Klnder House
Unaudlted Flnanclal Statements
For the year ended 31 December 2024
Charity Number: 103688
Company Number: N1044136

Klnder House
Content
for the year ended 31 December 2024
Servlng Dlrectors and Advlsors
Trustees, Report
Independent Examlner'5 Report
Statement of Flnancial Activitles
Balance Sheet
Notes to the Financlal Statements
10-13

Klnder House
Servlng Directors and Advisors
forthe year ended 31 December 2024
Directors
Jim Conlon
John Thompson
Finbar Mccormick
Helen Hossack
Peter Heathwood
Chairperson
Finbar Mccormack
Treasurer
JIM Conlon
Banker
First Trust
Fortwilllam Branch
551 Antrim Road
BT15 3BU
Sollcitor
Cleaver Fulton Rankln
50 Bedford Street
Belfast
BT2 7FW
Independent Examiner
Michael Farrell
AAB Group Accountants Limited
1-3 Arthur Street
Belfast
BTI 4GA
Registered Office
3 Westpoint
KSllough
BT30 7QT
Charlty Number
Company Number
103688
N1044136
Page 2

Klnder House
Trustees. Report
for the year ended 31 December 2024
The trustees present their report and accounts for the year ended 31 December 2024.
The accounts have been prepared In accordance with the accountlng policies set out In note I to
the accounts and comply with the charity's constitution, the Charities Act Northern Ireland 2008
and "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 Republlc of Ireland (FRS 102}" (as amended for accounting periods commenclng
from l January 2019).
Alms
The aims of the Trustees are to transfer the property into the ownership and care of Wave Trauma.
This process is currently In It's flnal stages and is belng progressed by the legal people of both partles.
The A¢hlvementS
Over the current accounting year have been to malntaln the approprlate Insurance on the bullding
as per the original agreement and to carry out any work of a hlstorlcal nature required by Wave to
ensure contlnulty of usage by Wave and It's cllents.
Objectlves and actlvltles
The charity's objects are to promote the education and soclal welfare of children, young adults and
dlsadvantaged adults. The policles adopted In furtherance of these objects include:
- The purchase and use of a community house by appropriate organisations and charitable bodies;
Organising and facilitating the organisation of social, recreational and educational activities
which Involve children and young adults; and
The organisation of international exchange visits for the children and young adults and those
who are working wlth and supervlsing them in such actlvlties.
There has been no change in these policies during the year, although income from international
exchange vlslts has dimlnlshed In recent years and the focus of the company on generatlng funds
has had to become more focused on Northern Ireland.
The trustees have pald due regard to guidance Issued by the Charity Commission in deciding what
activities the charity should undertake.
Flnanclal revlew
The results are set out on pages 8 to 13. The company incurred a net deficit for the year of £4,856
(2023: net deficlt of £5,603), leavlng unrestrlcted funds of £38,826 and restricted funds of £333,564
The level of unrestrirted funds at 31 December 2023 was £31,715 (see Note 6).
The unrestricted funds are considered to be essential to provide sufficient funds to cover any
urifore5een cost5 which may arlse and to fulfll the legal obligations of the charity in the event that
current levels of income are not maintained.
It is the policy of the company that unrestricted funds which have not been designated for a specific
use should be maintained at a level equivalent to at least three month's expenditure. The trustees
consider that reserves at this level will ensure that, in the event of a significant drop in funding,
they will be able to continue the charitvs current activities while consideration is given to way5 in
which additional funds may be raised. This level of reserves has been maintained throughout the
year.
Page 3

Kinder House
Trustees. Report
for the year ended 31 December 2024
The company has assessed the major risks to which the charity is exposed, and are satisfied that
systems are in place to mitigate exposure to the major risks.
Durlng last year Klnder House Charlty leased out the its premises to Wave Trauma Charity which
is the largest cross community victim's group in Northern Ireland with the ultimate aim of
transferrlng Its ownershlp to them. During this financial year, the situation wlth Kinder House
remained largely unchanged with the Wave Trauma charity leasing Kinder House for use by its
admlnlstrators and clients with the Kinder House trustees being responsible for property
Insurance and some hlstorfc malntenance Issues.
Progress contSnued to be made towards a complete transfer to Wave and it is anticipated that
thi5 could be completed within the next financlal year.
On completion of the transfer Kinder House would cease trading and stop functloning as a
Llmlted Company and a Charlty.
Wave pay a monthly rent on the property, as per agreement, which allows Kinder House
to bulld up some financial reserves which leaves us in a stronger flnanclal position year on year.
Structurei governance and management
Kinder House is a company limited by guarantee, Sncorporated on 19 September 2002 and
accepted as a charity for tax purpose5 by HM Revenue & Customs on the 7 October 2002. It Is
governed by its Memorandum and Articles of Association dated 12 September 2002 and
amended to allow for current governance in March 2015.
Methods used to recrult and appolnt new charity trustees include the circulation of invitations
to all members so that they may nominate trustees prior to the Annual General Meeting.
None of the trustees has any beneficial interest in the company. All of the trustees are
memebers of the company and guarantee to contrlbute £1 in the event of a windin8 UP.
The Klnder House Board has malntained the same structure allowln8 a contlnulty of governance
while maintaining contact with Wave to allow intervention a5 required.
This arrangement has been successful to date and will continue until no longer needed.
Organisational Structure
The charitable company is governed by its Memorandum and Articles of Association.
The company is not for profit and limited by guarantee.
The organisation is governed by its Board of Directors who meet regularly.
New Directors are briefed on their legal obligations under charity and company law. the content
of the Memorandum and Articles of Association, the committee and decision-making proce5S,
the business plan and recent financial performance of the charity.
Page 4

Kinder House
Trustees. Report
for the year ended 31 December 2024
Statement of Trustees Responsibilities
The trustees, who are also the dlrectors of Klnder House for the purpose of company law, are
responsible for preparing the Trustees Report and the accounts in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company Law requlres 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, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the trustees are required to:
select suitable accounting policies and then apply them conslstently,.
observe the methods and principles in the Charitle5 SORP;
make judgements and estimates that are reasonable and prudent; and
prepare the accounts in the golng concern basls unless it is Inapproprlate to presume that
the charity will continue in operation.
The trustee5 are responsible for keepSng adequate accounting records that dlsclose with
reasonable accuracy at any time the financial position of the charity and enable them to ensure
that the accounts comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charSty and hence for taking reasonable steps forthe preventlon
and detection of fraud and other irregularities.
The report was approved by the Board of Trustees, and slgned on Its behalf:
Mrjc
lon
(Treasurer)
Date
Page S

Independent Examlner's Report
to the charlty trustees of Kinder House
{a company limited by guarantee)
I report to the trustees on my examlnation of the flnancial Statements for Klnder House
on pages 8 to 13.
RESPECTIVE RESPONSIBILITIES OF CHARITY TRUSTEES AND EXAMINER
As the trustees of the charlty and { also the dlrectors of the company for the purposes of company lawl,
you are responsible for the preparatlon of the accounts in accordance with the requlrements of the
Companies Act 2006.
Having satisfied myself that the charlty Is not subject to audit under company law and Is ell85ble for
Independent examination, it is my resonslblllty to:
examlne the accounts under section 65 of the Charltles Act;
to follow the procedures laid down in the general directions given by the Charity Commission
for Northern Ireland under section 65(9)(b) of the Charities Act (Northern Ireland) 21x18," and
to state whether particular matters have come to my attention.
BASIS OF INOEPENDENT EXAMINER'S REPORT
I have completed my examlnatlon, I confirm that no matters have come to my attention in
connection with the examlnatlon glvlng me cause to believe that in any material respect:
Accounting records were not kept In respect of the charity as required by section 386 of the
2006 Act; or
The financlal statements do not accord with those records; or
The financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a true and fair view which is
not a matter considered as part of an independent examinatio. or
The financial Statements have not been prepared in accord3nce wlth the methods and
prlnclples of the Statement of Recommended Pratice for Accountlng and reporting by charities
applicable to charities preparing their accounts in accordance with the Financial Reporting

Independent Examine￿5 Report
to the ¢harlty trustees of Kinder House
(a company limited by guarantee)
Standard applicable in the UK and Republlc of Ireland (FRS 102).
I have no concerns and have come across no matters In connectlon wlth the examintlon to which
attentlon should be drawn in this report In order to enable a proper understanding of the flnanclal
statements to be reduced.
I can conflrm that l am quallfied to undertake the examlnatlon because l am a registered member
of Chartered Accountants Ireland, which is one of the listed bodie5,
20 October 2025
Michael Farrell
for, and on behalf of,
AAB Group Accountants Limlted
Date
1-3 Arthur Street
Belfast
BTI 4GA
P8ge 7

Klnder House
Statement of Financial Activities
(incorporating an Income & Expendlture Account)
for the year ended 31 December 2024
Total
2024
Total
2023
Notes Unrestrlcted Restrlcted
INCOME FROM:
Charitable Activities
16,666
16,666
14,912
TOTAL INCOME
16,666
16,666
14,912
EXPENDITURE ON:
Charltable Actlvltles
{9,555)
(11,967) (21,522) 120,515)
TOTAL EXPENDITURE
{9.555)
111,967)
(21,522) 120,515)
NET INCOME / IEXPENDITURE)
7,111
(11,967)
14,856}
(5,6031
Transfer between funds
NET MOVEMENT IN FUND5
7,111
111,967>
{4,856)
(5,603)
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
31,715
345,531
377,246
382,849
TOTAL FUNDS CARRIED FORWARD
38,826
333,564
372,390
377,246
All income derives from contlnuing activities. therefore no statement of recognlsed gains or
losses is given.
The notes on pages 10 to 13 form part of these financial statements.
Page 8

Klnder House
Balance Sheet
as at 31 December 2024
Notes
2024
2023
FIXED ASSETS
Tangible Fixed Assets
350,752
362,720
CURRENT ASSErs
Bank Balance
Prepayments
23,466
16,322
23,466
16,322
CREDITORS- amounts < l year
Credltors and Accruals
-1,828
-1,796
NET CURRENT A55ETS
21,638
14,526
NET ASSETS
372,390
377,246
REPRESENTED BY:
Accumulated Fund - Restricted
Accumulated Fund - Unrestrlcted
333,564
38,826
345,531
31,715
372,390
377,246
The company Is entitled to the exemption from the audit requlrement contained in section 477 of
the Companies Act 2006, for the year ended 310ecember 2024.
The directors acknowledge their responslbllltles for ensuring that the charity keeps accounting
records which comply wlth section 386 of the Act and for preparing financial statements which
give a true and fair view of the state of affairs of the company as at the end of the financlal year
and its Incoming resources, Including its income and expenditure, for the financial year in
accordance wlth the requlrements of sections 394 and 395 and whlch otherwlse comply wlth
the requirements of the Companies House Act 2006 relating to financial statements, so far as
applicable to the company,
The members have not ￿qUired the company to obtain an audit of its financial statements for
the year In questlon in accordance wlth sectlon 476.
These financlal statements have been prepared in accordance with the provisions applicable
to companies subject to the small companies regime.
These financial statements were appToved by the trustees and authorlsed for issue and are
signed on their behal
Mr J Conlon
Director
Date
The notes on pages 10 to 13 form part of these financial statements.
Page 9

Kinder House
Notes to the Flnanclal Statements
for the year ended 31 December 2024
I. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the financial statements are as follows..
a) Basls of preparation
The financial statement5 have been prepared In accordance wSth Accountlng and Reportlng
by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Stsndard applicable in the UK and
Republic of Ireland {FRS 1021 (effective l January 2019) - {Charities SORP IFRS 102), the
Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102) and the
Companies Act 2006.
Kinder House meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accountlng pollcy note{sl.
b) Preparation of the accounts on a golng concern basls
The trustees are of the opinion that the charity is a going concern due to the level of reserves
and plans in place,
cl Fund Accounting
Unrestricted funds are funds which are available for use at the dlscretlon of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for
other purposes.
Restrlcted funds are funds which which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the Charity for partlcular purposes. The cost
of raising and administering such funds are charged against the specific fund. The aim and use
of restricted funds is set out in the notes to the financial statements, Restricted funds may
only be transferred to general or designated funds once the criterla for restrlctlon have been
dlschar8ed or no longer apply.
d) Income
Income is recognised when the charity has entitlement to the rent, funds, any performance
conditions attached to the Item{sl of income have been met, It is probable that the income
will be received and the amount can be measured reliably.
Income is deferred only when the charity has to fulfill conditions before becoming entitled to
period.
e) Donated services and facilities
In accordance wlth the Charities SORP (FRS 102), the general volunteer time of 5UPPOrters
Is not recognised.
Page 10

Klnder House
Notes to the Financial Statements
for the year ended 31 December 2024
I. ACCOUNTING POUCIES
fj Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment
to a third party, it is probable that Settlement will be required and the amount of the
obllgatlon can be measured reliably.Expenditure Is classlfied under the followlng activitv
heading:
Expenditure on charitable activities comprises 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.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was
Incurred.
g) Tangible fixed assets and depreclatlon
Tanglble fixed assets are stated at cost less depreclatlon.
Depreciatlon is provided at rates calculated to write off the cost or valuatlon of fixed assets,
less their estimated residual value, over their expected useful Ilves on the followlng basls:
Offlce Equlpment
Flxtures & Flttings
Bullding & Building Refurbishment
25% Reduclng Balance
25% Reducing Balance
2% Straight Line
h) Cash at bank and in hand
Cash at bank and cash in hand Includes cash and short term current accounts.
i) Value added tax
Value added tax is not recoverable by the charity, and as Such is included in the relevant
costs In the Statement of Financial Activities.
J) Taxatlon
The company is a registered charity and the charitable tax exemptlons are therefore being
claimed to the extent that income and/or gains are applicable and applied to charitable
purposes only. These exemptions will remain in place as long as income and expenditure
Is applied to charitable purposes onlv.
Page11

Klnder House
Notes to the Financial Statements
for the year ended 31 December 2024
3 FIXED ASSETS
Bulldln8
Refurbishment
Flxtures &
Fittings
Building
Equlpment
Totsl
COST
as at l January 2023
Additions
Disposa15
as at 31 December 2024
250,740
345,390
9,486
5,321
610.937
250,740
345,390
9,486
5,321
610,937
DEPRECIATION
as at l January 2023
Charge for the Year
99,046
5,015
134,543
6.908
9,326
5,302
248,217
11,968
as at 31 December 2024
104,061
141.451
9,366
S,307
260,185
NBV
as at 31 Decernber 2024
146,679
203,939
120
14
350,752
as at 31 December 2023
151,694
210,847
160
19
362,720
4 INCOME FROM CHARITABLE ACTIVITIES
Unrestrlcted
Restrlcted
2024
2023
Rental Income
Donations
16,666
16,666
14,912
16,666
16,666
14,912
Page 12

Klnder House
Notes to the Financial Statements
for the year ended 31 December 2024
S EXPENDITURE
Unrestrfcted
Restrlcted
2024
2023
Bank Interest & Charges
Maitenance
Depreciation
Heat & light
Insurance
Accountancy
Sundry
47
47
748
11,967
3,397
4,331
862
170
21,522
46
60
11,981
3,362
3,982
796
288
20.515
11,967
3,397
4,331
862
170
9,555
11,967
6 MOVEMENT IN FUNDS
Unrestrlcted
Restricted
2024
2023
Balance brought forward
31,715
345,531
377,246
382,849
Income for the year
Expenditure for the Year
16,666
-9,555
16,666
-21,522
14,912
-20,515
-11,967
Balance carrled forward
38,826
333,564
372,390
377,246
7 RELATED PARTY TRANSACTIONS
There were no dlsclosable related party transactlons durlng the year12023-none).
Page 13