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2022-03-31-accounts

Trustees			Mr RG Bland
			Dr M Giesen
			Mr D Cross
			Mr G Kell
			MrJ D Bolland
			Mrs S Bright
			Mr A Slack
			Mr AM Buckley
			Mrs E Robson
			Professor AJ Scott		(Appointed	13July 2021)
			Miss KE Bates		(Appointed	13July 2021)
Charity	number		1081657
Company		number	03147853
Registered		office	53 Lime Street
			Ousebum Valley
			Newcastle upon Tyne
			Tyne and Wear
			NE1 2PQ
Auditor			Robson Laidler Accountants	Limited
			Femwood House
			Femwood Road
			Jesmond
			Newcastle Upon Tyne
			Tyne and Wear
			England
			NE2 1TJ
Bankers			Unity Trust Bank
			The Unity Trust Bank
			Nine Brindley Place
			Birmingham
			B1 2HB

		Page
Trustees' report		1-8
Independent auditor's	report	9-11
Statement of financial	activities	12
Balance sheet		13-14
Notes to the financial	statements	15-26

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2022	2022	2022	2021	2021	2021
		Notes	E	E		E	E	E
~ln ~mfr III..
Donations and	legacies		32,646	54,810	87,456	96,502	18,245	114,747
Charitable activities			322		322	232		232
Other trading activities			229,151		229,151	127,080		127,080
Investments			23		23	38		38
Total Income			262,142	54,810	316,952	223,852	18,245	242,097
x enditure on:
Raising funds		7	6,058		6,058	25,242	3,450	28,692
Chantable activities			200,237	24,300	224,537	204,943	14,795	219,738
Total expenditure			206,295	24,300	230,595	230,185	18,245	248,430
Net Incoming/(outgoing)
resources before transfers			55,847	30,510	86,357	(6,333)		(6,333)
Gross transfers
between funds			1,600	(1,600)
Net income/(expenditure)
for the year/
Net movement	in funds		57,447	28,910	86,357	(6,333)		(6,333)
Fund balances	at 1 April	2021	1,354,844	16,789	1,371,633	1,361,177	16,789	1,377,966
Fund balances	at 31 March
2022			1,412,291	45,699	1,457,990	1,354,844	16,789	1,371,633

			2022		2021
		Notes	f		f
Fixed assets
Tangible assets		12		259,354		262,520
Investment properties		13		928,000		928,000
				1,187,354		1,190,520
Current assets
Stocks		14	2,516		2,572
Debtors		15	38,281		31,870
Cash at bank and in	hand		244,717		181,155
			285,514		215,597
Creditors: amounts	falling due vvfthin
one year		16	(14,878)		(34,484)
Net current assets				270,636		181,113
Total assets less current liabilities				1,457,990		1,371,633
Income funds
Restricted funds		17		45,699		16,789
~Unres rLigtgdfgggs
Designated funds		18	1,199,335		1,158,824
General unrestricted	funds		212,956		196,020
				1,412,291		1,354,844
				1,457,990		1,371,633

			Total	Total
			2022	2021
			6	5
Donations and gifts			6,060	1,505
Grants			81,396	113,242
			87,456	114,747
Grants receivable for core activities
Historic England				18,245
Covid JRS			5,252	29,689
NCC - Covid Relief			5,334	21,308
Power To Change				25,000
NCC - VCSE Resillience		Fund	16,000	19,000
National Heritage			21,500
NCC Workplace	Study		24,910
Community Foundation			3,400
NCC Jublilee Celebrations			5,000
			81,396	113,242

		Charitable	Charitable
		Income	Income
		Heading 1	Heading 1
		2022	2021
		E	E
Other	income	322	232

				Unrestricted	Unrestricted
				funds	funds
				2022	2021
				E	E
Parking	meter	and sundry	income	38,494	23,607
Victoria	tunnel	museum		97,102	11,189
Rental	income			93,555	92,284
Other trading		activities		229,151	127,080

	Unrestricted	Unrestricted
	funds	funds
	2022	2021
	E	E
Interest receivable	23	38
Raising funds
	Total	Total
	2022	2021
	E	E
TLagincLc~ost
Support costs	6,058	28,692
	6,058	28,692

				Conservatio	Conservatio
				n and	n and
				heritage	heritage
				2022	2021f
Depreciation		and impairment		9,489	8,930
Insurance				6,772	6,732
Light and	heat			5,772	4,450
Repairs and		renewals		5,380	2,441
Printing and		stationery		1,803	920
Photocopier		costs		13	1,382
Direct charitable costs				14,497	13,916
Sundries				7,030	9,647
Bank charges				4,076	315
Events				2,574
Catering				1,286
				58,692	48,733
Share of	support costs (see note 9)			147,491	159,594
Share of	governance		costs (see note 9)	18,354	11,411
				224,537	219,738
Analysis	by	fund
Unrestricted		funds		200,237	204,943
Restricted	funds			24,300	14,795
				224,537	219,738

Support costs	Support costs
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
		5	f		f	5
Staff costs		146,016		146,016	158,438		158,438
Rates and	water	1,260		1,260	545		545
Repairs and renewals		4,798		4,798	28,147		28,147
Training and
conferences		660		660	812		812
Bank loan	interest				344		344
Subscriptions		815		815
Audit fees			3,629	3,629		3,238	3,238
Legal and	professional		14,725	14,725		8,173	8,173
		153,549	18,354	171,903	188,286	11,411	199,697
Analysed	between
Trading		6,058		6,058	28,692		28,692
Charitable	activities	147,491	18,354	165,845	159,594	11,411	171,005
		153,549	18,354	171,903	188,286	11,411	199,697

The avera	ge monthly number of employees during	the year was:
		2022	2021
		Number	Number
Administration
Chantable	activities
Total

11	Employees		(Continued)
	Employment costs	2022	2021
		6	6
	Wages and salaries	131,615	146,004
	Social security costs	6,219	4,433
	Other pension costs	8,182	8,001
		146,016	158,438

Tangible fix	ed asset	s
			Freehold land	Fixtures and	Total
			and buildings	flulngs
			F
Cost
At 1 April 2021			270,000	36,631	306,631
Additions				6,323	6,323
At 31 March	2022		270,000	42,954	312,954
Depreciation	and Impairment
At 1 Apnl 2021			21,600	22,511	44,111
Depreciation	charged	in the year	5,400	4,089	9,489
At 31 March	2022		27,000	26,600	53,600
Carrying amount
At 31 March	2022		243,000	16,354	259,354
At 31 March	2021		248,400	14,120	262,520

	The Lime Street	The Lime Street	Warehouse	Warehouse	Warehouse	Flats	reversionary	reversionary	interest	interest	has been	included	at a value off1.The trust also	at a value off1.The trust also
	owns a riverside		walkway		in	the Lower		Ousebum		Valley	for the enjoyment		of the general pubhc.	This has
	not been valued		in the accounts				given	difficulties		in establishing		a market	value, as is permitted	by the
	S OR P.
													2022f	2021 f
	Freehold												928,000	928,000
	Long leasehold
	Shortleasehold
14	Stocks
													2022 f	2021f
	Raw materials	and consumables											2,516	2,572
15	Debtors
	Amounts falling		due	within		one	year:						2022 f	2021f
	Trade debtors												18,351	16,268
	Other debtors												4,665
	Prepayments	and	accrued		income								15,265	15,602
													38,281	31,870
16	Creditors: amounts			faIling due within				one year
													2022	2021
														f.
	Trade creditors												9,003	13,608
	Other creditors												39	13,251
	Accruals and deferred			income									5,836	7,625
													14,878	34,484

					Movement	Movement	in funds
				Balance at	Incoming	Resources		Transfers	Balance at
			1	April 2021	resources	expended			31 March 2022
				6	6		6	6	6
Ouseburn		Futures		16,114					16,114
Mailing	Fund			675					675
Workplace		Study			24,910		(2,400)		22,510
National	Heritage				21,500	(21,500)
Sound	System				2,000		(400)	(1,600)
Ousebum		Festival			1,400				1,400
Jubilee	Celebrations				5,000				5,000
				16,789	54,810	(24,300)		(1,600)	45,699

				Balance at	Resources	Balance at	Resources	Transfers	Balance at
				1 April 2020	expended	1 April 2021	expended		31 March 2022
				E	f	F	E.	f	f
	Capital Reserve			1,167,754	(8,930)	1,158,824	(9,489)		1,149,335
	Development		Reserve					50,000	50,000
				1,167,754	(8,930)	1,158,824	(9,489)	50,000	1,199,335
19	Analysis of		net assets	between funds
				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2022	2022	2022	2021	2021	2021
				f	f	E	f		E
	Fund balances at 31
	March 2022		are
	represented		by.
	Tangible assets			259,354		259,354	262,520		262,520
	Investment	properties		928,000		928,000	928,000		928,000
	Current assets/
	(liabilities)			224,937	45,699	270,636	164,324	16,789	181,113
				1,412,291	45,699	1,457,990	1,354,844	16,789	1,371,633