COMPANY REGISTRATION NUMBER: 05120656
CHARrrY REGISTRATION NUMBER: 1107991
Craghead Development Trust Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2022
¥A6JD2KIS•
2111212022
COMPANIES HOUSE
A18
#161
3S ACCOUNTANCY SERVICES
Chartered accountants
tkt ID: Oe5a76c931*e530bGlkJa27d0282625b9eadc36

Craghead Development Trust Limited
Company Llmlled by Guarantee
Trustees. Annual Report Ilncorporatlng Ihe Dlredorfs Report)
Year ended 31 March 2022
The trustees. who are also the directo￿ for the purpjses of company law. presenl their report and the
unaudited finanual ststements of ts charity for Ihe year ended 31 March 2022.
Reference and admlnlslratlve detalls
Registered charity name
Craghead Development Trusl Limited
Charlty reglstratlon number
1107991
Company registration number 0512C656
Principal office and registered Bumside Family Centre
oifice
Mendip Terrace
Stanley
Durham
DH9 6QP
The tru5t•es
G Hunter
F Mitchell
J English
T Bowman (appointed 12.10.21)
Company $ecretsry
G Hunter
Accountants
3S Accountancy Sefwces
Chartered Accountsnts
Structure. gov¢mance and managemenl
Craghead Development Trust Limited (CDT) is constituted under its memorandum antl articles of
association dated 6 May 2004 and is a registered charity. number 1107991. The company 15 limited by
guarantee. the members guaranteeirvJ to CCM71rt)ute up to £1 in the event of tlle company winding up.
The charitable company is managed by the Management Committee, which comprises not less than
three and no more than nine trustees. The opportunity for appointrnent as a Iru51ee is promoted widely
and infornial meetings for those who are polents.ally interested in becoming trustees are undertaken, lo
inform them of the work of Ihe tharity and the rde and respOnS￿lIt￿e$ of the trustees.
One third of the trustee directors retire by rotatson at every annual general meeting. If the wmpany does
not fill the vacancy the retiring trustee director is deemed ￿-ap[￿linled. The Management Committee
can co-opt certain members to the Board. to a maximum of 40% of the Management Committee being
COryOPted.
The Managemenl Commitiee delegates fesponsibilty for the day to day ruming of the charbtable
company to the manager, within certain financial and operational limits.
Dcc ID". oe5a76c931￿ee53obC(kJa27dWda2625b9eadC3s

Craghead Development Trust Limited
Company Limited by Guaranlee
Trnstees. Annual Report Ilncorporating th• Diredorfs Report) (wJllnu•dJ
Year ènded 31 PAarch 2022
Objectives and actlvltles
The objects of the charits￿e company are..
To promote the benefit of the inhabilants of Craghead and Su￿ound1ng di4tiids vitiout distinclion of
sex. sexual orientation. race or of polrtical religious or other opinions by associatsng together the said
inhats'tants and the local authorrties, voluntary and other organisth.ons in 8 common effort to advance
education. provide social and econom￿ regeneration and relieve FM)vety by providing opportunities in
the interests of social weffare f(￿ recreation and leisure time (tcupation with the primary obiect of
improving the conditions of lrfe for the sahl inhabitants..
The chanty's missM)n is to provide ¢)pportunrties for b)th social arxl economic regeneration in the area
by undertaking the coordination and management of a range of projects. businesses and initiatives that
will serve lo improve the quality ol lrfe of lo￿1 re￿dents.
The trustees have complied wrth the duty in seth.on 4 of the Chariiie5 Act 2LTh to have due regard to
public benefrt guidants published by the Charity Commission.
Nursery and Chlldcare provlslon
The Nursery has continued to meet the demand for places for chikjren of the other age range of 2-5yrs.
B85ed in the heart of the Craghead communty the Nursery has provKJed both fee paying and funded
earty education places for local thildren.
Craghead Childcare@ BurnsKJe Famty Cenlre has suffered reduced numbers wilh Ihe onwing
pandemic and Ihe availability of places * a nekn schod. As a resu￿ this service was closed in April
2022.
Burnside Family Centrg
The Trust has continued to develop seNices and acbvilie5 at Bumside Family Centre working in
parthership with local organisalions and directed by the local communty of South Stanley.
Local Houslng Project
The Trust has continued lo offer affordab￿ rents as larKllord for three properties in Craghead. Long-
term tenant5 remain in these properties.
Trust management
We have continued to develop existing sermces and ath"vrh"es at Bumside Famity Centre. however
demand for new services since COVID has been much redu￿d. The Trust Manager continues to
actively encourage work placements forthose seeking empk)ymenl w¢yking in partnership with the loeal
Job Centre.
ID.. oesa76c931￿eeS3ObCoda27d02￿262sb9eadC36

Craghead Development Trust Limited
Company Limited by Guarantee
Trustees. Annual Report Ilncorporntin9 the Dlrectorfs Report) Iconlhw•&)
Year ended 31 March 2022
ObSectlves and actmtles
Achievements and performance
As described above the Charity has reviewed its areas of operats'on in considerathon of community
priorities, service sustainakn"lty, financial im￿l¢ationS and Trust capacty- This has led to some services
being closed Of extemalised Whi￿ others have been maintained or enhanced. This has helped lo
improve the Tnjsl's financial position and the Trustees are happy with perforniance for the year however
the reduction in demand for the semces of the Childcare@ Bumside Family Centre has fesulled in rts
closure in April 2022. We are also consoous of Ihe continuing financial pressures facing Ihe Trust and
the Charity sector in general as such we conts.nue to revw the impact, viability and future potenlial
of all service areas.
Fln8nc•al revlew and reserves
Th8 Trustees are salisfigd with lh8 fina￿la1 performance for the year. Govemment 51PPOrt through the
pandemic via grants and the furlough scheme have enabled the nursery to Continue when permitted to
O￿n, without the loss of Jobs.
Trustees are happy Ihal Ihe Trusl has sufficienl resources to cover likely Cash reqUire￿￿nIS and
contingencies for 2022-23. It does, however. remain the Tn￿l'S intention to fvrther improve ils financial
positi￿ and thus allow the development of existing or new projects lo support the chartty's objectives.
The Trustees have Maintsi￿d a dewgnated operating fun(1 to cover core running costs in the event of
a funding shortsge. equivalent to 3 mcx)ths' salary costs. The housing fvnd represents the value of local
housing assets and is not avaiLgble forthe day to day running of the charity wthoul sellin9 the properties.
Risk M?na9efflent
An ongoing review wocess is urrflertaken lo identify fvnding opportunthes available to the Charity and
also any risks to which it is ex￿sed. The Management Committee rewews financi81 activities regulady,
th remedial action taken to compensate for any projected shortfall or overspend. Internal ri5k5 are
minimised by a system of internal C¢￿tr(￿.
thx IO.. Oe5a76c9319dee530bcOda27d02a2625b9¢8dG36

Craghead Development Trust Limited
Company Limited by Guarantee
Trustees. Annual Report Ilncorporatlng the Dlrectorfs Report}
Year ended 31 March 2022
Small company provlslons
This report has been prepared in ac(xJrdance with the pw$1￿ appk"cable to crmpanies enliued to the
small companies exempts'on.
The Injstees. annual report was approved on 6 n£ Z£)ZL and signed on behaw of
Ihe board of Iruslees by..
G Hunter
Trustee Director
Doc ID.. Oe5a76C9319dee530bc(hJa27d02a2625b9e￿J¢36

Craghead Development Trust Limited
Compary Llmlled by Guarnntee
Independent Examlnerfs Report to the Trustees of Craghead Development Trust Llml¢ed
Year ended 31 March 2022
I report on the financial slaternents for the year ended 31 March 2022. which comprise the statement of
ffinanual activities (including income and eXpe￿liture acco￿1}. ststement of finarwl Frf)sition and the
related notes.
Respectlve responsibllltles of trustees and examiner
The trustee$ (who are also the directors of Ihe company for the purposes of company lawl are
responsible the p￿pafatton of the financial statements_ The trustees Consider that an audil is not
required for thi5 year urKler seckn.on 144{2) of the Ch8rilies Act 2011 {Ihe 2011 Aet) and that an
independent examination is needed.
H8V4ng s8ts"sfied myself that the charity is not suwt to a￿Jrt under company law and is eligible for
independent examinatron, it is my ￿sponSIb￿l￿ to:
examine the accounts under section 145 of the 2011 Acl;
to fdlow the procedures laid down in Ihe ger*ral Directs(￿$ gNen bythe Charity Commission under
section 14515llbl of the 2011 Act- and
lo stste whether particular matters have c¢)me to my attentK)n.
Basis of ind•pend•nt •xaminerf$ report
My examination was carried out in accordance the general Direclions gtven by the Charity
Commission. An examination indudes a rewew of Ihe a¢counl6ng records kept by the Charity arKI a
comparison of the acccwnts presented ￿1th those records. It a150 include5 consideration of any unLFsual
items or disclosures in the aec¢yJnts. and seeking explanations trom you as truslees conceming any
such matters. The procedures undertaken do not provide all the ewdence that woukl be required in an
audit and consequently no opinion is given as lo whether Ihe accounts present a'true and fair view. and
the ieport is limited to those matters set out in the nexl ststement
Independent examinerfs statement
In connection ￿th my examination, no matter has ￿rne to my attents"on.'
111 which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounkn.ng re(x)rds in accordan￿ with section 386 ofthe Companies Act 2C¥)6. and
to prepare accounts which accord with the accounting reC￿dS. ￿mplY wilh accounting
requirements of section 396 ofthe Companies Act 2006 and with the methods and principles
of Ihe Statement of Recommended PraCt￿e.. Accounting and RepcwtirrfJ by Charities
have not been mel, or
{21 lo which, in my opirmon. attention should be drawn in order to enable a proper underslanding of the
accounts to be reached.
CF MILBANKE FCA
3S AccoLfnl8ncy SeNices
5-8 Priestgale
Dartinglon
DL1 INL
C￿10. Oe5a76c9319dee530bcOda27d02a2625b9eadc36

Craghead Development Trust Limited
Company Limited by Guarantee
statement of Financial Activities
(in¢luding income and expenditure o¢¢ountl
31 Ma￿h 2022
2022
2022
2022
Restricted Totsl funds
2021
Total funds
Unrestricted
Income and endowrnents
Donalior¢s and legacies
Charitable aclivities
Investment income
7.867
203,041
27.428
35.295
203.041
97.698
168,498
Total Income
210,￿)8
27.428
238.336
266.196
Expendlture
Expendilure on charilable activibes
Total expendlture
218,785
19.675
238.460
241.710
218.785
19.675
238.460
241,710
Net income
Transfers
17.8771
5,208
7,753
{5.208)
{124)
24,486
17
Net movement in funds
{2.669)
2,545
{1241
24.486
Reconciliation of funds
Total funds broughl forwwd
Total funds carried forward
242.187
31.899
274,086
249,600
17
239.518
273.962
274.086
The stslement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing aCliv￿es.
The noles on pages 8 to 16 forni part of these Ilnanclal staternents.
Dc¢ ID.. o85a7￿31￿s3O￿oda27dO2a262sbge&Yca6

Craghead Development Trust Limited
Company Limited by Guarantee
stateme￿ of Financial Position
31 March 2022
2022
2021
Flxed assets
Tangible fixed assets
14
138,000
141.918
Current assets
Debtors
Cash al bank aThJ in hand
15
5,267
139,334
3,301
138.247
144601
141.548
Creditor5: amounts falling due wSthin one year
Net current assets
16
8,639
9.380
135.962
132.168
Total assets less current Ilabilltles
273.962
274,086
Net assets
273,962
274,086
Funds of the charlty
Unrestricted funds
Restrided fvnds
239.518
34,444
242,187
31.899
Total charbty funds
17
273.962
274086
For the year ending 31 March 2022 Ihe charity was entided to exemption from a￿lt under section 477
of Ihe Companies Act rdating to small companies.
Trustees, responsibilities..
The members have not required the Charity to obtsin an audit of rts fw)ancial ststemenls for the
year in queslion in accordance vAth se(aion 476;
The Iruslees aL*nowledge their reswnsibilities for complying wtlh the requirements ofthe Act Wbth
respect to accounting records and the prepara11¢￿ of finanual Stat￿ents.
These financial statements have been prepared in accordan￿ the proVi￿OnS applicAble to
companies subject to the small Compan￿$. regime.
These financial statements were approved by the t￿ard of trustees and aulhori5ed for issue on
. 6 L2t(￿6e< , and are svJned on behaff of the board by..
G Hunter
Trustee DI￿¢¢01
Company registration number 05120656
The notes on pages 8 10 16 forni part of these financial sLthments.
ID.. oe5876c93l￿e9s3C1)￿￿a27dQ2a2625b9e8d¢36

Craghead Development Trust Limited
Company Llmited by Guarantee
Noles to the Flnanclal Statements
Year ended 31 March 2022
General inforniation
The charity is a private company limited by g¥JaTantee. Tegsslered in England and Wales and a
registered charity in England and Wales. The address of the registered office is Burnside Family
Cenlre, Mendip Terrace, Stanley. Ourham DH9 6QP.
Stst8menl of compliance
These financial statem￿ts have been ￿epa￿ in coMpl￿nce with FRS 102. The Finanual
Reporting Standard applicable in the UK and the Republbc of Ireland.. the Statement of
Recommended Practice applicabbe to than1￿S preparing their accounts in accordance with the
Financial Reporhng Slandard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP IFRS 102}} and Ihe Chafities Act 2011.
AG¢ounling polkles
Basis of preparation
The financial statements have been prepared on the historical cosl basis. as modified by the
revaluation of certain finanaal assets and liabilities and investmenl properties measured at fair
value through income or expenditu￿.
The financial ststements are prepared in sterfing. wh￿h is the fvnctional currency of the entity.
Golng con￿￿
There are no malerial uncertaintss ayyjtthe chanty's ability to LY)ntinue forthe fofyseeable future.
Fund accounting
Unreslricled funds are aVaila￿e for use at the diSCTelion of the trustees to further any of the
charity's purpose5.
Designated fvnds are unrestricted funds earna￿ed by the trustees for particular fvture project or
commilmenL
Restricted funds are subjected to restrictions on their expendrture dedared by the dc￿Or or through
Ihe lemis of an appeal.
Dct ID". (k5a76c9319dee530b¢Oda27th)2a2625b9ead¢36

Craghead Development Trust Limited
Company Llmlled by Guarantse
Not•s to the Financial Ststements
Year gnded 31 March 2022
Accounting policies {¢tinfr
Incoming resources
JI ir￿1￿9 resources are induded in the stslement of financk31 activities when entiuemenl has
passed to the charity- il is probable that the economic beneffts assoualed swth the transaction will
flow to the charity and the amount can be reknably measuied. The followiThJ S￿cIr￿ policies are
applied lo particular ￿tegOrieS of income..
income from dcfftations C￿ grants is reccMJnised w￿n Ihere is evidetKe of enttllement to the
grft. receipt is probable an(J its amount be measu￿d reliabty.
legacy ncome is recognised when receipt is [￿babIe and entille￿￿nl is e51abli5hed.
income from donated goods is measured * ts fair value of the g¢y)ds unl85s this is
impractical to Measu￿ reliably. in which ￿se the value is derived from the c05t lo the donor
or the estimated resale value. Donated faalilies and serwces are recognised in Ihe accounts
en received if the value can be reliabty measured. No aftKxJnts are included for the
contribution of general volunteers.
income from contracts for the suppty of servtis is recwised with the delivery of the
Jtracted service. This is dasstfied a5 unrestricted funds unless there is a contractual
requirement IOT Il to be spent on a partic￿]ar p￿￿OSe and relumed if unspenL ITr which case
rt may bè regarded as restricted.
Resou￿e5 expended
Expenditure is reCOgr￿Se￿ M an a¢uuals bags as a liakn.lty is inCu￿d. Expenditure includes any
VAT which cannot be recovered. and is dasstfied under het•Jings of the statement of financial
aclivities lo which it relates..
expenditijre on raising (￿d5 includes the costs of all fvndraising activities. events, non-
charitable trading activit￿$. and the sale of donated g(*xls.
eXper￿lture on charitable activrties indudes all costs incur￿d by a charrty in undertaking
activities that further its charitsble aims for the benefit of its beneficiaries. ineluding those
support costs and costs relating to the govemance of the charity apportioned to charitable
activities.
other expenditure includes all expendrture that is neither related to ratsing funds forthe charity
part of ts expenditure on tharitable adivities.
All costs are alocated to expenditure categories reflecting the use of the resource. Oirect costs
atth'butsble 10 8 5tngle activity are allcKaled directfy to thal acbvity. Shared costs are apportioned
betsveen the activities Ihey contribule to on a reasonable. juskn"fiable and uynsistent basis.
Tanglble assets
T￿gible assetsare initiallyrecorded atr))sl. and subsequenty stated atcost less any accumulated
depreciation aNJ impairment k)sses. Any tangible assets Carried al revalued amounts are recorded
at the lair value at the date of revaluation less any subsewent accunulated deFwatw)n and
subsequent accumulated impairment losses.
ID: oesa76c931￿e￿53ObCoda27dO2a2625b9eade3S

Craghead Development Trust Limited
company Limitsd by Guarantee
Notes to the Financial Statements (ronlinu•dJ
Year ended 31 March 2022
Ac¢ountlng policies {eOnilnuedJ
Tangible assets fcontlou*dJ
An increase ￿ the carying amounl of an asset as a resuA of a revalua￿n. is reccgnised in other
Tecognised gains and losses, unless it reverses a charge for impaim*nt that has p￿vIc￿JsIY teen
recognised as expenditure wthin the statement of finan￿al activities. A decrease in the carying
amount of an asset as a result of revalu*ion. is recognised in other recognised gains and losses,
oxcept to which il offsets any previous ￿Valuation gain. in which case the Ios5 15 5hovm within
other recognised gains and bsses on the statement of financial activities.
Depreciation
DeprecIa￿"0n is calculated so as lo write off the cost or valuation of an asset, less rts residual value,
over the useful economic lrfe of that asset as follows..
Housing prtperbes
Clirnbin9 wall
Other equipn*nt
(WW20￿
over 2 years
over3 yèars
Impairrnent of fixed assets
A wiew for indicators of impaimienl is carTied out at each reporting dale. wtth the recoverable
amount being estimated where such indicalors exist. Where the carying value exceeds the
recoverable amounl, the asset is impaired aCt￿rdinglY. Pr￿ impamients are also reviewed for
possible reversal al each reporting date.
For the purposes of impairment testing, when It is nol possible to eslimate recoverable amount
of an indmdual asset. an estimate is made of the recoverable amount of the cash-generating unit
lo which the asset belongs. The cash-9enerating unit is the smallest identifiable group of assets
that incI￿je$ Ihe asset and generates cash inflows that largely independent of the cash inflows
from other as5els or groups of asset5.
Flnancial instruments
A financial asset or a financial liab￿ty is recognised only when the charity becomes a pty io the
eontraclual provisions of the instrument
Basic financral instruments are inib.alty recogThsed al the amount receivable ￿ payable including
any related tran&%tion costs.
Current assets and C￿￿ent liabilities are subsequently measured al Ihe cash or other consideration
expected to be paid or re￿iVed and not discounted.
Debt instruments are subsequenljy measured al amortised cosL
-10-
tk¢ ID". Oe5a76c9319dee530bcOda27d02a2625b9ea(Jc36

Craghead Development Trust Limited
Company Limited by Guarantee
N¢)tss lo the Financlal Statements
Year ended 31 March 2022
Ac¢ountlTrg poll¢le$
Financial instruments I¢￿￿￿￿*￿)
Where investments in shares are publicly traded or their faif value can otherwise be measured
reliably. the investment is subsequentty measured at fair value with changes in fair value
recognised in inwne aryj expenditure. ALI other such Ènvestments are subsequentfy measured at
cost less impairment.
Other finanCb￿ instruments. including derivatives. are inibalty reccgnised at fair value. unl8SS
payment for an asset is deferred beyoThJ normal business temis or financed at a rate of interesl
that is not a market rate. in which case the assel is measured al the present value of the future
payments discounted at a market raie of intere51 f¢X a simikr debt Instru￿￿nt.
Limited by guarantee
The company is limited by guarantee. the mernbe￿ guaranteeing to contribute up to £1 in the
event of the corrwny winding up. There is ultimate controlling party.
Donatlons and legacie5
2022
Unrestricted
2022
2022
Restricted Total Funds
Grants
Grants rewvable
Oonations
7.867
27.428
35.295
7.867
27.428
35.295
2021
Unrestricted
2021
2021
Restricted Total Funds
Grants
Gran15 receivable
Oonations
19.323
78.375
97.698
19.323
78,375
97.698
11
Oc¢ ID: 0t5a76c931￿e￿S3¢*J￿kIa?7d02A36zsbgeadc3s

Craghead Development Trust Limited
COn￿aTrY Llmlted by Guarantee
Notes to the Financial Statements (c¢)nlifttse
Year ended 31 Ma￿h 2022
Income from charitable aclivitjes
2022
2022
2021
2021
Unrestricte(l Total Funds Un￿StrICted Total Funds
Burnside
Nursery
Trust
Housing
404
191.597
300
157.169
300
157,169
191,597
11.040
11.040
11.029
11,029
203.041
203.041
168.498
168,W38
Inv•slmenl income
2022
2022
2021
2021
unrestn.cted Total Funds Unrestricted Total FuTrds
8ank interest receivable
Expendlture on Charitable activities by fvnd type
2022
Unrestricted
2022
2022
Restrided Totsl Funds
Direct Charitable activities
Support costs
203.538
15.247
19.675
223.213
15,247
218.785
19.675
238.460
2021
Unrestricted
2021
2021
Restricted Total Funds
Direct charitable acliwties
Supw1 costs
163.225
. 18.638
59,847
223,072
18,638
281,863
59.847
241.710
Expgndllure on charitable activities by activity type
2022
2021
Bumside
Nursery
Trust
Housing
12.388
159.113
54,065
12.894
10.012
159,041
54.759
17.898
238.460
241.710
12-
tkc ID: Oe5a76c931*e530bcLNJa27d02a2625b9eadc36

Craghead Development Trust Limited
Company Limited by Guarantee
Noles lo the Finan¢lal Statements (C￿￿￿￿8￿j
Year ended 31 March 2022
10. Net Income
Net income is stated after chargingl(creditingl:
2022
2021
Depreciation of tsngible fjxe(l assets
3,629
9,532
11. Independent examlnatlon fees
2022
2021
Fees payable to the independent examiner for..
Independent examination of the financial stslements
1.300
12. Staff costs
The lotsl staff costs and ern￿Oyee beneffts fc￿ the reporting period are analysed as follows..
2022
2021
Wages and saSaries
Social security cos15
Pension contributions
170.668
5.545
3.751
169.993
4,926
3.611
178.530
179.964
The average head count of empbyees during the year was 15 {2021.. 181. The average number of
employees during the year ￿ analysed as follows..
2022
No.
2021
No.
Trust manag
Nursery
14
17
15
18
No ern￿Oyee re￿1ved employee benefils of Ir￿￿ than £60.IM during the year12021.' Nill.
11 Trust9e remuneratlon and expenses
No remuneration ry expenses were paid to tru51ees during the year {2021.. £nill.
During the year lees f¢X accountancy services of £1.864 were paid to TLB Accountsncy se￿￿e8,
a business controlled by T Bowman.
13-
tkt IO". Oe5a76c9319dee53O￿27dO2a262Sts9eadC36

Craghead Development Trust Limited
Company Llmlted by Guaranlee
N*)te$ to the Financial Statements {¢wdnu8d)
Year ended 31 March 2022
14. Tangible fixed assets
Housing
properties Equipmenl Climbing wall
Total
Cost or valuation
At 1 April 2021
Additions
138.OIKI
61.122
16.938
216.060
At 31 March 2022
138.000
61.122
16.938
216,060
Depreclatlon
At 1 April 2021
Charye
57.493
3,629
16.938
74,431
3,629
Al 31 March 2022
61,122
16.938
78.060
Carrytng amount
Al 31 March 2022
138.(￿￿)
138,000
At 31 Mar¢h 2021
138,fJY)
3,629
141.629
Housing PToperkn"es are induded al directors vabJation as at 31 March 2022. The original cost ol
the properties was £69.1C(J.
In 2017 the charty entered inloa 30 year lease at peppercLYn rent for Burnside Resource centre
from Durham County Council.
15. Debtors
2022
2021
Trade debtor5
Other debtor5
1,306
3.961
1,347
1.954
5.267
3.301
16. Creditors: amounts falllng due wlthln one year
2022
2021
Trade e￿drtOrs
Social security and other taxes
Other C￿ditOrS
2.127
2.202
4.310
4.076
1,189
4.115
8,639
9,380
-14-
Doc ID.. 0e5a76C931￿8eS3t￿IJa27do2a262sbg8adC3s

Craghead Development Trust Limited
Company Llmlted by Guarantee
Notes to the Financlal Statements (¢on
Year ended 31 March 2022
17. Anatysis of Chafltable funds
Unrestricted funds
1 April 2021
Income Expenditure Transfers
31 Maich 2022
GerEra5 fijnds (tree
reserves)
Oesignated funds:
Operating fund
Housing fund
69,187
210.908
(218.785)
5.208
66,518
35,000
138.000
35,000
138,000
242.187
210.908
1218.785)
5.208
239.518
The trustees have designated an operating fund lo be set aside to o)ver core running costs n the
event of a funding shortage. equivalent to 3 monlhs. salary costs.
The housing fund ￿preSentS the value of local housing assets and is not available for the day to
day njnning of the charity without selling the properties. Within the housing fund is £68.900 (2021..
£68,91X)l in respect of revaluatiorE.
R8stricted fvrbds
1 April 2021
Income Expenditure Transfers
31 March 2022
Housing properties
Homes England
Nursery allotment I
outde￿r
Womens group
Youth group
Winter resilience
Mens group
Mental heamh
Bumside r8pairs
Sensory ga￿en
Coronavirus funding
2.970
12.903
11.3221
18.322)
1.648
13.806
9.225
1.107
4.796
1810)
1363)
{422}
{850)
{121)
{2571
(8751
(2,0341
{4,299)
119.6751
297
4,533
500
150
5,628
1,743
2,913
3.226
3.000
(2.900)
1,1)00
(2.900)
S.649
3.000
2.000
3.788
5.260
4,299
31.899
27.428
{5.2081
Transfer5 between funds repre￿1 intemal rent re-chanjed and restricted furmls expended on
apitsl items.
Nursery Allotm¢nt l Outdoor- Funding for resource5 and equip￿￿nt needed for the children at
the nuT5ery allotment arKI the renovation of Ihe nursery allolment.
Housing propèrties- furKling ￿CeIve(￿t0 purthase. refurbish and Ma￿ttain Craghead properties.
Womens, Mens and Youth groups - monies held on behalf of these grcNJps. for their specific
use.
Bumside repalrs- income specfficaly for the imFKovemenl of Bumside Family Centre
15-
DLX ID". Oe5a76c931*e530trthJa2Td02a2625b9eadc36

Craghead Development Trust Limited
Company Limlled by Guarantee
Notes to the Flnandal Statements (conwnuedl
Year ended 31 March 2022
17. Analysls of charltable funds (¢OTrtlnu￿j
Net assets are split as folJowE-
2022
unre$trlct￿ Restricled
2021
Unrestri¢ted Restricled
Totsl
Total
Fixed
assets
Current
assets
olher than
cash
Cash at
bankl in
hand
Cuffent
138.000
138.000
141.918
141.918
5.267
5.267
3.301
3.301
104.890
34.444 139.334
1[￿.348
31.899
138,247
18.639}
(8.639)
(9.3801
19.3801
Total net
assets
239.518
34.444 273.962
242.187
31,899
274.086
-16-
tkt ID.. OeSa76c9319dee530bcOda27d0282625b998dc36