REGISTERED COMPANY NUMBER: 05290088 (England and Wales)
REGISTERED CHARITY NUMBER: 1109088
BERWICK-UPON-TWEKD COMMUNITY DEVELOPMENT
TRUST LIMITED
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 INP

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
Reference and Administrhtive Details
Chairman's Report
Report of the Trustees
Independent Examiner'5 Report
Statement of Financial Aetivities
Balanee Sheet
Notes to the Financial Slatements
12 to 19
Detailed Statement of Financial Activilles
20 to 21

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
REFERENCE AND ADMINISTRA TtVE DETAILS
FOR THE YEAR EI NDED 31 DF.CEMBER 2023
TRUSTEES
D R Harper- Chair
J Fisher
Ms C J M Harper
Ms S A Holborn (re5igDed 311812023)
D R Purvis
K B Siseman
M Crawford
D P Inglis (resigned 101112023)
Ms C M Handley
Ms J G Montgomery
REGISTERED OFFICE
The William Elder Building
56-58 Castlegale
Berwick Upon Tweed
Northumberland
TD15 IJT
REGISTFRED COMPANY
NUMBER
05290088 (England and Wales)
REGISTERED CHARITY
NUMBER
1109088
INDEPENDENT EXAMINER
J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Casile Terrace
Berwick Upon Tweed
Northumberland
TD15 INP
Page I

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Last year saw two resignations from the Board of Trustees, Sally Holburn and Daniel Inglis. On behalf of the staff and
fellow Board members, I would like to express my thanks to them for their valued contribution. The Trusl also saw the
departure of one of its most valued and longest serving O￿l¢erS. lan Guthrie. lan was the Trust's Finance Officer and he
had been part of the Trust almost from its inception. On behalf of everyone at ihe Trust, I wish lan a long and enjoyable
retirement. His role ha5 been filled by Joanne Douglas who lan had mentored over the past few years. This arrangement
has ensured that the Trust will continue to receive a very high level of fiscal management and forecasting and I have
every confidence that Joanne will fulfil the role admirably. There was one further officer resignation, Freya Herriott and
we thank and wish her every success for the future. Her role as Tourism Officer bas been filled by Liberty Holloway,
welcome Libety.
Thankfully, the profound effects of COVID have all but disappeared and usage of the William Elder Building has now
retumed to its pre COVID levels. Regrettably, however, there have been a number of lingering negative impacts which
along with the current economic pressures on some households has resulted in continued high levels of demand on the
services offered by the Trust. It is pleasing to think that the Trust can help in such circumstances, whether it be in terms
of the Food Bank, or the wider range of social assislance on offer.
Lasi year saw the Trust acquire a multi occupant High Street property portfolio. This acquisition further strengthens the
Trust's financial position and has allowed it to support a local artist cooperative, Serendipity. Work continues on "The
Lookout" and a numb¢r of possible schemes for its development are now being actively considered.
Finally, I would like to express, on behalf of the Board, my sincere thanks lo Becci Murray and her team for their
excellent work over Ihe past twelve months and I have every confidence that this year will see the Trust continue to
build
n its recent success.
David Haryjer
Page 2

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LTMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their report and Ihe independently reviewed fmancial statement5 of the charity for the year ended
31 December 2023. The Trustees have adopted the provisions of the Statement of Recovnmended Practice (SORP) (FRS
102 (second edition - October 2019)) in preparing the annual report and financial statements of ihe charity.
The financial statements have beeT] prepared in accordance with the accounling policies set out in notes to the accounts
and comply wRth the charity's governing document, the Charitles Act 201 l and Accounting and Reporting by Charitie5-.
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland effective from l January 2019.
OBJECTIVES & ACTIVITIES
The Trust exists to make Berwick a better place to live, work and visit. Activities are intended to generate public
benefit for resident5, businesses. and visitors to the Berwick area.
The Trust works to provide services directly for residents. to develop social enterprises and to provide active support
and advice in Berwick upon Tweed. All profits generated through the Trust's economic activities are reinvested back
inlo the Community. reinveslment that enables further development of projects and services.
A5 an organisation that is run by the community, for the benef)t of the community, the Trust seeks to encourage
stakeholder involvement. The DIrectors￿￿$t¢¢5 all have a passion for the lown and surrounding area and everyone
who lives, works. or plays a part in the community is welcome to become a member of BCT. Membership entitles
p¢ople to vote on issues relating to BCT at the AGM, including electing Directorsrrrustees.
In order to maintain and enhance its effectiveness, the Trust has a wide range of documented policies and procedures
which are subject to regular review. Board meetings were held monthly during the year and reports on the Trust
finances and an update from the Operations Director were standard items on th¢ agenda. In addition, one-off report5 are
produced to update members on Specific relevant matters.
STRATEGIC REPORT
Achievements and performAnee
In order to achieve ils aims, the Trust ha5 adopted a strdtegy of working in partnership with other local and regional
organisations to initiate social enterprises and grant funded projects. Activities are selected on their likely contribution
to the building of wealth, employment. cultural or life opportunilies for residents of Berwick upon Tweed and its
surrounding communities. Activities undertaken this year in pursuit of these objecls are identified below.
The William Elder Building
Office spaces within the building are let to a range of organisations including not-for-profit and community groups,
providing BCT with a vilal and sustainable source of income.
In addition to the office space, the building has two fully accessible meeting rnom5. Traditionally the larger room is
used by Slimming World, Reed in Partnership, the Methodist Church for their Sunday services and a Muslim Prayer
Group. This also doubles as a conference room for meetings and group bookings of up to 75 people. There is a smaller
room which is let out to various local organisations, community groups and businesses on a regular or casual basis.
The Trust op¢rate5 a tiered pricing policy that charges local and charitable bodies less than others. These spaces have
been widely used during the year and provide a key meeting facility In the town.
Core Legacy Fund
The Trust operates this grant giving fund to support eligible entities in North Northumberland to develop community
renewable energy projects and initiatives. The fund seeks to advance Ihe deployment of renewable generation
technologies, reduce carbon emissions and build sustainable communities. Income for the fund came from the Wind
Turbin¢ project and is a finite sum of money. Three grants were awarded during the year to the value of £11,706. A
sum of £152K remains in the fund for distribution. We have received a number of enquiries regarding future
applications and these have looked at and approved in principal awaiting fomial applications.
Page 3

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
REPORT OF THE TRUSTV.ES
FOR THE YEAR ENDED 31 DECF.MBER 2023
Here for You
This is one of the primary services through which the Trust directly supports residents in need. It 15 free to users and
provides a wide range of advice and prnctical support around employment, benefits, budgeting and housing
applications. The telephone delivery model implemented in previous years is still proving successful has continued but
some customers, who find this easier or require extra support receive face to face engagement on a one-to-one basis.
The service is made possible in part by generous ￿ndIng from Bernicia Housing and their community fund. In addition
there is internal funding from Berwick Food Bank to support their clients who frequevjtly benefii from the Here for You
service providing "wrap around" and ongoing support.
Food Bank
The Trust runs the local food bank with the support of residents and community partners including churches, schools
and amenity groups. Donations take the fom) of cash, online via Localgiving and BACS donations, as well as food,
either donated directly or via colleclion points. During 2023 there were 619 parcels distributed and a further 42
Christmas hampers requested by partner organisations in December. This is a marked increase in use of the service as
significant price increases continue to impact on families. This trend is anlicipated to continue into 2024. The service
continues to take a holistic approach lo ihe challenges that residents face,and continues to refer clients who they
consider require advice on budgetinglbenefils etc.to the Here For You service. This referral allows in depth discussions
to take place with Staff who ar¢ experienced in this field and enables the best way forward for the client to be identified.
Accessing the food bank continues to be by an "open door" approach and avoids any reslrictive refe]Tal processes.
Childcare Provision
The Tivst continues lo act as a sta￿ing agency for childcare provision to the Family Hub, fonnerly Sure Start Centre, in
Berwick. This is part of a long term agreement with Northumberland County Council and ensures that a key service 15
provided with circa 95 children on the roll al the end of 2023.
Young Careys Project
The Trust has a Young Carers Group for the benefit of young people who have caring responsibilities. It enables
attendees to have time for themselves in a safe and structured environment and provides critical support for both the
children and their families. The group runs on two Salurdays a month. The group was funded through residual
balances and ￿rther external funding was received during the year lo enable the group to continue to operate,
Northern Food Partnership
The Trust continues to be involved in the Northern Food Partnership, linking food provisions, food bank5 and
delivering sustainable food options in the Northumberland area. £23,000 funding from Northurnberland Communities
Together was received in 2020 to develop these iniliatives, and this continues to fvnd ongoing activities under this
umbrella.
General Community Support and Engagement
The Trust continues to be a key player in providing help, support and advice to a number of external organisatlons and
bodles in the Town and the surrounding area. Much of this support is largely unseen but it is absolutely crucial in the
town's Continued development. This is achieved through applying the depth of knowledge and underslanding of the
Trustees and staff in supporting the town's development. As part of this engagement the future of the Serendipity
Artisan shop in the town centre was secured with new premises. The Trust has worked with Beach Access North East to
provide beach access wheelchairs for visitors and residents in Spittal.
Old Brewery Tweedmouth
The Trust continues to own this building and it was placed on the market for sale during the year. Whilst there was
some interest, no sale has been made and the future of the building remains an ongoing challenge.
Tourism Project
A new team rnember joined the Trust at the end of 2023 to replace ihe previous Officer who left in August. Their role
is to promote Berwick upon Tweed. work with businesses, festivals and community groups and keep a visible online
presence via the Visit Berwick website and social media. The cost of the service has been partly met through fmancial
support from the Town Council and other grant making bodies grants with the balance being fund¢d by the Trust as part
of its commitment lo the promotion of the town.
Page 4

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECV.MBER 2023
The Lookout
A new tenant look over The Lookout this year and contÉnues to run it as a small café. This is producing useful income
for the Trust but importantly it gives the Trust access lo a building in a strategically important area of the town.
MarygatelHide Hill Property
In November 2023 the Trust purchased property on the corner of Marygate and Hide Hill comprising the freehold of 3
apartments. currently leasehold, and 3 retail units. This enabled the Trust to secure premises for Serendipity (mentioned
above) and to secure additional income lo support the Trust's Work.
Managemeiit of Risks
The Trust lakes their responsibility to identify and mitigate risk as a key priority. Business plans plus a variety of
policies have been developed to reflect this responsibility and are regularly reviewed. The principal risks the Trust face
are ihose arising out of its ownership and operation of The William Elder Building, The Old Brewery, The Lookout and
the MarygatelHide Hill propertie5, its role as an employer. its continuing need to develop and deliver on ihe various
projects it undertakes and th¢ identification of a suilable capital venture to produce income to replace the loss of the
previous ongoing turbine income.
FINANCIAL REVIEW
Results for the Year
The overall income of the Trust during the period was £423.501 (2022 £375.384) wilh expenditure of £427,234 (2022
£389,672) The principal funding sources are shown in the appropriate notes to the accounls.
Fund Balances
The balances on the individual ￿ndS are set out in Note 17 to the accounts.
Funds received from awarding bodies wilh specific restrictions, or donations with donor requests, are spent against the
projects for which they were given. These reserves do not generally build up a5 they are given for specific activities and
purposes during the period. Restricted reserves stand at £318,762 (2022 £329,261) of which £289,384 (2022 £286,178)
is represented by Tangible Assets and £29,378 (2022 £43,083) is represented by the unspenl money in the speoified
projects. £1,126,846 (2022 £1.120,080) is held as unrestricted and designated fund5 carried forward for use by the
Trust.
Plans for 2024
Over the next 12 months the Trust expects to commit significant resources to:
Develop a landmark project (or projects) funded through cash reserves to ensure the long tenn fmancial stability
of the Trust.
Participate in, and promotion of, appropriate regeneration programmes for the town.
Provide ernployment support and advice as opportunity and finance allows.
Operation and support of the Food Bank and the Young Carers Project.
Operation of the Child Care contract with Northumberland County Council.
Community engagement on a range of projecls set up to benefit the town.
The continued operation of the William Elder Building for the benefit of the Community.
The dev¢lopment and future use of The Old Brewery and The Lookout.
Continue to provide beach wheelchair access at Spittal for resident5 and visitors.
A continuing review of the current planslpolicieslprocedures of the Trust.
Page 5

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECF.MBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Berwick Community Twst (BCT) is a Company Limited by Guarantee established by Metnorandum and Articles of
A550ciation dated 8th September 2004 and registered in England as a charity on the 18th April 2005.
BCT Membership is open to all who live or work ID the Berwick upon Tweed area with 74 individuals or organisations
currently registered. Director5rrrustees are elected from the membership at the AGM and serve on a Board that
oversees the Trust's work and manages its affairs. The DirectorslTrustees elect from themselves a Chair, Vice-chair and
Honorary Treasurer. Currently BCT has 9 Directorsrrrustees. The Direclorsrrruslees come from a range of business
and voluntary backgrounds and offer a broad diversity of skills and experience.
At 3 1st December 2023 BCT employed 15 members of staff headed by an Operations Director who is responsible for
day to day decision making. management of the staff team and ensuring Ihat the agreed work programmes are followed.
The Operations Director reports to the Board, and the Chair meets regularly with th¢ Operations Director to enhance
communication between the staff and the Board.
Th¢ contribution of volunteers is essential to the operation of the Trust and this is especially of Ihe significant
amount of work the Director￿ruSICeS have done through the course of the year. Volun*ers are also active in various
aspects of the Trnst's work and particularly the food bank.
The Dire¢torslTrustees would like to acknowledge the support and assistance given to the Trust by paid staff,
contractors and volunteers.
TRUSTEES, RESPONSIBILITIES
The Trustees (who are also directors of Berwick-Upon-Tweed Community Development Trust Limited for the purposes
of company law) are responsible for preparing the Trustees, Annual Report (including the Strategic Report) and the
financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each ffftancial year, which give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that period. In preparing these financial
statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently
observe the method5 and principles in the Charities SORP (FRS 102 (second edition - October 2019).
make judgements and estimates that are reasonable and prudent.
stale whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the fmancial statements.
prepare the flllancial statements on the going concern basis unless it is inappropriate to presume that the
haritable company will continue in operation.
The Trustees are responsible for keeping adequate accounling records that disclose with reasonable accuracy at any
time the financial position of the charitable company and enable them to ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5.
In so far as the Trustees are aware:
there is no relevant inforniation of which the charitable companvs accountants are unaware; and
the Trustees have taken all steps ihat they ought to have iaken to make themselves aware of any relevant audit
infomiation and to establish that the accountants are aware of that inforniation.
The Trustee5 are responsible for the maintenance and integrity of the corporate and f￿ancial infornlation included on
the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of
ftnancial statements may differ from legislation in other jurisdictions.
Page 6

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Disclosure of information to the Independent Reviewer
We, Ihe director5 OF the coTnpany who held office at the dat¢ of approval of these Financial Statements as set out above
each confTh, so far as we are aware. Ihat:
there is no relevant audit infom)ation of which the companys independent accountant5 are unaware. and
we have laken all the steps that we oughl to have taken as directors in order to make ourselves aware of any
relevant infomiation and to establish that the company's independent accountants are aware of ihat inforniation.
In approving the Trustees, Annual Report, we also approve the Strategic Report included therein. in our capacity as
cotnpany directors. l O, April 2024 Signed on ils behalf by..
arper - Truste
Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BERWICK-UPON-TWF.ED COMMUNITY DEVELOPMENT
TRUST LIMITED
Independent examiner's report to the Irustees of Benvick-Upon-Tweed Community Development Trust Limited
('the Company,)
report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December2023.
Responsibilities and ba5]5 of report
As the charity's trustee5 of the Company (and also its directors for the purpose5 of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of ihe Company are not required to be audiled under Part 16 of the 2006 Act
and are eligible for independent examinalion, I report in respect of my examination of your charity's accounts as carried
out undei. Section 145 of the Charities Act 2011 ('the 201 l Ace). In carrying out my examination I have follow¢d the
Directions given by the Charity Cojnmission under Section 145(5) (b) of th¢ 201 l Act.
Independent examiner's statement
Since your charity's gross income exceeded £250.000 your examiT]er must be a member of a listed body. I can confirn]
that l am qualified to undertake the examination because l am a member of ihe **ERROR - relevant professional body
must be completed**
which is one of the listed bodies.
I have completed my examination. J confimi that no matters have come to my attention in connection with the
examinalioTh giving me cause to believe:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other ihan any
requirement Ihat the accounts give a true and fair view which is not a matter considered as part of an
independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn tn this report in order to enable a proper understanding of ihe accounts to be reached.
M McLeman
J.H. Greenwood & Company
Chartered Accountants
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 INP
Date: l O April 2024
Page 8

BERWICK-UPON-TWEED COMMUNITY DEVELOPlVtENT
TRUST LIMITED
STATF,MENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
31112123
Total
fund5
31112122
Total
funds
Unrestricted
funds
Restricted
nds
Designated
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
67,038
33,002
10.475
110,515
119,648
Charitable activities
Charitable activities
13,188
189.031
202,219
180,468
Other trading activities
Investment income
70,639
40.028
loo
70,739
69,345
5,923
Total
190,893
199 506
423 501
375 384
EXPENDITURE ON
Raising funds
6,886
6,886
Charitable Aetlvlties
Charitable activities
174.322
210,006
420 348
389,672
Total
181208
210006
427 234
389 672
NET
INCOMEI(EXPENDITURE)
9.685
(2,918)
(10,500)
(3.733)
(14,288)
RECONCILIATION OF
FUIYDS
Total funds brought forward
929,189
190,891
329,261
,449,341
1,463,629
TOTAL FUNDS CARRIED
FORWARD
938,874
187.973
318.761
1445,608
1,449,341
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes forn] part of these financial ststements
Page 9

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIIKITED
REGISTERED NUMBER: 05290088
BALANCE SHEET
31 DECEMBER 2023
31112r23
Total
funds
31112122
Total
funds
Unrestricted
funds
Restricted
funds
Designated
Notes
FIXED ASSETS
Tangible assets
Investment propety
12
14
157,175
338,022
289,384
446,559
338,022
537,663
495,197
289,384
784.581
537,663
CURRENT ASSETS
Debtors
Cash at bank and in hand
15
31.904
444.616
2,026
33,930
666.867
13,907
924 778
476,520
187,973
36.304
700,797
938.685
CREDITORS
Amounts falling due within one
year
16
(32,844)
(6,926)
{39,770)
(27,007)
NET CURRENT ASSETS
443 676
187,973
29,378
661027
911678
TOTAL ASSETS LESS
CURRENT LIABILITIES
938,873
187,973
318,762
1,445,608
1,449,341
NET ASSETS
938 873
187973
318762
1445 608
1,449 341
FUNDS
Unrestricted funds
Restricted funds
17
1,126,846
318762
1,120,080
329 261
TOTAL FUNDS
1445 608
1449 341
The Charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2023 in accordance wilh Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting record5 that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with ihe requirernents of ihe Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
(b)
The notes forni part of these ffftancial statements
Page 10
continued...

BERWICK-UPON-TWEED COMMUNITY DEVELOPMEIYT
TRUST LIMITED
EGISTERED NUMBER: 05290088
BALANCE SHEET- continued
31 DECIMBER 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statetnents were approved by the Board of Trustees and authorised for issue on ioth April 2024 and were
signed on ils behalf by..
D R Ha￿er- Truste
The notes forni part of these financial statements
Pagell

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
NOTES TO THF. FINANCIAL STATEMENTS
FOR THE YEAR F,NDKD 31 DECEMBER 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The fmancial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to chartties preparing their accounts in accordance with the Financial
Reporting Standard applicable in ihe UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The fmancial slatements have been prepared under the historical cost
convention, with the exception of investments which are included at markel value.
Income
All income is recognised in the Statement of Financial Aclivities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilili¢s are recognised as expenditure as soon as there is a legal or constructive obligalion cornmitting th¢
charity to that expenditure. it is probable that a transfer of cconomic benefils will be required in settlement and
the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost relaled to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Freehold property
Plant and machinery
Computer equipment
not provided
Straight line over 4 years
Slraight line over 4 years
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from Changes in
fair value is recognised in the Slalement of Financial Activities.
Taxation
The charity is exempt from corpordtion tax on ils charitable activities.
Fund Aeeounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted fund5 can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in tILe notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operales a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which
they relate.
Page 12
continued...

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
NOTES TO THE FIIYANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
DONATIONS AND LEGACIES
31112123
31112122
Donations
Grants
Commission on sales as donations
53,379
57,076
60
37,843
81.429
376
110,515
119,648
Grants received, included in the above, are as follows..
31112123
31112122
NCC Community Chest
Tesco Groundwork Token Scheme
Community Fund
Madeline Kinlen Fund
The Lough Fund
Neighbourly Fund
BerwickTown Council
Northumberland County Council
Graniscape
Community Foundation
Newcastle Building Society
Other grants
1,200
500
18,663
8,333
8,333
500
6,875
34,525
19,551
1,000
2,000
OTHER TRADING A￿[VITIEs
31112123
31112122
Rents and services
Casual r(iom hire
44,981
49,152
70,739
INVESTMENT INCOME
31112123
31112122
Rents received
Deposit a¢count interest
13,688
40,028
Page 13
continued...

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YF.AR F,NDED 31 DECEMBER 2023
INCOME FROM CHARITABLE ACTIVITIES
31112r23
31112122
Activity
Charitable activities
Childcare services
202219
180,468
RAISING FUNDS
Investment management costs
31112123
31112122
Property repairs
Property insurance
Costs of letting
4,714
1,484
688
CHARITABLE ACTIVITIES COSTS
Support
sts (see
note 8)
Direct
Costs
Totals
Charilable activiti¢s
416794
420,348
SUPPORT COSTS
Governan¢¢
costs
Charitable activities
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) As stated after chargingl(crediting):
31112123
31112122
Depreciation - owned assets
io.
TRUSTEES, REMUNERATION AND BENEFITS
There were no ttU5tees' remuneration or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December2023 nor for the year ended
31 December 2022.
Page 14
continued..,

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
ii.
STAFF COSTS
31112123
31112122
Wages and salaries
Social security costs
oiher pension costs
277,122
14,411
276,007
10,943
8,025
299,533
294,975
The average monihly number of employees during the year was as follows:
31112123
15
31112122
17
Employed in charitable activities
No employees received emoluments in excess of £60,000.
12.
TANGIBLE FIXED ASSETS
Freehold
property
Plant and
machinery
Computer
equipment
Totals
COST
At l January 2023
Addilions
Reclassification
807.061
15,671
5,398
36,264
858,996
5,398
90 985)
90 985)
At 31 December 2023
716 076
773 409
DEPRECIATION
At l January 2023
Charge for year
281.126
10,939
29.268
321,333
At 31 December 2023
281 126
326,850
NET BOOK VALUE
At 31 Decemb¢r 2023
434 950
446 559
At 31 December 2022
525 935
537,663
13.
FIXED ASSET INVESTMENTS
There were no inveslment assets outside the UK.
Page 15
continued...

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMtTED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
14.
INVESTMENT PROPERTY
FAIR VALUE
Additions
Reclassification
247,037
90,985
At 31 December 2023
338,022
NET BOOK VALUE
At 31 December2023
338.022
At 31 December 2022
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31112r23
31112122
Trade debtors
Prepayments and accrued income
18,629
2,500
33,930
16,
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31112123
31112122
Trade creditors
Social security and other taxes
Accruals and deferred income
1,212
8,821
2,307
13,241
11,459
Page 16
continued...

BERWICK-UPON-TWEED CoMI￿NITy DEVELOPMENT
TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
17.
MOVEMENT IN FUNDS
N¢t
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
Food bank - Designated
Core Legacy - Designated
Repair5 fund - designaled
929,189
16,054
164,837
9,684
9.788
(12.706)
938,873
25,842
152.131
i 0,000
1,120,080
6,766
1,126,846
Restricted funds
Young Carer's scheme
Three Fields Resident Ass
Safe Steps
NCC Communities Together
William Elder
Tourisrn Project
Beach Wheelchairs
Defibrillator- Restricted
Bridge 400
6,672
296
3,626
13,726
285,000
4,047
13,393
2,501
(5,210)
(296)
1,462
3,626
13,726
285,000
(4,047)
(1,244)
(392)
690
12,149
2,109
690
329261
318762
TOTAL FUNDS
449 341
1,445 608
Net movement in funds, included in ih¢ above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Food bank - Designated
Core Legacy - Designated
190,893
33,102
(181,209)
(23,314)
12 706)
9,684
9,788
12,706)
223,995
(217,229)
6,766
Restricted funds
Restricled - Childcare
Young Carerfs scheme
Three Fields Resident Ass
Tourism Project
Beach Wheelchairs
Defibrillator- Restricted
Bridge 400
189,031
(189,031)
(5,210)
(296)
(13,422)
(1,244)
(392)
(5,210)
(296)
(4,047)
(1,244)
(392)
690
9,375
199 506
210.005
10499)
TOTAL FUNDS
423,501
427,234)
Page 17
continued...

BERWICK-UPON-TWEED COMMUIYITY DEVELOPMENT
TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
17.
MOVEMENT IN FUNDS- eontinued
Comparatives for movement in funds
Net
movement
in funds
At
31.12.22
At 1.1.22
Unrestricted funds
General fund
Food bank - Designated
Core Legacy - Designated
Repairs fund - designated
930,221
5,211
185,587
(1,032)
10,843
(20,750)
929,189
16,054
164,837
10.000
l.l31,019
(10,939)
1,120,080
Restricted funds
Young Carevs scheme
Three Fields Resident Ass
Safe Steps
NCC Communities Together
William Elder
Tourism Project
Beach Wheelchairs
Defibrillator - Restricted
6,549
296
3,860
19,461
285,000
7,051
10,393
123
6,672
296
3,626
13,726
285,000
4,047
13,393
2,501
(234)
(5,735)
(3,004)
3,000
332 610
329261
TOTAL FUNDS
1463,629
14288)
449,341
Comparative net movement in fvnds, included in ihe above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Food bank - Designated
Core Legacy - Designated
154,655
30,356
(155,687)
(19,513)
20 750)
(1,032)
10,843
20 750)
185,011
(195,950)
(10,939)
Restricted funds
Reslricted - Childcare
Young Carels scheme
Safe Steps
NCC Communities Together
Tourism Project
Beach Wheelchair5
Defibrillator - Restricted
166,851
4,502
(166,851)
(4,379)
(234)
(5,735)
(16,110)
123
(234)
(5,735)
(3,004)
3,000
13.106
3,000
2,914
190,373
193 722
3.349)
TOTAL FUNDS
375.384
389,672)
14,288)
Page 18
continued.,.

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 DECEMBF.R 2023
18.
OTHER FINANCIAL COMMITMENTS
Held withing general funds are balances on donations and grant which were received and ringfenced for specific
expenses, these expenses had not been incurred by the y¢ar end. These include £212 to cover room hire by
local groups, £1,875 from the Town Council to promote tourism in the area and £900 from Simpsons Malt
which has been used for general expenses in early 2024.
19.
RELATED PARTY DISCLOSURES
There were no related party trdnsaclions for the year ended 31 December 2023.
Page 19

BERWICK-UPON-TWEED COMMUNITY DEVELOPMENT
TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
31112123
Total
funds
31112122
Total
funds
Unrestricted
funds
Restricted
funds
INCOME AND ENDOWMENTS
Donations and legAeies
Donations
Grants
Commission on sales as donations
52.279
47.701
60
1,100
9,375
53.379
57.076
60
37,843
81,429
376
100,040
10,475
110,515
119,648
Other trading Activities
Rents and services
Casual room hire
44,981
44,981
49,152
70,739
70,739
69,345
Investmenl income
Rents received
Deposit account interest
13,688
13,688
5.923
40,028
40,028
5,923
Charitable Activities
Childcare services
189031
202219
180468
Total incoming resourees
223,995
199,506
423,501
375,384
EXPENDITURE
Investment management costs
Propety repairs
Property insurance
Costs of letting
4,714
1,484
688
4,714
1,484
688
6.886
6,886
Charitable activities
Wages
Social security
Pensions
Rent, rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Ca￿led forward
101,852
2.489
2,767
17,459
4,640
4,830
2,705
741
3,610
141,093
175,270
11,922
5,233
277,122
14,411
8,000
17,459
4,640
4,830
2,771
741
5,739
335,713
276,007
10,943
8,025
15,593
4,040
5,348
2,876
673
4,991
328,496
66
2,129
194,620
This page does not forni part of the statutory f￿anCIal statements
Page 20

BERWICK-UPON-TWKED COMMUNITY DEVELOPMENT
TRUST LIMITED
DETAILED STATEMF.NT OF FINANCIAL AcfiviTIES
FOR THF. YEAR ENDED 31 DECEMBER 2023
31112123
Total
funds
31112122
Total
funds
Unrestricted
funds
Restricted
funds
Charit8ble 2Ctivities
Broughi forward
Equipment repairs and renewals
Computer and IT costs
Staff Training
Travel cosls
Promotional activities
Food bank purchases
Professional fees
Bank charges
Property repairs
Property insurance
Donations made
Plant and machinery
Computer equipment
141,093
506
721
562
194,620
411
420
335.713
917
1,141
562
121
170
3,013
17,235
934
27,260
7,017
17,194
3,023
328,496
728
3,045
2,277
493
1,278
1.181
8.144
623
6,024
4,716
25,669
2,170
170
3.013
3,687
934
27.260
7,017
17,194
2,017
13,548
1,006
206,789
210,005
416,794
387,572
Support costs
Governance costs
Accountancy and legal fees
Total resources expended
217229
210005
427 234
389 672
Net (expenditure)lincome
10499)
14 288)
This page does not form part of the statutory fmancial statements
Page21