KINGSMEADOW @ MADEFOREVER LTD FINANCIAL STATEMENTS PERIOD ENDED 31" March 2022 Company Registration Number 8126468 Charity Number 1148905 A818GYLC 0511212022 COMPAMES HOUSE A16
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KINGSMEADOW @ MADEFOREVER LTD FINANCIAL STATEMENTS YEAR ENDED 3151 March 2022 Contents Pages Reference and adminislrative information Trustees, Annual Report 31010 Independent Examiner's Report 11 statement of Financial Activities 12 Balance sheet 13 Notes to the financial statements 14to23
KINGSMEADOW @ MADEFOREVER LTD REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31st March 2022 The Truslees have pleasure in presenting their report and financial slalements of the Charity for the period ended 31" MaTch 2022. Thè Trustees (who are directors for the purpose of company law) who served during the year and since the year end were as follows.. Luci8 Martbn-Jone$ Martin Farmer Catherine Hopkins Helen Farmer Christopher Hounslow Beatrice Anayo Maureen Dark Margie Cooke Istered offlce (Resigned 20° June 2022) Fisher Road, Kingswood. Bristol BS15 4RQ Inde dent Examlner Joanna Roderick ACA. WJ James & Co. Bishop House. 10 Wheat Street. Brecon, Powys LD3 7DG Bankers National Westminster Bank PIC 90 Street. kn"ngswood. Bristol BSI 5 8HS
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31st March 2022 Nole from the Chalr As we review our progress from the first year ofour new strategy and Lottery Community Grant funded programme. the board is pleased to report a successful year of meeting our stiate9y objectives. Over the 5 years from 2021. Kingsmeadow @ MadeForever have commffted to the foltowing: Establlshed: To be well established and well known SeTvlce$:
Develop services that are ¢Jifectty responding to the communty needs Increase client & customer base l engage the communty CollaboTation: Increase coSlaboralionlpartnership work across the different sectors Ipubliclprivatelvoluntary) Stafflng.. increase staff capacty. well rewarded staff. revmv staff structure to meet demands of senriceslgroMh Staff & Volunteer Trainingloevelopment.. Invest in training and development of staff volunteers lo ensuie Ihe team is continuousty equipped and capable of delivering effective services SystemslProcedufe$lPoll¢ies: Develop systefns. procedures and policies thal align with growth. development. ensure effective delivery of services and running of the organisation Flnanclal Sustalnability: Development of income generation services- Café. Charity Shop. Hire service Expand our funding raising base.. attract new funders. fundraising events Idenlfylexplore other income generation options to improve Financial sustainability We have demonstrated an established position wrthin the community proven by the significant inerease of communty mernbers accessing the hub for a range of K@M4E services and support during this period. In 2019. we had 2.595 sMJn-ins of people accessing Sel¢e$ al the hub, then 5,034 in 2020. 4,273 in 2021. The figure increased to 12.425 during this reporting period. OUT SilPPOrt services have dI¢11Y responded to ¢ommunty need and have been more crucial than ever whilst navigating a 'p05t COVID, world and the challenges V all face with the cosl-of-living crisis. Our partnerships have been well established and supportive over the previous year and we would once again like to lake this opportunty to thank those who chose Kingsmeadow @ MadeForever as the hub to deliver their act(vtlies and support the community as well as those who provide donations for our Essential Support SeThice, Irips and community shop. Ouf open. friendly. and supportive café continues to vlCome people who aTe acce55ing Ihe hub or who jusl fancy a nice hol drink and bite to eat. We have been very positively encouraged by the continued growth of sales from the Cafè, Ihe ¢ommunty shop and the support of those who book our facilities within Ihe hub for various actrvities. We are now in the phase of our strategy where we will focus on the gr0h and development of our staff and volunleeT teams to meet the increased demand we are experiencing. Part of this staff investment will contribute to the development of our income generating seryices (café, room hi. community shop) to ensure we are able to build a sustainable future for oUrSees. We are extremely excited to be in this position. focu5sing on thriving and not surviving.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31st March 2022 As always, we are eternally grateful to all the people who make Kingsmeadow @ MadeForever the bustling community hub it ha5 become. This includes our dedi¢ated staff team, our wonderful volunteers. our partners and referring agencies and every person who enjoys the space and CODlribute5 in their own way. We would be nothing withoLrt you. The board are.exciled for the coming years and feel confident in the progress of the oTganisalion. as always. we over¢ome adversrty and rise to the challenge. Lucie Martin-Jones Chair of Trustees The Trustees have pleasure in presenting their report and the fmancial statements for the year ending 3151 March 2022. This report summarises K@M4E's: History Status Object$ Governance and Risk Management and Voluntary services Key Stakeholders Cvirent Projects and Activities Future projects and Activities Hlstory Over ten years ago. localty elected counallors saw the need foT a physical bcal point to provide a resource for community aclivitres within Ihe Kingswood communty. This foc81 point was lo assist members of the Gommunrty lo deliver enhancement of others'.qualty of life through coordinated endeavour. To support this aim. a lease on a the fflat on the Kingsmeadow E5tale (Eslate).was offered by South Gloucestershire Council ISGC). who owned the Estate at that time. (Xvnership of Estate (and other SGC housing wa5 subsequentty acquired by Merlin Housing Society (now known as BTomfoTd>. MerlinlBromford continued lo support the activities of K@M4E staff, volunleeis and trustees as well as the residents on the Estate who became members of K@M4E. K@M4E moved into its CUTrent premise in April 2018 following a Communty Asset Transfer of the site from South Gloucestershire Council. Sin¢e this move. K@M4E has been working hard with the community to establish a sustainable Community Wellbeing Hub at the Made Forever sile by ¢ontinuing to identify needs, developing and shaping rts services and activities accordingly. More people from the community have joined in this cause as the recognise the value, taking on different roles such volunteers. service users, partners. supporters. all working together to enhance the lives of people and the wellbeing of the Communty. Status K@M4E is registered the Charity CommissTron of England and Wales (Number 1148905). The Charity Commission is a national organization which regulates charities (such as K@M4EI. K@M4E is also a company limited by guarantee (Number 08126468), incorporated on 2 July 2012.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 315¢ March 2022 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. slrengths so that they are able lo work towards achieving success in education, training and employment. Health & Wellbeing. as well a5 other lrfe opportunrties., To provide practical support and guidance towards employment, welfare and Information Technology., To provide a unique emotional support facility as well as Health and Wellbeing actrvities within both K@M4E facilities and wider communty. Governance and Rlsk Managemenl All major decisions are. made by K@M4E's Board of Truslees (Board). The Board is bound by K@M4E's constrtution (comprising of the Articles of Association and general applicable laws). K@M4E's constitution rs available on request for anyone. Each Board member is typically elected at The Annual General Meeting of K@M4E's members. All Board appointments are made having regard to relevant qualification and experience. Board members must be prepared to engage in training which will help them understand K@M4E's operations and their role within them. For eXarnp, the Board Confirms Ihat they have taken due regard to the guidance of public benefit published by the Charty Cornmission. The Lloyds Bank Foundation enhanced programme provided governance training lo K@M4E Board. This programme continues to provide guidance and consultancy support lo the Board. In addrtion to operational matters. the Board retains an overseeing rofe, which includes a duty to identify and review the risks to which K@M4E's is exposed and lo ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. The Board meets regularly (tyycally BMonthly) lo recerve a financial reFQrt and the Chief Officels report of activities to understand whether K@M4E's operations. risks and finances ale being managed prudently. Management and Voluntary servl¢es Our staff team has grown to a dedicated team of 12 {7FTE) who all conlribute to the day to day running of Kingsmeadow @ MadeForever Community Hub. We have 121 volunteers who give Iheir time to make Kingsmeadow a thriving community hub. K@M4E's could not continue lo grow and thrive as il ha5 done for the last fourteen years without the efforts and development of the staff and volunteer teams who have consistently given their support. lime and energy to serve the commvnty. We are forever grateful to you all. Key Stakeholders All concerned with K@M4E's activities and resources share a delerminalion Ihat ils, oty'e¢tives will be delivered.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31st March 2022 A key function in this delivery is met by those Organisations that have given generous financial and in-kind support - Soulh Gloucestershire Council. The Nats"onal Lottery Community Fund, Lloyds Bank Foundation. Quartet Foundation. Asda Foundation. Sainsbury's. Coop. Morrisons. Friends of the Earth, DWP Kickslart programme. Garfld Weston Foundation, 291h May Charitable Trust. BNSSG CCG and Friends of the Earth. Mothefs Union, Salvation Arrny, local businesses and individuals have also shown their support and forged strong links wsth K@M4E. We appreciate our partneis, service users and the community for their participab-on and support. CURRENT SERVICES & ACTIVITIES Crisis Prevention & Personallsed support for indlvlduals & Families Personalised Su rt". This programme of activty provides a holistic person•cenlred 5UPPOrt, with a one-to-one initial needs assessment providing the basis for a tailored intervention support plan for the individual or familie5. We reach oul to our beneficiaries in ways that our inlervention is crucial. life changing. and in some instances. lifesaving. Our dedicated team works with beneficiaries over a prolonged period to Klentity specific challenges, needs. barriers and strengths. and develop a targeted support plan thal direclly responds. The focvs is lo help our beneficiaries move forward. and nurture and support them to take control of their lives and maintain that positive joumey. Support is both emotional and practical. AH our services and activities serve as access poinl for people in need of our personalised support programme. senlial Su ort Servi Through thi5 service. we source donations for items and provide Utility Top-ups. Clothing, Household Items. Emergency Food Parcels. Hot meals, Hygiene Kil. Baby care products and Foodbank Vouchers to people in desperate sttuations and those facin9 financial hardship. By alleviatin9 immediate concems and WOTries of the community we serve around food. heal, light, personal hygiene. especially 50 as experience a cost-of-living crisis and high energy prices hitting the most vulnerable. we can work with our beneficiaries lo conlinue to plan longer-lerm support and recovery as the situation improves. Volunteer Develo ment Service.. Volunteers are at the heart of our structure. The aim of this service is to identity the individu81 goals of the volunteers and work with them lo achieve their goals. This service also increases our capacity to deliver on our charilable objectwes. Many of our volunteers first engaged with us as seryice users, so have lived experience of overcoming obstacles and finding positive ways lo deal with life's challenges. This keeps us in touch Yth our purpose. as well as bringing a wde range of relevanl skills and perspeclrve that improves our work in our Mmunrty. K@M4E work with volunteers to put together structured support plans including training. employment and life skills development. building nfIdence, providing opportunities 10 stay active and lo support the transition back into society and their communty for those who have feel isoiated and lonely. Activi tart- and develo ment su ervice.. Structured support for individuals to set-up community group activities that will benefrt themselves and others. directty responding to their needs. We support and work with the individuals and the group to plan. cfrordinale, facililale and develop engaging aclivities and to Work towards seif-sustsinability for the group.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31SI March 2022 Health and Wellbelng Wellbein and Su ort Grou K@M4E runs a variety of wellbeing and support groups such as Sober social,. 50+ Friendship and Exercise Club.. Health Walks: Coffee Moming5- Book" & Reading Club. Mother and Baby Support group.. FibromyalgialMEIChronic Fatigue support- Knitting Club- Crochel group,. Outdoor Court sporting activities-. Digital Inclusion sUPPOrt. All wellbeing and peer support groups are in response to requests from re5idenls and the communty. Communit Garden.. Coordinated gardening and environmental care activities open to individuals and groups including disabled people. Activities include landscaping. making raised beds and gardening materials, planting. weeding. plant care. leaming and sharing gardening knowledgelskn'lls. communty clean up and café time. Other services also use the garden as resource for Iheir actiVFties. Refurbishment and Rec clin WoTksho This is a volunteer led service where people use their skills, knowledge and creativity to Tefurbish or make a variety of ilems while they stay active and socialise with other people in the ¢ommunty. Through this activty our organisation provides a community service where donated item5 are refurbished or repurp05ed. The finished ilems are either used within the community hub's a¢tivitEs, given to support someone in need or sold through our Community Charity shop. Families Children and Young People Activlties We work with young people and familie5 through a variety of engagement actNilies such as- ForeveT Youn Peo le Meet-u Provides afterschool structured engagefftent, learning and skills development activities sessions for young people aged 6 to 16. Work lacements for You Peo le.. Structured work placement Sessions, support and supervision for young offenders. young adults living wth disabilities who are Iransrtioning from Social Care services to engaging independently into the community and those in specialist education. We work in collaboralion with the Soulh Glouceslershire Coun¢il Young Offenders aTrJ Transibon Support Teams and N81ional Star College. Toddlers Famil Su ort= Coordinated and facililaled sessions for familie5 With children from 0 - 5years old. providing learning. social values and skdls development activities such as gardening. reading, storytelling, arts lcrafts and fun-play activities. rt f r Home Ed cation Families.. K@M4E also provide the facility and engagement activrties for Home Education Families, creating opportunlties for families who home school their children lo socialise. share idea5 and learning viith each other and a safe environment for the children to engage wilh other children and the community- Holida Pro rammes and Da Tri s.. K@M4E also run yearly holiday activrties programmes and Day trip5 to support disadvantaged families. who may not have the opportunity lo take their children away during holidays.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31st March 2022 Community Learning, Skills Development and Engagement Actlvitles Communi Learnin Courses.. We Work closely in partnership with SGC Community learning to ensure a variety of skills development and wellbeing course5, responding to the needs of fesidents are run throughout the year. Forever Friends Café: A welcoming. open. community cafe provKling Iow-COSt qualty lood, facilities such as poollboard games. opportunities to engage with others. have access to community news I events, and explore a variety ofwellbeing activities and support services available al the hub. Ouf Café also provides volunteering and work placement opportunities including training and support. Focused groups café sessions provide opportunilies and first steps for targeted groups {tho may not usually go out to socialise) such as people slruggling th anxiety- The Café serves as an access point to our Crisis, personalised support and other services al Ihe. hub. Slaff and volunteers build positive relationship with people. identrfy when someone needs further support and help them to engage. The Café also helps to generate income to fund our charilable actwities. However. Covid-19 crisis has had a knock down effect on this. Communrt Chari Sho '. We sell donated Items, produce from the community garden, items made in Ihe Refurbishment and Recycling Workshop. and items made by some wellbeing group aclivities such as the Wellbeing Knitting. All income generated from the shop is used to fund our charitable activities. The shop also provides volunteering and Work placement opportunities includin9 training and support. Communi Infomation Service.. We Coordinate and produce a Quarterly Newsletter wrth updates on services. activities. news and events in Kingswood and surrounding areas. The new51etter is distributed door lo door to residents and via communal areas such as public libraries and leisure centres. Electronic copies are also distributed widely to a variety of services to reach their service users. We provide updated inforrnalion on services. health and wellbeing awareness. work and apprenticeship opportunities beneficial lo local people on K@M4E Communty Hub notice boaTds and provide leaflets for people lo take along. The many people from all backgrounds who visit our Community Hub daily have direct access to this infomiation. This Ser41 is particularly important for people who are digitally excluded. Collaboration with other services usin Hub as a Tesource.. We work closely with other organisations to extend capacity and increase access to other services needed by the residents of the local community. This helps to eliminate access balerS associated wth distant Sefvi. Services such as SGC Social Care Services, SGC Mentoring, Developing Health and Independence, Future Bright Employment support. Bromford Housing and National Star College meet ad support their service users from the hub. It is a friendly. ielaxed and welcoming environment with facilities that encourages engagemenl. This is partieularty useful for people who struggle with their ment21 wellbeing. The local Police Beal and the Councillor's surgeries are hekl in our Communily Hub. en Communi Events.. We provide festive evenls open to the community to encourage community cohesion. Festive events such as Easter, Halloween and Christmas are delivered yearly. As part of our Chrislmas event, we gwe out free Chrislmas presents lo children from disadvantaged famrfies. We also host other events such as Cornmunrty Happiness Day, Table-lop sales evenls. elc.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31st March 2022 Forward Iniliatives Fundin and Fin n¢es As agreed by Board and Senior Management. K@M4E continues to develope ways lo diversify its fundin9 streams. Our fundraising strategy focusses on sustainability through our incorne generating actNlties alongside fvndraising aclivrties. We invest income generaled by our commercial activities back into the chanty. putting it into Core service delivery. building maintenan¢e. training and development opportunities. We will continue seeking funding from Trusls. Foundab'ons and Gfanls and develop more opportunities for FundTaisin9 Events and Individual givin9. K@M4E is aiming to achieve a sustainable fijnding base by diversrfying income streams in three key areas.. i) Commercial income generation ii) Fundraising and marketing iii) Fundraising assels We are continuing to focus on maximising the InMe potential of the building, through private hire Df the space {eg f3mity parties. Irainin9 and business events) and letting spaces lo other community organisations who share our charitable ethos and offer services which afe of benefit to the community. While looking lo increase sales in our mmnty café. we are detem7ined to ensure we keep everything affordable for OUT communty. We are committed to keeptng our costs down, including using produce from our community garden in the Café. We are working on the developmenl of our communty charrty shop encourage footfall. We continue to benefit from charity relail consultaney support wtth the shop development. We continue to actively fundraise to support our COTe charttable activities. both through applications lo trusts and foundations. and community fundraising events. We are thankful for the support of the Nalional Lottery Community Fund, SoLrth Groustersh1re Council, DWP Kiek5tart programme, Lloyds Bank Foundation. Garfiekj We51on Foundation. 29h May ChaTrtable Trust, Asda Foundation. Co•OP. Sainsbury's, Mouisons. BNSSG CCG, Friends ofthe Earth and Ind[VVal supporters. We ¢ontinue to develope our trust pipeline and submission process. ervices and Activities We continue lo respond to communty needs in the development of our services and activities. The involvement and participation of our cornmunty is key to all the services we Pfovide. We also eonlinue to develope existing and new collaboration work opportunities acros5 all sector5 01 our community. Reserves Policy The TTuslees regularly review their reserves polTrcy to ensure the conlinuty of services. Changes are made lo reflect the oiganisalion's activities. Changes in the reserves amount would be reported during each period. The current reverse is set for £30.000. AI 31 March 2022. free reserves amounted to £62.431, which is CUTrentty above target level however due to effect of recent pandemic and the ongoing rise in cost of living trustees feel this is acceptable at this time.
KINGSMEADOW @ MADEFOREVER LTD TRUSTEES ANNUAL REPORT YEAR ENDED 31st March 2022 Statement of Truslees. Responsibllitles The trustees (who are also directors of Kingsmeadow @ MadeForever for the purposes of company law) are responsible for preparing the Trustees. Annual Report and the financial slatemenls in accordan with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable cornpany and of the incoming resources and application of resources. including the income and expenditure. of the charitable company for that period. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP 2015 IFRS 102)-, make judgements and estimates Ihal are reasonable and prudent.. slale whether applicable UK Accounting SlandaTds have been followed. subject lo any material departures disclosed and explained in the financial slatemenls.. prepare the financial Statements on the going concem basis unless rt is inappropriate to presume that the charitsble company continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them lo 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. In so far as the trustees are aware= there is no relevant audit informalion of which Ihe Charitab company's audrtor 15 unaware,. and the trustees have taken all steps thal they ought to have taken to make themselves aware of any relevant audrt information and to establish that the auditor is aware of that information. RegistOTed office: Fisher Road, Kingswood Bristol BS15 4RQ Signed by order of The Trustees Lucie Martin-Jones DATE". 2911112022 10
KINGSMEADOW @ MADEFOREVER LTD INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 MARCH 2022 I report lo the charty Iwslees on my examination of the accounts ofthe company for the period ended 31 March 2022 which are sel out on pages 12 to 23. Responslbilitles and basls of report As the charity Iruslees of the company (and also its directors for the purposes of company law) you are responsible for Ihe preparat'on of Ihe a¢counts in accordance wlh the requirements of the Companies Act 2006 ('Ihe 2006 A.). Having satisfied myself that the accounts of the company are not reqLrired lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in resFect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('Ihe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{S)(b) of the 2011 Act. Independent examinerfs slatement I have completed my examination. I confirm that no Matters have come lo my attention in Connection wrth the examination gNing me cause lo believe that in any material iespect.. accounling records were not kept in SpeCt of the company as required by section 386 of the 2006 Acl, or the accounts do not accord wilh those records; or the accounts do not comply with the accounting requifements of section 396 of the 2006 Act 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 the accounts have not been prepared in accoidance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have Come acr05s no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper undeistanding of Ihe accounts lo be reached. (JN¢co Joanna Roderick ACA WJ James & Co Bishop House 10 Wheat Street Brecon Powys LD3 7DG Date.. 11
KINGSMEADOW @ MADEFOREVER LTD STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE) YEAR ENDED 31 MARCH 2022 Unrestrl¢ted Funds Restricted Funds YEAR ENDED YEAR ENDED 31 Mar2022 31 Mar 2021 Note Incoming From: Donations other trading activities Charitable Aclivilies 2.865 43,901 4.000 2,865 43,901 143.473 1.733 15,168 132.822 139.473 Tolal Income 50,766 139.473 190.239 149,723 Expenditure On: Charitable activities 27,786 137.690 165,476 106.350 Total Expendllure 27.786 137.690 165.476 106,350 Net Incomel{expendilure) 22,980 1.783 24,763 43.373 Transfers between funds 14 2.944 (2,944) 25,924 (1,1611 24,763 43,373 Total funds at start of perlod 105.103 29.007 134,110 90.737 Total funds at end ol period 131.027 27.846 158.873 134.110 The Charty has no re¢ognised gains or losses other than the results for the year as set out above. All of the activilies of Ihe charity are classed as continuing The comparative funds are detailed in note 10 The notes on pages 14 to 23 forni part of these financial ststements 12
KINGSMEADOW @ MADEFOREVER LTD BALANCE SHEET AS AT 31 MARCH 2022 YEAR ENDED 31 Mar 2022 YEAR ENDED 31 Mar 2021 Not• Fixed Assets Tangible assets 11 68.596 72,693 Current Assets Deblors Cash al bank 12 3,848 87,249 91.097 1.201 61,189 62,390 Credltors . Amounts falllng due within one year Net Current Assets 13 (8201 90.277 973 61,417 Net assets 158.873 134,110 Funds Unrestrlcted funds Designated funds General funds Restricted fund$ 14 14 14 68.596 62.431 27,846 72.693 32,410 29.007 158,873 134,110 The company is enlilted lo exemption from audit under section 477 of Ihe companies Act 2006 for the year ending 31 March 2022 The members have not required the company to obtain an audit of its financial stalemenls for the year ending 31 March 2022 in accordance with Section 476 of the Companies AGI 2006. The Directors acknowledge their responslbilities for: a) ensuring that the company keeps accounting records which cornp with section 386 and 387 of the Companies Acl 2006 and b} preparing financial statements which give a true and fair view of the stale of affairs of Ihe company as al Ihe end of each financial peliod and of its profil OT loss for each financial period in accordance wilh th8 requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 206 relalinq lo financial slalements. so far as applicable to the companv. These financial statemenls have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and.vth the Financial Reporting Standard applicable in the United Kinqdom and Republic of Ireland IFRS102) These fina cial slalemenls were approved by the Iwstees on 2911112022 and are signed on ils behalf Lucie Martin- Chairperson COMPANY NUMBER:08126468 The noles on page5 14 to 23 forni part of these financial statements nes 13
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 1 Accounting poll¢ie$ la) Kingswmeadow @ Madeforever is a private company limiled by guarantee registered in EnglatKI and Wale5. In the evenl of the charity being wound up. the liability in respect of the guarantee is limited lo £1 per member of this charity. The address of the registered office is given in the chaiity information on page l of these linancial statements. The nature of the charity's operations and principal aclivily are given in Ihe Trustees. Report. The naluie of the charity's operation5 and principal aclivilies are aiven in the Trustees, Report. The Prlncipal accounting poli¢ie5 adopled, judgements and key sources of estimation uncertainty in the preparation of the financial slalemenls are as follows.. The charity consiftules a public benefit enlily as defined by FRS 102. The linancial 5talemenls have been prepared in a¢cordan¢e wrth Accounting and Reporting by Charities: Slatement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republi¢ of Ireland IFRS 102) issued on 16 July 2014 {as updaled though Update tsulleling 1 published on 2 Febwary 2016}. the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charit5 Acl 2011. the Companies Act 2006 and UK Generally Accepted Praclise as il applies form 1 January 2015. The charity has applied Update Bulleting 1 as published on 2 February 2016 and does not in¢lude a ¢ash flow slalernenl on the grounds that it is apptying FRS 102 Section 1A. There a no material uncertainties about the charitys ability to continue as a going concern, despite the significant uncertainty being caused by the worldwide COVID-19 crisi5. Whilst the Trustees expect there lo be an impact on Ihe charity's operation and reserves in the coming months and years. the charty has SLrfficienl reserves to be able to meet these Challenge5. The financial slalernenls are presented in slerfing which is the functional currencv of the charity and rounded to the neared £. (bl Income from donations is included in in¢oming SourCeS when these are recewabfe, except as follows.. l. When donors spe¢fy Ihal donalions given lo the charty must be used in future accounting periods, the income is deferred until Ihose periods.. 11. When donors impose conditions which have to be fuifilted before the charity becomes entitled to use such income, the income is deferred until the pre-condrtions have been mel. On receipt. donated goods are recognised on the basis of the values of the gift to the charity which is the amount the charity would have been willing to pay lo obtain goods of equivafent economic beneift on the open market., a correspondin9 amounl is then recognised in the expendrtUTe in the period of receipt. (cl Granls, includin9 grants for fixed assels. are recognised within Ihe accounts as they become receivable. Granls received in the accounting period in respect of fLrture accounting periods are deferred until those periods. All material 9ranls are disclosed in accordance with the Statement of Recommended Practice. Id) Legacies are accounted for wben Iheir receipt is certain and can be properly qUantffjd. (d) Resources expended.aTe accounted for on an accwals basis and have been classified under headings Ihal aggregate all costs related to the category. Resources expended are slated gross of VAT. (e) Fundraising costs are those incurred in running events lo raise fund5 and in seeking voluntary Contributions. They do not include the costs of disseminating infomialion in support of the charitable activrties. Support costs are those costs incurred directly in support of the objects of the charty- 11) Direcl ¢os15 are allocated on an actual basis to the a¢lNities. Support costs are allocated on the basis of actual use of the resources. Governance costs include the costs relate to meeting the conslilulional and slalutory requirements. 14
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 1 Accounting policies Ig) Deprecialton is calculated so as to write off the cost of an asset. less ils eslimaled residual value, over the useful economic life of that asset as follows.. Fittings and equipment- 25% reducing balance Leasehold Smprovements - The Shorter of the life of the leasehold impovement or Ihe remaining lemi of the lease. Perd of lease 21 years Fixed assets costing more than £500 have been capilalised at C05t. Igl Unre51ricted funds can be used in accordance wilh the charilable objects at the discretion of the Tfustees. (h) Reslricled funds can only be used for particular reslri¢ted purposes wrthin the objects of the charity- Reslriclions arise when specified by Ihe donor or when funds are raised for particulai restricled purposes. Expendilure which meets these cnteria is charged to the fund. together with a lair allocation of 5UPPOrt costs. Further explanation of the nature and purpose of each lund is included in the notes to the financial (i) Rentals under operaling leases are chaiged to the Statement of Financial activities as incurred. 2 Donations Forlhe year ended 31 March 2022 Unre$lri¢ted Restricted YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Donation Donations in kind 2.115 750 2.115 750 1,733 2.865 2.865 1,733 Forthe yearended 31 March 2021 Unrestricted Restricted YEAR ENDED YEAR ENDED 31 Mar 2021 31 Mar 2020 Donation 1.733 1.733 5.536 1,733 1.733 5,536 3 Income from Charitable Activities For the year ended 31 March 2022 Unrestrlcted Restrlcted YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Soulh glouce51er5hire Council Lloyds Bank Foundation National Lottery Community Fund DWP Kick Start Grant Priority Neighbourhood Work Developin9 Health South West Quartel Member Award Fund- Young People MemberAward Fund- Essential Support 29th May Trust Asda Foundation Garfield Weston Foundalion Government Granl- Employers Allowance 5.949 5.949 7,000 14.143 75.079 4.000 7,000 108.000 18,024 7.000 500 108,000 18.024 7,000 500 5,000 3,500 3.000 2,000 600 7,500 4,000 4.000 4.000 4.000 139.473 143,473 132,822 15
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 3 Income From Charitable Actlvlties (Continued) For the period ended 31 March 2021 Unrestricted Restricted YEAR ENDED YEAR ENDED 31 Mar2021 31 Mar 2020 South glovcestershire Council Lloyds Pank Foundation National Lottery Community Fund United Communities and Solon Housing As.. Priority Neighbotsrhood Work Quartet Member Award Fund- Young People Member Award Fund- Essential Support 29th May Trust Asda Foundation Garfield Weslon Foundation Goveinmenl 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 16,297 20,728 6,000 7.000 600 7.500 4.000 4.000 3,000 4,000 128,822 132.822 53,025 4 Other tradlng actlvllles Unrestricted Restricted YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Room Hire Café and Communty Shop sales Sundry Income 22.503 19.803 1,595 22.503 19,803 1,595 5.775 9,353 40 43.901 43.901 15,168 All income from other trading a¢ti¥ities in the perbtid to 31 March 2021 was out of unreslrided funds. 16
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 5 Expenditure from Charitable activlties Forthe yeartnded 31 March 2022 YEAR ENDED YEAR ENDED Wages & salarfes Dlrect costs 31 Mar 2022 31 Mar 2021 Community Hub Costs Community projects Governance 7.339 27,498 1.800 7.339 156,337 1,800 5,804 99.726 820 128.839 128.839 36.637 165,476 106,350 Allocation is based on actual cosls incurred For the perfod ended 31 March 2021 YEAR ENDED YEAR ENDED Wages & salaries Dlrect costs 31 Mar 2021 .31 Mar 2020 Community Hub Costs Community projeds 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 incurred 6 Governance costs Unrestrithd Restricted YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Accountancy and bookeeping fees Independent examination fee 1.500 300 1.500 300 520 300 1.800 1,800 820 All expenditure on governance costs in the period lo 31 March 2021 was out of unreslricled funds. 17
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 7 Net income for the year This Is stated after charging: YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Independent examinerfs fees for independent examination - for other accountancy services Depreciation TTUStees' remuneration Payment of Trustees. travel expenses nil12021.'NiD 300 1,500 4,097 300 520 2.943 8 Staff Costs and numbers The aggregale payroll costs were= YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Wages and salaries Social security costs Pension 120,385 6.607 1.847 76.766 4,964 1,398 128.839 83,128 No employee received emolumenls of more Ihan £60,000. The total employment benefrts received by key managemenl personnel in the year were £38,073 {2021.'£31.833). The average weekly number of employees during Ihe year, calculated on the basis of full lime equivalents, was as follows.. YEAR ENIDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Management Charitable activities 9 Taxation The charity is exempl from corporation lax on its charitable activities. 18
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 10 Comparatlve Statement ol Flnanclal Activlty flgures Unrestricted Funds Restricted YEAR ENDED Funds 31 Mar 2021 Incomlng.From: Donations Other trading activities Investments Charitable Aclivilies 1,733 15,168 1.733 15.168 4.000 128.822 132,822 Total Incomè 20.901 128,822 149,723 Expendlture On". Charitable aclwities 5,677 100.673 106,350 Totsl Expenditure 5,677 100,673 106.350 Nel In¢omellèxpenditure 15.224 28,149 43,373 Transfers betsveen funds 8.400 23.624 8,4001 19.749 43,373 Total funds at start of perlod 81,479 9,258 90.737 Total funds at end of perlod 105,103 29.007 134.110 11 Tangible flxed assets Leasehold Improvements Fittings & Equlpment Total Cost At 1 April 2021 77.716 16.432 94.148 Al 31 March 2022 77,716 16.432 94,148 Depreciation At 1 April 2021 Charoe for the year 7.401 3.701 14.054 396 21,455 4,097 At 31 March 2022 11.102 14,450 25,552 Net book value Al 31 March 2022 66.614 1.982 68,596 Al 31 March 2021 70.315 2,378 72,693 19
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 12 Debtors YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Aged Debtors Prepayments and accrued income 3.343 505 739 462 3.848 1,201 13 Creditors: amounts falling due wlthln one year YEAR ENDED YEAR ENDED 31 Mar 2022 31 Mar 2021 Other ¢ditOrS Accruals and deferred income 153 820 820 820 973 20
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 14 Movemenl In funds At Incomlng 01 Apr 2021 resources Outgoing resources At 31 Mar 2022 Transfers Restrlcted funds Priority Neighbourhood Work Heallh and Equalitiesmlellbeing Garfield Weslon Foundation Lottery Community Wellbeing Hub Lloyds - Covid Reacl Lottery- Covid 19 South Gloucester Council DWP Kick Start Grant Member Award Fund- Essential Support South Gloucester Council- Young People 7,000 15.7201 (1,280) 4.430 6.395 3.949 (5.978} 16.250) 2,401 11451 108.000 {86.664) 21,336 588 14.620 (588) 14311 15001 114.189) 500 18,024 {15,915} 12.974) 2.109 2.974 2,000 2,000 29.007 139.473 1137,6901 2.9441 27.846 Unrestricted funds Fixed asset designated fund General funds 72.693 32.410 (4,097) (23,689) 68.596 62.431 50.766 2.944 105.103 50,766 {27,786 2,944 131,027 Tolal funds 134.110 190.239 {165.4761 158.873 The transfer of £2,944 from unrestricted into the following restrted funds £1280 Priority Neighbourhood Work, £145 Garfield Weston Founation. £588 Lloyds (Covid Reacl). £431 Lottery (cov8 19) and £500 South Gloucester repsent project material, management and admin costs as a9reed per applicalKIn. 21
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 14 Movement In funds {continuedJ Prfor Yeai Comparative. At Incoming 01 Apr 2020 resources Outgolng resources At 31 Idlar 2021 Transfers Restrlcted funds 29th May Trust Priority Neighbourhood Work Health and Equalitieslwellbei Garfield Weston Foundation Lloyds- Your support Lloyds - Covid React Lottery- Covid 19 Uniled Communities and Solc Member Award Fund- Young Member Award Fund - Essen" Children and Young People Forever Friends Community Quartet 2.000 7,000 7.600 7,500 4.145 g,g98 75.079 4.000 3.500 3.000 [2,000) {7.0001 (3,170) (1.105) 14.145) (9,4101 160.459) (4,000) {3,500) 126) 6.230 16.230} 4,430 6,395 588 14,620 2,974 2.259 638 131 {2,259 220 11311 1858> (5,0001 5.000 9.258 128.822 1100,673 (8,4001 29,007 Unrestrl¢ted fvnds Fixed as5el designated fund General funds 75.636 5.843 12.943) (2.734) 72.693 32,410 20.901 8.400 81,479 20,901 15,677 8.400 105.103 Tolal funds 90.737 149,723 (106.350) 134.110 29th May Trust To support the prowsion of our"Crisis Prevention and Personalised Support Service Priorlty Nelghbourhood Work Funds lo support provision Kin95wood Connect quarteAy newsletters and partnership community activitie5 within the SGC priority neighbovrhood areas Garfleld Weston Foundatlon To support the provision of our CTiSiS Prevent and Personalised Support Service Lloyds Bank Foundatlon - Your Support These funds are provided to carry out the following services.. Crisis prevention, personalised emotional and piactical support services including employment support. Lloyd5 Bank Foundation - COVID 19 React Funds provided lo support costs associated with Covid-19 to help ensure the continuation of services despite the challenge5. National Lottery Communlty Fund- COVID 19 Funds provided to support costs associated wth CovKJ-19 to help ensure the conlinualion of servi¢es despile the challenges. .South Gloucester Councll - Young people This is funding received lo run young people meet up sessions al the K@M4E Community Hub. 22
KINGSMEADOW @ MADEFOREVER LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022 14 Movement In funds (¢ontinuedJ Health and Equalltiesl Wellbelng These are funds provided lo support the sel up of heakh and wellbeing programmes. courses. events, skiNs development and learning activities. tackling heatth and inequalities in the communty and supporting the priorty neighbourhood work. South Gloucester Council This is funding received towards the Community Brightside project. DWP Klck Start These are funds provided to create jobs for young people at risk of long-temi unempbyment and help then gel Iheir firsl steps on the jobs ladder. Lottery Communlty Wellbeing Hub Funds provided to support the Community Wellbeing Hub Services and Activities Unlted CommunllSes & Solon Ass Funds provided lo support the Forever Friends Community Café MAF - Essential Support Project Funds provived to support the Essential Support Service Forever Friends Community These are funds provided lo support the provision of social and physical actiwlies for eldedy people INing in isolation. Quartet Foundation Fund Funds provided to support the delivery of Communrty Wellbeing Hub Service and Aclivilies. 15 Analysis of unrestricted net assets At 31 March 2022 Tanglble Fixed assets Other Net assets Totsl Restrl¢t¢d funds Unrestrl¢ted fvnds 27.846 62.431 27,846 131.027 68.596 68,596 90.277 158,873 At 31 March 2021 Tanglble Fixed 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 16 Company limited by guarantee The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the membeTS is limrted to £1 each. 23