Love Dunston
Registered Charity No. 1204373
Financial Statements
Financial Period to 30 August 2024

Legal and Administrative Information
Name..
Love Dunston
Charty No..
1204373
Trustees:
Councillor Dorothy Bumett
Councillor Brenda Clelland
Allison Thompson
Councilk)r Gary Ha
Deborah Bell
Molty Sendall
Andrew Smtth
Christopher Folwell
Chair
Address..
Collingwood Terrace
Dunston
Gateshead
NE119DU
Independent
Examiner..
Mark Thompson MAAT
42 Lesbury Road
Newcastle upon Tyne
NE6 5LB

Lov• DuMton
Man*g•m•nt Commltt•• R•port
For th? Porlod End￿ 30 Augu$t 2024
2023124 ha8 been a year of trernerKI(NJs athievements for Love Dunslon. and has seen the group progress
from vthat ￿￿s a simple out-reach group based in thjnstC￿ Community Centre. organising litter picks,
environmental improvements. the annual ¢￿)munty fair and a small evening Y￿th offer. into a property
registere(I chanty managing a building. a yOLrth proiect and a £100.1x￿ budget
Earty in 2023. Love Dunston. vK)rt(ing in pattrership with a food bank offer. ran tAw) evening youth groups
wrth fvnding from the Police and Crime CommissirThr and English Heritsge. When the food bank collapsed.
Love Dunston stepped in to manage the budding and Tn￿lee$. avrdre of needs h￿a￿lighted by the evenino
youth groups. quickty realised the polentsl for the devefopment of a Y￿ project vknich ¥￿Uld not onty offer
safe, vrdrm sP￿e in %thich young pe(wle coukl meet and socialise, pathpate in aCt￿rt￿ vthich wouh
build self-corffidence. develop SOfAal skills and LxAd resillence
Charitable status vrds gTrnted to Love Dunston in June aThJ enabled Trustees to expk)re larger fvnding pots
and V￿ Y￿re delighted to be a￿arded a substantial sum from National Lottery at the end 012023 vthfjch
all01￿d us to begin the devebpmenl of a holistic youlh proj￿t- Ihe Ounston Drop In- would not onty
offer young peop￿ a sale p* lo s￿laIl$e arKI enjoy fijn actpiibes tArt e￿Id also promote and susta
mental weEI-being and offer a supwrt scaffokl of ad￿.￿. lrfe skJ"IL8 and thal edUCat￿n. We bdieve that
every young person deserves to enjoy th￿r INes and reach their full potenlial but some young people face
huge barrieTS- the Drop In seeks to lever that fiekl by Off￿Ing the (pportunit￿ to overcome those
¢h3llenges and thrive
Effective governarKe has been key and Trust￿ have devewd a r(A)ust set FN)licies and procedures to
support the youth pKoje(a together wth r¥wrous accountancy PraCt￿e$.
Love Dunston also continued wilh ils usual communty prCie(as-￿t￿ run several Su￿ssful communty
i￿ter picks and, of ccyjrse, the amual Dunston Communrty Fa￿ arKi Chrthas Luhts across Dunston and
Teams. We've worked in partne￿hIP wth many other lcd communty groups, leaming from each other
workn.ng to the L*nefft of our hxal communibe$
Approv•d by:
Slgned".
Brenda Cleland
Secretary
O¢tober 2024

INDEPEMDENT EXAIIINER'S REPORT
R•port to tho
Love Dunston
On accounts for
th• year •nd•d
30 August 2024
Charfty no 1204373
R•sp•ctlv•
The ITUStees of Ihe organisation are responsibte for the preparation of
ponslbllltles of acC￿nts." they cowder that an audit is Th)t required for this year under
trustees and section 144(2) ofthe Chanks Acl 2011 ￿ that an Independent
•xamlnor Examinat¥)n is needed.
It is my respon&bilrty to
• examine Ihe aC￿unts (under section 145 of the 2011 Acti.
• follow proce(lures dovm in Ihe General Directions given by the
Chanty Commission (under sectv)n 145{5)(bl of the Act), and
• state ¥thether pthlar mattw3 have ¢tyne to my attention.
Basls of My examinalion was Ca￿led in General Directions
Indopond•nt
given by the Charrty ComMiss￿ners. An examination ￿dUdeS a review of
examlnefs
the accounting records kept by the charity and a comparison of the
statsment acccMJnts presented those records. It also indudes consideratson of
any unusual rtems or disdosures in the ac(ounts. and seeking
expknabJns from the Itustees ¢orttrning any such matters. The
procedures undertaken do not pyomde all the wdence that ￿￿Uld be
required in an aud¢ and consequently I do fb)t express an audit opinion
on the acC￿jnts.
Independent
In the course of my examination. no matter has ￿me to my attention..
•xamln•fs
1. vknich gives me reasonable cause lo believe that in. any material
statem•nt respec( the trustees have not met the requirements lo er￿Ure that..
• woper acco￿ting records are kept lin a￿Ordar￿ V4Tth section 130 of
the Act}". and
• accounts are prepared agree *ith the accwnting records arKI
¢(￿PIY wth the acccNJntsng reqLbirements of the Act", or
2. to vknich, in my 0￿.niOn. attentiorb shoukl be drawn in order to enable a
proper understaThling of the acry)unts to reached.
Signed:
Dato: S N0￿Mb￿r 2024
Nam•:
Mark Thompson MAAT
Address: 42 Lesbury Road
Ne￿taSt
NE6 5LB

Love Dunston
8tat•m•nt fo Flnanclal AGtiviti•s. p•Tiod •nding 30 August 2024
Total
Funds
2024
Funds
2024
Funds
R•c•lpts
T￿nsfer in from unIn￿rporated As9xaattc
Donations
Grants
Rent
Other Income
22512
407
22512
407
93527
4150
93527
4150
80
Total R•c•lpts
27149
93627
120676
Paym•nts
Youth Workers
Activity Costs
Rent
Office Equipment
General Office Costs
Ub'lities
Insuran
Telephone & Intemet
Accountancy
Bank Charges
6002
51749
3030
3350
2399
885
180
277
136
250
18
57751
4098
5055
2399
1777
467
749
136
250
72
1705
287
472
Total Payments
Surplus I deficiifor the year
10480
62274
72764
31253
47922
Funds at 30 August 2024
166
31263
47922

Love Dunston
Balanc• Sh••t at 30 August 2024
Aug 2024
Currnnt Assgts:
Cash at Bank
47922
47922
Not Curr•nt Assets at 30 Au￿1 2024
47922
UnTeslricted Funds
Restr￿ted Funds
1e669
31253
Total Funds
47922
The finanaal slatemwts wwa apwov&J ty the fOlk￿lINj m8mbers oflhe Man&3ement
Committ00 .'
&gned....................................
&gned.......................

Notss to the finan¢ial stat¢m¢nts ft•r the year •nd•d 30 August 2024
1 Accounttng Poll¢loS
1.1 Basls of preparati¢)n ola¢counts
The finanaal statements have been prepared in aixordance ¥•ith Accounting arKI Rewting by Chanb"es'.
Statement of Recommended Practi￿ applicable to chanb"e8 preparing the¥ accounts in a￿ordanCe
the FInanC￿ Reports"rKJ Standard appliC￿e in the UK and RepubliG of Ir￿8￿1 (FRS 102)
(effective 1 January 2015)- Charilies SORP {FRS 1021. the FThnGial Repthng Standard appficaNe
in the UK and Republic of Ireland IFRS 102) aTrJ the Cunpanies Act 2006
Love Dunston meets the definiiion ofa publK benefft entity under FRS 102.
Asseys and liats'lities are inilialty retr)gnised at IN"storioal c%)st or transacknn value unless othervI8e
stated in the reievant accounting policy rwsl.
Log41 Stal
The organisation bpAame a Registe￿￿ ch￿ no 1204373 {CIO} on 16th August 2023.
This financiaj perKxl covers 16th August 2023 to 30th August 2024.
Funds from tt)e prewous UnincorF¥)rated Assoc4atl￿ ￿Ere tsansfeffed to the rwicharly
at the stsrt of the financia period
staff and Fmlance Worke
No staff are employed directty the Charrty. camed out by by T￿e1￿￿e[s.
Toa￿ amount paKI for fredance £65.898.
Grnnts Ro￿1¥•d
Nats"onal Lottery
Northumbria Pol¥* PCC
Gateshead Council
Gateshead Coun(al
Gateshead Council
Netherton Pa
Communty Foundation IHAF)
CommLFnty Foundation IHAF)
UFSPF (Communty Foundation }
Dunston Family Church (Xmas ￿ghts)
Glen Park (Xmas Lights)
Gateshead Council Ixmas ￿ghts)
Total Grants Recelved
65292
1729
1000
1729
7320
500
2060
8989
156
156
156
93527
Balance
Incom• Exp•ndlknr• Aug 2024
R•6trlcted Fund¥
Nth"onal Lottery
Northumbna Police PCC
Gateshead Council
Gateshead Counc41
Netherton Par
Communty Foundation IHAF)
Communty Foundation IHAF)
UFSPF Icommunty FourKlalkJn )
Dunston Famity Church (Xmas Lights)
Glen Park (Xmas LKJhtsl
Gateshead Council
Gateshead CouncAI
Total
65292
43073
37
1729
22219
740
1729
1000
7320
500
2060
8989
156
4270
3050
3745
156
5244
1729
93527
1729
62274
31253