## 

## 

## 



## 

## 

||||Page|
|---|---|---|---|
|Trustees'<br>report|||1-2|
|Independent<br>examineVs||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements|||





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
||Notes|f|E||F|K|E|
|Income from:||||||||
|Donations<br>and legacies||18,684|10,956|29,640|13,321||13,321|
|Charitable<br>activities||840||840|7,464||7,464|
|Other trading<br>activities||29,626||29,626|29,266||29,266|
|Investments|||||1||1|
|Total income||49,150|10,956|60,106|50,052||50,052|
|Expenditure<br>on:||||||||
|Raising funds|7|13,638||13,638|15,344||15,344|
|Charitable<br>activities|8|40,433|2,952|43,385|36,281|382|36,663|
|Total expenditure||54,071|2,952|57,023|51,625|382|52,007|
|Net income/(expenditure)|and|||||||
|movement<br>in funds||(4,921)|8,004|3,083|(1,573)|(382)|(1,955)|
|Reconciliation offunds:||||||||
|Fund balances at 1 January||||||||
|2023||80,671|5,543|86,214|82,244|5,925|88,169|
|Fund balances at 31||||||||
|December 2023||75,750|13,547|89,297|80,671|5,543|86,214|





## 

## 

## 

||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
||||Notes||||E||
|Fixed assets|||||||||
|Tangible assets|||12|||92,275||88,212|
|Current assets|||||||||
|Stocks|||13|8,477|||8,726||
|Debtors|||14|1,429|||505||
|Cash at bank and in||hand||9,238|||9,949||
|||||19,144|||19,180||
|Creditors:|amounts|falling due within|15||||||
|one year||||22,122|||21,178||
|Net current|liabilities|||||(2,978)||(1,998)|
|Total assets less current liabilities||||||89,297||86,214|
|The funds|ofthe charity||||||||
|Restricted|income funds||17|||13,547||5,543|
|Unrestricted|funds|||||75,750||80,671|
|||||||89,297||86,214|





## 

## 

## 

## 

## 

## 

## 

## 



## 

## 


## 

## 

## 

## 



## 

## 

## 

## 

## 

## 




## 

## 

## 

||Admissions|Charitable|Total|Total|
|---|---|---|---|---|
|||Income|||
|||2023|2023|2022|
|Admissions|840||840|1,074|
|Events income||||6,390|
||840||840|7,464|



## 

|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2023|2022|
|||||E||
|RaNe||||5,408|5,393|
|Shop|income|||23,228|23,574|
|Letting|and licensing||arrangements|990|299|
|Other|trading|activities||29,626|29,266|



## 

|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2023|2022|





## 

## 

## 

|Raising funds||||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||general|general|
|||2023|2022|
|||E|f|
|Qyjj(~+||||
|Staging fundraising|events|13,631|11,320|
|Exhibition costs|||959|
|Advertising|||3,065|
|Raising funds||13,638|15,344|
|||13,638|15,344|



## 

|||||||Charitable|Charitable|
|---|---|---|---|---|---|---|---|
|||||||activities|activities|
|||||||2023|2022|
|Staff costs||||||21,887|18,476|
|Depreciation||and impairment||||5,146|4,639|
|Heating<br>oil||||||2,455|2,340|
|Electricity||||||1,112|158|
|Rent, rates and insurance||||||1,539|2,606|
|Repairs and|cleaning|||||6,325|4,568|
|Postage, stationery,|||advertising||and telephone|1,162|1,195|
|General administration||||expenses||871|2,285|
|Bank charges||||||488|396|
|Professional||fees||||2,400||
|||||||43,385|36,663|
|||||||43,385|36,663|
|Analysis<br>by||fund||||||
|Unrestricted|funds -||general|||40,433|36,281|
|Restricted funds||||||2,952|382|
|||||||43,385|36,663|
|Forthe year||ended||31December 2022||||
|Unrestricted|funds -||general|||36,281||
|Restricted funds||||||382||
|||||||36,663||





## 

## 

## 

## 

|The average|monthly<br>number ofemployees<br>during th|e year was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|Employment|costs|2023|2022|
|Wages and|salaries|21,887|18,476|



## 

## 

## 

|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Property|Photographic|Fixtures &|Total|
|||improvements|copyright|fittings||
|Cost||||||
|At 1 January 2023||100,329|750|17,325|118,404|
|Additions||||9,210|9,210|
|At 31 December 2023||100,329|750|26,535|127,614|
|Depreciation<br>and impairment||||||
|At 1 January 2023||17,537|750|11,905|30,192|
|Depreciation<br>charged|in the year|4,013||1,134|5,147|
|At 31 December 2023||21,550|750|13,039|35,339|
|Carrying<br>amount||||||
|At 31 December 2023||78,779||13,496|92,275|
|At 31 December 2022||82,792||5,420|88,212|





## 

## 

## 

|13|Stocks||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Raw materials||and consumables||1,225|608|
||Finished|goods and goods for resale|||7,252|8,118|
||||||8,477|8,726|
|14|Debtors||||||
||||||2023|2022|
||Amounts|falling due within one year:|||||
||Trade debtors||||34|505|
||Prepayments||and accrued income||1,395||
||||||1,429|505|
|15|Creditors: amounts<br>falling due within one year||||||
||||||2023|2022|
|||||Notes|||
||Other loans|||16|20,000|20,000|
||Payments|received on account||||60|
||Other creditors||||2,122|1,118|
||||||22,122|21,178|
|16|Loans and overdrafts||||||
||||||2023|2022|
||||||F||
||Other loans||||20,000|20,000|
||Payable|within|one year||20,000|20,000|





## 

## 

## 

||||||At 1 January|Incoming|Resources|At 31|
|---|---|---|---|---|---|---|---|---|
||||||2023|resources|expended|December|
|||||||||2023f|
|Restoration|fund||||3,398|||3,398|
|Northumberland||County Council - Shelving||unit|650||(91)|559|
|Newcastle|City Council Grant - AV equipment||||1,495||(181)|1,314|
|Newcastle|City Council Grant|||||962|(962)||
|North East|Recovery and Development||Grant-||||||
|New kitchen and||dining equipment||||9,994|(1,718)|8,276|
||||||5,543|10,956|(2,952)|13,547|
|Previous year:|||||At 1 January|Incoming|Resources|At 31|
||||||2022|r'esour'ces|expended|December|
|||||||||2022|
|Restoration|fund||||3,398|||3,398|
|Newcastle|City Council Grant - Shop display||||109||(109)||
|Northumberland||County Council - Shelving||unit|741||(91)|650|
|Newcastle|City Council Grant - AV equipment||||1,677||(182)|1,495|
||||||5,925||(382)|5,543|



## 

|||At|1|January|Incoming|Resources|At 31|
|---|---|---|---|---|---|---|---|
|||||2023|resources|expended|December|
||||||||2023|
|General|funds|||80,671|49,150|(54,071)|75,750|





## 

## 

|18|Unrestricted<br>funds|||||(Continued)|
|---|---|---|---|---|---|---|
||Previous year:|At 1January||Incoming|Resources|At 31|
||||2022|resources|expended|December|
|||||||2022|
||General funds||82,244|50,052|(51,625)|80,671|
|19|Analysis ofnet assets between funds||||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds||
|||||2023|2023|2023|
||||||E||
||Fund balances at 31 December 2023 are represented||by:||||
||Tangible assets|||82,201|10,074|92,275|
||Current assets/(liabilities)|||(6,451)|3,473|(2,978)|
|||||75,750|13,547|89,297|
|||||Unrestricted|Restricted|Total|
|||||funds|funds||
|||||2022|2022|2022|
||Fund balances at 31 December 2022 are represented||by:||||
||Tangible assets|||82,669|5,543|88,212|
||Current assets/(liabilities)|||(1,998)||(1,998)|
|||||80,671|5,543|86,214|



## 



## 

## 

## 

|||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||E|||
|n omi<br>re|||e||df|nd|||||
|Donations<br>and legacies|||||||||||
|Donations||||||||18,684||13,321|
|Newcastle<br>City Council grant - Restricted||||||fund||962|||
|Grant - Restricted|fund|||||||9,994|||
|||||||||29,640||13,321|
|Activities for generating|||funds||||||||
|RaNe|||||||5,408||5,393||
|Sales ofpostcards,||books|and brochures||||23,228||23,574||
|Letting s|||||||990||299||
|||||||||29,626||29,266|
|Investment<br>income|||||||||||
|Deposit interest|||||||||||
|||||||||59,266||42,588|
|Incoming resources from|||charitable||activities||||||
|Admissions|||||||840||1,074||
|Events income|||||||||6,390||
|||||||||840||7,464|
|Total incoming<br>resources||||||||60,106||50,052|
|Costs ofgenerating||funds|||||||||
|Costs ofgenerating||donations||and|legacies||||||
|Costs ofpostcards,||books|and brochures||||13,631||11,320||
|Exhibition Costs|||||||||959||
|Events Costs|||||||||3,065||
|||||||||(13,638)||(15,344)|
|Balance Carried Forward||||||||46,468||34,708|





## 

## 

## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
|Balance|Brought Forward||||46,468||34,708|
|Charitable<br>activities||||||||
|Wages||||21,887||18,476||
|Fixtures|and fittings depreciation|||401||244||
|Property|improvements<br>depreciation|||4,013||4,013||
|Heating|oil|||2,455||2,340||
|Electricity||||1,112||158||
|Rent, rates and insurance||||1,539||2,606||
|Repairs|and cleaning|||4,105||4,568||
|Postage,|stationery,<br>advertising|and|telephone|1,162||1,195||
|General|administration<br>expenses|||871||2,285||
|Bank charges||||488||396||
|Professional fees||||2,400||||
|Fixtures|and fittings depreciation|- Restricted fund||732||382||
|Repairs|funded<br>by grant - Restricted||fund|2,220||||
||||||(43,385)||(36,663)|
|Surplus/(Deficit)<br>forthe Year|||||3,083||(1,955)|