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|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|
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|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|
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|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|
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||||||||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|
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|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|
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|
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|
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|||||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|
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|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|
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|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||
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|||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||
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|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|
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|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||
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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||||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|
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||||||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|
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