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||The King's|Family Centre|
|---|---|---|
||General|Information|
||Forthe Year Ended 28th February 2022||
|ADDRESS:||The King's Family Centre|
|||Aveley
High Street|
|||Ave icy|
|||South Qckendon|
|||Essex RM15 4AX
~kf
.|
|CHARITY NUMBER:||1096098|
|TRUSTEES:||Dr Olamide Soleye|
|||Rev Anthony
Ash aye|
|||Mr Abiodun
Olusanya|
|||Mr Friday Odili|
|||Mr Paul Farinde|
|MINISTER-IN-CHARGE:||Reverend
Anthony
Ashaye|
|ACCOUNTANTS:||LIPSON AND CO. LIMITED|
|||88 North Street|
|||Hornchurch|
|||Essex|
|||RM11 1SR|
|||Tek 020 85293600|
|||www.
li sonandco. corn|
|SOLICITORS:||Palmers Solicitors|
|||19Town Square|
|||Basildon|
|||Essex SS141BD|
|||www.
almerslaw. co.uk|
|BANKERS:||HSBC|
|||15The Mall|
|||Stratford|
|||London E151XL|
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|m|Penod start|Penod start|date
Kings Family Centre
01/03/2021
Annual
accounts|date
Kings Family Centre
01/03/2021
Annual
accounts|date
Kings Family Centre
01/03/2021
Annual
accounts|date
Kings Family Centre
01/03/2021
Annual
accounts|To
for the|Charity
No
lif any)
Period end
date
eriod|Charity
No
lif any)
Period end
date
eriod|28/02/2022|CC17a|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Restricted|||||
|Recommended||oetails|of own|e|Unrestricted||income|Endowment||Total this|Total last|
|categories
by activity||analysis||z||funds|funds|funds||year|year|
|||||||E||||E|E|
|Incoming resources
(Note||3)||||F01|F02|F03||F04|F05|
|Incoming resources
from||||||||||||
|generated
funds||||||||||||
|Vclunfsfy
income||||S01||436,555||||436555|349496|
|Acgviges far generating
funds||||002||||||||
|Investment
Income||||SSS||15|||||34|
|incoming
resources
from||||||||||||
|charitable
activities||||S04||||||||
|Other incoming
resources||||Scs|||||||41,073|
|Total incoming resources||||scs||436,570||||436,570|390603|
|Resources expended|(Notes 4-8)|||||||||||
|Costs ofGenerating
Funds||||||||||||
|Costs of gene fsfing
voluntary
income||||007||206,238||||206238|185,352|
|Fundmisng
trading costs||||000||||||||
|Investment
management
casts||||Scg||||||||
|Charitable
activities||||S10||140,735||||140,735|116,211|
|Governance costs||||011||1,320||||1,320|1,320|
|Other resources expended||||012||||||||
|Total resources expended||||||348,293||||348293|302883|
|Netincoming/(outgoing/|resources before|||||||||||
||||transfers|014||86,278||||88,278|87,72D|
|Gross transfers
between funds||||015||||||||
|Net incoming/(outgoing/|resources before|||||||||||
|other recognised||gains/(lasses)||sf0||||||86278|87,720|
|Other recognised
gains/(losses)||||||||||||
|Gains and losses on revaluation||offixed assets||||||||||
|for the charity's
own use||||017||||||||
|Gains and losses on Investment||assets||SI0||||||||
|Net movementin|||funds|sf0|||||||87,720|
|Total funds brought
forward||||S20||318,210||||318,210|230,490|
|Total funds carried|||forward|sti||406,486||||406,488|318,210|
|||||||||Restricted||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||a0Z|Unrestricted
funds|income
funds|Endowment
funds|Total this
year||Total last
year||
||||||||E|E|E||||6|
|Fixed assets|||||||F01|F02|F03|F04|||F05|
|Tangible assets||||(Note 9)||B01|71,802|||71,802|||71,816|
|||||||B02||||||||
|Investments|||(Note 10)
Total fixed assets|||B03
B04|71,802|||7,602|||71,816|
|Current|assets|||||||||||||
|Stock and|work in|progress||||B06||||||||
|Debtors||||(Note 11)||B06|137,560|||137,560|||137,000|
|(Short term) investments||||||B07||||||||
|Cash at bank and||in|hand|||B03|200,806|||200,806|||117,624|
|||Total||current assets|||338,366|||338,366|||254,624|
|Creditors:|amounts||falling||due within|||||||||
|one year|(Note 12)|||||010|3,680|||3,680|||8,230|
|Net current|||assetslfliabilitiesj|||B«34,68||||334,|6||246,394|
|Total assets less|||current liabilities|||B12|6,
6|||,4|||318,210|
|Creditors:|amounts||faIling||due after|||||||||
|one year||(Note||12)||B13||||||||
|Provisions|for liabilities|||and|charges|B14||||||||
||||||Net assets|616|406,488|||406,48|||318,210|
|Funds ofthe Charity||||||||||||||
|Unrestricted|funds|||||B16|406,488|||406,488|||318,210|
|||||||B17||||||||
|Restricted|income|funds||(Note 13)||B16||||||||
|Endowment|funds|(Note||13)||B19||||||||
|||||Total funds||020||||406,488|||316,210|
|Signed by one or two
the trustees||trustees
on|||behalf of all||Signature||Print|Name||Date of
6
royal||
|||||||||||nl&/FIo~||||
||||||||||ha'|||||
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|Note 2||Accounting
policies|Accounting
policies|||||
|---|---|---|---|---|---|---|---|
|This standard
list of||accounting
policies has been applied by the charity except for those deleted.||Where|a different|||
|oradditional policy has been|||adopted then this is detailed
in the box below.|||||
|INCOMING
RESOURCES||||||||
|Recognition|ofincoming||These are included
in the Statement
of Financial
Activities (SoFA) when.|||||
|resources|||the charity becomes entitled
to the resources;|||||
||||the trustees are virtually
certain they will receive the resources;
and|||||
||||the monetarv
value can be measured
with sufficient
reliability.|||||
|Incoming
resources||with|Where incoming
resources
have related expenditure
(as with fundraising|or contract income)||||
|related expenditure|||the incommg
resources
and related expenditure
are reported
gross in the|SoFA.||||
|Grants and|donations||Grants and donations
are only included
in the SoFA when the charity has|unconditional||||
||||entitlement
to the resources.|||||
|Tax reclaims on donations|||Incoming
resources
from tax reclaims are included
in the SoFA at the same time||as the gift to|||
|and gifts|||which they relate.|||||
|Contractual|income and||This is only induded
in the SoFA once the related goods orservices have|been delivered.||||
|performance|related|grants||||||
|Gifts in kind|||Gifts in kind are accounted
for at a reasonable
estimate
oftheir value to the charity orthe
amount
actually realised.|||||
||||Gifts in lund for sale or distribution
are included
in the accounts as gifts only when||sold|or||
||||distributed
by the charity.|||||
||||Gifts in kind for use by the charity are included
in the SoFA as mcoming
resources||when|||
||||receivable.|||||
|Donated services and|||These are only included
in incoming
resources
(with an equivalent
amount|in resources||||
|tacilities|||expended)
where the benefit to the charity is reasonably
quantifiable,
measurable||and|||
||||matenal.
The value placed on these resources
is the estimated
value to the charity ofthe|||||
||||senses or faolity received.|||||
|Volunteer
help|||The value ofany voluntary
help received
is not included
in the accounts
but is described
trustees'
annual
report.|||in the||
|Investment|income||This is included
in the accounts when receivable.|||||
|Investment|gains and|losses|This includes
any gain or loss on the sale of investments
and any gam or|loss resulbng||from||
||||revaluing
investments
to market value at the end ofthe year.|||||
|EXPENDITURE||AND LIABILITIES||||||
|Liability recognition|||Liabibties are recognised
as soon as there is a legal or constructive
obhgation
committing||||the|
||||charity to pay out resources.|||||
|Governance|costs||Include costs ofthe preparation
and examination
of statutoiy
accounts, the costs oftrustee|||||
||||meetings
and cost of any legal advice to trustees
on governance
or constitutional||matters.|||
|Grants with|perforinance||Where the charity gives a grant vsth conditions
for its payment
being a speofic level ofservice|||||
|condltlohs|||or output to be provided,
such grants are only recognised
in the SoFAonce the recipient|||ofthe||
||||grant has prowded
the speofied service or output.|||||
|Grants payable without|||These are only recognised
in the accounts
when a commitment
has been|made and there|||are|
|performance|conditions||no conditions to be met relating to the grant which remam
in the control ofthe charity.|||||
|Support Costs|||Support costs include central functions
and have been allocated to activity|cost categones|||on|
||||a basis consistent
with the use ofresources, eg allocating
property costs by floor areas,|||or per||
||||capita, staff costs by the time spent and other costs by their usage.|||||
|ASSETS||||||||
|Tangible fixed assets||for use|These are capitalised
ifthey can be used for more than one year, and cost at least||5500.|||
|by charity|||They are valued at cost or a reasonable
value on receipt.|||||
|Investments|||Investments
quoted
on a recognised
stock exchange are valued at market|value at the year||||
||||end.
Other investment
assets are included
at trustees'
best estimate
of market value.|||||
|Stocks and work in progress|||These are valued at the lower ofcost or market value,|||||
|POLICIES ADOPTED||||||||
|ADDITIONAL||TO OR||||||
|DIFFERENT FROM||THOSE||||||
|||ABOVE||||||
|Note 3||Analysis ofincoming|Analysis ofincoming|resources|||
|---|---|---|---|---|---|---|
|Incoming|resources may|be further analysedif||this would help the reader ofthe|accounts.||
|||||Analysis|This year
f|Last year
f|
|Voluntary|income|Offerings|Received||436,555|349,496|
|||||Total|436,555|349,496|
|Activities|for generating||||||
|funds|||||||
|||||Total|||
|Investment|income|Interest|||15||
|||||Total|15||
|Other incoming sources||HMRC CJRS||||41,073|
|||||Total||41,073|
|Note 4|||Analysis|ofresources expended|ofresources expended|ofresources expended||||
|---|---|---|---|---|---|---|---|---|---|
|Resources||expended|may be further||analysed|ifthis would|help the reader ofthe accounts.|||
|||||||||This year|Last year|
|||||||Analysis|||E'|
|Costs ofgenerating|||Wages|||||121,243|102,315|
|voluntary|income||Telephone,||ost 8 statione|||5,530|5,311|
||||Insurance|||||2,751|2,693|
||||Miscellaneous||expenses|||||
||||Advertisin||||||6 860|
||||Rent & utihtes|||||25,579|26,237|
||||Lease ofequipment|||||33,608|15,235|
||||Re airs to prope|||||854|6,399|
||||Le al fees|||||5,845|8,920|
||||Bank Char|es||||2,394|2,512|
||||I7e reciation|||||2,403|2,408|
||||ITExpenses|||||6,030|6,462|
||||||||Total|206,238|185,352|
|Fundraislng||trading||||||||
|costs||||||||||
||||||||Total|||
|Investment||||||||||
|management||costs||||||||
||||||||Total|||
|Charitable|activities||Communit|events||||35,431|19,133|
||||Creche|||||1,123|706|
||||Ministry|||||103,670|68,496|
||||Grants Awarded|||||231|23,303|
||||Education/Trainin|||||280|4,573|
||||||||Total|140,735|116,211|
|Governance||costs|Accountancy|||||1,320|1,320|
||||||||Total|1,320|1,320|
|pport c|osts.|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Fundraising|activity|Charitable|Activity|Governance|Activity|Total Cost|
|Support|cost|pe|6||6||||6|
|||Total||||||||
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|please enter 'None'in
th|e appropriate
box(esj.|||||
|---|---|---|---|---|---|
||||This year||Last year|
|Number oftrustees who|were paid expenses|||||
|Nature ofthe expenses||||||
|Total amount
paid||none||none||
|6.2 Fees for examination|or audit ofthe accounts|||||
|services pr
appropriate|ovided
by yo
box(es).|urindepe|ndent
examiner or au|ditor.
Ifnoth|ing
was paid please|enter NONEin|
|---|---|---|---|---|---|---|
||||||This year
6|Last year
f|
|independent|examiner's|or auditors' fees for reporting||on the|||
|accounts|||||||
|Other fees|(for example:|advice,|consultancy,
accountancy||||
|services) paid to the independent|||examiner or auditor||1320|1320|
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|le
activ
grants|ities|under|taken.|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Grants to||Grants to||
|||||||mstnut/ons||individuals||
|Purpose|for|which|grants|made||Total amount|E|Total amount|8|
||||||Total|||||
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|Names|of|institutions|Purpose|Total amount of
grants paid 8|
|---|---|---|---|---|
||||Freehold|land|Other land|&|Plant,|Plant,|Plant,|Fixtures,|Payments|on|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||&buildings||buildings||machinery||and|fittings snd|accountand|||
||||||||motor|vehicles||equipment|assets under|||
||||||||||||construction|||
|Balance brought|||||64,593|||34,132||49,263|||147,968|
|forward||||||||||||||
|Additions||||||||||2,388|||2,368|
|Revaluations||||||||||||||
|Dieposals||||||||||||||
|*||||||||||||||
|Transfers||||||||||||||
|Balance carried|||||||34,132|||51,652|||150,377|
|forward||||||||||||||
|9.2 Accumulated||depreciation||and impairment||provisions||||||||
|||Basis|SLor|RB|SLor RB||RB|||RB|SLor RB|||
|||Rate|||0%||25%|||25%||||
|Balance brought|||||||33,791|||42,360|||76,171|
|forward||||||||||||||
|Depreciation|charge||||||||85|2,318|||2,403|
|for year||||||||||||||
|Impairment|provisions|||||||||||||
|Revaluations||||||||||||||
|Disposals||||||||||||||
|Transfers*||||||||||||||
|Balance earned|||||||33,876||||||78,574|
|forward||||||||||||||
|9.3 Net book value||||||||||||||
|Brought forward|||||64,593||||341|6,883|||71,817|
|Carried forward|||||64,593|||256||6,954|||71,802|
|9.4 Revaluation||||||||||||||
|Ifany fixed|assets have been revalued please give||||||details ofthe|||valuer and method ofvaluation||||
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|10.3 A breakdown
ofthe income|10.3 A breakdown
ofthe income|fr|om|investments|agreeing
with SOFA ro|w S03.|||
|---|---|---|---|---|---|---|---|---|
|Analysis of investments||||||10.2|10.3||
|||||||Market value at|Income from||
|||||||year end|investments|for|
||||||||the year||
|Investment|properties||||||||
|Investments|listed on a recognised|stock||exchange or held in common|||||
|investment|funds, open ended investment|||companies,|unit trusts or other||||
|collective investment
schemes|||||||||
|Investments|in subsidiary
or connected||undertakings||and companies||||
|Securities|not listed on a recognised|Stock Exchange|||||||
|Cash held|as part ofthe investment|portfolio|||||||
|Other investments|||||||||
||||||Total||||
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|Note 11|Debtors and prepayments|Debtors and prepayments||||||||
|---|---|---|---|---|---|---|---|---|---|
|Please complete this noteif||the charity has anydehtors|or|re a ments.||||||
|Analysis ofdebtors|||Amounts
within||falling due
one year||Amounts
more|falling due after
than one year||
||||This year||Last year||This year
f||Last year
E|
|Trade debtors||||||||||
|Amounts
due|from subsidiary|and associated||||||||
|undertakings||||||||||
|Other debtors||||560||||||
|Prepayments|and accrued income|||137,000||137,000||||
|||Totai||137,560|137,000.0|||||
##
||||||Amounts|falling due|falling due|Amounts|falling|falling|due after|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||within|one|year|more|than|one year||
||||||This year|Last year||This year||Last year||
||||||||E|E|||E|
|Loans and overdrafts||||||||||||
|Trade creditors||||||||||||
|Amounts|due to subsidiary||and associated|||||||||
|undertakings||||||||||||
|Other creditors|||||2,360||6,910|||||
|Accruals|and deferred|income|||1,320||1,320|||||
|||||Total|3,680||8,23|||||
##
|||||Fund|||||Fund|
|---|---|---|---|---|---|---|---|---|---|
|||||balances|||||balances|
|||||brought|Incoming|Outgoing||Gains and|carried|
|||||forward|resources|resources|Transfers|losses|forward|
|Fund|names|||f|f|f.|f|f|f|
|||Total|Funds|||||||
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|r relat|ed|parties|by|the charity|orany in|stitution
orcompany connecte|d with it.|
|---|---|---|---|---|---|---|---|
|Name|of|trustee|or|connected|party|Legal authority
(eg order,
governing
document)|This year
Last year
Amounts
paid or benefit value|
||||||||E|
##
|||Name oftrustee or
connected
party|Name oftrustee or
connected
party||Legal authority|Amount
This year
E|Amount
This year
E|owmg
Last year
f|owmg
Last year
f|
|---|---|---|---|---|---|---|---|---|---|
|Due to trustees
and||||||||||
|related parties||||||||||
|Due from trustees||||||||||
|and related parties||||||||||
|14.3Other transaction(s)||with trustees|or related||parties|||||
|Please give details of|any transaction||undertaken||by (oron behalf ot) the|charity|in which a trustee||or|
|related party has a material interest.||||||||||
|Name ofthe trustee
or related party||Relationship
charity|to||Description ofthe
transaction(s)|This year
E||Last year
f||
|Anthony
Ashaye|MiniSter in Charge|||Rent|paid io Aehaye Properties*||20400||20400|
|*Rent has been paid|to|Ashaye Properties,||the legal owner and The King's Family Centre is||||the beneficial||
|||owner of|the property||by way ofthe deposits|made.||||