"stwed as a Charity In Engand and Wales No 1162687 Regisrved as a Charity in Scodand No. SC016208 THE FRIENDS OF THE UNION CHAIN BRIDGE In th• parhhw of Homdlff• (England) and Hutton (Scotland) TRUSTEES, REPORT AND FINANCIAL STATEMENT FOR THE FINANCIAL YEAR ENDED 31"MARCH 2021 J F Hamllm Honorary Trurer CIMri¢r•s Act 2011
TRUST INFORMATION •red Addr Chain Bridge House, Horncliff& Berwickwupon-Tweed TD15 2Kr 1162687 (England and Wales) SC046208 (Scotland) The Trustees who served during the pwiod are Ilsted below. Martha Veronica ANDREWS Christopher BAGLEE Edward Oates CA%HORN Thomas William COCKBURN John Francis HAMILTON Georgina Jean HOME ROBERTSON John David Nicholas HOME ROBERTSON Robert Thomas de Plumpton HUNTER Stephen Kenwyn JONES Alexander James MCGREGOR (Resigned February 2021) David John OSMAN* David A WALKER (Appointed by Horncliffe Parbsn Council) retired since March 31" 2021 Robert T de P Hunter dTru John F Hamilton I Woodside Pdrk Hornc5ifte Berwick-upon-Tweed TD15 2XH Edward O Cavrthorn Chain Bridge House lorncliffe Berwick-upon-Tweed TD15 2Kr Bankers Barclays Bank plc Edinburgh Princes Street Branch Inde nde J H Creenwood & Company Ava Lodge, Castle Terrace. BenNickPOn-TWeed TD15 INP
TRUSTEES. REPORT FOR THE FINANCIAL YEAR ENDED 31" MARCH 2021 The Trustee5 present their Reporr and Rnancial Statement for the financial year ended 31 # Marth 2021. The proYtsion$ of the Statemenc of Recommend Pracrice {SORP) "Ac¢ountTrng and Reporting by Charrues" (March 21x15) amended 2C4X is used in preparing this Annual Report and nancial Staremen¢ 50 far a5 ft 15 applicable w the Trust's circumsonoL The Friends of the Union Chain Br8¢ is a Charity rewSt in Engknd and Waies and in kndand and con5titured as a Charhable Incorpor4ted Orzanlsation (CIO) under a Consutytion dated the 4th May 2015. The conversi¢)n of the ch¥itable trust into a CIO was approved at an Exu3ordinary Generdl Mee¢in8 of the MberS of the Chathy held in the Vil Hall. Paxton on the 29th January 2015. The otyects of the Trust l. To promote for the berrtfft of the publk the consemtlon. protection and improvement crf the physkal, naturdl and nMn-rrAde environment by FYom¢xin8 the hisrorlcal and archirecturdl herloge of the Union Chain 8ridge ("the 8ridge") In the Ferishes of Horndiffe. Northumbethnd, Enand and Hutton, 8erwickshir@ Scothnd and of the nawrnl environment in which the Bndge is situated. 2. To advance the education of the publio in Fwticular in relation to the hlstory and archirecture of the heiicage of the Bridge by devebping public Intewt in the architeaur history and heritsge of the Wge ty means of publicarion& public lectures and exhibitions and Cowoperatlon wth sthoth and other educational esrablishments and other bodie5 and societye l the acdvities of the to ha beon in fill accordance V•7th the oblects of the Charty. The law applicable to charit in England arKI Wales requires the rStee$ to FxeF4re financial Sratements for eath financi41 year whith grve a and lair vieV of the state of affairs of the Chariry and of the incoming res(rceS and application of resour of the Charfty for that peri¢)d. In preparing these financial 5¢atMw the tru5tee5 are requiral t sekn suitatAe accounttng pllcies and then them consistendy observe the methods FYincis in the chare$ SORP make judgements and esttmates that are reasonaE4e and prudent State whether applicable accJnIlng sundards have been follo1. suF4ect to any material departures disclosed and &(pfained in the financial 5tatemw)ts prepare the financiaf statements on the going concern basis unless ir is inapprwrate to presume that the Charity will continue in ¢)peraoon
It wll be appreaated thai as the Charity i& as yeL invesfments andlor invt income . the financial statement set our on p4ge 5 is basic and that the majoriry of the methods and principles set out in the SORP are as yet irApplioble to the Charity's accounts. The trustees are responsible for keeping propv accounting records that disdose with rwonabie accurdcy at any time the finarKial posrrion of tr Chariry and enable them to SUre that the financial 5ratements compty the Charities Att 2011 (England and Wales) and the Charitie5 and Trustee Investment (Scodand) 2005 Act ancl Regulations 2(K8 rnade uTrJer those Aas and the provision5 of the Chariry's Con5Utut50n dad 4th May 2015. They are a150 responstble for safeguarding the assets of the Chariry and hence for taking reasonabie sp$ for the preventron and detection of fraud and other irre8ulariue& The Consrr¢ution allows the Trustees tn inw funds in any inTr+pmient they think fiL in their absoluo discrerion. To daK they have not exercisd their to invert funds. In Sewmber 2015, the Trustee5 undertook an iniual Risk Re4iew, they intend to conoutt a baslc and de(ailed review of the major risks to which the Trust i& or is likety to be exposed and of the systems and checks to mig80 svch risk5 arising from financial ff4nagemenL Invesunenr4 Contracts etc. Trust properry and the loss of services of Trust officers either temporariiy or permanendy. The Trustees have adopted a Business Continuty Flan ro ensure the proper continuance of financial an secrerarral In thi5 event By considering the operdtion, achie•ements and perfornianee and the finances of the Chariry. the Trustees are satirfred that public benefit has been provided in accordance wtth the Charities Act 201 l and the Cnaritie5 and Trustee Investment (Scothnd) 2C4)5 Acz and the guanCe provided by the Chartty Commissioners and the Office of the Scowsh Charrw Regvlator. The Trustee5 meet in accordance wlth a nwting calendar they [rt during the year urtder review on a monthly cycle with add¥tional meeting5 arraryd as ryuired. Their business 15 conducttyl in accordance with the harity'S Cons¢itution. There is no torrnal c¢MMIt structure bLrt od hoc committees and VrkIng woups are aPlp.te0 from time to time to deal with specific aspects of business dele8aod to thenL The wdst majority OT t)usine55. h¢)wever, 1$ dealt vitth by the full trustee
IEN. Thls Rewt should have b••n ¢f a year of CelebraOn to mark the Bicenrenary of the world's oldest vehkular $uspenslon bridg& Such. hmer. the stulufying effect of the Covid-19 pandemlc that those celebrntions whith took place vrtre severely restricted and the 26thJuty 2020 pas$ed with only modest celebrntion at the Bridge when. at enttly midday- 200 yws to the minute after Ir had been declared open by Willlam Molfe WS. the Chairnwi of the North Durham and BenAck Turnpike Trnst- our Chairnun. Robert Hunter, woposed a t¢st to Union Bridge and Capt Sir Samuel Brown. Its deslgner, engineer and builder. reciFrccat•J ty a rnodesc and 50clally4i5tanced informal gdtherln8 of some rrtenty Friend5 and Fwers-ty. Three major events had been mevculousty planned for that hend. Our Patron. Dr Professor Roland Paxton of Heriot Wary Unl$1¢Y. had assembled a panel of distinguished engineers. sdenrists and hlstww from tr UK Japan and Nor+YdY to make presentatjons at a $ymFoslum to be held in Horndiffe on the 26th Julr arKI. on behalf of the clvil ewneering governlng bodie5 of the UL USA and JaF4n. to present a prtsDgious que recognisin8 the Bridge a5 an Internaoonal HriC Civil Ewneering Landmark On the bicentenary evening the Friends had sponsored the closing concert of the Muslc at Paxton ftsuval, with a proyamme of Scottish and European orthestral music In fdvour at the Eqinning of the nineteertth century. and the day woutd have concluded suitabty wlth a cdehfion ceilidh in a rrrdrquee in the grounds of Paxton Hous overlooking the Brid82. The Covi&19 rtttricri$ in force at that time dictafftd the aE4ndonment of all three events. The loss of the Symposium was ameliordteAI to an extent ty the publication of a fulty-illusrdted coMmerraVe book edited by Profesx)r Paxton and including synoptic essay5 of the tslks vthich vUld have takrth place. Spanimnz the Centuries vos dlstrikned to all Friends in membership on the 26th July 2020 and was widdy arculated bed the Charity. It was universalty wdl-received. The first print of 750 copies was soon exhausted and it was necessary to commission a second updated Impression of 300 copie5. ryth a nthyty4esnOj covtr. in SePtber 2020. We are most grdteful to essor Puton for his numl wncritrwuon in both ¢)rpni5ing the ill-fated symposium and editFng the Cornnla volum& We gready from the exF)Wtise and involvement of our Patrons. The contrdtt for the re5toralion of the the iMprov&t of its immediate surroundings and enhanced interpretation of its heritsge let in mi&2020 to The Spencer Group of Hull wrth whom the Friend& a5 W[ as the lo communicies ¢)n both sides of the River. soon established mox cordial relaoon& Work v#Tthin Covi&19 limiration& commenced on SI on the 1st September 2020 and by Marth 3 Ix 2021 the Bridge wa5 W disrrmntjed.
Our Chairman. Robert Hunter. represertts the Charity'5 interest5 at regular meetings of the Projert Board, which also comprises representstives of Northumberland CoLtnty Council. Scottysh rderS Council. Museums Northumberland. The SFerw Croup and the Nation Lottery Heritage Fund. As the community interest members of the Board, we are pains to ensure that the Vie and interesrs of the local communÈties- wrth parricular refereno to traffic marHgemenL or parklng and Yisitor arnenitles- are proFely arttculated. Our quarty prlnt Newsletter. A the vthlch covers not only matters directly concerned wÈth the Bridg& its heritage and rtOratI aiso items of wider interest concerned with the Bridge and the area in whiph it 15 SiUAted, has been sUpemented for the durntyon of the restoration work by a monthly eleerronic fulty-illustrdted sisw publbcarion with derniled informaoon on the progress of the contracL In addiuon to their role as a community445ed supporter of the two local authoriues in thelr projett to restore the Bridge to a ffiJll state of recoir to guaranoe rt5 continuing tXince for a further 120 years, it is a princiFoI funccion of the Friends to promote and publicise the Bndge'5 unique engineerin& ardiitecwral and historic heritsge Erf)th localty and further afidd, natsonally and internauonally. To contynve to maintain the profile of the Bridge and the restorduon projea the TrusTres. Friends and supporters have secured publicity through Yarious medi& including televislon and radio. local and national press ar periodicals and Thlks and pres&itations to lo or8anisatlon& We were saddened by tiie deCiOft of Hutton and paxt Communlty Council. in March 2021. to withdrdw representation from the Chary on the grounds that they considered that their input wds comple. We are pleased that Horncliffe Parish Council continue to be fully represented and are taking steps to amend the Constitucion ro ensure that the communrcies of Fishwicl Huryon and Paxton as well as Horncliffe continue to have a direa voice on the governlng body of the Charity. We also actively seek expressions of interest from persons locally, and further afieFd, willing to act as Trustees. Our Honornry Secretary, Edvrdrd Cavéthom. was honovred to recei on behalf of the Friends, the annual Tweed Forum Rivtr ChampIc Avvd for pn)moung the inwests of the Bridge and its restorauon. Membership of the Charity, at the end of March. cc*)tlnued to stand at ovÈr 600. Ottober 2021 Trv$ Robert Hynter IHorncMft) (Chair) kndrews Ichirnsrde) ChrtsLopher Baoee (Pontell Edvord Cawthorn IUTrion Bridge) ThoffAs Cockburn (Hote)J Harnikon lTrltrncli) Georgro Hoffe RoEert50n (Putcn) Pawort5 Dr Professor Fkn (EthTrDuryh) Brian V4hrtrl¢ (Mthft Tyas)
OFThE UNION EEfA 202 1.911 lJ15 306,356 35,761 145.(M)O Cash at Bank and In Hand 29W6 Cash •t B•nk and In Hand 393,432 389,028 RRE iio 395,337 395,337 388.918 3909 357 137 395.337
THE FRIENDS OF THE UNION CHAIN BRIDGE STATEMEfff OF FINANaAL AcfMTIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT FOR THE FINANCIAL YEAR E14DED 31ST MARCH 2021 2020 2021 In mln 360,879 3.809 esources nded 4.250 Total resources expended 8,315 356,629 t4et Inromln81(Outgolng) Resouros [4,506> 356,629 Net Movement in Funds for the Year {4,5061 38,706 Trrtal fvnds brought fonvani 395,337 395337 Totsl fvnds rarried forward 39029 13pk &Lf The financlal ststements were approved by the Tntst¢es on..--..._............--... and slgned on thelr behalf by. Robert T de P Hurter fChaim7an)----- E o.CAkJTro(U .
Notss to the Accouiits l Accountlng polki•s Charlty information The Friends of the Union Chaln Bridg4 a Charity registered in both England and Wales and Scotland. was estsblished on 4th May 2015. to promote for the benefrc of the public the historical arKI architecturdl herirage of the Union Chain 8ri dge and to develop public Interest in the architecwr4 history and herrtsge of the Bridg l. l Accounting conv•ntion The financlal statwnents have been prepared under the historical cost convention. The Accounts (financial statements) have been wepared in accordance with the Statement of Recommended Prattice: Accounting and reporting by Charlties eparing thelr accounts in accordance with the Financial Reporting Standard applicable In the UK and Republlc of Ireland (FRS 102) issued in the UK and Re These accounts have been prepared in accordano with FRS 102 "The Financial Reporring Standard applicable in the UK and Republk of Ireland" ("FRS 102"). "Accounting and Reporting by Charities" the Statrment of Recommended Practice for charicles applying FRS 101 the Charities Act 201 I, the Charities and Trustee Investment (Scotland) 2005 Act and UK Generalty Accepted Accounting Prattice as it applies from l January 2019. The Charity is a Public Benefft Entity as defined by FRS 102. The accounts are prepared in sterling . which is the functional currency of the Charity. Monetary amounts in these financRI staternents are rounded to the nearest £. 1.2 Chan8e of Accountlng Pollcy The total income for the Friends has exceeded the limits for which receipt and payment accounting is perrnitred. Accordingty, accn4J accounting is now being applled. 1.3 Going concern At the time of approving the accounrs. the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational exÈstence for the foreseeable fuDJre. The trustees continue to adopt the "goin£ concern" basis of account in prepartng the account& 1.4 Charitable funds Unrestricted funds are aydilable for use at the discretion of tr* trustees in furtherance of their charirknle objects unless the funds have been designated for other purposes.
Restricted fvnds are subiett to specific condTcions by donors a5 to how they may be used. The Charity helé no such restritted funds in the financial year to 31- March 2019. Designated funds are donations held by the Charity in respert of non-statutory elements of the Union Bridge restoration conrdtt 2019-2012 and are designated for transfer to Northumberland County Council in that connectton. 1.5 Incoming resourcès .ncome is recognised véhen the Charity is legally entitled to it after any perforniance conditions have been me4 the amounts can be rneasud reliabty, and It is probable that income will be received. Cash donations are recognised on receipL Other donations are recognised once the Charity has been notified of the donation, unless perfornlance conditions require deferral of the amount Income tsx recoverable in relauon to donations received under Gift Aid or deeds of covenant 15 recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the Charty has been notlfied of an impending distribution. the amount is kn¢)wn, and receipt is expetted. If the amount is not known, the legacy is treated as a a)ntingent asseL 1.6 Cash and cash 4uivalents Cash and cash equiydlents include cash in hand. deposits held at call with baijks, other short-temi liwid investrnents with origlnal mawritses of three months or less. and bank overdrafts. 2021 2020 2 Membership subscriptions 3 Donations £5,396 £2.322 £979 £354.153 4 Other income £2,205 £4.404 Investments The Charity holds no investments and there was VK> investment attivity during the year. 6 Employees There were no employees of the Chariry during the year. 7 Bank and Deposits Barclay5 Bank Busine55 Account Barclays Bank Savings Account £149,933 £92.000 £35.761 £50.000 8 Current Creditors and Debtors Debtors are the amounts owed to the Charity. They are measured on the basis of their recoverable amounL
Creditors are the amounts owed by the Charity. They are measured at the amount the Charity expects to have to pay to setde the debL There are no current creditors or debtors. Income from Investments There was no income from investments during the accounting period. l O Direct Charltable Expenditure There was no direct charitsble expenditijre during the accounting period. I l Governance Costs No governance costs were incurred during the accountsncy period. 12 Trustees. remunerntk•n and Expenses No trustee received any expenses during the accountancy period other than relmbursement for postages and printing costs incurred in the administration of the Charity. No remuneration direcdy or indlrectly out of fund5 of the Charlry was paid or payable for the year to any rrustee or to aFy person or persons known to be connected with them. An ex-gratra payment of £1 00 vos made to the Membership Secretsry who is a member of the Charity but not a Trustee.
CHARITY COMMISSION FOR ENGLAND ATr4D WALE5 Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of aiiiy Name On accounts for the year ended RCH 11 Charfty no (If any) Set out on p•ge8 Iremwknr pag8 nunters of8odthon81 $heersi I report to th trustees on my examination of the accounts of the above djarity ITh Trusf) for the year ended C'b i i¥liTrl I '¥'lYY. As the charws trustees, you are responslble for th8 preparation of the accounts In accordance wlth the r4uirements of the Charities Act 2011 R•8ponslbllllle8 and basls of report I rep(xt in resp8Ct of my examlnation of the Trusvs accounts carrfed out undèr secbon 145 of the 2011 Act and in carng out my examination, I have follo%d all the applicabFe tNrectlons glven by the Charity Commisslon under section 14515)(b) of the ACL Independent tThe charivs gross income exceeded £250,C0 and l am qualtfied to examlnorfs 8tatement undertake the 8xaminats.on by being a qualrfied member of [In8ert name of applicabl8 listed body]]. Delet& [1 rfnot 8ppIKabb. I have completed my examination. I confim) that no material matters hav come to my attention in o)nnection with the examination (other than that disdosed beltrw ? gives me cause to bele that in, any material the accountirvj records not kept In accordance with sectlon 130 of the Charilies Art or accounts did not accord with the accounting records,. or the accounts did not comply wth thè applicab requirements concemiry the fom and content of accounts set out In the Charities {Accounts and Rep)rts) Regulations 2CK18 other than any wuirement that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination. I have no concems arKI have come across no other matters in connection Vith the examination to attention should be drawn in this report In order to enable a pmper understanding of Ihe accounts to be reached. . Pl&ase delete the in the brackets rfthey do not appty. Signed." Name.. Relevant professlonal qualmcatlon(s) or body IER Oct 2018
{If any>: Section B Disclosure Only complete rf the examiner needs to hwJhlight material matters of concern (see CC32. Independent examination of thaiity accounts: diréctions and gutdance for examiners). Glva hero brl•f d•tall8 of any Items that the examlner wlshes to dlsclose. IER Oct 2018