CHARITY COMMISSION FOR ENGLANO AND WALES Trustees, Annual Report for the period To 3111212024 Period end date From 01101124 Period start date Charity name: Community @NE66 Charitable Trust Charity registration number. 1171202 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its governing document The objects of the CIO are to: a) promote social inclusion in the Alnwick area, particularly the Clayport Ward, for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society for the purpose of this clause 'socially excluded, means being excluded from society, or part of society, as a result of one or more of the following factors; unemployment, financial hardship, youth or old age, ill health (physical or mental), substance abuse or dependency including alcohol and drugs,. discrimination on the groups of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment,. poor education or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards), crime (either as a victim of a crime or as offender rehabilitating into society). B) to help young people, especially but exclusively through leisure time activities, so to develop their capabilities that they may grown to full maturity as individuals and members of societ The mission of Community@NE66 is to help our young people, families and wider community (who live in a disadvantaged area of North Northumberlandl to be able to cope with the challenges in their lives and to thrive and help them build positive aspirations, resilience and ambitions about what their future might hold. We do this by: delivering informal education, advocacy; family support, largeted and universal youth,. play work., ensuring basic needs are met., and rovidin a safe and Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or seNices identified in the accounts. Para 1.17 and 1.19
supporting environment for people to realise and meet their full potential. Over a quarter of our clients have additional needs. with limited access to support services leaving them vulnerable and marginalised. Covid significantly stalled our children's development, resulting in high anxiety, lack of socialisation, and a lack of resilience to even small setbacks, and we are still seein the effects of these. We confirm the Trustees have had regard of the Charities Commission guidance on Public Benefit. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Additional information (optional) You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment PaTa 1.38 Contribution made by volunteers Other Achievements and Performance SORP relerence
Community consultation taught US that we need to focus on; 'supporting self-regulation and healthy coping mechanism5 'ensuring basic needs are met first 'reinforcing and practicing foundation skills "fostering and developing adaptive practice long term and consistent support for 'vulnerable families and school holiday activities, to meet our charitable objectives. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Our key achievements in 2023; The Surplus Food Project improved access to food for 367 people and reduced food waste in our community. Preventing social exclusion and improving wellbeing Micro granis for f uel bills for 7 vulnerable households. Preventing social exclusion, inhabilitable housing and improving wellbeing 27 Volunteer opportunities for young people & adults. Supporting skill development and employability. A wide range of play and youth work activities., 'Our Universal Youth Work offer for 9-19 year olds engaged 297 young people, helping young people through informal education and in their leisure time to grow in maturity as individuals and members of society. 'our 4-8s weekly play sessions supported 66 children to learn and develop through play. "28 young people engaged in a series of l.'l active listening sessions and experienced an improvement in their mental wellbeing and social inclusion. 64 children attended our Saturday Youth Cafe inGreasing access to food in an area that experiences hardship. 46 children, young people and vulnerable adults accessed free counselling and psychotherapy removing barriers to accessing services to improve mental health issues for people experiencing financial hardship. 17 parentslcarers accessed support, advocacy and listening services removing barriers to social inclusion. 1630 young people attended health relationships workshops promoting social inclusion and positive physical and mental health.
153 children attended our school holiday provision engaging children in positive activities in their leisure time, 79 young people accessed NHS C-card services improving young people's access to sexual health care improving physical health. 55 Under 5s and their grown ups attended weekly play and social groups promoting social inclusion and removing barriers to learning through sensory play in early years. Additional information (optional) You ma choose to include further statements where relevant about: Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Para 1.41 Other
Financial Review Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity coniinuing as a going concern Para 1.21 Para 1.22 Para 1.22 Paia 1.22 Para 1,24 Para 1.23 Additional information (optional) You ma choose to include further statemenis where relevant about: The charity's principal sources of funds (including any fundraising) Para 1.47 Invesiment policy and objectives including any social investmeni policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of governing docurnent Para 1.25 Constitution How is the charity constituted? Para 1.25 cio r.y uiiiiibviyor £ne.IAtinri. Cl Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Appointed by quorum vote of trustees. Additional information (optional) You ma choose Éo include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para l.sl Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name Other name the chari uses Re isiered chari number Charity's principal address Communil Communit 1171202 Community@NE66 Charitable Trust, Alnwick Community Centre, Howling Lane, Alnwick, Northumberland, NE66 IAR. NE66 Charitable Trust NE66
Names of the charity trustees who manage the charity Name of person (or body) entitled to appolnt trustee (If an Trustee name Office (if any) Dates acted if not for whole year Lalage Bosanquet Carol Jagger Kelly Nicol Chris Friend Chair Treasurer Secretary Martin Swinbank Hannah Gregorry 19th June 2023 Quorurn Trustees at AGM Cor orate trustees - names of the directors at the date the re Director name ort was a roved Name of trustees holding title to property belonging to the charity Dates acted it noi for whole Trustee name ear
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of Ihe charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information (optional) Names and addresses of advisers (Optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) LA LAQQ- /¥r( Position (eg Secretary, Chair, etc) c1c Date 13
The OJmmuniiy@NE66 tharitable Trua tharity No. 1171202 Trusteeg Fèport and Unaudited Aco)unts 31 Dember 2024
The Community@N&6 tharitable Trust Q)ntents Pages Trusleeg Annua Report Independent Examiner's Fèport Satement of nanCIal Activities BaJancÈ eet Noteslo the Accounis 6t014 Detailed gatement of nanCIaj Activities 1Sto16 Page I
The Q)mmunity@N&6 tharitable Trust TrusteesAnnual Report The Community@NE66 (Jaritable Trust The truees prent their report with the unaudited finanaal aatementsof the charity for the year ended 31 Dember 2024. F6EEWANDADm INISTFNMvEDAlLs arity No. 1171202 Fri napal Off i Alnwick Community Centre Howlino Lane Anwick Norlhumberland NE66 IDN Trusees The following truSteesrVed during the year.. LA. sanquet CB. Friend H. Gregory C gger M.A. Nichol M. SNinbank Accounlants Accounting for Cyjod ac 2 &ordie Fldley Fla Upper Ftrecinct Wegey Court Blaydon on Tyne Tyne and Wear NE215BT Satement of trustees, re¥Jonsbi lit ies in relation to the financiaj statements The charity trustees are respon9ble for preparing atrusteeg annud report and finanaal statements in accordanTr with applicable law and United lQngdom Accounting Sandards(Uniled lfjngdom C£nerally Apted Accounting Fracti). The trusleesare reg)onsble for keeping proper accounting records thal dixlose with renable accuracy at any time the f inanci8J postion of the charity and to enable them lo ensure that the financia statements comply with the arItIeSAcl 2011, the applicable aritIeS (Accountsand Reports) Regulations, and the provisonsof the Trust deed. The Truaees are aJ9) responsble for safeguarding the assetsof the charity and hence taking renable stepsf or the prevenlion and detection of f raud and ol her irregularities. Sgned on behalf of the charity'slruaees LA. Eosanquet Trua 21 Cttober 2025 LA6. Page 2
The Community@N&6 Charitable Trua Independent Examiners Reporl Independent Examiner's Report to the trusteesof The Community@N6 tharitable Trust I report lo the trustees on my examinalion of the financid statements of The Community@NE66 aritable Trug for the year ended 31 Dernber 2024. Re4)onsbilitiesand bass of report Asthe charity'strueesyou are responstble for the preparation of the finanaat aatements in accordan with the requirementsof the (arItiesAc 2011 ('the Act,). I report in re4)ect of my examination of the charity'sfinanaal statementscarried out under ction 145 of the 2011 Act and in carrying out my examination I have followed dl the applicable Directions given by the Charity Q)mmisson under ction 145(5)(b) of the Act. Independent examiner'sstatement I have completed my examination. I can confirm that no Materi mallers have come to my allenlion in conneclion with the examination giving me Cau lo believe that in any materiaj respect.. the accounting recordswere not kept in respect of the charity as required by ction 130 01 the Aci., or the f inancial statements do not accord with I hose records., or the financial siatements do nol comply with the applicable requirementsconcerning the form and content of financiaj statements t out in the Charities (Accounts and Feports> Regulations 2008 other than any requirement that the financial statementsgive a'true and f&'r' view which isnot a matter congdered as part of an independent examination. I have no concerns and have come across no other mattersin connection with the examination to whith attention should be drawn in this report in order to enable a proper understanding of the finaniiaj statements to be reached, Kay Wightman FFA FfA Accounting for 0d QC 2 &ordie Fldley Race Upper Fyeanct Wegey Courl Elaydon on Tyne Tyne and Wear NE215BT 21 Cttober 2025 Page 3
The Qjmmunlty@N6 Charitable Trust Satement of nanUal Activities for the year ended 31 Dember 2024 Unrearicted funds 2024 Fè#ricted funds Total funds Total funds 2024 2024 2023 Notes Income and endowments from.. tJ)nationsand legacies Charitable activities Oiher trading activities Clher 1,322 1,322 125,064 717 6,005 12,065 102,418 1,509 19,475 125.064 717 6,005 Total 8,044 125,064 133,108 135,467 FApenditure on.. F&'9ng funds aritable activities Crther 250 84,179 62,815 4,327 24,376 61,506 37,430 65,833 61,806 Totaj 28,703 98,936 127,639 147,244 Nei gans on investments Net incomel(expenditure) TransFers between funds io (20,659) (g42) 26,128 5,469 (11,777) 942 Net i nc£Jmel (expenditure) before other gaing (losses) (21,601) 27,070 5,469 (11,777) Other gains and losses Net movernent in funds (21,601) 27,070 5,469 (11,777) Reconciliation of f unds Total funds brought forward 2g,895 36,191 66,086 77,863 Totaj fundscarried forward 8,294 63,261 71,555 66,086 Page 4
The CL)Mmunity@N6 tharitable Trust Balan eet at 31 [kmber 2024 Charity No. 1171202 2024 2023 xed alS Tangible asts 12 2,088 2,088 4,342 4,342 Qjrrent at5 Deblors Cath at bank and in hand 13 1.960 60,694 62,654 (910) 61,744 72,319 72,319 (2,852) 69,467 (Jeditors Amount fajling due within one year Net current atS 14 Total a&tsleSs(rrent liabilities 71,555 66,086 Net tsexclUding penson asset or liability 71,555 66,086 Total net assets 71,555 66,086 The funds of the charity Rest ricted funds Fèstricted income funds 15 63,261 63,261 36,191 36,191 Unrericted funds C£neral funds 15 8,294 29,895 8,294 29,895 Reserves 15 Total funds 71,555 66,086 Approved by the Iruaees on 21 October 2025 And sgned on their behdf by.. LA. Bosgnquet TrLtee 21 October 2025 Page 5
The Q)rnmunity@N6 Charitable Trust Notesto the Accounts for the year ended 31 Dember 2024 l Account ing pol icies Bassof preparation The financid statements have been prepared in accordan with Satement of Fècommended Fracti.. Accounting and Fèporting by Charities preparing their accounts in accordan with the finanaaj Fèporting Sandard applicable in the UKand Fèpublic if Ireland (FRS102) iwed on 16 lY 2014 and the nanciaj fèporting &andard applicable in the United lfjngdom and FÈpiJblic of Ireland {FFS102) and the arities Act 2011, Change in bass of accounting or to previous accounts There has been no change to the accounting policies (valuation rulesand method of accounting) g'nce last year and no changes have been made to accountsfor previousyears Rjnd arrL)unting Unrestricted funds These are available for use at the dIetion of the tru&ees in furtherance of the generd objects of the charity. These are ursrestricted f unds earmarked by the trustees for particular purpo& The are unrericted fundswhith indude a revaluation reserve representing the restatement of investment awts at their market values, The are aVlable for u bject to restrictions imposed by the donor or through terms of an appeaj. Deg'gnated fund5 Fèvatuation funds Rericted funds IncLme Fècognition of income Income is included in the gatement of Rnancial Activities (S)FA) when the charity becomesentilled 10, and virtudly rtan to re1Ve, the income and Ihe arnounl of the income can be meared with fficIent reliability. Income with relaled Where income has related expenditure Ihe income and relaled expenditure is expenditure reported grossin the &)FA. Donationsand legacies Voluntary income received by way of grants, donations and gifts is included in the the &)FA when receivable and only when the tharity has unconditionaj entitlement to the income. Tax fedamson Income from tax reclaims isinduded in the &)FA at the same time asthe donations and gifts giftldonation to which it relales. Donated ServIS These are only induded in income (with an equivalent amount in expenditure) and factlities where the benefit to the tharity is renablY quantifiable, measurable and materi. Volunteer help The vdue of any volunteer help reiVed is not included in the accounts. Investment income This is included in Ihe accountswhen re1Vable. Cdng(loss) on This includesany gatn or losSreIl1ng from revduing investmentsto market vajue rev8Juation of f ixed al the end of the year. assets qing{losses) on inveament atS This includesany gain or lOon the sale of investments Page 6
The Community@N&6 tharitable Trust Notesto theAccounts Expenditure Recognition ol expenditure Expenditure is recognised on an accruafsba9s Expenditure includes any VATwhich cannot be f ully recovered, and is reported as part of the expendilure to which it relates. Expenditure on The Compri the costS8s)oated with attracting voluntary income, fundraisng raigng funds trading coasand inveament management o)sts Eypenditure on These comprise the costs 1njrred by the tharity in the delivery ot its activities and charitable activities rvIS in the f urtherance of its objects, induding the making of grants and governan coas AFI grant expenditure is accounted for on an actual pad bass plus an accruaj for grantsthat have been approved by the trustees at the end of the year but not yet paid, These indude th0 costs auated with meeting the constitutional and statutory requirements of the aritY, induding any auditlindependeni examination fees, co&slinked lo the strategic management of the Charity, togelher with a share of other administ ration coas Other expenditure These are ppOrt costs not allocated to a particular a1vItY. ants payable 13Jvernance costs Taxation The charity is exempt from tax on its charitable activities. Tangible fixed t$ and depreaation Depreaation is provided at the following annud rates in order to write off each asset over its estimated usef ul life,. Flanl & Machinery xtures & Flltings 33%rght Line 20%Sraighl Line eehold investment properly Inve&ment propertiesare measured initialy at st and wbquently at fair value at each balance eet date and are not depreciated. All gains or losses are laken10 the Satemenl of Trnanciaj Aclivities as they arise. Socks gock isincluded at the lower of coa or net realisable vaiue. Donated items of ock are recognid at f8ir vdue which isthe amount the charity would have been willing to pay for the itemson the open market, Trade and other debtors Trade and other debtorsare recognised at the ttlement amount due after any trade dIOunt offered. Ffepayments are vatued at the amount prepaid net of any trade dixounlsdue. cash and cath equivalents Cash and cash equivaJentscompri cth al bank and on hand, demand depostswith banks and olher short-ierm highly liquid investments with originaj maturities of Ihree months or less and bank overdrafts In I he statement of f inancial poslion, bank overdrafls are shown within borrowings or current liabililies In the galement of Cash Rows, cath and cth equivatentsare shown net of bank overdraftsthat are repayable on demand and form an integrd part of the company'scath management. Page 7
The Ctjmmunlty@N6 tharitable Trust Notesto theAccounts Trade and other creditors ort term creditors are mea9Jred at the transaction price. Other creditors and provisons are recognid where the charity has a present obligation reIting f rotn a past event that will probably result in the transfer of fundsto athird party and the amount due to settle the obligation can be meawred or eaimated reliably. Qeditors and provisons are normally recognid at their ttlement arriount after allowing for any trade discountsdue. Rearch 3nd development Expenditure on rearch and development iswritten off in the year in which it is incurred. Foreign cxjrrenaes M onetary assets and liabilities denominated in (xjrrencies other than the functiond currency of the charity are trangated ai ihe rales of exchange prevailing al the end of the reporting period, Transactions in currencies other than the functional currency of I he charity are recorded at the rale of exchange on the date that I he I ran&iction OCCLrred. All exchange differences are are taken into account in arriving at net incomel expenditure. Leased awts Where the charity enters into a lea which ent&ls taking gjbstantially dl the ris and rewardsof ownership of an asset, the lease istreated as a finan lea. Leaseswhich do nol transfer substantiajly all the ris and rewardsof ownerthip to charity are classfied as operating leases. Assets held under finan leaS are initidly recognised aSatsOf the charity at their f&r vaiue at the inptIOn of the lease or, if lower, at the prent vajue of the minimum lease payments. Ihe correg)onding liability to the lessor is included in the balan sheet date as a finance lease obligation. Lea paymenlsare apportioned between finance expenses and reduction of the le obligation asto achieve a constanl rate of intere on Ihe reMnIng baance of the liability. nan expenses are recognid immediately, unless I hey are direclly attributable to quaifying 3&elS in which case they are capitalised in accordan with the charity's policy on borrowing costs. Assets held under finance lesare depreciated in the same way as owned assets Operaiing lease payments are recognised asan expense on a straight-line bags over the lease term. In the event that le inntiVeS e reiVed to enter into operating leases, ch incentives are recognid as a li3J)ility. The aggregate benef it of incentives is reojgnised as a reduction ol rent expen on a sIrght-l1ne bass. Penson ojsts The charity operates a defined cont ribution plan for its employees. A defined contribution plan is a penson plan under which the charity paysfixed contributions into a separate entity. on the contribulions have been paid the charity has no further payments obligations The contribulionsare recognid asexpenseswhen they fdl due. Amounts not p&d are thown in accruajsin the b3Jance theet. The atS of the plan are held parately from Ihe charity in independently adminislered funds. ReIpt of donated goods, facilities and ServIS All donated goods, f acilities and services received are recognid within incoming rexjurces and expenditure at an esiimate of the value to the charity. Page 8
The QmmunitY@N6 tharitable Trust Notesto the AcoJunts 2 Satement of finanaal Activities- prior year Unrestricted funds Fèstricted funds Totaj funds 2023 2023 2023 Income and endowmentsfrom.. Donations and legacies aritable activities Other Irading activities Other 10,384 1,681 102,418 12,065 102,418 1,509 19,475 1,509 19,475 Total 31,368 104,099 135,467 Expenditure on.. Fèj'sng funds aritable activities 250 6,130 250 84,179 62,815 78,049 Other 43,185 19,630 Total 49,565 97,679 147,244 Nei income (18,197) 3,930 6,420 (11,777) Transfers between funds (3,g30) Net income before other gasng {los*s) Other gains and losses.. Net movement in funds (14,267) 2,490 (11,777) (14,267) 2,490 (11,777) Fèconaliation of funds.. Total funds brought forward Total fundscarried forward 44,162 33,701 77,863 29,895 36,191 66,086 3 Income from donations and legacies Unrestricted Totas Total 2024 2023 Donations 1,322 1,322 1,322 1,322 12,065 12,065 4 Income f rom charitable activities Restricted Tot Total 2024 2023 Grants ReiVed 125,064 125,064 125,064 125,064 102,418 102,418 Page 9
The (])Mmunity@N6 aritable Trust Notesto the Aco)unts 5 Income f rom other trading activities Unrestricted Totaj 2024 Total 2023 FL)om Hire 717 717 615 Activily Income 894 717 717 1,509 6 Other income Unrestricted Totaj Total 2024 2023 Crther income 6,005 6,005 6,005 6,005 19,475 19,475 7 Expenditure on iaisng funds Total 2024 Total 2023 Rjndraisng tra(Jing cosls r(Jom Hire 250 250 8 Expenditure on tharitable activities Unrearicted Restricted Totaj 2024 Total 2023 Expenditure on charitable activities Activity Q)sts Saff & Freelan CL)Sts 4,327 19,813 41,693 24,140 41,693 23,865 60,314 Gjvernance costs 4,327 61,506 65,833 84,179 Page 10
The Community@N6 Tharitable Trust Notesto the Accounis 9 (Xher expenditure Unrestricted Restricted Totaj 2024 Total 2023 Other interest payable nployee coas Motor and travel coas 58 14,069 25,480 169 39,54g 255 32,139 2,979 16,305 86 Ffemi*s costs AmortitIon, depreriation, iMprment, profitlloss on disposql of fixed assets neral administrative coas Legd and profesgonal coas 61 10,512 10,573 1,866 370 2,236 2,548 7,058 1,228 24,376 169 7,227 1,958 61,806 7,092 1,694 62,815 730 37,430 10 Nel inLDmel (expenditure) before transfers 2024 2023 This is aated after charging.. Depreaation of owned fixed assets 11 gaff costs 2,139 2,548 2024 37,181 1,690 38,871 2023 30,939 1,075 32,014 laries and wages Penson costs No employee reiVed emoluments in excessof £60,000. 12 Tangible fixed tS Fyant & Machinery xtures& ttings Tota st or revatLtation At l nuarY 2024 Additions Diwos3ls At 31 Dernber 2024 Depreaation and impairment At l knuary 2024 Depreciation charge for the year At 31 Dernber 2024 5,365 118 7,432 12,797 118 (233) 12,682 (2331 7,199 5,483 3,745 4,710 8,455 836 1,303 2,139 4,581 6,013 10,594 Net book vaues At 31 December 2024 At 31 Dember 2023 902 1,186 2,722 2,088 4,342 1,620 Paoe 11
The 0)mmunity@N6 tharitable Trust Notesto theAccounts 13 Debtors 2024 2023 Other debtors 1,960 1,960 14 Cleditor& amounlsfalling due within one year 2024 2023 Ilher taxesand Cial security Other (Jeditors 2,695 157 909 Accruals 2,852 910 Page 12
The Community@NE66 tharitable Trust Noiesto the Accounts 15 Movement in funds Incoming rerS At31 ReurS expended oss (includi ng At l knuary other 2024 gains1l0s) Dember 2024 transfers Rearicted fund& Restricted income fund& Children in Need Northumberland thildren's 15,352 49,827 (52,977) 12,202 Trus1 3,401 2,706 1,793 2,262 6,357 1,118 (6,219) 14,673) (137) (16,013) {6,776) {1,023) (5,335) (370) (3,384) (539) 2,818 1,809 Food Hardship Northumberland E4ates Holiday Activity Funds Community Foundation Newcastle Building S)ciety Alnwick Town Counc¢l Communily Chest C¥oundwork hofield Tru B3Jlenger Berniaa Boys Toilet meg Church meg Race 158 1,656 206 13,150 16,748 807 (4,417) (95) 11,912 11,000 5,665 430 5,278 800 8,662 519 20 15,000 10,000 15,000 10,000 412 500 412 500 1,490 (1,490) Total 36,191 125,064 (98,936) 942 63,261 Unre*ricted funds neraj funds 29,895 8,044 (28,703) (942) 8,294 Total funds 66,086 133,108 (127,639) 71,555 Jrposes and rearictions in relation to the funds Fèaricted funds.. Children in Need pporlsthe development our our Universaj Youth Work offer to young people aged 9-19 yr olds Northumberland thildren's Trtjst Food Hardship Northumberland Eaates Holiday Activiiy n5 Q)mmunity Foundation Newcastle Building &)cieiy mes, Race To provide food for people in need To provide food for people in need Page 13
The Community@N&6 tharitable Tru Notesto the A¢xounts 16 Analyssof net alS between funds Unrearicted funds Total Flxed tS 2,088 69,467 71,555 2,088 69,467 71,555 Nel cJJrrent assets 17 Ftconoliation of net debt At31 Dember 2024 Al l &nuary 2024 cath flows ca and cath equivajents 60,694 60,694 11,625 11,625 72,319 72,319 Net debt 60,694 11,625 72,319 18 Commilments Operating lea* commitments Annuaj commitments under nOn-CanlIable operating leasesare asfollows.. 2024 Land and buildings 2024 2023 Land and buildings 2023 Other Other Operating leSwIth expiry date.. Pengon cnmmitments 2024 2023 The pension cost charge to the charity amounted to.. 1,690 1,075 Page 14
The ComMunity@N6 tharitable Tru* Detailed sarement of nana Activities for the year ended 31 December 2024 Unrestricte d funds 2024 Restried funds Tota lunds Tota funds 2024 2024 2023 Ino)me and endowmentsfrom: Donationsand legaaes Donations 1,322 1,322 1,322 1,322 12,065 12,065 tharitable activities fyants Fè1Ved 125,064 125,064 125,064 125,064 102,418 102,418 Other Iradino athivities FiDom Hire Activity Income 717 717 615 894 1,509 717 717 Other Other income 6,005 6,005 6,005 6,005 19,475 19,475 Total income and endowments 8,044 125,064 133,108 135,467 E¥penditure on.. Ojsts of other trading activilies R)om Hire 250 250 Totd of expenditure on raising funds 250 aritable activilies Activity Costs aff & Freelan Costs 4,327 19,813 41,6g3 61,506 24,140 41,6g3 65,833 23,865 60,314 84,179 4,327 Total of expenditure on tharitable activities 4,327 61,506 65,833 84,179 Other expenditure Other interest payable 58 58 Employee costs jariegwages Pension costs Saff training 13,666 403 23,515 1,287 678 37,181 1,690 678 30,939 1,075 125 14,069 25,480 39,549 32,139 Motor and travel co#s Travel and wbssten sness mileage costs re1mburd 74 169 243 2,846 12 12 133 Page 15
The Community@N&6 Charitable Trust Detaled SatemeTIt of financial Activities 86 169 255 2,979 FYemiscos 'ght, heat and power Premises cleaning FremiS repairsand maintenan 8,223 2,289 8,223 2,350 10,781 4,559 61 965 61 10,512 10,573 16,305 nerd adminirative coas, including depreaation and amorti5ation Depreciation of Flant & Machinery Depreciation of fixtures& ttings Loss on disposal of tangible f ixed ts 466 370 836 2,548 1,303 1,303 97 97 C£neraJ insurances Jftware, IT sJpport and related coas SJbscriptions ndry expens Telephone, fax and broadband 1,434 1,434 874 1,302 1,302 1,233 4,187 135 169 4,356 135 4,887 98 8,924 539 9,463 9,640 Legaj and profesgonal costs Auditl Independent examination fees Accountancy and bookkeeping 850 850 850 378 1,228 730 730 1,108 1,958 844 1,694 Total of expenditure of other cosls Total expenditure Net gains on investments 24,376 37,430 61,806 62,815 28,703 98,936 127,639 147,244 Net i ncomel (expenditure) TranerS between funds (20,659) 26,128 5,469 (11,777) (942) 942 Net IncMe1 (expenditure) before other gaing (lows) Other Ggins (21,601) 27,070 5,469 {11,777) Net movement in lunds (21,601) 27,070 5,469 (11,777) Fèconaliation of funds Tot3J funds brought forward 29,895 36,191 66,086 77,863 Total funds carried forward 8,294 63,261 71,555 66,086 Page 16
The OJmmuniiy@NE66 tharitable Trua tharity No. 1171202 Trusteeg Fèport and Unaudited Aco)unts 31 Dember 2024
The Community@N&6 tharitable Trust Q)ntents Pages Trusleeg Annua Report Independent Examiner's Fèport Satement of nanCIal Activities BaJancÈ eet Noteslo the Accounis 6t014 Detailed gatement of nanCIaj Activities 1Sto16 Page I
The Q)mmunity@N&6 tharitable Trust TrusteesAnnual Report The Community@NE66 (Jaritable Trust The truees prent their report with the unaudited finanaal aatementsof the charity for the year ended 31 Dember 2024. F6EEWANDADm INISTFNMvEDAlLs arity No. 1171202 Fri napal Off i Alnwick Community Centre Howlino Lane Anwick Norlhumberland NE66 IDN Trusees The following truSteesrVed during the year.. LA. sanquet CB. Friend H. Gregory C gger M.A. Nichol M. SNinbank Accounlants Accounting for Cyjod ac 2 &ordie Fldley Fla Upper Ftrecinct Wegey Court Blaydon on Tyne Tyne and Wear NE215BT Satement of trustees, re¥Jonsbi lit ies in relation to the financiaj statements The charity trustees are respon9ble for preparing atrusteeg annud report and finanaal statements in accordanTr with applicable law and United lQngdom Accounting Sandards(Uniled lfjngdom C£nerally Apted Accounting Fracti). The trusleesare reg)onsble for keeping proper accounting records thal dixlose with renable accuracy at any time the f inanci8J postion of the charity and to enable them lo ensure that the financia statements comply with the arItIeSAcl 2011, the applicable aritIeS (Accountsand Reports) Regulations, and the provisonsof the Trust deed. The Truaees are aJ9) responsble for safeguarding the assetsof the charity and hence taking renable stepsf or the prevenlion and detection of f raud and ol her irregularities. Sgned on behalf of the charity'slruaees LA. Eosanquet Trua 21 Cttober 2025 LA6. Page 2
The Community@N&6 Charitable Trua Independent Examiners Reporl Independent Examiner's Report to the trusteesof The Community@N6 tharitable Trust I report lo the trustees on my examinalion of the financid statements of The Community@NE66 aritable Trug for the year ended 31 Dernber 2024. Re4)onsbilitiesand bass of report Asthe charity'strueesyou are responstble for the preparation of the finanaat aatements in accordan with the requirementsof the (arItiesAc 2011 ('the Act,). I report in re4)ect of my examination of the charity'sfinanaal statementscarried out under ction 145 of the 2011 Act and in carrying out my examination I have followed dl the applicable Directions given by the Charity Q)mmisson under ction 145(5)(b) of the Act. Independent examiner'sstatement I have completed my examination. I can confirm that no Materi mallers have come to my allenlion in conneclion with the examination giving me Cau lo believe that in any materiaj respect.. the accounting recordswere not kept in respect of the charity as required by ction 130 01 the Aci., or the f inancial statements do not accord with I hose records., or the financial siatements do nol comply with the applicable requirementsconcerning the form and content of financiaj statements t out in the Charities (Accounts and Feports> Regulations 2008 other than any requirement that the financial statementsgive a'true and f&'r' view which isnot a matter congdered as part of an independent examination. I have no concerns and have come across no other mattersin connection with the examination to whith attention should be drawn in this report in order to enable a proper understanding of the finaniiaj statements to be reached, Kay Wightman FFA FfA Accounting for 0d QC 2 &ordie Fldley Race Upper Fyeanct Wegey Courl Elaydon on Tyne Tyne and Wear NE215BT 21 Cttober 2025 Page 3
The Qjmmunlty@N6 Charitable Trust Satement of nanUal Activities for the year ended 31 Dember 2024 Unrearicted funds 2024 Fè#ricted funds Total funds Total funds 2024 2024 2023 Notes Income and endowments from.. tJ)nationsand legacies Charitable activities Oiher trading activities Clher 1,322 1,322 125,064 717 6,005 12,065 102,418 1,509 19,475 125.064 717 6,005 Total 8,044 125,064 133,108 135,467 FApenditure on.. F&'9ng funds aritable activities Crther 250 84,179 62,815 4,327 24,376 61,506 37,430 65,833 61,806 Totaj 28,703 98,936 127,639 147,244 Nei gans on investments Net incomel(expenditure) TransFers between funds io (20,659) (g42) 26,128 5,469 (11,777) 942 Net i nc£Jmel (expenditure) before other gaing (losses) (21,601) 27,070 5,469 (11,777) Other gains and losses Net movernent in funds (21,601) 27,070 5,469 (11,777) Reconciliation of f unds Total funds brought forward 2g,895 36,191 66,086 77,863 Totaj fundscarried forward 8,294 63,261 71,555 66,086 Page 4
The CL)Mmunity@N6 tharitable Trust Balan eet at 31 [kmber 2024 Charity No. 1171202 2024 2023 xed alS Tangible asts 12 2,088 2,088 4,342 4,342 Qjrrent at5 Deblors Cath at bank and in hand 13 1.960 60,694 62,654 (910) 61,744 72,319 72,319 (2,852) 69,467 (Jeditors Amount fajling due within one year Net current atS 14 Total a&tsleSs(rrent liabilities 71,555 66,086 Net tsexclUding penson asset or liability 71,555 66,086 Total net assets 71,555 66,086 The funds of the charity Rest ricted funds Fèstricted income funds 15 63,261 63,261 36,191 36,191 Unrericted funds C£neral funds 15 8,294 29,895 8,294 29,895 Reserves 15 Total funds 71,555 66,086 Approved by the Iruaees on 21 October 2025 And sgned on their behdf by.. LA. Bosgnquet TrLtee 21 October 2025 Page 5
The Q)rnmunity@N6 Charitable Trust Notesto the Accounts for the year ended 31 Dember 2024 l Account ing pol icies Bassof preparation The financid statements have been prepared in accordan with Satement of Fècommended Fracti.. Accounting and Fèporting by Charities preparing their accounts in accordan with the finanaaj Fèporting Sandard applicable in the UKand Fèpublic if Ireland (FRS102) iwed on 16 lY 2014 and the nanciaj fèporting &andard applicable in the United lfjngdom and FÈpiJblic of Ireland {FFS102) and the arities Act 2011, Change in bass of accounting or to previous accounts There has been no change to the accounting policies (valuation rulesand method of accounting) g'nce last year and no changes have been made to accountsfor previousyears Rjnd arrL)unting Unrestricted funds These are available for use at the dIetion of the tru&ees in furtherance of the generd objects of the charity. These are ursrestricted f unds earmarked by the trustees for particular purpo& The are unrericted fundswhith indude a revaluation reserve representing the restatement of investment awts at their market values, The are aVlable for u bject to restrictions imposed by the donor or through terms of an appeaj. Deg'gnated fund5 Fèvatuation funds Rericted funds IncLme Fècognition of income Income is included in the gatement of Rnancial Activities (S)FA) when the charity becomesentilled 10, and virtudly rtan to re1Ve, the income and Ihe arnounl of the income can be meared with fficIent reliability. Income with relaled Where income has related expenditure Ihe income and relaled expenditure is expenditure reported grossin the &)FA. Donationsand legacies Voluntary income received by way of grants, donations and gifts is included in the the &)FA when receivable and only when the tharity has unconditionaj entitlement to the income. Tax fedamson Income from tax reclaims isinduded in the &)FA at the same time asthe donations and gifts giftldonation to which it relales. Donated ServIS These are only induded in income (with an equivalent amount in expenditure) and factlities where the benefit to the tharity is renablY quantifiable, measurable and materi. Volunteer help The vdue of any volunteer help reiVed is not included in the accounts. Investment income This is included in Ihe accountswhen re1Vable. Cdng(loss) on This includesany gatn or losSreIl1ng from revduing investmentsto market vajue rev8Juation of f ixed al the end of the year. assets qing{losses) on inveament atS This includesany gain or lOon the sale of investments Page 6
The Community@N&6 tharitable Trust Notesto theAccounts Expenditure Recognition ol expenditure Expenditure is recognised on an accruafsba9s Expenditure includes any VATwhich cannot be f ully recovered, and is reported as part of the expendilure to which it relates. Expenditure on The Compri the costS8s)oated with attracting voluntary income, fundraisng raigng funds trading coasand inveament management o)sts Eypenditure on These comprise the costs 1njrred by the tharity in the delivery ot its activities and charitable activities rvIS in the f urtherance of its objects, induding the making of grants and governan coas AFI grant expenditure is accounted for on an actual pad bass plus an accruaj for grantsthat have been approved by the trustees at the end of the year but not yet paid, These indude th0 costs auated with meeting the constitutional and statutory requirements of the aritY, induding any auditlindependeni examination fees, co&slinked lo the strategic management of the Charity, togelher with a share of other administ ration coas Other expenditure These are ppOrt costs not allocated to a particular a1vItY. ants payable 13Jvernance costs Taxation The charity is exempt from tax on its charitable activities. Tangible fixed t$ and depreaation Depreaation is provided at the following annud rates in order to write off each asset over its estimated usef ul life,. Flanl & Machinery xtures & Flltings 33%rght Line 20%Sraighl Line eehold investment properly Inve&ment propertiesare measured initialy at st and wbquently at fair value at each balance eet date and are not depreciated. All gains or losses are laken10 the Satemenl of Trnanciaj Aclivities as they arise. Socks gock isincluded at the lower of coa or net realisable vaiue. Donated items of ock are recognid at f8ir vdue which isthe amount the charity would have been willing to pay for the itemson the open market, Trade and other debtors Trade and other debtorsare recognised at the ttlement amount due after any trade dIOunt offered. Ffepayments are vatued at the amount prepaid net of any trade dixounlsdue. cash and cath equivalents Cash and cash equivaJentscompri cth al bank and on hand, demand depostswith banks and olher short-ierm highly liquid investments with originaj maturities of Ihree months or less and bank overdrafts In I he statement of f inancial poslion, bank overdrafls are shown within borrowings or current liabililies In the galement of Cash Rows, cath and cth equivatentsare shown net of bank overdraftsthat are repayable on demand and form an integrd part of the company'scath management. Page 7
The Ctjmmunlty@N6 tharitable Trust Notesto theAccounts Trade and other creditors ort term creditors are mea9Jred at the transaction price. Other creditors and provisons are recognid where the charity has a present obligation reIting f rotn a past event that will probably result in the transfer of fundsto athird party and the amount due to settle the obligation can be meawred or eaimated reliably. Qeditors and provisons are normally recognid at their ttlement arriount after allowing for any trade discountsdue. Rearch 3nd development Expenditure on rearch and development iswritten off in the year in which it is incurred. Foreign cxjrrenaes M onetary assets and liabilities denominated in (xjrrencies other than the functiond currency of the charity are trangated ai ihe rales of exchange prevailing al the end of the reporting period, Transactions in currencies other than the functional currency of I he charity are recorded at the rale of exchange on the date that I he I ran&iction OCCLrred. All exchange differences are are taken into account in arriving at net incomel expenditure. Leased awts Where the charity enters into a lea which ent&ls taking gjbstantially dl the ris and rewardsof ownership of an asset, the lease istreated as a finan lea. Leaseswhich do nol transfer substantiajly all the ris and rewardsof ownerthip to charity are classfied as operating leases. Assets held under finan leaS are initidly recognised aSatsOf the charity at their f&r vaiue at the inptIOn of the lease or, if lower, at the prent vajue of the minimum lease payments. Ihe correg)onding liability to the lessor is included in the balan sheet date as a finance lease obligation. Lea paymenlsare apportioned between finance expenses and reduction of the le obligation asto achieve a constanl rate of intere on Ihe reMnIng baance of the liability. nan expenses are recognid immediately, unless I hey are direclly attributable to quaifying 3&elS in which case they are capitalised in accordan with the charity's policy on borrowing costs. Assets held under finance lesare depreciated in the same way as owned assets Operaiing lease payments are recognised asan expense on a straight-line bags over the lease term. In the event that le inntiVeS e reiVed to enter into operating leases, ch incentives are recognid as a li3J)ility. The aggregate benef it of incentives is reojgnised as a reduction ol rent expen on a sIrght-l1ne bass. Penson ojsts The charity operates a defined cont ribution plan for its employees. A defined contribution plan is a penson plan under which the charity paysfixed contributions into a separate entity. on the contribulions have been paid the charity has no further payments obligations The contribulionsare recognid asexpenseswhen they fdl due. Amounts not p&d are thown in accruajsin the b3Jance theet. The atS of the plan are held parately from Ihe charity in independently adminislered funds. ReIpt of donated goods, facilities and ServIS All donated goods, f acilities and services received are recognid within incoming rexjurces and expenditure at an esiimate of the value to the charity. Page 8
The QmmunitY@N6 tharitable Trust Notesto the AcoJunts 2 Satement of finanaal Activities- prior year Unrestricted funds Fèstricted funds Totaj funds 2023 2023 2023 Income and endowmentsfrom.. Donations and legacies aritable activities Other Irading activities Other 10,384 1,681 102,418 12,065 102,418 1,509 19,475 1,509 19,475 Total 31,368 104,099 135,467 Expenditure on.. Fèj'sng funds aritable activities 250 6,130 250 84,179 62,815 78,049 Other 43,185 19,630 Total 49,565 97,679 147,244 Nei income (18,197) 3,930 6,420 (11,777) Transfers between funds (3,g30) Net income before other gasng {los*s) Other gains and losses.. Net movement in funds (14,267) 2,490 (11,777) (14,267) 2,490 (11,777) Fèconaliation of funds.. Total funds brought forward Total fundscarried forward 44,162 33,701 77,863 29,895 36,191 66,086 3 Income from donations and legacies Unrestricted Totas Total 2024 2023 Donations 1,322 1,322 1,322 1,322 12,065 12,065 4 Income f rom charitable activities Restricted Tot Total 2024 2023 Grants ReiVed 125,064 125,064 125,064 125,064 102,418 102,418 Page 9
The (])Mmunity@N6 aritable Trust Notesto the Aco)unts 5 Income f rom other trading activities Unrestricted Totaj 2024 Total 2023 FL)om Hire 717 717 615 Activily Income 894 717 717 1,509 6 Other income Unrestricted Totaj Total 2024 2023 Crther income 6,005 6,005 6,005 6,005 19,475 19,475 7 Expenditure on iaisng funds Total 2024 Total 2023 Rjndraisng tra(Jing cosls r(Jom Hire 250 250 8 Expenditure on tharitable activities Unrearicted Restricted Totaj 2024 Total 2023 Expenditure on charitable activities Activity Q)sts Saff & Freelan CL)Sts 4,327 19,813 41,693 24,140 41,693 23,865 60,314 Gjvernance costs 4,327 61,506 65,833 84,179 Page 10
The Community@N6 Tharitable Trust Notesto the Accounis 9 (Xher expenditure Unrestricted Restricted Totaj 2024 Total 2023 Other interest payable nployee coas Motor and travel coas 58 14,069 25,480 169 39,54g 255 32,139 2,979 16,305 86 Ffemi*s costs AmortitIon, depreriation, iMprment, profitlloss on disposql of fixed assets neral administrative coas Legd and profesgonal coas 61 10,512 10,573 1,866 370 2,236 2,548 7,058 1,228 24,376 169 7,227 1,958 61,806 7,092 1,694 62,815 730 37,430 10 Nel inLDmel (expenditure) before transfers 2024 2023 This is aated after charging.. Depreaation of owned fixed assets 11 gaff costs 2,139 2,548 2024 37,181 1,690 38,871 2023 30,939 1,075 32,014 laries and wages Penson costs No employee reiVed emoluments in excessof £60,000. 12 Tangible fixed tS Fyant & Machinery xtures& ttings Tota st or revatLtation At l nuarY 2024 Additions Diwos3ls At 31 Dernber 2024 Depreaation and impairment At l knuary 2024 Depreciation charge for the year At 31 Dernber 2024 5,365 118 7,432 12,797 118 (233) 12,682 (2331 7,199 5,483 3,745 4,710 8,455 836 1,303 2,139 4,581 6,013 10,594 Net book vaues At 31 December 2024 At 31 Dember 2023 902 1,186 2,722 2,088 4,342 1,620 Paoe 11
The 0)mmunity@N6 tharitable Trust Notesto theAccounts 13 Debtors 2024 2023 Other debtors 1,960 1,960 14 Cleditor& amounlsfalling due within one year 2024 2023 Ilher taxesand Cial security Other (Jeditors 2,695 157 909 Accruals 2,852 910 Page 12
The Community@NE66 tharitable Trust Noiesto the Accounts 15 Movement in funds Incoming rerS At31 ReurS expended oss (includi ng At l knuary other 2024 gains1l0s) Dember 2024 transfers Rearicted fund& Restricted income fund& Children in Need Northumberland thildren's 15,352 49,827 (52,977) 12,202 Trus1 3,401 2,706 1,793 2,262 6,357 1,118 (6,219) 14,673) (137) (16,013) {6,776) {1,023) (5,335) (370) (3,384) (539) 2,818 1,809 Food Hardship Northumberland E4ates Holiday Activity Funds Community Foundation Newcastle Building S)ciety Alnwick Town Counc¢l Communily Chest C¥oundwork hofield Tru B3Jlenger Berniaa Boys Toilet meg Church meg Race 158 1,656 206 13,150 16,748 807 (4,417) (95) 11,912 11,000 5,665 430 5,278 800 8,662 519 20 15,000 10,000 15,000 10,000 412 500 412 500 1,490 (1,490) Total 36,191 125,064 (98,936) 942 63,261 Unre*ricted funds neraj funds 29,895 8,044 (28,703) (942) 8,294 Total funds 66,086 133,108 (127,639) 71,555 Jrposes and rearictions in relation to the funds Fèaricted funds.. Children in Need pporlsthe development our our Universaj Youth Work offer to young people aged 9-19 yr olds Northumberland thildren's Trtjst Food Hardship Northumberland Eaates Holiday Activiiy n5 Q)mmunity Foundation Newcastle Building &)cieiy mes, Race To provide food for people in need To provide food for people in need Page 13
The Community@N&6 tharitable Tru Notesto the A¢xounts 16 Analyssof net alS between funds Unrearicted funds Total Flxed tS 2,088 69,467 71,555 2,088 69,467 71,555 Nel cJJrrent assets 17 Ftconoliation of net debt At31 Dember 2024 Al l &nuary 2024 cath flows ca and cath equivajents 60,694 60,694 11,625 11,625 72,319 72,319 Net debt 60,694 11,625 72,319 18 Commilments Operating lea* commitments Annuaj commitments under nOn-CanlIable operating leasesare asfollows.. 2024 Land and buildings 2024 2023 Land and buildings 2023 Other Other Operating leSwIth expiry date.. Pengon cnmmitments 2024 2023 The pension cost charge to the charity amounted to.. 1,690 1,075 Page 14
The ComMunity@N6 tharitable Tru* Detailed sarement of nana Activities for the year ended 31 December 2024 Unrestricte d funds 2024 Restried funds Tota lunds Tota funds 2024 2024 2023 Ino)me and endowmentsfrom: Donationsand legaaes Donations 1,322 1,322 1,322 1,322 12,065 12,065 tharitable activities fyants Fè1Ved 125,064 125,064 125,064 125,064 102,418 102,418 Other Iradino athivities FiDom Hire Activity Income 717 717 615 894 1,509 717 717 Other Other income 6,005 6,005 6,005 6,005 19,475 19,475 Total income and endowments 8,044 125,064 133,108 135,467 E¥penditure on.. Ojsts of other trading activilies R)om Hire 250 250 Totd of expenditure on raising funds 250 aritable activilies Activity Costs aff & Freelan Costs 4,327 19,813 41,6g3 61,506 24,140 41,6g3 65,833 23,865 60,314 84,179 4,327 Total of expenditure on tharitable activities 4,327 61,506 65,833 84,179 Other expenditure Other interest payable 58 58 Employee costs jariegwages Pension costs Saff training 13,666 403 23,515 1,287 678 37,181 1,690 678 30,939 1,075 125 14,069 25,480 39,549 32,139 Motor and travel co#s Travel and wbssten sness mileage costs re1mburd 74 169 243 2,846 12 12 133 Page 15
The Community@N&6 Charitable Trust Detaled SatemeTIt of financial Activities 86 169 255 2,979 FYemiscos 'ght, heat and power Premises cleaning FremiS repairsand maintenan 8,223 2,289 8,223 2,350 10,781 4,559 61 965 61 10,512 10,573 16,305 nerd adminirative coas, including depreaation and amorti5ation Depreciation of Flant & Machinery Depreciation of fixtures& ttings Loss on disposal of tangible f ixed ts 466 370 836 2,548 1,303 1,303 97 97 C£neraJ insurances Jftware, IT sJpport and related coas SJbscriptions ndry expens Telephone, fax and broadband 1,434 1,434 874 1,302 1,302 1,233 4,187 135 169 4,356 135 4,887 98 8,924 539 9,463 9,640 Legaj and profesgonal costs Auditl Independent examination fees Accountancy and bookkeeping 850 850 850 378 1,228 730 730 1,108 1,958 844 1,694 Total of expenditure of other cosls Total expenditure Net gains on investments 24,376 37,430 61,806 62,815 28,703 98,936 127,639 147,244 Net i ncomel (expenditure) TranerS between funds (20,659) 26,128 5,469 (11,777) (942) 942 Net IncMe1 (expenditure) before other gaing (lows) Other Ggins (21,601) 27,070 5,469 {11,777) Net movement in lunds (21,601) 27,070 5,469 (11,777) Fèconaliation of funds Tot3J funds brought forward 29,895 36,191 66,086 77,863 Total funds carried forward 8,294 63,261 71,555 66,086 Page 16