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2023-03-31-accounts

TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Kingston and District WelCare Association Charity Registration Number: 206286

TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Contents

WELCOME FROM THECHAIR 2
OBJECTIVES ANDACTIVITIES 3
ACHIEVEMENTS ANDPERFORMANCE 4
PLANSFORFUTUREPERIODS 5
FINANCIALREVIEW 5
STRUCTURE, GOVERNANCE ANDMANAGEMENT 6
LEGAL ANDADMINISTRATIVEDETAILS 7
OURTHANKS 8
STATEMENT OFTRUSTEES' RESPONSIBILITIES 9
INDEPENDENTEXAMINER’S REPORT 10
STATEMENT OFFINANCIALACTIVITIES

11
BALANCESHEET
 12
NOTES TO THEACCOUNTS
13 TO21

TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

WELCOME FROM THE CHAIR

On behalf of the trustees of Kingston WelCare, I am delighted to welcome you to our annual report and accounts for 2023. 2022-2023 was another challenging year for Kingston families. After struggling with the isolation, illness, loss and uncertainty of the pandemic, recovery was slow, and the growing cost of living crisis saw many families struggle financially and with mental health issues. In this context the support Kingston WelCare provides has been and continues to be invaluable.

I would like to start by thanking our dedicated Trustees, Staff, and Volunteers. Without their hard work and commitment, we would not be able to achieve what we do. I would also like to thank our funders and donors for their continued support. Your generosity makes it possible for us to continue to provide vital services to our community.

This year, we focused on transforming our charity through recruitment, refurbishment, a focus on reintroduction activities affected by Covid 19 and collaborating with local and likeminded charities to continue to support the parents and family in the community.

We recruited Sue Skrobanski as our Executive Director and built relationships with other organizations in our community. This helped us to provide more effective and necessary support to our families and to address the root causes of the problems they face.

I am proud of what we have achieved this year. However, we know that there is still more work to be done. We are committed to continuing to provide essential support to those who need it most.

Thank you for your continued support.

Tormod Sund Chair of Trustees

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

OBJECTIVES AND ACTIVITIES

Kingston and District WelCare Association (“Kingston WelCare”), established in the late 1880’s, is a Christian based, well-respected local organisation with a rich history in providing parent and child welfare.

Over the decades the services provided have been regularly updated to better meet the changing needs of each generation, moving from supporting unmarried mothers at its inception to the present-day parenting support activities. Our base remains at WelCare House which was substantially refurbished in 1989 with further improvements over the following decades thanks to the Mayor's charity fund and other community contributions.

Our presence in Kingston has been a building block to much bigger things. WelCare’s services empower parents, and in so doing creates a perpetual ripple effect. For many families, it only requires small changes to hold the family together. The Kingston community continues to need grass root organisations like Kingston WelCare that offer effective ‘early help’ at the point of need, so parents do not have to wait until they meet statutory thresholds and require costly interventions.

Our vision is of a world where parents have the confidence and skills to build strong relationships with their children, where they and their families have the capacity and resilience to bounce back from life’s hard knocks and lead happy fulfilling lives.

Our Mission

Kingston WelCare’s mission is to provide a safe, welcoming, and nurturing environment where local families can meet and connect with other parent to share stories and advice. By listening to parents, we seek to work with them and other local organisations to offer professional help as well as providing a range of creative services that benefit children by increasing the confidence, well-being, and resilience of their parents.

Our Values

Compassion and respect

Fellowship and cooperation

To achieve our goals, we provide a caring and safe environment where parents and carers support one another and can shape the projects and activities Kingston WelCare provides.

Through these activities, staff can help parents improve their wellbeing, make lasting change, and build resilience whilst developing cross-cultural supportive connections within the community.

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

ACHIEVEMENTS AND PERFORMANCE

This year has marked a period of transformation and adaptation for Kingston WelCare. WelCare welcomed its new Director in April 2022, ushering in a post-COVID era that introduced a fresh set of challenges for both families and charitable organizations, notably the escalating cost of living crisis.

PlayPlus

The initiative, funded by BBC Children in Need, was designed to aid young children whose parents, primarily mothers, were facing mental health challenges, notably postnatal depression. The project worker actively engaged and provided support to parents while also creating and facilitating weekly sensory play sessions. These activities were carefully crafted to empower parents in nurturing their children's development, with a specific focus on fostering attachment and strengthening the parent-child bond.

The sensory play experiences played a pivotal role in enhancing children's overall development. The project's funding concluded at the start of this year, and we are currently awaiting confirmation regarding the approval of further funding to continue this project.

Families ReConnect

This service was launched at the beginning of June 2021 with the aim of offering emotional and practical support and advice to Kingston families, signposting families to supportive local services in the shadow of Covid 19 and subsequent lockdown measures. The project ended at the beginning of 2023.

Stay and Play

We continued to run our weekly term time "Stay and Play" playgroup, offering a secure environment for preschool children to engage in play, learning, and enjoyment. In addition, we expanded our focus on improving our listening skills, actively encouraging parents to share any challenges they may be facing in their family life. This enhanced communication aims to empower parents to provide the best possible care for their children.

Holiday Activities

We have continued to offer a range of school holiday activities catering to families with children of all ages. This initiative, funded by the Kingston Nursing Association, enables families to enjoy outings and experiences they might not have been able to afford or felt confident doing independently. Throughout the school holidays, our goal is to organize 2 or 3 activities per week.

This year's activities included visits to the Rose Theatre, Kew Gardens, Hounslow Urban Farm, and picnics in local parks. We also hosted crafting sessions, cooking classes, cake decorating workshops, and, of course, the highly anticipated Christmas Party.

Cooking Together

WelCare and BriteBox collaborated on an innovative pilot project aimed at addressing food insecurity and fostering family unity within Kingston's vulnerable communities. Families cooked a BriteBox meal in the Welcare kitchen. The project was specifically designed to assist families experiencing significant hardship and food insecurity. Participants were selected from various sources, including existing WelCare families, local households already benefiting from BriteBox food assistance, and families known to Refugee Action Kingston.

The key objectives were to involve all the family in meal preparation, promoting healthy eating, enhancing family communication, building cooking skills, supporting emotional wellbeing and having fun as a family. We have obtained further funding from the RBK to continue this project.

Organisational development

One of our initial hurdles was securing additional core funding to sustain WelCare House.

Our trustees, staff, and volunteers worked closely together on a mission and vision statements in accordance with our constitution. We have worked extensively on improving our digital marketing to

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

raise awareness of our work, resulting in the creation of a new website and a brand-new logo launched in April 2023. We invite you to explore our revamped online presence at www.kingstonwelcare.org.uk

PLANS FOR FUTURE PERIODS

WelCare remains attentive to the difficulties encountered by Kingston Families and shares the local authorities' commitment to enhancing family resilience. We also acknowledge the benefits of forging partnerships with fellow charitable organizations across a range of initiatives and projects. This collaborative approach enables us to merge our skills, knowledge, and expertise, ultimately leading to a more significant and positive impact. Currently, we are actively exploring the potential of two such projects and are awaiting funding decisions.

We are continuing to focus on gaining more core funding to improve the long-term financial sustainability of WelCare and WelCare House.

Overall, our commitment is to continue offering ongoing support to parents with the challenges of parenting, with a focusing on:

FINANCIAL REVIEW

Financial Result

Income for the year amounted to £53,739 (2022: £44,207) consisting of church contributions, donations, pledges, and rental income. Total expenditure for the period was £68,085 (2021: £56,616), resulting in a net expenditure of £14,346 (2021: £12,409 net income) before transfers between funds.

Reserves Policy

The Trustees policy is to maintain reserves of £40,000 to cover, as a minimum, an equivalent of three months operational expenditure and to enable it to respond to opportunities and to provide for emergencies.

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution

Kingston WelCare is an unincorporated association with its governing document being its Constitution.

Trustees, Advisors and Staff

All Trustees are appointed by Members at the Annual General Meeting. Below is a list of Trustees during the period:

Tormod Sund (Chair) Reverend Sandy Cragg (Vice Chair) Aruna Jennings (Secretary) Nicholas Aplas (Treasurer) Samia Khan Anne Nicholson Anne Owen Mary Ward

In addition, the Trustees are supported by several Advisors. Collectively, the Trustees and Advisors form the Management Committee. The Chair is responsible for the induction of new Committee members. This involves awareness of responsibilities, the governing document, administrative procedures and the history and ethos of the Charity.

The constitution provides for a minimum of four and a maximum of eleven Committee members, at least one of whom is an ordained member of the clergy and one a practising member of a church and these may be joined by advisory members.

The Management Committee is responsible for the recruitment of new Trustees and may co-opt additional Trustees to fill any vacancies that arise at any time during the year. The Committee meets at least six times per calendar year to receive progress reports from the Director and take strategic decisions. Trustees retain the option to call additional Trustees Meetings or Committee Meetings if the need arises.

The Chair of Trustees acts as Line Manager to the Director and the Director acts as Line Manager to the remaining staff. For targeted projects, social workers will also receive case-management, support, and guidance from the Director.

Risk Management

The Trustees have overall responsibility for ensuring that Kingston WelCare has appropriate systems of control, both financial and operational. These systems are designed to provide reasonable, but not absolute, assurance against material miss-statement or loss. During the year, the Trustees continued to regularly review the major financial and operational risks and implement any necessary changes.

The Management Committee and Director are collectively responsible for ensuring the policies are adhered to whilst the Director ensures that all policies are adequately maintained. A full set of policies and procedures are available upon request.

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

LEGAL AND ADMINISTRATIVE DETAILS

Business Address and Registered Office

53-55 Canbury Park Road Kingston upon Thames KT2 6LQ www.welcarekingston.org.uk

Independent Examiner

Sian Lewis Nordens 8 Coldbath Square EC1R 5HL London

Bankers

National Westminster Bank (Current Account) Market Place Kingston upon Thames KT1 1JX

Virgin Money Plc (Savings Account) 15-17 Castle St, Kingston upon Thames KT1 1ST

Metro Bank (Credit Card) 64-66 Clarence Street Kingston upon Thames KT1 1NP

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

OUR THANKS

Kingston WelCare is very grateful to all the funders and donors who make our work for parents possible. This year particular thanks go to:

ORGANISATIONS

Royal Borough of Kingston Kingston Voluntary Action Inner Wheel Club - Kingston Inner Wheel Club - New Malden The Alfred Charitable Trust Kingston Charitable Foundation Kingston Nursing Association

CHURCHES

All Saints, Kingston Parochial Church, St Andrews, Ham Parochial Church St Paul's, Hook PCC of St Andrews Surbiton St. George’s, Tolworth United Reformed, Kingston

DONATIONS AND SUPPORTERS

Copper Mountain Consulting Limited Dragons Without Borders Team Goodgym Kew Gardens Mr. & Mrs. Bartlett Mrs. Aruna Jennings Mrs. Marjie Grant & Mr. John Woods Mrs. Sue Skrobanski Sir Peter Jennings

VOLUNTEERS

Bee Ong Peter Bernadette Farrelly Byeongsu Ann (Peter) Susan Bradford

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

STATEMENT OF TRUSTEES' RESPONSIBILITIES

DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER

In so far as the Trustees are aware:

TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations. Charity law requires the Trustees to prepare accounts for each financial Period. Under that law the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these accounts, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charity SORP 2015. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the Trustees

Tormod Sund Chair

Nicholas Aplas Treasurer

Date: 17 October 2023

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

INDEPENDENT EXAMINER’S REPORT

I report on the accounts of the charity for the period ended 31 March 2022, which are set out on pages 11 to 22.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this Period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

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 which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should

........................................................ Sian Lewis Nordens 8 Coldbath Square EC1R 5HL London

Date: 17 October 2023

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Statement of Financial Activities for the year ended 31 March 2023

Note Restricted
funds
Unrestricted
funds		 Total funds
2023		 Total funds
2022
£
£		 £ £
Income
2
3
4
5
6		 Other
Donation and legacies
Charitable activities
Other trading activities
Investments		 12,525
-
-
7,573
33,155
-
135
-
351
-		 12,525
7,573
33,155
135
351		 10,554
20,653
12,820
68
112
Total 46,166
7,573		 53,739 44,207
Expenditure
7 Charitable activities
Other		 (53,297)
(14,788)
-
-		 (68,085)
-		 (56,616)
-
Total (53,297)
(14,788)		 (68,085) (56,616)
19 Net income/(expenditure)
Transfers from reserves
Transfer between funds
Transfers topension fund creditor		 (7,131)
(7,215)
23,096
-
(7,215)
7,215
-		 (14,346) (12,409)
23,096 -
- -
- (633)
Net movement in funds 8,750
-		 8,750 (11,776)
Reconciliation of funds:
Total funds brought forward 369,146
482		 369,628 381,404
Total funds carried forward 377,896
482		 378,378 369,628

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Balance Sheet as at 31 March 2023

Note 2023
funds		 2022
funds
£ £ £
Fixed assets
11 Tangible assets 306,321 303,333
12
13
14		 Total fixed assets
Currents assets:
Investments
Cash at bank and in hand
Debtors		 9,893
51,492
17,294		 306,321 303,333
10,564
51,357
35,653
Total current assets 78,679 97,574
Liabilities
15
9		 Creditors: Amounts falling due within one year
Creditors: TPT Retirement Solutions		 6,622 25,589
- 5,690
Total current liabilities 6,622 31,279
Net current assets or liabilities 72,057 66,295
Total net assets or liabilities 378,378 369,628
The funds of the charity
18
18		 Capital fund
Unrestricted funds
Restricted Fund		 71,575
306,321		 65,813
303,333
482 482
Total charity funds 378,378 369,628

These financial statements were approved by the Executive Committee on 17 October 2023

_____

Tormod Sund, Chair Executive Committee Member

_____ Nicholas Aplas Honorary Treasurer

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Notes to the financial statements for the year ended 31 March 2023

1 . Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the Period and the preceding Period.

1 .1 Basic of accounting

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 (FRS 102)(effective 1 January 2019)-Charities SORP(FRS102) and the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102).

Kingston WelCare meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical or transaction value unless otherwise stated in the relevant accounting policy note(s).

The financial statements are prepared in £ sterling which is the functional currency of the charity.

1 .2

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 :

Income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Gifts donated for resale are included as incoming resources within activities for generation funds when they are sold.

Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the Period in which they are receivable.

1 .3 Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Equipment costs are considered to be minimal and therefore are charged to the Period in which they are purchased.

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1 .4

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1 .5 Tangible fixed assets and depreciation

Fixed assets include freehold property which is stated on an existing use, open market value basis. The property is not depreciated as, in the opinion of the trustees, the residual value will be at least equivalent to the valuation.

All other assets costing more than £250 are capitalised and are stated at historical cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value evenly over its expected useful life, as follows

Computers : over three years commencing in the first quarter after payment

Fixtures & fittings : over five years commencing in the first quarter after payment

1 .6 Going Concern

After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.

2 Donation and legacies

Unrestricted
Restricted
Funds
Funds
(Project)		 Total
Funds
2023		 Total
Funds
2022
£
£		 £ £
Church contributions
Donation and Miscellaneous		 3,635
-
8,890
-		 3,635
8,890		 2,305
8,249
Total 12,525
-		 12,525 10,554

3 Charitable activities

Unrestricted
Restricted		 Total Total
Funds
Funds		 Funds Funds
2023 2022
£
£		 £ £
Restricted funds
Community Fund
BBC-Children in Need
KVA Community Lottery
Kingston Charitable Foundation
KVA - Health Inequalities
Kingston Nursing Association
RBK Borough Wide Grant
HelpingHands
RBK-Research Mental Health		 -
1,500
-
-
-
2,758
-
-
-
300
-
-
-
1,750
-
1,265
-
-		 1,500 1,500
- 3,000
2,758
- 9,951
300 -
- 4,402
1,750 -
1,265 -
- 1,800
Total funds -
7,573		 7,573 20,653
* All funds in 2022 were restricted

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
Restricted		 Total Total
Funds
Funds		 Funds Funds
(Project) 2023 2022
£
£		 £ £
Licensee rental income
Licensee recharges
Hire of rooms		 26,110
-
283
-
6,762
-		 26,110
283
6,762		 9,936
104
2,780
Total 33,155
-		 33,155 12,820

5 Investment Income

Unrestricted
Restricted		 Total Total
Funds
Funds		 Funds Funds
(Project) 2023 2022
£
£		 £ £
Bank interest 135
-		 135 68
Unrestricted
Restricted		 Total Total
Funds
Funds		 Funds Funds
(Project) 2023 2022
£
£		 £ £
Member contributions:
Miscellaneous		 351
-		 351
112
Total 351
-		 351 112
General
Capital		 Unrestricted
Restricted		 Total
Fund
Funds		 Funds
Funds		 Funds
(Project) 2023
£
£		 £
£		 £
Directly attributable to projects 36,219
-		 36,219
14,788		 51,007
17,078
Support costs 15,167
1,911		 17,078
-
Total 51,386
1,911		 53,297
14,788		 68,085
Breakdown of restricted and unrestricted expenditure for 2022 Breakdown of restricted and unrestricted expenditure for 2022 Breakdown of restricted and unrestricted expenditure for 2022 Breakdown of restricted and unrestricted expenditure for 2022 Breakdown of restricted and unrestricted expenditure for 2022
General
Capital		 Unrestricted
Restricted		 Total
Fund
Funds		 Funds
Funds		 Funds
(Project) 2022
£
£		 £
£		 £
Directly attributable to projects 21,893
-		 21,893
20,653		 42,546
Support costs 12,322
1,748		 14,070
-		 14,070
Total 34,215
1,748		 35,963
20,653		 56,616

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

Costs directly attributable comprise:

General
Capital
Fund
Funds		 Restricted
Unrestricted
Funds
Funds
(Project)		 Total
Funds
2023		 Total
Funds
2022
£
£		 £
£		 £ £
Project running costs
Printing, postage & stationery
Salaries		 35,627
-		 35,627
9,501		 45,128 37,162
468
-		 468
5,287		 5,755 5,174
124
-		 124
-		 124 210
Total 36,219
-		 36,219
14,788		 51,007 42,546

Support costs comprise:

Restricted Total Total
General
Capital		 Unrestricted
Funds		 Funds Funds
Fund
Funds		 Funds
(Project)		 2023 2022
£
£		 £
£		 £ £
Cleaning & hygiene
Insurance
Depreciation
Sundries
Independent examiners fee
Staff support & recruitment
Gas, electricity & water
Premises maintenance
Professional fees
Telephone and IT		 2,844
-		 2,844
-		 2,844 2,908
-
-		 -
-		 - 175
3,352
-		 3,352
-		 3,352 1,938
1,718
-		 1,718
-		 1,718 784
2,933
-		 2,933
-		 2,933 2,606
2,256
-		 2,256
-		 2,256 2,221
-
1,911		 1,911
-		 1,911 1,748
579
-		 579
-		 579 515
645
-		 645
-		 645 335
840
-		 840
-		 840 840
Total 15,167
1,911		 17,078
-		 17,078 14,070

Restricted Funds Expenditure by Major Activities

Activities
G fdi		 Total Total
Activity of programme undertaken
Support costs
rant unng
f tiiti
directly
o acves		 2023 2022
£
£
£		 £ £
Community Fund
BBC-Children in Need
CookingTogether
Holiday Programme
Parent Mental Health Research
Kingston Charitable Foundation		 1,500
-
-		 1,500 1,500
2,758
-
-		 2,758 3,000
7,215
-
-		 7,215 9,951
300
-
-		 300 4,402
1,750
-
-		 1,750 -
1,265
-
-		 1,265 1,800
Total 14,788
-
-		 14,788 20,653

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

8 Analysis of Employee Costs

Total Total
Funds Funds
2023 2022
£ £
Salaries
Miscellaneous staff costs
Employer pension contributions		 44,318 36,169
700 935
111 233
Total Funds 45,129 37,337
Average number of employees during the year
3
3

No employee was paid in excess of £60,000 during the year (2021-22 nil).

None of the trustees have been paid any remuneration or received any other benefits from an employment.

The employer NICs costs of £2,971 were covered by the employment allowance in 2022-23 (2021-22: £2,026).

Key management personnel include the Tustees, Interim Director and Administrator. The total employee benefits, including pension costs and employers national insurance contributions of the charity's key management personnel were £37,643 (2022: £23,384). In the current year, 2 employees (2022: 2) were considered to be key management personnel during the year.

9 Pension Scheme and Contingent Liability

Kingston WelCare operates pension schemes, staff are members of a defined contribution scheme run through NEST. One Retired staff is in a scheme operated by TPT Retirement Solutions, Kingston WelCare has repaid the pension debt in 2023. 9.1 TPT Retirement Solutions

Kingston WelCare has repaid the pension debt £5,690 in full in 2023.

9.2 NEST Pension scheme

During the year all other staff were entered into the NEST pension scheme in line with auto enrolment with employer's contribution rates set at 3% and employee's contribution rates set at 5% of pensionable pay. During the year contributions of £699.59 (2021-22: £935.46) were paid into this scheme.

10 Related Party Transactions

No remuneration or expenses were paid directly or indirectly out of the Association's funds to any trustee or to any person or persons known or connected to them.

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

11 Tangible Fixed Assets

Fi &
Fhld ld
Computers
xtures
Fitti
reeo an
d bildi		 Total
ngs
an ungs
£
£
£		 £
Cost or valuation
At 01 April 2022 300,000
28,842
4,895		 333,737
Additions -
4,899		 4,899
Disposals -
-
-		 -
Revaluations -
-
-		 -
Transfers -
-
-		 -
At 31 March 2023 300,000
33,741
4,895		 338,636
Depreciation and impairments
At 1 April 2022 -
25,814
4,591		 30,405
Disposals -
-
-		 -
Depreciation -
1,606
304		 1,910
Impairment -
-
-		 -
Transfers -
-
-		 -
At 31 March 2023 -
27,420
4,895		 32,315
Net book value at 31 March 2022 300,000
3,029
304		 303,333
Net book value at 31 March 2023 300,000
6,321
0		 306,321

The freehold property is currently held on Kingston WelCare's behalf by the South London Church Fund and the Southwark Diocesan Board of Finance. No formal valuation has been undertaken by an independent expert. No depreciation is charged on the freehold property as it would be immaterial. Each year the Trustees inspect the property for indications of impairment.

12 Receivables and Accrued Income

Total Total
Funds Funds
2023 2022
£ £
Receivables
Prepayments		 7,920 9,667
1,973 897
Total 9,893 10,564

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TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

13 Investments Investments Investments Investments
Total Total
Funds Funds
2023 2022
£ £
Virgin Bank 51,492 51,357
14 Cash at Bank and in Hand Cash at Bank and in Hand Cash at Bank and in Hand Cash at Bank and in Hand
Total Total
Funds Funds
2023 2022
£ £
Bank current account - NatWest
Debit card account - Metro
Cash in hand		 15,572 34,149
1,601 1,399
122 105
Total 17,294 35,653

15 Payables: Amounts falling due within one year

Total Total
Funds Funds
2023 2022
£ £
Creditors 1,850 -
Accrued expenses
Grants carried forward
Others
269 20,835
4,503 4,753
Total Accrued expenses 4,772 25,589
Total 6,622 25,589

16 Restricted Funds - Grants in Advance and Accrued Grant Income

Grants
Balances for Period Balance
Grants
Brought		 Ended Carried
Received
Forward		 31 Mar 23 Forward
£
£		 £ £
RBK Borough Wide Grant
Kingston Charitable Foundation
RBK-Research Mental Health
KVA-Health Inequalities
Kingston Nursing Association		 1,500
-		 1,500 -
-
-
-
-
2,758
-		 2,758
1,750
-		 1,750
300
-		 300
1,265
-		 1,265
Total funds 7,573
-		 7,573 -

19

TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

17 Analysis of Fund Assets and Liabilities

Unrestricted
Restricted
Fund
Fund		 Total
Funds
£
£		 £
Tangible fixed assets
Current liabilities
Current assets		 306,321
-
78,679
-
(6,622)
-		 306,321
78,679
(6,622)
Total 378,378
-		 378,378
Fund name Fund
Income
Expenditure
Transfers
balances
brought
forward		 Fund
balances
carried
forward
£
£
£
£		 £
Restricted funds
Kingston Nursing Association -
1,500
(1,500)
-
-
2,758
(2,758)
-
-
-
(7,215)
7,215
-
300
(300)
-
1,750
(1,750)
-
1,265
(1,265)
-
482
-
-
-		 -
-
-
-
-
-
482
BBC-Children in Need
RBK-Research Mental Health
Kingston Charitable Foundation
KVA - Health Inequalities
RBK Borough Wide Grant
Brought forward
Restricted funds 482
7,573
(14,788)
7,215		 482
Unrestricted funds
Projects for Assets
Accruals
Designated Capital Fund
General Fund
Pension Fund(Short-Term Creditors)		 303,333
4,899
(1,911)
-
65,813
41,267
(51,386)
15,880
2,550
-
(2,550)
20,043
(20,043)
-
503
-
(503)		 306,321
71,574
-
-
Unrestricted funds 369,146
69,262
(53,297)
(7,215)		 377,895
Total funds 369,628
76,835
(68,085)
-		 378,378

Purposes of restricted funds

The funds are for services as explained in the trustees report.

Purposes of designated funds

Capital fund: This fund represents the unrestricted funds that are not available for use as they have been used to purchase Pension fund: In line with the requirements of the current SORP, the pension fund obligation as outlined in Note 9 is now treated as a short term creditor.

20

TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

19 Transfers

Total
General
Pension		 Unrestricted Restricted
Fund
Fund		 Funds Funds
£
£		 £ £
From pension deficit refund
From assets
From accruals		 503
2,550
20,043		 503
2,550
20,043		 -
-
-
Total funds 23,096
-		 23,096 -

21