## **Finance Report** Total Income (both legal entities): £292,602 Total Expenditure (both legal entities): £221,438 **----- Start of picture text -----**
The Kite Trust The Kite Trust CIO
Charity Reg No : 1097096 Charity Reg No : 1189936
Unrestricted Restricted Prior year Unrestricted Restricted Prior year
Total funds Total funds
funds income funds funds funds income funds funds
Income Resources
Grants for Services 16,608 202,869 219,477 171,457 2,500 - 2,500 N/A
Donations & Gifts 24,414 20,696 45,110 21,307 1,220 - 1,220 N/A
Fundraising - - - 3,974 1,062 - 1,602 N/A
Schools & Training 16,507 - 16,507 29,756 3,670 - 3,670 N/A
Interest - - - - - - - N/A
Other 3,006 - 3,006 2,175 50 - 50 N/A
Total Funds 223,565 223,565 284,100 228,399 8,502 - 8,502 N/A
Resources Expended
Raising funds 917 - 917 2,742 357 - 357 N/A
Activity Costs 1,850 7,957 9,807 15,560 150 582 732 N/A
Salaries & Associated Costs 11,687 140,032 151,719 201,326 - 39,548 39,548 N/A
General Overheads - 12,140 12,140 14,155 - 1,962 1,962 N/A
Property & Office Costs - 3,396 3,396 9,887 - 322 322 N/A
Governance Costs - -167 -167 351 - 705 705 N/A
Total Funds 14,454 163,358 177,812 244,021 507 43,119 43,626 N/A
Transfers between funds -34 34 - - -1,141 1,141 - N/A
Net movement in funds 46,047 60,241 106,288 -15,622 7,995 -43,119 - N/A
Total funds brought forward 62,069 - 62,069 77,691 108,116 60,241 168,357 N/A
Total Funds Carried Forward 108,116 60,241 168,357 62,069 114,970 18,263 133,233 N/A
**----- End of picture text -----**
**----- Start of picture text -----**
Fund
Gains
Purpose and Balances Fund Balances
Income Expenditure Transfers and
Restrictions Brought Carried forward
Fund Name Forward losses
Charities Aid Foundation Project Funded - 4,130 -4,130 - - -
Cambridge City Council Core Funding - 14,500 -14,530 30 - -
Cambridgeshire County Council Core Funding - 15,500 -16,471 971 - -
The Clothworkers Foundation Project Funded - 4,360 -4,384 24 - -
Cambridgeshire Coronavirus Community Fund Project Funded - 14,880 - - - 14,880
Innovate & Cultivate Fund Project Funded - 9,270 -9,720 - - -
Catalyst and the National Lottery Community Project Funded - 5,000 -5,000 - - -
Fund COVID-19 Digital Response
Gilead CARES Project Funded - 20,696 -20,696 - - -
Healthy Fenland Fund and Warwick and Dominey Project Funded - 7,750 -5,517 - - 2,233
Fund
LGBT+ Futures: National Emergencies Trust Fund Project Funded - 7,233 -6,233 - - 1,000
National Lottery Community Fund Project Funded - 25,302 -25,462 160 - -
Office of the Police and Crime Commissioner for Project Funded - 5,000 -4,999 -1 - -
Cambridgeshire and Peterborough
Paul Hamlyn Foundation Project Funded - 30,000 -29,850 - - 150
People’s Postcode Lottery Project Funded - 18,000 -18,000 - - -
South Cambridgeshire District Council Project Funded - 972 -954 -18 - -
Tudor Trust Project Funded - 36,000 -36,000 - - -
Youth Inspired Project Funded - 4,971 -4,982 11 - -
Camp Unrestricted Project Funding 3,343 - - -3,343 - -
James Knott Family Trust Unrestricted Core Funding - 9,000 -9,000 - - -
UK Youth Unrestricted Project Funding 3,680 - -3,380 -300 - -
Unrestricted Unrestricted Core Funding 1,999 60,038 -2,580 2,466 - 61,923
Reserves Unrestricted Reserves 53,047 - - - - 53,047
Total Funds 62,069 292,602 -221,438 - - 133,233
**----- End of picture text -----**
**Annual Report** April 2020 - March 2021 **Registered Charity no.1097096 (closed with effect 31st March 2021) Charitable Incorporated Organisation no. 1189936 (opened with effect 15th June 2020)** ## **Chief of Trustees Introduction** ## **Chief Executive & Chair of Trustees Report** I’m so very tired of a society where there are people who feel it’s ok to question other people’s bodily autonomy and identity. I look forward to a future where people are no longer afraid to let go of the outdated ideas of gender and sexuality. Where the closet no longer feels like the safer place to be. Despite numerous challenges, 2020/21 was a year of significant change, development and growth for The Kite Trust. The continued response to the COVID-19 pandemic impacted on most activities (with almost everything being delivered remotely), but also presented the organisation with new opportunities. I feel that the young people questioning the limiting labels and categorisations of our current society are the vanguards of the future. I also believe that heteronormativity is inextricably tied to white supremacy and the harmful effects of capitalism – systems of control designed to limit our belief in ourselves, our freedom of expression and importantly our connection with each other. The issues of our time are interlinked and the fight for LGBTQ+ rights and equality benefits everyone in the long run. From a team of 6 part-time staff at the beginning of the year, we were able to expand individuals’ contracts and recruit new team members to grow to a team of 11, of whom 5 were fulltime, by April 2021. This extended capacity and the dedication of the staff team and volunteers enabled us to work with more young people (363 across the year), deliver more individual support (394 sessions) and to reduce the average wait time between enquiry and receiving support by 30%. Despite feeling the negative impacts of restrictions on our schools and training work in the first part of the year, it was a catalyst for concerted work on developing new services able to be delivered remotely. This ultimately led to a resurgence of demand in the latter months of the year, especially with corporate clients and other voluntary sector organisations. And this hard work has not gone unnoticed. The adaption of services and consistent and continued delivery was recognised with ‘The Mayor’s Volunteer For Cambridge Award 2020-21’ and a nomination for ‘Cambridgeshire Live Heroes Award 2021 for Community Action’ – testament to the value that The Kite Trust’s activities have brought to the local community in a difficult year. People should be able to be true to themselves and The Kite Trust does such important work in enabling young LGBTQ+ people to do that. The Kite Trust provides critical support where it is currently lacking and provides a sense of safety, community and validation to so many. I am pleased that we have an organisational approach of really responding to young people and engaging them in shaping services and being part of the Board. I am so proud to support the work of this charitable organisation and am honoured to support Pip and the team in their work. I know how much energy and care they put into The Kite Trust. Thank you to everyone in the team delivering such crucial services and to all of the funders making the work of The Kite Trust possible. We have a huge amount of gratitude and want to say thank you for all our funders and supporters who make our services happen, for the hard work and commitment of our staff and volunteers, for our collaborators and partners, and most importantly for the LGBTQ+ young people who shaped The Kite Trust services for the benefit of themselves and their peers! With pride, Ceri ## **www.thekitetrust.org.uk** Ceri Ann Littlechild (Chair of Trustees) & Pip Gardner (Chief Executive) ## **Youth Work Programme** Despite being almost entirely online for the duration of the year, our youth work programme reached 363 LGBTQ+ young people, up from 343 in the previous year. This included 394 sessions of individual support and 146 group sessions. ## **Responding To Changing Needs and Circumstances** ## **Groups** We continued to run social and peer support groups throughout Cambridgeshire and extended them to Peterborough and surrounding areas. As they mostly took place online, these were divided by age group and activity, rather than having a geographical focus as in previous years. Due to pandemic restrictions there was no residential this year, and only limited face to face activities took place in August 2020 and March 2021 as restrictions began to ease. For some young people the move to online services did not suit them, though many have return as more face to face activities could be offered at the end of the year. For other’s the remote delivery suited their needs and made our provision more accessible, and for that reason the delivery of individual support online, by phone and text, and online groups will continue as part of our programme. Over the year we ran 146 sessions (compared to 150 in the previous year) – averaging nearly 3 per week – with 164 young people and 34 parents, carers and family members accessing them in total. ## **Schools** During 2020-21 we delivered online workshops and assemblies for 280 students at schools and colleges across Cambridgeshire, which was a significant reduction on the previous year owing to periods of lockdown during the pandemic. However, we reached a further 19,332 students through our flagship quality assurance programme, The Rainbow Flag Award and through school staff training. This was an increase of almost 1500 from 2019-20, as schools and colleges from a wider geographical area have engaged with our online training. ## **Rainbow Flag Award** The Rainbow Flag Award is a quality assurance framework with a focus on positive LGBTQ+ inclusion, for all schools and colleges. More information on the award can be found at: **www.thekitetrust.org.uk/ schools-services/rainbow-flag-award/** ## **Funding** ## **Coronavirus Response Funds** We’d like to thank the flexibility and speed at which a number of grant funders responded to the situation of the pandemic, enabling The Kite Trust to adapt and expand to continue to meet service users needs. The full list of grant funders including these response funds is detailed below. ## **Kite Flyers** Our regular giving scheme, Kite Flyers, continued throughout the year gaining an increasing number of supporters who give regularly by direct debit. More information on the scheme can be found at: **www.thekitetrust.org.uk/kiteflyers/** ## **Queer Valentines 2021** “I think the best thing is that they have groups every other week a place to go and be you!” **A YOUNG PERSON** “Social groups provide a safe space for young people to be themselves without fear of judgement or discrimination and provide an opportunity to meet other young people in similar positions” **A YOUNG PERSON** “It’s been a great experience to interact with people just as a human, not as a student/teacher/colleague. I really didn’t have an amazing social life the last two years to be honest, and it’s even more isolating during the pandemic.” **A YOUNG PERSON** ## **Individual Support** We continued to deliver our much needed individual support service across Cambridgeshire, Peterborough and surrounding areas supporting the mental and emotional health of young LGBTQ+ people. We provided 394 sessions of individual support, up from 346 in the previous year, to LGBTQ+ young people across the county. “They just listen rather than focusing purely on viewable results.” **A YOUNG PERSON** “They’re provided by people who understand queer issues and in the event they are unsure are happy to learn. They provide advice which takes into account the situation of the person asking” **A YOUNG PERSON** In a survey of service users in September 2020, young people stressed their interest in extending the age range for the organisation up to 30: “25 is still quite young to be discharged from the charity and many would still feel insecure at this age with their gender and sexuality, especially if they feel like they’ve got no one else to turn to.” **A YOUNG PERSON** This was brought to the AGM and a subsequent meeting of members, allowing it to be made as an alteration to our charitable objects. It’s hoped that the extended age range will allow us to provide individual support to those in their late 20s who would like it, as well as enable us to develop more young volunteers to create peer lead spaces within the charity. The circumstances of the year demanded a great deal of flexibility and creativity and the ideas of the team came to fruition in the creation of a 28 episode podcast and the launch of a community care programme. The podcast, ‘I’m Socially Distancing With…’ paid LGBTQ+ adult artists, performers and role models to take part in recorded interviews with LGBTQ+ young people via video call, with the resulting conversations edited and released as a podcast between March and December 2020. Between them, the episodes have been listened to a total of 1,473 times by September 2021. With support from Always, via UK Youth, and Central England Cooperative, we were also able to launch a community care programme offering sanitary products and supermarket vouchers to service users who may need them for any reason. Central England Co-operative also donated Christmas chocolates to be distributed amongst The Kite Trust service users in December 2020. The first cohort of 16 paying schools and colleges that started the Rainbow Flag Award in September 2019 struggled to complete the award within the expected 3-term period owing to the disruption caused by the pandemic from March 2020. Seven schools from this cohort have now completed the award successfully and one establishment continues to work on the award and aims to complete it in January 2022. Nine schools and colleges across the age-range, including establishments in London, Essex and Buckinghamshire, signed up for the January 2021 cohort of the Rainbow Flag Award and all but one (deferred but continuing) have achieved the Skilled Teacher section of the award. Four primary schools also committed to renewing their award during this period. ## **Training** This year we trained 798 professionals, down from 1382 in the previous year and a decrease of 42%. This reduction is owing to cancelled bookings during the pandemic, notably from Addenbrooke’s Hospital and other healthcare providers. However, Cambridge University Hospital and Addenbrooke’s have booked a series of half-day training courses and a series of sessions for Paediatric Junior Doctors to be delivered in 2021-22. Participants trained this year included 235 school staff and 74 trainee teachers, 70 NHS workers, 81 professionals from statutory services, 177 employees of corporate clients and 161 individuals working in voluntary sector organisations. We have inducted 26 new volunteers to The Kite Trust over 4 training sessions. Training covered topics of LGBTQ+ awareness and inclusion and specific trans awareness and inclusion, based on the needs of the client. ## Total Training Participants **----- Start of picture text -----**
1400
1200
1000
600
400
200
0
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
**----- End of picture text -----**
We hosted our annual fundraising event online in February 2021 allowing supporters to watch a range of artist performances from the comfort of their own home during the last two weeks of the month. ## **We would like to thank all our funders and supporters, including:** Charities Aid Foundation Cambridge City Council Cambridgeshire County Council The Clothworkers Foundation Cambridgeshire Coronavirus Community Fund Catalyst and the National Lottery Community Fund COVID-19 Digital Response Gilead CARES Healthy Fenland Fund Innovate & Cultivate Fund LGBT+ Futures: National Emergencies Trust Fund National Lottery Community Fund Office of the Police and Crime Commissioner for Cambridgeshire and Peterborough Paul Hamlyn Foundation People’s Postcode Lottery South Cambridgeshire District Council Tudor Trust Youth Inspired James Knott Family Trust UK Youth Warwick and Dominey Fund ## **Trustees** The following were trustees for the period April 1st 2020 - 31st March 2021. ## **Ellie DeVries, Neil Reavey, Catherine Allen** The following were trustees at April 1st 2020 - and stepped down during the year. We thank them for their contributions to the charity during their time as Trustees. **Daragh McDermott (Chair), Juliet Snell, Anna Marsden, David Lynch** The following joined as trustees during the year and were trustees at the 31st March 2021. **Ceri Ann Littlechild (Chair), Catherine Lee, Alicia Bruce, Millie Wadkin, Jack Lilley, Emily Kell** |**The Kite Trust**|**The Kite Trust**|**The Kite Trust**|||Charity No|**1189936**|| |---|---|---|---|---|---|---|---| |Annual accounts for theperiod|||||||| ||**Period start**
**date**||15/06/2020|**To**|Period end
date|31/03/2021|| ||||||||| ## **Section A Statement of Financial Activities** |Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Grants for Services
S01
Donations & Gifts
S02
Fundraising
S03
Schools & Training
S04
Interest
S05
Other
S06
**_Total_**
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Activity Costs
S09
Salaries & Associated Costs
S10
General Overheads
S11
Property & Office Costs
S11
Governance Costs
S11
**_Total_**
S12
**Net income/(expenditure) before**
**investment gains/(losses)**
S13
Net gains/(losses) on investments
S14
**Net income/(expenditure)**
S15
Extraordinary items [asset transfer]
S16
Transfers between funds
S17
**Other recognised**
**gains/(losses):**
Gains and losses on revaluation of fixed assets
for the charity’s own use
S18
Other gains/(losses)
S19
**_Net movement in funds_**
S20
**_Reconciliation of funds:_**
Total funds brought forward
S21
**_Total funds carried forward_**
S22|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---| ||2,500|||2,500|| ||1,220|||1,220|| ||1,062|||1,062|| ||3,670|||3,670|| |||||-|| ||50|||50|| ||8,502|-|-|8,502|-| ||||||| ||357|||357|| ||150|582||732|| |||39,548||39,548|| |||1,962||1,962|| |||322||322|| |||705||705|| ||507|43,119|-|43,626|-| ||||||| ||7,995|43,119
-|-|35,124
-|-| ||-|-|-|-|-| ||7,995|43,119
-|-|35,124
-|-| ||108,116|60,241|-|168,357|-| ||1,141
-|1,141|-|-|-| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||114,970|18,263|-|133,233|-| ||||||| ||-|-|-|-|-| ||114,970|18,263|-|133,233|-| CC17a (Excel) 16/06/2021 1 ## **The Kite Trust CIO Balance Sheet As of March 31, 2021** ## **Total** ||**Total**| |---|---| |**Fixed Asset**
**Total Fixed Asset**
**Cash at bank and in hand**
**Kite Trust Payments**
**THE KITE TRUST (3950)**
**THE KITE TRUST (8900)**
**Total Cash at bank and in hand**
**Debtors**
**Debtors**
**Total Debtors**
**Current Assets**
**Prepayments**
**Undeposited Funds**
**Total Current Assets**
**Net current assets**
**Creditors: amounts falling due within one year**
**Trade Creditors**
**Creditors**
**Total Trade Creditors**
**Current Liabilities**
**Employer Pension Liability NEST**
**PAYE Liability**
**Payroll Clearing**
**Total Current Liabilities**
**Total Creditors: amounts falling due within one year**
**Net current assets (liabilities)**
**Total assets less current liabilities**
**Accruals and deferred income**
**Total net assets (liabilities)**
**Charity funds**
**Asset Tfr from the Kite Trust**
**Retained Earnings**
**Surplus/(Deficit)**
**Total Charity funds**|0.00
60,000.00
74,976.23| ||**£ 134,976.23**
41,520.00| ||**£ 41,520.00**
758.44
0.00| ||**£ 758.44**| ||**£ 177,254.67**
1,009.03| ||**£ 1,009.03**
0.00
0.00
150.11| ||**£ 150.11**| ||**£ 1,159.14**| ||**£ 176,095.53**| ||**£ 176,095.53**
44,298.65| ||**£ 131,796.88**
-1,436.17
133,233.05| ||**£ 131,796.88**| CC17a (Excel) 16/06/2021 2 ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets (Note 13)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04|**Total last**
**year**
**£**
F05| |---|---|---|---|---|---|---| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||-|-|-|-|-| |||6,514|37,200|-|43,714|| |||||-|-|-| |||116,713|18,263|-|134,976|| |||123,227|55,463|-|178,690|-| |||||||| |||8,257|37,200|-|45,457|| |||||||| |||114,970|18,263|-|133,233|-| |||||||| |||114,970|18,263|**-**|133,233|-| |||||||| |||-|-|-|-|-| |||-||-|-|| |||||||| |||114,970|18,263|-|133,233|-| |||||||| |||-|||-|-| ||||18,263||18,263|| |||114,970||-|114,970|| ||||||-|| |||114,970|18,263|-|133,233|-| |||||||| |||Signature||Print Name||Date of
approval
dd/mm/yyyy| |||||||| |||||||| CC17a (Excel) 16/06/2021 3 **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable ✓ in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 - and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* - -Tick as appropriate ## **1.2 Going concern** ## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. _**N/A**_ _**N/A**_ _**N/A**_ ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in note { i }. > Yes* ✓ * -Tick as appropriate No* CC17a (Excel) 16/06/2021 4 ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of the change in accounting policy;_**|No Change| |**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information;_**
**_and_**|| |**_(iii) the amount of the adjustment for each line affected_**
**_in the current period, each prior period presented and_**
**_the aggregate amount of the adjustment relating to_**
**_periods before those presented, 3.44 FRS 102 SORP._**|| ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). > Yes* ~~✓~~ * -Tick as appropriate No* ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of any changes;_**|No Change| |**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|| |**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|| ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). |Yes*
✓
No*
**_Please disclose:_**|✓|* -Tick as appropriate|* -Tick as appropriate| |---|---|---|---| ||||| ||||| |**_(i) the nature of the prior_**||**_period error;_**|| |**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||| |**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|||| ||||| CC17a (Excel) 16/06/2021 5 **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related**
**grants**
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| CC17a (Excel) 16/06/2021 6 |**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable| |---|---| |**royalties and dividends**|can be measured reliably.| |**Income from membership**|
Membership subscriptions received in the nature of a gift are recognised in Donations| |**subscriptions**|and Legacies.| ||Membership subscriptions which gives a member the right to buy services or other| ||benefits are recognised as income earned from the provision of goods and services as| ||income from charitable activities.| |**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.| |**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the| ||year.| |**2.3 EXPENDITURE**|**AND LIABILITIES**| |**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or| ||constructive obligation committing the charity to pay out resources and the amount of| ||the obligation can be measured with reasonable certainty.| |**Governance and support**
**costs**|Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.| ||Support costs include central functions and have been allocated to activity cost| ||categories on a basis consistent with the use of resources, eg allocating property costs| ||by floor areas, or per capita, staff costs by the time spent and other costs by their| ||usage.| |**Grants with performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.| |**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.| |**Redundancy cost**|The charity made no redundancy payments during the reporting period.| |**Deferred income**|No material item of deferred income has been included in the accounts.| The charity has creditors which are measured at settlement amounts less any trade **Creditors** discounts A liability is measured on recognition at its historical cost and then subsequently **Provisions for liabilities** measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per **Basic financial** paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 **instruments** to 11.19, FRS102 SORP. ## **2.4 ASSETS** **Tangible fixed assets for** These are capitalised if they can be used for more than one year, and cost at least **use by charity** They are valued at cost. The depreciation rates and methods used are disclosed in note 9.2. **Intangible fixed assets** The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. ## **Heritage assets** They are valued at cost. |Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---| |✓||| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| ||✓|| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |✓||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| CC17a (Excel) 16/06/2021 7 **Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has has investments which it holds for resale or pending their sale and cash and **Current asset** cash equivalents with a maturity date less than one year. These include cash on deposit and **investments** cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. |Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |✓||| |Yes
No
N/a||| |||✓| |Yes
No
N/a||| |||✓| ## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** CC17a (Excel) 16/06/2021 8 **Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items** ## _**Please explain the nature of each extraordinary item occurring in the period.**_ |**Extraordinary item 1**
**Total extrordinary items**
**Description**
Asset transfer from The Kite Trust Charities Commission
registration number 10097096. Transfer Date completion
31st March 2021. Transfer The Kite Trust CIO Registration
number 11859936|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Asset transfer from The Kite Trust Charities Commission
registration number 10097096. Transfer Date completion
31st March 2021. Transfer The Kite Trust CIO Registration
number 11859936|168,357|-| ||||| |||168,357|-| CC17a (Excel) 16/06/2021 9 **Section C Notes to the accounts** ## **Note 10 Details of certain items of expenditure** ## _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the**_ |**_Please provide details of the amount paid for any statutory external_**
**_scrutiny of accounts and other services provided by your_**
**_independent examiner. If nothing was paid please enter '0' in the_**||| |---|---|---| |**Other fees (for example: financial advice, consultancy, accountancy**
**services) paid to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**£**|**Last year**
**£**| ||400|| |||| |||| |||| ## **Accrued Cost** CC17a (Excel) 16/06/2021 10 **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** **Salaries and wages Social security costs Pension costs (defined contribution scheme) Other employee benefits** |**Total staff costs**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||36,234|| |||| |||| ||-|-| ||36,234|-| **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ **No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000** ## **TRUE** |**Band**|**Number of employees**| |---|---| |**£60,000 to £69,999**|| |**£70,000 to £79,999**|| |**£80,000 to £89,999**|| |**£90,000 to £99,999**|| |**£100,000 to £109,999**|| ||| ||| ||| **Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity** ## CEO £7,667 CC17a (Excel) 16/06/2021 11 |**Senior Management**
**Management**
**Youth Workers**
**Admin**
**Total**
**The parts of the charity in which the**
**employees work**
**11.2 Average number of Full Time equivalent employees**|**Senior Management**
**Management**
**Youth Workers**
**Admin**
**Total**
**The parts of the charity in which the**
**employees work**
**11.2 Average number of Full Time equivalent employees**|**This year**
**Number**|**Last year**
**Number**| |---|---|---|---| ||**Senior Management**|1.00|| ||**Management**|2.00|| ||**Youth Workers**|2.60|| ||**Admin**|0.75|| ||**Total**|
6.35|
0.00| ## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_ **Please explain the nature of the payment** ## **Please state the legal authority or reason for making the payment** **Please state the amount of the payment (or value of any waiver of a right to an asset)** ## **11.4 Redundancy payments** _**Please complete if any redundancy or termination payment is made in the period.**_ ## **Total amount of payment** **The nature of the payment (cash, asset etc.)** **The extent of redundancy funding at the balance sheet date** **Please state the accounting policy for any redundancy or termination payments** CC17a (Excel) 16/06/2021 12 **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** **Amount of contributions recognised in the SOFA as an expense** **Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.** **Pension costs are allocated with gross salary and national insurance contributions to the restricted funds** ## _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ **Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.** **Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity** **N/A N/A** ## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan** **N/A** CC17a (Excel) 16/06/2021 13 **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ **Trade debtors Prepayments and accrued income Other debtors Total** |**This year**
**£**|**Last year**
**£**| |---|---| |41,520|-| |758|| |1,436|| |43,714|-| ## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Total**
**Prepayments and accrued income**
**Other debtors**
**Trade debtors**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 16/06/2021 14 **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||1,009||-|-| ||||-|-| ||44,298||-|-| ||||-|-| ||150||-|-| ||45,457|-|-|-| ## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ ## _**Income invoiced 31st March 2021 for funding 2021/2022. Training invoiced in 2020/2021 Delivered 2021/2022**_ |**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||42,495|-| ||-|-| ||42,495|-| CC17a (Excel) 16/06/2021 15 **Section C Notes to the accounts (cont)** ## **Note 24 Cash at bank and in hand** |**Note 24 Cash at bank and in hand**||| |---|---|---| |**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||134,976|| ||-|-| ||134,976|-| CC17a (Excel) 16/06/2021 16 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**|**Expenditure**|**Transfers**|**Gains and**
**losses**|**Fund**
**balances**
**carried**
**forward**
**£**| |CAF|R|ProjectFunded||||||-| |Cambridge City Council|R|CoreFunding|13,018||- 13,989|971||-| |Cambridgeshire CC|R|CoreFunding||||||-| |Clothworkers|R|ProjectFunded||||||-| |Coronavirus CommunityFund|R|ProjectFunded|14,880||-|||14,880| |Cultivate|R|ProjectFunded||||||-| |Discovery|R|ProjectFunded||||||-| |Gilead|R|ProjectFunded|17,102||- 17,102|||-| |HealthyFenland|R|ProjectFunded|2,418||- 185|||2,233| |LGBT Futures|R|ProjectFunded|2,000||- 1,000|||1,000| |National Lottery CF|R|ProjectFunded|6,996||- 7,156|160||-| |OPCC|R|ProjectFunded||||||-| |Paul Hamlyn|R|ProjectFunded|1,320||- 1,170|||150| |PPL|R|ProjectFunded||||||-| |SouthCambsDistrict Council|R|ProjectFunded||||||-| |Tudor Trust|R|ProjectFunded||||||-| |Youth Inspired|R|ProjectFunded|2,506||- 2,516|10||-| |Camp|UR|UnrestrictedProjectFunding||||||-| |JK FamilyTrust|UR|Unrestricted CoreFunding||||||-| |UK Youth|UR|UnrestrictedProjectFunding||||||-| |Unrestricted|UR|Unrestricted CoreFunding|55,070|8,502|-508|- 1,141||61,923| |**_Reserves_**|**UR**|**Unrestricted Reserves**|53,047|||||53,047| |**Total Funds**|||168,357|8,502|- 43,626|-|-|133,233| CC17a (Excel) 16/06/2021 17 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ||**Reason for transfer and where endowment is converted to income,**
**legalpower for its conversion**|**Amount**| |---|---|---| |Between unrestricted and
restricted funds|Restricted fund overspends transferred to unrestricted funds|£1,141| |Between endowment and
restricted funds||| |Between endowment and
unrestricted funds||| |Reserves||| ## **27.4 Designated funds** **Planned use Purpose of the designation Amount** CC17a (Excel) 16/06/2021 18 **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **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 (True or False)** _**TRUE**_ _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ |**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---|---|---|---| |||**This year**||||**Last year**| |||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**| |||**£**|**£**||**£**|**£**| |||||||| |||||||| |||||||| |||||||| _**Please give details of why remuneration or other employment benefits were paid.**_ _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ |**No trustee expenses have been incurred (True or False)**||**_TRUE_**| |---|---|---| |||| |**Type of expenses reimbursed**|**This year**|**Last year**| ||**£**|**£**| |**Travel**||| |**Subsistence**||| |**Accommodation**||| |**Other (please specify):**||| |||| |**TOTAL**||| **Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity** CC17a (Excel) 16/06/2021 19 ## **28.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ |**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**|**_'true' in the box provided._**||| |---|---|---|---|---|---|---|---| |**There have been no related party transactions in the reporting period (True or False)**||||||**_TRUE_**|| ||||||||| |**Name of the trustee**
**or related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**||**Amounts**
**written off**
**during**
**reporting**
**period**
| ||||**£**|**£**|**£**||**£**| ||||||||| ||||||||| ||||||||| ||||||||| _**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ _**For any related party, please provide details of any guarantees given or received.**_ CC17a (Excel) 16/06/2021 20 **Section C Notes to the accounts (cont)** ## **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** The Kite Trust CIO, charity registration number 1189936 received £ 168,357 from The Kite Trust, charity registration number 1097096.The closing reserve at £110,000 represents 28% of the next year budget (2021/2022). The current non-primary purpose exemption for charities with an income of between £32,000 - £ 320,000 is 25% of income. Training represented 7% of income in this year (Full year trading including non CIO activity)). The VAT registration threshold is £85,000. CC17a (Excel) 16/06/2021 21