2023-03-31-annual-report

CAREER5 N KIDS Rcport of tht Trusteex FOR THE YEAR ENDED31 I¥IARCH 2023 The trusttts who are also directors ol the charity for thc purposes ofthc Companies Act 2006. prescnt their report with the financial stattmenis of ihe charity for the year ended 31 March 2023. The trusic¢5 have Adopt￿ the provisions of Aceounting arld R¢i￿Ing by Charilic5.' Slatement of Recomrnended Pnctice ppplicablE to charilies preparing their accounts in ac¢ord8ntt with the Financial R¢poning StandaThl applicable in Ihe UK 8nd Republi¢ of Ireland (FRS 102) (¢ff¢ctive l January 2019). OWECTIVES AfiD A￿[VITIEs Objtdlves and activities and public benefit The principal objective is 10 PTovide facilities for the daily care. recreation and ¢ducaiion for children who #re below the compulsory school age and for children of compiilsory school age out of School hours ond during school holidays. These objeciives were achiei'ed during ihe year and the chartty has Ind the public benefit requircment. FINANCIAL REVIEW Fingn¢ial position The tDJStees are satisfied with the results fDr the year 8Th1 the year end posttion for the wmpany. The net decrease in Ersources for the ye¥r umouDted ro £25.330 which was ciedited to fvnds brought forward. Total fund5 Ca￿led forward ai the year end amounted to £(31,829). T]ie results for the year are set out in ihe incom¢ and ex￿ndIt￿re account. Going eon¢ern After making appropriate ¢Dquiries. the I￿￿tee$ have a reasonable expettaiion thai the compapy has adequate resour¢¢s to continue in operarional existence for the ftsreseeable firture. For this reaso￿ they continue to adopi the going con¢¢m bL8iS in preparing the ffftancial ST3temen FUTURE PLAliS The trusltts will continue to promoie the objective5 of the Company in fithire years. STRucfuRE. GOVERNANCE AND MANAGEMEprr Governing doeument Carcers N Kids is a compan), lirnited by guardniee and doe5 not have a share capitsl. li is govemed by its Memorandwn aThJ Articles ofAsxKi3tion. The liabiltty of each mernber is limited to aTL amunt not exc¢eding £1. Recruiimenl ind appointmenf of new fru5lees The rnanagemcnl of the wippany 15 the r¢s￿nsibility of ihe tntsitts who are elecied and ctropted uThJer the lern)s of the Tn￿ dttd. Orgin5￿tIomJ structllre N'onc of the ￿￿11ee5 have Any beneficial inier¢si in the company. DKi5ioThs ai General Meelings Shall be made by passins LydIn￿ resoluiion5 requirin8 a simple majority of Incmbers Preseni and Yoiing. Rtsk mAD#Eemen¢ Th¢ In￿let$ have a55tssed th¢ major risks to which ihe ¢rynpany 15 exposed. in kmrticuknr those r¢lated to thc operntions attd fintnces of ihe company. and are s81isfied ihttr 4ryiems and pr￿dureS ID pl&ce to miiigale ¢xpowr¢ lo the rnajor risk&. REFERENCE AND ADMINISTRATIVE DETAILS RtEbter¢d CompAny number N1025862 (Northern Ireland) Regjstered Ch•rliy number 101666