| Page | |||
|---|---|---|---|
| Report of | the Trustees | 1-11 | |
| Report of | the Independent | Auditors | 12 —14 |
| Statement | of Financial Activities | 15 | |
| Balance Sheet | |||
| Statement | ofCash Flows | 17 | |
| Notes to the Accounts | 18-27 |
| Company | registration | registration | number: | 03142447 | |
|---|---|---|---|---|---|
| Charity registration | number. | 1059418 | |||
| Registered | office: | Brignell Road | |||
| Riverside Park Industrial | Estate | ||||
| Middlesbrough | |||||
| TS2 1PS | |||||
| Solicitors: | Endeavour Partnership |
LLP | |||
| Tobias House | |||||
| StMarks Court | |||||
| Teesdale Business Park | |||||
| Teesside | |||||
| TS176QW | |||||
| Bankers: | Barclays Bank Pic | ||||
| PO Box378 | |||||
| 71 Grey Street | |||||
| Newcastle upon Tyne |
|||||
| NE99 1JP | |||||
| Auditors: | Anderson Banowcliff LLP |
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| 3 IGngflsher Court |
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| Bowesfleld Park |
|||||
| Stockton on Tees | |||||
| TS183EX |
| Trustees: | J Baker —Chairperson | |
| NJ Bausor | ||
| J R Bloom | ||
| Fr A Gaunt | ||
| K Gibson | ||
| J Fryett | ||
| GJ Redman | ||
| P Rowley OBE | ||
| Secretary. | NJackson | |
| Ambassadors: | TRiordan | |
| A Bibby | ||
| Key Management | Personnel: | |
| Head ofFoundation | L Edwards |
| East | Tote I | Tote I | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Cleveland | Funds | Funds | |||
| Funds | Funds | Fund | 2023 | 2022 | |||
| Note | E | E | 6 | E | |||
| Income | |||||||
| Donations and legacies | 2 | 340,779 | 525,000 | 865,779 | 3,353,431 | ||
| Income from charitable | activities | 3 | 627,120 | 1,014,160 | 1,641,280 | 1,588,903 | |
| Other trading activities | 4 | 240,122 | 240,122 | 159,887 | |||
| Investment income —Interest received |
64,864 | 64,864 | |||||
| Total Income | 1,272W5 | 1,014,160 | 525,000 | 2,812,045 | 5,102,221 | ||
| Expenditure | |||||||
| Costs ofraising funds | 5 | 147,026 | 147026 | 110779 | |||
| Charitable actndties |
6 | 984950 | 1,014,164 | 481012 | 2,479426 | 2254321 | |
| Total Expenditure | 1,131,276 | 1,014,164 | 481,012 | 2,626,452 | 2365,100 | ||
| Net Income | 141,609 | (4) | 43,988 | 185,593 | 2,737,121 | ||
| Transfers between funds | 19 | (4) | |||||
| Net movement in funds |
141,605 | 43,988 | 185593 | 2,737,121 | |||
| Reconciliation ofFunds |
|||||||
| Funds brought forward at I September | |||||||
| 2022 | 956,135 | 3,536,421 | 4,492,556 | 1,755,435 | |||
| Total funds carried forward at | 17 | 1,097,740 | 3,580,409 | 4,678,149 | 4,492,556 | ||
| 31August 2023 |
| 2023 | 2022 | ||
|---|---|---|---|
| 6 | 6 | ||
| Cash from operating activities |
2,189,646 | ||
| Cash flow from investing activities | |||
| Payments to acquire tangible fixed assets | (45,594) | ||
| Purchase ofinvestments such as stocks or securities |
(500,000) | ||
| Net cash flow provided by (used in) Investing activities |
(545594) | ||
| Change In cash and cash equivalents in the |
year | 362,731 | 2,189,646 |
| Cash and cash equivalents at the beginning |
ofthe year | 3,896,184 | 1,706,538 |
| Cash and cash equivalents at the end ofthe |
year | 4,258,915 | 3,896,184 |
| COSTS OF R | AISING FUNDS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | 2022 | ||||||
| E | E | E | E | ||||||
| Fundra) sing | activities: | ||||||||
| Staff costs | 94.631 | 94,631 | 60,148 | ||||||
| Equipment | and consumables | 44,971 | 44,971 | 34,459 | |||||
| Promotions | 8 Events | 4,317 | 4917 | 14,497 | |||||
| Travel and tours | 2,164 | 2,164 | 1,500 | ||||||
| Other costs | 943 | 943 | 175 | ||||||
| 147,026 | 147,026 | 110,779 | |||||||
| Costs ofraising funds for 2022 | was 5110,779,aIIofwhich | was attributable | to unrestricted. | ||||||
| EXPENDITU | RE ON CHARITABLE ACTIVITIES | ||||||||
| Social | |||||||||
| Education | Sport | Inclusion | |||||||
| encl | and | Health | and | ||||||
| Employ- | Physical | and | Community | Total | Total | ||||
| ability | Activity Wellbelng |
Cohesion | 2023 | 2022 | |||||
| E | E | E | E | E | E | ||||
| Staff Costs | 327,748 | 182,677 | 241,340 | 476,952 | 1W8,717 | 1,271312 | |||
| Equipment | 8 consumables | 15,191 | 6,114 | 14,818 | 43,261 | 79384 | 115,511 | ||
| Travel 8 Tours | 10,646 | 6527 | 32W1 | 50,256 | 50,342 | ||||
| Depreciation | 6,012 | 77~2 | 5,661 | 13,503 | 102,468 | 57,372 | |||
| Premises costs | 26,235 | 118,017 | 22,610 | 97,526 | 264388 | 165,474 | |||
| Training | 7329 | 17,797 | 2,723 | 17,177 | 45,026 | 27,479 | |||
| Events | 9367 | 215 | 9,814 | 19,392 | 38,788 | 45,264 | |||
| Other Costs | 4,794 | 17,652 | 4,715 | 13,393 | 40,554 | 37,025 | |||
| 3G Pitches | Sinking Fund | 36,000 | 36,000 | 36,000 | |||||
| Support costs (see below) | 116,769 | 7,019 | 109,945 | 262,242 | 495,975 | 423,273 | |||
| Governance | costs (note 7) | 23,042 | 1,385 | 21,695 | 51,748 | 97,870 | 25,269 | ||
| 547,133 | 464390 | 439,848 | 1,028,055 | 2979,426 | 2,254,321 | ||||
| SUPPORT COSTS | |||||||||
| Staff costs | 43,865 | 2,637 | 41,302 | 98,513 | 130,065 | ||||
| General office costs | 8,501 | 511 | 8,004 | 19,092 | 29,139 | ||||
| Equipment | 8 consumables | 4,272 | 257 | 4,022 | 9,593 | 12,741 | |||
| Other costs | 290 | 17 | 273 | 652 | 1,134 | ||||
| Events Premises costs |
27,096 32,745 |
1,629 1,968 |
25,512 30,832 |
60,852 73,540, |
126,933 123,261 |
||||
| 116,769 | 7,019 | 109,945 | 262,242 | 495,975 | 423,273 |
| GOVERNANCE | COSTS | ||||
|---|---|---|---|---|---|
| 2023f | 2022f | ||||
| Herlingshaw | Development | Costs | 67,035 | ||
| Staffcosts | 20,700 | 14,400 | |||
| Trustees insurance | 1,307 | 1,689 | |||
| Bank charges | 740 | 680 | |||
| Legalfees | 70 | ||||
| Audit 8 accountancy fees | 8,018 | 8,500 | |||
| 97WO | 25,269 | ||||
| NET INCOME | FOR THE | YEAR | |||
| This isstated after charging:— | |||||
| 2023 f |
2022f | ||||
| Depreciation | 102,468 | 57372 | |||
| Auditors remuneration |
—for | audit | 8,000 | 8,500 | |
| Operating lease rentals |
—equipment | 1,934 | 1,824 | ||
| STAFF COSTS | |||||
| 2022f | |||||
| Wages 8 salaries | 1,321,800 | 1,294,242 | |||
| Socia I Security | costs | 94,053 | 90367 | ||
| Pension costs | 31,748 | 30,474 | |||
| 1,453,600 | 1,415,083 |
| Leasehold | ||||||
|---|---|---|---|---|---|---|
| Land | Fixtures | |||||
| and | anti | Computer | Motor | |||
| Buildings | Fittings | Equipment | Vehicles | Total | ||
| E | E | E | E | E | ||
| Cost | ||||||
| At 1 September | 2022 | 668,176 | 45,003 | 15,918 | 146,637 | 875,734 |
| Additions | 7,270 | 38,324 | 45,594 | |||
| Disposals | (15,920) | (15,920) | ||||
| At 31August 2023 | 668,176 | 52,273 | 38,322 | 146,637 | 905,408 | |
| DeprecIation | ||||||
| At 1 September | 2022 | 510,706 | 22,201 | 11,948 | 14,868 | 559,723 |
| Provided during |
year | 80,136 | 3,900 | 3,972 | 14,460 | 102,468 |
| Disposals | (15,920) | (15,920) | ||||
| At 31August 2023 | 590,842 | 26,101 | 29,328 | 646,271 | ||
| Net BookValue At 31August 2023 |
77~ | 26,172 | 38.324 | 117~ | 259,139 | |
| At 31 August 2022 | 157,470 | 22,802 | 3,970 | 131,769 | 316,011 |
| 2023 | 2022 | ||
|---|---|---|---|
| F. | E | ||
| Listed investments | |||
| DEBTORS | |||
| 2023 | 2022 | ||
| E | E | ||
| Trade debtors | 84,292 | 121393 | |
| Prepayments | and accrued Income | 72,035 | 673,271 |
| Other debtors | 25,463 | 28,248 | |
| 181,790 | 822,912 |
| 15 | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | E | |||
| Trade creditors | 47,288 | 53,582 | ||
| Other taxes 8 social security costs | 27.885 | 32,138 | ||
| Accruals | 22,086 | 12,264 | ||
| Other creditors | 1 | 1 | ||
| Deferred Income |
163,673 | 208,728 | ||
| 260,933 | 306,713 | |||
| 16 | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | ||
| 2023 | 2022 | |||
| E | E | |||
| Deferred income | 44,798 | 55,876 | ||
| Other creditors | 215,962 | 179,962 | ||
| 260,760 | 235,838 |
| Un- | East | |||||
|---|---|---|---|---|---|---|
| restricted | Restricted | Cleveland | 2023 | 2022 | ||
| 6 | E | E | E | |||
| Tangible | fixed assets | 85,962 | 55,866 | 117,309 | 259,137 | 316,011 |
| Investments | 500,000 | 500,000 | ||||
| Current | assets | 825,000 | 152,605 | 3,463,100 | 4,440,705 | 4,719,096 |
| Creditors | falling due within one year | (97,260) | (163,673) | (260,933) | (306,713) | |
| Creditors | falling due after one year | (215,962) | (44,798) | (260,760) | (235,838) | |
| 1,097,740 | 3,580,409 | 4,678,149 | 4,492,556 |