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||||Page|
|---|---|---|---|
|Index to the Financial Statements||||
|Charitable|Company
Information|||
|Trustees'|Report||4-6|
|Statement|ofTrustees'|Responsibilities||
|Independent
Examiner's||Report||
|Statement|of Financial|Activities||
|Statement|of Financial|Postion|10|
|Statement|ofCash Flows|||
|Accounting
Policies|||12 - 13|
|Notes to the Accounts|||14 - 18|
|Charitable|Charitable|Charitable|Company|Company|Company|Information|Information|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|for the|ear||ended|31 December|||2022|||||||||||
|Status:|||||||Kahaila
Limited|is a company||limited|by guarantee||and a registered|charity governed|||by|
||||||||its memorandum||and articles|ofassociation.||The|directors ofthe charity||are its|trustees||
||||||||for the purposes|ofcharity 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:|||||135Brick Lane|||||||||||
||||||||London E1 6SB|||||||||||
|Operations||address:|||||135Brick Lane|||||||||||
||||||||London E1 6SB|||||||||||
|Trustees|who||held office||||Ross Bradley (29||Nov 2021)||-Appointed||22 February 2022|||||
|during the||year:|||||Sally Harman|||||||||||
||||||||Natalie Robinson||||- Resigned 15February 2023|||||||
||||||||Steve Rouse|||||||||||
||||||||John Woolley|||||||||||
|Chairperson:|||||||John Woolley|||||||||||
|Secretary:|||||||Paul Unsworth|||||||||||
|Independent|||Examiner:||||Anthony
Armstrong
FCA|||||||||||
||||||||Armstrong
&Co|||||||||||
||||||||Chartered Accountants 4 Statutory Auditor|||||||||||
||||||||4a Printing
House||Yard|||||||||
||||||||Hackney
Road|||||||||||
||||||||London
E2 7PR|||||||||||
|Bankers:|||||||CAF Bank Ltd|||||||||||
||||||||25 Kings
Hill Avenue|||||||||||
||||||||Kings
Hill, West|Mailing,||||||||||
||||||||Kent ME194JQ|||||||||||
||||||||HSBC|||||||||||
||||||||465 Bethnal Green Road|||||||||||
||||||||London E2 9QW|||||||||||
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|for the year ende|d 31 D|ecember 2022|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||Unrestricted|Restricted|Total Funds|Total Funds|
||||||Funds|Funds|||
|||||Notes|||||
|Income from:|||||||||
|Donations
and legacies|||||27,604||27,604|48,962|
|Charitable
activities|||||369,958||369,958|307,766|
|Investments|||||20||20|3|
|Other income||||||||2,024|
|Total income|||||397,582||397,582|358,755|
|Expenditure
on:|||||||||
|Raising funds|||||85||85|887|
|Charitable
activities|||||331,513|5,333|336,846|396,444|
|Total expenditure|||||331,598|5,333|336,931|397,331|
|Net income/(expenditure)||and movement|in funds||65,984|(5,333)|60,651|(38,576)|
|Reconciliation
offunds:|||||||||
|Total funds brought|forward||||(71,430)|5,333|(66,097)|(27,521)|
|Total funds carried|forward|||16|(5,446)||(5,446)|(66,097)|
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|||||31 December|2022|31 December|2021|
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets:||||||||
|Tangible assets|||10||998||759|
|Total fixed assets|||||998||759|
|Current assets:||||||||
|Stocks|||11|1,250||2,500||
|Debtors|||12|36,342||21,281||
|Cash at bank and|In|hand|13|23,195||34,421||
|Total current assets||||60,787||58,202||
|Creditors: amounts||falling due within one year|13|28,703||72,758||
|Net current assets/(liabilities)|||||32,084||(14,556)|
|Total assets less|current liabilities||||33,082||(13,797)|
|Creditors: amounts
year||falling due after more than one|14||38,528||52,300|
|Total net assets|||||(5,446)||(66,097)|
|The funds ofthe|charity:|||||||
|Restricted funds|||18||||5,333|
|Unrestricted
funds|||14||(5,446)||(71,430)|
|Total charity funds|||20||(5,446)||(66,097)|
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|||||Notes|2022|2021|
|---|---|---|---|---|---|---|
|Cash flows from operating|activities:||||||
|Net cash provided
by/(used
in) operating
activities|||||(10,722)|2,657|
|Cash flows from investing|activities:||||||
|Dividends,
interest and|rents from investments||||20||
|Purchase of property,
plant and equipment|||||(524)||
|Net cash provided
by/(used|in) investing
activities||||(504)||
|Change
in cash and cash equivalents
in the reporting||period|||(11,226)|2,660|
|Cash and cash equivalents|at the beginning
ofthe reporting||period||34,422|31,762|
|Cash and cash equivalents|at the end ofthe reporting|period|||23,196|34,422|
|Notes to the Cash Flow Statement|Notes to the Cash Flow Statement|||2022|2021|
|---|---|---|---|---|---|
|1)|Reconciliation
ofnet income/(expenditure)|to net cash flow from||||
||operating
activities|||||
||Net income/(expenditure)
for the reporting|period (as per the statement|offinancial|||
||activities)|||60,651|(38,576)|
||Adjustments
for:|||||
||Depreciation
charges|||285|741|
||Dividends,
interest and rents from investments|||(20)|(3)|
||(Increase)/decrease
in stocks and work in progress|||1,250||
||(Increase)/decrease
in debtors|||(15,061)|13,688|
||Increase/(decrease)
in creditors|||(57,827)|26,806|
||Net cash provided
by/(used
in) operating|activities||(10,722)|2,657|
|||||2022|2021|
|2)|Analysis ofcash and cash equivalents|||||
||Cash
in hand|||23,196|34,422|
||Total cash and cash equivalents|||23,196|34,422|
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|2|Net incoming|resources||2022|2021|
|---|---|---|---|---|---|
||Netincoming|resources are stated after|charging:|||
||Independent|Examiner's fees - reporting|service|1,200|1,200|
||Independent|Examiner's fees - other services||4,961|6,454|
||Depreciation|-owned assets||285|741|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|3|Income from||donations|and legacies|Unrestricted|Restricted|Totalf|Total|
||Gift aid tax|recovered|||4,040||4,040|5,780|
||Gifts and donations||||23,564||23,564|43,182|
||||||27,604||27,604|48,962|
||||||||2022|2021|
|4|Income from||charitable|activities|Unrestricted|Restricted|Totalf|Total|
||Cafe sales||||361,958||361,958|204,866|
||Ella|||||||2,527|
||Grant income||||8,000||8,000|100,373|
||||||369,958||369,958|307,766|
||||||||2022|2021|
|5|Income from||investments||Unrestricted|Restricted|Total|Total|
||||||||F||
||Interest Income||||20||20|3|
||||||20||20||
||||||||2022|2021|
|6|Other income||||Unrestricted|Restricted|Total
E|Totalf|
||Other|||||||2,024|
|||||||||2,024|
||||||||2022|2021|
|7|Expenditure||on raising funds||Unrestricted|Restricted|Total|Total|
||Advertising|and promotion|||85||85|887|
||||||85|||887|
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|the year ended 31 D|ece|mb|er 2022|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|Expenditure
on charitable||activities||Unrestricted|Restricted|Total|Total|
|||||||F||
|Staff salaries||||127,765|5,333|133,098|170,895|
|Staff pensions||||7,635||7,635|14,033|
|Cafe purchases||||109,036||109,036|74,245|
|Cafe small equipment||||4,826||4,826|1,928|
|Direct costs ofsales (Merch||fees, etc)||3,097||3,097||
|Cafe rent, rates 8 maintenance||||56,865||56,865|110,189|
|Cafe assets depreciation||||285||285|740|
|Evangelism
& ministry expenses||||57||57|221|
|Gifts &donations|||||||5,696|
|Conferences
8 training||||260||260|10|
|Travel &meeting expenses||||7,631||7,631|2,130|
|Office expenses||||2,526||2,526|2,339|
|Miscellaneous
expenses||||3,794||3,794|5,281|
|Bank charges||||401||401|841|
|Bookkeeping||||5,961||5,961|6,696|
|Independent
examiner's|fees|||1,200||1,200|1,200|
|Interest payable||||174||174||
|||||331,513|5,333|336,846|396,444|
|Staff costs||||||2022|2021|
|Staff salaries||||||133,098|170,895|
|Staff pensions||||||7,635|14,033|
|||||||140,733|184,928|
|Average
number ofemployees|||during the year was:|||14|14|
|||Premises|Plant &|Furniture
&|Office||
|---|---|---|---|---|---|---|
|10|Tangible fixed assets|Improvements|machinery|fixtures|equipment
E|Totalf|
||Cost||||||
||As at 1 January 2022|67,206|32,743|11,287|2,499|113,735|
||Additions||524|||524|
||As at 31 December 2022|67,206|33,267|11,287|2,499|114,259|
||Depreciation||||||
||As at 1 January 2022|67,206|31,984|11,287|2,499|112,976|
||Charge for the year||285|||285|
||As at 31 December 2022|67,206|32,269|11,287|2,499|113,261|
||Net book value||||||
||As at 31 December 2022||998|||998|
||As at 31 December 2021||759|||759|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|11|Stocks||||||2022
F|2021f|
||Stock||||||1,250|2,500|
||||||||1,250|2,500|
|12|Debtors: amounts||falling due within one year||||2022|2021|
|||||||||F|
||Other debtors||||||14,012||
||Rent deposit||||||20,000|20,000|
||Card sales|control|||||2,330|1,281|
||||||||36,342|21,281|
|13|Creditors:|amounts|falling due within one year||||2022|2021|
|||||||||F|
||Creditors||||||7,974|22,780|
||Net wages||||||2,268||
||VAT liability||||||7,934|8,371|
||PAYE||||||830|1,518|
||Pension
liability||||||45||
||Accruals||||||4,156|33,489|
||Loans||||||5,496|6,600|
||||||||28,703|72,758|
|14|Creditors:|amounts|falling due after more than one year||||2022|2021|
|||||||||E|
||LBA loans||||||32,000|32,300|
||BBloan||||||6,528|20,000|
||||||||38,528|52,300|
|15|Maturity ofdebt||||||2022|2021|
||||||||F||
||Amount
falling due:||||||||
||In one year or less||||||5,496|6,600|
||Between|one and|two years||||5,496|6,600|
||Between|two and|five years||||33,032|45,700|
||||||||44,024|58,900|
|||||Opening|Resources|Resources|Other|Closing|
|16|The funds|ofthe charity: current year||balance|arising|utilised|movements|balance|
||Restricted|funds|||||||
||Restricted funds|||5,333||(5,333)|||
||Unrestricted|funds|||||||
||General funds|||(71,430)|397,582|(331,598)||(5,446)|
|||||(66,097)|397,582|(336,931)||(5,446)|
|||||Opening|Resources|Resources|Other|Closing|
|17|The funds|ofthe charity: prior year||balance|arising|utilised|movements|balance|
|||||F|||||
||Restricted|funds|||||||
||Restricted funds|||5,333|51,170|(51,170)||5,333|
||Unrestricted|funds|||||||
||General funds|||(32,856)|307,585|(346,161)||(71,432)|
|||||(27,523)|358,755|(397,331)||(66,099)|
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|for|the year en|ded 31 December 2022|||||||
|---|---|---|---|---|---|---|---|---|
||||Opening|Incoming|Resources|Transfers|&|Closing|
|18|Restricted funds: current year||balance|resources|expended|gains/(losses)||balance|
||Comic Relief||5,333||5,333||||
||||5,333||5,333||||
||||Opening|Incoming|Resources|Transfers|&|Closing|
|19|Restricted funds: prior year||balance|resources|expended|gains/(losses)||balance|
|||||||E|||
||Coronavirus|Job Retention Scheme (CJRS)||51,170|51,170||||
||Comic Relief||5,333|||||5,333|
||||5,333|51,170|51,170|||5,333|
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|||||Designated|Restricted|Endowment||
|---|---|---|---|---|---|---|---|
|20|Net assets attributable|to funds: current year|General funds|funds|funds|funds|Total|
||||||||E|
||Tangible
fixed assets||998||||998|
||Current assets||60,787||||60,787|
||Current
liabilities||(28,907)||||(28,907)|
||Long term liabilities||(38,324)||||(38,324)|
||Net assets represented|by funds|(5,446)||||(5,446)|
|||||Designated|Restricted|Endowment||
|21|Net assets attributable|to funds: prior year|General funds|funds|funds|funds
f|Total|
||Tangible
fixed assets||759||||759|
||Current assets||52,869||5,333||58,202|
||Current
liabilities||(72,758)||||(72,758)|
||Long term liabilities||(52,300)||||(52,300)|
||Net assets represented|by funds|(71,430)||5,333||(66,097)|
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