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|||Page|
|---|---|---|
|Trustees'
Annual
Report||1 —8|
|Independent
Examiner's|Report||
|Statement
of Financial
Activities||10|
|Balance Sheet|||
|Cashf low Statement||12|
|Notes to Financial
Statements||13-27|
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|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||Charity||Number|1139518||||||||
|Company|Number||||07303754||||||||
|Registered||Office|||The
New|Inn,
Bridge|Street,|Blaydon,|Newcastle|upon|Tyne,|NE21 4JJ|
|Trustees|||||||||||||
|The trustees
J Hart||wh|o served the||charity
during the period were
Resigned 25 May 2022||as follows;||||||
|A Lunn|||||Resigned|31 August 2021|||||||
|A Halliwell|||||||||||||
|W GIII|||||||||||||
|SVening|||||Treasurer||||||||
|M Cave|||||Chair||||||||
|N Rogerson|||||||||||||
|D Lovenbury|||||||||||||
|Z Lawson|||||Resigned 25 May 2022||||||||
|F Lees-Millais
SScott|||||Resigned 25 May 2022
Appointed
01 November||2021||||||
|R Turnbull|||||Appointed|01 September|2021||||||
|D Bawn|||||Secretary||||||||
|KGleadow|||||APPointed|24 August 2022|||||||
|Key Management||||Personnel|||||||||
|J Niblo|||||Chief Executive||||||||
|G Lockyer Turnbull|||||Head of Operations||||||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
|||Notes|||f||
|Income from:|||||||
|Donations|||101,507|134,930|236,437|289,215|
|Charitable
activities|||560,414||560,414|336,827|
|Fundraising
income|||157,435||157,435|53,310|
|Investment
income|||4,296||4,296|4,168|
|Total income|||823,652|134,930|958,582|683,520|
|Expenditure
on:|||||||
|Raising Funds|||55,030||55,030|32,133|
|Charitable
activities|||757,960|60,570|818,530|619,144|
|Total expenditure|||812,990|60,570|873,560|651,277|
|Net Income/(expenditure)|||10,662|74,360|85,022|32,243|
|Unrealised
gain/(loss)|on investment||13,283||13,283|29,550|
|Net income before transfers|||23,945|74,360|98,305|61,793|
|Transfers||19|789|(789 )|||
|Net movements
In funds|||24,734|73,571|98,305|61,793|
|Reconciliation
offunds|||||||
|Total funds brought
forward|||481,487|38,055|519,542|457,749|
|Total funds carried|forward||506,221|111,626|617,847|519,542|
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||||Notes|2022|2021|
|---|---|---|---|---|---|
|||||6||
|Fixed assets||||||
|Tangible assets|||13|2,219|5,316|
|Investments|||14|247,013|232,163|
|||||249,232|237,479|
|Current assets||||||
|Debtors||||49,612|31,533|
|Cash at bank and in hand||||374,917|300,229|
|||||424,529|331,762|
|Liabilities||||||
|Creditors: amounts||falling due||||
|within one|year||16|( 55,914|) ( 49,700 )|
|Net current|assets|||368,615|282,062|
|Total assets less total liabilities||||617,847|519,542|
|Funds||||||
|Restricted funds||||111,626|38,055|
|Designated|funds|||229,890|229,890|
|Unrestricted|funds|||276,331|251,597|
||||19|617,847|519,542|
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|||||Notes|2022|2021|
|---|---|---|---|---|---|---|
||||||F||
|Net cash flow from operating|activities:||||||
|Net cash provided
by (usedin)|operating|activities||26|70,420|48,703|
|Cash flows from investment|activities||||||
|Interest receivable
and investment
income|||||4,296|4,168|
|Sale of listed investments|||||54,466|230,500|
|Purchase of listed investments|||||( 54,494 )||
|Net cash flow from Investing|activities||||4,268|234,668|
|Net Increase
in cash and cash equivalents|||||74,688|283,371|
|Cash and cash equivalents
at|the beginning||of the year||300,229|16,858|
|Cash and cash equivalents|at the end|of|the year||374,917|300,229|
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|3.
Comparative||statement
offin|ancial
activities|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2021|2020|
||||Notes|F|f|6|6|
|Income from:||||||||
|Donations||||169,705|119,510|289,215|383,948|
|Charitable
activities||||309,854|26,973|336,827|242,332|
|Other trading
income||||53,310||53,310|115,179|
|Investment
income||||4,168||4,168|6,893|
|Total income||||537,037|146,483|683,520|748,352|
|Expenditure
on:||||||||
|Raising Funds||||32,133||32,133|87,229|
|Charitable
activities||||459,599|159,545|619,144|504,105|
|Total expenditure||||491,732|159,545|651,277|591,334|
|Net Income/(expenditure)||||45,305|( 13,062 )|32,243|157,018|
|Unrealised
gain/(loss)||on investment||29,550||29,550|( 20,947)|
|Net income before|transfers|||74,855|( 13,062 )|61,793|136,071|
|Transfers|||19|||||
|Net movements
in|funds|||74,855|( 13,062 )|61,793|136,071|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||406,632|51,117|457,749|321,678|
|Total funds carried||forward||481,487|38,055|519,542|457,749|
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|St Nicholas'
Educational|Trust|Trust||
|---|---|---|---|
|Street Games||||
|The Joseph Strong Frazer||Trust||
|The Key||||
|The North of England
P&l||Association|Ltd|
|UK Youth||||
|Virgin Media 02 Together||Fund||
|Virgin Money Giving||||
|Wallsend
Action for Youth||||
|Wellesley Trust Fund||||
|Your Homes Newcastle||||
|Youth Focus NE||||
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6|6|
||Development|work and provision||of club services|555,089|331,652|
||Affiliation fees||||5,325|5,175|
||||||560,414|336,827|
|6.|Fundralslng|income|||||
||||||2022|2021|
|||||||6|
||Income from|fundraising|||157,435|4,168|
|7.|Investment|income|||||
||||||2022|2021|
||||||f|F|
||Income from|investments|||4,296|4,168|
|8.|Analysis
of|expenditure|on raising funds||||
||||||2022|2021|
||||||6|f|
||Expenditure|on raising voluntary||income|52,300|29,620|
||Investment
management||fees||2,730|2,513|
||||||55,030|32,133|
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|||||||Activities||||
|---|---|---|---|---|---|---|---|---|---|
|||||||undertaken|Support|||
|||||||directlyf|costs|2022
f|2021|
|Development|Work|and|provision|of|club|||||
|services||||||694,824|123,706|818,530|619,144|
|||||||694,824|123,706|818,530|619,144|
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|Support 8 Governance
costs|||
|---|---|---|
||2022|2021|
|||6|
|Staff Costs|20,579|45,366|
|Staff and volunteer|19,876|9,738|
|Office|48,315|45,749|
|Premises|31,423|31,418|
|Governance|1,376|895|
|Other|2,137|3,749|
||123,706|136,915|
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|This is state|d after charging:|||
|---|---|---|---|
|||2022|2021|
|||f||
|Depreciation||3,097|2,777|
|(Profit)/loss|on disposal oftangible asset||( 146)|
|Independent|examiners fee|5,800|5,650|
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||Equipment|Total|
|---|---|---|
||8||
|Cost|||
|At 1 April 2021|18,745|18,745|
|At 31 March 2022|18,745|18,745|
|Depreciation|||
|At 1 April 2021|13,429|13,429|
|Charge for the year|3,097|3,097|
|At 31 March 2022|16,526|16,526|
|Net BookValue|||
|At 31 March 2022|2,219|2,219|
|At 31 March 2021|5,316|5,316|
##
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|||2022|2021|2021|
|---|---|---|---|---|
|||F||E|
|Listed investments||239,220|225,909||
|Cash funds held with investment|managers|7,793|6,254||
|||247,013|232,163||
|Listed investments|||||
|Market Value|||||
|At 1 April 2020|||225,909||
|Additions|||54,494||
|Disposals|||( 54,466|)|
|Unrealised
gain on investments|||13,283||
||||239,220||
|Historical cost|||206,782||
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|Debtors||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
|Trade debtors||||33,917|22,691|
|Prepayments|and accrued||income|14,277|8,842|
|Other debtors||||1,418||
|||||49,612|31,533|
|Creditors: Amounts||falling due within one year||||
|||||2021|2021|
||||||E|
|Trade creditors||||8,217|16,369|
|Accruals and deferred||income||37,565|15,794|
|Social security|& pension||creditor|10,132|17,537|
|||||55,914|49,700|
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|Deferred|income re|lates to grants received
relating to future p|eriods.||
|---|---|---|---|---|
||||2021|2021|
||||E|F|
|Opening|balance||11,131|47,167|
|Resources deferred||during the year|30,135|11,131|
|Amounts|released|from previous years|( 11,131 )|( 47,167 )|
|Closing|balance||30,135|11,131|
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||||Balance|||||Balance|
|---|---|---|---|---|---|---|---|---|
|||At 1|April 2021||||Gains/|31 March|
|||||Income|Expenditure|Transfers|(losses)|2022|
|Unrestricted
funds|||||||||
|General
funds|||251,597|823,652|(812,990 )|789|13,283|276,331|
||||251,597|823,652|( 812,990 )|789|13,283|276,331|
|Designated
funds|||||||||
|Maglin Woods|||229,890|||||229,890|
|Total unrestricted||funds|481,487|823,652|(812,990 )|789|13,283|506,221|
|Restricted funds|||||||||
|Terry Liffen Fund|||3,413||(750 )|||2,663|
|¹iWIII|||1,250||( 1,250 )||||
|85e Anniversary|||13,342||( 12,553 )|(789 )|||
|Blaydon||||4,600|( 4,600 )||||
|Growth
and Resilience|||16,191||( 6,003 )|||10,188|
|Lemington|||3,859|8,225|( 5,915 )|||6,169|
|Throckley||||1,000|( 1,000 )||||
|NWNT||||8,000||||8,000|
|Planet Preservation|Pioneers|||9,915||||9,915|
|Employability
Programme||||11,648||||11,648|
|Schools Work||||20,000|( 10,417 )|||9,583|
|Sports Leadership||||14,130|( 14,130 )||||
|Rye Hill||||53,460||||53,460|
|Other &61000||||3,952|( 3,952 )||||
||||38,055|134,930|(60,570 )|(789 )||111,626|
|Total offunds|||519,542|958,582|( 873,560 )||13,283|617,847|
##
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|Ye
ended||31Mar h 2021|31Mar h 2021|Brought||||Carried|
|---|---|---|---|---|---|---|---|---|
|||||Forward|Income|Expenditure|Transfers|Forward|
||||||F|f|||
|Unrestricted||funds|||||||
|General funds||||175,632|561,697|( 485,732 )||251,597|
|Designated||funds|||||||
|Maglin Woods||||225,000|4,890|||229,890|
|BD Manager||Post||6,000||( 6,000 )|||
|Total||unrestricted|funds|406,632|566,587|( 491,732 )||481,487|
|Restricted||funds|||||||
|Terry Liffen||Fund||3,413||||3,413|
|¹iWIII
85e Anniversary||||4,855
17,648|52,578|( 3,605 )
( 56,884 )||1,250
13,342|
|Apprentice|Fund|||1,300||( 1,300 )|||
|Growth
and||Resilience||3,042|21,261|(8,112)||16,191|
|NE Youth Voices||||9,977||( 9,977 )|||
|Fenham||||2,994||(2,994 )|||
|Throckley||||2,479|14,729|( 17,208 )|||
|Lemington||||5,409||( 1,550 )||3,859|
|Wellbeing|||||30,942|( 30,942 )|||
|Street Games|||||26,973|( 26,973 )|||
|Total||restricted funds||51,117|146,483|( 159,545 )||38,055|
|Total funds||||451,749|683,520|( 651,277 )||519,542|
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|Y ar ended 31Mar h 2022|Unrestricted||Designated|Restricted|Total|
|---|---|---|---|---|---|
||funds||funds|funds|2022|
||||8|f|f|
|Fixed assets|2,219||||2,219|
|Fixed Asset Investments|247,013||||247,013|
|Current assets|85,232||229,890|111,626|426,748|
|Current
liabilities|( 25,779|)||( 30,135 )|( 55,914 )|
||276,331||229,890|111,626|617,847|
|Ye rended 31March 2021|Unrestricted||Designated|Restricted|Total|
||funds||funds|funds|2021|
||||E'|||
|Fixed assets|5,316||||5,316|
|Fixed Asset Investments|232,163||||232,163|
|Current assets|63,818||229,890|38,055|331,763|
|Current
liabilities|( 49,700|)|||( 49,700 )|
||251,597||229,890|38,055|519,542|
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||2021|2020|
|---|---|---|
|Net income for the period|98,305|61,793|
|Adjustments
for:|||
|De preci ation|3,097|2,777|
|Losses / (Gains) on investments|( 13,283 )|( 29,550)|
|Income from investments
(Increase)
/ decrease
in debtors
Increase
/ (decrease)
in creditors
Movement
in investment
cash|( 4,296 )
( 18,078 )
6,214
( 1,539 )|( 4,168)
43,314
( 23,307 )
( 2,155 )|
|Net cash used
in operating
activities|70,420|48,704|