## **KINTSUGI HOPE** Charity registration number 1175529 **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **KINTSUGI HOPE** ## **CONTENTS FOR THE YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
Page
Trustees annual report 1-14
Statement of Financial Accounts 15
Balance Sheet 16
Notes to the financial statements 17-21
Independent Examiner's Report 22
**----- End of picture text -----**
## **Annual Report and Accounts** ## **For the period 01 April 2020 to 31 March 2021** **Charity Registration Number:** 1175529 **HMRC Charities Reference Number:** EW89386 **Registration Body:** Charity Commission for England and Wales **Date of Registration** 02 November 2017 **Registered Address:** c/o Reprohouse Drakes Lane Industrial Estate Boreham, Essex, CM3 3BE ## **Principal Office:** |||| |---|---|---| |**Principal Office:**|As above|| |**Trustees as at 31 March 2021**|Simon Barrington|Chair| ||Adam Temple|Treasurer| ||Erin Docherty|| ||Elizabeth Neep|| ||Judith Lace|| ||Sarah Pearmain|Appointed 16 July 2020| ||Audrey Skervin|Appointed 24 November 2020| ||Joby Easow|Appointed 24 November 2020| |**Trustees who also served during this**|**period:**|| |---|---|---| ||Sarah Davis|Resigned 23 January 2021| |**Bankers:**|Santander|| ||Bridle Road|| ||Bootle|| ||L30 4GB|| |**Independent Reviewers of Accounts:**|
Community 360|| |**Chief Executive Officer:**|Patrick Regan OBE|| ## **Structure, Governance and Management** Kintsugi Hope, founded by Patrick and Diane Regan, registered with the Charity Commission for England and Wales on 2 November 2017, charity number 1175529. The charity is governed under a constitution and operates as a Charitable Incorporated Organisation (CIO). Trustees are nominated and elected by existing trustees. Trustee meetings occur minimum termly. Patrick Regan OBE is the founder and CEO working full time for Kintsugi Hope. Diane Regan, wife of Patrick Regan is also the co-founder, working part-time as Operations Manager. During this period, Kintsugi Hope had in their employment an additional 7 members of staff; 2 full time, and 5 parttime. One member of staff was furloughed and subsequently made redundant as the role was no longer required due to COVID. Kintsugi Hope have continued to enjoy a partnership with Waverley Abbey College and Resources (formerly CWR) and work closely with Prison Fellowship, Thirtyone:Eight, Mind and Soul, Christians against Poverty and Transformed Lives for Good. ## **Objects and Activities** The Objects CIO constitution are, for the public benefit: - 1. To promote and protect the health of persons suffering from physical, mental and emotional challenges, in particular but not exclusively, by way of practical support and training; and 2. To relieve the needs of persons facing persecution for their faith or those suffering the effects of war, conflict and natural disaster in particular but not exclusively, by way of financial support to local, national or international charities. ## **Vision** A world where mental and emotional health is accepted and understood, with safe and supportive communities for everyone to grow and flourish. ## **Mission** Kintsugi Hope exists to create safe and supportive spaces for those struggling with mental and emotional health challenges ## **Ethos / Values** These values apply to all the work we do at Kintsugi Hope and are demonstrated particularly in our Kintsugi Hope Groups. ethos is founded on the Christian faith, yet Kintsugi Hope support those of all faith and no faith. Authenticity - The quality of being real, to be openminded, allowing ourselves to be imperfect and vulnerable in order to show courage where it is needed Generosity - A desire to give away what we have, to be openhearted, kind, to give without any expectation of return. This value works out in the way we spend our time, money and how you want to relate to other organisations Honesty - To tell the truth, we want to be trustworthy and show integrity in all our actions Relationship - We wanted to be connected, to really get to know others, to invest in meaningful relationships to put people before programmes and products. ## **Desired Outcomes for those who Kintsugi Hope inspire and support:** - Safety and support where there is no shame and embarrassment in struggling - An increase in self-worth, confidence, and wellbeing - - Clear pathways to receive additional support if needed _Figure 1 Picture from online Group Leaders Meeting_ ## **Summary of Main Activities and Achievements** ## **Covid-19** As lockdown started, Kintsugi Hope prepared for loss of income and reduction, or stopping of activities. In May the United Nations acknowledged the COVID-19 epidemic is causing widespread psychological distress loneliness/social isolation and poor mental health, the importance of organisations such as Kintsugi Hope became more evident. Kintsugi Hope quickly transitioned activities and events online as demand for our services increased. Kintsugi Hope paid particular attention to listen and in response to the Governments communication of the 3 phrases delivered the simple message: It has previously been estimated that 1 in 4 of us will experience a mental health problem in any given year, and whilst we cannot yet measure the long-term impact of covid on mental health, studies have shown that 67% believed that the pandemic will have a long-term negative effect on their mental health and there were 80,226 more under-18s referred to NHS mental health services in England between April and December 2020 than the same period in 2019. These rises are particularly concerning as, whilst one of the greatest fears at the height of the pandemic was that doctors would be forced to choose which patients to treat, the reality is that this has been happening in mental health settings for a number of years; for example, those with eating disorders (including anorexia which has the highest mortality rate for any mental illness) are refused treatment because they are not unwell enough to qualify for treatment ## **Kintsugi Hope Talks** _Figure 2 Patrick Regan interviewing Steven Ita for TBN Studio Production of Bouncing Forwards, January 2021_ Due to COVID, all planned in-person events were cancelled. On 13 April Kintsugi Hope were part of The success of this event encouraged Kintsugi Hope to plan online events including 6 new TV episodes with TBN. Online events allowed Kintsugi Hope to reach more people without boundaries of geography and access difficulties. Viewing numbers continue to increase but at time of writing this report, events and talks reached a minimum of 107,000 at 160 different speaking engagements. These included: : - Spring Harvest at home, April 2020 - TBN, May 2020 - - The Big Debate, Poverty, Justice and Mental Health, June 2020 - The Big Conversation, Race, Justice and Mental Health, July 2020 - Speak Honestly events, November 2020 - Providing 12 online sermons, July 2020 to March 2021. Kintsugi Hope also participated in numerous radio interviews, articles in journals, magazines, and newspapers All the above events focussed on starting difficult conversations about mental and emotional wellbeing, inspiring and encouraging people who struggle, as well as providing information on running wellbeing groups. This included events for partners, group leaders and the general public, ## **Kintsugi Hope Wellbeing Groups** Development started on a bespoke online platform, the facilitate online applications for Kintsugi Partner Organisations and Kintsugi Hope Wellbeing Group Leaders. the Kintsugi Hope Wellbeing Group Leader training was re-written, filmed and rolled out online, ready for delegates by the end of April. Support for Wellbeing Group Leaders increased to include further training and information to run up to encourage, inspire and share knowledge and ideas. It was found that for many, online groups worked better than in-person as people were now able to participate due to removal of barriers such as babysitting, access and health issues. Attempts were made to individually check in with all Group Leaders. Kintsugi Hope communicate during the training of Wellbeing Group Leaders, that they are not just a number in a database. ## **Key events** |**Key events**||| |---|---|---| |April 2020|-|187 Group Leaders, 40 Partner Organisations| |||Training rewritten for online, modules filmed.| |May 2020|-|Online training opened| ||-|| ||-|Kintsugi Hope Youth launched| ||-|Regular Online group leader events start, to encourage, inspire and inform| ||-|Zoomability sessions started| ||-|All group leaders contacted to check in on them, see what support they needed.| |June 2020|-|Regional Group Leader meetings begin| |Nov 2020||Relationship Manager Appointed| ||-|Friends in a Room meeting (Patron, Key Partners and Champions)| |Jan 2021|-|10 new Volunteer Ambassadors appointed| |Feb 2021|-|GMS launched for online application process| |March 2021|-|800+ Group Leaders, 236 Partner Organisations| Between March 2020 (UK Lockdown) and February 2021, demand grew by 455% as Partner Organisations continued Kintsugi Hope moved all the Wellbeing Group Leader training and resources online and by the end of March 2021, had trained more than 800 Group Leader mental and emotional wellbeing. All Wellbeing Group participants are invited to complete anonymous evaluations at the start and end of attending a Kintsugi Hope Wellbeing Group. The data received during this time showed: - By the end of week 12 (adult groups), 100% would recommend attending a Wellbeing Group and reported an increase in self-worth and confidence. - 98% of participants agreed they learned tools and strategies to cope in times of overwhelment. - 30% of Group Participants are not members of their host church and have been invited from the local community (this figure is increasing monthly). ## **Kintsugi Hope Wellbeing Group Growth** ||**YE 31/3/21**|**YE 31/3/20**|**YE 31/3/19**| |---|---|---|---| |Partner Organisations|236|70|2| |GroupLeaders|809|205|2| ## **Partner Organisations** By 31 March 2021, Kintsugi Hope Partner Organisations represented 27 different church denominations, and 17 charities, across 12 different regions. **----- Start of picture text -----**
Denomination No
Anglican 59
Baptist 42
Independent 28
Elim 20
Charity 17
AOG 9
Evangelical 9
Methodist 8
New Frontiers 8
Vineyard 8
Pioneer 6
Free Church 4
Pentecostal 4
Church of Ireland 2
New Testament Church of God 2
Skylark 2
Boiler Room Network 1
Congregational 1
House 1
Presbyterian 1
Regions Beyond 1
Relational Mission 1
United Reformed Church 1
Union of Evangelical Churches 1
Brethren 0
**----- End of picture text -----**
|New Wine|0| |---|---| |Salt & Light|0| |Ignite Network|0| **----- Start of picture text -----**
Region No
East of England 51
Southeast 46
Southwest 45
Northwest 23
London 22
West Midlands 13
Yorkshire 11
Wales 8
East Midlands 7
Northern Ireland 6
Northeast 3
Scotland 1
**----- End of picture text -----**
_Figure 2 Kintsugi Hope Wellbeing Group Leader Training - login page_ ## **What is a Kintsugi Hope Wellbeing Group?** The groups are not counselling or therapy but facilitated peer-mentoring using flexible content over a 6 - 12-week period to learn self-management tools. The flexible sessions are offered in 7 different learning styles and cover the following subjects: Honesty, Anxiety, Depression, Shame, Anger, Disappointment and loss, Perfectionism, Forgiveness, Self-acceptance, Healthy relationships, and resilience. In November 2020 Kintsugi Hope appointed a Relationship Manager to focus on the support and development of Wellbeing Group Leaders. In February 2021 Kintsugi Hope recruited 10 new Volunteer Ambassadors. ## **Kintsugi Hope Advocacy** Kintsugi Hope is in a fortunate position to have long standing relationships with policy makers, political think tanks on the issues of Social Justice and the media. Kintsugi Hope will develop those relationships to represent the lives we are serving through our wellbeing groups and project work. Our goal is to tell the stories of those we represent. o advocacy is not to build a research capability but to build relationship in order to influence key individuals on issues of Justice that are impacting peoples mental and emotional wellbeing. Poverty, stigma, exclusion, high unemployment, family breakdown has huge than rooting out and addressing the drivers that cause poor mental health in the first place. and on the side-lines and grumble and complain we need to elevate the debate off personalities and onto the real issues that are causing people to suffer, we need to point to solutions that can bring about long-term strategic change. ## **Key activities:** During this year, Patrick Regan, CEO continued the conversation through meeting and networking with senior politicians and advisers on issues of mental and emotional health and wellbeing, In addition, Kintsugi Hope created and hosted two online events: - The Big Debate Poverty, Justice and Mental Health hosted by Nina Hussain from ITV news and included an interview with Rt Hon Sir Iain Duncan Smith. The Big Conversation Race, Justice and Mental Health, with Reverence Les Isaac OBE, Founder of Street Pasters and CEO of Ascension Trust. Both events were well attended and a positive springboard to deeper conversations and connections. _Figure 3 Advert for The Big Debate event_ ## **Future Plans** ## **Mental Health Friendly Church Project** ## **Introduction:** In November partnering organisations with a view to exploring how the church could help respond to the impact and effects of the coronavirus pandemic, and the emerging reports that it would be followed with a One member of the meeting commented that whilst it was amazing that Kintsugi Hope Wellbeing Groups were safe and supportive spaces, what would happen should the church itself not be a safe or supportive space for someone living with mental health issues. This comment, alongside other conversations with partners, both alerted and reminded us that many of our churches are in desperate need for a robust theology of mental health so that leaders and congregants alike know how to approach and speak about mental health in the church and community whilst understanding the biblical mandate for mental and emotional wellbeing. Over the months that followed, it became clear that if our churches long/are to be safe and supportive spaces, there was a need to help improve the understanding and attitudes to mental health wellbeing and illness. ## **The plan:** A Mental Health Friendly Church Project Manager is to be recruited to commission a research project sur and wellbeing. This research will then be utilised to produce resources to support the findings, and reduce stigma and misunderstanding We want the findings of the research and subsequent resources to encourage church to be safe and supportive spaces, with an elevated understanding of mental health issues and the eradication of stigma against mental illness. The research, when commissioned, will seek to discover the impact of attitudes to mental illness and the reasons behind the anticipated range in these attitudes. ## **Kintsugi Hope Advocacy** - Our Approach continues to be relational, through existing relationships with politicians, influencers, other organisations. Seek to maximise opportunities to influence and inform. - Draw on others expertise to then shape policy, approach, interventions. ## **Kintsugi Hope Groups** To carry out an in-depth review of all safeguarding procedures - To continue to develop the Wellbeing Adult and Youth Streams, and launch Student Stream Replace temporary group leader training with a new permanent and updated version. Develop and pilot social prescribing referral systems - development to include - Group tracker - Wellbeing group content - session planning facility (all streams) - Add-on content filters for specific groups, eg accessibly or victims of abuse. - Automatic enrolment to training following approval of application - Participant and Group Leader feedback and evaluation function - Online contribution - - Further development of reporting ability - To recruit more Volunteer Ambassadors to represent Kintsugi Hope to local churches and to support new Group Leaders. - To develop Regional Coordinators to connect Ambassadors, Group Leaders and Church Partners at a local level, to access local funding and identify opportunities. To consider international opportunities. - To continue to work closely with experts to further develop material provided to Group Leaders and for further expert support and advice. ## **Kintsugi Hope Projects** - Grant of £3,000 approved by Kintsugi Hope Trustees towards the cost of a Mental Health Counsellor at the Operation Restoration School, Trenchtown, Jamaica. ## **Kintsugi Hope Talks** - Subject to Covid restrictions, to return to in-person events by the end of 2021, as well as continue with online. - To develop regular podcast materials along subjects from the Wellbeing Groups. Hold events, including launch of Bouncing Forwards, book by Patrick Regan OBE and a national conference, to present findings from Mental Health Friendly Church research. To further develop a team of speakers, internal and external. - To continue to create opportunities and speak where invited, at church services, events, conferences, festivals, media (TV, radio, newspaper, magazines). - To continue to develop a network of Kintsugi Hope Partner Churches (regionally and nationally), to inspire, engage and support the local church to provide safe and supportive spaces for their congregation and communities. - To continue to expand the resources currently available, in particular to develop short films on topics such as anxiety and perfectionism. - To continue to develop signposting information and resources online. - ope to its - growing audience. ## **Financial Review** This is our third period from registration with the Charity Commission running 1 April 2020 through to 31 March 2021. Incoming resources for the period totalled £373,456 (prior period was £254,127). £281,131 of this was through Grants and donations, including £112,275 from Grants, (£45,525 from Allchurches Trust, £30,525 of which was second of three-year funding through their Transformational Grant programme, and £10,000 through their Hope Beyond programme). £41,070 was from Major Donors, and individual regular giving totalled £69,075. Gift Aid claimed was £21,544. Despite no inperson events, merchandise sales generated £16,822, a reduction from £38,834 the year before. It is important to note however, that all merchandise sales during this financial year were generated , which last year totalled £3,747. Kintsugi Hope also received £34,866 through generous one-off donations, and £14,509 through fundraising activities (up from £1,303 previous year). Financial contributions from Partner Organisations (mostly Churches, with a few charities) to run Kintsugi Hope Wellbeing Groups increased from £21,307 (40 Partners) to £55,017 (280 partners). Last year £4,990 was generated through the Group Leader training events, however all training moved online and provided at no cost. Payments made over the same period were £277,359. The largest portion of these payments were wages to employ 8 staff, totalling £199,654. £21,487 towards the creating and development of Last year travel costs were £12,974, this year this was reduced to £2,271. Merchandise costs totalled £14,537 which included purchase of 1,000 IT costs of £8,111 which included purchase of new laptops and annual payment for the CRM. Office costs of £6,528 included postage for online sales, equipment required for home working, and an acoustic absorbing curtain for use in the office. A grant of £3,000 was paid by Kintsugi Hope to Operation Restoration School in Trenchtown Jamaica As a result of the above, Kintsugi Hope generated an operating surplus of £96,096, and a total of £180,824 cash in the bank at the year-end 31 March 2021. ## **Reserves Policy** Kintsugi Hope have income pledged through supporters giving regularly. This funding helps Kintsugi Hope to plan financially salary expenditure in reserve. Throughout this period, there was a surplus in excess of this value, however the charity is still at early stage of development and has active plans to expand the operations of the charity. ## **Fundraising Statement** Kintsugi Hope recognises its financial supporters as core partners in its mission to create safe and supportive spaces for those struggling with mental and emotional wellbeing. We appreciate each gift we receive. We communicate our work with supporters and give them the choice to join us, through their giving, in supporting this. We never use coerce or manipulate anyone to support Kintsugi Hope. We are sensitive to people in vulnerable circumstances, always ensuring they have the mental capacity to donate. our donors up to date with information about the impact their gifts are making through our monthly newsletter and all speaking engagements and events online or in-person. Kintsugi Hope gives everyone the opportunity to sign up to receive communications from us either directly through our website or by individuals providing their contact details (and consent) at events. In the spirit of transparency and choice, it is clear what they will receive, and how they can be removed from our mailing lists. We raise funds through church partnerships, trusts and foundations, events, sponsored activities, and individual giving. All our fundraising was carried out by the Kintsugi Hope employees we did not use the services of commercial fundraisers. We always seek to respond to any complaints from our supporters. This year we received no complaints. ## **KINTSUGI HOPE** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** |**Notes**
**Incoming resources**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
**Total incoming resources**
**Resources expended**
Charitable activities
5
Expenditure on raising funds
6
**Total resources expended**
**Net incoming (outgoing) resources**
**Transfer between funds**
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**Funds**
**£**
220,606
56,432
35,893
**312,931**
210,203
15,596
**225,799**
87,131
194
87,325
52,633
**139,958**|**Restricted**
**Funds**
**£**
60,525
-
-
**60,525**
51,560
-
**51,560**
8,965
(194)
8,771
37,009
**45,780**|**2021**
**Total**
**£**
281,131
56,432
35,893
**373,456**
261,763
15,596
**277,359**
96,096
-
96,096
89,642
**185,738**|**2020**
**Total**
**£**
168,387
38,534
47,206
**254,127**
219,339
23,840
**243,179**
10,949
-
10,949
78,693
**89,642**| |---|---|---|---|---| Notes on pages 10 to 14 form an intergral part of these financial statements. **15** ## **KINTSUGI HOPE** ## **BALANCE SHEET AS AT 31 MARCH 2021** |**Notes**
**Fixed assets**
Tangible assets
**8**
**Current assets**
Debtors and prepayments
Cash at bank and in hand
**9**
**Creditors: amounts falling**
**10**
**due within one year**
**Net current assets/(liabilities)**
**Net assets**
**Funds of the charity**
Restricted funds
Unrestricted funds
**Total funds**|**2021**
**£**
2,534
2,800
180,824
183,624
420
183,204
**185,738**
45,780
139,958
**185,738**|**2020**
**£**
3,593
-
86,469
86,469
420
86,049
**89,642**
194
89,448
**89,642**| |---|---|---| Approved by the trustees on the 10th December 2021 and signed on their behalf by: Trustee **16** ## **KINTSUGI HOPE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** ## **1.1 Basis of the preparation of the accounts** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Cash Flow** The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard 1 "Cash flow statements". ## **1.2 Income recognition** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations, are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Legacy gifts are recognised on a case by case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. **1.3 Expenditure recognition** 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. **17** ## **KINTSUGI HOPE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** ## **1.4 Depreciation** Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected life as follows: Equipment ## **1.5 Fund accounting** Funds held by the charity are: Unrestricted general funds These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees. ## **1.6 Reporting period** This accounts cover 12 months. ## **2. Donations and legacies** |Major donations
One off donations
Royalties
Individual giving
Gift Aid
Sponsorship
Grants
Legacy
Restricted grants totalled £58,455 in 2021, (2020:£0)
**3.**
**Charitable activities**
Conference income
Church partnerships
Training
Tour income
**4.**
**Other trading activities**
Fundraising
Merchandise sale
Speakers|**2021**
**£**
41,070
34,866
107
69,075
21,544
889
112,275
1,304
**281,131**
**2021**
**£**
-
55,017
-
1,415
**56,432**
**2021**
**£**
14,509
16,822
4,562
**35,893**|**2020**
**£**
11,570
5,072
424
60,794
25,056
621
64,850
-
**168,387**
**2020**
**£**
2,812
21,307
4,990
9,426
**38,534**
**2020**
**£**
1,303
38,834
7,068
**47,206**| |---|---|---| **18** ## **KINTSUGI HOPE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
5. Costs of charitable activities 2021 2020
£ £
Costs directly allocated to activities:
Wages 199,653 160,887
Marketing 1,484 1,246
Printing 112 3,131
Travel 2,271 12,974
I.T. costs 8,111 14,036
Telephone 4,938 2,736
Professional charges 346 -
Insurance 818 968
Website 391 342
Tour 1,534 3,686
Conference - 1,298
Events 1,012 373
Sundries 2,152 259
Office expenses 6,528 2,957
Staff training and resources 938 1,260
Rent 5,510 3,260
Grant payments 3,000 6,000
Group expenses - 604
-
Group Training 1,821
-
Website Group developments 21,487
Depreciation 1,059 977
261,343 218,814
Governance costs:
Audit and accountancy 420 526
420 526
261,763 219,339
6. Expenditure on raising funds 2021 2020
£ £
Merchandise 14,537 22,920
Fundraising costs 1,059 920
15,596 23,840
**----- End of picture text -----**
**19** ## **KINTSUGI HOPE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** |**7. Staff costs and emoluments**
The average number of employees by head count
paid monthly during the period was:|**2021**
**2020**
**£**
**£**
8
5| |---|---| |The aggregate staff costs for the period were:
Wages and salaries
Pensions
Social security costs|**2021**
**2020**
**£**
**£**
171,717
141,348
4,557
5,045
23,379
14,494| ||**199,653**
**160,887**| |One employee earned more than £60,000 per annum.
None of the Trustees (or any person connected with them)
during the year.|were reimbursed for expenses| |**8. Tangible fixed assets**
**Cost**
As at 1st April 2020
Additions
**As at 31st March 2021**
**Depreciation**
As at 1st April 2020
Charge for the year
**As at 31st March 2021**
**Net book value**
**As at 31st March 2021**
**As at 31st March 2020**
**9. Analysis of cash and cash equivalents**
Cash at bank and in hand|**Equip**
**£**
5,296
-
**5,296**
1,703
1,059
**2,762**
**2,534**
**3,593**
**2021**
**£**
180,824
**180,824**|**Total**
**£**
5,296
-
**5,296**
1,703
1,059
**2,762**
**2,534**
**3,593**
**2020**
**£**
86,469
**86,469**| |---|---|---| **20** ## **KINTSUGI HOPE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** |**10. Creditors; amounts falling due within one year**
Accruals
**11. Fund analysis 2020 restated**
**Balance at**
**Income**
**31/03/2019**
**resources**
**Unrestricted funds**
78,499
212,877
**Restricted funds**
194
All Churches Trust
41,250
**Total restricted**
**-**
41,250|**2021**
**£**
420
**420**
**Outgoing**
**resources**
238,744
4,435
4,435|**2020**
**£**
420
**420**
**Transfer**
-
-
-
-|**Balance at**
**31/12/2020**
52,633
194
36,815
36,815| |---|---|---|---| The above funds have been restated due to funds needing to be restricted for all churches. ## **Fund analysis 2021** |**Balance at**
**31/03/2020**
**Unrestricted funds**
52,633
**Restricted funds**
194
Selwood Trust
Good News Evangelical Mission
Anonymous donor
The Jerusalem Trust
All Churches Trust
36,815
**Total restricted**
**37,009**|**Income**
**resources**
**312,931**
5,000
5,000
10,000
10,000
30,525
**60,525**|**Outgoing**
**resources**
**225,799**
5,000
4,666
-
119
41,775
**51,560**|**Transfer**
**194**
(194)
-
-
-
-
-
**-**|**Balance at**
**31/12/2021**
**139,958**
**-**
**-**
**334**
**10,000**
**9,881**
**25,565**
**45,780**| |---|---|---|---|---| ## **12. Endowment funds** The Charity has no endowment funds during the period. ## **13. Key management personnel** During the year total remuneration of £130,485 (2020: £128,458) was paid to key management personnel. The remuneration of key management personnel is decided upon and authorised by the trustees. **21** ## **KINTSUGI HOPE CIO** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 March 2021** I report on the accounts of Kintsugi Hope CIO for the year ended 31st March 2021 which are set out on pages 15 to 21. ## **Respective responsibilities of trustees and examiner** The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (The Act) but that an independent examination is needed. The charities gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Association of Accounting Technicians. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act, - To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and - To state whether particular matters have come to my attention. ## **Basis of independent examiner’s Statement** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes considerations of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair' view which is not a matter considered as part of an independent examination. I have come across 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. Shelley-Marie Rudling FMAAT AATQB for and on behalf of: Community360 Winsley’s House, High Street, Colchester, Essex Date 10/12/2021 **22**