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2023-03-31-accounts

Annual Report on the work of the Red Kite Family Centre 2022-23

Brief historical context

Following the decision of Oxfordshire County Council to cut funding to the majority of its locally-based Children’s Centres and to concentrate its statutory services in a few regional hubs, it was decided to establish a local community run charity to continue the work of our local Children’s Centre. The Red Kite Family Centre (RKFC) charity was set up in January 2017, trustees were appointed, and the centre opened with its new leader and staff team in place in April 2017. Since then it has been operating very successfully and this report highlights its main achievements and the value it brings to all families with young children in our area.

Trustees (as at end March 2023)

Katie English (co-Chair) Amy Spicer (co-Chair) Lottie Curry (Secretary) Rosie Pearce (co-Treasurer) Sarah Bradford (co-Treasurer) John Hulett

This year, we welcomed Sarah Bradford and Amy Spicer to the Board of Trustees, both of whom were previous employees of the RKFC and therefore bring invaluable insight to the Board.

Katie-Lee English and Amy Spicer jointly continue their roles as co-Chairs.

The Trustees have continued to hold regular meetings during the year and these are fully recorded and notes of outcomes are available on request.

Staff Team

The RKFC employs a small team of staff, all on permanent, part-time contracts. As at January 2024, we have six employees.

The provision offered by RKFC

There are two main bases for our activities, the main site in Southern Road, Thame and the satellite location in at Chinnor Library, Chinnor. Through these bases RKFC offers a full programme of universal (open to all parents of under 5s) and targeted activities each week and our sites are also used regularly by NHS midwives, health visitors and speech and language therapists. These partnerships with health professionals mean that we can provide a ‘one-stop shop’ of advice, support and activities for all parents with pre-school children from birth to 4yrs old. Our

staff continue to work closely with Oxfordshire Early Help support team and Children’s Services and our sites are often hired by social services for contact and other case review meetings. Towards the end of the period covered by this report our agreement with a local landowner in the neighbouring village of Moreton came to an end, and with it our ability to offer our Outdoor Explorers sessions. Whilst this was a big loss for the RKFC, we hope to identify a new site in future and re-start these sessions.

The year to 31 March 2023 was a challenging one for Red Kite Family Centre. In January 2023, as reported in our last annual report, our key financial supporter went bankrupt, leaving the Centre with a monthly deficit and insufficient funds at that point to give us confidence that we could continue operating for the following twelve months without significant additional funding sources. However, Trustees, the staff team and our local community worked hard together and as at the date of this statement (31 January 2024), we are in a solid financial position, having secured new regular funding sources (albeit not at the level of our previous supporter), and a number of lump sum donations that provide us with the certainty that our short to medium term future is financially secure. We are grateful to everyone involved that we have achieved this status. Whilst we are in a good position for 2023/24 and are well-set for the first half of 24/25, we continue to seek new funding to secure our services for the remainder of 24/25. We work extremely hard to maximise our efficiency to ensure that every pound we receive delivers maximum value to our community, but rising energy and staff costs, combined with growing needs in our community mean that our financial needs continue to grow. We are therefore continuously working hard to secure new funding from our community, local government and businesses. Post Balance Sheet events To note that our financial position has improved significantly since 31 March 2023. This is due primarily to a lump sum donation of £45,000 from the Joyce Chapman Trust, for which we were extremely grateful.

K. English and A. Spicer, Joint Chairs of the Board of Trustees.

Independent examiner’s report to the trustees of The Red Kite Family Centre

I report to the trustees on my examina�on of the accounts of The Red Kite Family Centre (The Trust) for the year ended 31 March 2023.

Responsibili�es and basis of report

As the charity trustees of the Trust you are responsible for the prepara�on of the accounts in accordance with the requirements of the Chari�es Act 2011 (‘the Act’).

I report in respect of my examina�on of the Trust’s accounts carried out under sec�on 145 of the 2011 Act and in carrying out my examina�on I have followed all the applicable Direc�ons given by the Charity Commission under sec�on 145(5)(b) of the Act.

Independent examiner’s statement

connec�on with the examina�on giving me cause to believe that in any material respect:

  1. accoun�ng records were not kept in respect of the Trust as required by sec�on 130 of the Act; or 2. the accounts do not accord with those records.

I have no concerns and have come across no other maters in connec�on with the examina�on to which aten�on should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: Claire Lasko

Address: 63 Old Shoreham Road, Hove, BN37BE

Date: 30/1/24

Statement of Assets & Liabilities

Red Kite Family Centre As at 31 March 2023

Account 31 Mar 2023
Current Assets
Cash at bankand in hand
RedKiteFamily Centre 29,546.21
RED KITE FAMILYCENTRE RESERVE 20,097.00
Total Cash at bank and in hand 49,643.21
Total Current Assets 49,643.21
Creditors: amounts falling due within one year
PAYE Payable 208.33
Pensions Payable 71.57
Total Creditors: amounts falling due wi 279.90
Net Current Assets (Liabilities) 49,363.31
Total Assets less Current Liabilities 49,363.31
Net Assets 49,363.31
Capital and Reserves
CurrentYear Earnings (26,099.04)
Opening balances 91,496.27
Retained Earnings (16,033.92)
Total Capital and Reserves 49,363.31

Profit and Loss

Red Kite Family Centre For the year ended 31 March 2023

Profit and Loss
Red Kite Family Centre
For the year ended 31 March 2023
Account 2023
Turnover
CENTRE FUNDRAISING 2,779.15
COMMUNITY FUNDRAISING 4,844.01
COMPANY DONATIONS 18,044.80
FRIENDS OF RED KITE 5,352.60
GRANTS 20,184.00
INDIVIDUAL DONATIONS 629.92
InterestIncome 25.00
ROOM HIRE 4,905.48
Total Turnover 56,764.96
Gross Profit 56,764.96
Administrative Costs
ACCOUNTANCY 926.40
ASSOCIATEDGRANTCOSTS 1,525.00
CENTRECOSTS- incPlay equipment 424.75
CENTRE RESOURCES 289.78
CLEANING COSTS &MATERIALS 4,033.27
COMMUNITY&ADULT LEARNING COSTS 3,959.87
CONSULTING 410.40
DBS CHECKS 80.00
Entertainment-100% business 131.19
EVENTS COSTS 1,236.04
Health& Safety 164.92
HOLIDAYCLUB EXPENSES 465.75
Insurance 337.36
ITSERVICES 2,540.72
MAINTENANCECONTRACTS 2,022.02
Outdoor Explorers- Moreton (881.50)
Pensions Costs 808.11
PREMISES COSTS-GroundsMaintenance &Repairs 740.44
Printing & Stationery 800.55
Salaries 63,427.30
Session Resources 734.49
STAFF TRAINING 93.60
SUBSCRIPTIONS 575.03
TELEPHONE 579.88
UTILITIES- ELECTRICITY 2,407.94
UTILITIES-GAS 1,178.15
WASTECOLLECTION 735.72
Total Administrative Costs 89,747.18
Operating Profit (32,982.22)
Other Income
CONSULTINGWORK 550.00
COMMUNITY&ADULT LEARNING 4,614.86
HMRC-GIFT AID 634.26
HOLIDAYCLUB INCOME 1,084.06
Total Other Income 6,883.18
Profit on Ordinary Activities Before Taxation (26,099.04)
Profit after Taxation (26,099.04)