Nev•bl$8ln bythe S•a Herftaze Partnershlp
Challty 1121602
Company No. 0625sn9
Tr￿t￿$, Rewt and Un•udlted Accwnts
31 Marth 2023

Newbi88in by the Sea HÈrfta8e Partnersl¥p
Contents
Trustees, Annual Report
Independent Examiner's Report
Statement of Flnanual Athvrties
Summary Income and ExpenditureAccount
Balance Sheet
Notes to the Accounts
Oetalled Statement of Flnancial Activitie5
Page
15
Page I

Newbiggln bytr* Sea Herlta8e Partrnrship
Trustees Annual Report
The trustees, who are also directOf5 of the tharity forthe purposes of the Companies Art 2006,
present their report with the unaudited financial statements of the charityfor the year ended 31
March 2023.
REFERENCE AND ADMJf41STRATJVE DETAIL5
Company No. 06255729
Charlty No. 1121602
Re8lstered Offlc•
NewbiBgin Maritime Centre
Church Point
Newbiggin by the Sea
Northumberland
NE64 6DB
Dlrectors and Trustees
The Dirertors of the charitable ¢ompany are Its Trustees forthe purposes of charlty law.
The following Oirectors and Trustees served durlng the year..
E.G. Air
8. Chilton
S. Harrlson
8. Mead
P. Seddon
J.P. Shlpley
Accountsnts
Accounting for Good CIC
2 Geordie Ridley Pla
Upper Precinrt Wesley Court
81aydon on Tyne
Tyne and Wear
NE215BT
Page 2

Newblggln by the Sea Herltage Partnershlp
Trustees Annual Report
ACHIEVEMENTS & PERFORMANCE
The day to day mana8ement of the actNities of Newbiggin by the Sea Herrts8e Partnership has been
successfully athieved thi5 year. The company continues with ￿ ¢)peration of Newbiggin Marrtime Centre and
Newbiggin Rocket House.
2022-23 has been a successful year forthe Parn￿rShIp.
The Rocket House, Kite and Maritime Festivals. Heritage Open Day5. livè theatre produrtlons and Art
Exhlbrtion5 were vlsited and apwedated by an increased number of visitors.
Thmughout the wlnter months, NHP funded a Warni Space, to help supportthe ILYal communrty through
the cost of1Sving Incre￿.
The trustee5 would Ilke to record their thanks to the many volunteers who have helped and supported the
work of the company. ￿$0 to local Funders and the many members of the publlc who have contributed
donations throughout the year.
The Trustees are ￿sponSIble for keeplng proper accountln8 reccfds that dlsclose wlth reasonable accuracy at
any time the financlal posltlon of the charity and to enable them to ensure that the finandal statements
comply wlth the Companies Act 2￿6. The Trustses are a150 responsible for safe8uardlnB the assets of the
charlty and hence taking reasonable Steps for the prevertlon and detertlon of fraud and other Irregularlties.
The above report has been prepared In accordan￿ wlth the provlslons applicable to companies subject to
the small companle5 reglme as set out in Part 15 of the Companies Att 2rx)6 and In accordance with the
Charitles SORP IFRS 1021.
Sl8ned on behalf of the board
S. Harr150n
Trustee
20 December 2023
Page 3

t4ewbi88in by the Sea Herfts8e Partnejthip
kndependent Examlners Rewt
Independent Examine￿5 Report to the tr￿te￿$ of P4ev•bi88ln by the Sea HeritagÈ Partnershlp
I report to the charity trustees on my examination of the financial statsments of Newbiggin bythe Sea
eritage par￿e[ShIp for the year ended 31 March 2023.
Responslbllltles and basis of report
As the charitys trustees of the company land a150 rts directors for the purposes of company lawl you are
responsible for the preparation of the flnancial statements in accordance wlth the reqUI￿rnents of the
Companies Act 2006 Ilhe ACL
Having satisfied my5eM that the finandal statements of the Charity are not requlod to be aLtdited under Part
16 of the 2006 Art and are eli8ible for independent examinatioft, I report in respect of my examination of
your charlty's financial statements as carried out under section 145 of the Chartties Att 20111'the 2011 Act'l.
In Carrying Out my examination I have followed the Directions given by the tharity Commission under sectlon
145151 Ibl of the 2011 Act.
Ind•pendent ex•mlnÈrfs gtstem•nt
I have completed my examination. I can confirni that no material matters have come to my attentlon In
connection wbth the examination gtrvlnB me Cause to belleve:
accountlng records were not kept in accordance with section 386 of the Act.. or
• the financlal statements do not accord wlth those records,. or
the ftnanclal statements do not comply wlth the acCoUn￿n8 requirements under section 396 of the 2006
Act other than any requlrement that the finanaal statements 8Ne a Irue and falrf vlew whlch Is not a
matter ¢onsldered as part of an independent examlnation,. or
• the financial statements have not been prepared in accordance with the methods and prlnc+ples of the
ststement of Recommended Practlce for accounting and reporting by charltres applicable to charities
prep3Ting their accounts in accordance with the Flnandal Reporting Standard appllcable In the UK and
Republic of Ireland IFRS 1021.
I have no Concerns and have come across no other matters In connectlon wlth the examlnation to whlch
attention should be drawn in this report in order to enable a proper un(Jerstsnding of the financlal
statements to be reached.
Kay Wi8htman FFA FfA
Accounting for Good ac
2 Georilie Ridley Place
Upper Precinct Wesley Court
Blaydon on Tyne
Tyneand Wear
NE215BT
20 December 2023
Page 4

Newbi88in by the Sea Herltage Partnership
Statement of Anancial Actiths
for the ￿ar ended 31 Marth 2023
funds
2023
nds Total funds Total funds
2023
2023
2022
Notes
In(ome and endtswments
from:
Donations and legacie5
Charitsble activities
143.356
2,761
143,356
2,761
74,412
16.270
Total
146.117
146,117
90,682
Exp•rKllture on:
Raising funds
Other
205
21,789
22,994
Total
22.994
22.994
Net gains on Investments
Net Income
Transfers between funds
Net Income b•fore oth•r
8aln511105sesl
22,994
21.994
123.123
123,123
68,688
123.123
123.123
68,688
Oth•r 8aSns and ￿$5•$
N•t mo¥ement In funds
Re¢on¢lllatlon of fvnds:
Totol funds brought forward
Tot¥1 fvnds caryl•d forward
123,123
123.123
68,688
2.922.042
2C(J
2,922,242
2,853,554
3,045,165
200
3,045,365
2,922,242
Page 5

Newbiggln by the Sea HerftaEe Partnerthlp
Summary Income and ExPe￿kurtA£(QUnt
for the ￿arended 31 Marth 2023
2023
2022
Income
146,117
9),682
Gross In¢ome for the year
Expenditu
146.117
90,682
21,993
21,275
Depreciation and char8es for
impairment of flxed assets
Total expendlture for thg year
Net income before tsx forthe year
14et Incom• for th8 year
1,719
22.994
21,993
123,123
68,689
123.123
68,689
Page 6

Newblggln by the Sea H*llage Partntrship
Balan¢e Sheet
at 31 Marth 2023
Company No. t￿255￿9
2023
2022
Flxed assets
Tan8ible assets
10 2.578,471
2,578,471
2.492.730
2,492,730
Curr•nt assets
Debtors
Cash at bank and in hand
li
12981
467,193
466,895
iii
466,894
3.045,365
3,045,365
13,709
416,303
430,012
150DI
429,512
2.922.242
2,922,242
Credltors: Amount falling due wlthln one year
curr•nt assets
12
Total assets tss5 current Ilabllltle5
Net assets eXcI￿lIng penskn wet or1Sablllty
Total net •sMts
3,045,365
2,922,242
The funds of the charlty
Restrlrted funds
Restricted income funds
13
200
200
200
Unr•strlrted funds
General funds
Desi8nated funds
13
550,367
2,494,798
3,045,165
427,244
2,494.798
R•serv•s
2,922,042
13
Total lunds
3.045,365
2,922,242
These accounts have been prepared In accordan¢e wlth the special provislons of Part 15 of the Companies
Act 2006 relatSng to small companies.
For the year ended 31 March 2023 the company was enti￿e￿ to exemption under sectlon 477 of the
Companies Act 2006 relating to small c¢)mpanies.
The members have not requ1￿ the company to obtsin an audit in accordan￿ with section 476 of the
Companles Art 2006.
The dlrettors acknowled8e their responsibilities for comp￿Ing wrth the requ1￿ments of the Companies Act
20C6 wlth respect to acc(NJnting records and the preparation of accounts.
Approved by the board on 20 Deomber 2023
And slgned on Its behalf by:
S. Harrlso
Trustee
20 December 2023
Page 7

Newbiggrn by the Sea Hw5tage Partnership
Note5 to the Aicounts
for the year ended 31 Marth 2023
l Ac¢ountS￿ pdkles
Basis of preparatlon
The financial statements have been prepared in accordance with Accounting and Reporting by Chèritie5.-
StatemÈnt of Recommended Practice applicable to charities p￿parin8 their accounts in accordance with
the Finanaal Reporting Standard applicable in the UK and Republic of [￿land IFRS 1021 leffettive I
January 20151- (Charities SORP IFRS 10211. the Financial Reportin8 Standard applicable in the UK and
Republlc of Ireland IFRS 1021 and the Companies Act 2Crf)6.
Chan8• In basls of acco￿￿£ orto pre¥lous accounts
Thère has been no change to the accounting policies Ivaluatlon rules and method of accounting) since
last year and no changes have been made to accounts for prwiou5 years.
Fufid a¢countlftg
Unrestrl¢ted fund5 These are avallable for use at the dixretion of the trustees in fvrtherance of the
Desl8nated funds
8eneral objects of the charity.
Revaluation funds
These are unrestritted funds eamarked by the trustee5 for pèrtl¢ular purposes.
These are unrestricted funds whlch indude a revaluatlon reserve reprèsenting the
restatement of investment assets atthelr market values.
These are available for use subject to reStri￿On$ imposed by the donor or throu8h
temis of an appeal.
Restrirted funds
In¢om•
Recognltion of
Income
Income Is Included In the Ststement of Finanaal Actlvltles ISOFAI when the charlty
becomes entl￿ed to. and vlrtualty certaln to recèive. the Income and the amount of
the Irtcome can be measured with sufficlent reliabillty.
Income wlth related Where income has related expenditu￿ the Income and related expenditure 15
expenditure
reported gross In the SOF
Donations and
le8acles
Voluntsry Income recefved by way of grants, donatlons and Bifts is included Sn the
the SOFA when receivable and only when the Charity has unconditional
entltlement to the income.
Tax reclaims on
Income from tax redaSms is included in the SOFA at the same tlme as the
donatlons and 8rfts 8fft/donat5on to whlch it relates.
Donated services
and faclllties
These are only rnduded In income Iwith an equlvalent amount in expenditure)
where the benefit to the Charlty is reasonably quantrfiable, measurable and
rnate￿al.
Volurrteer help
The value of any volunteer help re￿IVed is not included in the a¢counts.
Invèstment income This is included in the accounts when recervable.
Gainslllossesl on
This includes any gain or loss resuttlng from revalulng inve5ts7)ents to market value
revaluation of flxed at the end of the year.
asset5
Gain5lllossesl on
Investment assets
This includes any gain or loss on the sale of Investments.
Page 8

Newbiggin by the Sea Herlta8e Partnershlp
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expendlture is recognised on an accruals basis. Expenditure Includes any VAT which
cannot be fulty recovered, and is reported as part of the èxpenditure to which It
relates.
Expenditure on
raising funds
Expenditure on
These comprise the costs associated with attra¢tlng voluntary Income, fundraisinB
trading costs and investment management costs.
These comprise the costs Incurred by the Charity in the delivery of its attivities and
charitable activltles services In the furtherance of Its objetts, including the making of grants and
governance costs.
Grants payable
All grant expendlture is accounted for on an actual pald basls plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These Include those costs associated wlth meeting the constltutlonal and Statutory
requlrements of the Charity, including any auditlindependent examinatlon fees,
costs linked to the strategic management of the Charlty, together with a share of
other adminlstration costs.
Other expendlture These are sUPPOrt costs not allocated to a partlcular activlty.
Governance costs
Tamatlon
The charSty Is exempt from corporatlon tax on Its charltable actlvitles.
Tanglble fimed a5wts and depreclatlon
Depreciation 55 provided at the followin8 annual rate5 In order to wrlte off each asset over Its estirnated
useful life..
Plant & Machlnery
25% Stral8ht Line
Freehold Investment prop•rtv
Investment propertSes are measured Inltially at cost and subsequently at falr value at each balance sheet
date and are not depreclated. All galns or losses are taken to the Statement of Flnanclal Activltles as they
arlse.
Stocks
Stock is Included at the lower of cost or net reallsable value. Donated Items of stock are recognlsed at fair
valuè which Is the amount the charlty would have been wlllin8 to pay for the items on the open markèt.
Trade and othèr debtors
Trade and other debtors are reco8nised at the settlement amount due after any trade dlscount offered.
Prepayments are valued at the amount prepald net of any trade dlscounts due.
Cash and cash equlvalents
Cash and cash equivalent5 comprlse cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturitles of three months or less and bank overdraft5.
In the statement of financial position, bank overdrafts are shown within borrowings or current liabilitles.
In the Statement of Cash Flow5, cash and cash equivalents ale shown net of bank overdrafts that are
repayable on demand and form an integral part of the Company's cash management.
Page 9

Newblg8in by the Sea Herltage Partnershlp
Notes to the A¢counts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provlsions are reco8nised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measLtred or
estimated reliably. Credltors and provisions are normally recoBnised at thelr settlement amount after
allowing for any trade discounts due.
Research and development
Expendlture on research and development is written off in the year In which it15 incurred.
For￿8￿ currencles
Monetary assets and liabilities denominated in currencles other than the functlonal currency of the
charity are translated at the rates of exchange prevaS1in8 at the end of the reporting perlod.
TransattSons in currencies other than the functional currency of the charlty are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken Into account in arrlvlng at net Incomelexpendlture.
Leased assets
Where the charlty enters into a lease whlch entalls tsklnB substantially all the rlsks and rewards of
ownership of an asset, the lease Is treated as a finance lease.
Leases which do not transfer substantially all the rlsks and rewards of ownership to charlty are classlfied
as operating leases.
Assets held under flnance leases are inftlally reco8nised as assets of the charity at thelT falr volue at the
Inceptlon of the lease or, If lower, at the present value of the minlmum lease payrnents. The
correspondin8 liablllty to the lessor Is included In the balance sheet date as a finance lease obllgation.
Lease payrnents are apportloned between flnance expense5 and reductlon of the lease obllgation so as to
achleve a constant rate of interest on the remaining balance Qf the Ilabllity. FInan￿ expenses are
reco8nlsed Immediately, unless they are dlrectly attrlbutable to quallfying a55ets, In which case they are
capltalised In accordance with the charity's polley on borrowln8 Costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operatln8 lease payments are recognised as an expense on a stralght-llne basls over the lease term.
In the event that lease Incentlves are received to enter into operating leases, such incentives are
recognlsed as a Ilabillty. The aggregate benefit of incentlve5 Is recognised as a reductlon of rental
expense on a strai8ht.line basls.
Penslon costs
The charlty operates a deflned contrlbutlon plan for Its employees. A deflned contrlbution plan Is
pension plan under which the company pays flxed contributions Into a separate entity. Once the
contribtstions have been pald the company has nts further payments obllgations. The Contrlbutlons ale
recognlsed ag expenses when they fall due. Amounts not paid are Shown in accruals in the balance sheet.
The assets of the plan are held separately from the company in independently administered funds.
Rec•lpt of donatsd 8oods, facllltles and servl¢e5
All donated goods, facilitles and services received are recognised within Incomlng resource5 and
expendltyre at an estimate of the value to the charity.
Page 10

NewblgKin by the Sea Hèrftage Partnèrship
Notes to the Accwnts
2 Compary ststus
The company Is a private company Ilmited byguarantee and corLsequently does not have share capital.
3 Statement of Flnandal Actl¥itJes- prknyear
Unrestrfcted
funds
Restrirted
funds Totsl funds
2022
2022
2022
Income and endowments from:
Donatlons and legacles
Charltable activities
Totrl
74.412
16.071
74,412
16,271
200
200
Expendl¢ur¢ on".
Raisln8 funds
char￿able actlvfties
T¢X•l
,683
205
21.789
205
21,789
21,994
21,994
Net Income
68,489
N•t In¢ome before other
galnslllossesl
Other 8alns and10sses:
Net movement In lunds
R¢¢ondllatlon of funds..
Totsl funds carrl•d fow4rd
200
68,689
68.489
200
68.689
68,489
200
68,689
68,489
200
68,689
4 In¢omè from donatlons and1•8acles
UnrestAct•d
Totsl
2023
Totsl
2022
Donations
143,356
143.356
143.356
143.356
74.412
74,412
5 Income from charltablt acllvltles
Vnrestrlcted
Totsl
2023
Totsl
2022
2,761
2.761
2,761
2,761
16,270
16.270
Page 11

Newbiggin by the Sèa Herltage Partnership
Notes to the Attounts
6 ExpendItU￿ on ralsin8 funds
Totsl
Totsl
2022
2023
Costs ofgenemting voluntary
income
Donation5
205
205
7 Other expenditur•
Unr•strlcted
Total
2023
Total
2022
Premlses costs
Amortlsatlon, depreciatlon,
impalrmenti profltlloss on
disposal of flxed assets
General admlnlstratlve costs
Legal and professional costs
14,998
14,998
10,956
1,719
1.719
3,708
4,964
1,313
22,994
4,964
1.313
22,994
6,335
790
8 Net Incom• before transfers
21,789
Thls Is stated after thar8ing'.
Depreciatlon of owned flxed assets
9 Staff costs
No employee recelved emoluments In excess of £60,OChJ.
10 Tanglble fixed asmts
2023
2022
1,719
3,708
L•nd and
bulldlngs
Plant &
Ma¢hlnery
Totsl
Cost or r•valuatlon
At l Aprll 2022
Additlons
At 31 March 2023
Dèpreclatlon and
Impalrment
At l April 2022
Depreciatlon charBe for the
year
At 31 March 2023
Net book volu•s
At 31 March 2023
At 31 March 2022
2,298,147
14,832
192,864
87,460
280,324
2,505.843
87.460
2,593,303
2.298.147
14,832
13,113
13,113
1,719
1,719
14,832
14,832
2,298.147
2,298,147
280,324
192.864
2,578,471
2.492,730
1,719
Page 12

Newblggln by the Sea Heritage Partnership
Notes to the A¢counts
11 Delrtors
2023
2022
VAT recoverable
Other debtors
Prepayments and accrued Income
17
1,709
12.000
13151
12981
12 Credltors:
amounts fallln8 due wrthin one year
13.709
2023
2022
Other creditors
ActrLrals
500
13 m0￿Ment In funds
51)0
Incomln8
r•source5
Ilncludlni
other
At l Awll 8alnslloM¢s
22
Resources
expnded
At31
Ma￿h
2023
Restrlrt•d fund5:
Restrlct•d Income fvnd5:
Beach Wheelchalrs
200
Totol
2Crf)
U￿rest￿(led funds:
G•neral lund5
D•sl8nated funds:
General Day to Day
Management & Operatlons
rotol
200
427,244
146,117
122.9941
550,367
2.494.798
2,494.798
2,494.798
2,494,798
Total fund5
2,922,242
146,117
122,9941 3,045,365
Purpose5 and restrirtions In relatron tothe fijnds..
Re5tri¢ted funds..
Beach Wheelchairs
Designated funds..
General Day to Day
Management & Operations
Page 13

Newbl88ln by the Sea Her5ta¥e Partnershlp
Notes to the Ac¢ounts
14 Analysis of net assets between funds
Unrestrlrted
tunds
Re5trIrt•d
fvnds
Total
Flyed assets
Net cUr￿nt assets
2,578,471
12991
2,578,172
2,578,471
466,894
3.045,365
467.193
467,193
15 ReconcillatSon of net debt
At31
March
2023
At l Aprll
2022
Cash flows
Cash and cash equivalents
416,303
416,303
50,890
50,890
467,193
467,193
Net debt
416,303
50,890
467,193
16 Related party dls¢losures
Controlllnq party
The company is Ilmited by 8uarantee and has no share capital,. thus no slngle party controls the companv.
Pa8e 14

Newblggln by the Sea Herltage Partnershlp
Detsiled Statement of Financlal Artlvltles
for the year ended 31 March 2023
Unrestrfcte
d funds
2023
Total funds
2023
Total funds
2022
2023
Income and endowments from:
Donatlons and le8ades
Donations
143,356
143,356
143.356
143,356
74,412
74,412
Charitable attivltles
2,761
2,761
2,761
2,761
16.270
16.270
Totsi Income and endowm•nts
Expendlture on:
Costs of 8eneratlng donations and
legacies
Donatlons
146,117
146,117
90,682
205
Total of •xpendltur• on ralsln8
funds
205
205
Premlses costs
Premises repalrs and
malntenance
14,998
14.998
10.956
General admlnlstratlve cost5,
including depreclatlon and
amortlsation
Depreciation of Plant &
Machinery
Bank char6es
General insuran￿$
Postage and couriers
Statlonery and printing
Sundry expense5
14,998
14,998
10,956
1,719
1,719
3,708
179
4,580
102
179
4,580
102
176
5,610
549
103
6,683
103
6.683
Legal and professional Costs
Audltlindependent examination
fees
Accountancy and bookkeeping
10,043
950
950
790
363
1,313
363
1,313
22,994
Total of expendlture of other costs
Totsl expendlture
Net Balns on Investments
790
22,994
21,789
22,994
22,994
21,994
Page 15

Newblggln by the Sea Heritage Partnershlp
Detslled Ststement of Flnancial Acknvlt1•5
Net Income
123.123
123,123
68,688
Net Income before other
8ainslllosse5)
Other Gains
123.123
123,123
68,688
Net movemert in lunds
123.123
123.123
68.688
Reconcillatlon of funds:
Total funds brought fonvard
Totsi funds ¢èrrled forward
2.922.042
2￿
2,922.242
2.853,554
3,045,165
200
3.045.365
2,922,242
Pa8e 16