| Charity Number: |
1138833 | |
|---|---|---|
| Company Number: |
s2t2073 | |
| Registered Office: |
67TowardRoad | |
| Hendon | ||
| Sunderland | ||
| SR28JG | ||
| Trustees: | JulieDawn Gray | |
| Christine McCardle | ||
| Laura Calvert | ||
| James Pace | ||
| Edward Moore | ||
| KeriBethell | ||
| PamelaTodd | ||
| Bina (Mamotas)Begum | ||
| I(evinRoopey | ||
| Auditors: | Osbourne Sandy&Co. | |
| CharteredAccountants | l' | |
| 10Grange Terrace | ||
| Sunderland | ||
| SR27DF | ||
| Bankers: | The Co-opBank Plc | |
| 5i6 FawcettStreet | ||
| Sunderland | ||
| SRI lRF |
| Total | Total | |||
|---|---|---|---|---|
| Note | Restricted | Unrestricted | 2023 | 2022 |
| INCOME FROM | & | { | !€ | |
| FundRaising CharitableActivities |
273,512 | 549,889 63,836 |
549,889 337,348 |
516,81I 596,865 |
| TOTAL | 273,512 | 613,725 | 887,237 | 1,113,676 |
| BXPENDITUREON | ||||
| RaisingFunds | 397,r48 | 397,148 | 443,772 | |
| CharitableActivities | 251,641 | 231,330 | 482,97r | 402,568 |
| TOTAL | 251,641 | 628,478 | 880,119 | 846,340 |
| NETINCOMEOfiENDITURE)BEFORE IIIVESTMENTGAINSAND&OSSES) |
21,871 | (t4,753) | 7,118 | 267,336 |
| OTHERGAINSAl[D(LOSSES) | - | (328,534) | ||
| NETMOVEMENTINFUNDS | 21,871 | (14,753) | 7,118 | (61,198) |
| Reconciliation ofFunds: | ||||
| TotalFundsBrought Forward | 4,290,062 | 1,106,787 | 5,396,849 | 5,458,047 |
| TotalFunds CarriedForward | 4,311,933 | 5,403,967 |
| Total | Total | |||
|---|---|---|---|---|
| Note | Restricted | Unrestricted | 2023 | 2022 |
| INCOME FROM | I | & | g | g |
| CharitableActivities | 273,512 | 63,836 | 337,348 | 565,015 |
| Investments | 147,921 | 747,921 | 91,945 | |
| TOTAL | 273,512 | 211,757 | 485"269 | 656,960 |
| EXPENDITTIREON | ||||
| CharitableActivities | 251,641 | 228,534 | 480,175 | 399,634 |
| TOTAL | 251,641 228,534 | 480,175399,634 | ||
| J- | ||||
| ! | ||||
| NETNCOME@XPENDITURE)BEFC,RE | ||||
| INVESTMENTGAINSAND(LOSSES) | 21,871 | (16,777) | 5,094 | 257,326 |
| OTHER GAINS AND(LOSSES) | (328,534) | |||
| NETMOVEMENTINF'UNDS | 21,871 | (16,777) | 5,094 | (71,208) |
| ReconciliationofFunds: | ||||
| TotalFundsBrought Forward | 4,290,062 | 1,012,353 | 5,302,415 | 5,373,623 |
| TotalFundsCarried Forward | 4311933995,576 | 53 |
| FIXEDASSETS TangibleAssets Investments |
re 9 10 |
Group CharitableComPanv 2923 2022 2023 2022 €fgg 131,722 129,969 131,722129,969 4,97A.5004,970,500 4,970,5104,970,510 |
Group CharitableComPanv 2923 2022 2023 2022 €fgg 131,722 129,969 131,722129,969 4,97A.5004,970,500 4,970,5104,970,510 |
|---|---|---|---|
| 5.rc1.6225,100,469 5,107,6325,100,479 | |||
| CURRENTASSETS Debtors Cash atbank andinhand |
1i | 292,836 485,651 |
180,096 350,841229,505 631,699 294,610455,340 |
| 811,795 | |||
| CURRENTLIABILITIES Amountsfallingduewithinoneyear |
12 | (134,670) | (135,226)(98,102)(102,720) |
| NET CI]RRENTASSETSGIABILITIES) | 643,817 | 676,569 547,349582,125 |
|
| TOTALASSETS LESSCURRENT | |||
| LIABILITIES | 5"745,439 | 5,777,0385,648,9815,682,604 | |
| 4' | |||
| CREDITORS | |||
| Amountsfallingdue aftermore than oneyear |
I2 | (34t,472)(380,189) (341,472)(380,189) | |
| NETASSETS | 5,403,967 | 5,307,509 5,302,4r5 |
|
| THE FI]NDSOFTHECHARITY | |||
| UnrestrictedFunds RestrictedIncomeFunds |
13 l4 |
1.092,034 4,317,933 |
1,706,787995,5761,012,353 4,290,062 4,311,9334,290,062 |
| TOTALFUNDS | 5.403.967 | 5,396,8495.307.5095.302.4I5 |
| CASHFLOWS FOR THE | YEAREN | DED31STMARCH2023 |
|---|---|---|
| Note | Group CharitableComoanv 2023 2022 2023 2022 |
|
| f.f[& | ||
| Cashusedinoperating activities | (647,781) (431,516)(112,574)296,705 | |
| Cashflowsfrominvesting activities Investmentincome ProceedsfromSaleofAssets |
3 | 549,889516,811 - 201J62 207,362 |
| Purchaseof fixedassets: | ||
| FixturesandFittings Investment Properties |
9 l0 |
(9,439) (4,377) (9,439)(4,377) - (172,455) - (33 8,138) |
| Cashprovidedby(usedin)investing activities |
540.450541,341(9,439)(141,153) | |
| Cashflowsfrom financingactivities | ||
| Loanadvances*., Loanrepayments |
Gs,)n)(zs,aeD1tt,tn11n,+ez1 | |
| Cashprovidedby(usedin) financing activities |
(38.717)(38,462)(38,717)(38,462) | |
| Increase (decrease)incashandcashequivalents | ||
| inthe year | (146,048)71,363(160,730)117,090 | |
| Cashandcashequivalentsatthebeginningof | ||
| the year | 631,699 560,336 455,340338,250 | |
| Totalcashandcashequivalents at theend oftheyear |
485,651631,699294,610455,340 | |
| Net movement infunds Reconciliationofnet movementsinfundstonet |
7,118(61,198)5,094(71,208) cashflow fromoperating activities |
|
| Addbackdepreciationcharge, loss on disposalof assetsand other(gains)andlosses |
9,286343,9568,286343,956 | |
| Deduct incomeshownin: | ||
| Investment activities Decrease (increase)indebtors (Decrease) increasein creditors |
(549,889)(516,811) (112,740)(94,325)(121,336)5,123 (556)(103,138)(4,618)18,834 |
|
| Netcashusedinoperating activities | (647,781)(43r,516)(112,574)296,705 | |
| Analysis ofchangesinnetdebt-seenote15 |
| The payof theseniorstaffisreviewed annually | andnormallyincrease | dinaccorda | ncewithaver | ageearnings. | |
|---|---|---|---|---|---|
| Group | Charitable | Companv | |||
| 3. | II{VESTMENTS | 2023 g |
2022 & |
2023 f, |
2022 t |
| Gift AidfromSubsidiaryCompany | 147,921 | 9t,945 | |||
| Rents Received | 549,889 | 516,81I | |||
| 549,889 | 516,811 | 147.921 | 91,945 | ||
| INCOMINGRESOURCESFROM | |||||
| 4. | CHARITABLE ACTIVITIES | 2023 | 2022 | 2023 | 2022 |
| & | f | g | & | ||
| Grants receivedinyear | 316,214 | 588,475 | 316,214 | 556,625 | |
| Otherincome | 21,134 | 8,390 | 21,134 | 8,390 | |
| 337,348 | 596,865 | 337;348 | 565,015 |
| 5. | TOTALEXPEIIDITURE | TOTALEXPEIIDITURE | Group 2023 g |
2022 f |
CharitableCompany 2023 2022 &! |
CharitableCompany 2023 2022 &! |
|---|---|---|---|---|---|---|
| Advertising | 8,616 | 219 | 8,616 | 2r9 | ||
| AuditFees | 7,560 | 7,785 | 4,764 | 4,851 | ||
| Bad Debts | (314) | 5,195 | ||||
| BankCha.rges | 1,998 | 1,548 | 49 | 50 | ||
| Depreciation | 8,286 | 13,880 | 8,286 | 13,880 | ||
| Disposal ofAssets-Loss | 1,542 | 7,542 | ||||
| FundedExpenditure HeatandLight |
26,742 11,953 |
30,552 9,234 |
26,142 8,742 |
30,552 5,7ll |
||
| Insurance | 13,737 | 13,362 | 12,287 | 12,034 | ||
| Interest | 5,613 | 5,869 | 5,613 | 5,869 | ||
| ITExpenses | 1,227 | 3,744 | 1,227 | 3,744 | ||
| LeasePayments | 3,394 | 3,394 | ||||
| MotorExpenses OfficeCosts Printing a' ProfessionalFees |
8,248 334 2,578 34,642 |
7,394 3,668 3,183 34,048 |
iro 2,578 34,589 |
3,668 3,183 23,949 |
||
| ProjectCosts | 54,943 | 41,364 | 54,943 | 41,364 | ||
| Rates andRent | 22,441 | 31,380 | 19,395 | 19,595 | ||
| RepairsandMaintenance | 120,267 | 163,689 | 10,789 | 13,765 | ||
| SessionalWork | andTraining | 1,374 | 7,802 | 7,374 | 7,802 | |
| Staff | 495,219 | 424,826 | 237,926 | 187,796 | ||
| Telephone | 6,631 | 8,652 | 6,631 | 8,652 | ||
| Traveland SundryExpenses | 38,636 | 25,010 | 29,290 | 11,408 | ||
| 830,119 846,340480,175 | 399,634 |
| Activities | Grant | |||
|---|---|---|---|---|
| Undertaken | Fundingof | Support | ||
| Directlv | Activities | Costs | Total | |
| g | & | { | € | |
| MainFund | 222,543 | 8,787 | 231,330 | |
| OwnUseProperty Fund | 2,000 | 2,000 | ||
| SmallProjects | 24,827 | 24,827 | ||
| RankTimetoShine | 22,069 | 22,069 | ||
| SunderlandCityCouncil | ||||
| ExtendedWinter Offer | 1,096 | r,096 | ||
| SunderlandCityCouncil | ||||
| FancyaDay Out | 3,150 | - | 3,150 | |
| CrisisBest Practice | 25,000 | - | 25,000 | |
| GreggsFoundation | 19,510 | 19,510 | ||
| Edit- GoOnline! | 73,555 | 73,555 | ||
| SunderlandCit!Council | ||||
| (East Rangers) | 15,998 | - | 15,998 | |
| RankGolden Awards | 19,533 | _ | 19,533 | |
| SunderlandCityCouncil | ||||
| HouseholdSupport Funds | 12,194 | - | 12,194 | |
| PowertoChange | 16,646 | - | 16,646 | |
| VirginMoney Foundation | ||||
| Community Anchors Funding | 6,875 | - | 6,875 | |
| IndependentAge | 9,188 | - | 9,188 | |
| 222,543 | 251,641 | 8,787 | 482,977 | |
| Support Costsare madeupasfollows: | ||||
| Governance | .t | 7,560 | ||
| InformationTechnolo gy | ts | 7,227 | ||
| :1'-Groun | 8J87 CharitableCompanv |
|||
| 2024. | 2022 | 2023 | 2022 | |
| 7.NETMOYEMENT INFUNDS | f | f | I | |
| This isstatedafter comprising: | ||||
| Staffpensioncontributions | 20,358 | 18,350 | 20,358 | 18,350 |
| Depreciation | 8,286 | 13,880 | 8,286 | 13,880 |
| Loss onDisposalofAsset | 1,542 | 1,542 | ||
| Auditor'sfees | 7,560 | 7.785 | 4,851 | 4,851 |
| 8. | PARTICULARSOFEMPLOYEES | Group 2023 2022 ! |
Group 2023 2022 ! |
CharitableComPanv 2023 2022 ! |
CharitableComPanv 2023 2022 ! |
|---|---|---|---|---|---|
| Total staffcostswereasfollows: | |||||
| Wages andSalaries SocialSecurityCosts Other PensionCosts ManagementFeeRecharged |
35,566 20,358 - 495,219 439,295 |
377,122 29,354 18,350 - 424,826 |
439,295 35,566 20,358 (257,293) 237,926 |
372,895 29,354 18,350 (232,803) 187,796 |
| 2023 | 2022 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| ! | f | { | f | ||||
| NumberofStaff | 15 | 18 | 15 |
| 9.TANGIBLEFIXEDASSETS | Fixtures& | ||
|---|---|---|---|
| Fittingsand | |||
| Motor | Landand | ||
| Vehicles | Buildings | Total | |
| GrouD | Group | Group | |
| f | g | f | |
| Cost | |||
| AtlstApr112022 | 71,776 | 119,443 | 190,619 |
| Additions | 9"439 | 9,439 | |
| At 3lstMarch2023 | 80"615 | 179,443 | 200,058 |
| Accumulated Depreciation | |||
| AtlstApril2022 | 59,883 | 767 | 60,650 |
| ChargeforYear | 7,476 | 810 | 8,286 |
| At 3lstMarch2023 | 67,359 | t.577 | 68,936 |
| NetBook Vaiue | |||
| At 3lstMarch2023 | 13,256 | 117,866 | l3l,l22 |
| At31stMarch2022 | 11,293 | 118,676 | t29,969 |
| TANGIBLEFIXEDASSETS-(cont) | Fixtures& | ||
|---|---|---|---|
| Fittingsand | |||
| Motor | Landand | ||
| Vehicles | Buildings | Total | |
| Charitable | Charitable | Charitable | |
| Companv | Companv | Company | |
| ! | { | g | |
| Cost | |||
| At1stApril2022 | 71,r76 | 119,443 | 190,619 |
| Additions | 9,439 | 9,439 | |
| At31stMarch2023 | 80,615 | 119,443 | 200,058 |
| Accumulated Depreciation | |||
| At1stApril2022 | 59,883 | 767 | 60,650 |
| ChargeforYear | 7.476 | 810 | 8,286 |
| At31stMarch2023 | 67,359 | 1,577 | 68,936 |
| Net Book Value | |||
| g' | |||
| At31stMarch2023 | 13,256 | 117,866 | 131,122 |
| At 3lstMarch2022 | 11,293 | 118,676 | r29.969 |
| 10.IIIVESTMENTS | Investment | ||
|---|---|---|---|
| Properties | |||
| Valuation-Group | g | ||
| AtlstApril2022 | 4,970,500 | ||
| Additions | |||
| Disposals | |||
| RevaluationAdj ustment | |||
| At31stMarch2023 | 4,970,500 | ||
| Unlisted | Investment | ||
| Valuation -CharitableComPanY | Investment g& |
Properties | Total g |
| At1stApril2022 | 10 | 4,970,500 | 4,970,510 |
| Additions | |||
| Disposals | |||
| RevaluationAdjustment' | |||
| TransferfromSubsidiary At31stMarch2023 |
l0 | 4,970,500 | 4,970,510 |
| The summaryflnancialperformanceof thesubsidiary aloneis: | 2023 g |
2022 I |
|---|---|---|
| Turnover | 549,889 | 516,811 |
| CostofSales andAdministrationCosts | (399,944) | (414,856) |
| NetProfit | 149,945 | 101,955 |
| Profits Brought Forward Distributionto theCharity |
94,434 (147,921) |
84,424 (91,945) |
| 96,458 | 94,434 | |
| Theassetsandliabilitiesofthe subsidiary were: | ||
| FixedAssets | ||
| CuirentAssets | 221,236 | 223,150 |
| CurrentLiabilities | (124,768) | (128,706| |
| Total NetAssets Ir |
96,468 | 94,444 |
| The AggregateShareCapitaland Reserves | 96,468 | 94,444 |
| 11.DEBTORS | Group 2023 |
2022 | CharitableCompanv 2023 2022 |
CharitableCompanv 2023 2022 |
|---|---|---|---|---|
| & | E | &! | ||
| TradeDebtors | 24,201 | 44,322 | ||
| Other DebtorsandPrepayments AmountduefromGroup Undertaking |
268,635 | 135,774 | 262,641 88,200 |
141,305 88,200 |
| 292,836 | 180,096 | 350,841229,505 | ||
| 12.CREDITORS | 2023 ! |
2022 I |
2023', &.t |
2022 |
| Amountsfallingduewithinoneyear: Loans (secured) |
53,613 | 53,673 | 53,67353,673 | |
| TradeCreditors | 5,875 | 3,466 | ||
| Other Creditors, Accruals | ||||
| andDeferredIncome | 64,628 | 68,701 | 33,93539,667 | |
| Other TaxandSocial Security | 10,494 | 9,380 | t0,494 | 9,380 |
| 134,670 | 135,226 | 98,102 | 102,720 | |
| 2023 | 2022 | 2023 | 2022 | |
| Amountsfallingdueaftermore thanoneyear: | & | ! | ! | & |
| Loans (Secured) | 341,472 | 380,189 | 341,472 | 380,189 |
| Charitable | ||||
|---|---|---|---|---|
| 13.UNRESTRICTED INCOMEF'UNDS | Group | ComDany | ||
| & | & | |||
| At1stApril2022 | 1,106,787 | 1,012,353 | ||
| TotalIncome | 613,725 | 211,757 | ||
| Total Expenditure | (628,478) | (228,534) | ||
| At31stMarch2023 | 1,092,034 | : | 995,576 | |
| 14.RESTRICTEDFUNDS | ||||
| At | Total | Total | At | |
| 0U04t2022 | Income | Exnenditure | 3110312023 | |
| I | & | L | ||
| Investment Properties Fund | 4,197,057 | 4,197,057 | ||
| OwnUse PropertyFund | 50,000 | (2,000) | 48,000 | |
| SmallProjects" | 8,263 | zl,zgz | (24,827) | 16,828 |
| RankTimetoShine | 6,792 | 24,093 | (22,069) | 8,816 |
| SunderlandCityCouncil | ||||
| ExtendedWinter Offer | 2,950 | 12,300 | (1,096) | 14,154 |
| SunderlandCityCouncil | ||||
| FancyaDay Out | 4,200 | (3,150) | 1,050 | |
| CrisisBest Practice | 25,000 | (25,000) | ||
| Greggs Foundation | 19,510 | (19,510) | ||
| Edit- GoOnline! | 73,555 | (73,555) | ||
| SunderlandCityCouncil | ||||
| (East Rangers) Rank GoldenAwards |
15,998 20,000 |
(15,998) (19,533) |
iu, | |
| SunderlandCityCouncil | ||||
| HouseholdSupport Funds | 12,194 | (12,t94) | ||
| PowertoChange | 20,270 | (16,646) | 3,624 | |
| VirginMoney Foundation | ||||
| Community Anchors Funding | 18,000 | (6,875) | 11,125 | |
| IndependentAge | 20,000 | (9,188) | 10,812 | |
| 4,290,062273,512(251,641)4,31],913 |