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2021-04-05-accounts

							2021	2020
					Unrestricted	Endowment	Total	Total
					fund	fund	funds	funds
				Notes		f	8	8
INCOME AND ENDOWMENTS			FROM
Donations and legacies								5,000
Investment income				4	108,726		108,726	158,989
Total					108,726		108,726	163,989
EXPENDITURE ON
Raising funds				5	44,165		44,165	40,895
Charitable activities
Charitable activities					193,940		193,940	126,654
Total					238,105		238,105	167,549
Net gains/(losses)	on investments					1,735,688	1,735,688	(657,998)
NET INCOME/(EXPENDITURE)					(129,379)	1,735,688	1,606,309	(661,558)
Transfers between		funds		15	129,379	(129,379)
Net movement in	funds					1,606,309	1,606,309	(661,558)
RECONCILIATION		OF FUNDS
Total funds brought		forward				5,802,903	5,802,903	6,464,461
TOTAL FUNDS CARRIED FORWARD						7,409,212	7,409,212	5,802,903

BALANCE SHEE 5APRIL 2021	T
			2021	2020
		Notes
FIXEDASSETS
Investments		10	7,666,219	6,097,362
CURRENT ASSETS
Debtors			3,899	19,248
Cash at bank and	in hand		464	5,702
			4,363	24,950
CREDITORS
Amounts falling due within one year		12	(177,370)	(235,409)
NET CURRENT ASSETS			(173,007)	(210,459)
TOTAL ASSETS	LESSCURRENT
LIABILITIES			7,493,212	5,886,903
CREDITORS
Amounts falling due after more than one year		13	(84,000)	(84,000)
NET ASSETS			7,409,212	5,802,903
FUNDS		15
Endowment funds			7,409,212	5,802,903
TOTAL FUNDS			7,409,212	5,802,903

	DONATIONS	DONATIONS	AND LEGACIES	AND LEGACIES	AND LEGACIES
						2021	2020
						6	8
	Grants						5,000
	Grants received,			included	in the above, are as follows:
						2021	2020
						6
	Newcastle	University					5,000
4.	INVESTMENT		INCOME
						2021	2020
						F	f
	Dividends	and	distributions			108,726	158,029
	Deposit account			interest			960
						108,726	158,989

FOR 5.	THE YEAR ENDED 5APR RAISING FUNDS	THE YEAR ENDED 5APR RAISING FUNDS	IL 2021
	Investment management		costs
						2021	2020
	Portfolio management					44,165	40,895
6.	GRANTS PAYABLE
						2021 f	2020 6
	Charitable activities					166,000	92,200
	The total grants paid	to institutions		during	the year was as follows:
						2021	2020
						f
	Newcastle University	(for	NECPC)				126,000
	P Edwards - Induction	support at NECPC					1,200
	Durham University (for NECPC) IPPR North						(40,000) 5,000
	Regional Refugee Forum		North East			126,000
	Citizen's Advice Newcastle					40,000
						166,000	92,200

				Governance
			Management 6	costs f	Totals
Charitable activities			24,940	3,000	27,940
Support costs, included		in the above, are as follows:
				2021	2020
				Charitable	Total
				activities f	activities f
Administration	costs			23,124	23,124
Subscnptions				802	797
Trustees meetings &expenses				75	931
Website maintenance		&sundries		883	2,784
Photocopying	&postage			56	113
Consultancy &governance Auditors' remuneration				3,000	1,425 5,280
				27,940	34,454

Additional information as follows:
	Listed
	investments
	6
MARKET VALUE
At 6 April 2020	5,658,915
Additions	1,661,126
Disposals	(1,574,191)
Revaluations	1,735,688
At 5 April 2021	7,481,538
NET BOOK VALUE
At 5 April 2021	7,481,538
At 5 April 2020	5,658,915

								2021	2020
	Cash held	with investments						438,447	315,232
	Movement	in cash held by investment				managers		(253,766)	123,215
								184,681	438,447
11.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
								2021	2020
									6
	Other debtors								11,329
	Prepayments		and accrued		income			3,899	7,919
								3,899	19,248
12.	CREDITORS:		AMOUNTS		FALLING	DUE	WITHIN ONE YEAR
								2021	2020
									f
	Trade creditors							1,962	1,980
	Other creditors							175,408	233,429
								177,370	235,409
	Included in	other creditors			are the following		grant commitments:
								2021 f	2020 f
	Newcastle	University						42,000	42,000
	Regional Refugee Forum				North East			42,000	42,000
	VONNE							42,000	42,000
	IPPR North							35,000	93,000
	Total							161,000	219,000

									2021	2020
									6	8
	Other creditors								84,000	84,000
	Other creditors		due in more than		one year consists	ofthe following		grant	commitments:
									2021	2020
									6	5
	Regional Refugee Forum			North	East				84,000
	Newcastle University									42,000
	VONNE									42,000
	Total								84,000	84,000
14.	ANALYSIS OF		NET ASSETS BETWEEN FUNDS
									2021	2020
					Unrestricted		Endowment		Total	Total
						fund		fund	funds	funds
						F		5		5
	Investments						7,666,219		7,666,219	6,097,362
	Current assets							4,363	4,363	24,950
	Current liabilities						(177,370)		(177,370)	(235,409)
	Long term liabilities						(84,000)		(84,000)	(84,000)
							7,409,212		7,409,212	5,802,903
15.	MOVEMENT	IN FUNDS
								Net	Transfers
							movement		between	At
					At	6.4.20 f	in	funds	funds 6	5.4.21 8
	Unrestricted	funds
	General fund						(129,379)		129,379
	Endowment	funds
	Endowment	funds			5,802,903		1,735,688		(129,379)	7,409,212
	TOTAL FUNDS				5,802,903		1,606,309			7,409,212
	Net movement		in funds,	included	in the above are	as follows:
					Incoming		Resources		Gains and	Movement
					resources		expended		losses	in funds
						5		5	5
	Unrestricted	funds
	General fund				108,726		(238,105)			(129,379)
	Endowment	funds
	Endowment	funds							1,735,688	1,735,688
	TOTAL FUNDS				108,726		(238,105)		1,735,688	1,606,309

	Comparatives for	movement	movement	movement	movement	in funds	in funds	in funds
													Net	Transfers
												movement		between		At
											At 6.4.19 f	in	funds 6	funds f		5.4.20 6
	Unrestricted funds
	General fund											(3,560)		3,560
	Endowment funds
	Endowment funds									6,464,461		(657,998)		(3,560)	5,802,903
	TOTAL FUNDS									6,464,461		(661,558)			5,802,903
	Comparative net movement				in funds,			included		in the above are as			follows:
										Incoming		Resources		Gains and	Movement
										resources f		expended f		losses F	in funds
	Unrestricted funds
	General fund									163,989		(167,549)				(3,560)
	Endowment funds
	Endowment funds													(657,998)	(657,998)
	TOTAL FUNDS									163,989		(167,549)		(657,998)	(661,558)
16.	RELATED PARTY	DISCLOSURES
	There were no related		party		transactions				for the		year ended 5	April	2021.
17.	GRANT COMMITMENTS			PAID
	The following grant	commitment					has	been agreed and paid during					the year.
	Citizens Advice Newcastle															40,000
	Payments have also been				made		to	the following			organisations	in	respect of	grant commitments		agreed
	in previous periods:
	Newcastle University		(for		North East Child					Poverty Commission)						42,000
	The second instalment		ofa		grant		commitment			made in the previous			year of
	6126,000.
	Regional Refugee	Forum			North		East									42,000
	The final instalment	ofa grant commitment							made		in 2017-18of6126,000.
	Voluntary Organlsations			Network				North East			(VONNE)					42,000
	The second instalment		ofa		grant		commitment			made in 2018 -		2019of6126,000
	IPPR North															42,000
	The final instalment	ofa grant commitment							made		in 2017-2018of6126,000
									Page		18				continued. ..