CCHF All About Kids (formerly The Children’s Country Holidays Fund)
## Reports and Financial Statements
**For the year ended 31 December 2020**
CCHF All About Kids (formerly The Children’s Country Holidays Fund (Incorporated))
CCHF All About Kids (formerly The Children’s Country Holidays Fund)
## **CCHF All About Kids (formerly The Children’s County Holidays Fund)**
||Page||
|---|---|---|
|Charity information|1||
|Trustees’ report|2||
|Independent Accountant’s Report|3||
|Statement of fnancial activities||4|
|Balance sheet|5||
|Statement of cash fows|6||
|Notes to the fnancial statements|7 - 13||
CCHF All About Kids (formerly The Children’s Country Holidays Fund)
## **CCHF All About Kids (formerly The Children’s County Holidays Fund)**
## **Charity information**
|**Company registration number**
174634|**Company registration number**
174634|
|---|---|
|**Registered Charity number**
206958||
|**Registered ofce**|24 King William Street|
||London|
||EC4R 9AT|
|**Bankers**|Barclays Bank PLC|
||Leicester|
||LE87 2BB|
|**Solicitors**|Veale Wasbrough Vizards|
||24 King William Street|
||London EC4R 9AT|
|**Insurance brokers**
|COBRA Insurance Brokers Limited|
||Matrix House|
||12-16 Lionel Road|
||Canvey Island|
||EssexSS8 9DE|
CCHF All About Kids (formerly The Children’s Country Holidays Fund)
## **CCHF All About Kids (formerly The Children’s County Holidays Fund)**
## **Trustees’ report**
The Trustees of the Charity present their report and the financial statements for the year ended 31 December 2020 which includes the Charity information set out on page 1.
## **Structure, Governance and Management**
## **Governing document**
CCHF All About Kids is a company limited by guarantee governed by its Memorandum and Articles of Association dated 1921 and amended from time to time and most recently in October 2011 to allow for current governance arrangements. It is registered with the Charity Commission.
The Charity’s Board of Trustees (who are also the directors of the company) during the financial year were as follows:
Mr A Cartwright
Mr P Voller
Since 1884 CCHF has supported disadvantaged children by providing outdoor experiences; during its long history the organisation has adapted and developed its service to ensure they always meet the needs of young people while remaining committed to the core values and aims of the founders.
In 2017, Trustees took the decision to merge with The Outward Bound Trust (“OBT”) an organisation that shares CCHF’s strong commitment to helping young people learn and grow.
In March 2018, CCHF made a Deed of Gift to The Outward Bound Trust so that the legacy and work of CCHF can continue to live through an expanded bursary programme for disadvantaged children named the OBT/CCHF Bursary Fund.
Trustees recognise that because of its long history, CCHF All About Kids continues to attract interest from supporters and legacies and donations are often made directly to the charity. To enable this to continue,
CCHF All About Kids will remain as a separate entity for the time being.
On behalf of the Trustees
Andrew Cartwright (Chairman) Date 29 October 2021
CCHF All About Kids (formerly The Children’s Country Holidays Fund)
2
## **CCHF All About Kids (formerly The Children’s County Holidays Fund) Independent Examiner’s Report**
I report on the accounts of CCHF All About Kids (company number 174634, charity number 206958) for the year ended 31 December 2020 which comprise the Statement of Financial Activities, Balance Sheet and related notes.
## **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 year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the financial statements under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements 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**
In the course of my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- • to prepare accounts which accord with the accounting records and to comply with the accounting requirement of the 2011 Act,
- have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
_Ann M Muldowney FCA_ Chartered Accountant 40 Cambridge Drive London SE12 8AJ
Date 29 October 2020
3
**£**
**£**
# **CCHF All About Kids (formerly The Children’s County Holidays Fund) Statement of financial activities For the year ended 31 December 2020**
## **lncome**
Donations and legacies
## **Unrestricted**
**£**
## **Restricted**
## **Endowment**
**2020 Total**
**£ 2019 Total**
**£**
Donations, grants and appeals
148,811 -
-
148,811
5304
Legacies
-
- -
- -
Income from investments
**3** 40
-
-
40
5
||801||
|---|---|---|
|Total income|||
|||148,851|
|-
- 148,851|||
|6,105|||
|**Expenditure**|||
|Expenditure on charitable activities|||
|4|||
||52,878||
|-
- 52,878|||
|62,215|||
|Total expenditure|||
||52,878||
|- - 52,878|||
|62,215|||
6
## **Net income/ (expenditure) from operations**
95,973
- - 95,973
(56,110)
Transfer to OBT
144,965
-
-
144,965
-
7
Net movement in funds (48,992) - - (48,992)
(56,110)
Funds brought forward I January 2020
91,617 - - 91,617 147,727 **9** - - 42,625 91,617
Funds carried forward 31 December 2020 42,625
8
The Charity has no recognised gains or losses other than those included above.
|CCBF All About Kids (formerly The Children’s Country Holidays Fund)
Balance sheet at 31
December
2020
**Fixed assets**
**Notes**
**2020**
**2020**
**2019**
Property plant and equipment
-
-
Investments
-
-
Endowment deposit account
-
-
-
**Current**assets
Cash at bank and in hand
**12**
44,425
115,718
**Current liabilities**
44,425
115,718
Payables
8
(1,800)
(24,101)
**Net current assets**
42,625
**Net assets**
42,625
**Represented by:**
Unrestricted funds:
General
**9**
42,625
91,617
Total unrestricted funds
42,62
5
Restricted funds
-
Endowment funds
-
42,625|Balance sheet at 31
December
2020|||||
|---|---|---|---|---|---|
||||||**2019**
-
91,617
91,617
91,617
-
-
91,617|
9
For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These financial statements have been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime.
## Approved by the trustees on 29 October 2021 and signed on their behalf by:
Andrew Cartwright Trustee
10
CCHF All About Kids (formerly The Children’s Country Holidays Fund) Statement of Cashflows for the year ended 31 December 2020
|Notes
**Cash fows from operating activities**
Net movements in funds
**9**
Adjustments
for:
Depreciatio
n
Loss/Gain on investments
Gain on disposal of tangible fxed assets
Investment income
Trade and other receivables
Trade and other payables
**Cash fows used in operating activities**
Investment income received
**Cash fows generated from investing**
**activities**
**Net (decrease) in cash**
**12**|**2020**
**2020**
97,773
-
-
-
(40)
-
(167,266)
(71,333)
40
40
**(71,293)**|**2019**
(56,110)
-
-
-
(801)
-
(55,800)
801|**2019**
(112,711)
801|
|---|---|---|---|
|||||
||||**(111,910**
**)**|
7
CCHF All About Kids (formerly The Children’s Country Holidays Fund) Notes to the financial statements for the year ended 31 December 2020
## **1 Company status**
CCHF All About Kids, a company limited by guarantee and not having a share capital, is a registered Charity.
## **2 Accounting policies**
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)) and the Companies Act 2006.
CCHF All About Kids meets 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).
In May 2007 the Charity Commission approved a direction to aggregate the Stafford House Trust net liabilities into CCHF All About Kids for the purposes of the Charities Act 2006. From an operational point of view this has resulted in a partial merger of the two charities. The Charity Commission has agreed that the assets of Stafford House Trust are to remain as a permanent endowment until they are sold. At this point Stafford House Trust will be removed from the Central Register of Charities and a full merger will have been achieved. The assets of Stafford House Trust at 31 December 2015 are amalgamated with these CCHF All About Kids financial statements under a Uniting Direction from the Charity Commission (see note 17).
## **2.1 Consolidation**
CCHF All About Kids and its subsidiary, CCHF Projects Limited, comprise a small group. Consolidated accounts have not been prepared on the grounds that the subsidiary has not traded during the year and is not material to the charity.
## **2.2 Basis of accounting**
The financial statements are prepared under the historical cost convention as modified to include the revaluation of investments.
## **2.3 Income**
Donations and grants are credited to income on a receivable
basis. Interest receivable is dealt with on an accruals basis.
Dividends are dealt with on a receivable basis.
Legacies are credited to income when the Charity is advised by the personal representative of an estate that payment will be made or property transferred and the amount involved can be quantified.
No amounts are included in the financial statements for services donated by volunteers.
7
Donated services and facilities are included based on the best estimate of the value the Charity would pay in the open market for the services donated. In accordance with the Charities SORP (FRS 102), the time of the volunteers is not recognised. Please refer to the trustees’ annual report for more information about their contribution.
7
CCHF All About Klds (formerly The Children's Country Holidays Fund) Notes to the financial statements for the year ended 31
## **2 Accounting policies (continued)**
## **2.4 Allocation of costs**
All expenditure is included on an accruals basis. Expenditure on which there is irrecoverable VAT is shown within each relevant cost category gross of VAT.
## **Fundraising costs**
These costs are incurred in relation to staff members who are engaged directly in fundraising and also include the costs of marketing and publicity to generate income and an appropriate proportion of support costs.
## **Costs of charitable activities**
This comprises all expenditure relating to the objects of the Charity and an appropriate proportion of support costs.
## **Support costs**
This comprises costs which enable fundraising and charitable activities to be undertaken. These costs include central management costs such as finance and administration and have been allocated across the above activities on the basis of time incurred and numbers of staff on payroll.
## **2.5 Depreciation**
Fixed assets are depreciated so as to write off their cost over their estimated useful lives on a straight line basis, which are considered to be 4 years for motor vehicles and fixtures, fittings and equipment.
Tangible fixed assets costing more than £500 are capitalised and included at cost.
The Charity took advantage of the transitional provisions of FRS15 in the year ended 31 December 2000 to adopt the ‘carrying value' of the freehold lurid and buildings, valued on the conveyance of 14 July 1944, as ‘at cost’. Depreciation provided on the building element of the asset, which is estimated as having at least a 50 year useful life, is not considered material on an annual or cumulative basis. Therefore, no depreciation has been provided on the property. Impairment reviews are carried out on an annual basis as required by accounting standards.
Depreciation and profits or losses on the disposal of fixed assets used for charitable purposes are reflected in the Statement of Financial Activities.
## **2.6 Pension contributions**
Pension contributions represent amounts paid into personal pension plans for employees.
## **2.7 Operating leases**
Rentals payable under operating leases are charged on a straight-line basis over the term of the lease.
## **2.8 Receivables**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
8
CCHF All About Kids (formerly The Children’s Country Holidays Fund) Notes to the financial statements for the year ended 31
## **2 Accounting policies (continued)**
## **2.9 Payables and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **2.10 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value
## **2.11 Investments**
Investments are valued at the mid-market price prevailing at the balance sheet date. Realised profits are measured with reference to the revalued carrying value of the investment at the previous year end if the investment was held at that date or by reference to the cost of investments purchased and sold.
## **2.12 Fund accounting**
Funds held by the Charity are either:
## **Unrestricted general funds**
These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.
## **Designated funds**
These are funds which have been set aside by the Trustees to implement the strategic goals of the Charity.
## **Restricted funds**
These are funds that 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.
## **Endowment funds**
These represent assets which must be held permanently by the Charity. Income arising on the endowment fund is included as endowment income. Any capital gains or losses on the investments form part of the Endowment funds.
9
## CCHF All About Kids (formerly The Children’s Country Holidays Fund) Notes to the financial statements for the year ended 31
## **3 Income from investments**
|Dividends and interest on listed
investments
Interest on cash balances|**Unrestricte**
**d**
**Endowmen**
**t**
-
-
40
-
40
-|**2020**
**Total**
-
40
40|**2019**
**Total**
-
801|
|---|---|---|---|
||||801|
Further explanation of the purpose of each fund is included in the notes to the financial statements.
.
## **4 Expenditure on Charitable activities – Provision of breaks**
|**Expenditure on Charitable activities –**
**Provision of breaks**||
|---|---|
|**5**
**Net**
**(expenditure)**
**from**
**operations**
Respite and activity breaks
Donated services and facilities
Staf costs
Referral costs
Support costs allocated|**2020**
**2019**
~~**£**~~
~~**£**~~
**2020**
**2019**
**Unrestrict**
**ed**
**Restrict**
**ed**
**Total**
**Total**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
||
-
52,878
-
52,87
8
62,21
5|
||**52,878**
**-**
**52,8**
**78**
**62,2**
**15**|
9
CCHF All About Kids (formerly The Children’s Country Holidays Fund) Notes to the financial statements for the year ended 31
Net expenditure is stated after charging: - - Depreciation
9
## CCHF All About Kids (formerly The Children’s Country Holidays Fund) Notes to the financial statements for the year ended 31
|**6**
**Staf Costs**
Salaries
Social security costs
Pension contributions and other pension costs|**202**
**0**
**201**
**9**
**£**
**£**
-
-
-
-
-
-|
|---|---|
||-
-|
There were no key management personnel and there were no employees in the year. The average number of employees in 2019 was 0.
## **7 Trustees**
No Trustee received any remuneration during the year (2019: £nil).
During the year, no trustee received reimbursement of business expenses(2019:£nil). No expenses were paid by the charity on behalf of trustees (2019:£nil). No donations were received from trustees during the year (2018: nil).
During the year expenses of £13,756 (2019: £16,437) were payable to Veale Wasbrough Vizards in respect of legal services. Paul Voller, one of the Trustees, is a partner in this firm.
|**8**
Trade payables
Other payables
All amounts fall due within one year.|**2020**
-
1,800
1,800|**2019**
-
24,10
1|
|---|---|---|
|||24,10
1|
||||
11
CCHF All About Kids (formerly The Children’s Country Holidays Fund) Notes to the financial statements for the year ended 31
12
## **Fund analysis**
General funds are analysed as follows:
|General funds
Balance at 1 January 2020
Net expenditure
**Balance at 31 December 2020**|91,617
(48,99
2)|
|---|---|
||**42,625**|
## **9**
## **10 Operating lease commitments**
At 31 December 2020 there were no operating lease commitments. (2019 :£nil)
## **11 Related party transactions**
From 10 January 2001, CCHF All About Kids took over as sole Trustee of Stafford House Trust, a Charity running
a centre for the education and recreation of children and young persons.
Kids financial statements under a Uniting Direction from the Charity Commission. Stafford House Trust stopped all operations
on 30 September 2007 and as of 1 October 2007 was dormant.
.
13
|**12**|**Cash and cash equivalent**|
|---|---|
|31 December||
||Cash at bank|
||at 1 January|Cash fows|
|---|---|---|
|2020||2020|
|24,969|19,45|44,425|
||6||
14
|**13**
**Comparative Statement of Financial Activities**
**Income**
**Unrestricted Restricted Endowment**
Donations, grants & Legacies5,304
-
-
5304
Income from investments
801
-
801
**Total income**
6,105
-
-
**Expenditure**
Expenditure on charitable activities
.
62,215
-
-
**Total expenditure**
62,215
-
-
**Net (expenditure) from operations**
(56,110)
-
**Net movement in funds**
(56,110)
-
-
Funds brought forward 1 January 2019
147,727
-
-
Funds carried forward 31 December 2019
**91,617**
**-**
**-**|**Total2019**
-
6,105
62,215
62,215
(56,110)
(56,110)
147,727
**91,617**|
|---|---|