Ch*rity Regi5tratlon No. 1100045 Company Regl$tratlon No. 04607292 {FJNgl#nd Wales) KIDS FOR KIDS AIYNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
KIDS FOR KIDS LEGAL AND ADMIIYISTRATIVE INFORMATION Trustee5 Mr F D N Campailla Mr P H Doyle Ms N Giskc Mr A D Jenkins Mr A Kiiig-siiiilh Mrs P M Parker OBE, Chairma Mrs E A Suiion (Appointcd I l June 2021} IAppoint¢d I l Decembcr 20201 Charlty number 1100045 Company number 04607292 Regastered office 1-7 Station Road CTawley Wesl SiisS¢X RHIO IHT Indepcnd¢nt cxaminer Darreji Harding ACA FCCA DChA Richard Place Dobson Scrviccs Limited 1-7 Station Road Crawley W¢st Sussex RHIO IHT
KIDS FOR KIDS CONTENTS Page Chaiman's statn¢171 Trustees report Iiidependejil exaininevs rcport Siaienjeiit tsf fiiiancial activit¥es Elalancc shcct 13 Statem¢nt of cash flows 14 Notes lo the financial slaieit)enis
KIDS FOR KIDS CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 Kid5 for Kids honoured - After 20 yeArs ive have now reeelved offici81 recognition for the help ive provlde to ehildren iyho Ilve out of si%ht and thut of min(l. I was astounded to be aivaj'ded an OBE in thi5 year's Queen'$ Blrth(18y Honours List for the differene¢ Ive makc to the live5 of children in Darfur, a15n for the work I do in alerting ehildren elseivhere that not only do other$ their oivn face eonditlons of extreme hardship, but, most importAntly) that even the youngest can m8ke 8 difference. Teachers And parents tell rne that learning About Kids for Kids #nd the direet ways In which we improve children's lives long term has opened their eyes in a which they will never forRet. This year in Darfur: CoYld-19 has not Spared Darfur. or Klds for Klds. Wl)en I wrote iny report this timc last year we wcre in the middle of tli¢ pande]tc. Lockdowii affected lis all, both at work and at honie. New variants are ¢aiisingT cvcn more concern across tlie woi'ld and siidan i% not.%pared. In Darfur people continii¢ to contract wliat is Icferred to as a 'inyslery diseasc,. but in Darfui. liospitals lack any n)cttns of Iiraling people. We saw for oiirselyes Mcllil tl)at even tli¢ most basic In¢dical equipincnt is lacking. Thcrc is 110 liopc of oxygen or ventilators, oi. the diiigs 50 dcspcrately needcd to fi¥l)t Ilie viriis. Tliankfully villag¢s are isolalcd. bill the way of life in Darfiir Jncans Iliat they cannot avoid Ineetlt]bT in inarkels or in Ilie towns. In tlie citics it is cvcii worsc and that has affected all biisincsses. iinport5 and exporfs and of course travel. Tliere is no t¢sting in villagcs and cven if there was. no villager could consider payin¥ for a test wl)¢n thc fii'sl pi'ivrity Ilas been Ihc UlEent i)ecd to fccd thcir fainilies. Kids for Kids lias provided soap for every family in every onc of il)e l 01 villages we Iiave adoplcd. TliiE year we l)ave extended our help fiirtlici. aiid added six ncw coinmunitlC5 to Iliose already provided with all OUT projccts. incliiding soap. That means tliat oiir Soap Appeal continiics. There ar¢ faniilies lo wl)oin w¢ need to provsdc five bai's of soap eacl). Pr¢vention still appears to be tl)e bcst possible defence to tliis tettible viriis. But Covid is not thc worsi of Ilie probleins fointlics arc facing Iliis year. Hunkier is by fai. the biggcst tkn'eal. It Is dlffieult to cypres5 the extent of the needs in Darfur. which have combincd tlii5 year to creale tlie worst ever condilitsns I l)ave known ill tlie 20 years since we foundcd Kids foi. Kids. Inflation in Siidan is now appixTracliinbT 400/ - an iinpossible situation. Slioi'lages of basscs froin Incdicine to bread across tlic couiitry have led to fiirtl)er llprisings. The civilian Govci'ninent lias worked to addrcss en(leinic comiption, but violence l)as again ¢ipIed, partly caused by supportcrs of tlie foi'jner regiinc. and, in Darfur, worsened after tlic feai'ed withdrawal of UNAMID wlio. allliough never giv¢n Ili¢ mandate tliey needed to ensurc safety across the region, wcrc still helping to maintain peace and safety. Natural disastei'5 liave always cllallengcd life in Darfur but 2(} y¢ars ago drought was ¢y¢lical. PcoplL liad coping n)cchanisms. Years of violcnce affecting every village liav¢ put an end to that. Tli¢ vast IDP Ilnternatioilally Displaced P¢opl¢l cainps al'e a lon& temi Icn)inder of tlie extent of tl)at violcllce and Ilie terriblc toll it lias takcn ot) tl)e entire popiilation. Cliildi'en liave ¥rown up knowing no other life and ID tlic villages tl)at Iliey l)ad to fle¢, otlier children liave grown up b¢li¢viiig tliat those arc Ilicir l)omcs. Eacl) year sees even nior¢ cxtremes of heal. It is carly morning in El Fasher. tl)e regional capital, as I write and tlie tcinpcraturc is already over 3(Tr d¢grccs. Tlie haive5t last yeai., which slioiild have provided food and incoine for all of the year. was Icss than a quarter of wl)at was needed in many pgrls. Li)¢usts and otlicr sts caused further deprivatiot). The rain last year caine, biit flooding washed away Inuch of tl)e CTOPS. Many people lost ¢verything. Wlien your lioine is built of straw they CaDliOt wiil)slaiid torrential cind rclentles8 downpoui%. We maintain a fvnd for exceptional ci))ergcncies and during the year tliis also incliided helping fainilies wlio%c l)oiiscs were destroyed by fire in four of our villages. Wl)en everytliinLF is tind¢r dry, fjre is a Inajor risk and is a catastrophc. Kid5 for Kids will not let people down. Froin the start we have been determincd never to let a fainily in need down to wliom wc ht)ve offei'ed help. Our aiiii is to provide long- tCTtn siipport ¢0 families ignored by tlic rcst of tl)c world, out of sigjlit and forgotten, so that Il)¢ir Cliildrcn will liave tlic cliancc of a bcller future. Biit we also cannot sland by and scc pcople's assets destroyed aiid Ilicir childreii in necd. Wc continiie to believe tliat liclping pcople lo lielp tlJeii)sclvcs is Ilie best possible way to ensure tnie sustainabiliiy. Biit we liav¢ always kcpt a fuiid foi. IncrbTCIICICS. 11 is one of tl)c r¢ason5 we ask for Donations foi. Ilic Gi'ealest Need- soiiietim¢s it is water, sonictiin¢% goats, and stsii)eiiines too when tliere ui'gcnt help is needcd. It is i)ot easy. People, who alirady stressed and facinbF inany cl)allenges, Iiave lo work ¢vcii pag¢ I
KIDS FOR KIDS CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 harder to Jnakc tlie projects succeed. It takes tline to rear any aniinal foi. it to become #n assct. Our trees iniist be wat¢rcd for at least two years before tlicy arc strong enough to be prop¢rly droLight re5151ant. But thos¢ villagcs who riin the projects wcll arc 5trongcr, and families, becaiis¢ they arc not irlying exclLisivcly on the succcss of their crL>ps, liave additiot)al IEsources to help tl)em througli the liaidcst tinies. Not all faimilies su¢ceed. It is liai'd to leart) of a iiioil)ei'. at tlie bi aniiiial review when slie sliould b¢ passiiig on five liealihy goats lo anotlicr of tli¢ poorc51 faiiiilies in the village. having so few goats after 24 montlis that anoilier family cannot be l)elped. Tli¢ debt will IEiiiait), and Ilie Aniinal Lo8n Coinn)ittee will be asked to hclp hcT, bilt il is fiSt1.atig to find at tliat stage tl)at our goat loaii lias not been as prodiictive a5 wc liad hoped. However thi5 year. becaiise tlie rains went on for long¢r than usiial. thcy also ensured Ili¢ bcst gl'ass for years. We ar¢ not talkTng of the ri¢l) lusli pmsliircs I sec in Devon or Surr¢y of CQUTSC, but 'asS whicli lias Jiicanl that foT thc first lime in 20 years we have Iiad fainilics witli Ilie largest flocks I have known by the lime they needcd to pass on fivc i)anny goa to help at]otlier fainily. Flocks of ovcr 30 are exceptional and in many villages we visited to Sllpeivise tlie rolaiion of tli goats, this was the wclcoine ieport. Goats respond to conditions. Ill tiines of di'oiigl)t they will not drop their kids. 'fhis year. iiiany liAd twins. Such welcome news. Milk for the ehildTen, ai)d a hiigely enhanced illcoine for tl)eir motl)er5. Policies that stand the test of time Tlic cl)allcngcs of life in Dai'ftir are very differ¢Dt to anywlierc else it) the world. I ain not awarc of any other pcoples facing sucl) IElentless hardship. Y¢t aspirations arc thc saine tlie world over. Wc all sliare our love tsf oiir cl)ildr¢n and oi deterniination to bring thein up liappy, l)caltliy aiid willi every cllance of living a full and activc life. Fyoin Ilie stall it WHS obvious to ine that we n¢cdcd to listcn to faniilies and to learn froin them l)ow they livcd. and to try to idcntify ways wlii¢li woiild liclp thcin to iinprovc theiT OWI) lives by giving Iliein Ihc tools tliey needed- whetlier it was l)calth caiE, cdiication or a mcans to additional livelihoods- and, niosl iinportanily. to provide whatever training is nccded to give tliein Ilie best cliance possible of inakingF tliese additional ass¢ls irally work for tlicin. Our policy of training villagcrs to riin tlic projects tlieinselves. projccts tlicy have identified a% bcing tlie t111n$ that will Inak¢ tli¢ inosl differ¢n¢¢ long tciin, continues to ITansforni tlicir livcs, ¥iving cliildren tli¢ r¢al prospect of a bcltci. fiituir. By providing a packag¢ of basie essentials to individiial fainilics. from oui. goat loans to larin tools and mosqiiito nets, digging for watcr wlicirv¢J' possible, and tTailling voluntCCTS as inidwives, first aid workers and paravcts, we are transfoniitng tl)e lifc of Endividual fainilie5 at)d iInprovit)bl thc wliolc village. Lack ofkindcrgarten5 holds cl)ildi'en back. Th¢r¢ is v¢ry littl¢ childliood in Darfui.. Everyonc is necdcd to hclp a fainily survive. Tli¢ little nine year old wlio, back in 2001 only started scliool wl)en we installed our first handpilinp in liis village found s¢liool diffjcult. He was already ¢ariying a Inan's i'esponsibilities. Tlic wastcd years of l)is childhood wci'e bel)ind liim. At niiic he liad already bcen siippoi'ting liis fajnily thiDugh l)is lonely ¢ndl¢ss walks to fctcli watci.. It was l)e wlio Inad¢ in¢ i'ealise we liad lo try to biiild kindcrgail¢ns. l ain enormously gralefiil to th05C PCLiple recently wl)o llavc becoiiie Children, Champions. Tlieir gcn¢i'osity over three years means we will b¢ building two niore kindei'gartens in villag¢s wliere tliey liave been ninning our projects w¢ll. We build tlie scliool, we equip it, and il has your clioicc of naiL, biit tli¢y ar¢ owjicd by tl)e village and riin by a PTA tlic san)c as lierel But thcic arc differences too. In Abu Digeise whcrc wc biiilt oiir very rJiEt Kindei'garten, onc of our first beneficiai'ies continucs to give free bToat's Imilk lo ¢liildrei) in need in lier villaLFC. Sl)c was the poorest of tlie poor and now slic lias secn liei. own children grow up liealtliier. shc is Iiclping oihei's too. Slic is prolld to be able to l)clp oll)ers as she was Iiclpcd. Kids for Kids helping the children of Darfur by helping p8ople10 help thernseSves %WM.KIDS FOI page 2
KIDS FOR KIDS CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Inflation 15 Out of control in Sudan Wlien we weTe at last able to return to Darfiir last year oiir plan was to iEsuine oiii. bi-anniial visits lo rcnew our contacts. check on OUT pIDjects. and id¢ntify new ways in whi¢li wc coiild lielp. This all becanie iiiipossible as Covid-19 spread acr055 Ilie woi'ld. Darfilr is not spared. But an inability to go to Dai.fui' does not preveiit oiir continiiing to lielp. Thanks to tlie hard woi"k of oiii. leain it] Darftir, not jiist our Program1¢ Maiiagpcr Dr Salim Ahmed Salim aiid oiir Projcct Officcr HA$s9n Mehl$i bLIt a150 Ilie voliintccrs Adam Sebil and the members tsf tlie Steering Committee kcep inc inforincd on an altnost daily basis of coi)dilions, and how oiir projects are being iinpleincnted. I liavc dctailcd sprcadsheets with Statistics relating to ev¢Jy aspect of wl)at we provide. In a country wli¢i'¢ ¢orruption Ilas sadly been endeinic by t1105c who siippoi'tcd tlic prcyioiis regiin¢ I was dclcrn)ined to have 11?e ability to clicck cv¢rything. As li¢re, we liave ajiniial accoiinls and l an) plcascd that now officials from Ilie HumAnitai'ian Aid Commi5sinn, (HAC} Il)¢ Govemincnt of SILdan's deparlincrtt monitoring botli intcnialional c1nd local aid agencies, clicck in pcrsi)ti in oiir villages to ensiire that projc¢ts are iinplcinented a5 they shoiild be. Wc werc appalled to see for ourselvcs tl)e queiies foi bread and fucl and the sliocking sl)ortage and huge cost of even tli¢ most basic medicines wli¢n w¢ were theTe. Since tl)en inflation soared even Iiigl)er. It is officially over 170010 an iinpossiblc calwlation to try lo mitiglate. Every orgaiii5ation n¢cds to plan aliead but how could I commit to adopting a vill&¥c if I liad no id¢a if wo woiild l)ave the funds to kccp pacc willi bTralloping price inci'eases aci'oss everything froin goals to drillinbT for water? Tliankfiilly, in ils bid to liave sanctions liftcd the IMF reqiiired Siidan to devalue tlie Sudanes¢ pound. This lias i)0 impact on villagcis sadly whose daily desperate sttilggle to feed Ilicir fainilics lias bccn Ilic UTgent n¢cd every day for tlie entirc ycar- a yearwhen I liavc worricd Iiow to best help so ii)any liiingry cliildrcn- biit devaliiation Incatis tliat ndS I set)d tts K]iartOLIEn are woi'ih six liincs more than at the beginning of tlie yeai.. At last I could again coiiimit lo adopting new village5 and, becaiise of the nccd we announced we wolild adopt Gaivir. Ilillat Ann15, HillAt HAshab, TarturA Blrkat Jaro, Maagl# and Teital. Hope for more familie5 Each ycar l ani sent a list of Il)c villaL>es Iliat have askcd Kids for Kids to adopt thci11. It is a firiii agrccmcnt by boili sides. We disciiss cacli project in dclail, explaining exactly wliat we will provide and wlial thc villagc Illust do lo cnsiirc sustainability and maximuin Iiclp to boili the individiial faniily and to the village as a wliolc. Goat loans arc a loan to thc wl)ole villagc. biit cared for by ali indivtdiial f#ii)ily - if a bcnoficiary does not look aftcr thcir aniincils diiring Il)e two years of the loan Ilic Aniinal Loaii Coininiltce, wliicli we train. has Ilic aiitlioi'ity to pass tliem to anotl)ei' family in need. During tl)e two years howevei. the prodiicc - Inilk, yoghoiirl, eheesc bclonb to tlie family. After they have passed on the saine niiinbcr of LToats tliey Irc¢iv¢d, Ilie reinaining floLk is tl)¢i1s to keep. It is the same willi all aspccls of our support. EVYt1)illg is docuinented in thc Ktds for Kids Prujeet In]plementation Manuol and signed by ihc village leaders. I was told by tlie Coinini58ioncr of HAC tl)al Il)i5 is a iinique do¢iiinenl which he wislicd other organisations would copy, as it woiild ensuir tli¢ sustainability of pi'ojccts. It is Ilie detail and follow LIP of our tcrtm io make sure tliings are working. The selection of vill#gc5 15 perhaps tli¢118rdest thing for n)e to do. T]ie joy of the successfLII Icadcrs 15 immense, but the disappointnient of Il)osc wc canllot siipport t$ sotnething I find hard to deal with. So Iliat Ilicy do not go away empty handcd we provide mosquito lict5 to eacli villagc. Tliis is a big expensc cach y¢ar but witli malai'ia still IliL biggcsi killer in Africa wc know that even Iliis sinall support will sav¢ Ilie lives of inany cliildrcn. There are 6,883 people living in the six villages ive have adopted this year. The totAI numbcr of childi'en is 3,712. In these village5 alone 18 cliildren died- 6 from mnlArig, I from diarrhoea tlie rest from 'unknoJvn' illnesses. Children who are niglnourishcd are very vulnerAble. And i'emember, there is no lTr¢alth care in villages and medieines llre in desp¢rately short supply Acr05S the country. page 3
KIDS FOR KIDS CHAIRMAN'S STATEMENT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 ,1 Key supporters without whom Kid$ for Klds would be unable to work Voliint¢ers are wliy Kids for Kids l)as be¢n able to transfonn thc lives of so many people. thi5. our 2oih ycar, l am protid that our policy of adopting onc villagc, one family, at a lime, lias an)oiintcd to tl)ere now bcing 10() Kids for Kids villages in Darfur. Over half a Inillion pcople arc benefilting froin our projccts, projects alh¢il siinple, bAlC. Inany costing very little, but. ¢ombincd. the package- fi'oin liandpuinps and goats, to blankcls. basic liealth car¢ dnigs for botl) liiiiiTrans and animals. training of tir5t aid workers. It)idwive$ and paravels. farm tools, doiikey plouglis, Cliickens. donkcys. trees and more - has a drainatic in)pact on people. lifting tl)em out of poverty. It is tlie liaid work of the voluiitCCTS IM the villages thai inakes il work. Unlike otl)er chaTlties, wc never pay incentives. If a villag¢s wants our help they liave to voliinleei'_ and they do, in their liundreds. It is Iliis incrcdibl¢ spirit that pej'ineates oui. wondci'ful Kid5 foi. Kids, suppoficJE across Ilie world. In Kiiartouin Omer Shumeina And Hatim Abu Sineing contittiic to ensiirc our funds are safegiiarded and evcry penny vf thc ndS we send to Darfur. once I havc checked each projcet and autliorised Ilic cxpenditui'c. are docllmcnt¢d and accounted for. In the UK tliere arc Inoie voliinteeTS tlian I can list. froim M9ry Clark writing to tliank peoplc fordonating lo us tliroiigh Global Giving. lo Iliose loyal frieiids wlio Iiave joincd oiir suppoit groups in Siii'rcy aiid London. In Ainei'ica we have Ilic wondcrfiil siipport of Mary Jarte Kupsky wlio lias soinchow continued to help dc5Plte siiffcring for InontliE froin Long Covid. Behitid tlic s¢en¢s Matt Deubei't pnividcs us witli invaluable support kccpiiig our IT goin&. Pete Barclav ensiircs our database contsiiiies lo riin effjciciiily and this year Claire Atkin5 lias beet) working witli Charlotte Allum to design a new w¢bsiie for Kids for Kids. Rewriting and cliecking ¢verythinLTr for tliis vast job lias b¢cn iny re5poI)sihility and at limcs l adjnit I havc rcgretled Iny deterinination lo cli%ui'¢ cvcrylhing is detailed- it is a11118¢ iindcrlaking and very tllnc consuining, bul we are doing all we can lo launeh thc new site befoi'e tlie year's cnd. Key voliinteers arc olcoiirse our Tr115tees and I ain sad tliat Nadla Giske is having to step down. W¢ arc a very cohcsiv¢ and activc Boai'd. Nadia's cxperiencc of Sudan and hei. work willi bolli tlie UN and Ilie EU l)lls lielped Iier conii'ibutc to oiir Boai'd Tne¢tingis which we have bccii ablc to liold via Zooiii, de5Plte Nadi?£ being based on an island in Norway. Patrick Doyle a fonner Tiiistee wl)osc biisincss and family inlei'ests welcoiiie to yoiir i)cw little daiigliier Patri¢k Ineaiit l)c too liad to step down, ljas. Iniicli to my deliglit. Irjoined our Board. We are eiirirntly lioping to find another cotnimilled siipporter lo joiii oiir Hoai'd of Trnstc¢s. Ifyoi) are tnteiesied pleas¢ do contact n)c. In the5c days willi 50 illu¢li worrying news aboiil mzscondiict in otliei. bii8incsses and cli#Tltics it ].% important that we do all wc can to prevent prohleins. Indeed il l)as been OLlI' aiin froin Ilie stall. In Darfiii. evcii a sinall piDblcTn. for cxatnple a siinplc ¢ut, wtili no antiseptic oi. treatincnt, can become a cata5ti'oplie. Tliat is wliy wc fund oui. first aid woykcrs. In Ilie UK wc liavc piit iii plac¢ robust safegllai'ding and GDPR poliLiCS wliich w¢ ¢ontii)Iie 10 UPLTrade. WL liave a Risk Matrix wliicli wc clieck at cv¢ry Boaixl iiieeting which helps us maintain a walchfiil eye oil Lvcry aspect of Ilie cliai'ity page 4
KIDS FOR KIDS CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR EJVDED 31 MARCH 2021 l am ginleful lo tlie sinall teain lielping mc tliroiigh these difficult Inonths. 1 Iiave been fortunate tliat my 50n Ala5t&ir KIng-S1th wlio. as Tnistee, lias becn £2ble lo support all I do espc¢ially now that Robin Radelyffe is no longer witl) us. l am inordinal¢ly pix>iid tlial lic lia5 bcen appointed as Ainbassador to Albania lt l eannot Lielicvc lie will be able to devotc Imueli time as lie has done tliis y¢ar wl)i1st still in the UK wlien l)e dcparts in Seplcn)ber. However we have an a¢tive Bo#i'd of Tru51ees pliis I havc liad Iiclp diii'ing tlie year froTn a small teain of paTt tin)¢ assislants. l experimented witli inciYAsiJi8 Ilic niiinber in tile liopc tl)is woiild genci'atc morc fiit]ds. This was t)ot tlic cas¢ in Il)is diificiilt ¢liinate biit l am delightcd and rclieved tl)at Charlotte Allum, wl)osc work is cxceptjOJl£21, is conliiiiiing to SllPPOTt lis albcitjust one day a wc¢k. Lily Cainpb¢ll is a rcc¢nt I'ecruit. Slie l)as already Inade hcr mai'k and is a delight to wol'k willi. We now s¢ck a flirtli. PAIFut)dTais¢i', pliis it is tiine we looked for full tiinc lielp for Ine as CEO. We al'c tlicrefoir also recTUlting for a UtQ Opcratioiis Manager. If you know anyone k¢¢n lo help us makc even morc of a diffcrcnce in Darfiii. pleasc do let me know. A Year of Cballemges: Soap Appegl falls shorl The biggest challcnge throughout tl)c year lTras been tlie pandemic. If it is not conti'olled in Afi'ica the wliol¢ wtsrld will continue lo siiffer, yet tl)c richei. countt'ies. OEir own includcd, arc proteclinLTr thein5clves and givinuT little support to ¢OLltilrics that have inadequate lioal¢hcare. In Darfiir, tliere is no Possibility of trcatmenl or even diagnosis. Last year I reported tlic launch of our inassivc Soap Appeal. l ain enorinously pi'oiid of our teain in Sudan - we did what we aimcd to do- provided rivc hars of soap to every fainily in all oiir 100 villagcs. Bul the Appeal, altlioiigli it went well. only provided a third of tli¢ fiinds necded. The rest canie froin ourTcscrves. l ain continuillg to appeal for soap as a preventive to Covid tli¢ only one possible- for oiir six iiew villages. Fundr#15ing falls short WithoLII oiii. events and willi vii'liially no voliinteeiE availablc to help raise awareness of Kids for Kids, donations have been seeping away. I Iiave never worked so liaTd but our incoinc lias fallen a fiirther £1 l Q.814 coinpaied to Ili¢ last financial y¢ar, and Iliat too was dowii by £26.241 on the previous ycar. For oiir incoine io lose a Inassive £140,000 in two years is extremely Worlyin. aiid demonstrates tlic iinportanee of the Iiard work wc had biiilt up ovcr the years. Supportci's liave got old¢i', I l)avc not becn able to visit scliools and Rotai'y Cliibs and althoiigli T l)ave givcn as many PowcrPoit]t presenlAtions as I can- I have not hirned down onc invilalionl siipporters Iiave drift¢d away. Wc Iiave all Iiad so miich to face biit l atn worried. Despite doing all I call fo pllt oiir villages on the n)ap. Kids for Kids is still their only liope. Tlic new villages w¢ adoptcd this ycar all said they had nev¢i' rc¢e¥ved liclp of any kiiid fi'ojn anyone aiid two said wc were th¢ir fii%l cver Yisitois. Undei'standably voliinlecrs liavc not been cl)ecking on our collecting tins Ilial Iliey have PLII ii)to shops and now tliese seem lo Iiave di5appeaied. l ain p¢rsonally looking aftei. several and l ain extreinely &>rateftil to tliosc sliops and hairdressers wlio slill support Lis in tliis way. It is a siinple task to lake in a tin and replace it wlien il is full and a collecliiig tin eall oftcn produce £.30 biit even £5 is a bonus for us! I woiild be giateftil if you can lielp. It is siinplc lo ask yoiii. local newsagciil or liairdresscr to liave a collecting til), #nd tlicn to collect it periodically. Tlie news#gyciit in W¢sl¢otl i'iiii by Mi. nd Mr5 Sens Sathee$ivaren is Iny inost successful, providing over £10 cvery niontli. 11 Is dcliglit to V151t IlTrcni. But tl?ere arc few lins placcd Itow. VoliinteeTS have liad so iniicl) lo contend will) in tl)eii' own lives, but if you can help in tliis way I woiild be so deligl)Icd Just onL lin niakcs a diffcrence. Page 5
KIDS FOR KIDS CHAIRMAN'S STA TEMENT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Change in our Investment Poliey We liav¢ been looking at intercst rates for oui. Reserves. It has bcen our policy lip 10 now to invcst only in Bonds and Dcposit Aceounis whicli lia5 avoided all fccs and Cnsiired that we l)ave nevcr lost ai)y fund.% at all ii) the vagai'ies of tlie financial Jnarkei in its niany ups &iid down5. But rates are so low now. and in the loss of Robin wlio worked hard with me to identify tl)e bcst places to put oiir funds. tlie Board of Tnistees lias decidcd lo ask Rathbones and Tilbury to invcst oiir fiinds foj. lis attd yc8. this titne ivc will piit fiinds into eqiiiti¢s, but only inYestin&y elhieally. We will bc watcliing to see how Iliis policy con)pares over linie. Budgetlng Jvith ¢onfidenee 15 of PAramount ImportAnce to any organlsatlon. It is challenging in most years, becaiisc we rcly on individiials donations, and Ilic vast Jnajoi'ily are 5inglc donations. Biit tliis inakos my job of coinmirting lo provide hclp dirricult to calciilal¢. especially with tlic soaring iiiflation which conliniies in Sudan. I will not off¢r Iielp tl)en fjnd we do not l)avc tl)e fiinds to fulfil OLir proniises. Tliis is wliy Regular Glving is so in)portant. Every 5Jnall inontl)ly donation lias an iinpacl on niy ability to plan proj¢¢ls. Those wonderful, far sighted pcople wlio become Children's Champions arc more importaiit tlian I cai) Say in cjiabling Kids for Kids to conliniie to implcnienl oiir life changing projects. We arc dcsperalc for moir regular siipport lik¢ Iliis. froni sinall to large. It ha5 Iicver bect) Inor¢ iinporlaiit. Witli events iinpossiblc over the past two Ye'S oui. income f¢ll over £40.000. In soinc ways, tliis is a success coinpared to Inany otli. charities. but for lis tliat is tlie eqiiivalcnt of building a kiiidcTgarten, adopting a village. providing a siibinersible puinp or training 20 IMidwEves. Those arc life changinki thiii85 Iliat are lost. Planning ghead Each yeai. our budgct ext¢nds to those projects to wliich we ar¢ fully coinmitted. for exainple the ¢ommilinenl to provide oiir wliole integi'ated package of pi'ojects to oiir neiw stx vlllAges. and to plans lo provide furtlier projccts 511clI as kind¢rgartcns, licaltli cetstres and veterinary units and a inoringA plantation wliicli l ain deterit)iJicd to do, biit Cal0t coinmit to providijig as yet bccaus¢ of the Liiicertainly of getting siiffici¢nt fiinding. The Moringa Pi'oject is a dream of mine. MOrin5 air exlraoi"dinary trces. T]ioy grow quickly, providc shade, their leaves are ricl) in vitainin C biit, and this is wliy l Am so ¢xciled. ¢l)cir s¢cds l)ave tlie ability to purify watCT. Tliis is a technology iinknown as yct in Sudan. Just imag7ine if we coiild plant a Inoringa plantation in every village and people coiild liaive.%t tlie seeds to provide their cl)ildren with clcats wat¢r. This is a niiniiniim of a three ycar piDjcct not as yet contiacted, but wllich l ain hoping wc will bc able lo fiind in tlie conitng moiiths. There are many ways in whicli yoii can Iielp Kids for Kids. Birthday Celebrations Contlnue Celebiattng oiir 20y¢ars of l)elpillg cliildren in Darfur has been cliallenging. Resti'ictions on nuillbers and thc uncertainty of thc British weathcr has Inadc il almost ijnpossiblc to c¢l¢biale as we woiild liave wished. Challenge20 liowevcr Continues lo ask yoii all lo eclcbralc in your own way- a sponsoiEd ¢l)allengc involving 20 - froni coll¢LtingT 20 x 2n pencc (tliank you Anne Divyerl a Inilc a day for 20 days. to Charlotte Allum and AnnA Sambrook padille boardin down the Tlianies for 20 Jnilesl My ¢lialIcnc was inviting friends to lea T¢a for Twenty- lioping> lo i'ais¢ enoiigli for 20 goatsl I liad 10 people lo tea in Siirrey and Devon and I"Mised ovcr £2.000 froin woiiderftil generoiis fTicnds, Oiir 21 birtl)day 15 not until 8 Maj'cli next ycar, so there is still time for yoiir challeii¥c. l aim Iliinking of a Tipple for Twenty on¢c I am back oil nly feet after a hip rcplaccincni opcrationl Do coine. If you would likc to join iii please Ict Ine know wliat you arc doing. PHg¢ 6
KIDS FOR KIDS CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR EIVDED 31 MARCH2021 Covid Could not be Allojved to deprive us all of our ivonderful Candlelit Christmas Comeert. biil it bccaine apparcnt tlJat it woiild not be possible. or indeed wise, lo liold a 'live' event. Biil I wa5 detennincd wc Illllst not lose thc Inagic of seeing our fi'icnds. So Inany pcoplc coinc from so many different places. Inany froin overseas, wl)ich is wlEat inakes our Concert so meinorablc. Queen's Gate School rosc to tl)c cl1allene. The cliildrcn Slc ng Ilicir li¢ai'ls oiit ond werc TCCOI'ded. eacli of our wondcrfiil Patrons Inadc vidcos Ilicinselvcs of Ilicir Chrisliiilc s mcss1c ges and Readings, and thcii joincd us 'live' on the night. The Zooim In¢cling was huge. We caiiglit siglit of friends froin all over the world and wcre able to spcak lo tlicin. It was a fitting end to a year of ¢l)allenges. of friendsliip aci'oss so many miles, wanntli aiid love reaching oiil logethei. to llclp childrcn wlio arc still so v¢ry Iniicli in n¢od. Mrs P. M. Parker OBE- Tnistee Dorfiip. ts ut the for front of cliniale change- sap7dsloriJ7 ovei. (lie iiiarkel page 7
KIDS FOR KIDS TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2021 Thc tnistces piEseni their report and fiiiaii¢ial st#teTnent5 for Ihc ycar ciidcd 31 March 2021. Thc finaiicTral statement% have be¢n prepared til a¢¢ordancc with thc accoijnliiig policicb 5¢t oiil 11) l)ot¢ I to the finaiieial stalcmciits aiid coiiiply with the charity's Mtinorandum atsd Arti¢lc5 of As50cialioi), Ihc Coinpdiiics Atl 2006 atid"Accounting aiid Reporliiig by Charities.. Statcimciitof Rccoinjnended Pi?elice applicabl¢ 10 ehariiies prepaiijig theii'aecoiinrs iii #ccordaiice with the Fiiiancial Reporting Siaiidard applicablc in the UK aiJd Rcpiiblic of Treland IFRS 1021 lcffective l Jajiuaiy 20191 ObJe¢tlve5 and #elivitie5 Piiblic bthiefit All ¢h&riti¢s iii EiJgland and Wale5 miist have charitable aiins that are based oil providiiig piiblie bemefjl ai)d coimply Wlth scclion 4 of the Chariti¢s Acr 2011. The tt'LlStees huve Tegard to thc Charity Comini5sioiI's guidance oli piiblic benefit. Achlevements and performance Flngnclll rcvl¢w Reseryes policy It is thc policy of th¢ charity lo maiiitain sufficient rcscrycs to ensiire that thc charity cali sustain 0pci?tioi and fitlfil COi]llnilJnent$ 10 projects ai)d stuff foi. the cqiiivalciTrt of a ycar. As iiisiirajjce is iiot availablc foi. risks in Siidaji, Ihc trustees have allocated a furtheranioiiiitof TC5CTVCS to coversuch ev11uallIies. The Iiiislees have also Inade piDvision foT high inflJtioii by allocaling ali additional roniingency. Stru¢tur¢, gOVernaCe management Th¢ chdrity 15 controlled by its goveniing dociimciil, a Mcmoi?ndum and Articles of Association, and coiistitutes a liinited compaiiy, limiied by guaraiitee. as defined by thc Coinpanies Act 2006. The irii8te¢$. who 81¢ a150 Ihc director5 foi. the piiipose of COEnpany law, and who scjvcd diiring the ycar and up to Ilie date ol Slgnaliire of thc fiiiaiirial slal¢ni¢nls were.. Mr F D N Caihpailla Mr P H Doyle M5 N Gi5ke Mi. A D Jei)kins Mi. A Kiiig-siiiiih M13 P M Purkcr OBE, Chainnaii Mrs E A Sullon IAppoinled I l jul 2021) (Appoiiited I l Dec¢mbcT 20201 Tnistees are rtcviiiied eithei. as a rcsuli of pci'soiial recoinincndalion aiid irtlrodiicliots or following advcrii5cni¢ni of a v3cancy. Poletjtial tniste¢s urc uskcd to outlii)e how they believc Ihcy can contribule 10 ihe ¢hariiy's objectives and air inierviewed by Ihe Chdinndjl drtd al lea51 oiie other trustee. Thcy arc then iilvited to meet the other Tnistees aii(I to ubs¢rvc il B04r(I 1cct171gy prior 10 ai)y appointLn¢iit. Noiie of th¢ trubt¢¢b has Jny beneficial inteTesl iii thc con)pany. All of the ii'iistees aff intyi)bers of the Company ai)d guaTaiitc¢ to coi)tribulc a inaxiniun) of £1 O iii Ili¢ evcnt of a winding lip. Rlsk manAgemeiit The Ini8iees hav¢ a duty to idcntify aiid review thc risks 10 which the chaTity 15 exposed and to ensiire appTopriate coiitrols arc in place to providc rca5011able assiiraiice agaiijsl frdiid aiid error. Tnislecs have givet) consideratioii to thc Charities SORP I'Siat¢ment of RccoThiM¢i)ded Prnclice'l Coininiltc¢'s advie¢ in it5 piiblication 'Impli¢aiiunb of COVID-19 Control Measiiirs aiid Charity Fii)an¢iRI R¢poi1ii)g' aiid 10 Ihe risks arisiiig7 a5 a resiilt of Ihc Loroiiavirus pandeniic. The Charity is activcly tiioiiitoi'iiig aiid ihaiiagii)g tlic bittiutioii as it dcvclopb. Wc havc adaptcd our operations and considcr that thc Charity has adeqiiale r¢sciv¢s. Thi$ report has bccn prepaird in aceordance with ihc special provi$i()iis of Part 15 of Ihc CoThpanic5 Act 2006 Telating to sinall coinpai)ies. page 8
KIDS FOR KIDS TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH2021 The TTU5tecs rep011 was approved by tlie Boaiyl of Tn15te¢s. i fl•a- Mrs P M Parker OBE, Chairman TTL)Stcc •*J Di.firibiilioii of.¥oup conliiriie.f li) ihc iieiv villogrtf Sfoi. euclif&nJilJ' page 9
KIDS FOR KIDS INDEPENDELYT EXAMINER'S REPORT TO THE TRUSTEES OF KIDS FOR KIDS I report to the IE715tees on my exainiiiation of the fIn1claI stat¢m¢ntb of Ki(Is for Kids (the charity) for thc year ended 31 March 2021. ResponslbRlltles and basts of report As the trustees of thc charity land also ils directors for thc purposes of coinpai?y lawl yoii are T¢5P0115ible foT the preparation ofih¢ finaiicial 51at¢meiit5 in aCCoLalIce with the requircmcnls of the c0inpaiii Aci 200(? Iihe 2006 Act). Having 5atisficd Inyself that the finaiitial Stat¢1¢t5 of the chai'ity air iiol i'eqiiired to be aiiditcd iiiidcr Part 16 of Ilie 2006 Act yiid arc eligiblc foi. iiidepeiident exaJniiiaiioJJ, I rcport in i¢spe¢i of my exaiiiiiiatsoji of thc chaiÈty's fJJiaiJcial slatem¢iilS carricd oiil iin(Ici- seclioii 145 of the Charilics Act 2011 (the 201 l Acl}. In catryiiig oiit iny cxJininHlion I havc followed all thc applicabl¢ Directions given by thc Charity CominiSSiOII Iiiider s¢¢tion 14515llbl of th¢ 2011 Art. Independent examiner's stAtement Siiicc the chaTiIy's gross iiieojnc Cxceeded £250.OQO YOUT exaininer miist be a member of a body li%ted in.%ectioii 145 of thc 2011 Act. I cojifirm that 121n qiialified tv ui)dertakc Ihc cxaminalioii becaiise l aiii a meniber of Ji)stilllle of Charlei'ed Accountants in Eiigland and Wal¢s, which 15 011¢ of the listed bodies. K hJY¢ ¢oimp5el imy examiiiation. I confjmi that no matters hav¢ come to ]ny attci)tioii in coiu]cctioi) with thc cxamination giving in¢ cause 10 believe that in aiiy matcrial respect.. accoiinliiig records wcrc Jiot kept in r¢specl of the chai'ily as rcquircd by scetioji 386 of the 2006 Act: or the finaiicial stdlctnejiis do not a¢¢ord with Ihosc rccords. or the finaiicial siaieinents do not COTnply with the &ccouiiling requiirincnts of sc¢tioii 396 of th¢ 2006 Act olhcr than any requiY¢inei)t that thc account5 give a trLie &nd fair vicw which is not a matter ¢on8idered as part of an iiJdepend¢nt exajnlliarion, or the fjiiajieial slalcn)¢nt5 have iiot beeii prcparcd in accordance wilh Ihe inelhods and prin¢iples of the StAIWliwII ol Recoinnieiidcd Praelice for a¢coiFntiiig aiid rcpoiting by charities applicable lo cliarities prcpariiig Ihcir aecoiiiils in aceoTdancc with the Ftnaijcial Reporting Staiidard applicable iii the UK aiid Repilblic ot'Treland IFRS 102}. I havc no ¢ott¢enis and have come across no other rnatters in coiiti¢¢tion with th¢ ¢x8inittotioii to which atteLItiOli shoul(1 be drawn in this r¢port in ordei" to ¢]bIC a propel. understaijding of the fJiiaJJcial slaicjncnis lo b¢ rea¢hcd. DArren H#vding ACA FCCA T)ChA RichaTd Placc Dobsoii Scrviees Liinil¢d 1-7 Station Road Crawley West Susscx RHIO IHT Datcd.. page 10
KIDS FOR KIDS STATFMENT OF FINAIYCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EIVDED 31 MARCH 2021 Current flnaneithl year Unrestricted Unrestricted funds fuaids g¢nerxl de5ignAled 2021 2021 R¢$trlcted rund$ TotAI Totol 2021 2021 2020 Notes Income from.. Donations Fundraising aclivitics InvcsimeiitS 328,791 24,4(?0 7.224 148,807 477,598 24.460 7.224 396,414 56.794 8.783 TotAI Income 360.475 148.807 509,282 461,991 endlture on: C05t5 of 8eneratiiig voliintary income 42,491 42,491 42,443 ChaTltable activities Project work in Sudaii 184,373 109,098 172,583 466.054 591,517 Total ¢hArlt8ble e%peNditure 184.373 109,098 172.583 466,054 591.517 TotAI resources expended 226,864 109,098 172.583 508,545 633,960 Net Ineomingl(outgolng) resour¢e5 before tr*n$fers 133,611 1109.0981 123.7761 737 1171,9691 Gross li?nsfers beiweell fiinds 144,3721 44.372 Net incDrncl{exp¢ndlture) for the yeArl Net movement In fuNd5 89,239 164.7261 123,7761 737 1171.9691 Fuiid b21aii¢¢s at l April 2020 -135.232 698,56 24.376 1,058,174 1.230,143 Fund balances at 31 March 2021 424,471 633,840 600 1,058.911 1,058,174 The slatem¢nt of fiiiancial activities incliidcs all 8aiiis aiid1055es recogjiised in the year. All iiicorne aiid cxpcjjditure derivc froni conliiiiiijig a¢iivitits. The stalcmejii of fiiiaiicial aclivilie$ a150 coinplies with the r¢quiremeiils for an incoine and cxpciidihire acLount uiider the Companies Act 2QO6. pag¢ 11
KIDS FOR KIDS STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Prior financiAI yeAr Ullreslrictcd Unrestrlcted funds funds general deRignaled 2020 2020 Restricted fund5 Total 2020 2020 Notes In¢ome from: Donations Fundrdising a¢iiviiie$ Invesln)enis 298,260 56,794 8,783 98,154 396,414 56.794 8,783 Total In¢om¢ 363.837 98.154 4C)1.991 Ex endlture on.. Costs of gei)erating voliilltary income 42.443 42.443 Ch(Irit(Iblc aclivilie5 Proj¢ct work iii Siidaii 214,31 250.000 127.206 591.517 Total charitable expenditure 214,311 250,000 127,206 591,5 17 Total r¢sour¢e$ expendeil 256,754 250,000 127,206 6.13,96a N¢t fneomlnglloutgoingl re$ouree5 before tr8nsftrs 107,083 1250,0001 129,D521 1171.9691 Gr05S tfdnsfcrs behvcen funds 1103,0001 103,000 Net Ineomel(¢xp¢ndltur¢l for the yearl Nel movement funds 4.083 {147,0001 129.0521 1171.9691 Fiiiid balaiiccs at l April 2019 331,149 845,566 53,428 1,230,143 Fund h&lAiices ht JI Mgrth 2020 335,232 698,566 24,376 1.058,174 The statement of fLnaii¢ial activit1¢5 incliid¢s all Sai] aiid 108scs recognised in the year. All income aiid expeiidilui'e d¢rive fron) coiitiiiiiing dctiviti¢S. The slaten)e)Il of fii)ancial activities also complics with the requiremeiiis for ali iiicome and expeiiditure aceoiinl iirtder th¢ Compaiiic5 Act 26. page 12
KIDS FOR KIDS
BALANCE SHEET
AS AT 31 MARCH 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Current assets | |||||
| Debtors | 12 | 38,761 | 44,627 | ||
| Cash at bank and in hand | 1,234,354 | 1,288,196 | |||
| 1,273,115 | 1,332,823 | ||||
| Creditors: amounts falling due within one | |||||
| year | 13 | (214,204) | (274,649) | ||
| Net cu ITen t assets | 1,058,911 | 1,058,174 | |||
| Income funds | |||||
| Restricted funds | 14 | 600 | 24,376 | ||
| Unrestricted funds | |||||
| Designated funds | 15 | 633,840 | 698,566 | ||
| General unrestticted funds | 424,471 | 335,232 | |||
| 1,058,311 | 1,033,798 | ||||
| 1,058,911 | 1,058,174 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021.
The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a tme and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which othc1wise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Tmstees on .... 0 21 Mr FD N Campailla Mrs P M Parker OBE, Chairman Trustee Trustee
The financial statements were approved by the Tmstees on ....
Company Registration No. 04607292
page 13
KIDS FOR KIDS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Notes Cash flows from operfiting activitie5 Cash {absorb¢d byllgciicratcd fiDin opcralions 21 161,0661 66.793 Investing aetlvltles IIivc5tni¢iil iiicome re¢¢iv¢d 7,224 8.783 P4et cash gen¢rAt¢d from Inve$tlng Actlvltles 7,224 8.783 Ntt ¢#$h used flnoMclt)g a¢tlvltlts Nel (deer¢aseyln¢reasc In cash and cash equlvglellts 153,842} 75.57C) Cash and cash equiyaleiits at beginning of year 1.2118.196 1,212.620 Ca$h And cAsh equlvAlent5 at end of year 1,234.354 1.288,196 dr Villuge.Ic17nol- be[oie Kids.(or Kicl.f ' Kindeig(71'1eii - alieF' page 14
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIVDED 31 MARCH 2021 A¢¢oiinting poll¢les Charity informatio Kids fol. Kids is a pi'ivate company IiTnit¢d by guar#iit¢¢ inci>iyor&ted in Englaiid alid Walcs, coihpaiiy iiiimbcr 04607292. as well ¢hariiy registered iii Englaiid and Walcs, charity Jiiii)Iber I IQO(J45. and r¢cogni5cd itt Sudan as a charitable foiindatiOE). The r¢gi$i¢JYd olfice 1$ 1-7 Siarion Road. Crawlcy, Wcst SiisseK, RH IQ IHT. A¢countlng ¢onv¢ntlon The finaiiLial slalejnenis have been prcparcd in aCcolaliC¢ witli the cliai'ily's Meinoiindiim aiid Articles of As50cialion, the Coinpaiiies Act 2006 aiid"Accoiinliiig and Rcportiiig by Chaiilic5'. Staieii)eiil of Reconmicjidcd prCtice appli¢abl¢ to chai'ilies prepai'iiig theii. accouiits in accoTdance with the Fiiian¢ial RcpDrtiJig Sldndaiyl applicablc iij thc UK aiid Republic of I[eIld IFRS 1021 l¢ff¢ctive l January 20191" The ch2riiy 1$ a Piiblic Bcjicfit Entity as defined by fRS 102. Thc fijancial stalcjncjits arc prcparcd ill stcrlii)g. which is the ftijiclional CuencY of ihc ¢haL'ity. Monetary amoui)t5 in these financial statements are roiinded to the nearest £. The finaii¢ial SlaleTnei)15 hav¢ be¢E) prepared linder the hisiori¢>l Cost convci)tioJi. The principal &ccoutsting policies adopted ale bet out below. 1.2 Golng eoneern Ai thc liiiic of approviDg thc fiDaiicial btoteiM¢iits, the trustees have a reasonable expcctatioii that the ch8T2ly has adequate rcsoiirccs (o contiiiue iii opcrdlioiial cxislcntt for ihc forcsccable future. Thiis Ihc InistCC5 continue to adopt the going colleern basis of accoiinting in prepaiing the flilicial Statem115. 1.3 CliaritAble funds Thc Charity maintains a general iinreslricled fund that rcprescnts fiinds that are expendable a¢ the discr¢iion of Iht trustees in furiheraijce of the objects of the charity. Desigiiated fuiids are UlC5t[ctcd fuiid5 hcld iii thc UK or iii Siidaii that have bthi eamiarked for projeet ¢xpe]IditlllE in Sudaii 01 to mitigatc risks lo Ihc cffcclivc implcmcnlation of ptojcct5. R¢$tri¢ted futsds hilvc beeii piDvided lo thc charity for Pdrticular purposes, aiid it 1$ the policy of Ihc board of ttw5tee5 10 carcfiilly Ioni10r Iht appli¢alioi) vf these fund$ in d¢ci¥rddn¢e wilh Ihc restricliojis pldced upon theiii. Their 1.% iio formal policy of transfer between fiinds or on the allocation of fiinds to dcsi8JiHtcd fiinds. otheT thaii Ihal dcscribed abov¢. Any other proposed Iraiisfer betweeii funds would be Considered on theii. particular ¢ircumstanc¢s. Donutioll llicoinc i5 rccogiilscd at thc poinl thc eharity tcceive5 the incoine. Fiindi'diSlll¥ Iii¢Dme ib r¢¢ognid wh¢tL Ihc charity bccon)es legally entiil¢d lo ¢hc snromr aiid ihr rv¢nl lo which it r¢lal¢s has lakcll place. Invcstment income is recognised a$ it 1$ received. page 15
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH 2021 Accounting poll¢les 1.5 Expenditure Liabilities air Tecogijiscd as expcnditure as soon as (li¢re is a legal or coi)stTUCtiv¢ obligatioli COTninittiiig the ¢hariiy to that ¢xpen(littirc, tt is probablc that a Irai)sfer of e¢onoimi¢ bcncfit5 will bc rcqiiiicd iii scMl¢mciit uiid th¢ Jmouiil of the oblTgatioii cali bc mcasiiird Irliably. Expaidilure is atcoiiiiied for on an a¢¢nials bdsis anfl has tldssificd ui)der hcJdings that aggregate all cost related lo the eatcgory. Where costs caiiiiot be direcily aiiribiiied lo particiilar hcadiiigs Ihey have been allocated to activitie5 oll a ba515 consistent with th¢ lis¢ of resources. Costs of gcncrating fiind5 incliide office nii)iiiiig costs, as well as admiiiistralive eXpIseS and bookkeeping. Thcy also ittcliidc govemai)¢e Costs which air those cost5 as50ciatcd with ineeling the conslittilional and statutory rcquirCmlt5 of rhe charity. Charitable exp¢tiditUT¢ COlllPTiSC5 Ih05C Costs IllClllTed by the charity in the delivei'y ot. ils activities aiid services foT It5 bcntficiaries, as Ivcll as rosls relating lo th¢ tn15tees' visits lo nioiiitor alld cvaliiatc thc projccls. 1.0 TAngible fixed Ass¢ts Taiigible fixed asscls arc inilidlly measured ai ¢ost and 511b5eqiiently Inea&uird at cost or valuatioii. iiet of depreciation aixl any impairnicjit loss¢$. Dcprccia¢ion is recognised 50 as to writc off the cost orvaluatioii ofassets l¢ss Ih¢ir residual valii¢s ov¢r their iisehil livcs 011 the following ba&e&'. Compiiiers 330/0 on cost The gain or loss aiising on the dispo8al of ali asset i5 d¢tcrrniiicd a5 Ihc diffcrciicc bctwccii Ihc salc procc¢ds aiid ihe canyiiig valiic of thc assct. and is recogtiised in iicl iii¢oiDcllcLpcndiftircl for Ihc ycar. ItelS of les8 th8n £1,000 arc not capitalis¢d. 1.7 Cash c4sh ¢qulv#l¢nts Cash at balik alid cash in haiid tncliides cash aiid short tcrm highly liqiiid investnients with a short matiirily of thT¢¢ moiiih5 or less frojn the dale of acquisilioll or opening of Ihe depo$il or siihilar a¢couni. 1.8 FiNaThcial in5trument5 The cliarily only has fjiiaijcial asscts and liabilities of a kiiid that qualify as basic fiiian¢ial iiisttiiinenls. Basi¢ finaiicial Ln5tiumciits are initially recognised al Iraiisaelioji valu¢ aiid sub&cqiicnlSy Incasuicd al thcir seiilcmcnl valiic. 1.9 TAXAtio As a rc8iStcred charity. the company ts exempl froin iJicoin¢ ai)d corporaiion lax to Ihe exlciit ihai its in¢viMe and g3ins air applicable to chai'ilablc piiiposcs oiily. Value Added Tax is not re¢over8ble by the coinpai)y, 8iid is therefore incliided in thc rclcvant costs iii thc Stateiiieiit of Fii)aneial A¢liviii¢s. 1.10 En]ployee bcnefTrts Thc costb of shoit-tcrin cmploycc bcnefit5 reco81iised as a liability di)d uii GXPCIiS¢. Thc c05t of any 111111scd holiday entiilemenl is recogiiised iii the period iii which thc cmploycc's scrvices arc reccivcd. 1.11 Retlremettt beThefit$ Thc cliai'itablc conipaiiy opci'atC5 a dcfincd conti'ibiilioji p¢ii81011 $chem¥. Conlribiilioi18 payahlL (o the charitable COTnpany's pcnsion sch¢nie air charged to the Siatejiiejil of Finajicial Aelivilics iii Ihc pci'iod io which Ihcy rclalc. pag¢ 16
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR TIIE YEAR ENDED 31 MARCH 2021 Accountlng poll¢l¢$ 1.12 Foreign exehAnge Asscts and liabiliiies in foreign ¢utr¢nci¢5 are translated ii)to sterling al the Tates of exchaiige ruliiig at the balai)ce sheet dale. Transaclioiis iii forcigii ciirrencies art ti-aiislaied iiilo 51erliiig at thc ratc of cxchangc Nliiig at the datc of transactTOll. Excliang¢ differellccs arc lakcn into ac¢oiint iii arriving ¥t Ihc opcrdting rcsiilt. 1.13 Debtor5 Debtors are re¢ogt)is¢d at the 5cttlcmcnl amoiint diie. PIEpayments #r¢ v4lu¢d Ihc awnouiit prepaid. 1.14 Credltors Creditors aTf rccognisd where the charity has a prcscjil obligaiioii r¢siiliiiig from a past ¢vtiil th¥t will probably Irsiills t thc transfer (>f funds 10 a tliird party aiid thc ajnoiint diie to sellle the obligatloll Cllli bc Incu5UTcd or c5tiinat¢d reliably. Crcdilors are nornially re¢ogiii5cd at tlieir seltleineiit amouiit aftcr ullowijig for at)y discounts diie. 1.15 Wlndlng up Or di5s01ution of the ehfirhty If iipon winding lip oi. dissolutioii of the charity Ihcre remain any assets. after the batisfactioll of all dcbts and liabiliti¢s, the asscis r¢pres¢nled by the accuilliilatcd thnd shall b¢ transferre(I to soihc othcr charitablc body or bodie5 haviiig 5iinilar objects io the chai-iiy. Crlttcal aeeounting e5tirnate5 and Judgenients In the applicalioii of thc charity's accoiiiiting policics. thc Inistccs are reqiiired io make jiidgeniciils. estiinates aiid assiimptlollb that affcct thc amoiints report¢d for dsscls Jiid liabilities as al the balanc¢ sliect dalc and thc ainounts rcportcd foi. r¢v¢nues and cxpc115es duri)Ig the yeai.. Thc cstimaies aiid associated assuniplions arc bascd oil historical CXPCTicncc nd other fActO that air considcrcd to be iEl¢vani. Acthal rc5111t5 Enay differ from these e5tiiiiales. The csliinalcg and iiiiderlyiiig as5UrnPtions are reviewed oil an ongoing basts. R¢vi510115 to accounliiig eslimales are recogniscd in the period iii ivhi¢h thc c51imate 15 Tevi5ed where Ihc rcviston affects only that peiiod. or iii the period of (he rcvisioii aiid fiitiiir pei'iods where the revision affects both ciirrciit and fiihire periods. Managemeiit lia5 inadc assiiniptions and estiinutcd dcprcciation rates iii respect of showiiig d lrn¢ and fair view of the asseis at thc balaiicc shcet dat¢. DonAtlons Unreslrlcted runds general 2021 Restrltted fund5 Total Uiireslri¢led fiiiid5 gEII¢Fal 202 Total fiiiids 2021 2021 2020 2020 Doiidtion$ Gift aid 287,536 41.255 148,807 436,-143 41.255 245.307 52.953 98.154 343.461 52,95.1 page 17
KIDS FOR KIDS NOI'ES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Fundral$lng aellvldes Unr¢slvlct¢d Utjrcstricled fund$ ftijids gemerAI general 2021 2020 Fiindrdising eveiiis aiid other activities Social lotieii¢s 17,290 7.170 50,154 6,64 Fui)drai8ing a¢ttvitlCb 24.460 56,794 Investment$ Unrestrlcted Unrcslricled fiitjds gcii¢ral 2020 geNeYal 2021 Iiiterest reccivdblc 7.224 8,783 Co%ts of gcnerallng voluntAry ineome Unyestrlcted Uiireslricted fuijds g¢nerg1 2021 gwieral 2020 Fuiidi?isin Social lotteries inoiithly prizcs I,xoo 659 4,-300 602 19,288 18,253 Staff c05t Other fiindT1115ing costs 16,813 Fiindraisiii8 and publicity 42,491 42,443 42,491 42,44.3 paLFe 18
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDLD 31 MARCH2021 Charitable aetlvltles Project work Project ivork in Sudan in Sudan 2021 2020 Staff ¢ost$ Proj¢cl work ii) Siidan 71,256 350,808 57.864 469.408 422,afA 527.272 Share of support costs {see note 8) Shar¢ tsf gov¢n?ance c05t5 (see llote 81 40.825 -3.165 61,291 2,954 466,054 591,517 An#ly5is by fund Unrestricted funds- general Unrcstricted fiin¢ts- desigll4ttcd ResliY¢l¢d fund5 214.311 250,000 127,206 109,098 172.5113 466,054 591,517 Support costs Spport costs Govcrnanee ¢o$ts 2021 Siipporl costs Gov¢ii)aiice 051s 2020 Depre¢i8tiot) Gciicral office expenses Adrnin as515tanee iio 16.288 24.537 16,288 24,537 33,939 27.242 27,242 Aiidit fees Trustee cxpclcS 2,¥20 345 2.820 345 2.640 314 2,640 40.825 3,165 43,990 C)1.291 2.954 64.245 Goveniaiice costs iiicliidcs paymeiits lo the ittdep•i(l¢nt eKaniiner of £2.82012020- £2.6401 for iiidependeiit cxatniiiaiioii fees. Net nioveinent In funds 2021 2020 N¢1 niovcmciit in fiiiid5 15 slated afteT chargingllcTeditiiigl Indepet)denl examiiiaiioii fee5 Depreciatioii of owiicd tangible fjxed assets 2,820 2,640 page 19
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Truste No Inistee ha8 been wdid for 5crvic¢s as R trustee, biit the C.E.O. Ivho is also a Inisree has been paid for her $erv2ces as C.E.O. lolalling £96.16] 12020.. £73,799). Furthci. dctsils rcgai'ding this are iiicliided in nol¢ I l. Thc Irustcc's salary has been split bctWCCiJ C05t of charitable activities and gcneraiing ftjnds in a 3..1 raiio. Triistee5 expens¢s Expcjiscs rctjnbiirsed lo th¢ CEO, who is a150 a tiuslee. lolall¢d £18,50312020.. £18,621) duriDg the yEar. Expe115cs charged to the charity by th¢ tnistce5 iiicliide costs relating lo the trustccs programnie meetjiigs to inonitor and evaliiatc Ihc piDject5, pliis offjec cxpcnse$ in¢1111"ed by P. M. Parker OBE. who providcs office space at her homc as agr¢ed by the Charity Comjnissiotjers in 2007 of£13.000. Thc cost has iriiiaiiied the sanie for 14 years al £13.aoo12O20.. £]3,01. Thi5 has coiitiniied to save the charity from haviiig lo pay escalating coinmercial rale5 for officc accointnodatioii costs aiili s¢tvircs. li Employees The averag¢ monthly nuillber of eEnployccs diiriiig the year was: 2021 2020 Number Niirnber CEO Employment e05ts 2021 2020 Wage5 aiid salaTI¢S Social scciirity costs Othcr pcnsioji costs 111.599 9.828 3.048 65.719 8,080 3,353 94.475 77,152 page 20
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Einployees The Tjuslces. resoliilioii lo pay Mrs P. M. Parker, the CEO, a salary (disclosed above and in Jiote 101 was approved by the Charity ComnTris%ioi) in 2Q07. Thc Tiuslees delennii)td in October 2012 that replacingy tlie airrcnt CEO with 5011)coiie paid at fiill inarket iatcb woiild IrqiiiTe the cl)ai'ity to pay a package of beiwccii £90,000 aiid £125,000 al that tiii)c. i.c. an &vei?Ee of £107,500 per ye41'. pliis aJJ iiicrease for inflatioii. The cilent C.EO decided iiot to takc Ihc full rat¢ of salary allocatcd by the Trustees foi thc CEO'S pay, iii effecl eqiiivaleiii 10 a doiiatioii lo the cliarity of £50,000+ cach ycar. She is also puttiiig ii) worki1)¥ hoiirs fai. beyoi)d thosc cxpected of a nonn41 sHlaiicd cinploycc. withoiit overlitne payJneiit5. so the value lo the charity of her ¢oiitribiitioii 15 $18nificatiily iii cxtcss of this anioiint. The TiiJsl¢es sel the CF.O's level of salaiy aniiuully to ciisure Ihis sldys Ihc 5ain¢ in Iral lenns through ali adjiisin)eiii foi. inflaiioii b85¢d 01) thc goveniin¢iit's official Coi)siiincrPrice liidex figiircs. The CEO has choseii not lo take health in$iirai)ce or oth¢r b¢t)cfit5 fTom thr oharity. The Tiiislees havc dccided to pay Ihc CEO a pensioij ii) accoTdance with goveriinie?It policy. The Triistecs wish lo acknowledge thc CEO'8 exceptioiial ¢ontribiilion to the chai'ity. Her¥alary docs not reflect the hoiirs woi'ked. both paid and voluiiiary* in heT capacity as adininisiraior. project de&igiieT, Inanagci. and the pci'soii pi'iiicipally rcspon5ible for raisiiig dWdfe11¢s5. global advocacy and fundraisiiig iVOTldwidc. OtheT Ihaii salary and r¢laied co&ls, other paid woi'k duriii¥ the year was caiTied oiit by a paJ1-tiinc bookkeep¢r and three part-timc assislaiils. F¢¢s iirc also paid for website nminlenaiice aiid dc5igii. hostil)8 aiid Inaiiilaiiiiiig the database, ajid IT 5llPPOIt. Key management personnel The ch4rity has 01?e nieinbcr of key maiiageineiit pcrsonnel. Th¢ totttl employmcnt Costs of key maiiagemeiil personi)el wcir £96,161. Thc niimber of thploYcC5 whose aniiual reinuneratioii wa5 £60.0(K) or morc were.. 2021 Numb¢r 2020 Niimher £70,001 _ £80.000 £80,001 _ £90.000 12 Debtors 2021 2020 Amounts f4lllng due within one year: Gift Aid Due 38.761 44.627 13 Credltors.. gmounts falllng due iyithin one y¢Ar 2021 2020 Olh¢r iaxalioD aiid social sceiirity Olh¢r ciEdiiois and accrkicd cxpenses 11,2221 215,426 2.251 272.39 214,21)4 274,649 Tncliided witliiii accnials is £IOO,000 ts?t)sf¢rrcd over to Siidan. This transfer was wiihdrawj) fi.oin the UK bcfoir the year end bui t)ot rcccivcd in Sudaii ttll atler thc year end. p8gc21
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH 2021 14 Reslrieted funds The ii)Loinc fiijids ofihe ¢hdrily incliide Testricted fuii(Ib comprising th¢ followiiig iiii¢xpeiid¢d balance5 of donation5 and graiils hcld oli tiiist for specifJ¢ piiiposc5'. Movement in funds ]SAIRce al l April 20211 Reyaurcc% expee 31 March 2021 Animal Projects Walei. Proje¢lb Solar Laiil¢ni Internally Disp18ced Persons Edii¢i£ iioii fund. KijidaTI¢nS Midwives Ticc Project COVID-19- Soap Appeal 44.870 35,315 144,870} {35,3151 6(K) lQ,(K)O 4.693 6.000 10.055 I.OIK) 46,875 114,6931 117,1691 110,0551 13,6071 146,%751 2,607 24,376 148.808 {172.5841 600 MovemeNi In fllnds l April 20t9 expEnded 31 Mgrch 21b20 Ai]i1 Projects Walei. Projects. Solar Laiitm Internally Displ&ced PeiEoiis Educaiioii fiiDd, Kiiidei¥artcns Midwivcs Tree Projcct COVID-19- Soap Appeal 41.740 33.970 141,7401 133,9701 600 10,i]00 42,828 600 10,000 11,169 1,428 11.169 7.240 2.607 11.4281 142,8281 17,2401 2.607 53,428 98,154 1127.2061 24,376 page 22
KIDS FOR KIDS IYOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 14 Reslrlcted funds iijnal Pl'ojccts fiiiid rcprcs¢nls fiiiids specifi¢4lly donated for anin)al welfare. lllcliidillg the provision of pai?vcls, vctcriiiary dnig5 and aiiijnal hiisbaiidry traii)iiig as well a5 goat alld doiikey loans uiid thc provision of chickcns for the frail aiid eldcrly ai)d ci'ossbrcd donk¢ys. The latter arc 118ed by thc village n)idwivcs and fiT51 aid workcrs as they are faster and stronger. aiid to piill thc Wdrer Carts. gcjicral cartb, donkey ainbulances aiid school biisc5. The fiiiid also ineliides th¢ hyining of two Pdtavels iii each village wc adopt plS the Irainit]g of bciieficiai'icb 3nd the childiEn who carc foi. the goals after 5cliool, and a revolving vel¢rinary dTug fuiid in each villagc. The Watcr Pix>j¢¢l¥ fiind covers ftinds dot)atcd 5pccifi¢dlly foT the purposc of providi1 watcr in. or close lo. villagcs adopicd by Kids For Kids. This fiiiid in¢liidc5 haiidpiiinps dortaie(I by iiidividiials aiid fut)ds all(Kat¢d to IEpaiis of cxisting baiidpiimps. Addilioiial PTojecls included iii this fund ar¢ walcr taiiks. watcr caris Ipiilled by thc strongcr cjssbid doiik¢ybl and jerry can5. The latter is now iiee(Icd iirgenily by fdniilies ivho havc viittially no in¢oiMc. The SolilT Lanlelli fiiiid represeiits commilt¢d funds from iiidividualb lo bc iiscd to purcliasc Soldr Lai)t¢rn5 foT villagc5. Thc Iiilenially Displaccd Persons fiiiid is allocatcd to providi]Ig the basic e%s¢ntials for faii)ilies who ljave inoved 10 Ki(15 For Kids villages #lid settled penndneiiily. witli the p¢nnib5ion of the villd¥CS leadei% and Loininiiiiity, lo assist Ih¢in lo settlc aiid improvc IheiT 5t#ndard of living. Additiondl to the basic csscntials iv¢ will a150 aiim lo provide dll thcsc fainilies with goats and a donkcy. This y¢ai" we are fuiiding iwo villages lo which tDPs have Thov. Thcir was virtually IID infiTrslnicture orilcn15 providcd for iiidividual families. W¢ are theTefoir increasing ourprojccts to iiicliide kitehei) iilcnsils, n)OTC faiiniiig ¢qiiipm¢iit ajid other esscntial5. Thc Ediicalion Fiiiid. Kindergartens represents spe¢ific fiinds doJial¢d to cnable us to biiild and eqiiip kindergartcils iii r¢niote villages. Wc air Colninilled to biiildiJi8 two MOTC kiiideiEdrlcns in 202012021 with fiiither inslalim¢nt5 to be paid in the Iicxt 12 iiioiilhs. Soine costs have ij]crca5ed btca115e of lack of fuel aijd soariiig inflatioii. Midwives fiiiid repr¢seiits fiiiids donolcd for the training and cqiiippiiig of two village Inidwives aiid two fir.$t aid WOTkcT5 111 cach Kids for Kids village aiid ii) oiher villagcs. pliis kit for the latlei., aiid 2 revolviiig liiiimyn dilig schenie. Th¢Jr 15 no healih¢aTC provision in village5. Mat¢nial 4tiid iiifaiit mortaliiy iii irmotc villages iii Darfur is ainongst thc highest it) the world. The Trct PiY)ject fund r¢pr¢scnts fiinds provided to plant Iirc sccdliiigs of14 diffci'cnt speci¢.s of droiight resistant Irccs in coininiinily forcsts Igireii btlisl in a fivc year projccl pliis Ilic rehabilit#lioii of two cxi8liiig cominiiiiily foi'ests dnd th¢ planting of individiial trccs by oiir buildings iii vi112ges, pliLS fruit trees by individiial hoiises {hiilsl. Thc COVJD-19 SiY4p Appeal flliid 15 lllocated to the provision of 5 bars of soap to every family ii) th¢ 6 new villa8CS adopted by Kids foT Kids iii 2021. Despite a inajor appcal it was iiccessary 10 use our rc5erves lo coJi)plcie ihis piDject on time. ChildT¢li'S Champion5 are supportcrs who havc commiltcd to fiiiiding $pecific projccts for IhiE¢ years, The above figures ittclu(Ic this support p1115 oihcr indtvidiial onc off doiidlions. page 23
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMFNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 15 Dtstgngted funds Tlic income fiihds of the charity InclEid¢ the following de$i¥iiatcd ftinds which havc becn sel aside out ofunTe5trictcd fiinds by the trus1¢¢5 for Specific purposes.. BAIAn¢e Al Ro5011rce% expended frAn5fcr% IlfilAn¢e xi l Apiil 2020 RcsTrurfe5 exped R*lAn¢¢ t 31 Mmroh 2021 Projcct fund Contiiigency and Insurancc ftijid 745,566 1250,ODO) 103,000 598.566 I ia9,0981 44.372 533.840 loo,000 i 00,000 i 00,000 845,566 (250,0001 103,000 698.566 1109.0981 44.372 633.840 The tnislees have sei asidc a desigjialed fi]nif to take accoiint of pl#n5 for piDjcct cominilineiits l&llocaied oi. ¢ominiltedl the'Projcct Fiii)d'. Thi5 also ii)cliidcs provisioii foi. cincr81¢I¢$, Iinplanntd PTojects that Inay arise diiiiiig the year ahcad ajid inflatioji. Th¢ balaiice ill the fund at the cnd of the year is their besi estiinatc of thc nioral aiid l¢gal ¢oinn)itrneii15 to siich projects iii Ihe iicxt 12 Inoiiihs. The dc5ignaled 'Coiilingeney Fiilld. has been set aside to cover th¢ ab5eiice of insurancc and inoral responsibility for staff safety Til Darlur: susiaiiiability of operations and 5taffii)g. Thi5 LS Iii addttjQl1 to thc iii)reslricled rcsctves held to covcr a year of potciitial cost5 aiid obligatiolls to support Siisiainability of opciTrtioiis aiid slaffiii& a5 per thc Tnist¢e's I'ebcivcs policy. 16 Analy51s ¢bf net 11ss¢ts between funds Unre$trirted De51gnHled funds fund5 2021 2021 Restrieted funds 2021 Total 2021 Fiii)d balatLce5 at 31 March 2021 are TeprcsCJited by= Curtcnt 415setsl{liabilitiesl 335.969 698.566 24,376 1.058,911 335,969 698,566 24.376 1.058.911 Unre5ti'icted DeSlEiiated fLiiids 2n20 Resiri¢ied Funds 2020 Total 2020 2020 Fiiiid bal?nce5 al.I l Mdrch 2020 a reprebciitcd by.. aS5Ct51lltabililiesl 335.232 CI9B.566 24.376 1.058,174 -135.232 698,566 24.376 1,058.174 pag¢ 24
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMEI NTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 17 RelAttd party tr4nsactions There were iio related party transactions during the ycar12020- noiicl. olheT thali tliosc Ineiilioncd in iiot¢s 1 O aiid I l. 18 COVTD-19 At the reportIJl8 date COVID-19 ¢a115cd widc5PTea(I lockdowii Inedsure8 to bc iinpos¢d in the UK aiid worldwide. This ha5 resulted iii a reduciitsii in both supply and deiiiand in Ihc ¢coiioiny. It is iiot ClllTciIIIy possible 10 ¢5¢iinate Ilie iinpacl this will have on the fiitUTe fiiiaiicial resiilts of the chaiity. Management have asscssed Ihc inipact of COVID_19 oji the results reported for th¢ finailcial y¢ar cnded 31 MaTch 2021 and coiisidcr rhat all COVID-19 Irlatcd costs and cffects Iidvc becn reflectcd iii the accounts. 19 Addltlon41 fund8 allocated for on project A¢tlvlty Arnounts #llocated In 2020 2021: 2020121 Animal projects- 126 Crossbrcd doTikcys. 860 goals, 172 local donk¢y5, Chickeiis foi 500 cldcrly & frail pcople, 28 paravcls, veterijjaiy dTug5 Hcaltli c2re- Iraiiiiiig of 40 villagc inidwivc5. 20 First Aid Woikcrs, hiiii)an drugs Soap piY)je¢l 344 Blaiik¢tS 2 Kiiidcrgaitens 2 Health Ulllts 50,040 94,700 8,oaa 8,600 40,IKIO -io.000 231.340 All of the above amounts allocated in 2020-21 were 511bseqii¢iiily coinpl¢ied iii the ciirrciii year. The acttial amoLinl spcnt on proje¢¢5 in Sudan thi5 financial ycar is as staled iiiidcr charit¥blc acliviiics ¢05t5 on 20 AddllloNal funds eoninTritted to on proJc¢t aetivity 2021 15 Haiidpun)ps l O Rcpairs l year of 5 year Trer Project 95,000 5,00(J 2.500 102,500 Thc above amoiints are plan5 that have been conimiitcd for projects in Siidan, bill had not yet becn conlTaclcd OT speiit al the ycaT eiid dale. page 25
KIDS FOR KIDS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 21 Cash generated from op¢r#tlon8 2021 2020 SiiJplu51{deficiil for the year 737 1171.969} Adj1151nieiits for.. ILIV¢5tniciit ii)cotne rectsgni5cd in statcnient of fiiiancial activitics Deprcciatioii aiid itnpainneni of laiigible fixed ass¢1$ 17,2241 18.783} 109 Movein¢iits iii working capital.. Decrcaselliiicreascl iii debloTb {De¢rcasel/increa5e in ¢rcditors 5,866 160,4451 {3,3391 250,775 C#$h (absorbed byygenerated from oper&tlon5 161.0661 66.793 22 An#lv5is of eh#nges n¢t fund$ The chariiy hiid iio dcbt duri118 the year. 23 Charitable company ¢on$llllltion Kids For Kids is a coinpany limited by gL]arani¢e. The maxiiniiin coiitribiitioii, in the evenl of a wiiiding up, is £1 O per dircctorA)]cinber. page 26