2023-03-31-accounts

	Page
Chair's Executive Statement
Trustees' Annual Report	2 —8
Independent Examiner's Report
Statement of Financial Activities	10
Balance Sheet
Cashf low Statement
Notes to Financial Statements	13-28

Registered		Charity	Number	1139518
Company	Number			07303754
Registered		Office		The New	Inn,	Bridge Street,	Blaydon,	Newcastle			upon	Tyne,		NE21 4JJ
Trustees
The trustees		who	served the charity	during the period were as follows;
J Hart				Resigned	25 May 2022
A Halliwell
W Gill				Resigned	25 May 2022
SVening				Treasurer
M Cave				Chair
N Rogerson
D Lovenbury
Z Lawson				Resigned 25 May 2022
F Lees-Millais				Resigned 25 May 2022
SScott
R Turnbull
D Bawn				Secretary
KGleadow				Appointed	25 August 2022
A Traynor				Appointed	23 February 2023
R Wilson				Appointed	23 February 2023
Key Management			Personnel
J Niblo			Chief Executive
G Lockyer	Turnbull		Head of Operations
Our advisors
Independent
Examiners			Haines Watts			17Queens Lane, Newcastle			upon Tyne, NE1				1RN
Solicitors			David Auld Solicitors			22A Newgate	Street, Morpeth,			Northumberland,			NE61 1BA

				Unrestricted	Restricted	Total	Total
				Funds	Funds	2023	2022
			Notes	F
Income from:
Donations and grants				145,481	166,285	311,766	236,437
Charitable activities				419,670		419,670	560,414
Fundraising income				192,387		192,387	157,435
Investment income				5,220		5,220	4,296
Total income				762,758	166,285	929,043	958,582
Expenditure on:
Raising Funds				63,047		63,047	31,332
Charitable activities				704,579	122,254	826,833	842,228
Total expenditure				767,626	122,254	889,880	873,560
Net Income/(expenditure)				( 4,868 )	44,031	39,163	85,022
Unrealised gain/(loss)		on investment		( 18,776 )		( 18,776 )	13,283
Transfers			19
Net movements in	funds			( 23,644 )	44,031	20,387	98,305
Reconciliation offunds
Total funds brought	forward			506,221	111,626	617,847	519,542
Total funds carried		forward		482,577	155,657	638,234	617,847

			Notes	2023	2022
				E
Fixed assets
Tangible assets			13	11,543	2,219
Investments			14	230,578	247,013
				242,121	249,232
Current assets
Debtors			15	51,440	49,612
Cash at bank and in hand				388,161	374,917
				439,601	424,529
Liabilities
Creditors: amounts		falling due
within one	year		16	( 43,488 )	( 55,914 )
Net current	assets			396,113	368,615
Total assets less total liabilities				638,234	617,847
Funds
Restricted funds				155,657	111,626
Designated	funds			174,110	229,890
Unrestricted	funds			308,467	276,331
			19	638,234	617,847

		Notes		2023	2022
				F
Net cash flow from operating	activities:
Net cash provided by operating	activities	22	19,619	70,420
Cash flows from investment	activities
Interest receivable and investment income				5,220	4,296
Sale of listed investments				9,070	54,466
Purchase of listed investments				( 20,665 )	( 54,494 )
Net cash flow from investing	activities			( 6,375 )	4,268
Net increase in cash and cash equivalents				13,244	74,688
Cash and cash equivalents at	the beginning	ofthe year		374,917	300,229
Cash and cash equivalents at the end of		the year		388,161	374,917

3. Comparative		statement offin	ancial activities
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
			Notes	f		f	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

5.	Income from charitable	Income from charitable	activities	activities
					2023	2022
						E
	Development	work and provision		of club services	419,670	555,089
	Affiliation fees					5,325
					419,670	560,414
6.	Fundraising	income
					2023	2022
						f
	Income from fundraising				192,387	157,435
7.	Investment	income
					2023f	2022
	Income from investments				5,220	4,296
8.	Analysis of expenditure
					2023	2022
	Expenditure	on raising voluntary		income	60,169	52,300
	Investment	management	fees		2,878	2,730
					63,047	55,030

						Activities
						undertaken	Support
						directly	costs	2023	2022
						F		E	'E
Development	Work	and	provision	of	club
services						655,657	171,176	826,833	842,228
						655,657	171,176	826,833	842,228

2023	2022
48,495	20,579
30,384	19,876
43,685	48,315
43,240	31,423
1,200	1,376
4,172	2,137
171,176	123,706

This is stated	after charging:
		2023	2022
			f
Depreciation		3,966	3,097
Independent	examiners fee	6,050	5,800

Staff costs were as follows:
	2023 f	2022f
Wages and salaries	418,810	345,587
Social security costs	36,675	28,155
Other pension costs	19,556	16,340
	475,041	390,082

The avera	ge monthly number of employees during t	he year was as follows:
		2023	2022
		Number	Number
Charitable	activities	23	22

	Equipment	Total
Cost
At 1 April 2022	18,747	18,747
Additions	13,290	13,290
At 31 March 2023	32,037	32,037
Depreciation
At 1 April 2022	16,528	16,528
Charge for the year	3,966	3,966
At 31 March 2023	20,494	20,494
Net BookValue
At 31 March 2023	11,543	11,543
At 31 March 2022	2,219	2,219

		2023	2022
		E
Listed Investments		218,749	239,220
Cash funds held with investment	managers	11,829	7,793
		230,578	247,013
Listed Investments
Market Value			E
At 1 April 2022			239,220
Additions			7,375
Disposals			( 9,070 )
Unrealised gain on investments			( 18,776 )
			218,749
Historical cost			211,155

Debtors
						2023	2022
						f	E
Trade debtors						43,458	33,917
Prepayments and	accrued income					7,982	14,277
Other debtors							1,418
						51,440	49,612
Creditors: Amounts		falling due within one year
						2023	2022
							F
Trade creditors						7,788	8,217
Accruals and deferred		income				31,934	37,565
Social security 8 pension			creditor			2,858	10,132
Other creditors						908
						43,488	55,914
Deferred income
Deferred income relates			to grants received	relating	to future periods.
						2023	2022
							E
Opening balance						30,135	11,131
Resources deferred	during the year					21,455	30, "I35
Amounts released	from previous years					( 30,135 )	(11,131)
Closing balance						21,455	30,135

				Balance					Balance
			At 1	April 2022				Gains/	31 March
					Income	Expenditure	Transfers	(losses)	2023
Unrestricted		funds
General funds				276,331	762,758	( 675,796 )	( 30,000 )	( 18,776 )	338,467
Designated		funds
Maglin Woods				229,890		( 85,780 )			144,110
Merger with		NCAC					30,000		30,000
Restricted	funds
Terry Liffen		Fund		2,663		(750)			1,913
Growth and		Resilience		10,188		( 1,500 )			8,688
Lemington				6,169		( 6,169 )
NWNT				8,000	2,720	( 10,720 )
Planet Preservation			Pioneers	9,915		( 9,915 )
Employability		Programme		11,648	10,000	( 6,427 )			15,221
Schools Work				9,583	5,000	( 9,583 )			5,000
Rye Hill				53,460		( 9,138 )			44,322
Blaydon					19,791	( 11,403 )			8,388
East Durham		Youth			8,830	( 8,830 )
Fenham and		Wingrove			30,000				30,000
Know your Neighbourhood					28,920	( 8,660 )			20,260
Mentoring					29,752	( 21,757 )			7,995
RW Mann					6,000				6,000
Throckley					19,698	( 15,828 )			3,870
Winlaton					4,000				4,000
Other &f1000					1,574	( 1,574 )
				111,626	166,285	( 128,304 )			155,657
Total offunds				617,847	929,043	( 889,880 )		( 18,776 )	638,234

Year ended	3'i March	3'i March	2022
				Balance					Balance
			At 1	April 2021				Gainsl	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
IltWill				1,250		(1,250 )
Healthy and	Happy			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 &f1000					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

Year ended 31March 2023	Unrestricted		Designated	Restricted	Total
	funds		funds	funds	2023
			E		f
Fixed assets	11,543				11,543
Fixed Asset Investments	230,578				230,578
Current assets	109,834		174,110	155,657	439,601
Current liabilities	( 43,488	)			( 43,488 )
	308,467		174,110	155,657	638,234
Year ended 31March 2022	Unrestricted		Designated	Restricted	Total
	funds		funds	funds	2022
					E
Fixed assets	2,219				2,219
Fixed Asset Investments	247,013				247,013
Current assets	52,878		229,890	141,761	424,529
Current liabilities	(25,779	)		( 30,135 )	( 55,914 )
	276,331		229,890	111,626	617,847

	2023	2022
Net income for the period	20,387	98,305
Adjustments for:
Depreciation	3,966	3,097
Losses / (Gains) on investments	18,776	( 13,283 )
Income from investments	(5,220 )	( 4,296 )
(increase) / decrease in debtors	(1,828 )	( 18,078 )
Increase / (decrease) in creditors	( 12,426 )	6,214
Movement in investment cash	(4,036 )	( 1,539 )
Net cash used in operating activities	19,619	70,420