2020-12-31-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	4
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet	7	to	8
Notes to the Financial Statements	9	to	14
Detailed Statement of Financial Activities		15

					2020	2019
					Unrestricted	Total
					fund	funds
				Notes	f	f
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				268,463	173,707
Investment	income				307	742
Total					268,770	174,449
EXPENDITURE ON
Charitable	activities
Charitable	activities				347,551	301,880
NET INCOME/(EXPENDITURE)					(78,781)	(127,431)
RECONCILIATION OF FUNDS
Total funds brought		forward			420,361	547,792
TOTAL FUNDS CARRIED FORWARD					341,580	420,361

			2020	2019
			Total	Total
			funds	funds
		Notes
CURRENT ASSETS
Debtors		10		20,000
Cash at	bank		343,260	402,041
			343,260	422,041
CREDITORS
Amounts	falling due within one year		(1,680)	(1,680)
NET CURRENT ASSETS			341,580	420,361
TOTAL	ASSETS LESSCURRENT
LIABILITIES			341,580	420,361
NET ASSETS			341,580	420,361
FUNDS		12
Unrestricted funds			341,580	420,361
TOTAL	FUNDS		341,580	420,361

FOR	THE YEAR ENDED 31 DECE	THE YEAR ENDED 31 DECE	THE YEAR ENDED 31 DECE	MBER	2020
4.	INVESTMENT INCOME
								2020	2019
								f	5
	Interest received							307	742
5.	CHARITABLE ACTIVITIES COSTS
						Grant
						funding	of
						activities
						(see note		Support
						6) 6		costs f	Totals f
	Charitable	activities				345,871		1,680	347,551
6.	GRANTS	PAYABLE
								2020	2019
	Charitable	activities						345,871	299,400
	The total	grants paid	to institutions		during the year	was as follows:
								2020	2019
								f
	Big Issue	Company						45,000	15,000
	Beacon of Light							70,000	70,000
	Social Mobility Pledge							180,000	180,000
	NE Youth	Limited						5,000
	Denton Youth							10,000
	Jumby Bay Island - improved			living	spaces			19,871
	The Sick	Children's Trust							8,000
	Heel &Toe Children's		Charity						4,000
	Alan Shearer's Foundation								5,000
	Montagu	Under 7s							10,000
	Foundation of Light								2,400
	Cash 4 Kids							5,000	5,000
	Tyneside	Hospice						5,000
	Salvation	Army						1,000
	D2 Youth	Zone						5,000
								345,871	299,400

Net income/(	expenditure)	is stated after charging/(crediti	ng):
			2020	2019
			6	6
Independent	examiners	fees	1,680	1,680

COMPARATIVES FOR THE ST	ATEMENT OF FINANCIAL ACTIV	ITIES
		Unrestricted
		fund
INCOII/IE AND ENDOWMENTS	FROM
Donations and legacies		173,707
Investment income		742
Total		174,449
EXPENDITURE ON
Charitable activities
Charitable activities		301,880
NET INCOME/(EXPENDITURE)		(127,431)
RECONCILIATION OF FUNDS
Total funds brought forward		547,792
TOTAL FUNDS CARRIED FORWARD		420,361

NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued	NOTES TO THE FINANCIAL STATEMENTS -continued
FOR	THE YEAR ENDED 31 DECEMBER 2020
10.	DEBTORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
									2020	2019
									f	5
	Prepayments		and accrued		income					20,000
11.	CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
									2020	2019
									F	F
	Accrued	expenses							1,680	1,680
12.	MOVEMENT		IN FUNDS
									Net
									movement	At
								At 1.1.20	in funds	31.12.20
									9	5
	Unrestricted		funds
	General	fund						420,361	(78,781)	341,580
	TOTAL	FUNDS						420,361	(78,781)	341,580
	Net movement		in funds,	included			in the above are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
								E	5	8
	Unrestricted		funds
	General	fund						268,770	(347,551)	(78,781)
	TOTAL	FUNDS						268,770	(347,551)	(78,781)
	Comparatlves		for movement			in	funds
									Net
									movement	At
								At 1.1.19	in funds	31.12.19
								8		9
	Unrestricted		funds
	General	fund						547,792	(127,431)	420,361
	TOTAL	FUNDS						547,792	(127,431)	420,361

Compara	tive	net movement in funds, inclu	ded in the above are as follows:
			Incoming	Resources	Movement
			resources f	expended	in funds 8
Unrestricted		funds
General	fund		174,449	(301,880)	(127,431)
TOTAL	FUNDS		174,449	(301,880)	(127,431)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2020
	2020	2019
INCOME AND ENDOWMENTS
Donations and legacies
Donations	268,463	173,707
Investment income
Interest received	307	742
Total Incoming resources	268,770	174,449
EXPENDITURE
Charitable activities
Grants to institutions	345,871	299,400
Supportcosts
Finance
Independent examiners fees	1,680	2,480
Total resources expended	347,551	301,880
Net expenditure	(78,781)	(127,431)