BENSHAM AND SALTWELL ALIVE
REPORT AND FINANCIAL STATEMENTS
For the year ended 31 March 2021
Charity Number 1157255
BENSHAM AND SALTWELL ALIVE
ANNUAL REPORT AND FINANCIAL STATEMENTS
For the year ended 31 March 2021
| Contents | Page |
|---|---|
| Trustees annual report | 1 to 5 |
| Independent examiners report | 6 |
| Statement of Financial Activities (including | 7 |
| income and expenditure account) | |
| Balance sheet | 8 |
| Notes to the financial statements | 9 to 16 |
BENSHAM AND SALTWELL ALIVE
TRUSTEES ANNUAL REPORT For the year ended 31 March 2021
The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 March 2021 which are also prepared to meet the requirements for a Directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
1. Objectives and Activities
The objectives of the Charity are to develop the capacity and skills of the members of the socially and economically disadvantaged community of Bensham and Saltwell in Gateshead in such a way that they are better able to identify and help meet their needs and to participate more fully in society.
During the year 2020-21, the charity used funds to sustain a number of existing activities, including:
-
Bensham Food Co-op – a weekly service that reaches 60 people regularly.
-
Bensham Court – Supported Bensham Court Tenants’ and Residents’ Association to adopt a new constitution and apply for funds in its own right. Also provided ongoing support for their food Co-op and social activities for residents.
-
Alive Wires Youth Clubs – 2 weekly sessions for young people offering a range of creative and arts activities. These continued throughout 2020/21 but taking account of Covid safety the sessions were delivered online (via Zoom) or outdoors.
Best of Bensham Collaborative
The Charity had received two year’s funding to establish and support the Best of Bensham Collaborative. The project has two main aims: to establish a collaborative model for working between local organisations to avoid duplication and provide a ‘seamless’ support offer in the neighbourhood; and to engage and develop local people through the co-production of initiatives which respond to their needs.
During the reporting period, a further 14 organisations joined the Collaborative bringing the total membership to 35 local organisations. The Collaborative continued to meet monthly in person or videoconferencing to discuss project delivery and to update activities. It is chaired by one of the Charity’s trustees.
A Memorandum of Understanding is in place between the group and Bensham and Saltwell Alive Trustees. The trustees act as the executive group for the neighbourhood project and carry financial responsibility. The Best of Bensham Collaborative members are the delivery group for projects developed under this initiative.
A variety of activities was established through supporting community groups and local partner organisations. These include neighbourhood gardening, a community allotment, a ‘Meals at Home’ service (weekly), holiday activities including arts/creative activities, football coaching and specific activities for young Jewish people with disabilities. We also supported local arts organisation ‘Dingy Butterflies to run a creative project in the Bensham area (10 x 10 Creative Bensham).
Bensham and Saltwell Alive has established a website and improved its communications with the community through this, social media and other forms, e.g., Newsletter and activity pack were sent to 300 homes. We have also recruited and built up a group of around 45 active local volunteers who support many of the activities above.
1
BENSHAM AND SALTWELL ALIVE
TRUSTEES ANNUAL REPORT
For the year ended 31 March 2021
We have supported five local groups to become formally constituted, enabling them to apply and hold funds for their own activities, these are: The Chev, Brighton Gardens Gardeners, Creative Youth Opportunities (conversion to a CIO), Bensham Court and the Alive Lunch Club.
Effects of the pandemic
In February/March 2020, the effects of the coronavirus pandemic and the government’s ‘lockdown’ response were becoming evident. Consequently, activities and meetings were moved online as far as possible and constraints discussed with Gateshead Council.
The trustees reviewed the Charity’s financial position at the start of the financial year and determined that it was secure until April 2021. The Gateshead Council Innovation and Development Fund provided funding up to 31 March 2021. It was supplemented by a development grant of £44,590 from the National Lottery Community Fund to extend the project’s administrative resources. This expired on 31 December 2020. Smaller grants from National Lottery Community Fund (A4A), Ballinger Trust, Dept of Culture, Media and Sport (Covid Support Grant) totalling £55,000 were secured within the financial year (20/21)
An application to the Community Foundation was successful, providing funding of £30,000 for the following year (2021-2022).
2. Achievements and Performance
Bensham and Saltwell Alive has had a successful year, securing substantial additional grant funding to cope with the additional demands that resulted from the Covid-19 epidemic. This has enabled progress towards its goal of bringing together community organisations and local people to identify needs, share resources and collaborate effectively. A range of new activities and services have been developed and begun. Funding for the next year is secure and trustees consider that the Charity is in a good position to continue support to the community as it emerges from the pandemic and faces new problems in relation to employment, health and well-being.
3. Regards to Public Benefit
When exercising any powers or duties in the running of Bensham and Saltwell Alive, the Trustees have complied with their duty to have due regard to the guidance issued by the Charity Commission on public benefit.
2
BENSHAM AND SALTWELL ALIVE
TRUSTEES ANNUAL REPORT
For the year ended 31 March 2021
4. Reference and administrative details of the charity, its trustees and advisors
Michelle Harland and Ben Jones, both members of the Best of Bensham Collaborative, were elected as new trustees.
| Charity Name | Bensham and Saltwell Alive | |
|---|---|---|
| Registered Charity | 1157255 | |
| Number | ||
| Operational address | c/o St Chads Community Project | |
| 21 Liddell Terrace | ||
| Gateshead | ||
| NE8 1YN | ||
| Trustees | Robert Waugh | Chair |
| Eileen McMaster | Vice Chair | |
| Leanne Coxon | Treasurer | |
| John Carpenter | Secretary | |
| Catherine Donovan | ||
| Trevor Hopkins | ||
| Tom Rooke | ||
| Michelle Harland | Appointed 27.08.20 | |
| Ben Jones | Appointed 27.08.20 | |
| Independent | Jim Dodds | |
| Examiner | Connected Voice Business Services Limited | |
| Higham House | ||
| Higham Place | ||
| Newcastle upon Tyne | ||
| NE1 8AF | ||
| Bankers | Lloyds Bank | |
| 25 Gresham Street | ||
| London |
5. Structure, Governance and Management
Governing documents
Bensham and Saltwell Alive is a Charitable Incorporated Organisation. (CIO), first registered on 30 May 2014, and has a constitution as its governing document.
Organisation
The Trustees meet monthly and deal with the administration of the charity encompassing the strategic vision, financial accountability and risk management.
Risk management
The Trustees have assessed the risks to which the charitable company is exposed, in particular those related to the operations and finances of the charitable company and are satisfied that systems and procedures are in place to mitigate any risk.
3
BENSHAM AND SALTWELL ALIVE
TRUSTEES ANNUAL REPORT
For the year ended 31 March 2021
Method of Recruitment of Trustees
The responsibilities of trustees are explained to potential new members who are invited to submit a written expression of interest. This contains a statement about their relevant skills and experience and reasons for wanting to be a trustee. The trustees consider the statement at a meeting of the board of trustees. The position of Chair and other officers is agreed by members.
Policies adopted for the induction and training of Trustees
Bensham and Saltwell Alive has adopted a range of appropriate policies to govern the conduct of its Trustees and any activities associated with the charity, e.g. Youth work sessions are carried out in accordance with Safeguarding procedures by qualified and DBS cleared staff employed by Creative Youth Opportunities.
The Secretary provides new trustees with the Charity Commission Welcome Pack and supplementary materials specific to role as officers, if appropriate. Trustees have one or more Trustee Development Sessions each year, led by an external facilitator.
6. Financial Review
Bensham and Saltwell Alive is primarily funded by grants. The total income for the year was £131,286 (2019: £85,120). This income is allocated across respective funds on the Statement of Receipts and Payments in accordance with the Statement of Recommended Practice.
The Statement of Receipts and Payments for the year ended 31 March 2021, shows a net income across all funds of £93 (2020: net expenditure £5,955).
The Statement of Assets and Liabilities at 31 March 2021 shows total cash fund carried forward of £38,690 (2020: £38,597) of which there are £24,888 restricted funds (2020: £38,576).
4
BENSHAM AND SALTWELL ALIVE
TRUSTEES ANNUAL REPORT For the year ended 31 March 2021
7. Statement of Trustee Responsibilities
The charity trustees are responsible for preparing a trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The charity trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources. In preparing financial statements, the trustees are required to:
-
Select suitable accounting policies and apply them consistently;
-
Observe the methods and principles in the Charities SORP;
-
Make judgements and estimates that are reasonable and prudent;
-
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper 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 29[th] October 2021 and signed on their behalf by:
Dr John S W Carpenter Trustee and Secretary
5
BENSHAM AND SALTWELL ALIVE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
For the year ended 31 March 2021
I report on the financial statements of Bensham and Saltwell Alive for the year ended 31 March 2021, which are set out on pages 7 to 16.
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 2011 ("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:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
-
to state whether particular matters have come to my attention.
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:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair" view which is not a matter considered as part of an independent
However, not all future events or conditions can be predicted. The COVID-19 viral pandemic is one of the most significant economic events for the UK with unprecedented levels of uncertainty of outcomes. It is therefore difficult to evaluate all of the potential implications on the charitable company’s trade, customers, suppliers and wider economy. The trustees’ view on the impact of COVID-19 is disclosed in the accounting
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.
Jim Dodds Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 29th October 2021
6
BENSHAM AND SALTWELL ALIVE
RECEIPTS AND PAYMENTS ACCOUNT
For the year ended 31 March 2021
| 3 Payments 4 Charitable activities Total expenditure Net income/(expenditure) Transfers between funds Net movement of funds Notes Total income Donations and grants Receipts Operation of the charity Total funds carried forward Reconciliation of funds Total funds brought forward |
Unrestricted Funds £ 9,080 9,080 5,298 5,298 3,782 10,000 13,782 21 13,803 |
Restricted Funds £ 122,206 122,206 125,894 125,894 ( 3,688 ) ( 10,000 ) ( 13,688 ) 38,576 24,888 |
Total 2021 £ 131,286 131,286 131,193 131,193 93 - 93 38,597 38,690 |
Total 2020 £ |
|---|---|---|---|---|
| 85,120 | ||||
| 85,120 | ||||
| 91,075 | ||||
| 91,075 | ||||
| ( 5,955 ) - |
||||
| ( 5,955 ) 44,552 |
||||
| 38,597 |
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 9 to 16 form an integral part of these accounts.
7
Charity Number 1157255
BENSHAM AND SALTWELL ALIVE
STATEMENT OF ASSETS AND LIABILITIES
As at 31 March 2021
| Cash funds Cash at bank Cash in hand Total cash funds Fixed assets Laptop Freezer Boiler Display boards Cinema equipment Oven Washing machine Total assets Liabilities Accountancy and independent examination Total liabilities Notes |
Unrestricted Funds £ 13,728 74 13,803 - 988 - - - 372 - 1,360 |
Restricted Funds £ 24,888 - 24,888 572 - 191 457 533 1,140 213 3,106 |
Total 2021 £ 38,616 74 38,690 572 988 191 457 533 1,512 213 4,466 528 528 |
Total 2020 £ |
|---|---|---|---|---|
| 38,587 10 |
||||
| 38,597 | ||||
| 572 988 191 457 533 1,512 213 |
||||
| 4,466 | ||||
| 528 | ||||
| 528 |
Total liabilities
The notes on pages 9 to 16 form an integral part of these accounts.
These financial statements were approved by the Board on: 29th October 2021 and are signed on its behalf by: Dr John S W Carpenter Trustee
8
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
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 Preparation of the accounts on a going concern basis
The financial statements have been prepared on a going concern basis. The Trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. In particular, in response to the COVID-19 pandemic, the Trustees have revised their forecasts to take into account the impact on the business of possible scenarios brought on by the impact of COVID-19, alongside the measures that they can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.
Due to the COVID-19 pandemic, it has put many strains on all businesses including Bensham and Saltwell Alive. It should be noted that the charity is still able to meet its obligations to fulfilling its contracts with funders, who have been flexible about the timescale for delivery. Also due to the crises, the trustees have acknowledged that the crisis has allowed them to gain extra funding in the next 12 months to support vulnerable households.
9
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
Analysis of income
| 3 Donations and grants Gateshead Council - Housing Association Sir James Knott Trust The 1989 Willian Charitable Trust Your Voice Counts Groundworks UK HM Government - COVID 19 National Lottery Community Fund A4A St Chads Project Bensham Grove Other income Course fees Other income Donation Grants Gateshead Council - Local Community Fund Citizens Advice Avenue Project Gateshead Council - Innovation Grant Gateshead Council - Summer Festival Gateshead Council - Community Cinema Newcastle University - Spacehive Northumbria Police and Crime Commissioner Ballinger Charitable Trust Gateshead Council - Department of Education Gateshead Council - COVID 19 Gateshead Council - Holiday Hunger Greggs Foundation |
Unrestricted Funds £ - - 125 5,000 - - - - - - - - - - - - - - - - - - - 3,946 9 9,080 |
Restricted Funds £ - 8,000 - - 10,000 - - 5,559 1,500 38,886 4,200 - 500 2,000 25,000 15,400 - 1,250 - 5,000 1,660 3,160 - - 91 122,206 |
Total 2021 £ - 8,000 125 5,000 10,000 - - 5,559 1,500 38,886 4,200 - 500 2,000 25,000 15,400 - 1,250 - 5,000 1,660 3,160 - 3,946 100 131,286 |
Total 2020 £ |
|---|---|---|---|---|
| 1,261 - - - - 2,630 600 - - 29,388 2,660 1,000 - - - 44,590 600 - 1,316 - - - 125 722 228 |
||||
| 85,120 |
Income was £131,286 (2020: £85,120) of which £9,080 was unrestricted or designated (2020: £1,478) and £122,206 was restricted (2020: £83,642)
10
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
Analysis of expenditure on charitable activities
| 4 | Charitable expenditure Direct costs Support costs Governance costs Electricity Cleaning Repair and maintenance Professional fees Large equipment purchases Independent examiner's fees for reporting on the accounts Development staff Training Staff costs Fundraising Rent and rates Launch event Grants Room hire Lobley Hill Food Bank Other Session costs and trips Mobile Food - Co-Op Stationery, IT and equipment Meetings and refreshments Insurance Community projects Youth work sessional staff Consultancy |
Unrestricted Funds £ - - 41 3,669 - 67 - - - - - - - - - - - - 1,164 - 7 - - 350 - 5,298 |
Restricted Funds £ 36,426 - 12,896 17,660 - 924 30,829 1,125 1,543 4 - 13,582 - 2,160 322 - - 309 1,830 - 838 393 4,426 100 528 125,894 |
Total 2021 £ 36,426 - 12,937 21,329 - 991 30,829 1,125 1,543 4 - 13,582 - 2,160 322 - - 309 2,994 - 845 393 4,426 450 528 131,193 |
Total 2020 £ |
|---|---|---|---|---|---|
| 10,228 1,193 2,800 10,540 2,741 5,492 24,654 5,310 2,442 2,119 175 2,000 250 243 539 320 115 378 5,097 56 2,739 6,330 4,466 344 504 |
|||||
| 91,075 |
Expenditure on charitable activities was £131,193 (2020: £91,075) of which £5,298 was unrestricted or designated (2020: £3,318) and £125,894 was restricted (2020: £87,757)
5 Fees for examination of the accounts
| Independent examiner's fees for reporting on the accounts There were no other fees paid to the examiner (2020: £nil). |
2021 £ 528 528 |
2020 £ |
|---|---|---|
| 528 | ||
| 528 | ||
11
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
6 Analysis of staff costs and the cost of key management personnel
The charity currently does not employ staff as it subcontracts the development of the charity to a consultant. No employee received remuneration above £60,000 (2020: nil).
The key management personnel of the charity, comprise the trustees and the charity manager. The total employee benefits of the key management personnel of the charity were £nil.
7 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
As detailed in note 6, the charity does not employ staff and as a result subcontracts the development of the charity to a consultant. Consultancy is conducted through a firm operated by a trustee and their spouse. The total expenditure due to consulting is £25,900 (2020: £24,654) paid for the work carried out in the period. The rate that of which consultancy is charged is of non market activity for the firm, at a reduced rate of 35% of the actual rate chargeable. But is within the acceptable market activity of the wider market. All trustees are in agreement of this process to continue.
8 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.
9 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.
10 Grant making
| Purpose for which grants made Carried forward Alive Lunch Club Bensham Court Brighton Avenue PR Brighton Gardens Gardeners Ceadmon Primary School Corpus Christi Creative Youth Opportunities Affleck Sreet Gardeners BF Co-Op |
2021 Total £ - 350 - 850 750 1,682 250 750 800 5,432 |
2020 Total £ |
|---|---|---|
| 250 - 700 - - - - - 250 |
||
| 1,200 |
12
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
10 Grant making (continued)
| Grant making(continued) | ||
|---|---|---|
| Purpose for which grants made Brought forward Sudanese Mens Group St. Chad's Community Project The Chev Project The Comfrey Project Young Women's Outreach Project Zayis Raanon Jewish Project Side by Side Arts Dingy Butterflies Feeding Families Gateshead Carers Peace of Mind Prince's Trust Zero Limits |
2021 Total £ 5,432 - 300 700 500 850 350 1,000 750 - 1,350 1,250 250 500 350 13,582 |
2020 Total £ |
| 1,200 250 - - - - - - 200 200 - 150 - - - |
||
| 2,000 |
11 Analysis of charitable funds
Analysis of movements in unrestricted funds
For the year ended 31 March 2021
| Fund balances brought forward Unrestricted funds £ General unrestricted fund 21 Designated funds Redundancy - Totals 21 Fund balances brought forward Unrestricted funds £ General unrestricted fund 1,800 Totals 1,800 For the year ended 31 March 2020 |
Incoming resources £ 9,080 - 9,080 Incoming resources £ 1,478 1,478 |
Resources expended £ ( 5,298 ) - (5,298) Resources expended £ ( 3,318 ) (3,318) |
Transfers £ - 10,000 10,000 Transfers £ 61 61 |
Fund balances carried forward £ |
|---|---|---|---|---|
| 3,803 10,000 |
||||
| 13,803 | ||||
| Fund balances carried forward £ |
||||
| 21 | ||||
| 21 |
Purpose of unrestricted funds
General unrestricted fund
The 'free reserves' of the charity
13
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
11 Analysis of charitable funds (continued)
Analysis of movement in restricted funds
For the year ended 31 March 2021
| Restricted funds Totals National Lottery Community Fund The 1989 Willian Charitable Trust Ballinger Charitable Trust Gateshead Council Gateshead Council - Local Community Fund Gateshead Council - Business Grant Northumbria Police and Crime Commissioner National Lottery Community Fund A4A Your Voice Counts Community Cinema Club and Saltwell Festival Greggs HM Government - COVID 19 Gateshead Council - Housing Association Gateshead Council - Holiday Hunger Groundworks UK Sir James Knott Trust |
Fund balances brought forward £ - - - 1,525 35,451 - - - - 1,600 - - - - - - 38,576 |
Incoming resources £ 1,250 1,660 8,000 38,886 - 4,291 10,000 15,400 3,160 - 500 1,500 5,559 25,000 2,000 5,000 122,206 |
Resources expended £ ( 1,250 ) ( 565 ) ( 4,000 ) ( 40,411 ) ( 35,361 ) - - ( 13,214 ) ( 3,031 ) ( 679 ) ( 500 ) ( 1,500 ) ( 5,649 ) ( 18,862 ) ( 873 ) - ( 125,895) |
Transfers £ - - - - ( 90 ) - ( 10,000 ) - - - - - 90 - - - ( 10,000) |
Fund balances carried forward £ |
|---|---|---|---|---|---|
| - 1,095 4,000 - - 4,291 - 2,186 129 921 - - - 6,138 1,127 5,000 |
|||||
| 24,888 |
For the year ended 31 March 2020
| Restricted funds Gateshead Council CBF Art Project Cinema Club Youth Work Food - Co-Op Lobley Hill Food Bank Saltwell Festival Thrive Fund Totals Ballinger Charitable Trust National Lottery Community Fund |
Fund balances brought forward £ 2,340 - 645 - 3,925 950 2,741 - 9,750 22,400 42,752 |
Incoming resources £ - 29,388 2,080 600 4,484 1,500 - 1,000 44,590 - 83,642 |
Resources expended £ ( 2,340 ) ( 27,863 ) ( 2,640 ) - ( 8,409 ) ( 2,500 ) ( 2,741 ) - ( 18,876 ) ( 22,387 ) ( 87,757) |
Transfers £ - ( 85 ) - - 50 - - ( 13 ) ( 13 ) ( 61) |
Fund balances carried forward £ |
|---|---|---|---|---|---|
| - 1,525 - 600 - - - 1,000 35,451 - |
|||||
| 38,576 |
14
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
11 Analysis of charitable funds (continued)
Purpose of restricted funds
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
Youth Work Funds for staff costs, resources and venue costs for weekly sessions for young people in Bensham. Northumbria Police and Crime Funds for weekly sessions for young people in Bensham. Commissioner The 1989 Willian Charitable Trust Funds for weekly sessions for young people in Bensham. Ballinger Charitable Trust (2021) Grant distribution. Ballinger Charitable Trust (2020) BS Alive serves as a ‘broker’ for the funds granted to other smaller groups for their projects and holds the funds on their behalf. Acting as the accountable body for the funds given to the Bensham community. Gateshead Council Best of Bensham partnership project. The National Lottery Community Woodworking group - Staff costs for tutor/trainer, venue hire, materials Fund and equipment related to the project. Gateshead Council - Local Best of Bensham partnership project. Community Fund Gateshead Council - Business Business rate rebate from Gateshead Council for supporting charities Grant during COVID 19. National Lottery Community Fund Food distribution and other COVID 19 projects. A4A Your Voice Counts Food distribution and other COVID 19 projects. Greggs Food distribution. Gateshead Council - Housing Food distribution. Association Gateshead Council - Holiday Community projects. Hunger HM Government - COVID 19 Run youth work projects. Groundworks UK Run youth work projects. Sir James Knott Trust Core costs. Food - Co-Op Funding to purchase household items and small equipment for refugees and asylum seekers who move out of home office properties to set up their own homes. Lobley Hill Food Bank Funds to cover the purchase of equipment and Fairshare Licences, plus some running costs. Thrive Fund Salary for part time development worker in Bensham, payments for freelance staff/artists etc and resources directly related to the delivery of this community development project. Rothley Trust Purchase of 3 lap top computers and contribution to Wi-Fi installation in community building - to give access to those who have no personal IT (to claim online benefits, job searches etc) CBF Art Project Staff costs for 2 artists plus materials and resources related to the project delivery. Project catered stories form long term residents and newly arrived residents to support community cohesion.
15
BENSHAM AND SALTWELL ALIVE
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2021
11 Analysis of charitable funds (continued)
Transfers between funds
For the year ended 31 March 2021
| Funds Between restricted funds Between restricted funds and designated |
Reason for transfer Cover deficit on project Redundancy provision |
Amount £ |
|---|---|---|
| 90 10,000 |
For the year ended 31 March 2020
| Funds Between restricted funds and unrestricted |
Core cost contribution Reason for transfer |
Amount £ |
|---|---|---|
| 61 |
12 Guarantee
There have been no guarantees given by the charity at 31 March 2021.
13 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 2021.
14 Governing document
The organisation is a Charitable Incorporated Organisation - Foundation registered on 30 May 2014 as a body corporate under part 11 of the Charities Act 2011.
16