## **ST CHAD�S COMMUNITY PROJECT**
**(A company limited by guarantee)**
**REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025**
**Charity Number 1085793 Company number 04136595**
**ST CHAD�S COMMUNITY PROJECT (A company limited by guarantee) Trustees� Report For the year ended 31 March 2025**
The Trustees, who are also directors of the charitable company for the purposes of company law, submit their annual report and the nancial statements of St Chad�s Community Project (the charitable company) for the year ended 31 March 2025.
The nancial statements comply with the Chari es Act 2011, the Companies Act 2006, the Memorandum and Ar cles of Associa on, and the Accoun ng and Repor ng by Chari es: Statement of Recommended Prac ce applicable to chari es preparing their accounts in accordance with the Financial Repor ng Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Our Vision, Mission, Core Values and Behaviours**
We believe in the power of **�one�,** whether that�s **one** person making a di erence, **one** team at St Chad�s, or **one** connected community.
- **Our vision** is to build a vibrant and resilient community in Bensham.
- **Our mission** is to o er a range of community focused services that support residents to become empowered and connected, helping create one community.
**Our core values** form the founda on of everything we do, they are the compass that guides us in the rela onships with each other, those that we form with our residents in our community, and with our delivery partners.
- **We add real value** � we o er relevant services that meet our community�s needs, making a di erence in the quality of our resident�s lives.
- **We are trustworthy** � we trust and respect each other, our residents, and delivery partners. Everything we do is underpinned by mutual respect.
- **We are suppor ve** � we are friendly and approachable; we build trust and rapport with our residents and delivery partners through teamwork.
- **We are professional** � our standards and delivery are exemplary. Our sta , volunteers, and trustees are fully trained and have personal development plans to help them become the best versions of themselves.
## **We demonstrate behaviours based on our core values:**
- **We are responsive** � we recognise our community has changing needs, and we will be exible in our response to meet exis ng and emerging needs.
- **We are respected** � we are proud of what we do, and we are professional in our delivery.
- **We are trusted** � we will be open, inclusive, non-judgemental, and suppor ve of each other and our community.
- **We are accountable** � in everything we do.
- **We are welcoming** � we will always greet you with a smile, and a gentle and appropriate sense of humour.
1
**(A company limited by guarantee)**
**For the year ended 31 March 2025**
## **Children & Family Pillar**
## ~~eo~~ **Family Support Service**
Our Family Support service delivers a wide range of activities for vulnerable and at-risk families. In September 2024, the Family Support team introduced a new case management framework. This uses a set of indicators for families to self-identify strengths and support needs, enabling a holistic
supported to co-develop clear, time-bound goals, which are reviewed regularly. The framework promotes a proactive, non-assumptive approach. Over the year, the team provided direct outreach support to 140 families and closed case file data shows an average improvement of 22% across all indicator levels.
## **Case Study: Family Support Service**
A family was referred to the Family Support Service by another professional due to social isolation and the complexities of seeking asylum, facing barriers including language difficulties and limited engagement with community services. Through persistent outreach, the family support worker engaged the mother and younger children, supporting their involvement in activities at St Chads and providing emotional and practical support around the asylum process.
2
**(A company limited by guarantee)**
**For the year ended 31 March 2025**
family support worker provided advocacy with the school, secured interpreter support, and
support continued through education and legal processes.
As a result, the younger children are actively engaged in their community, the family has received approval for asylum status and St Chads has become a trusted source of support for the family.
families facing complex challenges. Through consistent, trauma-informed support, advocacy, and multi-agency working, the service helped reduce isolation, improve access to services, and support the family towards greater stability.
A further 108 families registered and regularly attended our weekly Parent, Carer and Toddler Groups, held twice weekly during term time. These sessions featured messy play, arts and crafts, toys, use of the sensory room, reading areas, seasonal events such as Halloween and Christmas parties, and organised trips. Breakfast or refreshments were offered at each session, supported by a £500 grant from Tesco Tokens (via Groundwork).
We continued our partnership with Gateshead Council through the Family Hubs Start for Life programme. This year, we received £75,382 in funding, enabling us to strengthen our support for local families and connect them with the wider Start for Life offer. This work complements our broader family support provision, including projects funded by The National Lottery
## **Out of School Club**
Our Out of School Club operated throughout the year, covering both term-time and school holiday provision. A total of 102 children, aged 3 to 14, were registered during the year. The service generated £67,912 in fee income, an 18% increase on the previous year, supported in part by a 15% childcare fee increase implemented in April 2024.
The programme offered a wide range of activities and outings. Children enjoyed trips to the beach, the cinema, the Hancock Museum, Whitehouse Farm, and regular visits to local greenspaces including Saltwell Park. Our holiday programme delivered engaging sessions such as science experiments, arts and crafts, baking, gardening, and messy play. Thanks to a grant of £2,340 from the Henry Smith Charity, the children also took part in a special adventure trip to Alnwick Castle and Lilidorei.
3
**(A company limited by guarantee)**
## **For the year ended 31 March 2025**
In addition, the children raised £328.30 through Christmas and Easter raffles, contributing to the ongoing development of the service.
## ~~re~~ **Early Years Nursery Provision**
This year, 17 children aged 2 to 4 were registered in our Early Years nursery provision. Families accessed government-funded childcare places for 2, 3 and 4-year-olds, through which we received £32,485, an increase of 96% compared with the previous year.
The provision included trips to Saltwell Park, local shops, and the library, alongside a wide range of activities designed to support children’s learning and development across key areas. All practice was delivered in line with the Early Years Foundation Stage (EYFS), using the _Birth to 5 Matters_ non-statutory guidance to inform high-quality early years experiences.
## ~~ee~~ **Community Outreach Creche**
We continued to deliver our weekly community outreach crèche in partnership with the Young
Foundation). This year, provision expanded from one to two sessions per week.
A total of 25 children were registered for creches across all projects, and we delivered 307 crèche places across 62 weekly sessions. This support enabled young parents to participate in their weekly social group and access vital peer support. As one parent (aged 21) commented: “My child enjoys
> **Youth Club** October 2024, we secured a £7,945 grant from Connected Voice Health Alliance to establish and deliver a new youth club for 1 year. The club named “Big Kidz Only” by the young SS people themselves, supports children aged 10-14
and is delivered in partnership with our tenants, Youth Focus NE.
Between October 24 and March 25, 18 children
were registered to attend. The club provided a safe and supportive social space where young people can build friendships, plan their own activities, and receive support with their transition to Key Stage 4.
During its first six months, participants enjoyed a variety of activities including football, basketball, cooking, themed group discussions, and outings to local greenspaces. They also took part in trips to
We look forward to seeing how the club will develop over the coming
year.
4
**(A company limited by guarantee)**
## **For the year ended 31 March 2025**
Child poverty remains a significant issue in Gateshead, with 43% of children in Bensham living in poverty. As a result, providing nutritious home cooked hot food and positive holiday experiences for children continues to be a core priority for the charity. Our Holiday Programme received funding from Feeding Britain and Gateshead Council, enabling us to deliver a fun, engaging schedule of activities throughout the school holidays.
Our annual Christmas Appeal once again received an overwhelming response. With the support of our community and funding through the Household Support Fund, we distributed toys to 237 children and food hampers to 71 families, which included meat, fresh vegetables and festive treats. In addition, 71 adults received individually wrapped gift boxes.
## **Commercial & Retail Pillar**
## ~~Po~~ **St Chads Market**
Following several busy years of delivering our weekly pop-up food shop, we were ready to take the next step. Guided by extensive consultation with our community, we set out to develop an improved food offer that promotes choice, dignity, and long-term sustainability. With a robust business plan in place, and after several years of planning and design, the project progressed to the building works stage.
We secured capital funding from Feeding Britain, The National Lottery Community Fund, and Gateshead Council to redesign the building and create an onsite social market for food provision, with an anticipated opening in September 2025. Throughout this process, we have benefited from exceptional pro bono support from Faulkner Brown Architects, Arup and Gleeds Cost Management Ltd whose guidance has been invaluable.
## **Thri** ft **Shop**
Our Community Thri ft Shop on the premises at Coatsworth Road is open ve days a week from 9:30 to 3:30pm. It con ti nues to o ffer a range of low-cost adult and children’s clothes, school uniforms, accessories, jewellery, toys, bric-a-brac, towels, curtains, unwanted gi ft s. This year the shop generated £26,355 in sales and £671.87 in fundraising.
## **Community Services Pillar**
## **Adult Social Groups group**
Our adult social groups continue to provide vital support in reducing isolation and building confidence within the community.
5
**(A company limited by guarantee)**
## **For the year ended 31 March 2025**
33 women, aged 18 to 75, benefitted from attending our weekly _Women Together_ group. The group offers a supportive space where participants can use their resilience to overcome daily challenges, build friendships, and increase their sense of hope, enjoyment, and confidence. We are grateful to the Barbour Foundation for a £3,000 grant, which has supported the establishment of a regular programme over 12 months.
15 men, aged 21 to 75, attended our weekly _Assemblage_ men’s group. The group welcoming environment that helps reduce loneliness and isolation while supporting participants to develop life skills, strengthen friendships, and build confidence.
## **Locali** ti **es Working in Gateshead Project (LWiG)**
We completed our three-year project working in partnership with Gateshead Council and 4 other organisations as a community anchor organisation, developing our locality working approaches and providing shared learning opportunities.
## **Gateshead Partnership Development Project**
We are three months into a one-year partnership development project, funded by The National Lottery Community Fund, building upon the learning from our (LWiG Project) working collaboratively with three other voluntary organisations. This initiative enables organisations with very small core staffing and management resources to maximise their capacity and impact by sharing key personnel.
As part of the project, two dedicated staff, the Partnership Manager and Development Worker, support all partner organisations, helping to coordinate activities, share learning, and provide capacity where it is most needed.
Through this collaboration, we have been able to:
Share learning and best practice across organisations
- Access joint training and professional development opportunities for staff Utilise a benchmarking tool to monitor performance and identify areas for improvement Receive governance support to strengthen organisational structures and decision-making
By pooling resources and expertise, this partnership increases efficiency, enhances organisational resilience, and allows each organisation to better meet the needs of the communities they serve.
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**(A company limited by guarantee)**
**For the year ended 31 March 2025**
## ~~mo~~ **Food Projects**
contributed to core costs, including staffing for a cook, a portion of running costs, and food supplies for one year. This support enabled us to sustain three key food projects:
Weekly Pop-Up Food Shop
- Weekly Coffee & Cake Drop-in Advice Sessions
Across the year, these projects supported 335 individual families, providing access to affordable food, warm meals, and informal opportunities to seek advice and connect with others.
## **English Language Classes (ESOL)**
As part of our National Lottery Community Fund programme, ‘Recovering and Reviving Bensham’ , we continued to deliver English
participants. This initiative offers far more than language classes; it provides opportunities for social connection, confidence-building, practical support with forms and letters, guidance on navigating the local area, and signposting to other services.
Improving speaking and language skills has helped reduce isolation, build friendships, increase employability, and support everyday life for participants. Many of our learners arrive in the UK as asylum seekers or refugees, often without family or friends. A total of 65 students have participated in English Language classes over the year both Face to Face sessions and online.
## **Core Costs and Unrestricted funding**
core operations and long-term resilience. Grants were awarded by:
stability of our organisation. These grants supported essential core costs, including management, governance, administration, and operational capacity. They also enabled our CEO to dedicate time to strategic planning, partnership development, fundraising, and building organisational strength.
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**ST CHAD�S COMMUNITY PROJECT (A company limited by guarantee)**
**Trustees� Report For the year ended 31 March 2025**
Activities that are crucial for ensuring the charity�s long-term sustainability and ability to respond effectively to community needs.
This flexible funding allowed us to:
- Maintain strong governance and financial management Invest staff time in strategy, planning, and innovation
- Strengthen organisational systems and compliance Provide stability across projects during periods of change Remain responsive to emerging needs in the community
## **Earned Income**
In addition to grant income, the charity generated £45,067 through office rentals to tenants, an increase of 2.38 **%** from the previous year. This earned income continues to provide a reliable and sustainable contribution to our core running costs, helping to reduce dependency on external grants and supporting the charity�s financial resilience.
## **Volunteering Support**
During the year, the charity was supported by 23 volunteers who generously contributed their me, skills, and experience across a range of ac vi es. Volunteers played an important role in suppor ng service delivery across the three pillars of the organisa on, assis ng with day-to-day opera ons, and engaging with beneciaries and the wider community. Their commitment signicantly enhanced the charity�s capacity to achieve its objec ves. The Trustees would like to record their sincere thanks to all volunteers for their dedica on and support throughout the year.
## **Other Key Highlights**
This year has seen several exciting developments that strengthen our services and engagement with the community:
- Website Launch � We launched a refreshed and user-friendly website in April 2025, improving accessibility to information about our projects, services, and opportunities for involvement. Promotional Videos � We produced a series of promotional videos to showcase our core projects, including:
- _Women Together_ � celebrating the impact on women�s confidence and social connection
- _St Chad�s Childcare_ � highlighting the nurturing environment and early years provision
- _Assemblage Men�s Group_ � demonstrating the positive impact on men�s wellbeing and skills development
- _2 Soups Café_ � illustrating our community food support and social engagement
- Project Achievements � Across our programmes, we continued to deliver vital support to families, children, and adults, from early years education and holiday provision to food projects and adult social groups.
- Strategic Development � Unrestricted funding allowed leadership to focus on strategy, partnership building, and organisational development, ensuring long-term sustainability and responsiveness to local needs.
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**ST CHAD�S COMMUNITY PROJECT (A company limited by guarantee) Trustees� Report For the year ended 31 March 2025**
- Update to the Articles of Association � We are currently consul ng with our solicitor, Muckle LLP, regarding proposed updates to the Ar cles of Associa on, with a view to implemen ng these changes during 2025. This work follows ini al pro bono support provided by the solicitor in the early stages of the process.
These highlights reflect the charity�s commitment to innovation, engagement, and delivering positive outcomes for our community.
## **Plans for the Future**
- Finalise update to Articles of Association.
- Strengthen governance, including recruitment of new trustees.
- Enhance financial sustainability and secure significant grant funding.
- Launch three-year strategy in January 2026.
- Continue to deliver high-quality Children & Family, Community and Commercial & Retail Services.
- Recruit a Community Retail Manager and Open St Chad�s Market.
- Recruit additional Volunteers to support with expanding services.
- Continue our pledge to be an accredited Real Living Wage employer with a revised pay structure (April 2026).
- Align staffing structure with the new strategy.
- Implement a new data management system using Airtable.
## **Financial Review**
## **Prepara on of the accounts on a going concern basis**
The nancial statements have been prepared on a going concern basis. The Trustees have reviewed and considered relevant informa on, including the annual budget and future cash ows in making their assessment. Based on these assessments, given the measures that could be undertaken to mi gate the current adverse condi ons, and the current resources available, the Trustees have concluded that they can con nue to adopt the going concern basis in preparing the annual report and accounts.
Income has increased by £213k to £766k (2024: £553k) the project con nues to be apprecia ve to all funders for their generous support and for those that assist with dona ons, full details of which are given on page 14. At each Board mee ng Trustees receive a full nancial and funding report and regularly review cash ow and the grant income stream.
It is the inten on of the project to con nue to adapt its services within the resources available. However, the Trustees are aware of the need to further cut costs to bring them in line with income currently secured. The total funds balance carried forward at 31 March 2025 amounted to £974k (2024: £792k).
## **Reserves policy**
The board of directors adopted a reserves policy, which aims to have a minimum four months of opera onal costs in free reserves. (Unrestricted reserves not invested in tangible xed assets). As at
9
**ST CHAD�S COMMUNITY PROJECT (A company limited by guarantee)**
**Trustees� Report For the year ended 31 March 2025**
31 March 2025 the reserves were £75k (2024: £21k) The Trustees are aware of the situa on and will con nue to work towards restoring this policy with a planned opera onal surplus.
## **Reference and Administrative Information**
## **Company number**
04136595
## **Charity number**
1085793
## **Trustees**
Ian Stevenson John Adams Helen Jones Judith Wood Archer Stuart Angus Reverend Hannah Marie Richardson Appointed 28 August 2025
## **Chief Executive**
Ms L Coxon
**Registered o ce** 21 Liddell Terrace Bensham Gateshead Tyne & Wear NE8 1YN
## **Independent examiner**
Jim Dodds 33 The Glebe Morpeth NE61 6HW
## **Bankers**
Lloyds 15 West Street Gateshead Tyne and Wear NE8 1DP
## **Solicitors**
Muckle LLP Time Central 32 Gallowgate Newcastle upon Tyne NE1 4BF
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**ST CHAD�S COMMUNITY PROJECT (A company limited by guarantee)**
**Trustees� Report For the year ended 31 March 2025**
## **Structure, Governance and Management**
## **Organisa onal Structure**
The charity is registered as a charitable company limited by guarantee, incorporated on 5 January 2001, and registered as a charity on 26 March 2001 and is governed under its Ar cles of Associa on.
## **Trustees**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Ar cles of Associa on. Trustees are elected at the AGM and the board includes the Vicar of Bensham and the Teams, a local councillor from the Bensham or Saltwell wards of Gateshead MBC, three representa ves of the PCC of Bensham and other individuals chosen and approved by the members having exper se in rela on to the a airs of the charity, being experts of legal, nancial, charitable or community service ma ers. One third will stand down in rota on each AGM and may be re-elected if the members so wish. Induc on is provided to new Trustees if required. Day to day opera ons are delegated to the sta team, led by the Chief O cer.
## **Risk management**
The Trustees have assessed the major risks to which the charity is exposed, in par cular those related to opera ons and nances of the charity and are sa sed that systems and procedures are in place to mi gate the exposure to the major risks.
## **Trustees Responsibilities in Relation to The Financial Statement**
The charity Trustees are responsible for preparing a Trustees� Annual Report and nancial statements in accordance with applicable law and United Kingdom Accoun ng Standards (United Kingdom Generally Accepted Accoun ng Prac ce).
Company law requires the charity Trustees to prepare nancial statements for each year which give a true and fair view of the state of a airs of the charitable company and the group and of the incoming resources and applica on of resources, including the income and expenditure, of the charitable group for that period. In preparing the nancial statements, the Trustees are required to:
- select suitable accoun ng policies and then apply them consistently;
- observe the methods and principles in the Chari es SORP;
- make judgements and es mates that are reasonable and prudent;
- state whether applicable UK accoun ng standards have been followed, subject to any material departures disclosed and explained in the nancial statements;
- Prepare the nancial statements on the going concern basis unless it is inappropriate to presume that the charity will con nue in business.
The Trustees are responsible for keeping proper accoun ng records that disclose with reasonable accuracy at any me the nancial posi on of the charity and to enable them to ensure that the nancial statements comply with the Companies Act 2006. They are also responsible for
11
**(A company limited by guarantee)**
## **For the year ended 31 March 2025**
safeguarding the assets of the charity and the group and hence taking reasonable steps for the preven ti on and detec ti on of fraud and other irregulari ti es.
The Trustees are responsible for the maintenance and integrity of the corporate and nancial informa tion included on the charitable company’s website. Legislati on in the United Kingdom
governing the prepara ti on and dissemina ti on of nancial statements may di ff er from legisla ti on in other jurisdic ti ons.
This report was approved by the Trustees on:
and signed on its behalf, by:
Judith Wood Archer
Chair
12
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 March 2025
I report on the financial statements of St Chad's Community Project for the year ended 31 March 2025, which are set out on pages 14 to 27.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the Association of Charity Independent Examiners.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Jim Dodds
33 The Glebe Morpeth Northumberland
> Date: 19 December 2025
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## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **STATEMENT OF FINANCIAL ACTIVITIES**
(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)
For the year ended 31 March 2025
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Income from:
Donations and legacies 6 2,417 - 2,417 6,921
Charitable activities
Children and Family Services 7 80,000 494,366 574,366 368,852
Other trading activities 8 186,318 - 186,318 175,751
Investments 9 2,530 - 2,530 1,056
Total income 271,265 494,366 765,631 552,580
Expenditure on:
Charitable activities
Operation of the charity 217,793 366,173 583,966 500,487
Total expenditure 217,793 366,173 583,966 500,487
Net movement of funds 53,472 128,193 181,665 52,093
Reconciliation of funds
Total funds brought forward 21,240 771,173 792,413 740,320
Total funds carried forward 74,712 899,366 974,078 792,413
Notes
**----- End of picture text -----**
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 17 to 27 form an integral part of these accounts.
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Charity Number 1085793 Company Number 04136595
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **BALANCE SHEET**
As at 31 March 2025
|(2)
(0)
ie)z|**£**|**Total**
**2025**
**£**|**£**|**Total**
**2024**
**£**|
|---|---|---|---|---|
|**Fixed assets**|||||
|Tangible assets
17||732,192||644,613|
|**_Total fixed assets_**
**Current assets**||**732,192**||**644,613**|
|Debtors
18
Cash at bank and in hand
19|27,241
228,892||22,263
160,343||
|**_Total current assets_**
**Creditors:**amounts falling due within
one year
20|**256,133**
**( 14,247 )**||**182,606**
**( 34,806 )**||
|**_Net current assets_**||**241,886**||**147,800**|
|**_Total assets less current liabilities_**||**974,078**||**792,413**|
|**_Total net assets or liabilities_**||**974,078**||**792,413**|
|**Funds of the charity**
Unrestricted income funds
Restricted income funds||74,712
899,366||21,240
771,173|
|**_Total funds_**||**974,078**||**792,413**|
The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
The notes on pages 17 to 27 form an integral part of these accounts.
These financial statements were approved by the Board on:
and are signed on its behalf by:
Judith Wood Archer Chair
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Charity Number 1085793 Company Number 04136595
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **STATEMENT OF CASH FLOWS**
For the year ended 31 March 2025
**----- Start of picture text -----**
2025 2024
£ £
Cash flows from operating activities
Net movement in funds 181,665 52,093
Depreciation 25,856 29,798
Investment income ( 2,530 ) ( 1,056 )
Increase in trade receivables ( 4,978 ) ( 9,139 )
Decrease in trade payables ( 20,559 ) ( 40,595 )
Cash generated from operations 179,454 31,101
Cash flow from investing activities
Purchase of property, plant and equipment ( 113,435 ) ( 8,737 )
Interest received 2,530 1,056
Net cash from investing activities ( 110,905 ) ( 7,681 )
Increase in cash and cash equivalents 68,549 25,980
Cash and cash equivalents at start of year 160,343 134,363
Cash and cash equivalents at end of year 228,892 160,343
Notes
**----- End of picture text -----**
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 17 to 27 form an integral part of these accounts.
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## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 1 **Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## 2 **Basis of accounting**
## 2.1 **Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) � Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
St Chad's Community Project meets the definition of a public benefit entity under FRS 102.
## 2.2 **Preparation of the accounts on a going concern basis**
The charity reported overdrawn unrestricted funds at the year end of £74,712, however they have already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.
## 3 **Income**
## 3.1 **Recognition of income**
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
## 3.2 **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
## 3.3 **Grants and donations**
Income from government and other grants, whether �capital�grants or �revenue�grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
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## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 3.4 **Volunteer help**
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
## 3.5 **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## 3.6 **Income from membership subscriptions**
Membership subscriptions received in the nature of a gift are recognised in donations and legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
## 3.7 **Investment gains and losses**
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
## 3.8 **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the
## 4 **Expenditure and liabilities**
## 4.1 **Liability recognition**
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 4.2 **Charitable activities**
Expenditure on charitable activities includes the costs of children's and family services and other activities undertaken to further the purposes of the charity and their associated support costs.
## 4.3 **Governance and support costs**
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
18
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 4.4 **Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 4.5 **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 4.6 **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed assets:
Freehold property 50 Years Leasehold property 50 Years Fixtures and fittings 4 to 7 years Equipment 3 to 4 years
19
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## **Analysis of income**
|6
7|**Donations and legacies**
**Charitable activities**
Children and Family Services
Connected Voice
Gateshead Council Capital Grant
Donations
Church Urban Fund
Shears Foundation
Garfield Weston
Sir James Knott
Community Foundation - Crèche Mobile
The National Lottery Reaching Communities
Fund
Gateshead Council - Provision of Food
Gateshead Family Hubs Start for Life
Gateshead Council - Warm Spaces
Gateshead Council - Baby Milk
The National Lottery Partnership Development
Ballinger Charitable Trust
The National Lottery and GMBC - Locality
Working in Gateshead
Gateshead Council Brighten the Day
Programme
Bernicia Foundation
Feeding Britain
The Hadrian Trust
Henry Smith
The National Lottery Awards For All
Tesco / Groundworks
The Joicy Trust
Barbour Foundation
The National Lottery Reaching Communities
Fund Capital Grant
Trusthouse Charitable Foundation|Unrestricted
Funds
£
2,417
2,417
40,000
3,000
-
-
-
-
-
25,000
-
-
-
-
-
-
-
-
10,000
-
-
1,000
1,000
-
-
-
-
-
80,000|Restricted
Funds
£
-
-
-
-
-
30,000
7,945
-
22,090
-
15,984
8,925
75,382
-
-
12,100
2,340
-
-
500
108,066
-
-
19,330
49,982
49,962
71,759
20,001
494,366|**Total**
**2025**
**£**
**2,417**
**2,417**
**40,000**
**3,000**
**-**
**30,000**
**7,945**
**-**
**22,090**
**25,000**
**15,984**
**8,925**
**75,382**
**-**
**-**
**12,100**
**2,340**
**-**
**10,000**
**500**
**108,066**
**1,000**
**1,000**
**19,330**
**49,982**
**49,962**
**71,759**
**20,001**
**574,366**|Total
2024
£
6,921
6,921
-
-
5,550
15,000
-
2,500
10,000
25,000
28,316
10,815
85,382
1,890
4,103
-
-
5,500
10,000
-
95,121
-
-
-
-
50,256
-
19,419
368,852|
|---|---|---|---|---|---|
20
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## **Analysis of income** continued
|8
**Other trading activities**
Child Services - other fees generated
Room hire income
Letting income
Fees and charges
Thrift shop and pop up shop
other income
9
**Income from investments**
Bank interest
Child Services - Out of School fees
Child Services - Nursery fees|Unrestricted
Funds
£
67,912
32,485
416
5,772
45,067
-
26,355
8,311
186,318
2,530
2,530|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2025**
**£**
**67,912**
**32,485**
**416**
**5,772**
**45,067**
**-**
**26,355**
**8,311**
**186,318**
**2,530**
**2,530**|Total
2024
£
57,255
16,519
2,842
3,258
44,018
25,027
26,832
-
175,751
1,056
1,056|
|---|---|---|---|---|
Income was £765,631 (2024: £552,580) of which £271,265 was unrestricted or designated (2024: £234,228) and £494,366 was restricted (2024: £318,352).
## **Analysis of expenditure on charitable activities**
|10 **_Analysis of expenditure by activities_**
Total 2025
Total 2024
Governance costs
Other services
Children's services
Family services|Direct
Costs
£
148,424
100,037
217,199
-
465,660
392,928|Support
Costs
£
37,342
25,168
54,646
1,150
118,306
107,559|**Total**
**2025**
**£**
**185,766**
**125,205**
**271,845**
**1,150**
**583,966**
**500,487**|Total
2024
£
111,885
140,747
246,705
1,150
500,487|
|---|---|---|---|---|
Expenditure on charitable activities was £583,966 (2024: £500,487) of which £217,793 was unrestricted or designated (2024: £226,488) and £366,173 was restricted (2024: £273,999).
11 **Fees for examination of the accounts**
|Independent examiner's fees for reporting on the accounts
There were no other fees paid to the examiner (2024: £nil)|**2025**
**£**
**1,150**
**1,150**|2024
£
1,150
1,150|
|---|---|---|
21
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 12 **Analysis of staff costs and the cost of key management personnel**
|Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)|**2025**
**£**
**370,480**
**18,643**
**5,448**
**394,571**|2024
£
326,399
15,530
3,954
345,883|
|---|---|---|
No employee received remuneration above £60,000 (2024: nil)
The key management personnel of the charity, comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £43,541 (2024:£39,778).
## 13 **Staff numbers**
The average monthly head count was 26 staff (2024: 28 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
|Project staff
Management and administration
The parts of the charity in which the employee's work|**2025**
**Number**
**3.9**
**8.8**
**12.7**|2024
Number
3.9
10.1
14.0|
|---|---|---|
## 14 **Transactions with trustees**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
## **Trustees' expenses**
No trustee expenses have been incurred in the year.
## **Transaction(s) with related parties**
The following detail the related party transactions in the reporting period.
During the year the daughter of Trustee Judith Wood Archer used the childcare services at St Chads Community Project. The standard rate was paid, the total charge for the year was £2,335 and there was an amount outstanding at the year end of £110.
Trustee Stuart Angus is also a director of Side by Side Arts CIC. During the year Side by Side Arts CIC rented office space from St Chads Community Project. The standard rental charge was paid, the total charge for the year was £26,875 (2024: £25,000 ) there was £nil outstanding at the year end (2024: £nil)
## 15 **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The employer's pension costs represent contributions payable by the charity to the fund and amount to £5,448 (2024: £3,954). There was £2,588 outstanding as at 31 March 2025 (2024: £307).
22
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 16 **Corporation Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
|17 **Tangible fixed assets**
**Cost**
Balance brought forward
Additions
Disposals
**Balance carried forward**
**Depreciation**
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
**Balance carried forward**
**Net book value**
**Brought forward**
**Carried forward**|**Freehold**
**land and**
**building**
**£**
758,045
-
-
758,045
RB
2%
332,088
4,090
-
336,178
425,957
421,867|**Long-term**
**leasehold**
**property**
**£**
426,409
-
-
426,409
SL
2%
221,892
15,226
-
237,118
204,517
189,291|**Assets**
**under**
**construction**
**£**
-
104,317
-
104,317
SL
0%
-
-
-
-
-
104,317|**Fixtures**
**fittings and**
**equipment**
**£**
90,523
9,118
-
99,641
SL
25%
76,384
6,540
-
82,924
14,139
16,717|**Total**
**£**
**1,274,977**
**113,435**
**-**
**1,388,412**
**630,364**
**25,856**
**-**
**656,220**
**644,613**
**732,192**|
|---|---|---|---|---|---|
## 18 **Debtors and prepayments (receivable within 1 year)**
|Prepayments and accrued income
Other debtors
Trade debtors|**2025**
**£**
**11,663**
**9,200**
**6,378**
**27,241**|2024
£
12,263
10,000
-
22,263|
|---|---|---|
## 19 **Cash at bank and in hand**
|Cash at bank and in hand|**2025**
**£**
**228,892**
**228,892**|2024
£
160,343
160,343|
|---|---|---|
23
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 20 **Creditors and accruals (payable within 1 year)**
|Other accruals
Taxation and social security
Independent examination of accounts
Accruals
Pension
Trade creditors
Other creditors|**2025**
**£**
**1,639**
**4,251**
**3,926**
**2,588**
**1,150**
**693**
**14,247**|2024
£
45
3,937
29,367
307
1,150
-
34,806|
|---|---|---|
## 21 **Events after the end of the reporting period**
No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.
## 22 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds**
|**Unrestricted funds**
General unrestricted fund
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
21,240
21,240|**Incoming**
**resources**
£
271,265
271,265|**Resources**
**expended**
£
( 217,793 )
( 217,793 )|**Transfers**
£
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**74,712**
**74,712**|
|---|---|---|---|---|---|
## **Purpose of unrestricted funds**
General unrestricted fund
The 'free reserves' of the charity.
24
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 22 **Analysis of charitable funds** continued
## **Analysis of movement in restricted funds**
|**Restricted funds**
Capital asset restricted fund
Community Foundation - Crèche
Mobile
Feeding Britain
Gateshead Council brighten the
day
Gateshead Council - provision of
food
Gateshead Family Hubs Start for
Life
Gateshead Council - Capital
Grant
Henry Smith
Lankelly Chase
Tesco / Groundworks
The National Lottery Awards For
All
The National Lottery Partnership
Development
The National Lottery Reaching
Communities Fund
Trusthouse Charitable
Foundation
**_Totals_**
The National Lottery Reaching
Communities Capital Grant
Feeding Britain - Sainsburys
Connected Voice
The National Lottery and GMBC -
Locality Working in Gateshead|**Fund**
**balances**
**brought**
**forward**
£
636,265
2,925
-
-
10,000
5,080
-
72,749
-
-
-
-
-
-
25,256
11,878
-
7,020
771,173|**Incoming**
**resources**
£
-
30,000
7,945
22,090
-
15,984
8,925
75,382
12,100
2,340
-
500
19,330
49,982
108,066
49,962
71,759
20,001
494,366|**Resources**
**expended**
£
( 22,334 )
( 19,037 )
( 3,433 )
( 2,250 )
( 800 )
( 16,102 )
( 8,925 )
( 74,066 )
-
( 2,340 )
( 500 )
( 11,991 )
( 5,491 )
( 122,842 )
( 55,742 )
-
( 20,320 )
( 366,173 )|**Transfers**
£
100,208
-
-
( 12,809 )
-
-
-
-
( 12,100 )
-
-
-
( 3,540 )
-
-
-
( 71,759 )
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**714,139**
**13,888**
**4,512**
**7,031**
**9,200**
**4,962**
**-**
**74,065**
**-**
**-**
**-**
**-**
**3,799**
**44,491**
**10,480**
**6,098**
**-**
**6,701**
**899,366**|
|---|---|---|---|---|---|
25
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
## 22 **Analysis of charitable funds** continued
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
Capital restricted fund The capital restricted relates to fixed assets held. These restricted funds are reduced each year based upon the depreciation charge for the year. Revenue restricted funds relate to project specific grants that have been spent on project delivery in the period. Community Foundation - Crèche Funding to provide a community crèche to remove barriers to education Mobile working in partnership with Young Women's Outreach Project. Connected Voice Small grants for youthwork - "Big Kids Only Club" for children who reside in and around Bensham. Feeding Britain Holiday activities and food and contribution to community shop building work. Gateshead Council brighten the Funding to provide holiday activities and food. day Gateshead Council - provision of Funding for resources for food projects: 2 Soups, Coffee & Cake, Popup food Food Shop. Gateshead Family Hubs Start for Funding to allow the community to receive aspects of the wider Family Life Hub offer and to better connect families using voluntary settings within the Bensham and Dunston & Teams localities. Gateshead Council - Capital Contribution to community shop building work. Grant Henry Smith Grant towards cost of day trip for children from disadvantaged communities Lankelly Chase Funding for Research Inquiry. Tesco / Groundworks To provide a hot healthy breakfast for children, parents & carers using weekly parent and toddler group. The National Lottery Awards For Delivery of vital food initiatives comprising pay what you can "Two All Soups", weekly Warm Space at St Chads and pop up pay what you can food shop. The National Lottery Community Gateshead Partnership Development Project. Fund The National Lottery and GMBC - We are the lead partner of Gateshead Development Partnership, where Locality Working in Gateshead four community organisations from across Gateshead come together to share peer-to-peer learning, external support and a share staffing resource. The National Lottery Reaching Funding for our 'Recovering & Reviving Bensham' project. Communities Fund Trusthouse Charitable Match funding for TNL funding Recovering & Reviving Bensham project. Foundation Feeding Britain - Sainsburys Vouchers to support with food provision for families in crisis.
26
## **ST CHAD'S COMMUNITY PROJECT**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2025
|**Transfers between funds**
Between restricted funds and
restricted assets
Transfer of tangible fixed asset purchased by restricted
funds to the restricted asset fund.
**Reason for transfer**|**Amount**
**£**
**100,208**|
|---|---|
## 23 **Capital commitments**
As at 31 March 2025, the charity had no capital commitments (2024 -£nil).
## 24 **Analysis of net assets between funds**
|Tangible fixed assets
Other net current assets/(liabilities)
Cash at bank and in hand|Unrestricted
Funds
£
18,053
43,665
12,994
74,712|Restricted
Funds
£
714,139
185,227
-
899,366|**Total**
**2025**
**£**
**732,192**
**228,892**
**12,994**
**974,078**|Total
2024
£
644,613
160,343
( 12,543 )
792,413|
|---|---|---|---|---|
27