Registered number. 06558879 Charity number. 1123878 The Kench Hill Charity (A company limited by guarantee) Financial statements for the year ended 31 March 2022 A8C3EXUA OW0912022 COMPANIES HOUSE A14
The Kench Hill Charity (A company limbted by guarantee) Trustees Ref¢rence abld administrative detai15 of the charity advisers Trustees. report Independent examiner's report Stat¢m¢nt of financial tivItIeS Balance sheet Notes to the financial stxtements 12- 21
The Kench Hill Charity (A company limited by guarantee) Trustees for the year ended 31 March 2022 Trustees N Corker. Chairperson N M G Biboneau S Bain E Cooke-szewcryk L Gtsodison B G Hawes N Mulholland S Rate {appointed 22 July 20211 M Rees Pège I
The Kench Hill Charity (A company limited by guarantee) Reference and administrative details of the company and advisers for the year ended 31 March 2022 Compat)y reg•stered number 06558879 Charity registered number 1123878 Registered office Kench Hill Centre. Appledore Road, Tenterden. Kenc TN30 7DG A<countant$ Chavereys, 2lubilee Way, Faversham, MEI 3 8GD Bankers Natwesr Bank plc. 58 Higth S(reeL Tenrerden. Keni. TN30 6AX
The Kench Hill Charity (A company limited by guarantee) Trustees. report for the year ended 31 March 2022 The tru5tee5 presenr their annual report {incorw)ra¢ing the dirertor5' reponl together with the financial sutements ol the company for the period l April 2021 to 31 March 2022. The trustees tonfirrn that the antsual repor¢ and tinantial ststements of the company comply with the current statutory requirernents. the requirements of the companls governing documeni and the provisi005 of the starnent of Recommended Pracu£e ISORPI. applKable to charities preparing their 3ccounrs in accordance with the financial Reportin8 Standard ?ICable in the UK and Republic of Ireland {FRS 102} (effective l January 2019). Since the company qualifie5 4$ small under 5ecti¢n 383. the 5trawK report reqUId of medium and lorge companie5 under The Companies Act 2C(J6 {Strategic Report and Direc¢or'5 Report) RegulavoTrs 2013 is not requirèd. Structiirej governance and management Constitution The company was incorporated on 8 April 2008 and registered as a dwiw on 24 April 2C#)8. Method of appointment or election of trustees The management of the company is the respon5ibifity of the tru5¢e¢s who are ete¢red under the rerms of the Memorandum of Association. New trustees are inled to meei the other trnstees and kry emplo>es at the Cenrre. rhey are briefed on the organisarion. currenr plans and the financial srncus of the chariry. New trustees are athfiseé of their legal oblisation5 under chariry Traw and are encouraged to auend appropriate exremal training events vrfhere these will facilitate Lhe underraking of their role. Organisational $trurture and de¢isioft makiftg The Kench Hill Charity is governed by the board of trustees, whith meèts termty13 rimes a yearl. 1¢ is responsible for che rnarwgernent ol the Kench Hill Centre and strateyt direction and managemeni of the "activiiie5" of The Kench Hill Charity. Management of the centre is ddegated to the Head of Cenrrt currentty M5 Sandi Bain. Mos¢ staff are employed by The Hackney Learning Trust an¢J rhe edtscational serwces they provide are charged to The Kench Hill Chariry. The Head of Cenrre Is responsible for manapng the budget agreed by the board of trustees. for irnplementing curriculum development and rnana8ement of the premises in accordance wY(h health and Safety legislavon and guidelire5. Risk managem¢A¢ The trus¢ees have 35ses5ed the major risks to which the chariry is exposed, in partyCur those rela*d to the operations and finance5 01 the charity. and are 5aty5fied that 5ySterns and procedures are in place to mitigate exposure to the major risks.
The Kench Hill Charity (A company limited by guarantee) Trustee5' report (continued) for the year ended 31 March 2022 Objectives and strate8ies for achievinz objectives Policies and objtrtiv¢s The Kench Hill Chariry seeks to deliver life<han¥in¥ experiences for young people and adults by providing educational and recreatioThal aui¥iues that inspire personal developrnenL 5elf-confidenc< indepEndent life ski115 and thaL promote healthy lifestyles in a safe. supportive environment wth good quality affordable accommodation for groups which do noE have access to oth¥ facilities. We have relerred to the guidance concained in the Charity Commission's gener41 guidance on publi£ benefii when rev¢ewing our airrbs and objecives anij in planning our fvture aC¢1vleY In paryicuPar rhe rustees consider how planThed activitie5 wll contribute to the and objectNes they have $eL Strategies for achieving objectives In light of untenarnty at thè lime of preparing th* prtrious annu rewiew ri was drfficuk to set objecuYe5. However, we did plan the followiw. Manage a phased reEum to normal operations post-CoTrAd Further rnaintwance and property improvewEs. Phased painting of all external woodwork and ironwork on rnain building. Restoration of orwnal Georg4in panelling in rnain lounge. ExterTral painting E>f Straw H211 and Barn Classroom Restorauon of the Coath House ptsnd to benefit Y&MIdli in tonjuncvon with Natural England River Stour Great Crested New¢ recovery grant Increase uptake by local 5chook using the Lillle Cheyne Wind Farm yant OFSTED regi5rr4oon as a childcare faolity Fund-Taising actbvioes Further improvÈrnents to website ActivitÈes. achievements and perfomian¢e Review of activities The thariry beKdn it5 POSt-P2ndemK recovery in mid-may 2021. with a rapid return of re5idenEia( education visits from London schools. As ntyi-residenrial accbvities had contsnued throughouL Staff rerained and the proFerty rnaintained in good condition. the Centre VAS able 10 commence usual operatKsns as soon as Covid-19 restrictions were lifted. However. weekend group5 conunued 10 be adversely affeaed by the partdemic. which had an inwacr on income level5. Pre-pandemic booking¥ deposits and ratss were honoured to ex15ung customer5 and zero financial penaltye5 applied due to Cod-re1dted cance112tions. Storni Eun¢ce caused some damage and a [enhY power cut but did not affett OFerdtyons nduty. Staff worked innovarively and flexibly to cover sraff absences due Eo COV or statutory leave and we are thankful thar no memèer of 513ff has suffered long-tenn illness as a result of the virus. Achieytments The <haTIty Wa5 in a strong position to restarr n¢mial business operntions when the Eoyernmenr lifted re5trictsons in May 2021. The announcement wa5 Sudden and unexpe¢ced. $0 required con$iderable sChedul1n1 of planned activities to accornmodate w5itors. The charity Continued co develop its projects local schotyls on day Yi5i¢s eg l.. I SEND support. Forest School and Home Edutatyon groups. Kenth Hill Cencre had an advantsge as a single group SI so users covld visit wilh confidenc< rnaiThtaining their,bbIes. of contact. The Cene vos fortunate in that outlKeaks of illness occurred at the location.
The Kench Hill Charity
(A company limited by guarantee)
Trustees, report (continued)
for the year ended 31 March 2022
The original wooden panelling in halF of the m2in lounge was restored by rwnoving layers of paint with a lead-safe
system. Coach House mastsnry and guttÈnng was repaired and painted. Other pLinned maintenance work was put
on hold as the building Suddenly became ociupied wth residential visitors 1n from May 2021. The onset of
serious flooding ill the cellar in June 2021. ck)incwJent viith forestry operaoons on the adjacenr planEaiion.
hampered further propery impro¥emeftfS, as thÈs became an ongoing prioriry.
Resioratitsn wck wdlued at over £7.(QO was carried otst by Natural EngLaTrd's Stour Catchment Area Great
Crested Newt recovery project Four merers of silt dredged from the Coach House pond which had dried
out completely in the previous year. This s the original brick pond for the sits. of historical interesL
The SI wa5 deposited on rhe adjacent Sternberg Farm field with their kind permission. The pond gradualy filled
th rainwater over winEer and 15 now deemed to be.m0dera, quality by Natural England sur¥eyor5 and 15
¥pecied 10 be 'Good' in future. It 11 be out of bound5 to Vi5itor5 until the surrounding paths and plarforrns are
restored in 2023.
180 pupils from three Romney Marsh schools {Lydd, Brenzery and St Nicholas, New Romney, Kent) attended day
or overnight V15it5 in Autumn 2021, funded by a £2 $00 grant awarded by "ttle Cheyne Win¢LFarrn through rhe
Kent Community Foundatitsn whith we had been granted on their bthaw. Positive feedback was reteived from all
U5er5 and repeat SIts have been bo¢)ked by at least one school for the next academic year.
A successfvl inspetuon by OFSTED in January 2022 resulted in Kench Hill Chary's Childcare re8lStrarion lor
provision ol day care for children over 5 years. Thi5 will enable rhe Centre ¢0 offer more htsliday activitie5 ¢0
local chiWren and loW pareTrts to pay using Childcare Voucher5. ensuring inclusion to all.
An imprompru Open House and Art Exhibition in May and 3 fret openair the3tre performare by Rye Players in
attracted over 50 I
The Kench Hill Charity (A company limited by guarantee) Trustees, report (contrnued) for the year ended 31 March 2022 The charity was awarded 8ranrs 10 stspporr local schools eg Ttsco Ba25 for Help £500 zrant (via Groundwork) funded day visits by Sr Michael's CE himary School ffenterdenl. Current staffing 5trucrure and f3ulives enabtes multiple OeeUP2tion by different users concurrentty. increasing potential iTht¢)me. An Open Day was quickly arranged in May 2021 wth the lifvn% of Covid re5tricvo05. atnded by 50 bcal visitors. intluding several 'Kench Hill Babies. who were born in the fomer maternity h05Pital_ Holiday clubs 23 days of indusiye hdiday club pros1o was created for local chikjren aged >14 years induding SEND pupils. 30+ children received day care and took part in activities during school holiday5. at afftjrdable rates. The charity received gr2nts from rhe DE Holiday Activiiies and Food IHAFI pro8rarnme via The Educatith People (Kenrl to fully subsidise IO+ children in receipt of free school mea15 for each session. Ken¢h Hill Btsrsary (Sthool Journey Grafit) £6.582 of the Key Bursary fvnd wa5 awarded to l 59 pupi15 from eleven Hackney primary schools which organised I S re5idenual sehool trips throughout the year. The average alue of the bursary was £41.40 per pupil. Short Breaks for families of children with special needs 54 subsidised places were provided during four Short Break 2-night stays through the year. These catered, fully- supporred arti¥iw holidays are approved and funded through Hackney Council s Shon Breaks team and were PalCularlY Yalued by families from inner London during the pandemic. Other residential groups using Kench Htll included: Faithlspiritual groups Ha5an Ozcan weekend school Orthodox jewish youth 8roups (ACE Gurlchaim Shel Torah) Starlight Cotnrnunity Advent weekend Wake Up London Mindfulness New Year eeat Other charitablelcultural grou Happy WelKullness Retreat Evoke Choir Brighton Pebbles SEND Families Round Chapel Farnilies Project Imperial College Post-Grads Hoxcon Drama Group London Morris Choir Shanty Colkcu¥e Choir Day visitor5 Tenterden Rural lianCe schools Holiday clubs for local children aged 4-15 Alttrnative provision for SEND pupi15 from local Kt County Council schools. Horne Eduocor groups Little Gate Charity work days Open Day for l¢xal visitors
The Kench Hill Charity (A company limited by guarantee) Trustees, report (continued) for the year ended 31 March 2022 Occupancy rate 75% Kench Hill CeThtre was occupied by day or residenDal 8ro¥ps for 274 days durin8 the year. This is. approaching pre- pandemic levels lof 85%), despite April-may srill being under kxkdown restrittions. Visitor number5 3040 unique visitor5 Approximatety 100 children visited on re8ular repeaced ¢xasKJn5. for curriculum-linked school attivities or holiday club se5SiOOS. Financial review Re¥¢rvts polÉcy The charity retained free reserves of just £8.{x at the end of Marth 2022. however Hackney EdvcatK>n has made an interest-free loan tsf 190.000 frtsrn May 2021 ¢0 provide the thariry with liquid funds ro enable the charity to conEinue to operate followrng the losse5 incurred through rhe Covid pandemic. The Iharrty is working to achiève surpluses in the upcoming years in order 10 rebuild irs reserves and to be able ro repay the loan over 10 years. Results for the year D¢spite the return of Schools during the year, the charity has recorded a deficit of income for the year. This is due to the 51tsw return of weekend ad holiday groups. both Prnfate hire and Yoluntsry groups. who were still affected by Cowd. especially rhe Omitron ¥ariant. This secror was atso suty'ect ro Lite cancellations. However, the chariry is now Seeing renewed confidence and with the impro¥ements to the property made in the previous year the centre 15 proving a pOpur choice for lucure booking5. There has been a gra¢Jual increase in small donattons aml grant fvndtng, apart from the statutory government Covid-19 relatrd support for Covi¢&19. The charity incurred a deficic ft>r the year of L15,270 on unrestricted fund5 and £9.765 on restrirred tund5. As at 31 March 2022 the thariry had tofal restritted and unresrricted funds of £220.917 12021.. £245.9521. Plans for future periods Manage succession and staffing srructure prior ro retirement of current Head of Centre Increase the level of fmancial reserves post-pandernic phased fee increase Contynue to strenhen winrer school bookings FUndrae for Kench Hiu Bursary to provide subsidised place5 for chddren in need from Hackney Renovate and improve pond fencing and plathrm5 on both ponds using 5UStainable Materia to promde safe access for raft-building and pond.dipping Replace 5ectyon of leaknng slaTr ri)of 10 rear of matn building Resolve flooding in cellar Exterior decoration to rnain building Contynued restoration of wooden panelling in loung2 External maintenance of Srraw Hall and Barn Classroom Raise fvnd5 and install a climbing wall in memory of tru5t* hn Larter OBE Review the use of a donated bell tent as addiuoThal accommodation or workshop space
The Kench Hill Charity (A company limited by guarantee) Tru5tee5' report (continued) for the year ended 31 March 2022 Statement of tstee5. responsibilities The trustees (who are also direcfors ol The Kench Hill Charity for the PUrpn% of company lawl are responsible ft)r preparing the trustees. report and the financial staternen in accordance with applicable law and United Kingdorn Accounting Srandards (United Kingdom Generdlty Acceptsd AccounttTrg Pratticel. Cornpany law requires the trustee5 to prepare fffiancial statements for each financi year. Under company law the tru5cees must not approve the financial sratemenrs unless they are sarisfied thai they we a true and fair view of the stste of afFdir5 of the charitable compafty and of rhe incoming resources and applicatioft of resource& including the income and expenditure. of the charitrdble company for that pwiod. lfi yeparing these financial statemenrs. the trustee5 are required selecr suitsble accounting 1cleS and then app them consisteTrty. observe the methods and principles in the Charities SORP.. make jud8menrs and accounting estirnatss that are reaSonae and prud( stste vthether applicable accnting st3ndard5 have been followed subiect ¢0 any material deparcures (fisclosed and explained in the financial sratements.. prepare the financial stalements on the going conwn basis unle5$ it is inappropriate ro psume that the charitable cornpany wll COnEinue in operatiorL Tht trustees are responsible for keeping adequate accouniing records that are sufficient to show and explain the charilale company's transacuon5 and disclose wth reasOnae accuracy at any ume the financial posivon of the charirable company and enable rhem ro ensure thai the financial stacernents comply with the Companie$ Act 2006. They are also responsible for Safeguarding the assets of the charirable comp3Thy and hence for taking re350nable steps for the prevention and detection of fraud and other irregularitie$. The trustees are responsible for the maintenance and inregn.ty of the corporare and financial information included on rhe charitable ttsmpanls website. Leyslarion in the Uniied Kingdom governing the preparation and dissemination of fJn3nual stsrements may d¢ffer from lew"slation in other juri5dirtions. This report was approved by the trustees 28luty 2022 and on their behalf by. N Cork*r Chairperson
The Kench Hill Charity (A company limited by guarantee) Independent examiner's report for the year ended 31 March 2022 Independent examin•r's report to the trustees of The Kench Hill Charity I report tts the charity rrustees on my examination of Ihe aecounts ofthe company for the year ended 31 March 2022. Thi5 report is made Sole to the company's trust as a body. in accordante V•ith Part 4 of the Charities {Acc¢unts and Report51 Regulations 200B. My work has been undertaken 50 that I might state ¢0 the cotnpany's tru5cee5 those matrers I am required to state ro them in an independent examirer's repon and for no other purpose. To the lullest extent permitted by law, I do not accept or assume responsibility to anyone orher than the company and the compaThy ¢rustee5. as a body. for my work or for this rep(xc Responsibilities and basis of report As rhe trustees of the company land threcrors for the purposes of comPY lawl you are responsible for the preparation of the accounts in accord•n¢e with the requ1ments of the Companies Att 2CQ6 (the 2th)6 Acr'l. Having sat15fied rnf char the atcounts of the ctnpany are not required to b audited under Part 16 of the 2(K)6 Act and are Èligible for indepÈndent examirHtion. l POr[ in respect of my txamination of the company's accounts carried OUE under section 145 of the Charives Act 201 I (the 2011 Act). In carryin8 Out my exanwnation I haye followed the DirÈctlOnS Siven by the ChAriry Commission under section 145{5)Ib) of rhe 2011 Act Independent ¢x*min¢r's statement Since the company's gr05s income exceeded £250,CX)O your exarninu rnust be a rnernbÈr of a body listed in section 14$ of the 101 l ACL I confirrn that l am qualified co undertake the exarnination because l am a member of ICAEW, which is one of the li%ted btyJie5. I have COMered my exarninaiion. I can confirni that no rnatt have come to my attentTron in connection w5th che exarnination gi& me tause to believe accounting records were not kept in respecr of the conwany as required by secuon 386 of the 2(6 Acc or the aeeounts do not accor¢J with those records,. or the accounts do not comply with the accounting reqUireMts of settion 396 of the 2006 Acr other than any requiremen¢ thac the accounts grve a 'true and fair. view which Trot a matter considered 25 part of an independeni ex2mination.' or che accounts have nor been prepared in accordance th rhe methods and principles of the Statemen¢ of Recommended Practice for accountyng and reporting by charitye5 appliCae to charitie5 preparing their accounts in accordance wirh the Rnancial Reportyn8 Sondard applKable in the UK and Republic of Ireland (FRS 1021. I have no concerns and Ve come across no othw fflar$ in connecDon the examtrsation to which attentn should be drawn in this report in order to enat4e a proper understtnding of the accounts ro be reached. Signed.. Dated.. 28July 2022 Karen Blacki5ton FCA TEP Chavereys Chartered Accounranrs Faversham
The Kench Hill Charity (A company limited by guarantee) Staternent of financial activrties incorporatrng income and expenditure account for the year ended 31 March 2022 Restri¢t¢d Unrestricted funds fund5 2022 2022 Total funds 2022 Totol funds 2021 Nots Income from". Donations and le8acies Charitable attNities Other tradin8 actiwties Investmenrs 13.583 7.979 217.265 21.562 217,265 11.081 101.850 38.963 6.846 58 Total income 13.S83 2JO.342 249,925 147.717 Expenditure on: Charirnble attNities 23.348 251.612 274.960 224.374 Total expendire 23.348 251.612 274.960 224,374 Net deficit before other reco8nised gains and losses {9.765) (9.765) ( I S.270) (I S.270) (25.035) (25.035) (76.657) (70.657) Net movement in funds Re¢onciliadon of funds: Total funds brought forward 16.181 1 59.771 245.952 322.609 76.410 220.917 245.952 Total funds carried f4xward The Dotes on page$ 12 to 21 fomi part of these financial statements. Page 10
The Kench Hill Charity (A company limited by guarantee) Registered number: 06558879 Balance sheet a5 at 31 March 2022 2022 2021 Note Fixed assets Tangible assets Current ass¢ts 10 207.691 213,150 Debtors 9,932 13S,489 11.781 52.277 Cash ac bank and in hafid 145.421 64.058 Creditors: Amoursts falling due wthin one year 12 (5L195) (31.262J Net current assets 93.226 32.796 Total assets less current liabilities 300,917 245.952 Creditors: amun¢s falling due after more than one year (80.000) Net assets 220,917 245.952 Charity funds Restricted funds Unre5triaed funds 14 76.416 144.501 86.181 159,771 14 Total fund5 220.917 245.952 The company'5 financial 5ta¢ements havÈ been prepared in accordance the prov¢5ions applicable to t¢)rnpanies subjec¢ to the Small cornpanie5 regime. The trustees c0fi5ider that the company is enutled to exemption from the requiremeTrt to have an audTrt under the provisions of section 477 of the Cornpanies Act 2C*J6 fthe Attl and members have not required the company to obtain an audit for the year in qutstTrtsn ih a¢cord•nce V•llth section 476 of the ACL The trustees ackn¢)wledge their responsibilities for comp"n% viith the requirements of the Cornpanit5 Act 2006 with respect to accounting records an¢J the preparation of financd statemenrs. The financial statements were approved and authorised for tssue by the rrustees on 28 July 2022 and signed on their behalf, by= N Corker (Chairperson) The notes on page5 12 w 21 form part of these financ 51aternenfS.
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2022 Accountin8 policies l. l Basix of preparti¢+A of financial statements The finanoal ststements have bpen prepared in accordance with Ststement of Recomrnended Prdcvee (SORP). applicable to charities preparing their accounts in atcordknce Vlth the Financial Reporting Standard pplicable in the UK and Republic of Ireland IFRS 1021 leffectNe l January 20191. the h'nancial Reptyrvng Sundard applicabl¢ in the UK and Republic of Ireland (FRS 1021 and the Companie5 Act 2006. The Kench Hill Chariry meets the definition of a public benefrt entity under FRS 102. Assets and liabilicie5 are initially recogni5ed at historical cost or rransaction value tsnless otherwtse stated in the releY3nt accounting policy. The presentstion curreno is pounds sterling {{) and the finafici ststements are rounded to the neartest pound. 1.2 Cornpany status The tharity is a company limited by guarantet In the e¥ent of the compny bein8 wound up. the liability in respect ofthe guarantee is limited w £10 per member ofthe company. l.J Fund ac¢ounting General funds are unrestricted funds whth are avaitable for use at the discretion of the trustees in fvrtherance of the general objectives of the charity and which have n¢x been designated for other purposes. Restric¢ed fund5 are funds whith are to be used in accordante with specific restrittions imposed by donors or whith have been raised by the charity for parricular purp05e5. The costs of raising and administering such fijnds are charged ¥ainsc the Specific fvnd. The aim and use of each restriaed fund is set our in the notes to the finanoal sotemenfs. 1.4 Income All income is recognised once the company has entytlemenr to rhe incorn& it t5 probable that the income will be received and the amount of income receirdble ¢ah be measured reliabty. 1.5 Expenditure Expenditure is recogni5ed once there 15 a legal or constructNe (loation fo rrnnsfer economic benefit to a third parry. 1¢ 15 probable that a transfer of eci)n2mic benefii will be rtqvired in setdemÈnt and fhe amount of the obliption can be lsud rdiabty- Charitable attiyives and gavernance costs are costs incurred on the chariry's educational operations, including 5UPPOrt Costs and costs relating to the ¥overnance of the challty. Support C05ts are those costs incurrecj ijirtttly in support of ewndicure the objecTS ol the Cri. The charity is noL and 15 not required to be. re•stered for Value Added Tax IVAT), consequently all expenditure is s¢aced gross of any irrecoverable VAT incurred. 1.6 Gxng concern There are no material uncertsintities abour the charity'5 ability to continue as a gtsin£ concern. Page 12
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statement5 for the year ended 31 March 2022 Accountin8 policies {continued) 1.7 Tangible fixed assets and depreciation All assets tosting more thao £ I.CKKI are caprtali5ed. A review for impairment of a fvxed a55et 15 orried out if events or changes bn circum5tantss indicate that the carrying of any fixed 455er may not be recoveraN¢ 5horrfalls betwn the Carrying yUe ol fixed assets and their recoverable amounts are re(ol$ed & impairmtnts. Impalrment losses are recognised in the staternent of finarscial activitye5 Fncorw>rnting the incorne and expenditure actounL Tanwble red assets are carried at COSL nei of depreckition and any provi5K)n for impaimRnL Depreciation is provided at rnte$ (alculated to write off the cost of fixed assety les5 th*r estimaced residual value, over their expected useful INes on the follo% bases= Tenants Improvemen to property xtures. firn"n8s and equipment 2-4% siraizht Ie 20% s31&h[ line 1.8 Pen510ns The company operates • defined contribuvon nSIOn scheme and the pension charge rePsents the amounts p2rdkAe by the Company to rhe lund in respect of the year. 1.9 FinaKial iTrs¢rumeftts The charity only has financial a55et5 and finartcial IHbilr(ies of a kind th•t qualfy as basic financial instruments. 8a5ic financial instruments are inituilly recognised at tranr(lon value and 5ubseqyendy measured at cheir settlernent value wirh the excepti of bank loans which are subsequenrty measured ac amor¢ised cosr using the effectyve interest methd. Page 13
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2022 Income Irorn donations •fftd lepti R¢s¢rictsd Unrestrirted funds funds 2022 2022 Total funds 2022 Totsl (unds 2021 Donations Grants 4.421 3.558 4.421 12.312 89538 13.583 Tool donauons and l¢pc 13.583 7.979 21.562 101.850 Torol 202 1 10.000 91.850 101.850 Incorne from charitable artivitie5 2022 2021 School journeys and edu(ational breaks 217.265 38.963 l income from chartraNe aui¥iiies in the current and prior year related to unrestrlcted funds. Other trading artivitix 2022 2021 Centre hire and team butlding events Solar enery 10.325 756 5.100 1.746 I i.oai 6.846 l income from other trading active5 in the current and prior yEar related to unre5triCted fvnds. Analysis of expenditure by activities Artivitie5 Support and undertaken governance directly costs 2022 Total 2022 Tozol 2021 2022 Educational fidd trips 260.216 6.744 274.960 224.374 Total 2021 218.108 6,266 224.374 Page 14
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2022 Dsrect ¢OSts Total 2022 Torol 2021 Educational 5ervice5 charged by LBH Caterin8 Premi5e5 mainnanCe Equipmenr maintenance Laundry and cleaning School journey di5bur5ements Motor expenses Heat and lht Rates and vrdter Advertising and marketing Insurance Bad debc Wages and saL4ries National insurance Pension c05t Depreciation 134.870 10,206 8,572 2,154 4,395 25,896 2,729 9.713 4.867 2.113 2.118 1.628 48.789 1,272 517 8.377 130,525 388 14.287 715 1,267 3,992 669 4,423 7,136 662 2.761 41.951 538 425 8.369 268,216 218.108 Torol 2021 218,108 £23,34812021: £3.1831 of dirett costs related co resC fvnd5 and the baknce relatsd to unrestricted lund* Support and governance costs IT. relephone and postage Srationery and office costs Bookkeeping and accounts software Independant examine5 fee (%overnance c05tl Legal fees 2.541 1.470 382 2.340 2.535 1.037 343 2.340 6.744 6.266 Totul 2021 6.266 All support and governance costs in the current and prior year rejated ro unrestricted funds. Page 15
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2022 Net income This ¢5 stated after Cha.. 2022 2021 Depreciarion of tart&"ble fixed assets= - owned by the charity 8.381 8.373 During the perioé, no trustees receiwed any remuThÈrd(ion. benefits in knnd or reimburswnent of expenses. Staff ¢osts Staft c05l5 were a5 foll<)w5: 2022 2021 Wages and salaries Social securtty co Pension costs 48.789 1.272 517 41.951 538 425 50.579 42,914 The average Number of pers5 employed by the tharity durmg the year as follows.. 1022 2021 No ernployee received rnnera[lon aoting to more than £60.¢ in either year. Most ol the staff ac the Kench Hil Centre are employees of the Lon¢Jon Borou8h of Haekney which rnake8 a charge ro the chariry for the edUcattial service5 provhled . Page 16
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statement5 for the year ended 31 March 2022 Tangibl¢ fixed assets Tenan¥s Fixture improvements rittings and to property equipment Total Cost Ar l April 2021 Additions 258.101 20.130 2.916 278.231 2,916 At 31 March 2022 258.101 23.046 281,147 Deprecixtion At l April 2021 Charge for the year 49.345 5.7D7 15,730 2.674 65.075 8.381 At 31 March 2022 55.052 18,404 73.456 Net book value At 31 March 2022 203,049 4.642 207.691 At 31 Morrh 2021 208.756 4.400 213.156 Debtor5 2022 2021 Trade debtors Prepayinents and acuued income 9,075 8S7 7.838 3.943 9.932 11.781 Creditors: Amounts falling due within one year 2022 2021 8ank overdraft Other loans Trade creditors Other taxation and social security Orher creditors Accruals and deferred income i 0.000 27.671 548 106 13.870 14.391 756 68 15.139 52.195 31,262 Page 17
The Kench Hill Charity (A company limited by guarantee) Notes to the fjnancial statements for the year ended 31 March 2022 13. Creditor5: Amounts falling due ther more than one year 2022 2021 Other loan5 BO.000 Creditors include arnoufirs mor wholly repardble within 5 year5 as follows.. 2022 2021 Repayable by in5talmen(s 40,000 The charity ha5 reteived an interesi free loan of £90.(XQ from London Borough gf Hatkney repardble in instalments of £1 0,C0 per annum. Statement of funds Statement of fund$ - cwrr¢nt year lante at 31 March 2022 Brought forfard Resources expended Income Unrestricted funds General Fund 159.771 236,342 {251.612) 144,501 Restricted fund Balance at 31 March 2022 Brought loard Resourct5 expended Income LBH- Straw Bale classroorn Friends ol Kench Hill . student bursaries Hackney Ark- short breaks Wates - solar panels LBH- Short break5 capitsl grant Chrisrine Fisher bursary fund . swdent bursaries Student bursary fund Tenterden Town Council - Kitchen prdw redevelowmenr Chip in for Chips - veterinary fees for pony Ashlord Borough Council - cowd related 5UPPOrt rdnc HMRC - sraff lurlough Kent CommunKy Foundauon - local vsirs EDESCO Ltd - holiday clubs Goundwork Tes¢0 &> for Help- day visirs 45.760 1275 3.323 21.141 1682 i 0,000 1,000 (1.040) {2.275) {74) {1.175) {494) {3.307) (1.000) (500) (409) (3.358) (2.580) (2.500) (3.736) (500) 44,720 3,249 19,966 1,788 6.693 soo 409 3,358 2.580 2.500 3.736 500 16.181 13.S83 (23.344) 76,416 Total of funds 245.gS2 249.925 (274.960) 220.917 Paze 18
The Kench Hill Charity (A company limited by guarantee) Notes to the financial Statements for the year ended 31 March 2022 14. Stat*m¢nt offunds (continued) S¢at¢ment of funds- prior year Resourw Bolon<e at 31 expended Morch Z021 l April 2020 Income General ftjnds 244.245 13a717 (221.191) 159.771 Restricted fund5 Tkn ot I Apnl 2020 Resources 8olonce 171 31 expended Morch 2021 Inwie LBH - Straw Bale classroom Friends of Kench Hill - student tryJr5aries H2ckney Ark - short breaks Wires solar panels L8H - short breaks capital graTr¢ Chrisrtne Fisher bursary fund- 5tudwc bursaries Srudent bursary fund 46.8 2.275 3.397 22J16 3.576 11.0401 45.760 2,275 3.323 (74) (1.175) (894) 2.682 10.000 1.000 10.000 78J64 i 1.000 13.183) 86,181 Page 19
The Kench Hill Charity (A company limited by guarantee) Note5 to the financial statements for the year ended 31 March 2022 Statement of funds (continued) Summary offunds - current year Balance at 31 March 2022 Brtsught forward Resources expended Income General funds Restricced lunds 159,771 46.181 236,342 13,583 (251.612) (23.348) 144.so I 76.416 245.952 249,925 (274.960) 220.917 Sumrnary of funds- pri¢)r year Resources &)lonce at 31 etyendetl Mwch 202 l Apnl 2020 Income Gener21 funds Restricted funds 244.245 78.364 136.717 i 1.000 1221.191J (3.183) 159,771 86.181 322.609 147.717 (224.374) 245.952 15. Analy$l$ of n¢t assets betr•een funds Analysi5 of n¢t ass¢ts b¢tw¢¢n funds - current year Restricted Unrestricted funds funds 2022 2022 Total fund5 2022 Tangible fixed assets Current assers Creditors due wirhtn one year Credirors due in more than one year 69,723 4.693 137.968 138,729 (52,196) (80,000) 207,091 145.422 (S2,196) (80,000) 70.416 144,501 220.917 P¥e 20
The Kench Hill Charity (A company limited by guarantee) Notes to the financial statements for the year ended 31 March 2022 Analysis of net assets betrmeen furmls (¢ontinued) Analysis of net assets between funds - prior year Totol funds 2021 fuftds 2021 fund5 2021 Tn"ble fixed assers Crn[ assets Creditors due within one year 72.906 13275 140.250 50.784 (31.263) 213.156 64,058 {31.263) 86.181 159.771 245.951 16. Pension commitments The charity operates ) éeffined tontributK)ns pension scheme The assets of the scheme are held separately from th05È of thè tompany in an Independendy administered funé. The pension cost Char reprtsents conEriburioTrs payable by the company to che fund and amounred ro £51712021 £4251- Contribution$ totslling £nil 12021 £nill were payable tg the fund at the balance sheer dats. Related party trar¥sarti•n$ The Kench Hill Centre is owned by the London Borough of Hackney. The thariry has a licence co occtspy the prèmises. Sraffing of Ihe cenrre s provided by employee5 of Hackney Education which makes a chary for educational sceS proviéed to the chariy. Hackney Education 15 a depanrnent within Hackney Council's Children & Young People's Service. One of the tnjstees. Ms S Bain. is an employee of the H2tkney Educ2ti0n. The charity has received an inrerest free loan of £%.iKKJ from London Borough of Hackney repayaE4e in Instslments of £I0.c per annum. The cotsl value of grnnts received from and educarional seryice5 charged for the ptrk)d from London Borough of Hackney w2s as follows".- 2022 2021 Grnnts receiwdble Educavonal services 30.000 (130.5251 (134,870) Page21