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|Trustees||||K M Marshall||
|---|---|---|---|---|---|
|||||N Tullock||
|||||J K Golightly||
|||||E C Vasey||
|||||TCAdams||
|||||M Mason||
|||||M F Bagnall||
|||||D Hesselberth||
|||||H Blair||
|||||P Stout||
|Charity|number|||1101799||
|Company||number||4838559||
|Registered|||office|21 Liddell Terrace||
|||||Bensham||
|||||Gateshead||
|||||Tyne and Wear||
|||||NE8 1YN||
|Independent|||examiner|Haines Watts||
|||||17Queens Lane||
|||||Newcastle
Upon Tyne||
|||||NE1 1RN||
|Bankers||||Co-operative|Bank|
|||||PO Box250||
|||||Delf House||
|||||Southway||
|||||Skelmersdale||
|||||WN8 6WT||
|Solicitors||||Muckle LLP||
|||||Time Central||
|||||32 Gallowgate||
|||||Newcastle
Upon Tyne||
|||||NE1 4BF||
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|---|---|---|---|
|Trustees'
report||||
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Statement
ofcash flows|||16|
|Notes to the financial|statements||17-29|
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|Current financial year|Current financial year||||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|||
|||||general|designated||||
||||Notes|2021
E|2021|2021f|2021|2020|
|Income from:|||||||||
|Donations
and|legacies|||24,833|||24,833||
|Charitable
activities||||49,256||518,679|567,935|657,718|
|Other trading
activities||||112|||112|260|
|Investments||||2,678|||2,678|3,308|
|Total income||||76,879||518,679|595,558|661,286|
|Ex enditure on:|||||||||
|Charitable
activities||||59,995||494,106|554,101|637,450|
|Net incoming|resources|before|||||||
|transfers||||16,884||24,573|41,457|23,836|
|Gross transfers|between|funds||2,576|3,819|(6,395)|||
|Net income for the year/|||||||||
|Net movement|in funds|||19,460|3,819|18,178|41,457|23,836|
||||||||I||
|Fund balances|at 1 April|2020||146,554|56,563|172,275|375,392|351,556|
|Fund balances|at 31 March 2021|||166,014|60,382|190,453|416,849|375,392|
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|Prior financial|year|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Restricted|Total|
|||||funds|funds|funds||
|||||general|designated|||
|||||2020|2020|2020|2020|
||||Notes|||E||
|Income from:||||||||
|Charitable
activities||||152,432||505,286|657,718|
|Other trading
activities||||260|||260|
|Investments||||3,308|||3,308|
|Total income||||156,000||505,286|661,286|
|Ex enditure on:||||||||
|Charitable
activities||||147,574||489,876|637,450|
|Net incoming|resources|before transfers||8,426||15,410|23,836|
|Gross transfers|between|funds||23,263|(22,731)|(532)||
|Net income for the year/||||||||
|Net movement|in funds|||31,689|(22,731)|14,878|23,836|
|Fund balances|at 1 April|2019||114,865|79,294|157,397|351,556|
|Fund balances|at 31 March 2020|||146,554|56,563|172,275|375,392|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|E||E||
|Fixed assets|||||||||
|Tangible assets||||||5,298||12,695|
|Current assets|||||||||
|Debtors||||12|53,790||52,162||
|Investments|||||166,662||170,570||
|Cash at bank and|in|hand|||222,635||168,226||
||||||443,087||390,958||
|Creditors: amounts||falling due within|||||||
|one year||||13|(31,536)||(28,261)||
|Net current assets||||||411,551||362,697|
|Total assets less|current||liabilities|||416,849||375,392|
|Income funds|||||||||
|Restricted funds||||||190,453||172,275|
|Unrestricted
funds|||||||||
|Designated
funds||||17|60,382||56,563||
|General
unrestricted||funds|||166,014||146,554||
|||||||226,396||203,117|
|||||||416,849||375,392|
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|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes||||f||
|Cash flows from operating|||activities|||||||
|Cash generated
from/(absorbed
by)||||21||||||
|operations|||||||47,823||(12,187)|
|Investing
activities||||||||||
|Purchase oftangible|fixed|assets||||||(1,023)||
|Investment
income|received||||2,678|||3,308||
|Net cash generated|from|investing||||||||
|activities|||||||2,678||2,285|
|Net cash used
in financing|||activities|||||||
|Net increase/(decrease)||in|cash and|cash||||||
|equivalents|||||||50,501||(9,902)|
|Cash and cash equivalents|||at beginning|ofyear|||338,796||348,698|
|Cash and cash equivalents|||at end of|year|||389,297||338,796|
|Relating to:||||||||||
|Cash at bank and
in|hand||||||222,635||168,226|
|Short term deposits|included||in current|||||||
|asset investments|||||||166,662||170,570|
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|||Total|Total|
|---|---|---|---|
|||2021|2020|
|||f||
|Government|grants|24,833||
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Performance
related grants|||||||567,935|657,718|
|Analysis
by fund|||||||||
|Unrestricted
funds - general|||||||49,256|152,432|
|Restricted funds|||||||518,679|505,286|
||||||||567,935|657,718|
|Performance
related grants|||||||||
|National
Lottery Community|Fund - Youth Investment||||Fund||1,799|176,298|
|Virgin Money Foundation
-¹iwill Take||Action Fund||||||50,427|
|National
Lottery Community|Fund - Reaching
Communities||||||51,230|97,883|
|Co-op Foundation
-¹iwill Fund - Big Days||||||||35,000|
|Co-op Foundation
Building Connections|||Fund: Half A||World Away||31,260|38,740|
|Heritage
Lottery Fund
—City|Roots|||||||20,000|
|Thirteen||||||||18,500|
|Co-op Foundation
Building Connections|||Fund: National|||Resources|66,667|66,667|
|Co-op Foundation
-¹iwill Community||Spaces Fund|||||33,597|34,978|
|National
Youth Agency|||||||32,350|26,100|
|National
Lottery Community|Fund - North East Youth||||Alliance||192,484||
|Youth Endowment
Fund|||||||24,850||
|North Ormesby
Development|Fund||||||14,310||
|Centre for Youth Impact|||||||12,800|6,200|
|County
Durham
Community|Foundation||||||9,800||
|Together Middlesborough
8 Cleveland|||- Feast offun||||8,729|4,293|
|National
Lottery Community|Fund -Awards|||for All - Talkit||||9,736|
|Other|||||||88,059|72,896|
||||||||567,935|657,718|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2021|2020|
||||E|
|Fundraising|events|112||
|Room hire|||260|
|Other trading|activities|112|260|
##
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2021|2020|
||F|
|2,678|3,308|
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|||||Total|Total|
|---|---|---|---|---|---|
|||||2021|2020|
|Staff costs||||272,263|337,098|
|Depreciation
and||impairment||7,397|8,136|
|Direct project costs||||186,557|148,514|
|Travel||||2,917|19,460|
|Training||||1,822|2,105|
|Communications||||97|5,968|
|Premises|costs|||52,107|70,519|
|Postage,|printing|and|stationary|1,024|7,438|
|Other costs||||1,353|4,588|
|||||525,537|603,826|
|Share of|support costs (see note 7)|||25,684|30,744|
|Share of|governance||costs (see note 7)|2,880|2,880|
|||||554,101|637,450|
|Analysis|by fund|||||
|Unrestricted
funds - general||||59,995|147,574|
|Restricted|funds|||494,106|489,876|
|||||554,101|637,450|
|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2021|Support|Governance|2020|
|||costs|costs||costs|costs||
|||P|||E|F||
|Staff costs||25,684||25,684|30,744||30,744|
|Legal and|professional||2,880|2,880||2,880|2,880|
|||25,684|2,880|28,564|30,744|2,880|33,624|
|Analysed|between|||||||
|Charitable|activities|25,684|2,880|28,564|30,744|2,880|33,624|
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|8|Net movement|Net movement|in funds|2021|2020f|
|---|---|---|---|---|---|
||Net movement||in funds is stated after charging/(crediting)|||
||Depreciation|of|owned tangible fixed assets|7,397|8,136|
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|||2021|2020|
|---|---|---|---|
|||Number|Number|
|Direct||17|15|
|Support||3|4|
|Total||20||
|Employment|costs|2021|2020|
|Wages and salaries||270,059|331,486|
|Social security costs||17,735|23,235|
|Other pension|costs|10,153|13,121|
|||297,947|367,842|
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|11|Tangible fixed assets|Tangible fixed assets|||||
|---|---|---|---|---|---|---|
||||Leasehold|Fixtures and|Computers|Total|
||||improvements
f|fittings|||
||Cost||||||
||At 1 April 2020||29,303|8,005|31,523|68,831|
||At 31 March 2021||29,303|8,005|31,523|68,831|
||Depreciation
and impairment||||||
||At 1 April 2020||23,199|4,631|28,306|56,136|
||Depreciation
charged|in the year|4,884|491|2,022|7,397|
||At 31 March 2021||28,083|5,122|30,328|63,533|
||Carrying
amount||||||
||At 31 March 2021||1,220|2,883|1,195|5,298|
||At 31 March 2020||6,104|3,374|3,217|12,695|
|12|Debtors||||||
||||||2021|2020|
||Amounts
falling due|within one year:|||||
||Trade debtors||||26,968|14,375|
||Other debtors||||2,239|35,443|
||Prepayments
and accrued income||||24,583|2,344|
||||||53,790|52,162|
|13|Creditors: amounts|falling due within one year|||||
||||||2021|2020|
|||||Notes|F|E|
||Deferred income|||14|18,507||
||Trade creditors||||2,154|13,362|
||Other creditors||||7,852|1,956|
||Accruals||||3,023|12,943|
||||||31,536|28,261|
|14|Deferred income||||||
||||||2021|2020|
||Other deferred
income||||'l8,507||
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|Current year|||||||
|---|---|---|---|---|---|---|
||||Movement
in funds||||
|||Balance at|Incoming|Resources|Transfers|Balance at|
|||1 April 2020|resources|expended|31|March 2021|
||||f|E|||
|Infrastructure|Support|10,814|319,422|(241,096)||89,140|
|Direct Delivery|-Gateshead|10,826|31,260|(31,074)||11,012|
|Direct Delivery|- Middlesborough|111,487|159,495|(192,079)|(6,395)|72,508|
|Direct Delivery|- Regional|39,148|8,502|(29,857)||17,793|
|||172,275|518,679|(494,106)|6,395|190,453|
|Prior year|||||||
||||Movement
in funds||||
|||Balance at|Incoming|Resources|Transfers|Balance at|
|||1 April 2019|resources|expended||1 April 2020|
|||||||E|
|Infrastructure|Support||32,300|(21,132)|(354)|10,814|
|Direct Delivery|-Gateshead|34,123|58,740|(82,037)||10,826|
|Direct Delivery|- Middlesborough|86,713|354,083|(329,131)|(178)|111,487|
|Direct Delivery|- Regional|36,561|60,163|(57,576)||39,148|
|||157,397|505,286|(489,876)|(532)|172,275|
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|Current year||||||||
|---|---|---|---|---|---|---|---|
||||Movement||in funds|||
|||Balance at|Incoming|Resources||Transfers|Balance at|
|||1 April 2020|resources|expended||31|March 2021|
|Contingency|fund|56,563||||3,819|60,382|
|||56,563||||3,819|60,382|
|Prior year||||||||
||||Movement||in funds|||
|||Balance at|Incoming|Resources||Transfers|Balance at|
|||1 April 2019
E|resources
f|expended||31
F|March 2020|
|Contingency|fund|79,294||||(22,731)|56,563|
|||79,294||||(22,731)|56,563|
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|Current|year|||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||
|||2021|2021|2021|2021f|
|Fund balances at 31 March 2021 are||||||
|represented
by:||||||
|Tangible|assets|5,298|||5,298|
|Current|assets/(liabilities)|160,716|60,382|190,453|411,551|
|||166,014|60,382|190,453|416,849|
|Prior year||||||
|||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||
|||2020|2020|2020|2020|
||||E||E|
|Fund balances at 31 March 2020 are||||||
|represented
by:||||||
|Tangible|assets|12,695|||12,695|
|Current|assets/(liabilities)|133,859|56,563|172,275|362,697|
|||146,554|56,563|172,275|375,392|
##
||2021|2020|
|---|---|---|
|Within one year|23,468|28,468|
|Between two and five years|6,622|6,622|
||30,090|35,090|
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|21|Cash generated
from|Cash generated
from|operations|operations|||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|
||Surplus for|the year|||||||41,457|23,836|
||Adjustments|for:|||||||||
||Investment|income recognised||in|statement||offinancial|activities|(2,678)|(3,308)|
||Depreciation|and impairment||oftangible||fixed assets|||7,397|8,136|
||Movements|in working|capital:||||||||
||(Increase)
in debtors||||||||(1,628)|(41,669)|
||(Decrease)/increase
in||creditors||||||(15,232)|818|
||Increase
in|deferred
income|||||||18,507||
||Cash generated
from/(absorbed||||by) operations||||47,823|(12,187)|