Chatlty regtratIon number 1127388 Company rngi$tration numb•r 067S6641 (England and Wales) EDBERTS HOUSE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
EDBERTS HOUSE LEGAL AND ADMINISTRATIVE INFORMATION CK•y SB McGuinness A Cherry JM Bamard IAP Slirrup PD Cass AHe (Appointed 11 OL*ob 20231 CharSty nw?ber 1127388 Company number 0671 R•glsl•r•d offic• 17- 19 Sl. EdnMKMfs tkne Gatesheal Tyne artd Wè Eroland NE10 9AE Audltor Robson LaiderAA?rt3nts knmrt JeSd Newca$e Lpon Ty Tyne W4ear EnaTrd NE2 1TJ Bank Unty Trust Bw Nine BnndkyrAaca Bimiirwm 81 2HB
EDBERTS HOUSE CONTENTS Page Tru5tees' repwt IndeFendent wdrtorfs report 9-11 ststement of fInala1 avits 12-13 Bala( sheet 14 slatnettI oTeash IkyA*s 15 Notes to Ihe fmancial statemgnts 16-25
EDBERfs HOUSE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees, wl¥) aL%o 1Swed¢ys of the thnty lor the purposes ol Iha Companies Acl 2(MA. present the annual report finanual siatwnenls tor ended 31 2024. The finanrAal 5talemenls have beerb prepared In awrdance with Ihè acujunting poliae5 sèt ¢yJi In note 1 to Ihe financwl statements and comply wrth th8 chaFFly's rnl9 document. the Companies Act 21XJ6 and 'Accouril1r and Reporting by Charilies. Statement ot Recommended Praclte aKWifjable to charities pièpariiig thew accounts in awdance wrth Fitwwial Report9 Standard ap1¢Able m lh8 UK Republic ol Iieland IFRS 1021 (effective 1 January 20191" Obièetlvfrs and aclivitie• The objethves ol the Charity aTe set out 7•nlhin Ihp klemorandLWn oIAssocAation which are. -Tu develcp Ihe capacity ol tho socially and econ(Miiulty disadvantaged members of the mmunitY ih such a way thai they are better able lo wjeiilify and help meet Iheii rd$ and lo pathpate fulty In society -The rothef ol unempk>ym8nt amongsl members ol tr commuThty in sh ways as fflay be thoughl fft. indudng ssislafice lo find empk)ymenl -To prowde or assist bl the provTr4on ol I1"tS in Ihe Interes15 01 soojal welfare lo¥ iecrealwjn or other such le15ure Ixne occupalKJn5 by mem1¥$ ¢)1 Ihe community who have need ol such laoliknes by 8$on of Ihwy ytsulh. age. Inlimiily or disabLIty financtal har(Iship Of socjal cKoJmstsnces wilh Ihè obpcl of Iwoving their condition of Iile. an .To promote Ihe w)d health anil Ibe1rj of al membw5 oTthè comnmmty. Publle b•n•frt All ovr a¢liwties are undertaken for tF* benefrf ol our lo¢ (xmnmunrty and the trustèès continuously cunsider the Charity ComTnissm ad¥é on publi bènefit. Al ow aclwilies ale about encoura9in9 health Welfa and recreation lo Ihose who are disadvantaged some way and those of ieslriGted means Attess lo our la¢ilitie$ arid 5er¥ices is either al nil or h)w cost to ensure the wKle510l pwbtspatrt by mejnbefs of our mmu1)Ity.
EDBERT'S HOUSE TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT) ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Achiov9mqnis and p•rfomian Charftable A¢U¥ittes Thank y1 V9ry nTiJclJ foryouihelp we d1 even exiiecl Il Youtre donp a If)f lor uiir (IAiJghlpr, noY/,Yh8 ¢Jn .slixly LJIFfftrty arnl nor bo ne¥vCV o1)01rt S¢1K¥ We aTr very for you ltsr11?Is help" .1 am slowly settliiw into iyiy no>w hthiie 11 is vt>ryI)oacofi. I hav9 a lo¥•ty 560 llITT91S and lols olbirds daily. Most inwrtonely of .Ill Tiny tlje catloves I. on I1 bakony iii the sliiishine If fiiiy is IHppy Iliei) so 8ni l. Thèiiks so iiJLILlI lor all yipJJr &iiwrt- l am lo a new start for ine and nTySOn." "Yoii havo bggn IheTr lor rne IIuDutyJ tluck anLI lth'n, afways happy to leijd an earano to ljel) w17LYe you could. The benekS1 tly$ rs I tkni'l go fo Ihts do¢tOfS I4yEhIg (therfftan physal}bleffl$ and nd8"0S Tlus is a truty fryondtsrful YAvch l nn¢praIS8 efft>twh." Edbewls HoLtse is all )iJl people, and lyjikling Iwkxer heahf. friendker CommunitS. aThJ we have been delighted over past year to have been at4e lo suppNt mcffe Fwle Ilw befoio. fe¢eMrvJ11rt5 01 posrfive feedback. Our charrtatAe a¢tiMiS are delwed ty Ihfee teams. woth w) w inle9raled way to suKyxt ynmunities.. - Community n"11g Pfopd Isooal Piesthts"ngl Gateshead Pnrnary Ce palients supported around the non-clinl issues Ihal are affectry Iheir health and well bein9 Heamh Equly.. ProactNety uealing sul$ to hoahh wwualitiP3 parluil•ty v551 on area5 of hi 5tatisbcal deprNatM>n or on groups of pe who expelw hèallh inequalib.es Commvnrty Delopment and Eiigagement Icommunity HSe$l ¢xJr four communrty l¥)uses arg run by 51eeiing groups ol local people. a1 offer k)ts ol fifft xItties. as well as voknftie@rin9 and trairiing OpportunitS. access lo surplus Ict41. adwce arKI guidance Throuyhoul Ilie Iinanci31 year. we havo I(oWed tW pri0"eS to PfOVKlp thè basès of cx>nt¥)U0 impfovemei?I delivering our aims an(J W'ecti¥es. These ¢". - Data and Quality Finanal sustainabty Staff Welbeing Data and Quality Edberis House chose dala and qualrty as one DI tlE key we35 of Strateg foTrJs in the financwl year as our growth rÈqiiir8d us lo take morè meaningfvl measures of our mpact on the ccxnmunils and Indiwduals we serve. During the fnancial year. a new rok wilhin the organiSat was uéated. that of Exèculivè Assistarii and 8usiness Mafiager. One ol the key tasks ol Ih15 role was lo Ydenlify gaps and quality inprovemt opportUn.S in inlema Pfoeesses arml Systèms and rJeate sifyamlined sohjlions IIT and human based} lo Im6 cwatlcal eIrKCY. impact evaluatTr. arid monrtoring." The post was fild by an inlernal promotion and has WCMYuced sHJnificwl and welo)me walrtalive and guanliialive impfovemenls In rnanagemenl"s mor4loring and ur)defslanding ol key operational ¢JJipuls and outcomes. In the Cnmmijnily Lmking Project. arN)nymised data has teen uploaded from patieni records lo create a tool lo monFtor the nufflber of palienl referras arKI the issue5 that tl¥)5e fefefrals encompas5. Figwe 1 Is an eyample of an èxtract from a regular report to the Board. provths a snapshot of the caseload carne(J by our staff as well as h*3hlhtlrvJ the heath determinant5 whKh tt)e referrals are tmnwg f(Thard.
EDBERT'S HOUSE TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Fl9urt l - Support provid•d ty Soclal Presciibing Link Worf¢ern Juty 23 to Mar¢h 24 llll-l.-l. 257 2611 Qualtstive monitoring is assisted by our "HLW AJ¢ You IHAYI Tool. by whith mi101. interim and final measurernents are taken o( the degree to whith patnls are discomforted by the heath detèrminants. Figurè 2 shows a chart whith SUMMSe$ kLAY T(A tpUtS over the period June 2023 lo Apr 2024. The lines n i chart shtrw the average score lor each heamh delermwiant assessed at the beginning of referral Idatk blue line- initial 3ssessment} and at an Inl¥rim stage belween referral ar fvlfilmenl (lighter blue ffin8- reviews). Inilial reVW averages 5hv+W) a a Sample ol 859 indrwdual Inth"al assessmènts and 255 reviews. rhe htghu the posrtion on the y.axis. the more Ihe partuilaf health determinant 155ue b)thers the patient. The chart in Flgure 2 demonsirales that the most wominent concems of paIntS referred are emotional wo11)eing physical heallh, but 5unificanl Improvement is mea$ured acxoss all detemNnants because of Iho mtmnlions a3*$tan provided by Ihe social pfescrthrs. In total, the Community lkry Proiecl P¥OVKled wewbir#J seNices b o¥ef 3.2Tr) indNiJJal pattmts li 2023r24. aft increase of about 12°A ovei 2022r23 WTth htty fthyer r¥wces. Figure 2- ChArt ¢)f HAY Tool Averng¢ $108 for Pauofvts SaMpd 0¥gr Juné 2023 to April 2024. COMPARISOP4 OF AVERAGE
EDBERfs HOUSE TRUSTEES. REPORT (INCLUDING OIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 In relation to Health Equ11y, a purèty sla11stal awoach does not gNè An at¢uraie depi"on of the effectiveness ol tlie work, as 1115 general k)ngei lefm and hands on, invdwng fewer indNKluals. For the Children. Young PeOe and Families Team ICYPFI. w(ykirKJ In Galeshead East PCN Area $milar d31a 15 wlleded to pvIde informalioii on Ihe types of isSS laced by they pabenls. and here data shows thè locus is vèry much on supporting and suslamit)g the lamAs Invdved. a3 sFK)wn In the thart FUre 3. In total trom the start ol the piojert. CYPF have provided Int$e. ¢Mg¢ing swwt 10 140 famlies. hdi were made up of 45B ¥)diwdual adults arid children. Flgure 3- Support provided by CYPF team Juty 23 to March 2024 107 For lh8 rAher part ol Heallh Equity. CornnnleS and Fyace. the tocus has very much on Ihè NHS "Agèing Well" agenda. helping older peop mainlain an 1Thnen1 lrfestyle lty as k)ng as pos51e. Like CYPF, the loci1$ Is very th on fac10-face cont1 but also wth emphasis on gro SUFwrf. so thal (Ader people and Iheir Larers can lake part In acllwlS and events Ihal trtsikl a c(mneclion to con1nunib.es Figyre 4- Physic41 Activities lor the year 2023124 Total 01148 $essn9 attended by 1527 partiupanls 18 Maf¥dd • PrKMyQx¥l +1 •l•JdGr••n • F(itbal 16 14
EDBERTS HOUSE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The finanoal year markèd a penod ol renvtsal lor cwi Edberts. hr1eI and Pallin50n Comniunily Houses. ThKs was due lo secufing resouices Io $19nificanlly Increase the stsff re59urrxs to match. or exceed, tho$8 wlhin oui Larkspur Conimunity Hwse. Inueased slaffirvJ h8$ enObd the fW[h deveFopmènt ol aclivrty prDJramn)es and siipport available. From a data pefspec¢Ne. the foas has been on establishing bale data 110rn the effectiveness ol new community-ba3ed piDJeds can be measuied. Figure 5 shows a summary of some of Ilie key elements of the baseline data. Fi uro 5- Baseline Data for Communi Hub¥ In 2023124 19 ittj iij 177 iirp) ISSJ lJ27 si Flnancial Su3tainability The Charity's 11118nual potE0n as at 31 Maic 202$ Is sel out In the Finanrial Re¥4 and Ihe Slatutory Acwunts thdl follow. Finanal 5U5tainalylty is involved in matdurbg the medjum-term pn of thè Charity in its objectives ever-more effectivdy wilh Ihe INe$eeab sources oi funding. finanaal aim5 01 Ilie Charity are 11 to spend Ils ieslricted lunds effectively for the purpuses for which they are Intended. 21 to obtain unrestricted luiiding (o SUPPOrt rt5 necessary ovetheads. and 31 to tnainlain cash reserves eTh)ugh to meet Ir)w.possitrA"Ity. lyglPad nsks. In achieving this, we face thallenges shwed by many olher ctwt"tse5 01 see. No fundets want io fund reserves and are also often reludant to gNe unre51ricted funding. Increasingly. Ihe publK sector is looking to the VCSE 10 colaborale on the delivery of wlal publK seThice5. h(Iwever wthout full Gosl recovery, leaviry a polenlialty damagiryj shortfall. Finalty il IIw5 weie nol thalleNJing etK)ugh. triere Is tlie lurth8f challenge of a14gnirig all the d¢¥>arale aims and obiecli¥es ol reStrled fund wth Ihe interests of a siable envwonrneiil lor ttTre organisation lo pursue ils lormal ctyttives. Such chalengè5 lo frnan¢ial sijslainabilrty shall rAx)tinuè for Ihe foreseeabbe luiure unlil the Charity is ae to either secure long-iÈrm lurtdin9 for a long-term proj'ect or genale enough independent Income from commercial activity li Is the task ol the trustees and the ffjanwrneni lSted with day-to-day operation. sieer a prLbJent Jurse thr¢)ugh the prtenlial hazaTds to continualty improve Ihe impxl of whal we do in meetng our objeclives. Staff Wellboing Duiing the linanoal year, Ihe number ol ou( slalf icreased from 46 10 49. bLt lo ad)ve that nel increase we had to recruit 15 new slarters lo reace 12 leavers. The hvjh degree of staff Ghutn is partly due to the Insecufe nature L)1 ViOTk in the voluntary sedgr where many roles ale funded by tsme-bn)Aed gr&)Is. The jobs rnarkelplace In Ihe voluntary sedor Is as conwetibve as any othw sedcK of the e(x)N)my and this presents a chalerye for us io balance the attraCtNer$S ol opwlunities with the re5rAs.1itY ol openrbe55 lo GandKlales 8nd giaff. For ey15bng slaff we are ctinualty St[ing lo make their posib.ons mofe secre In Ihe M11 temi with new or renewed sources of funding wt In In gt)od bme. Dunng the yew. we laced urlcertainfy gver lh¢ future funding o15latt positions Involved In soual prescribing subconlixls to Ihe Primary Care Sedor In Gateshead and this affected aboLII 30 staff directty empk)yed as soo)I prescnbws as wel as olhei artilary stafl- the major part of Ihe organisabon. The uncertainty was noi res(Aved untsl just alle¥ Ihe year end. tiut we were able ID piovide thè staff affected with a mL¥e secure short term by shanng 5(wne ol the risk of contlI1r¥J wth some Pnrnary Care custorners and backwrfJ our own nsk th our rewves. Such invenuv8 and proaclwè measures prevented an OU1Me. the mass TranatIon crf fedtsndarty ol kèy staff. whi0 owld have presented a mreal to our conlinung. Staff wellbeing also invofves care lor ¢hwi psychob)gical. phygcd and emolional wèllbeing. Many ol ow team deal day-to-day wlh drfhcult and complex siluats"ons. Edberts House or9anises iegular even15 Inv()In9 all staff and encourages leams ol staff lo organise I[ own, more FegLdar opportunilies fof SO311ng and bondi. In addition, slaff receNe reWr group cou[Kse sessions and the oppvrtlmily ol inthvEdual sessions wilh professional ¢ounselk*rs.
EDBERT'S HOUSE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnanclal revlèw Finan¢ial Position The Charity s financial results loi thè year are shown in Ihe Slalemeni ol Finartial Acli¥ilies ISOFAI. Ii)come for the year ltstalled £1.655.97312023." £1.572.2521. Expenthtu w85 £1,643.29712023". £1.499,6271. The Te¢orded surplu5 For Ihe yoar is E12.67612023.. £72.625). Al the end oflhe finanryal y•. cash and bank baLtyS totaued £661,57612023" £525.788). Res•r¥•s Policy FTee reserves. whth represenl gal unreslricled resee$ rK)t used lof fixed assets. rose lo £459,9)9 from £434.221 at Ihe ènd ol the ptecèding finarrial yèar. The Ifustees periodlY fèview the Free Rèsefves Policy wliich. For now, remains hawng a rdling largel of rash and nel cvrrenl a55ets equNalent to Ihe nexl subsequent ihree montlTrs" wotlh of unavoidable costs lIs the 51atuiory redurwjancy habliiy lor emptoyees al the end of the three months. Based on the twthJel loi the fi"narK1 year ending 31 st March 2025. the Free Reserve Targel at 31 sl March 2025 is E456.CrfJQ. Structure. governance and management Governin9 document The Lhanty Is controld by It5 go¥effling document. a deed of trusl. and (a)nstrtutes a limited company. Ivniled by gJarantee, as defined by the compan Ad 2. rhe trustees. who aTe also the directors for the purpose of company kn. and wlK• Seed during the year and up lo the date of SignatL ol the finanoal statements were" C Kelly 58 McGuinness A Cherry JM Barnard MP sb.rrup PD Cassidy S Horne A Healy (Resigned 29 February 20241 (Appojnted 11 Ocknber 20231 Rècruitment and appolntsnent of new trusiees Trustees are appoinled by the estIng board of trustees confymed at Ihe annuaf geiieral meets'ng of the Charity. Truslpes are appointed a rTraxwnuffl of Ihrve years, Reknry trustees are eligible lo be Fpapwinted by the rem3inin9 Iruslees Il they agrèe New trustees nleet with the Chief Executive Officer to bnel Ihem on.. thew legal oblwjalws yndei charity and ry)nipany law the Chaikly Commsgon guidan on publi¢ benefit. and Info(m them ol the content ol the IAemorandum and Arbdes ol Association. Ihe committ88s and de(JwoNnakiny processes. the busine55 plan arvj receni fnanu perforrnance ol Ihe Chaiily. New trustees also meet key empk)yees and other Iruslees. Trvslees are encc4Jraged lo atlend appropriate external Iraining events where these will I112te Ihe undertthng ol thèir fts. Organisational structure The board ol Iru51ees ajministers the Chanty. The board TrJmaly ffteets .mOnthty and yJb.committees of the board meet at shorteT notice to wnsider spectfic mattèt5 lor latef Teporting to the boar(l. A Chiel Executivè Officer is appointed by Ihe truslees to manaye the day-l1)4ay oper31ions of Ihe charrty. To facihiate effective operations, the ChEI EXeCUte Officer has delegated aulhofity. within terms ol delegahon approved by th Iruslees foi Opelati¢) matte15 iThJudin9 finawKe. wnpklynrf and opwational aGIMty. Key managoment mmunèrats'on Key nianagemenl remui)eralion is dBLJsed in the notes lo Ihe accojnts.
EDBERT'S HOUSE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Related parties None of Ihe Iiuslees receNe rernuneratn or other benÈlit fmm their wfxk wilh the Charity. Any ujnnection een a trustee ¢)r seni(N manager %vlh an external party rnusl be dsr&)5ed lo Ihe fLkl board ol Irustee5. Ihe rreni year no sh relaled party transaCtrIS were rerted. Risk managemont The. Iru51ees have a risk rnanagemenl stralew wmwses" . an annual review of the pnnopal nsks arKI uncedainlies that Ihè d)rty facs_ - the èstablishmenl of pc"g5. sysiems pr(xedures to mitigate Ihose risk5 Identid in the ar)nual rewew," and the Iniplemensalion of pttKedures thwe(I lo minimise or Mage any impact the tharily should those risks materialise. The key risk continues to be finanual svslainabilty. During year. the Iwslees laced uncertainty that Ihè runding ol what amounted to third$ of the workforce wtxjld CM[in inio the new finala1 year. The potenibal impact ol the flSk was rnaior. but wrth conbnual noring and anaty%s by m3nagemenl we were able to tortn the vpw that the likelihood ol Ihe wstcaSe Scena was bewnmg Inueasiiigty iemtste. Thal allowed the Iruslee$ 10 pui ai risk part ol the free reserves lo aHow m(Xè linè the lundw Issues to be re501ved. The trustees nole wrth sabsfactK)n that Ihis wa5 on occasL)n where the leeS weie put to the use foi whh 5uth a reserve w85 dest9ned. the strategy woved lo be SUsSIU1 Th& trustees review Ihe Free Reserves Polcy and status eath quarter with the pre$entatitin of m8nagetY5enl Informal[7 and revised financial forecasts. In doing so, ltr tTuslees recognse the lOmation flo%¥s Irom the efforts of Ihe dedicated opefaling staff who la diffthlt thalèiiges daily 1 kndness con5i(Jer8iton antt Pfofessionalism. and Ihe ttjnsklefable teIbUn of the capat4e tearn ol managemenl and supwxt al the eenlre ol the Charty. Stat•m•nt of tru$tg08' rosponsiiilities The Irusiees. %vho are 50 Ihe direclLYs ol Edbwt'5 Fk)use ts Ihe pUose of cunpany law, we responsJle for piepanng the Trustees, Report and the siatements in acojrdance ¥wlh aFpbcable law and Ulited lfj"ngdom AcLounting Standards Iuniled lQngdom GenerallyAccepied Accthjnlry PfaCt}. Company Lw requires the Irusiees to prare finanual siatemerrts finarK#al ar whith gNe a tNe aTh lair ¥ittW of the slatè of affairs ol the tharrty and of the Incomi resources and appl'cation of rey)uices. includiryJ the income ewendrture. of the ¢hathable CLNmpany lh year. In prepariThJ thesè financial sialements. the tnjstees are rew¥ed io. - 5eleGI 5Vrtable ac¢ounb"ng kK4aes and appty Ihwn ngStenttY.' - observe the methods priics in thp Chaiit$ SORP". - make judgements and èstsmatÈs Ihai ar& feasonable and wudent stale vknefher appltsble UK Acoxwrt1 Slandards have been fc4kMed. subiert to any materkil departures disclosed expFained in Ilie [nCIal siatements.. and - wepafe the 51ements on the gthrrfJ concem bag.s un*ss inapprow'afe to prèsumè Ihat th8 charrty will wntinue in 0ratIOn_ The tTUStees are respon51Lle loi keep ad4uate accounbng rKofds thal disclose with reasonable atcuracy at 9Y knme fve finanoal position of Ihe chaftly and enable Ihem to efisure that the firianck41 sialemerts comply with the Compaiiies Aci 20¢. They are also reSponle lor saleguarding the assels ol the cha¥rty and hce for laking reasonable 5tep5 lor the webentK)n a1 detlon of fr(1 other irregularities.
EDBERT'S HOUSE TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Di8clo¥5ure of infornation to auditor EaLh ol the trusiee5 h35 confirrned that Ihere is no Information ol vthich they are aware which is relevant lo Ihe audit. bill ol which the audrtor is unaware. They ha¥e further confirmed that Ihey have taken apwopiiale slpps 10 identity such relevant informabon and to estajlsh thal the audrtor is of sud) inlormakn"on. The tru¥lees' fqportwas appro¥ed by the Board ol Trustees. SB McGuinng88 Trustee Dated". 25th September 2024
EDBERT'S HOUSE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF EDBERT'S HOUSE Oplnlon We have audrted the finanaal lèmènlS of Edbert's Hcxtse Ithe "charity ) lor 11)e year ended 31 110reh 2024 which cnmpnse the slalemefil ol financi actrtS. brtt sheet. Ihe statement ol cash Ilows aiid )leS lo the financial stalefftellts. i[U}ng wgnificant acc(NJnting pdioes. The h"nan(Ja1 repDding frnework that has en applied in their preparation is aprAicatAé law aThl UThted "n9d(n Accounlmg Standards. Including Finaiicial Reporbng Standard 102 The Financial ReKhyfrng Stan[d awknaie iii Ihe UK and RopiJbfv"c of Iland (United Kin9dom General AccEOed PLCc¥JniY Prac11. In our opinK>n, Ihe financial slaiements. give 3 true and lair view of the state of the tharitatrAe compaws allan as at 31 Mch 2024 and of rtS incoming ies(AJfces and apph'cabon vf reSoUrs. induding ils ncorne and expenditure. for the yoar then ended have tren property prepared in ac£ordance wth United Kinyjtyn Generally Accepted A¢xounting Practi". and have been prepared in aCCdanCe w¢th Ihc rwuKem&rts ol the CompaNes )06. Basis for oplnion We conducted our aLidtt in accordance with IntematKJnal Standaids on Audrting IUKI IISAS IUKII and aFOieab lavi. Ovr respongbililiès under those standard5 aFe further described In the Audrlors rgsP()IKsib'lilies for IITe alidil nl Ihv finaiiLial starenntS section of our ieport. We ale Ijepen[JefiI ol the charily in with the ethical requiremetlts that are relevant to our audit of Ihe final1 slatements in the UK. including the FRC'S Ethical Standard and we liave fulfilkd oiir olher elhal resPon&1111eS In accordance with these requirements. We bel'eve Ihal Ihe audil evKJence we have Dblaned Is suffnI and apwopnale lo provjde a ba$ lor our opinion. ColuSIOnS relatlng to going conc•rn In audiliiig the bnanci31 slalemenls. wè have conduded Ihat Ihe tte8s. use ol the g9 con(xm bas¥s of accoLinbng in Ihfj preparation of the finarKial statements is appwpriaie. Based on the work wo have yformèd. we havo nol Klenlifd any Maler uncertainties reklirYJ lo e¥enls or Jrrtitions that. 1ndiwdulY or cAcl81Y may cas1 sKJnificani dwbt on the Gharrty's abilily lo continue as a goin9 )ncern f(x a pefiod ol al least byefve months from when Ihe finanTral 51aiernenls are atjll)orised lor issue. Our res7$111es and Ihe resp0nthlhtS ol the Irusletts wrth respect lo wng concem ¥e descrt)e¢J in the relewdnt serlions ol Ihis report. Other informatlon The other Inforrnaliw compnses Ihè informatson Ided iii Ihe annua rerM)rt other Ihan Ihe fi1)ala1 statements and our atjdilof's report thereon. The trustees are responsible lor the othw illfrjtmat contsinwj within the annual repori. Our opinH)n on Ihe fmancia statets (Joes not Gover the other mforrnatK)n and. excepl lu thè èxtent OtheThse explicimy slated in our report. we do not express any fonn ol assLKaiict ¢rrtlusKJn thereon. Our fesponsibilily 1$ 10 read the olher Info¥malion dn9 so consJer whether the other inlomiath'on 13 materially incoiisisteni wth the finanryal Slatemenis LY our knowledge oblavwl In the UrSe ol Ihe audrt. or otherwise appears to be tnaleiialy rn1s5tal&l. 11 we i(kn)tity suth matena inconsistencies apparent malefial missiaiements. we ale reqiiired lo delerlTll whether this gives r15e lo a material misslaleinent In the financ1 staienients theTn5dves. If based 01) Ihe work we ha¥e plormed. we CA)ncbJde that Ilwe a materL41 MISStsMent of Ihis othfjr 1n1ormain. we are iequired lo thal fact. We have nolhing lo report m Ihis regwd. Oplnlons on othèr matters prescrib9d by Ihg Compan•es Act 2006 In oui opiriion. based on tho work underlaketi in thè Course ol our aLidil" the inlorrnalion gwen In the twslees. pOrt loi the finanoal year lor which finaroal slalements are piepared, which includès thè directOf5' report wepared for ihe purposes ol compary law. ts eonsislent with the fw)ai)Lial slementS." and thè dirèctors. report mduded withfft the Irvstees, re)rt ha5 been ppared li accordance wrth applicable legal reqrementS.
EDBERfs HOUSE INDEPENDENT AUDITOR'S REPORT {CONTINUED TOTHE MEMBERS OF EDBERT'S HOUSE Matter¥ which we are qUired to rnport by eXP11 In Ihe Iigl)l ol Ilie kno%vled9e and undersiandin9 of Ihe chaiity and its enwronmeril oblained in 11)e couise of Ihe audit. we have not ldei(ifd material mtsstalenEnls in Ihe direct(xs' report M)duded w¢lhin the trvslees, report. We have nolhirig lo report in iespect ol Ihe lolkming matters in ielalk)n to tch the Compai)s Acl 2006 requires U5 to report lo you if. In our opinion" adequit le aiuunting wecords ha¥e nor beon keFX. or ielurrk% a(lewal¢ for wr audtt have nol beeii received from branclies not visited by Js'. or the financial slalemenls are not in agreefflenl wlh Ihe accounling records and relufft$', oi ertain disc105u¥es ol trustees, remuneratwjn specafied by law are tK)I made, or we have nijl received all the InformatK)n and expla¥ialM)ns we reqLt¥e lor our audit,. LY Ihe trusiees were not enirtled to prepafe the fina$7oal Stslemenls in COrdanCe with th& small compaiiies rwme afjd take advantage ol the small coMpbe5. e¥emplK>n5 ptepanng Ihe tIU51ees' rewyt and fvom Ihe reoviremenl to Prepare a Strateg report. Responsibilities of trustses As explained inore lulty In the stalemenl ol tn&stees' respon5ibi1rf thv tSte¢s. who also Ihe directofs of ihe charity for the pwp)se of compariy Law are responsible the weparation ol the financial statements and tor beiTTrg satisfied thai they give a tr¥0 and lair vw. and Iof suth internal conlrol as the truslees delemiinè Is necessary lo en2 the prepèraiKX) of financial statem)1$ Ihal afe free fioni rTiaieiial mi&%iaiement. whether Ilue lo fraud or error. In prepafing the financial statements Uie ttU5tees ale fesponsibbe lor asSesn9 the chanty'5 8bilily lo conliniie as J g)Ing concem disclosw, as applicat. matters related to going concem and using the goillg concern basis ol accounimg unless ihe Ifustees erthei to IUldate ihe chariiable company or to c£a5e opeialions. 01 have no realistic alternative bul to (k) so. Atsdltor's reapons1lItI&s for lh• #udli of thfr Ilnanclal statements Our otyectivès afè to otAain rèasonab asstarance about whethef the financaal siatemenis as a whcle are free from materkgl m15Statement. whether due lo fraud or error and to Bsue an aiidrtorf5 report that Inckndes our opinitrn. Reasoi)able assurance is a kmgh Ve1 ol asgJrance bul ts nol a guarantee Ihal ali audrt conducted in accordance with ISAS IUKI wll aKvays detect a maièrial misslatement wln it exists. Misstaiemenls can arise Irorn fraud or error and are con51dered material rf Indiwdually or In the aggregate. they cotAd rea50natty be expected to innueice the economic deusK)ns of users laken the basL8 ol Ihese finanaal slatemenls. The extent to whth ow procedures are capat of detectTrJ WTegutafi¢ie5. wKkKlirg fraud. Is detaled bekw. The risk ol matèrial ntysstaiètnenl due to error or Ira has bèen assessed n) eonjunctth %Mth intèmal conirols may rnitate any such fisk. These controls reVwed as part of Ihe audit be rerforming syslem5 walklhroughs lo ensure they are QFeraliryJ eflettivety Other SUbatIVe le$hn9 1$ also rI0[ed on all material balarS and therefore any in51ances of non.complnce shoukl t Klenlified or ¢OnSKleied as snsgnrfKant_ In idenb'lyng and assessirvJ ii5ks of malwial mI55tatenf re4>e¢l ol I¥r¢guL4rrts, including fraLwJ. the audit engagemenl team.. obtawied an understaNliro of the nature ol ihe industry and sedor. induding the legal and regulalory Iramework. In whh the compaT7y operares IK>w the (x)mpany c(xnpks wth thal gaI and re9ulal0ry framework • Inquired with mana9anent thosè carged th govern aboul thr own Idenbficalion and asse$5ment of the risk5 01 1rregu1anlS, Induding any k¢Th actual. suspected or alkged Insiartes tsl Iraud discussed wlh managemenl and those charpj wtth wvernance any non.complrance with laws and requlalions aTh1 how Iraud mghl OCAK inckmjing assessmènls of and where the fvnanual slatements may be 5U5ceptble to fTaud. The rtsk of manaoèmenl ovèrrKle ol controls was also U)ndered an afea ol rM)lenb"31 misstalemenl due lo fraud. Audil prccedures pertormed inclLrfled testing of manual journal entries and other adjustments and evalualiri9 the business ralionale in reJatK)n to $Trgnrficant. unusual t¥ansath'ons and IfSac.0nS enle¥ed into oUe the rrf)rmèl Course ol busness. 10-
EDBERT'S HOUSE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF EDBERT'S HOUSE A lurther des(rytn ol respon&trxlitiÈs is avaate on the Reporting Counaf5 web al.. htlps.11 vrtvw.frc.oig.uKlauditorsre¥Fonsiblrties. destp1 lo5 part ol (xw auth.iocs (ep(1. Use of our r•port This report 15 made solety lo the chairtatAe company's members. as a tM)dy. in accordan wrth Chapter 3 01 Part 16 ol the Compan$ Aci 20. Our audit Irk has been lertaken so that we mvjhl slaie lo the charitaile MpanY'S mÈ1bÈrS those matters we ar¢ fequired io slate lo Ihem an WKlilor's rewt ar lor no other purposè. To the fulest extent permrtted by law. we do nol acwt or assmie respOnblI1 lo anyone other than Ihe charrtabl8 tHppny and the durii3bSe CoMpY'S membern a5 a trKxty. lor autht work, for Ih's feport. or h)r Ihe Op1()n¥ we have [mell. Nlcholas Cunningham FCCA Isenlor Statutory Auditor) fot and on behalf of Rob8on Laidltt Accountants Limit statory Auditor FemwocK1 Houso FemWOl Road Je5m()rvJ Nwveastle upon Tyne Tyne aThJ We¥ Engl8n(I NE2 ITJ
EDBERfs HOUSE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Cvrr•nt flnanclal year Unrnstricigd R•strict fvnds lund8 2024 2024 Total Total 2024 2023 Inc4)mè from: Donation5 atHJ legwxs Charrtabb a¢lNil*$ 82.651 1.IJ07.104 30.653 s35.5 113.304 1.542.669 801.812 770.440 Total Incom• 1.089.75S .218 1.655.973 1.572,252 Expenditur+ on.. Charitable aclwities 1,092.645 550.652 1,643.297 1.499.627 Total •xp•nditur• 1,092.645 550.652 1.643,297 1.499,627 Net incomellexpendtlurel (2.8} 15.5fj6 12,678 72.825 TrsIerS between funds 1S.637 115.6371 Net movem?nt sn fund$ 12.747 1711 12,676 72,625 R•eonelllatlon of funds.. Fund baances al 1 April 2023 525,984 209.648 735,632 663,007 Fund b•l¥nc•s at 31 Mar¢h 2024 &38.731 209.577 748_308 735,632 The statement of fInral wdeS gains and losses rewgnised w% the ye¥[. AU irKome wd expendilltre derive froin Ctrblinuing acts¥il$. 12-
EDBERTS HOUSE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 MARGH 2024 Prlor Ilnancial year Unrestrl¢ted Restrtctgd nds lund• 2023 2023 Tot•1 2023 Incom• from: Donatbons and a(yes CharitatAe actimtios 178.299 155,453 823,513 614,987 801.812 770.440 Totsl incom• 333,752 1,238,500 1.572.252 Expendlturè on: Chaniablé aciimtiès 328.856 1,170,771 1.499,627 Totsl expendlturn 328,853 1,170.T71 1.499,627 Net In¢ome 4.8 87.729 72,625 Transfers been fvnds 15.424} 5,424 Net mov•mgnt in fvnd• 1528) 73,153 72,625 Reconclllatk¥n of fund$: Fund balances al 1 April 2022 526.512 136.495 663.007 Fund balances at 31 IAarch 2023 525.984 209,648 735.632 13-
EDBERTS HOUSE BALANCE SHEEr ASAT 31 MARCH 2024 2024 2023 Notes FSx8d 88sets Tangible assets 10 78.822 91.763 Curront •$•t Slocks Debtor5 Cash al bank and in h 11 12 21X) 123,610 e61,S76 2.950 197.782 525.788 785.386 726.520 Creditors: aTh)unts talllrq du• wilhln on• yoar 13 (115,> 182.6511 Net curnt assets 643.869 Totsl 4ssets less eurrent Ilabllltbes 748.308 735.632 Incomo fund¥ Restricted lunds Unfeslncted funds 15 209.577 538,731 209.648 525.984 748.308 735.632 These finanaal statements have been wepared in dance wrth wiwwons appluble to comwies subj'ect to the sniall tixnpanies regKne. 25th September 2024 The funal ¥teMentS were approbtd by the Trustees on ......................... SB M¢Guinness Trujtsfj Compary rngistration number 06756641 14_
EDBERfs HOUSE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows fr¢Jm operating activitl Gash gèneiated frcffillab30rbèd by) operations 151.168 (T3.0641 ¥OStln9 a¢tlv(tlÈs Purchase ol tangible fixed asséts 115.3801 113.080) M•t cash usod in inv•stlng activities 115.3801 (13.0801 Not ¢ash used In flnancing acti¥lti•• Net Increa5el(decrea•o} in ush and cash equiValts 135,788 186.1441 C8$h and cash equantS at bw'nning Lrfye S25,788 611,932 Cash and ca8h oqul¥alènts at •nd ol y•ar e61.576 525,788 15-
EDBERT'S HOUSE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charity information Edberl's House Is a prNaie company limrted by g4Jarantee Inry)rporaled In EnylaThJ arKI INates. The rwjistered oflice 15 17- 19 Si. E(knibnd's Dri¥e. Galethad, Tyne NE10 9AE. England. 1.1 Ac¢ountlng c)nvention ThÈ financial siatèments ha¥ been ppared in accofdanee wilh thè chanty's goveming tJorAirynt. Ihe Companie5 Act 2() and "AcntIng and Reporting by Charitie5" Slalernent of Recomnieiided Praclice applicJNe lo chanlies prepJnng their accounts in awrdance th thè Finanoal Reporting Standard applicaNe in the UK and Replillic of lieland IFRS 1021 leffedi¥e 1 Jantry 20191" The tharity is a Publ Benefrt Entity as defi1 by FRS 102. The finanual statemenlg are pfepared in sterh.ng whid) is the fundk)nal cwrency of ihe tharily Monetary amounts Ir? these financial slalemenis a rounded to the £. The finwual statèments have been Prepared under historal cost convenb"on. The wnopal ae¢ounting poIleS adoplèd are sei out bdow. 1.2 Golng ¢on¢wn Al he tITne ol appfowng the fncl31 stalements. truglees have a reasonle expÈdalion that thè charity has adgquale iesources to conts.rwe in operational existence for It ltsreseeable lulure. Thu5 Ihe truslees continue to adopt the 99 rnrvrr7 bass ol xcounwj ii) wepanng the thnarwl slatemenl5. 1.3 Chailtsbl• funds Unreslncte(J funds are avadable for use al the ¢JiscTrbon of the Injstees in lurthèrance of their charttab objèctives. Restricled fund5 aTe 3tJbJed to Spe9 eondrtions by grantors as lo how Ihey may be used. The purposes and uses of Ihe reslrided Iw)ds arè sèt out fft the notès to the finaral atMe1)IS. 1A I00 All liOIn9 fesources are Induded in the Statement of Finanoa AcIi¥ilS {SOFAI when the chafity Is entriled to the incorne and Ihe amount ran iE quantrfd wth reasonable acGvra¢y. The loll(wrfing spealic poltyes are applied lo particular categories of Come. volunt iiicome received by way of granls. donalions ar gifts is induded In full In the Slalernent DI Financia Athvrties when receivat)le Grants. where enlitlement is r1 fj(MdItK)n on Ihe delivery of a speofi¢ perfornK4nce by the chanty. ale i&gniSed when the chanty técomes uneA)f)dilK)naUy eniiUed io the granl. Incomin9 fesources from grants. Whe reLited lo performarKe and speafic deh'verables. are accounted lor a5 the charrty earns the fuhl lo wisKle¥abon by rfs performwKe. 1.5 Expèndltur• Liabilitie5 are recognised as expend$lu as sen as there is a legal Of ccfflstrLrls¥e oNigaiion eomn)Illin9 Ihè chaFily lo that expènditure. il is probat)le Ihal a transfer of economic benefits will be required In settlement and the an)oiinl of the otlgatl can measured feliably. Expendrture is acGounled for on accrua15 basis and has been d<7$5rfrd ijnder headityjs that aggregaie 311 Cost related to Ihe category Wherè etssls c2ni)ol bè direclly allribuièd lo Partular hÈadings thèy have been amoraled 10 ad1vils on a basis consistent with the use ol fesources. 16
EDBERT'S HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR 7HE YEAR ENDED 31 MARCH 2024 Accountlng p)Ilc1•8 IConts"nuedl 1.8 T4ngbl¢ fix•d Tangible Iixed assets are tniltally mea%Jred al cnst sub5eq¢Anty measwed ai Ixjst or valuatfi. rEt of depieciatson and any ifflpwrrrnl b)sses. Dep(la110 Is reoogn15ed 50 as to wfile off the cosl or ol assets s$ thw"r [du values over Ihwr usoful lives on the lolbwirig bases Leasehold improvements Plant #nd equipmenl Fixlufes and litt9$ Molor vehicles StraKgLt line ovei 10 y 33% slraWt Ivie 25% slraght line 25% I"n9 trAlancè 1.7 Impaifment of fixed assets At each reporttng end dale. Ihe chaity rewews Ihe carryir?y arnounls ol its tangle asset5 lo do.terFnine Syther Ihwp 15 any indicalion Ihal those assets ha¥e sullere(13n Ifnparrnent k)ss. 11 Y such i1)dallOn exists. Ihe recoverable amouni ol Ihe asset is e#imated m Order lo deteimine Ihè èxtent of the impaiment loss lil aiiyl. 1.8 Stock¥ SIoLk ate valued al Ihe ILwer ol cost and rt ieahsth value aftei miwJ due kniaftce lor obsolete and slow rnOng Items. 1.9 Cash and cash equivalents Cash and cash equivalents indude $h in hand. depoyts held al call wilh bank5, olhei Sh[-terM Iyuid inve%lmen15 Wltli original TTialuriles of Ihiee ni(ilh5 (w kn. and bank ovefdrafts. 8•k overtafts are shown wiltiin borrowings In current liabihls. 1.10 Tax•tion The p11è11ty Is exempt IrL tax on income and gain5 to the extent that Ihese a appligj lo ils chilable objects. No tax thawes have tsen in the (th 1.11 Retirefflent bgnofits Payrrnts ¢0 deliried contrJub"on iebrement tenafil s(wnes are carged as an expense as they fall due. Oonations and legacie5 Unrestricted Restricted lunds funds Total UNestrthd Restricted funds To181 2024 ZD24 2024 2023 2023 2023 Don*ions and grfts Granls reIved 5.651 5.651 107_653 710 177.589 710 801.102 30.653 623.513 82.651 113.304 178,293 623.513 801.812 17-
EDBERT'S HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donations and legacles Icontinugdl urtrestted RestrKted Tdal Unresln'cled Re5twKled To*al Grdni8 rnc•1Vab for eore aetivrties Peoplès Heallh Trusl Tudor Trust NHS Newcaslle Galeshead CCG Ballinger Trust The National Lollery Comrnunity Fund NIHR ARC NENC Gaieshead Counul Gaieshead Fljblic Health Cxher 153.761 153,761 50,C( 57.000 103.486 1 S,C4JO 104.132 15.(lJJ 214 497 59.985 165.816 214.497 59.985 167.149 3,519 6.OC(I 21.134 3,519 1,333 21.134 7.770 28,808 36.578 77, 30.653 107.653 177.589 623.513 801.102 (Xhei unreslricied grants indude NHS Engla - £5 O¢X)12023 £5.0) Fnend ol Felling Park. £ntl12023 . £3501 Gaiesheaij Ceritral Library- £Thl12023 . £1451 Groundwork UK- £nil12023 £5001 Lo¢alily £nl2023.. £1,600) Newcasiie Ui)Iversity- £n4 12023 ". £175) Olher reslrided grariis indudè.. Virgin Community Anchor Fund - £nd Q023 £18.OC Mental Health Cofflrnunity Furid - £9.984 12023". £Th Baur Radio Cash lor Khls - Inil {2023 £21JOI Blue Stone collatratIve- £nil 12023 E5.0001 Community FwndaliDn - John & 8wbata Sadlef and Jeanelte Hendwson Fund - £1.150 {2023 . £1.0001 RISE NE . £4 608 12023 .: £4.6081 Incomo from charitsbl• activiti Unr¢slrict•d Restricted lunds fund5 2024 2024 Totsl Unr•strl¢tsd Rèstrictéd funds fvnds 2023 2023 Total 2024 2023 E•rned ineome Earned incomè 1.007.104 535.$65 1.542.669 155.453 614.987 770.440 18-
EDBERfs HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendwturn on Ghaiitable •ctivibe8 General charftsble ¥VItbe$ Z024 Genf ral charftable acts"vitiès 2023 Direct costs Staff costs Depreryatign aThJ ImpalmlI GTQUP wk costs InsuTance 1,338.193 28.321 16.174 5.5CQ 22.69S 86.385 4.851 336 11.106 9).356 1,186.450 25.532 16.130 3,939 5,486 44.103 5,732 Prqèct costs RecruiltTnl and traw¥ng Volunteer expenses Repairs and inainlenan¢e Partr?er eost5 15.299 156.515 1.603.917 1.461,526 Sharè ofsupport and govemance costs Isee note Sl Support Govemarre 35.215 4.165 31. 6.103 1,843,297 1.499.627 Analysls by fund Unrestricted lunds Re51n(aed fun¢ts 1,092.fA5 550,652 328.856 1,170.771 1,643.297 1.499,627 Support co¥ts allocat to I1¥111?• 2024 2023 Telephone Postage ar statiry Sundry expens Goverrtance ujsts 8,6TT 3,118 23.420 4.165 11.B18 3.004 17.176 6,103 39.380 38.101 Analysed betsen: Genefal charitable aclwt 39,380 38,101 19-
EDBERT'S HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs allocated to acliviti•s (Contlnuedl 2024 2023 GoY•rn•ne• costs comprise: Prof8ssKJnal fees 4,16S 6.103 4.16S 6.103 Not mo¥èm•nt In funds 2024 2023 The nel movemenl in fvnds Is st*ed after chargingl1ctVJI.' Depreciation of owned tangibbp fixed a&%ets 28.193 25.532 Trustees None of the trustees Icy pef50ns connected with them) recwved any femuw¥¢iah"on berfits from Ihe charity during the year. Employoq• The average monlhly numtw of emkn5 during y1 was. 2024 Number 2023 Number Adminislratir PioJe(I delivery 35 Total 43 Employment costs 2024 2023 Wages and Sala5 Soual secuftty costs other pensM)n Costs 1,202.635 99.075 36.483 1,059.602 95.963 30.885 1.338,193 1,186.450 The cost of remunerating key Mnt inckKlw al payrdl wes was £62.98512023' £5D.0701. There were no ¢mptoyees whose lal remuneration wa5 £$,000 or [e. T4x•tlon The charity 13 exenyl Iro¥n taxalion on ils acltyrts because al rts is awlwl lof tharrtable purposes.
EDBERfs HOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 TangllAe fixed assets L•asoh¢JSd Pl•t and Flklur•E amd Iitliibg$ Motor v•hlclts Tol•l Cost At 1 Aprl 2023 A&JilDns 164.550 26.797 15.025 6.195 227 13.861 211.403 15.252 Al 31 Marth 2024 I.5) 41.822 6.422 13.861 226,655 DepfKiation and impalrnwnt AI 1 Apfil 2023 Depfeciation charged In Ihe year .885 16.4 10.287 9,657 3,115 953 9.353 1.127 119.640 28,193 Al 31 March 2024 113.341 19.944 4.068 10.480 147.833 Carying amount Al 31 March 2024 51.209 21.878 2,354 3.381 78.822 At 31 March 2023 87.665 16.510 3.080 91.763 11 Stocks 2024 2023 Finished goods good$ for resale 200 2.950 12 Debto 2024 2023 Amounts fallSng due within one year. Trad& debtors Other debtors Prepayments avwj wjed irton 97,235 929 25,446 89,582 1(*.21X) 123.610 197.782 13 CTrditorn: amounts falllng the ¥Athkn one year 2024 2023 Trade creditors Other crediloTS Accruals and deferred irKome 6.420 40,891 68,589 5.483 7.655 69.513 I15,0 82.651 Inckxled in 8¢cfuals and delerred Income is £32.BOI (2023".£28.095) m respecl of deferfed granis. 21
EDBERfs HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 14 Rotirnm•nt bongfit sch•m 2024 2023 Defined cmtrtbutlon heM*S Charge to Profit or Ios3 n lFrtt of defined eCtribution scheffles ,483 30.885 Th? thaiity operates Ir defined contribution pension stheme lor al qualifyiryj employees. The assets ol the scheme are lield sepai'aldy Irom those of Ihe charity In an Independenfy adminisiered fund. 16 Restrl¢l•d fv¥)ds The reslricted lullds ol Ihe thairty compnse tbe unexpended balartes of donatILs and grants held on trust 5ubJert lo speofic cx)rsthbon5 by donots as lo hchv tl)ey may be used. Movement In funds Intomin9 R•8o¥rco8 ourcv •xpend•d Transfws e•kin¢e 4t JI 2024 l 2023 other restricted lunds Mental heatth Community Fund- Gateshead Cwnal- Connecting Do Gateshead Ccxjncl. Sundw Pro11 UK Govefflmenl- Shared Pigsperity FurKI . People aThJ Skiys. Work for Health Peop.$ Heallh Trusl- Homes for Heallh The National Lottery CMni1Y Fund . ThrN4e in Beacon Lough Easl Peoples Health Trust-strategic Partnership Fund Commbnity Fourtdatn- Kellett Fund NIHR ARC NENC People's Heallh Tvust- L¢xal Conversath?ns Rise NE Gateshead cne1- Fanty Hub- Feth & Pelaw Anne Foundatron Galesheèd Council- Fty FIA>- Highfield & Chopwell Gateshead CounGiI- Healh Equily Gateshead Counc4- Hfiekj Fk)use Gateshead Councd- Patlinson House Primary Care Netwofks Gateshead cOw)- Thrive kn Beacon Lough Easl 25,856 48.403 168.2281 14,C691 1.962 9.984 17.4S11 2.533 20.000 20.(KY) 124.0561 18.4871 14.7981 {28.8541 14,344 22.831 41.11S 185.928 (163,9471 287 63.3B3 19,4361 123,9191 (3401 20.564 6.OB1 l(M).970 1,803 19751 198.5351 11.8031 I1.4) 43,0 11.9361 11.5231 41,064 1.523 43.(XJO 77,805 65.242 43.000 23,020 177.4171 153.0441 {10.037 {10 12,161) 10 {3.446} 22.010 I1,C0 110_5301 120.OW) 2,480 209.648 566,218 1550.652} 115.637> 209.577
EDBERfs HOUSE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 16 Unrestrfcted funds rhe unreslrrled Itjnds of Ihe ch¥ity comprise Ihe unexpended balances of don8bon5 granls which ale noi subiecl lo Specif CondOn5 by donors an(t gfantors as lo how they may be used. These Indudè sonaled lunds have set asKle of wwestncaed fund$ by Ihe truslees Icrf speuf+c purposes. At1Apr 2023 Incoming re60ur¢•$ R¢$ourGe¥ gxp•ndfrd Tr4n8lert At 31 March 2024 General funds 525.984 1,089,755 (1.092.645) 15.637 538.731 Prevlous year. At f Aprl 2022 Incoming Rmources f•sourcès expended Tran$feTr At 31 March 2023 Genefal Imds 526.512 333.752 (328,856) 15,4241 525.984 17 Analy818 ol n¢t •$s•ts bète•n fvnds Llnrestridd R•8trlcted funds funds 2024 2024 Totsl 2024 At 31 March 2024- Tangible assets Current as8elslllbIk*1¢$) 78.822 459.9J9 78.822 669.486 209,577 538.731 209,577 748.30B unrestn.cted funds 2023 Restricted fund 2023 Totsl Z023 At 31 March 2023: Tangib assets Currfrrt aetlIkabIt> 91.763 434221 91,763 643.869 209.648 525.984 209.648 735,632 -23-
EDBERT'S HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Restrlciod Funds The purposes of the $ll¢led lunds are as fdkw4s"_ Peoples Health Trust Local ConvÈrsats"ons A bng term project lor comrnunity devekbpment and ervjawenl on Ihe Old Fokl and Ne Eslales in Feltsn9, Galttshead The National Lottery Community Fund A long lerrn fund lo siipport fhnve in £leaG East proJec. Prnary Care Netslorks Paymen15 under Service Lavel Agfeemenls Ici Ihe eIent and w0vion ol soaal prescribirvJ serwces to GP Praclices Ihrnughaijt the four ol the five Primary Care NelwiMk5 01 Gate5h¢ad. Iyher restrictèd funds Represents suiidry small gianls for spe¢JfK purposes. IrKluding money qcl'ng initiatlVe5. 5POrt5 equpment youlli club and coniiibulions towards rnIng cos aThl chf executives costs.. Pea Green 8oat Foundation A Community Foundations sowced furhd to be appld to the c05t ol employing a youlh and ¢ommunrty workor al Beac Lough East Ann Clèèves Foundation A partnership wlli Gateshoad Centr31 Libfary to promofe reading and I'leracy. Gateshead Council . Thrive In Beacon Louyh East ContnbulM)ns from Gateshead C(wnul l¢NarOs Ihe $t of welfare asststaThx in BeacKJn Lough East, as well •5 the runnny costs ol Ihe k)c21 hub. Gateshead Council Plealth Equity and HighrId House Funding Driginally from NHS Newrstle Ga1È5hèad CCG. routed throw>1 Galeshead Pubti¢ H6aifh, lo suptMJl the dewelopineiii ol Ilie Healtli Equity and Hig1ifio House Pfojecis. Gateshead Council Warm Spaces Pa¢tinson House Fusiding to PTovide spa¢e% ln Ih¢ four comwlliinity hubs foi iesdenls during wler of 2022123 NIHRARC NENC. NIHR Applied Research Collaborative, North East & North Cumbria Fufiding for a Research Prqe.tt ijnder Ihe ARL Programme cenlred on Ihe 50Tr31 and health inwaGls of coriii?iunily dlopmen1 work at BeOn Louyh East. RISE 14orth East A grant linder the Sport Englwd T(yJetlv Fund. lunding the Findin9 Freed(xn" prqect run by the Hèalth Equity. Mental Heatth Community Fund A PTogramrne lo delivei a dementia nelwork lor cle&head & spe¢rf xtwith'e$ residents in inw wesl ar¥J east PCN lrtalilies who havelaie awailing a dementia dognosis. Gateshead Council - Sulldew Proiect A project ID develop a Dew cornrnijnity hub bld1 rm the Beacon Lrwgh East e51alo. UK Shared Prospedty Fund . People & Skills - Work for Health An inten51ve support serwce lor Gateshead fesK1ents ale economiraly inaciive. w(YkirrfJ in partnershp willi prIary Care anrl C?ateshead Leamlng Skills. Funded by the UK Govemrnenl. Peoples Health Trust . Homes for Heatth The Homes lor Health ploi programine explores ways imyo¥e Musing c0Th5]ns lor pnvate andlor social rental tenants that will ultsmalely Improve lenarf5 heallh. e,g. Ihrcwh thanges in poho andlor Ffaclice a direded by pe(yle n$1 affeded. P•ople's Health Trust- Stratègic Partnership Funding Pro9rammè A pro9raMme lo crease redents. voice and awafeness ol how health ineqtsalrtie3 arp affectmg them lerms Df deosion makiiig. leading lo changes In polioes pract$ to redu healh iwualilies and ine équitablè health ouicomes. Community Foundation Kellett Fund A pro}ed lo increase Ihe tiVe involvem of over gy$ in the actryities aThJ ev1$ ol Ihe Edberls comtnuiiily hubs Family Hub- Felling and Pelaw & Highfield and Chopwell - Gateshead Council A project to fund addilional reswrce5 for Edberts Hse to be parl Df a FamiPM Hub support neMfork lo delrver tlie eotè obiè¢ts"vÈs ol thè Counefi's Famify Hub aftd siari knle Projramme. -24-
EDBERfs HOUSE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Related party tr#n$a¢llons Theie were no di5closable relaled party transactions ye¥12023- 1. 20 Cash g•n•ratod from opèrntlons 2024 Z023 SLwpkns for the ye 12,678 72.625 Adjustrnents fcf.. Det*e¢iation and inpairment of langible kxed a53els 28.321 25,S32 Movements working catya". Decreasellincrea5el in st0$ Decreasellincreasel in dèblors InGreas¢lldecfeasel In ¢redrtors 2,750 74,172 33,249 I2.9) {66.2881 {101.9831 C¥¥h genwated fromllabsortMI by) op•rntlons 151.168 (73.064) 21 Analygls of ¢hanges in not fvnd8 Tl)e charity had no malerK?I debt dLwing the yew.