Charlty registratlon number 1119143
Company registration number 048272551England & Wales)
(A company Ilmlted by guarantee
The Linskill and North Tyneside Community Development Trust
Annual report and financial statements
For the year ended 31 March 2024

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
CONTENTS
Page
Relerence and administralive details
Chief Executives Report
Truslees, Report
3-12
Independertl Auditors Rewrt
13-15
Consolidated Statement of Financial Activities
16-17
Con501idated Balance Sheet
18
Charity Balance Sheet
19
Cash Flow Slatement
Notes lo the Con501idated Financial Statements
21.35

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
J Prendergast. Chairman
S Bums
B J Fitzgerald
S A McLoughlin
J Mcmanus
A R Muifitt
E Patience
R Boston
S A Smith
A M Watson
(Appointed 14 November 2023)
(Apwinled 14 November 2023)
Chief Executlve Officer
S Ripley
Company Rpgistratbon Number
04827255 (England & Wales
Charity Reglstratlon Number
1119143
Reglsterèd offlc8
The Linskill Centre
Linskill Terrace
North Shields
NE30 2AY
Bankers
Unity Trust Bank plc
4 Brindley Place
Birmingham
B12JB
SoliGilors
Muckle LLP
Time Central
32 Gallowgate
Newcasue upon Tyne
NE14SN
Auditors
Robson Laidler Accountants Limited
Fernwood House
Femwood Road
Jesmond
Newcastle upon Tyne
NE2 1TJ

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMEKf TRUST
CHIEF EXECUTIVE'S REPORT FOR THE YEAR ENDED 31 MARCH 2024
l am pleased to report another positive and produciive year for the Trust and for our th￿e communily hubs.. Linskill
Centre: Royal Quays Community Cenlre", Battle Hill Multi-use Centre. The steady growth which we anticipated al the
end of 2023, continued apar￿ in 2023124 with all departments rel￿rting increases in numbers of those a￿essing our
services and facilities. Regular weekly attendance at Linskill Centre. the largest ol our three hubs, grew from 4000 in
2020 lo 5500 now and there is every reason to believe this wll conlinue in a similar vein in 2024125.
We worked hard throughout the year to consolidate our financial position. overcDm8 the cost-of-living increases and
grow our free reserves We were fortunate lo secure a grant from the Community Organisations Cost of Liwn9 Fund
{administered by NatK)nal Lottery Communily Fund) whth helped with this. We also sought to reduce our energy
costs by carrying out phase one of an exciting programme of renewable energies installations. Howèver, with energy
costs doubling during the year we recognised we needed to do moKe and so we have ambitious plans to carry out a
phase two programme during 2024125. This will not onty reduce our operating costs but will also make a signrficant
impact on reducing carbon ernissions in keeping with our enwronmental commitmenls. These commilments are very
important to us and are not limited lo energy. During the year we also helped eenlre users who ovm èlectric cars by
installing EV charging poinls in the car park at Linskill Cenlre and a local company, Buy the ￿10, held a community
Environment Day at the Gentre to raise environmental aNYareness.
Having been awarded a prestigious Weston Charity Award in 2022. we were provided with a programme of strategic
consultancy SUPPOrt from Pilollighl 360. and during 202J23 we worked closely with them focusing on foijr key areas..
Strategy., Finances: Markeling.. Hub and Spoke model. With this support the Board and I have been provided with
much needed headspace to be able lo think more strategically away from operational matters. As a resull. and with
Pilollight 5UPPOrt, we have produced a brand-new stralegy document and improved how we market our f8cililies.
activities and services through the introduction of 8 vastly improved and more user-friendly website
visit it at
VvWW.lin
None of what we have achieved would have ￿en possible WFthout the profesSi￿all$M. dedication and commitment
of our Senior Leadership and staff teams. lo whom we owe many thanks. l am confident WFth their ongoing support
and with the help of our Board and our many volunteers we can look forward to wing from strength lo strength in the
year ahead.
Simeon Ripl•y
Chl8f Execut've
Dale
,10714

THE LINSKILL AND NORTH TYNESIDE COMMUNrrY DEVELOPMENTTRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
The tTuslees present their annual report fin¥rial statements for the year ended 31 March 2024.
The financial statements have been prepared irb acC(￿danCe with the accounting poI￿leS sel out in note 1 to the
financial slalements and comply with the Charity's governing document. Ihe Companies Act 2006 and -Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to chanties preparing their accounts
in accordance with the Financial Reports'ng Siandard applicable in the UK and Republic of Ireland (FRS 102).
(effective 1 January 20191_
OBJECTIVES AND ACTIVITIES
Polici08 and objectives
The objects. for which LNTCDT is established, are stated in its memorandum of Association and are as follows..
To promote the benefit of the inhabitanls of the communities of the North Tyneside area without
distincb.on of sex. sexual orientation, race or polib'cal. religioLtS or other opinions by associating togelher
the said inhabitant5 8nd the local authorities. voluntary and other organisations in a common effort lo
advance educalion, training arKJ yoviding opportunitie5 in the interests of social welfare with the primary
obJ"eclNe of improving the condiiions of life for said inhabi18nts.
To establish or secure the establishment of the Community Resource Centre {Linskill Cenlre) and
maintain and manage the same whether alone or in parelnership or in co-operation with local aulhorilies
or other persons in the furtherance of Ihe stated obj'ects.
In setting the objectives and planning for activities. the trustees have given due cmsideration to general guidance
published by the Charty coMm￿s1on relat￿g to put)lic benefrt. including Ihe guidance "public benefil: running a
charity (PB2)'
Stratogies for achieving obJ•etlves
The trust's strategK priorrties. as agreed by the board of trustees are..
Improbing Our Facilities- We will se¢ure investment into our community facilities to ensure they become
'go to. destinations that meet the expectations of today.
Growing Strong Community Businesses - We wll grow our community Iwsines5es to become leaders
in the field of evenls, calering and conference hire with well organized brands. Our community
businesses will diversify their income streams to ensure they become robust businesS8S.
Responding lo Communily Need - We will develop and deliver a range ol community developm8nl
projects lo meetrnmmunity need. The strands wll focus on Older People, Employability. Adult Learning.
Health & Wellbeing and Children & Familie5.
Extending Our Re%h and Asset Base- We will exparKI our asset base and establish a hub and spoke
model for both community facilities and Linskill Nursery. Ihereby extending our reach across the
borough in asswialion with North Tyneside Council.
Developing a strong and Sustainable Organisabon - We will be an enlerprising, sustainable and well
connected organization that is seen as one of the lead organisations in North Tyneside.

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENTS AND PERFORMANCE
COMMUNITY PROGRAMME
The Trust's Community Programme has three key strands lo it - the onsrte nursery, a children and young people's
(and families) programme. and a programme for adults.
Llnskill Nursery is an 80 place Ofsled registered childcare provider. providing care and education for children aged
six weeks to five years. An eXpe￿need and mots'vated nursery team Tnanage five bespoke rooms, each specifically
resourced to ffteet the developmenlal needs of Ihe different age groups. Key features of the nursery Cu￿1c￿luM
include learning ihrough movement and in particular learning in the outdoors, developing environmenlally
susiainable practices, nature inspired learning and connecting with the local community The nursery is very popular
wilh IoGal families and is a leading provider in the area. Ihe annual survey reporting the majority of the nursery
customers chose our nursery for its ethos and currthlum. The nursery is in great demand with a substantial waiting
list, which demonstrates its good reputats'on.
Nurse
hts
The growing programme continues to be a highlight of Ihe educational programme and has seen the Nursery grow
produce such as pumpkins. onions. potatoes and raspberries. The children have planted, cullivated, harvested and
then Gooked wilh their home-grown produce in the on-site community kilchen which supports environmentally
sustainable goals.
A new Pre-school Room was set up in the nursery in response lo the demand for a larger number of children staying
on with the nursery ralher than joining local schools for their final year before going into recepbon.
A successful intergeneralional prq'ect began during the year which Inks the nursery with Linskill Park, the adjacent
assisted living complex. This enables children lo meet and interact viilh the residents there. The children visit weekly
and share arts. crafts. slories and songs. The benefits for bolh the dder people and the children are well evidenced
and a good litne is had by all.
Children, young people and families, programmo
Throughoul the year we continued to offer 8 weekly programm8 of fun activities for families wilh children under four
years, designed to meet the developmental needs of children from the young8sI infants through to pre-school age.
The acb"vitses also Greate opportunities for peer support and frierK15hips, contrTbuting to posits've parental mental
health. Activities include a rolling programme of infant massage to support heallhy attachments, a weekly baby &
toddler 9roup and a sensory play session (in a bespoke and unique on-sile sensory room).
We also Gonlinued to offer valuable regular youth provision:
The Hot Chocolate Club al Battle Hill Multi Use Centre is lor young peO￿e aged 11-16 years old and is a once-
week evening session providing diversionary aclivities lo reduce levels of crime arKI anti-social behaviour in the
area. Approximately 18 young people per week attend these sessions. )Mth 9aming, sports and cookery popular
choices of activily. Session5 on knife cnme and county lines have taken place with the support of the local police to
educate young people and support community cohesion.
A Saturday Club for children and young people aged 8-15 years have special edvcation31 need5 andlor
disabilities also continued, With around 12 regular attendees. the dub offers a variety of activiti&s including arts,
crafts. cooking and spoty games, althwgh k8raoke remains a fiTm favourite vith the young peoplel Members of the
Club had the opportunity to WOTk with another local organisation Smile Through Sport and benefitted from sports
coaches ¢oming out to deliver some sports Ihemed sessions which y￿re very well received.

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Adult Programme
Activities
It was a very busy year for this programme which engaged around 6tIOO adults. The Adull programme aims to
improve mental health and wellbeing by lollowing the 'Five ways to wellbeing. rrK*Jel, provKling opportunities for
people to..
KEEP LEARNING new skills and gain knowledge
. KEEP ACTIVE
CONNECT wrth others to form friendships and estsbksh social ne￿OrkS
. TAKE NOTICE and be present irb the moment
. GIVE lo others and practice acts of kindness
Alongside a CO￿ programme of weekly and M￿thlY activities (volunteer led SOCkgVcraftlreadinglcreative writing
groups, Film Club, Tai Chi. Pilates & Cycling Club), amongst other things. Part￿1pants have:
been bird watching at Howdon Wetlands
been b8t watching al Northumbertand PaTk
leamed all about fungi at Northumbedandia with The Wildlife Trust.
visited Edinburgh. York. Whitby. Holy Island and Ripon for social days out.
delved into the history of Newcasue. Wallsend. Cullercoats arld Tynemouth Stations.
discovered the secrets of Sundertand Minister, Sevenleen Nineteen Holy Trinity Church and ihe Inns of
Bi5hopWeannouth during guhled heritage tours.
danced at the summer ceilidh and sipped hol chocolate at the Christmas Fay￿.
experienced art in the open at the Yorkshire Sculpture Park and Amble Art Trail
There were significant positive Outcomes from these activits'es which ￿ summed up in the comments below and
the word cloud which follows.
99% of partielpants greatly enjoyed these sesslon5:
'Enjoyed gelling out and about in a lovely environment, and chattirvJ to others. -1 k)oked forward to each session
and was not disappointed-
'It was nice to come out and relax but have your mind stimulated"
95% reported a positlve effoct on their mood:
"I really struggle with new people 8nd new sI￿at￿S. and thi5 has realty hel￿￿ my personal mental health"
-makes me feel uplifted and motivated-
"To be with like-minded pecfjle is a little pocket of joy"
63Y• roported feeling more confident:
"I feel more confident in my cycling ability.. fd do it again and may even book a cycling holiday r￿w,
"I have been suffering from clinical depression for a year. The sessions were the start of me doing things again-
"Learning something new gives a confidence boost"
86% sald th•lr skllls and knowledge have Incr•as8d:
"Certainly, increased my knowledge of the area, and I learned and saw things I would have missed rf I'd just gone
on my own.
"Leamt about history Of Rippm and its historical t￿ildIngS Connecting With others has a positNe effect on mental
health."

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
88% said that comlng to an activity makes them f901 part of their local communlty..
'So many of the people at the session I￿e got to know frc*n other classes at Linskiir
'The last 12 months have been bnlliant to help feel part of my neN communty '
"You meel so many peryle wrth the same interests and leaming together helps build new friendships"
81% sald that their sense of health aNI wellbeing has improved:
"A￿ayS better lo be out and about than staying at home risking four walls syndrome.
'Gettin9 me out and about and doing something new is greal for my mental health and weU-beirKJ"
The Shedders
The Shed continued to be a much-valued proiect. Funded through the Integrated Care Board <ICB) li provide5
members of the local community, wth access to a converted space which offers woodworfi. with the aims of
upskilling. reducing Social isolation, and improving health and wellbein9 A Woodwork Supervisor is employed by
the Trust to oversee Ihe operation of the Shed, while there are also several volunteers who shafe their skills and
knowledge to support the delivery of the shed's objective5. The Shed is considered a flagship for Ihe ICB and is
held in high Tegard by referring agencies and organisat¥)ns, such thal Shed places are in high demand.
The Shed continues to be a safe place where friendships are made, skills and experience are shared arKI leamt. It
provide5 routine to the participants and is a place vthere health and wellbeing is openly talked about to improve their
quality of life. The Shed ha5 8 registered volunteers who support its activities. and around 20 Shedders in iot81
8ttend Ihe Shed across the week. The Shed runs all year rwnd and we are hopirwJ to expand this lo meet rising
demand.
The Shed also offers popular volunteer led community v￿rks1￿)PS for local Feople vtho can come alon9 and try their
hand at Iheir own woodwork proiect.
Pro
ramm8
Linskill Riders continued this year thank5 to Big Bike Revival Cycling grant funding.
CyGllng aclivilies included. cycling foT beginners. improvers and returners lo cycling. challenge bike ride5', Dr Bike
sessions (volunteer bike mechanics sessions including setting up your bike safely and bike maintenance sessions"
8nd skills sesstons such as leaming about gears. puncture repair and route planning This programme aims to: Gel
people active as part of a healthy lifestyle., help people connect with others and reduce isolation", increase confidence
and skills,. encourage sustainable ways to travel. 81 participants look part in the Linskill Riders programme and
total of 38 sessions were delivered.
A5 part of the Cycling programme, several volunteers have been trained to lead soaal rides. These rides are
org8nised via a What&qpp group. They encourage independence and provide moTe social connections and
opportunities to be active. 46 people participated in the volunteer led rides. with 63 rides taking place in all,
The Linskill Cycling Programme is a great demonstration of how Linskill Trust 5UPPOrts the local community to lead
physically active. heaSthy lifestyles.
The quotes and chart which follow demonstrate the imm the cyding programme has had on those taking part..
'1 can'l begin to tell you how much l enjoyed this lrip. I c(xHdn't have ov8n c(Av#emplated d￿ng il wilhoul all the help
you've all givon me over the last year8nd a ham. ' KeK)ies Ride parbcipant.
'Tl)8nks to everyone for a really good year. I have achieved MO￿ on my bike this y9ar than ever belore because of
this group.
'Look lonvard to going o(it and socializing in a local group and118ving Ihal sense of communily r81her than g￿ng
oul on my own. 11 also gives me exercise and improves my fitness at the same tuno..

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
BUILDINGS AND BOOKINGS
Buildin
rovement
Following refurbishment works al the Royal Quays Communty Cenlre wthich were completed in 2022 {including new
UPVC ￿ndOWS, relurbishment of toilets. refurbishment of kitchen and a new kitchenette, creation Df a new meeting
room, and replacement of doors and floor in the main hall). additional works continued into 2023. These included
the installation of 8 suspended ceiling in the main hall to reduce energy cosis and noise reverberation, along with
some painting and decorating.
Several building projects al Linskill Centre were also completed Ihis year. These included.. Repair and resurfacing
of 8 section of Ihe car park.. resurfacing and vamishing of the Trevelyan Hall floor: the installation of four new energy
efficient boilers and installation Df five EV car chaTge points.
Following a few busy months ol capital and refurbishment projects al Linskill Centre and Royal Quays Community
Centre. we turned our attention to a scheme of works al Batue Hill Mulli-use Centre during trie summer. all ofwhich
was completed in-house by our Mainlenance Team. This included painting and decorating the Hall. toilets. hallways,
and meeting room, Ihe removal of excess furnrture and clutter and some improvements lo the fapde of the building.
Environm
and renewables
The Trust is committed to contributing to the athievement of the local Councils target to make North Tyneside
carbon net-zero by 2030. and to encouragin9 and supporting our community to reduce its environmentsl impacl.
We work wilh our Gommunity to make facilities and businesses more suslainable. reducing waste and increasino
engagement.
Over recenl years the Trust has taken signifKant steps lo move Linskill Centre away from grid energy use towards
renewables to reduce our Garbori footprinL energy usage and energy bills and to ensure we deliver on our
environmental strategy.
In this respect, Phase One of our renewable energies project was completed in F8bruary 2024 which included the
installation of an energy efficient air Source heat pump and additional solar PV panels at Linskill Centre along with
thennal PV panels and solar PV panels at Royal Quays c￿Munity Centre_
During 2024125 we exrect to secure funding to 811ow us to deliver the second and final phase of installing renewables
at Linskill Centre. This wll include additional air 50UTce heat pumps and solar PV panels. As a resull. Ihe Trusi
anticipates considerable savings will be made which will be even rn0￿ important rf. as expecied, energy and oth8r
costs conlinue to rise over the next ￿ lo three years.
This year the Trusl also invested in additiwal LED lightin9 With the instsllalion of 153 lights at Linskill Centre Nursery
and Battle Hill Multi Use Centre by our in-house maintenance team. Finally. thanks tofunding from Loganairfs Green
Skies Community Fund, we were able to install five electric vehicle charge poinls Linskill Centre car park for slaff.
lenants. building users, and community use.
Environmental Awareness
The 'No Time For Waste, Environment Day organised by Jackie Sewell of Buy The Kilo took place on 25 February
2024 at the Linskill Centre. The aim of this evenl was to raise enwronmenlal awareness and encourage people to
make changes in Iheir choices and lifestyle to reduce their cart)on footprint. Over 1000 people attended the event,
which was widely praised and publicized. including hawng TV coverage on local ITV News. This event is in keeping
with the Trust:s mission to be recognised as one ol the most environmentally sustainable community-led Trusts in
the North East. It is likely this will become an annual event and Mlh next years. Nthich will be even bigger, being
booked to take place on 16 March 2025.
Bookin

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
As we continLJed lo work hard lo improve our buildings. we were pleased to see that this year has been one ol
remarf(able growth and success for Casual Room Hire. with over 6.000 room bookings made. These bookings came
Irom a diverse range of new and returning customers and underscore. in particular. Linskill Centres repuialion as
preferred provider for events. training seminars, Workshops and meetings.
The Events department enjoyed a particularty SLfccessful year being pritrileged lo assist eight couples in planning
and celebrating their weddings. The feedback from all our weddings and evenls was incredibly positive. with
customers praising our fantastic stsffing team. unique buikjing, beautilul outdoor Sp￿e, and exceptional catering_
Our commitment to providing exceptional customer seNi¢e and a welcoming environment has driven our conlinued
popularity and success in making Linskill Centre a go lo venue for weddings. Pa￿eS arKI celebration5.
Cafè 32 remains a key part ofLinskill Centre. serling as a bustling and thrNing community hub. The Café department
provides meals for our onsile Nursery. caters for casual room hire buffels and prepares all the delicious food for
weddings and events. Day lo day the café allracls a ￿￿e variety of customers who appreciate its fresh food offerings
and weekly specials_ Whether dining in or opting for takeaway, our customers continue to enjoy the vibrant
atmosphere and excellent servw prOV￿ed by Café 32.
Websi
un
h and Marketin
After a comprehensive marketing review in 2022. The Trust launched 8 brand-new websile in October 2023. with
the key purpose of promoting the bfeadlh and variety of services and spaces on offer. The website attracts
thousands of visitors per week with many visiting Ihe much improved What's On and News pages. as well as the
pages devoted to our beauttful Wedding and Party Venue.
Consultations and Surve
In February a consultation lo gain feedback from our e-newsletter subscribers. stakeholders and seTvice users was
undertaken to help us decide how Linskill Trusl shafes news wilh our community. The firsl 51age of the consullalion
W8S the 'Have Your Say, survey asking for feedback on how our community finds out about our news and the
services we offer at the Linskill Centre, and Iheir p￿ferenCeS as to Ihe best way we can share our latesl updates
and the wide range of activities and events available.
193 completed the survey. In addtiion to gathering feedback on our corrniunications, the Trust asked 'How likely
are you on a scale of 0-10 to recommend the Linskill Centre to your famity and friends?. This question is important
in understanding loyally and satisfaction wlh the seNices we provide. The final NPS (net PTomoter score> was 86.
whiGh 15 considered an ex￿lIent result. The feedback was exlremely wsitive.
Comments included:
'It's such a fantastic communty resouTce that the more people that can access the facilit￿S the more sustainable it
will be in the long tem. Love the huge range of facilitie5 afKI activities on offer."
"I think you all do such amazing job at The Linskill Centre. EV￿One so wekommg and friendly, facilities are
amazing, 8nd vast selection of different activilies going on. Kept in wod condition, and a￿ayS clean and looks
inviting. l attended this schcrt)l from 195311958. So many changes for the better. V￿11 done II"
The final stage of the consultation was a Focus Group on g to delve further into the ￿sUlts of the Survey. This
was extremely valuable in helping improve our e-newslelters and other digital communications.
Due lo the success of the consultation, the TTUSt plans to continue lo rLm focus groups with our stakeholders on
regular basis as we look to involve the community in our future plans.
As a ￿sU11 of the consultation the Trust WIN continue to offer both Grapevine (now branded Grapevine 'lPlhat's on'>
as well as Linskill News which was launched in December 2023 and which has 3700 Subscribers.

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Inv88tmont policy
The charty funds are controlled by the directors, who act as trustees, who invest with a view io safely and ethically
optimising annual investment income N*thile maintaining capital gr￿h in line market trends. The truslees can
invest any sums or investments received by them in investments in which they are by law aulhorized lo invest money
(including trading subsidiaries). with power from time to time to change for others of a lthe nature.
Going concern
The Gharity's forecasts end projections for the next twelve months show that the charity should be able lo continue
In operation81 existence for that pericMI, lakirYJ into account reasonable possible changes in Irading performance
and the potenlial impact ol the cost ol living and energy increases. .This also consmjers the èffectiveness of available
measures lo assist in mitigating the impact of the energy increases by installing further renewables and
environmental improvements to reduce the Trust's energy use and carbon fcotprint. The charity has a positwe cash
balance and is forecasting for thi5 to continue to be Ihe case. The truslees have stress tested their forecasts. taking
into account various scenarios, and remain conf￿ent that the uncertainties do nol cast significant doubt on the
company's ability lo continue as a going concern.
R6s•rves policy
The calculation of free reserves is based on the definition included in the charily statement of recommended practice
(SORP). which provides recDmrnendations for accounting and reporting for charities. The trustees have examined
the requirements of this charty to hold free reser4es. To support our purpose 'We create opportunities to learn.
engage and belong., the reserves polkcy aims to prowde resilience from the risk of disruption to communty activities
due lo a lack of funding. whilst ensuring the remaining funds are used effectively and efficiently. The trustees
considered ttwould be appropriate lo hold sUff￿1ent funds for core running costs of £290,000. The value is reviewed
at th8 Finance. Risk and Audit Subjroup.
To ensure Ihat there is no s￿nIfICant disruption to our charitsble activi￿s. holding appropnate reserves will enable
the organisalion to respond to any unforeseen reduclion in irKome or additional unexpected expenditure.
At the end of the financial year 2023r24 unrestricted reserves are £638.729 of which £491.322 afe tied up in
unrestflcted fixed assets. meaning the free feserves stand at £147,407 .The charity has continued lo generate
surplus after the end of the financial year and therefo￿ the trustees expect to continue to Work towards their targel
of unrestricted free reserves of £290,OINJ throughout the 2024125 financial year.
Fundralslng dis¢105ure5
The charity is required lo rewrt how it deals with fundraising from the public The charity does nol use a professional
fundraiser or commercial participator to raise funds. Any monies raised direcl from the public follows all guidelines
set out by the Charity Commission arKI UK18w in every respect. We respecl the privacy and contact preferences of
all public donors.
The charity is grateful to National Lottery Community Fund. Community Foundab'on Tyne and Wear, North E8st &
North Cumbria Integrated Care Board, Ballinger charitable Irusl and Cydin9 UK for supporting our Community
Programme. We are also grateful for the granl suppcrt received from Hadrian Trust. Barbour Foundation and LGA
Foundation.

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Conslltutlon
The Linskill and North Tyneside Community Development Tntst 15 registered as a charitable company limited by
guaranlee and was set up by a Trust deed.
Methods of appointment or electlon of trust90$
The charily is governed by its board of Iruslees - are the app(Hnted d￿eCtorS of Ihe company. The number ol
trustees at present is 10. which is Ihe maximum requirement (the reqUi￿rnent being that the number is nol less Ihan
3}.
Any trustee vacancies which arise are filled by search with due regard to maintaining a proper ba18nce of skills and
experience within the board. A skills and experience audit is carried out every 2 yeafs (due summer 2024) and
vacancies are advertised lo lill gaps in kno￿edge and exper￿n￿ The board are also recruited primarily from the
area the Trust serves.
Applicalions to become a trustee are welcome from any individual who can identify with and contribute to the
objectives of LNTCDT. Applicants are given full details of the organisalion and an outline of their role and
responsibililies as a Iruslee. They are then interviewed and uNJergo a Disclosure Barring Senfice check. One third
of trustees are ob17ged to resign their posts each year. generally based on the longest serving members. The board
of trLSStee5 has the aulhorily to co-opt Iru5tees belween AGMS but the CO<Pied truste8 must be elected at the next
AGM. All appointments are subject to the approval by members al a general meeting. with the notice of such meeting
members are provided with a profile of prospective new trustees.
All trustees operate in a voluntary capacity. receive no benefit5 from the charity and adhe￿ to the conflict of interest
policy.
Organisational stru¢tur• and de¢ision4nakFng policies
The board of Injstees has four sub-committees:
i) The Finance. Audit and Risk Committee, including Iwo member5 of the board. meets four limes a year and is
responsible for ensuring that financial performance is reported. adequ8ie financial internal conlro15 exist, 8ssets are
properfy used, compliance with relevanl legislation 15 maintained and a regular review of the risk register. The
directors of Linskill Trading Limited also meet at a meeting 8dj8cenl lo the Finance. Audit and Risk Committee to
ensure the Trading Arms financial performance and cashflow lo monttoring independently of that of Ihe Charity.
li} The Nursery Committee meets bi-monthly to discuss perfofmance. reviewing ¢omplBnce with legislation and
agree changes lo Ihe nursery and lamily support acts"vilies
iii) The Community Programme Committee meets bi-monthly to discuss arKI agree charKJes to community delivery
and funding ol this service
iv) The Marketing Committee meets bi-monthly to review marketing action and investrnenl into marketing.
Day to day management is vesled in a professional team led by the charity's Chief Executive_ The Chief Executive
meet5 regularly with the Chair (in addition to the fomial meetings} and appraises her of any significant issues as
they may arise be￿een meetings. The senior managernenl team attend the board meetings and Ihere is proper
provision for the board to dEcuss any matter without rnanagemenl altendance when they so wish. The trustee
members of the Finance Committee. as a nomi, do discuss malters in prrvate with the external auditors with no
management present at the end of every audil committee meeting.
The officers are those listed as Key ManagemeTrt Personnel in Note 9.
In addition to their attendance at the formal trustee board meetings, the ￿lor management meet together with
other management on a monthly basis, to address all relevant operational issues.
10

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Chiel Executive altends conferences and seminars through Locality (national membership network for
community organisalions). He also supporls many charities in Ihe North East with advice and guidance on managing
charities, community asset Iransfers and developing enterpri￿ng activities to support sustainability. Within North
Tyneside the Chief Executive atlends the Leaders Together for North Tyneside leadership programme which has
been established lo work closely with other Charity Chief Executives to form a shared ambition and commitment to
make a collective positive impact in North Tyneside_
Pollcies adopted for the induclion and training of trustees
New trustees are provided with a thorough induction process and a d)ecklisl ensures they receive all relevant papers
and gutdance to properly futh-l their responsibilities. Briefin9 papers and familiarisats'on training is effected for all
trustees. as deemed necessary
Pay pollcy for key managomont per8onno1
The Trust has identified Key Management Personnel in Note 9 of these financial statements. The Finance and Flisk
Committee review salary ￿velS once a year during budget setting.
PLANS FOR THE FUTURE
The Board recognise that Ihe cul￿nI ￿pUlatIOn and performance we are rightly proud of, does not guarantee our
continued 5ucGess. The extemal environment is constantly Changing and we ne8d to anticipate and respond to
those changes to ensure we can continually improve to meet our over-riding objeclives of supporling the community
of North Tyneside. Our five year Corporate Strategy is reviewed on an annual basis by both Board of Truslees and
the Senior Managemenl Team to agree what we need to deliver to continue our successful developmenl. meet
future challenges and manage the risks ihey bring. The Trust has Ihe lollowsry plans for the next financial year,.
- secu￿ funding for phase of installalion of energy efficient measures and renewables to both reduce our cart)on
foolprint and reduce the impact of the signif￿an1 increases in energy c05t5.
Establish an Operations Sub Group lo meel on a quarterly basis lo review and monitor Linskill Trust's building
operations, health and safety risk managemenl and internal control systems.
Create a fundraising campaign to launch the Trust's first crowdfunder towards the erwironmental improvements
through renewables insiallalion,
Develop a marketing Gampaign lo I￿¢￿ase weddings and funclions bookings and invest in the front of house
wedding le8m to support Ihis gr0￿h.
Complete a skills and experience aLMJit of Trustees in Summer 2024 and advertise for vacancies. for recruitment
to be completed by late 2024.
- Support the fundraising and delivery of North Shields 800, Celebrating t￿ lthvn's 800th anniversary in 2025 Ihrough
calendar of events, art exhibitions and perfonnances.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees (who are also Directors of Age UK North Tyneside for the purposes of company law) are responsible
for preparing the Board of Trustees Rewrt and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Acrnunting Practice).
Company law requires the Trustees lo prepare financial statements for each financial year, which give a true and
fair View of the slate of affairs of Ihe charitable company and the tncoming resources and application of resources,
including the income and expenditure. of the charitsble company for Ihe year. In preparing these financial
slatemenls, the Truslees 8re required lo..
rf Select suitable accounting policies and then apply them consistently.
O Observe the methods and principles in the Charities SORP 2019 (FRS 102).
O Make judgement5 and estimates that ar8 reasonable and prudent.
Slate whether applicable UK 8ccounling stsndards have been followed, subj.ect to any material departures
disclosed and explained in the financial statements.
rf Prepare the financial statements on a going concern basi5 unless it is inappropriate to presume thal the
charitable company will Gontinue in operation,
11

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees are responsible for k￿pIng adequate accounting records Ihat disdose wth reasonable accuracy al
any time the financial position of Ihe charitable company and enable Ihem to ensure thal th8 financial statemenls
comply with the Companies Act 2006, They are also responsible for safeguarth.ng the assets of the charitable
company and hence for taking reasonable steps for the prevention and detecbon of fraud and other irregularities.
In so far as the Twstees are aware:
/ There is no relevant audrt information of ￿th￿h the charitable company's auditor is unaware" and
O The Trustees have taken all steps thal they ought to have taken to make themselves aware of any relevant audil
information and to eslablish Ihal the au(Jitor is aware of thal information.
AUDITOR
Robson Laidler Accwnlant5 Limited were elected as auditor for the ensuing year at the Annual General Meeting in
accordance with seclion 487 of the Companies Act 2006.
Approved by the Board on .......
and signed on their behaw by..
J Prondergast
Chairman
12

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE LINSKILL AND NORTH TYNESIDE
COMMUNITY DEVELOPMENT TRUST
Opinlon
We have audiled Ihe financial statements ol The Linskill and North Tynesidè Community Development Trust (the
'charrtable parent company.) and its sUbsid￿ry {the 'group'} for Ihe year ended 31 Mafch 2024 which comprise Ihe
Stslement of Financial Activitses, Group and Charilable Company Balance Sheet. the Cash Flow Statemenl and notes
to the financial slatemenls. induding a Summary of significant accounting policies. The financial reporting framewor
that has been applied in their preparation is applicable law and Uniled Kingdom Accounting Slandards. including
Financial Reporting Standard 102 The Financial Rep(Yting Slandard applicable in the UK and Republic of Ireland
{Uniled Kingdom Generalty Accepted Accounting Practbce).
In our opinion the financial statements:
give a true and fair view ofthe state of the group'5 and parenl charilable company's affaits as at 31 March 2024.
and of the group's incoming resources ar￿ application of resources. induding its income and expenditure, for
the year then ended:
have been properly prepared in a<x0rdan￿ with United Kingdom Generally Accepted Accounting Practice., and
have been prepared in accordance wth the requirements of the Companies Act 2006.
Basls for opinlon
We conducted our audit in ac¢ordar£e wilh International Standards on Avditing (UK) (ISAS {UK)l and applic8ble law.
Our responsibilities under those standards are fijrther described in Ihe Audrtorfs responsibilrties for the audit of the
financial statements section of our report. We are independent of Ihe char7ty in accordan￿ with the ethical requirements
that are relevant lo our audrt of the financial statements in the UK. including the FRC'S Ethical Standard. and we have
fulfilled our other elhical responsibilities in accordance with these requirements. We believe thal the audit evidence we
have obtained 15 sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to golng concern
In auditing the financial statements. we have concluded that the trustees, use of lh8 going concern basis of accounting
in the preparation of IhB final￿la1 statements is approprsate.
Based on the work we have performed. we have not Klentified any material uncertainties relating to events or conditions
that. Individual￿ or collectively. may casl signrficant doubt on the group's and the parent charitable company's ability to
continue 8s a going concern for a perKid of at leasl hyelve months from when the financial statements are authorised
for tssue.
Our responsibilities and the responsibilities of the twstees wilh respect to g(yng concern are described in the relevant
seclions of this report.
Olher informatlon
The other information comprises the infomiation included in the annual report other than the financial statements and
our auditorfs report thereon. The trustees are responsible for the olher infomiation Gonlained within the annual report.
Our opinion on the firkqn¢ial statements does not cover the olher infomiation and we do not expres5 any form of
assurance conclusion thereon. Our responsibility is to read Ihe other information and, in doing so, consider whether ihe
other information is materially inconsistent with the financial statements or our knol￿edge obtained in the course of the
audit, or olheAvise appear5 to be mater1811y missialed. If we identify such malefial incon515lencies or apparent material
misstatements, we are required lo dete￿nIne ¥•thether this gives rise to a material misslatemenl in the financial
ststements themselves. If, based on the Work we have perfonned, we conclude that there is a material misstatement of
this other information. we are required to report that facl.
We have nothing to report in this regard.
13

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE LINSKILL AND NORTH TYNESIDE
COMMUNITY DEVELOPMENT TRUST
Opinions on other matters prescribed by the Companie5 Act 2006
In our opinion. based on the Wofk undertaken in the course of the audit..
the information given in the trustees report {incoiporating the directors. report} for the financial year for which
the financial statements are prepared ￿ Gonsistent with the financial statements- and
the directors. report has been prepared in accordance wrth applicable legal fequirements.
Matters on whlch we are requlrod to report by exception
In the light of our knowledge and understanding of the group and parent charitable company and its environment
oblained in the course of the audrt, we have not identified malerial misstatements in the direclors report.
We have nolhing to ￿pOrt in ￿ spect of the follov4ing matters in relation to which the Companies Act 2006 requires us lo
report lo you if, in our opinion:
adequate accounling records have not been kept by the parent charitable company. or retums adequate for our
audit have not been received from branches not wsited by us: or
the financial slatemenls are not in agreement wrlh the accoLJnting records and retums; or
certain disc105ures of directors. femuneralion specrfied by law are not made.. or
we have not received all the infonnation and explanations we reqtJire for our audit: or
the trustees were not entitled to prep*e Ihe finaricial statements m accoidance with the small companies,
regime and lake advantage of the small coryan*s' exemptK)ns in prepanng the dirKlors' report and from the
requ1￿ment to prepare a straiegic reFort.
Responslbllltles of trustees
As explained more fully in the trustees, responsibilities statement, the trustees (who are also the directors of the
chaniable company for th8 purposes of company law) are responsible for the preparation of Ihe financial statemenls
and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements Ihal are free from material misslatemenl. whether due lo
fraud or error. In preparing the financial statements, the trustees are responsible for assessing the group's and parent
charilable company's ability lo continue as a going concern. disclosing. as applicable. matters related lo going concem
and using the going concern basis of accounting unless the twstees eilher intend to liquidate the charitable company or
to cease operatiDn5. or have no realistsc alternative but to do so.
Audltors, responslbilitl88 for the audit ol financial stat•ments
Our objects'ves are to obtain reasonable assurance about whelher Ihe financial ststemenls as a whole are free from
material misststemenl, whelher due to fraud or error. and to issue an auditor's reporl Ihat includes our opinion.
Reasonable assurance is a high level of 355urance bul is nol a guarantee that an audit conducted in accordance with
ISA5 <UK) will always detect a material misstalement when it exists Misslaiements can arise from fraud or error and are
considered material if. individually or in Ihe aggregate. they could reasonabty be expecled to influence the economic
decistons of users laken on the ba515 of these fin8Tr2al statements.
The extent to which our procedures are capable of deie¢ting irregularities, including fraud, is detailed below.
The risk of material misstatemenl due lo error or fraud has been assessed in conjunction with how internal controls may
mitigate any such risk. These conlrols are reviewed as part of the audit be performing systems walklhroughs to ensure
Ihey are operating effeclively. Other substantive testing is also performed on all material balances and therefore any
instances of non-compliance should be idents'l￿d or considered as insignificanl.
14

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE LINSKILL AND NORTH TYNESIDE
COPAMUNITY DEVELOPMENT TRUST
In identifying and assessing risks of material misstalement in respect of irregularities, including fraud, the audit
engagement team.,
obtained an understanding of the nature ofthe industry and sector. including the legal and regulatory framework.
in which the charilable company OFerates and how the company complies with that legal and regulalory
framework.
inquired with management and Ihose charged with govemance about ther own identification and assessment
of the risks of irregularities. including any know actual. suspected or alleged instances of fraud.
discussed with management and those charged wtlh govemance any non-compliance wth laws and regulations
and howfraud might occur including assessments of how and where the financial slatemenls may be 5uscepiible
to fraud.
The risk of management override of controls was also consKlered an area of poiential misslalemenl due to fraud. Audil
procedures perfom)ed included testing of manual joumal entries and other adJLJStments and evaluating the business
rationale in relation to significant, unusual transactions and transaction5 entered into outside the r￿rMal course of
business.
A further description of our responsibilibes for the audit of the financial ststemenis is located on the Financial Reporling
Council's website al". www.frc.org.uklauditOfsresponsibilttTes. This descripiion forffls part of our auditor's report.
Use of thls report
This report is made solely to the charrtable conyany's members. as a body. in acc(xdance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might stale to the charitable company's
members those matters we are required to stale to them in an auditor's report and for no other purpose. To the fullest
exlenl permitted by law, we do not accepl or assume responsibility to anyone other Ih8n the charilable company and
the charitable compary's members as a body. for our audit WOTk, for this reFort. or for the opinions have fomied.
(-
Nicholas Cunnlngham FCCA {Senlor Ststutory Auditor)
For and on Behalf of Robson Laidler Accountants Limited
Statutory Auditors
Fernwood House
Fernwood Road
Jesmond
Newcastle Upon Tyne
Date: Lr-q -
15

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Currenl flnancial year
Unrostricted
funds
Reslrlctgd
funds
Total
2024
Total
2023
Notas
Incom• and endowments from:
Donations and legacies
Charitable activities
Other tradiNJ activities
Investments
8,135
1.224.257
485.657
89,046
97.181
1.224,257
485.657
701
243.138
1,156.365
398,566
701
Total Income
1,718.750
89.046
1.807.796
1.798.069
endituro on:
Raising funds
Charitable activities
365.186
365.186
298,676
1.513.918
1.293.608
240.038
1,533,646
1,898,832
Total expendtturg
1.658,794
240.038
1,812.594
Net gains l (108808> on investmontg
24.131
24,131
<4,750)
Net movemonl in funds
84,087
(150.992)
166.905)
(19.275)
R•concillation of funds
FurKI balances al 1 April 2023
20
554,642
681,546
1,236,188
1,255,463
Fund balancès at 31 MarGh 2024
638.729
530.554
1,169,283
1,236,188
The staternenl of financial activities indudes all gains and losses recognised in the year,
All incorna and expenditure derive from continuing actiwties.
Th8 Statement of financial actimlies also complies wilh the requirements for an income and expenditure account under
the Companies Acl 2008.
16

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Prior financial year
Unr•gtricled Restrlcted
funds
funds
Total
2023
Notes
Incomg and endowments from:
Donations and legaGie5
Charriable activities
Other trading activities
Total I￿orne
10.064
1,156.365
3g8.566
233.074
243,138
1.156,365
398,566
1,564,995
233.074
1,798,069
andlture on.
Raising fund5
Charitable activities
Total exponditure
298.676
1.260.240
298,676
1,513,918
1.812,594
253,678
1.558,916
253.678
Net gains l (loss•s) on Investments
{4,750)
14.7501
Ngt movement In funds
1.329
(20.6041
119.2751
Reconciliation of funds
Fund balances at 1 Apnl 2022
553,313
702.150
1,255,463
Fund balances at 31 March 2023
20
554,642
681.546
1,236,188
17

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
CONSOLIDATED BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024
2024
2024
2023
2023
Notes
Flxed assets
Tangible fixed assets
Inveslments
12
975,259
1,001,128
144,222
1.145,350
13
168.353
1,143,612
Currenl assets
Stock
14
8,296
68.164
7,326
104,629
Debtors
15
Cash at bank and in hand
266.292
355,589
341752
467,544
Cr8dltors: amounts falling due within 1
year
Net current assot8
16
1218.977)
{227.124)
123,775
240.420
Total assots less current Ilabilities
1.267.387
1.3B5.770
Crodllors: amounts falling due in moro
than one yoar
17
(89,292)
<139.342)
Provislons for Ilabililies
19
(8,812)
(10,240)
Net a58018
1,169,283
1,236,188
Reserves
Unreslricted funds
20
638.729
554,642
681,546
1,236,188
Restricted funds
20
530,554
1,169,283
Total res•rv•8
These financial statemenls Y￿re approved by the Board of Trusiees on ...
and ar8 signed on their behalf by:
J Prendorga
Chairman
Company registratlon number: 10098742
The notes on pages 21 to 35 foTm part of these financial statements
18

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
COMPANY BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024
2024
2024
2023
2023
Notes
Fixed assets
Tangible lixed asset5
Investments
12
928,881
168,354
1.097,235
947.232
144.223
1.091,455
Current assets
Stock
14
623
Debtors
Cash al bank and in hand
15
32,818
158.121
74.955
272.183
191,562
347.138
Creditors: amounts falling due wlthln 1
year
Nel current assels
16
(199,858)
(217.871)
(8,296)
1,088,939
129,267
Total as8018 less currènt Ilabllllies
1,220,722
Crgditors: amounts falling due In moro
than ong year
17
{89,292)
(139,342)
Net assets
999,647
1.081,380
Rasorves
Unrestricted funds
469,093
530,554
399.834
Reslricted funds
881,548
Total reserves
999,647
1,081,380
These financial statements were approved by the Board of Trustees on .... . ..
.and we signed on their behalf by".
J¢
Chair
Company registration number: 10098742
The notes on pages 21 to 35 form part of these financial statements
19

THE LINSKILL AND NORTr1 TYNESIDE COMMUNITY DEVELOPMENT TRUST
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities
Net cash provided by (used in) operating a¢bvib-es
109.436
148,872
Cash flDWS from Invostlng activitles
Purchase of tangible fixed assets
Net cash provlded by (used in) investlng actlvltles
(152.620)
{152,620)
(233,212>
1233,212
Cash flows from flnancing activities
Cash flows from new borrowing
Repayments of bo￿oWIng
107.150
{46,113)
146,113)
{117.5931
(10.4431
Chango In cash and cash equivalont$
(89,297)
(94.983}
Cash and cash •qulvalgnts at the beginning of the yoar
355,589
450.572
Cash and cash equlvalents at the gnd of tho year
266,292
355,589

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Accountlng poll¢i•s
1.1 Basls of pr￿aratIOn of financial statements
The financial statements of the charitable company, whi¢h is a public benefit entity under FRS 102, have been
prepared in accordance wilh the Charits'es SORP (FRS 102) 'Accounling and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Irelarml (FRS 102} (effective 1 January
2019).. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UKand Republic
of Ireland, and the Companies Act 2006.
The financial statemènls have teen prepared under the histOriC81 cost convention, with the exception of
investments which are included at market value.
The financial statements are prepared in steding, which is the fiJn¢lion81 currency of the charity. Monetary
amounts in these financial statements are rounded to the nearesl £.
The financial stalemenls have been prepared on a g(xng concem basis. The charrty's forecasts and projections
for the nexl twelve month5 show that the charity should be able to continue in operational exislen¢e for that
period, taking into account reasonable possible changes in trading perfomance. The charity has slrong
positive cash balances and is forecasting for Ihis to c￿Linue to be the Gase. The Trustees have stress lested
their forecasts, iaking into accounl various scenarios, arKI remain confident that the uncertainties do not cast
signif￿ant doubt on the charity's abilily lo continue as a going concern.
The Linskill and North Tyneside Community t)evelopment Trust meels the definition of a pubtic benefit entity
entry under FRS 102, Assets and liabilities are initially reeognise(J at historical cost OT transaclion value unless
otherwise ststed in Ihe relevant account￿9 policy note<s).
1.2 8asls of consolidation
The group financial statements consolidale the fr'nancial statements of the charitable Company and ils wholly
owned Subsidiary undertaking. Linskill Trading Limited, on a line-by-line basis. A separate Statement Df
Financial Activilies for ihe charity itself is not presented because the charity has taken advantage ol the
eKemplions afforded by seclion 408 of the Companies Act 2006.
A subsidiary is an entity controlled by the charity. Control is achieved where the charity has the power to govern
the financÉal and operating policie5 of an entity so as lo obtain benefits from it5 activilies.
1.3 Fund structure
The charity has reslricted funds lo account for the dorK)r requiring that the donakn'on must be spent on a
particular purpose. All other funds are UnreStr￿ted income funds. The funds held in each of Ihese Categories
ar8 disclosed in the Reserves Notes.
Unrestricted fund5 comprise those funds which the trustees are free to Lbse for any purpose to furtherance the
charitable objectives.
Designated funds a￿ amounts which have been Plrt aside at the discreiion of the trustee5 arbd are therefore
not available for other purposes.
Restricted funds represent grants, donations. legacies arld assets which are allocated by the donor lor specific
purpose5.
21

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1.4 Income
All incoming resources are included in the Slatement of Financial Activities (SOFA) when Ihe charity is entitled
to the income and the amount can be quantified with ￿sOnable accuracy.
Grants recervable are recognized when the charity has entitlement to the funds and any conditions linked to
Ihe granls have been met. Where perfomance conditions are attached lo Ihe grant and are yet lo be mel, the
income is rec￿nIZed as a liability and included on balan￿ sheet as defe￿ed income to release.
Donations and legacies are recognized when the charity is notifEd in wnting ol both the amount and setllement
date. In the evenl a donation is subject to conditions thal require a level of perfomance by the charity, the
income is deferred arKI not recognized until those conditions are met
Incoming resources from tax reclaims a￿ included in the Statement of Financial Activities at the same time as
Ihe gift to wh￿h they relate.
Where a gift in kind is given to the charity and it can be reliably measured. the gift is shown in bolh voluntsry
income and charitable activities.
Investment income is recognized on a receivable basis, ¥*hen the amount can be measured reliably. Thi5 is
nonnally upon notification from the bank
Income from Charitable activities includes income received under advance conlracl or where enlillement to
granl funding 15 subject to specific performance conditions is recognized as eamed (as the related goods or
services are provided). Grant income included in this Category provides funding to support client service
activities and is recognized where there is entidement. cerlainty of receipt and the amount can be measured
with sufficient reliability Income 15 deferred where related grants are received and the perforniance conditions
relating lo ils entitlemenl are not mel.
1.5 Expondlture
Expenditure is recognised once the￿ is a legal or constructtve obligation to transfer economlc benefit to a Ihird
party. it is probable Ihat a transfer ol economic benefit will be required in settlemenl and the amount of the
obligation can be measured reliably. Expenditure is rlassffied by activity All costs are allocated to the
applicable expenditure heading that aggregate similar costs lo that cate90ry Where cosls cannot be directly
attributed lo particular headings. they have been allocated on a basis consistenl with the ￿se of re50urces.
Raising funds are the cosls ir￿lUded of commercial trading including the trading company's aclivrties and
the letting operations, together with their associated support cosls.
Charitable expenditure comprises those costs irturred by the charity in Ihe delivery of its activities and
services for its beneficiaries. It includes both costs Ihal can be allocated diTectly to such activitie5 and
those costs of an indirect nature necessary to support them.
Support costs are Ihose functions that assist the work of Ihe charity but do nol directly und8rtak8 charitable
activities. Support costs include back•office costs. finance, personnel. payroll and governance costs which
support the charity's (and gTOUP'S) activrties. The basis on whth the support costs have been allocated
are set out in the support COSI note.
Governance cost5 include the costs attributable to the chanty's compliance with constitutional and
statutory requirements, including audit. strategic management and trustee's meetings.
All expenditUTe is inclusive of irrecoverable VAT.
22

THE LINSKILL ANO NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1.6 Fixed assets
Tangible fixed assets are initially measured al cost and subsequently rneaSu￿d at cost or valuation. net of
depreciation and any impairment k)sses.
Depreciation is recognised so as lo write ofl the cost or valuation of assets less their residual values over their
useful lives on the followin9 bases:
Long-term leasèhold property
Fixtures and filtings
Office equipment
Computer equipment
15 % reducing balance
15 % reducing balance
15 % reducing balance
-33%
straight line
The gain or loss arising on the disposal of an asset is determined as the difference between Ihe sale proceeds
and the carrying value of Ihe asset and is re￿nised in Ihe stslement of financial aclivil*s.
The group has a policy not to capitalise mdividual assets costing under £500.
1. 7 Flxed asset Inveslmenls
Investments in subsidiaries at Valued at cost less provision fof imp8imienL
1.8 Impalnnenl of fixed assets
Fixed assets are reviewed for impairmenl if events or changes in circumstanc8s indicate that the carrying
amount of such assets may not be ￿ coverable. If there is an indication of possible impairment. Ihe recoverable
amount ol any affected asset is estimated and compared against its Carrying amount. Where the eslimated
recoveraNe amount is lower. an impaim)ent loss is recogntsed imrnediately in profit and loss.
1.9 Stock
Stocks are valued at the kmer of cost arxj net realisable value after making due allovmnce for obsolete and
slow moving ilems.
1.10 Trade debtors
Trade debtors are amounts due from customers for merchandise sdd or Services performed in the ordinary
course of busines5. Trade debtors a￿ initially recognized al transaction price.
1.11 Trade creditows
Trade creditors are obligations to pay for gcods and services thal have been acquired in the ordinary course
of business. Accounts payable are classified as current liabilities if the charity does not have an unconditional
right, al the end of the reporting period. lo defer settlement of the creditor for at least Iwelve months after Ihe
r8PC>rting date. Trade creditors are initially recognized at transaction price.
1.12 Cash at bank and in hand
Cash and cash equivalenls include cash in hand, deposits held 81 call with banks, other short-term liquid
investments with Original malurilies of Ihree months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in cu￿ent liabilities.
1.13 Corporalion tax
As 8 charity, the company is exempt frThn tsx on income and gains to the 8Xtent that these are applied lo its
charitable objecis. No tax charges have arisen in Ihe charity.
23

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1.14 P•nslons and other post.retirement obllgatlons
The group operated a defined contribution pension scheme ￿thiGh is a pension plan under which fixed
contributions are paid into a pension fund and the group has no legal or c(￿7$11￿¢11ve obligation to pay further
contributions even if the fund does not hold sufficienl assets to pay all employees Ihe benefils relating to
employee service in Ihe current and prior periods. Contribution5 tD defined contribulion plans are recognized
in the Statement of Financial Activilies when they are due.
1.15 Estimallon uncertainly and judgements
The preparation of financial stalemenls requires managemenl to make judgements. estimates 3nd a55umptions
that affect the amounts reported. These estimates and jLKlgemenls are conlinually reviewed and are based on
experience and other factors, including expectations of future events that are believed to be reasonable under
the Circumstances.
Donatlons and lèga¢l88
Unrestricted
funds
Restrl¢led
funds
Total
2024
Donations
Grants
8,135
8,136
89,046
97.181
89.046
89,046
8,135
Unrostrictod
funds
Restricted
funds
Total
2023
Donations
Grants
10,064
10.064
233,074
243,138
233,074
233,074
10,064
Income from charitable activltl•s
Unr•strlet•d Total funds
funds 2024
2024
Total
2023
Room hire
Nursery income
Fundraising
Solar panels
Consultancy
MiscellaneoLL8
307.761
856,415
1.227
6.210
7.324
45,320
1.224,257
307.761
856.415
1,227
6,210
7,324
45,320
1,224,257
279.020
834,021
681
4,688
6.082
31,873
1,156.365
24

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Other Iradlng artivities
Total
2024
Total
2023
Rental provision
Catering income
Private events
Electric car charger
Other income
276.557
175,220
25,718
7,945
217
230.536
123,769
44,261
485,657
398,566
All Income from trading is unreslricted in the current and prior year
Investment income
Tolal
2024
Total
2023
Bank interest receivable
701
All income from interest Is unresln.cled in the Current and Prior year
Charltable act7Vitios
Actlvlties
undertaken
dlroctly
2024
Support
costs
2024
Total
2024
Expendilure on ¢haritable activities
1,492,929
40.717
1.533,646
Activllies
undertaken
dlroctly
2023
Support
Total
2023
2023
Expenditure on charTrtable activrties
1,472.086
41.832
1,513.918
2024
2023
Analys1$ per fund
Unrestricted
Restricted
1,293,608
240,038
1,533,646
1,260,240
253.678
1.513,918
25

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Support Gosts
Support Governance
costs
costs
Support GovernanGe
costs
osts
2024
2023
Interest
Legal and professional
Other
Auditors, remuneration
9,497
9,497
18.495
2.491
2,491
21,059
3,282
15,000
41,832
18.495
21,059
3.282
12.725
31,220
12,725
40.717
15.000
38,059
9,497
5.773
Net Incomlng l outgoing resources
Total
2024
Total
2023
Group audit fees
Other non-audil service
Deprecialion
12,725
15,000
3,000
156,846
170,594
Group
2024
Group
2023
Charity
2024
Charity
2023
Staff Gosts
Wages salaTies
Soci81 security costs
Pension CDntributions
I,￿4,501
447,273
35,894
1.164,668
903.248
54.175
33,924
991.347
825.560
64,273
35.894
925.727
741,sg9
54,175
33,924
829,698
The average number ol persons employed by the group during year vrfas as follow5
Group
2024
Charlty
2024
Management
Engaged in charitsble activities
65
64
The number of employees who received total employee benefits {excluding employer pension cos151 of more
than £60,000 is as fDIIow5:
2024
2023
No.
£60.001- £70,000

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Amounts paid lo key management personnel were £301.617 {2023'. £237.4461
The key management personnel were as follows:
Mr S Ripley, Chiel Executive
Ms S Richardson. Finance Manager
Mrs K Steen, Customer se￿￿s Manager
fvls J Irving. Community Development fvAanager
Ms L Cervantes. Children and Young Persons Managef
Ms D Dunn. Nursery Manager
Mr l Holland, Customer Service and Facifilies Supeprfisor
Ms M Adams, Operalions and Marketing Manager
10.
Trustee8' remuneration and 8xpenses
During the year. no trustees receNed ary remuneralion or other benefrts {2023: £nil).
t)uring the year ended 31 March 2024. no trustees, expenses have been incurred (2023.. £nil).
Taxation
11,
The charity is exempt from tax on income arKI gains to the extent that these are applied lo ils charilable obje¢ls.
No tsx charge5 have arisen in the charity.
12.
Tanglble flxod assets
Group
Long-term
leasehold Flxtures and
property
fittings
Offlce
oquipment
Computer
equipment
Total
Cosl
At 1 April 2023
Additions
Disposals
676.293
1,151,303
152,620
134.392)
2.766
57.472
1,887,834
152,620
{37,932
(3,$40)
Al 31 March 2024
676,293
1,269,531
2.766
53.932
2,002,522
Depreciation
Al 1 April 2023
Charge for the year
Eliminated on disposals
368.287
46.200
470,874
117,380
(26,4g7}
1.34Q
214
46,205
6,800
{3.540)
888,708
170,594
{30,037)
Al 31 March 2024
414,487
561,757
1.554
49.465
1.027.263
Net book value
At 31 March 2024
261,806
707,774
1.212
4.467
975.259
At 31 March 2023
308,006
680,429
1,426
11,267
1.001.128
27

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
12.
Tanglble flxod assets (Gontinued)
Charlty
Long-term
leasehold Fixtures and
property
fittlngs
Offico
equipment
cOmp￿&r
equipment
Total
Cost
At 1 April 2023
Additions
Disposals
676,293
1,023,274
1S2,029
(34.392)
2.766
57,472
1.759,805
152,029
(37.932)
(3,5401
At 31 March 2024
678,293
1.140.911
2.766
53,932
1.873,902
Depreciation
Al 1 April 2023
Charge for the year
Eliminated on disposals
368,287
46.200
396.741
109.271
{26,497)
1,340
214
46,205
6,800
<3.540)
812,573
162,485
130,037
At 31 March 2024
414,487
479_515
1,554
49,465
945,021
Net book value
Al 31 March 2024
261.806
661,396
1,212
4.467
928,881
At 31 March 2023
308.006
626.533
1,426
11.267
947,232
13,
Fixed asset investments
Group
Llsted
Inveslments
Cost or valuation
At 1 April 2023
Revaluations
144,222
24.131
Al 31 March 2024
168,353
Net book valuo
Al 31 March 2024
168,353
Al 31 March 2023
144,222

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
13.
Flxed asset investments Icontlnuod
Investment
Li8tgd
In subsidiary investments
Charlty
Total
Cosl or valuation
Al 1 April 2023
Revaluations
144,222
24.131
144,223
24,131
At 31 March 2024
168,353
168.354
Net book value
At 31 March 2024
168,353
168,354
Al 31 March 2023
144,222
144.223
Subsidiarlès
The following was a subsidlary urKlertaking of the tharity..
Name of undertaking
Nattsrè of buslnoss
Class of
shares
% Held
Direct
Linskill Tradiry Limited
Qjeralion of rental and catering facilities
Ordinary
100
Registered office address (UK unless otherwise indicated):
The Linskill Centre. Linskill Terrace, North Shields, NE30 2AY
The financial results of the subsidiary were as foll0v￿..
2024
2023
Income
Expenditure
545.484
(400,010)
452,045
(306,79S)
Profft l (105s) for the year
145,474
145.250
Net assels
160,638
145.808

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENTTRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
14.
Stock
Group
2024
Group
2023
Charlty
2024
Charity
2023
Raw materials and consumables
8,296
7.326
623
15.
Debtors
Group
2024
Group
2023
Charlty
2024
Charity
2023
Trade debtors
Prepayments and accrued income
59.201
8.963
68,164
91.576
13,053
104.629
26,330
6,488
32,818
83,271
11.684
74,955
16.
Credltors: amounts falllng due within 1 year
Group
2024
Group
2023
Charity
2024
Charity
2023
Bank loans
Other loans
Trade creditors
Amounts owed to group underlakings
Taxation and social security
Accruals and deferred income
31,576
19.387
23.718
27,603
19,423
13,286
31.576
19.387
20.529
10,458
20,200
97,708
199,858
27,603
19.423
11,233
8,144
17.995
133.473
217,871
33,254
111,042
218,977
25,945
140.867
227.124
Included in the above is deferred income of £71.242 (2023.. £98.079) in relat￿n to income received in advance
of the relevant service being provided.
17.
Creditors: amounts falllng due after 1 year
Group
2024
Group
2023
Charity
2024
Charlty
2023
Bank loans
Other loans
89,292
120.049
19.293
139.342
89,292
120,049
19,293
139.342
89.292
89,292

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
18.
Borrow5ngs
2024
2023
Bank loans
Other loans
At 31 March 2024
120,868
19,387
101,481
147,652
38,716
186,368
Payable with one year
Payable after one year
50,963
82,292
47,026
139,342
The group entered into a loan agreement on 8 December 2022 for a total of £107,150. The total loan is repayable
in monthly installments from 8 December 2022 for a pertod of S years and carries interest at a fixed rate of 6.5+J/o
per annum.
19,
Deferr8d tax
Group
2024
2023
At 1 April 2023
Charge for Ihe year
Al 31 March 2024
10,240
{1.428
8,812
10,240
10,240
The deferred tax liability is made up as folbws:
Fixed assel tNning differences
8,812
10.240
31

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
20.
Statement of funds
Balance at
1 Apr 2023
Gains
Balance at
(losses) 31 Mar 2024
Group- currnnt year
Income
Expgnditure
General funds
554,642
1.718.750
(1,658,794}
24,131
638,729
Restrlctod funds
Big Build
Shedders
Refurbishment &
environmental upJrades
CovKJ-19 support
Community Developmenl
Chikyren & young people
Marketing
Small Gaytal grants
272,031
66.295
(46,505)
119.346)
225,S26
46,949
225.531
667
36,737
48.111
23.g37
8,237
681.546
{34.540)
(652)
(64.906)
<49,530)
(23.324)
{1,235)
(240.0381
190.991
15
28.912
30,545
613
7,002
530,5S4
57.082
31,964
89.046
Total fundg
1,236,188
1,W7,796
(1.898.832>
24.131
1.169,283
Balance at
1 Apr 2022
Gains
Balance at
(losses) 31 Mar 2023
Group- prlor yoar
Incom•
Expendlture
General lunds
553.313
1.564,995
(1,558.916)
(4,750)
554,642
Restrlcted funds
Big Build
Shedders
Refurbishment &
environmental upgrades
Covid.19 support
Community Development
Children & young people
Marketing
Small ¢apilal grants
320.036
97,445
{48,005)
{27.449>
272,031
66,295
(3.701 }
148,956
1,525
36,954
38.086
102.979
{26.404}
{858)
(56,8121
($3,867)
(24,647)
15.636)
{253.6781
225,531
667
38,737
48,111
23.937
8,237
681,546
56,595
63.892
10.564
702,150
13.309
233.074
Total funds
1,255.463
1.798,069
(1.812.$94)
{4.750)
1,236,188

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
20.
Statomont of funds Icontinued)
The specific purpose for Nthich the funds are to be applied are as follows:
Restricted funds..
Big Build
The Big Build grant cons6ts of the folk)wing'.
Big Lollery Fund - refurb￿hfflent and modemisation of the Cenler and SiTUCtural works
Garfield Weston Foundation - refurbishment and modernisation of the center and slnjctijral works
The 1989 Willan Charitable Trust - refurbishment and modernisation of the center and stnjctural works
Community Foundation l John Bell Fund - installation of double glazing
Sir James Knott Trust- refurbishmenl of the community room and Big Build prq'ect
Bernard Suley Charitsble Foundation - refurbishment and modernisation of the center and structural works
Shedders
Granls receive(i in respect of the Shedders Project - Nalional Merys Shed from NTC CCG
Refurbishment and envlronmental upgrades
The refurbishment and environmental grants consist ot.
Ecclesiastical - ￿lUrt)IShMent of the Langty roc*n
North Star Access Grant - energy improvements
Reach Fund - Keep Linskill Warm - to carry out energy surveys on all sites
Marks and Spencer Capilal Fund - installatsm of solar panels at the cenler.
Covld-19 support
Grants received in the year in respect of the Covid-19 support from the Virgin Money Foundation. Ihe National
Lottery Community Fund and The Willan Tnjst.
Gommunity Development
The community development grants relate lo-
The CDmmunily Foundation - Kellett Fund- activities for the over 55's under engAGE
Big Lottery Fund - services at Battle Hll
Chlldrgn and young people
The children and young people grants relate to:
Coast Soccer Children and YournJ Peopte Fund- children's and young people activits'es
Community Foundation- Wellseley Young People- Saturday kids club
Markatlng
Grants received frt)m the Lottery Fund Awards for All to improve maTketing, website, video and
photography.
Other small eapltal
Other small capital grants Comprise grants with and opening and clo￿.ng balancè of less than £4000 and
inclLtdes amwnts from the John Bell Fund, the Barbour Trust and the Linden Family.

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
21.
Analysis of net aSSOt8 between funds
Unrestricted
Funds
Rostrlct•d
Funds
Group- curronl year
Total
Tangible fixed asseis
Fixed asset investments
Current assets
Creditors due within 1 year
Creditors due in more than 1 year
Provisions for liabilities and charges
491.332
168,353
296.125
(218,977)
{89.292)
(8,8121
638,729
483.927
975,259
168,353
342,752
(218,977)
189,292)
<8,812
1,169,2B3
46,627
530,554
Unro8trict•d
Fund¥
Restricted
Funds
Group - prior year
Total
Tangible fixed assets
Fixed asset investrnents
Current assets
Creditors due within 1 year
Creditors due in more than 1 year
Provisions for liabilities ar￿ charges
435.819
144.222
351,307
{227.124)
{139.342)
(10.240)
554,642
565,309
1.001.128
144.222
467.544
(227.1241
(139_3421
(10.240)
1,236,188
116.237
681.546
21.
Reconciliation of not rnovemenl in funds to not cash flow from operating aetlvlllos
2024
2023
Net incorne l {expendilure) for the year
166,9051
<19,276)
Adjustments for:
Depreciation
Deferred tax movement
Losses l (gains) on investments
(Profit) I loss on disposal of fixed assets
(Increase) I decrease in stocks
(Increase) I decrease in debtors
In¢￿aSe I decrease in creditors
Nét cash provided by operatlng acllvities
170.594
(1,428)
(24,131}
7,895
(9T0}
36,465
(12,084}
109,436
156,846
4,750
{2.008)
(48,818)
57,177
148.672

THE LINSKILL AND NORTH TYNESIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
22.
Analysis of Chang￿ In net debt
At 1 April
2023
Olher non-
Cash flows cash change5
At 31 March
2024
Cash at bank and in hand
Loans due within 1 year
Loans due more than 1 year
355.589
(47,026)
(139.342
169.221
{89.289)
{3.937)
50.050
{43,185)
266.291
{50,963)
189,292)
126,036
23.
Ponsion commltment5
The group operates a defined coniTibution pension scheme. Th assets of the scheme a￿ held separately from
those ol Ihe group in an independently administered fund. The pension c05t charge represents contributions
payable by the grDUP to the fund arKI amounted to £35.894 (2023". £33.924) in the year. At the balance sheel
dale amounts were payable to the fund of £4,826 (2023.. £4.381 l which are included in creditors.
24.
Relat•d party transactions
During the year. the gn)up made the following related party transaclims:
PM Commercial Property Consultanls Llmited - director in common
The group vms charged £3.835 (2023.. £5,976) for consullancy work in relation to lease agreemenls. Al the
balance sheet dale the amount owed to PM ConYTwcial Propety Consultants was £nil (2023,. £nil>.
Carly Elyse Roblnson - trustoe close famlly member
Carly Elyse Robinson was charged £13.242 (2023. £4.047} for nursery fees. At the balance sheet date the
amount due from Carly Elyse Robinson was £nil (2023. £nil).
R8mombering th• past, Resourcing the futur• (RPRF)- trustee in common
RPFR was charged £6.241 (2023. £5.566) for tenancy and £560 rwm hi￿ (2023.. £310). Al the balance sheet
date, Ihe amount due from RPRF was £797 <2023.. £565>.
Riccl Boston- trustee
R¢ci Boston was charged £4,253 (2023: £nil) for nu￿ery fees. At the balance sheel date an arnounl of £680
(2023: £nil) remained outstanding.