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 DeC￿￿t 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 ￿[th￿r 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 polici￿5 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￿$. Organlslng faclllCatln8 the Drrdnlsatlon of soclal. recreatlonal Ind educatlon•l •thltle5 whlch involve chlldren ind young adults; and - The oroanisatlon of internatiDnal exchan8e vlsits for the chlldren and young adults ind those who are worklng wlth and super¥lsln8thern In such ¥ctlvltle5. There has been no change in these pollcles durlng theye•r. althou81i IncomE from Internatlonal exchange vlslts has dlmlnlshed In recent yèars and the tOCYs of the carnpany on ￿ntIalIni fvnds has had to becomo more locused on Northern Ireland. The trustees have pald due regard to iuldince Issued by the Charfty Commlsslon Ill deddln8 what attlvltles the tharty shauld undertake. Thè results are Set cut on pales 8 to 13. The company In¢urreEI a net deflclt far the year of É5.503 12022.. net defic￿ of £6,863), leavlng unre5trltted funds of £31,715 and restrirted funds 01 £345,531 The level of unrestrlcted funds at 31 December 2022 was É25.3TI Isee Note 61. The unrestrfrted fund5 are consldered to be es5entlal to pnjvlde sufflclent funds to cover any unforeseen rosts whlch may aN5e and to fulfil the legal obligat10ry5 of the tharlty In the everrt that current levels Df Income are not malntalned. It Is the pollcy of the cornpany that unrestrlrted funds vthlth have not been deslwatad for a speclfic use should be malntalned at a level equSvalent to at lÈa5t three month's expendlture. The trustees cO￿lder that reserves at thls level will ensure that. In the event of a 51gnlflcant drop In fundln they will be able to contlnue the charitys current actlvltles while ¢onsIdern￿on Is 8iven to ways in whlch addltlonal funds may be ralsed. Thls level of reserves has been rnalntslned throu8hout the year. P4E3 Kinder Hous• Trystee#' Report for the year ended 31 December 2023 The tornpany has assessed the major rlsk5 to whlch the charlty15 Rxposed. and are sat15fied that systEffls are In place to mitlgate exposureta the major risks. Ourln8 la$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 t￿￿tee5 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 cc*mpletqd 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 r￿PIed 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 Kuar4n*e 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. REsPEC￿E 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 charl￿e5 Art: to follow the procedures lald down In the Kene￿ dlrectlons glven by the Charlty Crynm1$51on for Northem Ireland under section 65{9llbl of the Charitles Art (Northern Irelandl 2008.. and to state whether partltylar m•tters h•ve comè to my attentlon. IASIS OF INDEPENDEMY EXAMINER¥ REpoKr I have completed my examlnatlon. I conflrm that no matters hive come tu rnyatttDtOon In ctsnnecdon wlth the examlnatlon Ovln¥ me ¢Juse to belleve th•t In any materkl respect: Accountln8 records were not kept In respett of the charlty as iequlred by soctlon 386 of the 2006 Act: or The flnanclal statements do not accord wlth thos4 recorth; or The finandal 5taternents do not comply wlth the a¢countln8 requlrements of 5ectlon 396 of the 2006 Act other thon any requlrement that the accounts glve a true and falrvlew whlch Is not a matter consldered a5 part of an Independent examlnatlo; or The finand•J Statements have not been prepared In accordance with the methods and ndples of the Statement of Recornfftended Pratlce for Accountlng and reportln8 by charltles Ippllcable to c￿lItIeS preparlng thelr accwnts accordance wlth the FInand￿ Reportlft8 llE8 Independ•nt Repurt to the th¥ltytrust••s of Klnder House la company Ilmlted byguararteel Stsndard ippllcable In th• UK and Repubjlc of Ireland IFRS 1021. I have no con¢ern5 and have COME across no matters In connecllon wlth the examlntlon to which attenbon shuuld be drawn In thts report In order to enable a proper und•rstandlni of the flnand•l statements to be reduced. I can confirni that l am quallfled to undertake the e￿mInat￿on because I a re8lstered member ol Chartered Accountants Ireland. whlch bs one of the Ilsted bodles. Mlthael Farrell for. and on behalf of. AB Group Accountsnts Ltd Date 1-3 Arthur Street Belfast BTI 4GA Kth￿•r Hous• Slatemert of Flftandal Art￿ttle$ ncorpw¥tlnK ￿ Incom•& Ewndltyr• Accountj forth•y•arended31 Dec•nthr 1024 Tolal Totsl 2022 Notes ulr￿rfthd R•#rf4erable VAT is chai8ed as a costagalnst the artlvlty fof which the expendltyre was InCur￿d. 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¥ V￿ue 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