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 2025
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 - 18 |
KIDZ KONNEKT (A company limited by guarantee)
Legal and Administrative Information
| Company number | 06993614 |
|---|---|
| Charity Registration | 1138691 |
| Start of financial year | 1 April 2024 |
| End of financial year | 31 March 2025 |
| Council of Management: | |
| Trustees and Directors:- | Mrs Emma Lonsdale |
| Mrs Karen McGarrity | |
| Mr Ian Williams | |
| Mr Nigel Horne | |
| 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 2025
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 2025.
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
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 business and operational risks faced by the charity. The Executive Committee believes it has in place adequate systems to monitor and control health and safety issues as they arise. 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 2025
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:
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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.
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b. Advancing education
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c. Relieving unemployment
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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
Kidz Konnekt have been working on delivering a new strategy and re-structure of its Youth Service/s for the last two years and we have successfully piloted a range of new services to young people. There were many changes to Children's and Young People's needs and wants pre and post Covid, expressed through on-going projects and interventions and through information gathered during and after the Covid lockdown that had influenced us to embark on a strategy called "Re-Konnekt". We have been successfully running the new strategy for two years and it has really developed the positive outcomes for young people and improved the organisation.
The aim of the re-structure was to offer young people a wide range of services that reflected the changing needs of local young people. The organisation's objectives have 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.
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 and the enrichment of education.
This year we have also become a registered Duke of Edinburgh Centre bringing the opportunity to complete DofE with all the support young people require.
Financial Review
Full details of income and expenditure are set out in the Statement of Financial Activities on page 6. The trustees report a surplus of £29,626 (2024: Surplus £22,595) for the year under review. Unrestricted reserves amount to £70,144 (2024: £34,482) at the year-end. Details of restricted funds are provided in Note 15.
Page 2
KIDZ KONNEKT
(A company limited by guarantee)
Trustees' Report for the year ended 31 March 2025
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. There were no free reserves at 31 March 2025 compared to £24,482 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 initiative to support sustainability 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:
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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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 2025
Independent Examiner
Peter Winter MA FCCA FCIE was reappointed Independent Examiner during the year and the Trustees recommend that he remains 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 14 November 2025 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 to the Trustees of Kidz Konnekt
I report to the charity Trustees on my examination of the unaudited financial statements of Kidz Konnekt for the year ended 31 March 2025.
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
Since the charity's gross incme exceeded £250,000, your examiner must be a member of a body listed in Section 145, Companies Act 2011. I confirm that I am qualified to undertake the examination because I am a Fellow of both the Association of Chartered Certified Accountants (ACCA) and Association of Charity Independent Examiners (ACIE), which are two of the listed bodies.
I have completed my examination, I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
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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
14 November 2025
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Page 5
KIDZ KONNEKT
(A company limited by guarantee)
Statement of Financial Activities (incorporating Income and Expenditure Account) for the year ended 31 March 2025
| Notes | Unrestricted | Restricted | 2025 | **Unrestricted ** | Restricted | 2024 | ||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | Funds | Total | |||
| Income: | £ | £ | £ | £ | £ | £ | ||
| Donations and legacies | 5 | 1,870 | - | 1,870 | 17,328 | - | 17,328 | |
| Investments | - | - | - | - | - | - | ||
| Charitable activities | 6 | 139,653 | 160,960 | 300,613 | 71,618 | 167,000 | 238,618 | |
| Other incoming resources | - | - | - | - | - | - | ||
| Total income | 141,523 | 160,960 | 302,483 | 88,946 | 167,000 | 255,946 | ||
| Resources Expended | ||||||||
| Charitable activities | 7 | 125,011 | 146,996 | 272,007 | 80,308 | 152,348 | 232,656 | |
| Governance Costs | 8 | 850 | - | 850 | 695 | - | 695 | |
| Total expenditure | 125,861 | 146,996 | 272,857 | 81,003 | 152,348 | 233,351 | ||
| Net Income/(Expenditure) | 15,662 | 13,964 | 29,626 | 7,943 | 14,652 | 22,595 | ||
| Transfer | 20,000 | (20,000 | ) | - | - | - | - | |
| 35,662 | (6,036 | ) | 29,626 | 7,943 | 14,652 | 22,595 | ||
| Funds at 1 April 2024 | 34,482 | 31,502 | 65,984 | 26,539 | 16,850 | 43,389 | ||
| Funds at 31 March 2025 | 70,144 | 25,466 | 95,610 | 34,482 | 31,502 | 65,984 |
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 18 form an integral part of these financial statements.
Page 6
KIDZ KONNEKT
(A company limited by guarantee)
Balance sheet as at 31 March 2025
| 2025 | 2025 | 2024 | 2024 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |||||
| Fixed assets | |||||||||
| Tangible assets | 10 | 74,756 | 10,000 | ||||||
| Current assets | |||||||||
| Debtors | 11 | 1,999 | 2,380 | ||||||
| Cash at bank and in hand | 100,653 | 54,299 | |||||||
| 102,652 | 56,679 | ||||||||
| Current Liabilities | |||||||||
| Creditors and accruals | 12 | (22,270 | ) | (695 | ) | ||||
| Net current assets | 80,382 | 55,984 | |||||||
| Total assets less current liabilities | 155,138 | 65,984 | |||||||
| Creditors: amounts falling due | |||||||||
| after more than one year | 13 | (59,528 | ) | - | |||||
| Net assets | 95,610 | 65,984 | |||||||
| The funds of the charity | |||||||||
| Restricted Funds | 15 | 25,466 | 31,502 | ||||||
| Unrestricted Funds | 70,144 | 34,482 | |||||||
| Total charity funds | 95,610 | 65,984 |
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 2025 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 14 November 2025 and signed on its behalf by:
....................................................
Mrs Karen McGarrity Trustee
Company Registration Number: 06993614
The notes on pages 8 to 18 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 2025
1 Basis of Preparation
1.1 Basis of accounting
These financial statements have been prepared on the basis of historic cost in accordance with:
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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).
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b) The Charities Act 2011
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c) The Companies Act 2006
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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.
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e) The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
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1.2. Leasing
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Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 Accounting Policies
2.1 Form of Financial Statements
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a) Unrestricted 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.
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b) Restricted funds
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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
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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.
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b) Where incoming resources have related expenditure (as with fundraising), the incoming resources and related expenditure are reported gross in the SOFA
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c) Bank interest is recognised when it is credited to the account.
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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.
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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 2025
.................... continued
2.3 Expenditure & Liabilities
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a) Expenditure is recognised on an accruals basis.
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b) Liabilities are recognised as soon as there is a legal or constructive obligation to pay out resources.
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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.
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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
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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.
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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:
Depreciation on leasehold premises is charged when the asset is available for use.
- Fixtures, fittings and equipment 25% Straight Line on cost Motor vehicles - 25% Straight Line on cost
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 2025
.................... 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).
Page 10
KIDZ KONNEKT (A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
.................... continued
3 Trustees' remuneration and related party transactions
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a) No remuneration was paid to any trustee in their capacity as a trustee.
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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.
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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. Before entering into such a contract, the Trustees have decided they are satisfied it would be in the best interests of the Charity and likely to promote the success of the Charity, for the services to be provided by the relevant person. Apart from this transaction and the matter detailed in (d) below, 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.
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(d) During the year, the charity bought a bicycle for £1,999 for the use of an employee who is related to Mrs Emma Lonsdale. The employee is purchasing this bicycle from the charity over a period of two years beginning April 2025.
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
| Unrestricted Restricted Funds Funds £ £ Donations 1,870 - 1,870 - |
2025 Unrestricted Restricted Total Funds Funds £ £ £ 1,870 17,328 - 1,870 17,328 - |
2024 Total £ 17,328 |
|---|---|---|
| 17,328 |
Page 11
KIDZ KONNEKT (A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
.................... continued
6 Incoming resources from charitable activities
| Incoming resources from charitable activities |
Incoming resources from charitable activities |
|||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2025 | Unrestricted | Restricted | 2024 | |
| Funds | Funds | Total | Funds | Funds | Total | |
| £ | £ | £ | £ | £ | £ | |
| The Ballinger Charitable Trust | 20,000 | - | 20,000 | 20,000 | - | 20,000 |
| The National Lottery Community Fund: | ||||||
| Reaching Communities/Partnership | ||||||
| Programme | - | 50,000 | 50,000 | - | 50,000 | 50,000 |
| The National Lottery Community Fund: | ||||||
| Reaching Communities/Partnership | ||||||
| Programme | - | - | - | - | 20,000 | 20,000 |
| Greggs Foundation | - | 20,000 | 20,000 | - | - | - |
| Keyfund Grant | 56,000 | - | 56,000 | - | - | - |
| Konnekt Outdoors | 19,631 | - | 19,631 | - | - | - |
| The Henry Smith Charity | - | 60,000 | 60,000 | - | 60,000 | 60,000 |
| Middlesbrough CC: HAF | 10,982 | - | 10,982 | 23,254 | - | 23,254 |
| Local project | 1,000 | - | 1,000 | - | - | - |
| School Work | - | - | - | 28,364 | - | 28,364 |
| Sport England | 15,000 | - | 15,000 | - | - | - |
| Tees Valley Community Foundation | - | 960 | 960 | - | - | - |
| Woodsmith | - | 30,000 | 30,000 | - | 37,000 | 37,000 |
| UK Youth | 17,040 | - | 17,040 | - | - | - |
| Total incoming resources | 139,653 | 160,960 | 300,613 | 71,618 | 167,000 | 238,618 |
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 2025
.................... continued
| Unrestricted | Unrestricted | Restricted | Restricted | **2025 ** | Unrestricted | Unrestricted | Restricted | Restricted | 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Funds | Funds | Total | ||||||||||||
| 7 | Charitable activities: | £ | £ | £ | £ | £ | £ | ||||||||||
| Wages and salaries | 52,009 | 128,300 | 180,309 | 25,625 | 117,474 | 143,099 | |||||||||||
| Employer's NI contributions | 4,454 | 3,950 | 8,404 | 1,168 | 5,354 | 6,522 | |||||||||||
| Employer pension contributions | 1,940 | 1,750 | 3,690 | 691 | 3,167 | 3,858 | |||||||||||
| Sessional staff | 1,858 | - | 1,858 | 2,890 | 13,255 | 16,145 | |||||||||||
| Volunteer Expenses | 137 | - | 137 | 483 | - | 483 | |||||||||||
| Travelling and subsistence | 4,727 | - | 4,727 | 6,032 | 3,621 | 9,653 | |||||||||||
| Centre activities and events | 19,642 | 4,692 | 24,334 | 18,152 | 1,173 | 19,325 | |||||||||||
| Repairs and renewals | 1,587 | - | 1,587 | 1,442 | - | 1,442 | |||||||||||
| Depreciation on motor | 4,960 | - | 4,960 | 4,900 | - | 4,900 | |||||||||||
| vehicles | |||||||||||||||||
| Subscriptions | 383 | - | 383 | - | - | - | |||||||||||
| Minibus expenses | 2,486 | - | 2,486 | 1,682 | - | 1,682 | |||||||||||
| Keyfund loan interest | 6,503 | - | 6,503 | - | - | - | |||||||||||
| Support costs | |||||||||||||||||
| Advertising | 868 | - | 868 | 930 | - | 930 | |||||||||||
| Insurance | 7,530 | - | 7,530 | 2,378 | - | 2,378 | |||||||||||
| Staff training | 666 | - | 666 | 613 | - | 613 | |||||||||||
| Office costs | 7,394 | 300 | 7,694 | 6,313 | 300 | 6,613 | |||||||||||
| Premises rent | 2,800 | 6,000 | 8,800 | 2,800 | 6,000 | 8,800 | |||||||||||
| Management, incl legal fees | 5,067 | 2,004 | 7,071 | 4,209 | 2,004 | 6,213 | |||||||||||
| 125,011 | 146,996 | 272,007 | 80,308 | 152,348 | 232,656 | ||||||||||||
| 8 | Governance Costs | ||||||||||||||||
| Unrestricted | Restricted | Total | Total | ||||||||||||||
| Funds | Funds | 2025 | 2024 | ||||||||||||||
| £ | £ | £ | £ | ||||||||||||||
| Independent Examiner's fees | 850 | - | 850 | 695 |
Page 13
KIDZ KONNEKT
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
.................... continued
9 Employees
Number of employees
| Number of employees The charity employed 8 part-time and 4 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 No employee received remuneration above £60,000. |
2025 8 2025 £ 180,309 8,404 3,690 192,403 2025 £ 13,404 ) (5,000 8,404 |
2024 9 2024 £ 143,099 6,522 3,858 153,479 2024 £ 11,522 ) (5,000 6,522 |
|---|---|---|
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.
Key Management comprises the trustees, the Youth Development Manager and the Senior Manager. The trustees receive no remuneration or any other benefits for their services, which are provided on a voluntary basis. (2024: £Nil).
Total key management personnel remuneration, including employer's national insurance and employer's pension contributions, in the year amounted to £77,943.
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KIDZ KONNEKT (A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
| .................... continued Fixtures, 10. Tangible fixed assets fittings and equipment £ Cost At 1 April 2024 - Additions 69,716 Disposals - At 31 March 2025 69,716 Depreciation At 1 April 2024 - Charge for the year - At 31 March 2025 - Net book values At 31 March 2025 69,716 At 31 March 2024 - 11. Debtors Trade debtors Other debtors 12. Creditors: amounts falling due within one year Keyfund Loan 1 Keyfund Loan 2 Independent Examiner |
||
|---|---|---|
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KIDZ KONNEKT
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
.................... continued
| 13 Creditors: amounts falling due after more than one year Keyfund loans (1 and 2) Loans Repayable between one and two years Repayable between two and five years |
2025 £ 59,528 21,420 38,108 59,528 |
2024 £ - |
|---|---|---|
| - - |
||
| - |
The Keyfund loans are repayable over five years from September 2024. The loans are unsecured and the effective interest rates are 7.375% and 8.337% respectively.
14 Analysis of changes in net assets between funds
| Unrestricted Restricted Funds Funds 2025 2025 £ £ Tangible fixed assets 74,756 - Current assets 77,186 25,466 Current liabilities ) (22,270 - Long term liabilities ) (59,528 - Net assets 70,144 25,466 |
Unrestricted Restricted Total Funds Funds 2025 2024 2024 £ £ £ 74,756 10,000 - 102,652 25,177 31,502 ) (22,270 ) (695 - ) (59,528 - - 95,610 34,482 31,502 |
Total 2024 £ 10,000 56,679 ) (695 - 65,984 |
|---|---|---|
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KIDZ KONNEKT (A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
.................... continued
15 Restricted Funds
| Restricted Funds | ||
|---|---|---|
| The National Lottery Community Fund: Reaching Communities/Partnerships Programme The National Lottery Community Fund: Reaching Communities/Partnerships Programme Greggs Charitable Foundation Henry Smith Charity Woodsmith Tees Valley Community Fund |
1 April Incoming Outgoing 31 March 2024 Resources Resources Transfers 2025 £ £ £ £ £ - 50,000 ) (50,000 - 20,000 - - ) (20,000 - 20,000 - - 20,000 - 60,000 ) (60,000 - - 9,252 30,000 ) (36,996 - 2,256 2,250 960 - - 3,210 31,502 160,960 ) (146,996 ) (20,000 25,466 |
|
| 25,466 |
The National Lottery Community Fund: Reaching Communities/Partnerships Programme grant of £50,000 is part of a total grant of £150,000, spread over a three year period from November 2022 to October 2025. The funding will support Kidz Konnekt to deliver the Re-Konnekt project across South Bank, Grangetown and Great Eston areas of Tees Valley. The funding will help the charity to offer a wide range of Children and Young People's Youth Services, encouraging positive activities and providing facilities and resources.
The National Lottery Community Fund: Reaching Communities/Partnerships Programme capital grant of £20,000 has been used towards the installation of safety fencing around a piece of land adjoining the charity's Youth and Community Centre. This installation has enabled the charity to develop the land into an outdoor learning and activity space. This is providing young people with a range of outdoor learning activities and events to help improve their health and wellbeing.
The grant from The Greggs Foundation is to be used towards the cost of employing a youth and community centre manager for two years from April 2025.
The grant of £60,000 from the Henry Smith Charity is part of a Strengthening Communities grant of £180,000 for charities providing support for children and young people from disadvantaged communities in Middlesbrough. The grant supports the running costs of the charity over a three year period beginning in May 2023.
Woodsmith provided a grant of £30,000 to support the charity's 'Re-Konnekt' project.
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.
16 Capital commitments
The trustees confirm there are no capital commitments at 31 March 2025.
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KIDZ KONNEKT
(A company limited by guarantee)
Notes to the financial statements for the year ended 31 March 2025
.................... continued
17 Contingent liabilities
The trustees confirm there are no contingent liabilities at 31 March 2025.
18 Post balance sheet events
The trustees confirm there are no events occurring between 31 March 2025 and the date of approval that require disclosure in these accounts.
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