## **Trustee Annual Report** YE Oct ‘24 - ‘25
**Live Well North East Charity No: 1204999**
## **Message from the Trustees**
The Trustees are pleased to report on another successful year for Live Well North East. Throughout the year, our focus has remained on delivering high-quality services that advance our charitable purposes. We have continued to strengthen our impact, expand our reach and demonstrate the value of our work to funders, partners and the communities we serve. The charity continued to make significant progress in delivering its charitable objectives during the year:
## **Promoting and Protecting Physical and Mental Health**
We supported children, young people, adults and the wider community to improve their physical and mental wellbeing through targeted programmes, inclusive activities and specialist support services. These initiatives have helped individuals build resilience, improve confidence and develop healthier lifestyles.
## **Providing Facilities and Support for Social Welfare and Wellbeing**
Through our Community Wellbeing Centre and inclusive approach, we have provided a safe, welcoming and accessible environment where individuals and families can connect, access support and enhance their overall wellbeing. The centre remains an important community asset, enabling people to access services and opportunities that improve quality of life.
## **Promoting Social Inclusion and Community Connection**
##
We have continued to create opportunities for people to connect, build relationships and feel part of their communities. Through our activities and services, we have helped reduce social isolation, strengthen support networks and improve access to services for those who may otherwise face barriers to participation.
The Board is encouraged by the positive outcomes achieved during the year and by the dedication, professionalism and commitment shown by our team. As demand for our services continues to increase, we remain committed to ensuring that our resources are used effectively and efficiently to maximise the benefit to those who need our support.
ALAN BALMER
Chair of Trustees
## **Impact Highlights**
Over the year we are proud to have regularly engaged with over 1800 individuals, with tens of thousands of session and activity attendances reported.
**----- Start of picture text -----**
Adults Children and Young People+
Adults
600
Children and
Young People+
1220
**----- End of picture text -----**
Improved mental health and wellbeing. Reduced anxiety
Felt happier More optimistic and empowered
Better connected Stronger support networks
Improved personal development Improved resilience
**----- Start of picture text -----**
100
94 94
92 91
87
82 83
79
**----- End of picture text -----**
## **Impact & Difference Made**
## **Improved Mental Health & Wellbeing**
94% reported improved mental wellbeing
- 92–94% experienced reduced anxiety
- 100% felt happier after participating
- 87% felt more optimistic and empowered
“I would have found my depression much harder without attending.” “My anxiety has improved because of yoga.”
“It has helped me be calmer.”
## **Reduced Isolation & Building Connections**
- 82% feel better connected to their community
- 91.5% developed stronger social support networks
- Sustained friendships and peer support continue beyond sessions
“I have made new friends… I feel happier and less isolated.”
“These sessions are my sanctuary.”
## **Strengthening Confidence & Resilience**
83% of children improved personal development
- 79% of children improved mental wellbeing and resilience 91% of adults feel more confident
- Children showing improved emotional regulation and school engagement
- Young people overcoming anxiety to join activities and build confidence
Individuals progressing into volunteering, employment and community roles
## **Impact & Difference Made**
## **Enhancing Physical Health**
- Increased fitness, mobility and energy levels
- Improved management of long-term conditions (e.g. M.E.) Support for healthy weight and strength building
- Specialist support for women’s hormonal health and postpartum recovery
Parents supported to return to fitness after childbirth
- Children gaining access to physical activity opportunities they wouldn’t otherwise have
## **Supporting Families & Removing Barriers**
- 85% said they couldn’t attend without Child’s Play 78% would struggle to stay active
- 89% said their health would be negatively impacted without support
- Parents able to prioritise self-care and wellbeing Improved parent-child relationships
- Families feeling less isolated and more supported
"These sessions are so important to me, I cannot stress the positive impact this has on my mental and physical health, my son loves coming , excellent facilities and he's made some buddies he loves the staff which do an amazing job keeping him entertained."
"I would have found my depression much harder without attending the class. I don't think I would have been able to return to work as quickly or feel as positive about myself."
“She is more confident… less anxious.”
“I joined the football team. I was too scared before.”
## **Impact & Difference Made**
The children and young people involved in our activities really enjoy their time to be themselves, explore their emotions and learn new skills which develops their resilience. We do this is a way that is engaging, practical and creative e.g. using craft activities, movement and games themed with emotional regulation. Framing mental wellbeing improvement in this way allows for deeply embedded practices to be learnt creating lasting change.
Our Children and Young People’s quotes demonstrate the benefits they have experienced:
“I can talk to my family about my worries better.”
“It has helped me be more calm and lower my stress levels.”
“It has helped me not worry so much.”
“It has helped me when I am angry and upset.”
“I have enjoyed the stretches, hand massages and the relaxation because it has made me calm and peaceful and has helped me to control my emotions.”
## **Impact & Difference Made**
Parents are all so appreciative of the support that is being given and sharing the impact that they have felt for their children but also for themselves. Parents are interested in what has been covered in the session for CYP and how they can continue to give the support at home. Parents tell us that their home life is calmer, they themselves feel less stressed, and the bond and connection with their children has improved.
“I think hearing from other people that she is amazing how she is and it's not just coming from me, she accepts that more. Also, the relaxation side has made her want to do more calming things like yoga, mindfulness, writing down her thoughts, which help to reduce the melt downs.” Parent.
- “R is willing to share her feelings more. Attending group with children experiencing similar things made her see she is not alone and knowing more about emotions helping her identify how she is feeling.” Parent.
“J seems to be more relaxed in herself and able to describe how she is feeling when upset, anxious, happy/excited.” Parent.
“Children with SEND have been given a safe space to be themselves, be listened to and supported with their health and wellbeing, this is invaluable and there needs to be so much more available.” Parent.
## **Promoting and Protecting Physical and Mental Heath**
This year, we supported children, young people and the wider community to improve their physical and mental wellbeing through targeted programmes, inclusive activities and specialist support.
## **Youth Emotional Health & Resilience**
- Delivered programmes across multiple community venues Supported children & young people through structured 6‐12week courses Expanded delivery into East Durham, reaching new communities Focused on building emotional regulation, resilience and confidence Provided inclusive groups and targeted support for groups with diverse needs including traumaexperience, neurodiversity.
## **Mentally Healthy Schools**
- Worked with over 630 pupils across primary schools Delivered whole-school wellbeing initiatives, including Children’s Mental Health Week
- Provided weekly wellbeing sessions, ensuring all pupils accessed support across the academic year
- Delivered targeted interventions for smaller groups needing additional support
- Outcomes included improved emotional regulation, friendships, confidence and resilience
## **Health & Wellbeing Support**
- Delivered one-to-one and small group coaching to support individual health goals Ran physical wellbeing activities including group exercise and yoga Delivered community workshops (e.g. menopause awareness, healthy eating) in partnership with local services
## **Workforce Development & Training**
- Trained 55+ professionals and students across the region Including Supporting children with additional needs and Children and young people’s emotional wellbeing
- Worked with schools, youth organisations and further education providers to build local capacity and skills
## **Holiday Activities & Family Support**
- Delivered 9 weeks of children’s holiday provision with:
- Healthy meals and snacks Daily physical activities
- Mindfulness sessions based on the 5 Ways to Wellbeing Worked with partners to deliver creative, cooking and sports workshops
## **Community Wellbeing & Early Support**
- Ran drop-in sessions and “cuppa time” support
- Provided peer and professional support for individuals and families Supported needs related to:
- Bereavement
- Domestic instability
- Health and employment challenges
## **Providing Facilities and Support for Social Welfare and Wellbeing**
Through our community wellbeing centre and inclusive approach, we have created a welcoming space where individuals and families can connect, access support and improve their overall wellbeing.
## **The Live Well Centre – A Community Hub**
- Delivered a full timetable of social, emotional, physical and mental wellbeing activities
- Provided a safe, welcoming space for individuals and families
- Supported people to build friendships, confidence and routine Regular activities included:
- Yoga, mindfulness and relaxation sessions
- Cardiovascular, strength and mobility exercise classes
- Children and young people’s wellbeing and resilience programmes
- Social groups and “cuppa time” peer support sessions Family sessions and free play opportunities Targeted sessions (LGBT+, women and girls)
## **Inclusive & Person-Centred Approach**
- Removed barriers through open-
- access and self-referral services
- No waiting lists or eligibility restrictions
- Focused on co-design and community empowerment Delivered non-judgemental, tailored support to meet individual needs Provided support from first contact through ongoing engagement
## **Specialist SEND Support**
- Delivered specialist holiday
- programmes for children with highlevel SEND
- Provided 1:2 and 1:1 support, ensuring accessibility and inclusion
- Supported 26 children across funded and in-house provision Offered respite for parents and carers
- Enabled children to safely access fun, structured activities
## **Partnership Working**
- Hosted a range of community and private sector organisations, including:
- Creative Allsorts NE CIC
- If U Care Share
- Wellbeing for Life Baby Bloom and Pilates providers
- Expanded access to specialist services and activities within the centre
## **Supporting Those Most in Need**
- Provided facilities and tailored
- support for individuals facing:
- Social isolation
- Health challenges Financial hardship
- Ensured everyone could access opportunities to improve their wellbeing and quality of life
## **Promoting Social Inclusion, access to services and connecting people and communities**
We created opportunities for people to connect, build relationships and feel part of their community, reducing isolation and strengthening support networks.
## **Reducing Isolation & Improved Wellbeing**
- 92.5% reported improved physical and mental wellbeing, including:
- Increased happiness Reduced anxiety
- Improved quality of life
- Greater confidence and self-esteem
- 82% reported feeling better connected, with:
- Stronger community ties Reduced isolation
- Improved social interaction More positive relationships and support networks
- Many participants continued friendships beyond sessions, creating lasting community connections
## **Family & Community Support**
- Delivered Cuppa Time and Child’s Play sessions with refreshments provided Enabled parents and carers to:
- Build peer support networks Access wellbeing coaching and guidance
- Supported families facing challenges such as:
- Postnatal recovery Returning to work Financial pressures and domestic difficulties
- Built long-term relationships, supporting children’s development from early weeks of life
## **Creating Opportunities to Connect**
- Designed activities and timetables to encourage peer-to-peer connection
- Built in dedicated time for social interaction and relationship building Supported people to meet others, share experiences and feel less alone Feedback highlights:
- “I have met new friends… I feel happier and less isolated.”
- “I enjoy the social aspect… I can bring my grandchild and connect with others.”
## **Inclusive Youth Activities**
- Delivered inclusive programmes for children and young people with SEND and neurodiversity
- Provided adapted activities to support social skills and peer connection Created safe, welcoming spaces for those often excluded from mainstream provision
- Delivered support for families facing financial hardship and care experienced children and families. Delivered children’s wellbeing and resilience programmes that:
- Encouraged peer connection and shared experience
- Helped children understand they are not alone
- Strengthened family relationships and confidence in supporting wellbeing at home
## **Funding**
**We couldn’t do it without the generous grant funding and donations we have received, of which we are so grateful:**
**Sir James Knott** - Children and Young People's mental wellbeing programmes.
**The National Lottery Community Fund -** RC North East and Cumbria Region - Co Durham Community Mental Wellbeing Project - empowering people and communities to thrive through socially, emotionally and physically enriching activities.
Know Your Neighbourhood - carried over - Advancing services in relation to community support and volunteering to combat loneliness and isolation.
**Greggs Foundation** - Community Funding for mental wellbeing programmes.
## **Point North / Co Durham Community Foundation** -
Community Grant - Supporting Live Well Families programme.
EDF Energy Langley Wind Farm Community Benefits Fund - Community Fun Day Health Improvement - brought forward - Community funding for mental wellbeing programmes and emotional health coaching.
Poverty Hurts - brought forward - Physical, social and mental wellbeing programme for parents and children - FitMams.
PCN - brought forward - Community funding for mental wellbeing programmes and emotional health coaching.
## **Community Foundation North East -**
Northumberland VIllage Homes Trust - emotional health interventions for children and young people living in deprived communities within County Durham.
The 1989 Wilian Charitable Trust - community mental health and wellbeing work in County Durham.
**Durham County Council** - Fun and Food - Holiday Provision for children with SEN/D needs and children in receipt of Free School Meals. SEND Empowering Inclusive Communities. AAP Area Budget - Live Well Kids - carried over - Inclusive social and emotional wellbeing group for 5-11 year olds.
AAP Neighbourhood Budget - Capital - Electrics and office furniture.
**Albert Hunt** - brought forward - Children and Young People's mental wellbeing programmes.
**Ring - Sported** - Inclusive Community Boxing and Fitness sessions.
**Sacriston Parish Council** - Live Well Holiday Club.
**Contact Us Live Well North East Email: info@livewellne.co.uk Website: www.livewellne.co.uk Socials: @LiveWellNE**
Live Well North East is a Registered Charity in England & Wales (Charity No. 1204999). We are dedicated to improving wellbeing and community health through accessible, high-quality support, services and activities.
## **Live Well North East**
## **Charity No. 1204999**
**Trustees' Report and Unaudited Accounts**
**01 October 2025**
**Live Well North East Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Statement of Cash flows|16|
|Notes to the Accounts|6 to 15|
|Detailed Statement of Financial Activities|17 to 19|
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 2025.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1204999**
## **Trustees**
The following trustees served during the year:
A. Balmer
H. Peacock-Goodwin
E.C. Peverall
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 23 July 2026
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 2025.
## **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 23 July 2026
Page 3
**Live Well North East Statement of Financial Activities**
## **for the year ended 1 October 2025**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other
6
**Total**
**Expenditure on:**
Charitable activities
7
Other
8
**Total**
Net gains on investments
**Net income**
9
Transfers between funds
**Net income 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**|
|---|---|---|---|---|---|
|||**2025**|**2025**|**2025**|**2024**|
|||**£**|**£**|**£**|**£**|
|||||||
|||-|-|-|1|
|||38,372|164,229|202,601|194,868|
|||645|-|645|1,102|
|||17,897|-|17,897|11,745|
|||56,914|164,229|221,143|207,716|
|||||||
|||21,648|84,783|106,431|65,116|
|||31,619|80,940|112,559|113,372|
|||53,267|165,723|218,990|178,488|
|||-|-|-|-|
|||3,647|(1,494)|2,153|29,228|
|||2,802|(2,802)|-|-|
|||6,449|(4,296)|2,153|29,228|
|||||||
|||6,449|(4,296)|2,153|29,228|
|||||||
|||35,405|60,185|95,590|66,362|
|||41,854|55,889|97,743|95,590|
|||||||
|||||||
|||||||
Page 4
**Live Well North East Balance Sheet at 1 October 2025**
|**Charity No. 1204999**
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
**Creditors:**Amount falling due within one year
13
**Net current assets**
**Total assets less current liabilities**
**Creditors:**Amounts falling due after more than one year
14
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
**Unrestricted funds**
15
General funds
Designated funds
**Reserves**
15
**Total funds**
Approved by the trustees on 23 July 2026|**2025**
**£**
34,548
34,548
5,163
61,602
66,765
(3,570)
63,195
97,743
-
97,743
97,743
55,889
55,889
39,466
2,388
41,854
97,743|**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|
||||
And signed on their behalf by:
A. Balmer Trustee 23 July 2026
Page 5
**Live Well North East Notes to the Accounts**
## **for the year ended 1 October 2025**
- 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 which expenditure 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:
Freehold property 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 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
4
**Income from charitable activities**
Grants Received
Contracts & Holiday Activities
Education & Schools
Membership|**Unrestricted**
**£**
800
16,120
8,920
12,532
38,372|**Unrestricted**
**funds**
**2024**
**£**
1
48,656
1,102
11,745
61,504
11,725
54,874
66,599
(5,095)
(5,095)
(5,095)
40,500
35,405
**Restricted**
**£**
164,229
-
-
-
164,229|**Restricted**
**funds**
**2024**
**£**
-
146,212
-
-
146,212
23,402
88,487
111,889
34,323
34,323
34,323
25,862
60,185
**Total**
**2025**
**£**
-
-
**Total**
**2025**
**£**
165,029
16,120
8,920
12,532
202,601|**Total funds**
**2024**
**£**
1
194,868
1,102
11,745|
|||||207,716
35,127
143,361|
|||||178,488|
|||||29,228|
|||||29,228|
|||||29,228
66,362|
|||||95,590|
|||||**Total**
**2024**
**£**
1|
|||||1|
|||||**Total**
**2024**
**£**
150,002
16,823
15,285
12,758|
|||||194,868|
Page 9
**Live Well North East**
## **Notes to the Accounts**
## 5 **Income from other trading activities**
|5|**Income from other trading activities**|||||||
|---|---|---|---|---|---|---|---|
||||**Unrestricted**||**Total**||**Total**|
||||||**2025**||**2024**|
||||**£**||**£**||**£**|
||Fundraising||645||645||1,102|
||||645||645||1,102|
|6|**Other income**|||||||
||||**Unrestricted**||**Total**||**Total**|
||||||**2025**||**2024**|
||||**£**||**£**||**£**|
||Room Hire||1,605||1,605||540|
||Other Income||16,292||16,292||11,205|
||||17,897||17,897||11,745|
|7|**Expenditure on charitable activities**|||||||
|||**Unrestricted**|**Restricted**||**Total**||**Total**|
||||||**2025**||**2024**|
|||**£**|**£**||**£**||**£**|
||_Expenditure on charitable_|||||||
||_activities_|||||||
||Sessional Staff|18,524|6,179||24,703||25,679|
||Resources|2,181|4,190||6,371||6,798|
||Venue Hire|943|1,038||1,981||2,650|
||Delivery Staff Salary Costs|-|73,376||73,376||29,989|
||_Governance costs_|||||||
|||21,648|84,783||106,431||65,116|
|8|**Other expenditure**|||||||
|||**Unrestricted**|**Restricted**||**Total**||**Total**|
||||||**2025**||**2024**|
|||**£**|**£**||**£**||**£**|
||Bank loan and overdraft
interest payable|58|-||58||116|
||Employee costs|9,524|73,713||83,237||86,174|
||Motor and travel costs|-|-||-||1,022|
||Premises costs|3,991|2,194||6,185||9,645|
||Amortisation, depreciation,|||||||
||impairment, profit/loss on|9,846|-||9,846||11,396|
||disposal of fixed assets|||||||
||General administrative costs|4,006|1,984||5,990||5,876|
||Legal and professional costs|4,194|3,049||7,243||8,163|
|||31,619|80,940||112,559||122,392|
Page 10
**Live Well North East Notes to the Accounts**
## 9 **Net income before transfers**
|This is stated after charging:
Depreciation of owned fixed assets
10 **Staff costs**
Salaries and wages
Social security costs
Pension costs|**2025**
**£**
9,846
**2025**
148,455
6,689
544
155,688|**2024**
**£**
11,396
**2024**
112,432
1,366
78|
|---|---|---|
|||113,876|
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
|Management
Service Delivery|**2025**
**Number**
1
4
5|**2024**
**Number**
1
3|
|---|---|---|
|||4|
The charity has an autoenrolment pension scheme administered by Smart Pension
## 11 **Tangible fixed assets**
|11 **Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost or revaluation**
At 2 October 2024
Additions
At 1 October 2025
**Depreciation and**
**impairment**
At 2 October 2024
Depreciation charge for the
year
At 1 October 2025
**Net book values**
At 1 October 2025
At 1 October 2024
12 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income|**Land and**
**buildings**
**£**
60,673
700
61,373
29,711
5,800
35,511
25,862
30,962|**Plant &**
**Machinery**|**Fixtures &**
**Fittings**
**£**
25,193
2,160
27,353
15,799
3,671
19,470
7,883
9,394|**Total**
**£**
88,051
3,074|
|||**£**
2,185
214
2,399
1,221
375
1,596
803
964
**2025**
**£**
2,960
7
2,196
5,163|||
|||||91,125|
|||||46,731
9,846|
|||||56,577|
|||||34,548|
|||||41,320|
|||||**2024**
**£**
360
509
1,740|
|||||2,609|
Page 11
**Live Well North East Notes to the Accounts**
## 13 **Creditors:**
|13 **Creditors:**|||
|---|---|---|
|amounts falling due within one year
Bank loans and overdrafts
Corporation tax
Other taxes and social security
Accruals
14 **Creditors:**
amounts falling due after more than one year
Bank loans and overdrafts|**2025**
**£**
1,350
80
2,140|**2024**
**£**
1,575
80
7,972|
||-|1,124|
||3,570
**2025**
**£**
-
-|10,751|
|||**2024**
**£**
1,575|
|||1,575|
Page 12
**Live Well North East Notes to the Accounts**
## 15 **Movement in funds**
|**Movement in funds**||||||
|---|---|---|---|---|---|
||**At 2 October**
**2024**
5,983
10,387
188
21,673
1,471
14,570
3,017
2,896
-
-
-
-
-
-
-
60,185
35,405
-
-
95,590|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
-
89,955
11,972
-
-
19,223
5,000
-
9,980
7,000
2,000
4,702
8,786
3,111
2,500
164,229
56,914
-
-
221,143|**Resources**
**expended**
**£**|**Gross**
**transfers**
**£**
-
-
(188)
-
-
30
57
13
-
3
64
75
78
(2,934)
-
(2,802)
(272)
3,074
3,074
-|**At 1**
**October**
**2025**
**£**
-
10,412
4,476
642
-
12,699
2,977
-
8,290
6,283
110
3,606
5,018
-
1,376|
|**Restricted funds:**
**Restricted income funds:**
Know Your Neighbourhood
Fund
The National Lottery
Community Fund - RC North
East and Cumbria Region
Durham County Council
Co Durham Community
Foundation
Albert Hunt Trust
Greggs Foundation
Sir James Knott
Wellesley
Willan Trust
PN Community
Co Durham Fun Day
CF Northumberland
DCC AAP AB
DCC AAP Capital
Sported
_Total_
**Unrestricted funds:**
**General funds**
**Designated funds:**
Assets Purchased from Grant
Funds
_Total_
**Total funds**||||||
||||(5,983)|||
||||(89,930)|||
||||(7,496)|||
||||(21,031)|||
||||(1,471)|||
||||(21,124)|||
||||(5,097)|||
||||(2,909)
(1,690)
(720)
(1,954)
(1,171)
(3,846)
(177)
(1,124)|||
|||||||
||||(165,723)
(52,581)
(686)
(686)
(218,990)|||
||||||55,889|
||||||39,466
2,388|
||||||2,388|
|||||||
||||||97,743|
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.
Page 13
**Live Well North East Notes to the Accounts**
|**Well North East**
**es to the Accounts**||
|---|---|
|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.|
|Co Durham Community|Fun and Food Healthy Activities with Food.|
|Foundation||
|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.|
|Designated funds:||
|Assets Purchased from Grant||
|Funds||
## 16 **Analysis of net assets between funds**
|Fixed assets
Net current assets
17 **Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**Unrestricted**
**funds**
**£**
34,548
58,032
92,580
**At 2 October**
**2024**
**£**|**Restricted**
**funds**
**£**
-
5,163
5,163
**Cash flows**
**£**|**Total**
**£**
34,548
63,195|
|---|---|---|---|
||||97,743|
||||**At 1**
**October**
**2025**
**£**|
||63,987|(2,385)|61,602|
||63,987
(3,150)|(2,385)|61,602
(1,350)|
|||1,800||
||(3,150)
60,837|1,800
(585)|(1,350)|
||||60,252|
|||||
|18 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases
**2025**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the charity
amounted to:|are as follows:
**2025**
**Other**
**£**
**2025**
**£**
544|**2024**
**Land and**
**buildings**
**£**|**2024**
**Other**
**£**
**2024**
**£**
78|
Page 14
Live Well North Easl
Note$ to the A¢¢ounl$
Page 15
**Live Well North East Statement of Cash flows for the year ended 1 October 2025**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
(Increase)/Decrease in trade and other receivables
Decrease in trade and other payables
**Net cash (used in)/provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash from investing activities**
**Cash flows from financing activities**
Repayment of borrowings
**Net cash used in financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2025**
**£**
2,153
9,846
(17,897)
(2,554)
(6,956)
(15,408)
(3,074)
17,897
14,823
(1,800)
(1,800)
(2,385)
63,987
61,602|**2024**
**£**
29,228
11,396
(11,745)
15,592
(5,562)|
|---|---|---|
|||38,909
(2,287)
11,745|
|||9,458|
|||(1,793)|
|||(1,793)|
||||
|||46,574|
|||17,413|
|||63,987|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|61,602|63,987|
||||
||61,602|63,987|
Page 16
**Live Well North East Detailed Statement of Financial Activities**
## **for the year ended 1 October 2025**
|**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
Delivery Staff Salary Costs
**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**
**2025**
**£**
-
-
800
16,120
8,920
12,532
38,372
645
645
1,605
16,292
17,897
56,914
18,524
2,181
943
-
21,648
21,648
58
-
58
8,169
241
465
-
340
309|**Restricted**
**funds**
**2025**
**£**
-
-
164,229
-
-
-
164,229
-
-
-
-
-
164,229
6,179
4,190
1,038
73,376
84,783
84,783
-
-
-
66,910
6,448
79
-
276
-|**Total funds**
**2025**
**£**
-
-
165,029
16,120
8,920
12,532
202,601
645
645
1,605
16,292
17,897
221,143
24,703
6,371
1,981
73,376
106,431
106,431
58
-
58
75,079
6,689
544
-
616
309|**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
29,989|
|||||65,116|
|||||65,116
116
(9,020)|
|||||(8,904)|
|||||82,443
1,366
78
405
1,882
-|
Page 17
## **Live Well North East Detailed Statement of Financial Activities**
|Travel and subsistence
Premises costs
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**
Transfers between funds
**Net income before other**
**gains/(losses)**
Other Gains|9,524
-
-
1,457
1,677
857
3,991
5,800
375
3,671
-
1,834
283
225
657
38
969
13,852
-
-
3,367
827
4,194
31,619
53,267
-
3,647
2,802
6,449
-|73,713
-
-
1,342
590
262
2,194
-
-
-
-
-
216
157
620
11
980
1,984
1,122
1,033
842
52
3,049
80,940
165,723
-
(1,494)
(2,802)
(4,296)
-|83,237
-
-
2,799
2,267
1,119
6,185
5,800
375
3,671
-
1,834
499
382
1,277
49
1,949
15,836
1,122
1,033
4,209
879
7,243
112,559
218,990
-
2,153
-
2,153
-|86,174|
|---|---|---|---|---|
|||||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|
||||||
|||||113,372|
|||||178,488
-|
|||||29,228
-|
|||||29,228
-|
Page 18
## **Live Well North East Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|6,449
35,405
41,854|(4,296)
60,185
55,889|2,153
95,590
97,743|29,228|
|---|---|---|---|---|
|||||66,362|
|||||95,590|
Page 19
## **Live Well North East**
## **Charity No. 1204999**
**Trustees' Report and Unaudited Accounts**
**01 October 2025**
**Live Well North East Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Statement of Cash flows|16|
|Notes to the Accounts|6 to 15|
|Detailed Statement of Financial Activities|17 to 19|
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 2025.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1204999**
## **Trustees**
The following trustees served during the year:
A. Balmer
H. Peacock-Goodwin
E.C. Peverall
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 23 July 2026
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 2025.
## **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 23 July 2026
Page 3
**Live Well North East Statement of Financial Activities**
## **for the year ended 1 October 2025**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other
6
**Total**
**Expenditure on:**
Charitable activities
7
Other
8
**Total**
Net gains on investments
**Net income**
9
Transfers between funds
**Net income 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**|
|---|---|---|---|---|---|
|||**2025**|**2025**|**2025**|**2024**|
|||**£**|**£**|**£**|**£**|
|||||||
|||-|-|-|1|
|||38,372|164,229|202,601|194,868|
|||645|-|645|1,102|
|||17,897|-|17,897|11,745|
|||56,914|164,229|221,143|207,716|
|||||||
|||21,648|84,783|106,431|65,116|
|||31,619|80,940|112,559|113,372|
|||53,267|165,723|218,990|178,488|
|||-|-|-|-|
|||3,647|(1,494)|2,153|29,228|
|||2,802|(2,802)|-|-|
|||6,449|(4,296)|2,153|29,228|
|||||||
|||6,449|(4,296)|2,153|29,228|
|||||||
|||35,405|60,185|95,590|66,362|
|||41,854|55,889|97,743|95,590|
|||||||
|||||||
|||||||
Page 4
**Live Well North East Balance Sheet at 1 October 2025**
|**Charity No. 1204999**
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
**Creditors:**Amount falling due within one year
13
**Net current assets**
**Total assets less current liabilities**
**Creditors:**Amounts falling due after more than one year
14
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
15
Restricted income funds
**Unrestricted funds**
15
General funds
Designated funds
**Reserves**
15
**Total funds**
Approved by the trustees on 23 July 2026|**2025**
**£**
34,548
34,548
5,163
61,602
66,765
(3,570)
63,195
97,743
-
97,743
97,743
55,889
55,889
39,466
2,388
41,854
97,743|**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|
||||
And signed on their behalf by:
A. Balmer Trustee 23 July 2026
Page 5
**Live Well North East Notes to the Accounts**
## **for the year ended 1 October 2025**
- 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 which expenditure 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:
Freehold property 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 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**|||||
|---|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
4
**Income from charitable activities**
Grants Received
Contracts & Holiday Activities
Education & Schools
Membership|**Unrestricted**
**£**
800
16,120
8,920
12,532
38,372|**Unrestricted**
**funds**
**2024**
**£**
1
48,656
1,102
11,745
61,504
11,725
54,874
66,599
(5,095)
(5,095)
(5,095)
40,500
35,405
**Restricted**
**£**
164,229
-
-
-
164,229|**Restricted**
**funds**
**2024**
**£**
-
146,212
-
-
146,212
23,402
88,487
111,889
34,323
34,323
34,323
25,862
60,185
**Total**
**2025**
**£**
-
-
**Total**
**2025**
**£**
165,029
16,120
8,920
12,532
202,601|**Total funds**
**2024**
**£**
1
194,868
1,102
11,745|
|||||207,716
35,127
143,361|
|||||178,488|
|||||29,228|
|||||29,228|
|||||29,228
66,362|
|||||95,590|
|||||**Total**
**2024**
**£**
1|
|||||1|
|||||**Total**
**2024**
**£**
150,002
16,823
15,285
12,758|
|||||194,868|
Page 9
**Live Well North East**
## **Notes to the Accounts**
## 5 **Income from other trading activities**
|5|**Income from other trading activities**|||||||
|---|---|---|---|---|---|---|---|
||||**Unrestricted**||**Total**||**Total**|
||||||**2025**||**2024**|
||||**£**||**£**||**£**|
||Fundraising||645||645||1,102|
||||645||645||1,102|
|6|**Other income**|||||||
||||**Unrestricted**||**Total**||**Total**|
||||||**2025**||**2024**|
||||**£**||**£**||**£**|
||Room Hire||1,605||1,605||540|
||Other Income||16,292||16,292||11,205|
||||17,897||17,897||11,745|
|7|**Expenditure on charitable activities**|||||||
|||**Unrestricted**|**Restricted**||**Total**||**Total**|
||||||**2025**||**2024**|
|||**£**|**£**||**£**||**£**|
||_Expenditure on charitable_|||||||
||_activities_|||||||
||Sessional Staff|18,524|6,179||24,703||25,679|
||Resources|2,181|4,190||6,371||6,798|
||Venue Hire|943|1,038||1,981||2,650|
||Delivery Staff Salary Costs|-|73,376||73,376||29,989|
||_Governance costs_|||||||
|||21,648|84,783||106,431||65,116|
|8|**Other expenditure**|||||||
|||**Unrestricted**|**Restricted**||**Total**||**Total**|
||||||**2025**||**2024**|
|||**£**|**£**||**£**||**£**|
||Bank loan and overdraft
interest payable|58|-||58||116|
||Employee costs|9,524|73,713||83,237||86,174|
||Motor and travel costs|-|-||-||1,022|
||Premises costs|3,991|2,194||6,185||9,645|
||Amortisation, depreciation,|||||||
||impairment, profit/loss on|9,846|-||9,846||11,396|
||disposal of fixed assets|||||||
||General administrative costs|4,006|1,984||5,990||5,876|
||Legal and professional costs|4,194|3,049||7,243||8,163|
|||31,619|80,940||112,559||122,392|
Page 10
**Live Well North East Notes to the Accounts**
## 9 **Net income before transfers**
|This is stated after charging:
Depreciation of owned fixed assets
10 **Staff costs**
Salaries and wages
Social security costs
Pension costs|**2025**
**£**
9,846
**2025**
148,455
6,689
544
155,688|**2024**
**£**
11,396
**2024**
112,432
1,366
78|
|---|---|---|
|||113,876|
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
|Management
Service Delivery|**2025**
**Number**
1
4
5|**2024**
**Number**
1
3|
|---|---|---|
|||4|
The charity has an autoenrolment pension scheme administered by Smart Pension
## 11 **Tangible fixed assets**
|11 **Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost or revaluation**
At 2 October 2024
Additions
At 1 October 2025
**Depreciation and**
**impairment**
At 2 October 2024
Depreciation charge for the
year
At 1 October 2025
**Net book values**
At 1 October 2025
At 1 October 2024
12 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income|**Land and**
**buildings**
**£**
60,673
700
61,373
29,711
5,800
35,511
25,862
30,962|**Plant &**
**Machinery**|**Fixtures &**
**Fittings**
**£**
25,193
2,160
27,353
15,799
3,671
19,470
7,883
9,394|**Total**
**£**
88,051
3,074|
|||**£**
2,185
214
2,399
1,221
375
1,596
803
964
**2025**
**£**
2,960
7
2,196
5,163|||
|||||91,125|
|||||46,731
9,846|
|||||56,577|
|||||34,548|
|||||41,320|
|||||**2024**
**£**
360
509
1,740|
|||||2,609|
Page 11
**Live Well North East Notes to the Accounts**
## 13 **Creditors:**
|13 **Creditors:**|||
|---|---|---|
|amounts falling due within one year
Bank loans and overdrafts
Corporation tax
Other taxes and social security
Accruals
14 **Creditors:**
amounts falling due after more than one year
Bank loans and overdrafts|**2025**
**£**
1,350
80
2,140|**2024**
**£**
1,575
80
7,972|
||-|1,124|
||3,570
**2025**
**£**
-
-|10,751|
|||**2024**
**£**
1,575|
|||1,575|
Page 12
**Live Well North East Notes to the Accounts**
## 15 **Movement in funds**
|**Movement in funds**||||||
|---|---|---|---|---|---|
||**At 2 October**
**2024**
5,983
10,387
188
21,673
1,471
14,570
3,017
2,896
-
-
-
-
-
-
-
60,185
35,405
-
-
95,590|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
-
89,955
11,972
-
-
19,223
5,000
-
9,980
7,000
2,000
4,702
8,786
3,111
2,500
164,229
56,914
-
-
221,143|**Resources**
**expended**
**£**|**Gross**
**transfers**
**£**
-
-
(188)
-
-
30
57
13
-
3
64
75
78
(2,934)
-
(2,802)
(272)
3,074
3,074
-|**At 1**
**October**
**2025**
**£**
-
10,412
4,476
642
-
12,699
2,977
-
8,290
6,283
110
3,606
5,018
-
1,376|
|**Restricted funds:**
**Restricted income funds:**
Know Your Neighbourhood
Fund
The National Lottery
Community Fund - RC North
East and Cumbria Region
Durham County Council
Co Durham Community
Foundation
Albert Hunt Trust
Greggs Foundation
Sir James Knott
Wellesley
Willan Trust
PN Community
Co Durham Fun Day
CF Northumberland
DCC AAP AB
DCC AAP Capital
Sported
_Total_
**Unrestricted funds:**
**General funds**
**Designated funds:**
Assets Purchased from Grant
Funds
_Total_
**Total funds**||||||
||||(5,983)|||
||||(89,930)|||
||||(7,496)|||
||||(21,031)|||
||||(1,471)|||
||||(21,124)|||
||||(5,097)|||
||||(2,909)
(1,690)
(720)
(1,954)
(1,171)
(3,846)
(177)
(1,124)|||
|||||||
||||(165,723)
(52,581)
(686)
(686)
(218,990)|||
||||||55,889|
||||||39,466
2,388|
||||||2,388|
|||||||
||||||97,743|
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.
Page 13
**Live Well North East Notes to the Accounts**
|**Well North East**
**es to the Accounts**||
|---|---|
|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.|
|Co Durham Community|Fun and Food Healthy Activities with Food.|
|Foundation||
|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.|
|Designated funds:||
|Assets Purchased from Grant||
|Funds||
## 16 **Analysis of net assets between funds**
|Fixed assets
Net current assets
17 **Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**Unrestricted**
**funds**
**£**
34,548
58,032
92,580
**At 2 October**
**2024**
**£**|**Restricted**
**funds**
**£**
-
5,163
5,163
**Cash flows**
**£**|**Total**
**£**
34,548
63,195|
|---|---|---|---|
||||97,743|
||||**At 1**
**October**
**2025**
**£**|
||63,987|(2,385)|61,602|
||63,987
(3,150)|(2,385)|61,602
(1,350)|
|||1,800||
||(3,150)
60,837|1,800
(585)|(1,350)|
||||60,252|
|||||
|18 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases
**2025**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the charity
amounted to:|are as follows:
**2025**
**Other**
**£**
**2025**
**£**
544|**2024**
**Land and**
**buildings**
**£**|**2024**
**Other**
**£**
**2024**
**£**
78|
Page 14
Live Well North Easl
Note$ to the A¢¢ounl$
Page 15
**Live Well North East Statement of Cash flows for the year ended 1 October 2025**
|**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
(Increase)/Decrease in trade and other receivables
Decrease in trade and other payables
**Net cash (used in)/provided by operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash from investing activities**
**Cash flows from financing activities**
Repayment of borrowings
**Net cash used in financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2025**
**£**
2,153
9,846
(17,897)
(2,554)
(6,956)
(15,408)
(3,074)
17,897
14,823
(1,800)
(1,800)
(2,385)
63,987
61,602|**2024**
**£**
29,228
11,396
(11,745)
15,592
(5,562)|
|---|---|---|
|||38,909
(2,287)
11,745|
|||9,458|
|||(1,793)|
|||(1,793)|
||||
|||46,574|
|||17,413|
|||63,987|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|61,602|63,987|
||||
||61,602|63,987|
Page 16
**Live Well North East Detailed Statement of Financial Activities**
## **for the year ended 1 October 2025**
|**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
Delivery Staff Salary Costs
**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**
**2025**
**£**
-
-
800
16,120
8,920
12,532
38,372
645
645
1,605
16,292
17,897
56,914
18,524
2,181
943
-
21,648
21,648
58
-
58
8,169
241
465
-
340
309|**Restricted**
**funds**
**2025**
**£**
-
-
164,229
-
-
-
164,229
-
-
-
-
-
164,229
6,179
4,190
1,038
73,376
84,783
84,783
-
-
-
66,910
6,448
79
-
276
-|**Total funds**
**2025**
**£**
-
-
165,029
16,120
8,920
12,532
202,601
645
645
1,605
16,292
17,897
221,143
24,703
6,371
1,981
73,376
106,431
106,431
58
-
58
75,079
6,689
544
-
616
309|**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
29,989|
|||||65,116|
|||||65,116
116
(9,020)|
|||||(8,904)|
|||||82,443
1,366
78
405
1,882
-|
Page 17
## **Live Well North East Detailed Statement of Financial Activities**
|Travel and subsistence
Premises costs
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**
Transfers between funds
**Net income before other**
**gains/(losses)**
Other Gains|9,524
-
-
1,457
1,677
857
3,991
5,800
375
3,671
-
1,834
283
225
657
38
969
13,852
-
-
3,367
827
4,194
31,619
53,267
-
3,647
2,802
6,449
-|73,713
-
-
1,342
590
262
2,194
-
-
-
-
-
216
157
620
11
980
1,984
1,122
1,033
842
52
3,049
80,940
165,723
-
(1,494)
(2,802)
(4,296)
-|83,237
-
-
2,799
2,267
1,119
6,185
5,800
375
3,671
-
1,834
499
382
1,277
49
1,949
15,836
1,122
1,033
4,209
879
7,243
112,559
218,990
-
2,153
-
2,153
-|86,174|
|---|---|---|---|---|
|||||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|
||||||
|||||113,372|
|||||178,488
-|
|||||29,228
-|
|||||29,228
-|
Page 18
## **Live Well North East Detailed Statement of Financial Activities**
|**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|6,449
35,405
41,854|(4,296)
60,185
55,889|2,153
95,590
97,743|29,228|
|---|---|---|---|---|
|||||66,362|
|||||95,590|
Page 19