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2023-03-31-accounts

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

RUST for the purp oses
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
Helen Dudiack 04.02.2020
Michael Barber 09.11.2021

Unresticted Restricted Capital Total Total
Note Funds Funds Funds 2023 2022
Income from:
Donations
and legacies
Donations
Income from Charitable
activities
Grants received 2a 267,417 267,417 312,191
Contracts 2b 1,650 1,650 26,350
Income from other trading activities
Actmities
for generating
funds		 2c 360,979 360,979 291,947
Rental income 45,000 45,000 45,000
Income from Investments
Interest receivable
and similar income		 62,630 62,630 61,339
Other income
Other Income 2,904 2,904 1,960
Total income 473,163 267,417 740,580 740,792
Expenditure:
Expenditure
on Raising funds		 323,683 14,922 338,805 284,888
Expenditure
on Investment		 Management 16,960 16,960 11,512
Expenditure
on Charitable		 Activities 239,895 252,495 91,705 584,095 623,161
Total expenditure 580,738 267,417 91,705 939,860 919,561
Net gains/(losses)
on investments		 12 (121,405) (121,405) 55,111
Net gains/(losses)
on investment		 properties 12 60,000 80,000
Net income/(expenditure) (148,980) (91,705) (240,685) (123,658)
Other recognised
gains/(losses):
Net gains/(losses)
on impairment		 offixed assets 14 (695,258)
Net gains/(losses)
on disposal of		 fixed assets 12 7,402 7,402
Net movement
in funds		 (141,578) (91,705) (233,283) (818,916)
Reconciliation
offunds:
Balance at 1' Apnl 2022 2,970,266 1,805,751 4,776,019 5,594,935
Balance at 31e March 2023 2,828,690 1,714,046 4,542,736 4,776,019
The notes on pages 28to 39 form part ofthese accounts.

Note 2023 2022
Fixed Assets 6 6
Tangible assets 2,094,923 2,221,056
Property investment 730,000 650,000
Investment
-Schroders		 1,376,864 1,498,269
Total Fixed Assets 4,201,787 4,369,325
Current Assets
Debtors 78,335 153,849
Cash at bank and in hand 397,617 347,181
Total Current Assets 475,952 501,030
Liabilities
Creditors
falling due within one year		 10 (135,003) (94,336)
Net current assets 340,949 405,694
Net Assets 4,542,736 4,775,019
The funds ofthe charity:
Unrestricted
income funds
General
Funds		 12 1,865,523 1,702,818
Designated
Funds		 12 574,717 959,000
Revaluation
Reserve		 12 388,450 308,450
Total Unrestricted Funds 2,828,690 2„970,268
Restricted Income Funds 13
Restricted Capital Funds 14 1,714,046 1,805,751
Tote Icha rity funds 4442,736 4,776,019

Note 2023 2022
6 6
Cash flows from operating
activities;
Net cash provided
by (used in) operating		 activities (82,590) (217,001)
Cash flows from investing
activities:
Dividends,
Interest and rents from investments		 107,630 106,339
Proceeds from the sale ofproperty,
plant		 and equipment 28,796
Purchase
ofproperty,
plant and equipment		 (3,400) (11,600)
Proceeds from disposal ofmvestments 50,000
Net cash provided
by (used in) investing		 activities 133,026 144,739
Increase (decrease)
in cash and cash equivalents		 in the year 50,436 (72,262)
Cash and cash equivalents
at the beginning		 ofthe year 347,181 419,442
Total cash and cash equivalents
at the end		 ofthe year 19 397,617 347,181

nco me from charitable
activ		 ities
2a GRAMS RECEIVABLE 2023 2022
f
National
Lottery Community
-		 Climate Action Fund 74,752 67,109
National
Lottery Communiiy-Our		 Bright Future Fund 2,316
National
Lottery Community-		 Help Through Cnsis Fund 19,339 22,806
National
Lottery Heritage - Green		 Recovery Challenge Fund 11,830
European
Social Fund		 - Youth Employment Initiative 106,704 121,977
European Soaal Fund —Community Grant 9,351 1,081
Tees Valley Combined Authority- Youth Employment Initiative 20,903 41,876
Tees Valley Combined Authority- Multiply Fund 480
HMRC
—Job Retention		 Scheme 4,809
DWP —Kickstart 14,922 20,049
Youth Endowment
Fund		 11,014 6,185
Teesside
University		 5,000
Middlesbrough
Council		 2,440 1,283
Other Grants 2,512 10,870
267,417 312,191
The grants received were the only restricted Income received in 2023 and 2022
2b CONTRACTS 2023 2022
f f
Client Led Seruces - Work ITOut 1,650 28,350
1,650 28,350
This contract ended
m		 July 2022.
com e from other trading activities
Zc ACTIVITIES FORGENERATING FUNDS 2023 2022
f f
Facilities
—Room Hire		 170,991 133,340
Famlities
—Office Rental		 57,540 51,206
Facilities - Cafe &Catenng 71,846 44,009
Facilities -Sporls Pitch Hire 51,092 48,757
Client Led Services - Benefit Take Up Campaign 9,510 14,635
360,979 291,947

YEAR ENDED 31 MARCH 2 023
RESOURCES EXPENDED Generating Investment Charitable Governance Total
Fundsf Management
6		 Activities Costs
5		 2023
Direct costs - Other 68,856 14,070 25,528 108,454
Direct costs - Staffing 173,852 242 175,828 349,922
Administration
costs		 86,641 2,648 35,025 110 124,424
Staffing and related costs 9,456 200,2'I9 3,763 213,438
Audit and related costs 7,650 7,650
Depreaation 108,139 108,139
Irrecoverable
VAT		 27,833 27,833
Total2023 338,805 16,960 572,572 11,523 939,860
Generating Investment Charitable Governance Tote I
Funds Management
5		 Activities Costs
f		 2022
5
Direct costs - Other 54,323 7,284 38,511 100,118
Direct costs - Stafling 149,092 964 202,565 352,621
Admimstration
costs		 66,324 3,264 39,528 81 109,197
Staffing and related costs 15,148 202,445 3732 221,325
Audit and related costs 8,500 8,500
Depreciation 106,844 106,844
Irrecoverable
VAT		 20,955 20,955
Total2022 284,887 11,512 610,848 12,313 919,560

Net outgoing
resources		 for the year is stated after charging/crediting: 2023 2022
5
Directors'/Trustees'
emoluments
Depreciation
ofowned		 fixed assets 108,139 106,844
Unrealised
Gain/(Loss)		 on Investments (121,405) 55,111
Auditor's
remuneration
as auditor 7,650 8,500

The average monthly head count was 27 staff (2022:29) monthly head count was 27 staff (2022:29) monthly head count was 27 staff (2022:29) and the average number offull time equivalent offull time equivalent
employees and workers (including casual and part-time) during the year were as follows:
2023 2022
Number
ofadministrative		 staff 20 21
Number
ofm an agem ant		 staff 2 2
22 23
The aggregate
payroll costs ofthe		 above were: 2023 2022
Wages and salaries 511,637 518,344
Social Security costs 37,092 36,926
Employers Pension Contnbutions 11,789 13,044
corn 560,518 568,314

9 DEBTORS 2023 2022
5 f
Trade Debtors 31,214 37,168
Prepayments and accrued income 47,121 116,681
78,335 153,849
10 CREDITORS:Amounts falling due within one year 2023 2022
f 6
Trade Creditors 27,056 18,962
Other taxation and social security 27,348 17,477
Other creditors 4,404 4,991
Accruals
and deferred		 income 76,195 52,906
135,003 94,336
11 ANALYSIS OF NET ASSEI'S BETWEENFUNDS ANALYSIS OF NET ASSEI'S BETWEENFUNDS Unrestricted Capital Total 2023
6 5 5
Fixed Assets 380,877 1,714,046 2,094,923
Investments —Properties 730,000 730,000
Investments —Other 1,376,864 1,376,864
Net Current Assets 340,949 340,949
2,828,690 1,714,046 4,542,736
Unrestricted Capital Total2022
5 6 5
Fixed Assets 415,305 1,805,751 2,221,056
Investments - Properties 650,000 650,000
Investments - Other 1,498,269 1r498,269
Net Current Assets 406,694 406,694
2,970,26& 1,805,751 4,776,019

UNRESTRICTED FUNDS 2023 2022
f
Balance brought forward 1,702,818 1,741,493
Net Resources
Expended		 before Investment Revaluations (107,575) (87,064)
Gain/(Loss)
on investments		 (121,405) 55,111
Gain/(Loss)
on sale offixed assets		 7,402
Transfers
to/from
Restricted Capital Funds		 (6,722)
Transfer from Designated Fund 384,283
Balance carried forward 1,865,523 1,702,818
DESIGNATED
FUNDS		 2023 2022
5
Sports Pitches 284,717 140,000
Acklam Green Centre 110,000 573,000
Resource Centre 35,000 86,000
Houses 100,000 120,000
Vehicles 10,000
Redundancies 10,000 20,000
Disposals - Legal Fees off 35,000 10,000
574,717 959,000
REVALUATION
RESERVE		 2023 2022
5 5
Balance brought forward 308,450 308,450
Unrealised
Gain/(Loss)		 on Investment Properties 80,000
Balance carried forward 388,450 308,450
TOTAL OFUNRESTRICTED FUNDS 2,828,690 2,970,268

13 RESTRICTED FUNDS 2023 2022
5 F
Balance brought forward
Funds received in year 267,417 312,191
Expenditure
in year		 (267,417) (312,191)
Balance earned forward
14 CAPITAL FUNDS 2023 2022
6 6
Balance brought forward 1,805,751 2,585,992
Depreciation (91,705) (91,705)
Im pa irm ant (695,258)
Transfer fromfto Unrestricted Funds 6,722
Balance carried forward 1,714,046 1,805,751

2023 2022
5
Net income/(expenditure
for the reporting		 period
(as per the statement
offinancial activities)		 (233,283) (818,916)
Adjustments
for:
Depreciation
charges		 108,139 106,844
(Gains)/Losses
on		 investments 41,405 (55,111)
(Gains)/Losses
on		 revalutaion ofFixed Assets 695,258
Dividends,
interest		 and rents from investments (107,630) (106,339)
Loss/(profit)
on the		 sale offixed assets (7,402)
(Increase)/decrease in debtors 75,514
Increase/(decrease) in creditors 40,667
Net cash provided by (used in) operating activities (82,590) (178,264
ANALYSIS OFCASH AND CASH EQUIVALENTS 2023 2022
6 6
Cash in hand 227,617 262,181
Notice deposits (less than 3 months) 170,000 85,000
Total cash and cash equivalents 397,617 347,181

2023 2022
f 6
Amounts due within one year 6,700 6,520
Amounts due over one year 4,938 11,458