2023-03-31-accounts - Seahouses Hostel

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			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			17
Notes to the detailed statement	offinancial	activities	19

31 Iwarch 2023
			2023	2022
Fixed assets
Tangible fixed assets		14	21,390	26,738
Current assets
Debtors; due within one year Cash st bank snd in hand			1,400 126,731	1,438 121,594
			128,131	123,032
Creditors: amounts Trade creditors	falling dus within one year		1?,148	5,700
Accruals and deferred	income		690	690
			17,838	6,390
Net current assets			110,293	116,642
Total assets less current liabilities			131,683	143,380
Net assets			131,683	143,380
Funds ofthe charfty Restricted ftmds			2,215	2,215
Unrestricted funds			129,468	141,165
Total charity' funds			131,683	143,380

Yea	r ended 31 March 20	r ended 31 March 20	r ended 31 March 20	r ended 31 March 20	23
7.	Other income
							Unrestricted	Total	Funds	Unrestricted	Total Funds
							Funds		2023	Funds	2022
							E		E	F	E
	Refund of legal fees paid									1,245	1,245
8.	Charitable		activities
								Unrestricted		Restricted	Total Funds
									Funds	Funds	2023
									E	E
	Charitable	activities							76,262	4,200	80,462
	Support costs								1,279		1,279
									77,541	4,200	81,741
								Unrestricted		Restricted	Total Funds
									Funds	Funds	2022
									E	E
	Charitable	activities							51,683		51,683
	Support costs								1,161		1,161
									52,844		52,844
9.	Expenditure			on charitable activities by activity type
							Activities
							undertaken			Total funds	Total fund
							directly Support		costs	2023	2022
									E	E	E
	Charitable	activities					80,462			80,462	51,683
	Governance		costs						1,279	1,279	1,161
							80,462		1,279	81,741	52,844
10.	Net (expenditure)/income
	Net (expenditure)/income				is stated after		charging/(crediting):
										2023	2022
										E	E
	Depreciation		oftangible fixed assets							5,348	6,685
11.	Independent			examination	fees
										2023	2022
										E	E
	Fees payable			to the independent		examiner for:
	Independent		examination		ofthe	financial	statements			780	690

Staff costs
The total staff costs and employee	benefits for the reporting	period are analysed as	follows:
		2023	2022
		K	E
Wages and salaries		19,569	18,249
Social security costs			664
		19,569	18,913

14.	Tangible fixed a	ssets
				Fixtures	and
				fittings		Equipment	Total
				F
	Cost
	At 1 April 2022 and 31 INarch 2023			5,984		63,151	69,135
	Depreciation
	At 1 April 2022			5,112		37,285	42,397
	Charge for the year				174	5,174	5,348
	At 31 March 2023			5,286		42,459	47,745
	Carrying amount
	At 31 March 2023				698	20,692	21,390
	At 31 March 2022				872	25,866	26,738
15.	Debtors
	Debtors falling due within		one year are as follows:
						2023	2022
							E
	Prepayments and	accrued	income			1,400	1,400
	Other debtors						38
						1,400	1,438
18.	Other creditors	including	taxation and social security falling
	due within one year
						2023	2022
						80	E0

Analysis of net assets between fund	s
	Unrestricted	Restricted	Total Funds
	Funds 6	Funds f	2023
Tangible fixed assets	21,390		21,390
Current assets	108,078	2,215	110,293
Net assets	129,468	2,215	131,683
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
Tangible fixed assets	26,738		26,738
Current assets	114,429	2,213	116,642
Net assets	141,167	2,213	143,380

	2023	2022
Income and endowments
Donations, legacies and others
Donations	255
Northumberland County Council		10,667
Community Foundation	3,000
Lord Crews's Charity		10,000
COOP Local Causes	1,846
Job Retention Scheme		441
TSTKnott	1,200
	6,301	21,108
Other trading activities
Letting and Licensing	62,064	41,257
Investment income
Bank interest receivable	1,679	40
Other income
Refund of legal fees paid		1,245
Total income	70,044	63,650

Notes to the Detailed Year ended 31 March	Statement ofFinancial Ac 2023	tivities
		2023	2022
		E	E
Expenditure on charitable	activities
Charitable activities
Activities undertaken diractfy
Warden's Employment Costs		19,569	18,249
Covid 19refunds			664
Rent		6,000	4,500
Rates and Water		1,312	449
Heat Light and Power		6,801	2,759
Building Maintenance		12,251	3,735
Insurances		3,961	3,915
Garden		1,110	1,160
Hall Expenses and Resources		2,042	259
Postage, Phone, Stationery	and Advertising	1,670	1,341
Sundries and Administartion		1,172	448
House Keeping and Cleaning Costs		5,220	3,359
Depreciation		5,348	6,685
Bookkeeping and Reporting		1,177	1,090
Health and Safety		53	536
Renewals and Renovations		12,776	2,534
		80,462	51,683
Governance costs
Governance costs - accountancy fees		780	660
Governance costs - honorarium		499	501
		1,279	1,161
Expenditure on charitable	activities	81,741	52,844