REGISTERED COMPANY NUMBER: CE021700 (England and Wales) REGISTERED CHARITY NUMBER: 1189265
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 April 2025
for
Kennedy St Foundation
Style Accountants Limited Bank House Southwick Square Southwick West Sussex BN42 4FN
Kennedy St Foundation
Contents of the Financial Statements for the Year Ended 30 April 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 12 |
| Detailed Statement of Financial Activities | 13 |
Kennedy St Foundation
Report of the Trustees for the Year Ended 30 April 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our Vision - Sustainable Recovery
To create a sustainable, visible recovery community that promotes inclusiveness and combats stigma through community integration.
Our Purpose - Hope Recovery is possible. With the right support anyone can turn their life around. Connection
The opposite of addiction is connection. Together we can rebuild our lives. Visibility
Smashing stigmas, sharing our stories, and showing the world that recovery rocks
Significant activities to achieve our purpose
We achieve our purpose by providing a mix of workshop-based learning, sober social events, and peer mentoring; linking people to peer supporters to build a long-term connection to other people in the recovery community.
Our services include:
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Lived experience recovery conversations
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Connection to other services to aid recovery
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1-2-1 Recovery Coaching - Training and Development to promote recovery
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Hiring to 12 step fellowship meetings
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Sober social events and community drop in recovery cafe
In the year 1 May 2024 to 30 April 2025 we had 3359 visits to our recovery hub and supported 447 people on a recovery journey.
Public benefit
We provide support to people who need help to recover from drug and alcohol, and other addictions. Our focus is on recovery. We help people get into recovery, stay there, and lead productive lives at our Recovery Hub in Brighton.
We want to raise awareness of the hope that recovery can bring and the part that Kennedy St Foundation can play in helping people to recover from addiction. By putting the person and their assets at the centre of their recovery, we aim to build a future of hope, not despair.
Page 1
Kennedy St Foundation
Report of the Trustees for the Year Ended 30 April 2025
OBJECTIVES AND ACTIVITIES
Future Plans
Increasing our reach - continuing to grow our client base and to offer more specialised recovery workshops and programmes to our clients.
Improving our communication with supporters - launching a newsletter and targeted personal recovery stories to inform people of our impact and the transformative nature of recovery.
Increasing our staff resources to support the delivery of more recovery programmes and to reach more people in the community
Our Volunteers
We want to give a huge thank you to all of those who have volunteered their time for our charity - we literally could not do what we do without you.
Our Funders
We have to thank all of the amazing organisations that have supported our charity this year:
The Dervia Foundation
Lloyds Foundation
Garfield Weston Foundation
The Albert Gubay Charitable Trust
The Enjoolata Foundation
Neighbourly B&Q Fund
Pret Foundation
Kristina Martin Charitable Trust
Albert Hunt Trust
Lansec Community Grants
The Hedley Foundation
Arnold Clarke Foundation
Julia Rausing Trust
Paypall Giving
All the individual donors and supporters of our charity, large and small.
Page 2
Kennedy St Foundation
Report of the Trustees for the Year Ended 30 April 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE021700 (England and Wales)
Registered Charity number
1189265
Registered office
Bank House Southwick Square Southwick West Sussex BN42 4FN
Trustees
Ms L Lemay Hutchinson Dr S Flowers (appointed 9.5.24) M Roff (appointed 9.5.24) M N Cooper-Levitan (appointed 9.5.24) C R Lyons (appointed 9.5.24)
Independent Examiner
A J Style FCCA Style Accountants Limited Bank House Southwick Square Southwick West Sussex BN42 4FN
20/01/2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. Ms L Lemay Hutchinson - Trustee
Page 3
Independent Examiner's Report to the Trustees of Kennedy St Foundation
Independent examiner's report to the trustees of Kennedy St Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and 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.
A J Style FCCA
Style Accountants Limited Bank House Southwick Square Southwick West Sussex BN42 4FN
21 January 2026 Date: .............................................
Page 4
Kennedy St Foundation
Statement of Financial Activities
for the Year Ended 30 April 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities 2 Investment income 3 Total EXPENDITURE ON Other NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 18,638 1,033 3,132 22,803 1,222 21,581 37,590 59,171 |
Restricted fund £ 168,630 - - 168,630 189,508 (20,878) 50,826 29,948 |
30.4.25 Total funds £ 187,268 1,033 3,132 191,433 190,730 703 88,416 89,119 |
30.4.24 Total funds £ 196,438 - - 196,438 133,499 62,939 25,477 88,416 |
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
Kennedy St Foundation
Balance Sheet
30 April 2025
| Unrestricted Restricted fund fund Notes £ £ CURRENT ASSETS Debtors 7 - - Cash at bank 65,592 29,948 65,592 29,948 CREDITORS Amounts falling due within one year 8 (6,421) - NET CURRENT ASSETS 59,171 29,948 TOTAL ASSETS LESS CURRENT LIABILITIES 59,171 29,948 NET ASSETS 59,171 29,948 FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
30.4.25 Total funds £ - 95,540 95,540 (6,421) 89,119 89,119 89,119 59,171 29,948 89,119 |
30.4.24 Total funds £ 479 97,387 97,866 (9,450) 88,416 88,416 88,416 37,590 50,826 88,416 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
Kennedy St Foundation
Balance Sheet - continued
30 April 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 20/01/2026
............................................. L Lemay Hutchinson - Trustee
The notes form part of these financial statements
Page 7
Kennedy St Foundation
Notes to the Financial Statements for the Year Ended 30 April 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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Kennedy St Foundation
Notes to the Financial Statements - continued
for the Year Ended 30 April 2025
2. OTHER TRADING ACTIVITIES
| 30.4.25 | 30.4.24 | |
|---|---|---|
| £ | £ | |
| Shop income | 1,033 | - |
| INVESTMENT INCOME | ||
| Deposit account interest | 30.4.25 £ 3,132 |
30.4.24 £ - |
3. INVESTMENT INCOME
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 30.4.25 Employees 5 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 23,962 172,476 EXPENDITURE ON Other 8,186 125,313 NET INCOME 15,776 47,163 RECONCILIATION OF FUNDS Total funds brought forward 21,814 3,663 |
30.4.24 5 Total funds £ 196,438 133,499 62,939 25,477 |
|---|---|
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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Kennedy St Foundation
Notes to the Financial Statements - continued
for the Year Ended 30 April 2025
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 37,590 | 50,826 | 88,416 | |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Other debtors | 30.4.25 £ - |
30.4.24 £ 479 |
||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Social security and other taxes | 30.4.25 £ 2,964 |
30.4.24 £ 6,044 |
||
| Pension control | 457 | 406 | ||
| Accrued expenses | 3,000 | 3,000 | ||
| 6,421 | 9,450 | |||
| 9. | MOVEMENT IN FUNDS | |||
| Unrestricted funds | At 1.5.24 £ |
Net movement in funds £ |
At 30.4.25 £ |
|
| General fund | 37,590 | 21,581 | 59,171 | |
| Restricted funds | ||||
| Restricted fund | 50,826 | (20,878) | 29,948 | |
| TOTAL FUNDS | 88,416 | 703 | 89,119 | |
continued...
Page 10
Kennedy St Foundation
Notes to the Financial Statements - continued
for the Year Ended 30 April 2025
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 22,803 Restricted funds Restricted fund 168,630 TOTAL FUNDS 191,433 Comparatives for movement in funds At 1.5.23 £ Unrestricted funds General fund 21,814 Restricted funds Restricted fund 3,663 TOTAL FUNDS 25,477 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 23,962 Restricted funds Restricted fund 172,476 TOTAL FUNDS 196,438 |
Resources expended £ (1,222) (189,508) (190,730) Net movement in funds £ 15,776 47,163 62,939 Resources expended £ (8,186) (125,313) (133,499) |
Movement in funds £ 21,581 (20,878) 703 At 30.4.24 £ 37,590 50,826 88,416 Movement in funds £ 15,776 47,163 62,939 |
|---|---|---|
continued...
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Kennedy St Foundation
Notes to the Financial Statements - continued
for the Year Ended 30 April 2025
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Net movement At 1.5.23 in funds £ £ 21,814 37,357 3,663 26,285 25,477 63,642 |
At 30.4.25 £ 59,171 29,948 89,119 |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 46,765 341,106 387,871 |
Resources expended £ (9,408) (314,821) (324,229) |
Movement in funds £ 37,357 26,285 63,642 |
|---|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2025.
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Kennedy St Foundation
Detailed Statement of Financial Activities for the Year Ended 30 April 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Exceptional items Other trading activities Shop income Investment income Deposit account interest Total incoming resources EXPENDITURE Other Wages Pensions Volunteers expenses Business mentor Administration costs Office costs and equipment Telephone Marketing Computer costs Motor epenses Accountancy Sundries Insurance Bank interest Total resources expended Net income |
30.4.25 £ 14,514 158,628 14,126 187,268 1,033 3,132 191,433 105,727 4,928 8,945 17,080 4,667 30,935 2,492 331 3,706 7,289 3,000 340 753 537 190,730 190,730 703 |
30.4.24 £ 23,962 172,476 - 196,438 - - 196,438 44,448 1,190 26,345 11,872 2,905 33,101 2,496 157 2,154 5,454 2,364 96 496 421 133,499 133,499 62,939 |
|---|---|---|
This page does not form part of the statutory financial statements
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