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|Trustees|||RD Leech||||
|---|---|---|---|---|---|---|
||||AC Gifford||||
||||Mr DA Stabler||||
||||BWallace||||
||||DA Wilkinson||||
|Charity|number||1186957||||
|Principal||address|cfo Robson Laidler Accountants|||Ltd|
||||Fernwood|House|||
||||Fernwood|Road|||
||||Jesmond||||
||||Newcastle|upon Tyne|||
||||NE2 1TJ||||
|Auditor|||Robson Laidler Accountants||Limited||
||||Statutory Auditor||||
||||Fernwood|House|||
||||Fernwood|Road|||
||||Jesmond||||
||||Newcastle|upon Tyne|||
||||NE2 1TJ||||
|Solicitors|||Muckles LLP||||
||||Time Central||||
||||32 Gallowgate||||
||||Newcastle|upon Tyne|||
||||NE1 ABF||||
|Investment||managers|Investec Wealth and Investment|||Limited|
||||2 Gresham|Street|||
||||London||||
||||EC2V 7QN||||
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|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Independent
auditor's|report|5-7|
|Statement
of financial|activities|8-9|
|Balance sheet||10|
|Statement
ofcash flows|||
|Notes to the financial|statements|12-19|
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|Current
financi|al|year||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Total|Total|
|||||funds|funds|||
|||||general|Lady Leech|||
|||||2022|2022|2022|2021|
||||Notes|6|6|8|6|
|lnamudtgm;||||||||
|Donations
and legacies|||2||||18,271,147|
|Investments|||3|425,815|73,921|499,736|487,235|
|Total Income||||425,815|73,921|499,736|18,758,382|
|~tglttIIItttg~n:||||||||
|Raising funds|||4|121,239|14,183|135,422|109,421|
|Charitable
activities|||6|187,113|13,000|200,113|687,306|
|Total resources|expended|||308,352|27,183|335,535|796,727|
|Net gainer((oases)||on investments||837,241|251,082|1,088,323|3,400,634|
|Net movement|In|funds||954,704|297,820|1,252,524|21,362,289|
|Fund balances|at 1 April 2021|||18,359,917|3,002,372|21,362,289||
|Fund balances|at|31 March 2022||19,314,621|3,300,192|22,614,813|21,362,289|
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|Prior financial|yea|r|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Total|
|||||funds|funds||
|||||general|Lady Leech||
|||||2021|2021|2021|
||||Notes|6|6|9|
|~ltgg1rrttK|||||||
|Donations
and|legacies||2|15,808,746|2,462,401|18,271,147|
|Investments|||3|416,082|71,153|487,235|
|Total income||||16,224,828|2,533,554|18,758,382|
|Kttttttttftlttttttgtt;|||||||
|Raising funds||||93,447|15,974|109,421|
|Charitable
activities||||627,99B|59,310|687,308|
|Total resources expended||||721,443|75,284|796,727|
|Net gains/(losses)||on investments||2,856,532|544,102|3,400,634|
|Net movement|in|funds||18,359,917|3,002,372|21,362,289|
|Fund balances|at 16December 2019||||||
|Fund balances|at|31 March 2021||18,359,917|3,002,372|21,362,289|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Notes||f|
|Fixed assets||||||||
|Investment|properties||||9|609,729|598,680|
|Investments|||||10|20,540,732|18,963,681|
|||||||21,150,461|19,562,361|
|Current assets||||||||
|Debtors||||||415,593|541,583|
|Cash at bank||and in|hand|||1,081,389|1,285,479|
|||||||1,496,982|1,827,062|
|Creditors:|amounts||falling|due within||||
|one year|||||12|(32,630)|(27,134)|
|Net current|assets|||||1,464,352|1,799,928|
|Total assets||less current||liabilities||22,614,813|21,362,289|
|Income funds||||||||
|Unrestricted||funds -|Lady Leech|||3,300,192|3,002,372|
|Unrestricted||funds - general||||19,314,621|18,359,917|
|||||||22,614,813|21,362,289|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||f||
|Cash flows from operating|||activities||||||
|Cash absorbed
by operations||||16||(204,050)||(795,873)|
|Investing|activities||||||||
|Proceeds|on disposal of investment||||||||
|property|||||95,000||||
|Cash transferred
from old charity|||||||982,814||
|Purchase|ofother investments||||(4,557,968)||(2,867,880)||
|Proceeds|on disposal ofother investments||||3,963,192||3,479,163||
|Investment|income received||||499,736||487,235||
|Net cash|(used in)/generated||from||||||
|Investing|activities|||||(40)||2,081,352|
|Net cash|used in financing||activities||||||
|Net (decrease)/Increase
In||cash and||cash|||||
|equivalents||||||(204,090)||1,285,479|
|Cash and|cash equivalents|at beginning||ofyear||1,285,479|||
|Cash and|cash equivalents||at end of|year||1,081,389||1,285,479|
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||||Total|Total|
|---|---|---|---|---|
||||2022|2021|
|||||f|
|Donations|and|gifts||18,271,147|
##
||Unrestricted|Unrestricted|Total|Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||general|Lady Leech||general|Lady Leech||
||2022|2022|2022|2021|2021|2021|
||f|f|f|f|||
|Rental income|37,682||37,682|41,869||41,869|
|Income from listed|||||||
|investments|388,062|73,918|461,978|373,531|71,149|444,680|
|Interest receivable|71|5|76|682|4|686|
||425,815|73,921|499,738|416,082|71,153|487,235|
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|||||||Unrestricted|Unrestricted|Unrestricted|Total|Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds||funds|funds||
|||||||general||Lady Leech||general|Lady Leech||
||||||||2022|2022||2021|2021|2021|
||||||||E|E||E|E||
|Ptgggt(yegg)8|||||||||||||
|General|property|||running|||||||||
|costs|||||||23,969||23,969|10,557||10,557|
|Agents commissions|||||||4,370||4,370|6,427||6,427|
|Insurance|||||||4,883||4,883|4,973||4,973|
|Legal fees|||||||12,421||12,421|10,035||10,035|
|Property|costs||||||45,643||45,643|31,992||31,992|
|nves me|||ana|emen|||75,596|14,183|89,779|6'I,455|15,974|77,429|
|||||||121,239||14,183|135,422|93,447|15,974|109,421|
|Charitable||activities|||||||||||
||||||||||||Grant|Grant|
||||||||||||making|making|
||||||||||||costs|costs|
||||||||||||2022|2021|
||||||||||||E|E|
|Secretarial||support||||||||||111|
|Computer||costs|||||||||1,095|9,322|
|Bookkeeping|||and|support|||||||3,551|7,308|
||||||||||||4,646|16,741|
|Grant funding|||of activities (see note 6)||||||||189,314|666,255|
|Share of|support costs (see note||||||7)||||2,865|1,094|
|Share of|governance||||costs|(see|note 7)||||3,288|3,216|
||||||||||||200,113|687,306|
|Analysis||by|fund||||||||||
|Unrestricted|||funds|—general|||||||187,113|627,996|
|Unrestricted|||funds|-|Lady Leech||||||13,000|59,310|
||||||||||||200,113|687,306|
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||Grant making|Grant making|
|---|---|---|
||costs|costs|
||2022|2021|
||E|E|
|Grants to institutions:|||
|Main fund|176,314|606,945|
|Lady Leech fund|13,000|59,310|
||189,314|666,255|
|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2022|Support|Governance|2021|
|||costs|costs||costs|costs||
|||E|E|E|E|E|E|
|Legalfees||1,506||1,506|1,032||1,032|
|Bank charges||303||303|62||62|
|Trustee expenses||1,056||1,056||||
|Audit fees|||3,288|3,288||3,216|3,216|
|||2,865|3,288|6,153|1,094|3,216|4,310|
|Analysed|between|||||||
|Charitable|activities|2,865|3,288|6,153|1,094|3,216|4,310|
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|Investment
property|||
|---|---|---|
|||2022|
|||E|
|Fair value|||
|At 1 April 2021||598,680|
|Dlsposals||(82,869)|
|Net gains or losses through|fair value adjustments|93,918|
|At 31 March 2022||609,729|
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|||||||Listed|
|---|---|---|---|---|---|---|
|||||||Investments|
|||||||E|
||Cost or valuation||||||
||At 1 April 2021|||||18,963,681|
||Additions|||||4,557,968|
||Valuation
changes|||||818,048|
||Dlsposals|||||(3,798,965)|
||At 31 March 2022|||||20,540,732|
||Carrying
amount||||||
||At 31 March 2022|||||20,540,732|
||At 31 March 2021|||||18,963,681|
|11|Debtors||||||
||||||2022|2021|
||Amounts
falling due|within one year:|||E|E|
||Northern
Homes &Estates||||14,850|10,346|
||Concessionary
loans|to charities|||121,500|122,000|
||Other debtors||||35|53|
||Prepayments
and accrued Income||||26,208|35,184|
||||||162,593|167,583|
||||||2022|2021|
||Amounts
falling due|after|more than|one year:|E|E|
||Concessionary
loans|to charities|||253,000|374,000|
||Tota I debtors||||415,593|541,583|
|12|Creditors: amounts|falling|due within|one year|||
||||||2022|2021|
||||||F|E|
||Trade creditors||||5,748|5,973|
||Other creditors||||326||
||Accruals
and deferred|income|||26,556|21,161|
||||||32,630|27,134|
##
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|13|Analysis
of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Lady Leech|Total|Unrestricted|Lady Leech|Total|
||||funds|fund||funds|fund||
||||2022|2022|2022|2021|2021|2021|
||||6|6|6|F|||
||Fund balances at 31||||||||
||March 2022|are|||||||
||represented|by:|||||||
||Investment
properties||609,729||609,729|598,680||598,680|
||Investments||17,240,540|3,300,192|20,540,732|15,967,021|2,996,660|18,963,681|
||Current assets/(liabilities)||1,464,352||1,464,352|1,799,928|-|1,799,928|
||||19,314,621|3,300,192|22,614,813|18,365,629|2,996,660|21,362,289|
##
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|---|---|---|---|---|---|---|
|15|Cash generated
from operatio|ns|||2022|2021|
||||||F|6|
||Surplus for the year||||1,252,524|21,362,289|
||Adjustments
for||||||
||Investment
income recognised|in statement|offinancial|activities|(499,736)|(487,235)|
||Non cash donation|||||(18,271,149)|
||Gain on disposal of investment|property|||(12,131)||
||Gain on disposal ofinvestments||||(164,227)|(134,173)|
||Fair value gains and losses on|investments|||(911,965)|(3,266,461)|
||Movements
in working
capital;||||||
||Decrease
in debtors||||125,989|9,177|
||Increase/(decrease)
in creditors||||5,496|(8,321)|
||Cash absorbed
by operations||||(204,050)|(795,873)|
|16|Analysts ofchanges
In net funds||||||
||The charity had no debt during|the year.|||||
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|Main fund|||
|---|---|---|
|Catholic Marriage||2,000|
|Little Theatre||5,000|
|Dspaul||1,000|
|Blyth Star Enterprises||6,000|
|Pelton Youth Project||2,000|
|Charles Young||1,500|
|Road to Recovery||3,000|
|Cowpen Quay Community|Association|1,000|
|Vale Mill Trust||2,000|
|Henry Dancer Days||2,000|
|Veterans at Ease||4,000|
|Spinal Injuries||1,000|
|Whitfield||1,000|
|Community
Foundation||2,000|
|Beyond Limits||2,000|
|The Altitude
Found||1,050|
|Youth Ministry Trust||10,000|
|PDSA||1,000|
|Action for Children||2,000|
|Newburn
and District||2,000|
|BELS||1,000|
|St Oswalds||35,000|
|Tynsside
Hospice at Home||2,500|
|Ocean Youth Trust||5,000|
|The Wildlife Arc||1,000|
|Brass in Concert||1,000|
|Age DK||500|
|Charlotte
Straker Project||3,000|
|North EastAutism||3,000|
|Tyne rivers trust||6,632|
|Headway
Darlington||1,000|
|North East Stem||6,640|
|The Guide Dogs||2,000|
|Haven Tyneslde||2,000|
|Eyes open||1,000|
|ME Bradshaw||20,000|
|Stiongsr Together||1,500|
|Tees Valley Womens||1,500|
|Furniture
Racy||2,262|
|Inspiring
Minds||3,000|
|Foodcycle||5,000|
|The Community||4,500|
|StAndrews||2,000|
|Ths British Disabled Anglin|g Association|1,000|
|NERAF||4,000|
|STC Philanthropy||5,000|
|Heel and Toe||5,000|
|Total main fund||176,314|
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