.I::Ii.'iS, OUR ANNUAL TRUSTEES REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 NDRC NORTHEAST DISABILITIES RESOURCE CENTRE CONTENTS PAGE I Contents PAGE 2 Objectives & Activities Achievement & Performance PAGE 3 PAGE 4 Future Plans PAGE 5 Financial Review PAGE 6 Risk Assessment PAGE 7 Structure. Governance & Management PAGE 9 Our Year In Photos PAGE 10 Staternent Of Trustees, Responsibilities The Opening Of The Valiant Centre PAGE 11 PAGE 12 2024 at NDRC PAGE 13 Independer)t examiner's Report Statement of financial activities PAGE 14 PAGE 15 Balance Sheet PAGE 16 statement of cash flows PAGE 17 - 26 Notes to the financial statements Jaqui says she "likes coming to the Daycentre to see her friends and to do drama, it's good fun with Mary" NDRC OBJECTIVES AND ACTIVITIES q• The trustees who are akn (firectofs ofthe CofflplthiS Act 2006, present thelr report wlth the flnanclal statements of the charlty for the year ended 31 October 2023. The financlal statements have been prepared In accordance wlth the accountlng pollcles set out In note I to the fIr￿ncIal statements and comply wlth the charlty's artlcles of associatlon. the Companies Act 2006 and the provlslons of "Accountlng and Reportlng by Charltles: Statement of Recommended Pra¢tlce applicable to charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102)" (effectlve I ￿nUary 2019). Objectives and aims The 'Objects' of the charlty, as set out In our Artlcles of Association dated 5 December 2017 are: To promote the care and welfare of those with physical and/or learning disabilities with a particular emphasis on Cerebral Palsy, primarily. but not exclusively withln Sunderland, by the provision of services, support and training for those Individuals. includlng but not restricted to, services relating to healthcare. welfare, social interaction. medical assistance, education, employment, accommodation, advice and guldance. The advancement of educatlon, training and awareness amon9St the general public and related and relevant professionals, on the specialist needs, complex and diverse requirements of individuals with Cerebral Palsy, to enable wider range of approaches and interventions to enhance service provision N.D.R.C. contracts its Day Care provision and its educational provision to South Tyneslde. Durham and Sunderland local authorittes. We havé increased our range of services by belng the chosen care provider for Sunderland's housing's supported living bungalows sltuated at Vallant Close In Hendon Sunderland. We continue to offer Personal assistant, (P.A.) for people who wish to access the wider cornmunity. NDRC ACHIEVEMENT AND PERFORMANCE The charity offers day care. supported Ilving and PA services for the people of Sunderland and surrounding areas. NDRC operates a day care centre named 'The Valiant Centre. in Hendon, Sunderland SRI 2BS. The charity offers transport to bring rnembers to the centre and to take them home. Once at the centre the charlty offers a caring and supportive environment where activities and entertainment are offered to help enable members and improve wellbeing. NDRC NDRC NDRC 4Yr#fe4 L* btsy Lerfre MemDers have increased to 42 p•r w••k in thg daycentre and are gradually growin9. Wle opened our new day care centre to it5 members in February 2022. The centre hès gradually seen sessions Increase 10 107 M•slon¥ per week which is well c•tered for In the bigger premises. 0107 Sorne of these sesslons are delivered by tutors who provide enablement programmes and theraples sesslons. staff also provlde stimulating actlvltles such as crafts and quizzes as well as accesslng the local communlty. The building has all the latest technology to asslst wlth sesslons as well as having fun things to do such as sensory equipment. Sean states. 'Living at Valiant Close has given me my Independence back, I have SUPPOrt from staff which makes me feel secure" SUPPORTED LIVING SERVICE The 5UPPOrted Ilving service runs Out of the centre and are registered with CQC. NDRC are providing support to 6 indivlduals to Ilve In their own homes. The scheme is called 'Vallant Close,. Staff support individuals with daily living and to maintaSn their tenancy with Sunderland councll as the landlord. These bungalows are purpose built and fully accessible throughout with IT technology to support the individual to remain as independ￿t as possible. Our qualified team of support workers are on site to provide care and support to both the members in the daycentre and the clients In the supported living scheme. The government's Coronavirus Job Retention Scherne grants have enabled the charity to pay the 'real living wage, to the support staff. Public benefit The trustees have reviewed the outcomes and achlevements of our actlvltles for the year to ensure they remaln focused on our charltable alms and contlnue to deliver benefits to the publlc. We have complled wlth the duty under the Charitles Act 2011 to have due regard to public benefit guldance published by the Commlsslon. FUTURE PLANS The remainlng bungalows a￿ now occupled however this needs to continue and this reauiros and being enjoyed by their new tenants. furlhèr prorTiOt..on of the 5ervice5 available. It wi I talco titre to bui d up tho1g.vp.l o( re.serves We are In the process of buildino a completely lo eriaole tne charity to be ,n a more SLable i)ew web51te which NDRC are very exci;eo oosil i()iTr. Ai I lie date ot apK)roving the financial abaijl. and lire also loc)kir)g torwaro to the st6tcmen-.s there is iJncer:a',nly (Itx)u: tF)e charity chaf Ity boing 60 years o.d In 2024 Coll iinuing as a qoing concern. .OVIIILJ lurkword we are ooking at the We are also looking at increasing appointmenf uf, iiew 1rus.ees in -. he coming the capacity within our daycentre months to support the ex',s;Ing trustoes and aswell as the opening of a charity biiild ng on tno sk Ils o. thn cxis=Ing trustees and shop that will support clients with bri ng aC)IMe d.vprsity .nto the i)oard work. Monthly Social meetings are being oranised and will be taking place soon within our centre. Wp are also looking Into the dig1-. alisation of oijr Sill)FJorted living records NDRC boliQVC that ;his I s the. lill ijre of ;he people we 5uppor+ having i nstant access lo their care records. Tlie day care centre nurrbers have '.ncreased FINANCIAL REVIEW Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level ensure that, in the event of a significant drop in funding, they will be able to continLJe the charity's current activities while consideration is given to ways in which additional funds may be raised. Northeast Dlsabllltles Resource Centre operates a reserve fund for the purpose of covering any negative financlal implications that may affect the organisatlon. This includes: The termination of service user's contracts and the ensuing loss of related income that may lead to subsequent changes being made to staffing arrangements and organisational planning. Contractual commitments which may require the purchase of new equipment. facilities. and environments. NDRC have experienced issues which have impacted on the charity's performance for example identified tenants not moving in due to a change in their needs, 50 this income source has been non-existent. Due to there being a long lead time when tenants vacate and new tenants moving in in order to ensure their needs are met the time taken to re let the property has also had an impact on the building of reserves. The cost- of-livin9 crisis has a150 had implications with increased electricity and petrol prices. The Trustees acknowledge that the organisation has experienced a restructuring of its service which has resulted in the organisations occupancy of rented premises belonging to the Local Authority of the City of Sunderland The Trustees agree that to maintain reserves at their agreed level the organisation will need: Suitable Code of Practice Effective budgetary contro15 Effective management 5yStems mployment policies and procedures Good relationships with local funders and stakeholders NDRC This policy will be reviewed in line with our Quality Assurance System which requires Northeast Disabilities Resource Centre to review annually, or as when the need arises, all operational Policies and Procedures. £215,903 £138,289 The charity held at the end of the period £215,903 (2022. £133,470) in reserves, all of which are unrestricted funds. Free reserves, excluding reserves used for fixed assets. designated or restricted purposes amountod to £138,289 (2022 £47.710) at the end of the year. FINANCIAL REVIEW Total income for the year was £852.570 (2022." £651.538). Total Income in 2022 incltjdes £172,404 in donations relatlng to the transfer of trade assets and liabllities from the unlncorporated charity. Total expenditure for the year was £770.137 (2022,. É518.068) leaving an overall surplus of £82,433 (2022: £133.470) Risk Assessment The Trustees have a duty to identify and review the risks to which the Charity is exposed. The trustees continually review the risks and systems which are in place to minimise them. Both external and internal risks are reviewed to ensure that they meet the needs of the charity. Ronnle, "I have been comlng to the daycentre for many years and love meeting people. Sit n b f it keeps us movin9. Drama 9.ets us sinAing and dancin9" NDRC STRUCTURE, GOVERNANCE & MANAGEMENT IrJTIr' GOVERNANCE AND INTER￿AL The company was Incorporated on S December 2017. It is Ilmlted by guarantee and Is governed by its memorandum and articles of association dated 5 December 2017. The company is a Registered Charity - number 1180629.. The unlncorporated charlty, Northeast Dlsablllties Resource Centre was founded in 1952 and first constituted as a charity In 1966 as the Sunderland Spastics Society. In 1994 its Constitution was amended to Sunderland and District Scope: reglstered number 222675, and In 2007 a further amendment to Northeast Dlsabilities Resource Centre (N.D.R.C). In 2021 the original charity (Charity Number 222675) transferred its assets, liabilities and trade to become an Incorporated charity Company number 11097224. by them at the Annual General Meeting Occasionally a person may be co-opted onto the Executive Committee when deemed advantageous to the charity by the existing Executive members. Decisions regarding the day-to-day running, the management of staff, volunteers and general management are entrusted to the Centre Manager Ms Cordelia Rumley. who is responsible to and also reports to the Executive Committee. Responsibility for the financial accounts of the charity is shared between all the members of the Executive Committee. For day-to-day purpose5 the Treasurer and Manager maintain a close scrutiny of all transactions. and do thi5 in conjunction with the requirements of the management of N.D.R.C. Membership is open to all who have a genuine interest in N.D.R.C and upon payment of the membership fee (currently £6.90 per annum). Each member is entitled to one vote at meetings. Decisions about the direction of the charity and all policy and other major decisions are made by the Executive Committee; members of which are nominated by the general membership and then elected The Executive Committee keep in mind the Charity Commission's guidance on public beneflt. NDRC Induction and training of new trustees New Trustees attend an Executive Committee meeting before they are appointed as a Trustee in order that they obtain an understanding of the internal processes of the charity as a whole together with an understanding of any ongoing issues which the Executive Committee are dealing with. The skills of the existing Trustees are monitored on an ongoing basis and external training courses are provided where deemed appropriate. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 11097224 Charlty Number 1180629 Registered Office 4 Valiant Close Sunderland SRI 2BS Trustees Mr P Smith Mr E Bell Mr B Curran Mrs G Reverly (Appointed 01/03/2024) Independent Examiners Robson Laidler Accountants Limited Fernwood House Fernwood Road Jesmond Newcastle upon Tyne Tyne and Wear NE2 ITJ Bankers National Westminster Bank PIC 52 Fawcett Street Sunderland Tyne and Wear SR1 ISB Chris "I come to the day centre to see all my friends, we are like one big happy family" NDRC OUR YEAR IN PHOTOS NDRC STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees, who are also directors of Northeast Disabilities Resources Centre (N.D.R.C) for the purpose of company law, are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair vlew of the state of affairs of the charity and of the Incomlng resources and applicatlon of resources, Including the Incorne and expenditure. of the charitable company for that period. In preparlng those financial statements, the trustees ar• required to: Slale wheLlier &pp':cablc UK AcLoiJnt ng Standards have been followed. subject to any material deparlures disc osed ai)d explairied In Lhe financial sta4ements," and Prepare the financia., Slatements on the go.ng cor)cern basis unless IL Is in&ppropriate to prcsumc that tho charity will continiio in business. The trustees are responsible for keeping accurate accounting records which disclose wlth reasonable accuracy at any t5me the flnancial posltion of the charity and to enable them to ensure that the financial statements comply with the Companles Act 2006 They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularities. Seieci suitab.e accoLJnting policies ane LIiLin apply -hem consistently. Observe 11)e mL,thods and princip es in the Charity SORP. M8ke .udgmpnts and es-lma-es tha- are rc)asonable and prudent. Approved by order of the board of trustees on and signed on its behalf by: Mr E Bell Trustee Dale.. 17/07/2024 NDRC THE OPENING OF THE VALLIANT CENTRE t4 New £1.4mlllion disability resource centre in Hendon nears completion as It promlses to provide Ilfe changing support to those with additional needs .Our new disability resource centre in Sunderland which wlll provide life changing support to people living with additional need5 is completed with just months to go until it opens its doors. The É1.4millioTr Northeast Dlsabillty Re50UTC• Centre {NDRC). off Cork Slreet, Hendon, Is bolng developed by Sunderland City Councll to replae• the existing NDRC, which h45 become tlred and restricti￿ alter years of use. 'It's like Ilie lii)(Il ul IlTrc) iigsclw sk)Ifinq 1nlc .dCe 5Sltl) thcJ {)cw LL)f)trLi eiid dLdJlLif) hG'nit'S :. L)0. Tl)e K)euplLI WC) sJK)wrl cifLI i'xlilri￿Jlmj 'diiiily lo lye. diid tkiis IS jU5I w'ldl I'b Ivdf'l lo)r rTIy I ljrriily. so If's Ii¢Jt I Wdril 'ut tIl￿TI. -TI)Ly 'L%LifvLI lo bLI 5UVC)lJi ted to £)'-LeS5 tIiLJ S(JiYie JKJpJrLuiiiLItlS d5 dlFyO'IiLb Lilse, dnd to ei)IOy dctivilies ori tlié"r dLofstep Llyt dl (Y￿ 11)L)rn to live liiiDiJ5'. "ulfi',led lives. Il'5 a n'.<1551ve m¢JiiiLbiit lor s all ot NDRC." Biiile.Ino rjartner Tolent Mave topped OLJt on 8c".Ility. with a roo, novi cov@rir.e the site. %vhich will orw.n In tTho late AtJ-.i.mn and Inc,Jcè sp--cè for o rdiigLS ?1 activifiQ.s lèil?re.d ro ol￿b.1ed residents ip the orc, I hè currenr rKDRC centOid" "We. ie. t.hri lety. to se.n the c.p.ntre top oot. Yie h&i r.In£or tr,- milvlnq In. -he. se.rvicp.£ wp offi3r a￿e fe changino Ali"party biit tie.lno able. to £1 ionoft people 'rorn d dea,-.af-. d fha". '.vill rrrtirp rban dLxJble our LdPdLI:y i) just Irtrpipndous Cwncillor Kevin Johnstori. Jynarr'ic Lily c¢t)Inot merntser. sai"," 'OuT lousing Oel very 3rid IrivLsIITILI)t [)lan (HDlb?) set out plan5 &0 develcp li￿& horT)L)s f,. perple who mare Jccessiol& a-(￿￿rrIodJtiJfi, and wfapping -￿15 aroJnG a uentro thut Is c -.o knrjeortin j them Is sometYin9 t*rl-. Vo111 make a big difFpre-.ce. Joanne, "I love my home, I love the piece and quiet of living by myself and can do whatever I want" NDRC WHATS ON FOR NDRC IN 2024 60 Years of In 2024 NDRC celebrates 60 years of supporting the local community. pmrn We look forward to celebrating the achievement with you all. NDRC Support the remaining clients into their bungalows We ai"e lookiiig to Increase the capacity in th? d,i*in-, ntrp likl To have a charity shop to support cl ients with work opportunities. Monthly Social evenings a safe place to be.. fl In 2024 we will be working hard to increase the number visitors to our holiday lodge... HAGGERSTON CASTLE NDRC For more information visit...https'.//ndrc.org.uk/hol iday-lodge/ NDRC 12 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHEAST DISABILITIES RESOURCE CENTRE (N.D.R.C.) I report to the trustees on my examination of the financial statements of Northeast Disabilities Resource Centre (N.D.R.C.) (the charity) for the year ended 31 October 2023. Responsibilities and basis of report As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act) Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charity'5 financial statement5 carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement Since the charity's gross incorne exceeded £250.000 your exarniner must be a member of a body listed In section 145 of the 2011 Act. I confirm that l am qualif led to undertake the examination because l am a member of the the Association of Chartered Certified Accountant5. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material resF)ect'. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or 2. the financial statements do not accord with those records. or 3. the financial statements do not comply with the accounting requirements of sectior) 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which 15 not a matter considered as part of an independent examination-, or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charitie5 applicable to charities preparing their account5 In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn In thi5 report in order to enable a proper understanding of the financial statements to be reach@d. John Holbrook FC Robson Laidler Accountants Limited Fernwood House, Fernwood Road. Jesmond. Newcastle upon Tyne. Tyne and Wear, NE2 ITJ Dated.. I z £1 13 NDRC STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2023 Incomo and ondowments from: rknations and legatses charitab￿ aclivi116S Other Ir&Jing actsvil￿S Investments Other income 23,302 808,134 21,095 175.010 444,648 11,832 20.050 Total incorne 852.570 651,538 Expendlture on- Rais￿￿9 funds Charilable activities Olher expenditkjre 19,991 749,197 19 11,042 502,560 4,466 Tolal expenditurg 770,137 518,068 Net incom• and movement in funds 82,433 133,470 Reconciliation of lunds.. F￿nd balances al l November 2022 133,470 Fund balances at 31 Octobèr 2023 215.￿3 133.470 The slalemenl of financial activiltes includes all gaKJs ar*J k)sses rwThsed in the year. All inc(*ne and exwndilure derive from coF)linuiro activities. The slalemenl ol fInar￿la1 actiw1￿S also c(mplies with iho rwlurwiwils an i￿￿￿e and expenditure account undef the Companies Act 2C(J6. NDRC BALANCE SHEET AS AT 31 OCTOBER 2023 2023 2022 Notes Flxed as￿lS Taf¥Jible assets 14 77.614 85.760 Current assets Deblors Cash al bank and n hand 15 60.823 147.110 39.840 31,368 207,933 71,208 redltors: amounts falling due wlthln on8 yèar 17 69,644 23.498 Nei curr8nl assets 138.289 47.710 Total assets less current liabilitles 215.903 133.470 The funds of th• charlly Unrestricle(i funds 215.903 133,470 215.903 133,470 The company is enlilled lo the exgrnpti[￿ frL¥n the a￿j[l requirefflenl CL￿taIned in ￿liOn 477 of the Compan￿$ Act 2006. lor the year ended 31 October 2023. The directcn aCk￿)Y￿edge their r8swn&tJ"lilies for coMpl￿g ￿th the wuirwT*nts of the Companies Acl 2006 ￿th respecl to aecounling re￿rdS and the preparakncm ol financial stalemerrt5. The mèmbers have not r4uwed the caJnpany lo oblain an audtt ol its financial stalemenls fc* th& year q￿$t10n in acc1*Oa￿e with seLlion 476. These financial statemen15 have prepared ￿ acLDrdance lh8 proviwns appI￿ab￿ to companies subject lo the small companies regime. The linarrial stslemenls were woved by the trustees on 171.Q.7/'20.24.. Mr E Bell Trustee Company regislralion numt)er 11097224 (England aThJ Wales) 15 NDRC STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2023 2023 2022 Notes Cash flows from operatlng advlti Cash generated from operations 116.877 124.451 Investing actlvTrlies Purchase ol langthjle Iixed assets Proceeds from (Jisposal of langiLge fLYed assets Investment incomè rwAived 197,411) 750 39 Net cash generated fromllusod in) Investing activities 197.411) Flnancing activities Payment ol oblMJalM)ns under ffina￿e leases 11.924> 4,328 Not cash (used Inllgon•rated frofft rinancing activities 11.9241 4.328 Net in¢rease In cash and cash equivalents 115.742 31,368 Cash cash aquivalenls al beginning of ytsr 31.368 Cash and cash equivalents at end of year 147.110 31.368 NDRC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Ac¢ounting poll¢l¢s Charity inlomiation Ntytheast Disabilities Resource Centr8 IN.D.R.C.l 15 a PfiV8le cx)mpany h"miled by guarantee inc(YpNated in England and Wath. The fegislered oif¥% 6 4 val￿nI Clckse. S￿de[land. SR128S. 1.1 Accounting ¢onvention The financial slalements have been prepared in accc*dance wlh tho ¢haTily's Memorandum and Articles. the C(ynpanies Act 2W6. FRS 102"Th8 Financial Retx)rtffig Slandaré applicab￿ in the UK and Repubhc of Ireland- I'FRS 102.) and Ihe Charilies SORP "Accounting and Rerthing by Charities.. Statement of Recornmended PraCt￿e applicable to tharitses preparir¥J Iheir accounts in 8cthrdanc6 wlh the Financial Repo￿"ng Standard applicable in Ihe UK and Republic ol Ir8land (FRS 1021. (effective 1 J8nuary 20191- The charity is a Public 88nefrt Enbly as defined by FRS 102. The finanrAal sialemenls are ￿epar￿1 in sterling. is the CAJrrency of thB tharily. Monetary amounls in these financ￿1 stalBments are lo Ihe nearesl £. Th8 financial slalemenls have baen prepared Lmder the hL8torKal cos¢ cL￿vent￿l￿. The principal accounting polc￿ adopted are sel below. 1.2 Golng concern Al the lime ol approving the francial slalements, Ihe INslefjs have a reawable exp6clalh)n thai the chafily ha$ adequate re￿r¢e5 to continu& in operatKJnal extstence for the I￿se83b18 lulurè. Thus th8 trustees conts'nue lo adopt th8 gimng concAm basis of account￿9 in rtspariThJ the financ&1 slalemenls. 1.3 Charitablè fund$ Unreslncled lunds are availaLI8 use al Ihe digyelion ol the trustees in furtherance of their charllat4e obieclive8. Reslrictvj fund5 are subiecl lo Specif￿ c£*xlilions by ￿￿Or5 ￿ grantors as to how they may tk used. The purposes and uses of It￿ ￿Str￿le0 lunds ￿ sel wt in Ihe rn)¢es fiftanoal slalemenls ErKtObYTnent fvnds are subj￿1 lo S{￿lfiC C(*￿11￿#￿ by that Ihe capilal musl be mainlan&8 by Ihe charity. 1.4 Income IncA)me Is recognised when the charity is legaSty enlitkd lo Il after any p8rfomwnce o)ndilK)ns have been met, th8 3TrK￿nts can ba measured reliatrAy, arKI il ts p¥ob￿8 Ihat income ￿11 be receiveLI. Cash donations are recognised on recept Oiher donalions are re(x)gnised C￿¢8 Ihe chanly has been notified of the donalion. unless performance coThli1￿ns require d&leiral ol the amount. Income lax reo)verable in relation lo donations received under Gift deeds of covenant is recognised 31 the time of the donation. 1.S Expondltur• Expenditure Is recognised m there ts a legal or o)nstrLthe Obl￿1￿)￿ to transfer benefit to a third party, il Is Probable that a transfer of e￿r•>i)iC benefits will be wiffjred in selU8menl, and Ihg amounl of the obllgalion can be measured rel￿bly. Expenditure is classified by aciNity. The CA)sis ofeach aclivily are made up of Ihe lolal of dirgrl costs and shar6d costs. includthig supFx)rt costs involved in undortakn.ng eath aclNily. Direct cosls 8llributabl6 10 8 single actiwly ale allocaled directly lo that ¥tivity. Shared costs whth contribute to mcre ihan one aciivily and support costs which are not attributable to a single activity are appcxiK)ned belween those acli¥ilies on a basis consislenl wil the use of reSoUr￿s. Cenlral staff c051s afe all(￿ted on Ihe basis ol lime spent, depreaalion o*)arges ale alocaled ¢)n the PLYIK￿ of Ihe assel'"s use. 17 NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Accountlng pdlcles (Continued) 1.6 Tangible fixed assets TangitAe fixed assets are initi￿lY measured at cost ar*J theou￿uY measur&Y al cy)sl tr valuation, nel of deprecial¢on and any impaim7ent losses. DerK8aat￿)n is reC￿nISed so as lo vrtil6 off th8 Cost ￿ ¥that1￿ of assets less Ihw residu81 values over Iheir useful lives on the following bases_. Lea$et￿Id and build￿g5 Fixfures and fillings Motor veth'cles Temi ol lease 25% r￿U￿r¥j balanc 25% balant The gain (* lo$$ wising on the disposal of an assel 6 detern￿o0 as the drfference belween the sale proceeds and the carrying value of the asseL and is f￿niSed in the slalemenl of financial actwities. 1.7 Impalrni•nt of flxgd assets At each rewrling erKI dale. the charity reviews the carrying amwnls of Ils langitrAe assets to detemiine whether there is any irKlicalion Ihal Ih05e assets have suffered an impairmenl loss. 11 any such indication exists. the recoverable amournl of the asset is eslimated in c*der lo determine ihe extent of the Impalm￿nt loss lif anyl. 1.8 Cash and cagh equivalents Cash and rash equival6nts inckjde cash in hand, deF4)sils heky al call with banks, other short-lemi liquid investments with (xignal maturities of three m(￿1￿5 cw kss. aThY bank overdrafts. B￿k overdrafts are shown thin borrowings in currenl Iiabilili8S. 1.9 Flnancial instruments The charity has elected lo appty the 01 SeCtil￿ 11 'BaS￿ Financaal Instruments, and Section 12'01her Financial Insirumenls Issues. of FRS 102 to al of ils finan(ial inslrumenls. Financi31 instruments are r¢c(4nised in the ch￿ty.5 ba￿ce sheet the charity be(xmes pariy lo the conlraclual piovisions of the instrvmenl. Financial assets and lia￿.111185 are offsel, ￿1h the nel amounts presented w) the financial slalemenls. when there is a legally enforceable right to set off the reCC￿ls￿d awK)unls ihere És an intenl*M lo setde on a nel basis Dr to realise the assel and seille Ihe liability s1muttaneou￿y_ Basic financlal assets BAS￿ financtal assels, which NKlude debtOT5 a￿1 cash and bank ba18nces. are irilially measured al transaction pri￿ includfftg Iransaclion costs and are subsequently carried at amoftised cosl using Ihe effective interest melhcKJ unless the arrangement consltlules a financang Iransaclion, where the transaction is measured al the present vakJ8 ol the luture receipts discounted at a market rate cl Interest. Financk31 a55els classrfied as receivable within one year are not aM￿tised. NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Ac¢ountlng pollcles {Continuod> 8asic flnancial liathlities Ba&c linancial liabilities, ncluding creditors and bank loans a￿ inrtiaHy rewised at transactton price unl888 the arrangement conslilul8s a linan¢iw transac1K￿. bthere the debt instrument is measured al Ihe yesenl value of the fulure payments discwnted at a mwket rate of interest. FinaThial lsabd" rties ¢18ssffied as payable within one year are not amortised. Debt ￿StrUmen1$ are subsequenlty carried at am(xlised cosL using the 8￿tive interest rate Mell￿d. Trade creditors are oblKJalions lo pay for g(x)ds or serwi￿S that have been acquired in the ordinary Course of Operat￿￿5 from suppliers. Amounts payaL4e are clas5tfied as current liatx.lilies if payment is due wlhin one year or less. If not. they are presente¢J as non-currenl liabilit*s. Trade creditors are rècognised initially al Iransaclion price and subseqL• measured al amortwd cosl Il* effeclNe inlwest meth(Kl. Defecognition of financlal Ilabllltles Financial Iiabilits'es are dorecognised when Ihe thwty's cL¥traGtual dJlYJations expire or we discharg&J or cancelled. 1.10 Retirement benefit5 Paymenis lo delined ¢onth"but￿n retirement bwfil schemes arg a5 an expanse as Ihey fall thje. 1.11 Leases Leases are dassified as finan￿ leases vthenever lernis ol Ihe ￿se transfer substsnlialty al the risks and rewards of obvnership lo the lessees. All olher leases a￿ dassiffi&J as operating leases. Assets held under finan￿ leases We récoJnis&Y as assets at rA th8 ass8t5 fair valu6 al the dale of inceplK)n an(J the Pfesenl value of Ihe minimum leas8 pay￿n(S. The rdaled liability is included in the balance sh8el as a finance lèase obl￿21￿)n. Lease paym8nls are Ir8al8d as (onsisting ol caixtal and interest elements. The inlerest is charged lo nel inc<￿elle￿nd￿tUreI for the year so a5 lo produce a c(￿stan1 periodic rate of interesl on the fem3iniThJ balance of Ihe I1￿11ty. Income from donattons and legacies Unrestricted funds 2023 Unrestricted funds 2022 Donations and ￿ft$ Grants receivable 259 23.043 172.810 2.200 23.302 175,010 £172,404 induded wlhin dcwlions in the year is in rela1k￿ to th8 Iransfw of the Irad8, assets and liabilsties from the uninc4yrmy3led Charity N￿h83S1 Disabibties Regourcs Centre. NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Income from charitable a¢ilvltles UnrHtrict•d Unrostricted funds funds 2023 2022 Resource Centre 808.134 444,646 Income from other tradlng activities Unr¢stri¢tsd Unroslrictod fund$ fund5 2023 2022 Hdiday Lcdae WKf)me 21,095 11.832 Income from Inveslments Unre$trlcted Unrestricted funds funds 2023 2022 Interest re￿Vable 39 Othor Incryne Unrestricted Unrestricted funds funds 2023 2022 COVID funding Living wage lunding 2.279 17,771 20.050 NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Exp•ndltur• on raising funds Unrestrlcted Unreslil¢t•d funds funds 2023 2022 Trading costs Hc4iday Lodge eynses DeprBcialKm and impaimenl 16,OS8 3.933 7,354 3,688 19.991 11,042 Expendlturo on eharitable aciivitles Resource Centr• 2023 Resource Centre 2022 Dlrect costs Staff costs Rate5 & walei Insurance Lighl & heal Molof expenses Day centre actS¥ity costs Training 452,333 1,282 5,142 26.768 24,379 4.878 5,285 271,802 1,130 2,582 17,988 32,591 1,512 2,122 s20.1￿7 329,727 Share of Support and governance c05ts1s•• note 9} SuppK Goveinance 211,861 17.269 158.385 14.448 749.197 502.560 Analysis by fund Unreslricled furKJs 749,197 502.560 21 NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Support costs allocated to activities 2023 2022 Staff costs Dep￿CIall0n Telephone, F4)slage & stats'onery Sundriès Bank charge5 Repairs & mainlenarfé Cleaning & laundry Domicilli Rent Governance costs 139.202 2.514 15,811 11.070 32 2.774 2.165 131,881 3,497 13,077 5,351 124 2,312 1.188 955 38.293 17,269 14.448 229,130 172.833 Analysed between: Resource Cenlre, 229,130 172,833 2023 2022 Governance costs cornprlse: Accountancy Legal and professional H¢re purchase inlerest 5,220 11,574 475 4.990 8.806 652 17,269 14.448 10 Trustees None of the tru$loes any persons cmnecied them) re￿I¥&j any remuneration or benefits from the charity during the year. There wer8 no trustee's expen$8s paid for the wM)d 31 Octobef 2023. 11 Employ•es The av8rag8 rnonthly number ol empbyees dumg the yew was: 2023 Numbei 2022 Number IAanagem8nl and adm Resource cenlie 29 Tot81 37 NDRC 22 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 11 Employ••s (Continuodl Employmen¢ ¢o$ts 2023 2022 W&Jes and salaries Sooal wurily costs Other pension costs 551,458 30,743 9334 379,447 19,246 4.990 591.535 403.683 Key manageM￿t pers￿n￿ receNed rBmun8raticffl of £43.12512022." £52.591 }. Th8re were no 8fnpk)yaes wthose annual remunerati￿ was more than £60,(MXI. 12 Other expendlture Unr•$tricted Unrestrlcted fund5 funds 2023 2022 Net loss on di5P05al ol tengbk fix￿1 assets 949 4.466 949 4,466 13 Taxation The ch￿lty is exempi from taxatic￿ ￿ tts acti￿tieS becwse all its Inc￿ 6$ applled for chafitaiAe purposes. 23 NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 14 Tanglbl• flx•d assets Leasehold Fl¥tures and land and flttlng8 Motor hlcle Totsl Cost At 1 November 2022 Disposals 76,088 7,267 9,59) 12,2041 92.945 12,2041 At 31 Odober 2023 76.088 7.267 90.741 Dgpreclalion and impairn*nt Al 1 November 2022 Deprecialbjn chwged in the year Eliminated in resp8¢1 ol thsrty)8als 3.321 3.623 1.667 1.4CLI 2.197 1.424 (S)5) 7,185 6,447 15051 Ai 31 Odober 2023 3.067 3.116 13,127 Carrying amount Al 31 Octobef 2023 69.144 4.2C 4.270 77,614 At 31 October 2022 72.767 7.393 85,760 15 Deblors 2023 2022 Amounts lalling du• wlthln one year. Trade debtLYS Other d8btus Prepayments and accnJed income 21.2Ckf 4.826 34.791 11,377 5.338 23,125 60,823 39,840 16 Finance loase obllgatlon8 FLbture mTrn¥num leas8 payments due und8r finan￿ teases.. 2023 2022 Within rme year Within two and five years 2.206 198 1,925 2,403 2.404 4,328 NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 IT Creditors: amounts falling due within ono year 2023 2022 Notes Obligations under f￿afice leases Other laxalion and s(￿ra1 s6rurity Trade Creditors Other c¥edrtors Acctuals ar￿ delerred 16 4,328 5.373 2,480 1,730 9.587 8,514 744 11,052 46,930 69,644 23,498 18 Unrestrlcted funds Incoming rèsourcès Resources At 31 O¢tob•r •xp¢nded 2023 Novombor 2022 General funds 133.470 852.570 1770,137) 215.903 Previous year: At1 November 2021 In¢omSng resources Resources At 31 October expended 2022 General funds 651.538 151B,W) 133,470 19 Related party transactions There were r*) dw4osatye ￿lat￿l paty IransactiKts the year {2022. none). 20 Cash generated from operations 2023 2022 Surphss for the yBar 82.433 133,470 Adiuslments for.. Inveslmenl income reco￿l$ed in slalement of financa81 *4viUes Loss N disry)sal of tangible fixed assets Depreciation and impaimient of taruitAe fix•J as*ts 139) 949 6,447 4,466 7,185 Movements in workSng ca￿1*. Ilncreasel in debt￿S Increase in ued"rtors {20.983) 48,070 139,8401 19,170 Cash generated from operations 116.877 124,451 25 NDRC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 37 OCT08ER 2023 21 Analysis of chabwjes In nel lurKIs A 114ty4M*•r Catsh At 31 Ociob•r 2022 2023 Cash at bank aTrJ in h*kl 31,368 115.742 147,110 fin￿ *ases 14,328) 1.924 I2.4C￿l 27.040 117.e66 144,7C NDRC CAN YOU HELP US RAISE MONEY? As we celebrate our 60th year in 2024 we will completing various fundraising activities with members. staff and loved ones to raise money for our garden area, Which we hope will become a beautiful setting for our members to enjoy and relax in. If you can help by getting involved and want more info please email InfoQLTndrc.org.uk our watch our facebook page NDRC NDRC NDRC NDRC NDRC 4¥rrèYfd bvifjg y Cthfre rf4* Per54 455i5frt, 4 74eryy EmoS1: info@ndrc.oig.uk Telephone number: 0191565 9206 Webslle.. www.ndrc.org.Ltk Addie55: 4 Valiant Close, Sundedand. SRI 2BS Charlty Number: 1180629