Charity number.. 227620
STEWARDS OF THE INCORPORATED COMPANIES OF THE
FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024

STEWARD5 OF THE INCORPORATED COMPANIES OF THE FREEMEtrI OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITYI
CONTEiirs
Page
Reference and administrative d¢tsi15 of the charity, ils truste￿ and aqlvlsè
Report of tho Committ*• of Stewards
Independent •uditorfs report on tho financial stat8m•nts
statement of linancial actlvitios
7-10
Balaneo shwt
12
Statemgnt of cash Nows
13
Note8 to tho financial ststom•nts
14-30

STEWARD5 OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOTM MOOR CHARITY)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE cHAR￿Y, ITS TRUSTEES AND ADVISERS
FOR THE YEAR E14DED 29 SEPTEP18ER 2024
Trustees
H Ak¢er (appointed g Ocjober 20231
P Anderson
C G Atkinson
N B Atkinson
A R Bainbridge
T R M Cooper lappginted 7 O¢tober 20241
K Hall (resigned 9 October 20231
J Johnson {￿igned 7 May 20251
B Ne5bitt
P Powell
P Summerhill
S W D Walker Irewned 3 July 20241
D G Wauoh FCA
H D Wilson
Charlty reglstered
number
227620
Princlpal offlco
Moor Bank Lodge
Claretnont Road
Newcastk vrK)n Tyne
NE2 4NL
Indepondent audltor
Arm51rong Watson Audit LimTrted
One StravA)erry Lane
Newcastle Up￿ Tyne
NE14BX
Bankers
Lk)yds Bank PIC
G￿Y Street
Newcastle upon Tyne
NE99 ISL
Inv8stm•nt Managors
CCLA Inve51menl Management Lirnrted
One Angel Lane
London
EC4R 3AB
Chairman
H O Wi15011
Vlce Chalrman
N B Atkn'nson
Hon TreaBurer
D G Waugh FCA
Page 1

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
ITHE TOWN MOOR CHARtTYI
REPORT OF THE COMMirrEE OF STEWARDS
FOR THE YEAR ENOED 29 SEPTEMBER 2024
The Stewards Committee are pleased to present their report, together writh the audited financial statements of
the Charity for thè year ended 29 September 2024.
Referen¢e and adrninisliative details set out on page 1 fomi part of Ihis report. The linanual statements comply
with the accounting policies set out in note 2, the Chants"es Act 2011. the Charty's goveming document and the
Statement ot Recommended Practice Accounb"ng and Reporting by Charities.. Statement of Recommended
Practice applicabEe to charities P￿ paring their accounts in aCCord￿ce with the Financial Reporting Standard
applicable in the UK and RepuNic of IreLin(I IFRS 1021
strLFCtur•> governan￿ and management
. Govcrnlng document
The Charity 15 registered wth the Charity Commission as The T(y￿n Mooi Charty, Registration Number 227620.
The Stewards Committee of the Freemen of Newcastle UPDn Tyne rnanages the affairs ol the Freemen of
Newcastle upon Tyne in accordance wlh the goveming d￿￿ments,. the Newcastle uwn Tyne Town Moor Act
1988 and the Rules and Orders of Ihe Stewards of the Incorporated Ccmpanies ol the Freemen ol the City of
Newcastle upon Tyne.
b. Re¢ruitment and appointment of Stewards Committee
The Stewards Committee ig the ￿dY of trustees apw)inted by annual election e￿h Michaelmas Guild. Any
steward 012 Company ol Freemen 15 eligible lo stand lor election. The￿ are 26 active Colnpanies of FTeewnen
with 82 Company Stewards. who represent 1,885 Freemen.
At tre MiGhadmas Guild, the Steward5 Committee consists.ry of not ￿s5 than 9 and not more than 12 Stewaids
shall be eleded under the authonty of Section 6 01 the Newcaslje urM)n Tyne Town Moor Act 1988. Each
Steward elected to the Stewards Committee sh￿4 remain a member of Ihe Committee until the next Miehaelmas
Guild or until earlier resignab"on. even shoukj he cease to be a Stewafd In the inlerim per￿d. Should a member
of the Stewards Committee die or resign from the Committee then the Commrtlee has the power lo Go-opl any
steward lo fill ony casual vacancy unts"I the m1th￿lMaS Guild next fdk)￿.n9 such vacanGy.
¢. Inductlon and Support for trusttts In exerclslng dutlès
The inducbon and training of the Stewards Commrttee Is dealt wilh ￿dIng lo indTri+dual need and supported
by an Information Pack oudining the role and ￿sponsibl1￿5 01 being a trusl@e a5 well as information parochial
lo the affairs and good managèment of the Charity.
d. Oryanisatlon
The Stewards Committee acis as an executive body and is accountable to ttte overall body of Freemen to whom
they report on matters of operational and Strateg￿ ygnificance In relat￿n to Ihe Town Moor threE b.mes 3 yeai al
the Corpus Chriskn., Mi¢haelmas and Lent Guilds. The Stewards Committee hold a full committee ffleeling each
monlh: wtn other meetings being hdd as and when wuire(l_ The Town Moor SupeTlntendenl is appointed by
the Stewards Committee lo effectwely cowidinate the day lo day OFvab"ty)al affairs of the Organisatson in direct
working liaison with designated tru51ees.
Page 2

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARtTYI
REPORT OF THE COPIIPIITTEE OF STEWARDS (CONTINUEDI
FOR THE YEAR ENDED 29 SEPTEAIBER 2024
Slw¢ture. governance and managemenl Icontinued)
e. Related partles
1. Town Moor Money Charity Ilinke(I chartyl
Initially Ihis was part of the Tovm Moor Charity, bul in 1967 the Chaiity Commission adv￿￿ seth.ng up 8
separate Charily and Ihis was encapsulated in the provision of The Charities ITown Moor Money Charity,
Newcastle upon Tyne) Order 1970. The income ol the Tw Moor Money Charity is *Yerived from the letting r)f
Intakes. The Stewards Committee are Ihe body responsible foT alk)salion of land and negolmtion of renls for
Intake areas. An Intake 15 an area of land rkol Current￿ used lor g132ing as specified in the Newcasde upon Tyne
Town Moor Act 1988 for which the overall area Set aside fiK sucj) purposes must not exceed 100 acres in total.
In 2018, permission was granted by the Charrty Commission to treat the charity as a linked charity for registialion
and accounting purposes. The fund5 Qf the Gharity ale repM)rted wpthin restricted fullds Mlhin these financial
slalemenls. The Stewards of the Incorpor*d Companies of Ihe Freemen of Newceslle upon Tyne is the
reporting chenty.
2. Sl Mary Magdalene and Jesus Trust
The Freemen have a direct bnk wlh this TTUSI in that members of the Stewards Committee serve on the Boar
of trustees along with represenlab'ves of the City Covneil and olhei (zre providing organisab'ons. The Trust, as
an Alms House challty, provides an allocated number of bvngal(ws lor Freemen, their wdows and daughters.
on18nd whth formed part of the Town ￿￿[.
f. Rlsk management
The Stewards Commiltee activety rewew the major risks whith the Charty tsces on a regu13r ba515 and belTeve
that by maintaining reserves combined wth an annual review gf the contrds over key finan¢i81 systems. wll
provide sufficient resources in the event of adverse conditions. The Stewards Committee have also examined
other operali(M)al ané business risks which they face and confirm that they have established systems lo miligale
the significant risks.
OblècUv¢s and a¢tlvltle$
Policies and objectives
The Stewards Committee adopts schemes and p)licies Tegard lo ensuring the effective maintenance of the
Newcastle Town Moor, overseeing investments and income generated to fvnd the da1￿ management and
I￿prOVeMeNt of the Town Mwr, all of which Is aimed al seujring Ihe wellbeing lor graziTrg for future generations
of Freemen and safeguarding the open space for the ¢itoens of Ne￿astIe to enjoy traditional rights of 'air and
exercise,, in accordance with the Newcastle UKX)n Tyne Town Moor Act 1988.
In planning and carrying out the Chanty's 3Ctjvrt￿S for the year, the Stewards Committee have considered the
guidaNce pioduced by the Chaiilie5 Cofflmission public benefit. inchjding the guidance 'public benefit. running
a charity IPB21'.
b. Str8tegies for achieving objectives
In e55ence, the strategK direction of the Charity ￿USeS on the Stewards Committeè maintaining and
successfully managing the Town Moor for grazing, albert tn an Urb￿ environment, whilsl also knoking lo the
eonlidence of the generJ put￿1¢ in this major enwronrnentsl asset. Under the Act, the Town Moor is safeguarded
from en¢roa¢hmenl and iisk of development by the continuat￿n of grazing therefore land rnanagelllenl Issues
nlre around sustaining proper stsndards of agrKuttural culb"vats'on and mainlenartce of bounclariès whilst trying
lo balance bio4wersity. The overnding aim Is to mainiain the required siandard within budget and which is
dependent upon the In￿Me in any fisc￿ yeai.
Page 3

STEWARDS OF THE INCORPORATEO COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
REPORT OF THE COMMrrrEE OF STEWARDS (CONTINUED)
FOR THE YEAR ENDED 29 SEPTEII8ER 2024
AchlevemÈnts and performance
a. Main achlevemenls of the Charity
Our slatutory commilfflents and chaniable objective5 conb"nueiS lo te rnet 1ncluding the overriding obligats.on lo
graz8 the Town Moors.
The Town Moors were maintained and kept available to the public for air-and-exertyse. As part ol thi5
objectwe. we obtained extemal funding for, and arranged the instalLItiLN) ol. community cricket wickèts tsn
Jngrazed 81eas of Town Moor land.
part of our environmental irnprovement and dimate change miDgaboll plans a major programme of
treelhedge planting projects across the K4oors was progTes5ed.
As part of OUT enthronmental assets manaJemenL we Commissioned a comprehensive biodiversty and
flor￿aUna audit and reporL
The lacilitab.tsn ol public events induding MUS￿ concerts. lairgrouThYs, communitylcultural èvents, arcus and
religious gatherings.
Our strategy of engagement vAth a wtde range of stskehokler5 conbnued, Including." the production ol
informational videos, Issuing a 'Freemen' Calendar to all Freemen and giwng presentab"oThs lo local residents.
Working c105ely with c￿ncIlI0[S and City offi￿r5 on Town M￿r re￿ted prDje¢ts. irTrcluding participation in the
Citys Blue Green Cty drainage and flood risk mib"gabon pro9ramme.
Financial revlew
Flnancial roview
Nel Incorne, after net gain5 on Inveslmenls, was £493,800 12023." net ItKome aftei net losses on invèslrn@nts
Was tt58.0191 as disck)se¢J in the statèmenl of financial acknwts.es w page 11. The lotal funds 8t 29 September
2024 amounted lo £5,610.981 12023 £5.117.1811.
The principal sources of income comprise ￿nts. wa￿e3VeS. le￿"ng$ and Investrnenl income and in accDrdance
with the piovisions of ihe Newc85de u￿7 Tyne Town Moot Acl 1988. the Slewaids Commrttee applies the
Income to the Improvement and management of the Nèwcasue Town Moor.
b. Reserv¢s policy
The Stewards Commiltee have exarnined the requirement foT free ￿erVeS wh￿h are those unrestricted funds
nol Invested in fixed assets. deggnated for specilic purposes (Y OthE￿￿e committed. The trustees c0115idei that
the reserves held are sufficient lo generate income to meet thè costs ol the maintenance. reinstalemelll and
anagement if there was a drop in ￿ntaI or othei income from the Town MO￿ The free ie5erve5 not Invested in
fixed assets, designated and restricted funds at 29 September 2024 *Ere £594.23312023." £585.609I.
The re51ricied capital reserve of the Charity at 29 September 2034 amounted to £1,644,66912023." £1,496,583)
and 15 held specilicalty under the NeKastle LTrPM)n Tyne Town IAoor Act 1988 1? be used to finance
Improvements lo the Town MOOT.
The total restricted funds ol thè linked chanty 8129 September 2024 *Ere £90,993 (2023" £79,708).
Page 4

STEWARDS OF THE hNCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
ITHE TOWN MOOR CHAMrrfi
REPORT OF THE COMMrrrEE OF STEWARDS (CONTINUED
FOR THE YEAR ENDED 29 SEPTEMBER 2024
. Investments pollcy
The Charity's investment is lo have a dNerse base to spreacl risk whilst simultaneously aiming for capital
appreciation al lea51 equivalent lo inflat￿￿ and an in￿rne ￿turn wfficient to meet lulure capi181 expenditure
eeds and ongojng and cydi¢al operational Costs not recovered from income trom operalrons.
The inve5trnenls held by the Charity a￿ quoted investments from which incomÈ of £123.62612023.' £122,328)
was received during the year. The quoted investments are mainly professionally managed by CCLA Investment
Management Limrted (Charities off￿JaI Investrnenl Funds). The fair value of the Inveslrnenls Wds £4.513.900
12023.. £4,093.8751. The Stewaids Commrttee considei the investment reiurn to be in line with the inve51menl
obpclNe5 sel.
d. Plans for future p•rlod
Funding wovi5ion is being set aside for caimtal and revenue scheme5 indjding,
• Ongoing fence+line and access gateways replacement and mainlenanGe.
Ongoing agricultural operations, including18nd m8nagÈment a¢tsvities.
Drainage and ftood nsk mitigation on the main Town Moor.
Ongoing lacililalioll of events and fairs on Moors
Environmèntal imwovement schemes: Indu¢Jing further tree and hedge ￿a￿tIng
. Continuing to enhance cornmunicath"ons. improwng engagement wth ¢￿panY Stewards, Freemen end Dlher
stakeholdeFs.
Specialist piofessional Servi￿ in respe¢l of govemance. lease managemerbt and thÈ execub'on of Freemen
responsibilities in relation lo the Town Mrx)rs.
statement of trustees, Mpon$lbllltles
The Iruslees are responsitde for preparing Ihe Report ol the Commitiee of Stewards and thè financial statements
In accLYdance with applicable law and Unrted Kingdom Acc￿n[l"ng Standard5 Iuniled Kingdom Generalty
Accèpted Accountsng Practice).
The law applicable lo chanties in England & Wale5 requires the tnjstees to prepare finanryal stslements lor each
financial year which give a true and lair view of the state of affairs ol the Charity and ol ils in¢oming resources
and appliealittn of rèsourcès, including its income and expenditure, for that period. In prepanng these financial
slalemenls, the trustees are required to.
select suitable accounting poliaes and1hen ap￿￿Y them consi51enly.'
' Dbserve the methods 8nd Pnncl￿￿s of the Charrttes SORP IFRS 1 Q21,
* make judgments and accovnling esb'mates that are reasonable and pwudent
slate wtrTelhei applicable UK Acwunb"ng Slandards {FRS 1021 have been Idkjwed, subject to any material
dèpartures disdosed and explained in the financral statements".
prepare the financial stalements on the going concem basis unless Il is inappropriate to PTesume that the
Charity will conlinve In business.
The trustees are reSponsi￿e for keèping adequate accounb.ng record5 that are Suffic￿￿1 to show and explain the
Charity'5 Iransaclion5 and disclose wth reasonable accuracy at any time the financAal ptssilirx) of the charity and
enable them to ensure that the financial statements comply the Charities Act 2011, the Charity (Accounts
and Reports) Regulations 2008 and the provisions ol the governing Ll)cuments . They are also responsible lor
safeguarding the as5eis of the Charity and hence for tsk.ng reasonabie steps foT the prevention and delecb'on of
fraud antt other iiregularilies.
Paoe 5

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
REPORT OF THE COMMITTEE OF STEWARDS ICONTINUEDI
FOR THE YEAR ENDED 29 SEPTEMBER 2024
Olsclosure of informatlon lo audlloF
In so faT as the trustees are awa￿.
there is no relevant audit infomialion of wh￿h the Chanws auditor 15 unaware. and
that Iruslee ha5 taken all the steps that ought lo have been taken as a tiuslee in order to be aware of any
relevant audit inf0rnati￿ and to estsblish that the Chantys audrtor is avtaE of that information.
Approved by ordw ot the MeM￿lS ol the t￿ard of trustees anij Signed on their k*hall by".
H Dwilson
Chairman
Dale 15 M8y 2025
Page 6

STENARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARrrYi
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF STEWARDS OF THE INCORPORATEO
COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE (THE TOIWN MOOR CHARITY)
Opfinlon
We have audrted the financial statements of Stewards of the Incorporated Cornpanies ol ihe Freemen of
Newc2stle upon Tyne (The Town Moor Charity) (the 'ch3rity1 for the year ended 29 Seplembw 2024 vthich
Gomprise the slalemenl of financial actIv￿"eS, the balance sheet, the statement ol cash flows and the related
noles. induding a summary of significant acu)unbng rdioes. The financial re￿)rtIng frarnework that has been
ap￿ie￿ in their preparats"Ort is applicable law and Unrted Kingdom Accounting Standard5. including Fin8ncial
Reportsng Standard 102 'The Financial Reportsng Standard a￿lcat￿e in ihe UK ancs Reptjblic of Iieland, (United
Kingdom Generally Accepted Accounting PractKe).
In our opIn￿n the financk81 statements"
gwe a true and fair wew ol the stale of Ihe dlarrtls 8ffairs as al 29 September 2024 and of rts incoming
resource5 and ak)F4ication ol rèsources foT the yeai then ended,"
have been propedy prepared in a¢¢ordance wth United Kingdom Generally Accepted Accounting
Prodice". and
have been prepared in 8ccordance wrth tre requirements of the Charits"es Acl 2011.
Basls lor opinlon
We conduded our audit in accordance wth Internab￿al Standards on A￿1b'n9 IUKI (Ists IUKII and applicable
law. Our responsibil￿"eS undei those standards are further descnbed ￿ the Auditorfs reSponsib￿lts"e$ lor the audit
of the financial statements section ol Otsf report. We are Independent ol the cnarity in accordance with the ethical
quirements thal are relevant to audit of the finanual statements in the United Kingdom. inclu(Jing the
Financial Reporting Council's Eihical Stsndard. and we have fulfilled our other ethical responsibilities In
accordance wilh these requiremen15. We telieve that thÈ audit e￿en￿ we have obtained is sufficient and
appropriate lo provide a basis for our ￿Inion.
Concluslons relatlng to golng concem
In auditing the financial statements, we have concluded that the tru5tee5' use of Ihe going concern basis Df
accounting in the prepaialion of the finanual statements 15 approprrate.
Based on the work we have FErformed: we have not ￿ents"fied any materia uncertainties relating to events or
conditions that. indwidualty or collectively. may cast significanl doubt on the charity's abilty IL) continue as a going
concern for a period ol al k3St ￿￿ve rnonlhs from when thè financial statements are aulhorised for is5U8.
Our responsibiklies and the Te5ponsibilits"es of the Irustees with res[￿1 to going concem are described in the
relevant sections of this Tewt.
Page 7

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
ITHE TOWN MOOR CHARITY)
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF STEWARDS OF THE INCORPORATED
COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE (THE TOWN MOOR CHARITYI
ICONTINUEDI
other infomjatlon
The other information comprises the infomialion induded in Ihe annual report other than the financial statements
and our auditorfs report thereon. The trustees are resp)nsit4e lor Ihe Dther informats.on contained within the
annual report. Our opinion on the financial 5talement5 does not co¥er Ihe other information and, ex￿ pt lo the
exienl otherwse eXpl￿1t[Y stsled In our report, we do not express any fonn of assurance eon¢lusic)n Ihereon.
Our responsibility is lo read the other Infom)ati￿ and. in doing so. consider whether the other infomiation 1S
materially inconsistent with the finanaal statements or cmjr knv•Aedge ¢btaned in the course ol the audit, or
otherwise appears to be materialty misstated. If we identsfy such malerol inconsistenaes or apparent material
m155talemen15. we are required lo determine whether ihis gives rise lo a Materi￿ misstatement In the financial
ststerrents themselves. If, based on the work we have performed. we condude that there is a material
mi551atemenl ot thi5 Othei inforfflabon, we are required to ￿port that lacL
We have nothing to report In thi5 regard.
Mattors on which wo are required lo report by exception
We have nothing lo report in respect of the frAbvAng malters where the Charib'es lAC￿unts and Reports)
Regulations 20C18 requires us to ieFQrt to you if, in our O￿Tri0n..
the inf￿Ma￿.On given in the trustees. report is inconsistent m any rrraleii81 ￿spect with the financial
stalemenls." or
suffi¢ienl accuunts'ng rewds have nol been kepl or
the financial slatemenls are not In agreement wrth the accounting records and retu¥ns". or
we have not received all the InformatM￿ and explanab.ons we require for our audiL
ResponBibilities of tru8tee8
As exF4ained more fully in the trustees, responSi￿h"h"eS stalemenL the trustees are responsible lor the
preparation of the financial statements which givè a true and fair wew. apd lor such internal control as th8
trustees delemine is necessary lo enable the preparab'on of finanGaJ statements that are free frorn material
tnisslatemen( whether due lo fraud lx error.
In preparing Ihe linancial stalemenls, the Injslees are wponsible for assessing the charitys ability to continue
as a going con¢em, discknsing, a5 apF￿￿blÈ. Mat￿r$ related to going concern and u51ng the going concern
basis ol acrounling unless the trustees either intend to liquhlate the challty N to cease opwalions, or have no
realistic alternative bLJt to do SO.
Page 8

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN AIOOR CHARiffl
INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF STEWARDS OF THE INCORPORATED
COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE (THE TOWN MOOR CHARITY)
ICONTINUEDI
Audltor's responslbilltle$ for th• audft of the flnan¢lal $tatefftents
We have been appointed a5 auditor under sects.on 144 01 the Charrtes Act 2011 and report In accordance
the Act and relevant regulations made or having effect thereunder.
Our objecttve5 afe to obtain reasona￿@ assurance ab)ut whether ￿ financial Slalements a5 a whole are Iiee
from material misstalement, whether due lo fraud or error. and to issue an audilorfs report Ihal includes our
Oplnion. Reasonable a55urance Is a high level ol assurance, but Is not a guarantee that an audit conducted in
ac¢ordan¢e with ISAS IUKI will aws detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are ¢onsMlered malerial if. indivmlualty or in the aggregate, they could reasonably be
ex￿Cted to Influence the economic deu510ns of users taken on the iksis of these financia 51alements.
Irregularities. Including fr8ud. are instances of non-compbance wlh Iws and regulations. Wè design proGedures
in line with our fe5pM)nsibililies. oudined above, lo det￿1 material misstatements In respect ol irregularitie5,
including fraud. The eX￿t ID which our ￿￿edureS are capable of deteGtrng irregularitses, Including fraud is
detailed below.
ased on aur understanding ol the Charity, discussions wlh Irustees who are those charged with governance,
we considered that the most significant laws and regulation5 that have a direct impact on the financial
slalemenls are FRS 102, the Charrties SORP IFRS 1021. the Chanties Act 2011. the Newca511e upon Tyne
Town Moof Ad 1988 and UK taxabon legisL4tion.
As part of the enga9emenl team dsscussion about the suscepb"bilty of the Gharity's financi81 statements lo
malerial misstatement due lo fraud, we did not idenbfy any areas wilh an increased nsk.
Ou¥ audit procedures were designed to respond to ￿entified risk& induding non-compliance wth laws and
regv13tions and fraud. which may have a matenal effecl on the financial stslernenls. Our au￿11 procedures
included but were not limited lo..
enquiry ol the Iruslees and reyiew of any relevant CO￿espOndence with legal advisers ￿gardIng any instances
of non40M￿lanCe with laws and regulaiions and any adual. suspected or alleged fraud,
* c0mrnunicatit￿ identified l•s and regulaTr"ons and the risks of fraud wrth our engagÈment team and remaining
alert to any Indicaknons ol non•compli3nce or fvaud.
gaining an understanding ol the internal contrc4s estat4i5hed lo mib.gale risks relaled lo traud."
examining sUppO￿n9 documents for all matenal balances. t(ansaclicffi5 and disclosures,
' review of the minutes of the Stewards Commrttee",
review of a¢counling e5ty"matÈs for trustee ovetride and bias",
. analytical procedure5 10 identify any unvsual transath'ons".
identifying and testing journal entties.
Owng to the inherent limitat￿n5 of an audit, there 15 an Unavoidab￿ risk that some rn8lerial misstatements of
the financkql statemen15 may not be detected. even Ihough the at*1it i8 property Flanned and performed in
accordance wlh the ISAS IUKI.
The potential effest5 of inherent limilab'ons are partKularly signi[￿nI n the (8se of misstatement resulting from
Iravd becausè fraud may involve collusion. forgery.. intentional omissh)ns, misrepresentations or the overridè ol
Internal conlrds.
The primary responsibility for the prevention and detection ol irregularrties including fraud rests with those
chaiged wrth govemance.
A further description ol our responsibilities lor the audit of the finanaal slaterTtentS 15 located on the Finanual
Reportino Gouncil's websrte at wvA¥.frc.or
.uklaudJlorsres
nsibibtes. This description forms part of our
aULlilo¢s report.
Page 9

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
{THE To7fiN MOOR CHARITY)
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF STEWARDS OF THE INCORPORATED
COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE (THE TOWN MOOR CHARITY)
ICONTINUEDI
Us• of our report
This report Is rnade sdely lo the chanvs trustees. as a ￿y. in 3cex)rd3nce wth Part 4 01 the Charthes
IA¢¢ounls and Reports) Regulations 2008. Our audit work has been undertaken so that w? Might stale to the
charitys trustee5 those matteTS wè are required to stale lo them In a auditor's Teport and lor no other purpose.
To the fullest extent permitted by law, we do not aecepl or assume responsiblity lo anyone other than th2 charity
and ils tru51ees. as a b￿￿Y, for ￿1r audit work. for this report. or for the opinion5 we have formed.
Armstrong Watson Audit Limitod
sta￿tOry Audrtor5
One Strawberry Lane
Newcastle upon Tyne
NE14&X
22 May 2025
Armstrong Watson Audit Limrted are eligit4e to acl as auditors In lemis of 5eclw 1212 of the Companies Act
2006.
Page 1 ti

STEWARDS OF THE WCORPORATEO COMPANIES OF THE FREEIqEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARirYi
STATEMENT OF FINANCIAL ACTivmES
FOR THE YEAR ENDED 29 SEPTEII8ER 2024
Unrestrietèd
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
runds
2023
N¢Ae
Income from".
Grants and donations
Chaiitsble actsvities
other trading acliyities
Investmen15
Olher income
23,971
450,353
17.948
191.541
140,621
450
24,421
4B5,900
17,948
192,328
140.621
845
612,552
15,395
150.614
25,492
35,547
78S
Tolal income
824.434
36.782
861,216
804,898
Ejtpgnditure on:
Charitable activities
761.944
25,497
787,441
454. 78T
Totsl éxpenditure
761,944
25,497
787,441
454, 787
Not income
62.490
271,939
11,285
148,086
73,775
420.025
350.111
(92.092)
Nel gainslllossesl on Investments
Netmovemenl in fvnds
334A29
159,371
493,BOO
258.019
Reconcilia￿0￿ of funds:
Total funds brought forward
Nel movement in funds
3,540.890
334.429
1,576,291
159.371
5,117,181
493.800
4,859, 162
258,oig
Total funds carried forward
3,875.319
1,735.662
5,610.981
5,117,187
The Stslemenl of finanual aclivit*s indudes all gains and losses ￿C￿jniSed in the year.
All income and expenditu￿ derives fiom continuing a(b"￿tieS.
The note5 on pages 14 to 30 lom) part of these financial statements.
Page 11

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
ITHE TOWN MOOR CHARITY)
BALANCE SHEET
AS AT 29 SEPTEMBER 2024
2024
2023
Note
Flxed ass•ts
Tangit4e assets
Inalienablè and heritage assets
Investments
12
52.092
55,569
13
14
4,513,900
4,093, 875
4,565,992
4. 149,544
Current as50ts
Biological assets and sl(*k
Debtors
16
41.808
46.041
2,687,753
17,510
325,049
2,278.430
Cash at bank ané in hand
2.775,602
2,620,989
Creditors.. amwnls falling due wlhin one
year
18
11.730.6131
(1.653,352)
Net current 85$èts
1.044,989
967,G37
Totsl net assets
5,810,981
5.177.181
Charity fund5
Restricted lunils".
Capital re5eFve
Linked charity
19
1.644,669
90,993
1,496,583
T9,70S
39
Total restrKted funds
Unrestncted funds
19
1.735.662
3.875,319
1,576,291
3,540,890
19
Total funds
5.610,981
5,117,181
The financial staiements We￿ approved and authorised lor issue by the trustee5 and signed on their behalf by."
H D Wilson
Chairman
Date. 15 May 2025
The notes C￿ page5 14 10 30 4orm part or these financial statements.
Page 12

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEP4lEN OF NEWCASTLE UPON TYNE
¢THE TOWN MOOR CHARITY)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
2024
2023
Cash flows Irom operating activiiies
Net cash used in operating actsmties
230.126
287, 702
Cash flow5 Irorn Investlng acttvlties
Div#lends, interests and rents from investrnents
pr(￿eedS from the sale of planl and equipment
Purchase of plant and equipment
192,326
150.614
12,250
(43,233)
13.1291
N•t cash provid•d by inv•stltTrg a¢tFYltles
179,197
119,$31
Change in eash and t¥sh equivalents in the year
Cash and cash equivalents at the beginning of the year
409,323
2,278,430
407,333
7,877.097
C•8h and ¢a$h oqulv•lerrts at the end of the year
2.687,753
2,278,430
The notes on pages 14 10 30 fomi part of Ihese finanaal statements
Page 13

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
Gen¢ral inforniation
The Stewards of the Incofwrated Compan*s ol the F￿eMen of Newca5lle upon Tyne lThÉ TowTr Moor
Charity) is a registered charity, number 227260. The Chanty is unincorFA)rated and its re9islered offic? 15
MDOI Bank Lodge. Clarefflonl Road. New¢astle utK)n Tyne, ME2 4NL.
Accountlng policies
2.1 Basis of pTrparation of financial statements
The linancd slalements have teen prepared in accordan￿ with the charib.es SORP IFRS 1021-
Accounb"ng and Reporting by Charitiès.. Staternent of Recotnmendèd Practice applitsblÈ to ch8ritie5
prèparing their accounts in accordance wrth the Finanaal Re￿rts"llg St8nrlard applicable in the UK
and Republic of Ireland IFRS 1021 leffethe 1 January 20191, the Financial Reporting Standaid
applicaLle in the UK and Republ￿ of Ireland IFRS 1021 and the Charities Ad 2011
Stewards ol the InBorp)rated Companie5 01 Ihe Freemen of Newcastle upon Tynè IThe Town Moor
Charity) meets the definif*)n of a public benefit entity under FRS 102.
A55ets and liatw"lities are initk4lly recognised al hislorical (x)st or Iransactioft value unless otheN4ise
Staled in the rdevant accountyng p(Ai¢y.
The financial 5talemenis are prepared in sterting which is tre fun¢bon81 currency ol the Charty.
2.2 Golng coneom
The Charity has revI￿ed its cash flow forecasts and theo Is a reaSona￿e expectation that il has
a¢Jequate Tesources to continue In operational existen￿ fot at least the next ￿e1ve monihs and on
this basis the Charity Irusiees consider to be a g(Mng concem.
2.3 Income
All income is iecognised once the Charity has enlrtlement to ihe i￿orne, it is probable that the
income will be feceived and Ihe amount ol irKome re￿1v3l* can be measuied relk2b1y.
The following speofic prAicies are ap[A￿d to partculai Gategories ol irKome'.
Gifts in kind are InGluded at valuation vthere material.
Inve5trnent income is rec(yJnised on a re￿Nable basis.
To the exlenl that it re131Ès to lutuie period5, renlal incomè is deferred and includ&J within c￿dItOfs in
ihe bdance sheet.
2.4 Expenditure
Expenditure is ￿cOgnised once there is a legal or constructsve obligalion to transfer economic benefil
to a third party, it is probable that a transfer of econom￿ knefits will be required In seltlemenl and
the amount of the obligab'on can ￿ Measu￿ reliably.
All eX￿ndItUre ts a￿Ounted for on an accruals basis. incluyve of Irrecoverable VAT.
Page 14

STEWARDS OF THE INCORPQRATED COPAPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITYI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEIIBER 2024
Accounting poll¢i•s {c¢￿tinUed)
14 Expenditure l¢ontinuedl
Chariiable exprnditure comprises all costs ol acb"vth"es in fyrt1￿rance of the objects ol the Charity.
Govemance costs ¢ompnse all costs involving the putAic accountability of the Charity and ils
compliance with regulation and good pra¢ts"ce.
Support costs are allocated on the tjasis ol staff lime spent on each aclwity and are shown in note 7
lo the financial statements.
2.5 Tanglble fixed assets and depreciation
Tangible fixed assets cosbng rnore than £1.000 (plant and equipment) and £100 (office equipmenl
and r￿LuTeS and fittings) are ca￿.talISed and reGognised when future ec[￿omIC benefits are probable
and the cost or value of the asset can be measured rejiatty.
Tangible fixed assets 8re inrtialty iecognised al cost After reCogn￿'0n. undei the cost model, tangible
fixed assets are measured al cost less accumulated deW￿latIOn and any accumulated impairmènt
losses. All costs incurred lo bnng a tangilAe bxetj a5sel into lis intended working condits.on should be
included in the measurement ol cost
Dèpreaaty'on is Gharged so as to allDcate the c05t of tangible fixed assÈls less theiT residual value
over (heir estimated useful lives. as shown below.
Depreciab.r￿ is Provided on the follthwng basis..
2C% straHJht line
20% Stra￿h1 line
f 5% reducing balancè
33% straight line
Plant and ma¢hinery
Motor vÈhides
Fixtures and fiitings
Office equipment
2.6 Inallenable and heriiage assets
As explained in note 13, inal￿na￿e and herrtage assets have not Ixen cawtalised or depTe¢ialed.
2.7 Investments
Investments are a form of basic ffinancial Instnjmenl and are iniliaty recoonised al cost and
subsequently measured al their fair value as at the balance sheet dale using the bid wice. Gains or
losses arising on revaluati￿ OT ¢Jisposal are recognised in tbe staternenl ol finanaal a¢twities in the
funds in which the investrnents are held.
2.8 Btologlcal assets and stocks
Biological assets consisling of livestock are valued at cost ￿sS any accumulated impairment losse5.
Other stocks are valued at the lower of Cost ancs net ￿alISab￿ value after making due allowance lor
obscAete and slow-moving Stocks. Cost indudes 311 direct costs and an appropriate proportion ol fixed
and variat4e overheads.
2.9 Cash at bank and in hand
Cash at bank Includes current and dewsit instant access *c￿nts, and a nOt￿e accounl.
Page 15

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF MEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
Accountlng pollcles Icontlnuedl
2.10 Creditors and provisions
Creditor5 and provisions are rec(yJnised where the Charty fr.as a Present obligathon Te5uhing from a
past event that wll probatAy resull In the transfeT of funds to a Ihird party and the amount due lo setde
the obligatron can be measured or esbmated reliabfy. Credrtots and prov1510ns are norrnalty
recognised at their settlement amount.
Liabilites are iecogn'.$ed at the amount trTat the Chatty antr"upales it will pay lo settle the debt or the
amounl Il has feceived as advar￿d payments lor the gools ￿ seryices Il rnusl prOV￿e.
Provisions are mea5ureil at the besl esb.mate of the amounts required to settle the obligation. Where
the effect of the brne value of money Is maierial, the prOV.￿On LS based on the present value of those
arnounis. discounted al the pre-tax diswunt rate that ￿ects the risks speGilic to the Iiabibty. The
unwnding of the discount is re¢(*Jnised In the stalement of financk41 acti￿￿'e$ as a finance cost.
2.11 Financial instruments
The Charty On￿ has finanaal assets and financial Ik4bilths of a kind that qualify as basic financial
instruments. Basic finanaal Instnjments are inib.ally recogrisets at Iransaction value and subsequently
measurèd at their settlement value.
2.12 Ponslons
The Charity makes conlribuLions to a NEST scheme for all qualifying employee& Employees are
automatically enrolled on the pension scheme unless the Charity 15 notified by the ewnployee that they
sh lo opt out. The cost of these conknbutions Is charged lo the Statement of Financial Aotiwties
when payable.
Page 16

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARrrYi
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
Accountlng policl•s l¢ontlnuedl
2.13 Fund accounting
Unrestricted funds
Income and expenditure
The income and expendrtvre fund is credf(ed v*ilh income arising from the Charitls 8ctivil.es and is
charged wilh the cos15 Involved in the Maln,enan￿ of the Tuwn Moor and Lhe Charity's governanee
costs.
De619nated lunds
General reserve
The general reswve represents lunds that are invested to provide inwme lo rneet the costs of Ihe
Charity.
Town Moor Fund
The Town Moor Fund reprèsents funds re￿1Ve{j lo be used lo finance Ihe Chariws proportion ol
agreed Improvernents lo ￿ undertaken wrth Ihe City of Newcastle upon Tyne and the Freemen.
Restrlcted funds
Capital reserve
The capital reserve iepre5ent5 fvnds receivpd under the Ne￿￿astIe upon Tyne Town Moor Act 1988
Ich are to bÈ Ljsed to finance improvements to the Town Mw.
Town Moor Money Charfty (hnked charrtyl
The Town MOOT Money Charity was es￿blIshed in accordance wth The Charities ITown Moor Money
Charity, Newcasde u￿n Tyne) Ordei 1970 and permission has been granted by the Charities
Commission to treat it as alsnkwj charity for registration aryj accounting purposes.
In¢ome from charli•ble a¢tivfties
Unrestrlct•d Re5tr1¢ted
funds
funds
2024
2024
Total
funds
2024
To181
funds
2023
New¢aslle upon Tyne Town Moor Acl 1988
Lettings
Rents and wayleaves
Rents- linked charity intakes
Town Moor Herd. Sales of INestOGk
Agriculluial grants
12g
129
66,195
331,231
35,547
50,383
2,415
129
77, 752
431.822
52,160
47,844
3.045
66.195
331,231
35.547
50.383
2.415
450,353
35.547
485.900
612,552
Tolal 2023
560,392
52.160
612.552
Page 17

STEWAROS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN IIJOOR CHARirYi
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEPABER 2024
Incomè from other trading activilies
Income from non charitable trading aclivltles
unT￿ti￿Ctld
funds
2024
Total
fund5
JJ24
Total
frjnds
2023
Adrninislralion fee Islinl Iickelsl
Miscellaneous
5.852
12,0
5.852
12,096
5,929
9.466
17.948
17.948
15,395
Invoslment Income
Unrestricted Restricted
fund$
fund$
2024
2024
Total
funds
2024
Total
funds
2023
Investments
123.626
67.915
123,626
67.915
785
122.328
28,094
192
Bank Interest
8ank interest- linked charty
785
191.541
785
192,326
150,614
Tolal 2023
150.422
192
I￿.614
othor Income
Unrestricted
fvnds
2024
Total
funds
2024
T￿￿1
funds
2023
Contribution towards Town MOOT Fund proj¢¢ts
Contribution towaTds legal and professional fees
129,431
11.190
129,431
11,190
20, 185
5,307
140.62
140,621
25,492
Page 18

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
{THE TOWN AIOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
Analysis of expenditure by activities
Support
costs
2024
Total
funds
2024
Total
lunds
2023
Direct costs
2024
Charilable acliwlie5
730,614
56.827
787.441
454. 787
Total 2023
406. 150
48.537
454, 787
Anatysis ol dlrecl Costs
Total
funds
2024
Total
funds
2023
al Charity Staff costs
Deweciation
Town Moor maintenance and retnslatement
Livestock costs
FTeemen events
Ra¢eweek Festival costs
Property repairs and relurbishmenl
Interest due to City of Newcasrfe
Legal and professional fee5
Audit and a￿UntanCY fees
Contribution to Incorporated Company expenses
General tsfficè cosis
Profit on disw)sal ol fixed assets
Alocaled support C05ts- staff costs
bl Linked Ghanty
Linked charity- Grants lo indivvjuals
Linked charity- Cathedral hi
Linked charity- Bank charges
133,655
16,706
347,673
51.SS4
1.099
8.206
2.951
42,563
42,384
2,994
3,000
40.482
127,051
12.455
90,479
46. 152
19.854
8,488
3,015
20,534
70,191
3,180
2,400
44.932
(8. 164)
2,086
11,850
25.315
156
26
23.150
312
35
730,614
406. 150
Analysis of support Costs
Page 19

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATENENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
Analysis of expenditure by activities (continued
Analysis of support COSts {continuedl
Total
funds
2024
Tolal
funds
2023
Expense allowances ané Treasurerfs honorarium
ALrdil and accountancy fees
Guild event and expenses
General oifice costs
Allocated support costs- staff costs
10,473
6.006
9.576
45
f 0.20L)
&720
6.638
45
26,034
30.727
56.827
48,637
Support Costs comprise ￿1 cosls relating lo the goveTnanGe of the tharity.
Llnkgd Eharlty- grants to individuals
2024
2023
No.
Oecernber 2023
Juné 2024
Special grants
Relumed grant
81
76
12,15D
13.300
11,475
qt,400
275
11351
25,315
23. 15Q
Auditorfs remuneratlon
2024
2023
Fees payable lo the Charity's avdilor for the audil of ihe Charity5 annual
accoun15
6,006
5, 720
Fèes payable to ihe Charitys auditor in respeGt of".
Accovnlancy and other 5e¥vice5
3,763
3,820
Page 20

STEWARDS OF THE INCORPORATEO COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEIIBER 2D24
Staff costs
2024
3023
Salaries
ScKial security costs
Pension contnbubon5
156,lOS
11.521
3,636
142,518
9,246
3,185
171.262
154.949
The average numbei of persons emF4oyed by thè Charity durirg the year was as folhys..
2024
No.
2023
No.
Tovm Moor maintenance and reinstalemenl
Administrative staff
No employee received remunerab.on amounbng lo more than £60,1)0012023.' none).
11.
Trustees. r8mun•ration and éxpens
The Honorary Trea5urei reGeived r4.47312023." £4.2001 for hts duties from the Charity.
The Iruslee$ receive sllow8nces to cover expenses Incur￿ ift perfomanee of their dutte5. All trustees
received such allowances during the year. This ￿ speo'fically allowed In accordance wlh the Rules and
Orders of the Stewards of ihe Inco￿OI31ed Companies of Freemen of Ne￿raS￿e upon Tyne.
The IL)tal amount paid was £6.OLKI lo 12 trustees12023". £6.00010 12 trustees).
The Charity considers its key managemenl personnel c(rfnpnse Ihe trustee&
Other than the above. the trustees received no remunerat￿ fr￿￿ the Charity12023 ." None).
Page 21

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
ITHE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
12.
Tangiblv fixed assets
Plant and
fflachinery
Motor Fixtures and
vehrGles
Offlc•
equipmènt
Total
Cost or valuatlon
At 30 September 2023
Addth"ons
176.345
9,994
20.773
27.271
3.135
225,499
13,129
Al 29 September 2024
186.339
20.773
1,110
30,406
238,628
Deprnclatlon
At 30 September 2023
Charge lor the year
138.827
10,267
5,228
4.165
24,934
2,244
169.B30
18,706
40
At 29 September 2024
149.094
9.383
881
27,178
186.536
Net book valuo
Al 29 September 2024
37.245
11.390
229
3,228
52,092
At 29 September 2023
37,518
15.545
269
2.337
55,569
13. Inalienabl¢ and heritage assets
Under the terrns ol the Newcasue upon Tyne Town MOOT Acl 1988. the Charity Is enlided ID half ol the
rent￿, other income and capital reC￿pt5 an￿ng frorn the Tcthn Moor, to te applied for the mainlellance
and improvement of the Town Moor. and in defraying the general exkEnses of Ihe Stewards Comrnillee.
Incomè from gran15 Of intake leasès are Whol￿ receivable ty the Charity. The Charity is also entitled
under the Act lo half of any capitsl monies arising, lo be used to fir.ance impiovements lo the Town Moor
or to be investsd until required.
Under the tèrms of the Newcasrfe upon Tyne Town m￿)r Acl 1988 the linked charity 15 entided to rents
from the intskes which have been designated ty the Stewards of the InGorporaled Companies ol the
Freemen of Newcastle Tyne (The Town Moor Charity).
The trustees have nol ath"buted a value in the financial Statew￿(5 to the atsove rights as significant costs
would be Invo￿ed which woul¢J not provide any usefijl benefit io the users of the ffinancial stslemenl5_
The Charity also owns a Chairman's Chaln of Office and a Chairman's Medallion. Thèse are
IrreplaGeable originals to which no reliable ¢05t or value can be attnbuted. A ring commemorating a
victory aCkno￿edgIng the nyhls of the Freemen. thus secunng the future of the Town Moor al the
Instigation ol Ihe Newcastlè Tyne Town Moor Act 1774 wa5 acquiied In 2003 at a cost of £3,411
and was written off during that yeèr.
In 2013, the Newcastle upon Tyne Lord Mayorfs coach was purchased Irom Newcastle City Council joint
t>y ihe Chanty and Shepherd Offsh￿e for a cost of £25.000 each and wa5 treated as an expense during
that yèar. The objectwes of Ihe JxJr¢ha$e We￿ to retain this historic artefacl wrthin the City.
Page 22

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARIrYi
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 2Y SEPTEMBER 2024
14.
Fixed asset investments
Unrtstrlct•d
funds
Restiicted
funds
Total
Cost or v•luation
AI 3C) September 2023
Revaluations
2,627,219
271.939
1.466,656
148,OB6
4,093,875
42Q.025
Al 29 September 2024
2.899,158
1,614.742
4,513,900
Net book value
Al 29 September 2024
2,899,158
1,614,742
4.513.900
Al 29 September 2023
2.627,219
1.466. 656
4,093,875
AJI investments ale carne(l at their fair value. Investment in fixed Interest and investment fund securities
are all traded in quoted publi¢ markets. The basi5 of fail Value for quoted Inve5trnents Is equivalent lo the
rnarkel valuè using ihe bid pri￿.
15.
Biological assets
2024
Reconciliation of earylng amount
At 30 September 2023
Purchases of Iiveslock
Sales of livestock
17,510
47,640
148,8521
At 29 September 2024
16.298
16. Stocks
2024
Fenung and other slocks
25.510
25,510
Page 23

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
17. Delrtors
2024
2023
Du• withln one year
Rental and letting income
Rentsl and letbng incTrme- linkeLJ charty
Olher debtors and prepayments
S,790
1,138
39.113
290,313
10,078
24.598
46,041
325,049
18.
Credltors: Amount$ falllng due wlthln one year
2024
2023
Creditors and accruals
Deferred income
Deferred incorne- owed by linked charity
1,666.759
61,978
1.876
7,584, 128
61,978
6,646
1,730,613
1.653.352
Deferred income represents rental payments weived in advance for fiJture periocls. These amounts are
recc%Jnised as a Iiabihty unb'l the rental income is earned over the lease lem.
Page 24

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARirYi
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
19. Statement of funds
Statement of funds- curTent year
Balance at
30
Septernber
2023
Balance at
29
Gainsl September
IL06ses1
2024
Income Expenditure
Unrèstrieted funds
Deslgnated funds
Town Moor Fund
General reserve
1A27,IIY4
1,472,518
353.762
1296,094
1,484.762
1,744,4S7
271,939
2.899.612
353.762
1296,0911
271,939
3,229,219
General funds
Income and expenditure
641.278
470.672
1465,850)
646,100
Total Unrestricted funds
3.540,890
824,434
1761.9441
271,939
3,875.319
Restricted lunds
Capital reserye
1.496.583
148,086
1,644,669
Linked charity
79,708
36,782
125,4971
90,993
Total R￿trICt￿ funds
1,576.291
36,782
125A97
148,086
I,735.￿2
Tolal of funds
5,117.181
861.216
17B7,4411
420,025
5,610.981
Page 25

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
rrHE TOWN MOOR CHARfTYI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
19.
Stat¢m?nt of funds Icontlnuedl
Designated
General reserve
The general reserve reptesen15 lunds that a￿ invested to pro￿de ine4)me to meet the costs of the
Ghanty.
Town Moor Fund
Thè Town Moor Fund represents funds f￿Ned to be vsecl to fi"nanct the Charitys PToporb"on of agreed
improvements to bp undert8ken with the City ol Newcastle Tyne and the Freemen.
Restrkted
Capital Re$erye
Under the terms of IhÈ Town Moor Act Capital sums receNed are to be Lfsed to finance improvèments to
the Town Moor or invested unts"I required lor that PUTPOSe.
Llnked charFty
The funds ol the linked charity are separatety ￿entIfied as restricted lunds. At 29 Seplèmber 2024. the
chanty hacl net assets of £90,993129 September 2023 £79.7081.
Page 26

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
19. Statempnt of funds Icontinuedl
Statement of prior year
8alancÈ al
30
September
2022
Balance al
29
September
2023
Transfers
out
G811
(Losses)
Income Expendrtu
Unrè$lricted
fund$
De81gnat•d
lunds
Town Moor Fund
General reserve
I, f97, 278
1.532, 156
348.311
(67. 106J
2.611
1,427.094
1,472,518
f59. 638)
2,669.434
348.311
161, 1061
2.571
(59,6381
2.899, 612
Unrestrleted
funds
Incorne and
expenditure
610.683
403,390
(370. 184)
(2.611J
641,278
Total
Unrestrf¢t¢d
funds
3.280. IY7
751. TOI
(431,290)
f59,638} 3.540, 890
Restricted
funds
Capitsl ieserve
1.529.037
(33,454)
1,496.583
Linked charity
50.1￿8
53, 197
f23.497J
79, 708
Total Rgstrtcted
funds
1,579,045
S3, 197
(23.497)
f33.454)
1,516,291
Total of funds
4,859. IS2
804.898
(454. 787)
(92.092J
5,117,181
Page 27

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
20. Analysis of net assels between funds
Anatysis of net a$$¢ts belwe¢n lunds - current period
UnrestrT¢ted
funds
2024
Capital
resètvè
2024
Linked
charity
2024
Total
lunds
2024
Tangible fixed assets
Fixed asset Investments
52,092
2.899.158
2,652,806
11,728,737)
52,092
4.513,900
92.869
2,775,602
11,8761 {1.730.6131
1.614,742
29,927
Current a$5e15
Creditors due within one year
Total
3.875.319
1.644.669
90,993
5,610,981
Analysis of net assets ￿tW￿n lunds- prior period
unrestr￿tEd
funds
2023
Cèprtal
reseThe
2023
Linkèd
charffty
2023
Total
funds
2023
TangitAe fixed assets
Fixed asset investments
Current assets
Creditors duè wathin one year
55.669
2.627,219
2,504. 708
(1,646, 706)
55.669
4,093,875
86,354
2.620.989
(6,646) (1,653,352)
1.466,656
2g.g27
Total
3.540.890
1.496.583
19. 108
5.117.181
Page 28

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
(THE TOWN MOOR CHARITYI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEM8ER 2024
21.
Reconciliation of net movement in funds to net cash Ilow Irom opera¢lng activities
2024
2023
Net Income lor the period las per Statement ol Financial Acbvthsl
493,800
258.019
Adlustments for=
Depreciation charges
Lossllprolitl on the sale ol fixed assets
(Gainslllosses on investments
DiM¢Jends and interest from inve5tsnents
Ilncrea5el in t￿￿OgiCal assets Ilbvestock and other stock)
Decreasellincreasel In debtors
Increase in cieditors
16.706
12.455
(8. 1641
92,092
(150.614)
f5.712J
{225.836J
315,462
(420.0251
1192,3261
124,2981
279.008
77.261
Net tash provlded by operating a¢llvities
230,126
287, 702
22. Analysls of Gash and cash Èquivalents
2024
2Q23
Cash In bank
Cash al bank- linked charity
2.616,459
71,294
2.212,413
66,017
Total cash and cash equivaknts
2.687,753
2.278,430
23. Analysis of changes In net debl
At30
S•plembèT
2023 Cash flows
At29
S•pternber
2024
Cash at bank and in hand
2.278.430
409.323
2.687,753
2,278,430
409.323
2,687,753
Olher finart¢ial commitrnents
At the balance sheet date the Charity was ¢ommrtted to repl￿ment of fencing, purchase of new grass
cutters, sile reinstatement and legJ and professional fees al a total cost of £157.800. No amount has
been Charged to the Stalement of Financial Aclwibes in the year to 29 September 2024.
Page 29

STEWARDS OF THE INCORPORATED COMPANIES OF THE FREEMEN OF NEWCASTLE UPON TYNE
{THE TOWN MOOR CHARITY)
NOTES TO THE FINANCIAL STATENENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024
25. R•lated party transactions
Company Stewards attending relevant meets"ng5 receive an expense allowance Df £2012023.. £201. This
15 specifically allowed in a¢¢ordance with the Rule5 and Oiders of the Slewards ol the Incorporated
Companies Df Freemen ol Newcastle upon Tyne. The total amount paid was £3.Ck8012023 .' £3,620),
There were no other related party Irdnsactions requiring dL%dowre.
Page 30