|Report of the Trustees||||1|to|5| |---|---|---|---|---|---|---| |Independent
Examiner's||Report||||| |Statement
of Financial||Activities||||| |Balance Sheet||||8|to|9| |Notes to the Financial|Statements|||10|to|19| |Detailed
Statement
of|Financial||Activities||20|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||Notes||funds|funds|funds|funds| |INCOME AND ENDOWMENTS||FROM|||f|f|f|| |Donations
and legacies|||||8,073|51,529|59,602|38,533| |Investment
Income|||||121,383||121,383|108,343| |Other Income|||||85,314||86,314|81,000| |Total|||||214,750|51,529|266,279|223,878| |EXPENDITURE ON||||||||| |Charitable
activities||||||||| |General charitable|activities|||3|92,602|45,342|137,944|132,876| |Net gains on Investments||||||||| |NET INCOME|||||122,148|8,187|128,338|111 ~Il~| |Transfers
between|funds|||16||||| |Net movement
In funds|||||122,148|6,187|128,336|91,000| |RECONCILIATION
OF FUNDS||||||||| |Total funds brought|forward||||881,870|15,444|897,314|806,314| |TOTAL FUNDS CARRIED FORWARD|||||1,004,018|21,831|1,025,849|897,314| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |INVESTME|NT INCOME|||| |---|---|---|---|---| ||||2023|2022| |||||f| |Rents &service charges|||121,363|106,343| |Breakdown|of investment|income||| |Rents and|service charges||2023
5|2023f| |General fund|||22,500|22,685| |Spetchells|fund||98,863|83,658| |Total|||121,363|106343| |Direct|Grant||| |---|---|---|---| |Costs (sse|funding|of|| |note 4)|activities||Totals| |5|5||| |92,602|||92,602| ## ## ## |Breakdown|ofexp|enditure
between|funda||||| |---|---|---|---|---|---|---|---| ||||General|Spetchells
f|Other
8|2023
8|2022f| |Staff costs|||1,983|17,850||19,833|17,325| |Utilities||||18,794||18,794|9,701| |Insurance||||3,969||3,969|3,786| |Telephone||||3,668||3,668|3,477| |Printing,
stationery||& advertising||104||104|162| |Cleaning
&|maintenance|||19,996||19,996|24,953| |Accountancy||||2,810||2,810|2,587| |Professional|fees||1,156|4,181||5,317|1,270| |Depreciation|||||||994| |0/8ce costs|||||||1,879| |Interest||||6,543||6,543|7,112| |Other costs|||2,041|27||2,068|1,116| |Development|activities||9,500|||9,500|58,533| |Grants to institutions|||||||| ||||14680|77,922||92802|132875| ||||2023|2022|2022| |---|---|---|---|---|---| ||||f|5|| |Depreciation|-ovmed assets||||994| |Independent|examiner's|fees|1,5X|1|500| ## ## ## |7|STAFF COSTS||||||| |---|---|---|---|---|---|---|---| |||||||2023f|2022
f| ||Wages snd salaries|||||19,386|18,932| ||Other pension costs|||||447|393| |||||||18,833|12325,| ||The average
monthly
number of|employees||during the year was as follows:|||| |||||||2023|2023| ||Management
and administration|||||2|2| ||No employees
received emoluments||in excess off60.000.||||| |8|COMPARATIVES FOR THE STATEMENT|||OF FINANCIAL ACTIVITIES|||| ||||||Unrestricted|Restricted|Total| ||||||funds|funds|funds| ||INCOME AND ENDOWNIENTS|FROM|||f|f|f| ||Donations
and legades||||8,073|51,529|59,602| ||Investment
income||||121,363||121,363| ||Other income||||85 314||85,314| ||Total||||214,750|51,529|266,279| ||EXPENDITURE ON||||||| ||Charitable
activities||||||| ||General charitable
activities||||92,602|45,342|137,944| ||Net gains on investments||||||| ||NET INCOME (EXPENDITURE)||||122,148|8,187|128,335| ||Transfer between funds||||||| ||Net movement
in funds||||122,148|B,187|128,335| ||RECONCILIATION
OF FUNDS||||||| ||Total funds brought forward||||881,870|15,444|897,314| ||TOTAL FUNDS CARRIED FORWARD||||1 004,018|21,631|1,025,849| ## ## ## |9|TANGIBLE FIXEDASSETS||Fixtures|| |---|---|---|---|---| |||Long|and|| ||COST|leasehold|iittingsf|Totals| ||As at 1 April 2022 and 31 March 2023|1,117,500|62,534|1,180,034| ||DEPRECIATION|||| ||As at 1 April 2022||62,534|62,534| ||Charge for year|||| ||At 31 March 2023||62,534|82,534| ||NET BOOK VALUE|||| ||At 31 March 2022|1,117,500||1,117,500| ||At March 2023|1,117500||1,117500| ## ## |FAIR VALUE|||| |---|---|---|---| |As 1 April 2022|||| |and March 2023|||227,500| |NET BOOK VALUE
At 31 March 2023|||227 600
227600,| |DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||| |||2023|2022f| |Trade debtors||4,861|4,388| |Other debtors||25|25| |Prepayments
and accrued income||1 703|2,980| |||6,369|7,393| ## ## |12|CREDITORS - AMOUNTS|CREDITORS - AMOUNTS|CREDITORS - AMOUNTS|FALLING DUE WITHIN ONE YEAR||||| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||Bank loans and overdrafts|||(sse note 14)|||28,694|28,694| ||Trade creditors||||||9,565|3,167| ||Social security and other||taxes||||38|69| ||VAT||||||742|3,250| ||Other Creditors||||||486|468| ||Accruals and deferred|income|||||568|568| ||||||||4~,073|38,214| |13|CREDITORS - AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR|||2023|2022| ||||||||f|f| ||Elank loans (see note|14)|||||426 295|536,328| |14|LOANS|||||||| ||An analysis ofthe maturity|||ofloans is given below:||||| ||||||||2023|2022| ||||||||f.|f.| ||Amounts
falling due within|||one year on demand:||||| ||Bank loans||||||28,694|28694| ||Amounts
falling between||two and five years|||||| ||Bank loans
1 - 2 years||||||28,694|28694| ||Amounts
falling between||two and five years|||||| ||Bank loans 2 - 5years||||||86,082|86082| ||Amounts
falling due in|more than five years||||||| ||Repayable
by instalments|||||||| ||Bank loans more than|5 yrs by instalmsnt|||||282,816|283,891| ||Repayable
other than|by|instalmsnts:|||||| ||Bank loans more than|5 yrs non-instalments||||||108,967| |15|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||| ||||||||2023|2022| |||||i)00tfitggtfid|st'|ed|Total|Total| |||||funds|||(gggfif|(Itggfi
K| ||Fixed assets|||1,117,500|||1,117,500|1,117,500| ||Investments|||227,500|||227,500|227,500| ||Current assets|||96,883|21,831||118,314|124,856| ||Current
liabilities
Long term liabilities|||(40,073)
~397592,|||(38,214)
(40,073)
~317592,
~536,328|| |||||1 004,018|21,831||1,025,649|897,314| ## ## |MOVEMENT
IN FUN|DS||||| |---|---|---|---|---|---| ||||Nst|Transfers|| |||At|Movsmsnt|between|At| |||0.04.22|in funds|funds|31.3.23| |||f|8|8|| |Unrestricted
funds|||||| |General fund||101,892|7,993|(24,581)|85,304| |Spetchells
fund|||114,155|(114,155)|| |Capital fund||779,978||138,736|918,714| |||881,870|122,148||1,004,018| |Restricted funds|||||| |Climate Change|||490||490| |Community
events||5,137|710||5,847| |Community
Chest|||(903)||(903)| |Credit Union|||203||203| |Employment
Skills &|Advice Centre||2,915||2,915| |Estelle library fund|||(340)||469| |Karbon Homes - Event Support|||480||480| |Karbon Homes - Space for Nature|||825||825| |Karbon Homes - Warm Spaces|||1,000||1,000| |Kickstart||731|332|(1,063)|| |Let's Get Digital||245|||245| |Music by the river|||2,838||2,836| |Pocket Park||5,033|(411)||4,622| |Prudhoe
Community|Hub|(6,253)|(3,583)|5,215|(4,621)| |Prudhoe
& District Local History Society|||3,009||3,009| |Queens Jubilee Fund||3,000|(2,694)||306| |Radio Prudhoe||322|322|(844)|| |Spetchells Welcome|Desk|691|(80)||611| |The East Centre|||(194)||(194)| |Thriving
Together VCSE|||1,916||1,916| |Upcycling
Project||1,979|(404)||1,575| |VIP income||3,750|(242)|(3,508)|| |||15,444|8,187||21,631| |TOTAL FUNDS||897314,|128,335||1 025 e4il| ## ## |Nst movement
in|funds,|funds,|included|in ths above are as follows:|||| |---|---|---|---|---|---|---|---| ||||||Incoming|Resource8|Movement| ||||||I88OUI'CS8|expended|in funds| ||||||8||8| |Unrestricted
funds|||||||| |General
fund|||||22,500|14,507|7,993| |Spstchells
fund|||||192,250|78,095|114155| ||||||214,750|92,602|122,148| |Restricted funds|||||||| |Community
events|||||||| |Estells Library fund|||||||| |Energy Study|||||||| |Pocket Park|||||||| |Climate Change|||||490||490| |Community
events|||||1,495|785|710| |Community
Chest||||||903|(903)| |Credit Union|||||903|700|203| |Employment
Skills &||Advice Centre|||4,510|1,595|2,915| |Estoile library fund||||||340|(340)| |Karbon Homes-|Event Support||||1,000|520|480| |Kerbon Homes -|Space for Nature||||2,780|1,955|825| |Kerbon Homes - Warm Spaces|||||1,000||1,000| |Klck8tart|||||5,912|6,643|(731)| |Music by the river|||||2,857|21|2,836| |Pocket Park||||||411|(411)| |Prudhoe
Community||Hub|||6,027|4,395|1,632| |Prudhoe
& District Local|||History Society||3,502|493|3,009| |Queens Jubilee Fund||||||2,694|(2,694)| |Radio Prudhoe|||||5,665|5,987|(322)| |Spetchells Welcome||Desk||||80|(80)| |The East Centre|||||13,196|13,390|(194)| |Thriving
Together
Upcyding
Project
VIP income|VCSE||||2,000
192|84
598
3,750|1,918
(404)
~3755,| ||||||51,529|45,342|6,187| |TOTAL FUNDS|||||2$!275|137,344|125,335| ## ## |Comparatives
for movement|Comparatives
for movement|in funds|||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||At||Movement|between|At| ||||0.04.21||in funds|funds|31.3.22| ||||||8|8|| |Unrestricted
funds|||||||| |General
fund|||116,293||8,994|(21,395)|101,892| |Spetchells
fund|||||108,154|(108,154)|| |Capital
fund|||843,773|||136,205|779,978| ||||780,068||115,148|6,856|881,870| |Restricted funds|||||||| |Community
events|||7,967||(2,830)||5,137| |Estelle Library fund||||850|(41)||809| |Energy Study|||27,642||(20,986)|(6,656)|| |Pocket Park|||9,789||(4,758)||5,033| |Queen's Jubilee|||||3,000||3,000| |Upcyding
Project|||||1,979||1,979| |VIP Income|||||3,750||3,750| |Front Street|||||(6,253)||(8,253)| |Spetchells Welcome Desk|||||691||691| |Kickstart|||||731||731| |Let's Get Digital|||||245||245| |Radio Prudhoe|||||322||322| ||||46,248||~24, 148|6,656|15,444| |TOTAL FUNDS|||908314||91 00~||897,314| |Comparative
net movement|in|funds, induded|in the above srs as follows:||||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| ||||||f|8|8| |Unrestricted
funds|||||||| |General fund|||||22,812|15,818|6,994| |Spetchells
fund|||||177,178|69,024|108,154| ||||||199,990|84,842|115,148| |Restricted funds|||||||| |Community
events||||||2,830|(2,830)| |Estelle Library fund||||||40|(40)| |Energy Study||||||20,986|(20,986)| |Pocket Park||||||4,756|(4,756)| |Queens Jubilee|||||3,000||3,000| |Upcyding
Project|||||1,979||1,979| |VIP Income|||||7,960|4,210|3,750| |Front Street|||||4,854|11,107|(6,253)| |Spetchells Welcome Desk|||||1,000|309|891| |Kickstart|||||2,733|2,002|731| |Lets Get Digital|||||1,860|1,815|245| |Radio Prudhoe|||||500|178|322| ||||||23,886|48,033|(24,147)| |TOTAL FUNDS|||||223 878|132,878|91,001| ## ## ## ## ## ## ## ||||2023f|2022f| |---|---|---|---|---| |INCOME AND ENDOWMENTS||||| |Donations
and|legacies|||| |Donations|||73|147| |Grants|||8,000|38,386| ||||8,073|36,533| |Investment
Income||||| |Rents &Service|charges||'l21,363|106,343| |Other Income||||| |Spetchslls other|income||4,039|| |Loan write-off|||81,275|81,000| |CJRS grant income||||| ||||85,314|81,000| |Total Incoming|resources||214,766|222676,| |EXPENDITURE||||| |Charitable
activities||||| |Wages|||19,386|16,932| |Pensions|||447|393| |Utilities|||18,794|9,701| |Insurance|||3,969|3,786| |Telephone|||3,668|3,477| |Postage and stationery|||104|182| |Sundries|||1,895|984| |Cleaning
&maintenance|||19,996|24,953| |Oflice expenses||||1,879| |Accountancy|||1,310|1,067| |Independent
examiners||fees|1,500|1,500| |Legal and professional||fees|5,317|1,270| |Bank charges|||173|152| |Development
activities|||9,500|58,533| |Fixtures and fittings||||994| |Mortgage
Interest|||6,543|7,112| |Grants to institutions||||| |Total resources expended||||132,875| |Net Income|||122 148|91,001|