_|_0_|_0_|**_0_**|
|_Cost of generating funds_|_0_|_0_|**_0_**|
|_Governance_|_0_|_0_|**_0_**|
|Total Expenditure|0|0|**0**|
|**NET INCOME/(EXPENDITURE)**|<br>0|0|**0**|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward|0|0|**0**|
|Total funds carried forward|0|0|**0**|
|**_Balance sheet at 31 December 2022_**||||
|**CURRENT ASSETS**||||
|Cash at bank and in hand|£   0|||
|**CURRENT LIABILITIES**||||
|Current liabilities|£   0|||
|**NET ASSETS**|**£   0**|||
|Represented by:||||
|Unrestricted funds|£   0|||
|Restricted funds|£   0|||



These financial statements are approved by the board on 28[th] October 2025 

## Mohammed Ismail Laher 

Chair of the trustees 



## _**Notes to the financial statements**_ 

## **Basis of preparing the financial statements** 

The financial statements of the charity are prepared on a cash basis for this period 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity.  Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

## **Hire purchase and leasing commitments** 

None in this period. 

## **Salary and pension costs** 

None in this period. 

## **Trustees’ remuneration and benefits** 

None in this period. 

## **Trustees’ expenses** 

None in this period. 

## **Related party disclosures** 

None in this period. 

## **Reserves policy** 

The charity has not yet accumulated reserves. 

## **END**