REGISTERED CHARITY IYUMBER: 1159152 Re rt of the Trustees and Unaudlt Ffinan lal Stat ment she t 2014 Wheeler & Co Ltd Chartered Accountants The Shrubbery 14 Church Street Whitchurch Hampshire RG28 7AB
The 20 C ntents of the Flnanclal statents Year En 31st Mpdr Pa Report of the Tru8te I to 3 IDdependent EXanner'S Report Statement of FInane1 Actmtlu steDTht of Flnanclal Posltlon Note8 to the FIDanelal St&ten)ents 7 to 12 Detalled Statement of Flnanelal A¢tlvAtle8 13
Tbe Kln sher Trnst 2014 ort of tbe Trustees for the Year Ended 31st March 2025 The trustees present their report with the fllwKial statements of the clwity for the year ended 31st March 2025. The Irustees have athipted the provisÉoDs of Accounling and Reporting by Charities: Statetnent of Recommended Pra¢*ice appllcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland IFRS 102) {¢ffectiv¢ l Janwry 2019). 0ECTIVEs AND ACTlVtTtES Objectives and alm8 To promote the welfare of the 8ick, handicapped and aged who are resid¢nt in the Overton. Whitcburch. St Mary Bourn¢ and SurrouJ1nS areas of Nurth Hampshire, in any manner which now OT hereafter may be deemed by law. to be dwitable by the provityion and opa8tion of a day centr¢, 1¢h shall be known as "The Kingfisher Day Centre.. Slgnificant activltle The Trust provides day care for frail elderly peoplc to ¢nbance the quality of their liv¢& to enable to live independ¢ntly and to give respite to their carers. A lunch club is 8180 provided to promote wider commity engagemenL Most servicc users ¢ollected from their hom&g and arrive at the ¢tntre in the charitys customised dIbled 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 environment. The day centre has ll lounge, a dining room. wi area for arts and Crafts, a quiet room and a kitchen. In addition there are well-equipped shower and toilet facilities. includtng two wet rooms with wbeelchair acce. All areas have been adapt¢d for easy acce&8 by our servi¢e users. Publ1¢ beneflt The Trustees have given serious consideratlOD to the Charity Commission's general 8uidanc¢ on publi¢ benefit when revi¢v4ing thc trust's aims, objectivcs and in plannin8 activities. This year public bencfit has been achieved by enhancing the lives ofour service users by the provision of support service5. AcHVEmENT AND PERFORMANCE We have had a 8ucce&8ful year this year. Il'8 such a relief to be providin¥ a complete service to people in the local area again. at the close of 2024125 VK are full, and looking at incr¢ing our wup size by increasiog the numbcr of stsff we employ. W¢ have supported 73 families tbAS year and our existing service users hav¢ increased the number of days they attcnd which has led to a b¢tter more consistent group ensur1 we can providc better ¢ar¢ for thcm. As usual our focus is on the people who use the Centre, 2024125 has been a year of partie& celebrations and new experiences for our service users. The Paris Oljinpics inspired our own 8POrting challenge5; the Grand National &nd Ascot ra¢ing inspired our 'IAdies Day, f&shion creations and we created our owi mini g8Tdens to submit virtually to The Chelsea Flower Show. Our multi-generational project is going form strength to strength. It is such a ple&%uTe to see the internctions between the work experAen¢e children and OUT servAce users. Bread maknn& clay sculptur¢ and other craft activities are always popular along with our skittle alEey and County walks. This y¢ar we were able to secure Several grants includAng one fonn Sov¢r¢ign Housing for £7,000. This was financially siBnifAcant for us and has ensured we did not have to increas¢ the lunch chargL'8 for our service users, something welcomed by everyone at the Centre. The incre88es in food costs over the last year 1$ 8ti11 a concern for us but would have been a much bigger problem without the support from Sovereign Housing. We also ran the Charity Shop in WhitchurLh for a ¢ouple of week4 but our nN)st enjoyable fundraising event was a Jumble Sale at the centre, this has becom¢ a frni fixture and is thorougbly enjoyed by our staff and volunteers, we were able to raise vital funds for all the little extr&s on offer at the centre. We were able to br¢ak even this year which is very ple&8inE. Our post-¢ovid recovery plan was accomplished vAiich means financially we can settlc into increasing provision and d¢veloping the s¢rvice. We remain positiv¢ about the n¢¢d for our service and the quality of stsff aTLd activities on offer. Finally, I would like to thank all the staff and voluntcers for their continued dedication. Nicola Smith our n]anager for the last 19 years 18 retiring and ow s¢arch for her replacement began in March. W¢ wish her w¢ll and look foTward to a new era at the ¢entr¢. Page I
The Kln rjsher Trust 2014 ort of the Trustee8 for the Year Ended 318t March 2025 FII%ANCIAL REVIEW Flnanclal position Il is the Tn policy to hold Te5erves amowiting to between & and 9-months' nmning costs but this has not been possible since the start of the pandemic. We have worked very hard to ensure w¢ were able to stick our Recov¢ry Plan. It has taken 4 year4 but we are finally able to hav¢ & dcgree of confidence with th¢ long-terni security of tbe Charity. Obviowly. the increase in minimum wage and changes to the employer National tnsurance Contributions will have a significant impacL but we are used to obstacles aniL if nothing e]4 the pandemic has made us far more resilient than w¢ were before. Total fimds caled forward at 31 Mah 2025 stood at £271.214 of which £83,460 was represented by our inallenable leased propety. The trteeS have no discretion over this fixed asset so it does not fonn part of the Teserves policy. STRUCTIIRE, GOVERNANCE AND MANAGEMENT Governkng document The charity is controlled by a governing constitution adopted on I lth Novmber 2014 is registcred as a charitablc incorporated organisation under the Charlties AC The cl)arity w&8 fir¥t created in 1984. Ihe ConStition is unchanged but the governance w8s modernised in 2014. Organlsatlonal structure Under the auspices of a board of 8 unpaid Tnjstees and the Charity Commission. the day to day runnin8 of the centre 18 the responsibility of a paid Manager. who is assisted by paid part-time staff and numemus volunteers. The charity also works closely with professional health workers, health care agencie8 and other voluntary and community org8nisations. Rl•k managen*nt The trustees havc a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurnnce against fraud and C)r.PolIc1eS and proccdures are re8ul¥rly reviewed and updaled. REFERENCE AND ADMINISTRATIVE DETAllS Regljtered Charlty number 1159152 PrlDelpAI addre88 Kingfisher Day Centr¢ .41 L&verstoke Lane Laverstoke Whitchurch Hamp¥hire RG28 7NY Trustees Adrian Peter L¢wis Ruth Knight Vice Chairnwi John Waterer Jane MacKenzi¢ Alan Stevens Julie Roach aaire Hewetson-Brown lan Haynes Resigned 24th December 2024 Appointed 7th January 2025 Appoint¢d 7th January 2025 Apwinted 6th November 2024 Page 2
Tbe Kln sher Trust 2014 Re ort of the Truste for the Year Ended 31st Mareb 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Kevin Wheeler FCA Wheeler & Co Ltd Chartered Accountants Th¢ Shrubbery 14 Church Street Ivhitchurch Hampshir¢ RG28 7AB Approved by ord¢r of the board of truste¢s on..... .. .... ........ ..... and Sign on its bel)alf by: Lfv'4 A P Lewi8- Trust¢e Page 3
Inde endent Enner'S Re rt to the Trustee8 of The Kln rish¢r Trust 2014 Independent eXanDer'S report to the trustees of The Klngfisher Trust 2014 I report to the charity trustees on my examillation of thc accounts of The Wr Trust 2014 (the Tnt} for the year ended 3 Ist March 2025. RespoD8lbi]itles and basls of report As th¢ cbarity trSteeS of the Trnst you arc responsible for tbe preparation of the accounts in accordance with the requirements of the Clwities Act 2011 Cthe Act,). I report in respect of my cxamination of the Tru8V8 accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiller's statsment Since your clwitys gross income ¢xceeded £250,OW your examiner must be a member of a listed body. I can confinn tbat l am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in Engl&nd and Wale4 which is one of the listed bodie& I have completed my examination, I confirni that no material matters h&ve come to tny attention in connection with the examination giving m¢ cause to believe that in any material respect: accounting records were not kept in respect of the Trust as requir&1 by Section 130 of the Ac( or the accounts do not accurd with those records. or the accounts do not comply WAth the applicable requirements concerning the fonn and content of accouDts Bet out in the Charkties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a tru¢ and fair view which 18 not a matter considered as part of an indq)¢ndent examination. I have no concern8 and have come across no other m&tters in connection with the cxarnination to which attention thould be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Kevin Wheclcr FCA The Institute of Chartered Accountants in Enand and Wal Wh¢eler & Co Ltd Chartered A¢¢ouAtsnts The Sbrubbery 14 Church Street Whitchurcb Hampshirc RG28 7AB Date: Page 4
The Kin fisher 2014 Statement of Flnancial Actlvltles for the Year Ended 31st March 2025 31.3.25 Total fimds 31.3.24 Total funds Unrestricted fimds Restricted fimd Notes INCOME AND ENDOWMENTS FROM Donations and legacies 24.217 24,217 13,053 Charltydble Actlvltleg In furtherance of the charity's objectives 223,516 223,516 178.834 Investment inwn 3.548 3.548 3228 Total 251,281 251.281 195,115 EXPENDITURE ON Charltable actlvltle8 In furtherance of the charity's objectives 258,916 258,916 218.702 NET INCOMEIffjXPENDITURE) (7.635) (7.635) (23,587) RECONCILIATION OF FUNDS Tolal funds brou8hi forward 277,909 940 278,849 302.436 TOTAL FUNDS CARRIED FORWARD 270,274 940 271,214 278,849 Th¢ Nt¢s forn] part of these fll]ancial staternents Page 5
Tbe Kin fisher Trust 2014 StateD*nt of Flnanelal Posltlon 1st March 2025 31.3.25 Total fidS 31,324 Totsl Unrestricted Restricted funds fund Not¢8 FIXED ASSETS TangAbl¢ assets 10 84,055 84,055 102.085 CURRENT ASSETS Debtors Cash at bank in hand 6,529 184,489 6,529 185,429 8,799 171,539 940 191,018 940 191,958 180,338 cREDORs Any)unts falling duc within onc year 12 (4,799) (4.799) (3,574) NET CURRENT ASSETS 186,219 940 187.159 176.764 TOTAL ASSETS LESS CURRENT LIABILITIES 270,274 940 271214 278,849 YET ASSETS 270,274 940 271,214 278,849 FUNDS UnTestrt¢ted fimd8: General fund Long leasebold premises 13 186,814 83,460 194,449 83,460 270,274 277,909 Restricted funds 940 940 TOTAL FUNDS 271,214 278,849 I sla ents were approved by the Board of TTre¢s and authorised for issue on . 2nd were signed on its bchalf by. A P Lewis. Trustee The notss forni part of these financial statements Page 6
The Kln Isher Trust 2014 Notes to the Flnanclal Stat ments for the Year Ended 31st March 2025 ACCOUNTING POLICIES Basls of preparlng the tlnanclal StateDnt The financial statements of the clwity, which is a public berKfit cntity under FRS 102, have been prepared ID accordance with the Charities SORP (FRS 102) 'Accouniing and Reporting by Charities.. Statement of Recommcnded Pra¢ti¢¢ applicable lo chariti¢s pr¢pariDg their accounts in accordan¢¢ with Financial Reporting Standard applicablc in the UK and Republic of Irela[ (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Rq)ublic of Ireland, and the Ch4Tities Act 2011. The financial ststements have been prepared under thc historic&1 cost convention. llleome All income is reco8nis¢d in the Statement of Finallcial Activities once th¢ charity bas entitlement to the fimds. it is probable that the income will be received and the amount can bc measured reliably. Expendltiire Liabilities are recognis¢d a8 expendithre &$ soon as there 18 a Icgal or consttJJ¢tive obligation committiTJg the Chlty to that expendittre, it is probable that a transf¢r of economic benefits will be rcquired in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been Lla5sified under headings that aggregate all cost related to the category. Wbere costs cannot be diT¢LY attributed to particular headings they have been allocated to aclivities on a basis CODSiStent with the use of resources, Tanglble flxed assets Dreciation is providcd at the following annual rates in ordcr to write off eacb asset over 11$ estimated useful Itfe. Long leasehold Fixtures and littings Motor vehicles in accordance with the propety 15tl/o on ¢08t 250/0 On CO$t TAXatlon The charity 18 exempt frorn tsx on its ¢l)aritable activities. Fund a¢couudng Unrestricted funds can be used in accordance with the charitable objectives at tbc discretion of the tru8teeL4. Re8tricted funds can only be used for particular re8tri¢ted purposes within the obj¢¢ts of the clnTity. RestrictiODS arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and pwpos¢ of eacb fund is included in the notes to the financial statements. DONATIONS AND LEGACIES 31.3.25 31.3,24 Donations 15.157 9,060 13,053 24.217 13,053 Page 7 continued...
Kill r her Trll Notes to the Flnan ial rEn tatements - contlnued DONATIONS AND LEGACIES - eontlnued Grants receive illcluded in the above, are es follows: 31.3.25 31.3.24 Hanwshire & Isle of Wight c0nmllty Foundation MO190nS Foundation Basingstoke & Deane Borougb Council 7,000 732 1,328 9,060 INVESTMEwf INCOME 31.3.24 Deposit account interest 3.548 3,228 YCOME FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Activity In furtherance of the charitys objectives In further8ncc of th¢ ¢haritys objectives In fi]rth¢Tance of the cbariW$ objcctivcs Client fees Lunch in¢om¢ HCC contract services 145,635 2,417 75,464 114,946 1,771 62.117 223,516 178,834 CHARITABLE AcfIvITIES COSTS Direct Costs (soe note 6) Support costs (sec note 7) Totsls In furtherance of the charl8 objectives 258,891 25 258,916 DIRECT COSTS OF CHARITABLE ACTIVITIES 31.3.25 31.3.24 Staff costs Vehicle costs Travel costs CateTing costs Kitchen sundries Client sundries 185.739 6.465 28 11,256 412 1,239 4,669 13,022 5,665 1.305 4.108 693 2,060 4,200 18,030 159,296 5.940 425 8.911 688 2,041 2,526 12.246 3,045 2.097 2,337 1.060 Propety c08ts Rcpairs and ren¢wals Cleaning and laundry Administration ¢osts Staff training Roplacement equipment Recruitment fe&8 Depreciation 18.030 258,891 218,642 Page 8
herT t2 14 otes to the Finan tements- colltlDued SUPPORT COSTS Finance In fithrance of th¢ charity's objcctive8 25 Support Costs, included in the above, are as follows: 31.3.25 31.3.24 ofthe Total a¢tivilies objectives Bank charges 25 60 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, reniurmtion or other benefits for the year ended 3 1st Mar¢b 2025 nor for the year ended 3181 March 2024. Trustees, expenses There were no tsu$tees' expenses paid for the year end 31st March 2025 nor for th¢ year endcd 3 1st March 2024. STAFF COSTS The average monthly number of employees during th¢ year was as follows., 31.3.25 31.3,24 Man&gernent (full time) Caring staff and drivers Ipart time) io No employees received enlUrnents in ¢x¢ess of £60.000. 10. TANGIBLE FIXED ASSETS Fixtures tL)ng leasehold Motor vehicles fittings Totals COST At 1st April 2024 and 3 1st Mar¢h 2025 138,338 5,435 50,679 194,452 DEPRECIATION At 1st April 2024 Charge for year 54,878 6,860 5,430 32,059 11,170 92J67 18,030 At 3 1st March 2025 61,738 5,430 43,229 110,397 NET BOOK VALUE At 3 1st March 2025 76.600 7,450 84,055 At 3 1st M&Tch 2024 83,460 18,620 102,085 Page 9 conlinued...
The Kin sher Trust 2014 i Otes to the Flnancial Statem for e Year End 31 nthiued Arch 2025 ii. DEBTORS: AMOUNTS FALLII¥G DUE WITHIN 0Tr4E YEAR 31.3.25 31.3.24 Other debtors PrepaynThts 4,744 1,785 6,959 1,840 6,529 8,799 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Taxation and social security 2,113 2,686 I,057 2,517 4,799 3,574 13. MOVEMENT IN FUNDS Net movement in fimds At At 1.4.24 Unrestrlcted funds General fund Long leasehold prernises 194,449 83,460 (7.635) 186.814 83,460 277,909 (7,635) 270,274 Restrlcted fundi Demmtia Diretionary Fund 940 940 TOTAL FUNDS 278,849 (7,635) 271,214 Net Ivernent in funds, Includ in the above are as follows: Incoming resources Resources expended Movement in funds Unre$trlcted funds General fund 251,281 {258.916) (7,635) TOTAL FUNDS 251,281 (258.916) (7.635) Page 10 continued...
The Kln sher TTU8t 2014 es lo th Flnall ents- conthiu ed 31st M rch 2 13. MOVEMENT IN FUNDS- ¢ontinued Comparatlve8 for nVernellt in fund Net movement in funds Transfers between At 31.3.24 At 1.4.23 Unrestrltted funds General fund tng leasehold premises 211,081 90,320 (16,727) (6,860) 95 194,449 113,460 301,401 (23,587) 95 277.909 Restrleted funds Dementia Discretion&ry Fund 1,035 (95) 940 TOTAL FUNDS 302,436 (23,587) 278,849 Comparativ¢ net movement in funds, ]luded in the above are &8 follows: IDcoming reSoU¢S Resources expended Movem¢nt in thnds Unre$trlcted funds Gcncral fund Long le&s¢hold premises 195,115 (211,842) (6.860) {16,727) (6,860) 195.115 (218.702) (23,587) TOTAL FUNDS 195,115 {218,702) (23.587) A currcnt year 12 months and prior year 12 months combined position is as follows: Net movement in fimd8 Transfers betw¢en fLmds At 31.3.25 At 1.4.23 Unre$tri¢ted funds General fund Long leasehold premtses 211,081 90,320 (24,362) (6,860) 95 186,814 83.460 301,401 (31,222) 95 270.274 Restrlcted thndj Dementia Discr¢tioDary Fund 1,035 (95) 940 TOTAL FUNDS 302,436 (31222) 271214 Pagell continue<L..
Notes to the Flnanelal Statements- continu Year En 13. MOVEMENT IN FtrNDS- CODtlnued A cUent year 12 months and prior y¢aT 12 nnthS combined net n]ov¢n]ent in fimds, included in the alM)ve are as follows: Incoming resources Resources expend Movement in fimds Unrestrlcted funds General fill Long lehOld premises 446,396 (470,758) (6,860) (24,362} (6,860) 446,396 (477,618) (31222) TOTAL FUNDS 446,396 (477.618) (31.222) 14. RELATED PARTY DISCLOSURES There were no related paty tranxactions for the year ended 31 st March 2025. Page 12
The I<ln fisher Trust 2014 Detalled Ststem nt f Flnanci*l A tivltles r Ende 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donatlons and legacies Donations Grants 15.157 9,060 13,053 24.217 13,053 IDvestn)ent Income Deposit account interest 3J48 3228 Charltable actlvltles Client fees Lunch income HCC contract scrvice8 145,635 2,417 75,464 114,946 1,771 62.117 223.516 178.834 Totsl IncomlDg regouree$ 251,281 195,115 EXPENDITURE Charltable actlvltles Wages Vehicle ¢08ts Travel costs Calering costs Kitcben sundries Client sundri¢s Insurancc Property costs Repairs and renewals Cleaning aThl laundry Adminlstration Costs Staff training Replacement equipment Recruitnwut fees Depreciation: long leehOld Dcpreciation: motor vehicles 185,739 6,465 28 11256 412 1,239 4.669 13,022 5,665 1,305 4,108 693 2,060 4200 6,860 11.170 159,296 5,940 425 8,911 2,041 2.526 12,246 3,045 2,097 2,337 1,060 6,860 11,170 258,891 218,642 Support tosts Flnance Bank charges 25 60 Totsl r¢80urce3 expended 258,916 218,702 Net expeDdltyre (7,635) (23,587) This pag¢ d( not forni part of the ststutory financial statar Page 13