**Charity registration number 1140740**
**Company registration number 07479562 (England and Wales)**
# **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 PAGES FOR FILING WITH REGISTRAR**
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mr K Pemberton Mrs H Spalding Mr L Bramley Miss E Bentley Mr I Stark Mr A Beveridge Mr I A Gordon Mr A Rowe Ms S Hale (Appointed 1 July 2022) Dr W Scott OBE (Appointed 18 January 2022)
**Charity number** 1140740 **Company number** 07479562 **Registered office** Suite 12 First Floor Cargo Fleet Offices Middlesbrough United Kingdom TS6 6XJ **Independent examiner** Anderson Barrowcliff LLP 3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX
**Bankers** Handelsbanken Winder House Kingfisher Way Stockton-On-Tees United Kingdom TS18 3EX
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5 - 6|
|Notes to the financial statements|7 - 20|
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
## **Objectives and activities**
The organisation is a charitable company limited by guarantee.
The Teesside Charity was established with three specific goals in mind:
1. To support community groups and facilities based within Teesside which are in desperate need of funds.
2. To create a new and active local force for good which can help to devise and deliver novel, beneficial and highly visible community projects.
3. To set an example to the rest of the UK as to how an energetic and effective group can be established and organised for the benefit of a large urban area.
## **Significant activities**
The charity's significant works have included assistance to those most affected by the cost of living crisis and the subsequent increase in poverty including donations to food banks, provision of shopping and fuel vouchers and household goods for those most in need.
## **Volunteers**
The charity is organised and managed by the voluntary efforts of our trustees and their respective businesses. No trustees have ever claimed expenses or reimbursements in lieu of actual money spent or time incurred.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
Fundraising activities
The charity's fundraising predominantly comes from significant donations by individuals and businesses.
We made numerous financial grants during the year to organisations representing the objectives of the charity and meeting the relevant criteria. A full breakdown of recipients and the amounts of the individual grants made are detailed in the accounts.
Our income from events once more increased following the cessation of contact restrictions as a result of the COVID-19 pandemic. We remain able to raise funds through our continuing marketing efforts in relation to specific projects that we were seeking to assist.
We believe that the charity remains well placed to do great work and improve the lives of local people.
- 1 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **Financial review**
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between six and twelve month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, for example as a result of economic recession, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The charity's unrestricted general funds were £356,108 at 31 March 2022.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is controlled by its governing document, a deed of trust and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The trustees, who are also the directors for the purpose of company law, who served during the year were: Mr P Davison (Resigned 1 July 2022) Mr D Henderson (Resigned 1 July 2022) Mr K Pemberton Mrs H Spalding Mr L Bramley Miss E Bentley Mr I Stark Mr A Beveridge Mr I A Gordon Ms F Connolly (Resigned 15 November 2021) Mr A Rowe Ms S Hale (Appointed 1 July 2022) Dr W Scott OBE (Appointed 18 January 2022)
Trustees are approached to join based on the following criteria and, after discussions, are invited to join the board:
- Professional standing
- Complimentary skill set to other trustees
- Interest in Teesside and its communities
- Cooperative and helpful nature
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The trustees' report was approved by the Board of Trustees.
## **Mr L Bramley**
Trustee Dated: 15 December 2022
- 2 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
I report to the trustees on my examination of the financial statements of The Teesside Charity - Formerly Middlesbrough and Teesside Philanthropic Foundation (a company limited by guarantee) (the charity) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
David Robertson FCA Anderson Barrowcliff LLP
3 Kingfisher Court Bowesfield Park Stockton on Tees TS18 3EX
Dated: 15 December 2022
- 3 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2022**_
|||**Unrestricted Unrestricted**|**Unrestricted Unrestricted**|
|---|---|---|---|
|||**funds**|**funds**|
|||**2022**|**2021**|
||**Notes**|**£**|**£**|
|**Income from:**||||
|Donations and gifts|**3**|310,657|425,569|
|Charitable activities|**4**|2,990|350|
|Charitable activities for generating funds|**5**|165,988|50,476|
|Investment income|**6**|7|51|
|**Total income**||479,642|476,446|
|**Expenditure on:**||||
|Charitable activities||||
|Direct costs|**7**|280,503|328,941|
|Fundraising and support costs|**7**|249,914|148,956|
|**Total charitable expenditure**||530,417|477,897|
|**Net expenditure for the year/**||||
|**Net movement in funds**||(50,775)|(1,451)|
|Fund balances at 1 April 2021||406,883|408,334|
|**Fund balances at 31 March 2022**||356,108|406,883|
All income and expenditure derive from continuing activities.
All funds during the year were unrestricted.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 4 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2022**_
|**Notes**
**Fixed assets**
Tangible assets
**11**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds-general
Designated funds:
Caravan fund
**15**
General unrestricted funds|**2022**
**£**
9,923
300,663
310,586
(40,655)
8,000
8,000
348,108|**£**
86,177
269,931
356,108
356,108
356,108|**2021**
**£**
15,330
300,621
315,951
(5,161)
-
-
406,883|**£**
96,093
310,790|
|---|---|---|---|---|
|||||406,883|
|||||406,883|
|||||406,883|
- 5 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **BALANCE SHEET (CONTINUED)**
## _**AS AT 31 MARCH 2022**_
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The accounts were approved by the Trustees on 15 December 2022
Mr L Bramley
**Trustee**
## **Company Registration No. 07479562**
- 6 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **1 Accounting policies**
## **Charity information**
The Teesside Charity - Formerly Middlesbrough and Teesside Philanthropic Foundation (a company limited by guarantee) is a private company limited by guarantee incorporated in England and Wales. The registered office is Suite 12 First Floor, Cargo Fleet Offices, Middlesbrough, TS6 6XJ, United Kingdom.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" including the provisions of Section 1A "Small Entities". The charity is a Public Benefit Entity as defined by FRS 102..
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Grants payable**
Grants payable are accounted for when paid. Grants payable are payments made to third parties in the furtherance of the charitable objects of the charity.
- 7 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **1 Accounting policies**
## **(Continued)**
## **1.6 Resources expended**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost relating to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **1.7 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold property Over the life of the lease Office equipment 3 years straight line Fixtures, fittings and equipment 5 years straight line Caravans 10 years straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.8 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.9 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 8 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **1 Accounting policies**
## **(Continued)**
## **1.10 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.11 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
- 9 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and gifts**
||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**general**|**general**|
||**2022**|**2021**|
||**£**|**£**|
|Donations and gifts|290,272|420,155|
|Donations in kind|19,500|-|
|Government Grants - CJRS|885|5,414|
||310,657|425,569|
## **Donations in kind**
During the year the charity received services in regards to branding and creative support from Better, a local brand agency and charity patron and supporter. The related costs of these services are included in marketing costs in Note 7.
## **4 Charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**Income**|**Income**|
||**2022**|**2021**|
||**£**|**£**|
|Charitable rental income|2,990|350|
- 10 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **5 Charitable activities for generating funds**
||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**general**|**general**|
||**2022**|**2021**|
||**£**|**£**|
|Event income|165,988|50,476|
## **6 Investment income**
||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**general**|**general**|
||**2022**|**2021**|
||**£**|**£**|
|Interest receivable|7|51|
- 11 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **7 Charitable activities**
|**Direct costs**
**Fundraising**
**and support**
**costs**
**Total**
**2022**
**£**
**£**
**£**
Staff costs
-
78,463
78,463
Depreciation and impairment
12,899
1,549
14,448
Grant admin and monitoring
-
3,780
3,780
Running costs
-
19,377
19,377
Event costs
-
93,518
93,518
Marketing and PR
-
50,107
50,107
Independent examiner's fees
-
800
800
Accountancy
-
2,320
2,320
Caravan maintenance and visit costs
39,872
-
39,872
52,771
249,914
302,685
Grant funding of activities (see note 8)
227,732
-
227,732
280,503
249,914
530,417
See note 3 re "in kind" marketing costs.
The amounts included in Direct Costs relate to the charity's three caravans (2021 - three).|**Total**
**2021**
**£**
73,427
14,739
3,530
13,395
34,700
17,666
800
3,176
17,484|
|---|---|
||178,917
298,980|
||477,897|
|||
|**Comparative year information**
**Year ended 31 March 2021**
**Direct costs**
**Fundraising**
**and support**
**costs**
**£**
**£**
Staff costs
-
73,427
Depreciation and impairment
12,477
2,262
Grant admin and monitoring
-
3,530
Running costs
-
13,395
Event costs
-
34,700
Marketing and PR
-
17,666
Independent examiner's fees
-
800
Accountancy
-
3,176
Caravan maintenance and visit costs
17,484
-
29,961
148,956
Grant funding of activities (see note 8)
298,980
-
328,941
148,956|**Total**
**2021**
**£**
73,427
14,739
3,530
13,395
34,700
17,666
800
3,176
17,484|
|---|---|
||178,917
236,542|
||477,897|
- 12 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **8 Grants payable**
|**Grants to charities and**|**Direct**|**Golden**|**School**|**Covid **|**Christmas**|**2022**|**2021**|
|---|---|---|---|---|---|---|---|
|**institutions:**|**costs**|**Giveaway**|**Hardship**||**Giving**|||
||||**Fund**|||||
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Mill Lane Primary|2,430|-|-|-|-|2,430|2,322|
|St Bedes Catholic||||||||
|Academy|-|-|-|-|-|-|3,176|
|Butterwick Hospice|2,000|-|-|-|-|2,000|2,960|
|Zoe's Place|2,000|-|-|-|-|2,000|2,000|
|Alice House Hospice|2,000|-|-|-|-|2,000|2,000|
|Salvation Army|-|-|-|-|10,293|10,293|9,459|
|Active Tees Valley|-|-|-|-|-|-|6,100|
|Teesside Dementia Link|-|-|-|-|-|-|1,750|
|Russ Devereux Headlight||||||||
|Project|3,200|-|-|-|-|3,200|28,634|
|Trinity Family Friendly||||||||
|Centre|-|-|-|-|-|-|250|
|The Big League CIC||||||||
|(Poolie Time Exchange)|-|-|-|-|-|-|2,832|
|Acklam Grange School|-|-|-|-|-|-|3,000|
|Ad Astra Academy Trust|-|-|-|-|-|-|5,955|
|All Kids First|-|-|-|-|-|-|7,500|
|Ayresome Primary School|-|-|-|-|-|-|3,150|
|Billingham Food Bank|-|-|-|-|-|-|5,828|
|Durham Lane Primary|-|-|-|-|-|-|2,004|
|English Martyrs Catholic||||||||
|School|-|-|-|-|-|-|2,964|
|Fareshare North East||||||||
|(MEC)|-|-|-|-|-|-|30,000|
|Green Gates Primary||||||||
|School|-|-|-|-|-|-|2,104|
|Handale Primary School -||||||||
|Loftus|-|-|-|-|-|-|2,300|
|Hartlepool Foodbank|-|-|-|-|-|-|5,194|
|Hartlepool Vision Support|-|-|-|-|-|-|3,390|
|Hartlepower CIO|3,000|-|-|-|-|3,000|5,000|
|Hemlington Hall Academy|-|-|-|-|-|-|2,250|
|High Clarence Primary||||||||
|School|-|-|-|-|-|-|3,050|
|Home-Start Teesside|-|-|-|-|-|-|5,000|
|Ingleby Manor Free School|-|-|-|-|-|-|2,389|
|Kings Academy|-|-|-|-|-|-|3,640|
|Little Sprouts Health and||||||||
|Wellbeing|-|-|-|-|-|-|7,757|
|Middlesbrough Foodbank|-|-|-|-|-|-|5,426|
|Musical Dots Education||||||||
|CIC|2,500|-|-|-|-|2,500|2,500|
|My Sisters Place|-|-|-|-|-|-|2,192|
- 13 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**8 **|**Grants payable**|||||||**(Continued)**|
|---|---|---|---|---|---|---|---|---|
||**Grants to charities and**|**Direct**|**Golden**|**School**|**Covid **|**Christmas**|**2022**|**2021**|
||**institutions:**|**costs**|**Giveaway**|**Hardship**||**Giving**|||
|||||**Fund**|||||
|||**£**|**£**|**£**|**£**|**£**|**£**|**£**|
||Newport Primary School|-|-|-|-|-|-|3,525|
||Our Lady & St Bede's||||||||
||Catholic Academy|-|-|-|-|-|-|2,843|
||Outwood Ormesby|-|-|-|-|-|-|3,000|
||Redcar Area Foodbank|-|-|-|-|-|-|5,326|
||River Tees Multi Academy||||||||
||Trust|-|-|-|-|-|-|5,255|
||Rye Hills Academy|-|-|-|-|-|-|3,765|
||Sacred Heart Catholic||||||||
||Primary School - Redcar|-|-|-|-|-|-|3,645|
||Skelton Primary School|-|-|-|-|-|-|2,377|
||South Tees NHS||||||||
||Theraputic Care|-|-|-|-|-|-|2,191|
||St Cuthberts RC Primary|-|-|-|-|-|-|2,904|
||St Michaels School|-|-|-|-|-|-|2,843|
||St Thomas More RC||||||||
||Primary|-|-|-|-|-|-|2,900|
||Tees Valley Education|-|-|-|-|-|-|2,000|
||Teesside Hospice|3,955|-|-|-|-|3,955|3,784|
||The Moses Project|550|-|-|-|1,750|2,300|2,151|
||Trinity Catholic College|-|-|-|-|-|-|3,250|
||Unity City Academy|-|-|-|-|-|-|3,200|
||Autism Parents Together|-|5,000|-|-|-|5,000|-|
||Billingham Foodbank|1,000|-|-|-|1,000|2,000|-|
||Community Campus 87||||||||
||Limited|8,000|-|-|-|-|8,000|-|
||Community Ventures|10,000|-|-|-|-|10,000|-|
||FAST Fund Donations|11,375|-|-|-|-|11,375|-|
||Fibro-Connect-T S|3,305|-|-|-|-|3,305|-|
||G5 Sports Services Ltd|3,800|-|-|-|-|3,800|-|
||Leo's|4,150|-|-|-|-|4,150|-|
||LilyAnne's C.I.C|3,960|-|-|-|-|3,960|-|
||Liverton Parochial Church||||||||
||Council|3,000|-|-|-|-|3,000|-|
||MHA Communities||||||||
||Teesside|2,000|-|-|-|-|2,000|-|
||MIND|3,000|-|-|-|-|3,000|-|
||Powersport Engineering|4,280|-|-|-|-|4,280|-|
||Something Positive||||||||
||Solutions|3,436|-|-|-|-|3,436|-|
||Stainsby Grange Pegasus||||||||
||CIC|2,500|-|-|-|-|2,500|-|
||Starmakerz|2,050|-|-|-|-|2,050|-|
||Teesside Academy of||||||||
||Gymnastics|5,000|-|-|-|-|5,000|-|
- 14 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**8 Grants payable**
**Grants to charities and**
**institutions:**
**Direct**
**costs**
**Golden**
**Giveaway**
**School**
**Hardship**
**Fund**
**£**
**£**
**£**
Teesside Hero
11,570
-
-
Teesside Samaritans
-
2,500
-
The Shack Community
Projects
4,000
-
-
Vision25
5,000
-
-
Youth Focus North East
3,200
-
-
Other grants below £2,000
33,787
17,458
10,099
150,049
24,958
10,099|**Covid Christmas**
**Giving**
**2022**
**2021**
**£**
**£**
**£**
**£**
**(Continued)**
-
-
11,570
-
-
-
2,500
-
-
-
4,000
-
-
-
5,000
-
-
-
3,200
-
10,123
19,460
90,928
69,944
10,123
32,502
227,732
298,980|
|---|---|
- 15 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **8 Grants payable**
**(Continued)**
|**Comparative year information**||||||
|---|---|---|---|---|---|
|**Year ended 31 March**|**Direct**|**School**|
**Covid-19/21**|**Christmas**|**2021**|
|**2021**|**costs**|**Hardship**||**Giving**||
|||**Fund**||||
|Mill Lane Primary|-|-|375|-|2,322|
|St Bedes Catholic||||||
|Academy|-|450|500|-|3,176|
|Butterwick Hospice|2,000|-|960|-|2,960|
|Zoe's Place|2,000|-|-|-|2,000|
|Alice House Hospice|2,000|-|-|-|2,000|
|Salvation Army|-|-|500|8,959|9,459|
|Active Tees Valley|5,000|-|-|1,100|6,100|
|Teesside Dementia Link|1,750|-|-|-|1,750|
|Russ Devereux Headlight||||||
|Project|28,634|-|-|-|28,634|
|Trinity Family Friendly||||||
|Centre|250|-|-|-|250|
|The Big League CIC||||||
|(Poolie Time Exchange)|1,000|-|832|1,000|2,832|
|Acklam Grange School|-|-|-|-|3,000|
|Ad Astra Academy Trust|-|-|-|-|5,955|
|All Kids First|7,500|-|-|-|7,500|
|Ayresome Primary School|-|400|750|-|3,150|
|Billingham Food Bank|1,500|-|3,328|1,000|5,828|
|Durham Lane Primary|-|-|-|-|2,004|
|English Martyrs Catholic||||||
|School|-|-|-|-|2,964|
|Fareshare North East||||||
|(MEC)|30,000|-|-|-|30,000|
|Green Gates Primary||||||
|School|-|-|100|-|2,104|
|Handale Primary School -||||||
|Loftus|-|50|-|-|2,300|
|Hartlepool Foodbank|1,500|-|2,694|1,000|5,194|
|Hartlepool Vision Support|3,390|-|-|-|3,390|
|Hartlepower CIO|5,000|-|-|-|5,000|
|Hemlington Hall Academy|-|-|-|-|2,250|
|High Clarence Primary||||||
|School|-|800|250|-|3,050|
|Home-Start Teesside|5,000|-|-|-|5,000|
|Ingleby Manor Free School|-|25|-|-|2,389|
|Kings Academy|-|240|400|-|3,640|
|Little Sprouts Health and||||||
|Wellbeing|5,605|-|2,152|-|7,757|
|Middlesbrough Foodbank|1,500|-|2,926|1,000|5,426|
|Musical Dots Education||||||
|CIC|2,500|-|-|-|2,500|
|My Sisters Place|-|-|1,688|504|2,192|
- 16 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**8 Grants payable**
**Year ended 31 March**
**2021**
Newport Primary School
Our Lady & St Bede's
Catholic Academy
Outwood Ormesby
Redcar Area Foodbank
River Tees Multi Academy
Trust
Rye Hills Academy
Sacred Heart Catholic
Primary School - Redcar
Skelton Primary School
South Tees NHS
Theraputic Care
St Cuthberts RC Primary
St Michaels School
St Thomas More RC
Primary
Tees Valley Education
Teesside Hospice
The Moses Project
Trinity Catholic College
Unity City Academy
Other grants below £2,000|**Direct**
**costs**
**School**
**Hardship**
**Fund**
**Covid-19/21 Christmas**
**Giving**
-
800
750
-
-
-
-
-
-
-
-
-
1,500
-
2,826
1,000
-
-
255
-
-
250
375
-
-
-
-
-
-
-
-
-
-
-
2,191
-
-
400
500
-
-
-
-
-
-
400
500
-
-
-
-
-
3,144
-
640
-
-
-
458
1,693
-
-
250
-
-
-
200
-
9,180
6,320
31,557
11,302
119,953
10,135
57,957
28,557|**2021**
**(Continued)**
3,525
2,843
3,000
5,326
5,255
3,765
3,645
2,377
2,191
2,904
2,843
2,900
2,000
3,784
2,151
3,250
3,200
69,944
298,979|
|---|---|---|
## **9 Trustees**
None of the trustees (or any persons connected with them) received any remuneration, benefits or expenses from the charity during the year.
## **10 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
|Administration|4|4|
There were no employees whose annual remuneration was £60,000 or more.
- 17 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**11**
**Tangible fixed assets**
**Leasehold**
**property**
**Office**
**equipment**
**Fixtures,**
**fittings and**
**equipment**
**£**
**£**
**£**
**Cost**
At 1 April 2021
10,140
2,943
4,039
Additions
-
165
-
At 31 March 2022
10,140
3,108
4,039
**Depreciation and impairment**
At 1 April 2021
5,475
2,183
4,039
Depreciation charged in the year
1,014
535
-
At 31 March 2022
6,489
2,718
4,039
**Carrying amount**
At 31 March 2022
3,651
390
-
At 31 March 2021
4,665
760
-
**12**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Taxes and social security costs
Prepayments and accrued income
**13**
**Creditors: amounts falling due within one year**
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income|**Caravans**
**£**
125,353
4,365
129,718
34,683
12,899
47,582
82,136
90,668
**2022**
**£**
8,310
-
1,613
9,923
**2022**
**£**
-
10,495
27,708
2,452
40,655|**Total**
**£**
142,475
4,530|
|---|---|---|
|||147,005|
|||46,380
14,448|
|||60,828|
|||86,177|
|||96,093|
|||**2021**
**£**
13,250
518
1,562|
|||15,330|
|||**2021**
**£**
321
1,541
-
3,299|
|||5,161|
- 18 -
## **THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **14 Unrestricted funds**
The income funds of the charity include unrestricted funds comprising the following:
||||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|---|
|||**Balance at**|**Incoming**|**Resources**|**Transfers**|**Balance at**|
||**1**|**April 2021**|**resources**|**expended**||**31 March**|
|||**£**|**£**|**£**|**£**|**2022**
**£**|
|Unrestricted funds||406,883|460,142|(510,917)|(8,000)|348,108|
## **15 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|**Movement**
**in funds**
**Incoming**
**resources**
**Balance at**
**1 April 2021**
**£**
**£**
Caravan fund
-
-
-
-|**Transfers**
**Balance at**
**31 March**
**2022**
**£**
**£**
8,000
8,000
8,000
8,000|**Transfers**
**Balance at**
**31 March**
**2022**
**£**
**£**
8,000
8,000
8,000
8,000|
|---|---|---|
|||8,000|
The designated fund relates to funds allocated to purchase an additional caravan to add to the three already in use by the charity for charitable purposes.
## **16 Related party transactions**
## **Remuneration of key management personnel**
The remuneration of key management personnel (including employer pension contributions and employer national insurance) is as follows.
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Aggregate renumeration|37,770|36,928|
- 19 -
**THE TEESSIDE CHARITY - FORMERLY MIDDLESBROUGH AND TEESSIDE PHILANTHROPIC FOUNDATION (A COMPANY LIMITED BY GUARANTEE)**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **16 Related party transactions**
## **(Continued)**
## **Transactions with related parties**
During the year the charity entered into the following transactions with related parties:
|||**Donations and**|**Donations and**|**Purchase of**|**Balance**|
|---|---|---|---|---|---|
|||**patronage**|**received**|**services**|**outstanding**|
|||**Personal**|**Company**|**Company**|**Company**|
|||**2022**|**2022**|**2022**|**2022**|
|**Trustee**|**Related company**|**£**|**£**|**£**|**£**|
|P Davison|Erimus Insurance Brokers Limited|-|8,438|1,691|-|
|D Henderson|PX Limited|20|7,049|-|-|
|K Pemberton|Active Financial Planners Limited|-|3,709|-|-|
|H Spalding|Mandale Property Group Ltd|-|11,059|-|-|
|L Bramley|The Endeavour Partnership LLP|38|7,849|1,072|1,118|
|E Bentley|Bentleys Coffee Shop|718|167|-|833|
|I Stark||5,403|-|-|-|
|A Beveridge|The Build Directory|-|1,549|-|-|
|I Gordon|Vitality Dental Ltd|-|5,000|-|-|
|I Gordon|Riverdale Healthcare|-|-|-|-|
|F Connolly|Plastic Furniture Company Ltd|4,657|4,000|-|-|
|A Rowe|Azets Holdings Limited|714|6,604|2,160|(606)|
|S Hale|PX Limited|-|-|-|-|
|W Scott|Wilton Group|4,743|1,929|-|-|
- 20 -