|||Page||
|---|---|---|---|
|Reference aad Administrative
Details||||
|Report ofthe Trustees|2|to|4|
|Independent
Examiner's
Report||||
|Statement ofFinaacial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|8|to|14|
|Detailed Statement ofFinancial Activities||15||
|TRUSTEES|A A EGlenton CBETD DL Chairman|
|---|---|
||E H Lowe OBEDL|
||PJBaker OBE|
||EA Green|
||VBJassal|
||I Moir|
||R Reed (appointed 7.3.23)|
|SECRETARY|JIClyde|
|PRINCIPAL ADDRESS|53 Old Elvet|
||Durham|
||Co Durham|
||DH1 3JJ|
|REGISTERED CHARITY|1059373|
|NUMBER||
|INDEPENDENT EXAMINER|Clive Owen LLP|
||Chartered
Accountants|
||Kepier House|
||Belmont Business Park|
||DURHAM|
||DH1 1TW|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|fund
f|fund
f|funds
f.|fundsf|
|INCOME AND ENDOWMENTS FROM||||||||
|Donations|||||||250|
|Investment
income|||4|33,702||33702|27,104|
|Total||||33,702||33,702|27354|
|EXPENDITURE|ON|||||||
|Raising funds|||5|8,586||8,586|11,675|
|Charitable
activities||||||||
|Grant funding||||32,902||32,902|16,182|
|Other||||3,489||3,489|334)|
|Total||||44,977||44,977|31,098|
|Net gains/(losses)
on investments||||~)54,078|~32,402)|~)06410)|126,479|
|NET INCOME/(EXPENDITURE)||||(165,283)|(32,402)|(197,685)|122,735|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought|forward|||954,869|328,778|1,283,647|1,160,912|
|TOTAL FUNDS CARRIED FORWARD||||789,586|296376|1,005962|1,283,647|
##
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|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund|fund
f.|funds
f|fundsf|
|FIXEDASSETS||||||
|Investments|10|737,581|296,376|1,033,957|1235,607|
|CURRENT ASSETS||||||
|Debtors|I 1|1,644||1,644|1,606|
|Cash at bank||54,086||54,086|50921|
|||55,730||55,730|52,527|
|CRFDITORS||||||
|Amounts
falling due within one year|12|(3,725)||(3,725)|(4,487)|
|NET CURRENT ASSETS||52,005||52,005|48,040|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||789,586|296,376|1,085,962|1,283,647|
|NET ASSETS||789,586|296376|1,085,962|1.283647|
|FUNDS|13|||||
|Unrestricted
funds||||789,586|954,869|
|Restricted
funds||||296,376|328,778|
|TOTAL FUNDS||||1.085 962|1,283 647|
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||||||2023
f.|2022f|
|---|---|---|---|---|---|---|
|Donations||||||250|
|Income trom donations||were KM|(2022:f250) which was unrestricted||in the previous year.||
|INVESTMENT INCOME|||||||
||||||2023|2022|
||||||f.||
|Dividends|and interest|from managed||funds|~33 702|~27 104|
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|Raising donations
and legacies|Raising donations
and legacies|Raising donations
and legacies|||
|---|---|---|---|---|
||||2023|2022f|
|Honorarium|payments||359|399|
|Investment|management|costs|||
||||2023f|2022f|
|Investment|management|costs|8,227|11 276|
##
|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
|Grant Fonding|2023|2022
f||
|South Shields Sea Cadets|5,562|||
|Bernard Castle School CCF|||300|
|Kenton School CCF||1,350||
|Boldon School CCF|||750|
|Durham
ACF|2,445|7,520||
|Cleveland
ACF|2,230|1,949||
|Northumbria
ACF|2,504||100|
|Walker Academy CCF|10,367|||
|Unity City Academy CCF||3,860||
|ATC|670|||
|Trophies|3,029|||
|Jarrow Detachment|150|||
|Queen Elizabeth Sixth Form|900|||
|Darlington
Cadets|1,000|||
|CACF|60|||
|Castleview CCF|140|||
|Cadet Triathlon
Club|3,845||353|
||32,962|16|292|
##
|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
|||Management|costs|Totals|
|||||f|
|Other resources expended||1 743|1,746|3,489|
|Support costs, included|in the above, are as follows:||||
|Management|||||
|Management|||
|---|---|---|
||2023|2022|
||Other||
|||Total|
||expended
f|activities
f|
|Insurance|1,743|1,749|
##
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##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||fund|fund|funds|
|||||||f|
|INCOME AND ENDOWMENTS|||FROM||||
|Donations||||250||250|
|Investment
income||||27,104||27 104|
|Total||||27,354||27,354|
|EXPENDITURE|ON||||||
|Raising funds||||11,845|(170)|11,675|
|Charitable
activities|||||||
|Grant funding||||8,392|7,790|16,182|
|Other||||3,241||3,241|
|Total||||23,478|7.620|21 098|
|Net gains on investments||||108,491|17988|126,479|
|NET INCOME||||112,367|10,368|122,735|
|RECONCILIATION||OF FUNDS|||||
|Total funds brought|forward|||842,502|318,410|1,160,912|
|TOTAL FUNDS CARRIED FORWARD||||954,869|328,778|1,283,647|
##
##
||||||||Listed|
|---|---|---|---|---|---|---|---|
||||||||investments|
||||||||f|
||MARKET VALUE|||||||
||At 1 April 2022||||||1,235,607|
||Additions||||||45,990|
||Disposals||||||(49,683)|
||Revaluations||||||~797,9573|
||At 31 March 2023||||||1,033,957|
||NET BOOK VALUE|||||||
||At 31 March 2023||||||\ 033,957|
||At 31March 2022||||||1,235,607|
||There were no investment||assets outside the UK.|||||
||Cost or vahtation|at 31 March 2023 is represented||by:||||
||||||||Listed|
||||||||investments|
||||||||f|
||Valuation
in 2022||||||7,033957|
|11.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2023|2022|
|||||||f|f|
||Prepayments|||||1,644|1,606|
|12.|CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||||2023|2022|
|||||||f|f|
||Other creditors|||||3,725|4,487|
|13.|MOVEMENT IN FUNDS|||||||
|||||||Net||
|||||||movement|At|
|||||At|1.4.22|in funds|31.3.23|
||||||f|f|f|
||Unrestricted
funds|||||||
||General fund|||954,869||(165,283)|789,586|
||Restricted funds|||||||
||Restricted
funds|||328,778||(32,402)|296,376|
||TOTAL FUNDS|||||||
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended
f|losses
f|in funds
f|
|Unrestricted|funds||||||
|General
fund|||33,702|(44,977)|(154,008)|(165,283)|
|Restricted funds|||||||
|Restricted funds|||||(32,402)|(32,402)|
|TOTAL FUNDS|||33,702|~44 977)|(186,410)|~197,685|
|Comparatives|for movement|in funds|||||
||||||Net||
||||||movement|At|
|||||At 1.4.21|in funds|31.3.22|
||||||f|f|
|Unrestricted|funds||||||
|General fund||||842,502|112,367|954,869|
|Restricted funds|||||||
|Restricted funds||||318,410|10,368|328,778|
|TOTAL FUNDS||||l,3009l2|322,733|I/83,647|
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended
f|losses
f|in funds
f|
|Unrestricted
funds|||||
|General fund|27,354|(23,478)|108,491|112,367|
|Restricted funds|||||
|Restricted
funds||(7,620)|17,988|10,368|
|TOTAL FUNDS|27 354|~31098)|~126 479|122,735|
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.21|in funds|31.3.23|
||||||f|
|Unrestricted||funds||||
|General|fund||842,502|(52,916)|789,586|
|Restricted funds||||||
|Restricted funds|||318,410|(22,034)|296,376|
|TOTAL|FUNDS||1,160,912|~74,9507|1,085,962|
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in fimds
f|
|Unrestricted
funds|||||
|General fund|61,056|(68,455)|(45,517)|(52,916)|
|Restricted funds|||||
|Restricted
funds||(7,620)|(14,414)|(22,034)|
|TOTAL FUNDS|61,056|~76,075)|~59,931)|~74,950)|
##
##
||||for the Year Ended 31M|arch 2023||
|---|---|---|---|---|---|
|||||2023|2022|
|||||f.||
|INCOME AND ENDOWMENTS||||||
|Doaations||||||
|Donations|||||250|
|Investment
income||||||
|Dividends
and interest from managed|||funds|33,702|27,104|
|Total incoming resources||||33,702|27,354|
|EXPENDITURE||||||
|Raising donations
and legacies||||||
|Honorarium
payments||||359|399|
|Investment
management||costs||||
|Investment
management|costs|||8,227|11,276|
|Charitable
activities||||||
|Grant funding||||32,902|16,182|
|Support costs||||||
|Management||||||
|Insurance||||1,743|1,749|
|Governance
costs||||||
|independent
examiner fees||||1,746|1,492|
|Total resources expended||||44977|31,098|
|Net expenditure
before|gains and losses|||(11,275)|(3,744)|
|Realised recognised
gains||and losses||||
|Gains/(losses)
on fixed asset investments||||(186,410)|126,479|
|Net (expenditure)/income||||(197,685)|122 735|