Charity registratlon number 1051657
Company registratlon number 02990425 (England and Wales)
AMBLE DEVELOPMENT TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

AMBLE DEVELOPMENT TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
RA Henderson
PH Rigby
C Weir
DG S,Nickalls
L Morelli
T Clark
C Armstrong
. W Amstrong
J Carruthers
M Bond
JM Dunn
J Hoskin
(Appointed 19 April 2023)
Secretary
J Aston
Charlty number
1051657
Company number
02990425
Prlnclpal address
Foumays 2
Dilston Terrace Amble
Morpeth
Northumberland
NE65 ODT
Independent examlner
Robson Laidler Accountants Llmited
Femwood House
Femwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
England
NE2 1TJ

AMBLE DEVELOPMENT TRUST
CONTENTS
Page
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
10
Notes to the financial statements

AMBLE DEVELOPMENT TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial ststements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's goveming document, the Companies Act 2006 and "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard.applicable in the UK 8nd Republic of Ireland (FRS
102)" (8ff&ctiv& 1 January 2019).
Chairman's report
Once again as chairman may I take this opportunity to welcome you to theAmble Development TrustAnnual Report
in the year that we celebrate 30 years of regeneration in the town. I thought this would be a good time to recap on
the many projects that have been completed over the intervening years.
From the early years (before my time as Chair) when the Trust was 'housed' In the Harbour office and the first
project of armouring Harbour Road, then the new pier, through to the town square and Queen Street refurbishment.
The old Fourways public house and FOU￿ayS 2 new office accommodation, former Co-op building that now houses
3 retail units and 4 affordable houses, welfare refurbishment and childrens play area, the Harbour Mllage, Seafood
Centre 8nd lobster hatchery and Bord Waalk, not to mention the many community based projects including the
much loved Ambler newspaper. Warklng with partners these are just some of the changes and developments that
the town has gone through, hopefully all having contributed to making a positlV8 difference,
Last year I welcomed new trustees to our board, this year we welcome new staff members.
Matthew Connolly, who some may know for the sterling work he does 8s a volunteer with Amble Youth Project has
jolned Trust staff following in the footsteps of Andrew Gooding. Andrew left at Christmas to take up a new role in
Hexham. And we have John Lee now working in the Seafood Centre. We welcome you both to the Trust.
Objectlves and actlvltles
The objectives of the trust are to regenerate Amble by taking 8 lead In most aspects of economic, social and
community regeneration in partnership with other agencies and to provide the conditions and Infrastructure for the
restoration of communlty 8elf confidenc8, self esteem and economic prosperity.
Publlc beneflt
The Trust contlnues to provlde a range of service8 for public benefit in the form of affordable housing, employment
counselling, media and IT projects as well as operating sports and leisure facllitie5. In addition through the operation
of the Lobster Hatchery and rearing of juvenile lobsters we are ensuring a sustainable fishery that benefits the.wid&r
community in the longer term.
The trustees have paid due regard to guidance issued by the Charty Commission in deciding what activities the
charity should undertake.

AMBLE DEVELOPMENT TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Activities
The Welfare park:
The new rubber crumb floor base has been installed in the children's play park. The rubber crumb was paid for by a
grant from S106 money from NCC (contributions from local development projects). However. we are still waiting for
a start date for the Playzone.
We have also just completed an extension to the storage compound. The teams using the pavilion required
addrtional storage for their equipment plus we hop@ to have a small storage container there for orchard equipment.
The hedging to protect the orchard was planted early March and the fruit trees towards the end of the month. There
is a mix of apple, pear, plum and cherry trees. The fruit will be available to anyone so we hope the area will be
respected as a comrriunlty asset.
We are still waiting for more information from NCC on the new High School dev&lopment. As the current plans
include passage across the welfare from th8 old site which will still be used as a car park and drop off point to the
new site, we welcome contact to discuss how thi8 will work and to see if we can negotiate use of the c8r park for our
football teams at weekends and evenings for matches and training. This will be beneficial to the teams and
residents of nearby streets where parking is provlng an issue.
Reg8neration & Physical Development..
The physical aspect of Bord Waalk sculpture trail is now complete. We were honoured to have the official opening
ceremony carried out by His Royal Highness The Duke of Gloucestar on a be8uliful sunny day last June. There
were security and time constraints that meant we couldn't advertise the opening as widely as we would have
preferred to ensure the community were aware but we had to follow the procedural rules of the Royal Household.
That said many of the artists, children and organisations who had taken part in various ways attended 8nd enjoyed
the sunshine, meeting The Duke and savouring the refreshments afterwards. So, it all turned out to be a glorious
day enjoyed by many. And from our monitoring we know that m8ny locals and vlsitors alike are enjoying walking the
trail.
With our updated Investtnent Plan complete we would like to thank the many people, groups and business8s who
took part and shared their ideas. This plan has already been usod.lo provide evidence of need for funding
applications and we will continue to develop applications based on its content wherever possible.
Amble Town Council have initiated the first steps of communty engagement for a Neighbourhood Development
Plan (NDP). Having hosted a me&ling to determine interest they have now set a deadline dale for anyone wishing to
be involved to come forward. It is now down to the community to take this further - without that involvement the plan
that has been asked for will simply not happen.
Housing development remains an issue which could perhaps have been avoided had a NDP happened sooner,
however we have to work with what we have.
We have taken part in govemment funded workshops related to community housing, that are to report back on thelr
findings. Our view is that affordable homes and Section 106 money should be kept in the area of devdopment.
Affordable homes could be managed by organisations similar to the Trust who have existing policies to ensure
members of the local community {living or working in the town or have a close family relationship) most in need are
glven first option on any available property.
We have 4 affordable units and all have been tenanted since they were complete - all by local people who work in
the town. Having this source of income aids the Trust to carry out more projects and regeneration wo rks in the town,
so everyone benefits.
The Seafood Centre Is currently undergoing an internal layout change. Staffing hours were reduced over the wlnter
months due to reduced footfall and the halchery equipment dismantled in a bid to reduce energy bills. All will be
replaced in the reshuffle to make the layout more user friendly. Given the value the hatchery has as a conservation
project and visttor attraction we remain fully supportive of the initiative.

AMBLE DEVELOPMENT TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Ambler:
This continues to play a major role in keeping the community infomied of local news and happenings. The
publication highlights newsworthy issues as well as taking on challenges identified by the community and being a
source of local information. We are grateful to the dedicated team of volunteers who work alongside the editor and
give so freely of their time in orderto bring the bimonthly newspaper to your door.
Achlevements and performance
Financial support:
Financial ye8r 2023 -2024 saw our core income mainly dependent upon our own income generation, with some
additional funds gained through project management.
Rental income from office, retail and housing accommodation are our main sources of income and allow the Trust to
contribute in excess of £70k into the community annually through various projects and resources.
other financial support has come in the fomi of grants from the Coastal Communities Fund, Arts Council,
Northumberland County Council, Amble & Warkworth Rotary, Co-op Community Fund, Community Foundation and
also p&rsonal donatlons to The Ambler.
Vve offer our thanks to all funders for their continued support.
Flnancial review
The trusteas aim to have unrestricted funds not committed or invested in tangible fixed assets held by the charity of
between 12 and 18 months of the core costs expended (net of rental income). This equates to £140k to £21 Ok. At
this level the trustees feel that the charity would be able to continue in the event of delays in oblaining funding.
Total incoming resources jumped to £250,454 (2023.. £198,847) largely due to the grant funding received from the
Coastal Communilles Fund and Northumberland County Council. Expenditure increased to £262,442 (2023:
£259,041) as work continued on the bord trail. and children's play area An overall deficit of £11,988 (2023: £60,194)
was recorded.
Reserv&s at the year end stood at £2.503,374 {2023'.£ 2,515,362) of which £278.581 (2023.. £244,979) is classed as
free reserves. This level of free reserves is in excess of the charity target level however is expected to reduce in the
202412025 financial year dua to the current ongoing projects..
Risk management
The trustees have a duty to identify and review the risks to which the charty is exposed and to ensure appropriate
controls are in place.to provide reasonable assurance against fraud and error.

AMBLE DEVELOPMENT TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future perlods
The next few months will determine whether the town council progresses a Neighbourhood Development Plan - if
this goes ahead we will offer as much asslstance as requested.
In the Investment Plan. arts and the creative sector featured heavily. This is a growlng Industry and one that
appears to be capturing the attention of many in the town through Drywater Arts community based workshops and
Ihe exhibitions and Crit sessions being run at the Dovecote Centre. There is a lot more to explore and we are
already in conversation with the Cultural and Regeneration Officers at Northumberland County Council to see what
opportunities could present themselves in funding terms.
Matthew's role as chair of Amble Youth Project. and as a govemor at James Calvert Spence College present
opportunities to link up to support. our young people that open up new opportunities in this sector.
It's all about working with and joining up the different organisations to create scaled opportunities rsther than
disparate groups competingl
Taking our experience of high street properties where we have lost on8 tenant but h8ve had several anquiries for
the property it looks as though Amble is still attracting investment. It is obvious that the nature of high streets is
changing with more businesses provlding service8 that cannot be bought online, but we still have very few vacant.
premises.
We have recently taken part in a government backed consultation on housing and how organisations such as the
Trust could fund their purchases as it becomes obvious that organisations that are based in the community and
have policies that support tenancies to keep homes for the local workforce wherever possible ( affordable 15 based
on local salaries) helps further investment in communities.
The objectives of the Trust remain to assist the town to achieve its potential to this end we will continue to explore
opportunities and working partner arrangements to achieve this goal to ensure we can carry on enhancing our town
for the benefit of all.
Once again, I would like to reglster my thanks to the Trust offlcers for their hard work, and to the Management
Committee, trustees, colleagues, funders, supporters, and the community for continued support, with additional
thanks to the many volunteers within the community who come fomard and give 80 generously of their tim6. Amble
truly knows the meaning of support, care and community spirit.
Structure, governanca and management
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
Amble Development Trust is a compsny limited by guarantee. set up on 2 November 1994 and its goveming
document is its Memorandum and Articles of Association. It is registered as a charity with the Charity Commission.
Every member of the charity undertakes to contrlbute such an amount as may be required (not exceeding £1) to the
charity's assets if it should be wound up while he or she is a member, or within one year after he or she ceased to
be a member.

AMBLE DEVELOPMENT TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements were:
RA Henderson
PH Rigby
C Weir
DG S Nickalls
L Morelli
T Clark
C Armstrong
W Armstrong
J Carruthers
M Bond
JM Dunn
J Hoskln
(Appointed 19 April 2023)
Recruitment and appolntment of new trustees
The directors of the company are also charity trustees for the, purposes of charity law. Under the requirements of Ihe
Memorandum and Articles of Association, the trustees serve for a three year period by rotation and may be re-
elected for a further three year period at each annual general meeting.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
Organlsatlonal structure
The charity is managed by the Management Committee. The number of trustees is restricted to a maximum of
fifteen, with the make-up of the representatives required to fulfil the criteria Set out in the Memorandum and Articles
ofAssociation, to ensure adequate representation of all areas of the community.
Amble Development Trust proflle remalns largely the same with Matthew Connolly joining the Trust team.
Anna Williams has continued to deliver The Ambler and Julie Lilburn carries out Trust administration as well as
being availabl8 via email to assist wilh CV 's and job-related enquirles.
Sandy Hlgson AKA The Mad Jam Woman provides the preserve maklng expertlse and continues to make Pride of
Northumbrla range of preserves.
Julia Aston and Matthew Connolly carry out day to day management duties, slrategiclpolicylbudgevbusiness
planning and asset managemenl, as well as actlng as the Trusts representatives on variou8 committees.
ADT Northumbarland Ltd the Trus13 Irading am employs the Lobster H8tchery staff, alongside the Harbour Village
staff.
In tenns of profile, we continue as m8mbers of Locality and participate within FONDT activities (Federation of
Northumberland Development Trusts).
Inductlon and tralnlng of new trustees
Most trustees are already familiar with the practical work of the charity. Additionally, new trustees are invited and
encouraged to attend a'series of short meetings with some of the existing trustees to familiarise themselves wilh the
charity and the context within which it operates. These cover..
The obligations of board members.
- The main documents which set out the operational framework forthe charily.
Resourcing and the current financial position as set out in the latest published accounts.
Future plans and objectives.

AMBLE DEVELOPMENT TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT} (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, repo
as approved by Ihe Board of Trustees.
PH Rigby
Trustee
Date..

AMBLE DEVELOPMENT TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AMBLE DEVELOPMENT TRUST
I report to the trustees on my examination of the financial statements of Amble Development Trust (the charity) for
the year ended 31 March 2024.
Responslbllltles and basis of report
As the trustees of the charity (and also its directors for th6 purposes of company law) you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 20C6 (the 2006
Act)
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's
financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my
examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b)
of the 2011 Act.
Independent examlner's Statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the
Assocation of Chartered Certlfi8d Accountant, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to b81ieve th8t in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act. or
the financial statements do not accord with those records-, or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination- or
the financial statements have not been prepared in accordance with the methods and principles of the
statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aTh
Republic of Ireland (FRS 102).
I have no concems and have come across no other matters in connection with the examination to which attention
should b drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Nicholas Cunningham FCCA
Robson Laidler Accountants Limited
Femwood House
Femwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1TJ
England

AMBLE DEVELOPMENT TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
CurrentflnanGlal year
Unrestricted
funds
2024
Restricted
funds
2024
Totsl
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Other trading activities
Other income
1,737
111,998
3,230
133.489
135,228
111,998
3,230
80,960
112,120
5,767
Total Income
116.965
133,489
250,454
198,847
Expenditure on:
Charitable activities
85,171
177,271
282,442
259,041
Totsl exp8ndlture
85.171
177,271
262,442
259,041
Net Incom81{expendlture) and movement In funds
31,794
(43.782)
(11,988)
(60,194)
Reconclllation of funds:
Fund balances at 1 April 2023
.2,471,580
43,782
2,515,362
2,575,556
Fund balances at 31 March 2024
2.503,374
2,503,374
2.515,362
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

AMBLE DEVELOPMENT TRUST
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prlor financlal year
Unr8Stricted
funds
2023
Restrlcted
funds
2023
Total
2023
Notes
Income and 8ndowments from:
Donations and legacies
Other trading activities
other income
2,670
112,120
. 5.787
78,290
80,960
112.120
5,767
Total Income
120,557
. 78,290
198.847
Expendlture on:
Charitable activities
129.868
129,375
259,041
Total expendlture
129,666
129,375
259,041
Net income and movement In funds
(9,109)
(51,085)
<60,194)
Reconciliation of funds:
Fund balances at 1 April 2022
2.480,689
94,887
2,575.556
Fund balances at 31 March 2023
2,471,580
43,782
2.515,362

AMBLE DEVELOPMENT TRUST
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangiblo assets
Investments
12
13
2,224,793
2,226,601
2,224,795
2,226,603
Current assets
Debtors
Cash at bank and in hand
14
2.248
297,979
24,423
290,075
300,227
314,498
Creditors: amounts falling due within
one year
15
(21,648)
(25,739)
Ngt current assets
278,579
288,759
Total assets legs current Ilabllitios
2,503,374
2,515,362
The funds of the charity
Restricted income funds
Unrestricted funds
16
43,782
2,471,580
2,503,374
2,503,374
2,515,362
The company is entitled to the exemption from the audit requirement conlained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2008
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an aud(t of its finanaal statements for the year in question in
accordance with section 476.
These financial slalemenls have been prepared in accordance with the provisions applicable to Companies subject
to the small companies regime.
The financial st
nts were approved by the trustee5 on ...
PH Rigby
Trustea
Company registration number 02990425 (England and Wales)
10-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policles
Charlty Infomiatlon
Amble Development Trust is a private company limited by guarantee incorporated in England and Wales. The
registered office is included on the company information page.
1.1 Accounting convention
The financial statements have been prepared in accordance wth the charity's governing document, the
Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland. (°.FRS 102°) and the Charities SORP "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Stst￿ent of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the neare8t £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
Preparatlon of consolidated finanGlal statements
The financial statements contain information about Amble Development Trust as an indivldual company and
do not contain consolidated financial information as the parent of a group. The charily is exempt under Section
399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
1.2 Golng concern
At the time of approving the financial statements, the trust8es have a reasonable expectation that the charlty
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectNes.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4 Income
All income is recognised in the Statement of Financial Activities On￿ the charity has entitlement to the funds,
it 15 probable that the income will be received and the amount can be measured reliably.
1.5 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classtfied under headings that aggregate all cost related to the category. Vvhere costs cannot be
directly attributed to particular headings they have been allocat&d to activities on a basis consistent with the
use of resources.
11

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued
1.6 Tangibl8 fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
not provided
40A straight line
250h reducing balance
250A reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference belMe&n the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Fixed asset inv8Stm8nts
Investments are stated at cost in the accounts.
1.8 Impalrment of flxed assets
Prop&rty, plant and equipment are reviewed for impairment if events or changes in circumstances indicate that
the carrying amount of such assets may. not be recoverable. If there is an indicatlon of possible impaimient.
the recoverable amount of any affected asset is estimated and compared against its carrying amount. Vvhere
the estimated recoverable amount is lower, 8n impairment loss is recognised immediately in profit and1055.
1.9 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three month8 or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilitles.
1.10 Taxation
As a charity, the company is exempt from tax on income and gains to the extent that these are applied to
charitable objects. No tax charges have arisen in the charity.
1.11 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate th8 employment of an employee or to provide temiination benefits.
1.12 Retlrement beneflts
The charitable company operates a defined contribution pension scheme. Contributions payable to the
Charitable company's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
1.13 Debtors
Trade debtors are recognised at the sewement amount due after any trade discount offered. Prepayments are
valued at the amount prepaid after taking account of any trade discounts due.
-12-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policles
(Contlnued)
1.14 Credltors and provlslons
Creditors and provisions are recognised wher& the charrty has a present obligation resulting from a past event .
that will probably result in the transfer of funds to a third party and the amount due to settlethe obligation can
be measured or estimated reliably. Creditors and prowsions are normally recognised at their settlement
amount after allowing for any trade discounts due.
Crftlcal accounting estimates and Judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimales
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience 8nd olher factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognisad in the period in which the estimate is revised where the revision affects ¢Jnly that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Income from donatlons and legacles
Unrestricted Restricted
funds
funds
2024
2024
Total Unrastricted Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
Government agencies
1,737
1,737
133,489
2,870
2,670
78,290
133,489
78,290
1,737
133,489
135,226
2,670
78,290
80,960
Grants receivable for core actlvltles
Northumberland County
Council - Bord Waalk
Community Foundation
Northumberland County
Council - Welfare project
58,125
2,510
58,125
2,510
78,290
78,290
72,854
72,854
133,489
133.489
78,290
78,290
13-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from other tradlng actlvltles
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Rent received
Advertising
103,088
8,910
102,754
9,366
other trading activitie8
111,998
112,120
Expendlture on charltable actlvltles
Charitsble
Actlvltl8s
2024
Charltable
Actlvltles
2023
Dlrect Costs
Staff cost8
Depredatlon and Impairment
Rent, rate8 and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundrie8
Dlrect costs
Repalrs and renewals
Legal and professional fees
Bank charges and loan Sntere8t
Management charges
49,881
. 7,342
3,429
9,113
21,873.
1.442
10,080
6,867
83,216
16,889
4,400
292
9,400
47.578
7,726
2,923
7,608
19,783
1,326
9,233
6.339
8,565
20.361
4,717
306
224,224
136.445
Grant funding of activities (see note 6)
36,323
121,000
Share of support and governance costs (see note 7)
Govemance
1,895
1,596
262,442
259,041
Analysls by fund
Unrestricted funds
Restricted funds
85.171
177.271
129,666
129.375
262.442
259,041
14.-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
Charltable
Activities '
2024
Charltable
Activities
2023
Grants to individuals
36,323
121,000
Support Costs allocatsd to actlvltles
2024
2023
Govemance costs
1,895
1,596
Analysed betwaen:
Charftable Actlvities
1,895
1,596
2024
2023
Governance costs compr188:
Independent examiners fees
1,895
1,598
1.895
1,598
Net movement In funds
2024
2023
l The net movement in funds is stated after charglngl(credltlng):
Depreciation of owned tsngible fixed assets
7,342
7,727
Trustees
None of the trustees (or any persons connected wtth them) received any remuneration or benefits from the
charity during the year.
The charity paid £4.400 (2023: £4,167) to Nickalls Accountants Limited for bookkeeping and other accounting
services during the year. DGS Nickall is a director and member of this company.
No trustee or other person related to the charity had any personal intere8t in any other corrtracts or
transactlons entered into by the charlty durfng the year (2023: £NII).
15-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Charitsble activities
Management and administration
Total
Employment costs
2024
2023
Wages and salaries
Social security costs
other pension costs
46,413
3,131
337
43,986
3,255
337
49,881
47,578
Amounts paid to key management personnel in the year totaled £24,350 (2023: £24,503).
There were no employees whose annual remuneration was more than £60,000.
11 Taxatlon
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Tanglble fixed assets
Freehold land
and bulldlngs
Plant and Flxtures and
equlprnent
flttlngs
Computerg
Total
Cost
At 1 April 2023
Additions
2,120,026
137,769
5,534
59.817
82,660 2.400,282
5,534
At 31 March 2024
2,120,026
143,303
59,817
82,650 2,405,796
Depreclatlon and Impairment
At 1 April 2023
Depreciation charged in the year
36,401
6,040
56,005
963
81.255
349
173,661
7,342
At 31 March 2024
42,441
56,958
81,604
181,003
Carrying amount
At 31 March 2024
2.120.026
100,862
2,859
1,046 2,224,793
At 31 March 2023
2,120,026
101,368
3,812
1,395 2.226.601
16-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Tangible fixed assets
(Contlnued)
Land known as Amble Welfare was legally transferred to the trust during the 200516 year from the local
authority. This land is a recreation ground for the enjoyment of the people of Amble. This asset has not been
valued in the accounts, given the difficulties in establishing a market value, as is permitted by the SORP. In
addition, the Town Square was also transferred to the Trust in 2000. Again, due to the difficulty in establishing
a market value, no value has been given to this asset in the accounts.
13 Flxed as8et Investments
Other
5nvastments
Cost or valuation
At 1 April 2023 & 31 March 2024
Carrying amount
At 31 March 2024
At 31 M8rch 2023
2024
2023
Other Investments comprise..
Notes
Investments in 8ubsidiarie8
14 Debtor8
2024
2023
Amounts falllng due wlthln one year:
Trade debtors
Amounts owed by fellow group undertaking8
Other debtors
Prepayments and accrued Income
387
5,453
9,517
118
1,765
9.453
2,248
24,423
15 Creditors: amounts falllng due wlthln one year
2024
2023
other taxation and social security
Trade creditors
Amounts owed to fellow group undertakings
Accruals and deferred income
7,276
4,096
1,151
9,125
7,044
10,372
8,323
21,648
25,739
17.-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Restrlcted funds
The restricted, funds of the charity comprise the unexpènded balances of donations and grants held on tW8t
subject to specific conditions by donors as to how they may be used.
At 1 April
2023
InGomlng
resources
Resources At 31 March
expended
2024
Bord Waalk
Community Found8tlon
Welfare project
43,782
58,125
2,510
72,854
(101,907)
(2,510)
(72,854)
43.782
133,489
(177,271)
Previous year:
At 1 April
2022
Incomlng
resource8
Resources At 31 March
expended
2023
Bord Waalk
94,867
78,290
(129,3751
43,782
Bord Waalk Fund
This represents funding 'received for the development of a coastal bird sculpture trail along the Amble
coastline.
Communlty Foundatlon
This represents funding received to upgrade IT equipment to support the running of the local Comm￿ltY
newspaper.
Welfare project
This represents funding received towards improvements to the children's play ar8a.
17 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been sel aside out of unrestricted funds by the trustees for specific purposes.
. At 1 April
2023
Incomlng
resources
Resourc88 At 31 March
expended
2024
Capital reserve
General re5ep4e
2.226.601
244.979
5,534
111.431
(7,342)
(77.829)
2,224,793
278,581
2.471,580
116,965
(85.171)
2,503,374
18-

AMBLE DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Unrestricted funds
(Continued)
Prevlous year:
At 1 April
2022
Incomlng Resources At 31 March
resources
expended
2023
Capital reserve
General funds
2,233,951
246,738
(T.350) _2.226,601
(122,316)
244,979
120,557
2.480,689
120,557
(129,666)
2.471,580
18 Anaty818 of net assets between funds
Unre8trlcted
funds
2024
Re8trlcted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Investments
Current assetsl(liabilitiè8)
2,224,793
2,224,793
278,579
278,579
2,503,374
2,503,374
Unr88trlcted
fund8
2023
Re8trlcted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Investments
Current assetsl(Ilabllitie8)
2,226,601
2,226,601
244,977
43.782
288,759
a,471,580
43.782
2.515,362
19 Relatsd party tran88ctlons
' At the year end there was a balance of £1,151 owed from, AC)T Northumberland Limited (2023: £9,517 owed
toADT Northumberland ￿rnited), the subsidiary of the charity.
20 Legal status of the Trust
The Trust is a company limited by guarantee and has no share capital. In the event of the charity being wound
up. the liability in respect of the guarantee is limited to £1 per member of the charty.