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2024-08-31-accounts

NEWCASTLE WEST END CHILDREN'S COMMUNITY

REPORT AND FINANCIAL STATEMENTS For the year ended 31 August 2024

Charity Number 1201613

Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

Contents

Contents
Page
Trustees report 1-6
Independent examiner’s report 7
Statement of financial activities 8
Balance Sheet 9
Notes to the financial statements 10-15

Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

Legal and administrative information

Trustees E S Todd
K J C Laing
S J Robson
P J S Thomson
J Cullen (appointed 3 October 2024)
JC Phillips (appointed 20 February 2025)
M Walker (appointed 20 February 2025)
Charity Number 1201613
Registered Office Bridgewater
Delaval Road
Newcastle Upon Tyne
NE15 6NL
Bankers
The Co-operative Bank plc PO Box 101
1 Balloon Street
Manchester
M60 4EP

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Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees 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 corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

All of the Trustees are members of the trust and guarantee to pay up to £10 each in the event of a winding up.

The trustees are members of the charity but this entitles them only to voting rights.

The trustees have no beneficial interest in the charity

Newcastle West End Children’s Community is a Charitable Incorporated Association whose only voting members are its charity trustees (‘Foundation’ model constitution) and was incorporated on 17 January 2023 and commenced trading on the same date.

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Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

OBJECTIVES AND ACTIVITIES

Mission Statement and activities

To act as a resource for young people up to the age of 25 living in the West End of Newcastle by providing advice and assistance and organising programmes of activities as a means of:

(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;

(b) advancing education;

(c) working in partnership to provide recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

Vision

To tackle the effects of poverty for children, young people and families by bringing a range of organisations together in a co-ordinated way that is locally driven. The collaboration takes a generational approach to stimulating change from ‘cradle to career’ across all of the contexts in which children live and learn.

Key aims and objectives

The priorities for collaborative action are outlined as:

1. A stronger community. A vision of a West End where everyone works together, building a cohesive, supportive environment.

2. Reducing inequality. Challenging poverty to ensure everyone can achieve and be healthy, and ensuring people are accepted for who they are.

3. Starting early and supporting transition. Getting things right from before birth, ensuring healthy child development and supporting children through key transitions in their lives.

4. Realising aspirations. Aiming high for young people and providing more opportunities for success.

PUBLIC BENEFIT

We have regard to the Charity Commission’s guidance on public benefit. We are proud of the work we have done to benefit our community and have fulfilled our charitable objectives.

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Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

ACHIEVEMENT AND PERFORMANCE

Our working groups have gone from strength to strength identifying community needs, gaps in provision and creating an environment for co-creation of an action plan for future activity. These groups have been well attended, involving over 60 organisations with representatives from a range of local charities, educational settings, cultural venues, statutory services and local residents.

In addition to working groups we held a large networking opportunity to stimulate the sharing of information and partnership building. We intend to replicate networking events regularly.

The networking opportunities we have created have resulted in a number of initiatives and opportunities unlocking shared resources by partners including access to cultural venues, the provision of after school clubs for children and support for parents.

Over the last 12 months we have also strengthened our community organising work working in partnership with Tyne and Wear Citizens. We have facilitated community organizing and listening training. Further, we have undertaken listening sessions with individuals and groups, and collated their views and concerns, including vision boards from children and a film of children’s poems about their home.

We set up issues workshop for community organisations and members in May 2024. We focused on the main themes: Health and Dentistry; Housing; School Attendance; Provision for young people; Travel; Rubbish; Jobs; Safety.

We developed an issues workshop in September 2024 which resulted in the creation of three action groups led by community members and professional community enablers. These action groups focused on: Safety around schools; Rubbish; and, Anti-social behavior. We will support the development of these action groups over the coming year.

There have been multiple and varied impacts on children and families in the West End of Newcastle over our last financial year as a result of collaborative working. Some examples include:

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Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

exhibition. These have involved organisations such as Theatre Royal and the John Marley Centre and positive impacts on children’s confidence, education and skills have been reported.

We appreciate the organisations who have supported us in facilitating activities with meeting rooms and refreshments.

Our advisory group continues to support the Trustees in deciding priorities and developing our strategy and we are grateful for their insight and enthusiasm.

Feedback from children and local organisations has been extremely positive, and moving into the future we intend to continue to work closely with local families and encourage local residents and children to get involved in stimulating change.

Financial review

In financial terms, 2024 was a successful second year with an unrestricted surplus in the general reserve of £5,359.

Total income for the year was £57,000 with funds received from various grant sources at Newcastle University and from the North of Tyne Combined Authority.

Our reserves policy is to maintain free reserves at a level no less than £2,000.

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.

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Charity Registration No. 1201613 (England & Wales)

Newcastle West End Children’s Community Annual report and financial statements For the year ended 31 August 2024

The trustees who are also directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

E S Todd

K J Laing

S J Robson

P J S Thomson

J Cullen (appointed 3 October 2024)

JC Phillips (appointed 20 February 2025)

M Walker (appointed 20 February 2025)

Recruitment and appointment of new Trustees

Trustees are recruited from our community who have an interest, skills and desire to support our vision.

Induction and training of new Trustees

New Trustees are briefed about the contents of the constitution, structure, decision-making processes and future plans.

Risk management

The Trustees have a duty to identify and review risks to which the Trust is exposed. They must ensure appropriate controls are in place to provide reasonable assurances against error and fraud. To this end we have stringent financial and governance controls via the Delegation of Authority and Financial Controls documents.

The trustees’ report was approved by the Board of Trustees and signed on their behalf by:

S Robson

Treasurer

Date: 18 June 2025

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NEWCASTLE WEST END CHILDREN'S COMMUNITY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 August 2024

I report on the financial statements of Newcastle West End Children's Community for the year ended 31 August 2024, which are set out on pages 8 to 15.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2022 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Lilian Hetherington Fellow of the Institute of Chartered Accountants Connected Voice Business Services One Strawberry Lane Newcastle upon Tyne NE1 4BX Date: 18 June 2025

7

NEWCASTLE WEST END CHILDREN'S COMMUNITY

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 August 2024

Income from:
Charitable activities
Grants and contracts
6
Total income
Expenditure on:
Charitable activities
Operation of the charity
7
Total expenditure
Net income/(expenditure) and net
movement of funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Notes
Unrestricted
Funds
£
-
-
372
372
( 372 )
5,731
5,359
Restricted
Funds
£
57,000
57,000
17,753
17,753
39,247
42,595

81,842
Total
2024
£
57,000

57,000
18,125
18,125
38,875
48,326

87,201
Total
2023
£
49,940
49,940
1,614
1,614
48,326
-
48,326

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 10 to 15 form an integral part of these financial statements.

8

NEWCASTLE WEST END CHILDREN'S COMMUNITY

Charity Number 1201613

BALANCE SHEET

As at 31 August 2024

Current assets
Cash at bank and in hand
11
Total current assets
Creditors:amounts falling due within
one year
12
Net current assets
Total assets less current liabilities
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes
£
87,573
87,573
( 372 )
Total
2024
£
87,201
87,201
87,201
5,359
81,842
87,201
£
48,680
48,680
( 354 )
Total
2023
£
48,326
48,326
48,326
5,731
42,595
48,326

The notes on pages 10 to 15 form an integral part of these financial statements.

These financial statements were approved by the Board on: 18 June 2025

and are signed on its behalf by:

Samantha Robson

Treasurer

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NEWCASTLE WEST END CHILDREN'S COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2024

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2022.

Newcastle West End Children's Community meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £5,359 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

10

NEWCASTLE WEST END CHILDREN'S COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2024

3.4 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.5 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

4.2 Charitable activities

Expenditure on charitable activities includes the costs of to act as a resource for young people up to the age of 25, in the west end of Newcastle and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

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Newcastle West End Children's Community

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2024

Analysis of income
6
Charitable activities
Income from grants and contracts
Community Organising Project
Newcastle University consultation and
development
Newcastle University Community Strategy
Newcastle University Social Justice Fund
Newcastle University Policy Fund Partnership
Newcastle University website
Newcastle University Partnership Resources
Unrestricted
Funds
£
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
20,000
22,000
-
-
-
15,000
57,000
Total
2024
£
-
20,000
22,000
-
-
-
15,000
57,000
Total
2023
£
4,700
19,750
10,000
5,000
6,085
4,405
-
49,940

Income was £57,000 (2023: £49,940) of which £0 was unrestricted or designated (2023: £6,085) and £57,000 was restricted ( £43,855)

Analysis of expenditure on charitable activities
7
Charitable activities
Support costs
Training
Governance costs
Administration costs
Insurance
Advertising
Membership fees
Project costs
Hire Costs
Independent examiner's fees for reporting on
the accounts
Website fees
Unrestricted
Funds
£
-
-
-
-
-
-
-
-
372
372
Restricted
Funds
£
1,474
96
144
625
14,664
500
130
120
-
17,753
Total
2024
£
1,474
96
144
625
14,664
500
130
120
372
18,125
Total
2023
£
1,260
-
-
-
-
-
-
-
354
1,614

Expenditure on charitable activities was £18,125 (2023: £1,614) of which £372 was unrestricted or designated (2023: £354) and £17,753 was restricted ( £1,260)

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Newcastle West End Children's Community

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2024

8 Fees for examination of the accounts

Independent examiner's fees for reporting on the accounts 2024
£
372
2023
£
354

There were no other fees paid to the examiner (2023: £nil)

9 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

10 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

11 Cash at bank and in hand

Cash at bank and in hand
12
Creditors and accruals (payable within 1 year)
Independent examination of accounts
Accruals
2024
£
87,573
87,573
2024
£
372
372
2023
£
48,680
48,680
2023
£
354
354

13 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

13

Newcastle West End Children's Community

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2024

14 Analysis of charitable funds

Analysis of movements in unrestricted funds For the year ended 31 August 2024

Unrestricted funds
General unrestricted fund
Totals
Fund
balances
brought
forward
£
5,731
5,731
Incoming
resources
£
-
-
Resources
expended
£
( 372 )
(372)
Transfers
£
-
-
Fund
balances
carried
forward
£
5,359
5,359

Purpose of unrestricted funds

General unrestricted fund The 'free reserves' after allowing for designated funds

Analysis of movement in restricted funds For the year ended 31 August 2024

Restricted funds
Social Justice
Partnership Resources
Policy Fund Partnership
Community Strategy
Website
North of Tyne Community
Organising Project
Totals
Fund
balances
brought
forward
£
4,700
8,740
19,750
5,000
4,405
-
42,595
Incoming
resources
£
-
22,000
20,000
-
-
15,000
57,000
Resources
expended
£
( 2,000 )
( 3,285 )
( 11,819 )
-
( 649 )
-
(17,753)
Transfers
£
-
-
-
-
-
-
-
Fund
balances
carried
forward
£
2,700
27,455
27,931
5,000

3,756
15,000
81,842

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Social Justice Partnership Resources Policy Fund Partnership Community Strategy Website North of Tyne Community Organising Project

Social Justice Project working with partners and young people To provide resoures for the project

To fund participation workers To support participation workers Website and communication To fund a Tyne and Wear Citizens community organiser

14

Newcastle West End Children's Community

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 August 2024

15 Capital commitments

As at 31 August 2024, the charity had no capital commitments

16 Analysis of net assets between funds

Analysis of net assets between funds
At 31 August 2024
Other net current assets/(liabilities)
Cash at bank and in hand
Unrestricted
Funds
£
5,731
( 372 )
5,359
Restricted
Funds
£
81,842
-
81,842
Total
2024
£
87,573
( 372 )
87,201

15