REGISTERED COMPANY NUMBEIL. 01769840 (England and Wales)
REGISTERED CHARrrY NUMBER: 514717
Report of the Tn￿letS and
Unaudlted FIDADelal Stalements for the Year Ended 31 M#rcb 2024
for
Newburn Rlverslde Reereallon Assodatlon
Lfjmlted
Peter Weldon & Co. L
87 Station Road
Ashington
Northumberland
NFA63 8RS

NewburD Riverside Recreatlon Assoclatlon
Llmited
Contents of the Flnaneial StAtements
for tbe Yegr Ended 31 Msrch 2024
Page
Report of the Trustees
I to 4
IndependeDt Eumlner'j Report
Statement of FlnAn¢lAI A¢tlvltle8
Balance Sheet
Notes to the Flnanelal Stat¢m¢nts
9 to 17
Detfilled St2tement of FlnAnefial Actlvltles
18

Newburn RlYer$lde Recreation Associatfion
Limited
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with
the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OWECTIVES AND ACTIVITIES
The charity exists for the benefit of th¢ public through the provision of its services to any member of the public, and
the tn￿tee5 have considered the Charity Commission's guidance on public benefit.
The charitys purpose as set out in the objects contained in the company's Articles of Association is to:
promo* the benefit of the inhabitants of Tyne and Wear and the Neighbourhood (hereinafter Called the "area of
benefit" by the provision of the facilities in the interests of social welfare for recreation and other leisure time
occupation with the object of improving the life for the beneficiaries; and
provide improvement and maintenance of the grounds and buildings at Newbum Leisure Centre for the purpose of
recreation and other leisure time occupation with the object of improving the conditions of life for the beneficiaries.
Newburn Leisure Centre has developed a wide range of activities to meet these objectives based upon the following
facilities available to the public:
* Indoor sports hall
* Fitness facilities
* Sensory roomllntera¢tive Room
* Indoor climbing wall
* Outdoor sports field
* Outdoor 5-a-side courts
* Water based activilies on adjacent River Tyne
• Outdoor activities in adjacent Newburn Countryside Park
Newburn Leisure Centre became independent from an integrated venture with Newcastle City Council on l April
2015. The organisational structure, management and operations are well established and the centre is operating at a
similar level prior to the changeover. The aim of the charity is lo be self-financing and promote the long term security
of the centre.
The trustees have paid due regard to guidance issued by the Chariry Commission in deciding what activities the charity
should undertake.
ACHIEVEMENT AND PERFORMANCE
Budgets
The income for 2023124 was supported by grants, and rental income from ies subsidiary on interest re￿IVed in baT)k
interest.
The 2024125 budget is based on 2023124 preforn)ance including a £125,000 depreciation charge with respect to
leasehold amortisation.
Page I

Newburn Rfverslde Re¢reatioD As￿CIatiOn
IAmited
Report of the Trnstees
for the Y￿r Ended 31 Marcb 2024
ACHIEVEMENT AND PERFORMANCE
Targets
The primary target was to foresee andlor &ldress the Continuing implications of Newcastle City Council grant
withdrawal and position the Centre fInan￿S and operation Structu￿ for the immediate, medium and long terni fuwre.
Aetlvltles
There is a wide range of activities rela*d to the facilities available. A¢curnte records of users are kepi as part of the
review of ongoing operations. The future perforniance of the group will be influenced by the Consolidation of core
activities. Delivery of services operates via the wholy owned subsidiary company.
Future developments
Initial proposals for a range of future facility developments at the Centre remain in place and the group continues to
seek grants for Capital developmenL equipment and revenue activities.
FINANCIAL REVIEW
Financial posltlon
During the year ended 31 si March 2024 the net assets of Newburn Riverside Recreational Association de¢re&sed by
£97,944 (2023- £93,769). Total funds at th¢ year-end were £1,395,481 (2023: £1,493,425).
The trading aspect. that is the activities undertaken at the Centr< remains broadly wnstant although there are a number
of different "one events that occur each year. The number and variety of activities is extensive and usagelincome
fluctuates year on year between the activities. The Centre is run by the eharity's trading subsidiary, Newburn Sports
Services Limite(L
Investment policy and objtttives
The trustees consider the most appropriate policy of investing funds at the Current time is to retain an increasing level
of funds on deposit.
Reserves poli
The trustees believe it is p￿￿ent to mainlain unrestricted funds at a level, which equa*s to approximately 6 months
unr¢stricfrd expenditure being £75.000. At the year end these totalled £1.395.481 (2023: £1.493.425).
STRUCTURE GOVERNANCE AND MANAGEMENI
GoverniDg doeument
Newburn Riverside Recreation A$s￿l&tIOn Limited is a company limited by guarantee. and a registered charity in
England governed by its rnemorandum and articles of association dated I l March 1996. Charity number 514717.
Company number 01769840. The company h&s no share capitsl.
Recrnllmtttt and appolntnient of tnistees
The Board of T￿￿teeS shall consist of not less than 3 and is not subject to a maximum. Tn￿ are appointed at the
annual general meeting or during the year to fill a vawicy however they will only hold office until the next annual
general meeting if they are not reA)pointed at that meelin&
Page 2

Newburn Rfiyerslde RecreatSon Assoclatfion
Limited
Report of the Trustees
for the Year Ended 31 Mareh 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Organisation
The Board of Trustees meet on a monthly basis to administer the charity and to review Strate￿ and future operation
requirements. The charity comprises of the provision of a recreation centre for all ages within Tyne & Wear through its
subsidiary Newbem Sports Services Limited. The subsidiary company operates the sports ¢entre.
Newburn Leisure Centre is open 7 days a week (excluding public holidays and a Christmas closure period). The day to
day management of the Centre, site activities, staff, facility resources and operational aspects is the responsibility of
the management staff comprising the Centre Manager and Duty Managers. The Centre management stsff report to and
eonsult the Company Secretary on discretionary spending etc. and issues arising at the Centr¢ that require
executivelauthority. The Centre Manager and Company Secretary meet on a regular b&8is between the monthly
management meetings.
IDductlon snd tralnlng of new trustees
New Trustees receive copies of all relevant documentation, which are explained by the chair. This will include the
constitution, organisation management inforniation relating to their role, the scope and responsibility of the Board and
the system of delegated authority and infomation about the cycle of meetings. Opportunities for meeting staff are also
arranged.
Pay pollcy for key management personnel
The trustees consider key management comprise the charity's trustees who are in charge of directing and controllin&
running and operating the charity on a day to day basis. Details of trustee's remuneration and expenses are disclosed in
the notes to the accounts.
The pay of the trustees is reviewed annually.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
01769840 (England and Wales)
Registered ChArfity Dumber
514717
Reglstered offiee
Newburn Leisure Centre
Grange Road, Newburn
Newcastle Upon Tyne
Tyne &Wear
NE15 8ND
Trustees
W Shaw Quantity Surveyor
J F Lambert Quantity Surveyor
L I Wright Finance Administrator (resigned 121812023)
E A Whittaker Retired (deceased 81612023)
M Hogarth Postal Worker
M H Townson Retired Engineer
Page 3

Newburn Riverside Recreation Association
Limited
Report of the Trustees
for the Year EDded 31 March 2024
REFERENCE AND ADMINISTII4TIVE DETAILS
Company Secretary
J F Lambert
Independent Examiner
Peter Weldon & Co. Ltd
87 Station Road
Ashington
Northumberland
NE63 8RS
Approved by order of the board of trustees on 26 November 2024 and signed on its behalf by:
Ji
W Shaw - Trustee
Page 4

IndepeDdent ELqminer's Report to the Trnstees of
Newburn Riverside Recreation A&4ociation
Limited
Independent examiner's report to the trllstttl of Newbllrn Rfverside ReereatiOD AssociAtlon Limited ('the
Comp2Dy')
I report to the charity trustees on my examination of accounts of the Company for the year ended 31 March 2024.
Responsibilitles and basis of report
As the charity's trustses of the Company (and also its directors for the purpow of company law) you are responsible
for the preparation of the accounts in accordatKe with the requirements of the Companies Act 2006 (Ihe 2006 Ace).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent e￿￿ninatiOrb I report in respect of my VAamination of your charitys accounts as
carried out under Section 145 of th¢ Charities Act 2011 (*he 2011 Ace). In carrying out my examination I have
followed the Directions given by the Charity Commission under Section 145(5) {b) of the 2011 Act.
Independent examiner's ststement
I have completed my examination. I confirni that no matters have come to my attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respxt of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records" or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any
requirement that the arxounts give a tnie and fair view which is not a matter considered &8 part of an
independent eLqmination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102)).
I have no eon¢erns and have come across no other matters in connection with the e￿MinatIon to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Peler Weldon
Peler Weldon & Co. Ltd
87 Station Road
Ashington
Northumberlar
NE63 8RS
31 October 2024
Page 5

Newburn Riverside Reereath)n Association
Limited
Statement of Flnanelal Aedvltles
for the Year Ended 31 M*r¢h 2024
2024
UDrestrkt¢d
funds
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
16.690
18,678
Other trading activitt¢s
Investment income
31.659
2,983
31,659
1.017
Total
51.332
51,354
ExPEND￿URE ON
Raising funds
143,173
137,221
Other
6.103
7,902
Total
149,276
145,123
NET INCOMEIIEXPENDITURE)
(97,944)
(93,769)
RECONCILIATION OF FUNDS
Total funds brought forward
1.493.425
1.587.194
TOTAL FUNDS CARRIED FORWARD
1395.481
1,493.425
The notes forni part of these financial statements
Page 6

Newburn Rlversfide Recreatlon Assoclation
Limited
Balance Sbeet
31 March 2024
2024
Unrestrlcted
fund8
2023
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investments
990.713
1,114,394
990,715
1,114,396
CURRENT ASSETS
Debtors
Cash at bank
10
402.571
163,092
379,907
168.966
565,663
548,873
CREDITORS
Amounts falling due within one year
(27,346)
(11,540)
NET CURRENT ASSETS
538,317
537,333
TOTAL ASSETS LESS CURRENT
LIABILfriES
1,529,032
1,651,729
CREDITORS
Amounts falling due after more than one year
12
(133.551)
{158,304)
NET ASSETS
1,395,481
1,493,425
FUNDS
Unrestricted funds
14
1,395.481
1.493,425
TOTAL FUNDS
1,395,481
1,493,425
The charitable company is entitled to exemption from audit under Section 477 of the Companie5 A¢t 2006 for the year
ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for ihe year ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The notes forni part of these financial statements
Page 7
continued...

Newburn Riverside Recreation Association
Limited
Balance Sheet- continued
31 March 2024
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements ivhich give a true and fair view of the state of affairs of the charitable company
as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which othenvise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
(b)
These financial statements have been prepared in accordance ivith the provisions applicable to Charitsble companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 26 November 2024 and
were signed on its behalf by:
J F Lambert - Trustee
UQ
W Shaw - Trustee
The notes forni part of these financial statements
Page 8

Newburn Riverside Recrealion Association
Limited
Noles to the Finaneial Statements
for the Yevdr Ended 31 Mareb 2024
AccouKfiNG POLICIES
Basis of preparing the ffinanclal statements
The financial statements of the clwitable cornpany. which is a public benefit entity under FRS 101 have been
prepared in accordance with the Charities SORP (FRS 102) 'Ac¢ounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 Tr Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Aa 2006. The financial sL*ements have been prepared under the historical cost
convention. with the ¢x¢¢ption of investments which are included * market value.
Income
All income is recognised in the Statement of Financial Activities once the charity h&s entitlement to the funds,
it is probabl¢ that the income will be received and the amount can be measured reliably.
Donations and legaeks
Income from donations and grants that provide core funding or are of a general nature are recognised where
ther¢ is entitlemenL certainty of receipt and the amounts can be measured with sufficient reliability.
Expendlture
Liabilities are recognised as expenditure &s soon Ls there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is a¢coun*d for on an accn￿lS basis and
h&s been classified under headings that aggregate all cost related to the category. Wher¢ costs can[￿t be directly
attributed to particular headings they have been atlocated to activities on a b&sis consistent with the use of
resources.
Governance costs
Include those costs associated with meeting the constitutional and stawtory requirements of the group and
include accountancy fees and costs linked to the strategic management of the group.
Tanglbk r￿ed assets
Depreciation is provided at the following annual rates in order to write off &qch &ss¢t over its estimated useful
life.
Long leasehold
Plant and machinery
Fixtures and fittings
25-50 years straight line
on reducing balance per a1￿uM
15% on reducing balarKe per annum
IndividuaI assets costing £50 or more are capitalised at cosL
The gain or loss arising on th¢ disposal of an asset is deterniined as the difference between the sale proceeds
and the carrying value of the asseL and 1$ reCO￿ls¢d An net incomel(expenditure) for the year.
Subsequent costs. including replacemeni parts. are capitalised only when it is probable that such ￿)sts will
generate future economic benefits. Any replaced parts or remaining carrying amounts are then derecognised.
All other costs of repairs and maintenance are charges to the SLqtement of Financial Activities.
continued...

NewburD Riverside RecreAtlon Assodatlon
Llmited
Notes to the Fin2ncig1 Statements- tontlnued
for tbe Year Ended 31 March 2024
ACCOUNTING POLICIES- continued
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund aeeouDting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees
unless the funds have been designated for other purposes.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purpose
Further explanation of the natsire and purpose of each fund is included in the notes to the financial statements.
DONATIONS AND LEGACIES
Donations and legacies
Unrestricted
Funds
Total 2024
Total 2023
Grant release
NCC Covid-19 grant
14.900
14,900
14,900
3,778
14,900
14,900
18.678
OTHER TRADING A￿1VITIEs
2024
2023
Operation of Sports Centre
31.659
31.659
Page 10
Continued...

Newburn Rlverslde Recreation Assoclallon
Limited
Notes to the FIDancl*l Statements- ¢oDtiDued
for the Year Ended 31 Mareh 2024
INVESTMENT INCOME
2024
2023
Deposit account interest
2,983
1.017
NET INCOMEI(EXPENDrfuRE)
Net incomel(expenditure) is sta*d after Ch￿gin￿(Credit1n￿).
2024
2023
Depreciation - owned assets
130.957
131,970
TRUSTEES, REMUNEKiTION AND BENEFITS
There were no trustees, remunerntion or other benefits for year ended 31 March 2024 nor for the year ended
31 March 2023.
Trusteu, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
COMPAIL4TWES FOR THE STATEMENT OF FINANCIAL Acriv￿lEs
Unrestrleted
funds
INCOME AND EIYDOWMENTS FROM
Donations and legacies
18,678
Other trading ￿tIvItieS
Investment income
31,659
1,017
Total
51J54
EXPENDITURE ON
Raising funds
137221
Other
7,902
Total
145.123
Pagell
continued...

Newburn Riverside Recreation A$s￿l￿ti0ll
iamited
Notes to the Financial Ststenients - eODlinued
for the Year Ended 31 Mareh 2024
cohtPARATIVFS FOR THE sfATEMENf OF FINANCIAL A￿1Vr￿Es. eontinued
Unrestricted
funds
NET INCOMEI(EXPENDTlllRE)
(93.769)
RECONCILIATION OF FUNDS
Total funds brought forward
1,587,194
TOTAL FUNDS CARRIED FORWARD
1,493,425
TANGIBLE FIXED ASSETS
Fithr&q
and
fittings
IA)Dg
leasebold
Plant and
maebfillery
Totals
COST
At l April 2023
Additions
3.626209
317.490
2,810
56.804
4,000,503
7.276
At 31 March 2024
3,626209
320JOO
61270
4.007.779
DEPRECIATION
At l April 2023
Charge for year
1541,607
125.114
295,741
4.631
48,761
1212
2,886.109
130,957
At 31 March 2024
2.666.721
300J72
49.973
3.017,066
NET BOOKVALUE
At 31 March 2024
959,488
19,928
11297
990,713
At 31 March 2023
1.084,602
21,749
8,043
1.114,394
Page 12
continued...

Newburn Riverside Re¢reation A&qoeiAtion
Llmlted
Notes to the FIDanclAI Ststements- CODtlnued
for the Year Ended 31 March 2024
FIXED ASSET INVESTMEKrs
Sb8res ID
group
undertakfjngs
Cost or valuatAon
As at l April 2022 & 31 March 2023
Carryfing amount
As at 31 March 2022
As at 31 March 2021
The charity has a wholly owned subsidiary, Newburn Sports Services Limited, a company incorporated and
registered in England and Wales (company number 02684100). Its registered office is Newburn Leisure Cenlre,
Grange Road, Newburn. Newc&stl¢ upon Tyn¢. NEI 5 8BD. The company operates the sports centre Newburn
Leisure Centre on behalf of the charity and pays li some of its profits to the charity by gift aid. Newburn Sports
Services Limited is exempt from audit by virtue of s479A of the Charities Act 2006.
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Amounts owed by group undertakings
Other debtors
Prepayments
400.727
1,671
173
379.593
173
402.571
379,907
Page 13
continued...

Newburn Rfverjide RecreAtion Assocfiatlon
Lthifited
Noles to the FID8nelal Statements- CODtinued
for the Year Ended 31 March 2024
11. CREDITORS: AMouKfs FALLING DUE wrrHIN ONE YLIR
2024
2023
Bank loans and overdrafts (see note 13)
Trade creditors
Other creditors
Accruals and deferred income
AcCn￿d expenses
8.920
5,587
921
10.752
8,920
533
1.166
27346
11,540
12. cRED￿ORS. AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 13)
Grant reserve
14,321
119,230
24,174
134,130
133.551
158,304
13. LOANS
An analysis of the matiwity of loans is given below:
2024
2023
Amounts falling due within one year on dernand:
Bank loans
8,920
8.920
Amounts falling due between two and five years:
Bank loans - 2-5 years
14.321
24.174
Page 14
continued...

Newburn Rfverslde Reerestlon Assoclatlon
Limlted
Notes to the Financial Ststements - contlnued
for tbe Yefir Ended 31 Mareh 2024
14. MOVEMENT IN FUNDS
Net
movement
ID funds
At
3113124
At 114123
Unrestrlcted funds
Unrestricted fund
1,493,425
(97,944)
1,395,481
TOTAL FUNDS
1,493.425
(97,944)
1,395,481
Net movement in funds, included in the above are as follows:
IneomlDg
resoureej
Resources
expended
Movement
ID funds
Unrestrlcted fundj
Unrestricted fund
51,332
(149,276)
(97,944)
TOTAL FUNDS
51,332
(149,276)
(97,944)
Comparallves for movement ID fvnds
Net
movement
In funds
At
3113123
At 114122
Unre8trlcted funds
Unrestricted fund
1,587,194
(93,769)
1,493,425
TOTAL FUNDS
1,587,194
(93,769)
1,493,425
Page 15
continued...

Newburn Riverside Recreation Assoe6atloD
Limiled
Notes to the Flnaneial Statements- continued
for the Year Ended 31 March 2024
14.
MOVEMENT IN FIJNDS. conthiued
Comparative net movement in funds included in the above are as follows:
Incoming
re￿urCeS
Re80urees
expended
Movement
In funds
Unrejtrlcted funds
Unrestricted fund
51,354
(145,123)
(93,769)
TOTAL FUNDS
51,354
(145,123)
(93.769)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
In funds
At
3113124
At 114n2
Unrejtrleted fund8
Unrestricted fund
1,587,194
(191,713)
1,395,481
TOTAL FUNDS
1,587.194
(191,713)
1,395,481
A current year 12 months and prior year 12 months combined net movement in funds. included in the above are
as follows:
Ineomlng
resourc¢8
Resoureei
expeDded
Movement
In
Unrestrleted funds
Unrestricted fund
102,686
(294,399)
(191,713)
TOTAL FUNDS
102,686
(294,399)
(191,713)
Page 16
continued...

Newburn Rfvernlde Recreallon Association
IAmlted
Notes to the FlnaDciJII Statements- ￿lltinued
for the Year Ended 31 March 2024
IS. RELATED PARTY DISCLOSURES
Included within debtors is an arnount of £400,727 (2023: £379,593) owed by Newburn Sports Services Limite
a subsidiary of Newburn Riverside Recreation Limited. Rent of £31,659 (2023: £31.659) wa5 paid to Newbum
Riverside Recreation Association Limited during the year.
Page 17

Newburn Riverside Recreatlon Association
Limited
Detalled Statement of FIDAnclAI Aetlvfitles
for the Year EDded 31 March 2024
2024
2023
INCOME AND ENDOWMENTS
DoDatloDS And lega¢les
Grants
16,690
18.678
Otber tradlng a¢tlvltles
Operation of Sports Centre
31,659
31.659
IDvestment ID¢ome
Deposit account interest
2,983
1,017
Totsl IncomlDg re8our¢es
51,332
51 J54
EXPENDITURE
Other trgdlng aetlvltlej
Operation of the sports centre
25
12
Support costs
FIDance
Bank ¢harg¢s
124
95
Other
Premises costs
Freehold property
Plant and machinery
Fixtures and fittings
14,883
125,114
4,630
1.213
10.137
125,114
5.436
1.419
145,840
142,106
GoverDance costs
Accountancy fees
Legal fees
Bank loan interest
1000
490
797
2,000
910
3.287
2,910
Total resources expended
149,276
145.123
Net expenditure
(97,944)
(93,769)
This page does not fonn part of the statutory financial statements
Page 18