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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|
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|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|
##
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|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|
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||||||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|
##
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##
|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|
##
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##
|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|
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##
|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|
##
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##
|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|
##
##
##
##