Registered number: 08389165 Charity number: 1151610 KIDS IN MIND (A Company Limited by Guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
KIDS IN MIND (A Company Limited by Guarantee) CONTENTS Page Trustees. Report Trustees, Responsibilitles Statement Independent Auditors, Report on the Flnancial Statements Statement of Flnancial Activities 9-12 13 Balance Sheet 14-15 Statement of Cash Flows 16 Notes to the Financial Statements 17-28
KIDS IN MIND IA Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 28 FEBRUARY 2025 The Trustees present their annual report together with the financial statements of the Kids in Mind for the year 1 March 2024 to 28 February 2025. The Annual Report serves the purposes of both a Trustees, report, under charity law, and a direclors, report under company law. The Trustees confirm that the Annual Report and financial statements of the Charitable Company comply with the current statutory requirements, the requirements of the Charitable Company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companie5 under the Companies Act 2006 (strategic Report and Directors, Report) Regulalions 2013 has been omitted. Objectives and activitles a. Overview Kids in Mind have had another successful year. Kids in Mind provided wellbeing services in domestic abuse refuges around the UK, to 988 Ghildren and 421 mothers. The feedback from refuge staff, mothers, and our own team of professional wellbeing practitioners has been extremely positive with numerous reports of children being much calmer and better behaved Safeguarding Disclosures Kids in Mind has experienced a notable number of disclosures from children throughout the year. These disclosures have provided refuge staff and social workers with important information, enabling them to strengthen safeguarding measures for the children under their care. This unexpected openness from the children has contributed significantly to their wellbeing. The increased level of communication has been instrumental in supporting the well-being and security of the children, further demonstrating the impact of Kids in Mind's programmes and collaboralive approach. Rotary Partnership As an official Rotary partner, Kim provided over 3000 festive toy boxes containing at least 8 brand new toys per box to children who escaped serious domestic violence and found sanctuary in a women's refuge. In addition, Kim provided a further 27,487 loose toys to other disadvantaged children. Rolary's involvement has also helped raise awareness of the needs of children affected by domestic abuse and supported the development of new iniliatives tailored to support their mental health and wellbeing. Through ongoing cooperation, Kids in Mind and Rotary continue to work together to maximise the positive outcomes for children and families recovering from the effects of domestic violence. Toy Trust There is substantial evidence to indicate that the provision of toys can have a significant and positive impact on the mental health and emotional wellbeing of disadvantaged children. Within the context of Kids in Mind's wellbeing programmes, and specifically play therapy, Comfort bears are utilised by our wellbeing practitioners as an essential tcol to foster trust, provide a sense of security, and offer comfort and distraction from the daily challenges faced by Ihe children in refuge. The Trustees wish to formally express their sincere gratitude to The Toy Trust for their generous ongoing support of this initiative. This thoughtful contribution has materially enhanced our ability to deliver therapeutic support and has played a vital rose in promoling a sense of safety and emotional stability for every child benefitting from our services. Page 1
KIDS IN MIND (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Objectives and activities (continued) Toy Partnerships We are also grateful for the remarkable generosity demonstrated by many of the industry toy companies, in particular Hasbro and Aurora, and Ihe kind-heaited contributors from the Olympia Toy Fair and Cash for Kids. These contributions made an extraordinary difference in the lives of children who during the festive season were unlikely to receive any other presents. We also received other significant contributions which were greatly appreciated. It is important to express our gratitude for the incredible support Hasbro has extended to us throughout the year. Their generosity has been instrumental in the success of our toy box and loose toy initiative, with donations of thousands of toys bringing joy to countless children. Beyond their toy donations. Hasbro has also gone above and beyond by connecting us with other like-minded companies and individuals, fostering a neork of support that is truly invaluable. Moreover, we were incredibly fortunate to be invited to participate as a partner charity in the Hasbro Global Day of Joy held each December. This opportunity has allowed us to further our mission and reach even more children in need. Further, the Hasbro team in Newport also demonstrated their commitment by volunteering their time and effort to assemble and pack an astounding 2000 toy boxes. Their dedication and hard work has made a significant impact to the children we support. We are deeply grateful for Hasbro's unwavering support and partnership. Their contributions have made a tangible difference in the lives of many, and we look forward to continuing this wonderful collaboration in the future. 11 is also important to mention the contribution of Yodel who kindly distributed our toy boxes to refuges around the country for no charge. b. Pollcles and objectives Vision.. Be the UK'S leading Charity bringing well-being and mental health support into the lives of disadvantaged children who have escaped serious domestic violence and found sanctuary in a Women's refuge. Mission: Through mental health and wellbeing programmes. Kids in Mind helps children to cope with the emotional and physical scars of domestic violence and to restore their wellbeing and self-esteem. It also pailnefs with other agencies and individual professionals to provide a holistic approach to mental health and wellbeing for domestic abuse victims. Kids in Mind believes that every child deserves a chance lo heal and thrive. Alm.. Year on year, through our services. provide mental health and wellbeing support to more disadvantaged children and young people who have escaped domestic violence and found sanctuary in a refuge or safe house. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charily Commission relating to public benefit, including the guidance 'Public benefit= running a charity (PB21'. Page 2
KIDS IN MIND (A Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 28 FEBRUARY 2025 Objectives and activities (continuedl c. Strategies for achleving objectives By the end of the financial year 2025126, Ihe charity will be supporting 250 individual refuge children through multiple well-being and mental health sessions. which aims to support, inform, inspire and provide coping strategies bespoke to the individual child. y the end of the financial year 2025126, provide online well-being training for volunteer helpers to conduct communal child-safe well-being activilies for refuge chiklren that reinforce coping mechanisms and strategies. By the end of 2025126, support 1000 refuge children with well-being andlor mental health sessionslworkshops. By the end of financial year 2025126. provide every child in a Kids in Mind supported refuge with specific individual toys aimed al supporting the wellbeing play therapeutic sessions. In partnership with Rotary, provKJe the opportunity for every child In refuge to receive a toy box during the festive season and provide administrative and financial support for the Rotary Children's Fun Day. d. Activities undertaken to achieve objectives Building a network of professionals and volunteers who are trained and supported in providing well-being and mental health support to children in refuge. Working closely with other mental health and wellbeing children's charities. Source free or heavily discounted toys 8nd games to provide fun activities within refuge. Work closely and gain partnerships with corporate companies and organisations such as Rotary in order for them lo provide volunteering time to support the children, refuge and well-being sessions. Kids in Mind will be providing wellbeing and mental heallh support. art therapy. music therapy and play therapy sessions into refuges. Domestic abuse Is a widespread issue that can have devastating and long-lasting effects on ils victims. 11 can have a particularly severe impact on children who witness andlor experience abuse in the home Women's refuges provide a safe haven for women and children escaping domestic abuse, but these children need additional support to help them overcome the trauma they have experienced. The NSPCC state that one in five children in the UK has been exposed to domestic abuse, and this exposure can result in long-teim emotional, psychological and behavioural problems. According lo Birmingham Crisis Centre, over 500/0 of children that have found sanctuary in a Women's Refuge have personally suffered abuse {mainly sexual) - 700/¢J at the hands of their father. Children that have suffered sexual abuse and have gone through the refuge system have the highest rate of suicide, excluded from school and runaways of any group. Between 2010 and 2012, due to council funding difficulties. the first casualties were Ihe funded children workers in refuge., unfortunately, in 2020, the impact of Covid again impacted on funding streams, which resulted in a further reduction in the number of children workers in refuge. As of 2023, the number of refuges providing mental health or well-being support for the children has dramatically fallen to around 300/0 of refuges,. this is an area that needs urgent attention. Page 3
KIDS IN MIND (A Company Limited by Guaranteel TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Objectives and activities (continued) e. Refuge Children Children who have experienced domestic abuse often suffer from a range of mental health issues, including anxiety, depression, post-traumatic stress disorder (PTSD), and behavioural problems. These children also struggle wilh trust issues, have difficulty forming attachments and with school and social relationships, and struggle with self-esteem and self-worth. Domestic abuse can also affect children's physical health, including causing sleep disturbances, eating problems, and increased susceptibility to illness. Living in a women's refuge can be a significant change for children who have fled abusive households, and the transition causes additional stress and anxiety. Children in these situations may feel isolated from their peers, have difficulty adjusting to new routines and rules, and may feel unsafe or unsure of their new environment. They may also feel guilt or responsibility for the abuse that they have witnessed or experienced. Type 3 complex trauma which affects most of the children in domestic abuse refuges, refers to prolonged and repeated exposure to traumatic events. For children who have suffered domestic abuse, this form of trauma is particularly relevant. The cumulative impact of type 3 complex trauma leads to profound disruptions in a child's development. Kids in Mind focuses on targeted therapeuts'c crisis recovery which is the first stage lo trauma recovery and is vital for their future well-being. Refuges offer practical support such as temporary accommodation, safety planning, and access lo legal and financial advice. However, children in women's refuges also need emotional support to help them overcome the Irauma they have experienced. f. The Importance of Mental Health Support Mental health and wellbeing support is essenlial for children who have experienced domestic abuse. A recent report by Women's Aid found that children living in women's refuges are more likely to experience mental health issues such as depression and anxiety than their peers. The report also found that children who have experienced domestic abuse are at increased risk of developing mental health problems in later life, such as post-traumatic stress disorder (PTSD). Mental health and wellbeing support can help children to process their experiences and emotions, build resilience, and develop coping strategies. This support can take many forms, including one-to-one counselling, group therapy, and non verbal sessions such as music, drama, play, art etc. The Women's Aid report recommends that all children living in women's refuges should have access to mental health and wellbeing support. g. The Benefits of Well-being Sessions Well~being classes, such as yoga and mindfulness, are also beneficial for children who have experienced domestic abuse. These classes can help children to regulate their emotions, duce stress and anxiety, and improve their overall well-being. A recent reFM)rt by the Centre for Mental Health found that yoga can be particularly effective for children who have experienced trauma, as it can help them to feel more grounded and present in their bodies. The Women's Aid report recommends that women's refuges should provide a range of well-being classes for children, including yoga, mindfulness. and other forms of exercise. These classes can be delivered by trained professionals or volunteers and Gan be tailored to the needs of individual children.. Page 4
KIDS IN MIND (A Company Limited by Guarantee} TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 Objectives and activities (continued) h. Main activitffies undertaken to further the Company's purposes for the public benefit The Trustees follow the Charity commission guidance on public benefit and use holistic approach to encapsulate the types of activities provided. The Trustees have paid due regard to guidance issued by charity commission in deciding what activities the Company undertake. i. Partnerships The Trustess intend to partner organisations that will support our wellbeing and mental health services. Achlevements and performance a. Main achievements of the Company Professional wellbeing practitioners h3ve incorporated practical coping strategies in their sessions, which have helped to equip children with tools to manage stress, process emotions and build resilience. In addition to the work of professional wellbeing practitioners, the provision of volunteering Support has enabled Ihe delivery of a variety of sessions within the refuge environment. These sessions are specifically designed for children with type 3 complex trauma and include activities such as yoga, art, music, and play. By offering a diverse range of creative and therapeutic oppoilunities, these sessions aim to foster emotional expression, promote relaxation, and support the overall well-being of the children. All sessions incorporate practical coping strategies, equipping children with tools fo manage stress, process emotions and build resilience. Financlal review a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For thi5 reason, they continue to adopt the going concern basis in preparing the financial slalements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy By the end of financial year 2027128. to hold a reserve lo meet the more robust Charity Commission's recommended policy of 6 months staff costs, funds to meet a year's children'5 services and the loss of a major fund-raising event. Adopting this policy will ensure we meel the Charity Commissions latest policy advice to 'hold not too much or too little reserves. Page 5
KIDS IN MIND {A Company Limited by Guaranteel TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2025 c. Principal funding The principle funding sources were income generated through fundraising and significant in kind support. Medium term funding by the Philip Gower Foundation has been secured to support staff costs which in turn enables the delivery of wellbeing and mental health services. Structure, governance and management Constltution Kids in Mind is registered as a charitable company limited by guarantee. b. Methods of appolntment or election of Trustees The management of the Company is the responsibility of the Trustees. G. Flnancial risk management The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company. and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. Reference and administrative details of the Company, its trustees and advisers Trustees Simon Mann, Chairman Christina Beaver Andrea Margolin Air Commodore Gordon Moulds CBE DL (RAF Rtd) Chris Osborne Kevin Mack Anthony Metzer KC (appointed 3 February 2025) Chris Lavender (resigned 7 February 20251 Company registered number 08389165 Charity registered number 1151610 Registered office Unit 13 Breasy Place Burroughs Gardens Hendon London NW4 4AT Chief Executive Officer Julian Margolin MBE Page 6
KIDS IN MIND (A Company Lbmited by Guarantee) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 28 FEBRUARY 2025 Independent audllors Milton Avis LLP Chartered Accountant 120 Baker Street London W1U 6TU Disclosure of information to auditors Each of the persons who are Truslees at the lime when this Trustees. Report is approved has confirmed that.. so far as that Truslee is awar8, there is no relevant audit infomiation of which the charity's auditors are unaware, and that Trust88 has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that Ihe charitys auditors are aware of that informalion. Audltors The auditors, Milton Avis LLP, have indicated their willingness to continue in office. The designated Trustees wlll propose a motion reappointing the auditors at a meeting of the Truslees. Approved by order of the members of the board of Trustees on 22 October 2025 and signed on their behalf by.. Simon Mann Chairman Page 7
KIDS IN MIND (A Company Limited by Guarantee STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 28 FEBRUARY 2025 The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial . 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 Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP {FRS 102),. make judgments and accounting estimates that are reasonable and prudent. state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements: prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 8
KIDS IN MIND IA Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF KIDS IN MIND Opinion We have audited the financial statements of Kids in Mind (the 'Charit2ble Company,) for the year ended 28 February 2025 which comprise Ihe Statement of Financial Activities, the Balan Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, {Uniled Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the Charitable Companls affairs as at 28 February 2025 and of its incoming resources and application of resources. including its income and expenditure for the year then have been properly prepared in accordance with United Kingdom Generally Accepted Accounling Practice., and have been prepared in accordance with the requirements of the Charities Act 2011. Basls for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKII and applicable law. Our responsibilities under those standards are furiher described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the Charitable Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirement5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in Ihe preparation of the financial statements is appropriale. Based on the work we have performed, we have not identified any material uncertainlies relating to events or conditions thal, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least Ie1ve months froin when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. Page 9
KIDS IN MIND (A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF KIDS IN MIND {CONTINUED) other information The other information comprises the information included in the Annual Report other than the financial statemenls and our Auditors, Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except lo the extent otheNise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent wilh the financial statements or our knowledge obtained in the course of the audit, or othewise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that facL We have nothing to report in this regard. Matters on which we are requlred to report by exceptlon We have nothing to report in respect of the following matters where Ihe Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: the information given in the Trustees, Report is inconsistent in any material respect with the financial statements., or sufficient accounting records have not been kept., or the financial statements are not in agreement with the accounting records and returns., or we have not received all Ihe information and explanations we require for our audit. Responsibilitles of trustees As explained more fully in the Trustees, Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparats'on of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ablllty to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Page 10
KIDS IN MIND (A Company Limited by Guarantee INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF KIDS IN MIND {CONTINUED) Audilors, responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Acl 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS {UK) will always detect a material misstatement when it exists. Misstatemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence Ihe economic decisions of users taken on the basis of these financial slatements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect malerial misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below., We gained an understanding of the legal and regulatory framework applicable to the charitable company and industry in which the Charitable Company operates focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The Saws we considered in this context were the Charities Act 2011 together with Charities Statement of Recommended Practice (FRS102} 2019. We considered compliance with this framework and performed audit procedures on these areas as considered necessary. In addition we considered provisions of other laws and regulations that may or may not have a direct effect on the financial statemenls but compliance with which might be fundamental to the Charitable Company's ability to operate or to avoid a material penalty. We also considered opportunities and incentives that may exist within the charitable company and the group for fraud. The laws and regulations considered in this context we the Companies Act 2006, General Data Protection Regulation (GDPR), Anti-fraud, bribery and corruption legislation. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enqLFiry of the Tru51ees and other management and inspection of regulatory and legal correspondence. if any. Our procedures involved enquiries with management, review of the reporting to the directors wilh respect to compliance with laws and regulation, review of board meeting minutes and review of legal correspondence. We identified the greatest risk of material impact on the financial slatements from irregularities, including fraud, to be within the recognition of donation income and override of controls by management including significant estimates and judgements. Our audit procedures to respond to these risks included, but were not limited to.. agreement of the financial statement disclosures lo underlying supporting documentation; enquiries of management- testing ofjournal postings made during the year to identify the potential management override of controls. review of minutes of board meetings throughout the period. and Obtaining an understanding of the control environment in monitoring compliance with laws and regulations. Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatemenl due to fraud is higher than the risk of not detecting one resulting from error. as fraud may involve deliberate Concealment by, for example for9ery, misrepresentations or through collusion. There are inherent 5imit2tions in the audit procedures performed and the further removed non compliance with laws and regulations is from the events and transactions reflected in the financial statemenls, the less likely we are to become aware of it_ Page11
KIDS IN MIND (A Company Limited by Guarantee INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF KIDS IN MIND (CONTINUED) Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including those leading to a material mi5Stalement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion. omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: wwi.frc.or .uklauditorsres nsibilities. This description forms part of our Auditors, Report. Use of our rèport This report is made solely to the Charitable CoMpanS truslees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charitable Company's trustees those matters we are required to stale to them in an Auditors, Report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the Charitable Company's and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed. Stephen Sampson {Senlor Statutory Audltor) for and on behalf ol Milton Avis LLP Chartered Accountant 120 Baker Street London W1U6TU 22 October 2025 Milton Avis LLP are eligible to acl as auditors in terms of section 1212 of the Companies Act 2006. Page 12
KIDS IN MIND {A Company Limited by Guarantee STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 28 FEBRUARY 2025 Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Tofal funds 2024 Note ncome from: Donations and legacies Other trading activities Investments 182,630 1,321,981 132,564 755 1,504,611 132,564 755 398,079 Total Income 182,630 1,455,300 1,637,930 398,079 Expenditure on: Raising funds Charitable activities 79,540 839,041 79,540 905,063 162 22, 773 66,022 Total expenditure 66,022 918,581 984,603 22,935 Net movement in funds 116,608 536,719 653,327 375, 144 Reconciliatlon of funds: Total funds brought forward Net movement in funds 438,314 536,719 438,314 653,327 63,170 375, 144 116,608 Total funds carrled forward 116,608 975,033 1,091,641 438,314 The Statement of Financial Activitie5 includes all gains and losses recognised in the year. The notes on pages 17 to 28 form part of these financial statements. Page 13
KIDS IN MIND (A Company Limited by Guarantee) REGISTERED NUWfjBER: 08389165 BALANCE SHEET AS AT 28 FEBRUARY 2025 28 February 2025 29 February 2024 Note Fixed assets Tangible assets Investments 12 13 584 100 684 Current assets Stocks Debtors Cash at bank and in hand 14 782,705 23,541 306,888 309,946 15 128,368 1,113,134 438,314 Current liabllitles Credltors: amounts falling due within one year 16 122,177) Net current assels 1.090,957 438,314 Total net assets 1,091,641 438,314 Charity funds Restricted funds Unrestricted funds 17 116,608 975,033 17 438,314 Total funds 1,091,641 438,314 Page 14
KIDS IN MIND (A Company Limited by Guarantee) REGISTERED NUMBER: 08389165 BALANCE SHEET (CONTINUED) AS AT 28 FEBRUARY 2025 The enlity was entitled to exemption from audil under section 477 of the Companies Act 2006. The members have nol rèquired the entity to obtain an audit for the year in question in accordance with seclion 476 of th8 Companies AGI 2006. However, an audit is required in accordance with section 144 of th8 Charities Act 2011. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial slatements. The financial statements have been prepared in accordance with the provisions applicable to enlilies subject to the small companies regime. The financial statements were approved and authorised for issue by the Truslees on 22 October 2025 and Signed on their behalf by.. Slmon Mann Chairman Christina Beaver Trust88 The notes on pages 17 to 28 form part of these financial statements. Page 15
KIDS IN MIND (A Company Limited by Guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 28 FEBRUARY 2025 2025 2024 Note Cash flows from operating activities Net cash used in operating activities 19 191,768 74,918 Cash flows from investlng actlvities Purchase of tangible fixed assets Purchase of investments 1730) 112,5181 Net cash {used inllprovided by investing activities (13,248) Change In cash and cash equivalents In the year Cash and cash equivalents at the beginning of the year 178,520 74,918 53,450 128,368 Cash and cash equlvalents at the end of the year 20 306,888 128,368 The notes on pages 17 10 28 ft)rm part of these financial statements Page 16
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 General infom)ation The Charitable Company is incorporated in the UK with its registered office at Unit 13 Breasy Place Burroughs Gardens, Hendon, London NW4 4AT. The Charitable Company is limited by guarantee, not having share capital. The Chartiable Company is a charity providing support to children suffering from domestic abuse. Accounting policles 2.1 Basis of preparation of financlal statements The financial statements have been prepared in accordance with the Charities SORP {FRS 102) Accounting and Reporting by Ch2rities.' Statement of Recommended Practice applicable to charilies preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Kids in Mind meets the definition of a public benefit entity under FRS 102. Assels and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accou nting policy. 2.2 Income All income is recognised once the Charitable Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income reGeived for specific purposes but not expended during the period is shown in Ihe relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where enlitlemenl occurs before income is received, the income is accrued. Gifts in kind donated for distribution are included at valuation and recognised as income when they are recieved. Gifts donated for resale are included as income when they are sold. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 2.3 Expenditure Expenditure is recognised once there 15 a legal or constructive Dbligation to transfer economic benefit lo a third party, it is probable that a transfer of economic benefits will be required in settlement and the amounl of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct Costs attributable to a single activity are allocated directly to that activity. Shared cosls which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned belmeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges allocated on the porh'on of the asset's use. Page 17
KIDS IN MIND IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Accounting policies lcontinued) 2.3 Expenditure (continued) Expenditure on raising funds includes all expenditure incurred by the Charitable Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non- charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitable Company's objectives, as well as any associated support costs. 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charitable Company,. this is normally upon notifi'cation of the interest paid or payable by the institution wilh whom the funds are deposited. 2.5 Tangible fixèd assets and depreciation Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset into its intended working condition shou5d be incSuded in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their eslimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Office equipment 2.6 Invèstments Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on investments, in the Statement of Financial Activities. Investments in subsidiaries are valued at cost. 2.7 stocks stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stOGks. 2.8 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 18
KIDS IN MIND (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Accounting pollcies (continued) 2.9 Cash at bank and in hand Cash at bank and in hand includes cash with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.10 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet dale as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. 2.11 Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the genera5 objectives of the Company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged againsl the specific fund. The aim and use of each resliicted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Income from donations and legacles Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Donations Philip Gower Foundation Gift Aid 82,630 100,000 1,316,142 1,398,772 100,000 5,839 5,839 182,630 1,321,981 1,504,611 Unrestricted funds 2024 Total funds 2024 Donations Grants 348, 079 50,000 348,079 50,000 398,079 398,079 Page 19
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Income from other trading activities Income from fundraising events Unrestricted funds 2025 Total funds 2025 Total ftinds 2024 Fundraising from FoLJndations 16,526 16,526 Income from non charltable trading actlvities Unrestricted funds 2025 Total funds 2025 Tolal funds 2024 Minor Event Income Sales of Merchandise 100,705 15,333 100,705 15,333 116,038 116,038 Investment income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Cash inlerest income 755 755 Page 20
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2025 Total funds 2025 Costs of Donation Income 79,540 79,540 Unrestricted funds 2024 Total funds 2024 Costs of Donation Income 162 182 Analysls of expendlture on charitable activities Summary by fund type Restricted Unrestricted funds funds 2025 2025 Total 2025 Cost of Events and Support Costs Cost of Merchandise 62,035 3,987 793,953 45,088 855,988 49,075 66.022 839,041 905,063 Page21
KIDS IN MIND {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Analysis of expenditure on charitable activities (continued) Summary by fund type (continued) Unrestricted funds 2024 Total 2024 Support Costs Cost of Activities 13, 783 8,990 13, 783 8,990 22, 773 22, 773 Analysi5 of expenditure by activities Activitles undertaken directly 2025 Support costs 2025 Total funds 2025 Support Costs Cost of Merchandise 816,827 49,075 39,161 855,988 49,075 865,902 39,161 905,063 Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Support Cost5 Cost of activities 2, 220 8,990 11,563 13,783 8,990 11,210 11,563 22,773 Auditors, remuneration The audilors, remuneration amounts to an auditor fee of £12,500 (2024 - £4,200>. Page 22
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 10. Staff costs 2025 2024 Wages and salaries 4,000 4,000 The average number of pefsons employed by the Charitable Company during the year was as follows: 2025 2024 No. No. Admin No employee received remuneration amounting to more than £60,000 in either year. 11. Trustèes, remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 - £NIL), During the year ended 28 February 2025, no Trustee expenses have been incurred (2024- £NIL). 12. Tanglble fixed assets Office equipment Cost or valuation Additions 730 At 28 February 2025 730 Depreciation Charge for the year 146 At 28 February 2025 146 Page 23
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 12. Tangible fixed assets {continued Office equipment Net book value At 28 February 2025 584 At 29 February 2024 13. Fixed asset investments Investments in subsldlary companies Cost or valuation Additions 100 Al 28 February 2025 100 Net book value At 28 February 2025 100 Principal subsldiaries The following was a subsidiary undertaking of the Company: Name Class of shares Holding Included in consolidation Kids in Mind Trading Ltd Ordinary 1000/0 Yes Page 24
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 14. Stocks 28 February 29 February 2025 2024 Stocks 782,705 309.946 All stocks are held by the charity and comprise of donated toys. 15. Debtors 28 February 29 February 2025 2024 Due wlthin one year Trade debtors Other debtors Gift aid recoverable 1.000 20,938 1.603 23,541 16. Credltors.. Amounts falling due within one year 28 February 29 February 2025 2024 Trade creditors other creditors Accruals and deferred Income 1,771 306 20,100 22,177 Page 25
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 17. Statement of funds Statement of funds - current year Balance at 28 February 2025 Balance at 1 March 2024 Income Expenditure Unrestricted funds 438,314 1,455.300 (918,581) 975,033 General Funds Balance at 28 February 2025 Balance at 1 March 2024 Income Expendlture Restricted funds 182,630 (66,0221 116,608 Restricted Funds Total of funds 438,314 1,637,930 <984,603) 1,091,641 statement of funds - prior year Balance al 1 March 2023 Balance al 29 February 2024 Income Expendifure Unrestricted funds General Funds 63,170 398,079 (22,935) 438,314 Page 26
KIDS IN MIND {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 18. Analysis of net assets between funds Analysls of net assets between funds- current year Restricted Unrestricted Total funds funds funds 28 February 28 February 28 February 2025 2025 2025 Tangible fixed assets Fixed asset investments Current assets Creditors due within one year 584 100 996,526 (22,177> 584 100 1,113,134 122,177 116,608 Total 116,608 975,033 1,091,641 Analysis of net assets between funds - prior year Unrestncfed Total funds funds 29 February 29 February 2024 2024 Current assets 438,314 438,314 Total 438,314 438,314 Page 27
KIDS IN MIND (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 19. Reconciliatlon of net movement in funds to net cash flow from operating activities 28 February 29 Febnjary 2025 2024 Net income for the year (as per Statement of Financial Activities) 653,327 375, 144 Adjustments for: Depreciation charges Increase in stocks Decre8sel{increase) in debtors Increase in creditors 146 (472,759) (11.123) 22,177 (309, 946) 9, 720 Net cash provlded by operating actlvities 191,768 74,978 20. Analysis of cash and cash equlvalents 28 February 29 February 2025 2024 Cash in hand 306,888 128,368 Total cash and cash equivalents 306,888 128,368 21. Analysls of changes in net debt Acguisition and Other non- At 1 March disposal of cash 2024 Cash flows subsidiaries changes At28 February 2025 Cash at bank and in hand 128,368 191,768 {12.518) 1730 306,888 Page 28