2022-03-31-accounts - Northern Roots

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Registered number 03539586

Charity Registration number 1088823

Northern Roots

Report and Accounts

31 March 2022

Northern Roots Report and accounts Contents

	Page
Company information	1
Directors' report	2 - 4
Independent examiner's report on the accounts	5
Profit and loss account	6
Balance sheet	7
Notes to the accounts	8

Northern Roots Company Information

Directors

K Dougherty D Holmes B Mather Y Ngoo R Perdik T Ali K Dubois N Johnson B Mamuini L Naruse R Reza

Secretary

K Dougherty

Accountants

Bell Anderson Limited Lindum 264-266 Durham Road Gateshead Tyne and Wear NE8 4JR

Registered office

Office 44 63 High Bridge Newcastle upon Tyne Tyne and Wear NE1 6BX

Registered number 03539586

Charity registration number 1088823

Northern Roots Registered number: 03539586 Trustees' Report

The Trustees present their report and accounts for the year ended 31 March 2022.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the governing document, the Companies Act 2006 and follow the Charities SORP (FRS 102) . Structure, governance and management The Charity is a company limited by guarantee. The company was established under the Memorandum of Association which established the objects and power of the charitable company and is governed under the Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Objectives and activities

The objects of the Charity is to foster and promote the arts in society for the benefit of the general public in the United Kingdom but in particular the North-East of England by developing public appreciation of the arts and by improving public access to the arts and the quality of the arts. The Trustees have paid due regard to guidance issued by the Charity Commission including that regarding public benefit in deciding what activities the Charity should undertake.

Trustees

The following persons served as Trustees during the year:

K Dougherty D Holmes B Mather Y Ngoo R Perdik T Ali K Dubois N Johnson B Mamuini L Naruse R Reza

Northern Roots Registered number: 03539586 Trustees' Report

Achievements and performance

The Covid 19 Pandemic has continued to cause issues with in person concerts, audience numbers and the ability to promote artists from outside of the UK, especially those travelling from the USA. Northern Roots has continued to lead a focused fundraising campaign to support our outreach and development work with Artists from the Global Majority in the North East. We have maintained a consistent Jumpin’ Hot Club (JHC) programme with a minimised risk through stripped back programming, working closely with venues and artists, and a focused marketing campaign.

Over the past year we have continued to support Kema Kay and Kay Greyson to work extensively with young people from the west end of Newcastle. Over the past year Northern Roots has continued to focus our work - maximising on the impact of our outreach work, and maintaining a high quality JHC programme.

Youth Music continued to support work with Kema Kay and Kay Greyson, working with communities of young people from the Global Majority based in the West End of Newcastle - which has meant the organisation has been able to support 30 young people. The feedback from participants has been very positive, and the impact of the work has been shown in showcase concerts which continue to grow in popularity.

We have continued to provide mentoring to artists throughout this time - supporting members of Voices of Virtue, Radikal Queen, Vitamin Noir, Kema Kay and Kay Greyson - supporting with fundraising, mentoring, platforming and business development. This year has been made more complex with the need to continuously flex to the changing regulations surrounding covid - whilst not losing the trust of our audiences or the artists and venues we work with. We have had to bring in new programming whilst also re-programming acts from 2020 and early 2021.

We managed to deliver a small scale Country Cantina event in Easington during the summer of 2021. This was a success and ensured we maintained a strong connection with our loyal audiences, we were able to give work to UK based acts and technicians, and ensure we had a presence in local media etc. As well as continue the long running partnership with the owners of The Barn at Easington.

Partnerships

As part of our focus we have developed and nurtured partnerships to strengthen our outreach and programming – this includes Youth Music, music development agency Generator, and venues such as Gosforth Civic Theatre, The Globe Newcastle and Hoochie Coochie.

Funding

We have responded well to a very challenging funding environment. We have continued to strengthen the relationship with Tyne and Wear Community Foundation which has ensured we have been able to secure core funding for 3 years from 2022 financial year from the Newcastle Cultural Investment Fund. We have also managed to secure future core funding from Youth Music to support the development of the organisation.

We have continued to strengthened our relationship with Arts Council, re-establishing ourselves as an important part of the cultural and music scene in the North East of England, drawing down funds to support with the continued employment of core staff and artists throughout the pandemic. This enabled us to also work with an established fundraiser through the Culture Recovery Investment Continuity Fund.

Northern Roots Registered number: 03539586 Trustees' Report

Financial review

It is the charities policy that unrestricted funds which have not been designated for a specific use should be maintained at the level equivalent to between three and six months expenditure. Due to the changes in funding sources and the timing of receipts it has not always been possible to adhere to this policy whilst pursuing the charities aims and objectives. Part of the focus of the last years fundraising and financial planning has been to secure funds to run longer and more sustained programmes - which includes funding to build up a reserves amount amounting to 3 months of core expenditure. We have also scaled back core costs by giving notice on paid office space - relying more on staff working from home and some of the creative hubs, which are developing across the city.

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 17 November 2022 and signed by its order.

R Perdik Chairman

K Dougherty Secretary

Northern Roots Independent examiner's report on the accounts

Report to the trustees, directors & members of Northern Roots on accounts for the year ended 31 March 2020 Set out on pages 1 to 9 of the financial statements.

Charity no.: 1088823 Company no.: 03539586

Responsibilities and basis of report

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31/03/2022. As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

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 no concerns and 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.

Bell Anderson Limited Chartered Accountants

Lindum 264-266 Durham Road Gateshead Tyne and Wear NE8 4JR

17 November 2022

Northern Roots

Statement of Financial Activities for the year ended 31 March 2022

Notes Income from Donations and legacies 3 Charitable activities 4 Other trading activities 5 Other operating income Expenditure on Raising funds 6 Charitable activities 7 Total Expenditure Fund balances at 31 March 2021 Fund balances at 31 March 2022 Net Income for the year/Net movement in funds Net income before transfers	Unrestricted funds £ - 43,087 13,875 6,464 63,426 53,324 7,466 60,790 2,636 2,636 5,759 8,395	Restricted funds £ 164,336 164,336 100,020 100,020 64,316 64,316 41,290 105,606	2022 £ - 207,423 13,875 6,464 227,762 53,324 107,486 160,810 66,952 66,952 47,049 114,001	2021 £ 2,719 91,460 1,083 22,303
				117,565
				38,898
				39,080
				77,978

				39,587
				39,587 7,462
				47,049

Northern Roots Registered number: 03539586 Balance Sheet as at 31 March 2022

Notes Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Net assets Funds Restricted funds Unrestricted funds Total funds	2022 £ 1,503 9,606 118,949 128,555 (16,057) 112,498 114,001 105,606 8,395 114,001	2021 £ 1,311 - 56,442 56,442 (10,704) 45,738 47,049 41,290 5,759 47,049	2021 £ 1,311 - 56,442 56,442 (10,704) 45,738 47,049 41,290 5,759 47,049

			47,049
			41,290 5,759
			47,049

The Trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

R Perdik Chair

Approved by the board on 17 November 2022

Northern Roots Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery 20% reducing balance Fixtures, fittings, tools and equipment 20% reducing balance

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

Northern Roots

Notes to the Accounts

for the year ended 31 March 2022

2 Employees Average number of persons employed by the company Employment Costs Wages and salaries 3 Donations and legacies Donations & gifts All donations for 2021 are unrestricted 4 Charitable activites Restricted Funds Arts Council - Catalyst Project Community Foundation Durham Joicey Trust Barbour Foundation Gateshead project US Embassy HMPPS National Foundation Youth Music Arts Council Virgin VoV Schools Project Sadler Wells Allen Lane Mentoring Catherine Cookson The Shears Foundation Unrestricted Funds Unrestricted income - Merchandising etc Unrestricted Arts Council Grant Unrestricted Freemasons Unrestricted GMBC Covid Unrestricted Shear Foundation 5 Other trading activities Ticket sales	2022 Number 3 2022 £ 48,255 2022 £ - - 2022 £ - 14,200 - - - 10,959 2,274 - 50,600 26,315 24,300 15,000 8,188 7,500 5,000 - - 164,336 2022 £ 399 42,688 - - - 43,087 2022 £ 13,875 13,875	2021 Number 3
		2021 £ 47,765 2021 £ 2,719
		2,719
		2021 £ - 13,750 - 8,000 2,000 2,502 8,748 5,000 15,000 4,193 - - - - - 1,000 4,000
		64,193
		2021 £ 299 19,468 1,000 5,000 1,500
		27,267
		2021 £ 1,083
		1,083

Northern Roots

Notes to the Accounts for the year ended 31 March 2022

6 Raising funds Bank charges Accountancy fees Adverts Artists Computer costs Consultancy - Fundraising Core Costs reallocation Depreciation Entertaining Equipment hire Finance costs Insurance Other direct costs Other legal and professional Pension Printing, postage and stationery Rent repairs Sound engineering Subcontractor costs Subscriptions Sundries - Fundraising Sundries Software and IT Telephone Travel and accommodation Venue hire Wages	2022 £ 81 3,716 3,613 12,463 - 1,814 (24,139) 166 372 - 131 - 13 - 78 2,194 250 3,685 - 438 431 91 547 - 1,328 1,191 44,861 53,324	2021 £ 84 347 (300) - - - - - - 400 164 - 763 - 73 3,000 - 580 - 144 825 - 315 - (68) 83 32,488
		38,898

Northern Roots Notes to the Accounts for the year ended 31 March 2022

7 Charitable activities Charitable activities Mentoring costs Charitable activities Artists Mentoring Costs Travel and accommodation Equipment hire Consultancy Venue hire Support costs Bank charges Insurance Printing, postage and stationery Advertising Accountancy fees Core costs Rent Sundries Wages and salaries Charitable activities Artists Mentoring Costs Travel and accommodation Equipment hire Consultancy Sound Engineer Venue hire Support costs Bank charges Insurance Printing, postage and stationery Advertising Accountancy fees Core costs Rent Sundries Wages and salaries	Unrestricted Mentoring £ 7,466 7,466 7,466 Restricted Community Foundation Gateshead Project - - - 8,640 - - - - - - - - - 8,640 - - - - - - - - - - 6,200 2,319 - - - - - - 6,200 2,319 6,200 10,959 Restricted Arts Council Sadlers Wells 7,138 3,230 6,555 3,470 - 480 - 1,596 2,492 107 400 17,888 7,580 3 - 90 - - - 2,865 - 1,084 - - 806 - 185 - 3,394 - 8,427 - 26,315 7,580	2022 £ 7,466 7,466 7,466 National Foundation Youth Music 6,115 20,195 304 - - 607 29,405 - - 16 1,050 - 10,120 - 200 - 11,386 40,791 Vov Schools Project - - - - - - - - - - - - - 3,000 - - - 3,000 3,000	2021 £ 9,385	2022 2021 6,115 1,500 28,835 8,000 304 - - 618 - 1,000 607 - -
			9,385
			9,385
			Other 1,800 - - - - 200
				38,045 12,858 - - - - 16 - 1,050 - - - 18,639 - - 200 1,560 - 15,277 19,905 16,837
				57,950 29,695
				2022 12,168 10,025 480 - 1,596 2,492 707 - 27,468 3 90 - 3,540 1,084 5,500 806 185 3,394 - 14,602 42,070
			2,000 675 2,500 - - 3,175
			5,175

Northern Roots Notes to the Accounts for the year ended 31 March 2022

8 Tangible fixed assets

Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 9 Debtors Trade debtors 10 Creditors: amounts falling due within one year Trade creditors Taxation and social security costs Other creditors	2022 £ 9,606 2022 £ 819 1,331 13,907 16,057	Fixtures and fittings £ 10,600 358
		10,958
		9,289 166
		9,455
		1,503
		1,311
		2021 £ -
		2021 £ 785 168 9,751
		10,704

11 Restricted funds Arts Council Community Foundation Gateshead Project Other Sadlers Wells VoV Schools Project National Foundation Youth Music	Balance at 1 April 2021 £ 10,336 22,208 - 8,746 41,290	Incoming Resources 26,315 14,200 10,959 39,074 8,188 15,000 50,600 164,336	Resources Expended 26,315 6,200 10,959 5,175 7,580 3,000 40,791 100,020	Transfers Balance at 31 March 2022 £ - 18,336 - 56,107 608 12,000 18,555
				- 105,606

12 Other information

Northern Roots is a private company limited by guarantee without share capital and incorporated in England. Its registered office is: Office 44

63 High Bridge Newcastle upon Tyne Tyne and Wear NE1 6BX