**REGISTERED COMPANY NUMBER: 03208721 (England and Wales) REGISTERED CHARITY NUMBER: 1059761**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **FOR**
## **THE GLENDALE GATEWAY TRUST**
Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
**THE GLENDALE GATEWAY TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
||**Page**|
|---|---|
|**Chair's Report**|1|
|**Report of the Trustees**|2 to 6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9 to 10|
|**Notes to the Financial Statements**|11 to 25|
|**Detailed Statement of Financial Activities**|26 to 27|
**THE GLENDALE GATEWAY TRUST**
## **CHAIR'S REPORT FOR THE YEAR ENDED 31 MARCH 2021**
One of the advantages of being a relatively small organisation is that the Glendale Gateway Trust can be fleet of foot and react quickly to events as they happen. The COVID-19 pandemic has prompted change in many areas of life, and the Trust is not immune to that, but our response has been swift.
I am pleased to report that thus far we have survived and thrived despite the challenges that we have faced. Staff and Trustees have responded with an enthusiasm, flexibility and commitment that is extremely encouraging. Our priorities have remained the same throughout the pandemic: to protect the Trust, to support our tenants and to facilitate recovery in the community.
The Trust remains in a strong financial position, as the report on the accounts demonstrates. Decisive action by staff (who accepted furlough arrangements with good grace) and Trustees, coupled with successful grant applications locally and nationally mean that we have been able to support our commercial tenants who have largely continued their businesses. Residential tenants have been less directly affected, but have also been well supported by staff.
Community involvement has been enhanced by the adoption of the foodbank, which is open to all and continues to meet needs across the area. Social meetings in the Cheviot Centre have perhaps been the area hit hardest. Whilst some have been able to restart, other groups are still not comfortable to do so, or have started and then stopped again. We continue to be flexible in our arrangements in order to facilitate groups meeting safely once again - the hidden harm of isolation and loneliness will be with us for some considerable time.
At the end of the 20/21 financial year we said farewell to Tom Johnston, our CEO for the past 21 years. Tributes to Tom have been paid elsewhere, but it is largely his strength of leadership and commitment to the Trust and the Glendale community that has resulted in us being where we are today. Members and residents alike owe him a great debt of gratitude. We have appointed a new CEO, Karen Froggatt, and we look forward to working with her on the new opportunities and challenges which will undoubtedly occur in the years ahead.
This is my last Chair's report, as having completed the prescribed 3-year term (plus a small extension…) I step down from that position in January 2022. I would like to place on record my sincere thanks to the staff and Trustee team who perform their duties with dedication and integrity. They have taken the many changes and challenges of the past year in their stride, which means we can look forward with confidence and optimism. The work continues.
Patrick Sheard Chair - Glendale Gateway Trust
Page 1
**THE GLENDALE GATEWAY TRUST**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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 and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
The Trust was established to benefit the community of Glendale, in particular through:
Education, in both historical and architectural heritage, and the natural environment.
The provision of facilities for recreation and leisure time occupation.
The improvement of infrastructure and in particular road services in order to improve road safety.
The provision of affordable housing.
Co-operation with other persons or organisations with similar aims.
Under the umbrella of education are listed:
- information about and access to buildings of particular architectural or historical interest, and all aspects of the natural environment.
- assistance for persons to gain employment and schemes where such persons may receive training while in employment.
Within the "Objects" are also listed: The maintenance and management of a multi-purpose community centre, Direct provision of affordable housing accommodation and
The provision of youth hostels or other accommodation to promote health, recreation and education.
## **Summary of the main activities**
The Cheviot Centre: This is the Trust's multi-purpose community centre. Housing: We now have and let out three houses and seventeen flats. The Youth Hostel: Other Activities include:
The annual Glendale Festival, and Farmers Markets
The funding of a Glendale Middle School educational outing/event,
The letting of properties to Hospice Care North Northumberland and to the Wooler Drop-in Centre and
The operation of the Wooler and Glendale food bank.
## **Charity Commission public benefit guidance**
We are required to state that we have paid due regard to the Charity Commission's public benefit guidance. We have done this by our reporting above and below on our charity's purposes, activities and achievements.
Page 2
**THE GLENDALE GATEWAY TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **ACHIEVEMENT AND PERFORMANCE** Cheviot Centre:
The centre provides both office space and halls for day to day hiring.
Current use includes the library, the tourist information centre, the Newcastle building society, the police office, tuition for school children, Savills estate agency, complimentary therapies, the Royal Voluntary Services.
The halls are used for a variety of educational and leisure activities including Yoga, Tai Chi, art and reading for pleasure. (These activities have been greatly curtailed during the last year but we hope are now slowly returning.)
Work is underway to provide a "remote learning suite".
A small "attend anywhere" room has now been added where people can come to access online services for medical consultations.
We have particular regard to the educational offerings at the centre. These include:
lectures to the local history society, seminars for the camera club , classes for the University of the Third Age, tutors offering direct services to local youngsters, workshops and lectures in association with the Northumberland National Park Authority school holiday activities in association with the library service, business courses and workshops in association with Advance Northumberland, live music and theatre with and from the Highlights Rural Touring Scheme and
the materials for sale at the Tourist Information which include local maps and detailed walking and local history information.
## Housing:
The three houses and seventeen flats are let at "social rent".
In our lettings of some of the properties we give preference to those aged 55 and over, and for some we give preference to the young. In the year to March we have had only one change of tenants suggesting a level of satisfaction with the provision.
## Youth Hostel:
In 2006 the hostel was due for closure by the Youth Hostel Association. Grants from the Northern Rock Foundation and from Northumberland County Council enabled the trust to purchase and to continue to run the hostel.
In 2018 the decision was made that the hostel could be better run independently. The hostel is now run by a Wooler couple and we jointly attempt gradually to improve the facility.
## Other Activities
The annual - free of charge - Glendale Festival is run and organised by an entirely voluntary group. This has been a festival of music and performing arts on Wooler High Street. Last year it did not take place during the Covid restrictions.
The same voluntary group has established and run "Farmers Markets".
The annually funded Glendale Middle School educational outing is due to go ahead this year after a pause last year.
Early on last year we became part of the response team coordinating volunteers and taking on the management of Wooler and Glendale food bank. We have worked with health professionals and the North Food Group network to achieve food deliveries in the area.
Page 3
**THE GLENDALE GATEWAY TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **FINANCIAL REVIEW**
A simplified summary of the Trust's net assets is as follows:
|Fixed Assets
Loans to fund these fixed assets
Net Current Assets (largely cash funds)
Restricted Funds
Unrestricted Funds
Total Funds
The above loans are:
Unity Trust bank
Quaker Trust
Community Bonds
Total Loans|**£**
**2,753,000**
**(179,000)**
**59,000**
**268,000**
**2,901,000**
**54,000**
**49,000**
**76,000**
**179,000**|
|---|---|
The loan repayments which we are committed to pay the 2021/22 year total £7,000. In the following year we are committed to pay £82,000 (this includes the Community Bonds).
As anticipated income from assets was substantially reduced in 2020/2021 as a result of the ongoing pandemic. However, grants (see below), coupled with the flexibility of our staff and the furlough scheme have mitigated any effect on our unrestricted reserves.
At the end of March 2021 the Trust held £268,000 in unrestricted funds.
## **Reserves Policy**
The trust wishes to continue to increase it's reserves in order to:
Meet its liabilities.
Fund the repair and rejuvenation of its assets.
Modify its activities without undue haste and cost, should its income unexpectantly fall. Take any appropriate opportunities in support of the community of Glendale.
## **The charity's principal sources of funds**
Historically the trust has received significant grant funding which has largely provided the housing and other property stock.
The annual income of the trust is now mainly from its housing rents, the Cheviot Centre income, the Youth Hostel rent and other property rents.
In the year to 31 March 2021 grants and private donations have been a major factor.
The food bank, the "remote learning suite" and the "attend anywhere" room (referred to above) have all been funded by grants and donations.
Grants have been received from Northumberland County Council, the Government (the furlough scheme), the Rank Foundation, and donations have been received from other private sources.
Page 4
**THE GLENDALE GATEWAY TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution**
The trust is a company limited by guarantee and not having share capital.
## **Governing documents**
The trust's governing documents are the Memorandum of Association and the Articles of Association.
## **Committee of Management.**
The Company is managed by the Committee of Management.
The maximum number of Committee members ("trustees") is 12.
The minimum number is 5.
The Committee members are elected for a period of three years by the members of the Company at the Annual General Meeting. Committee members will have a maximum of three terms (9 years) with an additional one year in exceptional circumstances.
There are provisions within the Articles of Association for Committee members to be appointed by the Committee.
Page 5
**THE GLENDALE GATEWAY TRUST**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS Charity Number: 1059761**
## **Company Number: 3208721**
## **Registered Office and operational address**
Cheviot Centre, 12 Padgepool Place, Wooler, Northumberland, NE71 6BL
## **Independent Examiners**
Greaves Grindle, Victoria House, Bondgate Within, Alnwick, Northumberland, NE66 1TA
## **Bankers**
Unity Trust Bank, 9 Brindley Place, 4 Oozells Square, Birmingham Barclays Bank, Leicester, LE87 2BB
## **Trustees who have served from 1 April 2020 until the date this report was approved**
**Chair:** Patrick Sheard (Elected member) **Vice Chair:** Julian Bales (Elected member) **Treasurer:** Julian Bales
**Other Elected and Co-opted Trustees:** David Bull (Resigned 13.10.20) Bill Eugster (Resigned 20.01.21) Shirley Mills Cindy Wait Mark Robson (Resigned 22.03.21) Becci Murray (Co-opted 26.10.20 and elected 20.01.21) Siobhan Younger (Elected 20.01.21) Susan Welch (Co-opted 26.05.21) Amanda Worlock (Co-opted 26.05.21) David Hughes (Co-opted 30.05.21)
## **Employed Staff who served during the course of the year**
Tom Johnston (Chief Executive) (retired in May 2021). Rachel Sinton (Administrator and Cheviot Centre Manager) Gemma Douglas (Project Management and Development Officer) Shauna Goulbourne (Caretaker) Mike Hetherington (Accountant)
## **Staff newly appointed**
Susan Mitchell (Projects and administration assistant, appointed July 2021) Karen Froggatt (Chief Executive appointed November 2021)
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 9 December 2021 and signed on its behalf by:
J B Bales - Trustee
Page 6
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GLENDALE GATEWAY TRUST**
## **Independent examiner's report to the trustees of The Glendale Gateway Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Institute of Chartered Accountants in England and Wales 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 believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts 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
4. the accounts 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 and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alan Clark F.C.A. Institute of Chartered Accountants in England and Wales Greaves Grindle Chartered Accountants Victoria House Bondgate Within Alnwick Northumberland NE66 1TA
16 December 2021
Page 7
**THE GLENDALE GATEWAY TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Glendale Gateway Trust activities
Investment income
2
**Total**
**EXPENDITURE ON**
**Charitable activities**
Glendale Gateway Trust activities
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
13
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
**7,365**
**215,264**
**1**
**222,630**
**100,978**
**121,652**
**(37,481)**
**84,171**
**184,204**
**268,375**|Restricted
funds
£
**60,944**
**1,893**
**-**
**62,837**
**119,988**
**(57,151)**
**37,481**
**(19,670)**
**2,652,919**
**2,633,249**|**2021**
**Total**
**funds**
**£**
**68,309**
**217,157**
**1**
**285,467**
**220,966**
**64,501**
**-**
**64,501**
**2,837,123**
**2,901,624**|2020
Total
funds
£
297,784
201,259
3
499,046
266,197
232,849
-
232,849
2,604,274
2,837,123|
|---|---|---|---|---|
The notes form part of these financial statements
Page 8
## **THE GLENDALE GATEWAY TRUST**
## **BALANCE SHEET 31 MARCH 2021**
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Stocks
8
Debtors
9
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
11
**NET ASSETS**
**FUNDS**
13
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
**13**
**2,623**
**15,634**
**279,159**
**297,416**
**(29,054)**
**268,362**
**268,375**
**-**
**268,375**|Restricted
funds
£
**2,753,309**
**-**
**-**
**59,012**
**59,012**
**(6,704)**
**52,308**
**2,805,617**
**(172,368)**
**2,633,249**|**2021**
**Total**
**funds**
**£**
**2,753,322**
**2,623**
**15,634**
**338,171**
**356,428**
**(35,758)**
**320,670**
**3,073,992**
**(172,368)**
**2,901,624**
**268,375**
**2,633,249**
**2,901,624**|2020
Total
funds
£
2,777,564
3,035
113,437
217,307
333,779
(96,372)
237,407
3,014,971
(177,848)
2,837,123
184,204
2,652,919
2,837,123|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 9
**THE GLENDALE GATEWAY TRUST**
## **BALANCE SHEET - continued 31 MARCH 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 9 December 2021 and were signed on its behalf by:
J B Bales - Trustee
The notes form part of these financial statements
Page 10
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
On 1st December 2011 the charity registered with the Tenant Services Authority as a Social Housing Provider. The financial statements should therefore also be prepared in accordance with the provisions of the Statement of Recommended Practice for Social Housing Providers 2014 and with the Accounting Direction for private registered providers of social housing in England 2015.
In the year to 31 March 2020 and during the years to 31 March 2015, grants were received to assist with the development of social housing units. The Trustees have chosen to continue to prepare the financial statements using the accounting conventions applicable to charities and these grants are and were included in incoming resources within the Statement of Financial Activities. Under the accounting conventions applicable to Registered Social Housing Providers such grants should be amortised over the useful lives of the housing properties with the unamortised amount being held within creditors as deferred grant income.
Next year the accounting convention with respect to the reporting of social housing transactions will be reviewed again, including a review of the status and treatment of existing housing properties. It is estimated that if grants received on existing housing units were to be re-stated in accordance with the Registered Social Housing Providers accounting conventions, amortisation would be £20,000 per annum and the net assets at 31 March 2021 would be reduced by £891,000.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **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 classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Support costs allocation**
Support costs are those costs that assist the work of the charity but do not directly represent charitable activities. They include governance costs which are allocated to expenditure on charitable activities.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Freehold property|- 2% on cost|
|---|---|
|Long leasehold|- 2% on cost|
|Plant and machinery|- 15% on reducing balance|
continued...
Page 11
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
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.
## **Basic financial instruments**
The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 Charities SORP (FRS 102). Subsequent measurement is as per paragraphs 11.17 to 11.19, Charities SORP (FRS 102).
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discount.
## **Redundancy payments**
Redundancy payments are included within expenditure in the year in which employees leave.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||||
|---|---|---|---|---|
||**2021**||2020||
||**£**||£||
|Bank interest receivable||**1**||3|
continued...
Page 12
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **3. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Independent examiners' remuneration for examining accounts
Independent examiners' remuneration for accountancy services
Auditors' remuneration for auditing accounts
Auditors' remuneration for accountancy services
Depreciation - owned assets|**2021**
**£**
**900**
**1,682**
**-**
**-**
**72,607**|2020
£
-
-
2,100
1,862
66,504|
|---|---|---|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **Trustees' expenses**
There were no trustees' expenses paid in the year ended 31 March 2021 (2020: two trustees were reimbursed travel expenses totalling £66).
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Management
Administration|**2021**
**2**
**3**
**5**|2020
2
3|
|---|---|---|
|||5|
No employees received emoluments in excess of £60,000.
In addition to salaries and social security there were other employee costs of £399 (2020: £1,697).
The total of key management personnel remuneration in the year was £33,194.
## **6. 2019/20 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Glendale Gateway Trust activities
Investment income
**Total**|Unrestricted
funds
£
742
193,666
3
194,411|Restricted
funds
£
297,042
7,593
-
304,635|Total
funds
£
297,784
201,259
3
499,046|
|---|---|---|---|
## **EXPENDITURE ON**
continued...
Page 13
## **THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **6. 2019/20 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
## **7.**
|**Charitable activities**
Glendale Gateway Trust activities
**NET INCOME**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Freehold
property
£
**3,151,188**
**47,936**
**3,199,124**
**692,204**
**64,000**
**756,204**
**2,442,920**
2,458,984||Unrestricted
funds
£
156,078
38,333
(7,278)
31,055
153,149
184,204
Long
leasehold
£
**350,255**
**-**
**350,255**
**41,983**
**7,006**
**48,989**
**301,266**
308,272||Restricted
funds
£
110,119
194,516
7,278
201,794
2,451,125
2,652,919
Plant and
machinery
£
**72,555**
**429**
**72,984**
**62,247**
**1,601**
**63,848**
**9,136**
10,308||Total
funds
£
266,197
232,849
-
232,849
2,604,274
2,837,123
Totals
£
**3,573,998**
**48,365**
**3,622,363**
**796,434**
**72,607**
**869,041**
**2,753,322**
2,777,564|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
The leasehold property is five flats above the Co-op building at the end of Wooler High Street.
Freehold property includes:
The Cheviot Centre.
The Wooler Youth Hostel.
Fifteen residential properties (under three of these are two spaces let as a bakery and a cafe).
The Mechanics Institute Building used by the Drop-in Centre.
Premises used by Hospice Care North Northumberland (also under two residential flats).
continued...
Page 14
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **7. TANGIBLE FIXED ASSETS - continued**
The Trustees consider that it would not be practicable to analyse accurately the carrying value of freehold property between those properties let as social housing and other property. The carrying values of freehold property shown above may be different from the market values of these properties. The Trustees do not consider that it would be worthwhile to obtain professional valuations in order to quantify these differences. Consideration continues to be given as to whether provisions for impairment are required.
## **8. STOCKS**
## **9.**
## **10.**
|Stocks
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Grant and other debtors
VAT
Prepayments
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 12)
Other loans (see note 12)
Trade creditors
VAT
Other creditors
Accrued expenses|||
|---|---|---|
||||
||||
Page 15
continued...
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|Bank loans (see note 12)
Other loans (see note 12)|**2021**
**£**
**50,868**
**121,500**
**172,368**|2020
£
53,848
124,000
177,848|
|---|---|---|
## **12. LOANS**
|An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Unity Trust loan
Quaker Housing Trust loan
Wooler Parish Council (Archbold Memorial Hall) loan
Amounts falling between one and two years:
Unity Trust loan
Quaker Housing Trust loan
Community bonds
Amounts falling due between two and five years:
Unity Trust loan
Community bonds
Quaker Housing Trust loan
Amounts falling due in more than five years:
Repayable by instalments:
Unity Trust loan
Quaker Housing Trust loan|**2021**
**£**
**3,204**
**3,500**
**-**
**6,704**
**3,101**
**3,500**
**75,000**
**81,601**
**10,081**
**1,000**
**10,500**
**21,581**
**37,686**
**31,500**
**69,186**|2020
£
3,128
3,500
30,000
36,628
2,980
3,500
-
6,480
9,686
75,000
10,500
95,186
41,182
35,000
76,182|
|---|---|---|
Page 16
continued...
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **13. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Designated Housing Maintenance fund
Designated Commercial Property Maintenance
fund
Designated Cheviot Centre Maintenance fund
Designated Youth Hostel Maintenance fund
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot Centre - Pods and Offices (RGN
Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment (Capital)
Robson Patterson Ancrum Endowment
(Revenue)
Glendale Festival
Hugonin Arts
Spring Clean in Wooler
Twin Towns Project
Wooler Community Housing Scheme
Glendale Festival Farmers Markets
Window Replacement Cheviot Centre
E-Learning Room
Food Bank
Glendale Agricultural Society
Remote Access Room "Attend anywhere"
**TOTAL FUNDS**|At 1.4.20
£
**108,232**
**38,376**
**7,678**
**16,126**
**13,792 **
**184,204**
**336,128**
**18,928**
**37,415**
**4,782**
**47,580**
**12,534**
**33,873**
**156,627**
**5,601**
**167**
**278,720**
**301,950**
**366,019**
**171,667**
**35,667**
**350,617**
**1,957**
**258,334**
**186,047**
**26,706**
**1,068**
**6,701**
**842**
**113**
**1,263**
**1,520**
**2,093**
**3,000**
**5,000**
**-**
**-**
**-**
**2,652,919**
**2,837,123**|Net
movement
in funds
£
**121,652**
**-**
**-**
**-**
**-**
**121,652**
**(11,080)**
**(491)**
**(911)**
**(143)**
**(1,161)**
**(299)**
**(789)**
**(3,637)**
**(646)**
**(6)**
**(8,168)**
**(8,541)**
**(9,378)**
**(4,109)**
**(829)**
**(9,058)**
**(43)**
**(4,954)**
**(7,006)**
**-**
**-**
**1,101**
**-**
**-**
**(179)**
**(600)**
**749**
**(2,925)**
**7,161**
**6,322**
**125**
**2,344**
**(57,151)**
**64,501**|Transfers
between
funds
£
**(61,326)**
**8,953**
**2,782**
**4,110**
**8,000**
**(37,481)**
**-**
**-**
**-**
**9**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**17,251**
**-**
**-**
**19,153**
**-**
**1,068**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**37,481**
**-**|At
31.3.21
£
**168,558**
**47,329**
**10,460**
**20,236**
**21,792 **
**268,375**
**325,048**
**18,437**
**36,504**
**4,648**
**46,419**
**12,235**
**33,084**
**152,990**
**4,955**
**161**
**270,552**
**293,409**
**356,641**
**167,558**
**34,838**
**358,810**
**1,914**
**253,380**
**198,194**
**26,706**
**2,136**
**7,802**
**842**
**113**
**1,084**
**920**
**2,842**
**75**
**12,161**
**6,322**
**125**
**2,344**
**2,633,249**
**2,901,624**|
|---|---|---|---|---|
continued...
Page 17
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **13. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot Centre - Pods and Offices (RGN
Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Glendale Festival
Twin Towns Project
Wooler Community Housing Scheme
Glendale Festival Farmers Markets
Window Replacement Cheviot Centre
E-Learning Room
Food Bank
Glendale Agricultural Society
Parish Council Covid Support
Project Management Course
Rank Foundation fund
Remote Access Room "Attend anywhere"
**TOTAL FUNDS**|Incoming
resources
£
**222,630**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,358**
**-**
**1,501**
**-**
**-**
**1,977**
**-**
**9,338**
**17,488**
**625**
**1,000**
**1,350**
**25,000**
**3,200**
**62,837 **
**285,467 **|Resources
Movement
expended
in funds
£
£
**(100,978)**
**121,652**
**(11,080)**
**(11,080)**
**(491)**
**(491)**
**(911)**
**(911)**
**(143)**
**(143)**
**(1,161)**
**(1,161)**
**(299)**
**(299)**
**(789)**
**(789)**
**(3,637)**
**(3,637)**
**(646)**
**(646)**
**(6)**
**(6)**
**(8,168)**
**(8,168)**
**(8,541)**
**(8,541)**
**(9,378)**
**(9,378)**
**(4,109)**
**(4,109)**
**(829)**
**(829)**
**(9,058)**
**(9,058)**
**(43)**
**(43)**
**(6,312)**
**(4,954)**
**(7,006)**
**(7,006)**
**(400)**
**1,101**
**(179)**
**(179)**
**(600)**
**(600)**
**(1,228)**
**749**
**(2,925)**
**(2,925)**
**(2,177)**
**7,161**
**(11,166)**
**6,322**
**(500)**
**125**
**(1,000)**
**-**
**(1,350)**
**-**
**(25,000)**
**-**
**(856)**
**2,344**
**(119,988) **
**(57,151)**
**(220,966) **
**64,501 **|
|---|---|---|
continued...
Page 18
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **13. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Designated Housing Maintenance fund
Designated Commercial Property Maintenance
fund
Designated Cheviot Centre Maintenance fund
Designated Youth Hostel Maintenance fund
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot Centre - Pods and Offices (RGN
Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment (Capital)
Robson Patterson Ancrum Endowment
(Revenue)
Glendale Festival
Hugonin Repairs
Hugonin Arts
Exchange Visits
Spring Clean in Wooler
Twin Towns Project
Wooler Community Housing Scheme
Where the Waters Meet
Glendale Festival Farmers Markets
LED Light Fittings for Cheviot Centre
Window Replacement Cheviot Centre
E-Learning Room|At 1.4.19
£
100,588
30,413
5,303
10,845
6,000
153,149
347,273
19,419
38,326
4,895
48,741
12,833
34,662
160,264
6,322
173
286,888
310,590
375,395
175,776
36,496
359,675
2,000
-
186,843
26,706
-
5,930
863
842
450
113
3,378
1,520
1,366
1,286
2,100
-
-
2,451,125|Net
movement
in funds
£
38,333
-
-
-
-
38,333
(11,145)
(491)
(911)
(113)
(1,161)
(299)
(789)
(3,637)
(721)
(6)
(8,168)
(8,640)
(9,376)
(4,109)
(829)
(9,058)
(43)
258,334
(7,006)
-
-
771
(863)
-
(450)
-
(2,115)
-
(1,366)
807
(2,100)
3,000
5,000
194,516|Transfers
between
funds
£
(30,689)
7,963
2,375
5,281
7,792
(7,278)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6,210
-
1,068
-
-
-
-
-
-
-
-
-
-
-
-
7,278|At
31.3.20
£
108,232
38,376
7,678
16,126
13,792
184,204
336,128
18,928
37,415
4,782
47,580
12,534
33,873
156,627
5,601
167
278,720
301,950
366,019
171,667
35,667
350,617
1,957
258,334
186,047
26,706
1,068
6,701
-
842
-
113
1,263
1,520
-
2,093
-
3,000
5,000
2,652,919|
|---|---|---|---|---|
continued...
Page 19
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
|**13.**
**MOVEMENT IN FUNDS - continued**
**TOTAL FUNDS**
2,604,274
Comparative net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot Centre - Pods and Offices (RGN
Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Glendale Festival
Hugonin Repairs
Exchange Visits
Twin Towns Project
Children's Fun Day
Where the Waters Meet
Glendale Festival Farmers Markets
LED Light Fittings for Cheviot Centre
Two New Websites
Cheviot Centre Kitchen
Window Replacement Cheviot Centre
E-Learning Room
Former Barclays Bank Pre-development
Consultation and Project Management
Cheviot Centre Foyer Repairs
**TOTAL FUNDS**||232,849
Incoming
resources
£
194,411
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
258,334
-
8,432
-
-
-
2,100
261
2,360
-
1,500
4,970
3,000
5,000
3,678
15,000
304,635
499,046||-
Resources
expended
£
(156,078)
(11,145)
(491)
(911)
(113)
(1,161)
(299)
(789)
(3,637)
(721)
(6)
(8,168)
(8,640)
(9,376)
(4,109)
(829)
(9,058)
(43)
-
(7,006)
(7,661)
(863)
(450)
(2,115)
(2,100)
(1,627)
(1,553)
(2,100)
(1,500)
(4,970)
-
-
(3,678)
(15,000)
(110,119)
(266,197)|2,837,123
Movement
in funds
£
38,333
(11,145)
(491)
(911)
(113)
(1,161)
(299)
(789)
(3,637)
(721)
(6)
(8,168)
(8,640)
(9,376)
(4,109)
(829)
(9,058)
(43)
258,334
(7,006)
771
(863)
(450)
(2,115)
-
(1,366)
807
(2,100)
-
-
3,000
5,000
-
-
194,516
232,849|
|---|---|---|---|---|---|
|||||||
|||||||
continued...
Page 20
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated Housing Maintenance fund
Designated Commercial Property Maintenance
fund
Designated Cheviot Centre Maintenance fund
Designated Youth Hostel Maintenance fund
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot Centre - Pods and Offices (RGN
Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment (Capital)
Robson Patterson Ancrum Endowment
(Revenue)
Glendale Festival
Hugonin Repairs
Hugonin Arts
Exchange Visits
Spring Clean in Wooler
Twin Towns Project
Wooler Community Housing Scheme
Where the Waters Meet
Glendale Festival Farmers Markets
LED Light Fittings for Cheviot Centre
Window Replacement Cheviot Centre
E-Learning Room
Food Bank
Glendale Agricultural Society|At 1.4.19
£
100,588
30,413
5,303
10,845
6,000
153,149
347,273
19,419
38,326
4,895
48,741
12,833
34,662
160,264
6,322
173
286,888
310,590
375,395
175,776
36,496
359,675
2,000
-
186,843
26,706
-
5,930
863
842
450
113
3,378
1,520
1,366
1,286
2,100
-
-
-
-|Net
movement
in funds
£
159,985
-
-
-
-
159,985
(22,225)
(982)
(1,822)
(256)
(2,322)
(598)
(1,578)
(7,274)
(1,367)
(12)
(16,336)
(17,181)
(18,754)
(8,218)
(1,658)
(18,116)
(86)
253,380
(14,012)
-
-
1,872
(863)
-
(450)
-
(2,294)
(600)
(1,366)
1,556
(2,100)
75
12,161
6,322
125|Transfers
between
funds
£
(92,015)
16,916
5,157
9,391
15,792
(44,759)
-
-
-
9
-
-
-
-
-
-
-
-
-
-
-
17,251
-
-
25,363
-
2,136
-
-
-
-
-
-
-
-
-
-
-
-
-
-|At
31.3.21
£
168,558
47,329
10,460
20,236
21,792
268,375
325,048
18,437
36,504
4,648
46,419
12,235
33,084
152,990
4,955
161
270,552
293,409
356,641
167,558
34,838
358,810
1,914
253,380
198,194
26,706
2,136
7,802
-
842
-
113
1,084
920
-
2,842
-
75
12,161
6,322
125|
|---|---|---|---|---|
continued...
Page 21
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
|**13.**
**MOVEMENT IN FUNDS - continued**
Remote Access Room "Attend anywhere"
**TOTAL FUNDS**|-
2,451,125
2,604,274|2,344
137,365
297,350|-
44,759
-|2,344
2,633,249
2,901,624|
|---|---|---|---|---|
continued...
Page 22
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot Centre - Pods and Offices (RGN
Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Glendale Festival
Hugonin Repairs
Exchange Visits
Twin Towns Project
Wooler Community Housing Scheme
Children's Fun Day
Where the Waters Meet
Glendale Festival Farmers Markets
LED Light Fittings for Cheviot Centre
Two New Websites
Cheviot Centre Kitchen
Window Replacement Cheviot Centre
E-Learning Room
Former Barclays Bank Pre-development
Consultation and Project Management
Cheviot Centre Foyer Repairs
Food Bank
Glendale Agricultural Society
Parish Council Covid Support
Project Management Course
Rank Foundation fund
Remote Access Room "Attend anywhere"|Incoming
resources
£
417,041
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
259,692
-
9,933
-
-
-
-
2,100
261
4,337
-
1,500
4,970
3,000
14,338
3,678
15,000
17,488
625
1,000
1,350
25,000
3,200
367,472|Resources
Movement
expended
in funds
£
£
(257,056)
159,985
(22,225)
(22,225)
(982)
(982)
(1,822)
(1,822)
(256)
(256)
(2,322)
(2,322)
(598)
(598)
(1,578)
(1,578)
(7,274)
(7,274)
(1,367)
(1,367)
(12)
(12)
(16,336)
(16,336)
(17,181)
(17,181)
(18,754)
(18,754)
(8,218)
(8,218)
(1,658)
(1,658)
(18,116)
(18,116)
(86)
(86)
(6,312)
253,380
(14,012)
(14,012)
(8,061)
1,872
(863)
(863)
(450)
(450)
(2,294)
(2,294)
(600)
(600)
(2,100)
-
(1,627)
(1,366)
(2,781)
1,556
(2,100)
(2,100)
(1,500)
-
(4,970)
-
(2,925)
75
(2,177)
12,161
(3,678)
-
(15,000)
-
(11,166)
6,322
(500)
125
(1,000)
-
(1,350)
-
(25,000)
-
(856)
2,344
(230,107)
137,365|
|---|---|---|
continued...
Page 23
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
|**13.**
**MOVEMENT IN FUNDS - continued**
**TOTAL FUNDS**|784,513|(487,163)|297,350|
|---|---|---|---|
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2021.
continued...
Page 24
**THE GLENDALE GATEWAY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**Unrestricted funds**
General fund
**Designated funds**
Housing Maintenance fund
Commercial Property Maintenance fund
Cheviot Centre Maintenance fund
Youth Hostel Maintenance fund
**Total unrestricted funds**
**Restricted funds**
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development Costs of
2012/13
Cheviot Centre - Performance Room
Developments
Cheviot - Pods and Offices (RGN Funds)
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddam Dene House
Former Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment (Capital)
Robson Patterson Ancrum Endowment (Revenue)
Glendale Festival
Hugonin Arts
Spring Clean in Wooler
Twin Towns Project
Wooler Community Housing Scheme
Glendale Festival Farmers Markets
Window Replacement Cheviot Centre
E-Learning Room
Food Bank
Glendale Agricultural Society
Remote Access Room "Attend anywhere"
**Total restricted funds**
**Total funds**|**Fixed assets**
**£**
**13**
**-**
**-**
**-**
**-**
**13**
**324,175**
**18,437**
**36,504**
**4,468**
**46,419**
**12,235**
**33,084**
**152,990**
**3,685**
**161**
**270,552**
**293,409**
**356,641**
**167,558**
**34,838**
**358,810**
**1,914**
**309,277**
**301,266**
**26,706**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2,753,309**
**2,753,322**|**Current**
**assets**
**£**
**197,599**
**47,329**
**10,460**
**20,236**
**21,792**
**297,416**
**873**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**1,270**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**20,103**
**-**
**-**
**2,136**
**7,802**
**842**
**113**
**1,084**
**920**
**2,842**
**75**
**12,161**
**6,322**
**125**
**2,344**
**59,012**
**356,428**|**Current**
**liabilities**
**£**
**(29,054)**
**-**
**-**
**-**
**-**
**(29,054)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(6,704)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(6,704)**
**(35,758)**|**Long term**
**liabilities**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(76,000)**
**(96,368)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(172,368)**
**(172,368)**|**Total**
**2021**
**£**
**168,558**
**47,329**
**10,460**
**20,236**
**21,792**
**268,375**
**325,048**
**18,437**
**36,504**
**4,648**
**46,419**
**12,235**
**33,084**
**152,990**
**4,955**
**161**
**270,552**
**293,409**
**356,641**
**167,558**
**34,838**
**358,810**
**1,914**
**253,380**
**198,194**
**26,706**
**2,136**
**7,802**
**842**
**113**
**1,084**
**920**
**2,842**
**75**
**12,161**
**6,322**
**125**
**2,344**
**2,633,249**
**2,901,624**|
|---|---|---|---|---|---|
Page 25
**THE GLENDALE GATEWAY TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and Grants
Gift Aid
Northumberland National Park Authority
Duncan Davidson
Duncan and Sarah Davidson Fund
Sir James Knott Trust
Nigel Vinson Charitable Trust
Hugonin Trust
Homes England
Newcastle Building Society Community Fund
Charities Aid Foundation
The Architectural Heritage Fund
Bernard Sunley Foundation
Rank Foundation
Northumbria Healthcare
National Lottery
Catherine Cookson Trust
Community Foundation
Berwick Community Trust
Northumberland County Council
**Investment income**
Bank interest receivable
**Charitable activities**
Rental income
Room hire
Sale of goods or services
Northumberland County Council Coronavirus grants
Coronavirus job retention scheme
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages and salaries
Social security
Pensions
Other employee costs
Carried forward|2021
£
**9,125**
**4,308**
**-**
**-**
**4,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**25,000**
**3,200**
**8,880**
**-**
**6,350**
**-**
**7,446**
**68,309**
**1**
**157,399**
**929**
**9,592**
**22,238**
**26,999**
**217,157**
**285,467**
**79,194**
**1,576**
**1,439**
**399**
**82,608**|2020
£
4,583
-
2,444
10,000
1,000
10,000
2,100
2,000
145,875
15,000
2,000
25,000
10,000
-
-
-
500
9,970
3,000
54,312
297,784
3
156,767
15,000
29,492
-
-
201,259
499,046
90,507
4,167
1,778
1,697
98,149|
|---|---|---|
This page does not form part of the statutory financial statements
Page 26
**THE GLENDALE GATEWAY TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
|**Charitable activities**
Brought forward
Cheviot Centre
Youth hostel
Residential properties
Town centre non residential property
Other costs including administration of all projects
Glendale Festival
Depreciation: Freehold property
Depreciation: Long leasehold property
Depreciation: Plant and machinery
Loan interest
Grants to institutions
**Support costs**
**Governance costs**
Independent examiners' remuneration
Auditors' remuneration
Total resources expended
**Net income**|2021
£
**82,608**
**20,576**
**9,135**
**8,620**
**2,782**
**17,363**
**1,116**
**64,000**
**7,006**
**1,601**
**2,677**
**900**
**218,384**
**2,582**
**-**
**2,582**
**220,966**
**64,501**|2020
£
98,149
50,806
2,526
8,797
4,681
18,865
8,075
57,686
7,006
1,812
3,832
-
262,235
-
3,962
3,962
266,197
232,849|
|---|---|---|
This page does not form part of the statutory financial statements
Page 27