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|CONTENTS||PAGE|
|The Trustees'
report|||
|Independent
auditor's|report to the members|20|
|Statement of Financial|Activities|25|
|Balance sheet||26|
|Statement ofCash Flows||27|
|Notes to the financial|statements|28|
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|TRUST forthe pur|poses ofcompany
law.|||
|---|---|---|---|
|Name|Role|Date|Date|
|||Elected|Resi ned|
|Charlie Rooney||13.07.2010||
|Geoff Payne|Chair from 05.02.19|25.01.2007||
|Sharon Stuttard||17.11.2008||
|Peter Dawson||07.05.2019||
|Helen Dudiack||04.02.2020||
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|||||Unmsticted|Restricted|Capital|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Note|Funds|Funds|Funds|2021|2020|
|Income from:|||||||||
|Donations and legacies|||||||||
|Donations||||13|||13|1,813|
|Inconu from Charitable|activities||||||||
|Grants received|||||366,740||366,740|305,396|
|Contracts|||2b|24,850|||24,850|71,050|
|Income from other trading||activities|||||||
|Activities for generating
funds|||2c|150,848|||150,848|343,884|
|Rental income||||44,097|||44,097|44,022|
|Incorre from Investments|||||||||
|Interest receivable and similar||income||68,401|||68,401|77,645|
|Other income|||||||||
|Other Income|||||||459||
|Total income||||288,668|366,740||655,408|844,252|
|Expenditure:|||||||||
|Expenditure
on Raising|funds|||168,550|60,497||229,047|379,774|
|Expenditure
on Investment||Management||8,270|||8,270|17,330|
|Expenditure
on Charitable||Activities||326,961|306,243|57,732|690,936|799,778|
|Total expenditure||||503,781|366,740|57,732|928,253|1,196,882|
|Net gains/(losses)
on investments|||12|284,308|||284,308|(181,913)|
|Net gains/(losses)
on disposal||||||||(6,106)|
|Net income/(expenditure)||||69,196||(57,732)|11,464|(540,649)|
|Net movement
in funds||||69,196||(57,732)|11864|(540,649)|
|Reconciliation
offunds:|||||||||
|Balanceat1
April2020||||2,813,207||2,643,724|5,456,931|5,997,580|
|Balance at 31"March 2021||||2,882403||2,685,992|5rt68,395|5,456,931|
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|||Note|2021|2020|
|---|---|---|---|---|
|Fixed Assets|||8||
|Tangible assets||7|2,865,018|2,982,214|
|Investment
in subsidiary||16|1|1|
|Property Investment||8|650,000|650,000|
|Investment
-Schroders||8|1,493,158|1458850|
|Total Fixed Assets|||5,028,177|5,091,065|
|Current Assets|||||
|Debtors|||117,803|209,108|
|Cash at bank and
in|hand||419,442|230584|
|Total Current Assetss|||537,245|439,6$2|
|Liabilities|||||
|Creditors
falling due|within one year|10|(97,027)|(73,826)|
|Net current assets|||440,218|365,866|
|Net Assets|||5~,395|5,455,$31|
|The funds ofthe charity. '|||||
|Unrestricted
income funds|||||
|General Funds||12|1,221,795|1,386,907|
|Designated
Funds||12|959,000|1,009,000|
|Revaluation
Reserve||12|701,608|417300|
|Total Unrestdcted|Funds||2,882403|2,813,207|
|Restricted Income|Funds|13|||
|Restricted
Capital|Funds|14|2,585,992|2,643,724|
|Total chadty funds|||5,468,395|5,458,$31|
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||||Note|2021|2020|
|---|---|---|---|---|---|
|||||6||
|Cash flows from operating
activities;||||||
|Net cash provided
by (used in) operating|activities||19|(156,832)|(492,743)|
|Cash flows from investing
activities:||||||
|Dividends,
Interest and rents from investments||||112,498|121,667|
|Proceeds from Sale of Investment
Property|||||118,894|
|Purchase ofproperty,
plant and equipment||||(16,809)||
|Proceeds from disposal ofinvestments||||250,000|250,000|
|Net cash provided
by (used in) Investing|activities|||345,689|490,561|
|Increase (decrease) in cash and cash equivalents||in the year||188,857|(2,182)|
|Cash and cash equivalents
st the beginning|ofthe year|||230,584|232,766|
|Total cash and cash equivalents
atthe end ofthe year|||20|419442|230,584|
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|||||||
|---|---|---|---|---|---|
|GRANTS RECEIVABLE||||2021||
|||||f||
|National
Lottery Community|-Climate Action Fund|||24,658||
|National
Lottery Community|-Our Bright Future Fund|||34,709|47W2|
|Nafional
Lottery Community-|Help Through Crisis Fund|||34,596|32,580|
|National
Lotlery Community|- Awards for All|Fund|||1,622|
|National
Lottery Heritage - Green Recovery Challenge|||Fund|3,381||
|European
Social Fund - Youth Employment||Initiative||149,273|154,458|
|Tees Valley Combined
Authority - Youth Employment|||Initiative|48,074|49,581|
|HMRC - Job Retention Scheme||||62,459||
|Ministry ofJustice||||6,000||
|Middlesbrough
Council||||2,575|975|
|North Star Housing|||||8,480|
|Other Grants||||1,015|10,208|
|||||366,740|305,396|
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||||||
|---|---|---|---|---|
|2b|CONTRACTS||2021|2020|
||||5|5|
||Client Led Services - Work B Out||24,850|71,050|
|||||71,050|
|2c|ACTIVITIES FOR GENERATING|FUNDS|2021|2020|
|||||5|
||Facili5es - Room Hire||39,983|149,648|
||Facilities - ONce Rental||59,146|56,819|
||Facilities - Cafe &Catering||9i459|71,593|
||Facilities - Sports Pitch Hire||16,368|35,796|
||Facilities - Other Income|||724|
||Client Led Services - Benefit Take|Up Campaign|25,593|28,843|
||Management
&Admin - Other Income|||461|
||||150,848|343,884|
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|||||||
|---|---|---|---|---|---|
|RESOURC|ES EXPENDED|Generating|Investment|Charitable|Tatal|
|||Funds|Iganagemsnt|Activities|2021|
|||5|6|6||
|Direct costs|- Other|30,808|4,861|33,055|68,724|
|Direct costs|- Staffing|144,511|37|187,143|331,691|
|Administration|costs|53,645|3,372|44,476|101,493|
|Staffing and|related costs|82||281,214|281,296|
|Audit and related costs||||7,650|7,650|
|Depreciation||||114,004|114,004|
|Irrecoverable|VAT|||23,395|23,395|
|Total 2021||229,046|8,270|690,937|928,253|
|||Generating|Invesanent|Charitable|Total|
|||Funds
5|INanagerrwnt
5|Activities
6|2020f|
|Direct costs|- Other|88,307|11,797|44,621|144,725|
|Direct costs|- Stafling|213,399|1,993|226,555|441,947|
|Administration|costs|78,564|3,540|83,786|143,890|
|Staffing and|related costs|1,504||316,723|318,227|
|Audit and related casts||||7,650|7,660|
|Depreciation||||112,795|112,795|
|irrecoverable|VAT|||27,648|27,648|
|Total 2020||379,774|17,330|799,778|1,198,882|
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|---|---|---|---|
|Net ouigoing resources|for the year is stated after charging/crediting:|2021||
|Directors'/Trustees'
emoluments||||
|Depreciation
ofawned|fixed assets|114,004|112,795|
|Unrealised
Gain/(Loss)|on Investments|284,308|(181,913)|
|Auditofis
remuneration||||
|- as auditor||5,950|5,950|
|- other services||1,700|1,700|
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||cost ofthese properf|as|wasf585,4|30.||||||
|---|---|---|---|---|---|---|---|---|---|
|9|DEBTORS|||||||2021|2020|
|||||||||5|5|
||Debtors - Charitable|activities||||||23,475|63,107|
||Prepayments
and accrued income|||||||94,328|146,001|
|||||||||117,803|209,108|
|10|CREDITORS:Amounts||falling due within one year|||||2021|2020|
||Creditom —suppliers|||||||19,755|10,023|
||Other taxation and social||security|||||18,246|18,500|
||Other creditors|||||||3,766|8,709|
||Accruals
and deferred|income||||||55,260|36,594|
|||||||||97,027|73,826|
||~HMh
i
hd||hdll|i|-mddhdi|Ih|d|d-d|hdiddUdh dd0|
||Bright Future 71,964,|Climate Action||F21,666snd Green Recovery||73,768||||
||~HMh
i
hd
hdll
i
-mdd
Bright Future 71,964, Climate Action F21,666snd Green|~HMh
i
hd
hdll
i
-mdd
Bright Future 71,964, Climate Action F21,666snd Green|hdi
Ih
d
Recovery 73,768|d-d|hdidd|
|---|---|---|---|---|---|
|11|ANALYSIS OF NET ASSETS BETWEEN FUNDS||Unrestricted|Capital|Total 2021|
||||6|6|8|
||Fixed Assets||299&026|2,685,992|2,885,018|
||Investments|- Properties|650,000||650,000|
||Investments|-Other|1,493,159||1,493,159|
||Net Current|Assets|440,218||440,218|
||||2,882,403|2,585,992|5468,395|
||||Unrestricted|Capital|Total 2020|
||||f|6|5|
||Fixed Assets||338,490|2,643,724|2,982,214|
||Investments|-Properties|650,000||650,000|
||Investments|-Other|1,468,851||1,468,861|
||Net Current Assets||365,866||365,866|
||||2,813,207|2,843,724|5~6,931|
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|12|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||6|6|
||Balance brought forward|||||1,386,907|1,667,911|
||Net Resources
Expended||before Investment||Revaluations|(215,112)|(301,004)|
||Transfers
to/from
Restricted Capital Funds|||||||
||Transfer from Designated||Fund|||50,000|20.000|
||Balance cerned forward|||||1,221,795|1,386,907|
||DESIGNATED FUNDS|||||2021|2020|
|||||||f||
||Spode Pitches|||||140,000|140,000|
||Acklam Green Centre|||||573,000|573,000|
||Resource Centre|||||86,000|176,000|
||Houses|||||120,000|80,000|
||Vehicles|||||10,000|20,000|
||Redundancies|||||20,000|10,000|
||Disposals - Legal Fees|||||10,000|10,000|
|||||||959,000|1,009,000|
||REVALUATION RESERVE|||||2021|2020|
|||||||f|6|
||Balance brought forward|||||417,300|599,213|
||Unrealised
Gain/(Loss)|on|Investments|||284,308|(176,913)|
||Unrealised
Gain/(Loss)|on|Investment|Properties|||(5,000)|
||Balance carried forward|||||701,608|417,300|
||TOTAL OF UNRESTRICTED FUNDS|||||2,882,403|2,813,207|
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|---|---|---|---|---|---|
|13|RESTRICTED|FUNDS||2021||
||Balance brought|forward||||
||Funds mceived|in year||388,740|305,396|
||Expenditure
in year|||(388,740)|(305,398)|
||Balance carried|forward||||
|14|CAPITAL FUNDS|||2021|2020|
|||||8||
||Balance brought|forward||2,643,724|2,701,456|
||Depreciation|||(57,732)|(57,732)|
||Transfer from/to|Unrestricted|Funds|||
||Balance carded|forward||2,595,992|2,643.724|
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||||2021|2020|
|---|---|---|---|---|
||||5||
||Net income/(expenditure
for ths reporting
period
(as per the statement of financial activities)||11~|(540,649)|
||Adjustments
for:||||
||Depreciation
charges||'I14,004|112,795|
||(Gains)/Losses
on investments||(284,308)|181,613|
||Dividends,
interest and rents from investments||(112,498)|(121,667)|
||Loss/(profit)
on the sale offixed assets|||6,106|
||(Increase)/decrease
in stocks||||
||(Increase)/decrease
in debtors||91,306|(88,881)|
||Increase/(decrease)
in creditors||23,201|(42,560)|
||Net cash provided
by (used in) operating|activities|156,832|492,743|
|20|ANALYSIS OF CASH AND CASH EQUIVALENTS||2021|2020|
||||5||
||Cash in hand||419A42|230,584|
||Notice deposits (less than 3months)||||
||Overdraft
facility repayable
on demand||||
||Total cash and cash equivalents||419/(42|230584|
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|At 31 Ma|rch 2|021,the total minium
lease payments
unde|r non-cancefiable
operating leases|were as follo|
|---|---|---|---|---|
||||2021|2020|
||||5|5|
|Amounts|due|within one year|4,960|4,960|
|Amounts|due|in two to five years|9,921|14,881|
||||14,881|19,841|