**Registered number: 06558879**
**Charity number: 1123878**
**The Kench Hill Charity**
**(A company limited by guarantee)**
**Financial statements for the year ended 31 March 2021**
**The Kench Hill Charity (A company limited by guarantee)**
||Page|
|---|---|
|**Trustees**|1|
|**Reference and administrative details of the charity and advisers**|2|
|**Trustees' report**|3 - 8|
|**Independent examiner's report**|9|
|**Statement of financial activities**|10|
|**Balance sheet**|11|
|**Notes to the financial statements**|12 - 20|
**The Kench Hill Charity**
## **(A company limited by guarantee)**
## **Trustees for the year ended 31 March 2021**
## **Trustees**
N Corker, Chairperson Ms N M G Baboneau Ms S Bain Ms E Cooke-Szewczyk Ms L Goodison (appointed 12 February 2020)
B G Hawes
C J Larter MBE (deceased 16 December 2020) Mrs N Mulholland Ms M Rees
Page 1
**The Kench Hill Charity**
## **(A company limited by guarantee)**
## **Reference and administrative details of the company and advisers for the year ended 31 March 2021**
**Company registered number**
06558879
**Charity registered number**
1123878
## **Registered office**
Kench Hill Centre, Appledore Road, Tenterden, Kent, TN30 7DG
## **Accountants**
Chavereys, 2 Jubilee Way, Faversham, Kent, ME13 8GD
## **Bankers**
NatWest Bank plc, 58 High Street, Tenterden, Kent, TN30 6AX
Page 2
**The Kench Hill Charity**
## **(A company limited by guarantee)**
## **Trustees' report for the year ended 31 March 2021**
The trustees present their annual report (incorporating the directors' report) together with the financial statements of the company for the period 1 April 2020 to 31 March 2021. The trustees confirm that the annual report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), 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).
Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.
## **Structure, governance and management**
## **Constitution**
The company was incorporated on 8 April 2008 and registered as a charity on 24 April 2008.
## **Method of appointment or election of trustees**
The management of the company is the responsibility of the trustees who are elected under the terms of the Memorandum of Association.
New trustees are invited to meet the other trustees and key employees at the Centre, they are briefed on the organisation, current plans and the financial status of the charity. New trustees are advised of their legal obligations under charity law and are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
## **Organisational structure and decision making**
The Kench Hill Charity is governed by the board of trustees, which meets termly (3 times a year). It is responsible for the management of the Kench Hill Centre and strategic direction and management of the "activities" of The Kench Hill Charity.
Management of the centre is delegated to the Head of Centre, currently Ms Sandi Bain. Most staff are employed by The Hackney Learning Trust and seconded to The Kench Hill Charity. The Head of Centre is responsible for managing the budget agreed by the board of trustees, for implementing curriculum development and management of the premises in accordance with health and safety legislation and guidelines.
## **Risk management**
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
Page 3
**The Kench Hill Charity**
**(A company limited by guarantee)**
## **Trustees' report (continued) for the year ended 31 March 2021**
## **Objectives and strategies for achieving objectives**
## **Policies and objectives**
The Kench Hill Charity seeks to deliver life-changing experiences for young people and adults by providing educational and recreational activities that inspire personal development, self-confidence, independent life skills and that promote healthy lifestyles in a safe, supportive environment with good quality affordable accommodation for groups which do not have access to other facilities.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular the trustees consider how planned activities will contribute to the aims and objectives they have set.
## **Strategies for achieving objectives**
The key objectives for the financial period under review were:
- . Major internal redecoration
- . Development of woodland camp as teaching resource for Forest School activities
- . Renovation of external games area and new games hut
- . Special needs nurture group day visits with local schools
- . Growth of Forest School and Home Education groups day visits
- . Installation of yurt to provide an additional 6 bed spaces and workshop space
- . Redesigned website
## **Activities, achievements and performance**
## **Review of activities**
The charity remained operational throughout the year, diversifying its offer to include day visits during term-time, providing affordable outdoor education to key worker and vulnerable children from the Tenterden Rural Alliance, a consortium of local schools in Tenterden and surrounding villages. The charity also developed holiday clubs for local children, a popular child care facility for many families. The charity worked towards the redefined core values of DINE - Diversity, Inclusion, Nurture/Nature and Education in the Environment.
## **Achievements**
- . All internal areas of the main building were redecorated to a high standard, larger bedrooms being themed with hand-painted murals. This was achieved in-house through redeployment of domestic staff. Core areas of external woodwork were also repainted.
- . A Forest School area in adjacent woodland was completed with a Mud kitchen for Early Years participants, plus camp cookery and shelter-building areaa. It was used regularly by key worker and vulnerable children for outdoor education throughout the pandemic, as well as holiday clubs.
- . A new indoor Games Area was created, with new flooring partly funded by Tenterden Rotary Club. An undercover table tennis area was also improved with installation of concrete flooring.
- . Partnerships with local schools and Home Education groups has generated a sustainable new business stream. Teaching staff gained experience working with children with Special Educational Needs of all ages, and developed many new educational activities and resources. Holiday clubs were very successful and were all over-subscribed.
Page 4
**The Kench Hill Charity (A company limited by guarantee)**
## **Trustees' report (continued) for the year ended 31 March 2021**
- . Six staff undertook or renewed their First Aid qualification.
- . Due to Covid-19, plans for expansion, including installation of a yurt, were put on hold.
- . Newly designed website had a soft launch in March, with further refinements to be implemented.
- . Legacy of £10 000 received from Mrs Christine Fisher, plus donation of £2,000 from a Hackney resident.
- . An Art Exhibition was set up in the Straw Hall in the winter, but with limited visitor numbers as the Kent lockdown was announced in November.
## **Public benefit delivered by the charity (statistics)**
- .
## **School educational groups**
All residential school visits were cancelled during 2020-21. New links were established with local schools as we assisted with the community response to the Covid pandemic. 81 days of outdoor education were provided during the year to local schools and Home Educators, mainly for children with special educational needs. The charity also provided weekly 1:1 Alternative Provision for 2 primary children with behavioural difficulties who cannot access a classroom setting.
- .
## **Holiday clubs**
29 days of holiday club provision were created for local children, working within Covid-19 guidelines. Groups of 15-30 children attended day care provision, at affordable rates.
- .
## **Kench Hill Bursary (School Journey Grant** )
No bursaries were awarded during the year. We received a legacy of £10,000 from the deceased mother of Mrs Christine Fisher who was born at Kench Hill, plus an anonymous donation of £2,000 from a Hackney resident. These funds will provide bursaries for 2021-22.
- .
## **Short Breaks for families of children with special needs**
78 subsidised places were provided during four Short Break weekends between August and December 2020. These fully-catered, supported holidays were permissible under the Covid regulations.
Page 5
**The Kench Hill Charity (A company limited by guarantee)**
## **Trustees' report (continued) for the year ended 31 March 2021**
## **Other residential groups using Kench Hill included:**
## **Faith/spiritual groups**
South East London Malayalee Association Friends of Shekel Cong TYY
## **Other charitable/cultural groups**
Orthodox Jewish families Happy Wellfullness Retreat
## **Day visitors**
Tenterden Rural Alliance schools ‘Crafty Basketry’ weaving craft groups Holiday clubs for local children aged 4-15 Alternative provision for two SEND pupils from local Kent County Council schools
## **Occupancy rate 45%**
Kench Hill Charity provided 164 days of service to the community during the pandemic.
## **Visitor numbers**
Numbers are not comparable with previous years because of the impact of Covid. Unlike in previous years many visitors came regularly on repeated occasions.
## **Financial review**
## **Reserves policy**
The charity retained free reserves of circa £19,000 at the end of March 2021. This is deemed sufficient to allow the charity to operate for one month in the event income from the centre is interrupted, Hackney Education has agreed an interest-free loan of £90,000 from May 2021 to provide the charity with liquid funds to enable the charity to continue to operate if the Covid-19 pandemic continues to affect income.
Page 6
**The Kench Hill Charity (A company limited by guarantee)**
## **Trustees' report (continued) for the year ended 31 March 2021**
## **Results for the year**
The Covid-19 pandemic caused the forced cessation of our usual business, as residential school groups and most selfcatered bookings were not permitted during the entire period of 2020-21. This resulted in a large financial deficit, although staffing costs were reduced through access to the government furlough scheme. Essential expenses were partially offset by Additional Restrictions grants. It was considered inadvisable to close down operations fully as this would result in deterioration of the fabric of the Grade II listed building, with potentially high cost of restoration. There has been an increase in income from donations and grant funding.
The charity incurred a deficit for the year of £84,474 on unrestricted funds and a surplus of £7,817 on restricted funds.
As at 31 March 2021 the charity had total restricted and unrestricted funds of £245,952 (2020: £322,609).
## **Plans for future periods**
- . Manage a phased return to normal operations post-Covid.
- . Further maintenance and property improvements. Phased painting of all external woodwork and ironwork on main building; restoration of original Georgian panelling in main lounge; external painting of Straw Hall and Barn Classroom.
- . Restoration of Coach House pond to benefit wildlife, in conjunction with English Nature.
- . Increase uptake by local schools using Little Cheyne Wind Farm grant.
- . OFSTED registration as childcare facility for over 5’s, to enable local families to use childcare vouchers for affordable holiday provision.
- . Fund-raising activities including Winter Art Exhibition and Open Days.
- . Further improvements to website.
## **Statement of trustees' responsibilities**
The trustees (who are also directors of The Kench Hill Charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the
Page 7
**The Kench Hill Charity (A company limited by guarantee)**
## **Trustees' report (continued) for the year ended 31 March 2021**
charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the trustees on 22 July 2021 and signed on their behalf by:
**N Corker** Chairperson
Page 8
**The Kench Hill Charity (A company limited by guarantee)**
## **Independent examiner's report for the year ended 31 March 2021**
## **Independent examiner's report to the trustees of The Kench Hill Charity**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2021.
This report is made solely to the company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's trustees, as a body, for my work or for this report.
## **Responsibilities and basis of report**
As the trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Dated: 22 July 2021
M A Crawley FCA TEP
**Chavereys** Chartered Accountants Faversham
Page 9
## **The Kench Hill Charity**
## **(A company limited by guarantee)**
## **Statement of financial activities incorporating income and expenditure account for the year ended 31 March 2021**
|**Note**
**Income from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net deficit before other recognised gains**
**and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Restricted**
**funds**
**Unrestricted**
**funds**
**2021**
**£**
**2021**
**£**
**11,000**
**90,850**
**-**
**38,963**
**-**
**6,846**
**-**
**58**
**11,000**
**136,717**
**3,183**
**221,191**
**3,183**
**221,191**
**7,817**
**(84,474)**
**7,817**
**(84,474)**
**78,364**
**244,245**
**86,181**
**159,771**|**Total**
**funds**
**2021**
**£**
**101,850**
**38,963**
**6,846**
**58**
**147,717**
**224,374**
**224,374**
**(76,657)**
**(76,657)**
**322,609**
**245,952**|_Total_
_funds_
_2020_
_£_
_16,923_
_195,500_
_28,735_
_257_|
|---|---|---|---|
||||_241,415_|
||||_255,822_
_255,822_
_(14,407)_
_(14,407)_
_337,016_
_322,609_|
The notes on pages 12 to 20 form part of these financial statements.
Page 10
## **The Kench Hill Charity (A company limited by guarantee) Registered number: 06558879**
## **Balance sheet as at 31 March 2021**
|**Note**
**Fixed assets**
Tangible assets
10
**Current assets**
Stocks
11
Debtors
12
Cash at bank and in hand
**Creditors:**Amounts falling due within one year
13
**Net current assets**
**Net assets**
**Charity funds**
Restricted funds
14
Unrestricted funds
14
**Total funds**|**£**
**-**
**11,781**
**52,277**
**64,058**
**(31,262)**|**2021**
**£**
**213,156**
**32,796**
**245,952**
**86,181**
**159,771**
**245,952**|_£_
_900_
_5,855_
_125,237_
_131,992_
_(30,912)_|_2020_
_£_
_221,529_
_101,080_|
|---|---|---|---|---|
|||||_322,609_|
|||||_78,364_
_244,245_|
|||||_322,609_|
The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements were approved and authorised for issue by the trustees on 22 July 2021 and signed on their behalf, by:
## **N Corker (Chairperson)**
The notes on pages 12 to 20 form part of these financial statements.
Page 11
**The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **1. Accounting policies**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with Statement of Recommended Practice (SORP), 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Kench Hill Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **1.2 Company status**
The charity is a company limited by guarantee. In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.
## **1.3 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **1.4 Income**
All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefit will be required in settlement and the amount of the obligation can be measured reliably.
Charitable activities and governance costs are costs incurred on the charity's educational operations, including support costs and costs relating to the governance of the charity. Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
The charity is not, and is not required to be, registered for Value Added Tax (VAT), consequently all expenditure is stated gross of any irrecoverable VAT incurred.
## **1.6 Going concern**
There are no material uncertaintities about the charity's ability to continue as a going concern.
Page 12
**The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **1. Accounting policies (continued)**
## **1.7 Tangible fixed assets and depreciation**
All assets costing more than £1,000 are capitalised.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the statement of financial activities incorporating the income and expenditure account.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
- Tenant's improvements to property 2-4% straight line - Fixtures, fittings and equipment 20% straight line
## **1.8 Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
## **1.9 Pensions**
The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
## **1.10 Financial 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 method.
Page 13
## **The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **2. Income from donations and legacies**
|Donations
Grants
Total donations and legacies
_Total 2020_|**Restricted**
**funds**
**Unrestricted**
**funds**
**2021**
**£**
**2021**
**£**
**10,000**
**2,312**
**1,000**
**88,538**
**11,000**
**90,850**
_-_
_16,923_|**Total**
**funds**
**2021**
**£**
**12,312**
**89,538**
**101,850**
_16,923_|_Total_
_funds_
_2020_
_£_
_3,698_
_13,225_|
|---|---|---|---|
|||||
|||||
||||_16,923_|
|||||
|**3.**|**Income from charitable activities**|||
|---|---|---|---|
|||**2021**|_2020_|
|||**£**|_£_|
||School journeys and educational breaks|**38,963**|_195,500_|
All income from charitable activities in the current and prior year related to unrestricted funds.
|**4.**
**Other trading activities**
Centre hire and team building events
Solar energy|**2021**
**£**
**5,100**
**1,746**
**6,846**|_2020_
_£_
_26,021_
_2,714_|
|---|---|---|
||||
||||
|||_28,735_|
All income from other trading activities in the current and prior year related to unrestricted funds.
## **5. Analysis of expenditure by activities**
|Educational field trips
_Total 2020_|**Activities**
**undertaken**
**directly**
**Support and**
**governance**
**costs**
**2021**
**£**
**2021**
**£**
**218,108**
**6,266**
_248,066_
_7,757_|**Total**
**2021**
**£**
**224,374**
_255,823_|_Total_
_2020_
_£_
_255,823_|
|---|---|---|---|
|||||
Page 14
## **The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **6. Direct costs**
|Educational services charged by LBH
Catering
Premises maintenance
Equipment maintenance
Laundry and cleaning
School journey disbursements
Motor expenses
Heat and light
Rates and water
Advertising and marketing
Insurance
Bad debts
Wages and salaries
National insurance
Pension cost
Depreciation
_Total 2020_|**Total**
**2021**
**£**
**130,525**
**388**
**14,287**
**715**
**1,267**
**3,992**
**669**
**4,423**
**7,136**
**662**
**2,761**
**-**
**41,951**
**538**
**425**
**8,369**
**218,108**
_248,066_|_Total_
_2020_
_£_
_149,661_
_8,388_
_7,657_
_2,289_
_4,693_
_18,079_
_2,149_
_9,554_
_7,418_
_2,311_
_2,981_
_200_
_24,724_
_-_
_205_
_7,757_
_248,066_|
|---|---|---|
||||
£3,183 (2020: £11,068) of direct costs related to restricted funds and the balance related to unrestricted funds.
## **7. Support and governance costs**
|IT, telephone and postage
Stationery and office costs
Bookkeeping and accounts software
Independant examiner's fee (governance cost)
Legal fees
_Total 2020_|**2,535**
**1,037**
**343**
**2,340**
**11**
**6,266**
_7,757_|_3,052_
_1,916_
_449_
_2,340_
_-_|
|---|---|---|
||||
||||
|||_7,757_|
||||
All support and governance costs in the current and prior year related to unrestricted funds.
Page 15
## **The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **8. Net income**
This is stated after charging:
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Depreciation of tangible fixed assets:|||
|- owned by the charity|**8,373**|_7,757_|
During the period, no trustees received any remuneration, benefits in kind or reimbursement of expenses.
## **9. Staff costs**
Staff costs were as follows:
|Wages and salaries
Social security costs
Pension costs|**2021**
**£**
**41,951**
**538**
**425**
**42,914**|_2020_
_£_
_24,724_
_-_
_205_|
|---|---|---|
|||_24,929_|
The average number of persons employed by the charity during the year was as follows:
|**2021**|_2020_|
|---|---|
|**No.**|_No._|
|**6**|_7_|
No employee received remuneration amounting to more than £60,000 in either year.
Most of the staff at the Kench Hill Centre are employees of the London Borough of Hackney, the services they provide to the charity are recharged at cost.
Page 16
**The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **10. Tangible fixed assets**
|**10.**
**Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost**
At 1 April 2020 and 31 March 2021
**Depreciation**
At 1 April 2020
Charge for the year
At 31 March 2021
**Net book value**
At 31 March 2021
_At 31 March 2020_
**11.**
**Stocks**
Heating oil
**12.**
**Debtors**
Trade debtors
Prepayments and accrued income
**13.**
**Creditors: Amounts falling due within one year**
Bank overdraft
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income|**Tenant's**
**improvements**
**to property**
**£**
**258,101**
**43,638**
**5,707**
**49,345**
**208,756**
_214,463_
||**Fixtures,**
**fittings and**
**equipment**
**£**
**20,130**
**13,064**
**2,666**
**15,730**
**4,400**
_7,066_
**2021**
**£**
**-**
**2021**
**£**
**7,838**
**3,943**
**11,781**
**2021**
**£**
**908**
**14,391**
**756**
**68**
**15,139**
**31,262**|**Total**
**£**
**278,231**
**56,702**
**8,373**
**65,075**
**213,156**
_221,529_
_2020_
_£_
_900_|
||||||
|||||_2020_
_£_
_2,448_
_3,407_|
|||||_5,855_|
|||||_2020_
_£_
_120_
_13,261_
_389_
_200_
_16,942_|
|||||_30,912_|
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## **The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **14. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General funds
**Restricted funds**
LBH - Straw Bale classroom
Friends of Kench Hill - student bursaries
Hackney Ark - short breaks
Wates - solar panels
LBH - short breaks capital grant
Christine Fisher bursary fund - student bursaries
Student bursary fund
Total of funds
**Statement of funds - prior year**
General funds
**Restricted funds**
Connect and Collect - local primary school day trips
LBH - Straw Bale classroom
Friends of Kench Hill - student bursaries
Hackney Ark - short breaks
Wates - solar panels
Brook Trust - sports equipment
West Hackney Parochial Fund - school visit
LBH - short breaks capital grant|**Brought**
**forward**
**£**
**244,245**
**Brought**
**forward**
**£**
**46,800**
**2,275**
**3,397**
**22,316**
**3,576**
**-**
**-**
**78,364**
**322,609**
_Balance at_
_1 April 2019_
_£_
_260,809_
_Balance at_
_1 April 2019_
_£_
_1,000_
_47,840_
_-_
_3,471_
_23,491_
_405_
_-_
_-_
_76,207_|**Income**
**£**
**136,717**
**Income**
**£**
**-**
**-**
**-**
**-**
**-**
**10,000**
**1,000**
**11,000**
**147,717**
_Income_
_£_
_228,190_
_Income_
_£_
_4,000_
_-_
_2,495_
_-_
_-_
_-_
_1,730_
_5,000_
_13,225_|**Resources**
**expended**
**£**
**(221,191)**
**Resources**
**expended**
**£**
**(1,040)**
**-**
**(74)**
**(1,175)**
**(894)**
**-**
**-**
**(3,183)**
**(224,374)**
_Resources_
_expended_
_£_
_(244,755)_
_Resources_
_expended_
_£_
_(5,000)_
_(1,040)_
_(220)_
_(74)_
_(1,175)_
_(405)_
_(1,730)_
_(1,424)_
_(11,068)_|**Balance at**
**31 March**
**2021**
**£**
**159,771**
**Balance at**
**31 March**
**2021**
**£**
**45,760**
**2,275**
**3,323**
**21,141**
**2,682**
**10,000**
**1,000**
**86,181**
**245,952**
_Balance at 31_
_March 2020_
_£_
_244,244_
_Balance at 31_
_March 2020_
_£_
_-_
_46,800_
_2,275_
_3,397_
_22,316_
_-_
_-_
_3,576_
_78,364_|
|---|---|---|---|---|
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## **The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **14. Statement of funds (continued)**
## **Summary of funds - current year**
|General funds
Restricted funds
**Summary of funds - prior year**
General funds
Restricted funds|**Brought**
**forward**
**£**
**244,245**
**78,364**
**322,609**
_Balance at_
_1 April 2019_
_£_
_260,809_
_76,207_
_337,016_|**Income**
**£**
**136,717**
**11,000**
**147,717**
_Income_
_£_
_228,190_
_13,225_
_241,415_|**Resources**
**expended**
**£**
**(221,191)**
**(3,183)**
**(224,374)**
_Resources_
_expended_
_£_
_(244,755)_
_(11,068)_
_(255,823)_|**Balance at**
**31 March**
**2021**
**£**
**159,771**
**86,181**
**245,952**
_Balance at 31_
_March 2020_
_£_
_244,244_
_78,364_
_322,608_|
|---|---|---|---|---|
## **15. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Tangible fixed assets
Current assets
Creditors due within one year|**Restricted**
**funds**
**Unrestricted**
**funds**
**2021**
**£**
**2021**
**£**
**72,906**
**140,250**
**13,275**
**50,784**
**-**
**(31,263)**
**86,181**
**159,771**|**Total**
**funds**
**2021**
**£**
**213,156**
**64,059**
**(31,263)**
**245,952**|
|---|---|---|
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**The Kench Hill Charity (A company limited by guarantee)**
## **Notes to the financial statements for the year ended 31 March 2021**
## **15. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year|_Restricted_
_funds_
_2020_
_£_
_76,089_
_2,275_
_-_
_78,364_|_Unrestricted_
_funds_
_2020_
_£_
_145,436_
_129,718_
_(30,910)_
_244,244_|_Total_
_funds_
_2020_
_£_
_221,525_
_131,994_
_(30,910)_
_322,609_|
|---|---|---|---|
## **16. Pension commitments**
The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £425 (2020 - £205). Contributions totalling £nil (2020 - £nil) were payable to the fund at the balance sheet date.
## **17. Related party transactions**
The Kench Hill Centre is owned by the London Borough of Hackney. The charity has a licence to occupy the premises. Staffing of the centre is provided by employees of The Hackney Learning Trust which makes a charge for educational services provided to the charity. The Hackney Learning Trust is a department within Hackney Council's Children & Young People's Service. One of the trustees, Ms S Bain, is an employee of the Hackney Learning Trust.
In the year the charity has benefited from unrestricted grants made by the London Borough of Hackney. The total value of grants received and educational services charged for the period was as follows:-
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Grants receivable|**30,000**|_5,000_|
|Educational services|**(130,525)**|_(149,661)_|
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