| Trustees | The Venerable CAB Groves | The Venerable CAB Groves | The Venerable CAB Groves | |||||
|---|---|---|---|---|---|---|---|---|
| JAshdown | ||||||||
| J Mum phrys | ||||||||
| EA ElI id tt | ||||||||
| V Vaughan | ||||||||
| NJ Hooks | (Appointed | 10July 2023) | ||||||
| J Clark | (Appointed | 15 hllay 2023) | ||||||
| S Ellis | (Appointed | 4 November | ||||||
| 2022) | ||||||||
| BMensby | (Appointed | 4 November | ||||||
| 2022) | ||||||||
| Chief Executive | A Dean | |||||||
| Charity number | 1144604 | |||||||
| Company | number | 07805401 | ||||||
| Registered | oftlce | Uniun Building Front Street |
||||||
| Pegswood | ||||||||
| Morpeth | ||||||||
| N orth umberland | ||||||||
| NE61 6UF | ||||||||
| Independent | examiner | Robson Laidler Accountants | Limited | |||||
| Femwood | Mouse | |||||||
| Fernwood | Road | |||||||
| Jesmond | ||||||||
| Newcastle | upon Tyne | |||||||
| Tyne and Wear | ||||||||
| England | ||||||||
| NE2 1TJ | ||||||||
| Bankers | Co-operative | Bank | ||||||
| Shawbrook | Bank | |||||||
| TSB | ||||||||
| Unity Trust | Bank |
| Page | |||
|---|---|---|---|
| Trustees' report |
|||
| Independent examiner'e |
report | ||
| Statement ofh'nancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements | tt -tg |
| Current financial year | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Re st ri cted | Tote I | Total | |||
| funds | funds | |||||
| 2023 | 2023 | 2023 | 2022 | |||
| Iggg~ Donations and legacies |
Notes | 4,641 | 6 | 4,64i | 2 3,175 |
|
| Charitable activities |
51,027 | 6B5,033 | 716,060 | 504,746 | ||
| Other trading activities |
9,790 | 9,790 | 7,745 | |||
| Investments | 1,286 | 1,288 | 474 | |||
| Total income | 66,744 | 865,033 | 731.777 | 516,140 | ||
| EtgggdRgtgdtd; | ||||||
| Ra isin g funds | 6 | 4,945 | 4,945 | 4,559 | ||
| Charitable activities |
6 | 135,484 | 603,216 | 738.700 | 524,941 | |
| Total expenditure | 140,429 | 603,216 | 743,645 | 529,500 | ||
| Net (outgoing)rtncomtng | resources before | transfers | (73,685) | 61,817 | (11,868) | (13,360) |
| Gross transfers between |
funds | 88,125 | (88,125) | |||
| Net incomei(expenditure) | forthe yea ri | |||||
| Net movement in funds |
14,440 | (26,308) | ('l1,868) | (13,360) | ||
| Fund balances at 1 Apnl | 2022 | 177,'l48 | 97,593 | 274,741 | 288,10i | |
| Fund balances at31 March 2023 | 191,588 | 71,285 | 262.873 | 274,741 |
| Prior financial | year | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | ||||
| 2D22 | 2D22 | 2022 | |||
| 8 | |||||
| Ittggdmfmm; | |||||
| Donations and |
legacies | 3,175 | 3,175 | ||
| Charitable activities |
105,851 | 398,895 | 504,746 | ||
| Other trading activities |
7,745 | 7,745 | |||
| Investments | 474 | 474 | |||
| Total income | 117,245 | 398,895 | 516,140 | ||
| Raising funds | 4,559 | ||||
| Charitable activities |
126,314 | 398,627 | 524,941 | ||
| Total expenditure | 130,873 | 398,627 | 529,500 | ||
| Net (outgoing)/incoming | resources before transfers | (13,628) | 268 | ('l3,360) | |
| Gross transfers | between | funds | 20,021 | (20,021) | |
| Net lnCOmer(eXpendlture) | far the year/ | ||||
| Net movement | in funds | 6,393 | (19.753) | (13,360) | |
| Fund balances | at 1 April | 2021 | 170,755 | 117.346 | 288,101 |
| Fund balances | at 34 March 2022 | 177,148 | 97.593 | 274,741 |
| 7073 | 2022 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| tlnu' | | | r | r | ||||||||||||||||
| 0trrruitt | hahels | ||||||||||||||||||
| I! If r, ,I,I,I' |
I | nt | Ir»I | I P-I' | 17 | 1 Il if ti |
I '1 tf |
||||||||||||
| 4 int | .". ' |
) | ihl | 'li | |||||||||||||||
| Drettllqra | eihnunla | Imllnq itue Wlllill | |||||||||||||||||
| qpit ye | ar | 13 | ~ 2 lh, | I,'irf | |||||||||||||||
| Ihsnmv | tirhils | ||||||||||||||||||
| fr sli | I | .11»i | 15 | ||||||||||||||||
| ryil (I iip |
i tihl I Ilr I liir |
& | I'I | 14 | If'-.' | '' | , | I | I, | I» | |||||||||
| "h ' | il | I | II'"I | 'if' | I Ii»i ", | tm | Qpfi | ||||||||||||
| I ' | ' tris | ||||||||||||||||||
| )tl | II ' |
| 2023 | 2022 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | 8 | |||||||||||
| Cash flows from operating | activities | |||||||||||
| Cash generated | from((absorbed | by) | 18 | |||||||||
| operations | 38,770 | (42,104) | ||||||||||
| Investing | activities | |||||||||||
| Investment | income received |
1,286 | 474 | |||||||||
| Net cash | generated from |
Investing | ||||||||||
| activities | 1,286 | 474 | ||||||||||
| Net cash | used | In financing | activities | |||||||||
| Net increasel(decrease) | In cash and | cash | ||||||||||
| equivalents | 40,056 | (41,630) | ||||||||||
| Cash and | cash | equivalents | at beginning | of year | 268,111 | 309,741 | ||||||
| Cash and | cash | equivalents | at | end of | year | 308,167 | 268,111 |
| Charitable | Charitable | ||||
|---|---|---|---|---|---|
| activities | activities | ||||
| 2023 | 2022 | ||||
| F | |||||
| Other income | 63.027 | 63.710 | |||
| Grant income | 653,033 | 441,036 | |||
| 716.060 | 504,746 | ||||
| Analysis by |
fund | ||||
| Unrestricted | funds | - general | 51,027 | 105,651 | |
| Restricted fund s |
665,033 | 39S,895 | |||
| 716.0BO | 504,746 | ||||
| Performance | related grants | ||||
| DE FRA | 42.405 | 42,405 | |||
| Community | Foundation | 30,000 | 10,000 | ||
| Energy Projects | 97,341 | 23,600 | |||
| CIO f Big Lottery | / | WNCBC | 19,155 | 14,250 | |
| RCEF | 94,080 | 32,600 | |||
| NlCRE | 12,000 | 19,736 | |||
| BBO I NCC | 236,137 | 1'95,325 | |||
| Community | Housing Fund |
30,115 | 42.270 | ||
| REDRESS | 83,296 | 53,554 | |||
| Other | 6,524 | 7,066 | |||
| 653,033 | 441,036 |
| Other income | |||||
|---|---|---|---|---|---|
| The following amounts | are | included | in other Income: | 2023 | 2022 |
| Northumberland Association |
of Local Councils | 630,000 | 630,000 | ||
| Prudhoe Partnership |
612,500 | 610,500 | |||
| Hallwhistle Partnership |
614,000 | 69,000 | |||
| North East Comm Led | Network | 64,700 | |||
| Wingates | 63,285 | 62,956 | |||
| Oil CAN | 63,242 | 66,554 | |||
| Total | 863,027 | 863,7i0 |
| Recharges for administration |
|
|---|---|
| 6 | Raising funds |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| general | general |
| 2D23 | 2022 |
| 6 | |
| 9,790 | 7,745 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| general | general | |
| 2023 | 2022 | |
| ED)fin~gita | ||
| Administration | 113 | 100 |
| Stair costs | 4,832 | 4,459 |
| Raising funds | 4,945 | 4,559 |
| 4,945 | 4,559 |
| Charitable | Charitable | ||||
|---|---|---|---|---|---|
| activities | activities | ||||
| 2023 | 2022 | ||||
| 8 | |||||
| Staff costs | 235,486 | 193,832 | |||
| Projeci costs | 476,097 | 31D,883 | |||
| 713,583 | 504,715 | ||||
| Share of support costs (see note 7) | 9,470 | 8,658 | |||
| Share ofgovernance | costs isee note 7) | 15,647 | 11,568 | ||
| 738,700 | 524,941 | ||||
| Analysis by |
fund | ||||
| Unrestricted | funds | - | general | 135,484 | 126,314 |
| Resiricted funds | 603,216 | 398,627 | |||
| 738,700 | 524,941 |
| 7 | Support costs | |||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2D23 | Support | Governance | 2022 | |||
| costs | casts | casts | costs | |||||
| 8 | 8 | |||||||
| Staff costs | 9,702 | 9,702 | 8,486 | 8,488 | ||||
| Insurance | 2,473 | 2,473 | 2,190 | 2.190 | ||||
| Telephone, postage |
& | |||||||
| stationery | 3,168 | 3,168 | 3,258 | 3.258 | ||||
| Sundry expenses | 9,870 | 9,870 | 3,213 | 3,213 | ||||
| Central oflice casts | 6,144 | 6,144 | 6,144 | 6,144 | ||||
| Qffice equipment | 1,958 | 1,958 | 1,785 | 1,785 | ||||
| Fees &subscriptlons | 6,488 | 6,488 | 7,379 | 7,379 | ||||
| ITsupport | 1,303 | 1,303 | 872 | 872 | ||||
| Travel | 1,274 | 1,274 | ||||||
| Project allocation | (23,206) | (23,206) | (17.149) | ('I7,149) | ||||
| Meetings and admin |
||||||||
| casts | 4,781 | 4,781 | 1,902 | 1,902 | ||||
| Independent examiners |
||||||||
| fees | 1,164 | 1,i64 | 1,180 | 1,180 | ||||
| 9,470 | 15,647 | 25,117 | 8,658 | 11,568 | 20,226 | |||
| Analysed between |
||||||||
| Charitable activities |
9,470 | 15,647 | 25,117 | 8,658 | 11,568 | 20,226 |
| 2023 | 2D22 | |
|---|---|---|
| Number | Number | |
| Director | 1 | |
| SlaY | 16 | 14 |
| Total | 17 | 15 |
| 9 | Employees | Employees | (Continued) | |
|---|---|---|---|---|
| Employment costs |
2023 | 2D22 | ||
| f | ||||
| yttrtges | and salaries | 351,958 | 283,298 | |
| Social | security costs | 26,708 | 20,099 | |
| Other | pension costs | 20,275 | 16,386 | |
| 398,941 | 319,781 |
| Computers | ||
|---|---|---|
| f | ||
| Cost | ||
| At 1 April 2022 | 4,800 | |
| At 31 March | 2023 | 4,800 |
| Depreciation | and impairment | |
| At 1 April 2022 | 4,800 | |
| At 31 March | 2023 | 4,800 |
| Carrying amount |
||
| At 31 March | 2023 | |
| At 31 March | 2022 |
| 12 | Debtors | ||||
|---|---|---|---|---|---|
| Amounts | falling due within one year: | 2D23f | 2022 | ||
| Prepayments | end accrued income | 'l71,036 | 83,227 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2023 | 2022 | ||
| 8 | |||
| Other creditors | 122,505 | 68,709 | |
| Accruals and deferred | income | 93,825 | 7,888 |
| 218,330 | 76,597 |
| Balance at | Transfers | Balance at | ||
|---|---|---|---|---|
| i April 2022 | 21 Marctt 2023 | |||
| 5 | 5 | |||
| Redundancyfund | 45,371 | 24,105 | 69,476 | |
| Projects fund | 30,000 | (25,0OI)) | 5,000 | |
| Sickness fund | 9,964 | 1,263 | 11,227 | |
| Relocation | fund | 5,000 | (3,000) | 2,000 |
| Community | foundation | 15,000 | 15 OIOO | |
| gl),335 | 12,368 | 102 7IO3 |
| Movement in funds |
Movement in funds |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Transfers | Balance at | ||||||
| 1 Apdl 2022 | resources | expended | st | March 2023 | ||||||
| f, | f | f | f | |||||||
| Energy Prolacts |
10,809 | 97,341 | (79,574) | (7,505) | 2'I,071 | |||||
| OEFRA | 42,405 | (42,405) | ||||||||
| Core legacy fund | 1,112 | (500) | ||||||||
| NALC | 30,000 | (35,723) | 5,723 | |||||||
| National Lottery |
Heritage | Fund- | ||||||||
| Northumberland | Village | Heritage Project | '70,892 | (13,871) | (10,729) | 48,292 | ||||
| Co inm unit i en CAN |
30,115 | (37,596) | 7,481 | |||||||
| National Lottery |
Heritage | Fund | —Rural | |||||||
| Churches for Everyone |
10,324 | (7,174) | 3,150 | |||||||
| Rural Employment | Hubs | 3,689 | 4,590 | (5,180) | (2,939) | 180 | ||||
| Noithuinberisnd | Estates | 767 | (767) | |||||||
| Community Building |
Of5cer | 19,155 | (32,333) | 13,178 | ||||||
| REORESS | 83,295 | (56,865) | (26,430) | |||||||
| BBOBridge project | 236, 'l37 | (220,355) | (15,782) | |||||||
| RCEF | 94,060 | (94,322) | 282 | |||||||
| Haltwhistle Solar |
project | 5,000 | (5,000) | |||||||
| PCP HCP / innovation | officer | 21,500 | (26,130) | 4,630 | ||||||
| CELL | 1,435 | (1,435) | ||||||||
| 97,593 | 665,033 | (603,216) | (88,125) | 71,285 |
| 16 | Analysis of | net assets | net assets | between | funds | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||
| funds | funds | funds | funds | |||||||
| 2023 | 2023 | 2023 | 2022 | 2D22 | 2022 | |||||
| f | f | f | f. | f | ||||||
| Fund balances | at 31 | |||||||||
| Mare h 2023 | are | |||||||||
| represented | by: | |||||||||
| Current assets/(liabilities) | 191,558 | 71,285 | 262,873 | 86,813 | 97,593 | 274,741 | ||||
| 191,588 | 71,285 | 262.873 | 86,813 | 97,593 | 274,741 |
| There were no disclosable related |
There were no disclosable related |
There were no disclosable related |
party transactions | party transactions | during the year (2022 - none). | during the year (2022 - none). | |||
|---|---|---|---|---|---|---|---|---|---|
| 18 | Cash generated from |
operations | 2023 | 2022 | |||||
| 8 | |||||||||
| Deficit for the year | (11,868) | (1336I0) | |||||||
| Adjustrnenls for |
|||||||||
| Investment income recognised |
in | statemerrt | offinancial | activities | (1,286) | (474) | |||
| Movements in working |
capital: | ||||||||
| (Increase) in debtors |
(87,809) | (19,589) | |||||||
| Increasel(decrease) in |
creditors | 139,733 | (8,681) | ||||||
| Cash generated from/(absorbed |
by) operations | 38,770 | (42,104) |