FINANCE REPORT 2024-25 Healthworks
Healthworks the community beolth churtty Legal Information Registered charity name: Healthworks Newcastle Charity registration number= 1040370 Company registration number.. 02952583 Registered offi= Health Resource Centre. Adelaide Terrace, Newcastle upon Tyne. NE4 88E External Auditor.. Kinnoir Associates Limited, Aston House. Redburn Road. Newcostle upon Tyne. NE5 INB Bankers- Barcloys Bank plc, Leicester, LE87 2BB Legal Advisor.. Muckle LLP. Time Central, 32 Gollowgate. Newcastle upon Tyne, NEI 4BF Trustees.. J H Marks, P A Cresswell. C F B Burton, D Creighton, M E Henderson. D Lagun. J R Sabarre. ond C Welsh Contents 2to9 Report of the Trustees lincorporoting Directors. Report) io Stotement of Trustees. responsibilities 11 to 15 Independent Auditor's Report to the Members of Healthworks Newcastle 16 to 17 Stotement of Financiol Activities, incorporating income ond expenditure account 18 Stotement of Financiol Position 19 Statement of Cosh Flows 20 to 31 Notes to the f inoncial statements Supporting people of oll oges to live longer, healthier ond huppier lives wv¢v4 hpnllhwnrksnè thra ijk
Healthworks
the cofflrnunity health chtsrity
Report of the Trustees (incorporating Directors, Report)
Objectives and activities
Healthworks Newcastle Itrading as Healthworksl is a charity constituted as a company limited by gLJorantee
Iregistered charity number 1040370 and reglstered compony number 029525831. It is therefore subject to charity.
trust. and company law. This Report of the Trustees therefore incorporates the Directors, Report required under the
regulations of the Corllpanies Act.
The Kings Fund defines heolth inequalities as 'avoidable, unfair and systematic differences in health between
different groups of people"
Our long-term aim is to end health inequalities thot exist between people who live in the
North East of England and the rest of the United Kingdom.
We are governed by a Memorandum and Articles of Associotion which sets out our charitable purpose..
To preseNe, protect and improve the health and life outcomes of communities across the North East region of
England.
This choritable purpose informs our stated aim which is:
Supporting people of all ages to live longer, healthier and happier lives.
We work to ochieve this stoted aim - within the scope of our charitable purpose- through the following activities
undertoken by three seporote teoms..
Health Improvement. Activities undertaken by the team include..
Social prescribing services for adult5 on beholf of Primory Core Networks across Newcastle lended 3 1
December 20241.,
Community Health Trainers to support change behaviour inteNentions to help reduce the health risks
from obesity ond type 2 diobetes (ended 31 Morch 20251;
Waiting Well services to offer torgeted support to patients waiting for surgery in the North EcT5t-
Tobocco Dependency seNice to help reduce smoking instances amongst hospital in-patients-
Physical activity sessions to support people with fall prevention, chronic joint pain, or rehabilitation
following cordiac episodes: and
Carrying out NHS Health Checks to help identify people at higher risk of chronic health issues who
moy need clinical support (ended 31 July 20241.
Health Promotion. Activities undertaken by the team include..
Cancer Awareness services on behalf of Northern Concer Allionce to promote eorly identification ond
reduce the risk of developing lifestyle concers..
Support for families including healthy nutrition sessions, group activities for carers and infonts, and
school holiday activity sessions.
Best Start service to provide antenatal and breostfeeding informotion. supporting women from
conception to birth and enabling people to make informed choices about how to feed their baby:
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Healthworks the community heolth chority Report of the Trustees (incorporating Directors, Report) continued Objectives and activities continued Providing Royal Society for Public Health accredited training to improve nutrition awareness- and Supporting the DWP Mid-Life MOT pilot in the North East through provision of bespoke training sessions designed to support moking heolthy choices (ended 30 lune 20241. Zoneworks (ended 31 August 20241. Activities undertaken by the team include- Provision of o pilot service funded by school improvement in Newcastle that aimed to improve ottendance and attainment through targeted support- Sociol prescribing seNices on behalf of Primory Care Networks across Newcastle thot were specifically targeted at young people who are at risk of dropping out of the school system., and A programme of research in portnership with North East Wellbeing to promote the Zoneworks model using the academic led measured outcomes from the services. We also carry out primary purpose trading in addition to the obove choritoble octivities. This trading is primory purpose because- Our pre-school is embedded within our Health Promotion team and provides a service to fomilies who often have additionol needs within our early years setting.. Our gyms and exercise classes are embedded within our Health Improvement team and provides a service to clients who are less likely to ottend a commercial gym due to their particular needs.. ond Our rental of premises is predominantly to other charitable orgonisotions who are partnered with us ond whose charitable purpose is closely aligned to our own. Our Trustees have hod regard to the Charity Commission's guidance on public benefit. Our activities deliver public benefit by: Increasing the understanding ond recognition of the wider social determinonts of heolth., Building on the capacity of individuols to identify and act on issue5 that impact on their own. and others, health and wellbeing lasset-based opproachl- Providing local access to regular exercise via high quality, low price community gyms and classes., Encouraging people to engage in a range of other local services which enable them to socialise within their communities.. Supporting people to occess the services most appropriate to them which are available in the city.. Recruiting and troining a local workforce, investing in upskilling locol people.. Offering a range of volunteering opportunities for locol people- Achieving o wide reach into communities traditionolly seen os 'hard to reoch. through the support and co- ordination of local volunteers who ref lect their community.. Buying from local suppliers and producers wherever possible. investing in the local economy.. Linking into city-wide networks to share good practice and ovoid duplication., and Recognising and valuing the range of other locol organisations that deliver service5 5UPPOrting people to manage their lives. Supporting people of ull oges to live longer. heolthier and happier lÉves www hprilihworkqnp rwa ij
Healthworks the community health charlty Report of the Trustees (incorporating Directors, Report) continued Objectives and activities continued Our chority does not make any material social investments or grants. We were supported by 93 volunteers12023124- 371 who donated a total of 4,226 hours of their time12023124: 3.2201. These volunteers predominantly worked in support of our Best Start service, and on o volLJnteer project funded by the North of Tyne Combined Authority. Achievements and performance We ore proud of our achievements this year. Some of our highlights across ourteoms include: 18,022 people accessed our services and 7.804 were referred to OLJrtargeted programmes; 1.709 support telephone and video support calls were made to individuals. equating to 724 hours of remote lifestyle support: 235 individual eligible NHS and workploce Heolth Checks were completed to spot early signs of stroke, kidney diseose. heart disease, type 2 diabetes. and dementia., 2,940 active members in both of our accessible community gyms,. 9296 of Stoying Steady completers showed improvement in the TUG Functional test (by 40% on average); 7196 of Stoying Steady completers showed improvement in the Sit to Stond Functional test Iby 41q6 on averagel- 1. 13 overage improvement in 4-point bolonce test demonstrates progress in the ability to maintain stability ond balance.. 980h of clients reported they had achieved their Goals, across a range of Health ond Wellbeing projects- 820k of all clients improved their perceived State of Health by 22% on averoge Imeosured by EQ-VASI- 980k of all clients improved their Quality of Life Imeasured by EQ-5DI', 9896 of clients osked would Highly Recommend the programmes to friends and family., We participoted in 196 Awareness events attended by 7,440 people. 48% of those attending resided in the lowest 30 % areas of deprivation. 62 people completed the Cancer Chompion Courses. 9846 found the course informative ond useful,. 98% of those that attended Cancer Aworeness events reported that they are now likely to attend a screening appointment., 318 meetings with local businesses to promote key Cancer awareness messages; 499 individuals accessed our Stop Smoking service and were given 1-2-1 support to set their Quit date,. Of the people accessing our Stop Smoking service. 67% of all clients successfully quit smoking at 4 weeks.. 69 % of those that quit Smoking contintjed to be smoke free at 12 weeks; 5696 of people living in the most deprived arears IIMD I & 21 set a quit date IN.B. around l in 4 adults in the most deprived areas Smoke compore to l in 10 in the leost deprived)., 9196 of clients have increosed their physical activity levels (based on GPPAQI- A total of 1,006kg weight loss wos reported between 237 clients,. A total of 93cm lost from waist measurements with an average loss of 4.42cm per client.. 13 1 unique people reduced their BMI to a healthy range. with an overoge BMI reduction of 2.39., Our Best Start Teom supported 926 new breastfeeding women ond fomilies.. 'Breastteeding Mams. hos 3.500 followers on Facebook and 772 on In5tagram- Supportin9 people of oll oges to live longer. healthier and happier lives th wWw.heolthworksnerfj.Uk
Healthworks the cornrnunity health chority Report of the Trustees (incorporating Directors, Report) continued Achievements and performance continued Our'Breastfeeding Moms Newcastle. dedicated social media 5UPPOrt pages ond Focebook groups provide reol-time support. information and guidance to families ond enoble ongoing interaction with peers,. 84 fomilies were provided with pregnancy support from prortitioners ondlor volunteers: 4 BreastFeeding Social sessions per week ocross Newcastle. Accessed by 479 unique people 2,193 times: 62 children ottended our pre-school 5.215 times between them: 159 children with visual impoirment ond their families became part of the Heolthworks fomily this year; 1.215 children ond 213 odults learned the power of a healthy smile. thonks to oijr Health Promotion team.. Engaged with 252 individuals and 8 partners in our New Tyne West portnership.. With 1.950 unique participants. our family activities drew o remarkable 10.667 visits., and We continue to develop a range of digital family resources which are accessible to families and workers for free- these included family activity eBook5, play and leorn videos and family cooking activities. Financial review Our reserves at the end of the reporting period were £1.625,09212023124: £1,561,291). This increose in reseNes of £63,801 is our operating surplus for the reporting period12023124: £5 1,3401. We recognised an in-year deficit Dn unrestricted fund5 of £15,7 10 and an in-yeor surplus on restricted funds of £79,511. Our troding ortivities generated a deficit of £37,89912023124- £5.7631. The increose in the deficit was mainly due to trading octivities making up 13.8% of turnover in the reporting period up from 11.2% in 2023124 - which in turn meons that support costs allocated to trading octivities hove risen. This deficit is combined with net proceeds f rom voluntory income, investment income, and other income to arrive ot the net resources available for charitable activities. These net resources were £67,49312023124.. £46.6201. The increase in net resources was mainly due to increases in voluntary income and investment income. Our charitable activities were once again close to breakeven with an in-yeor deficit of £3,69212023124: in-year surplus of £4.7201- Heolth Promotion generated a surplus of £178.13412023124.. £9,317). which in turn was mainly due to the release of gront income that had been rolled over from prior reporting periods. Health Improvement had a deficit of £128.77912023124'. surplus of £82.2771'. the reduction in performonce was mainly due to increases in costs that were not reflerted in contract values that were rolled forword ot below inflotion uplifts. Zoneworks had a def icit of £53.047 in the five months to the end of August 202412023124.. £86.874 over twelve months) at which point it ceosed operating. Our turnover decreased by 296 to £2.449,71512023124.. £2.511,4301. The decrease in turnover is mainly down to the cessotion of services in-year. such as social prescribing seNices for adults on behalf of Primary Care Networks ocross Newcostle ond Zoneworks. These contracts for the services did not fully recover the cost of the services, which helps to exploin why the surplus hos increased whilst turnover has decreased. Supporting people of oll ages to l¥ve longer, heolthier and hoppier lives www.he0lthworksne.g.uk
Healthworks the comfflunity hetslth charity Report of the Trustees (incorporating Directors, Report) continued Financial review continued The nature of commissioned services mean that contracts tend to be aworded on an annual basis. The principol risk facing the chority is therefore overreliance on a particulor f under or contract. The risk is mitigoted by providing a wide range of services to a large number of commissioners with controct expiration being staged throughout the year. This enables the charity to better respond to any loss of income through the expiration of a controct. The funding availoble for Heolth Promotion has decreased going into 2025126 due to constraints on one of our principle funders.. Trustees are satisfied that the chority is oble to operate as a going concern due to the budget set for 2025126 which will see cost reductions, the strong pipeline of future commissioned services. the ongoing demand for the services we provide, our reputation in the sector, and our strong accumulated cash position. Further informotion is included in the section 'Plans for future periods.. Our support costs make up 39*)12023124- 390kl of total expenditure. Our target is to breakeven ond to reinvest all income into our charitable activities. We achieved an operating surplus of 2.696 of turnover12023124= 2.0%) which will be reinvested in f uture periods. Our reserves policy is to hold net current assets equol to ot leost three times the cost of the monthly poyroll. and for the value of those net current assets to be equol to or less thon the value of liquid li.e. immediote occessl cash. This 15 so thot service delivery is not jeopardised through fluctuations in the timing of receipt of funding. It also functions as o shut-down fund in the event of the need to close the charity. Trustees review this policy on an annual busis to ensure that it continues to be appropriote for our organisation. Our net current assets ot the reporting date were £900,47012023124- £835.3921. The value of those net current assets was less than the value of liquid cash. Our staff costs were £1,910.20712023124.' £1,999,899). meoning that the reserves required by policy were £477,55212023124'. £499.9751. In turn, this means that we held reserves of £422.918 12023124.. £335,417) over the level required by our policy at the reporting date. We deem these to be our free reseNes. and these will be invested into our charitable objectives in future periods. Plans for future periods The Trustees have approved the budget for the period April 2025 to March 2026. This approved budget will utilise the accumuloted operational surplus from the period April 2022 to March 2025 which totals £149,337 and requires the orgonisotion to find additional income and reduce expenditure to the net value of £365,204. The Trustees are satisf led that the charity remains o going concern for at leost the twelve months following the signing of these accounts. The gop to be closed is less thon that achieved in 2024125. when the organisation outperformed budget by a net £374.264. Progress to close the gap in 2025126 is well underwoy, with an estimated 56 % of this achieved by the end of August 2025. The charity also benefits from its strong free reserves position in the unlikely event that sufficient progress is not made to close the gap. The Trustees continue to pursue the growth of the charity within our charitoble objects. This growth is comprised of developing new service5 to support more people in the areas we already operate, offering our existing services into Supporting people of all oges to live longer. healthier ond happier lives Www.he0hw0rkSne.orq.uk
Healthworks the community heolth chority Report of the Trustees (incorporating Directors, Report) continued Plans for future periods continued new areos that foll within the geography of our objects, and partnering with complimentary chorities that align with our objects. The likely future developments are new commissions in the region that build on our existing relationships ond contracts. These may necessitate growth in both our staff numbers and our estate to accommodate. Structure, governance and management Our Board of Trustees, who are also Directors of the charity forthe purposes of the Companies Act. have overall responsibility for the strategy, management, and control of the charity- The Chief Executive. SLJPPOrted by the directors. is responsible for delivering the Boord's vision ond strategy and for the day-to-day operation of the charity and accountoble to the Board of Trustees. The Key Monagement Personnel of the charity are the Board of Trustees, the Chief Executive. the Deputy Chief Executive. the Director of Health Promotion, the Director of Health Improvement. ond the Director of Finance and Business Development. As of 31 March 2025, the Board was mode up of eight Trustees: J H Morks (Choir) P A Cresswell IDeputy Chairl CFBBurton D Creighton M E Henderson D Lagun J R Sabarre C Welsh C Welsh wos oppointed on 24 September 2024. M E Tumer resigned from the Board on 26 November 2024. The former Deputy Chief Executive left the chority on 31 August 2024, and the Director of Operations was promoted to DepLJty Chief Executive on the same dote. A Director of Heolth Improvement was appointed to the charity with a start date of l July 2024 and left the chority on 25 October 2024- this post was vacant at 31 March 2025. There were no other changes to the Executive Team during 2024125. Decision making within the charity is normally delegated to the Chief Executive. Decisions explicitly retained by the Trustees include spend over £20.000. Chief Executive remuneration. ond entering into new investments. The Chief Executive in practice will also seek Trustee approval for creating and omending the annual budget, and any amendments to the pay structure. This means that Trustee approvol is required for all pay and remuneration for Key Management Personnel. Key Management Personnel pay and remuneration below the Chief Executive is set with reference to entry poy in the organisation. The multiple between the entry pay and the top of the director grode in the pay structure is 2.06. Entry pay is set with reference to the Real Living Wage as set by the Living Woge Foundation. Supp¢xttng people ol all 09es to live longer. heolthier ond hoppier Ie5 r.IFJT,Fy4•y> www.heolthworksne.or9.uk
Healthworks the community heolth charlty Report of the Trustees (incorporating Directors, Report) continued Structure, governance and management continued We seek to maintain a diverse board with a brood ronge of skills, knowledge and experience relevant to our mission. We want to attroct o brood ronge of condidotes, ond appoint new Trustees based on their skills ond experience. We carry out due diligence checks on prospective Trustees to ensure that any appointment meet5 the requirements of our governing document and the law. Once appointed Trustees go through an induction programme to make sure they understond their role under charity and company law. All of our Trustees give their time voluntarily and receive no financial rewards or benefit. Any Trustee expense5 that are repaid ore disclosed. The Board and the Executive Team meet every two months. The objective of these meetings is for the Boord to seek and obtain assurances thot the Executive Team is acting in a way that enables the Trustees to meet their duty to promote the success of the Chority, and to have regard to s.172 of the Companies Act 2006. Attendonce by the Trustees at the Board and Executive Team Tlleeting during 2024125 was os follows.. Number of meetings available Number of meetings attended J H Marks (Chairl P A Cresswell IDeputy Choir) CFBBurton D Creighton M E Henderson D Logun J R Sabarre M E Turner (resigned 261111241 C Welsh (appointed 241091241 Major risks are considered ot board level and an appropriate risk assessment procedure is embedded in management ond operotionol processes. The risk management policy specif ies risks. evaluates the probobility level and outlines the strategies for ovoiding risk or mitigating potential impact. This process enables Trustees to focus on avoiding risk that might prevent the charity achieving its strategic objectives. Internal control risks ore minimised by the implementation of procedures for authorisation of all transactions and projects. Operationally. Heolth and Safety and Information Governance remain as standing items on the Board. The Finance Risk and Audit Committee IFRACI operated throughout the year. As of 31 March 2025, the FRAC was made up of five Tru5tees-. C F B Burton (Committee Chair) P A Cresswell E Henderson D Lagun C Welsh Supporting people of oll uges to INe longer, heolthier and hoppier lives www.heolthwork5ne.org.uk
Healthworks the community heglth chority Report of the Trustees (incorporating Directors, Report) continued Structure. governance and management continued C Welsh was oppointed to the FRAC in March 2025. There were no resignations from the FRAC during the year. The FRAC meet two weeks prior to the Board and no less than three times a yeor. The objective of these meetings is for the FRAC to seek and obtain assuronces thot the Executive Teom. represented by the Director of Finance ond Business Development, have robust financiol controls in place ond that the Charity's exposure to financial risk is understood and mitigated. The FRAC is a sub-committee of the Board and as such provides assurance in turn to the Board. Attendonce by the Trustees at the FRAC during 2024125 was as follows- Number of meetings available Number of meetings attended C F B Burton (Committee Chairl P A Cresswell M E Henderson D Lagun C Welsh loppointed 181031251 The charity has no subsidiory Ljndertokings or connected charities. Any related party transactions are disclosed in the accounts (see related porties, disclosure on page 3 11. Reference and administrative details All information required by regulation con be found on page l under the heading -Legal information" The Trustees have delegoted doy-to-doy management of the charity to the Chief Executive, Mr P Court. The Charity produces on annual Impact Report and publishes it on its website: ww.h This includes information about the services provided and the number of people supported. The Import Report does not form part of these financiol stotements. It may provide odditional usef ul information to users of the accounts. Supporting people of oll ages to live longer, heolthier ond huppier lives www.heolthworksne.orq.uk
Healthworks the communtty heollh c?rity Statement of Trustees, responsibilities The Trustees Iwho ore also Directors of Healthworks Newcostle for the purposes of company lawl ore responsible for preparing the Trustees. Annual Report ond the f inancial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Proctice Iunited Kingdom Accounting Standards). Company low requires the Trustees to prepare financiol stotements for each financial year. Under compony law the Trustees must not approve the financial statements unless they are satisfied that they give a true and foir view of the state of affairs of the charitable company ond of the incoming resources and application of resources. including the income and expenditure, of the charity for thot period. In preparing these financial statements, the Trustees are required to: Select suitoble occounting policies and then apply them consistently.. Observe the methods and principles in the Chorities SORP- Moke judgments and estimates that are reasonoble and prudent: Stote whether applicable UK accounting stondords have been followed, subject to any material departures disclosed and explained in the financiol stotements-, and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees ore responsible for keeping adequate occounting records that are sufficient to show and explain the charitoble company's transactions, disclose with reosonoble accuracy at any time the f inancial position of the choritable company and enable them to ensure that the finonciol statements comply with the Companies Act 2006 and the provisions of the charity's constitution. They are also responsible for sofeguarding the assets of the charity and hence for taking reasonable steps f or the prevention and detection of f raud and other irregulorities. Each of the persons who is o trustee at the date of approval of this report confirms thot= so far as they ore aware, there is no relevant audit informotion of which the charity's auditor is unaware- ond they have taken all steps that they ought to hove token os a trustee to make themselves aware of ony relevant audit information and to establish that the chority's auditor is oware of that information. The auditor is deemed to have been re-appointed in accordance with section 487 of the Componies Act 2006 The Report of the Trustees, which incorporotes the requirements of the Directors. Report as set out in the Companies Act 2006 (Strategic Report ond Directors. Report) Regulations 2013, wos opproved by the Board. in their capacity as Trustees and Company Directors on 7 Ortober 2025 and signed on its beholf by= J H Marks Trustee Supportbng people of all age5 to live longer, heolthier ond hoppier INes www.heolthworksne.orq.uk io
Healthworks the community heulth chority Independent Auditor's Report to the Members of Healthworks Newcastle for the year ended 31 March 2025 Opinion We have oudited the finonciol stotements of Healthworks Newcastle Ithe 'charity'l for the year ended 31 March 2025 which comprise the stotement of f inoncial octivities (including income and expenditure account), statement of financial position. statement of cash flows ond the related notes. including a summary of significant accounting policies. The financial reporting framework that hos been opplied in their preparation is applicable law ond United Kingdom Accounting Standards. including FRS 102 The Financial Reporting Stondard opplicoble in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the f inonciol statements.. give a true and fair view of the state of the charity's offoirs as at 3 1 March 202 5 and of its incoming resources and application of resources. including its income ond expenditure, for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Companies Att 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII ond applicable law. Our responsibilitie5 under those standards are f urther described in the auditor's responsibilities for the audit of the f inonciol stotements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevont to our oudit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulf illed our other ethicol responsibilities in accordance with these requirements. We believe that the audit evidence we have obtoined is suff icient and appropriote to provide a basis for our opinion. Conclusions relating to going concern In auditing the f inoncial statements. we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financiol stotements is appropriate. Based on the work we have performed. we hove not identified any material uncertaintie5 relating to event5 or conditions that. individually or collectively. may cast significant doubt on the company's obility to continue os o going concern for o period of at least 12 months from when the financial stotements ore authorised for issue. Our responsibilities ond the responsibilities of the trustees with respect to going concern are described in the relevont Sections of this report. Supporting people of oll ages to Irve longer, heathier and hoppier li¥e5 V4ww.hwlthworksne.org.uk li
Healthworks the community heotth chority Independent Auditor's Report to the Members of Healthworks Newcastle for the year ended 31 March 2025 continued Other information The other information comprises the information included in the annual report, other thon the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the onnual report. Our opinion on the f inanciol statements does not cover the other information and, except to the extent otherwise explicitly stoted in our report, we do not express any form of ossuronce conclusion thereon. Our responsibility is to read the other information and. in doing so, consider whether the other information is materially inconsistent with the finoncial statements or our knowledge obtained in the audit or otherwise appeors to be materially misstated. If we identify such material inconsistencie5 or apparent moterial misstatement5, we are required to determine whether there is a material misstatement in the financial stotements or a material misstotement of the other information. If, based on the work we hove performed. we conclude that there is a material misstotement of this other information, we are required to report thot fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report for the f inanciol year for which the financial statements ore prepared is consistent with the financial 5tatements'. ond the trustees, report has been prepored in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the chority ond its environment obtained in the course of the audit, we hove not identified material misstatements in the trustees, report. Supportin9 people of all oges to live longer. heolthier ond hoppier Itves www.heotthworksneAYg.uk 12
Healthworks the community heolth Charity Independent Auditor's Report to the Members of Healthworks Newcastlefor the year ended 31 March 2025 continued Motters on which we are required to report by exception continued We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if. in our opinion: adequote accounting records have not been kept. or returns odequote for our audit hove not been received from branches not visited by us.. or the financial statements are not in agreement with the accounting records and returns.. or certoin disclosures of trustees, remuneration specified by law are not made: or we have not received all the information and explanations we require for our audit., or the trustees were not entitled to prepare the financial statements in accordance with the small componies regime and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepare a strategic report. Responsibilities of trustees As exploined more fully in the trustees, responsibilities statement, the trustees Iwho are also the directors for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of f inancial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees ore responsible for ossessing the chority's ability to continue as a going concern. disclosing. os opplicable. motters related to going concern ond using the going concern basis of occounting unless the trustees either intend to liquidote the chority or to ceose operotions, or hove no reolistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives ore to obtoin reosonoble OSSLJronce obout whether the financial statements os a whole are free from moterial misstatement. whether due to fraud or error. and to issue an auditor's report thot includes our opinion. Reasonoble assuronce is a high level of ossuronce. but is not o guarantee thot on oudit conducted in occordance with ISAS IUKI will olwoys detect a moteriol misstotement when it exists. Misstatements can orise from froud or error and ore considered materiol if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users token on the basis of these financiol statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to detect material misstatements in respect of irregularities, including f roud. The extent to which our procedures ore capable of detecting irregularities. including fraud. is detailed below. Supporting people of all ages to live longer, heathter tsnd hoppier Irves www.heolthworksne.ofg.uk ¥ é. 13
Healthworks the community health charity Independent Auditor's Report to the Members of Healthworks Newcastlefor the year ended 31 March 2025 continued Auditor's responsibilities for the audit of the financial statements continued the engagement director ensured thot the engagement team collectively had the appropriote competence. capabilities and skills to identify or recognise non-compliance with applicable laws and regulotions- we identified the lows and regulations applicable to the Charity through discussions with trLJStees and other manogement. ond from our commercial knowledge and experience of the chority sector.. we focused on specific lows and regulations which we considered moy hove o direct material effect on the financial statements or the operations of the Chority. including relevant legislation such as the Componies Act 2006 Charities Act 20 1 l et seq.. Charity Commission regulation and other legislation identified as being of significance in the context of the entity e.g. taxation legislotion. dato protection, employment. environmental and health and sofety legislotionl.. we assessed the extent of compliance with the laws and regulations identified above through moking enquiries of monogement and requesting any legal correspondence; and we ensured that the identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the Charity's financial statements to material misstatement. including obtaining an understanding of how fraud might occur. by.. moking enquiries of management as to where they considered there was susceptibility to fraud and their knowledge of actual, suspected and alleged fraud; ond considering the internal controls in place to mitigate risks of fraud ond non-compliance with laws and regulations. To address the risk of fraud through manogement bios and override of controls, we.. performed analytical procedures to identify ony unusuol or unexperted relationships.. tested journal entries to identify unusual transactions- and assessed whether judgements and assumptions made in determining the accounting estimotes set out in Note 3d) were indicative of potential bias. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included. but were not limited to.. agreeing financial statement disclosures to underlying supporting documentation.. reading the minutes of meetings of those chorged with governance., enquiring of management as to actual and potential litigation and claims: and requesting non-routine correspondence with HMRC and relevont regulators. There are inherent limitations in our audit procedures described obove. The more removed that law5 and regulations are f rom financial transactions. the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees ond other management and the inspection of regulatory and 5egal correspondence, if any. Supporting people of oll oges to live longer. heolthier ond happier lives www.healthwork5ne.org.Ltk 14
Healthworks the community heolth charity Independent Auditor's Report to the Members of Healthworks Newcastlefor the year ended 31 March 2025 continued Auditor's responsibilities for the audit of the financial statements continued aterial misstatements thot orise due to fraud can be harder to detect than those thot arise from error as they may involve deliberate concealment or collusion. A f urther description of our responsibilities is availoble on the Financial Reporting Council's website ot.. www.frc.or auditors This description forms part of our auditor's report. Use of our report This report is made solely to the charity's members, os a body. in accordance with Chapter 3 of Port 16 of the Componies Act 2006. Our audit work has been undertaken so that we might state to the chority's members those motters we ore required to state to them in on ouditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other thon the charity ond the chority's members as a body, for our oudit work. for this report, or for the opinions we hove formed. Detlev Anderson FCA Senior Statutory Auditor Kinnoir Associates Limited Chortered Accountants Statutory Auditors Aston House Redburn Road Newcastle upon Tyne NE5 INB 7 October 2025 www.heo*thworksne.org.uk 15
Healthworks the cornmunity hwjlth rhgrity Statement of Financial Activities, incorporating income and expenditure accounts at Healthworks Newcastle For the year ended 31 March 2025 Unrestricted funds £ Restricted funds £ 2024125 2023124 Note INCOME Voluntory income Income from trading activities Investment income Income from choritoble activities Other income 8,210 319,307 65,932 18.423 74,142 337.730 20.273 282,132 25,064 1.858,635 25.064 20.310 2.006,593 2,176.915 147,958 6,182 6,186 11.800 TOTAL INCOME 2.217.398 232,317 2,449,715 2,511,430 EXPENDITURE Costs of generating funds Costs of generoting voluntary income The Lemington Centre Pre- School Gym and class admission Rental of premises Other troding income 25,627 41,492 67,119 31.152 208.029 12.041 220,070 177.232 45.884 23,663 18,893 45.884 23.663 18.893 47.642 26,537 5.332 Total cost of generating funds 350,320 25.309 375.629 287,895 Costs of charitable activities Heolth Improvement Health Promotion Zoneworks 886,734 836.163 188,114 38.368 60.906 925,102 897.069 188,114 950,880 782,113 439.202 TOTAL EXPENDITURE 2,233.108 152.806 2.385.914 2.460,090 INCOMEI(EXPENDITUREI 115.7091 79.510 63.801 51.340 Losses on revaluation of fixed assets 1526,3021 Supportin9 people of oll oges to live longer. healthier and happier Irve5 www.heulihworksne.org.uk %" 16
Healthworks the community health Chority NET MOVEMENT IN FUNDS 115.7091 79,510 63,801 1474,962) Reconcilicrtion of funds Totol funds bought forward Net movement in funds Total funds carried forward 1.561,291 115,7091 1.545.582 1.561,291 2,036,253 63,801 1474.9621 1,625,092 1.561.291 79,510 79,510 The st¢ttement of finonciol ortivityes includes ull gains ond losses recognised in the year. Zoneworks ended on 31 August 2024.. ull other income ond expenditure derive from continuing octivities. The notes on poges 20 to 31 form part of the finunciol stotements. Supporting people of all Oges to Iwe longer. healthier and happier INes www.heolthworksne.org.uk 17
Healthworks the community heolth chortty Statement of Financial Position at Healthworks Newcastle As at 31 March 2025 2024125 2023124 Note ASSETS Non-current assets Tangible f ixed ossets Total non-current assets io 724,622 725,899 725.899 Current assets Debtors Cash ot bonk and in hand Total current assets li 111,525 1,371,710 1,483,235 93,289 1.375,051 1,468.340 TOTAL ASSETS 2,207,857 2.194,239 LIABILITIES Current liabilities Creditors.. amounts falling due within one year Total current liabilities 12 1582,7651 1582.765) 1632,9481 1632.9481 TOTAL LIABILITIES (582,765) 1632,9481 NET CURRENT ASss NET ASSETS 900.470 1,625.092 835.392 1,561.291 FUNDS Funds of the charity Unrestricted funds Restricted funds TOTAL FUNDS 14 1.545,582 79,510 1.625.092 1.561,291 1.561.291 These financial statements were approved by the Board of Trustees and authorised for issue on 7 October 2025, and ore signed on beholf of the Board by.. J H Marks Trustee P A Cresswell Trustee The notes on poges 20 to 31 fonn purt of the finuncial stotements. Supporting people of gll oges to Irve longer. heofthier and hoppier Itves www.t*olthworksne.or9.uk 18
Healthworks the colnmurbity h¢olth chority Statement of Cash Flows at Healthworks Newcastle For the year ended 31 March 2025 2024125 2023124 Net income 63,801 51,340 Adjustments for.. Depreciation char9es Interest received 41,784 125.0641 57,240 120,3101 Changes in.. Trade ond other debtors Trode and other creditors 118.2361 150. 1831 14.094 99,718 Net cash from operating activities 12,102 202.080 Cash flows from investing activities Payments for the ocquisition of tangible fixed ossets Proceeds from the sole of tongible fixed assets Interest received 141.6081 i.ioi 25.064 165,9151 1.145 20,310 Net cash used in investing activities 15.4431 144.458 Net increase l (decreosel in cash and cash equivalents 13,341) 157.622 Cash and cash equivalents at beginning of year 1,375,051 1,217.429 Cash and cash equivalents at end of year 1.371,710 1.375,051 The notes on pages 20 to 31 fom? part of the fintsnciul stotements. Supportin9 people of oll ages to INe longer. healthier and huppier INes V.hea1thw0r5ne.¢Ig.uk 19
Healthworks the community heolth chorrty Notes to the f inancial statements l. General information Healthworks Newcastle (the Charity) is a private company limited by guarantee registered in Englond and Wales 1029525831 and o registered charity in England and Woles110403701. The address of the registered off ice is Heolth Resource Centre. Adelaide Terrace, Newcastle upon Tyne. NE4 8BE. 2. Statement of compliance These financial statements hove been prepared in compliance with FRS 102 he Financial Reporting Standard applicable in the UK and Republic of Irelandl. Chorities SORP (Accounting and Reporting by Charities.. Stotement of Recomrnended Proctice applicable to charities preparing their accounts in accordance with the Finoncial Reporting Standard applicable in the UK and Republic of Irelandl. and the Charities Act 2011. 3. Accounting policies a) Basis of preparation The financial stotements have been prepared under the historical cost basis, except for certain f ixed assets. which are recorded ot foir value. and in accordonce with FRS 102 The Financial Reporting Stondard applicable in the UK and Republic of Ireland. The f inonciol stotements are presented in UK sterling which is the functional currency of the charity. bl Going concern The Trustees consider the charity to be well placed to manage its financing and other operational risks satisfoctorily. The Trustees olso have a reasonable expectation that the charity will have adequote resources to continue in operation ond meet its liabilities as they fall due for at least 12 months following the date of approval of the occounts. They therefore consider it appropriote to odopt the going concern basis of occounting in preparing the f inoncial statements. c) Critical accounting estimates ondjudgements The Trustees are required to makejudgements, estimotes and assumptions about the carrying amounts of assets ond liabilities that are not reodily apparent f rom other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results moy differ from these estimates. The estimates and underlying assumptions ore reviewed on an ongoing bosis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision offects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Supporting people of oll ages to live longer, heofthier and hoppier live5 www.healthworksne.or9.uk 20
Healthworks the communbty heolth Charity Notes to the f inancial statements continued d) Sources of estimation uncertainty i) Voluation of properties As described in note 10 to the financial statements. leosehold propety has been stated at foir volue based on the independent valuation performed lost performed on 31 March 2024 by members of the Royal Institute of Chortered Surveyors. Trustees hove judged that there has been no moterial change in the previous twelve months that would require a further independent valuation. and that the building will hove no useful life after 3 1 March 2064. The total value of leasehold property held in the financial statements at 31 Morch 2025 is therefore estimated to be £609,375 12024.. £625.0001. el Income All income is derived from services and activities carried out in the UK. All income is recognised when the chority has entitlement to the funds ond any performance conditions ottoched to the itemlsl of income have been met, it is probable that the income will be received. and the amount con be measured reliably. Income from government and other grant5, whether copital or revenue grants. is recognised in line with expenditure incurred towards meeting the conditions ottoched to the grant. Any remaining income is recognised when the chority has fully met the conditions attoched to the grant. Income received in advance of the provision of a specified service is deferred until the criteria for the income recognition is met. For exomple. contracts for services that are paid quorterly in advance. f) Expenditure Expenditure is recognised once there is a legol or constructive obligation to make a payment to o third party, it is probable that settlement will be required. and the amount of the obligation can be meosured reliably. All expenditure is accounted for on an occruals basis. Expenditure is classified under the following activity headings- Expenditure on the costs of generating f und5 include the costs of generating voluntary income and the costs of generating other trading income. The costs of generating voluntary income include fundroising octivities. The costs of generoting other trading income include the costs attributable to activities such as the operation of the Lemington Centre Pre-school, the running of the gyms and f itness classes, and the rentol of premises to tenants. Expenditure on charitable octivities includes the costs of providing the various octivities undertaken to f urther the purposes of the charity together with their support costs. Irrecoverable VAT 15 charged ogainst the activity for which the expenditure wos incurred. Supporting people of ull oges to Ir¥e longer. heolthier ond happier lives www.heotthworksne.or9.y* 21
Healthworks th¢ comn)unity heolth chority Notes to the f inancial statements continued gl Tangible assets Tongible fixed assets- with the exception of Long Leasehold - are measured at historical cost less accumulated depreciation. Depreciation is provided at rotes calculoted to write off the cost less residual value of each asset over its expected usef ul life os follows-. Plont & Mochinery= 10 years straight line Fixtures & Fittings: 10 years straight line Computer Equipment.. 5 years straight line Long Leasehold is measured on the revoluotion bosis. Valuations are to be undertaken on a sufficiently regulor basis to ensure thot the carrying omount does not differ materially from the fair value of the asset at the end of the reporting period. We hove ossessed this sufficiently regular basis to be not less than every five years. The next revaluotion is therefore due to be undertaken on or before 31 March 2029. h) Taxation The charity is exempt from Corporation Tax because all of its profits from troding arise through primary purpose trading. i) Fund accounting Unrestricted funds ore ovailoble for use ot the discretion of the Trustees to further any of the charity's purposes. Designated funds ore unrestricted funds earmarked by the trustees for particular purposes. The charity does not hold any designated funds. Restricted funds are Subjected to restrictions on their expenditure declared by the donor or through the terrns of on oppeal, ond fall into one of two sub-classes- restricted income funds or endowment funds. jl Voluntary ossistance Time is expended on the charity's activities and governance which is donated free of charge. It is improcticol to quantify the volue of the time given, and accordingly it is neither recorded as donoted income nor os an expense in the financial statements. k) Creditors and provisions Creditors and provisions are recognised where the charity has o present obligotion resulting f rom a past event that will probably result in the transfer of funds to a third party and the omount due to settle the obligation can be measured or estimated reliably. Creditors ond provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Supporting people of all ages to live longer. heolthier ond hoppier l¢ves www.heolthw0rkst.Or9.uk 22
Healthworks the community heolth chority Notes to the f inancial statements continued 11 Current assets Amounts owing to the charity at 31 March in respert of grants ond service level ogreement income are shown as debtors less provisions for amounts that may prove uncollectible. Short term deposits represent cash held on deposit at the bank. Cosh ot bank and in hand represents bank balances at close of business on 31 March. ml Financial instruments The chority only has f inonciol assets and f inoncial liabilities of a kind thot qualify os bosic finoncial instruments. Basic finonciol instruments are initially recognised at tronsoction volue and subsequently meosured at their settlement value. 4. Limited by guarantee The charity is a company limited by guarontee and accordingly does not have a share capital. Each Trustee of the charity undertakes to contribute such amount as may be required (not exceeding £101 to the charity's assets in the event of it being wound up. This undertaking is in place while they are a Trustee of the charity or within one year after they cease to be Trustee of the charity. Supporting people of all oges to live longer, heofthier ond happier lives vrnw.heohhworksne.or9.uk 23
Healthworks the cornmunity health charity Notes to the f inancial statements continued 5. Income Public sector contracts Public sector grants Other 2024125 2023124 Voluntary income Donotions and gifts Grants 4.137 3.817 4.137 70.005 2.593 17.680 66,188 Other troding octivities The Lemington Centre Pre-school Gym and class admission Rental of premises Other trading income 179.099 56.474 70,441 31,204 179.099 56.474 70,441 31,716 130.621 49.732 85.828 15,951 512 Investment and interest income 25.064 25.064 20,310 Income from charitable activities Heolth Improvement Health Promotion Zoneworks 734,269 243.421 135.067 24.885 481.945 37.169 349.837 796.323 1.075.203 135,067 1.033,157 791,430 352,328 Other income 6,186 6,186 11,800 TOTAL INCOME 1.113.269 573,018 763,428 2.449.715 2.511,430 The income above lateS to 18 public sector contrarts clnd 12 public sector gronts. The prior yeor eomporottir is £1.460,939 from 19 public sertor contract5 and £435,648 from 7 public sector gronts. Supporting people ol tsll oges to INe longer. heothier and happier lives r:F:T,FYlllI* www.heolthworksne.or9.uk 24
Healthworks the Community health Charity Notes to the f inancial statements continued 6. Expenditure Direct cost of activitie5 Allocation of support costs 2024125 2023124 Costs of generating voluntary income Donations ond gifts Grants 2.111 51,741 2,111 65,008 25.676 5.475 13,267 Costs of generating trading income The Lemington Centre Pre-school Gym and class odmission Rental of premises Other trading income 159,903 26.907 60.165 18.976 23,663 11,735 220.068 45.883 23,663 18,896 177,232 47,642 26.537 5,333 7,161 Charitable activities Heolth Improvement Heolth Promotion Zoneworks 640.521 493.586 120.600 284,580 403,485 67,513 898.025 897.071 188.113 950,880 782,113 439.202 TOTAL EXPENDITURE 1.461.945 923.969 2,385,914 2,460,090 None of the expenditure in the cUrfit year lateS to grant funding of activities. Supporting people of all uges to INe longer. heolthier und hoppier lives www.heolthworksne.org.uk 25
Healthworks the cornmunity heolth charity Notes to the f inancial statements continued 7. Support costs 2024125 £ Costs of generating voluntary incorne Donution5 and gifts Grants 300 5.059 584 35,670 293 4,956 656 2,022 59 992 121 1,354 83 1,406 li 178 2,111 51,741 94 The Lemington Centre Pre-school Gym and class admission Rental of premises Other troding income 12,968 4,089 5.100 2.296 19,250 6,075 7.572 4.234 12.679 3,998 4.987 2.295 5,081 1,602 1.998 979 L70 54 67 30 2.539 800 998 450 3.425 1.080 1.347 733 3.598 1.134 1.415 637 455 144 179 81 60.165 18.976 23,663 11.735 He0h Improvement Heolth Promotion Zoneworks 75.109 85.208 124.450 111,023 31.920 14.517 56.376 76.120 9.562 22.592 30.504 3.832 757 1.045 128 11,287 15.240 1.915 15.230 20.758 2.583 15.996 2.025 21.611 2.734 2.713 343 284.580 403,485 67.513 TOTAL SUPPORT COSTS 26L301 284,133 171,266 69,266 2,349 34.280 46,631 48,593 6,150 923.969 2023124 £ Costs ol generoting voluntory income Donation5 and gifts Gr(snts 175 l.L94 24.092 1.440 193 1.317 843 593 80 39 33 223 206 292 49 337 25,676 5,466 31 Costs of generating trading income The Lemington Centre Pre-school Gym and class admission Flental of premises Other troding income 8,823 3,359 5,797 1.077 6,910 4,055 6.993 1.301 9,731 3,705 6.394 1.188 4,382 1,668 2.879 535 287 109 188 35 1.648 627 L.083 2Ql 2.154 820 1.415 263 2.491 948 1.637 304 229 87 151 28 36.655 15.378 26.537 4.932 Charitable o¢tivities Health Improvernent Health Promotion Zoneworks 104,586 173.973 100,366 64,494 23,798 28.706 76.969 58,961 26,248 34.752 26,552 11,820 2.283 1.737 773 13,033 9,984 4.444 17,035 13,049 5.809 19,702 15.092 6,719 1,817 1.392 620 444,150 291.627 108.937 TOTAL SUPPORT COSTS 249.175 311.964 184.706 84.024 5.531 31,276 41.043 47.279 4.360 959.358 Eoch cote90ry of support cost is first ollocuted to the line of artivity it directly supports. ond then the SIdUal is split ocros5 the lines of activity bosed on the apportionment method employed by the entity. The apportionment method foreach cutegory of support cost is the percentage of income associ(rted wTth each line of activity. Supporting people of oll oges to INe longer. heolthier ond happier lives rr, I,FYIg1* www.hÈalthworksnÈ org.uk 26
Healthworks the community health charity Notes to the f inancial statements continued 8. Staff costs The total staff costs and employee benefits for the reporting period ore onolysed as follows.. Direct cost £ Support cost £ 2024125 2023124 Gross wages and salaries Employers national insurance Employers pension 1,175,772 88.565 22.816 563.980 46.716 12.358 1.739,752 135,281 35,174 1,823.787 139.248 36.864 TOTAL STAFF COSTS 1,287,153 623,054 1.910.207 1.999.899 The overoge monthly number of employees during the year was as follows: Direct stc Support staff 2024125 2023124 Heolth Improvement Health Promotion Zoneworks Other 23 24 23 26 21 22 li 35 22 28 TOTAL EMPLOYEES 57 24 81 89 One employee CeiVed employee benefit5 of more thon £60.000 during the yeur12023124.' nill. The value of these benefits was between £60.000 and £65.000. The Memorondum of As50ClQtion prohibits the Trustees from receiving a sulury or ony other finonciol benefit from their role. There We no Trustees. remunerotion, other benefits. or expenses paid lor the year ended 31 M(yrch 202512023124.. nill. The Key Munagernent Personnel of the chority comprises the Trustees ond the Executive Teum (being the CEO, the Deputy CEO. the D1clOr of Heolth Promotion. the Director of Health ImproverTrent, ond the Dirertor of Finonce and Business Developmentl The total employee benefits of the Executive Teom were £232,86912023124.. £223,702). 9. Net income Net income is stated after charging.. 2024125 2023124 Auditor's remunerotion comprising.- Audit of the financial stotements 6,150 4,360 Depreciation Impairment arising from revoluation of long leosehold Operating lease of plant ond mochinery 41.784 57.240 526,302 2.295 260 Supporting people of all Oges to INe longer. heolthier and happier lives www.heolthworksne.org.uk 27
Healthworks the communbty health chority Notes to the f inancial statements continued 10.Tangible fixed assets Long Leasehold £ Plant & Machinery £ Fixtures & Fittings £ Computer Equipment £ Total £ Cost At l April 2024 Additions Disposals Revaluation 687,985 58,207 21.742 55.143 9.320 74,877 10,546 14.9261 876,212 41.608 14,9261 At 31 March 2025 687.985 79.949 64.463 80,497 912.894 Depreci(rtion At l April 2024 Charge for the year Disposols Revoluotion 162.9851 115.6251 127,8041 16,27 11 121,9551 15,3361 137.5691 114,5521 3,825 1150.3131 141,7841 3.825 At 31 March 2025 {78,6101 {34,0751 127,2911 48.296 1188.2721 Ca in omount At 31 Morch 2025 609.375 45.874 37.172 32,201 724.622 At 31 March 2024 625,000 30,403 33,188 37.308 725,899 All tongible fixed assets are held for the purposes of the churity. The Heulth Resource Centre has a legal charge on its preFnise5 between the Charity. Newcastle City Council. and the Secretary of State for Health. This legal charge ploces on obli90tion to the Charity to return gront funding to Newcostle City Council ond the Sectary of State for Heolth in the event thot the Health Resource Centre is no longer to be used ftir the furtheronce of the charitoble objectives os set out in the Charity'5 goveming documents. The omount of grafit funding to be tUrned in this event is £1,255,000. The Lemington Centre is held on a short leasehold and is therefore not copitolised. The landlord has elerted not to chctrge rent. The volue of ony deemed rent hos not been estimated and is not included the ctcctsunts tss either income or expenditu on the 9rounds of immoteriolity. Supporting people of oll oges to live longer. healthiei ond hoppier Irves www.heo1thw0Sne.Or9.uk 28
Healthworks the cornffiunity heolth charity Notes to the f inancial statements continued 11.Debtors 2024125 2023124 Trade debtors Other debtors Prepoyments and occrued income 42,149 8,447 60,929 111.525 61,873 31,416 93.289 12.Creditors: amounts falling due within one year 2024125 2023124 Trode creditors Other creditors AccrLJols and deferred income Amounts due to HMRC & pension provider in respect of payroll Amounts due to HMRC in respect of VAT 31,398 41,092 438,705 30,568 41,002 582,765 24.038 39.074 471,944 36,446 61,446 632,948 Included within creclitors is on omount of £382,79012023124.. £431.5871 relcrted to deferred income wheE controct income hos been received in advclnce of service delivery. The full arnount of £431.587 hos been releosed to the SOFA frorn the previous accounting period und contract income totalling £382.790 hos been deferred ot the end of the current accounting period. 13.Pensions and other post-retirement benefits The Chority offers a def ined contribution pension scheme to oll employees. It hos never offered a defined benefit pension scheme. As such, there is no ongoing obligation beyond the omount recognised in the SOFA as an expense for employer contributions to the scheme of £35.137 12023124.. £36,864). Further detoils of the scheme offered are availoble at eo les ension.co.u Supporting people of all oges to INe longer. heuFthier ond hoppier lives www.heolthworksne.org.uk 29
Healthworks the community heolth chority Notes to the f inancial statements continued 14.Anolysis of charitable funds At l April 2024 £ At 31 March 2025 Income £ Expenditure £ Reva5uotion £ Unrestricted funds Generol funds 1.561.291 2.217,398 12.233,1071 1.545.582 Restricted funds Adelaide Terrace Fund Health Champion Development Fund Holiday Activity Fund Preschool Inclusion Fund PURE-EX Stroke Groups Targeted Lung Health Programme Useful Vision Volunteer Programme Other Total restricted funds 8.571 iiooi 8,471 9,800 18.9261 874 22,674 18,423 17,836 24.885 17.0311 112,0411 115.8681 122.5001 128.3881 114.1521 141,3921 12,4091 1152,807) 15,643 6.382 1.968 2.385 30.000 1.612 39.417 55,711 5,000 232,317 25,265 14.319 2.591 79.510 At l April 2023 £ At 31 March 2024 Income £ Expenditure £ Revaluation £ Unrestricted funds General funds 2,036.253 2.511.430 12.460.090) 1526.3021 1,561,291 Restricted funds SupportiThJ wple of all oges to live longer. healthier ond happier Irrfes www.heolthworksne org uk 30
Healthworks th¢ community health £hur4ty 15.Analysis of net assets between funds Unrestricted funds Restricted funds Total funds 2024125 £ Tangible fixed assets Current assets Current liabilities Total net assets 724,622 1.401.913 1580,953 1.545.582 724,622 1,483.235 1582.765 1.625.092 81.322 11,8121 79.510 2023124 £ Tongible fixed ossets Current ossets Current liobilities Total net assets 725.899 1.468,340 1632,9481 1,561,291 725,899 1.468,340 632.948 1.561,291 16.Related parties Healthworks used Cheviot Insurance Services Ltd1#093036791 os an insurance broker in February 2024. Mr joel Hanoch Marks was both a person with significant control of that entity and a Trustee of Heolthworks until 29 October 2024. when he resigned from Cheviot Insurance Services Ltd. Healthworks reviews its insurance requirements annually and Mr Marks was not involved in the then decision to renew the relationship with Cheviot. nor in the subsequent selection of which insurance product was purchosed through Cheviot. Healthworks paid Cheviot £15.756 in February for insuronce services. A portion of this payment was prepaid and released during the reporting period. The value of the insurance services releosed in the reporting period wus £11,355. No payments were made to Cheviot during the reporting period. and no balance wos payoble at the reporting date. There were no other related party transactions during the year ended 31 March 2025 to report. 17.Events after the Reporting Period D Creighton resigned as o Trustee on l April 2025. T G Richards and D G Tempest were both appointed as Trustees on 20 May 2025. Supporting people of oll ages to live longer. hetslthier happier Irves www.heolthworksne.org.uk 31
Healthworks the community heolth charity www.healthworksne.org.uk 0191272 4244 enquiries@hwn.org.uk 00000 Supporting people of ull ages to live Fonger. heathier ond htsppier lives www.healthworksne org.uk 32