2022-03-31-accounts

Reference	and Administrative Details	and Administrative Details
Trustees'	Report		2to10
Statement	of Trustees'	Responsibilities
Independent Examiner's		Report	12to 13
Statement	ofFinancial	Activities	14
Statement	ofFinancial	Activities	15
Balance Sheet
Statement	of Cash Flows		17
Notes to the Financial Statements			18to 35

Recognised	Gains	and	Losses)
					Total	Total
			Unrestricted	Restricted	2022	2021
		Note	8	6	6
Income and Endowments		from:
Donations and legacies		3	50,799		50,799	210,266
Charitable activities		4	137,407	243,522	380,929	502,686
Other trading activities Other income		5 6	39,268 13,627		39,268 13,627	1,343 ~2,050
Total Income			241,101	243,522	484,623	712,245
Expenditure on: Raising funds Charitable activities			(40,470) ~343,283	(15,584) ~245,932	(56,054) ~589,215	(27,553) ~451,694
Total Expenditure			(383753)	~(267,576	~045260	~470,247
Net (expenditure)/income			~(42.652)	~77,994	~760,646	232,998
Net movement in funds			(142,652)	(17,994)	(160,646)	232,998
Reconciliation of	funds
Total funds brought	forward		296,575	317,721	614,296	381,298
Total funds carried	forward	21	153,923	299,727	453,650	614,296

Recognised	Gains	and Lo	sses)
						Total
				Unrestricted	Restricted	2021
			Note	8	6
Income and Endowments		from:
Donations and legacies Charitable activities				210,266 226,202	276,484	210,266 502,686
Other trading activities Other income				1,343 ~2,050i		1,343 ~(2,050
Total income				435,761	276,484	712,245
Expenditure on: Raising funds Charitable activities			7 8	(13,675) ~232,508	(13878) ~219,388	(27 553) ~461,694
Total expenditure				~246, 183	(233,064)	(479,247
Net income Transfers between	funds			189,578 58,962	43,420 ~50,902	232,998
Net movement in funds				248,540	(15,542)	232,998
Reconciliation of	funds
Total funds brought	forward			48,035	333,263	381,298
Total funds canied	forward		21	296,575	317,721	614,296

							2022	2021
						Note		5
Fixed assets
Tangible assets Investments						15 16	411,291 100	422,225 100
							411,391	422,325
Current assets
Debtors						17	19,837	68,703
Cash at bank	and in hand						110,570	195,412
Creditors: Amounts		falling due	within one year			18	130,407 ~55,848	264,115 ~30,477
Net current assets							74,759	233,638
Total assets 0 dlt: 8	less current liabilities t I III 8 d It			th	7	18	486,150 ~32,500	655,963 ~41557
Net assets							453,650	614,296
Funds ofthe	charity:
Restricted							299,727	317,721
Unrestricted	income	funds
Unrestricted							153,923	296,575
Totalfunds						21	453,650	614,296

Statement ofCash Flows for t	he Year	Ended	31 March 202	2
			2022	2021
		Note	6	6
Cash flows from operating activities
Net cash (expenditure)/income			(160,646)	232,998
Adjustments to cash flows from non-cash Depreciation	items		50 188	41 902
			(110,458)	274,900
Working capital adjustments Decrease/(increase) in debtors Increase/(decrease) in creditors		17 18	48,866 19,393	(29,187) (2,646)
Net cash flows from operating activities			(42,199)	243,067
Cash flows from investing activities Purchase oftangible fixed assets		15	(39254)	(91601)
Cash flows from financing activities Repayment ofloans and borrowings		18	~3,389	~14,049
Net (decrease)/increase in cash and cash equivalents			(84,842)	137,417
Cash and cash equivalents at 1 April			195,412	57,995
Cash and cash equivalents at 31 March			110,570	195,412

estimated residual value, over their expect	ed useful economic life as follows:
Asset class	Depreciation	method and rate
Plant and machinery	20% reducing	balance
Fixtures and fittings	20% straight	line
Computer equipment	33.33%straight line
Leasehold property	over the term	ofthe lease

				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2022	2021
						6	8
Donations	and	legacies;
Donations				18,192		18,192	33,059
Grants, including			capital grants;
Government		grants - CJRB		16,607		16,607	133,181
Government support		grants - business		16,000		16,000	44,026
Total for 2022				50,799		50,799	210266
Total for 2021				210,266		210,266
				Unrestricted
						Total	Total
				General	Restricted	2022	2021
				6			6
Analysis	ofdonations
Big Give General	Charity			9,950 8,242		9,950 8,242	18,168 14,891
				18,192		18,192	33,059

4 Income from cha	ritable	activi	ties
			Unrestricted
			funds	Restricted	Total	Total
			General	funds 6	2022	2021 6
User income			101,837		101,837	136,879
Ticket income Grants receivable			30,473 5,097	243,522	30,473 248,619	6,448 359,359
Total for 2022			137,407	243,522	380,929	502,686
Total for 2021			226,202	276,484	502,686
			Unrestricted
					Total	Total
			General f	Restricted 8	2022 8	2020 6
Analysis ofgrants receivable Percy Hedley Charitable Trust Newcastle Culture Fund				500	500	19,758
Chrysalis Fund			5,097		5,097
The Rothley Trust Power to Change				600	600	25,000
BBCYouth Investment				30,446	30,446
Community Foundation				22,500	22,500
NCIF				40,000	40,000
Lloyds Bank Foundation Arts Council				25,000 104,476	25,000 104,476	145,568
Tudor Trust						50,000
Esmee Fairbairn						25,000
Postcode Neighbourhood Lottery Big Lottery Northstar Foundation				20,000	20,000	74,000 12,875
Austin &Hope Lottery Sport Fund						1,000 6,158
			5,097	243,522	248,619	359,359

5 In	com	e from other tr	ading activities
			Unrestricted
			funds	Restricted	Total	Total
			General	funds	funds	2021
			E	E	E	E
Total	for	2022	39,268		39,268	1,343
Total	for	2021	1,343		1,343

		Unrestricted
		funds	Restricted	Total	Total
Other	income	General E 13,627	funds E	2022 13,627	2021 E ~2,050
Total	for 2021	2,050)		(2,050

a) Co	sts	oftrading activities	Unrestricted
					Total	Total
			General	Restricted	2022	2021
			E	E	E	E
Costs	of	performances/events	40,470	15,584	56,054	27,553
			40,470	15,584	56,054	27,553

8 Expenditure on charitable	activities
	Unrestricted
			Total	Total
	General	Restricted	2022	2021
	8		8	f.
Wages and salaries Employers NIC Staff pensions	177,446 6,839 1,971	200,768 18,140 5,231	378,214 24,979 7,202	302,019 18,218 5,914
Governance costs (note 9) Support costs (note 9)	4,968 152,059	21,793	4,968 173,852	3,828 121,715
Total for 2022	343,283	245,932	589215	451,694
Total for 2021	232,508	219,186	451,694

Support costs allocate	d	to charitable	activities
				Other
			Governance	sUpport	Total	Total
			costs	COStS E	2022f	2021 6
Bank charges				362	362	402
Cleaning				15,371	15,371	4,432
Depreciation				50,188	50,188	41,902
Insurance				5,475	5,475	6,383
Light and heat				16,067	16,067	9,475
Printing, stationery and	postage			1,273	1,273	1,252
Rates				6,005	6,005	5,663
Repairs and maintenance				12,227	12,227	13,641
Staff training				1,575	1,575	6,633
Licensing and memberships				1,800	1,800	701
Telephone				4,440	4,440	3,663
Computer software and maintenance costs				2,602	2,602	3,234
Hire of plant and machinery				3,881	3,881	3,299
Sundry expenses (inc irrecoverable VAT)				22,273	22,273	285
Travel and subsistence				902	902	139
Advertising				14,938	14,938	2,864
Legal and professional	fees			13,603	13,603	17,747
Independent examination		fees	1,800		1,800	1,800
Other interest payable				870	870
Accountancy fees			3,168		3,168	2,028
			4,968	173,852	178,820	125,543

10 Net incoming/outg	10 Net incoming/outg	oing resources
Net (outgoing)/incoming		resources for the year include:
			2022	2021
Depreciation	offixed	assets	50,188	41,902

12Staffcosts The aggregate payroll costs were as follows:
	2022	2021
	6	6
Staff costs during the year were: Wages and salaries Social security costs Pension costs	378,214 24,979 7,202	302,019 18,218 5,914
	410,395	326,151

chari	ty during the year was as follows:
		2022		2021
		No		No
Full	Time		7		5
Part	Time		15		13
			22		18

15Tangible fixed a	ssets
	Long leasehold 8	Computer equipment		Fixtures and fittings	Plant and machinery		Total 6
Cost
At 1 April 2021	359,674	27,799		85,560	146801		619834
Additions			759	4,020		34,475	39,254
At 31 March 2022	359,674	28,558		89,580	181,276		659088
Depreciation
At 1 April 2021	76,054		18,522	38,569		64,464	197,609
Charge for the year	11,989		4394	16,653		17152	50,188
At 31 March 2022	88,043	22916		55,222		81,616	247,797
Net book value
At 31 March 2022	271,631		5,642	34,358		99,660	411,291
At 31 March 2021	283,620		9,277	46,991		82,337	422,225
16Fixed asset investments
					2022		2021
Shares in group undertakings and		participating	interests			100	100

17Debtors
	2022	2021
Trade debtors	12,258	15,206
Due from group undertakings		34,336
Prepayments Other debtors	1,681 5,898	14,252 4,909
	19,837	68,703

18Creditors:	amounts falling due within one year
		2022	2021
Trade creditors		7,348	3,935
Other loans		14,111	8,333
Due to group undertakings Other taxation and social security		12,854 7,632	5,099
Other creditors		2,835	4,019
Accruals		10,868	9,091
		55,648	30,477

19Creditors: amounts	falling due after	one year
			2022f	2021 6
Other loans			32,500	41,667
Included in the creditors	are the following	amounts	due after more than five years:
			2022	2021
			5
After more than five years by instalments				2,500

21 Funds
		Balance at				Balance at
		1 April 2021 6	Incoming resources 8	Resources expended 5	Transfers f	31 March 2022
Unrestricted funds
General
General Fund		91,097	241,101	(308,753)	99,478	122,923
Designated
Capital Asset Fund Emergency Fund 2022 Recovery Fund		40,478 90,000 75,000 205,478		~5.000) ~i5.000)	(40,478) (59,000) ~99,478	31,000 31,000
Total unrestricted	funds	296,575	241,101	~303.763)		153,923
Restricted funds
Arts Council		9,547	5,530	(15,077)
Property Fund		283,620		(11,989)		271,631
NCIF		6,827		(6,827)
Tudor Trust		182		(182)
Newcastle Building
Society		2,421		(2,421)
Tudor Trust - Mental
Health Awareness		2,000		(2,000)
Austin &Hope		1,000		(1,000)
Lloyds Foundation Lottery - Sport Fund		5,966 6,158		(5,966) (685)		5,473
Arts CRF Fund 2			49,801	(49,801)
Arts CRF Fund 3			49,145	(49,145)
BBCYouth Investment
Grant			30,446	(30,446)
Community Foundation
Grant (COVID)			12,500	(12,500)
Community Fund Grant	Mains		10,000	(2,917)		7,083
Lloyds Foundation
November 21 - November 23			25,000	(10,560)		14,440
NCIF 2021 - 2022			40,000	(40,000)
Postcode Neighbourhood
Lottery			20,000	(20,000)
Percy Hedley Charitable Trust			500			500
The Rothley Trust			600			600

			Balance at				Balance at
			1 April 2021	Incoming resources	Resources expended	Transfem	31 March 2022
			r.	r.	2	2	2
Total	restricted	funds	317,721	243,522	~261,516)		299,727
Total	funds		614,296	484,623	~64~,2891		453,655

					Total funds
					at 31 March
		General 8	Designated	Restricted 8	2022 8
Tangible fixed assets Fixed asset investments		139,759 100		271,632	411,391 100
Net current assets/(liabilities) Creditors over 1 year		15,564 ~32.500	31,000	28,095	74,659 ~32,500
Total net	assets	122,523	31,000	299,727	453,650
		Unresb'icted
					Total funds
					at 31 March
		General 8	Designated 8	Restricted f	2021 8
Tangible fixed assets Fixed asset investments		88,580 100	40,478	293,167	422,225 100
Net current assets/(liabilities) Creditors over 1 year		44,084 ~41.667	165,000	24,554	233,638 ~(41,667
Total net	assets	91,097	205,478	317,721	614,296