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||||||||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|
##
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##
||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. ..||
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