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Annual Report 2021
2
CONTENTS
-
Mission Statement
-
Chairs Report
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Activities Review
-
Partnerships
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Treasurers Report - Financial Summary
-
Financial Accounts
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OUR MISSION: Making Memories Matter
The Oral History Digital Learning Centre aims to bring together, safeguard and to share living memories or oral histories across the region. We aim to make this valuable asset accessible to everyone.
As an organisation that was founded in 1995 we pioneer to develop innovative, creative and the engaging use of oral histories. Through enabling the recording of personal memories we develop opportunities for voices to be heard, often marginalised by circumstances; provide an opportunity to develop new skills, access skilled training and participate in programmes that encouraging diverse and inclusive community engagements opportunities for all.
The organisation has developed a range of engagement tools that include reminiscence and intergenerational practice as well as innovative community engagement and representation.
“There are great therapeutic benefits or enhancement-of-life benefits to the narrators doing an oral history. Benefits are directly in proportion to how rigorous a historical effort it is, and therefore, the less "therapeutic" ..the goal, the more therapeutic the result will be.” W. Baum (Version: May 8, 2014)
Chairman's Report
Operationally Living History North East is still based at The Donnison School and we expect to move into our new offices at the Elephant Tea Rooms, Fawcett Street by January 2022. This is a very interesting time for the organisation as it finally moves its operations and develops new partnerships with Sunderland Local studies@ ETR. The rationalisation of operations and assets for LHNE will be critical in developing a stronger forward looking strategy for both strands of the organisation.
The organisation has maintained contact with its members throughout the pandemic and will be hoping to renew more face-to-face engagement in the new-year.
This year has also seen the start of the ‘Seascapes’ project headed by Durham Council which aims ‘To reveal and better manage the hidden heritage of our unique seascape and create opportunities for learning, access and enjoyment in order to support the stewardship of this special place for generations to come’. All of the 23 projects will contribute towards achieving this vision, with vital support and contributions by local communities, volunteers, and our partners.’
Moving forward we are looking to better partnership working and creating a new space for further development and increasing accessing to this unique collection.
Chairperson: Dr Susan Jane Jones
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A Review of Activities
Activities, projects and outreach
Living History North East [LHNE] is continuing to promote, support and develop the recording, documentation and Interpretation of oral histories within the northeast region. As an organisation we often work as the heritage specialist to support project delivery. The demand for our services and resources are based largely on our expertise in training, advice for oral history projects that look at the community impact of this work; with additional specialism’s in oral history and reminiscence and oral history and intergenerational practice; often funded by HLF, local authorities or private sector sponsors. The work we have been involved in as a “heritage partner” or advisor has often focused on the process of the project and less on the archive/research value of new oral history audio/video recordings. The last 12 months has been challenging for the organisation as work has been delayed and partnership working much more restricted. We have responded and adapted with the resources and expertise we have to maintain our vision and networks.
Working through unprecedented times...
Sunderland Heritage Trails
Sunderland Heritage Trails is a project developed by Living History North East, providing a digitised heritage trail that you can explore from home, taking you on a journey back into the past, and through the heritage of the City. The new website hosts a series of heritage guides starting with
Old Sunderland and highlighting the heritage of this historic area. Filled with images and lots of information, we will be adding personal memories and soundscapes.
The second guide will take a closer look at our stunning coastline and the Durham Heritage Coast. We can’t wait to develop this citywide resource and celebrate Sunderland’s heritage. We will be launching the new site today and we would love to hear what you think of it! Log on and take a look around.
www.sunderlandheritagetrails.com
Digital Book of Memories
Sunderland Voices Captured: Covid-19 Digital Memories The new website was created as an
opportunity to share experiences of what living through a pandemic has
meant for individuals and communities? This provided an opportunity to reflect and record lockdown challenges. https://www.sunderlandvoicescaptured.co.uk
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Isolation Diaries
A new programme of community engagement was started through the lockdown which encouraged and developed skills for people to write and share personal stories. This programme was led and supported by Dr Susan Jones, who was able to edit and bring personal memories together into a written piece of prose that could be published and shared with LHNE members. LHNE have published a number of newsletter throughout the pandemic with these personal experiences and will continue to do this and hope to share them through an online website.
Hearts and Mind Partnership
Living History North East continues to work in partnership throughout the pandemic with
Banyan Arts and The Stroke Association North
East to deliver online sessions with stroke survivors and their carers. The sessions offer an opportunity to share, listen and engage in creative arts and reminiscence workshops on a weekly basis. If you would like to listen to the experience of stroke survivors and how it affects them and their families – take a look at...
Stroke Association North East | Life After Stroke | Gateshead
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LIVING HISTORY NORTH EAST is looking forward to the next 4 years working on this exciting new partnership that will explore and discover the north east coast and marine heritage.
National Lottery funding is set to make waves in the North East of England with £2.78m awarded to Heritage Coast Partnership in the North East, for the first National Lottery Heritage Fund supporting a Marine Landscape Partnership.
The National Lottery Heritage Fund is showcasing its commitment to preserving coastal and marine heritage in the North of England by awarding £2.78m to the Tyne to Tees, Shores and Seas Partnership scheme – the only scheme of its kind to be supported by The Fund. The grant will allow an exciting and long-anticipated £5 million North East coastal project to begin, which will benefit communities in South Tyneside, Sunderland, Durham and Hartlepool over the next four years.
The project, more simply called SeaScapes , has taken three and a half years of detailed planning and preparation to arrive at this point and is now planned to begin later this year.
The SeaScapes scheme will deliver 23 projects – both on-shore and beneath the sea - from South Shields to Teesmouth over the next four years. Its partnership and community approach to
protecting and celebrating this fascinating stretch of coastline will be the first of its kind in the UK – the first Marine Landscape Partnership to be supported by The National Lottery Heritage Fund.
Focussing on the often-overlooked coast between South Shields and Seaton Carew, SeaScapes will offer opportunities for visitors from the local area and further afield to explore the heritage hidden beneath the waves, take part in ‘snorkel safaris,’ and allow them to enjoy being on and in the sea – all against the backdrop of dramatic cliff-top views and a rich shoreline that is home to a breeding colony of Little Terns, one of Britain’s rarest sea birds each May.
“The heritage of the Tyne to Tees seascape is locally and nationally significant and deserves to be better explored and celebrated. SeaScapes will do just that. The project is the result of a huge team effort and a lot of planning and we can’t wait to get started.” Naill Benson
SeaScapes is a collaboration of partners:
South Tyneside, Sunderland, Durham and Hartlepool Councils, the National Trust, Northumbrian Water, Durham Wildlife Trust, North East Inshore Fisheries and Conservation Authority, Natural England, Groundwork, Marine Management Organisation, the Environment Agency, East Durham Heritage Group, Living History North East, Heugh Battery and Durham, Sunderland and Newcastle Universities.
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Partnerships
Living History North East is also currently working to develop future oral history projects within Sunderland and the region. We are hoping to work with other BME organisations to increase local representation and community cohesion as well as those more marginalised by circumstances and disability. LHNE have been involved in representing the region at The North East Oral History network events. In addition the appointment by Newcastle University of a Professor of Oral History brings scope for new regionally opportunities.
The Donnison School Heritage, Education and Community Hub
A significant part of LHNE activity involves community engagement primarily but not exclusively delivered at the Donnison School Heritage and Education Centre. This work has involved Heritage Open Days, the weekly 'Crafty Moments' sessions, Tec clinic, Community Choir cream teas, night time events and a range of other community open days and fairs, community day trips and community lectures. This year saw the delivery of online craft session, online lectures. Much of the onsite engagement was reduced due to the pandemic.
Treasurers Report
FINANCIAL REVIEW
Living History North East is funded by donations, grants and a variety of generated funds from activities. The total income for the year was £67,948 (2020: 46,649) this income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice (SORP). The Balance Sheet at 31 March 2021 shows total funds carried forward of £489,520 (2018: £481.931 ) of which fixed assets were £481, 718. Reserves policy.
Living History (North East) Ltd has maintained a small level of free reserves over the years currently there are £nil free reserves to meet the working capital requirements of the charity in the event of a significant drop in funding. It has established a policy whereby the free unrestricted funds held by the charity should be between 3 and 6 months of annual expenditure. The present level of reserves falls significantly short of this target level. The trustees’ strategy is to build reserves through planned operating surpluses.
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Account Summary
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Full Accounts available as an additional document.
REPORT AND FINANCIAL STATEMENTS
For the year ended 31 March 2021
LIVING HISTORY (NORTH EAST) LTD (A company limited by guarantee)
Charity number 1100755 Company number 04696986
:. LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee) For the year ended 31 March 2021
The trustees are pleased to present their annual directors' report together with the financial statements of the charity for the year ended 31 March 2021 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 1 January 2015)
OUR MISSION: Making Memories Matter
To bring together, to safeguard and then to share living memories and to make this valuable cultural heritage asset accessible. We support the innovative use of oral history, personal testimonies, skill development and training to develop inspired community engagement for the benefit of the people of the city and the region.
"There are great therapeutic benefits or enhancement-of-life benefits to the narrators doing an oral
. history. Benefits are directly in proportion to how rigorous a historical effort it is, and therefore, the less "therapeutic" the goal, the more therapeutic the result will be.
"W. Baum”
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LIVING HISTORY (NORTH EAST) LTD (A company limited by guarantee) For the year ended 31 March 2021
Treasurers
Report
Financial
Review
Living History (North East) Ltd is funded by donations grants and a variety of generated funds from activities. The total income for the year was £67,948 (2020: £46,648) this income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice (SORP). The Balance Sheet at 31 March 2020 shows total funds carried forward of £494,794 (2020: £489,520) of which fixed assets were £481,931 (2019: £481,931)
Reserves policy
Living History (North East) Ltd has maintained a small level of free reserves over the years currently there are £nil free reserves to meet the working capital requirements of the charity in the event of a significant drop in funding. It has established a policy whereby the free unrestricted funds held by the charity should be between 3 and 6 months of annual expenditure. The present level of reserves falls significantly short of this target level. The trustees' strategy is to build reserves through planned operating surpluses.
Reference and Administrative Details
Charity Name Living History (North East) Ltd Registered 1100755 Charity Number Company Number 04696986 Registered Office Church Walk and operational Sunderland address Tyne and Wear SR1 2BN
Trustees NE32 5HS Dr Susan Jones Mrs. Constance Mary Bulmer Mrs. Pauline Hilton Mr. Raymond Hall Davison Miss Sharon Vincent Mr. Alan Cummings Company Mrs. Janette Hilton Secretary Julie Maxwell MICB Independe JM Book keeping nt 11 Edith Street, Jarrow Examiner
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LIVING HISTORY (NORTH EAST) LTD
(
C
(A company limited by guarantee)
h
ir) Treasurer
a
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For the year ended 31 March 2021
Structure, Governance and Management
Governing documents
The organisation is a charitable company limited by guarantee, incorporated on the 10 March 2003 and amended by special resolution to allow for current governance on 7 October 2003, 30 October 2006 and 12 April 2007. '
Appointment of Trustees
The directors of the company are also charity trustees for the purpose of charity law and under the company's Articles are known as members of the Council of Management. The council is made up of volunteers who are all members of the company elected by the membership at Annual General Meeting and serve for a period of three years retiring by rotation. A retiring trustee is eligible for re election. The council may from time to time and at any time appoint any member of the company as a member of the Council, either to fill a casual vacancy or by way of addition to the Council, provided that the prescribed maximum be not thereby exceeded. Any member so appointed shall retain his office only until the next Annual General Meeting, but he shall then be eligible for re-election. No person who is not a member of the company shall in any circumstances be eligible to hold office as a member of the Council. The Council is referred to familiarly as the Management Committee.
Induction and training of trustees
New trustees undergo an orientation day to brief them on their obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making process, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees; they are provided with a comprehensive pack containing all the information covered during induction. All trustees are encouraged to attend appropriate external training events where these facilitate the undertaking of their role.
Organisation
The Council of Management administers the charity and meets monthly. A project director is appointed by the trustees to manage day to day operations of the charity. To facilitate effective operations the project director has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and project related activity.
Risk management
The Trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
Public Benefit Statement
The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users.
For the year ended 31 March 2021
Trustees' Responsibilities in Relation to the Financial Statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the Trustees on:
and signed on their behalf by: Dr Susan Jane Jones
Chair
LIVING HISTORY (NORTH EAST)
- (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
- For the year ended 31 March 2021
I report on the financial statements of Living History (North East) Ltd for the year ended 31 March 2021, which are set out on pages 10-18
Respective responsibilities of trustees and examiner
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the Association of Charity Independent Examiners.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
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to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
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the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination: or
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the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
,
Julie Maxwell MICB
11 Edith Street, Jarrow, Tyne and Wear
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: (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT) For the year ended 31 March 2021
| 2020 2021 2020 2021 2020 2021 |
2019 2020 |
||
|---|---|---|---|
| Income from: notes |
AMOUNT (£) AMOUNT (£) TOTAL (£) |
(£) | |
| Unrestricted Funds Restricted Funds |
|||
| Voluntary Income 6 |
24,257 24,257 |
730 | |
| Generated Income: 7 |
|||
| Grants and Contracts | 21,824 21,824 |
0 | |
| Other Income | 2,469 2,469 |
36,413 | |
| Other Trading Activities 8 |
19,398 19,398 |
9,506 | |
| Investments 9 |
0 0 |
0 | |
| Total Income | 67,948 0 67,948 |
46,649 | |
| Expenditure on: | |||
| Raising Funds 10 |
1,027 1,027 |
2,032 | |
| Charitable Activities: | 0 | ||
| Operation of the Charity 11 |
61,861 61,861 |
39,053 | |
| Total Expenditure | 62,887 0 62,887 |
41,085 | |
| Net Income(expenditure) and net movement of funds |
5,061 0 5,061 |
5,563 | |
| Reconciliation of Funds | |||
| Total funds brought forward | 489,520 489,520 |
483,957 | |
| Total funds carried forward | 494,581 0 494,581 |
489,52 0 |
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 12 to 18 form an integral part of these accounts.
(A company limited by guarantee)
Charity Number 1100755 Company Number 04696986
BALANCE SHEET
As at 31 March 2021
| Total | Total | ||||
|---|---|---|---|---|---|
| 2020 2021 | 2019 2020 |
||||
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets 1 7 |
481,718 | 481,93 1 |
|||
| Total Fixed Assets | 481,718 | 481,93 1 |
|||
| Current Assets | |||||
| Debtors 1 8 |
0 | ||||
| Cash at bank and in hand 1 9 |
15,818 | 7,939 | |||
| Total Current Assets | 15,818 | 7,939 | |||
| Creditors: | |||||
| Amount falling due within oneyear 2 0 |
-2,955 | -350 | |||
| Net Current Assets | 12,863 | 7,589 | |||
| Current Assets less | 494,581 | 489,52 0 |
|||
| Current Liabilities | |||||
| Net Assets | 494,581 | 489,52 0 |
|||
| Represented by: | |||||
| Unrestricted Income Funds | 494,581 | 489,52 0 |
|||
| Restricted Income Funds | |||||
| Total Funds | 494,581 | 489,52 0 |
The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the
small companies’ regime and in accordance with FRS102
SORP. The notes on pages 12 to 20 form an integral part of
these accounts.
These financial statements were approved by the Board on:
and are signed on its behalf by: Pauline Hilton
22/12/2021
Treasurer
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2021
LIVING HISTORY (NORTH EAST)
- (A company limited by guarantee)
Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
2 Basis of accounting
2.1 Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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 1 January 2015) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Living History (North East) Ltd meets the definition of a public benefit entity under FRS 102.
2.2 Preparation of the accounts on a going concern basis
The charity reported total unrestricted funds at the year end of £2,026 and has already secured funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.
3 Income
3.1 Recognition of income
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
3.2 Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
3.3Grants and donations
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
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For the year ended 31 March 2021
LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee)
3.4Donated goods and services
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.
3.5 Volunteer help
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
3.6Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
3.7 Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in donations and legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
3.8 Investment gains and losses
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
3.9Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
4 Expenditure and liabilities
4.1 Liability recognition
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
4.2Charitable activities
Expenditure on charitable activities includes the costs of oral history projects and other activities undertaken to further the purposes of the charity and their associated support costs.
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For the year ended 31 March 2021
4.3Governance and support costs
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
4.4 Irrecoverable VAT
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
4.5Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
4.6Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
5 Assets
5.1 Tangible fixed assets for use by the charity
Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Property Fixtures, fittings and equipment
Straight line over life of lease Straight line over four years
LIVING HISTORY (NORTH EAST)
- (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2021
| Analysis of Income | Unrestrict ed Funds Restrict ed Funds Total 2021 Total 2020 |
|
|---|---|---|
| £ £ £ £ |
||
| 6 | Voluntary Income | 0 0 |
| City of Sunderland General Leasing |
22,638 | |
| Membership Fees | 454 454 292 |
|
| Fundraising Activities | 365 365 102 |
|
| General Donations | 800 800 335 |
|
| 24,257 0 1,619 729 |
||
| 7 | Charitable Activities | |
| Income from Grants and Contracts |
||
| Heritage Fund | 20,400 20,400 0 |
|
| Awards For All | 0 0 0 |
|
| SIB | 0 0 0 |
|
| Other | 1,424 1,424 0 |
|
| Other Income | ||
| Generated Income (External projects) |
2,469 2,469 24,533 |
|
| Generated Income (Internal projects) |
0 0 0 |
|
| Other Income | 0 0 11,880 |
|
| 24,293 0 24,293 36,413 |
||
| 8 | Other Trading Activities | |
| Room Hire / Bookings | 188 188 3,379 |
|
| Services | 17,273 17,273 0 |
|
| Book Sales | 158 158 788 |
|
| Other | 1,779 1,779 5,339 |
|
| 19,398 0 19,398 9,506 |
||
| 9 | Investment income | |
| Bank Interest | 0 | |
| 0 0 0 0 |
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LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee)
For the year ended 31 March 2021
| Analysis of expenditure on charitable activities |
Analysis of expenditure on charitable activities |
Unrestricted Funds Restrict ed Funds Total 2021 Total 2020 |
|---|---|---|
| £ £ £ £ |
||
| 1 0 |
Raising Funds | |
| Merchandising/advertising | 684 684 1,515 |
|
| Fundraising and Function Costs | 143 143 152 |
|
| Events and FODS | 200 200 138 |
|
| Misc. | 0 0 227 |
|
| 1,027 0 1,027 2,032 |
||
| 1 1 |
Charitable Activities | |
| Direct Costs | ||
| Salaries and project fees | 7,000 7,000 497 |
|
| Travel and volunteer expenses | 1,701 1,701 0 |
|
| Project expenses | 2,378 2,378 904 |
|
| Project resources | 4,062 4,062 1,250 |
|
| other project costs | 1,239 1,239 535 |
|
| project training | 0 0 0 |
|
| Other/Ofsite ofce | 0 0 5,661 |
|
| Support Costs | ||
Salaries |
16,940 16,940 12,960 |
|
| General volunteer expenses | 153 153 68 |
|
| Premises cost and insurance | 13,662 13,662 7,137 |
|
| Utilities | 2,982 2,982 1,084 |
|
| Garden/building maintenance | 30 30 3,044 |
|
| Ofce Costs | 3,054 3,054 264 |
|
Ofce Equipment purchase/maintenance |
7,450 7,450 2,918 |
|
| Subscriptions/conference fees | 12 12 64 |
|
| bank charges | 14 14 926 |
|
| Travel/ Meetings Costs | 0 0 1,598 |
|
| Depreciation | 213 0 153 |
|
| Training | 277 277 187 |
|
| Sundries | 344 344 1,982 |
|
| Governance Costs | ||
| Independent examiners fees | 350 350 350 |
|
| Bookkeeping fees | 0 0 0 |
|
| Trustees’ meetings and travel costs | 0 0 657 |
|
| Total Charitable Activities | 61,861 0 46,29 4 41,08 5 |
|
| Total Expenditure | 62,887 0 47,32 1 43,11 7 |
1
LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee)
For the year ended 31 March 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 12 | Fees for examination of the accounts | £ | £ | ||
| Independent fees for reporting on the | |||||
| accounts | 350 | 350 | |||
| 350 | 350 | ||||
| Analysis of Staf Costs and the cost of | |||||
| 13 | key | 2021 | 2020 | ||
| managementpersonnel | £ | £ | |||
| Salaries and Wages | 23,940 | 13457 | |||
| 23,94 | |||||
| 0 | 13457 | ||||
| No employees received renumeration above | £60,000 |
| 23,94 0 13457 No employees received renumeration above £60,000 |
23,94 0 13457 No employees received renumeration above £60,000 |
23,94 0 13457 No employees received renumeration above £60,000 |
|
|---|---|---|---|
| 14 | Staf Numbers The average monthly head count was 1 staf (2017: 3staf) and the average monthly |
||
| number of | |||
| full-time equivalent employees during the year were | |||
| as follows | |||
| The parts of the charity in which the | |||
| employees work | 2021 | 2020 | |
| Numb | Numb | ||
| er | er | ||
| Charitable activities | 0.5 | 0.5 | |
| 0.5 | 0.5 |
15 Transactions with trustees None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or related charity
Trustees Expenses
no trustees’ expenses have been incurred in the year (2018 £nil)
Transaction(s) with related parties
There have been no related party transactions in the reporting period
16 Corporation Taxation The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988
or section 252 of the Taxation of Chargeable gains Act 1992 to the extent that these are applied to its charitable objectives
1
For the year ended 31 March 2021
| Freehold | Fixtures, Fittings |
|
|---|---|---|
| land and buildings |
and Equipment Total |
|
| 17 Tangible fxed assets |
£ | £ £ |
| Cost | ||
| Balance brought forward | 481,718 | 61,320 543,038 |
| Additions | ||
| Disposals | ||
| Balance carried forward | 481,718 | 61,320 543,038 |
| Depreciation | ||
| Basis | SL | |
| Rate | 25% | |
| Balance brought forward | 213 | |
| Deprecation charge for year | 213 | |
| Disposals | ||
| Balance carried forward | 0 | 0 0 |
| Net Book Value | ||
| Brought Forward | 481,718 | 0 481,718 |
| Carried Forward | 481,718 | 0 481,718 |
| 18 Debtors and prepayments receivable within 1 year) |
2021 | 2020 |
| £ | £ | |
| Trade Debtors | 0 | 0 |
| 0 | 0 | |
| 19 Cash at bank and in hand |
2021 | 2020 |
| £ | £ | |
| Cash at bank | 15,818 | 7,939 |
| Cash in hand | 0 | |
| 15,818 | 7,939 | |
| 20 Creditors and accruals (payable in 1 year) |
2021 | 2020 |
| £ | £ | |
| Trade Creditors | ||
| Accruals | ||
| Independent examination of accounts |
2,955 | 350 |
| Other Creditors | ||
| 2,955 | 350 |
REPORT AND FINANCIAL STATEMENTS
For the year ended 31 March 2021
LIVING HISTORY (NORTH EAST) LTD (A company limited by guarantee)
Charity number 1100755 Company number 04696986
:. LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee) For the year ended 31 March 2021
The trustees are pleased to present their annual directors' report together with the financial statements of the charity for the year ended 31 March 2021 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 1 January 2015)
OUR MISSION: Making Memories Matter
To bring together, to safeguard and then to share living memories and to make this valuable cultural heritage asset accessible. We support the innovative use of oral history, personal testimonies, skill development and training to develop inspired community engagement for the benefit of the people of the city and the region.
"There are great therapeutic benefits or enhancement-of-life benefits to the narrators doing an oral
. history. Benefits are directly in proportion to how rigorous a historical effort it is, and therefore, the less "therapeutic" the goal, the more therapeutic the result will be.
"W. Baum”
5
LIVING HISTORY (NORTH EAST) LTD (A company limited by guarantee) For the year ended 31 March 2021
Treasurers
Report
Financial
Review
Living History (North East) Ltd is funded by donations grants and a variety of generated funds from activities. The total income for the year was £67,948 (2020: £46,648) this income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice (SORP). The Balance Sheet at 31 March 2020 shows total funds carried forward of £494,794 (2020: £489,520) of which fixed assets were £481,931 (2019: £481,931)
Reserves policy
Living History (North East) Ltd has maintained a small level of free reserves over the years currently there are £nil free reserves to meet the working capital requirements of the charity in the event of a significant drop in funding. It has established a policy whereby the free unrestricted funds held by the charity should be between 3 and 6 months of annual expenditure. The present level of reserves falls significantly short of this target level. The trustees' strategy is to build reserves through planned operating surpluses.
Reference and Administrative Details
Charity Name Living History (North East) Ltd Registered 1100755 Charity Number Company Number 04696986 Registered Office Church Walk and operational Sunderland address Tyne and Wear SR1 2BN
Trustees NE32 5HS Dr Susan Jones Mrs. Constance Mary Bulmer Mrs. Pauline Hilton Mr. Raymond Hall Davison Miss Sharon Vincent Mr. Alan Cummings Company Mrs. Janette Hilton Secretary Julie Maxwell MICB Independe JM Book keeping nt 11 Edith Street, Jarrow Examiner
6
LIVING HISTORY (NORTH EAST) LTD
(
C
(A company limited by guarantee)
h
ir) Treasurer
a
7
For the year ended 31 March 2021
Structure, Governance and Management
Governing documents
The organisation is a charitable company limited by guarantee, incorporated on the 10 March 2003 and amended by special resolution to allow for current governance on 7 October 2003, 30 October 2006 and 12 April 2007. '
Appointment of Trustees
The directors of the company are also charity trustees for the purpose of charity law and under the company's Articles are known as members of the Council of Management. The council is made up of volunteers who are all members of the company elected by the membership at Annual General Meeting and serve for a period of three years retiring by rotation. A retiring trustee is eligible for re election. The council may from time to time and at any time appoint any member of the company as a member of the Council, either to fill a casual vacancy or by way of addition to the Council, provided that the prescribed maximum be not thereby exceeded. Any member so appointed shall retain his office only until the next Annual General Meeting, but he shall then be eligible for re-election. No person who is not a member of the company shall in any circumstances be eligible to hold office as a member of the Council. The Council is referred to familiarly as the Management Committee.
Induction and training of trustees
New trustees undergo an orientation day to brief them on their obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making process, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees; they are provided with a comprehensive pack containing all the information covered during induction. All trustees are encouraged to attend appropriate external training events where these facilitate the undertaking of their role.
Organisation
The Council of Management administers the charity and meets monthly. A project director is appointed by the trustees to manage day to day operations of the charity. To facilitate effective operations the project director has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and project related activity.
Risk management
The Trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
Public Benefit Statement
The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users.
For the year ended 31 March 2021
Trustees' Responsibilities in Relation to the Financial Statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the Trustees on:
and signed on their behalf by: Dr Susan Jane Jones
Chair
LIVING HISTORY (NORTH EAST)
- (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
- For the year ended 31 March 2021
I report on the financial statements of Living History (North East) Ltd for the year ended 31 March 2021, which are set out on pages 10-18
Respective responsibilities of trustees and examiner
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the Association of Charity Independent Examiners.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
-
the accounts do not accord with such records; or
-
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination: or
-
the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
,
Julie Maxwell MICB
11 Edith Street, Jarrow, Tyne and Wear
9
: (A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT) For the year ended 31 March 2021
| 2020 2021 2020 2021 2020 2021 |
2019 2020 |
||
|---|---|---|---|
| Income from: notes |
AMOUNT (£) AMOUNT (£) TOTAL (£) |
(£) | |
| Unrestricted Funds Restricted Funds |
|||
| Voluntary Income 6 |
24,257 24,257 |
730 | |
| Generated Income: 7 |
|||
| Grants and Contracts | 21,824 21,824 |
0 | |
| Other Income | 2,469 2,469 |
36,413 | |
| Other Trading Activities 8 |
19,398 19,398 |
9,506 | |
| Investments 9 |
0 0 |
0 | |
| Total Income | 67,948 0 67,948 |
46,649 | |
| Expenditure on: | |||
| Raising Funds 10 |
1,027 1,027 |
2,032 | |
| Charitable Activities: | 0 | ||
| Operation of the Charity 11 |
61,861 61,861 |
39,053 | |
| Total Expenditure | 62,887 0 62,887 |
41,085 | |
| Net Income(expenditure) and net movement of funds |
5,061 0 5,061 |
5,563 | |
| Reconciliation of Funds | |||
| Total funds brought forward | 489,520 489,520 |
483,957 | |
| Total funds carried forward | 494,581 0 494,581 |
489,52 0 |
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 12 to 18 form an integral part of these accounts.
(A company limited by guarantee)
Charity Number 1100755 Company Number 04696986
BALANCE SHEET
As at 31 March 2021
| Total | Total | ||||
|---|---|---|---|---|---|
| 2020 2021 | 2019 2020 |
||||
| £ | £ | £ | £ | ||
| Fixed Assets | |||||
| Tangible Assets 1 7 |
481,718 | 481,93 1 |
|||
| Total Fixed Assets | 481,718 | 481,93 1 |
|||
| Current Assets | |||||
| Debtors 1 8 |
0 | ||||
| Cash at bank and in hand 1 9 |
15,818 | 7,939 | |||
| Total Current Assets | 15,818 | 7,939 | |||
| Creditors: | |||||
| Amount falling due within oneyear 2 0 |
-2,955 | -350 | |||
| Net Current Assets | 12,863 | 7,589 | |||
| Current Assets less | 494,581 | 489,52 0 |
|||
| Current Liabilities | |||||
| Net Assets | 494,581 | 489,52 0 |
|||
| Represented by: | |||||
| Unrestricted Income Funds | 494,581 | 489,52 0 |
|||
| Restricted Income Funds | |||||
| Total Funds | 494,581 | 489,52 0 |
The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the
small companies’ regime and in accordance with FRS102
SORP. The notes on pages 12 to 20 form an integral part of
these accounts.
These financial statements were approved by the Board on:
and are signed on its behalf by: Pauline Hilton
22/12/2021
Treasurer
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2021
LIVING HISTORY (NORTH EAST)
- (A company limited by guarantee)
Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
2 Basis of accounting
2.1 Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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 1 January 2015) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Living History (North East) Ltd meets the definition of a public benefit entity under FRS 102.
2.2 Preparation of the accounts on a going concern basis
The charity reported total unrestricted funds at the year end of £2,026 and has already secured funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.
3 Income
3.1 Recognition of income
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
3.2 Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
3.3Grants and donations
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
1
For the year ended 31 March 2021
LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee)
3.4Donated goods and services
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.
3.5 Volunteer help
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
3.6Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
3.7 Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in donations and legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.
3.8 Investment gains and losses
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
3.9Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
4 Expenditure and liabilities
4.1 Liability recognition
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
4.2Charitable activities
Expenditure on charitable activities includes the costs of oral history projects and other activities undertaken to further the purposes of the charity and their associated support costs.
1
For the year ended 31 March 2021
4.3Governance and support costs
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
4.4 Irrecoverable VAT
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
4.5Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
4.6Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
5 Assets
5.1 Tangible fixed assets for use by the charity
Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Property Fixtures, fittings and equipment
Straight line over life of lease Straight line over four years
LIVING HISTORY (NORTH EAST)
- (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2021
| Analysis of Income | Unrestrict ed Funds Restrict ed Funds Total 2021 Total 2020 |
|
|---|---|---|
| £ £ £ £ |
||
| 6 | Voluntary Income | 0 0 |
| City of Sunderland General Leasing |
22,638 | |
| Membership Fees | 454 454 292 |
|
| Fundraising Activities | 365 365 102 |
|
| General Donations | 800 800 335 |
|
| 24,257 0 1,619 729 |
||
| 7 | Charitable Activities | |
| Income from Grants and Contracts |
||
| Heritage Fund | 20,400 20,400 0 |
|
| Awards For All | 0 0 0 |
|
| SIB | 0 0 0 |
|
| Other | 1,424 1,424 0 |
|
| Other Income | ||
| Generated Income (External projects) |
2,469 2,469 24,533 |
|
| Generated Income (Internal projects) |
0 0 0 |
|
| Other Income | 0 0 11,880 |
|
| 24,293 0 24,293 36,413 |
||
| 8 | Other Trading Activities | |
| Room Hire / Bookings | 188 188 3,379 |
|
| Services | 17,273 17,273 0 |
|
| Book Sales | 158 158 788 |
|
| Other | 1,779 1,779 5,339 |
|
| 19,398 0 19,398 9,506 |
||
| 9 | Investment income | |
| Bank Interest | 0 | |
| 0 0 0 0 |
1
LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee)
For the year ended 31 March 2021
| Analysis of expenditure on charitable activities |
Analysis of expenditure on charitable activities |
Unrestricted Funds Restrict ed Funds Total 2021 Total 2020 |
|---|---|---|
| £ £ £ £ |
||
| 1 0 |
Raising Funds | |
| Merchandising/advertising | 684 684 1,515 |
|
| Fundraising and Function Costs | 143 143 152 |
|
| Events and FODS | 200 200 138 |
|
| Misc. | 0 0 227 |
|
| 1,027 0 1,027 2,032 |
||
| 1 1 |
Charitable Activities | |
| Direct Costs | ||
| Salaries and project fees | 7,000 7,000 497 |
|
| Travel and volunteer expenses | 1,701 1,701 0 |
|
| Project expenses | 2,378 2,378 904 |
|
| Project resources | 4,062 4,062 1,250 |
|
| other project costs | 1,239 1,239 535 |
|
| project training | 0 0 0 |
|
| Other/Ofsite ofce | 0 0 5,661 |
|
| Support Costs | ||
Salaries |
16,940 16,940 12,960 |
|
| General volunteer expenses | 153 153 68 |
|
| Premises cost and insurance | 13,662 13,662 7,137 |
|
| Utilities | 2,982 2,982 1,084 |
|
| Garden/building maintenance | 30 30 3,044 |
|
| Ofce Costs | 3,054 3,054 264 |
|
Ofce Equipment purchase/maintenance |
7,450 7,450 2,918 |
|
| Subscriptions/conference fees | 12 12 64 |
|
| bank charges | 14 14 926 |
|
| Travel/ Meetings Costs | 0 0 1,598 |
|
| Depreciation | 213 0 153 |
|
| Training | 277 277 187 |
|
| Sundries | 344 344 1,982 |
|
| Governance Costs | ||
| Independent examiners fees | 350 350 350 |
|
| Bookkeeping fees | 0 0 0 |
|
| Trustees’ meetings and travel costs | 0 0 657 |
|
| Total Charitable Activities | 61,861 0 46,29 4 41,08 5 |
|
| Total Expenditure | 62,887 0 47,32 1 43,11 7 |
1
LIVING HISTORY (NORTH EAST) LTD
(A company limited by guarantee)
For the year ended 31 March 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 12 | Fees for examination of the accounts | £ | £ | ||
| Independent fees for reporting on the | |||||
| accounts | 350 | 350 | |||
| 350 | 350 | ||||
| Analysis of Staf Costs and the cost of | |||||
| 13 | key | 2021 | 2020 | ||
| managementpersonnel | £ | £ | |||
| Salaries and Wages | 23,940 | 13457 | |||
| 23,94 | |||||
| 0 | 13457 | ||||
| No employees received renumeration above | £60,000 |
| 23,94 0 13457 No employees received renumeration above £60,000 |
23,94 0 13457 No employees received renumeration above £60,000 |
23,94 0 13457 No employees received renumeration above £60,000 |
|
|---|---|---|---|
| 14 | Staf Numbers The average monthly head count was 1 staf (2017: 3staf) and the average monthly |
||
| number of | |||
| full-time equivalent employees during the year were | |||
| as follows | |||
| The parts of the charity in which the | |||
| employees work | 2021 | 2020 | |
| Numb | Numb | ||
| er | er | ||
| Charitable activities | 0.5 | 0.5 | |
| 0.5 | 0.5 |
15 Transactions with trustees None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or related charity
Trustees Expenses
no trustees’ expenses have been incurred in the year (2018 £nil)
Transaction(s) with related parties
There have been no related party transactions in the reporting period
16 Corporation Taxation The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988
or section 252 of the Taxation of Chargeable gains Act 1992 to the extent that these are applied to its charitable objectives
1
For the year ended 31 March 2021
| Freehold | Fixtures, Fittings |
|
|---|---|---|
| land and buildings |
and Equipment Total |
|
| 17 Tangible fxed assets |
£ | £ £ |
| Cost | ||
| Balance brought forward | 481,718 | 61,320 543,038 |
| Additions | ||
| Disposals | ||
| Balance carried forward | 481,718 | 61,320 543,038 |
| Depreciation | ||
| Basis | SL | |
| Rate | 25% | |
| Balance brought forward | 213 | |
| Deprecation charge for year | 213 | |
| Disposals | ||
| Balance carried forward | 0 | 0 0 |
| Net Book Value | ||
| Brought Forward | 481,718 | 0 481,718 |
| Carried Forward | 481,718 | 0 481,718 |
| 18 Debtors and prepayments receivable within 1 year) |
2021 | 2020 |
| £ | £ | |
| Trade Debtors | 0 | 0 |
| 0 | 0 | |
| 19 Cash at bank and in hand |
2021 | 2020 |
| £ | £ | |
| Cash at bank | 15,818 | 7,939 |
| Cash in hand | 0 | |
| 15,818 | 7,939 | |
| 20 Creditors and accruals (payable in 1 year) |
2021 | 2020 |
| £ | £ | |
| Trade Creditors | ||
| Accruals | ||
| Independent examination of accounts |
2,955 | 350 |
| Other Creditors | ||
| 2,955 | 350 |