**Registered number: 04738880 Charity number: 1097886**
## **Kent Refugee Action Network**
**(A company limited by guarantee)**
## **Unaudited**
**Trustees' report and financial statements For the year ended 31 March 2025**
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Contents**
||Page|
|---|---|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1 - 2|
|**Trustees' report**|3 - 7|
|**Independent examiner's report**|8|
|**Statement of financial activities**|9|
|**Balance sheet**|10 - 11|
|**Statement of cash flows**|12|
|**Notes to the financial statements**|13 - 26|
**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 2025**
|**Trustees**|Rupert Brown, Chair (appointed 5th April 2024)|
|---|---|
||Nicola Robbins, Deputy Chair (appointed 6th April 2024)|
||Carol Lucis, Treasurer|
||Caroline Beard|
||Patricia Edwards|
||Nadia Husen, (resigned 28th April 2025)|
||Andrew Kidd|
||Richard Warren|
||Sally Weatherall|
||Joseph Kerkvliet, Chair (resigned 23rd July 2024)|
||Muddasser Adam (appointed 21st February 2025, resigned 8th October 2025)|
||Anna Di Mascio (appointed 21st February 2025)|
||Tim Judge (appointed 21st February 2025)|
||Grace Reed (appointed 21st February 2025)|
|**Company registered**
**number**
04738880
**Charity registered**
**number**
1097886
**Registered office**
Unit 1, 34 Simmonds Road
Wincheap Estate
Canterbury
Kent
CT1 3RA
**CEO & Company**
**secretary**
Razia Shariff
**Independent examiner**
Peter Manser FCA DChA
Kreston Reeves LLP
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
**Bankers**
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ||
Page 1
## **Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Reference and administrative details of the Charity, its Trustees and advisers (continued) For the year ended 31 March 2025**
## **Management Committee Members**
Rupert Brown (Chair) Nicola Robbins (Deputy Chair) Razia Shariff, Company Secretary Carol Lucis (Treasurer) Caroline Beard Patricia Edwards Nadia Husen Andrew Kidd Richard Warren Sally Weatherall Muddasser Adam Anna Di Mascio Tim Judge Grace Reed
Page 2
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Trustees' report For the year ended 31 March 2025**
The Trustees present their annual report together with the financial statements of the Charity for the year 1 April 2024 to 31 March 2025. 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**
Our new Strategic Plan 2025 – 2028 reaffirms our core values of: Collaboration, Solidarity, Striving for Excellence, Reflectiveness and being Person Centred. We identified four key strategic directions: (1) Fostering an Enabling Environment; (2) Adapting our Service Delivery Model; (3) Diversifying funding and income streams; (4) Strengthening our Evidence and Impact. We also agreed our Theory of Change and planning principles SCORED (Scope, Client, Others, Risks, Evidence and Doable) so that we could respond to any changes in the wider landscape. Please see our Strategic Plan on our website:
https://static1.squarespace.com/static/605b2fdcf17cce401b548999/t/67f515344c72295c1976a8ce/17441150075 24/Kran_Strategy_Plan_HighQuality_Stable.pdf.
During the financial year we continued to strengthen and develop our policies and procedures. New policies adopted by the Board included: Data Retention and Privacy (5/24); Young Peoples Conduct, Health and Safety, Drugs Education and Awareness (9/24); Anti-harassment and Bullying (1/24); Leave, including holiday, p/maternity , sickness, time off in lieu etc. (1/25); and Grievance, Redundancy and Safer Recruitment (3/25). We held a number of Trustee sub groups including: Housing, Destitution, Finance, Staffing and Evidence and Impact. We also worked on the creation of a new database system using Salesforce.
## **b. Activities undertaken to achieve objectives**
During the year as part of KRAN’s work with separated young refugees and asylum seekers, the charity continued to run Learning for Life (L4L) classes and Advocacy and Support services in the Canterbury and Folkestone areas, as well as social media and influencing initiatives to amplify the voice of young people with lived experience. Our Advocacy and Support services continue to provide: an established mentoring service; early intervention, complex, legal and housing casework; Youth Ambassador and Trainee schemes; wellbeing activities and support service in Canterbury and Folkestone. KRAN employs 32 members of staff both full and part time, along with volunteers, who are trustees and mentors.
## **c. Volunteers**
We have had over 54 volunteer mentors over the past year who are trained, DBS checked and supported to offer regular meetings with young people they are put in a mentoring partnership with. We also have 12 volunteer trustees. Other volunteers include back-office support for IT, and support for L4L classes shopping and cooking, as well as a research student placement.
Page 3
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Trustees' report (continued) For the year ended 31 March 2025**
## **Achievements and performance**
## **a. Main achievements of the Charity**
New collaborations were established with KCC’s Resettlement Team and Rising Sun to deliver Afghan families integration workshops; however, a change in party at KCC has stopped this. There is also an established partnership with North West Kent Citizens Advice Bureau (NW CAB). This involved weekly day release training for one of our staff as part of their Legal aid provision. Other collaborations include: art and drama work with the Gecko Theatre and Good Chance Company film ‘From Here on’ which was screened nationally and locally; People United and F51 Climbing Centre Folkestone; art activism ‘Holding On’ installation, and a coproduction of an art exhibition with the Carl Freedman Gallery and Studio Lenca. We also collaborated with the Together with Refugees ‘Fair Begins Here’ campaign. Bell Educational Trust supported our Youth Ambassadors and Trainees as ‘experts by experience’. We also participated in Refugee Week with the Social Justice Network and Canterbury Cathedral.
Organisationally we have now established a new accredited L4L provision along with the Arts Awards. We launched our new Strategic Plan 2025-28 after a summer of consultations using a True North approach. We appointed a new Senior Manager: Advocacy and Support and were able to offer additional trainee roles. Also, all staff completed a two day ‘Healing spaces’ International Rescue Committee training course.
Achievements in media and communications included: the launch of a podcast series called ‘Stories without limits’ on Spotify; an Election Manifesto by the Youth Ambassadors; and live interviews on BBC South East and BBC World Service during the elections. Also, we have developed our following on Instagram and LinkedIn. In addition, we worked with one of our patrons, Gavin Esler, during the year on different initiatives.
## **b. Fundraising activities and income generation**
We continue to have a very positive relationship with our established grant funders. However, our relationship came to an end with Lloyds Bank Foundation as we are now too big for their criteria, Bennelong decided to close their grant funding, and Blue Thread were informed that This Day were reviewing their grant priorities. Nevertheless, we secured new grants from Cummins Global Giving Grant, the Civic Power Fund (a 3 year grant), new long term funding from the National Community Lottery, and funding (twice) from the Millionaires Postcode Lottery (Folkestone and Canterbury). Also, one year’s funding from the CAF Resilience fund along with workshop support and new funding from Garfield and Weston towards our core costs.
## **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. As noted last year, the large carry forward was from grants paid in to the financial year window, for spending in the subsequent financial year. During this financial year, some of the regular large grants were received after this year’s financial window, hence our income is presented as below our expenditure. 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 policy.
## **b. Reserves policy**
Sufficient amounts of unrestricted and restricted funds are maintained throughout the year to cover management and administration costs for a 3 month period. We also agreed to put our carry forward fund into high interest accounts, with reasonable access in order to increase our reserves. Our unrestricted funds are designated by the Trustees and not the funders and so can be used as required. We are continually working to increase our reserves as part of our Fundraising Strategy. Our General Funds were used this year to support running costs.
Page 4
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Trustees' report (continued) For the year ended 31 March 2025**
## **c. Annual performance**
There was an increase in unrestricted funds of £36,874 during the year. At the year end, the charity had unrestricted funds of £235,938, of which £204,094 have been designated, and restricted funds of £231,213.
## **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**
There are a number of variations in this year's accounts. Firstly, Project and Sessional staff costs have gone from approximately £38k to £12k. In the financial year 23/24 we contracted sessional teachers, a sessional housing caseworker and sessional trainees. We have made a conscious effort to move these roles onto our payroll for consistency and to improve our commitment to our trainees. Secondly, insurance costs increased due to the tendering requirements of Virtual Schools Kent to have higher cover for Indemnity and Public Liability insurance. Training costs increased as there was a focus with the new Senior Manager: Learning for Life to provide training and resources to our teaching provision. We received additional funding for this and for new equipment including tangible assets of two new SMART boards for our teaching.
Our carry forward was higher than usual. We received a number of restricted grants towards the end of 2024 and beginning of 2025. Some of this funding was preserved for use in 25/26 to help towards the shortfall in secured funding. The carry forward also includes the Destitution Fund of around £80,000. We agreed that 20% of the CEO’s time should be allocated to Fundraising costs, and that the Destitution Fund and Amal Fund (created through interest gained) should be separated.
## **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 originally agreed at an Extraordinary General Meeting held on December 19th 2002.
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 February 2025. 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**
The Management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Trustees are recruited through an open call during the year based on the skills and expertise needed on the Board and are coopted 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 2024/25 there were no substantial changes to our organisational structure, having secured the full complement of staff. A Senior Management Team, a core staff team, Learning for Life Team and Advocacy and Support Team. A detailed up-to-date list of staff is available on our website: www.kran.org.uk.
Page 5
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Trustees' report (continued) For the year ended 31 March 2025**
## **Structure, governance and management (continued)**
## **d. Trustees' indemnities**
The charity is insured for public liability and trustee indemnity.
## **Plans for future periods**
We will be implementing and reviewing our Strategic Plan 2025-28 breakthrough objectives in light of wider changes and emerging needs. We aim to become Immigration Advice Authority (IAA) Registered to be able to offer Legal Advice and Support and obtain a Trauma Informed Quality Mark, and we will be exploring our partnerships to mitigate the social housing crisis on our young people. We will also be monitoring the implications of the Local Government elections and will develop responses to the adverse impact they may have on our young people.
We would like to sincerely thank the major funders, together with the many smaller funders, organisations and individuals without whose generous support we could not continue to help our young people so effectively.
Page 6
## **Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Trustees' report (continued) For the year ended 31 March 2025**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
**Rupert Brown** Chair Date: 16 December 2025
Page 7
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Statement of financial activities (incorporating income and expenditure account) For the year ended 31 March 2025**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Investments
5
**Total income**
**Expenditure on:**
Raising funds
6
Charitable activities
7
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2025**
**£**
**382,731**
**808**
**-**
**383,539**
**-**
**349,911**
**349,911**
**33,628**
**197,585**
**33,628**
**231,213**|**Unrestricted**
**funds**
**2025**
**£**
**368,445**
**163,389**
**13,340**
**545,174**
**15,375**
**492,925**
**508,300**
**36,874**
**199,064**
**36,874**
**235,938**|**Total**
**funds**
**2025**
**£**
**751,176**
**164,197**
**13,340**
**928,713**
**15,375**
**842,836**
**858,211**
**70,502**
**396,649**
**70,502**
**467,151**|Total
funds
2024
£
485,840
132,918
5,429
624,187
15,989
716,324
732,313
(108,126)
504,775
(108,126)
396,649|
|---|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 13 to 26 form part of these financial statements.
Page 9
## **Kent Refugee Action Network (A company limited by guarantee) Registered number: 04738880**
## **Balance sheet As at 31 March 2025**
|**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Investments
13
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
14
**Net current assets**
**Total net assets**
**Charity funds**
Restricted funds
15
Unrestricted funds
15
**Total funds**|**957**
**157,881**
**333,206**
**492,044**
**(27,112)**|**2025**
**£**
**2,219**
**2,219**
**464,932**
**467,151**
**231,213**
**235,938**
**467,151**|49,998
150,112
214,045
414,155
(17,736)|As restated
2024
£
230|
|---|---|---|---|---|
|||||230
396,419|
||||||
|||||396,649|
|||||197,585
199,064|
||||||
|||||396,649|
Page 10
## **Kent Refugee Action Network**
## **(A company limited by guarantee) Registered number: 04738880**
## **Balance sheet (continued) As at 31 March 2025**
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
**Rupert Brown** Chair Date: 16 December 2025
The notes on pages 13 to 26 form part of these financial statements.
Page 11
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Statement of cash flows For the year ended 31 March 2025**
|**Note**
**Cash flows from operating activities**
Net cash used in operating activities
17
Purchase of tangible fixed assets
Investment in 120 day notice accounts
**Net cash used in investing 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**
18
The notes on pages 13 to 26 form part of these financial statements|**2025**
**£**
**122,317**
**(3,156)**
**-**
**(3,156)**
**119,161**
**214,045**
**333,206**|As restated
2024
£
(146,895)
(345)
(150,000)
(150,345)
(297,240)
511,285
214,045|
|---|---|---|
Page 12
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Notes to the financial statements For the year ended 31 March 2025**
## **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 Unit 1, 34 Simmonds Road, Wincheap Industrial Estate, 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 13
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Notes to the financial statements For the year ended 31 March 2025**
## **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 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.
## **2.6 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%|
## **2.7 Investments**
Current asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
## **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.
Page 14
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Notes to the financial statements For the year ended 31 March 2025**
## **2. Accounting policies (continued)**
## **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.
## **2.11 Operating leases**
Rentals paid under operating leases are charged to the Statement of financial activities on a straightline basis over the lease term.
## **2.12 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.
## **2.13 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 15
## **Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31 March 2025**
## **3. Income from donations and legacies**
|Donations
Grants
Total 2024|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
11,048
74,424
371,683
294,021
382,731
368,445
259,669
226,171|**Total**
**funds**
**2025**
**£**
**85,472**
**665,704**
**751,176**
485,840|Total
funds
2024
£
84,329
401,511|
|---|---|---|---|
||||485,840|
|||||
## **4. Income from charitable activities**
|Education service level agreement
Other income
Total 2024|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
-
160,362
808
3,027
808
163,389
360
132,558|**Total**
**funds**
**2025**
**£**
**160,362**
**3,835**
**164,197**
132,918|Total
funds
2024
£
130,532
2,386|
|---|---|---|---|
||||132,918|
|||||
**5. Investment income**
|**Unrestricted**
**funds**
**2025**
**£**
Bank interest received
13,340
Total 2024
5,429|**Total**
**funds**
**2025**
**£**
**13,340**
5,429|Total
funds
2024
£
5,429|
|---|---|---|
||||
Page 16
## **Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Notes to the financial statements For the year ended 31 March 2025**
## **6. Expenditure on raising funds**
## **Fundraising costs**
|**Unrestricted**
**funds**
**2025**
**£**
Fundraiser employment costs
15,375
Total 2024
15,989|**Total**
**funds**
**2025**
**£**
**15,375**
15,989|Total
funds
2024
£
15,989|
|---|---|---|
||||
## **7. 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
Destitution Fund payments
Amal Fund payments|**2025**
**£**
**681,561**
**12,035**
**41,749**
**16,949**
**13,436**
**13,532**
**1,331**
**3,498**
**2,313**
**4,750**
**15,055**
**2,114**
**8,053**
**3,127**
**2,724**
**707**
**1,167**
**3,910**
**13,660**
**1,165**
**842,836**|2024
£
543,348
38,554
34,254
14,680
18,191
10,931
4,806
4,141
4,326
4,320
9,562
2,347
6,958
1,360
2,766
1,655
116
1,303
12,456
250|
|---|---|---|
|||716,324|
Page 17
**Kent Refugee Action Network (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31 March 2025**
£492,925 of the expenditure on charitable activities was from unrestricted funds (2024 - £373,740) with £349,911 from restricted funds (2024 - £342,584)
## **8. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £3,960 (2024 - £3,600).
## **9. Staff costs**
|Wages and salaries
Social security costs
Contribution to defined contribution pension schemes|**2025**
**£**
**625,312**
**45,050**
**26,574**
**696,936**|2024
£
502,923
33,442
22,972|
|---|---|---|
||||
|||559,337|
During the year, a total of £nil (2024: £6,500) was paid in respect of termination payments.
The average number of persons employed by the Charity during the year was as follows:
||**2025**|2024|
|---|---|---|
|Staff|**32**|25|
No employee received remuneration amounting to more than £60,000 in either year.
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, £100 was reimbursed to one Trustee in their capacity as a Mentor (2024 - £nil) for the reimbursement of travel and mentors' expenses.
Page 18
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31 March 2025**
## **11. Tangible fixed assets**
|**Cost or valuation**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024
**12.**
**Debtors**
**Due within one year**
Education service line agreement debtors
Prepayments and accrued income
**13.**
**Current asset investments**
120 day notice account|**Fixtures and**
**fittings**
**£**
**7,360**
**-**
**7,360**
**7,360**
**-**
**7,360**
**-**
-||**Office**
**equipment**
**£**
**28,089**
**3,156**
**31,245**
**27,859**
**1,167**
**29,026**
**2,219**
230
**2025**
**£**
**-**
**957**
**957**
**2025**
**£**
**157,881**|**Total**
**£**
**35,449**
**3,156**|
|---|---|---|---|---|
|||||**38,605**|
|||||**35,219**
**1,167**|
|||||**36,386**|
|||||**2,219**|
|||||230|
|||||2024
£
48,852
1,146
49,998
As restated
2024
£
150,112|
Page 19
## **Kent Refugee Action Network (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31 March 2025**
## **14. Creditors: Amounts falling due within one year**
|Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 April 2024
Resources deferred during the year
Amounts released from previous periods|**2025**
**£**
**12,337**
**3,470**
**11,305**
**27,112**
**2025**
**£**
**-**
**6,555**
**-**
**6,555**|2024
£
10,350
3,066
4,320|
|---|---|---|
||||
|||17,736|
|||2024
£
-
-
-|
||||
|||-|
The deferred income represents income from the Education service level agreement relating to 2025-26.
Page 20
## **Kent Refugee Action Network (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2025**
## **15. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
Reserve account
**Designated funds**
Crowdfunder
Esmee
AB Charitable Trust Solidarity Fund
Outreach and Support
Tudor Trust
Virtual Schools Kent
John Swire 1989 Charitable Trust
Family Philanthropic Trust
KCC Afghan Workshop
People United
Tolkien Trust
Total Unrestricted funds
**Restricted funds**
Youth Activities
Big Lottery - Art
Destitution Fund
Kent Community Foundation
Children in Need
Act for Change Paul Hamlyn Foundation
Community Lottery
Lloyds Foundation
The Tolkien Trust
Bell Foundation
Nationwide
Colyer Fergusson
Philip and Connie Phillips Foundation
Bike Project
Bennelong Foundation
Hardy Family Foundation
CCC
Choose love
Esmee Fairbairn Foundation - OISC
National Lottery Heritage Fund
AB Charitable Trust- Solidarity Fund
CAF Keystone Fund
Civic Power
Cummins- Global Giving
Garfield Weston|**Balance at**
**31 March**
**2024**
**£**
41,608
16,376
1,254
-
1,258
35,967
51,513
17,154
33,934
-
-
-
199,064
**Balance at**
**31 March**
**2024**
**£**
2,010
1,776
86,879
-
(1,824)
31,329
-
16,450
12,650
-
1,898
30,000
-
280
(248)
-
1,165
-
5,300
9,920
-
-
-
-
-|**Income**
**£**
110,571
-
130,000
22,000
220
55,000
160,362
20,000
25,000
2,021
5,000
15,000
545,174
**Income**
**£**
-
-
9,736
11,000
29,305
44,000
69,000
2,500
-
10,542.00
-
-
7,000
3,241
10,000.00
5,000
-
20,000
-
-
3,835
30,000
30,000
41,399
20,000|**Expenditure**
**£**
(120,335)
(10,041)
(78,325)
(22,000)
(66)
(48,060)
(147,302)
(19,307)
(52,422)
(2,021)
(5,000)
(3,421)
(508,300)
**Expenditure**
**£**
(1,210)
(58)
(16,119)
(11,000)
(29,305)
(45,113)
(61,599)
(17,737)
(12,650)
(10,542)
(2,416)
(30,000)
(6,269)
(3,297)
(10,000)
(5,000)
(1,165)
(16,957)
-
(9,915)
(2,282)
(30,000)
-
(18,330)
-|**Transfers**
**in/out**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
**Transfers**
**in/out**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Balance at**
**31 March**
**2025**
**£**
31,844
6,335
52,929
-
1,412
42,907
64,573
17,847
6,512
-
-
11,579
235,938
**Balance at**
**31 March**
**2025**
**£**
800
1,718
80,496
-
(1,824)
30,216
7,401.00
1,213
-
-
(518)
-
731.00
224
(248)
-
-
3,043
5,300
5
1,553
-
30,000.00
23,069.00
20,000.00|
|---|---|---|---|---|---|
Page 21
## **Kent Refugee Action Network (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2025**
## **15. Statement of funds (continued)**
|Huguenot
Lawson Trust
National Lottery- Awards for All
KCF Care leavers small grants
Small grants project fund
Total Restricted funds
**Total of funds**|-
-
-
-
-
197,585
396,649|6,000
5,000
20,000
3,182
2,799
383,539
928,713|(6,000)
-
-
(2,373)
(574)
(349,911)
(858,211)|-
-
-
-
-
-
-|-
5,000.00
20,000.00
809.00
2,225.00
231,213
467,151|
|---|---|---|---|---|---|
## **Purposes of designated funds**
Crowdfunder Unrestricted funding designated towards Support team Esmee Fairbairn Foundation Unrestricted funding designated towards Advocacy & Support team Outreach and Support Funding towards advocacy and support outreach and activities AB Charitable Trust This is designated to covering the Charity's core costs Fund Tudor Trust A grant towards SMT and core staff team Virtual Schools Kent Educational Service Level Agreement John Swire 1989 Charitable An unrestricted donation designated to staffing costs Trust The Lawson Trust An unrestricted grant in the previous year, designated to staffing costs Ambassador Funds A collection of grants and donations designated to the work of our Youth Ambassadors Family Philanthropic Trust An unrestricted grant, designated to contribute towards core costs KCC Afghan Workshop Commissioned funding to run Afghan family workshops People United Designated funding towards support costs for partnership of work Tolkien Trust A donation designated towards Advocacy and Support services
## **Purposes of restricted funds**
Youth Activities 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 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 A grant restricted to the core staff team Children in Need Funding towards operations, administration and new CRM system Blagrave Trust Listening Fund This grant is restricted for Youth Ambassadors and the Youth Forum Act for Change Paul Hamlyn A restricted grant toward Communications, Media and Evidence and Impact staff costs Foundation 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 The Tolkien Trust A donation designated to the core staff team Bell Foundation Restricted funding for Learning for Life evaluation Nationwide This grant supports our housing support Colyer-Fergusson Charitable Supporting core running costs and learning for life activities Trust Sports England Grant for Cricket Project Philip and Connie Phillips Restricted grant towards Housing and Legal Caseworker Foundation Bike Project Donations to provide bikes and safety equipment to young people Bennelong Foundation Evidence & Impact and additional Youth Ambassador Hardy Family Foundation Restricted grant towards finance and administration costs Canterbury City Council Restricted grant towards supporting refugee and asylum seeking women and girls
Page 22
## **Kent Refugee Action Network (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2025**
## **15. Statement of funds (continued)**
## **Purposes of restricted funds (continued)**
|Choose Love|Restricted grant towards the Youth Ambassador Programme and core running costs|
|---|---|
|Esmee Fairbairn Foundation -|Restricted grants to provide OISC legal training for KRAN's Casework team|
|OISC||
|National Lottery Heritage Fund|Restricted grant for KRAN's Oral History project with the University of Kent|
|AB Charitable Trust- Solidarity|Restricted funding in response to the 2024 riots, to be used towards security and wellbeing|
|Fund||
|CAF Keystone Fund|Restricted funding for strengthening our organisational resilience|
|Civic Power|Restricted funding to enable KRAN to link with other likeminded organisations to create|
||systematic change|
|Cummins- Global Giving|Restricted funding for diversifying funding streams, Trainee programme, Women’s groups and|
||staff training|
|Garfield Weston|Restricted funding for core running costs|
|Huguenot|A restricted grant towards Youth Engagement staffing costs|
|Lawson Trust|Restricted funding for wellbeing activities|
|National Lottery- Awards for All|Restricted funding towards core running costs|
|KCF Care leavers small grants|Grants for individuals facilitated by KRAN|
|Small grants project fund|This fund is a group of grants and donations restricted to use on Arts Accreditation and Thanet|
||Women's Group activities|
The Children in Need, Nationwide and Bennelong Foundation restricted funds have a deficit at the year end, which are due to be covered by future funding.
## **Statement of funds - prior year**
|**Unrestricted funds**
Reserve account
**Designated funds**
Crowdfunder
Esmee
AB Charitable Trust
Outreach and Support
Tudor Trust
Virtual Schools Kent
John Swire 1989 Charitable Trust
Ambassador Funds
Family Philanthropic Trust
Total Unrestricted funds|**Balance at**
**1 April**
**2023**
**£**
23,194
44,489
79,163
1,331
2,371
36,174
15,640
20,000
2,273
-
224,635|**Income**
**£**
78,453
-
-
22,000
240
50,000
134,965
20,000
2,500
56,000
364,158|**Expenditure**
**£**
(82,448)
(5,704)
(77,909)
(23,331)
(1,353)
(50,207)
(99,092)
(22,846)
(4,773)
(22,066)
(389,729)|**Transfers**
**in/out**
**£**
22,409
(22,409)
-
-
-
-
-
-
-
-
-|**Balance at**
**31 March**
**2024**
**£**
41,608
16,376
1,254
-
1,258
35,967
51,513
17,154
-
33,934
199,064|
|---|---|---|---|---|---|
Page 23
## **Kent Refugee Action Network (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2025**
## **15. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Restricted funds**
Youth Activities
Big Lottery - Art
Destitution Fund
SCG Refugee Council
Kent Community Foundation
Children in Need
Blagrave Trust Listening Fund
Act for Change Paul Hamlyn Foundation
Community Lottery
Lloyds Foundation
The Tolkien Trust
Bell Foundation
Nationwide
Colyer Fergusson
Sports England
Philip and Connie Phillips Foundation
Bike Project
Bennelong Foundation
Hardy Family Foundation
CCC
Choose love
Esmee Fairbairn Foundation - OISC
National Lottery Heritage Fund
Total Restricted funds
**Total of funds**|**Balance at**
**1 April**
**2023**
**£**
2,198
1,787
90,351
9
2
4,290
-
33,542
19,302
24,054
13,737
569
21,450
40,000
598
11,833
1,418
15,000
-
-
-
-
-
280,140
504,775|**Income**
**£**
3,000
-
10,192
-
-
29,142
23,469
44,000
25,811
25,000
15,000
-
6,000
30,000
-
-
777
-
5,000
9,918
15,000
7,800
9,920
260,029
624,187|**Expenditure**
**£**
(3,188)
(11)
(13,664)
(9)
(2)
(35,256)
(23,469)
(46,213)
(45,113)
(32,604)
(16,087)
(569)
(25,552)
(40,000)
(598)
(11,833)
(1,915)
(15,248)
(5,000)
(8,753)
(15,000)
(2,500)
-
(342,584)
(732,313)|**Transfers**
**in/out**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Balance at**
**31 March**
**2024**
**£**
2,010
1,776
86,879
-
-
(1,824)
-
31,329.00
-
16,450
12,650
-
1,898.00
30,000
-
-
280
(248)
-
1,165
-
5,300
9,920
197,585
396,649|
|---|---|---|---|---|---|
Page 24
**Kent Refugee Action Network**
## **(A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31 March 2025**
## **16. 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**
**Analysis of net assets between funds - prior year**
Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
-
2,219
231,213
260,831
-
(27,112)
231,213
235,938
Restricted
funds
2024
Unrestricted
funds
2024
£
£
-
230
197,585
216,570
-
(17,736)
197,585
199,064|**Total**
**funds**
**2025**
**£**
**2,219**
**492,044**
**(27,112)**
**467,151**
Total
funds
2024
£
230
414,155
(17,736)
396,649|
|---|---|---|
## **17. Reconciliation of net movement in funds to net cash flow from operating activities**
|Net income/expenditure for the year (as per Statement of Financial
Activities)
**Adjustments for:**
Depreciation charges
Current asset investments income
Decrease/(increase) in debtors
(Decrease)/increase in creditors
**Net cash provided by/(used in) operating activities**|**2025**
**£**
**70,502**
**1,167**
**(7,769)**
**49,041**
**9,376**
**122,317**|2024
£
(108,126)
116
(112)
(21,378)
(17,395)
(146,895)|
|---|---|---|
Page 25
## **Kent Refugee Action Network**
## **(A company limited by guarantee)**
**Notes to the financial statements For the year ended 31 March 2025**
## **18. Analysis of cash and cash equivalents**
|Cash in hand
**Total cash and cash equivalents**|**2025**
**£**
**333,206**
**333,206**|2024
£
214,045|
|---|---|---|
||||
|||214,045|
## **19. Analysis of changes in net debt**
|Cash at bank and in hand
120 day notice account|**At 1 April**
**2024**
**£**
**214,045**
**150,112**
**364,157**|**Cash flows**
**£**
**119,161**
**7,769**
**126,930**|**At 31 March**
**2025**
**£**
**333,206**
**157,881**|
|---|---|---|---|
||||**491,087**|
## **20. Operating lease commitments**
At 31 March 2025 the Charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:
|Not later than 1 year
Later than 1 year and not later than 5 years|**2025**
**£**
**19,000**
**47,500**
**66,500**|2024
£
19,000
66,500|
|---|---|---|
||||
|||85,500|
## **21. Related party transactions**
Andrew Beard, husband of Trustee Caroline Beard, is an employee of Kent Refugee Action Network, and during the year he received a salary of £14,206 (2024: £5,258) and employer's pension contributions of £711 (2024: £190). At the balance sheet date there were no amounts outstanding (2024: £Nil).
Page 26