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|Contents||Pacae|
|---|---|---|
|Officers and professional
advisers|||
|Report of the trustees|||
|independent
auditor's|report|21|
|Statement
of financial|activities|25|
|Balance sheet||26|
|Statement
of cash flows||27|
|Notes to the financial|statements|28|
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|Risk identified|||Action taken to mitigate the risk||
|---|---|---|---|---|
|Inflation
and its impact on our beneficiaries,|||Ongoing
review of beneficiary
needs and our||
|our people and our|operations||services, focus on income generation|and|
||||financial
planning,
annual cost of living|salary|
||||review||
|Over reliance on project||funding|Fundraising
and business
development||
||||strategies
to diversify
income, digital innovation||
||||and the roll out of new di
ital offerin s.||
|Reduction
in funding|from major donors||Fundraising
and business
development||
||||strategies to diversify
income||
|Data loss|||Data Protection
Policy and
IT systems|and|
||||processes
reviewed
regularly;
new CRM||
||||system
implemented
with training
for staff||
|The need to continuously||adapt and evolve|Ongoing
review of beneficiaries
needs|drawing|
|the way the charity|offers advice and support||on services insight,
user feedback, and||
|for kinship carers.|||external agency
input||
|External factors including||societal and|Regularly
review agreed deliverables,|monitor|
|environmental
changes||that could impact|effective completion
of commissioned|and|
|delivery
of services|||other services, assess external factors|and|
||||ensure business as usual measures
are||
||||incorporated||
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|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
||||Notes|funds|funds|Total 2022|Total 2021|
|||||f|f|f|f|
|INCOME||||||See note 17for detail||
|Donations,
grants and legacies:||||||||
|General||||332.113||332113|593,239|
|Advice Service and other|restricted|funded||||||
|services|||||489,441|489,441|373,402|
|Kinship Care Support Services|||||461,828|461,828|326,274|
|Service Development||||||||
|Charitable
activities||||||||
|Kinship Care Support Services|||||817,442|817,442|1,062,740|
|Investment
income||||706||706|1,428|
|TOTAL INCOME||||332,819|1,768,711|2,101,531|2,357,084|
|EXPENDITURE||||||||
|Raising funds||||87,107||87,107|76,729|
|Charitable
activities||||419,327|1,395,397|1,814,724|1,732,872|
|TOTAL EXPENDITURE||||506,433|1,395,397|1,901,830|1,809,601|
|Net Income/(expenditure)|for the year||8|(173,614)|373,314|199,699|547,483|
|Transfer between
funds|||15|||||
|Net Income/(expenditure)|for the year|||(173,614)|373,314|199,699|547,483|
|Fund balances at 1April 2021||||554,791|723,507|1,278,297|730,814|
|Fund balances as at 31March 2022|||15|381,177|1,096,821|1,477,997|1,278,297|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|f|
|Net cash generated/(used)||in operating
activities|||108,644|856,883|
|Cash flows from investing||activities|||||
|Purchase offixed assets|||||(22,415)|(29,842)|
|Change
in cash|and cash equivalents||in the year||86,229|827,041|
|Cash and cash|equivalents|brought
forward|||1,498,654|671,613|
|Cash and cash|equivalents|carried forward|||1,584,883|1,498,654|
|Reconciliation|ofnet movement
of||funds to net cash used in operating|activities|||
|Net movement|in funds||||199I699|547,483|
|Depreciation|||||17,460|15,785|
|(Increase)/decrease
in debtors|||||(174,759)|156,985|
|Increase/(decrease)
in creditors|||||66,244|136,630|
|Net cash used|in operating|activities|||108,644|856,883|
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2.Donations,
grants and legacies|||||||Restricted-|||
|||||Unrestricted||Restricted-|Kinship Care|2022|2021|
||||||funds|Otherfunds|support|Total Funds|Total Funds|
||||||||service|||
||||||||f|||
|Grants and donations|(see below)||||319,203|489,441|461,828|1,270,472|1,215,916|
|Publications|||||1,276|||1,276|82|
|Individual
fundraising|||||7,573|||7,573|61,901|
|Membership
fees|||||||||5,692|
|Sundry income|||||4,061|||4,061|9,324|
||||||332,113|489,441|461,828|1,283,382|1,292,915|
|Analysis ofvoluntary
grants, trust||||fundraising|and donations|||||
|Players ofthe People's|Postcode||Lottery|||||||
|through
Postcode Support||Trust(1)|||300,000|||300,000|300,000|
|The Mercers' Company,
The Charity ofSir Richard|Supported
Whittington|||by||19,833||19,833|10,000|
|Sport England
Families|Fund|||||2,975|113,030|116,005|69,444|
|The Dulverton
Trust|||||||||30,000|
|The Headley Trust||||||25,000||25,000|25,000|
|Cripplegate
Foundation||||||1,000|19,000|20,000|20,215|
|TNLCF —Kinship Compass||||||149,733||149,733|198,356|
|The Esmee Fairbairn
Foundation
Supported
by City Bridge Trust, the||||||60,750||60,750|90,000|
|funding
arm ofThe City|of London|||||||||
|Corporation's
Charity,
Bridge House||||||41,000||41,000|40,000|
|Estates (1035628)||||||||||
|Newcastle
Fund|||||||||27,392|
|Department
for Education||- VCSE|Covid-|||||||
|19|||||||262,823|262,823|147,753|
|The National
Lottery Community|||Fund-|||||||
|People and Places 3||||||10,731|46,975|57,706|41,220|
|The Harebell
Centenary|Fund||||10,000|||10,000|10,000|
|Ballinger Charitable
Trust|||||||20,000|20,000|20,000|
|Triangle Trust||||||48,000||48,000||
|Kickstart Scheme||||||13,129||13,129||
|BBCChildren
in Need||||||10,085||10,085||
|Comic Relief||||||83,500||83,500||
|Four Acre Trust||||||6,250||6,250||
|Other trust grants|||||13,320|3,500||16,820|7,500|
|Other grants, donations|||||4,117|13,955||9,838|179,036|
||||||319,203|489,441|461,828|1,270,472|1,215,916|
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||||||Unrestricted|Restricted|Total funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2022|2021|
|||||||f|f|f|
|Support service|||||||||
|Services||||||817,442|817,442|1,062,740|
|||||||817,442|817,442|1,062,740|
|4.Costs ofraising|funds||||||||
||||||Unrestricted|Restricted|Total Funds|Total Funds|
||||||funds|funds|2022|2021|
|Staff costs|||||85,354||85,354|65,363|
|Other costs|||||1,753||1,753|11,366|
||||||87,107||87,107|76,729|
|5. Resources expended|||||||||
||||||Activities||||
||||||undertaken||||
|||||Staff costs|directly|Support costs|Tota I 2022|2021|
||||||f|f|||
|Advice Service||||154,677||37,633|192,310|221,550|
|Kinship Care Support||Services||930,019||273,068|1,203,087|1,064,193|
|Core||||248,394||170,933|419,327|447,129|
|Total charitable|expenditure|||1,333,090||481,634|1,814,724|1,732,872|
|Costs ofgenerating||charitable|income|85,354||1,753|87,107|76,729|
|Total resources expended||||1,418,444||483,387|1,901,830|1,809,601|
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|.
Support costs|||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Other charitable|||
||||||Total|Activities|Core||
||||||2022|2022|2022|2021|
|||||||f||f|
|Other staff costs|||||15,016||15,016|1,104|
|Premises costs|||||50,368||50,368|42,442|
|Postage|||||1,520||1,520|507|
|Telecommunications|||||2,866||2,866|3,049|
|Office equipment|maintenance||||25,539||25,539|1,155|
|General administration|||costs||9,004||9,004|144|
|Professional
costs|||||58,512||58,512|32,453|
|Marketing|||||3,401||3,401|1,853|
|Other costs|||||4,707||4,707|41,363|
||||||170r933||170,933|124,070|
|Staff numbers|and costs||||||2022|2021|
|Wages and salaries|||||||1,269,301|1,179,325|
|Social security costs|||||||116,404|106,559|
|Pension costs|||||||30,442|29,995|
||||||||1,416,147|1,315,879|
|Staff costs split:|||||||||
|Charitable
activities||(note 5)|||||1,084,696|927,457|
|Core (note 5)|||||||248,394|323,059|
|Costs ofgenerating||funds (note 4)|||||85,354|65,363|
||||||||1,418,444|1,315I879|
|The average number||of|employees|during the year was:|||2022|2021|
|Direct activities|||||||50|47|
||||||||50|47|
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|13. Debtors||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021|
||||||||E||f|
|Due within one year:||||||||||
|Grant debtors|||||||41,123||81,347|
|Accrued income|||||||216,991||211|
|Other debtors and prepayments|||||||4,205||6,002|
||||||||2621319||87,560|
|14. Creditors: Amounts|falling due within one year||||||2022||2021|
||||||||f||f|
|Trade creditors|||||||41,714||11,523|
|Social Security and Other taxes|||||||46,980||38,788|
|Accruals|||||||7,833||10,598|
|Deferred grant income|||||||306,960||276,335|
||||||||403,487||337,244|
|Deferred grant income represents||income relating to the next year|||received|in the current year. Income of||||
|E306,960 which related to 2022/23 has been deferred|||and deferred||income|off276,335from last year has||been||
|released as it related to the current||year.||||||||
|15. Movement
in funds||||||||||
||||||||Transfer|||
|||At 1April||Incoming||Resources|between|At|31March|
|||2021||resources||expended|reserves||2022|
|||f||f||f|E||f|
|Unrestricted
funds||554,791||332r819||(506r433)|||381,177|
|Restricted funds||||||||||
|Kinship care support services||487,805||1,279,270||(1,203,087)|||563,988|
|Advice Service and other|restricted|funded||||||||
|services||235,702||489,441||(192,310)|||532,833|
|Total restricted
funds||723,507||1,768,711||(1,395,397)|||1,096,821|
|Total funds||1,278,297||2,101,530||(1,901,830)|||1,477,997|
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|15. Movement
in funds
- Prior y|ear||||||
|---|---|---|---|---|---|---|
||||||Transfer||
|||At 1April|Incoming|Resources|between|At 31March|
|||2020|resources|expended|reserves|2021|
||||f|f||f|
|Unrestricted
funds||483,980|594r668|(523,857)||554,791|
|Restricted funds|||||||
|Kinship care support services||162,441|1,389,014|(1,064,193)|543|487,805|
|Relative Experience||(13,625)|||13,625||
|Advice Service and other restricted|funded||||||
|services||83,850|373,402|(221,550)||235,702|
|Policy and Research|||||||
|Service Development||14,168|||(14,168)||
|Total restricted funds||246,834|1I762,416|(11285,743)||723,507|
|Total funds||730,814|2,357,084|(1,809,600)||1(278,297|
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|16. Anal|y|sis ofn|et assets between funds||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||
|||||funds|funds|TotalFunds|
|2022|||||||
|Tangible|Fixed Assets|||34,282||34,282|
|Cash||||1,154,927|429,835|1,584,762|
|Other net||current|liabilities|(92,322)|(48,846)|(141,168)|
|||||1,096,887|380,989|1I477,876|
|||||Unrestricted|Restricted||
|||||funds|funds|Total Funds|
|2021||||f|||
|Tangible|Fixed Assets|||29,327||29,327|
|Cash||||580,158|918,496|1,498r654|
|Other net||current|assets|(54,695)|(194,989)|(249r684)|
|||||554r790|723,507|1,278,297|
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||||||2021|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
|Income||||||
|Donations,
grants and|legacies:|||||
|General|||593,239||593,239|
|Advice Service and other restricted||funded services||373,402|373,402|
|Kinship Care Support|Services|||326,274|326,274|
|Charitable
activities||||||
|Kinship Care Support|Services|||1,062,740|1r062,740|
|Investment
income|||1,428||1,428|
|TOTAL INCOME|||594,668|1,762,416|2,357,085|
|EXPENDITURE||||||
|Raising funds|||76r729||76,729|
|Charitable
activities|||447I129|1,285,743|1,732,872|
|TOTAL EXPENDITURE|||523,857|1,285,743|1,809r600|
|Net Income/(expenditure)
for the year|||70,811|476,673|547I483|
|Transfers between
funds||||||
||||70,811|476,673|547,483|
|Fund balances at 1April|2020||483,980|246,834|730,814|
|Fund balances as at 31March 2021|||554,791|723r507|1,278,297|
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