| Page | |||
|---|---|---|---|
| Trustees' Annual Report (Incorporating the |
Director's Report) | ||
| Independent Examiner's Report to the Trustees |
|||
| Statement ofFinancial Activities (Including |
Income and Expenditure | Account) | |
| Statement of Financial Position |
|||
| Notes to the Financial Statements | |||
| .The Following Pages Do Not Form Part |
ofthe Financial Statements | ||
| Detailed Statement of Financial Activities | 20 |
| Year En | ded 31 March | 2023 | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 6 | 6 | 6 | ||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 284,820 | 284,820 | 226,909 | |||
| Charitable activities |
6 | 2,938 | 34,992 | 37,930 | 12,123 | ||
| Investment income |
7 | 23 | 23 | ||||
| Total income | 2,961 | 319,812 | 322,773 | 239,032 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 8,9 | 2,337 | 273,469 | 275,806 | 258,679 | |
| Total expenditure | 2,337 | 273,469 | 275,806 | 258,679 | |||
| Net income/(expenditure) | 624 | 46,343 | 46,967 | (19,647) | |||
| Transfers between |
funds | 10,071 | (10,071) | ||||
| Net movement in funds |
10,695 | 36,272 | 46,967 | (19,647) | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 19,572 | 44,356 | 63,928 | 83,575 | ||
| Total funds carried | forward | 30,267 | 80,628 | 110,895 | 63,928 |
| 31 March | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Note | f | ||||||
| Fixed Assets | |||||||
| Tangible fixed assets | 14 | 1,524 | 3,601 | ||||
| Current Assets | |||||||
| Debtors | 15 | 11,809 | 38,855 | ||||
| Cash at bank and in |
hand | 98,522 | 38,673 | ||||
| 110,331 | 77,528 | ||||||
| Creditors: amounts | falling | due within | one year | 16 | 960 | t7,201 | |
| Net Current Assets | 109,371 | 60,327 | |||||
| Total Assets Less Current | Liabilities | 110,895 | 63,928 | ||||
| Net Assets | 110,895 | 63,928 | |||||
| Funds ofthe Charity Restricted funds |
80,628 | 44,356 | |||||
| Unrestricted funds |
30,267 | 19,572 | |||||
| Total charity funds | 18 | 110,895 | 63,928 |
| Donations and Legacies |
||||||
|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | |||
| Funds | 2023 | Funds | 2022 | |||
| 8 | 6 | |||||
| Grants | ||||||
| Tyne &Wear Community | Foundation | 21,510 | 21,510 | 49,928 | 49,928 | |
| Mercers Foundation | 25,000 | 25,000 | 25,000 | 25,000 | ||
| ESIF | 9,400 | 9,400 | 20,394 | 20,394 | ||
| Lloyds Foundation | 27,250 | 27,250 | 25,000 | 25,000 | ||
| South Tyneside Council - HAF programme National Lottery Community Fund |
19,493 30,102 |
19,493 30,102 |
35,800 | 35,800 | ||
| Awards For All |
9,132 | 9,132 | ||||
| South Tyneside Council - Digital Inclusion |
8,333 | 8,333 | ||||
| Church ofthe Latter Day | Saints | 3,793 | 3,793 | 2,256 | 2,256 | |
| Tudor Trust | 35,000 | 35,000 | 35,000 | 35,000 | ||
| Carers Response project | 9,248 | 9,248 | ||||
| Henry Smith Foundation | 30,000 | 30,000 | ||||
| Reach Fund | 8,000 | 8,000 | ||||
| LGA Foundation | 6,500 | 6,500 | ||||
| Bernicia Foundation | 10,000 | 10,000 | ||||
| Garfield Weston Foundation | 15,000 | 15,000 | 15,000 | 15,000 | ||
| Virgin Money Foundation | 33,000 | 33,000 | ||||
| Other grant income | 1,640 | 1,640 | 950 | 950 | ||
| 284,820 | 284,820 | 226,909 | 226,909 |
| 6. | Charitable | Activities | Activities | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||||||||
| Funds f |
Funds | 2023 f |
||||||||||
| STyneside | Health | Collaboration | - BAME Mental | |||||||||
| Health Support | 25,992 | 25,992 | ||||||||||
| STyneside | Council | - BAME | Mental Health | Support | 9,000 | 9,000 | ||||||
| Room hire | and other income | 2,938 | 2,938 | |||||||||
| 2,938 | 34,992 | 37,930 | ||||||||||
| Unrestricted | Restricted | Total Funds | ||||||||||
| Funds | Funds | 2022 | ||||||||||
| E | 6 | 6 | ||||||||||
| STyneside | Council | - BAME | Mental Health | Support | 9,000 | 9,000 | ||||||
| Room hire and other income | 3,123 | 3,123 | ||||||||||
| 3,123 | 9,000 | 12,123 | ||||||||||
| 7. | Investment | Income | ||||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||||
| Funds 6 |
2023 f |
Funds E |
2022 F |
|||||||||
| Bank interest receivable | 23 | 23 | ||||||||||
| 8. | Expenditure | on Charitable | Activities | by | Fund | Type | ||||||
| Unrestricted | Restricted | Total Funds | ||||||||||
| Funds | Funds | 2023 | ||||||||||
| f | 6 | 6 | ||||||||||
| Costs ofcharitable | activities | (see | page | 21) | 2,337 | 273,469 | 275,806 | |||||
| Unrestricted | Restricted | Total Funds | ||||||||||
| Funds | Funds | 2022 | ||||||||||
| F | E | |||||||||||
| Costs ofcharitable | activities | (see | page | 21) | 34,112 | 224,567 | 258,679 | |||||
| 9. | Expenditure | on Charitable | Activities | by Activity | Type | |||||||
| Activities | ||||||||||||
| undertaken | Total funds | Total fund | ||||||||||
| directly | 2023 | 2022 | ||||||||||
| E | 6 | |||||||||||
| Costs ofcharitable | activities | (see | page | 21) | 275,806 | 275,806 | 258,679 |
| Y | ear Ended 31 March 2023 | ||||||
|---|---|---|---|---|---|---|---|
| 10. | Net Income/(Expenditure) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 2023 | 2022 | ||||||
| F | |||||||
| Depreciation | oftangible | fixed assets | 2,337 | 2,391 | |||
| 11. | Independent | Examination | Fees | ||||
| 2023 | 2022 | ||||||
| 6 | 6 | ||||||
| Fees payable Independent |
to the independent examiner for: examination ofthe financial statements |
700 | 600 |
| Staff Co | sts | ||||
|---|---|---|---|---|---|
| The total | staff costs and | employee | benefits for the reporting | period are analysed as |
follows: |
| 2023 | 2022 | ||||
| F | f | ||||
| Wages and salaries | 148,903 | 136,679 | |||
| Social security costs | 5,643 | 11,030 | |||
| Employer | contributions | to pension | plans | 1,960 | 2,811 |
| 156,506 | 150,520 |
| The average head |
The average head |
count | of employees | of employees | during | the year was 9 (2022: 8).The average | the year was 9 (2022: 8).The average | number | of |
|---|---|---|---|---|---|---|---|---|---|
| full-time | equivalent | employees | during | the year | is analysed | as follows: | |||
| 2023 | 2022 | ||||||||
| No. | No. | ||||||||
| Number | of management | staff | 1 | 1 | |||||
| Number | of project | staff | 8 | 7 | |||||
| 9 | 8 |
| 14. | Tangible Fixed Ass | ets | ||||
|---|---|---|---|---|---|---|
| Fixtures | and | Computer | Office | |||
| fittings f |
Equipmentf | Equipment f |
Total f |
|||
| Cost | ||||||
| At 1 April 2022 | 6,803 | 12,885 | 20,370 | 40,058 | ||
| Additions | 260 | 260 | ||||
| At 31 March 2023 | 7,063 | 12,885 | 20,370 | 40,318 | ||
| Depreciation | ||||||
| At 1 April 2022 | 5,977 | 11,099 | 19,381 | 36,457 | ||
| Charge for the year | 271 | 1,786 | 280 | 2,337 | ||
| At 31 March 2023 | 6,248 | 12,885 | 19,661 | 38,794 | ||
| Carrying amount |
||||||
| At 31 March 2023 | 815 | 709 | 1,524 | |||
| At 31 March 2022 | 826 | 1,786 | 989 | 3,601 | ||
| 15. | Debtors | |||||
| 2023 | 2022 | |||||
| f. | ||||||
| Trade debtors | 10,817 | 17,581 | ||||
| Prepayments | 992 | 880 | ||||
| Accrued income | 20,394 | |||||
| 11,809 | 38,855 | |||||
| 16. | Creditors: amounts | falling due within one year | ||||
| 2023 | 2022 f |
|||||
| Trade creditors | 260 | 277 | ||||
| Accruals and deferred |
income | 700 | 600 | |||
| Social security and other taxes | 15,735 | |||||
| Pension creditor | 589 | |||||
| 960 | 17,201 |
| Analysis of Charitable F |
Analysis of Charitable F |
unds | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted funds |
||||||||
| At | At | 31 March | ||||||
| 1 April 2022 F |
Income | Expenditure E |
Transfers | 2023 f |
||||
| General fund |
15,971 | 2,961 | 9,811 | 28,743 | ||||
| Capital fund | 3,601 | (2,337) | 260 | 1,524 | ||||
| 19,572 | 2,961 | (2,337) | 10,071 | 30,267 | ||||
| At | At | 31 March | ||||||
| 1 April 2021 | Income f |
Expendituref | Transfers | 2022 f |
||||
| General fund |
45,091 | 3,123 | (31,721) | (522) | 15,971 | |||
| Capital fund | 5,470 | (2,391) | 522 | 3,601 | ||||
| 50,561 | 3,123 | (34,112) | 19,572 | |||||
| Restricted funds | ||||||||
| At | At 31 March | |||||||
| 1 April 2022 f |
Income f |
Expenditure f |
Transfers f |
2023 | ||||
| Church ofthe Latter Day Saints |
582 | 3,344 | (1,988) | 1,938 | ||||
| Community Foundation- |
||||||||
| Climate Change | Project | 9,000 | (7,575) | 1,425 | ||||
| Community | ||||||||
| Foundation:Volunteer | ||||||||
| Project | 697 | (581) | 116 | |||||
| Barbour Foundation | 812 | (812) | ||||||
| Lloyds Foundation | 2,727 | 27,250 | (19,292) | 10,685 | ||||
| STyneside Council- HAF Programme |
500 | 19,493 | (17,128) | 2,865 | ||||
| Garfield Weston | ||||||||
| Foundation | 3,092 | 15,000 | (13,395) | 4,697 | ||||
| Greggs Fund | 580 | 640 | (1,005) | 215 | ||||
| Carers Response project |
5,407 | (1,500) | 3,907 | |||||
| Community Foundation- |
||||||||
| Chai &Chat | 3,615 | (3,390) | 225 |
| Year Ende | d 31 March | 2023 | |||
|---|---|---|---|---|---|
| Analysis ofCharitable | Funds (ccnrinnen) | ||||
| Mercers Foundation | 25,000 | (25,000) | |||
| Tudor Trust | 35,000 | (35,000) | (11) | ||
| Woodward Trust |
|||||
| ESIF | 9,400 | (9,400) | |||
| STyneside Council- | |||||
| Digital Inclusion | |||||
| Commissioning | 8,333 | (7,849) | 484 | ||
| STyneside Council- | |||||
| Mental Health Support |
9,000 | 9,000 | (12,013) | 5,987 | |
| STyneside Health |
|||||
| Collaboration -BAME |
|||||
| Mental Health Support | 25,992 | (22,491) | 3,501 | ||
| Awards for All - Network |
|||||
| Aspire | 9,132 | (6,961) | 2,171 | ||
| Bernicia Foundation | 10,000 | (1,502) | 8,498 | ||
| Sewing class (via | |||||
| Community Fund) |
6,509 | (5,956) | 553 | ||
| Hadrian Trust |
1,000 | 1,000 | |||
| Henry Smith | 30,000 | (29,868) | 132 | ||
| LGA Foundation- | |||||
| Network Aspire |
5,000 | (3,596) | 1,404 | ||
| LGA Foundation- | |||||
| Winter warm packs | 1,500 | (458) | 1,042 | ||
| Men's Group (via | |||||
| Community Foundation |
5,000 | (5,000) | |||
| Reach Fund | 8,000 | (4,500) | 3,500 | ||
| National Lottery |
|||||
| Community Fund |
30,102 | (13,903) | 16,199 | ||
| Virgin Money | |||||
| Foundation | 33,000 | (33,152) | 152 | ||
| Winter Warmers (via |
|||||
| Community Foundation) |
10,000 | (170) | 9,830 | ||
| Ukraine Women Support |
450 | (196) | 254 | ||
| 44,356 | 319,812 | (273,469) | (10,071) | 80,628 | |
| At | At 31 March | ||||
| 1 April 2021 f |
Income f |
Expenditure f |
Transfers f |
2022 f |
|
| Church of the Latter Day | |||||
| Saints | 2,256 | (1,674) | 562 | ||
| Community Foundation- |
|||||
| Climate Change Project | 10,000 | (1,000) | 9,000 | ||
| Community Foundation- |
|||||
| Network Aspire |
1,873 | (1,873) | |||
| Community | |||||
| Foundation:Volunteer | |||||
| Project | 5,000 | (4,303) | 697 | ||
| Barbour Foundation | 3,780 | (2,968) | 812 | ||
| Lloyds Foundation | 25,000 | (22,273) | 2,727 | ||
| Community Foundation |
35,800 | (35,300) | 500 | ||
| Coalfields Regeneration |
|||||
| Trust | 4,011 | (4,011) |
| Year Ended | 31 March 2 | 023 | ||||
|---|---|---|---|---|---|---|
| 18. | Analysis ofCharitable | Funds | (caridriuei() | |||
| Garfield Weston | ||||||
| Foundation | 15,000 | (11,908) | 3,092 | |||
| Greggs Fund | 234 | 950 | (604) | 580 | ||
| Carers Response project |
9,248 | (3,841) | 5,407 | |||
| Community Foundation- Chai &Chat |
4,863 | (1,248) | 3,615 | |||
| Awards For All | 9,496 | (9,496) | ||||
| Mercers Foundation | 6,397 | 25,000 | (31,397) | |||
| Tudor Trust | 7,647 | 35,000 | (42,636) | |||
| Woodward Trust |
1,000 | (1,000) | ||||
| ESIF | 20,394 | (20,394) | ||||
| John Bell Strategic Fund | ||||||
| (via Community | ||||||
| Foundation) | 449 | 28,192 | (28,641) | |||
| STyneside Council- | ||||||
| Digital Inclusion Commissioning |
8,333 | 8,333 | ||||
| STyneside Council- | ||||||
| Mental Health Support | 9,000 | 9,000 | ||||
| 33,014 | 235,909 | (224,567) | 44,356 |
| Analysis of Net A | ssets Between Funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds f |
Funds | 2023 f |
||
| Tangible fixed assets |
1,524 | 1,524 | ||
| Current assets | 29,703 | 80,628 | 110,331 | |
| Creditors less than | 1 year | (960) | (960) | |
| Net assets | 30,267 | 80,628 | 110,895 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds f |
Funds | 2022 f |
||
| Tangible fixed assets | 3,601 | 3,601 | ||
| Current assets | 33,172 | 44,356 | 77,528 | |
| Creditors less than | 1 year | (17,201) | (17,201) | |
| Net assets | 19,572 | 44,356 | 63,928 |
| Year Ended | 31 March 2023 | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022f | ||||||
| Income and endowments | |||||||
| Donations and legacies Tyne &Wear Community Mercers Foundation |
Foundation | 21,510 25,000 |
49,928 25,000 |
||||
| ESIF | 9,400 | 20,394 | |||||
| Lloyds Foundation South Tyneside Council - |
HAF programme | 27,250 19,493 |
25,000 35,800 |
||||
| National Lottery Community |
Fund | 30,102 | |||||
| Awards For All |
9,132 | ||||||
| South Tyneside Council - |
Digital | Inclusion | 8,333 | ||||
| Church ofthe Latter Day Saints Tudor Trust |
3,793 35,000 |
2,256 35,000 |
|||||
| Carers Response project |
9,248 | ||||||
| Henry Smith Foundation Reach Fund |
30,000 8,000 |
||||||
| LGA Foundation | 6,500 | ||||||
| Bernicia Foundation | 10„000 | ||||||
| Garfield Weston Foundation | 15,000 | 15,000 | |||||
| Virgin Money Foundation Other grant income |
33,000 1,640 |
950 | |||||
| 284,820 | 226,909 | ||||||
| Charitable activities |
|||||||
| STyneside Health Collaboration - BAME Mental Health Support STyneside Council - BAME Mental Health Support Room hire and other income |
25,992 9,000 2,938 |
9,000 3,123 |
|||||
| 37,930 | 12,123 | ||||||
| Investment income |
|||||||
| Bank interest receivable | 23 | ||||||
| Total income | 322,773 | 239,032 |
| 2023 | 2022f | ||
|---|---|---|---|
| Expenditure | |||
| Wages and salaries Employer's NIC Pension costs Rent |
148,903 5,643 1,960 13,304 |
136,679 11,030 2,811 12,786 |
|
| Insurance Travel and volunteer costs Professional and consultancy Office costs Depreciation |
fees | 2,143 8,005 26,073 19,436 2,337 |
1,842 3,708 31,396 6,943 2,391 |
| Workshop costs Children's activities Staff training Other costs |
29,923 8,735 2,854 6,490 |
30,955 12,798 222 5,118 |
|
| Total expenditure | 275,806 | 258,679 | |
| Net income/(expenditure) | 46,967 | (19,647) |