## **MammaKind** **A n n u a l r e p o r t a n d a c c o u n t s f o r 2 0 2 3** 1 ## Contents ## Trustees Annual Report |1. Welcome from our Chair|2| |---|---| |2. Welcome from our Head of Operations|3| |3. Who we are and what we do|4| |4. Our achievements and performance|5| |5. Reference and administrative details|7| |6. Structure, governance and management|7| |7. Thank you to our supporters|8| |Financial report|| |8. Independent examiners report|9| |9. Income and expenditure|11| |10. Balance sheet|12| |11. Notes to the financial statement|13| 1 ## 1. Welcome from our Chair I could spend my time here writing about the impact the cost-of-living crisis is having on our clients and our charity. However, by now, we are all well read on the subject. As I sit, thinking about what to say in our fourth annual report and accounts, I am feeling grateful. We first started supporting clients in early 2020 and became a charity in May 2020. As such we very much ran in crisis mode for our first few years (thanks to a pandemic that feels a lifetime ago). However, under the thoughtful leadership of our Head of Operations, Kelly Fort, we have now transitioned from a hand-tomouth organisation to a growing charity with financial stability, three employees, three warehouses and an improved referral system. None of this could have been achieved without our hardworking team of staff, volunteers, donors, supporters, and funders, who include private individuals, companies, and trusts and foundations. It is very humbling for our co-founders to have developed a service that has such a great impact on those we help, and that a whole community has gotten behind us and helped us grow. One of the most common things people do when they give us donations is to thank us for the opportunity to do some good. But we are grateful for you. Thank you for your unwavering support and we look forward to continuing our journey with you. ## Kirsty Lowe 2 ## 2. Welcome from our Head of Operations As a baby bank that supports children up to 5 years old, the niggle we often have is, “how do older siblings feel, when lots of new stuff turns up for their brothers and sisters, and nothing for them?”. So, we have always tried to provide something, whether clothes, books, toys, stationery or toiletries to any siblings within the families referred to us. In 2023, I’m delighted to report we supported every single sibling with a full bundle of lots of lovely things, just for them. In 2023 we supported 2,677 people including 1,519 children and 917 families, a 22% increase versus the level of people supported in the period of our last set of financial statements (1,643 people in the period 1 April to 31 December 2022). We guided 85 teenagers through their transition to motherhood with a continuation of our NHS project. This project is incredibly important to us as we work with midwives to establish trust among young women who would otherwise be alienated from the services available to support them and their newborns. Another area where we have an important impact is sustainability - which is a huge benefit that goes hand-in-hand with distributing good quality preloved items to those who need them. The “as new” value of pre-loved donations given to our families last year was an incredible £809,854. These vital items are otherwise unattainable and keep children safe while redressing the impact poverty has on them. And of course, these gently used items are being repurposed instead of being discarded. Looking ahead, we are committed to building our success and finding ways to support even more families. Together, we can make a lasting difference in the lives of the children and families we serve. ## Kelly Fort 3 ## 3. Who we are and what we do MammaKind is dedicated to preventing and relieving poverty among socially and economically disadvantaged families who struggle to provide the basic necessities for their young children. We focus on supporting mums with children up to five years old by providing essential items such as cots, high chairs, clothing, and toys. Based in Southeast London, MammaKind operates as a baby bank that collects both pre-loved and new donations of clothing, toiletries, and equipment. As the austerity crisis deepens, more parents than ever before are finding it difficult to afford basic supplies for their children. We are committed to supporting women and their families across Bexley, Bromley, Greenwich, and Lewisham. Our work is made possible through two main warehouses located in Lewisham and Greenwich, where we collect, sort, and package donations for distribution to those in need. Our extensive network includes 114 professionals from over 45 partner organisations, including children’s centres, midwives, NHS workers, and various charities and support organisations. We are proud to collaborate closely with The Salvation Army in Lewisham and St Alfege Church in Greenwich, who assist us with warehousing, logistics, and service provision. We are especially proud of the care and attention we put into choosing, packaging, and tailoring the items we provide to each family. Our partners consistently praise the personalised approach we take in meeting the specific needs of each family and the short time we take to support them. In a recent sample survey of our clients, 100% said we had met their needs and improved their wellbeing, demonstrating the importance of our work and the positive impact we have on the families we serve. 4 ## 4. Our achievements and performance In 2023, we made a real difference to the lives of the families we support. Every book, toy, and essential item we provide not only shows these families that someone cares, but also helps give every child an equitable chance to build a successful future. We gave out 3,192 books to 1,064 kids, sparking a love for reading and learning. For the littlest ones, we made sure 429 baby books found their way to newborns, so they could start life with stories to inspire them. Toys bring joy and development, so we were thrilled to gift 5,615 toys this year. Children under 2 years old received 4 toys and the rest received 5 toys. For those who had none, we made sure they got extra - 227 children under 2 years old and 59 older kids, each got 3 additional toys to brighten their world. But it wasn’t just about the fun stuff - we made sure essential needs were met too. We handed out 2,158 packs of nappies, with 170 going to teen mums via our NHS project, giving them one less thing to worry about. And because we know how much these mums give to their kids, we teamed up with Beauty Banks, Hygiene Banks, and Space NK in Blackheath to gift 714 beauty packages. These weren’t just products; they were a way to remind these amazing women that they matter too. Health and well-being were a big focus, so we provided 1,949 hygiene bundles to keep families clean and healthy. We also made sure that 165 prams were available so mums could safely take their babies to health appointments and activities. And because every child deserves a good night’s sleep, we distributed 117 beds with new mattresses. As the seasons changed, we kept kids warm with 1,856 coats and 1,676 pairs of shoes so they could step out confidently, whatever the weather. 5 ## 4. Our achievements and performance (continued) This year, we strengthened our infrastructure to help us to better serve our community by recruiting our third member of staff and implementing a new customer relationship management system. These changes significantly improve our efficiency and capacity when supporting families. We couldn’t have done any of this without our committed team of 32 volunteers and 114 individual referral partners. One of the highlights of the year was bringing Christmas cheer to 203 families. 467 children received a brand new main toy, stocking fillers, stationery and selection boxes making the holiday season a little brighter. We were also able to provide brand new gifts to 203 mums and 52 dads. All in all, the total value of everything we gave out in 2023 came to £834,052. That’s a big number, but what really matters is the impact it had on the families we helped. 6 ## 5. Reference and administrative details |Charity number:|1189620| |---|---| |Registered office:|43 Bennett Park, London,
SE3 9RA| |**Trustees**|**Date appointed**| |Kirsty Noelle Lowe|22 May 2020| |Jeremy Lowe|5 October 2020| |Katie Jennifer Allen-East|11 January 2021| |Juliet Olive Campbell|24 July 2021| ## 6. 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. 7 ## 7. Thank you to our supporters Our work would not be possible without our supporters, funders and the organisations set out to make charity life easier, including: Pantheon Ventures Parkside Community Centre Patheon Ventures (UK) LLP Peabody Community Foundation Peter Stebbings Memorial Trust Postcode Society Trust Sainsbury’s Lewisham Salvation Army Bromley Salvation Army Lewisham Slalom All about the Bump Beauty Banks Benevity Charitable Giving Cantu Beauty Delatim Limited Eltham College Enthuse Feed UK Greenwich Foodbank Limited InKind Direct Interserve Group Holding Limited JobLadder Limited John Lewis Just Giving Kitmas Leathersellers Foundation Lewisham Council Lewisham Foodbank Lewisham Local London Catalyst Man Group Mapp Nosy Crow HSBC Merchant Taylors Foundation On The Heath Omnicom Space NK Blackheath St Alfege Church St James Place Foundation St Margarets Church St Olave’s Prep School The Access Group The Big Give The Book Trust The Childhood Trust The Hygiene Bank Lewisham The Lee Charity of William Hatcliffe The London Community Foundation The Merchant Taylors' Foundation The Workers League The National Lottery The PR Network Zero Degrees 8 # **Independent examiner's report on the accounts** ## **Section A** ## **Independent Examiner’s Report** **Report to the trustees/** Charity Name MammaKind **members of On accounts for the year** 31 December 2023 **ended** **Charity no** 1189620 **(if any)** **Set out on pages** 9-10 (remember to include the page numbers of additional sheets) **Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. 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 Commission (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 general Directions given by the Charity Commission. 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. **Independent** In connection with my examination, no material matters have come to my **examiner's statement** attention (other than that disclosed below *) 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 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. * _Please delete the words in the brackets if they do not apply._ **Signed:** **Date:** 27/9/2024 **December 2017** **IER** 9 **Name:** Sabina Reed |**fessional**
**) or body**
**(if any):**
**Address:**|AAT| |---|---| ||| ||Holy Brook Associates Ltd| ||Curious Lounge, 1stFloor Pinnacle Building| ||Tudor Road, Reading, RG1 1NH| **Relevant professional qualification(s) or body (if any):** ## **Section B** ## **Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners) **Give here details of any items that the examiner wishes to disclose** . **December 2017** **IER** 10 ## MAMMAKIND INCOME AND EXPENDITURE ## Year ending 31 December 2023 |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 1 Jan
Funds carried forward
at 31 Dec|Unrestricted
Funds
2023
£
354,131
693
354,824
3,799
329,425
333,224
21,600
21,600
20,344
41,944|Restricted
Funds
2023
£
62,400
62,400
38,112
38,112
24,288
24,288
2,625
26,913|Total
Funds
Dec 2023
£
416,530
693
417,224
3,799
367,537
371,336
45,888
45,888
22,969
68,857|Total
Funds
Nine months
ended Dec
2022
£
447,423
106| |---|---|---|---|---| |||||447,529| |||||452
463,112| |||||463,564| |||||(16,035)| |||||(16,035)
39,005| |||||22,969| The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities. 1 ## MAMMAKIND Balance Sheet at 31 December 2023 |Note
Fixed Assets
Tangible assets
14
Current assets
Debtors
19
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
31 Dec 2023
£
463
6,745
42,018
48,763
7,282
41,481
41,944
41,944
-
-
41,944
-
41,944|Restricted
Income Funds
31 Dec 2023
£
26,913
26,913
26,913
26,913
26,913
-
26,913
-
-
26,913|Total
Funds
31 Dec 2023
Total
Funds
31 Dec 2022
£
£
463
144
6,745
68,931
26,403
75,676
26,403
7,282
3,577
68,394
22,826
68,857
22,970
68,857
22,970
-
-
26,913
2,625
41,944
20,344
-
-
68,857
22,970| |---|---|---|---| The financial statements were approved by the trustees on 29 September 2024 Kirsty Noelle Lowe, Chair to the Board of Trustees 2 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 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. 3 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 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. 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. 4 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 1. Accounting policies (continued) ## 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. ## 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. 5 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 1. Accounting policies (continued) ## 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. 6 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 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
Total
Charitable activities
Total
Total Income|Unrestricted
Funds
2023
£
80,446
3,625
37,400
232,660
354,131

693
693
354,824|Restricted
income
funds
2023
£
62,400

62,400
62,400|Total
Funds
2023
£
80,446

3,625
99,800
232,660

416,530
693
693
417,224|Total
Funds
2022
£
20,359
3,588
4,125
419,351| |||||447,423
106
106
447,529| Note that a change of valuation method for donated goods has resulted in a lower figure in the year ended 31 December in both the income and expenditure (see Note 5). 7 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 4. Analysis of receipts of grants Year ended 31 December 2023 |Year ended 31 December 2023|| |---|---| |Daws
Leathersellers’ Company
Lewisham Council
London Catalyst
Merchant Taylors’ Foundation
National Lottery (accrued income)
Peabody
People’s Postcode Lottery
Rushey Green Time/Lewisham Local
Tesco
The Big Give
The Childhood Trust
The Lee Charity (William Hatcliffe)
The London Community Foundation
The Peter Stebbings Foundation
Total
Nine month period ended 31 December 2022
Tesco - ring fenced for toiletries and mattresses
Rushey Green/Lewisham Local Grant
The Lee Charity (unrestricted)
Total|2023
£
400
3,000
9,666
5,000
3,000
4,664
5,000
17,000
13,450
375
10,000
10,000
3,740
9,505
5,000| ||99,800| ||2022
£
1,125
2,500
500| ||4,125| 8 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 5. Donated goods, facilities and services |. Donated goods, facilities and services||| |---|---|---| |Donated items
Use of property
Other income
Total|2023
£
232,660
232,660|2022
£
419,351| |||419,351| The charity changed its policy for valuing donated goods for 2023, using a cost based on the second hand value that would have been charged in an arm’s length transaction. The policy in prior years for valuing donated goods was to use a cost based on the new value. As regards the value of donated facilities and services, the charity benefits substantially from the time and skills provided by its 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. 9 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 6. Cost of Charitable Activities |Expenditure on raising funds
Incurred seeking donations
Total expenditure on raising
funds
Direct Expenses
Essentials
Advertising and marketing
Audit & Accountancy Fees
Bank Fees
Consulting
Depreciation Expense
General Expenses
Insurance
IT Software and Consumables
Motor Vehicle Expenses
Parking
Pensions Costs
Packaging, Postage, Freight
Printing & Stationery
Rent
Salaries
Employers National Insurance
Staff Training
Travel
Warehouse Costs
Website & domain name
Volunteer Expenses
Donated Items
Total Expenditure on
charitable activities
TOTAL EXPENDITURE|Unrestricted
Funds
2023
£
3,799
3,799
1,415
14,710
2,502
2,802
848
1,285
1,831
2,614
1,224
41
1,822
1,983
514
3,450
54,052
378
1,583
3,414
166
232,660
329,425
333,224|Restricted
Funds
2023
£
-
-
8,073
11,084
50
27
550
18,146
181
38,112
38,112|Total
Funds
2023
£
3,799
3,799
1,415
22,783
2,502
2,802
848
1,285
1,831
13,698
1,274
41
1,849
1,983
514
4,000
72,198
378
1,765
3,414
166
232,660
367,537
371,336|Total
Funds
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| Note that a change of valuation method for donated goods has resulted in a lower figure in the year ended 31 December in both the income and expenditure (see Note 5). 10 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 7. Extraordinary items of expenditure There were no extraordinary items of expenditure during the year or previous period. ## 8. Funds received as an agent The charity did not receive any funds as an agent in the year or the previous period. ## 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 £360 incl VAT (2022 £360). In addition, the Examiner’s firm received fees totalling £1,267 incl VAT (2022 £159) for other services, including accountancy and bookkeeping. These figures are included in the accounts. ## 11. Staff costs |1. Staff costs||| |---|---|---| |Salaries and wages
Social security costs
Pension costs (defined contribution)
Total staff costs|2023
£
72,198
378
1,849
74,426|2022
£
26,170
-
478| |||26,648| The average number of staff employed during the year was two (2022 one). No employees received employee benefits (excluding employer pensions costs) for the reporting period of more than £60,000. ## 12. Pension scheme |12. Pension scheme||| |---|---|---| ||2023|2022| ||£|£| |Amount of contributions recognised as an expense|1,849|478| |13. Grant making||| The charity did not make any grants during the period. 11 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 14. Tangible fixed assets |4. Tangible fixed assets|||| |---|---|---|---| |Cost
At 1 January
Additions
At 31 December
Depreciation
At 1 January
Depreciation charged
At 31 December
Net book value
At 1 January
Change
At 31 December|Fixtures and
fittings
2023
£
1,734
1,167
2,901
1,590
848
2,438
144
319
463|Total
2023
£
1,734
1,167
2,901
1,590
848
2,438
144
319
463|Total
2022
£
1,734
-| ||||1,734
1,156
434| ||||1,590| ||||578
434| ||||144| ## 15. Intangible Assets The charity did not have any intangible assets in the year or prior period. ## 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 donated goods is recognised as a component of donations when distributed, with an equivalent amount recognised as charitable expenditure. 12 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 19. Debtors and prepayments |9. Debtors and prepayments||| |---|---|---| |Prepayments and accrued income
Total|31 December
2023
£
6,745
6,745|31 December
2022
£
-| |||-| ## 20. Creditors: amounts falling due within one year |Accruals and deferred income
Taxation and social security
Other creditors
Total|31 December
2023
£
1,068
-
6,214
7,282|31 December
2022
£
936
1,871
770| |---|---|---| |||3,577| ## 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|31 December
2023
£
68,931
68,931|31 December
2022
£
26,403| |||26,403| 13 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 ## 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. ## 27. Charity Funds ## Movement in funds during the period |Movement in funds during the period|Movement in funds during the period|Movement in funds during the period||||| |---|---|---|---|---|---|---| |**27.1 Details of material funds held and movements during the CURRENT reporting 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|20,344|122,164|-100,564|41,944| |City Bridge Trust|R|Restricted to salary costs|0|9,666|-1,657|8,009| |Rushey Green/Lewisham Local|R|Restricted to essentials|2,500|13,450|-6,696|9,254| |Tesco|R|Restricted to toiletries and mattresses|125|375|-500|-| |Catalyst|R|Restricted fund to support operating costs|-|5,000|-3,529|1,471| |Donations in kind|U|Unrestricted donations in kind|-|232,660|-232,660|-| |Peter Stebbings|R|Restricted to salaries and essentials|-|5,000|-4,670|330| |Peabody Capacity Building Grant|R|Restricted to capacity building|-|5,000|-5,000|-| |Merchant Taylors'Foundation|R|Restricted to essentials|-|3,000|-3,000|-| |The Lee Charity (William Hatcliffe)|R|To cover IT|-|3,740|-3,740|-| |The London Community Foundation|R|Restricted to salary costs|-|9,505|-1,657|7,848| |The National Lottery|R|To cover running costs|-|4,664|-4,664|-| |Leathersellers Co.|R|Restricted to salary costs|-|3,000|-3,000|-| |**Total Funds**|||22,969
|417,224|- 371,336|68,857| ## Movement in funds during the previous year **27.2 Details of material funds held and movements during the PREVIOUS reporting period** |Movement in funds during the previous year|Movement in funds during the previous year|Movement in funds during the previous year|Movement in funds during the previous year|Movement in funds during the previous year|Movement in funds during the previous year|Movement in funds during the previous year|Movement in funds during the previous year| |---|---|---|---|---|---|---|---| |**27.2 Details of material funds held and movements during the PREVIOUS reporting period**|||||||| ||||||||| |**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|28,005|18,553|-26,214||20,344| |City Bridge Trust|R|
Restricted to salary costs|8,000||-8,000||0| |Lewisham Local Grant Trust|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|-|-| |Donations in kind|U|Unrestricted donations in kind|-|419,351|-419,351|-|-| |**Total Funds**|||39,005
|447,529|- 463,564|-|22,970| * Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds 14 ## MAMMAKIND ## NOTES TO THE FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 31 December 2023 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 period nil). In addition, no trustees were reimbursed (prior period nil) for expenses incurred on behalf of the charity. ## 28.3 Related party transactions The charity received grants and donations totalling £17,763 from related parties (three trustees) for the period ended 31 December 2022 (prior period £1,180 from two trustees). None of these transactions had conditions attached. 15