CHARrrY REGISTRATION NUMBER: 11T1064 Seahouses Hostel Unaudited Financial Statements 31 March 2024
Seahouses Hostel Financial Statements Year endod 31 March 2024 Pag• Trustees, annual report Independent examiner's report to the trustees Staternent of financial activities staternent of financial position Notes to the financial statements The followlng pages do not fomi part of the financial statements Detailed statement of financial activities 17 Notes to the detailed ststement of financial activities 19
Seahouses Hostel Trustees. Annual Report Year ended 31 March 2024 The trustees psent tP*ir report and the unaudited financial ststements of the charity for the year ended 31 March 2024. RoforCe and administrativ• details Registered chaiity namè Seahou¥es Hostel Charlty reglstratlon number 11770e4 Principal officg 157 Main Street Seahouses Northumbedand NE68 ITU The trusto•s Mrs J Turnbull Canon T Macpherson The venerab Dr C soUut Grove8 Mr A Harris Mr G Scott Independent gxamlngr Michael W Reed Russell House Greenwdl Road Alnwick Northumberland NE66 1HB Slru¢turOy govemanc8 and man•gfjment In preparing these financial $tstgm8n15, thg trustees are required to select suilable aCCnting policiès, as de5cribgd on pag8$ 7- 10, and thon apply them on a consistent basis, making judgements and estimates thal are prudent and reasonabte. The trustees must also prepare the finaneial statements on the going concern basis unless rt is not appropriate lo presume that the charity will continije in business. The trustees are responsible for keeplng proper account4ng records whieh disckjso with rea$Cable accuracy at any lime the financial position of the charity and lo enable them lo ensure that the financial stst8ments compty wrth the Charities Act 2011. The Iruslees are akn reswnsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Seahouses Hostel Trustees. Annual Report (cojthu Year ended 31 March 2024 Objectives and acllvltles pu9$8$. aims and delivering publK benefit Thè Seahou8e8 Hosts1 is a registered charty (Charity Re9iStration No. 1177C64>. Thè S8ahouses Hostsl obiectivgs and aims are: 1. To provide a positlve resldentlal envlri)nment for young people, allcp•ving them to feel valued and speual as well as lo experience the local oTea. 2. To prowde an environment for MIng and devek*pment, wth an emphasis towards chibjren and young people. 3. To involve. contribute to and have a positrve impact in the kxal communty, locally and within north Northumberland. 4. To achiwe the sort of financial and operational survNability that ensures the inclusion of disgdvantaged groups. 5. To make a ntribUtIon to thg church's mission in the NOrthaSt of England arKI beyoftd, through hospitslty and an enwronment that promotes spiritual welkbeing The Trustees consider that the zbgve obltIV8S and activitte5 are undertaken to further the Charitls purpose for the public benefrt. The Trustees confimi that they have given due regard to the Charity Commission's guidance on public benefrt. Athlevements and p8rfoTh•nea Th8 Management Committee of the S8ahousos Ho$lo1 me9t$ on a regular basis in order to monitor prcsr8ss against the Ch8rrVs objectives. Dvring the financkql period ended 31 March 2024, the Warden has eonlinued to look after the fabric of the builjing. being proactive in pdenlrfying work required to ensure that it is maintained lo the highest possible standard. Accommoda levels are nchv above pre-pand8mic levels as a resuli of a pro-acttve approach on marketing and we achieve a high level of customer retention with visitors often retuming in foIknvng years.
Seahouses Hostel Trustses. Annual Report (conunu Yoar ended 31 March 2024 Financial revlew Principal funding sources The Charty generates its inwme from ts main activty as a hostel. The Charity also continues to benefrt from grants and is grateful to have received in the perlod under review a total of £18,811. This included a grant for redecorating and replacing the flooring in the Hall. Most notably the Lord Crewe Charity provided financial support of £15,O¢XI, being a bursary onabling a lower eharging tarrff ft)r qualfying groups visf(ing from within the Newcastle and Durham Diocese's The Charty has had a much improved year post COVID pandemic with ktting income continuing to rise lo £80,057{2023 £62,C64) and g&neraled an overall surplus of £5,87512023.' deficit of £11,697) The Charity cofttlnuas to hold a désignated fund, to be used for the Seahouses Hostel Development Project. The balarsce of this fund currenuy stsnds at £120,226 and following compL91n of the initial phase rt is anticwed that a 8ubstantkql proportion of this fund will be carried fojward lo assist in subsequent work phases. Investsment and ReseThes Policy Thg Charty has no investments or significant reserves and, as such, dogs not have a formal investment policy. Where possiblo, cash balances are h8ld in interest earning deposit accounts. With respect lo reserves, the Trustees have identified the need to provide a bvel of reserves whith is sufficient lo meet day to day running costs for one year, and to provide for ongoing and contingent building repairs. The Trustees estimate that a reserve of £70.000. which represents aknost equivalent to one year's annual expenditure, is &Jequate for this purpose. Plans for future periods Visitor irtomè and number levels have now recovered to pre-pandemic levels. The immediate pr*)rty therefore is to maintain this upward trend through ntinUal improvement of the facilities afforded allied to a value for money approach. The ntInued financial support of the Loid Crewe Trust provides invaluable assistance by mearbs of a subsKled tariff. to qualifying groups The trustees, annual report vras aFproved on 23 July 2024 and sKJned on behalf of the board of trustees by.. Canon T Macpherson Trustee
Seahouses Hostel Independent ExamlMrfs Report to tha Trustses of Seahouses Hostsl Year ended 31 March 2024 I rewt to the twslees on my examination of the financial statements of se81U$ Hostel Ilhg Chariv) for the year ended 31 March 2024. Rosponsibilities and basis of r•port A8 the trustee8 of the charity you are responsible for the preparation of the financial statements in aecordanee with the requirements of the Charities Act 2011 Ilhe Act'i. I report in respect of my examination of the charity5 financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followe(l all the appIable Direclions grven by th Chanty commiss under 5eth.on 14515}Ib) of the Act. Independont gxamlnerfs stalgmgnt I have comFlèted my examinalKJn. I confim that no material matters have come to my attention in connecti¢)n wth the examinaticfi giving me cause to believe that in any maigrial re$p&t'. accounting red$ were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord with those Tecord8; OT the financial statements do not comply with the applicable requirements conceming the fon and content of accounts set out in the Charities IAccounl8 and Reports) Regulations 2008 other thon any requirement that the aeeounts gNe a 'true and fair wthich is [1 a matter consKler8d as part of an independent examinatim. I have no concerns and have come across no other matters in connection with thg examination to vthlch att8nlion Should be drawn in this report in order to enable a proper understsnding of the accounts to reached. Mithael W Ra9d lrnlepondent Examin Russell House Grgenw911 Road Alrkwick Northumbertand NE66 1HB
Seahouses Hostel Statement of Flnanclal Actlvltles Year ended 31 March 2024 2024 Restrirted fund5 Totsl fvnds Totd funds 2023 Unrestricted funds Not• Income and ondowmonts Donations. legacies and others Other Irading actniitie5 InVestmt income 15,211 80,057 4,625 99,893 3,600 18,811 80.057 4,625 103.493 8,301 62,C64 1,679 Total income 3,600 70,044 Expgndl¢ur Expenditure on raising fund$.' Costs of raising donations and legacies Expenditure on charitable aCtilieS Total gxpondlture 4.600 1,215 4,600 93,018 97,618 91,803 91.803 81.741 5.815 81,741 Net In¢omel(expendlfvrel and not movement In funds 8.090 (2.215> 5,875 111,697} Reconclllatlon of funds Total funds brought forward Tolal funds carrfod fOard 129,468 2,215 131,683 143,380 137,558 137.$58 131,683 The statement of financkgl actwihes indudes all gains and108se8 recognl8ed In the year. All incfxne and expendrture derwe from continuing actwities. Tho note• on p•g•• 7 to 15 fonn part of th•s• Ilnanclal statsm•nts.
Seahouses Hostel Statement of Financial Position 31 March 2024 2024 2023 Flxed assets Tangible fixed a$sgts 14 17.112 21,390 Current assets Debtors.. due within one ygar Cash at bank and in hand 1.400 126,217 127,617 1,400 126,731 128,131 Crfjditors: amounts falling due wmhln one year Trade ereditors Accruals and deferred income 6.481 690 17,148 690 7.171 17,838 Net current ass•ts 120.446 137,558 137,558 110,293 131,683 131,683 Total a$sets18ss currènt IlabilitiOS Net assots Funds of the charlty Restrrcted fvnds Unrestricted funds 2,215 129.468 131,683 137.558 137.558 Total charity funds 17 These financial statements were approved by the board of Injstees and aulh(Yised for issue on 23 Juty 2024, and are SIgn on bsh4f of tho board by. Canon T Macpherson Trustee Th• not•• on pag91 7t0 16 fomi pArt 0fth• flnon¢hl 8tst•rn•nt•.
Seahouses Hostel Notss to tha Financial Statements Year ended 31 March 2024 GenoTal Inforniatlon The charty is a public benefrt enth'ty and a registered ¢harty in England and Wales and is a Charitable Incorporated Organisalion. The address of the principal office is 157 Main Street S8ahouses, Northumberfand. NE68 NU. Stemont of GompllanG0 These financk81 sL8tement8 have been prepared In compltance with FRS 102, 'The Financlal Reporting Standard appltcable in th¢ UK and the Republic of Ireland,. the Statement of Reccnmended Practice applicabl8 lo charlties preparing thoir antS in OrdanCe wh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} {Chanties SORP {FRS 1021) and the Charities Act 2011. Accountlng pollcles Government grants Govemmenl grants are recognised al the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the Company will compty with the conditions attaching to thom and th8 giants will be received. Where the grant does not impose specrfied future performanc&related conditions on the rvxipienl, it is recognised in income when the grant proceeds are retyed or receivable. Where the grant dces impose specified fLrture perfomiance-relaled conditions on the recipient, it is rwnised In incomg onty when the perfomiance-relatgd ¢onditions have been met. Where grants received are prior to satisfying the revenue recognition criteria. they are rec¢8nised as a liability. Basls of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financkql assets and Irabilities and investment properties Measur at fair value through income or expenditure. The financial statements ore prepared in sterling, whith is the fvnctiond currency of the entity. Penslon contrllwtklns Contributions lo defined contribution plans are recognised as an &xpense in the pericd in which the related seNice is provided. Prepaid contributions are recognised as an asset lo the extent that the prepanI will lead to a reduction In future payments or a cash refund. Golng GonGom Trre a no matenal un¢inties about the ¢hariVs ability to continue. Disclosure exemption$ No cash flow statement has been presented for the ccffipany.
Seahouses Hostel Notes to the Flnanclal Statements (¢on&nu8dJ Year ended 31 March 2024 Accounting policios (¢ondnu¢dJ Judgements and key 8ourc•8 of estlmatlon uncertalnty The preparatn of the financ1 statements requires management to make judgements. ests'mates and assumptions that affect the amounts reported. Thesè estimates and judgements are contin¥Jdly revitr•ved and are based on experignce and other f?r$. inGluding expedations of future event5 that are believed lo be reasonable under the ¢ircum$lanc8s. Fund accountlng Unre8tricted funds are avoilab for use at the disGrelw)n of the Irustees to further any of the charity8 purposes. Designated funds are unrestrlcted funds eamarked by the trustees for particular future project or canmitmenl. Restricted funds ar& subjected lo restrictions on their expenditure dectared by the donor or through the temis of an appeal. and fall into one of tsvo SU188$es.. reslitted income funds or enth)wment funds. Incoming vesoure•s All incoming resources arg included in the statement of financial acbvrtigs when entitthent has pa$$ed to the charity,. it is probat4e that the economic benefrts associated with Ihe transaction vill flow to the charty and the amount can be reliably measured. The follcwing specific policies are applièd lo paCular categorie5 of income.. income fIn donations or grants is recognised when there is evidence of entitlement to the grfL recept is probable and its amount can be measured relkgbly. legw incc*ne is recognised when receipt 18 probable and entltlement is established. inwme from donated goods is measured * the fair value of the goods unlgss this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the ests'maled resale value. Donated facilities and serve$ are recognised in the accounts when received rf the value ean be reliably measured. No amounts are included for the ntribUtn of general volunteers. income from contracts forthe supply of serwces is recognlsed with the delNery of the contract& semce. This is eLassthed as unrestricted funds unless there 15 a conlrxtual requifgment for it to be spent on a partieular purposa and rglumgd rf unspent, in which cas& rt may be ragardgd a$ reStrted.
Seahouses Hostel Notes to the Flnanclal Statements (cortlnu• Year endad 31 March 2024 Accounting policies (CltIn•I Resources exponded Expenditure is recognised on an accruals basls as a Ilabllty 18 Incurred. ExperTrditure includes any VAT which cannot be fulty r&overed, and is classified Und hgadings of the slal8ment of financial activits"e$ to which il relates.. exponditure on raising funds includes the costs of all fundrai8lng activths, events, non- charitable trading activities. and tha of donal&J goods. expenditure on charrtable actNitie5 in¢lud8s all costs incurred by a charty in undertaking octMti8s that fvrther ts charitsb aims for the benefft of rts beneficiaries. including Ihoso 8UPPOrt costs and costs relating to the govemance of the charty apportiorbed to charitable activitie8. other expenditure includes all expenditure that is neither reLqted to raising fund$ for the charity nor part of tts expenditure on charitable actwities. AJI costs are allocatfrJ to expenditure categories rdecling the use of the resource. Direct costs attributable lo a single actNty are allocated directly lo that 8CtNty. Shared cost$ are apportioned betrn the aclNities they contribule to on a reasonable, juslrfiable and consistent basis. Tangible 0$sots Tangible assets are initially recorded at cost, and subsequently stated al cost less any accumulated depreci*ion and impairmenl loss. Any langible assets carried al revalu1 amounts are recorded * the fair value at the dale of revaluation less any subsequent ¥cumulaled depreCIat?n and subsequent accumulated impaimient bsses. An increase in the carrying amount of asset as a result of a revaluation, is r8co9nised in other ognised gains and losses. unless it reverses a chargg for impaimient that has previousty been recognised as expendrture wrthin the $tatemgnt of firkincial actNilies. A decrease in the ¢arrwng amount of an asset as a resutt of revaluation, is recognised in other rogniSed gains and losses, except to which it offsets any premous revaluation gain. in which case the loss is shovm within other recognlsed galns and k)sses on the slalemgnt of financk4 activitigs. Depreclatk)n Depreciation is calcul3tsd so as to write ¢)ff the cost or valuation of an asset, less its resbjual valug, over the useful economK lrfe of that asset as follJw8'. Fixtures and ffttings Equipment 20% reducing balance 20% reducing baLqnce Impalrment of flxed assets A rev for indicators of impaimienl is carried out at each reporting date, wrth the woverable amount being estimated where Such indicators exist. Where tho carrying value exceeds the fecoverable amount, the asset is impaired accordingty. Prior impaim)enls are also reviewed for possible reversal at exh reporting date.
Seahouses Hostel Notss to the Financial Ststements (oonWnu• Year ended 31 March 2024 Accountlng polkl•s (cortlnuo Impalrmgnt of fixed assets For the purposes of impaimient 18Sting, when it 1$ not possible to gslim the recoverable amount of an indiwdual asset, an estimate 1$ made of the recoverabl8 amount of the Ca5generatIng unrt lo which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash infiows that larg independent of the cash infltr•WJ from other assets ¢X groups assets. For impaimient testing of gocthill, the goodwill acquired in a business combination is. from the aequisilion date. allocated lo each of the cash-generating units that are expected to berTrefrt from th8 symergies of the combinatKJn, irrespective of whether other assets or li8t4lities of the charty are assigned to those unts. Finan¢i•l inslruments A financpl assgt or a financk?I abilty is recognised onty when the charty bgcomes a party to the contrxtual provi8ions of the instrument. Basic financial instruments aro initrally rewnised at the amount rewvablg or payablg ilUding any related transaction costs. Current assets and ¢urr¢nt liabilities aro subs¢quÈntty measured at the cash or ¢)ther consOratIOn gXP8Cted to b9 paid or received and not discounted. Debt instruments are subsequenlty measured at amortlsed cost Where investments in shares are PLIlY traded cy their fair value can othepwise be measured reliably. the inv8Stment is subsequenuy m8asured al faif value with changes in fair value recc4Jnised in income and expenditure. All other such investments are subsequently measured al cost less impaimenL other financial instruments, including derivatives. are initialty recoanised al fair value, unEess payTnenl for an asset is deferred bayond normal business terms or financed at a ral& of inter8St that is nol a market rate, in which casg the asset is measured at the pr95ent value of the future pentS digeounled at a market ratg of interest for a similar debt inslrumont. Other financial instruments are subsequenlty measured al fair value, with any changes reccgnised in the sLemenl of financial actimliès. with the exception of hedging instNments in a designated hedging relalh?nship. Financial assets that are measured at cost or amortised cost are re¥ved fc cJ'ective evKJence of impaimienl al the end of each reporting date. If thgrg is objectbve ewdenc¢ of impairment. an impairnienl loss is recognised under the approprkgt& heading in the statement of financkql actwits&s in which the initial gain was recognised. For all equty Instruments regardless of signfficance, and other fi'ncial assets that are indlvklually significant, these are assessed individualty for impaimient. other financial assets are erther asses59J individualty or grouped on the basis of simi18r credit risk char8CtersstKs. Any reversals of Impa[mnI are recognlsed ImmeAlately, to the extent that the reversal does not 10
resutt in a carrying amount of the financial asset that exceeds wh* the carrying amwnt would have bggn had the impairment not previously been recognised. 10
Seahouses Hostel Notss to the Flnanclal Statements (conknuffdj Year ended 31 March 2024 Donations, legacles and others Unrestricted Funds Rgslrictgd Total Funds Funds 2024 Donatlons Donations 211 211 Grants NOrthumberld County Council Communty Foundation Lord Crewe's Charty COOP Local Causes Rothley Trust TST Knott 500 2,000 500 2.000 15,000 15,C¥)O 1,100 1.1C¥J 15,211 3.600 18.811 Unreslrict Fund8 Reslrlcted Total Funds Funds 2023 Donatk)ns Donations 255 255 Grants NorthLEmberlond County Council Communty Foundation Lord Crewe'8 Charity COOP Local Causes Rothley Trust TST Knott 3,000 3.(XlO 1.846 1,200 4.200 1,200 6,301 2,101 0th6r tradlng actlvltle& Unrestred T¢thl Funds UnreslriGted Total Funds FuThJs 2024 Funds 2023 LettiThJ and Licensing 80,057 80,057 62,064 62,C64 Investmen¢ Incomg Unrestrtied T¢Xal Funds Unrestfft9d Total Funds Funds 2024 Funds 2023 Bank interest recervab 4,625 4,625 1,679 1,679 11
Seahouses Hostel Notes to the Financial Statements (cgnllftyw Year ended 31 March 2024 Costs of ralslng donatlons and kgaci•s Restricted Tolal Funds Fund$ 2024 Restricted Total Funds Funds 2023 Costs of raising donaticS and legacies - Grants reGeiv?ble 4,600 4,600 Charltable actfvllles Unrestrted Funds Restricted Total Fund6 Funds 2024 charitab activtties Support costs 90,389 1,414 91,803 1,215 91.604 1,414 1.215 93.018 UnreStrted Funds Restricted Total Funds Fund$ 2023 Charitable activities Support wsts 76,262 1,279 4,200 80.462 1.279 77,541 4,200 81.741 9. Expondiiure on charltable a¢tlvltles by actlvlty typ• Activities uThJertaken irectly Support costs Totsl funds 2024 Total fund 2023 Charitable activities Governance costs 91,604 91,604 1.414 93.018 80,462 1,279 81,741 1,414 1,414 91,604 10. Net Incomd{expendlture) Net incom&llexponditure} is stated after charg1(Cred1ng). 2024 2023 Depre¢tIOn of tsngiblg fixed osset8 4.278 11. Independent examination fo0s 2024 2023 Fees payable to the independent examiner for.. Independent examlnation of the financial statements 780 12
Seahouses Hostel Notss to the Flnanclal Ststements (conllftuoo) Year ended 31 March 2024 11 Siaff costs Tr total staff costs and employee benefrts for the reporting perK>J are analysed as follows.. 2024 2023 Wages and salaries 22,297 19,569 The average head count of empl¢)yees during the year was 312023.. 3). No employeo received employee beneffts ot more than £60,¢X)O during the year {2023: Nil). 13. Tnte0 remuneratlon and expenses No r&muneralion or other benefits from emkloyTnenl wth the charty or a rdated entity were received by the Injstees. 1& Tanglblè fixod aysets Fixtures and rIngS Equipment Total Cost At 1 April 2023 and 31 March 2024 Depreclatlon At 1 April 2023 Charge for the year At 31 March 2024 63,151 69.135 5.286 140 42.459 4.138 47.745 4.278 S2,023 5,426 46,597 Carrylng amount At 31 March 2024 558 16,554 20.692 17,112 21.390 At 31 March 2023 15. Dobto Debtors falling due within one year are as follows.. 2024 2023 PrepayTngnts and accrugd inc¢Jng 1,4 1,400 16. Oth•r crodltor4 Includlng laxallon and $o¢lal socurfty falllng due within one yèar 2024 2023 £0 13
Seahouses Hostel Notss to th8 Flnanclal Statements (ctsnrtintsed) Year ended 31 March 2024 17. Anatysls of charltabh funds Unre8trfcted funds At 1 Aprll 2023 At Income Expenditure 31 M¥rrh 2024 General funds DesKJnaled Fund 9,242 120,226 129,468 99.893 191,8031 17,332 120,226 137,558 99.893 (91,8031 Al 1 April 2022 At Incne ExperKlilurg 31 March 2023 General funds DesvJnaled Fund 20,939 120.226 65,844 177.5411 9.242 120,226 129,468 141.165 65.844 177.5411 Restrlcted funds At 1 April 2023 At Income Expenditure 31 Mweh 2024 Communty Foundation TST Knott 2.215 3,600 15,815) 2,215 3,600 15.815) At 1 April 2022 At Income ExpenditLire 31 M&rth 2023 Community FoUndat)n TST Knott 2,215 3,000 1,200 4,200 13,000} 11,200) 14,200) 2.215 2,215 2,215 14
Seahouses Hostel Notes to the Flnanclal Statements (conthiu8dJ Year ended 31 March 2024 1& Analysis of as$•ts betwoon fundb unreStrted Funds Restricted Total Funds Funds 2024 Tangle fixed assets Current assets 17,112 120,446 137,558 17.112 120,446 137,558 Net assets unrestrted Funds Reslrict8d Total Funds Funds 2023 Tangibte fixed assets Current assets 21,390 108,078 21,390 110,293 2,215 Net assets 129,468 2,215 131,683 19. Lease ¢ommltsnents As part of the on*oing th to redevelop the premL8e$. a new Fease has been negotlated effect from 1 April 2018. 20. Related partle• There were no direct transactions wth any related party during th& year {2023'. fy¥11. 15
Seahouses Hostel Manag6ment Inforn)ation Year ended 31 March 2024 The following pagas do not form part of the flnanclal statements. 16
Seahouses Hostel Detalled Stat•m•nt of Financlal Activities Year 8nded 31 March 2024 2024 2023 Income and endowments Donatlons.10gacle8 and othern Donation$ Northumberland County Council Communfy Foundation Lord Crewe's Charity COOP Local Cau8e8 Rothley Trust TST Knott 211 500 2.000 15,000 255 1.100 1.2C 6,301 18.811 Other tradlng actlvltles Lettin9 and Lwising 80.057 62.C64 Invgstment Income Bank irrterest receivable 4.625 1.679 Total Income 103.493 70,044 Expendlturg Costs of ralslng donatlons •nd1ogacles Repairs and maintenance 4,600 Expondttura on charitabl8 actlvltles Wages and salaries Rent Rates and water Light and heal Repairs and maintenance Insurance Other establishment Motor vehicle expgnses Other motorltravel costs Legal and professional fees TeFephon8 Other office costs Depreciation Bookkeeping an Rep)rting Heaf(h and Safety Renewals and Renovations 22,297 6,000 1.353 6,461 13,109 4.265 1.361 217 1,636 912 1,620 4,629 4,278 1,176 19.569 6.000 1,312 6,801 12,251 3,961 1,110 2.042 1,670 780 1,671 5,220 5.348 1.177 53 12,776 81,741 23,610 93,018 T¢)tal 8xp8nqliture 97.618 81,741 17
Seahouses Hostel Detalled Statement of Flnanclal Actlvlties (¢Mliftu¢dJ Year ended 31 March 2024 2024 2023 Nol in¢om•ll•xpenditurn) 5,875 {11,697) 18
Seahouses Hostel Notss to thè Detsilad Ststement of Flnanclal Actlvltles Year ended 31 March 2024 2024 2023 Costs of ralslng donions and legacies Costs of ralslng donatlons and legacle8- Grants recolvabla Grant8 receivable - repairs & maintenance 4,800 Costs of ralslng donatlons and legacles 4.600 Expendlture on ¢harilable •cllvltl Charltable actfvltles Activlties undertaken dlrectly Warden's Employment Costs Rent Rate$ and Water He Light and Power Building Maintenance IrUrance5 Garden Hall Expenses and R8sourc8s Postage, Phone, Stationery and Advertising Sundries and Adminislartion House Keeping and Cleaning Costs DepreciatK)n Bookkeeping and Reportng Health and Safety Renffival$ and Renov*ion$ 22,297 19,569 6.000 1.312 6,801 12,251 3,961 1,110 2.042 1,670 1.172 5.220 5.348 1.177 53 12.776 80,462 1,353 6,461 13,109 4,265 1,361 217 1,636 1,118 4.629 4.278 1,176 23,610 91,604 Governance Costs Govemance costs- accountancy fees Governance wsts- honorarium 912 502 780 1.414 1,279 Expendlture on charftable actfvftles 93.018 81,741 19