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← Tyneside Outdoors

2023-03-31-accounts

TYNESIDE OUTDOORS

REPORT AND FINANCIAL STATEMENTS For the period 1 April 2022 to 31 March 2023

Charity Number 1156445

TYNESIDE OUTDOORS

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

Contents Page
Trustees annual report 1 to 6
Independent examiners report 7
Receipts and payments account 8
Statement of assets and liabilities 9
Notes to the financial statements 10 to 17

TYNESIDE OUTDOORS TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 March 2023.

The financial statements comply with the Charities Act 2022, 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 October 2019)

1. Objectives and Activities

The objects are:

(1) To act as a resource for young people living in Tyneside by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:

(a) Advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;

(b) Advancing education;

(c) providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such.

(2) To promote physical and mental health and well-being for the benefit of the public.

(3) To promote for the benefit of the inhabitants of Tyneside and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.

(4) Such other charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine

With the Covid 19 Pandemic safely behind us, this year has seen Tyneside Outdoors making the most of the opportunities to gain new sources of income, consolidate our work in urban parks and begin to make a contribution to research topics around climate change, active travel and young people’s role in these subjects.

Our Temple Raiders enjoyed another series of BMX Racing with the support of Barensbury BMX Club. Young people also engaged with researchers for South Tyneside Council in providing feedback for the development of a new Health Strategy. From the summer of 2022 to spring 2023, the group worked alongside Eileen Lauster, a PHD researcher from Durham University, on a participatory action research (PAR) project looking at young people’s engagement in climate action activities.

The focus of the project concentrated on young people’s active travel, mainly by bike (cycling). The research highlighted a number of issues affecting young people’s active travel including highlighting the barriers they experience - feeling unsafe on roads, discouraged from pavements, bike theft, and physical infrastructure. Whilst the final research report has yet to be published, the group do have an active pad let page showing a map of the region pin-pointing areas of concern and key ‘go-to’ locations that the group enjoy. The padlet map can be viewed here: https://padlet.com/trsocialscientists/temple-raiders-young-people-s-cycling-experiencesmap-yd9p8vl5c7wz8w7e

1

TYNESIDE OUTDOORS TRUSTEES ANNUAL REPORT For the year ended 3 1 March 2023

TO bike. A new home for Temple Raiders, at 101 Prince Edward Road, became a reality on 1 March 2023. After years of carrying out repairs in Temple Park car park, we finally have an indoor space where the group can host their fix-it-first sessions, store their bikes and equipment and for Tyneside Outdoors to develop TO bike. As a new community resource selling refurbished bikes, recycled and new spares, and a servicing and repair service for local cyclists.

Our WOW (Way Out West) group in Benwell has continued to provide access to out-of-doors activities in Hodgkin Park. The group have struggled with numbers over this year, particularly during the winter months where, as opposed to Walker Park, Hodgkin Park becomes very quiet at night time, particularly after dark, something our youth workers are trying to resolve by encouraging participation in dark games like camouflage, a high-speed game of hide and seek, and a firm favourite with our group members. During the year the group also started to explore more options for cycling as a means of accessing activities away from the park, this follows on from learning during the Covid 19 pandemic and also to resolve problems negotiating high traffic areas in rush hour. Cycling to the Derwent Valley takes the same time as driving in the minibus and cycling to Whickam Thorn BMX Track helps young people learn how to get there on their own, but also saves on minibus costs and time spent in traffic around the Metro Centre.

Our work in Walker Park has shown dividends this year in terms of sustained relationships with a number of young people. Workers are now well-known to many local people and regular visitors simply turn up for a game of tennis, basketball, or to play on the slackline. The resilience to be there week after week, providing access to informal games and activities has enabled relationships to develop with local young people, and some parents, that suggests a level of trust and support for our work.

Minibus Purchase

After years of borrowing a minibus and dealing with cancellations and lack of availability, we bought our first minibus, at auction, in January 2023. The new minibus, now emblazoned with TO logos and contact information, was purchased with the grateful support of the Sir James Knott Trust and the Wellbank Foundation. The bus provides a great asset to our groups, with the ability to get out and about with very little notice.

Public Benefit Statement

The trustees/directors have paid due regard to the Charity Commission guidance on public benefit and are confident that the organisation’s aims, objectives and activities are in accordance with the guidance on public benefit.

Our activities and achievements as outlined demonstrate our commitment to ensuring that the organisation’s resources and activities maximise the potential benefit to our local community.

Contribution by Volunteers

Temple Raiders continue to benefit from our home-grown young volunteers. With the new base at TO bike. We hope to continue to recruit and develop new young volunteers and support them through access to training and development opportunities.

Achievements and Performance

Evaluation and outputs

Our consistent work in local parks is proving to be a successful model of working with local young people. Whilst there may have been difficult periods of low attendance due to the itinerant nature of young people in their neighbourhoods and problematic evenings with anti-social activity towards staff, our work is providing safe informal access to positive activities for young people in their parks.

2

TYNESIDE OUTDOORS TRUSTEES ANNUAL REPORT For the year ended 31st March 2023

The provision of fun games every week in Walker Park and Hodgkin Park is helping young people to enjoy outof-doors activities in their local park. Workers are also seen as ‘trusted’ adults, sometimes requested to intervene in minor bullying and intimidation between young people, and a safe space to play albeit for a short period and outdoors. We’re helping our local parks become a welcoming and enjoyable place for young people.

Our work in Temple Park in South Shields provides an opportunity for young people to enjoy rides in and around the park as well as rides out to local spaces, expanding their social and recreational boundaries. Our provision of informal free bike repairs for young people has been welcomed by local young people and is likely to increase with the group’s new base.

Our contribution to research on South Tyneside Council’s new Health and Wellbeing Strategy and our work on young people’s engagement in Climate Change - via our work with Durham University PHD student, Eileen Lauster, has provided additional emphasis on our role to ensure our work, where possible, contributes to further research and policy development in associated fields or work, i.e. Youth Work, Social Justice, Environment, Education, Health, etc.

Our weekly provision in all areas is essential to providing continuity for young people, we only cancel park sessions in cases of really bad weather, when it's not nice to be outdoors, and even on these occasions we’ve tried to rearrange and take the group indoor climbing instead.

Fundraising

Our fundraising has been successful this year with larger grants of £5,000 from the LGA Foundation and £4,965 from the Police and Crime Commissioner’s Operation Payback. Our other successful applications have resulted in grants and donations in the £2,000 to £3,000, which support individual groups for up to 5 months.

Financial review

Review of the year

The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements.

During the year the Charity had income of £33,158 (2022: £33,783) of which £32,674 was restricted (2022: £34,707) and expenditure of £44,603 (2022: £23,694) of which £36,082 was restricted (2022: £22,398). There was an operating deficit of £11,445 (2022: surplus of £12,089) of which a deficit of £5,938 was restricted (2022: a surplus of £12,309).

At 31 March 2023 the Charity had net assets of £45,204 (2022: £56,649) of which £22,917 was restricted (2022: £28,855).

Reserves policy/Going concern

The Trustees consider the level of reserves, £22,287 (2022: £27,794), prudent for the Charity at this time taking into account potential liabilities in the event that the charity ceased. Our Reserves Policy is reviewed annually.

The amount of unrestricted funds, not invested in fixed assets held by the charity, should be between 3 and 6 months of annual expenditure.

Risk Management

Tyneside Outdoors is currently working on a risk management policy for the organisation. It will be completed within the next 6 months.

3

TYNESIDE OUTDOORS TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Plans for future periods

2023 will see TO develop TO bike. As a local community resources for cyclists from all sections of the community. Our fix-it-first sessions will develop into a longer term and consistent offer to young people to help them develop into confident and competent cyclists. Building on the new work at the shop, we will continue to develop work with Temple Raiders to consolidate their activity programmes, particularly in relation to cycle sports - BMX, Mountain Biking, etc.

Our work in Walker and Hodgkin Park is resonating with work on; safety in parks, particularly for women and girls; the use of parks for health and wellbeing; antisocial behaviour; and Youth Work in general. It therefore deserves to be promoted by TO as a model for further development opportunities in these areas. TO needs to champion our work to make local parks and open spaces more accessible, enjoyable and useful to communities.

The use of TO’s new minibus needs to be explored both in terms of it’s potential for helping others access the outdoors, but also a potential aid to support organisations with minibuses through the provision of MiDAS training. TO also needs to develop a strategy to train new staff to drive its minibus so that reliance on one or two individuals does not restrict activities or overburden staff.

TO bike. Has already provided space for TO to store its spare bikes and bike repair equipment used for its Temple Raiders work. The provision of a storage container has also helped to bring some order to TO store of equipment. However, as the organisation continues to grow TO should continue to be on the lookout for suitable premises, close to or linked with an outdoor space from which to operate the organisation, i.e. office space, storage and minibus parking.

Finally, TO is nearing its tenth anniversary. It currently provides 3 youth groups in 3 different areas of Tyneside and has developed a good reputation as a quality youth work provider with request for support, advice and provision from a number of sources. In order to sustain our development, consolidate our work in current areas and to progress our work in other areas TO must achieve a sustainable level of management and administration to ensure our work continues into its next decade.

Reference and administrative details of the charity, its trustees and advisors

Registered charity name Tyneside Outdoors Charity number 1156445 Registered office ℅ Connected Voice One Strawberry Lane Newcastle upon Tyne NE1 4BX

T rustees and Members of the Board

Fiona Swindell Paige Robinson Matthew Crowe Nigel Hooper Paul Nixon Naomi Allen Craig Harvey

Senior Staff Youth and Community Worker

Gerard New

4

TYNESIDE OUTDOORS TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

Reference and administrative details of the charity, its trustees and advisors (continued)

Independent Examiner

Doug Maltman FMAAT Connected Voice Business Services Ltd One Strawberry Lane Newcastle upon Tyne. NE1 4BX.

Bankers

Co-operative Bank

Structure, governance and management

Governing Document

The organisation is a Charitable Incorporated Organisation (CIO) established in 2014 for which it has a constitution and is registered with the Charity Commission, Reg No. 1156445.

Recruitment and Appointment of Trustees

The Trustees are appointed according to the constitution. Regular attempts are made to advertise for and recruit new trustees through social media and via local voluntary sector network bulletins and Newsletters. Potential new trustees are invited to apply for the role following informal interviews with other trustees and staff. Following this, a trial period, including at least one trustee meeting allows for potential trustees and current trustees to assess their suitability for the role. Appointment to the role can take place at the following trustee meeting, should the trustees deem them to be suitable.

At the Annual General Meeting (AGM) all newly appointed trustees, since the last AGM, are required to retire. In addition, one-third of the trustees are subject to retirement by rotation. Trustees that have retired can be reappointed at the AGM.

Trustees are selected on the basis of specialist skills and commitment to the objectives and aims of the organisation.

Board Induction and Training

New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:

5

TYNESIDE OUTDOORS TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

7. Statement of Trustee Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity SORP requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of incoming resources and application of resources, including the receipts and payments of the charity for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on 26.01.2024 and signed on their behalf by:

Fiona Swindell Chairperson

6

TYNESIDE OUTDOORS

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the period 1 April 2022 to 31 March 2023

I report on the financial statements of Tyneside Outdoors for the period 1 April 2022 to 31 March 2023, which are set out on pages 8 to 17.

Respective responsibilities of trustees and examiner

The charity's trustees 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 2022 ("the Charities Act) and that an independent examination is needed.

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.

Doug Maltman FMAAT Fellow Member of the Association of Accountancy Technicians Connected Voice Business Services Ltd One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 28.01.2024

7

TYNESIDE OUTDOORS

RECEIPTS AND PAYMENTS ACCOUNT

For the period 1 April 2022 to 31 March 2023

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Receipts
Donations and grants 5 484 32,674 33,158 35,783
Total income 484 32,674 33,158 35,783
Payments
Charitable activities
Operation of the charity 6 8,521 36,082 44,603 23,754
Total expenditure 8,521 36,082 44,603 23,754
Net income/(expenditure) ( 8,037 ) ( 3,408 ) ( 11,445 ) 12,029
Transfers between funds 2,530 ( 2,530 ) - -
Net income/(expenditure) and net
( 5,507 ) ( 5,938 ) ( 11,445 ) 12,089
movement of funds
Reconciliation of funds
Total funds brought forward 27,794 28,855 56,649 44,560
Total funds carried forward 22,287 22,917 45,204 56,649
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 10 to 17 form an integral part of these accounts.

8

Charity Number 1156445

TYNESIDE OUTDOORS

STATEMENT OF ASSETS AND LIABILITIES

As at 31 March 2023

Cash funds
Current account and holding account
14
Total cash funds
Assets retained for Charity's own use
Laptop
Motor vehicle
Total
Assets:amounts receivable within one
year
13
Invoice raised
Total assets
Liabilities
15
Independent examination
Employer NI
Payroll fees
Total liabilities
Notes		 Unrestricted
Funds
£
22,287
22,287
390
18,000
18,390
-
-
492
-
639
1,131		 Restricted
Funds
£
22,917
22,917
-
-
-
-
-
-
-
-
-		 Total
2023
£
45,204
45,204
390
18,000
18,390
-
-
492
-
639
1,131		 Total
2022
£
56,649
56,649
390
-
390
500
500
468
779
779
2,026

The notes on pages 10 to 17 form an integral part of these accounts.

These financial statements were approved by the Board on:

26.01.2024

and are signed on its behalf by: Fiona Swindell Chairperson

9

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

1 Accounting Policies

The accounts have been prepared on the receipts and payments basis. An audit is not required by the charity's constitution and has not been requested by the trustees.

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 October 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2022.

Tyneside Outdoors meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £22,287 and has already secured a significant amount of funding for the current year. 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 Receipts

3.1 Recognition of receipts

Receipts are recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of receipt 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 receipts and payments, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Receipts 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 receipt 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.

3.4 Volunteer help

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

10

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

3.5 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 charity.

4 Payments 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 work and other activities undertaken to further the purposes of the charity and their associated support costs.

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 payment was incurred.

4.5 Liabilities

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

11

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

Analysis of receipts

5
Donations and grants
Wellesley Trust
Wellbank Foundation
Violence Reduction Unit
Access Sport
LGA Foundation
Coop Community Fund
Northumbria Water Ltd
RW Mann Trust
Act Green Together
Muckle
Sir James Knott
Cycling UK
High Sheriff
Other income
Donations
Dr Bike
Police and Crime Commissioner's Funding
Other income
Grants
Community Foundation		 Unrestricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
484
-
-
484		 Restricted
Funds
£
-
-
-
-
-
5,460
500
5,000
3,137
2,996
2,000
2,000
1,500
6,231
750
3,100
-
-
32,674		 Total
2023
£
-
-
-
-
-
5,460
500
5,000
3,137
2,996
2,000
2,000
1,500
6,231
750
3,584
-
-
33,158		 Total
2022
£
12,953
10,000
1,165
500
10,000
-
-
-
-
-
-
-
-
-
-
661
60
444
35,783

Income was £33,158 (2022: £35,783) of which £484 was unrestricted or designated (2022: £1,076) and £32,674 was restricted (2022: £34,707)

12

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

Analysis of payments on charitable activities

6 Charitable payments
Direct costs
Support costs
Governance costs
Equipment
Vehicle costs
Independent examiner's fees for reporting on
the accounts
Insurance
Payroll service
Other expenditure
Staff wages
Staff pension
Staff expenses
Other project costs		 Unrestricted
Funds
£
3,036
361
-
379
673
2,252
40
1,312
-
468
8,521		 Restricted
Funds
£
12,279
1,288
-
4,450
-
-
18,018
47
-
-
36,082		 Total
2023
£
15,315
1,649
-
4,829
673
2,252
18,058
1,359
-
468
44,603		 Total
2022
£
14,623
1,747
9
5,228
649
490
-
60
60
888
23,754

Expenditure on charitable activities was £44,603 (2022: £23,694) of which £8,521 was unrestricted or designated (2022: £1,296) and £36,082 was restricted (2022: £22,398)

There were no other fees paid to the examiner (2022: £nil)
Independent examiner's fees for reporting on the accounts (due in arrears)
Other accountancy services paid to the examiner		 2023
£
468
2,252
2,720		 2022
£
888
490
1,378

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

Pension costs (defined contribution pension plan)
Salaries and wages		 2023
£
15,315
1,649
16,964		 2022
£
14,623
1,747
16,370

No employee received remuneration above £60,000 (2022: nil)

The key management personnel of the charity, comprise the trustees and the chief officer. The total employee benefits of the key management personnel of the charity were £8,695 (2022: £8,991).

13

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

9 Staff numbers

The average monthly head count was 6 staff (2022: 6 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work
Charitable activities		 2023
Number
2.0
2.0		 2022
Number
2.0
2.0

10 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 expenses have been incurred in the year.

Transaction(s) with related parties

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

11 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 £1,649 (2022: £1,747). There was £nil outstanding as at 1 April 2022 to 31 March 2023 (2022: £nil)

12 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.

13 Assets (receivable within 1 year)

Invoice raised 2023
£
-
-		 2022
£
500
500

14 Cash at bank and in hand

Current account
Holding account		 2023
£
44,681
523
45,204		 2022
£
56,320
329
56,649

14

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

15 Liabilities (payable within 1 year)

HMRC PAYE
Independent examination of accounts
Payroll fees
Accruals		 2023
£
492
639
-
1,131		 2022
£
468
-
779
1,247

16 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.

17 Analysis of charitable funds

Analysis of movements in unrestricted funds As at 31 March 2023

Unrestricted funds
General unrestricted fund
Totals
As at 31 March 2022
Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
27,794
27,794
Fund
balances
brought
forward
£
28,014
28,014		 Incoming
resources
£
484
484
Incoming
resources
£
1,076
1,076		 Resources
expended
£
( 8,521 )
( 8,521 )
Resources
expended
£
( 1,296 )
( 1,296 )		 Transfers
£
2,530
2,530
Transfers
£
-
-		 Fund
balances
carried
forward
£
22,287
22,287
Fund
balances
carried
forward
£
27,794
27,794

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' of the charity

15

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

Analysis of movement in restricted funds

As at 31 March 2023

Restricted funds
High Sheriff of Tyne & Wear
Award
MiDAS
Community Foundation
Virgin Money Foundation
Violence reduction Unit
Temple Raiders
Motor Vehicle
Way Out West
BMX purchase
Walker Park
Totals		 Fund
balances
brought
forward
£
1,630
798
3,497
135
-
2,796
20,000
-
-
-
28,855		 Incoming
resources
£
750
-
-
-
5,460
11,868
-
5,100
3,000
6,496
32,674		 Resources
expended
£
( 1,187 )
-
( 2,603 )
-
( 4,678 )
( 1,958 )
( 20,000 )
( 3,537 )
-
( 2,119 )
( 36,082 )		 Transfers
£
( 48 )
-
( 894 )
-
180
( 978 )
-
( 790 )
-
-
( 2,530 )		 Fund
balances
carried
forward
£
1,145
798
-
135
962
11,728
-
773
3,000
4,377
22,917

As at 31 March 2022

Restricted funds
High Sheriff of Tyne & Wear
Award
MiDAS
Cycling UK
Community Foundation
Virgin Money Foundation
Willan Trust
Violence reduction Unit
Temple Raiders
Motor Vehicle
Totals		 Fund
balances
brought
forward
£
880
798
16
757
10,006
4,090
-
-
-
16,547		 Incoming
resources
£
750
-
1,165
7,238
-
-
500
5,054
20,000
34,707		 Resources
expended
£
-
-
( 1,181 )
( 4,498 )
( 9,871 )
( 4,090 )
( 500 )
( 2,258 )
-
( 22,398 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
1,630
798
-
3,497
135
-
-
2,796
20,000
28,855

Purpose of restricted funds

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

High Sheriff of Tyne and Wear Award

To provide youth activities

MiDAS Provide training for minibus drivers Cycling UK Bike events Community Foundation Health and Wellbeing work with Young People in South Tyneside Virgin money Foundation To provide youth involvement activities in Temple Park Willian trust To provide youth work activities in West Newcastle

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TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the period 1 April 2022 to 31 March 2023

Purpose of restricted funds continued) Violence Reduction Unit Funds to support youth activities Temple Raiders Youth activities in Temple Park Motor Vehicle Funds for the purchase of a motor vehicle. Way Out West Youth activities in West Newcastle. BMX purchase Funds for the purchase of BMX cycles. Walker Park Youth activities in Walker Park.

Transfers between funds
Between unrestricted and
restricted funds
Transfer of funds to unrestricted on completion of projects
and events.
Reason for transfer		 2023
Amount
£
2,530

18 Guarantee

There have been no guarantees given by the charity at 1 April 2022 to 31 March 2023

19 Debt

There is no debt outstanding which is owed by the charity and which is secured by an excess charge on any of the assets of the charity at 31 March 2023.

20 Governing document

The organisation is a Charitable Incorporated Organisation - Association registered on 31 March 2014 as a body corporate under part 11 of the Charities Act 2011.

17