OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Trustees yonas
Kifle
Eyob Haile
Dr Sirak Hagos
Charity number 1178903
Address Triangular CIO
273 High Street
Gateshead
NEB 1EP
Independent examiner Azets
New Garth House
Upper Garth Gardens
Guisborough
TS146HA
Bankers Lloyds Bank

Trustees'
report
page 3to 7
Independent
examiner's
report
page 8
Statement offinancial activities page 9
Balance sheet page 10
Notes to the financial statements page 11to 15

Outcomes
included
in I-IACT calculatio
n
No. NEW UNIT OF GROSS
ACTIVITT OR CHANGE PARTICIPANTS 5OCIAL VALUE SOCIAL VALUE
Moving from unemplayment
to full-time
employment
Elahqgs 144,330
Moving from unemployment
to self-employment
6SLASS 34,763
Moving from unemplayment
to a pan-time
lob
6,6D1
satisfied are you with your lob security'? 12D,342
Volunteers
at least once per month for at least two months
110,460
Attends
local and voluntary
groups at least once per month for
at least twa menthe
f1,773 44A16
Emplayment
training at emplaym
ant ar lab centre
4,036
inta employment,
and has children
aged 12-257
16.999
SOCIAL GROUP- at leaSt OnCe a Week fOr at leaet twO rnOnthS 101.729
Active in a TENANTSGROUP D
FOOTBALL, Regular participation
(at least ance a weekl for at
least two menthe 46,506
KEEP FIT,at least once per week fsfrfo 0
WALKi NG inc running,
at least 1 p.w.
fsrzgs 52,S13
DANCE, at least 1p.w. faffsa 30,516
Frequent
MODERATE EXCERCISE
Ear279 0
Frequent
MILD EXCERCISE
ESP37
BARDEII ING- Regular
participation
fat least ance
least twa months
a week) for at fSe421
HOBBIES- Regular rehearsed/performed
dance, singing,
TOTAL ADDED VALUE 2021-2022 715,415
Overall,
we have identified
a social value of
E715,414.54 for an investment of E90,064, a Social Return on
Investment
ofE7.94for every pound
invested in Triangular's projects.

Unmstricted Restricted Total Total
funds funds
2022 2022 2021
Notes 6 6
income from:
Donations
and
legacies 10,000
Charitable
activities
2 28,950 61,114 70,232
Total income 61,114 80,232
~si
dil
Charitable
activities
3 (34,262) (41,875) (76,137) (49,550)
Other (1,029) (1,029) (830)
(35,291) (41,875) (77,166) (50,380)
Net (outgoing)/incoming
resources before transfers (6,341) 19,239 29,452
Gross transfers between funds 2,140 (2,140)
Net income/(expenditure) forthe
year/Net
movement
in
funds (4,201) 17,099 29,452
Fund balances st 1st April 2021 14,450 30,065 44,515 15,063
Fund balances at31stMarch 2022 10,249 47,164 57,413 44,515

Notes
Current assets
Cash at bank and in hand 31,110
Sundry oebtors 34,794
Creditors: amounts falling due
within one year 6 (2,604) (650)
Net current assets 53,840
Creditohn
amounts
falling due
after more than one year (5,887) (9,325)
Net assets 57,413 44,515
Income funds
Unrestricted
funds
—general 10,249 6,118
Restricted funds 47,164 8,945
57,413 15,063

Income from c haritable
acti
vities
unrestricted Restricted Total Total
funds funds
2022 2022
e
BigLottery- Awards for Ail
Big Lottery - Sports England 0 0 0 6,700
Big Lottery - Community Fund 0 0 0 9,932
Barrow Cadburys 0 0 0 9,300
Power to Change 0 1,850 1,850 9,300
Uoyds Bank Community Foundation 0 25,000 25,000 30,000
Gateshead
Council
2,500 0 2,500 5,000
Nona omori a Ponco 4,970 4,970 0
Leatherseller 1,450 0 1,450 0
Knatts 12,500 0 12,500 0
Common
Call
12,500 0 12,500 0
Heritage
Fund
29,294 29,294 0
28,950 61,114 70,232

Unrestricted Restricted Total Total
funds funds
2022 2022 2021
6 6 6
Charitable
activities:
Catering (1,680)
Food distribution (8,060)
Coaching costs (2,200) (2,200) (2,500)
Office / general admin (5,000)
Contract work (18,000) (18,000)
Rental ofvenues (4,040) (7,260) (11.7300) (1,300)
Training (1,580)
Staff costs (9,800) (33,965) (43,765) (27,620)
Volunteer expenses (222) (222) (990)
IT (650) (650)
Other: (34,262) (41,875) (76,137) (48,730)
Loan interest (95) (95)
Accountancy fees (934) (934) (830)
Total expenditure (1,029) (1,029) (830)
(5,2 1) (41.575) (77,166) (49,566)

2021
Amounts
falling due within one year:
E
Expenditure
in advance
5,500
Funds Receivable 29,294

C reditors: a mounts
falling due within one year
2021
Amounts falling due within one year: g
Accruals and deferred income
Bounce back loan

Amounts falling due after more than one year:
Bouncebackioan
5,887 9,325
5,887 9,325

The income funds funds ofthe charity include restricted include restricted funds comprising funds comprising the following the following unexpended unexpended
balances of grants held for specific purposes.
Balance at Incoming Reaources Balance at
14.2021 resources expended Transfers 31.3.2022
Total
f
Unrestricted
funds
Gene ral funds 14,450 28,950 (35,291) 2,140 10,249
28,950 (35,291) 2,140 10,249
Restricted funds
sport England (90)
Barrow Cadburys 1,770 (2,600) 830
Heritage
Fund
2,880 29,294 (2,880) 29,294
Power to Change 1,125 1,850 (2,975)
Uoyds Bank Community Foundation 24,200 (36,300) 12,900
hie rthumbria Po)ive 4,970 4,970
30,065 61,114 (41,875) (2,140) 47,164
Totalfunds (77,166) 57,413
Analysis ofnet assets between funds
Unrestricted Restricted Total Total
funds funds
2022 2m2 2021
6 6
Fund balances at 31stMarch 2022
are represented by:
Tangible assets
Current assets/(I iab i Iit ies) 10,249 47,164 57,413
10,249 47,164 57,413 44,515