**Company Registration Number: 06868423 Charity Registration Number: 1141017**
## **R T Community Projects Ltd Financial Statements**
## **For the year ending 31 March 2025**
## **JANE ASCROFT AACCOUNTANCY LIMITED**
Chartered Accountants Enterprise House Harmire Enterprise Park Barnard Castle Durham DL12 8XT
## **R T Community Projects Ltd**
## **Financial Statements**
**Year ended 31 March 2025**
||**Page**|
|---|---|
|Trustees' annual report (incorporating the director's report)|**1**|
|Independent examiner's report to the trustees|**14**|
|Statement of financial activities (including income and expenditure account)|**15**|
|Statement of financial position|**16**|
|Notes to the financial statements|**17**|
|**The following pages do not form part of the financial statements**||
|Detailed statement of financial activities|**30**|
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)**
## **Year ended 31 March 2025**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
## **Compassion. Community. Creativity.**
## **Chair's Report**
This year has been one of holding steady, a year where resilience, rather than growth, became our greatest focus.
In a climate where so many small charities are closing their doors, RT Minds has continued to stand. Not because it's been easy, but because what we do matters too much to stop. While our finances have been stretched and the future at times uncertain, our commitment has never wavered. Week after week, people have walked through the doors of The Open Art Surgery to find light, laughter, and belonging when they needed it most.
We have focused on stability: maintaining our core sessions, protecting our safe spaces, and ensuring that every penny and every ounce of energy goes where it's most needed - directly to the people we support. It's been a year of making things work, together, through care, creativity, and sheer determination.
Despite the challenges, our impact has remained profound. Over 170 creative sessions, 500 hours of one-to-one support, and countless moments of human connection, cups of tea, shared songs, laughter, and quiet understanding have carried people through dark times. The creativity that fills our studio each week continues to heal, inspire, and connect.
This has also been a year of learning. We've learned how to stretch resources without stretching people beyond their limits; how to adapt when funding is delayed; and how to keep hope alive even when the road ahead feels uncertain.
To our funders, partners, and volunteers thank you for believing in us and standing with us. Your support means more than you may ever know. To everyone who takes part in our sessions, you remind us every day why RT Minds exists: because connection saves lives.
As we look ahead, our aim is simple: to keep the lights on, the doors open, and the creativity flowing. We may be surviving, but we are also sustaining something precious: a community where people are seen, heard, and held.
_Simon Woolley Chair of Trustees, RT Minds_
**1**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Objects**
The objects of the charity, as set out in our constitution are:
1) The promotion, preservation and protection of good mental and emotional health through the provision of art projects and courses.
2) To advance the education of the public in the creative and visual arts by the provision of educational courses, facilities and other support.
## **Impact Overview**
## **RT Minds - Impact Value in 2024-25**
A year of creativity, compassion, and community.
- 170+ creative sessions delivered across the year
- 75 direct beneficiaries
- 247 people reached through wider projects and events
- 500+ hours of one-to-one emotional and practical support
- 15 volunteers contributing over 1,000 hours of time and care
- 82% improved their mental health; 100% felt less isolated
- £200,000-£250,000 estimated annual social value created
- Equivalent to £5-£7 of social value for every £1 invested
- Every conversation, every creative act, every saved life - proof that connection works.
Creativity doesn't just inspire art. It inspires connection, confidence, and healing.
## **Core Activity**
## **RT Minds - Our Core Weekly Sessions**
Every week, RT Minds runs regular creative wellbeing groups that provide structure, connection, and purpose for people living with mental health challenges. These groups are the foundation of everything we do: safe, non-clinical spaces where creativity becomes a pathway to better mental health.
A mental health support worker is present at every session, offering both practical and emotional support. People can also access signposting and advice through our network of partner organisations.
These sessions are the beating heart of RT Minds - safe, creative spaces where people find connection, confidence, and calm. Week after week, they provide routine, purpose, and belonging.
## **Impact Snapshot (Core Sessions)**
- 82% improved their mental health or wellbeing
- 90% learned new coping strategies
- 100% felt less isolated
- 500+ hours of one-to-one support provided
- 15 volunteers contributed over 1,000 hours of time
- 247 people engaged through creative activity
These outcomes don't just improve wellbeing - they reduce NHS demand and prevent crisis.
"Before coming here, I felt completely alone. At RT Minds I've made friends, learned to paint again, and now I have ways to calm myself when things get tough. It feels like I belong."
**2**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
This year we have run the following groups:
## **Headspace - Thursday Mornings**
A gentle, welcoming session focused on mindfulness and creative self-expression. Participants explore activities such as drawing, painting, and poetry while sharing conversation and mutual support. Headspace helps people start their day with calm, connection, and confidence.
## **Arts & Minds - Thursday Afternoons**
Our flagship creative wellbeing group, Arts & Minds combines art-making with community and laughter. Each week offers new creative activities - from painting and ceramics to music and mixed media - guided by skilled facilitators and supported by our in-house mental health team.
## **Crafty Café - Wednesday Afternoons**
The Crafty Café offers a warm, drop-in space for people who may be feeling isolated or anxious to engage in creative activity, share a cup of tea, and receive mental health support if needed. Activities include painting, ceramics, printmaking, singing, and songwriting, with a mix of group demonstrations and one-to-one guidance.
_Funded by: The National Lottery Community Fund - Awards For All, Garfield Weston Foundation, The Sir James Knott Trust, The Robert Gavron Charitable Trust, The Barbour Foundation, Launchpad (Durham University Charity Fashion Show), St Jude's Trust, Durham County Council Public Health (CREE Suicide Prevention Grant), Happiness Hubs Fund._
## **Sounds Good**
Originally conceived as a way for pals to stay connected during the pandemic lockdowns, Sounds Good has evolved into one of RT Minds' most joyful and enduring traditions. Held on the first Thursday of each month, it blends music, conversation, and community in a format that's both heart-warming and a little bit bonkers, in the best possible way.
Each month, a musical guest joins us for an interview and performs three songs. These range from local favourites like Simon Wood and Faithful Johannes, to nationally recognised artists such as Anna Renae, Alex Seel, and Dan Raza.
Alongside the guest slots, Sounds Good continues to feature a host of well-loved segments: Adam's Albums shines a light on the best new music chosen by a Fatea Magazine reviewer; Beano's Bonkers Bits explores the weird and wonderful corners of the internet; our Open Mic welcomes anyone who wants to share a song, poem, or story; and the Jukebox Track gives everyone's musical taste a chance to shine. No wonder it's attracted fans from across the UK and beyond, logging in to join the mirth and merriment.
But beyond the fun, Sounds Good has real emotional impact. For many participants, it's a lifeline, a regular space for connection, laughter, and creative expression that combats loneliness and supports wellbeing. The familiar faces, shared laughter, and collective applause offer something rare: a genuine sense of belonging. Participants often describe it as "the highlight of their month", a reminder that music, humour, and community spirit can lift even the heaviest hearts.
## **Impact of Sounds Good**
- 12 sessions delivered across the year (first Thursday of every month).
- 12 guest artists featured, from local performers to international musicians.
- 15 open-mic performances shared by participants.
- 58 regular attendees joining live in the studio and online.
- Participants and listeners from 5 countries 18 regions
- 100% of participants said Sounds Good helps them feel more connected and uplifted.
**3**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Growth & Development**
## **Growing Our Core: Men's Shed**
This year, we expanded our weekly offer by relaunching the Men's Shed after a 5 year hiatus.
This project builds on the success of our existing sessions, creating a dedicated space for men to meet, talk, and take part in creative and practical activities in a supportive, non-judgemental environment. The group is designed to help men improve their wellbeing, reduce isolation, and build confidence through shared purpose and community.
The Men's Shed was created to reach men who are often least likely to seek support: those who feel isolated, uncertain how to talk about their mental health, or who simply prefer to "get stuck in" rather than "open up." By focusing on practical, creative activity and shared purpose, the Shed provides a relaxed, stigma-free space where connection grows naturally.
Over the past year, we've established a welcoming community through regular sessions, outdoor projects, and social events such as barbecues. Activities like woodworking, gardening, and music have encouraged men to engage in ways that feel authentic and comfortable.
We've learned that men are often drawn to purposeful, skill-based activity rather than traditional "support groups." Avoiding labels, offering hands-on sessions, and inviting peer leadership have been key to engagement. As one participant said, "If you'd called it a support group, I wouldn't have come. But making stuff? I'm there."
Co-design sits at the heart of the Shed. Ideas often start over a shared breakfast and grow into new activities - from leatherwork and bushcraft to mural painting and music sessions. This sense of ownership builds confidence and belonging.
The Shed's impact goes beyond the sessions themselves. It's helping men meet three essential needs - autonomy, competence, and connection - by giving them choice, skills, and friendship. As one participant put it, "It's the only thing I go to that doesn't feel like I'm getting help - I'm just doing something I like, with people I like."
With around 10 men now regularly attending, emerging "Shed Champions" supporting peers, and growing community interest, the Shed has become more than a project - it's a lifeline, laying strong foundations for a sustainable, peer-led space where men can thrive.
- 7 sessions delivered so far, held weekly at The Open Art Surgery.
- 21 men supported this year - including those experiencing isolation, anxiety & suicidal thoughts.
- 4 creative facilitators involved, including 2 visiting artists.
- 3 outdoor BBQ meet-ups and hands-on taster days helped attract new participants.
- 85% of attendees said they feel more connected and confident since joining.
- 3 emerging "Shed Champions" now supporting and mentoring peers.
"I�'� �he ��l� �hi�g I g� �� �ha� d�e��'� feel like I'm ge��i�g hel�� I'm j��� d�i�g ��me�hi�g I like, �i�h people I like."
_Funded by The Baring Foundation & Happiness Hubs (NHS NENC ICB)_
**4**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Creative Projects**
Alongside our weekly sessions, RT Minds delivers creative projects that explore specific themes of hope, identity, and community. These projects give participants new ways to grow, connect, and express themselves.
## **The Artistic Spectrum Project**
## _Funded by NHS Health Improvement Fund via Point North_
The Artistic Spectrum Project created a safe and welcoming space where autistic adults and people with mental health challenges could explore creativity, connect with others, and express themselves freely. Over 16 weeks, 20 participants took part in art workshops led by a trauma-informed facilitator, supported by a mental health worker. Together, they worked with clay, collage, printmaking, and more. For many, it was the first time they felt comfortable in a social space without the need to mask who they are. Participants left with renewed confidence, stronger peer connections, and new tools for maintaining their wellbeing.
Autistic adults face high rates of mental health difficulties and suicide risk. Many feel excluded from community spaces due to stigma, sensory challenges, or the pressure to mask their traits. Locally, there are few safe, creative spaces tailored to autistic adults. We saw a clear growth in confidence, self-esteem, social connection, and creative expression. Extended support was offered around benefits, advocacy, and crisis needs. However, despite this successful initiative, participants still face poverty, isolation, and mental health struggles, underlining the need for longer-term, consistent provision. We hope to build on what we learned and continue to provide safe, co-produced social spaces for autistic adults with mental health challenges.
## **Impact of The Artistic Spectrum Project**
- 20 autistic adults took part in a 16-week creative wellbeing programme.
- 95% reported feeling calmer and more confident in social settings.
- 85% said creative activity helped them manage anxiety or sensory overwhelm.
- 90% felt understood and accepted - many for the first time in a group setting.
- Participants explored collage, clay, printmaking, and painting in a trauma-informed, non-clinical
- environment.
- 80% now attend other RT Minds sessions, showing sustained confidence and connection beyond
- the project.
- "I never imagined I could feel so comfortable in a social space."
**5**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Musical Minds**
Our Musical Minds project, supported by a £1,998 grant from the Belmont Fund, gave 16 people the opportunity to explore rhythm, sound and connection. Through six uplifting music workshops, participants discovered the power of music to boost confidence, creativity and wellbeing.
Held at The Open Art Surgery in Gilesgate, Durham, the sessions provided a welcoming, non-clinical space where everyone felt safe, relaxed and inspired. Guided by experienced music facilitators and supported by our Mental Health Lead, participants tried new instruments, played collaboratively and expressed themselves freely through sound.
Many found that music opened the door to new connections - several went on to join other RTProjects activities or perform at our weekly Sounds Good sessions. One participant shared, "I felt safe, relaxed and part of something. That doesn't happen for me very often."
## **Impact of Musical Minds**
- 16 participants engaged in six joyful 2.5-hour workshops.
- Delivered by experienced music facilitators with on-site mental health support.
- Participants learned instruments, collaborated creatively, and gained confidence.
- Many went on to perform at "Sounds Good" Thursday sessions.
"Music unlocked something in me - I didn't think I could feel this light again."
_Funded by the Belmont Fund_
**6**
**R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Blossom with Crook Hall & Gardens**
In spring 2024, RT Minds took part in Blossom, a national initiative led by the National Trust. The Festival of Blossom is a joyful, reflective celebration of nature and community, running from March to May each year. It encourages people across the country to connect with nature and one another through creative, local events inspired by the beauty of blossom.
As part of this initiative, RT Minds delivered a series of printmaking workshops using natural materials, celebrating both creativity and the natural world. These workshops were run in collaboration with community partners Durham City of Sanctuary, and Crook Hall visitors.
Participants explored printmaking techniques using leaves gathered from local green spaces, creating unique artworks that captured the patterns and textures of nature. The sessions provided opportunities for reflection, creativity, and connection - both with the environment and with each other.
Through our involvement, RT Minds supported the Blossom aims of strengthening relationships with local communities, promoting wellbeing through creative engagement with nature, encouraging collaboration across community groups and organisations.
The workshops were well received, fostering a sense of belonging and shared joy among participants. By blending art, mindfulness, and environmental appreciation, RT Minds contributed to a celebration that reflected the true spirit of Blossom, connecting people through nature, creativity, and community.
## **Impact of Blossom**
- 3 community printmaking workshops
- 30 Participants learned new skills, collaborated creatively, and gained confidence.
- 100% of participants said they felt a greater sense of wellbeing & more connected to nature as a
- result of their experience.
## _Funded by The National Trust_
**7**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Lanterns of Hope**
Lanterns of Hope was a magical celebration of light, creativity, and community spirit. Held at Crook Hall Gardens in October 2024, the event marked the start of winter with a stunning lantern parade and performances that brought together people from across County Durham - including some of the region's most marginalised and isolated groups.
In the weeks leading up to the event, over 12 community workshops invited people to craft lanterns that represented hope, resilience, and recovery. Participants included men from Man Up Durham, refugees from Durham City of Sanctuary, autistic people, members of RT Minds, and the Wider World Project. Each lantern carried a personal story of light emerging from darkness.
The evening itself was unforgettable. Hundreds of handmade lanterns illuminated the historic gardens, while visitors added their own words of encouragement to a glowing Tree of Hope. A gentle parade wound through the grounds, accompanied by music from Simon Wood, the Durham Nightingales, and the Durham University Chapel Choir, alongside moving spoken-word and song performances from local artists.
The response was overwhelming - many described the event as "healing," "uplifting," and"a reminder of the goodness in people." For some, it provided a vital sense of belonging and emotional renewal during difficult times.
More than just a one-off event, Lanterns of Hope showed how creativity can connect people across differences, nurture wellbeing, and spark community pride. With support from Public Health and our many partners, we turned darkness into light - together.
## **Impact of Lanterns of Hope**
- 12 community lantern-making workshops
- 80+ messages added to the Tree of Hope
- 24 performing groups and artists
- 100+ attendees at Crook Hall Gardens
- Countless moments of connection, reflection & joy
_Funded by Public Health Big Art Fund via Durham Area Action Partnership_
**8**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Partnerships & Thanks**
## **Together, We Achieve More**
Change doesn't happen alone, it's built through partnership, trust, and shared purpose. In 2024-25, we joined forces with passionate partners who believe in a better future. Each collaboration brought new energy and ideas that helped us achieve our mission.
We gratefully acknowledge the following partners for their invaluable contributions in in 2024-25: Autism Matters Teesside, Bookwyrm (LGBTQ+), Durham City of Sanctuary (Refugees), Crook Hall & Gardens DUFSC (Charity Fashion Show) - Launchpad - the outreach arm of DUFSC, Durham Area Youth, Durham Constabulary, Durham University, Harbour Women's Refuge, Hotel Indigo, Jack Drum Arts, John Snow college, Josephine Butler College, Man Up Durham, Oriental Museum , Overbury, , Shadforth Parish Council, , St Joseph's Church, UK Mens Shed Association UKMSA: University College Choir, University College.
## **Thank you to our ongoing Partners:**
**GP surgeries throughout County Durham:** Belmont Medical Group, Chastleton Medical Centre, Gilesgate Medical Practice, Ushaw Moor Surgery, Claypath and University Medical group
**NHS Trusts:** NHS Community Mental Health Durham West, NHS CTNW , Durham City Community Mental Health Team, TEWV.
**Statutory Organisations:** Dept for Work & Pensions, Durham County Council Support & Recovery, Durham County Council Welfare Rights Service, Public Health, Healthwatch
**VCS Infrastructure Organisations:** Durham Community Action, Pioneering Care Partnership, Wellbeing for Life,
**Durham University:** We work extensively with Durham University. With 18,000 students and a wealth of skills and knowledge we nurture and develop mutually beneficial relationships with departments, colleges and individuals, students and staff: Business school, Durham Minds, 180° (Consultancy Society), Communications Team, Staff Volunteering Team, Student Volunteering, Charity Fashion Show - DUCFS (Launchpad), Pal TV, Oriental Museum, University College, Collingwood College, Josephine Butler College, Pal TV, Durham Uni Purple Radio
**Local Businesses:** The Station House, Simon Berry Opticians
**Local Media:** BBC Radio Newcastle, ITV Tyne Tees
## **Thank You**
We extend heartfelt thanks to our funders, partners, and supporters who make this work possible.
Your belief in the power of creativity, connection, and community enables us to continue providing life-changing support for those who need it most.
Special thanks to our volunteers, artists, and facilitators, and to everyone who has shared their creativity, courage, and hope with us this year.
## **Reflections of an Art Therapist**
"What a joint effort between our client, RT Projects and the Art therapy/services, making it possible for that person to recover after a long period of time. It's easy to see that your establishment is also now helping with maintaining that.
**9**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
That kind of work and success just cannot be measured.
Just seeing the many people attending your service and how grounded, uplifted and supported they are. You really can't get any better evidence base than that to prove just how much RT Projects is needed. Also seeing the amount of passion and creativity that has been put into the artwork on display speaks volumes.
_Andy Walker, Art therapist, Tees, Esk and Wear Valleys NHS Foundation Trust_
## **Proof of Impact**
## **RT Minds Theory of Change**
Our Theory of Change shows how creativity and compassion translate into measurable impact - from personal transformation to public value.
|**INPUTS**|**ACTIVITIES**|**IMMEDIATE**
**OUTCOMES**|**LONGER-TERM**
**OUTCOMES**|**IMPACT /**
**SOCIAL VALUE**|
|---|---|---|---|---|
|Skilled creative
facilitators & mental
health practitioners
Safe studio spaces
(The Open Art
Surgery),
Art materials, music
equipment &
refreshments
Volunteers & peer
supporters
Grant funding & local
partnerships|Weekly creative
sessions
(Crafty Café, Arts &
Minds, Headspace,
Me��� Shed)
One-to-one mental
health support
Community arts
projects (Lanterns of
Hope, Musical
Minds, Artistic
Spectrum)
Public awareness &
suicide prevention
events|Participants feel
welcome, safe &
understood
Reduction in immediate
distress or crisis
Increased confidence &
creative expression
New coping strategies
learned
Friendships & peer
support begin to form|Sustained improvement in
mental health & wellbeing
Reduced social isolation &
loneliness
Greater resilience &
self-management of
mental health
Increased volunteering,
learning, or
re-engagement with work
Decreased reliance on
NHS & statutory services|
**Lives saved**through
crisis prevention &
suicide intervention
**£150,000 - £220,000**
**savings to NHS**via
avoided hospital
admissions & GP
appointments
**£750,000 - £1,000,000**
**social value created**per
year through improved
wellbeing & community
cohesion
A stronger, kinder, more
connected community in
CountyDurham|
## **Estimated Financial & Social Value for RT Minds**
|**Category**|**How Calculated / Source**|**Estimated**
**Value(£)**|**Notes**|
|---|---|---|---|
|**Reduced hospital admissions /**
**crisis intervention**|Assume 5�8 avoided admissions
(£4,500 avgeach)|**£22,500 –**
**£36,000**|Each prevented psychiatric admission � £4.5k
NHS saving (NHS Reference Costs 2022�23).|
|**Reduced GP & mental-health**
**service use**|50 participants × £250 avg reduced
GP/therapycosts|**£12,500**|Based on Social Prescribing & Mental Health
Foundation data.|
|**Volunteer contribution**|15 volunteers × 70 hrs avg × £12/hr
(LivingWage)|**£12,600**|Includes support, events, maintenance.|
|**Improved wellbeing / quality**
**of life(social value)**|75 participants × £1,200 wellbeing
uplift(HACT SROI data)|**£90,000**|Conservative wellbeing valuation used by NHS &
DCMS.|
|**Suicide prevention impact**|1 life saved = £1.7 million (Public
Health England,2017)|**£1.7 million**|Th�� �� ��� �c�a��ed� a���a��� b�� ca� be ���ed a�
_potential_impact.|
|**Employment / volunteering**
**progression**|5 participants returning to
work/education × £8,000 social value|**£40,000**|Approx. from Social Value UK data.|
|**Community cohesion &**
**reduced isolation**|75 participants × £400 social value
(HACT lonelinessproxy)|**£30,000**|Ba�ed �� ��a�da�d SROI f�� �fee���g be���g��g.�|
For every £1 invested in RT Minds, we create at least £6 in social value - through improved wellbeing, reduced NHS costs, and lives transformed through creativity and connection
**10**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Financial review**
Income for the year totalled £161,307 (2024 - £77,772) of which £141,723 (2024 - £50,522) was restricted income and £19,584 (2024 - £27,250) was unrestricted.
Expenditure for the year totalled £121,731 (2024 - £130,458) of which £97,241 (2024 - £82,218) was restricted expenditure and £24,490 (2024 - £48,240) was unrestricted. In addition £5,771 was transferred from restricted to unrestricted funds in respect of room hire. This resulted in a surplus of £38,711 (2024 - deficit of £15,701) on restricted funds and a surplus of £865 (2024 - deficit of £14,526) on unrestricted funds. The overall surplus was £39,576 (2024 - deficit of £52,686).
## **Reserves Policy**
RTProjects provides support to people who live with significant mental health issues and experience high levels of distress. Our beneficiaries depend on our services. We are dependent on unpredictable grant funding and do not receive any significant regular, reliable source of income. We are therefore sensitive to the fact that we need to ensure sufficient reserves to cushion any temporary shortfall in external funding, should it occur, so as not to affect negatively on the lives of our beneficiaries and their families.
For this reason the trustees have established a policy to aim to hold a minimum of 4 and maximum 12 months' free reserves. This currently amounts to between £43,000 and £125,000, based on based on forecast expenditure for 2025-26.
RTProjects also holds one designated fund to cover the costs of closure, including redundancy costs. This fund is currently valued at £25,000.
As of 31 March 2025, total reserves were £64,222; free reserves were £39,222(total reserves less closure) which is £3,788 below the range required.
The policy to keep a high level of reserves has been prudent. Over the last two financial years we have seen a reduction in the level of reserves from £102,318 in 2022 to £64,222 in 2025, a loss of £38,096, due to a shortfall in grant funding. Without this safety net we would have been compelled to close.
In the event that RTProjects holds more than the agreed amount in free reserves, the trustees will assess if there is a valid reason to exceed the level of reserves e.g. in the event of planned expansion or, alternatively, if appropriate activity should be undertaken to reduce the reserves in a way that benefits our beneficiaries.
## **Future vision**
In the year ahead, we'll build on what we know works - creativity, connection, and compassion. We plan to grow our unrestricted income so we can be less dependent on short-term grants, giving us the freedom to respond swiftly to people's needs. We'll keep expanding creative and holistic approaches that blend art, wellbeing, and community healing, ensuring every person who walks through our doors feels seen, supported, and inspired.
**11**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
## **Structure, governance and management**
The company is a charitable company limited by guarantee and does not have a share capital. The company was registered as a charity on 31 March 2011. The company's governing instrument is the Memorandum and Articles of Association. The governing body is a voluntary Board of Trustees.
## **Trustees**
Trustees are appointed by a formal resolution of the board after an interview process, during which candidates are assessed for alignment with our mission, values, and expertise needs. Trustees are re-appointed to or removed from the board by directors of the Charity at the annual general meeting. We actively seek individuals from a variety of backgrounds who bring valuable skills and perspectives to support our mission. We regularly conduct reviews to identify gaps in knowledge or skills on our board and provide training where necessary. Trustees do not receive any remuneration and offer their services voluntarily.
The trustees meet at least four times a year to consider the company's strategies, policies and financial status. At each annual general meeting one-third of the trustees or, if their number is not three or a multiple of three, the number nearest to one-third, must retire from office. The trustees select a chair, vice-chair and treasurer amongst themselves. All new trustees are welcomed into the organisation with the provision of an induction pack containing RTProjects Aims and Objectives, Policies and Procedures, as well as information regarding previous achievements, current activities and future hopes for the organisation.
Day to day operational and financial management is delegated to the administrator, manager, assistant manager and voluntary secretary.
## **Public Benefit Statement**
Our main activities and those whom we help are described elsewhere in this report. All our charitable activities are undertaken to further our charitable purposes for the public benefit. The committee have had regard to the Charity Commission's guidance on public benefit throughout the year when deciding on the activities of the charity.
## **Reference and administrative details**
**Registered charity name** R T Community Projects Ltd **Charity registration number** 1141017 **Company registration number** 06868423 **Principal office and registered** 23 Mill House Court **office** Gilesgate Durham DH1 2JJ
## **The trustees**
Simon Woolley (Chair) Sara Punshon Rachel Baker Isobel Armitage Dr Jan Panke Joseph Cashmore Adam Jenkins
**12**
## **R T Community Projects Ltd**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 March 2025**
|**Company secretary**|Emma Beattie|
|---|---|
|**Independent examiner**|Jane Ascroft FCA MA (Cantab)|
||Enterprise House|
||Harmire Enterprise Park|
||Barnard Castle|
||Durham|
||DL12 8XT|
## **Small company provisions**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on .............................. and signed on behalf of the board of 28th October 2025 trustees by:
Emma Beattie Charity Secretary
**13**
## **R T Community Projects Ltd**
## **Independent Examiner's Report to the Trustees of R T Community Projects Ltd**
## **Year ended 31 March 2025**
I report to the trustees on my examination of the financial statements of R T Community Projects Ltd ('the charity') for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the company (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 C�m�a�ie� Ac� 2006 ('�he 2006 Ac��).
Having satisfied myself that the accounts of the company 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 �� acc����� a� ca��ied ��� ��de� �ec�i�� 145 �f �he Cha�i�ie� Ac� 2011 (��he 2011 Ac��). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
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:
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 �he 2006 Ac� ��he� �ha� a�� �e��i�eme�� �ha� �he acc����� gi�e a ����e a�d fai�' �ie� �hich 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 accounts to be reached.
Jane Ascroft FCA MA (Cantab) Independent Examiner
Enterprise House Harmire Enterprise Park Barnard Castle Durham DL12 8XT
**14**
## **R T Community Projects Ltd**
## **Statement of Financial Activities (including income and expenditure account)**
## **Year ended 31 March 2025**
||||**2025**||2024|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments**||||||
|Donations and legacies|**5**|15,772|141,723|157,495|72,189|
|Charitable activities|**6**|2,665|�|2,665|4,416|
|Investment income|**7**|1,147|�|1,147|1,167|
|||`────────`|`─────────`|`─────────`|`────────`|
|**Total income**||19,584|141,723|161,307|77,772|
|||`════════`|`═════════`|`═════════`|`════════`|
|**Expenditure**||||||
|Expenditure on charitable activities|**8,9**|24,490|97,241|121,731|130,458|
|||`────────`|`─────────`|`─────────`|`─────────`|
|**Total expenditure**||24,490|97,241|121,731|130,458|
|||`════════`|`═════════`|`═════════`|`═════════`|
|||`────────`|`─────────`|`─────────`|`─────────`|
|**Net income/(expenditure)**||(4,906)|44,482|39,576|(52,686)|
|||`════════`|`═════════`|`═════════`|`═════════`|
|Transfers between funds||5,771|(5,771)|�|�|
|||`────────`|`─────────`|`─────────`|`─────────`|
|**Net movement in funds**||865|38,711|39,576|(52,686)|
|**Reconciliation of funds**||||||
|Total funds brought forward||63,357|1,049|64,406|117,092|
|||`────────`|`─────────`|`─────────`|`─────────`|
|**Total funds carried forward**||64,222|39,760|103,982|64,406|
|||`════════`|`═════════`|`═════════`|`═════════`|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 17 to 28 form part of these financial statements.**
**15**
## **R T Community Projects Ltd**
## **Statement of Financial Position**
## **31 March 2025**
|||**2025**|2024|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**15**|1|193|
|Investments|**16**|2,200|2,200|
|||`───────`|`───────`|
|||2,201|2,393|
|**Current assets**||||
|Cash at bank and in hand||111,467|72,996|
|**Creditors: amounts falling due within one year**|**17**|9,686|10,983|
|||`─────────`|`────────`|
|**Net current assets**||101,781|62,013|
|||`─────────`|`────────`|
|**Total assets less current liabilities**||103,982|64,406|
|||`─────────`|`────────`|
|**Net assets**||103,982|64,406|
|||`═════════`|`════════`|
|**Funds of the charity**||||
|Restricted funds||39,760|1,049|
|Unrestricted funds||64,222|63,357|
|||`─────────`|`────────`|
|**Total charity funds**|**20**|103,982
`═════════`|64,406
`════════`|
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by: 28/11/2025
Simon Woolley (Chair) Trustee
**The notes on pages 17 to 28 form part of these financial statements.**
**16**
**R T Community Projects Ltd**
## **Notes to the Financial Statements**
## **Year ended 31 March 2025**
## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 23 Mill House Court, Gilesgate, Durham, DH1 2JJ.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
## The�e a�e �� ma�e�ial ��ce��ai��ie� ab��� �he cha�i���� abili�� �� c���i��e.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The trustees consider that there are no significant judgements or estimates affecting these financial statements.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**17**
**R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Income**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Expenditure**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
**18**
**R T Community Projects Ltd**
**Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
- 25% straight line
## **Investments**
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
## **Government grants**
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
## **Financial instruments**
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Defined contribution plans**
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
**19**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Defined contribution plans** _**(continued)**_
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
## **Cash at Bank and in Hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Taxation**
The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **4. Limited by guarantee**
The company is limited by guarantee. At 31st March 2025 there were 7 members each of whom had undertaken to contribute an amount not exceeding £10 in the event of a winding up.
**20**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
**Year ended 31 March 2025**
## **5. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|
||Funds|Funds|**2025**|
||£|£|**£**|
|**Donations**||||
|Donations and fundraising|15,772|6,000|21,772|
|**Grants**||||
|Durham AAP|�|22,311|22,311|
|The National Lottery - Awards For All|�|19,955|19,955|
|Barrings Foundation|�|19,140|19,140|
|Robert Gavron|�|5,000|5,000|
|County Durham Community Foundation - Lanterns of||||
|Hope|�|10,000|10,000|
|Garfield Weston|�|12,000|12,000|
|Pioneering Care Partnership|�|6,000|6,000|
|County Durham Community Foundation - Salary|�|5,000|5,000|
|County Durham Community Foundation - HIF|�|7,500|7,500|
|Other Grants Under £5,000|�|16,327|16,327|
|NHS North East & North Cumbria Integrated Care||||
|Board|�|7,490|7,490|
|Sir James Knott Trust|�|5,000|5,000|
||`────────`|`─────────`|`─────────`|
||15,772|141,723|157,495|
||`════════`|`═════════`|`═════════`|
**21**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **5. Donations and legacies** _**(continued)**_
|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2024|
|||£|£|£|
|**Donations**|||||
|Donations and fundraising||21,667|�|21,667|
|**Grants**|||||
|Durham County Council Public Health -|Cree Projects|
�|6,000|6,000|
|County Durham Community Foundation||�|1,997|1,997|
|Community Foundation Tyne & Wear||�|2,000|2,000|
|NHS North East & North Cumbria Integrated Care|||||
|Board||�|6,789|6,789|
|Postcode Neighbourhood Trust||�|25,000|25,000|
|Sir James Knott Trust||�|5,000|5,000|
|NHS NENC ICB Durham Community Action||�|3,736|3,736|
|||`────────`|`────────`|`────────`|
|||21,667|50,522|72,189|
|||`════════`|`════════`|`════════`|
|**Charitable activities**|||||
||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
||Funds|**2025**|Funds|2024|
||£|**£**|£|£|
|Contract income|�|�|2,661|2,661|
|Other income from charitable activities|2,665|2,665|1,755|1,755|
||`───────`|`───────`|`───────`|`───────`|
||2,665|2,665|4,416|4,416|
||`═══════`|`═══════`|`═══════`|`═══════`|
## **6. Charitable activities**
## **7. Investment income**
||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|**2025**|Funds|2024|
||£|**£**|£|£|
|Bank interest receivable|1,147|1,147|1,167|1,167|
||`═══════`|`═══════`|`═══════`|`═══════`|
**22**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **8. Expenditure on charitable activities by fund type**
|||Unrestricted|Restricted|**Total Funds**|
|---|---|---|---|---|
|||Funds|Funds|**2025**|
|||£|£|**£**|
||Costs of charitable activities|24,490|97,241|121,731|
|||`════════`|`════════`|`═════════`|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2024|
|||£|£|£|
||Costs of charitable activities|48,240|82,218|130,458|
|||`════════`|`════════`|`═════════`|
|**9.**|**Expenditure on charitable activities by activity type**||||
|||Activities|||
|||undertaken|**Total funds**|Total fund|
|||directly|**2025**|2024|
|||£|**£**|£|
||Costs of charitable activities|121,731|121,731|130,458|
|||`═════════`|`═════════`|`═════════`|
|**10.**|**Net income/(expenditure)**||||
||Net income/(expenditure) is stated after charging/(crediting):||||
||||**2025**|2024|
||||**£**|£|
||Depreciation of tangible fixed assets||192|192|
||||`════`|`════`|
|**11.**|**Independent examination fees**||||
||||**2025**|2024|
||||**£**|£|
||Fees payable to the independent examiner for:||||
||Independent examination of the financial statements||350|350|
||Other financial services||1,641|1,511|
||||`───────`|`───────`|
||||1,991|1,861|
||||`═══════`|`═══════`|
|**12.**|**Staff costs**||||
||The total staff costs and employee benefits for the reporting period are analysed as|||follows:|
||||**2025**|2024|
||||**£**|£|
||Wages and salaries||84,924|75,955|
||Social security costs||1,673|1,343|
||Employer contributions to pension plans||2,035|1,879|
||||`────────`|`────────`|
||||88,632|79,177|
||||`════════`|`════════`|
**23**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **12. Staff costs** _**(continued)**_
The average head count of employees during the year was 4 (2024: 3). The average number of full-time equivalent employees during the year is analysed as follows:
||**2025**|2024|
|---|---|---|
||**No.**|No.|
|Number of project staff|4
`════`|3
`════`|
In addition to the above staff, the charity paid freelancers a total of £12,778 (2024 - £23,264) and freelancers equated to *0.16 FTE.
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
## **13. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
No trustee expenses have been incurred.
## **14. Transfers between funds**
During the year £5,771 (2024 - £6,464) was transferred from restricted to unrestricted funds in respect of room hire charged to the projects.
## **15. Tangible fixed assets**
||**Equipment**|
|---|---|
||**£**|
|**Cost**||
|**At 1 April 2024 and 31 March 2025**|6,801|
||`═══════`|
|**Depreciation**||
|At 1 April 2024|6,608|
|Charge for the year|192|
||`───────`|
|**At 31 March 2025**|6,800|
||`═══════`|
|**Carrying amount**||
|**At 31 March 2025**|1|
||`═══════`|
|At 31 March 2024|193|
||`═══════`|
**24**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **16. Investments**
||**Other**|
|---|---|
||**investments**|
||**£**|
|**Cost or valuation**||
|At 1 April 2024|2,200|
|Additions|�|
||`───────`|
|**At 31 March 2025**|2,200|
||`═══════`|
|**Impairment**||
|**At 1 April 2024 and 31 March 2025**|�|
||`═══════`|
|**Carrying amount**||
|**At 31 March 2025**|2,200|
||`═══════`|
|At 31 March 2024|2,200|
||`═══════`|
All investments shown above are held at valuation.
## **17. Creditors: amounts falling due within one year**
||**2025**|2024|
|---|---|---|
||**£**|£|
|Trade creditors|807|�|
|Accruals and deferred income|600|1,894|
|Social security and other taxes|1,697|3,527|
|Other creditors|6,582|5,562|
||`───────`|`────────`|
||9,686|10,983|
||`═══════`|`════════`|
## **18. Pensions and other post retirement benefits**
## **Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,035 (2024: £1,879).
## **19. Government grants**
The amounts recognised in the financial statements for government grants are as follows:
||**2025**|2024|
|---|---|---|
||**£**|£|
|Recognised in income from donations and legacies:|||
|Government grants income|16,327|�|
||`════════`|`════`|
**25**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **20. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**||||||
|---|---|---|---|---|---|
||At||||**At 31 March**|
||1 April 2024|Income|Expenditure|Transfers|
**2025**|
||£|£|£|£|£|
|General funds|38,357|19,584|(24,490)|5,771|
39,222|
|Closure costs|25,000|�|�|�|25,000|
||`────────`|`────────`|`────────`|`───────`|`────────`|
||63,357|19,584|(24,490)|5,771|
64,222|
||`════════`|`════════`|`════════`|`═══════`|`════════`|
||At||||At 31 March|
||1 April 2023|Income|Expenditure|Transfers|
2024|
||£|£|£|£|£|
|General funds|46,355|27,250|(48,240)|12,992|
38,357|
|Closure costs|31,528|�|�|(6,528)|
25,000|
||`────────`|`────────`|`────────`|`────────`|`────────`|
||77,883|27,250|(48,240)|6,464|
63,357|
||`════════`|`════════`|`════════`|`════════`|`════════`|
|**Restricted funds**||||||
||At||||**At 31 March**|
||1 April 2024|Income|Expenditure|Transfers|
**2025**|
||£|£|£|£|£|
|Durham AAP - Salary|�|14,824|(14,824)|�|�|
|CDCF - Lanterns Of||||||
|Hope|�|10,000|�|�|10,000|
|CDCF - Salary|�|5,000|(5,000)|�|�|
|DCC Safe Space|�|�|�|�|�|
|CDCF - HiF|�|7,500|(5,562)|(1,680)|
258|
|DCC CREE 1|�|3,000|(3,000)|�|�|
|DCC CREE 2|�|3,000|(3,000)|�|�|
|National Lottery Awards||||||
|For All|�|19,955|(15,261)|(3,573)|
1,121|
|DCC Councillors|�|829|�|�|829|
|NHS NENC ICB||||||
|Happiness Hubs|1,049|7,490|(1,589)|(144)|
6,806|
|Sir James Knott Trust|�|5,000|(5,000)|�|�|
**26**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **20. Analysis of charitable funds** _**(continued)**_
|Belmont Fund|�|1,998|(1,998)|�|�|
|---|---|---|---|---|---|
|Comic Relief|�|2,500|(714)|�|1,786|
|Hadrian Trust|�|1,000|(1,000)|�|�|
|Baring Foundation|�|19,140|(3,576)|(1,740)|
13,824|
|Welcome Space|�|6,000|(3,000)|�|3,000|
|Garfield Weston|�|12,000|(9,864)|�|2,136|
|Barchester|�|1,000|(1,000)|�|�|
|The Barbour Foundation|�|2,000|(2,000)|�|�|
|St Judes Trust|�|1,000|(1,000)|�|�|
|Robert Gavron||||||
|Charitable Trust|�|5,000|(5,000)|�|�|
|Co-op|�|1,000|(1,000)|�|�|
|DUCFS|�|5,000|(5,000)|�|�|
|Durham AAP Lanterns|�|7,487|(8,853)|1,366|�|
||`───────`|`─────────`|`────────`|`───────`|`────────`|
||1,049|141,723|(97,241)|(5,771)|
39,760|
||`═══════`|`═════════`|`════════`|`═══════`|`════════`|
||At||||At 31 March|
||1 April 2023|Income|Expenditure|Transfers|2024|
||£|£|£|£|£|
|DCC Safe Space|2,597|�|�|(2,597)|
�|
|CDCF - HiF|11,862|�|(11,910)|48|�|
|DCC CREE 1|�|3,000|�|(3,000)|
�|
|DCC CREE 2|�|3,000|�|(3,000)|
�|
|National Lottery Awards||||||
|For All|7,719|�|(8,523)|804|�|
|DCC Councillors|�|�|�|�|�|
|CDCF - Organisational||||||
|Sustainability|4,551|�|(6,567)|2,016|�|
|CDCF - Poverty Hurts||||||
|Large|5,185|�|(5,861)|676|�|
|CDCF Community Grant|7,295|�|(6,593)|(702)|
�|
|CDCF - Poverty Hurts||||||
|Small|�|1,997|(1,568)|(429)|
�|
|Community Foundation||||||
|Newcastle Building||||||
|Society|�|2,000|(2,000)|�|�|
**27**
## **R T Community Projects Ltd**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2025**
## **20. Analysis of charitable funds** _**(continued)**_
|CDCF Connector -||||||
|---|---|---|---|---|---|
|Outdoor Art|�|�|(60)|60|�|
|NHS NENC ICB||||||
|Happiness Hubs|�|6,789|(5,740)|�|1,049|
|Postcode||||||
|Neighbourhood Trust|�|25,000|(25,000)|�|�|
|Sir James Knott Trust|�|5,000|(5,000)|�|�|
|NHS NENC ICB Social||||||
|Prescription Fund|�|3,736|(3,396)|(340)|
�|
||`────────`|`────────`|`────────`|`───────`|`───────`|
||39,209|50,522|(82,218)|(6,464)|
1,049|
||`════════`|`════════`|`════════`|`═══════`|`═══════`|
|**Analysis of net assets between funds**||||||
||||Unrestricted|Restricted|**Total Funds**|
||||Funds|Funds|**2025**|
||||£|£|**£**|
|Tangible fixed assets|||1|�|1|
|Investments|||2,200|�|2,200|
|Current assets|||71,707|39,760|111,467|
|Creditors less than 1 year|||(9,686)|�|(9,686)|
||||`────────`|`────────`|`─────────`|
|**Net assets**|||64,222|39,760|103,982|
||||`════════`|`════════`|`═════════`|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2024|
||||£|£|£|
|Tangible fixed assets|||193|�|193|
|Investments|||2,200|�|2,200|
|Current assets|||71,947|1,049|72,996|
|Creditors less than 1 year|||(10,983)|�|(10,983)|
||||`────────`|`───────`|`────────`|
|**Net assets**|||63,357|1,049|64,406|
||||`════════`|`═══════`|`════════`|
## **21. Analysis of net assets between funds**
**28**
**R T Community Projects Ltd**
## **Management Information**
**Year ended 31 March 2025**
**The following pages do not form part of the financial statements.**
**29**
## **R T Community Projects Ltd**
## **Detailed Statement of Financial Activities**
## **Year ended 31 March 2025**
||**2025**|2024|
|---|---|---|
||**£**|£|
|**Income and endowments**|||
|**Donations and legacies**|||
|Donations and fundraising|21,772|21,667|
|Durham AAP|22,311|�|
|Durham County Council Public Health - Cree Projects|�|6,000|
|The National Lottery - Awards For All|19,955|�|
|Barrings Foundation|19,140|�|
|Robert Gavron|5,000|�|
|County Durham Community Foundation|�|1,997|
|County Durham Community Foundation - Lanterns of Hope|10,000|�|
|Garfield Weston|12,000|�|
|Pioneering Care Partnership|6,000|�|
|County Durham Community Foundation - Salary|5,000|�|
|County Durham Community Foundation - HIF|7,500|�|
|Community Foundation Tyne & Wear|�|2,000|
|Other Grants Under £5,000|16,327|�|
|NHS North East & North Cumbria Integrated Care Board|7,490|6,789|
|Postcode Neighbourhood Trust|�|25,000|
|Sir James Knott Trust|5,000|5,000|
|NHS NENC ICB Durham Community Action|�|3,736|
||`─────────`|`────────`|
||157,495|72,189|
||`─────────`|`────────`|
|**Charitable activities**|||
|Contract income|�|2,661|
|Other income from charitable activities|2,665|1,755|
||`───────`|`───────`|
||2,665|4,416|
||`───────`|`───────`|
|**Investment income**|||
|Bank interest receivable|1,147|1,167|
||`───────`|`───────`|
||`─────────`|`────────`|
|**Total income**|161,307|77,772|
||`═════════`|`════════`|
**30**
## **R T Community Projects Ltd**
## **Detailed Statement of Financial Activities** _**(continued)**_
## **Year ended 31 March 2025**
||**2025**|2024|
|---|---|---|
||**£**|£|
|**Expenditure**|||
|Wages|84,924|75,955|
|Employer's NIC|1,673|1,343|
|Pension costs|2,035|1,879|
|Premises costs|8,627|8,951|
|Publicity and promotion|986|95|
|Motor and travel costs|2,799|6,736|
|Legal and professional fees|1,991|8,529|
|Telephone|426|426|
|Other office costs|1,569|1,548|
|Depreciation|192|192|
|Materials|2,715|1,916|
|Facilitator fees|12,778|21,664|
|Equipment and IT renewals|314|540|
|Other costs|702|684|
||`─────────`|`─────────`|
||121,731|130,458|
||`─────────`|`─────────`|
||`─────────`|`─────────`|
|**Net income/(expenditure)**|39,576
`═════════`|(52,686)
`═════════`|
**31**