## **DIFFERENCE CIO**
**ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2022**
**Charity Number 1170789**
## **DIFFERENCE CIO**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
For the year ended 31 December 2022
`
|**Contents**|**Page**|
|---|---|
|Trustees annual report|1 to 5|
|Independent examiners report|6|
|Statement of Financial Activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 to 16|
## **DIFFERENCE CIO**
## **TRUSTEES ANNUAL REPORT**
For the year ended 31 December 2022
The trustees are pleased to present their annual report together with the financial statements of the charity for the period ended 31 December 2022, which are also prepared to meet the requirements for a Directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019).
## **Chair’s Report**
This has been another excellent year for Difference. This year marks the first year of implementing delivering difference across the North East, funded by the National Lottery Community Fund, until 2024.
We have won our first prize of North East Charity Outstanding Contribution to Social Change Award at North East Charity Awards hosted by VONNE. We took this award to be a ratification of the work that we do across the region from our peers, and we thank them for that.
We have included hour annual report to the National Lottery, which exists as a short video which we invite people to watch:
https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D8 CdJmROLm8I&data=05%7C01%7Clynn.stoddart%40tnlcommunityfund.org.uk%7C32335d14f7654e2720e408 da68cf1430%7C5d89e35eee9447b494085ccf4e249aae%7C0%7C0%7C637937535845539575%7CUnknown %7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C30 00%7C%7C%7C&sdata=J%2F4kTESBkvX03g6i5zsnxAlKU6vzutbeDK9HBKIFhjk%3D&reserved=0
I would like to thank our Trustees, volunteers, staff, members and partners for their valued contributions over the year. I would also like to thank the National Lottery Community Fund for their continued support, which makes our work possible.
Caroline MacDonald
Chair – Difference North East
1
For the year ended 31 December 2022
## **DIFFERENCE CIO**
## **TRUSTEES ANNUAL REPORT**
## **Objectives and Activities**
Difference is a unifying disability rights organisation that aims to represent disabled people in the North East of England and works to bring about significant and lasting social change. We are the first disability rights organisation dedicated solely to campaigning for disability equality covering the North East since the 1990s saw the closure of Disability Action North East. To achieve our objectives of increasing equality and tackling discrimination, we will:
1. Raise awareness of disability discrimination and influence public opinion and policy.
2. Represent and speak out about the needs and concerns of disabled people.
3. Use research as a tool to raise issues and influence change.
4. Mobilise disabled people to collectively advocate.
Difference grounds its ideas within the social and affirmation models of disability. It identifies disability as the personal experience of physical and social barriers, which exclude people with impairments from full participation in ordinary community life. The affirmation model takes a view of disability and impairment that encompasses positive social identities. It identifies impairment as a characteristic of human difference to be expected and respected on its own terms.
## **Achievements and Performance**
We have produced a video to reflect our achievements on performances this year and we hope it is a more accessible format for interested parties.
## **Plans for Future Periods**
Our plans for the future include developing a disabled climate change action forum, advancing our employment related work and other campaigning objectives which build on our members priorities identified at our launch event, namely:
- Improving the voice, influence and participation of disabled people.
- Increasing employment opportunities for disabled people.
- Improve public awareness through education and training.
- Improve access to physical and digital environments.
- Continue to monitor the impact of COVID-19 and campaign for disabled people’s rights.
2
For the year ended 31 December 2022
## **DIFFERENCE CIO**
## **TRUSTEES ANNUAL REPORT**
## **Reference and administrative details of the charity, its trustees and advisors**
Charity Name Difference CIO 1170789 Registered Charity Number 33 Forest Avenue Operational address Newcastle Upon Tyne NE12 9AH Trustees Caroline McDonald Chair David Barker Treasurer Gillian Lathan Secretary Nicky Erevik Valerie Milnes Independent Lilian Hetherington FCA Examiner Connected Voice Business Services Ltd One Strawberry Lane Newcastle upon Tyne NE1 4BX
## **Structure, Governance and Management**
## Governing documents
Charitable Incorporated Organisation - Foundation Model - whereby the only voting members are the charity Trustees. We have adopted the Charity Commissions Model Constitution to ensure we comply with the Charities Act 2011 (the 2011 Act) and the General Regulations. This helps us to ensure we:
- Reflect recommended best practice; and
- Are legally compliant
## Appointment of Trustees
Trustees are appointed for their individual knowledge, experience and skills that are considered essential to ensure the charity’s effective administration and its continued sustainability, growth and development. Trustees are appointed by the Board of Trustees in a properly convened meeting. Trustees are also screened using a needs and skillsets assessment. This approach enables us to:
- Ensure we have the right skills mix on the Board to meet the administrative needs of the charity
- Ensure we do have a range of Trustees from diverse professional backgrounds to build knowledge and skills
- Mitigate any potential risks or threats to the charity, as far as possible; and
- Reduce, as far as is possible, the potential for any conflicts of interest with each Trustee and their existing professional occupations.
3
For the year ended 31 December 2022
## **DIFFERENCE CIO**
## **TRUSTEES ANNUAL REPORT**
## Organisation
The Trustees meet each quarter and deal with the administration of the charity encompassing the strategic vision, financial accountability and risk management. The operational management of the organisation is undertaken by the paid staff team.
## Risk management
The Trustees have conducted a review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
## **Statement on Public Benefit**
The charity carries out a wide range of activities in pursuance of its charitable aims. The Trustees consider that these activities, summarised above, provide benefit both to those who directly receive services, and the wider community in the North East of England. The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.
4
## **DIFFERENCE CIO**
## **TRUSTEES ANNUAL REPORT**
For the year ended 31 December 2022
## **Financial Review**
Difference CIO is primarily funded by grants. The total income for the year was £101,394 (2021: £67,892). This income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice.
The Statement of Financial Activities for the year ended 31 December 2022, shows a net surplus across all funds of £25,022 (2021: £1,317).
The Balance Sheet at 31 December 2022 shows total fund carried forward of £42,830 (2021: £17,808) of which there are £21,593 restricted funds (2021: £10,814).
## Reserve policy
Difference CIO has established a policy whereby the unrestricted funds not invested in fixed assets held by the charity should be between three and six months of annual expenditure. At 31 December 2022 the free reserves are currently £21,237 (2021: £6,994l) fell short of this target level, the trustees are aware of this and will be building up reserves with planned operating surpluses.
## **Statement of Trustee Responsibilities**
The charity trustees are responsible for preparing a trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The charity trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources. In preparing financial statements, the trustees are required to:
- Select suitable accounting policies and apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on: 23.10.23 and signed on their behalf by:
Caroline McDonald Chair
5
## **DIFFERENCE CIO**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 December 2022
I report on the financial statements of Difference CIO for the year ended 31 December 2022, which are set out on pages 7 to 16.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- h examine the accounts under section 145 of the Charities Act,
- h to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- h to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- h the accounting records were not kept in accordance with section 130 of the Charities Act; or
- h the accounts did not accord with the accounting records; or
- h the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a "true and fair" view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Lilian Hetherington FCA Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE1 4BX
Date: 23.10.23
6
## **DIFFERENCE CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 December 2022
|6
Other trading activities
7
**Expenditure on:**
8
Operation of the charity
**_Total expenditure_**
**_Net income/(expenditure) and net_**
**_movement of funds_**
Charitable activities
**_Total income_**
**Income from:**
Charitable activities
Grants and contracts
Notes
**_Total funds carried forward_**
**Reconciliation of funds**
Total funds brought forward|Unrestricted
Funds
£
14,640
4,670
19,310
5,067
5,067
14,243
6,994
21,237|Restricted
Funds
£
82,084
-
82,084
71,305
71,305
10,779
10,814
21,593|**Total**
**2022**
**£**
**96,724**
**4,670**
**101,394**
**76,372**
**76,372**
**25,022**
**17,808**
**42,830**|Total
2021
£
64,803
3,089
67,892
66,575
66,575
1,317
16,491
17,808|
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 9 to 16 form an integral part of these financial statements.
7
Charity Number 1170789
## **DIFFERENCE CIO**
## **BALANCE SHEET**
As at 31 December 2022
|**Fixed assets**
Tangible assets
15
**_Total fixed assets_**
**Current assets**
Debtors
16
Cash at bank and in hand
17
**_Total current assets_**
**Creditors:**amounts falling due within
one year
18
**_Net current assets_**
**_Total net assets or liabilities_**
**Funds of the charity**
Unrestricted income funds
Restricted income funds
**_Total funds_**
Notes|**£**
875
45,215
**46,090**
**( 3,996 )**|**Total**
**2022**
**£**
736
**736**
**42,094**
**42,830**
21,237
21,593
**42,830**|**£**
1,128
16,138
**17,266**
**( 804 )**|**Total**
**2021**
**£**
1,346
**1,346**
**16,462**
**17,808**
6,994
10,814
**17,808**|
|---|---|---|---|---|
The notes on pages 9 to 16 form an integral part of these financial statements.
These financial statements were approved by the Board on:
and are signed on its behalf by:
Caroline McDonald
Chair
8
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 1 **Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## 2 **Basis of accounting**
## 2.1 **Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective October 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Difference CIO meets the definition of a public benefit entity under FRS 102.
## 2.2 **Preparation of the accounts on a going concern basis**
The charity reported total unrestricted funds at the year end of £21,237.
The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern
## 3 **Income**
## 3.1 **Recognition of income**
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
## 3.2 **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
## 3.3 **Grants and donations**
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
## 3.4 **Donated goods and services**
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.
9
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 3.5 **Volunteer help**
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
## 3.6 **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## 3.7 **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## 4 **Expenditure and liabilities**
## 4.1 **Liability recognition**
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 4.2 **Charitable activities**
Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.
## 4.3 **Governance and support costs**
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## 4.4 **Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 4.5 **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 4.6 **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed assets:
Office and computer equipment
Straight line over four years
10
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
|**Analysis of income**
6
**Charitable activities**
Income from grants
Other income
7
**Other trading activities**
Training
DWP Access to Work
The National Lottery
Employment allowance
Consultancy|Unrestricted
Funds
£
-
-
2,645
11,995
14,640
4,670
4,670|Restricted
Funds
£
938
80,961
185
-
82,084
-
-|**Total**
**2022**
**£**
**938**
**80,961**
**2,830**
**11,995**
**96,724**
**4,670**
**4,670**|Total
2021
£
2,125
55,684
4,250
2,744
64,803
3,089
3,089|
|---|---|---|---|---|
Income was £101,394 (2021: £67,892) of which £19,310 was unrestricted or designated (2021: £10,083) and £82,084 was restricted (2021: £57,809)
|**Analysis of expenditure on charitable activities**
8
**Charitable activities**
Direct costs
Support costs
Other
Staff travel
Staff other costs
Training
Member events
Subcontract project staff salaries
Staff salaries
Professional fees
Depreciation
**_Expenditure carried forward_**
Website development
Office expenses
Insurance
IT
Telephone|Unrestricted
Funds
£
2,980
-
-
-
-
-
-
-
-
-
-
2,087
-
-
5,067|Restricted
Funds
£
54,748
6,000
232
240
125
4,290
-
816
696
1,224
580
1,071
133
610
70,765|**Total**
**2022**
**£**
**57,728**
**6,000**
**232**
**240**
**125**
**4,290**
**-**
**816**
**696**
**1,224**
**580**
**3,158**
**133**
**610**
**75,832**|Total
2021
£
42,960
10,446
-
-
5,557
-
3,294
-
540
295
571
1,333
547
552
66,095|
|---|---|---|---|---|
11
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
|8|**Charitable activities**_(continued)_
Governance costs
**_Expenditure brought forward_**
Independent examiner's fees for reporting on
the accounts|Unrestricted
Funds
£
5,067
-
5,067|Restricted
Funds
£
70,765
540
71,305|**Total**
**2022**
**£**
75,832
**540**
**76,372**|Total
2021
£
66,095
480
66,575|
|---|---|---|---|---|---|
Expenditure on charitable activities was £76,372 (2021: £66,575) of which £5,067 was unrestricted or designated (2021: £3,089) and £71,305 was restricted (2021: £63,486)
## 9 **Fees for examination of the accounts**
|Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner|**2022**
**£**
**540**
**1,071**
**1,611**|2021
£
480
483
963|
|---|---|---|
## 10 **Analysis of staff costs and the cost of key management personnel**
|Pension costs (defined contribution pension plan)
Salaries and wages
Social security costs|**2022**
**£**
**46,992**
**8,225**
**2,511**
**57,728**|2021
£
**30,825**
**8,930**
**3,205**
42,960|
|---|---|---|
No employee received remuneration above £60,000 (2021: nil)
The key management personnel of the charity, comprise the trustees and the charity development consultant. The total employee benefits of the key management personnel of the charity were £33,460 (2021: £31,088).
## 11 **Staff numbers**
The average monthly head count was 2 employed staff (2021: 2) and 1 subcontracted staff (2021: 1) and the average monthly number of full-time equivalent employees during the year were as follows:
|The parts of the charity in which the employees work
Charitable activities|**2022**
**Number**
**2.0**
**2.0**|2021
Number
**2.0**
2.0|
|---|---|---|
12
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 12 **Transactions with trustees**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
## **Trustees' expenses**
No trustee expenses have been incurred in the year.
## **Transaction(s) with related parties**
There have been no related party transactions in the reporting period.
## 13 **Defined contribution pension scheme**
The charitable company contributes to individual private staff pension schemes. The employer's pension costs represent contributions payable by the charity.
## 14 **Corporation Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
|15 **Tangible fixed assets**
**Cost**
Balance brought forward
Additions
Disposals
**Balance carried forward**
**Depreciation**
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
**Balance carried forward**
**Net book value**
**Brought forward**
**Carried forward**|**Office and**
**computer**
**equipment**
**£**
2,439
-
-
2,439
SL
25%
1,093
610
-
1,703
1,346
736|**Total**
**£**
**2,439**
**-**
**-**
**2,439**
**1,093**
**610**
**-**
**1,703**
**1,346**
**736**|
|---|---|---|
13
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 16 **Debtors and prepayments (receivable within 1 year)**
|Prepayments
Holding account
Debtors|**2022**
**£**
**475**
**400**
**-**
**875**|2021
£
-
294
834
1,128|
|---|---|---|
## 17 **Cash at bank and in hand**
|Cash at bank and in hand
18
**Creditors and accruals (payable within 1 year)**
Independent examination of accounts
Accruals
Holding account
Pension|**2022**
**£**
**45,215**
**45,215**
**2022**
**£**
**408**
**540**
**3,048**
**3,996**|2021
£
16,138
16,138
2021
£
324
480
-
804|
|---|---|---|
## 19 **Events after the end of the reporting period**
No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.
## 20 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds Year ending 31 December 2022**
|**Unrestricted funds**
General unrestricted fund
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
6,994
6,994|**Incoming**
**resources**
£
19,310
19,310|**Resources**
**expended**
£
( 5,067 )
( 5,067 )|**Transfers**
£
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**21,237**
**21,237**|
|---|---|---|---|---|---|
14
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## 20 **Analysis of charitable funds** _(continued)_
## **Analysis of movements in unrestricted funds**
## **Year ending 31 December 2021**
|**Fund**
**balances**
**brought**
**Incoming**
**Resources**
**forward**
**resources**
**expended**
**Unrestricted funds**
£
£
£
General unrestricted fund
-
10,083
( 3,089 )
**_Totals_**
-
10,083
( 3,089 )
**Purpose of unrestricted funds**
General unrestricted fund
The 'free reserves' of the charity
**Fund**
**balances**
**brought**
**Incoming**
**Resources**
**forward**
**resources**
**expended**
**Restricted funds**
£
£
£
The National Lottery
8,510
81,146
( 68,063 )
Community Foundation County
Durham
1,690
-
( 1,690 )
DWP Access to Work
614
938
( 1,552 )
**_Totals_**
10,814
82,084
( 71,305 )
**Fund**
**balances**
**brought**
**Incoming**
**Resources**
**forward**
**resources**
**expended**
**Restricted funds**
£
£
£
The National Lottery
14,160
55,684
( 61,334 )
Community Foundation County
Durham
1,896
-
( 206 )
DWP Access to Work
435
2,125
( 1,946 )
**_Totals_**
16,491
57,809
( 63,486 )
**Analysis of movement in restricted funds**
**Year ending 31 December 2022**
**Year ending 31 December 2021**|**Transfers**
£
-
**Transfers**
£
-
-
-
-
**Transfers**
£
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**
**6,994**
**6,994**
**Fund**
**balances**
**carried**
**forward**
**£**
**21,593**
**-**
**-**
**21,593**
**Fund**
**balances**
**carried**
**forward**
**£**
**8,510**
**1,690**
**614**
**10,814**|
|---|---|---|
15
## **DIFFERENCE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 December 2022
## **Purpose of restricted funds**
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
The National Lottery
Protect and promote the rights of disabled people in the North East of the country.
Community Foundation County To pay for capacity building Durham DWP Access to Work Disability access.
## 21 **Capital commitments**
As at 31 December 2022, the charity had no capital commitments (2021 -£nil)
## 22 **Guarantee**
There have been no guarantees given by the charity at 31 December 2022.
## 23 **Debt**
There is no debt outstanding which is owed by the charity and which is secured by an excess charge on any of the assets of the charity at 31 December 2022.
## 24 **Governing document**
The organisation is a Charitable Incorporated Organisation - Foundation registered on 16 December 2016 as a body corporate under part 11 of the Charities Act 2011.
## 25 **Analysis of net assets between funds**
|At 31 December 2022
At 31 December 2021
Tangible fixed assets
Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)|Unrestricted
Funds
£
-
21,237
-
21,237
Unrestricted
Funds
£
-
6,994
-
6,994|Restricted
Funds
£
736
23,978
( 3,121 )
21,593
Restricted
Funds
£
1,346
9,144
324
10,814|**Total**
**2022**
**£**
**736**
**45,215**
**( 3,121 )**
**42,830**
**Total**
**2021**
**£**
**1,346**
**16,138**
**324**
**17,808**|
|---|---|---|---|
16