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|Name of Charity|Name of Charity|||Seahouses
Development|Seahouses
Development|Trust|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Incorporation||||The organisation|was incorporated||||as The|North|Sunderland||
|||||and Seahouses|Development|||Trust|on 18|October 1996||and|
|||||registered
as a|charity on|20 May 1999.Governing|||||documents||
|||||were amended
1999 and
19|by special
October|resolutions
2009
and|||on 15 April
the
name||1998,6
changed|April
to|
|||||Seahouses
Development||Trust||on 21|November 2009.||||
|Registered|Charity|No||1075610|||||||||
|Registered|Company||No|3265921|||||||||
|Directors I|Trustees|||D Paul - Chair|||||||||
|||||G Scott|||||||||
|||||A K G Wardropper|||||||||
|||||C Smithers|||||||||
|||||S Smith|||||||||
|||||S Hillian|||||||||
|||||C Brunt|||||||||
|||||M Jordan|||||||||
|||||G Renner-Thompson|||||||||
|||||Rev A Macpherson
(appointed|||25'" May 2021)||||||
|Hon Treasurer||||C Brunt|||||||||
|Secretary||||S Hillian|||||||||
|Registered|Office|||Seahouses
Hub|||||||||
|||||Stone Close|||||||||
|||||Seahouses|||||||||
|||||Northumberland|NE68 7YL||||||||
|Independent|Examiner|||Richard Alsept ACA|||||||||
|||||72 Kings Field, Seahouses,||Northumberland||||NE68|7PA||
|Bankers||||Unity Trust Bank|||||||||
|||||Nine Brindley Place|||||||||
|||||Birmingham
B12HB|||||||||
##
|CONTENTS||||
|---|---|---|---|
||||Page|
|Trustees Report|||4-9|
|Independent|Examiners|Report|10|
|Statement
of|Financial|Activities||
|Balance Sheet|||12|
|Notes to the|Financial|Statements|13 —22|
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||||Notes|Unrestricted|Designated|Restricted|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||||E|F|E|
|INCOME|||||||||
|Income from:|||||||||
|Donations
and fundraising
Charitable
activities - Grants||||1,258
51,675|100|400
47,636|1,758
99,311|11,800
47,589|
|Charitable
activities||||9,592|2,841||12,433|34,524|
|||Rental income||7 130|||7,130|12825|
|||||69,655|2,941|48,036|120,632|106,738|
|Total charitable||income||69655|2 941|48,036|120632|106738|
|EXPENDITURE|||||||||
|Charitable
activities|||||||||
|Charitable
activities - Operation
ofthe Trust||||49,237|3,253|40,478|92,968|115,894|
||Exceptional costs
Depreciation
Governance|||2,432
2,762
400|||2,432
2,762
400|11,923
3,682
400|
|Total charitable||expenditure||54,831|3,253|40,478|98562|131899|
|Net income I (expenditure)||||14,824|(312)|7,558|22,070|(25,161)|
|Transfers||||4,770|(4,770)||||
|Net movement
year||in funds for the||19,594|(5,082)|7,558|22,070|(25,161)|
|Fund balances||brought
forward||12727|27 567|9000|49,294|74,455|
|Fund balances||carried forward||32 321|22,485|16558|71,364|49,294|
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|OTES TO THE FINANCIAL STATEME
.Rental and other income|NTS FOR THE YEAR|ENDED 31 M|
|---|---|---|
||2021f|2020f|
|Rental income - Hub|7,130|12,825|
|Other charitable
activities|12,408|34,441|
|Interest receivable|25|83|
||19,663|47349|
##
|uxury
Linen|Hire Limited
is shown below:||
|---|---|---|
|||2021|
|Summary
profit and loss account
Turnover||11,062|
|Cost ofsales||9,473|
|Gross profit
Donation to SDT||1,589
1,130|
|Administration|expenses|459|
|Profit for the|year||
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|||||Staff||Other|Total|
|---|---|---|---|---|---|---|---|
|||||costs|Depreciation|costs|2021|
|Charitable||activities:||||||
|Operation|and development||of|||||
|the trust||||67,101|2,762|25,867|95,730|
|Exceptional||costs (Covid||||||
|related)||||||2,432|2,432|
|Governance||costs||||400|400|
|||||67 101|2,762|28,699|98,562|
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|he average
monthly
number ofem|ployees
(full-time|equivalents)|
|---|---|---|
||2021|2020|
||Number|Number|
|Trust management|1|1|
|Youth project|1|1|
|Hub I Resource centre|2|1|
|Trading subsidiaries|||
||4|3|
|Employment
costs
Wages and salaries
Employer
pension costs|E
65,148
1 353|59,693
1,155|
||67,101|60,848|
##
|NOTES TO THE FINANCIAL STATEM|NOTES TO THE FINANCIAL STATEM|ENTS FOR THE|YEA|R ENDED 3|1 MARCH 2021||
|---|---|---|---|---|---|---|
|9.
Tangible fixed assets|||||||
||Land &
buildings|Portacabin|Plant &
I
I di
including
Cinema||Fixtures
Fittings
&
Equipment|TOTAL|
|Cost|||||||
|At 1 April 2020|938,683|20,265||103,896|41,544|1,104,388|
|Disposals|||||||
|Additions|||||||
|At 31 March 2021|938683|20,265||103896|41 544|1 104388|
|Depreciation|||||||
|At 1 April 2020|938,683|19,785||95,245|39,628|1,093,341|
|Disposals|||||||
|Charge for the year||120||2 163|479|2 762|
|At 31 March 2021|938,683|19,905||97,408|40 107|1,096,103|
|Net book values|||||||
|At 31 March 2021||360||6 488|1 437|8 285|
|At 31 March 2020||480||8,651|1 916|11 047|
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|0.
Debtors|||||
|---|---|---|---|---|
||||2021f|2020|
|Trade debtors
/
grants receivable
Amounts
owed by trading
Other debtors
Prepayments||subsidiaries|2,975
1,130
97|3,895
2,492
98
4,573|
||||4,202|11,058|
##
|he amounts
stated above include balanc
1.
Creditors: amounts
falling due w|es owed by related
ithin one year|companie|
|---|---|---|
||2021f|2020f|
|Trade creditors
Taxes and social security costs
Accruals|254
1,251
400|16,324
1,040
400|
||1 905|17764|
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|||Balance|Balance||||Balance at|
|---|---|---|---|---|---|---|---|
|||at 1|April|Incoming|Resources|Transfers/|31 March|
||||2020f|resourcesf|expended
F|Write off
f|2021f|
|Revenue|Funds|||||||
|Heritage|Lottery Fund|||11,478|11,478|||
|Duke of||||||||
|Northumberland||||2,482|||2,482|
|Ballinger|Charitable|||||||
|Trust|||7,500|10,000|10,000||7,500|
|Lord Crewe's Charity||||||||
|(Youth Project)|||1,500|6,000|6,000||1,500|
|Children|in Need|||||||
|(Youth Project)||||12,800|12,800|||
|Hub - Others||||||||
|Youth Project others||||700|200||500|
|Cinema|Project|||||||
|donations||||400|||400|
|Cinema|project —Film|||||||
|Exhibition
Fund||||4,176|||4,176|
||||9 DDD|48,036|40478||16558|
|14.|Designated|Funds||||||
|||Balance at|||||Balance at|
||||1 April|Incoming|Resources||31 March|
||||2020f|resources
f|expended
f|Transfers
f|2021f|
|First responders|||477||||477|
|Youth project|||22,108|261|461||21,908|
|Newsletter|||4,882|2,680|2,792|4,770||
|Walking|to health||100||||100|
||||27 567|2,941|3,253|4,770|22,485|
##
##
|und balances at 31|March 2021 are repre|sented
by:|||
|---|---|---|---|---|
||Unrestricted
funds
6|Designated
funds|Restricted
funds
6|Total
f|
|Fixed assets
Current assets|1,437
30,884|360
22,125|6,488
10,070|8,285
63,079|
||32,321|22,485|16,558|71,364|
##