The l Kamani Charitable Foundation Accounts For the year ended 31 March 2024 The l Kanmnl Cbarltable FouDdatloD Index For the yearended 31 March 2024 Page Notes to the ConstiNtion Reportofthe TrNstees Balance Sheet Unrestricted Charltable Fund- Recelpts and payments The l KamaDI Charltable Foundatlon Notes to the CoDstitutlon For the year endèd 31 March 2024 Date ofconstitution 26 luly 2023 Settlor lalaludin KaTllani Trustees lalaludin Kamanl Sean Willlams Natalie Parry Charity's Principal Address 12-14 Robertstreet Manchester M3 IEY Charity Registration Number 1204100 Main Terms The objects of the charity are the promotion of good health and relieF of sickness and relief of need for the public benefit. by providing grants to registered, excepted and exetnpt charities or other organi5ation5. Chargtng Clause Charity trustees can be reimbursed For reasonable expenses but may not be employed by or receive any financial benefit from the charity. Appointment of New Tr￿teeS Every new trustee mu# be appointed by a resolution passed at a properly Convened meeting of the charity trustees, and their skills, knowledge and experience mustbe regarded. The above notes are 2 summary of the Constitution current]y applicable. The notes should only be used as an aide-memoire and not as a sllbsti￿te for the conSti￿tiOn itself, the derailed previsions of which should always be reviewed prior to any decislons belng takeTh by the trustee& Page I The l KamaDi Charitable Foundation Reportofthe Trustees For the year ended 31 March 2024 The trustees present their annual report with financial statements for the Charltable Incorporated Organisation ('CIO') for the year ended 31 March 2024. st￿etUr￿* governanee and tnana8ement The F¢undation is a registered charity [registratson number 1204100) and was conrtituted on 25 luly 2023. Mr Kamani has contributed funds to the Foundation for the benefit ef charitable causes. The Foundation does net actively fundraise, artd instead seeks to c¢nunue the charitable work desired by the donor through careful stewardship of existtng resource& New trustees are appointed by a resolutioTh passed ata meeting of the charity trustees. Objectives and activities (OT the public benefit The focus of the Foundation for the year ha5 been aimed at the promotion of good health and relief of sickness, and relief of need for the public benefiL Achievements aDd perfomance The trustees consider that they have achieved theirrargets for the year. Financial review The trustees hold cash of £62.$00 at the balance sheetdate, for the furtherance OF charitable causes. Policy on reserves All donations made to the Foundation have been made free frcrn any restriction in tems of the use of the funds. Under the ter￿S of the constitution, the income and property of the Foundation muttbe applied solely towards the furtherance of the Foundation's obiettives. Consequendy, the entire fund is considered to be unrestrirted. The trL￿es, approach to supporting charitable causes is that donations are Tnade on a discretlollary basis, and as such, the trustees do not consider it necessary to have a policy regarding reserves. The trustees may exercise the powers of the Foundatlon, namely to borrow money. acquire or dispose of any property, and investfunds a5 required. Page 2 The l Kamani Cbaritable Foundatio Reportof the Trustees For the yearettded 31 March 2024 Approved by the Trustees The trustees declare thatthey have approved the trustees. report above. Natalle Parry la]aludln KaJnaDI Sean Wulian Date 291,1 70?5 In accordance wlth the Instructions and acc¢untitJg records provided by the trUs￿e5. and without undertaking an alldiL these finanaal statements have been prepared for and on behalf of the trustees by Forbes Dawson. Page 3 The J Kamani Charitable Foundation Balance Sheet Asat 31 March 2024 Page 2024 Balance at Bank Co-operative currentaccount co￿Perative savings account 2,SOO 60,000 62,SOO NetAssets 62.500 Represented by.. Unrestricted fvnds 62.5(H) Asat 31 March 2024 6Z.SOO Pa8e 4 The l Kamanl Cbaritablè Foundation Unrestrffirted Charitable Fund- Receipts and payments For the year ended 31 March 2024 Page 2024 Unrestrirted fvndsat 6 Aprll 2023 Income Contributions received GiftAid claimed 90.000 2.500 92,500 Donations made 30,000) Unrestricted funds at 5 April 2024 6Z.500 Page 5