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2023-03-31-accounts

Page
Charity information
Trustees' Annual Report
Statement ofdirectors' responsibglties
Independent
Examiner's
Report
Funds Statements:-
Statement ofFinancial Activities 11
Statement of Financial Activities -Prior Year statement 11
Statement
oftotal recognised
gains and losses 12
Movements
in funds
14
Revaluation
reserves
14
Revenue
Funds
14
Fixed Asset funds 13
Income and Expenditure account 15
Summary offunds 16
Balance sheet 16
Notes tothe accounts 17

The financial
position ofthe charity at 31 March 2023
The financial
position ofthe charity at 31 March 2023
and comparatives for the prior period, as
more fully detailed in the accounts, can be summarised as follows:-
2023 2022
5
Net income 37,467 19,046
Unrestricted
Revenue Funds available for the
general purposes ofthe charity
323,117 285,650
Designated
Revenue
Funds 200,000 200,000
Total unrssfrictsd Funds 523,117 485,650
Total Funds 523,117 485,650

Washington
Millennium
Centre
ended 31 March 2023
Washington
Millennium
Centre
ended 31 March 2023
Trust Limite d -Statement ofFinancial A d -Statement ofFinancial A d -Statement ofFinancial A ctivities for the year
Statement ofFinancial Activities (including the income and Expenditure Account for the
year ended 37 26arch 2023, aa required
by
the Companiea Act 2006)
8onp
Ru
Current year
Unrestricted
Funljs
Current
ye sr
Restricted
Funds
Current year
Endowment
Funds
Currentyssr
Totslpunds
Prior Year
TotslFusds
2023 2933 2323 2023 2022
2 4 8 E 2
income 8 Endowments
from:
Donations
&Legacies
Chantable
activities
A1
A2
42,523
3'l9,580
42,523
310,580
120,820
211,446
Investments A4 1,535 1,535 31
Total Income A 363,638 363,538 332,2$7
Expenditure on:
Raising funds
Charitable
activities
Tsxon surplus on ordinary sctivlt
81
82
83
325,885
286
325885
286
5,196
308049
6
Total expenditure 8 326171 326,171 ~333251
Net income for the year 37,467 37r487 10,046
Net income after transfers A-84: 37A87 37+if 19,046
Net movement
in funds
37,467 37A67 19,046
Reconciliation offunds:- E
Total funds brought forward 485,650 485,550 486,604
Total funds carried forward 523,117 523,117 485,650
2023 2022
Surplus for the year r- 6 6
Net excess of
Realised gains
income over expenditure
from operations
before tax
on dispossls ofsocial investments
which are programme
related 37,753 19,052
income from operations
before taxin
tbe Stslement ofFinancier Act(rites 37,753 19,052
Net Movement in funds before taxation 37,753 19,052
Taxaton arising in the year (286) (6)
Funds generated
in the year as shown
on Statement of Financial Activities 37,467
Washington Millennium Centre Trust Limited -Resources applied in the year ended 31
March 2023 towards fixed assets for Charity use:-
2023 2022
8 6
Funds generated
In ths year as
Resources applied on funchional
detailed
In the SOFA
fixed assets
37,467
(48,51I )
19,046
(40,588)
Other applications
offunds
Net resources available to fund charitable activities

Unrssulcted Restricted Endowment Total Last year
Funds Funds Funds Funds ToislFunds
282$ 2023 202$ 2023 2022
8 E 2 E 4
Accumulated funds brought forward 485,650 485,650 466,604
Recognised
transfers
gains and losses before 37,467 37,467 19,046
52$,117 523,117 485,650
Closing revenue funds 523117 523,117 485,550
Designated revenue funds included within the unrestricted funds above
Total Last year
Funds Total Funds
2023 2022
r. E
At 1 April 200,000 200,000
At 31 March 200,000 200,000
Summary of funds Summary of funds Unrestricted Restricted Endowment Total Last Year
and Funds Funds Funds TotslFunds
Designated
funds
2023 2823 2023 2S23 2822
8 2 E 8
Revenue accumulated
Revenue designated
funds
funds
323,117
200,000
323,117
200,000
285,650
200,000
Totalfunds 523,117 523,117 485,650

Income and Expenditure
A
Companies
Act 2006
cco unt for th e year ended 31 M arch 2023a s required
by t
he
2023 2022
income
Income from operations 352,103 332,266
Investment
income snd interest
Interest receivable 1,535 31
Gross Income In the year before exceptional items 383638 332297
Gross income in the year induding exceptional items 383,638 332,297
Expeiidltiire
Charitable
expenditure,
excluding
Depreciation
snd amorlisstion
Fundraising
costs
Governance costs
depreciation snd amorlisetion 303,405
19,769
2,699
284,010
22,019
5,196
2,010
Interest payable 12 10
Realised losses
on disposals of
social investments which are programme related
Total expenditum
in the year
325,885 313,245
Net income before tax in the financial year 37,753 19,052
Tax on surplus
on ordinary activities
285 6
Net income after tsx in the financial year 37,467 19,046
Retained surplus for the financial year 37,467 19,046
All activities derive fram continuing operations

Tangible nxed assets
Tangible fixed assets are measured
at their original costvalue, or subsequent
revaluation,
or ifdonated, as described
above. Cost value includes at costs expended
in bnnging
the asset into its intended
working
condition.
Depreas5on
has been provided
atths following
rates in order to write offthe assets to their anticipated
residual value
over their estimated
useful lives.
Fitness Equipment
20 %straight
line
Plant and machinery
25and33
%straightline
Footbal pitch, fencing, etc
25 %skaighlirne
A regular annual
review afthe likelihood ofasset impairment
is undertaken.
Accounting
for aapltsl grants snd fixed asset furtds.
Gifts of tangible
fixed assets ar grants ofe capital nature,
given for the purposes
ofacquiring
specific assets to be fully
utilised
in the furtherance
offire objects of fhe charity, are credited tofixed asset funds after the donated asset has been
received or sums have been properly expended
on ihe restricted purpose.
Where the terms ofthe grit require lhe charity to hold the asset on an ongoing basis for a specific purpose,
then the fixed
asset fund so created is categorissd asa restricted
fixed asset fund, and the relevant
restrictions sre noted in the fixed
asset note 12.
Where the terms ofthe gift are met once the asset is acquired, so allowing
the charity to use the asset on an unreskicted
basis, including
the right to receive the proceeds ofany future sale ofthe asset on an unrestricted
basis, then the feed
asset fund so created is categorised as a designated
fixed asset fund.
When assets are acquired
for the furtherance
af the chanty's objects, utilising the chsrit)rs own unrestrimed
funds, s
transfer is made from unrestricted
funds to a designated
fixed asset fund.
Whether acquired
with unrestricted
or restricted funds, the asset acquired is initially shown
in the balance sheet st the
full
cost of acquisition
or subsequent
revaluation.
As the related assets sre depreciated,
in accordance
with the depreciation
policy, in order to mflect the dimunition
In the
asset,a transfer is made fmm the relevant fixed asset funds to eilher unrestricted
or restncted
revenue
funds, as
appropriate
to the terms ofthe original
gift, ifany.
The effect ofthis pogcy is that ths aggregate of afi fixed asset funds shall equate tothe net book value offixed assets.
In the first year mat this policy was adopted, stransfer to fixed asset funds was made equivalent
to the net book value
of
the assets.
Any residual
liability to ths donor
arising from, for exemple, the assefsfuture sale, is disclosed as s contingent
liability
unless the event that would trigger repayment
ofthe grant becomes probable
in which case a liability for repayment
is
recognised.
insofar as this policy relates to Government
grants and ta the extent that it may bea departure
from the FRS102SORP
(Statement of Recommended
Practice for Accounting
and Reporting
by Charities)
2015,(ss amended
by the Bufie5n
issued
in October 2018and applicable
to sg accounting
periods beginning
on or after 1stJanuary 2019),(The SORP),
such departure
isjustified on the basis that il is m order to comply with Ihe soRp.
Stocks and work in progress
Stock rs valued at the lower ofcost snd net realisable value.
Debtors
Debtors are measured
at their recoverable
amounts
at the balance sheet date.

Ssisty costs 2023 2022
8
Gross Salaries excluding trustees and Xey management
personnel
Employer's
National
Insurance
for ag staff
195,308
5,161
177,304
4,370
Employer's
operating costs ofdefined
contribuiion
pension schemes
2,643 2,286
Total salaries, wages and related costs 203,112 183,960
The average
number offull time staff employed
The estimated
full time equivalent
number ofag
in the year wes
staff employed
in the year wss 14
14
16
16
The estimated
equivalent
number offull ume
ererr u proyed in dmem ruurn itrm rn the year wusr-
Engaged on charitable
aclivifies
14 16
The estimated
full time equivslsnf
number ofail stsff'employed
as above 14 16
Neither the trustees
nor any persons connected
with them have received any remunerahon from the charity or any related
entiiy, either in the current or prior year.

Current Year Football
pitch,
hlncrng etc
Plant 8
Machinery
Fitness
Equipment
Total
Cost
At 1 April 2022 101,435 404.091 240,$85 748,201
Additions 48,292 219 48,511
At 31March 2023 101,435 452,373 240,904 794,712
Depreciation
At 1 April2022
Charge forthe year
101,435 363,206
19,471
239,574
298
704,215
19,769
At31iaarch 2023 101435 382,677 239872 723 984
Net book value
At 31 March 2023 $9,$96 1,032 70,728
At 31March 2022 40,875 1 111 41,986
Prfor Year' Football
pitch,
fencing etc
Plant 6
Machinery
Fitness
Equipment
Total
cost
01 April 2021
Addblons
101,435 363,493
40,588
240,685 705,813
40,588
31March 2022
Depreciation
01 April 2021
Charge for the year
92,648
8,787
350,624
12,582
238,924
650
682,196
22,019
31 March 2022 101A35 363206 239574 704215
Net book value
31 March 2022 40,875 1111 41,985
31 March 2021 8,787 12,869 1761 23417

Washington
Iliiiennium
Centre Trust Limited
Washington
Iliiiennium
Centre Trust Limited
Washington
Iliiiennium
Centre Trust Limited
Notes tothe Accounts for the year ended 31 March 2023
13 Stocks &Work in Progress
2023 2022
E E
Stocks before write downs 750
750 750
Analysis ofthe carrying value cfstocks sad wortr in progress by activities
kyorR in Progress StocRs
2023 2022 2023 2022
E 8 2 8
Activity
Other charitable
activities
750 750
750 750
14 Debtors
2023 2022
2 E
Prepsymects
and accrued income
Other debtors
1,761 765
123
~1761 888
15 Creditors: amounts falling due within one year 2023 2022
6
Trade creditors 2,768 26,318
Accrusls 2,138 2,043
Corporation
fax
PAYS, NIC VAT snd other faxes
Other creditors
390
16,902
626
104
8,816
429
22,824 37.710
16 Income and Expenditure account summary 2023
E
2022
8
At1 April2022
Surplus after tsx forthe
year 485,650
37,467
466,804
19,046
At 31 March 2023 523,117 485,650

At 31March 2023 At 31March 2023 Unraalrlatad Designated Designated Endowment Endowment Endowment Restricted Total
funda funds funds funda Funda
E E 8 E 5
Tangible
Current
Fixed Assets
Assets
70,728
475,213
70,728
475,213
Current Lwbilitiea (22,824) (22,824)
523,117 523,11'I
At 1 Aprg 2022 Unrestricted Designated Endowment Reatriatad Total
funds funda funds funds Funds
8 8 8 8 E
Tangible
Currant
Fixed Assets
Assets
41,086
281,374
200,000 41,006
481,374
Current Liabilities (37,710) (37,710)
285650 200,000
Change In total funds over the year as shown
in Note 18,analysed
by individual funds
Funds brausm Movement in Transfers Funds carried
forward fram funds
In 2023
between forward Ia
2022 funds in 2023 2024
f saa Note 20
8
f E
Unrestricted
and designs
lad funds:-
Unrestricted
Revenue
Funds 285,650 37,467 323,117
Designated
Revenue Funds
200,000 200,000
Total unrestricted and designated funds 485,650 37,467 523,117
Totalcharltyfunds 485,650 37,467 523,117
Analysis ofmovements in funds over the year as shown in Note 19
Other
Income Expandnura Gains It Movement
Leases in funds
2023f 2023 2023
f
2023
8
Unrestricted
and designated
fundal-
Unrestricted
Revenue Funds
363,638 (326,171) 37,467
Endowment
funds:-
363638 ~20 171 37467

Current
year
unrsetncteo
Funds
Current year
nestnctso
Funds
Current year
nestnctso
Funds
Current year
nestnctso
Funds
Current year
Enoowmeet
Funds
Current year
Total Funds
Prior Year
Total Fence
2023 2023 2023 2023 2022
0 8 5
Revenue grants from government and
public bodies
Conned
Programme
17,157 17,157 14,666
Health
and wsllbeing
programme 15,118 15,118 17,058
HMRC Conc-19 JRS
39,982
Sunderland
City Counci Grants and
19Grants
Covid- 10,248 10,248 49,114
Total public sector revenue grants 42,523 42,523 120,820
Total Donations, Grants and Legacies
Total Donations, Grants and
Legacies 42,523 120,820
24 Income from charitable activities - Trading Activities
Current year Cofmht year Current year Current year Current year Prior Year
Unrestricted Restricted Endowment TotslFunde Totaifunds
Funds Funds Funds
2023 2023 2023 2023 2S22
0 2 2
Primary purpose and ancglary trading
Son Play Area
Birlhday Par5es
112,655 112,555 69,672
17,329
User Grooups
and other room hire
Catering
20,024
123,629
20,024
123,629
22,145
55,547
Gym Income 18,449 tsr449 25,970
Football
10,302 10,302 16,889
Photo-copying
Income
327 327
Management
fees snd
charges received 3,740
Total Primary purpose
trading
and ancillary 310„580 319,580 211,446

25 Total Income fro m ch aritab le activi ties
Curmnf year Current ywrr
unrssmereu
Frrnrlu
2022f
Current
year
Resrncred
Funds
2022f
Current year
Enuuwmerlr
Funds
2023f
Current year
Total Funds
2023f
Pnor Year
Total Funds
2022f
Total income from charitable trading 319,580 319,560 211,446
Total from charitable activities A2 319,580 319500 211 446
26 Investment income
Current year
unresrrrsted
Current year
Restricted
Current year
Eneowmsnr
Current year
TutalFunds
Prier Year
TutalFunds
Funrls Funds Funds
2023
f
2023
f
2023
f
2023
f
2022
2
Bank Interest Receivable 1,535 1,535 31
Total investment income A4 1,535 1,535 31

Current year
unresrnstsd
Current Veer
Rmtricted
Current year
2naowment
Current year
Total Funds
Prior Year
Totslnunds
Current Year Funds Funds Funds
2023 2023 2023 2023 2022
f 2 2
Catering Supplies snd other direct 64,300 64,309 36,322
costs
Total charitable trading costs B2b 64,309 64,309 36,322

Curmnt
Year
Current year
ucrestnctes
Funds
Current year
aestncted
Funds
Current year
ehaowlllest
Funds
Current year
Tctsi Funds
Prior Veer
Total Funds
2023 2023 2023 2023 2022
Employee
costs notincludedin
direct s
costs
E s s
Salaries - Administrative
staff
Defined contribution
pension cost-
195,308 195,308 177,304
administrative
staff
2,643 2,286
Employers'
Nt - Administrative
Training
and welfare - staff
Payroll fees and charges
Uniform and PPE
staff 5,161
2,198
1,708
129
5,161
2,198
1,708
129
4,370
1,695
2,565
224
Premises Expenses
Rates and water charges
Light heat and power
Premises
repairs, renewals
and
maintenance
3,187
5,825
9,020
3,187
5,825
9,020
3,148
27,663
15,246
Property insurance 2,722 2,722 3,875
Administrative
overheads
Telephone,
fax and internet
Stationery and printing
Hire ofequipment
Sundry expenses
Subscdiptions
and licences
Secuirty Services
Transport Costs
2,059
4,096
1,347
161
664
1,524
281
2,059
4,096
1,347
161
664
1,524
261
1,589
2,556
1,285
1,751
505
1,242
349
Professional
fees paid to aih isors other than the auditor or examiner
Other legal and professional 1,083 1,083 35
Financial costs
Depreciation
8 Amortisation
in total
Bank interest payable
for 19,769
12
19,769
12
22,019
10
Support costs before reallocation 258,877 258,877 269,717
Total support costs -Current Year 258,877 258,877 269,717

Current year
unroslnclsa
Current year
noel rlclod
Current year
noel rlclod
Current year
auaowuonl
Current year
auaowuonl
Current year
Total Funds
Prior Yosr
TotslFusds
Current Year Funds Funds Funds
3033 3033 2033 2023 2032
E E E E 0
Independent
Examiner's fees
2,699 2,699 2,010
Total Governance costs 2,699 2,8SS 2,010
All the expenditure in the prior year was unrestricted.
30 Total Charitable expenditure
Current year
Uhloslrlolsu
current yosr
noslnolou
current yosr
Ensowmonl
Current your
TotslFunds
Prior Year
TSIOIFuods
Current Year Funds Funds Funds
2033 2033 2023 2023 2022
E E E 0
Total charitable
trading costs
Total support costs
Total Governance
costs
82b
82d
82e
64,309
258,877
2,699
64,309
258,877
2,800
30,322
260,717
2,010
Total chsraoulo expenditure 82 325,805 325885 308049
AEthe expenditure in the prior year was unrestricted.
Prior Year Prior Your Prior Year Prior Year
Unrosuuloo nwnnslou uhuowslohl TOISI Funds
Prior Year Funds Funds Funds
3023 3022 2033 3033
E E E
Total charitable
trading costs
Total support costs
Total Governance costs
82b
82d
82e
36,322
269,717
2,010
36,322
269,717
2,010
Total chariitable expenditure 82 308,040 308,049
31 Expenditure
on raising funds
and costs ofinvestment management
Project and event expenses
Total fundraising
costs
81 5,196
5,198
Af the expenditure
in the prior year was ucrsstrilcled.

Taxation
Current year
Unnlstrlcted
Funds
Current year
Reatneted
Funds
Cunant year
Endowment
Funds
Current year
Total Funds
Prior Year
TotalFunda
2023 2023
f
2023 2023 2022
Corporation tax 286 206
Total taxation costs 83c 286 286 6

Total ofother expenditure
Current Year Cunant year
unreatnotee
Funds
Current year
tteatnotes
Funds
Current year
Endowment
Funds
Current year
Total Funds
Prior Year
Total Funds
2023
0
2023
f
2023
f
2023
f
2022
f
Total taxation costs 286
Total other expenditure 83
286
286
All the expenditure
in the prior year was unrestricted.
Prior Year Prior Year
Unrestricted
Funds
Prior Year
Restricted
Funds
Prior Year
Endowment
Funds
Prior Year
TolalFunda
2022 2022 2022 2022
3
Total taxation costs
Total other expenditure 83