The Kent Foundation Annual Report and Impact Review 2025/2026 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Contents** |**Contents**|| |---|---| ||**Page**| |Trustees' Report|3-11| |Independent Examiner's Report|12| |Statement of Financial Activities|13| |Comparative Statement of Financial Activities|14| |Statement of Financial Position|15| |Notes to the Financial Statements|16-21| |The following pages do not form part of the statutoryaccounts|| |One Page Highlight for Funders|22| 2 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Trustees Report** ## **Chair’s Foreword** The 2025/26 financial year represents a period of consolidation and preparedness for The Kent Foundation following significant organisational change in the previous year. Having successfully transitioned to Charitable Incorporated Organisation (CIO) status and celebrated our 40th anniversary, the charity has focused on embedding strong governance, maintaining service quality, and positioning itself for sustainable future growth. Throughout the year, the Board’s priority has been to ensure that the Foundation remains financially responsible, well-governed and firmly focused on delivering public benefit. We are encouraged by the continued commitment of our volunteer mentor community, and by the confidence shown in the organisation by our funders and partners. The activity outlined in this report reflects the collective effort of our mentors, Trustees, staff, volunteers and supporters. On behalf of the Board, I thank everyone who has contributed to the Foundation’s work during the year. As we look ahead, we do so with confidence in the charity’s mission, people and direction. **Stephen Wise** Chair of Trustees 3 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Director’s Review** The 2025/26 year has been one of delivery, consolidation and preparation. Following a period of structural transition, our focus has been on maintaining consistent, high-quality support for young entrepreneurs while strengthening the systems and partnerships needed for future growth. During the year, we continued to deliver one-to-one business mentoring, training and networking support to young people aged 18–40 across Kent. Demand for mentoring remained strong, reflecting both economic conditions and the value young people place on trusted, impartial support. During the year, our core mentoring offer was complemented by funded place-based programmes including Grow in Gravesham and Dartford Means Business, alongside continued work with schools, colleges and local partners. These programmes extended our reach, helped young entrepreneurs access practical start-up and growth support. We also focused on organisational development, embedding our CRM system, strengthening safeguarding and data management processes, and improving how we evidence outcomes and impact. These changes ensure we remain compliant, accountable and able to demonstrate value clearly to funders and stakeholders. I am grateful to our Trustees for their oversight and challenge, our volunteer mentors for their time and expertise, and our partners for their continued trust. Together, we are building a resilient and credible organisation that delivers long-term benefit to Kent’s communities. ## **Caroline Hallett** Director ## **Registered Charity Number:** 1208109 **Legal Form:** Charitable Incorporated Organisation (CIO) **Governing Document:** CIO Constitution 4 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Trustees’ Report** ## **Objectives and Public Benefit** The Kent Foundation exists to support young people aged 18–40 in Kent to start, sustain and grow businesses through free mentoring, training and networks. The charity’s objectives are: - To advance education and training - To promote entrepreneurship and economic development - To recruit, train and support a skilled volunteer mentor community The Trustees confirm they have had due regard to Charity Commission guidance on public benefit throughout the year. ## **Activities and Programmes** ## **Volunteer Mentor Development** Recruitment, training and ongoing support for volunteer mentors, with strong emphasis on safeguarding and quality. ## **One-to-One Business Mentoring** Free, confidential mentoring tailored to each entrepreneur’s needs and stage of business. ## **Start-Up and Early-Stage** Support for individuals testing or launching ideas, including structured online training. ## **Growth and Scale Support** Mentoring focused on leadership, strategy, finance and sustainable growth. ## **Community, Events and Networking** Events and partnerships that encourage connection, confidence and peer learning. 5 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Achievements and Performance (2025/26)** During the year, the Foundation maintained high engagement across mentoring and training activities. Performance was monitored using participation data, mentor feedback and qualitative outcomes. The year’s activity demonstrates both breadth and depth of support: the Foundation continued to serve young entrepreneurs across Kent while also delivering targeted local programmes that responded to specific community and economic development priorities. **200 154 63** Supported 18-40 yr. olds Matched Mentees New Mentees onboarded and matched **100** **26** ## Mentors New Mentors Trained Programme Ambassadors ## **Grow in Gravesham Project** **160** **20** **37** 1-2-1 Sessions Mentor Matched Grant Awards **34** **12** ## **120** Start Up Attendees Workshops Workshop Attendees ## **Dartford Means Business Project** **13** **£4,500** Business Start ups Distributed pitch prizes for winning matched with Mentors businesses at March 2026’s showcase day 6 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Feedback** Hear how our Mentees, Mentors and Trustees have been impacted: “ ” I was matched with a fabulous mentor who helped develop my confidence & made me think differently about my business. The support has helped me achieve things I didn’t believe were possible **Hannah Catchlove, Fond Company** “ ” The day-to-day aspects of running our business was poor, we had no idea! Our business mentor enabled us to fill the gaps and help us to start growing the business - we wouldn’t be here without them **Karl Cowell, The Wix Guys** “ ” Without the Kent Foundation I wouldn't know about 60% of what I needed to know about running my business! I would highly recommend them, they have been amazing! **Sophie Shepherd, Devoted Homecare Ltd** “ ” One mentee grew his business so strongly that his reputation led to him being headhunted by a local creative team. Seeing the shift in his confidence was just as powerful as seeing his business succeed. **Beth Turner, Volunteer Mentor** “ ” I feel a great sense of pride being part of something with this level of longevity (40 years) in a challenging sector. I value the work the Kent Foundation does, and I am proud to support it as a trustee. I value the commitment of the mentors who give their time and experience, and the determination of the mentees who use that support to build the confidence and capability to go out on their own. **Simon Mahon, Volunteer, Trustee & Treasurer** “ Over the last five years, I’ve mentored around six entrepreneurs across different ” industries and have seen first-hand the real, measurable impact mentoring can have, not just on their businesses, but on their confidence, skills, and lives. **Linda Garcia – Volunteer & Trustee** 7 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Partnerships and External Profile** The Foundation worked in partnership with local authorities, education providers and delivery organisations across Kent. These partnerships strengthened place-based delivery and alignment with local economic priorities. ## **Structure, Governance and Management** The charity is governed by a Board of volunteer Trustees responsible for strategy, compliance, financial oversight and risk management. Day-to-day operations are led by the Director and supported by outsourced professional services and volunteers. ## **Trustees serving during the year:** Mr Stephen Wise (Chair) Mrs Linda Hayes De Garcia (Vice Chair) Mr Simon Mahon (Treasurer) Mrs Lesley Game _Retired 7[th] April, 2026_ Mr Mike Pay Mrs Elizabeth Jenkins Mrs Gail Parker _Joined 25[th] November, 2025_ 8 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Financial Review** ## **Financial Position** The charity has generated incoming resources totalling £138,223, of which £51,324 was unrestricted, and £86,899 was restricted. Expenditure amounted to £117,393, of which £54,810 was unrestricted and £62,583 was restricted. A transfer from restricted funds to unrestricted funds of £6,083 occurred, resulting in a net surplus for the year of £20,830, consisting of a surplus of £2,597 on unrestricted funds and a surplus of £18,233 on restricted funds. These compared to the previous year's incoming resources totalling £95,126, of which £52,876 was unrestricted, and £42,250 was restricted. Expenditure amounted to £91,929, of which £61,010 was unrestricted, and £30,919 was restricted. A transfer from restricted funds to unrestricted of £4,421 occurred, resulting in a net surplus for the year of £6,910, consisting of a deficit of £3,713 on unrestricted funds, and a surplus on restricted funds of £6,910. The charity operated with a minimal staffing structure, outsourcing administrative, financial, and social media functions. Financial sustainability was supported through project-specific funding and strategic partnerships. ## **Reserves Policy** The trustees have established a reserves policy to ensure the charity’s financial resilience and ability to continue its activities in the event of unforeseen circumstances. It is the policy of the charity to maintain unrestricted reserves equivalent to three months of normal operating expenditure. The trustees consider this level to be appropriate to: - Provide a safeguard against fluctuations in income or unexpected increases in expenditure - Ensure continuity of charitable activities and commitments to beneficiaries - Allow sufficient time to adjust operations in response to changes in funding or demand. At 31st March 2025 the charity held unrestricted reserves of £32,299, which represents approximately 5 months of operating costs. The trustees are satisfied that this is in line with the stated policy and provides a prudent level of financial security. ## **Structure, Governance and Management** ## **Governing Document** The Kent Foundation transitioned from an unincorporated trust (charity number 291559) to a CIO on 1 October 2024. The charity operates in accordance with its Governing Document, the Constitution of a Charitable Incorporated Organisation (Foundation Model), as approved by the Charity Commission. Governance is overseen by a Board of Trustees, who meet regularly to review strategy, performance, and compliance. Day-to-day operations are managed by Caroline Hallett, our Director with the support of outsourced professionals and volunteers. Risk management procedures are in place, including safeguarding, data protection, and financial controls. 9 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Trustee Selection Methods** The Board of Trustees undertakes recruitment and appointment processes designed to ensure a diverse and skilled membership. As part of our commitment to robust governance and continuous improvement, The Kent Foundation conducts regular skills audits to ensure that board members, staff, and volunteers collectively possess the competencies required to fulfil their roles effectively and to identify areas for strategic development and succession planning. Trustee appointments are made with regard to the needs identified through these audits, ensuring the Board maintains the expertise necessary to oversee the charity’s activities and fulfil its charitable objects. ## **Legal Compliance Statement** The Kent Foundation confirms that it has complied with its legal obligations under charity law during the financial year ending 31 March 2025. Specifically: The charity operated in accordance with its governing document following its transition to a Charitable Incorporated Organisation (CIO) on 1 October 2024. Trustees have acted in accordance with their legal duties, including: 1. Ensuring the charity is carrying out its purposes for the public benefit 2. Complying with the charity’s governing document and the law 3. Acting in the charity’s best interests 4. Managing the charity’s resources responsibly 5. Acting with reasonable care and skill 6. Ensuring the charity is accountable. Financial records and reporting have been maintained in accordance with Charity Commission guidance, and the accounts for 2024/25 have been prepared in line with the applicable accounting standards. The charity has filed all required returns and updates with the Charity Commission and other relevant bodies. Data protection practices have been reviewed and updated in line with the implementation of a new CRM system, ensuring compliance with UK GDPR. The trustees are satisfied that the charity remains in good standing and continues to meet all statutory and regulatory requirements. ## **Independent Examiner** Fern Murphy MAAT Abel Accounting Services Ltd 10A Long Beech, Ashford, Kent, TN23 4XU 10 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Plans for 2026/27** Trustee priorities include: Maintaining mentoring capacity Delivering funded programmes and contracts Expanding and diversifying the mentor base Strengthening impact reporting and sustainability Pilot project: working with Armed Forces families Pilot project: a one-day conference showcasing youth entrepreneurship These pilots will allow the Foundation to test targeted approaches, build new partnerships and generate evidence for future funding applications, while ensuring that new activity remains aligned with the charity’s core mentoring mission. The trustees' report was **approved by the board of trustees and signed on** its behalf by: Mr Stephen Wise (Chair) 17[th] July 2026 11 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Independent Examiner's Report to the Trustees of The Kent Foundation CIO** ## **For The Year Ended 31 March 2026** Independent Examiner's Report to the Trustees of The Kent Foundation CIO I report to the trustees on my examination of the accounts of The Kent Foundation CIO (the Trust) for the year ended 31 March 2026. ## **Responsibilities and Basis of Report** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and contents 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 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. Fern Murphy MAAT Abel Accounting Services Ltd 10A Long Beech, Ashford, Kent, TN23 4XU 12 June 2026 12 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Statement of Financial Activities** ## **For The Year Ended 31 March 2026** |||||**2026**|**2025**| |---|---|---|---|---|---| |||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**| ||**Notes**|**£**|**£**|**£**|**£**| |**INCOME AND ENDOWMENTS**|||||| |**FROM:**|||||| |Donations and legacies|**4**|201|-|201|300| |Charitable activities|**5**|50,800|86,899|137,699|94,590| |Investments|**6**|323|-|323|236| |||51,324|86,899|138,223|95,126| |**EXPENDITURE ON:**|||||| |Charitable activities|**7**|(54,810)|(62,583)|(117,393)|(91,929)| |**NET INCOME**||(3,486 )|24,316|20,830|3,197| |Transfers between funds|**17**|6,083|(6,083)|-|-| |**NET MOVEMENT IN FUNDS**||2,597|18,233|20,830|3,197| |**RECONCILIATION OF FUNDS:**|||||| |Total funds brought forward||32,299|10,120|42,419|39,222| |**TOTAL FUNDS CARRIED FORWARD**|**17**|34,896|28,353|63,249|42,419| The notes on pages 16-21 form part of these financial statements. 13 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Comparative Statement of Financial Activities** ## **For The Year Ended 31 March 2026** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**4**
Charitable activities
**5**
Investments
**6**
**EXPENDITURE ON:**
Charitable activities
**7**
**NET INCOME/(EXPENDITURE)**
Transfers between funds
**17**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**17**|**2025**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**£**
**£**
**£**
300
-
300
52,340
42,250
94,590
236
-
236
52,876
42,250
95,126
(61,010)
(30,919)
(91,929)| |---|---| ||(8,134)
11,331
3,197
4,421
(4,421)
-
(3,713)
6,910
3,197| ||36,012
3,210
39,222
32,299
10,120
42,419| The notes on pages 16-21 form part of these financial statements. 14 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Statement of Financial Position** ## **As At 31 March 2026** |**Notes**
**CURRENT ASSETS**
Debtors
**13**
Cash at bank and in hand
**Creditors: Amounts Falling Due**
**Within One Year**
**14**
**NET CURRENT ASSETS**
**(LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**17**|**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
1,124
7,000
34,972
42,403|**2026**
**2025**
**Total funds**
**Total funds**
**£**
**£**

8,124
38,501

77,375
38,004| |---|---|---| ||36,096
49,403
(1,200 )
(21,050 )|
85,499
76,505
(22,250 )
(34,086 )| ||34,896
28,353|
63,249
42,419| ||34,896
28,353|
63,249
42,419| ||34,896
28,353|
63,249
42,419| |||28,353
10,120
34,896
32,299| |||63,249
42,419| 15 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **Notes to the Financial Statements** ## **For The Year Ended 31 March 2026** Notes to the Financial Statements ## **1. General Information** The Kent Foundation CIO is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1208109. The principal address is: c/o Swift Accountancy, 6 Hembrow, Evegate, Ashford, Kent TN25 6SX. ## **2. Statement of Compliance** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. ## **3. Accounting Policies** ## **3.1. Basis of Preparation of Financial Statements** The financial statements have been prepared under the historical cost convention. The charity is a Public Benefit Entity as defined by FRS 102. On 1 October 2024, the activities, assets and liabilities of The Kent Foundation (charity number 291559) were transferred to a newly established Charitable Incorporated Organisation (CIO). The CIO is considered a continuation of the former charity, as the purposes, beneficiaries, and activities have remained the same and the transfer was made at book value. In accordance with the Charities SORP (FRS 102), the financial statements have been prepared using the principles of merger accounting to present a true and fair view. As a result: - The prior year comparative information presented relates to the former charity. - The current year Statement of Financial Activities and Balance Sheet present the results and position of the continuing organisation as if it had always operated in its current form. - To aid comparability, the results for the split period in 2024 have been presented as a full year. ## **3.2. Going Concern Disclosure** The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charity's ability to continue as a going concern. 16 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **3.3. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose. Restricted funds are to be used for specific purposes as laid down by the donor. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **3.4. Incoming Resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## **3.5. Donated Goods and Services** Kent County Council donates officers' time for directorial and administrative duties for which no monetary amount has been included in these accounts. ## **3.6. Resources Expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure. ## **3.7. Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## **3.8. Government Grant** Government grants are recognised in the statement of financial activities in an appropriate manner that matches them with the expenditure towards which they are intended to contribute. Grants for immediate financial support or to cover costs already incurred are recognised immediately in the statement of financial activities. Grants towards general activities of the entity over a specific period are recognised in the statement of financial activities over that period. Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the statement of financial activities over the useful life of the asset concerned. All grants in the statement of financial activities are recognised when all conditions for receipt have been complied with. 17 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **4. Income from Donations and Legacies** |Donations and gifts
**.** **Income from Charitable Activities**
General activities
Grants, included above, are as follows:
Kent County Council
University of Kent
Henry Smith Charity
Dartford Council
GrowInGravesham|**Unrestricted**
**funds**
**Restricted**
**funds**
50,800
86,899|**2026**
**2025**
**Unrestricted**
**funds**
**Total funds**
**£**
**£**
201
300| |---|---|---| |||**2026**
**2025**
**Total funds**
**Total funds**

137,699
94,590| ||**Unrestricted**
**funds**
**Restricted**
**funds**
50,800
-
-
-
-
-
-
15,200
-
71,699
50,800
86,899|**2026**
**2025**

**Total funds**
**Total funds**
50,800
50,800
-
1,000
-
10,000

15,200
21,000

71,699
11,250

137,699
94,050| ## **5. Income from Charitable Activities** Grants, included above, are as follows: ## **6. Investment Income** |Bank interest receivable
**7. Analysis of Expenditure**
General activities|**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**(see note 8)**
**£**
**£**
72,950
25,250|**2026**
**2025**
**Unrestricted**
**funds**
**Total funds**
**£**
**£**
323
236| |---|---|---| |||**2026**
**Support**
**costs**
**(see note 9)**
**Total**
**£**
**£**

19,193
117,393| |||| |||| 18 The Kent Foundation 2025/2026 Annual Report and Impact Review |**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**(see note 8)**
**£**
**£**
General activities
61,476
14,400
**8.** **Grants Payable**
General activities
Grants paid to institutions, included above, are as follows:
Yo Street Zone
Other grants (individually immaterial)
**9.** **Support Costs**
General administration
**10.** **Independent Examiner's Remuneration**
Independent examination of the financial statements|**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**(see note 8)**
**£**
**£**
61,476
14,400|**2025**

**Support**
**costs**
**(see note 9)**
**Total**
**£**
**£**

16,053
91,929| |---|---|---| |||**2026**
**2025**
**Grants to**
**Institutions**
**Grants to**
**Institutions**
**£**
**£**
25,250
14,400| |||**2026**
**2025**
**£**
**£**
-
10,000
25,250
4,400
25,250
14,400
**2026**
**2025**
**£**
**£**
19,193
16,053| |||**2026**
**2025**
**£**
**£**
560
840| |||| |||| 19 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **11. Staff Costs** Staff costs were as follows: |Wages and salaries
Social security costs
Other pension costs|**2026**
**2025**
**£**
**£**
55,000
52,891
-
1,044
1,821
1,296
56,821
55,231| |---|---| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. ## **12. Average Number of Employees** Average number of employees during the year was: 1 (2025: 1) ## **13. Debtors** |**Due within one year**
Trade debtors
Prepayments and accrued income|**2026**
**2025**
**£**
**£**
5,000
34,250
3,124
4,251
8,124
38,501| |---|---| ## **14. Creditors: Amounts Falling Due Within One Year** |Trade creditors
Other taxes and social security
Other creditors
Accruals
Deferred Income
**5. Deferred Income**
Deferred income movements in the year were as follows:
Balance at the start of the period
Income deferred in the current period
Amounts released in income from previous periods
Balance at the end of the period|**2026**
**2025**
**£**
**£**
-
2,750
-
8,110
-
336
1,200
840
21,050
22,050
22,250
34,086
**2026**
**2025**
**£**
**£**
22,050
-
21,050
22,050
(22,050 )
-
21,050
22,050| |---|---| ## **15. Deferred Income** Deferred income movements in the year were as follows: 20 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **16. Pension Commitments** The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £1,821 (2025: £1,296). At the statement of financial position date contributions of £0 (2025: £335) were due to the fund and are included in creditors. ## **17. Movement in Funds** |**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Dartford
GrowInGravesham
**Total restricted funds**
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Restricted funds**
Dartford
Helping Hands
Henry Smith Charity Grant
GrowInGravesham
**Total restricted funds**
**Total funds**|**As at 1 April**
**2025**
**Income**
**Expenditure**
**Transfers**
**As at 31**
**March 2026**
**£**
**£**
**£**
**£**
**£**
32,299
51,324
(54,810)
6,083
34,896
-
15,200
(9,117)
(6,083)
-
10,120
71,699
(53,466)
-
28,353
10,120
86,899
(62,583)
(6,083)
28,353
42,419
138,223
(117,393)
-
63,249
**As at 1 April**
**2024**
**Income**
**Expenditure**
**Transfers**
**As at 31**
**March 2025**
**£**
**£**
**£**
**£**
**£**
36,012
52,876
(61,010)
4,421
32,299
-
21,000
(17,497)
(3,503)
-
3,210
-
(2,292)
(918)
-
-
10,000
(10,000)
-
-
-
11,250
(1,130)
-
10,120
3,210
42,250
(30,919)
(4,421)
10,120
39,222
95,126
(91,929)
-
42,419| |---|---| ## **18. Transactions with Trustees** No trustee expenses have been incurred. ## **19. Related Party Disclosures** The total employee benefits (comprising gross salary, employer’s National Insurance contributions, and pension contributions) paid to the charity’s key management personnel during the year are as follows: £56,821 (2025: £51,631). 21 The Kent Foundation 2025/2026 Annual Report and Impact Review ## **One-Page Highlights for Funders (2025/26)** ## **The Kent Foundation at a Glance** Supporting young people aged 18–40 across Kent to build sustainable businesses through free mentoring, training and networks. ## **Why Our Work Matters** Young entrepreneurs face barriers to advice, confidence and professional support. The Kent Foundation provides trusted, independent mentoring that enables individuals to build resilience, create livelihoods and contribute to local economic growth. ## **What We Deliver** - Free one-to-one business mentoring - Structured start-up and growth support - Community-based programmes and events ## **Value for Funders** Funding enables us to: - Reach individuals excluded from commercial support - Leverage significant in-kind value via volunteers - Deliver place-based, targeted interventions - Demonstrate accountability and public benefit We operate with a lean staffing model, directing resources primarily toward frontline delivery. ## **Governance and Assurance** - Registered CIO (Charity No. 1208109) - Experienced volunteer Board - Strong financial controls - Independently examined accounts ## **Looking Ahead** In 2026/27, we will focus on sustaining capacity, delivering funded commitments and strengthening long-term impact measurement. **Thank you to our funders and partners** - your support enables opportunity, confidence and sustainable livelihoods to grow. 22 The Kent Foundation 2025/2026 Annual Report and Impact Review **----- Start of picture text -----**
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