CHARITY ReGISTrATION NUMBER: 1177064
Seahouses Hostel
Unaudited Financial Statements
31 March 2025

Seahouses Hostel
Financial Statements
Year ended 31 March 2025
Pagg
Trustees, annual report
Independent 8xaminer's report to the trustees
Stalement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not fomi part of the financial slatements
Detailed statement of financial activities
16
Not8S to the detai18d statement of financial activities
18

Seahouses Hostel
Trustees, Annual Report
Year ended 31 March 2025
The trustees present thelr report and the unaudited financtal Btatsm8nts of the Charity for the ye8r ènd8d
31 March 2025.
R9fgrgn¢• and admlnistratlvg dotalls
Reg18tsred ¢harfty name
Seahouses Hostel
Charity regl$tration number
1177064
Prlnclpal offlco
157 Main Street
Seahouses
Northumberfand
NE68 1TU
Th• trustees
Mrs J T¥Jrnbull
Canon T Macpherson
The Venarable Dr C Sourbul
Groves
Mr A Harris
Mr G Scott
A Patterson
(Resigned 23 July 20241
(Appointed 23 July 2024}
Independent examlner
Mkhael W Reed
Russell Hous8
Greenwell Road
Alnwck
Northumberland
NE68 1HB
Structure, governance and managem•nt
In preparing these finandal statements, the trustees are requlred to select suitable accounting pollcles, as
described on pAges 7 - 10, and then apply them on o consistent basls, maklng 5udgements and eslimales
that are prudent and wsonable. The truste68 must also prepare the financial slalemenls on the going
concern basts Ltnless It Is not appropriate lo presume th81 the charity will continue in buslness.
The trustees are responsi1￿e for k8eplng proper accounting records whlch disclose with reasonable
accuracy at any time Ihe financial posit6on of the charity and to enable them to ensure that thg financial
statements comply with the Charities Act 2011. The truslges aro also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irrogularibes.

Seahouses Hostel
Trust•os' Annual R&port (ContItt￿dj
Year ended 31 March 2025
ob￿ct￿O$ and acllvltles
Fljrposes. aims and d61fvgTlng publ1¢ benefit
The Seahou888 Hostel18 a rgglslered charlty (Charlty Reglslratlon No. 11770641.
The Sgahouses Hostsl oblecllv68 and alm8 aro:
1. To provlde a po811ive rgsldentlal envlronmènt for young people. allowlng them ID feel valued and 8pecial
as well as to experiencè the local area.
2. To provldo an envlronment for learnlng and d6velopmenl, wtth an empha818 tow8rd8 chlldren and
young pooplo.
3. To Involve. conlrlbute to and have a p)sllfva impacl In tho local ¢0mmu￿tY. locally and wlthwt n(Ylh
Northumberfand.
4. To achleva tho 80rt of Ilnancial and operatlonal $urvivabllSly that ensur08 tha Incluslon of d18advanlaged
gTOUPS.
5. To make g conlrlbuilon to the church's mSssion In the Noth-Eatst of England and beyond, through
ho8Pitallly and an anvlronment that promolgs 8plrllual well-belng
Thè Trustee8 consld8r that the al*)ve objecllves and actThiitig8 ar6 undert8ken to fLFrther the Charlfy'8
purpos8 for the public bgn8fll. The Trustees conflmi that they have given due regard lo the Charity
Commis81￿'S guldance on publ1¢ beneffl.
Ach10￿ments and perfom)ance
Th8 Management Commlttee of the Seahouses Hostel meets on a regular basls In order to monllor
progr8$s against Ihe Charlvs oi)leclSvos. Dutlng tho flnanclal perlod ended 31 March 2024. the Warden
has conllnued to look after the fabrlc of th8 bulfdlng, belng proactive in identifying work requlred to ensur8
that It Is malntalned lo thè hlghest possible stsnda¥d. Accommodatlon levgls have fa116n $llghUy during th8
year, to some 8xcepllon8lly hlgh numbers experlenced durlng the prevlous yoar and also r&flè¢ting a
local trend In the tourlsm sector Gaused by the g8neral economic situatlon. These numbors are however
now similar lo those prevaillng prlor to the pandemlc in 2020.

Seahouses Hostol
Trustees, Annual RepOrt{￿th
Year ended 31 March 2025
Flnanclal r•vl•w
Prkndpgl fundin9 sourc•s
Th• Ch4rlty gener8tss its income from Its main activ6ty as g h08ts1.
The Chgrlty 9190 continues to benefit Irom grants and 1$ gr8t8ful io have r¢¢wved In th'e period und•r
rwiew a lolal of £17,000. Th6s Included a grant for redecorating and replaclng the Iloorkng In the Hall. Most
notably thè Lord Crew$ charlty provlded linanclal 8UPPOrt of £15.000, bglng a bursary enablin9 a l¢)w8r
¢harglng tariff fDF quallfylng groups ￿$￿Ing from within the N•wcastle and Durham Dlocese's
The Charfty ha8 bttlng Income of £70.146 12024 È80.057) and g¥neratèd gn overall defldt of
£27.10612024'. 8ufF4us of £5.875) molnly due to refurbl$hmenl wclk besng undertaken.
Th• CFiwlty continu¢$ to hold ¥ d•slgnaled fund. to be used for tho Seahouses Hostel Dwlopment
Prolect. Tho b¥lonce of th1$ fund currentty stands at £120,228 and foll￿ng completion ot tha Inltlal phas8
is antlrypat8d that a sub8tanlal proportlon of Ihls fvnd wlll b& carrfed lo￿ar{l to #$sl$t In sub8equentvKrk
phase8.
Irw8stment and R888rvo$ Policy
Th¢ ct￿rfty ha¥ nts investments or slgnlficant re8erv•8 and. a8 8u¢h, doo9 not have a fornial inv8skn•nt
pc4iey. Whère pos8lbl8. cash balan¢8s are held in int¥r¥st framin9 dep¢*glt accounts.
th respect to res¥rv•s, the Trusts•s have identifiad tha need to provmlè a lovel of Te8erve8 whl¢h 18
sufficlenl to megt day to day running costs for one ￿ar, and to prowdo fc*r ongolng and conllngent buildlng
Mpalrs. The TruBtO&8 881imalg that a roserve of £70,OfrJ, which reprèsènts almost equivalent lo one year's
annual exwdltur•. is adequ*ts for Ihls purposè.
Plans for future p•rtod8
Th• immediate priority Is to 8tabllk¢ and grow *wr vi8Mor numbers, through continual Improvem$nt of the
lacilitles afforded 011Sed to a valua for money approach. The continued fit)ancial support ot Ihè Lord Crewe
Trust provid¢$ Invaluable a8$lstsnee by means of a sub8id18ttd tarwf. to qualfying groups.
Th• Iruslees. ￿n￿OI report W&8 approvod on 17 Juno 2025 and signed on bahaif of the boord of trustees
Canon T Ma¢pherson
Tru$t•O

Seahouses Hostel
Independent Examlnetrs Report to the Trust88s of Sèahouses Hostol
Year ended 31 March 2025
I report to the trustees on my examlnatlon of the financial stalem&nts of Seahouses Hostel I'the ¢harityl
for the year gnded 31 March 2025.
R￿pOnsIbIlItIeS and basis of roport
As the trustees of the charity you are responsible for the preparallon of the financial statements In
accordance with the requirgments of the Charities Act 2011 ('thg Act'}.
I report in respacl of my examination of tho charltys flnancial statements carrfed out under section 145 of
the 2011 A¢t and In Carrying out my examlnalion I have followed all th8 applicable Directlons glven by the
Charity CommFssion under section 14515llbl of the Act.
Indgpandont gxaminerfs St&gment
I have completed my examination. l oonfim) that no material matters have come to my attention in
connection wlth the examination giving me cause to believe that In any material respect..
accounttng records wgro not kept In respect of the charity 88 requlred by section 130 of th& Act;
or
the financiol statements do not accord with those records.. or
the financial slalements do not comply wth the applicablo requirements concerning the form
and conlenl of accounts set out in the Charities {Aecounls and Reports) Regulations 2008 other
than any requirement that the accounts give a 'lrue and fail view which is not a maller
considered as part of an independent examlnalK)n.
I have no concerns and have come across no other matters in connection with the oxaminallon to which
attontion should be drawn in this report in order lo enable a proper understanding of the accounts to be
reached.
Michael W Reed
Independent Examiner
Russell House
Greenwell Road
Ajnwick
Northumberland
NE66 1HB
17 June 2025

Seahouses Hostel
Statement of Flnancial Activltles
Year ended 31 March 2025
2025
Unrestricted
funds Tt>tal fund$ Total funds
2024
In¢omg and endowments
Donations, legacies and other8
other trading activities
Investment income
17,000
70,146
3,798
90,944
17,000
70,146
3,798
90,944
18,811
80,057
4.625
Total 5ncome
103.493
Expgndlturo
Expenditure on r81slng funds:
Costs of raising donations and legacies
ExperKliture on charbtable activities
Total expenditure
4,600
93,018
97,618
118,050
118.050
118,050
118,050
Net16xpendlturo}Ilncome and ngt movomont In funds
127.1061
127,106)
5,875
Reconclllatlon of funds
Total funds broLJght forward
Total funds carrl&d for%vard
137,558
110,452
137,558
110,452
131,683
137.558
The statement of financial aclivllies Includes all gains and losses recognised in the year.
Al Incom8 and expenditure derive from continuing activits'es.
Th• not•s on pa9e$ 7 to 14 forni part of th09• flnan¢lal gtat8m•nts.

Seahouses Hostel
Statsmont of Flnanclal Posltlon
31 March 2025
2025
2024
Flx•d •$Bots
Tangib￿ fix•d ￿$ots
14
14,616
17,112
Cuff8nt a•s•t#
D&btors'. due withln on8 y68r
Ca8h at bank and kn hand
1S
1,400
103,645
10S,045
1,400
128,217
127.617
•dltor¥: amounts falllng duo wlthln on• y•ar
Trad& cradltoig
A¢c¥ua18 and defarrod Income
6.225
984
6.481
690
9.209
95.836
110.452
7,171
120,446
137.656
137,558
Nol curr•ntas$•ts
Total ass•t• Ims currnnt M•billtle$
N•tass•ts
110,452
Funds of thè charfty
Unrastrlc¢•d fvnd$
110,452
110.452
137.558
137.558
T(*tal ¢h•rltyfund•
17
Th•$0 ffinanclal 81alements w•0 approved by the board of tru8tees and authori8ed for Issu• on 17 June
2025. and am $igned on behalf of thè board by..
Canon T Macphers
Trust••
The not06 on pag85 7 to 14 fr•m) part ofthe80 thanclal •tat•ments.

Seahouses Hostel
Notes to the Financlal Statsments
Year ended 31 March 2025
Ggngral Inlorniatlon
The charlty ts a publlc bgnefft gntity and a registered charlty In England and Wal88 and Is a Chorftable
Incorporated Organisatlon. The address of the princlpal offtce 18 157 M81n Street Seahou8e8,
Northumberland, NE68 7TU.
statement of Gompllance
These flnanclal ststem8nls have been prepared In compllance vAth FRS 102. 'The Flnan¢lal
Roportlng Standard appllcable In the UK and th9 Republlc of Ire￿nd,, the Statement of
Recommended F4Bctico appllc8tAe to charib8s prepari￿ their accounts In accordancg wlh the
Flnancl81 R6POrtlng Slandar(l appllcable In the UK and Repubiic of Ireland {FRS 102} (charf￿9$
SORP {FRS 1021) and tho Charllies Act 2011.
A¢countlng pollcles
Govemm•nt grants
Govemment grants are Tecounlsod at the falr value of th8 asoet recelved or recglvelle. Grant8 are
not recognlsed unlll there Is r6asonable assurgnce that the company wlll comply wlth the condlllon8
altachlng to them and the orants wlll bè r8celved. Where the grant dws not impos8 specified fuiure
performancfrrelated oondlllon8 on tho reolpignL 1118 rocognised In Income when the grant proceeds
are reoelved or recelvable. Where tho grant does Impose $pèclfied fLJture perfom8nc&related
condlllons on Ihg redplenl, it is recognSs8d in income only when the p8rf0M)anco￿jaIed condltlons
have beèn met. Where grants received are prlor to satI￿n9 the r8v8nuè re￿￿nI￿on crlterla, they
arè recognised a$ a Ilabluty.
Ba8ls of proparatlon
Tho financlal statements hav8 been preparèd on Ihe hlstorkal cosl bas1$, 48 modilled by tho
revaluatlon of certaln ftnanclal a88ets and 11a1￿11￿85 and Invgstsnenl prtspertles measured at falr value
through Income or oxpandltwe.
The financlal statements wo prepared In 8tsdlng, whlch Is Ihe funclk+ll81 currency of the onllty.
Ponslon wntrlbutlons
Conlrlbullons to defined ¢ontrlbullon plan$ are recognised as an expense In the perlod In whl¢h tho
relat8d servlce18 provldgd. Prepald contribullons aro recognl8èd 88 an a88Ot to tha 8xtent that the
prepayment wlllload to a reductlon In fulure payments or a cash fafund.
Golng Goncèrn
There are no materlal uneartalnttes about the charws ability to continue.
Dlsdosur• exompllons
No cash flow statement ha8 boen presented for the company.

Seahouses Hostel
Notes to the Financial Stataments (￿nI1￿￿e￿)
Year ended 31 March 2025
Aceountlng poli¢l•s (oon¢lnuodJ
Judggmanls and koy 8ourc08 of estlmatlon un¢artolnty
The p￿paratIOn of Ihe flnancial slalements requires management to make judgements, eslwnales
and assumptions that affect the amounts reported. These estlmales and judgements are continually
reviewed and arè b8sed i)n experien￿ and olher factors, inclLKling expeotalions of future events that
are believed to be reasonable under the ¢ircumslances.
Fund a¢¢ountlng
UnreslTiCted fund8 are available for use at the dlscrelion of th¢ trustees to further any of the charitys
purposes.
Designated funds are unreslricled funds earmarked by the trustges for particular fulurg project lx
commitment.
Restricted funds are subjectèd to Teslrictions on their expenditure declared by the donor or through
the temis of an appeal, and fal Into oné of two s￿b-¢I8$S9S.' roslricted income tunds or endowment
funds.
Incomlng resources
l incoming resources are included in the statement of financiol activities iThh8n enlid8ment has
passed to the charit￿. il is probablo that the economic benefits associated with the Iransa¢lion IMII
flow to the charity and the amount can be reliably measured. The follown9 specific policies are
applied lo partlculai ¢alegories of incr￿8..
income frorrt donations or grants 18 recognised when there 18 evld6nca of entitlement to the glft,
receipt is probable and its amount can be measured reliably.
legacy Incomb Is recognised ￿en r8¢6lpl 1$ probat￿& 8nd enlittemont is estsblbshed.
Income from donated goods is measurod at th8 falr value of Ihg goods unl888 this is impractical
lo measure reliably. in which case the value is derived from th8 cost to the donor or tho
estlmaled resale value. Donated facilities and servicès are recognised in the accounts whe
received if the value can be reliably measured. No amounts are included for the contribution of
goneral volunteers.
income from contracts for thg supply of services is recognisfjd wlth thè delivery of the contracted
serv￿. This is classified as unre81ricted funds unless thgro is a contractual requirement for il to
be spent on 8 partlcular purpose and returned if unspent, In which case il may be regarded as
rg8trtoted.

Seahouses Hostel
Notes to the Financial Ststements (wnthJuetl)
Year ended 31 March 2025
Accountlng poll¢los IGonllnuodJ
Resourcos •xp•ndgd
Expenditure ig recognised on an accruals basis as a liabllity 58 Incurred. Expenditure includes any
VAT whloh cannot be fully recovered, and is cla8silied under headings of the slalemenl of financlal
activities to which il relates-
expenditure on raising funds includ88 the costs of all furKlraisin9 aclivibes. events, non-
charitable trading 8clivllie5, and the sale of donated goods.
expendllure on charltsble aCti￿lIeS Includes all costs Incurred ty a charity In undèrtaklng
aclivltles that further its charitable alms for Ihg b8nefil of Ils bengficlari8s. indudlng those
support costs and costs r91ating lo the governance of Ihe charfty apportloned to charitable
ac1iwt￿$.
other expènditure Includes al expenditure that is neither related lo raislng funtls for the charity
nor part of ks expenditure on charitable activltles.
All costs are allocated to 8xp8ndbtur& calegorigs rgflecling the use of the resource. Direct costs
attributable to a single a¢tNity aye allocated dlrectly lo that actNIty. Shared costs are apportioned
between the activities they contribute to on a reasonable. justifiable and consislenl basis.
Tanglble 8r•S•ts
Tangible assets are inillally recorded al cost. and subsequently slated at cost less any accumulated
depreciation a￿1 impairment losses. Any tangiblo assols carried at revalued amounts are re¢or(led at
the fair value at the date of revaluation Igss any subsequent accumulated depreciation and
subsequent accumulated impalrment losses.
An increos8 in the carying amount of an asset as a result of a revaluallon, Is recognlsed In othèr
recognisod gains and losses, unless it revefses a charge for impairment that has previously b8on
iecognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and 10$86s,
except to whlch it offsets any previous revaluation gain, in whlch case the loss18 shown ￿thIn other
recognised galns and losses on the slalement of flnanclal acllvilles.
Depreclatlon
Depreciation is calculated $0 as to wrile off the co81 or valuation of an as8et, less its residual value,
over the useful economic lrfe of that asset as follows..
Fixturos and fittings
Equipment
200￿ reducing balance
20Vo reducing balance
Impalrment of flxèd a8sdts
A review for indicator8 of Impalment Is carried out al each reportlng dale. wlh the recoverable
amount being eslimale(I where such indlcalors exSst. Where the Car￿ng value exceeds the
recoverable amount, thè asso1 18 Impalred accordingly. Pritsr impalrments are also rgvlewed for
possible revers81 at each reporting date.

Seahouses Hostel
Notes to the Financial Statements {contlnu¢d)
Year ended 31 March 2025
Accountlng pollclo$ (¢onffJnue(l)
Impalrment of fixèd assets (contfftued)
For the purposes of impaSrment testing. when it is not possibl& to e81imale the rgcoverable amount of
an individual asset, an estimate is made of the recoverable amount of the cash-generaling unil lo
which th8 asset belongs. The cash-generating unit Is the smallest id6nlrfiable group of assets that
includes the asset and genarales cash infk)ws that larg8ly indèpendent Df the cash inflows from other
assets or groups of assets.
For impairment lesling of goodwill. the goodwill acquired in a business combination 18, from the
acquis11Son dale, 8llo¢aled lo each of th8 cash-g8nerating units that are expected lo benefit from the
synergies of the Combination, irrespective of whether other assets or liabilities of the chaiity ar8
assigned to those units.
Flnanclal In$trument$
A finar)cial asset or a financial liabillly is recognised onty when the cha￿ty becomes a party to the
ontractual provisions of the inslrumenl.
Basic financial instruments aro in511ally recognl8ed at the amount receivable or payable including any
related transaction costs.
Current assets and cuffonl Ikqbllltles are subsequently measured * the cash (x other consideration
expected to be paid or rgceiv8d and not dls¢ounted.
Debt In8lrumenls are subsequently measured at amortlsed cost.
Where investments In shares are publlcly traded or their fair value can olheMi8e be measurgd
reliably, the Inve8tm&nl Is subsequently measured at fair value wlth changes in fair valu$ recognis&d
In incom6 and exp8nditure. All other such investments are subsequently moasured al cost less
impairment.
Other flnanclal Instruments. including derivatives, are Inhlally recognised al fair valu8, unless payment
for an asset is dèferred beyond normal buslness terms or flnanced at a rale of interest that 18 not a
market rate. in which case the assot Is measured at thè present valua ol the futur& payments
dlscounted at a market rate of interest for a similar debt Inslrurnent.
Other financial instruments are subsequently measured 81 falr value. with any changes r6¢ognlsed In
the statement of financial activities, with the exception of hedging instruments In a deslgnated
hedging relationship.
Financial assets that arg measured at cost or amortised cost are reviewed for Objec￿Ve evldence of
impairment al the end of each feporting date. If there is objective evidence of impairment. an
impairment loss is recognised under the appropriate heading in the stslemenl of financial activi￿eS in
whlch the ini1181 gain was recognised.
For all equity inslrumgnls rggardless of significance, and other financial assets that ar8 indlvidually
Significant. these are assessed individualty for impairment. Other financial assets are gilhor assessed
IndNidually or grouped on the basis of similar credit ri8k characterislKs.
Any reversals of impairment are re¢ognised immediately. lo the oxtent tr￿1 tho reversal does not
10

result In a Car￿ng amount of the financial asset that exceeds what th8 carrylng amount would have
been had the impaiThent not prevlously been recognised.
io

Seahouses Hostel
Notes to the Financial Statements (confjlnued)
Year ended 31 March 2025
Donatlons, legaclos and othLVS
UnreslrScled
Funds
Restricted Totsl Funds
Funds
2025
Donatlons
Donations
Grants
Norlhumb&dand County Council
Communlty Foundation
Lord Crewe's Charity
Rolhley Trust
2.000
15,000
2,000
15,000
17.000
17,000
Unrestrictad
Funds
Restricted Totsl Funds
Funds
2024
Donatlons
Donations
211
211
Grants
Northumberland County Councll
Communlty Foundation
Lord Crewe's Charity
Rolhley Trust
500
2,000
500
2,000
15,000
1,100
18,811
15,000
1.100
15,211
3,600
Other tradSng actlvltle8
Unrestricted Total Funds Unreslricled Total Funds
Funds
2025
Funds
2024
Letlirvj and Licensing
70.146
70.146
80,057
80,057
Invostment In¢omg
Unrestricted Total Fund$ Unrestricled Total Funds
Funds
2025
Funds
2024
Bank Interest receivable
3,798
3.798
4.625
4,625
Costs of ralsing donatlon$ and legacles
Restricted Total Funds
Funds
2025
Reslrictod Total Funds
Funds
2024
Costs of raising donations and legacies
Grants receivable
4.600
11

Seahouses Hostel
Not88 to the Flnanclal Stat8montS {contthuedJ
Year ended 31 March 2025
Charltabl• a¢tlvltle$
Unrestricted
Funds
Resirlcled Total Funds
Funds
2025
Charltablo acttvlles
Support costs
117.066
117,066
118,050
118,050
Unreslricled
Funds
Reslrictsd Total Funds
Funds
2024
Charitable activities
Support costs
90,389
1,414
91,803
1.215
91,604
1,414
93,018
1,215
Expendlture on charltable activilies by actlvlty type
Activities
undertaken
directly Support costs
Total funds
2025
Totsl fund
2024
Charitsble activities
Govemance costs
117,066
117.066
984
91,604
1,414
93,018
984
117,066
984
118,050
10. Nel (expendI￿ra)rinc0Me
Net lexpenditurgllincome is slated after ¢harginglleredllingl'.
2025
2024
DepreciatiC￿ of tangible fixed a88ets
3,654
4,278
11. Independent examlnation fees
2025
2024
Fees payable to the independent examiner for..
Independent examination of the financlal statgments
900
900
12. Staff costs
The lolal staff u)sls and employee benefits for the reporting pwlod are analysed as follows..
2025
2024
Wages and salaries
26,797
22.297
The average head wunl of employees during the year was 312024.. 31.
12

Seahouses Hostel
Notes to the Financial Statements (contlnued)
Yoar ended 31 March 2025
12. Staff Costs fwillnu8d)
No employee r￿e1Ved employee beneflts of more than £60.000 during the ye8r12024.. Nill.
13. Trust00 romuneratlon and expenses
No remuneration or other benefits from employment wlh the charity or a rel8tsd ontity were receiv8d
by the trustees.
14. Tangible r￿ed asset$
Flxtures and
fittings
Equlpmenl
Total
Cost
At 1 April 2024
Additions
5.984
1,158
7,142
63.151
69,135
1.1S8
At 31 March 2025
63.151
70.293
Deprnciatlon
At 1 April 2024
Charge for the year
At 31 March 2025
5,426
343
46,597
3,311
52,023
3.854
5.769
49,908
55.677
Carrylng amount
At 31 Mar¢h 2025
1,373
558
13.243
16,554
14.616
At 31 March 2024
17.112
15. Dèbtory
Debtors falling due within one year ar¢ as follows-
2025
2024
Prepayments and a¢¢rugd income
1,400
1,400
16. Other cr•dltor8 Includlng taxatlon and so¢lal sgcurlty falllng
due within one y￿r
2025
£nll
2024
£nll
13

Seahouses Hostel
Notes to the Financial Statements (¢onllnu
Year ended 31 March 2025
17. AnaFysls of charltsble funds
Vnrestrfcted fvnds
Al
1 Aprll 2024
At
Income Expenditure 31 March 202S
Ggneral funds
Designated Fund
17,332
120,226
137,558
90,944
{118.0501
{9,774)
120,226
90.944
(118,0501
110,452
At
1 April 2023
At
Income Expenditur8 31 March 2024
General fvnds
D8slgnated Fund
9,242
120,226
99,893
191.8031
17,332
120,226
137,558
129,468
99,893
191.8031
18. Analy$l$ of not assets between fund$
Unrestrtcled Totsl Funds
Funth
2025
Tanglble f1xed assets
Current assets
14,616
95.836
110.452
14,616
95.836
110.452
Net assets
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
17.112
120.446
17.112
120,446
137.558
Net assets
137.558
19. Leasè commltmonts
AS part of the on-golng worf( to redevelop the premlses, a new lease has been negotiated with effect
from 1 April 2018.
20. Relatad partles
There werg no direct transactior￿ wlh ony rglaled party during th6 year12024: £nll).
14

Seahouses Hostel
Management Information
Year ended 31 March 2025
The tollowlng pages do not forni part of the financlal statomonts.
15

Seahouses Hostel
Detailed Statement of Flnanclal Actlvltles
Year ended 31 March 2025
2025
2024
Income and endowments
Donations, legacies and other8
Donations
NorthumborlaThJ County Councll
Community Foundation
Lord Crewe's Char
Rothley Trust
211
500
2,000
1S,QOO
1,100
2,000
15,000
17,000
18,811
Other tradlng activStles
Letting and Llc8nsing
70,146
80,057
Investment Income
Bank Interest raceivable
3,798
4,625
Total Incomt
90,944
103,493
Expendlture
Costs of ralsing donatlons and1ggaclg5
Rapalrs and maintenance
4,600
Expendlturo on ¢harftable acllvltles
Wardens Ernploymenl Costs
Rent
Rates and Water
Heal, Light and Power
Building Maintenan
InSUran￿S
Garden
Hall Expenses and Resources
Postagas. Phone. Stationery and Advertising
Accountancy Fe8S
Sundries and Administration
House Keeping and Cleaning Costs
Depr&ci8llon
Bookke&ping an Reporting
Health and Safety
Renewals and Renovations
26,797
6,000
1,568
6.408
9,297
4,554
1,720
22,297
6,000
1.353
6,481
13,109
4,265
1,361
217
1,636
912
1,620
4,629
4.278
1,176
94
23,610
93,018
2,096
984
1.003
6,268
3,654
2.197
45,504
118,050
Totol ?xpondlturo
118.050
97.618
16

Seahouses Hostel
Detalled Statement of Flnancial Activities (con¢inu¢d)
Year ended 31 March 2025
2025
2024
Nèt {gxpondlturellln¢ome
127,106)
5.875
17

Seahouses Hostel
Notes to the Detalled Statement of Financlal Actlviti8S
Year ended 31 March 2025
2025
2024
Costs of ralslng donatlons andlggacles
Cost$ of ralslng donatlons and lega¢les- Grants receivabl•
Grants receivable - repairs & mainl@nance
4,600
Costs of ralslng donatlons and legacles
4,600
Expèndlture on ¢haritablt actlvltles
Charltablg a¢tlvltSes
Actlvltles undertaken dlre¢tly
Warden's Employment Costs
Rent
Rates and Wat8Y
Heat Light and Power
Building Maintenance
Insurances
Garden
Hall Expenses and Resources
Postage, Phono, Stationery and Advertising
Sundries and Adminislralion
House Keeping and Cleanlng Costs
Depreciation
Bookkaeplng and Reporting
Hgallh and Safety
R8newals and Renowdtions
26.797
22,297
6.000
1.353
6,461
13,109
4,265
1,361
217
1,636
1,118
4,829
4,278
1,176
1,568
6.408
9,297
4,554
1,720
2,096
1,003
6,268
3,654
2,197
45,504
117,066
23.610
91.604
Governanco costs
Govemancg costs - accountancy feès
Govemance costs- honorarium
912
502
1,414
Expèndlturfr on charitable aGtivitie¥
118.050
93,018
18