## **REGISTERED COMPANY NUMBER: 08330138 (England and Wales) REGISTERED CHARITY NUMBER: 1154255** **Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022 for North East Wellbeing** Clive Owen LLP Chartered Accountants 140 Coniscliffe Road DARLINGTON Co Durham DL3 7RT **North East Wellbeing** **Contents of the Financial Statements for the Year Ended 31 December 2022** **Page Report of the Trustees** 1 to 3 **Independent Examiner's Report** 4 **Statement of Financial Activities** 5 **Balance Sheet** 6 **Notes to the Financial Statements** 7 to 14 **Detailed Statement of Financial Activities** 15 to 16 ## **North East Wellbeing** ## **Report of the Trustees for the Year Ended 31 December 2022** 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 2022. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** North East Wellbeing (NEW) objects are to advance and promote education with a view to improving and enhancing the emotional wellbeing and mental health of children and young people who are experiencing emotional, mental or physical distress and / or ill health in the school environment. ## **Public benefit** The activities set out in this report have been undertaken to further the Charity's charitable purposes for the public benefit. The trustees have complied with the duty under Section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission, the trustees have paid due regard to this guidance in deciding what activities the charity should undertake. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** 2022 marked the tail-end of the restrictions of COVID and a return to a kind of normal for North East Wellbeing and its operations. This is reflected in the increased revenue for 2022 and the increased excess of income over expenditure. Income made its way into NEW through the four projects: Zone West, Wilderness Schooling, Curious Beasts, Therapeutic Schooling and also some unrestricted grants for core costs. The projects were all profitable with the exception of Curious Beasts that was hit hard by the COVID restrictions and did not recover fully when they were eased for the Summer Term 2022. Two important events that had a big impact on NEW during 2022 were the ill-health of the CEO, Toby Quibell and the investment in Zone West from Newcastle Local Authority. Toby's absence and phased return was a challenge for the organisation, and the outcome was positive in that NEW showed itself to be robust enough to cover key-person responsibilities through internal capacity - an important characteristic for a growing organisation. The investment from Newcastle LA was a different kind of challenge: the size of the commission (400k over 2 years) created a need for a strategic step-change. The Trustees and the executive met to discuss the implications, thinking about the core work of NEW and what kind of organisation we imagined for the future. After careful consideration, we agreed to pursue a deeper partnership with Healthworks, allowing a division of the Zone West project into operations and programme fidelity. It was agreed that responsibilities relating to employment and programme management would be delivered by Healthworks and those relating to project leadership and training would be delivered by NEW. Towards the end of the year a set of partnership documents were agreed to this end. 2022 concluded on this positive note: North East Wellbeing had grown as an organisation, the projects survived the storm of COVID and the largest of these, Zone West was now homed in a partner charity allowing NEW to concentrate on the its core strengths: development, knowledge capital, impact assessment and strategic leadership. In the light of which, we were able to work on the Aims and objectives for 2023. ## **FINANCIAL REVIEW Financial position** The total income for the year was £393,935 (2021: £303,487) and expenditure was £367,179 (2021: £255,924). The surplus for the year was £26,756 (2021: £47,563). Page 1 ## **North East Wellbeing** ## **Report of the Trustees for the Year Ended 31 December 2022** ## **FINANCIAL REVIEW** ## **Reserves policy** NEW is committed to building reserves to the value of three months operating costs and we hope that goal is consolidated in the year ahead. The reserves held at 31 December 2022 were £68,736, of which £39,000 are restricted and £29,736 are unrestricted. ## **Principal risks and uncertainties** The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against such risks. The trustees consider the main risks to be the financial resources available to achieve its objectives. The trustees regularly review the financial data and project's performance to help mitigate against those risks. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charitable company is controlled by its governing document, which was established under a Memorandum of Association which sets out its objects and powers and is governed under its Articles of Association. The charitable company is limited by guarantee, as defined by the Companies Act 2006. ## **Charity constitution** NEW is a charitable company limited by guarantee, incorporated on 13 December 2012 and registered as a charity on 18 October 2013. In the event of the charitable company being wound up members are required to contribute an amount not exceeding £1. ## **Recruitment and appointment of new trustees** Trustees are appointed to serve a minimum of one and a maximum of two terms, terms are two years. Retiring Trustees may be reappointed but a trustee who has served for two consecutive terms must take a break from office. All new Trustees are expected to attend an induction training session and to undertake appropriate training during their period of office. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 08330138 (England and Wales) **Registered Charity number** 1154255 ## **Registered office** 39a Hencoates HEXHAM Northumberland NE46 2EW ## **Trustees** N Blackburn Ms M Brown Ms J Davidson Ms S McTimoney P Ryan Page 2 ## **North East Wellbeing** **Report of the Trustees for the Year Ended 31 December 2022** **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Antony Luckett BCom BFP FCA DChA Clive Owen LLP Chartered Accountants 140 Coniscliffe Road DARLINGTON Co Durham DL3 7RT Approved by order of the Board of Trustees on ............................................. and signed on its behalf by: ........................................................................ N Blackburn - Trustee Page 3 ## **Independent Examiner's Report to the Trustees of North East Wellbeing** ## **Independent examiner's report to the trustees of North East Wellbeing ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). 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** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 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 Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts 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. Antony Luckett BCom BFP FCA DChA Clive Owen LLP Chartered Accountants 140 Coniscliffe Road DARLINGTON Co Durham DL3 7RT Date: ............................................. Page 4 ## **North East Wellbeing** ## **Statement of Financial Activities for the Year Ended 31 December 2022** **----- Start of picture text -----**
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 - - - 349
Charitable activities 6
Curious beasts - 11,500 11,500 -
Therapeutic schooling - 12,966 12,966 -
Zone west - 41,000 41,000 -
Charitable activities 328,319 - 328,319 292,313
Other trading activities 4 - - - 10,825
Investment income 5 150 - 150 -
Total 328,469 65,466 393,935 303,487
EXPENDITURE ON
Charitable activities 7
Curious beasts - 11,500 11,500 -
Therapeutic schooling - 12,966 12,966 -
Zone west - 31,000 31,000 -
Charitable activities 311,714 - 311,714 255,924
Total 311,714 55,466 367,180 255,924
NET INCOME 16,755 10,000 26,755 47,563
RECONCILIATION OF FUNDS
Total funds brought forward 12,980 29,000 41,980 (5,583)
TOTAL FUNDS CARRIED FORWARD 29,735 39,000 68,735 41,980
**----- End of picture text -----**
The notes form part of these financial statements Page 5 ## **North East Wellbeing** ## **Balance Sheet 31 December 2022** **----- Start of picture text -----**
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 13 4,334 - 4,334 5,633
CURRENT ASSETS
Debtors 14 16,643 14,768 31,411 3,919
Cash at bank 9,749 24,232 33,981 33,329
26,392 39,000 65,392 37,248
CREDITORS
Amounts falling due within one year 15 (991) - (991) (901)
NET CURRENT ASSETS 25,401 39,000 64,401 36,347
TOTAL ASSETS LESS CURRENT
LIABILITIES 29,735 39,000 68,735 41,980
NET ASSETS 29,735 39,000 68,735 41,980
FUNDS 16
Unrestricted funds 29,735 12,980
Restricted funds 39,000 29,000
TOTAL FUNDS 68,735 41,980
**----- End of picture text -----**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities 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 Sections 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 provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. N Blackburn - Trustee The notes form part of these financial statements Page 6 ## **North East Wellbeing** ## **Notes to the Financial Statements for the Year Ended 31 December 2022** ## **1. STATUTORY INFORMATION** North East Wellbeing is a charitable company limited by guarantee registered in England and Wales. The company and charity registered numbers and registered office can be found on page 2. ## **2. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Critical accounting judgements and key sources of estimation uncertainty** Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical accounting estimates and assumptions: The charitable company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. Due to the non complex nature of the charitable company's operations in the opinion of the trustees there are no key judgements or estimation uncertainties that need to be considered when preparing the financial statements. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 20% on cost ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. continued... Page 7 ## **North East Wellbeing** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** **----- Start of picture text -----**
3. DONATIONS AND LEGACIES
2022 2021
£ £
Donations - 349
Income from donations and legacies was unrestricted during both the current and previous year.
4. OTHER TRADING ACTIVITIES
2022 2021
£ £
Conference income - 10,825
Income from other trading activities was unrestricted during both the current and previous year.
5. INVESTMENT INCOME
2022 2021
£ £
Deposit account interest 150 -
6. INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Activity £ £
Grants Charitable activities 65,466 189,500
Income Charitable activities 328,319 102,813
393,785 292,313
Grants received, included in the above, are as follows:
2022 2021
£ £
Zone West 41,000 139,861
Curious Beasts 11,500 19,500
Voluntary Sector Mental Health - 5,000
Therapeutic Schooling 12,966 25,139
65,466 189,500
**----- End of picture text -----**
Income from charitable activities was £393,785 (2021 - £292,313) of which £65,466 (2021 - £148,824) was attributable to restricted and £328,319 (2021 - £143,489) was attributable to unrestricted funds. continued... Page 8 ## **North East Wellbeing** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **7. CHARITABLE ACTIVITIES COSTS** |Curious beasts
Therapeutic schooling
Zone west
Charitable activities|Direct
Costs
£
11,500
12,966
31,000
212,613
268,079|Support
costs (see
note 8)
£
-
-
-
99,101
99,101|Totals
£
11,500
12,966
31,000
311,714| |---|---|---|---| ||||367,180| Expenditure on charitable activities costs was £367,179 (2021: £255,924) of which £311,713 (2021: £124,937) was unrestricted and £55,466 (2021: £130,987) restricted. ## **8. SUPPORT COSTS** |**SUPPORT COSTS**|| |---|---| |Governance|| |Management
costs|Totals| |£
£|£| |Charitable activities
97,258
1,843|99,101| ## **9. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): |2022|2021| |---|---| |£|£| |Depreciation - owned assets
1,979|1,877| |Independent examination fee
1,100|1,000| ## **10. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021. ## **11. STAFF COSTS** There were no employees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. continued... Page 9 ## **North East Wellbeing** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** **----- Start of picture text -----**
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 349 - 349
Charitable activities
Charitable activities 143,489 148,824 292,313
Other trading activities 10,825 - 10,825
Total 154,663 148,824 303,487
EXPENDITURE ON
Charitable activities
Charitable activities 124,937 130,987 255,924
NET INCOME 29,726 17,837 47,563
RECONCILIATION OF FUNDS
Total funds brought forward (16,746) 11,163 (5,583)
TOTAL FUNDS CARRIED FORWARD 12,980 29,000 41,980
13. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 January 2022 9,387
Additions 680
At 31 December 2022 10,067
DEPRECIATION
At 1 January 2022 3,754
Charge for year 1,979
At 31 December 2022 5,733
NET BOOK VALUE
At 31 December 2022 4,334
At 31 December 2021 5,633
**----- End of picture text -----**
continued... Page 10 ## **North East Wellbeing** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** **----- Start of picture text -----**
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade debtors 20,326 2,750
Prepayments and accrued income 11,085 1,169
31,411 3,919
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Accruals and deferred income 991 901
16. MOVEMENT IN FUNDS
Net
movement At
At 1.1.22 in funds 31.12.22
£ £ £
Unrestricted funds
General fund 12,980 16,755 29,735
Restricted funds
Zone West 29,000 10,000 39,000
TOTAL FUNDS 41,980 26,755 68,735
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 328,469 (311,714) 16,755
Restricted funds
Zone West 41,000 (31,000) 10,000
Therapeutic Schooling 12,966 (12,966) -
Curious Beasts
11,500 (11,500) -
65,466 (55,466) 10,000
TOTAL FUNDS 393,935 (367,180) 26,755
**----- End of picture text -----**
continued... Page 11 ## **North East Wellbeing** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **16. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** **----- Start of picture text -----**
Net
movement At
At 1.1.21 in funds 31.12.21
£ £ £
Unrestricted funds
General fund (16,746) 29,726 12,980
Restricted funds
Wilderness Schooling
11,163 (11,163) -
Zone West - 29,000 29,000
11,163 17,837 29,000
TOTAL FUNDS (5,583) 47,563 41,980
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 154,663 (124,937) 29,726
Restricted funds
Wilderness Schooling
19,500 (30,663) (11,163)
Zone West 99,185 (70,185) 29,000
Therapeutic Schooling 25,139 (25,139) -
Voluntary Sector Mental Health 5,000 (5,000) -
148,824 (130,987) 17,837
TOTAL FUNDS 303,487 (255,924) 47,563
**----- End of picture text -----**
continued... Page 12 ## **North East Wellbeing** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **16. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: **----- Start of picture text -----**
Net
movement At
At 1.1.21 in funds 31.12.22
£ £ £
Unrestricted funds
General fund (16,746) 46,481 29,735
Restricted funds
Wilderness Schooling
11,163 (11,163) -
Zone West - 39,000 39,000
11,163 27,837 39,000
TOTAL FUNDS (5,583) 74,318 68,735
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 483,132 (436,651) 46,481
Restricted funds
Wilderness Schooling
19,500 (30,663) (11,163)
Zone West 140,185 (101,185) 39,000
Therapeutic Schooling 38,105 (38,105) -
Voluntary Sector Mental Health 5,000 (5,000) -
Curious Beasts
11,500 (11,500) -
214,290 (186,453) 27,837
TOTAL FUNDS 697,422 (623,104) 74,318
**----- End of picture text -----**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Movement on individual funds are shown above. The purpose of each fund is as follows: ## **Unrestricted general fund** These funds represent unrestricted resources available for the general work of the charity. ## **Restricted funds** Curious Beasts - to fund costs incurred to support in the use of puppets to help children and schools to better mental health and wellbeing. Zone West - to fund costs incurred to join and link community resources to release talent and potential in children. continued... Page 13 ## **North East Wellbeing** **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **16. MOVEMENT IN FUNDS - continued** Therapeutic Schooling - to fund costs incurred to help schools deal with the difficult situations children sometimes face. Voluntary Sector Mental Health - to fund costs incurred to mental health research. ## **17. RELATED PARTY DISCLOSURES** During the year, the Chief Executive Officer received remuneration of £49,230 (2021: £38,690). Page 14 ## **North East Wellbeing** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** **----- Start of picture text -----**
2022 2021
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations - 349
Other trading activities
Conference income - 10,825
Investment income
Deposit account interest 150 -
Charitable activities
Grants 65,466 189,500
Income 328,319 102,813
393,785 292,313
Total incoming resources 393,935 303,487
EXPENDITURE
Charitable activities
Direct costs 128,403 66,381
Practioners 117,995 80,375
Design and print 188 3,573
Project management 21,493 21,107
268,079 171,436
Support costs
Management
Rent 9,344 8,419
Insurance 1,377 1,033
Website 1,426 760
Subscriptions 700 700
Postage and stationery - 613
Advertising & marketing 5,133 395
Sundries 2,998 3,759
Recruitment 3,300 -
Office management 71,001 63,631
Computer equipment 1,979 1,877
97,258 81,187
Finance
Interest payable - 1,127
Governance costs
Independent examination fee 1,100 1,000
Carried forward 1,100 1,000
**----- End of picture text -----**
This page does not form part of the statutory financial statements Page 15 ## **North East Wellbeing** **Detailed Statement of Financial Activities for the Year Ended 31 December 2022** **Governance costs** Brought forward Accountancy fees Total resources expended **Net income** **----- Start of picture text -----**
2022 2021
£ £
1,100 1,000
743 1,174
1,843 2,174
367,180 255,924
26,755 47,563
**----- End of picture text -----**
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