2025-03-31-accounts

The l Kamani Charitsble Foundation Accounts For the year ended 31 March 2025

Thel Kamanlcharltable FoundadoD Index Fortheye¥reDded 31 March 2025 NotE5to the Constitution R¢porrof theTn￿¢S Balance Sheet Unrestrirt¢d Charitable Fwjd. Receipts aDdpa￿)]ts

Tbel Cbarltable Found•tlon Notes the Constitut6on Forthe year ended 31 Mar¢h 2025 Date of Constitution 26 luly2023 Setdor la1￿￿dIn Kamani Trllstees I￿aludIn Kalltsni Sean Williarn5 Naralie Parry ChaTity'S Principal Addre5S 12-14 Robert Street MaDchester M3 IEY Charity Re8i5tration Number 1204100 Main TeTmS The obiects of the charity are the protnotion of yod health and relief of Sickness alld Telief of lleed for the publlc benefit by provldlng grants to regi5teTe(Lexceptsd and exempt charities orother orgaTrisations. Charwn8 Clause Charity trustees can be reimbursed for reasonable expenses but snay Troi be employed by orrecèive any finanaal benefitfroTnthe charity. AppomtmentofNew TrLYStees Every new trustee must k appointed by a resglution passed at a properly ronvf ned nJeetill8 of thE charity trustee5. and their 5ki115. knowled8e and experience musrbe regarded. The above notes are a summary of the Consrituiion eurrendy applicable. The notss should only be used a5 an aide-memoire and not as a Substi￿le for the ConstiMtwn irself, the detsiled provlsiorts of which shoujd alway5 be reviewed prior to any decisions beillgtaken bythetnjstee P￿E1

Thel Karnanlcharttable Foyndatlon Report of the Trusrees Forthe year ended 31 Mar¢b 2025 The trustees Present their aTJnual report with financial statstne]]ts for the Ch8ritsble IncoTporated Or8anisation I'CIO'I fortheyear ended 31 March 2025. StrutturÈ, govÈrnaD¢e and management The Foundatlon Is a re8iStered chaTity Ire8iStration number 1204100} and w35 constituted on 25 luly 2023. Mr Kamani has contributed funds to the Foundation forthe benefit olcharitable cause5. The Foundatioll doe5 not attively fundraise, and instead seeks to continue the charitsble %M)Tkdesired by the dO[￿rthrough caretul stewardship ofexistsng resourtr& Newtrusteesare appoinred bya resolution passed ata meeting ofthechaTitytrusees. Oblectlves aThdactlvliie$ (or the publl¢beneflt The focu5 of the Foundaiion lor the year has been aimed at the PTomoUon of good hedth and Tel￿[ of sickness, and reliefof need foithe public benefit. Achlevernentsand performaThce The tyustees cons￿erthattheY bave achlevedthelrta￿ts forthe year. Inandai revlew The trustee5 hold cash of£152,239 at the balance sheetdate, forthe furtherance 0fd￿n￿b1e cause Pollcyon reserves A]1 donathns made to the Foundation have been made (ree fvom any restTiCtion ul tertns ofthe use of the funds. Under the ternis ofthe cOnSti￿tIon, the income and property ofthe Foundation must be applied solely towanls the furtherance of the Foundation's objectives. Consequently, the entire fund is considered to be unrestritted. The tNstees' approach to SUPPOTting charitable rauses is that donations are made on a discretionary basis, and as such, the trustees do not consider it necessary to have a policy Te8aiding reserves. The trustees rnay exercise the powers ofthe Foundion, namely to borrow money. acquite or dispose of any property, and invest fundsas required. Pa8e 2

The l Kanhanl Charlt•ble FouTrdation Reportofthe Trn#ee5 Fvrthe yearended 31 March 2025 Approved bythe Trnstees TbetnJstee5 declare thatthey have approved the rnJstee5' report above. Natslle Parry lalaludln Kaman Sean Williams Date In accordance wlth the instructions and accountin¥ records Pty)vided by the tTl￿e5. and without undertaking an audi¢ these fiDanual #4tements have been prepared for and on behalf of the trustees by Forbes Daw50n. Pase 3

The l Kamani Charitsblt Foundatlon Balance Sheet Asai31 March 202S 2025 2024 Balallce at Bank Co-tsperativecurrenta¢tount Co-operative5aving5 account 102 152,137 152,239 2,SOO 60,000 62.500 NetAssets ISZ239 62,500 Represented by. Unrestrlcted furtds 15Z339 62.500 Asat 31 Marth 2025 152,239 62.500 Page 4

The l Kamani ChAritable Foundation UThre51rified Charitable Fund- Receipts and payuLents Forthe year ended 31 Marcb 2025 2025 2024 UDrestsd£ted funds at l April 2024 62,SIMI lucome Contributions received Gift Aid clalmed Jnterestlncome 149,000 37,2SO 637 90,000 2,500 186,887 92,500 Expense5 ProfesslorLa] fees 12,148) DonqtloDStDade {9S,000) (30,000 Unrestricted fundsat31 Marth 2025 152,239 62,500 Page S