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← Bensham & Saltwell Alive

2024-03-31-accounts

BENSHAM AND SALTWELL ALIVE

REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2024

Charity Number 1157255

BENSHAM AND SALTWELL ALIVE

ANNUAL REPORT AND FINANCIAL STATEMENTS

For the year ended 31 March 2024

Contents Page
Trustees annual report 1 to 3
Independent examiners report 4
Receipts and payments account 5
Statement of assets and liabilities 6
Notes to the financial statements 7 to 14

BENSHAM AND SALTWELL ALIVE

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

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

2. Achievements and Performance

The charity regularly reviews its objectives and performance. During the year to March 24, issues with the lease at 108 Rawling Road resulted in some funding opportunities having been declined or voluntarily returned to the funder. The charity continues to be financially stable, due to spending reducing in 23/24 and this has continued into 24/25.

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.

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

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----- Start of picture text -----
Charity Name Bensham and Saltwell Alive
Registered Charity 1157255
Number
Operational address 108 Rawling Road
Gateshead
NE8 4QR
Trustees Robert Waugh Chair
Eileen McMaster Vice Chair
Callum McPake Treasurer
Catherine Donovan
Hugo Fearnley
Philip Donovan Appointed September 2023
Independent Connected Voice Business Services Limited
Examiner One Strawberry Lane
Newcastle upon Tyne
NE1 4BX
Bankers Lloyds Bank
25 Gresham Street
London
----- End of picture text -----

1

BENSHAM AND SALTWELL ALIVE

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

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.

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 receipts for the year were £81,303 (2023: £79,777) of which £77,503 is restricted (2023: £52,000) and payments £78,042 (2023: £104,261) of which £74,494 is restricted (2023: £56,492).

The Statement of Receipts and Payments for the year ended 31 March 2024, shows a surplus of £3,261 (2023: deficit of £24,484) of which a surplus of £3,009 is restricted (2023: deficit of £8,204)

The Statement of Assets and Liabilities at 31 March 2024 shows total cash fund carried forward of £19,297 (2023: £16,036) of which £16,878 is restricted (2023: £13,869)

2

BENSHAM AND SALTWELL ALIVE

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2024

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:

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 23.01.2025 and signed on their behalf by:

Callum McPake - Trustee and Treasurer.

3

BENSHAM AND SALTWELL ALIVE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2024

I report on the financial statements of Bensham and Saltwell Alive for the year ended 31 March 2024, which are set out on pages 5 to 14.

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:

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.

Doug Maltman FMAAT Fellow member of the Association of Accountancy Technicians Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE1 4 BX

Date: 23.01.2025

4

BENSHAM AND SALTWELL ALIVE

RECEIPTS AND PAYMENTS ACCOUNT

For the year ended 31 March 2024

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----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Receipts
Donations and grants 3 3,800 77,503 81,303 79,777
Total income 3,800 77,503 81,303 79,777
Payments
Charitable activities
Operation of the charity 4 3,548 74,494 78,042 104,261
Total expenditure 3,548 74,494 78,042 104,261
Net income/(expenditure) 252 3,009 3,261 ( 24,484 )
Reconciliation of funds
Total funds brought forward 2,167 13,869 16,036 40,520
Total funds carried forward 2,419 16,878 19,297 16,036
Notes
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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 7 to 14 form an integral part of these accounts.

5

Charity Number 1157255

BENSHAM AND SALTWELL ALIVE

STATEMENT OF ASSETS AND LIABILITIES

As at 31 March 2024

Cash funds
Cash at bank
Cash in hand
Total cash funds
Assets
Gateshead Council - Corpus Christie
Total assets
Fixed assets
Cinema equipment
Total assets
Liabilities
Accountancy and independent examination
Grants to be refunded
Total liabilities
Notes		 Unrestricted
Funds
£
2,404
15
2,419
-
-
533
533		 Restricted
Funds
£
16,878
-
16,878
10,700
10,700
-
-		 Total
2024
£
19,282
15
19,297
10,700
10,700
533
533
732
10,705
10,705		 Total
2023
£
15,962
74
16,036
-
-
533
533
708
-
708

The notes on pages 7 to 14 form an integral part of these accounts.

These financial statements were approved by the Board on:

23.01.2025

and are signed on its behalf by:

Callum McPake Trustee

6

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 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.

Bensham and Saltwell Alive 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 £2,419 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 to 18 months is secure and that on this basis the charity is a going

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income 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 income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income 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 income will be received and the amount can be measured reliably and

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.

7

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 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

4 Expenditure 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

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 expenditure was incurred.

4.5 Liability

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

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

8

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 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 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. The Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

9

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Analysis of receipts

3
Donations and grants
Gateshead Council - Resilience and Growth
Access Reach Fund
Gateshead Council - 108 Rawlings Road
Gateshead Council - Corpus Christie Food CO-OP
Connected Voice - Cost of Living
Other receipts
Other income
Unison
Tesco Community Fund
Recovery College
Arnold Clarke Automotive
Awards for All
Lobley Hill Primary School
NTCA
HSF
Personal Hygiene Match Funding
Grants
Gateshead Council - Local Community Fund
Gateshead Council
Northumbria Police and Crime Commissioner
Gateshead Council - Public Health
Gateshead Council - COVID 19
Gateshead Council - Bensham Court Food CO-OP		 Unrestricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
1,200
1,600
500
500
-
-
-
-
-
3,800		 Restricted
Funds
£
-
-
10,500
10,000
-
-
2,000
-
-
-
-
9,705
-
-
-
-
6,000
14,901
23,397
1,000
-
77,503		 Total
2024
£
-
-
10,500
10,000
-
-
2,000
-
-
-
-
9,705
1,200
1,600
500
500
6,000
14,901
23,397
1,000
-
81,303		 Total
2023
£
14,000
12,000
15,500
15,500
8,125
3,000
5,000
4,000
200
247
2,000
-
-
-
-
-
-
-
-
-
205
79,777

Income was £81,303 (2023: £79,777) of which £3,800 was unrestricted or designated (2023: £27,777) and £77,503 was restricted (2023: £52,000)

10

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Analysis of payments on charitable activities

4 Charitable payments
Direct costs
Support costs
Governance costs
Sundry Project costs
Premises
Support costs - IT software
Grant refunds:
HSF
Independent examiner's fees for reporting on the
accounts
Northumbria PCC
Premises - Building maintenance
Direct Project costs
Premises - Electricity
Premises - Gas
Premises - Waste Collections
Support costs
Legal fees		 Unrestricted
Funds
£
1,218
402
470
-
-
-
-
785
173
-
-
-
500
3,548		 Restricted
Funds
£
35,751
186
12,910
3,576
2,441
5,748
264
7,400
-
2,000
3,510
708
-
74,494		 Total
2024
£
36,969
588
13,380
3,576
2,441
5,748
264
8,185
173
2,000
3,510
708
500
78,042		 Total
2023
£
80,063
65
9,000
3,603
2,808
7,129
308
389
236
-
-
660
-
104,261

Expenditure on charitable activities was £78,042 (2023: £104,261) of which £3,548 was unrestricted or designated (2023: £47,769) and £74,494 was restricted (2023: £56,492)

5 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts 2024
£
708
708		 2023
£
660
660

There were no other fees paid to the examiner (2023: £nil).

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 (2023: 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, (2022: £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.

11

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

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 £nil (2023: £10,500) 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
B M Keating
Rachel Hamer
I&S Nelson
Bensham Garden
Brighton Avenue Project
Brighton Garden Project		 2024
Total
£
-
-
-
-
-
-
-		 2023
Total
£
500
650
200
100
500
400
2,350

11 Analysis of charitable funds

Analysis of movements in unrestricted funds

For the year ended 31 March 2024

Unrestricted funds
General unrestricted fund
Designated funds
Redundancy
Totals		 Fund
balances
brought
forward
£
167
2,000
2,167		 Incoming
resources
£
3,800
-
3,800		 Resources
expended
£
( 3,548 )
-
( 3,548 )		 Transfers
£
-
-
-		 Fund
balances
carried
forward
£
419
2,000
2,419

12

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' of the charity Designated funds: Redundancy Funds to cover potential loss of income.

Analysis of charitable funds

Analysis of movement in restricted funds

For the year ended 31 March 2024

Restricted funds
Totals
Access Reach Fund
Gateshead Council - Resilience and
Growth
Northumbria Police and Crime
Commissioner
Meals at Home Project
Gateshead Council - Corpus Christie
Food CO-OP
Tesco Community Fund
Awards for All
Gateshead Council - Bensham Court
Food CO-OP
108 Rawlings Road		 Fund
balances
brought
forward
£
2,688
5,665
-
5,516
-
-
-
-
-
13,869		 Incoming
resources
£
-
23,397
10,500
10,000
2,000
6,000
14,901
1,000
9,705
77,503		 Resources
expended
£
( 2,688 )
( 20,712 )
( 10,500 )
( 21,303 )
( 2,000 )
( 4,331 )
( 12,960 )
-
-
( 74,494 )		 Transfers
£
-
-
-
-
-
-
-
-
-
-		 Fund
balances
carried
forward
£
-
8,350
-
( 5,787 )
-
1,669
1,941
1,000
9,705
16,878

Purpose of restricted funds

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

Meals at Home Project Gateshead Council - Bensham Court Food CO-OP 108 Rawlings Road Gateshead Council - Corpus Christie Food CO-OP Northumbria Police and Crime Commissioner Gateshead Council - Resilience and Growth Access Reach Fund Tesco Community Fund Awards for All

Support for meals at home. Bensham Court Foop Coop.

Renovation of kitchen at 108 Rawlings Road. Corpus Chrisiti Food Coop.

Youth Work Sessions - RETURNED TO FUNDER.

Funding to support community consultations.

Held for Gateshead Active - Re-opening of Gateshead Leisure Centre. Youth Work Sessions. Health Project including mental health staffing.

Gateshead Council - Corpus Christie received £10,700 further funding in April 2024.

13

BENSHAM AND SALTWELL ALIVE

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2024

12 Guarantee

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

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 2024.

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 2022.

14