2022-03-31-accounts

Contents
			Page
Corporate Information:	Board Members,	Company Secretary
and Advisors
Directors' Report
Independent Examiner's	Report
Financial Statements
Notes to the Financial Statements			16-28

								Restated
					Unrestricted	Restricted	Total	Total
				0Z	Funds	Funds	2022	2021
Income from:
Donations	and legacies				80,426	18,394	98,820	205,662
Charitable	activities
Grants and contracts				9	5,037		5,037	6,216
Blakelaw trading				0
Other trading activities				11	164,697		164,697	143,414
			Total income		250,160	18,394	268,554	355,292
Ex enditure	on:
Blakelaw trading				12				38,382
Charitable	activities
Operation ofthe charity				13	278,504	2,158	280,662	236,853
		Total	expenditure		278,504	2,158	280,662	275,235
	Net incomel(expenditure)				( 28,344 )	16,236	( 12,108 )	80,057
Transfers	between	funds			4,794	(4,794 )
	Net	movement offunds			( 23,550 )	11,442	( 12,108 )	80,057
Reconciliation offunds
Total funds	brought	forward			( 125,498 )		( 125,498 )	( 205,554 )
	Total funds carried forward				( 149,048 )	11,442	( 137,606 )	( 125,498 )

								Restated )
						Total.		Total
						2022		2021
						F
Fixed assets
Tangible	assets			20		21,389		5,352
Investments				21
		Total fixed assets				21,389		5,352
Current assets
Stock				22	3,697		4,197
Debtors				23	24,518		3,412
Cash at	bank and	in hand		24	8,968		72,982
	Total current assets				37,183		80,591
Creditors: amounts		falling	due within
one year				25	( 99,408 )		( 78,498 )
		Net current assets				( 62,225 )		2,093
Total assets less current liabilities						( 40,836 )		7„445
Creditors: amounts		falling	due after
more than	one year					( 96,770 )		( 132,943 )
	Total net	assets orliabilities				( 137,606		( 125,498 )
Funds of	the charit
Unrestricted income funds						( 149,048 )		( 125,498 )
Restricted income		funds				11,442
			Total funds			( 137,606 )		( 125,498 )

Prior year adj	Prior year adj	ustments
Reconciliation		ofchange	in	equity
						At 1 Apr	At 31 Mar
						2020	2021
						E
Unrestricted	funds (previously			stated)		( 59,446 )	( 3,474 )
Other creditors						( 146,108 )	( 122,024 )
Unrestricted	funds (as stated)					205,554	125,498
Reconciliation		offinancial	activities
							Year ended
							31 Dec
							2020
Net movement		offunds (previously			stated)		55,973
Repayment	plan						24,084
Net movement		offunds (as	stated)				80,057

				Total	Total
				2022	2021f
Income				268,554	262,768
Gift aid from trading subsidiary
				268,554	262,768
Expenditure on charitable			activities	280,662	299,250
Bad debt written	off				53,966
Subsidisation of	trading	subsidiary
Net incomel(expenditure)				( 12,108 )	( 90,446 )
Total funds brought	forward			( 36,470 )	53,976
Total Funds	carried		forward	~48 578	~36,470
Represented by:
Restricted income funds
General unrestricted income funds				( 48,578 )	( 36,470 )
				~48 578	~36,470

Analysis ofincome	Analysis ofincome
					Unrestricted	Restricted		Total	Total
					Funds	Funds		2022	2021
					F		F		F
8	Donations and legacies
	Donations				1,573			1,573
	Access Reach Fund								12,000
	Big Lottery						2,000	2,000
	Big Lottery Community	Development					9,500	9,500
	Big Issue								13,584
	B8Q Foundation						4,794	4,?94
	HMRC JRS				11,373			11,373	14,554
	National Lottery Community		Fund						9,600
	Newcastle City Council				5,581			5,581	16,800
	Newcastle City Council	- City	Life						624
	Newcastle City Council	- Combined		Authority					25,463
	Newcastle City Council	—COVID			57,899			57,899	113,036
	Your Homes Newcastle						2,100	2,100
	Connected Voice - COVID				4,000			4,000
					80,426		18,394	98820	205,662
9	Charitable activities
	Employers Allowance				4,000			4,000	4,000
	Other income				1,037			1,037	2,216
					5,037			8037	6,216
10	Blake law trading
	Trading subsidiary turnover								61,356
									61,356
	During a meeting in January		2021, the management		made the decision to dissolve			down the trading	arm (Blake
	law Trading). As a result	all income		from the trading	subsidiary is	detailed	below.
11	Other trading activities
	Trading subsidiary turnover								61,356
	Post Office Remuneration				12,888			12,888
	Retail sales				2,840			2,840
	Refunds on utilities
	Rental income				148,969			148,969	82,058
					164,697			164697	143,414

Analysis ofexpenditure	Analysis ofexpenditure	on charitable	activities
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
				E	F	f	F
12 Blake law	trading
Trading	subsidiary	costs					38,382
							38,382

13	Charitable activities
	Direct costs
	Project staff costs						98,175		1,908	100,083	69,998
	Project resources										26,055	'
	Project expenses						2,631		35	2,666	223
	Depreciation						1,139			1,139	269
	Su ort costs
	Staff travel, meetings		and events				2,360			2,360	1,755
	Office costs						122,540		140	122,680	71,624
	Supplies and services						24,646			24,646	11,866
	Legal and professional		fees				25,613			25,688	24,802
	Consultancy fees										22,863
	Volunteer expenses							80		80	172
	Bad debt										6,103
	Governance costs
	Independent examiner's			fees for	reporting	on	1,320			1,320	1,123
	the accounts
							278,	504	2 158	280 662	236,853
	Expenditure on charitable			activities was f280,662 (2021:				6275,236) of	which	f278,504 was	unrestricted or
	designated (2021:8222,628) and E2,158was restricted (2021:852,608)
14	Net income/(expenditure)			for the	year
										2022	2021
	This isstated after charging:
	Depreciation									1,139	917
	Independent examiner's			fees for	reporting	on the accounts				1,320	1,080
	Other accountancy	services paid			to the examiner					683	1,168
										3,142	3,165

				2022	2021
The parts of	the charity	in which the employee's	work	Number	Number
Charitable	activities			2.0	2.0
				2.0	2.0

			Office	Plant and
			Equipment	Machinery	Total
20	Tangible fixed assets
	Cost
	Balance brought	forward	4,498	4,920	9,418
	Additions		268	16,908	17,176
	Disposals
	Balance carried	forward	4,766	21,828	26,594
	Depreciation
	Balance brought	forward	3,939	127	4,066
	Depreciation charge for year		432	707	1,139	'
	Disposals
	Balance carried	forward	4,371	834	5205
	Net book value
	Brought forward		559	4,793	5,352
	Carried forward		395	20,994	21,389

Profit and loss	acc	ount
						2022	2021
Turnover							61,356
Cost ofsales							(28,105 )
Administration	costs						( 10,277 )
Other operating	income
Taxation
Net profit/(loss)	before extraordinary			activities			22,974
Loan unpayable	to	Newcastle	Community		Asset Trust
Net profit/(loss)							22,974
Profit and loss	account brought		forward				( 22,974 )
Profit and loss	account carried		forward
Balance sheet
						2022	2021
Fixed assets
Stock
Debtors
Cash at bank and		in hand
Creditors amounts		falling due within		one year
Loan to Newcastle		Community	Asset	Trust
Called up share	capital
Profit and loss	account

Stock
			2022	2021
				E
Opening			4,197	3,051
Added	in	period	1,866	1,858
Distributed		in period	(2,366 )	(712)
Closing			3,697	4,197

ebtors	and pr	epay	ments (receivable within 1 ye	ar)
				2022	2021
					F
Trade	debtors			24,260	591
Other	debtors	and	prepayments	262	2,821
				24,522	3,412

Cash	at	bank and in hand
			2022	2021
Cash	at	bank	8,968	72,977
Cash	in	hand		5
			8,968	72,982

reditors and a	ccruals (pay	able within 1 year)
			2022	2021
Trade creditors			38,576	21,178
Taxation and social security			3,499	4,252
Accruals
Independent	examination	ofaccounts	1,320	1,975
Other accruals			18,932	5,012
Other creditors			37,081	37,081
Deferred income				9,000
			99,408	78,498

reditors a	nd accruals (payable	after 1 year)
			2022	2021
Newcastle	City Council Payment	Plan	57,800	89,912
Bounce back loan			38,970	43,031
			96,770	132,943

Analysis Forthe	of year	moveme ending	nts 31	in unrestrict March 2021	ed funds
					Fund				Fund
					balances				balances
					brought	Incoming	Resources		carried
					forward	resources	expended	Transfers	forward
Unrestricted		funds				E
General	unrestricted		fund		( 125,498 )	250,160	( 278,504 )	4,794	( 149,048 )
				Totals	( 125,498 )	250,160	( 278,504 )	4,794	149,048
Forthe	year	ending	31	March 2020
					balances				balances
					brought	Incoming	Resources		carried
					forward	resources	expended	Transfers	forward
Unrestricted		funds
General	unrestricted		fund		( 205,554 )	302,684	( 222,627 )		( 125,498 )
				Totals	( 205,554 )	302,684	( 222,627 )		~125,495

For the year ending 31	March 202	2
		Fund				Fund
		balances				balances
		brought	Incoming	Resources		carried
		forward	resources	expended	Transfers	forward
Restricted funds				E	E	F
Big Lottery			2,000	(2,000 )
Big Lottery Community			9,500	( 158 )		9,342
Development
B&Q Foundation			4,794		( 4,794 )
Your Homes Newcastle	Totals		2,100 18,394	~2,188 )	~4,794	2,100 11,442

					Fund				Fund
					balances				balances
					brought	Incoming	Resources		carried
					forward	resources	expended	Transfers	forward
Restricted		funds					F
Access Reach Fund						12,000	( 12,000 )
Big Issue						13,584	( 13,584 )
National	Lottery 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 )

nalysis of ne	t as	sets between funds
			Unrestricted	Restricted	Total
			Funds	Funds	2022
				E
Tangible fixed assets			21,389		21,389
Cash at bank	and	in hand	(2,474 )	11,442	8,968
Other net current		assets/(liabilities)	( 71,197 )		( 71,197 )
Non-current	liabilities		( 96,770 )		( 96,770 )
			149,052	11,442	137,610

			Unrestricted	Restricted	Total
			Funds E	Funds	2021f
Tangible fixed assets			5,352		5,352
Cash at bank	and	in hand	72,982		72,982
Other net current		assets/(liabilities)	( 70,889 )		( 70,889 )
Non-current	liabilities		( 132,943 )		( 132,943 )
			125,498		~125498