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|CONTENTS||PAGES|
|---|---|---|
|Members ofthe Board and professional|advisers||
|Trustees'
annual
report||2to13|
|Auditors'
report||14to 16|
|Statement offinancial
activities|||
|Balance sheet||18|
|Statement ofcash flows||19|
|Notes to the financial statements||20 to 35|
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|The board|oftrustees|David Barker||
|---|---|---|---|
|||lan Dodds||
|||Paul Ennals||
|||Michael Pratt||
|||Fiona Wharton||
|||Alison Dunn||
|||Donna Bulmer||
|||Kasia Kurowska|(retired March 2021)|
|||Jennifer McAteer||
|||David Robinson||
|||Steven Duckworth||
|||Michael Fawole||
|||Edward
Kunonga||
|||Kerry Robinson||
|||Kumareswaradas|Ramanathas|
|Company|secretary|Carol Ownsworth|(nee Botten)|
|Registered|office|4'" Floor||
|||MEA House||
|||Ellison Place||
|||Newcastle
upon Tyne||
|||Tyne and Wear||
|||NE1 8XS||
|Accountants||Debkre Limited||
|||Chartered
Accountants||
|||Swallow House||
|||Parsons Road||
|||Washington||
|||Tyne and Wear||
|||NE37 1EZ||
|Auditors||Read, Milburn
8 Co||
|||Chartered
Accountants||
|||71 Howard
Street||
|||North Shields||
|||Tyne and Wear||
|||NE30 1AF||
|Bankers||Unity Trust Bank Plc||
|||Four Brindleyplace||
|||Birmingham||
|||B1 2HB||
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|||Unrestricted|Funds||||
|---|---|---|---|---|---|---|
||||Desig-||Total|Total|
|||General|nated|Restricted|Funds|Funds|
||Notes|Funds|Funds|Funds|2021f|2020
1f|
|INCOME FROM:|||||||
|Voluntary
income|4|300|||300|320|
|Investment
income|5|3,156|||3,156|3,149|
|Charitable
activities|6|343602||348 453|692 055|3?0793|
|TOTAL INCOME||347,058||348,453|695,511|374,262|
|EXPENDITURE ON:|||||||
|Charitable
activities||~261 122|~24 066|{2268556|~553 744|~413 794|
|TOTAL EXPENDITURE|7|(261,122)|(24,066)|(268,556)|(553,744)|(413,794)|
|NET INCOME/(EXPENDITURE)||85,936|(24,066)|79,897|141,767|(39,532)|
|Transfers
between funds|15|~95 123|73 177|21 946|||
|Net movement
in funds|8|(9,187)|49,111|101,843|141,767|(39,532)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward||96880|139015||235 895|275427|
|TOTAL FUNDS CARRIED|||||||
|FORWARD||8?,693|188,126|101,843|377,662|235,895|
##
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||Notes|2021|2020|
|---|---|---|---|
|FIXEDASSETS||||
|Intangible assets|11|8,053|9,591|
|Tangible assets|12|5 295|4 424|
|||13,348|14,015|
|CURRENT ASSETS||||
|Debtors|13|160,543|196,055|
|Cash at bank and in hand||536253|285269|
|||696,796|481,324|
|CREDITORS||||
|Amounts
falling due within one year|14|332482|259444|
|NET CURRENT ASSETS||364,314|221,880|
|TOTAL ASSETS LESSCURRENT LIABILITIES||377662|235 895|
|NET ASSETS||377,662|235,895|
|The funds ofthe charity:||||
|Unrestricted
funds:||||
|General
fund||87,693|96,880|
|Designated
funds||188126|139015|
|||275,819|235,895|
|Restricted funds||101 843||
|TOTAL FUNDS|15|377,662|235,895|
##
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||||||Notes|2021|2020|
|---|---|---|---|---|---|---|---|
|||||||f.||
|Cash generated|from operating||activities|||253918|18655|
|Net cash from|operating
activities|||||253,918|'/8, 655|
|Cash flows from investing||activities||||||
|Purchase ofintangible
assets
Purchase oftangible assets||||||(3,000)
(3,090)|(13,750)
(4,767)|
|Interest received||||||3 156|3 149|
|Net cash used|in investing|activities||||(2,934)|(15,368)|
|Net increase/(decrease)
in||cash and cash||||||
|equivalents||||||250,984|3,287|
|Cash and cash|equivalents|at|beginning|ofyear||28.'+69|&21982|
|Cash and cash|equivalents|at|end ofyear||||285+59|
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||3
Statement of Financial Activ|ities for|the prior year|||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Funds||||
||||||||Total|
||||General|Designated|Restricted|Funds||
|||Notes|Fundsf|Fundsf|Fundsf||2020|
||INCOME FROM:|||||||
||Voluntary income|4|320||||320|
||Investment income|5|3149|||3,149||
||Charitable
acti vities|6|261 684||109109|370793||
||TOTAL INCOME||265,153||109,109|374,262||
||EXPENDITURE ON:|||||||
||Charitable
activities||261 706|27447|124641|413794||
||TOTAL EXPENDITURE|7|(261,706)|(27,447)|(124,641)|(413,794)||
||NET (EXPENDITURE)/INCOME||3,447|(27,447)|(15,532)|(39,532)||
||Transfers between
funds|15|~61555|61555||||
||Net movement
in funds||(58,108)|34,108|(15,532)|(39,532)||
||RECONCILIATION
OFFUNDS|||||||
||Total funds brought
forward||154988|104907|15532|275|427|
||TOTAL FUNDS CARRIED|||||||
||FORWARD||96,880|139,015||235,895||
|4|Voluntary
income|||||||
||||||Unrestricted
2021|2020
f||
||Donations||||300|~2||
|5|Investment
income|||||||
||||||Unrestricted|2020||
||||||2021|||
||Deposit account interest receivable|||||~31||
##
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|ncome from reso|urces from charitabl|e
activities||||||
|---|---|---|---|---|---|---|---|
||||Sales and|Total|Total Un-|||
|||Grant
income
F|events
f|Restricte
d Funds
f|restricted
Funds
f|Total
2021f|Total
2020|
|Policy & Consultancy|Projects|92,015|93,436|92,315|93,136|185,451|160,683|
|Health 8 Wellbeing|Projects|19,000|118,118|54,000|83,118|137,118|27,800|
|Climate Emergency|Projects|113,476||113,476||113,476|20,000|
|Covid 19Response|8 Recovery Projects|78,662||78,662||78,662||
|Connect Fund North|East—|||||||
|Investing
for Social Impact|||||||8,000|
|Funding
Information|North East|10,000||10,000||10,000|12,000|
|North East Funders|Network||10,000||10,000|10,000|10,000|
|VONNE —Core Income||82 000|75 348||157348|157348|132310|
|Total||395,153|296,902|348,453|343,602|692,055|370,793|
##
|7
Charitable
activit|ies costs||||||||
|---|---|---|---|---|---|---|---|---|
||||||Events||Total|Total|
|||Direct|Depre-|Support|8|Governance|Funds|Funds|
|||costs
f|ciation
f|Costs
f|Meetings
f|costs
F|2021f|2020
f|
|Policy 8 Consultancy|||||||||
|Projects||194,234|1,068|8,166|800|271|204,539|170,695|
|Health
&Wellbeing|Projects|73,391|929|8,173||235|82,728|27,800|
|Climate Emergency|Projects|81,996|688|5,729|131|175|88,719|35,100|
|Covid 19Response|&||||||||
|Recovery Projects
Connect Fund North|East—|51,739||3,353||113|55,652||
|Investing
for Social Impact||||||||23,532|
|FINE||10,400||99|||10,499|12,000|
|North East Funders|Network|9,933|8|57||2|10,000|10,000|
|VONNE —Core Expenditure||68 761|3617|27 304|253|1 672|101607|134667|
|Total||490,454|6,757|52,881|1,184|2,468|553,744|413,794|
|Direct costs are made up as follows:|||||||||
|||||||2021f|2020
E||
|Staff costs (per note 10)||||||285,315|242,335||
|Recruitment
costs||||||120|||
|Research and consultancy||||||199,700|90,744||
|Travel and subsistence||||||4,894|8,945||
|Training
projects||||||425|6850||
|||||||490,454|348,974||
|Governance costs are made up as follows:|||||||||
|||||||2021f|2020||
|AGM expenses||||||173|876||
|Auditors'
remuneration||||||2 295|2250||
|||||||2,468|3,126||
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|Net move|ment
in funds|are stated after charging/(creditin|g):|||
|---|---|---|---|---|---|
||||2021||2020|
||||f||E|
||||||1|
|Auditors'|remuneration||2,295||2,250|
|Depreciation —owned||assets|2,219||829|
|Website
Rent|development|amortisation|4,538
1~5|~1|4,159|
##
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|2020:none)
taff costs|for travel|costs|
incurred
within|
the year.|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f||
|Wages and|salaries||||248,935|209,884|
|Social security costs
Pension costs|||||18,j80
17600|15,997
16454|
||||||285,315|242,335|
|he average|monthly|number|ofemployees|during the year was as follows:|||
||||||2021|2020|
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|Intangible
fixed ass|ets||
|---|---|---|
|||Website|
|||Development|
|COST|||
|At 1 April 2020||39,135|
|Additions||3,000|
|Disposals||~25385|
|At 31 March 2021||16,750|
|AMORTISATION|||
|At 1 April 2020||29,544|
|Charge for the year||4,538|
|Amortisation
written|off in the year|~25 385|
|At 31 March 2021||8,697|
|NET BOOK VALUE|||
|At 31 March 2021|||
|At 31 March 2020|||
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|At 31 March 2020
angible fixed assets||||
|---|---|---|---|
||Fittings and|Computer||
||fittings|Equipment
f|Total|
|COST||||
|At 1 April 2020|10,476|22,992|33,468|
|Additions||3,090|3,090|
|Disposals||~15522|~15522|
|At 31 March 2021|10,476|10,560|21,036|
|DEPRECIATION||||
|At 1 April 2020|10,302|18,742|29,044|
|Charge for year|102|2,117|2,219|
|Disposals||~15522|~15522|
|At 31 March 2021|10,404|5,337|15,741|
|NET BOOK VALUE||||
|At 31 March 2021||||
|At 31 March 2020||||
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||||||1April|||31 March|
|---|---|---|---|---|---|---|---|---|
||||||2020f|Receivable
f|Released
f|2021f|
|Membership
income|||||16,788|33,877|(32,058)|18,607|
|Connect Fund North East - Barrow Cadbury
Trust|||||(1,000)||1,000||
|VONNE Climate Action Alliance Catalyst|||Definition||||||
|Programme|||||||(1,350)|(1,350)|
|ERDF: Catalysing|Innovation|in NE Clusters|||(5,125)|10,207|(6,446)|(1,364)|
|North East Climate|Coalition|—NENC Integrated|||||||
|Care System|||||60,000|60,000|(47,126)|72,874|
|Safeguarding
Partnership
—funded jointly|||by Dept.||||||
|for Digital Culture|Media and|Sport and the National|||||||
|Lottery Community|Fund||||8,625|57,470|(66,095)||
|Design Hops —CAST|||||2,200||(2,200)||
|NENC ICSVCSE|Leadership|Programme|||66,467|86,260|(64,594)|88,133|
|CVD Network|||||10,000||(10,000)||
|SirJames Knott Trust —Ageing Well Community||||of|||||
|Practice|||||30,000||(30,000)||
|Local Access Programme|||||(1,868)|19,442|(17,574)||
|Northern
Powergrid|—Events|||||18,100|(12,967)|5,133|
|NASP||||||67,484|(17,484)|50,000|
|Digital Infrastructure|Project —National
Lottery||||||||
|Community
Fund
Recruitment
Support Services||||||50,000
2 550|~2900|50,000
~350|
||||||186,087|405,390|(309,794)|281,683|
##
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|15|Movement
in funds||||||||
|---|---|---|---|---|---|---|---|---|
||For the year ended 31 March|2021|||At 1|Net|Transfers|At 31|
||||||April|movement|between|March|
||||||2020
E|in funds
f|funds
f|2021
f|
||Unrestricted
funds|||||||1|
||General funds||||96,830|83,313|(95,123)|85,020|
||Yes We Can Leadership||||50|(50)|||
||Northern
Powergrid —Event Co-ordination|||||1,633||1,633|
||North of England
Commissioning||||||||
||Support —VCSE Engagement|in|Health|||1 040||1 040|
||||||96,880|85,936|(95,123)|87,693|
||Designated
funds:||||||||
||Project development
8 innovation||fund||20,000||20,000|40,000|
||Redundancy
fund||||17,644||10,940|28,584|
||Repair and replacement
fund||||2,500|(4,698)|4,698|2,500|
||Maternity,
sickness 8 jury service||reserve||43,253|(750)|2,874|45,377|
||Organisational
development
fund||||22,000||18,000|40,000|
||COVID-19 working
arrangements||||||||
||reconfiguration
fund||||5,000|||5,000|
||Office reconfiguration
fund||||10,000|||10,000|
||ERDF Innovation
Clusters
Match||fund||18618|~18618|16665|16665|
||||||235,895|61,870|(21,946)|275,819|
||Restricted funds||||||||
||Connect Fund North East —Investing|||for|||||
||Social Impact|||||(885)|885||
||Funding
Information
North East|||||(499)|499||
||ERDF:Catalysing
Innovation
in|North||East|||||
||Clusters|||||(20,562)|20,562||
||Local Access Programme
—Access||||||||
||Foundation|||||726||726|
||CVD Networks —VCS Engagement|||||9,750||9,750|
||VONNE Climate Action Alliance|—Lankelly||||||24,757|
||Chase|||||24,757|||
||Ann Cleeves Community
Reading|||||||34,600|
||Facilitators|||||34,600|||
||COVID-19 Response
Grant National|||Lottery||||21,278|
||Community
Fund|||||21,278|||
||PHE Health
Inequalities/
COVID-19|||||9,000||9,000|
||COVID-19 Recovery —County Durham||||||||
||Community
Foundation|||||1 732||1 732|
|||||||79,897|21,946|101,843|
||TOTAL FUNDS||||235,895|141,767||377,662|
##
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|Movement
in funds|(continued)|(continued)|(continued)||||||
|---|---|---|---|---|---|---|---|---|
|For the year ended|31March 2020||||At 1|Net|Transfers|At 31|
||||||April|movement|between|March|
||||||2019|in funds|funds|2020|
|Unrestricted
funds|||||||||
|General funds|||||154,988|3,397|(61,555)|96,830|
|Yes We Can Leadership||||||50||50|
||||||154,988|3,447|(61,555)|96,880|
|Designated
funds:|||||||||
|Project development|&innovation||fund||16,443|(21,681)|25,238|20,000|
|Redundancy
fund|||||/0,577||7,067|17,644|
|Repair and replacement
fund
Maternity,
sickness
&jury service
Organisational
development
fund|||reserve||5,000
35,897
36,990|(4,698)
(1,068)|2,198
8,424
(14,990)|2,500
43,253
22,000|
|COVID-19 working arrangements|||||||||
|reconfiguration
fund|||||||5,000|5,000|
|Office reconfiguration|fund||||||10,000|10,000|
|ERDF Innovation
Clusters||Match|fund||||18618|18618|
||||||259,895|(24,000)||235,895|
|Restricted funds|||||||||
|Connect Fund North|East —Investing|||for|||||
|Social Impact|||||15532|~15532|||
||||||15,532|(15,532)|||
|TOTAL FUNDS|||||275,427|(39,532)||235,895|
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|Net movementin
funds, included|in|the a|bove are|as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movementin|
|||||resources|Expended|funds|
|Designated
funds|||||||
|Project Development
& Innovation||Fund|||(21,681)|(21,681)|
|Maternity,
sickness and Jury Fund
Repair and replacement|||||(1,068)
~4698|(1,068)
~4698|
||||||(27,447)|(27,447)|
|tJnrestricted
funds|||||||
|General Fund||||92,779|(89,382)|3,397|
|Millfield House Foundation||||42,000|(42,000)||
|Hadrian
Trust||||1,000|(1,000)||
|Clinks||||47,509|(47,509)||
|Northern
Powergrid-
Community
Engagement||||14,880|(14,880)||
|Yes We Can Leadership
Training||||7,000|(6,950)|50|
|The National Lottery Community|Fund|||10,000|(10,000)||
|Northern
Powergrid —Event Co-ordination||||9,933|(9,933)||
|Development
& Co-ordination
Support MEA|||||||
|Trust||||l2,252|(12,252)||
|North ofEngland
Commissioning|Support-||||||
|VCSEengagement
in health||||27800|27800||
|||||265,153|(261,706)|3,447|
|Restricted funds|||||||
|Funding
Information
North East||||12,000|(12,000)||
|ERDF: Catalysing
Innovation in|NE|Clusters||14,081|(14,081)||
|Connect Fund North East —Investing
for|||Social||||
|Impact
LocalAccess Programme —Access||||8,000|(23,532)|(15,532)|
|Foundation||||11,868|(11,868)||
|VCSE Sustainability
Partnership|Project||||||
|(Development
Phase) —National|Lottery||||||
|Community
Fund||||11,655|(11,655)||
|Safeguarding
Partnership
—fundedjointly|||by||||
|Dept, for Digital Culture
Media and Sport|||and||||
|the National Lottery Community|Fund|||31,505|(31,505)||
|North East Climate
Coalition —North||of|||||
|England
Commissioning
Support||||10,000|(10,000)||
|North East Climate
Coalition —Community|||||||
|Foundation
Tyne & Wear and Northumberland||||10000|10000||
|||||109,109|(124,641)|(15,532)|
|TOTAL FUNDS||||~3742 2|~413 7g44|QHXM2|
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|16|Analysis of|net assets betwee|net assets betwee|net assets betwee|n
funds|||||
|---|---|---|---|---|---|---|---|---|---|
||For the year|ended 31 March|||2021|||||
|||||||Unrestricted|Designated|Restricted|31 March|
|||||||Funds|Funds|Funds|2021|
||Fixed assets|||||13,348|||13,348|
||Net current assets/(liabilities)|||||74 345|168126|101 843|364 314|
|||||||87,693|188,126|101,843|377,662|
||For the year|ended 31 March 2020||||||||
|||||||Unrestricted|Designated|Restricted|31March|
|||||||Funds|Funds|Funds|2020|
||Fixed assets|||||14,015|||'/4, 015|
||Net current assetsl(liabilities)|||||82865|139015||221 880|
|||||||96,880|139,015||235,895|
|17|Cash generated||from operating||activities|||||
|||||||||2021|2020|
|||||||||F|E|
||Net movement||in funds|||||141,767|(39,532)|
||Adjustments|for:||||||||
||Depreciation|||||||6,757|4,988|
||interest receivable|||||||(3,156)|(3,149)|
||Changesin:|||||||||
||Debtors|||||||35,512|(163,056)|
||Creditors|||||||73038|219404|
||Net cash used||in operating|activities||||253,918|18,655|
|18|Commitments|under operating|||leases|||||
|he tot|al|future
minimum
lease payments
under|non-cancellable
operating
leases are as|follows:|
|---|---|---|---|---|
||||2021|2020|
|Within|1|year||1,245|
|Within|2|—5years|||
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