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|||Page|
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|Legal and Administration
Information|||
|Report ofthe Trustees|for the year ended 30th April 2023||
|Statement ofTrustee's|responsibilities||
|Independent
Auditor's|Report|12|
|Statement offinancial|activities|15|
|Balance Sheet||16|
|Statement of Cash Flows||17|
|Notes to the financial|statements|18|
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|The society measures|a number of KPI's to measure|its performance.||
|---|---|---|---|
|||2022/2023|2021/22|
|Totallncome
growth||12.90/0|10.30/0|
|Debtor's days outstanding||30days|24 days|
|Reserves Policy||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2023|2022|
|||Note|||E|E|
|Income from:|||||||
|Donations
and grants|||23,266|820,291|843,557|917,088|
|Charitable
activities|||30,469,688||30,469,688|26,872,004|
|Other trading
activities|||120,029||120,029|114,056|
|Investment
income|||81,004||81,004|2,362|
|Total income|||30 693987|820291|31514278|27905510|
|Expenditure
on:|||||||
|Cost of raising funds|||178,310||178,310|175,361|
|Expenditure
on|||||||
|charitable
activities|||29,885,849|816,788|30,702,637|25,833,167|
|Total Resources Expended|||30064159|816788|30880 947|26008 528|
|Net incoming before transfers|||629,828|3,503|633,331|1,896,982|
|Gross transfer between|funds|20|||||
|Comprehensive
income|||629,828|3,503|633,331|1,896,982|
|Other comprehensive|income||||||
|Actuarial
gain / (loss)||24|(261,000)||(261,000)|(261,000)|
|Net movement
offunds|||368,828|3,503|372,331|1,635,982|
|Fund Balances Brought|||||||
|Forward 1"May 2022||20|26,890,353|67,690|26,958,043|25,322,061|
|Balances carried forward|||||||
|at 30'" April 2023||20|27259 181|71193|27 330374|26 958043|
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|Forthe year ended|30|th April 2023|||||
|---|---|---|---|---|---|---|
||||BALANCE SHEET||||
|||Note||2023||2022|
|Fixed Assets|||||||
|Tangible
Fixed Assets||15||22,167,731||21,655,126|
|Current Assets|||||||
|Debtors||16|4,139,508||3,011,631||
|Cash at bank and in hand|||5 257683||6 193914||
||||9,397,191||9,205,545||
|Creditors|||||||
|Amounts
falling due|||||||
|within one year|||4211 631||3854711||
|NET CURRENT ASSETS||||5,185,560||5,350,834|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||27,353,291||27,005,960|
|Creditors|||||||
|Amounts
falling due|||||||
|after more than one year||19||(22,917)||(47,917)|
|Net Assets excluding|pension asset / (liability)|||27,330,374||26,958,043|
|Pension asset / (liability)||24|||||
|NET ASSETS INCLUDING||PENSION ASSET/ (LIABILITY)||27330374||26958043|
|The funds ofthe charity:|||||||
|Unrestricted
funds:|||||||
|General funds||20||27,259,181||26,890,353|
|Pension
Reserve||20|||||
|||||27,259,181||26,890,353|
|Restricted funds:||20||71,193||67,690|
|TOTAL FUNDS||||27330374||26958043|
##
|Forthe y|ear ended 30th April 2|023|||||
|---|---|---|---|---|---|---|
||||STATEMENT OF CASH FLOWS||||
|||||2023||2022|
|||Note:|||||
|Cash used|in operating
activities|22||613,732||1,578,068|
|Purchase oftangible fixed assets|||(1,476,787)||(3,223,661)||
|interest income|||81004||2362||
|Cash (used|in) investing
activities||1395783|||3221299|
|Cash flows|in financing
activities||||||
|Repayment|of borrowing||154180||142 663||
|Cash used|in financing activities|||154180||142663|
|Decrease in cash in the year|||(936,231)|||(1,785,894)|
|Cash at the|beginning
ofthe year||6,193,914|||7,979,808|
|Total cash|at the end ofthe year||5|257683||6193914|
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|Asset Category|Asset Category|Annual rate|
|---|---|---|
|Freehold|buildings|2/o|
|Lodges||4G/o|
|Furniture|and fixtures|10o/|
|Equipment||20~/o|
|Computer|equipment|33~/a|
|Motor vehicles||25/o|
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||||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Totalf||Total|
|Fees for the supply||ofservices||||||30,352,513|||26,577,652|
|Other income from charitable||||activities|||||117175||294352|
|||||||||30469 688|||26872 004|
|Note 4Income from other trading activities - unrestricted||||||||||||
||||||||||2023||2022|
||||||||||Total||Total|
||||||||||f||f|
|Fundraising|||||||||84,305||76,563|
|Refreshment
income|||||||||35724||37493|
||||||||||120029||114056|
|Note 5Investment||Income - unrestricted||||||||||
||||||||||2023||2022|
||||||||||Totalf||Total
f|
|Interest from deposit accounts|||||||||81004||2 362|
||||||||||81004||~2362|
|Note 6Analysis of||expenditure||on charitable||activities||||||
||||||||Adult||Children|2023|2022|
||||||||Services||Services|Total|Total|
||||||||f||f|f|f|
|Staffing costs||||||12,997,131||8,440,034||21,437,164|19,026,097|
|Supplies and services|||||||782,488||647,073|1,429,561|873,145|
|Premises costs|||||||631,893||307,337|939,230|948,321|
|Transport costs|||||||426,730||393,714|820,444|1,030,474|
|Administration|||||||196,304||219,706|416,010|436,793|
|Bank loan interest|||||||||31,511|31,511|31,855|
|Depreciation|||||||307,682||568,165|875,847|752,376|
|Governance
costs|||||||213,256||137,227|350,483|259,897|
|Support costs||||||2|665 325|1|737D63|44D2387|2 474 209|
|||||||18|220 807|12|481830|90702637|25833167|
|Expenditure
on charitable|||activities was||f30,702,637(2022:f25,833,167)ofwhich f29,885,849 (2022:||||||f25,137,609)|
|was unrestricted|and f816,788|||(2022:f695,558)was restricted.||||||||
|Staff costs include|agency||staff|off1,085,649 (2022:f720,338)excluded||||from note 10||||
|Note 7Summary|analysis||ofexpenditure||and|related income for charitable|||activities|||
||||||||Adult||Children|2023|2022|
||||||||Services||Services|Total|Total|
||||||||f||f|f|f|
|Costs||||||(18,220,807)||(12,481,830)||(30,702,637)|(25,833,167)|
|Fees for the supply||ofservices||||18|262 376|12|D90 137|3D352513|26586 575|
|Net (cost) / surplus||funded|from other income||||4~1569||391693|~350124|753 408|
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||||General||2023|Basis of|
|---|---|---|---|---|---|---|
||||Support|Governance|Total|apportionment|
||||E||E||
|Staffing costs|||2,250,944|140,602|2,391,546|Fee income|
|Supplies and services|||709,022|62,255|771,277|Fee income|
|Premises costs|||743,270|42,710|785,980|Fee income|
|Transport|||108,897|5,363|114,260|Fee Income|
|Administration|||455,519|35,689|491,208|Fee income|
|Legal and other professional|fees||83,526|58,749|142,275|Fee income|
|Depreciation|||86,934|5,115|92,049|Fee income|
|Pension finance cost|||3 DDD||3000||
|Total|||4441 112|350483|4791595||
|Note 8Analysis ofgovernance||and support|costs - 2022||||
||||General||2022|Basis of|
||||Support|Governance|Total|apportionment|
|||||E|E||
|Staffing costs|||1,348,253|125,653|1,473,906|Fee income|
|Supplies and services|||598,203|45,621|643,824|Fee income|
|Premises costs|||212,631|30,518|243,149|Fee income|
|Transport|||17,421|1,381|18,802|Fee Income|
|Administration|||135,406|9,608|145,014|Fee income|
|Legal and other professional|fees||120,148|45,116|165,264|Fee income|
|Depreciation|||45,147|2,000|47,147|Fee income|
|Pension finance cost|||~3000||L33000|Fee income|
|Total|||2474 209|259897|2734106||
|Note 9N|et income for|the year isstated after charging:|||
|---|---|---|---|---|
||||2023|2022|
||||E|E|
|Operating|leases - equipment||433,503|697,652|
|Depreciation|||964,183|805,076|
|Bank Interest payable||||31,855|
|Auditors'|remuneration|-Audit fees|26,400|22,800|
||2023|2022|
|---|---|---|
|||E|
|Salaries and wages|20,425,951|17,899,250|
|Social security costs|1,710,773|1,405,600|
|Pension costs|473 74D|384488|
||22 610464|19689338|
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|||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||No.||No.|
|f60,000 - f70,000||||||||3||1|
|f70,000 -f80,000||||||||1||1|
|f80,000-f90,000
f90,000 —f100,000||||||||||1|
|f100,000 -f110,000|||||||||||
|f110,000 - f120,000||||||||1|||
|||||||||6|||
|Pension costs in respect ofthese||employees|||aref27,161(2022:f26,426).||||||
|The key management|personnel|of|the charity, comprise|||the Trustees, the Chief Executive,|||||
|Head ofCare Services|and Director||of Education. The total employee
benefits|||||ofthe key management|||
|personnel
were f286,215(2022:f273,432).|||||||||||
|The charity purchased
Professional
in total f2,011(2022:f2,250).This|||indemnity
insurance||Insurance
including
excludes any claim||cover for the Trustees costing
arising from any wrongful
act.||||
|Note 11Staff numbers|||||||||||
|The average number ofpersons employed||||by the charity||during the year was||as follows:|||
|||||||||2022||2022|
|||||||||No.||No.|
|Adult services||||||||453||447|
|Children
services||||||||381||347|
|Support services||||||||40||25|
|Governance||||||||2||1|
|||||||||876||820|
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|Note 15Tangible|Fixed As|sets|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Freehold|Furniture|||||||
||||land|Fixtures|||Assets||||
||||and|and||Mot.or|under||||
||||Buildings|Equipment|Computers|Vehicles|Construction||Total||
||||f|f|f|||||f|
|Cost|||||||||||
|At 1st May 2022||25,656,431||3,025,634|737,598|8,613|54,306||29,482,582||
|Additions at cost|||173,367|593,690|119,198||590,532||1,476,787||
|Transfers|||551,343||93,495||(644,838)||||
|Disposal|||||||||||
|At 30th April 2023||26|381 141|3619324|950291|8613|||30959369||
|Accumulated
depreciation|||||||||||
|At 1st May 2022||5,689,891||1,729,430|404,187|3,947|||7,827,455||
|Charge forthe year|||500,802|296,841|164,386|2,154|||964,183||
|Disposal|||||||||||
|At 30th April 2023||6|190693|2026271|568573|6101|||8791|638|
|Net BookValue|||||||||||
|At 30th April 2023||20190448||1593053|381718|2512|||22 167731||
|At 30th April 2022||19966540||1296203|333411|4666|54306||21655|126|
|Note 16 Debtors|||||||||||
|||||||2023|||2022||
|||||||f|||||
|Fees Receivable|||||2,464,530||1,769,645||||
|Prepayments
and|accrued income||||1,668,958||1,208,520||||
|Other Debtors||||||6020|||33466||
||||||4139508||3|011631|||
|Note 17 Creditors Amounts||falling|due within|one year|||||||
|||||||2023|||2022||
||||note|||f|||||
|Bank Loans|||||1,207,967||1,337,146||||
|Sir Peter Vardy Foundation||Loan||||25,000|||25,000||
|Deferred income|||18||401,037||||194,198||
|Trade creditors|||||1,329,186||1,160,084||||
|Taxation and social security|||||588,713|||476,423|||
|Other creditors||||||973|||108,846||
|Accruals|||||658 755|||553014|||
||||||4211631||3||854 711||
|Note 18 Deferred|Income||||||||||
|||||||2023
f|||2022f||
|Balance as at 1st May 2022|||||194,198|||701,071|||
|Amount
released|to income|earned|||||||||
|from charitable
activities|||||(194,198)||(701,071)||||
|Amount
deferred|in year||||401037|||194198|||
||||||401037|||194198|||
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|||||||2023
f||||||2022f|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Bank Loans||||||1,207,967||||||1,337,146|
|Sir Peter Vardy Foundation
Loan||||||47917||||||72917|
|Total indebtedness||||||1,255,884||||||1,410,063|
|less due within one year||||||~1232967|||||~1362 146||
|Due in more than one year||||||22 917||||||47917|
|A bank loan due off1,207,967relates to a Barclay's||||facility secured on various properties|||||including|||New Warla|
|and the "Aycliffe Centre".
The loan||had a final balloon
payment|||due on 24'" January|||2023. In||December 2022|||
|was refinanced
with the term ofthree years, instalments
are circa|||||f14,300per month|||including||interest with a s|||
|repayment
in January 2026. Interest||due is 1.90M above the bank's||||base rate and with the increase
in base r|||||||
|last year the amount ofinstalments||have increased||accordingly.|||||||||
|In June 2023 the charity received
a|waiver from the|||bank for having||failed one ofthe covenants|||||ofthe new lo||
|high levels ofcapital spend
in the year 2021-2022|||and the bank were|||aware ofthe results|||prior|to||refinancing.|
|as this waiver was not received
until subsequent||||to the year end,||the breach|was|effective|||as|at the year|
|therefore
was technically
repayable||on demand|as at 30 April 2023. Therefore||||the|full|amount|||of the loan|
|included
within creditors falling due||within one year.|||||||||||
|In April 2015 a f200,000 interest|free ten-year||loan was received|||from the Sir Peter|||Vardy||Foundation,
th||
|repayable
from 2017to 2025.|||||||||||||
|Note 20Analysis ofcharitable
funds|||||||||||||
|Analysis ofmovement
in unrestricted||funds - 2023|||||||||||
|||||||Actuarial||||||Funds|
|1"May||Income||Expenditure||Gain /(loss)||Transfers||||30~April|
|2022f||f||||f||||||2023
f|
|General
Fund
26,890,353||30,693,987||(30,064,159)||(261,000)||||||27,259,181|
|Pension Reserve||||261000||261000|||||||
|Total
26890353||30693987||3032515||||||||27259 1 1|
|Unrestricted
funds off27,259,181include tangible|||fixed assets of||f22,167,731and a loan||||balance|||off1,255,88|
|which relates to funding for fixed asset purchases|||and improvements.||||||||||
|Analysis ofmovement
in unrestricted||funds -2022|||||||||||
|||||||Actuarial||||||Funds|
|1*'May||Income||Expenditure||Gain /(loss)||Transfers||||30+April|
|2021||||||||||||2022|
|||f||f||||||||f|
|General
Fund
25,278,983||27,185,340||(25,312,970)||(261,000)||||||26,890,353|
|Pension Reserve||||261000||261000|||||||
|Total
25278983||27 185340||25573970||||||||26890353|
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|Analysis of movement
in rest|ricted|funds - 20|22||||
|---|---|---|---|---|---|---|
|||||||Funds|
|||1"May|Income|Expenditure|Transfers|30'"April|
|||2021f||f||2022|
|Depart of Ed - Post 16sGrant||10,966|8,922|(8,920)||10,968|
|The Charles Sharland
Trust||10,000||||10,000|
|BBCChildren
in Need||7,790|40,614|(48,404)|||
|Paul Hamlyn
Foundation||4,822||( 4,822)|||
|Mercers Trust||5,000|30,000|(27,500)||7,500|
|Move on Tyne &Wear|||83,942|(83,942)|||
|Youth Futures
Foundation|||130,116|(130,116)|||
|Sunderland
Council
LA6|||2,840|(2,840)|||
|Gateshead
Council
LA6|||7,989|(7,489)|||
|ESF - DWP PMP South ofTyne|||61,146|(61,146)|||
|ESF - DWP PMP Durham|||121,648|(121,648)|||
|Diversity Project —DWP|||62,445|(62,445)|||
|Diversity Project - North ofTyne|||||||
|Combined
Authority|||68,441|(68,441)|||
|Garfield Weston|||30,000|(30,000)|||
|Good Things Foundation|||12,275|(12,275)|||
|Darlington
Building Society|||15,000|||15,000|
|SirJames Knott Trust|||6,000|(6,000)|||
|SirJohn Priestman
Charitable|Trust||5,000|(5,000)|||
|Tesco Little Helps / Groundworks|||5,000|||5,000|
|Other||4 500|28 792|14070||19222|
|Total||43078|720 170|695558||67690|
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|Name ofrestricted
fund|||||||
|---|---|---|---|---|---|---|
|Dept of Education
Post 16s||Grant||Post 16s Education|||
|The Charles Sharland
Trust||||Outdoor
play equipment|||
|Mercers Trust||||Grant for family development|||
|Darlington
Building Society||||Outdoor
play equipment|||
|Tesco Little Helps / Groundworks||||Family development
youth group|||
|Move on Tyne &Wear||||ESFgrant to deliver employer
ability service|||
|Youth Futures Foundation||||Grant to deliver employer|ability service||
|Diversity Project - DWP||||Grant to deliver employer|ability service||
|Diversity Project
—North of||Tyne|||||
|Combined
Authority||||Grant to deliver employer|ability service||
|NWLWP —North ofTyne Combined|||||||
|Authority —NWF phase 1||||NWF Phase 1—Planning|and Demolition|works|
|Dept of Education||||Grants for Post 16sand small Capital works|||
|BBCChildren
in Need||||Science Life Centre and Curiosity Projects|||
|North Tyneside Voluntary|VODA|||Grant for Voluntary
VODA|||
|Northumberland,
Tyne||and|Wear||||
|Community
Foundation||||Autism Activists Group|||
|Greater Aycliffe &Middridge|||||||
|Partnership||||Grant for Education
projects|||
|||||Family development
youth group|||
|BBCChildren
in Need||||Outdoor
play equipment|||
|Paul Hamlyn
Foundation||||Ideas and Pioneers
Fund|for Think Tank||
|Community
Foundation||||Grant towards
youth groups|||
|National
Lottery Community||Fund||Grant towards youth groups|||
|Sunderland
Council
LA6||||Grant to deliver employer|ability service||
|Gateshead
Council
LA6||||Grant to deliver employer|ability service||
|ESF —DWP PMP South ofTyne||||Grant to deliver employer|ability service||
|ESF - DWP PMP Durham||||Grant to deliver employer|ability service||
|Garfield Weston||||Grant for capital costs to|Kiora Hall||
|Good Things Foundation||||Grant to deliver employer|ability service||
|SirJames Knott Trust||||Grant for capital costs to|Kiora Hall||
|SirJohn Priestman
Charitable||Trust||Grant for capital costs to|Kiora Hall||
##
##
##
##
|||||||||General|General|Pension|Restricted||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Fund||Fund|Funds|Total|
||||||||||f.|||f|
|Fixed Assets||||||||21,167,731||||21,167,731|
|C
urrent Assets||||||||9,325,997|||71,193|9,397,191|
|Creditor: amounts|falling|||due|||||||||
|within one year||||||||(4,211,630)||||(4,211,630)|
|Creditor: amounts|falling|||due|||||||||
|after more than one||year||||||(22,917)||||(22,917)|
|Pension Asset|||||||||||||
|Total||||||||27259181|||71193|27330374|
|Prior year|||||||||||||
|||||||||General||Pension|Restricted||
|||||||||Fund||Fund|Funds|Total|
||||||||||f||f|f|
|Fixed Assets||||||||21,655,126||||21,655,126|
|Current Assets||||||||9,137,855|||67,690|9,205,545|
|Creditor: amounts|falling|||due|||||||||
|within one year||||||||(3,854,711)||||(3,854,711)|
|Creditor: amounts|falling|||due|||||||||
|after more than one||year||||||47|917|||47 917)|
|Total||||||||26890353|||67690|26958043|
|Note 22 Reconciliation|||ofsurplus|||income|to net cash|inflow from operating|||activities||
|||||||||||2023||2022|
||||||||||||f|f|
|Net Comprehensive|Income|||||||||633,331||1,896,982|
|Add back depreciation||charge||||||||964,183||805,499|
|Deduct interest income|||shown||in|investing|activities|||(81,004)||(2,362)|
|(Increase) / Decrease||in|Debtors|||||||(1,127,877)||(511,649)|
|Increase /(Decrease)||in|Creditors|||||||486,099||(348,903)|
|Company
pension|contributions|||||||||(258,000)||(258,000)|
|Pension scheme interest|||cost|||||||375,000||245,000|
|Pension Scheme interest||||return||||||~378 000||~248 000|
|||||||||||Ji13732||~157
68|
##
||2023|2022f|
|---|---|---|
|Operating
Equipment|||
|Leases which expire within 1year|196,374|433,503|
|Leases which expire within 2-5years|102452|121381|
||2023|2022|
||f|f|
|Land and Buildings|||
|Leases which expire within 1year|154,791|117,482|
|Leases which expire within 2-5years|183,749|189,373|
|Leases which expire over 5years|367 333||
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|The major assumptions|The major assumptions|used by the actuary were (in nominal|used by the actuary were (in nominal|used by the actuary were (in nominal|terms) as follows:||
|---|---|---|---|---|---|---|
||||||At|At|
||||||30/04/2023|30/04/2022|
|Discount|rate||||4.90%|3 000/0|
|Inflation|assumption
(RPI)||||320%|3.60%|
|Inflation|assumption
(CPI)||||250%|2 90%|
|Inflation|linked pension increases:||||||
|Pension|earned before 6/4/1997 (Teachers)||||3.20%|3.600/0|
|Pension|earned between|6/4/1997 and 30/4/2005|||3.20%|3 60%|
|Pension|earned after 30/4/2005||||2.50%|2.50%|
|Cash commutation|||||90%of maximum|90%of maximum|
|Assumed|life expectancies||on retirement|at age 65are:|||
||||||At|At|
||||||30/04/2023|30/04/2022|
|Retiring|today —Males||||20.5|20.3|
|Retiring|today —Females||||22.9|22.2|
|Retiring|in 20years time|—Males|||21.8|21.7|
|Retiring|in 20years time|- Females|||24.4|23.8|
|The assets in the scheme||were:|||||
||||||Value at|Value at|
||||||30/04/2023|30/04/2022|
||||||f000's|f000's|
|Equity|||||2,838|8,593|
|Bonds|||||8,447|3,673|
|Cash|||||315|364|
|Fair Value ofscheme assets|||||11600|12630|
|The actual return
on assets|||over the period was:||996|390|
|Present value offunded
obligations|||||(8,655)|(11,154)|
|Fair value ofscheme assets|||||11600|12630|
|Surplus/|(deficit) in funded||scheme||2 945|1476|
|Present value of unfunded||obligations|||||
|Unrecognised
actuarial
gains (losses)|||||||
|(Irrecoverable
surplus)|||||2 945|1476|
|Net assets / (liability)
in||balance sheet|||||
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|Forthe year en|Forthe year en|ded 30th April 2023|ded 30th April 2023|ded 30th April 2023|ded 30th April 2023|ded 30th April 2023|ded 30th April 2023||
|---|---|---|---|---|---|---|---|---|
|Reconciliation
of||opening and closing balances ofthe present value ofthe defined||||||benefit obligation|
||||||||30/04/2023|30/04/2022|
||||||||f000's|f000's|
|Benefit obligation||at|y
beginning
of ear||||11,154|12,834|
|Current service cost|||||||||
|Interest cost|||||||331|241|
|Contributions
by||plan|participants||||||
|Actuarial
(gains) /||losses|||||(2,538)|(1,643)|
|Benefits paid|||||||(292)|(278)|
|Past service cost|||||||||
|Settlements|||||||||
|Curtailments|||||||||
|Business combinations|||||||||
|Exchange rate|||||||||
|Benefit obligation||at|end ofyear||||8655|~11154|
|Reconciliation
of||opening and closing balances ofthe fair value|||||ofscheme assets||
||||||||30/04/2022|30/04/2021|
||||||||f000's|f000's|
|Fair value ofplan||assets at beginning|||ofyear||12,630|13,040|
|Interest income on plan assets|||||||378|248|
|Return on assets,||excluding||interest income|||(1,374)|(638)|
|y
Contributions
b|p
em||y
lo ers||||258|258|
|Contributions
by|plan||participants||||||
|Benefits paid|||||||(292)|(278)|
|Plan administrative||cost|||||||
|Business combinations|||||||||
|Settlements|||||||||
|Exchange rate|||||||||
|Fair value of Plan||assets at||end ofyear|||11600|12.630|
|The amounts
recognised
in||||the statement||offinancial activities|||
||||||||30/04/2023|30/04/2022|
||||||||f000's|f000's|
|Service cost - including|||current 8 past||service costs, settlements||||
|Service cost —administrative
cost
Net interest on the net defined benefit liability
Total credited to net incoming resources|||||||~3
~3||
|Remeasurements||ofthe net defined benefit liability (asset) to be shown
in OCI|||||||
||||||||30/04/2023|30/04/2022|
||||||||f000's|f000's|
|A
ctuarial (gain)/losses|||on the liabilities||||(2,538)|(1,643)|
|Return on assets,|excluding|||interest income|||1,374|638|
|Change
in the amount|||ofsurplus that||is not|recoverable,|||
|excluding interest||income|||||~1425|~1266|
|Total remeasurement|||ofthe net defined benefit liability (asset)||||||
|to interest income|||||||261|261|
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|NORTH EASTAUTISM SOCIETY
NOTES TO THE ACCOUNTS
Forthe year ended 30th April 2023|||
|---|---|---|
|Sensitivity
analysis|||
||Impact on Plan|Liabilities|
||30/04/2023|30/04/2022|
||f000's|f000's|
|Discount rate - increase by 0.25%|(272)|(422)|
|Rate ofinflation
(RPI) - increase by 0.25%|177|178|
|Assumed
life expectancy at age 65|||
|-increase by 1year|260|335|
|Please note that extrapolation ofthe sensitivity|analysis beyond the ranges shown may|not be appropriate.|
|Estimation ofnext period's surplus or (deficit)|||
||30/04/2023||
||EOOO's||
|Service cost —including
current service costs,|||
|past service, cost and settlements|||
|Service cost - administrative
cost
Net interest on the net defined benefit liability
Total credited to net incoming
resources|~6
~6||
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||||At|At|
|---|---|---|---|---|
||||30/04/2023|30/04/2022|
||||f000's|f000's|
|Contracted|for, but not provided|for|||
|in the financial statements||||1540|
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