## Friends Of Fulwell Annual return 22/23
During this period, the charity continued its commendable work, notably through the Warm Spaces program. The total income was £22,424, including a significant contribution from government grants amounting to £15,300. This funding was crucial in supporting community activities, particularly during the Covid crisis, positioning the charity as a central hub for support and running a warm space.
The total expenditure was slightly higher at £23,211, indicating a modest overspend. This expenditure went towards various community projects, workers' costs, and other related expenses. The year ended with a slight decrease in net assets compared to the previous year, reflecting the charity's ongoing commitment to its community programs despite financial challenges.
The charity's work, especially in engaging and supporting vulnerable groups, young people, and environmental initiatives, has made a significant impact in the Fulwell ward. The involvement in activities like litter picking and youth clubs, alongside the essential support for the socially isolated, showcases the charity's dedication to improving the local area both socially and environmentally.
Overall, despite the financial challenges, "Friends of Fulwell" has continued to make a substantial difference in the community, thanks to the support of donors, volunteers, and local partnerships. This commitment to community welfare is commendable and aligns with the charity's objectives of increasing activities for young people, developing volunteer groups, assisting in funding bids, improving health, reaching out to vulnerable individuals, and enhancing the local environment.
|Review of the charity’s
financial position at the end
of the period|**We had an income of £22,424 and**
**outgoings of £23,211**|
|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|**At the end of year we had £21,960 in**
**the bank held in reserve which**
**included £10,000 restricted reserves**
**(awards for all project) £11,860.01**
**allocated (Covid Community Support)**
**£100 unrestricted funds**|
Amount of reserves held **£14,407.57**
## **Names of the charity trustees who manage the charity**
|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person**
**(or body) entitled**
**to appoint**
**trustee (if any)**|
|---|---|---|---|
|Stephen Douglas
Mckenzie||||
|Lynn Hutcheon||||
|Adrienne Dickson||||
## **Declarations**
## **The trustees declare that they have approved the trustees’ report above.**
## **Signed on behalf of the charity’s trustees**
**S Mckenzie L. Hutcheon A.Dickson**
## **Friends of Fulwell**
Charity number 1177228 Financial accounts and reports
for the year ended
31st March 2022
**Friends of Fulwell Information**
## **Trustees**
Adrienne Dickson
Lynn Hutcheon
## **Charity Information**
Charity Number - 1177228
CIO Foundation Date - 19th February 2018
## **Charity Address**
Monkwearmouth Acadamy
Torver Crescent
Sunderland SR6 8LG
## **Employee with total benefits over £60,000**
None
## **Financial Summary**
Total Income £22424 Total Expenditure £23211 Government Grants included in income £15300
1
## **Friends of Fulwell Balance Sheet as at 31st March 2023**
|**Notes**
**Current assets**
Bank/building society balances
**Current liabilities**
Other liabilities
**Net Assets**
**Net Charity Assets**
**Charity Reserves**
Balance at start of period
Prior year adjustments
**2**
Excess income
Total fund reserves
**1**|**2022**
**£**
14,407.57
14,407.57
-
0.00
14,407.57
14,407.57
15,195.01
-
-787.44
14,407.57|**2021**
**£**
15,195.01
15,195.01
-
0.00
15,195.01
15,195.01
21,960.01
0.00
-6,765.00
15,195.01|
|---|---|---|
2
## **Friends of Fulwell Income and Expenditure Statement Year Ended 31st March 2023**
## **1 Profit and loss account analysis**
|**Income**
Charitable Donations Received
War Memorial donation
Freemason Grant
Amazon smile
Charities Trust
Covid & Warm spaces Community Support
Grosling Foundation
**Expenditure**
General Community Project Costs
Workers costs
Travel costs
Donations & project assistances
Excess income over expenditure|**2023**
**£**
569.40
517.50
1,000.00
19.48
17.50
15,300.00
5,000.00
**22,423.88**
2,046.50
18,582.32
0.00
2,582.50
23,211.32
**-787.44**|**2022**
**£**
1,100.01
0.00
0.00
0.00
0.00
8,875.00
33.27
**10,008.28**
381.28
16,162.00
0.00
230.00
16,773.28
**-6,765.00**|
|---|---|---|
3
## **Friends of Fulwell Notes to the Accounts as at 31st March 2023**
|**Reserve funds**
# Unrestricted funds
# Allocated funds
Restricted funds||**As At**
**Excess**
**01/04/2022**
**Income**
100.00
-787.44
10,095.01
0.00
5,000.00
0.00
15,195.01
-787.44|**Reserves**
**movements**
787.44
-787.44
0.00
-|**As At**
**31/03/2023**
100.00
9,307.57
5,000.00
14,407.57|
|---|---|---|---|---|
## **2 Reserve funds**
4