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|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|
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|||||||||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 )|
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|||||||||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 )|
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|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|
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|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||
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|||||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|
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||||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||
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|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|||||||
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|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|
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|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|
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||||||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 )|||
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|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|