Company ttgI$i￿10n n￿)ber. CE008013 Clwity ￿lsU31l0￿ lluthb¢r. 1169484 Parent and Child Together North East forthe Yur F.ndcd 5 April 2023 Parent amd Child Together North East CollteDts Rcfuetlce arul Admini5traiive Dttsi]s Ind¢wKEent Extmintls Rwjrt Th]str¢8' Re￿rt 3to5 St&tem￿l of Thistws. Responsibililiro Sthtement ofFirtati¢id Activities Bd2n¢x SFtt¢ 8t09 Notss tn th¢ Financial St*¢ments Ioto IS 14rent and Child Together North East R¢fer¢n¢e #nd Admlnistrative Details Pamela Birtle Elliott Jickie EllirrtL Tr¢a5ur FAgie H￿1¢. Reglgttted Office DL2 IQE CE008013 Comp*•y R¢gbtr*tlDn Nwib¢r Ch*rlty Re*trAtlon Nuwb¢r 1169444 Th¢ ¢b•rity 1$ iKorpornkd in En8l•nd. JWSrnith&CoL Charterd A¢ for do￿￿[U1 rec¢ivable8. An allowance for impainnent is made where th¢rt is gn id*ntifLed 1089 event based on Fyevious ¢xperieJw 1$ eviden¢e of a reduai(m itt th¢ rttovcrabilily ofthe c4$h lkn¥s. The Lr¢dit risk on liquid funds Afbd derivati￿ fina￿1•1 illslrunths is limited b¢¢aux the wunr¢rp*rties are b￿kS with high ¢ftdit-ra¢tngs tssi8n>J by iniern4ional credit-ratttL8 •8encies. Th¢ Charity has 5ignifKani c4)ncen￿l[l￿ of crtdit risk. with exp)swe gEKe4d over • I￿e number of unterport1￿ Ind ￿￿rne￿. Llyldity rljk In ordu to in4inrain liquidity 10 ¢nsurc sufficiem fvnd5 ar¢ available f(t I￿80m& opu*tK)ns and firture developments, th¢ fjharity use8 1 rnixiure of lon8-tyTh short-t¢nn debl finance. Funh¢r d￿￿[S r¢gardin8 liquidity ri$k be fouNI in th¢ of ￿11¢1￿ in the fmthcia] stal¢moxJts. Parent and Chlld Together North East Tru5tees' Reybrt The ormual reportwas apw0y￿d by the tru5tces of dwiry on 22 j￿￿Y 2￿4 and on its behttlf by., Trevor Byrtlc Tn]sitt I￿￿ckle Elliotl Page 5 Parent and CA￿4 Together North E St*temeDt of Trnsteu, Rupgnslbultles Thc In￿ (wkn ar¢ a]$0 the di￿0￿8 ofPareDt Thild Togdher N{￿ FA5t fff the puryyjw of compRny lawl ore r&8wiTrJk for preparing the tr￿8￿1. aod tk fmanc1￿ skteme4ts in ockn wrth the United KiDgik*tJ Ac¢(ttmtitsg StaDdArds (United Kijbthi G¢trr8lly Acccptuj Pwtsce) Ind ￿p11￿1¢ law Ml rtgu1￿10D& the trustees mu# not approv¢ the ststunults th¢y Ar¢ uitsficd that ihcy give a Iru¢ and faw view of rhe si8t¢ of $ff8iTS of th¢ chan"4bl¢ ithnpany and of its in¢omin8 re*)uwa and application of resource4, including its i￿Ome a￿1 ¢xpendittw4 foT In wEp4riDg t￿¢ the ar¢ Yequired ￿. B¢le¢i suithbk accouniin8 ￿11¢105 and wly ¢OWi¥tsntly. oE*awe the m¢thL¥lu pnncipl¢8 in th¢ C1witie4 SORP.. #tlte whether appli¢abk UK Accounkng Standards bEeD folw wbiKt to Iny mthrial disclosd exp141ned m tbe Jtstcmets. apd prepar¢ the financial sraterrthts on the goiThB b￿1# unlo1 1¢ li inaryopriate to prcéume thst the cbaritsblc CoMp￿Y will gjntioue in cbfftritable ¢omptsD￿$ tramactiow l￿d di•¢kn¢ with ft*￿￿&ble ￿￿rIcY w Illy time the fin￿cID1 wsition of the charithl¢ LoW￿Y aThl Q￿ble to that Ibe f￿a￿l*l wnply with the CoTntrgm"ts Act 2￿6. They are a180 rUp0M￿l¢ f(Y ￿fegUardID8 of the ¢￿T[￿ble heTK¢ for lakins rrasonabie Btw for the w¢ventiofj Ind dd¢£t￿ o(Itaud and other itt¢8ulwttt Approv¢d by the Ift￿ of the Ch￿lty 22 2024 liyd its t¢h8lf by.. Tr¢vor Btrile Trustee Jackie Ellirtt P•rent and Child Together North EL%t Stst¢melll of FID￿ClaI Aetiviti¢s for th¢ Year Ended 5 April 2023 (IDcludSng Income and Expellditure Accoullt Statemettt of Total Recogni￿] Gains and Losses) Totsl 2•23 fwids Intomt EndowJDeDts fmh.. Donation5 aThd leRacies 235.352 Tsjtal irK¥)me 235.352 235.352 Expwiditure on: Other ¢xpcnditur# Total txpenditiue Net In￿Me Tr8nsfen betwwn ffijnds 21,138 221,138 l.lJ8 221,138 14214 117,39) 14,2J4 117.399 N¢1 mov¢menl in fi￿d5 131.613 {117.399) 14.214 R•tonclll*thM of Tot81 funds brought fonThYrd I l?J99 117.399 Totsl fvnds forward 10 J31613 131,613 Tts￿1 2122 fund# N•¢e Intottbe And Endowm•nt# from: Donaiions Bnd lewie5 Totsl Èncorne 196,589 196589 xpwdlture on: Other expenditur¢ 207.839) 207,838 Totsl eXp￿di￿re Net ¢xpeDditure 207.838 207,838 11249 (11249) (11.2491 Reeo*elllAtlott of fvthd• Totsj funds brrAL8ht forward 128.648 128,648 117 All of the charity'8 vK¢ivi¢i¢s de¢iv¢ from ￿¢￿rtin￿l￿g opuatiom duriD8 th¢ th)veMI pcriodj. Th¢ fi)n& breakdown for 2023 is ID n(4e 10. Th¢ Nrte8 pages 10 to 15 forni 8Th integral pArt of the8¢ fitw¢ial s¢thmats. Parent and Child Together North East (RegistrAtioD number. CEIMb8013) B*lance Sheet as *t 5 April 2023 2•23 2022 N9t¢ Fixed Tangible assets 112201 112201 C￿rr¢￿t •uets D¢bfors Cash &t bankand in hathd 27.177 62.378 27.177 Credltors." Amoumts f•Uithi d￿¢ wAthl• one ye•r Ntt e•rre#t asxts 35.490 27,177 To¢•1 auets lem eum*t Ihblllti 147.691 139.378 Crtdhon: Tal￿ due more th•* otttyt*r 21.979 1*gets 131.613 117.399 FundJ of th¢ th•rlty: Re4trkted io¢•me ReStri￿eAl 117,399 Uthrt$trl¢t¢d Intome Unre5tric*d funds 131.613 Tot•l fun 131.613 117.399 For the year endin8 S April 2023 the th#rity entiti¢d to ¢Xl￿FIl0￿ from audit urtder 477 of th¢ Componiex Art 21J06 ￿latIng to WLaJl comwies. DireeÈoTS' rtaponsibilitiu.. The membery have n(* Yequired the ¢hty lo olxaiD ¥n wdit of its •¢nsistentty •ppliedto all th¢ y¢•rn Pres￿￿ unless otherwis¢ stat¢d. St•teMeRt of e•mtAiawte Th¢ fithan¢ial statcmcnts have beu prerATtd in ara)rthn¢¢ *ith A(tAYJfttin8 gnd R¢wtin8 by Charities.. Stat¢ment of Rcwmmended Practi￿ to charities PTCPfithg th¢ir a¢¢wnts in accordance with thc Financial Rewrtiti8 Standard applicable in th¢ UK and Republir of Iw¢14nd {FRS IIJ2)1 (issued in Octtsber 2019) . ICh*ritiu SORP IFRS 10211 th¢ Financi•l Rwing Standard •ppliethle in Ihe UK and Republic of Irelwjd (FRS 102) and the Compni¢s 2006. Buil of pre￿ratIO Parent llnd Child To8etherNorth mttts the deftnition of a public bu*fit entity under FRS 102. A59cts and liabilities are initialty at histori￿] cost or u4nwtion W￿￿¢ otherwiye $tsted in the relevant T￿l)untIng policy Mtei. G•thff ¢one•rn lthe tn]stees ronsid¢r that theTe are ￿ ma￿1&1 ull¢¢rlaintiC5 about ¢hwityJ abilily to continue L gtiin l￿￿¢[￿ noroThy st￿lf1￿￿ aT¢a5 of uu¢¢rtw th&¢ affe¢t the ¢arryin8vwlue of held by the Charity. lthtom• •lld eDdowmtAts All incom¢ is on¢¢ lh¢ ¢harity hD5 entirteTnert ty the inwrn4 tl ts probable th*t the irK•me will b¢ r¢¢¢ivd and the ￿0￿￿1 of th¢ income receiv￿1¢ b¢ meagured reliably. DoM*lons oAdleKthda Lkn8tions Ire ffco8nis¢d kn the chtrÉty hAS b¢¢n tthifid WTiting of lth th¢ anwunt and settle￿￿ni date. In th¢ ¢vent tha¢ a &)natiort is stsbjed ￿ ¢onditioTL8 that requirt a level of t¢rformance by the thuiiy before the ctharity 15 entitled ￿ the fund4 the Ift￿ is def¢trtd ond M recognIs￿ until either I1￿$t c¢￿]110￿5 are fvlly m¢i or the fvlfjiment of tho$e cotmliiiorts i% w]M)Ily ￿thin the wnttol of tht ¢htirity and it is probable that thue ndilions will be fvifilled in the r¢wtin8 Gmnts recelvable ar&ni$ are re¢ognisd the ¢hwity h•$ entitlenxllt to the fullds wry ¢oThJitioll8 ]ink¢d ￿ th¢ h8vc bEtn md. wh￿ wfornwlce conditions thrt •ll￿h¢4 to the Rf8nt and arc yet to be the incomc is 8niged a¥ a liability *tLd in¢lwl¢d OD the balance sF*et ￿ d¢f¢rr¢d be Ttleawd. Parent aDd Child Togethtr North East Notes to the Financial Statsmeats for the Year Ended S April 2023 Glfts lff klnd Gifi$ ith kithd we r¢¢ognisal ID differ¢Dt whys d¢pMd¢nt on knw they we used by the Ch￿lty. lil Those donatod for TES￿* prtKlu¢¢ ir¢othe when they are sold. Try ar¢ valua ￿ the •mo￿l Irtually realised. (li) Th05t donat¢d for onward traDsmissioD to ben¢fKiari¢s *¢ included in the Ststement of Financial Activities tneoming resouTCCS Ind resouwes ￿pended when they are di￿lbul￿j. They aye Val￿￿1 81 th¢ omouN the charity haw¢ had to pay to aquire thuD. {iii) Those donatrd for use by the charity itself w¢ tlleluded whett rec¢ivabl¢. They aT¢ valued at the amou￿ the ctkBTity would hav¢ h*1 to pay to acquire them. DowottdJen4e*s Mdf4dlAda Where serviceg or faciliti¢s are proYideA to the ¢h•rity as a d￿atIOn that ￿rMallY b¢ purthased from our suppliers. thi$ kn¢fit is Includ￿ in the fiD•Dcid ststrnts it iv8 hir unless irs fw'T valy¢ cannot be liably mcasurry], th¢n 4t th¢ ¢ost to the donor ￿th¢ Trswl¢ valLK of 8o)ds that ar¢ to be Sold. Gljl eld Incoming rtsour¢¢J fmm rediims *• In¢1￿ IA th¢ statenW￿ of Fin*¢id A¢ttvities ai the same time as the gift to which tlKy rei*te. KJpeodlÈure All expenditure is r¢wgni*d 0[￿¢ thwe ￿ a kyl or con51nKiiv¢ obli88tion to thAt ex￿ditur¢, it 1$ probthlE settltment is rnquiroj aThJ the b¢ Dleasurtd reli4bly. All ￿$ts are ailcKBted to the applicable ¢xpenditure heading 48gr¢8ate similllr costs to ￿¢Bory. Where costs cannot b¢ dire¢tJy ottribut•d io pllrticul￿ headitt8s they httve been ￿10￿ on a bwsis consi8*ni with th¢ Ltse of reyourcffj with centsxl staff ¢osts allocated on th¢ b￿LI of time speDL d¢pre¢iatioD ¢har8es all¢￿tty] on the FKlrtion of the aM¢t's use. Oth¢r support ¢osts Are ￿k￿lted based on of**ff LX)Sts. Support ¢0 Support co¥ts includ¢ ¢¢ntr￿ funaions and have bccn allo¢atol to %tivity cosl c&tcgorics on a basis consi$t¢ni Wbth lh¢ u8r of r¢gollrces. for examplo Alloc￿Ill￿ pYop¢ny c(4ts by flLx)r *[￿8. or p¢r ¢apit4 $tsff ¢osts by the tim¢ sp¢nt and other costs by their usag T•nglble Jndividual fixed w¢ts we initially r¢ty)rtsJ Itss any *¢¢wnul¥J¢d d¢pyeei*ion subwuent accumulated iM￿1rMe￿t loss¢J. D¢predatl•n and *mortkn•tloll Depreciation 15 provided on t&n&ible fixed 80 U to write off the ctht or vduatioffj i¢u w ellimted idual Val￿ over their ¢xpeaed wefui ￿￿HnEC life as hllows: Pwil Parent rdDd Child Together North East Notes to tbe Fin4ll¢ial Ststcments for the Year Ended 5 AprS12023 Trade debton Trndr d¢btors *n(wJnts due frDffi CWtLMnm x)Id or wvitts pttfomKd in the ordinary cour5eof IMLqitLe&4. Trnde d¢b￿r9 r¢¢ognIS￿ initialty at thE kn￿￿110n price. They are JubJ¢quemtly M¢UUr￿ at an￿rtISed WBt using thc cffective intertst meth￿{ less provision for Impainno￿ A [￿VISi1￿ for th¢ 1tnpgi￿ent of trade debtors is established whth tI￿re ij objective ewd¢tt¢¢ th•t th¢ ¢hwity will not bc able ty collect dl amoutts dts¢ •o¢4rdinB to the ori81￿1 ofth¢ Calh attd ¢*oh equlnl¢thts c￿ and ¢a8h ¢qiiivaients L￿mprIs• Gash on haThl and ¢411 dep05ity and other Jhort-terni hi8hly liquid investments that ar¢ r¢&lily conv¢nibk w a kwwn of ¢asb and ar¢ subjea itt8i8Dificwrt rixk of ¢hang¢ in value. TMd¢ creditor¥ Trade ¢r¢diwrs aye obligati￿￿ to pay for goodl ijr I￿1C