## **Hexham & Tynedale Community Trust** ## **Charity No. 1125705** ## **Trustees' Report and Unaudited Accounts** **31 March 2025** **Hexham & Tynedale Community Trust Contents** ||Pages| |---|---| |Trustees' Annual Report|2| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Statement of Cash flows|18| |Notes to the Accounts|9 to 17| |Detailed Statement of Financial Activities|19 to 20| Page 1 ## **Structure, governance and management** ## **Governing Document** Hexham and Tynedale Community Trust is governed by the CIO Constitution, adopted on 10 September 2020. ## **Recruitment and Appointment of Board of Trustees** The Board of Trustees will be appointed at the Annual General Meeting, by proposal, seconded and a vote. All those in the area of benefit and users of the Community Centre are welcome to attend. ## **Trustees Induction and Training** New trustees are supplied with a copy of the Charity Trustees Handbook; additionally, they meet with the Chair of Trustees and senior staff who will cover: - The obligations of the Board of Trustees members - The main documents which set our the operational framework for the charity including the CIO Constitution and the current financial position as set out in the latest published accounts. Future plans and objectives. ## **Risk Management** As part of the Trust’s business and development plan, an assessment was undertaken as to the risks the Trust is exposed to. The Trust has taken a proactive stance to reduce its overall reliance on external funding and to develop a portfolio of funders to further reduce the impact of any one funding stream may incur. A major part of the Trust’s partnership working is to keep the organisation abreast of any strategic, political or legal changes that could influence the charity. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the Centre. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. ## **Organisational Structure** The organisation consists of 6 members of a voluntary Board of Trustees and 17 paid members of staff:- |of staf:-|| |---|---| |Centre Manager|28 hours| |Playgroup Manager|28 hours| |Playgroup Deputy|26 hours| |Finance Administrator|21 hours| |Community Facilitators x 4|hours vary| |Playgroup Practitioners x 8|hours vary| |Morning Caretaker|15 hours| Page 2 ## **Related Parties** The Playgroup is run under the umbrella of Hexham and Tynedale Community Trust, has its own bank account, policies and procedures. It has capacity for 24 children per session, 45 children on the roll and runs weekdays during term time, 9am until 3pm. ## **Objectives and activities** inhabitant with Hexham and surrounding district, with the provision of facilities in the interests of social welfare for recreation, leisure-time occupation and with the object of improving the conditions of life for the said inhabitants. Hexham Community Centre, Playgroup and various groups are run by the Centre for the community. We also provide reasonable cost offices and rooms to hire for a variety of Charitable, Community and Voluntary organisations. ## All our charitable activities are undertaken to further our charitable activities for the public benefit, with an explicit focus on tackling the issues of social isolation and rising poverty. The committee have had regard to the Charity Commissions guidance of public benefit throughout the year when deciding on the activities of the charity. ## **Achievements and performance** This year we have continued to grow our existing group activity and introduce new activity, focussing on providing more opportunities for older people to socialise and get active and providing low cost or free activity for families. All activities were well supported with over 4000 people attending charitable sessions at the Centre. The Centre continues to operate with a high degree of efficiency. The Business Hub is thriving with the return to full capacity in 2024/25. 6 charitable organisations called the Community Centre home in 2024/25 including critical services such as Citizens Advice Bureau and Hexham Youth Initiative. The Playgroup operates at near 100% capacity and offers a high standard of education for nursery school children. Our main funding priorities this year were project based, maintaining the expansion of our Warm Welcome programme to offer more charitable activity for more people, throughout the year. We have been supported by various grant giving charities and authorities, who recognise the great work we do. Our acknowledgement and thanks go to them for their ongoing support. In the forthcoming year we are excited to build on our position of stability to further our role as a community hub for the new challenges of increasing social isolation and more members of our community struggling with the increasing cost of living. We are also investing in a number of Page 3 energy efficiency initiatives and aesthetic upgrades to our building to enable it to continue to be a pleasant and sustainable community asset. ## **Financial Review** The Charity remains grateful for the help and support given by government agencies, charitable trusts, private giving and other sources. Results for the year are shown on page 7. The charity generated a total income of £311,264 in the year. ## **Grants Received** I gratefully acknowledge the following grants received this year: EGGER (UK) Limited Energy Fund Investment Hexham Town Council Karbon Homes Northern Powergrid (via Community Foundation North East) Sir James Knott Trust Waitrose Foundation The 1989 Willan Charitable Trust (via Community Foundation North East) ## **Grant Making Policy** The charity does not give out grants and as such has no grant making policy ## **Investment Policy** The charity holds no investments and as such has no investment policy. ## **Reserves Policy** The Trust’s policy is to establish unrestricted reserves sufficient to cover running costs for several months ahead, and the emphasis is on a continual process of careful financial management and to invest reserves to optimise income wherever possible. The current level of unrestricted reserves represents approximately 4 months running costs. The trustees’ annual report was approved on 24 November 2025 and signed on behalf of the board of trustees by S. Ball. Page 4 **Hexham & Tynedale Community Trust Trustees Annual Report** Hexham Community Centre The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. 1125705** ## **Trustees** The following trustees served during the year: S. Ball L. Hare O. Lovett K. Norman T.W. Pearson A. Reed ## **Accountants** Accounting for Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne Tyne and Wear NE21 5BT ## **Statement of trustees' responsibilities in relation to the financial statements** The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity's trustees S. Ball Trustee 24 November 2025 Page 5 **Hexham & Tynedale Community Trust Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Hexham & Tynedale Community Trust** I report to the trustees on my examination of the financial statements of Hexham & Tynedale Community Trust for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of FFA FTA. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Kay Wightman FFA FTA Accounting for Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne Tyne and Wear NE21 5BT 24 November 2025 Page 6 ## **Hexham & Tynedale Community Trust Statement of Financial Activities** ## **for the year ended 31 March 2025** |**Notes**
3
4
5
6
7
8
9
10
**Income and endowments**
**from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**| |---|---|---|---|---| ||**2025**|**2025**|**2025**|**2024**| ||**£**|**£**|**£**|**£**| |||||| ||20,151|-|20,151|14,753| ||148,298|22,312|170,610|207,042| ||22,214|-|22,214|20,160| ||1,758|-|1,758|24| ||96,531|-|96,531|91,550| ||288,952|22,312|311,264|333,529| |||||| ||13,514|8,213|21,727|17,444| ||258,773|18,613|277,386|279,084| ||272,287|26,826|299,113|296,528| ||-|-|-|-| ||16,665|(4,514)|12,151|37,001| ||(173)|173|-|-| ||16,492|(4,341)|12,151|37,001| |||||| ||16,492|(4,341)|12,151|37,001| |||||| ||53,071|1,145,432|1,198,503|1,161,502| ||69,563|1,141,091|1,210,654|1,198,503| |||||| |||||| |||||| Page 7 **Hexham & Tynedale Community Trust Balance Sheet** ## **at 31 March 2025** |**Charity No. 1125705**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors:**Amount falling due within one year
14
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
**Unrestricted funds**
15
General funds
**Reserves**
15
**Total funds**|**2025**
**£**
1,064,497
1,064,497
3,653
145,219
148,872
(2,715)
146,157
1,210,654
1,210,654
1,210,654
1,141,091
1,141,091
69,563
69,563
1,210,654|**2024**
**£**
1,073,897| |---|---|---| |||1,073,897
8,037
118,102| |||126,139
(1,533)| |||124,606
1,198,503| |||1,198,503| |||1,198,503| |||1,145,432| |||1,145,432
53,071| |||53,071| |||1,198,503| Approved by the trustees on 24 November 2025 And signed on their behalf by: S. Ball Trustee 24 November 2025 Page 8 **Hexham & Tynedale Community Trust Notes to the Accounts** ## **for the year ended 31 March 2025** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. - Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 9 **Hexham & Tynedale Community Trust Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Office Eqipment 10% Reducing Balance Fixtures & Fittings 10% Straight Line ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Page 10 **Hexham & Tynedale Community Trust Notes to the Accounts** ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised 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 measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as 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 charity in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. Page 11 **Hexham & Tynedale Community Trust** ## **Notes to the Accounts** ## 2 **Statement of Financial Activities - prior year** |2|**Statement of Financial Activities - prior year**||||||| |---|---|---|---|---|---|---|---| |||||**Unrestricted**||**Restricted**|| |||||**funds**||**funds**|**Total funds**| |||||**2024**||**2024**|**2024**| |||||**£**||**£**|**£**| |**Income and endowments from:**|||||||| ||Donations and legacies|||14,753||-|14,753| ||Charitable activities|||-||207,042|207,042| ||Other trading activities|||20,160||-|20,160| ||Investments|||24||-|24| ||Other|||91,550||-|91,550| |**Total**||||126,487||207,042|333,529| |**Expenditure on:**|||||||| ||Charitable activities|||-||17,444|17,444| ||Other|||123,579||155,505|279,084| |**Total**||||123,579||172,949|296,528| |**Net income**||||2,908||34,093|37,001| |Transfers between funds||||42,636||(42,636)|-| |**Net income before other**
**gains/(losses)**||||45,544||(8,543)|37,001| |**Other gains and losses:**|||||||| |**Net movement in funds**||||45,544||(8,543)|37,001| |**Reconciliation of funds:**|||||||| |Total funds brought forward||||7,527||1,153,975|1,161,502| |**Total funds carried forward**||||53,071||1,145,432|1,198,503| |3|**Income from donations and legacies**||||||| |||||**Unrestricted**||**Total**|**Total**| |||||||**2025**|**2024**| |||||**£**||**£**|**£**| ||Unrestricted Grants|||20,151||20,151|14,753| |||||20,151||20,151|14,753| |4|**Income from charitable activities**||||||| |||**Unrestricted**||**Restricted**||**Total**|**Total**| |||||||**2025**|**2024**| |||**£**||**£**||**£**|**£**| ||Restricted Grants|-||22,312||22,312|89,699| ||Other Charitable Activites|148,298||-||148,298|117,343| |||148,298||22,312||170,610|207,042| Page 12 **Hexham & Tynedale Community Trust** ## **Notes to the Accounts** ## 5 **Income from other trading activities** |Fundraising
Centre Sundries
6
**Income from investments**
Bank Interest
7
**Other income**
Rents
Lets
8
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Other Charitable Activites
_Governance costs_|**Unrestricted**
**£**
13,514
13,514|**Unrestricted**
**£**
1,255
20,959
22,214
**Unrestricted**
**£**
1,758
1,758
**Unrestricted**
**£**
47,884
48,647
96,531|**Total**
**2025**
**£**
1,255
20,959
22,214
**Total**
**2025**
**£**
1,758
1,758
**Total**
**2025**
**£**
47,884
48,647
96,531|**Total**
**2024**
**£**
3,492
16,668| |---|---|---|---|---| |||||20,160| |||||**Total**
**2024**
**£**
24| |||||24| |||||**Total**
**2024**
**£**
45,464
46,086| |||||91,550| |||||| |||**Restricted**
**£**
8,213
8,213|**Total**
**2025**
**£**
21,727
21,727|**Total**
**2024**
**£**
17,444| |||||17,444| Page 13 **Hexham & Tynedale Community Trust Notes to the Accounts** 9 **Other expenditure** |Employee costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
10 **Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
11 **Staff costs**
Salaries and wages
Social security costs
Pension costs
No employee received emoluments in excess
12 **Tangible fixed assets**
**Land and**
**buildings**
**£**
**Cost or revaluation**
At 1 April 2024
1,000,000
Additions
-
At 31 March 2025
1,000,000
**Depreciation and**
**impairment**
At 1 April 2024
-
Depreciation charge for the
year
-
At 31 March 2025
-
**Net book values**
At 31 March 2025
1,000,000
At 31 March 2024
1,000,000|**Unrestricted**
**£**
200,409
33,086
9,814
10,357
5,107
258,773
of £60,000.|**Restricted**
**£**
15,405
3,208
-
-
-
18,613
**2025**
**£**
9,814
**2025**
207,292
4,370
3,399
215,061|**Total**
**2025**
**£**
215,814
36,294
9,814
10,357
5,107
277,386
**Fixtures &**
**Fittings**
**£**
96,256
414
96,670
26,635
9,666
36,301
60,369
69,621|**Total**
**2024**
**£**
188,955
66,996
9,789
12,000
1,344| |---|---|---|---|---| |||||279,084| |||||**2024**
**£**
9,789
**2024**
180,649
3,358
3,701| |||||187,708| |||||**Total**
**£**
1,120,734
414| ||**Office**
**Eqipment**|**Canopy**||| ||**£**
21,678
-
21,678
20,202
148
20,350
1,328
1,476|**£**
2,800
-
2,800
-
-
-
2,800
2,800||| |||||1,121,148| |||||46,837
9,814| |||||56,651| |||||1,064,497| |||||1,073,897| Page 14 **Hexham & Tynedale Community Trust Notes to the Accounts** ## 13 **Debtors** |13 **Debtors**||| |---|---|---| |Trade debtors
Other debtors
14 **Creditors:**
amounts falling due within one year
Other taxes and social security
Other creditors
Accruals|**2025**
**£**
3,603
50
3,653
**2025**
**£**
2,070
(856)|**2024**
**£**
7,987
50| |||8,037| |||**2024**
**£**
393
-| ||1,501|1,140| ||2,715|1,533| Page 15 **Hexham & Tynedale Community Trust Notes to the Accounts** ## 15 **Movement in funds** |**Movement in funds**|||||| |---|---|---|---|---|---| ||**At 1 April**
**2024**
1,124,988
2,652
10,374
3,563
-
2,497
1,358
-
1,145,432
53,071
1,198,503|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
-
-
9,280
-
2,567
3,950
-
6,515
22,312
288,952
311,264|**Resources**
**expended**
**£**|**Gross**
**transfers**
**£**
-
-
-
-
173
-
-
-
173
(173)
-|**At 31**
**March**
**2025**
**£**
1,124,988
2,652
3,827
2,695
152
4,919
1,358
500| |**Restricted funds:**
**Restricted income funds:**
Restricted Funds
Capital Fund - Boiler
Warm Spaces
Garden
Childrens' Activities
Luncheon Club, Events &
Tuesday Tea
Carpet Bowls
Salary Contribution &
Building Costs
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|||||| ||||-||| ||||-||| ||||(15,827)||| ||||(868)||| ||||(2,588)||| ||||(1,528)||| ||||-||| ||||(6,015)||| ||||(26,826)
(272,287)
(299,113)||| ||||||1,141,091| ||||||69,563| ||||||1,210,654| Purposes and restrictions in relation to the funds: |Restricted funds:|| |---|---| |Restricted Funds|Playgroup Fees & Other Grants| |Capital Fund - Boiler|Cost toward boiler| |Warm Spaces|Grant toward warm spaces| |Garden|Grant towards the cost of a new garden and play area for the Playgroup| |Childrens' Activities|After school & summer holiday| |Luncheon Club, Events &|Grants toward luncheon club, Christmas Day & Tuesday Tea costs| |Tuesday Tea|| |Carpet Bowls|Grant toward capital equipment for carpet bowls| |Salary Contribution &|Salary Contribution & Building Costs| |Building Costs|| ## 16 **Analysis of net assets between funds** |Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
1,064,497
146,157
1,210,654|**Total**
**£**
1,064,497
146,157| |---|---|---| |||1,210,654| Page 16 **Hexham & Tynedale Community Trust Notes to the Accounts** ## 17 **Reconciliation of net debt** |17 **Reconciliation of net debt**|||| |---|---|---|---| |Cash and cash equivalents
Net debt|**At 1 April**
**2024**
**£**|**Cash flows**
**£**|**At 31**
**March**
**2025**
**£**| ||118,102|27,117|145,219| ||118,102
118,102|27,117
27,117|145,219| ||||145,219| ||||| |18 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases
**2025**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the charity
amounted to:|are as follows:
**2025**
**Other**
**£**
**2025**
**£**
3,399|**2024**
**Land and**
**buildings**
**£**|**2024**
**Other**
**£**
**2024**
**£**
3,701| Page 17 **Hexham & Tynedale Community Trust Statement of Cash flows** **for the year ended 31 March 2025** |**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
Increase/(Decrease) in trade and other payables
**Net cash used in operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2025**
**£**
12,151
9,814
(98,289)
4,384
1,182
(70,758)
(414)
98,289
97,875
-
27,117
118,102
145,219|**2024**
**£**
37,001
9,789
(91,574)
(3,072)
(658)| |---|---|---| |||(48,514)
(42,636)
91,574| |||48,938| |||| |||-| |||| |||424| |||117,678| |||118,102| |||| |**Components of cash and cash equivalents**||| |Cash and bank balances|145,219|118,102| |||| ||145,219|118,102| Page 18 **Hexham & Tynedale Community Trust Detailed Statement of Financial Activities** ## **for the year ended 31 March 2025** |**Income and endowments from:**
Donations and legacies
Unrestricted Grants
Charitable activities
Restricted Grants
Other Charitable Activites
Other trading activities
Fundraising
Centre Sundries
Investments
Bank Interest
Other
Rents
Lets
**Total income and endowments**
**Expenditure on:**
Charitable activities
Other Charitable Activites
**Total of expenditure on charitable**
**activities**
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Staff welfare
Premises costs
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance|**Unrestricte**
**d funds**
**2025**
**£**
20,151
20,151
-
148,298
148,298
1,255
20,959
22,214
1,758
1,758
47,884
48,647
96,531
288,952
13,514
13,514
13,514
191,887
4,370
3,399
193
560
200,409
15,341
2,789
4,885
5,864|**Restricted**
**funds**
**2025**
**£**
-
-
22,312
-
22,312
-
-
-
-
-
-
-
-
22,312
8,213
8,213
8,213
15,405
-
-
-
-
15,405
2,340
-
-
868|**Total funds**
**2025**
**£**
20,151
20,151
22,312
148,298
170,610
1,255
20,959
22,214
1,758
1,758
47,884
48,647
96,531
311,264
21,727
21,727
21,727
207,292
4,370
3,399
193
560
215,814
17,681
2,789
4,885
6,732|**Total funds**
**2024**
**£**
14,753| |---|---|---|---|---| |||||14,753| |||||89,699
117,343| |||||207,042| |||||3,492
16,668| |||||20,160| |||||24| |||||24| |||||45,464
46,086| |||||91,550| |||||333,529
17,444| |||||17,444| |||||17,444
180,649
3,358
3,701
927
320| |||||188,955| |||||18,172
1,990
5,077
39,005| Page 19 ## **Hexham & Tynedale Community Trust** ## **Detailed Statement of Financial Activities** |Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of Office Eqipment
Depreciation of Canopy
Depreciation of Fixtures &
Fittings
Bad debts
Bank charges
Equipment expensed
Equipment leasing and hire
charges
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Consultancy fees
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|4,207
33,086
148
-
9,666
1,209
482
196
2,451
1,395
1,016
1,676
1,932
20,171
1,500
360
3,247
5,107
258,773
272,287
-
16,665
(173)
16,492
-
16,492
53,071
69,563|-
3,208
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
18,613
26,826
-
(4,514)
173
(4,341)
-
(4,341)
1,145,432
1,141,091|4,207
36,294
148
-
9,666
1,209
482
196
2,451
1,395
1,016
1,676
1,932
20,171
1,500
360
3,247
5,107
277,386
299,113
-
12,151
-
12,151
-
12,151
1,198,503
1,210,654|2,752| |---|---|---|---|---| |||||66,996| |||||164
-
9,625
1,953
339
-
1,716
1,401
2,182
1,234
3,175| |||||21,789| |||||1,140
204
-| |||||1,344| |||||| |||||279,084| |||||296,528
-| |||||37,001
-| |||||37,001
-| |||||37,001| |||||1,161,502| |||||1,198,503| Page 20