Registered Company No. 2846784 Registered Charity No. 1040208 Haven Tyneside Ltd (by guarantee) Financial Statements for the year ended 31 March 2022 H*ven TyBeside IAd (by ￿arantee) Finallciat Statements for the year ended 31 March 2022 Colltellts Lyl and Adminisllalive knformati( S(alcment of FinttnciJl Activily Cash Flnw Statement io Notes 12 InderKndent Auditotrs tiey 18 Haven TyHeside IAd (by guarxmtee) ILgal and Administralive Inforniation 2846784 Charity Numlxr 1040208 H.M.Kay l Mackintosh N Shukla PJRi¢ S. Canneil ILHewitson S.F.. TnKman Sccrelary Rcgistvred oifjce I l Re8¢ni Terrxe I'yiK and WL¥r NE8 ILU BAr¢tsys Bank pk 6 MaTk¢t Place DH13ND AuditOTS A7As Audit Service. 32 FI￿1k1¢Y Way Ble7Ard Business Park seat￿ Burn NE13 6DS Hxven Tyueside Ltd (by gu•rawtee) Trvstets. Annu21 Report (Incorporating the Directors, Report) for Ihe year t•ded 31 Mxr¢h 2022 Ch8rit*bleobietts in a fiveytsrsti*wc p]ao. limitr4J toan amouDt n￿eXCe￿I￿ £1. follows.. IIMKay D Cff¢igkn Rui8r*d 13•Juty 2021 l Mxkint(oh N Shuklo PJRic¢ C M Illwtt RC￿&￿t41 ffl.IY42021 J W Lrllle Ittt￿￿ 19.072022 R Hewilson S I I'nKm Howevu th¢ thy ￿ day £5 del¢g&cd to the CThi¢f OITXXT. B Thc {whoLYe thc dir&*w5 0[Hav￿ ljd r(*thc lawl c(th th•t thcy hve mplirJ with the rquirth*nt to have ¢JJc ryd th¢ public ixllcfii i*w>lby thc Qarity C￿1)MIsSIOn th￿r￿4¥S ¥wJ dth in retst1￿ lo thcxEt¥itiL4 ofthe cknity dUrll￿ they¢*. Haveu TyDeside Ltd (by gur*ntee) Trustees. Annnal Report (IDcorporating the Direetors. Report) for Ihe year e•dfd 31 March 2022 (cAMtinucd) and bWinB *ills £mpknyttt•l po eMer￿¢Y aEency a4ff with tt* ttlcvani exwien¢t TWLMthI be Iwht irL A detsikd fmonc¢ m&mAt ha5 bcu wodw4J rwxivin8 fi￿1 5UE4xKL andexp￿lI￿ft ofthc thitabk ¢(An￿Y fw th&t observe the m41￿J5 aDd ￿ in th¢ (kntti"ts ￿RP2019 ffRS 102). Haven Ty￿K1¢ iAd Iby guarantee) Trnstxg, Annu21 Report (Incorporaling the Directors, Report) for the year ended 31 Mxreh 2022 (eomtinued) Review of Ill**•¢es Ilousing IDctsrD¢ Voids werc 8Ak o¥tt Howiog Fxtthdttiwe. yi¥IT8oin8 ￿ lim U# ojf •Mets ltlivilits is Such thwt by thc b¢w*rcd thi5 AS %hrJwn &% • Gotcsh& llo￿l￿g ￿y. Haven Tywide Ltd (by gwar4ntee) Trustees, Annual Report (IDcoryorating tbe Directors, Report) for the ye*r tAded 31 March 2022 (toxtinyed) %sociatioo Ltd ￿doW￿l fi¥e t*l4Krti¢s with a of 11 itsown Fi* is wtyv¥J¢d by rrtewK8of City In Hav￿ Iwsei¥ht n￿ag¢￿ frt Ststh14(wsin8 Awiati(ffj ljd in ¢￿*She￿I Ind & thtthersix F*ds Stothm Howlry AM•ttstlo• Ll•lttd Co•ndl Northumbrii C•mry4ulty R¢habllit*tsJm C•ThpAlly r kAVC tskco All thc 4LV5 th¥ knasdircC￿ io nJaktwrwJwty¥TJMr ofany I l Regen¢ T¢rrn¢¢ CTateshe4d Tync8nd Wor NE8 ILU Haven Tytteside Lld (by guarantee) Stste￿ellt of Financisil A¢livitK4 for the year e￿d 31 Marek 2022 r•nd {Gewr* Tot•1 Tot81 Ineome fro• 3.680 1.150,760 427 Charitable aclivilies Invesknients 1209.808 48 1209.808 48 Total I￿0￿C I9.756￿19 756 1. 154 867 Re#o•r¢u expended Charitshle ￿¥V￿lIeS 1.11&616 1.11&616 1.085.879 1 118.616 1,118.616 1,085.879 Nel inco•iDyJ(o•tzoi*g) rw•Tt ror the y￿r 101.140 101,140 68,9¥8 Brought f(Thard at l Awil 2021 1.159.125 1,159J25 I,OfX)J37 Carrtd forward at 31 M￿h 2022 1260,465 1.260,465 1.159,325 All income and cxFnditiur thrives from Ccmrtinuing activiti¢& Haven Tynaide Ltd {by guaraAtee) Balance Sheet as at 31 March 2022 2022 2021 Empknymemt of upit*l Fiied 'I'angible &wets 260,945 288.773 Debior Cash at bwjk and in hand 49J27 991.444 1,040,771 29946 868J34 80 CTedllor&' 41251 27.728 year earyent 99)320 870.552 1,159,325 HaveD TyDeside Lld (by g•xrnAteg) Ba￿*￿te Sheet xs at 31 Martk 2022 (continued) Notes 2021 Cyeneral F*#d 12 1260.465 J,159,325 1260,465 159,325 I14￿blIC of Irelatd.. IITe $L DIr￿tor Hav¢rn Tynuide Ltd (by guar*Dlee) C&8h *low Slatement for the yetr uded 31 March 2022 0￿ing PTofrt for the fllwi¢iai y¢aT Adjustmcnts for D¢preciation of Pro￿ty, pkni equipment Intcr receival Profitl(loss) on disFK)5al w￿rtY. plani and wuipment t)LYre&s&(increw) in Ilade arml other ffe¢¢iv8bles Incre4seMdeerease) in trade payables 101,140 64988 32,548 (48) 33.950 (427) (19J81) 13.523 38,197 {45,698) 127.782 95.010 Purclb4se of pmwty. plani and cquipm¢nt {4,720) (1110) lJJler¢¥t received 48 (4.672) 427 (1.683) Nel ixre•wl(de¢reMe) IM eq•ivakmts 123,110 93,327 Cash and equivalents at th¢ iKginniDg ofthe year Laqh and ¢&sh quivalcnts * the e￿1 of thc y Increa•el(detrew) ID ¢*Jh bAl••tt 868.334 991.444 123.110 775,007 868.3.34 93.327 13 Have# Tylluide Ltd (by gura•tee) General Income and Expenditure Account for the year ejded 31 Mareb 2022 2021 Charges rectivable (avaihblc iKm14)a￿) 1.096,291 22.472 1.118,763 (40.452) 999,727 25,317 1.025.044 {11,933) VoA¢ts Clwges ttL%ivabk {￿p￿ed t*dsws) 1.078Jl I 1,013.111 Supwting Pwlc Gtant CitywNJ¢ H￿ne1￿c(l￿n 71.497 1,21)9.808 77,649 1.150.760 (1.11&616) (1.085.879) HouJiDg Jllryl￿ for the year 91.IY2 64,881 th)nalions 3,680 427 48 9.948 4,107 SurplulqdefKit) forthe year 68,988 Haven TyDeside Ltd (by gwarxutee) Gener*1 Income and Expenditsre Account for the year ended 31 Marcb 2022 Proje¢¢ ctysts 175269 2.759 23J07 21.561 I￿￿12 38.187 1sJ 21 1.835 A8ehcy staff H¢4t and li&bl Cle￿1￿8 Furnilurc rcnewals and replacemenls $uAdri Lifeskill$ tr¥inift8 lrttern•l dec(niio malDtcnlln¢e Fu¢iv¢ ¢￿p￿)dI1￿¢ 20.465 111329 25285 IA190 575 20.518 3J46 14,607 3.f4)1 340.554 318.425 5¥pprt ¢• 5thft salgxies and pension costs Adverti%in& printinB Ind Telepho￿. posthgt 12&695 129.968 12.962 11.96J 13.524 9.754 433.024 21.993 17.018 Sundrl¢s HVu5i￿ A55￿1th P￿ertY ¢trw8¢ ￿¥31 Bed d¢bts 27.680 IwuT4A¢¢ 23.853 3,118 27,774 otli¢e rut. rthes arTrd W*er Office IL¢Rt and lilhi Offic¢ cle￿In¥ 25.528 9. Independent Audilors Re￿rI for the yev eoded 31 March 2022 Opinion We have a￿lited tr* fina￿la1 statements of Ha¥en Tyne5¥k itd '(tharitsble comparfl for the Year ended 31 Marth 2022 which comprise the statement of fina￿la1 actv¥ities. the balan￿ sheet. the general income expenditure accowrt and notes to the financial st*ements. Includin8 a summary of significant accountiTra ￿lIcieS. The finartial reporti￿ fr4rnework that ha5 been applied in their preparat￿n is applicable law and Unlted KirEdom Accounti￿￿ Standards, includir¥ Financial (United Kingdom Generalty Accepted Accounting Prattl￿). In ouropinKm the financial Statern￿ts: 81ve a true and fairview of the stste of the Charitab￿ comparfs affairs as at 31 Marrh 2021, and the year then ended: have prDpeTty Prepared in acCon1a￿eWlth UINled KN￿OM Generalty A(￿pted Accounting Prarti￿. ènd 8a515 for oplnion We Co￿¢￿￿ed our awjit in acrordarKe with Interna￿l￿al Slandanls on A￿lIti￿ (UK) (ISA5 IUKII and appIl￿ble law. Our re5ponsibilit*s tsnder thrjse starntsrds are further desult￿￿ in the Audltorfs responsibilities for the audit of the finand•l statemert5 settion of our reporL We a￿ independent of the Charitab￿ C(xnp￿ry in accixdarKe with the ethxal requirements that arE relevant to our audit uf the financia15tatements inthe UL tr￿[re the FRCS EthKal Stand￿. and we havefulfilled ourother ethical reswnsibilities in accordonce with these requirernen￿ We bellw￿ thai audit evidence we have olrtalffted is thierrt and approixmte to a Iwsis forour opinK)n. Conduskbns relatlry togolry C¢M￿n In auditir¥ fwncial statemeirts we Cond￿led that ￿ trustee< use of the goiry concern basis of accountin8 in the weparation of the financial Statements is approwiate. Based on the we ha¥e perfofmEd, we Nlentified any material uncertainties relating to events or corm11tkn￿ that. inqlivx1￿ or colkntwety. may syificant doubl orb the charitable CoMpan￿S ability to continue as a going concern for a peTiod ofat least twehe months from when the financial statements autlKJrised for i5Y*. Our responsibilitiesand the responsfbilitiesof thetrustees with re5pertto golngc0n￿rnare described in the ￿leVaTrt sertions of this rew)rt. 18 Have# TyvsNk Ltd (by guxraBtee) Independent Auditors Report (continued) for the year ended 31 March 2022 the finoncial staternents a￿1 our auditor5. report thereon. The tntstees are responsible fiir the other informati)n u)ntsined within the annual reyt. Our opNiion on the fin•Kial statements does not cover the other informatK)n and, excepl to the extent oihprwise. we do not express any fomi of assurance condusion thereon. Our responsibility is to read the other infomiation and, in doing so, consider whether the other inforniation is materialty I￿O￿st5tent wtth the financial statements or Ouf knowl* obl31￿1 in aJur5e ofthe athlit or ottr￿n￿ aN￿al5 to ￿ malEri￿ty mi55iated. If we Identify suth material inconsistencies or apparent material misstatements. we a￿ required to detemiine vA*ther this gi￿ rise to a material misstatement in the fiftancial statements themselves. If, based on the vrt)rk we have performed. we condude that there is a material misstatement of this other InfomiatM)n. we are required io report that falt We have to reFKwI in thi5 re8as In otsropinion. based on the work undertaken in the Course of the a￿lit. the informalion given In the trU￿ee¢ report {incorporating the dlrectors, report) for the financial year for which the financial statements are wepared 15 COn5i5tent with the financial statemen and the dlfectorf ￿￿)rt indth within the tntstee< rewt has been wepared in KcordaKe wlth applicable legal requirements. In the IEht of ow krM)wled8e and understandi1% of the tharitaNe compary and Its envirDnment obtsined in the course of the audiL we have rKJt identif*d material mi$5tatements in the directo report iwlwled wittxn tW5tee< report. We have nothirE to rewrt in respect of the followifq matteTS in ￿latiOn to whKth the Companies Act 2(￿ requires us to re[￿ to you if. in our opw adequate accountir¥ records have not been kept, orretums adequateforouraudit have not been received from branc1￿5 not visited by us; or the financial 5tstements are not in agreement with the accountin6 records and return5; or we have rKJt ￿e￿1¥ed all inforn￿￿n and explanation5 rewmre for our audit: or Compani￿ regin￿ ar￿ take advantage of the small c(#))panies' exernptKin5 in Prepari￿ the directors rewrt and from the requirements to prepa￿ a strategic report. 19 HaveR Ty•eside W (by EMraBtee) ￿￿ependent Audilors Report (continued) for the year aded 31 Mareh 2022 dilect0￿ of the chaiitable company for the purposes of company law) are reswn5ible for t preparation of the financial statements and for beir* saiisf*d that ifrw gwe a lrne and fair view. and for such intern31 control as the tnjstees deterni1￿ 15 I￿esSary to enatde the prepardtion of financial statements that are free from material misststen￿nt whether due to fra￿1 orerror. comparfs ability to continue as a goir¥ can￿m. as apFthat*. matters related to gdng concern and using the goir* COn￿rTr basis of ￿CoUnting unless the trustees etrt￿ intend to IKiuidate the charitable cvmpanyor to ￿ase 0￿[alK)n$. Of have no reamti altemati¥e Imrt to do so. Audltorfs responsilNTrti•5 forthe audlt of the finanua statements Our obJecti¥e5 ale to oblain ieasonable akxlut whether financial staknnents as a vA￿￿e are free from material missLiknrt wtelt*r to fraud (x ernjr. and to issue an axlitorfs reFLJrt that includes our opinion. Reasonable a5surnnce is a h¥h level of assurarKe. but is not a guarantee that an a￿111 condtKted in accoyda￿ewlth1SA5 (UK) willalwtys detert a material misstatement when it exlsts. Misstatements can arise from fraud Of em)r and are considered material rf. indivKlualty or in the aggregate, they could reasonabty be experted to influence the econornic deosions of users tsken on the basis of these financial ststeuw#& A further description of ow responsibili￿S for audit of the financial State￿￿ts is located on the Financlal Reportwvd Counrfs f*ebsite at: T*AVW.fTC.org.uVaudil0f5re5p(￿b1llt*eS. This description fornis part of our auditorfs report. procedures in line with our responsibilities outlined atx)ve and on the Financial Reporting Counrfs ¥￿ts51te. to detect material mis5falements in re4*rt of Irreg￿ar1¢*s, indud1￿ fraud. We obtain and uwlate our undetstandin8ofthe entity. itsact1¥i￿s. its(Ontrole￿1r0ThMent. and li*elv future developments. in relation to the legal a￿1 reBulaknry framework apPI￿3ble ar•d IK the entity is complying With ihai frame*•)fk. Based on this vnderstandin& identify and assess the risks of rnaterial misstatement of the financial staternents, whether due to fraLuI or error. design and perfomi a￿lIt wocedures resFM)nsi¥e to th(￿ risks. and obtain audit evidence thèt 15 sufficient and appropr4ate to provide a basis for our opinion. This intludes con5ideralion of tt* risk of acts by the entity that were contrary to applicable laws and re8utstion5. irKludi￿ frawl. In response to the risk of irregularities and laws and ￿n5. •￿I￿lI￿a fra￿J, we de5i8ned procedure5 which induded: Enquiry of mawement and those dw8ed r*ith gLwernaKe ar0￿￿ actual a￿1 potential litigation and daims as well as artual. susperted and alle.getl fraud; Reviewing minutes of rneetings of those Cha￿ed with goyemance; 20 Haven Tyneside Lld (by guaralllee) Indepcndcnt Auditors Report (eontinued) for thc ycar ¢lld¢d 31 Mareh 2022 Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection- Reviewing financial statement disclosures and testing to supporttng documentation to assess cofflpliance with applicable laws and regulations-, Perforniing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, pvaluating the business rationale of significant transactions oulside the normal course ol business and reviewing accounting estimates for indicators of potential bias. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including those leading to a material misstatement in the financial statements or non-compliance with regulation. Thi5 risk increases the more that compliance with a law or regulatiorb 15 removed from the events and tran5BCtioTrs retlected in the financial statements. as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissioThs, misrepresentations, or the override of internal control. Use of our report This report is made solely to the charitable company's men)bers, as a lJo(ty, in accordance with Chapter3 of Part 16 of the Companies Att 2(XJ6. Ouraudtt work has been undertaken 50 thatwe might state to the charitable cOmparb￿S members those matters we are required to slate to them in an auditorfs report and for no other purpose_ To the fullest extent permitted by law, we do noi accept or assume respor)sibility to anyone other than the charitable company and the charitable company s members a5 3 body. for our audit work, for this report, or for the opinions we have formed. Joanne Regaft FCA (Sentor Statutory Auditorl For and on behalf of Azets Audit Services Chartered Accountants ststutory Auditor 18 October 2022 32 Brenkley Wav Blezard Business Park Seaton Burn Newcastle upon Tyne NE13 6DS 21