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2023-03-31-accounts

D611Sg9 CFt6I1N Annual Report 1st April 2022- 31st March 2023 PJ

OPEN PASSIONATE INNOVATIVE INCLUSIVE AMBITIOUS EMPOWERING Is

Unrestricted Restricted Total Total
funds funds funds funds
Note 2023
6		 2023
F		 2023
6		 2022f
INCOME FROM:
Donations
and legacies		 575,217 217,181 792,398 1,131,061
Charitable
activities		 401,897 534,575 936,472 471,569
Other trading
activities		 799,658 799,658 793,300
Investments 8,725 8,725 4,982
TOTAL INCOME 1,785,497 751,756 2,537,253 2,400,912
EXPENDITURE ON:
Raising funds 7 821,959 72,243 894,202 893,433
Charitable
activities		 8 1,014,279 814,603 1,828,882 1,507,680
TOTAL EXPENDITURE 1,836,238 886,846 2,723,084 2,401,113
NET EXPENDITURE BEFORE NET
(LOSSES)/GAINS ON INVESTMENTS (50,741) (135,090) (185,831) (201)
Net (losses)/gains on investments (10,343) (10,343) 1,640
NET MOVEMENT IN FUNDS (61,084) (135,090) (196,174) 1,439
RECONCILIATION OF FUNDS:
Total funds brought forward 1,715,259 289,439 2,004,698 2,003,259
TOTAL FUNDS CARRIED FORWARD 1,654,175 154,349 1,808,524 2,004,698

Note 2023f 2022f
FIXEDASSETS
Tangible assets 14 1,278,742 1,296,281
Investments 15 211,216 228,743
1,489,958 1,525,024
CURRENT ASSETS
Stocks 16 2,656
Debtors 17 122,708 136,734
Cash at bank and in hand 472,566 552,233
597,930 688,967
Creditors: amounts falling due within one
year 18 (279,364) (209,293)
NET CURRENT ASSETS 318,566 479,674
TOTAL NET ASSETS 1,808,524 2,004,698
CHARITY FUNDS
Restricted funds 19 154,349 289,439
Unrestricted
funds		 19 1,654,175 1,715,259
TOTAL FUNDS 1,808,524 2,004,698

Note 2023
6		 2022f
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash used
in operating		 activities 21 30,448 69,239
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends and interest 8,725 4,982
Purchase oftangible
fixed		 assets (112,142) (146,309)
Proceeds from sale of investments 80,799 29,221
Purchase of investments (79,398) (31,628)
Investment management fees (970) (1,395)
NET CASH USED IN INVESTING ACTIVITIES (102,986) (145,129)
CHANGE IN CASH AND CASH EQUIVALENTS IN THE PERIOD (72,538) (75,890)
Cash and cash equivalents at the beginning ofthe period 570,468 646,358
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 22 497,930 570,468
The notes on pages 45 to 67form part ofthese financial statements

Unrestricted Restricted Total Total
funds funds funds funds
2023
8		 2023
8		 2023
8		 2022f
Donations 105,217 105,217 326,222
Legacies 70,000 70,000 2,500
Grants 400,000 217,181 617,181 797,854
Coronavirus Job Retention Scheme 4,485
575,217 217,181 792,398 1,131,061
Total 2021 633,157 497,904 1,131,061

Unrestricted Restricted Total Total
funds funds funds funds
2023 2023 2023 2022
6 6 6
Children's services 1,345
Family support 100,430 534,575 635,005 235,334
Educational placements 236,327 236,327 195,560
Training services 46,886 46,886 24,940
Adult services 18,254 18,254 14,390
401,897 534,575 936,472 471,569
Total 2022 283,571 187,998 471,559

Unrestricted Total Total
funds funds funds
2023
8		 2023
8		 2022f
Retail 660,560 660,560 684,565
Merchandise sales 3,810 3,810 280
Fundraising events 126,171 126,171 102,401
Other income 9,117 9,117 6,054
799,658 799,658 793,300
Total 2022 793,300 793,300

Unrestricted Total Total
funds funds funds
2023 2023 2022
6 6 5
Deposit account interest 2,027 2,027 189
Investment income 6,698 6,698 4,793
8,725 8,725 4,982
Total 2022 4,982 4,982
Unrestricted Restricted Total Total
funds funds funds funds
2023 2023 2023 2022
6 6 6
Fundraising costs ofgrants and donations 35,653 12,600 48,253 5,686
Cost offundraising events 50,701 50,701 27,689
Superstore costs 212,525 10,000 222,525 246,138
Wages and salaries 498,396 49,643 548,039 602,335
Depreciation 10,802 10,802 10,190
Investment management fees 970 970 1,395
Impairment of investment 12,912 12,912
Total 2023 821,959 72,243 894,202 893,433
Total 2022 847,070 46,363 893,433

Unrestricted Restricted
funds funds Total Total
2023f 2023f 2023f 2022f
Children's services 243,336 353,444 596,780 416,677
Family support 1,456 453,735 455,191 381,512
Educational placements 346,337 346,337 324,167
Training services 118,203 118,203 84,817
Adult services 304,947 7,424 312,371 300,507
1,014,279 814,603 1,828,882 1,507,680
Total 2022 888,106 619,574 1,507,680

Activities
undertaken Support Total Total
directly costs funds funds
2023f 2023f 2023f 2022f
Children's services 375,712 221,068 596,780 416,677
Family support 308,238 146,953 455,191 381,512
Educational placements 205,035 141,302 346,337 324,167
Training services 89,943 28,260 118,203 84,817
Adult services 216,288 96,083 312,371 300,507
1,195,216 633,666 1,828,882 1,507,680
Total 2022 1,026,098 481,582 1,507,680
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Unrestricted Total Total
funds funds funds
2023 2023 2022
6 6 8
Auditors' remuneration 8,040 8,040 6,822
Auditors' non audit costs 1,464 1,464 1,488
Consultancy, legal &professional fees 950
Wages and salaries 58,961 58,961 58,825
68,465 68,465 68,095
Total 2022 68,095 68,095

2023 2022
6
Wages and salaries 1,766,743 1,551,380
Social security costs 132,193 108,886
Contribution to defined contribution pension scheme 33,886 29,576
1,932,822 1,689,842
2023 2022
No. No.
Management and administration 18 12
Fundraising 4
Charitable activities - service delivery 63 57
Retail 30 30
113 103
2023 2022
No. No.

Improveme
nts to long- Fixtures,
term fittings and
Freehold leasehold Plant and Motor computer
property
f		 property
f		 machinery
f		 vehicles equipmentf Totalf
Cost
At 1 April 2022 1,335,085 119,389 83,859 31,330 526,060 2,095,723
Additions 2,010 74,507 14,295 21,330 112,142
At 31 March 2023 1,337,095 193,896 98,154 31,330 547,390 2,207,865
Depreciation
At 1 April 2022 384,196 48,021 61,932 6,266 299,027 799,442
Charge for the period 25,705 10,802 5,483 6,266 81,425 129,681
At 31 March 2023 409,901 58,823 67,415 12,532 380,452 929,123
Net book value
At 31 March 2023 927,194 135,073 30,739 18,798 166,938 1,278,742
At 31March 2022 950,889 71,358 21,927 25,054 227,033 1,296,281

Investments Investments
III
subsidiary Listed Unlisted
companies f investments
f		 investments
f		 Totalf
Cost or valuation
At 1 April 2022 1 210,507 18,235 228,743
Additions 79,398 80,799 160,197
Disposals (80,799) (79,398) (160,197)
Revaluations (23,255) (23,255)
Investment manager fees (970) (970)
Dividends receivable 6,698 6,698
At 31 March 2022 1 185,851 25,364 211,216
Investments at market value
2023
6
Equities 185,851 210,507
Cash within investment porffolio 25,364 18,235
Investment in trading subsidiary 1
211,216 228,743

The following was a subsidiary
undertaking		 ofthe Charity :
Name Company Registered office or principal Class of
number place ofbusiness shares
Daisy Chain Trading (Teesside) Limited- 05209370 Calf Fallow Farm, Calf Fallow Ordinary
Dormant Lane, Norton, Stockton On Tees, Holding
TS20 1PF 100%
16. STOCKS
2023f 2022f
Goods for resale 2,656
17. DEBTORS
2023f 2022f
Trade debtors 83,503 68,034
Other debtors 3,493 5,319
Prepayments and accrued income 35,712 63,381
122,708 136,734

2023 2022
5
Trade creditors 57,153 46,156
Taxation and social security 30,808 26,212
Other creditors 7,859 6,555
Accruals and deferred
income		 183,544 130,370
279,364 209,293
2023 2022
5 5
Deferred income at 1 April 2022 37,915 12,802
Resources deferred during the period 102,839 37,915
Amounts released from previous periods (37,915) (12,802)
Deferred income at 31 March 2023 102,839 37,915

STATEM EN T O F FUNDS - CUR RENT PERIO D
Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022 Income Expenditure in/out (Losses) 2023
E E E E E E
Unrestricted
funds
Designated
funds 245,000 (110,000) 135,000
General funds 1,470,259 1,785,497 (1,836,238) 110,000 (10,343) 1,519,175
Total
unrestricted
funds 1,715,259 1,785,497 (1,836,238) (10,343) 1,654,175
Restricted
funds
Children In
Need - Holiday
Club 6,281 31,724 (38,005)
People' s
Postcode
Lottery-
General 203,344 (203,344)
People' s
Postcode
Lottery
Innovation
Trust 7,175 (7,175)
Santander
Foundation 65,054 (31,774) 33,280
Children In
Need - First
Steps
Performing Arts 16,912 (16,912)
Masonic
Charitable
Foundation 19,609 (19,609)

STATEMENT O F FUNDS - CUR RENT PERIO D (continued)
Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022 Income Expenditure in/out (Losses) 2023
E E 6 6 6 6
North East
Cumbria ICB-
Main Contract 534,575 (440,866) 93,709
North East
Cumbria ICB-
Variations 36,118 10,000 (36,118) 10,000
Climate Action
Fund 72,243 (72,243)
Other grants 38,160 (20,800) 17,360
Total
restricted
funds 289,439 751,756 (886,846) 154,349
Total offunds 2,004,698 2,537,253 (2,723,084) (10,343) 1,808,524

STATEME NT OF FUNDS - PRIO R PERIOD
Balance at
Balance at Transfers Gainer 31March
1 April 2021 Income Expenditure inlout (Losses) 2022
6 6
Unrestricted
funds
Designated
funds 30,000 (15,000) 230,000 245,000
General funds 1,615,726 1,715,010 (1,720,176) (141,941) 1,640 1,470,259
Total
unrestricted
funds 1,645,726 1,715,010 (1,735,176) 88,059 1,640 1,715,259
Restricted
funds
CCG Hartlepool 55,333 (55,333)
Cummins 33,363 (33,363)
The Mercers
Company 6,078 (6,078)
Children
In
Need - Holiday
Club 4,134 31,224 (29,077) 6,281
People' s
Postcode
Lottery 111,174 250,000 (157,830) 203,344
Coronavirus
Mental
Health
Response Fund 10,420 (10,420)
Nationwide 34,798 (34,798)
People's
Postcode
Lottery
Innovation
Trust 99,030 (4,556) (87,299) 7,175

Balance at Balance at
Balance at Transfers Gainer 31March
1 April 2021 Income Expenditure inlout (Losses) 2022
6
Children
In
Need - First
Steps
Performing Arts 14,971 53,231 (51,290) 16,912
County
Durham
Community
Foundation 6,466 (6,466)
Masonic
Charitable
Foundation 22,099 28,100 (30,590) 19,609
Newcastle
Building Society 6,000 (6,000)
Stockton
Borough
Council 6,000 (6,000)
Tees Family
Foundation 10,000 (10,000)
Tees Valley
CCG 64,000 (66,562) 2,562
Tees Valley
CCG 123,998 (123,998)
CCG NHS Tees 59,016 (22,898) 36,118
Climate Action
Fund 1,000 (1,000)
Small grants 9,000 4,000 (9,678) (3,322)
Total
restricted
funds 357,533 685,902 (665,937) (88,059) 289,439
Total offunds 2,003,259 2,400,912 (2,401,113) 1,640 2,004,698

Analysis ofnet assets between funds - current year
Unrestricted Restricted Total
funds funds funds
2023 2023 2023
F F
Tangible fixed assets 1,278,742 1,278,742
Fixed asset investments 211,216 211,216
Current assets 443,581 154,349 597,930
Creditors due within one year (279,364) (279,364)
Total 1,654,175 154,349 1,808,524
Analysis of net assets between funds - prior year
Vnrestricted Restricted Total
funds funds funds
2022 2022 2022
5
Tangible fixed assets 1,296,281 1,296,281
Fixed asset investments 228,743 228,743
Current assets 399,528 289,439 688,967
Creditors due within one year (209,293) (209,293)
Total 1,715,259 289,439 2,004,698

2023
6		 2022f
Net
income/expenditure		 for the year (as per Statement of Financial
Activities) (196,174) 1,439
Adjustments
for:
Depreciation charges 129,681 111,208
(Gains)/losses
on investments		 23,255 (1,640)
Dividends, interests
and		 rents from investments (8,725) (4,982)
Loss on the sale offixed assets 12,564
Decrease/(increase)
in stocks		 (2,656) 1,054
Decrease/(increase)
in debtors		 14,026 (70,871)
Increase
in		 creditors 70,071 19,072
Investment management fees 970 1,395
Net cash provided
by operating		 activities 30,448 69,239
22. ANALYSIS OF CASH AND CASH EQUIVALENTS
2023f 2022f
Cash in hand 472,566 552,233
Cash within investment
porffolio		 25,364 18,235
Total cash and cash equivalents 497,930 570,468
23. ANALYSIS OF CHANGES
IN NET DEBT
At 1 April At 31 March
2022 Cash flows
f		 2023
Cash at bank and
in hand		 552,233 (79,667) 472,566
552,233 (79,667) 472,566

At 31 Mar
cancellable		 ch 2023 the Charity
had commitments
to make
f
operating leases as follows:		 uture
minimum
lease payments		 under
non-
2023
6		 2022f
Not later than
1 year		 343,142 89,835
Later than 1 year and not later than 5years 813,595 354,000
Later than 5years 29,500 29,500
1,186,237 473,335