2022-10-31-accounts - North Allerdale Development Trust Limited

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Reference and Administrative	Details
Trustees' report
Trustees' responsibiaties in relation to the finanoal statements
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements

					North Allerdale Development	North Allerdale Development	North Allerdale Development	Trust Limited
					Reference and	Administrative		Details
Charity name					North Allerdale		Development	Trust Limited
Charity registration			number		1131992
Company		registration		number	06725932
Principal	office				The Market	Hall
					Church Street
					WIGTON
					CA7 9AA
Registered		office			The Market	Hall
					Church Street
					WIGTON
					CA7 9AA
Trustees					W Lovrther,	Chair
					D Phillips
					D Wilson		(resigned	10January 2022)
					C Pearson
					D M Horton
					D SWalker
					M I Wilson
Secretary					C Pearson
CEO					S Keaveney
Accountant					Dodd 8 Co	Limited
					FIFTEEN Rosehill
					Montgomery	Way
					Rosehill Estate
					CARLISLE
					CA1 2RW

				Unrestricted	Restricted	Endowment	Total Funds	Total Funds
				Funds	Funds	Funds	2022	2021
			Note
Income and endowments		from:
Donations and legacies			2	12,608	113,456		126,064	109,063
Other trading activities			3	792			792	508
Investments			4	38			38
Charitable activities			5	152,216	1,070		153,286	83,898
Total income and endowments				165,654	114,526		280,180	193,469
Expenditure on:
Chantable activities				171,091	96,009	13,360	280,460	228,091
Total expenditure				171,091	96,009	13,360	280,460	228,091
Net expenditure before transfers				(5,437)	18,517	(13,360)	(280)	(34,622)
Transfers
Transfers between	funds			1,110	(1,110)
Net movements in	funds			(4,327)	17,407	(13,360)	(280)	(34,622)
Reconciliation of	funds
Total funds brought	forward			49,679	19,687	1,513,316	1,582,682	1,617,304
Total funds carried	forward			45,352	37,094	1,499,956	1,582,402	1,582,682

					2022		2021
				Note	6
Fixed assets
Tangible assets Investments				11 12		1,505,241 100		1,518,376 100
						1,505,341		1,518,476
Current assets
Debtors				13	16,498		2,304
Cash at bank	and	in	hand		67,003		88,022
					83,501		90,326
Creditors: Amounts one year			falling due within	14	(6,440)		(26,120)
Net current	assets					77,061		64,206
Net assets						1,582,402		1,582,682
The funds of the		charity:
Endowment	funds					1,499,956		1,513,316
Restricted funds						37,094		19,687
Unrestricted	funds
Unrestricted	income		funds			45,352		49,679
Total charity	funds					1,582,402		1,582,682

				Unrestricted	Restricted	Endowment	Total Funds	Total Funds
				Funds	Funds	Funds	2022	2021
				E	E	E	E	E
Donations and legacies
Appeals		and donations		8,030	20,000		28,030	737
Gift Aid		tax reclaimed			5,000		5,000
				8,030	25,000		33,030	737
Grants
HMRC	Job Retention Scheme							11,072
Allerdale		Borough Council		4,000	4,661		8,661	27,950
Wigton		Town Counal						300
Cumbna		County Council			2,426		2,426	13,987
HMRC	Coronavirus SSP			578			578
Children		In Need						28,017
Francis		C Scott Charitable	Trust		20,000		20,000	20,000
Arnold	Clark							1,000
Cumbria		Youth Alliance			37,420		37,420	6,000
Cumbna		Community Foundation			13,503		13,503
National Lottery Community Fund —EIP					9,776		9,776
Co-op Local Community			Fund		670		670
				4,578	88,456		93,034	108,326
				12,608	113,456		126,064	109,063

	Unrestricted	Restricted	Endowment	Total Funds	Total Funds
	Funds f	Funds	Funds f	2022 f	2021 f
Activities	71,519	1,070		72,589	29,801
Room hire	3,616			3,616	2,124
Recharge of utilities	77,081 152,216	1,070		77,081 153,286	51,973 83,898

Expenditure
						General
						charitable	Total	Total
						activities	2022	2021
Direct costs
Purchases						1,453	1,453	1,190
Mentoring and teaching			materials			4,000	4,000	1,800
Employment	costs					179,507	179,507	157,150
Rates and water						5,935	5,935	2,648
Room hire						10,000	10,000	11,500
Light, heat and power						18,189	18,189	10,616
Insurance						7,377	7,377	7,506
Repairs and	renewals					11,557	11,557	6,596
Telephone and fax						1,120	1,120	1,125
Computer software		and	maintenance		costs	4,389	4,389	4,42'I
Pnnting, postage and stationery						711	711	264
Subscnptions						342	342	334
Prizes						15,070	15,070	3,015
Sundry expenses						1,002	1,002	1,102
Cleaning						1,631	1,631	1,210
Travel and subsistence						1,225	1,225	799
Advertising						284	284	286
Depreciation	of long	leasehold		property		13,360	13,360	13,360
Depreciation	of plant and machinery					294	294	345
Depreaation	of fixtures		and fittings			401	401	471
Depreaation	ofoffice equipment					190	190	78
						278,037	278,037	225,816
Supportcosts
Accountancy	fees					1,680	1,680	1,643
Independent	examiner's		fee			620	620	600
Bank charges						123	123	32
						2,423	2,423	2,275
						280,460	280,460	228,091

Net expenditu	re is stated	after charging.
			2022	2021
			6	f
Depreciation Independent	oftangible examiner's	fixed assets remuneration	14,245 1,680	14,254 1,643

The monthly average year was as follows	number ofpersons (including senior management	) employed by the ch	anty dunng the
		2022	2021
		No.	No.
Chantable activities		13	12
The aggregate payroll costs of these persons were as follows.
		2022	2021
		6
Wages and satanas Employers' national Other pension costs	insurance	172,749 4,675 1,729 179,153	152,281 3,730 1,139 157,150

		Long leasehold
		and other			Fixtures,
		interests in land	Plant	and	fittings and
		and buildings	machinery		equipment	Total
		E	E		E	E
Cost
As at 1 November	2021	1,675,833	11,135		32,431	1,719,399
Additions					1,110	1,110
As at 31 October	2022	1,675,833	11,135		33,541	1,720,509
Depreciation
As at 1 November	2021	162,517		9,182	29,324	201,023
Charge for the year		13,360		294	591	14,245
As at 31 October	2022	175,877		9,476	29,915	215,268
Net book value
As at 31 October	2022	1,499,956		1,659	3,626	1,505,241
As at 31 October	2021	1,513,316		1,953	3,107	1,518,376

											Investments in	Investments in
											group	and
											associated
											undertakings f
Market value
As at 1 November	2021 and 31			October 2022								100
Net book value
As at 31 October	2022											100
As at 31 October	2021											100
All investment assets were			held	in the UK.
The chanty holds	more	than 200% ofthe share				capital ofthe	following	company
						Country of	Principal		activity		Class
						incorporation
Subsidiary undertakings Solway Plain Futures Limited					England		Rental of faalities				Ordinary	100
									Capital	&	Profit/(loss)
									reserves f		for the	period
Subsidiary undertakings Solway Plam Futures Limited										1,987		3,412
Debtors
									2022f		2021f
Trade debtors Amounts from subsidiary and associated Prepayments and accrued income					undertakings				6,481 8,917 1,100 16,498			269 939 1,096 2,304

					2022		2021
					E		E
Trade creditors					1,529			873
Taxation	and social security				2,	118	2,	112
Other creditors						354		915
Accruals	and deferred		income		2,439		22,220
					6,440		26,	120
Creditors	amounts	falling due within one year includes deferred		income
					2022		2021
					E		E
As at 1 November		2021					20,000
As at 31	October	2022					20,000

		At 1
		November		Incoming	Resources		At 31
		2021		resources	expended	Transfers	October 2022
General Funds
General fund Early Intervention		26,638		115,425	(117,580)	1,110	25,593
Programme		21,542		40,185	(50,086)		11,641
Upcycle Earned Funds		1,499		1,094	(425)		2,168
Pitstop Cumbria				8,950	(3,000)		5,950
		49,679		165,654	(171,091)	1,110	45,352
Restricted Funds
Franos C Scott
Charitable Trust				20,000	(20,000)
Kirkbride Outreach			524	200	(240)		484
Cumbira County Council Cumbria Community				2,426			2,426
Foundation - Project Lead Persimmon Homes				13,503	(13,503)
Futures			124		(124)
National Lottery
Community Fund Cumbna County	- EIP Council			9,776	(2,444)		7,332
- NEET			618		(559)		59
Arnold Clark EIP
Materials			138		(138)
Cumbria County Council-
EIP Primary		11,132			(11,132)
NADT Youth and
Outreach		2,416		870	(1,177)		2,109
Friday Night Project Allerdale Borough		4,735		6,000	(8,171)		2,564
Counal —CSP Cumbna Youth Alliance				4,661	(2,965)	(1,110)	586
-COMF				31,420	(22,164)		9,256
William Lowther Co-op Local Community				25,000	(13,098)		11,902
Fund				670	(294)		376
		19,687		114,526	(96,009)	(1,110)	37,094
Permanent Endowment
Market Hall endowment		1,513,316			(13,360)		1,499,956
		1,582,682		280,180	(280,460)		1.582,402

				Incoming	Resources		At 31
				resources	expended	October 2021
			2020
General Funds
General fund Early intervention Programme Upcycle Earned Funds			17,884 12,476 998 3 .355	98,791 22,729 1,380 22900	(90,037) (13,663) (879) 0 045 93		26,638 21,542 1,499 49,679
Restricted Funds
Hadfield Trust Children in Need			240 2,646	28,017	(240) (30,663)
Franos C Scott Chantable Outreach Worker Youth Kirkbnde Outreach Cumbnan Award VJ Day Exhibition Cumbira County Council	Trust		3,715 524 1,226 1,100 337	20,000 300	(20,000) (3,715) (1,226) (1,400) (337)		524
Cumbna Community Foundation		-Project	8,604		(8,604)
Lead Persimmon Homes Futures			385		(261)		124
National Lottery Community Cumbna County Council - Arnold Clark EIP Matenals Cumbna County Counol - NADT Youth and Outreach Fnday Night Project	Fund - EIP NEET EIP Primary		28,486 12,007 59,270	980 1,000 11,132 3,140 6,000 70,569	(28,486) (362) (862) (724) (13,272) (110,152)		618 138 11,132 2,416 4,735 19,687
Permanent Endowment
Market Hall endowment			1 526676 1,617,304	193,469	(13,360) (228,091)		1,513,316 1,582,682

					Unrestricted	Restricted	Endowment
					Funds	Funds	Funds
Tangible assets					5,285		1,499,956
Investments					100
Current assets					46,407	37,094
Creditors Amounts	falbng	due within		one year	(6,440)
Net assets					45,352	37,094	1,499,956
						Total Funds	Total Funds
						2022	2021
Tangible assets						1,505,241	1,518,376
Investments						100	100
Current assets						83,501	90,326
Creditors Amounts	falling	due within		one year		(6,440)	(26,120)
Net assets						1,582,402	1,582,682
Prior period
Unrestricted				Restricted	Endowment	Total Funds	Total Funds
	Funds			Funds	Funds	2021	2020
	8					6	K
Tangible assets		5,060			1,513,316	1,518,376	1,532,630
Investments			100			100	100
Current assets		50,639		39,687		90,326	110,666
Creditors
Amounts failing due within one	(6,120)			(20,000)		(26,120)	(26,092)
year
Net assets	49,679			19,687	1,513,316	1,582,682	1,617,304