TEESMOUTH FIELD CENTRE REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31UT MARCH 2024 REGISTERED CHARITY: 1161087
TEESMOUTH FIELD CENTRE Conlents Page Report of the Trustees Report ofthe Independent Ex8miner Statement of financial activitles Balance Sheet Notes forming part of the financlal statements 10-13
TEESMOUTH FIELD CENTRE REPORT OFTHE BOARD OFTRUSTEES YEAR ENDED 31ST MARCH 2024 The Trustees ofTeesmouth Field Centre present its annual report and the accounts forthe yearto 318t March 2024. REFERENCE AND ADMINISTRATIVE INFORMAnoN Charity Name: Teesmouth Fleld Centre Charity registratlon number: 1161087 Prlncipal Offlce: Hartlepool Power Statlon Visitor Centre Te88 Road Hartlepool TS25 2BZ Board of Trustees: David George Lister Pauline Ann Oxley Al8n Dlxon Julie Clare Mason Jennifer Clare Watt18ppolnted May 20231 Independent Examlner: Gresham & Gale 14 Fountain Street Guisborough TS146PP Bankers Barcl8ys Bank plc 19-23Wellington Square Stockton-on-Tees TS18 1NA
TEESMOUTH FIELD CENTRE REPORTOFTHE BOARD OF TRUSTEES YEAR ENDED 31" MARCH 2024 Structure, Governance and Management Tee8mouth Field Centre is a Charitable Incorporated Organisation governed by its constitution. The trustees are appolnt8d to seNe for three years. Initlally trustees were appointed for a different period oftlme so all do not retlre atthe same tlme. The board of trustee8 may co-opt new trustees whose appointment must be ratified by exlsting trustees. New trustees are brlefed on th8lr legal obligatlons under charity law. They are provided with a copy of the constitution and the most recent accounts, as well 88 UP to date management information. Al The trustees monltor progress against budget and objectlves and review their strategic objectives at thelr r8gular meetlngs. They also review the rlsks faced by the oh8rlty and implement strategles to mStlgate those risks. The truste88 are responsible for administerlng the charity and for its strategic direction. The charity does not have any relat8d partles Otherthan trustees and their immed18te familles.
TEESMOUTH FIELD CENTRE REPORT OFTHE BOARD OFTRUSTEES YEAR ENDED 31" MARCH 2024 Objectlves, activFties. achlevement and performance Teesmouth Fleld Centre is based in the Visitorcentre of EDF Energy H8rt1epool Power Station, situated on the northern bank of the River Tees estU8ry. This is 8n area of open green spaces and wetland habitats interspersed by old and new Industrial 8lte8. Teesmouth National Nature Reserve (Teesmouth NNRI was set up in 1995 In recognition of the i mportance of the area for wildllfe that co-exists alongside industry. The aim of Teesmouth Fleld Centre Is to mako the Ioc81 population of the Tges V811ey more aware of the contrasting features that make the area so special. It Is not an open-door vi8ltor centre. The work is mainly with educational groups that book ahe8d for 8 full day, led by the two experlenced staff who work a flexible part-time schedule to suit bookings. The programme of activitles includes outdoor fieldwork opportunities for all ages. In the year from 1. April 2023 to 3181 March 2024, Teesmouth Fleld Centre had a tot81 of 3,252 visltors. The largest group were Prlmary School pupils accompanied by thelr teachers, teaching assistants and other adults. Classes from schools in Hartlepool, Mlddlesbrough, Redcar & Cleveland, Stockton and County Durham, enJoyed a 168rning experience out of the classroom. Funding granted in March 2023 by The Ironmongers, Company was used to complete the Generatlng Geologists project which was highly valued by teachers. 67 A-level Biology students completed two days of tr8ns8ct worklpopulation studies and a group of 23 Undergraduates from Teesside Universlty C8rrled out one day of fieldwork related to sand dune succession. There were jolnt V181ts too, involving a half-d8y tour of Hartlepool Power Station, together with. a half d8y actlvity led by Field Centre staff. Publlc beneflt The International T811 Shlps event. held 8t Hartlepool over four days in early July 2023 8ttra¢ted thousands of vi8ltors, many in familygroups. Teesmouth Field Centre shared a stall in the maln avenue with Natural England, This allowed a lot of conversatlons about the importance of visiting the Teesmouth NNR, along with discusslon about bird disturbance by the increasing number of dog W81kers, the destruction of h8bitat due to fires in the dunes and the ongoing problem of litter pollutlon. Display8 were used to estimate the time taken for different packaglng materials to decay. In all there was 8Ctive engagement wlth 707 individuals, The co-operation with Natural England has been much more active in the pastyearwith the appointment of a Reserve Managerforthe Teesmouth NNRwSth all round benefits. The Environment Agency organised a visit to Teesmouth in FebrLJary 2024 that brought 10 volunteers from the pack8gingindustry tQ C8rry out a litterpick at the North Gare carpark and on the beach tideline. Every opportunity Is taken to raise awareness about the need to reduce landfill. especially as there is a large working18ndf illtip within sight of the Field Centre. Regulargroups of adults returned fortheirannualvisits including 43 members of Leeds RSPB and 10 members of Northallerton U3A.
TEESMOUTH FIELD CENTRE REPORTOFTHE BOARD OF TRUSTEES YEAR ENDED 31ST MARCH 2024 Governance The Trustees met formally in May, July, November 2023 and in March 2024, with all discussions and decisions recorded in the Minute8. It was agreed in May 2023 that Ann Oxley be re-appolnted as a Trustee and Jennifer Watt be appointed as a Trustee. David Lister was re-appointed as a Trustee in March 2024. The future of Teesmouth Field Centre is linked to the continuing operation of Hartlepool Power Station IHPS} for sponsorship and the HPS Visitor Centre remaining open to provide accommodation. The Trustees are aware th8t this must remain as a m8tter for regular discussion until future tlme frame is established. Currently, defueling is planned to start In March 2026, Since 2015, when the Field Centre became 8 Charltable Incorporated Organisation, the same firm of accountants has been used although wlth two change8 in name. The closure of thelr local offlce made the Trustees decide to change to a different firm with a local office, for the Preparatlon and Examlnation of the Teesmouth Field Centre Annual Accounts for 2023-2024. Fundlng Teesmouth Field Centre relies on fundingfrom dlfferent sources. The Trustees are alway8 verygr8teful for 811 donations, grants and sponsor8hlp. The maln 8pon8or of the Field Centre Is EDF Nuclear Generatlon Ltd which provides accommodation, services and some financlal support towards salaries. Applylng for funding from Charltable Trusts remains difflcult, as funder prlorlties change. Core costs, such as salaries, are often not permitted as part of a bid. Only one bid was successful In the 2023-2024 tinanclal year, the Nineveh Charltable Trust awardlng 8 grant of £3,670. Three other bids were unsuccesstul. A grant of £250. made from the local Groundwork Community Fund, was used to subsidise visits bythree classes from different schools located In disadvantaged areas, Two new blds were written and submitted In March 2024. Itwas decided to maintain the charges for educational bookings atthe same level as In the p88ttwo years. C08ch costs continue to increase. Reserves Pollcy At the 31st March 2024the Charity held designated funds of £8,800 to cover potentlal statutory redund8ncy costs. There were restricted reserves of £3,670 associated with one project th£t had not begun by the end of the year. There were uncommittgd resetves (free reserves) of £37,574. Free reserves are those unrestricted reserves which are not designated or tied up in f ixed assets, The policy of the Trustees is to keep a balance to cover at least one year's costs of operation. The Financial Reserves policy has been updated by the Trusteeg. The comingyear The availability of the accommodation that houses th8 Field Centre in the HPS Visitor Centre is essential for the continuation of the programme of environment81 activities. Looking forward, the aim oftheTrustees and the enthusiastic staffwill be to encourage more educational and communitygroups to make use of the outdoor learning programme at Teesmouth. The Trustees will seek new funding opportunities to support the programme and ensure another suocessful year. Ann Oxley, Chair ofthe TFC Trustees.
TEESMOUTH FIELD CENTRE REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 31SI MARCH 2024 Statement of Truste85' Responslbilities The trustees are responsible for preparing the Trustees, Annu81 Report and the financlal statements in accordance with applicable 18w and United Kingdom Accounting standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the trustees to prepare fin8ncl81 statements for each f nancial year, which give a true and fair view of the state of affairs of the charlty and of the incoming resources and application of resources, including the income and expenditure, of th8 charity for that period. In preparing these financial statements, the trustees are requlred to: select suitable accounting pollcies and then apply them consistently; observe the methods and princlples in the Charlties SORP. make Judgements and e8tlmates that are reasonable and prudent; state whether applicable UK Accountlng Standards have been followed, 8ubject to any m8terial departures disclosed and explalned in the f inanclal st8tements; prepare the financi81 statements on the golng concern basis unless It Is inapproprlate to presume that the charity wlll continue in operation. The trustees are responslble for keeping adequate accountlng records that disclose with reasonable 8ccuracy at any time the financial position of the charity and en8ble them to ensure th8t the flnancial statements comply with the regulations made under the Charltles Acts. They are 8180 responslbl8 for safeguarding the assets of the charlty and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularities. By order of the trustees: Mrs PAOxley Trustee Date: 8"July 2024
TEESMOUTH FIELD CENTRE INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31" MARCH 2024 Independent Examlner's Report tothe Trustees of Tee5mouth Fleld Centre I report on the accounts of the charity for the year ended 31. March 2024 which are set out In pages 8 to 13. Responsibllitles and basls of report As the charity's trustees you are responsible for the preparation of the accounts in accord8nce with the requirements of the Charities Act 20111"the Act"). I report In re8pect of the examination of the charity's accounts Carried out under sectlon 145 of the Act and in carrylng out my examination I h8ve followed all the applicable Dir8¢tions given by the Charity Commission under section 14515llbl ofthe Act. Independent examlner's 8tatement I have completed my examination. I confirm that no material matters have come to my attentlon in connectlon with the examination giving me cause to bellev8 that in any materlal respect: accountlng records were not kept in respect ofthe charity as requlred bysection 130 of the Act., or 2. the accounts do not accord with th08e records, or 3. the accounts do not complywlth the applic8ble requlrements concerningthe form and content of accounts set out in the Charlties (Accounts and Reports) Regulations 2008 other than th8 requlrement that the accounts give 8"true and air view"which Is not 8 matter considered as part of an independent ex8mination. I have no concerns and have come across no other matters In connection wlth the examlnation to which attentlon should be drawn in this report In order to enable a proper understanding of the accounts to be reached. Gresh8m & Gala Date: 8" July 2024 14 Fountain Street Guisborough TS14 6PP
TEESMOUTH FIELD CENTRE STATEMENT OF FINANCIALACTIVITES FOR THE YEAR ENDED 31ST MARCH 2024 Total Fund8 2024 Total Funds 2023 Unrestricted Funds Restricted Funds INCOME Note Income from Donations and Legacies 710 710 1,873 Income from Charitable actlvities 24.517 3,670 28,187 29,993 Bank interest 315 315 39 TOTAL INCOMING RESOURCES 25,542 0,670 29,212 31,905 EXPENDITURE Expenditure on ch8ritable 8Ctivitles Costs of main actlvity Other Costs 25,835 1,078 4,600 30,435 1,078 28,656 1,028 TOTAL EXPENDITURE 26,913 4,600 31,513 29.684 Net deflcitlincome 11,3711 1930} (2,301) 2,221 Transfer between funds Net movement in funds (1.371) 19301 4,600 12,3011 2,221 Balances brought forward 47,745 52,345 50,124 Balances carried forward 46,374 3.670 50.044 52,345 The charity has no recognised galns or losses otherthan the results forthe year set out above. All of the activities of the charity are classed as continuing.
TEESMOUTH FIELD CENTRE BALANCE SHEET sr AS AT 31 MARCH 2024 NOTE 2024 2023 CURRENT ASSETS Prepayments Accrued income Cash at bank and in hand 552 870 49,559 507 52,535 50,981 53.042 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 19371 {697) NET ASSETS 50,044 52,345 CAPITALAND RESERVES Funds -General -Restrlcted Funds -Design8ted 37,574 3,670 8,800 39,745 4,600 8,000 50,044 52,345 Approved by the Trustees on 8th July 2024 and slgned on thelr behalf by Mr D G Lister Trustee
TEESMOUTH FIELD CENTRE NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES al Basls of Preparation The financial statements have been prepared under the historlcal cost conventlon and in accordance with FRS 102 The Financial Reporting stand£rd applicable in the UK and Republic of Ireland, the Ch8ritles Act 2011 and follow the recommendations in Accounting and Reportlng by Charitl8s." Statement of Recommended Practice 8pplicable to charltles prep8ring their accounts with FRS 102. bl Donatlons and legacles are recelved by way of donations and gifts and are included In full In the Statement of Financlal Actlvities when receivable. The value of servlces provided by volunteers has not been includ8d. cl Grants, Includlng grants for the purch8se of fixed assets, are recognised in full in the Statement of Flnanclal Activities In the year In which they are receivable. d} Expendlture Is recognised in the period in which It 18 Incurred. Expendlture includes 8ttrlbutable VAT whlch cannot be recovered and is allocated to the particular activlty to which it relates. el Unrestricted funds are donated and other Incoming resources receivable or generated for the objects of the charity and are available as general funds or designated funds,, General funds represent unrestricted funds avai18ble for general work of the charity at the discretion of the trustees. Designated funds represent unrestricted funds which have been designated by the charity for 8 8pecifi¢ purpose. The designatod funds in these accountg are set aside for anyfuture potentlal redundancy costs. Restricted funds are to be used for speclflc purposes as laid down by the donor. Expenditure which meets these crlteria is charged to the fund. with 8 fair alloc8tion of management and support costs. 10
TEESMOUTH FIELD CENTRE NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31- MARCH 2024 INCOME Unrestricted Funds Restricted Funds Total 2024 Total 2023 Donations Other donations 710 710 710 710 1,873 1,873 Unrestrlcted Funds Restricted Funds Total 2024 Total 2023 Income from Ch8rlt8ble activltles EDF Energy Venator Mater181s UK Ltd Cleve18nd Scientlf ic Instltution The Ironmongers Company Nineveh Charltable Trust Groundwork Community Fund Entry fees to Centre 16,669 16,669 16,206 800 2,720 4,600 3,670 3,670 250 7,598 250 7,598 5,667 24,517 3.670 28.187 29,993 EXPENDITURE Charltable services Other costs 2024 Total 2023 Total Costs dlrectly allocated to 8Ctlvltles Gross wages Pension contributions Travel and sundry expenses Subscriptions Repairs Uniform Insurance Printing and stationery DBS checks Broadband Computer running costs Staff training courses Accountaricy 26.659 426 49 80 26,659 426 49 80 24,516 361 260 80 22 68 1,894 117 108 846 384 1,847 147 1,847 147 771 771 456 456 1,078 1,078 1.028 30,435 1,078 31,513 29,684
TEESMOLTfH FIELD CENTRE NOTES FORMING PART OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 NET{OUTGOING)IINCOMING RESOURCES FOR THE YEAR This Is stated after charging: 2024 2023 Trustees, emoluments and expenses Independent Examiner's Fee OtherAc¢ounting Services (IncludingAuto Enrolmentl Nll 720 324 704 324 STAFF COSTS & NUMBERS 2024 2023 Wages and Salaries 26,659 24,516 There were no employees whose emoluments as defined fortax8tlon purposes amounted to over£60.000. The average number of employees durlng the yearwas 2. TRANSFERS BETWEEN FUNDS These relate to transfers whlch account for management and other charges from unrestrlcted to restrlcted funds. DEBTORS 2024 2023 Accrued income Prepayments 870 552 507 507 CREDITORS: Amount fa(ling due wlthin one year 2024 2023 Accruals Social security costs Other creditors 720 134 83 937 680 17 697 12
TEESMOUTH FIELD CENTRE NOTES FORMING PART OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Unrestricted Funds Restrlcted Funds Total Net Current Assets 46,374 46,374 3,670 3,670 50,044 50,044 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2023 Unrestrlcted Fund8 Restrlcted Funds Total Net Current Assets 47,745 47,745 4,600 4,600 52,345 52,345 10. MOVEMENTIN FUNDS At1. Aprll 2023 Incomlng Outgolng Transfers At 31. Re80urces Resources March 2024 Unre8trlcted Funds Gener81 Designated 39,745 8,000 25,542 26,913 {800} 37,574 800 8,800 Restrlcted Funds The Ironmongers Company Nlneveh Charitable Trust 4,600 4,600 3,670 3,670 Total Funds 52,345 29,212 31,513 50,044 Purpose of Restrlcted Funds Nineveh Charitable Trust- To supportthe funding of school visits to the Teesmouth are8. 13