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2023-03-31-accounts

				Page
Trustees' annual report (incorporating the director's		report)
Independent examiner's report to the trustees
Statement offinancial	activities (including income and expenditure		account}
Statement offinancial	position
Notes to the financial	statements
The following pages	do not form part ofthe financial statements
l3etailed statement of	financial activities			18

Registered	charity	name	name	Craghead	Development	Development	Trust Limited
Charity registration		number		1107991
Company	registration		number	05120656
Principal office and		registered		Burnside	Family	Centre
office				Mendip Terrace
				Stanley
				Durham
				DH9 6QP
The trustees
				G Hunter
				F Mitchell
				J English
				T Bowman
Company	secretary			G Hunter
Accountants				3SAccountancy		Services
				Chartered	Accountants

					2023	2023	2023	2022
					Unrestricted	Restricted	Total funds	Total funds
				Note			E
Income and endowments
Donations and	legacies					13,030	13,030	35,295
Charitable activities					205,533		205,533	203,041
Investment income					23		23
Total income					205,556	13,030	218,586	238,336
Expenditure
Expenditure on	charitable		activities	8,9	251,648	12,661	264,309	238,460
Total expenditure					251,648	12,661	264,309	238,460
Net income					(46,092)	369	(46,723)	(124)
Transfers				17	16,023	(16,023)
Net movement	in funds				(30,069)	(15,654)	(45,723)	(124)
Reconciliation	offunds
Total funds brought		forward			239,518	34,444	2T3,962	274,086
Total funds carried forward				17	209,449	18,790	228,239	273,962

Donations and legacies
	2023	2023	2023
	Unrestricted E	Restricted	Total Funds f
Grants
Grants receivable		13,030	13,030
Donations
		13,030	13,030
	2022	2022	2022
	Unrestricted	Restricted	Total Funds
	F
Grants
Grants receivable	7,867	27,428	35,295
Donations
	7,867	27,428	35,295

					2023	2023	2022	2022
					Unrestricted	Total Funds	Unrestricted	Total Funds
								f.
	Burnside				363	363	404	404
	Nursery				193,820	193,820	191,597	191„597
	Trust
	Housing				11,350	11,350	11,040	11,040
					205,533	205,533	203,041	203,041
7.	Investment	income
					2023	2023	2022	2022
					Unrestricted	Total Funds	Unrestricted	Total Funds
	Bank interest	receivable			23	23
8.	Expenditure	on	charitable	activities	by fund type
						2023	2023	2023
						Unrestricted	Restricted	Total Funds
						F
	Direct charitable		activities			234,109	12,661	246,770
	Support costs					17,539		17,539
						251,648	12,661	264,309
						2022	2022	2022
						Unrestricted	Restricted	Total Funds
	Direct charitable		activities			203,538	19,675	223,213
	Support costs					15,247		15,247
						218,785	19,675	238,460
9.	Expenditure	on	charitable	activities	by activity type
							2023	2022
	Burnside						9,104	12,388
	Nursery						200,979	159,113
	Trust						49,494	54,065
	Housing						4,732	12,894
							264,309	238,460

10.	Net income	Net income	Year ended 31 INarch 2023	Year ended 31 INarch 2023
	Net income is stated after		charging/(crediting):
					2023	2022
	Depreciation	oftangible fixed assets			210	3,629
11.	Independent	examination	fees
					2023	2022
	Fees payable to the independent			examiner for:
	Independent	examination	ofthe	financial statements	1,300	1,300

Staffcosts
The total staff costs and employee	benefits for the reporting	period are analysed as	follows:
		2023	2022
Wages and salaries		192,708	170,668
Social security costs		7,010	5,545
Pension contributions		4,700	3,751
		204,418	179,964

employees during the year is analysed as fol	lows:
	2023	2022
	No.	No.
Trust manager	1	1
Nursery	15	14
	16	15

Notes t Tangible fixed assets	o the Financial Stateme Year ended 31 March	nts (continued) 2023
	Housing
	properties	Equipment	Climbing	wall	Total
Cost orvaluation
At 1 April 2022	138,000	61,122	16,938		216,060
Additions		630			630
At 31March 2023	138,000	61,752	16,938		216,690
Depreciation
At 1 April 2022		61,122	16,938		78,060
Charge		210		-	210
At 31 INarch 2023		61,332	16,938		78,270
Carrying amount
At 31 March 2023	138,000	420			138,420
Ai 31 INarch 2022	138,000				138,000

Debtors
		2023	2022
Trade debtors			1,306
Other debtors		2,1?4	3,961
		2,174	5,267
Creditors: amounts	falling due within one year
		2023	2022
Trade creditors		1,770	2 127
Social security and	other taxes	2,467	2,202
Other creditors		4,291	4,310
		8,528	8,639

Net assets	are split as follows:	are split as follows:
		2023			2022
	Unrestricted f.	Restricted f	Total	Unrestricted	Restricted	Total
Fixed assets	138,420		138,420	138,000		138,000
Current
assets other than	2,174		2,174	5,267		5,267
cash
Cash at
bank/ in	77,383	18,?90	96,173	104,890	34,444	139,334
hand
Current liabilities	{8,528)		(8,528)	{8,639)		(8,639)
Total net assets	209,449	18,790	228,239	239,518	34,444	273,962

					Detailed S	tatement ofFinancial Activ	ities
						31 INarch 2023
							2023	2022
							f.	F
Income and		endowments
Donations	and legacies
Grants receivable							13„030	35,295
Charitable	activities
Burnside							363	404
Nursery							193,820	191,597
Trust
Housing income							11„350	11,040
							205,533	203,041
Investment		income
Bank interest		receivable					23
Total income							218,586	238,336
Expenditure
Expenditure		on charitable			activities
Purchases							14,750	9„812
Wages and	salaries						192,708	170,668
Employer's	NIC						T,010	5,545
Pensions							4,TOO	3,751
Training							525
Establishment							25,730	18,962
Motorltravel		costs					480	480
Legal and professional				fees			7,949	7,218
Consultancy							1,867	7,991
Office costs							5,404	6,594
Depreciation							210	3,629
Sundry expenses							543	910
Subscriptions							1,086	2,900
Bad debts							1,347
							264,309	238,460
Total expenditure							264,309	23&,460
Net (expenditure)			Iincome				(45,723)	((24)