THE KINGS HEDGES FAMILY SUPPORT PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 REGISTERED CHARrrY NO: 1107581
THE KINGS HEDGES FAMILY SUPPORT PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Contsnts Page Trustèes. Report ReFQrt of the Independent Examiner Slatement of Financial Activittes Balance Sheet Notes to Ihe financial ststements Charfty NuMr 1107581 Prlndpal Address Clo Brown's Field Youth and Communty Centre 318 Green End Road Cambridge CB4 1RU Independent Examlner Teresa Reynolds FMAAT A TJR Accounting Limiled 16a Loffield Street Orwell Royston SG8 5QT Bankers National Westrninster Bank pl¢
THE KINGS HEDGES FAMILY SUPPORT PROJECT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 Trustees S Lister (Chair) G Dew (Treasurer) S Davis (Secretary) M Coco L Khatun V Comwell N Wallis l Olsson The Trustees are r&elected annually at the AGM, unless they choose not to stsnd for re-election. All trustees above served throughout the year and Wre reappointed at the AGM on 16 November 2023 G Dew stood down as a trustee on 3 July 2024. Legal Status The charity is registered wth the Charity Commission, registration number 1107581. It was formed as an unincorporated aSKlatiOn under a constitution adopted on 17 March 2004. Objects The objects of the charity, for the benefft of children and families in Cambridgeshire, are: 1. To educate families and the public in better standards of childcare, armj in the importance of sound relations between parents arKI thildren for the maintenance and enrichnt of family life. and 2. The relief of povety and the provision of recreational f8cilities or other leisure time occupation in the interests of social welfare Vth the object of improving the conditions of lrfe of persons having need of these facilities by reason of their youth, povety, or social and economic circumstances. Flnanclal Revlew The financial accounts for the year ended 31 March 2024 are set out on pages 4 to 8. Funding received from the Cambridge Cty Council and other grant bodies together wsth local donors have enabled the Charity to continue its work in furtherance of its objects and the Trustees are confident that the Charity continues to manage its finances effectively.
THE KINGS HEDGES FAMILY SUPPORT PROJECT TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Achlevem•nts and Perforniance The charity operates over three days of the week for 50 weeks a year at three locations in North Cambridge providing valuable support to families in Arbury, Kings Hedges, East Chesterton and Abbey. Our vision that confident pantIng equals happier children continues to be our main goal. Our varied programme of support and activities has helped families in numerous ways including raising confidence, aWanesS and education in many aspects of their lives reducing isolation and encouraging community engagement. Our support and help provided to our families has continued to flourish and feedback as ever remains positive despite these challenging times. Our main achievements continue to be providing support in key areas such as child development, adult relationships. health issues. money concems mental health and housing. We also help families sourcing infomation on education and retuming to work, childcare options, budgeting and signposting them to additional sources of help from a variety of organisations. We have used families. feedback to create a wellbeing programme and leaming through play opportunities for children which parents can model at home. This is in addition to our drop in groups. We are now working dosely with Abbey People on a Monday through funding from a joint partnership bid Vth the Big Lottery. Reserves Pollcy The Charity seeks to hold a minimum of one monlh's overhead costs in reser¥e to ensure a controlled closure of its services in the unlikely event that this should prove necessary. As at 31 March 2024 we held a balance of £31,105 in unrestricted reserves. equivalent to around three month's expenses. Of this, £10,409 is held in a separate savings account and has teen put aside to cover any redundancy costs. The adequacy of this provision is reviewed on a regular basis and adjustrnents made vthere necessary. This has been show separately in the accounts as an unrestricted designated reserve. On behalf of the Board of Trustees: Ji44J Susan Lister Chair of Trustees
THE KINGS HEDGES FAMILY SUPPORT PROJECT INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 I report on the accounts of The Kings Hedges Family Support Project for the year ended 31 March 2024 whh are set out on pages 4 to 8. RESPECTIVE RESPONSIBIUTIES OF TRUSTEES AND EXAMINER The chaiitsvs tnjstees are responsible for the preparation of the accounts. The Charitys trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. - examine the accounts under section 145 of the Chartties Act, - to follow the procedures laid down in the general Directions given by the Charity Comrnission (under section 145(5){b) of the Charities Act, and - to state whether parttcular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examination was carried out in accordance with the General Directr)ns given by the Charity Commission. An examination indudes a review of the accounting records kept by the charty and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audtt. and consequently no opinion is given as to whether the accounts present a Irue and fair vievf and the report is limited to thos8 matters set out in the statement belovr. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination. no material matters have come to my attention which gives me cause to believe that in. any material respect.. - accounting records were not kept in accordance Vth s8Ctit)n 130 of the Charities Act or - the accounts do not accord with the accountirvJ records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Teresa Reold8 FMAAT A TJR Accounting Ltd 16a Loffield Street Orwell Royston SG85 Date: 1.10 102t
THE KINGS HEDGES FAMILY SUPPORT PROJECT STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2024 Unrestrictsd Restrlcted funds funds Other Total Total Nots 2024 2024 2024 2023 INCOME FROM: Donations 767 767 1,207 Charitable activities 124.001 124.001 116,853 Investments 286 286 75 Total Income 1,053 124.001 125.054 118.135 EXPENDITURE ON: Raising funds 9.811 9.811 8.903 Charitable activities 405 117.915 118,320 101.050 Total resources expended 405 127.726 128,131 109,953 Net incomel(expenditure) 648 {3.725) (3,077) 8,182 Transfer belween funds Net movement in funds 648 (3,725) (3.077) 8.182 Reconciliallon of funds Total funds brought forward 30,457 50.862 81,319 73.137 Totsl funds carried fo+ward 31.105 47.137 78.242 81,319
THE KINGS HEDGES FAPalLY SUPPORT PROJECT BALANCE SHEET AS AT 31 MARCH 2024 Unrestricted Restrfctsd Totsi funds funds Total 2024 2024 2024 2023 Current assets Cash at bank and in hand Debtors 31.105 49,121 80,226 78,819 2,500 Current Ilabilities Other creditors (1,984) (1.984) Net Assets 31,105 47,137 78.242 81,319 The funds of the charlty Restricted income funds 47.137 47,137 50,862 Unrestricted income funds - general reserves Unrestricted income funds - designated reserves 20,6g6 10,409 20,696 10,409 20,334 10,123 31.105 47.137 78,242 81,319 These financial statements were approved by the trustees on behalf by.. Ic& 2024 and signed on their JJJÉb Susan Lister Chair of Trustees
THE KINGS HEDGES FAMILY SUPPORT PROJECT NOTES TO THE ACCOUNTS FOR ThE YEAR ENDED 31 pACH 2024 1. PrlncEpal AGcourrtlng Pollcl•s "AccA)untiTrJ and Reportiw by chares. wt4ished Mi Mch 2005. A surThwry cOth• mai8rial wxJntrNJ FAeS aTr estimation tKhniques adoptsd Ba818 of pr•pwallon Fund •¢¢ountth4 The chanty mwntss uwestithd fu1 iewesentirrfJ unrestrid•J trl exFThlable. the diSt¥ets cé f0str¢t fur$. Incong rMour¢ s r&asonaLle assuraac• of re(iPL Exp•ndttur• olrectcharitsb 8xpendth relate5to exwnditure inomd th fvThment ofth8 c&i8cts oftr charity. Flxod As8•ts Doprgaation is PWDvbtsJ in orderto Wri off 8ach a11)¥ rts •StvrM useful Ire. 25% pa 2 Donatlon• 2024 Donations Easy FLw¥JraL%lrvJ 767 767 1.188 19 1207 767 767 2024 The 819 Lott Cambridge Clty Cwnol Grountyth UK ICOMK Sobdl FwfH1atic Gatheld Weston Cambridge Cornmunty FouTrJa St JaS Flace Pennin08 fvlancths Tru81 Coop Cfmmunty Fund Cambridge Aid Foundation ICAFI Carnbrhlga County CrJncl Groundwork T&s Pert)kkn Postct#J8 Lottery A Communty Rernernb8rs HL Rj B¥a¢on Lodge cam150$h1r0 CC hnove cUa Foyle FoUat*) AJnotd Cla Wooolvard Found R8use 48.386 48.386 rJ.e03 15,IKKI 15.CO) 22Nx) 10,730 10.730 10.IKKI 10.rm lo. 10.(XKs 10.(Th 10,IX 7.2 7,3ts) 4.[ 4,CO) 2. 2.5(KJ 1.710 1,710 1250 10.fxA) 10.tYJ) 14,C 15 1350 1.125 1.125 10.wo 750 124,(h)1 124.1 116,853
THE KINGS HEDGES FAMILY SUPPORT PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 4. Raising funds Unrestrlcts¢ Rostrlcted Total funds funds Total 2024 2024 2024 2023 Wages and National Insurance Employer Pension contributions Stationery, printing and office supplies 9.476 9.476 259 10 8,903 51 9.811 51 9.811 S. Charltsble a¢tlvitloS Total funds Other 2024 2024 2024 2023 Wages and Nation81 In$urance Rent Focxl vouchers and ernergency grants to famlltes Phone. Intemet arKI IT Insurance Groceries Employer pension ¢trIbutIOnS Professi¢)nal Fees Materials Stationèry. printing and office supF4ies Travd and vdunteer costs Staff training Equipment Special Projects - family actNit 82.153 13,403 2,370 2,263 1,4C 3.687 1.482 82,153 13,403 2,370 2,263 71.076 12,740 6,235 2,116 1,405 2,8C 3,687 1.482 Jii 1.589 1,589 2,945 312 433 1,258 312 1.737 153 4,476 117.915 1.737 153 4.476 118.320 377 934 101,050 405 6. Infomiatlon rngardlng employees and tnKte Totsl 2023 2024 Gross wag8S Employees national insurance Employerfs pension contributions 91.629 79.710 1,766 93.395 81.349 The averagè numbtr of empFoyees durirvj Ihe year was 10 (2023: 91 No employees received in excess of £60.CN)O during the year.
THE KINGS HEDGES FAMILY SUPPORT PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MPRCH 2024 7. Restrlct•d Funds Brought Forward Income Carrled Exp•ndlturn Forward The Big Lottery Penningtons Manches Charitsble Foundation Garfield We51on Sl James Place Foe Fjnd8li0n Beacon Lodge Amold Clark Children's Charity Week Cambridge Cty Counal Woodward Foundation Neighbourty fund Othgr small fuThYs and CallOnS Cambridge Foundation (CAF) GrOUndrIk UK {Comic Relbefj The Sobell Foundation Cambridge Communty Ftyjndation Evelyn Trust Coop Community Fund Cambritlge County Counc41 GrOundth Tesco PeO8S Poslcode Lottery A Communty Remember5 Histon Road 15.395 10,112 8,525 48.386 (50,300) (14,1121 (15.1971 (9.125) (3.9531 {1.1661 (1,000) 13.481 10.000 3,328 5.475 3.953 1.166 1,000 15.OC¥) (15.9881 17501 11281 12001 {1.4001 {7.8121 {2,2121 750 195 150 1,250 10.730 10.000 10.000 2.918 7.788 10.000 {2.5001 1,710 1200 1.125 SL)0 300 124.1 1,710 400 18001 12831 15001 13001 1127.7261 50.862 47,137 JI the funds above V*we received to supwt our famity SUPFQrt drop in5 for the wrp)ses as set cMJt in the grant agreements. Thos8 fvnds thal are shoviry as rPant at the year end will be carld fcThard and uuiwj during the year to 31 March 2025.