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Annual Report
2023-2024
LIVE WELL NORTH EAST CIO
## Table of Contents
|Table of Contents||
|---|---|
|OPENING MESSAGES|01|
|COMPANY OVERVIEW|02|
|FINANCIAL HIGHLIGHT|03|
|YEAR IN REVIEW|04|
|PERFORMANCE OVERVIEW|05|
|FINANCIAL PERFORMANCE|06|
|OPERATIONAL HIGHLIGHT|07|
|CORPORATE SOCIAL RESPONSIBILITY (CSR)|08|
|HUMAN RESOURCES REPORT|09|
|INNOVATION AND R&D|10|
|FUTURE ROADMAP|11|
|OUR BEST TEAM|12|
## Message from the Trustees
The Trustees believe that our focus on Fit For Impact has allowed us to grow and bring measurable benefit to both our clients and funders.
I am pleased to report another year of good performance with an increase in funding but more importantly measurable benefits to our increased number of clients.
Following a strategic review of the charity the board has concluded that our priority is to continue to improve the measurable well being to our clients and improve the value for money to our funders. **Culture**
Central to our long term delivery against the strategy is the continued development of our culture. This is particularly important when we are recruiting to ensure that new recruits will fit with our organisation. The Board was pleased to see employees support this with a marked increase in employee engagement.
## **Executive Team**
Over the past twelve months we have had two of the team move onto other ventures and we are presently looking to replace them. Again we will ensure they have the correct skills, attitude and culture to compliment the Executive Team and the charity.
## **Financial and Operational Reporting**
The Board is mindful to create clear Financial and Operational reporting that allows the team to make decisions on the true state of the charity. As such over the past twelve months the joint CEO’s have developed the reporting to the satisfaction of the Board. The contents of these reports will continue to be monitored and modified appropriately.
.
## ALAN BALMER
Chair of Trustees
## Message from the Co-CEO’s
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EMMA CROMARTY & DEBRA FORTH
Co-CEO’s
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Our passion and drive lies in bringing people together, enabling communities to thrive, and supporting people to be empowered,. We strive to remove barriers, opening opportunities for everyone to engage in enriching activities.
This year, we take great pride in the accomplishments of our participants, our team, and the charity in its entirety.
We love being able to lead and deliver such impactful services, working closely with people through the difficulties and challenges that life can present. Building the relationships that we do with communities, we are able to support mental and physical health, social inclusion, personal development and learning, from 4 weeks old (our youngest members!) and beyond.
As we look ahead, our values of attentiveness, inclusivity, and quality will continue to guide us. We are dedicated to listening with care, celebrating diversity, and collaborating with individuals and communities to ensure their needs are met and that they receive our utmost efforts at all times.
We feel incredibly lucky and grateful to be making this difference in the community!
## Charity Overview
Live Well North East is a Charitable Incorporated Organisation based in Sacriston, Durham.
We are a charity focused on positive change that transforms people's lives for the better, providing a range of wellbeing services throughout the North East of England.
## **EMPOWERING PEOPLE ENRICHING LIVES**
## **OUR VISION**
Our vision is for a world where everyone can live well.
## **OUR MISSION**
Our mission is to empower people and communities to thrive through physically, socially, and emotionally enriching activities.
Live Well North East is motivated and driven by the impact of our work. It’s the positive change that we see in people and communities that is the most valuable and valued part of what we do. To ensure we consistently deliver positive social change we have identified four key desired outcomes which help articulate the impact that we aim to achieve:
1. Improved physical and mental health and wellbeing.
2. Children, young people, and adults are better able to cope with life’s challenges.
3. People and communities are better connected.
4. Improved support for early childhood learning and development.
## **CHARITABLE PURPOSES**
1.‘To promote and protect the physical and mental health of those in need by reason of age, ill-health, disability, socioeconomic disadvantage or financial hardship in such ways as the trustees determine.’
2. ‘To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.’
3. ‘To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.’
## **Our Four Pillars**
## Our Activities
We are an inclusive, accessible, and engaging organisation providing a person-centred, holistic approach to optimum wellbeing for all.
- Emotional Health support - teaching techniques and strategies to improve esteem, understand and regulate emotions, learn about supporting mental health; improve emotional resilience; physical activity; and holiday provision.
- Physical Health Activities - sessions including seated exercise, gentle stretch and strengthening, walking, group exercise – enhancing physical, mental and social wellbeing.
- Support for children and families with additional needs/SEND to enhance wellbeing based around the five steps to wellbeing.
- Support to enhance wellbeing based around the Five Ways to Wellbeing through multiple activities including mindfulness, physical activity, social support.
- Social connectivity activities, sessions, events and peer support groups.
## **Our Team**
**DEBRA FORTH** CO-CEO and COO
**ZOEY WILSON**
Children, Young People and SEND - Project Lead.
**EMMA CROMARTY**
CO-CEO and CFO
**JESS DAWSON**
Adult and Family Wellbeing - Project Lead.
**KATHRYN ZAND** Community Wellbeing Manager
**MICHELLE HOLBURN** Children, Young People and SEND Coach.
**MARIE PARKINSON** Fitness and Wellbeing Coach
**BETHANY-CLAIRE WHITTLE** Fitness Coach
**KAY PEARSON** Fitness Coach
**ABIGAIL COLLEDGE** Children, Young People and SEND Coach.
**RICKY WALKER** Fitness Coach
**MICHAEL HEDLEY** Boxing Coach
## **Our Live Well Centre**
The centre is a welcoming, accessible, and approachable place which enables LWNE to support the emotional and physical wellbeing of our community members. It is the ideal environment for bringing people together, supporting the improvement of their mental health, physical health, and overall wellbeing.
## **COMMUNITY SPACE**
As people come together in the shared space of enriching activities to improve wellbeing, they create connections, relationships, and bonds within the programme.
## **COMMUNITY ACTIVITIES**
Open 7 days per week, The Live Well Centre hosts a range of community activities. open to the public, based around the 5 Ways to Wellbeing.
## **SAFETY**
## **REGENERATED HISTORY**
The Live Well Centre creates a safe space for people to share the load, develop their support networks, and connect with the wider LWNE offering.
The Live Well Centre was rebuilt in October 2021-January 2022. The building were formally Old Cooperative Units dating back to 1900s
Community building , Community Wellbeing Centre.
Provision of facilities to advance mental and physical health. Open to the public to access services and activities in the interests of social welfare, social inclusion, recreation and health improvement
## **Year in Review**
A 2024 survey evaluated the impact of Live Well Centre activities with 100 individuals.
Improved physical and mental health and wellbeing.
People are better able to cope with life’s challenges.
People and communities are better connected.
Improved support for childhood learning and development.
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93
88
85
82
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Adults Early Years Children 5+
Adults
800
Children 5+
1200
Early Years
200
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## Year in Review
Throughout this period, we worked with **2530 Individuals** across all of our services, activities and events.
Percentage Male - C&YP Percentage Female - C&YP
Percentage SEND/Additional Needs - C&YP
Percentage with Poor Mental Wellbeing - C&YP Percentage Male - Adults Percentage Female - Adults Percentage with diagnosed MH Condition - Adults
Percentage struggling with mental wellbeing - Adults
Percentage not receiving support from other services - Adults
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50
50
35
20
80
34
87
84
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93
## **Emotional Health Support**
We successfully delivered a mental wellbeing program for junior and senior participants at a youth provision in County Durham. Over the duration of the program, 150 children benefited from these sessions.
We conducted weekly Yoga and Mindfulness sessions for adults within the community, offered at a subsidised rate.
We successfully delivered our weekly Relax Kids and SENsational sessions for the community on Sundays. These sessions provided children and families with opportunities to meet new individuals, engage in various activities, and learn valuable coping strategies and techniques.
## **IN SCHOOLS WE:**
- successfully established and operated a nurture programme in Brandon Academy, involving ten children from Years 1 through 5. All participants demonstrated increased confidence and were able to reintegrate into full class activities.
- conducted both a full-day and a half-day programme, during Children’s Mental Health Week, at Belmont C of E, engaging the entire school community of 300 children from nursery through Year 6. The students were highly engaged and learned effective strategies to manage their emotions and enhance their overall wellbeing.
- also implemented Wellbeing Wednesdays at Belmont C of E, delivering our wellbeing programme weekly to two year groups at a time. Over the course of the academic year, the entire school, comprising 300 children, has participated in emotional wellbeing sessions.
- engaged intervention groups of children at Stevenson Way Academy in our emotional wellbeing programme as an intervention strategy. The children thoroughly enjoyed the program and looked forward to their weekly sessions, with 60 participants benefiting from this initiative.
- delivered our emotional wellbeing programme throughout the school at St. Benet’s Roman Catholic Primary. All students have shown progress in forming friendships, regulating their emotions, and demonstrating increased confidence and resilience, with 256 children participating.
- have continued to work with small intervention groups of ten children in St. Bede's Academy, across the school, focusing on targeted support for their emotional wellbeing.
## **Emotional Health Support in education**
All children demonstrated an increase in confidence and successfully accessed the full range of class provisions once again.
Students from nursery through year 6 participated actively, engaging deeply while learning strategies to manage their emotions and enhance their overall wellbeing.
Progress was evident as all children improved in forming friendships, regulating their emotions, and developing confidence and resilience.
Identified vulnerable groups focused on understanding and managing their emotions while building resilience. Young individuals acquired techniques for emotional regulation and reported enhancements in their mental wellbeing.
Children and their families had the opportunity engage in diverse activities, and learn coping strategies and techniques. to support emotional resilience.
## **Story of Change**
J is in his late 40’s/early 50’s.
Started attending the Sunday evening mindfulness based meditate & relax class 18 months ago when he was feeling highly anxious and overwhelmed.
He felt trapped in a job that he didn’t want to be in and lacked the confidence to apply for any other. The situation also contributed to a strain in his personal relationship with his partner. As well as supporting J within sessions, he was provided with time to talk and share with coach and peers, and provided signposting advice to link him with other support services for his mental health.
At first he was very tense and didn’t know what to expect but enjoyed how soothing the sessions were. He has openly embraced every practise and technique available and has consistently returned week after week. These days he attends with said partner, and the quality of their relationship has improved (she now attends our stretch & strengthen class on a regular basis too)
His confidence has grown significantly and he started applying for new jobs that he knew were unattainable, just for the sake of practising and building his confidence- he particularly used the breathing techniques to help cope with anxiety, and has used colour therapy techniques that he learned within the classes to support his confidence and communication. His courage has significantly improved, as has his resilience and sense of self worth. He has more energy, and smiles a lot more. He told me at our latest evaluation that when he started to attend, he had thoughts of suicide, he now does not have these thoughts and feels positive about his future. His body language is evidence of this, as he generally carries himself so much better these days and can now relax easily into both meditation and guided relaxation.
It’s worth noting that he has successfully applied for and has a new job and has since been promoted within it too! His enthusiasm for life is evident and his motivation has clearly improved. He’s a great example of how someone who is given the tools and techniques to support themselves outside of classes, can improve the quality of their wellbeing and daily life. I also believe that the safe space provided at the Live Well Centre has been a sanctuary for him, and that he has found great support in attending the sessions within a group/community setting. He is one of our most supportive, grateful and enthusiastic members and is well liked within the group.
## **Physical Health Activities**
We use physical activity as a tool to support positive wellbeing. Within The Live Well Centre we offer:
- subsidised fitness classes and funded passes to reduce/eliminate cost as a barrier to exercise;
- a wide variety of sessions open to the public, from Yoga to Boxing, 6 days per week; specific sessions for parents, with free child’s play.
Our aims are to:
- Remove barriers to exercise
- Support positive mental health Bring communities of people together Increase social and support networks Improve physical health Provide inclusion physical activity options
I feel less anxious and happier when I exercise. I have made new friends and have a new social circle. I would not have had the opportunity to meet these people without LWNE.
I suffer with multiple chronic illnesses and have found the class to really help with my anxiety and stress levels and can notice a positive change after each class.
I started regularly attending following a diagnosis of sever depression. The classes helped me achieve enjoyment of my life focus of hope for the future. I feel they are integral to my being able to continue at work. The yoga class in particular was part of my treatment(CBT) I truly believe I wouldn't be as well as I am without it.
## **Physical Health Activities**
## Fitness with Child Play
Funded by County Durham Community Foundation - Poverty Hurts and National Lottery Community Fund - RC North East and Cumbria Region.
Live Well North East successfully delivered 230 Live Well Mams sessions for families. Each week in Sacriston, Co Durham, we hosted three 'Be Active' sessions and two 'Be Connected' sessions, allowing adults to participate in our subsidised activities. Thanks to funding from Poverty Hurts, we provided Free Child's Play at every session.
During the Be Connected Cuppa Time, refreshments were offered, and the Child's Play sessions included healthy snacks and refreshments for children. By staffing our Cuppa Time sessions with specialised coaches, we enabled adults to concentrate on building social networks, engaging in peer support, and receiving wellbeing coaching.
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Stronger support networks 92
Reduced anxiety 94
Feel happier 100
Improved health and wellbeing 93
Improved confidence and self esteem 92
0 20 40 60 80 100
% of people
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Over this period, we recorded an impressive total of 2,090 attendances.
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Without Fitness
with Child’s Play:
Wouldn’t be able to
attend
80%
Wouldn’t be able to
stay physically
active
64%
Mental and Physical
health would be
impacted
60%
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For us, this comment from a mam sums up the impact of the project: "The staff and volunteers at the centre are just incredible. So kind, so friendly, so supportive and really encouraging of others. you felt very confident handing over your children into the free childcare, and you knew you could turn up whatever you day had already been to a warm welcome, good chat and plenty of moral support. with the added benefit of a bit of physical movement to make you feel better immediately and long term help you recover."
It's clear from the data and the wonderful feedback and comments from members that this project has made a significant impact on the lives of many families. Our members have formed new social networks, now regularly attend other events and activities within the community in Sacriston, and have overcome so many difficult and challenging circumstances in their personal lives.
> SENsational supports children and young people **SEND** with additional needs, disabilities and neurodiversity to access wellbeing enriching activities. **Support**
This core service has developed over the years and attracted an immense level of need.
Our work centres around emotional regulation, social wellbeing, mental health, physical activity, respite activities.
Our SEND Support included:
SEND Holidays Specialist holiday provision for children with high level SEN requiring 1:2 support Providing respite for parents 26 individual children
1:1 within our integrated holiday activities.
SEND Sundays Monthly drop in sessions for children and families of children with SEND SEND Emoji’s Emotional Wellbeing Course.
## **Story of Change**
## **Coach Observations from SEND Support**
P had very little confidence and low self esteem when he came into the first session. He had his head down, was quite sad, no smiles and nothing positive to say about himself or how he felt. With each session we started to see glimpses of P, his personality and some smiles. We built a strong foundation and trust and he became comfortable and more confident telling us and the others how he feels, why and how he can react when feeling these emotions. I feel P felt comfortable to open up to us and felt this was a safe environment for him to be honest. We slowly made progress in building self esteem, confidence and self-awareness.
Being part of a shared program has definitely improved P’s confidence, children within the group have shared their individual worries and concerns and some of these have been similar, this has helped normalise the feelings and emotions experienced.
When I spoke to Mam, she was pleasantly surprised that P had opened up to us and spoke to us regarding her having cancer twice. She felt that the sessions had been beneficial for P and asked if there were more for him to attend.
The P that first entered the sessions to the P that left on the last session were quite different, the shy, no self-confidence, self/belief that we saw slowly started to fade and we saw a more confident P emerge.
I think having a safe space to be himself and speak openly was an important factor. I really feel the sessions were beneficial to him and he realised he had a voice and what he said and thought was valid and mattered.
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My favourite part about
club is making fruit kebabs!holiday
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## **Holiday Provision**
Our Holiday Provision runs every school holidays for primary age children.
## 363 individual children
## 9 weeks of provision
- The Fun and Food funding enabled us to successfully implement both our primary holiday club and our SEND only holiday club.
- We offered complimentary activities and assisted families by directing them to various support services.
- Healthy food and snacks were provided to promote nutrition.
- Daily physical activities were organized to encourage health and well-being.
- Mindfulness practices were incorporated into the holiday club, aligning with the five ways to well-being.
- We collaborated with external providers to deliver workshops in cooking, crafts, circus skills, and forest school activities.
Forest School Circus Skills Cookery sessions Clay modelling and so much more!
## **Community Events**
## **LWNE Community Fun Day**
- Bringing community together Supporting families to have a free fun day
- Free wellbeing activities Free physical wellbeing activities Free food
- Showcasing external agencies and how they can support families 300 individuals
**LWNE Fitness Fundraiser** Event to raise funds for LWNE 3 hour fitness session with over 30 people taking part!
Money raised went directly to help fund our community fun day
## **LWNE Social Fundraiser**
Evening event to raise funds for community fun day Helping to reduce social isolation and bringing our participants together for a low cost social event
## **Professional Training and Development**
This year we have delivered training and development courses for young people, Youth Sector and Community Group staff and school staff.
This has included our bespoke:
- Mental Health Ambassador training. Supporting Children and Young People’s Emotional Wellbeing & Resilience.
Mental Health, Wellbeing and Emotional Resilience Basics.
- Five Ways to Wellbeing.
## **Financial Highlights**
## **TOTAL REVENUE**
## **TOTAL EXPENSES**
## **£207,716**
## **£178,488**
Restricted Grant Income: £146,212. Unrestricted Grant Income: £3,790. Contracts and Holiday Activities: £16,823.
Education and Schools: £15,285.
Staffing and Employee Costs: £141,842. Resources: £6,798.
Venue Hire and Premises: £12,295. Legal and Professional Costs: £8,163. Core and other costs: £9,390.
Membership Activities: £12,758. Fundraising: £1,102.
Room Hire and other income: £11,745.
## **TOTAL FUNDS CARRIED FORWARD**
**£95,590**
Restricted Funds: £60,185.
Unrestricted Funds: £35,405.
## **Our Funders**
We would like to say a huge thank you to each and every one of our funders for your generous support towards our activities and services.
- The National Lottery Community Fund - Know Your Neighbourhood Fund Advancing services in relation to community support and volunteering to combat loneliness and isolation.
- The National Lottery Community Fund - RC North East and Cumbria Region Co. Durham Community Mental Wellbeing Project and Live Strong Project.
- Durham County Council - Fun and Food Healthy Activities with Food; Community Fun Day; SEND activities and support services.
- The Arnold Clark Community Fund Community Fun Day
- Albert Hunt Trust Children and Young People's activities.
- Greggs Foundation Community Funding for mental wellbeing programmes.
- Sir James Knott Children and Young People's mental wellbeing programmes.
- County Durham Community Foundation Community funding for mental wellbeing programmes and emotional health coaching; Welcome Space drop in.
- Hospital of God. Core funding for Community Wellbeing Centre activities.
- Community Foundation North East - Wellesley Trust Live Well Kids - Wellbeing club.
## **Future Roadmap** 2024-2025
## OCT-DEC
## JAN-MAY
SEND EMOTIONAL RESILIENCE BOOTCAMP WELLBEING EXPANDS TO AND MONSTER MEOTIONS NEW AREAS OF NORTH COURSES EXPAND TO NEW DURHAM. AREAS OF NORTH DURHAM.
SEND SUPPORT SERVICES EXPAND.
DEVELOPING FITNESS SESSIONS
MAY-JULY AUG-SEPT MENTAL WELLBEING AND FULL DAY MENTAL SEND SUPPORT SERVICES WELLBEING WORKSHOPS. EXPAND TO EAST DURHAM. FULL DAY HOLIDAY EXPAND OF FITNESS PROVISION. SEND HOLIDAY PROVISION . FULL TIMETABLE OF LIVE WELL CENTRE SERVICES.
## SEPT - DEC
DEVELOP SCHOOL PROVISON
FUNDED FITNESS
**Contact Us** EMAIL INFO@LIVEWELLNE.CO.UK WEBSITE WWW.LIVEWELLNE.CO.UK ADDRESS THE LIVE WELL CENTRE, SACRISTON, CO. DURHAM, DH76HJ.
## **Live Well North East**
## **Charity No. 1204999**
**Trustees' Report and Unaudited Accounts**
**01 October 2024**
**Live Well North East Contents**
||Pages|
|---|---|
|Trustees' Annual Report Independent Examiner's|2|
|Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Accounts|6|
|Detailed Statement of Financial Activities|14|
Page 1
**Live Well North East Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the year ended 1 October 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1204999**
## **Trustees**
The following trustees served during the year:
E. Bailey (Resigned 15 April 2024) A. Balmer H. Peacock-Goodwin E.C. Peverall C. Walker (Resigned 6 September 2024) S.J. Wilson
## **Accountants**
Accounting for Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne Tyne and Wear NE21 5BT
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
A. Balmer Trustee 12 June 2025
Page 2
**Live Well North East Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Live Well North East**
I report to the trustees on my examination of the financial statements of Live Well North East for the year ended 1 October 2024.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and 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 financial statements to be reached.
Kay Wightman FFA FTA Accounting for Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne Tyne and Wear NE21 5BT 12 June 2025
Page 3
**Live Well North East Statement of Financial Activities**
## **for the year ended 1 October 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Other
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income/(expenditure)**
8
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2024**|**2024**|**2024**|**2023**|
|||**£**|**£**|**£**|**£**|
|||||||
|||1|-|1|1|
|||48,656|146,212|194,868|192,879|
|||1,102|-|1,102|1,227|
|||11,745|-|11,745|1,253|
|||61,504|146,212|207,716|195,360|
|||||||
|||11,725|23,402|35,127|47,104|
|||54,874|88,487|143,361|169,942|
|||66,599|111,889|178,488|217,046|
|||-|-|-|-|
|||(5,095)|34,323|29,228|(21,686)|
|||-|-|-|-|
|||(5,095)|34,323|29,228|(21,686)|
|||||||
|||(5,095)|34,323|29,228|(21,686)|
|||||||
|||40,500|25,862|66,362|88,048|
|||35,405|60,185|95,590|66,362|
|||||||
|||||||
|||||||
Page 4
**Live Well North East Balance Sheet at 1 October 2024**
|**Charity No. 1204999**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Creditors:**Amount falling due within one year
12
**Net current assets**
**Total assets less current liabilities**
**Creditors:**Amounts falling due after more than one year
13
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
14
Restricted income funds
**Unrestricted funds**
14
General funds
**Reserves**
14
**Total funds**|**2024**
**£**
41,320
41,320
2,609
63,987
66,596
(10,751)
55,845
97,165
(1,575)
95,590
95,590
60,185
60,185
35,405
35,405
95,590|**2023**
**£**
50,429|
|---|---|---|
|||50,429
18,201
17,413|
|||35,614
(16,531)|
|||19,083
69,512
(3,150)|
|||66,362|
|||66,362|
|||25,862|
|||25,862
40,500|
|||40,500|
|||66,362|
Approved by the trustees on 12 June 2025
And signed on their behalf by:
A. Balmer Trustee 12 June 2025
Page 5
**Live Well North East Notes to the Accounts**
## **for the year ended 1 October 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 6
**Live Well North East Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Leasehold Improvements 33% Reducing Balance Plant & Machinery 33% Reducing Balance Fixtures & Fittings 20% Reducing Balance
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 7
**Live Well North East Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 8
## **Live Well North East Notes to the Accounts**
## 2 **Income from donations and legacies**
|3
**Income from charitable activities**
Grants Received
Contracts & Holiday Activities
Education & Schools
Membership
4
**Income from other trading activities**
Fundraising
5
**Other income**
Room Hire
Other Income
6
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Sessional Staff
Resources
Venue Hire
_Governance costs_|**Unrestricted**
**£**
3,790
16,823
15,285
12,758
48,656
**Unrestricted**
**£**
9,847
248
1,630
11,725|**Unrestricted**
**£**
1
1
**Restricted**
**£**
146,212
-
-
-
146,212
**Unrestricted**
**£**
1,102
1,102
**Unrestricted**
**£**
540
11,205
11,745|**Total**
**2024**
**£**
1
1
**Total**
**2024**
**£**
150,002
16,823
15,285
12,758
194,868
**Total**
**2024**
**£**
1,102
1,102
**Total**
**2024**
**£**
540
11,205
11,745|**Total**
**2023**
**£**
1|
|---|---|---|---|---|
|||||1|
|||||**Total**
**2023**
**£**
124,689
45,249
8,334
14,607|
|||||192,879|
|||||**Total**
**2023**
**£**
1,227|
|||||1,227|
|||||**Total**
**2023**
**£**
555
698|
|||||1,253|
||||||
|||**Restricted**
**£**
15,832
6,550
1,020
23,402|**Total**
**2024**
**£**
25,679
6,798
2,650
35,127|**Total**
**2023**
**£**
35,070
12,034
-|
|||||47,104|
Page 9
**Live Well North East Notes to the Accounts**
7 **Other expenditure**
|7|**Other expenditure**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**||**Restricted**|**Total**|**Total**|
||||||**2024**|**2023**|
||||**£**|**£**|**£**|**£**|
||Bank loan and overdraft
interest payable|116||-|116|390|
||Employee costs|42,272||73,891|116,163|120,452|
||Motor and travel costs|1,022||-|1,022|137|
||Premises costs|3,021||6,624|9,645|14,881|
||Amortisation, depreciation,||||||
||impairment, profit/loss on|11,311||85|11,396|14,032|
||disposal of fixed assets||||||
||General administrative costs|2,419||3,457|5,876|10,819|
||Legal and professional costs|3,733||4,430|8,163|8,523|
|||63,894||88,487|152,381|169,234|
|8|**Net income/(expenditure) before transfers**||||||
|||||**2024**||**2023**|
||This is stated after charging:|||**£**||**£**|
||Depreciation of owned fixed assets|||11,396||14,032|
||Independent Examiner's fee|||1,122||-|
||Other fees paid to the auditor
independent examiner|or||1,192||892|
|9|**Staff costs**||||||
|||||**2024**||**2023**|
||Salaries and wages|||112,432||111,729|
||Social security costs|||1,366||6,717|
||Pension costs|||78||216|
|||||113,876||118,662|
||No employee received emoluments in excess of £60,000.||||||
||The average monthly number|of full time equivalent employees||during the year was as follows:|||
|||||**2024**||**2023**|
|||||**Number**||**Number**|
||Management|||1||1|
||Service Delivery|||3||3|
|||||4||4|
The charity has an autoenrolment pension scheme administered by Smart Pension
Page 10
**Live Well North East Notes to the Accounts**
## 10 **Tangible fixed assets**
|10 **Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost or revaluation**
At 2 October 2023
Additions
At 1 October 2024
**Depreciation and**
**impairment**
At 2 October 2023
Depreciation charge for the
year
At 1 October 2024
**Net book values**
At 1 October 2024
At 1 October 2023
11 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income
12 **Creditors:**
amounts falling due within one year
Bank loans and overdrafts
Corporation tax
Other taxes and social security
Accruals
13 **Creditors:**
amounts falling due after more than one
year
Bank loans and overdrafts|**Leasehold**
**Improveme**
**nt**
**£**
60,673
-
60,673
22,619
7,092
29,711
30,962
38,054|**Plant &**
**Machinery**|**Fixtures &**
**Fittings**
**£**
23,685
1,508
25,193
11,782
4,017
15,799
9,394
11,903|**Total**
**£**
85,764
2,287|
|||**£**
1,406
779
2,185
934
287
1,221
964
472
**2024**
**£**
360
509
1,740
2,609
**2024**
**£**
1,575
80
7,972|||
|||||88,051|
|||||35,335
11,396|
|||||46,731|
|||||41,320|
|||||50,429|
|||||**2023**
**£**
17,988
213
-|
|||||18,201|
|||||**2023**
**£**
1,793
12,769
1,969|
|||1,124||-|
|||10,751
**2024**
**£**
1,575
1,575||16,531|
|||||**2023**
**£**
3,150|
|||||3,150|
Page 11
**Live Well North East Notes to the Accounts**
## 14 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
Know Your Neighbourhood
Fund
The National Lottery
Community Fund - RC North
East and Cumbria Region
Durham County Council
Fun Days
Albert Hunt Trust
Greggs Foundation
Sir James Knott
Community Foundation NE -
Wellesley Trust
Co Durham Community
Foundation
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|**At 2**
**October**
**2023**
15,725
10,137
-
-
-
-
-
-
25,862
40,500
66,362|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
10,470
53,134
14,678
900
4,000
18,663
5,000
4,884
34,483
146,212
61,504
207,716|**Resources**
**expended**
**£**
(20,212)
(52,884)
(14,490)
(900)
(2,529)
(4,093)
(1,983)
(1,988)
(12,810)
(111,889)
(66,599)
(178,488)|**At 1**
**October**
**2024**
**£**
5,983
10,387
188
-
1,471
14,570
3,017
2,896
21,673|
|---|---|---|---|---|
|||||60,185|
|||||35,405|
|||||95,590|
Purposes and restrictions in relation to the funds:
Restricted funds:
Know Your Neighbourhood Advancing services in relation to community support and volunteering to Fund combat loneliness and isolation. The National Lottery Co Durham Community Mental Wellbeing Project and Live Strong Project. Community Fund - RC North East and Cumbria Region Durham County Council Fun and Food Healthy Activities with Food. Fun Days Fun and Food Healthy Activities with Food. Albert Hunt Trust Children and Young People's activities. Greggs Foundation Community Funding for mental wellbeing programmes. Sir James Knott
Fun and Food Healthy Activities with Food. Fun and Food Healthy Activities with Food. Children and Young People's activities. Community Funding for mental wellbeing programmes. Children and Young People's mental wellbeing programmes.
Community Foundation NE - Wellesley Trust Live Well Kids - Wellbeing club. Co Durham Community Community funding for mental wellbeing programmes and emotional Foundation health coaching; Welcome Space drop in.
Page 12
**Live Well North East**
**Notes to the Accounts**
## 15 **Analysis of net assets between funds**
|Fixed assets
Net current assets
Creditors due in more than one year and
provisions
16 **Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**Unrestricted**
**funds**
**£**
41,320
53,236
(1,575)
92,981
**At 2 October**
**2023**
**£**|**Restricted**
**funds**
**£**
-
2,609
-
2,609
**Cash flows**
**£**|**Total**
**£**
41,320
55,845
(1,575)|
|---|---|---|---|
||||95,590|
||||**At 1**
**October**
**2024**
**£**|
||17,413|46,574|63,987|
||17,413
(4,943)|46,574|63,987
(3,150)|
|||1,793||
||(4,943)
12,470|1,793
48,367|(3,150)|
||||60,837|
|||||
|17 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases are as follows:
**2024**
**2024**
**Land and**
**buildings**
**Other**
**£**
**£**
Operating leases with expiry date:
**_Pension commitments_**
**2024**
**£**
The pension cost charge to the charity
amounted to:
78||**2023**
**Land and**
**buildings**
**£**|**2023**
**Other**
**£**
**2023**
**£**
216|
Page 13
**Live Well North East Detailed Statement of Financial Activities**
## **for the year ended 1 October 2024**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Grants Received
Contracts & Holiday Activities
Education & Schools
Membership
Other trading activities
Fundraising
Other
Room Hire
Other Income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Sessional Staff
Resources
Venue Hire
**Total of expenditure on charitable**
**activities**
Other expenditure
Bank loan and overdraft interest
payable
Corporation tax charge/(credit)
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff entertainment
Staff training
Staff welfare|**Unrestricte**
**d funds**
**2024**
**£**
1
1
3,790
16,823
15,285
12,758
48,656
1,102
1,102
540
11,205
11,745
61,504
9,847
248
1,630
11,725
11,725
116
(9,020)
(8,904)
39,791
873
78
405
1,125
-
42,272|**Restricted**
**funds**
**2024**
**£**
-
-
146,212
-
-
-
146,212
-
-
-
-
-
146,212
15,832
6,550
1,020
23,402
23,402
-
-
-
72,641
493
-
-
757
-
73,891|**Total funds**
**2024**
**£**
1
1
150,002
16,823
15,285
12,758
194,868
1,102
1,102
540
11,205
11,745
207,716
25,679
6,798
2,650
35,127
35,127
116
(9,020)
(8,904)
112,432
1,366
78
405
1,882
-
116,163|**Total funds**
**2023**
**£**
1|
|---|---|---|---|---|
|||||1|
|||||124,689
45,249
8,334
14,607|
|||||192,879|
|||||1,227|
|||||1,227|
|||||555
698|
|||||1,253|
|||||195,360
35,070
12,034
-|
|||||47,104|
|||||47,104
390
708|
|||||1,098|
|||||111,729
6,717
216
859
527
404|
|||||120,452|
Page 14
## **Live Well North East**
## **Detailed Statement of Financial Activities**
|Motor and travel costs
Travel and subsistence
Premises costs
Rent
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Plant &
Machinery
Depreciation of Fixtures &
Fittings
Bank charges
General insurances
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Consultancy fees
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income/(expenditure)**
**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains|1,022
1,022
-
-
35
2,986
3,021
7,092
287
3,932
135
-
-
616
1,140
356
172
13,730
1,122
-
2,591
20
3,733
54,874
66,599
-
(5,095)
(5,095)
-|-
-
-
5,015
1,397
212
6,624
-
-
85
-
996
55
548
473
269
1,116
3,542
-
1,192
3,238
-
4,430
88,487
111,889
-
34,323
34,323
-|1,022
1,022
-
5,015
1,432
3,198
9,645
7,092
287
4,017
135
996
55
1,164
1,613
625
1,288
17,272
1,122
1,192
5,829
20
8,163
143,361
178,488
-
29,228
29,228
-|137|
|---|---|---|---|---|
|||||137|
|||||4,140
6,153
1,024
3,564|
|||||14,881|
|||||7,844
236
5,952
-
2,165
51
1,671
1,645
4,407
880|
|||||24,851|
|||||-
892
7,571
60|
|||||8,523|
||||||
|||||169,942|
|||||217,046
-|
|||||(21,686)|
|||||(21,686)
-|
Page 15
## **Live Well North East Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|(5,095)
40,500
35,405|34,323
25,862
60,185|29,228
66,362
95,590|(21,686)|
|---|---|---|---|---|
|||||88,048|
|||||66,362|
Page 16
## **Live Well North East**
## **Charity No. 1204999**
**Trustees' Report and Unaudited Accounts**
**01 October 2024**
**Live Well North East Contents**
||Pages|
|---|---|
|Trustees' Annual Report Independent Examiner's|2|
|Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Accounts|6|
|Detailed Statement of Financial Activities|14|
Page 1
**Live Well North East Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the year ended 1 October 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1204999**
## **Trustees**
The following trustees served during the year:
E. Bailey (Resigned 15 April 2024) A. Balmer H. Peacock-Goodwin E.C. Peverall C. Walker (Resigned 6 September 2024) S.J. Wilson
## **Accountants**
Accounting for Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne Tyne and Wear NE21 5BT
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
A. Balmer Trustee 12 June 2025
Page 2
**Live Well North East Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Live Well North East**
I report to the trustees on my examination of the financial statements of Live Well North East for the year ended 1 October 2024.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and 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 financial statements to be reached.
Kay Wightman FFA FTA Accounting for Good CIC 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne Tyne and Wear NE21 5BT 12 June 2025
Page 3
**Live Well North East Statement of Financial Activities**
## **for the year ended 1 October 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Other
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income/(expenditure)**
8
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2024**|**2024**|**2024**|**2023**|
|||**£**|**£**|**£**|**£**|
|||||||
|||1|-|1|1|
|||48,656|146,212|194,868|192,879|
|||1,102|-|1,102|1,227|
|||11,745|-|11,745|1,253|
|||61,504|146,212|207,716|195,360|
|||||||
|||11,725|23,402|35,127|47,104|
|||54,874|88,487|143,361|169,942|
|||66,599|111,889|178,488|217,046|
|||-|-|-|-|
|||(5,095)|34,323|29,228|(21,686)|
|||-|-|-|-|
|||(5,095)|34,323|29,228|(21,686)|
|||||||
|||(5,095)|34,323|29,228|(21,686)|
|||||||
|||40,500|25,862|66,362|88,048|
|||35,405|60,185|95,590|66,362|
|||||||
|||||||
|||||||
Page 4
**Live Well North East Balance Sheet at 1 October 2024**
|**Charity No. 1204999**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Creditors:**Amount falling due within one year
12
**Net current assets**
**Total assets less current liabilities**
**Creditors:**Amounts falling due after more than one year
13
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
14
Restricted income funds
**Unrestricted funds**
14
General funds
**Reserves**
14
**Total funds**|**2024**
**£**
41,320
41,320
2,609
63,987
66,596
(10,751)
55,845
97,165
(1,575)
95,590
95,590
60,185
60,185
35,405
35,405
95,590|**2023**
**£**
50,429|
|---|---|---|
|||50,429
18,201
17,413|
|||35,614
(16,531)|
|||19,083
69,512
(3,150)|
|||66,362|
|||66,362|
|||25,862|
|||25,862
40,500|
|||40,500|
|||66,362|
Approved by the trustees on 12 June 2025
And signed on their behalf by:
A. Balmer Trustee 12 June 2025
Page 5
**Live Well North East Notes to the Accounts**
## **for the year ended 1 October 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 6
**Live Well North East Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Leasehold Improvements 33% Reducing Balance Plant & Machinery 33% Reducing Balance Fixtures & Fittings 20% Reducing Balance
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 7
**Live Well North East Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 8
## **Live Well North East Notes to the Accounts**
## 2 **Income from donations and legacies**
|3
**Income from charitable activities**
Grants Received
Contracts & Holiday Activities
Education & Schools
Membership
4
**Income from other trading activities**
Fundraising
5
**Other income**
Room Hire
Other Income
6
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Sessional Staff
Resources
Venue Hire
_Governance costs_|**Unrestricted**
**£**
3,790
16,823
15,285
12,758
48,656
**Unrestricted**
**£**
9,847
248
1,630
11,725|**Unrestricted**
**£**
1
1
**Restricted**
**£**
146,212
-
-
-
146,212
**Unrestricted**
**£**
1,102
1,102
**Unrestricted**
**£**
540
11,205
11,745|**Total**
**2024**
**£**
1
1
**Total**
**2024**
**£**
150,002
16,823
15,285
12,758
194,868
**Total**
**2024**
**£**
1,102
1,102
**Total**
**2024**
**£**
540
11,205
11,745|**Total**
**2023**
**£**
1|
|---|---|---|---|---|
|||||1|
|||||**Total**
**2023**
**£**
124,689
45,249
8,334
14,607|
|||||192,879|
|||||**Total**
**2023**
**£**
1,227|
|||||1,227|
|||||**Total**
**2023**
**£**
555
698|
|||||1,253|
||||||
|||**Restricted**
**£**
15,832
6,550
1,020
23,402|**Total**
**2024**
**£**
25,679
6,798
2,650
35,127|**Total**
**2023**
**£**
35,070
12,034
-|
|||||47,104|
Page 9
**Live Well North East Notes to the Accounts**
7 **Other expenditure**
|7|**Other expenditure**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**||**Restricted**|**Total**|**Total**|
||||||**2024**|**2023**|
||||**£**|**£**|**£**|**£**|
||Bank loan and overdraft
interest payable|116||-|116|390|
||Employee costs|42,272||73,891|116,163|120,452|
||Motor and travel costs|1,022||-|1,022|137|
||Premises costs|3,021||6,624|9,645|14,881|
||Amortisation, depreciation,||||||
||impairment, profit/loss on|11,311||85|11,396|14,032|
||disposal of fixed assets||||||
||General administrative costs|2,419||3,457|5,876|10,819|
||Legal and professional costs|3,733||4,430|8,163|8,523|
|||63,894||88,487|152,381|169,234|
|8|**Net income/(expenditure) before transfers**||||||
|||||**2024**||**2023**|
||This is stated after charging:|||**£**||**£**|
||Depreciation of owned fixed assets|||11,396||14,032|
||Independent Examiner's fee|||1,122||-|
||Other fees paid to the auditor
independent examiner|or||1,192||892|
|9|**Staff costs**||||||
|||||**2024**||**2023**|
||Salaries and wages|||112,432||111,729|
||Social security costs|||1,366||6,717|
||Pension costs|||78||216|
|||||113,876||118,662|
||No employee received emoluments in excess of £60,000.||||||
||The average monthly number|of full time equivalent employees||during the year was as follows:|||
|||||**2024**||**2023**|
|||||**Number**||**Number**|
||Management|||1||1|
||Service Delivery|||3||3|
|||||4||4|
The charity has an autoenrolment pension scheme administered by Smart Pension
Page 10
**Live Well North East Notes to the Accounts**
## 10 **Tangible fixed assets**
|10 **Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost or revaluation**
At 2 October 2023
Additions
At 1 October 2024
**Depreciation and**
**impairment**
At 2 October 2023
Depreciation charge for the
year
At 1 October 2024
**Net book values**
At 1 October 2024
At 1 October 2023
11 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income
12 **Creditors:**
amounts falling due within one year
Bank loans and overdrafts
Corporation tax
Other taxes and social security
Accruals
13 **Creditors:**
amounts falling due after more than one
year
Bank loans and overdrafts|**Leasehold**
**Improveme**
**nt**
**£**
60,673
-
60,673
22,619
7,092
29,711
30,962
38,054|**Plant &**
**Machinery**|**Fixtures &**
**Fittings**
**£**
23,685
1,508
25,193
11,782
4,017
15,799
9,394
11,903|**Total**
**£**
85,764
2,287|
|||**£**
1,406
779
2,185
934
287
1,221
964
472
**2024**
**£**
360
509
1,740
2,609
**2024**
**£**
1,575
80
7,972|||
|||||88,051|
|||||35,335
11,396|
|||||46,731|
|||||41,320|
|||||50,429|
|||||**2023**
**£**
17,988
213
-|
|||||18,201|
|||||**2023**
**£**
1,793
12,769
1,969|
|||1,124||-|
|||10,751
**2024**
**£**
1,575
1,575||16,531|
|||||**2023**
**£**
3,150|
|||||3,150|
Page 11
**Live Well North East Notes to the Accounts**
## 14 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
Know Your Neighbourhood
Fund
The National Lottery
Community Fund - RC North
East and Cumbria Region
Durham County Council
Fun Days
Albert Hunt Trust
Greggs Foundation
Sir James Knott
Community Foundation NE -
Wellesley Trust
Co Durham Community
Foundation
_Total_
**Unrestricted funds:**
**General funds**
**Total funds**|**At 2**
**October**
**2023**
15,725
10,137
-
-
-
-
-
-
25,862
40,500
66,362|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
10,470
53,134
14,678
900
4,000
18,663
5,000
4,884
34,483
146,212
61,504
207,716|**Resources**
**expended**
**£**
(20,212)
(52,884)
(14,490)
(900)
(2,529)
(4,093)
(1,983)
(1,988)
(12,810)
(111,889)
(66,599)
(178,488)|**At 1**
**October**
**2024**
**£**
5,983
10,387
188
-
1,471
14,570
3,017
2,896
21,673|
|---|---|---|---|---|
|||||60,185|
|||||35,405|
|||||95,590|
Purposes and restrictions in relation to the funds:
Restricted funds:
Know Your Neighbourhood Advancing services in relation to community support and volunteering to Fund combat loneliness and isolation. The National Lottery Co Durham Community Mental Wellbeing Project and Live Strong Project. Community Fund - RC North East and Cumbria Region Durham County Council Fun and Food Healthy Activities with Food. Fun Days Fun and Food Healthy Activities with Food. Albert Hunt Trust Children and Young People's activities. Greggs Foundation Community Funding for mental wellbeing programmes. Sir James Knott
Fun and Food Healthy Activities with Food. Fun and Food Healthy Activities with Food. Children and Young People's activities. Community Funding for mental wellbeing programmes. Children and Young People's mental wellbeing programmes.
Community Foundation NE - Wellesley Trust Live Well Kids - Wellbeing club. Co Durham Community Community funding for mental wellbeing programmes and emotional Foundation health coaching; Welcome Space drop in.
Page 12
**Live Well North East**
**Notes to the Accounts**
## 15 **Analysis of net assets between funds**
|Fixed assets
Net current assets
Creditors due in more than one year and
provisions
16 **Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**Unrestricted**
**funds**
**£**
41,320
53,236
(1,575)
92,981
**At 2 October**
**2023**
**£**|**Restricted**
**funds**
**£**
-
2,609
-
2,609
**Cash flows**
**£**|**Total**
**£**
41,320
55,845
(1,575)|
|---|---|---|---|
||||95,590|
||||**At 1**
**October**
**2024**
**£**|
||17,413|46,574|63,987|
||17,413
(4,943)|46,574|63,987
(3,150)|
|||1,793||
||(4,943)
12,470|1,793
48,367|(3,150)|
||||60,837|
|||||
|17 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases are as follows:
**2024**
**2024**
**Land and**
**buildings**
**Other**
**£**
**£**
Operating leases with expiry date:
**_Pension commitments_**
**2024**
**£**
The pension cost charge to the charity
amounted to:
78||**2023**
**Land and**
**buildings**
**£**|**2023**
**Other**
**£**
**2023**
**£**
216|
Page 13
**Live Well North East Detailed Statement of Financial Activities**
## **for the year ended 1 October 2024**
|**Income and endowments from:**
Donations and legacies
Charitable activities
Grants Received
Contracts & Holiday Activities
Education & Schools
Membership
Other trading activities
Fundraising
Other
Room Hire
Other Income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Sessional Staff
Resources
Venue Hire
**Total of expenditure on charitable**
**activities**
Other expenditure
Bank loan and overdraft interest
payable
Corporation tax charge/(credit)
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff entertainment
Staff training
Staff welfare|**Unrestricte**
**d funds**
**2024**
**£**
1
1
3,790
16,823
15,285
12,758
48,656
1,102
1,102
540
11,205
11,745
61,504
9,847
248
1,630
11,725
11,725
116
(9,020)
(8,904)
39,791
873
78
405
1,125
-
42,272|**Restricted**
**funds**
**2024**
**£**
-
-
146,212
-
-
-
146,212
-
-
-
-
-
146,212
15,832
6,550
1,020
23,402
23,402
-
-
-
72,641
493
-
-
757
-
73,891|**Total funds**
**2024**
**£**
1
1
150,002
16,823
15,285
12,758
194,868
1,102
1,102
540
11,205
11,745
207,716
25,679
6,798
2,650
35,127
35,127
116
(9,020)
(8,904)
112,432
1,366
78
405
1,882
-
116,163|**Total funds**
**2023**
**£**
1|
|---|---|---|---|---|
|||||1|
|||||124,689
45,249
8,334
14,607|
|||||192,879|
|||||1,227|
|||||1,227|
|||||555
698|
|||||1,253|
|||||195,360
35,070
12,034
-|
|||||47,104|
|||||47,104
390
708|
|||||1,098|
|||||111,729
6,717
216
859
527
404|
|||||120,452|
Page 14
## **Live Well North East**
## **Detailed Statement of Financial Activities**
|Motor and travel costs
Travel and subsistence
Premises costs
Rent
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Plant &
Machinery
Depreciation of Fixtures &
Fittings
Bank charges
General insurances
Software, IT support and related
costs
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Consultancy fees
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income/(expenditure)**
**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains|1,022
1,022
-
-
35
2,986
3,021
7,092
287
3,932
135
-
-
616
1,140
356
172
13,730
1,122
-
2,591
20
3,733
54,874
66,599
-
(5,095)
(5,095)
-|-
-
-
5,015
1,397
212
6,624
-
-
85
-
996
55
548
473
269
1,116
3,542
-
1,192
3,238
-
4,430
88,487
111,889
-
34,323
34,323
-|1,022
1,022
-
5,015
1,432
3,198
9,645
7,092
287
4,017
135
996
55
1,164
1,613
625
1,288
17,272
1,122
1,192
5,829
20
8,163
143,361
178,488
-
29,228
29,228
-|137|
|---|---|---|---|---|
|||||137|
|||||4,140
6,153
1,024
3,564|
|||||14,881|
|||||7,844
236
5,952
-
2,165
51
1,671
1,645
4,407
880|
|||||24,851|
|||||-
892
7,571
60|
|||||8,523|
||||||
|||||169,942|
|||||217,046
-|
|||||(21,686)|
|||||(21,686)
-|
Page 15
## **Live Well North East Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|(5,095)
40,500
35,405|34,323
25,862
60,185|29,228
66,362
95,590|(21,686)|
|---|---|---|---|---|
|||||88,048|
|||||66,362|
Page 16