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|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|||||
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||||Page|
|---|---|---|---|
|Trustees'
report||||
|Independent
examiner'e||report||
|Statement
ofh'nancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||tt -tg|
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|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|
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|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|
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|||||||||||||||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 '||||
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|||||||||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|
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|||||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|
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|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|
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||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|
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|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|
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||2023|2D22|
|---|---|---|
||Number|Number|
|Director|1||
|SlaY|16|14|
|Total|17|15|
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|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|
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|||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|
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|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|
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||||||||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|
##
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||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)|