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← The Ben Kinsella Trust

2024-03-31-accounts

Charity registration number 1126612

THE BEN KINSELLA TRUST

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

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
Charity address 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 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 17

THE BEN KINSELLA TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's trust deed which was adopted on 31 October 2008, the Charities Act 2011 (as amended by the charities act 2022) and "Accounting and Reporting by Charities: Statement of Recommended Practice 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).

Objectives and activities

The trust deed states that the trustees shall hold the trust fund and its income upon trust to 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:

• to promote the prevention of crime;

• to promote good citizenship and greater public participation in the prevention 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 with the object of improving their condition of life; and

• to 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 concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial 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 to ensure that their employment within the charity continues and that the appropriate training is arranged. It is the policy of the charity that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

Public benefit

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

THE BEN KINSELLA TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Achievements and performance

Significant activities and achievements against objectives:

Ben Kinsella Trust End of Year Report 2023/24

This financial year was marked by significant growth and numerous successes, reflecting our ongoing commitment to preventing knife crime and educating young people about positive ways to stay safe.

Choices & Consequences Workshops at our Exhibition Sites

There was a substantial increase in the number of young people participating in a Choices & Consequences knife crime prevention workshop; rising from 5,115 to 6,665 in the academic year ending August 2023. Additionally, the number of workshops conducted increased from 268 to 351 in the same period, allowing us to reach and educate more young people than ever before. In the academic year 2023-24; we are on course to expand this reach further still.

All three of our exhibition sites (Islington, Nottingham and Barking and Dagenham) experienced growth in beneficiary numbers during the year, demonstrating the widespread value of our delivery model.

To support the growth and development of our programmes we employed an additional Youth Programmes Officer and Partnership Manager during this financial year.

Parents and Professional Workshops

The number of workshops for parents and professionals also saw an increase, highlighting the importance of involving the wider community in our efforts. During this period, we provided training to 1,347 people through 24 workshops, equipping them with the knowledge and tools to support our cause. Since we launched our training Programme in 2023 it has been a significant success, attracting additional funding that enabled us to appoint a Training Manager in April 2024.

Communications and Social Media

In January 2024, we recruited a Communications Officer to enhance our internal and external communications. This strategic move has resulted in a notable increase in followers across all our social media platforms, growing from 19,154 to 21,634. This growth reflects our improved outreach and engagement with our supporters and the public.

Youth Ambassador Programme

We launched our Youth Ambassador Programme, amplifying the voice of young people within the Trust. Our Youth Ambassadors have played a vital role in evaluating and improving our programmes. They have also represented the Trust in the media, appearing on SKY TV and BBC TV and radio.

Our Campaigns

In May 2023 we launched the country’s first ever “Knife Crime Awareness Week”. With the support of our partners NVIDIA the campaign engaged with 4.6 million people online. The campaign followed a different theme each day, helping people understand the impact of knife crime by sharing the stories of those who had been directly affected, sharing free resources for teachers, professionals and parents and creating a national pledge. Following the success of its first year, Knife Crime Awareness Week will be repeated in May 2024.

In January 2024 we joined forces with actor Idris Elba to launch the “Don’t Stop Your Future” campaign. The campaign aims to combat serious youth violence in the UK by urging the government to take immediate action. The campaign's key objectives include banning zombie knives and machetes, increasing funding for youth services, and forming a cross-party Coalition to End Knife Crime.

The "Don't Stop Your Future" campaign has successfully brought serious youth violence to the forefront of the political agenda, fostering discussions among policymakers and leading to the campaigns demand being incorporated into the Labour Party’s 2024 Election Manifesto. To note, since taking office, the new government have delivered on a number of these demands by creating a cross government and community sector working group, the Coalition To Stop Knife Crime. It has also brought in the ban on Zombie knives and machetes and have announced their intention to introduce the Young Futures programme to provide more support to vulnerable young people.

THE BEN KINSELLA TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Conclusion

The financial year 2023/24 has been a year of growth and achievement for the Ben Kinsella Trust. We are grateful for the support of our partners, volunteers, and the community. Together, we will continue to strive towards a future free from knife crime.

Financial review

The surplus for the year was £66,662 (Period ended 31 March 2023 : £32,754). The reserves at the year end comprised unrestricted reserves of £166,820 (As at 31 March 2023: £128,797), designated reserves of £160,447 (As at 31 March 2023: £168,000) and restricted reserves of £114,634 (As at 31 March 2023: £78,442).

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The current level of unrestricted reserves at £160,447 adheres to the policy, being maintained at equivalent to approximately six 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 to the major risks.

Structure, governance and management

The Ben Kinsella Trust was registered as a charity by the Charity Commission (No: 1126612) on 7 November 2008 and is governed by its trust deed which was adopted on 31 October 2008. The Trust Deed determines the powers and activities of the trustees and it also sets out how the trustees should be elected.

The Trustees meet regularly and consider issues related to the trust’s administration including reserves, risk management policies and performances. Administrative tasks are delegated to staff, but they are at all times under trustees’ instruction.

The Trustees who served during the year and up to the date of signature of the financial statements were: 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 (Appointed 25 September 2023)

Recruitment and appointment of trustees

We strive to 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 (CC30).

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 to the Charity Commissions general guidance on public benefit.

THE BEN KINSELLA TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Fundlng and Support Our thanks go to everyone who supported. donated. and fundraised for us. Our thanks also to our celebrity friends and patrons, including Louis Dunford, Kate Robbins, Linda Robson and Joe Swash who continue lo represent and advocate for the Ben Kinsella Twsl. We would also like to thank our corporate supporters induding Sopra Steria Group. Prodinical, Make Agency, Ascot Unde￿ritIng, Hobson Prior. and Sequel Group for their funding and support over the last year. We would also lik8 to Ihank the London Borough of Barking and Dagenham, the London Borough of Islington and the National Justice Museum for hoslwig our exhibilions. Our thanks too to the Trusl and Grant foundations who continue to support our work Including Central District Alliance, The Hab6rdashors' Benevolenl Foundation. The Scouloudi Foundation, The Essex Community Foundation. The Security Industry Aulhorily, Morris Charitable Trust. Harrow Safer Neighbourhood Board. Barnet Safer Neighbourhood Fund. Naliona Lottery Awards For Ml, The Wates Foundalion. and The Childhood Trust. The Charlty's Future Plans The Ben Kinsella Trust is committed to continuing ils work lo prevent knife crime and lo create a safer future for young people. Our 2023-26 strategy commits Ihe ¢harily to deliver posilive oulcomes against these 5 objectives. 1. Reach more young people through our high-impad. qualily-assured exhibitions. 2. Develop and diversify our programmes lo create sustainable new workshops that reath new beneficiaries. 3. Share our expertise and r8sources with other stakeholders. 4. Campaign to raise awareness of knife crime and for action to prevent il 5, Maintain a resillent and economically stable charity To achieve these objectives, the trustees have agreed to deslgnate funds from reserves lo fund Ihe aolivilies and additional posts required to support the charity's long-t8rm growth and sU$tainabilily. The Trustees, report was approved by the Board of Trustees. Ms B Kinsèll8 Trustee 28101125 Date..

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 year ended 31 March 2024.

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:

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.

Dated: .........................

28/1/2025

THE BEN KINSELLA TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
**Year ended ** **Year ended ** Year ended Period Period Period
ended ended ended
31 March 31 March 31 March 31 March 31 March 31 March
2024 2024 2024 2023 2023 2023
Notes £ £ £ £ £ £
Income from:
Donations and legacies 3 168,722 159,612 328,334 283,037 161,760 444,797
Charitable activities 4 22,267 40,700 62,967 31,680 12,240 43,920
Investments 5 6,272 - 6,272 243 - 243
Total income 197,261 200,312 397,573 314,960 174,000 488,960
Expenditure on:
Raising funds 6 6,662 - 6,662 19,511 - 19,511
Charitable activities 7 160,129 164,120 324,249 196,977 239,718 436,695
Total expenditure 166,791 164,120 330,911 216,488 239,718 456,206
Net Income/(expenditure) for
the period / Net movement in
funds 30,470 36,192 66,662 98,472 (65,718) 32,754
Reconciliation of funds:
Fund balances at 1 April 2023 296,797 78,442 375,239 198,325 144,160 342,485
Fund balances at 31 March
2024 327,267 114,634 441,901 296,797 78,442 375,239

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THE BEN KINSELLA TRUST BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixod assets Tangible assets 13 3,776 507 Current assets Deblors Cash at bank and in hand 14 31.813 423,921 9.403 388.222 455,734 397,625 Credltors". amounts falllng due within one year 15 (17,609) {22,893) Net current assets 438.125 374,732 Total assets less current liabilities 441,901 375,239 The funds of the charfty Restricted funds Unrestricted funds 17 18 114,634 327,267 78,442 296,797 441,gJ1 375,239 28101125 The financial ststements were approved by the Tnjstees on ............ ............ Ms B Kinsèlla Truslee

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

The Ben Kinsella Trust is a registered charity (no: 1126612) and is governed by its trust deed. The Registered office is Hub Kings Cross, 34B York Way, London, N1 9AB.

1.1 Reporting period

The reporting period is for the 12 months to 31 March 2024, the comparative period stated relates to an 18 month period to 31 March 2023.

1.2 Accounting convention

The financial statements 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 Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice 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 charity is a Public Benefit Entity 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 sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the Trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.5 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 conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.6 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 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 YEAR ENDED 31 MARCH 2024

1 Accounting policies (Continued)

1.7 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised 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 25% of cost on a straight line basis Computers 33.33% of cost on a straight line basis

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised 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 substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies (Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate 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 current 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 subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates 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.

Critical judgements

Staff and workshop costs

The recognition of costs relating to restricted funds has been considered and a consistent basis per workshop applied.

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2024
2024
£
£
Donations and gifts
168,722
159,612
Income from charitable activities
Unrestricted
Restricted
funds
funds
2024
2024
£
£
Other income
22,267
40,700		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
328,334
283,037
161,760
Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
62,967
31,680
12,240		 Total
2023
£
444,797
Total
2023
£
43,920

4 Income from charitable activities

5 Investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 6,272 243
Raising funds
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising and publicity
Other fundraising costs 6,662 19,511

6 Raising funds

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

7 Charitable activities
Year ended Period ended
31 March 31 March
2024 2023
£ £
Direct costs
Staff costs 251,850 302,491
Depreciation and impairment 1,048 2,195
Exhibition and event costs 13,397 70,517
Rent and rates 576 832
Insurance 3,427 3,722
Telephone and internet 2,391 2,408
Printing, postage and stationary 2,465 1,212
Travelling and subsistence 1,783 1,939
Sundry expenses 13,150 24,618
Consulting 17,714 10,722
IT Consumables charges 4,538 5,410
Website 4,600 5,504
Interest - 310
Repairs and maintenance 632 -
Enter ac917 in database 687 -
318,258 431,880
Share of support and governance costs (see note 8)
Governance 5,991 4,815
324,249 436,695
Analysis by fund
Unrestricted funds 160,129 196,977
Restricted funds 164,120 239,718
324,249 436,695
8 Governance costs
2024 2023
£ £
Accountancy 5,991 4,815
Analysed between:
Charitable activities 5,991 4,815

Governance costs includes payments to the independent examiner of £4,312 (2023- £3,432) for independent examination fees and £1,679 (2023- £1,383) for other fees.

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

9 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets 1,049 2,195

10 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year, but two of them were reimbursed a total of £60 for expenses (2023 - two were reimbursed £130).

11 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2024
Number
6
2024
£
233,592
13,615
4,643
251,850		 2023
Number
4
2023
£
278,457
19,223
4,811
302,491

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

2024 2023
£ £
Aggregate compensation 97,913 92,669

Expense claims for key management personnel in the year totaled £970 (2023: £591) and £Nil (2023: £8,782) for services.

12 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

13
Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 1 April 2023
70,073
13,093
Additions in the year
-
4,318
At 31 March 2024
70,073
17,411
Depreciation and impairment
At 1 April 2023
70,058
12,601
Depreciation charged in the year
15
1,034
At 31 March 2024
70,073
13,635
Carrying amount
At 31 March 2024
-
3,776
At 31 March 2023
15
492
14
Debtors
2024
Amounts falling due within one year:
£
Other debtors
29,241
Prepayments and accrued income
2,572
31,813
15
Creditors: amounts falling due within one year
2024
£
Other taxation and social security
7,166
Other creditors
6,213
Accruals and deferred income
4,230
17,609
16
Retirement benefit schemes
2024
Defined contribution schemes
£
Charge to profit or loss in respect of defined contribution schemes
4,643		 Total
£
83,166
4,318
87,484
82,659
1,049
83,708
3,776
507
2023
£
7,190
2,213
9,403
2023
£
6,454
12,921
3,518
22,893
2023
£
4,811

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
Central District Aliance - 2,974 (2,974) -
Harrow Safer Neighbourhood Board 365 6,000 (1,840) 4,525
Other Workshop Funds 48,697 - (9,944) 38,753
London Borough of Barking and Dagenham -
Adult Programmes - 7,491 (7,491) -
London Borough of Barking and Dagenham -
Youth Ambassadors - 9,946 - 9,946
Security Industry Authority - 6,633 - 6,633
Haberdashers - 3,600 (3,600) -
London Borough of Barking and Dagenham - 75,085 (75,085) -
LBI-VRU Bunhill Project - 17,440 (17,440) -
Islington Youth Ambassadors - 3,850 (3,355) 495
London Borough of Barking - VRU Capacity
Building Fund 720 - (720) -
Wates Foundation London Workshops - 7,000 (3,220) 3,780
Thames Valley VRU - 20,000 - 20,000
Ascot Underwriting 6,900 - (6,900) -
Awards for All - 10,000 (10,000) -
London Borough of Barking and Dagenham -
Crime Prevention 10,000 - (8,584) 1,416
The TCM Group 1,000 - (1,000) -
Wates Family Enterprise Trust 5,000 - (5,000) -
Billy's Wish 2,160 - (960) 1,200
SNB Barnet - 4,994 (908) 4,086
Essex Community Foundation - 4,600 - 4,600
Clarion Futures - 20,700 (2,760) 17,940
Kent and Medway VRU 3,600 - (2,340) 1,260
78,442 200,313 164,121 114,634

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

17 Restricted funds (Continued)
Previous period: At 1 Incoming Resources At 31 March
November resources expended 2023
2021
£ £ £ £
Harrow Safer Neighbourhood Board 4,087 2,500 (6,222) 365
Other Workshop Funds 48,697 17,500 (17,500) 48,697
Mayor Office for Police and Crime - Young
Londoners Fund 11,291 2,408 (13,699) -
Mayor Office for Police and Crime - Early
Intervention Youth Fund 2,100 - (2,100) -
Angus Lawson Memorial Trust 17,500 - (17,500) -
London Borough of Barking and Dagenham 60,485 60,215 (120,700) -
London Borough of Barking - VRU Capacity
Building Fund - 3,360 (2,640) 720
Morris Charitable Trust - 5,000 (5,000) -
The Clothworkers Foundation - 30,000 (30,000) -
Ascot Underwriting - 15,180 (8,280) 6,900
Awards for All - 9,600 (9,600) -
London Borough of Barking and Dagenham -
Crime Prevention - 10,000 - 10,000
The TCM Group - 1,000 - 1,000
Wates Family Enterprise Trust - 5,000 - 5,000
Billy's Wish - 4,320 (2,160) 2,160
Kent and Medway VRU - 7,920 (4,320) 3,600
144,160 174,000 239,718 78,442

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
Designated funds:
Employment costs 135,000 - (7,553) 127,447
Development costs 33,000 - - 33,000
Undesignated funds 128,797 197,261 (159,238) 166,820
296,797 197,261 (166,791) 327,267

THE BEN KINSELLA TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

18 Unrestricted funds (Continued)

Previous period: At 1 Incoming Resources At 31 March
November resources expended 2023
2021
£ £ £ £
Designated funds:
Employment costs - 135,000 - 135,000
Development costs - 33,000 - 33,000
Undesignated funds 198,325 146,960 (216,488) 128,797
198,325 314,960 216,488 296,797

19 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).