## **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
- examine the accounts (under section 145 of the 2011
- follow the procedures laid down in the General Directions
- state whether particular matters have come to my
**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
- proper accounting records are kept (in accordance with
- accounts are prepared which agree with the accounting
2. to which, in my opinion, attention should be drawn in
**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**|