Creating moments that Matter.
Charity Number: 1096182
Pages Trustees' annual report……………………………………………………..1 to 17 Reference and Administrative Details………….………………………....18 Report of the Trustees……………………………………..……………….19 Independent Examiner‟s Report.…………….…………………………...20 Statement of Financial Activities.…………………………….…………...21 Balance Sheet……………………………………………………………….22 Notes to the Financial Statements………………………………………...23 to 28
The trustees present their report and the unaudited financial statements of the charity for the year ended 2021/2022
Reference and administrative details
Registered charity name Kids N' Action Charity registration number 1096182 Principal office c/o BCL School Woodberry Down London N4 2SH
The trustees:
Mrs Gitti Esther Spitzer Mrs Y Domb
Mr Noson Benjamin Bindiger
Company secretary N B Bindiger Independent examiner Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS
Structure, governance and management
Governing document
The charity was constituted by Declaration of Trust dated 20th January 2003.
Risk Management
The trustees confirm that there are no major risks to which the charity is exposed.
Organization Structure, recruitment and induction
Power to appoint new trustees is vested in the current board.
New trustees are appointed based on personal competence, specialist skills and experience. They are inducted into the working of the charity by the current board and are encouraged to read The Charity Commission's various publications.
Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit in planning our future activities, and setting our grant making policy for the year, when reviewing our aims and objective.
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We are delighted to present our annual report and accounts for the year ending 30th June 2022, which has been a year of expansion, both in income received and in our programs
This year (2021– 2022) has shown a slight decrease in our income in spite of the ongoing difficult financial climate. As a result, the Trustees had to make the difficult decision to decrease both in the numbers to target more disadvantaged users, however the quality and quantity of our projects were on the same high standard.
Our 5 week school holiday programme provided activities to 911 young people aged 3-14 years, and we were able to give them more new and creative experiences than ever before
In total, we provided services to more than 1161 disadvantage young people over the year, and this included a significant development in our training program, with more planned for the years ahead.
The Trustees understand the current difficult financial climate, and feel a great responsibility to provide value for money to our loyal funders as well as to our disadvantaged users. We are delighted to be able report that we have been able to provide services in line with covid guidelines thus enabling disadvantaged children to benefit from our amazing services even in these turbulent times.
A Maths SATS Club for 15 high achievers, an often neglected and frustrated group of young people to enable them to achieve level 6 in Math SATS, and to increase their enjoyment of the subject.
A consortium, facilitated by the Interlink Foundation of which we are part, successfully bid for Young Hackney funds, and enabled Kids N Action to provide Accredited training in the following:
A course of AQA Accredited training in Youth leadership skills for 45 young volunteer youth workers, opening new employment opportunities and a great future for them.
An out of school Music club for 65, 14-16 year olds, leading to ABRSM qualifications (graded exams of the Royal Schools of Music) at levels 1-7. This is climaxed in a music concert at which the young people were able to display their knowledge and skills to friends and family.
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Our young people‟s forum at which the young people decide on and prepare the themes and content of the after school and holiday programs, and are a fruitful source of on-going input, criticism and feedback throughout the year.
We also provide Ofsted registered childcare to disadvantaged children aged 3 months – 3 years: and our other after– school and holiday activities span an age range of 3-16 years.
We continue to focus more strongly on children and young adults with physical, emotional & learning disabilities, and have improved our skills and expertise in these fields Our lift continues to provide improved accessibility for disabled users enabling them to take part in all projects, regardless in which part of the building they are taking place. Outings are planned with their specialised needs in mind, so that activities are integrated, with both groups, disabled and abled, mutually benefiting from this amenity. We have continued to recruit physically learning disabled young adults as volunteer youth leaders, enabling them to acquire the skills, knowledge and confidence which will encourage them to develop a career in this field. This new project has also empowered them to integrate better with their peers and into society as a whole. Our library club continues to encourage reading and improved literacy skills to users. We provided IT courses to 149, 12-16 year olds to enable them to improve their computer skills to a level relevant to the world of today. We provide appropriate levels of support for children and young people with social and emotional issues including those with learning and physical disabilities, to enable them to integrate in all our after-school and holiday mainstream programs. We were successful in accessing funds from London Youth for our homework club, mental health support & prevent holiday hunger program. We look back on the year with quiet satisfaction. We thank our generous funders, who continue to enable Kids N Action to thrive, and we look forward to a promising and sustainable future, with a maintained level of reserves, but always with the great and increasing need for our service at the front of our minds.
Mrs Spitzer, Chair
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Kids N‟ Action have seen the need for its services to continue to expand.
The difficult economic times we are experiencing have produced more problems; more families in serious financial difficulties, more parents and children with greater emotional problems, more overcrowded housing, more need for services for physically, emotionally and learning disabled and otherwise isolated young people.
Kids N‟ Action‟s response to this greater and urgent need continues to be to consolidate, and secure our future. We have expanded our range of activities, we have provided more places and to a wider age range. We have recruited a number of young people to plan and implement activities to improve the age appropriateness of our programme, and to enhance their social impact. Our successful fundraising programme has enabled us to provide more age – focused and exciting activities throughout the year.
We cannot cease to thank our funders for their support in the work we do, and for their on-going generous, financial input, being our partners in the vital work of improving the lives of disadvantaged and socially excluded young people, giving them joy and inspiration together with the real hope of a sunny future.
All the different facets of our work lead to a number of positive outcomes:
1) Young people with increased social skills, self-confidence and joie de vivre, contributing to a more positive and productive future.
2) Improved physical wellbeing, and the skills and knowledge they will need to enable them to lead more healthy lives. As a result of funding from Sport England via a consortium bid, 248 young people have enthusiastically embarked on a program of after school netball sessions, significantly improving their skills and fitness.
3) A wider range of interests and experiences, supporting the young people towards a future with enhanced employment and leisure time prospects. To quote a user “Thanks to Kids N‟ Action, now that I know so much more about so many new things, after school and weekends are full of interesting activities for me to do. It has changed my life.”
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4) A range of improved skills and knowledge, supported by accredited qualifications, including AQA in leadership skills and ABRSM in music, setting the young people firmly on the road towards future study, qualifications and high quality employment potential.
5) The successful integration of physically handicapped and learning disabled young people into our programs, both as users, and equally importantly, as young volunteers. This is an on-going process, and we have seen the number of disabled young people in both categories increasing year on year. From an 18 year old disabled volunteer: "I have a new existence! Till now life was boring and lonely, I had nothing to do and no one to do it with. Now that I volunteer for Kids N Action, booking trips, processing application forms and answering the phone, my life has taken on a new meaning. I have made lots of friends, learnt new skills and feel so useful! I look forward to each day and know that I am making a positive contribution. My life has been transformed; mere words can‟t describe how grateful I am to Kids N Action for the opportunities it has given me.
6) As a result of our success in a consortium bid led by The Interlink Foundation as part of the Hackney Youth Tender, 45 young people became accredited in AQA leadership skills, and another 35 have achieved an ABRSM music qualification at different levels, with 21 more young people still in the process.
We see 2021 – 2022 as a year of ongoing consolidation for all our projects. We are by no means sitting back; we are continuing to develop new activities, increasing the places we can offer to many more disadvantaged users as we have described above.
We are planning to join more consortia to enable us to provide more and better services to more disadvantaged users.
We will continue to support physically, emotionally and learning disabled young adults to enter the world of work via the volunteering pathway.
All this will only be made possible by our generous and loyal funders. We thank you on behalf of our users for choosing to be our partners in Kids N‟ Action and its work, and by improving the present and future lives of our disadvantaged users.
Mrs Rapaport Projects Co-ordinator
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The trustees have a duty to identify and review the risk to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees have put in place systems to identify risks and review the systems regularly.
The trustees aim to hold free realisable reserves of at least 3 months, but no more than 12 months running costs, in order to protect services when there are uncertainties as to whether finding will continue. As at 30th June 2022, the organisation‟s unrestricted reserves were equal to about 3 months running costs. The trustees aim to continue to consolidate and preferably improve the organisations financial position.
The aims of Kids N‟ Action are to promote and advance the education of children and young people, to provide facilities and programs for children and young people for their recreation and other leisure-time occupation so as to develop their skills, to enhance their employment prospects and to assist them in growing to full maturity as individuals and as members of society, so that their conditions of life may improve.
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Kids N‟ Action had a good year, despite external challenges. We were able to consolidate and increase our income, and concurrently increase the scope of activities and the number of disadvantaged children and young people included in our programs.
We continue to target children on low income, recent immigrants, and children with special educational needs and/or children and young people with moderate to severe physical, social or emotional disabilities. We do this by providing many activities after-school hours and via our 3 major holiday programmes.
1314 participants enjoyed our holiday day-camps tremendously, with a wide variety of activities. They learnt lots of new skills including; social skills, confidence at school and at home amongst many other benefits. Some examples of workshops carried out were Bendaroos modelling, snow globe designing, music sessions, Shrinkles making, creative arts n‟ crafts sessions, healthy eating and nutrition , keep fit and exercise, umbrella and wristlet decorating, drama, dancing & singing. There were also lots of exciting educational and recreational off-site trips, to places which they would otherwise not have the opportunity to visit and to give them useful skills and experiences.
All this led to them having better life chances and will give them richer and more fulfilled lives. Through our annual performance and various courses, the young people were also able to develop latent creative and artistic talent and take pride in their self- image and maximised their potential, increasing independence and personal fulfilment.
The Big Give made a considerable contribution to our funds, and as a result, we were able to provide a better Summer and Winter program. Thank you very much.
Previous initiatives begun as a result of user consultation & feedback included a Math SATS Club, instrument playing leading to accredited qualifications and Leadership Skills accredited AQA training, which we were able to consolidate and develop further.
Priority is given to children with Special Educational Needs, developmentally challenged children, disabled children and their siblings, new immigrants and those who do not speak English as their first language, “hard to reach”, dysfunctional families and those who are receiving family support and counselling, children from large families living in over- crowded housing and children who are referred to us by their school or support organisations.
The London Youth Quality Mark is the UK quality standard for all organisations involving volunteers. Kids N‟ Action prides itself for achieving the bronze, silver and gold quality mark. This is to show recognition for the excellent work we do with our users and young volunteers and proves the professionalism of our services.
Kids N' Action was assessed against a range of best practice standards and proved to excel in all aspects of working with its volunteers.
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We have remained financially secure with our reserves seeing small increase.
We have developed our volunteer program, recruiting more young volunteers and providing them with more training and wider work experience. The volunteers are a vital resource for Kids N Action and we value their involvement tremendously, because this enables many more deprived and disadvantage young people to access our services and activities at minimal cost.
We continued to recruit a number of physically and emotionally disabled volunteers; this venture has proved a great success, and we are planning a further expansion to this project. We have strengthened our links with our Stakeholders, including partner organisations, who provide out of hours activities to different sections of the community. We share facilities, ideas and materials, in order to reduce costs and get a better deal from providers.
We look forward to the coming year with cautious optimism, considering the current financial climate, and we feel privileged to be able to improve the lives of children who are dis- advantaged through no fault of their own and give them better chances in life. Our ongoing and expanding user consultation has enabled us to stay in touch with the changing and evolving needs of our users.
We are delighted to see that our members continue to increase, evidencing both the ever - growing need, and our success in meeting this need.
Kids N Action has a board of 4 trustees who are responsible for managing the charity. They have a broad range of backgrounds including social care, voluntary sector, business, property and accountancy.
The management board is responsible for the recruitment of the staff management team and in ensuring that the service complies with all Ofsted standards and in accordance with the latest legislation. The Management board have an appropriate mix of gender, skills and expertise with considerable experience in running this type of service. The subcommittee team is comprised of members who are parents themselves with children who use the service, and who have a long track record of working in the field of deprived and socially isolated families from within the community in Hackney and Haringey.
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Mr Bindinger is a great community activist. He is extensively involved in helping out families suffering from severe poverty including supporting them financially and emotionally via counselling and is called upon regularly to address communal events and meetings, he is deeply involved in many facets of communal activities.
Mr Bindinger is trustee of a number of local charities providing educational activities as well as a director of a property management business. This brings him the skills and good understanding of those who are socially and economically isolated in the community and their financial needs.
However, demand outstrips supply, and we still have a substantial waiting list, which we aim to reduce by expanding the number of places available at our projects, conditional on the resources we will be able to access.
We thank our partners in this work, our generous benefactors both within and without the community we serve.
Mrs Domb wears many hats. She is a trustee and director of charities for children and young people as well as for disabled young adults. She is a registered child minder and foster carer and has lots of experience and knowledge in working with children from dysfunctional families and disabled young adults. She has been a Matron in a local nursery for over 23 years and has many professional qualifications. She is currently working towards a managerial degree. She has NVQ Manager level 4, First Aid at work, Health and Safety, Advanced Child Protection, Risk Management etc. Mrs Domb holds a number of responsibilities in Kids N Action including being the designated Child Protection Officer who ensures all referrals on any child protection issues are dealt with appropriately and she also liaises with outside agencies including Social Services, Ofsted and the Police. She has a passion for helping vulnerable, disabled and disadvantaged children and young people, as well as supporting young people at risk, and dysfunctional and distressed families. She has a wealth of knowledge and many years‟ experience in the private and voluntary sector.
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Mrs Spitzer is a member of our school who has provided education for over 22 years. The school currently has near to 700 local children aged 3 - 16 years from Hackney and Haringey and is constantly expanding. Mrs Spitzer has an excellent reputation for being a communal volunteer activist and continues to take responsibility in helping the community and the organisation in every way possible.
Mr Orzel and his wife are the founders of Hot Line Meals Services which currently provides fresh hot notorious meals daily to 150 deprived, ill and elderly people. The service started in 1997 and is run entirely by over 175 volunteers who cook and deliver the meals daily to the individual homes. Mr Orzel is a commercial real estate investor and manager which bring with him the expertise of building developments, financial and legal knowledge in running a business and in all aspects of community and charitable work.
Mr Stern has been working on behalf of deprived and poverty stricken families in many different areas for many years. Helping them make ends meet and getting them back onto their feet. He is a director of a property company and brings with him the skills of keeping good financial records and accountancy. He has been involved the last few years in assisting with the financial records and accountancy.
Mr Cohen is a community support activists who gives endlessly of his time, to attend all meetings in order to help out with the running of the organisation. He is currently involved in several other community organisations including being on the management board of a local Seminary which gives him the awareness and understanding of the issues which young people face today when they are up to the career stage in life.
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Mr Schechter was the founder of Kids N Action in 2003 and has seen it expand from 50 children to over 2400 children. He has been working as a Director in a local Ofsted registered school for over 17 years and has many years‟ experience in working with socially and economically deprived and disadvantaged families from the local community. He has a clear understanding of financial management and keeps up-to-date with the legal responsibilities of running the charity as a professional organisation for children and young people. He is responsible for ensuring that all staff are trained and updated with health and safety requirements and safeguarding children and young people legislation. He ensures that Kids N Action runs in accordance with the Ofsted Standards.
The trustees' annual report was approved on 4 May 2023 and signed on behalf of the board of trustees by:
Mrs Gitti Esther Spitzer N B Bindiger Trustee Charity Secretary
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Sixty five 14-16 year olds are learning to read and play music, leading to an ABRSM (Associated Board of the Royal School of Music) qualification at different levels. Their latent musical talent and creativity are being nurtured, giving them the potential to develop their music careers. Thank you again to the Hackney Youth Tender for being our partner in this exciting innovative project.
Thank you to the Hackney Youth Opportunity Fund for their support in enabling us to recruit 12 new users to study music till level 1-3 in ABRSM, and also providing the resources for another 12 young people to further advance their music studies to level 4-8.
A recent new activity has been a music concert at which 65 of our students displayed their newly won music accomplishment, providing an evening of singing and instrument playing for an appreciative audience of 500 parents/carers and friends. It was a resounding success, and we plan to repeat it annually.
Our library club offers an all immersive experience. The library is open from 3:30 pm daily and provides a safe and sound environment for children and young people to spend positive time in.
The initiative encourages reading and learning by providing access to a wide range of reading material. Children of all ages are faced by an extensive choice of publications across all genre types. Some come to have a relaxing read; others to do research for their latest school assignment.
It is a wonderful learning resource. The vast collection and choice expands the children‟s horizons and also develops their creativity and imagination. Come along and have a read!
This project impacts 1029 beneficiaries.
We run highly successful holiday play schemes in the major school holidays. Starting in 2003 with 60 children, we now have the capacity for over 440 disadvantaged children; Some with Special Educational Needs and disabled, some severely disabled, and many with behaviour, learning and social difficulties, and as well as those excluded from mainstream activities because of financial need.
. Our target group is low income families, living in overcrowded conditions, who have no access to safe outdoor play areas. We integrate the disabled and SEN children with mainstream children, and provide a funfilled full-day programme of activities and outings that are both educational and recreational.
All our projects are run with a team of qualified, DBS checked teachers, and youth workers, and around 150 young volunteers, who are themselves from disadvantaged backgrounds. They benefit from the project and gain work experience.
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Enhanced hand- eye coordination, building muscle strength, improving the body‟s flexibility and burning calories are just a few of the many advantages that our weekly netball sessions provide for our users.
We have successfully received funding from the Consortium bid for our Netball classes and we continue to receive lots of positive feedback from our users.
The young people eagerly anticipate this exciting yet informative fun and sports outlet and it gives us much pleasure to enable the young people to keep fit in an enjoyable friendly user way.
After school netball sessions take place daily, funded by the Sports England Activities Fund consortium, led by interlink.
This is a three year programme, so funding is secure for the moment. The netball is very popular, with the girls not missing a session.
Through our successful after-school maths enrichment club, which we provide biweekly to target students in year 6, Kids N' Action aims to: * Develop and teach mathematical skills leading to a level 6 in SATS. * Increase students' enjoyment in learning and using mathematics. * Raise students' appreciation of the diversity of mathematics.
Mathematics is an important part of everyone's life. All individuals require basic mathematical knowledge and skills in their daily lives. For those with a natural mathematical ability, stimulation and challenge will drive them to pursue higher levels of mathematical knowledge and skills that they will need in their future endeavours.
Kids N' Action Math Club believes that everyone can enjoy and appreciate mathematics.
Mrs Mandel, our maths teacher, enhances mathematics after-school hours and motivates the students to pursue their mathematics education to the highest limits of their natural abilities.
We provide a course of basic computer classes for young disadvantaged people between the ages of 14-16 years allowing them to attain vital IT knowledge that they are sorely lacking. We teach them basics such as word and excel thereby leading to an AQA accreditation.
These IT courses are designed to bring out the best in these young people and teach them IT skills which will be of great advantage for them in the future, leading to increased opportunities therefore breaking the cycle of unemployment.
Our main goal is breaking down the children‟s psychological barriers to using computer equipment and allow them to use computers safely with care. We offer them the realisation of the importance of computer skills in life by teaching them the basic skills so that this can higher their chances of employment for the future.
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Library Books
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Different Crafts
Kids using sensory room
Users for the SATS club
New Computers
Physical Disabled Users
Happy Users
Netball players
Young people producing the concert
Educational & recreational trips
Users got AQA accredited
Meetings & focus groups with users
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This past Year was a more challenging situation than any of us had ever seen before. The easiest option would have been to cancel our programs, but how could we let down our users? We saw the desperate need, we did our best, and would you believe it? We managed to give 1504 vulnerable children and young people from BAME communities the time of their lives, in spite of everything. These children had a wonderful time at our local holiday play scheme.
We organised them into bubbles, checked their temperature daily, and prepared allencompassing risk assessments, as well as lots of hand sanitizers and a special Covid health and safety policy, as well as training for our staff and volunteers, of whom we had lots more than usual to meet the often complex and differing needs of the young people attending. We had everything in place to keep these children safe.
The children were busy with lots of activities including trampolining, recreational trips, on-site physical activities and sports, walking and orienteering socials, enriching programs, educational games and arts „n crafts etc.… It was all a shining ray of light for them after the months of lockdown, illness and bereavement they had been through.
But all the above meant that we have experienced a devastating loss of funds at a time when we‟ve also had a lot of extra expenses due to the rise of costs, as entrance fees, food, petrol, energy bills, arts and craft all went up drastically in price and we had to provide more staff and coaches to provide smaller groups of activities in line with our covid-19 policy.
Like other UK charities, Kids N Action had to dig deep to overcome the impact of the coronavirus pandemic, eating into its reserves to support growing demand for services. Its income was particularly badly hit in the early days of the first lockdown.
We don‟t have a set fundraising target for this year‟s appeal but we are committed to doing everything we can to help vulnerable children and young people get through the current poverty crisis and we look forward to getting support from funders to cover the costs of the programs and to ensure there are three months free reserves in the account.
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Kids N’ Action’s numbers have INCREASED from 60 users in the first year to 2500 in the past year 40 including learning disabled children attesting to the quality 25 of our programs. We offer fun filled days of day camp which ofEXCITING fer stimulating and accred- programs for our users. 90 ited CERTIFICATES are handed out for leadership skills and music. 244 CARING and LOVING volunteers, leading to 99% positive parents and participation.
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REGISTERED CHARITY NUMBER: 1096182
KIDS N'ACTION
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS
KIDS N'ACTION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | ||
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
KIDS N'ACTION
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 JUNE 2022
TRUSTEES
TRUSTEES Rabbi N B Bindinger Y Domb G E Spitzer PRINCIPAL ADDRESS BCL SCHOOL Woodberry Down London N4 2SH REGISTERED CHARITY 1096182 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS HSBC Bank plc 312 Seven Sisters Road Finsbury Park London N4 2AW
Page 1
KIDS N'ACTION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2022
The trustees present their report with the financial statements of the charity for the year ended 30 June 2022.
REFERENCE AND ADMINISTRATIVE INFORMATION
The information is shown on page 1 of the financial statements and forms part of this report.
OBJECTIVES AND ACTIVITIES
Objectives and aims
See attached Trustees' Report.
ACHIEVEMENT AND PERFORMANCE
See attached Trustees' Report.
FINANCIAL REVIEW
Financial position
See attached Trustees' Report.
Reserves policy
The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end stood at £18,435 (2021 - £2,665).
STRUCTURE, GOVERNANCE AND MANAGEMENT
See attached Trustees' Report.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 11 May 2023 and signed on its behalf by:
Rabbi N B Bindinger - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KIDS N'ACTION
Independent examiner's report to the trustees of Kids N'Action
I report to the charity trustees on my examination of the accounts of Kids N'Action (the Trust) for the year ended 30 June 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
E Meyer FCA BSc
Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS
11 May 2023
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KIDS N'ACTION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 154,819 Charitable activities Holiday Programme 40,873 Other trading activities 3 - Total 195,692 EXPENDITURE ON Charitable activities 4 After school club 128,870 Holiday Programme 50,531 Governance 2,610 Total 182,011 NET INCOME/(EXPENDITURE) 13,681 RECONCILIATION OF FUNDS Total funds brought forward (2,284) TOTAL FUNDS CARRIED FORWARD 11,397 |
Restricted funds £ 11,185 - - 11,185 9,096 - - 9,096 2,089 4,949 7,038 |
2022 Total funds £ 166,004 40,873 - 206,877 137,966 50,531 2,610 191,107 15,770 2,665 18,435 |
2021 Total funds £ 126,024 19,650 11,196 156,870 156,677 17,500 3,000 177,177 (20,307) 22,972 2,665 |
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The notes form part of these financial statements
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KIDS N'ACTION
BALANCE SHEET 30 JUNE 2022
| Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 11 NET ASSETS FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
2022 £ 14,844 31,589 19,837 51,426 (18,142) 33,284 48,128 (29,693) 18,435 11,397 7,038 18,435 |
2021 £ 17,464 31,610 17,114 48,724 (22,001) 26,723 44,187 (41,522) 2,665 (2,284) 4,949 2,665 |
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The financial statements were approved by the Board of Trustees and authorised for issue on 11 May 2023 and were signed on its behalf by:
Rabbi N B Bindinger - Trustee
The notes form part of these financial statements
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KIDS N'ACTION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Support costs are those incurred to assist the work of the charity but are not direct charitable activities.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
- 15% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Going concern
There are no material uncertainties about the charity's ability to continue.
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KIDS N'ACTION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
| 2. DONATIONS AND LEGACIES Donations Gramme Foundation Grants received Grants received, included in the above, are as follows: Other grants 3. OTHER TRADING ACTIVITIES Rental income 4. CHARITABLE ACTIVITIES COSTS After school club Holiday Programme Governance 5. SUPPORT COSTS Management Finance £ £ After school club 10,981 909 Governance - - 10,981 909 |
2022 £ 12,317 - 153,687 166,004 2022 £ 153,687 2022 £ - Support Direct costs (see Costs note 5) £ £ 124,954 13,012 50,531 - - 2,610 175,485 15,622 Governance Other costs £ £ 1,122 - - 2,610 1,122 2,610 |
2021 £ 27,679 1,500 96,845 |
2021 £ 27,679 1,500 96,845 |
|---|---|---|---|
| 126,024 | |||
| 2021 £ 96,845 |
|||
| 2021 £ 11,196 Totals £ 137,966 50,531 2,610 |
2021 £ 11,196 |
||
| 191,107 | |||
| Totals £ 13,012 2,610 |
|||
| 15,622 |
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KIDS N'ACTION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
5. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
Governance costs
| Governance costs | ||
|---|---|---|
| 2022 | 2021 | |
| Total | ||
| Governance | activities | |
| £ | £ | |
| Independent examiner's fee | 750 | 750 |
| Independent examiner's other fees | 2,160 | 2,250 |
| Fees waived | (300) | - |
| 2,610 | 3,000 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Administrative staff Sessional staff |
2022 9 2 11 |
2021 14 - |
|---|---|---|
| 14 |
No employees received emoluments in excess of £60,000.
8. TANGIBLE FIXED ASSETS
| COST At 1 July 2021 and 30 June 2022 DEPRECIATION At 1 July 2021 Charge for year At 30 June 2022 NET BOOK VALUE At 30 June 2022 At 30 June 2021 |
Fixtures and fittings £ 52,467 35,003 2,620 37,623 14,844 17,464 |
|---|---|
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KIDS N'ACTION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 12) Trade creditors Taxation and social security Other creditors 11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 12) Taxation and social security 12. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank loans Amounts falling due between two and five years: Bank loans - 2-5 years 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted funds funds £ £ Fixed assets 14,844 - Current assets 44,388 7,038 Current liabilities (18,142) - Long term liabilities (29,693) - 11,397 7,038 |
2022 £ 3,914 27,675 31,589 2022 £ 10,000 3,894 1,179 3,069 18,142 2022 £ 29,693 - 29,693 2022 £ 10,000 29,693 2022 Total funds £ 14,844 51,426 (18,142) (29,693) 18,435 |
2021 £ 850 30,760 31,610 2021 £ 9,577 4,069 - 8,355 22,001 2021 £ 39,640 1,882 41,522 2021 £ 9,577 39,640 2021 Total funds £ 17,464 48,724 (22,001) (41,522) 2,665 |
|---|---|---|
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KIDS N'ACTION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
14. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Young Hackney Fund Restricted Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted Fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Young Hackney Fund TOTAL FUNDS |
At 1.7.21 £ (2,284) 4,949 - 4,949 2,665 Incoming resources £ 195,692 11,185 206,877 At 1.7.20 £ 18,023 4,949 22,972 |
Net movement At in funds 30.6.22 £ £ 13,681 11,397 - 4,949 2,089 2,089 2,089 7,038 15,770 18,435 Resources Movement expended in funds £ £ (182,011) 13,681 (9,096) 2,089 (191,107) 15,770 Net movement At in funds 30.6.21 £ £ (20,307) (2,284) - 4,949 (20,307) 2,665 |
|---|---|---|
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KIDS N'ACTION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2022
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Young Hackney Fund TOTAL FUNDS |
Incoming resources £ 139,370 17,500 156,870 |
Resources Movement expended in funds £ £ (159,677) (20,307) (17,500) - (177,177) (20,307) |
|---|---|---|
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2022.
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