# ## ## ## ## ||||||Page| |---|---|---|---|---|---| |Trustees'
annual
report (incorporating|the director's||report)||| |Trustees'
responsibilities
statement|||||| |Independent
auditor's
report to the members|||||| |Consolidated
statement
offinancial
and expenditure
account)|activities|(including||income|14| |Balance sheet —Our Kids|||||14a| |Consolidated
balance sheet|||||15| |Statement
ofcash flows|||||16| |Notes to the consolidated
financial statements|||||17| ## ## ## ## ## |Reference|Reference|and admi|nistrative
d|nistrative
d|etails|||| |---|---|---|---|---|---|---|---|---| |Registered||charity|name||Our Kids|||| |Charity|registration||number||1109158|||| |Company||registration||number|5302575|||| |Principal
office|office and|||registered|2nd Floor - Parkgates
Bury New Road|||| ||||||Prestwich|||| ||||||Manchester|||| ||||||M25 OTL|||| |The trustees||||||||| ||||||Mrs M Steinberg|||| ||||||Mrs H Corn|||| ||||||SA Marks|||| |Auditor|||||Haffner Hoff||I td|| ||||||Accountants||&statutory|auditor| ||||||2nd Floor -|Parkgates||| ||||||Bury New Road|||| ||||||Prestwich|||| ||||||Manchester|||| ||||||M25 OTL|||| |Bankers|||||Nat West Bank Plc|||| ||||||64 Bury Old||Road|| ||||||Manchester|||| ||||||M8 5NW|||| ||||||Santander|UK Pic||| ||||||POD 38The||Green House|| ||||||Media City|UK||| ||||||Manchester|||| ||||||M50 2EQ|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Year ended 31 Decem|ber|2021||||| |---|---|---|---|---|---|---| |||||2021||2020| |||||Unrestricted||| |||||funds|Total funds|Total funds| ||||Note|||| |Income and endowments
Donations
and legacies
Other trading
activities
Investment
income|||5
6
7|166,581
14,603,394|166,581
14,603,394|67,896
15,013,634
9| |Total income||||14,769,975|14,769,975|15,081,539| |Expenditure||||||| |Expenditure
on raising funds:
Costs ofother trading
activities
Expenditure
on charitable
activities|||8
9,10|14,688,422
82,848|14,688,422
82,848|14,188,247
75,125| |Total expenditure||||14,771,270|14,771,270|14,263,372| |Net gains on investments||||2,875|2,875|| |Net income and net movement||in funds||1,580|1,580|818,167| |Reconciliation
offunds
Total funds brought
fonNard||||3,937,707|3,937,707|3,119,540| |Total funds carried forward||||3,939,287|3,939,287|3,937,707| ## ## ## ## |31 December 20|21||||| |---|---|---|---|---|---| ||||2021||2020| |||Note|||| |Fixed assets|||||| |Tangible fixed assets
Investments||18||2,805,358
852,875|2,811,982
400,000| |Current assets|||||| |Stocks||21|||| |Debtors||22|457,978||6,070| |Cash at bank and
in|hand||33,809||465,460| ||||491,787||471,530| |Creditors: amounts|falling due within one year|23|165,301||154,793| |Net current assets/(liabilities)||||326,486|316,737| |Total assets less current liabilities||||3,984,719|3,528,719| |Creditors: amounts
one year|falling due after more than|24||1,307,097|1,304,964| |Net assets||||2,677,622|2,223,755| |Funds ofthe charity|||||| |Unrestricted
funds:
Revaluation
reserve
Other unrestricted
income funds|||1,110,634
1,566,988||1,110,634
1,113,121| |Total unrestricted|funds||2,677,622||2,223,755| |Total charity funds||26||2,677,622|2,223,755| ## ## ## ## |31 December 20|21||||| |---|---|---|---|---|---| ||||2021||2020| |||Note|||| |Fixed assets
Tangible fixed assets
Investments||18||3,103,960
2,875|3,118,076| |||||3,106,835|3118,076| |Current assets
Stocks
Debtors
Cash at bank and
in|hand|21
22|5448 922
1,144,124
1,120,930||3,264,118
1,022,681
1,990,229| ||||7,713,976||6,277,028| |Creditors: amounts|falling due within one year|23|4262 422||3,623,417| |Net current assets||||3,451,554|2,653,611| |Total assets less current liabilities||||6,558,389|5,771,687| |Creditors: amounts
one year|falling due after more than|24||2,619,102|1,833,980| |Net assets||||3,939,287|3,937,707| |Funds ofthe charity|||||| |Unrestricted
funds:
Revaluation
reserve
Other unrestricted
income funds|||1,110,634
2,828,653||1,110,634
2,827,073| |Total unrestricted|funds||3,939,287||3,937,707| |Total charity funds||26||3,939,297|3,937,707| ## ## ## ## |Consolidated
Statement ofCash Fl
Year ended 31 December 2021|ows||| |---|---|---|---| |||2021|2020| ||||E| |Cash flows from operating
activities
Net income||1,580|818,167| |Adjustments
for:
Depreciation
oftangible
fixed assets
Net gains on investments
Other interest receivable and similar income
Accrued (income)/expenses||88,023
(2,875)
(27,693)|101,114
(9)
62,973| |Changes in:
Stocks
Trade and other debtors
Trade and other creditors||(2,184,804)
(121,443)
712,396|(976,215)
(444,974)
1,573,879| |Cash generated
from operations||(1,534,816)|1,134,935| |Interest received|||| |Net cash (used in)/from
operating
activities||(1,534,616)|1,134,944| |Cash flows from investing
activities
Purchase oftangible assets
Purchases
ofother investments
Proceeds from sale ofother investments||(?3,907)
(2,875)
2,875|(122,467)| |Net cash used
in investing
activities||(73,907)|(122,467)| |Cash flows from financing
activities
Proceeds from borrowings
Payments
offinance lease liabilities||739,424|425,832
(27,498)| |Net cash from financing
activities||739,424|398,334| |Net (decrease)/increase
in cash and cash
Cash and cash equivalents
at beginning|equivalents
ofyear|(869,299)
1,990,229|1,410,811
579,418| |Cash and cash equivalents
at end ofyear||1,120,930|1,990,229| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |ver the|useful economic
lif|e ofthat asset as follows:|e ofthat asset as follows:||| |---|---|---|---|---|---| |Freehold|Property|Property
improvements||are depreciated|at 5% in the| |||subsidiaries.|||| |Plant 8|machinery|15%reducing|balance||| |Fixtures 8 fittings
Motor Vehicles||15%straight
25% reducing|line
balance||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---| |||Funds|2021|Funds|2020| |Donations
Donations||166,581|166,581|56,896|56,896| |Grants
Job retention|scheme grants|||11,000|11,000| |||166,581|166,581|67,896|67,896| ## ## ## ## ## |Other|trading ac|tivities|||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2021|Funds|2020| |Arrow
Mill Management
Easygift Trading
Ltd|||Ltd|876,992
13,726,402|876,992
13,726,402|756,497
14,257,137|756,497
14,257,137| |||||14,603,394|14,603,394|15,013,634|15,013,634| ## ||||Unrestricted|Total|Funds|Unrestricted|Total|Funds| |---|---|---|---|---|---|---|---|---| ||||Funds||2021|Funds||2020| |||||||||F| |Bank|interest|receivable||||9||9| ## ## |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---|---| |||||Funds|2021|Funds|2020| |||||F||F|E| |Easygift Trading
Ltd
Arrow
Mill Management|||Ltd|13,847,643
840,779|13,847,643
840,779|13,448,677
739,570|13,448,677
739,570| |||||14,688,422|14,688,422|14,188,247|14,188,247| ## ## |||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---| |||Funds|2021|Funds|2020| |||P|||F| |Charitable
grants
Support costs||56,928
25,920|56,928
25,920|53,365
21,760|53,365
21,760| |||82,848|82,848|75,125|75,125| ## ## ## ## ||||Activities||||||| |---|---|---|---|---|---|---|---|---|---| ||||undertaken
directly|Grant
of|funding
activities
F|Support
costs|Total|funds
2021
f.|Total fund
2020
F| |Charitable
grants
Governance
costs|||7,604||49,324|25,920||56,928
25,920|54,626
20,499| ||||7,604||49,324|25,920||82,848|75,125| ## |11.|Analysis ofsupport cos|ts|||| |---|---|---|---|---|---| ||||Analysis of
support costs|Total 2021|Total 2020| ||General office
Governance
costs||25,920|25,920|1,261
20,500| ||||25,920|25,920|21,761| |12.|Analysis ofgrants||||| |||||2021|2020| ||Grants to institutions
Asser Bishvil Foundation
Grants under E2,000
Jewish
High
Toimchei Shabbos
Beis Tefilla
Kolyom Trust Limited
FFH Educational
Trust
Freida Cope Community
TLC Club
Broom
Maalas Hatorah
Chernobyl|Centre Trust||1,000
14,579
500
2,700
4,570
5,000
2,000
5,875
3,000
100|5,500
10,892
2,000
12,200
4,000
3,000
2,000| |||||39,324|39,592| ||Grants to individuals
Relief of Poverty|||10,000|5,000| ||Total grants|||49,324|44,592| ## ## ## ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |13.|Net gains on investments||||||||| |||||Unrestricted||Total Funds||Unrestricted|Total Funds| ||||||Funds||2021|Funds|2020| ||||||||E|E|E| ||Gains/(losses)
on investment|property|||2,875||2,875||| |14.|Net income||||||||| ||Net income is stated after charging/(crediting):|||||||2021|2020| |||||||||E|| ||Depreciation
oftangible
fixed
Foreign exchange differences|assets||||||88,023
(29,662)|101,114
(26,861)| |15.|Auditors
remuneration||||||||| |||||||||2021|2020| |||||||||E|E| ||Fees payable
for the audit of|the consolidated|||financial|statements||8,580|8,000| ||Fees payable
to the charity's
Other non-audit
services|auditor and||its associates||for other services:
2,640|||2,000| |16.|Staff costs||||||||| ||The total staff costs and employee||benefits for||the reporting||period are analysed as
2021||follows:
2020| |||||||||E|| ||Wages and salaries
Social security costs
Employer
contributions
to pension||plans|||||1,288,120
60,171
14,792|1,351,750
58,231
13,333| |||||||||1,363,083|1,423,314| |The average head count of employees
full-time
equivalent
employees
during|The average head count of employees
full-time
equivalent
employees
during|during
the year|the year was 57(2020:59).The average
is analysed as follows:
2021|the year was 57(2020:59).The average
is analysed as follows:
2021|number of
2020|number of
2020| |---|---|---|---|---|---|---| |||||No.|No.|| |Number
Number|of distribution
staff —Easygift
ofadministrative
staff - Arrow|Trading
Ltd
Mill Management
Ltd||46
11||48
11| |||||57||59| ## ## ## ## ## |Tangible fixed assets|||||| |---|---|---|---|---|---| ||Land and|Plant and|Fixtures and|Motor|| ||buildings|machinery|fittings|vehicles|Total| ||F||F|F|| |Cost|||||| |At 1 January 2021
Additions|2,873,099
48,662|239,541
19,587|503,743
5,658|35,998|3,652,381
73,907| |At 31 December 2021|2,921,761|259,128|509,401|35998|3726 288| |Depreciation
At 1 January 2021
Charge for the year|65,500
17,040|171,924
67,392|270,475
1,083|26,406
2,508|534,305
88,023| |At 31 December 2021|82,540|239,316|271,558|28,914|622,328| |Carrying
amount
At 31 December 2021|2,839,221|19,812|237,843|7,084|3,103,960| |At 31 December 2020|2,807,599|67,617|233,268|9,592|3,118,076| |
ubsidiaries
for the|
period ended 3|1 December 2021 is as det|ailed| |---|---|---|---| |Easygiff Trading|Ltd|Arrow
Mill Management|Ltd| |Turnover|F13,726,402|E858,659|| |Expenditure|f14,072,390|2847,305|| |Profit/(loss)|P(345,988)|f11,354|| ## ## ## ## ## ## ## ## ||remaining
amo|unt
is attrib|utable
to the charit|y.||| |---|---|---|---|---|---|---| |21.|Stocks|||||| ||||||2021|2020| ||Raw materials|and consumables|||5,448,922|3,264,118| ||All stocks are|attributable|to the subsidiaries|ofthe charity.||| |22.|Debtors|||||| ||||||2021|2020| ||||||E|F| ||Trade debtors
Prepayments
Other debtors|and accrued income|||621,662
177,905
344,557|914,395
102,218
6,068| ||||||1,144,124|1,022,681| ## ## ## ## |Creditors: amounts
falling due within one year||| |---|---|---| ||2021|2020| ||F|| |Bank loans and overdrafts
Trade creditors
Accruals and deferred
income
Social security and other taxes
Other creditors|1,745,458
1,837,157
123,053
465,940
90,814|900,648
1,858,208
150,746
531,563
182,252| ||4,262,422|3,623,417| ## |Credit|ors: amounts
falling due after more than|one year|| |---|---|---|---| |||2021|2020| |Bank
Other|loans and overdrafts
creditors|799,578
1,819,524|904,964
929,016| |||2,619,102|1,833,980| ## ## ## ## ## ## ## ## |titd|funds|||||| |---|---|---|---|---|---|---| |nresrce||At 01|||Gains and|At 31| |||Jan 2021|Income|Expenditure|losses|Dec 2021| |General funds
Revaluation
reserve||2,827,073
1,110,634|14,769,975|(14,771,270)|2,875|2,828,653
1,110,634| |||3,937,707|14,769,975|(14,771,270)|2,875|3,939,287| |||At 01
Jan 2020|Income|Expenditure|Gains and
losses|At 31
Dec2020| |||||E|F|| |General funds
Revaluation
reserve||2,008,906
1,110,634|15,081,539|(14,263,372)||2,827,073
1,110,634| |||3,119,540|15,051,539|(14,263,372i||3,937,707| |Analysis ofnet asset|s between funds||| |---|---|---|---| |||Unrestricted|Total Funds| |||Funds|2021| |||F|E| |Tangible
fixed assets
Current assets
Creditors less than
1 year
Creditors greater than
1 year||3,106,835
7,713,976
(4,277,422)
(2,604, 102)|3,106,835
7,713,976
(4,277,422)
(2,604,102)| |Net assets||3,939,287|3,939,287| |||Unrestricted|Total Funds| |||Funds|2020| |Tangible fixed assets
Current assets
Creditors less than
1
Creditors greater than|year
1 year|3,118,076
6,277,028
(3,623,417)
(1,833,980)|3,118,076
6,277,028
(3 623417)
(1,833,980)| |Net assets||3,937,707|3,937,707| ## ## ## ## ## ||||At||At| |---|---|---|---|---|---| ||||1 Jan 2021|Cash flows|31Dec 2021| |||||F|| |Cash
Debt
Debt|at bank and
in hand
due within one year
due after one year||1,990,229
(900,648)
(904,964)|(869,299)
(844,810)
105,386|1,120,930
(1,745,458)
(799,578)| ||||184,617|(1,606,723)|(1,424,106)| ## ##