Company Registration Number.. 07871055 Charity Registration Number: 1172652 Teesdale Community Resources Financial Statements For the Year Ending 31 March 2024 JANE ASCROFT ACCOUNTANCY LIMITED Chartered Accountants Enterprise House Harmire Enterprise Park Bamard Castle County Durham DL12 8XT
Teesdale Community Resources Financial Statements Year Ended 31 March 2024 Page Trustees, Annual Report Ilncofporating the Directols Reporti Independent Examiner's Report to the Trustees statom8nl of Financial Activllies {Including Income and Expenditure Account) Statement of Flnancial Posits'on Notes to the Finan¢ial Statements The Followlng Pages Do Not Form Part of the Flnanclal Ststements Detsiled Statement of Financial Activities 21
Teesdale Community Resources Trustees. Annual Report Ilncory)orating th6 Directorfs Report) Year End 31 Mah 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Ob. ctiv•s and Activitles The objects of the charity to promote any charitable purpose for the benefit of the community of Teesdale, by assockqting logether volunteers, in particular aged betren 14 and 25, and organisations in 8 common effort to advance education, protect health, relieve poverty and sickness. The TCR Hub is open Monday lo Saturday. The opening times vary according lo the r¢eeds of community an(i private bookings. The charty provides regular activities for a range of groups every week. A b'metable of activities can be foynd on our website www.tcrhub.co.uk.The charity also runs one off events and activities themsefve$ and on behalf of other organisations and individual8. Achievoments and Perforniance The Financial Year 2023 to 2024 has been a positive one for the organisation. Despiie having a deficit on our restricted fvnding, we have used this money lo make a positive difference to our community and increase the capacity of our services. We have been able lo maintain our Reserves and keep a healthy unrestri¢led balance, something thal has not b&n easy gwen the current costs of running a venue. This will stand us in good stead rr*)ving fornvard, with finances available to continue supporting the communty and ensuring our venue is fft for purpose and offering superb quality resources. Oui slaff team is a dedicated group of community engagement workers who strive to provrde the best for our serve users and commercial customers alike. We have maintained Some wonderfijl projects this year such as Family Social Club, Tea and Tots, The Food Pantry, Corninunity Lunch, Duke of Edinburgh Awaré and Outdoor Actwity Club as well as hosb'ng a number of fantastic community events such as the Durham FestlV81 of Wellbeing, Light Up Bamard Castle and 8ookfest. Our team has spent time 9rowng new projects and services this year including the additions of Music Space for young people, Trashion Club, Gaming Club, Club Creative, Breastfeeding Support. Creative Coffee Momings and Just Cook. We have also seen a growth in delivery for specific groups such as Veterans and families with neurodiverse members. We are grateful for the support of our partners including the YMCA, UTASS, AYCC, NE Youth Durham Youth AllnCe, The Wilham and Teesdale Day Clubs. We are also grateful for the support of our funders, who include Teesdale Area Actron Partnership, County Durham Community Foundation, Durt)am Community Aelion, North Star Housing, National Lottery Community Fund and Pioneering Care Partnership, armngst many others. Wlhout partnership work and tho support of fvnders we would simply not be able to deliver such good quality services. Flnanclal Review Income for the year was £411,579 12023 - £397,901) and expenditu was É457,640 {2023 £398,227) giving an overall deficit of £46.061 (2023 £3261. This eomprises a deficit of £58,766 on reStrted funds and a surplus of £12,705 on unreStrd fvnds. The tru51ees wish to hold reserves of beeen 3 and 6 months running costs vthich currendy equates lo beeen £100,000 and £200,000. At 31 st March 2024 reserves tolalled £119.308 which is within this rdnge.
Teesdale Community Resources Trustses. Annual Report Ilncorporatlng the Dirgctorfs Report) {contlnuedJ Year Ended 31 March 2024 Stru¢ture Governance and Mana èmont Tee5dale Community Resources is a registered charity and limrted company. On 1st May 2017 the activities, assets and liabilitS were transferred to the chanty from the unincorForated charty of the same name. The charity runs a purpose built communty and youth facilty called Ihe TCR Hub. The ¢entre was opened to the public in 2010. The charity 1$ govemed by a management committee who meet quarterty and is chaired by one of the trustees. The management committee currently has 7 members with expertise ranging from finance to property to enterprise and charity and community work. Publlc Ben•frt Our main activities and who we help are deribed elsewhere in this rewrt. All our charitable activities are undertaken to fvrther our charitable purposes for the public benefit. The Committee have had regard to the Charity Commission's guidance on public benefit throughout the year when deading on the activities of the charity- Reforence and Admlnlstrallye Detall8 Regl$lored charlty nam• Teesdale Conynunity Resources 1172652 Charfty reg16tration numbèr Company r•gistratlon number 07871055 Princlpal offlu and reglstered The Hub, Ing Lane officfr Shaw Bank Slaindrop Road Barnard Castle DL12 BTA Th• Trust8es David Smith Christopher Arundel (Chair) Susan Smith Diane Tallenlire IDeputy Chairl Rachel Dyne (Treasurer) Jessica lIe Amy Bainbridge (Secretary) Kim Aldrich Kenny Walker (Resigned 20 October 20231 {Resignèd 20 O¢lober 2023) (Resigned 7 De*mber 20231 (Appointed 24 August 20231 (Appointed 20 October 20231 {Appointed 20 Octoter 2023) Independent Examiner Jane Ascroft FCA MA ICantsb} Enterprise House Harmire Enterprise Park Bamard Castle County Durham DL12 8XT
Teesdale Community Resources Trustees. Annual R¢port {Incorporatlng the Dlrectorf8 Report} {eontlnts•d) Year Endod 31 March 2024 Small Company Provlsions This r&F)Ort has been prepared in accordance with the provisions applicable to companies entiued lo Ihe Small conwanie5 exemptK•n. The trustees. annual report was approved on .............................. and signgd on behalf of the board of trustees by.. Christopher Arundel (Chairl Trustee
Teesdale Community Resources Independ•nt Examlner's Report to the Tru8tee8 of Tee8dale Communty Resour¢e8 Ygar Ended 31 March 2024 I rewrt to the Iruslees on my examination of the fin8ncial statements of Teesdale Community Resources {'the ¢harity'l for the year ended 31 March 2024. Responslbllltles and Basis of Rgport As the trustees of the company land also its directors for the purposes of compary lawl you are responsible for the preparation of the financial stslements in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Pari 16 of the 20C6 Act and are eligible for independent examination, I report in SpeCt of my examinatlft of the charity's accounts as carried out under section 145 of the Chartties Act 2011 {'the 2011 Act,). In carrying Out my examination I have followed the Directions gwen by the Charity Commission under section 145{5llb} of the 2011 Act. Indopendenl Examlnets Statement Since the charity's gross inc<)me exceeded £2SO.000 your examiner must be a member of a body listed in section 145 of the 2D11 Acl. I confim) that l am qualified to undertake the examination because l am a member of the Inslitule of Chartered Accountants in England and Wales IICAEW), which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connedion with the examination giving me cause to believe.. accounting records were not kept in speLl of the tharity as required by section 386 of the 2006 A¢t', or the financial statents do not accord with those ColdS., Of the financial statements do not comply wlh the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination., or the financial ststements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charitles applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appluble in the UK and Republic of Ireland IFRS 1021. I have no concerns and hav8 come across no other matters in ¢onneclion with the examination to which allentKJn should be drawn in thts report in order to enable a proper understandlng of the accounts lo be reached. Jane Ascroft FCA MA (Cantabl Independent Examiner Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XT
Teesdale Community Resources Statemont ol Flnan¢ial Actlvltles lineluding income and expenditure account) Year Ended 31 Narch 2024 2024 Restricted funds Total funds Total fvnds 2023 Unrestricted funds Nots Income and endowments Donations and legacies Cttaritsble activities Investment in¢orne other income 11,969 149,004 1,198 17,437 179,608 231,971 243,940 149,004 1.198 17.437 411,579 263,586 127,518 390 6,407 Totsl Income 231,971 397.901 Expenditure Expenditure on charitable 8¢tivities Total expfynditure 9,10 166,903 166,903 290.737 290.737 457,640 398,227 398,227 457,640 Not oxpondlture 12,705 158,7661 146,C61) 13261 Other rft¢ognised galns and 1088eg Gains on property revaluation Not movement In funds 340.040 340.040 352.745 158.766) 293.979 {3261 Reconclllation of fund$ Total funds brought forward Total funds carrled fonvard 5,146,563 5,499,308 86.171 5.232,734 5,233.060 27.405 5,526,713 5,232.734 The statement of financial activf(S includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 7 to 19 forni part of Ihese flnanclal statèments.
Teesdale Community Resources Statemènt of Flnanclal Positlon 31 March 2024 2024 2023 Not• Fixed As8&ts Tangible fixed a55ets 15 5,384,415 5,045,846 Current Assèts Debtors Cash at bank and in hand 16 57,703 133,513 14.395 186,156 200,551 191,216 Crodilorn: amounts falllng due withln one year Net Current Assets 17 48,918 142,298 5,526,713 5.526,713 13,663 186.888 5,232,734 5.232,734 Total A$¥ets Less Current Llabili11gS Net Assfrts Funds ofthe Charity Reslricled funds Unrestricted funds 27.405 5.499.308 86,171 5,146,563 5,232,734 Total charity fvnds 19 5.526.713 For the year ending 31 March 2024 the charty was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating lo small c¥)mpanies. D1CtOrS, responsibilities.. The wtmbers have not required the company to obtain an audit of it5 financial stalenEnts for the year in question in accordance with section 476., The directors acknowledge their responsibilities for comptying with the requiremènts of the Act with reSPt to accountsng words and the preparation of financial statements. Thgse financral statements have been prepared in accordance with the provisions applicable to ompanies subject lo the small Gompanies, regime. These financial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by.. Christopher Arundel (Chair) Trustee The notss on pages 7 to 19 fomi part of these financlal statèments.
Teesdale Community Resources Notss to the Financial Staloments Year Ended 31 MaKh 2024 Ggngral Informatlon The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registsred charity in England and Wales. The address of the registered office is The Hub, Ing Lane, Shaw Bank, Stsindrop Road. Bamard Casue, DL12 8TA. Statomènt ol Compliance These financial slatements have tseen ppared in compliance with FRS 102, 'The Financial Reporting Standard applicable in Ihe UK and the Republic of Ireland,, Ihe Statement of Recommended Practice applicable to Charities preparing their accounts in a¢cordance with the Financial Reporting Standard appIlble in the UK and Republic of Ireland IFRS 1021 (charits SORP {FRS 102}l and the Companie5 Act 2006. Accounting Pollcles Basis of Pr¢paration The financial ststements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liakn'lilies and investment properties measured at fair value through income or expenditure. The financial staten*nts are prepared in sterling, which is the fvnctlonal currency of the entity Going Concam There are no material uncertainties about the charity's ability to continue. Judgements and Key Source$ of Estimation Uncertalnty The preparation of the financial statements requires management to make judgements. estimates and assumptions that affect the amounls reported. These estimates and judgements are continually reviewed and are based on eXpernCe and other factors, induding expectations of fure events that are believed to be reasonable under the circumstances. The trustees consider that there are no signrficanl eslimales or judgements affecling these financial slatements. Fund A¢¢ounting Unrestricted funds are available for use at the discreth?n of the truste85 to fvrther any of Ihe charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular fvture project or commilmenL Reslricled funds are subjected to restrictions on their expenditu declared by the donor or through the terms of an appeal, and fall into ong of sub-classes.. restricted income funds or endowment funds. Income All income is included in the statement of financial activities when entiuement has passed to the charity, it is probable that the economi¢ benefits associated with the transaction will fhjw to the charity and the amount can be reliably measured. The following specific polKies are applied to particular categories of income-.
Teesdale Community Resources N¢)tes to the Flnancial Statements {conthu¢d) Year Ended 31 March 2024 A¢counllng Poli¢i95 f¢ontlnued) Income (tolllinwd) income from donaltons or grants is recognised when there is evKlence of entitlement to the gt receipt is probable and its amount can be measured reliably. gacy income is recognised when receipt is probable and entitlement is establlshed. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliabty, in which case the value is derived from the cost to the donor or the eslimated resale value. Donated faalitEs and services are recognised in the accounts when recewed if the value can be reliably measured. No amounts are induded for the contribulion of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular pury)o$e and retumed if unspenL in which case it may be regarded as restricted. Expenditure ExpenditLtre is recognised on an accruals basis as a liability is incurred. Expendliure includes any VAT which Cannot be fvlly recovered, and is classified unéer headings of the statement of financial activibes to which it relates.. expenditu on iaising funds includes the costs of all fundraising activities, events. non-charitable traing activities. and the sale of donated goods. expenditu on charitable activities in¢ludes all costs incurred by a charity in undertakiTrJ activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and Costs relating to the governance of the charity apportioned to charitable activities. other 8xpgnditure includes all expenditure that is neither related to raising funds for the charity nor part of ils expenditure on charitabk activities. AJI costs are all¢xated io"expenditure categories reflecb'ng the usg of the resource. Direct costs attributsble to a single activity are allocated dIreCY to that activity. Shared costs are apporttoned beeen the activities they contribute to on a reasonable, justifiable and consislenl $. Tangible Assets Tangible assets are initially recorded al cost. and subsequently stated at cost less any a¢cumulated depreciation and impairnient losses. D•prèclatlon Depreciatson is calculated so as to wrrte off the cost or valuation of an asset, less its residual valug, over the useful economic life of that assel as foll¢)ws'. Project Equipment Office Equipment Motor Vehicles 25% reducing balance 25¥0 reducing balan 25% reducing balan
Teesdale Community Resources Notes to the Fln•nei•l Statements (contlnu4dJ Year Ended 31 March 2024 Accounting Poli¢i0s f¢tsnithu8d) Depreciatlon (¢oRtlnued) No depreciab'on is provided on freehold property as the propety is maintained to such a standard that any deprechqtion would be immaterial. Impalrnienl of Flxod Assets A review for indicators of impairment is carried out al each reporting date, with the recoverable amount boing estimated where such indicators exist. Where the carrying value exceeds the overable amount. the asset is impaired accordingly. Prior impaimients are also reviewed for possible reversal al each r6porting dale. Flnaneial Instrumonts The charity only has financi81 assets and liabilities of a kind that qualify as basic financral instruments. Basic financial instruments are initially cOgniSed al transaction value and subsequently measured at their settlement value. Defined Contribution Plans Contributions to defined contribution plans are recognised as an expense in the period in whlch the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment wll lead to a reduction in fvt payments or a cash refund. Vwhen ¢ontributions are not expected lo be settled wholly wrthin 12 months of the end of the reporting dale in which the employees render the related servrk, the liability is'measured on a discounted present value basis. The unwinding of the dUnt is recognised as an expense in the period in which rt aris8S. Debtors Trade and olher debtor5 are recognlsed at the settlement amount due after any trade discount offered. Prepayments are valued at the amount PTepaid net of any trade discounts due. Acuued income and tsx recoverable 15 included at the best estimate of the amounts receivable al the balance sheet dale. Cash at 8ank and in Hand Cash at bank and cash in hand includes cash and short term highly liquld Investments with a short maturty of three months or less from th8 date of acquisrtion or opening of the deposit or similar account.
Teesdale Community Resources Notss to the Fln•n¢ial Slatements {¢onllnuedJ Year Ended 31 March 2024 Accountlng Policies fcontlnu Creditovs Creditors are recognised where the charity has a present obli9alion resulting from a past event that will probab result in the transfer of funds to a third paty and the amount due to settl• the obligation Can be measured or estimated reliably. Credbtors are nomially recognised at their settthent amount after allowing for any trade discounts due. Taxatlon The company is CQnSKlered to pass the tests sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporaty'on tsx purposes. A¢¢ordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Ad 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively lo charitable purposes. Llmited by Guarantee The company is limf(ed by guarantee. At 31 March 2024 there were 6 members each of whom had undertaken to contribute an amount not exceeding £1 in the event of a winding up. 10
Teesdale Community Resources Not•s to the Financial Ststemgnts (contlnued) Year Ended 31 March 2024 Donatlons and Lega¢ios (contlnu Unrestri¢led Funds R851ricted Total Fund8 Funds 2024 Donatlons General donaltons Donations- Food provision Cumbria Way Maddy's Mental Health Fund 343 11.396 230 343 11,396 230 16.252 16,252 Grants British Cy¢ling Durham Youth Print County Dutham Community Foundation YMCA Teesdale - Stronger Ttyjether Durham Community Action Cyclists Club National Lottery Fund UK Youth Durham County Council pcp King's Coronation Fund Barbour Foundation 1,339 6,000 64,410 13,664 3,120 2,5DO 38,302 34,550 39,734 5.100 5,000 2,000 231,971 1,339 6,000 64,410 13,664 3,120 2,500 38,302 34,550 39,734 5,100 5,000 2,000 11,969 243,940 11
Teesdale Community Resources Notes to the Flnancial Statomonts (conltnuedj Year Ended 31 March 2024 Donations and Legac198 (¢oniinu Unreslricled Funds Restricted Totsl Funds Funds 2023 Donation8 GeneTal donalions Donations- Food provision Cumbria Way 1.409 7.478 1,409 7,478 9,070 9.070 Grants British Cycling Thriving Communitie$ Hans and Julia Rau51ing County Durham Community Foundation YMCA Teesdale- Stronger Tc*3ether Durham Community Action National Lottery Fund UK Youth Durham County COU11 Power to Change Ballinger Trust Teesdale Action Partnership Other grants 19,314 2,378 4,462 28,872 13.522 5.500 45.OC(I 44.171 18.093 10,000 10,000 41,317 3,000 19,314 2.378 4,462 28,872 13,522 5,500 45,0 44,171 18,093 10,0 10,000 41,317 3,000 263,586 8.887 254.699 Charitable Acllvili Unrestrided Total Funds Unreslricted Total Funds Funds 2024 Funds 2023 NLF Famity project incorr Event income Outdoor Activities Kilchenlcafe Room & Facility Hire Community Transport Accommcxlation Income from other activit 8,812 154 17,532 21,948 80,113 3,034 12,970 4,441 8,812 154 17,532 21,948 80,113 3,034 12,970 4.441 3,965 1,223 19,036 17,879 62,865 4,402 15,203 2,945 127,518 3,965 1,223 19,036 17,879 62,865 4,402 15,203 2,945 127.518 149,004 149.004 Inve8tmont Income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest reoeivable 1,198 1,198 390 390 12
Teesdale Community Resources Notes to the Financial Stat¢ments f¢onn*d) Yèar Ended 31 March 2024 Other Income Unrestri¢led Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Renewable Heat Initiative 17,437 17,437 6.407 6,407 Expendlthre on Charitable Actlvltl•s by Fund Typo Unrestricted Funds Restricted Total Funds Funds 2024 Costs of Charitable Activities 166,903 290,737 457,640 Unrestricted Funds Restricted Total Funds Funds 2023 Costs of Charitsble Activities 132,172 266,055 398.227 10. Expenditure on Charitable Actlvltle$ by Actlvity Type Actwities undertaken Total fund¥ directty 2024 Total fund 2023 Costs of Charitable AGtivrtvès 457,640 457,640 398,227 11. Net Exp•nditure Net expenditure is stated after ¢hargingllcredilingl'. 2024 2023 Depreciation of tangible fixed assets 1.471 3,112 12. IndendOnt Examlnation Fees 2024 2023 Fees payable to the independent examiner for. Independent examination of the linancial statements Other financial services 1,000 660 750 800 1,660 1,550 13
Teesdale Community Resources Notes to tho Financlal Staloments (COnllnu•d) Y¢ar Ended 31 March 2024 13. Staff CoBts The total staff costs and employ& benefits for the reporting periixl are analysed as follows.. 2024 2023 Wages and salaries Social security costs Employer contnbutions lo pension plans 156.136 6.636 126,291 4,613 2.274 165,376 133,178 The average h8ad count of employees durfng the year was 10 {2023: 9). The average number of Il-time equivalent employees during Ihe year ts analysed as fdlows.. 2024 2D23 No. Numberof management staff Number of project staff 10 No employee received empbyee benefits of more than £60,000 during the ye8r12023'. Nill. Key Managgmgnt Pfrr8onno1 Key management petsonn81 include all persons that have authofity and responslbility for planning. directing and controlling the activities of the charity. The totsl compensation pald to key management personnel for service$ provided lo the charity was £43,000 {2023".£37,3081- 14. Trustse Romuneratlon and Expenses Trustees have reIved neither remunerats'on nor expenses during the year 14
Teesdale Community Resources Not•s to the Financial Statsmvnts (wiwnued) Year End•d 31 March 2024 15. Tinglbto Fixed Assots Freehold Project propety Equipment Equipment Tolal At 1 April 2023 Revaluations 5.039.960 340.040 260,563 3g,099 5,339.622 340,040 At 31 March 2024 5.380,000 260,563 39,099 5.679,662 Depre¢iation At 1 April 2023 Charge for the year At 31 March 2024 255,1(k8 1,364 256,470 38,670 107 293,776 1,471 295,247 38.777 Carrylng amount At 31 March 2024 5.380,000 5.039,960 4,093 5,457 322 5,384,415 At 31 March 2023 429 5,045,846 16. Debtorn 2024 2023 Trade debtors other debtors 57,703 13,893 502 57,703 14,395 17. Cr•ditor8: amounts lalllng due within one year 2024 2023 Trade creditors Accruals and deferred income Social securty and other taxes Pension creditor Deferred income 1,525 960 8,563 516 37,354 48,918 9,432 960 2.735 536 13.663 18. Penslons and Other Post Retlrement Benefits Deflned contribution plans The amount recognise¢J in income or expenditure as an exnSe in relation to defined contribution pL4ns was £2.60412023.' £2,274). 15
Teesdale Community Resources Notes to the Financial Ststsments (contlnu Year Ended 31 March 2024 19. Anaty819 of Charftablfr Funds Unrostrlcted funds At 1 April 2023 Galns and At 31 M*r¢h losses 2024 Income Exwndrture General funds The Hub 106,603 6.039.960 179,608 1166,9031 119,308 5,380.000 340,040 340,040 5.146,563 179,608 1166,9031 5,499.308 Gains and Al 31 March losses 2023 1 April 2022 In¢ome Expenditure General fvnds The Hub 95,573 5,039,960 5.135,533 143,202 1132,172) 106.603 5,039.960 143,202 1132,172) 5,146,563 Ro¥trict¢d funds At 1 April 2023 Gains and At 31 March losses 2024 Income Expenditure Veterans Project BMX Improvernents Duke of Edinburgh Donations - Cumbria Way National Lottery - Family TAP- Youth Work Training 8allinger Tru51- Youth Work Durham Communty Action Thriving Minds Durham County Council Fun and Food Hub Bub Community Fridge 6,750 1,339 14,000} 11,339) 2,750 7,119 45,347 16,8891 {57,6661 230 12,319 4.975 4,975 5,000 {s,oc#J) 5,500 5,168 {5,500) 133,168 31,000 3.000 3,984 13,984} 2,532 12,5321 16
Teesdale Community Resources Nolos to the Flnancial Statements (contlnts•dJ Ye•r Ended 31 March 2024 19. Analys18 of Charltable Fvnds (conrfntsod) Bookfesl Kn¢)w Your Community ICDCF) organisatnal Sustainability ICDCFF) DCC- The Greenhouse Healthy Relationships Hans and Julia Rausling Food YMCA Teesdale- Stronger Together CDCF- Household Support Fund National Lottery - Know Your Community DCC - Organisational Sustainabilty DCC - Winter Lights Festsval Durham Youth Print Cyclists Club - Outdoor Activities UK Youth - The Greenhouse PCP- Happiness Hub Maddy's Mental Health Fund DCA- Social Prescribing Grant King's Coronation Fund Barbour Foundation CDCF. Welcome Support FLtnd CDCF - Poverty Hurts CDCF- Community Grant Funding 2,000 12,0001 34.910 (34,910} 10.000 (10.¢)001 10,000 110,0001 530 {5301 13,664 113,6641 11,500 111,5¢JOI 25,983 {25,983) 10,000 110,000) 7.000 6.000 17,0001 {6,¢)00) 2,500 12,500) 3,550 5,100 13,550) 13,650) 1,450 16,252 {16.252) 3,120 5,000 2,000 {3,120} 15,0001 12,CQOI 3,000 10,000 (3,0001 10,OC 5,000 231,971 5,000 27,405 86.171 {290.737} 17
Teesdale Community Resources Notes lo thg Flnanclal Statements (¢onllnu6dJ Year Ended 31 March 2024 19. Analy81s of Charftable Funds (ttylllnued) At 1 April 2022 Gains and At 31 March losses 2023 Income Expenditu NHS Connector grant Thriving Communities Teesdale Care Packages Volunteer Support fvnd {CDCF) DCC Towns and Villages Veterans Proj9¢1 BMX Improvements Duke of Edinburgh Donations - Cumbria Way National Lottery - Family UK Youth TAP - Youth Work Training Ballinger Trust- Youth Work Durham Community Action Thriving Minds TAP- Heritage Garden Fund Durham County Counul - Fun and Fo¢X Hub Bub Communty Fridge Bookfesl Know Your Communty ICDCF) Power to Change TAP Food Provision Qrganksational Sustainability ICDCFFI DCC - The Greenhouse Healthy Relationships Hans and JLblia Rausling Foc YMCA Teesdale- Stronger Together TAP - Core cost funding CDCF- Povety Hurts CDCF - Warm Space 19,868 5,404 19,868) 17,7821 2,378 2,167 12,1671 4,097 {4,0971 5.000 2,000 19,314 {5,0001 14,0001 126.3661 {2001 2,000 7,052 200 9,070 45,000 13,171 11,9511 {43,3551 (13,1711 43,702 7,119 45,347 14,000 19,0251 4,975 10.000 {5,0001 5,000 5.500 31.000 5,500 5,168 125,8321 3.348 13.3481 10,093 {10,0931 3,000 3,500 1468) {3,5001 2,532 5,372 10,000 15,3721 (10,0001 14,3651 4,365 10,000 10,000 5,324 {5,324} 4,462 (3,9321 530 13,522 27,317 10,000 1,000 254,699 113,5221 127,3171 110,0001 11,000) {266.055} 97.527 86,171 18
Teesdale Community Resources Nol•s to Ihe Flnan¢ial Statgrnents {c¢7nllnuedJ Y•ar Ended 31 March 2024 20. Analysls of Net As$fyts Betwgen Funds Unrestricted Fund5 Restricted Total Fund8 Funds 2024 Tangible fixed ass8ts Current assots Creditors less than 1 year Net atts 5,384,415 163,811 148,918} 5.499.308 5,384,415 191,216 148,9181 5,526,713 27,405 27.405 Unrestitted Funds Restricted Total Funds Funds 2023 Tangible fixed asgels Current assets Creditors less than 1 year N•t oss•ts 5,045,846 114,380 113,6631 5,146,563 5,045.846 200,551 113,663) 5,232.734 86,171 86,171 19
Teesdale Community Resources Management Infornmtion Ygar Ended 31 March 2024 The Following Pages Do Not Forni Part of tho Flnancial Statements. 20
Teesdale Community Resources Detalled Slatèment of Fln•n¢ial Activiti96 Yoar End8d 31 Mar¢h 2024 2024 2023 Inconw and endowments Donations and l•ga¢ios Genet21 donations Donations- Food provision Cumbria Way Maddy's Mental Health Fund Brib'sh Cycling Durham Youth Print Thriving Communities Hans and Julia Rausling County Durham Community Foundation YMCA Teesdale- Stronger Together Dutham Community Action Cyclists Club National Lottery Fund UK Youth Durham County CourKil pcp Power lo Change Ballinger Trust Teeséale Action Partnership King's Coronation Fund Barbour Foundation Other grants 343 11,396 230 16.252 1,339 6,000 1,409 7,478 9,070 19.314 2.378 4.462 28.872 13,522 5,500 64.410 13.664 3.120 2.500 38.302 34.550 39.734 5,IOD 45,000 44,171 18,093 10.000 10,000 41,317 5,000 2,000 3,000 243,940 263,586 Charltable activltles NLF Family project income Event income Outdoor Activrties Kit¢herVCafe Room & Facility Hire Community Transport Accommo(lation InconE from other activilies 8.812 154 17.532 21.948 80,113 3.034 12.970 4,441 149.004 3,965 1,223 19,036 17,879 62,865 4,4D2 15,203 2,945 127,518 Investmant income Bank interest receNable 1,198 390 other Income Renewable Heal Initlativg 17,437 6,407 Total income 411,579 397,901 21
Teesdale Community Resources Dolaihd Statement of Finan¢lal Activltle8 (¢ondnu¢d) Year Ended 31 March 2024 2024 2023 Expendlture Wages Employerfs NIC Pension costs Room hire and aCcoMndati0n costs Utilities Repairs & maintenance Insurance NLF Family costs Transport costs Youth work costs BMX improvement costs Legal & professional fees Food Provision Office costs Depreciation Impainnent Ouldoof Activity costs Event costs Cafe costs Other project costs Househoki Support Fund Total •xp•nditur• 156,136 6.636 2.604 8,745 90,177 27,254 17,768 21,635 5,443 18,448 1,480 2,060 11,170 8,429 1,471 126,291 4,613 2,274 11,346 69,500 20,971 7,704 24,449 5,081 16,231 27,648 1,550 11.364 7,305 3,112 3,451 13,870 6,648 16.057 18,762 17,567 10.391 17,250 24,199 8,777 457.640 398,227 Net expenditure 146,0611 13261 22