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2021-03-31-accounts

Page
Reference and administrative details 1-2
Chair's annual
report
Trustees'
report		 4- 17
Trustees'
responsibilities		 statement 18
Independent
auditor's
report		 19-22
Consolidated
statement		 offinancial activities 23
Consolidated
balance sheet		 24-25
Company
balance sheet		 26-27
Consolidated
cash flow		 statement 28
Notes to the financial statements 29-54

Trustees lan Armstrong
(resigned 7 October 2020)
Trai Anfield
Karen Statham
Tom Lloyd (resigned 21 July 2020)
lan Jackson
Graham
Gill
Nigel Porter
Ailsa Hobson
Derek Coates
Eveline Brunton
Patricia Cresswell
Michael Jeffries
Company registered
number 00717813
Charity registered
number 221819
Registered office The Garden House
St Nicholas Park
Jubilee Road
Newcastle
upon Tyne
Tyne and Wear
NE3 3XT
Company secretary Ailsa Hobson
Chief executive officer Mike Pratt
Independent auditor UNW LLP
Chartered
Accountants
Cityg ate
StJames' Boulevard
Newcastle
upon Tyne
NE1 4JE
Bankers Royal Bank ofScotland
31 Grey Street
Newcastle
upon Tyne
NE1 6ES
Solicitors Hay 8 Kilner
Merchant
House
30 Cloth Market
Newcastle
upon Tyne
NE1 1EE

Unrestricted Restricted Total Total
funds funds funds funds
Note 2021 2021f 2021f 2020
E
Income from:
Donations
and legacies		 972,798 1,013,071 1,985,869 1,761,282
Charitable
activities		 68,255 188,139 256,394 279,241
Other trading
activities		 766,391 2,532 768,923 766,372
Investments 140 140 250
Other income 4,563 4,563 9,659
Total income 1,812,147 1,203,742 3,015,889 2,816,804
Expenditure
on:
Raising funds 885,155 27,940 913,095 745,572
Charitable
activities		 504,709 1,296,655 1,801,364 2,042,168
Other expenditure 17 1,963 1,963 3,394
Total expenditure 1,391,827 1,324,595 2,716,422 2,791,134
Net income/(expenditure) 420,320 (120,853) 299,467 25,670
Transfers
between		 funds 18 (174,885) 174,885
Net movement
in		 funds 245,435 54,032 299,467 25,670
Reconciliation
of		 funds:
Total funds brought forward 5,340,111 160,738 5,500,849 5,475,179
Net movement
in funds		 245,435 54,032 299,467 25,670
Total funds carried forward 5,585,546 214,770 5,800,316 5,500,849

2021 2020
Note
Fixed assets
Intangible assets 10 3,591 5,745
Tangible assets 11 5,103,696 5,150,146
5,107,287 5,155,891
Current assets
Stocks 13 2,688 2,465
Debtors 14 582,523 383,455
Cash at bank and in hand 816,964 438,820
1,402,175 824,740
Creditors: amounts falling due within one
year 15 (618,942) (446,200)
Net current assets 783,233 378,540
Total assets less current liabilities 5,890,520 5,534,431
Creditors: amounts falling due after more
than one year 16 (55,326) (667)
Provisions
for liabilities		 17 (34,878) (32,915)
Total net assets 5,800,316 5,500,849
Charity funds
Restricted funds 18 214,770 160,738
Unrestricted
funds
General funds 18 2,754,104 2,508,669
Revaluation
reserve		 18 2,831,442 2,831,442
Total unrestricted funds 18 5,585,546 5,340,111
Total funds 5,800,316 5,500,849

Note 2021
F		 2020f
Fixed assets
Tangible assets 4,923,586 4,981,571
Investments 5,002 5,002
4,928,588 4,986,573
Current assets
Stocks 13 2,688 2,465
Debtors 14 414,098 267,971
Cash at bank and in hand 631,731 303,502
1,048,517 573,938
Creditors: amounts falling due within one
year 15 (501,585) (391,300)
Net current assets 546,932 182,638
Total assets less current liabilities 5,475,520 5,169,211
Creditors: amounts falling due after more
than one year 16 (55,059)
Net assets 5,420,461 5,169,211
Total net assets 5,420,461 5,169,211
Charity funds
Restricted
funds		 214,770 160,738
Unrestricted
funds
General funds 3,433,562 3,236,344
Revaluation
reserve		 1,772,129 1,772,129
Total unrestricted funds 5,205,691 5,008,473
Total funds 5,420,461 5,169,211

Note 2021f 2020
Cash flows from operating activities
Net cash used
in operating		 activities 20 408,974 160,666
Cash flows from investing activities
Purchase oftangible
fixed assets		 (35,830) (671,078)
Net cash used in investing activities (35,830) (671,078)
Cash flows from financing activities
Cash inflows from new borrowing 50,000 50,000
Repayments
of borrowing		 (45„000)
Net cash provided
by financing
activities		 5,000 50,000
Change
in cash and cash		 equivalents in the year 378,144 (460,412)
Cash and cash equivalents at the beginning ofthe year 438,820 899,232
Cash and cash equivalents at the end of the year 21 816,964 438,820

Unrestricted Restricted Total
funds funds funds
2021f 2021 2021
Donations 64,086 171,560 235,646
Legacies 71,000 95 71,095
Grants 501,047 773,369 1,274,416
Sponsorship and membership subscriptions 336,665 68,047 404,712
Total2021 972,798 1,013,071 1,985,869

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
as restatedf as restated as restated
E
Donations 74,670 149,605 224,275
Legacies 6,974 12,000 18,974
Grants 289,535 756,266 1,045,801
Sponsorship and membership suscriptions 338,482 133,750 472,232
Total 2020 709,661 1,051,621 1,761,282

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
F
Charitable activities 68,255 188,139 256,394

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
F
48,393 230,848 279,241

Unrestricted Restricted Total
funds funds funds
2021 2021 2021f
Subsidiary trading to third parties 688,620 688,620
Visitor trading and similar income 77,771 2,532 80,303
766,391 2,532 768,923
Unrestricted Restricted Total
funds funds funds
2020 2020 2020
E
Subsidiary trading to third parties 582,030 582,030
Visitor trading and similar income 141,036 43,306 184,342
723,066 43,306 766,372

Expenditur e
on raising funds - summary
2021f -2020
Costs of raising funds 198,303 53,764
Fundraising trading expenses 92,706 145,447
Subsidiary trading costs 622,086 546,361
913,095 745,572

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
Travel, training &recruitment 9 9
Leaflets and publishing 4,348 4,348
Legal and professional 578 578
Office &project costs 8,886 3,433 12,319
Wages and salaries 180,842 180,842
Depreciation 207 207
194,870 3,433 198,303

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
Travel, training 8 recruitment 533 923 1,456
Leaflets and publishing 993 993
Legal and professional 1,733 1,733
Office 8 project costs 8,365 2,523 10,888
Wages and salaries 35,604 35,604
Depreciation 3,090 3,090
50,318 3,446 53,764
Fundraising trading expenses
Unrestricted Restricted Total
funds funds funds
2021f 2021 2021
Visitor cost ofsales and other fundraising costs 9,400 24,507 33,907
Support costs allocated to trading activities 58,799 58,799
68,199 24,507 92,706

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
F F
Visitor cost ofsales and other fundraising costs 53,864 22,604 76,468
Support costs allocated to trading activities 68,979 68,979
122,843 22,604 145,447

Unrestricted Total
funds funds
2021 2021
Subsidiary direct trading costs 238,949 238,949
Staff costs 375,584 375,584
Depreciation 7,178 7,178
Administration depreciation 375 375
622,086 622,086

Unrestricted Total
funds funds
2020 2020
F
Subsidiary direct trading costs 176,059 176,059
Staff costs 361,945 361,945
Depreciation 7,312 7,312
Interest payable 1,045 1,045
546,361 546,361

Activities
undertaken Support Total
directly costs funds
2021 2021 2021
E
1,309,814 491,550 1,801,364
Activities
undertaken Support Total
directly costs funds
2020 2020 2020
E F
1,380,033 662,135 2,042,168

Total Total
funds funds
2021f 2020
Staff costs 755,099 725,113
Depreciation 73,325 78,600
Direct project costs 289,751 388,474
Travel 34,652 63,360
Training & recruitment 12,687 21,825
Legal & professional 139,684 96,139
Overheads, publishing and office costs 4,616 6,522
1,309,814 1,380,033

Total Total
funds funds
2021 2020
F
Staff costs 170,806 356,318
Depreciation 2,674 11,349
Travel 9,131 12,795
Training
and		 recruitment 4,739 6,755
Legal and professional 83,652 55,834
Overheads, publishing and office costs 151,950 126,918
Premises and utilities 42,519 64,964
Governance costs 26,079 27,202
491,550 662,135

Group Group Company Company
2021 2020
E		 2021f 2020
Wages and salaries 1,302,397 1,254,446 976,321 945,172
Social security costs 100,150 99,377 73,417 70,082
Contribution to defined contribution pension
schemes 132,477 125,157 109,702 101,781
1,535,024 1,478,980 1,159,440 1,117,035
Group Group
2021 2020
No. No.
All staff 54 52
Group Group
2021 2020
No. No.
Business and management 5 4
Charitable activities 31 30
Fundraising and publicity 6 7
Subsidiary 12 11
54 52
Group Group
2021 2020
No. No.

10. Intangible
assets
Group
Website
Cost
At 1 April 2020 10,773
At 31 March 2021 10,773
Amortisation
At 1 April 2020 5,028
Charge for the year 2,154
At 31 March 2021 7,182
Net book value
At 31 March 2021 3,591
At 31 March 2020 5,745

External Furniture,
Land and fixtures and fittings and Motor
buildings fittings equipment vehicles Total
Cost or valuation
At 1 April 2020 5,347,492 623,715 472,494 219,686 6,663,387
Additions 16,934 18,896 35,830
Disposals (3,000) (12,658) (15,658)
At 31 March 2021 5,347,492 623,715 486,428 225,924 6,683,559
Depreciation
At 1 April 2020 314,619 574,887 448,378 175,357 1,513,241
Charge for the year 24,895 27,070 15,498 14,331 81,794
On disposals (3,000) (12,172) (15,172)
At 31 March 2021 339,514 601,957 460,876 177,516 1,579,863
Net book value
At 31 March 2021 5,007,978 21,758 25,552 48,408 5,103,696
At 31 March 2020 5,032,873 48,828 24,116 44,329 5,150,146

External Furniture,
Land and fixtures and fittings and Motor
buildings fittings equipmentf vehicles Total
Cost or valuation
At 1 April 2020 5,186,012 623,167 436,182 204,705 6,450,066
Additions 18,896 18,896
Disposals (12,658) (12,658)
At 31 March 2021 5,186,012 623,167 436,182 210,943 6,456,304
Depreciation
At 1 April 2020 314,619 569,623 423,669 160,584 1,468,495
Charge for the year 24,895 27,070 10,099 14,331 76,395
On disposals (12,172) (12,172)
At 31 March 2021 339,514 596,693 433,768 162,743 1,532,718
Net book value
At 31 March 2021 4,846,498 26,474 2,414 48,200 4,923,586
At 31 March 2020 4,871,393 53,544 12,513 44,121 4,981,571
Group Group
2021f 2020
E
Freehold land 1,141,440
Freehold property 1,057,824
2,199,264

Investments
in
subsidiary
companies
Company
Cost or valuation
At 1 April 2020 5,002
At 31 March 2021 5,002
Net book value
At 31 March 2021 5,002
At 31 March 2020 5,002

Group Group Company Company
2021 2020 2021 2020
F
Goods for resale 2,688 2,465 2,688 2,465

Group Group Company Company
2021 2020 2021 2020
Due within one year
Trade debtors 449,576 271,911 331,066 171,216
Amounts
owed by group undertakings		 1,873
Other debtors 14,827 7,422 10,667 962
Prepayments and accrued income 85,281 104,122 72,365 93,920
Tax recoverable 32,839
582,523 383,455 414,098 267,971

Group Group Company Company
2021 2020 2021 2020
E
Other loans 55,000 100,000 55,000 100,000
Trade creditors 281,463 137,446 261,502 135,085
Amounts
owed		 to group undertakings 21,420
Corporation tax 1,368
Other taxation and social security 91,999 66,793 40,028 41,667
Obligations under finance lease and hire
purchase contracts 2,870 2,870
Other creditors 3,858 3,504
Accruals and deferred income 183,752 137,089 120,765 114,548
618,942 446,200 501,585 391,300
Group Group Company Company
2021 2020 2021 2020
E
Deferred income at 1 April 2020 41,500 75,875 41,500 75,875
Resources deferred during the year 41,500 41,500
Amounts
released		 from previous periods (75,875) (75,875)
41,500 41,500 41,500 41,500

Group Group Company Company
2021 2020 2021 2020
E
Bank loans 50,000 50,000
Net obligations under finance lease and hire
purchase contracts 5,059 5,059
Government grants received 267 667
55,326 667 55,059

Deferred taxati on
2021f
Group
At the beginning ofthe year 32,915
Charge for the year 1,963
34,878

The deferred tax balance is made up as follows:
Group Group
2021 2020
F E
Land held at valuation (34,878) (32,915)
(34,878) (32,915)

Balance at
Balance at 1 Transfers 31 March
April 2020 Income Expenditure in/out 2021
f. F
Unrestricted
funds
General funds 1,361,435 1,112,493 (744,035) (126,454) 1,603,439
Hauxley Visitor Centre fixed
asset reserve 916,172 (16,848) 899,324
Subsidiary
trading		 funds 231,062 699,654 (630,944) (48,431) 251,341
Revaluation
reserve		 2,831,442 2,831,442
5,340,111 1,812,147 (1,391,827) (174,885) 5,585,546
Restricted funds
City to Coast Living Landscape 3,770 87,279 (94,822) 24,441 20,668
Druridge
Bay Living Landscape		 16,713 427,664 (483,597) 52,440 13,220
Kielder Living Landscape 149,441 567,045 (669,416) 55,020 102,090
Fundraising
and
Development (9,186) 121,754 (76,760) 42,984 78,792
160,738 1,203,742 (1,324,595) 174,885 214,770
Total offunds 5,500,849 3,015,889 (2,716,422) 5,800,316

Balance at
Balance at Transfers 31 March
1 April 2019 Income Expenditure in/out 2020
F
Unrestricted
funds
General funds 770,968 898,499 (857,863) 549,831 1,361,435
Hauxley Visitor Centre fixed
asset reserve 933,020 (16,848) 916,172
Subsidiary
trading		 funds 192,213 592,530 (553,681) 231,062
Revaluation
reserve		 2,834,839 (3,397) 2,831,442
4,731,040 1,491,029 (1,431,789) 549,831 5,340,111
Restricted funds
City to Coast Living Landscape 7,109 118,345 (171,684) 50,000 3,770
Druridge
Bay Living Landscape		 164,240 568,858 (578,760) (137,625) 16,713
Kielder Living Landscape 75,755 (645) (84,196) (100) (9,186)
Fundraising
and
Development 497,035 639,217 (524,705) (462,106) 149,441
744,139 1,325,775 (1,359,345) (549,831) 160,738
Total offunds 5,475,179 2,816,804 (2,791,134) 5,500,849

Analysis ofnet assets between funds - current year
Unrestricted Restricted Total
funds funds funds
2021 2021 2021f
Tangible fixed assets 5,103,696 5,103,696
Intangible fixed assets 3,591 3,591
Current assets 1,187,405 214,770 1,402,175
Creditors due within one year (618,942) (618,942)
Creditors due in more than one year (55,326) (55,326)
Provisions for liabilities and charges (34,878) (34,878)
Total 5,585,546 214,770 5,800,316
Analysis of net assets between funds - prior year
Unrestricted Restricted Total
funds funds funds
2020 2020 2020
E
Tangible fixed assets 5,150,146 5,150,146
Intangible fixed assets 5,745 5,745
Current assets 664,002 160,738 824,740
Creditors due within one year (446,200) (446,200)
Creditors due in more than one year (667) (667)
Provisions for liabilities and charges (32,915) (32,915)
Total 5,340,111 160,738 5,500,849

20. Reconciliation
of net		 movement in funds to net cas h flow from opera ting
activities
Group Group
2021 2020
E
Net income for the year (as per Statement of Financial Activities) 299,467 25,670
Adjustments
for:
Depreciation
charges		 81,794 98,412
Amortisation
charges		 2,154 2,155
(Increase)
/ decrease		 in stocks (223) 2
(Increase)
/ decrease		 in debtors (199,068) 39,187
Increase /(decrease) in creditors 222,401 (8,154)
Deferred tax provision 1,963 3,394
Loss on disposal 486
Net cash provided
by operating		 activities 408,974 160,666
21. Analysis ofcash and cash equivalents
Group Group
2021 2020
Cash
in hand		 816,964 438,820
Total cash and cash equivalents 816,964 438,820
22. Analysis ofchanges in net debt
Other non-
At 1 April cash At 31 March
2020
f		 Cash flows changes 2021f
Cash at bank and in hand 438,820 378,144 816,964
Debt due within 1 year (100,000) 45,000 (55,000)
Debt due after 1 year (50,000) (50,000)
Finance leases (7,929) (7,929)
338,820 373,144 (7,929) 704,035

Name Company Principal Class of Holding Included
in
number activity shares consolidation
EcoNorth Limited 02274277 Ecological Ordinary 100% Yes
consultancy
The financial results of the subsidiaries
for the		 year were:
Names Income Expenditure Profit for Net assets
the periodf
EcoNorth Limited 699,654 (630,944) 68,710 387,140