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← The Kench Hill Charity

2024-03-31-accounts

Registered number: 06558879

Charity number: 1123878

The Kench Hill Charity

(A company limited by guarantee)

Financial statements for the year ended 31 March 2024

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 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 - 20

The Kench Hill Charity

(A company limited by guarantee)

Trustees for the year ended 31 March 2024

Trustees

N Corker, Chairperson N M G Baboneau (resigned 11 July 2024) S Bain (resigned 4 July 2023)

E Cooke-Szewczyk

C Harris (appointed 28 September 2023)

Y Gleason (appointed 28 September 2023)

L Goodison B G Hawes (resigned 11 July 2024) A Jung (appointed 28 September 2023) N Mulholland (resigned 28 March 2023) S Race (resigned 15 May 2023) M Rees (resigned 6 September 2023) N Wilson (appointed 1 September 2023)

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 2024

Company registered number

06558879

Charity registered number

1123878

Registered office

Kench Hill Centre, Appledore Road, Tenterden, Kent, TN30 7DG

Accountants

Chavereys Limited, The Goods Shed, 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 2024

The trustees present their annual report (incorporating the directors' report) together with the financial statements of the company for the period 1 April 2023 to 31 March 2024. 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 the educational services they provide are charged 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 2024

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:

Activities, achievements and performance

Review of activities

It has been a busy year for the Kench Hill Charity with an extra 11 week/split week school residential visit throughout the year, new staff team induction and training and house and grounds maintenance and improvements. The Charity has received outstanding feedback from school and private group bookings and has a full calendar for 2025 and taking school and private booking into 2026. The staff team has undergone a series of staff training days and in house observations.

Achievements

Page 4

The Kench Hill Charity

(A company limited by guarantee)

Trustees' report (continued) for the year ended 31 March 2024

Additional achievements:

Public benefit delivered by the charity (statistics)

Residential School Trips April 2023 - March 2024:

School Day Visits April 2023 - March 2024:

Totall; 366

Total number of school children visiting: 1,606

Self catered residential groups using Kench Hill include:

Faith/Spiritual groups

Other charitable/cultural groups

Total number of group accommodation visitors for the year: 1,056 including 3 cancellations with deposits kept (2022-23: 1,303).

Page 5

The Kench Hill Charity

(A company limited by guarantee)

Trustees' report (continued) for the year ended 31 March 2024

Total occupancy rate

Overall summary (April 1st, 2023 - March 31st, 2024): Total visitors: 2,813 Number of days occupied by users: 285/365, 78% (76% 2022-23)

Financial review

Reserves policy

The free reserves of the charity (excluding fixed assets and long term creditors) are £78,350 (2023: £69,147) which the trustees consider is adequate.

Results for the year

This year has seen a strong return of schools during the year with a mixture of full and split week residential from returning and new schools. With the new 3-year pricing structure and new terms and conditions on deposits the Centre has finished the year with a surplus of £10,432. With a total income of £334,794 (2023: £302,855).

Plans for future periods

Page 6

The Kench Hill Charity (A company limited by guarantee)

Trustees' report (continued) for the year ended 31 March 2024

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:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the 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 11 July 2024 and signed on their behalf by:

N Corker Chairperson

Page 7

The Kench Hill Charity (A company limited by guarantee)

Independent examiner's report for the year ended 31 March 2024

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 2024.

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

Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

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: 11 July 2024

Karen Blackiston FCA TEP

Chavereys Limited Chartered Accountants Faversham

Page 8

The Kench Hill Charity

(A company limited by guarantee)

Statement of financial activities incorporating income and expenditure account for the year ended 31 March 2024

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 income / (expenditure) 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
2024
£
2024
£
5,184
6,305
-
285,606
-
36,051
-
1,648
5,184
329,610
3,871
320,491
3,871
320,491
1,313
9,119
1,313
9,119
69,715
135,671
71,028
144,790		 Total
funds
2024
£
11,489
285,606
36,051
1,648
334,794
324,362
324,362
10,432
10,432
205,386
215,818		 Total
funds
2023
£
13,942
270,370
17,933
610
302,855
318,386
318,386
(15,531)
(15,531)
220,917
205,386

The notes on pages 11 to 20 form part of these financial statements.

Page 9

The Kench Hill Charity (A company limited by guarantee) Registered number: 06558879

Balance sheet as at 31 March 2024

2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 10 200,468 208,239
Current assets
Debtors 11 18,893 25,762
Cash at bank and in hand 134,861 121,388
153,754 147,150
Creditors:Amounts falling due within one year 12 (75,404) (78,003)
Net current assets 78,350 69,147
Total assets less current liabilities 278,818 277,386
Creditors:amounts falling due after more than
one year 13 (63,000) (72,000)
Net assets 215,818 205,386
Charity funds
Restricted funds 14 71,028 69,715
Unrestricted funds 14 144,790 135,671
Total funds 215,818 205,386

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 11 July 2024 and signed on their behalf, by:

N Corker (Chairperson)

The notes on pages 11 to 20 form part of these financial statements.

Page 10

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

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.

The presentstion currency is pounds sterling (£) and the financial statements are rounded to the neartest pound.

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 11

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

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:

1.8 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.

1.9 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 12

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

2. Income from donations and legacies

Donations
Grants
Total donations and legacies
Total 2023		 Restricted
funds
Unrestricted
funds
2024
£
2024
£
-
4,789
5,184
1,516
5,184
6,305
9,771
4,171		 Total
funds
2024
£
4,789
6,700
11,489
13,942		 Tota
fund
202

4,171
9,771
13,942
3. Income from charitable activities
2024 2023
£ £
School journeys and educational breaks 285,606 270,370

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		 2024
£
35,527
525
36,051		 2023
£
16,907
1,026
17,933

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 2023		 Activities
undertaken
directly
Support and
governance
costs
2024
£
2024
£
316,269
8,093
311,091
7,295		 Total
2024
£
324,362
318,386		 Total
2023
£
318,386

Page 13

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

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
Pension cost
Depreciation
Total 2023		 Total
2024
£
126,317
13,269
11,747
4,210
11,122
28,623
2,340
18,499
11,965
1,013
2,899
433
74,333
728
8,771
316,269
311,091		 Total
2023
£
144,150
10,757
23,033
2,154
5,529
30,998
3,486
15,480
7,407
1,400
2,045
-
57,175
546
6,930
311,090

£3,871 (2023: £16,472) 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
Independant examiner's fee (governance cost)
Legal fees
Total 2023		 2,818
2,612
2,650
13
8,093
7,295		 2,510
2,000
2,772
13
7,295

All support and governance costs in the current and prior year related to unrestricted funds.

Page 14

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

8. Net income

This is stated after charging:

2024 2023
£ £
Depreciation of tangible fixed assets:
- owned by the charity 8,771 6,930

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
Pension costs		 2024
£
74,333
728
75,061		 2023
£
57,175
546
57,721

The average number of persons employed by the charity during the year was as follows:

2024 2023
No. No.
9 10

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 which makes a charge to the charity for the educational services provided .

Page 15

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

10. Tangible fixed assets

10.
Tangible fixed assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
11.
Debtors
Trade debtors
Other debtors
Prepayments and accrued income
12.
Creditors: Amounts falling due within one year
Loan
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 Tenant's
improvements
to property
£
258,101
-
258,101
60,759
5,698
66,457
191,644
197,342		 Fixtures,
fittings and
equipment
£
30,526
1,000
31,526
19,629
3,073
22,702
8,824
10,897
2024
£
15,094
-
3,799
18,893
2024
£
9,000
12,192
1,720
67
52,425
75,404		 Total
£
288,627
1,000
289,627
80,388
8,771
89,159
200,468
208,239
2023
£
23,856
6
1,900
25,762
2023
£
9,000
52,143
662
-
16,198
78,003

Page 16

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

13. Creditors: Amounts falling due after more than one year

Creditors: Amounts falling due after more than one year
2024
£
Loan
63,000
Other loans above include amounts not wholly repayable within 5 years as follows:
2024
£
Repayable by instalments
27,000		 2023
£
72,000
2023
£
36,000

The charity has received an interest free loan of £90,000 from London Borough of Hackney repayable in instalments of £9,000 per annum.

14. Statement of funds

Statement of funds - current year

Unrestricted funds
General Fund
Restricted funds
LBH - Straw Bale classroom
Hackney Ark - short breaks
Wates - solar panels
LBH - short breaks capital grant
T&DH Soc - mower
T&DH Soc - garden works
KCF - climbing wall
KCF - garden works
Total of funds		 Brought
forward
£
135,671
Brought
forward
£
43,680
3,175
18,791
894
-
-
3,175
-
69,715
205,386		 Income
£
329,610
Income
£
-
-
-
-
500
1,568
-
3,116
5,184
334,794		 Resources
expended
£
(320,491)
Resources
expended
£
(1,040)
(74)
(1,123)
(894)
(100)
-
(640)
-
(3,871)
(324,362)		 Balance at
31 March
2024
£
144,790
Balance at
31 March
2024
£
42,640
3,101
17,668
-
400
1,568
2,535
3,116
71,028
215,818

Page 17

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

14. Statement of funds (continued)

Statement of funds - prior year

Statement of funds - prior year
General Fund
Restricted funds
LBH - Straw Bale classroom
Hackney Ark - short breaks
Wates - solar panels
LBH - short breaks capital grant
Christine Fisher bursary fund - student bursaries
T&DH Soc - Kitchen garden redevelopment
Chip in for Chips - veterinary fees for pony
KCF - climbing wall
EDESCO Ltd - holiday club		 Balance at
1 April 2022
£
144,501
Balance at
1 April 2022
£
44,720
3,249
19,966
1,788
6,693
-
-
-
-
76,416		 Income
£
293,084
Income
£
-
-
-
-
-
1,987
40
5,000
2,744
9,771		 Resources
expended
£
(301,914)
Resources
expended
£
(1,040)
(74)
(1,175)
(894)
(6,693)
(1,987)
(40)
(1,825)
(2,744)
(16,472)		 Balance at 31
March 2023
£
135,671
Balance at 31
March 2023
£
43,680
3,175
18,791
894
-
-
-
3,175
-
69,715

Page 18

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

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
£
135,671
69,715
205,386
Balance at
1 April 2022
£
144,501
76,416
220,917		 Income
£
329,610
5,184
334,794
Income
£
293,084
9,771
302,855		 Resources
expended
£
(320,491)
(3,871)
(324,362)
Resources
expended
£
(301,914)
(16,472)
(318,386)		 Balance at
31 March
2024
£
144,790
71,028
215,818
Balance at 31
March 2023
£
135,671
69,715
205,386

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
Creditors due in more than one year		 Restricted
funds
Unrestricted
funds
2024
£
2024
£
66,345
134,123
4,683
149,071
-
(75,404)
-
(63,000)
71,028
144,790		 Total
funds
2024
£
200,468
153,754
(75,404)
(63,000)
215,818

Page 19

The Kench Hill Charity (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2024

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
Creditors due in more than one year		 Restricted
funds
2023
£
69,715
-
-
-
69,715		 Unrestricted
funds
2023
£
138,524
147,150
(78,003)
(72,000)
135,671		 Total
funds
2023
£
208,239
147,150
(78,003)
(72,000)
205,386

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 £143 (2023 - £546). Contributions totalling £nil (2023 - £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 Hackney Education which makes a charge for educational services provided to the charity. Hackney Education is a department within Hackney Council's Children & Young People's Service.

The charity has received an interest free loan of £72,000 (2023: £81,000) from London Borough of Hackney repayable in instalments of £9,000 per annum.

The total value of educational services charged for the period from London Borough of Hackney was as follows:-

2024 2023
£ £
Educational services 127,519 144,150

Page 20