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|Trustees||Mr MSJWay||
|---|---|---|---|
|||Mr RDAdams||
|||Mr RJ trarley||
|||Mrs M
McC oui l||
|||lvlrs C Maclennan||
|||MsJWay||
|||Mr J Houlihan||
|Charity|number|t018457||
|Principal|address|2 Lodore Road||
|||High West Jesmond||
|||Newcastle
upon Tyne||
|||Tyne and Wear||
|||NE2 3NN||
|Auditor||Robson Laidler Accountants|Limited|
|||Fernwood
House||
|||Fernwood
Road||
|||Jesmond||
|||Newcastle
upon Tyne||
|||Tyne and Wear||
|||England||
|||NE2 1TJ||
|cankers||Barclays Bank Pic||
|||Cobson House||
|||Regent Centre||
|||Gosforth||
|||Newcastle
upon Tyne||
|||NE3 3PS||
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|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Independent
auditor's|report|5-7|
|Statement
offinancial|activities||
|Balance sheet|||
|slates to the financial|statements|10-15|
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||||||||Unrestricted|Unrestdcted|
|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|
||||||||2023|2022|
|||||||ftotes||5|
|income fram:|||||||||
|Donations
and||legames|||||145,673|336,434|
|Investments|||||||340,462|250,280|
|Total income|||||||486,135|586,714|
|Expenditure|on:||||||||
|Charitable
activities||||||4|249,949|166,289|
|fact gains/(losses)||||on investments|||f140,370)|584,824|
|Net income and|||movement||in funds||95,816|1.005,249|
|Reconciliation||of||funds:|||||
|Fund balances||at 1||July 2022|||7,680,936|6,675,687|
|Fund balances|||at|30June 2023|||7,776,752|7,680,936|
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||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|6||6|||
|Fixed assets||||||||||
|Tangible assets||||10||14,113|||5,575|
|Investment|properly|||11||6,021,169|||6,226,005|
|Investments||||12||1,421,367|||1,356,901|
|||||||7,456,649|||7,588.48'I|
|Current assets||||||||||
|Debtors||||13|23,542||19,557|||
|Cash at bank and||in|hand||321,575||94,194|||
||||||345,117||113.75'I|||
|Creditors:|amounts||falling due within|14||||||
|one year|||||25,014||21,296|||
|Net current|assets|||||320,103|||92,455|
|Total assets iess||current liabilities||||7,778,752|||7,680,936|
|The funds|ofthe|charily||||||||
|Unrestricted|funds|||||7,776,752|||7,680,938|
|||||||7,776,752|||7,680,936|
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|1|Accounting
policies||||||||||(Continued)|(Continued)|(Continued)|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|1.8|Tangible fixed assets|||||||||||||
||Depreciation
is provided
at the following|annual||rates
in order to write oifeach asset||||over its estimated||||useful||
||life.|||||||||||||
||Fixtures
and fittings|||253' On reduCing|balance|||||||||
|1.7|investments|||||||||||||
||investment
property,
whmh
is
property|held||to earn
rentals|and/or
for|capital||appreixaban,
is||||initially||
||recognised
at coat, which includes the purchase|||cost and any directly atlnbutabis|||eiipenditure.||||Subsequently|||
||it is measured
at fair value at the reporting
end date. The surplus
or deficit|||||an|revaluation|||is recognised|||in|
||profit or loss.|||||||||||||
|1.8|Fixed asset investments|||||||||||||
||Fixed asset investments
are
iniTially
measured|||at transaction|price
excluding||transaction||||coats, and||are|
||subsequently
measured
at fair value at each|||reporting
date.|Changes
in fair||value||are|recognised||in|net|
||income/(expenditure)
for the year, Transaction||costs are expensed
aa incurred.|||||||||||
|1.9|Cash at bank and in hend|||||||||||||
||Cash at bank and cash in hand includes
three months or less from the date afthe|cash and short term highly
liquid investmenls
acquisition
or opening
ofthe deposit or similar|||||||with a short maturity
account.||||of|
|1.10|Taxatian|||||||||||||
||The trust is not registered
for Value Added
Tax|||and accordingly,|any such irrecoverable||||tax|is|included|within||
||the expenditure
concerned.|||||||||||||
|1.11|Creditors
snd provisions|||||||||||||
||Creditors
and provisions are recognised|where|the charity has a||present
obligation
resulting|||||fram a psst||event||
||that will probably
result
in the transfer of|funds|la a third party and the amount|||due to||settle the|||obligafion||can|
||be measured
or estimated
reliably.
Creditors|||and
provisions|are
norrnagy|recognised
at their
setfiement||||||||
||amount afier allowing
for any trade discounts
due.|||||||||||||
|2|Donations
and legacies|||||||||||||
||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||2023|2022|
|||2|
|Donations|145,673|336,434|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|Rental received||285,327|207.819|
|Dividends|received|55,135|42,461|
|||340,462|250,280|
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|||||||C ha rite b le|Char ita b le|
|---|---|---|---|---|---|---|---|
|||||||activities|activities|
|||||||2023|2822|
|||||||5|5|
|Direct costs||||||||
|Depreciation||and|impairment|||2,915|1,527|
|Travelling|expenses||||||910|
|Rates and|water|||||2,777|1,412|
|Insure nos||||||7,464|7.877|
|Investment|property|||repairs||110,925|36,82B|
|||||||124,081|46,552|
|Grant funding||of activities (see nate|||5)|117,007|103,735|
|Share ofsupport|||and governance||costs lace note 5)|||
|Support||||||6,521|11,662|
|Governance||||||2,340|2,340|
|||||||249,949|168,289|
|Analysis
by||fund||||||
|Unrastncted||funds||||249,949|166,289|
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|||||||Charitable|Charitable|
|---|---|---|---|---|---|---|---|
|||||||activities|activities|
||British|||||2D23
f|2023f|
||Grants to|institutions.||||||
||The Lepcha Association|||||6,708|3,655|
||The|Assarxaba|for Cemetenes||n South Asia|20,000||
||Zane|||||30,400|I38,400|
||The Bath|Royal Lileracy 8Scientific Institution||||400|500|
||Pennines|yylldlife Rescue||||5,906|1,000|
||Royal Commonwealth||Ex-Services League|||30,MID|4,000|
||Northumbeilsnd
County Zoo||||||11,180|
||Srasov Romania
rural poverty|||relief||20,000|15,000|
||Other|||||3,593||
|||||||117,007|103,735|
|8|Support costs allocated to activiges|||||||
|||||||2D23|2022|
||professional
fees|||||6,521|11,662|
||Governance|costs||||2,340|2,340|
||||||||14,002|
||Analysed|between:||||||
||Chants hie|activities||||8,861|14,002|
|||||||2023|2022|
||Governance
costs comprise:||||||f|
||Audit fees|||||2,340|2,340|
|||||||2,340|2,340|
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|10|Tangible fixed asset|s||
|---|---|---|---|
||||Fixtures and|
||||fittinas|
||||5|
||Cost|||
||At 1 July 2022||26,672|
||Additions||11,453|
||At 30June 2023||36,125|
||Depreciation
and impairment|||
||At 1 July 2022
Depreciation
charged|ln lhe year|21,097
2,915|
||At 30June 2023||24,012|
||Carrying
amount|||
||At 30June 2023||14,113|
||At 30June 2022||5,575|
|11|Investment
property|||
||||2023|
||Fair value|||
||At 1 July 2022||6,226,005|
||Revaluabon||(204,836)|
||At 30June 2023||6,021,169|
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||||Listed|
|---|---|---|---|
||||investments|
||||E|
|Cost orvaluation||||
|At 1 July 2022|||1,356,901|
|Valuation
changes|||64,466|
|At 30 June 2023|||1,421,367|
|Carrying
amount||||
|At 30June 2023|||1,421,367|
|At 30June 2022|||1,358,901|
|Fixed asset investments|revalued|||
|There were no investment|assets outside Ihe LIK.|||
|Debtors||||
|||2023|2022|
|Amounts
falling due within one year:||E|f|
|Other debtors||20,241|17,918|
|Pre payments
and accrued|income|3,301|1,839|
|||23,542|19,557|
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|14|Creditors: amounts|falling due within one year|||
|---|---|---|---|---|
||||2823|2822|
||||E||
||Other creditors||22,674|18,956|
||Accruais and deferred|income|2,340|2,340|
||||25,014|21,296|
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