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|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||
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||||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||
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||||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|
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|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|||
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||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|
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||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|
##
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|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||||
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