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2021-12-31-accounts

Income Capital
Notes Fund Account 202/ 2020
f
INCOME FROMt
Investments
Income fiom UK investments 457,041 457,041 292,045
Income fitvm foreign investments
HSBC bank interest
93,034
13
93,034
13
98,668
383
Totalincome 550,088 550 088 391096
EXPENDITIIRE ON:
Raising funds—
Investment
management
costs
44,738 44,738 40,308
Ctmrttable
acdvities-
Grants payable in furtherance
ofcharity's objectives
Support costs ofcharitable
activities 2
3
390,339
49,156
390,339
49,156
391,155
47,235
Total expenditure 484,233 484,233 478,698
Net income / (expenditure) 65,855 65,855 (87,602)
Net gains / (losses) on investments-
Realised gains / (losses) on sale of
fixed asset investments 308 26,133 26,441 (103,022)
Unrealised
gains /(losses) on fixed asset
investments 4 13,585 2,272,221 2,285,806 (544,792)
Transfer between
funds
Net movement
in funds in year
79,748 2,298,354 2,378,102 (735,416)
Total funds brought
forward
425,902 13,741,064 14,166,966 14,902,382
Total funds serried forward 505,650 16,039,418 16,545,068 14,166,966
All activities are continuing.
Notes 2027f 2020
f
Fixed assets
Investments 4 16,229,618 13,917,909
Currant assets
Debtors 5 1,159 178
Short tertn deposits 6,060 6,585
Cash at bank 326,927 260,846
334,146 267,609
Creditors: amounts falling due within one year 6 (3,696) (3,552)
Nst currant assoc 330,450 264,057
Grants conditionally payaMc 7 (15,000) (15,000)
Nat assets 16,545,068 14,166,966
Funds
Capital funds 8 16,039,418 13,741,064
Income funds Unrestricted 8 505,650 425,902
Totalfunds 16,545,068 14,166,966

2021 2020
Notes
Cash flows from operating
activities
Nct cash used in operating
activities
10 (485,070) (489,192)
Cash flows from investing
activities:
Dividends
snd interest &om investments
Proceeds &om sale ofinvestments
Purchase ofinvestments
550,088
337,693
(338,130)
391,096
630,701
(673,394)
Nct cash provided
by operating acdvitics
549,651 348,403
Change in cash and cash equivalents in the reporting period 64,581 (140,789)
Cash and cash equivalents
at the beginning
ofthe reporting period 342,978 4$3,767
Cash and cash equivalents
at tbe end
ofthe reporting period 407,559 342,97$
Aaatysis ofcash aad cash equivalents
Cash at bank 326,927 260,846
Short term deposits 6,060 6,585
Long term deposits 74,572 75,547
Total cash and cash equivalents 407,559 342,978

Section2 e Em lo mentand Section2 e Em lo mentand a mentofnwses
Marie Curie Cancer Care 4,000
Willow Bum Hospice 3,000
7 DDD
Section 2
Charitable
Or anisations
Age UK Sunderland 4,000
Alice House Hospice 5,800
Asthma Relief 3,000
Barnardos North East 2,000
Blind Veterans UK 3,000
Cancer Support UK 4,000
Caudwell
Children
2,000
Chronicle
Sunshine Fund
2,500
Church Army 1,500
Church Lad's and Church Girl's Brigade 3,900
CICRA 1,000
City ofSunderland
YMCA
2,200
Clergy Support Trust 1,500
Cleveland
Youth Association
3,000
Community
Foundation
for the High Sheriff sFund Tyne &Wear 3,000
Deafblind UK 4,000
Dream Holidays 4,000
Durham
Association ofBoys
and Girls Clubs 7,500
Durham High School 4,700
Durham
School
3,500
Durham
School Bursaries
4,000
Durham
Scout County
Council 2,700
Durham
Wildlife Trust
1,500
Friends ofBarbara Priestman Academy 1,000
George Hudson's
Charity
8,500
Handicapped
Children's
Action Group 1,119
Happy Days 4,000
Heal &Toe Children's Charity 5,000
Humbledon
Outdoor Activities
Association 1,000
Independence
at Home
5,000
Independent
Age
2,500

Jane Gibson Almshouses 3,000
Kids Cancer Charity 5,000
Lambton
Street Youth Centre
3,300
Listening Books 3,000
Message Trust 1,000
Motor Neurone Disease Association 4,000
MS Society 2,000
National
Police Community
Trust 3,000
North East Autism Society 5,000
North East Disabilities
Resource Centre
2,200
North ofEngland District Boys Brigade 2,000
Northern
Counties Children's
Benevolent Society 2,350
Northumbria
DeafMission
3,000
NSPCC Bishop Auckland 3,300
NSPCC Sunderland
Branch
3,300
Oasis Community
Housing
2,500
Ocean Youth Trust North 5,000
Outward Bound Trust 2,000
Parkinsons
UK
3,000
PDSA Sunderland 3,300
Prisoners
Advice Service
2,000
React 2,000
Re-engage 4,000
Royal British Legion Poppy Day Appeal 3,300
Royal National
Institute ofBlind People
2,000
Royal National
Lifeboat Institution —Sunderland
2,500
Salvation Army - Sunderland 2,700
Samaritans ofSunderland 2,200
SSAFA Tyne and Wear 3,300
StBenedict's Hospice 6,000
StJohn's Ambulance 2,200
StTeresa's Hospice 2,400
Stanhope
Silver Band
5,000
Sunderland
and County Durham Royal Society forthe Blind
6,400
Sunderland
Guild ofHelp
3,000
Sunderland
North Division Girl Guides Association
2,700
Sunderland
Scout Council
2,700
Sunderland
South Division Girl Guides Association
2,700

Teenage Cancer Trust 5,000
The British Polio Fellowship Sunderland 2,000
The Camphill
Village Trust,
Botton 3,300
The Chorister School 4,000
The Guide Association
Durham
2,500
The Key 5,000
The Prince's Trust 5,000
The Sick Children's
Trust
5,000
The Sunderlsnd
Orphanage
and Educational Foundation 8,500
The Wildlife dt Wetlands Trust 1,850
Walking with the Wounded 3,000
Washington
Riding Centre
1,500
Whizz-Kidz 5,000
Willow 1,000
Young Women's
Trust
5,000
278,419
Grants approved
cancelled
in the year
The Chorister School 2,000
Durham
School Bursaries
2,000
274,419
Section 2
1 Maintenance
ofChurches and Church Buildin s
Calverley
Parish Church
3,000
Churches
Conservation
Trust
7,500
Dunnington
PCC
5,000
Friends ofDurham
Cathedral
4,000
Hurworth
PCC
6,000
Hutton Magma PCC 1,500
Middleton
Tyas Parish Church Committee
10,000
Settrington PCC 8,000
StCuthbert's
Church Peterlee
5,000
StHilda's Church 4,120
StLeonard's Parish Church Loflus-in-Cleveland 10,000
StMargaret's
Church
5,000

StMuy Magdalene
Yarm PCC
StMuy Magdalene
Yarm PCC
8,000
StMary's Church Wycliffe 5,000
Stranton Parochial Church Council 8,000
The PCCofCrook 4,000
94,120
Section 2
2 Relief and Main
n /Church Offi i eir families
Bishop ofDurham's
Discretionary
Account 3,400
Church ofEngland Pensions Board 3,000
Durham Diocesan Board ofFinance 10400
168DD
Grants approved
eaneeUed
in the year
Durham Diocesan Board ofFinance 2,000
14 800
Total ofall grants paid or conditionally payable in the year ~390 39
3. Support costs ofcharitable activities
2027 2020
Legal and professional
fees
45,181 43,420
Audit fees (for audit services)
Cost ofTrustees'
meetings
3,798 3,648
15
Bank charges 177 152
49,156 47,235

tnvestm eats
2021 2020
Quoted investments 16,155,046 13,842,362
Cash equivalents
on deposit
74,572 75,547
16,229,618 13,917,909
Qnoredinvesrrnenrs
2021 2020
Market value at 1 January 2021 13,842,362 14,447,482
Less Disposals based on market value at 1 January 2021 (311,251) (945,519)
Add Acquisitions
at cost
338,130 $85,191
Net unrealised
gains/(losses)
on revaluation at 31December 2021 2,285,$06 (544,792)
Market value at 31December 2021 16,155,046 13,$42,362
Historical cost at 31December 2021 6,112,806 6,302,782

2021 2020
f
1,159 178
1,159 178
6. Creditors
2021f 2020
Governance costs accrual 3,696 3,552
3,696 3,552

Grants conditi onally
payable
202l 2020
Balance at 1 January 2021 15,000 15,000
Grants approved but not paid during the year 10,000
Grants approved in a prior year and paid during the year (10,000)
Balance at 31December 2021 15,000 15,000
Analysis ofnet assets between funds
Capital Incotne
fund fundf Total
Fund balances at 31December 2021 are represented by:
Fixed asset investments 16,039,418 190,200 16,229,618
Debtors 1,159 1,159
Cash at bank and short term deposits 332,987 332,987
Creditors (3,696) (3,696)
Deferred grants (15,000) (15,000)
Total net assets 16,039,418 505,650 16,545,068
Analysis ofnet assets between funds —previous year
Capital Income
fund fund Total
Fund balances at 31December 2020 are represented by:
Fixed asset investments 13,741,064 176,845 13,917,909
Debtors 178 178
Cash at bank and short term deposits 267,431 267,431
Creditors (3,552) (3,552)
Deferred grants (15,000) (15,000)
Total net assets 13,741,064 425,902 14,166,966

202/ 2020
Net income
/ (expenditure)
for the reporting
period 2,378,102 (735,416)
Adjustments
for:
(Gains) / losses on investments
Dividends
and interest &om investments
(Increase) /Decrease
in debtors
Increase / (Decrease) in creditors
(2,312,247)
(550,088)
(981)
144
647,814
(391,096)
265
(10,759)
Net cash used in operating
activities
(485,070) (489,192)