Charity registration number SC042369 (Scotland)
Company registration number SC401058 (Scotland)
HELP FOR KIDS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
HELP FOR KIDS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Dave Lord
Laura McDowell
Derek Miller, Chair
MA Maxwell
GC Findlay
Laura Jackson
(Appointed 25 April 2024)
Charity number (Scotland)
SC042369
Company number
SC401058
Registered office
11 Dudhope Terrace
Dundee
Scotland
DD3 6TS
Independent examiner
Findlays Audit Limited
11 Dudhope Terrace
Dundee
DD3 6TS
HELP FOR KIDS
CONTENTS
Page
Trustees' report
1 - 3
Independent examiner's report
4
Statement of financial activities
5
Balance sheet
6
Notes to the financial statements
7 - 18
HELP FOR KIDS
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
- 1 -

The trustees present their annual report and financial statements for the year ended 30 June 2024.

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 governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) 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 (FRS 102)" (effective 1 January 2019).

 

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

The objects of the Company will be such charitable purposes as the trustees from time to time think fit, and in particular the relief of those in need by virtue of age, ill-health, disability, financial hardship or other disadvantage by the provision of charitable support to those fitting the criteria and who reside within the Dundee area.

Achievements and performance

In furtherance of the Objects the Company shall have the following power:-

 

To raise funds and organise appeals and invite and receive contributions from any person(s) whomsoever by way of subscription (whether or not under a Deed of Covenant), donation or otherwise and whether or not subject to any special trusts or conditions. Provided that the Company shall not undertake any permanent trading activities in raising funds, the profits of which are liable to tax, otherwise than for carrying out the Objects.

 

In addition, to receive and accept funds from any person(s) subject to condition that such funds be applied only in furtherance of the Objects and in a particular area or areas of Scotland.

Main achievements of the charity

The results for the year are set out in the attached accounts. The charity has worked towards their objectives during the year and has received several donations which will be donated back out to those they intend to support as referred to in their governing document.

 

Local Corporates

The charity continues to work closely with Findlays, MMG Archibold, Blackadders, Overgate, DC Thomson, Coast Renewable Services and Evening Telegraph. the charity is currently the Evening Telegraphs' official charity. Our aim for 2024 is to engage with more businesses in the local area, working together to fundraise on our behalf.

 

Ambassadors

In May 2018 the charity appointed 8 Ambassadors. Our Ambassadors are local people who have supported the charity throughout the years. As part of their voluntary role it has been agreed that each would be responsible for one fundraising event in the year as well as support the charity and promote Help For Kids using their knowledge and contacts in the Dundee and Perth area.

Our current Ambassadors are;

 

Aileen Bollan

Andrew McMurray

Lynne Wilson

Lynn Allardice

Fiona Hain

Steven Elder

Kirsty Fobes

 

Our Ambassadors continue to support the charity.

HELP FOR KIDS
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -

Fundraising activities and income generation

Ladies Day September 2023, was a huge success once again raising nearly £12,000.

 

In October 2023, Adam Findlay, Chairman, resigned from Help for Kids. There was now no Chairman in place which left DC Thomson to have conversations about potentially having a member of the Thomson family coming on board. This was to be discussed at the next board meeting.

 

November 2023 saw our Vice Chair, Derek Miller, host our first ever Christmas ball in association with Stable Kitchens and Winter Simpson Print. This was a huge success raising nearly £10,000 in toys and £8,000 in cash on the evening by various donations.

 

The Christmas Toy Appeal 2023 was even bigger than previously and raised £139,000 in donations, helping over 1,900 children in Dundee with sacks of parcels; each parcel contained 5 toys, a selection box, a teddy, Beano, and pyjamas or clothing. This year we had volunteers from various organisations in Dundee which really helped raise the profile of what we do here in Dundee. Volunteers were from DC Thomson, Insights, Broker Insights, Hillcrest, Coast Renewables and Remax, as well as donations from most of these organisations. We also worked closely with Dundee City Council to do all our deliveries. This worked extremely well as did having the premises at Kingsway.

 

In April 2024, Derek Miller was nominated as the new Chairperson.

 

In May 2024 we held our 11th annual golf day. The event was a great success, raising just short of £9,000.

 

In June 2024, Cheryl Peebles resigned as a Trustee.

 

We continue to work closely with local corporate companies, Findlays CA, Blackadders, DC Thomson, Coast renewables, Beam Orthodontists, MMG Archbold, Stable Kitchen and Tesco Call centre, Tesco South Road and Tesco Kingsway

 

We continue to work and meet with our Team of Volunteer ambassadors: Steven Elder, Lynn Allardice, Andrew McMurray, Lynne Wilson, Aileen Bollan, Kirsty Forbes, and Fiona Hain.

 

Overall Help for Kids is doing very well, and we hope to continue fundraising and continue helping local children.

HELP FOR KIDS
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
Financial review

The reserves policy of the charity is to hold free unrestricted reserves of approximately 5 months expenditure. The charity has unrestricted reserves which meets the reserves policy.

 

At the year end the charity holds £34,952 (2023 - £26,858) in reserves, of which £31,244 is unrestricted and of this free reserves not invested in fixed assets or designated amounts to £31,244 (2023 - £19,354). This equates to approximately 8 months direct costs. Restricted reserves held at the year end amount to £3,708 (2023 - £7,504).

Structure, governance and management

Help for Kids is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.

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:

Adam Montague Findlay, Chair
(Resigned 5 October 2023)
Dave Lord
Laura McDowell
Derek Miller, Chair
C Peebles
(Resigned 1 June 2024)
MA Maxwell
GC Findlay
Laura Jackson
(Appointed 25 April 2024)

Methods of appointment or election of trustees.

The trustees retire by rotation and are eligible for reappointment.

 

Organisational structure and decision-making policies

The trustees who on a quarterly basis and as they see fit administer the charity.

 

Financial matters are reported to the trustees on a monthly basis and when required.

 

The constitution has been reviewed and subsequent to the year end the name of the charity has been updated with both OSCR and Companies House to remove Wave 102 as they are no longer associated with Help for Kids. The Evening Telegraph is now a part of the charity.

 

Policies adopted for the induction and training of Trustees.

Trustees are recruited on an ad hoc basis, as and when required. There are no formal induction or training procedures in place for new trustees due to the organisation being relatively young.

Members' liability

The Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up.

The trustees' report was approved by the Board of Trustees.

Derek Miller, Chair
Trustee
19 March 2025
HELP FOR KIDS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HELP FOR KIDS
- 4 -

I report on the financial statements of the charity for the year ended 30 June 2024, which are set out on pages 5 to 18.

Respective responsibilities of trustees and examiner

The charity’s trustees, who are also the directors of Help For Kids for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(a)
which gives me reasonable cause to believe that in any material respect the requirements:
(i)

to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and

(ii)

to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations;

have not been met or
(b)

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

This report is made solely to the company's Trustees, as a body, in accordance with regulation 11 of the Charities Accounts (Scotland) Regulations 2006. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
Louise Deuchar CA
Findlays Audit Limited
11 Dudhope Terrace
Dundee
DD3 6TS
Dated: 19 March 2025
HELP FOR KIDS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
- 5 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
46,781
26,000
72,781
28,333
-
28,333
Other trading activities
4
55,860
158,940
214,800
47,821
98,000
145,821
Investments
5
563
-
563
295
-
295
Total income
103,204
184,940
288,144
76,449
98,000
174,449
Expenditure on:
Raising funds
6
15,568
-
15,568
13,788
-
13,788
Charitable activities
8
75,746
188,736
264,482
76,349
90,496
166,845
Total expenditure
91,314
188,736
280,050
90,137
90,496
180,633
Net income/(expenditure) and movement in funds
11,890
(3,796)
8,094
(13,688)
7,504
(6,184)
Reconciliation of funds:
Fund balances at 1 July 2023
19,354
7,504
26,858
33,042
-
33,042
Fund balances at 30 June 2024
31,244
3,708
34,952
19,354
7,504
26,858

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 7 to 18 form part of these financial statements.

HELP FOR KIDS
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 6 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
15
1
509
Cash at bank and in hand
37,106
32,296
37,107
32,805
Creditors: amounts falling due within one year
16
(2,155)
(5,947)
Net current assets
34,952
26,858
Net assets excluding pension liability
34,952
26,858
The funds of the charity
Restricted income funds
18
3,708
7,504
Unrestricted funds
31,244
19,354
34,952
26,858

The notes on pages 7 to 18 form part of these financial statements.

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 19 March 2025
Derek Miller, Chair
Trustee
Company registration number SC401058 (Scotland)
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 7 -
1
Accounting policies
Charity information

Help For Kids (previously known as Wave 102 Help for Kids) is a private company limited by guarantee incorporated in Scotland. The registered office is 11 Dudhope Terrace, Dundee, DD3 6TS, Scotland.

 

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 (FRS 102)" (effective 1 January 2019). 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 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 going 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 or grantors 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.

1.4
Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

 

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

 

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 8 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

 

All expenditure is inclusive of irrecoverable VAT.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment
33.33% Straight line

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 the statement of financial activities.

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 Instruments Issues’ 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.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 9 -
2
Critical accounting 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, which include depreciation, gifts in kind and donations in kind for various appeals. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Donations and gifts in kind are based on the donations coming in and are count them based on how many children are helped via these donations 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.

Allocation of support costs

There are some costs incurred which are not directly related to the charitable project but are deemed general support costs for the running of the organisation. Support costs are identified as those costs not used by a particular funding stream.

Allocation of overheads

Staff wages and other overhead costs are allocated towards projects based on the funding.

Gifts in kind

Gifts in kind (including Xmas appeal, Winter clothing and Easter Egg appeal) are included at the estimated cost of donated good.

 

The bike appeal is included at an estimated service cost of £100 per donated bike.

3
Donations and legacies
Unrestricted
Restricted
Total
Unrestricted
funds
funds
funds
2024
2024
2024
2023
£
£
£
£
Donations
46,781
26,000
72,781
28,333
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
3
Donations and legacies
(Continued)
- 10 -
Unrestricted
Restricted
Total
Unrestricted
funds
funds
funds
2024
2024
2024
2023
£
£
£
£
Donations and gifts
Hillcrest Foundation - Beds for Bairns
-
26,000
26,000
-
DD Competitions
1,325
-
1,325
-
Thorntons
1,500
-
1,500
-
Dancilicious
1,331
-
1,331
-
WM Thomson & Sons
10,000
-
10,000
-
Lennix Hughes Forever 16
5,000
-
5,000
-
Henderson Loggie
6,000
-
6,000
-
Just Giving
16,138
-
16,138
23,035
Insights Learning
-
-
-
1,000
General donations
5,487
-
5,487
4,298
46,781
26,000
72,781
28,333
4

Income from fundraising events

Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Win a Wedding
80
-
80
-
-
-
Bangers to Benidorm
14,078
-
14,078
-
-
-
Ladies Lunch
18,255
-
18,255
9,595
-
9,595
Easter egg appeal
-
1,800
1,800
-
-
-
Christmas Ball
22,383
-
22,383
-
15,600
15,600
Christmas toy appeal
-
157,140
157,140
-
82,400
82,400
The Kiltwalk
14
-
14
5,149
-
5,149
Fakeaway
-
-
-
7,772
-
7,772
Charity Ball
350
-
350
18,952
-
18,952
Golf Day
9,005
-
9,005
5,817
-
5,817
Race Night
1,295
-
1,295
537
-
537
Adele Bonus Ball
400
-
400
-
-
-

Income from fundraising events

55,860
158,940
214,800
47,821
98,000
145,821
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 11 -
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Interest receivable
563
295
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 12 -
6

Raising funds

Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Fundraising and publicity

Ladies Lunch

5,124
4,122

Misc fundraising costs

1,673
2,486
Golf Day
30
986
Charity Ball
8,741
5,844
Afternoon Tea
-
350
Fundraising and publicity
15,568
13,788
15,568
13,788
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 13 -
7
Expenditure on charitable activities
Unrestricted funds
Unrestricted funds
2024
2023
£
£
Direct costs
Staff costs
39,137
29,810

Advertising

523
3,500

Website costs

400
200

Just Giving fees

1,521
1,143

IT costs

504
-

Travel

1,665
732

Book-keeping

2,100
2,100

Rent

-
404

Miscellaneous expenses

71
-
45,921
37,889
Grant funding of activities (see note 8)
216,581
126,266
Share of support and governance costs (see note 9)
Support
-
1,190
Governance
1,980
1,500
264,482
166,845
Analysis by fund
Unrestricted funds
75,746
76,349
Restricted funds
188,736
90,496
264,482
166,845
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 14 -
8
Grants payable

 

 

2024
2023
£
£
Grants to institutions (26 grants):
Christmas Toy Appeal
161,298
90,496
Transition Programme
2,000
-
Dundee Schools
6,232
-
Tendercare Limited
2,119
-
Dundee and Angus ADHD Support
2,000
-
St Peter & Paul
-
2,400
Rosebank Primary
-
1,200
Boys Brigade
1,500
3,000
DCC - School Summer Program
-
4,994
Scotland Yard Adventure Centre
-
2,226
Over the Wall
-
6,000
Maryfield Utd Boys
469
1,500
Douglas Community Centre
-
4,000
Creative Care Limited
5,482
-
Beds for Bairns
25,637
-
Other grants to institutions
3,880
2,719
210,618
118,535
Grants to individuals (93 grants)
5,963
7,731
216,581
126,266

All grants paid to institutions have been awarded in line with Help for Kids charitable objectives and awarded to support families and children facing poverty within Dundee and the surrounding area.

 

All grants paid to individuals have been awarded under the charity's referral system, in line with Help for Kids charitable objectives and awarded to support families and children facing poverty within Dundee and the surrounding area.

 

 

HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 15 -
9
Support costs
Support costs
Governance costs
2024
Support costs
Governance costs
2023
£
£
£
£
£
£

Office supplies

-
-
-
1,190
-
1,190
Independent examination fees
-
1,500
1,500
-
1,500
1,500
Legal and professional
-
480
480
-
-
-
-
1,980
1,980
1,190
1,500
2,690
Analysed between
Charitable activities
-
1,980
1,980
1,190
1,500
2,690

Governance costs includes payments to the independent examiner of £1,500 (2023- £1,500) for independent examiner fees.

10
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
1,500
1,500
11
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
12
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
1
1
Employment costs
2024
2023
£
£
Wages and salaries
39,137
29,810
There were no employees whose annual remuneration was more than £60,000.
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 16 -
13
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

14
Tangible fixed assets
Office equipment
£
Cost
At 1 July 2023
404
At 30 June 2024
404
Depreciation and impairment
At 1 July 2023
404
At 30 June 2024
404
15
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1
1
Other debtors
-
508
1
509
16
Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
2,155
5,947
17
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 July 2023
Incoming resources
Resources expended
At 30 June 2024
£
£
£
£
General funds
19,354
103,204
(91,314)
31,244
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
17
Unrestricted funds
(Continued)
- 17 -
Previous year:
At 1 July 2022
Incoming resources
Resources expended
At 30 June 2023
£
£
£
£
General funds
33,042
76,449
(90,137)
19,354
18
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds
Movement in funds
Balance at
1 July 2022
Incoming resources
Resources expended
Balance at
1 July 2023
Incoming resources
Resources expended
Balance at
30 June 2024
£
£
£
£
£
£
£
Christmas Toy Appeal
-
98,000
(90,496)
7,504
157,140
(161,299)
3,345
Easter Egg Appeal
-
-
-
-
1,800
(1,800)
-
Beds for Bairns
-
-
-
-
26,000
(25,637)
363
-
98,000
(90,496)
7,504
184,940
(188,736)
3,708

Purpose of Funds

 

Unrestricted funds:

General funds are used for the general operating activities of the charity as the Trustees see fit.

 

Restricted funds:

 

Christmas Toy Appeal - Donations for running the annual toy appeal to provide under privileged children in the local area with a gift for Christmas.

 

Easter Egg Appeal - Easter Eggs donated to provide under privileged children in the local area with Easter eggs.

 

Beds for Bairns - Project launched by The Hillcrest Foundation to provide new beds for children in the local area living in challenging circumstances.

19
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 30 June 2024:
Current assets/(liabilities)
31,244
3,708
34,952
31,244
3,708
34,952
HELP FOR KIDS
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
19
Analysis of net assets between funds
(Continued)
- 18 -
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 30 June 2023:
Current assets/(liabilities)
19,354
7,504
26,858
19,354
7,504
26,858
20
Related party transactions

Name of related party: Blackadders LLP

Nature of relationship: Laura McDowall, trustee of Help for Kids, is also a partner of Blackadders LLP. Transactions: During the year, Blackadders donated a total of £3,448.95 to Help for Kids as their chosen charity of the year. Help for Kids also had expenses to Blackadders amounting to £480.

 

Name of related party: G2 Plant (UK) Limited

Nature of relationship: Gavin Chalmers Findlay, trustee of Help for Kids, is also a director of G2 Plant (UK) Limited.

Transactions: During the year, G2 Plant (UK) Limited donated a total of £450 to Help for Kids.

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