Charity registration number: 1182625 **KELLY'S HEROES TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** J Sweeney Accountants Seven Grange Lane Pitsford Northampton NN6 9AP ## **Kelly's Heroes Contents** ||**Page**| |---|---| |Trustees' Report|1—2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Comparative Statement of Financial Activities|5| |Statement of Financial Position|6| |Notes to the Financial Statements|7—9| |The following pages do not form part of the statutory accounts:|| |Detailed Statement of Financial Activities|10| **Kelly's Heroes Trustees' Report For The Year Ended 31 March 2025** The trustees present their report and the financial statements for the year ended 31 March 2025. ## **Objectives and Activities** ## **Aims and Objectives** ## Chair’s report It’s clear that household budgets are still under too much pressure which resulted in some events being cancelled/postponed/adjusted during the Year due to lack of ticket sales. That said, we saw an upturn in the number of individual Fundraising actiivities during the Year which in turn gave us an increase in donatioons from the previous 12-month period. Awareness of the Charity and its services increase Year on Year and we have seen a rise in the number of people using our “Listening Ear Service” which has been extended to 40 hours per week and is available every evening, 365 days a Year. We stand ready to provide immediate support to our local and wider communities whenever people reach out without them queueing to be listened to. We conrinue to offer a no waitng list service on counselling and where we have been successful in receiving small grants, we have delivered these to the requirements of the contracts on time and sometimes ahead of schedule. There are some larger fundraising events planned over the next 12-18 months including another Charity Bike Ride and we are hopeful that this will not only raise more funds but also lead to more awareness and more followers/supporters. We will also be revamping our website which we’re aiming to launch for 2026. With the continued lack of public funding, we are constantly pushing for fundraisers, events and other ideas to bring in further revenue. ## **Reference and Administrative Details** ## **Trustees** R Hewitt K York J Hewitt M Thomas K Hanger B Thomas M Wright ## **Charity Number** 1182625 ## **Independent Examiner** J Sweeney Accountants J Sweeney Accountants Seven Grange Lane Pitsford Northampton NN6 9AP Page 1 **Kelly's Heroes Trustees' Report (continued) For The Year Ended 31 March 2025** The trustees' report was approved by the board of trustees and signed on its behalf by: R Hewitt Trustee Date Page 2 ## **Kelly's Heroes Independent Examiner's Report to the Trustees of Kelly's Heroes For The Year Ended 31 March 2025** I report to the trustees on my examination of the accounts of Kelly's Heroes (the Trust) for the year ended 31 March 2025. ## **Responsibilities and Basis of Report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. J Sweeney Accountants Date Seven Grange Lane Pitsford Northampton NN6 9AP Page 3 ## **Kelly's Heroes Statement of Financial Activities For The Year Ended 31 March 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other
**4**
**EXPENDITURE ON:**
Raising funds
**5**
**NET INCOME/(EXPENDITURE)**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**12**|**Unrestricted**
**funds**
**£**
268,448
-|**Restricted**
**funds**
**£**
-
18,975|**2025**
**Total funds **
**£**
268,448
18,975|**2024**
**Total funds**
**£**
135,544
82,332| |---|---|---|---|---| ||268,448|18,975|287,423|217,876| ||(209,955)|(43,305)|(253,260)|(312,820)| ||58,493|(24,330)|34,163|(94,944)| ||58,493
253,007|(24,330)
70,815|34,163
323,822|(94,944)
418,766| ||311,500|46,485|357,985|323,822| The notes on pages 7 to 9 form part of these financial statements. Page 4 ## **Kelly's Heroes Comparative Statement of Financial Activities For The Year Ended 31 March 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other
**4**
**EXPENDITURE ON:**
Raising funds
**5**|**Unrestricted**
**funds**
**£**
135,544
-|**Restricted**
**funds**
**£**
-
82,332|**2024**
**Total funds**
**£**
135,544
82,332| |---|---|---|---| ||135,544|82,332|217,876| ||(254,327)|(58,493)|(312,820)| |**NET EXPENDITURE**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**12**|||| ||(118,783)|23,839|(94,944)| ||(118,783)
371,790|23,839
46,976|(94,944)
418,766| ||253,007|70,815|323,822| The notes on pages 7 to 9 form part of these financial statements. Page 5 ## **Kelly's Heroes Statement of Financial Position As At 31 March 2025** |**Notes**
**CURRENT ASSETS**
Debtors
**9**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**10**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**12**
On behalf of the board|**Unrestricted**
**funds**
**£**
4,525
367,996|**Restricted**
**funds**
**£**
-
-|**2025**
**Total funds **
**£**
4,525
367,996|**2024**
**Total funds**
**£**
4,557
335,781| |---|---|---|---|---| ||372,521
(14,536)|-
-|372,521
(14,536)|340,338
(16,516)| ||357,985|-|357,985|323,822| ||357,985|-|357,985|323,822| ||357,985|-|357,985|323,822| ||||46,485
311,500|70,815
253,007| ||||357,985|323,822| |||||| R Hewitt Trustee Date The notes on pages 7 to 9 form part of these financial statements. Page 6 ## **Kelly's Heroes Notes to the Financial Statements For The Year Ended 31 March 2025** ## 1. **General Information** Kelly's Heroes is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1182625. The principal address is . ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 3. **Income from Donations and Legacies** |.
**Income from Donations and Legacies**|||| |---|---|---|---| |Donations and gifts
.
**Other Income**
Restricted Income
.
**Analysis of Expenditure**
Raising funds
Raising funds|**Activities**
**undertaken**
**directly**
**£**
112,263|**2025**
**Unrestricted**
**funds**
**£**
268,448|**2024**
**Unrestricted**
**funds**
**£**
135,544| |||**2025**
**Restricted**
**funds**
**£**
18,975|**2024**
**Restricted**
**funds**
**£**
82,332| |||**Support costs**
(see note 6)
**£**
140,997|**2025**
**Total**
**£**
253,260| ||**Activities**
**undertaken**
**directly**
**£**
172,750|**Support costs**
(see note 6)
**£**
140,070|**2024**
**Total**
**£**
312,820| 4. **Other Income** ## 5. **Analysis of Expenditure** Page 7 ## **Kelly's Heroes Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** ## 6. **Support Costs** |Employee costs
General administration
Employee costs
General administration|**2025**
**Raising funds**
**£**
119,357
21,640| |---|---| ||140,997| ||**2024**
**Raising funds**
**£**
118,353
21,717| ||140,070| |7.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Other pension costs|**2025**
**£**
116,519
2,210
118,729|**2024**
**£**
115,527
2,634| |---|---|---| |||118,161| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. ## 8. **Average Number of Employees** Average number of employees during the year was: 4 (2024: 4) ## 9. **Debtors** |.
**Debtors**||| |---|---|---| |**Due within one year**
Trade debtors
0.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Other creditors
Taxation and social security|**2025**
**£**
4,525
**2025**
**£**
8,035
438
6,063
14,536|**2024**
**£**
4,557| |||**2024**
**£**
13,997
-
2,519| |||16,516| 10. **Creditors: Amounts Falling Due Within One Year** Page 8 ## **Kelly's Heroes Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** ## 11. **Pension Commitments** The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £2,210 (2024: £2,634). At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors. ## 12. **Movement in Funds** ||**As at 1 April**|||**As at 31 March**| |---|---|---|---|---| ||**2024**|**Income**|**Expenditure**|**2025**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |General:||||| |General unrestricted fund|253,007|268,448|(209,955)|311,500| |**Restricted funds**||||| |Restricted fund|70,815|18,975|(43,305)|46,485| |**Total funds**|323,822|287,423|(253,260)|357,985| ||**As at 1 April**|||**As at 31 March**| ||**2023**|**Income**|**Expenditure**|**2024**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |General:||||| |General unrestricted fund|371,790|135,544|(254,327)|253,007| |**Restricted funds**||||| |Restricted fund|46,976|82,332|(58,493)|70,815| |**Total funds**|418,766|217,876|(312,820)|323,822| ## 13. **Transactions with Trustees** During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows: |**2025**|**2024**| |---|---| |**£**|**£**| 14. **Related Party Disclosures** Page 9 ## **Kelly's Heroes Detailed Statement of Financial Activities For The Year Ended 31 March 2025** |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
**Other**
Restricted Income
**EXPENDITURE ON:**
**Raising funds**
Purchases
Restricted Costs
Wages and salaries
Employers pensions - defined contributions scheme
Staff training
Motor and travel expenses
Computer software costs
Insurance
Printing, postage, stationery and advertising
Telecommunications
Subscriptions
Bank charges
Sundry expenses
**NET INCOME/(EXPENDITURE)**|**2025**
**Total**
**funds**
**£**
268,448|**2024**
**Total**
**funds**
**£**
135,544| |---|---|---| ||268,448
18,975|135,544
82,332| ||18,975|82,332| ||287,423
(68,958)
(43,305)
(116,519)
(2,210)
(628)
(1,877)
(4,231)
(574)
(9,372)
(770)
(4,175)
-
(641)|217,876
(114,256)
(58,494)
(115,527)
(2,634)
(192)
(615)
(3,216)
(574)
(11,297)
(694)
(4,495)
(45)
(781)| ||(253,260)|(312,820)| ||(253,260)|(312,820)| ||34,163|(94,944)| Page 10