| Page | |||
|---|---|---|---|
| Trustees' annual report |
|||
| Independent examiner's report |
to the trustees | ||
| Statement offinancial activities |
|||
| Statement offinancial position |
|||
| Notes to the financial statements | |||
| The following pages do not form part of |
the financial statements | ||
| Detailed statement offinancial |
activities | ||
| Notes to the detailed statement | offinancial | activities | 17 |
| Reference and administrative | Reference and administrative | Reference and administrative | details | |||
|---|---|---|---|---|---|---|
| Registered | charity | name | Cresswell | Pele Tower CIO | ||
| Charity registration | number | 1176137 | ||||
| Principal office | 5St Bartholomews | Close | ||||
| Cresswell | ||||||
| Morpeth | ||||||
| NE61 SJX | ||||||
| The trustees | ||||||
| M KWright | (Resigned 31August 2023) | |||||
| D W Lodge | ||||||
| BMead | ||||||
| T Kirsop | ||||||
| R Haywood | ||||||
| P Hood | ||||||
| Independent | examiner | Michael W | Reed | |||
| Russell House | ||||||
| Greenwell | Road | |||||
| Alnwick | ||||||
| Northumberland | ||||||
| NE66 1HB |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 8 | 6 | F | ||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 6,400 | 172,772 | 179,172 | 86,304 | ||
| Charitable activities |
5 | 4573 | 4,573 | 7,345 | |||
| Total income | 10,973 | 172,772 | 183,745 | 93,649 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs of raising donations | and | ||||||
| legacies | 6 | (31) | (2,563) | (2,594) | (5,359) | ||
| Expenditure on charitable |
activities | 7,8 | 4,114 | 51,520 | 55,634 | 70,827 | |
| Total expenditure | (4,145) | (54,083) | (58,228) | (76,186) | |||
| Net income and net movement | in | funds | 6,828 | 118,689 | 125,517 | 17,463 | |
| Reconciliation offunds |
|||||||
| Total funds brought forward |
643 | 802,168 | 802,811 | 785,348 | |||
| Total funds carried forward | 7,471 | 920,857 | 928,328 | 802,811 |
| 2022 | ||||
|---|---|---|---|---|
| -~~aeeete v'~, ;.Tia'elble'thitI |
. aaaeII |
13 | 885,S44 ' |
.782,914 |
| -.IN~TA;='=-.'.'. :, | ||||
| ei,baak | aw'I'pt, hiind | "' 11$,822- . | "''8 | |
| :",~-,"=:-'54&i- P4 | ' '= |
| Donations and legacies |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| Donations | |||
| Donations | 6,400 | 6,400 | |
| Grants | |||
| Grants receivable | 172,772 | 172,772 | |
| 6,400 | 172,772 | 179,172 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| 6 | |||
| Donations | |||
| Donations | 568 | ||
| Grants | |||
| Grants receivable | 85,736 | 85,736 | |
| 85,736 | 86,304 |
| Charitable ac |
tivities | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2023 | Funds | 2022 | |||||
| 5 | F | |||||||
| Books | 4,573 | 4,573 | 7,082 | 7,080 | ||||
| Hire and events | 265 | 265 | ||||||
| 4,573 | 4,573 | 7,347 | 7,345 | |||||
| Costs ofraising donations | and legacies | |||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2023 | ||||||
| 5 | F | |||||||
| Costs ofraising donations | and legacies | 31 | 2,563 | 2,594 | ||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| F | 6 | 5 | ||||||
| Costs of raising donations | and legacies | 2,740 | 2,620 | 5,359 | ||||
| Expenditure | on charitable | activities | by fund | type | ||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2023 | ||||||
| 6 | ||||||||
| Activity | 2,961 | 51,520 | 54,481 | |||||
| Support costs | 1,153 | 1,153 | ||||||
| 4,114 | 51,520 | 55,634 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| 5 | F | |||||||
| Activity | 4,418 | 65,635 | 70,052 | |||||
| Support costs | 775 | 775 | ||||||
| 5,193 | 65,635 | 70,827 |
| Expenditure | on charitable a |
ctivities by activity typ |
e | ||||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Total | funds | Total fund | ||||
| directly | Support | costs | 2023 | 2022 | |||
| 6 | F | K | 6 | ||||
| Activity | 54,481 | 54,481 | 70,052 | ||||
| Governance | costs | 1,153 | 1,153 | 775 | |||
| 54,481 | 1,153 | 55,634 | 70,827 |
| 9. | Net income | Net income | ||||
|---|---|---|---|---|---|---|
| Net income is stated after | charging/(crediting): | |||||
| 2023 f |
2022 8 |
|||||
| Depreciation | oftangible fixed assets | 39,576 | 34,907 | |||
| 10. | Independent | examination | fees | |||
| 2023 | 2022 | |||||
| F | ||||||
| Fees payable to the independent | examiner for: | |||||
| Independent | examination | ofthe | financial statements | 865 | 775 |
| Duding the year 65,764 (2022:58,150 Lodge isa director at market rate. Tangible fixed assets |
)was paid to S R Solutions N |
E Ltd a company | in which D |
|---|---|---|---|
| Fixtures and | Leasehold | ||
| fittings | improvements | Total | |
| 5 | 5 | 8 | |
| Cost | |||
| At 1 September 2022 | 15,027 | 809,496 | 824,523 |
| Additions | 4,844 | 167,662 | 172,506 |
| At 31August 2023 | 19,871 | 977,158 | 997,029 |
| Depreciation | |||
| At 1 September 2022 | 3,552 | 88,057 | 91,609 |
| Charge for the year | 2,634 | 36,942 | 39,576 |
| At 31August 2023 | 6,186 | 124,999 | 131,185 |
| Carrying amount |
|||
| At 31August 2023 | 13,685 | 852,159 | 865,844 |
| At 31August 2022 | 11,475 | 721,439 | 732,914 |
| 14. | Debtors | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | 8 | |||
| Trade debtors | 46,833 | 25,000 | ||
| Other debtors | 6,363 | 77 | ||
| 53,196 | 25,077 | |||
| 15. | Creditors: amounts | falling due within one year | ||
| 2023 | 2022 | |||
| E | ||||
| Trade creditors | 50,273 | 1,475 | ||
| Accruals and deferred | income | 865 | 775 | |
| 51,138 | 2,250 |
| Analysis of | Analysis of | charitable fund | charitable fund | s | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||||
| At | |||||||||
| 1 | September | ||||||||
| 2022 | Income 6 |
ExPenditure f |
31August 2023 | ||||||
| Unrestricted | fund | -General | funds | 643 | 10,973 | (4,145) | 7,471 | ||
| At | |||||||||
| 1 | September | At | |||||||
| 2021 | Income | Expenditure | 31August 2022 | ||||||
| F | 8 | ||||||||
| Unrestricted | fund | - General | funds | 661 | 7,915 | (7,933) | 643 | ||
| Restricted | funds | ||||||||
| At | |||||||||
| 1 | September | ||||||||
| 2022 | Income | ExPenditure | 31August 2023 | ||||||
| E | E | F | |||||||
| Restricted | fund | 802,168 | 172,772 | (54,083) | 920,857 | ||||
| At | |||||||||
| 1 | September | At | |||||||
| 2021 | Income | Expenditure | 31August 2022 | ||||||
| 6 | E | F | |||||||
| Restricted | fund | 784,687 | 85,736 | (68,255) | 802,168 |
| Analysis ofnet as | sets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | ||
| F | F | 6 | ||
| Tangible fixed assets | 865,844 | 865,844 | ||
| Current assets | 8,405 | 105,217 | 113,622 | |
| Creditors less than | 1 year | (934) | (50,204) | (51,138) |
| Net assets | 7,471 | 920,857 | 928,328 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| E. | F | F | ||
| Tangible fixed assets | 732,914 | 732,914 | ||
| Current assets | 1,471 | 70,676 | 72,147 | |
| Creditors less than | 1 year | (828) | (1,422) | (2,250) |
| Net assets | 643 | 802,168 | 802,811 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 6 | ||||
| Income and endowments | ||||
| Donations and legacies |
||||
| Donations | 6,400 | 568 | ||
| Grants receivable | 172,772 | 85,736 | ||
| 179,172 | 86,304 | |||
| Charitable activities |
||||
| Books | 4,573 | 7,080 | ||
| Hire and events (2022) | 265 | |||
| 4,573 | 7,345 | |||
| Total income | 183,745 | 93,649 | ||
| Expenditure | ||||
| Costs of raising donations | and legacies | |||
| Purchases | 31 | (2,740) | ||
| Fundraising expenses |
2,563 | 2,619 | ||
| 2,594 | (5,359) | |||
| Expenditure on charitable |
activities | |||
| Rates | 69 | |||
| Volunteer cordinator |
costs | 5,741 | 5,268 | |
| Insurance | 6,869 | 4,247 | ||
| Publicity | 1,011 | 500 | ||
| Legal and professional fees | 1,153 | 20,390 | ||
| Maintenance and gardening |
646 | 3,364 | ||
| Bank charges | 171 | 174 | ||
| Depreciation | 39,576 | 34,907 | ||
| Volunteer expenses | and other sundry costs | 342 | 1,688 | |
| Administration services |
56 | 289 | ||
| 55,634 | 70,827 | |||
| Total expenditure | (58,228) | (76,186) | ||
| Net income | 125,517 | 17,463 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 6 | 8 | |||
| Costs ofraising donations | and legacies | |||
| Costs ofraising donations | and legacies | |||
| Books | 31 | 2,740 | ||
| Fundraising | exepenses | 2,563 | 2,619 | |
| 2,594 | 5,359 | |||
| Costs ofraising donations | and legacies | (2,594) | (5,359) | |
| Expenditure | on charitable | activities | ||
| Activity | ||||
| Activities undertaken directly |
||||
| Rates | 69 | |||
| Volunteer coordinator costs |
5,741 | 5,268 | ||
| Insurance | 6,869 | 4,247 | ||
| Publicity | 1,011 | 500 | ||
| Legal and professional fees |
(2022) | 19,615 | ||
| Maintenance | and gardening | 646 | 3,364 | |
| Bank charges | 171 | 174 | ||
| Depreciation | 39,576 | 34,907 | ||
| Volunteer expenses and other sundry costs |
342 | 1,688 | ||
| Administration | services | 56 | 289 | |
| 54,481 | 70,052 | |||
| Governance | costs | |||
| Governance | costs - accountancy fees | 1,153 | 775 | |
| Expenditure | on charitable | activities | 55,634 | 70,827 |