| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report |
2to6 | |
| Independent Examiner's |
Report | |
| Statement of Financial | Activities 2022 | |
| Statement of Financial | Activities 2021 | |
| Balance Sheet | to | |
| Notes to the Financial Statements | 11to22 |
| ' | ||||||
|---|---|---|---|---|---|---|
| Truetees | M. Alberti | |||||
| L.Allason-Jones | ||||||
| H N Cleeve | ||||||
| Dr RCollins | ||||||
| D Cutts | ||||||
| RWFem | ||||||
| D H Heslop | ||||||
| Dr N Hodgson | ||||||
| Dr F C Mdntosh | ||||||
| D O'Meara | ||||||
| ProfS D Pallett | ||||||
| Dr R Pears | ||||||
| D Peel | ||||||
| G CStobbs | (resigned | 27/04/2022) | ||||
| His Honour | C Walton | (resigned 08/12/2022) | ||||
| SWard | ||||||
| G N Woodward | ||||||
| Charity Registration | Number | 1188638 | ||||
| Principal Otrtce | Great North | Museum: | Hancock | |||
| Barras Bndge | ||||||
| Newcastle | upon Tyne | |||||
| NE2 4PT | ||||||
| Independent | Examiner | Simon Brown BAACA DChA | ||||
| Azets Audit | Services | |||||
| Charlered Accountant |
& Statutory | Auditor | ||||
| Bulman House |
||||||
| Regent Centre | ||||||
| Gosforth | ||||||
| Newcastle | upon Tyne | |||||
| NE3 3LS | ||||||
| Solicitors | Weightmans | LLP | ||||
| 1 St James' | Gate | |||||
| Newcastle | upon Tyne | |||||
| NE1 4AD | ||||||
| Bankers | Lloyds Bank pic | |||||
| 102Grey Street | ||||||
| Newcastle | upon Tyne | |||||
| NE16AG | ||||||
| Investment | Managers | RBC Brewin Dolphin | Ltd | |||
| Time Central | ||||||
| GalloAft1/ate | ||||||
| Newcastle | upon Tyne | |||||
| NE14SR |
| 2022 | ||||||
|---|---|---|---|---|---|---|
| Tatal | Total | |||||
| Unrestricted | Restricted | 2022 | 2021 | |||
| Note | E | |||||
| Incame and Endowments | fram: | |||||
| Donations and legacies |
2 | 27,437 | 11,300 | 38,737 | 30,649 | |
| Charitable acbviTies |
3 | 2,741 | 2,741 | 7,975 | ||
| Other trading activities |
4 | 960 | 960 | 444 | ||
| Investment income |
5 | 17,773 | 17,773 | 17,090 | ||
| Other income | 6 | 159 | 159 | 102 | ||
| Tatal Income | 46,329 | 14,041 | 60,370 | 56,260 | ||
| Expenditure on: |
||||||
| Raising funds | (8,434) | (8,434) | (8,124) | |||
| Charitable activiTies |
(53,302) | (2,989) | (56,291) | (55,911) | ||
| Tatal Expenditure | (61,736) | (2,989) | (64,725) | (64,035) | ||
| Gains/(losses) an |
||||||
| investment assets |
(104,453) | (104,453) | 92,694 | |||
| Net movement in funds |
(119,860) | 11,052 | (108,808) | 84,919 | ||
| Reconciliation offunds |
||||||
| Tatal funds brought | forward | 888,332 | 37,360 | 925,692 | 840,773 | |
| Tatal funds cerned | forward | 21 | 768,472 | 48,412 | 816,884 | 925,692 |
| 31 December | 2021 | |||||
|---|---|---|---|---|---|---|
| Total | ||||||
| Unrestricted | Restricted | 2021 | ||||
| Note | E | |||||
| Income and Endowments | from: | |||||
| Donations and legacies |
29,649 | 1,000 | 30,649 | |||
| Charitable acbviTies |
23 | 7,952 | 7,975 | |||
| Other trading activities |
444 | 444 | ||||
| Investment income |
17,090 | 17,090 | ||||
| Other income | 102 | 102 | ||||
| Total income | 47,308 | 8,952 | 56,260 | |||
| Expenditure on: |
||||||
| Raising funds | (8,124) | (8,124) | ||||
| Charitable activiTies |
(50,214) | (5,697) | (55,911) | |||
| Total expenditure | (58,338) | (5,697) | (64,035) | |||
| Gains/(losses) on investment |
assets | 92,694 | 92,694 | |||
| Net movement in funds |
81,664 | 3,255 | 84,919 | |||
| Reconciliation offunds |
||||||
| Total funds brought | forward | 806,668 | 34,105 | 840,773 | ||
| Total funds carried | forward | 21 | 888,332 | 37,360 | 925,692 |
| Balance She | et | as at 31 December 202 | 2 | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | f. | ||||
| Fixed assets | |||||
| Tangible assets | 16 | ||||
| Investments | 17 | 690,380 | 812,582 | ||
| 690,380 | 812,582 | ||||
| Current assets | |||||
| Debtors | 18 | 3,221 | 2,463 | ||
| Cash at bank and | in hand | 19 | 147,743 | 134,833 | |
| 150,964 | 137,296 | ||||
| Creditors: Amounts | falling due within one year | 20 | (24,460) | (24,186) | |
| Net current assets | 126,504 | 113,110 | |||
| Net assets | 816,884 | 925,692 | |||
| Funds ofthe charity: | |||||
| Restricted income funds | |||||
| Restrided funds |
21 | 48,412 | 37,360 | ||
| Unrestricted income |
funds | ||||
| Unrestricted funds |
768,472 | 888,332 | |||
| Total funds | 21 | 816,884 | 925,692 |
| 2 Income |
from donations a |
nd legacies | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| Total | Total | ||||
| General f |
Restricted f |
2022 f |
2021f | ||
| Donations | and legacies; | ||||
| General | donations | 183 | 300 | 483 | |
| Legacies | 10,000 | 10,MO | |||
| Gift aid redaimed | 3,205 | 3,205 | 3,532 | ||
| Grants received | 1,000 | 1,MO | 1,000 | ||
| Members subscriptions | 24,049 | 24,049 | 26,117 | ||
| 27,437 | 11,300 | 38,737 | 30,649 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Restricted | Total | Total | ||
| General f |
fundsf | 2022f | 2021f | ||
| Publications | 15 | 15 | |||
| Publicalions | licence | 952 | 952 | 849 | |
| African Lives | Project | 1,774 | 1,774 | 7,066 | |
| 2,741 | 2,741 | 7,975 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total | Total | |||
| General f |
funds 2022 f |
2021 f |
|||
| Events | income; | ||||
| Other | events | income | 960 | 960 | |
| 960 | 960 |
| 5 Investment in |
come | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total | Total | ||
| General f |
2022f | 2021f | ||
| Other investment | income | 17,773 | 17,773 | 17,090 |
| In 2021,f17,090 | ofthe above income was unrestftcted. |
| Unrestricted | |||||||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| General f |
2022f | 2021f | |||||
| Other | incoming | resources | 159 | 159 | 102 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Restricted | Total | Total | ||
| General | funds K |
2022 | 2021f | ||
| Charitable Activities |
29,568 | 2,689 | 32,257 | 27,344 | |
| Grant Funding | Activities | 7,750 | 300 | 8,050 | 13,500 |
| Support Costs | 10,718 | 10,718 | 10,063 | ||
| Governance Costs |
5,266 | 5,266 | 5,004 | ||
| 53,302 | 2,989 | 56,291 | 55,911 |
| Support costs allocated | Support costs allocated | to charitable | activities | |||
|---|---|---|---|---|---|---|
| Governance | Support | Total | Total | |||
| costs K |
costs | 2022f | 2021 | |||
| Wages and | Salaries | 786 | 7,076 | 7,862 | 7,613 | |
| Insurance | 64 | 572 | 636 | 869 | ||
| Phone, Postage and Stationery | 306 | 2,750 | 3,056 | 2,440 | ||
| Other Establishment | 307 | 307 | 263 | |||
| Audit Fees | 3,300 | |||||
| Bank Charges | 35 | 320 | 355 | 259 | ||
| Other governance costs |
168 | 168 | 323 | |||
| Independent | examinafion | fee | 3,600 | 3,600 | ||
| 5,266 | 10,718 | 15,984 | 15,067 | |||
| 10Net incomingloutgoing | resources | |||||
| Net outgoing | resources for the year include: | |||||
| 2022f | 2021 | |||||
| Audit fees | 3,300 | |||||
| Independent | examinafion | fees | 3,600 |
| 12Staffcosts The aggregate payroll costs were as follows: |
||
|---|---|---|
| 2022f | 2021 | |
| Staffcosts during the year were: | ||
| Wages and salaries | 7,560 | 7,320 |
| Pension costs | 302 | 293 |
| 7,862 | 7,613 |
| 13Independ | ent ex |
aminer's | remuneration | ||
|---|---|---|---|---|---|
| 2022f | 2021 | ||||
| Examination | ofthe | finanual | staiernenls | 3,MO | |
| 14Auditom' | remuneration | ||||
| 2022 6 |
2021f | ||||
| Audit ofthe | financial | statements | 3,300 |
| Furniture and |
|
|---|---|
| equipment f |
Total f |
| 5,890 | 5,890 |
| 5,890 | 5,890 |
| 5,890 | 5,890 |
| 5,890 | 5,890 |
| 17Fixed asset investments | ||
|---|---|---|
| 2022 | 2021f | |
| Other investments | 690,380 | 812,582 |
| Other investments | ||
| Listed | ||
| investments | Total | |
| 6 | ||
| Cost or Valuation | ||
| At 1 January 2022 | 812,582 | 812,582 |
| Additions | 40,244 | 40,244 |
| Disposal proceeds | (57,994) | (57,994) |
| Revaluafion | (104,452) | (104,452) |
| At 31 December 2022 | 690,380 | 690,380 |
| Valuation | ||
| At 31 December 2022 | 690,380 | 690,380 |
| At 31 December 2021 | 812,582 | 812,582 |
| 18Debtors | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022f | 2021f | |||||||||
| Prepayments | and accrued income | 3,221 | 2,463 | |||||||
| 19Cash and | cash equivalents | |||||||||
| 2022 | 2021 | |||||||||
| f. | ||||||||||
| Cash at bank | 147,743 | 134,833 | ||||||||
| 20Creditors: | amounts | falling | due within | one year | ||||||
| 2022 | 2021 | |||||||||
| f. | ||||||||||
| Accruals | 24,460 | 24,186 | ||||||||
| 21 Funds | ||||||||||
| Balance at | ||||||||||
| Balance at | Other | 31 | ||||||||
| 1 | January | Incoming | Resources | recognised | December | |||||
| 2022f | resources | expended f |
gainsl(losses) f |
2022 f |
||||||
| Unrestricted | funds | |||||||||
| General | ||||||||||
| Capital Fund |
888,332 | 46,329 | (61,736) | (104,453) | 768,472 | |||||
| Restricted funds | ||||||||||
| Publications | Grant Fund | 6,742 | 1,MO | (1,000) | 6,742 | |||||
| Publications | Fund | 26,721 | 967 | 27,688 | ||||||
| African Lives | Project | 3,897 | 1,774 | (1,689) | 3,982 | |||||
| Research grants | 300 | (300) | ||||||||
| Charllon Fund |
10,000 | 10,000 | ||||||||
| Total restricted funds | 37,360 | 14,041 | (2,989) | 48,412 | ||||||
| Total funds | 925,692 | 60,370 | (64,725) | (104,453) | 816,884 |
| Total funds | ||||
|---|---|---|---|---|
| Unrestricted | at 31 | |||
| funds | Restricted | December | ||
| General f |
fundsf | 2022f | ||
| Fixed asset investments | 690,380 | 690,380 | ||
| Current | assets | 102,552 | 48,412 | 150,964 |
| Current | liabiliTies | (24,460) | (24,460) | |
| Total net assets | 768,472 | 48,412 | 816,884 |