| Unrestricted | Endowment | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2023 | 2023 | 2023 | 2022 | |||||
| Note | ||||||||
| Income and endowments | from: | |||||||
| Investments | 172,929 | 172,929 | 211,709 | |||||
| Other income | 8,034 | 8,034 | ||||||
| Total income and | endowments | 180,963 | 180,963 | 211,709 | ||||
| Expenditure on: |
||||||||
| Raising funds | 2,541 | 76,476 | 79,017 | 82,602 | ||||
| Charitable activities |
318,455 | 318,455 | 335,608 | |||||
| Total expenditure | 320,996 | 76,476 | 397,472 | 418,210 | ||||
| Net expenditure | before net (losses) | |||||||
| on investments | (140,033) | (76,476) | (216,509) | (206,501) | ||||
| Net (losses)/gains | on investments | (365,272) | (365,272) | 593,907 | ||||
| Net (expenditure) | Iincome | (140,033) | (441,748) | (581,781) | 387,406 | |||
| Transfers between |
funds | 15 | 200,000 | (200,000) | ||||
| Net movement in |
funds | 59,967 | (641,748) | (581,781) | 387,406 | |||
| Reconciliation of |
funds: | |||||||
| Total funds brought | forward | 435,795 | 9,442,202 | 9,877,997 | 9,490,591 | |||
| Net movement in |
funds | 59,967 | (641,748) | (581,781) | 387,406 | |||
| Total funds carried forward | 495,762 | 8,800,454 | 9,296,216 | 9,877,997 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Investments | 11 | 8,737,832 | 9,305,680 | |||
| Investment property |
10 | 480,000 | 550,000 | |||
| 9,217,832 | 9,855,680 | |||||
| Current assets | ||||||
| Debtors | 12 | 7,797 | 22,065 | |||
| Cash at bank and | in hand | 115,472 | 149,263 | |||
| 123,269 | 171,328 | |||||
| Creditors: amounts | falling due within one | |||||
| year | (44,885) | (149,011) | ||||
| Net current assets | 78,384 | 22,317 | ||||
| Total assets less | current liabilities | 9,296,216 | 9,877,997 | |||
| Total net assets | 9,296,216 | 9,877,997 | ||||
| Charity funds | ||||||
| Endowment funds |
15 | 8,800,454 | 9,442,202 | |||
| Unrestricted funds |
15 | 495,762 | 435,795 | |||
| Total funds | 9,296,216 | 9,877,997 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| Investment | income - dividends | 134,526 | 134,526 | 181,377 |
| Investment | income - gross interest | 5,865 | 5,865 | 18 |
| Income from property | 32,538 | 32,538 | 30,314 | |
| 172,929 | 172,929 | 211,709 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023 | 2023 | 2022 | ||||
| Uncleared | distributions | written | back | 7,700 | 7,700 | |
| Other income | 334 | 334 | ||||
| Total 2023 | 8,034 | 8,034 |
| Unrestricted | Endowment | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023 | 2023 | 2023 | ||||
| Investment | management | fees | 76,476 | 76,476 | ||
| Rental property | outgoings | 2,541 | 2,541 | |||
| 2,541 | 76,476 | 79,017 | ||||
| Unrestricted | Endowment | Totai | ||||
| funds | funds | funds | ||||
| 2022 | 2022 | 2022 | ||||
| Investment | management | fees | 81,104 | 81,104 | ||
| Rental property | outgoings | 1,498 | 1,498 | |||
| 1,498 | 81,104 | 82,602 |
| Grants to | Total | ||
|---|---|---|---|
| Institutions | funds | ||
| 2023 | 2023 | ||
| Grants | payable | 279,000 | 279,000 |
| Grants to | Totai | ||
| Institutions | funds | ||
| 2022 | 2022 | ||
| Grants | payable | 300,250 | 300,250 |
| 6 | Charitable grants |
No. | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| The following grants are all institutional |
grants. | |||||||||
| "Regular" annual grants | ||||||||||
| Social Care | ||||||||||
| Age UK South Tyneside | 1,000 | |||||||||
| Barnardo's Homes |
2,250 | |||||||||
| BLESMA | 1,000 | |||||||||
| Changing Lives |
1,250 | |||||||||
| Children North East |
2,000 | |||||||||
| Childrens Society |
1,200 | |||||||||
| County Durham Cheshire |
Home | 1,200 | ||||||||
| Guide Dogs for the Blind | Association | 1,000 | ||||||||
| Independent Age |
1,500 | |||||||||
| Leonard Cheshire in Northumbria |
1,200 | |||||||||
| Mission to Seamen Tyne | and | Wear | Station | 1,000 | ||||||
| NCH Action for Children | 2,250 | |||||||||
| North Northumberland Hospice |
2,250 | |||||||||
| NSPCC | 2,250 | |||||||||
| Percy Hedley Association | 2,250 | |||||||||
| Royal National Mission to |
Deep | Sea | Fishermen | 1,000 | ||||||
| Salvation Army |
2,250 | |||||||||
| Church Army |
2,200 | |||||||||
| Samaritan's Northumbria |
1,000 | |||||||||
| SSAFA Northumbria | 2,250 | |||||||||
| SSAFA Tyne and Wear | 2,250 | |||||||||
| SSAFA Tyne and Wear emergency | cases | 2,000 | ||||||||
| SSAFA Tyne and Wear emergency | cases | 1,750 | ||||||||
| SSAFA Tyne and Wear emergency | cases | 1,750 | ||||||||
| SSAFA Tyne and Wear emergency | cases | 2,000 | ||||||||
| The Peoples Kitchen | 1,000 | |||||||||
| Tiny Lives | 2,500 | |||||||||
| Tyne and Wear Centre Against | Unemployment | 3,750 | ||||||||
| Tyneside Scottish RAA | 1,000 | |||||||||
| The Samaritans of Central |
Durham | 1,000 | ||||||||
| The Samaritans of Newcastle |
8 | Tyneside | 1,200 | |||||||
| 52,500 | 31 | 18.82 | ||||||||
| Health | ||||||||||
| Action for M E | 1,300 | |||||||||
| Action Medical Research | 2,250 | |||||||||
| Versus Arthritus | 1,200 | |||||||||
| SHINE (Association for Spina |
Bifida | 8 Hydrocephalus) | 1,000 | |||||||
| CALIBRE | 1,000 | |||||||||
| C.H.U.F | 2,500 | |||||||||
| Coping with Cancer North |
East | 1,250 |
| 6 | Charitable grants (continued) |
No. | ||||||
|---|---|---|---|---|---|---|---|---|
| Health (continued) | ||||||||
| Cued Speech Association | 1,000 | |||||||
| Daft as a Brush Cancer Care | 2,250 | |||||||
| Listening Books |
1,000 | |||||||
| Marie Curie Cancer Care | 2,250 | |||||||
| MENCAP | 2,250 | |||||||
| Mental Health Foundation |
(North East) | 1,200 | ||||||
| Mental Health Matters |
1,000 | |||||||
| Northern Counties Kidney |
Patients | Holiday | Fund | 2,250 | ||||
| Northern Counties Kidney |
Patients | Holiday | Fund | 2,250 | ||||
| Northern Counties School |
for the Deaf | 2,250 | ||||||
| Prostate UK |
5,000 | |||||||
| Riding for the Disabled | 1,000 | |||||||
| Royal National College for |
the Blind | 1,000 | ||||||
| St Oswald's Hospice |
2,600 | |||||||
| The Northumbria Deaf Mission |
5,000 | |||||||
| North East Autism Society | 1,000 | |||||||
| 43,800 | 23 | 15.70 | ||||||
| Education | ||||||||
| Beacon Hill School |
1,000 | |||||||
| Literary & Philisophical Society |
1,000 | |||||||
| 2,000 | 2 | 0.72 | ||||||
| Arts, Culture &Recreation | ||||||||
| Alnwick Playhouse | 3,250 | |||||||
| Beamish Development Trust |
1,000 | |||||||
| Boys Brigade Newcastle North Tyne Battalion |
1,000 | |||||||
| Duke of Edinburgh Award |
1,000 | |||||||
| Durham Scout County Association | 1,750 | |||||||
| Girlguiding Newcastle |
1,750 | |||||||
| Girlguiding North Tyneside |
1,750 | |||||||
| Girlguiding Northumberland |
County | 1,750 | ||||||
| Holy Island Village Hall |
1,500 | |||||||
| Newburn District Sea Cadets |
1,750 | |||||||
| Newcastle Divisional Scout Association |
1,750 | |||||||
| North Music Trust | 1,750 | |||||||
| Northumberland Scout Association |
1,750 | |||||||
| The Calvert Trust | 1,250 | |||||||
| YMCA Newcastle | 1,750 | |||||||
| 24,750 | 15 | 8.88 | ||||||
| Religious Activities | ||||||||
| Abbeyfield Newcastle Society |
2,250 | |||||||
| Lindisfarne Church Restoration Fund |
2,200 | |||||||
| Newcastle Diocesian Sons of the Clergy |
1,000 | |||||||
| Shepherd's Law Hermitage |
1,000 | |||||||
| Society of St Francis | 1,250 |
| NOTES TO | THE FINANCIAL STATEMENTS | ||||||
|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2023 | |||||||
| 6 | Charitable grants (continued) |
No. | |||||
| Religious Activities | |||||||
| Youth For Christ | 1,000 | ||||||
| 8,700 | 6 | 3.12 | |||||
| Development &Housing |
|||||||
| Azure Charitable Enterprise |
1,000 | ||||||
| Northumberland & Newcastle |
Society | 1,000 | |||||
| Tyne Housing Association |
1,750 | ||||||
| SHELTER North East Housing | Aid | Centre | 1,000 | ||||
| 4,750 | 4 | 1.70 | |||||
| Environment &Animal Care |
|||||||
| Northumberland Wildlife Trust |
1,000 | ||||||
| Tweed Foundation | 750 | ||||||
| TDI Derwentside Initiative |
2,250 | ||||||
| 4,000 | 3 | 1.43 | |||||
| Philanthropy, Volunteering & Voluntary Sector Support |
|||||||
| British Red Cross Northumberland | Branch | 2,250 | |||||
| League of Friends South Tyneside | 750 | ||||||
| Northern Ladies Annuity Society |
2,250 | ||||||
| REMAP Tyne Panel | 1,000 | ||||||
| RNLI | 2,250 | ||||||
| StJohn Ambulance | 1,000 | ||||||
| Tynemouth Volunteer Life Brigade |
1,000 | ||||||
| Royal Voluntary Service |
1,000 | ||||||
| 11,500 | 8 | 4.12 | |||||
| Civil Society, Law &Advocacy | |||||||
| Citizen's Advice Bureau Newcastle | 1,000 | ||||||
| RELATE Northumberland &Tyneside |
1,250 | ||||||
| 2,250 | 2 | 0.81 | |||||
| 154,250 | 94 | 55.30 |
| 6 | Charitable grants (continued) |
No. | o/o | ||||
|---|---|---|---|---|---|---|---|
| The following grants are all institutional |
grants. | ||||||
| "One-off" grants | |||||||
| Social Care | |||||||
| ABF The Soldiers Charity | 1,500 | ||||||
| Brightwell Supporting Refugees |
5,000 | ||||||
| Brightwell Supporting Refugees |
5,000 | ||||||
| The Charlotte Straker Project |
10,000 | ||||||
| Hospitality & Hope |
5,000 | ||||||
| High Sheriff of Northumberland | 2,000 | ||||||
| Light Dragoons Charitable Trust |
3,500 | ||||||
| SSAFA Northumberland Oswin |
Project | 5,000 | |||||
| Sick Children's Trust |
5,000 | ||||||
| Tyne and Wear Centre Against | Unemployment | 1,250 | |||||
| Tyneside Outdoors |
5,000 | ||||||
| 48,250 | 11 | 17.29 | |||||
| Development &Housing |
|||||||
| Holy Island 2050 Project | 5,000 | ||||||
| Oasis Community Housing |
1,000 | 6000 | 2 | 2.15 | |||
| Health | |||||||
| Lennox Children's Cancer Trust |
1,000 | ||||||
| Daft As A Brush Cancer Care | 2,500 | ||||||
| Susan Channon Breast Cancer |
Trust | 2 500 | 6000 | 3 | 2.15 | ||
| Environment &Animal Care |
|||||||
| Country Trust |
5,000 | ||||||
| 5,000 | 1 | 1.79 | |||||
| Arts, Culture &Recreation | |||||||
| North Shields Rugby Club |
5,000 | ||||||
| Orchestra North East |
5,000 | ||||||
| Percy Park Rugby Football Foundation |
5,000 | ||||||
| Shieldfield Artworks |
5,000 | ||||||
| Carols in Chelsea | 2,000 | ||||||
| Samling Institute for Young Artists |
5,000 | ||||||
| Northumbria Army Cadets |
5,000 | ||||||
| South Shields Westoe RFC | 2,000 | ||||||
| SSAFA re King's Coronation | 4,000 | ||||||
| 38,000 | 9 | 13.62 |
| 6 | Charitable grants (continued) |
Charitable grants (continued) |
No. | o/o | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| The following grants are all institutional |
grants. | |||||||||
| "One-off" grants | ||||||||||
| Religious Activities | ||||||||||
| Delaval PCC re Church of Our Lady project | 5,000 | |||||||||
| St Mary the Virgin, | Holy Island | 5,000 | ||||||||
| 10,000 | 2 | 3.58 | ||||||||
| Philanthropy, Volunteering |
and Voluntary | Sector Support | ||||||||
| StJohn Ambulance | 1,500 | |||||||||
| 1,500 | 1 | 0.54 | ||||||||
| Education | ||||||||||
| St Chad's College | 10,000 | |||||||||
| 10000 | 1 | 3.58 | ||||||||
| 124,750 | 30 | 44.70 | ||||||||
| Grand Totals | 279,000 | 124 | 100.00 | |||||||
| Total number of applications |
processed | other | than regular | list | 129 |
| Grant | ||||
|---|---|---|---|---|
| funding of |
Support | Total | ||
| activities | costs | funds | ||
| 2023 | 2023 | 2023 | ||
| Grants | payable | 279,000 | 39,455 | 318,455 |
| Grant | ||||
| funding ot |
Support | Totai | ||
| activities | costs | funds | ||
| 2022 | 2022 | 2022 | ||
| Grants | payable | 300,250 | 35,358 | 335,608 |
| Grant | |||||||
|---|---|---|---|---|---|---|---|
| making | Total | Total | |||||
| Activities | funds | funds | |||||
| 2023 | 2023 | 2022 | |||||
| Auditor's | remuneration | 5,796 | 5,796 | 5,664 | |||
| Office costs | 1,874 | 1,874 | 304 | ||||
| Bank charges | 110 | ||||||
| Professional | fees (inc. administration, | management | and | ||||
| secretarial | services) | 31,785 | 31,785 | 29,280 | |||
| 39,455 | 39,455 | 35,358 |
| Freehold | |
|---|---|
| investment | |
| property | |
| Valuation | |
| At 1 April 2022 | 550,000 |
| Deficit on revaluation | (70,000) |
| At 31 March 2023 | 480,000 |
| Cash held | |||
|---|---|---|---|
| Listed | for re- | ||
| investments | investment | Total | |
| Cost or valuation | |||
| At 1 April 2022 | 9,245,788 | 59,892 | 9,305,680 |
| Additions | 4,011,168 | 233,466 | 4,244,634 |
| Disposals | (4,412,322) | (100,000) | (4,512,322) |
| Revaluations | (300,160) | (300,160) | |
| At 31 March 2023 | 8,544,474 | 193,358 | 8,737,832 |
| Net book value | |||
| At 31 March 2023 | 8,544,474 | 193,358 | 8,737,832 |
| At 31March 2022 | 9,245,788 | 59,892 | 9,305,680 |
| 2023 | 2022 | ||
|---|---|---|---|
| Due within one year | |||
| Other debtors | 3,954 | 19,760 | |
| Prepayments | and accrued income | 3,843 | 2,305 |
| 7,797 | 22,065 |
| 2023 | 2022 | |
|---|---|---|
| Rent deposit | 3,750 | |
| Grant commitments | 109,150 | |
| Accruals | 41,135 | 39,861 |
| 44,885 | 149,011 |
| 2023 | 2022 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial | assets | ||||||||||
| Financial | assets | measured | at | fair | value | through | income | and | expenditure | 8,737,832 | 9,305,680 |
| Statement offu | nds - prior year |
|||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | Gains) | 31March | |||
| 1April 2021 | Income | Expenditure | in/out | (Losses) | 2022 | |
| Unrestricted | ||||||
| funds | ||||||
| Unrestricted | ||||||
| income fund | 426,192 | 211,709 | (337,106) | 135,000 | 435,795 | |
| Endowment | ||||||
| funds | ||||||
| Expendable | ||||||
| Endowment | ||||||
| Fund | 9,064,399 | (81,104) | (135,000) | 593,907 | 9,442,202 | |
| Total offunds | 9,490,591 | 211,709 | (418,210) | 593,907 | 9,877,997 |
| Analysis of net assets between funds - cur | rent year | ||
|---|---|---|---|
| Unrestricted | Endowment | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| Fixed asset investments | 417,378 | 8,320,454 | 8,737,832 |
| Investment property |
480,000 | 480,000 | |
| Current assets | 123,269 | 123,269 | |
| Creditors due within one year | (44,885) | (44,885) | |
| Total | 495,762 | 8,800,454 | 9,296,216 |
| Analysis of net assets between funds - prio | r year | ||
|---|---|---|---|
| Unrestricted | Endowment | Totai | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| Fixed asset investments | 413,478 | 8,892,202 | 9,305,680 |
| Investment property |
550,000 | 550,000 | |
| Current assets | 171,328 | 171,328 | |
| Creditors due within one year | (149,011) | (149,011) | |
| l | 435,795 | 9,442,202 | 9,877,997 |