#
##
##
##
##
##
##
|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Statement
oftrustees'|responsibilities||
|Independent
auditor's|report|6-9|
|Statement
offinancial|activities|10|
|Balance sheet|||
|Statement
ofcash flows||13|
|Notes to the financial|statements|14-25|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|
|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|
|||||2021|2021||2020|
||||Notes||f|||
|Donations
and|legacies|||269,997|510,000|779,997|1,720,075|
|Investments||||429,740||429,740|438,416|
|Other income||||8||8|25,000|
|Total income||||699,745|510,000|1,209,745|2,183,491|
|Ex
nditure on:||||||||
|Raising funds||||105,180||105,180|23,910|
|Charitable
activities|||6|1,576,913||1,576,913|1,689,427|
|Total expenditure||||1,682,093||1,682,093|1,713,337|
|Net gains/(losses)||on investments|9|(2,051,174)||(2,051,174)|(12,008,550)|
|Net movement|in|funds||(3,033,522)|510,000|(2,523,522)|(11,538,396)|
|Fund balances|at 1 January 2021|||31,321,236||31,321,236|42,859,632|
|Fund balances|at|31 December 2021||28,287,714|510,000|28,797,714|31,321,236|
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|||
|Fixed assets|||||||
|Tangible assets||||11|1,365|1,709|
|Investments||||12|28,251,302|30,773,219|
||||||28,252,667|30,774,928|
|Current assets|||||||
|Debtors||||13|436,948|47,826|
|Cash at bank and||in|hand||122,242|510,422|
||||||559,190|558,248|
|Creditors:|amounts||falling due within||||
|one year||||14|(14,143)|(11,940)|
|Net current|assets||||545,047|546,308|
|Total assets less||current liabilities|||28,797,714|31,321,236|
|Income funds|||||||
|Restricted|funds|||15|510,000||
|Unrestricted|funds||||||
|Designated|funds|||16|700,565|1,489,091|
|General
unrestricted|||funds||27,587,149|29,832,145|
||||||28,287,714|31,321,236|
||||||28,797,714|31,321,236|
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating|||activities||||
|Cash (absorbed
by)/generated|||from|20|||
|operations|||||(1,288,663)|14,835|
|Investing|activities||||||
|Purchase|oftangible fixed assets|||||(265)|
|Purchase|of investments||||(5,938,642)|(11,043,446)|
|Proceeds|on disposal of investments||||6,409,385|9,448,432|
|Investment|income received||||429,740|438,416|
|Net cash|generated
from/(used
in)||||||
|investing|activities||||900,483|(1,156,863)|
|Net cash|used in financing||activities||||
|Net decrease
in cash and||cash equivalents|||(388,180)|(1,142,028)|
|Cash and|cash equivalents|at beginning||ofyear|510,422|1,652,450|
|Cash and|cash equivalents||at end of|year|122,242|510,422|
##
##
##
##
##
##
##
##
##
##
##
##
##
|2|Donations|and legacies|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|2021|2020|
||||||F|E|
||Donations|and gifts|269,997|510,000|779,997|1,720,075|
||||269,997|510,000|779,997|1,720,075|
|3|Investments||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2021|2020|
||Income from listed investments||||429,646|436,401|
||Interest receivable||||94|2 015|
||||||429,740|438,416|
|4|Other income||||||
||||||Unrestricted|Total|
||||||funds||
||||||2021|2020|
|||||||E|
||Gift Aid income||||8|25,000|
|5|Raising funds||||||
||||||2021|2020|
||Investment|management|||105,180|23,910|
||||||105,180|23,910|
##
##
##
|||||||||Total|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2021||2020f|
|Staff costs||||||||18,683||18,515|
|Depreciation||and|impairment||||||342|427|
|Website|||||||||971|970|
|Postage|||||||||387|771|
|Travel|||||||||201|338|
|Consultancy||||||||24,000||24,000|
|Sundries||||||||1,677||1,142|
|Bank charges|||||||||747|30|
|Phone|||||||||519|492|
|Audit fees||||||||7,680||5,280|
|||||||||55,207||51,965|
|Grants made||to institutions||||||1,521,706||1,637,462|
|||||||||1,576,913||1,689,427|
|Grants payable|||||||||||
|Grants were|made||during||the|year to institutions,||ofwhich the following exceeded f20,000 per annum:|||
|||||||||2021||2020|
|||||||||||f|
|Age UK North||Tyneside||||||||90,000|
|Coatham
House||||||||20,000||20,000|
|Community|Campus|||||||20,000||20,000|
|Cowpen
Quay||Community|||Association|||20,000|||
|Cramlington|Voluntary|||Youth||Programme|2|20,000|||
|Dementia
Matters||||||||||95,000|
|First Stop Darlington||||||||||20,000|
|Hartlepool
NDC Trust||||||||||20,000|
|Kinship||||||||20,000|||
|Neighbourhood||Youth||Projects||||166,300|||
|Save the Children
(Wallsend||||||Children' s|||||
|Community)||||||||83,333||83,333|
|Save the Children|||(Wallsend|||Children' s|||||
|Community)||||||||||27,970|
|Silverline
Memories|||CIO|||||20,000||20,000|
|Streetwise||||||||||25,000|
|Sunderland|All|Together|||Consortium|||80,000||80,000|
|||||||||449,633||501,303|
##
##
##
##
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
|Revaluation|of|investments|(2,327,495)|(11,523,411)|
|Gain/(loss)|on|sale of investments|276,321|(485,139)|
||||(2,051,174)|(12,008,550)|
##
##
|The average|monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Employment|costs|2021f|2020f|
|Wages and salaries||18,215|18,149|
|Other pension costs||468|366|
|||18,683|18,515|
##
##
##
##
|Tangible fixed assets|||
|---|---|---|
|||Fixtures, fittings &equipment|
|Cost|||
|At 1 January 2021||2,886|
|At 31 December 2021||2,886|
|Depreciation
and impairment|||
|At 1 January 2021||1,179|
|Depreciation
charged|in the year|342|
|At 31 December 2021||1,521|
|Carrying
amount|||
|At 31 December 2021||1,365|
|At 31 December 2020||1,709|
||Listed|
|---|---|
||investmentsf|
|Cost or valuation||
|At 1 January 2021|30,773,219|
|Additions|5,938,642|
|Valuation
changes|(2,327,495)|
|Disposals|(6,133,064)|
|At 31 December 2021|28,251,302|
|Carrying
amount||
|At 31 December 2021|28,251,302|
|At 31 December 2020|30,773,219|
##
##
##
##
|13|Debtors||||
|---|---|---|---|---|
||||2021|2020|
||Amounts
falling due|within one year:|||
||Other debtors||436,948|47,826|
|14|Creditors: amounts|falling due within one year|||
||||2021|2020|
||Accruals and deferred|income|14,143|11,940|
##
||||||Movement|||Movement||
|---|---|---|---|---|---|---|---|---|---|
||||||in funds|||in funds||
||||||Incoming|Balance at||Incoming|Balance at|
||||||resources1|January|2021|resources|31 December|
||||||||||2021|
||||||||f|F||
|Participatory|Grant|making|with|Lankelly Chase||||110,000|110,000|
|The National|Lottery Community|||Fund —RC North||||||
|East and Cumbria||Region||||||400,000|400,000|
|||||||||510,000|510,000|
##
||||Movement|in funds||
|---|---|---|---|---|---|
|||Balance at 1|Incoming|Resources|Balance at 31|
|||January|resources|expended|December|
|||2021|||2021|
|||||E|f|
|700 Club||15,000||15,000||
|AWay Out||15,000||15,000||
|Action on Dementia|||15,000||15,000|
|Active Families|CIC||10,000|10,000||
|Age UK Gateshead|||10,000|10,000||
|Age UK Tyneside|||10,000||10,000|
|AIM North-East|||10,000|10,000||
|Albert Kennedy|Trust||10,000|10,000||
|Amble Youth Projects|||8,750|8,750||
##
##
##
|Apnar Ghar||||||4,000|4,000||
|---|---|---|---|---|---|---|---|---|
|BCTAspire|||||18,500||18,500||
|Bell View|||||30,000|||30,000|
|Bensham 8 Saltwell Alive|||||500|(500)|||
|Berwick Youth Project||||||15,000|15,000||
|Billingham
Enviromental
Link|||||18,414|||18,414|
|Bilton Hall Community
Centre|||||15,000||15,000||
|Birtley Community
Association|||||10,000||10,000||
|Blyth Tall Ships|||||15,000|15,000|15,000|15,000|
|Blyth Valley CVS||||||8,500||8,500|
|Brandon 8 Carrside Youth|8|Community|||10,000||10,000||
|Breckon
Hill Community
Enterprise|||||15,000||15,000||
|Bright Futures||||||15,000||15,000|
|Butterwick Hospice Care||||||1,000|1,000||
|Children's
Foundation
(The)||||||10,000|10,000||
|Chopwell
Regeneration
Group||||||11,398||11,398|
|Chrysalis
Club Tynedale||||||5,000|5,000||
|Churches Together South Tyneside|||||8,723||8,723||
|Coatham
House||||||20,000|20,000||
|Comfrey Project|||||7,000||3,500|3,500|
|Community
Campus 87 Ltd||||||20,000|20,000||
|Community
Counselling
Co-operative|||||14,480||7,240|7,240|
|Cowpen
Quay Community|Association|||||20,000|20,000||
|Cramlington
Voluntary
Youth||Project|||40,000||20,000|20,000|
|Darlington
CAP (StAndrew||Parochial||Church)||10,000|10,000||
|Dementia
Matters 3|||||40,000|||40,000|
|Denton Youth &Community||Centre|||15,000||15,000||
|Derwentside
Detached Youth|||Project (Consett||||||
|Churches)||||||10,000||10,000|
|Dry Water Arts CIC||||||15,000|15,000||
|Durham Area Youth|||||9,080||9,080||
|Durham
City Youth Projects||||||6,642|6,642||
|Durham
Community
Action||||||8,585|8,585||
|Easington
Lane Community||Access Point||||15,000||15,000|
|Easington
Social Welfare||||||7,500|7,500||
|Eastern Ravens Trust|||||16,000||16,000||
|Edbert's House||||||15,000|15,000||
|Empire School of Boxing||||||1,850|1,850||
|Employability
Trust (East Durham)||||||15,000||15,000|
|Epic Teeside CIC|||||15,000||15,000||
|Footprints
in the Community||||||15,000|15,000||
|Free the Way|||||5,644||5,644||
|Friends ofEastwoods
Park|||||30,000||15,000|15,000|
|Friends of Fawdon
Community|||Library|||5,000|5,000||
|Gateshead
Older People's|Assembly||||15,000||15,000||
|Halo Projects||||||15,000|15,000||
|Hartlepool
Carers|||||15,000||15,000||
|Hartlepool
NDC Trust|||||10,000||10,000||
|Hartlepower
CIO|||||15,000||15,000||
|Heartbeat|||||7,000||7,000||
##
##
##
||||||||||
|---|---|---|---|---|---|---|---|---|
|Designated
funds||||||||(Continued)|
|Hetton
New Dawn|||||10,000||10,000||
|Hexham
Community
Partnership||||||20,000|10,000|10,000|
|Hexham
First School||||||1,000|1,000||
|Hope Church East Cleveland||||||750|750||
|Hopespring|||||15,000||15,000||
|Integrating
Children|||||7,912||7,912||
|Kids' Kabin||||||10,000|10,000||
|Kidz Konnekt|||||15,000||15,000||
|Kilmarnock
Road Children||8|Young People||||||
|Family Resource Centre||||||15,000|15,000||
|King's Church|||||7,500||7,500||
|Kinship (previously
called||Grandparents||Plus)|40,000||20,000|20,000|
|Let's Pretend
& Play||||||2,000|2,000||
|Lilyanne's
CIC||||||5,420|5,420||
|Meadow Well Connected|||||15,000||15,000||
|Mind Active|||||15,000||15,000||
|MIND Middlesbrough
&Stockton||||||15,000||15,000|
|MIND Redcar 8 Cleveland|||||17,300||17,300||
|Natural
Ability|||||12,000||12,000||
|Neighbourhood
Youth Projects|||||265,175|(64,550)|166,300|34,325|
|NEPACS|||||10,000||10,000||
|New Hope North East||||||12,555|12,555||
|Newcastle
Carers|||||15,000||15,000||
|North East Young Dads &||Lads Project|||15,000||15,000||
|North Tyne Youth||||||15,780|15,780||
|North Tyneside Carer's Centre||||||15,000|15,000||
|Northern
Stage|||||8,500||8,500||
|Northumberland
Community|||Enterprise|Ltd||7,500|7,500||
|Northumbria
Coalition against|||Crime|||9,500|9,500||
|Out of Sight||||||5,000|5,000||
|Park View School||||||10,000|10,000||
|Pennywell
Neighbourhood||Centre|||19,887||9,797|10,090|
|People & Drugs||||||5,000|5,000||
|Perth Green Community|Association||||15,000|(7,500)|7,500||
|Projects4C
hang e||||||10,000|10,000||
|Recovery Connections||||||15,000|15,000||
|Redcar &Cleveland
Voluntary|||Development||||||
|Agency|||||8,000|(8,000)|||
|Redcar Development
Trust||||||15,000|15,000||
|Royal Voluntary
Service|||||10,000||10,000||
|Save the Children
(Wallsend|||Children' s||||||
|Community)|||||83,333||83,333||
|Save the Children
(Wallsend|||Children' s||||||
|Community)||||||100,000||100,000|
|Seahouses
Development||Trust||||10,000|10,000||
|Search|||||30,000||15,000|15,000|
|Silverline
Memories||||||20,000|20,000||
|Single Homeless
Action Initiative|||||15,000||15,000||
|Skill Mill|||||4,000||4,000||
|South Stanley Partnership|||||10,200||10,200||
##
##
##
|16|Designated
funds||||||||(Continuedj|
|---|---|---|---|---|---|---|---|---|---|
||South Tyneside Churches||||||15,000|15,000||
||South West Tyneside
Methodist||Church||||3,000|3,000||
||St Paul's Community
Partnership||||||7,000|7,000||
||STAMP Revisited|||||40,000|||40,000|
||Streetwise|||||25,000|||25,000|
||Sunderland
All Together Consortium|||||160,000||80,000|80,000|
||Sunderland
Bangladesh
International|||Centre|||15,000|15,000||
||Teams Life Centre|||||10,450||5,150|5,300|
||Tees, Esk &Wear Valleys NHS||Foundation||Trust||15,000|15,000||
||Teesside Dementia
Link Services|||||9,798|||9,798|
||Tin Arts Limited||||||17,500|17,500||
||Together Middlesbrough
&|Cleveland|||||40,000|10,000|30,000|
||Upper Coquetdale
Community||Transport|||9,000||9,000||
||Upper Teesdale Agricultural|Support||Service|||15,000|15,000||
||Useful Vision|||||10,400||10,400||
||Wearside
Women
in Need|||||30,000|||30,000|
||West View Project Children|8 Young||People' s||||||
||Activity Centre|||||24,000||12,000|12,000|
||Whippet
Up CIC|||||9,375||9,375||
||Women's
Health
in South Tyneside|||||15,000||15,000||
||Woodshed
Workshop
CIC|||||30,000||15,000|15,000|
||YMCA North Tyneside|||||15,000||15,000||
||YMCA Northumberland||||||15,000|15,000||
||Young Asian Voices|||||11,920||11,920||
||Young Women's
Outreach|Project|||||15,000|15,000||
||Zoe's Place Trust||||||15,000|15,000||
|||||||1,489,091|769,680|1,558,206|700,565|
##
##
##
##
##
##
##
##
|Analysis of|net assets between funds|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|
|||funds|funds||funds|
|||2021|2021|2021|2020|
||||f.||f|
|Fund balances at 31 December 2021 are||||||
|represented|by:|||||
|Tangible assets||1,365||1,365|1,709|
|Investments||28,251,302||28,251,302|30,773,219|
|Current assets/(liabilities)||35,047|510,000|545,047|546,308|
|||28,287,714|510,000|28,797,714|31,321,236|
##
##
|20|Cash generated
from operations|Cash generated
from operations|||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||Deficit for the year||||||(2,523,522)|(11,538,396)|
||Adjustments
for:||||||||
||Investment
income recognised|in statement||offinancial||activities|(429,740)|(438,416)|
||(Gain)/loss
on disposal of investments||||||(276,321)|485,139|
||Fair value gains and losses on|investments|||||2,327,495|11,523,411|
||Depreciation
and impairment
oftangible||fixed assets||||342|427|
||Movements
in working
capital:||||||||
||(Increase)
in debtors||||||(389,120)|(17,629)|
||Increase
in creditors||||||2,203|299|
||Cash (absorbed
by)/generated|from|operations||||(1,288,663)|14,835|
|21|Analysis ofchanges
in net funds||||||||
||The charitable
company
repaid|all the incurred|||debt during the year.||||
##