## **Kidz Konnekt**
**(a company limited by guarantee)**
# **Company Registration no 06993614 Charity Registration no 1138691**
**Financial Statements For the year ended 31 March 2021**
Eston Leisure Normanby Road Middlesbrough TS6 9AE
Kidz Konnekt **(a company limited by guarantee)**
## **Legal and Administrative Information**
## **Name:**
Kidz Konnekt
**Company No:** 06993614 **Charity No:** 1138691 **Trustees/Directors:** Miss Emma Thomas Mrs Karen McGarrity Mr Ian Williams **Registered Address:** Eston Leisure Normanby Road Middlesbrough TS6 6XH **Bankers:** Yorkshire Bank Central 7 Linthorpe Road Middlesbrough TS6 9AE **Independent Examiner:** Kate Tully FMAAT FCIE AATQB 20 Ennerdale Crescent Winlaton Blaydon on Tyne NE21 6PS
Company No. 06993614 Charity No. 1138691
Page 2 of 13
Kidz Konnekt **(a company limited by guarantee)**
## **Contents**
1. Structure and Governance Page 4 2. Director’s/Trustees Report Pages 4-6 3. Independent Examiner’s Report Page 7 4. Statement of Financial Activities Page 8 5. Balance Sheet Page 9 6. Notes to the Accounts Pages 10-13
Company No. 06993614 Charity No. 1138691
Page 3 of 13
Kidz Konnekt **(a company limited by guarantee)**
## **Structure and Governance**
## _Governing Document_
Kidz Konnekt was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. Kidz Konnekt is also a registered Charity in England and Wales.
## _Governing Body_
The charitable company has an Executive Committee in accordance with its Articles of Association, who are required to serve as members of the charitable company. The executive committee is made up of Trustees who are elected by the members. Each Trustee is required to meet specifications concerning eligibility, personal competence, specialist skills and local availability.
## _Trustee induction and training_
New trustees are inducted into the working environment of the charity.
## _Organisational structure and liability of executives_
The charitable company has an Executive Committee in accordance with its Articles of Association. Members of the Executive Committee, who are Directors for the purpose of company law and Trustees for the purpose of Charity Law, who served during the year and up to the date of this report are set out on page 2.
The executives of the charitable company during the year have guaranteed the liability of the charitable company up to the maximum of £1 each.
## _Risk Management_
The Executive Committee has from time to time conducted its own review of the major strategic, business and operational risk to which the charitable company is exposed. The Executive Committee confirms that the systems have been established to monitor and control these risks to mitigate any impact that they may have on the charitable company.
## **Trustees’/Directors’ Report**
The Trustees present their report and the financial statements for the year end 31[st] March 2021. The Trustees, who are also Directors for the purposes of company law and who served during the year and up to the date of this report are set out on page 2.
## **Objectives and Activities for the Public Benefit**
The objects for which the company was established are to act as a resource for young people up to the age of 25 years living in Redcar and Cleveland by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:
- a) Advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals
- b) Advancing education
- c) Relieving unemployment
- d) Providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons
## **Achievements and Performance**
Kidz Konnekt has had a successful but another very challenging year from 2020 – 2021 during this time we have achieved our aims and objectives in the delivery of quality youth services and reaching those most in need durning the pandemic. Kidz Konnekt has also been able to increase the quantity of
Company No. 06993614 Charity No. 1138691
Page 4 of 13
## Kidz Konnekt
## **(a company limited by guarantee)**
sessions provided through new partnerships and new funding streams. The on-going development of our new Youth and Community Centre has been a massive success and is engaging large numbers of children, young people and members of the community through its Youth Sessions, Activities and projects.
We have been hampered by the Covid pandemic which has been devastating to services across the sector but we have been flexible and pro-active in changing our policies and procedures to allow staff to innovate new ways of working and we have been able to carry on to engage with our members in different ways. This is an on-going issue and we endeavour to continue to develop to meet the changing landscape of Youth Work.
During this time, we have been able to maintain our funding to an extent to reduce spend in times of lockdown and make savings for other periods of relaxed measures. We have had fantastic support form funders across the board during the pandemic which has helped us to offset the losses we have incurred due closure and the lose fundraising and enterprise work.
As with last year a highlight of this year has been the partnership with Sport England’s You’ve Got This Project and the North Yorkshire National Park to bring Outdoor Play and Outdoor Adventurous Activities to the forefront of delivery to support young people’s Health and Wellbeing in these testing times. We have been working closely with South Bank Primary and Grangetown Primary to support their Outdoor learning through Green Space development and Outdoor Education through this partnership which has been very successful.
The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by the range of activities as described above.
## **Financial Review**
## _Reserves Policy_
The Executive Committee of Kidz Konnekt are working towards the policy of having sufficient reserves to be able to cover six months operational costs.
## _Investment powers, policies and performance_
The trustees have considered that cash deposits are the most appropriate policy for investing funds.
## **Plans for the Future**
The main focus for 2021-2022 will be to maintain current services and re-stablish other projects as the pandemic passes. We have taken lessons from and developed from the learning of this period and it has increased the flexibility of the team. Future developments will have a strong view on developing more opportunities for Outdoor Learning, Outdoor Adventure and Conservation work with children and young people.
## **Trustees’ responsibilities:**
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
Company No. 06993614 Charity No. 1138691
Page 5 of 13
## Kidz Konnekt **(a company limited by guarantee)**
## **Approved by the members and signed on their behalf:**
Name: Karen McGarrity Date: 8[th] December 2021
Signature: Karen McGarrity
Company No. 06993614 Charity No. 1138691
Page 6 of 13
Kidz Konnekt **(a company limited by guarantee)**
## **Independent Examiners Report**
Report to the trustees/members of Kidz Konnekt on Accounts for the year ended 31 March 2021 set out on pages 7-12
## **Respective responsibilities of trustees and examiner**
The charity’s 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 s.145 of the Charities Act 2011 (‘the Act’), and that an independent examination is needed.
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:
- Examine the financial statements under s.145 of the 2011 Act;
- Follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act;and
- State whether particular matters have come to my attention
## **Basis of examiner’s statement**
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these 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:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which agree with the accounting records and comply with the accounting requirements of the 2011 Act ; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Kate Tully FMAAT FCIE AATQB
Date 13[th] December 2021
Signed. K A Tully
**----- Start of picture text -----**
acie
association
of charity
independent
examiners
**----- End of picture text -----**
Kate Tully is a Fellow Member of the Association of Charity Independent Examiners and a Fellow Member of the Association of Accounting Technicians
Company No. 06993614 Charity No. 1138691
Page 7 of 13
## Kidz Konnekt **(a company limited by guarantee) Statement of Financial Activities**
**(incorporating the income and expenditure account)**
## **for the year ended 31 March 2021**
|**Note**
**Income and Endowments from:**
_Donations and Legacies_
2
_Charitable Activities_
_2_
_Investment Income_
**Total**
**Expenditure on:**
_Raising Funds_
_2_
_Charitable Activities_
_2_
**Total**
**Net incoming/outgoing resources before**
**transfers**
Transfers
Gross transfers between funds
**Net incoming/outgoing resources before**
**other recognised gains and losses**
Other recognised gains and losses
_Gains on revaluation of fixed assets for_
_charity's own use_
_Gains/losses on investment assets_
_Actuarial gains/losses on defined benefit_
_pension schemes_
**Net movement in funds**
Reconciliation of Funds
_Total Funds brought forward_
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**|**Total**
**Funds**
**£**|**Total**|
|---|---|---|---|
||||**Funds**
**2019-20**|
||||**£**|
||0
0
98,898
191,613
0
0|0
290,511
0||
||||1,825|
||||141,035|
|||||
||**98,898**
**191,613**|**290,511**|**142,860**|
||0
0
37,696
173,887|211,583
0||
|||||
|||||
||||146,445|
||||0|
||**37,696**
**173,887**|**211,583**|**146,445**|
||**61,202**
**17,726**|**78,928**|**(3,585)**|
|||0
0||
||||0|
||**61,202**
**17,726**|**78,928**|**(3,585)**|
||0
0
0
0
0
0|||
||||0|
||||0|
||||0|
||**61,202**
**17,726**|**78,928**|**(3,585)**|
||(454)|(454)||
||||36,733|
||**60,748**
**17,726**|**78,474**|**33,148**|
The notes on pages 10-13 form an integral part of these financial statements.
Company No. 06993614 Charity No. 1138691
Page 8 of 13
**(a company limited by guarantee)**
## Kidz Konnekt
## **Balance Sheet as at 31 March 2021**
|**Note**
**Fixed Assets:**
_Tangible Assets_
6
**Total Fixed Assets:**
**Current Assets**
_Debtors_
7
_Cash at Bank and In Hand_
**Total Current Assets**
**Liabilities**
_Creditors Amounts falling due within one year_
8
**Total Assests**
The Funds of the Charity:
Restricted income funds
Unrestricted income funds
Unrestricted income funds
_Unrestricted income funds excluding pension liability_
Pension Reserve
_Total unrestricted funds_
**TOTAL CHARITY FUNDS**|**20/21**
**19/20**|**20/21**
**19/20**|
|---|---|---|
||**Funds**
**£**|**Funds**
**£**
0|
||0|0|
||6,130
72,643|3,440
(3,593)|
||78,773|(153)|
||300|300|
||300|300|
||||
||**78,474**|**(454)**|
||17,726|0|
||17,726|0|
||60,748|(454)|
||60,748|(454)|
||0|0|
||60,748|(454)|
||**78,474**|**(454)**|
## **Statement of Exemption:**
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
## **Approved by the members and signed on their behalf:**
Name: Karen McGarrity Date: 8[th] December 2021
Signature: Karen McGarrity
The notes on pages 10 -13 form an integral part of these financial statements
Company No. 06993614 Charity No. 1138691
Page 9 of 13
Kidz Konnekt **(a company limited by guarantee)**
## **Notes to the Financial Statements**
## **for the period ending 31 March 2021**
## **1 Accounting Policies**
## **Basis of Preparation**
These 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) (effective January 2015) – Charities SORP (FRS 102).
Kidz Konnekt 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 note(s).
## **Incoming Resources**
These are included in the Statement of Financial Activities (SOFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability
Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Capital Grants are released over the economic useful life of the asset to which they relate
## **Resources Expended and Liabilities**
Resources expended have been analysed using a natural classification.
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
## **Fixed Assets**
There are no fixed assets at this time.
Company No. 06993614 Charity No. 1138691
Page 10 of 13
Kidz Konnekt **(a company limited by guarantee)**
## **2 Funds**
The Charity has two funds, an unrestricted general fund and a restricted fund used for purchasing items of a specific nature funded by one funder: hence all movements on each fund are disclosed.
There are no designated funds at this time.
## **Restricted Funds**
|**estricted Funds**|||
|---|---|---|
|**Funder**
BIG Covid Grant
Lottery from Apr 19
CIN from Oct 19
Ballinger
Greggs
HMRC CJRS
**Total**|**Bal. b/f**
**Income**
**Expenditure Transfers**
0
24,999
24,999
0
0
83,333
83,333
0
13,000
6,500
0
15,000
8,750
0
24,928
19,952
0
30,353
30,353|**Bal. c/f**
0
0
6,500
6,250
4,976
0|
||**(0)**
**191,613**
**173,887 **
**0**|**17,726**|
## **Analysis of Income and Expenditure 2020-21**
## **Income and Endowments from:**
|**Charitable Activities**
BIG Covid Grant
Sport England
Lottery from Apr 19
CIN from Oct 19
Ballinger
Greggs
Other Earned Income
You've Got This Offer
HMRC CJRS
**Total**|**Unrestricted**
**Restricted**
24,999
33,714
0
83,333
13,000
15,000
24,928
10,134
55,050
30,353|**Total**
24,999
33,714
83,333
13,000
15,000
24,928
10,134
55,050
30,353|
|---|---|---|
||**98,898**
**191,613**|
**260,158**|
||||
||**98,898**
**191,613**|**290,511**|
Company No. 06993614 Charity No. 1138691
Page 11 of 13
## Kidz Konnekt **(a company limited by guarantee)**
## **Expenditure on:**
|
**Raising Funds**
**Charitable Activities**
Salaries, NI, etc
Training
Travel/Transport
Events, Activities and Materials
Other Office Costs
Premises
Insurance
Management and Admin
Equipment
Building Work
Independent Examination fee
**Total**
**Total**
**upport Costs**
**Support Cost Type**
Staff/Volunteer Expenses
Travel/Transport
Other Office Costs
Premises
Management and Admin
Independent Examination fee
**Total**|**Unrestricted**
**Restricted**
-
-|**Total**
-|**Total**
-|
|---|---|---|---|
||-
-|-||
||21,379
147,938
100
3,719
6,517
5,108
9,099
1,869
3,340
0
2,000
0
1,034
1,060
3,959
1,719
2,442
300|-
169,317
100
10,236
14,207
5,209
2,000
1,034
5,019
1,719
2,442
300
211,583||
||37,696
173,887|||
|||||
||**37,696**
**173,887 **|**211,583**||
||**Fundraising Charitable**
**Governance**
**Activity**
**Activity**
**Activity**
**£**
**£**
**£**
-
10,236
5,209
2,000
5,019
300||**Total Cost**
**£**
-
-
10,236
5,209
2,000
5,019
300|
||-
17,445-||17,445|
## **Support Costs**
## **3 Employee Costs**
|
**Employee Costs**||
|---|---|
|**Employee Costs**
Gross Salaries and NI
Staff Related Costs|**Unrestricted**
**Restricted**
**Total**
**£**
**£**
**£**
21,379
147,938
169,317
-|
||**21,379**
**147,938**
**169,317**|
5 part time and 4 full time employees were employed during this period, no member of staff was paid remuneration of £60,000 or more.
## **4 Debtors and Prepayments**
|Debtors
Prepayments
**Total**|**£**
6,130
-|
|---|---|
||**6,130**|
Company No. 06993614 Charity No. 1138691
Page 12 of 13
Kidz Konnekt **(a company limited by guarantee)**
## **5 Creditors and Accruals: due within 1 year**
## **£**
||**£**|
|---|---|
|Independent Examination Fee
Accruals and Deferred Income
**Total**|300
-|
||**300**|
## **6 Cash at Bank and in Hand**
|
**Cash at Bank and in Hand**||
|---|---|
|Current Account
BIG Current Account
Petty Cash|**£**
0
72,619
24|
||**72,643**|
Company No. 06993614 Charity No. 1138691
Page 13 of 13