St Luke's Neighbourhood Trust Registered Charity No. 1088726
Trustees' Report and Financial Statement for the year ended 31 March 2025
St Luke's Neighbourhood Trust
St Luke's Neighbourhood Trust
Name: St Luke's Neighbourhood Trust Charity no: 1088726 Structure: Unincorporated association governed by a constitution. Trustees: Kimberley Storey Chair Heather Wallace Secretary Kris Maltas Treasurer Steven Whatt Trustee Joan Wallace Trustee
Trustees are elected by the membership at each Annual General Meeting. Address: St Lukes Neighbourhood Centre Merle Terrace Sunderland SR4 6SF Bankers: Barclays Independent Mark Thompson MAAT Examiner: VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Community Hub & Library 16 The Forum Wallsend NE28 8JR
St Luke's Neighbourhood Trust
Chairpersons remarks 2024-2025
A big thank you to all who have helped through the year and have continued to serve on the management committee.
I would like to offer my thanks to all those who serve as officers of the trust.
Lian has continued as our center manager and is continually coming up with new initiatives along with forging strong partnerships with local groups including the Secret Garden. Thanks to our secretary Heather who is managing very well.
Kris is still working hard as our treasurer and keep us up to date with spending as well as working closely with Lian to monitor our finances and keep us in line. Together they are working hard to secure future funding that will allow us to help more people in the community we serve.
Our current classes are moving from strength to strength.
We still have Stephen from the scouts on the committee and are glad for his continued involvement even though the scouts have had to move. We will need to make a concerted effort to gain 2 or 3 additional members maybe from the other groups that use the center.
These groups are our regular attendees and the photography exhibition we had recently shows many actually use the center and benefit from its continuation.
I love the alternative healing groups that have been introduced and the fact that they are still going strong. In some cases, we have been oversubscribed which is excellent. The introduction of an online / Facebook booking system has streamlined the method although we do get some no shows.
Here at St Luke’s health and wellbeing is our primary goal so not only are we now concentrating on physical health but have now been introducing mental health. We will start to look at areas that are lacking within the community whilst keeping foremost in our mind our main aim of health and wellbeing.
The men’s group is still running and providing welcome support for any men in the area that feel lonely.
We continue to develop our multicultural links with the church groups that use the hall and the African drumming that is going from strength to strength.
We made a request for funds to continue this which failed last year but hopefully we can succeed this year.
In our monthly meetings we review progress and plans that are in place – maybe we will use one of these meetings to explore the community around us and identify shortfalls that we can try to address.
As the world continues to evolve, we will renew our efforts to support the community and try to introduce initiatives and groups that will further develop the surrounding area.
I will make sure that next year we will have a better AGM where more people will come and maybe join us. Show them we are here for the community and if they have any suggestions for groups to let us know.
We are a small group but we work hard to support everyone who comes to us no matter what the ethnicity, religion or circumstance. We have inclusion policies that we will work hard to maintain to make us a center that anyone feels able to come to knowing they will be made welcome.
Risks, reserves and investments
The Trustees aim to maintain free reserves in unrestricted funds at a level equivalent to six months expenditure. This level would allow the charity to continue its activities for a reasonable period in the event of a sudden curtailment of funding. This would allow enough time for the charity to either obtain new funding sources or restructure its activities
Trustees' responsibilities in relation to the financial statements
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 1993. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities.
Signed: ………………………..Chair, on behalf of the Trustees, date: ……………..
Independent Examiners Report
Report to the trustees of St Luke's Neighbourhood Trust
On accounts for the year ended
31 March 2025 Charity no 1088726
Respective The trustees of the organisation are responsible for the preparation of responsibilities of accounts; they consider that an audit is not required for this year under trustees and section 144(2) of the Charities Act 2011 and that an Independent examiner Examination is needed. It is my responsibility to
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examine the accounts (under section 145 of the 2011 Act),
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• follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and
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state whether particular matters have come to my attention.
Basis of My examination was carried out in accordance with General Directions independent given by the Charity Commissioners. An examination includes a review examiner’s of the accounting records kept by the charity and a comparison of the statement 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 I do not express an audit opinion on the accounts.
Independent In the course of my examination, no matter has come to my attention: examiner's 1. which gives me reasonable cause to believe that in, any material statement respect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept (in accordance with section 130 of
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the Act); and • accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: ipoWM, Monday, December 15, 2025 Name: Mark Thompson MAAT Address: VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Community Hub & Library 16 The Forum Wallsend NE28 8JR
Statement of Financial Activities
for the year ended 31 March 2025
| Receipts Grants 2 Donations Room Hire Others Bank interest Total Receipts Payments Utilities Salaries Office Supplies Insurance Rent Session Workers Governance Repairs & Services Subscription Other Charitable Activities Total Payments Surplus / deficit for the year Transfer between Funds Funds at 1 April 2024 Funds at 31 March 2025 |
Unrestricted Restricted Total Total Funds Funds Funds Funds 2025 2025 2025 2024 50600 50600 4800 953 953 544 25913 25913 23750 0 510 44 44 65 |
|---|---|
| 26910 50600 77510 29669 |
|
| 7935 2500 10435 9947 17679 1650 19329 15222 317 246 563 1313 2625 2625 2543 20 1000 1020 840 7359 7359 7206 549 549 462 3480 25205 28685 2177 180 180 180 472 1000 1472 1419 |
|
| 33257 38960 72217 41309 |
|
| -6347 11640 5293 -11640 0 0 23579 4800 28379 40019 |
|
| 17232 16440 33672 28379 |
St Luke's Neighbourhood Trust Balance Sheet as at 31 March 2025
| Balance Sheet as at 31 March 2025 St Luke's Neighbourhood Trust |
|||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Current Assets | |||
| Cash at Bank | 33672 | 28379 | |
| Total Cash Balances | 33672 | 28379 | |
| Current Liabilities | 0 | 0 | |
| For The Year Ended 31 March 2025 | 33672 | 28379 | |
| Represented By: | |||
| Restricted Funds | 5 | 16440 | 4800 |
| Designated Funds | 6 | 6000 | 6000 |
| Unrestricted Funds | 11232 | 17579 | |
| 33672 | 28379 | ||
| Signed …………….……………………… | Position ………………………………….. | ||
| Signed …………….……………………… | Position ………………………………….. | ||
| Date ………………………………………. |
St Luke's Neighbourhood Trust Notes to the accounts, 2025
1. Accounting Policies
- a The financial statements 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 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006
St Luke's Neighbourhood Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
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b Grants received are accounted for on a received basis and credited to income.
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c Voluntary income is received by way of donations and gifts and is included in full in the Receipts and Payments Account when received.
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d Freehold property is stated at value, depreciation only listed when applicable. Fixtures & Fittings are depreciated at 15% reducing balance.
2. Grants receivable
Restricted Funds
| Restricted Funds | |
|---|---|
| National Lottery Community Fund - Sound Healing | 19900 |
| Sunderland City Council | 5700 |
| Asda | 25000 |
| Total | 50600 |
3. Trustees, staff and related party transactions
The organisation employed 1 member of staff during the period of the accounts. No payments were made to trustees’ towards salary costs for the year £19329
4. Costs of financial services
During the year £300 was paid for the independent examination of the 2025 accounts. No other amounts were paid for financial services.
5. Restricted Funds balance at 31 March 2025
| Community Foundation - Lunch Club National Lottery Community Fund - Sound Healing Sunderland City Council Asda Total |
1/4/2024 Income Expenditure 31/3/2025 4800 0 4800 0 0 19900 8955 10945 0 5700 5700 0 0 25000 19505 5495 |
|---|---|
| 4800 50600 38960 16440 |
6. Reserves Policy & Designated Funds
We are aware as trustees of the need to have sufficient free reserves (unrestricted funds not invested in fixed assets or otherwise designated) to enable the organisation to respond to any unexpected reductions in funding or additional unexpected expenditure. It is the intention of the Trustees to grow and maintain the charity’s reserves to the equivalent of six months’ operational expenditure. This is calculated at approximately £18,000.
Designated Fund
We have recently been faced with increasing building and maintenance costs. We are aware of some large repairs which need to be done in the coming months, and as such have thought it would be good financial practice to have a Designated 'Buildings and Maintenace Fund.' The amount set aside will be reviewed on a regular basis.
Buildings and Maintenace Fund
6000