KINSHIP CARERS (A COMPANY LIMITED BY GUARANTEE) REGISTERED COMPANY NUMBER: 05943911 (England and Wales) REGISTERED CHARITY NUMBER: 1122907 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
KINSHIP CARERS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Page Company Information Trustees, Report 4t07 Independent Exarniner's Report Statement of Financial Activities Balance Sheet 10 Notes to the Financlal Statements 11 to17
KINSHIP CARERS CHARITY & COMPANY INFORMATION Charity Name Kinship Carers Registered Company Number 05943911 (England and Wales) Registered Charity Number 1122907 Registered Office Ellergreen Community Centre Ellergreen Road Norris Green Liverpool L112RY TrusteeslDlrectors C. Cadwallader S. Davis-mccardle S. Lee (resigned 15 January 2025) M. Thomas H. Gearing A. Wells A.J. Thompson K. Pilnick (appointed 12 April 2024) S. Cunningham (resigned 12 April 2024) E. Hennessy (resigned 12 April 2024) Bankers TSB Bank PO Box 373 LS14 9GQ Independent Examiner Counting for Communities Ltd 16 Holmwood Drive Liverpool L37 1PQ
KINSHIP CARERS TRUSTEES. ANNUAL REPORT For the year ended 31 March 2025 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Gharity for the year ended 31 March 2025. The accounts have been prepared in accordan with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011, Companies Act 2006 and the 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing doGument The organisation is a regISted company limited by guarantee incorporated in September 2006 and registered as a charity in February 2008. The goveming document is the company's Memorandum and Articles of Association. Organisational Structure The trustees, who are also directors, are appointed in accordance with procedures set out in the company's Memorandum and Articles of Association. It is rnanaged by an Executive Committee of twstees and meetings are held monthly and agenda items include finance, health and safety and staff reports. Every rnember of the charity undertakes to contribute such amount as required (not exceeding £10) if the charity should be wound up. Risk identification and management The trustees have conducted a review of the major risks to which the charitable company is exposed and, where appropriate, systems and procedures have been established to mitigate Public Benefit INhen planning and programming activities for Kinship Families in Liverpool, the Trustees are mindful of the Charity Commissions guidelines on Public Benefit.
KINSHIP CARERS TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2025 OBJECTIVES AND ACTIVITIES The object of the charitable company is to provide the relief of need arnong families affected by druglalcohol abuse, mental health problems and bereavement, particularly, but not exclusively, by the provision of support, advice, advocacy and education for the members of those families who may benefit from such seNices. ACHIEVEMENT AND PERFORMANCE Kinship Carers Liverpool continue to go from strength to strength with a great deal of recognition both locally and nationally. We can only perform and achieve as well as we do due to the continued support and funding from Big Lottery Community Fund, we are very lucky to have been funded for a further 5 years and this will enable us to raise more awareness for the project as well as additional security to move forward. We have been funded for the next 3 years by Trusthouse Charitable Foundation. They enable us to provide a comprehensive service, to raise the profile of Kinship families and to continue National Kinship Carers week in October which started in Liverpool in 2016, which has now become global, with 13 other countries adopting the same week. We also receive additional funding from HAF (Department of Education healthy food and activities funding) which allows us to provide summer and half term provisions that promote health lifestyles, which has proved to significantly help our Kinship families manage the cost-of-living crisis and the health and wellbeing of our Kin-kids. This year we have been funded by Cobalt to create an outdoor area at the back of our building which will be a garden for our Kin-Kids to grow fruit, veg and flowers, a sensory area and a relaxing space for all our families and the community, this has been a big achievement involving Kinship Carers, Kin-Kids and volunteers. In February our young people hosted Grandparents Plus (Kinship) DfE funded roadshow, to deliver training to Kinship Carers in the Northwest. Using their lived experiences to train and support Kinship Carers through their joumey, by offering insights that can 5ead to better outcomes for both the young person and the kin carer. The service continues to adapt and develop to rneet the ever-changing challenges faced by Kinship families whose needs are often complex, long lasting, and traumatic. We have ernployed more sessional workers to offer specific areas of work including podcasts, emotional well - being. peer group support and meditation. A law clinic is operational once month to offer free legal advice and pro-bono work. Volunteers and Social Work trainees also contribute significantly to the enhancement of the service we offer to Kinship families across the city. Campaigning for the rights of Kinship Families continues to be a prirnary focus of the service. Following the launch of the UK'S first Kinship Charter in March 2023 in conjunction with Liverpool City Council, the team has worked tirelessly with Social Care and other relevant seNices to raise awareness and continue to do so to ensure that all Kinship Carers and Kin Kids receive an equitable serviGe, one which meets all their needs and entitlements and represents 'best practice, of the professionals involved. The longer-term airn is for the Kinship Carer Charter to be adopted nationally; we are still working towards this through our involvement nationally on key Kinship alliance groups.
KINSHIP CARERS TRUSTEES, ANNUAL REPORT- CONTINUED For the year ended 31 March 2025 We are proud that Liverpool Kinship families continue to be a voice locally and nationally, influencing procedures, legislation, and policies. They are proactive in raising awareness by contributing to training programmes, podcasts, meeting with key legislators and educators to ensure that the rights of Kin kids and their families are fully recognised and receive the support they so rightfully deserve. How did the team do this? The team continue to update their training to develop their own skills and knowledge base and to ensure they can offer the best support to our Kinship families. They work in partnership with carers and year on year referrals into the project increases substantially. The service continues to grow and develop based on the needs of the families as they present. Currently, the team provide one-to-one support, group work and peer support, health and well-being, parenting programmes and a range of educational and fun activities. In addition to this, the team contribute to the training of key professionals e.g. Social Workers. Targets 1000k of our Kinship Families have access to Priority One Gym passes enabling them to improve their physical and mental wellbeing. 1000k Feel less isolated 970h of Kin Children had new experiences 100 % Kin Families felt more able to get their voices heard through campaigning FINANCIAL REVIEW Total income in the year was £168,893 (2024: £145,438) of which £162,358 (2024: £130,895) related to funding for projects upon which restrictions are placed. Total expenditure in the year was £149,391 (2024: £152.930) leaving a surplus for the year of £19,502 (2024 deficit.. £7,492). At 31 March 2025 the charitable cornpany's reserves stood at £146, 378 {2024:£126,876) of which £96,249 (2024:£77,853) represented restricted funds. Reserves Policy It is the policy of the charitable company to maintain unrestricted funds, which are free reserves, at a level to cover redundancy provisions and three months running costs should no further funding be received. At the end of the financial year the unrestricted funds totalled £50,129 and was sufficient to cover these costs. Plans for Future Periods
KINSHIP CARERS STATEMENT OF TRUSTEES RESPONSIBILITIES For the year ended 31 March 2025 Company law requires the Directors to prepare financial statements for each financial period that give a true and fair view of the state of affairs of the company and of its income and expenditure for that period. In preparing those financial statements, the Directors are required to., select suitable accounting policies and then apply them consistently; obseNe the methods and principles in the Charities SORP make judgements and estirnates that are reasonable and prudent; prepare the f5nancial staternents on the going contem basis unless it is inappropriate to presume that the company will continue as a going Goncem; state whether applicable accounting standards have been followed, subject to any rnaterial departure disclosed and explained in the financial staternents. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By Order of the Board M. Thomas Date..
INDEPENDENT EXAMINER'S REPORT TOTHE TrUSTEES OF KINSHIP CARERS I report on the accounts for the year ended 31 Marcfv2025 set out on pages 9 10 17. Respective responsibilities of truSte8s and examiner The charlty's trustees, who are also the directors of the wmpany for the purpose of Gornpany law. are responsible for the preparalion of the accounts. The charitys twstees consider that an audtt Is not qUIred for this year under section 144 of the Charities Act 2011 (the Charities Act) and thai an independent examination is required. It is my responsibilty to: examine the account5 under section 145 of the Charilies Act, to follow the proCedUS laid down in the General Directlons given by the Charily Commisslon (under section 145 (5)(b) of the Chaiities Act, and to slate whether particular maltefs have come to my attention. Basls of the Independont oxamlnerfs report My examination was carried out in accordance wlth the General Directions given by the Charily Commission. An examination includes a review of the accounting records kept by the charity and a Gomparison ol the acEounts presented wlth those records. It also includes nsideralion of any unusual items or dlsclosures in the accounts and seeking etxplanations from the trustees concemlng any such matters. The procedures undertaken do not provide all the evldence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a Irue and fair view and the report is limiled lo those matters set out In the statement below, Independent examinefs ststoment In Connection with my examination, no matter has come lo my attention., which gives me reasonable cause to believe that, in any material respect, the Tequlrements: a. to keep accounting records in accordance with 8edit)n 130 of the Chaiities Act; and b. to prepare accounts which accord with the accounl'ng records, comply with the accounling requlrements of the Chaiities Act have not been met; Of to which, in my opinion, attenlion should be drawn in order to enable a prop6r understanding of the accounts to be reached. Signed.. Dale: ,... Name: Stephen Leonard 8A, FCCA Counting For Communities Ltd 16 Holmwood Drive, LNerpool, L37 1PQ
KINSHIP CARERS STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2025 2025 Unrestricted fvnds 2025 Restricted funds 2025 Total funds 2024 Total funds Note INCOMING RESOURCES Incoming & e ndowments from: Donations and legacies Charitable activities other trading activities Investments 6,535 6.535 162,358 14,643 130.895 162,358 Total income 6,535 162,358 168,893 145,438 RESOURCES EXPENDED Raising funds Charitable actiwties 6,239 143,152 149,391 152,93C Total expendlture 6,239 143,152 149,391 152,93( Net Incon l {expenditure) for the year before transfers Transfer between funds 296 19,206 19,602 (7,492 810 (810) Net income l (expenditure) for the ar 1,106 18,396 19,502 (7,492 RECONCILIATION OF FUNDS Total funds brought forward 13 49,023 77,853 126,876 134,36,, TOT FUNDS CARRIED FoRwRD 50.129 96,249 146,378 126.871 There are no recognised gains or losses other than the net movement in funds for the above two financial years. All incoming resources and resources expended derive from continuing activities, The notes form part of these financial statements
KINSHIP CARERS BALANCE SHEET at 31 March 2025 Registration Number: 05943911 2025 2025 Unrestricted Restricted funds funds 2025 Total funds 2024 Totsl funds Note FIXED PSSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand 15 20 15 10 11 51.105 51,105 96,234 96,234 147,339 147.339 128,761 128,761 CREDITORS Arnounts falling due within one year 12 (976) (976) (1,905) NET CURRENT ASSETS 50,129 96,234 146.363 126,856 TOTAL ASSETS LESS CURRENT LIABILITIES 50,129 96,249 146,378 126,876 FUNDS Unrestricted funds Restricted funds 13 50,129 96,249 49,023 77,853 TOTAL FUNDS 146,378 126,876 For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006 The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. The financial statements were appmved by the Board of Trustees and signed on its behalf by: M. Thomas The notes fonn part of these financial statements 10
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 1. ACCOUNTING POLICIES Accounting convention The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared under the historical cost convention, the Companies Act 2006, the Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice for Charities, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). The charity has taken advantage of the disclosure exemption in preparing these financial statements, as pemiitted by FRS 102, the requirements of Section 7 Statement of Cash Flows. The accounts are prepared in sterling, which is the functional currency of the charity and rnonetary amounts in these financial statements are rounded to the nearest £. Going Concern At the time of approving the accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. Income Incoming recognition All incoming resources are included on the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy Incomlng Resources with Related Expenditure Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA Grants and Donatlons Grants and donations a only included in the SOFA when the Charity has unconditional entitlement to the resource, Contractual Income and Perfomiance Related Grants This is only included in the SOFA On the related goods or services have been delivered. Volunteer Help The value of any voluntary help received is not included in the accounts. Investment Income This is included in the accounts when receivable. enditure and Liabilities Liability Recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure. Governance Costs These include costs of the preparation and exarnination of statutory accounts, the costs of trustee meetings and cost of any legal advi to trustees on governance or constitutional matters. 11
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED For the year ended 31 March 2025 Grants and Performance Conditions Where the charity gives a grant with conditions for its payment being a specific level of service output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specific seNice or output. Grants payable without Performance Conditions These are only recognised in the accounts when a commitment has been rnade and there are no conditions to be met relating to the grant which remain in the control of the charity Fixed assets and depreciation Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. The following rates and methods are used: Fixtures and Fittings 250A reducing balance All equipment, fixtures and fittings with an original cost of less than £750, are written off in the year in which the expenditure was incurred on the basis that due to the nature of the company's activities, there is no expectation that the cost of the assets will be recovered in the way of future revenues. Flnancial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rnethod. Taxation The charity is exempt from corporation tax on its charitable activities and is not registered for VAT. As a registered charity the company benefits from rates relief. Fund accounting Unrestricted funds - can be used in accordance with the charitable objectives at the discretion of the trustees, Restricted funds - can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 12
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 2025 2025 Unrestricted Restricted 2025 Total 2024 Total Note 2 Donations and legacies Donations 6,535 6,535 6,535 6.535 14.543 14,543 2025 2025 (hrestricted Restricted 2025 Total 2024 Total 3 Charitsble activities Tudor Trust steve Wbrgan Foundation HAFIOpal Big Lottery Kinship Together Liverpool City Council Picton Childrens Centre Grandparents Plus Support Cobalt Housing VRU Trusthouse Grant Comm unity Foundations Lancashire 20,000 25,000 28,500 50,000 700 1,500 5,195 22,000 10,417 19,700 52.201 500 22,000 10,417 19.700 52,201 500 5.000 18,040 33,000 1,500 162,358 5,000 18,040 33,000 1.500 162.358 130,895 2025 2025 Unrestricted Restricted 2025 Totsl 2024 Totsl 4 Other trading activities other trading activities 2025 2025 Unrestricted estricted 2025 Total 2024 Total 5 InVeStn nts Bank interest receivable 13
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 2025 2025 Unrestricted Restricted 2025 Total 2024 Total Note 6 Resources Expended Charitable activities Governance Costs - see below Salaries Therapist Payroll fee Transport terials & activities Trips Telephone Training Rent Room hire Sundrylother costs Donations to good causes Food & refreshments Postage & stationery Volunteer expenses Insurance IT equipment & support Depreciation 895 4,911 895 98,918 520 656 4,405 8,513 7,403 1.333 2,379 6,051 3,575 1,218 855 95,278 94,007 520 656 4,405 8,162 7,403 1,333 2,379 6,051 3,575 1,136 506 6,061 11,585 11,869 1,183 290 3,668 1,720 416 3,700 9,163 1,768 100 551 3,570 351 82 7,886 1,176 7,886 1,176 595 3,863 595 3,863 6,239 143,152 149,391 152,930 Included in Governance costs Independent examinerfs fees 895 895 895 895 855 855 14
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Direct Support & Charitable Governance EXpndItUre Costs Total Note 7 Analysis of expenditure Total expenditure in 2025 Total expenditure in 2024 131,220 140,116 18,171 12,814 149,391 152,930 Analysed as follows: Direct Charitable Expenditure Salaries Therapists Transport Materials, ktivities & Trips Donations to good causes Room hire Food & refreshments Volunteer Expenses 2025 2024 98,918 520 4,405 15,916 95,278 640 6,061 23,454 3,700 1,720 9,163 100 140,116 3.575 7,886 131,220 Support & Governance Costs Govemance Costs Payroll fee Telephone Training Rent Postage & stationery Insurance rr Costs Sundrylother costs Depreciation 895 656 1,333 2,379 6,051 1.176 595 3,863 1,218 855 506 1,183 290 3,668 1,768 551 3,570 416 18.171 12,814 15
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Note 8 Staff Costs and Employees Wages and salaries Pension SoGial security costs 2025 2024 95,763 2,617 538 98,918 92,826 424 2,028 95,278 No employee earned £60,000 or more during the year (nor the preIOuS year) The average nurn ber of employees during the year was . 2025 Charitable activities 2024 9 Fixed Assets Fixtures & Fittings Unrestricted Restricted Totsl Cost At 1 Npril 2024 Disposals Additions At 31 ltsrch 2025 Depreciation At 1 Aprll 2024 On Dlsposals Charge for year At 31 N+lqrch 2025 Net Book Value At 31 ltsrch 2025 At 31 Trkrch 2024 380 380 380 380 360 360 365 365 15 20 15 20 2025 2024 10 Debtors Prepayments & accrued income 2025 2024 11 Cash at bank and in hand Current Account Petty Cash 147.240 99 147,339 128,731 30 128,761 2025 2024 12 Creditors . amounts falling due within one year Creditors cruals 81 895 976 133 1,772 1,905 16
KINSHIP CARERS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED For the year ended 31 March 2025 Note 13 Movernent in Funds Balance at 31 IklarGh 2024 Balance at 31 March 2025 Incoming Resources Transfers Resources Expended In l (Out) Unrestricted Funds General Fund 49,023 49,023 6,535 6,535 (6,239) (6,239) 810 810 50,129 50,129 Restrlcted Funds Tudor Trust Grandparents Plus Support Cobalt Housing Big Lottery Kinship Together Steve thrgan Foundation HAFIOpal The Tudor Trust Fund RU PH Holt Foundation Covid 19 Response Lottery Liverpool City Council SMF Garfield Weston Torus Trusthouse Grant Community Foundation Lancashire Picton Childrens Centre SIB Group - DCLG Challenge (1,640) (4,361) (2,000) (35,106) (5,396) (21,441) (30,873) (617) (1,425) (1,687) (8,354) (11,342) (1,531) (2,016) (14,826) (4) (875) 5,236 5,000 52,201 3,000 17,335 240 5,396 8,076 37,888 6,335 29,015 17,423 19,700 22,000 18,040 1,428 4,171 7,770 942 1,539 2,003 (3) 2,484 84 (17) (8) 13 10,417 33,000 18,174 1,500 968 15 96,249 1.500 20 77,853 (532) (5) (143,152) 162,358 (810) Total Funds 126,876 168,893 (149,391) 146,378 14 Trustees, Remuneration and Benefits There were no trustees, remuneration or other benefits for the year ended 31 Ntsrch 2025 nor for the year ended 31 Ptsrch 2024 15 Trustees, Expenses There were no trustees, expenses paid for year ended 31 March 2025 nor for the year ended 31 March 2024 16 Capital Cornmitments The company had no capital commitments at 31 ltsrch 2025 (2024: None) either contracted for or authorised by the directors but not contracted for. 17