Kids Care London
Report and Financial Statements
For The Year Ended 30 November 2020
Charity Number 1096406
Kids Care London
| Contents | |
|---|---|
| Page | |
| Legal and Administrative Information | 1 |
| Report of The Trustees | 2 to 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes forming part of the financial statements | 7 to 10 |
| Accountants Report | 11 |
Kids Care London
Trustees
Mrs. H Friedman Mr. Mark Groskopf Mr. Solomon Schlesinger
Registered Address 45 Craven Park Road South Tottenham London N15 6AH
Charity Number 1096406
Accountants C Rose & Co
Page 1
Kids Care London Report of the Trustees
Reserves Policy
The trustees retain reserves as necessary to maintain the operational capability of the Charity. Responsibilities of the Trustees
Charity Law 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 as at the Balance Sheet Date, and of its incoming resources, including income and expenditure for the financial year.
In preparing those financial statements, the Trustees should follow best practice and
a. Select suitable accounting policies and the apply them consistently.
b. Make judgements and estimates that are reasonable and prudent.
c. Follow applicable accounting standards and the Charities SORP October 2005,updated May 2008 disclosing and explaining any departures in the financial statements.
d. Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The Trustees are responsible for maintaining proper accounting records which
disclose with reasonable accuracy at any time the financial position of the charity and to enable them as Trustees to ensure that the financial statements comply with the Charity Law.
The Trustees are also responsible for safeguarding the charity's assets and hence for taking reasonable steps for the prevention and detection of fraud and other regularities.
Board Of Trustees
The members of the Board Of Trustees are set out on Page 1. Approved by The Trustees of on 8 December 2021 and signed on behalf of them all.
Chairperson and Trustee Mrs. H Friedman Date:
Treasurer Mr. Mark Groskopf Date:
Page 4
Kids Care London
Statement of Financial Activities
For The Year Ended 30 November 2020
| Notes | Unrestricted | Restricted | 2020 | 2019 | |
|---|---|---|---|---|---|
| Funds | Funds | Total Funds | Total Funds | ||
| £ | £ | £ | £ | ||
| INCOMING RESOURCES | |||||
| Activities to further the Charity's Objects | 2 | 311,116 | 70,450 | 381,566 | 347,445 |
| Total Incoming Resources | 311,116 | 70,450 | 381,566 | 347,445 | |
| RESOURCES EXPENDED | |||||
| Cost of Generating Funds | 14,588 | 0 | 14,588 | 12,566 | |
| Net Incoming Resources Available | |||||
| For Charitable Application | 296,528 | 70,450 | 366,978 | 334,879 | |
| Cost of Activities In Furtherance | 3 | ||||
| of the Charity's Objects | 264,733 | 80,667 | 345,400 | 328,997 | |
| Governance Costs | 5 | 17,225 | 0 | 17,225 | 11,810 |
| Total Charitable Expenditure | 281,958 | 80,667 | 362,625 | 340,807 | |
| Total Resources Expended | 3 | 296,546 | 80,667 | 377,213 | 353,373 |
| Net Movement In Funds | 14,570 | (10,217) | 4,353 | (5,928) | |
| Transfer To / (From) Reserves | 0 | 0 | 0 | 0 | |
| Net Reserves for the Year | 14,570 | (10,217) | 4,353 | (5,928) | |
| Total Funds Brought Forward |
43,728 | 15,123 | 58,851 | 64,779 | |
| Total Funds Carried Forward |
10 | £ 58,298 | £ 4,906 | £ 63,204 | £ 58,851 |
Page 5
Kids Care London
Balance Sheet at 30 November 2020
| Notes Current Assets Debtors 7 Cash at Bank and in Hand Creditors :Amounts falling due within one year 8 Net Current Assets Total Assets less Current Liabilities Net Liabilities 9 Restricted Funds 10 Unrestricted Funds 11 Total Funds |
2020 £ 126,000 70,735 196,735 (133,531) 63,204 63,204 £ 63,204 4,906 58,298 £ 63,204 |
2020 £ 126,000 70,735 196,735 (133,531) 63,204 63,204 £ 63,204 4,906 58,298 £ 63,204 |
2019 £ 32,400 34,019 66,419 (7,568) 58,851 58,851 £ 58,851 |
2019 £ 32,400 34,019 66,419 (7,568) 58,851 58,851 £ 58,851 |
|---|---|---|---|---|
| 66,419 (7,568) |
||||
| £ | 58,851 | |||
| 58,851 | ||||
| 58,851 | ||||
| £ | £ | 15,123 43,728 |
||
| 58,851 |
Approved by the Trustees on 8 December 2021, and signed on behalf of them all.
Chairperson and Trustee Mrs. H Friedman Date:
Treasurer Mr. Mark Groskopf Date:
The notes on pages 6 and 7 form part of these accounts.
Page 6
Kids Care London
Notes To The Accounts - 30 November 2020
1) Principal Accounting Policies
Basis of Accounting
The Accounts have been prepared under the historical cost convention in accordance with the Charities Act (Accounts and Reports) 2011, and the Financial Reporting Standard for Smaller Entities 102, and follow the recommendations in Accounting and Reporting By Charities: Statement of Recommended Practice (effective from April 2015).
Cash Flow
The accounts do not include a cash flow statement because the charity as a small reporting entity is exempt from the requirement to prepare such a statement.
Donations and Fund Accounting
Donations received for the general and main purposes of the Charity is included as unrestricted funds in the Statement of Financial Activities when receivable.
Donations and Grants for activities restricted by the donors are taken to restricted funds if the wishes and conditions of the donor are legally binding on the Trustees.
Resources Expended
Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
The irrecoverable element of VAT is included with the item of expense to which it relates. 2) Incoming Funds
| Unrestricted Restricted Total Funds Funds 2020 £ £ £ Families with Disabilities Income 83,256 83,256 Camp Horizons Fees Received 86,437 86,437 General Donations 61,571 23,500 85,071 Government Funding 14,500 0 14,500 Total Incoming Resources 245,764 23,500 269,264 Government Funding Social Care Funds received 14,500 Total Government Funding £ 14,500 £ 0 £ 0 |
2019 £ 85,600 56,073 25,239 26,589 193,501 26,589 £ 26,589 |
2019 £ 85,600 56,073 25,239 26,589 193,501 26,589 £ 26,589 |
|---|---|---|
| 26,589 | ||
| 26,589 |
Page 7
| Kids Care London | Kids Care London | ||||
|---|---|---|---|---|---|
| Notes To | The Accounts - | 30 | November | 2020 | |
| 2) Continued | Unrestricted | Restricted | Total | ||
| Funds | Funds | 2020 | 2019 | ||
| Grants Received | £ | £ | £ | £ | |
| Bruce Wake Charitable Trust | 2,000 | ||||
| Childhood Trust | 20,000 | 20,000 | 15,000 | ||
| Day Trippers | 792 | ||||
| Dollond Charitable Trust | 5,000 | 5,000 | 10,000 | ||
| Invesco Care | 2,600 | ||||
| Jewish Children's Holidays | 7,800 | 7,800 | 8,900 | ||
| Percy Bilton Charitable Trust | 400 | 0 | |||
| Souter Charitable Trust | 3,000 | 3,000 | |||
| The Respite Association | 3,750 | 3,750 | 2,750 | ||
| Tottenham District Charity | 7,000 | ||||
| Awards for All | 10,000 | 10,000 | |||
| Children’s Aid Committee Charitable Fund | 0 | ||||
| John R Murray Charitable Fund | 2,000 | 0 | |||
| Oxford and St Georges | 4,500 | ||||
| Other Grants | 5,850 | 46,660 | |||
| Other Individual Donations | 40,002 | 40,742 | |||
| Total Income Generated | £ 50,852 | £ 46,950 | £ 97,802 | £ 153,944 |
Page 8
Kids Care London
Notes To The Accounts - 30 November 2020
| Unrestricted Restricted 3) Analysis of Total Resources Expended Funds Funds Charitable Activities Cost of Activities In Furtherance of the Charity's Objects Charitable Activities Camp Horizon Accommodation 54,536 20,000 Activities 22,561 Administration 10,595 Advertising 2,100 280 Food & Kitchen Costs 30,833 8,756 Insurance 1,500 Medical Supplies 1,890 Outing Trips 10,098 14,500 Project Coordinator 17,776 Travel 19,945 5,680 Wages Total Camp Horizon Costs 147,383 73,667 Accommodation for Families with Disabilities Accommodation 35,900 Social Activities 16,547 2,000 Food & Kitchen Costs 40,898 5,000 Travel 2,650 Total Mainstream Family Costs 95,995 7,000 Other Project Costs Year Round Camp Support Costs 18,455 Other Volunteer Training 2,900 Total Other Project Costs 21,355 0 Total 264,733 80,667 Total Cost of Activities In Furtherance of the Charity's Objects £ 264,733 £ 80,667 4) Cost of Generating Funds 5) Governance Costs Accountancy Bank Charges Rent of Office Stationery Charitable Activities |
Total 2020 £ 74,536 22,561 10,595 2,380 39,589 1,500 1,890 24,598 17,776 25,625 221,050 35,900 18,547 45,898 2,650 102,995 18,455 2,900 21,355 345,400 £ 345,400 £ 0 300 125 13,900 2,900 £ 17,225 |
Total 2019 £ 81,100 31,343 11,759 2,344 53,550 1,200 2,300 19,872 13,455 32,400 24,677 274,000 14,550 6,500 13,444 4,556 39,050 13,447 2,500 15,947 328,997 £ 328,997 |
Total 2019 £ 81,100 31,343 11,759 2,344 53,550 1,200 2,300 19,872 13,455 32,400 24,677 274,000 14,550 6,500 13,444 4,556 39,050 13,447 2,500 15,947 328,997 £ 328,997 |
Total 2019 £ 81,100 31,343 11,759 2,344 53,550 1,200 2,300 19,872 13,455 32,400 24,677 274,000 14,550 6,500 13,444 4,556 39,050 13,447 2,500 15,947 328,997 £ 328,997 |
|---|---|---|---|---|
| £ 0 300 155 8,900 2,455 £ 11,810 |
£ 0 300 155 8,900 2,455 |
6) Taxation
The Charity is exempt from taxation on its charitable activities.
Page 9
Kids Care London
| Notes | Notes | To The | Accounts - | 30 November 2020 | 30 November 2020 | 30 November 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7) Debtors | 2020 | 2019 | |||||||||||
| £ | £ | ||||||||||||
| Charitable Loan | 25,500 | 32,400 | |||||||||||
| Pledges Owed to the Charity | 100,500 | 0 | |||||||||||
| £ 126,000 | £ 32,400 | ||||||||||||
| The Donations pledged during | the year | have now all | been received. | ||||||||||
| 8) Creditors: Amounts | falling due within one year | ||||||||||||
| 2020 | 2019 | ||||||||||||
| £ | £ | ||||||||||||
| Bank Loans and Overdrafts | 0 | 0 | |||||||||||
| Debt due within one year | 0 | 0 | |||||||||||
| Trade Creditors | 31,569 | 5,618 | |||||||||||
| Other Creditors | 66,362 | 0 | |||||||||||
| Accruals and Deferred Income | 35,600 | 1,950 | |||||||||||
| £ 133,531 | £ 7,568 | ||||||||||||
| 9) Net Assets of The Charity's Funds | |||||||||||||
| Net | |||||||||||||
| Fixed | Current | Long Term | Fund | ||||||||||
| Assets | Assets | Liabilities | Balances | ||||||||||
| £ | £ | £ | £ | ||||||||||
| Restricted Funds | 0 | 4,906 | 0 | 4,906 | |||||||||
| Unrestricted Funds | 0 | 58,298 | 0 | 58,298 | |||||||||
| Total Funds | £ 0 | £ | 63,204 | £ | 0 | £ 63,204 | |||||||
| 10) Restricted Funds | : Movements In | The Year | |||||||||||
| Balance at | Transfer | To | Balance at | ||||||||||
| 30 November 2019 | Income | Expended | /(From) | 30 | November 2020 | ||||||||
| £ | £ | £ | Reserves | £ | |||||||||
| 15,123 | 70,450 | 80,667 | 0 | 4,906 | |||||||||
| Total Funds £ 15,123 |
£ 70,450 | £ 80,667 | £ | 0 | £ | 4,906 | |||||||
| **11) Unrestricted Funds ** | : Movements In | The Year | |||||||||||
| Balance at | Transfer | To | Balance at | ||||||||||
| 30 November 2019 | Income | Expended | /(From) | 30 | November 2020 | ||||||||
| £ | £ | £ | Reserves | £ | |||||||||
| General Reserve 43,728 |
311,116 | 296,546 | 0 | 58,298 | |||||||||
| Total Funds £ 43,728 |
£ | 311,116 | £ 296,546 | £ | 0 | £ 58,298 |
12) The average number of Employees during the year, on a full time equivalent basis was
basis was |
|||
|---|---|---|---|
| 2020 | 2019 | ||
| No Employee was paid above £60,000 | per year. | 5 | 5 |
13) Related Party Transactions
No trustee nor any person connected with them received any remuneration, or claimed any expense, during the year, from this or any related Charity.
There were no Related Party Transactions in the Year.
Page 10
Accountants Report to the Trustees on the Unaudited Accounts of the Charity Kids Care London
We report on the financial statements of Kids Care London, for the year ended 30 November 2020 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. These financial statements have been prepared, under the historical cost convention, and in accordance with the recommendations in Accounting and Reporting By Charities: Statement of Recommended Practice (Issued 2015), and the Financial Reporting Standard for Smaller Entities 102 (effective 2016), and the accounting policies set out therein.
Respective Responsibilities Of Trustees and Reporting Accountants
As described on page 4, the trustees of the charity are responsible for the preparation of the accounts, and they consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 144 of the Act, whether particular matters have come to our attention.
Basis of Accountant's Report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. These procedures provide only the assurance expressed in our opinion.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Opinion
In our opinion, no matter has come to our attention,
-
1) which gives us reasonable cause to believe that, in any material respect, the requirements a) to keep accounting records in accordance with section 41 of the Act; and
-
b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
-
2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date 8 December 2021
Reporting Accountant
C Rose & Co
Page 11