2021-03-31-accounts

		Page
Chairman and Chief Executive Statement
Legal &Administrative	Information
Trustees' Report
Statement ofTrustees'	Responsibilities	19
Independent Auditor's	Report	20
Statement ofFinancial	Activities	24
Balance Sheet		26
Statement ofCashflows		27
Notes to the Financial Statements		28

Charity name:	Charity name:	Charity name:			Action For Kids	Charitable	Charitable	Trust
Charity registered			number:		1068841
Company	number:				3487626
Principal	&	registered		office:	15aTottenham	Lane
					Hornsey
					London NB 9DJ
Trustees:					Mark Lewis		Chair
(as at the	date ofthis			report)	Ben Cavanagh		Vice Chair
					Gurmeet Dhillon		Treasurer
					Susan Baldwin	CB
					Tina Brivati
					Caroline Hattersley
					Peter Mitchell
					David Byrne
Chief Executive:					David Coe
Professional		advisors
Auditors:					D Lee and Co.
					2nd Floor, Premier House
					309Ballards Lane
					London N12 BLY
Bankers:					HSBC Bank pic		Charity Bank
					22 Victoria Street		182	High	Street
					London SW1H ONJ		Tonbridge		TN9 1BE
Solicitors:					Muscatt Walker	Hayim
					Speen House
					Porter Street
					London W1U 6WH

Young People in	Paid W	ork 20	14-2021
Programme	No.	Young	people	gaining	No	young	people still in work 1
year			work			year	after gaining job
2014-2015							13
2015-2016			12
2016-2017
2017-2018
2018-2019
2019-2020
2020-2021							n/a
Total			62				42

Holiday Programme.	We plan to buiid	up our bank ofvolunteers aga	in over the next year.
i ' S rvi e
Targets 2020-21 (revised due to		2021	2020
pandemic)
Purchase equipment	for 50families and	Spend off163,800 on	f169,150spent on
provide maintenance 6165,000 during the	to the value of year	equipment and maintenance for 57young	equipment for 87young people plus power chair
		people	maintenance
Make savings/raise	f40,000through	Total of676,022	Total ofE104,931
advocacy and individual fundraising		raised/saved through	raised/saved through
		advocacy and individual	advocacy and Individual
		fundraising	Fundraising.

FOR THE YEAR E	N	DED 31sr MARCH 2	021
			Unrestricted	Restricted	Total 2021	Total 2020
			funds	funds
		Notes	E	E
Income from:
Donations and	legacies		788,675	662,619	1,451,294	1,193,688
Charitable activities			165,815		165I815	263,613
Investments			33,439		33,439	83,366
Other income			15,000		15,000
Total income			1,002,929	662,619	1,665,548	1,540,667
Expenditure on:
Raising funds			279,923		279,923	311,255
Charitable activities			752,630	694,887	1,447,517	2,192,106
Total expenditure			1,032,553	694,887	1,727,440	2,503,361
Net expenditure		for the year/
Net movement	in funds		(29,624)	(32,268)	(61,892)	(962,694)
Fund balances at		1April 2020	300I930	485,830	786,760	1,749,454
Fund balances	at 31March 2021		271,306	453,562	724,868	786,760

				Unrestricted	Restricted	Total 2020
				funds	funds
			Notes	E	E
Income from:
Donations and	legacies			636,279	557,409	1,193,688
Charitable activities				263,613		263,613
Investments				83,366		83,366
Totalincome				983,258	557,409	1,540,667
Expenditure on:
Raising funds			7	311,255		311,255
Charitable activities			8	1,054)141	1,137,965	2,192,106
Total expenditure				1,365,396	1,137,965	2,503,361
Net expenditure		for the year/
Net movement	in funds			(382,138)	(580,556)	(962,694)
Fund balances	at	1April 2019		683,068	1,066,386	1,749,454
Fund balances	at 31March 2020			300,930	485,830	786,760

				2021	2020
			Notes	E
Fixed assets
Tangible assets			12	905,536		921,334
Investment properties			13			1,225,000
Investments			14	3		3
				905,539		2,146,337
Current assets
Debtors			15	88,546	95,266
Cash at bank and	in	hand		286,446	51,651
				374,992	146,917
Creditors: amounts		falling
due within one year			16	(511,595)	(1,061,008)
Net current assets				(136,603)		(914,091)
Total assets less current liabilities				768&936		1,232,246
Creditors: amounts	faging due
after more than one		year	18	(44,068)		(445,486)
Net assets				724,868		786,760
Income funds
Restricted funds			20	453,562		485,830
Unrestricted funds:			21
Total unrestricted	funds			271,306		300,930
Net assets				724,868		786,760

					2021		2020
			Notes
Cash flows from
operating activities
Cash generated from
operations				27		(219,108)		(959,843)
Investing activities
Purchase oftangible	fixed		assets		(19,262)		(62,307)
Proceeds on disposal	oftangible
fixed assets					1,240,000		442,682
Interest and rental
income received					33,439		83,366
Net cash used in investing
activities						1,254,177		463,741
Financing activities
Repayment ofbank	loans				(700,274)		(23,671)
Repayment ofother	loans				(150,000)
Proceeds from other	loans						150,000
Proceeds from new bank		loans			50,000		200,000
Net cash generated	from/(used			in)
financing activities						(800,274)		(326,329)
Net (decrease)/increase		in	cash
and cash equivalents						234,795		(169,773)
Cash and cash equivalents			at
beginning ofyear						51,651		221,424
Cash and cash equivalents			at end
ofyear						286,446		51,651

		Unrestricted	Restricted	Total 2021	Total 2020
		funds	funds
		E	E	E	E
Donations and gifts For the year ended 31" 788,675			662&619	1,451,294	1,193,688
March 2020		636,279	557,409		1,193,688
Income from	charitable	activities
				2021	2020
				E	E
Donations	and gifts			165,815	263,613
Investments
				2021	2020
				E	E
Rent receivable				33,435	83,000
Interest receivable				4	366
				33,439	83,366

								Unrestricted	Total
								funds
								2021	2020
								E	E
	Net gain on		disposal oftangible fixed assets					15,000
7.	Raising funds
								2021	2020
								E
	Fundraising		and publicity
	Staffcosts							199,645	220,856
	Depreciation			and impairment				631	596
	Support costs							79,647	89,803
	Fundraising		and publicity					279,923	311,255
	Expenditure	on		charitable	activities
					Mobility	Life &	Total	Total
					Project	Work	2021	2020
					E	E	E	E
	Staffcosts				160,485	676,368	836,853	1,157,704
	Depreciation		and
	impairment					30,015	30,015	29,764
	Share ofsupport
	cost				247,760	258,594	506,354	931,087
					408,245	964,977	1,373,222	2,118,555
	Share ofgovernance
	costs (see note 9)				37,147	37,148	74,295	73,551
					445,392	1,002,125	1,447,517	2,192,106

Expenditure on charitable	Expenditure on charitable	activities	(continued)
		Mobility	Life &	Total	Total
		project	Work	2021	2020
		E	E	E	E
Analysis by fund
Unrestricted funds		245,862	506,768	752,630
Restricted funds		199,530	495,357	694,887
		445,392	1,002,125	1,447,517
		Mobility	Life &	Education
		project	Work	6 Training
For the year ended 31"March 2020
Unrestricted funds		268,335	140,815	644,991	1,054,141
Restricted funds		552,162	566,372	19,431	1,137,965
		820,497	707,187	664,422	2,192,106
Grants to individuals	in respect ofthe		purchase of	mobility equipment included		within the
Mobility Project above: f158,940(2020:f62,307).
Governance costs
					2021	2020
					E	E
Staffcosts					44,975	46,845
Depreciation					4,414	4,176
Other costs					24,906	22,530
					74,295	73,551

overnance	costs (continued)
		2021	2020
		E	E
Analysed	between:
Fundraising
Charitable	activities	74,295	73,551
		74,295	73,551

			2021				2020
		Number		FTE		Number		FTE
Raising funds			3		3		3		3
Charitable	activities		24		20		31		27
Governance			4		3		4		3
			31		26		38		33

e total staff costs a	nd employees' benefits was	as follows:
		2021	2020
		E	E
Wages and salaries		945,241	1,200,720
Social security		93,315	114,010
Defined contribution	pension costs	36,475	47,357
Other employee benefits		6,442	6,360
Redundancy costs			56,958
		1,081,473	1,425,405

nsion co	sts) ofmore than E60,000 is as f	ollows:
		2021	2020
		E	E
E60,001	—E70,000
E70,001	—E80,000

angible fixed ass	ets
	Freehold	Charitable	Fixtures,	Motor	Total
	land and	assets	fittings &	vehicles	2021
	buildings		equipment
	E		E
Cost
At1"April	1,095,644	126,706	107,243		1,329,593
2020
Additions			19,262		19,262
Disposals
At31"March
2021	1,095,644	126,706	126,505		1,348,855
Depreciation At1"April	233,293	112,589	62,377		408,259
2020
Charge for	21,912	3,529	9,619		35,060
year
Disposals
At31"March
2021	255,205	116,118	71,996		443I319
Net book
value at31"
March 2020	840)439	10,588	54,509		905,536
At 31"March
2020	862,351	14,117	44,866		921,334

FOR	THE YEAR E	NDED	31sr MARCH 2021
15.	Debtors
					2021	2020
					E	E
	Amounts	falling due within one year:
	Other debtors				57,700	53,135
	Prepayments		and accrued income		30,846	42,131
					88,546	95,266
16.	Creditors:	amounts falling due within one year
				Note	2021	2020
					E	E
	Bank loan			17	451,418	700,724
	Other loan					150,000
	Taxes and other social security costs				24,503	22,395
	Trade creditors				23,082	115,524
	Other creditors				569
	Accruals				12,023	72,815
					511,595	1,061,008
17.	Loans and	overdrafts
					2021	2020
					E	E
	Bank loans				495,486	1,145,760
	Otherloans					150,000
					495,486	1,295,760
	Payable	within	one year		451,418	850,274
	Payable	after one year			44,068	445,486
	Amounts	included above which fall due after five		years:
	Payable	by instalments			3,390	370,728

The Bounce Back lo	an is repaid over 5years from July 2021at	a fixed rate of2	.5/o.
Creditors: amounts	falling due after more than one year
	Note	2021	2020
		E	E
Bank loan	17	44,068	445,486
Pension costs

expended balances ofdonati	ons and grants	held on trust f	or specific purp	oses:
		Movement	in funds
	Balance at 1"April	New designation	Utilised realised	Balance at 31"March
	2020			2021
	E			E
Mobility Project and related
services	217,065	83,440	199,530	100,975
Life &Work	268,765	579,179	495,357	352,587
	485,830	662,619	694,887	453,562

				Movement	in funds
			Balance at 1"Apnl	New designation	Utilised realised	Balance at 31"March
			2020			2021
			E			E
Unrestricted	—General		300,930	1,002,929	1,032,553	271,306
Total unrestricted		funds	300,930	1,002,929	1,032,553	271,306

nalysis ofn	et assets between funds
		Unrestricted	Restricted	Total
		funds	funds
		E	E	E
Fund balances at31"March 2021are
represented	by:
Tangible fixed assets		638,788	266,748	905,536
Investments		3		3
Current assets/(liabilities)		(323,417)	186,814	(136,603)
Long term	liabilities	(44,068)	-	(44,068)
		271,306	453,562	724,868

omparative	analysis ofnet assets betwee	n funds
		Unrestricted	Restricted	Total
		funds	funds
		E	E
Fund balances at31"March 2020 are
represented	by:
Tangible fixed assets		644,340	276,994	921,334
Investment	properties	1,225,000		1,225,000
Investments		3		3
Current assets/(liabilities)		(1,122,927)	208,836	(914,091)
Long term	liabilities	(445,486)		(445,486)
		300,930	485,830	786,760

During the year the	ch	arity entered into the follow	ing transacti	ons with related	parties:
				Loan received	during the
				year
				2021	2020
				E	E
Key management	personnel				150,000
The loan is unsecured,		interest free and repayable	on demand.

	Name ofundertaking	Registered	Registered	Nature of	Class of	'/o held
			office	business	sha re holding	Direct
						Indirect
	Action For Kids Limited		UK	Dormant	Ordinary	100.00
	The aggregate capital and reserves		and the result for the year		ofsubsidiaries	excluded
	from consolidation was as follows:
	Name ofundertaking				Profit/Loss	Capital &
						reserves
						E
	Action For Kids Limited					3
	The fixed asset investments are	stated at cost.
27.	Cash generated from operations
					2021	2020
					E	E
	(Deficit)/surplus for the year				(61,892)	(962,964)
	Adjustments for:
	Investment income recognised	as profit or loss			(33,439)	(83,366)
	Gain on disposal oftangible fixed		asset		(15,000)
	Depreciation and impairment	oftangible fixed		assets	35,060	34,536
	Movements in working capital:
	(Increase)/decrease in debtors				6,720	(43,128)
	Increase/(decrease) in creditors				(150,557)	95,079
	Cash generated from operations				219,108	(959,843)

Ana	lysis ofchange in net (debt)/funds
		At1"April	Cash flows	At 31'I
		2020		March 2020
		E		E
Cash	at bank and in hand	51,651	234,795	286,446
Loans	falling due within one year	(700,274)	248,856	(451,418)
Loans	falling due after more than one
year		(445,486)	401,418	(44,068)
		(1,094,109)	885,069	(209,040)