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2021-06-30-accounts

Charity Number: 01082896 Company Number: 04000826

KIDS KABIN

(a company limited by guarantee)

Financial Statements for the year ended 30 June 2021

Kids Kabin

(a company limited by guarantee)

Contents

Page
Trustees’ Annual Report 1 – 14
Independent Examiner’s Report 15
Statement of Financial Activities 16
Balance Sheet 17
Notes to Financial Statements 18 - 30

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report For the year ended 30 June 2021

The trustees, who are also directors for the purpose of company law, have pleasure in presenting their report and the financial statements of the charitable company for the year ended 30 June 2021.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102).

Overview from the Trustees

“Another challenging year for Kids Kabin as we again had to cope with the effect of Covid 19 and its restrictions on the operation of our organisation. I would like to pay tribute to all involved in Kids Kabin; from the board, the staff, the volunteers, the participants, the funders and all supporters for having patience and determination to keep the ‘show on the road’!

We again saw the ingenuity and flexibility of all concerned as we sought to deliver to the communities which we serve. The Chief Executive’s report highlights the details, but the trustees are very pleased the participant numbers have remained strong despite the adversities faced.

As our new year began in July 2021, we saw the resumption of our summer activities programme which was very successful and well attended. Hopefully the remainder of the year we see further development with the completion of our kitchen renovation in Walker and the widening of our activities at our satellite locations around Newcastle and Middlesbrough.

We look forward with confidence and enthusiasm into 2022 and beyond.”

Chief Executive’s Report

This year has seen the ongoing impact of the pandemic - with profound changes to many aspects of daily life. Kids Kabin’s activity has responded accordingly, focusing on adapting services and ensuring targeted support for children and families with the highest needs.

However, as the emergency phase of the pandemic has eased, we have been able to return to our 2019-2022 organisational objectives – including sharing our practice with other organisations, further developing our geographical impact in Middlesbrough and developing progression pathways for young people.

As well as confirming our priorities and highlighting areas for improvement, we are also seeing new opportunities, especially in areas of partnership and collaboration.

Adaptation

After our emergency responses between March and June 2020, the relaxation of restrictions from July 2020 led us to focus on developing Covid secure workshop delivery models. After the limitations of online workshops and home activity deliveries, we needed to design workshops which combined Covid safety, creative engagement and face to face contact. As a result, we introduced a range of new outdoor workshops in community settings and in schools.

1

Kids Kabin (a company limited by guarantee)

Trustees’ Annual Report (Continued)

For the year ended 30 June 2021

Targeted support

The pandemic has affected everyone. However, the impact has been greater for people with complex existing challenges. For example, children and families with existing health concerns and anxieties have been affected disproportionately. Families without the resources to work from home or the space to engage with home learning have struggled more than others. Kids Kabin has worked with local schools and community partners to prioritise support to children and families who have been disproportionately affected, sharpening our tools for collaborating and assessing need. We have also looked to our own staff and volunteers, putting in place systems to promote wellbeing and to provide additional support as required.

Learning from Covid and new opportunities

Covid has enforced changes to our practice in many ways. As time moves on, we have been able to reflect and learn important lessons from these experiences. For example, lockdowns and the closure of face-to-face services have demonstrated the value of strong relationships and communication links with parents and carers. Covid has amplified this requirement and led us to improve these relationships where needed.

The pandemic has led to innovation in our use of outdoor spaces and in our workshop design. We have started to use a number of new outdoor venues including community gardens in Byker and Cowgate in Newcastle. These venues have also enabled additional projects for Kids Kabin members to practice their skills and benefit the wider community – such as making planters, garden furniture, as well as cleaning, weeding and growing. With schools unable to run outings and school trips we have taken workshops to them, notably running a winter of bushcraft and survival skills workshops in 4 primary schools.

Emergency response and Covid recovery has highlighted the importance of community partnerships and neighbourhood knowledge. These local partnerships (e.g. Walker Workers, Byker Children and Young People’s Partnership) provided immediate responses at the onset of the pandemic while the local authorities were putting new systems in place. Subsequently, these partnerships have promoted mutual support and shared learning about good practice. Moving forward, these partnerships are in a strong position to understand community needs and organise targeted responses.

This report will review Kids Kabin’s activity over the last year and will be structured around the four key themes in our 2019-2022 organisational plan – People, Places, Partnerships and Processes. Kids Kabin’s plans for 2021-2022 and beyond are also introduced - building on learnings from this challenging year and making the most of the ‘new normal’. Exciting future developments include the introduction of the renovated kitchen and café space at the Walker centre, the continuing growth of Kids Kabin Middlesbrough, delivery partnerships in new geographical areas and a new apprenticeship programme.

2

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

People

2019-2022 objectives

Continue to involve parents and the community in supporting and delivering our street workshops

Empower young people to progress and take on new roles and responsibilities

Build the role of the international volunteer team, developing their leadership training and their support for Kids Kabin Middlesbrough

What has happened this year?

Future plans

3

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

Places

2019-2022 objectives

Continue to commit to our Newcastle communities.

What has happened this year?

Future plans

4

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

Attendance numbers (Children and Young People) at Kids Kabin Newcastle

  1. Numbers of unique individuals taking part at each Newcastle location, 2019-20 and 2020-21.

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5
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  1. Total number of attendances (i.e. footfall) at each Newcastle location, 2019-20 and 2020-21.

5

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued)

For the year ended 30 June 2021

Attendance numbers (Children and Young People) at Kids Kabin Middlesbrough

  1. Numbers of unique individuals taking part at each Newcastle location, 2019-20 and 2020-21.

.

  1. Total number of attendances (i.e.footfall) at each Middlesbrough location, 2019-20 and 2020-21.

6

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

Partnerships

2019-2022 objectives

Share practice and innovation with other organisations, learning from them and helping them develop – for example, helping them become mobile and meet more people on the streets.

Work with both the voluntary and community sector and businesses and find mutual benefits in these partnerships.

What has happened this year?

Future plans

7

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued)

For the year ended 30 June 2021

CASE STUDY – Collaboration and skill sharing

‘Thinking outside the building – street workshops in Hartlepool – Summer 2021’

Congratulations to Hartlepool Family Time team for taking their activities out on the streets, daring to do things differently and introducing a new way of working.

The Family Time Team support families across Hartlepool, delivering physical activities and promoting wellbeing. The team see big differences in engagement by families across Hartlepool, with particularly low levels of participation in some areas. Therefore, the team decided to try to work in a new way to reach children and families in the Victoria ward, an area of poverty near the town centre.

Louise George, Family Time team member, had heard about Kids Kabin’s bike trailers and street workshops and got in touch. Together, we came up with a simple approach. It was clear that Louise and her team had all the enthusiasm and skills needed – with ample experience of community engagement and activity delivery. They just needed to see a street workshop in action, be given a few pointers and that little ‘nudge’ to make it all happen.

Therefore, after putting our risk assessments in place and getting things in order, Kids Kabin and Family Time joined up to run 2 street sessions together – the first a bike repair walkabout, offering free bike repairs and spreading the word about the up-and-coming Saturday street workshops. Three days later, on the first Saturday of the school summer holidays, the Kids Kabin pottery wheel and smoothie bike were in action alongside the Family Time arts and crafts activities. The sun shone and families started to appear. Children went off and came back with their friends. The programme was underway.

Over the next 5 weeks, the Family Time team ran a range of workshops introducing basketball, treasure hunts, different arts and crafts and more bike mechanics. They linked up with other local partners and have come up with new partnerships, plans and ideas. Overall, more than 30 children and parents got involved and the team are looking to run similar projects in the future. Family Time and Kids Kabin will continue to stay in touch, sharing experiences and finding new ways to support and empower children and families.

“It’s easy to have a good idea on paper, but the difficult part is making it real. We’d have probably talked about it forever. Kids Kabin showed us what to do by ‘just doing it’, getting out there and making it happen. They’ve given us the confidence to change the way we work and to ‘just try it’!” – Louise George, Family Time Team, Hartlepool Borough Council.

8

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

Processes

2019-2022 objectives

Innovate and develop new street workshops and exciting new activities for children and young people.

Develop the use of data, technology and systems within the organisation to learn more about the impact of our work and how to make the most of what we are doing.

What has happened this year?

Future plans

Measuring impact

To help us understand impact and outcomes, we interview participants every 6 months. Postponed during COVID, we restarted interviews with a small sample of 36 children in May 2021. This has given us an initial picture of outcomes over the last year:

9

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

Schools also report impact. The headteacher of Central Walker Primary School has told us “Without Kids Kabin’s encouragement, creativity and support, many of our children would not have flourished in the ways that they have - both during lockdown and prior to it.”

10

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

Conclusions

Kids Kabin has adapted to the challenges of Covid and has been able to continue to bring fun, happiness, creativity and learning to hundreds of children over the last year. Supporters, funders and friends continue to help us achieve our aims and our team of trustees, staff, volunteers, parents, partner organisations and kids continue to work together to create thousands of positive opportunities.

Therefore, we must say a big thank you to everyone who has contributed, each in their own unique way, to maintaining positivity and action throughout these recent challenging times.

Moving forward, we will continue to target the highest levels of need, supporting the ongoing recovery from Covid and challenging inequality and disadvantage. We will engage our local communities in this process. Kids Kabin teams in Middlesbrough and Newcastle and their respective satellites will collaborate, support each other and continue to share experiences and learning. We will also look outwards to find new partnerships and new opportunities.

We look forward to 2022 and beyond with confidence and determination

11

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

FINANCIAL REVIEW

The finances of the charity remain in a stable position. During the financial year the charity obtained funding of £205,030 (2020 - £249,832) with an overall deficit of £9,295 (2020 surplus - £49,573). Reserves at 30 June 2021 were £496,309 (2020 - £505,604) of which £290,728 (2020 - £340,733) related to restricted funds. Unrestricted reserves stand at £105,172 (2020 - £153,288). This decrease is mainly due to the designation of £26,019 for the kitchen development project and £35,000 to fund core management salaries for the first 6 months of 2021-2022.

We keep a close eye on the financial sustainability of Kids Kabin. As the charity and its expenditure grows, we are aware of the increasing requirement to raise funds, to diversify our sources of income and to remain lean and cost effective. Against a backdrop of competition for available funding, we are planning to create more capacity by recruiting a fundraising manager.

Reserves policy

The board have decided that unrestricted reserves should be kept at a level equal to approximately 6 months of annual operating costs and that these reserves should be in a readily realisable form. The policy on reserves considers the risks associated with Kids Kabin’s various income streams, as well as variations in expenditure and other unforeseen circumstances. The reserves policy is considered by the Board on a regular basis.

The reserves policy is reviewed by the board for appropriateness on an annual basis with unrestricted free reserves being £105,172 (2020 - £153,288).

12

Kids Kabin

(a company limited by guarantee)

Trustees’ Annual Report (Continued) For the year ended 30 June 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 01082896
Company Number 04000826
Registered Office 10 Church Walk, Walker, Newcastle upon Tyne, NE6 3DW
Trustees
The trustees who served the charity during the period were as follows;
C Charlwood
A Hughes (Chair & Treasurer)
A Robson Longstaff
J Smee
R Whittingham
K Davidson
B Doherty
P Cowie
L Robinson
D Peel Resigned 12 October 2020
Y Sarnaik (Company Secretary)
Key Management Personnel
Will Benson Manager
Our advisors
Independent
Examiners Haines Watts 17 Queens Lane, Newcastle upon Tyne, NE1 1RN
Bankers The Co-operative Bank 84-86 Grey Street, Newcastle upon Tyne, NE1 6BZ
Solicitors Waugh, Moody and Mulcahy
116 Pilgrim Street, Newcastle upon Tyne, NE1 6SQ

STRUCTURE, GOVERNANCE AND MANAGEMENT

Legal Status

The charitable company is limited by guarantee and therefore has no share capital. In the event of a winding up, every member (who is a trustee) undertakes to contribute to the payment of liabilities such amount as may be required not exceeding the total of £1.

Recruitment & Appointment of Trustees

New trustees are appointed by existing trustees. They all receive induction to the roles and responsibilities of a trustee and ongoing training based on their individual needs.

13

Kids Kabin la company lirnitsd by guarantee) Trustees, Annual Report (Continuedj For the year ended 30 June 2021 Related Parties None of our trustees receive remuneratfon or other benefits from Iheii work with the charity. Any connection between a trustee or s@nior manager of the charlty with a production company, conlracl$d actor, perfomier or exhibltor must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year Kathryn Davison was remunerated £2,000 for undertaknng work relating lo the kitchen project. Rlsk Management The Iruslees Consider that they have idenlrfied the major risks lo the charital￿e company and have established sufficient controls lo mitigate these risks. A risk reglsler is revlewed annually by the Board of Direcl(Ks. STATEMENT OF TRUSTEES, RESPONSIBILITIES The Management Trustees {who are also directors of Kids Kabin for the purpose of company lawl are reswnsible for preparing the Trustees, Annual Report and the financia slalemenls In accordan¢e ￿th applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requires the trustees lo prepare financial statements for each financial year, whi¢h give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and ap￿iCatiOn of resources, including the income and expenditure, of the charitable company for that period. In preparing these finanaal statements. the Intstees are required to: select suitable accounting policies and then apply them consislenlly., observe thg methods and principles in the Charities SORP IFRS 1021- make judgements and eslimales that are reasonable and prudent-, stale whether applicablo UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial slalemenls,. and prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that dis¢lose wlh reasonable accuracy at any tirne the finanaal position of the charilablg company and enable them lo ensure that th& financial statements comply wth the Companies Act 2006. They are also responsible for safeguardSng the assets of the charitable company and hence foi taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the board on . 2021 and signed on their behalf by., A Hughes Chair & Trgasurer 14

Kids Kabln la company Ilmited by guarantee) Independent examlner's report to the members of Klds Kabln For the year ended 30 June 2021 I report lo the charity Iruslees on my exarninalion of the accounts of the company for the year endod 31 March 2021 which are set out on pages 15 10 30. Responslbillties and basis of report As the charity Iruslees of the company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of th& Companies Act 2006 I'lhe 2006 Acl'l. Havlng satisfied myself that the accounts of the Company are not required to be audited under Part 16 of th8 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out undgr section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrydng out my examination I have followed the Directions gNen by the Charity Commlssion under section 14515Xbl of the 2011 Act Independent examlner's statÈment I have ¢ompleled my examination. l confirm that no matters have come to my 8llenlion in connecb'on with the examination giving me cause lo believe that in any material respect-. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act., or the accounts do not accord ¥Mth those records., or the accoLJnts do nol Comply Mrilh the a¢counling requirements of section 396 of the 2006 Act other than any rquiremenl that the accounts give a Irue and far view, which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance wlh the methods and principles of the Slalemenl of Recommended Practice for accounting and reporting by charities appllcable lo charities preparing Ihelr accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. ?q No&tnber 20LI Donna Bulmer BA IHonsl ACA (Senior Statutory Audltor) For and on bèhalf of Haines Watts Date 17 Queens Lane Newcastle Upon Tyne NE1 1RN 15

Kids Kabin

(a company limited by guarantee)

Statement of Financial Activities (Incorporating the Income and Expenditure Account) For the year ended 30 June 2021

Unrestricted Restricted Designated
Funds
Funds
Funds
Notes
£
£
£
Income from:
Donations and legacies
4
94,308
96,765
-
Charitable activities
5
13,957
-
-
Other trading income
6
-
-
-
Investment income
7
-
-
-
_
_
_
Total income
108,265
96,765
-
_
_
_
Expenditure on:
Charitable activities
8
67,325
146,813
187
_
_
_
Total expenditure
67,325
146,813
187
_
_
_
Net income before transfers
40,940
( 50,048 )
( 187 )
Transfers
18
( 89,056 )
43
89,013
_
_
_
Net movements in funds
( 48,116 )
( 50,005 )
88,826
Total funds brought forward
153,288
340,733
11,583
_
_
_
Total funds carried forward
105,172
290,728
100,409
Total
Total

2021
2020

£
£
191,073 229,245

13,957
20,069

-
485

-
33
_ _
205,030 249,832
_ _
214,325 200,259
_ _
214,325 200,259
_ _

( 9,295 )
49,573

-
-
_ _
( 9,295 ) 49,573
505,604 456,031
_ _
496,309 505,604

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

16

Klds Kabin la company Ilmlted by guarantee) Balance Sheet As at 30 June 2021 Notes 2021 2020 Flxed assets Tangible assets 13 239,331 221,534 Current asset$ Debtors Cash al bank and in hand 14 5,803 254,608 43.440 242,765 Llabilities Creditors.. amounts falling due within one year 260,411 286,205 15 (3.4331 12,1351 Net current assets 256.978 284.070 496,309 505.604 Funds Reslrictecl funds Capital fund - Property Revenue funds 210,941 79,787 220.951 119,782 290,728 340,733 Unreslricled funds Designated funds 105.172 100,409 153,288 11,583 18 496,309 505,604 For the year ending 30 June 2021 the company Wds entiued to exemption from audit urxler s6cllon 477 of the Companies Act 2006 relating to Slnall companies. Directors. responsibllilies.. The members have not required the company lo oblaln an audit of Ils accounts for the year in qu8slion in accordance with section 476., The directors acknowledge their responsibilities for Eomplying with the requirements of the Act wlh respect lo accounting records and the preparation of accounls The financial statements were approved by the trustees on behalf by.. 2021 and signed on their ughes Chair & Treasurer Company Number 04000826 17

(a company limited by guarantee)

Kids Kabin

Notes to the Financial Statements For the year ended 30 June 2021

1. Accounting Policies

1.1 Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Kids Kabin meets the definition of a public benefit under FRS 102. The financial statements are prepared under the historical cost convention or transaction value unless otherwise stated in the relevant accounting policy note(s). The financial statements are prepared in Sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2 Going concern

The financial statements are prepared on a going concern basis. The Trustees have reviewed the annual budgets and considered relevant information in response to the COVID-19 pandemic. Actual results are monitors against budget. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

1.3 Funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

18

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

1.4 Incoming resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity has entitlement to the funds, any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions and is recognised as earned. Grant income included in this category provides funding to support performance activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with reasonable certainty. Income received to deliver services over a specific period covering more than one financial year is accounted for over the specific period; related expenditure is accounted when incurred.

Investment income relates to interest earned through holding assets on deposit.

Other trading income includes rental income received for the use of rooms at Kids Kabin.

In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refer to the directors report for more information about their contribution.

1.5 Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as an expense against the cost for which the expenditure arose.

1.6 Support cost allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity.

19

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

1.7 Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Freehold Property - 2.5% straight line Equipment - 25% straight line Fixtures and Fittings - 20% straight line

All assets costing more than £500 are capitalised.

1.8 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.9 Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.10 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement after allowing for any trade discounts due.

1.11 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.12 Pensions

The charitable company contributes to a defined contribution pension scheme for the benefit of its employees. The assets of the scheme are held separately from those of the charitable company. The annual contributions payable are charged to the Statement of Financial Activities.

1.13 Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

20

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

2. Legal status

Kids Kabin is a company limited by guarantee, registered in England and Wales, (No 04000826) and not having a share capital. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

3. Comparative statement of financial activities

Unrestricted Restricted Designated
Funds
Funds
Funds
Notes
£
£
£
Income from:
Donations and legacies
4
113,803
115,442
-
Charitable activities
5
20,069
-
-
Other trading income
6
485
-
-
Investment income
7
33
-
-
_
_
_
Total income
134,390
115,442
-
_
_
_
Expenditure on:
Charitable activities
8
112,738
87,317
204
_
_
_
Total expenditure
112,738
87,317
204
_
_
_
Net income before transfers
21,652
28,125
( 204 )
Transfers
18
( 8,749 )
-
8,749
_
_
_
Net movements in funds
12,903
28,125
8,545
Total funds brought forward
140,385
312,608
3,038
_
_
_
Total funds carried forward
153,288
340,733
11,583
Total

2020

£
229,245

20,069

485

33
_
249,832
_
200,259
_
200,259
_

49,573

-
_

49,573
456,031
_
505,604
Total

2019

£
225,803

20,881

270

298
_
247,252
_
158,694
_
158,694
_

88,558

-
_

88,558
367,473
_
456,031

21

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

4. Donations

Restricted Funds
BBC Children in Need
Tudor Trust
Wellesley Trust Fund at the Community Foundation Tyne
and Wear and Northumberland
Northern Rock Foundation
Ballinger Charitable Trust
Sage Foundation
Esmee Fairbairn Foundation
Garfield Weston Foundation
National Lottery - Awards for All
P&G Fund at the Community Foundation Tyne and Wear
and Northumberland
Daisy Marr at the Community Foundation Tyne and Wear
and Northumberland
Bernard Sunley Charitable Foundation
StreetGames
Walter Hines Page Chapter DAR
RW Mann Trust
National Lottery Covid-19 Emergency Fund
Virgin Money Endowment Fund at the Community Foundation
Tyne and Wear and Northumberland
Percy Bilton Charity
Other donations
Unrestricted Funds
Religious of the Assumption
LGA Foundation
Esmee Fairbairn Foundation
Sir James Knott Trust
Ballinger Charitable Trust
Government grant - JRS claim
Other donations and sundry income
Legacy income		 2021
£
22,734
27,000
8,031
-
6,250
7,500
-
-
-
-
-
-
1,030
-
-
12,500
4,000
5,940
1,780
_
96,765
15,000
15,000
10,000
15,000
500
5,794
23,014
10,000
_
94,308
_
191,073
 2020
£
27,587
25,000
7,865
5,000
-
5,000
2,940
12,000
10,000
2,500

2,539
5,000
3,456
1,000
1,000
-
-
-
4,555
_
115,442
31,883
15,000
20,000
15,000
5,714
10,735
15,471
-
_
113,803
_
229,245

22

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

5. Income from charitable activities

Contracts
Services
Other trading income
Rental income		 2021
£
13,957
-
_
13,957
_
2021
£
-
 2020
£
19,209
860
_
20,069
_
2020
£
485

6. Other trading income

7. Investment income

All of the charity’s investment income arises from money held within the current account.

8. Analysis of expenditure on charitable activities

Analysis of expenditure on charitable activities
Payroll costs
Project costs
Establishment costs
Office costs
Excursion costs
Depreciation
Professional Fees
Training costs
Sundry expenses
Support costs (Note 9)
Governance costs (Note 10)
Support costs
Basis of
allocation
Payroll costs
% of time
Establishment costs
10% of invoiced
Office expenses
10% of invoiced
Depreciation
10% of charge
Publicity
invoiced		 2021
£
151,746
9,603
6,401
12,706
2,037
9,177
6,892
143
285
13,835
1,500
_
214,325
_
2021
£
7,697
599
1,284
1,020
3,235
_
13,835		 2020
£
140,801
11,896
9,053
10,378
3,922
9,193
45
975
113
13,050
833
_
200,259
_
2020
£
6,411
1,006
1,153
1,021
3,459
_
13,050

9. Support costs

23

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

10. Governance costs

Governance costs
Examination fee
Trustee expenses
AGM costs
Net income/(expenditure) for the year
This is stated after charging:
Depreciation
Independent examiners fee		 2021
£
1,500
-
-
_
1,500
_
2021
£
10,197
1,500
 2020
£
750
46
37
_
833
_
2020
£
10,214
750

11. Net income/(expenditure) for the year

12. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities		 2021
£
142,286
10,182
6,975
_
159,443
_
2021
Number
9
 2020
£
134,720
5,592
6,034
_
146,346
_
2020
Number

8

During the year none (2020 – none) employees received total employee benefits (excluding employer pension costs) of more than £60,000.

The key management personnel of the charity comprise the trustees, and the Chief Executive. The total employee benefits of the key management personnel of the charity were £47,252 (2020 - £47,274).

24

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

12. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel (Continued)

The charity trustees were not paid or received any other benefits from employment in the year (2020 – £nil).

The reimbursement of trustees’ expenses was as follows:

Travel
Tangible Fixed assets
Assets
under
construction
£
Cost
At 1 July 2020
-
Additions
27,994
_
At 30 June 2021
27,994
_
Depreciation
At 1 July 2020
-
Charge for the year
-
Transfers
-
_
At 30 June 2021
-
_
Net book value
At 30 June 2021
27,994
_
At 30 June 2020
-
 Freehold
Property
£
400,385
-
_
400,385
_
179,434
10,010
-
_
189,444
_
210,941
_
220,951
 2021
2020
Number
Number
-
1
_ _
Equipment Fixtures,
fittings and
equipment
£
£
19,616
2,760
-
-
_
_
19,616
2,760
_
_
19,033
2,760
187
-
-
-
_
_
19,220
2,760
_
_
396
-
_
_____
583
-

 2021
£
-
__
Total
£
422,761
27,994
_
450,755
_
201,227
10,197
-
_
211,424
_
239,331
_____
221,534
 2020
£
46
_
_

13. Tangible Fixed assets

25

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

14. Debtors

Debtors
Prepayments and accrued income
Trade Debtors
Other debtors
Creditors: Amounts falling due within one year
Deferred income
Accruals
Trade creditors
Other creditors		 2021
£
1,935
-
3,868
_
5,803
_
2021
£
-
2,193
907
333
_
3,433
 2020
£
39,539
3,439
462
_
43,440
_
2020
£
-
1,191
641
303
_
2,135

15. Creditors: Amounts falling due within one year

16. Deferred income

Deferred income relates to grants received relating to future periods.


Opening balance
Released in the year
Arising in year
Closing balance		 2021
£
-
-
-
_
-
 2020
£
19,000
(19,000)
-
_
-

17. Pension costs

The charitable company operates a defined contribution pension scheme, during the period contributions of £6,975 (2020 - £4,087) were paid into the scheme.

26

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

18. Fund reconciliation
Year ended 30 June 2021
Unrestricted funds
General funds
Designated funds
Capital fund
– F&F
– Kitchen project
Future costs - Kitchen project
Management costs
Total unrestricted funds
Restricted funds
Newcastle
BBC Children in Need
Esmee Fairbairn Foundation
Sage Foundation
StreetGames
Patchwork Grant
Wellesley Trust Fund
Middlesbrough
Maria Assumpta Trust
Tudor Trust
Middlesborough Council
Ballinger Charitable Trust
Newcastle– Kitchen Project
Bernard Sunley Charitable Foundation
Garfield Weston Foundation
National Lottery – Awards for All
Sage Foundation
Virgin Money Endowment Fund
Percy Bilton Charity
Percy Hedley Foundation
Other
Designated funds
Capital fund – property
Less: Designated funds_(noted above)_
Total restricted funds
Total funds		 Brought
Forward
£
153,288
583
-
11,000
-
_
11,583
_
164,871
3,998
275
1,726
-
-
7,902
_
13,901
45,831
3,870
-
-
_
49,701
5,000
12,000
10,000
18,586
-
-
-
10,594
11,000
_
67,180
220,951
( 11,000 )
_
340,733
_
505,604
 Income Expenditure Transfers
£
£
£
108,265
( 67,325 )
( 89,056 )
-
( 187 )
-
-
-
27,994
-
-
26,019
-
-
35,000
_
_ _
108,265
( 187 )
89,013
_
_ _
108,265
( 67,512 )
( 43 )
22,734
( 26,721 )
( 11 )
-
-
-
7,500
( 3,439 )
-
1,030
( 1,030 )
-
12,500
( 12,500 )
-
8,031
( 7,694 )
-
_
_ _
51,795
( 51,384 )
( 11 )
-
( 28,173 )
-
27,000
( 26,384 )
-
1,280
( 1,280 )
-
6,250
( 1,534 )
-
_
_ _
34,530
( 57,371 )
-
-
( 3,468 )
-
-
-
-
-
-
-
-
( 18,586 )
-
4,000
-
-
5,940
( 5,994 )
54
500
-
-
-
-
-
-
-
26,019
_
_ _
10,440
( 28,048 )
26,073
-
( 10,010 )
-
-
-
( 26,019 )
_
_ _
96,765
( 146,813 )
43
_
_ _
205,030
( 214,325 )
-

 Carried
Forward
£
105,172
396
27,994
37,019
35,000
_
100,409
_
205,581
-
275
5,787
-
-
8,239
_
14,301
17,658
4,486
-
4,716
_
26,860
1,532
12,000
10,000
-
4,000
-
500
10,594
37,019
_
75,645
210,941
( 37,019 )
_
290,728
_
496,309
27

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

18. Fund reconciliation(Continued)
Year ended 30 June 2020
Unrestricted funds
General funds
Designated funds
Capital fund F&F
Kitchen project
Total unrestricted funds
Restricted funds
Newcastle
Assumption Legacy Fund
Ballinger Charitable Trust
BBC Children in Need
Esmee Fairbairn Foundation
Northern Rock Foundation
Sage Foundation
StreetGames
Walter Hines Page Chapter DAR
Wellesley Trust Fund
Middlesbrough
Maria Assumpta Trust
Tudor Trust
Newcastle– Kitchen Project
Bernard Sunley Charitable Foundation
Garfield Weston Foundation
National Lottery – Awards for All
Sage Foundation
Other
Designated funds
Capital fund – property
Less: Designated funds_(noted above)_
Total restricted funds
Total funds		 Brought
Forward
£
140,385
38
3,000
_
3,038
_
143,423
1,383
5,000
-
-
-
-
-
-
4,678
_
11,061
52,000
-
_
52,000
-
-
-
18,586
-
3,000
_
21,586
230,961
( 3,000 )
_
312,608
_
456,031
 Income Expenditure Transfers
£
£
£
134,390
( 112,738 )
( 8,749 )
-
( 204 )
749
-
-
8,000
_
_ _
-
( 204 )
8,749
_
_ _
134,390
( 112,942 )
-
-
( 1,383 )
-
-
( 5,000 )
-
27,587
( 23,589 )
-
2,940
( 2,665 )
-
5,000
( 5,000 )
-
5,000
( 3,274 )
-
3,456
( 3,456 )
-
1,000
( 1,000 )
-
7,865
( 4,641 )
-
_
_ _
52,848
( 50,008 )
-
-
( 6,169 )
-
25,000
( 21,130 )
-
_
_ _
25,000
( 27,299 )
-
5,000
-
-
12,000
-
-
10,000
-
-
-
-
-
10,594
-
-
-
-
8,000
_
_ _
37,594
-
8,000
-
( 10,010 )
-
-
-
( 8,000 )
_
_ _
115,442
( 87,317 )
-
_
_ _
249,832
( 200,259 )
-

 Carried
Forward
£
153,288
583
11,000
_
11,583
_
164,871
-
-
3,998
275
-
1,726
-
-
7,902
_
13,901
45,831
3,870
_
49,701
5,000
12,000
10,000
18,586
10,594
11,000
_
67,180
220,951
( 11,000 )
_
340,733
_
505,604

28

Kids Kabin (a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

18. Fund reconciliation (continued)

Designated funds

Capital fund F&F is equal to the net book value of the fixtures, fittings and equipment of the charity.

The kitchen project has two designated funds, one is the capital fund for expenditure which has been capitalised in the year and will be depreciated over their economic useful life.

The future costs designated fund are funds set aside by the trustees for future capital expenditure on the kitchen project. It is expected the future costs designated fund will be spent in 2021-22 and capitalised expenditure will transfer into the capital fund.

The trustees have decided to designated £35,000 in 2021-22 financial year towards 6 months of the salary costs of key management staff, the Chief Executive and the Business Support Manager.

Restricted funds

Newcastle Project – relates to specific funding received for the delivery within the five Newcastle locations.

Middlesbrough Project – relates to funding received for the set-up and running of Kids Kabin Middlesbrough.

Newcastle – Kitchen Project – relates to the development of the kitchen within the premises at Church Walk. The kitchen project had an overall brought forward reserves balance of £67,180. During the year further income of £10,440 was recognised and £29,026 of expenditure was incurred. In the financial year 21/22 further expenditure of £74,613 will be incurred bringing total expenditure on the project to £103,639.

Capital fund – property

The capital fund is equal to the net book value of the property held within the charity. Restricted funds had originally been obtained in order to purchase these assets.

29

Kids Kabin

(a company limited by guarantee)

Notes to the Financial Statements (Continued) For the year ended 30 June 2021

19. Analysis of net assets between funds

Year ended 30 June 2021
Unrestricted Designated Restricted
funds
funds
funds
£
£
£
Fixed assets
27,994
396
210,941
Current assets_excluding Cash at bank_
5,803
-
-
Cash at bank
157,843
-
96,765
Current liabilities
( 3,433 )
-
-
_
_ _
134,198
72,415
289,696
_
_ _
Year ended 30 June 2020
Unrestricted Designated Restricted
funds
funds
funds
£
£
£
Fixed assets
-
583
220,951
Current assets_excluding Cash at bank_
43,440
-
-
Cash at bank
127,323
-
115,442
Current liabilities
( 2,135 )
-
-
_
_ _
161,288
3,583
340,733

 Total
2021
£
239,331
5,803
254,608
( 3,433 )
_
496,309
_
Total
2020
£
221,534
43,440
242,765
( 2,135 )
_
505,604

20. Related party transactions

During the year the charitable company received a donation of £15,000 (2020 - £31,883) from the Sisters of Assumption. One of the trustees is a member of the Sisters of Assumption.

During the year, the charitable company paid Active Creative Thinking £2,000 (2020 - £nil). One of the trustees, Kathryn Davidson is a director of Active Creative Thinking. The payment was a project management fee for the kitchen redevelopment project in Newcastle.

30