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← Tyneside Outdoors

2024-03-31-accounts

TYNESIDE OUTDOORS

REPORT AND FINANCIAL STATEMENTS For the year 31 March 2024

Charity Number 1156445

TYNESIDE OUTDOORS

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year 31 March 2024

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 31st March 2024

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 March 2024.

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)

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

Review of the year

TO bike, our new community resource and new base for our Temple Raiders bike group was now a reality. Early work simply involved being there where we could, showing ourselves and our Temple Raiders work to the public. We used the shop as a make-shift office and meeting place, while signs on the door set out our intentions. Some members of the public started to enquire about the plans and we soon started to receive donations and bikes and accessories. The use of the shop as a workspace for our bike maintenance activities was an immediate boost, no more dragging bikes, tools and equipment to Temple Park and back again in the boot of a car!

Fundraising began in earnest and by Sept we were in a position to appoint a PT Bike Mechanic and Bike Shop Manager and start our repairs and servicing services. Bike refurbishment also started to increase and our first regular customers started to frequent the shop.

Later in the year we were successful in gaining support from the Platten Family Fund to support the development of a twice-weekly Young People’s Bike Repair Drop-in. This was a development from our fix-it-first sessions that preceded our Temple Raiders youth sessions, this time we opened our doors to all young people wishing to learn how to repair and maintain their bikes.

1

We had some early difficulties with appointing new staff to replace departing staff members for both our Temple Raiders and Way Out West youth groups, eventually achieving some stability during the summer and allowing us to enjoy a range of summer holiday activities.

Our work in the west (Benwell) and east (Walker) continued to develop albeit slowly. Evening sessions in both parks started to attract new and regular attendees and engagement with these young people was, on the whole, positive although antisocial behaviour, particularly in Walker Park, continued to be an issue blighting the areas.

The lower number of attendees in all our groups meant group outings were joined up, saving on costs and utilizing empty seats in the minibus the larger groups sizes helping to ensure group activities were more enjoyable.

Our new, second-hand, minibus has been a great boon to our work. We now had free reign to go on trips whenever and wherever we wanted and the particular make-up of the vehicle meant we could also make use of it for transporting bikes to and from our new shop.

New livery also made the minibus made our name more prominent, as did the new signage at TO bike, which was installed just in time for the Great North Run, when we opened to host a free Dr Bike service for the local community.

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

TO Bike is providing opportunities for contact with members of the local community and as such we have recruited volunteers to help out in the shop. Our need for volunteers to help with our youth work sessions is still pressing, and despite a number of enquiries we still struggle to recruit volunteers for these roles.

Achievements and Performance

Evaluation and outputs

Our work in South Shields has continued to show good progress. Our Temple Raiders group is still wellattended while our Young People’s Bike Repair Drop-in has increased the depth of our work and increased the awareness of our work and the need for young people to learn how to look after their bikes. Both the Temple Raiders and the Drop-in are well attended and are showing good signs of support from parents.

TO bike, our new bike shop in South Shields is growing its customer base and receiving good reviews from customers. Donations of bikes for refurbishment and recycling has remained consistent with sales of refurbished bikes increasing.

Our youth sessions in Hodgkin Park Benwell, in west Newcastle, and in Walker Park, in east Newcastle is proving more popular. Our presence in the parks is now seen as normal, and on occasion, our staff are seen as ‘trusted adults’ by children and by others as a welcome resource of games equipment and activities. The simple provision of tennis rackets and balls, a football, Frisbee or the setting up of a Slack Line can provide young people with the opportunity for free play, exercise and a positive detraction from other forms of activities.

The provision of cycling activities for our Way Out West group has grown, it is now seen as a useful cost-free option to get out of the park and an occasional fun activity in the park, particularly when we bring our bike ramps, Mini Rockers and unicycles.

Young people in Walker Park are often in need of bike repairs. Most minor repairs can be provided by staff using a small multi-tool and adjustment spanner, however, occasionally staff have provided Dr Bike style

2

activities – with work stands and a wider range of tools to provide repairs that would otherwise be unaffordable to many of the young people.

Walker Park has had its fair share of difficulties. Like many parks it suffers from a lack of maintenance and investment. We have been supported by other workers in the area to instigate clean-ups in and around the MUGA to clear up autumn and winter leaves and debris and to get the MUGA back in working order. Attempts have also been made to raise concerns about the lack of support for young people, particularly in Walker Park where the vacant building has been falling into disrepair and attracting vandalism. Requests have also been made, sparked by conversations with young people, for floodlights on the MUGA in Hodgkin Park so that young people can play games in there after dark.

Staff continue to attend local and regional network meetings to provide and gain support for more and better youth work in the region, better access to well-cared for outdoor spaces on Tyneside as well as the need to support young people to cycle more. Our work in parks receives little recognition and support generally for young people’s access to outdoor play continues to be low, particularly where this is contrasted with anti-social behaviour, such as in Walker Park.

Fundraising

We have received a number of donations, including £10,000 each from the Sir James Knott Trust and Bill Family Trust and donations from the Archer Trust, Barbour Foundation, Catherine Cookson Foundation, W A Handley Charitable Trust to support the opening of TO bike and received £10,000 from the Platten Family Fund to support the development of the Young People’s Bike Repair Drop-in.

Other donations to support our youth work activities were received from SJP Foundation, VONNE (Act Green Together) and donations from our online fundraising pages.

With concentration focused on ensuring TO bike got off the ground successfully, work on fundraising has suffered. The result of this is that we have started to draw on our unrestricted funds to support our youth work sessions.

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 £75,032 (2023: £33,210) of which £66,329 was restricted (2023: £32,674) and expenditure of £64,150 (2023: £44,529) of which £48,680 was restricted (2023: £36,082). There was an operating surplus of £10,882 (2023: deficit of £11,319) of which a surplus of £12,628 was restricted (2023: a deficit of £5,938).

At 31 March 2024 the Charity had net assets of £56,212 (2023: £45,330) of which £37,234 was restricted (2023: £22,917).

Reserves policy/Going concern

The Trustees consider the level of reserves, £18,978 (2023: £22,287), 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 in 2025.

3

Plans for future periods

TO bike has shifted our focus for the last year and rightly so, it was a new venture and something completely different and a bold move for the organization. We intend to consolidate the shop’s presence in the area and our work on cycling in South Shields including the development of new work with schools and other organisations. We will also use our strengths in this area to increase cycling activities with young people in Benwell and Walker, while also offering opportunities for occasional one-off activities for other organisations across Tyneside.

Our work with young people in parks and other outdoor spaces is starting to attract interest. We will use our experiences and expertise in this area to highlight the need for our work, or similar work, to offer other alternatives to anti-social behaviour interventions.

We will look to capitalize on opportunities to enter into research work around the provision of out-of-doors activities for young people in local outdoors spaces to provide for health, well-being and personal development activities for young people. This work was highlighted during the Covid-19 epidemic and is still being attributed to this today.

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 Gerard New Youth and Community Worker Independent Examiner Doug Maltman FMAAT Connected Voice Business Services 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.

4

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

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 18.01.2025 and signed on their behalf by:

Fiona Swindell Chairperson

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TYNESIDE OUTDOORS

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year 31 March 2024

I report on the financial statements of Tyneside Outdoors for the year 31 March 2024, 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 One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 20.01.2025

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TYNESIDE OUTDOORS

RECEIPTS AND PAYMENTS ACCOUNT

For the year 31 March 2024

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Receipts
Donations and grants 5 8,703 66,329 75,032 33,158
Total income 8,703 66,329 75,032 33,158
Payments
Charitable activities
Operation of the charity 6 15,697 48,680 64,377 44,603
Total expenditure 15,697 48,680 64,377 44,603
Net income/(expenditure) ( 6,994 ) 17,649 10,655 ( 11,445 )
Transfers between funds 5,021 ( 5,021 ) - -
Net income/(expenditure) and net
( 1,973 ) 12,628 10,655 ( 11,445 )
movement of funds
Reconciliation of funds
Total funds brought forward 22,287 22,917 45,204 56,649
Total funds carried forward 20,314 35,545 55,859 45,204
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 2024

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
Stock
Total assets
Liabilities
15
Independent examination
Payroll fees
Total liabilities
Notes		 Unrestricted
Funds
£
20,314
20,314
-
20,040
20,040
2,810
2,810
516
-
516		 Restricted
Funds
£
35,545
35,545
-
-
-
-
-
-
-
-		 Total
2024
£
55,859
55,859
-
20,040
20,040
2,810
2,810
516
-
516		 Total
2023
£
45,204
45,204
390
20,040
20,430
-
-
492
318
810

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

These financial statements were approved by the Board on: 18.01.2025

and are signed on its behalf by: Fiona Swindell Chairperson

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TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the year 31 March 2024

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 £20,314 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 year 31 March 2024

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 year 31 March 2024

----- Start of picture text -----
Analysis of receipts
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
5 Donations and grants
Grants
- -
Cycling UK 1,520 1,520
Violence Reduction Unit - - - 5,460
Access Sport - - - 500
LGA Foundation - 50 50 5,000
Coop Community Fund - - - 3,137
Northumbria Water Ltd - - - 2,996
RW Mann Trust - - - 2,000
-
Act Green Together 3,000 3,000 2,000
Muckle - - - 1,500
Wellesley Trust - - - 6,231
High Sheriff - - - 750
Webster Charitable Trust - - - -
- -
Roy & Pixie Baker Trust 3,000 3,000
- -
Platten family Fund 10,000 10,000
TO bike - 10,000 10,000 -
MIDAS - 430 430 -
Other income
Donations 3,156 24,056 27,212 3,584
- -
Activity fees 4,022 4,022
Sales - 15,793 15,793 -
Other income 5 - 5 -
8,703 66,329 75,032 33,158
----- End of picture text -----

Income was £75,032 (2023: £33,158) of which £8,703 was unrestricted or designated (2023: £484) and £66,329 was restricted (2023: £32,674)

12

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the year 31 March 2024

Analysis of payments on charitable activities

6 Charitable payments
Direct costs
Support costs
Governance costs
Staff pension
Independent examiner's fees for reporting on
the accounts
Insurance
Payroll service
Equipment
Mileage
Vehicle costs
Training
Office costs
Premises
Electricity
Water
Staff wages
Other project costs		 Unrestricted
Funds
£
5,559
1,587
688
1,507
-
-
-
700
551
761
3,783
69
-
492
15,697		 Restricted
Funds
£
19,278
1,118
8,503
778
12,092
1,228
343
804
-
4,418
4
-
114
-
48,680		 Total
2024
£
24,837
2,705
9,191
2,285
12,092
1,228
343
1,504
551
5,179
3,787
69
114
492
64,377		 Total
2023
£
15,315
1,649
4,829
-
-
-
-
673
2,252
18,058
1,359
-
-
468
44,603

Expenditure on charitable activities was £64,377 (2023: £44,603) of which £15,697 was unrestricted or designated (2023: £8,521) and £48,680 was restricted (2023: £36,082)

7 Fees for examination of the accounts

There were no other fees paid to the examiner (2023: £nil)
Independent examiner's fees for reporting on the accounts (due in arrears)
Other accountancy services paid to the examiner		 2024
£
492
551
1,043		 2023
£
468
259
727

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

Pension costs (defined contribution pension plan)
Salaries and wages		 2024
£
24,837
2,705
27,542		 2023
£
15,315
1,649
16,964

13

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the year 31 March 2024

No employee received remuneration above £60,000 (2023: 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 £10,870 (2023: £8,695).

9 Staff numbers

The average monthly head count was 5 staff (2023: 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		 2024
Number
1.4
1.4		 2023
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 £2,705 (2023: £1,649). There was £nil outstanding as at 31 March 2024 (2023: £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.

14

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the year 31 March 2024

13 Stock

Charitable activities:
Opening
Added in period
Expensed in period
Impaired
Closing		 For
For
distribution
resale
£
£
-
-
2,810
-
-
-
-
-
2,810
-
Stock		 For
For
distribution
resale
£
£
-
-
-
-
-
-
-
-
-
-
Donated goods		 Work in
progress
£
-
-
-
-
-

14 Cash at bank and in hand

Current account
Holding account
15
Liabilities (payable within 1 year)
Accruals
Independent examination of accounts
Payroll fees		 2024
£
55,859
-
55,859
2024
£
516
-
516		 2023
£
44,681
523
45,204
2023
£
492
318
810

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 2024

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
22,287
22,287		 Incoming
resources
£
8,703
8,703		 Resources
expended
£
( 15,697 )
( 15,697 )		 Transfers
£
5,021
5,021		 Fund
balances
carried
forward
£
20,314
20,314

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' of the charity

15

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the year 31 March 2024

Analysis of movement in restricted funds

As at 31 March 2024

Restricted funds
High Sheriff of Tyne & Wear
Award
MiDAS
Violence reduction Unit
Webster Charitable Trust
LGA Foundation
CO-OP Community Fund
Northumbria Water Ltd
RW Mann Trust
Act Green Together
Muckle
Wellesley Trust
Roy and Pixie Baker Trust
Platten Family Fund
TO bike
Totals		 Fund
balances
brought
forward
£
1,145
798
961
3,000
1,268
3,137
877
2,000
2,000
1,500
6,231
-
-
-
22,917		 Incoming
resources
£
1,000
430
-
-
50
-
-
-
3,000
-
-
3,000
10,000
48,849
66,329		 Resources
expended
£
( 164 )
( 455 )
( 373 )
( 3,000 )
( 647 )
( 2,023 )
( 462 )
( 1,268 )
( 1,595 )
( 1,232 )
( 396 )
( 2,323 )
( 2,289 )
( 32,453 )
( 48,679 )		 Transfers
£
-
-
( 588 )
-
( 671 )
( 1,114 )
( 415 )
( 732 )
-
( 268 )
( 124 )
( 677 )
( 1,357 )
925
( 5,021 )		 Fund
balances
carried
forward
£
1,981
773
-
-
-
-
-
-
3,405
-
5,711
-
6,354
17,321
35,545

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 MiDAS Violence Reduction Unit Webster Charitable Trust Access Sport LGA Foundation CO-OP Community Fund Northumbria Water Ltd RW Mann Trust Act Green Together Muckle Wellesley Trust Roy and Pixie Baker Trust Platten Family Fund TO bike

To provide youth activities

Provide training for minibus drivers Funds to support youth activities To provide youth activities Support for young people to take part in BMX racing. Support for youth work activities in West Newcastle. Support for Temple Raiders Youth Group, South Shields. Suport for youth work activities in Walker Park. Suport for youth work activities in Walker Park. Support for environmental youth projects in South Tyneside. Suport for youth work activities in Walker Park. Support for youth volunteering. Support for Yoiuth Activities in Benwell. Support for young people's bike repair drop in. Funds to pay for the shop and the outgoings.

Transfers between funds

Between unrestricted and restricted funds

Amount
Reason for transfer £
Transfer of funds to unrestricted on completion of projects 5,021
and events.

16

TYNESIDE OUTDOORS

NOTES TO THE FINANCIAL STATEMENTS

For the year 31 March 2024

18 Guarantee

There have been no guarantees given by the charity at 31 March 2024.

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 2024.

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 2022.

17