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|LEGAL AND ADMI|LEGAL AND ADMI|NI|STR|ATIVE
INFORMATION|ATIVE
INFORMATION|ATIVE
INFORMATION|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Name of Charity||||Seahouses
Development|||Trust||||||||
|Incorporation||||The organisation
and Seahouses|was
incorporated
Development
Trust||||||as The
on 18|North
Sunderland
October 1996 and|||
|||||registered
as a|charity|on|20 May 1999. Governing||||||documents||
|||||were amended|by special||resolutions||||on 15|April|1998,6|April|
|||||1999 and
19|October||2009|||and|the
name||changed|to|
|||||Seahouses
Development|||Trust|||on 21|November 2009.||||
|Registered|Charity|No||1075610|||||||||||
|Registered|Company||No|3265921|||||||||||
|Directors ITrustees||||D Paul - Chair|||||||||||
|||||G Scott|||||||||||
|||||A K G Wardropper|||||||||||
|||||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
B1|2HB||||||||||
|CONTENTS||||
|---|---|---|---|
||||Page|
|Trustees
Report|||4-9|
|Independent|Examiners|Report|10|
|Statement
of|Financial|Activities||
|Balance Sheet|||12|
|Notes to the|Financial Statements||13—21|
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||||Notes|Unrestricted|Designated|Restricted|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||f|f|
|INCOME|||||||||
|Income from:|||||||||
|Donations||and fundraising||11,936||6,262|18,198|1,758|
|Charitable|activities
- Grants|||19,717||69,502|89,219|99,311|
|Charitable
activities||||13,527|4,572||18,099|12,433|
|||Rental income||9,407|||9,407|7,130|
|||||54,587|4,572|75,764|134,923|120,632|
|Total charitable||income||54 587|4 572|75764|134923|120632|
|EXPENDITURE|||||||||
|Charitable
activities|||||||||
|Charitable
activities - Operation
ofthe Trust||||51,997|13,250|39,005|104,252|92,968|
||Exceptional
costs
Depreciation
Governance|||2,071
400|||2,071
400|11,923
2,762
400|
|Total charitable||expenditure||54468|13250|39005|106723|98562|
|Net income I (expenditure)||||119|(8,678)|36,759|28,200|22,070|
|Transfers||||3,384||(3,384)|||
|Net movement
year||in funds for the||3,503|(8,678)|33,375|28,200|22,070|
|Fund balances||brought
forward||32 321|22 485|16558|71 364|48 284|
|Fund balances||carried forward||35824|13,807|49,933|99,564|71,364|
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|OTES TO THE FINANCIAL STATEME
.Rental and other income|NTS FOR THE YEAR|ENDED 31 M|
|---|---|---|
||2022f|2021
E|
|Rental income - Hub|9,407|7,130|
|Other charitable
activities|18,085|12,408|
|Interest receivable|14|25|
||27 566|76 563|
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|uxury
Linen|Hire Limited
is shown
below:||
|---|---|---|
|||2022|
|||E|
|Summary
profit and loss account
Turnover||33,103|
|Cost ofsales||26,805|
|Gross profit
Donation
to SDT||6,298
5,839|
|Administration|expenses|459|
|Profit for the|year||
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|Luxury|Linen|Hire|33,103|
|---|---|---|---|
|Development||Trust|134,923|
||||168,026|
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|.Total exp||enditure||||||
|---|---|---|---|---|---|---|---|
|||||Staff||Other|Total|
|||||costs|Depreciation|costs|2022|
|||||E|E||E|
|Charitable||activities:||||||
|Operation|and development||of|||||
|the trust||||67,431|2,071|36,821|106,323|
|Exceptional||costs (Covid||||||
|related)||||||||
|Governance||costs||||400|400|
|||||67 437|2 071|37 221|106,723|
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|he average
monthly
number
ofe|mployees
(full-time|equivalents)|
|---|---|---|
||2022|2021|
||Number|Number|
|Trust management|||
|Youth project|||
|Hub
/ Resource centre|||
|Trading
subsidiaries|||
|Employment
costs|E|E|
|Wages and salaries|65,681|65,148|
|Employer
Nl 8, pension
costs|1,750|1,953|
||67,431|67,101|
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|9.
Tangible fix|ed assets|||||
|---|---|---|---|---|---|
||Land &
buildings|Portacabin|Plant &
.
I d.
including
Cinema|Fixtures
Fittings
&
Equipment|TOTAL|
|Cost||||||
|At 1 April 2021|938,683|20,265|103,896|41,544|1,104,388|
|Disposals||||||
|Additions||||||
|At 31 March 2022|938683|20 265|103896|41 544|1,104,388|
|Depreciation||||||
|At 1 April 2021|938,683|19,905|97,408|40,107|1,096,103|
|Disposals||||||
|Charge for the year||90|1,622|359|2,071|
|At 31 March 2022|938,683|19995|99,030|40 466|1,098 174|
|Net book values||||||
|At 31 March 2022||270|4,866|1 078|6 214|
|At 31 March 2021||360|6488|1,437|8 285|
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|0.
Debtors|||||
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Trade debtors|/||||
|grants receivable|||659|2,975|
|Amounts
owed|by trading|subsidiaries|5,839|1,130|
|Other debtors||||97|
|Prepayments|||||
||||6,498|4,202|
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|11.
Creditors: amounts
falling due w|ithin one year||
|---|---|---|
||2022|2021|
|Trade creditors|1,566|254|
|Taxes and social security costs|1,140|1,251|
|Accruals|400|400|
||3,106|1,905|
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|13.
Restricted|Funds|Funds||||||
|---|---|---|---|---|---|---|---|
||Balance||||||Balance at|
||at 1|April||Incoming|Resources|Transfersl|31 March|
|||2021||resources|expended|Write off|2022|
|||||E|6|6|E|
|Revenue
Funds||||||||
|Heritage
Lottery Fund||||5,062|1,678|3,384'||
|Duke of||||||||
|Northumberland||2,482|||370||2,112|
|Ballinger Charitable||||||||
|Trust (Core)||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)||||20,000|8,455||11,545|
|Sir James Knott Trust||||15,000|2,500||12,500|
|Youth Project others||500||1,043|1,043||500|
|Cinema Project||||||||
|donations
and grants||400||7,859|1,283||6,976|
|Cinema project- Film||||||||
|Exhibition
Fund||4,176|||4,176|||
|Young Adventurers||||10,800|3,500||7,300|
||16558|||75 764|39005|3,384|49933|
|14.
Designated|Funds|||||||
||Balance||at||||Balance at|
|||1 April||Incoming|Resources||31 March|
|||2021||resources|expended|Transfers|2022|
||||6|6|f.|||
|First responders||477|||||477|
|Youth project||21,908||357|10,111||12,154|
|Newsletter||||4,215|3,139||1,076|
|Walking to health||100|||||100|
|||22 485||4,572|13,250||13807|
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|und balances at 31|March 2022 are repr|esented
by:|||
|---|---|---|---|---|
||Unrestricted|Designated|Restricted||
||funds|funds|funds|Total|
||6|E|E|E|
|Fixed assets|5,944|270||6,214|
|Current assets|29,880|13,537|49,933|93,350|
||35,824|13,807|49,933|99,564|
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