REGISTERED CHARITY NUMBER: 1198628 ort ofthe Trustees and Unaudited Financial Statements for the Year Ended 31 March 2024 for Kin s Communit
Kin s Communit Contents of the Financial Statements for the Year Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 11 Detailed Statement of Financial Activities 12
Kin s Communit ort of the Trustees for the Year Ended 31 March 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions ofAccounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims As set out in the charity's constitution, the objects of the charity are.. To presetve and protect the good mental health of, in particular but not exclusively, children and young persons in Bolton and the surrounding areas for the public benefit through, in particular but not exclusively.. a) the education of life skills., and b) providing a listening service for children aged 9-12 years. To advance the Christian Religion in Bolton and the surrounding areas for the public benefit through, in particular but not exclusively.. a) educating children and young people, in particular but not exclusively, aged 4-18 years, on the principles and values of the Christian faith., and b) through the promotion of activities and events by other Christian based charities. Public benefit The charity's main activities are described in the sections below. The board of trustees is satisfied with the performance of the charity during the year and in planning the activities the trustees have had regard to the Charity Commission's guidance on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable activities The financial year of 2023-24 has been one of real growth for Kings Community, with our work expanding in all areas, which has further advanced our vision to positively impact the mental, physical and spiritual wellbeing of children, teenagers and adults at risk, through practically demonstrating God's love to them. In 2023124, Kings Community provided 1,120 one-to-one listening ear sessions for 104 different hildren aged between 8 and 15 years old. This equates lo 840 hours-worth of sessions across schools in Little Lever and the surrounding areas of East Bolton. We have also been able to provide 90 hours of small group creative arts wellbeing sessions for 55 Primary School-aged children and 40 hours of wellbeing coffee mornings for parents within the schools. These numbers are a significant growth from the previous year of 2022123, where we provided 276 hours of listening sessions to 24 different children and 60 hours of group creative arts sessions to 40 children. The reason for this growth has been due to numerous reasons.. The employment of another full-time officer in February 2023 gave us the capacity to increase our Se1, resulting in us providing new listening sessions in St Saviour, Red Lane and St Teresa Primary Schools, whilst still continuing in Masefield and Bowness Primary Schools.
Kin s Communit ort of the Trustees for the Year Ended 31 March 2024 Charitable activities - continued We have started working in Ladywood Special School, providing listening services and creative arts sessions for SEND children. Thanks to the grant of £6,500 from CRH, we are now providing 6 listening sessions per week in Little Lever High School. This was initially to address the exacerbation of poor mental health in children when transitioning from Primary to High School. The school, however, have found the service so beneficial that it has now also been offered to Year 8 and 9 pupils, with us training volunteers so we can increase to providing 9 sessions per week. Outcomes in 2023-2024 We measure the progress of our work with each individual through certain metrics including improved self-esteem, confidence, an understanding and implementation of coping strategies where necessary and the feedback of class teachers. We have found that the Listening Ear project and the Creative Arts sessions are having a positive effect on children and teenagers in Little Lever and East Bolton. Children mention that they enjoy the sessions, they feel safe to talk about the things that are worrying them, they find it helpful to receive some coping strategies for when they are feeling very worried or upset and that they enjoy having someone to talk to. We regularly liaise with staff about the progress of the children that we are working with. This feedback is essential in guiding the direction of the sessions so that we are able to adapt to each hild's individual needs. The feedback that we receive is often very positive, mentioning an increase in confidence, an improvement in behaviour or an observation of a child tackling a more specific problem or worry with more confidence. Child A was referred to the Listening Service because they were struggling with low confidence and it was beginning to affect them academically as they were too shy to ask for help when they were struggling. After spending 6 weeks looking at what they were afraid of, the reasons for their worries and working on building their confidence with Rachel, the teacher reported back that Child A now seems much happier in class. They are asking questions, offering answers to questions and are generally much happier and much more confident. The teacher also reported that this has had a positive impact on the rest of the class, with the confidence of the class increasing, as well as their willingness to ask for help when they are struggling. FINANCIAL REVIEW Financial position The charity is in the process of developing a stable financial platform to expand its work and reach. Currently, the main ongoing fixed costs are the salaries of its staff. The charity is looking to secure new funding to increase staff hours to allow it lo expand its work in the community and local schools.
Kin s Communit ort of the Trustees for the Year Ended 31 March 2024 FINANCIAL REVIEW Principal funding sources The charity is dependent on the generosity of individual supporters as well as grant income to support its work in the community. During the year, income has been boosted by the following.. Benefact Trust (Listening and arts) £2,000 CRH Charitable Trust (Listening Se1) £6,500 Bolton CVS (School song projecti £5,000 Trusthouse CF (Listening service) £2,000 Bolton CVS (Listening seNice) £5,000 Garfield Weston Foundation (Listening and arts) £5,000 The charity has also been able to generate income by charging schools to deliver listening and art sessions. The rates are subsidised by the charity to accommodate the constraints of the budgets of the local schools whilst providing a much needed se1 for children. Reserrfes policy The trustees, have considered the level of reserves they wish to retain are appropriate to the charity's needs. The trustees, aim to hold unrestricted reserves equivalent to three month's regular expenditure (excluding projects) as a minimum (i.e. £5,600 as at the end of this financial year}. FUTURE PLANS Due to the increased demand from current schools, we are now recruiting and training volunteers to take on lower priorily cases so that officers can focus on high priority ones. This recruitment process has consisted of identifying potential volunteers, enrolling them on the relevant counselling courses, providing training and guidance over King's Community prolocol and then introducing them to a school that we are currently working in. We currently have 4 volunteers who come into 3 Primary Schools and the High School each week. They have spent the first term shadowing offirS during listening sessions with children and slowly taking greater responsibility throughout later sessions. We are now at the stage where some volunteers can independently take some low priority cases, which will increase capacity within schools and also help officer focus on the most urgent ones. Our overall aim is lo have a volunteer shadow offirS within each school so that we can strategically prioritise cases and increase capacity within each school, thus increasing our current outputs and outcomes. Additionally, some of our current partner schools are now experiencing difficulties with groups within their classes and have asked us to provide a group project that will help improve class empathy and self-awareness. We have adapted our creative arts project for a larger setting and have recruited an external partner to help run this project with our officers. This project will be used as a pilot which we hope to offer to other schools, once completed. New schools have also reached out to us to work in partnership with them, however we currently don't have the resource and capacity. Therefore, our main aim in the short-term future is to recruit a full-time offIr who will have responsibility for working in new schools, further increasing weekly outputs and outcomes. We are currently in the process of applying for funding to external partners in order to finan this new role.
Kin s Communit ort of the Trustees for the Year Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is governed by its constitution adopted on 13 April 2022 and constitutes a Charrtable Incorporated Organisation ICIOI as defined by the Charities Act 2011. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1198628 Registered address 65 Danecroft Little Lever Bolton BL31LL Trustees S McGreavy R Seddon D Graham A Lane C Bagley G Daniel-sam (appointed 4.2.24) Independent Examiner David Wyke FCMA 78 Vvhalley Road Ramsbottom Bury BLO ODE Approved by order ofthe board oftrustees on . by: 28111124 and signed on its behalf S McGreavy- Chairperson
Inde Kin endent Examiner's Re s Communit ort to the Trustees of Independent examinerfs report to the trustees of Kings Community ('the CIO'I I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2024. Responsibilities and basis of report As Ihe charity's trustees of the CIO you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(51 Ibl of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the CIO as required by section 130 of the Act., or the accounts do nol accord with those records., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David Vvyke FCMA 78 Vvhalley Road Ramsbottom Bury BLO ODE Date.. 29111124
Kin s Communit Statement of Financial Activities for the Year Ended 31 March 2024 Period 13.4.22 to 31.3.23 Total funds Year Ended 31.3.24 Total funds Unrestricted Restricted funds fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 7,591 25,500 33,091 10,663 Charitable activities School listening and art sessions 11,810 11,810 6,649 Total 19,401 25,500 44,901 17,312 EXPENDITURE ON Raising funds 2,250 2,250 Charitable activities School listening and art sessions 1,541 22,630 24,171 11,968 Other 1,449 1,449 Total 5,240 22,630 27,870 11,968 NET INCOME 14,161 2,870 17,031 5,344 RECONCILIATION OF FUNDS Total funds brought forward 5,344 5,344 TOTAL FUNDS CARRIED FORWARD 19,505 2,870 22,375 5,344 The notes form part of these financial statements
Kin s Communit Balance Sheet 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted Restricted funds fund Notes CURRENT ASSETS Cash at bank 19,505 2,870 22,375 5,344 NET CURRENT ASSETS 19,505 2,870 22,375 5,344 TOTAL ASSETS LESS CURRENT LIABILITIES 19,505 2,870 22,375 5,344 NET ASSETS 19,505 2,870 22,375 5,344 FUNDS Unrestricted funds Restricted funds 19,505 2,870 5,344 TOTAL FUNDS 22,375 5,344 The financial statements were approved by the Board of Trustees and authorised for issue on 28111124 and were signed on its behalf by.. S McGreavy- Chairperson R Seddon - Treasurer The notes form part of these financial statements
Kin s Communit Notes to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial slatements of the CIO, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 1021 'Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffeclive 1 January 2019),. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation ommitting the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. continued...
Kin s Communit Notes to the Financial Statements - continued for the Year Ended 31 March 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the period ended 31 March 2023. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the period ended 31 March 2023. STAFF COSTS The average monthly number of employees during the year was as follows= Period 13.4.22 to 31.3.23 Year Ended 31.3.24 Programme offirS No employees received emoluments in excess of £60,000. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.24 At 1.4.23 Unrestricted funds General fund Staff fund 5,344 14,161 (5,000) 5,000 14,505 5,000 5,344 14,161 19,505 Restricted funds Listening and arts 2,870 2,870 TOTAL FUNDS 5,344 17,031 22,375 continued...
Kin s Communit Notes to the Financial Statements - continued for the Year Ended 31 March 2024 MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 19,401 (5,240) 14,161 Restricted funds Listening and arts 25,500 {22,630} 2,870 TOTAL FUNDS 44,901 27,870) 17,031 Comparatives for movement in funds Net movement in funds At 31.3.23 Unrestricted funds General fund 5,344 5,344 TOTAL FUNDS 5,344 5,344 Comparative net movement in funds, included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 17,312 {11,968} 5,344 TOTAL FUNDS 17,312 11,968) 5,344 Fund details Name Descri tion Listening and arts Restricted Grant funding for listening and art project costs. staff fund Designated Funds for the employment of a new worker. 10 continued...
Kin s Communit Notes to the Financial Statements - continued for the Year Ended 31 March 2024 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024.
Kin s Communit Detailed Statement of Financial Activities for the Year Ended 31 March 2024 Period 13.4.22 to 31.3.23 Year Ended 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants 5,430 2,161 25,500 3,663 7,000 33,091 10,663 Charitable activities School sessions 11,810 6,649 Total incoming rèsources 44,901 17,312 EXPENDITURE Raising donations and legacies Fundraising support 2,250 Charitable activities Wages Music production Music and art resources 20,920 3,000 251 11,968 24,171 11,968 Other Training Sundry expenses Website and sofvare 1,229 18 202 1,449 Total resources expended 27,870 11,968 Net income 17,031 5,344 This page does not form part of Ihe statutory financial statements 12