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2023-08-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Kidz Klub Brighton & Hove Limited

(A company limited by guarantee) Charity registration number: 1126869 Company registration number: 6596828

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

KIDZ KLUB BRIGHTON & HOVE LIMITED

CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 18

KIDZ KLUB BRIGHTON & HOVE LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

David Etherton Pauline Ransom Connor Pope Ronald White Judith Lewis (appointed 14 April 2023)

Secretary Christopher Jarvis Charity Registration 1126869 Number Company Registration 6596828 Number

The charity is incorporated in England. Registered Office CityCoast Centre North Street Portslade Brighton BN41 1DG Principal Office Citycoast Centre North Street Portslade Brighton BN41 1DG Independent Examiner Zita Derbak Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers Co-operative Bank Delf House Southway Skelmersdale WN8 6WT

Page 1

KIDZ KLUB BRIGHTON & HOVE LIMITED

TRUSTEES' REPORT

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 August 2023.

Structure, governance and management

Nature of governing document

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 19/05/2008.

Recruitment and appointment of trustees

Trustees are appointed in line with the rules contained in the Memorandum and Articles of Association and must be in full agreement with the aims and objectives of the charity.

Due regard is taken of other charity experience and any specialist skills which may enhance the contribution of a candidate to the charity if elected. A DBS check is mandatory and all directors must sign a declaration which includes a conflict of interest clause.

Induction and training of trustees

New trustees are supplied with information published by the Charity Commission on the responsibilities and expectations of those appointed to charity work.

Latest accounts and statutory information are provided and whatever interview time the new appointee requires with other trustees or senior managers is made available.

Trustees are required to undertake training as and when the need arises in order to ensure that they are up to date with the legal requirements of the role.

Organisational structure

The charitable company is based in Brighton and Hove and works in the surrounding area.

The charity is governed by the trustees, supported by the staff (who are experienced youth workers employed by the charity) and volunteers.

The charity works in partnership with local churches helping youth groups to serve their local communities.

Risk management

The trustees are confident that risks are kept to a minimum through strict financial control with regular reviews and annual audit. The trustees consider that the main risk to the company would be a reduction in the size of the membership or its ability and desire to give. This risk is managed through regular reporting of giving trends and active development of the growing vision. As already reported, membership has increased and the trustees are confident that it will continue increasing at this time.

Page 2

KIDZ KLUB BRIGHTON & HOVE LIMITED

TRUSTEES' REPORT

Objectives and activities

Objects and aims

The Articles of Association define the objectives as being:

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

September 2022 began with another vibrant and engaging programme of activities at all of our 5 Kidz Klubs (7-11 year olds) across the city of Brighton and Hove. We continued to see many children returning after their summer breaks with more and more younger siblings keen to join, our numbers were buoyant with each Klub seeing growth.

Many of our Kidz Klubbers who reached school year 7 have joined our thriving young helper programme allowing them to remain within Kidz Klub and teaching them invaluable leadership skills. Many have taken on more and more responsibility as they continue to develop through their teenage years.

As a charity we continued to provide a youth group (11-18’s) based in the Hangleton area for those Kidz Klubbers who had reached year 7 and needed more age appropriate activities and support and perhaps didn’t want to be a young helper. This has been a really important safe space for many of those teenagers we work with allowing them to grow and mature with support from the varied team of adult leaders we have available. We’ve also worked with the other churches who have spawned their own youth groups from the Kidz Klubs they run. Creating a network of childrens and youth work gives much needed support to all the teams.

We were really excited to welcome on to our adult volunteer team many of our young people who reached the age of 16. The great news is that we now have a strong group of over 60 adult team volunteers of which almost 50% of them are under the age of 25! The majority of which have been with us since they attended Kidz Klub aged 7!

Tina Tant (Office Manager) and Debbie Jarvis (Co-Founder) continued to work hard to create weekly programme materials that would engage and inspire the many children we have attend each week. Our programmes have been honed over many years of experience to ensure that every child has something that they can and want to take part in. Everything from high energy sports, crafts, games, competitions and our ever popular food workshop. Each year we have a number of weeks where children invite their families. Christmas, Easter, Mothers day and the summer term finale in July.

Page 3

KIDZ KLUB BRIGHTON & HOVE LIMITED

TRUSTEES' REPORT

Chris Jarvis (COO and co-founder) remains a key member of our staff team, guiding us through the many aspects of maintaining the overall effectiveness and impact of Kidz Klub to so many. Training and sharing of best practice is very much on Chris heart and he’s taken the lead role at all of our Team Training sessions to make sure each of our leaders are constantly learning to be the best they can be!

Alan Tant (CEO) has continued to work to create a more structured and sustainable path that will allow for significant growth as we move into the next few years. This hasn’t been without challenge and seeking new financial revenue is always difficult. We’re very blessed by regular monthly donations from many individuals/couples/business that underpin our financial security allowing us to continue to operate our vital work. One-off donations and support from Grant Trusts allows us to meet our monthly outgoing targets.

We’re obviously very pleased that COVID restrictions are very much a thing of the past meaning we’re back to operating our 3 annual Residential in the way they are intended.

December 2022 saw us take 51 young people and team to Dalesdown (West Sussex) for our cracking Christmas youth weekend. Lots of festive fun, food and friendships. This has become an important time away for many young people especially with Christmas being a difficult time for families.

In May ’23 we had a fantastic time with 46 young people and team at our annual attendance at MayCamp! A camping weekend set at Plumpton racecourse, in the picturesque East Sussex Countryside, we joined over 400 other young people for great time of activities, crafts, live band, inspiring talks and the all important football competition.

Even more exciting, in August ’23 we were again able to run our incredibly popular annual youth holiday known as “The Time of Your Life!” Our young people were ecstatic!

We have decided to continue to run this flagship annual event split into 2 age groups, 11-14 and 15-18’s. This allows for a tailored programme of events that meets the specific needs of these age groups. This year we had 132 young people and team over the 2 residentials which made it a vibrant, fun and friendship filled time away. Feedback from everyone who attended was very positive with a number of young people telling us this would be their only holiday of the year due to their families financial challenges.

For each of our residentials we’ll always be indebted to the many fantastic supporters who give financially that allow many of your young people to come, who without help would never be able to afford to attend.

Apart from our wonderful volunteers and team the 17 Seater Minibus we have access to continues to be one of our most beneficial assets. We’re so grateful to the 2 local charities who provide the monthly cost of rental as without it many of our children and young people wouldn’t be able to attend Kidz Klub each week. It’s also vital to being able to transport young people and team to our many events and residentials!

Page 4

KIDZ KLUB BRIGHTON & HOVE LIMITED

TRUSTEES' REPORT

Whilst there are always challenges when operating a charity and working with so many people from all manner of backgrounds and life experiences, the feedback we get regularly is that Kidz Klub is more of a family. It’s somewhere they can feel safe, secure, listened to, supported and encouraged to grow in their personal confidence and life experiences.

As we look towards the next year our focus is definitely around 3 key areas:

Financial review

Income for the year amounted to £194,532 (2022: £149,507) and expenditure £191,146 (2022: £180,700). The surplus was added to funds brought forward resulting in £17,084 unrestricted funds at the year end.

Policy on reserves

The charitable company carries out a variety of projects. The directors consider that it would be desirable to have a working reserve equivalent to 3 months expenditure. At the present time funds are fully utilised as they become available. The policy will be reviewed regularly.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Page 5

KIDZ KLUB BRIGHTON & HOVE LIMITED

TRUSTEES' REPORT

Statement of Responsibilities

The trustees (who are also the directors of Kidz Klub Brighton & Hove Limited 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), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

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 its 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 proper accounting records that can 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 governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on 23 February 2024 and signed on its behalf by:

......................................... David Etherton Trustee

Page 6

KIDZ KLUB BRIGHTON & HOVE LIMITED

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KIDZ KLUB BRIGHTON & HOVE LIMITED

I report to the charity trustees on my examination of the accounts of Kidz Klub Brighton & Hove Limited for the year ended 31 August 2023.

Responsibilities and basis of report

As the charity’s trustees of Kidz Klub Brighton & Hove Limited (and also 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 Kidz Klub Brighton & Hove Limited 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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I 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 Kidz Klub Brighton & Hove Limited 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.

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...................................... Zita Derbak Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

23 February 2024

Page 7

KIDZ KLUB BRIGHTON & HOVE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023

Note
Unrestricted
funds
£
Income and Endowments from:
Donations and legacies
3
144,285
Charitable activities
4
16,997
Investment income
5
84
Total income
161,366
Expenditure on:
Charitable activities
6
157,399
Total expenditure
157,399
Net
income/(expenditure)
3,967
Net movement in funds
3,967
Reconciliation of funds
Total funds brought
forward
13,117
Total funds carried
forward
13
17,084		 Restricted
funds
£
33,166
-
-
33,166
33,747
33,747
(581)
(581)
6,414
5,833		 Total
2023
£
177,451
16,997
84
194,532
191,146
191,146
3,386
3,386
19,531
22,917		 Total
2022
£
136,085
13,415
7
149,507
180,700
180,700
(31,193)
(31,193)
50,724
19,531

The notes on pages 10 to 18 form an integral part of these financial statements. Page 8

KIDZ KLUB BRIGHTON & HOVE LIMITED

(REGISTRATION NUMBER: 6596828) BALANCE SHEET AS AT 31 AUGUST 2023

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: Amounts falling due within one year
11
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
13		 2023
£
119
119
4,227
19,016
23,243
(445)
22,798
22,917
5,833
17,084
22,917		 2022
£
1,404
1,404
5,940
18,980
24,920
(6,793)
18,127
19,531
6,414
13,117
19,531

For the financial year ending 31 August 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The financial statements on pages 8 to 18 were approved by the trustees, and authorised for issue on 23 February 2024 and signed on their behalf by:

......................................... David Etherton Trustee

The notes on pages 10 to 18 form an integral part of these financial statements. Page 9

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

1 Charity status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Kidz Klub Brighton & Hove Limited 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 notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Page 10

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift aid

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Page 11

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Furniture and equipment 25% on reducing balance Computer equipment 33% on cost

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 12

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The company 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.

3 Income from donations and legacies

Donations and legacies;
Donations
Gift aid reclaimed
Grants, including capital
grants;
Grants
Other income from
donations and legacies		 Unrestricted
funds
General
£
83,924
12,317
47,740
304
144,285		 Restricted
funds
£
-
-
33,166
-
33,166		 Total
2023
£
83,924
12,317
80,906
304
177,451		 Total
2022
£
81,962
12,736
41,387
-
136,085

4 Income from charitable activities

Unrestricted
funds
General
£
Charitable activities
16,997		 Total
2023
£
16,997		 Total
2022
£
13,415

Page 13

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

5 Investment income

Unrestricted
funds
General
£
Interest receivable and similar income;
Interest receivable on bank deposits
84		 Total
2023
£
84		 Total
2022
£
7

6 Expenditure on charitable activities

Note
Premises costs
Events
Publicity and
evangelism
Subscriptions
Computer costs
Equipment and hire
Office costs
Insurance
Motor & travel
Bookkeeping
Legal and
professional
Bank charges
Sundry
Independent
examination
Depreciation,
amortisation and
other similar costs
Staff costs
8		 Unrestricted
funds
General
£
8,567
28,519
2,215
3,233
670
9,283
7,076
1,330
6,874
1,040
-
246
5,231
600
1,285
81,230
157,399		 Restricted
funds
£
-
14,000
-
-
-
-
-
-
9,876
-
2,100
-
-
-
-
7,771
33,747		 Total
2023
£
8,567
42,519
2,215
3,233
670
9,283
7,076
1,330
16,750
1,040
2,100
246
5,231
600
1,285
89,001
191,146		 Total
2022
£
9,114
36,474
2,228
2,995
386
6,569
5,631
1,288
17,911
1,775
1,563
126
455
540
2,631
91,014
180,700

Page 14

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

7 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Connor Pope

Connor Pope received remuneration of £Nil (2022: £4,953) during the year and benefits in the form of pension payments of £Nil (2022: £102).

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

PopeMedia, a firm owned by Connor Pope, was paid £515 for goods and print productions during the year (2022: £375).

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs		 2023
£
85,580
1,602
1,819
89,001		 2022
£
86,783
2,407
1,824
91,014

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

follows:
2023 2022
No No
Staff 4 4

No employee received emoluments of more than £60,000 during the year.

Page 15

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

9 Tangible fixed assets

Furniture
and
equipment
£
Cost
At 1 September 2022
1,555
At 31 August 2023
1,555
Depreciation
At 1 September 2022
1,396
Charge for the year
40
At 31 August 2023
1,436
Net book value
At 31 August 2023
119
At 31 August 2022
159
10 Debtors
Accrued income
11 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals		 Furniture
and
equipment
£
1,555		 Computer
equipment
£
7,735		 Total
£
9,290
9,290
7,886
1,285
9,171
119
1,404
2022
£
5,940
1,555 7,735
1,396
40		 6,490
1,245
1,436 7,735
119 -
159 1,245
2023
£
4,227
2023
£
-
355
90
445
2022
£
6,431
332
30
6,793

Page 16

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

12 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to - £1,819 (2022 £1,824).

Contributions totalling £356 (2022 - £332) were payable to the scheme at the end of the year and are included in creditors.

13 Funds

Unrestricted funds
General
General Funds
Restricted funds
Salary fund
TOYL grant funding
Minibus fund
Total funds		 Balance at
1
September
2022
£
13,117
5,704
-
710
6,414
19,531		 Incoming
resources
£
161,366
10,000
14,000
9,166
33,166
194,532		 Resources
expended
£
(157,399)
(9,871)
(14,000)
(9,876)
(33,747)
(191,146)		 Balance at
31 August
2023
£
17,084
5,833
-
-
5,833
22,917

The Salary fund is grant funding received for wages.

The TTOYL grant funding is for running costs of the The Time Of Your Life event.

The Minibus fund is for leasing costs of the new vehicle.

Page 17

KIDZ KLUB BRIGHTON & HOVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

Unrestricted funds
General
General Funds
Restricted funds
Salary fund
TOYL grant funding
Minibus fund
Total funds		 Balance at
1
September
2021
£
25,776
24,948
-
-
24,948
50,724		 Incoming
resources
£
138,665
-
8,000
2,842
10,842
149,507		 Resources
expended
£
(151,324)
(19,244)
(8,000)
(2,132)
(29,376)
(180,700)		 Balance at
31 August
2022
£
13,117
5,704
-
710
6,414
19,531

14 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
119
17,410
(445)
17,084
Unrestricted
funds
General
£
1,404
18,506
(6,793)
13,117		 Restricted
funds
£
-
5,833
-
5,833
Restricted
funds
£
-
6,414
-
6,414		 Total funds
at 31
August
2023
£
119
23,243
(445)
22,917
Total funds
at 31
August
2022
£
1,404
24,920
(6,793)
19,531

Page 18