**REGISTERED CHARITY NUMBER: 1096406**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **FOR**
## **KIDS CARE LONDON**
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
**KIDS CARE LONDON**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Cash Flow Statement**||6||
|**Notes to the Cash Flow Statement**||7||
|**Notes to the Financial Statements**|8|to|12|
**KIDS CARE LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2022**
The trustees present their report with the financial statements of the charity for the year ended 30 November 2022. The trustees have adopted the provisions of 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).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The purpose of the charity is set out in its governing document dated the 27th January 2003.
The main objectives of the charity are:
1. Promote and advance the education, training, and advancement of young people, from Hackney, Haringey, Barnet, Manchester and Gateshead, who have disabilities, and are financially deprived; and to empower them to maximise their potential.
2. Provide a warm and caring environment in which they may access recreational and leisure opportunities catered to their needs.
## **Significant activities**
The financial results of the Company's activities for the period ended 30 November 2022 are fully reflected in the attached financial statements together with the notes thereon.
The trustees are satisfied with the results and activities of the company for the year and do not anticipate any significant changes in the forthcoming year.
## **Public benefit**
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning the charity's future activities. The aims of the charity for the public benefit are detailed in the Objectives and Activities section of the report.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity received donations totalling £602,771 (2021: £380,090) and spent £634,052 (2021: £389,914) on charitable activities.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The charity is financially dependent on income from charitable donations.
## **Reserves policy**
The reserves policy is to ensure that there is a sufficient stream of income to meet the ongoing calls made on the charity including the possibility of providing capital assets for the needs of charitable institutions.
## **Going concern**
The trustees are confident that the charity will be able to continue operating for the foreseeable future.
## **FUTURE PLANS**
There are no current plans to change the activities or modus operandi in the foreseeable future.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will apply suitable recruitment and training procedures.
Page 1
**KIDS CARE LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1096406
## **Principal address**
7 BETHUNE ROAD LONDON N16 5BW
## **Trustees**
Mrs E Reiner M Grosskopf S Schleisinger
## **Independent Examiner**
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
Approved by order of the board of trustees on 28 September 2023 and signed on its behalf by:
S Schleisinger - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KIDS CARE LONDON**
## **Independent examiner's report to the trustees of KIDS CARE LONDON**
I report to the charity trustees on my examination of the accounts of KIDS CARE LONDON (the Trust) for the year ended 30 November 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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
1. 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
3. 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.
M A Venitt, A.C.A
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
28 September 2023
Page 3
## **KIDS CARE LONDON**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
602,771
**EXPENDITURE ON**
**Charitable activities**
3
Charitable activities
634,052
Other
720
**Total**
634,772
**NET INCOME/(EXPENDITURE)**
(32,001)
**RECONCILIATION OF FUNDS**
Total funds brought forward
43,383
**TOTAL FUNDS CARRIED FORWARD**
11,382|Restricted
funds
£
-
-
-
-
-
9,997
9,997|30.11.22
30.11.21
Total
Total
funds
funds
£
£
602,771
380,090
634,052
389,914
720
-
634,772
389,914
(32,001)
(9,824)
53,380
63,204
21,379
53,380|
|---|---|---|
The notes form part of these financial statements
Page 4
## **KIDS CARE LONDON**
## **BALANCE SHEET 30 NOVEMBER 2022**
|Unrestricted
funds
Notes
£
**CURRENT ASSETS**
Debtors
8
-
Cash at bank and in hand
21,822
21,822
**CREDITORS**
Amounts falling due within one year
9
(10,440)
**NET CURRENT ASSETS**
11,382
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
11,382
**NET ASSETS/(LIABILITIES)**
11,382
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
9,997
9,997
-
9,997
9,997
9,997|30.11.22
Total
funds
£
-
31,819
31,819
(10,440)
21,379
21,379
21,379
11,382
9,997
21,379|30.11.21
Total
funds
£
128,052
20,181
148,233
(94,853)
53,380
53,380
53,380
43,383
9,997
53,380|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 September 2023 and were signed on its behalf by:
S Schleisinger - Trustee
The notes form part of these financial statements
Page 5
## **KIDS CARE LONDON**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2022**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by/(used in) operating activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|30.11.22
£
11,638
11,638
11,638
20,181
31,819|30.11.21
£
(50,554)
(50,554)
(50,554)
70,735
20,181|
|---|---|---|
The notes form part of these financial statements
Page 6
**KIDS CARE LONDON**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM**
**ACTIVITIES**|**OPERATING**||
|---|---|---|
|**Net expenditure for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Decrease/(increase) in debtors
Decrease in creditors
**Net cash provided by/(used in) operations**|30.11.22
£
(32,001)
128,052
(84,413)
11,638|30.11.21
£
(9,824)
(2,052)
(38,678)|
|||(50,554)|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
|At
**Net cash**
Cash at bank and in hand
**Total**|1.12.21
Cash flow
At 30.11.22
£
£
£
20,181
11,638
31,819
20,181
11,638
31,819
20,181
11,638
31,819|1.12.21
Cash flow
At 30.11.22
£
£
£
20,181
11,638
31,819
20,181
11,638
31,819
20,181
11,638
31,819|
|---|---|---|
|||31,819|
|||31,819|
The notes form part of these financial statements
Page 7
**KIDS CARE LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Governance costs**
Governance costs are associated with the governance arrangements of the charity and relate to the general running of the charity. These costs include audit, legal advice for Trustees and costs associated with meeting constitutional and statutory requirements such as the cost of Trustee meetings and the preparation of the statutory accounts.
## **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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Donations
Camp Horizon fees|30.11.22
£
409,171
193,600
602,771|30.11.21
£
285,382
94,708|
|---|---|---|
|||380,090|
continued...
Page 8
**KIDS CARE LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **3. CHARITABLE ACTIVITIES COSTS**
|Charitable activities
**4.**
**GRANTS PAYABLE**
Charitable activities
**5.**
**SUPPORT COSTS**
Other resources expended
Charitable activities|Direct
Costs
£
496,053|Grant
funding of
activities
(see note
4)
£
126,356|Support
costs (see
note 5)
Totals
£
£
11,643
634,052
30.11.22
30.11.21
£
£
126,356
-
Governance
costs
£
720
11,643
12,363|
|---|---|---|---|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 November 2022 nor for the year ended 30 November 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 November 2022 nor for the year ended 30 November 2021.
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
273,675
**EXPENDITURE ON**
**Charitable activities**
Charitable activities
288,590
**NET INCOME/(EXPENDITURE)**
(14,915)
**RECONCILIATION OF FUNDS**
Total funds brought forward
58,298
**TOTAL FUNDS CARRIED FORWARD**
43,383|Restricted
funds
£
106,415
101,324
5,091
4,906
9,997|Total
funds
£
380,090|
|---|---|---|
|||389,914|
|||(9,824)
63,204|
|||53,380|
continued...
Page 9
**KIDS CARE LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022**
|**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At
1.12.21
£
**Unrestricted funds**
General fund
43,383
**Restricted funds**
General fund
9,997
**TOTAL FUNDS**
53,380
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
602,771
**TOTAL FUNDS**
602,771
**Comparatives for movement in funds**
At
1.12.20
£
**Unrestricted funds**
General fund
58,298
**Restricted funds**
General fund
4,906
**TOTAL FUNDS**
63,204|30.11.22
30.11.21
£
£
-
128,052
30.11.22
30.11.21
£
£
324
325
10,116
94,528
10,440
94,853
Net
movement
At
in funds
30.11.22
£
£
(32,001)
11,382
-
9,997
(32,001)
21,379
Resources
Movement
expended
in funds
£
£
(634,772)
(32,001)
(634,772)
(32,001)
Net
movement
At
in funds
30.11.21
£
£
(14,915)
43,383
5,091
9,997
(9,824)
53,380|
|---|---|
continued...
Page 10
**KIDS CARE LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **10. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
273,675
106,415
380,090|Resources
Movement
expended
in funds
£
£
(288,590)
(14,915)
(101,324)
5,091
(389,914)
(9,824)|Resources
Movement
expended
in funds
£
£
(288,590)
(14,915)
(101,324)
5,091
(389,914)
(9,824)|
|---|---|---|---|
||||(9,824)|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
General fund
**TOTAL FUNDS**|Net
At
movement
At
1.12.20
in funds
30.11.22
£
£
£
58,298
(46,916)
11,382
4,906
5,091
9,997
63,204
(41,825)
21,379|Net
At
movement
At
1.12.20
in funds
30.11.22
£
£
£
58,298
(46,916)
11,382
4,906
5,091
9,997
63,204
(41,825)
21,379|
|---|---|---|
|||21,379|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
General fund
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
876,446
(923,362)
(46,916)
106,415
(101,324)
5,091
982,861
(1,024,686 )
(41,825)|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
876,446
(923,362)
(46,916)
106,415
(101,324)
5,091
982,861
(1,024,686 )
(41,825)|
|---|---|---|
|||(41,825)|
continued...
Page 11
**KIDS CARE LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 November 2022.
Page 12