Charity registration number 1128612 THE BEN KINSELLA TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023
THE BEN KINSELLA TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Ms B Kinsella |
|---|---|
| Mrs D Kinsella | |
| Mrs C Clark | |
| Mrs G Subramaniam-Mooney | |
| Ms C Euden | |
| Ms H Emami | |
| Mr S O'Haire | |
| Mr M Dunwell | |
| Ms J Tollman | |
| Mr G Kinsella | |
| Charity number | 1126612 |
| Registered office | Hub Kings Cross |
| 34B York Way | |
| London | |
| N1 9AB | |
| Independent examiner | Dickinsons |
| Brandon House | |
| First Floor | |
| 90 The Broadway | |
| Chesham | |
| Buckinghamshire | |
| HP5 1EG |
THE BEN KINSELLA TRUST CONTENTS Page Trustees, report Independent examinerfs report statement of financial activities Balance sheet Notes lo the financial ststemenls 8-17
THE BEN KINSELLA TRUST TRUSTEES, REPORT FOR THE PERIOD ENDED 31 MARCH 2023 The Trustees present their annual report and financial statement5 for the period ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial slalements and comply with the charity's trust deed which was adopted on 31 October 2008, the Charities Act 2011 las amended by the charrties act 20221 and Accounting and Reporting by Charities." Slalement of Recommended Practice applicable lo charitie5 preparing their accounts In accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. Objectives and activities The trust deed states that the trustees shall hold the trust fund and ils in¢ome upon trust lo apply them for any objects which are recognised as exclusively charitable under English Law and in particular (but without limitation) for the public benefit. In practice this means that the trust's expenditure relates to the following main areas.. lo promote the prevention of crime., to promote good citizenship and greater public participation in the pVentIOn and solution of crime with a view to the preservation of public order., to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have a need of such facilities by reason of their youth. age. infirmity or disability, financial hardship or social circumstances wrfch the object of improving their condition of life., and lo help young people so as to develop their capabilities that they may grow to full maturity as individuals and members of society. Information of matters of concem to employees is given through information bulletins and reports which seek lo ad)ieve a Common awareness on the part of all employees of the finanryal and economic factors affecting the group's performance. Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made lo ensure that their employment within the charity continues and that the appropriate training Is arranged. 11 is the policy of the charity that the training, career development and promotion of disabled persons should, as far as possible, be identical lo that of other employees. The Trustees have paid due regard to guidance issued by the Charty Commission in deciding what activities the charity should undertake.
THE BEN KINSELLA TRUST TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023 Achievements and perforniance Our work wlth young people and parents Following the lifting of the restrictions imposed to contain the Covid-19 virus, the charity's Choi$ and Consequences exhibitions fully reopened in Autumn 2021. Since we retumed to business as usual, we have seen a significant increase in beneficiaries across all our exhibition sites. This is a direct result of employing a Regional Manager and a Youth Programmes Officer to support the delivery of our workshops in London. This increase in capacity resulted in a record number of young people15,1151 attending a record number of workshops12681 across all three sites In Ihe18St year academic year. We expect this lo increase again In 2022-23. The increase in young people and workshops confirms that there is a growing demand for preventative education on knife crime in schools. The Ben Kinsella Trust is now an established and trusted provider lo schools and youth organisalions. Our evaluation demonstrates that our exhibition workshops have a positive impact on young people's attitudes towards knife crime. Our interventions are making a real difference, changing attitudes and behaviours and helping rnore young people leading safer lives. To complement our work with schools and youth organi5ations, we have also introduced some new programmes, including parents and carers workshops. These workshops are dèsigned lo help parènts and caiers understsnd the risks of knife crime and lo give them the tools and resources they need to talk lo their children about knife crime. We have run a successful pilot of these programmes and are pleased that they will now be We have also increased our range of free online resources for schools, parents. and young people. Our website now includes a variety of resources, such as lesson plans, videDS, a knife -wise app and information and slatislics relating to knife crime. These reSoUrS are designed to help people learn more about knife crime and to make safe and posf(ive choices. The Ben Kinsella Trust's online resources are becoming increasingly popular. Our Campaigns to Stop Knife Crime No More Red Cam n with Arsenal and Adidas In January 2022. the Ben Kinsella Trust launched the No More Red campaign in partnership ¥Mth Arsenal and Adidas. The campaign aims to raise awareness of the dangers of knife crime and to encourage young people to choose peace over violence. The campaign features several Arsenal players, celebrities and Adidas ambassadors. In November 2022, Ben's father George and sister Georgia took part in a poster campaign lo promote No More Red's relaunch in 2023. Shoul Out To M Son In March 2023, the Ben Kinsella Trust partnered with M C Saatchi lo launch a Mother's Day campaign lo raise awareness of the impact of knife crime on families. The campaign featured an Al advert located at a bus stop near the Royal London hospital. On detecting the sound of an ambulance siren, an automated message simulating a text exchange betteen a Mum and her son began. The messages portrayed the concern of a mum about her son's welfare on hearing the siren. The campaign has been nominated for numerous awards. Il's Been 15 In February 2023, the Ben Kinsella Trust launched the Il's Been 15 campaign. The campaign marks the 15th anniversary of Ben Kinsella's death and calls on the government lo do more to prevent knife crime. The campaign has been supported by celebrities and public figures and has generated a lot of press and media coverage and drew support from our followers on social media. Parent Wise The Ben Kinsella Trust has been working with the Home Office lo develop a website called parent wise. Thè website provides parents with information and advice on how to tslk lo their children about knife crime and other issues such as drugs and alcohol. The website is currently being piloted in the Wesl Midlands and is sel lo launch nationally in early 2024.
THE BEN KINSELLA TRUST TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023 Financial review The surplus for the period was £32,754 Iyear ended 31 October 2021 £49.9211. The reserves al the period end comprised unreslricled reserves of £128,797 (As al 31 October 2021. £198,325), designated reserves of £168,000 (As a131 October 2021.. £NILI and restricted reserves of £78,442 (As at 31 October 2021.. £144,160). 11 is the Policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained al a level equivalent lo beheen three and six month's expenditure. The current level of unrestricted reserves at £128,797 adheres to the policy, being maintsined at equivalent to approximately five months expenditure. The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure lo the major risks. Structure. govemance and management The Ben Kinsella Trust was registered as a charity by the Charity Commission INO.. 11266121 on 7 November 2008 and is governed by its trust deed which was adopted on 31 October 2008. The Trust Deed detemiines the powers and activities of the Iruslees and il also sets out how the trustees should be elected. The Trustees meet regularly and consider issues related lo the Irusl's 8dminislralion including reserves, risk management policies and performances. Administrative tssks are delegated to staff, bul they are al all limes under trustees, instruction. The Trustees who served during the period and up lo the dale of signature of the financial statements We.. Ms B Kinsella Mrs D Kinsella Mrs C Clark Mrs G Subramaniam-mooney M5 C Euden Ms H Emami Mr S O'Haire Mr M Dunwell Ms J Tollman (Appointed 28 March 20221 (Appointed 28 March 20221 We strive lo have a board of Trustees that has the skills, experience and diversity to ensure that the Trust's work reaches everyone affected by knife crime. To achieve this, we regularly conduct reviews of the board's membership, auditing the skills and experience of Trustees and assessing them against our strategic objectives. Recruitment of new Trustees is conducted in accordance with Charity Commission guidelines ICC301. The Trustees confirm that by organising exhibitions and events to discourage knife crime, they have complied with their duty in section 17 of the Charities Act 2011 to have due regard lo the Charity Commissions general guidance on public benefit.
THE BEN KINSELLA TRUST TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2023 Funding and Support Our thanks go lo everyone who supported and fundraised for us during such a challenging financial time. Our thanks also to our celebrity friends and patrons, including Louis Dunford. Kale Robbins, Linda Robson and Joe Swash who represented us on numerous television game and quiz shows. We would also like lo thank our corporate partners Sopra Sleria Group, Proclinical, Make Agency, Ascot Underwriting and Sequel Group for their funding and support over the last year. We would also like to thank the London Borough of Barking and Dagenham, the London Borough of Islington and the National Jusb'ce Museum for hosting our exhibitions. Our thanks loo lo the Trust and Grant bodies who supported our work including The Mayor's Office for Poli and Crime IMOPACI, Garfield Weston, The Angus Lawson Memorial Trust, Morris Charitable Trust, The Clolhworkers Foundation, Billy's Wish, Pilkington General Trust, Harrow Safer Neighbourhood Board, Barnet Safer Neighbourhood Fund, Charles S French, National LolleryAwards For AJI, Wates Family and The Childhood Trust. The Charity's Future Plans The Ben Kinsella Trust 15 committeLY lo continuing ils work lo prevent knife erime and to create a safei future for young people. Our 2023-26 strategy commits the charity lo deliver positive outcomes against these 5 objectives. 1. Reach more young people through our high-impacl, quality-assured exhibitions. 2. Develop and diversify our programmes to create sustsinable new workshops that reach new beneficiaries. 3. Share our expertise and resources with other stakeholders. 4. Campaign to raise awareness of knife crime and for actlDn to prevent it 5. Maintain a resilient and economically stable charity To achieve these objectives, the trustees have agreed lo designate funds from reserves lo fund the activities and additional posts required lo support the charity's long-lerm growth and sustainability. The Trustees, report was approved by the Board of Trustees. Ms B Kinsella Chair and Tru$tg0 Dec 4, 2023
THE BEN KINSELLA TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BEN KINSELLA TRUST
I report to the Trustees on my examination of the financial statements of The Ben Kinsella Trust (the charity) for the period ended 31 March 2023.
Responsibilities and basis of report
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 as amended by the Charities Act 2022 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’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.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statements to be reached.
Dominic Cader Brandon House First Floor 90 The Broadway Chesham Buckinghamshire HP5 1EG
Dated: 4 December 2023
- 5 -
THE BEN KINSELLA TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2023 Unrestrlcted Restrlcted funds funds Total Period ended Period ended Period ended 31 March 31 March 31 March 2023 2023 2023 Unrestrlcted Restrlcted funds fund$ Tolal Year ended Year ended Year ended 31 October 31 October 31 October 2021 2021 2021 Notes Income and endowments from: Donations and legacies Charitable activities Investments Other income 283,037 161,760 444,797 137,164 156,463 293,627 31,680 243 12,240 43,920 243 9.016 40 9,146 9,016 40 9,148 Total income 314,960 174,000 488,960 155,366 156,463 311,829 Ex enditure on: Raising funds 19,511 19,511 2,183 9,600 11,783 Charitable activities 196,977 239,718 436,895 66,423 183,702 250,125 Total expendlture 216,488 239,718 456,206 68,606 193,302 261,908 Not incomellexpenditurel for the periodl Net movement in funds 98,472 165,7181 32,754 86,760 136,8391 49,921 Fund balances al 1 November 2021 198,325 144,160 342,485 111,565 180,999 292,564 Fund balances at 31 March 2023 296,797 78,442 375,239 198,325 144,160 342,485 The stslemenl of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing aclivilies.
THE BEN KINSELLA TRUST BALANCE SHEET AS AT 31 MARCH 2023 Asat 31 March 2023 Asat 31 October 2021 Notes Fixed assets Tangible assets 13 507 2,702 Current assets Debtors Cash at bank and in hand 14 9,403 388,222 9,333 340,605 397,625 349,938 Credltots: amounts falllng due wlthln one year 15 122,8931 110,1551 Net current assets 374,732 339,783 Total assets less current liabilities 375,239 342,485 Ineome funds Reslri¢ted ftjnds Unrestricted funds Designated funds. Employment costs Development costs 16 78,442 144,160 135,000 33,000 17 168,000 128,797 General unreslrieted funds 198,325 296,797 198,325 375,239 342,485 The financial stslemenls were approved by the Trustees on . Dec 4 2023 Ms B Kinsella Chalr and Trustge
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023 Accounting policies Charity inforniation The Ben Kinsella Trust is a registered charity Ino.. 11286121 and is governed by its trust deed. The Registered office is Hub Kings Cross. 34B York Way, London, N19AB. 1.1 Reporting period The reporting period has been extended to 18 months. consequently the comparative amounts stsled in the financial statements are not entirely comparable. 1.2 A¢¢ounllng ¢onventlon The financial slalements have been prepared in accordance with the charity's trust deed which was adapted on 31 October 2008, the Charities Act 2011, FRS 102 °The Financial Reporting Stsndard applicable in the UK and Republic of Iieland. I'FRS 1021 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepLJblic of Ireland IFRS 1021" (effective 1 January 20191. The charity is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in these financial ststements are rounded to the nearest pound. The financial statements have been prepared under the historical $1 convention. The principal accounting policies adopted are set out belDW. 1.3 Going concern Al the time of approving the financial stslemenls, the Trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus thè Trustees continue to adopt the going concern basis of accounting in preparing the financial stalemenls. 1.4 Charitabl8 funds Unrestricted funds are available for use at the discretion of the Trustees in furtheran of their charitable objectives. Designated funds comprise funds which have been set aside al the discretion of the Trustees for specific purposes. The purposes and uses of the designated ftjnds are set out in the notes to the financial slalements. Reslricled funds are subject lo speafic conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the finanual slatemenls. 1.6 Income Income is recognised when the charity is legally entitled to it after any performance Conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance cond(tions require deferral of the amount. Income lax recoverable in relation to donations received under GiftAid or deeds of ¢ovenanl is recognised at the lime of the donation. 1.8 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third paty, Il is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 Accountlng pollcles Icontlnuedl 1.7 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is re¢ognised so as to write off the Cost or valuation of assets less their residual values over their useful lives on the following bases". Fixtures and fittings Computers 25Yo of cost on a straight line basis 33.330/0 of cost on a slraighl line basis 1.8 Impalrment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to detemiine whether there is any indication that those assets have suffered an impaimienl loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order lo determine the extent of the impairment loss lif any). 1.9 Cash and cash equlvalents Cash and cash equivalents indude cash in hand, depDSits held al call wth banks, other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in current Iiabililies. 1.10 Financial instruments The ¢harty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls. Financial instruments are re¢ognised in the ¢harily's balance sheet when the charity becomes party lo the ntractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial slatemenls, when there Is a legally enforceable right to sel off the recognised amounts and there is an Intention to sellle on a nel basis or lo realise the asset and setue the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price including transaction Costs and are subsequently carried al amorbsed cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Derecognition of financial assets Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the Charity transfers the financial asset and subslanlially all the risks and WardS of ownership to another enlily, or if some significant risks and rewards of ownership are retained bul control of the asset has transferred lo another party that is able lo sell the asset in its entirely lo an unrelated third paty.
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 Accountlng pollcles Icontlnuedl Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constilules a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rate of Interest. Financial Iiabililies classified as payable thin one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as CLJrrent liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequenuy measured al amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derècognised when the charity's eonlractual oblig8tions expire or are discharged or cancelled. 1.11 Employee benefits The cost of any unused holiday enlillement is recognised in the period in which the employee's services are received. Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed lo lerminale the employment of an employee or to provide termination benefits. 1.12 Retirement benefits Payments to defined contribution retirement benefit heMeS are charged as an expense as they fall due. Critical accounting estimates and judgements In the applicaliDn of the charity's accounting policies, the Trustees are required to make judgements, eslimales and assumptions about the carrying amount of assets and Iiabilrties that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Crltl¢al judgements Staff and workshop costs The recognitlDn of costs relating to restricted funds has been considered and a consistent basis per workshop applied. 10-
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 Donations and legacies Unrestricted Restricted funds fun(Is Period Period ended ended 31 March 31 March Unrestricted Restricted funds funds Total Year Year Year ended ended ended 31 October 31 October 31 October Totsl Period ended 31 March 2023 2023 2023 2021 2021 2021 Donations and gnls 283,037 161,760 444,797 137,164 156,463 293,627 Charltsble a1VItIS Unrestricted Unrestricted funds funds Perlod Year ended 31 ended 31 March October 2023 2021 Other income 43,920 9,016 Analysls by fund Unreslrided funds Restricted funds 31,680 12,240 9,016 43,920 9,016 Investments Unrastrlctèd Unr9$trlct8d funds funds Period Year ended 31 ended 31 March Octobgr 2023 2021 Interest receivable 243 40
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 Other income Unrestrlcted funds Year ended 31 October 2021 Total Period ended 31 March 2023 Other income 9,146 Raising funds Unrestricted fund$ Period ended 31 March 2023 Unrestricted Restricted funds funds Year Year ended 31 ended 31 October October 2021 2021 Totsl Year ended 31 October 2021 Fundraisin and ublici Other fundraising costs 19,511 2,183 9,600 11,783 19,511 2.183 9.600 11,783 12-
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 Charitable activitie5 Perlod ended 31 March 2023 Year ended 31 Octobgr 2021 staff costs Depreciation and impairment Exhibition and event costs Rent and rates 302,491 2,195 70,517 832 124,252 1,640 84.496 1,090 F 11 Insurances Telephone and internet Printing, postage and stationary Travelling and subsislen Sundry expenses Consulting IT Consumables charges Websrte Interest 3,722 2,408 1,212 1,939 24,618 10,722 5,410 5,504 310 1,709 981 229 996 15,010 11,435 1,929 480 431,880 244,247 Share of govern8nce costs Isee note 91 4,815 5,878 436,695 250,125 Analysis by fund Unreslricled funds Restricted funds 196,977 239,718 66,423 183,702 436,895 250,125 Governance costs Period Period Year ended ended 31 ended 31 31 October March 2023 March 2023 2021 Year ended 31 October 2021 Accountancy 4,815 4,815 5,878 5,878 4,815 4.815 5,878 5,878 Analysed beeen Charitable activities 4,815 4,815 5,878 5,878 Governance costs indudes payments lo the independent examiner of £3,43212021- £3,518) for independent examination fees and £1,38312021- £2,360) for other fees. 13-
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 10 Trustees None of the Trustees lor any persons connected rith them) received any remuneration or benefits from the charity during the period, but two of them were reimbursed a total of £130 for expenses 12021 one was reimbursed £551. 11 Employees The average monthly number of employees during the period was.. Period ended 31 March 2023 Number Year ended 31 October 2021 Number Period ended 31 March 2023 Year ended 31 October 2021 Employment costs Wages and salaries Social security costs Other pension costs 278,457 19,223 4,811 115,433 6,214 2,605 302,491 124,252 12 Taxation The charity is exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 ID the extent that these are applied lo ils charitable objects. 14-
THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 13 Tangible fixed assets Fixtures and rittings Computers Total Cost Al 1 November 2021 70,073 13,093 83,166 Al 31 March 2023 70,073 13,093 83,166 Depreciation and impaiment Al 1 November 2021 DeprecAation charged in the period 70,022 36 10,442 2,159 80,464 2,195 At 31 March 2023 70,058 12,601 82,659 Carrylng amount Al 31 March 2023 15 492 507 Al 31 October 2021 51 2,651 2,702 14 Debtors Asat31 March 2023 Asat31 October 2021 Amounts falling due within one year: Other debtors Prepayments and accrued income 7,190 2,213 7,659 1,674 9,403 9,333 15 Credltors: amounts falllng due wllhln one yoar Asat31 March 2023 Asat31 October 2021 Other taxation and social security Other creditors Accruals and deferred income 6,454 12,921 3,518 6,020 617 3,518 22,893 10,155 15-
| 180,999 156,463 (193,302) 144,160 174,003 (239,721) 78,442 |
London Borough of Islington - VRU Hillrise Project - - - - 17,500 (17,500) - |
Kent and Medway VRU - - - - 7,920 (4,320) 3,600 |
Billy's Wish - - - - 4,320 (2,160) 2,160 |
Wates Family Enterprise Trust - - - - 5,000 - 5,000 |
The TCM Group - - - - 1,000 - 1,000 |
London Borough of Barking and Dagenham - Crime Prevention - - - - 10,000 - 10,000 |
Awards for All - - - - 9,600 (9,600) - |
Ascot Underwriting - - - - 15,180 (8,280) 6,900 |
The Clothworkers Foundation - - - - 30,000 (30,000) - |
Morris Charitable Trust - - - - 5,000 (5,000) - |
London Borough of Barking - VRU Capacity Building Fund - - - - 3,360 (2,640) 720 |
London Community Foundation - Innovation Award 13,881 - (13,881) - - - - |
London Community Foundation - KS2 Award 10,000 - (10,000) - - - - |
London Borough of Barking and Dagenham 79,099 57,868 (76,482) 60,485 60,215 (120,700) - |
Garfield Weston - 20,000 (20,000) - - - - |
Angus Lawson Memorial Trust - 17,500 - 17,500 - (17,500) - |
Mayor Office for Police and Crime - Early Intervention Youth Fund 13,658 43,154 (54,712) 2,100 - (2,100) - |
Mayor Office for Police and Crime - Young Londoners Fund 3,735 15,441 (7,885) 11,291 2,408 (13,699) - |
Other Workshop Funds 48,697 - - 48,697 - - 48,697 |
Harrow Safer Neighbourhood Board 3,664 2,500 (2,077) 4,087 2,500 (6,222) 365 |
Islington Small Change - Big Impact 8,265 - (8,265) - - - - |
£ £ £ £ £ £ £ |
2020 2021 |
1 November resources expended 1 November resources expended 31 March 2023 |
Balance at Incoming Resources Balance at Incoming Resources Balance at |
Movement in funds Movement in funds |
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |
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THE BEN KINSELLA TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE PERIOD ENDED 31 MARCH 2023 17 Designated funds The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the Iruslees for specific purposes.. Movement in funds Incoming resources Movement in funds Incoming Balance at resources 31 March 2023 Balance at l November 2021 Employment costs Development costs 135,000 33,000 135,000 33,000 168,000 168,000 18 Analysis of net assets between funds Unre$tricted Re$trict9d funds funds Asat31 Asat31 March March 2023 2023 Total Unrestricted Restricted funds funds Asat31 Asat31 October October 2021 2021 Totsl Asat31 March 2023 Asat31 October 2021 Fund balances al 31 March 2023 are represented by.. Tangible assets Current assetsllliabililiesl 507 296,290 507 374,732 2,702 184,315 2,702 339,783 78,442 155,468 296,797 78,442 375,239 187,017 155,468 342,485 19 Related party transactions Remuneration of key management personnel The remuneration of key management personnel is as follows. Period ended Year ended 31 31 March October 2023 2021 Aggregate compensation 129,758 52,259 Aongside the Trustees expenses disclosed in note 7, there were additional disdosable related party transactions during the year of £9,374 paid lo four employees, £592 for reimbursements and £8,782 for services12021 none). 17-