| Page | ||
|---|---|---|
| Reference and administrative details ofthe Charity, |
its Trustees and advisers | |
| Trustees' report | 2-5 | |
| Independent examiner's report |
||
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes tothe financial statements | 9-18 | |
| Suminary ofgrants paid |
19 |
| Trustees | A A E Glenton | A A E Glenton | |||
|---|---|---|---|---|---|
| G W Straker | |||||
| LA Caisley | |||||
| W J Dryden | |||||
| Charity registered | |||||
| number | 1101988 | ||||
| Principal office | Ryecroft Glenton | ||||
| 32 Portland | Terrace | ||||
| Newcastle | upon Tyne | ||||
| NE2 1QP | |||||
| Independent | examiner | Reah and | McBride | ||
| Suite 2B | |||||
| North Sands Business Centre | |||||
| Liberty Way | |||||
| Sunderland | |||||
| SR6 OQA | |||||
| Bankers | Barclays Bank pic | ||||
| Haymarket | |||||
| Newcastle | upon Tyne | ||||
| NE1 7AF | |||||
| Accountancy | and | RyecroR Glenton | |||
| Secretarial | Services | 32 Portland | Terrace | ||
| Newcastle | upon Tyne | ||||
| NE2 1QP | |||||
| Investment | advisors | Portland Financial Management |
Limited | ||
| 29 Portland | Terrace | ||||
| Newcastle | upon Tyne | ||||
| NE2 1QS | |||||
| Investment | management | Quilter Cheviot | |||
| selvlces | 5St Paul's | Square | |||
| Liverpool | |||||
| L39SJ |
| Endowment | Unrestricted | Total | Tots/ | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2023 6 |
2023 | 2023 | 2022f | |||
| Income and endowments | from: | ||||||
| Investments | 65,838 | 65,838 | 54,127 | ||||
| Total income and | endowments | 65,838 | 65,838 | 54,127 | |||
| Expenditure on: |
|||||||
| Raising funds | 37,586 | 37,586 | 41,524 | ||||
| Charitable activities |
67,375 | 67,375 | 55,539 | ||||
| Total expenditure | 37,586 | 67,375 | 104,961 | 107,153 | |||
| Net expenditure before net |
|||||||
| (losses)/gains on |
investments | (37,586) | (1,537) | (39,123) | (53,036) | ||
| Net (losses)/gains | on investments | (196,984) | (196,984) | 53,503 | |||
| Net movement in |
funds | (234,570) | (1,537) | (236,107) | 10,467 | ||
| Reconciliation of | funds: | ||||||
| Total funds brought | forward | 3,466,303 | 48,914 | 3,515,217 | 3,504,750 | ||
| Net movement in funds |
(234,570) | (1,537) | (236,107) | 10,467 | |||
| Total funds carried forward | 3,231,733 | 47,377 | 3,279,110 | 3,515,217 |
| Note | 2023 8 |
2022f | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Investments | 3,003,883 | 3,362,751 | |||||
| 3,003,883 | 3,362,751 | ||||||
| Current assets | |||||||
| Debtors | 10 | 278,219 | 151,944 | ||||
| Cash at bank | and in hand | 33,533 | 34,147 | ||||
| 309,752 | 166,091 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 11 | (34,525) | (33,625) | ||||
| Net current | assets | 275,227 | 152,466 | ||||
| Total assets | less current liabilities | 3,279,110 | 3,515,217 | ||||
| Total net assets | 3,279,110 | 3,515,217 | |||||
| Charity funds | |||||||
| Endowment | funds | 12 | 3,231,733 | 3,466,303 | |||
| Unrestricted | funds | 12 | 47,377 | 46,914 | |||
| Total funds | 3,279,110 | 3,515,217 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2023 | 2023 | ||||
| 6 | 6 | ||||
| Investment | income | 50,855 | 50,855 | ||
| Interest received | 14,983 | 14,983 | |||
| Total 2023 | 65,838 | 65,838 | |||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2022f | 2022f | ||||
| Investment | income | 36,728 | 36,728 | ||
| Interest received | 17,399 | 17,399 | |||
| Total 2022 | 54,127 | 54,127 | |||
| 4. | Investment | management | costs | ||
| Endowment | Total | ||||
| funds | funds | ||||
| 2023 | 2023 | ||||
| 6 | 8 | ||||
| Investment | management | fees | 37,586 | 37,586 | |
| Endowment | Total | ||||
| funds | funds | ||||
| 2022f | 2022 | ||||
| Investment | management | fees | 41,524 | 41,524 |
| Grant | ||||||||
|---|---|---|---|---|---|---|---|---|
| funding of | Support | Total | ||||||
| activities | costs | funds | ||||||
| 2023f | 2023 6 |
2023 6 |
||||||
| Direct | costs | - | Grant | making | activities | 40,500 | 26,875 | 67,375 |
| Grant | ||||||||
| funding oi | Support | Total | ||||||
| activities | costs | funds | ||||||
| 2022 | 2022f | 2022f | ||||||
| Direct | costs | - | Grant | making | activities | 40,500 | 25,139 | 65,639 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022f | |||
| Accountancy and secretarial services Other expenses |
22,668 239 |
21,186 140 |
||
| Bank charges | 17 | 21 | ||
| Trustees charges and insurance | 2,460 | 2,368 | ||
| Independent | Examiner's | remuneration | 1,491 | 1,424 |
| Total 2023 | 26,875 | 25,139 |
| 2023 Grants | ||||
|---|---|---|---|---|
| to | 2022 Grants | |||
| institutions 6 |
toinstitutions f |
|||
| Relief of illness and promotion | of medical research | 7,000 | 17,000 | |
| Furtherance ofeducation ofyoung |
people | 8,500 | 13,500 | |
| Protection of historic Iarchitecturally Relief ofPersons in Need |
significant features | 10,500 14,500 |
6,000 4,000 |
|
| 40,500 | 40,500 | |||
| Full list ofgrants paid detailed | on page 19. |
| Professional | fees | |||
|---|---|---|---|---|
| 2023 6 |
2022f | |||
| Fees payable | to the Charity's | independent examiner for the independent |
||
| examination | ofthe Charity's | annual accounts | 1,481 | 1,424 |
| Accountancy | and secretariai | services - Ryecroft Glenton | 22,668 | 21,186 |
| Listed | |
|---|---|
| investments | |
| 6 | |
| Cost or valuation | |
| At6April 2022 | 3,362,751 |
| Additions | 527,490 |
| Disposals | (689,374) |
| Revaluations | (196,984) |
| At 5 April 2023 | 3,003,883 |
| Net book value | |
| At 5 April 2023 | 3,003,883 |
| At5Apdl 2022 | 3,362,751 |
| 2023 6 |
2022 f |
|
|---|---|---|
| Due within one year | ||
| Prepayments | 626 | 598 |
| Other debtors | 275,593 | 151,346 |
| 276,219 | 151,944 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 6 | ||||
| Trustees | charges | 840 | 840 | |
| Accruals | and deferred | income | 33,685 | 32,785 |
| 34,525 | 33,625 |
| Statement | offunds -cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at 6 | Gains/ | Balance at 5 | ||||
| April 2022f | Income 6 |
Expenditure 6 |
(Losses) 6 |
April2023 6 |
||
| Unrestricted | funds | |||||
| General Funds | 48,914 | 65,838 | (67,375) | 47,377 | ||
| Endowment | funds | |||||
| Endowment | Funds | 3,466,303 | (37,586) | (196,984) | 3,231,733 | |
| Total offunds | 3,515,217 | 65,838 | (104,961) | (196,984) | 3,279,110 |
| Statement | offunds -prio | r year | ||||
|---|---|---|---|---|---|---|
| Baience at 1April 2021 |
income 5 |
Expenditure 5 |
Gaina' (Losses) 5 |
Beiance at 5April 2022 5 |
||
| Unrestricted | funds | |||||
| General Funds | 60,426 | 54,127 | (65,639) | - | 48,914 | |
| Endowment | funds | |||||
| Endowment | Funds | 3,444,324 | (41,524) | 63,503 | 3,466,303 | |
| Total offunds | 3,504,750 | 54,127 | (107,163) | 63,503 | 3,515,217 |
| Endowment | Unrestricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 8 |
2023 5 |
2023f | |
| Fixed asset investments Trade investments Current assets |
3,003,883 227,850 |
(227,850) | 3,003,883 |
| Creditors due within one year | 309,752 (34,525) |
309,752 (34,525) |
|
| Total | 3,231,733 | 47,377 | 3,279,110 |
| Endowment | Unrestricted | 7otet | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 f |
2022 | 2022f | |
| Fixed asset investments | 3,362,751 | 3,362,751 | |
| Current assets | '(03,552 | 82,539 | 186,091 |
| Creditors due within one year | (33,625) | (33,625) | |
| Total | 3,466,303 | 48,914 | 3,515,217 |
| Summary ofGrants Paid |
2023 | 2022 | |||
|---|---|---|---|---|---|
| K | R | ||||
| Relict of illness and promogon | ofmedical research: | ||||
| The Sick Children's Trust |
2,500 | ||||
| Urology Foundation St.John Ambulance |
1,000 | 2,000 | |||
| Chronicle Sunshine Fund |
1,000 | 1,000 | |||
| Daft as a Brush | 5,000 | 5,000 | |||
| Splash Hospice Care North Northumberland Combat Stress |
2,000 2,000 2,500 |
||||
| Furtherance of education |
ofyoung people: | ||||
| North Music Trust (Sage) Newbvrn Sea Cadets |
2,000 500 |
||||
| MINE Youth | 500 | ||||
| High Sheriff of Northvmberland | 1,000 | ||||
| Jewish County Council of | Gateshead | 500 | |||
| Ocean Youth Trust North | 500 | ||||
| Percy Park Rugby Football | Foundation | 2,500 | |||
| Haskel South Shields Westoe Rugby Football Club |
2,000 | 2,500 | |||
| Stepney Bank Stables | 1,000 | ||||
| NEETZOTZ Orchestra North East |
3,000 | 2,000 2,000 |
|||
| Inspiring Minds |
2,000 | ||||
| Protection ofhlstodc/architecturagy significant |
features: | ||||
| Holy Island Community Hall Holy Island Development Trust The Church ofSt Mary the Virgin Holy Island Country Trust St.Chad's College |
3,000 2,500 5,000 |
1,000 2,000 1,500 500 |
|||
| National Trust North Region |
500 | ||||
| St.Michael's Church, llderton |
500 | ||||
| Relief of Persons in Need: | |||||
| ABFThe Soldiers' Charities | 1,000 | ||||
| Washington Riding Centre for the Disabled Tyne and Wear Centre Against Unemployment |
2,500 5,000 |
4,000 | |||
| Tyneside Outdoors | 3,000 | ||||
| The Soldiers, Sailors, Airmen | and Families Association | 3,000 | |||
| S40,500 | S40,500 |