MammaKind **Annual Report and Accounts** 1 April – 31 December 2022 ## **CONTENTS** |**Trustees Report**|**Page**| |---|---| |1. Welcome from our Chair and Head of Operations|3| |2. Reference and administrative details|5| |3. Structure, governance and management|5| |4. Who we are and what we do|6| |5. Our achievements and performance|7| |6. Financial review|8| |7. Thank you to our supporters|9| |8. Declaration|10| |**Accounts**|| |10. Independent Examiner’s Report|11| |11. Income and Expenditure|13| |12. Balance Sheet|14| |13. Notes to the Financial Statements|15| ## **TRUSTEES REPORT** ## **1.Welcome from our Chair and Head of Operations** ## **Welcome from our Chair** I’m pleased to report a successful nine months for MammaKind to 31 December 2022. Our financial year end is now 31 December and this will make reporting on our performance more meaningful and straightforward in the future. As a result of this focus on stability, and under the stewardship of Kelly Fort (our Head of Operations), we managed a 53% effective annual increase in the number of individuals supported by Mammakind in the nine months to 31 December 2022, supporting 1,643 people. The focus of 2022 was very much to bring about stability for our fledging organisation, having had much upheaval during the preceding financial year due to the impacts of Covid. We achieved this in part due to the procurement of a larger warehouse for storage of big items (including cots and prams) and the recruitment of our second employee, who manages our Lewisham warehouse. Having a warehouse manager in place gave us more space to focus on our future, and much of this hard work will be reported on next year. It is heart-breaking to witness the environment for those we support becoming harder, particularly as children are among those most affected. In strengthening our organisation, which will continue into next year, we can keep lifting those affected by austerity. We send deeply grateful thanks to the volunteers, supporters, donors and partners who work with us to improve the lives of families in poverty. This important work could not happen without you. Kirsty Lowe 3 MammaKind Annual Report, 1 April to 31 December 2022 ## **Welcome from our Head of Operations** In 2022 we saw an increase in families’ needs, as the impact of Covid remained and the cost-of-living crisis developed. We responded by growing and improving our service, enabling us to give generous and high-quality bundles of items to meet basic needs, including children’s clothing, toys, books, toiletries and hygiene products, cots, mattresses, bedding, and prams. Between April and December we reached 1,643 family members across Lewisham, Greenwich, Bromley, and Bexley. We are grateful to our team of over 25 regular volunteers and many corporate volunteers in supporting us, whether it is tirelessly sorting donations, or lovingly putting together gifts for parents and children, it helps us to reach more families each year. During the summer, we worked with Lewisham and Greenwich NHS trust midwives to create a project offering support and encouragement to 80 teen and vulnerable mums experiencing poverty. By providing new mum & baby packs, designed for their age group, we were able to reach some of the most isolated groups of young women, helping them to give their babies a better start in life and build their trust in support services. We are proud of what the team have achieved and excited to see how this project will grow in 2023. We ended the year on a high note with our biggest Christmas campaign to date. We were able to support nearly 200 families, meaning that 645 people (including 403 children) had gifts to open on Christmas morning. We know more challenges lie ahead in 2023 and we hope you will continue to support us in helping more families in need. Kelly Fort MammaKind Annual Report, 1 April to 31 December 2022 4 ## **2. Reference and Adminstrative Details** Charity number: 1189620 Registered office: 3-11 Albion Way, London SE13 6BT Trustees Date appointed Kirsty Noelle Lowe 22 May 2020 Jeremy Lowe 5 October 2020 Juliet Olive Campbell 24 July 2021 Kathryn Jennifer Allen-East 17 January 2021 Independent examiner: Victoria Butters Holy Brook Associates Limited Curious Lounge, 1st Floor, Pinnacle Building, Tudor Road, Reading, England, RG1 1NH The Trustees have complied with their duty to regard the guidance issued by the Charity Commission on public benefit. ## **3. Structure, Governance and Management** The organisation registered as a charity on 22 May 2020 and became a Charitable Incorporated Organisation (CIO). It was established under a constitution which defines its objects and powers. The constitution sets out the conditions and terms of Trustee appointments and decision making. The constitution was amended on 2 February 2022. The Trustees have four formal meetings per year and review the aims, objectives and activity of the charity annually. 5 MammaKind Annual Report, 1 April to 31 December 2022 ## **4. Who we are and what we do** **----- Start of picture text -----**
Pictured: Volunteers Rebecca Melia, Steph Cawry and Fran Ainger making up bundles
in the MammaKind warehouse
**----- End of picture text -----**
Our constitution sets out our object as: “The prevention or relief of poverty among socially and / or economically disadvantaged families who are unable to provide basic equipment, consumables, food, clothing and toys for children, particularly but not exclusively those aged under 2 years, by supplying with such items free of charge.” MammaKind is a baby bank based in southeast London, which collects pre-loved and new donations of clothing, toiletries and equipment, for mums with young children living in poverty. The increasing austerity crisis means more mothers than ever cannot afford basic supplies. We support women in Bexley, Bromley, Greenwich and Lewisham. Our organisation has two main warehouses from which we are able to collect and sort donations and package them up for those who need them, one in Lewisham and one in Greenwich. Our network of 75 professionals from over 45 organisations includes primarily children’s centres, midwives and other NHS workers, but also other charities and support organisations. Greenwich Foodbank Limited and The Salvation Army in Lewisham partner with us closely on warehousing, logistics and service provision. These partners continue to tell us that the care with which we choose, package and tailor the items we provide to families is second to none. One of our clients, a mum to six children, four of whom are age 5 or under, comments: “Where do I start, words cannot even express how much Mammakind has helped me and my family and still continues to. If there was no Mammakind I don’t know what I would have done or how I would have got the things needed for my children. There was no judgement I was met with nothing but kindness.” 6 MammaKind Annual Report, 1 April to 31 December 2022 ## **5. Our Achievements and Performance** This financial period saw an increase in the number of individuals supported with 1,643 family members, across 544 families, receiving essential items from MammaKind valued at £419,350. The highlights listed below comprise some of the newly bought items, donated items and pre-loved items provided to our clients: - A safe place to sleep for **43** children, mostly babies, with sleep packages including new mattresses, protectors and bedding valued at over £8,143 in total. - **894** bundles of hygiene products comprising wipes, nappy cream, shower gel and shampoo valued at over £20,635. - Thanks to donations from hygiene banks and beauty editors we distributed **301** beauty gifts to help mum feel good about herself valued at £39,130. - **870** packets of nappies valued at £4,846, essential for maintaining the physical health and dignity of children. - **674** bundles of toys for children who had very little to play with valued at £101,150. - **816** children’s clothing bundles valued at £138,237 – many children do not have warm coats or appropriate shoes before using our service. - **207** brand new bottle bundles for formula-fed babies plus 59 new manual breast pumps valued at £14,176 – essential for hygiene while feeding. - Without the safe means of carrying a baby, mum cannot leave home. We distributed **24** prams valued at 16,083 and 105 baby carriers valued at £9,000. - Our Christmas campaign provided presents for **645** family members in 190 families and distributed gifts worth £47,645. In July we began working with Best Beginnings Midwives young persons’ team for Lewisham and Greenwich NHS Trust, providing support packs to mums and their new-borns. Together, we have curated antenatal support packs that are useful, meaningful and help mum to celebrate her pregnancy, helping to remove the shame and stigma often experienced by young pregnant women and encouraging vulnerable young women to engage with the services set up to support them. Jade Baker – Midwife Greenwich and Bexley NHS Foundation Trust, comments on the impact our antenatal packs have: _“_ _**What an impact you have had on our team and the women we care for.** Most of the young and vulnerable women come to us have no support or finances. MammaKind is a_ _wonderful service that we are incredibly grateful for, not only for the young mums but other mums who are in crisis. We look forward to continuing to work with you.”_ In November, we recruited our second employee – a hub manager for our warehouse in Lewisham. Creating this role has provided greater stability for our service and provided a basis for growth. Volunteer, Rebecca Cressy explains why she enjoys volunteering: _“I love volunteering at MammaKind, it’s always a highlight of my week. As a charity MammaKind makes an enormous difference to the lives of so many local families and being a part of that is really special. The care and love they put into everything they do makes MammaKind truly one of a kind!”_ 7 MammaKind Annual Report, 1 April to 31 December 2022 **Monika Welch, Perinatal Nursery Nurse, Oxleas Perinatal Mental Health Team:** _“I am always praising MammaKind on how they try their best to meet individual needs. Even down to offering textured hair products. Your teams’ ability to support women who are already trying to cope to be a mother, and dealing with their mental health, speaks volumes. One mother cried when I dropped off the donations to her house. In her words: ‘I was just thinking which bill not to pay to get some winter clothes for the children.’ Another mother was so grateful that when she is well enough, she would like to volunteer at the charity.”_ ## **6. Financial Review** Our financial statements for the 9-month period to 31 December 2022 are shown in this report, compared against prior figures for the year ended 31 March 2022. The charity received grants and donations of £447,529 during this financial period, including donations in kind. Total resources expended were £463,564 giving a net expenditure for the period of £16,035. Total funds at the year end were £22,969 (of which £2,625 were restricted), down from £39,005 at 31 March 2022 (of which £11,000 were restricted). ## **Reserves Policy** The Trustees examined the charity’s requirements for reserves in light of the main risks to the organisation. The Trustees are aiming for a reserves policy of 12 months of operating expenditure, excluding donated items (noting that a substantial amount of income and expenditure relates to donated items). Whilst the charity had not reached its targeted level at 31 December 2022, the Trustees are confident that, with the funds available and funds expected to be raised in the coming financial year, the charity has sufficient financial resources to enable it to continue to operate. 8 MammaKind Annual Report, 1 April to 31 December 2022 ## **7. Thank You to our Supporters** Our volunteers are the lynchpin that holds MammaKind together. Thank you. We are deeply grateful to all funders and those who have supported MammaKind. These include but are not restricted to: - Acts 435 - Allaboutthebump Ltd - Asda Foundation Green Token Giving Beauty Banks - Blackfen Chiropractic clinic - Blackheath Yoga Blackheath Prep - City Bridge Trust Delatim Limited - Farringtons School - Garfeld Weston Foundation - Goldsmiths Community Centre GRACE Aid - Greenwich Foodbank Limited - Lee Charity of William Hatcliffe Lewisham Local Essentials Grant - London Catalyst MAPP - Patheon Ventures (UK) LLP - Sainsburys Lewisham - Salvation Army Lewisham Sedgehill Academy - Shannon Lawlor - Snuz - Space NK Blackheath - St Margarets Church St Olave’s Prep School - Tesco Community Grants The Conservatoire Nursery - The Bridge East Greenwich The Hygiene Bank Bromley - Valutrades - Wellcome Trust - MAPP - Waitrose and Partners Bromley South - Waitrose and Partners Greenwich Peninsula - Waitrose and Partners Sidcup Workers League Blackheath. Thank you to our individual supporters who have given their time, financial donations and in-kind donations. 9 MammaKind Annual Report, 1 April to 31 December 2022 ## **8. Declaration** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees: Signature: Name: Kirsty Lowe Position: Chair to the Board of Trustees Date: 27 October 2023 10 MammaKind Annual Report, 1 April to 31 December 2022 **Independent Examiner’s Report** |**Report to the trustees**
**On accounts for the year ended**|Mammakind|Mammakind|Mammakind| |---|---|---|---| ||||| ||31stDecember 2022|**Charity no**|1189620| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). **Responsibilities and basis of report** 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 11 ## **Independent examiner's statement** The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Association of Accounting Technicians. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 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 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 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. **Date:** 27/10/2023 **Signed: Name:** Victoria Butters **Relevant professional** MAAT **qualification(s) or body:** DChA **Address:** Holy Brook Associates Ltd, Curious Lounge, 1[st] Floor Pinnacle Building, Tudor Road, Reading, RG1 1NH 12 ## MAMMAKIND INCOME AND EXPENDITURE ## Period ending 31[st] December 2022 |Income from:
Note
Donations
3
Other
Total Income
Expenditure on:
Raising Funds
Charitable activities
6
Total resources
expended
Net income/
(expenditure)
before investment
gains
Net movement in
funds
Fund balances at 31
March 2022
Funds carried
forward at 31 Dec
2022|Unrestricted
Funds
2022
£
443,798
106
443,904
452
451,112
451,564
(7,660)
(7,660)
28,005
20,344|Restricted
Funds
2022
£
3,625
3,625
12,000
12,000
(8,375)
(8,375)
11,000
2,625|Total
Funds
Dec 2022
£
447,423
106
447,529
452
463,112
463,564
(16,035)
(16,035)
39,005
22,969|Total
Funds
Mar 2022
£
368,400| |---|---|---|---|---| |||||368,400| |||||230
364,932| |||||365,162| |||||3,239| |||||3,239
35,766| |||||39,005| The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities. 13 ## MAMMAKIND Balance Sheet at 31[st] December 2022 |Note
Fixed Assets
Tangible assets
14
Current assets
Cash at bank and in hand
24
Total current assets
Creditors: amounts
falling due within one
year
20
Net current assets
Total assets less current
liabilities
Total net assets or
liabilities
Funds of the Charity
27
Endowment funds
Restricted income funds
Unrestricted Funds
Revaluation reserve
Total funds|Unrestricted
Funds
2022
£
144
23,778
23,778
3,577
20,201
20,344
20,344
-
-
20,344
-
20,344|Restricted
Income Funds
2022
£
2,625
2,625
2,625
2,625
2,625
-
2,625
-
-
2,625|Total
Funds
Dec 2022
Total
Funds
Mar 2022
£
£
144
578
26,403
40,838
26,403
40,838
3,577
2,412
22,826
38,427
22,970
39,005
22,970
39,005
-
-
2,625
11,000
20,344
28,005
-
-
22,970
39,005| |---|---|---|---| The financial statements were approved by the trustees on 27th October 2023 Kirsty Noelle Lowe, Chair to the Board of Trustees 14 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS _FOR THE PERIOD ENDED 31 December 2022_ ## 1. Accounting policies ## Charity information Mammakind is an incorporated Charity governed by a Constitution adopted on 22[nd] May 2020. The Charity was registered at the Charity Commission on 22 May 2021 under number 1189620. The Charity is not politically aligned. ## 1.1 Accounting convention The financial statements have been prepared to accordance 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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true fair view. The departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice for charities which is referred to in the Regulations but which has been 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 financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies are set out below. 15 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 1. Accounting policies (continued) ## 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 financial statements. ## 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors 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. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## 1.4 Incoming resources 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 possible 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. 16 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 1. Accounting policies (continued) 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. All of these by the way 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, net of discounts, VAT and other sales related taxes. ## 1.5 Resources expended Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Cost of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Support costs are those costs incurred directly in support of expenditure on the objects of the charity. ## 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 basis: Fixtures and fittings 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 net income divided by (expenditure) for the period. 17 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 1. Accounting policies (continued) ## 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amount 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). Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment annually, and whenever there is an indication that the asset may be impaired. ## 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held 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. ## _Basic financial assets_ Basic financial assets, including debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized 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. Financials assets classified as receivable within one year are not amortised. ## _Basic financial liabilities_ Basic financial liabilities, included 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 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. 18 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 2. Critical accounting estimates and judgements In the application of the charity’s accounting policies, the Trustees are required to make judgments, estimates and assumptions are 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’ 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 effects both current and future periods. ## 3. Donations and legacies |tions and legacies||||| |---|---|---|---|---| |Analysis
Donations and gifts
Gift Aid
General grants
Donated goods,
facilities, and
services
Other
Total
Charitable activities
Total
Total Income|Unrestricted
Funds
Dec 2022
20,359
3,588
500
419,351
443,798

106
106
443,904|Restricted
income
funds
Dec 2022
3,625

3,625
3,625|Total
Funds
Dec 2022
20,359
3,588
4,125
419,351

447,423
106
106
447,529|Total
Funds
Mar 2022
21,860
-
29,163
317,291
87| |||||368,400
368,400| 19 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 4. Analysis of receipts of grants This period |Tesco - ring fenced for toiletries and mattresses
Rushey Green/Lewisham Local Grant
The Lee Charity (unrestricted)
Total|Dec 2022
£
1,125
2,500
500| |---|---| ||4,125| Year ending March 2022 |ing March 2022|| |---|---| |City Bridge Trust towards salaries
Grant from London Catalyst towards new warehouse
Grant from the London Borough of Lewisham
Total|March 2022
£
25,000
3,000
1,163| ||29,163| ## 5. Donated goods, facilities and services |Donated items
Use of property
Other income
Total|Dec 2022
£
419,351
419,351|March 2022
£
317,291| |---|---|---| |||317,291| The charity records donated facilities and services at a notional cost based on the amount that would have been charged in an arm’s length transaction. The charity benefits substantially from the time and skills provided by volunteers. As the value of this cannot be reliably estimated this is not recorded in the accounts however the contribution of volunteers is outlined in the annual report Note that the value of donated goods and services was overstated in the accounts for the year ending March 2022. This has been corrected in the comparator figures for these accounts. 20 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 6. Cost of Charitable Activities |Expenditure on raising funds
Incurred seeking donations
Total expenditure on raising
funds
Direct Expenses
Essentials
Audit & Accountancy Fees
Bank Fees
Consulting
Depreciation Expense
General Expenses
Insurance
IT Software and
Consumables
Motor Vehicle Expenses
Pensions Costs
Packaging, Postage, Freight
Overheads
Printing & Stationery
Rent
Salaries
Staff Training
Travel
Subscriptions
Warehouse Costs
Warehouse Move
Website & domain name
PPE & Safety equipment
Trustee expenses
Volunteer Expenses
Donated Items
Total Expenditure on
charitable activities
TOTAL EXPENDITURE|Unrestricted
Funds
December
2022
£
452
452
623
4,760
676
34
434
373
1,580
25
478
146
285
1,395
18,170
55
1,911
48
288
481
419,351
451,112
451,564|Restricted
Funds
December
2022
£
-
-
1,000
3,000
8,000
12,000
12,000|Total
Funds
December
2022
£
452
452
623
5,760
676
34
-
434
-
373
1,580
25
478
146
-
285
4,395
26,170
55
1,911
-
48
-
288
-
-
481
419,351
463,112
463,564|Total
Funds
March
2022
£
230
230
3,114
4,232
896
56
5,250
578
935
3,558
1,152
753
378
1,836
-
409
600
13,569
300
917
-
1,986
-
230
138
-
6,753
317,291| |---|---|---|---|---| |||||364,932| |||||365,162| 21 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 7. Extraordinary items of expenditure There were no extraordinary items of expenditure during the period or previous year. ## 8. Funds received as an agent The charity did not receive any funds as an agent in the period or the previous year. ## 9. Allocation of Support costs The charity has not analysed its activities separately as at present it considers all its activities to be under a single activity type. ## 10. Remuneration of Independent Examiner The Independent Examiner received remuneration of £300+VAT. In addition, the Examiner’s firm received fees totalling £429+VAT for other accountancy and bookkeeping services. These figures are included in the accounts. ## 11. Staff remuneration |f remuneration||| |---|---|---| |Staff costs
Salaries and wages
Social security costs
Pension costs (defined contribution)
Total staff costs|December 2022
£
26,170
-
478
26,648|March 2022
£
12,544
1,205
378| |||13,947| The average number of staff employed during the period was one. No employees received employee benefits (excluding employer pensions costs) for the reporting period of more than £60,000. The charity did not employ staff during the previous year. ## 12. Pension scheme ||Dec 2022|March 2022| |---|---|---| ||£|£| |Amount of contributions recognised as||| |an expense|478|378| ## 13. Grant making The charity did not make any grants during the period. 22 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 14. Tangible fixed assets |Cost
At 1stApril 2022
Additions
At 31st December 2022
Depreciation
At 1stApril 2022
Depreciation charged
At 31stDecember 2022
Net book value
At 1stApril 2022
Change
At 31stDecember 2022|Fixtures and fittings
Dec 2022
£
1,734
-
1,734
1,156
434
1,590
578
434
144|Total
Dec 2022
£
1,734
-
1,734
1,156
434
1,590
578
434
144|Total
Mar 2022
£
1,734
-| |---|---|---|---| ||||1,734
578
578| ||||1,156| ||||1,156
578| ||||578| ## 15. Intangible Assets The charity did not have any intangible assets in the period or prior year. ## 16. Heritage Assets The charity does not hold any Heritage assets. ## 17. Investment Assets The charity does not hold any investment assets. All cash held is for the requirements of the charity’s day to day activities. ## 18. Stocks The charity holds donated goods as stock and it was deemed that the costs involved in undertaking the valuation of donated stock outweigh the benefit to users of the accounts and to the charity of having this financial information. The value to the charity of the gift was recognised as a component of donations when distributed, with an equivalent amount recognised as charitable expenditure. ## 19. Debtors and prepayments The charity did not have any debtors or prepayments at year end. 23 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 20. Creditors: amounts falling due within one year |Trade creditors
Accruals and deferred income
Taxation and social security
Other creditors
Total|December 2022
£
-
936
1,871
770
3,577|March 2022
£
67
939
335
1,074| |---|---|---| |||2,412| ## 21. Provision for liabilities and charges The charity has not recognised any liabilities or charges in the period or prior year. ## 22. Other disclosures for debtors, creditors and other basic financial instruments No other disclosures are required regarding debtors, creditors or other basic financial instruments in the period or prior year. ## 23. Contingent liabilities and contingent assets The charity has no contingent liabilities or contingent assets at period end or at the prior year end. ## 24. Cash at bank and in hand |4. Cash at bank and in hand||| |---|---|---| |Cash at bank and in hand
Total|December 2022
£
26,403
26,403|March 2022
£
40,838| |||40,838| ## 25. Fair value of assets and liabilities The charity is not exposed to credit risk or market risk. Liquidity risk is low as the charity held sufficient cash reserves to enable it to meet expected liabilities for the coming year. ## 26. Events after the end of the reporting period There were no events after the end of the reporting period that affect the understanding of these accounts. 24 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 27. Charity Funds ## Movement in funds during the period |**Fund names**|**Type PE, EE**
**R or UR ***|
**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Fund**
**balances**
**carried**
**forward**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| |Unrestricted|U|No restrictions, to be used towards the
charitable purpose|28,005|18,553|- 26,213|20,344| |City Bridge Trust|R|Restricted to salary costs|8,000||-8,000|0| |Lewisham LocalGrantTrust|R|Restricted to essentials|-|2,500||2,500| |Tesco|R|Restricted to toiletries and mattresses|-|1,125|-1,000|125| |Catalyst|R|Restricted fund to support new warehouse|3,000||-3,000|-| |Value trades - Christmas
campaign|U|Unrestricted but allocated to essentials|-|3,000|-3,000|-| |Value trades-unrestricted|U|Unrestricted but shown seperately|-|3,000|-3,000|-| |Donationsin kind|U|Unrestricted donationsin kind|-|419,351|- 419,351|-| ||||-|||-| |**Total Funds**|||39,005|447,529|- 463,564|22,970| ## Movement in funds during the previous year |**Fund names**|**Type PE, EE**
**R or UR ***|
**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Transfers**|**Fund**
**balances**
**carried**
**forward**| |---|---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**|**£**| |Unrestricted|U|No restrictions, to be used towards the
charitable purpose|15,631|23,110|-10,736|-|28,005| |CityBridgeTrust|R|Restricted to salary costs|-|25,000|- 17,000|-|8,000| |||||||-|-| |People's Postcode|R|Restricted to running costs|12,324|-|-12,324|-|-| |Trust for London|R|Restricted fund to support beneficiaries|2,350|-|- 2,350|-|-| |Valutrades|U|No restrictions, to be used towards the
charitable purpose|5,462|-|-5,462|-|-| |Catalyst|R|Restricted fund to support new warehouse|-|3,000|-|-|3,000| |Donations in kind|U|Unrestricted donations in kind|-|317,291|-317,291||-| ||||||||-| ||||||||-| |**_Other funds_**|**N/a**|**N/a**|||||-| |**Total Funds**|||35,766|368,400|- 365,162|-|39,005| * Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds 25 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## _FOR THE PERIOD ENDED 31 December 2022_ ## 28. Transactions with trustees and related parties - 28.1 Trustee remuneration and benefits None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. - 28.2 Trustees’ expenses No trustees have been paid expenses relating to their work for the charity (prior year three trustees, detailed below). In addition, no trustees were reimbursed (prior year three trustees £3,927.32) for expenses incurred on behalf of the charity. ## 28.3 Related party transactions The charity received grants and donations totalling £1,180 from related parties (two trustees) for the period ended 31 December 2022. None of these transactions had conditions attached. 26