Gateshead Redheugh 1957 Charity Number: 1091078
Financial Statements and Reports For the period ended 31 December 2022
Gateshead Redheugh 1957
Contents
Item Page Legal and Administrative Information 3 Trustees’ Report 4-5 Independent Examiners Report 6 Statement of Financial Activities 7 Balance Sheet 8 Notes to the Accounts 9-12
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Gateshead Redheugh 1957
Legal and Administrative Information
Name:
Gateshead Redheugh 1957
Charity No: 1091078 Trustees: Mr M. Hughes (Chair) Mr G Stewart (Secretary) Mr L. Stokoe (Treasurer) Mr T Clark Mr C Simpson Mrs K Keene Governing Document: The Charity is operated under the rules of its constitution dated 8 December 2000 and most recently amended on 27 July 2001 and is unincorporated. Address: Eslington Park Bolam Street GATESHEAD Tyne & Wear NE8 2TQ Bankers: Barclays Bank plc Gateshead High Street GATESHEAD Tyne & Wear Independent Examiner: Kate Tully FMAAT FCIE 20 Ennerdale Crescent Winlaton Blaydon on Tyne NE21 6PS
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Gateshead Redheugh 1957
Trustees’ Report
Objects:
To help the young people in Gateshead and its surrounding area especially but not exclusively through their leisure time activities so to develop their physical, mental and spiritual capacities that they may grow to full maturity as individuals and members of society.
Achievements:
Gateshead Redheugh as a well-established local hub continues to promote and develop year on year within its community and beyond.
This season is no different. The organisational structure of the club enables us to grow in confidence. We have a robust management team, we also have 80+ volunteers who manage and coach football teams from the club all of which have up to date DBS checks and FA coaching accreditation. Redheugh actively encourages new volunteers to embark on football coaching and management courses including First Aid and Safeguarding qualifications. Existing coaches are equally encouraged to develop their own careers as instructors and mentors to children and young people with the support of several partner organisations. We continue to promote regular CPD for all of our coaches including Level 2 and Level 3 FA Qualifications.
The club currently has 39 teams including a senior team, 3 girls teams and a walk in football team in the Northern Alliance league, and the wildcats teams are making great progress.
Our child football development goes from strength to strength as children as young as 5 are coached and proudly represent their club in the local area. These children embark on a career with the club that can take them to adulthood the messages and values embraced by the club, we feel help most of our members as they grow and develop.
The club’s facilities are magnificent; many teams use the club as a training base. We have a 3G playing surface which is increasingly being used on a daily basis Dunston UTS and Whickham FC 2 local senior teams in the EBAC Northern league avail themselves of our facilities and many of our players go to play at this high level when their career at Redheugh has run its course.
Our main playing surface is magnificently maintained by our ground manager the surrounding area is utilised continuously throughout the season finally our links with Newcastle foundation, Gateshead Council and Durham FA help maintain our high standards. The next season promises to be another successful year as a club we keep going forward.
We are currently saving for a new carpet for the 3G pitch which is due for renewal in 2023. We have savings towards a new 3G pitch of £27,945 and a sinking fund of £104,486 towards the carpet.
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Gateshead Redheugh 1957
The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by the range of activities as described above.
Financial Review:
It is the policy of the charity to try to build up unrestricted funds, which are free reserves of the charity, to a level that equates to approximately 6 months unrestricted expenditure. This will provide sufficient funds to cover management and administration support costs and any emergencies that may arise from time to time.
Trustees Responsibilities
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to comply with applicable law. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the Trustees
Name Les Stokoe Position Treasurer Signature L Stokoe Date 26[th] October 2023
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Gateshead Redheugh 1957
Independent Examiner’s Report on the Accounts
Report to the trustees/members of Redheugh Boys Club on Accounts for the period ended 31 December 2022, set out on pages 6 to 10.
Respective responsibilities of the Charity and the Independent Examiner
As members of the Charity you are responsible for the preparation of the financial statements; you consider that the audit requirement of Regulation 3(3) and section 144(2) of the Charities Act do not apply and that an independent examination is needed. It is my responsibility to
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Examine the financial statements under s.145 of the 2011 Act;
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Follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act;and
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State whether particular matters have come to my attention
Basis of examiner’s statement
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent examiner’s statement
In connection with my examination no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Act; and
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to prepare accounts which agree with the accounting records and comply with the accounting requirements of the 2011 Act ; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date 26[th] October 2023
Signed K A Tully
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Gateshead Redheugh 1957 Statement of Financial Activities
For the year ending 31 December 2022
| Note Income and Endowments from: Donations and Legacies 2 Charitable Activities 2 Other Trading Income 2 Investments 2 Other Total Expenditure on: Raising Funds 2 Charitable Activities 2 Other 2 Total Net incoming/outgoing resources before transfers Transfers Net movement in funds Reconciliation of Funds Total Funds brought forward Total funds carried forward |
Unrestricted Restricted Funds Funds £ £ |
Total Funds 2022 £ |
Total |
|---|---|---|---|
| Funds 2021 |
|||
| £ | |||
| 1,627 0 197,369 80,305 53,137 0 931 12,367 |
1,627 277,674 53,137 13,298 0 |
||
| 2,480 | |||
| 104,920 | |||
| 11,801 | |||
| 0 | |||
| 0 | |||
| 253,064 92,672 |
345,736 | 119,202 | |
| 3,611 0 351,480 16,873 |
3,611 368,353 0 |
||
| 3,864 | |||
| 81,278 | |||
| 355,091 16,873 |
371,964 | 85,142 | |
| (102,027) 75,799 |
(26,228) | 34,060 | |
| (102,027) 75,799 |
(26,228) | 34,060 | |
| 131,007 68,566 |
199,573 | ||
| 165,513 | |||
| 28,980 144,365 |
173,345 | 199,573 |
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Gateshead Redheugh 1957
Balance Sheet
As at 31 December 2022
| Note Fixed Assets Current Assets Debtors and Prepayments Cash at Bank and In Hand Total Current Assets Liabilities Creditors: Amounts falling due within one year Total Current Assets less Current Liabilities Creditors: Amounts falling due after one year TOTAL ASSETS LESS TOTAL LIABILITIES The Funds of the Charity: Restricted Funds Unrestricted Funds TOTAL CHARITY FUNDS |
Total Funds 2022 £ 0 |
Total Funds 2021 £ 0 |
|---|---|---|
| 0 | 0 | |
| 1,686 171,759 |
1,686 198,187 |
|
| 173,445 | 199,873 | |
| (100) | (300) | |
| (100) | (300) | |
| 0 | ||
| 173,345 | 199,573 | |
| 144,365 28,980 |
68,566 131,007 |
|
| 173,345 | 199,573 |
The financial statements were approved by the following members of the management Committee on behalf of all the members.
Signature L Stokoe Position Treasurer Signature M Hughes Position Chair Date 26[th] October 2023
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Gateshead Redheugh 1957
Notes To The Financial Statements
For the period 1 January to 31 December 2022
1 Accounting Policies
Basis of Preparation
These Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2015) – Charities SORP (FRS 102).
Gateshead Redheugh 1957 meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
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the charity becomes entitled to the resources.
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the trustees are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability.
Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Capital Grants are released over the economic useful life of the asset to which they relate.
Resources Expended and Liabilities
Resources expended have been analysed using a natural classification.
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible Fixed Assets
The Charity holds no assets of material worth at the present.
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Gateshead Redheugh 1957
2 Funds
The charity has two funds: An unrestricted general fund, and a restricted fund. There are no designated funds at this time.
| Restricted Funds Funder 3G Sinking Fund 3G Savings Fund for New 3G Fencing Football Association - 3G Pitch Maintenance Team Pots Total |
||
|---|---|---|
| Bal b/f Income Expenditure Transfers 62,566 41,920 27,945 6,000 10,440 (16,873) 12,367 |
Bal c/f 104,486 27,945 6,000 (6,433) 12,367 |
|
| 68,566 92,672 (16,873) 0 |
144,365 | |
| Funder | Purpose of Fund | |
| FA - 3G Pitch Maintenance | Maintenance of 3G Pitch | |
| Various Funders 3G Pitch Sinking Fund | To cover the costs of replacing the 3G pitch (est. £120,000) | |
| Fundrasing for Fencing | Fence to protect Railway Pitches | |
| Team Pots | Funds raised by individual teams |
Analysis of Income and Expenditure 2022
Income and Expenditure Analysis 2022 Income and Endowments from:
| Donations and Legacies Donations Charitable Activities 3G Pitch Hire 3G Savings Fund Café - Rent Changing Lives - Rent Clothing/Kit Contribution to Running Costs Fines Football Association - 3G Pitch Maintenance Football Camp Football Foundation Gateshead Council Gift Aid Grants Merchandise Pitch Hire Rise North East Sales Subscriptions Tournaments Training/Coaching Uncategorised income Other Trading Activities Fundraising Income Sponsorship Investments Bank Interest Earned Total |
Total Total Unrestricted Restricted 2022 2021 |
Total Total Unrestricted Restricted 2022 2021 |
Total Total Unrestricted Restricted 2022 2021 |
|---|---|---|---|
| 1,627 | 1,627 | 2,480 | |
| 1,627- | 1,627 | 2,480 | |
| 2040 69,865 0 10384.45 0 0 226 0 1,038 0 10,440 0 16,202 24129 3838.49 1,070 0 35,043 75,891 0 0 27,508 |
2,040 0 10,384 0 0 226 0 1,038 10,440 16,202 24,129 3,838 1,070 0 35,043 75,891 0 27,508 |
230 0 916 12,373 0 3,300 12,500 4,200 0 0 0 2,983 4,015 0 62,767 0 300 1,337 |
|
| 197,369 80,305 |
207,809 | 104,920 | |
| 21,884 12,367 31,253 |
34,251 31,253 |
6,063 5,739 |
|
| 53,137 12,367 |
65,504 | 11,802 | |
| 931 0 931 1 |
|||
| 931 0 |
931 | 1 | |
| 253,064 92,672 |
275,871 | 119,203 |
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Gateshead Redheugh 1957
Expenditure on:
Raising Funds Fundraising Costs Charitable Activities 3G Pitch Costs Administration/Finance Advertising/Promotion Bank Charges Bookkeeping Fees Café CCTV Cleaning/Hygiene Covid Hygiene Waste Collection Clothes for Advertising Coaching Computing Costs CPD DBS Dues and Subscriptions Fines Floodlight Electricity Football Association Fees Football Camps Football Kits Fuel Expenses Futsal Groundsman Exp Insurances League Fees Merchandise Office/General Administrative Expenses Other Expenditure Other Professional Services Payroll Expenses: Wages HMRC Phone Costs Pitch Costs Printing, Postage and Stationery Project Costs Purchases Refs Fees Rent Repairs and Maintenance Repairs and Maintenance - Vehicles Small Equipment Smiths Terrace Sports Equipment Staff Costs Subs Refund Sundries Team Spends Tournament Fees Tractor Cost Tractor Fuel |
Unrestricted Restricted 3,611 |
Total 2022 3,611 |
Total 2021 3,864 |
|---|---|---|---|
| 3,611 - |
3,611 | 3,864 | |
| 0 0 20,540 2,912 2,912 2,729 0 74 0 0 (2) 0 180 180 180 0 720 720 0 5,777 5,777 1,858 86 86 1,274 624 624 582 0 0 175 0 0 160 0 0 190 113,853 113,853 1,388 250 250 150 0 0 359 1,855 1,855 611 378 378 384 712 712 20 12,721 12,721 5,600 0 0 869 556 556 613 575 575 0 2,995 2,995 0 2,104 2,104 1,773 6,441 6,441 4,912 5,219 5,219 623 158 158 362 4,207 4,207 4,592 0 0 100 30,326 30,326 180 1,353 1,353 0 392 392 469 16,873 16,873 13,452 632 632 245 0 0 10,208 29 29 565 61,334 61,334 3,726 11,462 11,462 (69,219) 303 303 1,346 249 249 279 258 258 50 270 270 0 46,200 46,200 27,772 5,734 5,734 27,010 80 80 0 20 20 35 2,944 2,944 102 7,757 7,757 1,279 308 308 1,058 670 670 563 |
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Gateshead Redheugh 1957
| Travel and Accommodation Trophies Utilities: Gas/Electric Internet TV Licence Water Total Resources Expended |
5,701 1,982 10,270 163 159 562 |
5,701 1,982 10,270 163 159 562 |
0 5,701 1,982 10,270 163 159 562 |
474 3,190 9,004 0 0 0 0 |
|---|---|---|---|---|
| 351,480 | 16,873 | 368,353 | 81,278 | |
| 355,091 16,873 |
**371,964 ** | 85,142 |
Support Costs
| Support Costs | ||
|---|---|---|
Support Cost Type Household and Cleaning Trophies/Prizes Sports Equipment/ Strips/Activities Legal/ Accountancy Fees/Professional Postage/Stationery/Printing Utilities Training Insurance Affilliation / League Fees Total |
Fundraising Charitable Governance Activity Activity Activity £ £ £ 6,487 5,701 46,458 7,839 632 13,136 113,853 2,104 6,441 |
Total Cost £ 6,487 5,701 46,458 7,839 632 13,136 113,853 2,104 6,441 |
| - 202,651 - |
202,651 |
3 Trustees Remuneration
No Trustee or person connected with the Club received any remuneration during the year.
4 Salaries
Employees
Salaries and NI Payroll Costs Total Number of Employees 1 full time and 1 part time |
Unrestricted £ 36,060 1,353 |
Restricted Total 2022 £ £ 36,060 1,353 |
Restricted Total 2022 £ £ 36,060 1,353 |
Total 2021 £ 27,592 180 |
|---|---|---|---|---|
| 37,413 | - |
37,413 | 27,772 |
|
| Total 2021 1.5 |
||||
| Total 2022 | Total 2021 | |||
| 1.5 | 1.5 |
One full time employee and one part time employee were employed during the year and did not receive remuneration of over £60,000
5 Debtors
| Debtors and Prepayments | Total 2022 | Total 2021 |
|---|---|---|
| £ | £ | |
| Trade Debtors | 16,389 | 1,686 |
| Total | 16,389 | 1,686 |
| 6 Creditors (amounts falling due within one year) |
||
| Creditors | Total 2022 | Total 2021 |
| £ | £ | |
| Independent Examination Fee | 100 | 300 |
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HMRC Total
100 300
Gateshead Redheugh 1957
| 7 Cash at Bank an in Hand Cash at Bank and In Hand Cash Main Current Account (6074 0748) 2nd Current Account (1074 0756) 3rd Current Account (3077 2763) Cambridge and Counties |
Total 2022 51 615.69 22,443 10,218 138,431 |
Total 2021 759 55,478 6,030 67,354 68,566 |
|---|---|---|
| 171,759 | 198,187 |
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