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2021-04-30-accounts

Page
Report of theTrusteesfortheyear ended 30thApril2021 2
Reference andAdministration Details 8
IndependentAuditor's Report 12
SOFA, Balance Sheetand Statementof Cash Flows 15
Notes onthe accounts 18

2020/21 2019/20
Fee Income growth 7.9% 7.8%
Debtor's days outstanding 20 days 18 days

21/01/22

Unrestricted
funds Restricted funds Total 2021 Total 2020
Note £ £ £ £
Income from:
Donations and grants 2 503,349 509,557 1,012,906 614,241
Charitable activities 3 24,189,719 24,189,719 22,443,879
Othertrading a ctivities 4 74,412 74,412 102,639
Investment income 5 2,231 2,231 23,780
Total income 24,769,711 509,557 25,279,268 23,184,539
Expenditure on:
Cost of raising funds 185,972 185,972 205,085
Expe nditu re on
charitable actvities 6 22,324,365 545,770 22,870,135 21,709,820
Total Resources
Expended 22,510,337 545,770 23,056,107 21,914,905
Net incoming before
transfers 2,259,374 (36,213) 2,223,161 1,269,634
Gross transfer
between funds 20
Net incoming (outgoing)
resources before other
losses and gains 2,259,374 (36,213) 2,223,161 1,269,634
Other comprehensive
income
Actuarial gain/ (loss) 24 1,397,000 1,397,000 (1,214,000)
Net movement of funds 3,656,374 (36,213) 3,620,161 55,634
Fund Balances Brought
Forward 1st May 2020 20 21,633,575 68,325 21,701,900 21,646,266
Balances carried forward
at 30th April 2021 20 25,289,949 32,112 25,322,061 21,701,900
Note 2021 2020
£ £ £ £
Fixed Assets
Tangible Fixed Assets 15 19,236,465 19,515,243
Current Assets
Debtors 16 2,499,982 2,097,512
Cashatbankandinhand 7,979,808 5,544,972
10,479,790 7,642,484
Creditors
Amounts falling due within one year 17 (2,961,268) (2,420,994)
NET CURRENT ASSETS 7,518,522 5,221,490
TOTAL ASSETS LESS CURRENT LIABILITIES 26,754,987 24,736,733
Creditors
Amounts falling due after morethan one year 19 (1,432,926) (1,511,833)
Net Assets excluding pension liability 25,322,061 23,224,900
Pension asset/ (liability) 24 (1,523,000)
NET ASSETS INCLUDING PENSION LIABILITY 25,322,061 21,701,900
The funds of the charity:
Unrestricted funds:
Generalfunds 20 25,289,949 23,156,575
Pension Reserve 20 (1,523,000)
25,289,949 21,633,575
Restricted funds: 20 32,112 68,325
TOTAL FUNDS 25,322,061 21,701,900
2021 2020
Note: £ £
22 2,925,825 3,200,567
(460,357) (1,866,070)
o o
2,230 23,780
(458,127) (1,842,290)
(32,862) (144,651)
(32,862) (144,651)
2,434,836 1,213,626
5,544,972 4,331,346
7,979,808 5,544,972

AssetCategory Annual rate
Freehold land and buildings 2%
Lodges 4%
Furniture,fixtures 10%
Equipment 20%
Computer equipment 33%
Motor vehicles 25%

2021 Total 2020Total
£ £
Donations andgifts 12,295 6,545
Grants 509,557 607,696
Covid-19Grants 491,054 o
1,012,906 614,241
2021 Total 2020Total
£ £
Feesforthesupply ofservices 24,088,369 22,323,284
Other incomefrom charitableactivities 101,350 120,595
24,189,719 22,443,879
Note 4 Income from other trading activities - unrestricted
2021 Total 2020Total
£ £
Fundraising 40,157 69,755
Refreshmentincome 34,255 32,884
74,412 102,639
Note 5 Investment income - unrestricted
2021 Total 2020Total
£ £
Interestfrom depositaccounts 2,231 23,780
223l 23,780
Note 6 Analysis of expenditure on charitable activities Note 6 Analysis of expenditure on charitable activities
Adult Children
Services Services 2021 Total 2020 Total
£ £ £ £
Staffing costs 10,824,764 6,142,942 16,967,706 15,959,619
Supplies and services 421,856 324,448 746,304 722,544
Premises costs 497,766 297,719 795,485 763,848
Transport Costs 437,807 362,462 800,269 971,165
Administration 258,581 212,555 471,136 392,136
Bank Loan Interest 2,476 19,057 21,533 30,328
De preciation 363,882 333,013 696,895 623,998
Loss on sale of asset
Governance costs 85,290 54,529 139,819 144,270
Support costs 1,360,903 870,085 2,230,988 2,101,912
14,253,325 8,616,810 22,870,135 21,709,820

Adult Children
Services Services 2021 Total 2020 Total
£ £ £ £
Costs (14,253,325) (8,616,810) (22,870,135) (21,709,820)
Fees forthe supply of services 15,170,049 8,918,320 24,088,369 22,323,284
Net cost funded from other income 916,724 301,510 1,218,234 613,464
**Note 8 Analysis of governance ** and support costs - 2021 and support costs - 2021
General Basis of
Support Governance 2021 Total apportionment
£ £ £ £
Staffing costs 1,199,945 91,988 1,291,933 Fee income
Supplies and services 499,611 3,581 503,192 Fee income
Premises costs 277,828 29,508 307,336 Fee income
Administration 123,366 10,985 134,351 Fee income
Auditfees 21,222 2,358 23,580 Fee income
Lega I and other
professional fees 48,960 48,960 Fee income
Depreciation 36,055 1,399 37,454 Fee income
Pension finance cost 24,000 24,000 Fee income
Total 2,230,987 139,819 2,370,806
**Note 8 Analysis of governance ** and support costs - 2020 and support costs - 2020
General Basis of
Support Governance 2020 Total apportionment
£ £ £ £
Staffing costs 1,268,081 85,198 1,353,279 Fee income
Supplies and services 370,204 4,018 374,222 Fee income
Premises costs 206,418 21,738 228,156 Fee income
Administration 183,528 9,576 193,104 Fee income
Auditfees 20,380 20,380 Fee income
Legal and other
professional fees 34,932 1,662 36,594 Fee income
Depreciation 28,224 1,699 29,923 Fee income
Pe ns ion finan ce cost 11,000 11,000 Fee income
(Profit) on disposal ofasset (475) (475) Fee income
Total 2,101,912 144,271 2,246,183
2021 2020
£ £
Operating leases- equipment 488,060 536,321
Depreciation 739,135 655,069
Bank Interest payable 21,533 30,328
Auditors remuneration:
Auditfees 17,000 15,000
Accountancy servi ces
Loss on disposal offixed assets 200
2021 2020
£ £
Salaries andwages 16,139,999 15,257,648
SociaI security costs 1,277,977 1,163,248
Pension costs 579,951 656,393
FRS 102 pension adjustment (150,000) (237,000)
Redundancy 1,622 2,147
17,849,549 16,842,436
2021 2020
No. No.
£60,000 - £70,000 3 2
£70,000 -£80,000
£80,000 -£90,000 1 1
£90,000 -£100,000 1 1
5 4

follows:
2021 2020
Trading(Fundraising) 4 3
Maintenance and Domestic 25 23
Support Staff 43 42
Governance 1 1
Service Delivery 686 675
759 744

Furniture
Freehold land fixtures& Motor Assets under
and buildings equipment Computers Vehicles construction Total
£ £ £ £ £ £
Cost or Valuation
At1stMay2020 23,370,965 2,084,261 343,338 25,798,564
Additionsatcost 58,344 287,561 66,751 8,613 39,088 460,357
Disposals
Transfers
At 30th April 2021 23,429,309 2,371,822 410,089 8,613 39,088 26,258,921
Accumulated depreciation
At1stMay2020 4,699,842 1,306,680 276,799 6,283,321
Chargefortheyear 490,621 199,427 47,293 1,794 739,135
Disposals
At 30th April 2021 5,190,463 1,506,107 324,092 1,794 7,022,456
Net Book Value
At 30th April 2021 18,238,846 865,715 85,997 6,819 39,088 19,236,465
At 30th April 2020 18,671,123 777,581 66,539 19,515,243

Note 16
Debtors
2021 2020
£ £
Fees Receivable 1,355,112 1,116,486
Prepayments and accrued income 1,135,897 956,949
Other Debtors 8 973 24,077
2,499,982 2,097,512
Note 17 Creditors Amounts falling due within one year
2021 2020
£ £
Bank Loans 94,800 48,756
Sir Peter Vardy Foundation Loan 25,000 25,000
Fees received in advance 701,071 503,252
Trade creditors 909,121 1,138,952
Taxation and social security 370,632 346,633
Other creditors 52,891 49,754
Accrua Is 807,753 308,647
2,961,268 2,420,994
Note 18
Deferred Income
2021 2020
£ £
Balance as at 1st May 2020 503,252 870,345
Amount released to income earned earned from charitable
activities (503,252) (870,345)
Amount deferred in year 701,071 503,252
701,071 503,252
2021 2020
£ £
Bank Loans 1,454,809 1,462,672
Sir Peter Vardy Foundation Loan 97,917 122,917
Iess due within one year (119,800) (73,756)
1,432,926 1,511,833

**Analysis ** of movement in unrestricted funds of movement in unrestricted funds
Balance Funds
1 May 2020 Income Expenditure Actuarial Gain Transfers 30 April 2021
£ £ £ £ £ £
General Fund 23,156,575 24,769,711 ( 22,636,337 ) 25,289,949
Pension Reserve ( 1,523,000 ) 126,000 1,397,000
Total 21,633,575 24,769,711 (_22,510,337) 1,397,000 25,289,949
Analysis of movement in restricted funds
Balance Funds
1 May 2020 Income Expenditure Transfers 30 April 2021
£ £ £ £ £
Nationa I Foundation for Little Sparks 2,243 1,308 (3,551)
The Charles Sharland Trust 10,000 10,000
Post code Lottery 5,488 ( 5,488)
National Hertiage LotteryFund 947 26,320 ( 27,267)
BBCChildren in Need 5,505 16,502 ( 14,217) 7,790
Paul Hamlyn Foundation 8,334 (3,512) 4,822
Mercers Trust 8,000 30,000 (33,000) 5,000
Community Foundation 2,825 10,000 (12,825)
Nationa I LotteryCommunity Fund 5,790 18,587 (24,377)
Move on Tyne & Wear 82,740 (82,740)
Youth Futures Foundation 34,090 (34,090)
DSA 25,000 (25,000)
Good Things Foundation 3,630 (3,630)
County Durham Community Fund 8,889 (8,889)
Gateshead Council LA6 27,993 (27,993)
DurhamWorks 48,840 (48,840)
DWP 168,636 (168,636)
Other 19,193 7,022 (21,715) 4,500
Total 68,325 509,557 (545,770) o 32,112

Analysisofmovementin restrictedfunds
Balance Funds
1May 2019 Income Expenditure Transfers 30 April 2020
£ £ £ £ £
National Foundationfor LittleSparks 6,786 18,287 ( 22,830) 2,243
EFAassetfunding 9,057 (9,057 )
Durham CountyCouncil 6,667 10,000 (6,667 ) 10,000
Postcode Lottery 14,070 (8.582) 5,488
Northumbrian Water 5,000 (5,000 )
National Hertiage Lottery Fund 32,900 (31,953 ) 947
BC Children in Need 15,728 (10,223) 5,505
Paul Hamlyn Foundation 15,735 (7,401) 8,334
Mercers Trust 30,000 (22,000) 8,000
Persimmon CharitableTrust 5,000 (5,000)
Community Foundation 4,840 (2,015) 2,825
Garfield Weston Foundation 50,000 (50,000)
Beatrice LaingTrust 30,000 (30,000)
Wolfsen Foundation 60,000 (60,000)
Screfx Foundation 5,000 (5,000)
National Lottery Community Fund 9,920 (4,130) 5,790
Moveon Tyne&Wear 96,789 (96,789
Journey 2 Employment 12,035 (12,035)
Step Forward TeesValley 44,428 (44,428)
Virgin Money 46,081 (46,081)
Durham Works 47,850 (47,850)
DWP 65,182 (65,182)
Other 8,894 40,821 (30,522) 19,193
Total 83,374 607,696 (622,745) o 68,325

National Foundation for Little Sparks Earlyyearsfamily support atAycliffe
EFA asset funding Granttowards capital expenditure atcollege
Durham County Council Youth group atAycliffe
Post code Lottery Outdoor play equipment
Northumbrian Water Granttoward apple orchard at New Warlands Farm
National Heritage Lottery Fund Granttoward apple orchard at New Warlands Farm
BBC Children in Need Toddler groups atAycliffe and Stanley
Paul Hamlyn Foundation Ideas and Pioneers Fund forthinktank
MercersTrust Grantfor family development
Persimmon Charitable Trust Toddler groups
Community Foundation Grant towards youth groups
Garfield Weston Foundation Grant towards Aycliffe School extension
Beatrice Laing Trust Granttowards Aycliffe School extension
Wolfsen Foundation Granttowards Aycliffe School extension
Screfix Foundation GranttowardsTudor Grove School refurbishment
National Lottery Community Fund Granttowardsyouth groups
Move on Tyne & Wear ESF grant to deliver employer ability service
Journey 2 Employment Grantto deliver a pan disability employmentservice
Step Forward TeesValley ESF grantto deliver employer ability service
Virgin Money Grantto deliver employer ability service
Durham Works Grantto deliver employer ability service
DWP Grantto deliver employer ability service

**Note 21 Analysis of assets and liabilities ** between funds
Pension Restricted
General Fund Fund Funds Total
£ £ £ £
Fixed Assets 19,236,465 19,236,465
CurrentAssets 10,447,678 32,112 10,479,790
Creditor: amounts falling due within
one year (2,961,268) (2,961,268)
Creditor: amounts falling after more
than one year (1,432,926) (1,432,926)
Pension Asset
Total 25,289,949 32,112 25,322,061
Prior year
Pension Restricted
General Fund Fund Funds Total
£ £ £ £
Fixed Assets 19,515,243 19,515,243
CurrentAssets 7,574,159 68,325 7,642,484
Creditor: amounts falling due within
one year (2,420,994) (2,420,994)
Creditor: amounts falling after more
than one year (1,511,833) (1,511,833)
Pension Liability (1,523,000) (1,523,000)
Total 23,156,575 (1,523,000) 68,325 21,701,900

2021 2020
£ £
Netmovementinfunds 2,223,160 1,269,635
Add backdepreciation charge 739,135 655,070
Add back loss on disposal ofassets
Deductinterestincome shown in investing activities (2,230) (23,780)
(Increase) decrease in debtors (402,470) 1,500,628
Decrease in creditors 494,230 25,014
Company pension contributions (150,000) (237,000)
Pension scheme interestcost 201,000 298,000
Pension scheme interestreturn (177,000) (287,000)
Pension scheme pastservice cost
2,925,825 3,200,567

2021 2020
Operating Equipment £ £
Leases which expirewithin 1 year 470,245 433,690
Leases which expirewithin 2-5 years 555,484 844,645
2021 2020
Land and Buildings £ £
Leases which expirewithin 1 year 98,353 88,440
Leases which expirewithin 2-5 years 288,974 59,795
Leases which expireover 5 years 6,750 15,436

At At
30/04/2021 30/04/2020
Discount rate 1.9% 1.6%
Inflation assumption (RPI) 3.3% 2.5%
Inflation assumption (CPI) 2.6% 2.0%
Inflation linked pension increases:
Pension earned before 6/4/1997 (Teachers) 3.3% 2.5%
Pension earned between 6/4/1997 and 30/4/2005 3.3% 2.5%
Pens ion earned after 30/4/2005 2.5% 2.5%
Cash commutation 90% of maximum 90% of maximum
Assumed life expectancies on retirement at age 65 are: Assumed life expectancies on retirement at age 65 are: At At
30/04/2021 30/04/2020
Retiring today Males 20.2 20.1
Females 22.1 22.0
Retiring in 20 yea rs ti me Males 21.6 21.5
Females 23.7 23.6

The assets in the scheme were:
Value at Value at
30/04/2021 30/04/2020
£000's £000's
Equity 8,867 6,572
Bonds 3,782 4,121
Cash 391 446
Fair Va lue ofscheme assets 13,040 11,139
The actual return on assets over the period was: 2,007 (335)
Presentvalue of funded obligations (12,834) (12,662)
Fair value ofscheme assets 13,040 11,139
Surplus/ (deficit) in funded scheme 206 (1,523)
Presentvalue of unfunded obligations
Unrecognised actuarial gains (losses)
(Irrecoverable surplus) 206
Net assets/ (liability) in balance sheet (1,523)

**Reconcillation of opening and closing balances of the present value of the defined benefit ** **Reconcillation of opening and closing balances of the present value of the defined benefit ** obligation
30/04/2021 30/04/2020
£000s £000s
Benefitobiigation atbeginning ofyear 12,662 12,050
Currentservice cost
Interestcost 201 298
Contributions byscheme participants
Acturarial losses 227 592
Benefits paid (256) (278)
Pastservice cost
Liabi Iities atend ofperiod 12,834 12,662
Reconciliation of opening and closing balances of the fair value of scheme assets Reconciliation of opening and closing balances of the fair value of scheme assets
30/04/2021 30/04/2020
£000s £000s
Fair va Iue ofscheme assets atbeginning ofyear 11,139 11,515
Interestincome on scheme assets 177 287
Return on assets, excluding interestincome 1,830 (622)
Contributions byempioyers 150 237
Contributions byscheme participants
Benefits paid (256) (278)
Fairvalueofschemeassets atend ofyear 13,040 11,139
The amounts recognised in the statement of financial activities
30/04/2021 30/04/2020
£000s £000s
Service cost- including currentservice costs, pastservice
costand settlements
Service cost- administrative cost
Netinterestonthe netdefined benefitliability 24 11
Total creditedto netincoming resources 24 11
Remeasurements of the net defined benefit liability (asset) to be shown in OCI
30/04/2021 30/04/2020
£000s £000s
Acturarial (gain)/losses on the liabilities 227 592
Return on assets,excluding interestincome (1,830) 622
Change inthe amountofsurplusthatis notrecoverable,
excluding interestincome 206
Acturaria I (gain)/loss (1,397) 1,214

Sensitivity analysis
**Impact ** **on Plan ** Liabilities
30/04/2021 30/04/2020
£000s £000s
Discount rate- increase by 0.25% (539) (547)
Rate of inflation (RPI) - increase by 0.25% 216 203
Assumed life expectancy at age 65 - increases by 1 year 385 380
Estimation of next period's surplus or (deficit)
30/04/2021 30/04/2020
£000s £000s
Service cost- inel udi ng current service costs, past service
cost and settlements
Service cost- administrative cost
Net interest on the net defined benefit I ia bi lity (6) 23
Tota I credited to net incoming resources (6) 23

30/04/2021 30/04/2020
£ £
Contracted for, butnotprovided inthefinancial
statements

This pa8e is Intentionally left blank 37