2023-03-31-accounts - Neca

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2to6
Chairman's	Report
Independent	Auditor's Report		8to 10
Consolidated	Statement ofFinancial	Activities
Comparative	Consolidated Statement	of Financial Activities	12
Consolidated	Balance Sheet		13
Balance Sheet
Consolidated	Statement ofCash Flows		15
Notes to the	Financial Statements		16to 34

Statement of	Total	Reco	gnised Gain	s and Loss	es)
					Total	Total
			Unrestricted	Restricted	2023	2022
		Note	E	E	E	E
Income and Endowments		from:
Donations and legacies		3	3,774		3,774	40,841
Charitable activities		4	506,971	684,646	1,191,617	974,884
Investment income		5	6,892		6,892	1,755
Other income		6				130,511
Total Income			517,637	684,646	1,202,283	1,147,991
Expenditure on: Charitable activities		7	~841320	~651,280	~1,297,600	1,248,738
Total Expenditure			(646,320)	(651,280)	(1,297,600)	(1,248,738)
Gains/losses on investment
assets						1,612,000
Net (expenditure)/income Transfers between funds		21	(128,683) 8,217	33,366 ~8217	(95,317)	1,511,253
Net movement in funds			(120,466)	25,149	(95,317)	1,511,253
Reconciliation of	funds
Total funds brought	forward		7,618,179	76,676	7,694,855	6,183,602
Total funds carried	forward	21	7,497,713	101,825	7,599538	7,694,855

Statement of	Total	Recogni	sed Gai	ns and Loss	es)
						Total
				Unrestricted	Restricted	2022
			Note	E	8	8
Income and Endowments		from:
Donations and legacies				40,641	200	40,841
Charitable activities				426,852	548,032	974,884
Investment income				1,755		1,755
Other income				130,511		130,511
Total income				599,759	548,232	1,147,991
Expenditure on: Charitable activities			7	~1M8,137	580,601	1,248,738
Total expenditure				(668,137)	(580,601)	(1,248,738)
Gains/losses on investment		assets		1,612,000		1,612,000
Net income/(expenditure)				1,543,622	~32,369)	1.511,253
Net movement in funds				1,543,622	(32,369)	1,511,253
Reconciliation of	funds
Total funds brought	forward			6,074,557	109,045	6,183,602
Total funds carried	forward		21	7618179	76,676	7,694,855

						2023	2022
					Note
Fixed assets
Tangible assets					14	2,984,958	3,030,332
Investments					15	3,185,000	3,185,000
						6,169,958	6,215,332
Current assets
Debtors					16	335,611	56,045
Cash at bank		and	in hand		17	1,515,410	1,546,251
						1,851,021	1,602,296
Creditors: Amounts				falling due within one year	18	~421,441	~(122,773
Net current	assets					1,429,580	1,479,523
Net assets						7,599,538	7,694,855
Funds ofthe group:
Restricted						101,825	76,676
Unrestricted		income		funds
Designated	funds					1,612,000	1,612,000
Unrestricted		funds				5,885,713	6,006,179
Total unrestdcted			funds			7,497,713	7,618,179
Totalfunds					21	7599.538	7,894,855

Balance	She	et	as at 31 INarch 2023
				Note	2023 f	2022f
Fixed assets
Tangible assets				14	2,984,958	3,030,332
Investments				15	3185004	3,185,004
					6,169,962	6,215,336
Current assets
Debtors				16	378,663	82,727
Cash at bank	and	in hand		17	1,468,252	1,506,145
					1,846,915	1,588,872
Creditors: Amounts			falling due within one year	18	~(417,728	~I111,418)
Net current	assets				1,429,189	1,478,454
Net assets					7,599,151	7,693,790
Funds ofthe charity:
Restricted					101,825	76,676
Unrestricted	income		funds
Designated funds					1,612,000	1,612,000
Unrestricted	funds				5,885,326	6,005,114
Total unrestricted		funds			7,497,326	7,617,114
Total funds					7,599,151	7,693,790

Consolidated Statement ofCa March 2023	sh Flow	s for the	Year Ended	31
		Note	2023	2022f
Cash flows from operating activities
Net cash (expenditure)fincome			(95,317)	1,511,253
Adjustments to cash flows from noncash	items
Depreciation			55,241	60,317
Investment income Surplus on revalution of investment properties			(6,892)	(1,755) ~1,612,000)
			(46,968)	(42,185)
Working capital adjustments
(Increase)/decrease in debtors Increase/(decrease) in creditors		16 18	(279,566) 208,668	33,980 ~4,753
Net cash flows from operating activities			(27,866)	12,958
Cash flows from investing activities
Interest receivable and similar income		5	6,892	1,755
Purchase oftangible fixed assets		14	(9,867)	(1,400)
Sale oftangible fixed assets				520,481
Net cash flows from investing activities			2,975	520,836
Net (decrease)/increase in cash and cash equivalents			(30,841)	507,878
Cash and cash equivalents at 1 April			1,546,251	1,038,373
Cash and cash equivalents at 31 March			1,515,410	1,546,251

					Unrestricted
					funds	Restricted	Total
					General	funds	2023
					6	6	6
Donations	and		legacies;
Donations		from		organisations	1,364		1,364
Donations		from		individuals	2,410		2,410
					3,774		3,774
					Unrestricted
					funds	Restricted	Total
					General	funds	2022
					6		F
Donations	and		legacies;
Donations		from		organisations	1,712	200	1,912
Donations		from		individuals	1,664		1,664
Grants, including				capital grants;
Government			grants - CJRS		37,265		37,265
					40,641	200	40,641

Income from charitable activities
	Unrestricted
	funds	Restricted	Total
	General	funds	2023
	6	f.	6
Service contracts	207,891		207,891
Rental income	266,002		266,002
Grants receivable		684,616	684,616
Other income	7,683	30	7,713
Ddnk drive course income	25,395		25,395
	506,971	684,646	1,191,617
	Unrestricted
	funds	Restricted	Total
	General	funds	2022
	6		6
Service contracts	152,314		152,314
Rental income	243,288		243,288
Grants receivable		548,032	548,032
Other income	430		430
Drink drive course income	30,820		30,820
	426,852	548,032	974,884

5	Investment i	n	co	me
							Unrestricted
							funds	Total
							General	2023
								E
Interest receivable			and similar			income;
	Interest receivable			on	bank deposits		6,892	6,892
							6,892	6,892
							Unrestricted
							funds	Total
							General	2022
							6	5
Interest receivable			and similar			income;
	Interest receivable			on	bank deposits		1,755	1,755
							1,755	1,755
6	Other income
							Total	Total
							2023f	2022
Gains on sale of		tangible			fixed	assets		130,511
7	Expenditure	on		charitable		activities

			Unrestricted
			funds	Restricted	Total
			General	funds	2023
				6	F
Staff costs			409,329	452,644	861,973
Advertising	and PR		427	1,953	2,380
Travel expenses			2,033	8,696	10,729
Other professional		fees	20,100	21,610	41,710
Support costs (note 8)			174,853	166,377	341,230
Governance	costs	(note 8)	39,578		39,578
			646,320	651,280	1,297,600

Notes to the 2023		Fin	anci	al Sta	tements f	or the Year	Ended 31 M	arch
						Unrestricted
						funds	Restricted	Total
						General	funds	2022
						6	6	6
Staff costs						438,223	356,136	794,359
Advertising and PR						685	3,872	4,557
Travel expenses						2,301	5,618	7,919
Other professional	fees					34,495	20,210	54,705
Support costs (note		8)				151,208	194,765	345,973
Governance costs	(note 8)					41,225		41,225
						668137	686801	1,248738
8 Analysis ofgovernance				and support costs
Support costs allocated to				charitable	activities Governance	Support	Total	Total
					costs	costs	2023	2022
					6		6	6
Bank charges						980	980	697
Cleaning						13,091	13,091	13,080
Depreciation						55,241	55,241	60,318
insurance						29,627	29,627	34,911
Irrecoverable VAT						27,864	27,864	22,207
Light and heat						58,242	58,242	38,767
Printing, stationery		and	postage			6,843	6,843	5,302
Recharges						6,921	6,921	8,572
Rent and rates						15,377	15,377	49,733
Repairs and maintenance						50,317	50,317	39,596
Staff training and welfare						2,853	2,853	1,660
Sundry expenses						9,072	9,072	5,250
Bad debts provision						1,325	1,325
Audit and accountancy					12,340		12,340	14,000
ITand communication			costs			63,477	63,477	65,880
Staff costs					27,238		27,238	27,225
					39,578	341,230	380,808	387,198

Net outgoing	re	sources for the yea	r include:
				2023	2022
					8
Audit fees				8,855	12,100
Other non-audit		services		3,485	1,900
Depreciation (Profit)/loss	of on	fixed assets disposal oftangible	fixed assets	55,241	60,317 ~13D 511

11Staffcosts
The aggregate	payroll costs were as follows:
		2023	2022
		6	F
Staffcosts during the year were:
Wages and salaries		780,171	723,385
Social security	costs	69,337	59,148
Pension costs		39,703	39,054
		888211	821,887

during the yea	r was as follows:
		2023		2022
		No		No
Administrative	staff		9		10
Support services			2		2
Development			21		20
			32		32

s was:
2023	2022
No	No

Group and Charity
	Freehold		Leasehold
	property	Equipment	property	Total
	6		E	E
Cost
At 1 April 2022	3,782,963	51,280	15,697	3,849,940
Additions	1,650	8,217		9,867
At 31 March 2023	3,784,613	59,497	15,697	3,859,807
Depreciation
At 1 April 2022	756,252	47,659	15,697	819,608
Charge for the year	54,378	863		55,241
At 31 March 2023	810,630	48,522	15,697	874,849
htet book value
At 31 March 2023	2,973,983	10,975		2,984,958
At 31 March 2022	3,026,711	3,621		3,030,332

15Fixed asset investments
Group	2023	2022
	E	E
Other investments	3185 ODD	3.185,DOO
Other investments
	Investment
	properties	Total
	E	E
Cost orValuation
At 1 April 2022	3,185,000	3,185,000
At 31 March 2023	3,185,000	3,185,000
iilet book value
At 31 March 2023	3185000	3185 DQD
At 31 March 2022	3.185.00Q	3,185,000

Charity				2023	2022
Shares in group undertakings	and participating	interests		4	4
Other investments				3,185,000	3,185,000
				3,185,004	3,185,004
Shares in group undertakings	and participating		interests
				Subsidiary
				undertakings	Total
					F
Cost
At 1 April 2022
At 31 March 2023
Net book value
At 31 March 2023				4	4
At 31 March 2022				4	4
Other investments
				Investment
				properties	Total
				E
Cost or Valuation
At 1April 2022				3,185,000	3,185,000
At 31 March 2023				3,185,000	3,185,000
Net book value
At 31 March 2023				3,185,QDQ	3,185DQD
At 31 March 2022				3,185,DOO	3,185DQO

Notes to th 2023	e Financial	Statements	for the Ye	ar Ended	3i March
		Country of		Proportion	ofvoting
Undertaking		incorporation	Holding	rights and	shares held
				2023	2022
Subsidiary undertakings
NECA Services	Limited	England	Ordinary	1PP%	100%
NECA Training	Limited	England	Ordinary	1PP%	100%
NECA Recruitment Limited		England	Ordinary	100%	100%
NECA Housing	Limited	England	Ordinary	1PP%	100%
Principal Activity and results

16Debtors
			Group			Charity
		2023		2022		2023	2022
		6		6		5
Trade debtors		262,	144	8,675		259,397	6,936
Due from group undertakings						45,799	28,768
Prepayments income	and accrued	73,467		47,370		73,467	47,023
		335,611		56,045		378,663	82,727
17Cash and	cash equivalents
			Group			Charity
		2023		2022		2023	2022
		6		6			8
Cash on hand		2,352			654	2,352	654
Cash at bank		1,513,058		1,545,597		1,465,900	1,505,491
		1,515,410		1,546,251		1,468,252	1,506,145

18Creditors:	amounts falling du	e within one year
		Group		Charity
		2023	2022 R.	2023f	2022
Trade creditors		40,275	14,448	38,355	10,909
Other taxation	and social
security		23,478	17,378	20,883	17,378
VAT liability		21,472	12,016	25,757	17,050
Accruals and deferred income		336,216	78,931	332,731	65,081
		421,441	122773	417,726	110,418

Total future minimum lease payme	nts under non-cancella	ble operating	leases are as follow	s:
	Group 2023	2022	Charity 2023	2022
	f.	r.		E
Other
Within one year	761	761	761	761
Between one and five years	761	1,521	761	1,521
	1,522	2,282	1,522	2,282

Group
						Balance at
		Balance at	Incoming	Resources		31 March
		1 April 2022 6	resources 6	expended 6	Transfers F	2023 F
Unrestricted funds
General
General fund		6,006,179	517,637	(646,320)	8,217	5,885,713
Designated
Investment property revaluation		1,612,000				1,612,000
Total unrestricted funds		7618179	517637	~(64fl320	8217	7497713
Restricted funds
GamCare Grants		64,121	648,692	(612,771)		100,042
National Lottery		12,555	16,445	(29,000)
South Tyneside	HAF		7,809	(7,809)
National Lottery
Caterpillar Kitchen Fund Karbon Homes			10,000 1,700	~1,700	(8,217)	1,783
Total restricted funds		76,678	684,646	~651,280	~8217	101,825
Total funds		7894855	1,202283	j1,297600)		7,599,538

Group
	Unrestricted
	General	Designated	Restricted	Total funds
	6	5
Tangible fixed assets	2,984,958			2,984,958
Fixed asset investments	1,573,000	1,612,000		3,185,000
Net current assets/(liabilities)	1,327,755		101,825	1,429,580
Total net assets	5,885,713	1,612,000	101,825	7,599,538
	Unrestricted
				Total funds
				at 31 March
	General	Designated	Restricted	2022
		5	6	r
Tangible fixed assets	3,030,332			3,030,332
Fixed asset investments	1,573,000	1,612,000		3,185,000
Net current assets/(liabilities)	1,402,847		76,676	1,479,523
Total net assets	6,006,179	1,612,000	76,676	7,694,855

23Analysis of ne	t funds
		At 1 April		At 31 March
		2022	Cash flows	2023
Cash at bank and	in hand	1,546,251	(30,841)	1,515,410
Net funds		1,546.251	~3D,841	1,515,410
		At 1April		At 31 March
		2021	Cash flow	2022
				6
Cash at bank and	in hand	1,038,373	507,878	1,546,251
Net funds		1,038,373	507,878	1,546,251