DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 Registered number: 09178928 Charity number: 1161156 NORTHUMBERLAND NATIONAL PARK FOUNDATION {A Company Limited by Guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) CONTENTS Page Reference and Administrative Details of the Charitable company. its Trustees and Advisers Trustees. Report Independent Examinerfs Report Staternent of Financial Activities Balance Sheet Notes to the Financial Statements 10-20
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2024 Trustees Lady Riddell, Chair Lord James Percy I81gned 4 March 20241 Mr Charles Antony Ellioll Braithwaite Mrs Carolyn Ramsbotham Mr Andrew Hodgson Honorary President." Rt. Hon. Baroness Joyce Quin Mr Jonathan Joures Iresigned 8 December 20231 Company registered number 09178928 Charity registered number 1161156 Registered office Easlburn South Park Hexham Northumberland NE46 1 BS Accountants Kinnair Associates Limited Chartered Accountants Aston House Redbum Road Newcastle upon Tyne NE5 1NB Bankers Barclays Bank plc Prieslpopple Hexham Northumberland NE46 1 PE Page 1
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees present their annual report together with the financial statements of the charitable company for the year ended 31 August 2024. The Annual Report serves the purposes of both a Trustees. report and a directors. report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current stslutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191. Since the charitable company qualifies as a small company under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activities . Policies and objectives The principal object of the Charity is to promote, assist and encourage the protection, conservation and enhancement of Northumberland National Park and ils environs and lo advanTr the education of the public regarding the same. Northumberland National Park Foundation wishes to raise money to support activities and projects that are able lo demonstrate that they support the objects above. Examples might include. Activities or projects that enhance the protection or conservation of the natural or historic environment. This Includes initiatives that assist the protection or conservation of either natural or man made heritsge features. 11 also Includes activities that help members of the public to become constructively Involved in conservation and heritage, through volunteering for example. Projects or activities that enhance education and training opportunities for people of all ages. Examples might include facilitating visits to Northumberland National Park and ils environs by school parties, encouraging the use of the Park and ils environs as the base for field trips by school or university students, or providing high quality vocational training courses in appropriate subjects such as traditional or heritage skills, conservation, geology or countryside management. Suitable research activities may also be considered where Il can be robustly demonstrated that the outcome of the research is likely to lead to benefits that meet the Foundation's objects. Initiatives that enhance employment opportunities and economic and social conditions for local people. This might include activities such as the creation and support of rurally based workplaces or enhanced opportunities for the creation or sale of locally produced crafts, foods or drinks, for example. In selling objectives and planning for activities, the Trustees have given due consideration lo general guidance published by the Charity Commission relating to public benefit, Including the guidance 'Public benefit.. running a charity IP821'. Page 2
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Objectives and activities {continuedl Activities undertaken to achieve objectives The Foundation wishes lo support projects or activities that make Northumberfand National Park and Its environs more a¢ssIble to people of 811 ages and abilities for the purposes of leisure and recreation. This could include activities such as family "lasler days led walks, encouraging the use of open access land, star gazing events, improvements to community facilities, the provision of accessiblelsuslainable transport and so on. This also includes supporting The Sill. National Landscape Discovery Centre and Sill related activity. Achievements and performance Review of activities The Trustees have continued lo concentrate on the fundraising activities relating to The Sill as well as seeking lo raise funds for wider projects throughout The National Park. In the year ended 31 August 2024, £22,000 was suwessfully raised towards Northumberland National Park Authority's education and engagement programme. £50,000 was raised lo support Ihe'sycamore Gap, exhibition al The Sill, and £83,000 was raised towards the Hadrian's Wall Recovering Nature project. £14,000 was raised towards a National Park Volunteer programme, and £3,638 was raised lo support the charitable objectives of the Foundation. Investment policy and performance The Foundation has resolved lo focus its support on protecting, conserving, enhancing and educating people from all ages and backgrounds about Northumberland National Park. This includes supporting The Sill.. National Landscape Discovery Centre and Sill related activity. The Charity resolved lo select and make investments, including In the form of grants that comply with ils charitable objectives. Any grants made by the Foundation will be monitored to ensure complianTr. The Foundation has a grant making policy, which is summarised below.. The Trustees of Northumbedand National Park Foundation meet formally al least twi a year and are In frequent informal contscl in belween meetings. Detsiled proposals relating to projects or activities that the Trustees may wish to support will be circulated lo all Trustees al least one week before the dale of the next formal Trustees, meeting. In order to be considered for support, proposals will require, as a minimum, the following details.. A brief description of the applicant organisation including its legal stslus, ils purposes, Ils objectives, its track record, and ils regular 8Ctivities', A description of the project or activity for which funds are being sought including where the project will be delivered, a description of who or what wll take part in or benefit from the project, when it will take place and for how long, and the expected benefilsloutpulsloulcomes of the work,. A fully costed budget for the proposed project or activity., A description of funds raised lo dale, including details of any remaining shortfall and the amount requested from Northumberland National Park Foundation. Applicants should present their figures in such a way that capital and revenue requirements may be easily identified by the Trustees. A copy of the organisation's most recent audited accounts. Page 3
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Achievements and performance {continuedl Trustees expect lo make their own enquiries regarding all proposals that are being considered, and this may Include visits to siteslorganisations and all other necessary steps that the trustees consider essential in carrying out their own due diligence enquiries. Successful applicants will always be notified in writing by the Foundation. Individual discussions will lake place with all organisalions that receive support lo determine the exact nature of the reporting and monitoring requirements associated with each grant made. Once a grant offer has been a¢pted by an organisalion, any variation in the nature of the delivery of the work from that which was described in the original application musl be first discussed wth the Foundation's Trustees. Financial review Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources lo continue in operational existence for the foreseeable future. For this reason they continue lo adopt the going concem basis In preparing the financial statements. Reserves policy The aim of the reserves policy is lo ensure that ongoing and future activities are reasonably protected from unexpected variances in Income and expenditure. Due to the level of activity envisaged by the Foundation and the support in staff time provided free of charge by the Northumbedand National Park Authority to administer the financial and administrative duties of the Foundation, the Foundation has initially adopted a 'minimum level, reserves policy. Unrestricted funds held are £86,727 at the end of 2024 financial year and are considered sufficient lo cover liabilities for the coming year due to costs being closely managed by an experienced Board of Trustees. This policy will be reviewed by the Trustees when activity levels increase. Restricted funds amount to £122,985 at the end of 2024 financial year and will be carried forward for use in future periods. Structure. governance and management Constitution The Northumberland National Park Foundation Ithe Foundationl is registered as a Charitsble Company limited by Guarantee, dated 18 August 2014 and registered with the Charity Commission for England and Wales under charity number 1161156, with effect from 02 April 2015. The Foundation is based in the UK with ils office in Hexham. Page 4
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Structure. governance and management {continuedl Methods of appoinlrnent or election of Trustees The Trustees as charity trustees have control of the Charity and its property and funds. The minimum number of Trustees is three, the maximum is seven. Save for the first Chair, each Trustee shall be appointed for a fixed term of three years. The Chair shall be a Trustee appointed by way of a resolution of the Trustees from time to lime for such a term of office as the Trustees see fit. The power to appoint new Trustees rests with the Board of Trustees. Trustees do not receive any remuneration. Every Trustee has one vole on each issue, but, In case of equality of voles, the Chair shall have a second or casting vote. The Trustees must hold al least two meetings each year. A quorum for a meeting is tsvo Trustees. Trustees are required to disclose any relevant interests and register them with the Chair and withdraw from any decisions where a conflict of interests arises. The Foundation has a conflict of interests policy. Organisational structure and decision-making policies Administrative support for the Foundation is provided by the Northumberland National Park Aulhorily. The undertaking was apIed on behalf of the Northumberland National Park Authority by Tony Gales Ichief Executive) at the Foundation's board meeting on 21 sl November 2014 and continues in operation. No powers lo commit the Foundation to any financial transactions were delegated to the Northumberland National Park Authority., these remain solely under the control of Trustees of the Foundation. The Charity currently operates with six Trustees and an Honorary President. Two of the Trustees were nominated and unanimously elected lo be the signatories lo the Foundation's bank account. Plans for future periods The future plans for the Foundation are to support the charitable work of Northumberland National Park. This includes helping lo educate people of all ages and backgrounds about Northumberland National Park, support the National Park's ambitions around nature recovery and Climate change, and to promote and encourage the social and economic wellbeing of the communities in and around the area. Page 5
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 ststement of Trustees. responsibilities The Trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees musl not approve the financial stslements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitsble company and of its incoming resources and application of resources, Including ils Income and expenditure, for that period. In preparing these financial statements, the Trustees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charitable company's transactions and disclose with reasonable accuracy al any time the financial position of the charitable company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 14 January 2025 and signed on their behalf by.. S*Nd by.. E0F040c2Ole> Lady Riddell Chair of Trustees Page 6
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Independent Examlnetrs Report to the Trustees of Northumberland Natlonal Park Foundatlon he charltable company'l I report to the charity Trustees on my examination of the accounts of the charitable company for the year ended 31 August 2024. Responsibilities and Basis of Report As the Trustees of the charitable company land its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance wth the requirements of the Companies Act 2006 I'the 2006 Act'i. Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitable company's accounts carried out under section 145 of the Charities Act 2011 I'the 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent Examiner's Statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the S18temenl of Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing their 8ccounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. DoOu$kJntsy'. Signed.. Detlev Anderson FCA 8228AFA7794A4DC Dated." 14 January 2025 Klnnair Associates Limlted Chartered Accountants Aston House Redbum Road Newcastle upon Tyne NE5 1NB Page 7
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 rolal funds 2023 Note Income from- Donations and legacies Other income 1.996 1.642 169.000 170.996 1.642 159,469 482 Total income 3,638 169,000 172,638 f59,95f Expenditure on: Charitable activities 1.757 173.000 174.757 T6,772 Total expendlture 1,757 173,000 174,757 76,712 Net movement in funds 1.881 {4.0001 {2.1191 83,239 Reconciliation of funds.. Total funds brought fotward Net movement in funds 84.846 1,881 126.985 {4,0001 211.831 {2,1191 728,592 83,239 Totsl funds carried forward 86.727 122.985 209.712 211,831 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 10 to 20 form part of these financial statements. Page 8
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limiled by Guarantee) REGISTERED NUMBER: 09178928 BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Note Current assets Cash at bank and In hand 210,822 272,887 210.822 212,887 Creditors." amounts falling due within one year 11,110) (1,056) Net currentassets 209.712 217,831 Total net assets 209.712 217,837 Charity funds Restricted funds Unrestricted funds 122,985 86.727 126.985 84,846 11 Total funds 209.712 217,831 The charitable company was enlilled lo exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordan with the provisions applicable lo entities subject lo the small companies regime. The financial statements were approved and authorised for issue by the Trustees on 14 January 2025 and signed on their behalf by.. $*n•d by.. EOF0ieo(C2o¢69.. Lady Riddell Chair of Trustees The notes on pages 10 to 20 form part of these financial statements. Page 9
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 General Informatlon The charitable company is a company limited by guarantee, incorporated in England and Wales, registration number 09178928 and charity registration number 1161156. The registered office address is Easlburn, South Park, Hexham, Northumberland, NE46 1 BS. The members of the company are the Trustees named on page one. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charitable company. Accountlng pollcle8 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Northumberland National Park Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise staled in the relevant accounting policy. The financial statements are prepared in pounds Sterting and rounded to the nearest pound. 2.2 Income All income is recognised On the charitable company has entillemenl lo the income, it is probable that the income will be reiVed and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing enlillemenl, the probability of receipt and the ability lo estimate with sufficient accuracy the amount re1Vable. Evidence of enlillemenl to a legacy exists when the charitable company has sufficient evidence that a gift has been left lo them (through knoedge of the existen of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when il is probable that il will be received and the fair value of the amount receivable, which will generally be the expected cash amount lo be distributed lo the charitable company, can be reliably measured. other income is recognised in the period in which it is re1vable and lo the extent the goods have been provided or on completion of the service. 2.3 Expenditure Expenditure is recognised On there is a legal or conslruclive obligation to transfer economic benefit lo a third paty, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable company's objectives, as well as any associated support costs. Page 10
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcles Icontlnuedl 2.3 Expenditure Icontinuedl Grants payable are charged in the year en the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject lo conditions which have not been met at the year end are noted as a commitment, bul not accrued as expenditure. 2.4 Cash at bank and In hand Cash at bank and in hand includes cash and short-temi highly liquid investments wth a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.5 Llabllltles Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the selllement can be estimated reliably. Liabilities are recognised al the amount that the charitable company anticipates it will pay lo settle the debt or the amount il has received as advanced payments for the goods or services il must provide. 2.6 Flnanclal Instruments The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequenuy measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.7 Fund accountlng General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes. Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by donors or which have been raised by the charitable company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial stalemenls. Page 11
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Income from donatlons and legacles Unrestricted Restricted fundg funds 2024 2024 Total fundg 2024 Donations 1,996 169,000 170,996 UnstrICted funds 2023 Restricted funds 2023 Total funds 2023 Donations Legacies 1,555 78,974 79,000 80,555 78,974 80.469 79,000 159.469 Other incoming resources Unrostrictgd funds 2024 Total funds 2024 Bank interest received 1,642 1.642 Unrestricted funds 2023 Tol81 funds 2023 Bank interest received 482 482 Page 12
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysls of grants Grants to Institutions 2024 Total fundg 2024 Grants to Northumberland National Park Authority 173,000 173,000 Grants to Institutions 2023 Total funds 2023 Grants to Northumberland National Park Authority 75,000 75,000 Analysis of expenditure by activities Grant funding of activities 2024 Support costs 2024 Total funds 2024 Grant making activities 173,000 1,757 174.757 Grant funding of 8clivities 2023 Support costs 2023 Total funds 2023 Grant making activities 75,000 1, 712 76,772 Page 13
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysls of expendlture by actlvltles {contlnued) Analysls of support costs Total fundg 2024 Activities 2024 Bank eh8rges Independent examiner's remuneration Insuran - core business 126 126 1,110 521 521 1,757 1,757 Total funds 2023 Activities 2023 Bank charges Independent examinerfs remuneration Insurance - core business 121 1,056 535 121 t,056 535 1, 712 1, 772 Independent examinerf$ remuneration 2024 2023 Fees payable lo the charitable company's independent examiner for the preparation and independent examination of the charitable company's annual accounts exclusive of VAT. 925 880 Trustees. remuneratlon and expenses During the year, no Trustees received any remuneration or other benefits (2023- £NIL). During the year ended 31 August 2024, no Trustee expenses have been incurred {2Q23- £NILJ. Page 14
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Credltors: Amounts falllng due wlthln one year 2024 2023 Accruals and deferred income 1.110 1,056 10. Financial instruments 2024 2023 Financial assets Financial assets measured at fair value through income and expenditure 210.822 212,88T Financial assets measured at fair value through income and expenditure comprise cash al bank. Page 15
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11. Statement of funds Statement of funds - current year Balance at 1 September 2023 Balance at 31 August 2024 Income Expendlture Unrestricted funds General Funds - all funds 3,638 11,757) 86,727 Restrlcted funds Signage The Barbour Foundation Works in the Ingram Valley Reece Foundation 25.000 25.000 10.000 {10.000} 97,985 97,985 83,000 10.000 12.000 {83,000) {10,000} {12.000} 14,000} John Horseman Trust Gillian Dickinson Trust Nineveh Trust 4,000 Community Foundation- Sycamore Gap project D'oyly Carte Fund 50,000 4.000 {50,000) 14.IXIO} 126,985 169,000 1173,000} 122,985 Total of funds 211,831 172,638 1174,757) 209,712 Page 16
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11. Statement of funds Icontlnuedl Restrlcted funds Slgnage: To assist Northumberland National Park's work on increasing visitor awareness of the Park at key entry points and giving visitors a real sense of arrival on entering the Park by updating the boundary signs. Works in the Ingram Valley: Further develop the Cheviol Hills Heritage Project. Grants expended In the year.. Reece Foundatlon.. Funding to further the aims of the Hadrian's Wall Recovering Nature Project. The John Horseman Trust: Funding towards the Dark Skies School programme (part of the Landscape for Learning programmel. Gillian Dickinson Trust: Funding towards the Art in the Park project which features education activities which have an arts focus and a travel grant to support schools to travel to Northumberfand National Park. Communlty Foundatlon: Funding for'sycamore gap.. a legacy for both people and nature, creative commission, leading to the permanent placement of the tree at The Sill, Northumbedand. Nineveh Charitable Trust: Funding towards 'Connecting the Countryside,, a nature based programme of National Park Volunteer experiences. D'oyly Carte Fund Funding of a volunteer programme that empowers diverse people to conserve the National Park and connect lo nature for health and wellbeing. The Barbour Foundation.. Funding towards 'Connecling the Countryside,, a nature based programme of National Park Volunteer experiences. Grants expended In the prevlous year: Northumbrla Water- Roots and Rlvers: Funding towards education and engagement activities in and around the Park's woodland and wetland habitats.. The Barbour Foundation: Funding towards The Sill Education programme. Community Foundation.. Funding for accessibility enhancements al Wedder Leap Car Park. Martin Mills Wildlife Maintenance Trust: Funding towards the general educats'on programme. Page 17
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 11. Statement of funds Icontlnuedl Slr James Knott Trust: Funding for the Dark Skies Maller engagement activities and exhibition. ststement of funds- prior year Balance at I September 2022 Balance at 31 August 2023 Income Expenditure Unrestricted funds General Funds 5,607 80,951 (1, 712) 84,846 Restricted funds Signage Works in the Ingram Valley Barbour Foundation - Sill Education Programme John Horseman Trust Martin Mills Wildlife Maintenance Trust Gillian Dickinson Trust Community Foundation- Wedder Leap Northumbria Water- Roots and Rivers Sir James Knott Trust 25,000 97,985 25,000 97,985 30,000 10,000 2,0(Xl 12,000 4,000 2,000 15,0(Xl 4,000 (30, QOOJ (f O, OOOJ (2, 000) (12, QOOJ (4, QOOJ (2, ClOOJ (f 5, 000) Nineveh Trust 4,000 122,985 79,000 (75, OOOJ 126,985 Total of funds 128,592 759,957 (76, 712) 217,831 Page 18
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 12. Summary of funds Summary of fundg- current year Balance at 1 September 2023 Balance at 31 August 2024 Income Expendlture General funds Restricted funds 3.638 169.000 11.757} 1173.000} 86.727 122.985 126.985 211,831 172,638 1174,757) 209,712 Summary of funds- prior year Balance at I September 2022 Balance at 3f August 2023 Income Expendilu General funds 5,607 122,985 80,951 79,000 (1, 712) (75, OOOJ 84,846 f26,985 Restricted funds 128,592 759,951 (76, 772) 217,831 13. Analysis of net assets between funds Analysis of net assets between funds - current period Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Current assets Creditors due within one year 87,837 11,1101 122,985 210.822 {1,1101 Total 86,727 122,985 209.712 Page 19
DoGusign Envebpe ID". 47B804E1.BFC84631_9CFD.F1162E743D38 NORTHUMBERLAND NATIONAL PARK FOUNDATION IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 13. Analysls of net assets between funds Icontlnuedl Analysls of net assets between funds - prlor perlod Unreslricled funds 2023 Restricted funds 2023 Total funds 2023 Current assets Creditors due wthin one year 85,902 {1,056) 126,985 212,887 {1,056) Total 84,846 126,985 217,837 14. Related party transactions The charitable company raises charitable funds lo support projects which help to achieve objectives within the Northumberland National Park. The Trustees and governance are fully independent of the Northumberfand National Part( Authority INNPAI., however, the Authority has provided ongoing administrative support. The charitable company paid grants lolalling £173,000 to NNPA in the year ended 31 August 2024. There were no balances owing between the organisalions al the year end. Page 20