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2022-04-05-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 4
Independent Auditors'	Report	5to 8
Statement of Financial	Activities
Statement of Financial	Activities	10
Balance Sheet
Notes to the Financial	Statements	12to 20

Refere	nce and	Admini	strative De	tails
Trustees			I H Nicholson
			C M Watts
			C C Nicholson
			V Stephenson
Charity Registration		Number	1060725
Principal	Office		5West Road
			Ponteland
			Newcastle upon Tyne
			NE20 9ST
Auditor			Azets Audit Services
			Chartered Accountants		8 Statutory	Auditor
			Bulman House
			Regent Centre
			Gosforth
			Newcastle upon Tyne
			NE3 3LS
Solicitors			lain Nicholson	&Co.
			5West Road
			Ponteland
			Newcastle upon Tyne
			NE20 9ST
Bankers			National Westminster		Bank pic
			Gosforth Branch
			149 High Street
			Gosforth
			Newcastle upon Tyne
			NE3 1HA

Statement ofFinan	cial Activ	ities fo	rthe Year E	nded 5Apri	l 2022
				Total	Total
			Unrestricted	2022	2021
		Note	6		6
Income and Endowments	from:
Investment income		2	63,036	63,036	60,182
Expenditure on: Raising funds Charitable activities Total Expenditure		3 4	(27,644) (65,392) ~93,036)	(27,644) ~(65.392 ~93.036	(27,192) (51,598) ~(78,79D
Gains/(losses) on investment	assets		286,714	286,714	129,225
Net movement in funds			256,714	256,714	110,617
Reconciliation offunds
Total funds brought forward			2,029,010	2,029,010	1,918,393
Total funds carried forward		14	2285724	2285724	2D2901D

Comparative April 2021	State	ment of Financ	ial Activities	for the Year	Ended 5
					Total
			Note	Unrestricted E	2021f
Income and Endowments		from:
Investment income			2	60,182	60,182
Expenditure on:
Raising funds Charitable activities			3 4	(27,192) ~51,598	(27,192) ~51.598
Total expenditure				~78,795	78,790
Gains/(losses) on investment		assets		129,225	129,225
Net movement in funds				110,617	110,617
Reconciliation of	funds
Total funds brought	forward			1,918,393	1,918,393
Total funds carried	forward			2,029,010	2,029,010

g Balance	Sheet	as at 5April 2022
				2022	2021
			Note		r.
Fixed assets
Investments			10	2,256,719	1,998,786
Current assets
Debtors			11	248
Cash at bank	and in hand		12	45,113	46,259
				45,361	46,259
Creditors: Amounts		falling due within one year	13	~(16.356	~(16,635
Net current	assets			29,005	30,224
Net assets				2,285,724	2,029,010
Funds ofthe charity:
Unrestricted	income	funds
Unrestricted	funds			2,285,724	2,029,010
Ttlfd			14	2,285,724	2,029,010

									Unrestricted
									funds	Total	Total
								Note	General f	2022	2021 K
Other investment				management		costs;
	Amounts	payable			to investment		managers		27,644	27,644	27,192
									27,644	27,644	27,192
4	Expenditure			on charitable		activities
									Unrestricted
									funds	Total	Total
									General	2022	2021
								Note		K
Grant funding			of	activities					49,500	49,500	37,000
Allocated		support		costs					13,242	13,242	12,078
Governance			costs						2,650	2,650	2,520
									65,392	65,392	51,598
								Activity	Grant
								undertaken	funding of
								directly	activity	2022	2021
								R			F
Charitable		Grant		Making				15,892	49,500	65,392	51,598

				Unrestricted
				funds	Total	Total
				General	2022	2021f
Charitable		Grant Making		49,500	49,500	37,000
Support	Costs			15,892	15,892	14,598
				65,392	65,392	51,598
Support		costs allocated to charitable	activities Governance costs	Support costs	Total 2022	Total 2021
			6			E
Human	Resources			12,642	12,642	11,478
Finance	Costs			600	600	600
Audit Costs			2,650		2,650	2,520
			2,650	13,242	15,892	14,598

Analysis ofgrants
	2022	2021
	E	F
Grants to institutions All Institutions	49,	00

10Fixed asset investments
		2022	2021
		8
Other investments		2,256,719	1,998,786
Other investments
		Cash or
		cash
	Investments	equivalents	Total
	8	6	6
Cost or Valuation
At 6April 2021	1,877,680	121,106	1,998,786
Additions		13,106	13,106
Disposals	(35,522)		(35,522)
Revaluation	280,349		280,349
At 5 April 2022	2,122,507	134,212	2,256,719
Net book value
At 5 April 2022	2,122,507	134,212	2,256,719
At 5 April 2021	1,877,680	121,106	1,998,786

13Creditors: amounts	falling due within one year
				2022	2021
				6	F
Accruals				16,356	16,D35
14Funds
	Balance at			Other	Balance
	6April 2021 E	Incoming resources 6	Resources recognised expendedgains/(losses) 6		at 5April 2022 6
Unrestdcted
General	2,029.010	63.D36	~93,036)	286,714	2,285,724
	Balance at			Other	Balance
	6April 2020	Incoming resources	Resources recognised expendedgains/(losses)		at 5April 2021
	5			6	6
Unrestricted
General	1,918,393	60,182	~78,790	129,225	2,029,010

		Unrestricted	Total funds
		funds	at 5April
		General	2022
Fixed asset investments		2256 719	2,256,719
Current Current	assets liabilities	45,361 (16,356)	45,361 ~)6,356)
Total nei assets		2,285,724	2,285,724
		Unrestricted	Total funds
		funds	at 5April
		General	2021
		6	6
Fixed asset investments		1,998,786	1,998,786
Current Current	assets liabilities	46,259 ~)6,035	46,259 ~16,D35
Total net assets		2,029,010	2,029,010