Company Registration Number- 04929060 The Charity Registration Number is:_ 1106143 The Hearth Centre (Horsley) Ltd Report and Accounts 31 December 2023 Tho Hearth Centre (Horslèy) Ltd Report and aceounts for thé year end•d 31 Decembor 2023 Contents Page Charfty inforniailon Trust•¢$' Annual Report St4tement of dlrectors. rnsponslbllrlies Ac¢ountants' rèport Funds Statements... Stslement of Financial Aetivilies Statement of Financial A¢b"vits'es- Prior Year statement Movements in funds Revenue Funds Fixed Assèt frAnds Income ènd Exponditure account Summary of furKI8 11 13 13 12 14 13 Balance shs•t Not•s to th• a¢counts 15 16 Th• H•￿ C•ntre (Hornloyl Ltd Trust•g$' Annual Raportfar th• y••r ènded 31 0oc8mb•r 2023 R•lor•nc4 Klnd ¥dmlnl•hkn d•taAB re9i*oro6knEnwd&W*swtr*chtyCoThTd&ÈkninW*d&Vl4*%¢¢CEwj ¢h4rityrwrDbw1106143. 10 Oriobw20D3 ByopEt4lon ol*al, umbWI•rf. NE150NT T*thoTrts016$1 Vl•bIddr•56w**￿tshP1￿.Co￿k Da* D￿￿tr2•23:. Tf*trL*a•&wstrwqd4uatru¥i•sinVwwpNkngp&*U, I￿.￿appIl￿¢.￿￿d1￿5O1appQ¥ntrW*￿r GtyYo¢s* ¥è*o membgTS o1thgi*wty. Th• Hearth Cqnlr• IH¢ffsley) Ltd TrthMr.0492W80 TrustOe5'Annual Rewtfor th¢ y•ar ¢nd¢d 31 D¢cefflb8r 2023 andacY￿11￿afl￿ eh*lty T￿ H¢krthwaS $ÈtLVè5 a￿e¢l ol aè r•w#Èd aThJ ada￿ 19 My2rxM... 1. TOOd￿r￿tr￿C￿6t￿nr￿ ioprom¢*afaclkns kntslntw&%ls f￿￿r￿allDna￿ 01￿ *J￿t￿Otr4￿tol lltlrfE larth&s8￿ inhthtts. T￿ cWty* tytha dw r￿[d iotr*CW Commjv6bw' te￿ ard ¥6ureiw ltreG￿rIYIr￿Us Ms L*iectW5 ￿p0VIJeS 1hT0￿h arfrefyw￿s. andd4Flayspace ILY(reat￿¢￿￿$ts, ar•Ja T￿￿Id1￿j cofflr4gx¢ Glade 11 pub knèoftl*Beath¥*ts byilx*¢tsrity tsdl. bY1￿j1¥￿J￿&￿aThJ ILK Hearthopwawasa hyo ftfats. must. IErlagear•J ie9ecfu¢hftrtr* VBrtar3 ￿￿t￿p￿te￿la%￿de anddldren. *wBy5 tsIO&F4aybyr6sthrtArusts srè pÈni0thèY￿1t. proBrammoolperf(wmlry arts.4 programm8ofklks. ¥ré knal iryJp41dw15 to lh&￿IN1￿ onth dowffjumd￿ loc0v￿ hès i￿u3￿YbeOèftttrhKnarO￿ to b8 kntr¢¢afé Tr￿Art FaiL* f¥w•slty )u)tr* rwwlantartEts arhlvi&rtlro èAhlb*rysww• Ttr* c4#fp todo ￿1. r04vHLOtAAdY* SaWr*srtya￿ ￿￿rS ofHg1 rtlk*fo6. ¢knbs. Woioupl2022'.600 h'F+l9hlwJ*' ID2021 evab. n*c[aftT*m*treH￿h￿tcwtr4rffiLY0Cr￿1 to￿>￿￿ fr*to*ty•ln o￿T Weythed onttrE5p. W8st No28 Ctynmurlty K4r*5 Wwt Fts>J 8t0 wé ¢rynmwtyFLrfTean. 238ts05llW& ¢4dblal to woMrAe(Uactr*t￿ ￿￿e￿e9rat£hlIO.' RgWc9. Ali Trusle85 t￿bb￿Rob)ts Sockql The H••rth Centr• IH¢r•*l Ltsl Trusto08' Arnual R•portfor tho year ended 31 December2023 P4LWe 20ts. *rYJwthJ•n mI￿rd. TLE00￿ 9kn hoSUp￿1rvj Tr*Hestthov¥thBtirn•¥ ¥eVeryo￿￿1 I￿ Na#1￿1&* curtwMJ8d tOW￿k￿NhUS kn a yo1￿￿￿ry¢80?Cty$￿ r Wowekts¥ted 2 new Bo£tdmembers G￿2 and sth9nDLrk￿Ihwth look ontr WW¢SSh)r¢ ofint4iestt0i￿Tr￿?. •￿tha¢￿￿a¢0n1rI￿JtDL￿zte1￿g￿2o23.*¢4G0rn￿¥Tr￿I￿￿s4Thj Tho4nTrA rwlB8nd w*ontK￿O fNt*•yewaThY￿I be tOattEtwJ TN5tee meeli￿5 rt￿￿TCh￿Mmlt*reWÈse￿l1iIw• A wnLw o[0￿¢￿$￿r￿knJIo￿ldelnW8*th yiiY01, ath1gei*Trl, for FrèBAcwtsvW*tsis' $trJdiOS ts Tl* H**hC3tsw¢rwedtOgr¢wrfs rwJtskn8rMSwMlarty, ptodurj aré Whbtm(KWcharg85 gre medefN ¢MX•WJ5 wer• 20rJ PeC0e'è￿ Bulldlry• makèr8p* arl Gr* I11*￿bJ1￿tyS knLYthrto 2023 buldir@ C￿￿r0{7f￿￿$￿$I S￿￿d¢￿Ir¢eI9o￿ltt￿G3rp8rk. Tr I￿[m*￿arr￿1*sand4 r*wtrrK&sp3C8fortr¢p3rttlme Bolhcor*r￿￿ ar￿ ￿l￿eern are•5￿￿41 lQthe g(thr8patrQftr￿1dtyS ?nd gro￿th. PBrt bmeG8Wkwb)(WryO smèl them ￿￿&￿tha￿ld1￿oÈr omèoth faLYwJtob•rrf*tr* I￿￿ KorKJny36 Ptysibie. A Wr¥¢tynpanyY u5•j5L¢￿yXrf Weu5Q•9mAllfirm L*Kyof95$ky4l¢laÈ￿t0￿￿tV￿￿Vrt￿rrnPrl He&rthC• Er*4vffjllrnent J*èl En¥thn￿la Pdtyks rtsw6hwJwiFhai (kncer&rets)Ordlrntstrd% bÉenthVkIYJ￿ Po45hfv￿kls. to Th He•rth C•ntr• IHor8hyl Ltd Twstgts'AftThJal R•portfor th• y•ar end￿ 31 De¢•thr 2023 V(*JThMr$uprth cllffltrwBbPIO¥e¢N¢fraltO ltr¢ prov¥bffl S￿￿r•jOp?IS10 kgyides ￿r￿t￿nI01￿￿ -r215kg, grjrt ar(Al¢*￿. g*. I￿lsUn￿kht#1&rts, talks, gardthr¥ aré Lwldirys. ￿pp￿lor*￿ts.È￿rrtS.wo $maU pthol teguLlrv èSvrtcortMto O￿T￿¢ HewthC¥tr¢lHtysleyl LIMN￿ in oewal Attt￿￿￿Of2O2311￿￿brO 25 [nBMb￿S 129 ￿8￿￿22) Pd*. opwa1￿￿¥ré org3Wlh)rd dec6&y6are or Tiugttsy mi[￿￿ Trustees ern￿0￿5. unieers. Ybttorg, AThJ m£￿b￿s asandVh￿*pr0￿th. Tt¥ B(wd metmtytrdy(K#ry •23 The He¥rth AGllwA> Wd N￿￿￿bfir 2023. reasswry 13NknTrbers. Thdtyiorfay d4w5twJtu Cettrecwdvkn tytr¢ In2023'. ltr¢cowèCoNd￿OrWaS tsa*j￿ 15 Ttr¢Hgonhm8lnt8k¢ dtt¢¢i ¥r*swilhH¢rfelgyVl*t chxhiHVCI*￿l￿N0rt1￿rnSI￿d olt Utknl Rafumettctwrth W23 cltsHewJ LeasOand4n￿j￿I re￿ ty Heanh IOHVC ard Ihe lrfumd links wrAh*wNhoth8r8rtsand c￿￿ra 4xgaTh5auDr￿ 4yll*nth8 015￿￿1 Ghaillks NcrthbrnFiltl. No¥thEastArt lJtslS InNththMtwlaThJ. The ￿nhe￿orty M￿￿al￿anOThJ￿￿r￿aI￿tsr￿p￿ITh DnthBWallPrknarysctrrfxl. watktry on Th• Ileorth ¢*ntre IHornl•yl Ltsl CtsT¢aryR8hptiationNLillber.04929MO Tru$ts•$' Annual R•ptyi fr* tha year 8nrt•d 31 Dwmbor 2023 ￿￿k￿rg LLP.Tifft&Cwkn41, 32 ￿l￿¥￿Bil Tyn•. NEI 48F Tynb&Weai. NE11 Flnanclal Thechartys thmnclalpu1lll￿ •(the endortheyend￿)1 DoE•mb•i3023 pu8ih*ioFltr*chgrtyai 31 GfXTwrttiwf0rt￿ p•W. 95 rr E4•11neom• pwpwe50fLhetha￿ S,282 193 T•141FWO* 6.193 F1RaJ￿I01￿y1oWOf •¢th¢kw￿0 dat< 31 December2023. As sta1￿ intr* lntyodu¢titsl￿ltr4 rem. tolncre5¥9 im*sllrWts. bs19￿0f£10.0oO5S a Th• Hèarth Cwir8 IHorJhyl Ltd cthnwnyRa*straion￿rnbor.o4y1oOso Trnst808' Annual Report forthe onded 31 Décèmber 2023 Avallabiiityanolad•quJGyoff asjeta ol••¢h oFth• W8 use8 Cal&L￿5 prLthiS. Tt* mIr￿muM Slai￿r￿k r0VM￿ ty woless￿￿¥$.ATh I￿5￿d bwia¢trAgve¢ ￿ ¥ Tr￿41￿@￿￿Cat￿ tobp S)rth$ area. Th$ Ina$￿8￿10￿￿￿IIr1Sk In2012￿OrdBrt0 aryactkKA r*ea￿. Tr*ChBfty Risk MaFW¢rflormsd tr*lrnMewkofltr*¥thrt. arvoptiat8d￿nuÉ￿￿arO ￿en reWW￿ tsia C&XinulTrJ b3$￿. F¢w gxamrl8. ts H￿art￿sS8f￿￿rdIffj ieviQ4•J urthgd Snllrfr*tht￿ revtsed gu￿￿1￿$ In2014. Wè FlrsiAw*r Prlnclpal fvndlrysorHces In theyvwandhow tlres•wppwtlhpknytrbi*¢bves off the ehavlty. Th8rrfk￿p￿lu￿dir0 tttbetr￿r￿ 1f*>)mèfr￿lI￿ stsJb)s. cato. t0covqttr￿S￿rn. arl knry.lurm. Shjrttem. m￿nI01n￿lfI SJn￿Da •thty¥￿j98k9r￿rts L¥W4ry abltyto D•¢•ll•<4Th¢ Ind•p•nd•nt Exan￿￿or J RkllsFCCA Gthh•ad Tw•&W NE11 DJ Th*HD•rth C•rtrvlN•MknylLtd Report41 M￿soRP2005. FRS IQ25oRPIStslFm*￿¢1￿*¢OffM¢rtIed P￿ct￿￿￿rA(￿￿￿•ld 15, pfi•1¢nL 1025oRPISts￿￿mlOf PrxWc•t￿p¢cw￿tw4￿Oftlp￿￿￿￿cTra￿v$l Wf5. iasan¥hdidbyU¥BLlh l•iJ•rwry2Q1èJ, The Hearth Centre (Horsley) Lld Report of the Independent Examln•r to th• Tru8tee8 ol the charltable company on th• accounts for thè yOOf ended 31 December 2023 I report to Ihe Trusiees on my examina￿0￿ of the finandal stdtemants of Ihe tharftsble ffxnpany on pag05 11 to 30 lor the year ended 31 De￿ber 2023 whith hav8 b88n prepared in a¢e4rdan￿ %4ith the Charibe5 Act 2011 Ith6 Act) and lh8 Finar￿￿81 Rewjrfing Standard 102. (effective 1st January 20161 as m$yJffi￿ by FRS 102 SOF (Statem￿t of Re(*>mménd8d Pratllco f0rAcc￿nting and Reporknng by Charilesl 2015, las am8nded tyy the letin issued in October 2018 and appl5¢a￿e to all accounting periods begwnning on or after 1st January 20191, (The SORPI. published by th8 Charfty Commi5$ion England & Wales ICCEWI. and under Ihe hislthic*l cost nvention and Ihe ao)JJnUng polldes setout on page 16. ReSt*ctI￿ rosponslb115tlo8 of th8 Trust¢¢$ and th• IrKl•p•ndent Examlner and the ba818 of tho report A5 descrfbgj on page 8, you, the charltsble company's Trustee5, who are also the Dirwtors OF the Company for thg purpo$e$ of Company law. are reSpOn￿bIe for the prepardlion of th8 finan￿81 st8tÈments Sn accordanc* with thè Cornpanles Act 2006, the Charfles Aei2011 and all other applILx￿O law and wllh Unlted Kingthffl Generally Accepted AccouniirvJ Pra¢ti￿, appIl￿ble to 5mallw entities. and for ￿n9 sa*sfia Ihat the finanaal ststemants glve a Itue and fair Mew. The Trustees con5hkr lttat the audit requirement of s￿l0n 144111 of the Charities Act 2011 lkne Act) does ￿t apply, and that there is no r8quSrement In the memorandurn artiGle5 of the for the Ix)nduGting of an audbt. and that the accounts do not require an audit In accordance vAth Part 16 of th8 Companies Act 2006 and that no member or rn8mb8rs h8ve requested an audit pursuant to Section 476 of Ihe Companiès Act 2008. As a >n$ffju￿Ce, Ihe Trustees have elected Lhat Iho financ4815talernents be subjectto independent eyamination. H8ving satisfied mysdf Ihai the financ￿1 Statern￿ts are not required to be audited und¥ arty legal pto¥ision, othewse, and afy digible for Independ￿t exarninatson. it is rny responsibility to.'- al e¥amine the finanThal statements of the charity under Secbon 145 of the Act.. bl lolbw the appllcable wocedures In Ihe Dir8dons 9lven by th8 Charity Commlssion under section 14515Xbl of the ACL Ba818 ol Indepond8*)t ExamSnof8 Ststomant and 8cope olwort undartaknn I report in r95pect of my examinats'on of the charivs flnancial ststements Carri￿ out under 5145 of the knt. In carrying out my 8xaminat"on, I have follow&1 all the appllr*ble Dlrectk)ns glveTr by th8 Charity Commission urKler section 14515llblof the Act sellng (Krt the dutie5 of an Independent examNer In relatK>n to Ihe (x)nducbng of an Ind8P8ndenl 8xaminaUon. An independent 8xamination indudes a r•￿8￿ of the accounts.ng records kept by th8 tharitsble ci>mpany and of th$ aCLY)unting systems emplowj by the charytabb (xjmpany and a ¢otnparison of tho finanial 5taternents p￿sented with those records.11 also includes consideration of any uwsual item5 ¢r dlsclosures In Ihe finanoal stalements. and seekiftg explanations from you, as Trustees. o)nc8ming maiters. Thè purpose of thé èxaminatton is to 8st8blish as far as ptsssiblè that thérè hsvè be￿ nts breache8 of cha￿ty legislation and thaL on 3 test ba515 of wdence rdwdnt to the amounts and d15cJ05ure5 made, the finaNGial stst8ments comply ￿￿th th8 SORP. procedur88 underi¥k8n (*) not wovvJ& all Ihe evKlence Ihatwould be re4uir&l in an audit, and informatK)n Suppli￿ by th& Tru$tees In thè of Ihe ex4mlnaUon ts nol sui¥eded to audit tests (K enqulrles and doo5 not (x)￿r 811 thÈ m8ttérs that an auditor would Mnsider in drri¥iro at an Opin￿J￿. The plaDning and conduct of an audit goes bewnd the limiied assuran￿ that an independent ey3rnlnaUon can provkle Con5equentty. I do not e¥pYe55 an audit cpinion cn Ihe ￿eW glven by th&financi81 statem￿ts. anrl ITr particu18r, I expres$ no otynion a5 to whether the finanGial 5talement5 give a true and fair of the affairs of ihe tharity. and my rek¥)rt is limiled to Ihe rnatters set out in th8 Slatem￿l bdow. I p￿nned and perfomad rny examination so as to satisfy myself that the Obl￿bve5 of the independent examinabon ar8 achi8v•J bafore flnalising tho rewrt l obtained ￿[(9￿ assurance5 froffl the Trustees of all materfal matters. The Hoarth Cerrtre (Hors10y) Ltd Indop8ndent Examln•f$ 81at•m8nt, Roport and Oplnion SubjeGt to th* limltattons upon Ihe s¢q)¢ of my work a8 d8tsUed above. I have (xJmFl8ted my exarninHtion: 3￿j confirm th8tr.- Th8 acoJunt5 ofthis charrfaN$ ¢ompany are mt wuirgj to be audrted undw Part 16 of the Ctynponles A¢1 2006.. This is a report ill Tespect of an examination carried out under 145 of th8 Act 8nd in actordan¢8 %%lth DIre￿On6 glven by the Charity Commi$sKJn und8r Sec*£￿ 14451(bl of the Act which may be applICa￿e. and that no rnatW81 have coma to my at16ntion In eonnectlon lh¢ eyAmination ￿n9 m8 caw to believe that in any tnaterial respecL'_ actt>unts"ng re￿rdS were not kept in respect of the thaAty as requlred by S80ti0Th 386 of tho Companies A 21X)6 and &rtion 130 of Th& Charfl8s Act 2011,. the finanual 8talements do not a¢tr)rd those ffjfX)rds', or tha finanoal stataments do not cJ)mply with the appli¢xblg requlr9ments conc8mln9 the form and c￿tant of ac¢>JuTrts set out in s8ctOon 396 of Ihe Companies Act 2006 other than any réquirement that Ihe accounts give 'tru$ and fai¢ vi*, whfjch k8 ￿t a matt8r considerell as part of an Independeniexamin8lJon,' have not bew prepared in aC￿)￿anCe vAlh the melhods and wncipl&s seiout In the FRS 102 SORP IststsM￿t of R￿mMend￿l Practice for Accounting and Reporting by Chadoesl 2015. las am8nrt8d by thg Bulletin is$u￿J in Oclob8r 2018 and applicabl8 t¢ all acwuntlng perf￿5 bryinning on or after 1stJ8nuary 20191, IThe SORPI. I have no L¥)ncÈm$ ar¥J have c¢m& across no other mattar8 In o)nnection wlh the examinalKJn to attenli shLxJld be dra￿ In th15 rep￿1 in order to enable a twtwunderstsn¢lng of thg finanda statsments to be reach8d. s￿ned..- Mr J R Mills FCCA- IndépÉndÈnt Ey2min8r Membar of the Assooaoon of Chartergj C8rtfft8d Acwuntants B3 Klngfisher Hous• Team Valley Gatesheaé Tynt & Wear NE11 OJQ Thi8 report wa$ sign￿ on 22 Octob8r2024 10 The Hearth Centre {Hornley) Ltd . Ststement of Flnanclal Activllles for the y¢ar ended 31 Docembor 2023 Statement of Flnanclal Actlvitlos (Includlng the Income and Expenditure Account for the year onded 31 De¢•mber 2023. as required by the Companl•s Act 2006) 80RP Cumniyw Rof UnM8iYl¢ted Funds CurTPnt Rastrf¢t Funds CuN¢ntyear T(*al Fund PrfLYYw Total Fun 2023 Incomg & Endowm•ntslrom: Donatr)ns & Legaoes Charitable adivibes othertraing aC￿VitieS Other A1 43.910 39,701 191 285 43,910 39,701 191 285 14,321 36,270 1,640 518 Total InGorng 84,087 84,087 52,749 Exp•nditurn on: Raisiry fund8 Ch8ritsble aCtiv￿e$ 81 B2 782 49,603 49.603 48,000 Total OXP8•Mlltur 50.385 50,385 Net Incomg for thè yèar 33,702 33,702 4,20D Not In¢om• aft•rtran8fors B¢ 33.702 33,702 4,260 Not mowmgnt In fund5 33.702 31702 Rwinclllatlon of funds:. Totsl funds brought forw•nl 6.193 6,193 Total funds ¢arrfod foThvard 39,895 39.895 6.193 Th¢'SORP Ref Indkated above is the classrfication of incA)me selout in the fomal SORP documents. As required by paragraph 4.60 ofthe SORP, the broughtfOrWa￿ and carried forward furKI8 above have been ag￿ed to the 8alanc& SheeL A 88P8rate Statetnent of Totsl Recognisgj Gain5 and Losses is required as this staternent indwlè8 all recognised gain5 afKI k)sses. I the prior year trans￿￿Orts were unr8Stricl* itgrns. and rn further anatysis r& rgquirè AJI activibe$ deriva from continuing operations Th• notes attach•d on pages 16 to 30 forni an Intogral part of these accounts. The Hearth Centre {Hor8ley) Ltd- Ststement of Flnandal Activities for the year ended 31 De¢ember 2023 The Hearth Centre (Horsley) Ltd - Resour¢es applied in Ihe year ended 31 December 2023 towards fixed assets for Charlty use:. 2023 2022 Funds generatsd in the year as detai18d in Ihe SOFA Resources appl￿d on functional fixed assets Olher applications of fuThJs 33,702 134,7151 18,4551 Not rosour￿ avallable to fund charilabl? athitigs 1,013 4,195 The 16$0urc*s applled on fix8d a55ets for¢harity use ￿pr8sents th8 COStof adérfions less proceeds of anydisFA)$81& The notes attsch•d on pag•s 16 to 30 form an intagral part of theso a¢¢ounts. 12 The Hearth Centre (Hornley) Ltd - Statoment of Financial Activlties for the year ended 31 December 2023 Movements in révenue and capltal funds for the year ended 31 Decembor 2023 Revenue accumulated funds Unre5trfct Fund¥ Tot Funds Ltstyoar Tot￿ FundB 2022 Funds 2023 2023 umulat8d funds brought forward 5,282 $,282 1398} RecD9nised gain5 and losses before trartsfers 33.702 33.702 4.260 3B,984 3.662 (Fromyfo Un￿Str￿1ed tevenue lunds 911 911 1,620 c￿￿Ing r•¥enu• funds 39,895 Flxod assot funds D88lgrwt•d R86trfct8d Funds 2023 Total Fynds Last yaar T(tsl Fur 2Q22 At 1 January Transfer Itovfrom revenug fund8 911 19111 911 19111 2,531 11.6201 At 31 De¢•mb•r 911 Th8 purpos85 of the transfeB to fixed a55etlunds are dewbèd in Note 21 to lh8 accounts and urnlerthe a¢¢ounting policy'Accounting for ¢apitsl grants and fixed ass&tfunds'. Summary of funds LastY•wr Total FthdB nd Do¥lgnlltqdfund8 2023 Fund¥ Fun 2023 Revenue ac¢umulated FLxed as$gtfvnds 39.895 39,895 5,282 911 Total funds 39.895 39,895 6,193 Tho noto$ attached on pago$ 16 to 30 forni an integral part of th•se accounts. 13 The Hearth Centre {Horsley) Lld - Statement of Flnanclal Aetlvitles for the year ended 31 December 2023 The Hearth Contre (Horsloy) Ltd Incomo and ExpendItU￿ Account for the year ended 31 December 2023 as requlred by t Companie$ Act 2006 2023 2022 In¢om8 IncL)me from operatk)ns 83,802 52.231 Investmenl irthme other operating in(x)rna 285 518 Gross in¢om* h tho year before •x¢oplloftai It8m# 84,087 S2.749 Gloss Incoma In tha yèar kncludlng excoptional Ii•m6 84,087 52.749 Expondlturo GhJftlable exp8ndItu￿. exGILKYirKJ depreciation and arnorbsation Depreaation and amorb"sation FUnd￿lS1n9 costs Govemancts costs R9ali88d105ses on disrM)sals of social Inv8Stm8nls which aro programme rel8t8d 44,073 4,064 782 43,777 2,457 1.766 Total •xpendlture In the year 50.385 Net Incomo b¢forg tsx in the flnanclal yoar 33.702 Tax Dn surplu5 on ordinary acliwb85 Net Incom• aft•rtax in th• financlal year 33,702 4260 R•talnod $urplu$ for the financial year 33.702 4.280 Al activities derive from continuing op8rations In aco)rdance with the provisions of the Companle6 Act 2006. the h8adings and subheadin9s usgj in the Incorn? aTrJ Exp&r￿ltUr& account have been adapted to refie¢ithe special natura of Ihe charitys a¢tivtbes. The noles attached on pago5 16 to 30 fomi an Integral part of thesè aeeounts. 14 Th• H•*th Cgntr• (Horswi Lld. BthTrlle Shw a$ •t31 De¢embw2fj23 NthR 11 hz 15225 12 82 2.441 2.347 51.956 31A31 303 4S.810 21,$44 18h•3 67A20 33.718 ¥worwJveèr 14 C2 12T.WI 127.5251 Th•t¢lwA rnl*tht•otth•(*Arlty Q19S 10 DI 5,282 S9￿ &uz J•m5 dOC￿nts M IWuir•Y bypw*wh4.eO￿￿saftp.fv ÈbttyM477￿￿ekn￿￿SA¢12l OTrPfiBe IQ. Tntyts 1S Th• Hearth Centre (Horsley) Lld Notes to Ihe Accounts for the yoar onded 31 Docomber 2023 1 Accounllng pollcles Polkl•s rnl•tlng to the production of tho accounts. 88sSs of proparatlon and accounting conv•ntion The accounts have been prepared on tre accrua15 basis. uncler the historieal cost ¢onvention, and in accordance wrth ihe Financial Rewting Standard 102, leffeclive 1st January 20161 and'FRS 102 SORP ISt8tement of RecomrnerKYgd Practicefor A¢￿UntI￿ and Reporting by Charities) 2015, la8 arneThJed by the Bktlletin issued in October 2018 and applicable to all accounting p8riods beginning on tsi after 1st January 20191. (rhe SORPI, published by the Charity Commisslon in England & Wale5 ICCEWI , 8ffedive January 2016, . ènd In ac￿dance wth all appllcable law in th8 charitls jurisd￿tiOn of registration. except that the charrty has prepared the financial statements in accordance with the FRS 102 SORP IStatem8nt of Recommend￿1 Practice for Accounting a Reporting by Charib'es12015. las amenoed by the Bulletin Issued in October 2018 and applieable to all ac£ounlyng peri(xAs beginning on or after Isl January 20191, (The SORPI, in prefe￿nce to the previous SORP, th8 SORP 2005. which has bean withdrawn. rthithstanding the fact that Ihe gxtsnt statutory regulations, th8 Charibes (Accounts arwj RerM)rtsl R9gulations 2C()8 refer eXPl￿tlY to the SORP 2005. This has been done to accord with Current b85t practice. Golng Con¢•m Thg charity is deFeThdent on thg ¢Ontinulng support of Horsley Village Church who have pro*lded furKling of £27,525 and as a consequence th8 going concem Iiasis is also dependent on the continuing suppjl ol Horsl8y Village Church. Other than these matters. the Trustees are not awar8 of any material uncgrtainties aLw)ut the cmaritys ability to conlinufr as a eoncem. Rlsk8 and fulure wumptions Thg tharity is a publlc ber￿1 gntity. Th8 Tnjstees have a risk menagement strategy whlch compris88.' - an annual review of the ri$k8 that the charity may fa¢e' the 85tablishment of systems and wocedures to mitigate those risks identified in th8 plart.. implementstion of pro¢&Jures to minimis8 any potential impact on th8 charity sfv)uld those risks rnaterialiso. Poll¢les relatlng to categorles of Incomg ond Incomo recognltlon. Nature of In¢om8 Gross inoJm8 represents the value. net of wdlue tax and dI8￿un￿, of wods wovid&J to customers and work carried out in resp8Ct of $8Mces prov¥d&J to custorners. Categorles of In¢om• In￿rne is Cat￿onS￿ as Income from exch8nge tTrn5actKJns Icontract incorne) ond incorn8 f￿￿ rl)n￿¢harye trartsactions Igfftsl, imiestsllent income and other irKome. Income from exchango tr￿$?¢¢i0n5 is r8C8iV8d ty the charityfor g¢*MYs or serwo￿ suppliul under contract or where entitlement is subject to fulfilling performance relat&Y conditions. Th8 income the charity receives 18 approyimatety ￿Ual in value to the goods or servicas supplled by the charity to th8 puichaser. Incomè from a non.exchange transactlon is wh8r8 the ch8rity T￿lveS value from the (k)nor ￿t￿ul providlng equal value in exchange. and includes donatK)ns of rrvjney, go￿$ aTyJ serviw freely given without giving equal value in ex¢haTr3e. 16 The Hearth Centrg {Horsley) Ltd Notes lo the Accounts for the year ended 31 Decémber 2023 Income rocognltlon Incorne. whether from 8xthange or Njn exchang8 transactior6. is recOgnis￿ in thg Stalement of flnandal activities ISOFAI on a rwklv8b18 basi5. when a tran$a¢tion or other event resulis in an increase in th& chafitls assets or a reductv)n in its liabiliti8s arKI only when the charty has legal enb"tlemenL the income is probable and ¢8n be measur Ilably. DMdeThJs are accrued when the $ha￿hOkj￿s ri9ht ¢0 payment is estslJish¥J. InC￿rne s&)Ject to t8rrn5 and ¢onditiorts which must be met before the chowity is ￿t￿ed to the re80ur¢95 15 not until the Cor¥J￿On$ have been met All incAyne is account8d lorgross. before deducting any relabj fees or costs. A¢winting for daf•rr•d Income and inwno r•e•lved In advance Wh8r8 terms and condrtions relating lo income have nol been or Un￿rtaInty exsts as to wh8thgr charty can meet any tern￿ or ctsnditi.ons otheNse within its (x)ntrd. ino)m6 is not recogniswj but is as a liability until it is probable that th8 term5 or conL1itions imwsed c8n ￿ met. y grant that is subject to perfomiance-related Conditio￿ recelvgd in advance of delivering the g1￿ servi￿$ uired by Ihat conditv)n, or is subject ¢0 unrnet conditions wholly outsHYe the control of Ihe recipient charity. is accounied for as a liability and shobvn on the balance sheet as dèferred income. Deferred incx)tn8 15 released to income in the rewJrtlrKJ peri)d In which the p8rfo1mance-ie1a￿ or other ¢ondilions that limil reCOgn￿On are m8t When income from a grant or donation has rKrt been reccvjnised due lo the (yjnditions applylrvJ to the gfft not being wholly within the control of the reapient charity, 1¢ is disclos￿1 as a contingent asset rf receipt of the grant or donats'on is probablo once tt¥)se rAN￿llionS ara met. Where time relaled oorKJitK>n5 are imFM)sed or Im￿led by a fut¥Jer, then the In￿rne is apportion￿ to the time perKJds conoerngoJ,and, wh8re applicable, is a¢¢ounled for as a liability and sFK)vm on the balance sheet as (Seferred income. When grants are T￿￿Vad In advance of the expenditure on th6 actlvity funded by them, but thwe a￿ no s￿￿rIG time relatad eondltions. then the incoffle is not deferred. Any coThJtson that alkjws forlhe recovery by the donor of any unexpeThJed part of a grant does mt prevent reeognthon of the inco￿￿ (x)ncerned, but a lia￿lIty to any repaym￿1 18 ie¢ognis&J when repayment bewmas proba￿8. Polici•s relatlng to expenditur• on goods and serwlces provided to the clh7rlty. Recognition of IlablllUe$ and exp8ndituro A liaknlity, and the relat￿ ewdituie, is rÈ¢oJnised when a legal or ￿nstrUctive obligation exists as a result of a past ev8nt, and when il is MO￿ likely than not ihat a transfer of economic benefi'ts will be wuired in setuement, and when the a￿Unt of thg obligatton can be measured or religNy esb'matoJ.. Liatsliti8s arising from future funding commitments and con51ructive oblig8tk)ns, Induding pèrformance related grants, where the tirning or the aTh)unt of the future expendilurtr loquir￿ io settk ttte otAigation are uncertain, give rise to provjsion in tho accounts. whith is reviewed at th8 accountiro year end. The provision is Increas￿ to refiect any incr8as85 in liabil￿'eS, and is decreased by the uts"lisation of any prowsKJn vAthin the period, aThJ r8ver58d rf any prOv￿lon is no bng8r required. Th¢sts movements are Charg￿ or Cr￿lt* to tha r&sp6Ctive funds and activities to whth th8 promsion relates. Voluntsgr• In accOrflan￿ with the SORP. and in recognitB)n of the dhFFteulties In pladro a monetsry valug on the contiibut¥)n vdunt8815, the contribution ol volunteers is ￿)1 indu¢Je(I within the income ol the charity. However, the tntstees value the signrficant ¢ontributDn to thg activttigs of the charity ty unpaid voluntsws and this is describgd rnOTe fully in ￿te8. 17 The Hearth Centre (Horsley) Ltd Notes to the Accounts for th• year ended 31 De¢ember 2023 Pollcles rglatin9 to assgts liabilities andprovlslons and other mallers. Tanglble fixedass•ts TarvJible fixed 8S5ets are me86ur•l at ttteirorf9inJ rx)st vgluè, or subsgqu9nl rawaluation, or rf donat8d. as describwj aLN)ve. C08l valu8 includes all costs expend&J Sn bAr@irg the asset into its int8rwJed w)rtirMJ condition. Depr&btion has been PrOwd￿ at the followiNJ rates In order to write off th8 85sets to their anti¢ipated ￿Idual value 0￿r th￿r asilrnated us9ful lives. Leasth)Id Land and Buildings ant machinery 5 % str8ight Ilne 25 % ieduciro balance A regular annu81 revi6w ol the 1ikelih¢X￿ of asset impairment Is urK18rtak8n. Accounting for cWtsI grant8 and fix•d asset funds. Grfts of tang¥ble fixed assets or grants of a capital natu￿, given for the pmes of a¢quiring 5p8cific assets to be fully utilis￿j in ihe furtherance of th8 objects of the charty, are cr8dit8J to fixed asset funojs after the donated asset has b88n received or sums have l)e8n property expended on Ihe r8strict8d pury)se. Where the terrns of the gift rrfuire the charity to hold the asset on an ongoing basis for a specrfic purpose. then the fixfa asset fund so Creat￿ is Categoris￿ as a r85tricted fixed asset fund. and the ￿levant restrictsons are in the15x￿ asset Th)te 11. Wher8 the tarms of the gift arg met on¢8 th8 a5S8t is ac4Juirod. so allowing the charity to us8 the asset on 8n unrestricted ba51$, includir#J th8 right to receive the pro￿d9 of any future sale ol the ass8lon an unr8StrthJ basis. then thefixed asset fund so cre8t8d 15 cat4orised as a deslgnated fued 8ssetfuThJ. Wh8n assets are acquired for the furthgrance of the charitys objects, ubli$ing th8 charitys (￿n Unrestrict￿ fiJThI5, a transfer is made frorn unrestricted furKls to 8 d8signat8d fixed asset luThJ. Whether acqulred wlth unrestricted or restrict8d funds. the asset acquired 15 initially slvjwn in the balan￿ sheet at th8 full c05t of aCquistt￿fi or subsequent revaluation. As the r8latwJ assots are ¢Ye[wiat￿, in accordance wtth the depreciatron policy,in order to rellect the dimunbtion in the asset.8 transfer is mado from the relevant fix8d 88s8t funds to ofthèr unrestri¢ted or rgstrictad revenu61u￿ls, as appropriate to the temis of the Or￿inal glft, if any. Th8 effect of this k¥Jlicy is that the aggre9ate of all tred asset funds shall equate io the net book value of fix* assets. In th8 first yeai that this ￿lIcY was adopted, a transf8r to fiwj assat funds was mad8 8quiva18nt to Ihe net boDk value of th8 assets. Any residual liability to the (k)nor aii5iThJ from, for examth. the assefs future sal&, is ¢Jisclosed as a contingent liatylity unless the event that would trigger repayment of the grant ￿orneS probaue in which casa 8 li8bilityfor repayment is recognised. In50far a5 thi5 policy rdates to Govemment grants and to th8 8Xt8nt that it may be a departure from Ihe FRS 102 SORP IStst¢ment of Recommended Practice tor Accountiro and R8W)rting by Charities) 2015. las amerKJed by tho Bullets'n ISSU￿ In October 2018 and 8pplirable to all aceoLtnting peric￿$ beginniro on or 8ft8r 1st January 20191, IThe SORPI, such departure is justrfied on the basis that il is in order to complywith the SORP. Debtors Debtors are rneasW￿ at their rw)verable arnounts at the balance sheet date. Credltors ab)d provlslons Liab41rties are rèL*gni$6d on the accruals basi6 in acwdance with normal accounting principl66, mcKJrfied where necessary in aC￿rdance wfth tha guidanca givon in th& SORP. 18 The Hearth Centre (Horslay) Ltd Nolos to the Accounts for the year ended 31 Decèmbor 2023 Lea•lng and hir• puYcha8e COntr￿ts and commltsn•nt# Assets hgld undar linance18858s and hire purchase contr*S, whlch are those Whe￿ substsnkn.ally all the risks and rewards of ownership of the asset have p85swI to tha charity. are capitslisad in the balance she8t atKI depreuated over thwi ￿￿tsfUl lives. Thg ¢x)rreswThJing lease or hire purchas8 obligation is treat￿ in the balan￿ sheet as 8 The in¢er88¢ elernent ￿ th8 rental obllgations is charged to the profit and loss account overthe p8ri0d of thè lease arKY represents a ￿rEta￿t proportion of the balance of capital repayments outstanding. R￿ts1$ p8id und8r operatsng leases we ¢haTgéd to incy)me on a 8tr8igM linè basis over the leas8 term. Fund Accounting Unr85tricted luThJs are available ft)r u58 at the disuotH)n of the trustees in furthorarte of the g8n8ral objectives of the charity. DesvJnated fund5 are Unrestrict￿ funds earrnarkal by th8 Trustees for particular purN)ses. Restrictsd funds are grants aw8rded by fu￿8r5 5peufic Co￿1¢10n$ attached for the use of the I￿￿8. Ther8 are no 8ndowtn8nt funds. 2 Llablllty to tsxatlon The Trustees con5id8r that the charity $atisfie8 th8 t8stS out in P￿agraph I s¢had￿e 6 of the Flnance Act 2010 lor UK corwration tax purwse5. Accordingly, the Ch£rity is rotentr'ally exempt Irom taxation in respecl ol in(x)me or capital gains recgved within ¢atwwries covered by chapter 3 part 11 of the CorpK)ralLon Tax Acl 2010 or SÈction 256 of Ihe Taxation of Char9eable Gains Act 1992, to the extent that or gasn5 a￿ applied exdusively on th8 specific charitable objects of the charity and for no other purpose. Value Added Tax is not r8e0v*￿16 by charity. arKI is therefore indudsd in the relevant ￿$ts in the Statemanl of Financial Activities. 3 Windin9 up or dlssoluilon of the charlty If urx)n wndiry or dissolutK)n ol the charity tI￿re Temain any assets, aftw the satisfaction of 811 debts and liabilities, the assets represented by the accurnu1al￿ fund shall be transferred to some other charitsble t(Mty or bOd￿S hawryj simllar objects lo the charity. 4 Signitkance of flnan¢lal Instrumonts to tho charity's posttlon The Hor$ley Village Church prOV￿e￿ the company with a 10 year interest free loan of £27,525 in 2004. Tho company received conf4miatson that this k)an has bew roll￿1 ov6r for a furthar 10 y8ars on the same int8r85t fr88 térms. s Not surplus b8foro tax in tho financial year 2023 2022 The net suwlus belor8 lax in the financ¢al yoar is stsled aftw charging:_ Depre¢iatDn of owned frxed assets 2,457 19 The Hearth Centre (Horsley) Ltd Note6 to tho Accounts for the year onded 31 Dec•mber 2023 6 The contributlon of volunt••rs As disclosed within the TTU8t8es' Report. the Charity d￿endS on support of ils volutTtaers. wlNch is rn￿h appredated. The arra￿arn￿*S with volunteers are drfficull to value ry8CiS81y in mnetsry terms and have rrf)t b8en recognis￿j in the Ststembnt of Financial Activitses. volunteers aThJ the chafty accept 8gr¢8 that Th) contrad of grnF*)yment ts ¢￿at￿ by these arrangements. 7 Staff costs and gmoluments Sa14ry¢0sts 2023 2022 Gross s￿9￿6$ &xcluding Iru51e85 aryj key managernent personnel 11,647 12,585 Total ￿larI￿& wag•s and r•l*d Costs 11,647 12,585 Numb•rs of full tlmg omploye￿ or full tlme ¢qulvalenl¥ 2023 2022 Thè avèrage numberof total staff efflploygd in the year was The awage number offull thme staff em￿0Y￿ in the year was The esUm?ted wulvalent numb•roffullUme sl•ff deployolin diffw•nt acuvlues In the y¢or w•$.'. Engagea on managornent and adminlstraitr)n The •stlmat•dfiMI tlmo •qulval•nt nunlber 01811 staff e￿￿0y8d as abov• Neither tha trusteos ￿)r any persons Connect￿ with th8rn hav8 T£￿Ved any remuneration from lh8 charity or any r81at&Y 8ntty, either in the curmt or prior year. No employees eNK)lumants l&xcluding pènslon costs) In excess of£60.000 p8r annurn. 8 Remu￿ratiOn and paymonts to Trusts9$ and persons conn•cted wlth them No trustass or pèrsorts connected bwth them ￿￿Ved any rernureration fr(xn the charity, or any related entity. 20 Tha Hearth Centre (Horsley) Ltd Notes to the Accounts for the year ended 31 December 2023 9 Deferred In¢om8- Uniestrictèd and Designated funds Cuffent Ye Op8nlng DefeThals Rèleased ReGeived Deferred from prfc 195& r•lea8od Irb yoar •tyear end Suryjry items £1( Gr￿95 FourKlatK)n Northumberfand Councty Council- Covid Support Ecdesiastieal Insurance Group Co-op 2>24 Grant 2.133 1.(X)O 13,853 2.133 1.000 13,853 1.697 1,697 Totsl 17,986 17.986 1.697 1.69T 2023 2022 These doforrals are Included in cr•ditors 1,697 17.986 Prlor Year OpAnlng Dof•rta16 R•le•sod ReGelved O•f•Yrod from prlar less r•1•a￿d •tyear end In yepr Sundry items under £101X> Greggs F¢XIr￿*￿)n NOrthuMberfa￿ Councty Council- COVKI Support Ecclesiastical Insuran￿ GTDUP 2,133 1,0(X) 13,853 2,133 1.Th)0 13.853 1,000 Total 17,986 17,986 2022 2021 The88 d6lerrals arn Includ•d In ¢redltors 17.986 17.986 The deferrals incl￿￿ in cr￿ltOrS r8lat8 lo funding spectfied by the funders as relating to SP9cific period5 and repr858nt those part5 of unre$tri¢ted funds which relat& to P8ri0ds subs8quent to the accounting year and ar8 treated as grants in advanee, or. amematively. where there are conditions which wnust b8 fulfilled prior to 9ntit1eff￿nI or us$ of the unrestricted funds by the charity. 21 The Hearth Centre (Horsley) Ltd Noles to the Accounts for the year ended 31 December 2023 10 Doforrgd income- Restrictod funds R4oo50d from priar Y￿r¥ R￿e1V•d Delerr•ls Its8 releA9•d •t ywar end irt y•ar Sundry items under £1000 DPD Environmentsl The Barbour Foundath)n The Rothley Trust Karbon Horr)es The Nat￿)nal Lottèry NCC EESITY 1.050 1.0(K) 1,IXJO 1.000 1,000 18,354 18,354 2.500 920 920 Total 23,404 23.404 3.420 3,420 2023 2022 Theae daferrals art I￿luded In Crediiorn 3,420 23,404 Openln D•f•ryal6 from I￿8 released •t￿lroAd In year Sundry items U￿*r £1C(X) DPD Enwronmentsl The BartK)ur FOU￿8￿0￿ The Rothley Trust Karbon Hotne5 Th• NatN)n81 Lottery 1.050 1.0(M) 1.oc 1,050 1,000 1,000 1,000 18.354 18.354 Total 23.404 23.404 2022 2021 Tt*ge deferrals are included In credltors 23.404 5,050 Th8 defettals Included in Cr￿ll¢￿3 rel819 to fundirKJ spec￿ed by the funders a5 r8latiThJ to speufi¢ pericAI5 represenl th058 parts ol ¥estricted funds which relate to pe￿tt$ subsequent to the ￿)U￿r￿j year end and are treated as grants in advance, or, anematively.¥there there are (x)nditions which must b9 fulfillgj prbr to antitlèmont or use of the restricted funds by the charity . 22 The Hearth Centrg {Horsley) Ltd Notes to the Accounts for tho y•ar ended 31 D0￿mber 2023 11 Tangibl• fixed assots Larld and Bulldings Plant & Machlnery Motor Vehleles At 1 January 2023 Additions 238,418 34,254 270.507 34.715 At 310e¢ember 2023 270.672 34,550 30S.222 Otpreelatlon At 1 January 2023 Charge for the year 228,565 2,106 26,717 1,958 255,282 At 31 December 2023 230.671 28.675 259,346 Ngt book valu• At 31 Docombor 2023 40.001 5,875 876 At 31 D•c•mber 2022 7.853 7.372 15225 Land and Buildings Plant & Machlnery Motor Vehicl Total 01 January 2022 Add￿On8 228.566 7,852 33.486 262,052 31 Doc8mber 2022 236N18 270.507 Depreclatlon 01 January 2022 Charge forthe year 228,565 24,260 2.457 252,825 2.457 31 December 2022 221565 26.717 2S5282 Ilol I￿k valu¢ 31 Deeember 2022 7,372 15.225 31 December 2021 9226 9.227 12 Debtors 2023 2022 Trade debtors Prepayments and ￿C￿Jed ino)rr other debtors 654 1,613 174 1.815 2.441 2,347 23 The Hearth Centre {Horsloy) Ltd Notes to the Accounts for the yoar ended 31 December 2023 13 Credltors: amounts falllng duo within one yoar 2023 2022 AccruaL% Deferr&J InCon￿- Unrestricted & d&8ignatsd funds Deferr￿j Incotre- Restricte(I lunds Oiher C1￿￿OrS 3,870 1,697 3.420 900 3.520 17.986 23.404 9,887 45,810 14 Creditors: amounts falling duè aknr on8 yoar 2023 2022 Oth9r creditors 27,525 27,525 15 Income and Expendilure account summary 2023 2022 At 1 January 2023 Surplys after tax for the year 6.193 33,702 1.933 4,260 At 31 December 2023 39,893 6,193 16 No rglalod party transaction$ In 2005 the ch3ityAcquired f￿ad assets from Wrsley Village Church for£186,911 and *as granted a 23 ￿ar ￿age of premi¥95 by HO￿￿Y Viligge Ch{￿h al an annual rentof£6,ODO perannutn. In Ihe Iigm of th COVltk19 restrKtK)rksthe rent *duced on a t8mp)wy bays. 17 PartiGularJ of how parti¢ular fund8 ar• represented by assets and liabiliti•s At 31 Deeember 2023 UMe¥trlthd Deslgnatad fund8 fund$ R•8tri¢tsd Total fund¥ Fund¥ Tangible fixed Assets Current Assets Curr8nt Liabililies Long Terrn Lwbiliti85 45,876 31,431 19.8871 127.5251 45.876 31.431 19,8871 {27.5251 39,89S 39,895 At 1 January 2023 Unre$trfcied Doslw¥tod funts knds Ro8trfdgd funds Tot81 Funds Tangible Fix9d A$5ets Current Assets Current Liaknlities LO￿ Temi L￿bilit￿$ 14,314 64.303 145.8101 127,5251 911 15,225 303 145.81QI 127.5251 5,282 911 193 24 The Hearth Centre {Horsley) Ltd Notss to the Accounts for the year endod 31 December 2023 18 Change in total fund5 ov•r th* yoar as shown in Note 17 . aTralyS￿ by Indlvldual fvnds Funds brouth¢ Movernent In forward frum thjnds In 2023 Transf8r8 Fund5 carrtèd forward to funds in 2023 S•0 Note 1* See Nots 20 Unrestrici8danddv$ign&ted fvnds.". Unrestrtcted Revenuo Funds Dgs*nated Fixed Asset Funds 5,282 911 33,702 911 19111 39.895 Total unrèstiict•d and de¥ignatgd fvnds 193 33.702 39.895 Totsl eharftyfvnds 6,193 33.702 39.895 19 Analysls of movements In fund$ ov•r th8 yur as shown in Note 18 Ince¢n• Expendltur• Gal￿ & Low5 2023 In fvnd¥ 2023 zoz3 2023 Un￿StrIcte￿and d•signat•d funds... unrestrict￿1 Revenu8 FuThJ5 84.087 150,3851 34702 84,087 150,3851 33.702 G&n8 and losses are detaik8d in 0,0. O, O O 20 Details of trnnsfers b¢tweon Th• tr•n¥fws SI￿#t￿ In not• 18 •bove8re.'. 2023 Tollltoml Unr8Stricted R8v8nue FuThJs in &cordanc8 wth the aceountiTh) wjlicy Accounting for capital grants fix￿ asset funds.. Tollfroml Designated FixEd Ass8t Funds 911 19111 NÈt trttnsfvr8 21 The purpos•s for which tho Unrèsthcted anddesffgn418dfund&. T1￿ funds a￿ hehj for the m8&ting the objecllves of tho charity. provide re5erv8s for firture a¢tNits"es, and , subject to charity legislation, are free from 811 restrictions on th￿r use. The purp)se of thesg fu￿dS is descri￿ under the acwuntirMJ policy 'Aceounting for capital grants and fix￿1 ass8t funds.. un￿trict￿l Revenue Furts Designabj Fixed Asset Funds 25 The Hearth Centre (Horsley) Ltd Notes lo tho Accounts for the year endod 31 Do¢ember 2023 22 Ultimate controlling party The charity Is uThYer the control ot its *al members. Every member of the chaiity is obliged lo contribute such amount as may be wuired not 8xc88ding £10 to the assets th8 iyjrnpany in the event of its beiry wound up whilè ha or she is a memb8r, or within one year after he or she c£ase8 to be a Member. 26 Thg Hgarth Centr• {Horsleyl Ltd Dètalled analys1$ ol Ineom• and expenditur• lor the year ended 31 D•cember 2023 ￿ rnqulr•d by th• SORP 2015 Thts anatysls Is classslll¢d ty eonv•ntlonal nomin41 dèscrlptlons and not bya¢dvlty. 23 Donatlons. Grants and L•g8¢l•s Curient yeor wr CurTentyear UnrestrKtsd Tthl Fynd$ Fund• PriorY•ar Total Funds Funds 2Q23 23 2D2Z Donatlons and glft¥ fr¢m Indivlduals Small donalons Individually le55 than £1000 121 121 774 Totsl dona¢lon$ and 91ft8 from SndSvlduals 121 774 121 Currnntyeor Cutr•nty•ar cUff•nt￿*f ¢t•d Totsl Fun P￿oryOar T4)tsl FuThJ• FuThd• 2023 2022 Ravenue grnnts from govomment and publlt bodlè$ Small grants indiwidualy th than £1￿0 G)mmunlty F￿ndatrOn 3,582 1582 500 Northumbria Pdi&9 1,000 Karbon 1,000 The Cwperatyve Group Urnlted- Local CornmuThty Fund The Rotherly Tnjst 3,347 1.LKJO 1,000 Tho Jothy Trust 3,300 Barchesterfs Ch8ritthe Foundation 5(X> <>eggs Foundathon 1.000 Ecdesiastical 1,000 Northurnberfand County Coun(xl- Comd Restsrt and support Grants Nalonal Lottery 15.853 15x153 18,354 18.354 1.000 1.000 DPD 1,000 1.000 Totsl wbllc 8•Ctor rov8nu& grants 43.789 43.78? 13,547 Total Donatlons. Grants and LegaGi08 Total Donatlons. Grants #nd Laga¢lg8 A1 43.910 43.910 14.321 27 The Hgarth Centr• IHorsley} Ltd Detallad analysls ol Incom• and •xpondltur• for the year 8nd•d 31 D•c•mber 2023 as r•qulr•d by the SORP 2015 24 In¢omo fr￿n charltabl• acti¥iti95. Trading Actlvltl•s Currfjnl y•ar eurrortyear Llnr•$lrfthd R•Èirfctod Fund¥ Funds 2023 Currtrrfy••r Total Fund* Prlory T4)tslfundA 2023 20 Prlmary purpose and ancillary trading Admission fees- Eyhibib'ons and allerie5 Letbng of propety forcharitab 3,809 3,809 3.325 35.W2 3&￿2 32,945 Totsl Primary purp¢>8é and ancSllary tradlnq 39.701 39,701 36.270 Totsl Income from charitabte activit Cumtyaar Cuvr•ntyur Currynly•ar Prior Y￿r Totsi Funds Funds Funds 2D23 2022 Totsl incom8 frurn tharitab18 trddlr 39,701 39.701 36.270 Totsl from charllablo actlvltkn A2 39.701 39.701 36.270 26 Incomo from other. non ¢haritabl¢, trading activiti•s ¢wrontY￿T ¢um?nt year vnv•JtrKt•ll Fund$ ¢ukThntytar Tot•1 FU￿￿$ PiKbrY••r Total Funds Fund• 2023 20 Tr8ding a(*wties to raise funds for the tharity 191 191 Totsl oth•r a¢tl¥lU¢• 191 27 Othor In￿M• and g•lns eurr*nty•*r unr¢¥trifjo utt•nty•*r Cun*tytyMr Totsl Funds Prfor YMr Total Funds Fund• 2023 Sundryolher income 285 518 To¢al other incorn 285 518 28 The Hgarth Centre {Horslgyl Ltd Detsil¥d analysls of Incom¢ and •xp•ndliurg for tho year •nded 31 D•cem￿r 2023 as rnquir•d by th• SORP 2015 28 Exp•ndltur• on ¢h8rftablo actl¥ltleB- Diroct 5ponding Cwrenty•ar Cwrnrtt y*•r GwrentyoEr PrhiTY8ar unr95tricrea Totsl Furtds Tolal Fun FundB Currant Yu Fund 2023 2023 2Q23 2022 Gross wages and salaries- charitable activtti85 Expenses of Events Hejd 11.647 11.647 12.585 2.115 Total direct $p•nding 13.315 13.315 14700 29 Support costs for charii4bl• acti￿tIO$ ur[*nt￿aT r*Strtttad Futhd$ Currentyoar estrtte Fundg Cutr•nty•ar prforY•w T¢)tsl F￿d5 Totsl FundB Curront Y•ar 2023 Premlses E¥penses Rent payable under operating Rates and water chargos L￿h¢ heat 8fKI power Cleaning and waste management Premises repairs, renewals and maint¢nan Property Insurance 6.000 1,046 10.371 5.165 8,000 1,172 13.107 1.124 10,371 5,185 3.717 3.717 2.148 1.096 1,004 Admlnlstr*I￿ overhads Tdephone, fax 8nd intemet Stationery and printir Subscriptions to periodicals Hire ol eouipmenl Softhre licences and expensas Advertisiro and marketing Sundry expenses 1.006 804 212 179 100 716 217 212 179 100 716 217 4fj1 Prohssional pald to advlsors other than tho audllor or •xamlrffjr Legal fees 2,071 Fiftart¢i•l ¢osts Bank charges Dgpr8ciation & Amorbsation in 34 2AS7 Support costs befo￿ ￿allOCatIon 34,822 34,822 31.534 Tolal 8UPPOrt costs- Curr•nt Y•ar 34.822 34,822 31.534 The basls of alto(ation of (osts be￿ actfviU85 is d8￿bad ac¢oJnting pdic the expandltijre in the wor year Wds unrestrict*J. Admlnlstsatlv• ov8rh•ads The bas(s of alk)catitsrb d u)5ts beiween athues Is d*￿ts&d under acrJ)Ltsnting pdicies 29 Tho Hoarth Contre {Horsleyl Ltd Detalled analysis of Sncomè and 8xpendiiure for tho year ended 31 December 2023 as requlrod by th• SORP 2015 30 Other Expenditurn. G0￿mance costs Current YOJT ¢ur¢•nt yew Cur1•nty￿r UnrgJtnct¢a KeBtnctsll Total Fund* Fvndo Fund• Pr4orY Totsi Funds Current Year 2023 2023 2023 Ind8P8nd8nt Examinerfs fees Trust￿, indamnity insurance 1,220 1,22 1.520 246 246 Total Governan¢t ¢osts 1,466 1,486 1,766 I thè 8Xpe￿￿ra In th8 prior yearwas unreslricl8d. 31 Totsl Charftable gxpondlturn CU￿•￿ty••1 Cuyr•n¢￿dr CuYr¢rrty¢•r Ptr1orY••r Tolal Fun Totsl FWK Curr•nt Y Futhd* Fth¢l¥ 2022 Total direct spendirMJ Tot818upport costs Tolal Governan￿ ¢x)sts 82a B2d B2e 13.315 34,822 1,466 13,31S 34,822 1.466 14,700 31.534 1,766 Totsl charltable oxpondlturo B2 49,603 49,603 48,000 I Ihe expendlture In Ihe pnor year was unrestrkW. PrforY••r unrostrw Funds Pvksr Year Pvk)rY•ar Totsl Funds Prlor Year FwidF 2022 Total direct S￿ndir0 Tot81 support C03ts Totsl Gov8man￿ costs B2a B2d B29 14,700 31.534 1.766 14,700 31,534 1.766 Totsl charlt•b19 oxp•ndltur* B2 48,000 48,000 32 Exp•nditurn on r•l$lng fund$ and Costs of In￿stMent management ¢uvrenty•ar unr•strJcted Fund• Cuff•nly•ar curtsrrt￿ Ptrlwyur esM¢ted Total Fund Totsl Curnt Ye8r 2023 2022 Costs of rK)n primary purpose tradi 782 782 Total fundralslng eosts B1 782 782 All Ihe eXP￿dIture in the prior yearwa5 unresirict•J. 30