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?**
- Our teams in Newcastle and Middlesbrough have continued to engage and support a significant number of children and young people across our delivery locations. Covid restrictions and disruptions have led to a small reduction in total numbers of participants and attendances. However, overall numbers remain consistent with previous years. Across all Kids Kabin activities, 980 participants have taken part (1173 in 2019-2020) in 687 workshops (677 in 2019-2020). These children and young people have taken part 5449 times (total attendances, as compared to 6490 in 2019-2020).
- We have appointed 2 new project workers in Middlesbrough, Dean Ross Tinkler and Brandon Fox, to support workshops there. The Middlesbrough team have also been supported on a weekly basis by 2 members of our international volunteer team.
- We have seen a reduction in regular community volunteering as a result of Covid. However, we have also been very fortunate to have had 3 full time international volunteers as part of our team over the year (thanks to the Assumption Volunteer Programme). This has given consistency and capacity through the turbulence of the last year.
- The focus of work with parents has been in building relationships and developing strong communication practices across our locations. This has enabled us to more effectively communicate the changes to delivery resulting from lockdowns and restrictions.
- Our work with young volunteers has focused on a number of progression projects. These have enabled groups of young people to take part in ‘Making a Difference’ projects to benefit their own communities. Groups in Cowgate have made flower planters for the church hall and young people in Byker and Daisy Hill have cleaned, tidied and improved community gardens.
## **Future plans**
- Further developing the roles of the Assumption Volunteer Team, the ‘international’ volunteers, focusing on their progression and leadership roles.
- Increasing the number of community volunteers, after the reduction caused by Covid.
- Continuing to promote and develop progression routes for children and young people, through young volunteering and ‘Making a Difference’ projects.
**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.
- Build Kids Kabin Middlesbrough.
- Explore new opportunities in a third city.
## **What has happened this year?**
- Kids Kabin Newcastle teams continue to work with and support our 5 core communities – Walker, Cowgate, Pottery Bank, Daisy Hill and Byker.
- Kids Kabin Middlesbrough continues to grow. Last year’s report highlighted the development of the Kids Kabin base at 36 Laurel Avenue, Grove Hill. Since then, the team have worked with partner organisations to set up and deliver workshops from the Charwood Centre in Thorntree/Brambles Farm, with further support from the Thirteen Housing group. Middlesbrough delivery now focuses on 3 core neighbourhoods – Grove Hill, Thorntree/Brambles Farm and Easterside.
- Across our 8 delivery locations we are now running more than 20 workshops in an average week.
- Last year’s report also outlined plans to research the development of Kids Kabin delivery in a third town or city with pilot workshops running in Summer 2021. Ongoing Covid challenges have limited the scale of these developments and directed our focus on Newcastle and Middlesbrough. However, in response to a request from the Family Time team at Hartlepool Borough Council, we trained their team in street workshop delivery and co-delivered workshops with them to help them kickstart their summer programme.
- The kitchen redevelopment at the Church Walk centre is making steady progress, amidst a range of challenges for the building trade over the last year.
## **Future plans**
- Continuing to develop and welcome new geographical skill sharing partnerships – following the positive outcomes of the Hartlepool collaboration.
- Opening the new kitchen and Kids Café facility at our main centre in Newcastle by January 2022.
- Continuing the establishment and development of our 3 centres in Middlesbrough.
**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.
**----- Start of picture text -----**
5
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2. 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**
3. Numbers of unique individuals taking part at each Newcastle location, 2019-20 and 2020-21.
.
4. 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?**
- We have continued to develop our practice sharing partnerships, starting with our collaborative street bike mechanics workshops in Byker. In September 2020, we restarted street delivery, adapting it to create a covid secure ‘Dial a Repair’ scheme using online and phone booking, working with family bubbles. In April 2021 we resumed open street workshops alongside Recyke Y’ Bike and Byker Children and Young People’s Partnership.
- In April 2021, the Family time team at Hartlepool Borough Council contacted Kids Kabin asking for support to engage a targeted community through street delivery. We worked together in summer 2021 to empower them to make this happen – as shown in the case study below.
- Community partnerships in Walker and Byker in Newcastle continue to collaborate to target need and deliver community activities together. In December 2020, the Walker Workers brought Christmas cheer and celebration at a challenging time – through a fancy-dress horse and bike parade through the streets of Walker. In summer 2021 we restarted the Walker Outdoor Week Community Festival.
- Kids Kabin is currently working with Northumbria University and Beamish Museum on an intergenerational creativity project, linking groups from Kids Kabin with elderly ‘makers’ from Beamish.
- Kids Kabin Middlesbrough is developing a number of exciting new partnerships. For example, the team are working with Thirteen Housing, the Community Police team and local partners to turn a derelict back alley into a safe and tidy play street and community garden.
## **Future plans**
- Building on our new partnerships – Learning and developing the work with Beamish, and continuing to work with and share practice with partners in Hartlepool.
- Collaborating with local Universities – Exploring how community partnerships can best support Universities and researchers to engage with the neighbourhoods in which we work.
- Developing collaborative training – Kids Kabin is a member of the Neighbourhood Youth Projects partnership. We are currently setting up an apprenticeship scheme, to enable each organisation to recruit a trainee and for this new cohort to work and train together and learn from other youth organisations.
**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?**
- In response to Covid safety requirements, the team have continued to adapt delivery. For example, between October 2020 and June 2021, we increased our Newcastle school delivery to 4 workshops a week. These workshops took place on school premises, focusing on bushcraft, campfire cookery and outdoor furniture making. This enabled 450 children to participate in these workshops, an increase from a previous average of 250 participants each year.
- We have continued to use a range of outdoor spaces and adapted engagement methods, including the introduction of ‘doorstep’ repair workshops, using online and phone bookings.
- In May 2021, with the relaxation of restrictions, we resumed our conversation ‘interviews’ with participants to measure impact. The results of these conversations are described below.
- To ensure high quality delivery and the sharing of practice across the organisation, individual delivery teams are now setting, reviewing and sharing their working objectives and creative ideas.
## **Future plans**
- Increasing fundraising capacity – As Kids Kabin grows, we see the increasing importance of developing our fundraising capacity and diversifying our approaches to income generation.
- Developing leadership skills in the organisation – International (AVP) volunteers and young volunteers are becoming increasingly important in our delivery model. We are improving how we support these young people as leaders.
## **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:
- All participants report new practical skills and increased confidence in at least one activity. Improvements in skills and confidence vary by activity, from 97% of participants reporting increased confidence in woodwork and cookery, decreasing to 78% in arts and crafts and 16% in drama. These numbers also reflect our focus on outdoor workshops – cookery, bushcraft and woodwork – and the limits we have faced delivering groupwork (e.g., drama)
- 94% of participants reported an improvement in social confidence. One participants says, “I’ve learnt how to talk to people more. I feel more confident talking in front of people and talking out loud in a group.” A parent has explained how Kids has helped her child reengage after lockdown, “He never goes out or sees anyone else, but he really looks forward to coming to Kids Kabin now its back on – it’s all he’s talking about.”
**9**
## **Kids Kabin**
## **(a company limited by guarantee)**
## **Trustees’ Annual Report** _**(Continued)**_ **For the year ended 30 June 2021**
- 81% of participants have explained that they are more confident to share their skills with others and 78% have reported that they are more confident to use the skills they have learnt at home.
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 charitale 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 apiCatiOn 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**