DEAN BANK & FERRI HILL LITERARI. INSTITUTE
TRUSTEES ANNUAL REPORT
5T
FOR THE I'EAR ENDED 31 DECE￿I￿ER 2020
The m151ees Ivho are also direcrors of the ¢harity for the purposes of the Companies A¢1 1006. preseni Their
report with the financial 5tatemen¢s of the charin. for (he )iear ended i I, December ?019. The Irusiees have
adopied the provisions of the St81emenl of Recommended Practice (SORPI 'Accouniino and Reponing by
Charities, issued IN March ?005.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity number
.1164696
'Reoistered olTi¢e
Si Cuthbert's TeTrdce
IFerryhill
Co. Durham
DL17 8PP
PURPOSE OF THE CHARITY
ur PUTP05e is io operate and mainttin a communit), centre for the benefit of the people of Feryhill and the
ean Bank ar¢& The Insiiwte ha5 once aoain been successfijl in providing a cornmunity focal point and
source for some of the area's rnosi vulnerable and marginalised groups, inclvdino the elderl).. people ivith
isual impairments and mental health issues, auiistic children and youn
people seeking employmenl. In all
ecisions. rhe rnjstees have tsken the Charity Corr]rni5sion's public benefit guidance inio accouni.
CONTRIBUTIONS MADE BY VOLUNTEERS
olunieer5 play a viral role in Ihe operaiion of Ihe community centre bs, oiganising a rangc of so¢ial group5.
uch as line dancing and yoga.. by being trustee's of the Charity's ￿[anagemenT Commillee
REVIEW OF CHARITY'S FINANCIAL POSITION, AT END OF YEAR
he Instithfe oenerated a iotAI income ol. LOOOOU in ?0209 down from £34351 in 2019. Hire rdies are very
mpeiirive and businesseslgroups are looking lor discounts.
xpenditure was £OOOOO in 7019 compared 10 £32485 in 1019.
e reeeived a grani of £9926 from rhe local Area Action Partnership for building irnprovemenis. new floori
d ladies bathrooffl.
e caf¢ generdted £8254 towards the running of the building
I.ES£RVE POLICY
e Instirute hold5 a reserve of E?40.000. which is to ensure the future viability of ihe ¢ommunitJ' centre.
Page I

l *rte5 1)•rl J1• D•&•
Ewt•E Cry Lll %
OF Thi STEF%.W•
rdl
rdiear
rdiur
Tdi￿r
Methr
BEIL4LS OF THE ￿.￿liD

IYDEPEWDEWT EXA.MINER"S REPOAT TO THE TRLSTEES OF
DEA1¥ BA.YK & FERRI'HILL LITE114RI IThSTITLTE
Respecfiwe respon￿￿]11￿# of mfjt¢e5 ana exaMi￿r
The ¢lwiTh' s IDJ3rees Iw1￿ are 819) the direaor5 fvr the pwpose of Iw) are rESpo￿ble for
prep•rnion of the Th2 cIL•ifTr thtgees ¢(w￿l￿r a[￿11 ts requirt(i for thi* %eAr under
43(21 of thE Clmrrttes • 1993 (the 199) Actj an •In￿￿o0 hs rtquired
H#ving S*i5fied myself th* the cliarm is nffl 5thJea To authi undtr comwl l•w al￿ 15 eli￿])1¢ for indepe
ewnioatl0￿ it is rn). wibiltrw (O".
Examine the accOLU￿5 under Settion 41 of the 199i Aci
To follom the procedure5 laid dowm irj the Genernl DirECtion5 giien b% the Charitv Commission
(under Section 43171 (b) of the 199i Aa).. and
To gare ul*ther panicular maueT5 have wme io m) anentton.
Basis of the indepelldent exarniner's report
M) examin￿10n was orried out in accorthce with the General Direction5 gi%'en b!" the ChariN Comrnissio
An examinaiion includes a review of the accouniing records kepT b! the chariTh and a comparr50n ofthe
accounLS presented wilh those records_ IT also includes consideration of an J. unusual iTemi or disclosure) in i
accounts, and seekin4T
explanaiions Trorn )'ou as trustees concerning any such matteT5. The procedures
underraken do noi provide ail the eN'idence that I￿OllId be required in an audiL and £on5equenTli no opinion i
given a5 to thhether the accow]t5 present a 'mie and fair i'i¢M and the report is limiied to Ihost matters set o
in the ststements below.
IDdtpendent eiaminer's staternent
In ￿n￿ethi0n with my examination. no matter h&$ come to tny attenTiOn:
(l} WThich gTves me reasonable cause to believe thaL in any rnarerial rEspe¢L th¢ re9uirement5
To keep accounting records in accordance with Secrion i86 and i8 1 of the Companies .4cr ?006.
To prepart accounts M"hich accord ￿'[th the accouniino record5. compl! w ith the atcouniing
Tequirements of Sertion i94 and i9) of the Companies Act 7006 an d w'iih Ihe methods and
principles of the SwemenT of RecomrnendEd Pracuce: .4ccounrino and R¢porting Charilics
have been Tnet.. or
(?) To which. in m) opimion. atreniion should be drawTr tn Order ro erbable a PTDper uDder5￿NdinÈ of Ehe
Accowits to be reached
Andre￿ Canninu ACA
Independeni ExatrEiner
Hardwick Road
S*efield
St(Kkton on Tee5
TS212AL
P*ge i

OEA14 BANI( & FERR YNILL LITERARY INSTITLITf
STATEME14T OF FINANCIAL A￿1VITIES
FOA THE YEAR ENDED 315T DECEM8ÉA 2020
1020
1019
Total
fun¢Js
Unrestrfrt¢d
ReStri￿d
lund5
Total
lunds
14otes
INCOM114G RESOURCE5
lftcoffliThi r¢sources frorn ien8rated fvnd5
Voluntary Income
Glft Ald
Actlvities for 8eneraiin8 fund5
Investmeni incomt
17.376
3.9D3
31.179
33.298
L4,lQ8
3.538
14.108
3,538
10.980
To¢al Incornlng re50uffe5
35.012
J,903
38.925
45,125
RESOURCES EXPE14DED
Costs ol 8e*erating fund5
Costs ol generating voluntsry Income
Go¥ernan£e costs
43,574
200
2.352
45,926
200
45.614
zoo
Total r¢50urtes expended
774
814
NET INCOMINGIIOUTGOINGI AESOURCES
-8.752
1.551
-7.201
RECONCIUATION OF FUNDS
Totsl funds brought forw•rd
133.840
521,663
657.503
658,192
TOTAL FUP4DS CAARIED FORWARD
125,08A
$25.214
650302
These note5 form part of these financl31 staternents
Pa8e 4

DEAN 8ANK & FERftYHILL LITEIIARY INSTITUTE
bALANCE 5HEEr
AS AT 315T DECEMOER 2020
2020
2019
Unrthilcted
eslrlct*d
Tot•1
lunds
lunds
Ivnds
Note5
FIXED ASSETS
Tangible assets
16,585
374.194
400,779
414.656
CURRENT A55Ers
Debtors
Cash at bank aThd in hand
1.127
1.127
1,127
16
97,8fj8
165,470
263,33
255.662
CREDITOR5
Amounts fallin8 due within one year
NEf CURRENT ASSmllUABIUTIES1
124,453
537.566
661 019
66
TOTAI ASSET5 LESS CURRENT UABILITIES
661,019
669,2ZO
cItEDITORS
Arnounts falling due after more th•n one year
io
Ll.717
11.717
11.717
NEf A55Ers
53? 566
FUNDS
Unrestricted fund5
Redtrided fulld5
li
IZS,OeB
125,088
$15.214
133.840
525,214
TOTAL FUN05
525 214
These note5 lorrn par( of these frnancial staternents
PaEE 5

DEAN BANK & I,I,-RRI 1111.L LI I'I,-R..1111 IN4 11 111 I I.
B..11 IY("1 SIIL,'I:' I ('(IN fiNII[.'I)
The cliariioble compani is ¢iiliil¢d lo eKrinpiiun ITUM uudii undtT Se£iion 477 af Ilic ('onipoiiit% IlLt !Illlh lo
Ilie year ended I I, t)ccciNber ?1119
Tl)e Irusiees have not required Ilit ihli riioblc Lon)piini to iiliiiliii nii uudii (If ils fill￿￿￿ iiil %liilEliieiili lor thr )'L'
ended 31, D¢r¢mb¢r 21118 iii ll¢cordanrL ¥) lili Seciion 470 01 Ilie L"umpunie% ,lil )Ull(i.
Thc truslees acthoivled8e tlieiT iespiiii%iliililic5 101.
l&) Ensuring 11181 Ihe chariloble compJn)' keep5 accuuniing reci)rd5 thlll comply wlih SeLiiuns Illf) lind 187
or the Companie5 &cI ?000 llnd
Ibl Pr¢parin8 financial sthtemeiils ivliich 811'L' 11 Iruc lind fftiT I'ieiv ol. Ilie .iliitL (Il. lllllliT% L>l- Ilic i11￿1.11￿bl(
comp&nv lls &i Ihe end ofellch finanL illl )'eaT aiid of Its surplii% or delicil lor eacli finiiiiciul J'¢ni' iii
accordance willi the requir¢nienis of Ilie Loiiiponies aci 20D6 relo1iii4 ID Ilie finlliicilll 8ILlen)en15. sn ltir
applicable to the charitable compllny,
These fin￿1claI siaiemenls liave beeii pr¢por¢d in occordaiice iviih Ilie speLilll PTI)visiniis ul. Pllri l i L)I'IliL
Companies Aci )006 relaiing to .%ii)Dll chariiable ¢ompui)ics 8nd ii'itli Ilie fin#neiul Rlpiiriinbi sitsndllrd lor
Smaller Entitie5 leffeciive April ?008).
The finftncial S¢Aiemenis w¢re apprDved bs, Ihe Boord of Trustees 011
its behalf by..
ftnd Ivere si¥ned
rrusiee
The i)oles forjn pon of these lin&nci&l %iotein¢1115

hi I'uiiNI IN• viiiitl
Pund •itruuiitliii
Iru•l
IU19
1.254
2,716
vivii
J,115

DEAN •a14K • FfRIYMILL LITIIAIIY INSTITUTt
140TfS TO THE FINANCIAL ST ATEMÉNTS C014TINU£D
FOH THE YEAII ENDED 31ST DECEMOER ZOIO
7. TAIIGIILE FIMED A55Ers
Pl4nt ond
rn•¢hln*ry
land •ftd
bulldlni•
Ah •t l*iJmuary 20
ddftu¥n
561.101
101.897
669,105
31A I)¢c¢mber 2020
(IEPRÉUaTION
•6 ai ￿ january 2010
Ch•fi¢ Ipr the y¢ar
181.610
11.76Y
154.449
Asat 3tst O¢ornber Z019
193,L114
75,Jll
211.J16
IIEf a￿% VALIJE
3141 ot￿mbEr 2010
As * 31st De￿rnber U119
OE8TOIIS.. AMOUIITS FAILIPIG DUE WITHIN ONÉ YEAR
2020
2019
Tr* deb￿r$
LUI
9. CAEDifoRS.. A•ADupifs FALUMG OUÉ WITMIII ONE YEAR
2010
201
Olhu rralltors

DEAN BANK A FEARYHILL LITERAHY INSTtTUTE
DFEfAILED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAA ENOED 31ST DECEMBER 1020
2020
2019
IP4COMING AESOURCES
Volunrary Ineorn
l)onaE10Th5
Grénts
Sub￿P1JVtss
1.960
I3.￿3
9.926
12,471
53.298
Alli￿leS lrnm ynerntiry funds
Qfe Oe Ferie
vivo
Furfou8h 8r4nts
2.591
8.254
7.499
726
12,915
10,980
Investment Tntorn
OEP05iI account Intere5f
3,538
B47
OtheT InEDmini resoufcE5
Gain on Sale of ian8ible fixed assets
foul incomini rE50Urtes
38.925
45.125
RESOURCES EXPENDED
Costs of Ienernrlni voluntary incum
Ways
Pension
Insuran
Ught and heal
Water raies
Telephone
P05ta¥e and statfjonery
Sundrles
Repairs and rnaintenance
Frfnd5hip clock
Cafe de Ferle
DCC Loa
Donation
Freehold praperty- Depreoaiion
Fixtures and fittin85- Oepreciarion
Cornputer equiprneni- Depreuation
17.211
JD6
1.175
2.653
334
810
21.JY7
l.179
3,107
359
475
16
42S
515
6.613
2.352
2.835
I,935
ii.a34
2.543
11.334
2.543
45.916
4S.615
The5t noies lorm part of these fiftinciol Statements

IWT•UD gT•fwiThT OP IIIIAIICIAi iCTivinr4

DEAN IIA.NX a FEARI HILL LITER4R) IPISTITL,'TE
CH41RMAY5 4yf4LIAL AEPUNT
FOR THE trE4R EYDED SI￿ DECEIIBER 21n
VIR Ch•w In for Ihc ChAr Its Fllnets" *bJ of clojll￿ tht ￿lId￿l In Mwc
2010 For mrrfl of 2020 buildmg *•6 £147*J h the kwblsc m Ime with Gowernmtni ReqUI￿￿￿S •nd •d¥E
Ilom ACRE •nd A¢tKM ￿lIthAl m•Je CON"ID yl"t. with h•Thl J•?iis¢r>
Kial diii•ncin8 mifornd *Ad a5essfnents *eTE C￿ed OUL 41though ¥omrnunic*io
Tn￿￿tr￿ umiinued throug￿1 the )c•r. [￿} sd 44erE keo to a fftinimum In Much thi
F1fv4NC F
T h¢ In6111utr generatrd v¢ry liryle incorne from room booking4 or from the Cafe de Ferit in tyO*O tht
clotsur¢. However. ¥ a rtiuli of the rnaturir) of our Narvl'esi Treasury DeposiT accowiL we were ablr tv retai
som¢ fvndj in th¢ curreTti as 2 coniingenc} fund and rein¥est £40.000 in the C.4F SLottish ￿ Id0￿.$ l )'e4r li
Term Dtpoyii Accouni Ai the end Stan of ?O?O work wenE ahead to refurbish baThr(ionis an41 flnoriD8 Ihrtnk
fvndin8 receiv¢d in ?019 from ihc AAP. The Friendship Clock. funded b) ￿oI￿lIcerS ￿.￿5 In Ihr %um
by Smiihy ol Derby. We received E l 0.000 from the Durham County Council Sm8118usinesy & lh¢ REt*il.
Hoipilolit). and Leisure Grani Fund in Ma} ?020 to cover operaiional cost5 and a DL C L.oLal Reqiiinal
Resiri¢iion Suppon (Jrani for £? 968 in November. We also successfijll). applied for ￿ AAP NL Iglihourhood
Budgei Fund grnnl to cover Vario￿ items includinti rnaterials io make the building COV I D secure and
Chri5tma5 lights display for the building io provide a much needed b005t fo Ihe local cnmmunil} In li?iuI we
recrived E19.6?Q in the form of grdllt5 and furloiigh payTnents. which made li possible ID cn¥er Liuf COS14 and
slay afloai.
USAGE Af4D DEVELOPMENT
Despite restriciions being in place for most of the year. we did briefly swt io reopen for groups Ih&i wi*h¢d I
return and could do SO safely durin? the summer. However when the 5ccond lockdown began wt were Lloled
groups once again. In realitv mosi ofour r¢gulor _￿0Up5, composed mainly of elderly and trulnernble people.
not wish io resume Iheir aclivities. The NHS Bariatics Service coniinued 10 be able 10 use our faciliiies for
of the year. A Food SAfety' course held for Instiwte volunieeT5 and members of ihe public Lm 14" Febrnl
ioio.
All ()f our voluniters. Trulites and staff deserve thanks for rheir foniiude and forebe*rdnce this ye•r ift wuy
chllllenginv circum51ances Ille hope for better things 10 come in 10? I
We look fon*'thl to the challen?es and OppOrn￿ltie) coming in ?O?O
Debra Kob
Ch*irnian of Trusiees
Ifl•w1021.
rhe
Ih¢x fin•)¢ial *