2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1159152 ort eTru tees a nauditod Finan I Statements rthey rEn arch 02 sher Tr st 2 14 Wheeler & Co Ltd Chartered Accountants The Shrubbery 14 Church Str¢et WhI￿hUrrh Hampshire RG28 7AB

The Ki sher Trust 2014 ntents of the Financlal Slatements for the Year Ended 31st Mareh 2024 Page Report the Trustees Independent Examiner's Report Statement of Financial Aetivitles Statement of Flnanclal Posltlon Notes to the FInancI￿ Statements 7 to 12 Delalled Statement of Flnanclal Actlvldes 13

he Kin h rT￿￿t2 R ort of the Trustees fdr nded 31st March 2024 fort The tn￿tee$ present their r¢port with the financi￿ statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charitics: Statement of Recommended Prnctice applicable to charities preparing their accounts in accord2nce with the Financial Reporting Standard applicable in the UK and Republic of Irelaftd (FRS 102) (effective l January 2019). OBJEcfivES AIYD AcfiviTIES Objectives and aim$ To promote the welfare of the si¢k. handicapped and aged who are resident in tbe Overton. Whitchurch, St Mary Bourne and surrounding arw of North Hampshire, in any manner which now or hereafter may be de¢m¢d by law. to be charitable by the provision and operation of a day centre. which shall be known as "The Kingfither Day Centre" Signiflcant aetlvities The Tnjst provides day care for frail elderly people to enhance the quality of th¢iT lives, to ¢nable them to live independently and to give respite to their caret3. A lunch Club is also provided to promote wider community engagem¢nt. Most service users are collected fiDm their homes and arrive at the centre in the charity's customirf disabled accessible minibus. The charity provides a wide range of group and individual activities and personal care during the day within a safe. relaxed and friendly family environm¢nt. The day centre has a lounge, a dining rwm, an ared for arts and cratw a quiet room and a kitchen. In addition there are wellquipped shower and toilet facilities. includtng two wet Tooms with wheelchair access. All areas have tren adapted for easy aC￿$S by our se￿]Ce users. Publle benellt The Truslees have given serious considerdtion to the Charity Commission's 8eneral guidan¢¢ on public benefit when rcviewing the trust's aims, objectives and in planning activities. This year publi¢ benefit has been achiev¢d by enhancing the lives of our scrvice users by thc provision of support services. ACHIEVEMENT AND PERFORMANCE Thi% financial year has 8een a shift away from the turbulence of the pandemic and extreme energy costs into a more settled time. We have increased our daily numbers significantly this year. We have helped over 75 families and have noticed our present cohort are staying for a longer amount of time. In the year poqt pandemic, we had a significant niiinber of smiice users who WTived at the centre and attended for less than 6 months, this trend has been reversed, ihankfully. and w¢ are now supporting people For a longer amount of time whi¢h means we ate ablc to develop relationships with. and between service users. Somcthing that was always achilvable before the pandemic. Although this year we still were not able to break even, we were able to close the gap. so we are on course to reach the breakeven point during the 2024 12025 financial year as per our post￿0VId plan. While we have been in¢re&sing our service user numbers. we have also concentrated on fundraising. We had our 1st juinble sale in March and were tL'mpordry residents in the ItKal charity shop which was also very succe55ful. We have also been cffectivc when applying for grdnts., all ensuring wc are on a ￿uch more stabl¢ financial footing going fonvard. There were lols of celebrationg this year which we embraced. These included the King's Coronation. the Grand National and a host of other 'special days,. It was such a joy to get back to meeting people in person. The coffee afternoons, have proved very popular as, ￿Ople have been more willing to get out and abouL which has not only increased the wellbeing of our service users but their families and friend5 too. We hope to Continue to build on these new community links and re*stablisb our pre-pandemic ones, but it all takes time, mrtedly more lime than we PTedi¢teLL We have been able to offer wotk placements to students again this year, something that we would like to Continue moving forward. The cor￿eCtiOnS made between our service users and the younger work experience students has been very valuable to both ages groups. We ￿Ma1ft positive about the need for our service and the quality of staff and activities on offer. Finally, I would like to thank all the staff and volw)teers for their continued dedication. Nicola Smith OUT manager for the last 18 years bas decAded to retire and our search for her replacement began in January. We wish ber well and look fonvard to a new erd at the centre. Page I

The Kin her Trust 2014 Re rt of the Trustees Year En ed 315t Ma￿h 2024 or FIIYANCIAL REVIEW Financlal positlon The Trustees ljavc woikcd very hard tu ellsu￿ the charity holds Tesaves amountlng to between six and nine months, average expenditure plus the amount required to fund staff redundanry payments in the event of the closure of the Day Centre. This year has scen a r¢duclion in our reserves which is due to the prolonged pressures on the ¢ost of heating and food, and the reduction of setvice user numbers after the pandernic. The Trustees are well aware it may take a number of years to rebuild our rtnancial cushioD, but the very fact we had reserves h8s meant we are able to continue providing our services during this turbulent time. Total funds ca￿led forward at 31 MarL'h 2024 st(H)d at £277.909 of which £83,460 was represented by our inalienable leased propety. The lrnsle¢s have no discretion over this fixed asset $0 it does not fom part of the reserv¢s policy. The ongoing inflation incTeases and the reduced attendance has meÉint that we have inevitably used a small amount of our reserves in the year 2023 to 2024 but plan to break even in 2024 to 2025. as we Continue to believe that the charity can continue as a going concern. STRUCTURE, GOVERNANCE AND MANAGEMENr Governlng doeument The ¢harity is controlled by a 8oveming Constitution adopted on I Ith November 2014 is registcr¢d as a charitable incorporated organisation under the Charities Acts. The charity was first created in 1984. the constitution is wichanged but the governance was modernised in 2014. Organis4llonal structhre Undcr the auspices of a board of 6 unpaid Trustees and the Charity Commission, the day to day running of the centre 15 the responsibility of a paid Manager. who is assisted by paid part-time staff and numerous voluntect3. The charity also works closely with professional health workers, health agen¢ie8 and other voluntary and cornmunity organisations. Rlsk management The InLStees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in placc to pn)vide re&50n&ble assurance against fraud and etTor.Policies and procedures are regularly revicwcd and updated. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 1159152 PrinclpAI Address Kingfisher Day Centre Laverstoke L￿]e Laverstoke Whitchurch Hampshire RG28 7NY Trustees Adrian Peter Lewis Ruth Knight Sheila Glyn-owen Batry Jacknian John Walerer Jane McKeDzie Alan Stevens Chairnian Vtc¢ Chairnwi - resigncd 17th January 2024 Page 2

The Kin sher Tr st 2014 ort of the Tru8ttts for the Year Ende 31st March 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Kevin Wheeler FCA Wheelcr & Co Ltd Chartered Accountants The Shrubbery 14 Church Street Whitchurch Hampshi RG28 7AB Approved by order ofthe board of tnjstees on ..............................,.............. and signed on its behalf by.. A P Lewis - TnLStce Page 3

t Examiner's Re orttoth T The Kin risher Tru t 2014 stees of Independent examiner's report to the trnstees olThe Kingfisher Trnst 21114 I report to tbe charity trustees on my examination of the accouuts of Th¢ Kingfisher Trust 2014 (the Trust) for the year ¢ndcd 3 1st March 2024. Responsibilitics and basis of report As the clwity tsustees of the Trust you are regponsible for the preparation of the accounts in accordance with th¢ requirements of the Charities Act 2011 ('the Act'}. I report in respect of my examination of the Trust's a¢¢ounts caried out under Section 145 of the Act and in wing out my examination I have followed all applicable Directions given by the Charity Con)mission under Section 145{5)(b) of tbe Aci. Independent examlner's Statement I have completed my examination. I cotffirn that no material matters have come to my attention in connection with the examination giving me cause to believe that in any malerial respect.. accounting record5 were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with thos¢ record5; or the accounts do not ¢omply with the Bpplicable requirements concerning the form and ¢ont¢nt of accounts sct out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that tbe accounts give a 1rn¢ 8nd fair view which is not a matty con¥idered as part of an indep¢ndcnt examination. I have no concerns and have come a¢ross no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ILevin Wheeler FCA Whccler & Co Ltd Chartered Accountants The Shrnbbery 14 Chirch Street Whitchurch Hampshire RG28 7AB Page 4

The Kln h r Trust 2014 Statement Df Finaneial Activiti f rthe Year Ended 31

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31.3.24 Total funds 31.3.23 Totsl fun(L8 Unrestricted funds Restricted fimd Notes INCOME AND ENDOWMENTS FROM Donations and legacies 13,053 13,053 17,500 Ch*ritable acdiqties In furtherance of the ¢harity's objectives 178.834 178,834 152,461 Investment incom¢ 3.228 3.228 1.069 Total 195,115 195.115 171,030 EXPENDITURE ON Charltable 8ctivltie8 In fijrtherdnce of the charity's objectives 218.702 218,702 212,463 NET INCOMEI(EXPENDITURE) Transfers behveen funds (23,587) 95 (23,587) (41,433) 13 (95) Net movement In funds (23,492) (95) (23,587) (41.433) RECONCILIATION OF FUNDS Total fwids broughi forward 301,401 1,035 302,436 343,869 TOTAL FUNDS CARIUED FORWARD 277,909 940 278,849 302,436 The notes fonD part of these financial statemellts Page 5

The Kin er Trust 2014 Slatement of Finanelal Position 315t March 2024 31.3.24 Total fLmds 31.3.23 Total fimds Unrestricted Restricted fijnd Notes FIXED ASSETS Tangible assets io 102,085 102.085 120.115 CURRENT ASSETS Debtors Cash at bank and in hand 8.799 170.599 8,799 171,539 6.482 180.906 940 179.398 940 180.338 187,388 CREDITORS Amounts falling due within one year 12 (3,574) (3,574) (5,067) NET CURRENT ASSETS 175,824 940 176,764 182,321 TOTAL ASSETS LESS CURRENT LIABILITIES 277.909 940 278,849 302,436 NET A￿ETs 277,909 940 278,849 302,436 FUNDS Unrestricted funds: General fund Long leasehold p￿mISeS 13 194,449 83,460 211,081 90,320 277.909 301,401 Restri¢ted funds 940 1,035 TOTAL FUIYDS 278,849 302,436 The financial statements were approved by the Board of Trustee5 and authorised for issue . and were signed on its behalf by: on A P Lewis - Trustee The noles forn] part of these financial statcmcnts Page 6

eKin er Trust 2014 Notes to the Financial Statements orthey ded31 tma h 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The fman¢idl statements of the charity. which is a public benefit entity under FRS 102, have been prepa￿d in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Chwities: Statement of Recornm¢nded Practice applicabl¢ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} {effectivc l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost conv¢ntion. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be Me￿ured reliably. Expendlture Liabilities are recognised &8 expenditure as soon as there is a legal or constructive obligation committing the ¢harity lo that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of thc obligation can b¢ measured reliably. Expenditurc 15 accounted for on an aecrnals basi8 and ha8 been classified under headings that aggregale all cost related to the category. Where costs cannot b¢ directly attrtbuted to particular headin¥s they bave been allocated to activities on a basis consistent with the use of resources. Tanglble flxed assets Depreciation 18 provided at the followtng annual rntes in order to MTite off each asset over its estimated useful life. Long leasehold Fixtures a￿d fittings Motor vehi¢les in accordance with the propety 15/0 oncosl 250/0 OT] cost Taxation Th¢ charily is exempt from tsx on its clwitable atitivities. Fund 8e¢ountlng Unrestrictsd funds can be used in accordance with the chatitable objectives at the discretion of the trnstees. Rcstricled funds can only be used for particular ￿strICted purposes within the objccts of the charity. ReslTictions rtse when specified by the donor or when funds are raised for partiLular restricted purposes. Further explanation of the nature and purpose of each fund is included in the note5 to the financial 5tstements. DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations Gift aid 13,053 15,972 1,528 13.053 17,500 Page 7 continued..

The Kkn her T st 2014 Notes to th Financial Statements- eonthiued forthey r Ended 31st areh 2024 INVESTMENT INCOME 31.3.24 31.3.23 Deposit account Ant¢rest 3228 1,069 INCOME FROM CHARITABLE ACTtVlTIES 31.3.24 31.3.23 A¢tivity Ill furtb¢rance of th¢ charity's obj¢¢tives In furtheranco of the charity's objectives Iu furtherdn¢e of the ch￿ity'S objectives Client f¥es Lunch income HCC Contract services 114,946 1.771 62.117 106,146 1.729 44.586 178,834 152,461 CHAIUTABLE ACTIVITIES COSTS Direct Costs (See note 6) Support ¢08ts (see note 7) Totals In furtherance of the charily's objectives 218.642 60 218,702 DllRE￿ COSTS OF CHARITABLE ACTIVITIES 31.3.24 31.3.23 Staff costs Vehicle ￿sts Travcl Losts Catering costs Kitchen sundries Client sundries Insurance Property Costs RLpairs and renewals Cleaning Imd laundry Adniinistration Cobts Staff training Depreciation 159,296 5,940 425 8,911 688 2.041 2,526 12.246 3.045 2,097 2.337 1,060 18,030 150,483 6.080 274 8,921 310 2,079 4,338 11,272 5,050 1,361 2,679 1.514 18,030 218.642 212,391 Page 8 contillued..

The Ki her rust 2014 Notts to the Financial Statements- continu f r the Year Ende 31st March 2024 SUPPORT COSTS Finance In furtherance of the chartty's objectives 60 Support costs, included in the alM)ve. are as follows: 31.3.24 Jn furtherance ofth¢ charity's objcLtives 31.3.23 Total activities Bank charges 60 72 TRUSTEES, REMUNERATION AND BENEFITS There were no trnstees, remunerdlion or other benefits for the year ended 3 1st March 2024 noT for the year cnded 31st March 2023. Trustee5' expenses Theff were no lrnstees, expenses paid for the year ended 31st March 2024 nor for the year ended 3 1st March 2023. STAFF COSTS The average monthly number of employees during the year was &8 follows.. 31.3.24 31.3.23 Management (fiill time} Caring stsff and drivers (part time) 10 io No employees received emoluments tn excess of £60.000. io. TANGIBLE FIXED ASSETS FixtUTes Motor vehicles leasehold fittings Totals COST At 1st April 2023 and 3 1st March 2024 138,338 5,435 50,679 194,452 DEPRECIATION At I st April 2023 Charge for year 48,018 6,860 5,430 20.889 11.170 74,337 18.030 At 3 1st March 2024 54.878 5,430 32,059 92.367 NET BOOK VALUE At 31st March 2024 83,460 18.620 102.085 At 31st March 2023 90.320 29,790 120.115 Page 9 continued...

sher Tntst 2014 Notes the Flnatteial Statement8 - Continued f r the Y Ended 31 March 2024 DEBTORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other debtors Prepayments 6.959 1.840 4,466 2,016 8,799 6,482 12. CREDITORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 31.3.24 31.3.23 Trade creditors Taxation and social security 1.057 2,517 2.950 2.117 3,574 5.067 13. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.24 Ai1.4.23 Unrestrleted fund$ General ￿nd Long leasehold premises 211,081 90,320 (16,727) (6,860) 95 194,449 83,460 301,401 (23,587) 95 Restrtctcd funds Dementia Discretionary Fund 277,909 1.035 (95) 940 TOTAL FUNDS 302,436 (23,587) 278.849 Net movement in fijnds. included in the above are as follows.. Incoming resources Resources exp¢nded Movemcnt in funds Unrestrlcted ￿ndS General fund Long leasehold premises 195,115 {211,842) {6.860) (16,727) {6,860) 195,115 (218,702) (23.587) TOTAL FUNDS 195,115 (218,702) (23.587) Page 10 continued...

The sher Trust 2014 Notes to the Financial Statsments- eollthiued for the Y r Ended 31st arch 2024 13. MOVEMENT IN FUNDS- eonllnued Comparntives for movement in funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund Loug leasehold premises 245,654 97,180 (34,573) (6.860) 211,081 90.320 342,834 Restrleted funds Dementia Ditscrelionary Fund (41,433) 301,401 1,035 1,035 TOTAL FUNDS 343,869 (41,4J3) 302,436 Comparative net movement in fund4 included in the above are &8 follows: Incoming resources R&qources expended Movement in fim(Ls Unrestricted funds General fund Long leasehold premises 171,030 (205,603) (6.860) (34,573) (6,860) 171.030 (212,463) (41,433) TOTAL FUNDS 171,030 (212,463 } (41,433) A current year 12 months and prior year 12 months combined position is as follows: Net moveinent in tuThds Transfers belwe¢n funds At 31.3.24 At 1.4.22 Unre8trict¢d funds General fiind Lonu leasehold p￿miSeS 245,654 97.180 (51,300) (13,720) 95 194,449 83.460 342.834 (65,020) 95 277.￿9 Re5trEcted Dementia Discretionary Fund 1,035 (95) 940 TOTAL FUNDS 343,869 {65,020) 278.849 Page 11 continued...

The Kin her Trust 2014 N tes to the Flnancial Ststements- eontinued for e Year Ended 1st March 2 24 13. MOVEMEIYT IN FUNDS- continued A current ye&r 12 months and prior year 12 months combined net movement in funds, included in the above are &$ follows.. Incoming resources Resources expended Movcment in funds Unrestrleted funds Gcn¢ral fund Long leasehold premises 366,145 (417,445) (13.720) (51,3LKI) {13.720) 366.145 (431,l65) (65,020) TOTAL FUNDS 366,145 (431,165) (65.020) 14. RELATED PARTY DISCLOSURE,$ There were no related paty transactions for the year ended 31 st March 2024. Page 12

The Ki Trust 2 14 Detailed Statemellt of Flnaneial AetiTrTrties for th¢ Year Ended 31st March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENIS Donations and le8￿cleS Donations Gift aid 13,053 15.972 1,528 13,053 17.500 Investment incon]e Deposit a¢count inteTe5t 3,228 1,069 Charit4ble a¢dvltles Cii¢nt fees LunLh income HCC contract services 114,946 1,771 62,117 106.146 1.729 44,586 178.834 152.461 Total incoming resources 195.115 171.030 EXPENDITURE Charltable aetlvitl¢y Wages Vehicle costs Trnvel costs Catering costs Kilchen sundries Client sundries Insurance Property costs Repairs and renewals Cleaning and laundry AdministTation costs Staff training Depreciation: long leasehold Depreciation: motor vehiLles 159,296 5,940 425 8,911 688 2,041 2,526 12,246 3,045 2,097 2,337 1,060 6,860 11,170 150.483 6,080 274 8.921 310 2.079 4,338 11,272 5,050 1,361 2,679 1,514 6,860 11,170 218,642 212.391 Support costs Fln4nce Bank charges 60 72 Total resources expended 218,702 212.463 Net expenditure (23.587) (41,433 } This page does not fom] part of the statutory financial statements Page 13