Cbarity number: 1049318 Kids In Need UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Prepared By: Gill&Co Chartercd Certtfid Accounlants 9 Raglan Close Hounslow Middlesex TW4 5EF
Kids In Need FANL CIAL STATEMENrs FOR THE YEAR ENDED 31 DECENIBER 2022 TRUSTEES J Miller Chair of Trustees T) Poolc M Rogcrs REGISTERED OFFICE The Brambles 21 IILdgLrow Grove Duiiniow (:M6 4AS CHARITY NUMRF.R 1049318 ACCOUNTANTS Gill & Co Cliartered Certified Accountants 9 Ragldn Clos Houllslvw Middlcscx TW4 5EF Page I
Kids In Need .4CCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS Pag¢ Rcport of the Trustees Statement ot Financial Activities Balance Sheet Notcs lo thc Accounts 6t07 Delailed Statement of Financial Activities 8t09 Page 2
Kids In Need FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES, REPORT The ttvstc¢s pr¢s¢nt their report and accounts for the y¢aT ended 31 December 2023. PRINCIPAL ACTtVTTTF.S The principal activily of the charity in thc year under revicw was raising fvnds to grant wishes to childr¢n agcd 3 tu 19 yLdTS who are temiinally or seriously ill or hdve disabilitics. STRUCTURE GOVERNANCE AND TrL4NAGLMENT The charity is controllcd by it8 governing documcnL a deed of trust and constitutes an unincorporated charity. The report was pr¢par¢d in accordance with the provisions of Accounting and Reporting by Charities: Ststcmcnl of Recommendcd Practice applicable ro charities preparing their accounts in accordance wilh the Financial Rep()rting .standards appliLable in the UK and republic of Ircland (FRSI 02)) (cffcctive l January 2020). Thi report was ap rovcd by the Board of Trustces on / o &u£/. 2024. J Millcr - Chair of Trustees TrLtstLL Page 3
Kids In Need Statement of Financial Activities for the Trear ended 31 December 2023 2023 2022 Unrestricted Restrlcted Funds funds Totgl Tolal Income InLome froin generated funds Donaiions and legdcies Income frum Inveslmcnts Incomc from charifable activiti¢S 2,758 149 26.530 2,758 149 26.530 1,314 53 30,075 Total Income and endowments 29,437 29,437 .11,442 Fxpenses c.osts (if ¥Lncralin8 ndS Expenditure on Rai4cd funds Expendirure on Charitablc activities 26,586 13,502 26,586 13,502 24,J16 5,827 Total Expenses 40,088 40,088 29.943 Net gAln$ (Jn Investments Net (Expenditvre}Ilncome (10,651) (10,651} 1.499 cFain{lO$seS} on revaluation of fixed assets et movement in funds: Net (expendlture)lin¢ome for the year Total funds brougFhi forward (10,651) 37.092 (10,641} 37,902 1,499 35,593 Net funds ¢Arrfcd forward 26,441 26,441 37,092 This ststement of fn¢la1 activities includes all gains and losses recognised in thc y¢ar. All incomc and expenditure dcrive from continuing activities. Page 4
Kids In Need BALANCE SHEET AT 31 DEcEIBER 2023 2023 2022 Notes CIIRRENT AS.SETS Cash at bank and in hand 26,941 38,092 26,941 311.092 CRF.DIT()RS: Amounts falling due within one year 500 1,000 NET CURRENT ASSETS 26,441 37.092 TOTAL ASSETS LESS CURRF.NT LIABILITTES 26,441 37,Q92 CAPITAL AND RESERVES UnrestriLted funds Cicncral tund 26,441 37,092 26,441 37,092 T11¢5C ÉlLLounls hav¢ bccn prepared in accordance with thc provisions applicablc to Charilies Act 2011. Approved by thc board of trustces on l 2024 and sign¢d on thcir behalf by: J Miller - Chair of Trustees -I"rustce Page 5
Kids In Need NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICTES l a. Balis of Accounting The accounts have been prepared under the historical co.gt convention. Thc fmancial statements ot. Ihe charity, which 18 a public b¢nefit cntiry under FRS102 have been prepared in accordance with Charities SORTr (FRS102) 'Accounting and Rcporting by Charitics: Statement of RcLommcnded Practicc applicable to charitics preparing thcir ac¢ounts- in accordancc with the Financial RLpofiing Standard applicable in the UK and Republic of Ireland IFRS102) (effective l January 2020), Financial Rcporting Siandaid 102 'The Financial Reporting Standard applicablc in the UK and Republic of Trcland and the Charilies Act 201 I, Accounting and R¢portin8 by Charities. I h. Ineomlng Resources All incotning resources are included on the Ststcment of Financial Activities when thc charity is legally LmtitlLd lo the incomc and the amount can be quantificd with reasonablc accuracy. le. Resourccs Expended Expenditurc is accounred for on an ac¢ruals basis and has been classified under hcadings that aggregate all o%t rrlatcd lo the category. Wher¢ costs cannot b¢ directly attributcd to particular headings they have becn dllocaled to activitlC5 on a basis consistcnt wilh the use of ro8our¢¢$. Id. Allocation and Apportionment of Cosls All costs r¢latc to the singlc activity of the charitablc lonwany and aTC recognised accordingly. le. Fund Accounting Unrcstrictcd funds can b¢ us¢d in accordanc¢ with the charitabl¢ objcctivcs at the discretion of the trustees. Restricted funds can only Ix uscd for particular resrricted purposes within the objects of the charity. RcstriLlions arise when specified by the donor or when funds arc raised for particular rcstricled puoSeS. Designatcd funds are funds sct aside by thc trustc¢s out of unrcstricted general ndS for thc specific fure purposes i)r projec(s. If. InLomLITurnover Income represcnts Chlble activitics, donations and Icgacies received during thc year. Page 6
Kids In h'eed IYOTES TO THE ACCOUNTS FOR THE YEAR ENDED JI DECEMBER 2023 EMPLOYEES 2023 2022 Average numbcr of ¢mployccs Thc charity docs not L'mploy any staff. All tnLStecs frecly providc their seThices. 3. CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 2023 2022 Other crcditors 500 I,ooo 500 1,000 4. UNRESTRICTED FUNDS BrouEhi Forward Incoming resource5 Out%olnR resourles Carried forward Transfers General lund As at 31 D¢c¢mbcr 2023 37.092 29,437 (40.088) 26,441 General fund As at 31 Deccmber 2022 35.593 31.442 {29,943) 37,092 RESTRICTED Fuls. nll Brought Fonvard Incoming resources Out%olng rL¥ources Carried forward Trvdnsfers Page 7
Kids Ill Need Incoming Resources for the year ended 31 December 2023 2023 2022 Tncoming resourees Tncoming resources from generated funds Grants Donation8 2.758 1.3J4 2,758 1.314 2,758 J,314 Investment Ineome Dep()5il inlLrest 149 53 149 55 149 53 c.haritable Activlty Fund raising cvenLs 26.30 29.R35 26,330 29.835 Charltable Activitv S Otlier InLorriin&y RLsources 200 240 200 24Q 26,530 30,075 29.437 31,442 Page 8
Kids In Need Expenses lor the year ended 31 December 2023 2023 2022 Expenses Costs oft" generating funds undraising Trading Costs Costs Of Fundrai8ing Events 26,586 24,116 26,586 24,116 Charitable Activities Charitable payment.s Siationcry & officc supplies Card charge.s Bank Charges 11,648 483 40 60 3,672 320 326 96 12.231 4,414 Governance Costs Insurance Sturable Costs Accounl<U]iy 471 300 500 463 450 5()11 ,271 1,413 40,088 29. 943 Page 9