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|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|
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|'|||||||
|---|---|---|---|---|---|---|
|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||||
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|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|
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|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|
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|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|
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|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|
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|||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|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General
f|funds 2022
f|2021
f|
|Events|income;|||||
|Other|events|income|960|960||
||||960|960||
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|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.||||
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||||Unrestricted|||||
|---|---|---|---|---|---|---|---|
|||||Total||Total||
||||General
f|2022f||2021f||
|Other|incoming|resources|159||159||102|
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|||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|
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|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||
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|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|
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|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|
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|Furniture
and||
|---|---|
|equipment
f|Total
f|
|5,890|5,890|
|5,890|5,890|
|5,890|5,890|
|5,890|5,890|
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|17Fixed asset investments|||
|---|---|---|
||2022|2021f|
|Other investments|690,380|812,582|
|Other investments|||
||Listed||
||investments|Total|
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|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|
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|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|
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|||||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|
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