Trustees, Annual Report for the period Period start date 01 08 Period end date 31 07 2023 2024 i i*. From To Section A Reference and administration details Charity name Prudhoe Street Mission Other names charity is known by Registered charity number (If any) 277487 Charity's principal address Clo Brunswick Methodist Church Brunswick Place Newcastle upon Tyne Postcode NE17BJ Names of the Charlty trustees who manage the charity Dates acled If not for whole •ar Trustee namg Offlco Ilf any) Name of person (or body) entltled toa olnt trust8e Ifan Mrs M.B. Leighton Mr D.A. Stabler Mrs L Jacobs Chair Mr T. Leighton Mr A.G. Nicholson Mrs L.F. Nicholson 10 12 14 16 18 19 20 Names of the trustees for the charity. if any, (for example, any custodian trustees) Name Dates acted if not for whole ear TAR March 2012
Names and addresses of advisers {Optional informatlon) e of adviser Name Address Ryecroft Glenton Lloyds Bank Brewin Dolphin Accountant 32 Portland Terrace, Newcastle upon Tyne, NE2 1 QP 102 Grey Street. Newcastle upon Tyne. NE99 1SL Time Central, Gallowgate, Newcastle upon Tyne NE1 4SR Banker Investment manager Name of chief executive or names of senior staff members (Optional information) Section B Structure, overnance and mana ement Description of the charity's trusts Conveyance dated 3 May 1920, amended by Scheme 7 December 2000 Type of governing document How the charity is constituted leg assor.iation, comr)a Trustee selection methods Trustees are appointed or reappointed annually at the Annual General Meeting held in October each year. Additional governance issues (Optional infomiation) You may choose to include additional information, where relevant, about: policies and procedures adopted for the induction and training of trustees; the charity's organisational structure and any wider network with which the charity relationship with any related parties. trustees. consideration of major risks and the system and procedures to manage them. Section C Ob'ectives and activities Evan9elistic un-denominational r¢ligiou6 and rnoral and SOGial work for children and adults. Summary ofthe objects of the Gharity set out in its governing document TAR March 2012
The main activities of the Mission are: a. To provide a place for Divine worship,. b. To impact religious or other instruction- 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 Ghildren or adults., To provide a residence for the pastors in connection with the mission,. For the provision of food for the poor; For other purposes not inconsistent with tending to the benefit of the moral, social or intellectual support of any person. Summary ofthe main activities undertaken for the public benefit in relation to these objocts (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 actlvitles (Optional information) You may choose to include further statements, where relevant, about: policy on grantmaking; policy programme related investment,. contribution made by volunteers. TAR MarGh 2012
Section D Achievements and performance Summary of the main achievements of the charity during the year The charity sold the miggion building a number of years ago, the c8Pltal proceeds together with the cash reserves are actively managed by advisors Brewin Dolphin on the basis of total return with the aim to provide income of circa 3 /0 (achieved in 2024: 2.88 % ). 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 fomier 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: West End Refugees £1,000 Footsteps £5,000 St Gabriel's Church £5,000 Jesmond Methodist £1,500 M.l.N.E £2,700 Walker Food Bank £1,000 Mary & Martha £1,000 Strongpoint Chowdene £5,000 Percy Msin Primary School £2,000 Church of the Good Shepherd £2,500 Brunswick Melhodist £5,000 Trinity Gosforth £1,600 Phoenix DYR £2,500 Regent Christian £10,000 Monkton Park Methodist £2,500 TAR March 2012
Section E Financial review The Mission Trustees wish to maintain reserves to provide income to maintain the Pastor's home, give grants and fulfil the aims, maintaining the capital in real terms taking inflation into account. Brief statement of the harity's pollGy on reserves Details of any funds materially in deficit No fund in deficit. Further financial review details {Optional information) You may choose to include additional infomiation, where relevant about: the Gharity's princlpal source5 of funds (including any fundraising): how expenditur8 has supported the key objectives of the charity,, investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration Tha trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnature(s) Full name(s) Position {og Secretary, Chair, etc) Mrs Lynn Jacobs Chair Date 1.4*.23. TAR March 2012
CHARITY COMMISSION FOR ENGLAND AND WALE5 Prudhoo Street Mission 247487 Receipts and payments aGGounts CC16a For the period from To 0110812023 3110712024 Section A Receipts and payments Unrestricted nds Restricted funds Endowment funds Total fund8 L•8t yèar to the neargjl to the nearest £ to thg n•ar8st £ to th• n•ar•*l £ to tho n•ar••t £ A1 Rocolpts Donation5 PrDPèrty incomè Inv051rnenl inGorri8 In18rgsl f8c8iv•d 195 4,164 85,310 1.760 195 4,164 55,310 1.780 26S 4,164 58,290 838 Sub total (Gmss income for ARJ 61.429 61.4 83.SS7 A2 A88•t and invostmént 88108, (s•• t•bl•). Sub total Total recelpts 61,429 81,429 63,557 A3Pa ments Propety expenses Generdl expenses Grants made Invèstmènt m#nagèm8ni f8•8 Accountancy 1,825 144 30,500 11,423 762 185 48.300 11,795 810 185 48,300 11,79S 810 Sub total 61,735 01.735 44.654 A4 Asset and Investment purchases. {see table) Sub total Total payments 61.735 61.735 44,fj54 Net of receipts/(payments) A5 Transfers batween funds AO Gash funus Sa51 year Cash funds thls year end 1308) {3061 18,903 9£,000 92,560 92,000 92.560 T3,963 92.866 CCXX R1 accounts {SSI
Section B Statement of assets and liabilities at the end of the périod UnrestriGted funds to noar•8t £ Res£riGted funds to areSt £ "ategori8S Details funds to ngarest £ B1 Cash funds Lloyds current accou?1 5,157 Epworth Cash Plu5 Fund 28,950 Brewfjn Dolphin 58,453 Total Gash fund5 92,500 (agree balanse5 with recelpls paymonis accountl$ll Unro8trlct•d funds to n88ra$t £ Rg8trlcled funds to ng4r•st £ Endowmont funds to n88r891 e Delails Fund to whlch as8Ot b•lon Deiails Br•wn Dolphin Inveslrnent Porifolio C08t loptlon*ll 1,366,640 Currènt Wdlu• tlonal 1,838,381 B3 Investment assets Fund to whleh 48¥•t bglon Delai14 Cosl loptlon•ll CuTh•nt valu• tSonal B4 Assets retained for the charlty's own use Fund to whlc Amount due tfjonal •n du• Ilonal Detsils B5 Llablllti88 Signed by one or Nvo trustees on behalf of all the Iruste8S Signaturo Print Name Date of roval L yAJ 4413] ID A-g44gLA CCXX R2 accounts ISSI