2022-03-31-accounts - The Hextol Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				Unrestricted	Restricted	Total	Total
				funds	funds	2022	2021
				f	f		f
Income from:
Donations, grants and legacies			4	77,088	56,852	133,940	238,719
Charitable activities			5	195,552		195,552	129,331
Total income				272,640	56,852	329,492	368,050
Expenditure on:
Raising funds				13,843		13,843	13,143
Charitable activities				292,629	27,071	319,700	269,798
Total expenditure			6	306,472	27,071	333,543	282,941
Net (expenditure)	income		3	(33,832)	29,781	(4,051)	85,109
Transfers between		funds
Net movement in funds for the year				(33,832)	29,781	(4,051)	85,109
Reconciliation offunds
Total funds brought		forward		98,357	68,631	166,988	81,879
Total funds carried		forward		64,525	98,412	162,937	166,988

		FO	R	TH	E	YEAR ENDED	31MARCH	2022
Net (expenditure) income									2022	2021
										f
Net (expenditure) income for the		year is		stated		afier charging:
Independent examination	and accountancy				services:
Independent examination									927	891
Accountancy services									1,903	1,859
Depreciation oftangible	fixed assets								14,369	9,221
Donations, grants and legacies							Unrestricted	Restricted	Total	Total
							funds	funds	2022	2021
							f	f		f
Anton Jurgens Charitable	Trust							3,000	3,000
Arnold Clark Community	Fund						1,000		1,000
Community Foundation	(Curtin PARP)							2,000	2,000
Community Foundation	(Linden	Family		and P&G)						10,000
Community Foundation	(Squires	Fund)					5,000		5,000
Community Foundation	(The Thormton			Family		Grassroots
Fund)										1,300
Community Foundation	(Thorne	dc Derrick			Fund)			2,000	2,000
Co-op Local Community	Fund							5,027	5,027	1,899
Cumbria, Northumberland,	Tyne	and	Wear		NHS Foundation					12,000
Freemasons ofNorthumberland								447	447	19,555
Greggs Foundation										10,000
Hadrian Trust							1,000		1,000	1,000
Hexham Town Council							1,000		1,000	4,000
Karbon Homes Coomunity Funding								1,000	1,000
Marsh Christian Trust							500		500	400
Northumberland Business Service Limited										1,649
Northumberland County	Council	(Community				Chest)				2,000
Northumberland County	Council	(Business			Grants fund)		10,667	5,000	15,667	22,638
Northumberland County	Council	(Local		Improvement
Schemes)								3,000	3,000
Northumberland Estates	Community		Fund					3,600	3,600
Sir James Knott Trust							5,000		5,000
Tesco Bags ofHelp							1,000		1,000	500
The 1989Willan Charitable Trust							10,000		10,000	10,000
The Baily Thomas Charitable Fund								20,000	20,000	10,000
The Barbour Foundation							2,000		2,000	2,000
The Bemicia Foundation							5,000		5,000	10,000
The Christopher Rowbotham Charitable				Trust			500		500
The David Solomons Charitable		Trust								750
The Edward Gostling Foundation							10,000		10,000	15,000
The February Foundation							3,000		3,000
The Finnis Scott Foundation										820
The Hospital ofGod at Greatham							3,100		3,100
The Joicey Trust										5,000
The Joseph Strong Frazer Trust							2,000		2,000	2,000
							60,767	45,074	105,841	142,511


4.	Donations, grants and			legacies (coniinued)						Vnrestricted	Restricted	Total	Total
										funds	funds	2022	2021
										g	g		g
	Balance brought forward									60,767	45,074	105,841	142,511
	The National Lottery		Community Fund										40,000
	The Percy Bilton Charity										5,000	5,000
	The Rothley Trust												900
	The Shears Foundation												5,000
	The Sir Jules Thorn	Charitable				Trust				1,500		1,500	1,000
	The Smith (Haltwhistle			ttc	District)		Charitable	Trust		200		200
	VCSEdigital skills	fund									5,050	5,050
	Tynedale Lions Club												200
	Coronavirus Job Retention				Scheme		grant			5,090		5,090	41,388
	Bounce Back loan interest				grant					520		520	729
	Donations (including		donated assets)							9,011	1,728	10,739	6,991
										77,088	56,852	133,940	238,719
5.	Income from charitable				activities					Vnrestricted	Restricted	Total	Total
										funds	funds	2022	2021
											g	g
	Trading income from:
	Hextol Gardening									53,539		53,539	46,719
	Hextol Greenbox									22,875		22,875	11,387
	Hextol Lunches									2,820		2,820	(105)
	Hextol PropertyWorks									50,305		50,305	53,041
	Hextol Tens cafd									64,634		64,634	15,157
	Other income									1,379		1,379	3,132
										195,552		195,552	129,331
6.	Total expenditure								Raising	Charttabte	Governance	Total	Total
									funds	activities	costs	2022	2021
	Direct costs									g	f	g	f
	Staffcosts									136,673		136,673	118,471
	Hextol Gardening									10,560		10,560	10,341
	Hextol Greenbox									13,940		13,940	9,594
	Hextol Lunches									1,345		1,345
	Hextol PropertyWorks									17,365		17,365	17,955
	Hextol Tens cafd									40,102		40,102	23,501
	Professional fees									3,100		3,100	4,430
	Accountancy fees										2,830	2,830	2,750
	Loss on disposal									965		965	1,910
	Interest payable									1,226		1,226	729
	Depreciation									14,369		14,369	9,221
	Allocated support	costs
	Staffcosts								11,603	38,743	3,877	54,223	49,364
	Office costs								2,240	33,857	748	36,845	34,675
									13,843	312,245	7,455	333,543	282,941
	Governance costs									7,455
	Total expenditure	on charitable					activities			319,700

The average	number ofe	mpl	oyees during the	year, analysed	by function wa	s as	follows:
										2022	2021
Management										2	2
Project staff										12	12
Trustees' remuneration		and related party		transactions
The Trustees	did not receive		any emoluments	during the year	and were not paid		or reimbursed		for any expenses.
During the year, emoluments			were paid to the partner ofa Trustee in respect			of	their employment			with the	charity.
The Trustees	have confirmed		that procedures	are in place to avoid any potential			conflict of	interest.
Tangible fixed assets					Motor		Office		Furniture
					Vehicles	equipment		and equipment			Total
Cost							g
At 1 April 2021					37,327		22,409			55,820	115,556
Additions					17,918		5,120				23,038
Disposals							(8,711)			(2,299)	(11,010)
At 31March	2022				55,245		18,818			53,521	127,584
Depreciation
At 1 April 2021					12,889		11,139			25,051	49,079
Charge for the year					6,482		3,267			4,620	14,369
On disposals							(8,047)			(1,997)	(10,044)
At 31March	2022				19,371		6,359			27,674	53,404
Net book value
At 31March	2022				35,874		12,459			25,847	74,180
At 31March	2021				24,438		11,270			30,769	66,477
Debtors										2022	2021
Other debtors										21,350	14,388
Prepayments	and accrued	income								3,842	14,618
Other taxation and social		security								705	2,836
										25,897	31,842


Creditors:	amounts	falling due within one year	2022	2021
			g	g
Bank loan			5,556	5,833
Other creditors			4,268	3,137
Accruals			4,067	3,925
Deferred income			125
			14,016	12,895
Creditors:	amounts	falling due afier more than one year	2022	2021
			g
Bank loan			41,204	44,167

					2022	2021
					K	f
	Within one year				31,463	29,580
	In two to five years				47,391	24,819
					78,854	54,399
12.	Analysis ofnet assets between funds	Tangible	Net	Long	Total	Total
		fixed	current	term	2022	2021
		assets	assets	liabiTities
			K		g	K
	Unrestricted income funds	8,081	97,648	(41,204)	64,525	98,357
	Restricted income funds	66,099	32,313		98,412	68,631
		74,180	129,961	(41,204)	162,937	166,988
	Analysis ofnet assets between funds -previous year
		Tangible	Net	Long	Total	Total
		fixed	current	term	2021	2020
		assets	assets	liabiTities
						f
	Unrestricted income funds	10,273	132,251	(44,167)	98,357	42,364
	Restricted income funds	56,204	12,427		68,631	39,515
		66,477	144,678	(44,167)	166,988	81,879


Restricted income funds							Movement
					Balance		in resources:		Balance
					2021	Income	Expenditure	Transfer	2022
					g	g		g	g
Funds expended on tangible jixed assets:					59,577		(12,973)		46,604
New ventures job development			training and
supporn
Anton Jurgens Charitable	Trust					3,000	(1,019)		1,981
Community Foundation	(Curtin		PARP)			2,000	(2,000)
Community Foundation	(The	Thornton
Family Grassroots Fund)					710	-	(710)
Community Foundation	(Thorne and			Derrick)		2,000	(42)		1,958
Co-op Local Community	Fund				1,899	5,027	(2,024)		4,902
Cumbria, Northumberland,	Tyne and			Wear
NHS Foundation					29				29
Freemasons Northumberland						447	(447)
Karbon Homes - Community		Funding				1,000	(1,000)
Northumberland County	Council					5,000	(104)		4,896
Northumberland County	Council
(Community Chest)					2,000		(42)		1,958
Northumberland County	Council
(Local Improvement Scheme)						3,000	(62)		2,938
Northumberland Estates	Community			Fund		3,600			3,600
The Baily Thomas Charitable		Fund				20,000			20,000
The Percy Bilton Charity						5,000	(104)		4,896
Training support donations					4,416	628	(5,044)
VCSEdigital skills fund						5,050	(900)		4,150
W Bell donation						1,100	(600)		500
					68,631	56,852	(27,071)		98,412

Restricted income funds	-previous year	-previous year	-previous year				Movement
					Balance		in resources:		Balance
					2020	Income	Expenditure	Transfer	2021
							8	f.
Funds expended on tangible fixe			assets:		24,751		(6,450)		18,301
New ventures job development		training		and
support:
Catherine Cookson Charitable		Trust			500		(38)		462
Community Foundation	(Linden		Family	and
P&G)						10,000	(985)		9,015
Community Foundation	(The	Thornton		Family
Grassroots Fund)						1,300	(590)		710
Co-op Local Community	Fund					1,899			1,899
Cumbria, Northumberland,	Tyne		and Wear
NHS Foundation						12,000	(11,971)		29
Freemasons Northumberland						19,555	(1,222)		18,333
Greggs Foundation						10,000	(10,000)
Hadrian Trust						1,000	(1,000)
Northumberland Business Service Limited						1,649	(103)		1,546
Northumberland County	Council
(Community Chest)					3,427	2,000	(257)		5,170
Tesco Bags ofHelp						500	(500)
The Baily Thomas Charitable		Fund			3,668	10,000	(13,668)
The Finnis Scott Foundation						820	(41)		779
The Foxglove Trust					753			(753)
The National Lottery Community			Fund			40,000	(32,850)		7,150
The Rothley Trust						900	(79)		821
The William Webster Charitable			Trust		2,000			(2,000)
Training support donations					4,416	2,235	(2,235)		4,416
Tynedale Lions Club						200	(200)
					39,515	114,058	(82,189)	(2,753)	68,631