**Charity registration number 1174450 (England and Wales)**
## **KINGSCARE LEAGUE OF FRIENDS**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **KINGSCARE LEAGUE OF FRIENDS**
## **ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the accounts|6 - 18|
## **KINGSCARE LEAGUE OF FRIENDS**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (issued in October 2019).
## **Objectives and activities**
The charity's objects are to promote any charitable purpose for the benefit of persons registered at Kingsteignton Medical Practice and, in addition, to provide support for those in need within the wider community. This includes the protection and preservation of health, the relief of those in need, sickness and distress and the provision of medical equipment and other services not normally provided by the national health or other statutory authorities.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
The achievements of the charity are outlined in the Chairman's report attached to these accounts.
## **Financial review**
Income has decreased this year, totalling £175,229 compared with £311,083 for the 12 months to 31 March 2024.
Expenditure has also seen a decrease this year, totalling £304,158 compared with £319,594 for the 12 months to 31 March 2024.
The total value of the charity's funds has decreased from £376,448 at 1 April 2024 to £247,519 at 31 March 2025.
The trustees consider the charity's overall financial position to be satisfactory.
## **Reserves policy**
During the year the Trustees have reviewed the reserves policy of the charity and have concluded designated funds should retain sufficient funds to fulfil the running cost requirements of the charity for a period of no less than six months. The Trustees consider that reserves held at this level will ensure that, in the event of a significant drop in funding, they will still be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.
The designated funds available at the 31 March 2025 of £201,464 are the equivalent of approximately twelve months worth of unrestricted expenditure.
## **Investment Policy**
There are no restrictions on the charity's powers to invest, and the Trustees have not adopted an ethical investment policy. An Investment Committee is appointed annually to manage the authorised investments. The overall investment policy is to invest in a low to medium risk portfolio which will maximise income whilst protecting capital. Meetings are held as and when required to review the performance of the portfolio.
## **Risk Management**
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is a charitable incorporated organisation and was registered with the Charities Commission on 10 July 2017 under the charity registration number 1174450 (England and Wales).
- 1 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
The trustees who served during the year and up to the date of signature of the financial statements were: Mr D Rollason
Mr R Holliday Dr W Farrah (Resigned 2 September 2024) Mrs N Barker Ms M Perrin (Appointed 21 May 2024) Mr J Patrick (Appointed 21 May 2024)
The Board of trustees regularly discusses the recruitment of new trustees for their experience, empathy and knowledge of the Trustees, and to keep the skills and composition of the trustees body as a whole and succession planning under review. New trustees may be sought by open advertisement or through dialogues with other institutions with similar objects.
The trustees report was approved by the Board of Trustees.
## Rupert Holliday
~~..............................~~ Rupert Holliday (Aug 29, 2025 11:51:16 GMT+1) Mr R Holliday **Trustee** 29/08/2025 Date: .............................................
- 2 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF KINGSCARE LEAGUE OF FRIENDS**
I report on the financial statements of the charity for the year ended 31 March 2025, which are set out on pages 4 to 18.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
## It is my responsibility to:
- (i) examine the financial statements under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 130 of the 2011 Act; and
- (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
- have not been met or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Mrs L Lulek FCA CTA Darnells Chartered Accountants Quay House Quay Road Newton Abbot Devon TQ12 2BU
Dated: .........................
- 3 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|**Unrestricted**
**Restricted**
**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**funds**
**2025**
**2025**
**2025**
**2024**
**2024**
**Notes**
**£**
**£**
**£**
**£**
**£**
**Income from:**
Donations and legacies
**3**
14,669
94,507
109,176
116,790
118,898
Charitable activities
**4**
45,290
-
45,290
51,593
-
Other trading activities
**5**
18,117
-
18,117
20,374
-
Investments
**6**
2,646
-
2,646
3,428
-
**Total income**
80,722
94,507
175,229
192,185
118,898
**Expenditure on:**
Charitable activities
**7**
198,020
97,110
295,130
168,920
142,551
Other expenditure
**11**
9,028
-
9,028
8,123
-
**Total expenditure**
207,048
97,110
304,158
177,043
142,551
Net gains/(losses) on
investments
**12**
-
-
-
(92)
-
**Net expenditure and**
**movement in funds**
(126,326)
(2,603)
(128,929)
15,050
(23,653)
**Reconciliation of funds:**
Fund balances at 1 April 2024
371,869
4,579
376,448
356,819
28,232
**Fund balances at 31 March**
**2025**
245,543
1,976
247,519
371,869
4,579|**Total**
**2024**
**£**
235,688
51,593
20,374
3,428
311,083
311,471
8,123
319,594
(92)
(8,603)
385,051
376,448|
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 4 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2025**
|**Notes**
**Fixed assets**
Tangible assets
**14**
**Current assets**
Debtors
**15**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**16**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**19**
Unrestricted funds
Designated funds
**20**
General unrestricted funds|**2025**
**£**
2,952
238,124
241,076
(12,252)
201,464
44,079|**£**
18,695
228,824
247,519
1,976
245,543
247,519|**2024**
**£**
2,396
362,142
364,538
(11,939)
259,796
112,073|**£**
23,849
352,599|
|---|---|---|---|---|
|||||376,448|
|||||4,579
371,869|
|||||376,448|
## 29/08/2025
The financial statements were approved by the Trustees on ......................... Rupert Holliday Rupert Holliday (Aug 29, 2025 11:51:16 GMT+1)
..............................
Mr R Holliday **Trustee**
- 5 -
**KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Accounting policies**
## **Charity information**
Kingscare League of Friends is a charitable incorporated organisation, set up by an Order of the Charity Commissioners on 10 July 2017 and is a registered charity with the number 1174450 (England and Wales).
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Kingscare League of Friends meets the definition of a public benefit entity under FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business.
- 6 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Accounting policies**
## **(Continued)**
## **1.5 Expenditure**
Liabilities are recognised as expenditure as soon as:
- there is a legal or constructive obligation committing the charity to that expenditure,
- it is probable that settlement will be required, and
- the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis.
All expenses, including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 20% Straight Line Motor vehicles 10% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## **Basic financial assets**
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 7 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Accounting policies**
**(Continued)**
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 8 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
10,474
-
Grants receivable
1,693
94,507
Membership fees
2,502
-
14,669
94,507
**Grants receivable for core activities**
Other
1,693
94,507
1,693
94,507|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
10,474
16,460
-
96,200
97,245
118,898
2,502
3,085
-
109,176
116,790
118,898
96,200
97,245
118,898
96,200
97,245
118,898|**Total**
**2024**
**£**
16,460
216,143
3,085|
|---|---|---|
|||235,688|
|||216,143|
|||216,143|
- 9 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **4 Charitable activities**
|**Patients**
**transport**
**Catering**
**Exercise**
**Projects**
**£**
**£**
**£**
**£**
Sales within charitable activities
16,992
4,855
10,252
8,044
Unrestricted funds
16,992
4,855
10,252
8,044
**For the year ended 31 March 2024**
Unrestricted funds
18,808
3,993
7,769
9,315|**Newton**
**Abbot**
**Groups**
**Dementia**
**Support**
**Benefits**
**Advice**
**£**
**£**
**£**
3,466
1,523
570
3,466
1,523
570
1,791
-
574|**Memory**
**Cafe**
**Allotment**
**£**
**£**
2,073
24
2,073
24
3,589
186|**Befrie-**
**nding**
**£**
35
35
-|**Chorus**
**Creative**
**writing**
**£**
**£**
3,078
670
3,078
670
2,315
553|**Other**
**£**
11
11
436|**Total**
**2025**
**£**
45,290
45,290|**Total**
**2024**
**£**
51,593|
|---|---|---|---|---|---|---|---|
||||||||51,593|
- 10 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **5 Income from other trading activities**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Fundraising events|4,425|5,587|
|Shop income|13,692|14,787|
|Other trading activities|18,117|20,374|
- **6 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Interest receivable|2,646|3,428|
- 11 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **7 Charitable activities**
|Staff costs
Depreciation and impairment
Minibus and mobility vehicle
Patients transport
Catering
Exercise
Establishment costs
Donations
Newton Abbot groups
Legal and professional fees
Training
Bank Charges
Fundraising events
Other charitable expenditure
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2024**
Unrestricted funds
Restricted funds|**2025**
**£**
227,533
5,154
8,721
4,083
-
19,007
15,537
5,060
5,412
2,665
75
571
843
469
295,130
295,130
198,020
97,110
295,130|**2024**
**£**
234,124
7,262
7,580
2,931
92
21,654
26,473
7,294
340
2,314
85
576
724
22|
|---|---|---|
|||311,471|
|||311,471|
|||168,920
142,551|
|||311,471|
- 12 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **8 Support costs**
|**Support costs**|||
|---|---|---|
|**Governance**
**costs**
**£**
Accountancy
1,135
Legal and professional
1,530
2,665
Analysed between
Charitable activities
2,665|**2025** Governance
costs
**£**
£
1,135
1,140
1,530
1,174
2,665
2,314
2,665
2,314|2024
£
1,140
1,174|
|||2,314|
|||2,314|
Accountancy consists of payments to the independent examiner of £1,140 (2024: £1,140).
## **9 Trustees**
During the year Trustees received reimbursement of charity expenses incurred personally to the sum of £272. (2024: £1,487).
During the year the trustees donated funds without conditions totalling £Nil (2024: £1,473) and paid memberships totalling £Nil (2025: £Nil).
- 13 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **10 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
|Manager
Deputy manager
Transport co-ordinator
Mental health support worker
Hospital discharge and carer support worker
Health and well being co-ordinators
Dementia support workers
Fundraiser and Project manager
**Employment costs**
Wages and salaries
Other pension costs|**2025**
**Number**
1
-
2
1
1
3
4
1
13
**2025**
**£**
214,651
12,882
227,533|**2024**
**Number**
1
1
2
2
-
3
4
1|
|---|---|---|
|||14|
|||**2024**
**£**
223,536
10,588|
|||234,124|
There were no employees who received total employee benefits (excluding employer pension costs) of more than £60,000.
There were no employees whose annual remuneration was £60,000 or more.
## **11 Other**
|The Hub Shop expenses|**2025**
**£**
9,028
9,028|**2024**
**£**
8,123|
|---|---|---|
|||8,123|
- 14 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **12 Net gains/(losses) on investments**
|**Net gains/(losses) on investments**|||
|---|---|---|
||**Total**|Unrestricted|
|||funds|
||**2025**|2024|
||**£**|£|
|Gain/(loss) on sale of investments|-|(92)|
## **13 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **14 Tangible fixed assets**
|**Fixtures and**
**fittings**
**£**
**Cost**
At 1 April 2024
7,415
At 31 March 2025
7,415
**Depreciation and impairment**
At 1 April 2024
7,415
Depreciation charged in the year
-
At 31 March 2025
7,415
**Carrying amount**
At 31 March 2025
-
At 31 March 2024
-
**15**
**Debtors**
**Amounts falling due within one year:**
Prepayments and accrued income|**Motor**
**vehicles**
**£**
120,121
120,121
96,272
5,154
101,426
18,695
23,849
**2025**
**£**
2,952|**Total**
**£**
127,536|
|---|---|---|
|||127,536|
|||103,687
5,154|
|||108,841|
|||18,695|
|||23,849|
|||**2024**
**£**
2,396|
- 15 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **16 Creditors: amounts falling due within one year**
|**Notes**
Other taxation and social security
Deferred income
**17**
Accruals
**17**
**Deferred income**
Other deferred income
Current liabilities
**18**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2025**
**£**
5,506
3,601
3,145
12,252
**2025**
**£**
3,601
3,601
3,601
**2025**
**£**
12,882|**2024**
**£**
4,544
3,791
3,604|
|---|---|---|
|||11,939|
|||**2024**
**£**
3,791|
|||3,791|
|||3,791|
|||**2024**
**£**
10,588|
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
## **19 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
|||**Movement**|**in funds**||
|---|---|---|---|---|
||**Balance at 1**|**Incoming**|**Resources**|**Balance at 31**|
||**April 2024**|**resources**|**expended**|**March 2025**|
||**£**|**£**|**£**|**£**|
|Mini Bus|1,502|-|(1,502)|-|
|Mini Bus 2|3,077|-|(1,101)|1,976|
|CVS Projects|-|92,290|(92,290)|-|
|Devon CC - Dementia Support|-|2,217|(2,217)|-|
- 16 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **20 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At 1 April**|**Incoming**|**Resources**|**Gains and**|**At 31 March**|
|---|---|---|---|---|---|
||**2024**|**resources**|**expended**|**losses**|**2025**|
||**£**|**£**|**£**|**£**|**£**|
|6 month expenditure reserve|159,796|-|(8,332)|-|151,464|
|Vehicle replacement reserve|40,000|-|-|-|40,000|
|Vehicle repair reserve|5,000|-|-|-|5,000|
|Equipment replacement reserve|5,000|-|-|-|5,000|
|Projects|50,000|-|(50,000)|-|-|
|General funds|112,073|80,722|(148,716)|-|44,079|
||371,869|80,722|(207,048)|-|245,543|
|**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Gains and**|**At 31 March**|
||**2023**|**resources**|**expended**|**losses**|**2024**|
||**£**|**£**|**£**|**£**|**£**|
|6 month expenditure reserve|171,113|(11,317)|-|-|159,796|
|Vehicle replacement reserve|70,000|-|(30,000)|-|40,000|
|Vehicle repair reserve|5,000|-|-|-|5,000|
|Equipment replacement reserve|5,000|-|-|-|5,000|
|Projects|50,000|-|-|-|50,000|
|CAF Portfolio reserve|2,194|-|(2,194)|-|-|
|General funds|53,512|203,502|(144,849)|(92)|112,073|
||356,819|192,185|(177,043)|(92)|371,869|
## **21 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Tangible assets
18,029
666
Current assets/(liabilities)
227,514
1,310
245,543
1,976|**Total**
**2025**
**£**
18,695
228,824|
|---|---|
||247,519|
- 17 -
## **KINGSCARE LEAGUE OF FRIENDS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
|**21**|**Analysis of net assets between funds**|||**(Continued)**|
|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|
|||**funds**|**funds**||
|||**2024**|**2024**|**2024**|
|||**£**|**£**|**£**|
||**At 31 March 2024:**||||
||Tangible assets|21,186|2,663|23,849|
||Current assets/(liabilities)|350,683|1,916|352,599|
|||371,869|4,579|376,448|
|**22**|**Related party transactions**||||
||**Remuneration of key management personnel**||||
||The remuneration of key management personnel was as follows:||||
||||**2025**|**2024**|
||||**£**|**£**|
||Total Remuneration||33,860|57,262|
- 18 -
## 2025 Final Accounts for Signature - Kingscare League of Friends
## Final Audit Report
2025-08-29
Created: 2025-08-29 By: Emilie Feaver (emilie.feaver@darnells.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAMCptWuSop5LdPJlOBp6NlD-8GfNwZryt
## "2025 Final Accounts for Signature - Kingscare League of Friend s" History
- Document created by Emilie Feaver (emilie.feaver@darnells.co.uk)
2025-08-29 - 6:34:28 AM GMT- IP address: 78.151.205.62
## Document emailed to rupertholliday@outlook.com for signature
2025-08-29 - 6:38:38 AM GMT
## Email viewed by rupertholliday@outlook.com
2025-08-29 - 10:20:49 AM GMT- IP address: 104.28.40.142
- Signer rupertholliday@outlook.com entered name at signing as Rupert Holliday
2025-08-29 - 10:51:14 AM GMT- IP address: 37.152.204.28
## Document e-signed by Rupert Holliday (rupertholliday@outlook.com)
Signature Date: 2025-08-29 - 10:51:16 AM GMT - Time Source: server- IP address: 37.152.204.28
## Agreement completed.
2025-08-29 - 10:51:16 AM GMT