##
##
|Reference and Administrative
Details|Reference and Administrative
Details|||
|---|---|---|---|
|Strategic Report||||
|Trustees'
Report|||3to 5|
|Statement
of Trustees'|Responsibilities|||
|Independent
Auditors'|Report||7to 10|
|Consolidated
Statement
of Financial||Activities||
|Consolidated
Balance|Sheet||12|
|Balance Sheet|||13|
|Consolidated
Statement ofCash Flows|||14|
|Notes to the Financial|Statements||15to 30|
|Chief Executive Office|Chief Executive Office|Chief Executive Office|Chief Executive Office|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Mr R Holmes||||||||||||
|lyustees||||||||||||
|Mr D Taylor,||Chair||||||||||
|Mr GThompson||||||||||||
|Mrs 3 Fardon||||||||||||
|Mrs R Brown||||||||||||
|Mrs C Buxton||||||||||||
|Secretary||||||Mrs L Rands||||||
|Principal|and registered|||office||Osborne|House|||||
|||||||47Snaithing||Lane||||
|||||||Sheffield||||||
|||||||5103LF||||||
|The charity||is incorporated|||in England and Wales.|||||||
|Company|Registration|||Number||5099069||||||
|Charily Registration|||Number|||1105460||||||
|Scotgsh Charffy Number||||||SC043119||||||
|Sogcltors||||||Knights pic||||||
|||||||Commercial||House||||
|||||||14Commercial|||Street|||
|||||||Sheffield||||||
|||||||Sl 2AT||||||
|Bankers||||||Lloyds Bank||pic||||
|||||||Church Street||||||
|||||||Sheffield||||||
|||||||Sl 1HP||||||
|Auditors||||||Landin
Wilcock|||8.Co|||
|||||||Chartered|Accountants|||A Registered|Auditors|
|||||||68Queen|Street|||||
|||||||Sheffield||||||
|||||||Sl 1WR||||||
##
##
|Strategic Report for the Y|Strategic Report for the Y|ear Ended 3|ear Ended 3|ear Ended 3|ear Ended 3|1 December 2021|1 December 2021|1 December 2021|1 December 2021|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The trustees, who are directors for the purposes of company||law, present||||their strategic report||||for the year ended 31||||||
|December 2021, in compliance
with s414C ofthe Companies|||Act 2006.|||||||||||||
|Achievements
and performance||||||||||||||||
|Key non-financial
performance
indicators||||||||||||||||
|The charitable
group uses the following as measures
ofsuccess:||||||||||||||||
|- Child activity hours||||||||||||||||
|—Health and safety data||||||||||||||||
|-Independent
parent reviews||||||||||||||||
|—Leaders trained||||||||||||||||
|-Membership
data||||||||||||||||
|-Staff and volunteer
performance
evaluations||||||||||||||||
|-Values and beliefs||||||||||||||||
|Going concern||||||||||||||||
|The trustees consider that there are no material|uncertainties||about|the||Charities'
ability to continue||||||as a going||concern.||
|Financial review||||||||||||||||
|The charity had a very successful
financial year|after the previous year's|||||Covid-affected
losses, with||||||a net profit of 6370.763,||||
|and reserves ot E686134. Reter to the Achvity Report
in the||trustees'||Report.||||||||||||
|Plans for the future||||||||||||||||
|As part of our annual
review and planning
process, we' ve||agreed an|||overall 2022 goal of staying||||||true||to our vision and|||
|mission as we grow by 102k Within
this goal we'|ve agreed|six|specific||objectives:|||||||||||
|1.
Ensure Kings Camps thrives||||||||||||||||
|2.
Satisfy Royal Navy contract and other third-party|||contracts|||||||||||||
|3.
Make franchising
a reality||||||||||||||||
|4,
Create future international
development
model||||||||||||||||
|5.
Strengthen
team||||||||||||||||
|6.
Financial
growth||||||||||||||||
|More speafically,
these objectives mean.||||||||||||||||
|Increasing
the number of children
benefitting|from attendance
on||||our camps by||||restoring|capacities back to
pre-||||||
|Covid levels and increasing
the number
ofweeks and venues||||||||||||||||
|Delivering
contracts and grants including
our|partnership|with the||RNRMC, and our commitment||||||||to|more young Carers|||
|attending
camps on subsidised
places —we will|ensure the|desired impacts||||||will be delivered||for beneficiaries
and that our||||||
|funding
partners are happy
with the progress of our delivery||||||||||||||||
|Providing
more subsidised
places via our Supporting
Families Programme,||||||||to make a difference|||to the lives of children|||||
|from a range of difficult or disadvantaged
family circumstances,
including|||||||financial||hardship,|terminal|||illness, bereavement|||
|and other challenging
family situations.
We will|ensure that|the process||||for awarding|||these places||is robust and equitable|||||
|Continuing
to explore partnerships
with local|organisations||to deliver|||Holiday and|||Food programmes||||to disadvantaged|||
|children||||||||||||||||
|Recommencing
our commitment
to children|in developing||nations||in order to progress our vision|||||||of|a world|where||
|children love being active. We will reconnect
with trusted||international||||partners who we have worked|||||||with previously|||
|— Strengthening
our staff team after significant|reductions|in|numbers||during|||Covid|to enable us to deliver our|||||objectives||
|and growth plan||||||||||||||||
|Continuing
our focus on the importance
of safeguarding||across all|||ofour|||work by strengthening||||our|team's|awareness||
|and knowledge
of policy and practice||||||||||||||||
|Principal risks and uncertainties||||||||||||||||
|The trustees monitor the organisation
disk register|and are committed||||to|ongoing updates,
ensuring||||||the highest||standards|of|
|management
ofthe charity for ak its stakeholders.||||||||||||||||
|The strotegic report was approved
by the trustees ofthe charity on!~.l~.!**.**.......and signed
..C..~m....||||||||||on its||behalf by:||||
|Mrs C Buxton||||||||||||||||
|Trustee||||||||||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Note|Unrestricted
funds|Resiricted
funds|Total
2021|
|---|---|---|---|---|---|
||||E|E||
|Income and Endowments|from:|||||
|Donations and legacies|||306||306|
|Grants received|||49.630||49,630|
|Chadtable
activities|||2,180,595|244,150|2,424,745|
|Investment
income|||102||102|
|Income from other trading|activities||51,333||51,333|
|Total Income|||2,281,966|244,150|2,526,116|
|Expenditure
on:||||||
|Raising funds|||(22,173)||(22, 173)|
|Charitable
activities|||2,027,560|105,620|2,133,180|
|Total Expenditure|||2,049,733|105,620|2,155,353|
|Net income/(expenditure)|for the year||232,233|138,530|370,763|
|Transfers between
funds|||244,282|244,282||
|Net movement
in funds|||476,515|(105,752)|370,763|
|Reconclgatlon
otfunds||||||
|Total funds brought
forward|||163,619|152,752|316,371|
|Total funds carried forward||18|640,134|47,000|687,134|
|||Note|Unrestricted
funds|Restricted
funds|Total
2020|
||||E||f|
|Income and Endowments|from:|||||
|Donations and legacies|||8,678||8,678|
|Grants received|||I91,948||191,948|
|Chaditable
activities|||733,837|78,397|812,234|
|Investment
income|||1,255||1,255|
|Income from other trading|activities||105,637||105,637|
|Total Income|||1,041,355|78,397|1,119,752|
|Expenditure
on:||||||
|Raising funds|||(99,904)||(99,904)|
|Charitable
activities|||(1,347,386)|l41,034)|i1,388,420)|
|Total Expenditure|||1,447,290|41,034|1,488,324|
|Net income/(expenditure)|for the year||(405,935)|37,363|(368,572)|
|Transfers between
funds|||115,389|115,389||
|Net movement
in funds|||(521,324)|152,752|(368,572)|
|Reconcgiatlon
offunds||||||
|Total funds brought
forward|||684,943||684,943|
|Total funds carried forward||18|163,619|152,752|316,371|
##
|||||Note|Total
2021|2020|
|---|---|---|---|---|---|---|
||||||5||
|Fixed assets|||||||
|Tangible assets||||11|32,655|53,384|
|Investments||||12|367|367|
||||||33,022|53.751|
|Current assets|||||||
|Stocks||||13|25,218|38,999|
|Debtors||||14|98,471|112,182|
|Cash at bank and||in|hand||703,960|462,232|
||||||827,649|613,413|
|Creditors: Amounts||faglng due within one year||15|(I73,537)|(350,793)|
|Net current|asseh||||654,112|262,620|
|Net assets|||||687,134|316,371|
|Funds ofthe|group:||||||
|Restricted income||funds|||47,000|152,752|
|Unrestricted|funds||||||
|Unrestricted|general||funds||640,134|163,619|
|Total funds|||||687,134|316,371|
##
|||||Note|Total
2021|2020|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|I'angible assets||||11|32,655|53,384|
|Investments||||12|369|369|
||||||33,024|53,753|
|Current assets|||||||
|Stocks||||13|25,217|38,999|
|Debtors||||14|88,624|106,649|
|Cash at bank and||in hand|||701,858|457,252|
||||||815,699|602,900|
|Creditors: Amounts|||falling due within ane year|15|(190,749)|(346,015)|
|Net cunent|assets||||624,950|256,885|
|Net assets|||||657 974|310638|
|Funds ofthe|group:||||||
|Restricted income||funds|||47,000|152,752|
|Unrestricted|tends||||||
|Unrestricted|general||funds||610,974|157,886|
|Total funds||||18|657,974|310,638|
##
||||Note|2021|2020|
|---|---|---|---|---|---|
||||||E|
|Cash flows from operating
activities||||||
|Net income||||370,763|(368,572)|
|Adjustments
to cash flows from|non-cash|Items||||
|Depreciation||||29,615|39,780|
|Investment
income||||(102)|(1,255)|
|Loss on disposal of tangible
fixed assets|||||1,749|
|||||400,276|(328,298)|
|Working capital adjustments||||||
|Decrease/(increase)
in stocks|||14|13,781|(24,669)|
|Decrease
in debtors|||15|13,711|87,000|
|Increase/(decrease)
in creditors|||16|( I//, 25/)|148,041|
|Net cash flows from operating|activities|||250,511|117,926|
|Cash flows from Investing
activities||||||
|Interest receivable and similar|income|||102|1,255|
|Invested
in current asset investments
Purchase oftangible
fixed assets
Net cash flows from investing
activities|||12|~8,885
~8.783|350,000
~18.034
333,221|
|Net increase
in cash and cash|equivalents|||241,728|215,295|
|Cash and cash equivalents
at|I January||21|462,232|246,937|
|Cash and cash equivalents
at|31 December||21|703,960|462,232|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations|from individuals|
|---|---|
|Grants||
|Coronavirus|Job Retention Scheme grant|
|Unrestricted
funds|Restricted
funds|Total||Total|
|---|---|---|---|---|
|General|Income|2021||2020|
|E|E|E||E|
|306|||306|8,678|
|2,470||2,470|||
|47.160||47,|160|191,948|
|49936||49|936|200 626|
##
|Unrestricted
funds|Restricted
funds|Total|Total|
|---|---|---|---|
|General|Income|2021|2020|
|E||E||
|2,180,595|244,150|2,424,745|812,234|
|2 180595|244 150|2,424,745|812234|
##
|Unrestricted|Restricted|||
|---|---|---|---|
|funds|funds|Total|Total|
|General||2021|2020|
|R|||E|
|51.333||51,333|105,637|
##
||||Activity
undertaken
directly|Activity
support
costs|Total
2021||Total
2020|
|---|---|---|---|---|---|---|---|
||||R|R||||
|Sports camps|UK||1,235,563|890,922|2,126,485||1,378,111|
|Overseas charitable||activities|648|47||695|4309|
||||1.236,211|890969|2 127|180|I 382420|
##
##
##
|Charitable
act|ivities exp|enditure|||||||
|---|---|---|---|---|---|---|---|---|
|||||Basis of
allocation|Unrestricted
funds|Restricted
funds|Total|Total|
||||||General||2021|2020|
||||||E|B|E|E|
|Premises costs||||Usage|151,559||151,559|111,611|
|Wages and salades||||Usage|622,902||622,902|632,136|
|Staff welfare and training||||Usage|8,507||8,507|7,708|
|Pdnting, postage and stationery||||Usage|2,683||2,683|2,072|
|Motor and travel||||Usage|38,286||38,286|27,770|
|Legal and professional||||Usage|22,995||22,995|32,605|
|Bank charges||||Usage|14,422||14,422|11,189|
|Depreciation|and loss on disposal|||Usage|29,615||29.615|41,529|
||||||890969||890,969|866 620|
|Support costs|allocated|to charitable|activities||||||
||||||Basis of
allocation|Sports
camps
UK|Overseas
charitable
activities|Total
2021|
|Legal costs|||||Usage|22,995||22,995|
|Staff costs|||||Usage|622,902||622,902|
|Premises costs|including|depreciation|||Usage|181,174||181,174|
|Other support|costs||||Usage|63,851|47|63,898|
|||||||890,922|47|890,969|
||||||Basis of
allocation|Sports
camps
UK|Overseas
charitable
activities|Total
2020|
|Legal costs|||||Usage|32,605||32,605|
|Staff costs|||||Usage|632,136||632,136|
|Premises costs including||depreciation|||Usage|153,140||153,140|
|Other support|costs||||Usage|48,649|90|48,739|
|||||||866530|90|866,620|
##
##
|Governance
costs||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|||
|||General|Income|2021|2020|
|||E|E|E||
|Audit fees||6000||6000|6000|
|7 Net Incoming/outgoing|resources for the year include:|||||
|2021|2020|
|---|---|
|E|E|
|29,615|41.529|
##
##
##
|The aggregate|payroll costs were as follows:|||
|---|---|---|---|
|||2021|2020|
||||E|
|Staff costs duding the year were:||||
|Wages and salaries||1,157,535|823,158|
|Social security|costs|70,536|60,297|
|Pension costs||64,530|38,051|
|||1,292,601|92'1.506|
|The monthly
average
num
year expressed as full-time|ber
of persons
(incl
equivalents
was as|uding
senior management
team) employ
follows:|ed
by the|group|during|the|
|---|---|---|---|---|---|---|
||||2021||2020||
|Head office||||16||24|
|Camp||||86||49|
|||||102||73|
|The number of employees|whose emoluments|fell within the following bands was:|||||
||||2021||2020||
|880,001 - 290,000|
|---|
|10
Auditors'
remuneration|
|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Audit|ofthe financial statements|||6,000|6,000|
|Other|non-audit|services|—payroll|5,841|4,834|
|||||11,841|10,834|
##
##
|~Grou|
|---|
|Cost|
|At
1 January
2021|
|Additions|
|Disposals|
|At 31 December 2021|
|Depreciation|
|Atl January
2021|
|Charge for the year|
|Eliminated
on disposals|
|At 31 December 2021|
|Net book value|
|At 31 December 2021|
|At 31 December 2020|
|Charl|
|---|
|Cost|
|At
1 January 2021|
|Additions|
|Disposals|
|At 31 December 2021|
|Depreciation|
|At
1 January
2021|
|Charge forthe year|
|Eliminated
on disposals|
|At 31 December 2021|
|Net book value|
|At 31 December 2021|
|At 31 December 2020|
|Furniture
and
eauipment|Sports
equipment|Total|
|---|---|---|
|R|||
|239,197|127,748|366,945|
|5,668|3,217|8,885|
|244,865|130,965|375,830|
|202,102|111,459|313,561|
|15,268|14,346|29,614|
|217,370|125,805|343,175|
|27,495|5,160|32,655|
|37,095|16,289|53,384|
|Furniture|||
|and
eauipment|Sports
equipment|Total|
|E|||
|239,197|127,748|366,945|
|5,668|3,217|8,885|
|244,865|130,965|375,830|
|202,102|111459|313,561|
|15,268|14,346|29,614|
|217,370|125,805|343,175|
|27,495|5 160|32,655|
|37,095|16,289|53,384|
##
##
|~Grou|||
|---|---|---|
||2021|2020|
||f|f|
|Other investments|367|367|
|Other investments|||
||Listed
investments|Total|
|Cost or Valuation|||
|At
1 January
2021|367|367|
|At 31 December 2021|367|367|
|Net book value|||
|At 31 December 2021|367|367|
|At 31 December 2020|367|367|
##
|~Chart||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f|f|
|Shares|in group undertakings|and participating|interests|2|2|
|Other|investments|||367|367|
|||||369|369|
|Shares|in group undertakings|and pakicipatlng|interests|||
|||||Subsidiary
undertakings|Total|
|Cost|Cost||
|---|---|---|
|At|1 January|2021|
|At|31 December 2021||
##
##
|Ot|her investments||||
|---|---|---|---|---|
|||Listed
investments|Total||
|Cost or Valuation|||||
|At|1 January
2021|367||367|
|At|31 December 2021|367||367|
|Net book value|||||
|At|31 December 2021|367||367|
|At|31 December 2020|367||367|
##
|||||||Proportion|of||
|---|---|---|---|---|---|---|---|---|
|Undertaking||||Country of
incorporation||voting rights
and shares||Principal
activity|
|||||||held|||
|||||||||The|
|The King's Foundation
Limited
f03145498)||Professional|Services|England and
Wales|Ordinary
shares|100/o||provision of
services to
the|
|||||||||childcare|
##
##
##
|||Group||Chadity||
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||E|E|E|E|
|Trade|debtors|10,057|5,657|210|124|
|Other|debtors|88,414|106,525|88,414|106,525|
|||98,471|112,182|88.624|106,649|
##
|15 Creditors: amounts
laging due within one yea|r||||
|---|---|---|---|---|
||Group||Charity||
||2021|2020|2021|2020|
||E|E|E||
|Trade creditors|47,905|64,454|47,905|63,959|
|Due from group undertakings|||23,138|3,583|
|Other taxation and sooal secunty|20,466|16,110|18,740|12,444|
|Accruals|105,166|270,229|100,966|266,029|
||173,537|350,793|190749|346.0]5|
##
##
|Other financial commitments
Premises rent 8car lease|||||
|---|---|---|---|---|
||Group||Charity||
||2021|2020|2021|2020|
||E|E|K|E|
|Not later than one year|62,811|57,001|62,811|57,001|
|Later than one year and not later than five years|212,996|193,314|212,996|193,314|
|Over five years|83,125|130,625|83,125|130,625|
||358932|380,940|358 932|380.940|
##
##
|~Grou||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at I
January 2021|incoming
resources|Resources
expended|Transfers|31
December|
||||||||2021|
||||||||E|
|Unrestricted|general|funds|163,619|2,281,966|(2,049.733)|244,282|640,134|
|Restricted|income|funds|152,752|244,150|105,620|244,282|47,000|
||||316,371|2,526 116|2,155353||687.134|
||||||||Balance at|
||||Balance at 1
January 2020|Incoming
resources|Resources
expended|Transfers|31
December|
||||||||2020|
||||||||f|
|Unrestricted|general|funds|684,943|1,041.355|(1,447,290)|(115,389)|163,619|
|Restricted|income|funds||78,397|41,034|115,389|152,752|
||||684.943|I 119.752|1.488.324||316.371|
|Charl||||||||
||||||||Balance at|
||||Balance at 1
January 2021|Incoming
resources|Resources
expended|Transfers|31
December|
||||||||2021|
||||||||E|
|Unrestricted|general|funds|157,886|2,236,366|(2,027,560)|244,282|610,974|
|Restricted|income|funds|152,752|244,150|105,620|244282|47,000|
||||310,638|2,480,516|2,133,180||657.974|
||||||||Balance at|
||||Balance at 1
January 2020|Incoming
resources|Resources
expended|Transfers|31
December|
||||||||2020|
||||||||E|
|Unrestricted|general|funds|569,976|1,050,685|(1,347,386)|(115,389)|157,886|
|Restricted|income|funds||78,397|41,034|115,389|152.752|
||||569,976|1,129,082|1,388,420||310.638|
##
##
##
|Garou|||||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|||funds|funds||
|||General||Total funds|
|||E||E|
|Tangible|fixed assets|32,655||32,655|
|Fixed asset investments||367||367|
|Current|assets|780,649|47,000|827,649|
|Current|liabilities|173,537||173,537|
|Total net assets||640,134|47,000|687 134|
|Charily|||||
|||Unrestricted|Restricted||
|||tends|funds||
|||General||Total funds|
|||f||E|
|Tangible|fixed assets|32,655||32,655|
|Fixed asset investments||369||369|
|Current|assets|768,699|47,000|815,699|
|Current|liabilities|190,749||190,749|
|Total net assets||610,974|47,000|657 974|
##
|~Grou||||||
|---|---|---|---|---|---|
||||At 1 January
2021|Cash flow|At 31
December
2021|
||||E|E|E|
|Cash|at bank and|in hand|462,232|241,728|703,960|
|Cash|and cash equivilents||462 232|241 728|703960|
##