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2023-03-31-accounts

Risks
Area Risk Potential
impact		 Mitigating
steps		 Im- Likelihood After ac-
act tion
External Factors: Continued
upwards		 Increased costs amidst Deliver creative services High High Med
Cost of Living Cri- pressure
on costs		 reduced
available		 which address cost of
sis and economic Changing
funding		 funding
poses signifi-		 living crisis
impact ofglobal priorities cant challenge Rationalise
expenditure
and political where possible
circumstances
Strategic Plan Implementing
5		 unable to deliver Business
Plan requires		 Low Low Low
Year Plan could business
plan priori-		 review and support to
restrict response to ties implement
timely and
circumstances
and		 robust changes
opportunities
Policies & All policies and pro- Clear Policies and Annual
Reviews		 Med Low Low
Procedures cedures updated Procedures
with staff
Handbook
and appro-
Finance Grant dependence Continued
focus on		 Explore a Charitable High Med Med
and reduced Fundraising
alongside		 Trading Company
earned income diversifying
earned
Low level Continued
disrup-		 Covid, sick-leave and Offer a responsive ser- Low Med Low
continuance of tion to service de- staff retention vice when required
Covid 19 livery due to care amongst care staff Increase services which
staff retention
is-		 resulting
in cancella-		 are less affected
sues in care homes tions and irregular

Unrestricted Unrestricted Designated Restricted Total Total
funds funds funds 2023 2022
Notes f
Income from:
Donations
and legacies		 53,260 140,860 194,120 229,909
Charitable
activities		 171,307 171,307 143,772
Investment
income		 6 6 99
224,573 140,860 365,433 373,780
Expenditure
on:
Charitable
activities		 109,260 216,563 325,823 313,362
109,260 216,563 325,823 313,362
Net income/(expenditure) 115,313 ( 75,703 ) 39,610 60,418
Transfers
between		 funds 15 ( 123,925 ) 123,925
Net movement
in		 funds ( 8,612 ) 123,925 ( 75,703 ) 39,610 60,418
Reconciliation
of		 funds
Total funds brought forward 89,330 227,575 126,663 443,568 383,150
Total funds carried forward 89,330 351,500 50,960 483,178 443,568

2023 2022
Notes F
Cash flows from operating activities
Cash generated
from operations		 18 72,033 36,121
Net cash provided
by (used in) operating		 activities 72,033 36,121
Cash flows from investing activities
Interest received 99
Payment
to acquire tangible		 assets
Net cash provided
by (used in) investing		 activities 99
Change
in cash and cash		 equivalents in
the reporting
period		 72,039 36,220
Cash and cash equivalents at the beginning
ofthe reporting
period		 391,309 355,089
Cash and cash equivalents at the end of
the reporting
period		 463,348 391,309

As restated
Unrestricted Designated Restricted Total Total
funds funds funds 2022 2021
Notes F F E
Income from:
Donations
and legacies		 156,482 73,427 229,909 324,115
Charitable
activities		 132,488 11,284 143,772 51,819
Investment
income		 99 99 1,111
289,069 84,711 373,780 377,045
Expenditure
on:
Raising funds 1,811
Charitable
activities		 237,520 75,842 313,362 260,651
237,520 75,842 313,362 262,462
Net income/(expenditure) 51,549 8,869 60,418 114,583
Transfers
between		 funds 16 ( 50,000 ) 50,000
Net movement
in		 funds 1,549 50,000 8,869 60,418 114,583
Reconciliation
of		 funds
Total funds brought forward 87,781 177,575 117,794 383,150 268,567
Total funds carried forward 89,330 227,575 126,663 443,568 383,150

Donations
and legacies
2023f 2022
F.
Grants receivable 192,010 228,992
Donations 2,110 917
194,120 229,909
Grants receivable analysis: Grants receivable analysis: Grants receivable analysis: Grants receivable analysis: 2023
F
Community Foundation —Tyne and Wear & Northumberland 42,000
National
Heritage
Lottery Fund		 33,360
Newcastle City Council 15,500
The Baring Foundation 40,000
The National Lottery Community Fund 10,000
Garfield Weston 20,000
Sunderland Culture 22,356
Other 8,794
192,010

2023 2022
F
171,307 143,772
2023f 2022
6 99

Charitable a ctivities co sts
Total Total
2023 2022
E
Wages and salaries 129,633 96,461
Staff travel and training 7,817 1,612
Direct project costs 99,104 138,308
Office costs 31,943 20,169
Comms 3,051 34,496
Professional fees 5,824 2,052
Other costs 48,144 19,690
Depreciation 307 574
325,823 313,362
Support costs
2023 2022
E E
Wages and salaries 17,911 16,693
Governance costs (note 9) 2,160 2,160
20,071 18,853
overnance costs
2023 2022
E E
Independent examiners' fee 2,160 2,160
Net incoming /(expenditure)
Net income/(expenditure) is stated after charging/(crediting)
2023 2022
E
Independent examiners' fee 2,160 2,160
Depreciation —owned assets 307 574

Staff costs
2023 2022
E f
Wages and salaries 108,461 96,275
Social security costs 11,930 9,819
Pension costs 9,242 8,322
129,633 114,416
The average monthly number of employees during the year was as follows:
2023 2022
3 2

12. Tangible fixed ass ets
Fixtures and Computer
fittings equipment Total
f f
Cost
At 1 April 2022 2,935 3,824 6,759
Additions
Disposals
At 31 March 2023 2,935 3,824 6,759
Depreciation
At 1 April 2022 2,145 3,798 5,943
Charge for year 282 25 307
Disposals
At 31 March 2023 2,427 3,823 6,250
Net book value
At 31 March 2022 790 26 816
At 31 March 2023 508 1 509
13. Debtors: amounts falling due within one year
2023f 2022
f
Trade debtors 22,054 29,946
Other debtors 1,492 982
Accrued Income 11,868 25,500
35,414 56,428
14. Creditors: amounts falling due within one year
2023 2022
f f
Social security and other taxes 2,826 2,639
Accruals 2,160 2,160
Other Creditors 11,107 186
16,093 4,985

15. Analysis of funds
Forthe
ear		 ended 31 March 2023
At 1 April At 31 March
2022 Income Expenditure Transfers 2023
f E E
Unrestricted funds
General
fund		 89,330 224,573 ( 109,260 ) ( 123,925 ) 80,718
Designated funds
Redundancy & Wind-Up reserve 102,075 63,925 166,000
Development fund 125,500 125,500
Creative Ageing Programme 60,000 60,000
227,575 351,500
Total unrestricted funds 316,905 224,573 ( 109,260 ) 432,218
Restricted funds
HenPower 52,936 ( 52,936 )
The National Lottery Heritage Fund 7,727 (7,727 )
UnLtd - SSE 40,500 (40,500 )
Arts Council England 25,500 (25,500 )
Newcastle
City Council		 15,500 (15,500 )
The Baring Foundation 40,000 40,000
The National Heritage Lottery Fund 33,360 ( 33,360 )
T8W Community
Foundation		 25,000 (14,040 ) 10,960
T&W Community
Foundation		 - Pergita CT 9,000 (9,000 )
T&W Community
Foundation		 —Willan CT 8,000 (8,000 )
The National Lottery Community Fund -A4A 10,000 ( 10,000 )
Total restricted funds 126,663 140,860 ( 216,563 ) 50,960
Total funds 443,568 365,433 ( 325,823 ) 483,178

For the
ear		 ended 31March 2022 ended 31March 2022 ended 31March 2022
At 1 April At 31 March
2021 Income Expenditure Transfers 2022
E f E E
Unrestricted funds
General
fund		 87,781 289,069 ( 237,520 ) ( 50,000 ) 89,330
Designated funds
Redundancy &Wind-Up reserve 75,000 27,075 102,075
Development fund 125,500 125,500
Creative Ageing Programme 102,575 ( 102,575 )
177,575 50,000 227,575
Total unrestricted funds 265,356 289,069 ( 237,520 ) 316,905
Restricted funds
HenPower 57,226 18,711 (23,001 ) 52,936
Masonic Charitable Foundation 24,000 (24,000 )
NLHF 11,625 (3,898 ) 7,727
IWill —Virg in 24,943 (24,943 )
UnLtd - SSE 40,500 40,500
Arts Council England 25,500 25,500
Total restricted funds 117,794 84,711 ( 75,842 ) 126,663
Total funds 383,150 373,780 ( 313,362 ) - 443,568

2023 2022
K
Net income/(expenditure) for the reporting period 39,610 60,418
Adjustments
for:
Depreciation
charges		 307 574
Interest received (6) (99)
Decrease/(Increase) in debtors 21,014 (484 )
Increase/(decrease) in creditors 11,108 (24,288 )
Net cash provided by (used in) operating activities 72,033 36,121