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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2to 8|
|Independent
Auditors'|Report|9to t t|
|Statement ofFinancial|Activities|12|
|Statement of Financial|Activities|13|
|Balance Sheet||14|
|Statement ofCash Flows||15|
|Notes to the Financial|Statements|16to 28|
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|Secretary|||||SAlexander|||||
|---|---|---|---|---|---|---|---|---|---|
|Trustees|||||K Reed, Chair|||||
||||||I Mackintosh,
Vice Chair|||||
||||||A L Crawley, Treasurer|||||
||||||N SAhmad
(resigned|3 December||2020)||
||||||A Carver|||||
||||||R A Chadeyron
(deceased||21 April|2020)||
||||||C Hall|||||
||||||I R Harris|||||
||||||C C Irving|||||
||||||SJaidka|||||
||||||C M Purdon|||||
||||||S Parker (appointed
10May 2021)|||||
|Key Management||Personnel|||SAlexander,
Chief Executive
TArmstrong,
Head ofAdvice Services|||||
||||||C Iredale, Head ofCustomer Services|||||
||||||G Dryden, Business Manager|||||
|Principal|Office||||4th Floor City Library
Charles Avison
Building|||||
||||||33 New Bridge Street|||||
||||||Newcastle
Upon Tyne|||||
||||||NE1 8AX|||||
||||||The charity
is incorporated||in England||and Wales.|
|Company|Registration|||Number|02114435|||||
|Charity Registration|||Number||1135396|||||
|Auditor|||||MHA Tait Walker
Chartered
Accountant|8 Statutory||Auditor||
||||||Bulman
House|||||
||||||Regent Centre|||||
||||||Gosforth|||||
||||||Newcastle
upon Tyne|||||
||||||NE3 3LS|||||
|Bankers|||||Unity Trust Bank pic|||||
||||||4 Brindley Place|||||
||||||Birmingham|||||
||||||B12JB|||||
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|Recognised|Gains|and|Lo|sses)||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||Unrestricted|Restricted|2021|2020|
||||Note|E|6||E|
|Income and Endowments||from:||||||
|Donations
and legacies|||3|8,570|226,606|235,176|205,530|
|Charitable
activities|||4|122,825|444,878|567,703|542,545|
|Other trading
activities
Investment
income|||5
6|9,554
2,489|244|9,798
2,489|2,941
2,668|
|Total Income||||143,438|671,728|815,166|753,684|
|Expenditure
on:
Charitable
activities|||7|~124,913)|(675,133)|~(800,D48|733,139)|
|Total Expenditure||||~((24,9(3|~675,(33)|~800,046|733,139|
|Net income/(expenditure)
Transfers
between
funds||||18,525
~11,905)|(3,405)
11,9D5|15,120|20,545|
|Net movement
in funds||||6,620|8,500|15,120|20,545|
|Reconciliation
of|funds|||||||
|Total funds brought|forward|||311,543|1,819|313,362|292,817|
|Total funds carried|forward||19|318,163|10,319|328,482|313362|
##
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|Recognised|Gains|and Loss|es)||||
|---|---|---|---|---|---|---|
|||||||Total|
||||Note|Unrestricted
f|Restricted
f|2020
f|
|Income and Endowments||from:|||||
|Donations
and legacies||||13,947|191,583|205,530|
|Charitable
activities||||115,650|426,895|542,545|
|Other trading
activities
Investment
income||||2,941
2,668||2,941
2,668|
|Total income||||135,206|618,478|753,684|
|Expenditure
on:
Charitable
activities|||7|(118,627)|~6(6,((2)|~(733,(39|
|Total expenditure||||~118,027|~615,112|~733 139|
|Net income||||17,179|3,366|20,545|
|Transfers
between|funds|||4,749|(4,749)||
|Net movement
in funds||||21,928|(1,383)|20,545|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||289,615|3,202|292,817|
|Total funds carried|forward||19|311,543|1,819|313,362|
##
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|(Registration
n
Balance Sheet|umber: 02114435)
as at 31 March 2021||||
|---|---|---|---|---|
||||2021|2020|
|||Note|5|6|
|Fixed assets|||||
|Tangible assets||14|1,505|3,009|
|Current assets|||||
|Debtors
Cash at bank and in hand||15|16,605
355,020|6,560
349,081|
||||371,625|355,641|
|Creditors: Amounts|falling due within one year|16|(44,648)|(45,288)|
|Net current assets|||326,977|310,353|
|Net assets|||328,482|313,362|
|Funds ofthe charity:|||||
|Restricted
income funds
Restricted
funds||19|10,319|1,819|
|Unrestricted
income
Unrestricted
funds|funds||318,163|311,543|
|Total funds||19|328,482|313,362|
##
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|Statement ofCash F|lows for t|he Year|Ended 31|March 2021||
|---|---|---|---|---|---|
|||||2021|2020|
||||Note|e||
|Cash flows from operating
activities||||||
|Net cash income||||15,120|20,545|
|Adjustments
to cash flows from non-cash||items||||
|Depreciation
Investment
income|||8|1,504
~(2,488|1,504
(2,668)|
|||||14,135|19,381|
|Working capital adjustments||||||
|(Increase)/decrease
in debtors|||15|(10,045)|695|
|Increase/(decrease)
in creditors
(Decrease)/increase
in deferred
income|||16|777
~(1,417|(1,443)
7,917|
|Net cash flows from operating|activities|||3,450|26,550|
|Cash flows from investing
activities||||||
|Interest receivable
and similar|income|||2,489|2,668|
|Net increase
in cash and cash|equivalents|||5,939|29,218|
|Cash and cash equivalents
at|1 April|||349,081|319,863|
|Cash and cash equivalents
at|31 March|||355,020|349,081|
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|3
Inco|me||from|donations
and legacies||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Restricted|Total|
||||||General|funds|2021|
||||||6||6|
|Donations||and legacies;||||||
|Donations|||from|individuals|2,270||2,270|
|Grants,
Grants|including
capital grants;
from other charities||||6,300|226,606|232,906|
||||||8,570|226,606|235,176|
||||||Unrestricted|||
||||||funds|Restricted|Total|
||||||General|funds|2020|
||||||6|8||
|Donations|||and legacies;|||||
|Donations|||from|individuals|4,747||4,747|
|Grants,
Grants|including
capital grants;
from other charities||||9,200|191,583|200,783|
||||||13,947|191,583|205,530|
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|Unrestricted|||
|---|---|---|
|funds|Restricted|Total|
|General|funds|2021|
||6|6|
|122,825|444,878|567,703|
|Unrestricted|||
|funds|Restricted|Total|
|General|funds|2020|
|F|6|6|
|115,650|426,895|542,545|
|Unrestricted|||
|---|---|---|
|funds|Restncted|Total|
|General
5|funds
6|2021
f|
|9,554|244|9,798|
|9,554|244|9,798|
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|||||||Unrestncted|||
|---|---|---|---|---|---|---|---|---|
|||||||funds|Restricted|Total|
|||||||General
f|funds|2020f|
|Other income||from|other trading||activities|2,941||2,941|
|||||||2,941||2,941|
|6|Investment|income|||||||
|||||||Unrestricted|||
|||||||funds|Restricted|Total|
|||||||General
f|fundsf|2021f|
|Interest receivable|||and similar||income;||||
||Interest receivable|||on bank deposits||2,489||2,489|
|||||||2,489||2,489|
|||||||Unrestricted|||
|||||||funds|Restricted|Total|
|||||||General
f|fundsf|2020
f|
|Interest receivable|||and similar||income;||||
||Interest receivable|||on bank deposits||2,668||2,668|
|||||||2,668||2,668|
##
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|7
Expend|iture
on charitabl|e
activities||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||||Total|Total|
|||General|Restricted
f|2021|2020|
|Generalist|Advice|88,553|512,306|600,859|536,402|
|Support Costs||36,360|162,827|199,187|196,737|
|||124,913|675,133|800,046|733,139|
||||Activity|Activity|||
|---|---|---|---|---|---|---|
||||undertaken
directly|support
costs
5|2021
6|2020|
|Generalist|Advice||600,859|179,625|780,484|713,657|
|Governance||Costs||19,562|19,562|19,482|
||||600,859|199,187|800,046|733,139|
##
|Support costs|allocated to charitable
a|ctivities||||
|---|---|---|---|---|---|
|||Direct|Governance|Total|Total|
|||charitable|costs|2021|2020|
|||K|5|||
|Staff costs||82,793|7,053|89,846|95,504|
|Premises||23,034|1,962|24,996|46,475|
|Communications|and IT|43,895|3,739|47,634|9,148|
|Staff and volunteer||(228)|(19)|(247)|6,771|
|Depreciation||1,386|118|1,504|1,504|
|Office costs||25,805|2,198|28,003|31,269|
|Audit fees|||3,550|3,550|3,550|
|Legal and professional
Other||138
2,802|722
239|860
3,041|2,516|
|||179,625|19,562|199,187|196,737|
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|9
Net incom|ing/outgoing
resources|||
|---|---|---|---|
|Net incoming|resources for the year include:|||
|||2021|2020|
|||6||
|Audit fees||3,550|3,550|
|Depreciation|offixed assets|1,504|1,504|
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|11Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2021|2020|
|Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs|598,927
47,066
16,584|546,776
44,112
16,087|
||662,577|606,975|
|2021|2020||
|---|---|---|
|No|No||
|||24|
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|14Tangible fixed assets||||
|---|---|---|---|
||Computer|||
||equipment||Totalf|
|Cost||||
|At 1 April 2020||6,017|6,017|
|At 31 March 2021||6,017|6,017|
|Depreciation||||
|At 1 April 2020
Charge for the year||3,008
1,504|3,008
1,504|
|At 31 March 2021||4,512|4,512|
|Net book value||||
|At 31 March 2021||1 505|1,505|
|At 31 March 2020||3,009|3,009|
|15Debtors||||
||2021||2020|
|Trade debtors|||2,000|
|Prepayments
Accrued income|2,151
14,454||1,727
2,833|
||16,605||6,560|
|16Creditors:|amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020|
|Other taxation|and social|security|12,834|12,312|
|Other creditors|||2,356|1,630|
|Accruals|||5,375|5,846|
|Deferred income|||24,083|25,500|
||||44,648|45,288|
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||||2021|2020|
|---|---|---|---|---|
|Deferred|income at 1 April 2020||25,500|17,583|
|Resources deferred
in the period
Amounts
released
from previous||periods|24,083
~25,500)|25,500
(17,583)|
|Deferred|income at year end||24,083|25,500|
|The total value of future
minimum
lease payments|was as follows:||
|---|---|---|
||2021|2020|
||6||
|Within one year
In two to five years|7,379
12,716|4,645
634|
||20,095|5,279|
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|19Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 April
2020|Incoming
resources
5|Resources
expended
6|Transfers|31 March
2021
5|
|Unrestricted|||||||
|General|||||||
|General funds||250,543|143,438|(124,913)|(11,905)|257,163|
|Designated|||||||
|Designated
- service
curtailment||61,000||||61,000|
|Total Unrestricted||311,543|143,438|(124,913)|(11,905)|318,163|
|Restricted|||||||
|Money Advice Service|||326,274|(325,103)|(1,171)||
|Wise Group Project|||33,686|(37,604)|3,918||
|Millfield
House|||34,597|(35,674)|1,077||
|Powergrid
Care
NPG Hardship||1,819|125,410
10,000|(128,081)
(3,477)|2,671
(23)|8,319|
|Help to Claim|||58,495|(67,012)|8,517||
|Help to Claim P&W|||20,022|(18,813)|(1,209)||
|Action for Children|||6,500|(5,946)|(554)||
|Big Energy Week|||9,000||(9,000)||
|Mesothelioma|||22,633|(25,800)|3,167||
|Northern
Powergrid-
Prospect Medical Group|||7,917|(7,286)|(631)||
|Energy Redress
Client Hardship|Scheme
Fund||17,194|(20,337)|3,143
2,000|2,000|
|Total restricted||1,819|671,728|(675,133)|11,905|10,319|
|Total funds||313382|818,1M|~(800048||328,482|
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|||||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|---|---|
|||||||||Total funds|
|||||||||at 31 March|
|||||General|Designated||Restricted|2021|
|||||E||E|E|E|
|Tangible
fixed assets
Net current assets/(liabilities)||||1,505
255,658||61,000|10,319|1,505
326,977|
|Total net|assets|||257,163||61,000|10,319|328,482|
|||||Unrestricted|||||
|||||||||Total funds|
|||||||||at 31 March|
|||||General|Designated||Restricted|2020|
|||||E||E|F|E|
|Tangible fixed assets
Net current assets/(liabilities)||||3,009
247,534||61,000|1,819|3,009
310,353|
|Total net|assets|||250,543||61,000|1,819|313,362|
|21 Analysis||of net funds|||||||
||||||At|1 Apdil|Financing|At 31 March|
|||||||2020|cash flows|2021|
||||||||E|E|
|Cash at|bank|and|in hand|||349,081|5,939|355,020|
|Net debt|||||At|1 April
349,081|Financing
5,939|At 31 March
355,020|
|||||||2019|cash flows|2020|
|||||||E|E|E|
|Cash at|bank|and|in hand|||319,863|29,218|349,081|
|Net debt||||||319,863|29,218|349,081|
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