OpenCharities

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2023-03-31-accounts

Basis ofaccounts
The financial statements
have
been prepared in accordance
with
Accounting and Reporting by Charltiesi
Statement ofRecommended Practice applicable to charities preparing their accounts in accordance
with the Financial
Reporting
Standard
applicabls in the UK and Republic of Ireland (FRS102)
(effective
1 January 2015) —Charities
SORP (FRS102), the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS102) and the Companies Act 2006
Kayaks meet the definition of a public benefit entity under FRS102.Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwlss stated in the
relevant
accounting
policy note(s).
Fixed Assets
Fixed Assets are depreciated over e useful lifeline at the following rates:
Motor Vehicles 20% reducing balance
1.2 Change to Opening
Balance
Nots that there was a change to the Opening Balance.
The Overall Balance remains the same, however the Restricted Fund Msrcers Kope 56,750
had been spent the previous year, the overall effect being:
Restricted Funds Balance March 2022 =50. (Reduced by 56,750).
Unrestricted
Funds Balance
March 2022 = 551,351 (Increase of f6,750).
Trustees snd Staf
No Trustees were remunerated or received expenses payments.
Costs offinancial services
The cost for the Independent Examination for the financial
period
will bef350.
4. Grants &Donations
Unrestricted
Grants &Donations:
Durham
Freemasons
1000
Angling Trust - NERF Parly 2500
Miscellaneous
donations
4290
Avencia 311
Gulliver 1500
Whitburn
Church of England
Academy 1009
10810
Restricted Grants:
Groundwork 12500
Screwfix 1231
Community
Foundation
13750
Hedley Foundation 3000
Henry Smith Charity 2500
Bauer Radio 3000
Happy Days Children
Charity
- YHA Trip 2000
South Tynesids
Council -YHA
Trip 8310
South Tyneside
Council
1000
The Toy Trust 4025
National
Lottery
10822
62138
Total Grants 72748

Unrestricted Restricted Total Total
Funds Funds Funds Funds
Receipts 2023 2023 2023f 2022
f
Grants &Donations 4 10610 62138 72748 58661
Sponsored
Events
4370 4370 4436
Raffles, Blind Cards and Tuck 827 827 699
Charity Nights 1399 1399 1146
Members
Contribution
(Staff Uniforms) 0 0
Other Fundraising
Activities
650 650 688
Total Receipts 17858 62138 79994 65630
Payments
Trips, Residential
Weekends
&Activities 17879 17879 35153
Office Costs 6079 6079 4278
Sports Activities 588 588 3268
Transport
and Travelling
Costs 301 301 1217
Advertising
&Website
31 31 0
Counselling
Sessions
6635 6635 8660
Play Equipment,
Arts and
Crafts &Storage 4999 4999 5811
Repair &Maintenance of Equipment 40 40 733
Mini Bus Running
Costs
450 450 314
Office hire 5657 5657 4999
Raffles, Blind Cards and Tuck Expenses 1126 1126 528
Printing,
Postage and Stationery
18 18 32
Party Expenses 0 1000
Training Course 713 713 1701
Staff Uniforms 0 134
Great North Run Places 830 830 1245
Relocation Expenses 5000 5000 0
Insurance 290 1477 1767 1927
Accountancy 330 330 320
Miscellaneous
Expenses
135 135 270
Depreciation 2296 2296 2870
Total Payments 5546 49328 54874 74460
Nett Transfer between Funds
Surplus/Deficit
for the
year 12310 12810 25120 -8830
Funds at 28 March 2022 51351 51351 60181
Funds at 27 March 2023 63661 12810 76471 51351

Chair: Alison Bland
Vice Chair 8 Secretar: Fay Cunningham
Treasurer: Jill Osborne
Sports Coordinator: Richard Johns
KOPE Lead Malcolm Osborne
Address: 8 Horsley
Hill Square
South Shields
Tyne &Wear
NE34 7HE
Bankers: TSBBank
Independent
Examiner: Mark Thompson MAAT
VODA
Spirit of North Tyneside Wing
2nd Floor, Wallsend Customer First Centre
16The Forum
Wallsend
NE28 SJR

Balance Sheet as a t 27 March 2023
2023 2022
6 6
Fixed Assets 9184 11480
Current Assets:
Cash at Bank & In Hand 67287 39871
Total Cash Balances 67287 39871
Net Assets at 27 March 2023 76471 51351
Represented
by:
Restricted
Funds
(Current Assets) 12810 0
Total Restricted Fund 12810 0
Unrestricted
Funds (Fixed Assets)
9184 11480
Unrestricted
Funds (Current Assets)
54477 39871
Total Unrestricted Funds 63661 51351
76471 51351