2021-03-31-accounts

Contents			Page
Trustees annual report			1 to	10
Independent examiners	report
Statement of Financial	Activities	(including		12
income and expenditure	account)
Balance sheet				13
Notes to the financial statements			14to	25

Charity	Name	Name	Name	Newcastle	Community	Asset	Trust
Registered			Charity	1159644
Number
Company		Registration		08454215
Number
Operational			Address	Blakelaw Community		Centre
				Binswood	Avenue
				Newcastle	upon Tyne
				NE5 3PN
Trustees				Mick Dunn
				Tracey Welsh
				Stuart Dodzo				Appointed			08/10/2020
				Stephen	Barry			Appointed			12/10/2020
				Jonathan	Sabarre			Resigned		13/10/2020
				Ms Sue Pearson				Resigned		08/12/2020
				Sue Ley				Resigned		04/08/2020
Registered			Office	Blakelaw	Neighbourhood		Centre, Binswood				Avenue,
Address				Newcastle upon Tyne, United				Kingdom	NE5 3PN

					Unrestricted	Restricted	Total	Total
				O	Funds	Funds	2021	2020
								E
Income from:
Donations	and legacies				153,054	52,608	205,662	66,862
Charitable	activities
Grants and contracts					6,216		6,216	19,424
Other trading activities					143,414		143,414	232,516
			Totalincome		302,684	52,608	355,292	318,803
Ex enditure	on:
Raising funds				10	38,382		38,382	79,008
Charitable	activities
Operation	ofthe charity				208,329	52,608	260,937	299,250
		Total	expenditure		246,712	52,608	299„320	378,258
	Net	movement offunds			55,972		55,972	( 59,455 )
Reconciliation offunds
Total funds	brought	forward			( 59,446 )		( 59,446 )	10
	Total funds carried forward				(3,474 )		{3,474)	( 59,446 )

				Group		Charity
				2021	2020	2021	2020
Fixed assets
Tangible assets			18	5,352	1,348		881
Investments			19				1
	Total fixed assets			5,352	1„348		882
Current assets
Stock			20	4,196	3,051	4,196
Debtors			21	3,412	11,910	3,412	9,686
Cash at bank and	in hand		22	72,982	66	72,982	24,434
Total current assets				80,590	15,028	80,590	34,120
Creditors: amounts	falling	due within
one year			23	( 46,383 )	( 75,822 )	( 46,383 )	( 71,060 )
	Net current assets			34,207	( 60,795 )	34,207	( 36,940 )
Total assets less current liabilities				39,558	( 59,446 )	34,207	( 36,056 )
Creditors: amounts	falling	due after
more than one year			24	( 43,031 )		(43,031)
Total net	assets	or liabilities		3,474	59,446	8,826	36,056 )
Funds ofthe chari
Unrestricted income funds				( 3,474 )	( 59,446 )	( 3,474 )	( 36,470 )
Restricted income	funds
		Total funds		(3,474 )	( 59,446 )	( 3,474 )	( 36,470 )

							Total	Total
							2021	2020f
	income						293,931	262,768
	Gift aid from trading	subsidiary
							293,931	262,768
	Expenditure on charitable			activities			260,937	299,250
	Bad debt written off							53,966
	Subsidisation oftrading		subsidiary
	Netincomel(expenditure)						32,996	( 90,446 )
	Total funds brought forward						( 36,470 )	53,976
	Total Funds carried			forward			~3474	~36 470
	Represented by:
	Restricted income funds
	General unrestricted	income funds					(3,474 )	( 36,470 )
							~3474	~36470
Analysis ofincome
						Unrestricted	Restricted	Total	Total
						Funds f	Funds	2021f	2020 f
7	Donations and legacies
	Donations								137
	Access Reach Fund						12,000	12,000
	Barbour Foundation								2,000
	BBCChildren in Need								28,923
	Big Issue						13,584	13,584
	Groundworks								2,410
	HMRC JRS					14,554		14,554
	National Lottey Community			Fund			9,600	9,600
	Newcastle City Council						16,800	16,800	20,600
	Newcastle City Council	- City Life					624	624
	Newcastle City Council	- Combined			Authority	25,463		25,463
	Newcastle City Council	- COVID				113,036		113,036
	SirJames Knott								3,400
	Street Games UK								9,392
						153,054	52,608	205 662	66,862
8	Charitable activities
	Income from charitable	activities
	Other income					6,216		6,216	19,424
						6216		6216	10,424

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
						E
9	Other trading activities
	Trading subsidiary	turnover	61,356		61,356	56,035
	Rental income		82,058		82,058	176,482
			143,414		143414	232,516

Analysis ofexpenditure	on	on	charitable	activities	activities
						Unrestricted	Restricted	Total	Total
						Funds	Funds	2021	2020
						E		f
10 Cost ofraising funds
Trading subsidiary	costs					38,382		38,382	79,008
						38,382		38382	79,008
11 Charitable activities
Direct costs
Project staff costs						54,482	15,516	69,998	117,976
Project resources						8,561	17,495	26„055	22,764
Project expenses						205	19	223	380
Depreciation						269		269	133
~8u ott costs
Staff travel, meetings		and events				1,688	67	1,755	2,879
Office costs						91,315	4,333	95,648	111,000
Supplies and services						11,601	325	11,926	13,606
Legal and professional			fees			23,808	994	24,802	28,734
Consultancy fees						9,067	13,797	22,863
Volunteer expenses						152	20	172	844
Bad debt						6,103		6,103
Governance costs
!ndependent examiner's			fees for	reporting	on	1,080	43	1 123	936
the accounts
						208 329	52 608	260 937	299250

12	Net income/(expenditure)	Net income/(expenditure)	Net income/(expenditure)	for the	year
								2021	2020
	Thisis stated	after	charging:
	Depreciation							917	973
	Independent	examiner's		fees for	reporting	on the accounts		1,080	936
	Other accountancy		services paid		to the examiner			1,168	1,054
								3,165	2,963
13	Analysis ofstaff costs			and the cost of key management			personnel
								2021	2020
	Salaries and wages							98„770	146,016
	Pension costs	(defined contribution			pension	plan)		1,413	3,625
								100182	140,641

				2021	2020
The parts of	the charity	in which the employee's	work	Number	Number
Charitable	activities			2.0	6.0
				2.0	6.0

				Blakelaw
			Charity	Trading	Group
			Equipment	Equipment	Equipment	Total
18	Tangible fixed assets
	Cost
	Balance brought	forward	709	3,789	4,498	4,498
	Transfer from closure of Blakelaw Trading		3,789	( 3,789 )
	Additions		4,920		4,920	4,920
	Disposals
	Balance carried	forward	9,418		9,418	9418
	Depreciation
	Balance brought	forward	241	2,908	3,150	3,150
	Transfer from closure of Blakelaw Trading		2,908	(2,908 )
	Depreciation charge for year		917		917	917
	Disposals
	Balance carried	forward	4,066		4,066	4 066
	Net book value
	Brought forward		468	881	1,348	1 348
	Carried forward		5,352		5,352	5 352

or	the ear ended 31 March	2021
19	Fixed asset investment
	Investment in subsidiary	company

Profit and loss	acc	ount
						2021f	2020f
Turnover						61,356	56,035
Cost ofsales						( 28,105 )	( 38,997 )
Administration	costs					( 10,277 )	(40,011 )
Other operating	income
Taxation
Net profit/(loss)	before extraordinary			activities		22,975	~22,973
Loan unpayable	to Newcastle		Community		Asset Trust		53,966
Net profit/(loss)						22,975	30,993
Profit and loss	account brought		forward			( 22,975 )	( 53,968 )
Profit and loss	account carried		forward				~22 975
Balance sheet
						2021	2020f
Fixed assets							880
Stock							3,052
Debtors							2,225
Cash at bank and		in hand					( 24,368 )
Creditors amounts		falling due within		one year			(4,762 )
Loan to Newcastle		Community	Asset	Trust
							~22,974
Called up share capital							1
Profit and loss	account						( 22,975 )
							~22 974

For	the ear	e	nded 31 March 2021
20	Stock
				2021	2020
				f
	Opening			3,051	24,460
	Added	in	period	1,858	12,226
	Distributed		in period	( 712 )	( 33,635 )
	Closing			4 196	3,051

			Group		Charity
			2021 f	2020 f	2021	2020
Trade debtors			591	11,767	591	9,544
Amounts	due from subsidiary	undertaking
Other debtors and prepayments			2,821	143	2,821	143
			3,412	11,910	3,412	9,686

Cash	at	bank and in hand
			Group			Charity
			2021	2020		2021	2020
			f				f
Cash	at	bank	72,977		47	72,977	24,415
Cash	in	hand	5		19	5	19
			72,982		66	72,982	24,434

reditors	and a	ccruals (pay	able within 1 year	)
				Group		Charity
				2021f	2020f	2021	2020
Trade creditors				21,179	58,423	21,179	57,485
Taxation	and social security			4,251	12,403	4,251	11,118
Accruals
Independent		examination	ofaccounts	1,975	2,100	1,975	1,716
Other	accruals			5„009		5,009
VAT liability					1,564
Other creditors				4,969	1,333	4,969	742
Deferred	income			9,000		9,000
				46,383	75,822	46,383	71,060

reditors	and	accruals (payable aft	er 1 year)
			Group		Charity
			2021	2020	2021	2020
				E
Bounce	back	loan	43,031		43,031

Analysis For the	of year	movem ending	ents 31	in unrestrict March 2021	ed funds
					Fund				Fund
					balances				balances
					brought	Incoming	Resources		carried
					forward	resources	expended	Transfers	for weld
Unrestricted		funds
General	unrestricted		fund	( 59,446 ) Totals ~59,446		302,684 302,684	( 246,712 ) 246,712		(3,474 )
Forthe	year	ending	31	March 2020
					balances				balances
					brought	Incoming	Resources		carried
					forward	resources	expended	Transfers	forward
Unrestricted		funds			F
General	unrestricted		fund	Tofals	10 10	258,588 258,588	( 318,043 ) ~318,0431		( 59,446 ) ~59446

			Fund				Fund
			balances				balances
			brought	Incoming	Resources		carried
Restricted	funds		forward f	resources	expended	Transfers	forward
Access Reach Fund				12,000	( 12,000 )
Big Issue				13,584	( 13,584 )
National Lottey Community		Fund		9,600	( 9,600 )
Newcastle	City Council - Soft Play			16,800	( 16,800 )
Newcastle	City Council - City Life			624	(624 )
		Totals		52,608	~52,608
For the year ending 31 March 2020
			Fund				Fund
			balances				balances
			brought	Incoming	Resources		carried
			forward	resources	expended	Transfers	forward
Restricted	funds						E
BBCChildren in Need				28,923	( 28,923 )
Newcastle	City Council - Soft Play			16,800	( 16,800 )
Newcastle	City Council - Boiler			1,700	(1,700 )
SirJames	Knott			3,400	( 3,400 )
Street Games UK				9,392	( 9,392 )
		Totals		60,215	~60,215i

nalysis of net assets between funds
	Unrestricted	Restricted	Total
	Funds	Funds	2021
	E	E
Tangible fixed assets	5,352		5,352
Cash at bank and in hand	72,982		72,982
Other net current assets/(liabilities)	( 38,774 )		( 38,774 )
Non-current liabilties	(43,031 ) 3,475		( 43,031 ) ~3475

	Unrestricted	Restricted	Total
	Funds	Funds	2020
Tangible fixed assets	1,348		1,348
Cash at bank and in hand	66		66
Other net current assets/(liabilities)	( 60,861 ) ~59,446		{60,861 ) ~59446