2023-08-31-accounts - KisharonLangdon

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CONTENTS				PAGES
Members ofthe Board	and professional	advisers
Trustees Annual Repoit				2to 7
Independent auditor's	report to the members			8to 12
Statement offinancial	activities (incorporating		the
income and expenditure account)				13
Balance sheets				14to 15
Statement ofCash Flows				16
Notes to the financial	statements			17to 27

			Y	Y	EAR ENDED 31	AU	GUST 202	3
Registered			charity name		Kisheron Langdon
Charity	number				271519
Company		registration		number	1259900
Registered			oflice		First Floor
					333 Edgware Road
					London
					NW9 6TD
Trustees	&Directors				Mr P Goldberg (Chairman)
					Mrs ECastleton
					Ms C Kaye
					Mr D Klein
					Ms C Lerner
					Mr M Lerner
					Mr RJ Levy
					Mr A Loftus
					Mrs SR Cooper		(Appointed	1 August 2023)
					Mr N I Doffman		(Appointed	1 August 2023)
					Mr BMiller		(Appointed	1 August 2023)
					Mr N JHenry		(Appointed	1 August 2023)
					Mr PTJoseph		(Appointed	1 August 2023)
					Mrs KA Phillips		(Appointed	1 August 2023)
Secretary					Mr P Damell
Leadership			Team		Chief Executive
					Mr RFranklin
					Director of0 erations
					Mrs H Sowa
					Director ofFundraisin
					Mr A Overlander-Kaye
					Director ofCol	orate	Selvices
					Mr P Darnell
Auditor					Cohen Arnold
					Chaltered Accountants
					& Statutoly Auditor
					New Burlington	House
					1075Finchley Road
					LONDON
					NW11 OPU
Bankers					Barclays Bank Plc
					1250High Road
					Whetstone N20	OPB

		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2023	2022
	Note	f.
INCOME AND
ENDOWMENTS
Charitable activities	4	5,342,026		5,342,026	4,961,730
Donations and legacies	5	2,328,404	166,068	2,494,472	2,391,072
Other trading activities: Social enterprise	6	520,514		520,514	438,650
TOTAL INCOME		8,190,944	166,068	8,357,012	7,791,452
EXPENDITURE
Expenditure on charitable activities 7/8		(6,953,986)	(91,788)	(7,045)774)	(6,740,890)
Expenditure on raising	funds;
Costs ofraising donations and legacies 9 Social enterprise costs 10		(459)252) (681,512)		(459052) (681,512)	(378,238) (569,630)
TOTAL		(8,094,750)	(91,788)	(8,186,538)	(7,688,758)
NKT INCOMK		96,194	74480	170,474	102,694
Langdon merger costs	11	(179,881)	(74480)	(254,161)	(70,137)
NKT (DEFICIT)/
INCOME AFTER
MERGER COSTS		(83,687)		(83,687)	32,557
RECONCILIATION	OF
FUNDS
Total funds brought fot3vard		1,783,778		1,783,778	1,751,221
TOTAL FUNDS CARRIED
FORWARD		1,700,091		1,700,091	1,783,778

	CONSOLIDATED BA	CONSOLIDATED BA	LANC	E SHEET
	31AUGUST		2023
				2023		2022
			Note
FIXEDASSETS
Tangible Assets			15		324,135	277,187
CURRENT ASSETS
Stock				45,815		44,046
Debtors			17	883,407		1,060,930
Cash at Bank				912,586		1,291,202
				1,841,808		2,396,178
CREDITORS: Amounts	falling due within	one
year			18	(465,852)		(889,587)
NET CURRENT ASSETS					1,375,956	1,506,591
TOTAL ASSETSLESS	CURRENT LIABILITIES				1,700,091	1,783,778
NKT ASSETS					1,700,091	1,783,778
FUNDS
Restricted Income Funds			19
Unresnicted Income Funds			20		1,700,091	1,783,778
TOTAL FUNDS					1,700,091	1,783,778

	31AUGUST	2023
			2023		2022
		Note
FIXEDASSETS
Tangible Assets Investments		15 16		210,747 I	142,906 I
				210,748	142,907
CURRENT ASSETS
Debtors		17	1,033,597		1,208,805
Cash at Bank			886,201		1,262,093
			1,919,798		2,470,898
CREDITORS: Amounts	falling due within one
year		18	(432,168)		(832,740)
NKT CURRENT ASSK1TS				1,487,630	1,638,158
TOTAL ASSETSLESS	CURRENT LIABILITIES			1,698,378	1,781,065
NKT ASSETS				1,698,378	1,781,065
FUNDS
Restricted Income Funds		19
Unresnicted Income Funds		20		1,698,378	1,781,065
TOTAL FUNDS				1,698,378	1,781,065

	2023	2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net (deficit)/income	(83,687)	32,557
Adf astments for: Depreciation oftangible fixed assets Loss on disposal offixed assets	83462 250	63,173
Changes in: Stock	(1,770)	(14,688)
Trade and other debtors	177,524	393,219
Trade and other creditors	(423,735)	270,160
Cash generated from operations	(248,156)	744,421
Net cash from operating activities	(248,156)	744,421
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase oftangible assets	(130,460)	(87,540)
Net cash used in investing activities	(130,460)	(87,540)
NET (DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	(378,616) 1)291402	656,881 634,321
CASH AND CASH EQUIVALENTS AT END OFYEAR	912,586	1,291,202

NCOME F	RO	M CHARITABLE	ACTIVITIES
						Total Funds
				Unrestricted	Total Funds	Unrestricted
				Funds	2023	2022
				f
Local Authorities				5,192,354	5,192,354	4,671,253
Parental Contributions				149,672	149,672	254,165
Covid-19 Funding						36,312
				5,342,026	5,342&026	4,961,730
DONATION	S	AND LEGACIES
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2023	2022
Donations
General Donations			1,984,935	166,068	2,151,003	2,085,924
Legacies Legacies			42,933		42,933	100,286
Sponsorship Sponsorship	Income		142,404		142,404	76,592
Other income
Appeals			158,132		158,132	128,270
			2,328,404	166,068	2,494,472	2,391,072

						Total Funds
			Unrestricted	Total	Funds	Unrestricted
			Funds		2023	2022
			f
Social	enterprise	income	520,514		520,514	438,650

	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2023	2022
Educational Seivices Kisharon Academy Trust subsidy Adult Day Services Supported Living Support costs	344,777 225,749 859,465 4,246,851 1477,144	91,788	436,565 225,749 859,465 4/46,851 1,277,144	354,615 314,782 847,276 3,943,136 1,281,081
	6,953,986	91,788	7,045,774	6,740,890

COSTS OF	CHAR	ITABLE ACTI	VITIES BYACTI	VITY TYPE
			Activities
			undertaken	Support	Total Funds	Total Funds
			directly	costs	2023 f	2022 f
Educational	Services		436,565	81,755	518,320	431,545
Itisharon Academy Adult Day Selvices Supported Living Governance costs		Trust subsidy	225,749 859,465 4,246&851	187,367 987,502 20,520	225,749 1,046,832 5/34,353 20,520	314,782 1,042,079 4,930,551 21,933
			5,768,630	I/77,144	7,045,774	6,740,890

						Total Funds
				Unrestricted	Total Funds	Unrestricted
				Funds	2023	2022
	Fundraising costs Sponsorships, Appeals	and Events		342,742 116,510	342,742 116,510	254,949 123,289
				459452	459,252	378,238
10.	COSTS OF OTHER TRADING ACTIVITES
						Total Funds
				Unrestricted	Total Funds	Unrestricted
				Funds	2023	2022
	Social enterprise costs			681&512	681,512	569,630
11.	COSTS OF LANGDON MERGER
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2023	2022
	Langdon merger costs		179,881	74/80	254,161	70,137
12.	NET INCOME FOR	THK YEAR
	This is stated after charging:				2023	2022
	Depreciation (note 15) Auditor's fees				83462 24,780	63,173 22,020
13.	STAFF COSTS AND	EMOLUMENTS
	Total staff costs were	as follows:
					2023	2022
	Wages and salaries Social security costs Pension costs				3,751,357 373,067 217,547	3 425 190 338,413 174,056
					4,341,971	3,937,659

Particulars	ofernployeesr
		2023	2022
		No	No
Number of	Full Time Staff	78	77
Number of	Part Time Staff	73	73
		151	150

The number ofemployees whose remuneration fo	r the year fell within the following ba	nds, were:
	2023	2022
	No	No
$60,000tof69,999	2
870,000to 879,999
f80,000tof89,999
f.90,000to g99,999
f.100,000to f.109,999
f.110,000to f.119,999
f120,000to f.129,999
f130,000to f.139,999

Group
	Equipment and	Motor		Property
	software	Vehicles	Improvementf		Total
COST At 1 September 2022 Additions	189,356 109,661	200,592 20,799		402,571	792,519 130,460
Disposals		(250)			(250)
At 31August 2023	299,017	221,141		402,571	922,729
DEPRECIATION
At 1 September 2022 Charge for the year	67,677 46468	170,602 18,479		277,053 18,515	515,332 83,262
At 31August 2023	113,945	189,081		295,568	598,594
NKT BOOK VALUE
At 31August 2023	185,072	32,060		107,003	324,135
At 3i August 2022	121,679	29,990		125,518	277,187
Company
	Equipment
	and	Motor		Property
	software	Vehicles		Improvement	Total
COST
At 1 September 2022 Additions	189,356 109,661	184,685 20,799		169,513	543,554 130,460
At 31August 2023	299,017	205,484		169,513	674,014
DEPRECIATION
At 1 September 2022 Charge for the year	67,677 46468	163,458 16,351		169,513	400,648 62,619
At 31August 2023	113,945	179,809		169,513	463,267
NKT BOOK VALUE
At 31August 2023	185,072	25,675			210,747
At 31 August 2022	121,679	21,227			142,906

INVESTNIENTS
Movement in market value
	2023		2022
Market value at 1 September 2022		1		1
Market value at 31 August 2023
Historical cost at 31 August 2023

August 2023 bet	ween funds
Unrestricted	Restricted	Total	Funds	Total	Funds
Funds	Funds		2023		2022

2023 totalled f.1,715.The loss for the yea DEBTORS	r totalled f160	,998.
	2023	2022	2023f	2022
Local Authority debtors Amounts owed by group undeltakings Other debtors	237,050 176,887	588,999 131,041	201,834 231,011 151,492	575,149 296,516 9,630
Prepayments and accrued income	469,470	340,890	449,260	327,510
	883,407	1,060,930	1,033,597	1,208,805

CREDITORS: Amounts	one year
	Group		Company
	2023	2022	2023	2022
	f.
Trade creditors	274,044	268,353	254,907	239,910
PAYE and social security Accruals and deferred income	107,559 65,753	120,129 77,867	106,027 54,769	106,574 63,866
Other creditors	18,496	423,238	16,465	422,390
	465,852	889,587	432,168	832,740

19.	RESTRICTED INCO	RESTRICTED INCO	RESTRICTED INCO	ME	FUNDS
	Group and Company
					Balance at	Incoming	Outgoing		Balance at
					1 Sep 2022	resources	resources	Transfers	31Aug 2023
							g
	Restricted	Fund				166&068	(166&068)
					Balance at	Incoming	Outgoing		Balance at
					I Sep 2021	resources	resources	Transfers	31 Aug 2022
	Restricted	Fund				32,473	(32,473)
20.	UNRESTRICTED INCOME FUNDS
	Group
					Balance at	Incoming	Outgoing		Balance at
					1 Sep 2022	resources	resources	Transfers	31Aug 2023
						g	g
	General Funds				1,783,778	8,190&944	(8,274,631)		1,700,091
				Balance at		Incoming	Outgoing		Balance at
				I	Sep 2021	resources	resources	Transfers	31 Aug 2022
							6
	General Funds			1,75),221		7,758,979	(7,726,422)		1,783,778
	Company
					Balance at	Incoming	Outgoing		Balance at
					1Sep 2022	resources	resources	Transfers	31Aug 2023
	General Funds				g 1,781,065	7,670&430	(7,753,117)		1,698,378
					Balance at	Incoming	Outgoing		Balance at
				I Sep 2021 f.		resources	resources 6	Transfers	31Aug 2022 f
	General Funds				1,748,528	7,320,329	(7,287,792)		1,781,065
21.	ANALYSIS OFNET ASSETSBETWEEN FUNDS
	Group
						Tangible	Current	Current	Total
						fixed assets	assets	liabilities	2023
						E	E
	Restricted Income Funds
	Unrestricted		Income	Funds		324,135	1,841,808	(465,852)	1,700,091
	Total Funds					324,135	1,841,808	(465,852)	1,700,091

Company
		Tangible		Current	Current	Total
		fixed assets f	Investments	assets	liabilitiesf	2023
Restricted Income Funds
Unrestricted	Income Funds	210,747		1,919,798	(432,168)	1,698,378
Total Funds		210,747		1,919,798	(432,168)	1,698,378

Group
		Tangible			Current	Current			Total
		fixed	assets		assets	liabihties			2022
Restricted Income Funds
Unrestricted	Income Funds	277,187		2,396,178		(889,587)		1,783,778
Total Funds		277,187		2,396,178		(889,587)		1,783,778
Company
		Tangible			Current		Current		Total
		fixed assets	Investments		assets		liabilities		2022
Restricted Income Funds
Unrestricted	Income Funds	142,906		I	2,470,898		(832,740)		1,781,065
Total Funds		142,906			2,470,898		(832,740)		1,781,065

The total f	lable operating leases are a	s follows:
Group	2023 f	2022
Not later than I year Later than I year and not later than 5 yeats	68,150 131,058	68,150 199,208
	199408	267,358

			At I Sep		At 31Aug
			2022 f	Cash flows	2023 f
Cash	in hand and	at bank	1,291,202	(378,616)	912,586
Loan	due within	one year	(387,730)	387,730
			903,472	9,114	912,586

					2023		2022
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note
Income and endowments
Charitable activities			4	5,342,026		5,342)026	4,961,730
Donations and legacies			5	2428,404	166,068	2,494,472	2,391,072
Total income				7,670,430	166,068	7&836,498	7,352,802
Expenditure
Expenditure on charitable	activities		7,8	(6,953,986)	(91,788)	(7,045,774)	(6,740,890)
Expenditure on raising funds:
Costs ofraising donations		and
legacies Other expenditure			9	(459,250) (160,000)		(459,250) (160,000)	(378,238) (131,000)
Total				(7,573,236)	(91,788)	(7)665,024)	(7,250,128)
Net income				97,194	74480	171,474	102,674
Langdon merger costs			11	(179,881)	(74480)	(254,161)	(70,137)
Net (deficit) / income after grant				(82,687)		(82,687)	32,537
Reconciliation offunds
Total funds brought forward				1,781,065		1,781,065	1,748,528
Total funds carried forward				1,698,378		1,698,378	1,781,065