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2023-03-31-accounts

Kinship Care Northern Ireland Ltd

( A company limited by guarantee)

Report and Financial Statements For the Year Ended 31 March 2023

Registered as a Charity with the Charity Commission for Northern Ireland No. NIC101036 Company No. NI602969

Kinship Care Northern Ireland Ltd Report and Financial Statements For the Year Ended 31 March 2023

Contents Page
Legal and Administrative Information 3
Report of the Directors 4 to 14
Independent Auditor's Report to the Members of Kinship Care
Northern Ireland Ltd 15 to 18
Statement of Financial Activities 19
Balance Sheet 20
Statement of cashflows 21
Notes Forming Part of the Financial Statements 22 to 27

2

Kinship Care Northern Ireland Ltd Legal and Administrative Information

Reference details

Charity Name: Charity Registration Number: Company Registration Number:

Kinship Care Northern Ireland Ltd NIC01036 NI602969

Registered Office and Operational Address:

67 Carlisle Road, L'Derry BT48 6JL

Directors as at 31 March 2023

Brenda Stevenson Paul McMinn Margaret Ogilvie Tina Gardiner Clare McGee Alice Diver Dolores Farren Jeanette Irvine Denise McDonald Charmaine Allen

Company Secretary

Jacqueline Williamson, MBE

Auditors

L Duffy & Co., 12 Queen Street, L'Derry, BT48 7EG

Solicitors

Georgina McKinney, Babington and Croasdale Solicitors, 9 Limavady Road, L'Derry, BT47 6JU Mark McFeely, Brendan Kearney & Company, 4 Clarendon Street, L'Derry, BT48 7EX

Bankers

Danske Bank Ltd, 6 Shipquay Place, L'Derry, BT48 6DF

3

Kinship Care Northern Ireland Ltd

Report of the Directors for the year ended 31 March 2023

The Directors who are also Trustees under provisions of the Companies Act 2006 present their report and financial statements for the year ended 31 March 2023

Governing Document

Kinship Care Northern Ireland (known as ‘Kinship Care NI’) is a charitable company limited by guarantee, incorporated on the 27th April 2010 and accepted as a charity by the Inland Revenue. The company was registered with the new Charity Commission for Northern Ireland (Regulator of Charities in Northern Ireland) on the 4th December 2014.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1. The number of members at the 31st March 2032 was 10.

The charitable objects of the charity are, i) the advancement of support to kinship carers and their children; ii) the prevention and relief of poverty; iii) the advancement of education amongst children and young people in kinship care; iv) the advancement of citizenship and community development, and; v) the relief of those in need by reason of youth, age, ill-health, disability and financial hardship.

Principal Activities

Kinship Care NI’s mission is to help and support children who cannot be cared for by their own parents to live safely and securely within their own families and communities. Kinship Care NI plays a key role in the development and delivery of services for kinship families and is the only organisation in Northern Ireland which focuses exclusively on helping and supporting kinship carers and the children they care for.

Objectives and Activities

Kinship Care NI believe kinship carers, both formal and informal should have access to the help and support they need to assist them in the care and upbringing of their family and friends children. Kinship Care NI responds to the needs of kinship carers and the children in their care through the provision of advice and information and a range of support services. These services are aimed at reducing the stigma and isolation many kinship carers experience in their day to day lives and building the confidence, self esteem and resilience of children in kinship care. It is our commitment that children in kinship care receive the very best start in life, and children who have experienced the loss or removal of their parents achieve personal happiness and well being, and fulfil their potential.

Our long-term commitment is that every kinship carer, irrespective of where they live, or the legal status of the arrangement will have access to a range of support services to help and support them in their kinship role. We will continue to evaluate our services alongside our stakeholders, funders, volunteers, kinship carers and their children and continue to offer kinship carers and their children a voice and choice as to how services can meet their needs.

4

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Services Delivered

· Provided toys and gifts to 879 children in kinship care and 162 children in the community at Christmas and distributed £3,455 in vouchers to 53 families in respect of 97 children.

· Engaged 34 children in weekly Grandparent and Toddler sessions and delivered 11 Confidence Building Programmes to 89 young people (‘Youth Champions’, Kreative Kins and . Mini Kins')

· Delivered training, workshops and information sessions to 147 kinship carers.

· Delivered befriending and emotional support to 139 kinship carers/children in their own homes.

· Supported 113 carers via our Caring for Carers Project for carers in Strabane and L'Derry. enaging 97 carers in Kin Together Support Group sessions, training and family recreation.

5

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

· Held Information Days, Coffee Mornings and fundraising events to raise awareness of kinship care and attended numerous Cost of Living events.

· Commissioned Dr. Katrina Collins (Collins Consultancy) to carry out a 3 year evaluation of our Children's Support Service and Kinnections Project.

· Shared our learning of kinship care through various workshops and groups, including Family Support Hub Meetings, Helplines Network NI Awareness Day, Good Help Workshops and articles in the Belfast Telegraph, Mid Ulster Mail, Derry Journal, Your Magazine and Families First Magazine.

Our services work in partnership with local organisations, including social service departments. For example, in L’Derry our Children’s Support Service and Kinship Care Support Service work closely with the Gateway Team, Family Intervention Service, Family and Kinship Fostering Team to support kinship carers and children and young people who are struggling to come to terms with the loss or removal of their parents. In Magherafelt our 'Caring for Kin' Project works with solicitors, the Social Security Agency, Health Visitors and schools and receives referrals from a range of community sector organisations. Our ‘Kinnections’ Project receives referrals from social work professionals across Northern Ireland and social sector organisations working with disadvantaged cihldren and families in the community.

Achievements and Performance

Throughout the year Kinship Care NI continued to provide advice, information, support and family recreation to kinship carers and their children across Northern Ireland. Our helpline and ‘Kin Together’ Support Groups have been instrumental in engaging kinship carers, particularly grandparents and older kinship carers who feel isolated and overwhelmed with everything that is going on in their lives including dealing with the long-term impact of COVID-19.

Evide Impact Tracker (Case Management Tool) and New Philanthropy Capital’s Well Being Measures are used across all our projects and services to measure and evaluate our impact on the outcomes of children, young people and their carers. Surveys, comment

6

Kinship Care Northern Ireland Ltd

Report of the Directors for the year ended 31 March 2023

.....continued

cards, focus groups, video diaries and testimonials are also used to measure the impact of interventions on the overall wellbeing of kinship carers and the children they care for. ‘Quizzdom’ is also used to gather feedback from children and young people engaged in services.

Helpline

Over the course of the year 636 calls were handled by our helpline. Following one call made to helpline based on completed helpline surveys (n = 141):-

86% of kinship carers said they felt more confident. 94% of kinship carers understood their situation better. 95% of kinship carers reported feeling less isolated. 84% of kinship carers felt that their problem was sorted out. 16% of kinship carers still felt unsure.

Based on questions asked at the end of calls to the helpline (n = 141):88% rated the Helpline as “Excellent”. 90% said the information they received was useful and of good quality. 88% said staff members understood their needs.

Evaluations

Throughout the year we evaluated our impact on the financial, social and emotional of carers and their children. Carers were asked to complete a short quetionnaire and wellbeing to outline how we responded to their needs and the quality of support they received.

Based on questions asked at the end of support sessions/home visits and one to one support via Zoom or telephone (n = 146) 82% of carers said they had experienced an improvement in their overall wellbeing and 226 out of 226 carers who received support via our KIND and Helping Hand Projects said their financial well-being had improved.

Other (Surveys, Focus Groups, Comment Cards, Testimonials)

84% of kinship carers attending Kin Together Support Groups said they felt less isolated and 80% of kinship carers reported an improvement in their emotional/social wellbeing (n = 106).

85% of kinship carers said the training they received was of good quality and 88% said they would recommend our training to other kinship carers (n = 125).

100% of kinship carers who received a grant reported an improvement in family life (n = 226).

86% of children reported an improvement in their confidence and 88% reported an improvement in their emotional well-being (n=162).

85% of children said they had had a say in decisions affecting their lives (n=117).

7

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

During the course of the year, 57 volunteers made a huge impact on the lives of children and young people – 7,895 hours of their time (worth £84,476.50 to the organisation. Volunteering at Kinship Care NI produces a tangible return for society, not only in terms of keeping children within their own families, but also helping children in kinship care fulfil their potential. We are enormously dependent on the contribution of volunteers and extremely grateful for their dedication. We are also grateful to the many trusts, foundations, businesses and individuals who have been so generous in their support of Kinship Care NI. We thank you for the many ways you have shown your commitment to us, for your encouragement and shared understanding of the importance of our work. Each gift, no matter how big or small, whether time or money makes a difference to our work with kinship carers and the children they care for.

During the year we focused specifically on supporting carers and children who were significantly impacted by COVID-19, inlcuding helping children catch up with their schooling and engaging carers who were isolated or living in more remote locations in Northern Ireland. Allen and Overy Solicitors provided us with £3,333 to engage young people in opportunities for education and the UK Community Renewal Fund provided us with a grant for our Community School of Futures Project. We also received several grants from Cash for Kids to purchase items for children to help with their schooling and enable children achieve their potential. Support was also provided by the American Ireland Fund and the Communuty Foundation for Northern Ireland (Older People's Fund and ARN Foundation) to allow us support carers and individuals in the community hit hardest by rising food and energy costs.

During the year income from charitable trusts and foundations helped support a variety of programmes and services for children, young people and their carers. We would like to thank the media and members of the public for highlighting and responding to individual appeals, including appeals for food, clothes, toys and household items for children who came to live with members of their extended family in very difficult and traumatic circumstances. Our funders and everyone who gives us gifts in kind and donations for children and young people have helped get us to where we are today. We are extremely grateful for your generosity and support.

8

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Sharing Our Learning

Throughout the year we collaborated with 86 organisations and shared our learning of the needs and experiences of kinship carers and the children they care for. We are members of the All Party Group for Children and Young People, the Children and Young People’s Strategic Partnership Young Carers Sub-Group, the Adoption and Children’s Bill Stakeholder Group and CO3’s Health and Social Care Special Interest Group. Over the course of the year we further developed our relationship with the Department of Health and 5 Health and Social Care Trusts to raise the profile of kinship care and ensure the needs of children and their carers are not overlooked in forthcoming policy developments.

Kinship Care NI sit on 5 Family Support Hubs in the Western Trust, 5 in the Northern Trust, 3 in the Belfast Trust, 1 in the South Eastern Trust and 1 in the Southern Trust. These Hubs comprise a multi-agency network of organisations working with disadvantaged families. Through our involvement with these networks we share our knowledge and expertise of kinship care and improve awareness of the support needs of kinship families living in the community. Over the course of the year we met with politicians, policy makers and social service professionals and engaged them in discussion about the many challenges experienced by kinship carers and how their needs could be best met moving forward.

Across all our projects and services we use several outcome frameworks to measure, monitor and evaluate our impact in supporting kinship carers and their children. Kinship care can be complex and the support needs of carers and the children they care for are very different to other families. Evidencing our work has raised awareness of the services we offer and provided a better understanding of the importance of kinship care as an early intervention for children and their families.

We seized every opportunity to inform others of our work and the many achievements of children and young people in kinship care. 5,890 copies of our bi-monthly newsletter ‘Kinship News’ were distributed to individuals and organisations. 8,650 emails/letters went out informing of our services, events, achievements and successes.

9

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Plans for Future Periods

In 2023/24 we will continue to develop and deliver high quality, responsive and inclusive services to kinship carers and children and young people in kinship care and work with kinship carers to identify the types of support they need and want in a way which promotes the best interests of the children and young people they care for. We will listen to and act on the voices of children and young people and ensure their voices are heard, valued, respected and listened to, and seize every opportunity to celebrate the achievements and successes of children, young people and their carers.

We will further develop our support services and develop a range of awareness raising literature to ensure kinship carers have information on their rights and entitlements when raising a family or friends child. We will continue to consult with children and young people in kinship care to ensure all projects and services are in keeping with their needs and aspirations, ensuring the voices of children, young people are heard. We will ensure risk is well understood and managed and that the charity is operating legally, that we are maximising our income and operating in full compliance with our charitable objectives, ethos and values.

Recruitment and Appointment of Directors

The Directors of the company are also charity trustees for the purposes of charity law. The traditional business skills, along with service users, community and voluntary groups are well represented on the Board of Directors and the Directors are requested to provide an updated list of skills they are able to bring to the company each year and in the event of particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Board of Directors. Directors.

Trustees Induction and Training

New trustees are invited to familiarise themselves with the charity and the context within which it operates. Briefing sessions jointly led by the Chairperson and the Chief Executive cover:

All Trustees receive an Enhanced Access NI check and training on Child Protection, Vulnerable Adults, Lone Working, Health and Safety, Complaints and Equal Opportunities. Training on Good Governance, Managing Performance, Risk Management, Strategic Planning and GDPR is also provided to Trustees.

10

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Risk Management

The Board of Trustees conduct on a regular basis a review of major risks to which the charity is exposed. This review is updated annually. Where appropriate, systems and procedures are established or updated to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a new Fundraising Strategy and the establishment of three social enterprises to allow for alternative funding methods for the charity’s activities. Internal control risks are minimised by the implementation of comprehensive procedures for the authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety rules for staff, volunteers and visitors. All policies and procedures are periodically reviewed to ensure they meet with the needs of the charity and changes to the law.

Organisational Structure

The Board of Directors meets 6 times a year and is responsible for the strategic direction direction and policy of the charity. The trustees have ultimate legal and financial responsibility for the affairs of Kinship Care NI, although the management of the organisation has generally been delegated to the staff, through the Chief Executive (Jacqueline Williamson).

Formal Objectives and Activities

The company's objects and principal activities are to:

· Provide and equip premises and centres required for the purposes of the company to organise, sponsor and conduct educational and training courses and meetings, conferences and exhibitions.

11

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Winding Up

Upon the winding up or dissolution of the company, any surplus shall be given to some other body, institution or institutions charitable in law and having objects similar to the objects of Kinship Care NI, which also prohibit the distribution of income or property to its members. No sum whatsoever shall be distributed to members of the company.

Financial Review

Results

The company had a surplus on unrestricted funds for the year ended 31st March 2022 of £36,208 (surplus of £21,971 for year ended 31st March 2022). During the year to the 31st March 2023 the company was in receipt of grants from BBC Children in Need, the Trusthouse Foundation and the Henry Smith Charity in respect of specified services to be provided to kinship carers and their children in areas across Northern Ireland.

Fundraising

Most funding to date has come from charitable trusts and foundations via applications made by the Chief Executive with input from Trustees and staff. The Board of Trustees have delegated responsibility for fundraising, including areas of revenue fundraising to the Chief Executive who reports regularly to Trustees on the financial and fundraising performance of the organisation.

BBC Children in Need, the Trusthouse Foundation, Department of Justice, John Moores Foundation, Julia and Hans Rausing Trust, American Ireland Fund, UK Community Renewal Fund, Community Foundation for Northern Ireland, RTE Toy Show Appeal Enakalon Foundation, Thomas Wall Trust and Cordis Charitable Trust made a substantial contribution to the work of by funding a School of Confidence Futures Programme for young people, our Caring for Carer's Project', KIND Project, Helping Hand Project and a Good Help Project.

Five key strategies have been identified as priority focuses for the forthcoming year:-

  1. Diversification – diversify the fundraising base of Kinship Care NI to reduce dependency on key grants.

  2. New Activity – plan, deliver and learn from a new fundraising activity through a Crowd Funding event.

  3. Expansion – consider, plan, deliver and develop a strategy for locating in Belfast and the Republic of Ireland.

  4. Corporate Donators – grow the understanding of Kinship Care NI’s work and identify new corporate donors outside of Derry/Londonderry.

  5. Volunteer Support – grow the understanding of volunteers in Kinship Care NI’s work and its impact.

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Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Investment Policy

Any surplus funds and grants received in advance are placed on deposit until such time as they are required for day to day expenditure.

Reserves Policy

Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 3 months of total cost. Each year the Trustees review the policy for maintaining free reserves taking into account the major risks faced by the charity. The likely impact on income and planned expenditure includes a review of the planned expenditure and expected incomes and an assessment of the ways to mitigate such risks.

At 31st March 2023 the company had reserves of £36,208

Risk Review

Internal controls are in place to monitor all forms of income, assets, commitment and expenditure. Performance is monitored and appropriate information is prepared and regularly reviewed by the Chief Executive and Board of Trustees. The charity currently produces an annual budget and reports six weekly against that budget. Updated financial forecasting is undertaken during the year to reflect new service developments and their impact on income and expenditure. The principal risk facing the charity is the uncertain external economic environment and the need to sustain services once

funding from the Big Lottery Fund comes to an end. The Trustees confirm that they have identified and fully understand the risks to which the charity is subject and that systems are in place to manage these risks.

Employment of Disabled Persons

The company is committed to a policy of recruitment and promotion on the basis of aptitude and ability without negative discrimination of any kind. Kinship Care NI actively pursues both the employment of disabled persons whenever a suitable vacancy arises and the continued employment and retraining of employees who become disabled whilst employed by the charity. Where a current employee or volunteer becomes disabled due to illness or injury the charity, wherever possible and reasonable, will provide assistance with rehabilitation, adaptation to premises, modification of equipment, provision of special aids, job structuring, retraining and/or redeployment

Employees

Kinship Care NI is lucky to have an exceptional team of 9 dedicated staff, whose support has been invaluable in developing and delivering services to children and young people, their carers and families. Over the year, Kinship Care NI made great efforts to ensure employees were kept informed about and involved in the direction of the charity.

Plans for Future Periods

The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements.

13

Kinship Care Northern Ireland Ltd Report of the Directors for the year ended 31 March 2023

.....continued

Statement of Trustees’ Responsibilities

Company law requires the Directors of Kinship Care NI to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources, including income and expenditure for the financial year.

In preparing those accounts, the Directors are required to:

The Directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the relevant Companies legislation. The Directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the preventation and detection of fraud and other irregularities

Members of the Board of Directors

Members of the Board of Directors who are directors for the purpose of company law and trustees for the purpose of charity law, and who were directors at 31 March 2023 are set out on page 3.

Auditors

L Duffy & Co. have expressed their willingness to continue as auditors.

Approved by the Directors on the 28th January 2024 and signed on their behalf by:-

Brenda Stevenson (Chair)

Paul McMinn (Treasurer)

14

Kinship Care Northern Ireland Ltd

Independent Auditor’s Report to the members of Kinship Care Northern Ireland Ltd for The Year Ended 31 March 2023

Opinion

We have audited the financial statements of Kinship Care Northern Ireland Ltd (the ‘charitable company’) for the year ended 31 March 2023 which comprise the Statement of Financial activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees’ annual report (Report of The Directors), other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial

15

Kinship Care Northern Ireland Ltd

Independent Auditor’s Report to the members of Kinship Care Northern Ireland Ltd for The Year Ended 31 March 2023 …continued

statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 require us to report to you if, in our opinion:

we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 65(2) of the Charities Act (Northern Ireland) 2008 and report in accordance with regulations made under section 66 of that Act.

We have undertaken the audit in accordance with the requirements of FRC Ethical Standards including FRC Ethical Standard – Provisions Available for Audits of Small Entities, in the circumstances set out in note 18 to the financial statements.

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Kinship Care Northern Ireland Ltd

Independent Auditor’s Report to the members of Kinship Care Northern Ireland Ltd for The Year Ended 31 March 2023 …continued

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of an audit in accordance with ISAs (Ireland), we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

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Kinship Care Northern Ireland Ltd

Independent Auditor’s Report to the members of Kinship Care Northern Ireland Ltd for The Year Ended 31 March 2023 …continued

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charitable company’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Laurie Duffy (Senior Statutory Auditor) For and on behalf of L Duffy & Co Chartered Accountants and Statutory Auditor

28 January 2024

L Duffy & Co are eligible to act as auditors in terms of section 1212 of the companies Act 2006

18

Kinship Care Northern Ireland Ltd

Statement of Financial Activities (including Income and Expenditure Account) Year Ended 31 March 2023

Note
Income from:
Donations and legacies
- Grants
2
- Gifts and donations
3
Other Trading Activities
-Charitable shop income
4
Investment Income
Other Income
- HMRC CJRS
Total Incoming resources
Expenditure on:
Raising funds
5
Charitable activities
6
Other
7
Total Resources Expended
Net Incoming Resources/(Deficit)
6
Transfer between funds
Net movement in funds
Opening Reserves
Total Funds Carried Forward
17		 Unrestricted Restricted Total FundsTotal Funds
Funds
Funds
2023
2022
£
£
£
£
422,924
422,924
611,720
100,861
100,861
58,882
268,700
268,700
125,052
242
0
242
141
0
1,998
369,803
422,924
792,727
797,793
118,925
118,925
235,334
236,641
261,145
497,786
618,582
4,800
4,800
4,800
355,566
265,945
621,511
858,716
14,237
156,979
171,216
(60,923)
14,237
156,979
171,216
(60,923)
21,971
291,167
313,138
374,061
36,208
448,146
484,354
313,138

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

19

Kinship Care Northern Ireland Ltd

Balance Sheet as at 31 March 2023

Notes
Fixed Assets
Tangible Assets
10
Current Assets
Debtors
11
Cash at Bank and in Hand
12
Creditors: amounts falling
due within one year
13
Net Current Assets
Net Assets
14
Funds of the Charity
Unrestricted Funds
15
Restricted Funds
16
Total Funds
17		 £
0
491,796		 2023
£
0




484,354		 £

0
318,270		 2022
£
0




313,138
491,796
7,442		 318,270
5,132




484,354 313,138
36,208
448,146		 21,971
291,167
484,354 313,138

Approved by the Directors on the 28 January 2024 and signed on their behalf by

Brenda Stevenson Paul McMinn Chairperson Treasurer

The notes on pages 21 to 26 form part of these financial statements

Company Registration Number: NI602969

20

Kinship Care Northern Ireland Ltd

Statement of cash flows for year ended 31 March 2023

Notes
Cash flow from operating activities
Net cash provided by/(used in) operating activities
Cash flow from investing activities
Interest received
Change in cash and cash equivalents in year
Cash and cash equivalents brought forward
Net cash provided by/(used in) operating activities
Net income/(expenditure)
Interest received
Movement in creditors
Net cash provided by/(used in) operating activities		 2023
2022
£
£
173,284
(59,292)
242
141
173,526
(59,151)
318,270
377,421
491,796
318,270
171,216
(60,923)
(242)
(141)
2,310
1,772
173,284
(59,292)

21

Kinship Care Northern Ireland Ltd

Notes to the Financial Statements

Year Ended 31 March 2023

1. Accounting policies

General information and basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

Fixed assets

The charity only capitalises tangible fixed assets if costing more than £5,000. Otherwise, they are recognised in the Statement of Financial Activities. The charity has acquired no fixed assets at the Balance Sheet Date.

Debtors

Debtors are stated after all known bad debts have been written off and specific provision has been made against all debtors considered doubtful of collection.

Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, and the amount can be quantified with reasonable accuracy and it is probable that the income will be received.

Grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

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Kinship Care Northern Ireland Ltd

Notes to the Financial Statements

Year Ended 31 March 2023

Gifts and donations are included in the Statement of Financial Activities upon receipt.

Donated services and facilities are included at the value to the charity where this can be quantified.

Donated goods for resale in charity shops are included in the period the goods are sold. No amounts are included in the financial statements for services donated by volunteers.

Investment income is included in the Statement of Financial Activities when receivable.

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Costs of raising funds include the salaries of staff who promote fundraising and overhead costs of charity shops.

Charitable activities comprise 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.

Governance costs include those incurred in the governance of its assets and are associated with constitutional, statutory and strategic requirements.

Creditors payable within one year

Creditors and provisions payable within one year 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.

Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial

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Kinship Care Northern Ireland Ltd

Notes to the Financial Statements

Year Ended 31 March 2023

statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2 Grants

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
£ £ £ £
DCSDC 19,184 19,184 60,550
Henry Smith Charity 39,100 39,100 57,500
Lottery 50,000 50,000 109,395
BBC Children In Need 69,124
Esmee Fairbairn Foundation 24,303
CFNI 73,121 73,121 69,164
UK Community Renewal Fund 130,344 130,344 130,344
Trusthouse Charitable Foundation 33,274 33,274 33,274
Department of Communities 16,441 16,441
Julia and Hans Rausing Trust 30,000 30,000
Small Restricted Grants 31,460 31,460 58,066
422,924 422,924 611,720
3 Gifts and donations
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
£ £ £ £
Local Giving 12,761
Allstate 7,478
Fintru
Cash Donations 26,721 26,721 10,328
Others 74,140 74,140 28,315
100,861 100,861 58,882
4 Charitable shop income
2023 2022
£ £
Income from shops 268,700 125,052
268,700 125,052

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Kinship Care Northern Ireland Ltd

Notes to the Financial Statements

Year Ended 31 March 2023

5 Raising Funds

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
£ £ £ £
Fundraisers salary 54,325 - 54,325 45,734
Shops 64,600 - 64,600 189,600
118,925 - 118,925 235,334
6 Charitable Activities
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
£ £ £ £
Salaries 135,518 140,224 275,742 305,808
Program Costs 101,123 120,921 222,044 312,774
236,641 261,145 497,786 618,582
7 Other
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
£ £ £ £
Audit Fee - 4,800 4,800 4,800
- 4,800 4,800 4,800
8 Staff costs and emoluments
2023 2022
£ £
Wages and salaries 300,096 324,474
Social security costs 28,814 24,564
Pension costs 1,157 2,504
330,067 351,542
Average number of employees during the year 11 13

No employee received emoluments of more than £60,000

The average number of employees during the year, calculated on the basis of full time equivalents

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Kinship Care Northern Ireland Ltd

Notes to the Financial Statements

Year Ended 31 March 2023

9 Trustees’ emoluments

The trustees received no emoluments or reimbursement of expenses during the year (2022 - £NIL).

10 Tangible fixed assets

Totals
£
Cost
At 31 March 2022 and 31 March 2023 0
Accumulated Depreciation
At 31 March 2022 and 31 March 2023 0
Net book value
At 31 March 2023 0
11 Debtors
2023 2022
£ £
Prepayments 0 0
Total 0 0
12 Cash at Bank and in Hand
2023 2022
£ £
Danske Bank 493,796 318,270
493,796 318,270
13 Creditors: Amounts falling due within one year
2023 2022
£ £
Accruals 7,078 4,800
Pension Fund 364 332
7,442 5,132

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Kinship Care Northern Ireland Ltd

Notes to the Financial Statements

Year Ended 31 March 2023

14 Unrestricted Funds

This fund is available at the trustees’ discretion for any purpose in accordance with the charity’s aims and objectives.

15 Restricted Funds

Restricted Funds have been provided to the charity for particular purposes, and it is the policy of the trustees to carefully monitor the application of these funds in accordance with the restrictions placed on them

16 Movements in Funds

Balance At Incoming Outgoing Transfers Balance At
31 March resources resources 31 March
2022 2023
£
 £
 £
 £ £
Restricted 291,167 422,924 (265,945) 448,146
Unrestricted 21,971 369,803 (355,566) 36,208
Total Funds 313,138 792,727 (621,511) 484,354

17 Related party transactions

There were no related party transactions or balances during either year or at either year end.

18 Other Work Undertaken By Our auditors

In common with many other charities of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

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