REGisfERED COMPANY NUMBEL. 05981181 (England and Wales) REGIsfERED CHARrrY NUMBEK. 1117763 REPORT OF THE TRusfEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR KAIROS COMMUNrrY TRusr Carleys Statutory Auditor S￿Ond South The Fltted Rjgglng House The Historic Dwkyard Chatham ME4 4TZ KAIROS COMMUNrrY TRusr CONTENTS OF THE FINANCIAL sfATEMEKrs FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees I to 9 Report of the Independent Auditors 10 to 12 statement of Financial Activities 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the Finanaal Statements 16 to 26 KAIROS COMMUNrrY TRusf (REGIsfERED NUMBER: 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The tsustees who are also directors of the charity for the purposes of the Companies Act 2006, presert their report with the financial 5latements of the charity for the year ended 31 March 2025. The trustees have adoFted the provisions of Accwnting and Rep)rting by tharities.. &atement of Recommended practi￿ awlicable to charities preparing their accounts in accordan￿ wlth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effedjve l January 2019). OBJECtIVES AND ACtIvrtIES Objectives and aims Kair05 Community Trusf the 'lrust" has kept to its principal aim (outlined in its Memorandum of Arbdes of A55(Kiation) of worknng with homeless and di5advantsged ￿rson5, especialty those wth alcohol and dnjg related problem5. The trJst believes that the joumey to ￿COVery from dNgs and alcohol begins in a safe, secure envimnmenL The tN5t helps homele55 men arKI WOM￿ with drug and alcohol prcl)lems through ts abstinence-SUPPOrt hostel, rehabilitalion programme5, and of thirty 5UPPOrted 'Mov￿n, houses, most of whith are in south London. Core services provide: sober hostel accommodation, day programme rehabilitation, residential rehabilitation, SUPFL)rted h(MJ5ing, and aftercare. Eath SeN1￿ can be accessed separately or they can be ccKnbined to build individual pathways to recovery over a Feriod of time. All *Nices are delivered by experiencèj teams of qualified therapists, sU￿￿t worker5 and administrators. It offers a residential pmgramme of SUPFQrt at three levels - ￿5t￿et0X and asse55men( rthabilitation and MOv￿n houses. It emphaslses a communal style of living in all its houses. The trust offers three 5tage5 of care to its client group: Fjrst stage care 22 knnden Grove continues to be a registered hostel offering, with the cO￿peratIon and assistan￿ of Stsmhall Lane GP Practice, a programme of counselling and supwrt (post-detox). This a￿angement has been in operation for several years and offer5 a proven and ex￿lIent se￿1￿. Second stage - residentlal care 59 Bethwin Road continues to be a resldential care home offering a treatment programme of counselling and therapy for people with alcohcl and drug related problems. It obtslns funds from Social se￿iCe5 for those who benefit from the residentlal rehabilitstion [￿gramme. It is regulated by the Care tyality Commisslon, ccrfnplying with the section 20 regUlati￿S of the Health and k£ial Care Act 2008. Second stage - non-residential care (Garden Day Progrdmme) 66 Nunhead Lane provides a non-residential day programme to people in the community. The wogramme has established a strong focth4d in the communty, providing an ever-growlng Serv1￿ to th¢)se who cannot avail themselves of resId￿tial rehab. Third stage care Accommodation with added help and ￿pport is offered at this Stage. The number of Move-on h￿Se5 is now thirty, ￿ty-three of which are owned by Kair05, providing 192 LEds in t(rtal. It is through these residential prwerties that the charity c(￿tinueS to offer support during the extended period of rehabilitation of its residents. People coming into this stage of SUPFaNt are encouraged to pa￿cipate in the Kairos Aftwcare F*ogramme, which operates three days a W￿k. In setting the above obj'ettives and managing its activities the trusteas have given careful wnsideration to the Charity Commission's guidan￿ on Public Benefft. Public benefft The trust￿5 and directors have paid due regard to guidance issued by the ￿arity CoMmi￿10n in deoding what aLbvibes the trust should undertake and complied with the dijty in section 4 of the Chaiibes Act 2011. The tr￿Stee5 believe that the trust confomis readily to the public benefit reqUIrun￿ of the Charity Commission. The reason5 for this belief are our charitable obiertive: 'To work with homele55 and disadvantaged per9)n5, especially those with alcohol and drug related problems and otsing a residential programme of support at three levels - post-detox and a55e55men¢ rehabllltatlon and Movewon houses in a communal style of liwng environmenL" Page I KAIROS COMMUNrrY TRUST (REGisfERED NUMBER: 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OBJECtIVES AND AcrivrrIES Staffing, volunteers and placements The trust has ￿enty-eight full-time and eleven part-time staff, as well as nine peokle on the DWP Pemiitted Work scheme (working up to sixteen hours per week). The trust has ￿enty-twO sthrce-based volunteers, predominantly fonTEr Kairos semce users actively engaged in twelve-5tep recovery and keen to give bad< to the organisation. These volunteers link residents and paid staff and provide diverse support, from night shifts and Offi￿ dutie5 to Maintenan￿ and catwing. VoluTrtee￿ can pursue a Diploma in Health and Social Care and may tran5ttion to become paid 5tsff, testament to our ethos of growth and mutual support. The thjst also has sixteen placement counsellors from varied academic institutions. They work acmss the organisation, opwating from Lind￿ Grove abstinen￿ suptK)rt h05tel, Bethwin road residential rehab, the Prisoner Response Move-on progrdmme in Bren[ and the six counsellor5 dedicated to R￿ry commUn￿e5 pmgramme in Southwark. These pla￿rnent counsellors are suppx)rt￿ by experienced Kairos supeNsors. All staff and volunteers are DBS validated. Extemally providejj safeguarding training 15 mandatory for Worke￿ across Kairos. swice5, including volunteer5, and refreshed every two years. Our goveming ￿dY is a Trust and the organisation is manag&Y and monitored by TnJ5tees, independent volurteers from the community. Page 2 KAIROS COMMUNrrY TRUST (REGisfERED NUMBER: 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 srRATEGIC REPORT Achievements and pwforniance Charitable activibes The trust continues to develop its Se￿ICeS to homeless pecyle th addlthon-related problems. Kairos has a 'pathways' servi￿, startrng with wst-detrjx at Linden Grove (first stage), followed by either the C(K-registered residential rehabilitation at Bethwin Road or the nLY)-residential Ganlen Day Programme at Nunhead Lane (second stage), and then prcgressing to suppO￿￿d Movtron accomrThJdation (third stage) in one of its thirty houses. The A￿care Pr(yJramme further supports individuals in preparing for independent livirwj. Across the trl￿'S abstinen￿ support hostel, residential and day programme and aftercare treatmert seThices, 65% of participants successfully completed treatment in 2024-25. National figure5 for FY 2024-25 have not ￿ be￿ putlished (as of October 2025). However, as a benchmarf this compare5 eX￿ptiOnal￿ favourably to the 47010 successful Completi(￿ rate for those exiting drug and alcohol treaknent Servi￿ acr055 En9iand in 2023-24 (offi￿ for Heath Improvement & Disparities, Adult Substan￿ misuse treatment Statistics 2023 to 2024: rewrL last accessed October 2025). This is evidenced in the breakdown of dient stotisbc5 the year, as follow5.' Llnden Gn>ve 2024-25 90 admitted159 completed (2023-24 102 admittedl68 completed) Bethwln Road 2024-25 43 admltted123 completed (2023-24 33 admittedl24 completed) arden Da _P.roAramme 2024-25 40 admittedl28 completed (2023-24 35 admltted123 completed) Aftercare 2024-25 57 admittedl41 completed (2023-24 48 admittedl34 completed) Move-on Ac&o_mmo_¢_atlon 2024-25 146 moved Inl129 moved out (2023-24 171 moved in/162 moved out) Achievemejts thls year, satisfying last yeavs targets and objectives: - E4)ught a house in Blakemore Road (Lambeth borough), whlch Is a second women's house, In July 2024 - Bought a house in Rossiter Road (Wandsworth borough) to repla￿ St Ann's cre￿nt in June 2025 - Trustee Away Day was held on 6th June 2025 - Kairos CLxJnselling (one-trone counselling sessions available for 24 weeks) was established with a very successful first year - Nunhead Psychotherdpy Group (30-w￿k group therapy) was set up with kn very successful cohorts, to date - Funding from Caerlow Tru￿ for: - Partially tunded positions for ￿ female support workers for two women's houses - Replacement of fumiture Funding to train and vcAuntws for Diploma in Heamh and s￿la1 Care - ￿ system upjrade at head offi - Initiation of independert review and upxlate of Kairos Poliaes, beginning with suite of safeguarding poficies - Bethwin Road residential rehab sbuggled during COVID; ￿ is now consistently aptyoaching (Apaaty - Completion of new Residen￿ HandbcK)k for Movtron houses The bijstees vvish to put on record their thanks to their loyal and hardwothng staff and to all those who volunteer their time in many different Gipacibes. Financial review Financial position The trusvs principal source5 of inc(¥ne continue to be housing benefrt, Suworting PeoFde funding and residential care home fee5, a5 well as fvnds raised from activitie5 and appeal& Together these enable it to prowde care and rehabilitation, mainly on a residential basis, to its cllent group, thu5 fvlfilh'ng its thaiitable alms. All the trusvs assets are used directty or Indirectly in furthering its charitable puy. Page 3 KAIROS COMMUNrrY TRusf (REGIsfERED NUMBER; 05981181) REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REpoirr Principal risks and uncertainties The trustees have reviewed the risks inherent In the acbvibes of the trust. These include: - The possibility of a significant change in public poliq that could drastically reduce its main Sour￿ of income. - Risk related to Complian￿ and regulatory requiremats. - Risk a￿O￿ated with ongoing MaIrtenan￿ ne&ts to keep its freehold property to a g￿ld standard. - Inhe￿nt rtsks artsing from teing a pewle-based organisabon. Additional key risks faced by the trust are: Potential for fraud and error: mitigated through segregation of dubes, intemal o)ntrols and financial policie5. IT arising from en￿rgIng technolLyJies '. mitigated by (MJ150urcing ￿ 5ecurty management. In view of these risks the trustees have res0￿ to seek to move towards retaining a balan￿ in the general fund of at least £500,000. Page 4 KAIROS COMMUNrrY TRusf (REGisfERED NUMBER: 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT Financial and risk management objectives and pollcles Risk Mitigation The following key risks have been id￿tified. Funding and finanaal stability .' the trust would be direcuy impatted by wder govemmert policy shifts that negalivety impact funding for ￿￿j51￿g I￿ne frt and S￿la1 services provLfjlon. The trust's approath includes diversifi￿ funding streams. In additron to housing benefit and SLKial Se￿1￿ funding, its F￿*-detOX day programmes (Aftercare; Garden Day Pmgramme) and ￿Idential rehabilitation faciliti￿ at Bethwin Road accetrt SeN1￿ users from the wider community. To ftjnd specific projects, a wider fu￿ling base is pursual: for example, the organisation 15 Colla￿rating with the LorKlon Borough of southwa￿ to establish additional therapeutic and SLKial activibes that support individuals. wellbeingi Caertow Trust funding has gjpported ￿rnItUre repla￿￿ent, training inibatives and partly-fvnded support worker5 for women's houses; The National Lottery Community Fund has funded two supwjrt workers over a three-year peric*J for the Kairos Prisoner Respon￿ proiett in North London. The Trustee5 periodically a55e55 COStS to ensure Kairos Communty Tnjst remains efficient and cost-effective. Compliance and Regulatory rlsk . the trust is direcuy impactgj by regulatory (hange5, suth as those related to CQC ac(yeditstion (as held by the Bethwin Road residential rehabilitation Cent￿), Health and Safety legislation, the Charty Commission and requirements fo r Htyjses of Multiple Occupancy (HMOS). The trust mltlgates this risk by woviding ongolng staff training and superyi9Cfft to ensure Complian￿ wlth current regulation and standards, as demonstrated in reskK)nse to thanges to the CQC framework In January 2024. Regular managers, meeting are held be￿ business units and the charitys Director, who also convenes regulady wth Trust￿. complian￿ monitt￿ing and reporting are in pla￿ to ensure that appropriate stakeholders are fijlly infomed and up-trdate with regulatrry requlrements and their ￿lfilmenL The Organisati￿ Is audited annually by extemal audttors and operates in accordan￿ with poliaes and prc￿dU￿S ratified by the Trustees. staffing.. Kalros Community Trust is a peopltrbased ow*ion with an experien￿ and committed long-temi WorkfC￿. The WOr￿orce is (me of the organisation's strengths iNJt also poses potential risks such as when members of this worf00r￿ approach retlrement. If this c(curs simutsneously across buslness units there ts a risk that the organisation's character and ethos could be negatively affected. However, Kalros has a robJst operational and strategic structure th strong valuesollowing it to manage such or similar periods (suth as Instan￿ of hjng-term illness) effedively. Kairos Communty Trust is proud trj suppcrt the development of ￿nty-￿ vcAunteers across our charity. However, thi5 also carries the risk of over-reliance on volunteers, who do not have the same obligations, worknng hours or noti￿ perio(ts as paid staff. These volunteers M￿st be appropyiately sourced and trained, mc￿ltored and supervised to a level 5utsble for their roles. The trust mitigates these risks as follows: The trust contillUOLL51y addresses staff Well-￿.￿g, fosiering a SUFPOrtNe wothng environment and providing oppoYLunities for professional devdotMnenL For Lnstrdn￿, therapajbc staff receive dinical supervi5s(x) on a fortnightly basis. are aware of the challenges from transition of long-sianding stsff, w.th sUC￿Ssion planning coveroj at the tNStees' Away Day. Excellent organisational communKabon and a Cross-se￿i￿ collab￿atiVe approadi mitigates against the failure of roles that require transition. Kairos also has a 5tr)ng set up with 51rong team5. These individual Servi￿ units are strong enwgh to with51and thange and respond effectively to challenges, a5 was demcmstrated during the pandemic. Volunteers are provided with a full induction and training period and are provided with regular supervision. As part of this proce55, volunteers are made aware of their work role, exFettations and limitstic￿5 and listened to when or if they bring COn￿mS and issues. Page 5 KAIROS COMMUNrrY TRUST (REGISTERED NUMBER: 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STrATEGIC REPORT Safeguarding remains a priority for any organisation working with vulneraLle adults and Kairos Communty Trust is no exception. A suite of safeguarding related wlicies is being independently reviewed and revised. Kairos Communty Trust mitigatss the risk inherent to stsff lone working through the Lone Working Policy. Maintenance requirements . Kairos Communty Trust operates a neknrk of thirty supported houses, alongside its core treatment and rehabiifta tion services and administration offi￿. Maintaining these building5, some of which are older, to g￿d slandard r￿UireS 0 ngoing attention. In response to concerns about maintenance capacity, the team has been expanded and llDW con515ts of one full-time and individuals on DWP Permitted Work scheme. Ou150urring to extemal providers (roofer, white goods repair man, carpet fitter, window installer, plumbing and bathrooms, electrical work) allows Maintenance team to ￿￿5 on core job5. Linden Grove abstinence support hostel now has a team member on DWP Permitted Work scheme, dedicated to maintsining the propety and its upkeep. The Maintenance Steering Committee, including Facilities and Admin management, was established to ensu oss-service collaboration on maintenance matters. Kairos continues to wod( with CRASH Charty, the charitable wing of the constsijction industry, and other donors. Future plans A strategy of consolidation will continue to guide the charity over the coming year. This will include reflertion, review and, where necessary, reallgnment of the four key pillars on whith the charty is bullf werates and is dependent: finance5, proPe￿e5, programmes, stsffing. l. Evaluate finances and especially the way we generate revenue. Analyse and update capitsl value, in particular cary out valuation of the ￿enty-twO owned prOpe￿e5. 2. Maximise potentlal of properties through a developmen¢ refurbishmffj and decoration plan. The trust intends to buy its own properties wherever possible. 3. Evaluate and review the purpose, suitsbility, and application and success of all Kairos programmes, and how they work as the intended pathways progression for the charity's therapeutic supkx)rt alms and objectives. 4. Review staffing levels andlwith trustee committ￿. Evaluate suitsbility of staff in the implementation of pyogrammes. Review training and supervision of Staff. Look at succession. In general, the demand for the seNlces and support offered by the trust contlnues to ex￿ed its ability to provide for all applicants. Targets for the coming year Expl￿ ftjnding opportunities for new resetuement worker to SUpp￿t those moving to independent living from Move-on Seek funding for replacernent I repair of windows in three Kairos properties (Bethwin Road r￿Idential rehab. Eugenia. Guildersfield) Continue to develop second-hand market fundraising Update the fivtryear Business Plan to a three-year plan, per recommendation Continue to collaborate with Southwark Council in embedding Recovery Communities (one-to-one coun5elling and group p5ychotherapyl - Continue to work with CRASH Charity in planned refurbishment and development of pmpeitie5 - C￿Plete independent review of Policies Page 6 KAIROS COMMUNTfY TRusf (REGisfERED NUMBER: 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 srRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The trust is a tharty, whlth was registered on 31 January 2007 under numEer 11177631 govemed by a memornndum and articles of assoaation dated 27 Octc*Jer 2006 and as amendej on 24 November 2017. On l April 2¢M7 it succeeded to the aims and objectives, and the assets, of a charity called by the same name, which in turn in 1997 had succeedal to the Ks1t￿rn Night Shelter. The trust was incorporated as a pyivate company limited by guarartee on 27 ort0tr￿r 2006. The trustees are also direttors of the company. This ￿port covers the year ended 31 March 2025. Recruitment and appointment of new trustees TNstees may L￿ appoirted by a resolution of the Board, New trust￿ are appK)inted by the exisbng trustees when they consider that additional 5kn"11s OY viewpKJints a￿ needed. Training for new and existing trustees is provided from time to time, as and when the trustee body identifies the need tt. Trustee meetings are hekl alx)ut nine times a year. The trust￿ apwint a commitLee which i5 entrusted with all ordinary decision-maknng, although constitutional powe￿ remain with the trjstees. They may co-opt additional committee memLErs if they wish. Oryanisatlonal structure The Board c(fftsists of not fewer than five and not more than lfftlve persons and the charity must always have a minimum of three Trustee5. No person under the age of sixteen may te appointed as a Trustee. Personnel who are the directors of the tharltsble company, and the senlor management team comprise the key rnanagem￿t personal of the charity in charge of diretting and controifingi running and operating the trust on a day-to-day basis, led by the Directr* Mossie Lyons. All trustees give up thelr tlme freely and no tN5tee received remuneration In the year. Detai15 of trustee expenses and related paty transactions are disdosed in note 11 and note 21. Key management remuneratlon The pay of senior staff is revlewed annually and normally increase in accordan￿ with average eaming& The trustees benchmark salarles against pay levels in similar sized charltles In the same sector, adjustlng for additional responsibilitie5. If recnjitment Is difficult a market addits'cfft may te ccfftsidered. REFERENCE AND ADMINIsfRATIVE DEfAILS Registered Company number 05981181 (England and Wales) Registered Charity number 1117763 Registered offlce 235 Valley Road London SW16 2AF Mrs S M D AtKJim Rev D P M Aitkins GDSCBarry P T Carter C O ryAgosbno S F Mccarthy H A Morrin Mrs S Potter [* J m￿dhOrSt Company Secretary Mrs D WOodward-￿n Page 7 KAIROS COMMUNrrY TRusf (REGISTERED NUMBER: 05981181) REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE ANO ADMINIsfRATIVE DETAILS Auditors Carleys Statutory Auditc S￿nd Flor￿ South The Fitted Rigging House The Historic Dockyard Chatham Kent ME4 4TZ The day-to-day running of the charity has been delegated to the management team, constituting.. HEAD OFFICE & SUPPORTED HOUSING MOVE-ON TEAM Director: M055ie Lyons Admin Manager.. Dorothy Woodward-Pynn MOV￿0￿ Manager: Matt Dear Finance Controller.. Oyewande Oke CommunicaUon5 and Development Officer.. Adrianna Jone5 UNDEN GROVE ABSTINENCE-SUPPORT HosfEL Manage￿. Vincent Mahe BEfHMN ROAD RESIDENTIAL REHAB Manager.. Lee Slater GARDEN DAY pR￿RAMME Manager: Tim Penrice / Simon Woods TIM Penrice formally concluded their service a5 manager on 17110125. The trustees have appointed Simon Woods to lead the Garden Day Programrne golng forward, with their app)intment effective from 17110125. AFfERCARE PROGRAMME Manager: Jessica Rood STATEMENf OF TRusfEES' RESPONSIBILMES The trustees (who are a150 the directors of Kairos Communty Trust for the purposes of company law) are resp)nsible for preparing the Report of the Trustees and the financial statements In acconlantr with applicable law and United ￿ngdorn Accounting Standards (United Kingdom Generally Accepted Accountin9 Practi￿). Company law requires the trustees to prepare financial statements fv eath financial year. Under that law, the trustees have elected to prepare the financial statements in accordan￿ with United ￿ngdoM Generally Accepted Accounting Practice (United ￿ngdoM Accounting Stsndards and applicable law). Under company law the trustees must not approve the finanaal statements unle55 they are satisfied that they gtve a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of r￿OUrCes, including the income and expenditure, of the charitsble (ornpany for that periTrJ. In weparing those financial 51atemerts, the trustee5 are required to selett suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimètes that are reasonable and prudent; state whether applicable accounting standards have been followgj, 5ubj.ect to any matsrial departures disclosed and explained in the financial ststements,. prepare the financial statements on the golng con￿rn basis unle55 tt is inapprowiate to presume that the charitable company will continue in business. Page 8 KAIROS COMMUNrrY TRusf (REGIsfERED NUMBEK. 05981181) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 srATEMENT OF TRusfEES' RESPONSIBILrriES . continued The trustees are ￿51￿)nSible for keeping woper accounting r￿rdS which disckjse with reasonable accuracy at any time the financial position of the charitsble company and to enable them to en9Jre that the financial statements comply with the Companies Act 20C6. They are also responsible for safeguardlng the assets of the chartsble company hen￿ for tsking reasonable steps for the prevention and det￿lon of fraud and other ir￿guIarrties. In so frdr as the tswstees a￿ a￿dre. there is no relevant audit infomiation of which the chaiitable company's auditors are unaware; and the trust￿ have taken all step5 that they ￿ght to have taken to make themselve5 aware of any relevant audit information and to establish that the auditors are aware of that inforrnation. AUDrroR5 The auditors, Carleys, will be propos￿1 for rtrappointrnent at the forthcoming Annual General Meeting. Report of he trustees, incorporating a strat£¥Jic report, approved by cwder of the tx)ard of trustees, as the compary directors, on and signed on the board's behalf ty: arter- Trustee Page 9 REPORT OF THE If4DEPENDENT AUDrroRS TO THE MEMBERS OF KAIROS COMMUNrrY TRUST Opinlon We have audited the financial statements of Kairos Communty Trust (the 'charitsble company,) for the yeèr ended 31 March 2025 which comprise the SLitement of Financial Activities, the Balan￿ Sheet, the Cash Flow Statement and notes to the flnancial ststements, including a summary of Significant accounts.ng ￿lIcies. The financial reporting framework that has been applied in their prepar&ion is applicable18w and United Kingdom Accounting Standards (United lfjngdom Generally Accepted Accounting Prattice). In our opinion the financial statements: give a true and fair view of the state of the tharitable companvs affairs as at 31 March 2025 and of its incoming resour￿ and application of resources, including its incame and ex￿ndIture, for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿. and have been prepa￿￿ in accordance with the requirements of the Companies Act 20D6. Basis for opinion We conducted our audit in accordance with International Stsndards on Auditing (UK) (ISAs (UK)) and applicable law. Our re4)onsibilities under those standards are further described in the Auditors, respL￿SibIlitieS for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical reqU1￿ments that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical respjnsibilities in accordan￿ with these requirements. We believe that the audit evidence we have obtsined is Sufficient and appropriate to prowde a basis for our opinion. Condusions relating to golng concern In auditing the financial statements, we have conduded that the trustees, use of the going concem bas15 of accounting in the preparation of the finanaal statements is appropriate. Based on the work we have performed, we have not identSfied any material uncertainties relatlng to events or conditions thaL individually ￿ collectively, may cast slgnificant doubt on the charitable company's ability to continue as è going concem for a perlcxl of at least twelve months from when the financial ststements are authorised for issue. Our responsibilities and the responsibilities of the trustees wth respert to golng concem are described in the relevant secttons of this report. Other inforniatlon The tnjstees a￿ responsible ft)r the other infomiation. The other information comprises the Informatlon Included in the Annual Rewrt other than the financial Statements and our Report of the Independent Auditr)rs thereon. Clur opinion on the financial statements does not cover the other infomiation and, except to the extent othe￿ise explicitly ststed in our report we do not express any form of assurance conclusion thereon. In connection wth our audit of the financial statements, wr restK)nsibilty is to read the other information and, in dolng so, consider whether the other information is materially inconsistent with the financial ststements or our knowledge obtained in the audit or otherwise appears to be materially misststed. If we iderrtify such material inconsi5tellcie5 or apparent material misstatements, we a￿ required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that facL We have nothing to report in this regard. Opinions ijn other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit= the infomialion given in the Report of the Trustees for the financial year for whith the financial statements are prepared is consistent with the financial ststements,. and the Repjrt of the Trustees has been prepared in accordance with applicabEe legal requirements. Page 10 REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF KAIROS COMMUNrrY TRusr Matters on which we are requlred to report by exceptlon In the light of the knowledge and understsnding of the charitable ccmpany and Its environmert obtained in the course of the audit, we have not identified material misststements in the Re￿t of the Trustees. We have nothing trj rep)rt in respect of the fdlowing matters whexe the Companies Att 2006 requires us to report to you if, in our Oplnlon: adequate accounting records have not tEen kept or retums adequate for wr audit have not been re￿iVed from branches nL Visited by us; or the financial Stat￿nents are not in agreement wth the accounting records and retums, or rtain disc105ures of trustees, remuneration speafied by law are not made. ( we have Th)t received all the information and explanations we require for our audiL liesponsibilitie5 of trustee5 As explained more fully in the Ststernent of Trustees, Responsibilrties, the trustee5 (who are also the dirertors of the charitsble c(wnpany for the purposes of company L3w) a￿ ￿ponSIble for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the tnjstees detemiine is necessary to enable the preparntion of financial statements that are free from mthial misststement, whether due to fTrud or ewr. In preparing the finanoal statements, the trustees are responsible for assessing the charitsble company'5 ability to continue as a going concern, disckjsing, as applicable. matters related to going concern and using the going con￿rn basis of accounting unless the trust￿ eith￿ intend to liquidate the charitable company or to wse operations, or have no realistic alternatNe but to,do.s0. Our responsibilities for the audit of the financlal ststements Our objertives are to obtsin reasonable assuran￿ about whether the financial ststements a5 a whole are free from material misststement, whether due to fraud or error, and to Issue a Report of the Independert Auditors that indudes our oplnlon. Reasonable assurance is a hlgh level of assurance, but is not a guarantee that an audit condurted in accordan￿ wth ISAS (UK) wlll always detett a material misststement when it exists. Misststements can arise from fraud or error and a￿ considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users tsk￿ on the bas15 of these financial ststements. Because of the inherent limitstion5 of an audit, the￿ is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial Statements or non.(.................. Page 12 KAIROS COMMUNrrY TRusr STATEMEpif OF FINANCIAL AcrIvrriES FI)R THE YEAR ENDED 31 MARCH 2025 2025 Total fijnds 2024 Totsl funds Unrestricted fund Restrfcted fijnds Notss INCOME AND ENDOWMEKfs FROM Eh)natlons and legades 165,833 223,968 389,801 367,327 aritable activibes Care home and after care fees Housing benLfrt Supporting P￿pIe Fund Residents, Contribution 573,393 2,593,387 45,502 167,961 573,393 2,593,387 45,502 167,961 589,243 2,345,700 41,860 156,876 other trading aL*vibe Investsnent income 76,541 41,346 76,541 41,346 76,549 38,671 Totsl 3,663,963 223,968 3,887,931 3,616,226 EXPENDIlliRE ON Raising fijnds 276 276 315 Charitable activities aritsble aLtvibes 2,684,665 296,592 2,981,257 2,583,258 Total 2,684,941 296,592 2,981,533 2,583,573 INCOMEI(EXPENDrruRE) Trdnsfers between funds 979,022 (953,214) (72,624) 953,214 906,398 1.032,653 19 Net movement In funds 25,808 880,590 906,398 1,032,653 RECONCIUATION OF FUNDS Total funds brought forward 737,627 11,933,572 12,671,199 11,638,546 TOTAL FUNDS CARRIED FORWARD 763,435 12,814,162 13,577,597 12,671,199 The notes fomi part of these flnancial statements Page 13 KAIROS COMMUNrrY TRusf (REGISTERED NUMBER: 05981181) BALANCE SHEEr 31 MARCH 2025 2025 Totsl funds 2024 Total funds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets 14 15,412 12,465,270 12,480,682 11,528,922 CURRENT ASSErs Debtors Cash at bank and in hand 15 263,741 1,015,641 80,936 267,956 344,677 1,283,597 403,712 1,272,585 1,279,382 348,892 1,628,274 1,676,297 CREDThORS Amounts falling due within one year 16 (241,731) [241,731) (233,716) NEf CURRENT ASSErs 1,037,651 348,892 1,386,543 1,442,581 TOTAL A55Efs LESS CURRENT LIABILrrIES 1,053,063 12,814,162 13,867,225 12,971,503 CREDrroRS Amounts falllng due after more than one year 17 (289,628) (289,628) (300,304) NEf A55Ers 763,435 12,814,162 13,577,597 12,671,199 FUNDS Unrestricted funds Re5trirted funds 19 763,435 12,814,162 737,627 11,933,572 TOTAL FUNDS 13,577,597 12,671,199 The financial ststwnents were approved by the Board of TnJstees and authorised for isgje on .Il*K.b*￿..W....7.￿Yand were signed on its behalf by.. P T Carter- Trustee The notes form part of these financial statements Page 14 KAIROS COMMUNrrY TRIIST CASH FLOW sfATEMEMr FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash ilows from operatlng acbvities Gish geneTrted from OFeration5 22 973,973 849,029 Net cash provided by operating activities 973,973 849,029 Cash flows frorn investing activiti Purthase of tangible fixed assets Interesi received (970,963) 41,346 (2,329) 38,671 Net cash (used in)Iprovided by investing acbvibes (929,617) 36,342 Cash flows from financing activities Loan repayments in year Interest payn*nts (10,225) (23,119) (5,802) (24,292) Net cath uselj in financlng actwttie5 (33,344) (30,094) Change In cash and cash equivalents in the reporting period Cash and Gish equlvalents at the beginnlng of the rewting period 11,012 855,277 1,272585 417,308 Cash arml cash equlvalents at the end of the reporting period 1,283,597 1,272,585 The notes fomi part of these financial statements Page 15 KAIROS COMMUNtrY TRUSF NOTES TO THE FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES Basis of preparing the financial statements The finanaal st*ments of the charitable company, which is a public benefit entlty under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Ststement of Recommended Practi applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effettive l January 2019),, Financial Reporting Standard 102 'The financlal Rewrting Stsndard applicat4e in the UK and Republic of Ireland, and the Companie5 Act 2006. The financial statements have b&n prepared under the historical cost convention. At the time of approvlng the financial statements, the trustees have undertaken an assessmert of the adequacy of the sources available to the charity and have a reasonaLle expectation the charity has adequate re9)urces to continue in opeTrtional exlstence the foreseeable fijture and accordingly continue trj adopt the going conwn basis of acc(MJnting in preparing the finanaal statements. Income l income Is reccgnised in the Statement of Flnanaal Activities On￿ the tharity has entitlement to the funds, It is probable that the Income will be received and the amount can be measured reliably. Voluntsry income is received by way of donations and gift aid tax. Donations are recognised when received and gift aid tsx Is accrued on applicable donations in the same year. Income from fttndraising events is recognised when it has been eamed, provided it can be quantified. Investsment income is recognised when rewvable. Grants are recognised when the charity becomes unconditionally entitled to the grant. Grants to fund the purchase of fixed assets are taken to income when ￿￿1ved. Income from govemment and other public authorities is recognLsed when it is receivable. ExperKliture Liabilities are recognised as expenditure as scon as there 15 a legal or consiructtve obligation committing the charlty to that expenditure, tt Is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis as liabilities are incurred. Expendlture is Cla￿lfied by artlvity. The costs of each activity are made up of the totsl of direct costs and shared costs, including supwrt costs Involved in undertaking each actlvlty. Direct costs attr¢butable to a single acbvity are allocated direcdy to that actlvty. Shared costs which contribute to more than one activity and supwrt costs which are not attributable to a slngle activity are ap￿r￿Oned btheen those activitses C￿ a basis consistent wlth the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allttated on the portion of the assevs use. ExFenditure includes unrecoverable VAT which Is rep)rted as part of the cost to which it relates. Charitsble expenditure comprises all the costs of providing the programme of rehabilitstion from alcohol and drug dependency with accommc*Jation and support, together with the appropriate proportton of support costs. The allocation of support costs is set out in note 9. G0Veman￿ costs indude the cost of meeting the charity's statutory requirements and strategic managemenL The alIC￿atiOn of governan￿ costs is set out In note 9. Tanglble flxed assets Depreciation is provided at the following annual rates in order to wrlte off each asset over its estimated useful life. Frethold property Long leasehokj Fixtures and fittings n(rt provided Not provided on land, and on buildings 250/0 on cost Page 16 continued... KAIROS COMMUNrrY TRUST NOTES TO THE FINANCIAL sfATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUtiriNG POLICIES - continued Tangible fixed assets Tangible fixed assets are Initially measured at cost and subsequendy measured at C05t or valuation, net of dekyeclation and any impaimient losses. The galn or loss arlslng on the d1sF￿SaI of an asset is detemiined as the differen￿ betsveen the sale prO￿edS and the carrwng value of the asset, and is reccMJnised in the Statem￿lt of finanoal activities. Impairment of fixed assets At each rewting end date, the tnLSt reviews the carrylng ar￿nts of its tsngible a￿ to detemiine whether there is any indication that those assets have suffer￿1 an impaimient Ioss. If any such indication exists, the recoverable amount of the a55et is e51imated in order to detemiine the extent of the impaimient loss (rf any). The charty is exempt from coryMJTrtion tsx on its charitable acbvities. Fund accounting Unrestritted funds can used in &COrdan￿ the charitsble Obj￿lIveS at the discTetion of the trustees. Re5Lricted funds can onty be us&J for pa￿CUlar restricted purposes Y￿thin the objects of the tharty. Restrictions arise when by the donor or when fiJnds are rdised for particular r*itted purpose5. Jther explanation of the natyre and purpose of eath fund is Induded in the notes to the finanaal ststem&ts. DONATIONS AND LEGACIES 2025 Totsl funds 2024 Totsl funds Unrestricted funds Re￿ricted funds Donations Gift aid Grants 75,960 342 89,531 75,960 342 313,499 51,052 223,968 316,275 165,833 223,968 389,801 367,327 Grants retrived, Induded in the above, are as follows: 2025 2024 MedJ'ugcKie fund 200,0 18,968 The National Lottery Community Fund - Community (￿ganiSati[￿S Cost of Living Fund The Nalional Lottery Communty Fund - RC Londo￿ and South East Region Tuming Point Workforce Development ￿nd The Caerlow Trust Provision of RErovery Community Fllot 74,374 230,221 10,000 1,680 55,000 39,531 313,499 316,275 Page 17 continugj... KAIROS COMMUNrrY TRusr NOTES TO THE FINANCIAL STATEMEI¥TS - contlnued FOR THE YEAR ENDED 31 MARCH 2025 OTHER TRADING AcfiviTIES 2025 Totsl fund5 2024 Totsl funds Unrestrtcted funds Restrirted fijnds Fundraising events and miscellaneous income 3,813 72.728 3,813 72,728 2,026 74,523 76,541 76,541 76,5q9 INVESTMENT INCOME 2025 Total fund5 2024 Total funds Unrestricted funds Restricted funds Dewsit account 1rnte￿st 41,346 41,346 38,671 INCOME FROM CHARrrABLE AcnvrriES 2025 2024 Activity Care home and after care fee5 Housing benefft Supporting People Fund Residents, Contribution Care home and aftercare fee5 Houslng benefit Supp)￿ng people funding Residents, contribution 573,393 2,593,387 45,502 167,961 589,243 2.345,700 41,860 156,876 3,380,243 3,133,679 Incomlng resources from government and public a￿h￿ltieS Care home and afterca￿ fees, housing benefrt and inc(￿￿ from the Supporting People scheme, totalling £3,212,282 (2024.. £2,976,803) have been received from government and putAic authorities. RAISING FUNDS Raising donations and legacles 2025 Totsl funds 2024 Totsl fijnds Unrestricted funds Restricted funds Publicity and fundraising 276 276 315 Page 18 continued... KAIROS COMMUNrrY TRusr NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 CHARrrABLE AcrivrrIES cosrs Dirett Costs (see note 8) Support costs (see note 9) Totsls Charitable activitie5 2,476,672 504,585 2,981,257 DIREcr cosrs OF CHARrrABLE AcrIvrrIES 2025 2024 Stsff costs Counsellors, fees Therapists Well being, testing & leisure Volunteers, and counsellors. expenses Housing costs FOC￿ and household supplies Trdnsr Interest payments mediu9￿]e costs Depreciation 1,108,163 28,584 11,549 42,522 64,952 827,049 115,740 29,255 23,119 206,536 19,203 1,106,053 12,803 4,680 31,654 63,923 747,747 116,813 25,972 24,292 44,427 25,787 2,476,672 2,204,151 SUPPORT COSTS Governance costs Management Totsls Charitable activitie5 471,007 33,578 504,585 G0Veman￿ costs include auditors costs of £12,600 (2024: £12,01)J) for audit fees and rKJn-audit se￿1￿ of £4,254 (2024: £3,300) indusive of VAT. io. NEf INCOMEI(EXPENDrnIRE) Net incomel(expenditure) is stated after charging/(crediting): 2025 2024 Depreciation - owned a￿ets 19,203 25,786 Page 19 continued... KAIROS COMMUNrrY TRusr NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 ii. TRusfEES' REMUNERATION AND BENEFrrs None of the trJstses and directors any persons connerted wlth them) ￿CeIV81 any remuneration or other benefits from the trust for the year ended 31st March 2025 nor the year ended 31st March 2024. Trustee liability insurance was included within the premium paid for general IngJran￿. Trustee5' expenses There were no trustee5' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 12. srAFF cosrs 2025 2024 Wage5 and salaries Soaal security costs Pension contributions 1,303,893 119,109 25,603 1,188,138 108,875 22,393 1,448,605 1,319,406 The average monthly number of employees during the year was as follows: 2Q25 50 2024 45 Employees There was one employee whose annual remuneration was £60,000 ￿ more. 13. COMPARATIVES FOR TrIE STATEMErir OF FINANCIAL AcrIvrrIES Unrestritted fijnd Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donati¢)ns and legacies 81,590 285,737 367,327 Charitable activKties Care home and after care fees Housing benefit Supporbng People Fund Residents, Contribution 589,243 2,345,700 41,860 156,876 589,243 2,345,7tXJ 41,860 156,876 Other trading aLtivities Investment income 76,549 38,671 76,549 38,671 Total 3,330,489 285,737 3,616,226 EXPENDITURE ON Raising fvnds 315 315 Charitable activltles Charitsbk activities 2,411,737 171,521 2,583,258 Total 2,412,052 171,521 2,583,573 Page 20 continued... KAIROS COMMUNrrYTRiisr NOTES TO THE FINANCXAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2025 13. COMPARATNES FOR THE sfATEMErif OF FINANCIAL ACTivrrIES- continued Unrestricted fund Restricted fiJnds Total funds NEf INCOME Transfers between funds 918,437 (14,933) 114,216 14,933 1.032,653 Net movement in funds 903,504 129,149 1,032,653 RECoNauA￿0N OF FUNDS Total funds brought fLvward (165,877) 11,804,423 11,638,546 T￿rAL FUNDS CARRIED FORWARD 737,627 11,933,572 12,671,199 14. TANGIBLE FIXED ASSErs Fixtures and fittings Freehold prope Long l&isehoid Mrtor vehides T¢)tals cosr At l April 2024 Additions 11,422,765 953,214 89,291 148,212 17,749 79,746 11,740,014 970,963 At 31 March 2025 12,375,979 89,291 165,961 79,746 12,710,977 DEPRECIATION At l Aprll 2024 Charge for year 143,392 7,157 67,700 12,046 211,092 19,203 At 31 March 2025 150,549 79,746 230,295 NEf BOOK VALUE At 31 March 2025 12,375,979 89,291 15,412 12,480,682 At 31 March 2024 11,422.765 89,291 4,820 12,046 11,528,922 15. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Trade debtors Bad debt provision Other d&tors staff and resident loans FW)ayments and acuued income 195,199 (4,446) 13,679 1,761 138,484 185,441 (4,446) 13,679 5,766 203,272 344,677 403,712 Page 21 continued... KAIROS COMMUNrrY TRusr NOTES TO THE FINANCIAL sfATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 16. CREDrroRS: AMouNfs FALLING DUE wrrHIN ONE YEAR 2025 2024 Bank loans and overdrats (see note 18) Trade credthrs &)cial security and other tsxes Housing benefft refundable Accrued expenses 9,932 59,635 25,781 123,518 22,865 9,481 51,649 23,731 130,481 18,374 241,731 233,716 17. CREDrroRS: Amourirs FALLING DUE AFfER MORE THAN ONE YEAR 2025 2024 Bank loans (see note 18) 289,628 300,304 LOANS An analysis of the maturity of loans is glven below.. 2025 2024 Amounts falling due within one year on demand: Bank loans 9,932 9,481 Amounts falling be￿en one and ￿ years: Bank loans 9,932 9,481 Amcmjnts falling due be￿￿n tr40 and flve years: Bank loans 29,796 28,443 Amounts falling due in more than fNe years: Repayable by instalments: Bank loans 249,900 262,380 The bank loan is with Barclays Bank plc. The h)an is due to be repaid by October 2040 and carries an interest rate of 2.71¥0 above the bank's base rate. The loan is secured by a legal charge over one of the Trusvs freehold prOpe￿e$. Page 22 continued... KAIROS COMMUNrrY TRusr NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2025 19. MOVEMENT IN FUNDS Net movement in fvnds Transfers be￿een funds At 3113125 At 114124 Unrestrirted funds General fund 737.627 979,022 (953,214) 763,435 Restricted funds MedJ"ugorie fund Property fund RC London and South East Regio The Caerlow Trust 244,017 11,512,056 177,499 (6,536) 237,481 12.465,270 106,411 5,000 953,214 (71,088) 5,000 11,933,572 (72,624) 953,214 12,814,162 TOTAL FUNDS 12.671,199 906,398 13,577,597 Net movement in funds, included in the above are as follt)WS: Incoming resources Resour expended Movement in fijnds Unrestricted funds General fund 3,663,963 (2,684,941) 979,022 Restrirted funds Medjugoiie fund RC London and South East Region CRASH Bathroom Fund The Caerlow Trust 200,000 1206,5361 (71,088) (18,968) (6,536) (71,088) 18,968 5,000 5,000 223,968 1296,592) (72,624) TOTAL FUNDS 3,887,931 (2,981,533) 906,398 Page 23 continued... KAIROS COMMUNrrY TRUST NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 19. MOVEMEpif IN FUNDS - continued Comparatives for movement in funds Net movement in funds Transfers between funds At 3113124 At 114123 Unrestricted funds General fund (165,877) 918,437 (14,933) 737,627 Restricted funds Gym equipment fund Medjugorie fund Prcyerty fijnd Community ￿anISatIonS Cost of Living Fund RC London and South East Region 4,463 288,444 11,511,516 (4,463) (44,427) 2+F,017 11,512,056 540 18,856 (18,856) 177,499 177,499 11,804,423 114,216 14,933 11,933,572 TOTAL FUNDS 11,638,546 1,032,653 12,671,199 Comparative net M0ven￿nt in funds, included In the above are as follows: Incomlng resources ReS￿r￿S expended Movement in funds Unrestrfrted funds General fijnd 3,330,489 (1412,052) 918,437 Restricted funds Mediugoiie fijnd Community Trganisatlcffis Cost of ￿VIng Fund RC London and South East Region (44,427) (74,373) (52,721) (44,427) {18,856) 177,499 55,517 230,220 285,737 (171,521) 114,216 TOTAL FUNDS 3,616,226 (2,583,573) 1,032,653 m Eouip.ment Fund This was for gym equipment that was purchased some years ago, the expense was shown through general unrestrirted funds rathw than against the fijnd designated for It. The gyTn equipment was disposed of in the accounts last year and a transfer was made from the gym equipment fund to the general fund tr) reflert the corrett position. MediugoFle Fund The MedjugoTJe fund is fijnded by an¢J)ymous donors, to enable some Kairos resldents to vlslt the shrlne at Medjugorie in Bosnia as a part of their rehabih'tation pr(w. Prop.e.rty. Fund The propety fund is a designated fund whlch has been set aside out of the unrestricted fund by the trustees for specific purFW)ses. The property fund was set up in 1995 by the ￿lbUrn Night Shelter Project, the predecessor of this tru4 in cKder to acquire property to h(rt￿e rehabilitated residents. This fund Includes any additions to owned properties gjch as building extensions, major refurtlshment and improvements. Transfets from the general fund have been made as requlr&J each year, to fijnd the planned purchase5 and refijrbishments undertaken. Page 24 continued... KAIROS COMMUNrrY TRusr NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2025 19. MOVEMENT IN FUNDS - continued Communi anisations Cost of Dvin Funding from The Community Cost of Livirrfj Fund was delivered by The National Lottery Communty Fund. Fundlng was received to allow Kairos to expand their aftercare offer to indude essential white goods and furniture to residerts to supwrt with a srn¢￿th transition into independent l1vir￿J. The fund expired on 31st Marth 2024. RC London and South East Region Fund Funding for the RC London and South East Region Fund was also delivered by The National Lottery Communty Fund. The funding was re￿iVed to cover the salary costs of 2 specialist workers over a 3 year period, to allow Kairos to continue it isoner Response work, expanding its prison (yjtreach Servi￿ and provide greater support to more vulnerabk pLYJple, particularly women. The total grant receivable was recogni5ed in the accounts to 31st March 2024 altr￿Ugh the costs will expended as incurred in the 3 year period to 31st Juty 2026. CRASH Bathroom Fund Funding was received from CRASH Grarts Committee for the bathrwm5 refurbishment project at Bethwin Road. The project was complete and all funding expended by 31st March 2025. The Caerlow Trust Fund Funding was received from The Caerlow Trust of whith £5,000 was restricted to be spent on an extemal safeguarding p)licy and pr￿jUre review. The grant is to be expended by 31st Marth 2026. 20. EMPLOYEE BENEFrr OBLIGATIONS The trust operates a defined contribution pension Scheme for all qualifying employees. The assets of the scheme are held separately from those of the tnjst In an independently admlnlstered fijnd. The penslon costs represents contribjtions payable by the trust to the fund. Contrfbutions totslling £25,603 (2024: £22,387) were made in the year. The totsl payable at the end of the year was £6,508 (2024., £1,462). 21. RELATED PARTY DISCLOSURES There were no related paity transactiors for the year ended 31 March 2025. RECONCILIAllON OF NEf INCOME TO NET CASH FLOW FROM OPERATING AcnvrriES 2025 2024 Net income for the reporting period (as per the Statement of ￿nanCIal Activities) Adjustments for: Depreciation charges Interest received Int￿ payments Decrea5el(increase) in debtors In(Jease in cr8Jitors 906,398 1,032,653 19,203 (41,346) 23,119 59,035 7,564 25,787 (38,671) 24,292 (206,850) 11,818 cash prnvided by operations 973,973 849,029 ANALYSIS OF CHANGES IN NEf FUNDS At 114124 Cash flow At 3113125 Net Cash Cash at bank and in hand 1,272,585 11,012 1,283,597 Page 25 continued... KAIROS COMMUNrrY TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF CHANGES IN NEf FUNDS- contlnued 1,272,585 11,012 1,283,597 Debt Debts falling due within l year Debts falling due after l year (9,481) (300,304) (451) 10,676 (9,932) (289,628) (309,785) 10,225 (299,560) Totsl 962,800 21,237 984,037 GENERAL FUND The trustees have resolved to seek to retsin a balan￿ in the g9J￿ra1 fvnd of at least £500,000. Page 26