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2020-12-31-accounts

Company number: 7356380 Charity number: 1138653

Kahaila Limited

(A Charity Company Limited by Guarantee, company number 7356380)

Financial Statements

and Trustees' Report

for the year ended 31 December 2020

AT Kahaila Limited

(A Charity Company Limited by Guarantee, company number 7356380)

Index to the Financial Statements for the year ended 31 December 2020

Page
Index to the Financial Statements 2
Charitable Company Information 3
Trustees' Report 4 - 6
Statement of Trustees' Responsibilities 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Statement of Financial Postion 10
Statement of Cash Flows 11
Accounting Policies 12 - 13
Notes to the Accounts 14 - 18

Page 2

(A Charity Company Limited by Guarantee, company number 7356380)

AT Kahaila Limited

Charitable Company Information

for the year ended 31 December 2020

Status: Kahaila Limited is a company limited by guarantee and a registered charity governed by
its memorandum and articles of association. The directors of the charity are its trustees
for the purposes of charity law and throughout this report are collectively referred to as
the trustees.
Charity name: Kahaila Limited
Company registration number: 7356380
England
Charity registration number: 1138653
Registered office: 135 Brick Lane
London E1 6SB
Operations address: 135 Brick Lane
London E1 6SB
Trustees who held office William Garwood
during the year: Steve Rouse
Michael Stickland
John Woolley
Natalie Robinson
Sally Harman
Chairperson: John Woolley
Treasurer: Michael Stickland
Secretary: Paul Unsworth
Independent Examiner: Anthony Armstrong FCA
Armstrong & Co
Chartered Accountants & Statutory Auditor
4a Printing House Yard
Hackney Road
London E2 7PR
Bankers: CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill, West Malling,
Kent ME19 4JQ
0
HSBC
465 Bethnal Green Road
London E2 9QW

Page 3

(A Charity Company Limited by Guarantee, company number 7356380)

AT Kahaila Limited

Trustees' Report, incorporating the Directors' Report

for the year ended 31 December 2020

The Trustees of Kahaila Limited present their report together with the financial statements for the year ended 31 December 2020.

Trustees

The Trustees of the charity who held office during the year are disclosed on page 3.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Kahaila Limited is a company limited by guarantee, incorporated on 25 August 2010 and registered as a charity on 28 October 2010. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.

Public Benefit

In planning all the charity's activities the trustees take into account the Charity Commission guidance on public benefit and aim to meet its obligations both in spirit and in letter.

The charitable causes we are currently investing in are explained further in the report.

Board of Trustees

We have a minimum of three trustees and new trustees are appointed by agreement of the existing trustees. Potential trustees are provided with a detailed job description and invited to a board meeting. After completing the relevant paperwork, and approved, they are then voted on at the next Board meeting and must have the majority support of the Board.

Our trustees recognise that they have a duty to safeguard our assets and take steps to ensure that Kahaila Limited is being properly managed and that our funds are being spent appropriately.

The trustees ensure that major risks including; governance, operational, financial, external and compliance with legal requirements are identified and reviewed on a regular basis and that we have adequate systems in place to mitigate these risks.

In addition, the trustees ensure that Kahaila Limited has access to professional legal and financial advice where appropriate.

Meetings are held on average every three months. Trustees receive a quarterly activity report as well as financial and budgetary reports.

Management and Key Staff

Paul Unsworth is Kahaila Limited Director, and he communicates regularly with the Chair and members of the Board particularly in relation to major decisions on finance and strategy.

We have policies and procedures covering Health and Safety, Child Protection, Equal Opportunities, Finances and a staff handbook and volunteer handbook.

All our activities are well organised, risk assessed and supervised. A de-briefing takes place with staff and volunteers after each activity, results are written up and filed and any action to be taken is reported to the management.

Premises

A lease was signed for 5 years on 2nd April 2012 on 135 Brick Lane to provide premises from which the charity will operate in fulfilling its charitable objectives. This lease was renewed for an additional 6 years, on 2nd April 2017.

A lease was signed for 5 year on 16th April 2018 on Portsoken Pavilion, 1 Aldgate, London EC3N 1AF to provide premises for a second community café.

A rental agreement on a property owned by Frampton Park Road Baptist Church began on the 1st January 2017 for Ella’s Home. This rental agreement was transferred to the new charity Ella’s Home (1187529) on the 31st August 2020.

AIMS OBJECTIVES AND ACTIVITIES

Aims

As per our Governing Document, Kahaila Limited was established for; the advancement of the Christianity; the advancement of health and the preservation and protection of public health generally; the relief of persons who are in need, hardship of or distress and the prevention and relief of poverty; the advancement of education.

Page 4

(A Charity Company Limited by Guarantee, company number 7356380)

AT Kahaila Limited

Trustees' Report, incorporating the Directors' Report

for the year ended 31 December 2020

The Directors have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and in planning future activities. In particular, the Directors consider how planned activities will contribute to the aims and objectives they have set. The main activities undertaken to further Kahaila’s purposes for the public benefit are explained later in this report.

Objectives

Kahaila Limited aims to build community that brings life in all its fullness.

Therefore, we aim to

Kahaila Limited fulfils its objectives through the following activities

A café that provides a forum for people to not only experience and build community in a fresh new way but also to allow them to explore faith in a non-threatening and comfortable place, where there is no pressure to be anything other than yourself.

A church community that gathers regularly in Brick Lane and Forest Gate, modelling our values of belonging, community, serving, faith and generosity.

The development of Kahaila’s projects which are:

Ella’s Home – A safe house providing a supportive place of recovery for women who have suffered from sexual exploitation and trafficking. Ella’s Home offers an appropriate time frame and holistic plan for recovery and supports them back into life, community and freedom. Ella’s Home also offers comprehensive support and advocate for women in accessing healthcare, immigration support, social services, pastoral and spiritual care, counseling, life skills development, English language teaching and employability training.

On the 31st August 2020, Kahaila’s project Ella’s Home was established as an independent charity named Ella’s Home (charity no.1187529).

Essence - Based in a women’s prison delivering non-formal education through accredited and innovative Life Skills courses, outreach, mentoring, and pastoral support to women in prison and as they resettle back into the community upon their release. We aim to empower women to break free from the destructive cycles they are caught in - equipping them with new skills, aiding successful resettlement and reduce re-offending.

BREW – An employability programme for members of the homeless community. We offer a barista training course and offer paid employment within our community café’s. Through training and employment, we aim to create a sustainable solution for homeless people to rebuild their lives.

ACHIEVEMENTS AND PERFORMANCE

Our achievements against performance can be seen by comparing our objectives above against our activities.

FINANCIAL REVIEW

Results for the year

The results of the period and financial position of the charity are shown in the annexed financial statements.

The Statement of Financial Activities shows net expenditure for the year of £202,256 and reserves of £(27,523).

Reserves Policy

It is considered prudent that Kahaila Limited should aim to have a minimum level of general reserves of £27,000 to cover unforeseen circumstances and key salaries for three months and we are currently achieving this target.

Kahaila Limited, in line with its business plan and fundraising strategy, plans to maintain this level of reserves over the next three years through prudent management of income and expenditure.

Related Party Transactions

The Trustees confirm that Kahaila Limited had no related party transactions during the year.

Page 5

(A Charity Company Limited by Guarantee, company number 7356380)

AT Kahaila Limited

Trustees' Report, incorporating the Directors' Report

for the year ended 31 December 2020

Guarantees

Members on the board of Trustees of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up. The total number of such guarantees at 31 December 2020 was 6. The Trustees have no beneficial interest in the charitable company.

Independent Examiner

The Independent Examiner, Anthony Armstrong FCA of Armstrong & Co, has indicated his willingness to be proposed for reappointment.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Trustees on 26 August 2021 and signed on its behalf by:

John Woolley, Trustee

Page 6

(A Charity Company Limited by Guarantee, company number 7356380)

AT Kahaila Limited

Statement of Trustees' Responsibilities for the year ended 31 December 2020

The trustees (who are the directors of Kahaila Limited for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records which 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 and charity legislation. 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.

Page 7

(A Charity Company Limited by Guarantee, company number 7356380)

AT Kahaila Limited

Independent Examiner's Report to the Trustees of Kahaila Limited

I report on the accounts of Kahaila Limited for the period from 1 January 2020 to 31 December 2020, which are set out on pages 9 to 18.

This report is made solely to the trustees as a body in accordance with section 145 of the Charities Act 2011 (the Charities Act) and regulations made under section 154 of that Act. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Respective responsibilities of trustees and examiner

As described on page 7, the trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the the Charities Act and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:

I 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.

Anthony Armstrong FCA, Independent Examiner of Armstrong & Co Chartered Accountants & Statutory Auditor

4a Printing House Yard Hackney Road London E2 7PR

Dated: 26 August 2021

Page 8

(A Charity Company Limited by Guarantee, company number 7356380)

FS Kahaila Limited

Statement of Financial Activities

incorporating the income and expenditure account for the year ended 31 December 2020

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Trading activities
5
Investments
6
Total income
Expenditure on:
Raising funds
7
Charitable activities
8
Total expenditure
Net income/(expenditure) and movement in funds
Reconciliation of funds:
Total funds brought forward
16
Total funds carried forward
16		 2020
2019
Total Funds
Total Funds
£
£
174,307
315,063
404,018
832,245
1,773
11,531
9
18
580,107
1,158,857
7,799
26,993
774,564
1,260,678
782,363
1,287,671
(202,256)
(128,814)
174,733
303,547
(27,523)
174,733
Unrestricted
Funds		 Restricted
Funds
£
174,307
323,747
1,773
9		 £
-
80,271
-
-
80,271
-
166,572
166,572
(86,301)
91,634
5,333
499,836
7,799
607,992
**615,791 **
(115,955)
83,099
(32,856)

All incoming resources and resources expended are derived from continuing activities. The statement of financial activities incorporates an income and expenditure account.

The accompanying accounting policies and notes form an integral part of these financial statements.

Page 9

(A Charity Company Limited by Guarantee, company number 7356380)

Kahaila Limited

Statement of Financial Postion

as at 31 December 2020

Notes
Fixed assets:
Tangible assets
10
Total fixed assets
Current assets:
Stocks
11
Debtors
12
Cash at bank and In hand
13
Total current assets
13
Net current assets/(liabilities)
Total assets less current liabilities
14
Total net assets
The funds of the charity:
Restricted funds
18
Unrestricted funds
14
Total charity funds
20
Creditors: amounts falling due after more than one
year
Creditors: amounts falling due within one year		 £
£
£
£
1,500
721
1,500
721
2,500
2,500
34,969
44,000
31,762
249,540
69,231
296,040
59,954
85,305
9,277
210,735
10,777
211,456
38,300
36,723
(27,523)
174,733
5,333
91,634
(32,856)
83,099
(27,523)
174,733
31 December 2020
31 December 2019		 £
£
£
£
1,500
721
1,500
721
2,500
2,500
34,969
44,000
31,762
249,540
69,231
296,040
59,954
85,305
9,277
210,735
10,777
211,456
38,300
36,723
(27,523)
174,733
5,333
91,634
(32,856)
83,099
(27,523)
174,733
31 December 2020
31 December 2019
£
2,500
34,969
31,762
69,231
59,954		 £
721
721
210,735
211,456
36,723
174,733
91,634
83,099
174,733

The directors are satisfied that the company is entitled to exemption from audit under Section 477 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

(i) ensuring that the company keeps proper accounting records which comply with Section 386 of the Companies Act 2006; and

(ii) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of the financial year and of its surplus or deficit for the financial year in accordance with the requirements of Section 394 and 395 of the Companies Act 2006, and which otherwise comply with the requirements of this act relating to accounts, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard 102.

The financial statements were approved by the Board of Trustees on 26 August 2021 and signed on its behalf by:

John Woolley Trustee

The notes on pages 12 to 18 form part of these accounts.

Page 10

(A Charity Company Limited by Guarantee, company number 7356380)

Kahaila Limited

Statement of Cash Flows

for the year ended 31 December 2020

Notes
Cash flows from operating activities:
Net cash provided by/(used in) operating activities
1
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
2
Cash and cash equivalents at the end of the reporting period
2
Notes to the Cash Flow Statement
1)
Adjustments for:
Depreciation charges
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities
2)
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
Reconciliation of net income/(expenditure) to net cash flow from
operating activities
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)		 2020
£
(216,268)
9
(1,519)
(1,510)
(217,778)
249,540
31,762
2020
£
(202,256)
740
(9)
9,031
(23,774)
(216,268)
2020
£
31,762
31,762		 2019
£
(128,386)
18
-
18
(128,368)
377,908
249,540
2019
£
(128,814)
360
(18)
12,634
(12,547)
(128,386)
2019
£
249,540
249,540

Page 11

(A Charity Company Limited by Guarantee, company number 7356380)

Kahaila Limited

Accounting Policies for the year ended 31 December 2020

Basis of preparation

The financial statements have been prepared in accordance with:

Public benefit entity

The charitable company meets the defination of a public benefit entity under FRS 102.

Going concern

The Kahaila Board of Trustee confirms their assumption that Kahaila Limited is a going concern and no significant uncertainty exists in this respect. The assumption is based on professional and legal advice from Weil, Gotshel and Manges LLP and insolvency specialist Phil Reynolds of FRP Advisory. As well as carrying out a cash flow forecast based on sales forecast and government support cash grants. The trustees have been monitoring the financial position on a regular basis, the minutes give an accurate account of the meetings and the decisions made.

Income recognition

Income is recognised when the charity has a contractual or other right to its receipt, it is probable that the income will be received and that the amount can be measured reliably. Income with conditions attached to its receipt is recognised when those conditions have been fulfilled.

Voluntary income received by way of donations and gifts is included in full when received. Donated services and facilities are recognised as an incoming resource where the provider of the service has incurred a financial cost. Volunteer time is not included in the financial statements.

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

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. The charity is registered for VAT and accordingly expenditure excludes VAT where appropriate. Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations.

Charitable expenditure includes those costs expended in fulfilling the charity’s principal objects, as outlined in the Report of the Trustees. These include grants payable, governance costs and an apportionment of support costs.

Costs are allocated directly to projects where they can be identified as relating solely to that project. Other costs are allocated between the funds based on staff time spent on the fund activities or other appropriate criteria.

Restricted Funds

Restricted funds are to be used for specified purposes as laid down by the funder. Direct and support expenditure which meets these criteria are identified to the fund together with a fair allocation of other costs.

Unrestricted Funds

Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Page 12

(A Charity Company Limited by Guarantee, company number 7356380)

Kahaila Limited

Accounting Policies

for the year ended 31 December 2020

Pensions

The charity operates defined contribution schemes which are administered by outside independent pensions providers. Contributions payable for the year are charged to the Statement of Financial Activities.

Tangible Fixed Assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Premises Improvements - 25% on cost Plant & machinery - 25% on cost Furniture & fixtures - 25% on cost Office equipment - 25% on cost

Items of equipment are only capitalised where the purchase price exceeds £500.

Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Page 13

(A Charity Company Limited by Guarantee, company number 7356380)

F Kahaila Limited

Notes to the Accounts for the year ended 31 December 2020

1 Incoming resources

The incoming resources and surplus are attributable to the principal activities of the charity.

2
Net outgoing resources
Net outgoing resources are stated after charging:
Auditors fees - statutory audit services
Auditors fees - other services
Independent Examiner's fees - reporting service
Independent Examiner's fees - other services
Depreciation - owned assets
Trustees' emoluments		 2020
£
-
-
1,200
500
740
-		 2019
£
2,500
1,000
-
-
360
-

Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.

3
Income from donations and legacies
Gift aid tax recovered
Gifts and donations
4
Income from charitable activities
Cafe sales
Ella
Grant income		 Unrestricted
£
7,584
166,723
174,307
Unrestricted
£
194,619
64,128
65,000
323,747		 Restricted
£
-
-
-
Restricted
£
-
-
80,271
80,271		 2020
Total
£
7,584
166,723
174,307
2020
Total
£
194,619
64,128
145,271
404,018		 2019
Total
£
17,052
298,011
315,063
2019
Total
£
806,867
25,378
-
832,245
5
Income from trading activities
BEAM income
Venue hire
6
Income from investments
Interest Income
7
Expenditure on raising funds
Advertising and promotion
Website		 Unrestricted
£
300
1,473
1,773
Unrestricted
£
9
9
Unrestricted
£
7,002
797
7,799		 Restricted
£
-
-
-
Restricted
£
-
-
Restricted
£
-
-
-		 2020
Total
£
300
1,473
1,773
2020
Total
£
9
9
2020
Total
£
7,002
797
7,799		 2019
Total
£
500
11,031
11,531
2019
Total
£
18
18
2019
Total
£
26,233
760
26,993

Page 14

(A Charity Company Limited by Guarantee, company number 7356380)

F Kahaila Limited

Notes to the Accounts

for the year ended 31 December 2020

8
Expenditure on charitable activities
Staff salaries
Staff pensions
Café purchases
Café small equipment
Café rent, rates & maintenance
Café other costs
Café assets depreciation
Evangelism & ministry expenses
Gifts & donations
Conferences & training
Travel & meeting expenses
Office expenses
Miscellaneous expenses
Bank charges
Legal and professional fees
Payroll costs
Independent examiner's fees
Audit fees
9
Staff costs
Staff salaries
Staff pensions
Average number of employees during the year was:		 Unrestricted
£
308,863
10,175
81,662
10,286
147,997
-
740
263
9,600
1,857
1,675
12,477
9,654
720
7,822
2,501
1,700
-
607,992		 Restricted
£
166,572
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
166,572		 2020
Total
£
475,435
10,175
81,662
10,286
147,997
-
740
263
9,600
1,857
1,675
12,477
9,654
720
7,822
2,501
1,700
-
774,564
2020
£
475,435
10,175
485,610
34		 2019
Total
£
647,446
18,941
275,268
26,052
193,163
763
360
1,187
22,204
7,562
7,085
18,576
17,256
1,521
16,460
3,334
-
3,500
1,260,678
2019
£
647,446
18,940
666,386
44

Average number of employees during the year was:

No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 31 December 2020 nor to 31 December 2019.

Employees paid in excess of £60,000 during the current year and previous year:

mpoyees pa n excess o , urng e cur
10 Tangible fixed assets
Tangible 1
£
Cost
As at 1 January 2020
-
Additions
-
As at 31 December 2020
-
Depreciation
As at 1 January 2020
-
Charge for the year
-
As at 31 December 2020
-
Net book value
As at 31 December 2020
-
As at 31 December 2019
-		 en year an pr
Premises
Improvements
£
67,206
-		 evous year:
Plant &
machinery
£
31,224
1,519
32,743
31,224
380
31,604
1,139
-		 Furniture &
fixtures
£
11,287
-
11,287
10,566
360
10,926
361
721		 -
Office
equipment
£
2,499
-
2,499
2,499
-
2,499
-
-		 -
Total
£
112,216
1,519
67,206 113,735
67,206
-		 111,495
740
67,206 112,235
- 1,500
- 721

Page 15

(A Charity Company Limited by Guarantee, company number 7356380)

F Kahaila Limited

Notes to the Accounts

for the year ended 31 December 2020

11
12
13
14
15
16
**17 **		 Stocks
Stock
Debtors: amounts falling due within one year
Rent deposit
Prepayments
Creditors: amounts falling due within one year
Creditors
VAT liability
PAYE
Accruals
Loans < 12 mths
Creditors: amounts falling due after more than one year
Loans > 12 mths
Maturity of debt
Amount falling due:
In one year or less
Between one and two years
Between two and five years
The funds of the charity: current year
Opening
balance
£
Restricted funds
Restricted funds
91,634
Unrestricted funds
General funds
83,099
174,733
The funds of the charity: prior year
Opening
balance
£
Restricted funds
Restricted funds
325,023
Unrestricted funds
General funds
(21,476)
303,547		 Stocks
Stock
Debtors: amounts falling due within one year
Rent deposit
Prepayments
Creditors: amounts falling due within one year
Creditors
VAT liability
PAYE
Accruals
Loans < 12 mths
Creditors: amounts falling due after more than one year
Loans > 12 mths
Maturity of debt
Amount falling due:
In one year or less
Between one and two years
Between two and five years
The funds of the charity: current year
Opening
balance
£
Restricted funds
Restricted funds
91,634
Unrestricted funds
General funds
83,099
174,733
The funds of the charity: prior year
Opening
balance
£
Restricted funds
Restricted funds
325,023
Unrestricted funds
General funds
(21,476)
303,547		 Resources
arising
£
80,271
499,836
580,107
Resources
arising
£
34,266
1,124,591
1,158,857		 Resources
utilised
£
(166,572)
(615,791)
(782,363)
Resources
utilised
£
(267,655)
(1,020,016)
(1,287,671)		 2020
£
2,500
2,500
2020
£
34,400
569
34,969
2020
£
14,639
3,145
3,430
35,738
3,002
59,954
2020
£
38,300
38,300
2020
£
3,000
7,200
31,100
41,300
Other
movements
£
-
-
-
Other
movements
£
-
-
-		 2019
£
2,500
2,500
2019
£
44,000
-
44,000
2019
£
25,732
7,274
9,652
26,151
16,496
85,305
2019
£
36,723
36,723
2019
£
16,496
16,496
20,227
53,219
Closing
balance
£
5,333
(32,856)
174,733 (27,523)
Opening
balance
£
325,023
(21,476)		 Closing
balance
£
91,634
83,099
303,547 174,733

Page 16

(A Charity Company Limited by Guarantee, company number 7356380)

F Kahaila Limited

Notes to the Accounts

for the year ended 31 December 2020

18 Restricted funds: current year
Coronavirus Job Retention Scheme (CJRS)
Comic Relief
Merton Refuge
Reflex (Essence)
19 Restricted funds: prior year
BWB Foundation
Comic Relief
East End Community Foundation
Lent appeal
Merton Refuge
Newby Trust
Reflex (Essence)		 Opening
balance
£
-
5,333
70,801
15,500		 Incoming
resources
£
80,271
-
-
-
80,271
Incoming
resources
£
-
4,900
8,826
5,040
-
-
15,500
34,266		 Resources
expended
£
80,271
-
70,801
15,500
166,572
Resources
expended
£
8,164
53,964
8,826
5,040
188,394
3,267
-
267,655		 Transfers &
gains/(losses)
£
-
-
-
-
-
Transfers &
gains/(losses)
£
-
-
-
-
-
-
-
-		 Closing
balance
£
-
5,333
-
-
91,634 5,333
Opening
balance
£
8,164
54,397
-
-
259,194
3,267
-		 Closing
balance
£
-
5,333
-
-
70,801
-
15,500
325,022 91,634

Restricted funds (continued)

Projects financed by restricted funds are supported by unrestricted funding where necessary. This occurs where the funding is in arrears or the incidence of expenditure on the project occurs disproportionately at the beginning of the project compared to the income flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfers from unrestricted funds.

BWB Foundation Grant towardsgeneral costs of Ellas Home.
Coronavirus Job Retention
Scheme (CJRS)		 The CJRS was introduced to help employers who cannot maintain their current workforce
because their operations are affected by the COVID-19 outbreak. The amount relates to the
furlough claims made to HMRC during the year. All the amounts received from the claims
have been paid to the employees who the claims relate to.
Comic Relief Grant for salaries for full time project manager/support worker (Luminary) and part time
support worker for the victims of trafficking.
East End Community Grant towards costs of LuminaryBakery- EmployabilityTrainingProgramme.
Lent appeal Grant towardsgeneral costs of Ellas Home.
Merton Refuge Grant of £300,000 to provide temporary housing for female survivors of trafficking and
sexual exploitation. £34,864 is restricted to the work of Ella's Home.
Newby Trust Cost towards sponsoringapprentices.
Reflex(Essence) Grant to cover salarycosts of CommunityDevelopment worker in 2020.
Net assets attributable to funds: current year
Tangible fixed assets
Current assets
Current liabilities
Long term liabilities
Net assets represented by funds		 General funds
1,500
63,898
(59,954)
(38,300)		 Designated
funds
£
-
-
-
-
-		 Restricted
funds
£
-
5,333
-
-
5,333		 Endowment
funds
£
-
-
-
-
-		 Total
£
1,500
69,231
(59,954)
(38,300)
(32,856) (27,523)

20 Net assets attributable to funds: current year

Net assets attributable to funds: prior year
Tangible fixed assets
Current assets
Current liabilities
Long term liabilities
Net assets represented by funds		 General funds
721
204,406
(85,305)
(36,723)		 Designated
funds
£
-
-
-
-
-		 Restricted
funds
£
-
91,634
-
-
91,634		 Endowment
funds
£
-
-
-
-
-		 Total
£
721
296,040
(85,305)
(36,723)
83,099 174,733

21 Net assets attributable to funds: prior year

Page 17

(A Charity Company Limited by Guarantee, company number 7356380)

F Kahaila Limited

Notes to the Accounts

for the year ended 31 December 2020

22 Taxation

The company is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.

23 Post balance sheet events

There were no significant post balance sheet events.

24 Pension commitments

The charitable company contributes to employee defined contribution (DC) stakeholder pension schemes. The assets of the schemes are held separately from those of the charitable company in independently administered funds.

25 Other financial commitments

At 31 December 2020, the charitable company had total commitments under non-cancellable operating leases over the remaining life of those leases of £193,500 (2019: £313,995).

26 Contingent liabilities

The charitable company had no material contingent liabilities at 31 December 2020 nor at 31 December 2019.

27 Related parties

Burning Tree Tea Limited supplies tea and coffee to Kahaila Limited (Three Cords Coffee is the trading name of the coffee business under Burning Tree Tea Ltd.) The CEO of Kahaila Limited directly owns a fifty per cent share in Burning Tree Tea Ltd. The decision to purchase goods from Burning Tree Tea and Three Cords coffee was approved by the Kahaila Board of Trustees.

During the year 2020 Kahaila entered into the following transactions with Burning Tree Ltd who are not a part of Kahaila Limited.

Sale ofgoods in 2020
BurningTree Tea £364
Three Cords Coffee £661

Sales of goods to Kahaila Limited were made at Burning Tree Limited usual cost list price, less an average discount of twenty per cent. Purchases were made at market price discounted to reflect the relationship between the parties.

28 Gifts in kind and volunteers

During the year the charitable company benefited from unpaid work performed by volunteers.

29 Company status

The company is limited by guarantee and has no share capital. The guarantors liability in the event the company is wound up is restricted to a maximum of £1 each.

Page 18