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← Pottery Bank Community Centre Ltd

2024-09-30-accounts

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS For the year ended 30 September 2024

Charity number 1150674

Company number 08172955

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

For the year ended 30 September 2024

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 30 September 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 2015)

CHAIR’S COMMENTS (OCT 23 – SEPT 24)

Pottery bank has gone from strength to strength during the last year. The Board of Directors and the new staff team have fitted in very well and brought new ideas and services to the centre. This has increased our volunteer programme and brought new users into the centre.

We have been very well supported from our funding partners, local businesses and the community which has enabled us to continue our full programme of events and activities and also brought in new indoors and outdoors wellbeing sessions.

We would like to thank our local community members, community partners, staff and volunteer teams and our current funders for their continued support and look forward to continue working with them and other new funding partners in the future.

Laura Forster Director/Chair

OBJECTIVES AND ACTIVITIES

The centre delivers community services and encourages local participation and ownership from the local area in addressing the issues which affect people’s lives. Our programme incorporates training and education, children, young people and families, leisure and social and health.

The board confirm that they have complied with the duty in section 4 of the Charities act 2006 to have due regard to the Charity Commissions general guidance on public benefit when reviewing the aims and objectives and in planning the future activities. In particular, the board considered how planned activities would contribute to the new vision, aims and objectives they have set.

Pottery Bank Community Centre actively works in partnership with other organisations. Our aim is to be a centre managed by local people, for local people, developing and delivering community activities.

ACHIEVEMENTS AND PERFORMANCE

We have been able to continue to:

Deliver a range of courses through our Creating Confident Community Project, and Henry Smith Project.

Continue to develop our Community Garden and expand our community allotment activity Continue to develop a Food Hub PAYF community food shop

1

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

For the year ended 30 September 2024

Develop our Volunteering Project Deliver our programme of family focused activity Deliver a programme of community activity that supported families through the cost of living crisis Engaged 700 local walker families in Community Focused activity Sustain the daily operations of our centre

Continue to work alongside our tenants on joint activities and sessions

PLANS FOR FUTURE PERIODS

The board of PBCC are committed to securing resources for the benefit of our local community and centre membership. We will strive to secure funds to enable us to continue our programme of activities, engage local people in the shaping of future service delivery and new activities and work with our partners to collaborate to increase service provision for community benefit. We will use our assets and resources to continue to improve the lives of our community living in NE6 postcode area.

The following courses were delivered during the year Oct 23 – Sept 24:

Adult Cooking Family Cooking – Take Home packs Crafts with nature sessions Christmas Wreath Christmas Cooking Arts & Crafts & Embroidery Mindful gardening & Grow & Preserve Projects Potters shed Project Walks for Wellbeing Bingo Brew & Bite wellbeing sessions Toddler Group Walker Writes group Community Support & Debt Advice weekly drop-in Weekly Luncheon Clubs for over 55’s

EVENTS:

2

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

For the year ended 30 September 2024

POTTERY BANK FOOD HUB:

Our PAYF supermarket is available weekly, with monthly essential take home bags. Weekly numbers of people to our Food Hub – Approx. 35-40 Monthly sessional household bags – Approx. 40-45

VOLUNTEERS:

We have 16 regular volunteers who support staff during the year through courses, allotment and family events.

We continually have many visitors to our Community Allotment and Gardens.

Some may just call in for a chat and look around, others will come to pick up some of the surplus fruit and vegetables that’s been harvested for our Food Hub or Cooking courses. Whilst others call in to buy the many various flowering plants grown each year.

Approx. 50 local residents bought plants during this year. All the proceeds from the sale of plants goes back into the allotment funds.

ACTIVITIES, PROJECTS AND OUTREACH

Pottery Bank Community Centre Limited:

The following organisations are placed within Pottery Bank Community Centre:

Community Catering Initiative Limited: cafe and outside catering

Newcastle Community Family Hub East Team @ Pottery Bank

Foundation Futures

3

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

For the year ended 30 September 2024

Wesley Bingo Association

FINANCIAL REVIEW

The balance sheet at 30 September 2024 shows a total fund position of £200,866. This was represented by Tangible Fixed Assets of £8,087 and net current assets of £192,780. The balance of funds is made up of unrestricted funds of £76,146, designated funds of £41,895 and restricted funds of £82,825.

Reserves policy

Pottery Bank Community Centre has maintained a good level of free reserves over the years currently there are £76,146 free reserves to meet the working capital requirements of the charity in the event of a significant drop in funding. It has established a policy whereby the free unrestricted funds held by the charity should be between 3 and 6 months of annual expenditure. The present level of reserves will meet this requirement.

PUBLIC BENEFIT STATEMENT

The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users.

4

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

For the year ended 30 September 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name Pottery Bank Community Centre Ltd Registered Charity 1150674 Number Company Number 08172955 Registered Office and Pottery Bank Community Centre operational address Yelverton Crescent Newcastle Upon Tyne NE6 3SW Trustees L Fo r ster P McKenna S Stephenson Independent Michelle Wright Examiner MW Accounting Services Woodgate House 5c Wood Street Gateshead NE11 9NP

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing documents

The organisation is a charitable company limited by guarantee, incorporated on the 10 March 2003 and amended by special resolution to allow for current governance on 7 October 2003, 30 October 2006 and 12 April 2007.

Appointment of Trustees

The directors of the company are also charity trustees for the purpose of charity law and under the company’s Articles are known as members of the Council of Management. The council is made up of volunteers who are all members of the company elected by the membership at Annual General Meeting and serve for a period of three years retiring by rotation. A retiring trustee is eligible for reelection. The council may from time to time and at any time appoint any member of the company as a member of the Council, either to fill a casual vacancy or by way of addition to the Council, provided that the prescribed maximum be not thereby exceeded. Any member so appointed shall retain his office only until the next Annual General Meeting, but he shall then be eligible for re-election. No person who is not a member of the company shall in any circumstances be eligible to hold office as a member of the Council. The Council is referred to familiarly as the Management Committee.

5

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

For the year ended 30 September 2024

Induction and training of trustees

New trustees undergo an orientation day to brief them on their obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making process, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees; they are provided with a comprehensive pack containing all the information covered during induction. All trustees are encouraged to attend appropriate external training events where these facilitate the undertaking of their role.

Organisation

The Board of Directors administers the charity and meets bi-monthly. A centre manager is appointed by the trustees to manage day to day operations of the charity. To facilitate effective operations the centre manager has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and project related activity.

Risk management

The Trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

6

For the year ended 30 September 2024

POTTERY BANK COMMUNITY CENTRE LTD (A company limited by guarantee) TRUSTEES ANNUAL REPORT

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

09/04/2025

This report was approved by the Trustees on: ________

and signed on their behalf by: ________ Laura Fo r ster Chair of trustees

7

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 30 September 2024

I report on the financial statements of Pottery Bank Community Centre Ltd for the year ended 30 September 2024, which are set out on pages 9 to 20.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Member of the Association of Accounting Technicians.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Michelle Wright Woodgate House 5c Wood Street Gateshead Tyne and Wear NE11 9NP Date: 10/04/2025

8

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT) For the year ended 30 September 2024

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Income from:
Donations and legacies 6 322 - 322 585
Charitable activities
Grants and contracts 7 3,331 206,261 209,592 189,183
Other trading activities 8 54,183 - 54,183 52,044
Total income 57,836 206,261 264,096 241,812
Expenditure on:
Charitable activities
Operation of the charity 9 45,451 196,753 242,203 238,868
Total expenditure 45,451 196,753 242,203 238,868
Net income/(expenditure) 12,385 9,508 21,893 2,943
Transfers between funds - - - -
Net income/(expenditure) and net
12,385 9,508 21,893 2,943
movement of funds
Reconciliation of funds
Total funds brought forward 105,656 73,317 178,973 176,030
Total funds carried forward 118,041 82,825 200,866 178,973
Notes
----- End of picture text -----

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 11 to 20 form an integral part of these accounts.

9

Charity Number 1150674 Company Number 08172955

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

BALANCE SHEET

As at 30 September 2024

Notes £ Total
2024
£		 £ Total
2023
£
Fixed assets
Tangible assets
16		 8,087 13,182
Total fixed assets
Current assets		 8,087 13,182
Debtors
17
Cash at bank and in hand
18		 1,703
193,912		 4,744
166,737
Total current assets
Creditors:amounts falling due within
one year
19		 195,615
( 2,835 )		 171,480
( 5,689 )
Net current assets 192,780 165,791
Total assets less current liabilities 200,866 178,973
Total net assets or liabilities 200,866 178,973
Funds of the charity
Unrestricted income funds
Designated funds
Restricted income funds		 76,146
41,895
82,825		 59,258
46,398
73,317
Total funds 200,866 178,973

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The notes on pages 11 to 20 form an integral part of these accounts.

These financial statements were approved by the Board on:

09/04/2025

and are signed on its behalf by: Laura Forster Chair of Board of Trustees

10

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with 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) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Pottery Bank Community Centre Ltd meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. In response to the COVID-19 pandemic, the trustees have revised their forecasts to take into account measures that they can take with the current resources available to mitigate the impact of the current adverse conditions. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

11

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

3.7 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.8 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.9 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of running the community centre and other activities undertaken to further the purposes of the charity and their associated support costs.

12

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, a full years depreciation charge is applied in the year of acquisition and no charge is made in the year of disposal:

Fixtures & fittings IT and office equipment

Straight line over five years Straight line over three years

13

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

Analysis of income

6
7
8		 Donations and legacies
Charitable activities
Community Fund
Street Games
Henry Smith
CO-OP Community Fund
Tesco Groundworks
Other grants
Other trading activities
Rent
Minibus hire
Other income
Newcastle City Council Ward Funding
Heritage Fund
Newcastle City Council
Donations and fundraising
Income from grants and contracts
Room hire
Your Home Newcastle
Tudor Trust
Awards for All
Community Foundation		 Unrestricted
Funds
£
322
322
168
2,663
-
-
-
-
500
-
-
-
-
-
-
3,331
8,804
30,954
-
14,425
54,183		 Restricted
Funds
£
-
-
1,507
-
83,937
19,080
49,500
1,000
4,425
4,115
35,000
3,250
1,947
1,000
1,500
206,261
-
-
-
-
-		 Total
2024
£
322
322
1,675
2,663
83,937
19,080
49,500
1,000
4,925
4,115
35,000
3,250
1,947
1,000
1,500
209,592
8,804
30,954
-
14,425
54,183		 Total
2023
£
585
585
2,370
18,440
41,410
9,800
45,000
1,000
12,050
3,666
35,000
-
-
-
20,447
189,183
15,897
30,334
2,334
3,479
52,044

Income was £264,096 (2023: £241,812) of which £57,836 was unrestricted or designated (2023: £61,576) and £206,261 was restricted (2023: £180,236)

14

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

Analysis of expenditure on charitable activities

9 Charitable activities
Direct costs
Support costs
Other expenditure
Depreciation
Governance costs
Minibus costs
ICT, telephone & internet
Light, heat & water
Volunteer expenses
Cleaning & repairs
Insurance
Professional fees
Equipment
Printing, postage & stationery
Independent examiner's fees for reporting on
the accounts
Staff training/conferences
Staff travel/meetings
Staff salaries
Consultancy
Project activity		 Unrestricted
Funds
£
3,418
4,597
353
438
3,698
2,603
673
951
9,857
1,021
574
8,915
1,138
1,319
-
5,095
800
45,451		 Restricted
Funds
£
158,457
6,403
-
-
17,581
4,825
-
-
-
8,355
1,131
-
-
-
-
-
-
196,753		 Total
2024
£
161,875
11,000
353
438
21,279
7,428
673
951
9,857
9,375
1,705
8,915
1,138
1,319
-
5,095
800
242,203		 Total
2023
£
135,729
-
556
1,181
47,001
5,012
2,348
6,552
9,254
8,279
468
1,789
1,051
13,857
319
4,973
500
238,868

Expenditure on charitable activities was £242,203 (2023: £238,869) of which £45,451 was unrestricted or designated (2023: £70,138) and £196,753 was restricted (2023: £168,731)

10 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner		 2024
£
800
262
1,062		 2023
£
500
-
500

15

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

11 Analysis of staff costs and the cost of key management personnel

Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)		 2024
£
117,775
7,569
1,324
126,668		 2023
£
72,363
4,949
1,380
78,691

No employee received remuneration above £60,000 (2023: nil)

The key management personnel of the charity, comprise the Trustees and the Centre Manager. The total employee benefits of the key management personnel of the charity were £37,289. (2023: £30,000)

12 Staff numbers

The average monthly head count was 7 staff (2023: 4 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

Charitable activities
The parts of the charity in which the employee's work		 2024
Number
5.0
5.0		 2023
Number
2.0
2.0

Sessional staff are hired on a project by project basis and are included within charitable activities as direct project costs as they typically relate to specific production or projects.

13 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expense have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

14 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £4,537 (2023: £7,512). There was £501 outstanding as at 30 September 2024 (2023: £2,058)

15 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

16

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

Leasehold
property
16 Tangible fixed assets
improvements
Cost
Balance brought forward
267,538
Additions
-
Disposals
-
Balance carried forward
267,538
Depreciation
Basis
SL
Rate
5%
Balance brought forward
267,538
Depreciation charge for year
-
Disposals
-
Balance carried forward
267,538
Net book value
Brought forward
-
Carried forward
-
17 Debtors and prepayments (receivable within 1 year)
18
Cash at bank and in hand
19
Creditors and accruals (payable within 1 year)
Trade debtors
Other debtors
Pension
Accruals
Independent examination of accounts
Taxation and social security
Trade creditors
Other creditors
Cash at bank and in hand
Prepayments		 Garden
equipment
£
19,149
-
-
19,149
SL
25%
6,275
4,787
-
11,062
12,874
8,087
2024
£
391
1,066
246
1,703
2024
£
193,912
193,912
2024
£
-
1,386
501
800
148
2,835		 Fixture,
fttings and
equipment
£
19,023
-
-
19,023
RB
25%
18,714
309
-
19,023
309
-
2023
£
836
1,714
2,194
4,744
2023
£
166,737
166,737
2023
£
45
4,625
371
500
148
5,689		 Total
£
305,710
-
-
305,710
292,528
5,096
-
297,623
13,182
8,087

17

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

20 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

21 Analysis of charitable funds

Analysis of movements in unrestricted funds

For the year ending 30 September 2024

Unrestricted funds
General unrestricted fund
Designated funds
Salaries/Sessional support
Courses/Equipment and
Allotment
In house Projects Committed
Totals		 Fund
balances
brought
forward
£
61,540
26,628
9,312
8,176
105,656		 Incoming
resources
£
39,913
6,342
5,386
6,195
57,836		 Resources
expended
£
( 25,306 )
( 16,162 )
( 2,310 )
( 1,673 )
( 45,451 )		 Transfers
£
-
-
-
-
-		 Fund
balances
carried
forward
£
76,146
16,809
12,388
12,698
118,041

For the year ending 30 September 2023

Unrestricted funds
General unrestricted fund
Designated funds
Salaries/Sessional Support
Courses/Equipment &
Allotment
In house projects committed
Totals		 Fund
balances
brought
forward
£
74,989
8,290
38,108
-
121,387		 Incoming
resources
£
50,447
4,970
6,159
-
61,576		 Resources
expended
£
( 56,727 )
( 4,368 )
( 9,043 )
-
( 70,138 )		 Transfers
£
( 7,169 )
17,736
( 25,912 )
8,176
( 7,169 )		 Fund
balances
carried
forward
£
61,540
26,628
9,312
8,176
105,656

Purpose of unrestricted funds

General unrestricted fund Designated funds

The 'free reserves' after allowing for designated funds Fund set aside for developing future projects

18

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

21 Analysis of charitable funds continued

Analysis of movement in restricted funds For the year ending 30 September 2024

Restricted funds
Greggs Foundation
Tudor Trust
Tesco Groundworks
Your Homes Newcastle
Heritage Fund
Newcastle City Council Ward
Funding
The National Lottery Community
Fund
Street Games
Henry Smith
Newcastle City Council Winter
Wellbeing Fund
CO-OP Community Fund
Other small grants
Totals
Community Foundation
Awards for All		 Fund
balances
brought
forward
£
575
13,714
-
-
4,181
-
573
-
18,454
-
34,933
-
-
887
73,317		 Incoming
resources
£
-
49,500
1,000
1,000
19,080
-
4,425
1,507
83,937
4,115
35,000
3,250
1,947
1,500
206,261		 Resources
expended
£
( 575 )
( 42,822 )
( 1,000 )
( 1,000 )
( 8,950 )
-
( 1,172 )
( 1,507 )
( 88,190 )
( 4,115 )
( 39,836 )
( 3,250 )
( 1,947 )
( 2,387 )
( 196,752 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
-
20,392
-
-
14,311
-
3,826
-
14,200
-
30,097
-
-
-
82,825

For the year ending 30 September 2023

Fund
balances
balances
brought
forward
Restricted funds
£
Greggs Foundation
16,591
Tudor Trust
14,209
Tesco Bags of Help COVID19
581
Your Homes Newcastle
900
7,625
Heritage Fund
14,460
277
Newcastle City Council Ward Fundin
-
National Lottery
-
Street Games
-
Henry Smith
-
Other small grants
-
Totals
54,643
Awards for All
Community Foundation		 Incoming
resources
£
-
45,000
-
1,000
9,800
18,440
5,050
2,370
41,410
3,666
35,000
18,500
180,236		 Resources
expended
£
( 16,016 )
( 45,495 )
( 581 )
( 1,914 )
( 13,244 )
( 37,273 )
( 7,539 )
( 2,369 )
( 22,955 )
( 3,666 )
( 67 )
( 17,613 )
( 168,731 )		 Transfers
£
-
-
-
14
-
4,373
2,784
( 1 )
-
-
-
-
7,169		 Fund
balances
carried
forward
£
575
13,714
-
-
4,181
-
573
-
18,454
-
34,933
887
73,317

19

POTTERY BANK COMMUNITY CENTRE LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 30 September 2024

21 Analysis of charitable funds continued

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Greggs Foundation Tudor Trust Tesco Groundworks Your Homes Newcastle Awards for All Heritage Fund Community Foundation

Newcastle City Council Funding

To fund core staff costs To fund core staff costs To supply emergency food parcels to the food hub The Potters Shed Wood work project To fund staff for 'Together We Grow' project To fun 'In the Footsteps' of Walker Women project To fun core running costs, 'In the Footsteps' of Walker Women slideshow and bookmark production and to fund 'Preserve & Grow' project

To fund Winter Wellbeing sessions and core running costs as well as Winter & Summer Family activities

The National Lottery Community To fund Creating Confident Communities Project Fund Street Games To fund summer activities Henry Smith To fund staffing for Strengthening Families Project Other small grants Neighbourly (M&S, Sainsbury & Lidl) - stock food items for Food Hub, Asda - stock items for Food Hub

22 Capital commitments

As at 30 September 2024, the charity had no capital commitments (2023 -£nil)

23 Analysis of net assets between funds

Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets		 Unrestricted
Funds
£
8,087
111,086
( 1,132 )
118,041		 Restricted
Funds
£
-
82,825
-
82,825		 Total
2024
£
8,087
193,912
( 1,132 )
200,866		 Total
2023
£
13,182
166,737
( 946 )
178,973

20