2022-06-30-accounts - Common Room Of The Great North Limited

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				Note	Unrestricted	Restricted	Total	Total
					Funds	Funds	2022	2021
					E	E	E	E
Income
Income from Grants, Donations			&	3	196,124	648,664	844,788	2,543,569
Legacies
Income from Charitable	Activities			4	146,991		146,991	17,006
Trading Income					167,450		167,450
Other Income								5,173
Total Income					510,565	648,664	1,159,229	2,565,748
Expenditure
Cost of Raising Funds				7	167,795		167,795
Expenditure on Charitable		Activities		8	291,662	623,723	915,385	3,874,326
Total Expenditure					459,457	623,723	1,083,180	3,874,326
Net Income/(Expenditure)					51,108	24,941	76,049	(1,308,578)
Transfer between fund					35,219	(35,219)
Net Movement					86,327	(10,278)	76,049	(1,308,578)
Balance brought forward					(301,237)	10,278	(290,959)	1,017,619
Balance carried forward				18	(214,910)		(214,910)	(290,959)

OR THE YEAR ENDED	3	0Jun	e 20	21
				Note	Unrestricted	Restricted	Total
					Funds	Funds	2021
					E	E	E
Income
Income from Grants, Donations			&	3	4	2,543,565	2,543,569
Legacies
Income from Charitable	Activities			4	16,493	513	17,006
Other Income					5,173		5,173
Total Income					21,670	2,544,078	2,565,748
Expenditure
Cost of Raising Funds
Expenditure on Charitable		Activities		8	351,403	3,522,923	3,874,326
Total Expenditure					351,403	3,522,923	3,874,326
Net Income!(Expenditure)					(329,733)	(978,845)	(1,308,578)
Transfer between funds					(989,123)	989,123
Net Movement					(1,318,856)	10,278	(1,308,578)
Balance brought forward					1,017,619		1,017,619
Balance carried forward				18	(301,237)	10,278	(290,959)

(A Company Lim BALANCE SHEET ASAT30June 2022	ited	by Guarantee)
				2022	2021
			Notes	E	E
Fixed Assets
Tangible Fixed Assets			12	2,236,251	2,204,545
Investments			13	1	1
				2,236,252	2,204,546
Current Assets
Stock			14	3,519
Debtors			15	178,095	215,326
Cash At Bank & In Hand				60,952	131,201
				242,566	346,527
Creditors —Amounts	Falling Due Within 1 Year		16	(496,848)	(525,188)
Net Current (Liabilities)/Assets				(254,282)	(178,661)
Total Assets Less Current		Liabilities		1,981,970	2,025,885
Creditors —Amounts	Falling Due After & 1 Year		17	(2,196,880)	(2,316,844)
Total Net (Liabgilfes)/Assets			18	214910	290959
Represented by:
Unrestricted Reserves			19	(214,910)	(301,237)
Restricted Reserves			19		10,278
				214910	290959

					2022	2021
Cash flows from operating	activities			Note
Net cash income/(expenditure)					76,049	(1,308,578)
Adjustments to cash flows	from non-cash		items
Depreciation					74,330	51,139
Impairment						2,905,515
Disposal offixed assets					3,150
Gifts in kind
					153,529	1,648,079
Working capital adjustments
(Increase)/ Decrease in Stack				14	(3,519)
Decrease/(Increase) in debtors				15	37,238	552,189
Decrease/(Increase) in creditors				16	(142,400)	(369,608)
Net cash flaws from operating		activities			44,848	1,830,660
Cash flows from investing	activities
Purchase oftangible fixed assets				12	109187	3027675
Net cash flows from investing		activities			(109,187)	(3,027,675)
Cash flows from financing	activities
New loans					79,000	818,644
Interest charged and repayments made on loans and
borrowings					(84,910)	157,442
Net (decrease)/increase in cash and cash equivalents					(70,249)	(220,932)
Cash and cash equivalents at		1 July 2021			131,201	352.133
Cash and cash equivalents at		30 June 2022			60,952	131,201

					Unrestricted	Restricted	2022	2021
					Funds	Funds
					6	6
Grant Income
Foyle Foundation								50,000
Garfield Weston Foundation								75,000
NCIF via Community		Foundation				27,500	27,500	12,500
National Lottery Heritage			Fund—
Emergency Fund								170,500
National Lottery Heritage			Fund —Delivery			361,203	361,203	2,178,914
Banks Community	Fund via County			Durham
Community Foundation						22,000	22,000
Platien Family Fund		via Community		Foundafion		5,000	5,000
Recce Foundation						200,000	200,000
Kirby Laing Foundation						10,000	10,000
SirJames Knott Trust					100,000		100,000
Newcastle NE1 Limited						2,500	2,500
Newcastle City Council						461	461
Royal Commission		for the	Exhibition	1851				20,000
Wolfson Foundation								35000
					100,000	628,664	728,664	2,541,914
Donations
The Minerals Engineering			Society					1,500
Norlhem Business		Forum						473
Engineering Uk					1,040		1,040
Stadler Rail Service		UK Ltd			3,120		3,120
NA College						20,000	20,000
Brims Construction					1,040		1,040
NE LEP					1,040		1,040
Turner &Townsend					1,000		1,000
Nexus					1,000		1,000
A Pender					2,090		2,090
Tynexe					4,500		4,500
M &A Hoyle					60,000		60,000
NEIMME					4,375		4,375
General donations					1,396		1,396	4
GIR Aid					15523		15523	322
					96,124	20,000	116,124	1,655
					196,124	648,664	844,788	2,543,569

		Unrestricted	Restricted	2022	2021
		Funds	Funds
		6	6	6	6
Income from Charitable	Activities
Book Sales		2,454		2,454	1,832
Other Earned Income		13,792		13,792	15,174
Room Rental		43,125		43,125
Events Income		87,620		87,620
		146,991		146,991	17,006

		Unrestricted	Restricted	2021
		Funds	Funds
		6	6
Other	Income Government
Grant	- CJRS			5,173
				5,173

			Unrestricted	Restricted	2022
			Funds	Funds
			6	6	6
Other	Income	—trading	167451		167451
			167,451		167,451

FO	R THE YEAR EfVDED 30J	un	e	2022
7.	Fundraising Costs
					Unrestricted	Restricted	2022	2021
					Fundsf	Funds 6	6	6
	Cost ofSales				66,274		66,274
	Salaries				101,521		101,521
					167,795		167,795
	Expenditure on Charitable			Activities
					Unrestricted	Restricted	2022	2021
					Funds 6	Fundsr
	Direct Costs —Charitable			Activities
	Grants Repaid					3,891	3,891
	Activity Plan Costs					103,835	103,835	65,511
	Professional Fees —Re-development					54,304	54,304	141,226
	Marketing & Communications				1,178	21,768	22,946	80,782
	Salaries 8 On Cosls				76,910	290,568	367,478	257,312
	Evaluation							9,776
	Equipment					14,242	14,242	3,175
	Cost ofSales for Events				20,148		20,148
	Support Costs
	Bank Charges				6	285	291	1,070
	Depreciation				74,330		74,330	51,139
	Disposal ofFixed Asset				3,150		3,150
	Legal 8 Professional				781	8,819	9,600	26,365
	Impairment (consefvation		deficit)					2,905,515
	Removal &Storage Fees					317	317	15,798
	Rent, Rates &Water					6.606	6,606	4,592
	Heat &Light					25,544	25,544	30,666
	Insurance					28,577	28,577	32,219
	Loan Interest and Charges				109,116		109,116	157,442
	ICT Support, Software	&Maintenance			3,839	17,589	21,428	8,837
	Other Overheads				998	22,369	23,367	60,346
	Recruitment				522	1,615	2,137	3,611
	Repairs & Maintenance					9,883	9,883	8,417
	Staff & Volunteer costs				684	4.251	4,935	5,097
	Governance Costs
	Audit Fees					7,980	7,980	4,750
	Pension 8 Payroll Fees					1 280	1 280	680
					291,662	623,723	915,385	3,874,326

Net Incom	e/(Expenditur	e)
				2022	2021
				E	E
Net income/(expenditure)		is stated after charging/(crediting):
Auditor's Remuneration				7,980	4,750
Other fees	paid to auditor			719	2,750
Depreciation	ofowned	Tangible	Fixed Assets	74,330	51,139
Impairment	of owned Tangible		Fixed Assets		2,905,515

Tangible	Fixed Assets
		Freehold	Office +	Total
		Land &	ICT	Fixed
		Buildingsf	Equipt F	Assetsf
Cost
At 1 July 2021		6,145,412	193,023	6,338,435
Additions			109,187	109,187
Disposals			(11,982)	(11,982)
At 30June	2022	6,145,412	290,228	6,435,640
Accumulated Depreciation
At 1 July 2021		4,045,412	88,478	4,133,890
Charge for	year		74,330	74,330
Impairment	in year		(8,831)	(8,831)
At 30June	2022	4,045,412	153,977	4,199,389
Net Book	Value
At 30June	2022	2,100,000	136,251	2,236,251
At 30June	2021	2,100,000	104,545	2,204,545

							2022f	2021f
Inveslment	in	trading	subsidiary	—Common	Room	Trading	1	1

					2022f	2021f
Stock	held	at	30	June	3519
					3,519

HE YEAR EIVDED Debtors	30	J	une	2022
							2022	2021
							6	6
Trade Debtors							56,290	8,296
Grant Debtors								6,375
VAT Recoverable								14,461
Prepayments							29,945	21,510
Accrued Income							91860	164684
							178,095	215,326
Creditors —Amounts			Falling Due Within			1 Year
							2022	2021
							6	6
VAT, Other Taxes	8 Social			Security Costs			12,788	5,652
Trade Creditors							55,562	115,687
Other Creditors —Credit			Card				800
Sundry Creditors							346
Accruals and Deferred		Income					116,584	207,886
Other Creditors —NEIMME							6	6
Other Creditors —CRGN donation					to NEIMME		25,000
Other Creditors —Unpaid Share Capital							1	1
Other Creditors —Pension				Contributions			2,681	1,929
Loan —Newcastle	City		Council					9,027
Loan —North East	LEP						85,842	120,000
OverdraR loan —North		East LEP					197,238	65,000
Loans —Founders'	Fund
							496,848	525,188

Creditors —Amounts Falling Due After & 1Year
	2022	2021
	6
Loan —Newcastle City Council	721,874	698,945
Loan —North East LEP	1,450,006	1,460,023
Overdraft Loan —Norlh East LEP		107,876
Donation —CRGN to NEIMME payable 2022/2023	25000	50000
	2,196,880	2,316,844
Newcastle City Council Loan
Interest rate: 7.4%
Repayment date: June 2044

Analysis of	Net Ass	ets betwee	n Funds
				Unrestricted	Restricted	Total
				Funds	Funds	2022
					f	6
Fixed Assets	8 Investments			2,236,252		2,236,252
Net Current	Assets/(liabilities)			(254,282)		(254,282)
Creditors —Amounts		Due After	1 Year	2 196880		2 196880
				(214,910)		(214,910)
				Unrestricted	Restricted	Total
				Funds	Funds	2021
				6		6
Fixed Assets	8 Investments			2,204,546		2,204,546
Net Current	Assets/(liabilities)			(188,939)	10,278	(178,661)
Creditors —Amounts		Due After	1 Year	(2,316,844)		(2,316,844)
				(301,237)	10,278	(290,959)

19.Analysis ofCharitable	19.Analysis ofCharitable	19.Analysis ofCharitable
			Fund at	Incoming	Transfers	Resources	Fund at
			01Jul-21	Resources		Expended	3CJun-
				in Year		in Year
Unrestricted Funds
Charity GeneralFund			(301,237)	510,565	35,219	(459,457)	(214,910)
Total Unrestricted	Funds		(301,237)	510,565	35,219	(459,457)	(214,910)
Restricted Funds
National Lotlery Heritage		Fund
-Delivery				361,203	(41,537)	(319,666)
-Emergency Fund			10,278		6,318	(16,596)
Matched Funding				287,461		(287,461)
Total Restricted Funds			10,278	648,664	(35,219)	(623,723)
Total Funds			(290,959)	1,159,ZS		(1,083,180)	(214,910)

MME under the terms ofthe tr ysis of Net Debt	ansfer agreement	.
	At 1 July	Cashflow	New	At 30June
	20216	6	Advances	20226
Cash at bank	131,201	(70,249)	6	60,952
Amount due( 1 year
a. Mortgage b. NE LEP Loan	(9,027) (120,000)	9,027 34,158		(85,842)
c. NE LEP Short Term d. N IEMM E Amounts due )	(65,000)	(53,238) (25,000)	(79,000)	(197,238) (25,000)
1 year e. Mortgage f. NE LEP loan g. NE LEP Short Term h. NEIMME	(698,945) (1,460,023) (107,876) (50,000)	(22,929) 10,017 107,876 25,000		(721,874) (1,450,006) (25,000)
	(2,379,670)	14,662	(79,000)	(2,444,008)