Grcatcr
Mor,peth
Development Trust
()1 tuwi) & Loulltryside
**GMDT structure and team**
**A successful development trust**
## **Greater Morpeth Development Trust (GMDT)**
## **Objectives and aims of GMDT**
Greater Morpeth Development Trust (GMDT) has been in existence since 2006 and the diverse range of projects carried out over the past fourteen years could not have happened without the support of our partners, funders and members. GMDT has continued its objective of developing partnership networks through facilitation to develop initiatives and through the skills base in the team adding value where ever possible to make Morpeth a quality place to live.
GMDT has developed a portfolio of projects to deliver these aims and objectives and the major capital schemes which have benefitted the town include the redevelopment of Morpeth Town Hall and Morpeth Railway Station which generate development revenue and a sustainable income to support the activities of GMDT. This has been achieved through the support of a number of funding bodies who have invested in the vision to redevelop key public assets within Morpeth – the main funders being Heritage Lottery Fund, Network Rail, Northern Trains Limited, Northumberland County Council, Railway Heritage Trust and North East Rural Growth Network.
The existing staff team is made up of 2 part time members supported by a range of professional associates to deliver a portfolio of quality projects and through engaging volunteers’ support and strong partnership working we work to maintain our level of service delivery for the benefit of Morpeth. You can find more about our work on our website www.gmdt.net.
The front cover is from the GMDT Office.
GMDT is an independent company limited by guarantee and a registered charitable trust.
## **Company Registration Number 5676236, Charity Number 1117036, VAT Number 101 6832 50**
## **Contacting GMDT**
Carlisle Park Lodge Castle Square Morpeth NE61 1YD
www.gmdt.net Tel: 01670 503866 Email: info@gmdt.org
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GMDT structure
Board
(as at 31 [st] March 2021)
Staff team
Arts & Culture Community Environment Heritage
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The interest groups are made up of volunteers who help to develop and deliver regeneration projects and support other groups operating within the area. There are a number of projects that the interest groups work together on, like the Morpeth-wide signage and interpretation project and the events portfolio.
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GMDT Board
GMDT Staff
Mike Willis Hugh Edmundson
Linda Wilson Chair and Environment Interest
Office Administrator Community Director Group Director
Karen Bower
Julie Hawthorn Vice Chairman and Barbara Martin
Office Administrator Community Director Community Director
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**Frank Rescigno** Arts and Culture Interest Group Director **Richard Burrow**
**All Change at the Lodge - Annual report on staffing at GMDT**
**Kevin Johnson** Associate Director **Hayley Brown** Associate Director **Katie Ridley** Associate Director
**Kim Bibby-Wilson** Heritage Interest Group Director
The last year has seen a complete turnover of staff at the GMDT office in the Lodge. All three former members of staff decided to retire in early 2021, so the trust bade farewell to David Lodge, Karen Tweddle and Caroline Clough. All three have served the Trust admirably. The successful completion of the renovation of Morpeth Station, a major and complex project, was due in no small part to their conscientious and skilled input. We wish them a long and very enjoyable retirement. The completion of the station project and the retirement of all the trust’s staff provided an opportunity to review the staffing profile that would be necessary and sustainable for the Trust over the next period. With no projects on the books of a similar
positions in March. Julie joins us with a background working for the National Trust, while Linda has worked previously at Newcastle University and with a charity supporting people with eating disorders. They have settled in extremely well and, between them, provide an office presence at the Lodge on most days of the week. Our former staff have been enormously helpful in the thorough way in which they have organised and prepared the ongoing work of the Trust to ease the handover to our incoming staff. We look forward to working with Julie and Linda over the coming years. _**Richard Burrow**_
complexity or scale to the station, it was decided that the Trust needed to focus less on project management skills so it was decided to prioritise office administration to ensure the Trust’s broad programme of activities was supported. Job descriptions were drawn up and advertisements placed in January for office administrators to work on a part-time basis. Over 60 applications were received. The Trust was delighted by the volume and quality of the response. With difficulty we managed to produce a shortlist and to proceed to interview in February. We were delighted to appoint our two new members of staff, Julie Hawthorn and Linda Wilson, who took up their
## **Interest Groups Reports SIDEBAR LEFT HEADLINE**
## **Arts & Culture Director’s Report**
With the start of 2020/2021 events season we entered the Covid 19 pandemic. We were able to hold one event in March 2020 just before the lock down. We held an Authors evening with 3 published authors. The event was held on 13 March with Miles Hewitt, Alan Wilkinson and Miles Hudson.
This was a very successful event with 85 in attendance at St. George’s United Reform Church.
## Arts & Culture Director _**Frank Rescigno**_
## **Heritage Director’s Report**
to the group professional expertise in many areas of heritage including ideas for promoting heritage craft skills such as leatherworking.
The Covid-19 pandemic stopped all Heritage Interest Group meetings from just before the start of the year covered by this report. The first GMDT activities to resume, greatly delayed by continued necessary restrictions, were the flagship projects at Morpeth Railway Station and Cresswell Pele Tower. Reports on these two successfully completed Community activities will be available in the overall GMDT annual report featured elsewhere, but it must be noted that the station received a prestigious Railway Heritage Trust award for the restoration work.
Despite the lack of formal meetings, planning continues for regular and potential projects. The annual heritage programme included the Morpeth Northumbrian Gathering, which was to be held online in 2021 with one day of a range of concerts, art and drama presentations, archive films and Zoom sessions for dance, music and song; and Heritage Open Days, which would depend very much on venues being able to open to the public, although online events could be a stop-gap. Looking to the future, we aim to expand GMDT’s Signage and Interpretation provision by helping to revise and reissue the CMBC town trail leaflet, and to develop the plans for boards at Buller’s Green and north Newgate Street featuring further research into the portrait of inventor John Rastrick, though funding for these strands still needs to be secured.
The normal programme of physical events in 2020 could not take place, with April’s Morpeth Northumbrian Gathering and the town’s contribution to the national Heritage Open Days in September cancelled. GMDT’s involvement in two other Community partnership projects either saw no progress (the KEVI school archive) or came to an end (the Boys’ Brigade building).
When permitted to open, the Chantry TIC saw some sales of GMDT books on local heritage by Bridget Gubbins, with the Trust’s online shop luckily able to function regardless of lockdowns.
GMDT has continued to contribute via Zoom to the local heritage umbrella group Morpeth Heritage Network, and both organisations welcomed the news that former GMDT Heritage Officer and founding convenor of the Heritage Network, Tamsin Lilley, now based in the south, was to be married this summer.
In February 2021 the Heritage Interest Group revived its meetings using the Zoom video conference facility, noting the sad loss of long-standing member Mary Creighton, fount of knowledge concerning life in Morpeth over the last 80 years. A new member, Andy Bates was welcomed, bringing
## _**Kim Bibby-Wilson**_
## **Environment Director’s Report**
Group activities were inevitably severely restricted by the pandemic, but two main activities continued during this year.
Our main focus has been on the station. In conjunction with the superb building refurbishment, we decided to ensure that the adjacent areas of land complement that project. In Winter 2020 we obtained consent and some funding from Northern Trains to “adopt” the station. This permits community groups to assist the rail authorities by implementing projects to enhance station environments. A scheme was designed by GMDT, and the first stage of work entailed saving, treating and planting existing wooden barrels on the platforms and forecourt. We have continued to weed land close to the forecourt, and have assembled a tool shed, and water barrel, in readiness for the main landscaping work in 2021/2, subject to the success of a further funding bid to Northern Trains. In Spring we were also delighted to obtain support from Morpeth Lions and Rotary Clubs who plan to develop raised planting beds, with GMDT adding a rockery. We are also very appreciative of ongoing support from Morpeth Litter Group.
In Spring 2021 we commenced a further audit of the 120 or so information signs around Morpeth. We last surveyed these 5 years ago, some are now decaying, and others have been vandalised. Morpeth Town Council has assisted with repairs to some signs, but a larger refurbishment project is now being developed, subject to obtaining funding, which might also include new signs originally envisaged as part of the Castles Woods and Water project, but not implemented. This project is continuing in 2021/2.
Our final more passive activity is a continuing “junior” partnership role with the marvellous Morpeth Litter Group. Although MLG activities were constrained by the pandemic in 2020/1, the group continued to develop initiatives, the most notable of which has been the “Adopt-a-Street scheme. This invites residents, or other interested parties, to take responsibility for litter clearance in their own streets. Around 80 participants have now adopted Morpeth streets. The MLG Annual Report 2020 can be viewed on the GMDT website.
_**JHE/ August 2021**_
## **Community Director’s Report**
Our group of supportive volunteers has been unable to provide active support over the last year due to the Coronavirus Pandemic and associated restrictions and lockdowns.
We have started to discuss possible working with partners in Morpeth and recently put out a call for volunteers to support the Wansbeck Foodbank. A few people offered to help with delivering goods and managing stock and names were shared with the Foodbank. When working in partnership like this the partner organisation needs to register our volunteers within their system. Two new partnerships are currently developing, one with Barnabas Safe and Sound and one with Morpeth Library. More news on these in the coming year.
Looking forward to 2021/22 there are plans to restart some activities with a community cinema screening in June and the Annual Picnic in the Park event in July (both pending any national changes to Covid restrictions).
Thanks to everyone for continuing to support GMDT.
_**Karen Bower GMDT Deputy Chair**_
**GMDT publications – On-line shop**
Our on-line shop has continued to attract interest over the last year, in particular for the sale of the Walking in and Around
Morpeth’ guides, a pack of 12 A5 sized maps. In the first two months sales of these exceeded the previous year’s total suggesting, perhaps, a renewed interest in the local area during the pandemic daily exercise restrictions.
Our volunteer, Simon Cox, has done a great job over the last year in keeping the website ‘back office’ up to date so that we could get these and other publications sent out to customers.
## **CEO 2020/21**
## **Update Report SIDEBAR LEFT HEADLINE**
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Station Office
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Where to start on such a busy year!! Well, ok not really. I took over being the Chair of GMDT on 1st April 2020. The last year has been one like no other. All of the amazing events that we had spent many hours planning such as Picnic in the Park, the monthly cinema and so on have had to be cancelled. This has been terribly frustrating, but of course totally understandable given the events of the year.
However, we simply do not just put on or run events in the local area. Events are something that we are known for organising and running, but this is not the full extent of our work and achievements.
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Station Office
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Over the past few years, we have been actively fundraising and project managing the renovation of the Morpeth train station, which for many years had been allowed to fall into a poor state of repair. GMDT, largely through the work of our recently retired CEO David Lodge and previous chair Doug Philips secured £2.2m (yes million) to renovate the station to an amazing standard, winning a prestigious national award in the process.
The station now boasts a new waiting area, café (soon to open following covid), as well as some high-quality business units which can be rented by local businesses. We are extremely proud of completing this project given the circumstances of the last year.
Covid did set back the completion We have exciting events planned for date by several months, and has the future and already have advanced adversely affected potential tenants, plans in the pipeline for a Literary but we are in a good position now Weekend next year, and for the as life begins to open back up. introduction of a “Man-shed” project that we are working in partnership with Barnabas Safe and Sound.
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Station Cafe
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We will also be starting the planning for Picnic in the Park. No doubt I will get an email from Frank at 12.01 on 1st January 2022, asking me if the churches will be doing the BBQ again next year. The answer is of course yes, but if I could make a plea not to stop and chat on that day, otherwise you will be receiving a burnt offering of burgers.
Anyway, I would like to thank everyone on the team – both directors and volunteers for their wonderful help, effort, and endeavour of the past 18 months, and look forward to an exciting year to come. Roll on 2022!!
## **Greater Morpeth Development Trust Financial Report 12 months to March 2021**
## **Statement of Financial activities for year ended 31[st] March 2021**
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Unrestricted Restricted 2021 2020
Fund £ Fund £ Total funds Total funds
£ (restated &
Unaudited)
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 5,338 42,616 47,954 1,603,907
Other trading activities 15,086 5,030 20,116 27,120
Total 20,424 47,646 68,070 1,631,027
EXPENDITURE ON
Raising funds 520 2,333 2,853 16,178
Charitable Activities 32,824 184,210 217,034 139,578
Total 33,344 186,543 219,887 155,756
NET INCOME/(EXPENDITURE) -12,920 -138,897 -151,817 1,475,271
RECONCILLIATION OF FUNDS
Total Funds brought Forward 18,715 2,255,969 2,274,684 799,413
TOTAL FUNDS CARRIED FORWARD 5,795 2,117,072 2,122,867 2,274,684
Balance Sheet as at 31 [st] March 2020
2021 2020
£ £ £ £
FIXED ASSETS
Tangible assets 1,853,632 1,833,225
CURRENT ASSETS -
Debtors 779 51,298
Cash at bank & in hand 269,631 393,911
Total - - 270,410 445,209
Creditors: amounts falling due within one year 1,175 3,750
Net current assets 269,235 441,459
Net assets - - 2,122,867 2,274,684
Funds
Unrestricted income funds 5,795 18,715
Restricted income funds 2,117,072 2,255,969
Total Funds 2,122,867 2,274,684
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011
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## **Financial Report**
The past year has seen continued focus on the core operating costs and the emphasis on the generation of sustainable income streams through project management, events and retail activity. The end of the year saw the completion of the Railway Station and the challenge has been of letting out the business units (several offices, taxi caboose and café) given the economic conditions due to covid. This has led to delays and a deterioration of our reserves as compared to what we had forecast.
Our cost base has also reduced substantially due to the retirement of our CEO and two Administrators. We have employed two P/T administrators in order to continue to support our operations and the long term future of the trust.
The trading company remains dormant, but the intention is now to close this down as it is surplus to requirements. It is the intention of GMDT to remain sustainable going forward building on previous successes and developing new enterprise and social opportunities such as the redevelopment of the Railway Station.
## _**And finally…the plaque is unveiled**_
## **Panel Members**
- Andy Savage - Executive Director of RHT and Trustee of NRHA
- Theo Steel – Chairman of Trustees of NRHA and Member of RHT Advisory Panel –
- Jerry Swift – Secretary of the NRHA and Member of RHT Advisory Panel
- Clive Baker – Chairman of Judges of NRHA
Greater Morpeth Development Trust (GMDT) was the recipient of the National Railway Heritage Trust Conservation Award at an on-line ceremony in December 2020 but due to the ongoing pandemic and lock down restrictions it took another 4 months for the plaque to be unveiled at a small ceremony on the 29[th] April 2021.
The Board of Directors of GMDT and a small group of invited guests eagerly awaited the arrival of the 14.35 train bringing a delegation from the National Railway Heritage Awards panel. With masks in place our Chair, Mike Willis, welcomed the panel of Andy Savage, Theo Steel, Jerry Swift and Clive Baker to the Station. Mike praised the work of the partnership
team led by his predecessor Doug Phillips and recently retired CEO David Lodge which culminated in the Award. Mr Steel expressed his delight at seeing for himself the quality of the work done to preserve the history and heritage of this listed building whilst providing opportunities for small businesses to lease the newly refurbished office suites.
This prestigious national conservation award, which attracted entries from all over Britain, recognised the high quality work that was undertaken over a seven year period. The project, led by GMDT, gathered a partnership team of the National Lottery Heritage
‘Morpeth can once again be as justifiably proud of its railway station as it was when it was first opened very nearly 175 years ago’ _**Mike Willis**_
Enterprise Fund, the Railway Heritage Trust, Northumberland County Council, Network Rail and train operators Northern, to support its idea of restoring the station to its former glory.
Along with the restoration a key element of the project was the desire to encourage and support local business; the result, following the converting of the empty and disused office space in the main station building, was the creation of an enterprise hub, with unique accommodation for up to seven small local businesses.
COMPANY REGISTRATION NUMBER.. 05676236
CHARrrY REGISTRATION NUMBER: 1117036
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2021
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Financial Statements
Year endod 31 March 2021
Page
Trustees, annual report {incorporating the directorfs report)
Independent examinerfs report to the trustees
Stalement of financial activities {induding income and
expenditure account)
Statement of financial position
Notes to the financial statements
The followlng pages do not fomi part of the financlal statem•nts
Detailed statement of financial activities
19
Notes to the detailed ststement of financial activities
21
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dlrectorfs Report)
Year ended 31 March 2021
The Iruslees. who are also the directors for the purposes of company law. present their report and the
unaudited financial stslement5 of the charity for the year ended 31 March 2021.
Rgfer•nce and admlnlstratlve detalls
Regl$t•rod charty narn•
Greater Morpeth Development Trust Limited
Charlty r•glstratlon numb•r
1117036
Company r•glstratlon numb•r 05676236
Principal offlc• •nd r•gl$ter¢d codis Park Lodge
gfflc•
Castle Square
Morpelh
Northumberland
NE61 1YO
Th• tru#t••*
KM Bibby-wilson Retired
EduCatnal Pfofessional
K E B¢)wer Acting Chatr
J H Edmundson Retid Planning
Professional
F Res¢igno R8lired Chemical
Professional
B Martin Relired
D Phillips Retired Hfjatth Sep4ice IRes4ned 2S May 20201
Professional
R J C Burrow Retired
M D Willis Pastor Chtsrch
(Appointed 17 December 20201
Company ••cr•tary
D Lodg8
Ind•p•nd•nt •xamln•r
Michael W Reed
Russell House
Greenwell Road
Alnwick
Northumberland
NE66 1HB
structur•, gov•man¢• and m•nag•m•nt
The Charity is controlled by its goveming d9ment, a deed of Irusl. and con51ilute5 a limited
company. limited by guarantee as defined by Ihe Companies Act 2006.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) {¢onllnu
Year ended 31 March 2021
Structure. govornan¢• and m•nag•m•nt (¢on#n
Greater Morpeth Developmenl Twst rnited will devek)p Morpelh to a premier market town in
North East England, piomoting and imprown9 the town and Countryside for public benefil, economic
and social well-being of people Iwing and working in Morpeth and ils surrounding afeas of
Northumberland through the promolion of urban and rural re9eneratton.
The chanty is required to report how il dea15 With furKlraising from the public. The charity does not use
a professional lundraiser or commercial participator to raise funds. Any monies raised direcl from the
public folbws all guidelines set out by the Charity Commission and UK law in every respect. w
respect the privacy an¢J conl8cI PferenceS of 811 dorK)rs.
Th8 board, who give their time freety and no Irusle8s reIved remuneration in the year. have
considered who the Key Managemènt Personnel IKMPI of the charity are. Together with th6 board,
Ihesg KMP are those in ¢harg& of directing and ntrOlling, running and opgrating the activrties of thè
charity on a day to day basis. Thg pay of KMP is reviewed annualty and nornialty in¢rgas8d in
accordance with avgrage eamings. The Iruslees b&nchmark 8gainsl pay levels of other chariligs and
slmilar organisalions wrthin the sector and the region. Pay levels are sel using this information
logelh6r with the budget and forecast inf0matn, ensuring that the chanty can affording proposed
increasès. The board then agree any uplift lo fymunoTalKJn.
Obl•ctlv¢$ •nd •¢tlvltl••
Greater Morpelh Development Trust IGMDTI has been in existence since 2006 and the diveTS8 range
of projects carried out over the pa51 thirteen years could not have happened wilhoul the support of our
partners, lundeTS and member5.
GMDT have Continued their objgctive of devgloping partnership nolworks through facilitation to
develop InrtSallves and through the skill base in the team adding value where over possibie to mako
Morpeth a quality place to live.
GMDT have developed a portfoliti ol projects lo deliver these aims and objeclives and the major
capital schemes which have benefrtted Ihe town include the Ihe deVelOPMent of Morpgth Town Hall
an¢Y Morpelh Railway stslK)n which generale11 developmenl income and sustainable income lo suppr)rt
Ihe activities of GMDT_ This has been achieved through the support of a numbgr of funding bodies
who have invested in the vision lo redevelop key public assets within Morpelh the main funders
being Heritage Lottery Fund, Netwowk Rail. Northem Trains Lirniled. Northumbedand County Council,
Railway Heritagè Trust and North East Rural Growth Nelwork.
Achl•v•m•nts 4Trd p•rfornianc•
The existing staff team is made up of 1 full time and 2 part lime membefs SUPPOrted by a range of
professional associates lo deliver a portfolio of quality projects and through engaging volunleer5'
support and strong partnership working we work to maintain our level of service and delivery for the
benefrt of Morpglh. More dèlail aboyt the a¢tivili8s during the year and photographs and tests'moni81$
of Ihg projgcls Can be segn ¢)n our web$rte wvM.gnJth.not and also within our Annual R9POrt.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) f¢ontlnu•dJ
Year ended 31 March 2021
Flnanclal revlew
Morpeth Raithy Station has tsken ¢Mr seven years from incepl*Jn to Comption and has been a
majoi undertaking for a Charity of our size and could not have been delivered wilhoul Ihe support of a
portfolio of lunders who provided the capiial lo realise the opportunty of rejuvenating a key assel for
the town. Not only did the proiect reinslate a grade 11 listed building lo ils fom781 glory bul provides a
gateway lo the town of which the public ¢an be proud. The funding was not only se¢uTed to safeguard
the future of the Grade 11 Listed sialion lo provide an onlerprisè hub for sm811 businesses as well
as creating a slate of the art tick81 office, and provide modern facilrties for today's rail users such a$
new loilets. The ¢Upat]n of units in the office suile will provide an income strèam for GMDT which
shall sustsin the Charity in future year5 and enable further public benefft to be rgalisgd.
Small cornpany provlsion•
This report hos been prepared in accordanee with thè provisn$ applicabl8 to companies enlrtlod to
the small companles exempknn.
The InJslee$' annu81 report was aFproved on
Injslees by..
. and signed on behaff of the board ol
É 6uZ4rtr
K E Bower Acting Chair
Truste8
Greater Morpeth Development Trust Limited
Company Llmited by Guarantee
Independent Examinerfs Report to the Trustees of Greater Morpeth
Development Trust Limited
Year ended 31 March 2021
I report lo the trustees on my examination of ihe financial stalemenls ol Greater Morpelh Development
Trust Limited I'the charity.) for the year en¢J¢d 31 Maf¢h 2021 which are sel out on pages 5 10 17.
R•$pon$lbllltle$ and ba$ls of r•port
As the Injslees of the company land also its directors for the purposes of company lawl you are
responsible lor the preparalion of the financial statements in accordance wilh the requirements ol the
Companies Ad 2006 llhe 2006 Act.).
Having satisfied myseff that the accounts of the company aro not required to be audrted under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examinats'on of
the charity s accounls as Carried out under sects'on 145 of Ihe Charities Acl 2011 1.the 2011 Acl'l. In
carrying out my examination I have followed the DirectK)ns given by the Charity Commission under
section 14515llbl of the 2011 Act.
Ind•wnd•nt •xamln•rf* stat•rn•nt
I have completed my examinalw. I confinn that no matters have come lo my attenllon In connecllon
with the examination giving me Cause lo bel*ve.'
accountlng rerS were not kept in respect of thè charity as required by section 386 of the
2006 Act; or
tho financial statements do nol accord with those records.. or
the finanal slalem8nts do not cNnply with the ac¢ountin9 requir8menls of section 396 of
the 2006 Act other than any requirement that the accounts give a 'lTUè 8fKI fairf vi8w which
is not a matter considered as part of an independ8nt examination., or
the financial siatements have nol been prepared in accor(lance with the methods and
principles of the Statement of Recommended Practice for accounting 8nd reporting by
charities applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard apicab in the UK and RepublK of lieland {FRS 1021.
I hav8 no concams and have come across no other matters In connectK)n with Ihe examination to
which attention shoukl be drawn in this rep1 in ort1er to 8n8bSe a proper understanding of tha
8c¢ounts lo be reached.
Michael W Ree¢J
Independent Examiner
RLtssell House
Greenw911 Road
Alnwick
Northumberland
NE66 1HB
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Slatemont of Financlal Actlvities
(including income and expenditure account)
Year ended 31 March 2021
2021
Restricted
lunds Tot*1 fvnds Total funds
2020
Unrestricted
funds
Not•
In¢om• and endowm•nts
Donation5 and legacies
Other trading activities
Total in¢ome
5.338
15.086
42.616
5.030
47,954
20,116
1,603,907
27,120
20.424
47.646
68,070
1.631,027
Exptndlture
Expendrturfj on raising funds..
Costs of raising donations and
legacies
Expenditure on charilabk activibes
Total •xp•ndllur•
520
32,824
2,333
184.210
2,853
217.034
16.178
139,578
33.344
186,543
219,887
155.756
N•t l•xp•ndtturnlllncom• and n•t
m¢v•m•nt In lund8
112.9201 (138,897) {151,8171
1,475,271
ROn¢111•11on of fund•
Total lunds brought forward
Total funds carrl•d forward
18.715
2.255.969
2,274,684
799,413
5.795
2.117,072
2,122,867
2,274.684
The statement of flnancial activititis includes all gain5 and tr)ssos rocognised In the year.
All Income and expendrture delive from witinuing activities.
Th• notes on pag•$ 8 to 17 lorni part olth•se financial 5taternents.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2021
2021
2020
Not•
Flxed assets
Tangible fixed assets
16 1.853,632
1,833,225
Curr•nt as$•ts
Debtors
Cash at bank and in hand
17
779
269.631
51.298
393.911
270.410
445,209
Cr•dltors: amounts falllng due wlthln ono ye•r
N•t curr•nt •s$•ts
18
1.175
3,750
269.235
441,459
Total ••••tJ l••• curT•nt Il•bllltl•*
2.122,867
2.274,684
N•t a$$•ts
2,122,867
2.274.684
Funds of the ¢h•rfty
Reslricled funds
Unreslricled funds
2.117.072
5,795
2,255,969
18.715
rotal ¢harlty funds
20 2,122.867
2,274,684
For the year ending 31 March 2021 the charity was enlitknl lo exemplN)n from audit under seclton 477
of the Companiès Act 26 relating to small companies.
DireGtorn' responsibililies:
The members have not rfjquired the company lo oblain an audit of its financial stat?menls for the
year in question in ¢dance wilh soction 476:
The directots acknowledge their responsibilities lor complying wth Ihe requirgments of tho Act
with respect to accounting records and the preparation of financial Stalemgnts.
Thesg financial slalemenls have been wepargd in accordance with the provisMs applicable lo
companies subject lo the small companies, regime.
The statement of financial position
continues on the following page.
The not•$ on pag•5 8 to 17 forni part of th•s• financial statements.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Statement of Financial Position (¢oft#ftu•
31 March 2021
Thes
financial ststemenls We approved by the board of trustees and authorised for issue on
4/4/z./...,
and a sKJned on behalf of the board by..
K E 8ow8r kling Chair
Trustee
Th• not•s on Pay 8 to 17 form part of thes• financlal 5tatemonts.
Greater Morpeth Development Trust Limited
Company Llmited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
General Infonnatlon
The ch8rity is a public benefft enltty and a wivate company limiled by guarante6. registered in
England and Wales and a Tegislered charity in England and Wales. The address of the
registered office is Carlisle Park Lodge. Ca$Ue Square. Morpelh. Northumbèrfand, NE61 1YD.
Statement ot cornplianc•
These financial slalemenls have bèèn prepared in compliance with FRS 102, The Financial
Roporting Standard applicable in Ihe UK and the Republic of Ireland,, the St8lemenl of
Recommended Practice applicable to charitiès preparing their a¢counls in accordance with Ihg
Financial Reporting Standafd appli¢able in the UK and R8public of Ireland {FRS 1021 Icharilios
SORP IFRS 10211 and the Companies Act 2006.
A¢c¢wntlng pollcl•¥
Basls ol pr•paratlon
The financial slalemenls have been prepared on th8 historical cost basis. The financlal
slatemenls are prepared in sleding, which is the functional currency of the enlty.
Golng conc•m
There are no material uncertaint5 about the charitys ability to continue.
Dl8closur• •xomptSon#
The entity satisfies the ¢rileria of being a qualifying enlty as defined in FRS 102. As such.
advantage has been taken of the following discknsure exemptions available under paragraph
1.12 of FRS 102.. lal No cash flow statement has been presenled for the company.
Judg•mènts and k•y of e•tlmatlon un¢•rt*lnty
The preparation of the financial statements requires management lo make ludoemenls,
eslimales and assumption5 that affect the amount$ rgportod. These estimates and judgements
are continually Tevièwed and are based on experience and other f8clors, including expectations
of future events that are believed to bo reasonable ijnder the clrcumstancès.
Fund •¢¢ounllng
Unrestricted funds are availablè for use at the di5crelton of the trustees lo further any of th6
charitys Purposes.
Restricted funds are subJ'e¢tgd lo restrtiOnS on their expenditure declared by th9 donor or
through the lemis of an appeal, aNJ f811 into one of two sub•classes.' restricted income funds or
fjndowmenl lunds.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Financial Stalements iconthiu•d)
Year ended 31 March 2021
Accountlng pollcl•s (conthu•d)
In¢omlng r•$our¢
All Income is induded in the slalement of financial acts"vities when entitlement has passed to the
chaiily. rt is probable that the economic benefits associated w7th the transaction will flow to tho
charity and the amounl be rdiably m&asured. The following specrfic Pol$ are applied lo
particular categories of income".
- income from donations or grants is r8COgnised when Ihore is eVKlence of entitlement to thè gift.
rec8lpl is probable and its amount ¢an b8 measured reliably.
income from donated goods is measured at the fair value ol the goods unless this is impractical
lo measure reliably, in which case the value is derivgd from the cost lo the donor or the
eslimaled resale value. Donated facilibes and seThices a recognised in thè accounts when
received il the valve can bg rdiabty measured. No amounts are included for the contribution of
9ener81 volunteers.
income from ntracts for Ihe supply of services is recognised delivery of the
ontracted service. This is classrf*d as unre51ricted funds unless thore is a contractual
roquir8mgnl for il lo be spent on 8 particular purpose and relurned rf unspent, In whlch cas8 It
may be regarfjed as restricted.
Re8ourc•s •xp•nd•d
Expenditure is fecognlsed on an accruals bas18 as a liability is incurred. Expendilure Includes any
VAT which cannot be fully recovered, and is ¢lassifietl undef heatjings ol the $181em8nl of
flnancial activities lo which il relates:
expendrture on raising lunds ineludes the costs of all lundraising activities, events,
non-charitable tradiro activilwJ. and the Sa of donaled good$.
expendilur• on charitable activrt*s includes all costs incurred by a charity in undertaking
a¢livilies Ihal further its charItsb aims for the benefit ol ts beneficiaries, including those
support costs and co$1$ relaling lo the governan of Ihe charity apportioned lo charitable
aclivititis.
oth8r 8xp8nditure includes all expendrture that ts neithér r8lat8d to raising funds for th8
charity nor part of Its expenditure on charitable actiVitS.
All costs are allo¢alod lo expenditure categories refieciing the use of the resource. Direct costs
attributable lo a single activity are albcat8d direclty to Ihal activrty. Shared costs are apportioned
beeen the a¢tivil*s Ihgy contn'bule to on a reasonable, iustsfiable and consi$tgnt ba$is.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements {¢onithu•dJ
Year ended 31 March 2021
Ac¢ountlng poll¢los f¢onUftu•dJ
Tangible assets
TangibLg assgls are inillalty recorded al cost. and subsequentty stated at cost less any
accumulated deprecialion and irnpairment losses. Any tangib assets carried al revalued
amounts ar8 recorded al the fair value at the dale of revaluation less any subsequent
8c¢umulaled depreciation ar subsequent accumulated impaimenl losses.
An incrèase in the carrying amount of an assel as a resuh of a rèvaluation, is recwnised in other
recognised gains and losses. unless it reverses a charge for impairment that has pr8viou$ly been
recognised as èxpenditure within th6 statement of financial acliviti8s. A decr8as8 in Ihg cafrying
amount of an asset as a resutt ol fevaluation, is reniSed in other recognised gains and losses,
except lo which il offsets any previous revaluatn gain, in ¥thich case the loss Is shown within
other recognised gains andlossgs on Ihe statemenl of fin8ncial activili8s.
D•pr•clatlon
Depreciation is cakulaled 80 88 to lt& off the cost or valuation of an assel. less 118 resldual
value. over the uselul economic lrfe of that asset as folk)ws'.
Long asehold Rai8Y
Developmgnl
Short198sohold propety
Fixtures an*Y fittings
4% straah1 line
4% slraNJhl line
15% reducing tsan¢e
Imp•lrm•nt of flx•d •$$ets
At each bal8nce sheet dale. the company rewews the carying amount of ils tangible fixed assets
lo delernine whether there 1$ any indication that any ilems havo sLbff¢r&d an impaimienl loss. If
any such indication exits, Ihe fecoverabie amount of an asso1 is ostimaled in order lo delermint
the extent of the imp8irment kiss, rf any.
Flnan¢lal Instrnm¢nts
A financial asset or a finanaal liability is recognisod onty when the entity becomes a paty b the
conlr8clual provisions of the instrument.
Basic financial instruments are inilralty rect)3nised al the amount receivab or parable including
any related trans0dn costs, unless the arrangement conslilules a financir¢g Iransaction, whore
it is recognised al the present value of the future payments discounted at a market rale of
intgresl for a similar debt instrument.
CurTenl assets and Current Ipbilities are subsequently measured al the cash or other
consideration expectgd to be paKI or received and not di$ccMJnled
10
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
Ac¢ountlng pollcl•s (con
Defined contrlbutlon plans
Contribulions lo defined conlribLFtK)n plans are recognised a$ an exppnse in the period in which
the relaled setvice is provided. Prepaid contributions are recognised as an asset to Ihe extent
that the prepayment will lead lo a reduction in ftslure paymenis or a cash refund.
When contributions are nol expecte¢J lo be settw wholty within 12 months of the end ol the
Teporting dale in %thich the employees fender the lated service, the liability is measured on a
discounted pr&s8nt valltre basis. The unwinding of the discount is recognised 0$ an expansg in
the period in which rt arises.
Llmlt•d by guarant••
Great8r Morpeth Development Trust Limited is a limited company Ilmitod by guarante9 and
accordingly does not have 8 share capital.
Every member of the company undertakes to ¢¢)nlribute such an amount as may be required not
exceeding £1 to the assets of the charitable company in the event ol il being wound up while h
or she is a member. or within one year after he or she ceases lo be a member.
Donatloni and hg*cl
UnTeslricled
Funds
Restricted Total Funds
Funds
2021
Donation•
Raihyay Slation Projecl
Cresswell Pele Tower
42,616
42,616
S,338
5.338
5,338
42.616
47,954
unrestn.cted
Fund$
Reslricled Totsl Funds
Funds
2020
Donatlon•
RaIvay Slalion Project
c$$well Pele T¢)wer
1,596.707
1,596,707
7,200
7.200
1.596.707
1.603.907
11
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to thè Flnancial Statements icon
Year ended 31 March 2021
other tradlng a¢tlvltle¥
Unrestricted
Funds
Reslricled Total Funds
Funds
2021
FONDT
Walking Maps
Arts & Cultu
IAorpelh Town Council
Other income
Deed5 not words
Boys Brigado
2.425
2.425
640
4,400
10,051
640
4.400
10.046
2.600
2,600
15,086
5.030
20.116
Unrostricled
Funds
Restn"ct6d Total Funds
Funds
2020
FONDT
Walking Maps
Arts & Culture
Morpelh T¢)wn Council
Other income
Oeeds not words
Boys Bri9ade
570
570
1,185
13,629
4,400
1,184
2,457
11,172
4,41XI
2.333
5.000
2,333
5,000
16,146
10,974
27,120
Costs of r•lslng donatlon• •nd 9•¢1
Unrestn"ct8d
Funds
Restriclad Total Fund$
Funds
2021
Costs of ralslng dOrli0n$ *aci85
520
2,333
2,853
Unreslricled
Funds
Restrict Total Funds
Funds
2020
Costs of rai$ir4J donations and legatses
15,618
16,178
12
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements
Year ended 31 March 2021
Exwndlture on ¢harStabl• actlvltlos by fund typè
Unreslricled
Funds
Restricted Total Fund$
Funds
2021
Support costs
32,824
184.210
217.034
Unrestricted
Funds
Restricted Total Funds
Funds
2020
Support St$
26,943
112,635
139,578
Exp•ndltur• on ¢h•rltabl• 4ctlvltl•* by •ctlvlty typ•
Totsl funds
2021
To181 fund
2020
Support costs
A¢lNty
Govemance costs
215,860
1,174
215,860
1.174
136.828
2,750
217,034
217.034
139,578
10. An4ly•l• of •upport costs
Analysis of
support costs
activity 1 Total 2021 Total 2020
Govemance costs
Support costs- Other costs
1,175
214,786
1,175
214,786
3,750
135,828
215,961
215.961
139,578
11. N•t {•xp•ndltur•illncom•
Nel lexpenditureyinwne is stated after thaTgintylcreditingl'.
2021
2020
0oprKiation of tangible fixed assets
79,816
48,9S1
12. Audltors r•mun•ratlon
2021
2020
Fees payable for the audit of the financial statements
2,750
13
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Financlal Statements
Year ended 31 March 2021
13. Independent •xamlnatlon f••s
2021
2020
Fees payable lo the independent examiner fw.
Independent eXaMinatn of Ihe financial statements
1.175
14. Staff costs
The iotal staff costs and employee benefits foi the reporting poriod are 8nalysed a5 follows..
2021
2020
Wages and salaries
Employer contributions to pension plans
56,537
20,176
31,197
19,610
76,713
50,807
Thg average head count ol ernoYeeS durirvj the yaor was 312020.. 31. The average number of
fvll-time eqvN8lenl employees during the year 1$ analysed as follows..
2021
2020
No.
Number ol staff - type 1
Number ol staff - type 2
No employee r01¥&d ompk)yee benefits of rnjre than £60.0 during the yeor12020.' Nill.
15. Tru*te• r•mun•ratlon and •xwns
There were no Iruslèe$' remuneration or olher benefits for the year ended 31 March 2021 or
2020.
There were no Iruslees, expens paid for the year endgd 31 March 2021 or 2020.
14
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements {eonllnu•dJ
Year ended 31 March 2021
16. Tanglbl• flxed a$s•ts
leasehold
property41ail
way stalion
Short
leasehokl Fixtures and
fittings
Total
Cost
At 1 April 2020
Additions
1,888.123
97.776
7.5
8,895
2.447
1,904.923
100.223
At 31 March 2021
1,985,899
7.9)5
11.342
2,005,146
Depr•c5ation
At 1 April 2020
Charge for the y88r
At 31 March 2021
56,659
79.436
7.905
7.134
71,698
79,816
136.095
7.905
7,514
151.514
Carrylng amount
Al 31 March 2021
1.849,804
3.828
1.853,632
Al 31 March 2020
1.831.464
1,761
1.833,225
17. D•btorn
2021
2020
Prepayments and accruèd Ir•m8
Othef debtors
363
416
20,441
30,857
779
51,298
18. Gr•dltors: amounts talllng du• wlthln on• y•ar
2021
2020
Accruals and deferred Income
1,175
3.750
19. P•nslons and other post rntlr•m•nt b•neffts
D¢flned Contrfbutlon plans
The amount recognised in income or expenditure as an expense in relation to definèd
ntribution plans was É20,17612020: £19.6101.
15
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements (¢ondTru•
Year ended 31 March 2021
20. Analysls of ¢harltabkn funds
Unr•strict•d funds
At
31 March 202
At
1 April 2020
Income Expendrturé
GeneT81 funds
18.715
20,424
133.3441
5,795
Al
31 March 202
1 April 2019
Incx>m8 Expenditure
Gener81 funds
22,872
23,346
127,503)
18,715
Rvlrl¢t•d fund$
At
11 m4h 202
At
1 April 2020
Inrn Exp8ndilure
R8strieted Fund
2.255,969
47.646
1186,5431 2,117,072
At
31 March 202
Al
1 April 2019
Income Expendrture
Restricted Fund
776.541
1.607.681
1128,2531 2.255,969
21. Analy•l• ol not •s••ts b•twe•n lunds
Unrestrict8d
Funds
Restrithd Total Fund$
Fund8
2021
Tangible fixed assets
Currgnl assets
Creditors less than 1 year
N•t ass•ts
261
6.708
(1,1751
5,794
1,853,371
263.702
1,853,632
270,410
11.1751
2.122,867
2,117,073
Unreslricled
Funds
Reslricled Total Funds
Funds
2020
Tangible fixed assets
Current assets
Creditors less than 1 year
N•t a$sots
307
22,158
(3.750}
18.715
1.832,918
423.051
1,833,225
445.209
{3,7501
2,274.684
2.255.969
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes lo the Financial Statements (¢onthu•d)
Year ended 31 March 2021
22. Capltal commltments
Capital commitments conlracled for but not provided in the financial stalemonls are
£56,20012020'. £181,909)
17
Greater Morpeth Development Trust Limited
Company Limlted by Guarantee
Management Information
Yoar ended 31 March 2021
Th• followlng pag•s do not forn) p•rt of th• ftn•n¢l•l stst•m•nts.
18
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Income and ¥ndowments
Donatl¢ns and l•ga¢l
Railway Slalion Project
Cres5well Pele Tower
42,616
5,338
1,596.707
7,200
47,9S4
1.603,907
Other trndlng *ctlvltles
FONDT
Walking Maps
Arts & Culturg
Morpelh Town Council
Olher income
Deeds not words
Boys Brigade
570
1,185
13,629
4,400
2,425
640
4.400
10.051
2,333
5,000
2,6t)O
20.116
27.120
Totsl InGorn•
68.070
1,631.027
19
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities {tonthuqdJ
Year ended 31 March 2021
2021
2020
Exyndltur•
Co$1$ of ralslng donatlons and legacl•s
Arts and Cuhur8
Boys Brigade
Walking M8PS
520
11,178
5,000
2.333
2.853
16,178
Exp•ndltur• on ch*rlt•ble •ctfvhl•#
Wages and 5alarie$
Pension costs
Establishment costs and Room hire
Accounlancy
Bank charges
Outsourced labour
Professional fées
Other cosis
Marketing
Other molor and travel costs
Legal and professional fees
Telephone
Postage. 51ationery and photocopièr
Depreciation
Membgrship and subscriptions
Repairs and mainlonance
It ¢osts
Annual general meetiry
56,537
20.176
10.218
1,825
124
10,387
13,712
3,807
10,113
31,197
19,610
9,200
1,151
158
16.095
475
1,119
2,750
1.557
2.323
48.951
125
463
3,115
1,289
1,174
1.288
2,372
79,816
250
3.461
1,656
120
217,034
139.578
Total •xp•ndltur•
219,887
155,756
N•t l•xp•ndltur•lllncom•
{151,8171
1.475,271
20
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Detalled Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Costs of raislng donations and legacies
Arts & Culture
Boys Brigade
Walking Maps
520
11,178
5,000
2.333
2.853
16,178
C05t¥ ol r•l¥lng don#tlons and l•gacl•s
2,853
16,178
Exp•nditur• on ¢harStabl• 8ctlvbtl••
A¢tlvlty
Support ¢o$ts
Wages and salaries
Pension
Establishment C0515 and Room Hire
Accountancy
Bank charges
Oulsourced18bour
Professional fees
Othèr costs
Marketing
Other molor and travel costs
T8lephon8
Postsge, Slatsonery and PhOtcp1eT
Depreciation
Membership and svbscrlplions
Repairs and malnlenance
IT costs
Annual ggneral mgeling
56,537
20,176
10,216
1,825
124
10.387
13,712
3,807
10.113
31,197
19,610
9,200
1,151
158
16,095
475
1,119
1,557
2,323
48.951
125
463
3,115
1,289
1.288
2.372
79.816
2SO
3,461
1.656
120
215,860
136,828
Gov•manc• costs
Governance cosls- accountarKy fees
Governance costs- audit fees
1.174
2,750
1.174
2,750
Expenditur• on ¢ha¢ltable adlvl¢l¢•
217,034
139,578
21
COMPANY REGISTRATION NUMBER.. 05676236
CHARrrY REGISTRATION NUMBER: 1117036
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2021
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Financial Statements
Year endod 31 March 2021
Page
Trustees, annual report {incorporating the directorfs report)
Independent examinerfs report to the trustees
Stalement of financial activities {induding income and
expenditure account)
Statement of financial position
Notes to the financial statements
The followlng pages do not fomi part of the financlal statem•nts
Detailed statement of financial activities
19
Notes to the detailed ststement of financial activities
21
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dlrectorfs Report)
Year ended 31 March 2021
The Iruslees. who are also the directors for the purposes of company law. present their report and the
unaudited financial stslement5 of the charity for the year ended 31 March 2021.
Rgfer•nce and admlnlstratlve detalls
Regl$t•rod charty narn•
Greater Morpeth Development Trust Limited
Charlty r•glstratlon numb•r
1117036
Company r•glstratlon numb•r 05676236
Principal offlc• •nd r•gl$ter¢d codis Park Lodge
gfflc•
Castle Square
Morpelh
Northumberland
NE61 1YO
Th• tru#t••*
KM Bibby-wilson Retired
EduCatnal Pfofessional
K E B¢)wer Acting Chatr
J H Edmundson Retid Planning
Professional
F Res¢igno R8lired Chemical
Professional
B Martin Relired
D Phillips Retired Hfjatth Sep4ice IRes4ned 2S May 20201
Professional
R J C Burrow Retired
M D Willis Pastor Chtsrch
(Appointed 17 December 20201
Company ••cr•tary
D Lodg8
Ind•p•nd•nt •xamln•r
Michael W Reed
Russell House
Greenwell Road
Alnwick
Northumberland
NE66 1HB
structur•, gov•man¢• and m•nag•m•nt
The Charity is controlled by its goveming d9ment, a deed of Irusl. and con51ilute5 a limited
company. limited by guarantee as defined by Ihe Companies Act 2006.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) {¢onllnu
Year ended 31 March 2021
Structure. govornan¢• and m•nag•m•nt (¢on#n
Greater Morpeth Developmenl Twst rnited will devek)p Morpelh to a premier market town in
North East England, piomoting and imprown9 the town and Countryside for public benefil, economic
and social well-being of people Iwing and working in Morpeth and ils surrounding afeas of
Northumberland through the promolion of urban and rural re9eneratton.
The chanty is required to report how il dea15 With furKlraising from the public. The charity does not use
a professional lundraiser or commercial participator to raise funds. Any monies raised direcl from the
public folbws all guidelines set out by the Charity Commission and UK law in every respect. w
respect the privacy an¢J conl8cI PferenceS of 811 dorK)rs.
Th8 board, who give their time freety and no Irusle8s reIved remuneration in the year. have
considered who the Key Managemènt Personnel IKMPI of the charity are. Together with th6 board,
Ihesg KMP are those in ¢harg& of directing and ntrOlling, running and opgrating the activrties of thè
charity on a day to day basis. Thg pay of KMP is reviewed annualty and nornialty in¢rgas8d in
accordance with avgrage eamings. The Iruslees b&nchmark 8gainsl pay levels of other chariligs and
slmilar organisalions wrthin the sector and the region. Pay levels are sel using this information
logelh6r with the budget and forecast inf0matn, ensuring that the chanty can affording proposed
increasès. The board then agree any uplift lo fymunoTalKJn.
Obl•ctlv¢$ •nd •¢tlvltl••
Greater Morpelh Development Trust IGMDTI has been in existence since 2006 and the diveTS8 range
of projects carried out over the pa51 thirteen years could not have happened wilhoul the support of our
partners, lundeTS and member5.
GMDT have Continued their objgctive of devgloping partnership nolworks through facilitation to
develop InrtSallves and through the skill base in the team adding value where over possibie to mako
Morpeth a quality place to live.
GMDT have developed a portfoliti ol projects lo deliver these aims and objeclives and the major
capital schemes which have benefrtted Ihe town include the Ihe deVelOPMent of Morpgth Town Hall
an¢Y Morpelh Railway stslK)n which generale11 developmenl income and sustainable income lo suppr)rt
Ihe activities of GMDT_ This has been achieved through the support of a numbgr of funding bodies
who have invested in the vision lo redevelop key public assets within Morpelh the main funders
being Heritage Lottery Fund, Netwowk Rail. Northem Trains Lirniled. Northumbedand County Council,
Railway Heritagè Trust and North East Rural Growth Nelwork.
Achl•v•m•nts 4Trd p•rfornianc•
The existing staff team is made up of 1 full time and 2 part lime membefs SUPPOrted by a range of
professional associates lo deliver a portfolio of quality projects and through engaging volunleer5'
support and strong partnership working we work to maintain our level of service and delivery for the
benefrt of Morpglh. More dèlail aboyt the a¢tivili8s during the year and photographs and tests'moni81$
of Ihg projgcls Can be segn ¢)n our web$rte wvM.gnJth.not and also within our Annual R9POrt.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) f¢ontlnu•dJ
Year ended 31 March 2021
Flnanclal revlew
Morpeth Raithy Station has tsken ¢Mr seven years from incepl*Jn to Comption and has been a
majoi undertaking for a Charity of our size and could not have been delivered wilhoul Ihe support of a
portfolio of lunders who provided the capiial lo realise the opportunty of rejuvenating a key assel for
the town. Not only did the proiect reinslate a grade 11 listed building lo ils fom781 glory bul provides a
gateway lo the town of which the public ¢an be proud. The funding was not only se¢uTed to safeguard
the future of the Grade 11 Listed sialion lo provide an onlerprisè hub for sm811 businesses as well
as creating a slate of the art tick81 office, and provide modern facilrties for today's rail users such a$
new loilets. The ¢Upat]n of units in the office suile will provide an income strèam for GMDT which
shall sustsin the Charity in future year5 and enable further public benefft to be rgalisgd.
Small cornpany provlsion•
This report hos been prepared in accordanee with thè provisn$ applicabl8 to companies enlrtlod to
the small companles exempknn.
The InJslee$' annu81 report was aFproved on
Injslees by..
. and signed on behaff of the board ol
É 6uZ4rtr
K E Bower Acting Chair
Truste8
Greater Morpeth Development Trust Limited
Company Llmited by Guarantee
Independent Examinerfs Report to the Trustees of Greater Morpeth
Development Trust Limited
Year ended 31 March 2021
I report lo the trustees on my examination of ihe financial stalemenls ol Greater Morpelh Development
Trust Limited I'the charity.) for the year en¢J¢d 31 Maf¢h 2021 which are sel out on pages 5 10 17.
R•$pon$lbllltle$ and ba$ls of r•port
As the Injslees of the company land also its directors for the purposes of company lawl you are
responsible lor the preparalion of the financial statements in accordance wilh the requirements ol the
Companies Ad 2006 llhe 2006 Act.).
Having satisfied myseff that the accounts of the company aro not required to be audrted under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examinats'on of
the charity s accounls as Carried out under sects'on 145 of Ihe Charities Acl 2011 1.the 2011 Acl'l. In
carrying out my examination I have followed the DirectK)ns given by the Charity Commission under
section 14515llbl of the 2011 Act.
Ind•wnd•nt •xamln•rf* stat•rn•nt
I have completed my examinalw. I confinn that no matters have come lo my attenllon In connecllon
with the examination giving me Cause lo bel*ve.'
accountlng rerS were not kept in respect of thè charity as required by section 386 of the
2006 Act; or
tho financial statements do nol accord with those records.. or
the finanal slalem8nts do not cNnply with the ac¢ountin9 requir8menls of section 396 of
the 2006 Act other than any requirement that the accounts give a 'lTUè 8fKI fairf vi8w which
is not a matter considered as part of an independ8nt examination., or
the financial siatements have nol been prepared in accor(lance with the methods and
principles of the Statement of Recommended Practice for accounting 8nd reporting by
charities applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard apicab in the UK and RepublK of lieland {FRS 1021.
I hav8 no concams and have come across no other matters In connectK)n with Ihe examination to
which attention shoukl be drawn in this rep1 in ort1er to 8n8bSe a proper understanding of tha
8c¢ounts lo be reached.
Michael W Ree¢J
Independent Examiner
RLtssell House
Greenw911 Road
Alnwick
Northumberland
NE66 1HB
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Slatemont of Financlal Actlvities
(including income and expenditure account)
Year ended 31 March 2021
2021
Restricted
lunds Tot*1 fvnds Total funds
2020
Unrestricted
funds
Not•
In¢om• and endowm•nts
Donation5 and legacies
Other trading activities
Total in¢ome
5.338
15.086
42.616
5.030
47,954
20,116
1,603,907
27,120
20.424
47.646
68,070
1.631,027
Exptndlture
Expendrturfj on raising funds..
Costs of raising donations and
legacies
Expenditure on charilabk activibes
Total •xp•ndllur•
520
32,824
2,333
184.210
2,853
217.034
16.178
139,578
33.344
186,543
219,887
155.756
N•t l•xp•ndtturnlllncom• and n•t
m¢v•m•nt In lund8
112.9201 (138,897) {151,8171
1,475,271
ROn¢111•11on of fund•
Total lunds brought forward
Total funds carrl•d forward
18.715
2.255.969
2,274,684
799,413
5.795
2.117,072
2,122,867
2,274.684
The statement of flnancial activititis includes all gain5 and tr)ssos rocognised In the year.
All Income and expendrture delive from witinuing activities.
Th• notes on pag•$ 8 to 17 lorni part olth•se financial 5taternents.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2021
2021
2020
Not•
Flxed assets
Tangible fixed assets
16 1.853,632
1,833,225
Curr•nt as$•ts
Debtors
Cash at bank and in hand
17
779
269.631
51.298
393.911
270.410
445,209
Cr•dltors: amounts falllng due wlthln ono ye•r
N•t curr•nt •s$•ts
18
1.175
3,750
269.235
441,459
Total ••••tJ l••• curT•nt Il•bllltl•*
2.122,867
2.274,684
N•t a$$•ts
2,122,867
2.274.684
Funds of the ¢h•rfty
Reslricled funds
Unreslricled funds
2.117.072
5,795
2,255,969
18.715
rotal ¢harlty funds
20 2,122.867
2,274,684
For the year ending 31 March 2021 the charity was enlitknl lo exemplN)n from audit under seclton 477
of the Companiès Act 26 relating to small companies.
DireGtorn' responsibililies:
The members have not rfjquired the company lo oblain an audit of its financial stat?menls for the
year in question in ¢dance wilh soction 476:
The directots acknowledge their responsibilities lor complying wth Ihe requirgments of tho Act
with respect to accounting records and the preparation of financial Stalemgnts.
Thesg financial slalemenls have been wepargd in accordance with the provisMs applicable lo
companies subject lo the small companies, regime.
The statement of financial position
continues on the following page.
The not•$ on pag•5 8 to 17 forni part of th•s• financial statements.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Statement of Financial Position (¢oft#ftu•
31 March 2021
Thes
financial ststemenls We approved by the board of trustees and authorised for issue on
4/4/z./...,
and a sKJned on behalf of the board by..
K E 8ow8r kling Chair
Trustee
Th• not•s on Pay 8 to 17 form part of thes• financlal 5tatemonts.
Greater Morpeth Development Trust Limited
Company Llmited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
General Infonnatlon
The ch8rity is a public benefft enltty and a wivate company limiled by guarante6. registered in
England and Wales and a Tegislered charity in England and Wales. The address of the
registered office is Carlisle Park Lodge. Ca$Ue Square. Morpelh. Northumbèrfand, NE61 1YD.
Statement ot cornplianc•
These financial slalemenls have bèèn prepared in compliance with FRS 102, The Financial
Roporting Standard applicable in Ihe UK and the Republic of Ireland,, the St8lemenl of
Recommended Practice applicable to charitiès preparing their a¢counls in accordance with Ihg
Financial Reporting Standafd appli¢able in the UK and R8public of Ireland {FRS 1021 Icharilios
SORP IFRS 10211 and the Companies Act 2006.
A¢c¢wntlng pollcl•¥
Basls ol pr•paratlon
The financial slalemenls have been prepared on th8 historical cost basis. The financlal
slatemenls are prepared in sleding, which is the functional currency of the enlty.
Golng conc•m
There are no material uncertaint5 about the charitys ability to continue.
Dl8closur• •xomptSon#
The entity satisfies the ¢rileria of being a qualifying enlty as defined in FRS 102. As such.
advantage has been taken of the following discknsure exemptions available under paragraph
1.12 of FRS 102.. lal No cash flow statement has been presenled for the company.
Judg•mènts and k•y of e•tlmatlon un¢•rt*lnty
The preparation of the financial statements requires management lo make ludoemenls,
eslimales and assumption5 that affect the amount$ rgportod. These estimates and judgements
are continually Tevièwed and are based on experience and other f8clors, including expectations
of future events that are believed to bo reasonable ijnder the clrcumstancès.
Fund •¢¢ounllng
Unrestricted funds are availablè for use at the di5crelton of the trustees lo further any of th6
charitys Purposes.
Restricted funds are subJ'e¢tgd lo restrtiOnS on their expenditure declared by th9 donor or
through the lemis of an appeal, aNJ f811 into one of two sub•classes.' restricted income funds or
fjndowmenl lunds.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Financial Stalements iconthiu•d)
Year ended 31 March 2021
Accountlng pollcl•s (conthu•d)
In¢omlng r•$our¢
All Income is induded in the slalement of financial acts"vities when entitlement has passed to the
chaiily. rt is probable that the economic benefits associated w7th the transaction will flow to tho
charity and the amounl be rdiably m&asured. The following specrfic Pol$ are applied lo
particular categories of income".
- income from donations or grants is r8COgnised when Ihore is eVKlence of entitlement to thè gift.
rec8lpl is probable and its amount ¢an b8 measured reliably.
income from donated goods is measured at the fair value ol the goods unless this is impractical
lo measure reliably, in which case the value is derivgd from the cost lo the donor or the
eslimaled resale value. Donated facilibes and seThices a recognised in thè accounts when
received il the valve can bg rdiabty measured. No amounts are included for the contribution of
9ener81 volunteers.
income from ntracts for Ihe supply of services is recognised delivery of the
ontracted service. This is classrf*d as unre51ricted funds unless thore is a contractual
roquir8mgnl for il lo be spent on 8 particular purpose and relurned rf unspent, In whlch cas8 It
may be regarfjed as restricted.
Re8ourc•s •xp•nd•d
Expenditure is fecognlsed on an accruals bas18 as a liability is incurred. Expendilure Includes any
VAT which cannot be fully recovered, and is ¢lassifietl undef heatjings ol the $181em8nl of
flnancial activities lo which il relates:
expendrture on raising lunds ineludes the costs of all lundraising activities, events,
non-charitable tradiro activilwJ. and the Sa of donaled good$.
expendilur• on charitable activrt*s includes all costs incurred by a charity in undertaking
a¢livilies Ihal further its charItsb aims for the benefit ol ts beneficiaries, including those
support costs and co$1$ relaling lo the governan of Ihe charity apportioned lo charitable
aclivititis.
oth8r 8xp8nditure includes all expendrture that ts neithér r8lat8d to raising funds for th8
charity nor part of Its expenditure on charitable actiVitS.
All costs are allo¢alod lo expenditure categories refieciing the use of the resource. Direct costs
attributable lo a single activity are albcat8d direclty to Ihal activrty. Shared costs are apportioned
beeen the a¢tivil*s Ihgy contn'bule to on a reasonable, iustsfiable and consi$tgnt ba$is.
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements {¢onithu•dJ
Year ended 31 March 2021
Ac¢ountlng poll¢los f¢onUftu•dJ
Tangible assets
TangibLg assgls are inillalty recorded al cost. and subsequentty stated at cost less any
accumulated deprecialion and irnpairment losses. Any tangib assets carried al revalued
amounts ar8 recorded al the fair value at the dale of revaluation less any subsequent
8c¢umulaled depreciation ar subsequent accumulated impaimenl losses.
An incrèase in the carrying amount of an assel as a resuh of a rèvaluation, is recwnised in other
recognised gains and losses. unless it reverses a charge for impairment that has pr8viou$ly been
recognised as èxpenditure within th6 statement of financial acliviti8s. A decr8as8 in Ihg cafrying
amount of an asset as a resutt ol fevaluation, is reniSed in other recognised gains and losses,
except lo which il offsets any previous revaluatn gain, in ¥thich case the loss Is shown within
other recognised gains andlossgs on Ihe statemenl of fin8ncial activili8s.
D•pr•clatlon
Depreciation is cakulaled 80 88 to lt& off the cost or valuation of an assel. less 118 resldual
value. over the uselul economic lrfe of that asset as folk)ws'.
Long asehold Rai8Y
Developmgnl
Short198sohold propety
Fixtures an*Y fittings
4% straah1 line
4% slraNJhl line
15% reducing tsan¢e
Imp•lrm•nt of flx•d •$$ets
At each bal8nce sheet dale. the company rewews the carying amount of ils tangible fixed assets
lo delernine whether there 1$ any indication that any ilems havo sLbff¢r&d an impaimienl loss. If
any such indication exits, Ihe fecoverabie amount of an asso1 is ostimaled in order lo delermint
the extent of the imp8irment kiss, rf any.
Flnan¢lal Instrnm¢nts
A financial asset or a finanaal liability is recognisod onty when the entity becomes a paty b the
conlr8clual provisions of the instrument.
Basic financial instruments are inilralty rect)3nised al the amount receivab or parable including
any related trans0dn costs, unless the arrangement conslilules a financir¢g Iransaction, whore
it is recognised al the present value of the future payments discounted at a market rale of
intgresl for a similar debt instrument.
CurTenl assets and Current Ipbilities are subsequently measured al the cash or other
consideration expectgd to be paKI or received and not di$ccMJnled
10
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2021
Ac¢ountlng pollcl•s (con
Defined contrlbutlon plans
Contribulions lo defined conlribLFtK)n plans are recognised a$ an exppnse in the period in which
the relaled setvice is provided. Prepaid contributions are recognised as an asset to Ihe extent
that the prepayment will lead lo a reduction in ftslure paymenis or a cash refund.
When contributions are nol expecte¢J lo be settw wholty within 12 months of the end ol the
Teporting dale in %thich the employees fender the lated service, the liability is measured on a
discounted pr&s8nt valltre basis. The unwinding of the discount is recognised 0$ an expansg in
the period in which rt arises.
Llmlt•d by guarant••
Great8r Morpeth Development Trust Limited is a limited company Ilmitod by guarante9 and
accordingly does not have 8 share capital.
Every member of the company undertakes to ¢¢)nlribute such an amount as may be required not
exceeding £1 to the assets of the charitable company in the event ol il being wound up while h
or she is a member. or within one year after he or she ceases lo be a member.
Donatloni and hg*cl
UnTeslricled
Funds
Restricted Total Funds
Funds
2021
Donation•
Raihyay Slation Projecl
Cresswell Pele Tower
42,616
42,616
S,338
5.338
5,338
42.616
47,954
unrestn.cted
Fund$
Reslricled Totsl Funds
Funds
2020
Donatlon•
RaIvay Slalion Project
c$$well Pele T¢)wer
1,596.707
1,596,707
7,200
7.200
1.596.707
1.603.907
11
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to thè Flnancial Statements icon
Year ended 31 March 2021
other tradlng a¢tlvltle¥
Unrestricted
Funds
Reslricled Total Funds
Funds
2021
FONDT
Walking Maps
Arts & Cultu
IAorpelh Town Council
Other income
Deed5 not words
Boys Brigado
2.425
2.425
640
4,400
10,051
640
4.400
10.046
2.600
2,600
15,086
5.030
20.116
Unrostricled
Funds
Restn"ct6d Total Funds
Funds
2020
FONDT
Walking Maps
Arts & Culture
Morpelh T¢)wn Council
Other income
Oeeds not words
Boys Bri9ade
570
570
1,185
13,629
4,400
1,184
2,457
11,172
4,41XI
2.333
5.000
2,333
5,000
16,146
10,974
27,120
Costs of r•lslng donatlon• •nd 9•¢1
Unrestn"ct8d
Funds
Restriclad Total Fund$
Funds
2021
Costs of ralslng dOrli0n$ *aci85
520
2,333
2,853
Unreslricled
Funds
Restrict Total Funds
Funds
2020
Costs of rai$ir4J donations and legatses
15,618
16,178
12
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements
Year ended 31 March 2021
Exwndlture on ¢harStabl• actlvltlos by fund typè
Unreslricled
Funds
Restricted Total Fund$
Funds
2021
Support costs
32,824
184.210
217.034
Unrestricted
Funds
Restricted Total Funds
Funds
2020
Support St$
26,943
112,635
139,578
Exp•ndltur• on ¢h•rltabl• 4ctlvltl•* by •ctlvlty typ•
Totsl funds
2021
To181 fund
2020
Support costs
A¢lNty
Govemance costs
215,860
1,174
215,860
1.174
136.828
2,750
217,034
217.034
139,578
10. An4ly•l• of •upport costs
Analysis of
support costs
activity 1 Total 2021 Total 2020
Govemance costs
Support costs- Other costs
1,175
214,786
1,175
214,786
3,750
135,828
215,961
215.961
139,578
11. N•t {•xp•ndltur•illncom•
Nel lexpenditureyinwne is stated after thaTgintylcreditingl'.
2021
2020
0oprKiation of tangible fixed assets
79,816
48,9S1
12. Audltors r•mun•ratlon
2021
2020
Fees payable for the audit of the financial statements
2,750
13
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Financlal Statements
Year ended 31 March 2021
13. Independent •xamlnatlon f••s
2021
2020
Fees payable lo the independent examiner fw.
Independent eXaMinatn of Ihe financial statements
1.175
14. Staff costs
The iotal staff costs and employee benefits foi the reporting poriod are 8nalysed a5 follows..
2021
2020
Wages and salaries
Employer contributions to pension plans
56,537
20,176
31,197
19,610
76,713
50,807
Thg average head count ol ernoYeeS durirvj the yaor was 312020.. 31. The average number of
fvll-time eqvN8lenl employees during the year 1$ analysed as follows..
2021
2020
No.
Number ol staff - type 1
Number ol staff - type 2
No employee r01¥&d ompk)yee benefits of rnjre than £60.0 during the yeor12020.' Nill.
15. Tru*te• r•mun•ratlon and •xwns
There were no Iruslèe$' remuneration or olher benefits for the year ended 31 March 2021 or
2020.
There were no Iruslees, expens paid for the year endgd 31 March 2021 or 2020.
14
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements {eonllnu•dJ
Year ended 31 March 2021
16. Tanglbl• flxed a$s•ts
leasehold
property41ail
way stalion
Short
leasehokl Fixtures and
fittings
Total
Cost
At 1 April 2020
Additions
1,888.123
97.776
7.5
8,895
2.447
1,904.923
100.223
At 31 March 2021
1,985,899
7.9)5
11.342
2,005,146
Depr•c5ation
At 1 April 2020
Charge for the y88r
At 31 March 2021
56,659
79.436
7.905
7.134
71,698
79,816
136.095
7.905
7,514
151.514
Carrylng amount
Al 31 March 2021
1.849,804
3.828
1.853,632
Al 31 March 2020
1.831.464
1,761
1.833,225
17. D•btorn
2021
2020
Prepayments and accruèd Ir•m8
Othef debtors
363
416
20,441
30,857
779
51,298
18. Gr•dltors: amounts talllng du• wlthln on• y•ar
2021
2020
Accruals and deferred Income
1,175
3.750
19. P•nslons and other post rntlr•m•nt b•neffts
D¢flned Contrfbutlon plans
The amount recognised in income or expenditure as an expense in relation to definèd
ntribution plans was É20,17612020: £19.6101.
15
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Flnancial Statements (¢ondTru•
Year ended 31 March 2021
20. Analysls of ¢harltabkn funds
Unr•strict•d funds
At
31 March 202
At
1 April 2020
Income Expendrturé
GeneT81 funds
18.715
20,424
133.3441
5,795
Al
31 March 202
1 April 2019
Incx>m8 Expenditure
Gener81 funds
22,872
23,346
127,503)
18,715
Rvlrl¢t•d fund$
At
11 m4h 202
At
1 April 2020
Inrn Exp8ndilure
R8strieted Fund
2.255,969
47.646
1186,5431 2,117,072
At
31 March 202
Al
1 April 2019
Income Expendrture
Restricted Fund
776.541
1.607.681
1128,2531 2.255,969
21. Analy•l• ol not •s••ts b•twe•n lunds
Unrestrict8d
Funds
Restrithd Total Fund$
Fund8
2021
Tangible fixed assets
Currgnl assets
Creditors less than 1 year
N•t ass•ts
261
6.708
(1,1751
5,794
1,853,371
263.702
1,853,632
270,410
11.1751
2.122,867
2,117,073
Unreslricled
Funds
Reslricled Total Funds
Funds
2020
Tangible fixed assets
Current assets
Creditors less than 1 year
N•t a$sots
307
22,158
(3.750}
18.715
1.832,918
423.051
1,833,225
445.209
{3,7501
2,274.684
2.255.969
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes lo the Financial Statements (¢onthu•d)
Year ended 31 March 2021
22. Capltal commltments
Capital commitments conlracled for but not provided in the financial stalemonls are
£56,20012020'. £181,909)
17
Greater Morpeth Development Trust Limited
Company Limlted by Guarantee
Management Information
Yoar ended 31 March 2021
Th• followlng pag•s do not forn) p•rt of th• ftn•n¢l•l stst•m•nts.
18
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Income and ¥ndowments
Donatl¢ns and l•ga¢l
Railway Slalion Project
Cres5well Pele Tower
42,616
5,338
1,596.707
7,200
47,9S4
1.603,907
Other trndlng *ctlvltles
FONDT
Walking Maps
Arts & Culturg
Morpelh Town Council
Olher income
Deeds not words
Boys Brigade
570
1,185
13,629
4,400
2,425
640
4.400
10.051
2,333
5,000
2,6t)O
20.116
27.120
Totsl InGorn•
68.070
1,631.027
19
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities {tonthuqdJ
Year ended 31 March 2021
2021
2020
Exyndltur•
Co$1$ of ralslng donatlons and legacl•s
Arts and Cuhur8
Boys Brigade
Walking M8PS
520
11,178
5,000
2.333
2.853
16,178
Exp•ndltur• on ch*rlt•ble •ctfvhl•#
Wages and 5alarie$
Pension costs
Establishment costs and Room hire
Accounlancy
Bank charges
Outsourced labour
Professional fées
Other cosis
Marketing
Other molor and travel costs
Legal and professional fees
Telephone
Postage. 51ationery and photocopièr
Depreciation
Membgrship and subscriptions
Repairs and mainlonance
It ¢osts
Annual general meetiry
56,537
20.176
10.218
1,825
124
10,387
13,712
3,807
10,113
31,197
19,610
9,200
1,151
158
16.095
475
1,119
2,750
1.557
2.323
48.951
125
463
3,115
1,289
1,174
1.288
2,372
79,816
250
3.461
1,656
120
217,034
139.578
Total •xp•ndltur•
219,887
155,756
N•t l•xp•ndltur•lllncom•
{151,8171
1.475,271
20
Greater Morpeth Development Trust Limited
Company Limited by Guarantee
Notes to the Detalled Statement of Financial Activities
Year ended 31 March 2021
2021
2020
Costs of raislng donations and legacies
Arts & Culture
Boys Brigade
Walking Maps
520
11,178
5,000
2.333
2.853
16,178
C05t¥ ol r•l¥lng don#tlons and l•gacl•s
2,853
16,178
Exp•nditur• on ¢harStabl• 8ctlvbtl••
A¢tlvlty
Support ¢o$ts
Wages and salaries
Pension
Establishment C0515 and Room Hire
Accountancy
Bank charges
Oulsourced18bour
Professional fees
Othèr costs
Marketing
Other molor and travel costs
T8lephon8
Postsge, Slatsonery and PhOtcp1eT
Depreciation
Membership and svbscrlplions
Repairs and malnlenance
IT costs
Annual ggneral mgeling
56,537
20,176
10,216
1,825
124
10.387
13,712
3,807
10.113
31,197
19,610
9,200
1,151
158
16,095
475
1,119
1,557
2,323
48.951
125
463
3,115
1,289
1.288
2.372
79.816
2SO
3,461
1.656
120
215,860
136,828
Gov•manc• costs
Governance cosls- accountarKy fees
Governance costs- audit fees
1.174
2,750
1.174
2,750
Expenditur• on ¢ha¢ltable adlvl¢l¢•
217,034
139,578
21