| Page | |||||
|---|---|---|---|---|---|
| Trustees' Annual Report (Incorporating |
the | Director's Report) | |||
| Independent Examiner's Report |
to the | Trustees | |||
| Statement of Financial 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 | 21 |
| the activitie | s ofthe charity. | s ofthe charity. | s ofthe charity. | s ofthe charity. | ||
|---|---|---|---|---|---|---|
| Reference | and Administrative | Details | ||||
| Registered | charity | name | Teesdale Community | Resources | ||
| Charity registration | number | 1172652 | ||||
| Company | registration | number | 07871055 | |||
| Principal office and | registered | The Hub, Ing Lane | ||||
| oNce | Shaw Bank | |||||
| Staindrop Road |
||||||
| Bamard Castle | ||||||
| DL12 8TA | ||||||
| The Trustees | ||||||
| David Smith | ||||||
| Christopher Arundel |
||||||
| Susan Smith | ||||||
| Diane Tallentire | ||||||
| Rachel Dyne | ||||||
| Jessica White | ||||||
| Independent | Examiner | Jane Ascroft FCA MA (Cantab) | ||||
| Enterprise House |
||||||
| Harmire Enterprise |
Park | |||||
| Bamard Castle | ||||||
| County Durham |
||||||
| DL128XP |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | R | ||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 8,887 | 254,699 | 263,586 | 189,283 | ||
| Charitable activities |
6 | 127,518 | 127,518 | 120,543 | |||
| Investment income |
7 | 390 | 390 | 5 | |||
| Other income | 8 | 6,407 | 6,407 | 32,450 | |||
| Total income | 143,202 | 254,699 | 397,901 | 342,281 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 9,10 | 132,172 | 266,055 | 398,227 | 295,161 | |
| Total expenditure | 132,172 | 266,055 | 398,227 | 295,161 | |||
| Net (expenditure)/income | and net | ||||||
| movement in funds |
11,030 | (11,356) | (326) | 47,120 | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 5,135,533 | 97,527 | 5,233,060 | 5,185,940 | ||
| Total funds carried | forward | 5,146,563 | 66,171 | 5,232,734 | 5,233,060 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | f | ||||
| Fixed Assets | |||||
| Tangible fixed assets | 15 | 5,045,846 | 5,052,409 | ||
| Current Assets | |||||
| Debtors | 16 | 14,395 | 20,651 | ||
| Cash at bank and in hand | 186,156 | 193,352 | |||
| 200,551 | 214,003 | ||||
| Creditors: amounts | falling | due within one year | 17 | 13,663 | 33,352 |
| Net Current Assets | 186,888 | 180,651 | |||
| Total Assets Less Current | Liabilities | 5,232,734 | 5,233,060 | ||
| Net Assets | 5,232,734 | 5,233,060 | |||
| Funds ofthe Charity | |||||
| Restricted funds | 86,171 | 97,527 | |||
| Unrestricted funds |
5,146,563 | 5,135,533 | |||
| Total charity funds | 19 | 5,232,734 | 5,233,060 |
| Donations and |
Leg | a | cies | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2023 | |||||
| Donations | |||||||
| General donations | 1,409 | 1,409 | |||||
| Donations - Food provision | 7,478 | 7,478 | |||||
| Donations - Teesdale | Care | Packages | |||||
| Cumbria Way |
9,070 | 9,070 | |||||
| Grants | |||||||
| British Cycling | 19,314 | 19,314 | |||||
| Thriving Communities |
2,378 | 2,378 | |||||
| Hans and Julia Rausling | 4,462 | 4,462 | |||||
| County Durham | Community | Foundation | 28,872 | 28,872 | |||
| Veterans project | 2,000 | 2,000 | |||||
| YMCA Teesdale | - Stronger | Together | 13,522 | 13,522 | |||
| Durham Community |
Action | 5,500 | 5,500 | ||||
| Thriving Minds |
31,000 | 31,000 | |||||
| National Lottery |
Fund | - Family | 45,000 | 45,000 | |||
| UK Youth | 13,171 | 13,171 | |||||
| Durham County |
Council | 16,093 | 16,093 | ||||
| Power to Change | 10,000 | 10,000 | |||||
| Ballinger Trust | 10,000 | 10,000 | |||||
| Teesdale Action | Partnership | 41,317 | 41,317 | ||||
| Other grants | 3,000 | 3,000 | |||||
| 8,887 | 254,699 | 263,586 |
| Donations and Legacies (convnu~ |
||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| Donations | ||||
| Generaldonations | 3,343 | 3,343 | ||
| Donations - Teesdaie Care Packages | 4,456 | 4,456 | ||
| Grants | ||||
| British Cycling | 17,622 | 17,622 | ||
| NHS Connector grant | 23,862 | 23,862 | ||
| Thriving Communities |
12,382 | 12,382 | ||
| Veterans project |
6,019 | 6,019 | ||
| National Lottery Fund - Family |
45,000 | 45,000 | ||
| Durham County Council |
1,366 | 1,366 | ||
| Volunteer Support fund |
4,316 | 4,316 | ||
| Teesdale Action Partnership | 31,796 | 31,796 | ||
| The Greenhouse | 18,221 | 18,221 | ||
| Community Fund Tyne &Wear - Growth |
&Resilience | 20,000 | 20,000 | |
| Other grants | 900 | 900 | ||
| 3,343 | 185,940 | 189,283 | ||
| Charitable Activities |
||||
| Unrestricted | Restricted | Total Funds | ||
| Funds f |
Funds | 2023 f |
||
| Light up Bamard Castle | ||||
| NLF Family project income | 3,965 | 3,965 | ||
| Event income | 1,223 | 1,223 | ||
| Outdoor Activities | 19,036 | 19,036 | ||
| Kitchen/Cafe | 17,879 | 17,879 | ||
| Room & Facility Hire | 62,865 | 62,865 | ||
| Community Transport |
4,402 | 4,402 | ||
| Accommodation | 15,203 | 15,203 | ||
| income from other activities | 2,945 | 2,945 | ||
| 127,518 | 127,518 |
| Charitable Activities (cont(nued) |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| Light up Bamard Castle | 12,452 | 12,452 | |
| NLF Family project income | 10,082 | 10,082 | |
| Event income | 4,323 | 4,323 | |
| Outdoor Activities | 18,609 | 3,200 | 21,809 |
| Kitchen/Cafe | 8,647 | 8,647 | |
| Room & Facility Hire | 43,636 | 43,636 | |
| Community Transport |
1,977 | 1,977 | |
| Accommodation | 15,178 | 15,178 | |
| Income from other activities | 2,439 | 2,439 | |
| 94,809 | 25,734 | 120,543 |
| Investment | Income | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| F | |||||||
| Bank interest receivable | 390 | 390 | 5 | 5 | |||
| Other Income | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| f | |||||||
| Renewable | Heat Initiative | 6,407 | 6,407 | 3,450 | 3,450 | ||
| DCC Covid | Support | 29,000 | 29,000 | ||||
| 6,407 | 6,407 | 32,450 | 32,450 | ||||
| Expenditure | on Charitable | Activities | by Fund Type | ||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2023 | |||||
| Costs ofCharitable | Activities | 132,172 | 266,055 | 398,227 | |||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| F | |||||||
| Costs ofCharitable | Activities | 123,766 | 171,395 | 295,161 |
| 10. | Expenditure | on Charita | ble | Activ | ities by Activity Type | ||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Total funds | Total fund | |||||
| directly | 2023 | 2022 | |||||
| Costs of Charitable Activities |
398,227 | 398,227 | 295,161 | ||||
| 11. | Net (Expenditure)/Income | ||||||
| Net (expenditure)/income | is | stated | after charging/(crediting): | ||||
| 2023 | 2022 | ||||||
| R | |||||||
| Oepreciation | oftangible | fixed assets | 3,112 | 4,150 | |||
| 12. | Independent | Examination | Fees | ||||
| 2023 | 2022 | ||||||
| R | |||||||
| Fees payable | to the independent | examiner for: | |||||
| Independent | examination | of | the financial statements | 750 | 750 | ||
| Other financial services | 800 | 700 | |||||
| 1,550 | 1,450 |
| Staff Costs | |||||
|---|---|---|---|---|---|
| The total staff costs and | employee | benefits for the reporting | period | are analysed as | follows: |
| 2023 | 2022 | ||||
| Wages and salaries Social security costs |
126,291 4,613 |
123,116 4,543 |
|||
| Employer contributions | to pension | plans | 2,274 | 2,161 | |
| 133,178 | 128.820 |
| The average head |
The average head |
count | of employees | of employees | during | 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 Number |
ofmanagement ofproject staff |
staff | 1 8 |
1 7 |
||||
| 9 | 8 |
| Tangible Fix | ed Assets | |||||
|---|---|---|---|---|---|---|
| Freehold | Project | Office | Motor | |||
| property | Equipment | Equipment | vehicles | Total | ||
| F | ||||||
| Cost | ||||||
| At 1 April 2022 | 5,039,960 | 260,563 | 39,099 | 51,000 | 5,390,622 | |
| Disposals | (51,000) | (51,000) | ||||
| At 31 March | 2023 | 5,039,960 | 260,563 | 39,099 | 5,339,622 | |
| Depreciation | ||||||
| At 1 April 2022 | 253,287 | 38,527 | 46,399 | 338,213 | ||
| Charge for the year | 1,819 | 143 | 1,150 | 3,112 | ||
| Disposals | (47,549) | (47,549) | ||||
| At 31 March | 2023 | 255,106 | 38,670 | 293,776 | ||
| Carrying amount |
||||||
| At 31 March | 2023 | 5,039,960 | 5,457 | 429 | 5,045,846 | |
| At 31 March 2022 | 5,039,960 | 7,276 | 572 | 4,601 | 5,052,409 | |
| Debtors | ||||||
| 2023 | 2022 | |||||
| R | F | |||||
| Trade debtors | 13,893 | 12,947 | ||||
| Prepayments | and accrued income | 7,704 | ||||
| Other debtors | 502 | |||||
| 14,395 | 20,651 |
| Creditors: amounts falling due within one year |
||
|---|---|---|
| 2023 | 2022 | |
| R | E | |
| Trade creditors | 9,432 | 3,242 |
| Accruals | 960 | 960 |
| Social security and other taxes | 2,735 | 5,286 |
| Pension creditor | 536 | 433 |
| Deferred income | 23,431 | |
| 13,663 | 33,352 |
| Analysis ofCharitab | Analysis ofCharitab | le Funds |
||||
|---|---|---|---|---|---|---|
| Unrestricted funds |
||||||
| At | At 31 March | |||||
| 1 April 2022 | Income | Expenditure | 2023 | |||
| F | ||||||
| General | funds | 95,573 | 143,202 | (132,172) | 106,603 | |
| The Hub | 5,039,960 | 5,039,960 | ||||
| 5,135,533 | 143,202 | (132,172) | 5,146,563 | |||
| At | At 31 March | |||||
| 1 April 2021 | Income | Expenditure F |
2022 f |
|||
| General | funds | 88,732 | 130,607 | (123,766) | 95,573 | |
| The Hub | 5,039,960 | 5,039,960 | ||||
| 5,128,692 | 130,607 | (123,766) | 5,135,533 | |||
| Restricted funds | ||||||
| At | At 31 March | |||||
| 1 April 2022 | Income | Expenditure | 2023 | |||
| F | F | |||||
| NHS Connector grant | 19,868 | (19,868) | ||||
| Thriving | Communities | 5,404 | 2,378 | (7,782) | ||
| Teasdale | Care Packages | 2,167 | (2,167) | |||
| Volunteer | Support fund (CDCF) | 4,097 | (4,097) | |||
| DCC Towns and Villages | 5,000 | (5,000) | ||||
| Veterans | Project | 2,000 | 2,000 | (4,000) | ||
| BMX Improvements | 7,052 | 19,314 | (26,366) | |||
| Duke of | Edinburgh | 200 | (200) | |||
| Donations - Cumbria | Way | 9,070 | (1,951) | 7,119 | ||
| National | Lottery - Family | 43,702 | 45,000 | (43,355) | 45,347 | |
| UK Youth | 13,171 | (13,171) | ||||
| TAP - Youth Work Training | 14,000 | (9,025) | 4,975 | |||
| Ballinger | Trust - Youth Work | 10,000 | (5,000) | 5,000 | ||
| Durham | Community | Action | 5,500 | 5,500 | ||
| Thriving | Minds | 31,000 | (25,832) | 5,168 |
| 19. | Analysis ofCharitable | Funds (conrinuu) | Funds (conrinuu) | ||||
|---|---|---|---|---|---|---|---|
| TAP - Heritage Garden |
Fund | 3,348 | (3,348) | ||||
| Durham County Council |
- Fun and | ||||||
| Food | 10,093 | (10,093) | |||||
| Hub Bub Community Fridge |
3,000 | (468) | 2,532 | ||||
| Bookfest | 3,500 | (3,500) | |||||
| Know Your Community | (CDCF) | 5,372 | (5,372) | ||||
| Power to Change | 10,000 | (10,000) | |||||
| TAP Food Provision | 4,365 | (4,365) | |||||
| Organisational Sustainability |
(CDCF) | 10,000 | 10,000 | ||||
| The Greenhouse | 5,324 | (5,324) | |||||
| Hans and Julia Rausling | Food | 4,462 | (3,932) | 530 | |||
| YMCA Teesdale - Stronger Together | 13,522 | (13,522) | |||||
| TAP - Core cost funding | 27,317 | (27,317) | |||||
| CDCF - Poverty Hurts | 10,000 | (10,000) | |||||
| CDCF - Warm Space | 1,000 | (1,000) | |||||
| 97,527 | 254,699 | (266,055) | 86,171 | ||||
| At | At 31 March | ||||||
| 1 April 2021 | Income | Expenditure | 2022 | ||||
| E | E | ||||||
| NHS Connector grant | 23,862 | (3,994) | 19,868 | ||||
| Thriving Communities |
12,382 | (6,978) | 5,404 | ||||
| Teesdale Care Packages | 10,492 | 4,456 | (12,781) | 2,167 | |||
| Tyne &Wear Community | Foundation- | ||||||
| Growth & Resilience |
20,000 | (20,000) | |||||
| Volunteer Support fund |
(CDCF) | 4,316 | (219) | 4,097 | |||
| Pioneering Care Partnership |
3,900 | (3,900) | |||||
| Light Up Bamard Castle | 12,452 | (12,452) | |||||
| DCC Towns and Villages | 900 | (900) | |||||
| Veterans Project | 6,019 | (4,019) | 2,000 | ||||
| BMX Improvements | 17,622 | (10,570) | 7,052 |
| Duke of Edinburgh | 3,200 | (3,000) | 200 | |||
|---|---|---|---|---|---|---|
| TAP - FACE project | 1,526 | (1,526) | ||||
| National Lottery - Family |
32,812 | 55,082 | (44,192) | 43,702 | ||
| TAP - Heritage Garden |
Fund | 7,518 | (4,170) | 3,348 | ||
| Hub Bub Community | Fridge | 1,366 | (1,366) | |||
| TAP Food Provision | 31,796 | (27,431) | 4,365 | |||
| The Greenhouse | 1,000 | 18,221 | (13,897) | 5,324 | ||
| 57,248 | 211,674 | (171,395) | 97,527 |
| Analysis ofNet A | ss | ets Between Funds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | TotalFunds | |||
| Funds | Funds | 2023 | |||
| Tangible fixed assets | 5,045,846 | 5,045,846 | |||
| Current assets | 114,380 | 86,171 | 200,551 | ||
| Creditors less than | 1 | year | (13,663) | (13,663) | |
| Net assets | 5,146,563 | 86,171 | 5,232,734 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 f |
|||
| Tangible fixed assets | 5,052,409 | 5,052,409 | |||
| Current assets | 116,476 | 97,527 | 214,003 | ||
| Creditors less than | 1 | year | (33,352) | (33,352) | |
| Creditors greater than | 1 year | ||||
| Net assets | 5,135,533 | 97,527 | 5,233,060 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| R | F | ||||
| Income and endowments | |||||
| Donations and legacies |
|||||
| General donations | 1,409 | 3,343 | |||
| Donations - Food provision | 7,478 | ||||
| Donations - Teesdale Care | Packages | 4,456 | |||
| Cumbria Way |
9,070 | ||||
| British Cycling | 19,314 | 17,622 | |||
| NHS Connector | grant | 23,862 | |||
| Thriving Communities |
2,378 | 12,382 | |||
| Hans and Julia Rausling | 4,462 | ||||
| County Durham | Community | Foundation | 28,872 | ||
| Veterans project | 2,000 | 6,019 | |||
| YMCA Teesdale | - Stronger | Together | 13,522 | ||
| Durham Community Action |
5,500 | ||||
| Thriving Minds |
31,000 | ||||
| National Lottery |
Fund - Family | 45,000 | 45,000 | ||
| UK Youth | 13,171 | ||||
| Durham County |
Council | 16,093 | 1,366 | ||
| Volunteer Support fund |
4,316 | ||||
| Power to Change | 10,000 | ||||
| Ballinger Trust | 10,000 | ||||
| Teesdale Action | Partnership | 41,317 | 31,796 | ||
| The Greenhouse | 18,221 | ||||
| Community Fund |
Tyne &Wear - Growth | 8 Resilience | 20,000 | ||
| Other grants | 3,000 | 900 | |||
| 263,586 | 189,283 | ||||
| Charitable activities |
|||||
| Light up Bamard | Castle | 12,452 | |||
| NLF Family project income | 3,965 | 10,082 | |||
| Event income | 1,223 | 4,323 | |||
| Outdoor Activities | 19,036 | 21,809 | |||
| Kitchen/Cafe | 17,879 | 8,647 | |||
| Room 8 Facility | Hire | 62,865 | 43,636 | ||
| Community Transport |
4,402 | 1,977 | |||
| Accommodation | 15,203 | 15,178 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| F | ||||
| Brought forward | (124,573) | (118,104) | ||
| Income from other | activities | 2,945 | 2,439 | |
| 127,518 | 120,543 | |||
| Investment income |
||||
| Bank interest receivable | 390 | |||
| Other income | ||||
| Renewable Heat Initiative DCC Covid Support |
6,407 | 3,450 29,000 |
||
| 6,407 | 32,450 | |||
| Total income | 397.901 | 342,281 | ||
| Expenditure | ||||
| Wages | 126,291 | 123,116 | ||
| Employer's NIC |
4,613 | 4,543 | ||
| Pension costs | 2,274 | 2,161 | ||
| Room hire and accommodation | costs | 11,346 | 9,352 | |
| Utilities | 69,500 | 37,338 | ||
| Repairs &maintenance | 20,971 | 10,169 | ||
| Insurance | 7,704 | 7,704 | ||
| NLF Family costs | 24,449 | 16,989 | ||
| Transport costs Youth work costs |
5,081 16,231 |
3,867 6,228 |
||
| BMXimprovement costs Legal &professional fees Teasdale Care Packages and Office costs Depredation Impairment Outdoor Activity costs Event costs Cafe costs Other project costs |
Food Provision | 27,648 1,550 11,364 7,305 3,112 3,451 13,870 6,648 16,057 18,762 |
10,571 1,450 13,580 6,922 4,150 10,958 2,863 4,993 18,207 |
|
| Total expenditure | 398,227 | 295,161 | ||
| Net (expenditure)/income | (326) | 47,120 |