Addldlom Ilorth E•Jt 31 Janwry 2024 Trustees, ATrnual Report Audttor's Report Statement of Flnanckl Actlvltles 2to9 Ioto Summèry Income and Expendtture Account Balance Sheet 14 15 Statement of Cash Ihx5 Motes to the A{￿nts 16 17to23 Detslled Statement of Flnancthl Actlvltles 24to25 Pa8e I Th•Tru•tM• pre•ent thelr annual rnport and lIna￿lI1 •tatffiwnt• for tho y•ar •nd. 2023 . 2024 The finandal statom•nts havo been pyepared In acCOrdar￿ wilh the accountry poIici8s set out in note1 to the financial Statern￿ and ¢Jxnpty the 4*arl goveming docu￿( the 2(Th arKI "Acc￿nI7￿j aTKI Repor11￿ by Charlkn: Statement of Rocomn￿d8d Practice applicable to charth￿ prnpwing their a(￿aUnts in acCcXda￿ Financial Rewting sta￿lard applicabl• In the UK and R•public of Ireland (FRS 102)" (effec*ive 1 January 2019). The obje(￿¥83 of ts charty are tr. a) To won¥Jte the wevenknn. r8ciyJnalon WKI treatsnert ol woblm related to the use ( (4 The wovislon of advlce. Inlomiakn. SUPP￿t a￿1 crnThellhw to such p8orA8, theirfamilies and carer5. The Fyovision af a range of holl8OG thera*8 treatm￿ s￿h as r•fflexoknw, (i) b) To womote such othor dwttalle purp0888 88 from tin• to tlmo be In furtheran￿ ofth• ObJ•ctlvM but not othwvth th• Clwlty 1) To promots charitsbb services to a¢ldiL*8 wilhin tho Countl05 of l￿rhaffl, Nortrwmberknd. Tyne & Wear arKI Ycrkshira. farnili8s and frwKIs. 3) To d•v180 and Pr￿ent m•asum to all8vlat8 pfft by developlng empknymerrt and 4) To provide athltss and for r•g)veriry ￿ld 5) To introduce educatlonal ￿)po￿nItieS to rne•t training rneds. 6) To encoLrage acJvlUe8 for •SJicts, the•• b•lThJ ed￿a￿c￿aI, reu•atbnal and rAAtural. 7) To draw, make. accepL wthrse, dlscoun( exeart• and1%8u8 prpmi880ry nots8. bM8, cheques and othw in8trLrnnts, and to name of tho chwlty. 8) To rai8e funds arnl to Invlte and re￿1ve contrlbulm: providfftg that In thé d)arfty shall not any substantsl peman•nt lrndirrfJ actsth and shall 9) To awilre, alter. hryove (sutyect to d￿h eon8*ts as be required by law) to 10) SuLyect to dau8e 5 belowto employ 8uch *aff. who sham not be DIr￿tOrS of the Charity (herewmfter referred to as'lhe Truste88ry, as are no￿6ary ft>r the pr pursuit of th8 objects and to make all r888onabl8 and ne¢xssary provislon for the payrmnt of pensiorA and syrannualion to staff and their deperK 11) To establlsh ￿ 8LWJrt any trusts, associats￿S or institutsons fomwd for all I ofth8 oLy•d8. orffitsng in furtsrarTh ofts objects or simi* tharitable purpo8e8 aThJ to exchange infofmalion and advic• with them. 13) To provldo In(knnlty SrAuMce to cover the liability of Trustees which by vir of any rule clknv would ol1w￿8 attach to them in rasped ofary negligen￿1, dofad( breach of trust or broach of duty of whlch they rfw be gtilty in rolatKin to the ¢harity: Providod that any s￿h insuranc• shall extend to ary clalm arlslng frc¥n any act or omlsslon the Tr￿te•S knvw to b• a breach of trust or breach of thrty or which was commEtt•d by th• Truste88 In reckle8s disregwd to whthr It was a breach oftrust or br•ath of dlty or not aKI prOvId￿ al80 that any such inirane shall not ext8TrJ to the co8ts of any un8ucceJsfvl (knfenm to a crImIr￿ pro8Kulion brw agairffjt the Tr￿te88 in thelr capacity u (tiroctorn oftr* charfty. 14)To pay out olthe funds ofthe charity thè eo8ts, thrges and oxpen8a8 of ary iicidental to the fornialion aTrJ r•3istratlon of ts charity. 15) To do all such other lawful thiry as are n￿SSary forlhe achi8vwnent of the 16)Hav8 the pow. wbi8d to any con8Wrt rety#rqJ by Iw to bo￿￿MoneY and to charge all or ary pt of th8 prnyty of ts Tw81 wilh repayffl￿t oftha Publlc benofft The TrL*tee8 hav8 IHd regard tr) the Chwty CUnm￿.$ guida￿0 on thw legal duty on public b￿efft and are 8ati8ffled that the Charlty delivw3 publc benèfft and pays due to the guidanr* pubftc b￿￿fft Wh￿ decidiNJ whlth n•w prciKts tho Charlty 8houkl undertake. Achlw•merts and prfornMnc• Fundral8lng athll•s The Truths flY￿rth# ts Chwlty m81 the C¥)lects in its ¢￿￿tilU1￿ In ts yggr Core SeNice8- ANE a MSX of knDVWI' h)u8es and 8h•ed occupan(ae8 (no than thre8 p per house). We continue to cbBeM a grthvlrKJ treTrJ of inc¥eased appliG*bns frorn OurwallirvJ list continues to ￿ high the added placem8nts. Ow •xrrer* waknng 1st has 22 mon arNI 18 femal88 urg• $88king reside￿al wvic6s from OL at the strrt8 of w￿￿on'8' HrAMlng SOTViC68 With#i tho Nrth East RwJi¢X. As wrt of our therw￿C savicas vrn havo b88n u8irvJ a rarye of ab￿1rranca *dlbeh Nthork (OCN) at ThM• and FrAr. All Lwr staff arKI volunkns have c¥mpl*l thmo ccrn In 8*Jdition to tho othw ￿¢• ￿•15 in our Ttrno Four (knp. in9 to cthryl8te Iheir Lov•1 3 Conmnunlty W01￿￿1n9 WKeslii> courses and 2 irrto four ty of ckca 10 In Dach 1 tho 8UFWt of Athicts(￿3 UK aN8 to offer Co￿￿811rYJ to dl8nt8 Coun8elbr and Psythi￿ra* a lown of our ¢ywn paid staff aThJ cthjnselllng Studwts. this sthem• has proved to ￿ Inviw• powlar and 8ucce86ful, and It18 hO￿d that tN8 programme Can ￿ enlarged next year. At tho comm•ncam•nl ol our Flnandal Year {February 2023 to January 2024, ANE Cufrenty opwate from three houses in Seaham- One hou80 acts as a trdnlng centre aTh used every day as a Tralnlng wilh a full pYcvJramme of training l therawjtsc and Recovery sessions booked in ten hoLYS w day. AnDthw ht)use seNlce8 a8 a bBse for all our *aff and voluntws wlth facilitses for small m8allrq8 to te hdd wlth ￿T s￿￿e u8eA& Our thlrd house is used for 8ervlr¥ m8als (Full knal(fa8ts and Lunches) and for hobjlng grot4) and one- to- ono meetlTrJs. Becaw of tha high number8 grow we havo booked more fa(iths fvé days p8rw*k at the Dawdon Youth •KI C(XnM￿ty Centre. Our Tfu8tse8 are aware that becau80 of tho ￿Owth kn thwapwtic and TO81￿￿ seaThl r￿W FYemm8 to convert I lea8• for the lollowlng fiscal ￿ar at 1 {a) Lyhtlwe Vkn, Spectrum Busln8ss ParK Sthham. fom*r houses, whlch wore uaed as Our Stair and V Our TruBtees are gralefvl to our 8t8ff for thdr hard work and dilWK• durirvJ the last fixal yw. Wa hav8 adoptsd a pollcy of'Grow our own &aff grw. we have wnploy•d all of our star tima and part time, Inttl•tlv*tskir¥J staff memb•rn being appDinbd. All of our staff have enthu8lastically rtrked on their acuediknl trainlng ¢xw888- includlng appr8nticosh￿8. fx4ktatOf8. W811)eing aNJ wport *aff, caterers inalntenanca wr8onrnl. Hothilly, in tlme, our voluntaW8 VAII b• wdl p*•d to s•cwe remunw*ivo wnployrnnt by galning 8ud) ugeful Prlnclpal fundlng •ourea• The Tn￿tee5. objective is to ra18e a8 mww funds as is reasonably pceslble to finan￿ the Charws acdvfti•safKlto meot Its re8eM8 p)licy. That ctycthew8S met for the year with fvnds being railed fram the followlng Sources: H(A￿1ft9 Bonofft Inc(rn £ 1,124062 Other FwKlrnlilng Acdvldes £4714 £ 29.582 Th8 net incoming resourw for the pwtod amour*8d to a surplus of £9,7Ce (2023: £121,037. The amount attrlbuthle to merves stands at £393,943 (202&' £384.235) of which £21,875 (2U23: £NIL) are TrstrKted. RM•rvM polky In accordance with the Charity Commlssioners guidanc& ts Trustees ara requwed to hold a rasarves ￿lIcY based on a mli8tsc estimation of r88eM requlrements. Raserv8s r8prasent those resourcas whith can be made availablo to sp￿d On￿ all oxnmitrnents and planned expondllure hav• be￿ met. Reserv88 are Spent at the dknelion of the TN8t688 arKI In the furt￿rance rA the Charity8 alms ar Th018vèl of re•8rves hold, as docthd ty th•Tnths,18 tyual tothe valuo ofc mnth of runnlrq costs. Th• Trusta88 will s•d( to expand this amount ov•r th• CLYnirvJ years. The reserves poli￿ will be rev[￿ed by the Trustees at ts annual audit rneetirg. Free e5 at the yaar4nd amount to £153,￿.{XI. Plamfor futurn prfods Folltrwire 51gnlficant grv*th as 8 Chwlty, the Tru8te8s and 88nior rnanagwrKnt team recogni88d the need for a systemic rnviaw and a revwd strategy. In the c¢mlro year a number of acliviti86 will take placa lo provide a n•w strategy for Charity over the c4xnlre fNe years and any nec•ssary Struc￿￿, Wor￿urnI. or other chaNJ•s to take *c•. This will al80 uxAlder our financial r￿ed$ and the best mthod8 to sustain the organlsatlon and Its geNlces. We look forward to movlng into our Mv premi886 next fi8cal Y￿r. Having all our 8ervSce8 under one roof bo effocfve, tt wlll gnhance and Improve tha quallty of our work seNk• uw8- both re8klf￿tI•l and within the communlty. We ara COn￿ltt￿ to wothlrw in p8rtsw8h¥> wilh all our frwds and slakthoklers from the pr￿ate, public and third 88(*ors for vthich we are gratefvl their halp and a83istsrKe. Our indude develoFMng an ANE Wrn's Recovery Hub, a C¢)mmunity Café. aTKI athjits￿al Pk>using stod( to help r8￿ce una•blo waitlrvJ Ilsts Consideraoon wlll bo given for the Charity to rryl8tsr as a provider of 80cial Iwslng wrth tho R89ulator of S(wl Hou8ilVJ. Fwtsr expanslon to our abstinent based reo)very housng to 0th8r areas of the North of England. Thls servK* Nn in porall81 our therapoutic Day to daymanag*m•nt Ov•r tho last y•ar tho offKw8 re•pOm￿ ts the day4CMday Manffjem￿t Th8 Charty 18 a compary limlt•d by guarant••. as d•finod ty the Companles Act Thetruste88. who are also the dirBth forthe purpoee of company law, who ser￿d duriry the year and upto the date of the 8kJnalure of ts financial Frank Nlcol•on appolnted 27.07.2021 Jane Bryce Vlcker4 appOInt￿ 27.072021 laln ￿llIaM Kay appolnt•d 31.102020 Ellzab•th Bam•B appolnted 2&09.2019 Charlott• Ellzabath Lllloy appolntsd 19.09.2019 Anthony Davld W•l•h appolntod 0&012016 Tr￿te85 are rtrAppolntsd to or romoved from tho board by membw8 of ts Charlty at the annual general meotirg arKI are responsible for the 8tratsglc govornarK• of the Charlty. They do not r8c*ive ary rwnun8rakn and off8rthelr 8ervlce8 voluntsrily. Eath Trustse brlngs hI￿er 8pedfic 8klllB and experlenca for the benefft of the Charlty, and. onawlntmenL nthvTrust•a8ar•ablelo meetwlththechWEx￿tiv8 arKI b￿[neSS pr(K￿•s. A prLK*dure Is in placo for •Jvislng r￿ Tru•t••8 about Ir •xpert•d rdes arKJ re8pon8lbllttlo8, Indthjlng refwerTh to the Charlty Conmiissiorfs Tr Es88ntlal Tru8ted guhtsnc*. Day.to4ay manapment and d•cl8lon4naklng Th•offK*rn responslN• for the d￿t0* managwnont ofthe Charity dwlng Mawor. Dedslon-makJrvJ regarding matters 8u¢h as materlal eynthturé. delegated to the Execukn t•trn, overall $tratsw are re￿Ned to tha Tru8t•O8. Key management remuwalkn 18 reViv￿d ann￿ty and nomialty Increa￿ with avwage ￿mIng8. Th• Trustso's b•nchmark ij ts mi&polnt raThJ8 paid for comparabl8 rokns In Charltkns of a similar slze. The Charfty ncl have ary 6ut¢lth&ieB aThJ thore no ￿￿1105 that we parts8. DurfrrfJ y•ar. Iwo anployeej clth? Charity u)nne(*l to a avj by the Chartrf Crnission. TheTru8teés have aduty to id8nbfy and lov￿the Ti8k8to whk* the CPority Slgnlftc•nt •v•Rts There were no significant financial tsw•nts during th? y•ar. Tho tnMtee8. who are a180 Ihe ¢Sfector8 of Addictions Noth Eastfcr the purp088 of c(xnpwry Iw, are rn8pon8kn1e for ￿parIng th8 Trust••s' R•port and the finandal statermnts In aco)rdan¢x wlth appllcable law and Unlted Kkngdom A£c￿n11n9 Standards (United Ifjngd￿￿ Gelwrnlly A￿ptsd Acc4wnting Practic*). Company Law r•quirns ts trus* to prepare financial statem￿ts foreach finandal yearwhlth glve a tru•andfalrvlw ofth• *ats ofthirnofthe tharlty a￿1 of ts Incomlng r880urcts aNI appllcatlM of re8￿￿, indudirKJ th8 incwie and expenditure of the charitable company tr that yw. In preparfng Ihe8e ffflandal statern￿, ts tnJ8ts88 are t . 88lect &iiable accoLmtirYJ pollcles and apply c•. any rnater1￿ d•pa￿￿ dlsdLYad and oxplalned in ts finandal •tst8m8rt' arKI .wepar• the ffinoncial statamerts on the L¥Jkng conrAm ba818 unlBSS it 18 inapprowlate to lh* the diarlty IMII cortiiu• In rwabon. with rea8orHbl8 acouracy at any th• financial pcdul￿ rfthe tharty and thwn to eTwre that th? financial statwnert8 cunpty thè Cryaths AL*2Cth. TW are also responslble for 8af&3uardlng thea88ets ofthe tharty and hencefor a8 auditor of ts comp8ny wlll be wt at a G8twal ￿rIg. Dlsclo•urn of Infornmllon to audltor Each eAth8 trustees ha8 confimwl that thwe ig no infornkn ofwhich Itv ¥8 aware which is reknnt to tho aLKliL but of which the audltor18 unaware. They hwo further confimied that It￿ have tsken approprAta st8PS to Identify such relevant Infomialon and to 88tabll8h thal the auditrff Is aware of 8uch Infomwtkn. AUDITORSREPORTTOTHETRUSTE&SOFADDICTIONSNORTHUSTFOR THEYEARENDED 3114NUAAY 2024 Oplftlon Wé have 8uditsd thefinancIaLat*eM￿ ot AdthctlM• North EaBt (the charl￿f011hOy￿l ondod 31 Januory2024whlch COm￿￿the 81atement of finRnC1atac￿Vftle3,tha balonce ¥l￿t. Iho 81•t•montof Ca8hllws arKI not88to thellnoncl818t8tem8nty Inciudlng8lWthlc8nt 8ccounilnB pollcl8& Thafknanclal report1￿1￿m￿￿rkthat hi8 b88n apPl￿d Inthelr woperallon18 oppllcabie law ond Unfte41 Klngdom Accountlng Stsndard8. IncludkngRn8ncl81 Rep(XIl￿St￿d0rd 102Th0 ￿nancIal Rep￿￿￿st￿d&nl applFcabts In tha UK and Re￿￿1¢ oflrnland (Unlted Wom GenwJltyAccWdkn￿nIlng Practlce). In our 0plnlL￿. theflnanclaijtatemonts". qlve a true&xlf8kvlowofthe 8tato 01th8ch8rlW8allB118 88 at31 January20248rn1 of Its Incomlng le8￿1¢e5 and 8ppUc8tlon of rn8ourco4for the￿ffjrth￿ end8d: havg been prop8rtyprnpAr&l In ac￿rden¢0 vAth Unlted Klngdom Gone￿iyAcC?PI8dACC0UfflI Prnctk&' 8rKI hwe bean preparnd In acCo￿anc0w1th tharequlr8An8rrt8 oflh• ChaFIUe8 kt2011. •l•foroplnlon Wa Gonductad our •Jdlt In Accixdonca vthh Intomthnal SlandaTdB on Audftln8 ILIQ (M¥ (UK)) app￿C8ble Iv4T. reoponÈlbAttle8 under thos• Str￿6 arg fiHther deBcrfbed In th8 Audltor* we•ponslbllltl88 forthe audlt of thafingnclal*atements aectlon of ourioPDrt. We 8￿1ndep•nd￿t ot th• In ocGordanc• wlth tho othlrAI rgqulrnr7Mtsthat we rnlth•nt to ouraudll ofthe knn&d8tat•m811ts In tho UK, Inciudlng tha FRC* Ethlcal Standord, and ￿ hav• lullllicAI our othw ethlcAI rggpon8lblUtlg8 In •C¢￿dance￿IlhthQafj r•qUlr•m•n￿Webou￿•th*tth•aud￿t8%1d•n¢0￿h0￿¢1x1ln0d hwMaleirtwKI •pproprlAt•to provlde a b￿19 fof our oplrfon. Conolu•loM rnl•lIrytoW￿co￿CWn In audStylha tlnAndd 8tatsmert& we hove Ihotthe trust8o1' ￿ ofth8 8olryc¢Jncwn b9818 af accowrtlnglntho pr•paAtI(￿ olth•llnancl8l 8latsments18apwowlat& Baled ￿th8*￿rk¥4W hm porfom*d. ￿ hwo not Idenllllgd m41orfal Lmcwlalntle8ralatlngto avants or condltlon8 thaL lndmduj￿Y or ¢cAtgctt¥dy may 008t awfficanr dcAth on Iho * aNllty to ¢(wktlnu¢ •t • goln8concgmforo perkxl Lrfat leA•tl¥Mi￿ monthifnxnvthen the IlnJrKIaI8ta¢￿￿￿arnWthryIWdft Our rnJponoltAiit108 and the re8ponsMtle8 of tho tru8teeBwlth re8PaCttogoI￿ concam are deKrlb8d In tho ro18Wrt iactlorn ofthl8 report. Th8 0th8r Infomiatlon eonylw the Irt￿m￿lOn Inciudod In th8 an￿81 T8POrt otlw thon ts Ilnarnkni eiatsm*its and our audltorf8 report Tho Iruotse8 arn rnJpon81bi• for tho 0th8T Infon￿( Conta*￿ wlthln tho annual rnport. I￿r oplnlon on the flnancld statements doM nc¢ covw tho other InfoTmatlon and￿ do not 8KpresB anyfonn of U8Burnnce concluslonther8on. Our re1p￿￿11￿1èto read the other InloTn￿￿ 8rKI. In dokn8 ￿ con*¢or whrfh•rlho other Inform*1(￿18 matr￿*{ty incon8lstent w5th thoilnarLlal•tatsm•nts or *)w knty%l•d8• ol*alnod In tho ¢ourn• ol thg audl. or oth•NA88 APPOarn to b• m188t8t￿. V w• #lontlfy 8uch matwthl InCon￿8￿ncl0tt ty apparent mrkorlal ml8St8tement& we are rewlTed to detern￿Th9 whether thls Ovoj rfse to a m#t¢rlal mlJ•t•t•fflant In tha financlal gtstemants th•n8•iv8s. K. baB•d on the w)rttw• hm porfom)•d, w• Cond￿1• that th•re 1$ • matsrfal mlsstatsmortofthl$ ollw Inft>rmatlon. wa 8r• reWrBd to report ttwtfact. We hw8 nothlngio Teport Inthl8 ro88rd. AUDITOR5 REPOATTOTHE TRUSTEESOFADDicnoNSNOR7H EASTFOR THEYEARENDED M•¢l•Trw arn rnqulr•d to r•wt ty•xoWlon We hav• nothlng to rgpon In respoct otthe follwuty matters kn relatlon to whlch th• Ch4rflle8 Wccounts and Reports) R•guLaUons 2008 requlr8 U8to reporttoyou If. In ow oplnlon: the Inlormatlon tyen In the Iln•ncW 8t8tsments l¥ Incon81st8rrt In ary matsrlftl rn8POCt vAth tho Iru&taO8' roport: or fficl8nt accounUn8 record6 hwd not been knpL or tho flnanclolgtatsmgnts arn not In Yath the accounllng r8cord8: or not recelvod ailthe In1￿m#10n8nd explanatIons￿ requlre for our 8udlL RO•P￿IblUll￿ oltni•tM• AB Wned mora fully In th? atatement rftNth8B' r88pw¢8lbll[tl￿ the truthgl arB reap￿SIts￿ the preparatlon of the ftnancl81 statements and lor bejng sallsfiad that they kne a true and falr vlew for h Intsrnal control 81 tho Irv8tw detannlnv 18 r￿￿ry to onabie the prepar8tlon of fin8ncleL at&ements that ar• fr88 from m8tsrlal ml88tatemrt *th8th8r du8 to fraud or 8rror. In w•parln8 th0 fin8nc5ai 8taterngnts. the trustees arg responslbie ftjr asse881ng the * abltity to contbnué u 8 concern. dl8¢losln& as 4ppilr*bie. motters related to go1￿ concwn 8nd u81ng the gdng concem ￿*1* ot acC￿rrtIng unle81 the tru8ts88 etthef Intsndtocea88 opwatlon8. or ha¥e no rnaUI11041t8rngtlve butto do IMen appolnted 88 audltor undor I￿￿10n 144 of tho Charttl08Act 2011 and reportln a¢corthce ith thektar￿ rehvant re•ilatlon8 made orlwh8effe¢tthereunder. r obiKtfvoO Orntoobtaln rottonabts a88urKKeab￿rt*t￿therth• fln8noi•l 8t8EThnts 884 aro fTO0 from Mats￿81 rn188tatem8nL whether due to fraud or error, to 18oue an 8udltorf8 r•port Ilwt InGludos OWOPlnlon. Rea•onabi• 888uYwco1gA hlthlmiof a18u￿cQ tArt18not• gu•Yant•eth*•n 8udlt conducted In accordance wlth IS49 (UK) wlli aiww d*•ct a m8WI81 rn188tat•mont Wh￿ It &KI8ts. Mls8tatemènt8 c4n aM8e frorn ft8ud orwor and areconsldthd rnatsrfalll. Indmdualiy or In the a88re8oto. they could r8a80nably bp oXPOCt¢d to Influonce tha economlc dacltslon8 of u¥rB tsk￿ on the b88h of those financlai statrnt& Tha éxtont tr• vthlch our procedures arn capable of detecung IrreW￿￿￿ Includlng fr8ud. l• dotalled A further d88cflptlon of our respon81blllttes18 wd8liable on the Flnenclal Roportlnu Councll* ￿ts81t8 at http&'lA¥w.Il￿rl￿kl8udttor8reSpQ￿lbll￿O6. Th18 deBcrlp￿on fonns part of our audltor's rewt. Yow attet)tton Is dr￿ffl tothe factthatth• chorlty h88 PrnP8r8d llnanclo18t8tthm8nts In 8ccordonca wlth "Pax￿￿tIn8 arKI Reporth ty Ch8rftl•& &atérnant of Recommended Prnciico eppuoable to oharltleB piepwlng th8lr 8ccourrt8 In accordance wlth the Flnanclal Re￿rtIng st8ndgrLI appts'cable In the iA( and Repubuc ol lrniand IFIIS 1021. (a8 amandodl In pT•farenEg to thè Accountlng •nd Raportlng ty CharfUo8: Statsment ot Recommended Practlce on 1 P4JrA 21))5 *thlch18 relerrnd to In th• 4Xtwbt regulatlons but h88 n(wb••n Wlthdvb￿. Thls h&8 been done In order fortho flnanclal statunentsto priwld• a true And tslr vknv In acrord¥nce *lth cwr•ntGoneraity Accqpt•d A¢countln8 Prnctlc Olhw mAn•Y•whWI •r• r•qulr•d lo•ddro88 Thls Is a first yeor audlt •ngagement and 98 BUC￿ kn ¢ompar8tl4• figur08 pre unaudltod. and M pnpAdg no a#uTance over tr￿rn. Sufficlent ownlnq batance h&# b8on ￿fft)rn￿d to onoble an unquallfied opfnlon owrtho currentSY8rfiwxe AUDITORS REPQRTTOTHETrUSTEES OFADDICTIONSNORTH EAST FOR THEYEARENDED 31 JANUARY 2024 Th18 reportlg made solely to the comparfs mèmber4 88 a boty. In 8c¢ordanc8 vAth 8ectlon 391 of the Comp8nla8 Acl 2014. Our eudtt ha3 begn unrjartaken 80 that we miknl 8tat& to the conyy's MeIr￿thOS￿ m8ttersw8 are requlredto state to them In an auditor's report and for no other purpose. To the fullest oxtent peryrHtted by Law. we do Thot accept or a85ume responslblllty to anyone other than Ihe ¢ompany8nd the companyb mèmbèrs 98 a boty. for audltworK loi thls wort. orlorthB opinion¥ we hav8ftThied. Coun Chitw FCA A2zuth House SonlorSt•tirtoryAudllor Wal681( Road Forand gn b•hall rf BK Plu• Audtt LIn￿l￿d Aldridge . 31s+ W8la•li Engtsnd WS9 QRB ndj lunds Total fvndi Total funds and •ndavrni•nts Donatknns and *cles 0tkntrdd1￿xtlvltles Investments other 29,582 1,124,562 2311 56.062 29,582 1,124.562 2,911 77,937 27.393 710.173 2L875 54,748 Total 1,213,117 21I75 1,234,992 792,677 amrltable artlvltles Other 1,070h64 1.070,464 154,990 L225,454 s69￿3 103026 673,359 1.225.454 Net galfts on Investments io 1113371 21,875 9,538 119.318 Trnthrs Ixtween funds Net Inc4wne h•fore othar 8•IMlllosges) {12,337) 2L875 9￿38 119,318 {12,337) 21,875 9538 119.318 Totsl funds Ixou8ht forward 3W16 382,516 263,198 TOMI carrled forward 370,179 21￿5 391054 382,516 Page 13 fwth• ￿rIndad 31 lanu•ry 2024 IDCOI L231081 792314 Interest Investment I￿orne 2,911 363 L234,992 792,677 Expendlture L224,634 67L640 Deweclathn and charges for lrnpalrment of assets 820 Total •xputhx• for J Net Income lthre tax forthe year L225.454 9538 671,640 121,037 9,538 121m7 Pa8e 14 at 31 Janu•ry 2024 Tonglble assets 12 250,128 250,128 205.173 205,173 Debto Cash at bank and Sft hand 13 33.615 175,683 209.298 14&2461 Is3￿52 413.180 12L126} 392,054 216292 225￿59 (17N90) 208A69 413,642 (31,126) 381516 Cr•kn. AmountfallI￿ due wlthln •xe yeir 14 Totsl •Mets1•ss Affrert IhlAIItI•s Cyekn. Amounts fallln8 due after m(Yethwk ¢)ne year 15 392,054 382,516 The al the thirhy 16 Restrlcted Income fund5 2L875 21875 16 General fund5 370,179 370.179 382J16 382,516 16 392P54 382.516 These acc and facmUe5 Whe￿ the beneftt to the Chvlty15 re4Yonabty •wanthable. measurable and matertal. Voluirteer help Thevalue of any w￿nteer help receknl is not Inckthd In the accoun Investment Income Thls Is h￿uded In the accA)unts ¥A￿n ffecelvable. Galnsl(loKes) on Thls h￿Ud•S aTry8aln ty loss resultln8from revaluln8 Inves￿ to mats va relaluatlon of flx•d at the end of the year. GakWU05ses) on Thb Includes any 8aln or kns on the sale lftvestm•nts. Pa8e 17 Expendhwe Reco8nltlon of expendltu Expendlture Is reco8nlsed on an accruals basls. Expendltyre Indudes any VAT whlth cannix be fulty rfjcove￿d, and15 reported as part of the expendlture to whlch It Expendllwe on ra151n£ funds Expendtture on These comfv the costs IncuThed ￿the Char5ty In the dellvery attmtles and ch•ltable actmtles servlces In the furtheThwKe of Its oblect& Inc￿1￿ the makln8 of Brdnts and rnance 05 All grant expenthture Is accounted for on an actual pald basts an xuual for 8rnnts that Iwve been aPpr￿d bythe trust￿ at the e￿1 of the year Ixrt not yet These tomprlse the costs 855oci*d wlth attraLtln8 voluntary Income, fundralsln8 Grants pjyable G￿￿[nance costs These kKlude th05e q)5ts assoclated wlth meetlnB the COlbSt*utkYwl and 5tatsitory requirements of the Charlty. any auditnndependent exanikmtlon fee5, costs llnked to the 5trWk fflana8ern￿ of the Ch•rKy, tryett￿r wlth a share of other admlnlstratsn costs. Other expendlture These are supm C￿ not allocated to a ￿rtICUlar•Ctl¥1ty. Tmtlon The tharlty ts exempt from corwrotkn tsx on fts tharlt•ble actmiles. Dewethtlon Is prwkled atthe foll(y*lng annual rates In ￿der to wrfte off exh ffjset its estlmated MotorVehl¢les 25%% Reduc1￿4 ￿hn¢t Investment propertles are measured Inltialty # ¢OSt and su*uentty atfa1rYd￿Q at eath balance sheet date aNI are not dewe£lated. All 8alns or losses are tsken to the 5taten*nt of Flnand31 A¢tMtles as th Stock Is Included at the lowerof cost w net reaisable vakn. Donated Rems of 5to(kare recoythed at f* value whlth ts the Bmourt the charlty would have been wllllngto payforthe Itenu on the (yen markeL Trdde and other debtors are Tewnlsed at tl* s￿tlemeTht amount due afteranytrade dlsClWlltoffered. PrepBymonts are valued •tthe amount wep•ld net of any trade dtsf￿nts due. Cash and cash equfv•l•nts comprls• cash at bank and on dwmnd depos#s wlth ban¥5 and short4erm h*hty l*uld Investmerts wlth ortlnal rnaturttks dthre• months or less and baTrk tr4erdrnft& In the st•tsnient of fth•n¢lJl posltlw ￿nk ryerdrnfts are shcA*n wlthln Lhxrowlbv or ￿rrent hbllltles. In the 5t•ternent of Cash Aowj cash and cash •qufvaknts are shown Mt (* b•n* tr￿￿12ftsthat ore repwble on dernand and forni an lrtwal pwt of the companvs cash managenxnt Pa8e 18 Notesto th• knunts Sknrt term ryedltors are measured atthe trnnsxtth prke. OthercredIto￿ and provblon5 are reco8nlsed where the ¢h4rtty has a presert obli8atlon resultln8 from 4 wt event that wlll probably result In the transfer of fvnds to a thlrd party and the pATr¢>unt to settle the obll8atlon can be rneasured or e5tlmated relkbly. Credltors and provtsk￿ are nonnally reco8nlsef5 at thelr settiernent amount after allowjngfor any trade dlscounts due. Expendlture on ￿earch and de4*lowMnt 1$ wiltien off lft the year In whlch It Is InLurred. Monetary assets and Ilabllltles denomlnated In wffencles other than the fvnctknal curr•nLy of the charlty are translated at the rates of exthay wevalllng at the end of the reportthg perkxl. Transactlons In curren¢les otherthan the functlonal currenw af th• tharlty are record￿ * the rate of exthonge on the dat• that the t￿￿1¢110n o¢¢urr• AU exchange dlfferenus are are taken into accwrt kn arIm￿ at net Incomelexpendlturn. Where the tharlty énters Into a lease whlth entalls sul￿tantIallY au the rlsks and rewards of ownershlp of an asset, the lease Is treated as a fthan￿ lease. Leases whkh do not transfer sulmanllalty all the r15ks and rewafds of ownershlp to charfty are dasslfied as operatlng lease5. Assets held underflTran￿ lews are lftltlally reayilsed as assets of the charlty at thelr lalr value at the eptlon of the lease or. If lower, atthe prttent of the rnlnlmum kase payments. The correspondln8 Ilabllltyto the lessor ts Induded In the balance sheet date a5 J fin•nrn lease oblbtlon. Lease pyments are apportbned between fInan￿ expens￿ and redu¢tk>n of the lease obll8atlon so ￿ to achleve a corffjtsnt rate of Intsre5t on the remaInI￿ balance of the Ilablllty. Flnance expenses are Ised lrnmedlately. unless they are dlrxty attrfbutabk to quJlfylr4g assets. In whlch case they are iapltsllsed In accordance wlth the tharfty's wllcy on ljoryowing costs. A55ets hekl under finanR leases are depweclated In the same way as owned a55ets. OperatlTr8 kase paymnts are recwilsed as an experse on a str•l8ht41n• basis over the lease tenr In the wefit that lease Incentlves are fecefved to entsr Into op•ratlns le￿, such Incentlves •rn reciydnlsed as J Ilablllty. The a88regate benefft of I￿￿tIVeS Is reco8nised as a reductlon of r•ntsl eXpe￿Se IM a strnlght-llne bask. The thartty owrates a defined C0rtrfbuth￿ plan for Ils employee5. A defined ¢ontrlbutlon ￿an Is • penslon plan undar whlch the companv pays fixed c(mtrflxrt1o￿ Into a Se￿rate entlty. Once the contrlbutlons have been pald the company has nofiwther ￿Yme11ts obllgatlon& The contrlbirtlorffj are recognlsed a5 expenses when they fall due. Amounts not pakl are shown In atcrnals In the balance sheeL The assets of the p￿n are held separntely from the crynpany In Independentty admln15tered funds. All donated goods, faclUt*s and servlces recelved are r•co8nised wlthin Incomln8 resources and expendlture at an e5tlm* of the value to the charlty. Page 19 Ngt•s tothe Accouiits The company ts a prl¥ate company Ilrnlted by8uarantee and tonsequently dots not have share capltaL funds Totsl fthds Donatknns Jnd le8acles othertradl￿£ actwltles Iiwestments 27,393 710,173 363 54.748 27,393 710,173 363 54,748 7Y2.677 792.677 Charitible adhftles 566,3 102.107 6W97 3,143 S69￿33 102,107 Totsl 3.143 6n,640 124180 13.143) 121037 plmllloyses) 124180 13.143 121.037 124.180 13.143) I21￿3? Total funds forward 260.055 3,143 2&3.198 Tot•1 funds ¢•rrled frnnl 384,235 384,235 Tot41 29,582 29,582 29,582 29.S82 27,393 27,393 Tot•1 Totsl 1,124,562 1,124,562 L124,$62 1,124.562 710,173 710,173 Pa8e 20 Notss to th• Attounts Tot•1 2,911 2,911 2,911 2Jll 363 363 Total 561162 $4,748 Grnrt recelved. Bernlcl 2L875 2L875 2L875 77,937 56,062 54,748 Tot•1 EKpendlture on chorltoljle aafvlues L070,464 I￿A64 $69,533 Go¥rmonce ¢osts 1,070A64 1.070.464 569,533 Tot•1 Impalnmrt prth on dlsposal of Ilxed •ssets Legal and costs 820 1,719 154,170 154A70 101107 IS4,￿ 154390 103,826 Thls Is stated after char8ln Depredatlon of owned fixed assets 11 St￿CO>ts No empjryee receTrrfed emoluments In excess of £60,11￿ The overa8e numberof staff In th• yearwas 14 (2023.. NIL). Thetotsl rnmumratkjn of key mana8ement personnel dur1￿ the ￿arWa5 £7435012023: £NIL}. 820 L719 PaBe 21 PAdl¢tlons North East Land and Vthldes At l February 2023 Addltion5 At 31January 2024 201892 45.T15 247.667 206,892 45,775 252.667 At l Fe￿￿ary 2023 De￿ecIatIOn charge forthe L719 1,719 820 820 At 31 January 2024 Mrt bookw￿•5 At 31 January 2024 At 31January 2023 2,539 2,539 247,667 201￿91 2A61 3,281 250.128 205.173 33,615 33,615 9.667 omrwnts fallln8 due wlthln one year Bank lo•ns and ovethfts Other taxes and sodal le￿rIty lo.c￿1 1.757 lo.￿)0 32.187 46.246 7,490 17M •nThbnts fallln8 du• after more than oneyear Bank lo•￿ and overdrnfts 2L126 21126 3L126 3L126 16 Movomrt In luNIs At31 Onthan8 4lYX 21,875 21875 Total 2L875 2L875 Gortrd funth 381516 1213,117 IL225A54) 370,179 Tot•1 382,516 L234,992 IL225A54) 391054 Flxed assets Net currert assets Ctedltors due In m¢xe than one year and 250,128 14L177 250.128 163M52 21,875 (2L126) 12L126 370,179 2L875 391054 At31 Jwiu•ry Cash and cash W4Ub¥alerts 216292 216292 140,fQ9) 175fi83 140,609) 175,683 Bank loans 14L126) {41,1261 io.( iom) 13L126) (3L126) Net debt 175J66 (30.fth) 144,557 The company Is Ilmlted by Buardntee and has no share a￿￿1. thus no slngle party controls th• cornpany. Page 23 Iw th• yw•nd•d 31 Jarnwy 2024 Tot•1 fwmls Tatsl fundi 29,582 29.582 29,582 29,582 27293 27393 other1rad1￿ actmttes L124,562 L124,562 L124,562 L124.562 710,173 710,173 Investments 2,911 2,911 2.911 56,IhS2 54.748 2L875 2L875 24875 L234.992 77.937 54,748 L213.117 792,677 U170A64 I070.464 ImO.464 L070.464 569,533 569,533 WOA64 L070 464 569,533 Genernl admlntstratlve costs, Indudtr¥ depr•clatlon and amortts*lon DeprecFatlon of Freehokl Depreclathn of MotorV•hkl8s 820 820 L719 L719 Lwl and proknknnal costs Audltllndependent examlnation Ac￿n￿nCY axl ljookkeeplng Management char 2A70 I45.￿￿) 4,170 2A70 145,ll 4,170 ICq427 lo3￿26 673359 L22SA54 1225,454 Net plns on Inve5trnents Ilrt Incorne 112,3371 24875 119318 Pase 24 (12J37} 2L875 9,538 119318 Other Galns 111337) 2L875 9.538 119318 Total lund5 Ixou8ht forward 38U16 381516 263,198 370,179 2¥875 391054 382,516 Pa8e 25