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 p￿sent tP*ir report and the unaudited financial ststements of the charity for the year ended
31 March 2024.
Rofor￿Ce 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 soU￿ut 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 $tstgm8n15, thg trustees are required to select suilable aCC￿nting policiès, as
de5cribgd on pag8$ 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$C￿able
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
pu￿9$8$. 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 NOrth￿aSt of England arKI beyoftd, through
hospitslty and an enwronment that promotes spiritual welkbeing
The Trustees consider that the zbgve obl￿tIV8S 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 foIknv￿ng 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 compL91￿n 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 se81￿U$￿ Hostel Ilhg Chariv)
for the year ended 31 March 2024.
Rosponsibilities and basis of r•port
A8 the trustee8 of the charity you are responsible for the preparation of the financial statements in
aecordanee with the requirements of the Charities Act 2011 Ilhe Act'i.
I report in respect of my examination of the charity5 financial statements carried out under section 145 of
the 2011 Act and in carrying out my examination I have followe(l all the appI￿able Direclions grven by th
Chanty commiss￿ under 5eth.on 14515}Ib) of the Act.
Independont gxamlnerfs stalgmgnt
I have comFlèted my examinalKJn. I confim that no material matters have come to my attention in
connecti¢)n wth the examinaticfi giving me cause to believe that in any maigrial re$p&t'.
accounting re￿d$ 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
InVestm￿t 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 aCti￿lieS
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 fO￿ard
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.
St*emont 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
Recc*nmended Practice applicabl8 lo charlties preparing thoir a￿￿ntS in ￿OrdanCe w￿h 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 ret￿yed 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
prepa￿￿nI will lead to a reduction In future payments or a cash refund.
Golng GonGom
Tr*re 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 preparat￿n of the financ￿1 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 SU￿188$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 pa￿Cular categorie5 of income..
income fI￿n 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 serv￿e$ are recognised in the accounts when
received rf the value ean be reliably measured. No amounts are included for the ￿ntribUt￿n 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$
reStr￿ted.

Seahouses Hostel
Notes to the Flnanclal Statements (cortlnu•
Year endad 31 March 2024
Accounting policies (Cl￿tIn￿•￿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
betr￿n 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 revalu￿1 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 r￿ogniSed 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 Ca5￿generatIng 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 i￿lUding any
related transaction costs.
Current assets and ¢urr¢nt liabilities aro subs¢quÈntty measured at the cash or ¢)ther cons￿￿OratIOn
gXP8Cted to b9 paid or received and not discounted.
Debt instruments are subsequenlty measured at amortlsed cost
Where investments in shares are PL**I￿lY 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 p￿entS
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 sL*emenl 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* c*J'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'n*cial 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[m￿nI 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
NOrthumberl￿d 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&
Unrestr￿ed 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 donatic￿S and legacies
- Grants reGeiv?ble
4,600
4,600
Charltable actfvllles
Unrestr￿ted
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
UnreStr￿ted
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￿(Cred￿1ng).
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. Tn￿te0 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
r￿IngS
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
Inc￿ne 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$•ts betwoon fundb
unreStr￿ted
Funds
Restricted Total Funds
Funds
2024
Tangl￿e fixed assets
Current assets
17,112
120,446
137,558
17.112
120,446
137,558
Net assets
unrestr￿ted
Funds
Reslrict8d Total Funds
Funds
2023
Tangibte fixed assets
Current assets
21,390
108,078
21,390
110,293
2,215
Net assets
129,468
2,215
131,683
19. Lease ¢ommltsnents
As part of the on*oing th to redevelop the premL8e$. 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 don*ions 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
Ir￿Urance5
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