2022-03-31-accounts

Registered number: 4738880 Charity number: 1097886

Kent Refugee Action Network

(A company limited by guarantee)

Unaudited

Trustees' report and financial statements For the year ended 31 March 2022

Kent Refugee Action Network

(A company limited by guarantee)

Contents

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 5
Independent examiner's report	6
Statement of financial activities	7
Balance sheet	8
Statement of cash flows	9
Notes to the financial statements	10 - 22

Kent Refugee Action Network

(A company limited by guarantee)

Reference and administrative details of the Charity, its Trustees and advisers For the year ended 31 March 2022

Trustees	Joseph Kerkvliet, Chair
	Barbara Scott, Deputy Chair
	Patricia Edwards
	Andrew Kidd
	Rupert Brown
	Nicola Robbins
	Richard Warren (appointed 21 March 2022)
	Sally Weatherall (appointed 21 March 2022)
	Sally Caless (resigned 1 September 2021)
	Nicola Deane (resigned 1 September 2021)
	Salome Legesse-Dunn (resigned 1 January 2022)
Company registered number 4738880 Charity registered number 1097886 Registered office Unit 1, 34 Simmonds Road Wincheap Estate Canterbury Kent CT1 3RA Company secretary Razia Shariff Accountants Kreston Reeves LLP Chartered Accountants 37 St Margaret's Street Canterbury Kent CT1 2TU Bankers Barclays Bank East Kent Area 4 Broad Street Deal Kent CT14 6EP Management Committee Members Joseph Kerkvliet, Chair Barbara Scott, Deputy Chair Nicola Deane, Treasurer Sally Caless Patricia Edwards Salome Legesse-Dunn Razia Shariff

Page 1

Kent Refugee Action Network

(A company limited by guarantee)

Trustees' report For the year ended 31 March 2022

The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2021 to 31 March 2022. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

At the AGM in February 2021 the Articles of Association were updated in line with covid and online notices which were approved by the Charity Commission. At the AGM in March 2022 the objectives were updated in light of our increased work in influencing. These are currently being approved by the Charity Commission..

The original objects of the charity were ‘To relieve the need and hardship of refugees, asylum seekers and their dependants and ethnic minorities, principally in Kent, particularly by the provision of advice, information, education and support; and to advance public education about the position of refugees and ethnic minorities’. The revised objects are ‘[A] To support and relieve the needs of refugees, asylum seekers, displaced persons, ethnic minorities and, principally in Kent, particularly by (a) providing advice and information; (b) providing education and life skills training and (c) offering support for wellbeing. [B] The promotion of human rights, through improving racial harmony, equality and diversity in our local communities by (a) using our position, experience and knowledge to amplify the voices of people with lived experience and (b) promoting awareness, informing policy and influencing practice for public benefit and for the refugees and asylum seekers we seek to support and serve.

b. Activities undertaken to achieve objectives

During the year as part of KRAN’s education work with UASC the charity ran Learning for Life and Advocacy and Support projects together with a youth engagement activities in the Canterbury and Folkestone areas. The various areas of UASC support work are consolidated into an Advocacy and Support project that continues to provide an established Mentoring service, casework, Youth Ambassador and Trainee scheme, wellbeing activities and support service in Canterbury and Folkestone and other areas as needed. KRAN employs 23 members of staff both full and part time, along with volunteers, who are trustees and in the main mentors. During the year we also worked with young people who were with their families in hotels as part of the resettlement of Afghan families, as well as women as part of the women's groups in the hotels.

c. Volunteers

We have had over 50 volunteer mentors over the past year who are trained and DBS checked and offer regular meetings with young people they are put in a mentoring partnership with. We also have 8 volunteer trustees, and a number of volunteers who support our back office work including IT, helping young people apply to university and undertaking case work research.

Page 2

Kent Refugee Action Network

(A company limited by guarantee)

Trustees' report (continued) For the year ended 31 March 2022

Achievements and performance

a. Main achievements of the Charity

The year 2021 – 2022 was a year of transition, and saw KRAN emerging out of the Covid Pandemic and undertaking a complete review of our organisational way of working in relation to service delivery and the structure of the organisation. Our new Chair and Board of Trustees set ambitious goals to ensure KRAN would be sustainable in a post Covid environment. Independent reviews were undertaken by Lloyds Bank development partners of our organisation overall, fundraising strategy and external communications. This helped inform the need to change our way of working and the staff resources and structure needed to take KRAN forward to the next level. During the year we undertook a staff audit to develop a new orbital hub service delivery model, identified the need to strengthen our core staff team and to restructure our senior management team. During the year we have appointed a part time Community and Corporate Fundraiser and two new part time Youth Ambassadors. We have also recruited a part time Housing Support and Case worker and full time Advocacy and Support Manager. We are planning to recruit a full time Deputy CEO – Learning and Policy Manager and a part time Evidence and Impact Coordinator.

Our work was recognised by the Hans Albrecht Foundation Human Rights Award 2022. This is given for outstanding contribution to the field of human rights and previous recipients include our patron Lord Alf Dubs. KRAN youth ambassadors have also been nominated alongside the young leaders from Safe Passage and Hummingbird for a Sheila McKechnie Foundation Award for their work highlighting the lack of, and need for, safe routes to asylum.

b. Fundraising activities and income generation

We were able to secure additional long term funding from the Tudor Trust towards our new Senior Management Team, Esmee Fairbairn Foundation match funding for the Advocacy and Support Team, as well as Blagrave Trust funding for our Youth Ambassador Scheme and Children in Need funding for our holiday scheme including mental health support work from Fegans. We were also successful with accessing new funding from Nationwide for our Housing Support Work and an increase in donations from other small trusts and foundations such as The Tolkien Trust, John Swire 1989 Charitable Trust and the French Huguenot Church of London. In addition our main funders this year have been AB Charitable Trust, Aurum Trust, National Community Fund, Kent Community Foundation and Lloyd’s Bank Foundation. The Bell Foundation contributed towards our Learning for Life staff to develop our curriculum and resources and undertook an evaluation of our teaching resources. We continue to hold a Service Level Agreement with Virtual Schools Kent in order to fund our Learning for Life classes during term times.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

Sufficient amounts of unrestricted and restricted funds are maintained throughout the year to cover management and administration costs for a period of 3 months.

Page 3

Kent Refugee Action Network

(A company limited by guarantee)

Trustees' report (continued) For the year ended 31 March 2022

c. Annual performance

There was an increase in unrestricted funds of £44,856 during the year. At the year end, the charity had unrestricted funds of £215,405 and restricted funds of £194,492.

d. Principal risks

We have a robust Risk Register and Risk policy which is regularly reviewed and updated at the Trustee Meetings. This is a live document and available on request.

e. Accounts variations

The financial statements reflect a change in our structure and the costs incurred in undertaking a redundancy process. As we appointed new independent examiners at our last AGM the preparation and presentation of our accounts have also changed, with Raising Funds now representing one of our new staff members whose primary aim is to develop our donor base. The increase in debtors is due to a time lag in invoices being paid as part of our Service Level Agreement with VSK.

Structure, governance and management

a. Constitution

Kent Refugee Action Network is a charitable company limited by guarantee and is governed under the Companies Act of 2006 by a Memorandum of Association and Articles of Association agreed at an Extraordinary General Meeting held on December 19th 2002. As detailed above we have recently updated our Memorandum of Association and Articles of Association.

The trustees named on page 1 served during the year, supported by a Senior Management Team. The Officers of KRAN are Trustees and were recommended to members of KRAN by the existing Trustees at the Annual General Meeting in March 2022. Their appointments, together with the election of other members of the committee, were approved by the meeting in accordance with our governing documents.

b. Methods of appointment or election of Trustees

Trustees are recruited through an open call during the year based on the skills and expertise needed on the Board and are co-opted until the AGM at which point they are elected by our members for a term of 3 years initially, when they can be re-elected or stand down. Office bearers are appointed at the first Board of Trustee meeting after the AGM.

c. Organisational structure and decision-making policies

In 2021/22 our Charity went through a restructure within the Senior Management Team and to strengthen the core staff team. The charity consists of the CEO ( who is also the Company Secretary), two Senior Managers (one vacant), a core staff team (covering finance, fundraising and to be appointed evidence and impact), a Learning for Life Team and an Advocacy and Support Team. A detailed up to date list of staff is available on our website: www.kran.org.uk

d. Trustees' indemnities

The charity is insured for public liability and trustee indemnity.

Page 4

Kent Rgfugee Action Network IA company limited by guarantee) Trustegs. report (continued) For the year ended 31 March 2022 Plans for future periods The year ahead will be a year of transition as we adjust lo our new ways of working and delivering services in a new way. We plan to undertake a mid term review of our Strategic Plan 2020-2025 in consullalion with staff, Iruslees and young people lo identify Iransformalional priorities for the next two years. We will complete our appointments to the Senior Management Team and Core team. We will undertake a horizon scanning and scenario planning exercise given the new Nalionalilies and Boarders Bill and the adverse impact this is likely lo have on the young people we work with. We would like lo sincerely thank these major funders. together with the many smaller funders. organisalions and individuals without whose generous support we could not continue to help our young people so effects'vely. Statement of Trustee5' rgsponsibllitles The Trustees (who are also the directors ol the Charity for the purposes of company lawl are responsibl& for preparing the TrusleÈs' report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom G8ner8lly Accepted Accounting Practice). Company law requires the Trustees lo prepare financlal slalemenls for each financial year. Under company law, the Trustees musl not approve the financial slalemenls unless they are satisfied that they give a true and fair view of the slate of affairs of the Charily and of ils incoming resources and application of resources, including its incotme and expenditure, lor that period. In preparing these financial slalemenls, the Trustees are required lo.. select suitable accounting policies and then apply (hem consislenlly., observe the molhods and principles of the Charities SORP IFRS 1021., make judgments and accounting eslimales that are reasonable and prudent., prepare the financial statements on the going concem basis unless il is inappropriate to presume that the Ch8rlty will continue in business. The Trustees are responsible for keeping adequate accounting records that are sJfficienl to show and explain the Charitys transactions and disclose with reasonable accuracy at any lime the financial position of the Charily and enable them lo ensure that the financial statements corTFply with Ihg Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for thè prevention and detection of fraud 8n(J other irregularities. Approved by order of the me by.. ers of the board of Trustees on £ -IJ- ZL and signed on their behalf Joseph Ker Chair Ilet Page 5

Kent Refugee Action Network (Acompany Ilmlted by guarantee) Independent examlner's report For the year ended 31 March 2022 Indopandènt examin¢r's report to Ihe Trustees of Kent Refugeg Action Notwork {'tho Charity'l I report to the chaT￿Y Trustees on my examination of the accounts of the Charity for the year ended 31 March 2022. Responslbllltles and basls of report As the Trustees of the Charity land ils directors for the purposes of company lawl you are responsible for the p￿paratiOn of the accounts in accordance wilh the requirements of th8 Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible lor independent examination, I report in respect of my examination of the Charivs accounts carried out under section 145 of the Charities Acl 2011 1.the 2011 Acl'l. In carrying out my examination I have followed the Diredions given by the Charity Commission under section 14515llb) of the 2011 Act. Independent examinerfs Staternent Since the Charitls gross income exceeded £250.000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualif￿d lo undertake the examination because l am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I h8v6 completed my examination. I confirm thal no matters have come to my attention in connection with the examination giving me cause lo believe.. accounting records w&r8 not kept in respect ol the Charity as required by section 386 of the 2006 A¢l', or the accounts do not accord with those records; or the accounts do nol comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'tnJe and fairf view which is not a matter consider9d as part of an independent examination.. or the accounts have not been prepared in accordance with the methods and principles of the Stslemenl of Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10211. I have no concerns and have come aeross 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 Teached. This report is made solely lo the Charitys Trustees, as a body, in accordance wth Part 4 of the Charlties (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slate lo the Charivs Trustees those matt8rs l am required to slate lo them in an Independent examinerfs rèport and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charitys Trustees as a body, for my work or for this report. Signed.. Dated.. 24 November 2022 Peter Manser FCA DChA Kreston Reeves LLP Chartered Accountants Canterbury Page 6

Kent Refugee Action Network

(A company limited by guarantee)

Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2022

Note Income from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Total income Expenditure on: Raising funds 7 Charitable activities 8 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward (as restated) Net movement in funds Total funds carried forward	Restricted funds 2022 £ 247,339 - - - 247,339 - 281,892 281,892 (34,553) 229,045 (34,553) 194,492	Unrestricted funds 2022 £ 228,459 81,828 30 43 310,360 4,298 261,206 265,504 44,856 170,549 44,856 215,405	Total funds 2022 £ 475,798 81,828 30 43 557,699 4,298 543,098 547,396 10,303 399,594 10,303 409,897	As restated Total funds 2021 £ 557,294 62,740 10 209 620,253
				- 469,010 469,010
				151,243
				248,351 151,243 399,594

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 22 form part of these financial statements.

Page 7

Kent Refugee Actlon Network {A company Ilmited by guarantee) Reglstered nurnbor: 4738880 Balance sheet As at 31 March 2022 As reslaled 2021 2022 Note Fixed assets Tengible assets 12 425 916 425 916 Curnont as8Ots Debtors Cash at bank and in hand 13 26,307 392,027 747 407,884 418,334 408,631 Creditors-. amounts falling due within one year 14 (8,862) {9,9531 Not ¢urrent assets 409,472 398,678 Total net assets 409,897 399,594 Charlty funds Reslricled funds Unreslricled funds 16 16 194,492 215.405 229,045 170,549 Total fund3 409,897 399,594 The Charity was 8nliUed lo exemptlon from audrt under section 477 of the Companies Act 2006. The members have not required the company to obtain an audil for the year in quesllon In a¢cordan￿ with secllon 476 of Companles Act 2006. The Trustges acknowledge their responsibilities for coMp￿ng wth th8 requirements of the Act with respect lo accounting records and preparatlon ol financk91 stalemenls. The flnancial slalemenls have been prepared In accordance wrth the provisions applicable lo enllles subject lo the small companies regimo. The financial stal8menls were approved a signed on their behalf utrtorfsed for issue by the Trustees on 24-11-2Z and Joseph Ker (Chair of lees) The notes on pages 10 to 22 fom) part of these financial statements. P8ge 8

Kent Refugee Action Network (A company limited by guarantee)

Statement of cash flows For the year ended 31 March 2022 Cash flows from operating activities Net cash used in operating activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year	2022 £ (15,857) (15,857) 407,884 392,027	2021 £ 155,110
		155,110 252,774
		407,884

The notes on pages 10 to 22 form part of these financial statements

Page 9

Kent Refugee Action Network

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

1. General information

Kent Refugee Action Network is a charitable company limited by guarantee which was incorporated in England and Wales.

The Charity's registered office is Wincheap Industrial Estate Unit 1, Wincheap Industrial Estate, 34 Simmonds Road, Canterbury, Kent, CT1 3RA.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Kent Refugee Action Network meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are presented in pounds sterling and are rounded to the nearest pound.

2.2 Going concern

The Trustees have considered the charity's projected income and expenses along with the current level of reserves and concluded that the charity will be able to continue to operate for the foreseeable future. Therefore, the accounts have been prepared on a going concern basis.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 10

Kent Refugee Action Network

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

All expenditure is inclusive of irrecoverable VAT.

2.5 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

2.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.7 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings	-	25%
Office equipment	-	33%

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 11

Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

2. Accounting policies (continued)

2.11 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.12 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 12

Kent Refugee Action Network

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

3. Income from donations and legacies

Restricted funds 2022 Unrestricted funds 2022 £ £ Donations 48,757 78,259 Legacies - 5,000 Grants 196,468 145,200 Government grants 2,114 - 247,339 228,459 Total 2021 407,250 150,044 4. Income from charitable activities Unrestricted funds 2022 £ Education service level agreement 80,908 Other income 920 81,828 Total 2021 62,740 5. Income from other trading activities Income from non charitable trading activities Unrestricted funds 2022 £ Memberships 30 Total 2021 10	Total funds 2022 £ 127,016 5,000 341,668 2,114 475,798 557,294 Total funds 2022 £ 80,908 920 81,828 62,740 Total funds 2022 £ 30 10	Total funds 2021 £ 130,423 - 426,871 - 557,294
		Total funds 2021 £ 62,740 - 62,740
		Total funds 2021 £ 10

Page 13

Kent Refugee Action Network

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

6. Investment income

Unrestricted funds 2022 £ Bank interest received 43 Total 2021 209	Total funds 2022 £ 43 209	Total funds 2021 £ 209

7. Expenditure on raising funds

Fundraising costs

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Fundraiser employment costs	4,298	4,298	-

Page 14

Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

8. Expenditure on charitable activities

Staff salaries and costs Projects & sessional staff Office & room rent Activities Travel & subsistence Equipment supplies & maintenance Sundry expenses HR support & Website design Stationery & office expenses Accountancy Professional fees & subscriptions Telephone & internet Rates & water Insurance Staff/Volunteer expenses Recruitment Depreciation Training courses Consultancy	2022 £ 379,353 56,895 34,030 18,350 9,614 9,018 7,912 5,283 4,663 3,600 3,334 3,287 2,666 1,909 1,555 669 491 469 - 543,098	2021 £ 348,021 42,479 32,127 - 3,566 7,749 5,879 - 4,770 1,440 5,992 3,083 5,029 1,479 3,332 - 2,768 96 1,200 469,010

9. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £3,000 (2021 - £1,440).

10. Staff costs

Wages and salaries Social security costs Contribution to defined contribution pension schemes	2022 £ 350,267 19,174 9,912 379,353	2021 £ 310,746 19,074 18,201
		348,021

The average number of persons employed by the Charity during the year was 19 (2021 - 17).

Page 15

Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

10. Staff costs (continued)

No employee received remuneration amounting to more than £60,000 in either year.

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL).

During the year ended 31 March 2022, no Trustee expenses have been incurred (2021 - £NIL).

12. Tangible fixed assets

Cost or valuation At 1 April 2021 At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 13. Debtors Due within one year Education service line agreement debtors Prepayments and accrued income	Fixtures and fittings £ 7,360 7,360 6,511 425 6,936 424 849		Office equipment £ 27,744 27,744 27,677 66 27,743 1 67 2022 £ 25,576 731 26,307	Total £ 35,104 35,104
				34,188 491 34,679
				425
				916
				2021 £ - 747 747

Page 16

Kent Refugee Action Network

(A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

14. Creditors: Amounts falling due within one year

Other taxation and social security Other creditors Accruals and deferred income	2022 £ 4,738 524 3,600 8,862	2021 £ 6,010 2,503 1,440
		9,953

15. Prior year adjustments

As noted in the Trustees' report, a review has been undertaken of the classification of items within the accounts. This has resulted in a restatement of the allocation of some items of expendiure in the prior year. Similarly, the charity's allocation of funds at 1 April 2021 have been restated, as shown in note 16, to correctly reflect the position at that date.

Page 17

Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2022

16. Statement of funds

Statement of funds - current year

Unrestricted funds Reserve account General account Crowdfunder Aurum Trust Esmee Designated funds Crowdfunder Aurum Trust Esmee AB Charitable Trust Outreach and Support Tudor Trust Virtual Schools Kent John Swire Lawson Ambassador Funds Oak Foundation Total Unrestricted funds Restricted funds Youth Activities Youth Support Roger De Haan U16 School Ready Project KCC Big Lottery - Art Big Lottery Drama AB Charitable Trust Awards for All Sebba Trust Outreach General Rita Lila Haywood Trust Big Potential Destitution Fund Tunstall SCG Refugee Council SRG Refugee Council Kent Community Foundation Kent Community Children in Need Blagrave Trust Listening Fund Listening Fund Virtual Schools Kent (Voda Grant) Huguenot Act for Change- Paul Hamlyn Community Lottery The National Lottery Lloyds Foundation	Balance at 1 April 2021 £ 3,000 55,182 55,889 28,937 40 - - - - - - - - - - - 143,048 Balance at 1 April 2021 £ - 7,647 6,303 66 - - 3,946 11,687 760 234 3,617 463 1,502 36,561 5,382 12 549 - 3,636 36,282 - 33,544 3,856 - 31,264 - 15,281 18,070	Prior year adjustment Restated balance as at 1 April 2021 Income £ £ £ 55,183 58,183 62,669 (55,182) - - (55,889) - - (28,937) - - (40) - - 55,889 55,889 15,021 28,937 28,937 - 40 40 65,000 11,687 11,687 - 6,575 6,575 762 5,382 5,382 50,000 3,856 3,856 80,908 - - 5,000 - - 5,000 - - 14,000 - - 12,000 - 27,501 170,549 310,360 Prior year adjustment Restated balance as at 1 April 2021 Income £ £ £ 14,016 14,016 35,130 (7,647) - - (6,303) - - (66) - - - - - 3,946 3,946 (3,946) - - (11,687) - - (760) - - (234) - - (3,617) - - (463) - - (1,502) - - - 36,561 42,880 (5,382) - - 549 561 - (549) - - 3,636 3,636 - (3,636) - - 36,282 - 33,544 33,544 - (33,544) - - (3,856) - - - - 6,000 - 31,264 196 15,281 15,281 49,748 (15,281) - - - 18,070 31,682	Expenditure £ (83,094) - - - - (32,118) (28,441) (9,047) (11,687) (5,795) (25,919) (58,583) - - (402) (10,418) (265,504) Expenditure £ (23,024) - - - - (2,159) - - - - - - - (5,692) - (12) - (2,269) - (36,246) (33,544) - - (6,000) (31,460) (51,289) - (30,000)	Transfers in/out £ - - - - - - - - - - - - - - - - - Transfers in/out £ - - - - - - - - - - - - - - - - - - - - - - - - - - -	Balance at 31 March 2022 £ 37,758 - - - - 38,792 496 55,993 - 1,542 29,463 26,181 5,000 5,000 13,598 1,582 215,405 Balance at 31 March 2022 £ 26,122 - - - - 1,787 - - - - - - - 73,749 - 549 - 1,367 - 36 - - - - - 13,740 - 19,752

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Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2022

16. Statement of funds (continued)

Tolkien Crisis Funding Refugee Action We Hope Bell Foundation Nationwide Bedgebury Total of funds	Balance at 1 April 2021 £ 13,000 22,884 - - - - - 256,546 399,594	Prior year adjustment Restated balance as at 1 April 2021 Income £ £ £ - 13,000 15,000 - 22,884 2,414 - - 5,600 - - 4,986 - - 8,703 - - 40,000 - - 5,000 (27,501) 229,045 247,339 - 399,594 557,699	Expenditure £ (17,297) (25,298) (5,600) (4,481) (7,521) - - (281,892) (547,396)	Transfers in/out £ - - - - - - - - -	Balance at 31 March 2022 £ 10,703 - - 505 1,182 40,000 5,000 194,492 409,897

Purposes of designated funds

Grant towards the salary of the CEO and related core costs

Aurum Trust Grant towards the salary of the CEO and related core costs Outreach and Support Funding towards advocacy and support outreach and activities AB Charitable Trust This is restricted to covering the Charity's core costs. Tudor Trust A grant towards SMT and core staff team Virtual Schools Kent Educational Service Level Agreement John Swire An unrestricted donation designated to staffing costs. Lawson An unrestricted grant, designated to staffing costs. Ambassador Funds A collection of grants and donations designated to the work of our Youth Ambassadors. Oak Foundation Unrestricted grant towards core costs.

Purposes of restricted funds

This fund is a group of grants and donations restricted to use on activities, including football project grants from Sports England, KCF and Street Games.

Youth Activities

This grant is restricted for art activities.

Big Lottery - Art This grant is restricted for art activities. Destitution Fund This represents donations for direct help for refugees and asylum seekers who become destitute. Kent Community Foundation This helps fund life skills classes and Women's Group. Children in Need This grant is restricted for the KRAN Holiday Scheme. Blagrave Trust Listening Fund This grant is restricted for Youth Ambassadors and the Youth Forum. Huguenot A donation designated to our Mentoring project. Act for Change- Paul Hamlyn This fund supports the Youth Ambassador project as part of #iwill campaign. Community Lottery A fund restricted to supporting the Advocacy and Support service. Lloyds Foundation This is an investment grant towards the salary of the CEO and related core costs. Tolkien A donation designated to the core staff team. Refugee Action A grant towards the development of a new website. We Hope EU funded project to collect digital archives and stories. Bell Foundation Restricted funding for Learning for LIfe evaluation. Nationwide This grant supports our housing support. Bedgebury A grant towards our L4L project. Youth Support Project The purpose of this fund provides for education, training and activities of unaccompanied minors. Awards For All This represents monies used for working with unaccompanied A/S children. Roger De Haan This fund is restricted to the costs of running the Outreach programme in Folkestone, inculding salary costs. Tunstall Mentoring & Befriending and Drop In Centre. Sebba Trust Monitoring & Befriending Project. Kent Community Trust This helps fund the Life Skills classes core costs. Outreach General These funds are restricted to work in Folkestone. Rita Lila Haywood Trust Caseworker, staffing and core costs for Drop In . U16 School Ready Costs Used for working with schools to prepare young people under 16 to adapt to working in mainstream schools. The National Lottery CommunityThis relates to a funded project of the advocacy and support service Fund Colyer-Fergusson Charitable Supporting core running costs and learning for life activities. Trust

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Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2022

16. Statement of funds

Statement of funds - prior year

General funds General account Reserve account Crowdfunder Aurum Trust Esmee Total Unrestricted funds Restricted funds Youth Support Big Lottery Drama AB Charitable Trust Awards for All Roger De Haan Destitution Fund Tunstall Sebba Trust SCG Refugee Council Kent Community Outreach General Rita Lila Haywood Trust SRG Refugee Council U16 School Ready Project Children in Need Big Potential Listening Fund Virtual Schools Kent (Voda Grant) Colyer-Fergusson KCC Huguenot Act for Change- Paul Hamlyn BFL Vulnerable Youth The National Lottery Lloyds Foundation Tolkien Crisis Funding Total of funds	Balance at 1 April 2020 Income £ £ 5,746 127,114 3,000 - - 55,889 17,178 30,000 35,482 - 61,406 213,003 Balance at 1 April 2020 Income £ £ 15,803 3,500 4,491 - 1,051 20,000 778 - 8,791 - 6,351 35,574 10,831 - 3,823 - - 12 8,730 - 927 4,925 463 - 492 57 69 - 20,169 21,549 2 1,500 7,423 28,563 19,872 27,111 17,725 - 283 - 132 - 31,345 41,250 22 - 13,810 48,534 13,562 66,850 - 13,000 - 94,825 186,945 407,250 248,351 620,253	Expenditure £ (77,678) - - (18,241) (35,442) (131,361) Expenditure £ (11,656) (545) (9,364) (18) (2,488) (5,364) (5,449) (3,589) - (5,094) (2,235) - - (3) (5,436) - (2,442) (43,127) (17,725) (283) (132) (41,331) (22) (47,063) (62,342) - (71,941) (337,649) (469,010)	Transfers in/out £ - - - - - - Transfers in/out £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Balance at 31 March 2021 £ 55,182 3,000 55,889 28,937 40 143,048 Balance at 31 March 2021 £ 7,647 3,946 11,687 760 6,303 36,561 5,382 234 12 3,636 3,617 463 549 66 36,282 1,502 33,544 3,856 - - - 31,264 - 15,281 18,070 13,000 22,884 256,546 399,594

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Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

17. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets Current assets Creditors due within one year Total	Restricted funds 2022 Unrestricted funds 2022 £ £ - 425 194,492 223,842 - (8,862) 194,492 215,405	Total funds 2022 £ 425 418,334 (8,862) 409,897

Analysis of net assets between funds - prior year

Tangible fixed assets Current assets Creditors due within one year Total	Restricted funds 2021 £ - 256,545 - 256,545	Unrestricted funds 2021 £ 916 152,086 (9,953) 143,049	Total funds 2021 £ 916 408,631 (9,953) 399,594

18. Reconciliation of net movement in funds to net cash flow from operating activities

Net income for the year (as per Statement of Financial Activities) Adjustments for: Depreciation charges Increase in debtors Increase/(decrease) in creditors Net cash provided by/(used in) operating activities	2022 £ 10,303 491 (25,560) (1,091) (15,857)	2021 £ 151,243 2,768 (13) 1,112 155,110

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Kent Refugee Action Network (A company limited by guarantee)

Notes to the financial statements For the year ended 31 March 2022

19. Analysis of cash and cash equivalents

Cash in hand Total cash and cash equivalents	2022 £ 392,027 392,027	2021 £ 407,884
		407,884

20. Analysis of changes in net debt

Cash at bank and in hand	At 1 April 2021 £ 407,884 407,884	Cash flows £ (15,857) (15,857)	At 31 March 2022 £ 392,027 392,027

21. Related party transactions

The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 March 2022.

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