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2024-03-31-accounts

Wallsend Kinship Carers

A Charity Registered in England & Wales Registration no: 1190153

Trustees Report and Financial Statements For The Year Ended 31 March 2024

Legal and Administrative Information

Name: Wallsend Kinship Carers

Reg'd Charity No: 1190153 Structure Registered Charity Management Committee members: Acting Chair/Secretary Pam McBeth Treasurer Sheila Dodds Trustee Simone Nelson Julie Emmerson Brenda Dowdell Lynne Wood Address: 7 Ferndale Avenue Wallsend Tyne & Wear NE28 7NE Independent Examiner: Mark Thompson MAAT VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Customer First Centre 16 The Forum Wallsend NE28 8JR

Trustees’ Annual Report For the year ended 31 March 2024

The trustees present their report and accounts for the year ended 31 March 2024 Structure

Wallsend Kinship Carers is a Registered Charity no. 1190153, governed by the Board of Trustees.

Governance and Management

The Board of Trustees ensures that the organisation is legally compliant in all areas including finance, health and safety.

Financial Review

The organisation regularly reviews its financial position and systems.

Achievements and Performance of Trust

On 29[th] February this year we learnt that the Lottery funding would come to an end, and we would have to fund our caravan and the caravan support ourselves. We are quite self sufficient and becoming very diligent at maintaining the caravan. We have done many tombolas and sponsored walks, raising money for Our happy Place. Our kinship group are offered to save weekly; to help pay for their holiday and many have chosen this option. We try to make things affordable for those who budget their money.

We've had a few hiccups at the beginning: laundry going missing, not being able to contact Park Dean with queries, Luckily, we managed to get a good rapport with the cleaner and the staff at the resort. It has been a big learning curve for us, but we are on the right path. We have some very knowledgeable trustees on board.

We have had trustees stand down and more join our team. To date we have a great team looking after WKC charity and we are proud of them all for stepping up to keep this charity running smoothly.

Our happy Place has been well used by many Kinship Carers and their families. Everyone who has a holiday, leaves a fantastic review. We have offered many families support totalling £1140 for activities, food etc. The caravan itself has been very expensive and we are working hard to get as many sales as possible. Being mindful of the wear and tear costs. We have learnt a lot from many Caravan owners. We take onboard any suggestions from customers using the caravan. We also rent it out to other groups. Children with special needs, older people and the public. Kinship Carers have priority booking as this was purchased for them.

I took over as treasurer in the middle of April 2024 and even though I’ve found it stressful at times I’ve plodded on and mastered it. Voda and Simone our trustee has always been in the background to help with any queries. We are looking forward to many years to come.

Signed:……………………………………………………, on behalf of Trustees

Print name:

Date:………………………………….

INDEPENDENT EXAMINER'S REPORT

Report to the trustees of

Wallsend Kinship Carers

On accounts for the year ended

31-Mar-24 Charity no 1190153

Respective responsibilities of trustees and examiner

g p preparation of accounts; they consider that an audit is not It is my responsibility to

Basis of independent examiner’s statement Independent examiner's statement

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An In the course of my examination, no matter has come to my i i i l d i f h i d 1. which gives me reasonable cause to believe that in, any

Signed:

Date: 29th July 2024

Name: Mark Thompson MAAT Address: VODA Spirit of North 2nd Floor, Wa 16 The Forum Wallsend NE28 8JR

Wallsend Kinship Carers

Receipts and payments account, period ending 31 March 2024

Receipts
Grants
2
Donations
Caravan Bookings
Events Monies
Kinship Saving
Tea & Coffee SG
Members Christmas Club
Bank Interest
Total Receipts
Payments
Bank Charges
Entertainment
Household
Travel
Event Expenses
Insurance
Internet
Utilities (Caravan Expense)
Caravan Support (Food & Etc)
Mobile
Audit
Services
Room Hire
Stationery
Depreciation
Total Payments
Surplus / deficit for the year
Funds at 1st April March 2023
Funds at 31 March 2024		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2023-24
2023-24
2023-24
2022-23
£
1,000
13,010
14,010
50,202
1,719
1,719
1,676
6,125
6,125
0
375
375
3,094
325
325
0
0
405
0
480
200
200
67
9,744
13,010
22,754
55,924
73
73
101
0
0
1,448
0
0
522
29
29
0
336
450
786
901
310
310
207
220
220
63
0
11,727
11,727
0
667
473
1,140
0
112
112
0
100
100
0
0
56
0
710
198
198
54
2,185
3,064
5,249
0
3,920
16,024
19,944
4,062
5,824
-3,014
2,810
51,862
8,243
50,302
58,545
6,683
14,067
47,288
61,355
58,545

Wallsend Kinship Carers

Balance Sheet at 31 March 2024

Fixed Assets:
Caravan
Current Assets:
Cash at Bank & in Hand
Total Net Assets
Total Assets at 31 March 2024
Represented By:
Restricted Funds (Fixed Assets)
Restricted Funds (Current Assets)
Total Restricted Funds
Unrestricted Funds (Fixed Assets)
Unrestricted Funds (Current Assets)
Total Unrestricted Funds		 2024
2023
£
£
47,238
52,487
14,117
6,058
61,355
58,545
61,355
58,545
47,238
50,302
50
0
47,288
50,302
0
2,185
14,067
6,058
14,067
8,243
61,355
58,545

The financial statements were approved by the following members of the Management Committee :

Signed …………….……………………… Position ………………………………….. Signed …………….……………………… Position ………………………………….. Date ……………………………………….

Wallsend Kinship Carers

Notes to the accounts, 2023/24

1. Basis of accounts

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006

Wallsend Kinship Carers meet the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Fixed Assets are depreciated over a useful lifeline at the following rates: Caravan 10% straight line

1.2 Change to Opening Balance

Note that there was a change to the Opening Balance. The Petty Cash opening balance has been reduced to £67.58. had been spent the previous year, the overall effect being:

2. Restricted Funding

Restricted Funding
National Lottery 12,510
Joicey Trust 300
Catherine Cookson 200
Total Restricted Funding 13,010

3 Restricted Funds

Analysis of Restricted Funds:

(Fixed Assets)
Arnold Clark
Magic Little Grant
National Lottery
Sir James Knott Trust
Total Fixed Assets Fund
(Revenue)
National Lottery
Joicey Trust
Catherine Cookson
Total Revenue Restricted Funds
Total Fixed Asset & Revenue Restricted Funds		 Open Bal
Income
Expend
End Bal
(Fixed Assets)
1,000
1,000
-
500
500
-
46,802
46,802
2,000
1,564
436
50,302
-
3,064
47,238
-
12,510
12,510
-
-
300
300
-
-
200
150
50
-
13,010
12,960
50
50,302
13,010
16,024
47,288
Fixed Assets
Caravan
Cost
As at 1 April 2023 52487
Additions 0
Disposals
As at 31 March 2024 52487
Depreciation
As at 1 April 2023
Charge for the year 5249
Disposals
As at 31 March 2024 5249
Net Book Value at 31 March 2024 47238
.
Net Book Value at 31 March 2023 52487