| Trustees | Mr GM Black | |||||
| Ms SKWard | ||||||
| Mr J Grundy | ||||||
| Mr P Wood | ||||||
| Mr E Jubb | ||||||
| Dr DBCook | ||||||
| Dr RM Pears | ||||||
| Mr G Scott | ||||||
| Ms LConlon | ||||||
| Councillor J Stephenson | (Appointed | 18June 2021) | ||||
| The Very Reverend | GV Miller | (Appointed | 12October | |||
| 2021) | ||||||
| Charity number | 1165434 | |||||
| Company | number | 06373460 | ||||
| Registered | office | Fernwood House |
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| Fernwood Road |
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| Jesmond | ||||||
| Newcastle upon Tyne |
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| United Kingdom |
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| NE2 1TJ | ||||||
| Auditor | Robson Laidler Accountants | Limited | ||||
| Fernwood House |
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| Fernwood Road |
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| Jesmond | ||||||
| Newcastle Upon Tyne |
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| Tyne and Wear | ||||||
| England | ||||||
| NE2 1TJ | ||||||
| Bankers | Handlesbanken | |||||
| Earl Grey House | ||||||
| 75-85 Grey Street | ||||||
| Newcastle upon Tyne |
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| NE2 1TJ | ||||||
| Virgin Money | ||||||
| 5Cattle Market | ||||||
| Hexham | ||||||
| NE46 1NJ |
| Page | ||
|---|---|---|
| Trustees' report |
||
| Independent auditor's |
report | 10 - 12 |
| Statement offinancial |
activities | 13-14 |
| Balance sheet | 15 | |
| Notes to the financial | statements | 16-24 |
| Current financial year | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | |||||||
| 2021 | 2021 | 2021 | 2020 | |||||
| Notes | 6 | 6 | ||||||
| Donations and legacies |
2 | 51,120 | 102,651 | 153,771 | 376,143 | |||
| Charitab)e.~y)I(08 | ||||||||
| Ticket sales | 115,016 | 115,016 | 70,673 | |||||
| Investments | 3 | 147 | 147 | 573 | ||||
| Other trading activities |
4 | 41,349 | 41,349 | 24,875 | ||||
| Total income | 207,632 | 102,651 | 310,283 | 472,264 | ||||
| KmtttttiitutfttJttt; | ||||||||
| Raising funds | 5 | 12,049 | 2,768 | 14,817 | 9,977 | |||
| Charitable activities |
6 | 161,115 | 220,896 | 382,011 | 308,670 | |||
| Total resources expended | 173,164 | 223,664 | 396,828 | 318,647 | ||||
| Net incoming/(outgoing) | resources | before | transfers | 34,468 | (121,013) | (86,545) | 153,617 | |
| Gross transfers between |
funds | 1,019 | (1,019) | |||||
| Net income/(expenditure) | for the year/ | |||||||
| Net movement in funds |
35,487 | (122,032) | (86,545) | 153,617 | ||||
| Fund balances at 1 January | 2021 | 203,903 | 124,458 | 328,361 | 174,744 | |||
| Fund balances at 31 December 2021 | 239,390 | 2,426 | 241,816 | 328,361 |
| Prior financial | year | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| funds | funds | |||||||
| 2020 | 2020 | 2020 | ||||||
| Notes | 6 | 6 | ||||||
| nco e n |
n | om | ||||||
| Donations and |
legacies | 2 | 164,200 | 211,943 | 376,143 | |||
| @la/ita)t)tta~iti~e | ||||||||
| Ticket sales | 70,673 | 70,673 | ||||||
| Investments | 573 | 573 | ||||||
| Other trading activities |
24,875 | 24,875 | ||||||
| Total income | 260,321 | 211,943 | 472,264 | |||||
| mEtggfllttttttJ20. | ||||||||
| Raising funds | 9,678 | 299 | 9,977 | |||||
| Charitable activities |
222,568 | 86,102 | 308,670 | |||||
| Total resources | expended | 232,246 | 86,401 | 318,647 | ||||
| Net incoming/(outgoing) | resources before transfers | 28,075 | 125,542 | 153,617 | ||||
| Gross transfers | between | funds | 4,158 | (4,158) | ||||
| Net income/(expenditure) | for the year/ | |||||||
| Net movement | ln funds | 32,233 | 121,384 | 153,617 | ||||
| Fund balances | at 1 January | 2020 | 171,670 | 3,074 | 174,744 | |||
| Fund balances | at 31 December 2020 | 203,903 | 124,458 | 328,361 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | f | ||||||||
| Fixed assets | |||||||||
| Tangible assets | 13,512 | 7,388 | |||||||
| Current assets | |||||||||
| Stocks | 12 | 7,512 | 10,682 | ||||||
| Debtors | 13 | 11,420 | 110,522 | ||||||
| Cash at bank and | in | hand | 240,886 | 234,463 | |||||
| 259,818 | 355,667 | ||||||||
| Creditors: | amounts | falling | due within | ||||||
| one year | 14 | (31,514) | (34,694) | ||||||
| Net current | assets | 228,304 | 320,973 | ||||||
| Total assets less | current | liabilities | 241,816 | 328,361 | |||||
| Income funds | |||||||||
| Restncted | funds | 15 | 2,426 | 124,458 | |||||
| Unrestricted | funds | —general | 239,390 | 203,903 | |||||
| 241,816 | 328,361 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| general | general | ||||||
| 2021f | 2021 5 |
2021 | 2020 E |
2020 5 |
2020 | ||
| Donations and gifts |
218 | 218 | 272 | 272 | |||
| Grants | 50,902 | 102,651 | 153,553 | 163,928 | 211,943 | 375,871 | |
| 51,120 | 102,651 | 153,771 | 164,200 | 211,943 | 376,143 | ||
| Grants receivable for | |||||||
| core activities | |||||||
| Government restart |
20,000 | 20,000 | |||||
| HMRC Charities | 2,477 | 2,477 | |||||
| Job retention scheme |
4,129 | 4,129 | 39,409 | 39,409 | |||
| Tiered restrictions | 5,485 | 5,485 | |||||
| Winter business | 18,811 | 18,811 | |||||
| Culture recovery | fund | 102,651 | 102,651 | 206,700 | 206,700 | ||
| Heritage fund |
79,100 | 79,100 | |||||
| Newcastle CC |
42,419 | 4,000 | 46,419 | ||||
| Costumes for live |
|||||||
| interpretations | 1,243 | 1,243 | |||||
| Tourism | 3,000 | 3,000 | |||||
| 50,902 | 102,651 | 153,553 | 163,928 | 211,943 | 375,871 | ||
| Investments | |||||||
| Unrestricted | Unrestricted | ||||||
| funds | funds | ||||||
| general | general | ||||||
| 2021 | 2020 | ||||||
| F | |||||||
| Interest receivable | 147 | 573 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| general | general | ||
| 2021 | 2020 | ||
| E | |||
| Other | income | 4,813 | 8,178 |
| Event | income | 5,030 | 3,650 |
| Venue | income | 17,120 | 1,816 |
| Retail | 14,386 | 11,231 | |
| 41,349 | 24,875 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| general | general | |||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| f | 6 | 6 | ||||||
| ~Rai iZgf~ | ||||||||
| Operating | charity shops | 8,250 | 167 | 8,417 | 7,588 | 299 | 7,887 | |
| Other trading | activities | 3,799 | 2,601 | 6,400 | 2,090 | 2,090 | ||
| 12,049 | 2,768 | 14,817 | 9,678 | 299 | 9,977 |
| Charitable | Chantable | ||||||
|---|---|---|---|---|---|---|---|
| activities | activities | ||||||
| 2021 | 2020 | ||||||
| F | |||||||
| Staff costs | 257,607 | 237,741 | |||||
| Depreciation | and | impairment | 8,807 | 2,855 | |||
| Rates and | water | 571 | 605 | ||||
| Insurance | 6,263 | 6,365 | |||||
| Light and | heat | 5,199 | 5,704 | ||||
| Telephone | 1,749 | 1,881 | |||||
| Postage and | stationery | 1,205 | 449 | ||||
| Marketing | and | publicity | 35,968 | 10,723 | |||
| Sundries | 10,614 | 3,956 | |||||
| Travelling | 304 | 311 | |||||
| Training | 872 | 180 | |||||
| Repairs | 40,595 | 15,921 | |||||
| Card machine | charges | 4,151 | 3,446 | ||||
| 373,905 | 290,137 | ||||||
| Share of support costs (see note 7) | 4,866 | 15,293 | |||||
| Share of governance | costs (see note 7) | 3,240 | 3,240 | ||||
| 382,011 | 308,670 | ||||||
| Analysis | by | fund | |||||
| Unrestricted | funds | —general | 161,115 | 222,568 | |||
| Restricted | funds | 220,896 | 86,102 | ||||
| 382,011 | 308,670 |
| Support | co | sts | ||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2021 | Support | Governance | 2020 | |||
| costs | costs | costs | costs | |||||
| 6 | 6 | f | 6 | |||||
| Payroll fees | 1,112 | 1,112 | 3,246 | 3,246 | ||||
| Professional | fees | 3,754 | 60 | 3,814 | 12,047 | 12,047 | ||
| Audit fees | 3,180 | 3,180 | 3,240 | 3,240 | ||||
| 4,866 | 3,240 | 8,106 | 15,293 | 3,240 | 18,533 | |||
| Analysed | between | |||||||
| Charitable | activities | 4,866 | 3,240 | 8,106 | 15,293 | 3,240 | 18,533 |
| Net movement | Net movement | in funds | 2021 | 2020 | |
|---|---|---|---|---|---|
| 6 | |||||
| Net movement | in funds is stated | after charging/(crediting) | |||
| Fees payable | to the company's | auditor for the audit ofthe company's | |||
| financial statements | 3,240 | 3,240 | |||
| Depreciation | ofowned tangible | fixed assets | 8,807 | 2,855 |
| The average | mont | hly number ofemployees during the ye |
ar was: | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Number | Number | |||
| Management | and | administration | 17 | 17 |
| 10 | Employees | (Continued) | ||||||
|---|---|---|---|---|---|---|---|---|
| Employment costs |
2021f | 2020f | ||||||
| Wages and salaries | 237,502 | 220,028 | ||||||
| Social security costs | 12,106 | 10,147 | ||||||
| Other pension costs | 7,999 | 7,566 | ||||||
| 257,607 | 237,741 | |||||||
| Key management remuneration |
totalled | f45,600 (2020:f41,600) | ||||||
| There were no employees | whose annual | remuneration | was more than 860,000. | |||||
| 11 | Tangible fixed assets |
|||||||
| Computersf | ||||||||
| Cost | ||||||||
| At 1 January 2021 | 19,289 | |||||||
| Additions | 14,931 | |||||||
| Disposals | (907) | |||||||
| At 31 December 2021 | 33,313 | |||||||
| Depreciation and impairment |
||||||||
| At 1 January 2021 | 11,901 | |||||||
| Depreciation charged |
in the year | 8,807 | ||||||
| Eliminated in respect ofdisposals |
(907) | |||||||
| At 31 December 2021 | 19,801 | |||||||
| Carrying amount |
||||||||
| At 31 December 2021 | 13,512 | |||||||
| At 31 December 2020 | 7,388 | |||||||
| 12 | Stocks | |||||||
| 2021 F |
2020f | |||||||
| Finished goods and goods | for resale | 7,512 | 10,682 |
| Debtors | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Amounts falling due |
within one year: | 6 | 6 | |
| Trade debtors | 3,976 | 600 | ||
| Prepayments | and accrued income | 7,444 | 109,922 | |
| 11,420 | 110,522 | |||
| Creditors: amounts | falling due within one year | |||
| 2021 | 2020 | |||
| Other taxation | and social security | 3,969 | ||
| Trade creditors | 4,681 | 5,497 | ||
| Other creditors | 15,124 | 13,772 | ||
| Accruals and deferred | income | 11,709 | 11,456 | |
| 31,514 | 34,694 |
| Movement in funds |
Movement in funds |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Transfers | Balance at | ||||||
| 1 | January | 2021 | resources | expended | 31 December | |||||
| 2021 | ||||||||||
| 6 | ||||||||||
| CCTV | 218 | 218 | ||||||||
| Defibnllator | 1,644 | 1,644 | ||||||||
| Explorers | 430 | 430 | ||||||||
| Costumes | 1,243 | (1,109) | 134 | |||||||
| Culture | Recovery | Fund | 20 | 120,923 | (124,719) | 3,796 | ||||
| Culture | Recovery | Fund | 21 | 102,651 | (97,836) | (4,815) | ||||
| 124,458 | 102,651 | (223,664) | (1,019) | 2,426 |
| 16 | Analysis ofnet assets | between | funds | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| funds | funds | funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| 8 | F | 6 | F | 6 | ||||
| Fund balances at 31 | ||||||||
| December 2021 are | ||||||||
| represented by: |
||||||||
| Tangible assets | 13,512 | 13,512 | 7,388 | 7,388 | ||||
| Current assets/ | ||||||||
| (liabilities) | 225,878 | 2,426 | 228,304 | 196,515 | 124,458 | 320,973 | ||
| 239,390 | 2,426 | 241,816 | 203,903 | 124,458 | 328,361 |