## **TOGETHER NEWCASTLE**
## **Operating name: Transforming Communities Together: Tyne to Tweed**
**Report of the Trustees and**
**Financial Statements for the year ended 31 December 2021**
**REGISTERED COMPANY NUMBER: 08139375 REGISTERED CHARITY NUMBER: 1150824**
1
## **TOGETHER NEWCASTLE Contents of the Trustees’ Report and Financial Statements For the year ended 31 December 2021**
||Page|
|---|---|
|Report of the Trustees|3 - 4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 - 11|
2
## **TOGETHER NEWCASTLE Report of the Trustees For the year ended 31 December 2021**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The financial statements comply with the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice, applicable to charities.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered company number: 08139375 Registered charity number: 1150824 Registered office: Church House, St John’s Terrace, North Shields, NE29 6HS Trustees: The Rt. Rev’d Mark Wroe, Bishop of Berwick (Chair) Professor J B Goddard Mr E Jubb Mrs G McKenzie The Revd Dr Pauline Pearson Company Secretary: Together Newcastle has no named Company Secretary Bankers: Barclays Bank 59 High Street Gosforth Newcastle upon Tyne NE3 4AA
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Together Newcastle (TN) is a charitable company limited by guarantee, incorporated on 11[th] July 2012. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
The Board consists of a maximum of 9 directors, with 1 nominated by the Church Urban Fund and 1 nominated by the Newcastle Diocesan Board of Finance. The directors meet when necessary in order to carry out the work of the charity and maintain its direction and ethos.
3
## **TOGETHER NEWCASTLE Report of the Trustees**
## **For the year ended 31 December 2021 (continued)**
## **Risk Management**
The Trustees are alert to risk and review control measures on a regular basis. Policies and procedures have been introduced to mitigate risk. Uncertainty about future funding is recognised and alternative funding sources sought.
## **Achievements and Performance**
The funds of the charity have decreased by £14,156 during the year.
## **Reserves**
The Trustees have given consideration to the level of reserves required by the charity and are satisfied that the present funds held form an adequate reserve. They may consider that efforts to expand the work of the charity in the future may require a higher level of reserves.
## **Objects and Activities**
The Charity’s objects are for the benefit of the public to promote the efficiency and effectiveness of Christian based charities in the furtherance of their objects, or any one of them, mainly but not exclusively by the provision of information, advice, support and infrastructure provision; and the relief of financial hardship, either generally or individually, through the provision of goods, grants and services.
## **Public Benefit**
The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake.
ON BEHALF OF THE BOARD
The Rt Rev’d M Wroe – Chair of the Trustees
13 April 2022
4
## **TOGETHER NEWCASTLE**
## **Independent Examiner’s Report to the Trustees**
I report on the accounts of the company for the year ended 31 December 2021 which are set out on pages 6 to 11.
## **Respective responsibilities of trustees and examiner**
The trustees (who are the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act.
- To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
- To state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the 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 you as 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 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 matter has come to my attention:
- 1) Which gives me reasonable cause to believe that in any material respect the requirements:
- a. To keep accounting records in accordance with section 386 of the Companies Act 2006.
- b. To prepare accounts which accord with accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities.
have not been met; or
- 2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Philip Ambrose CPFA 29 March 2022
Church House, St John’s Terrace, North Shields, NE29 6HS.
5
## **TOGETHER NEWCASTLE Statement of Financial Activities For the year ended 31 December 2021**
|**Notes**
**Income**
Grant, donations & sales
3
**Expenditure**
Charitable activities
4
**Net income / (expenditure)**
Transfers between funds
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
21,576
5,294
**16,282**
(9,622)
27,703
**34,363**|**Restricted**
**funds**
**£**
35,742
66,180
**(30,438)**
9,622
36,094
**15,278**|**2021**
**2020**
**Total**
**funds**
**Total**
**funds**
**£**
**£**
57,318
77,989
71,474
42,704
**(14,156)**
**35,285**
-
-
63,797
28,512
**49,641**
**63,797**|
|---|---|---|---|
6
## **TOGETHER NEWCASTLE Balance Sheet At 31 December 2021**
|**Notes**
Current assets
Cash at bank
Sundry debtors
**Net assets**
**Funds**
Unrestricted funds
6
Restricted funds
6
**Total funds**|**2021**
**2020**
**Total**
**funds**
**Total**
**funds**
**£**
**£**
49,641
63,797
-
-
**49,641**
**63,797**
34,363
27,703
15,278
36,094
**49,641**
**63,797**|
|---|---|
For the year ended 31 December 2021, the charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its financial statements for the period ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibility for:
- (a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006; and
- (b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board of Trustees on 13 April 2022 and were signed on its behalf by:
The Rt Rev’d M Wroe – Chair of the Trustees
7
**TOGETHER NEWCASTLE Notes to the Financial Statements For the year ended 31 December 2021**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice (SORP 2015) and applicable accounting standards (FRS 102).
## **Incoming resources**
All incoming resources are accounted for on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Taxation**
The charity is exempt from taxation on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives and at the discretion of the trustees.
There are 6 restricted funds through which some of the Charitable Activities are delivered. These funds are:
- Covid Cash Recovery.
- Financial Inclusion.
- Know Your Church, Know Your Neighbourhood.
- Moneywise.
- Places of Wellbeing.
## **2. TRUSTEES’ REMUNERATION AND BENEFITS**
There was no trustees’ remuneration or other benefits during the year ending 31 December 2021.
8
## **TOGETHER NEWCASTLE Notes to the Financial Statements For the year ended 31 December 2020 (continued)**
## **3. INCOME**
|**Analysis of income**
Diocese of Newcastle - grant
AllChurches Trust - grant
Awards for All - grant
Sales
Other grants & donations
other income
Big Lottery Fund - grant
Covid cash course - grant
Government grant - CJRS
Willan Trust - grant
Church Urban Fund - grant
**Total income**|**Unrestricted**
**funds**
**£**
20,000
-
-
-
1,570
6
-
-
-
-
-
**21,576**|**Restricted**
**funds**
**£**
-
19,850
10,000
5,411
200
281
-
-
-
-
-
**35,742**|**2021**
**2020**
**Total**
**funds**
**Total**
**funds**
**£**
**£**
20,000
15,000
19,850
-
10,000
-
5,411
-
1,770
1,614
287
-
-
32,306
-
11,385
-
8,934
-
5,000
-
3,750
**57,318**
**77,989**|
|---|---|---|---|
9
## **TOGETHER NEWCASTLE Notes to the Financial Statements For the year ended 31 December 2021 (continued)**
## **4. EXPENDITURE**
|**Analysis of expenditure**
Staff
Programme delivery
Equipment & resources
Operational support services
Membership
Training
Travel and subsistence
Postage, printing & stationery, other running costs
Telephone
**Total expenditure**|**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
-
31,350
477
17,018
7
9,076
3,159
3,846
500
1,604
-
1,750
242
1,342
820
75
90
119
**5,294**
**66,180**|**2021**
**2020**
**Total**
**funds**
**Total**
**funds**
**£**
**£**
31,350
26,174
17,495
-
9,083
5,619
7,004
5,314
2,104
500
1,750
3,510
1,583
799
895
699
209
90
**71,474**
**42,704**|
|---|---|---|
## **5. EMPLOYMENT**
The company had three part time employees. The total cost of the salary, employers’ national insurance and pension contributions was £31,350 (2020: £26,174 represents 1 part time employee).
**TOGETHER NEWCASTLE**
10
## **Notes to the Financial Statements**
**For the year ended 31 December 2021 (continued)**
## **6. MOVEMENT IN FUNDS**
|Unrestricted funds
Restricted funds
**Total funds**
Net movement in funds, included in the above are as follows:
Unrestricted funds
Restricted funds
**Total funds**|**At 1 Jan**
**2021**
**£**
27,703
36,094
**63,797**
**Income**
**£**
21,576
35,742
**57,318**|**Net**
**movement**
**At 31 Dec**
**in funds**
**2021**
**£**
**£**
16,282
43,984
(30,438)
5,657
**(14,156)**
**49,641**
**Movement**
**Expenditure**
**in funds**
**£**
**£**
(5,294)
16,282
(66,180)
(30,438)
**(71,474)**
**(14,156)**|
|---|---|---|
Unrestricted Fund - The unrestricted fund is available for any purpose within the objects of the charity.
Restricted Fund - The restricted fund is available for purposes as defined by the provider of the funds.
## **7. COMPANY LIMITED BY GUARANTEE**
The company is limited by guarantee and has no share capital. In the event of a winding up every member undertakes to contribute such amount as may be required not exceeding the total of £1.
11