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THE HUMAN KIND FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Sarah Alexandra Ke150-Robb Lana Elizabeth Kelso Robb Robert Steven Robb Secretary Sarah Alexandra Kelso-Robb Company number N1670917 Charity number (Northern Ireland) 108000 Registered office Laurel Lodge 20 Dairyland Road Ballyclare Co. Antrim BT39 9QN Independent Examiners FPM Accountants Ltd 1-3 Arthur Street Belfast Co. Antrim BT14GA
THE HUMAN KIND FOUNDATION CONTENTS Page Trustees report Statement of Trustee's sponSibl11t1eS Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 10-17
THE HUMAN KIND FOUNDATION TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 37 JUL Y 2023 The Trustees prÈsent their report and financial statèments for the year ended 31 July 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Act 2008, the Companies Act 2006 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 Republic of Ireland IFRS 1021 (effective 1 January 20191" Objectives and activities The charity's objects are to; Educate young people about charitable giving and promote individual contributions of money, time and skills for charitable and community purposes,. Provide support and activities which develop young people's understanding, skills, capacities and capabilities to enable them to participate in society a5 responsible individuals,. Inform, advise and educate the public about charitable giving with a view to encouraging and improving fundraising and planned charitable giving, thereby promoting the efficiency and effectiveness of community and voluntary organisations. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Background to the Establishment of the Foundation Over the last 20 years there has been a worrying decline in younger people's participation in volunteering and giving money to good causes. There is a feeling among young people that the emphasis on raising or donating money can be disempowering as they have limited funds to give. Charity is not a topic at the forefront of young people's minds and it is not the first thing they would think to do with their money. A partiapant summed this up well at a Joseph Rowntree Foundation focus group for their "Growing Into Giving" Report - "It's all about intention, if you don't get it when you're young, this feeling that I have to give, and the is a reason why I have to give, it won't come to you when you are older.. Educational Programmes Designed to meet Charitable Objectives The programmes of engagement provided by The Human Kind Foundation are broadly based on three age- groups primary School, post-primary school and further education, each with age appropriate offerings. Primary School - Curriculum based classroom activities, workshop5, charity visits, summer camps, inrItiVISed giving challenges and community learning opportunitie5. This will be branded as "Kind Little Humans". Post-primary School In and out of school workshops and activities, giving projects, a Giving Journal, accredited training and incentiV15ed giving challenges. Further Education - Giving Circles, outreach, peer learning and incentivised giving challenges of a more strateglc nature.
THE HUMAN KIND FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 3 1 JUL Y 2023 Activities Designed to meet Charitable Objectives "The Giving Tree" A Christmas tree (physical or virtuall where the gifts purchased are matched by The Human Kind Foundation and distributed to local charities and good causes. "The Toy Chest for Little Treasures. The donation of gifts of toys, books, games etc, which are distributed by appropriate charity partners to children who would not otherwise receive such gifts.for a specific occasion, for example a hospital visit, bereavement, or any difficult time throughout the year. "The Family Giving Game" A resource designed for kitchen table conversations about giving and other families in need in order to encourage the setting of a family's charitable objectives 'Next Gen Philanthropy. A seNice designed for families of high net worth, to examine their personal charitable vision and values to inform the giving objectives of the next generation. Achievements and performance Development work designing the range of Educational Programmes and in the development of the concepts for the activities was completed and rolled out. A pilot to design and deliver a curriculum-based education programme was kindly supported by the Mccall Foundation. The programme has been running successfully in schools and youth settings. Having been evaluated, the feedback from participants and teachers has en taken on board with regard and interest in the programme has been increasing. In addition, throughout the year we have worked with a number of charities, youth groups, schools and community organisations. With our various programmes, as well as teaching children and young people about philanthropy, we have been able to directly support Extern Nl, Women's Aid, Simon Community Nl, VOYPIC, Ukrainians Nl, B10550ms Belfast, All Nations, The Equality Period, The Trussell Trust Foodbanks, Beyond Skin, The Salvation Army, SVP & CEF. The total cash sum expended on charitable activities by the Foundation was £2,201.20, with the same value having been distributed to the designated charities with donations in kind. This year saw the development of a collaboration with a donor to establish the Terry Malone Legacy Award. This initiative sought to recognise the talent of young people interested in music and art. We were very grateful to receive a generous donation of £5,000 to create a pilot programme focused on philanthropy and taents to award grants of up to £250 to purchase musical instruments, pay for tuition and fund community projects. To date we have been supported with the founding grant and by various individuals contributing cash and in kind. To date we have been supported with the founding grant and by various individuals contributing cash and in kind. A multi-strand fundraising strategy is now in place to increase breadth and geographical delivery of our work in order to fulfil the stated charitable objectives.
THE HUMAN KIND FOUNDATION TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2023 Financial review It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The Trustees consbjers that reseNes at thi5 level will ensure that in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves ha5 been maintained throughout the year. The Trustees have 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. Structure, governance and management The Charity is a company limited by guarantee without share capital use of 'Limited' exemption. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: Sarah Alexandra Kelso-Robb Lana Elizabeth Ke150 Robb Robert Steven Robb Currently this is a family foundation and the Trustees were recruited as members of that family. Disclosure of information to auditor Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The Trustees report was approved by the Board of Trustees, Ms. Sandara Ke150-Robb MBE Trustee Dated..
THE HUMAN KIND FOUNDATION STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 JUL Y 2023 The Trustees, who are also the directors of The Human Kind Foundation for the purpose of company L2w, are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the Trustees to prepare financial statements 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 resource5, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently; observe the methods and pri nciples in the Charities SORP., make judgements and estimates that are reasonable and prudent., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statnentS comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Fpm AN AAB GROUP COMPANY THE HUMAN KIND FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HUMAN KIND FOUNDATION I report to the Trustees on my examination of the financial statements of The Human Kind Foundati for the year ended 31 July 2023. Responsibilities and basls of report As the Trustees of the Charity land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's financial statements carried out under section 65 of the Charities Act Northern Ireland 2008 (the 2008 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 6519)Ib) of the 2008 Act. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in Connecti with the examination giving me cause to believe that in any material respect: accounting records were not kept in respert of the Charity as required by section 386 of the 2006 Act,. or the financial 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 examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. www.fpmaab.com l infoiofjpmaab.com
Fpm AN AAB GROUP COMPANY THE HUMAN KIND FOUNDATION INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE TRUSTEES OF THE HUMAN KIND FOUNDATION I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Lowry Grant FPM Accountants Ltd Chartered Accountants ststutory Auditors 1-3 Arthur Street Belfast Co. Antrim BT14GA Dated: www.fpmaab.com l Inf&rfpmaab.cOM
THE HUMAN KIND FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JUL Y2023 Unrestricted Restricted funds funds 2023 2023 Total Unrestricted funds 2022 Restricted funds 2022 Total 2023 2022 Notes Income from: Donations and legacies Charitable activities 16,045 5,001 21,046 12,415 12,415 2,000 2,000 Total Income 16,045 5,001 21,046 12,415 2,000 14,415 enditure on: Charitable activities 6,143 6,250 12,393 4,831 4,831 Net income/(expenditure) for the year/ Net movement in funds 9,902 {1,249) 8,653 12,415 12,8311 9,584 Fund balances at 1 August 2022 12,698 3,353 16,051 283 6,184 6,467 Fund balances at 31 July 2023 22,600 2,104 24,704 12,698 3,353 16,051 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
THE HUMAN KIND FOUNDATION BALANCE SHEET ASA T31JUL Y2023 2023 2022 Notes Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 1,258 997 10 94 23,933 1 5,582 24,027 15,582 Creditors: amounts falling due within one year 11 {581) (528) Net current assets 23,446 15,054 Total assets less current liabilities 24,704 16,051 Income funds Restricted funds Unrestricted funds 2,104 22,600 3,353 12,698 24,704 16,051
THE HUMAN KIND FOUNDATION BALANCE SHEET (CONTINUED) ASA T37 JUL Y2023 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2023. The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Att 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 financial year and of its incoming resourc& and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on Sarah Alexandra Kelso-Robb Trustee Company Registration No. N1670917
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JUL Y 2023 Accounting policies Charity information The Human Kind Foundation is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Laurel Lodge, 20 Dairyland Road, Straid, Ballyclare, Co. Antrim, BT39 9QN. 1.1 Accounting convention The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006 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 Republic of Ireland (FR5 1021 leffective 1 January 20191 The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the 90ing concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are Subject to specific conditions by donors that the capital must be maintained by the Charity. 1.4 Income Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 10-
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2023 Accounting policies (Continued) Legacies are recogni5ed on receipt or othemise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy treated as a contingent asset. 1.5 Tangible fixed assets Tangible f ixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any im pairment losses, Depreciation is recog nised so as to write off the cost or valuation of assets less their residual values over their useful live5 On the followirsg bases: Fixtures and fitti ngs Computers 25% SL 25% SL The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/lexpenditure) for the year. 1.6 Impairment of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of thÉ impairment loss lif any). 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments15sues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 11
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 3 7 JUL Y 2023 Accounting policies (Continued) Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amartised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of nterest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt i nstrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment 15 due within one year or less. If not, they are presented as non-current liabilities. Trade creditor5 are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. Critical accountlng estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 12-
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 37 JUL Y 2023 Donations and legacies Unrestrirted Restricted funds funds Total Unrestricted funds 2023 2023 2023 2022 Donations and gifts 16,045 5,001 21,046 12,415 Charitable activities Charitsble Income 2023 Ch•ritsble Income 2022 Charitsble Income Charitsble Income 2023 2022 Mccall Foundation ICFNII 2,000 13-
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 37 JUL Y 2023 Charitable activities Unrestricted Restricted Total Unrestricted Restricted 2023 Total 2022 2023 2023 2022 2022 Depreciation and impairment Donations TM Awards Printing and Stationary Resources Legal and Professional 530 382 530 3,105 2,236 700 65 2,800 332 332 2,999 2,723 2,236 700 2,999 65 2,800 3,777 5.659 9,436 332 2,999 3,331 Share of support costs (see note 61 Share of govemance costs (see note 6) 2,315 2,315 972 972 581 61 642 528 528 6,673 5,720 12,393 1,832 2,999 4,831 Analysis by fund Unrestricted funds Restricted funds 6,143 530 6,143 6,250 5,720 1,832 2,999 4,831 6,673 5,720 12,393 1,832 2,999 4,831 14-
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2023 Support costs Support Costs Governance costs 2023 2022 Membership Subscriptions Travel & Subsistence Printing & Stationary General 315 1,718 315 1,718 387 279 306 282 282 Accountancy fees Legal and professional 581 581 528 61 61 2,315 642 2,957 1,500 Analysed between Charitable activities 2,315 642 2,957 1,500 Trustees During the year trustee Sarah Alexandra Kelso-Robb received £2,800 for programme delivery and consultancy. Thi5 was at a reduced rate. Employees The average monthly number of employees during the year was.. 2023 Number 2022 Number Total 15-
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 JUL Y 2023 Tangible fixed assets Fixtufes and fittings Computers Total Cost At 1 August 2022 Additions 1,329 1,329 791 791 At 31 July 2023 1,329 791 2,120 Depreciation and impairment At l August 2022 Depreciation charged in the year 332 332 332 530 198 At 31 July 2023 664 198 862 Carrying amount At 31 July 2023 665 593 1,258 At 31 July 2022 997 997 10 Debtors 2023 2022 Amounts falling due within one year: Other debtors 94 11 Creditors: amounts falling due within one year 2023 2022 Accruals and deferred income 581 528
THE HUMAN KIND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 37 JUL Y 2023 12 Analysis of net assets between funds Unrestrirted Restricted funds funds 2023 2023 Total Unrestricted funds 2022 Restricted funds 2022 Total 2023 2022 Fund balances at 31 July 2023 are represented by: Tangible assets Current assets/lliabilitiesl 1,258 12,698 1,258 23,446 997 2,356 997 15,054 2,356 12,698 13,956 2,356 24,704 12,698 3,353 16,051 17-