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2025-05-31-accounts

Registered Charity Number 1183436

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION)

REPORT AND ACCOUNTS For the year ending 31 May 2025

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025 TRUSTEES’ REPORT

As the Board of Trustees, we present our report and financial statements for the year to 31 May 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 1183436 Registered Office The Bank, 19-21 Derwent Street, Chopwell, Newcastle upon Tyne NE17 7HU Independent Examiner Mr Pete O’Hara FCA, Chartered Accountant, 26 La Sagesse, Jesmond, Newcastle upon Tyne NE2 3AF

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Documents

Chopwell Regeneration CIO was established as a Charitable Incorporated Organisation (CIO) on 15 May 2019. As a CIO it is governed by its constitution and Articles of Association.

Structure and Governance/ Board of Trustees

The charity currently has a board of 11 non-executive Trustees.

The Trustees of Chopwell Regeneration CIO during the year and to the date of signing this report were as follows:

John Coburn (Chair) Jodie Barwick-Bell (Treasurer) Jacqueline Quincey (Secretary) Barnie Andrews - Appointed 15 March 2025 Mark Bell Adrien Bischoff-Dyson - Appointed 5 June 2025 Reverend Tom Brazier Robert Donaldson Laura Ferrie Stacey Forster Emma Hamilton - Resigned 11 January 2025 Dr Marie Imlach Granville Wright - Resigned 15 November 2024

Recruitment and Appointment of Board of Trustees

In selecting individuals for appointment, the Trustees aim to ensure that the Board has the skills, knowledge and experience needed for the effective administration of the charity and is as diverse and representative of the community in Chopwell as possible.

Trustees are elected to the Board based on discussions and recommendations offered by Trustees and outside advisors to the organisation, as well as through a range of advertising channels.

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025 TRUSTEES’ REPORT

STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)

Trustee Induction and Training

Trustees are provided with a range of resources to support their understanding of Chopwell Regeneration Group’s activities and outlining Trustee duties and responsibilities.

Management

Day-to-day operation of the charity is delegated to the senior management team.

Structure

We continue to be a grassroots community charity and our achievements come from hundreds of people in our village working together because we want to bring about change for the better in Chopwell, a place we are proud to live.

We are a membership organisation with over 200 members. 9 of our 11 Trustees live and / or work in Chopwell and the additional two Trustees are founding Trustees of the organisation who continue to have strong links with Chopwell and bring vital skills to the Board.

OBJECTIVES AND ACTIVITIES

Charitable Purpose, Aims & Objectives

Chopwell Regeneration Group is a community-led organisation.

We are regenerating Chopwell by creating employment & skills-learning opportunities, improving the environment, improving health & well-being, improving education & training, facilitating intergenerational communication, increasing visitors, stimulating growth & improving the look & feel of our village. Given the significant deprivation in our community, we also aim to alleviate immediate need arising from financial hardship, including in particular food poverty. All activity is driven by consultation.

We deliver our work predominantly through two priority projects: The Bank and The Regeneration Shop.

Following a fundraising campaign which raised £250,000, we turned a derelict bank on the high street into a social enterprise cafe, skills development and training hub (‘The Bank’). The Bank opened its doors in 2022.

Then we converted an empty Chopwell building into The Regeneration Shop (‘The Shop’), opened in March 2024. The Shop is a community space supporting people to volunteer together, learn how to repair and upcycle (electricals, clothing and homeware), gain qualifications, minimise spend on new products and reduce waste to landfill.

Strong community engagement is our most fundamental principle which underpins, and is embedded in, everything we do.

More than 750 people now come through our doors every week. 5% of the village (over 200 people) volunteer with CRG. Our work transforms lives. It creates employment and increases social confidence. It grows optimism and aspiration in a village that faces significant socioeconomic hardship.

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TRUSTEES’ REPORT

OBJECTIVES AND ACTIVITIES (CONTINUED)

Charitable Purpose, Aims & Objectives (Cont.)

The principal objects of the charity are:

1) the promotion for the benefit of the public of urban or rural regeneration in areas of social and economic deprivation (and in particular in Chopwell and surrounding area), by all or any of the following means:

2) to develop the capacity and skills of the members of the socially and economically socially disadvantaged community of Chopwell and the surrounding area in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

3) To further or benefit the residents of Chopwell and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

4) The prevention of financial hardship by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

5) The relief of financial hardship among people living or working in Chopwell and surrounding areas by providing such persons with goods and services which they could not otherwise afford through lack of means.

6) To promote sustainable development for the benefit of the public by: (a) the preservation, conservation and the protection of the environment and the prudent use of resources; (b) the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities; (c) the promotion of sustainable means of achieving economic growth and regeneration.

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OBJECTIVES AND ACTIVITIES (CONTINUED)

Charitable Purpose, Aims & Objectives (Cont.)

7) To advance the education of the public in subjects relating to sustainable development and the protection, enhancement and rehabilitation of the environment and to promote study and research in such subjects provided that the useful results of such study are disseminated to the public at large. Sustainable development means “development which meets the needs of the present without compromising the ability of future generations to meet their own needs.”

8) To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. For the purpose of this clause ‘socially excluded’ means being excluded from society, or parts of society, as a result of one of more of the following factors: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment; poor educational or skills attainment; relationship and family breakdown; poor housing (that is housing that does not meet basic habitable standards; crime (either as a victim of crime or as an offender rehabilitating into society).

Public Benefit

The Trustees understand and have discussed the implications of the provisions of the Charities Act 2006, which requires all charities to be able to demonstrate that they are established for public benefit and have had due regard to the public benefit guidance issued by the Charity Commission.

The Trustees believe that the charity meets both of the key principles.

- Principle 1 There must be an identifiable benefit, or benefits

The benefits from our work are enshrined in our objectives to regenerate Chopwell in Gateshead:

- Principle 2 Benefit must be to the public, or a section of the public

Each element of our work is able to provide benefit to the public in general.

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025 TRUSTEES’ REPORT

OBJECTIVES AND ACTIVITIES (CONTINUED)

Reserves Policy

The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission.

The Trustees aim to firstly hold a level of unrestricted Reserves which enables the charity to have sufficient financial resources to meet various liabilities which would crystallise if Chopwell Regeneration’s funding were to be withdrawn and/or it were unable to continue operating.

At present, the Trustees estimate that the Unrestricted Reserves required for such purposes amount to approximately £80,000.

If possible, the Trustees then aspire to retain an additional allowance of £5,000 to £10,000 to enable the charity to respond flexibly to issues or appropriate initiatives which might be identified outside of its annual budgeting process.

The required level of Reserves is therefore in the range of £80,000 to £90,000.

Chopwell Regeneration currently has total Unrestricted Reserves at 31 May 2025 of £172,296 (2024: £137,813).

From this total, the Trustees have previously agreed to designate 3 sums:

At 31 March 2025, the Trustees agreed to create an additional designated fund of £45,000 towards the acquisition of a new premises in Chopwell. The Trustees and Members consider the trial of The Regeneration Shop project has been a success and wish to expand the shop and acquire a permanent location to run it from, as well as additional new social enterprise ventures including a community launderette.

Free Reserves, defined as Unrestricted Funds minus the value of these Designated Funds at 31 May 2025 (£63,888) minus the value of unrestricted Tangible Fixed Assets (£17,943) are £90,465, thereby providing a degree of additional contingency.

The Trustees regularly review specific liabilities at each Board meeting. The Reserves Policy is revisited by the Board annually in the light of progress against budget and is updated at the time of drafting the annual accounts.

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TRUSTEES’ REPORT

OBJECTIVES AND ACTIVITIES (CONTINUED)

Investment Policy

The charity has the power under the Memorandum and Articles of Association to make any investment which the Trustees see fit.

Risk Management

The Trustees of the charity regularly review the major governance, operational and financial risks which the charity faces as part of its annual business planning process and confirm that systems have been established to mitigate these risks.

Chopwell Regeneration has a risk management strategy in place that comprises:

The Trustees are satisfied that appropriate financial systems and controls are in place, together with appropriate employment policies and practices and building-related processes and procedures.

The Trustees consider the key risk facing the charity at this time and the mitigating actions taken to be the financial risks arising if the organisation is unable to attract sufficient funding to supplement the modest earned income the charity is able to generate – to that end the charity maintains strong working relationships with key funders, has secured a number of multi-year funding streams and has a further pipeline of funding bids in progress.

The Trustees also manage the general financial risks by ensuring that:

Summary of the Charity’s Main Achievements During the Year

It has been another successful year for Chopwell Regeneration CIO. As a charity, we have continued to take major steps in our shift from originally being a volunteer-run charity, to a professional organisation with a dynamic team of skilled staff.

Why We Exist

Chopwell is a former mining village in Gateshead with around 3,700 residents. Following decades of decline, residents of Chopwell founded CRG in 2017. We converted to a CIO in May 2019. Until 2021, CRG was an entirely volunteer-run organisation. We now employ 10 part-time members of staff, including an apprentice, who deliver our programmes. All our activity is driven by consultation with the community at public meetings and online.

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ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

Chopwell continues to be an area of acute disadvantage. North Chopwell is in the worst 4% of areas in England for employment & the worst 5.6% for the impact low income has on children (IMD 2019). Overall, our community is placed in the 10.6th percentile for multiple deprivation nationally (IMD 2019). Since the mine closures in 1966, there have been very few employment opportunities here. 27% of adults in Chopwell have no qualifications. The reading age is far below the national average. In the Gateshead Local Index of Need (2022), child poverty was 33% in Chopwell North, & fuel poverty was found in 19% of households.

Aspirations of young people are low. A 2021 consultation found 75% of 64 local young people see no future in Chopwell.

As a semi-rural isolated community, all of these conditions prevent so many young people from thriving - in Chopwell or anywhere else - in later life.

Challenges are intersectional for young people & families. Limited education and training, low confidence and poor mental health, poverty, and an inability to access transport are all interconnected. Many children are carers for parents/siblings.

How We Address This Need

Our work is growing young people’s aspirations at the earliest age. Creating a lasting & long-term difference in our village is at the core of what we want to achieve and are already achieving. We exist to grow the prosperity, pride & dignity felt by all generations of people who live here.

This year we have delivered the following programmes and services to directly meet these needs

a) Food Poverty and the Cost of Living

‘The Bank’ café and community market are open 4 days each week.

We provide:

The Bank is an inclusive and welcoming space: to meet, volunteer, and feel part of the community.

Events and activities that have addressed poverty and the cost of living crisis this year include:

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ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

b) Health and Well-being

The Shop and The Bank have established themselves as safe spaces in our community.

Social prescribing link workers funded by the NHS refer patients to us on a weekly basis. They have told us our services are vital in meeting their priorities (mental & physical health).

Our activities include:

People make friends and learn new things through our vibrant programme of workshops & groups, including socially isolated parents, carers and young people with limited access to social activities. This includes 3 x craft groups, maths group, cooking on a budget classes and a Men's Pie Club for socially isolated men and young dads.

Reducing social isolation is also delivered through intergenerational repair activities at The Shopolder generations working with young people on repairs, including anything from electronics to games consoles to school uniform tailoring, passing on knowledge, and increasing their sense of worth.

"I never used to go out and never saw anybody. Now The Bank is like my second home and I have lots of friends. I feel so much more confident and happy." - CRG volunteer

c) Employment

To help residents towards employability, this year we have delivered apprenticeships, extensive volunteering, and work placements programmes in partnership with the Department of Work and Pensions.

We award AQA certificates to recognise skills development and support people to achieve qualifications such as level 2 food hygiene and PAT testing. We run work-related literacy and numeracy courses for those without Level 2 qualifications.

We offer regular 1-2-1 business support - with organisations including the Millin Charity- to residents considering setting up their own business.

This year on average one person a month, who was either long-term unemployed or had never worked, has moved into employment after a volunteering role or placement with Chopwell Regeneration Group.

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TRUSTEES’ REPORT

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

We have delivered a range of programmes for children and young people including holiday clubs/trips to parks and museums; outdoor activities such as archery with Forestry England, Kids Repair Club (weekly after school workshops teaching a range of skills including mechanics, electronics and sewing); tailoring and fashion show events with Northumbria University design and fashion departments.

To meet the demand from local families and Chopwell Primary School for children unable to access school, in late 2024 we have set up an Alternative Education Programme and are now a recognised Alternative Education Provider through Gateshead Council.

Impact and achievements

Our work is changing lives. An average of 750 people every week, mostly local residents, take advantage of the services we offer. They talk to staff, volunteers and other customers about their lives and the difference The Bank or The Shop is making to them. There are limited facilities in the village, and people are pleased to have a safe and friendly place to go to.

Reducing the impact of poverty and social isolation: We have seen a significant increase in demand for services as food poverty has grown. Through 2024 there was a 700% increase in people using our Community Market, where customers can fill a bag with shopping for £3. Our Pay-it-Forward scheme for donated meals has increased by 50% since April 2023. Between June 2023 and March 2025, we engaged 3,154 people via 405 events & activities.

A high number of socially isolated customers/service users spend most of their day in The Shop/The Bank. Our Christmas Day lunch is always full to capacity. We have learnt that those who most benefit from our services also love to give something back to others, through volunteering or paying it forward when they can afford it.

Improving job skills and employability: We successfully increase employment and employability. Highlights this year include:

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ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

Case Study: 17-year-old Poppy successfully applied for CRG’s first Front of House apprenticeship following a 2-week work experience placement at The Bank.

Poppy is autistic and grew up as a young carer for her parents. She has strong skills in supporting volunteers and was very attentive with customers.

Since starting her apprenticeship Poppy was able to move into her own flat in Chopwell which she pays for herself. During her apprenticeship Poppy learned a range of new skills and as a result said she felt more confident in herself and her abilities.

Poppy thrived in her apprenticeship role and won the prestigious Rising Star Award at the 2024 North East Charity Awards. The award recognises inspirational young people building a career in the charity sector who have shown the greatest commitment and achievement.

Poppy achieved a distinction for her apprenticeship, and following its completion she has moved into full time employment as a Deputy Manager for a large North East charity.

Building works: we successfully raised over £55,000 in funding to replace the roof at The Bank and installed solar panels, and ground floor double-glazing. We are already seeing a considerable saving in energy costs.

Wider Recognition

Our work continues to be acclaimed regionally and nationally.

We won the national Going Green award at the Plunkett Foundation’s 2024 Rural Community Business Awards for our work at The Regeneration Shop.

We have been recognised in both the 2024 and 2025 North East Charity Awards. In 2024 Chopwell Regeneration Group were named Uniquely North East Charity and were also a highly commended finalist in the North East Charity of the Year category. In 2025 we were finalists in the Trustee Board of the Year category.

In 2025 we won the Empowerment Award at the Gateshead Council Learning and Skills Awards.

How we measure success

We employ a raft of evaluation methods to better understand the above impacts throughout each strand of work. Evaluation is designed on a project-by-project basis, blending in-person review, self-reflective participant feedback and digital surveys, and holistic review with referral/link organisations including school, council, NHS and DWP partners. Our staff and trustees are highly experienced with monitoring and evaluation, regularly reporting to funders and organisations including partners across health, employment and education services. We report this impact to our members at public meetings and online on an ongoing basis, and invite their feedback and scrutiny.

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025 TRUSTEES’ REPORT

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

Equity, Diversity and Inclusion

The opening statement of our EDA policy reads:

Chopwell Regeneration CIO welcomes the diversity of communities and recognises everyone has a contribution to make to society and a right to equal treatment and respect. We consider diversity to mean celebrating difference and valuing everyone. Each person is an individual with visible and non-visible differences and by respecting this everyone can feel valued for their contributions which is beneficial not only for the individual but for Chopwell Regeneration CIO too.

The above statement is taken seriously, and applies to all aspects of our work, including staff and volunteer recruitment, volunteering and public programmes. Equally it informs how we target trustee recruitment to ensure we are representative of our community (for example, successful recruitment of trustees with hidden and physical disabilities). Inclusivity is fundamental to what we do. No-one is ever turned away.

Following the widespread public riots in Summer 2024, we used print and digital communications to actively promote The Bank and The Shop as places where all are welcome, regardless of background, ethnicity, beliefs or needs.

Several of our volunteers are neuro-divergent, but come back week after week because they find the environment non-threatening. An increasing number are from overseas, and volunteering is their way of getting to know and be part of the community. Some have needs including lack of social skills, poor numeracy or literacy, and these are helped individually, by staff or other volunteers. Some require significant support and reassurance from staff to help build their confidence.

Many of our activities include opportunities specifically designed for those with mental health needs. These have included our award-winning Men’s Pie Club group as well as Cooking on a Budget.

Our new Alternative Education Programme will also address the kind of issues that isolate and trouble young people, many of whom are registered with a neurodivergence and/or mental health need, or are waiting assessment.

Partnerships

Partnerships have been crucial to CRG’s success. We are well placed to deliver our work through strong and trusted partners locally and regionally across the third sector, and health, education and employment sectors.

From the beginning we have been supported by Gateshead Council, who lease The Bank to us rent-free, have provided support and good advice throughout the Bank’s renovation phase, and who are part funding our apprenticeships programme.

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ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

In addition, we work closely with local organisations to share information and resources and deliver projects collaboratively. Examples include: working with two local doctors surgeries’ Social Prescribing teams who direct patients to The Bank and The Shop if they are lonely and would benefit from activities such as the mental health drop-in sessions, or from volunteering in the café, or sharing their skills or learning new ones in the Shop. We collaborate with Chopwell Primary School, including to support the development of our new Alternative Education programme, to provide appropriate learning activities for children with particular needs.

Other partnership examples include:

In addition, this year we collaborated with over 15 groups across the village to plan events to mark the centenary of the Chopwell 1925 Miners’ Lockout (which preceded the National Strike the following year). A wide range of activities took place, including a community lunch, brass band concerts, a memorial garden, a specially written play and various talks and photographic displays.

Trustees

9 of our 11 Trustees live or work in Chopwell & represent a wide range of lived and professional experience. Trustees include a partner in a large accountancy firm, a carer, a parent of neurodivergent children, a GP (our safeguarding lead), a local clergyman, an arts consultant and a retired deputy headteacher.

Trustees have a strong track record in the delivery of funded community programmes.

Half of our Trustees have been involved since CRG started working towards the development of The Bank, using their expertise in grant applications, community fundraising, and supervising the renovation works.

We are proud to have as Trustees residents who bring local expertise but have limited or no relevant governance experience. Typically, these Trustees stay with us for 1-3 years, developing their skills and experience of charity governance, and support us to identify and involve other residents as trustees when they step down. Several current Trustees were introduced to CRG via their work as volunteers or attendance at events. All the current Trustees have an active role in our strategic planning across an ever-widening range of activities and partnerships in the village.

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025 TRUSTEES’ REPORT

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

Staff

Wherever possible, we prioritise the recruitment of Chopwell residents and guarantee an interview for any Chopwell residents who meet the essential job criteria. 9 of our 10 staff live in Chopwell or in a neighbouring Gateshead borough.

Our staff team includes 1 x apprentice, Café and Events Manager, Operations and Admin Assistant, Chef, Senior Programmes Manager, Senior Finance and Commercial Manager, Cleaner, Regeneration Shop Manager and Deputy Café Manager. Their community engagement skills are exceptional, and they are all known and trusted by residents who access our services.

Case Study: Hal, Regeneration Shop Manager

Hal was a volunteer at The Bank. He is now manager of The Regeneration Shop.

Hal is Chopwell born and bred, having worked in a range of different jobs including most recently as a call handler for the NHS. He worked night shifts up to 60 hours p/w, helping people through stressful scenarios and listening to them at some of their most vulnerable times.

This took a toll on his mental health and he was forced to leave his job, “looking back I was seriously, seriously depressed”. He was unemployed and volunteering with us when we encouraged him to apply for the role.

Appointing Hal into this role to run a brand new project, with no experience of running a shop or working in the charity sector, was a risk for CRG. However, through the interview process the board and staff leadership team saw he had the right skills for the role, and knew how good he would be at getting other local people involved at the Shop. We have given him the support to grow into the manager role and he is performing very well. Much of the success and impact the Shop is having comes from what Hal has built. CRG has enabled Hal to change his life- and he in turn has supported others through his employment with us.

Volunteers

We are delighted with the continued volunteering support we have had from within our community with over 200 volunteers taking part in various activities throughout the year. This is over 5% of the people in our community who now volunteer with us.

Volunteers typically range from:

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025

TRUSTEES’ REPORT

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

Support received

We are hugely grateful to the grant funders and organisations who have supported us this year including:

We are also very grateful to the hundreds of local people in our community who have donated and got involved in our fundraising activities.

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MAY 2025 TRUSTEES’ REPORT

ACHIEVEMENTS AND PERFORMANCE (CONTINUED)

Summary of the Charity’s Main Achievements During the Year (Cont.)

Financial Review

Our income has continued to be predominantly generated from grants, donations and fundraising. Our trading income from the café has increased as has our rental income from renting out the office spaces upstairs at The Bank. We have also increased trading at The Regeneration Shop which opened in March 2024. The Trustees are pleased with the level of income generated, which has overall steadily increased over the course of the year.

All expenditure incurred meets our objectives.

The outturn for the year is an unrestricted surplus of £34,483 (2024: Deficit of 22,238), leaving Unrestricted Funds at 31 May 2025 of £172,296 (2024: £137,813).

FUTURE PLANS

As well as continuing and enhancing our existing services at The Bank, the Trustees and staff also plan to focus on:

Many of these activities are dependent on fundraising which will continue to be a very important responsibility of the Board of CRG.

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TRUSTEES’ REPORT

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees are responsible for managing the business of the charity and may exercise all the powers of the charity unless restricted by the Charities Act or the constitution of the charity.

The Trustees are responsible for the preparation of the financial statements for each financial year which show a true and fair view of the state of affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year.

In preparation of the financial statements the Trustees should follow best practice and:

  1. Select suitable accounting policies and apply them.

  2. Make judgements and exercises that are reasonable and prudent.

  3. Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue on that basis.

The Trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity.

The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

DECLARATIONS

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005 by the Charities Commission England and Wales).

This report was approved by the Board of Trustees on 22 November 2025 and signed on its behalf by:

Jodie Barwick-Bell Trustee/Treasurer Chopwell Regeneration CIO

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INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF CHOPWELL REGENERATION CIO FOR THE YEAR ENDED 31 MAY 2025

I hereby report to the Trustees/Members of Chopwell Regeneration CIO (Charity Registration Number 1186728) on the accounts for the year ended 31 May 2025 set out on pages 19 to 34.

Responsibilities and Basis of Report

As the charity’s Trustees (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts 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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner’s Statement

Since the charity’s gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods or principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Pete O’Hara, FCA, Chartered Accountant

Fellow of the Institute of Chartered Accountants in England & Wales

26 La Sagesse, Jesmond, Newcastle upon Tyne NE2 3AF

22 November 2025

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF FINANCIAL ACTIVITIES YEAR TO 31 MAY 2025

Note
Income
Interest from Investments
3
Income from Charitable Activities
4
Income from Grants, Donations &
Legacies
5
Expenditure
Expenditure on Charitable Activities
6
Total Expenditure
Net Income/(Expenditure)
7
Balance brought forward
Balance carried forward
13		 Unrestricted
Funds
Restricted
Funds
Total
2025
Total
2024
£
£
£
£
2,297
-
2,297
204
92,143
-
92,143
62,898
40,107
280,302
320,409
216,615
134,547
280,302
414,849
279,717
100,064
218,666
318,730
276,824
100,064
218,666
318,730
276,824
34,483
61,636
96,119
2,893
137,813
231,045
368,858
365,965
£172,296
£292,681
£464,977
£368,858

The notes on pages 21 to 34 form part of the financial statements.

There are no recognised gains and losses during the year other than as shown above.

All the activities for the year are continuing activities.

19

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF FINANCIAL POSITION/BALANCE SHEET At 31 MAY 2025

Notes
Fixed Assets
Tangible Fixed Assets
9
Current Assets
Stocks
10
Debtors
11
Cash at Bank and In Hand
Creditors:
Amounts Falling Due Within 1 Year
12
Net Current Assets
Total Net Assets
Represented By:
Unrestricted Funds - General
13,14
Unrestricted Funds - Designated
13,14
Restricted Funds
14,15		 2025
£
2024
£
218,998
177,297
230
241
5,370
4,295
248,805
193,707
254,405
198,243
(8,426)
(6,682)
245,979
191,561
£464,977
£368,858
108,408
110,235
63,888
27,578
172,296
137,813
292,681
231,045
£464,977
£368,858

The notes on pages 21 to 34 form part of the financial statements.

The financial statements were approved by the Board, and authorised for issue, on 22 November 2025 and signed on its behalf by:

Jodie Barwick-Bell Trustee/Treasurer

20

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

1. Accounting Policies

Charity Information

Chopwell Regeneration CIO is a Charitable Incorporated Organisation. The registered office is The Bank, 19-21 Derwent Street, Chopwell, Newcastle upon Tyne NE17 7HU.

The charity is a public benefit entity.

Basis of Accounting

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Statement of Recommended Practice (Charities SORP FRS 102) "Accounting and Reporting by Charities" and the Charities Act 2011.

The financial statements have been prepared on the historical cost basis, modified to include certain financial instruments at fair value.

Advantage has been taken of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a statement of cashflows.

The financial statements are prepared in sterling, which is the functional currency of the charity.

Income

All income, including grant income, is included in the Statement of Financial Activities (SOFA), net of VAT, when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Such income is only deferred when the donor or funder has specified that the grant or donation can only be used in future accounting years or where the donor or funder has imposed conditions which must be met before the charity has unconditional entitlement.

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

Income from Investments

Interest receivable on fixed interest securities and bank deposits is included on an accruals basis.

Expenditure

All expenditure is accounted for on an accruals basis and is recognised when a liability is incurred.

21

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

1. Accounting Policies (Cont.)

Expenditure (Cont.)

Irrecoverable VAT

All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

Operating Leases

The charity classifies the lease of certain printing equipment as operating leases as the title to the equipment remains with the lessor. Rental charges are charged against income on a straight-line basis over the year of the lease.

Tangible Fixed Assets and Depreciation

Depreciation is provided on the fixed assets at rates calculated to write off the assets over their remaining useful lives as follows:

Leasehold Improvements - over the length of the lease
Office & ICT Equipment - over 3 years
Fixtures & Fittings - over 5 years

A full year’s depreciation charge is applied in the year of acquisition and no charge is made in the year of disposal.

Impairment of Fixed Assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and Cash Equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Fund Accounting

The charity has a number of restricted income funds to account for situations in which a funder requires that a grant must be spent on a particular purpose or where funds have been raised for a specific purpose. The aim and use of each restricted fund is set out in Note 13 to the financial statements.

All other funds are considered Unrestricted Funds and are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.

22

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

1. Accounting Policies (Cont.)

Taxation

Chopwell Regeneration CIO is a registered charity and, as such, is not liable to taxation on its income in the current year.

Pensions

Chopwell Regeneration contributes to a defined contribution pension scheme. Further details can be found in Note 8.

For the defined contribution scheme, the amount charged to the Statement of Financial Activities in respect of pension costs is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

Financial Instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues’ of FRS102 to all its financial instruments.

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. Going Concern

The Trustees believe that it is appropriate for the financial statements to be drawn up on a going concern basis.

3. Income from Investments

Bank Interest Receivable Unrestricted
Funds
Restricted
Funds
2025
2024
£
£
£
£
2,297
-
2,297
204
£2,297
£-
£2,297
£204

The 2024 total of £204 related wholly to Unrestricted Funds.

23

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

4. Income from Charitable Activities

Cafe Income
Catering & Event Income
Community Market Income
PIF Income
Rental Income
Shop Income
Training & Education Income
Other Revenue		 Unrestricted
Funds
Restricted
Funds
2025
2024
£
£
£
£
38,680
-
38,680
32,891
625
-
625
3,078
2,371
-
2,371
2,524
2,171
2,171
1,951
24,981
-
24,981
20,542
6,288
-
6,288
-
9,498
-
9,498
1,221
7,529
-
7,529
691
£92,143
£-
£92,143
£62,898

The 2024 total of £62,898 related wholly to Unrestricted Funds.

5. Income from Grants, Donations & Legacies

Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
Grant Income
1989 Willan Trust via Community - 10,000 10,000 -
Foundation North East (CF)
Akzo Nobel International Paint Fund / - 10,000 10,000 -
Dickon Trust Fund / Winter Family
Fund via CF
Ballinger Charitable Trust 15,000 - 15,000 15,000
Barbour Foundation - Shop - - - 10,000
Bernard Sunley Foundation - 5,000 5,000 -
Catherine Cookson Foundation - - - 5,000
Community Foundation – Travel - - - 438
Connected Voice - 3,380 3,380 -
County Durham CF (Boundary Lane
Wind Farm)		 - - - 5,000
Garfield Weston Foundation - - - 25,000
Gateshead Council - Easter Half - 683 683 -
Term Activities
Gateshead Council - Food Network - 4,985 4,985 -
Gateshead Council - Holiday Fund - - - 4,210
Gateshead Council - Household - 3,570 3,570 -
Support Fund
Gateshead Council - Small Grants - - - 3,360
Gateshead Council - VCSE Multiply - 5,000 5,000 800
Gateshead Council – VCSE Fund via - 30,000 30,000 -
CF
Groundwork VCSE - 27,451 27,451 -
Guy Readman Fund via CF - - - 10,000

Continued overleaf…

24

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

5. Income from Grants, Donations & Legacies (Cont.)

Hadrian Trust
Henry Smith Charity
Hospital of God
Joicey Trust
Karbon Homes
Lennox Hannay Charitable Trust
Linden Family Fund via CF
National Lottery Awards for All
England
The National Lottery Community Fund
- RC North East and Cumbria Region
NHS - Thriving in Chopwell
Platten Family Fund via CF
Reed Family Fund via CF
Rothley Trust
Royal Countryside Fund
Samares Jersey (Sir James Knott)
Tesco Community Foundation
TK Maxx and Homesense Foundation
Tudor Trust
UK Shared Prosperity Fund via CF
Virgin Money Foundation
William Leech Foundation
Donations
British Engines Community Fund
Crowdfunding/Donations
Gift Aid		 Unrestricted
Funds
Restricted
Funds
2025
2024
£
£
£
£
1,000
-
1,000
-
-
70,000
70,000
-
-
-
-
1,000
-
2,000
2,000
-
-
1,500
1,500
-
-
-
-
1,500
-
-
-
5,000
-
19,400
19,400
-
-
33,333
33,333
33,333
-
-
-
8,150
-
10,000
10,000
10,000
-
-
-
2,000
-
-
-
1,250
-
12,500
12,500
12,500
-
15,000
15,000
15,000
-
1,000
1,000
-
-
500
500
-
19,067
-
19,067
12,700
-
-
-
10,000
-
15,000
15,000
15,000
-
-
-
4,850
35,067
280,302
315,369
211,091
-
-
-
500
4,037
-
4,037
3,946
1,003
-
1,003
1,078
5,040
-
5,040
5,524
£40,107
£280,302
£320,409
£216,615

Of the 2024 total of £216,615, £46,024 related to Unrestricted Funds and £170,591 to Restricted Funds.

25

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

6. Expenditure on Charitable Activities

Direct Costs
Advertising & Marketing
Café & Ingredient Costs
Shop Costs
Event Costs
Non-Capital Equipment
Salaries & On Costs
Other Activity Fees & Expenses
Support Costs
Depreciation
Insurance
Rent
Repairs & Maintenance
Telephone, ICT & Website Costs
Utilities
Other Overhead Costs
Governance Costs
Accountancy, Book-keeping,
Independent Examination & Payroll		 Unrestricted
Funds
Restricted
Funds
2025
2024
£
£
£
£
(725)
780
55
6,483
2,975
12,681
15,656
18,761
2,489
1,319
3,808
992
454
112
566
359
188
-
188
3,568
56,612
169,973
226,585
175,452
1,453
16,049
17,502
10,662
1,445
13,808
15,253
17,993
2,453
-
2,453
1,487
4,750
-
4,750
1,900
9,386
-
9,386
5,256
3,371
342
3,713
5,385
7,404
-
7,404
9,767
6,550
2,402
8,952
13,227
1,259
1,200
2,459
5,532
£100,064
£218,666
£318,730
£276,824

Of the 2024 total of £276,824, £131,364 related to Unrestricted Funds and £145,460 to Restricted Funds.

7. Net Income/(Expenditure)

2025 2024
£ £
Net income/(expenditure) is stated after charging/(crediting):
Independent Examiner - Examination Fees 1,100 1,100
Depreciation of Owned Fixed Assets 15,253 17,993

26

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

8. Staff Costs

Gross Salary Costs
Employer’s National Insurance
Employer’s Pension Contributions
The average monthly number of staff employed during the year was
as follows:
Operations and Management
Apprentices		 2025
2024
£
£
202,442
166,757
16,190
5,914
7,953
2,781
£226,585
£175,452
2025
No.
2024
No.
7
6
2
2

No employees received remuneration in excess of £60,000 in the year (2024: None).

The total paid to Key Management Personnel, defined as the members of the Management Team, was £121,233 (2024: £112,026).

No remuneration was paid to or waived by Trustees/Directors in the year (2024: £Nil).

No expenses were reimbursed to Trustees (2024: £Nil) in respect of their attendance at meetings of the charity.

In the year to 31 May 2025, £344 was reimbursed to 2 Trustees for horticultural items in relation to our Brightening Chopwell project. In the year to 31 May 2024, £65 was reimbursed to a Trustee for mileage expenses for food collections and deliveries as a volunteer.

9. Pension Scheme

Pension benefits are provided through a Group Personal Pension Scheme, which is a defined contribution scheme. The assets of the scheme are held separately from those of the company in a separately administered fund. In the year to 31 May 2025 Chopwell Regeneration made an employer's contribution of 3% of pensionable pay, provided that the employee makes a minimum contribution of 5%.

These amounts are paid over to the scheme on a monthly basis.

No contributions were outstanding at 31 May 2025 (2024: £Nil).

27

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

10. Tangible Fixed Assets

Cost
At 1 June 2024
Additions in year
At 31 May 2025
Accumulated Depreciation
At 1 June 2024
Charge for year
At 31 May 2025
Net Book Value
At 31 May 2025
At 1 June 2024
Cost
At 1 June 2024
Additions in year
At 31 May 2025
Accumulated Depreciation
At 1 June 2024
Charge for year
At 31 May 2025
Net Book Value
At 31 May 2025
At 1 June 2024		 Leasehold
Improvements
£
Fixtures &
Fittings
£
IT &
Office
Equipment
£
174,949
9,022
12,511
55,704
-
750
230,653
9,022
13,261
14,615
5,492
12,317
6,711
1,705
444
21,326
7,197
12,761
£209,327
£1,825
£500
£160,334
£3,530
£194
Repair Shop
Fixtures &
Fittings
Kitchen
Equipment
£
Total
Fixed
Assets
£
3,454
25,947
225,883
-
500
56,954
3,454
26,447
282,837
691
15,471
48,586
691
5,702
15,253
1,382
21,173
63,839
£2,072
£5,274
£218,998
£2,763
£10,476
£177,297

28

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

11.
Stock
Café Stocks for Resale
12.
Debtors
Trade Debtors
Prepayments
Accrued Income
Other Debtors
13.
Creditors - Amounts Falling Due Within One Year
Trade Creditors
Other Taxes & Social Security Costs – PAYE/NI
Other Taxes & Social Security Costs – VAT
Accruals
14.
Analysis of Net Assets between Funds
Unrestricted
Funds
Restricted
Funds
£
£
Fixed Assets
17,943
201,055
Stocks
230
-
Debtors
5,370
-
Cash at Bank and In Hand
156,861
91,944
Creditors – Due Within 1 Year
(8,108)
(318)
£172,296
£292,681		 11.
Stock
Café Stocks for Resale
12.
Debtors
Trade Debtors
Prepayments
Accrued Income
Other Debtors
13.
Creditors - Amounts Falling Due Within One Year
Trade Creditors
Other Taxes & Social Security Costs – PAYE/NI
Other Taxes & Social Security Costs – VAT
Accruals
14.
Analysis of Net Assets between Funds
Unrestricted
Funds
Restricted
Funds
£
£
Fixed Assets
17,943
201,055
Stocks
230
-
Debtors
5,370
-
Cash at Bank and In Hand
156,861
91,944
Creditors – Due Within 1 Year
(8,108)
(318)
£172,296
£292,681		 2025
2024
£
£
230
241
£230
£241
2025
2024
£
£
2,514
226
1,503
2,657
1,003
1,062
350
350
£5,370
£4,295
2025
2024
£
£
3,283
2,364
2,257
2,247
1,340
71
1,546
2,000
£8,426
£6,682
2025
2024
£
£
218,998
177,297
230
241
5,370
4,295
248,805
193,707
(8,426)
(6,682)
£172,296
£292,681		 £464,977
£368,858

29

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

15. Analysis of Charitable Funds

A number of grants set out below related to the development and fitting out/equipping of The Bank have been received and fully spent in cash terms, but the required accounting treatment releases the grant over the period of the useful life of the associated assets, matching the annual depreciation on the equipment/building costs.

Unrestricted Funds
Unrestricted General Fund
Designated Fund – New Property
Designated Fund – Roof
replacement/Solar Panels
Designated Fund - Upcycling/Repair
Shop
Designated Fund - Brightening Chopwell
Total Unrestricted Funds
Restricted Funds
1989 Willan Trust via Community
Foundation North East (CF)
Akzo Nobel International Paint Fund /
Dickon Trust Fund / Winter Family Fund
via CF
Barbour Foundation – Building
Barbour Foundation – Shop
Bernard Sunley Foundation - Building
Development
Bernard Sunley Foundation - Training
Kitchen
Bernard Sunley Foundation - Roof
Carolyn & Tony Brookes Fund via CF
Catherine Cookson Foundation
Connected Voice
Co-op Local Community Fund
County Durham Community Foundation
(Boundary Lane Wind Farm)
Garfield Weston Foundation
Gateshead Council - Easter Half Term 25
Gateshead Council - Food Network
Creation
Gateshead Council - Household Support
Fund
Gateshead Council - VCSE Multiply
Gateshead Council VCSE Fund via CF
GMBC VCSE - IT & Digital Support
Groundwork VCSE
Guy Readman Fund via CF
Henry Smith Charity
Hilden Charitable Fund		 Fund at 1
June 2024
£
Income for
Year
£
Expenditure
for Year
£
Fund at 31
May 2025
£
110,235
89,547
(91,374)
108,408
-
45,000
-
45,000
5,000
-
(5,000)
-
2,578
-
(2,578)
-
20,000
-
(1,112)
18,888
137,813
134,547
(100,064)
172,296
-
10,000
(5,546)
4,454
-
10,000
-
10,000
2,391
-
(878)
1,513
10,000
-
(10,000)
-
9,286
-
(238)
9,048
7,029
-
(2,534)
4,495
-
5,000
(156)
4,844
1,500
-
(500)
1,000
5,000
-
(156)
4,844
-
3,380
(2,880)
500
230
-
(190)
40
5,000
-
(156)
4,844
23,215
-
(595)
22,620
-
683
(683)
-
-
4,985
(4,985)
-
-
3,570
(3,570)
-
-
5,000
(5,000)
-
-
30,000
(2,416)
27,584
1,081
-
(53)
1,028
-
27,451
(858)
26,593
10,000
-
(313)
9,687
-
70,000
(60,152)
9,848
1,414
-
(1,082)
332

Continued overleaf…

30

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

15. Analysis of Charitable Funds (Cont.)

Restricted Funds (Cont.)
Joicey Trust
Karbon Homes
Lennox Hannay Charitable Trust
National Gardens Scheme
National Lottery Awards for All England
2025
National Lottery Awards for All England
2024
The National Lottery Community Fund
- RC North East and Cumbria Region
The National Lottery Community Fund
- RC North East and Cumbria Region
NHS - Thriving in Chopwell
North East LEP
Platten Family Fund via CF
Rothley Trust (2024)
Rothley Trust (2025)
Royal Countryside Fund
Samares Jersey (Sir James Knott)
Tesco Community Fund
TK Maxx and Homesense Foundation
UK Shared Prosperity Fund via CF
Virgin Money Foundation
William Leech Foundation
Total Restricted Funds
Total Funds		 Fund at 1
June 2024
£
Income for
Year
£
Expenditure
for Year
£
Fund at 31
May 2025
£
-
2,000
(63)
1,937
-
1,500
-
1,500
1,500
-
(1,500)
-
2,951
-
(753)
2,198
-
19,400
(8,152)
11,248
2,556
-
(589)
1,967
27,429
-
(857)
26,572
-
33,333
(33,333)
-
7,076
-
(7,076)
-
89,124
-
(2,785)
86,339
10,000
10,000
(11,259)
8,741
540
-
(320)
220
1,250
-
(39)
1,211
-
12,500
(12,500)
-
-
15,000
(9,538)
5,462
-
1,000
(1,000)
-
-
500
(500)
-
7,623
-
(5,611)
2,012
-
15,000
(15,000)
-
4,850
-
(4,850)
-
231,045
280,302
(218,666)
292,681
£368,858
£414,849
£(318,730)
£464,977

Name of Designated Fund

Description, Nature & Purpose of the Designated Fund

Roof and Solar Panels

To replace roof and install solar panels

Upcycling/Repair Shop

To open a new charity upcycling and repair shop

Brightening Chopwell

New Property

To work with our community to make Chopwell brighter, cheerful and brilliant

To acquire a new community building to relocate The Regeneration Shop to and commence new initiatives

Name of Restricted Fund

Description, Nature & Purpose of the Restricted Fund

1989 Willan Trust via CF

Towards the cost of the Regeneration Shop

Akzo Nobel International Paint Fund/Dickon Trust Fund /Winter Family Fund via CF

Towards the cost of the Regeneration Shop

31

CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

15. Analysis of Charitable Funds (Cont.)

Name of Restricted Fund Description, Nature & Purpose of the Restricted Fund
Barbour Foundation - Building Towards the costs of fitting out and equipping the building
Barbour Foundation - Shop Towards the costs of fitting out and equipping a Repair & Re-
Use shop
Bernard Sunley - Building Towards development of ‘The Bank’ building
Bernard Sunley - Kitchen Towards the costs of a training kitchen and food preparation
Bernard Sunley - Roof Towards the cost of replacing the roof
Carolyn & Tony Brookes Fund via CF Towards the costs of fitting out and equipping the building
Catherine Cookson Foundation Towards a replacement roof, solar panels and double glazing
Connected Voice Towards the cost of digital inclusion work
Co-operative Community Fund Towards the costs of furniture, allotments and community
fridge costs
County Durham CF (EDF Renewables Towards roof works and double glazing
- Boundary Lane Wind Farm)
Garfield Weston Foundation Towards development of ‘The Bank’ building, transforming
lives in Chopwell
Gateshead Council - Easter Half Term Towards the cost of an Easter school holidays activities
25 programme
Gateshead Council - Food Network Towards the cost of creating a Food Network
Creation
Gateshead Council - Household Towards the cost of providing a range of support and
Support Fund activities for people from disadvantaged communities
Gateshead Council - VCSE Multiply Towards a mathematics programme
Gateshead Council VCSE - IT & Towards the costs of IT & Digital Support
Digital Support
Gateshead Council via CF Towards the cost of The Regeneration Shop
Groundworks VCSE Towards the cost of introducing a range of energy efficiency
measure, including solar panels
Guy Readman Fund via CF Towards installation of solar panels at ‘The Bank’
Henry Smith Charity Towards the cost of providing a range of support and
activities for people from disadvantaged communities

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

15. Analysis of Charitable Funds (Cont.)

Name of Restricted Fund

Description, Nature & Purpose of the Restricted Fund

Hilden Charitable Fund

Towards the costs of a training kitchen and food preparation

Joicey Trust Towards the cost of providing a range of support and activities for people from disadvantaged communities

Karbon Homes

Towards the cost of The Regeneration Shop

Lennox Hannay Charitable Trust

Towards the cost of The Regeneration Shop

National Gardens Scheme

Towards the costs of improving an outside area

National Lottery Awards for All Towards the cost of learning new skills in Chopwell England 2025 National Lottery Awards for All Towards running costs and provision of a shed and England 2024 shelving

The National Lottery Community Fund Towards the cost of core running costs - RC North East and Cumbria Region

The National Lottery Community Fund Towards development of ‘The Bank’ building - RC North East and Cumbria Region

NHS - Thriving in Chopwell

Towards improving mental health activities in Chopwell

North East LEP Towards development of ‘The Bank’ building Platten Family Fund via CF Towards supporting young people and adults from rural

Towards supporting young people and adults from rural Gateshead to gain accredited qualifications to pursue STEM employment

Rothley Trust (2024) Towards the costs of equipping a meeting room Rothley Trust (2025) Towards the replacement of café windows Royal Countryside Fund Towards the costs of employing two apprentices over two years

Samares Jersey - Sir James Knott Towards the running costs of The Bank Jersey Trust Tesco Community Fund Towards brightening up Chopwell

TK Maxx and Homesense Foundation Towards the cost of core running costs UK Shared Prosperity Fund via CF Towards a Chopwell village repair and reuse shop Virgin Money Foundation Towards core running costs William Leech Foundation Towards the cost of the Regeneration Shop

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CHOPWELL REGENERATION CIO (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE ACCOUNTS At 31 MAY 2025

16. Related Party Transactions

Details of Trustees’ remuneration and expenses are disclosed in Note 8.

In addition, a tenant of The Bank is connected to Trustees as follows:

All rent for this tenant was agreed at arm’s length and is at the standard market rate.

During the year, Chopwell Regeneration Group supplied alternative education services to a child of Trustee John Coburn. These services were fully funded by Gateshead Council and formed part of that child’s wider Education Other Than At School (EOTAS) package funded by the Council.

There were no other transactions in the year with related parties, such as are required to be disclosed. (2024: None)

17. Financial Commitments

No material financial commitments have been made in respect of future financial years.

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