# **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
Page 2 of 13
## **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
Page 3 of 13
## **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.
Page 4 of 13
## **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
Page 5 of 13
## **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
- Examine the financial statements under s.145 of the 2011 Act;
- Follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act;and
- 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:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which agree with the accounting records and comply with the accounting requirements of the 2011 Act ; or
-
- (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
Page 6 of 13
## **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**|
Page 7 of 13
## **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
Page 8 of 13
## **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:
- the charity becomes entitled to the resources.
- the trustees are virtually certain they will receive the resources; and
- 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.
Page 9 of 13
## **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|
Page 10 of 13
## **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|||
Page 11 of 13
## **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|
Page 12 of 13
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**|
Page 13 of 13