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|CONTENTS||PAGE|
|---|---|---|
|The Trustees'
report|||
|Independent
auditor's|report to the members|21|
|Statement
of Financial|Activities|26|
|Balance sheet||27|
|Statement
ofCash Flows||28|
|Notes to the financial|statements|29|
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||||||||||As|
|---|---|---|---|---|---|---|---|---|---|
||||||||||restated|
||||||unresticted|Restricted|Capital|Total|Total|
|||||Note|Funds|Funds|Funds|2022|2021|
|Income from:||||||||||
|Donations and legacies||||||||||
|Donations|||||||||13|
|Income from Charitable|activities|||||||||
|Grants received||||2a||312,191||312,191|366,740|
|Contracts||||2b|25,350|||28,350|24,850|
|Income from other trading||activities||||||||
|Activities
forgenerafng|funds|||2c|291,947|||291,947|150,548|
|Rental income|||||45,000|||45,000|44,097|
|Income from Investments||||||||||
|Interest receivable
and similar income|||||61,339|||61,339|68,401|
|Other income||||||||||
|Other Income|||||1,960|||1,960|459|
|Total income|||||428,601|312,191||740,792|655,408|
|Expenditure:||||||||||
|Expenditure
on Raising|funds||||259,725|25,163||254,888|229,047|
|Expenditure
on Investment||Iaanagement|||11,512|||11,512|8,270|
|Expenditure
on Charitable||Activities|||244,428|287,028|91,705|623,161|690,936|
|Total expenditure|||||515,665|312,191|91,705|919,561|928353|
|Net gainsi(losses)
on investments||||12|55,111|||55,111|284,308|
|Net gains/(losses)
on impairment|||offixed assets|7|||(695,258)|(695,258)||
|Transfer between funds||||12,14|(5,722)||6,722|||
|Net income/(expenditure)|||||(38,675)||(780,241)|(818,916)|11~64|
|Net movement
in funds|||||(38,675)||(780,241)|(818,916)|11A64|
|Reconciliation
offunds:||||||||||
|Balance at I"April 2021|||||3,008,943||2,585,992|5,594,935|5,583,471|
|Balance at 31"March 2022|||||2970,268||1)805)751|4776019|5)594)935|
|The notes on pages 29to|41|form part ofthese accounts.||||||||
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|||||As restated|
|---|---|---|---|---|
|||Note|2022|2021|
|Rxed Assets|||8|6|
|Tangible assets||7|2,221,056|3,011,558|
|Investment
in subsidiary||16||1|
|property Invesunent||8|650,000|850,000|
|Investment
-Schroders||8|1,498,269|1,493 158|
|Total Fixed Assets|||4,369,325|5,154,717|
|Current Assets|||||
|Debtom|||153,849|117,803|
|Cash at bank and|in hand||347 181|419442|
|Total Current Assets|||501,030|537,245|
|Liabilities|||||
|Creditors
falling due within one year||10|(94,338)|(97,027)|
|Net current assets|||406,694|440,218|
|Net Assets|||4,776,019|5,594,935|
|The funds ofthe charily:|||||
|Unrestricted
income funds|||||
|General Funds||12|1,702,818|1,741,493|
|Designated
Funds||12|959,000|959,000|
|Revaluation
Reserve||12|308,450|308,450|
|Total Unrestricted|Funds||2,970368|3,008,943|
|Restricted Income|Funds|13|||
|Restricted Capital|Funds|14|1,805,751|2,585,992|
|Total charity funds|||4,776,019|5,594.935|
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||||Note|2022|2021|
|---|---|---|---|---|---|
|||||8|6|
|Cash flows from operating
activities;||||||
|Net cash provided
by (used in) operating
activities|||19|(217,001)|(156,832)|
|Cash flows from investing
activities:||||||
|Dividends,
Interest and rents from investments||||106,339|112,496|
|Proceeds from Sale ofinvestment
Property||||||
|Purchase ofproperty,
plant and equipment||||(11,600)|(16,809)|
|Proceeds from disposal
ofinvestments||||50,000|250,000|
|Net cash provided
by (used in) investing
activities||||144,739|345,689|
|Increase (decrease)
in cash and cash equivalents||in the year||P2,262)|188,857|
|Cash and cash equivalents
at the beginning|ofthe|year||419,442|230,584|
|Total cash and cash equivalents
atthe end|ofthe|year|20|347,181|419,442|
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|2a|GRANTS RECHVABLE|||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|6|
||National
Lottery
Community-||Climate rtction Fund|||||67,109|24,658|
||National
Lottery Community||- Our Bright Future Fund|||||2,316|34,709|
||Nafiional
Lottery Community.||Help|Through|Crisis|Fund||22,806|34,596|
||National
Lottery Heritage - Green Recovery||||Challenge||Fund|11,830|3,381|
||European
Social Fund|- Youth Employment|||Initiative|||121,977|149,273|
||European
Social Fund|- Community||Grant||||1,081||
||Tees Valley Combined|Authority - Youth Em|||ploym|ant|Initiative|41,876|48,074|
||HMRC - Job Retention|Scheme||||||4,809|62r459|
||DWP - Kickstart|||||||20,049||
||Ministry ofJustice||||||||6,000|
||Middlesbrough
Council|||||||1,283|2,575|
||Youth Endowment
Fund|||||||6,185||
||Other Grants|||||||10,870|1,015|
|||||||||312,191|366,740|
|2b|CONTRACTS|2022|2021|
|---|---|---|---|
||||f|
||Client Led Services - Work ITOut|28,350|24,850|
|||28,350|24,850|
|2c|ACllVITIEB FORGENERATING FUNDS|2022|2021|
|||6|6|
||Facilities - Room Hire|133,340|39,983|
||Facilities -Office Rental|51,206|59,146|
||FaciliTies - Cafifi &Catering|44,009|9,459|
||FaciliTies - Sports Pitch Hire|48,757|16,368|
||Client Led Services - Benefit Take Up Campaign|14,635|25,893|
|||291,947|150,848|
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|||YEAR ENDED 31|MARCH 2|022||
|---|---|---|---|---|---|
|3|RESOURCES EKPENDED|Generating|investment|Charitable|Total|
|||Funds|Management|Activities|2022|
|||6|5|6|6|
||Direct costs -Other|54,323|7,284|38,511|100,118|
||Direct costs - Staffing|149,092|964|202,565|352,621|
||Administration
costs|66,324|3,264|39,609|109,197|
||Staffing and related costs|15,148||206,177|221,325|
||Audit and related costs|||8,500|8,500|
||Depreciation|||106,844|1062I44|
||irrecoverable
VAT|||20,955|20,955|
||Total2022|284,887|11,512|623,161|919,560|
|||Generating|Investment|Charitable|Total|
|||Funds|Management|Activities|2021|
|||8|5|8|2|
||Direct costs - Other|30,808|4,861|33,055|68,724|
||Direct costs - Staffing|144,511|37|187,143|331,691|
||Administration
cosh|53,645|3,372|44,476|101493|
||Staffing and related cosh|82||281,214|281,296|
||Audit and related costs|||7,650|7,650|
||Depreciation|||114,004|114,004|
||irrecoverable
VAT|||23,395|23,3$5|
||Total2021|229,046|8,270|690,937|928,253|
|Net outgoing
resources|for the year is stated after charging/crediting:|2022|2021|
|---|---|---|---|
|||6||
|Directors'/Trustees'
emoluments||||
|Depreciation
ofowned|fixed assets|106,844|114,004|
|Unrealised
Gain/(Loss)|on Investments|55,111|284,308|
|Auditor's
remuneration||||
|- as auditor||8,500|7,650|
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|ANALYSIS OFSTAFF NUMBER AND COSTS, TRUSTEE RE
MANAGEMENT
PERSONNEL|ANALYSIS OFSTAFF NUMBER AND COSTS, TRUSTEE RE
MANAGEMENT
PERSONNEL|ANALYSIS OFSTAFF NUMBER AND COSTS, TRUSTEE RE
MANAGEMENT
PERSONNEL|MUNERATION
A|ND EXPENSE|S, AND THECO|
|---|---|---|---|---|---|
|The average monthly head countwas 29staff(2021: 29)|||and the average|number
of full|firne equivalent|
|employees
and workers|(including|casual and part-time)|during the year|were as follows:
2022
2021||
|Number
ofadrniniskative|staff|||21|20|
|Numberofrnanagementstaff||||2|3|
|||||23|23|
|The aggregate
payroll costs ofthe||above were:||2022|2021|
|||||6|6|
|Wages and salaries||||518,344|553,646|
|Social Security costs||||36,926|41,707|
|Employers
Pension Contributions||||13,044|12,728|
|||||568,314|608,082|
##
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|TANGIBLE RXEDASSETS|Freehold|Sports||||
|---|---|---|---|---|---|
|As restated|Property|Pitches|Equipment|Vehicles|Total|
|COST|6|6|6|f|6|
|At 1 April2021|4,056,141|849,307|134,111|0|5,039,559|
|AddiTions|0|0|1,637|9,963|11,600|
|Disposal|0|0|0|0|0|
|At 31 Starch 2022|4,056,141|849,307|135,748|9,963|5,051,159|
|DEPRECIATION||||||
|At 1 April 2021|1,399,906|509,584|118,511|0|2,028,001|
|Charge for the year|68,250|33,972|4,373|249|106,844|
|Impairment|695,258|0|0|0|695,258|
|On Disposal|0|0|0|0|0|
|At 31 March 2022|2,163r414|543,556|122,884|249|2,830,103|
|NET BOOKVALUE||||||
|At31 March 2022|1,892,727|305,751|12,864|9,714|2421,056|
|At 31 March 2021|2)656~235|339)723|15,600|0|3,011,558|
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|9|DEBTORS|||2022|2021|
|---|---|---|---|---|---|
|||||f|6|
||Debtors - Charitable||acbv'ties|37,168|23r475|
||Prepayments|and accrued income||116,681|94,328|
|||||153,849|117A03|
|10|CREDITORS:Amounts||falling due within one year|2022|2021|
|||||6|5|
||Creditors —suppliers|||18,962|19,755|
||Other taxation|and social security||17A77|18,246|
||Other creditors|||4,aat|3,766|
||Accruals and deferred||income|52,906|55,260|
|||||94,336|97,027|
|11|ANALYSIS OFNETASSETS BEIWEEN FUNDS|ANALYSIS OFNETASSETS BEIWEEN FUNDS|Unrestricted|Capital|Total2022|
|---|---|---|---|---|---|
||||5|6|5|
||Fixed Assets||415,305|1,805,751|2,221,056|
||Investments|-Properties|650,000||650,000|
||Investrn ants|- Other|1,498,269||1r498,269|
||Net Current Assets||406,694||405,694|
||||2970268|1)805751|4)776~019|
||||Unrestricted|Capital|Total 2021|
||As restated|||6|6|
||Fixed Assets||425,567|2,585,992|3,011,558|
||Investments|-Properties|650,000||650,000|
||Investmenls|-Other|1,493,159||txt93,159|
||Net Current peseta||440,218||440,218|
||||3,008,943|2,585,992|5,594,935|
##
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|||||||As restated|
|---|---|---|---|---|---|---|
|UNRESTRICTED FUNDS|||||2022|2021|
||||||6|6|
|Balance brought forward|||||1,741,493|1,822,297|
|Net Resources
Expended||before Investment||Revaluations|(87,064)|(215,112)|
|Gain on investments|||||55,111|284,308|
|Transfers
to/from
Restricted Capital Funds|||||(6,722)||
|Transfer from Designated||Fund|||0|50,000|
|Balance carried forward|||||1,702,818|1,741,493|
|DESIGNATED FUNDS|||||2022|2021|
||||||f||
|Sports Pitches|||||140,000|140,000|
|Acklarn
Green Centre|||||573,000|573,000|
|Resource Centre|||||86,000|86,000|
|Houses|||||120,000|120,000|
|V'ehicles|||||10,000|10,000|
|Redundancies|||||20,000|20,000|
|Disposals - Legal Fees|||||10,000|10,000|
||||||959$000|959$000|
|REVALUATION RESERVE|||||2022|2021|
||||||6|5|
|Balance brought forward|||||308r450|3081450|
|Unrealised
Gain/(Loss)|on|Investment|Properdes||||
|Balance carried forward|||||308~50|308r450|
|TOTAL OF UNRESTRICTED||FUNDS|||2.970.268|3,008.943|
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|||YEAR ENDED|31 MARCH 2022||
|---|---|---|---|---|
|RESTRICTED FUNDS|||2022|2021|
||||5|8|
|Balance brought|forward||||
|Funds received|in year||312,191|365,740|
|Expenditure
in year|||(312,191)|(366,740)|
|Balance carried|forward||||
|CAPITAL FUNDS|||2022|2021|
||||f|f|
|Balance brought|forward||2,sss,as2|2,643,724|
|Depreciafion|||(91,705)|(57,732)|
|Impairment|||(695,258)||
|Transfer from/to|Unrestricted|Funds|6,722||
|Balance carried|forward||1,805,751|2,585,992|
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|||||2022|2021|
|---|---|---|---|---|---|
|||||8|K|
|Net income/(expenditure
for the reporting|||period|||
|(as per the statement of financial acthrities)||||(818,916)|11/I64|
|Adjustments
for:||||||
|Depreciation
charges||||106,844|114,004|
|(Gains)/Losses
on|investments|||(55,111)|(284,308)|
|(Gains)/Losses
on|revalutaion|ofFixed Assets||695,258||
|Digdends, interest|and rents from investments|||(106,339)|(112r498)|
|Loss/(profit)
on the|sale offixed|assets||||
|(Increase)/decrease|in stocks|||||
|(Increase)/decrease|in debtors|||(36,046)|91,305|
|Increase/(decrease)|in creditors|||2,691|23,201|
|Net cash provided|by (used in)|operating|activities|217001|156 32|
|ANALYSIS OFCASH AND CASH EQUIVALENTS||||2022|2021|
|||||8|8|
|Cash in hand||||347,181|419/I42|
|No5ce deposits (less than 3months)||||||
|Overdraft
fsciliiy repayable
on demand||||||
|Total cash and cash equivalents||||347181|419442|
|At 31 Mar|ch 2|022, the total minium
lease payments
u|nder non-cancefiable
operating
le|ases were|
|---|---|---|---|---|
||||2022|2021|
||||8|6|
|Amounts|due|within one year|6,520|4.960|
|Amounts|due|in two to five years|11458|9921|
||||17978|14881|
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|PRIOR PERIOD AMUSTMENT|PRIOR PERIOD AMUSTMENT|||||
|---|---|---|---|---|---|
|||||1stApril|31stMarch|
|||||2019|2020|
|Reconciliation
ofUnrestricted||Funds||5|5|
|Funds as previously
reported||||3.296,124|2,513,207|
|Adjusbnsnts
arising||||||
|Freehold
property
depreciation|||||126,540|
|Funds as restated||||3,296,124|2,939747|
|Reconciliation
ofnet income/(expenditure)|||for the previous||2020|
|financial
period|||||f|
|Net expenditure
as previously|reported||||(540,649j|
|Adjustments
arising||||||
|Freehold
property
depreciation|||||126,540|
|Net expenditure
as restated|||||414,109|
|Notes to restatement||||||