2024-03-31-accounts - Ferryhill Lakes And District Development Education Resource Centre Limited

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REGISTERED COMPANY REGISTERED COMPANY NUMBER: NUMBER: 03953195 03953195 (England (England and and Wales) Wales) REGISTERED REGISTERED CHARITY CHARITY NUMBER: NUMBER: 1090005 1090005

Report Report of[of] the[the] Trustees Trustees and and Unaudited Unaudited Financial Financial Statements Statements for for the the Year Year Ended Ended 31[31] March March 2024 2024

for for Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited] (A (A Company Company Limited Limited by bv Guarantee) Guarantee)

Peter Peter A A Hodgson Hodgson & & Co Co Limited[Limited] Chartered Chartered Certified Certified Accountants[Accountants] Hett Hett Mill Mill Cottage Cottage Hett Hett Durham Durham DH6 Dl-i6 5LN 5LN

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource[Resource] Centre[Centre] Limited[Limited]

Contents Contents of[of the] the Financial[Financial] Statements[Statements] for for the the Year Year Ended Ended 31 31 March March 2024 2024

	Page Page	Page Page	Page Page
Report of the Trustees Report ofthe Trustees	1 1	to to	7 7
Independent Examiners Report Independent Examiner's Report		8 8
Statement of Financial Activities Statement of Financial Activities		9 9
Statement of Financial Position Statement of Financial Position	10 10	to to	11 11
Notes to the Financial Statements Notes to the Financial Statements	12 12	to to	24 24
Detailed Statement of Financial Activities DetailedStatementofFinancialActivities	25 25	to to	26 26

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Resource Education Resource Centre Centre Limited[Limited]

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Report Report of of the the Trustees Trustees
for for the the Year Year Ended Ended 31 31 March March 2024 2024
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The The[trustees] trustees who who are are also[also] directors directors of[of] the[the] charity charity for for the[the] purposes purposes of[of] the[the] Companies Companies Act Act 2006, 2006, present present their their report[report] with[with] the[the] financial financial statements statements of[of] the[the] charity charity for[for] the[the] year year ended ended 31[31] March March 2024.[2024*] The The[trustees] trustees have have adopted adopted the[the][provisions] provisions of[of] Accounting Accounting and and Reporting Reporting by by Charities: Charities: Statement Statement of[of]

Recommended Recommended Practice[Practice] applicable[applicable] to to charities charities preparing preparing their their accounts accounts in in accordance accordance with with the the

Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective[(effective] 1 1

January January[2019).] 2019). OBJECTIVES OBJECTIVES[AND] AND ACTIVITIES ACTIVITIES

Objectives Objectives and and aims aims

To To promote promote the[the] benefit[benefit of] of the[the] inhabitants inhabitants of[of the] the County County of[of] Durham, Durham, in[in] particular particular but[but] not[not] exclusively,[exclusively,]

the the inhabitants inhabitants of of Ferryhill[Ferryhill] and and neighbourhood neighbourhood thereof thereof (hereinafter (hereinafter called called the"area the"area of of benefit") benefit") without without distinction distinction of[of] sex, sex, sexual sexual orientation, orientation, race race or or of[of] political political religious religious or or other other opinions, opinions, by by associating associating together together the the said said inhabitants inhabitants and and local local authorities, authorities, voluntary voluntary and and other other organisations organisations in in

a a common common effort effort to[to] advance advance learning, learning, relieve relieve poverty poverty and and sickness sickness and[and] to[to] provide provide facilities facilities in[in] the[the] interest interest[of] of[ social] social[welfare] welfare[for] for[recreation] recreation and[and] other other leisure leisure time time activities activities with[with] this[this] object[object] of[of] improving improving condition condition of of life life for for the the said said inhabitants. inhabitants.

Significant Significant activities activities To To establish establish a a community community resource resource centre[centre] and[and] to[to] maintain maintain and[and] manage manage the[the] same, same, whether[whether] alone alone or or in[in] co-operation co-operation with[with] any any local[local] authority authority or or other other voluntary voluntary organisation organisation in[in] furtherance furtherance of[of] these these objects. objects. In In shaping shaping our our objectives objectives for for the the year year and and planning planning our our activities, activities, the the trustees trustees have have considered considered the the Charity Charity Commission’s Commission's guidance guidance on on public public benefit, benefit, including including the the guidance guidance on on public public benefit benefit and and fee fee charging. charging.

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Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Report Report of of the the Trustees Trustees for for the the Year Year Ended Ended 31 31 March March 2024 2024

ACHIEVEMENT ACHIEVEMENT AND AND PERFORMANCE PERFORMANCE Charitable Charitable activities activities

Ferryhill Ferryhill LADDER LADDER Centre Centre is is a a community community resource resource centre centre based based on on the the Lakes Lakes Estate Estate in in Ferryhill Ferryhill

Co Co Durham. Durham. We We have have been been open open to[to] the[the] public public for for 20 20 years years and and provide[provide] a a wide wide range range of[of] services[services]

aimed aimed at at reducing reducing poverty poverty and and supporting supporting families families in in a a holistic holistic and[and] welcoming welcoming environment. environment. Providing Providing[1:1] 1:1[support,] support, group group work,[work,] play[play] and[and] youth[youth] work.[work.]

Focus Focus continues continues this[this] year year on on[providing] providing help[help] and and support support to[to] tackle tackie the[the] cost[cost] of[of] living living crisis crisis that that has has significantly significantly impacted impacted our our local local communities communities and and we we have have actively actively looked looked at at projects projects that that could could

help help support support local local residents. residents. This This report report will will[look] look at[at] the[the] various[various] funders funders and and services services provided provided by by the the centre centre during[during] the[the] last last financial financial year. year. Kings Kings Coronation Coronation - Neighbourly Neighbourly

In In May May 2023 2023[to] to celebrate celebrate the the Kings Kings Coronation, Coronation, Ferryhill Ferryhill LADDER LADDER Centre[Centre] with[with] support support from[from] Neighbourly Neighbourly arranged arranged a a week week of[of] celebrations celebrations including including afternoon afternoon teas teas and[and] a a children's children's party.[party.] This[This]

was was a[a][lovely] lovely way way to[to] commemorate commemorate the[the] Coronation[Coronation] of[of] His[His] Majesty[Majesty] King[King] Charles[Charles] Iil.[Ill„]

Craft Craft and and Chat Chat Resources Resources - - Cllr Cllr Bowron Bowron Ferryhill Ferryhill Town Town Council Council Thanks Thanks to[to] support support from from Cllr Cllr Bowron Bowron LADDER LADDER have have been been able[able] to[to] purchase purchase resources resources to[to] allow allow our our craft craft and and chat chat group group to to continue continue This This runs runs every every Monday Monday morning morning providing providing a a range range of of craft craft activities activities along along with[with] a a cuppa cuppa[and] and chat.[chat.] -

Welcome Welcome Space Space - Funded Funded through through County County Durham Durham Community Community Foundation Foundation Welcome Welcome spaces spaces started[started] in[in] December December 2023 2023 and and ran ran until until the[the] end[end] of[of] March March 2024.[2024,] Providing Providing an an

open open access[access][self] self service[service] breakfast[breakfast] and[and] hot[hot] drink[drink] provision[provision] with[with] staff[staff] available[available] to[to] offer[offer] help[help] and[and] support support with[with] benefit[benefit] advice,[advice,] access access to to foodbank foodbank help help and and other other crisis crisis support. support. This This replaced replaced the the previous previous warm warm space space[and] and was was much much more more successful successful in[in] encouraging[encouraging] people[people] to[to] use use the[the] space space and[and] access access[services] services within[within] the[the] centre.[centre.] Providing[Providing] over[over] 1000[1000] hot[hot] drinks[drinks] and[and] helping[helping] 82[82] peopie.[people.]

Happy Happy Hive Hive - - Poverty Poverty Hurts Hurts & & Sainsburys Sainsburys LADDERs LADDERs Happy Happy Hive Hive goes goes from from strength strength to to strength. strength. Providing Providing a a free[free] 2[2] course course meal meal every every

Thursday Thursday[with] with activities activities this this group group attracts attracts in[in] excess excess of[of] 20 20 people people each each week week sometime sometime up up to[to] 30[30] people. people. Delivered Delivered by[by] volunteers volunteers and and supported supported with[with] food food donations donations and[and] help[help] from[from] CDCF CDCF and[and] the[the] Neighbourly Neighbourly Foundation. Foundation. .

Mayors Mayors Chosen Chosen Charity[Charity] Cllr Cllr Carole Carole Atkinson Atkinson kindly kindly chose chose Ferryhill[Ferryhill] LADDER LADDER Centre Centre as as one one of[of] her[her] nominated nominated charities charities and[and] fundraised fundraised on on our our behalf.[behalf.] Carole Carole raised raised an an amazing amazing £2678 E2678 and and this[this] funding funding has[has] been been put put towards towards

updates updates and and improvements improvements to[to] the the building. building. -

Wednesday Wednesday Men's Men's Group Group - Happiness Happiness Hubs Hubs until until 01/01/2024 01/01/2024 Our Our Wednesday Wednesday Men's Men's[Social] Social Group Group has has continued continued to[to] go go from from strength[strength] to[to] strength, strength, 48 48 men men at[at] risk risk

of of isolation isolation and and poor poor[mental] mental health health have have engaged engaged with with the the group. group. Either Either through through regular regular attendance attendance at[at] the[the] group group sessions, sessions, one one to[to] one one support support or or attending[attending] specific specific activities activities of[of] interest interest to[to]

them. them.

Our Our group group members members have have continued continued to[to] benefit[benefit from:] from: * 1 41 to to 1 1 support support to to address address welfare welfare and and financial financial disadvantage disadvantage * Several Several health-related health-related activities activities such such health health walks, walks, walking walking football, football, gym gym taster taster sessions,[sessions,] healthy healthy eating eating courses, courses, mindfulness mindfulness activities, activities, art art and and music music group group sessions, sessions, gardening gardening and and volunteering. volunteering. * Engagement Engagement with[with] Advice Advice in[in] County County Durham, Durham, Mental Mental Health Health Advocacy, Advocacy, Wellbeing Wellbeing for[for] Life[Life] and[and] Employability Employability Durham Durham to to improve improve life life skills, skills, have have a a voice voice about about what what is is happening happening in in their their

communities communities and and to[to] feel feel more more engaged engaged[with] with their[their] lives. livesu Page Page 2[2]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited] Report Report of[of] the the Trustees Trustees for for the the Year Year Ended Ended 31 31 March March 2024 2024

In In January January 2024 2024 funding funding for for activities activities ran ran out out for for our our Men's Men's Group, Group, rather rather than than lose lose the the group, group, the the

men men made[made][the] the decision[decision] to[to] self-fund[self-fund] their[their] own[own] group. group. A[A] testament[testament] |[I] feel[feel] of[of] how[how] much[much] the[the] group[group] is[is]

valued valued * * We We have have by by those those continued continued taking[taking] to to part. part. receive receive regular regular referrals referrals from from our our partners partners into into our our Men's Men's Group Group indicating indicating continued continued need. need.

Women's Women's Ways Ways to[to] Wellness Wellness Project[Project]

Our Our Women's Women's ways ways to[to] wellness wellness[project] project worked worked with[with] over over 30 30 women women this this year. year. The The group group was was developed developed to[to] support support women women with with their[their] physical physical and and mental mental health health issues issues and and to[to] encourage encourage group group

members members to[to] make make better[better] choices choices and[and] improve improve their their health[health] and[and] wellbeing.[wellbeing.]

The The group group has has covered covered a a variety variety of[of] different different topics topics relating relating to[to] daily[daily] life[life] and[and] provides provides group group also[also]

receive receive a a free[free] healthy healthy lunch lunch as as part part to[to] their their session.[session.] They They have have taken taken part part in[in] a a variety variety of[of] trips trips

from from walks walks from from Newton Newton Aycliffe Aycliffe Railway Railway station station to[to] the[the] Locomotion Locomotion Museum Museum in[in] Shildon Shildon and and back back and and walks walks and and we we have have walked walked around around Hardwick Hardwick park park and and had had a a lovely lovely picnic picnic We We also[also] spent spent a a lovely lovely day day walking walking around[around] the[the] Metro[Metro] Centre[Centre] doing[doing] some some Christmas[Christmas] Shopping Shopping in[in] December. December.

We We carried carried[out] out a a variety variety different different health[health] related[related] activities activities which which included included health health walks, walks, seated seated exercise, exercise, Ready Ready steady steady cook, cook, Christmas Christmas bakes. bakes. We We have have had[had] a a talk[talk] from[from] the[the] NE NE First First credit[credit] union union

and and members members of of the the group group have have now now opened opened savings savings accounts accounts which which will will allow allow them them to[to] save save and and plan plan their[their] financial financial situation. situation. We We have have had had trips trips to to Whitby Whitby and and a a trip trip to to Richmond Richmond last last summer summer as as

we we were were lucky[lucky] enough[enough] to[to] have[have] secured[secured] funding[funding] through[through] the[the] Happiness[Happiness] Hub[Hub] to[to] continue[continue] the[the] group[group]

this this financial financial year. year.

Big Big Lottery Lottery - - Digital Digital All All Our Our[Digital] Digital Champion Champion project project[is] is a a 3[3] year year project project that that has has worked worked with[with] local local people people to[to] support support them them access *access * Online Online IT ITbenefit benefit and and online online Calculations Calculationsservices servicesand andwhich which applications applications included: included:

* * Online OnlineOnlineOnlineSocial OnlineOnlineConnectingSocial ConnectingEmployabilityUsingPrinting EmployabilityUsingPrintingcomparison comparison Media Media shopping applicationsshopping applicationsbanking banking with with family familysites sitesfor for housing housing online online to to find find deals deals on on products products and and services. services. * * Online Online interviews/ interviews/ Work Work / / Benefit Benefit assessments assessments * * Completing Completing online online training training with with external external providers providers This This work work has has[been] been[delivered] delivered on on[both] both 1:2:1 1:2:1 and[and] group group training training sessions sessions and[and] in[in] the[the] last[last] 2[2] years years the[the] project project has has worked worked with with 903 903 people. people. 405 405[People] People reported[reported] an an increase increase in[in] their[their] confidence confidence using using IT.[IT.] 590 590 People People reported reported an an increase increase in[in] their[their] financial financial well-being. well-being. 130 130 People People reported reported an an improvement improvement in[in] their their connectivity connectivity with with friends friends and and family. family. 166 166 People People participated participated in[in] training training to[to] improve improve their[their] skills. skills. 624 624 People People reported reported an an improvement improvement in[in] their[their] skills skills and[and] ability[ability] to to job job search search independently independently and and manage manage[their] their own[own][benefit] benefit[ claim.] claim. Total Total targets targets for for the the whole whole project project are are as as follows: follows: 300 300 people people will will feel feel more more confident confident using using IT.[I] T n 150 150 people people will will report report an an improvement improvement[in] in their[their] financial financial wellbeing.[wellbeing.] 150 150 people people will will report report an an improvement improvement in[in] their[their] connectivity connectivity with[with] friends friends and and family. family. 180 180 People People participate participate in[in] training training to[to] improve improve their[their] skills. skills. 225 225 people people report report an an improvement improvement in[in] their[their] skills skills and and ability ability to[to] manage manage their[their] benefit[benefit claims,] claims.

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Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Report Report of of the the Trustees Trustees for for the the Year Year Ended Ended 31 31 March March 2024 2024

AAP AAP Supporting Supporting Futures Futures

Our Our[4] 4 Together Together Partnership[Partnership] funded funded Benefits[Benefits] Advice Advice and and Support Support Service Service - - Supporting Supporting Futures Futures has has

continued continued[to] to make make a a positive positive impact impact upon upon the[the] financial financial wellbeing wellbeing of[of] our our communities. communities. The The project[project] continues continues to[to] provide provide excellent excellent value value for[for] more more and[and] has[has] again[again] exceeded exceeded demand.[demands]

Please Please see see below below a a breakdown breakdown[of] of what what this this project project has has achieved achieved and and the the focus focus points[points] over over the[the] life life of of* the the project. project. * AAP AAP funded funded - - offered offered since since 2017 2017 - - over over the the last last financial financial year year has has assisted assisted over over 1000 1000 residents residents

with with * * The Thetheir theirproject projectBenefit Benefit has has enquiries, enquiries, again again brought brought new new aclaims, aclaims, conservative conservative appeals appeals estimate estimateand and completion completion of of £2 22 million million of of paperwork. paperwork.pounds pounds of of extra extra revenue revenue into into the the local local economy economy through through extra extra benefit benefit awards, awards, backdated backdated payments, payments, successful successful appeals appeals and and

maximising maximising The The The The service serviceservice serviceincome. income.has hascontinues continuesoffered offered Excellent Excellentto to signposting signposting have have value value a a positive positive for for to tomoney moneyprofessional professionalimpact impact|[I] am am upon upon sure sure Debt Debt you you the the Advice Advice willmental willmental agree! agree! services services health health for for and and 70 70 wellbeing wellbeing residents. residents. of of those those

we we support. support. And And has has provided provided crucial crucial support support to to some some of of the the most most vulnerable vulnerable across across our our communities communities We We have have continued continuedat[at] very very difficult difficult times our our very verytimes popular popularin[in] their[their] outreach outreach lives. lives. support support services services in in Chilton, Chilton, fortnightly fortnightly at at Ferryhill Ferryhill Town Town Council Council and and Bishop Bishop Middleham. Middleham. We We have have also[also] completed completed an an increasing[increasing] number number of[of] home home visits visits* * We We[to] to are are ensure ensurecontinuing continuing that[that] everyone everyone to to build build strong stronghas[has] the[the] working working opportunity[opportunity] relationships relationships to[to] access access with with professional[professional] partners partners advice advice and and are are and[and] now now guidance. guidance. the the "referral "referral

agency agency of[of] choice"[ choice"][for] for many many[of] of these[ these] partners. partners. Livin Livin - - Hub Hub with with a a Heart Heart

A A bespoke bespoke project project established[established] to to offer offer targeted targeted help help to to Livin Livin tenants tenants with with a a focus focus on on improving improving

mental mental health, health, tackling tackling social social isolation, isolation, and and improving improving financial financial wellbeing. wellbeing. This This project project allowed allowed staff staff the the time time[to] to provide provide in in depth depth and and complex complex support support to to Livin Livin tenants. tenants. Providing Providing support support to[to] 50[50] Livin[Livin] tenants tenants and[and][providing] providing more more[than] than £2[E2][million] million in[in] social[social] value. value. This This funding funding supported[supported] LADDER LADDER to[to] help[help]

Livin Livin tenants tenants increase increase financial financial wellbeing, wellbeing, reduce reduce depression depression and and anxiety, anxiety, and and improve improve health health and and wellbeing. wellbeing.

Ferryhill Ferryhill Town Town Council Council Drop Drop In In - - Ferryhill Ferryhill Town Town Council Council

With With support support from from Ferryhill Ferryhill Town Town Council Council LADDER LADDER has has delivered[delivered] a a fortnightly[fortnightly] drop drop in[in] at[at] Ferryhill[Ferryhill]

Town Town[Hall] Hall and and this this has has allowed allowed us us to to engage engage with with people people who who would would not not always always attend[attend] the the

LADDER LADDER[Centre.] Centre. Providing Providing advice advice support support and and sign[sign] posting[posting] to[to] ensure ensure residents[residents] in[in] Ferryhill[Ferryhill] have have been been able able to[to] access access support support in[in] a a central central town town centre centre location. location. Chilton Chilton Town Town Council Council Drop[Drop][In] In - - Chilton Chilton Town Town Council Council & & Cllr Cllr Julie Julie Cairns Cairns

Between Between[April] April 2023[2023] and[and] March March 2024 2024 our our Chilton Chilton Outreach[Outreach] work work has[has] continued continued to[to] go go from[from] strength[strength]

to to strength, strength, with with an an average average of of 8 8 people people visiting visiting the the Drop Drop In In at at Chilton Chilton Town Town Hall Hall every every Tuesday Tuesday

morning. morning. We We have have also also provided provided support support by by means means of of home home visits,[visits,] to[to] those those Chilton Chilton residents[residents] who who

are are house house bound, bound, and and this this has has proved proved massively massively beneficial. beneficial. This This work work has has achieved achieved some some significant significant[results,] results, particularly particularly[in] in[relation] relation to to maximising maximising income income for for elderly elderly people people in in Chilton Chilton who who

previously previously have have had had no no means means of of accessing accessing advice advice and and guidance guidance readily.[readily.] We We would would like like to[to] take take

this this opportunity opportunity[to] to thank thank both both Councillor Councillor Julie Julie Cairns Cairns and and Chilton Chilton Town Town Council Council for[for] the the funding funding and and

ongoing ongoing support support to[to] allow allow us us to[to] deliver deliver this this vital vital service. service.

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Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited Limited Report Report of[of] the the Trustees Trustees for for the the Year Year Ended Ended 31[3'1] March March 2024 2024

AAP AAP Funding[Funding]

We We have have been been funded funded by[by] the[the] 4[4] Together Together Partnership Partnership over over the[the] last last year year to[to] work work with[with] children children and and

young young people.[people.] This[This] has[has] funded[funded][our] our generic[generic] play[play] and[and] youth[youth] sessions.[sessions.] These[These] sessions[sessions] have[have] been[been] essential essential for for the the children children and and young young people people of of Ferryhill Ferryhill and and have have been been the the back back bone bone of of our our delivery delivery[for] for children children aged aged 5-18[5-18] years years old.[old.] These These sessions sessions have have ran ran on on a a night[night] time time 3[3] nights[nights] a a week week

and and have have given given the the children children and and young young people people a a safe safe place place to[to] go go as as a a deterrent deterrent from from antisocial antisocial behaviour. behaviour. As As well well as as providing[providing][the] the children children and and young young people people with[with] physical[physical] activities, activities, arts arts and and

crafts, crafts, games games and and project project work work as as well[well] as as services services from from other other agencies agencies including including C-Card C-Card and and relationships/friendships relationships/friendships advice.[adviceø]

DCC DCC Fun[Fun][and] and Food Food

This This funding funding covered covered the[the] school school holidays: holidays: Easter,[Easter,] Summer Summer 23[23] and and Halloween. Halloween. This This funding funding was was in[in] place place[to] to ensure ensure[that] that children children were were fed[fed] over over the[the] school school holidays[holidays] to[to] try try and[and] combat combat holiday[holiday] hunger. hunger. During During these these sessions sessions we we provided provided children children and[and] young young people[people] with[with] a a hot[hot] meal meal as as well[well] as as positive positive activities activities for for them them to to take take part part in. in. This This included: included: arts arts and and craft craft activities, activities, physical physical activities activities to to ensure ensure children children are are encouraged encouraged[to] to lead lead a a healthy healthy lifestyle, lifestyle, project[project] work work including including an an evening evening learning learning[about] about the[the] Day[Day][of] of the[the] dead dead (dia[(dia] de de los[los] Muertos)[Muertos)] and[and] trying trying Mexican Mexican food. foods This This project project

worked worked[with] with 90 90 individual individual children children and and young young people. people. During During the[the] summer summer holidays[holidays] we we have have lots[lots] of[of] activities activities and[and] we we[play] play a a game game of[of the] the day day each[each] day day where where the[the] children children get[get] the[the] chance chance to[to] win[win] prizes prizes and and certificates. certificates. -

CDCF CDCF - Health Health Improvement Improvement Fund Fund & & Organisational Organisational Sustainability Sustainability Fund Fund Welfare Welfare delivery delivery has has always always been been geographically geographically limited limited and and demand demand to[to] offer offer help[help] and and support support to[to]

people people from from the[the] rural rural east east corridor corridor (Sedgefield, (Sedgefield, Fishburn, Fishburn, Trimdons) Trimdons) also also Spennymoor Spennymoor have have significantly significantly[increased.] increased. Working Working[in] in a a partnership partnership approach approach with with social[social] prescribers[prescribers] attached attached to[to] GP's[GP's]

we we developed[developed][and] and[now] now deliver[deliver] a[a] project[project][ funded] funded through[through] health[health] improvement[improvement] fund[fund] which[which] is[is] allowing[allowing]

us us to to support support vulnerable vulnerable clients clients who who have have been been cut cut off off from from services. services. Providing Providing telephone telephone

appointments appointments and and home home visits, visits, demand demand far far outstrips outstrips capacity capacity in[in] these these areas. areas. This This project project is is

ongoing ongoing and and[the] the expected expected outcomes outcomes have have already already been been exceeded. exceeded. BALM BALM Over Over the[the] last last 12 12 months months we we have have continued continued to[to] have have the[the] pleasure pleasure of of BALM BALM offering offering bereavement bereavement

and and grief grief support support from from The The Ferryhill Ferryhill Ladder Ladder Centre Centre both both by by means means of of group group support support on on the the first first

Tuesday Tuesday of[of] every every[month] month and and by by one-to-one one-to-one appointments appointments by by arrangement. arrangement„ Janet Janet Deane Deane from from

BALM BALM has[has] kindly kindly offered[offered] to[to] talk[talk] about about the[the] work work and and successes successes of[of] BALM BALM to[to] this[this] year's year's AGM AGM on on the[the]

12/07/2024. 12/07/2024.

FINANCIAL FINANCIAL REVIEW REVIEW

Principal Principal funding[funding] sources sources Funding Funding has has been been received received in in the the form form of of grants grants as as detailed detailed in in note note 3 3 to to the the accounts. accounts.

Reserves Reserves policy policy The The Management Management Committee Committee has has examined examined the[the] charity's charity's requirements requirements for[for] reserves reserves in[in] light[light] of[of] the[the] main main risks risks to to the the organisation. organisation. It It has has established established a a policy policy whereby whereby the[the] unrestricted unrestricted funds funds not[not] committed committed held[held] by by the the charity charity should should be be between between 3[3] and and 6[6] months months of[of] the the expenditure. expenditure, The The present present level level of of reserves reserves available available to to the the charity charity of of £39769 E39769 meets meets this this target target level. level.

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Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited Limited Report Report of[of] the the Trustees Trustees for for the the Year Year Ended Ended 31 31 March March 2024 2024

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FUTURE FUTURE PLANS PLANS Moving Moving forward forward LADDER LADDER will[will] continue continue to[to] look[look] at[at] supporting supporting local[local] people people through through the the cost[cost] of[of] living living crisis, crisis, grow grow the the excellent excellent work work delivered delivered by by staff staff and and secure secure funding funding for for play play and and youth youth delivery delivery so so we we can can support[support][all] all of of our our local local residents. residents. Services Services will[will] include include outreach outreach sessions sessions in in Chilton, Chilton, Ferryhill Ferryhill Town Town[Hall,] Hall,[Bishop] Bishop[Middlehamn] Middleham. Home Home visits visits and and targeted[targeted] work work will will be[be] offered[offered] through through the[the] rural rural east east corridor.[corridor.] Benefit Benefit calculations calculations and and work work to to increase increase income income and and reduce reduce outgoings outgoings will will continue. continue. Work Work[to] to reduce reduce anti anti social social behaviour behaviour will will continue continue and and new new ideas ideas will will be be implemented implemented to[to] support support children children and[and] young young people people[in] in Ferryhill. Ferryhill. To To help[help] us us with[with] this[this] we we have have successfully successfully sourced sourced 2[2] years years worth worth of of funding funding to[to] work work with with the the young young people people from from the the One One Million Million Hours Hours Fund. Fund. This This means means that that we we can can[offer] offer more more youth[youth] sessions sessions for[for] the[the] young young people[people] to[to] attend,[attend,] for[for] the[the] next[next] 2[2] years. years. Volunteering Volunteering will[will] continue continue to[to] be be a a priority priority and and LADDER LADDER will will look[look] at[at] new new ways ways to[to] encourage encourage and and support support volunteers. volunteers. Digital[Digital] independence independence will[will] also[also] continue continue to[to] be[be] a a major major theme,[theme,] providing[providing] people people with with the the skills skills to to be be self-reliant self-reliant and and build build confidence confidence to to manage manage independently. independently. Additionally Additionally funding funding to[to] carry carry out[out] capital capital work work to[to] the[the] building building and and IT[IT] infrastructure infrastructure will[will] be be a a priority[priority] over over[the] the[next] next[12] 12 months.[months,]

Mary Mary McCartin McCartin This This year year LADDER LADDER lost lost a a very very important important supporter, supporter, friend friend and and trustee. trustee. To To commemorate commemorate and[and] celebrate celebrate her her life life we, we, as as an an organisation, organisation, from from 2024 2024 we we will will be be identifying identifying a a member member of[of] the[the] community community[and] and inviting inviting them them[to] to accept accept The The Mary Mary McCARTIN McCARTlN Memorial Memorial Award Award for for outstanding outstanding contribution contribution to[to] our our communities. communities. We We feel[feel] that that this this is[is] an an apt[apt] way way to[to] ensure ensure Mary's Mary's legacy, legacy, whilst whilst also[also] acknowledging acknowledging the the "unsung" "unsung" heroes heroes who who give give so so much much to[to] support support others. others.

STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT Governing Governing document document The The charity charity is is controlled[controlled] by by its its governing governing document, document, a a deed[deed] of of trust, trust, and and constitutes constitutes a a limited limited company, company, limited[limited][by] by guarantee,[guarantee,] as as defined[defined] by[by] the[the] Companies[Companies] Act[Act] 2006.[2006.]

Recruitment Recruitment and and appointment appointment of of new new trustees trustees The The directors directors of[of] the the company company are are also[also] charity charity trustees trustees for[for] the[the] purpose purpose of[of] charity charity law[law] and[and] under[under] the[the] company's company’s Articles Articles are are known known as as members members of[of the] the Management Management Committee. Committee.

Under Under[the] the requirements requirements of of the the Memorandum Memorandum and and Articles Articles of of Association Association the the members members of[of] the the Management Management Committee Committee are are elected elected to to serve serve for for a a period period of of 1[1] year year after[after] which which they they must must be be

re-elected re-elected at at the the next next Annual Annual General General Meeting. Meeting.

The The Management Management Committee Committee seeks seeks to[to] ensure ensure that that the the needs needs of of the the charity charity are are appropriately[appropriately] reflected through reflected through the[the] diversity diversity[of the] of the trustee[trustee] body. body.

Organisational Organisational structure structure

The The Ferryhill Ferryhill LADDER LADDER Centre Centre Ltd[Ltd] has[has] a a Management Management Committee Committee of[of] up up to[to][7] 7 members members who who meet meet quarterly quarterly and[and] are are responsible responsible for for the the strategic strategic direction direction and and policy policy of of the the charity. charity. A A monthly monthly meeting meeting convenes convenes to[to] discuss discuss[operational] operational and and day-to-day day-to-day running running of of the the Centre.[Centre.]

A A scheme scheme of[of] delegation delegation is[is][in] in place place and and day-to-day day-to-day responsibility responsibility for[for] the[the] provision[provision] of[of] the[the] services[services] rests rests[with] with the[the] Development Development[Worker.] Worker.

Induction Induction and and training training of of new new trustees trustees

Most Most trustees trustees are are familiar familiar[with] with[the] the practical practical work work of[of] the[the] charity charity and[and] an an induction[induction] pack[pack] has[has] been[been] implemented implemented to to introduce introduce new new trustees trustees and and information information is is provided provided as as to to the the extent extent of of their[their] responsibilities responsibilities and and roles.[roles.] Page Page 6[6]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Report Repon of[of] the[the] Trustees Trustees for for the the Year Year Ended Ended 31 31 March March 2024 2024

STRUCTURE, STRUCTURE, GOVERNANCE AND[GOVERNANCE] AND MANAGEMENT MANAGEMENT Risk Risk management management The The Management Management Committee Committee has has concluded concluded its its own own review review of[of] the[the] major major risks risks to[to] which which the[the] charity charity is is exposed exposed and and systems systems have have been been established established to to mitigate mitigate those those risks. risks. Internal Internal risks risks are are minimalised minimalised by by the the implementation implementation of[of] procedures procedures for[for] authorisation authorisation of[of] all[all] transactions transactions and and projects projects and and[to] to ensure ensure consistent consistent quality quality of of delivery delivery for[for] all[all] operational operational aspects aspects of of the the charitable charitable company. company.

REFERENCE AND REFERENCE AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS

Registered Registered Company Company number number

03953195 03953195 (England[(England][and] and Wales) Wales)

Registered Registered Charity Charity number number 1090005 1090005

Registered Registered office office Ferryhill Ferryhill Ladder Ladder Centre Centre Ltd Ltd 5-7 5-7 Coniston Coniston Road Road Ferryhill Ferryhill Co. Co. Durham Durham DL17 DL17 8EZ 8EZ

Trustees Trustees Mr Mr J[J] Birchall Birchall Mrs Mrs V V A A Birchall Birchall Mrs Mrs V V C[C][Hall] Hall Mr Mr[P] P B B Atkinson Atkinson Ms Ms R R D[D] Henderson Henderson Ms Ms R[R] A A Jacobs Jacobs Ms Ms[M] M Mccartin[Mccartin] (resigned (resigned 26.7.23)[26.7.23)] Ms Ms J[J] B B Mc Mc Court Court (appointed (appointed 14.7.23) 14.723)

Company Company Secretary Secretary

Ms Ms R R A A Jacobs Jacobs

Independent Examiner Independent Examiner

Peter Peter A A Hodgson Hodgson

Peter Peter A A Hodgson Hodgson & & Co Co Limited[Limited] Chartered Chartered Certified Certified Accountants Accountants

Hett Hett Mill Mill Cottage Cottage

H Hett ett Durham Durham

DH6 DH6 5LN 5LN

Approved Approved[by] by order order of[of the] the board board of[of trustees] trustees on on 12 12 July[July] 2024 2024 and and signed signed on on its its behalf[behalf] by:[by:]

Mr Mr[P] P[B] B Atkinson Atkinson - - Trustee Trustee

Page Page 7[7]

Independent Independent Examiner's Examiner's Report Report to[to] the the Trustees Trustees of of

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource[Resource] Centre[Centre] Limited[Limited]

Independent Independent examiner's examiner's report report to[to] the the trustees trustees of of Ferryhill[Ferryhill] Lakes Lakes And And District District Development Development

Education Resource Education Resource Centre Centre[Limited] Limited (‘the[('the] Company’) Company') | I report report to to the the charity charity trustees trustees on on my my examination examination of of the the accounts accounts of of the the Company Company for for the the year year ended ended[31] 31 March March[2024.] 2024.

Responsibilities Responsibilities and[and] basis[basis] of[of] report report As As the[the] charity's charity's trustees trustees of[of] the[the] Company Company (and (and also[also] its its directors directors for for the[the] purposes purposes of[of] company company law)[law)] you you are[are][responsible] responsible for[for] the[the] preparation[preparation] of[of] the[the] accounts[accounts] in[in] accordance[accordance] with[with] the[the] requirements[requirements] of[of] the[the] Companies Companies Act Act 2006 2006[(the] (‘the 2006 2006 Act’). Act'). Having Having satisfied satisfied myself myself that that the the accounts accounts of of the the Company Company are are not not required required to[to] be be audited audited under under Part Part 16 16 of of the the 2006 2006 Act Act and and are are eligible eligible for for independent independent examination, examination, | I report report in in respect respect of of my my examination examination of[of] your your charity's charity's accounts accounts as as carried carried out[out] under under Section Section 145[145] of[of] the[the] Charities[Charities] Act[Act] 2011[2011] (the (‘the 2011 2011 Act'). Act’). In In carrying carrying out out my my examination examination | I have have followed followed the the Directions Directions given given by by the the Charity Charity Commission Commission under under Section Section[145(5)] 145(5) (b)[(b)] of of the the 2011 2011 Act. Act. Independent Independent examiner's examiner's statement statement I | have have completed completed my my examination. examination. I | confirm confirm that that no no matters matters have have come come to to my my attention attention in in connection connection with[with] the[the] examination examination giving giving me me cause cause to[to] believe: believe: 1. 1, accounting accounting records records were were not not kept[kept] in[in] respect respect of[of] the[the] Company Company as as required[required] by by Section Section 386[386] of[of] the the 2006 2006 Act; Act; or or 2. 2: the the accounts accounts do do not not accord accord with with those those records; records; or or 3. 3. the the accounts accounts do do not not comply comply with with the the accounting accounting requirements requirements of of Section Section 396 396 of of the the 2006 2006 Act Act other other than[than] any any requirement requirement that[that] the[the] accounts accounts give[give] a a true true and and fair fair view view which which is[is] not[not] a a matter matter considered considered as as part part of of an an independent independent examination; examination; or or 40 4. the the accounts accounts have have not not been been prepared prepared in in accordance accordance with with the the methods methods and and principles principles of[of] the the Statement Statement of[of] Recommended Recommended Practice[Practice] for[for] accounting accounting and and reporting[reporting] by by charities charities (applicable (applicable to[to] charities charities preparing preparing their[their] accounts accounts in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102)). 102)). I | have have no no concerns concerns and and have have come come across across no no other other matters matters in in connection connection with with the the examination examination to to which which attention attention should should be be drawn drawn[in] in this this report report in in order order to to enable enable a a proper proper understanding understanding of of the the accounts accounts[to] to be be reached. reached.

Peter Peter A A Hodgson Hodgson

Peter Peter A A Hodgson Hodgson & & Co Co Limited[Limited] Chartered Chartered Certified Certified[Accountants] Accountants

Hett Hett Mill Mill Cottage Cottage |

Hett Hett Durham Durham

Dl-16 DH6 5LN 5LN 12 12 July July 2024 2024

Page Page 8[8]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Statement Statement of[of] Financial Financial Activities[Activities] for for the the Year Year Ended Ended 31 31 March March 2024 2024

				31.324 31.3.24	31„3.23 31.3.23
		Unrestricted Unrestricted	Restricted Restricted	Total Total	Total Total
		funds funds	funds funds	funds funds	funds funds
INCOME AND ENDOWMENTS FROM INCOMEAND ENDOWMENTS FROM	Notes Notes	£	£	£	£
Donations and legacies Donations and legacies	2 2	536 536	-	536 536	1,310 1,310
Charitable activities Charitable activities	3 3
Room Hire Grants Received Room Hire Grants Received		2,500 29,312 2,500 29,312	149,990 - 149,990	2,500 179,302 2,500 179,302	157,278 - 157,278
Other income Other income		-	5,000 5,000	5,000 5,000	5,000 5,000
Total Total		32,348 32,348	154,990 154,990	187,338 187,338	163,588 163,588
EXPENDITUREON EXPENDITURE ON
Charitable activities Charitable activities	4 4
Administration of Charity Administration ofCharity		31 ,837 31,837	151 ,094 151,094	182,931 182,931	186,321 186,321
NETINCOME/(EXPENDITURE) NETINCOME/(EXPENDITURE)		511 511	3,896 3,896	4,407 4,407	(22,733) (22,733)
RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS
Total funds brought f01M/ard Total funds brought forward		39,258 39,258	195,608 195,608	234,866 234,866	257,599 257,599
TOTAL FUNDS CARRIED FORWARD TOTALFUNDSCARRIEDFORWARD		39,769 39,769	199,504 199,504	239,273 239,273	234,866 234,866

The The notes notes form form part part of[of] these these financial financial statements statements Page Page 9[9]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

	Statement ofFinancial Statement of	Financial Position Financial Position	Financial Position Financial Position
	31 March 2024 31 March 2024
				31.3.24 31.3.24	31.3.23 31.3.23
		Unrestricted Unrestricted	Restricted Restricted	Total Total	Total Total
		funds funds	funds funds	funds funds	funds funds
	Notes Notes	£	£	£	£
FIXED ASSETS FIXEDASSETS
Tangible assets Tangible assets	10 10	7,576 7,576	102,197 102,197	109,773 109,773	111,789 111,789
CURRENT ASSETS CURRENT ASSETS
Debtors Debtors	11 11	412 412	-	412 412	1 ,031 1,031
Cash at bank and in hand Cash at bank and in hand		36,737 36,737	100,526 100,526	137,263 137,263	128,557 128,557
		37,149 37,149	100,526 100,526	137,675 137,675	129,588 129,588
CREDITORS CREDITORS
Amountsfalling due within one year Amounts falling due within one year	12 12	(4,956) (4,956)	(3,219) (3,219)	(8,175) (8,175)	(6,511) (6,511)
NET CURRENT ASSETS NET CURRENTASSETS		32,193 32,193	97,307 97,307	129,500 129,500	123,077 123,077
TOTAL ASSETS LESS CURRENT TOTAL ASSETS LESS CURRENT
LIABILITIES LIABILITIES		39,769 39,769	199,504 199,504	239,273 239,273	234,866 234,866
NET ASSETS NETASSETS		39,769 39,769	199,504 199,504	239,273 239,273	234,866 234,866
FUNDS FUNDS	14 14
Unrestricted funds Unrestricted funds				39,769 39,769	39,258 39,258
Restricted funds Restricted funds				199,504 199,504	195,608 195,608
TOTAL FUNDS TOTALFUNDS				239,273 239,273	234,866 234,866

The The charitable charitable company company is[is] entitled entitled[to] to exemption exemption from from audit[audit] under under Section Section 477 477 of[of] the[the] Companies Companies Act Act 2006 2006 for for the the year year ended ended 31 31 March March 2024. 2024. The The members members have have not not[required] required the[the] company company to[to] obtain[obtain] an an audit audit of[of] its[its] financial financial statements statements for[for] the[the] year year ended[ended][31] 31 March[March] 2024[2024] in[in] accordance[accordance] with[with] Section[Section] 476[476] of[of] the[the] Companies[Companies] Act[Act] 2006.[2006.] The The trustees trustees acknowledge acknowledge[their] their responsibilities responsibilities for for (a) (a) ensuring ensuring[that] that the[the] charitable charitable company company keeps keeps accounting accounting records records that[that] comply comply with[with] Sections Sections 386 386 and and 387 387 of the of the Companies Companies Act Act 2006 2006 and and
(b) (b) preparing preparing financial financial statements statements[which] which give[give] a a true true and and fair[fair] view view of[of] the[the] state state of[of] affairs[affairs] of of the the charitable charitable company company as as at[at][the] the end[end] of[of] each each financial financial year year and and of[of] its[its] surplus[surplus] or or deficit[deficit] for[for] each[each] financial financial year year[in] in accordance accordance with[with] the[the] requirements requirements of of Sections Sections 394 394 and and 395 395 and and which which otherwise otherwise comply comply with[with] the the requirements requirements of[of] the[the] Companies Companies Act Act 2006 2006 relating[relating] to to financial financial statements, statements, so so far[far] as as[applicable] applicable to[to] the[the] charitable charitable company. company. The The notes notes form form part part of[of] these these financial financial statements statements Page Page 10 10 continued... continued...

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource[Resource] Centre[Centre] Limited[Limited]

Statement Statement of[of] Financial Financial Position Position - - continued continued 31 31 March March 2024 2024

These These financial financial statements statements have have been been prepared prepared in[in] accordance accordance with[with] the[the] provisions[provisions] applicable[applicable] to[to] charitable charitable companies companies subject subject to[to][the] the small[small] companies[companies] regime. regime.

The The financial financial statements statements were were approved approved by[by] the[the] Board Board of[of] Trustees Trustees and[and] authorised authorised for for issue issue on on

12 12[July] July 2024 2024 and and were were signed signed on on its its behalf[behalf] by: by:

Mrs Mrs V V A A Birchall Birchall - Trustee Trustee oe

Mr Mr P[P] B[B] Atkinson Atkinson - - Trustee Trustee

The The notes notes form form[part] part of[of] these these financial financial statements statements Page Page 11[11]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource[Resource] Centre[Centre] Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements for for the the Year Year Ended Ended 31 31 March March 2024 2024

ACCOUNTING ACCOUNTING POLICIES POLICIES

Basis Basis of preparing of preparing the the financial financial statements statements

The The financial financial statements statements of[of] the[the] charitable charitable company, company, which which is is a a public public benefit[benefit] entity[entity] under under

FRS FRS 102, 102, have have been been prepared prepared in in accordance accordance with with the the Charities Charities SORP SORP (FRS (FRS 102) 102) 'Accounting ‘Accounting and[and] Reporting Reporting by[by] Charities: Charities: Statement Statement of[of] Recommended Recommended Practice[Practice] applicable[applicable] to[to] charities charities preparing preparing their their accounts accounts in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective (effective 1 1 January January 2019)’, 2019)', Financial Financial Reporting Reporting Standard Standard 102 102 'The 'The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and[and]

Republic Republic of[of][Ireland'] Ireland’ and and the the Companies Companies Act Act 2006. 2006. The The financial financial statements statements have have been been prepared prepared under[under] the[the] historical[historical] cost[cost] convention.[convention,] Income Income All All income income is is recognised recognised in in the the Statement Statement of of Financial Financial Activities Activities once once the the charity charity has has entitlement entitlement to to the the funds, funds, it it is is probable probable that that the the income income will will be be received received and and the the amount amount can can

be be measured measured reliably. reliably. Expenditure Expenditure Liabilities Liabilities are are recognised recognised as as expenditure expenditure as as soon soon as as there[there] is is a a legal legal or or constructive constructive obligation obligation committing committing the the charity charity to to that that expenditure, expenditure, it it is is probable probable that that a a transfer transfer of of

economic economic benefits benefits will will be be[required] required in in settlement settlement and and the the amount amount of of the the obligation obligation can can be be measured measured reliably. reliably. Expenditure Expenditure is is accounted accounted for for on on an an accruals accruals basis basis and and has has been been classified classified under under headings headings that that aggregate aggregate all[all] cost[cost] related[related] to[to] the[the] category.[category.] Where Where costs costs cannot cannot be be directly directly attributed attributed to[to] particular particular headings headings they they have have been been allocated allocated to[to] activities activities on on a a basis[basis]

consistent consistent with with the the use use of of resources. resources.

Tangible Tangible fixed[fixed] assets assets Depreciation Depreciation is[is] provided provided[at] at the[the] following following annual annual rates[rates] in[in] order order to[to] write[write] off[off] each[each] asset asset over over its[its] estimated estimated useful[useful] life.[life.] Improvements Improvements[to] to property[property] =- in in accordance accordance with with the the property property Plant Plant and and machinery machinery - 20% 20% on on cost cost Fixtures Fixtures[and] and fittings fittings - 20% 20% on on cost cost

Computer Computer equipment equipment - - 20% 20% on on cost cost Taxation Taxation The The charity charity is[is] exempt exempt from[from][corporation] corporation tax tax on on its its charitable charitable activities. activities.

Fund Fund accounting accounting

Unrestricted Unrestricted funds funds can can be be used used in in accordance accordance with with the the charitable charitable objectives objectives at at the the discretion discretion

of the of the trustees. trustees.

Restricted Restricted funds funds can can only only be be used used for for particular particular restricted restricted purposes purposes within within the the objects objects of[of] the the charity. charity. Restrictions Restrictions arise arise when when specified specified by by the the donor donor or or when when funds funds are are raised raised for for particular particular restricted restricted purposes. purposes. Further Further explanation explanation of[of] the[the] nature nature and[and] purpose purpose of[of] each[each] fund[fund] is[is] included[included] in in the the notes notes to to the the financial financial statements. statements.

Hire Hire purchase purchase and and leasing leasing commitments commitments Rentals Rentals paid[paid] under under operating[operating] leases leases are are charged charged to[to] the[the] Statement Statement of[of] Financial[Financial] Activities[Activities] on on a a straight straight line[line] basis basis over over the[the] period[period] of[of the] the lease.[lease.]

Page Page 12 12 continued... continued...

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

1. ACCOUNTING ACCOUNTING POLICIES POLICIES - - continued continued

Pension Pension costs costs and and other[other] post-retirement[post-retirement] benefits benefits The The charitable charitable company company operates operates a a defined defined contribution contribution pension pension scheme. scheme. Contributions Contributions payable payable to to the the charitable charitable company's company's pension pension scheme scheme are are charged charged to to the the Statement Statement of of Financial Financial Activities Activities in in the the period period to to which which they they relate. relate.

2. 2. DONATIONS DONATIONS AND AND LEGACIES LEGACIES

2. 2.	DONATIONS AND LEGACIES DONATIONS AND LEGACIES
			31.3„24 31.3.24	31-3.23 31:3.23
			E	£
	Donations Donations		536 536	1,310 1,310
3.	INCOME FROM CHARITABLE ACTIVITIES INCOME FROM CHARITABLE ACTIVITIES
			31*3.24 31.3.24	31.3.23 31.53.20
	Room hire Activity Room Hire Activity Room hire Room Hire		2,500 2 2,500	a -
	Grants Grants Received Grants Grants Received		179,302 179,302	157,278 157,278
			181 ,802 181,802	157,278 157,278
	Grants received, included in the above, are as follows: Grants received, included in the above, are as follows:
			31-3.24 31.3.24	31.3.23 31,3.23
			£	£
	Durham County Council Durham County Council
		;	86,305 86,305	34,709 34,709
	County Durham Community Foundation County Durham Community Foundation		27,275 27,275	40,125 40,125
	Livin' Housing Ltd Livin' Housing Ltd		1 ,495 1,495	23,000 23,000
	The National Lottery Community Fund RC North East and Cumbria Fund Ferryhill Town Council The National Lottery Community Fund RC North East and Cumbria Fund Ferryhill Town Council		45,750 6,428 45,750 6,428	48,675 1 ,525 48,675 1,525
	Neighbourly Foundation Neighbourly Foundation		2,055 2,055	1 ,ooo 1,000
	Pioneering Care Group Pioneering Care Group		6,994 6,994	6,744 6,744
	Arnold Clark Arnold Clark		-	1 ,ooo 1,000
	Durham Community Action Durham Community Action		-	500 500
	Chilton Town Council Chilton Town Council		3,000 3,000	-
			179,302 179,302	157,278 157,278

Page Page 13 13 continued... continued...

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes[to] to the the Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

4. 4.	CHARITABLE ACTIVITIES COSTS CHARITABLE ACTIVITIES COSTS
				Support Support
			Direct Costs Direct Costs	costs (see note 5) costs (see note 5)	Totals Totals
			£	£	£
	Administration of Charity Administration of Charity		164,129 164,129	18,802 18,802	182,931 182,931
5. 5.	SUPPORT COSTS SUPPORT COSTS
				Governance Governance
		Management Management	Finance Finance	costs costs	Totals Totals
		£	£	£	£
	Administration of Charity Administration ofCharity	14,564 14,564.	121 121	4,117 4,117	18,802 18,802
6. 6.	NET INCOME/(EXPENDITURE) NETINCOME/(EXPENDITURE)
	Net income/(expenditure) is stated after Net income/(expenditure) is stated after	charging/(crediting): charging/(crediting):
				313.24 31.3.24	31.3„23 31.0:29
				e	£
	Depreciation - owned assets Depreciation - owned assets			7,000 7,000	6,488 6,488
	Other operating leases Otheroperatingleases			7,564 7,564	3,472 3,472

te TRUSTEES' TRUSTEES’ REMUNERATION AND REMUNERATION AND BENEFITS BENEFITS

There There were were no no trustees' trustees' remuneration remuneration or or other other benefits benefits for[for] the the year year ended ended 31[31] March March 2024 2024 nor nor[for] for the[the] year year ended ended[31] 31 March March 2023.[2023.]

Trustees' Trustees’ expenses expenses

There There were were no_ no trustees’ trustees' expenses expenses paid[paid] for[for] the[the] year year ended ended 31[31] March March 2024 2024 nor nor for[for] the[the] year year ended ended[31] 31 March March[2023.] 2023.

STAFF STAFF COSTS COSTS

STAFF COSTS STAFF COSTS
		31.3.24 31.3.24	31.3.23 31.38.23
		£	£
Wages and salaries Wages and salaries		114,112 114,112	112,237 112,237
Social security costs Social security costs		8,760 8,760	8,472 8,472
Other pension costs Other pension costs		2,459 2,459	2,546 2,546
		125,331 125,331	123,255 123,255
The average monthly number of employees during the yearwas as follows: The average monthly number ofemployees during the yearwas as follows:
		31.3.24 31.3.24	31.3.23 31,3:23
Support Workers SupportWorkers		7 ic	7 7
No employees received emoluments in excess ofE60,000. No employees received emoluments in excess of£60,000.
	Page 14 Page14		continued... continued...

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

9. COMPARATIVES COMPARATIVES FOR FOR THE THE STATEMENT STATEMENT OF OF FINANCIAL FINANCIAL ACTIVITIES ACTIVITIES

	Unrestricted Unrestricted	Restricted Restricted	Total Total
	funds funds	funds funds	funds funds
	£	£	£
INCOME AND ENDOWMENTS FROM INCOMEAND ENDOWMENTS FROM
Donations and legacies Donations and legacies	155 155	1,155 1,155	1,310 1,310
Charitable activities Charitable activities
Grants Received Grants Received	19,869 19,869	137,409 137,409	157,278 157,278
Other income Other income	-	5 ooo 5,000	5,000 5,000
Total Total	20,024 20,024	143,564 143,564	163,588 163,588
EXPENDITURE ON EXPENDITURE ON
Charitableactivities Charitable activities
Administration of Charity Administration of Charity	25,881 25,881	160,440 160,440	186,321 186,321
NETINCOME/(EXPENDITURE) NET INCOME/(EXPENDITURE)	(5,857) (5,857)	(16,876) (16,876)	(22,733) (22,733)
RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS
Total funds brought forward Total funds brought forward	45,115 45,115	212,484 212,484	257,599 257,599
TOTAL FUNDS CARRIED TOTAL FUNDS CARRIED
FORWARD FORWARD	39,258 39,258	195,608 195,608	234,866 234,866

Page Page 15 15 continued... continued..,

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited Limited

		Notes Notes	to the Financial Statements to the Financial Statements	to the Financial Statements to the Financial Statements	continued - continued
			for theYear Ended 31 March 2024 forthe Year Ended 31 March 2024
10.	TANGIBLE FIXED TANGIBLE FIXED	ASSETS ASSETS
			Improvements to Improvements to	Plant and Plant and	Fixtures and Fixtures and	Computer Computer
			property property	machinery machinery	fittings fittings	equipment equipment	Totals Totals
			£	e	£	£	£
	COST COST
	At 1 April 2023 At 1 April 2023		168,613 168,613	16,422 16,422	44,990 44,990	17,604 17,604	247,629 247,629
	Additions Disposals Additions Disposals		. -	- -	(24,519) - (24,519)	4,984 (9,567) 4,984 (9,567)	4,984 (34,086) 4,984 (34,086)
	At 31 March 2024 At 31 March 2024		168,613 168,613	16,422 16,422	20 471 20,471	13,021 13,021	218,527 218,527
	DEPRECIATION DEPRECIATION
	At 1 April 2023 At 1 April 2023		65,788 65,788	16,422 16,422	37,857 37,857	15,773 15,773	135,840 135,840
	Charge for year Charge foryear		3,372 3,072	~	1 ,998 1,998	1 ,630 1,630	7,000 7,000
	Eliminated on disposal Eliminated on disposal		-	-	(24,519) (24,519)	(9,567) (9,567)	(34,086) (34,086)
	At 31 March 2024 At 31 March 2024		69,160 69,160	16,422 16,422	15,336 15,336	7,836 7,836	108,754 108,754
	NET BOOK VALUE NET BOOKVALUE
	At 31 March 2024 At 31 March 2024		99,453 99,453	-	5,135 5,135	5,185 5,185	109,773 109,773
	At 31 March 2023 At 31 March 2023		102,825 102,825	-	7,133 7,133	1,831 1,831	111,789 111,789
11. 11.	DEBTORS: AMOUNTS FALLING DUE DEBTORS: AMOUNTS FALLING DUE			WITHIN ONEYEAR WITHIN ONE YEAR
						31.324 31.3,.24	310323 31,3.23
						E	£
	Prepayments Prepayments					412 412	1 ,031 1,031
12B 12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
						31.324 31.3.24	31.323 31.3:28
						£	£
	Trade creditors Trade creditors					-	663 663
	Social security and Social securityand	other taxes other	other taxes taxes			2,924 2,924	2,715 2,715
	Accrued expenses Accrued expenses					5,251 5,251	3,133 3,183

						8,175 8,175	6,511 6,511

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Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

LEASING LEASING AGREEMENTS AGREEMENTS Minimum Minimum lease lease payments payments under under non-cancellable non-cancellable operating operating leases leases fall[fall] due[due] as as follows:[follows:]

	31.3.24 31.3.24	31.323 +s PS
	£	£
Within one year Within oneyear	“	4,319 4,319
Between one and five years Between one and five years	21 ,524 21,524	-
	21,524 21,524.	4,319 4,319

Page Page 17 17 continued... continued...

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

14. MOVEMENT MOVEMENT[IN] IN[FUNDS] FUNDS

MOVEMENT [IN] [FUNDS] MOVEMENT IN FUNDS
		Net Net
	At 1.423 At 1.4.23	movement in funds movement in funds	3103.24 At 31.3.24
	£	£	£
Unrestricted funds Unrestricted funds
2 Running/redundancycosts 2 Running/redundancy costs	22,979 22,979	1 ,788 1,788	24,767 24,767
Contingencyfund Contingency fund	4,506 4,506	30 30	4,536 4,536
Youth Unrestricted Youth Unrestricted	1 ,002 1 ,058 1,002 1,058	675 1,145 675 1,145	1 ,677 2,203 1,677 2,203
Maintenance Maintenance	9,713 9,713	(3,127) (3,127)	6,586 6,586
	39,258 39,258	511 511	39,769 39,769
Restrictedfunds Restricted funds
4 Support Worker 4 Support Worker	12,145 12,145	1 ,078 1,078	13,223 13,223
6 Support Worker 3 Support Worker 6 SupportWorker 3 Support Worker	15,644 31 ,064 15,644. 31,064	17,345 (2,715) 17,345 (2,715)	32,989 28,349 32,989 28,349
5 Support Worker Fixed Assets Restricted 5 Support Worker Fixed Assets Restricted	8,326 99,750 8,326 99,750	(3,502) 2,447 (3,502) 2,447	4,824 102,197 4,824 102,197
7 SupportWorker 7 Support Worker	9,787 9,787	(1,414) (1,414)	8,373 8,373
8 Support Worker 8 SupportWorker	3,399 3,399	(3,399) (3,399)	-
Ladies Group Ladies Group	1,175 1,175	(500) (500)	675 675
Sport EasterActivities Sport Easter Activities	526 526 -	4,160 - 4,160	526 4,160 526 4,160
Pioneering Care Group Pioneering Care Group	-	440 440	440 440
Craft and Chat Volunteer Fund Craft and Chat Volunteer Fund	585 765 585 765	(108) (765) (108) (765)	477 477 -
Platinum Fixed Assets Platinum Fixed Assets	3,036 3,036	(3,036) (3,036)	-
Police and Crime Commissioner Police and Crime Commissioner
Fund Fund
CD Corn Fund CD Com Fund
	1 ,225 1,220	(1 ,225) (1,225)	-
Happiness Hub for Men Happiness Hub for Men	600 600	(600) (600)	-
Children Kitchen/Food Children Kitchen/Food	2,738 3,316 2,738 3,316	(2,738) (949) (2,738) (949)	2,367 - 2,367
10 Support Worker 10 SupportWorker	1,527 1,527	(873) (873)	654 654
Pioneering Care Group Curry Club Pioneering Care Group Curry Club	-	250 250	250 250
	195,608 195,608	3,896 3,896	199,504 199,504
TOTAL FUNDS TOTALFUNDS	234,866 234,866	4,407 4,407	239,273 239,273

Page Page 18 18

continued... continued„n,

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

1. MOVEMENT MOVEMENT[IN] IN FUNDS FUNDS - continued continued Net Net movement movement in[in] funds,[funds,] included included in[in] the the above above are are as as follows: follows:

	Incoming Incoming	Resources Resources	Movement Movement
	resources resources	expended expended	in funds in funds
	£	£	E
Unrestrictedfunds Unrestricted funds
2 Running/redundancy costs 2 Running/redundancy costs	31 ,643 31,643	(29,855) (29,855)	1,788 1,788
Contingencyfund Contingency fund	30 30	-	30 30
Youth Youth	675 675	-	675 675
Unrestricted Maintenance Unrestricted Maintenance	- -	1,145 (3,127) 1,145 (3,127)	1,145 1,145 (3,127)
	32,348 32,348	(31 ,837) (31,837)	511 511
Restrictedfunds Restricted funds
4 Support Worker 6 Support Worker 3 Support Worker 4 SupportWorker 6 Support Worker 3 SupportWorker	26,544 47,094 36,064 26,544 47,094 36,064	(25,466) (29,749) (38,779) (25,466) (29,749) (38,779)	1 ,078 17,345 (2,715) 1,078 17,345 (2,715)
5 Support Worker 5 SupportWorker	7,010 7,010	(10,512) (10,512)	(3,502) (3,502)
Fixed Assets Restricted Fixed Assets Restricted	4,984 4,984	(2,537) (2,537)	2,447 2,447
Livin' Housing Ltd Livin' Housing Ltd	2,473 2,473	(2,473) (2,473)	-
7 Support Worker 8 Support Worker 7 SupportWorker 8 SupportWorker	13,622 13,622 -	(15,036) (3,399) (15,036) (3,399)	(1 ,414) (3,399) (1,414) (3,399)
Ladies Group Halloween EasterActivities Ladies Group Halloween Easter Activities	731 4,160 - 731 4,160	(500) (731) (500) (731) -	(500) 4,160 (500) - 4,160
Pioneering Care Group Craft and Chat Pioneering Care Group Craft and Chat	600 250 600 250	(160) (358) (160) (358)	440 (108) 440 (108)
Volunteer Fund Volunteer Fund	-	(765) (765)	(765) (765)
Platinum Fixed Assets Police and Crime Commissioner Platinum Fixed Assets Police and Crime Commissioner	-	(3,036) (3,036)	(3,036) (3,036)
Fund Fund
CD Com Fund CD Com Fund
Happiness Hub for Men Children Kitchen/Food Happiness Hub forMen Children Kitchen/Food	(675) (85) 825 4,307 (675) (85) 825 4,307	(550) (515) (3,563) (5,256) (550) (515) (3,563) (5,256)	(1 ,225) (600) (2,738) (949) (1,225) (600) (2,738) (949)
10 Support Worker CDCF Accounts and Social Media County Durham Com Welcome 10 SupportWorker CDCF Accounts and Social Media County Durham Com Welcome	1 ,208 5,000 1,208 5,000	(2,081) (5,000) (2,081) (5,000)	(873) (873) -
Space Space	628 628	(628) (628)	-
Pioneering Care Group Curry Club Pioneering Care Group Curry Club	250 250	-	250 250
	154,990 154,990	(151 ,094) (151,094)	3,896 3,896
TOTAL FUNDS TOTALFUNDS	187,338 187,338	(182,931)	4,407 4,407

TOTAL TOTAL FUNDS FUNDS

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continued... continued.,

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource[Resource] Centre[Centre] Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

14. 14. MOVEMENT MOVEMENT IN[IN] FUNDS[FUNDS] -[-] continued continued

Comparatives Comparatives for[for] movement movement in[in] funds funds

----- Start of picture text -----
||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Net|Net| |movement|movement|At| |At|At|1.4.22|[1.4.22]|in|in|funds|funds|3153.23|31.3.23| |E|£|£| |Unrestricted|Unrestricted|funds|funds| |2|2|Running/redundancy|Running/redundancy costs|costs|30,652|30,652|(7,673)|(7,673)|22,979|22,979| |Contingency|Contingency|fund|fund|10,506|10,506|(6,000)|(6,000)|4,506|4,506| |Youth|Youth|1,216|1,216|(214)|(214)|1,002|1|,002| |Unrestricted|Unrestricted|2,741|2,741|(1,683)|(1|,683)|1,058|1|,058| |Maintenance|Maintenance|-|9,713|9,713|9,713|9,713| |45,115|45,115|(5,857)|(5,857)|39,258|39,258| |Restricted|Restricted|funds|funds| |4|4|Support|Support|Worker|Worker|28,167|28,167|(16,022)|(16,022)|12,145|12,145| |6|6|Support|Support|Worker|Worker|33,887|33,887|(18,243)|(18,243)|15,644|15,644| |3|3|Support|Support|Worker|Worker|9,563|9,563|21,501|21|,501|31,064|31|,064| |5|5|Support|Support Worker|Worker|1,878|1|,878|6,448|6,448|8,326|8,326| |Fixed|Fixed|Assets|Assets|Restricted|Restricted|104,926|104,926|(5,176)|(5,|176)|99,750|99,750| |CDCF|CDCF|4,166|4,166|(4,166)|(4,|166)|-| |Awards|Awards|For|For All|[All]|6,557|6,557|(6,557)|(6,557)|-| |7|7|Support|Support|Worker|Worker|2,287|2,287|7,500|7,500|9,787|9,787| |8|8|Support|Support|Worker|Worker|2,449|2,449|950|950|3,399|3,399| |Ladies|Ladies|Group|Group|20|20|1,155|1,155|1,175|1,175| |Sport|Sport|~|526|526|526|526| |Supportive|Supportive|SRC|SRC|Ltd|[Ltd]|650|650|(650)|(650)|~| |Arnold|Arnold|Clark|Clark|334|334|(334)|(334)|-| |Craft|Craft|and|[and]|Chat|[Chat]|1,800|1|,800|(1,215)|(1|[,215)]|585|585| |Easter|Easter|2,200|2,200|(2,200)|(2,200)|-| |Volunteer|Volunteer|Fund|Fund|1,100|1,100|(335)|(335)|765|765| |AAP|AAP|Welfare|[Welfare]|Fund|Fund|12,000|12,000|(12,000)|(12,000)|-| |Platinum|Platinum|Fixed|[Fixed]|Assets|Assets|500|500|2,536|2,536|3,036|3,036| |Police|Police|and|and|Crime|Crime|Commissioner|Commissioner| |Fund|Fund| |CD|CD|Com|Com|Fund|Fund| |”|1,225|1|,225|1,225|1|,225| |Happiness|Happiness|Hub|Hub|for|for|Men|Men|-|600|600|600|600| |Children|Children|-|2,738|2,738|2,738|2,738| |Kitchen/Food|Kitchen/Food|-|3,316|3,316|3,316|3,316| |10|10|Support|Support Worker|Worker|-|1,527|1|,527|1,527|1|,527| |212,484|212,484|(16,876)|195,608|195,608| |TOTAL|TOTAL|FUNDS|FUNDS|257,599|257,599|(22,733)|234,866|234,866|

----- End of picture text -----

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continued... continued...

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

•140 14. MOVEMENT MOVEMENT IN[IN] FUNDS[FUNDS] - continued continued Comparative Comparative net net movement movement[in] in funds,[funds,] included[included] in[in] the[the] above above are are as as follows: follows:

			Incoming Incoming	Resources Resources	Movement Movement
			resources resources	expended expended	in funds in funds
			£	£	£
Unrestricted funds Unrestricted funds
2 Running/redundancy costs 2 Running/redundancy costs			14,857 14,857	(22,530) (22,530)	(7,673) (7,673)
Contingency fund Contingency fund			(6,000) (6,000)	-	(6,000) (6,000)
Youth Ferryhill Town Council Unrestricted Maintenance Youth Ferryhill Town Council Unrestricted Maintenance			100 11,067 - 100 - 11,067	(214) (100) (1 ,683) (l ,354) (214) (100) (1,683) (1,354)	(214) (1 ,683) 9,713 (214) - (1,683) 9,713
			20,024 20,024	(25,881) (25,881)	(5,857) (5,857)
Restricted funds Restricted funds
4 Support Worker 4 SupportWorker			9,300 9,300	(25,322) (25,322)	(16,022) (16,022)
6 Support Worker 6 SupportWorker			8,014 8,014	(26,257) (26,257)	(18,243) (18,243)
3 Support Worker 3 SupportWorker			60,268 60,268	(38,767) (38,767)	21,501 21,501
5 Support Worker 5 SupportWorker			16,978 16,978	(10,530) (10,530)	6,448 6,448
Fixed Assets Restricted Fixed Assets Restricted			~	(5,176) (5,176)	(5,176) (5,176)
CDCF Awards ForAll 7 Support Worker 8 Support Worker CDCF Awards For All 7 Support Worker 8 Support Worker			(1 ,637) (2,163) 22,370 3,744 (1,637) (2,163) 22,370 3,744	(2,529) (4,394) (14,870) (2,794) (2,529) (4,394) (14,870) (2,794)	(4,166) (6,557) 7,500 950 (4,166) (6,557) 7,500 950
Ladies Group Ladies Group			1,155 1,155	-	1,155 1,155
Halloween Sport Supportive SRC Ltd Arnold Clark Craftand Chat Easter Halloween Sport Supportive SRC Ltd Arnold Clark Craft and Chat Easter	;		693 1 ,840 (322) 340 5,545 693 1,840 (322) 340 - 5,545	(693) (1,314) (328) (674) (1 ,215) (7,745) (693) (1,314) (328) (674) (1,215) (7,745)	526 (650) (334) (1 ,215) (2,200) - 526 (650) (334) (1,215) (2,200)
Volunteer Fund AAP Welfare Fund Platinum Fixed Assets Volunteer Fund AAP Welfare Fund Platinum Fixed Assets			(709) 4,793 - (709) 4,793	(335) (11,291) (2,257) (335) (11,291) (2,257)	(335) (12,000) 2,536 (335) (12,000) 2,536
New ESF Slow Cookers Police and Crime Commissioner NewESF Slow Cookers Police and Crime Commissioner			236 918 236 918	(236) (918) (236) (918)	- -
Fund Fund
CD Com Fund CD Com Fund
Happy Hive Warm Hub Happiness Hub for Men Happy Hive Warm Hub Happiness Hub for Men			1 ,500 203 1,196 600 1,500 203 1,196 600	(275) (203) (1,196) (275) (203) (1,196) ~	1 ,225 600 1,225 - - 600
Children Kitchen/Food Children Kitchen/Food			3,049 4,105 3,049 4,105	(311) (789) (311) (789)	2,738 3,316 2,738 3,316
10 Support Worker 10 SupportWorker			1,548 1,548	(21) (21)	1 ,527 1527
			143,564 143,564	(160,440)	(16,876)
TOTALFUNDS TOTAL FUNDS			163,588 163,588	(186,321) (186,321)	(22,733) (22,733)
		Page 21 Page21			continued... continued...

TOTAL TOTAL FUNDS FUNDS

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the[the] Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

MOVEMENT MOVEMENT[IN] IN FUNDS[FUNDS] -[-] continued[continued]

A A current[current] year year 12[12][months] months and[and] prior[prior] year year 12 12 months months combined combined position position is[is] as as follows:[follows:]

----- Start of picture text -----
|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Net|Net| |movement|movement|At| |At|At|1.4.22|1.422|in|in|funds|funds|31.3.24|31.3.24| |£|£|£| |Unrestricted|Unrestricted funds|funds| |2|2|Running/redundancy|Running/redundancy costs|costs|30,652|30,652|(5,885)|(5,885)|24,767|24,767| |Contingency|Contingency|fund|fund|10,506|10,506|(5,970)|(5,970)|4,536|4,536| |Youth|Youth|1,216|1,216|461|461|1,677|1|,677| |Unrestricted|Unrestricted|2,741|2,741|(538)|(538)|2,203|2,203| |Maintenance|Maintenance|-|6,586|6,586|6,586|6,586| |45,115|45,115|(5,346)|(5,346)|39,769|39,769| |Restricted|Restricted|funds|funds| |4|4|Support|Support|Worker|Worker|28,167|28,167|(14,944)|(14,944)|13,223|13,223| |6|6|Support|Support|Worker|Worker|33,887|33,887|(898)|(898)|32,989|32,989| |3|3|Support|Support|Worker|Worker|9,563|9,563|18,786|18,786|28,349|28,349| |5|5|Support|Support Worker|Worker|1,878|1|,878|2,946|2,946|4,824|4|, 824| |Fixed|Fixed|Assets|Assets|Restricted|Restricted|104,926|104,926|(2,729)|(2,729)|102,197|102,197| |CDCF|CDCF|4,166|4, 166|(4,166)|(4, 166)|-| |Awards|Awards|For|For All|All|6,557|6,557|(6,557)|(6,557)|-| |7|7|Support|Support|Worker|Worker|2,287|2,287|6,086|6,086|8,373|8,373| |8|8|Support|Support|Worker|Worker|2,449|2,449|(2,449)|(2,449)|-| |Ladies|Ladies|Group|Group|20|20|655|655|675|675| |Sport|Sport|-|526|526|526|526| |Easter|Easter|[Activities]|Activities|“|4,160|4,160|4,160|4,160| |Pioneering|Pioneering|Care|Care|Group|Group|”|440|440|440|440| |Supportive|Supportive|SRC|SRC|Lid|Ltd|650|650|(650)|(650)|-| |Arnold|Arnold|Clark|Clark|334|334|(334)|(334)|-| |Craft|Craft|and|and|Chat|Chat|1,800|1|,800|(1,323)|(1|,323)|477|477| |Easter|Easter|2,200|2,200|(2,200)|(2,200)|-| |Volunteer|Volunteer|Fund|Fund|1,100|1,100|(1,100)|(1,100)|-| |AAP|AAP|[Welfare]|Welfare|Fund|Fund|12,000|12,000|(12,000)|(12,000)|~| |Platinum|Platinum|Fixed|[Fixed]|Assets|Assets|500|500|(500)|(500)|-| |Kitchen/Food|Kitchen/Food|-|2,367|2,367|2,367|2,367| |10|10|Support|Support|Worker|Worker|-|654|654|654|654| |Pioneering|Pioneering|Care|Care|Group|Group|Curry|[Curry ]|Club|Club|-|250|250|250|250| |,|212,484|212,484|(12,980)|(12,980)|199,504|199,504| |TOTAL|TOTAL FUNDS|FUNDS|257,599|257,599|(18,326)|(18,326)|239,273|239,273|

----- End of picture text -----

continued... continued..„

Page Page 22[22]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

Notes Notes to[to] the the Financial Financial Statements Statements - - continued continued for for the the Year Year Ended Ended 31 31 March March 2024 2024

MOVEMENT MOVEMENT IN[IN][FUNDS] FUNDS[-] continued continued

A A current[current] year year[12] 12 months months and[and] prior prior year year 12 12 months months combined combined net net movement movement in[in] funds,[funds,] included included in in the the above above are are as as follows: follows:

	Incoming Incoming	Resources Resources	Movement Movement
	resources resources	expended in funds expended __ in funds
	£	£	£
Unrestrictedfunds Unrestricted funds
2 Running/redundancy costs 2 Running/redundancy costs	46,500 46,500	(52,385) (52,385)	(5,885) (5,885)
Contingency fund Contingency fund	(5,970) (5,970)	-	(5,970) (5,970)
Youth Ferryhill Town Council Youth Ferryhill Town Council	675 100 675 100	(214) (100) (214) (100)	461 461 -
Unrestricted Maintenance Unrestricted Maintenance	11,067 - 11,067	(538) (4,481) (538) (4,481)	(538) 6,586 (538) 6,586
	52,372 52,372	(57,718) (57,718)	(5,346) (5,346)
Restricted funds Restricted funds
4 Support Worker 4 SupportWorker	35,844 35,844	(50,788) (50,788)	(14,944) (14,944)
6 Support Worker 3 Support Worker 5 Support Worker 6 SupportWorker 3 Support Worker 5 Support Worker	55,108 96,332 23,988 55,108 96,332 23,988	(56,006) (77,546) (21 ,042) (56,006) (77,546) (21,042)	(898) 18,786 2,946 (898) 18,786 2,946
Fixed Assets Restricted Fixed Assets Restricted	4,984 4,984	(7,713) (7,713)	(2,729) (2,729)
Livin' Housing Ltd Livin' Housing Ltd	2,473 2,473	(2,473) (2,473)	-
CDCF CDCF	(1 ,637) (1,637)	(2,529) (2,529)	(4,166) (4,166)
Awards ForAll Awards For All	(2,163) (2,163)	(4,394) (4,394)	(6,557) (6,557)
7 Support Worker 7 SupportWorker	35,992 35,992	(29,906) (29,906)	6,086 6,086
8 Support Worker 8 SupportWorker	3,744 3,744	(6,193) (6,193)	(2,449) (2,449)
Ladies Group Ladies Group	1,155 1,155	(500) (500)	655 655
Halloween Sport EasterActivities Halloween Sport Easter Activities	1 ,424 1 ,840 4,160 1,424 1,840 4,160	(1 ,424) (1,314) (1,424) (1,314) -	526 4,160 - 526 4,160
Pioneering Care Group Supportive SRC Ltd Arnold Clark Craft and Chat Pioneering Care Group SupportiveSRC Ltd Arnold Clark Craft and Chat	600 (322) 340 250 600 (322) 340 250	(160) (328) (674) (1 ,573) (160) (328) (674) (1,573)	440 (650) (334) (1 ,323) 440 (650) (334) (1,323)
Easter Volunteer Fund Easter Volunteer Fund	5,545 5,545 -	(7,745) (1,100) (7,745) (1,100)	(2,200) (1,100) (2,200) (1,100)
AAP Welfare Fund AAP Welfare Fund	(709) (709)	(1 1 ,291) (11,291)	(12,000) (12,000)
Platinum Fixed Assets Platinum Fixed Assets	4,793 4,793	(5,293) (5,293)	(500) (500)
New ESF NewESF	236 236	(236) (236)	-
Slow Cookers Police and Crime Commissioner Slow Cookers Police and Crime Commissioner	918 918	(918) (918)	-
Fund Fund
CD Corn Fund CD Com Fund
Happy Hive Happy Hive	825 203 825 203	(825) (203) (825) (203)	- -
Warm Hub Warm Hub	1,196 1,196	(1,196) (1,196)	-
Happiness Hub for Men Children Kitchen/Food Happiness Hub for Men Children Kitchen/Food	515 3,874 8,412 515 3,874 8,412	(515) (3,874) (6,045) (515) (3,874) (6,045)	2,367 - - 2,367
10 Support Worker 10SupportWorker	2,756 2,756	(2,102) (2,102)	654 654.

continued... continued...

Page Page 23[23]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited Limited

		Notes to the Financial Statements Notes to the Financial Statements	continued - continued
		for theYear Ended 31 March 2024 for the Year Ended 31 March 2024
14. 14.	MOVEMENT IN MOVEMENT IN	FUNDS - continued FUNDS - continued
	CDCF Accounts CDCF Accounts	and Social Media and Social Media	5,000 5,000	(5,000) (5,000)	-
	CountyDurham County Durham	Com Welcome Com Welcome
	Space Space		628 628	(628) (628)	-
	Pioneering Care Pioneering Care	Group Curry Club Group Curry Club	250 250	-	250 250
			298,554 298,554	(311 ,534) (311,534)	(12,980) (12,980)
	TOTAL FUNDS TOTALFUNDS		350,926 350,926	(369,252)	(18,326)

15. 15. RELATED RELATED[PARTY] PARTY[DISCLOSURES] DISCLOSURES

There There were were no no related[related] party[party] transactions transactions for[for] the[the] year year ended ended 31[31] March March 2024.[2024„]

1. ULTIMATE ULTIMATE CONTROLLING[CONTROLLING][PARTY] PARTY

The The company company is[is] incorporated incorporated as as a a company company limited limited by by guarantee guarantee and and not not having having a a share share capital. capital. The The members members of of the the company company have have each each undertaken undertaken to to contribute contribute an an amount amount not not exceeding exceeding £1[El] towards towards any any deficit deficit arising arising in[in] the the event event of of the the company company being being wound wound up. up. This This guarantee guarantee applies[applies] during[during] the the period period of[of] membership membership and and extends extends one one year year after after membership membership ceases. ceases.

Page Page 24[24]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

	Detailed Statement ofFinancial Activities Detailed Statement of Financial Activities
	for the Year Ended 31 March 2024 forthe Year Ended 31 March 2024
		31.3.24 31.3.24	31.3.23 31,8.20
		£	£
INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS
Donations and legacies Donations and legacies
Donations Donations		536 536	1,310 1,310
Charitable activities Charitable activities
Room hire Room hire		2,500 2,500	-
Grants Grants		179,302 179,302	157,278 157,278
		181,802 181,802	157,278 157,278
Other income Other income
Employment allowance Employment allowance		5,000 5,000	5,000 5,000
Totalincoming resources Total incoming resources		187,338 187,338	163,588 163,588
EXPENDITURE EXPENDITURE
Charitable activities Charitable activities
Wages Social security Pensions Wages Social security Pensions		114,112 8,760 2,459 114,112 8,760 2,459	112,237 8,472 2,546 112,237 8,472 2,546
Rates and water Rates and water		461 461	453 453
Insurance Insurance		1 ,785 1,785	1 ,257 1,257
Lightand heat Telephone Postage and stationery Sundries Police checks Light and heat Telephone Postage and stationery Sundries Police checks		4,470 3,187 376 2,104 52 4,470 3,187 376 2,104 52	2,484 4,458 316 2,379 52 2,484 4,458 316 2,379 52
Activity costs Repairs and maintenance Staff travel Activity costs Repairs and maintenance Stafftravel		15,979 7,319 109 15,979 7,319 109	30,393 3,606 663 30,393 3,606 663
Licences Licences		386 386	474 A474
Cleaning Work clothing Rentokil Sage software Photocopier usage Cleaning Work clothing Rentokil Sage software Photocopier usage		426 227 920 144 853 426 227 920 144 853	1 ,077 424 836 144 896 1,077 424 836 144 896
		164,129 164,129	173,167 173,167
Support costs Support costs
Management Other operating leases Carriedforward Management Other operating leases Carriedforward		7,564 7,564 7,564 7,564	3,472 3,472 3,472 3,472

This This page page does does not not form form part part of[of] the the statutory statutory financial financial statements statements

Page Page 25[25]

Ferryhill Ferryhill Lakes Lakes And And District District Development Development Education Education Resource Resource Centre Centre Limited[Limited]

	Detailed Statement ofFinancial Activities Detailed Statement of Financial Activities
	for theYear Ended 31 March 2024 forthe Year Ended 31 March 2024
		31.3 24 31.3.24	31.3.23 31,3.23
		£	£
Management Management
Broughtforward Brought forward		7,564 7,564	3,472 3,472
Improvements to property Improvements to property		3,372 3,372	3,372 3,372
Fixtures and fittings Fixtures and fittings		1 ,998 1,998	1,720 1,720
Computer equipment Computer equipment		1 ,630 1,630	1 ,396 1,396
		14,564 14,564	9,960 9,960
Finance Finance
Bank charges Bank charges		121 121	125 125
Governance costs Governance costs
Accountancy fees Accountancy fees		3,349 3,349	3,056 3,056
Professional fees Professional fees		768 768	13 13
		4,117 4,117	3,069 3,069
Total resourcesexpended Total resources expended		182,931 182,931	186,321 186,321
Net income/(expenditure) Netincome/(expenditure)		4,407 4,407	(22,733)

This This page page does does not not form form part part of of the the statutory statutory financial financial statements statements Page Page 26[26]