KINGSMEADOW @ MADEFOREVER LTD FINANCIAL STATEMENTS PERIOD ENDED 31" March 2021 Company Registration Number 8126468 Charity Number 1148905 •AAIZJf18 2311212021 COMPAJ41ES HOUSE
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KINGSMEADOW @ MADEFOREVER LTD FINANCIAL STATEMENTS YEAR ENDED 315t March 2021 Contents Pages Reference and administrative infomation Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities 3to10 11 12 Balance sheet 13 Notes to the financial statements 14to23
KINGSMEADOW @ MADEFOREVER LTD REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31st March 2021 The Trustees have pleasure in presenting their report and financial slalemenls of the Charily for the period ended 31 Y March 2021. The Trustees (who are directors for the purpose of company law) who served during the year and siTr¢e the year end were a5 follows-. Lucie Martin-Jones Martin Farmer Catherine Hopkins Helen Falmer Christopher Hounslow Beatrice Anayo Maureen Dark Margie Cooke Re istered offlce (Appointed 11 October 2021) Fisher Road. Kingswood, Bristg18S15 4RQ Inde ndenl Examiner Joanna Roderick ACA. WJ James & Co, Bishop House, 10 Wheat Street, Brecon. Powys LD3 7DG Bankers Nab'onal Weslminster Bank PIC 90 Slreet. Kingswood. Bristol BSI 5 8HS
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 311t March 2021 Note from the Chalr After another challenging year for our communty and auoss the globe, we afe pleased to present our annual report which captures the response of Kingsmeadow staff. volunteer5, and communty members deswle of and in response to adversty- We, the board. are exceptionally proud of all that has been achieved within the hub and of the Tole that Kingsmeadow @ MadeFofever has played in supporting and empowering our local communty to navigate the COVIO-19 pandemiG. Following a very uncertain start of the year for Kingsmeadow, we found our feet as an oToanisation in the pandemic and became mole crucial than ever. From distributing food parcels and emergency support to our community to providing a listening ear or safe space to meet up for people experiencing isolation. poor merrtal health and even boredom. Through sheer determination of our staff. we have received signifiGant fvnding from the Lottery Community Fund which not only enabled us to provide an effective response to C-19 but also has now given us a &year foundation on which to continue to build the Community Hub and the fantastic services we offer as well as developing our community cafè and business model to sustain the organisation. We also thank the other funders and contributors who have sUPPOrted the organisation to achieve our objectives and meet the needs of our commtsnity- To the organisations and individuals who continue to support us through room hire. events and the use ofthe café we are truly grateful. We have received an exceptional amount ofdonab.ons for our foodbank. community shop and garden all of which enable us to deliver our Essential Support Service to those most in need within our community. We Gontinue to be focused on bottom-up community developrnent and helping our community realise their aspiralions for the Community Hub for exarnp. the multiple Heallh and Wellbein9 Support groups which have flourished in the last year. We are exceptionally proud of our Volunteer Development Service which is al the heart of the organisation providing opportunities for our communrty to gain practieal and personal skills thTOU9h volunteering opportunrties. In the last year we have WOTked wth 108 volunteers. If the last year can give u5 anything to take with us into the new year it will be the true resilience. tenacity and love that is within our communty. The support we have shown each other and the importance of communty spaces such as Kingsmeadow @ MadeForever Community Hub has shone through what has been an overwhelmingly challenging time for all. We thank everyone who make$ K@M4E what it is and look into the future with hope and determination. Lu¢ie Martin-Jones Chair of Trustees
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT (CONTINUED) YEAR ENDED 3151 March 2021 The Trustees have pleasure in presenting their report and the financial slatements of KINGSMEADOW @ MADEFOREVER LTO (fom)efly KINGSMEADOW COMMUNITY FLATI lor the yeaT ending 31" March 2021. This report summarises K@M4E's'. History SlatLts Objects Governance and Risk Management and Volunlary services Key Stakeholders Current Projects and Activities Future projects and Activities History Over thirteen years ago. loca15y elected councillors saw the need for a physical local point to provide a resource for community activities within the Kingswood communty. This focal point was lo assisl members of the community lo delNer enhancement of others, quality of life through coordinated endeavour. To support this aim. a lease on a the flal on the Kingsmeadow Eslate (Estate) was offered by South Gloucestershire Council ISGC). who owned the Estate al that time. Ownership of Estate (and other SGC housing was subsequenlty acquired by Merlin Housing Society (now known as Bromfordl. MerlinlBromford continued to support the activrties of K@M4E staff, volunteers and trustees as well as the residents on the Estate who beeame members of K@M4E. K@M4E moved into its current premise in April 2018 fOlbvn9 a Communty Asset Transfer olthe Sile from Soulh Gloucestershire Council. Since this move. K@M4E has been working hard with the community to establish a sustainable Communty Wellbeing Hub at the Made Forever site by continuing to identify needs, developing and shaping ils sewvices and aclivilies accordingly. More people from the community have joined in this cause as they recognise the value, takin9 on different roles such volunteers. service users, partners, supporters, all working together to enhan the lives of people and the wellbeing of Ihe communty. K@M4E changed its name from lQngsmeadow Community Flat to Kingsmeadow @ MadeForever. The reason for this change is because the charity used to be based al a flat on the estate so the name Kingsmeadow CoTnmunity Flat was appfopriate. 11 has now moved to new premises, a former youth centre Called MadeForever. This name has strong links in the local community (historically linked lo melal working 'made to last forever.) and people know where it is. The trustees believe that the new name is in the best intefesls of the charity and the Community rt serves. status K@M4E is registered with the Charity Cornmission of England and Wales (Number 11489051. The Charity Commission is a national organisalion which regulates (charities such a5 K@M4E. K@M4E is a150 a ¢ompany limileo by guarantee (Number 081264681. incorporeled on 2 July 2012.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT (CONTINUED} YEAR ENDED 3111 March 2021 ObJects K@M4E's objectives are". To provide local people of all ages and background with the support. guidance and means to recognise their needs, strenglhs so that they are able to work towards achieving success in education, training and employment, Health & Wellbeing. as well as other life opportunities., To provide practical support and guidance towards employment. weMare and Information Technology.. To provide a unique emotional support facility as well as Health and Wdlbeing activFties within both K@M4E facilities and der community. Governance and Rlsk Management All Major decisions are, made by K@M4E's Board of Trustees (Board). The Board is bound by K@M4E's constitution (comprising of the Articles of Association and general applicable laws). K@M4E's constitution is available on request for anyone. Each Board member is typically elected at The Annual General Meeting of K@M4E's members. AII Board appointrnents are made hawng regard to relevant qualffication and experience. Board member5 musl be prepared to engage in training which wll help them understand K@M4E's operations and their Tole vdithin them. For example, the Board corrftrms that they have taken due regard lo the guidance of public benefit published by the Charity Commission. The Lloyds Bank Foundation enhanced programme provided governance training to K@M4E Board. This programme continues to provide guidance and consultaftcy support to the Board. In addition to operational matters, the Board retains an overseeing role. whieh includes a duty lo identify and review the risks lo which K@M4E's is exposed and lo ensure appropriate controls afe in place to provide reasonable assufance against fraud and enor. The Board meels regularly (typically monthly) to receive a financial report and the Chief Officer's report of activities in order lo understsnd whether or not K@M4E's operations. risks and finances are being managed prudently. Management and Voluntary ser¥lces Our staff team has grovm in the last year to a dedicated team of 12 (6FTE) who all contribute to the day to day running of .ngsMeadoW @ MadeForever. We have 108 volunteers who give their time to make Kingsmeadow a thriving community hub. K@M4E's setvices eould rbot continue to grow and thrtve as rt has done lor the last thirteen years without the efforts and development of the staff and volunteer leams who have consislenlty given their support. time and energy to serve the community. We are forever grateful to you all. Key Stakeholders All concerned with K@M4E's aclNities and resources share a determinats'on that its, objectives be delivered.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT (CONTINUED) YEAR ENDED 31st March 2021 A key fvnction in this delivery is met by those organisations that have given geneious financial and in-kind support - South Gloucestershire Council, Lloyds Bank Foundation. The National Lottery Community lund. Quartet Foundats"on, BrDmfoTd, Member Award Funding (MAF), Garfield Weston Foundation, A5da Foundation, 29th May 1961 Charitable Trust, United Communities and Solon. Live West. Rolary Club Kingswood. Kingswood Local Councillors. Mother's Union, Salvation Army. Juice Community Project, SGC Public Health, local businesses and individuals have also shown their support and foTged strong links with K@M4E. CURRENT SERVICES & ACTIVITIES Crisis Preventlon & Personalised support for Indlviduals & Fami1Se8 PeTsonalised Su ort.. This programme of activity provides a holistic peTson-centred 5UPPOrt. wfih a one-to-one initial needs assessrnent providing the basis for a tailored interventi¢)n support plan for the individual or families. We reach out lo our ne[larieS in ways thal our intervention is cru¢ial. life- hanging, and in some instances. lrfesaving. Our dedicaled team works with beneficiaries over a prolonged period to idenlfy $peciTic challenges. needs, baTriers and slrenglhs. and develop a targeted support plan that directly responds. The locus 15 to help our beneficiaries move forward, and nurture and support them to take control of their livès and maint8in that positNe jOUTney. Support is both emotional anrj practical. All our services and activities serve as access point for people in need of our personalised support programme. Essential Su ort servi.. Through this seNice. we source donations for items and provide Ulilty Top-ups. Clothing, Household Items. Emergency Food Par¢els. Hot meals, Hygiene Kit. baby Gare pioducls and Foodbank Vouchers to people in desperate situations and those faeing financial hardship. By alleviating immediate concems and vleS of the community we serve around food. heat, light, personal hygiene, and being able to keep themsefves and others safe especially during Ihe Covid-19 pandemic and high energy prices hitting the most vulnerable. we can Work with our beneficiaries to continue to plan longer-term support and recovery as the situation improves. Volunteer Develo ment Setvice". Volunteers are at Ihe heart of our structure. The aim of this setvi¢e is lo idenbty the individual goats of the volunteets and work with them to achieve their goals. This service also increase5 our capacity to deliver on our charitable objectives. Many of our volunteeis fiTSt engaged with vs as service users. so have INed experience of overcoming obStaCS and finding positive ways to deal wrth lrfe's challenges. This keeps us in touch wilh ourpurpose, as well as bringing a wide range of relevant skills and peTspeclive that improves our work in our community. K@M4E works with volunteeis to puttogether struclured support plans induding training, employment and life skills development. build confiden, providing opportunities to stay active and support to transitr.on back into society and their community for those who have feel isolated 35MY lonely. Activit art-u and dovelo ment su ort service- A Structured support for individuals to set-up community group activrties that will benefit themselves and other5. directly responding to their needs. We support and work with the individuals and the gioup lo plan. co-ordinale. faciir(ate and develop engaging aclniities and to woth towards self-sustainability for the group.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT (CONTINUED) YEAR ENDED 31st March 2021 Health and Wellbeing Wellbein and Su ortGrou s.. K@M4E runs a variety ofwellbeing and support groups such as Sober social,. 50+ Friendship and Exercise Club; Health Walks- Coffee Momings,- Book & Reading Club,. Mother and Baby Support group-, FibromYala1MEIchr0ni¢ Fatigue support., Knitting Club.. Crochet group: Outdoor Court sporting activities.. Dlta1 Inclusion support. All wellbeing and peer support groups are in response lo requests from local residenls and the cornmunity. Communi Garden_. Coordinated gardening and environmentsl care activities open lo individuals and groups including disabled people. Activities include landsGaping. making raised beds and gardening materials, planting. weeding. plant care, learning and Sharing gardening knowledgelskills, community dean up and cafè time. Other services also use the garden as resource br their activrties. Refurbishment and Rec elin Worksho ". This is a volunteer ted seNice where people use their skills, knowledge and crealivty to ¥efuibish or make a varbety of rtems thile they stay aetive and socialise with other people in the communty. Through this aetNrty our organisats.on provides a community se¢wice where donaled i(ems are refurbished or repurposed. The finished items a either used within the community hub's activities. given to support someone in need or sold through our Communty Charity shop. Families Chlldren and Young People Activlties We work with young people and families through a varrety of engagement acts'vities such as-. Forever Youn Peo le Meet-u .. Afterschool slrudured engagement. learning and skills development activities session5 for young people aged 6 to 16. Work lacemenls for Youn Peo le.. Structured WO [4¢ement sessions. support and supervision for young offenders, young adu$ living wih disabilrties who are transitioning from Social Cafe services lo engaging independenlty into the community and those in specialist education. We WOTk in collaboration with the South Gloucestershire Council Young Offenders and Transrtion Support Teams and National Star College. Toddlers Famil Su rt-. Coordinated and facilitated sessions for families with children from o- 5years old, providing learning. social values and skn"11s developmenl activitie5 such as gardening, reading, storytelling. arts Icrafts and fup1aY aclivilies. ort for Home Education Famifies-. K@M4E also provide the facilty and engagement activities for Home Education Families creating opportunities for families who home school their children lo $ocialise, share hleas and leaming wrth each other and a safe environment for Ihe children lo engage Wtth other children and the communty. Holida Pro rammes and Da Tfi s". K@M4E also run yearty holiday activities programmes and Day trips to support disadvantaged families who may not have the opportunity lo lake their children away during holidays. Community Learnlng. Skllls Develownent and Engagement Activitles Communi Learnin Courses.. We work closely in partnership with SGC Community learning lo ensure a variety of skills development and wellbeing courses responding lo the needs of local re5ident$ are run throughout the year.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT {CONTINUED) YEAR ENDED 315t March 2021 Forever Friends Café.. A welcoming. open. community cafe providing Iow-c05t quality food, facilities such as poollboard games, opportunihes to engage wrth others. have access lo community news I events. and explore a variety of wellbeing aclNities and 5UPPOrt services available at the hub. Our Café also provides volLtnteering and work placement opportunrties including ITaining and support. Focused groups cafè sessions provide opportunities and fIt steps for targeted groups {who may not usually go out lo socialise} such as people slTuggling wrth anxiety. The Café serves as an access point to our crisis, personalised support and other se¥vices al the hub. Staff and volunteers build positive relationship with people, identrfy when someone needs further support and help them to engage. The Café also helps lo generate income to fvnd our charitable activities. However, Covi1&19 erisis has had a knock down effect on this. ommuni Chari Sho We sell donated items, produce from the community garden, items made in the Reluibishmenl and Recycling Workshop. and items made by some wellbeing group activities such as the Wellbeing Knitting. All income generated from Ihe shop is used lo fund our charitable activities. The shop also provides volunteeiing and work placement opportunrtbes including Iraining and support. Communi Information Service.. We Coordinate and produce a Quarterly Newsletter with updates on services, 3Ctivilie5, news and events in Kingswood and surrounding areas. The newsletter is distributed door to door to local residents and communal areas such as public libraries 8nd leisure centers. Electronic copies are also distributed widely to a ¥arty of services to reach their service users. We provide uwlated information on services, health and weNbeing awareness, work and apprenticeship opportunitses beneficial lo local people on K@M4E Communtty Hub notice boards and provide leafiels for people lo lake along. The many people from all backgrounds who visrt our Communty Hub daily have direct access to this inlormation. This service is particulaty important for people who are digitally excluded. Collaboraliori with other services usin Hub as a resource.. We work closely wth olher organi5ations to exlend capacity and increase access to other services needed by the residents of the local community. This helps lo eliminate access barriers associated with distant services. Services such as SGC Social Care Services, SGC Mentoring. Developing Health and Independence, FUre Bright Employment support, Bromford Housing and Nationa5 Star College meet and support their sernice users fiom the hub. It is a friendly, retaxed and wetcoming environment with fa¢?libes that encourayes engagement. This is part"Jcularly useful for people who struggle wtth their mental wellbeing. The Ial Police Beal and the Councillor's surgeTie5 are hekl in our Community Hub. en Communi Events.. We Provide festNe events open to the community to encourage community cohesion. Festive evenls such as Easter. Halloween and Christmas are delivered yearly. As part of our Christmas event, we give out free Christmas presents lo children from disadvanlaged families. We also host other events such as Communty Happines5 Day, Tabletop sales events, elc. 1. Income Generation Activities K@M4E board a9reed on a strategy to hire oul rooms as a means of generating fftcome to help fund its activities and services as funding is nol always guaranteed. This activity was carried out during this peri¢yl. Despite naving to temporarily close the centre during this peiiod, we have adapted the café and space to safety be able to open back up to the public.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT (CONTINUED) YEAR ENDED 31¥t March 2021 Forward InStlatSves Strategic Plannlng Funding- As agreed by Board and Senior Managemeni K@M4E Continues to develop ways to diversify ils lunding stTearns. Our fijndiaising strategy focusses on sustainability through our income generating activities alongside other fundraising activities. We in¥est income generated by Our commercial activities back into the charity. putting it into core service delivery. building maintenance, Iiaining and other development opportunits'es. 2. Funding and finances K@M4E is aiming to achieve a sustainable funding base by diversifying income streams in three key areas.. il Commercial income generation li) Fundraising and marketing iii) Fundraising assets We are ctsntinuing lo focus on rnaximising the income potential of the building. through private hire of the space leg family parties, training and business events) and letting space5 to other community organisalions who share our charrtable ethos and offer services which are of benefit lo the community. While looking lo increase sales in OUT community café. we are detemined to ensufe we keep everything affordable for our community. We are committed to keeping our costs down, including using produce from our community garden in the café. We are working on the development of our eommunty charty shop encourage footfall. We continue lo benefft from eharty relail consultancy support with the shop development. We continue to adively fundraise lo support our [e charitable activities. both through applications to trusls and foundations, and cornmunty fundraising events. We currentty enjoy the support of the National Lottery Communrties Fund. Gatfield Weston Foundation. 29 May 1961 Charrtable Foundation. A5da Foundation. Quartel CornmLtnty Foundation, South Gloucestershire Council, Member Awarded Funding. United Communittes I Solon Housing Associations. and are developing Iwst pipeline and submissions process. We recognise that certainty in the short temi. some of these opportunities will be affected by working in the shadow of Covid-19 but work to a fivevyear Suslainalylty Strategy that was revised al the beginning of 2021 to reflect this. Reserves Pollcy The Trustees regularfy review their reseNes policy lo ensure the continuity of Servi3. Changes are made to reflect the organisalion's activities. Any change in the amount would be reported in the period. The current reserve largel is set for the amount of £20.000. The Free reserves as at 31 March 2021, was £33.979, which is currentty at tsrget level.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT {CONTINUED) YEAR ENDED 31X March 2021 Statement of Trustees. Responsibilities The trtsstees (who are also Oireclors of Kingsmeadow @ MadeForever for the purposes of company lawl are responsible for preparing the TTVStees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Genefally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. which gNe true and fair view of Ihe slate of affairs of the Charitab company and of the incorning reSoUrS and application of resources, including the income and expendrture. of the charf(able company for that period. In preparin9 these financial statements. the trustees are required lo." select suitable accounting polrcies and then apply them consistently; observe the methods and piinciples in the CharItS SORP 2015 (FRS 102).. make judgements and esbrrtates that are reasonable and prudenl.- slate whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in Ihe financial statements.. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible lor keeping adequate aecounting records that disclose with reasonable accuTacy at any time the financial position of the charitable company and enable them to ensvre Ihal the financial statements compty with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonabte steps for the prevents.on and detection of fraud and other irregularrties. Reglstered offlce: Fisher Road. Kingswood Bristol BS15 4RQ Signed by OTdef of The Trustees Lucie Martin-Jor DATE:... 1811212021...... 10
KINGSMEADOW @ MADEFOREVER LTD INDEPENDENT EXAMINER'S REPORT YEAR ENDEO 31 MARCH 2021 I report to the chaTity trustees on my examination of Ihe accounts of the company for the period ended 31 March 2021 which are sel out on page5 12 to 23. Responslbilltles and basls of report As the charty trustees of the company land also ils directors for the purposes of company lawl you are responsible for the preparation of the accounts in aOrdanCe with the requirements ol the Companies Act 2006 ('Ihe 2006 Act.). Having satisfied myself that the accounts of Ihe company are not required to be audrled under Part 16 of the 2006 Ad and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under sectiorb 145 of the Charities Act 2011 ('the 2011 Acl'l. In carrying out my exarnination I have followed the Directions grven by the Charity Commission under section 145(51(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to beIVe that in any material respect.. accounting record$ were not kept in respect of the company as required by section 386 of the 2006 Act., or the aecounts do not accord wth those records. or the accounts do not comply with the accounting fequirements of section 396 ofthe 2006 Act other than any requiremenl Ihat the accounts give a and fair view which is not a matter considered as part of an independent examination-, or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reports.ng by eharities applicable to charits'es preparing their accounts in accordance with the Financial RepDrting Standard applicable in the UK and Republic of Ireland (FRS 102). I have iio concerns and have come across no other matters in Connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Joanna Roderi¢k ACA WJ James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG 11
' KINGSMEADOW @ MADEFOREVER LTD STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE) YEAR ENDED 31 MARCH 2021 Unrestricted Fund$ Restricted Funds YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 2020 Note Incoming From: Donations Other Ir8ding activities Inveslmenls Cha17table Actwities 1.733 15.168 1.733 15.168 5.536 38.548 4.000 128,822 132,822 53,025 Total Income 20.901 128,822 149.723 97,109 Expenditure On: Charitable activities 5.677 100,673 106.350 116.700 Total Expendilure 5.677 100.673 106.350 116,700 Net Ineomellexpendllure) 15.224 28.149 43.373 (19,5911 Transfers between funds 14 8,400 18.400) 23.624 19.749 43,373 {19,5911 Totsl funds at start of perlod 81.479 9,258 90,737 110.328 Total funds at end of period 105.103 29,007 134,110 90,737 The Charity ha5 no recognised gains or losses other than the resulls for the year as set out above. All of Ihe a¢tivities of the ¢harity are dassed as continuing The comparative funds are detslled In note 10 The notes on pages 14 to 23 form part of the$e financial staternents 12
KINGSMEAOOW @ MADÉFOREVER LTD BANCE SHEET AS AT 31 AIARCH 2021 YEAR EMDED 31 Mar2020 31 Mar 2021 Flxèd Asset• Tan9lL4e 8S3els 11 72.&93 7S.636 CwreThl As8ets 12 1201 81.189 62J90 6.588 17.678 24.2E Cash Bt tk Cr•(fitOT5 . Arnount$ I[9 withrn on• ar N41 Curr4nt Asspts 13 973 61.417 9.t65 15.101 Ng1 assets 134.110 9rJ. Funds Thre$l¢t•4 luftds Designate6 hJnd$ General funds R•strt¢tfrd (und• 14 14 14 72,693 32.410 29.(Ki7 75.636 5.&d3 9.258 The coryany Ss anliltsd 10 exemptlon urthr 4T1 ol the ¢ornpanie5 AG 2006 lor Ihe Ir4r ¢ndi 31 March 2021 Thè ftwnbern have ftot re4uKed company obtsin aKbt of il¥ finwial 5tatemeftts fr)r the yea¥ endTrng 31 Marth 2021 in accordance ith Ser 476 clthe cOn¥e$ A¢1 2006. Tljt Dlrectors •cn¢wl•dg• th8ir r•spC+n1ti¢S lor: a) erEuiing that ¢twpny keeps a¢cwntlrrJ records Tr•mth G(l} 386 and 387 of Ihe CornpanlesAd 2006 and bj .pr8pariry thftancial statements gi a Irue 8Th1 lar vlv of the siaie of affairs of Ihe company as at the ,tnd of. eath flnandal r¥toQ and of its profft ks eath finandal peiiod accordance wth the .requIkxmts of SactIc 394 and 395 and thtch ¢)llw ccompty with the lleme$ of itttr Companfves Act 206 retstw)o to financiel 51atunents. so lar £s &¢Able 10 the GompV. Tknasa nanci31 s181emerrfs htre tttn wepafed lrt &e4)rd2ntO Mryll) tho spe¢ial PlovIsi5 of P?rt 15 ot thts Crmpanle$ Aet 2006 felalhg ty 11 >ynpanies F?1 Reportiry Slands¥d applKable in Vffltad Klnqoorn and Rty1¢ d kelaNI (FRS102) Th•sfr finWla{ slawnents re apd by IhÈ trtsstsea Oh 18 Dewobtt ¥J2t and signgAI ils bW!by. Chairperg COMPANY IIUAI8ER-.00126é68 The not¢s Ofi P•9è$ 14 w 23 fMYb paht ol Ih•$• fimneial st•ternenls 13
' KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 1 Accounting pollcles la) Kingswmeadow @ Madeforever is a private company limrted by guarantee registered in England and Wales. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of this charity- The address of the registered office is given in the charity information on page" 1 of these fin2n¢ial stalemenls. The nature of the ¢hanWs operations and principal activity afe given in the Trustees. Repo¢1. The nature of the.charity's operations and principal aclivilies are qiven in the Trustees, Report. The Principal accounting polb¢ie5 adopted, judgements and key sources of estimation uncertainty in Ihe preparation of the financial statements are as folbw$'. The charity constitutes a public benefit enlty as defined by FRS 102. The 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) issued on 16 July 2014 (as updated though Update Bulleling 1 published on 2 February 2016}. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021, the Charities Act 2011. Ihe Companies Act 2006 and UK Generally Acrkpled Practise as it applies form 1 January 2015. The Charity has applied Update Bulleting 1 as publishe(i on 2 February 2016 and does not include a cash Ilow slalement on the grounds that il is apptying FRS 102 Section 1A. There are no material uncertainlies about the chaiity's ability lo continue a$ a going concern. de5pile the significant uncerlainty being caused by the woddwKJe COVID-19 Crisis. Whilst the Trustees expect there lo be an impact on the chariVs operation and reserves in the coming months and years. the charrty has sufficient reserves to be able to meet these Challenges. The financial stslements are presented in sterling which is the functional currencv of the Charity and rounded to the neared £. Ib) Income from donations is included in incoming resources when these are receivable. except as follows.- l. When donors specify that donations given to the charsty musl be used in future accounting periods. the income is deferred unlil those pefiods: 11. When donors impose condilions which have lo be fuifined before the chaity becomes entitled to use such income. the income is deferred until the pre-condib.ons have been mel. On receipt. donated goods are re¢ognised on the basis of the values of the gift to the charity whh is the amount the charity would have been lLing to pay to obtain goods of equivalent economic beneift on the open market,- a corTesponding amount is then recognised in the expenditure in the period of receipt. (c) Grants, including grant5 for fixed assets, are recognised within the accounts as they become receivable. Grants received in the a¢¢ounting period in respect of future accounting periods are deferred until those periods. All material grants are disclosed in accordance with the Statement of Recommended Practice. (dl Legacies are accounted for when their receipt is certain and can be propedy quantified. (d) ResouTces expended are accounted for on an accruals basis and have been classified under headings that aggregate all costs related to the category. Resources expended aTe stated gross of VAT. (el Fundraising costs are those incurred in running evenls to raise funds and in seeking voluntary Contributions. They do not include the costs of disseminating information in support of the charitable aclivilies. Support Costs are those costs incurred directly in support of the obje¢ls of the charty- (D Direct ¢ost$ are allocated on an actual basis lo the actrvities. Support costs are allocated on the basis of actual use of the resources. Governance costs include the costs relate lo meeting the constitutional and statutory requirements. 14
' KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDEO 31 MARCH 2021 1 Accounting poll¢le$ Ig> Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic life of that asset as follows.. Fittings and equipment- 250kn reducing balance Leasehold Improvements - The Shorter of the life of the leasehokj impovement or the remaining lerm of the lease. Period of lease 21 years Fixed assets costing more than £500 have been capitalised at cost. Ig) Unreslricled fund5 can be used in accordance with the tharitable objects al the discretion of the Trustees. {h) Restricted funds can only be used for particular reslricled purposes within the objects of the charity. Restriction$ arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meets these criteria is charged to the fund, together wrth a fair allocation of support costs. Further explanation of the nature and purpose of each fund is included in the notes lo the financial (il Rentals under operating leases are charged lo the Statement of Financial activities as incurred. 2 Donations Forlhe yearended 31 Mar¢h 2021 Unrestrlcted Restrlcted YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar2020 Donalion 1.733 1,733 5,536 1,733 1.733 5,536 For the year ended 31 March 2020 Unrestricted Restricted YEAR ENDED YEAR ENDED 31 Mar 2020 31 Mar2019 Donation 1,548 3.988 5.536 3,346 1,548 3.900 5.536 3,346 3 Income from Charitsble A¢tivitie$ For the year ended 31 March 2021 Unrestricted Restricted YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 2020 Soulh gloucestershire Council Lloyds Bank Foundation National Lottery Community Fund United Communities and Solon Housin9 As. Priority Neighbourhood Work Quartel Member Award Fund- Young People MemberAward Fund- Essential Support 29th May Trust Asda Foundati Garfield Weston Foundation Governmenl Grant- Employers Allowance 7.000 14.143 75.079 4.000 7,000 5,000 3,500 3,000 2.000 600 7.500 7,000 14,143 75,079 4,000 7,000 5.000 3.500 3,000 2,000 600 7,500 4,000 16,297 20,728 6,000 7,000 4.000 3.000 4,000 128,822 132,822 53,025 15
.KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 3 Income From Charitable Activities (Continued) For the period ended 31 March 2020 Unrestrlcted Restrlcted YEAR ENDED YEAR ENDED 31 Mar 2020 31 Mar2019 South gloucestershire Counol Lloyds Big Lottery Fund Bromford Priority Neighboufhood Work Quartet Leidos Government Granl - Employers Allowance 16.297 20.728 6,000 16.297 20.728 6.000 5.100 18.343 4,000 22,290 5,250 4.730 1,000 7,000 7,000 3.000 3.000 50,025 53,025 60.713 4 Other trading a¢tivitie$ Unrestrlcted Restrlcted YEAR ENDED YEAR ENDED 31 Mar 2021 31 Maf 2020 Room Hire Cafè and Communty Shop sales Sundry Income 5,775 9.353 40 5.775 9.353 40 22.006 14,497 2,045 15,768 15,168 38,548 All income from otheT Iradin9 activities in Ihe period to 31 March 2020 was out of unreslrtcled funds.
' KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 5 Expendlture from Charltable actlvilies Forthe year ended 31 March 2021 YEAR ENDED YEAR ENOED Wages & salaries Direct Costs 31 Mar 2021 31 Mar 2020 Community Hub Costs Community projects Govemance 5,804 16,598 820 5,804 99.726 820 6,698 109.182 820 83.128 83.128 23.222 106,350 116,700 Allocation is based on actual costs in¢urred For the period ended 31 March 2020 YEAR ENDED YEAR ENDED Wages & salaries Direct costs 31 Mar 2020 31 Maf2019 Community Hub Costs Community projects Govemanee 6.698 21.921 820 6,698 109.182 820 2,722 79.993 2,354 87.261 87.261 29,439 116,700 85,069 Allocation is based on actual costs incurred 6 Governance costs Unrestrl¢ted Restricted YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar2020 Legal and professional Accountancy and bookeeping fees Independent examination fee 520 300 520 300. 520 300 820 620 820 All expenditu on governance ¢05ts in Ihe perbod to 31 Mard) 2020 was out of unrestricted funds. 17
' KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 7 Net Income for the year ThSs Is $laled after ¢harglng: YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 2020 Independent examinerfs fees for independent examination - for other accountancy services Depreciation Trustees. remuneration Payment of Trustees. travel expenses nil (2020=Nil) 300 520 2.943 300 520 3,038 8. Staff costs and numbers The aggregate payroll ¢osts were-. YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 2020 Wages and salaries Social security costs Pension 76.766 4.964 1.398 80,662 5,108 1,491 83.128 85,770 No employee re¢eived emoluments of more than £60,000. The lolal employment benefits received by key management personnel in the year were £31.833 {2020.'£24.54, The average weekty number of employee5 during the year. calculated on the basis of full lime equivalents, vias as follows.. YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar2020 ManagemenVFundraising Charitable aGtivities 9 Taxatlon The charity is exempl from corporation tax on its chafitable aclivities. 18
' KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 10 Comparative Statement of Financial Activlty figures Unrestricted Funds .Restricted Funds YEAR ENDED 31 Mar 2020 Incoming From: Donations Olhertrading actwities Investments Charitabl8 Actitriti&s 1,548 38,548 3.988 5,536 38.548 3.IXIO 50.025 53,025 Total Income 43,096 54.013 97,109 Expenditure On: Charitable activities 49.440 67,260 116,700 Total Expendltyrtr 49.440 67,260 116,700 Net In¢omel(expendStvre} {6.344} (13.247) (19,591) Transfers between funds 72.970 66.626 72.970 186,217) 119,591) Total funds at start of period 14.853 95.475 110,328 Total funds al end of perfod 81.479 9,258 90.737 11 Tangible fixed assets Leasehold Improvements Flttings & Equipment Total Cosl AI 1 ApTiI 2020 Additions 77.716 16,432 94,148 At 31 March 2021 77.716 16,432 94.148 Depreclation Al 1 April 2020 ChaTge for the year 4,934 2,467 13,578 476 18,512 2,943 Al 31 March 2021 7.401 14.054 21,455 Net book value At 31 March 2021 70.315 2,378 72,693 Al 31 March 2020 72.782 2,854 75.636 19
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 12 Debtors YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar2020 Aged Debtors Prepayrnenls and accrued income 739 462 6,179 409 1.201 6,588 13 Credltors: amounts falling due wtlhln one year YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 202Q Other creditors A¢cruals and deferred income 153 820 919 8,246 973 9,165 Defeed income represents funding received in advance in repect of YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 2020 Future proje¢t$ 7,646 7,646 20
. KINtssMEADOVV @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENOED 31 MARCH 2021 14 Movement In funds At Incoming 01"Apr 2020 resources Outgolng. resources At 31 Mar 2021 Transfers Restricted funds 29th May Twst Priority Neighbourhood Work Health and Equalilieslwellbeing Garfield Weston Foundation Lloyds- Your support Lloyds- Covid Rea Lottery- Covid 19 United Communities and Solon Housing Ass Member Award Fund- Young People Member Award Fund - Essential Support Children and Young People Forever Friends Community Quartet 2,000 7.000 (2.000} (7.000) 13,170) (1.105) (4, 145) (9,410) {60,459} (4,0001 6,230 7,600 7,500 4.145 9.998 75,079 (6,230> 4.430 6.395 588 14,620 4.000 3.500 13.5001 3.000 (26) 2.974 2.259 638 131 (2,2591 220 {1311 {858) 15,000) 5.000 9.258 128.822 100,673) 8.400 29,007 Unrestricted funds Fixed asset designated fund General funds 75.636 5.843 12.943) 12,734> 72.693 32.410 20.901 8.400 81.479 20.901 5.677 8.400 105,103 Total funds 90,737 149.723 106,350 134,110 The transfers of £8.400 from stricted funds into general funds was agreed during Ihe year by the trustee$ following a detsiled review and agreed lo have been spent in prior years. The fijnds have therefore been moved lo ¢orrectly refle¢t the opening balance and the nature of project. 21
' KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 14 Movement in funds (continved) Prior Year Comparative At Incorning 01 Apr 2019 resour¢e$ Oirtgoing resources At 31 Mar 2020 Transfers Restricted funds Big lollery Fvnd Priority Neighbourhood Work Heatth and Equalilieslwellbei FTiendship Club Lloyds- Yoijr support Made For Ever Children and Young People Forever Friends Community ( Quartet 4,904 (3.220) (7,000) 112,500) (3.8791 124,8041 (5.7221 {1.6841 7,000 3.500 3,988 20.728 12.797 15.230 4,479 4,076 56,770 2.259 3.158 4.599 6,230 (4,5881 (63,845} 2,259 638 131 6.000 (8,520) (1,6151 12,8531 95.475 54.013 67.260 172.970 9,258 Unrestrlcted funds Fixed asset designated fvnd GeneTal funds 75.636 12.6661 75.636 5,843 14,853 43,096 (49,440) 14.853 43.096 {49.440) 72.970 81.479 Total fund5. 110.328 97.109 1116,700) 90,737 29th May Trust To support the provision of our Crisis PreventKin and Personalised Support Service Priority Nelghbourhood Wor1[ Funds to sUPPOrt provision Kingswood Connect quarterty newsletters and partnership community activities within the SGC PTiority neighbourhood afeas Garfield Weston Foundation To support the provision of our Crisis Preventron and Personaltsed Support SeNice Lloyds Bank Foundation - Your Support These funds are provided lo carry out the following setvices.. Crisis pVentIOn. personalised emotional and praclical 5UPPOrt servKes including employment support. Lloyds Bank Foundation - COVID 19 React Funds piovided lo support costs associated with Covi&19 to help ensure the continuation of services de5pile the challenges. Health and Equalitie51 Wellbelng These are funds provided lo support the set up of health and wellbeing programmes, courses, evellls, skills devek)pmenl and learning aGlivities. tackling health and inequalilies in the communty and supporting the Lottery- COVID 19 Funds provided to support the Community Wellbeing Hub Serviees and Activities 22
'KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 14 Movement In funds (continued) Unlted Communitles & Solon Ass 'Funds provided to support the Forever Friends Community Cafè MAF- Essential Support Project Funds provived lo support the Essential Support SeNice Friendship Club These are funds provided to support the provision of social and physical activities for older Quartet Foundatlon Fund Funds prOVed lo support the delNery of Communty Wellbeing Hub Senrice and Aclivrties. 15 Analysls of urtrestricted net assets Al 31 Mafch 2021 Tanglble Flxed assets Other Net assets Total Restrlcted funds Unrestricted funds 29,007 32,410 29.007 105,103 72.693 72.693 61,417 134.110 At 31 March 2020 Tanglble Flxed a$$ets Other Net assets Total Restricted funds Unrestrlcted funds 9.258 5.843 9,258 81.479 75.636 75.636 15,101 90,737 16 Company Ilmited by guarantee The company is Similed by guarantee and as such has no issued share capital. In the event of the company being wound up the liabilty of the members is limrted 10 £1 eaeh.