**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 s*Jfficienl 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| |---|---|---|---|---|---| Page 18 ## **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 Page 19 ## **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| |---|---|---|---|---| Page 20 **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| |---|---|---| Page 21 ## **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. Page 22