nd•r H4ui• Un•udlt•d Hn•nd•l Slaiomqrbti Far the y•ar ended 31 D•¢omb•r 2021 Charlty Number- 103688 Cofflpany Number: N1044136
forthe year erthl 31 DeCt 2023 Indepwdrt Ex•rnlnw's Report ststffnertof An*thl Aedvftl•s lance Shq•t Nrt•s toth• Rnandil ststsm•ts
fortheytar ended 31 De¢ernlJer 2023 Dlrectors Jim Conlon John Thomps Flnbar Mccormlck Helen HtMack Peter HeèthwoDd Ch*rperson Ftnbar McCormKk Tre•surer JIM Conlon 8anker Flr5t Trust Fortwllllam Oranch 551 Antrlrn Road n5 38U Solldtor CIEaver Fulton R)nkln 50 8edford Stroet Belfast BT2 7FW Independent Examlner [thr Farr•N AAB Group Acwuntants Ltd 1-3 Arthurstreet Belfast BTI 4GA Reilstered Offlce 3 Westpolnt IIov8h 8T30 7aT Charlty Numb•r Comp•ny Numljer N1044136
Klnder House TThste•s' Report for the year ended 31 December 2023 The trustees Present their report and aCCDunts ftJr the year ended 31 December 2023. The accounts Fsave been prepared in accordance wlth the accounting polici5 set out In note I to the accounts and comply with the charliv s constitution, the Chorlties Art 2008 and "Accountlng and Reportlng by Charltles- Statement of Recommended Practice appllcable ro charities prepar6ng their accounts in accorLlance with the Flnanclal Rewrting Stsndard 3ppllcable In the UK and Republic of Ireland IFRS 1021" las amended for accounting perfods commenclll8 from l January 20191. Alrns The alffls of the Tru5tee5 arB to transfer the pmperty into the ownershSp and care af WavÈ7rauma This proce55 Is cvrrerrtly In Ifs flnal Stages and is belng pro8ressed ty the le8al people of both parties The Achhtofflerts over the current a¢cDuntln8 year have been tts malntaln the apwoprlate ltr)sLrrance Dn the bulldkn as per the orlglnal a8reement and to carry out arw work of a hlstorlcal nature requlr•d by Wave to ensure continulty of u5•ge by Wave and It's dlents. Obl•rtlves •nd •ttlvttl•s The charlty'5 o6j2cts are to prornote the education and soclal welfare of chlldreni youn8 adults and dlsadvanta8ed adults. The pollcle5 adopted In furtherance of these oblects Sndude.. - The pur¢ha5e and use Df a communlty house by approprfate organ15atlons and chidiable bod$. Organlslng faclllCatln8 the Drrdnlsatlon of soclal. recreatlonal Ind educatlon•l •thltle5 whlch involve chlldren ind young adults; and - The oroanisatlon of internatiDnal exchan8e vlsits for the chlldren and young adults ind those who are worklng wlth and super¥lsln8thern In such ¥ctlvltle5. There has been no change in these pollcles durlng theye•r. althou81i IncomE from Internatlonal exchange vlslts has dlmlnlshed In recent yèars and the tOCYs of the carnpany on ntIalIni fvnds has had to becomo more locused on Northern Ireland. The trustees have pald due regard to iuldince Issued by the Charfty Commlsslon Ill deddln8 what attlvltles the tharty shauld undertake. Thè results are Set cut on pales 8 to 13. The company In¢urreEI a net deflclt far the year of É5.503 12022.. net defic of £6,863), leavlng unre5trltted funds of £31,715 and restrirted funds 01 £345,531 The level of unrestrlcted funds at 31 December 2022 was É25.3TI Isee Note 61. The unrestrfrted fund5 are consldered to be es5entlal to pnjvlde sufflclent funds to cover any unforeseen rosts whlch may aN5e and to fulfil the legal obligat10ry5 of the tharlty In the everrt that current levels Df Income are not malntalned. It Is the pollcy of the cornpany that unrestrlrted funds vthlth have not been deslwatad for a speclfic use should be malntalned at a level equSvalent to at lÈa5t three month's expendlture. The trustees cOlder that reserves at thls level will ensure that. In the event of a 51gnlflcant drop In fundln they will be able to contlnue the charitys current actlvltles while ¢onsIdernon Is 8iven to ways in whlch addltlonal funds may be ralsed. Thls level of reserves has been rnalntslned throu8hout the year. P4E3
Kinder Hous• Trystee#' Report for the year ended 31 December 2023 The tornpany has assessed the major rlsk5 to whlch the charlty15 Rxposed. and are sat15fied that systEffls are In place to mitlgate exposureta the major risks. Ourln8 la$r year Klnder House Charlty leased outthe its prem15es to Wave Trzuma Charfty whlch IS the largest ¢ross community vlctlm'sgrgup in Northern Ir?land wlth the ultlrnate alrn of tran5ferrfM8 its owner5hsp to thern. During this f4nan¢id year, the 51tuatton wlth Klnder House remalned largely unchanged with the Wave Trauma charlty leislng Kinder House for use by Its èdmlnistrator5 and clients wlth the Klnder House ttee5 belng re5ponslble for woperty Ir>surance and some h15torlc malntenance ISSUES. Progress contlnued to be midp towards a complete transfer ta Wave and It Is antltlpated that thls could be ccmpletqd wlthln the next fSDandal year. On completlon of the transfer findet House would eease tradlng and stop funrtlonlng as a Llmlted Company and a Charfty. Wave pay a monthly rent on the property, as per aBreèment, whlch allows Klndef House to bulld up some flnancial reserve5 which leaves us in a strongerflnanclal posltlon year on year. Strudwei wlernance Iftd rn•nai•ment Klnder House Is a company Ilmited by guarantee, Intorporoted Un 19 September 2002 Jnd rPIed as a chirlty for tax purpose5 by Revenue & Cu5tom5 on the 7 Ottober 2002. Itls emed by Its Memorandurn and Artlcles ofAssociation dated 12 September 2002 and amended to allow for cvrrent ¢overn•nce In March 2015. Methods used to retTuIt and appolnt new charlty trustees Include the circulatlon of Imiltatior to èll members so that they may nomlnète trustees prlorto the Annual General Meetlni. None of the trn5tees has any benefic131 interest in the company. All of the trustees •re memeber5 91 the company ind Kuar4ne to con¢rlbute £1 In the event of a wlndln8 U The Ktnder House 8aard ha5 rnaintalned ihe same stNcture allowlng a contlnulty of lovernance whlle maintalning Eontsct wlth Wave to allow Interventlon a5 requlred. Thls arrangernent has been 5ucce55ful to date and wlll conflnue untll no lon8er needed. nlsathinal Structur• The charlrable Company Is Bovemed by Its Memorandum and Artldes of Assoclatjon. The company is not forproflt and Ilmfted by Buarantee. The ordanlsation15 governed by Its Board of Dlrector5 who meet regularty. N*w DSrectors are brtefed on their legal obligatlons under charfty and company law, the content ol the Memorandum and Artlcles ofAssociarion, the committee and declslon-maklnq process, the buslness p13n and recent financlal perfomiance of the ¢hadty. PAoB4
Kinder House Trustees. Report for the year ended 31 December 2023 Statement of Trustees Responslbilities The trustees, who are also the directors of Kinder House for the purpose of company law, are responslble for preparing the Trustees Report and the accounts in accordance with applicable law and United Kingdom Accountln8 Standard5 {United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, includin8 the income and expenditure, of the charltable cornpany for that year. In preparlng these accounts, the trustees are requlred to: select suitable accounting policies and then apply them conslstently; - observe the methods and principle5 in the Charitles SORP; make Judgements and estlmates that are reasonable and prudent,. and prepare the accounts In the golng concern basis unless it is inappropriate to presume that the charlty will contlnue In operatlon. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the flnancial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responslble for safeguarding the assets of the charity and hence for taking reasonable steps for the preventlon and detectlon of fraud and other irregularltles. The report was approved by the Board of Trustees, and 518ned on its behalf: Mrj Co (Treas on Date Page 5
Independ•nt E¥arnlntt¥ Report toth• trust•es alKlnder Hous• (a cornpany Ilmited ty guarantee) I report to the trustee5 on my examlnitloll of the flnancbil statements for nder House on pa8e5 8 to 13. REsPECE AESPONSI8ILmES OF CIIAftrrY TRUSTEES AND EXAMINER AS the trustees of the tharlty and l afso the dlrector5 01 the cornpany for the purFh)ses of company law). you are respon¥ble lor the preparitlon of the accounts In accordance wlth the requlrements of the Cwnpanles Act 2006. Hwlnl tIsfIed myself that the tharlty Is not sublert to audlt under company law ind15 efi¢bl• for Independenteurnonatlon. It15 rny resonslblllty ¢0: examlne the accounts under sectlon 65 of the charle5 Art: to follow the procedures lald down In the Kene dlrectlons glven by the Charlty Crynm1$51on for Northem Ireland under section 65{9llbl of the Charitles Art (Northern Irelandl 2008.. and to state whether partltylar m•tters h•ve comè to my attentlon. IASIS OF INDEPENDEMY EXAMINER¥ REpoKr I have completed my examlnatlon. I conflrm that no matters hive come tu rnyatttDtOon In ctsnnecdon wlth the examlnatlon Ovln¥ me ¢Juse to belleve th•t In any materkl respect: Accountln8 records were not kept In respett of the charlty as iequlred by soctlon 386 of the 2006 Act: or The flnanclal statements do not accord wlth thos4 recorth; or The finandal 5taternents do not comply wlth the a¢countln8 requlrements of 5ectlon 396 of the 2006 Act other thon any requlrement that the accounts glve a true and falrvlew whlch Is not a matter consldered a5 part of an Independent examlnatlo; or The finand•J Statements have not been prepared In accordance with the methods and ndples of the Statement of Recornfftended Pratlce for Accountlng and reportln8 by charltles Ippllcable to clItIeS preparlng thelr accwnts accordance wlth the FInand Reportlft8 llE8
Independ•nt Repurt to the th¥ltytrust••s of Klnder House la company Ilmlted byguararteel Stsndard ippllcable In th• UK and Repubjlc of Ireland IFRS 1021. I have no con¢ern5 and have COME across no matters In connecllon wlth the examlntlon to which attenbon shuuld be drawn In thts report In order to enable a proper und•rstandlni of the flnand•l statements to be reduced. I can confirni that l am quallfled to undertake the emInaton because I a re8lstered member ol Chartered Accountants Ireland. whlch bs one of the Ilsted bodles. Mlthael Farrell for. and on behalf of. AB Group Accountsnts Ltd Date 1-3 Arthur Street Belfast BTI 4GA
Kth•r Hous• Slatemert of Flftandal Artttle$ ncorpw¥tlnK Incom•& Ewndltyr• Accountj forth•y•arended31 Dec•nthr 1024 Tolal Totsl 2022 Notes ulrrfthd R•#rf<t•d INCOME FROM: Charftable Actkntres 14.912 14J12 14.%)0 TOTAL INCOME 14.912 14,912 14.SOO EXPENIXTURE ON: Charltsble Actlvltles {8,5341 111.9811 120,SISI 121.363) TOTAL EXKNDrruRE 18,S341 111.981) 120,5151 121.363) IIETINCOME I (EXPENDITUREI 6J78 111,9811 15,6031 16,863) Tr*Ier b•tw••n fun NET MOVEMErif IN FUNDS 6378 111.9811 IS,6031 16.8631 REcONauAT OF FiINDS TOTAL FUNDS 8ROUGAT FORWARD 2S.337 357,512 382,WJ 389.712 TOTAL FU14DS CARRIED FORWARD 31,715 345.531 377.246 382,849 All Inrna derl¥e5 from Mntlnuln8 actsvlltes, therefore no 5tatem•nt of recwrfsed lS ar 1055•s Is 8t¥en. Tho notss on pa8es 10 to 13 form wt of these flnandal statsments.
Klnder House Balance Sheet as at 31 Dttember 2023 Notes 2023 2022 FIXED ASSETS Tangible Fixed Assets 362,720 374.703 CURRENT ASSETS Bank Balance Prepayments 16.322 9,813 129 9.942 16,322 CREDITORS - amounts < l year Creditors and Accruals (1,796) (1,796) NET CURRENT ASSETS 14,526 8,146 NET ASSETS 377,246 382,849 REPRESENTED BY: Accumulated Fund - Restrlcted Accumulated Fund - Unrestricted 345,531 31.715 357,512 25.337 377,246 382,849 The company Is entitled to the exemption from the audlt requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2023. The dlrectors acknowledge thelr responslbllltles for ensurlng that the charity keeps accountln8 records which comply wlth section 386 of the Act and for preparing flnancial statements which glve a true and fair view of the state of affalrs of the company as at the end of the flnancial year and its incoming resources, intluding its income and expenditure. for the financlal year In accordance with the requirements of sections 394 and 395 and whlch otherwise comply wlth the requlrements of the Companie5 House Act 2006 relating to financlal statements, so far as applicable to the company. The members have not required the company to obtaln an audit of its financlal statements for the year in question in accordance wlth section 476. These financial statements have been prepared in accordance wlth the provisions applicable to companies Subject to the small companles regime. These financial statements signed on their behalf by.. re approved by the trustees and authori5ed for issue and are Mr J Conlon Dlrector Company Number.. N1044136 The notes on pages 10 to 13 form part of these flnancial statements. Date Page 9
Klnder House Not•s to the fiA•nd•l Ststements for the year ended 31 December 2023 I. ACCOUNnNG POLICIES The prlncipal accDunting policie5 adopted. ju*ernents and key saur¢e5 of e5tlmat5on uncertalnty In the preparatfon of the financlal ststements are Js follows.. al Basis of preparatton The financjal statements have been prepared In acctsrdance with A¢¢ountlng and RewrtS by Charlties.. Statement of Recomrnended Practlce applicable to thaAlle5 preparfng thelr accounts In accDrdance wlth the Flnanclal Reporttn8 Stsndard applicoble in the UK and Aepubllc of Ireland (FB5 1021 leffectlve l January 20191- Icharltles SORP IFRS 1021, the Flnancial Reportin8 Standard applicable In the UK and Republlc of Irèland IFRS 1021 and tho Cornp•nlesAct 1006. Klnder House meets the dellnltlon of a publlc benefit entlty under FRS 102. Assets and Ilabi1Stles are Initlally reco8n15ed at historlcal Cost or transaction value unless otherivlse stated in the relevant acrounting policy notelsl. bl Preparatlon of the ac¢ount5 on a 8oln8 con¢trn ba4s The trustees are of the tsplnion that the £harlty 5$ a gn¥ Concern due to the level of res4Ne5 and plans in place. cl Fund Accountlnq Unrestrlcted funds ire funds whlch are avallable for use at tke dlscretlon of the Trustee$ In fvrtherance of the general oblectlves of the tharity and whlch have nat been desl8nated for other purposes. Restrlrted funds are fvftds whSch which are to be used In accordance wllh specific f¢Strlctlons Imposed by donors or whlch havè been ralsed by the Charlty for particular purposes. The cost of r4151n8 and admlnls¢ering such fund5 are ¢har8ed a8aSnsr the specific fund. The aim and use af re5trlcted funds Is set out in ihe nores to the flnancial statements. Aestrlcted funds mav only be transferred to general or deslEnated funds once the crlterla for re5trlrtlon have been dlscharyed orno langer apply. dl Income Income15 feco8n15ed when the charlty has entltlernent to the renL funds, any performance condltlons attached to the iieml5) of Income have been rnet, It is probable that the Income wlll be received ?nd the amount can be moasured reliably. Income Is doferred only when ihe charlty ha5 to fulfill Gonditlons before becomln8 entlued to perlod. el Donoted seThrfces and fa¢llltles In accordance wlth the Charltles SORP IFRS 1021. the general volunteer tlme of 5UPPOrter5 ts not reco8nlsed. Ply 10
Iunder Hou Notsstoth• Flnandal 5tstsments forthe year ended 31 Oecember 2023 L ACCOUNTING POLICIES fj Expendlture and Irrecoverable VAT Expenditure Is recognised once there Is a leÉal or constructive obllgation to make a vyment to a thlrd party, It Is probable that 5ettlernent wlll be requlred and the amount of the obllgatlon can be measured rellably.ExpenditUfe is classlfled under the followln8 aalvlty heading., Expendlture on charitable aCtitIeS comprlses those costs Incurred by the Charlty In the delivery of Its activliles and 5ervi¢es ftsr its beneficiaries. It Includes l)oth costs that can be allocated dire¢tly to guch activlties and those Costs of an indirect riature ne¢essary to supptsrt thern. lffect>4erable VAT is chai8ed as a costagalnst the artlvlty fof which the expendltyre was InCurd. 81 Tangible fixed assets and depreclatlon Tan8lble fixed assets are stated at cost less depreciaiion. Dppretlatlon 15 provided at rates ealculaled to wrlte off the cost or valuatlofi of flxed aL%ets, less rhelr estlmated resldual value, over thelr expetted uselul Ilves on the followln8 basls: Offlce Equlprnent FIKures & Flrtlngs 2SX Reduclng 8414nce 8ulldSnB & 8vlldlng Refurbishrnent 25% Reducln8 8al3ft¢e 2% 5tfal8ht Ltrle h) Cash at bank and In hand Cash atbank and cash In hand IncludE5 cash and short term curreni accounts. 11 Value added ta¥ Vue added tax15 not recoverable by the tharfty, and Js such [5 Included In the relevant costs In the Statement of Flnan¢lèl Actlvitles. l} Taxatlon The <umpany Is a reÉisrered chailty and the charltable tax exernpt1o are therefore belng clalmed to th? extenr that Income andlor galn5 are appllcable and applled tui rharltable purpose5 only. These exemptlon5 wlll ma In place 45 long as Income and expendlture 15 applled to charltable purposes only.
IndarHouse Notes to the Ftmncial Stst•ments ror the year end•d 31 D0mb•r 2021 3 FIXEQ ASSETS Bulldl Flxtures & 8ulldln8 A•furblshm•nt Rtiin Équlpment Totil COST as at l January 2022 Adthtions Oispuss as at 31 December2023 250,740 345,390 9.486 5321 610.937 250.740 345.390 5,321 610,937 DEPPECIATIOM as at l January 2022 Charge for the Year 94.031 5,015 127.635 6.908 9,272 236,234 11.983 is at 310ecember 2023 99,046 134,543 9.326 5.302 248,217 NBV as at 31 Decernb•r 2013 151.694 210,847 160 362.720 •s at 31 Decernber 2022 156.709 217,755 214 2S 374.703 4 INCOME FROM CHARITABLE AcnvmES Unr•strfthd fte#rfct•41 Rental Income Donatlons 14.912 14.912 ,000 1,500 14500 14.912 14.912
Klnder Ho• fw th• yearuKled31 Doombqr 2023 S EXPENDITURE 8ank irterest & Char Maitenance DÈpreciatlon Heat & Ilgh( Insurance Repalrs & renewals Accountancy Sun 52 IL981 11981 3,362 3,982 12.029 732 3.491 266 796 3.362 3982 796 288 20.515 8,534 11,981 17,775 6 MOVEMENTIN pufiDS Z2 aalance bfllU8ht forward 25,337 357,512 382,84Y 389,712 IrKome forthe year EKp•ndltsre for the Y•ar 14,912 14.912 18.5341 {IIWII 120,SIS1 121,3S3) 8alafi carrrt loard 31,71S 345.531 377,246 3829 7 REIATED TRANuclloN5 Thare were no dtsclosable related party transartlons durln8 the yearl20224•.1 Pw13