REGISTERED colv￿ANy NUMBER: 03208721 (England and Wale5)
REGISTERED CHARITY P4UMBER: 1059761
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
GLENDALE GATEWAY TRUST
J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 INP

GLENDALE GATEWAY TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Chairman's Report
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balanee Sheet
10 to 11
Notes to the Financial Statements
12 to 22
Detailed Statement of Financial Activities
23

GLENDALE GATEWAY TRUST
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Firstly, I would like to extend thanks to the staff and Trustees for all their hard work and commitment during the past
year. I would also like to thank Rachel Sinton, who has retired, for her work over her employment at the Trust.
Over the past 12 months the Glendale Gateway Trust has demonstrated its commitment to the wider Glendale, pushing
to the fore the issues that rural communities face and ensui'ing that they are heard. Growth in the numbers and range of
engagement with families and communities within the Glendale continues to increase. The Cheviot Centre remains the
'go to, place for support and infomiation and is the 'listening ear, for a variety of needs and ideas.
The portfolio ofresidential and commercial properties has seen a comprehensive range of upgrading in line with survey
reports, regulations and tenants, feedback, ensuring that tenants needs and the obligations of a socially responsible
landlord are rnet.
The Trust remains in a strong financial position, as reported in this document, and thanks should be noted to staff and
Trustees for their diligence in laking up fmancial support and careful rnanagement.
The past year has seen significant grant funding secured by the CEO which has fostered exciting partnerships and
opportunities for comprehensive support and development of service5 and activities throughout the Glendale. With new
staff members on board and the enthusiasm of the team it is anticipated that the success or the Trust will continue from
strength to strength.
Sadly we lost Simon Crosthwaite after a short illness. His contribution to the Trust was invaluable and he will be
much missed by coll¢agues, Trustees and tenants.
Becci MU￿aY
Chair - Glendale Gateway Trust
Page I

GLENDALE GATEWAY TRUST
REPORT OF THE TRUSTII ES
FOR THE YEI AR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the p￿￿oseS of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 March 2024. 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 l January 2019).
OBJECTIVES AND ACTIVITIES
The Trust was established to benefit the community of Glendale, in particular through..
Education, in bolh 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 sirnilar aims.
Under the umbr¢lla of education are listed:
infonnation 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 rnanagement 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 comrnunity centre.
Housin
We now have and let out three houses and seventeen flats.
Food Bank: Operating the Wooler and Glendale food bank.
Other Activities include:
The annual Glendale Festival, and Farrners Markets,
The funding of a Glendale Middle School educational outinglevent and.
The letting of properties to local businesses as well as to Hospice Care North Northumberland and to the Wooler
Drop-in Centre.
Charity Commission public benefit guidanee
W¢ 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

GLEI NDALE GATEWAY TRUST
REPORT OF THE TRUSTEES
FOR THI YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
The continuation of stralegic paitnership working and community engagement by the CEO during this financial year
has led to Significant investment in The Glendale Gateway Trust through grants for specific projects. As an example, in
December 2023, the CEO secured funding from the Community Lottery Fund in partnership with two other voluntary
organizations, for almost £500k over the next 5 years to deliver a project around employability in our rural area.
Cheviot Centre
The Cheviot Centre continues to be a hive of activity on a weekly basis with people of all ages attending various
groups. All 0￿]CeS and Pods are ￿llY let, and the success of the Cheviot Centre Open Day in November provided the
ideal opportunity for people who work in the Centre to meet each other and share their ideas and explain their
businesses. We intend to repeat this event in the Autumn. The installation of an automatic main entrance door has
made access easier for our older visitors and for the increasing number of parents and carer5 Vislting with buggie5 and
wheelchairs. A schedule of refurbishments in the Cheviot Centre began with 2 new Ca￿e$s. Further repairs are required
around the building, and these will be carried out over the next 12 months.
Housin
GGT continues to invest significantly in the maintenance and repairs of all our properties by following a detailed
maintenance schedule and carrying out significant repairs that were identified by an impartial qualified building
surveyor. These have included the replacement of several roofs along the High Street above soTne of our commercial
properties, the replacement of rotten and leaking windows at 33 High Street, 3 new doors in our properties at the rear of
the High Street and significant roof and donner window repairs at the Wheatsheaf.
We continue to work on a raft of recommendations made by an independent r￿e safety assessor. regarding f￿e safety
risk assessment and we are currently upgrading all our communal areas including the Cheviot Centre and providing
addilional signage and notice boards containing all appropriate information.
Food Bank
Food bank requests and referrals have continued to steadily increase, and the service is very well used. We keep the
food cupboard well stocked, and donations are plentiful overall. We now have food bank donation points at the Cheviot
Centre, Co-op, Budgens and Lowick village store and potentially ihe Riverside Caravan Park. The Share Shed
continues to be well used and fresh produce, toys and books etc are placed in there by the community for the
community.
Funded Pro
ects
The Rural Advocate
Northumberland County Council funded ihi5 role for an initial period of 12 months which commenced in September
2023. Lesley Robson was Tecruited to the role and made an immediate difference to the rural community helping to
alleviate feelings of disconnection as rnany people feel isolated from the services and people at NCC and other statutory
oi'gani5alions. She was able to react quickly to issues that occurred and provide information to communities and NCC
and act as a conduit for inforniation both ways. The role has ensured that people who are most in need of help and
SUPPOrt understand how they can access services and keep safe and well recognising that people living in isolation are
often in the greatest need, but they remain silent and underserved. Funding has now been secured for another year from
September 2024.
Employability Project
A 5-year project funded by the Community Lottery Fund was approved in December 2023 and commenced in May
2024.
RITS- Rural IT Support
Working in partnership with Bell View in Belford we were successful in receiving funding to provide weekly drop-in
sessions for people with any IT issues or for people wanting to learn more about IT. Sessions are held at the Cheviot
Centre and Bell View on Friday each week and we have provided an outreach service ITh other villages halls when
requested.
Page 3

GLENDALE GATEI WAY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Memory Lane
Further funding was received from Bernicia Homes to keep the project going for another 12 months. This group meets
fortnightly with music at the heart of the sessions to help rekindle memories and slow down cognitive decline of people
living with Alzheimer's and dementia and provide respite for the people that care for ihem.
Woolpak
The CEO successfully applied for funding to help this group of parents, grandparents and their babies and young
children to meet each week at the Cheviot Centre. This child friendly group provides peer support for parentslcarers in a
relaxed informal setting and is free to attend. Many parents can feel isolated due to living rurally, being new parents,
being parents of children wilh special educational needs and or disabilities and many have their own mental health
challenges and just need a safe and friendly space to socialise and allow their children to play. The group attracts 30-35
people each week and is run by 2 young Mums who live locally.
Inky Fingers
This group has been running extren]ely sllccessfully for several school tenns led by local artist Anthea Wood. Funding
has been secured by ihe CEO and the free sessions allow children to take part in a wide variety of art and craft
activities. Funding is also secured through HAF- Holiday Activity Fund to provide free activity sessions during the
school holidays.
Other Activities- just a few example5 of projects we have undertaken
Repair café
We manage and run ihis actlvlty in partnership with Glendale Connect. Volunteer repairers are rnatched up with
members of the community who have an object to repair. Itern5 repaired include clocks, lawnmowers. vacuum cleaners,
music boxes and electrical items. Chairs have been reupholstered and clothes have been mended. Donations go towards
room hire and refreshments. As well as reducing the number of items that are thrown away it provides Social interaction
for many people including the volunteer repairers.
Clothes Share
We have held 3 clothes share events during the last financial year to provide extra support during the cost-of-living
crisis. We always have plenty of donations, so we have plenty of stock for people to browse. We also hold a jigsaw
swap at the same time which 15 increasingly popular.
Conclusion
With a new team now in place the future for GGT is very bright indeed we will continue to support the community in
every way we can. The current projects enhance the core work of the charity and with the continued development of
partnerships other opporttjnities and projects will materialise kn the future.
Page 4

GLENDALE GATEI WAY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR II NDED 31 MARCH 2024
FINANCIAL REVIEW
The attached accounts are prepared in accordance with legal accounting requirements which in part do not make easy
reading. The Trustees therefore offer a simplified summary as follows..
Assets and Liabilities at 31 March 2024
Fixed Assets
2,S89,000
Loans to fund these fixed a55ets
(38,000)
Net Current Assets before loans (largely cash funds)
Restricted funds
Unrestricted funds
148,000
180,000
Total funds
2,879,000
The above loans are..
Quaker Trust
38,000
38,000
Repayments which we are Committed to pay on the rernaining loan in 2024125 year total
£3,500.
Income and Expenditure for the Year to 31 March 2024
Income
Cheviot Centre
Residential Housing
Non-residential Property
Other (mainly grants)
83,000
95,000
53,000
130 000
361,000
Expenditure
Direct costs
Cheviot Centre
Residential Housing
non-residential Property
35,000
65,000
10,000
Other
includin
administration and wa
es
191,000
300 000
Surplus before depreciation
61,000
Depreciation
54,000
Net increase after de
reciation
rovi5ion
6,000
Page 5

GLII NDALE GATEWAY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR P4DED 31 MARCH 2024
Reserves Policy
The trust wishes to continue to increase it's reserves in order to..
Meet its liabilities.
Fund the repair and rejuvenation of fixed assets.
Modify its activities without undue haste and cost, should income unexpectedly fall.
Take any appropriate opportunities in support of the community of Glendale.
At ihe year end the general unrestricted funds of the charity were £183,654 (2023 £240,975).
Immediate plans
Further roof repairs are required on 3 properties along Wooler High Street and this will be carried out in ihe summer.
Ongoing repairs and maintenance are required on all our residential properties with new windows required at an address
on the High Street. This work is scheduled to take place in the summer.
Various reports and feasibility studies have been catTied out regarding the heating system at the Cheviot Centre which is
no longer fit for purpose. A working group including some Trustees was fornied to take this fonvard to ensure we
proceed in the most cost effective and environmentally friendly way, work is expected to be compl¢ted in time for the
winter.
We are keen to acquire ground floor residential accommodation locally as many of our residents have mobility and
health issues. We are actively seeking suitable properties to purchase and convert within easy reach of local services
and facilities.
The charity's principal sources of fund5
Historically the trnst has received significant grant funding which has largely provided the housing and other propety
stock. The annual income of the trust is now mainly from housing rents, the Cheviot Centre income, the Youth Hostel
and other commercial property rents,
In the year to 31 March 2024 granls and private donations have again been a major factor.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defmed by the Companies Act 2006.
Committee of Management
The Trust is managed by the Committee of ManagemeTht. The maximum number of committee members (trustees) is
12 and the minimum is 5. The committee members are elected for a period of three years by the members of the Trust
at the Annual General Meeting. Committee members will have a maximum of three temis (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,
should the need arise.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03208721 (England and Wales)
Registered Charity number
1059761
Registered office
The Cheviot Centre
12 Padgepool Place
Wooler
Northumberland
NE716BL
Page 6

GLENDALE GATEWAY TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Ms B Murray (Chair)
Ms R Lovett (Vice Chair)
Dr J B Bales (Treasurer) (resigned 51912023)
Ms S P Younger
Ms C L Wait (resigned 271612023)
R Walsh
Ms A Wood
P J Sheard
M A Kelso (appointed 2711112023)
Independent Examiner
G O'Dea C.A.
J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 INP
Employed Staff who served during the course of the year
Karen Froggatt (Chief Executive)
Rachel Sinton (Administrator & Cheviot Centre manager) (retired March 2024)
Susan Mitchell (Accounts officer)
Gillian Lowes (Communications & Projects officer)
Simon Crosthwaite (Property officer)
Lesley Robson (Rural Advocacy & Inclusion officer)
Shauna Goulbourne (Caretaker)
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 17 September 2024 and signed on it5 behalf by:
Ms B Murray - Trustee
Page 7

INDEPENDEI NT EXAMINER'S REPORT TO THE TRUSTEES OF
GLE< NDALE GATEWAY TRUST
Independent examiner'5 report to the trustees of Glendale Gateivay Trust ('the Company,)
I report to the charity trustees on my examination of the account5 of the Company for the year ended 31 March 2024.
Responsibilities and basi5 of report
As the charity's trustees of the Company (and also it5 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 201 l Act,). In carrying out my examination I have followed the
Directions given by the Charity Commission under Section 145(5) (b) of the 201 l 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 confirrn
that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants of
Scotland, which is one of the listed bodies.
I have completed my examination. I confmn ihat no matters have come to my attention in connection wilh the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or
the accounts do not accord with those records. or
the accounts do not comply wilh 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 rnatter considered as part of an
independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the Staternent of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their
accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and 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
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
ea C.A.
The Institute of Chartered Accountants of Scotland
J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 INP
Date.. 18th September 2024
Page 8

GLENDALE GATEI WAY TRUST
STATEMENT OF FINANCYAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
3113124
Total
funds
3113123
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,827
115,179
118,006
61,785
Charitable activities
Glendale Gateway Trust activities
233,513
2,929
236,442
211,198
Investment income
6,341
6,341
92
Total
242 681
118,108
360,789
273,075
EXPENDITURE ON
Raising funds
5,237
5,239
3,969
Charitable Activities
Glendale Gateway Trust activitie5
242 532
106,702
349,234
256.311
Total
247,769
106,704
354 473
260,280
NET INCOME/(EXPEP4DITURE)
Transfers between funds
(5,088)
52 233)
11,404
52,233
6,316
12,795
13
Net movement in funds
(57,321)
63,637
6,316
12,795
RECONCILIATION OF FUNDS
Total funds brought forward
240,975
2,631,053
2,872,028
2,859,233
TOTAL FUNDS CARRIED FORWARD
183,654
2,694,690
2,878,344
2.872,028
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes fonn part of these fmancial statements
Page 9

GLENDALE GATEWAY TRUST
BALANCE SHEET
31 MARCH 2024
3113124
Total
funds
3113123
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
3,602
2,585,444
2,589,046
2,640,678
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
2.491
16,196
252,367
2,491
16,745
400,875
1,884
12,038
337.405
549
148 508
271,054
149,057
420,111
351,327
CREDITORS
Amounts falling due within one year
io
(91,002)
(4,811)
(95,813)
(35,314)
NET CURRENT ASSETS
180.052
144,246
324,298
316,013
TOTAL ASSETS LESS CURRENT
LIABILITIES
183,654
2,729,690
2,913,344
2,956,691
CREDITORS
Amounts falling due after more than one year
(35,000)
(35,000)
(84,663)
NET ASSETS
183,654
2,694,690
2.878.344
2 872,028
FUNDS
Unrestricted funds
Restricted ￿ndS
13
183,654
2.694,690
240,975
2.631,053
TOTAL FUNDS
2,878,344
2,872,028
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The members have not required the company to obtain an audit of its f￿ancial statements for the year ended
31 March 2024 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
preparing fmancial slatements 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 it5 surylus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirernents of the Companies Act
2006 relating to financial statements. so far as applicable to the charitable company.
(b)
The notes forn] part of these financial statements
Page 10
continued...

GLENDALE GATEWAY TRUST
BALANCE SHEET- continued
31 MARCH 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the srnall companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17 September 2024 and
were signed on its behalf by..
B Murray - Trustee
The notes forni part of these fmancial statements
Page 11

GLENDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTINC 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 Recornmended Practice applicable to charities preparing theii. a¢count5 in accordance with ihe Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l 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.
The charity registered as a Social Housing Provider. The fmancial statements should therefore also be prepared
in accordance with the provisions of the Statement of Recommended Practice for Social Housing Providers
2018 and with the Accounting Direction for private registered provid¢rs of social housing m England 2019.
In the year to 31 March 2020 and during the years to 31 March 2015, grants were received to as515t 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 iThcoming
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 2023 would be reduced by £851,000.
Financial reporting standard 102 - reduced disc105ure exemptions
The charilable company has taken advantage of the following disclosure exemption in preparing these fu]ancial
statements, as perniitted 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 th¢ 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over ifs estimated useful
life.
Freehold property
Long leasehold
Plant and machinery
20/D on cost
150/0 on reducing balance
Page 12
continued...

GLEI NDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
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 charilable 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 fmancial statements.
Pension costs and other post-retirement benefits
The charitable company operate5 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
Ihey relate.
INVESTMENT INCOME
3113124
3113123
Deposit account interest
6,341
92
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting)'.
3113124
3113123
Independent examiner's remuneration for examiThing a¢count5
Accountancy fees
Depreciation - owned assets
1,000
4,555
54,226
1,000
2,200
55,251
TRUSTEES, RETrIUNERATION AND BENEFITS
There were no Iru5tees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees, expenses
There were no t￿steeS, expenses paid for the year ended 31 March 2024 Thor for the year ended 31 March 2023.
Page 13
continued...

GLENDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDEI D 31 MARCH 2024
STAFF COSTS
The average monthly number of employees during the year was as follows:
3113124
3113ll3
Management
Administration
No employees received emoluments in excess of £60,000.
In addition to salaries and social security there were other employee costs of £826 (2023: £838).
The total of key management personnel remuneration in the year was £40,600.
SOCIAL HOUSING LETTINGS
The Glendale Gateway Trust is a regislered social housing provider. During the year rents received from social
residential properties was £95,227 (2023 £93,084) and costs, amounted to £65,050 (2023 £41,787).
TANGIBLE FIXED ASSETS
Freehold
propety
Long
leasehold
Plant and
machinery
Totals
COST
At l April 2023
Additions
3,210,806
350,255
76,511
2,594
3,637,572
2,594
At 31 March 2024
3,210 806
350,255
79,105
3,640 166
DEPRECIATION
At l April 2023
Charge for year
868,240
46,851
61,880
66,774
1,607
996.894
54.226
At 31 March 2024
915 091
67,648
68,381
1,051,120
NET BOOK VALUE
At 31 March 2024
2,295.715
282,607
10,724
2,589 046
At 31 March 2023
2,342,566
288,375
2,640,678
The leasehold property is five flats above the Co-op in the Wheatsheaf building at th¢ end of Wooler High
Street.
The 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 café).
The Mechanics Institute Building used by the Drop-in Centre.
Premises used by Hospice Care North Northumberland (also under two residential flats).
Page 14
Continued...

GLENDALE GATII WAY TRUST
NOTII S TO THI FINANCIAL STATEMENTS- continued
FOR THE YEAR II NDED 31 MARCH 2024
TANGIBLE FIXED ASSETS- Continued
The trustees consider that it would not be practicable to analyse accurately the carrying value of freehold
property between properties let a5 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 impainnent are required.
STOCKS
3113124
3113123
Stocks
2,491
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113124
3113123
other debtors
Prepayments
6,205
10,540
3,652
16,745
12.038
io.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113124
3113123
Bank loans and overdrafts (see note 12)
Other loans (see note 12)
Trade creditors
VAT
Other creditors
Accrued expenses
2.450
3,500
11.254
617
11,493
6,000
3,500
62,235
12,561
17,517
95.813
35,314
ii.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
3113124
3113123
Bank loans (see note 12)
Other loans (see note 12)
46,163
38,500
35,000
Page 15
continued...

GLENDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
12.
LOANS
An analysis of the maturity of loans is given below..
3113ll4
3113123
Amounts falling due within one year on demand..
Unity Trust loan
Quaker Housing Trust loan
2,450
3,500
3,500
Amounts falling between one and two years..
Unity Trust loan
Quaker Housing Trust loan
2,900
6,400
Amounts falling due between two and five years..
Unity Trust loan
Quaker Housing Trust loan
10,400
10,500
10.500
10,500
20,900
Amounts falling due in more than five years..
Repayable by instairnents..
Unity Trust loan
Quaker Housing Trust loan
32,863
24,500
57,363
21,000
21,000
Page 16
continued...

GLII NDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR NDED 31 MARCH 2024
13.
MOVEMENT IN FUNDS
Net
movement
in ￿llds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Designated Housing Maint Fund
Designated Youth Hostel Maint Fund
211,975
14,000
(5,088)
(52,233)
154,654
14,000
15,000
240.975
(5,088)
(52,233)
183,654
Restricted funds
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-developrnent Costs
Cheviot Centre Performance Room
Cheviot Centre - Pods and Offices
Remote Learning Hub
Mechanics Inslitute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddarn Dene House
Communal Garden at Roddem Dene House
Fonner Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment Cap
Glendale Festival
Natural Burial
Glendale Festival Farn]ers Markets
Food Bank
Reconnecting the Wooler Water
Garden Activities with ChildretL
Marjorie Stephenson Small Grants
Provide log bank
Memory Lane Dementia Care
Glendale Nourish & Share Shed
Wam] Space
Fuel for Shopping Trips
Carham Defibrillator
New Heating System - Ch¢viot Centre
Dark Skies
Dr Chris Dalglish donation
Emergency Hub
Kyloe Food Bank
Rural Advocate Role
308,433
17,602
34,881
4,402
44,353
11,697
31,649
146,368
2,667
153
257,136
278,887
340,322
160,179
33,329
368,929
1,834
308,125
197,762
25.638
6,954
1,003
6.621
15,331
365
1,021
6.448
(6,597)
(352)
(697)
(104)
(887)
(234)
(633)
(2,928)
(400)
(3)
(5,143)
(5,876)
(6,807)
(3,203)
(667)
(7,379)
(37)
(6,162)
(5,768)
301,836
17,250
34,184
4,298
43,466
11,463
31,016
143,440
2,267
150
251,993
273,01 I
333,515
156,976
32,662
361,550
1,797
301,963
244,107
25,638
3,000
52,113
(1,190)
(1,003)
962
(1,197)
32.952
1,687
(515)
3,000
(276)
(1,540)
(5,626)
(78)
3,962
(2,764)
7,583
14.134
33,317
2,708
8,039
3,000
8,703
1,958
2,106
8,979
3,498
5,626
524
457
(120)
446
4,419
120
658
(658)
985
20,000
1,000
985
20,000
1,000
12.816
2,631,053
11,404
52,233
2 694,690
TOTAL FUNDS
2,872 028
2,878.344
Page 17
continued...

CLENDALI GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
MOVEMENT IN FUNDS - continued
Net rnovement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
242,681
(247,769)
(5,088)
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
Cheviot Centre Performance Room
Cheviot Centre - Pods and Offices
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddem Dene House
Fomer Barclay5 Bank
Wheatsheaf
Glendale Festival
Natural Burial
Glendale Festival Farmers Markets
Food Bank
Reconnecting the Wooler Water
Garden Activities with Children
Marjorie Stephenson Small Grants
Provide log bank
Memory Lane Dementia Care
Glendale Nourish & Share Shed
Warni Space
Fuel for Shopping Trips
Carham Defibrillator
Dark Skies
Dr Chri5 Dalglish donation
Emergency Hub
Kyloe Food Bank
Rural Advocate Role
Solar Feasibility Study
(6,597)
(352)
(697)
(104)
(887)
(234)
(633)
(2,928)
(400)
(3)
(5,143)
(5,876)
(6,807)
(3,203)
(667)
(7,379)
(37)
(6.162)
(5,768)
(1,190)
(1.028)
(1,967)
(8,644)
(6,597)
(352)
(697)
(104)
(887)
(234)
(633)
(2,928)
(400)
(3)
(5,143)
(5,876)
(6,807)
(3,203)
(667)
(7,379)
(37)
(6,162)
(5,768)
(1,190)
(1,003)
962
(1,197)
32,952
1,687
(515)
3,000
(276)
(1,540)
(5,626)
(78)
3,962
(658)
985
20,000
1,000
12,816
25
2,929
7,447
32,952
5,756
250
5,250
9,353
(4,069)
(765)
(2,250)
(9,629)
(1,540)
(5,626)
(78)
3,962
(658)
985
20,000
1,000
26,813
1,386
(13,997)
1,386)
118 108
106,704
11.404
TOTAL FUNDS
360,789
354,473)
6,316
Page 18
continued...

GLENDALE GATEWAY TRUST
NOTES TO THE FJNANCIAL STATEMENTS- continued
FOR THE YEAR ENDID 31 MARCH 2024
13.
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestrieted funds
General fund
Designated Housing Maint Fund
Designated Comm Property Maint Fund
Designated Cheviot Centre Maint Fund
Designated Youth Hostel Maint Fund
129,650
58,000
2,000
20,000
25,000
51,427
30,898
(44,000)
(2,000)
(20,000)
10,000)
211,975
14,000
15,000
234,650
51,427
(45,102)
240,975
Restricted funds
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-development Cost5
Cheviot Centre Perfonnance Room
Cheviot Centre - Pods and Offices
Remote Learning Hub
M¢chanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddem Dene House
Fonner Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment Cap
Robson Patterson Ancrum Endowment Rev
Glendale Festival
Hugonin Art5
Natural Burial
Spring Clean in Wooler
Twin Towns Project
Glendale Festival Famiers Markets
Window Replacement Cheviot Centre
E-Learning Room
Food Bank
Remote Access Room - Attend aThywhere
Reconnecting Ihe Wooler Water
Feasibility Study - Old Barclays Bank
Garden Activities with Children
Marjorie Stephenson Small Grants
Illuminated Sheep
Memory Lane Dementia Care
Glendale Nourish & Share Shed
Wann Space
Fuel for Shopping Trips
Carham Defibrillator
314,021
17,946
35,593
4,510
45,258
11,936
32,295
149,354
4,404
155
262,384
284,953
347,265
163.449
34,009
349,752
1,871
318,834
197,698
26,706
1,068
8,952
842
(6,716)
(344)
(712)
(108)
(905)
(239)
(646)
(2,986)
(468)
(2)
(5,248)
(6,066)
(6,943)
(3,270)
(680)
(7,529)
(37)
(6,287)
(5,885)
(1.068)
1,128
308,433
17,602
34,881
4,402
44,353
11,697
31,649
146,368
2,667
153
257,136
278,887
340,322
160,179
33,329
368,929
1,834
308,125
197,762
25,638
(1,269)
26,706
(4.422)
5,949
(1,068)
(1,998)
(842)
1,003
6,954
1,003
113
861
5,195
75
4,017
2,250
1,093
(1,296)
(980)
(113)
(861)
1,227
199
(75)
6,621
(4,017)
2,012
11,069
(1,093)
15,331
1,661
980
1,021
(1,340)
(303)
8,979
3,498
5,626
524
457
365
1,021
6,448
7,788
303
8,979
3,498
5,626
524
457
Page 19
continued...

GLEI NDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR EI NDED 31 MARCH 2024
13.
MOVEMENT IN FUNDS- continued
New Heating System - Cheviot Centr¢
120)
120)
2.624,583
38,632)
45,102
2,631,053
TOTAL FUNDS
2,859 233
12,795
2 872,028
Page 20
continued...

GLII NDALE GATII WAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
MOVEMENT IN FUNDS - continued
Comparative nel movement in funds, included in the above are as follows..
Incoming
resources
Resource5
expended
Movement
in funds
Unrestricted funds
General fund
215,506
(164,079)
51,427
Restricted funds
Cheviot Centre
Cheviot Centre - Foyer
Cheviot Centre - Library Extension
Cheviot Centre - Sensory Garden
Cheviot Centre - Library Fitting Out
Cheviot Centre - Pre-developement Costs
Cheviot Centre Perfomance Room
Cheviot Centre - Pods and Offices
Remote Learning Hub
Mechanics Institute
Town Centre Regeneration
Youth Hostel
31 High Street
Old Library
12a Church Street
Roddam Dene House
Communal Garden at Roddem Dene House
Fornier Barclays Bank
Wheatsheaf
Robson Patterson Ancrum Endowment Cap
Glendale Festival
Hugonin Arts
Natural Burial
Twin Towns Project
Glendale Festival Farniers Markets
E-Learning Room
Food Bank
Reconnecting the Wooler Water
Feasibility Study - Old Barclays Bank
Garden Activities with Children
Marjorie Stephenson Small Grants
Illuminated Sheep
B Rattcliffe - for local use
Pi'ovide log bank
Memory Lane Dementia Care
Glendale Nourish & Share Shed
Wami Space
Fuel for Shopping Trips
Carham Defibrillator
New Heating System - Cheviot Centre
(6,716)
(344)
(712)
(108)
(905)
(239)
(646)
(2,986)
(468)
(2)
(5,248)
(6,066)
(6,943)
(3,270)
(680)
(7,529)
(37)
(6,287)
(5,885)
(1,068)
(4,697)
(842)
(6,716)
(344)
(712)
(108)
(905)
(239)
(646)
(2,986)
(468)
(2)
(5,248)
(6,066)
(6,943)
(3,270)
(680)
(7,529)
(37)
(6,287)
(5,885)
(1,068)
(1,998)
(842)
1,003
(861)
1,227
(4,017)
2,012
1,661
980
1,021
( I,340)
(303)
2,699
1,003
(870)
(1,533)
(4,017)
(4,128)
(1,991)
(3,743)
(1,379)
(1,534)
(767)
(600)
(2,500)
(1.299)
(4,096)
(5,720)
(226)
2,760
6,140
3,652
4,723
2.400
194
464
600
2,500
JO,278
7,594
11,346
750
457
8,979
3,498
5,626
524
457
57,569
96,201)
38,632
TOTAL FUNDS
273.075
260,280)
12,795
Page21
continued...

GLENDALE GATEWAY TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
MOVEMENT IN FUNDS- continued
Transfers between funds
The transfers between restricted and unrestricted funds during the year represent COSts on restricted projects that
had been rnet by the general funds of the charity.
14.
RELATED PARTY DISCLOSURES
During the year Ms A Wood, a trustee, was paid £2,350 for sessional work. Thi5 is in her capacity as a
professional artist engaged lo run an afterschool art club for the children of Wooler and the surrounding area.
She was also paid £107 for items to resell in the centre shop. All transactions were on ann's length tenns. At
the year end Ms Wood was owed £120 by the charity.
Page 22

GLENDALE GATEWAY TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 LVIARCH 2024
3113124
3113123
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Grants
18,487
4,395
95,124
20,942
40,843
118,006
61,785
Investment income
Deposit account interest
6,341
92
Charitable activities
Rental income
Room hire
Sale of goods or services
197,636
17.593
21,213
180,782
15,813
14,603
236,442
211,198
Total incoming resources
360,789
273,075
EXPENDITURE
Other trading activities
Purchases
5,239
3,969
Charitable activities
Wages and salaries
Social security
Pensions
Other employee cosls
Cheviot Centre
Youth hostel
Residential properties
Town commercial properties
Other costs including admin
Glendale Festival costs
Depreciation of tangible fixed assets
Loan interest
Grants to institutions
Grants to individuals
115,942
3,726
2,051
826
35,154
1,780
65,050
7,867
50,622
1,907
54,226
92,612
1,879
1,716
838
18,257
1,972
41,787
3,487
21,902
6,229
55,249
3,015
3,568
600
4.528
343,679
253,111
Support costs
Governance costs
Indep't examiners remuneration
Accountancy and legal fees
1,000
4,555
1,000
2,200
5,555
Total resources expended
354,473
260,280
Net income
6,316
12.795
This page does not form part of the statutory fmancial statements
Page 23