2022-03-31-accounts - Tyne And Wear Building Preservation Trust Limited

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Reference and Administrative Details	Reference and Administrative Details	1 to 2
Trustees' Report		3to 8
Independent Auditors'	Report	9to 12
Statement of Financial	Activities	13
Statement of Financial	Activities	14
Balance Sheet		15
Statement ofCash Flows
Notes to the Financial	Statements	17to 39

Recognised	Gains	and	Losses)
					Total	Total
			Unrestricted	Restricted	2022	2021
		Note	K	6	F	6
Income and Endowments		from:
Donations and legacies		3	5,261	353,668	358,929	832,264
Charitable activities		4	142,885		142,885	158,030
Investment income			25,157		25,157
Other income		5	14,273		14,273	82,105
Total Income			187,576	353,668	541,244	1,072,399
Expenditure on: Charitable activities		6	~7979777	~357667	~555578	~7828, 359
Total Expenditure			(197,911)	(357,667)	(555,578)	(820,359)
Gains/losses on investment assets			52,885		52.885	~2,776
Net income/(expenditure)			42,550	(3,999)	38,551	249,264
Transfers between	funds		(1,089)	1,089
Other recognised	gains
and losses
Gains/losses on revaluation
offixed assets			21,970		21,970
Net movement in funds			19,491	(2,910)	16,581	249,264
Reconciliation of	funds
Total funds brought	forward		2,123,039	159,177	2,282,216	2,032,952
Total funds carried	forward	20	2,142,530	156,267	2,298,797	2,282,216

Recognised	Gains	and Los	ses)
						Total
			Note	Unrestricted f	Restricted f	2021
Income and Endowments		from:
Donations and legacies				26,639	805,625	832,264
Charitable activities				158,030		158,030
Other income				82,105		82,105
Total income				266,774	805,625	1,072,399
Expenditure on: Charitable activities			6	~756,265	636,094	820,359
Total expenditure Gains/losses on investment		assets		(184,265) ~2,776	(636,094)	(820,359) ~2,776
Net income Transfers between	funds			79,733 155,235	169,531 ~155,235	249,264
Net movement in funds				234,968	14,296	249,264
Reconciliation of	funds
Total funds brought	forward			1,888,071	144,881	2,032,952
Total funds carried	forward		20	2,123,039	159,177	2,282,216

Balance She	et	as at 31 March 2022
			Note	2022 f	2021f
Fixed assets
Tangible assets			13	3,455	4,584
Heritage assets			14	1,137,000	972,000
Investments			15	880,109	947,224
				2,020,564	1,923,808
Current assets
Debtors			16	52,363	110,243
Investments			17	120,000
Cash at bank and	in hand			150,608	319,480
Creditors: Amounts		falling due within one year	18	322,971 ~88,738	429,723 ~71.318
Net current assets				278,233	358,408
Net assets				2,298,797	2,282,216
Funds ofthe charity:
Restricted income funds
Restricted general	fund		20	156,267	159,177
Unrestricted income		funds
Unrestricted				2,142,530	2,123,039
Total funds			20	2,298,797	2,282,216

Statement of Cash	Flows for th	e Year	En	ded	31 March 20	22
					2022	2021
				Note		F
Cash flows from operating	activities
Net income					16,581	249,264
Adjustments to cash flows	from non-cash	items
Depreciation					1,129	2,667
Impairment of heritage assets						465,847
Investment income					(25,157)
Financial instrument net (gains) losses through		statement	of
financial activities					21,970
Profit on disposal of heritage Revaluation of investments	assets				~(52,885	(75,935) 2,776
					(38,362)	644 619
Working capital adjustments
Decrease in debtors Decrease in creditors Net cash flows from operating	activities			16 18	57,880 ~26,577 ~7.059	8,540 ~31.894 621,265
Cash flows from investing activities
Interest receivable and similar	income				25 157
Purchase of tangible fixed assets				13		(143)
Purchase of heritage assets Sale of heritage assets Purchase of investments				14 15	(186,970)	(625,354) 1,045,442 ~950,000
Net cash flows from investing	activities				~161,833	~530.055
Net (decrease)/increase in cash and cash equivalents					(168,872)	91,210
Cash and cash equivalents at	1 April				319,480	228,270
Cash and cash equivalents at	31 March				150,608	319,480

3 Income	from dona	tions and	legacies	legacies
			Unrestricted
						Total	Total
			General f		Restricted f	2022f	2021f
Donations				4,261		4,261	17,950
Government grants - CJRS							3,689
Grants				1,000	353,668	354,668	810,625
				5,261	353,668	358,929	832,264
Total for 2021			26,639		805,625	832,264
The grants	were received as follows for the			2022 year:
Grant Awarded			Unrestricted Funds		Restricted Funds	Total 2022
Heritage Lottery Fund					38,746	38,746
Architectural	Heritage	Fund			200,734	200,734
Sunderland	City Council				79,072	79,072
Newcastle	City Council			1,000		1,000
European Horizon 2020					19,840	19,840
Historic England					15,276	15,276
Total 2022				1,000	353,668	354,668

									Unrestricted
									funds	Total
									General	2022f
	Miscellaneous			Income					16,434	16,434
	Old Low	Light							8,758	8,758
	Alderman	Fenwick's			House				1,025	1,025
	Buttress	House							78,981	78,981
	Contribution		towards		insurance		Old Low Light		1,509	1,509
	Contribution		towards		Buttress		House costs		2,242	2,242
	Contribution		towards		High Street West costs				4,475	4,475
	Blackfell								5,000	5,000
	St Hilda's								7,511	7,511
	John Marley			Centre					16,950	16,950
									142,885	142,885
									Unrestricted
									funds	Total
									General	2021
									8
	Miscellaneous			Income					3,656	3,656
	Old Low	Light							8,758	8,758
	Alderman		Fenwick's		House				54,708	54,708
	Buttress	House							78,140	78,140
	Contribution			towards	insurance		Old Low Light		1,142	1,142
	Contribution			towards	Buttress		House costs		1,659	1,659
	Blackfell								5,502	5,502
	St Hilda's								4,465	4,465
									158,030	158,030
5	Other income
								Unrestricted
								funds	Total	Total
								General	2022	2021f
Buttress House insurance						claim				6,170
Gains on sale own use				oftangible		fixed assets for charity's		14,273	14,273	75,935
								14,273	14,273	82,105

				Activity	Grant		Activity
				undertaken	funding	of	support
				directly	activity		costs f	2022	2021
Alderman Fenwick's		/ John
Marley Centre Running
Costs				20,659				20,659	55,637
Buttress House Running
Costs				5,845				5,845	6,548
Old Low Light				1,509				1,509	2,050
HDT Base				49,596				49,596	30,950
Scheduled Monuments				43,973				43,973	52,258
St Hilda's				27,918				27,918	36,684
Heritage Open Days		and
Other Direct Charitable
Expenditure							100,460	100,460	90,034
Feasibility studies				45,157				45,157	20,597
Emergency Covid	Funding								12,496
Cattle Market				18,279				18,279
High Street West				203,400	9,700			213,100	486,133
Governance costs							29,082	29,082	26,972
				416,336	9,700		129,542	555,578	820,359
				Unrestricted
								Total	Total
				General		Restricted		2022	2021
				6			6	8	F
Alderman Fenwick's		/ John
Marley Centre Running			Costs	20,659				20,659	55,637
Buttress House Running			Costs		5,845			5,845	6,548
Old Low Light					1,509			1,509	2,050
HDT Base							49,596	49,596	30,950
Scheduled Monuments							43,973	43,973	52,258
St Hilda's				27,918				27,918	36,684
Heritage Open Days		and	Other
Direct Charitable	Expenditure								2,665
Feasibility studies							45,157	45,157	20,597
Emergency Covid	Funding								12,496
High Street West				12,438			200,662	213,100	486,133
Cattle Market							18,279	18,279
Support costs				129,542				129,542	114,341
				197,911			357,667	555,578	820,359

7 Analysis ofgovernance and	7 Analysis ofgovernance and	support costs
Raising funds expenditure		Support	Governance	Total	Total
		costs f	costs	2022f	2021
Staff costs		77,233		77,233	49,835
Communications	and IT	1,269	141	1,410	784
Depreciation		1,016	113	1,129	2,667
Finance costs		161	18	179	187
Lease ofcopier		936	104	1,040	790
Insurance		2,637	293	2,930	10,866
Rates &water		627		627
Other office costs		8,511	946	9,457	19,735
Other motor/travel	costs	1,321		1,321	533
Repairs and maintenance		6,749	750	7,499	706
Accountancy fees			17,833	17,833	16,284
Audit fees			3,930	3,930	3,600
Legal fees			4,954	4,954	3,514
Bad debt provision					4,840
		100,460	29,082	129,542	114,341

Net (outgoi	n	g)/incoming resources for the year includ	e:
			2022	2021
Operating	leases - other assets		1,040	790
Audit fees			4,260	3,600
Depreciation		offixed assets	1,129	2,667
Profit on sale of heritage assets				(75,935)
Impairment		of heritage assets		465,847

		2022f	2021
Staff costs during	the year were:
Wages and salaries		98,568	98,296
Social security costs		5,689	5,808
Pension costs		6,609	6,703
		110,866	110,807

2022	2021
No	No

2022	2021
f
4,260	3,600

13Tangible fixed assets
	Furniture and
	equipment	Total
	F	F
Cost
At 1 April 2021	26,777	26,777
At 31 March 2022	26,777	26,777
Depreciation
At 1 April 2021	22,193	22,193
Charge for the year	1,129	1,129
At 31 March 2022	23,322	23,322
Net book value
At 31 March 2022	3,455	3,455
At 31 March 2021	4,584	4,584

14Heritage	assets
			Buildings
			and
			structures		High
			in the		Street
	Buttress	Old Low	course of		West,	Cattle
	House f	Light F	preservation F	St Hilda's F	Sunderland F	Market 6	Total 8
Cost
At 1 April 2021	633,024	462,350	53,640	605,120	555,847	-	2,309,981
Additions						186,970	186,970
Revaluations~100, 000		5,000				63,030	~31,970
At 31
March
2022	533,024	467,350	53,640	605,120	555,847	250,000	2,464,981
Depreciation
At 1 April
2021 Revaluations	33,024 -	327,350 -	1,640 -	510,120 -	465,847 ~10,000		1,337,981 ~10,000
At 31
March
2022	33,024	327,350	1,640	510,120	455,847		1,327,981
Net book value
At 31
March
2022	500,000	140,000	52,000	95,000	100,000	250,000	1,137,000
At 31
March
2021	600,000	135,000	52,000	95,000	90,000		972,000

Summary oftransactions	Summary oftransactions
		2022	2021	2020	2019	2018
		6		F	F
Purchases	end additions
Buildings		186,970	625,354		427,190	177,930
Revaluations		(31,970)
Charge for	impairment
Buildings		(10,000)	465,847		427,190	82,930
Disposals
Buildings			969,507
15Fixed asset investments
					2022	2021
					6	6
Other investments					880,109	947,224
Other investments
					Listed
					investments	Total
						6
Cost or Valuation
At 1 April 2021					947,224	947,224
Revaluation Transferred	to current investments				52,885 ~120,000	52,885 ~720,000
At 31 March	2022				880,109	880,109
Net book value
At 31 March	2022				880,109	880,109
At 31 March	2021				047.224	047,224

16Debtors
			2022	2021f
Trade debtors			39,369	35,735
Prepayments			11,450	11,199
Accrued income			1,357	37,456
VAT recoverable				25,666
Other debtors			187	187
			52,363	110,243
Trade debtors	includes a provision	off10,180(2021:f10,180).
17Current asset investments
			2022f	2021f
Listed investments			120,000

18Creditors: amo	unts falling d	ue within one year
			2022f	2021f
Trade creditors			14,985	20,419
Other taxation and	social security		2,450	913
VAT repayable			2,099
Accruals and deferred income			25,204	49,983
			44,738	71,315
			2022 f	2021
Deferred income at 1 April 2021			19,003	22,740
Resources deferred Amounts released	in the period from previous	periods	1,808 ~19,003	19,003 ~22,740
Deferred income at year end			1,808	19,003

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				Total funds
				at 31 March
	General f	Designated f	Restricted f	2022f
Tangible fixed assets	3,455			3,455
Heritage assets		1,137,000		1,137,000
Fixed asset investments		880,109		880,109
Net current assets/(liabilities)	85,966	36,000	156,267	278,233
Total net assets	89,421	2,053,109	156,267	2,298,797
	Unrestricted
				Total funds
				at 31 March
	General f.	Designated f	Restricted f	2021f
Tangible fixed assets	4,584			4,584
Heritage assets		972,000		972,000
Fixed asset investments		947,224		947,224
Net current assets/(liabilities)	89,231	110,000	159,177	358,408
Total net assets	93,815	2,029,224	159,177	2,282,216

22 Analysis ofn	et funds
		At 1 April	Financing	At 31 March
Cash at bank and	in hand	2021 319,480	cash flows f ~194,029	2022 F 125,451
Net debt		319,480	~194,029	125,451
		At 1 April	Financing	At 31 March
		2020f	cash flows	2021
Cash at bank and	in hand	228,270	91,210	319,480
Net debt		228,270	91,210	319,480

23 Financial instruments	23 Financial instruments
Categorlsatlon	offinancial	instruments
			2022	2021
Financial assets	measured	at fair value	1,025,266	947,224