2023-03-31-accounts

Company Registration No. 06993614 Charity Registration No. 1138691

KIDZ KONNEKT

(A Company limited by guarantee)

Annual Report and financial statements

for the year ended 31 March 2023

KIDZ KONNEKT

(A company limited by guarantee)

Contents
	Page
Legal and Administrative details of the charity
Trustees' Report	1 - 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance sheet	7
Notes to the financial statements	8 - 17

KIDZ KONNEKT (A company limited by guarantee)

Legal and Administrative Information

Company number	06993614
Charity Registration	0702394
Start of financial year	1 April 2022
End of financial year	31 March 2023
Council of Management:
Trustees and Directors:-	Mrs Emma Lonsdale
	Mrs Karen McGarrity
	Mr Ian Williams
	Mr Nigel Horne (from 29 June 2023)
Company secretary
Legal status	Company limited by guarantee
Legal Name	Kidz Konnekt
Charitable Status	Registered Charity No. 1138691
Correspondence address
and registered office	Eston Leisure
	Normanby Road
	Middlesbrough
	TS6 9AE
Bankers	Yorkshire Bank
	7 Linthorpe Road
	Middlesbrough
	TS6 9AE
Independent Examiner	Peter Winter MA FCCA FCIE
	Chartered Certified Accountant
	20 Hallam Grange Road
	Sheffield
	S10 4BJ

KIDZ KONNEKT

(A company limited by guarantee)

Trustees' Report for the year ended 31 March 2023

The Trustees, who are also directors for the purpose of company law, present their report and the financial statements for the year ended 31 March 2023.

The strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013, is not required as the company qualifies as a small company.

Structure, governance and management

Governing Document

Kidz Konnekt was established on 18 August 2009 under a Memorandum of Association and is governed by its Articles of Association, as amended by special resolution dated 21 July 2016. It is a charitable company limited by guarantee and members of the company are each required to contribute an amount not exceeding £1 should the company be wound up while remaining a member. or within one year after ceasing to be a member The company is a registered charity in England and Wales.

Appointment of the Executive Committee

The Trustees are collectively known under the company's Articles as the Executive Committee, 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. Trustees have the power to appoint new trustees until confirmed at the next AGM. At each AGM one third of the Trustees are required to resign and stand for re-election.

The Trustees, who are also directors for the purpose of company law, who served during the year and up to the date of signature of the financial statements are as follows:

Mrs Emma Lonsdale Mrs Karen McGarrity Mr Ian Williams Mr Nigel Horne (from 29 June 2023)

None of the trustees has any beneficial interest in the company.

Trustee induction and training

New trustees will meet with existing trustees prior to recommendation for appointment, during which time they will have explained to them the vision and strategy of the charity. New Trustees are provided with the Charity Commission's publications for intending trustees.

Each Trustee is required to meet specifications concerning eligibility, personal competence, specialist skills and local availability. New trustees are inducted into the working environment of the charity.

Organisation

The members of the Executive Committee are responsible for setting the strategic objectives and establishing policy.

Risk Management

The Executive Committee has reviewed the exposure to the major strategic busimness and operational risks faced by the charity. The Executive Committee has continued to reorganise and streamline all processes of the charity. This has involved optimising staffing levels, strengthening existing budgetary controls and introducing management processes to ensure the long-term financial viability of the charity.

Page 1

KIDZ KONNEKT

(A company limited by guarantee)

Trustees' Report for the year ended 31 March 2023

Objectives and Activities for the Public Benefit

Policies and objectives

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.

Public Benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on Public Benefit when reviewing the charity's aims and objectives and in planning future activities and policy for the year.

Review of Activities and Performance

Post Pandemic Kidz Konnekt have been working on a new strategy for the structure of its Youth Service/s. There have been many changes to Children's and Young People's needs and wants, expressed through on-going projects and interventions and information gathered during and after the Covid lockdown have influenced us to embark on a new strategy called Re-Konnekt.

The aim of the re-structure was to offer young people a wide range of services that reflected the needs of our community of young people. The organisation's objectives had then been based around the development of Teams of professionals who can support young people to Re-connect with Themselves, Re-connect with Others, Re-connect with the Outdoors & Nature, Re-connect with Physical Activity, Re-connect with the Arts and support Re-connection with Education.

At the centre of this process in late 2021 we achieved some new funding from the Woodsmith Foundation to set up a new Emotional Health and Wellbeing project and pilot a 2yr scheme. We have then placed all other Youth Services around this nucleus to create a holistic wrap around service.

Kidz Konnekt's new bespoke Youth Service is made up of multiple teams providing a wide range of activities under one roof. We have the Emotional Health & Wellbeing Team, Outdoor Education & Activities Team, Generic Open Door Youth Service, Sport & Physical Activities Project, Art & Music project, Young Leaders program and we are working in partnership with local schools to support young people's engagement in education.

Financial Review

The trustees report a deficit of £65,406 (2022: Surplus £10,475) for the year under review. Unrestricted reserves amount to £26,539 (2022: £72,718) at the year-end.

Page 2

KIDZ KONNEKT

(A company limited by guarantee)

Trustees' Report for the year ended 31 March 2023

Investment powers and policy

In accordance with the charity's Memorandum and Articles of Association, the trustees have the power to borrow and invest in any way they so wish. The Executive Committee considers it is appropriate for the funds of the charity to be retained in the charity's bank account to meet the daily requirements of the charity. The trustees do not consider there are funds in excess of the daily requirements for investment.

Reserves Policy

It is the policy of the charity to maintain unrestricted funds which are free reserves of the charity which can be used in furtherance of its objectives. This provides sufficient funds to cover the management, administration and support costs for at least three months and to respond to other projects which the charity may wish to support in the future. The free reserves of the charity are its unrestricted funds excluding those in the form of fixed costs. Free reserves at 31 March 2023 are £11,639 compared to £72,718 at the end of the previous year. The free reserves at the year end were not sufficient to meet the policy of the charity and the Executive Committee is actively considering ways to remedy the situation.

Plans for the future

Next year we want to extend further the youth services we provide with the creation of a new Emotional Health and Wellbeing Project. We are looking to develop the resources of the Centre and be able to provide more activities from the hub. The further development of the Konnekt Outdoors project will see a development into an enterprise initiatiive to support sustainablity in the future.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate committed external funding to continue in operational existence for the twelve months following the approval of this report. In view of this expectation, the trustees continue to adopt the going concern basis for preparing the financial statements.

Statement of trustees' responsibilities

The trustees (who are also directors of Kidz Konnekt for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and apply them consistently;

• make judgements and estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and 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.

Page 3

KIDZ KONNEKT

(A company limited by guarantee)

Trustees' Report for the year ended 31 March 2023

Independent Examiner

Peter Winter MA FCCA FCIE was appointed Independent Examiner during the year and the Trustees recommend that he remain in office until further notice.

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

This report was approved by the Executive Committee on 30 September 2023 and signed on its behalf by:

..................................................................................

Karen McGarrity

Trustee on behalf of the Executive Committee of Kidz Konnekt.

Page 4

KIDZ KONNEKT

(A company limited by guarantee)

Independent Examiner's Report

I report to the charity Trustees on my examination of the unaudited financial statements of Kidz Konnekt for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors of the company 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 the Company are not required to be audited for this year 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 material matters have come to my attention which gives me cause to believe that:

• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

• the accounts do not accord with such records; or

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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

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.

..................................................

Peter Winter MA FCCA FCIE Chartered Certified Accountant 20 Hallam Grange Road Fulwood Sheffield S10 4BJ

30 September 2023

Page 5

KIDZ KONNEKT

(A company limited by guarantee)

Statement of Financial Activities (incorporating Income and Expenditure Account) for the year ended 31 March 2023

Notes Unrestricted Restricted Funds Funds Income and Endowments from: Donations and legacies 5 1,343 - Investments - - Charitable activities 6 102,304 108,006 Other incoming resources: Gain on asset sales - - Total incoming resources 103,647 108,006 Resources Expended Charitable activities 7 168,997 107,387 Governance Costs 8 675 - Total Resources Expended 169,672 107,387 Net Incoming/(Outgoing) Resources for the year ) (66,025 619 Funds at 1 April 2022 72,718 16,231 Prior year adjustment 10 19,846 - Funds at 31 March 2023 26,539 16,850	2023 Total 1,343 - 210,310 - 211,653 276,384 675 277,059 ) (65,406 88,949 19,846 43,389	2022 Total 505 - 358,619 -
		359,124
		348,349 300
		348,649
		10,475 78,474 -
		88,949

The Statement of Financial Activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The Statement of Financial Activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 8 to 17 form an integral part of these financial statements.

Page 6

KIDZ KONNEKT

(A company limited by guarantee)

Balance sheet as at 31 March 2023

		2023	2023		2022	2022
	Notes	£		£	£		£
Fixed assets
Tangible assets	11			14,900			-
Current assets
Debtors	12	11,585			-
Cash at bank and in hand		17,579			89,249
		29,164			89,249
Current Liabilities
Creditors and accruals	13	(675	)		(300	)
Net current assets				28,489			88,949
Total assets less current liabilities				43,389			88,949
Net assets				43,389			88,949
The funds of the charity
Restricted Funds	14			16,850			16,231
Unrestricted Funds	14			26,539			72,718
Total charity funds				43,389			88,949

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

For the year ended 31 March 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The trustees have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements were approved by the Board on 30 September 2023 and signed on its behalf by

....................................................

Mrs Karen McGarrity Trustee

Company Registration Number: 06993614

The notes on pages 8 to 17 form an integral part of these financial statements.

Page 7

KIDZ KONNEKT

(A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

1 Basis of Preparation

1.1 Basis of accounting

These financial statements have been prepared on the basis of historic cost in accordance with:

• a) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

• b) The Charities Act 2011

• c) The Companies Act 2006

• d) Kidz Konnekt meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

• e) The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

2 Accounting Policies

2.1 Form of Financial Statements

• a) Unrestricted funds

• b) Restricted funds

• Funds that are available for use at the discretion of the Executive Committee in furtherance of the general objectives of the charity, unless the funds have been designated for other purposes.

• Funds are subject to specific conditions on their expenditure imposed by the donor or through the terms of an appeal. The purposes and uses of the restricted funds are set out in the notes to the financial accounts.

2.2 Incoming resources

• a) Income is recognised when the charity is is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably and it is probable that income will be received.

• b) Where incoming resources have related expenditure (as with fundraising), the incoming resources and related expenditure are reported gross in the SOFA

• c) Bank interest is recognised when it is credited to the account.

• d) Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Grants related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

• e) Donated facilities and services are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.

Page 8

KIDZ KONNEKT (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

2.3 Expenditure & Liabilities

• a) Expenditure is recognised on an accruals basis.

• b) Liabilities are recognised as soon as there is a legal or constructive obligation to pay out resources.

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

• d) Governance costs include the costs of preparation and examination of the statutory accounts, the cost of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

2.4 Tangible fixed assets and depreciation

• a) The cost of tangible fixed assets is their purchase cost, together with any incidental expenses of acquisition, or if gifted, their value on receipt. Items of equipment are only capitalised where the purchase price exceeds £1,000 and they can be used for more than one year.

• b) Depreciation is provided on all tangible assets, at rates calculated to write off the cost or valuation of each asset, over its expected useful life, the annual rates are as follows: -

• Fixtures, fittings and equipment 25% Straight Line on cost Motor vehicles - 25% Straight Line on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the net book value of the asset and is recognised in net income/(expenditure) for the year.

2.5 Taxation

The charity is not liable to income or corporation tax on its charitable activities. Expenditure includes input VAT as the charity is not registered for VAT.

2.6. Critical accounting estimates and judgements

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

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

Page 9

KIDZ KONNEKT (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

2.7. Financial instruments

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

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilitiies if payment is due within one year or less. If not, they are presented as non-current liabilitiies. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.8 Impairment losses

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

3 Trustees' remuneration and related party transactions

• a) No remuneration was paid to any trustee in their capacity as a trustee.

• b) During the year under review, the costs of certain small items of equipment, stationery and other expenses were paid for by trustees using their own funds on behalf of the charity and subsequently reimbursed. The costs are disclosed in the accounts but it is not a requirement to disclose separately the reimbursed amounts.

• c) One of the trustees, Mrs Emma Lonsdale is related to an employee by marriage. The employee has entered into an employment contract with the charity to provide his services at a rate of remuneration at a level which is no more than reasonable in relation to the value of the services. Such a contract is allowable under Article 6 of the company's Memorandum. Apart from this transaction, no trustee or other person connected to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

Page 10

KIDZ KONNEKT

(A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

4 Limited by Guarantee

The charity is limited by guarantee and each member is required to contribute a sum not exceeding £1 should the company be wound up while they are a member, or within a year after they cease to be a member.

5 Donations and legacies

Donations and legacies
	Unrestricted		Restricted		2023		2022
	Funds		Funds		Total		Total
	£			£		£		£
Donations		1,343		-		1,343		505
				-		-		-
				-		-		-
		1,343		-		1,343		505
Prior year analysis:		505		-				505

Page 11

KIDZ KONNEKT (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

6 Incoming resources from charitable activities

Incoming resources from charitable activities
	Unrestricted		Restricted	2023	2022
	Funds		Funds	Total	Total
	£		£	£	£
Tees Valley Community Foundation		-	12,138	12,138	-
Children in Need		-	10,500	10,500	49,870
Children in Need from Oct 2019		-	-	-	10,000
Sport England		-	7,968	7,968	18,619
Lottery from April 2019		-	25,000	25,000	83,333
The Ballinger Charitable Trust		-	15,000	15,000	15,000
Sirius Foundation		-	37,400	37,400	4,000
Teesside University		10,863	-	10,863	-
Holiday Activities Fund (HAF)		16,237	-	16,237	15,944
School Work		46,914	-	46,914	17,753
YSCF - Post Covid Support		-	-	-	33,630
You've Got This Offer		27,690	-	27,690	95,542
Groundworks Teesvalley Pathways		600	-	600	-
Greggs Foundation		-	-	-	14,928
Total incoming resources from charitable activities		102,304	108,006	210,310	358,619
Prior year analysis:		185,993	173,131		358,619

All income is derived from activities within the United Kingdom.

Grants are awarded to the charity on the basis of agreements containing conditions as to the purposes for which funds may be expended. Where such conditions are not met, it is possible that grants may become repayable to the funding organisations. The trustees believe that all specified conditions have been met and no grants will be repayable except as otherwise provided for in these financial statements.

Page 12

KIDZ KONNEKT (A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

		Unrestricted	Unrestricted		Restricted	Restricted	Restricted		2023	2023		2022
		Funds			Funds				Total			Total
7	Charitable activities:		£			£				£		£
	Wages and salaries		84,559			81,698				166,257		199,146
	Employer's NI contributions		6,684				-			6,684		10,603
	Employer pension contributions		4,225				-			4,225		3,492
	Sessional staff		5,855				-			5,855		-
	Volunteer Expenses		40				-			40		27
	Travelling and subsistence		12,254				2,717			14,971		23,933
	Centre Activities		9,116				2,508			11,624		42,286
	Advertising		1,203				125			1,328		-
	Insurance		1,192				-			1,192		2,880
	Website Design and software		13,612				6,138			19,750		-
	Miscellaneous Expenses		-				-			-		19,846
	Repairs and renewals		-				-			-		2,330
	Depreciation on motor vehicles		4,946				-			4,946		-
	Small items of equipment		14,655				-			14,655		21,864
	Support costs
	Staff training		1,535				125			1,660		2,416
	Office costs		6,101				1,826			7,927		6,838
	Premises Expenses		2,000				6,000			8,000		8,666
	Management expenses		1,020				6,250			7,270		4,022
			168,997			107,387				276,384		348,349
	Prior year analysis:		174,023			174,626						348,349
8	Governance Costs
		Unrestricted			Restricted					Total		Total
		Funds			Funds					2023		2022
			£				£			£		£
	Independent Examiner's fees		675					-		675		300

Page 13

KIDZ KONNEKT

(A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

9 Employees

Number of employees

Number of employees The charity employed 8 part-time and 5 full-time employees during the year under review. Average number of employees Employment costs Wages and salaries Social security costs Employer's pension contributions Social security costs include the following: Gross Employer NIC Employment Allowance	2023 9 2023 £ 166,257 6,684 4,225 177,166 2023 £ 11,684 ) (5,000 6,684	2022 9 2022 £ 199,146 10,603 3,492 213,241 2022 £ 14,603 ) (4,000 10,603

No employee received remuneration above £60,000.

The charity operates a defined contributions pension scheme for its employees under the NEST scheme. Employer's contributions are currently at a rate of 3% of gross salaries.

10. Prior year adjustments

A Ford Transit Minibus costing £19,846 was bought in the previous year. The cost was incorrectly treated as a revenue expense. The vehicle should have been capitalised and depreciated over 4 years.

Page 14

KIDZ KONNEKT

(A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued 11. Tangible fixed assets Motor vehicles Total £ £ Cost At 1 April 2022 - - Additions 19,846 19,846 Disposals - - At 31 March 2023 19,846 19,846 Depreciation At 1 April 2022 - - Charge for the year 4,946 4,946 At 31 March 2023 4,946 4,946 Net book values At 31 March 2023 14,900 14,900 At 31 March 2022 - - 12 Debtors and Prepayments 2023 Debtors £ Debtors - amounts due to Kidz Konnekt 11,585 Prepayments - 11,585 13 Creditors: amounts falling due 2023 within one year £ Independent Examiner 675 675	2022 £ - -
	-
	2022 £ 300 300

Page 15

KIDZ KONNEKT

(A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

14 Restricted Funds

Restricted Funds
Awards 4 All - Sport England Ballinger Charitable Trust National Lottery Community Fund Children in Need from Oct 19 Greggs Charitable Foundation Sirius Foundation Tees Valley Community Fund	1 April Incoming Outgoing 31 March 2022 Resources Resources Transfers 2023 £ £ £ £ £ - 7,968 ) (7,968 - - 6,250 15,000 ) (21,250 - - - 25,000 ) (25,000 - - 5,005 10,500 ) (10,255 - 5,250 4,976 - ) (4,976 - - - 37,400 ) (28,050 - 9,350 - 12,138 ) (9,888 - 2,250 16,231 108,006 ) (107,387 - 16,850
		16,850

The grant from Awards for All - Sport England supports projects that are built from local experience and bring together local communities. The grant helps the charity to make the most of local facilities and equipment.

The grant of £15,000 from the Ballinger Charitable Trust is part of a three year grant of £45,000 spread evenly over three years. The funding is to be used to pay for three sessional youth workers to run the youth programme at Eston Leisure Centre.

The National Lottery Community Fund grant of £25,000 is the final stage payment of a grant of £274,998 from the Reaching Communities programme. The Fund supports a programme of activities for the period 22 April 2019 to 22 April 2022. The grant was paid in three instalments of £83,333 and a final instalment of £25,000.

The grant of £10,500 from the BBC Children in Need is part of a grant of £30,000 for a three year project beginning in October 2019. The project delivers afterschool youth activities and summer activities and trips for young people living in the deprived area of South Bank, North Yorkshire. The activities will result in children feeling empowered, having increased fitness and emotional wellbeing.

Sirius Minerals Foundation provided a two year grant of £74,400, payable in two instalments of £37,400 and £37,000 respectively. The grant supports the charity's 'Re-Konnekt' project over a period of two years from 1 April 2022 to 31 March 2024.

Tees Valley Community Foundation supports community funding and project grants. The amount received is a revenue support grant following a successful application for a community project grant.

15 Capital commitments

The trustees confirm there are no capital commitments at 31 March 2023

Page 16

KIDZ KONNEKT

(A company limited by guarantee)

Notes to the financial statements for the year ended 31 March 2023

.................... continued

16 Contingent liabilities

The trustees confirm there are no contingent liabilities at 31 March 2023.

17 Post balance sheet events

The trustees confirm there are no events occurring between 31 March 2023 and the date of approval of these accounts that require disclosure in these accounts.

Page 17