## Kids Care London Charity No. 1096406 Trustees’ Report and Unaudited Accounts 30 November 2021 Kids Care London Contents ||Pages| |---|---| |Trustees’ Annual Report|2 to 3| |Independent Examiner’s Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Accounts|7 to 12| |Detailed Statement of Financial Activities|13 to 14| Page 1 Kids Care London The trustees present their report with the unaudited financial statements of the charity for the year ended 30 November 2021. ## REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1096406 Principal Office 45 Craven Park Road South Tottenham London N15 6AH Trustees The following trustees served during the year: H. Friedman M. Groskopf S. Schlesinger Key Management Personnel Chair Mr S Schlesinger Accountants S J Sheldon Ltd 20 Clarence Road Hale Cheshire WA15 8SG ## OBJECTIVES AND ACTIVITIES The purpose of the charity as set out in its governing document dated the 27th January 2003 Statement of trustees’ responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity’s trustees Page 2 Kids Care London Trustees Annual Report S. Schlesinger Trustee 30 September 2022 Page 3 Kids Care London Independent Examiners Report ## Independent Examiner’s Report to the trustees of Kids Care London I report to the trustees on my examination of the financial statements of Kids Care London for the year ended 30 November 2021 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. ## Responsibilities and basis of report As the charity’s trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011(’the Act’). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed. I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## Independent examiner’s statement As the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of Institute of Financial Accountants. I have completed my examination. I can 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: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached. Simon Sheldon Institute of Financial Accountants S J Sheldon Ltd 20 Clarence Road Hale Cheshire WA15 8SG 30 September 2022 Page 4 ## Kids Care London ## Statement of Financial Activities for the year ended 30 November 2021 |Notes
Income and endowments
from:
Donations and legacies
3
Other
4
Total
Expenditure on:
Charitable activities
5
Total
Net gains on investments
Net (expenditure)/income
Transfers between funds
Net (expenditure)/income
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward|Unrestricted
funds
Restricted
funds
Total funds
Total
funds
2021
2021
2021
2020
£
£
£
£
269,675
15,707
285,382
182,827
4,000
90,708
94,708
198,739| |---|---| ||273,675
106,415
380,090
381,566
288,590
101,324
389,914
377,213| ||288,590
101,324
389,914
377,213| ||(14,915)
5,091
(9,824)
4,353| ||(14,915)
5,091
(9,824)
4,353| ||(14,915)
5,091
(9,824)
4,353
58,298
4,906
63,204
58,851| ||43,383
9,997
53,380
63,204| Page 5 Kids Care London Balance Sheet at 30 November 2021 ## Charity No. 1096406 |||||| |---|---|---|---|---| |Charity No. 1096406
Current assets
Debtors
7
Cash at bank and in hand
Creditors: Amount falling due within one year
8
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
Restricted income funds
9
Unrestricted funds
9
General funds
Reserves
9
Total funds||2021
128,052
20,181
148,233
(94,853)
53,380
53,380
53,380
53,380
9,997
9,997
43,383
43,383
53,380||2020
126,000
70,735| |||||196,735
(133,531)| |||||63,204
63,204| |||||63,204| |||||63,204| |||||4,906| |||||4,906
58,298| |||||58,298| |||||63,204| Approved by the trustees on 30 September 2022 And signed on their behalf by: S. Schlesinger Trustee 30 September 2022 Page 6 Kids Care London NotestotheAccounts for the year ended 30 November 2021 ## Accounting policies ## Basis of preparation The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## Change in basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. > Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. > Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Income Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 7 Kids Care London NotestotheAccounts Expenditure Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. ## Taxation The charity is exempt from tax on its charitable activities. ## Trade and other 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. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company’s cash management. ## Trade and other creditors Short term creditors are measured at the transaction price. Other 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 amount after allowing for any trade discounts due. Page 8 ## Kids Care London ## NotestotheAccounts 2 Statement of Financial Activities - prior year |2 Statement of Financial Activities - prior year||||| |---|---|---|---|---| |Income and endowments from:
Donations and legacies
Other
Total
Expenditure on:
Charitable activities
Raising funds
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3 Income from donations and legacies
Families with disabilities
income
General donations
Government funding
4 Other income
Camp Horizon parent fees
Other grants and individual
donations|Unrestricted
153,688
115,987
269,675
Unrestricted
4,000
~~4,000~~|Unrestricted
funds
2020
245,764
65,352
311,116
279,321
17,225
296,546
14,570
14,570
14,570
43,728
58,298
Restricted
15,707
15,707
Restricted
90,708
~~90,708~~|Restricted
funds
2020
23,500
46,950|Total funds
2020
269,264
112,302| ||||70,450
80,667|381,566
359,988
17,225| ||||80,667|377,213| ||||(10,217)|4,353| ||||(10,217)|4,353| ||||(10,217)
15,123|4,353
58,851| ||||4,906|63,204| ||||Total
2021
153,688
115,987
15,707|Total
2020
83,256
85,071
14,500| ||||285,382|182,827| ||||Total
2021
94,708|Total
2020
100,937
97,802| ||||~~94708~~|~~198739~~| ||||~~,~~|~~,~~| Page 9 Kids Care London NotestotheAccounts |Kids Care London
NotestotheAccounts||||| |---|---|---|---|---| |5
Expenditure on charitable
activities
Camp Horizon costs
Accommodation for families
with disabilities
Other project costs
Unrestricted
6
Staff costs
No employee received emoluments in excess of £60,000.
7
Debtors
Other debtors
8
Creditors:
amounts falling due within one year
Trade creditors
Other creditors
Accruals
9
Movement in funds
Restricted funds:
Restricted income funds:
264,437
8,070
16,083
288,590
At 1
December
2020
4,906
_/OtDl_
4,906
Unrestricted funds:
General funds
58,298
Total funds
63,204||Restricted
2021
128,052
128,052
2021
325
94,528
94,853
Incoming
66,324
35,000
101,324
resources
(including
other
gains/losses
)
106,415
106,415
273,675
380,090|Total
2021
264,437
74,394
51,083|Total
2020
221,050
102,995
21,355
31,813| ||||389,914|377,213| ||||
Resources
expended
(101,324)|2020
126,000| |||||126,000| |||||2020
31,569
66,362
35,600| |||||133,531| |||||At 30
November
2021
4,906
5,091| ||||(101,324)|9,997| ||||(288,590)|43,383| ||||(389,914)|53,380| Page 10 Kids Care London NotestotheAccounts ## 10 Analysis of net assets between funds |10Analysis of net assets between funds|||| |---|---|---|---| |Net current assets
11Reconciliation of net debt
Cash and cash equivalents
Net debt|`At1`
`70,735`
December
2020
70,735
70,735|Unrestricted
funds
53,380|Total
53,380| |||53,380|53,380| |||Cash flows
(50,554)|`At30`
November
2021
20,181| |||(50,554)|20,181| |||(50,554)|20,181| Page 11 Kids Care London Statement of Cash flows for the year ended 30 November 2021 |Cash flows from operating activities
Net (expenditure)/income per Statement of Financial Activities
Adjustments for:
Dividends, interest and rents from investments
Increase in trade and other receivables
(Decrease)/increase in trade and other payables
Net cash used in operating activities
Cash flows from investing activities
Dividends, interest and rents from investments
Net cash from investing activities
Net cash from financing activities
Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances|2021
(9,824)
(94,708)
(2,052)
(38,678)
(145,262)
94,708
94,708
(50,554)
70,735
20,181
20,181
20,181|2020
4,353
(112,302)
(126,000)
133,531| |---|---|---| |||(100,418)
112,302| |||112,302| |||| |||| |||11,884| |||11,884| |||70,735| |||70,735| Page 12 Kids Care London Detailed Statement of Financial Activities for the year ended 30 November 2021 |for the year ended 30 November 2021|||||| |---|---|---|---|---|---| |Income and endowments from:
Donations and legacies
Families with disabilities income
General donations
Government funding
Other
Camp Horizon parent fees
Other grants and individual
donations
Total income and endowments
Expenditure on:
Costs of charitable activities
Camp Horizon costs
Accommodation for families with
disabilities
Other project costs
Total of expenditure on
charitable activities
Total expenditure
Net gains on investments
Net (expenditure)/income
Net (expenditure)/income before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward||Unrestricted
funds
2021
153,688
115,987
269,675
4,000
4,000
273,675
264,437
8,070
16,083
288,590
288,590
288,590
(14,915)
58,298

43,383
(14,915)
(14,915)|Restricted
funds
2021
15,707|Total funds
2021
153,688
115,987
15,707
285,382
94,708
94,708
380,090
264,437
74,394
51,083
389,914
389,914
389,914
(9,824)
63,204
53,380
(9,824)
(9,824)|Total funds
2020
83,256
85,071
14,500| ||||15,707||182,827| ||||90,708||100,937
97,802| ||||90,708||198,739| ||||106,415
66,324
35,000||381,566
221,050
102,995
21,355
31,813| ||||101,324||377,213| ||||101,324
101,324||377,213
377,213| ||||5,091||4,353| ||||5,091||4,353| ||||5,091||4,353| ||||4,906||58,851| ||||9,997||63,204| Page 13