##
##
##
##
##
|||||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|