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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|
##
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##
||||||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|2022|2021|
|---|---|---|---|---|---|
|||Funds|Funds|||
|||6|6|||
|Other|Income Government|||||
|Grant|- CJRS||||5,173|
||||||5,173|
||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|
||||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|
##
##
|12.|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|Funds||||||
|---|---|---|---|---|---|---|---|---|
|||||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)|