REGISTERED COMPANY NUMBER: 06240260 (Englaiid And IVAles) REGISTERED CHARITY NUMBER: 1123063 KCIL LIMITED Unaudited FfinAncisl StAtements for the Year Ended 31 Mai'eli 2024
KCIL LIMITED Contents of the FinanciAI Stalements for the ycai. ended 31 Mai'ch 2024 PAge Report of tlie Trustees Independelll Exllmlllei s Repoi'l Stfitement of FlnAnelal Actlvllles 10 Balanee Slieet Notes to the FlnAnelAI StAtements 12 to 17 Detailed Statenient of FinAntlAI Aetlvities 18 to 19
KCIL LIMITED (REGISTERED NUMBER: 06240260) Repoi't o(Ihe Ti'ustees foi. Ibe YQAI. ended 31 Mai'ch 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registei'ed ConipAny numbei. 06240260 (England 211d Ivales) Regislei'ed CIIAI'ily number 1123063 Rtgistei'ed offitt River Reach 31-35 High Street Kingston Upon Thanies Suriey KTI ILF Ciii'i'ent Trustees Mrs P Bainford {Fomer RBK Councillor) Ms K E Colenian (Social Care) Ir A L Lee fcA (Accounlaiil) Treasiirer and currei)Ily Aclin8 Chair Irs B Notay Mr5 K Penny (KVA) Mrs M Quinton Chair (on bereavemenl leave) Mrs M Tliompson (Foriner RBK MRyor) CEO Mr J Lanionl Llookkeepei. Mr R A Reilly (retired March 2024) Mrs A vari Eijiisb¢rg¢n (Hppoinled April 2024) liidependent ExaTriiner Ilazel Day XeiTiadin Nightiiigale Hoiise 46-48 East Slreel Epsom Surrey KT17 IHQ
KCIL LIMITED {REGISTERED NUMBER: 06240260) Report of the Truslees for the yeAr ended 31 Mareh 2024 The trustees who are also directors of the charity for the purpose of the Companies Act 2006 present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practise appllcable to charities preparing their account5 in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102} (effective l January 2019) OBJECTIVES AND ACTIVITIES Objectives and aims- KCIL'S mission Is to provlde Informatlon, advice, and support to disabled people living in the Royal Borough of Klngston and the surrounding area and to empower them to have a voice, take control of their lives and be treated equally. Our8oals for 2023124 were to: Empower and support people to live independently, using all their capabilitles. For our staff to continue to listen to and engage with KCIL users. our membership, and stakeholders. Ensure KCIL has the highest possible profile amongst our stakeholders (local commissioners, potential funders, existing and potential members, personal assistants, the public and their polltical representatives) Ensure KCIL remains a Stable and robust or8anisation in the long-term Endeavour to ensure that KCIL has the financial resources to undertake not just our contractual responsibllities, but also the otlier SeICe5 that we aspire to provide. Ensure that KCIL operates Within a robust governance framework. The Board have considered the Charity Commission's guidance on public benefit in planninB and carrying out its activities. To widen the scope of our work beyond Royal Borough of Kingston ("RBK') and our prevlous service offer. ACHIEVEMENT AND PERFORMANCE KCIL has a 56-year history of strlving for a fairer, more Inclusive society. During the past year, we have continued this work, throu8h our day-to-day service to our users, our information helpline; our access work particularly in RBK,. our open and welcoming office. our monthly newsletter; and our events and activities for members and users highlighting the rights of dlsabled people. At the same time, we have made a determined effort to widen, beyond RBK, the range of our services and the geographical area we cover. It has helped KCIL to reduce the risks involved with our dependence on a Ilmlted number of contracts with RBK. The KCIL Board and CEO put In place a strategy in 2022 to increase the number and breadth of the KCIL setvices. Our excellent staff team, so well led by our CEO, have the experience, the training; and the ability to deliver excellent service5 for our users and their commissioners. Following several successful bids, we were pleased to start to supply new services at nei8hbouring London Borough of Sutton - Independent Travel Training SEND {3 Years - April 2023-March20261 and PA Support seNices12 Years- July 2023-June 2025) We were also pleased to support SEND families and children {November 20231 in Southwark Borough via the local Southwark Children's Service, adding a 3 new revenue stream to our services in 2023. KCIL'S reputation has become much wider than it w35 pre covid, but our name is not as well known with the public as we would Ilke. There is continuing work to be done here.
As from I, April 2024 we won the contract to find PAS for Direct Payment bud8et holders in RBK but, despite the high level of service we had provided, Direct Payments in RBK was taken in house. The environment for small local charities is challenging now and we have been working hard to make sure we are supporting members and users with the issues that are important to them. Thank you to all our staff, volunteers, trustees and members for all their contributions over the past year. SEND Support Brokerage KCIL works wlth Achlevlng for Chlldren (Afc) and Klngston and Rlchmond Cllnlcal Commlssioning Group (CCG NHS) This year KCIL has supported 211 children and their families with special educational needs or complex medical conditlons ensuring that families are offered a personalised, independent pathway to a personal budget. Families in KinESton and Richmond are offered information, advice and guidance during this daunting period as well a5 writing support plansi preparing reports and financial budgets for panel decision meetings and annual reviews, sourcing and securlng stafflng and services, and assisting with monitoring financial spending. Personal budgets have been used by parents to fund personal assistants, specialist equipment, Learning Support Asslstants, tutors, Speech and Language therapy, Occupational therapy and other specialist services. Our work with the NHS ICB has seen the number of famllies with complex medical care needs increase to 31 In 2023. Southwark Councll In November 2023 we were pleased to start working with a new local authority- Southwark Council- echolng the SEND Brokerage work we cover with Achieving for Children in Kingston & Richmond and by March 2023 we were supportSng 4 families, we hope to see thls work increase over the course of the year. Sutton Councll Independent Travel Tralnlng Is a programme that trains SEND children and young people who are in receipt of local authorlty assisted travel to use public transport. Travel Training improves the child's confidence, socialisation skills, road safety and awareness, ability to use timetables and payment methods and improves general wellbeing and physical health. This proEramme was given its own brand- Sutton l- and was mobilised in April 2023 with a travel trainer joining the team and the first pupil starting training in May. We have been active in Sutton schools giving presentations and running workshops and assemblies working with SENCO'S and affiliated services in Community Transport and TFL. This has been a refreshlng addltion to the KCIL offer and we look forward to expanding this into other boroughs in the coming years. PA Support Servlce Sutton Councll have commissioned KCIL to improve and develop the PA recruitment market within Sutton as their current internal Direct Payment service has found sourcing and matching PA staff to Direct Payment holders a challenge. KCIL staff have replicated the methods used in Kingston & Richmond to build a database and have successfully matched many PA'S to Sutton DP holders since the contract was mobilised. We have also used our experience in peer support for PA'S and employers to develop a network of support and have used funding from Skills for Care for mandatory training to enhance the skills force of the workforce. This was a one-year pilot that has been successful, and Sutton have optioned KCIL for a 2. year. Informatlon, Advlce & Guldance KCIL remains committed to supporting disabled people and have continued to Use our office in River Reach as a welcoming hub that can be visited for help with application forms, information about disability issues, blue badge applications, pension credit applicatlons, food bank vouchers, energy bank vouchers, accessing the internet and using technology, signpostlng and contacting other services. During the winter of 2023 our River Reach office was open to the public as a Community Hub on Tuesday and Thursday afternoon's, funded by a small grant from RBK. that provided a hot drink and snack to visitors and the
opportunity to socialise. Whilst attending visitors were offered the opportunity to complete a benefits healih check to ensure that all ellgible allowances where being claimed. KCIL offices and staff will remain a warm and welcoming environment for people to visit in the years ahead. Acce5slblllty The KCIL Access Officer has continued to highlight the voices of disabled people in our community to make Kingston an accessible and inclusive place without barriers. KCIL'S online "Access Reporting" function has allowed us to deal with access issues acr055 the borough and has led to several successful improvements. We secured funding from RBK to audit several polling booths across the borough and worked with the New Malden Town Centre Partnership advising on the Jubilee square project. We were pleased to secure a grant from the NHS in late 2023 that has allowed us to expand our work into other borough's. Soclal Actlvltles & Internal staff tralnlng KCIL recognises that many of our members experience perlods of isolation and, with the right support, value opportunities to get out and about and to meet up with other people. This year we were able to Of8anise social activities to include visits to Kew Gardens, coffee mornings and befriendlnB sessions at our office in the High Street, visits to Edith Gardens in Surblton and Klngston Museum. Training, such as First Aid and Safeguarding, is required by our commissioners and regulators and helps to keep staff and servlce users safe. For the 3, year running we secured funding from Skills for Care and were able to arran8e training in First Aid, Safeguarding, Infection Control, manual handlinE, and mental health awareness. Thls vltal training was used to upskill Personal Assistants, Direct Payment holders, unpaid carers and family and Internal KCIL staff and volunteers. Staff identify training in their annual appraisals to help them with their own personal goals and objectives as well a5 KCIL'S overall objectives and requirements, Our internal staff have benefited from social media training, design skills training, lone working, bid writing and project management. Staff have found the training they recelved useful for thelr work and applled what they learned on the tralning courses in various ways at KCIL. Fundrals5ng KCIL'S fotus thSs year was to increase the number and value of funds via Grants and small projects. A member of the team attended a Bid writing course, and both the CEO and team member embarked on sourcing and writing several smaller bids that would enhance the KCIL service. Funding was secured for several projects that saw revenue grow by 118% compared to the previous year (£35k v £16kl Community fundlng remalned at a similar level to last year and we were grateful to receive £4,700 from Malden Golf Club as part of their annual charity golf day. This strale8y will remain in place and ha5 seen further successes into 2024. FINANCIAL REVIEW General Reserves KCIL has operated a prudent flnancial regime for a number of years and this has stood us in good stead durin8 the uncertainty of the covid years, We have adjusted our spending to fit our predicted income, and we have maintained tight control over staffing and expenditure. Our aim is to hold reserves equating to 6 months of expenditure. With general reserves at £262K we are above that target but the current level Is consistent with our plans to build revenues and related expenditure.
KCIL LIMITED (REGISTERED NUTrIBER: 06240260) Report of ihe Ti'ustee5 foy the year ended 31 Marek 2024 Identified Rlsk5 KCIL'S Board regularly review the risks which we identify as significant to the long-term viability of KCIL and attempt to mitigate them as far as is practical. The main identified risks are: Offlce Premlses- we do not have the luxury of council subsidised office space and must pay market rental for our Kingston office which is well placed but a nightmare for parking. To find the right premises with the ideal facilities and location for users and staff will require a commitment in the form of a longer term lease. Thus our reseeS policy, and working from home and desk rotatSon at the office. With more contracts coming from outside RBK we are aware that we also need to consider an additional hub at some point. Loss of key staff and or Trustee- we review successlon planning regularly and use focused training and appraisal to develop our staff team. Nevertheless much rests on the shoulders of our excellent CEO. In addition, our Treasurer Is acting as our Chair ofTrustees and this is not ideal gwen his other trustee commitments. We are instigating a search for a Chair or at least a co-chalr. Too high a percentage of our revenue accrues from one customer. Thls was the case up till March 2023. However, our drlve to diversify the services we offer and the customers we serve has meant that the loss of our DP contract with RBK has not been the disaster it might once have been. We have, and will continue to, successfully enlarge our service area offer and our customer base. Stafflng costs. We highly value our excellent staff and aim to ensure that their salaries are competitive wlth the best of the local charity sector. Achieving this over the last few years which included covid and inflatlon has not been easy, We monitor salary costs by contract as we know that we must provide value for money while in practice also offering the individual care our disabled users require. We aim to use good planning and organisation for each contract to ensure we have happy and fulfilled staff who provSde efficient and effective services to our customers and service users. Longer term contracts wlth Ilmlted or no allowance for Inflatlon. Some procurers are asking for fixed term contracts with no allowance for inflation or employment cost changes. We look very carefully at these contract5 and have to be prepared to walk away if their requirements are unrealistic. Future Plans Our strategic plan sets out that we need to build upon providing a wider range of servlces and projects in order to ensure we are not dependent on a single contract or customer. Thi5 may require that we move to new offices and we aspire to include at thi5 new home better meeting facilities for our members and users. In addition, we want to be financially robust to allow us to restart our Holiday Fund and to provide greater accessibility audits across SW London. 2024/25 has started well but we have much to build on.
KCIL LIMITED (REGISTERED NUMBER: 06240260) Report of the Trustees for Ihe ytar ended 31 MArch 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by Its governlng document, a deed of trust, and Is tonstituted as a company• limited by guarantee, as deflned by the CompaniesAct 2006. Constituted in 1968, KCIL hasdeveloped into an organisation of disabled people, with a clear and firm commitment to Independent livingi cholce, control and equality. KCIL 15 constituted to meet the needs of disabled people In and around The Royal Borough of Klngston upon Thames IRBK), particularly by representin8 and supportlng thelr full equallty and Incluslon In order that they mlght lead Independent and empowerln8 lives. Trustees are voted In at each Annual General Meetln& thereby formlng the Board of Trustees of KCIL; there must be a minlmum of three trustees. The sklll requirements for the Board of Trustees are kept under review and when a trustee retlres or addltlonal new skllls are Identlfied as requlred, the Board wlll Initiate a recrultment procedure. New trustees mav be sought by open advertlsement, through dialo8ue with sultable candldates, and through nom5natlons at the Annual General Meetlng. The ethos of the organlsatlon, partlcularty Its commitment to the concept of Independent living and the Social Model of Disabilityj are taken into account when recrultlng new trustees. The ultimate declslon is a matter for the current Board of Trustees who wlll co.opt a new Trustee untll conflrmed at the next AGM. Trustees 'meetings (known as Board of Trustees meetings), are where Board membeis a8ree ihe broad strategy and areas of actlvity for the or8anlsatlon, includlng grant making crlteria, level of reserves, risk management, perforrnance and policles. The day-to.day administration of grants and operational management of KCIL activities is delegated to the Chief Executive. The welcome pack for new trustees includes a brief history of KCIL, the organisation's Strategy document and current Business Plan. a copy of the Charity Commlssion's 8uldance 'The Essential Trustee." What you need to know,, as well as compliance documents. The Inductlon process for new trustees comprises an Inltial meeting With the Chair of the Board of Trustees and a series of meetings with the Chlef Executlve relatlng to KCIL Services, our ethos, and the powers and responsibilities of the Board of Trustees. New Trustees are also encouraged to vislt the office to meet the wider staff, Appro by order of the bogyd of trustees on ....... And Bigned on its behAlf by: rustee
Independent Examiner's Report to the Trustees of KCIL Limited (Registered number: 06240260) for the yenr ended 31 Mairh 2024 Inilependent examinei s repoi't to the truslees of KCIL Limited ('the CompAny') I report lo the cliarily trustees on my examiiiation of the accounts of the Compaijy for the year ended 31 March 2024. Respon$lbilitie5 and basis of i'eport As the charity's IrLlStees of ihe Company (and also ils directors for the purposes of con)pany IAiv) you are responsible for the preparation of the accounts in accordance iviili the requireinents of the Companies Act 2006 ('tlie 2006 Act,). Having satisfied myself that the a¢¢ounls of the Company are not required to be audited under Parl 16 of the 2006 Act and are eligible for independent exaniinalion, I report in respect of niy examination of your charity's accounts as carried out uiider Section 145 of the Charities Act 2011 ('Ihe 201 l Act,). In carrying oul my exan)inalion I liave folloiyed Ilie Directions given by the Charity Comn)ission under Section 145(5) (b) of ihe 201 l Act. Indepeiident exRmltter'$ stRlemenl Since yoiir charity's gr05s income exceeded £250,000 your examiner must be a member of a listed body. I can confirm tlial I am qiialified lo undertake the examination because l am a member of the Inslilute of Chartered Accountants in England and Ivales, which 15 one of ihe listed bodies. I have conipleted my examinftlion. I confirni that no matlers have come lo my allenlion in connection ivilh the exaniinalion giving me cause to believe: accounting records ivere noi kept in respect of the Company as required by Section 386 of Ihe 2006 Acl. or the accounts do not accord ivilli Iliose records. or the accounts do not comply iyith the accounting requirements of Section 396 of Ihe 2006 Act other Ihaii any requirement that the accounts give a true and fair view which is not a malter considered as part of an independent examination. or the accounts have not been prepared in accordance ivith Ihe methods and principles of the Sialemenl of Recommended Praclice for accouiiling and reporting by charities (applicable lo charities preparii)g Il)eir accounts in accordance ivith the Finaiicial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102)). liave no concerns and have come across no other mallers in connection ivith the examination lo ivhich altenlion shoiild be draivn in this report in order to enable a proper understanding of the accounts to be reached. Hazel Day Xeiiiadin Nightingale Holise 46-48 East Street Epsoni Siirrey KT17 IHQ Date..
KCIL LIMITED Slitemtnl of FiJiAneiAI Activitles ror the )'eAr ended 31 Mai'eh 2024 2024 Total fiinds 2023 Total funds u1)stricted funds Restricted funds Notes INCOlE AND ENDOIVMENTS FROM Doi)attons, legacies grants 37,889 37,889 22,251 Cliaj'itable activities Iiidependenl living support services 405,737 405,737 302,594 Investment iiicome Total 446 845 446 845 327 782 EXPENDITURE ON CIIAI'itAble Aetlvltles Indepeildenl living support services 387291 387 291 373,954 NET INCOTrIEI{EXPENDITURE) 59,554 59,554 (46,172) RECONCILIATION OF FUNDS Toial fliiids broughi forivard 203,078 203,078 249,250 TOTAL fi UNDS CARRIED FORIVARD 262 632 262 632 203 078 10 Tlie notes forni part ofihese financial statements
KCJL LIMITED {RECISTERED NUMBER: 06240260) Balance Sheet 31 MRrch 2024 2024 Total funds 2023 Totsl ds Unrestricted funds Restrlcted funds Noles CURRENT ASSETS D¢btors Cash at bank and in hand 69.473 69,473 282 122 37,053 204 989 351,595 351.595 242,042 CREDITORS Amounts falling due wiiliin one year 12 (88.963) (88,963) (38,964) NET CURRENT ASSETS 262 632 26 203 078 TOTAL ASSETS LESS CURRENT LIABILITIES 262,632 262,632 203,078 NET ASSETS 262 632 203 078 FUNDS Unrestri¢t¢d funds 14 262 632 203 078 TOTAL FUNDS 262 632 203 078 The cliarÈtable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for theyear ended 31 Mar¢li 2023. The mcmbcrs havc not rcquircd the comparby to obtain an audit of ils financial statements for the year ended 31 March 2023 in rd811r% with Se¢iion 476 of th¢ Compani¢5 A¢t 2006, The trustees acknowledge their responsibilities for (a) ¢nsuring that lh¢ ¢h8rilabl¢ ¢omp8ny ke¢ps ac¢ounling re¢ord$ that ¢omply with Sc¢tions 386 and 387 of Ilie Companies Art 2006 and preparing financiAI slaiemenls which give a (Tue and frdir view of ihe stale of affairs of tho cliaritsble COTnpany as al the end ofeach financial year and ofits sulUS or deficit for each financial year in accordance witli Ili¢ f¢qUiTemenl$ of Sli0ns 394 and 395 and wlii¢h olli¢rwise winply with th¢ requircmenls of the Companies Act 2006 relating to financial statements. so far AS applicable to Ihe cliaritsble company. (b) These fin8nei81 statements have been prepared in accordance with the provisions applic4ble lo charitable companies subje¢l to the small companies re8im¢. The financial stalernentswere approved by the BoArd ofTTUSte&% And authorised for issue on ......... were sign on its beh&ifby- .and Iistee The notes fom) part of these financial stslements
KCIL LIMITED Notes lo tlie Financlal Statemenls foi. the yeAr ended 31 MAI'eh 2024 ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financial slateInenls of Ihe charitable company, Ivhich is a public benefit entity iii)der FRS 102, have been prepared iii accordance iyiih the Charilies SORP (fRS 102) 'A¢counling and Reporting by Charities: Statemeiil of Recominei)ded Prdctice applicable to charities weparing Iheir accoiinls in accordance iviih tlie Finaiicial Reporting Standard applicable in Ilie UK and Repiiblic of Ireland (FRS 102) {effeciive l January 2019),. FiiiaT)cial Reporting Staiidard 102 'Tlie Financial Reporting Slandard applicable iii Ilie UK and Republic of Ireland, aiid Ilie Compai)ies Aci 2006. Tlie fiiiancial statements have been prepared under the historical cost convention. INCOMF. All income is recogiiised in ihe Statement of Financial Activities once Ihe eharity has eijtitleinenl lo ihe fiinds, Tt is probable Iliat the income ivill be received, and the amounl can be measured rcliably. EXPENDITURE Liabililies are recognised as expeiidilure as sooii as ihere is a legal or conslruclive obligation coinmitlin2 Ihe cliarity to Il)at expendit11, il is probable that a traiisfer of economic benefits ivill be required iii settlemenl and the amoiint of the obligatioii can be measured reliably. Expeiidilure is accounted for on an accriials basis and has been classified under h¢adiiigs that A£greEale all cost related to Ihe Category. Ivhere costs cannot be directly atlribuled lo particular headings Ihcy havc bcen all(Kated lo activities on a basis consistent iviih the use of resources, Gi'ants olTered siibjecl to conditions ivhich have nol been met al the year end date Are noled as a Commiliiienl but not accru¢d as ¢xp¢ndilur¢. TAXATION Tlie charity is exempt froni corporalion tax oil its eharilable aclivilies. FUND ACCOUNTING Unreslricled fiinds can be used in accordance iviih ilie charitable objectives at ihe discr¢lion of the triistees. Reslricled funds con only be used for porticular reslri¢led piirposes iyilhin the objects of the charity. Reslriclions arise Ivhen specified by the doiior or ivhen fiii)ds are raised for particular reslricted purposes. Fiirther explanation of the nAliire and purpose of each fund is included in tlie iiotes lo Ilie finan¢iAI slalements. DONATIONS, LEGACIES #nd GRANTS 2024 2023 Donations Grant$ 2,510 5,851 12 coiitinued...
KCIL LIlITED Notes lo the FinanciRI Slalements - conlinued for the yeAr ended 31 MAreh 2024 INVESTMENT INCOME 2024 2023 Deposit accouiit interest INCOTrIE FROfvI CHARITABLE ACTIVITIES 2024 2023 Activity Independeni living support services Service contracls Fiindraising Events Membersliip subscriptions Suiidry oilier ii)coine 395,273 10.230 234 294,572 5,638 323 2,061 405,737 302 594 CHARITABLE ACTIVITIES COSTS Support Costs (see iiole 7) Direct Costs Tota15 liidepeiidei)t livii)g siipport 5erYices 383,571 387291 SUPPORT COSTS Goveri)aiice costs Independeiii living support services 3,720 TRUSTEES, REMUNERATION AND BENEFITS Thei'e ivere iio Iriislees, remiiiieralion or oihei benefits for the year ended 31 Marcl12024 nor for Ihe year elided 31 Marcli 2023. TRUSTEES, EXPENSES There iyere no Iruslees, e.xpenses paTd for tlie year ended 31 March 2024 iior for the year elided 31 Mar¢11 2023. 13 ¢oJ)lii)Iied.
KCIL LIMITED Notes to the FinAncial SIA¢¢menl$ - eontlnued roi. the yeAr ended 31 Trlarcli 2024 STAfiF COSTS 2024 2023 Ivages and salaries 282 080 272 201 The average n)oiitlily number of employees during the year ivas as folloivs: 2024 2023 Cliaritable activities No einployees received emolunients in excess of £60,000. COMPARATIVES (Re 2022123) FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds fiiiids Tolal fiinds Al 31.3.23 At 31.3.23 ENCOME AND ENDOIVfvIENTS FROM Donations and legacies 22.251 22,251 CIIAI'itabl¢ a¢liviti¢s Iiidcpcndcnt living support 5ervice$ 302,594 302,594 Investment ijicoine Totil 327 782 327 782 EXPENDITURE ON ChAI'ltAble activities Ii)dependent living si?pporl services 373 954 373 954 NET DEFICIT (46,172) (46,172) RECONCILIATION or FUNDS Total Iiiiids broii81il foVard 249,250 249,250 TOTAL FUNDS CARRIED FORIVARD 203 078 203 078 14 coiiliiiued...
KCIL LIMITED Noles lo lh¢ Financial Statements- eonlinued for tlie year ended 31 Mareh 2024 io. DEBTORS: AMOUNTS FALLING DUE IVITHIN ONE YEAR 2024 2023 Trade debtors Pi'epayments and a¢¢rued income 60,968 29,936 7.117 CREDITORS: AMOUNTS FALLING DUE IVITHIN ONE YEAR 2024 2023 Trade Creditors Social security aiid otlier taxes VAT Other eredilors AccrLials and deferred ineon)e 14,318 5,719 14,54 3,521 2,708 4.178 9,334 1,391 12. LEASING AGREEIVIENTS Miiiiii)Iini lease payments under non-cancellable operating leases fall due as folloiys: 2024 2023 Iviihiii one year Viil)in tsyo lo five years 25,000 25,000 Fi'om October 2023 KCIL cominitted lo a furtlier lease of 2 years al a rent of £25,OOOpa. 13. IOVEMENT IN FUNDS Nel moi*emeiit funds At 1.4.23 At 31.3,24 Uni'esti'icl¢d fuiids GencrMI fiiiid 203 078 262 632 TOTAL FUNDS 203 078 262 632 15 coiitinLied...
KCIL LIMITED Noles to the Fiiianciil Statements - eokntiniKed for fhe )'ear ended 31 March 2024 13. MOVEMENT IN FUNDS- continued The traiisfers betiveen funds reflect that the Board no long¢r consider ihai iinreslricled reserves shoiild be allocated to projects ivhich may or may not occur iii th¢ fiilure and ihal unrestricted funds should be sho%vn in tlieir ejilirety as a single unreslricled reserve. Nel movenient in fiinds. included in the above are as folloivs: Incoming resources Resoiirces e.xpended Movemenl in thnds Uilresti'ieted funds General fund 446,845 (387.291) 59,554 TOTAL FUNDS 446,845 387291) ConipAI'Atlves (R¢ 2022123) for mov¢m¢nl in funds Net mov¢nient in fiinds Transfers beliveen funds Ai 31,3.23 At 1.4.22 Uni'estt'leled funds Geiieral fiiE)d OlCe move fiind Opportiinity Fund 189,250 30,000 30,000 13,828 203,078 (30,000) (30,000) TOTAL FUNDS 249 250 203 078 Coinparative {r¢ 2022123) net movement iii fui)ds, included in the above are as folloivs.. Incoining resources Resoiirces expeiided Moveiiiei)t tn funds Uni'esli'icted funds GeiierAI flind 327 782 373 954) 46 172) TOTAL fiUNDS 327 782 373,954) 46 172) 16 conti1lLied...
KCIL LIMITED Notes to the FinanciAI Statements- eontlnued ror the )'ear ended 31 Mgl'ch 2024 14. RELATED PARTY DISCLOSURES Tliere ivere no related party transactions for the year ended 31 March 2024. 17 coiItillLied,..