2023-07-31-accounts - Trust Property Held In Connexion With The Prudhoe Street Mission

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ay Trustees’ Annual Report for the period a COMMISSION“ f Period01 start08 date 2022 Period31 end date08 2023 Sa From To

Section A

Reference and administration details

Charity name| Prudhoe Street Mission

Registered charity number (if any) al al

Charity's principal address|C/o Brunswick Methodist Church

Brunswick Place Newcastle upon Tyne

Names of the charity trustees who manage the charity

1[MrsMB.Leighton [| 2{MrDAStabler | 3|MrsLJacobs (Char | a[MrTteighton | |SCO 5[MrAG.Nicholson | |S SC—~—~—SC 6[MrsLF.Nicholson| || ] i nr Ce Pee Tae 5 an es A ee De i ce a esa eee ee | i a ae nie aaa a a (er ) Ss CEaneE Sac es Leena aan | ee ene irae es allge ef 7 | a a, ae Reacher eT | eee eee Fe ae aaa eke, ceaieieieeane | OT 3 Names of the trustees for the charity, if any, (for example, any custodian trustees) (Name —~—“—*s—CSCC Dates. acted if not for whole year

TAR

March 2012

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Names and addresses of advisers (Optional information) ;
Type of adviser Name. Address
‘Accountant __—[RyecroftGienton |32 Porttand Terrace, Newcastle upon Tyne, NE2 1@P
Lloyds Bank 102 Grey Street, Newcastle upon Tyne, NE99 1SL
Investment manager Brewin Dolphin Time Central, Gallowgate, Newcastle upon Tyne NE1
. 4SR .
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document Conveyance dated 3 May 1920, amended by Scheme 7 December 2000
How the charity is constituted
2seocigtan vanvipeny}
Trustee ' Trustees are appointed or reappointed annually at the Annual General
selection methods Meeting held in October each year.
Additional governance issues (Optional information)
You may choose to include |
additional information, where
relevant, about:
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e policies and procedures adopted for the induction and training of trustees;
e the charity’s organisational structure and any wider network with which the charity works;
e relationship with any related parties;
e trustees’ consideration of major risks and the system and procedures to manage them.

Section C

Objectives and activities

Evangelistic un-denominational religious and moral and social work for children and adults. . Summary of the objects of the : charity set out in its governing document ‘

TAR

March 2012

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The main activities of the Mission are:
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a. To provide a place for Divine worship; b. To impact religious or other instruction; c. To enable meetings for the furtherance of any religious charitable | or benevolent purpose;
d. To provide schools for education of the poor of Newcastle upon Tyne, whether children or adults;

e. To provide a residence for the pastors in connection with the mission; Summary of the main f. For the provision of food for the poor; activities undertaken for the For other purposes not inconsistent with tending to the benefit of the public benefit in relation to moral, social or intellectual support of any person. these objects (include within this section the statutory — declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

e policy on grantmaking;
e policy programme related investment;
e contribution made by volunteers.

TAR

March 2012

Section D Achievements and performance Summary[iia] ‘ The charity sold the mission building a number of years ago, the capital achievements of the charityF None; ooeten; with: the cash reserves are: actively. managed, by P during the year advisors Brewin Dolphin on the basis of total return with the aim to provide income of circa 3% (achieved in 2023: 2.87%). The trustees reviewed the income and growth of the fund and were satisfied with the | results, the trustees also considered the risks that the charity has and consider that these are minimal. The charity continues to own a manse which is the retirement home of the former pastors. The income is used towards grants to support Churches, primarily to contribute towards major repairs to premises and help pay for youth work. , The Foundation helped the undernoted charities and projects and received reports from most of the organisations that received awards:

e West End Refugees £2,000
e Feeding Families £5,000
e Milbourne Methodist Church £3,000
e St John’s Percy Main £5,000
e M.I.N.E £2,000

;

e Phoenix Youth project £5,000 e Maggies £5,000 e The Bay Food Bank £500 e St Cuthberts £3,000

TAR

March 2012

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Section E Financial review
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The Mission Trustees wish to maintain reserves to provide income to ; Brief statement of the maintain the Pastor's home, give grants and fulfil the aims, maintaining charity’s policy on reserves the capital in real terms taking inflation into account. |

Details of any funds materially ; . in deficit No fund in deficit.

Further financial review details (Optional information)

You may choose to include additional information, where relevant about: .

e the charity's principal | sources of funds (including any fundraising);
e how expenditure has supported the key objectives of the charity;

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e investment policy and objectives including any ethical investment policy adopted.

Section F

Other optional information

Section G Declaration The trustees declare that they have approved the trustees’ report above.

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Signed on behalf of the charity’s trustees
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Full name(s) |Mrs Lynn Jacobs
etc)
Date gq. 7
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TAR

March 2012

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |:| |=| |Receipts|and|payments|accounts| |For the period|To| |‘|from|01/08/2022|31/07/2023| |Section|A|Receipts|and|payments| |Unrestricted|Restricted|Endowment| |:|kana|ainda|4|‘onde|Total funds|Last year| |"| |tothe|nearest|£|to|the|nearest£|to the nearest£|to the nearest£|to|the|nearest£| |Ai|Receipts|:| |ae||||as||ee) |)| |ee ||ee| |eS) |ee| |ee(SaeeaneT||ee|P1900|| |ee|eee || |PCes ey LL)|(eee() ||||| eee)| |D|2|3)|s|‘7|2| |A2|Asset and|investment sales,| |see|table).|;| |pian|italy;|SsSsaas| |a|hearers|[SoeneR|Ty| |Subtotal||Pye|eer?| |A3 Payments| |PropertyexpensesSSSC~sSC“‘“C;S3SCCOO]|(CU! C(I|4828 || |GeneratexponeesOC|A | | ee ee| |GrantsmadeSS™~—“—~s*~s—s—s—ésYSC“‘CNC:CO(#OWOO)|||{Oe| |TOT =|823||12,280| |PTT|TC Ce|720|| |ai||es |eee || |Snee)aaans|ines,|-|||[re]| |‘|I (Le) ee| |[ee a ee| |Subtotal]|440s) {JTC||eee|[Lass]|77|| |A4|Asset and|investment| |purchases,|(see table)| |(ieee| |I|el|| |Sub|total||=|| |Total payments [—_wa684]|[—-]|[J| |AS|[Transfers]|Net|ofreceipts(payments) between|[ funds]|(a:|| meeaatieenee| ||Lee|ES ||__ 19,995)| |A6 Cash funds last|year|end|7,968|[|]| |Cash funds|this year end|(Ses|J|ae|

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CCXX R1 accounts (SS)

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Section|B|Statement|of|assets|and|liabilities|at|the|end|of|the|period| |Unrestricted|Restricted|Endowment| |ies|ails|funds|funds|funds| |Bt Cash funds|to|nearest|£|ato|nearest|£||asto|nearest £| |1) es |eS| |Total cash funds|aePr|) |a| |(agree|balances with|receipts and payments| |account(s))| |:|Unrestricted|Restricted|Endowment.| |funds|funds|funds|—| |,|Details|:|to|nearest £|to|nearest £|to nearest £| |ee ——| |Fund|to which|'|Current|value| |Details|asset beton|peers|See|optional| |—_|=| |‘|Fund to which|Current value| |Details|asset belongs|sche|‘optional| |B4|Assets retained| |for the|es||a| |Fund to which|Amount|due|When|due| |a|=<Details|=liability|relates|optional|=optional| |Signed|by one or two|trustees|on|behalf|F|,|Date|of| |of all|the trustees|Signature|Fant blame|approval|

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CCXX R2 accounts (SS)

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CCXX R1 accounts (SS)

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CCXX R2 accounts (SS)