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|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||||
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|||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|
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||||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|
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||||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|
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||||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|
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|||Charitable|Charitable|
|---|---|---|---|
|||Income|Income|
|||Heading
1|Heading
1|
|||2022|2021|
|||E|E|
|Other|income|322|232|
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|||||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|
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|||||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|
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|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|
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|The avera|ge
monthly
number
of employees
during
|the year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Administration||||
|Chantable|activities|||
|Total||||
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|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|
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||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|
##
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||||||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|
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|||||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|
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