2022-03-31-accounts

				Page
Trustees' annual report (incorporating the		director's	report)
Independent examiner's report	to the trustees
Statement offinancial activities	(including	income and
expenditure account)
Statement offinancial position
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement offinancial	activities			19
Notes to the detailed statement	offinancial	activities		21

Registered		charity	name	name	Greater Morpeth	Development	Trust Limited
Charity registration			number		1117036
Company	registration			number	05676236
Principal office and			registered		Carlisle Park Lodge
office					Castle Square
					Morpeth
					Noithumberland
					NE61 1YD
The trustees
					KM Bibby-Wilson	Retired
					Educational Professional
					J H Edmundson	Retired Planning
					Professional
					FRescigno Retired Chemical
					Professional
					8 Martin Retired		(Resigned 16September 2021)
					RJC Burrow Retired
					IVI D Willis
							(Served from 16September 2021
					K M Johnson		to9May 2022)
					H R Brown		(Appointed 9 May 2022)
					K E Bower
Company	secretary				MD Willis
Independent		examiner			Michael W Reed
					Russell House
					Greenwell Road
					Alnwick
					Northumberland
					NE66 1HB

						2022		2021
					Unrestricted	Restricted
				Note	funds 6	funds E	Total funds 6	Totalfundsf
Income and endowments
Donations and legacies				5	2,057	17,069	19,126	47,954
Other trading activities				6	7,873	11,000	18,873	20,116
Other income				7	3,494		3,494
Total income					13,424	28,069	41,493	68,070
Expenditure
Expenditure on raising funds:
Costs ofraising donations		and
legacies				8	1,898		1,898	2,853
Expenditure on charitable	activities			9,10	11,772	193,962	205,734	217,034
Total expenditure					13,670	193,962	207,632	219,887
Net expenditure and net	movement		in
funds					(246)	(165,893)	(166,139)	(151,817)
Reconciliation offunds
Total funds brought forward					5,795	2,117,072	2,122,867	2,274,684
Total funds carried forward					5,549	1,951,179	1,956,728	2,122,867

			Note	2022 f	2021 f
Fixed assets
Tangible fixed assets			16	1,823.767	1,853,632
Current assets
Debtors			17	14,061	779
Cash at bank and in	hand			160,094	269,631
				174,155	270,410
Creditors: amounts	falling	due within one year	18	41,194	1,175
Net current assets				132,961	269,235
Total assets less current		liabiiities		1,956,728	2,122,867
Net assets				1,956,728	2,122,867
Funds ofthe charity
Restricted funds				1,951,179	2,117,072
Unrestricted funds				5,549	5,795
Total charityfunds			21	1,956,728	2,122,867

value, over the	useful economi	c life ofthat asset	as follows
Long leasehold	Railway	4%straight	line
Development
Short leasehold	property	4%straight	line
Fixtures and fittings		15%reducing balance

Donations and legacies
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	6	6	6
Donations
Railway Station Project		17,069	17,069
Cresswell Pele Tower
Cinema project	2,057		2,057
	2,057	17,069	19,126
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	6
Donations
Railway Station Project		42,616	42,616
Cresswell Pele Tower	5,338		5,338
Cinema project
	5,338	42,616	47,954

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					F		6
	Walking	Maps			2,016		2,016
	Arts &Culture				846		846
	Morpeth	Town Council
	Other income				5,011	11,000	16,011
	Boys Brigade
					7,873	11,000	18,873
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					5	6
	Walking	Maps				2,425	2,425
	Arts 8 Culture				640		640
	Morpeth	Town Council			4,400		4,400
	Other income				10,046	5	10,051
	Boys Brigade					2,600	2,600
					15,086	5,030	20,116
7.	Other income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
					6	6
	Rental inome			3,494	3,494
8.	Costs ofraising donations			and legacies
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					6		6
	Costs of	raising donations	and legacies		1,898		1,898
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					6		8
	Costs of	raising donations	and legacies		520	2,333	2,853

Yea	r ended 31		March 202	March 202	March 202	2	2
9.	Expenditure		on charitable			activities by fund type
							Unrestricted	Restricted	Total Funds
							Funds	Funds f	2022 f
	Supportcosts						11,772	193,962	205,734
							Unrestricted	Restricted	Total Funds
							Funds	Funds f	2021 F
	Support costs						32,824	184,210	217,034
10.	Expenditure		on charitable			activities by activity type
								Total funds	Total fund
							Support costs F	2022 f	2021 f
	Activity						204,560	204,560	215,860
	Governance	costs					1,174	1,174	1,174
							205,734	205,734	217,034
11.	Analysis of	support costs
							Analysis of
							support costs	Total 2022 f	Total 2021 f
	Governance	costs					1,174	1,174	1,175
	Support costs		- Other costs				204,560	204,560	215,859
							205,734	205,734	217,034
12.	Net expenditure
	Net expenditure			is stated	after charging/(crediting):
								2022 f	2021 f
	Depreciation	oftangible			fixed assets			81,227	79,816
13.	Independent		examination			fees
								2022 f	2021 f
	Fees payable		to	the independent			examiner for:
	Independent	examination			of	the	financial statements	1,174	1,175

Staff costs	Staff costs
The total staff costs		and employee		benefits for		the reporting period are analysed as follows:
						2022	2021
						5
Wages	and salaries					21,768	56,537
Employer contributions to pension				plans		206	20,176
						21,974	76,713
The average head		count of employees			during	the year was 2 (2021:3).The average	number of
full-time	equivalent	employees	during the year			is analysed as follows:
						2022	2021
						No.	No.
Number	ofstaff - full time						1
Number	ofstaff - part time					2	2

					Long
					leasehold
					property-	Short
					Railway	leasehold	Fixtures and
					station f	property	fittings	Total f
	Cost
	At 1 April 2021				1,985,899	7,905	11,342	2,005,146
	Additions				47,550		3,812	51,362
	At 31March	2022			2,033,449	7,905	15,154	2,056,508
	Depreciation
	At 1 April 2021				136,095	7,905	7,514	151,514
	Charge for the year				80,229		998	81,227
	At 31March	2022			216,324	7,905	8,512	232,741
	Carrying amount
	At 31March	2022			1,817,125		6,642	1,823,767
	At 31 March 2021				1,849,804		3,828	1,853,632
17.	Debtors
							2022 6	2021 f
	Trade debtors						889
	Prepayments	and	accrued income				403	363
	Other debtors						12,769	416
							14,061	779
18.	Creditors: amounts			falling due within	one year
							2022	2021
							6
	Trade creditors						21,213
	Accruals and	deferred		income			19,981	1,175
							41,194	1,175
19.	Deferred income
							2022	2021 f
	Amount deferred		in year				18,806

Unrestricte	d funds
		At				At
		1 April 2021 f	Income	Expenditure	31 March 2022 f
General funds		5,795	13,424	(13,670)		5,549
		At				At
		1 April 2020	Income	Expenditure		31 March 2021
		8		8
General funds		18,715	20,424	(33,344)		5,795
Restricted	funds
		At				At
		1 April 2021	Income	Expenditure	31 March 2022
			8			6
Restricted	Fund	2,117,072	28,069	(193,962)		1,951,179
		At				At
		1 April 2020	Income	Expenditure		31 March 2021
				8		8
Restricted	Fund	2,255,969	47,646	(186,543)		2,117,072

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		6		8
Tangible fixed assets		2,351	1,821,416	1,823,767
Current assets		8,060	166,095	174,155
Creditors less than	1 year	(4,862)	(36,332)	(41,194)
Net assets		5,549	1,951,179	1,956,728
		Unrestricted	Restricted	Total Funds
		Funds	Funds f	2021 F
Tangible fixed assets		261	1,853,371	1,853,632
Current assets		6,708	263,702	270,410
Creditors less than	1 year	(1,175)		(1,175)
Net assets		5,794	2,117,073	2,122,867

	2022	2021
	6
Income and endowments
Donations and legacies
Railway Station Project	17,069	42,616
Cresswell Pele Tower (2021)		5,338
Cinema project	2,057
	19,126	47,954
Other trading activities
Walking Maps	2,016	2,425
Arts &Culture	846	640
Morpeth Town Council (2021)		4,400
Other income	16,011	10,051
Boys Brigade (2021)		2,600
	18,873	20,116
Other income
Rentai inome	3,494
Total income	41,493	68,070

Year ende	d 31	March		2022
						2022f	2021 6
Expenditure
Costs of raising donations				and legacies
Arts and culture						1,030	520
Cinema project						868
Walking maps (2021)							2,333
						1,898	2,853
Expenditure	on charitable			activities
Wages and	salaries					21,768	56,537
Pension						206	20,176
Establishment costs and room hire						9,257	10,216
Accountancy						1,200	1,825
Bank charges						170	124
Outsourced	labour					9,038	10,387
Professional	fees					1,388	13,712
Other costs						835	3,807
Marketing						2,971	10,113
Other motor	and travel costs					202
Mangement,	maintenance		and governance		costs	44,208	1,174
Telephone						989	1,288
Postage, stationery		and Photocopier				1,806	2,372
Depreciation						81,227	79,816
Membership	and subscriptions					462	250
Repairs and	maintenance					28,010	3,461
Itcosts						1,847	1,656
Annual general meeting						150	120
						205,734	217,034
Total expenditure						207,632	219,887
Net expenditure						(166,139)	(151,817)

Year ende	d 31 March	2022
			2022f	2021f
Costs of raising donations		and legacies
Costs of raising donations		and legacies
Arts &Culture			1,030	520
Cinema project			868
Walking Maps (2021)				2,333
			1,898	2,853
Costs of raising donations		and legacies	1,898	2,853
Expenditure	on charitable	activities
Activity
Support costs
Wages and	salaries		21,768	56,537
Pension			206	20,176
Establishment Costs and Room Hire			9,257	10,216
Accountancy			1,200	1,825
Bank charges			170	124
Outsourced	labour		9,038	10,387
Professional	fees		1,388	13,712
Other costs			835	3,807
Marketing			2,971	10,113
Other motor	and travel costs		202
Management	and maintenance		43,034
Telephone			989	1,288
Postage, Stationery and Photocopier			1,806	2,372
Depreciation Membership	and subscriptlons		81,227 462	79,816 250
Repairs and	maintenance		28,010	3,461
ITcosts			1,847	1,656
Annual general meeting			150	120
			204,560	215,860
Governance	costs
Governance	costs - accountancy fees		1,174	1,174
Expenditure	on charitable	activities	205,734	217,034