The Wellbank Foundation
Report and Financial Statements
Year to 31 March 2023 Charity Number 1192329
Reference and administrative information
Trustees
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A Robson (Chair)
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R Robson (Treasurer)
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L Robson
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E Robson
Principal Office: 7 Carlton Terrace, Jesmond Road West, Jesmond, Newcastle upon Tyne NE2 4PD
Charity number: 1192329
Auditors:
Bankers: Virgin Money, 154-158 Kensington High Street, London. W8 7RL
Report of the trustees for the year ended 31 March 2023
The Trustees present their annual report and financial statements of the charity for the period ended 31 March 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 1993 and the SoRP: Accounting and Reporting by Charities published in 2005.
Structure, governance and management
The Trust is a registered charity, number 1192329 and is constituted under a trust deed dated 3 November 2021. The Trust was established by an initial gift by Mr and Mrs Robson and per the deed an annual gift will follow in order to fund those successful applications made by North Eastern charities complying with strict criterion. The Trust does not fundraise and seeks to continue the charitable work of allocating the annual gift to deserving charities.
New trustees are appointed by the existing trustees and serve for five years after which they can put themselves forward for reappointment. The deed provides for a minimum of 3 and there is no maximum number of trustees. Of the initial trustees, R Robson was appointed for 5 years, A Robson for 4 years, L Robson for 3 years and E Robson for 2 years.
E Robson was reappointed in December 2022.
Every quarter the trustees hold a meeting at which the various applications are discussed in order that they should be evaluated and a decision made as to whether a grant should be awarded. Prior to these meetings the applications are reviewed to ensure that those discussed comply with the specific criterion dictated by the trust deed.
All trustees are volunteers and no trustee remuneration was paid during the period. Trustees are required to disclose all relevant interest and register them at the meeting in order that all decisions are made fairly.
Risk Management
The donation is kept in a bank account, with 2 signatories, from which the grants are paid. All of the funds are kept in cash – no investments are undertaken.
Objectives and activities for the public benefit
The objectives state that the trust is set up to provide financial assistance to support activities and projects of registered charitable groups that enhance the lives of those disadvantaged in North East England.
The Trust achieves these objectives by allocating grants to the successful applicants, who deliver their projects. We do not deliver any projects ourselves or incur any costs.
Grant making policy
The applications are considered on an individual basis and their proposals are discussed in detail in order to decide on whether the charity’s request is successful.
Review of the public benefit from the grant funding
During the year to 31 March 2023 we have made grants to many charities, the effect of the funding is evaluated after the period stated within the applications by the charities and reported back to us.
Financial review
A donation has not been made within this financial year as there was a donation made in late March 2022, these funds were brought forward to be distributed in the year. At the end of the year there was a balance of £63123, grants have been promised re the final quarter of this year to the amount of £34,900. The remaining balance will be carried forward and added to an annual donation of £100,000 which was made in April 2023.
Grants awarded in this financial period
Grants have been awarded to the following charities for the described projects, the descriptions are the wording provided by the charities:
Newsham and New Delaval Youth Forum – Friday night diversionary activity session, Creative expression
“This project is about getting young people to express themselves creatively, using different mediums and learning skills along the way.
This project will help young people aged 11-19 discover their creative spark through art, music, graffiti and dance.
This project will start in September 2022 and will last for six months.
We will provide some thematic inspiration but will allow young people to express themselves freely.”
Headway Arts – “Dance sessions for adults with a learning disability in the Blyth area. Participants will work with a professional dancer to learn different dance and movement techniques and work towards a short performance of their work to family and friends. 24 sessions one day a week for 24 weeks starting in July 2022. Sessions will promote exercise and physical activity in a fun and accessible way and will be accessible on a variety of levels to meet all needs incorporating gentle warm up exercises, movement work, physical theatre. “
Keyfund Federation Limited – “Our project, Skills for the Future, will support 40 young people residing in disadvantaged communities in Northumberland to come together in 10 small groups to engage in our KEY+ challenge to learn new skills and build their confidence and self-belief. The KEY+ challenge takes young people through a five-step process. Together, they think of a project idea, plan the project including a detailed budget, pitch that idea and plan to an external ‘dragon den’ style panel of volunteers, deliver their project and review how it went and how they developed their skills. Timescales Months 1-2: Young people will be identified, engaged with KEY+ and form10 small groups. Months 3-4: Young people will come up with their project ideas and begin their planning (including a budget). Months5: Young people will pitch their ideas to a dragon den style panel made up of volunteers from the community. Months6-8: Young people deliver their projects if approved at panel Months9-10: Groups evaluate their project and engagement..”
Hatrick – Multisport Provision- “I am looking to start this project from February up until December 2022 for 32 weeks. Hat-Trick staff and volunteers will deliver Multisport activities such as dodgeball, football, cricket, basketball and more to young people aged 8-12 across Newcastle.
We want to engage around 300 young people and run this project in 4 areas North, East, West & Outer West of Newcastle. There will be 7 sessions a week that take place on a Monday to Friday between the times of 5-8pm for 32 weeks. We expect to engage 10 -12 participants at each session. The areas we will target are Kenton, Fawdon, Scotswood, Westgate, Byker, Ouseburn & West Denton.
This project will use sport as a tool to engage children and offer education on healthy eating, self-confidence and weekly exercise as well as playing music in the sessions to help engage those non sporty young people.
We will organise environment clean ups during holidays where the young people of the estate will help make the community a better place by keeping it clean and safe. ”
North Tyneside Disability Forum Ltd – “One year project, starting March/April 2022 with one formal gardening session and one social session per week, led by qualified facilitators known to us by our existing work with disabled peoples mental health groups, it will support disabled people of all ages, whose emotional health has deteriorated by the impact of COVID19. It will enable their supported participation and learning, in horticultural pursuits and provide additional opportunities to come together informally to chat, relax and perhaps take advantage of other NTDF opportunities eg Benefits Advice, Complementary Therapies, music etc. It will serve as a foundation to re engagement in activity, seeking to self help each other to avoid or overcome major depressive and anxious episodes. It will focus on those who pre Covid19 were regular participants to activities, who are now scared to go out. It will enable informal sharing of coping mechanisms across the commonalities of anxiety, "empty" mood, hopelessness, pessimism, guilt, worthlessness and will serve as a positive repair vehicle to rebuilding confidence and pleasure in hobbies and activities, and improving physical and emotional wellbeing. Much like art therapy but with more digging, and planting involved, it will best use our greenhouse, gardens, and extensive green spaces. “
Triangular – “Triangular is a network of volunteers and professionals who support migrant communities; our beneficiaries are BAME and come from minority communities and disadvantaged backgrounds.
We seek to empower refugees, facilitate integration, and combat poverty in Tyne and Wear and across the North East of England. Our mission is to work with migrant communities to develop skills, find employment and housing, build confidence, and live healthy, fulfilling lives. We also seek to build compassion and understanding between the UK born population and refugee/migrant communities.
Triangular ensures that our service delivery is of high quality by completing consultations, incorporating beneficiary feedback and external evaluations, engaging our young people’s, women’s and community steering committees, applying quality standards, and drawing on the expertise of our trustees, employees, volunteers, and community members.
We want to offer 1-to-1 support for 50 of the most vulnerable refugees across Tyne and Wear. This approach will focus on housing, education, employment, health, immigration, and social services:
Housing: many of our clients cannot access decent, safe accommodation. Triangular has strong links with local authorities and landlords. We will act as an intermediary, help to broker relationships, and assist with the completion of paperwork.
Employment : we will help beneficiaries to connect with mainstream services. We will also provide support surrounding qualification recognition, CVs, job applications, and interviews.
Language : improved English language is the foundation of successful integration and is often the gateway to sustainable employment. We will offer lessons catering to varying language levels.
Immigration: Triangular will offer an accessible service to improve understanding, formulate appeals, plan for family reunion applications, and help connect asylum seekers with lawyers who can support them.
Education: we will offer trainings on the welfare system, entitlements, and digital literacy. The volunteer programme will also allow refugees to gain work experience and practice the English language skills.
We would hope to run this project from January 1[st] , 2023, through December 31[st] , 2023. “
Friends of Jesmond Library –“Jesmond has a large population of older people, both living independently and in the many care homes in the area. Since 2016 we have offered monthly Wellbeing for Life sessions for the elderly. The programme’s objectives are to promote increased participation in social activities, thereby reducing loneliness amongst older people, intergenerational relationships and wellbeing by encouraging mutual support between people trying out new activities. As a result the library becomes a focus for developing relationships, resulting in a more cohesive community and reducing isolation amongst older people. Each monthly session has a different theme for activity and discussion. Over the last year these included a songwriting workshop, “Shape up for Summer”, local history, feeling safe in the community and cutting costs in difficult times. Sessions are run by library volunteers and visiting speakers. Transport is available for those who need it, a light lunch is also provided. Before the pandemic sessions were attracting 40-50 people per month. During COVID they were held via Zoom and were less popular. We are now returning to normal and last month 34 people attended in person, 3 on Zoom.
We re requesting funding to continue this successful programme for another year (April 23March 24)”
The Chronicle Sunshine Fund “We are requesting funding towards the purchase essential sensory and play items which will provide education, fun and exercise to children living with disabilities and special educational needs. Once funds are received the equipment will be purchased immediately and sent to families as we know how urgently it is needed. The equipment we are fundraising for is as follows:
3 x trikes which includes correct support elements to enable the child to ride independently alongside their siblings and peers for the first time. Promoting exercise and inclusion, leading to increased independence and self-esteem.
1 x Bambino TiiPii Bed needed to support the child's focus, concentrate and enable them to engage in daily activities. This item will provide a safe space for when the child feels overwhelmed rather than engaging in other less safe stimulating behaviours, enabling them to safely engage in play through vestibular movements.
4 x Sensory Bundles which will enable the children to explore activities and a range of sensory experiences as well as develop their fine motor skills.”
Rockets Community Foundation – “The Launchpad is a newly refurbished inclusive community hub being created in Eastfield, Cramlington. Long recognised as one of the most deprived areas of Northumberland, Eastfield has a lot of issues with anti-social behaviour, a lack of community space, a need for mental health provision, and a need to engage all community groups to increase social inclusion.
Following a community asset transfer to Cramlington Rockets RLFC, a former RFL national community rugby league club of the year, its community arm Rockets Community was changed into a charity to manage the property and surround grass areas.
Currently we are undertaking a £400,000 refurbishment of the site. Currently we are £30,000 short and therefore looking for a contribution to help close that gap.
Working with leading architect and construction firms Ryder and Meldrum, work has already started on the site and is due to complete in June 2023.”
Reserves policy
The policy of the trust is to distribute all donations made, consequently the presence of reserves represents a timing difference only. All reserves are unrestricted.
Plan for the next year
The trustees would like to continue funding those deserving charities in order that they may deliver projects that meet our criterion for support.
Trustees’ responsibilities in relation to the financial statements
The trustees are responsibly for preparing the Trustees’ report and the financial statements in accordance with applicable law and the UK Accounting Standards. The law applicable to charities in England and Wales requires the trustees to prepare proper statements which provide a true and fair view of the underlying financial transactions. In order to do so the trustees are required to
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select suitable accounting standards and apply them consistently
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observe methods and principles of the Charities SoRP
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make judgements and estimates that are reasonable and prudent
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state whether the applicable standards have been followed, and disclose any departure from those standards and principles
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain to ensure that the financial statements comply with the charities Act 1993, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for
the maintenance and integrity of the charity and financial information included on the charity’s website.
Approved by the trustees on 26 April 2023 and signed on their behalf by
A Robson Chair of Trustees
Wellbank Foundation
Statement of Financial Activities for the year ending 31 March 2023
| Incoming resources | |
|---|---|
| Donation | |
| Gift Aid | 25,011 |
| Total | 25,011 |
| Outgoing resources | |
| Grants | 66,064 |
| Net movement of resources | (41,053) |
| Reconciliation of funds | |
| Brought Forward | 104,176 |
| Movement | (41,053) |
| Carried Forward | 63,123 |
| Balance Sheet as at 31 March 2023 | |
| Current Assets | |
| Cash at bank | 63,123 |
| Net Assets | 63,123 |
| Funds of the charity | |
| Unrestricted funds | 63,123 |
Wellbank Foundation
The notes on page 8 form part of these accounts
Approved by the trustees on and signed on their behalf by
A Robson
Chair of Trustees
Wellbank Foundation
Notes to the accounts
1. Accounting policies
a) Basis of preparation
The financial statements have been prepared under the historic cost convention. They have been prepared in accordance with SoRP: : Accounting and Reporting by Charities published in 2005 and applicable UK Accounting Standards and the Charities Act 1993.
b) Funds structure
The charity receives an annual donation in order to fund any grant requests made during the year. The trustees use their discretion to determine which applications are funded from the available monies.
- c) Recognition of income
All incoming resources are received as soon as the charity has entitlement to the resources, it is certain that the resources will be received and that the monetary value of the resources can be determined with certainty.
d) Resources expended
Grants are only made to charities when there are sufficient funds in the bank account. All expenditure is accounted for on an accruals basis.
2. Related party transactions and trustees’ remuneration
Trustees are not permitted to receive and have not received any remuneration for their services as per the trust deed.
Wellbank Foundation
| Assets | 31/03/2022 | 31/03/2022 | |||
|---|---|---|---|---|---|
| Cash at bank | 63,123 | 104,176 | |||
| Reserves | b/f | 104,176 | 0 | ||
| Movement | (41,053) | 104,176 | |||
| c/f | 63,123 | 63,123 | 104,176 | 104,176 | |
| Wellbank Foundation | Year | 16 month period to | |||
| 31/03/2023 | 31/03/2022 | ||||
| Income | |||||
| Donation | 200,000 | ||||
| Gift Aid | 25,011 | 25,000 | |||
| 25,011 | 225,000 | ||||
| Grant funding | |||||
| 66,064 | 120,824 | ||||
| 66,064 | 120,824 | ||||
| Transfer to reserves | (41,053) | 104,176 |
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