COMPANY REGISTRATION NUMBER 02152943 REGISTERED CHARITY NUMBER 519443 bLw BLYTH STAR E N T E R P R I S E S BLYTH STAR ENTERPRISES LIMITED (A COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS 31ST MARCH 2023 111111 I 'KIP1441* 1911212023 COMPANIÈS HOUSE #291 BELL TINDLE ￿LLIAmSoN LLP Chartered Accountants and Statutory Auditor The Old Post Office 63 Saville Street North Shields Tyi]e & Wear NE30 IAY BLYTH STAR ENfERPRISES LIMITED A COMPANY LIMftED BY GUARANfEE CONTENfs PAGE- YEAR ENDED 31ST MARCH 2023 Report of tbe Tntste Independent Auditors, Report to the Trus*es 15- 19 Stst¢meni of FiDaticiai Activities 20 Statement of Financial PositiOD 21 Sthtement of Casbfiows 22 Notes to thc FiDanciat Ststcments 23-36 Th¢followingpwdo noglornip4rtofth¢fm4n¢i4lststements Detailed Aoalysis of lll¢ome and ExF¢Dditure 38-42 Page I BLYfH STAR ENTERPRISES LIMrrED A COMPANY LI￿￿TED BY GUARANTEE REPORT OF THE TRUSTEES - YEAR ENDED 31ST MARCH 2023 The Tnjsttts. wkn are also DirKtors ftjr th¢ pu￿ of company law. ate plearyed to pre5¢nt their aDnual Directors. Report together with the fujattcial statenmlts of the Charity for the yeaT ending 31 March 2023 wknch are ￿50 prepared to meet the requirements for a DirKtors' Report and fill￿¢la1 sthternents forCompaw¢s Act piiip)S¢S. The fiDancial statements comply with the C]Jarities Act 2011, th¢ CompaDi&5 Act 2006, th¢ Memorandum and Articles of Asso¢iatioa, and the cljarities Ststem¢nt of R¢¢otttDJended Practi￿ (applicable w cbarities preparing tbeir financial statenmlts in au0rdat￿¢ with tb¢ Financi￿ Reporting Standard applicable in the UK and R¢pubiic of Ireland.. FRS 102) {sssued in October 2019). ChairmaD'S St*temeDt- fun Ch Like other 5irniiar organisations operdting within our sector we have i￿1 affected. tn one way or another, by tbe stark increase in the cost of livitig over the past year. For nwiy the 6nancial climate has preseD(ed as a perfect storm with demand for setvices incJYasitig just as tbe cost of rutioi￿ those services ri5e& Added to this. ftsr many. is the challellge of keeping staff attd volunteers. who xtt are facillg persoJRat pressures, motivated attd Support￿ itt their Nvrk. Attd all of this comes $0 800n after the devastating Impact of the global pand¢mi¢. Over the p&st year Blyth Stsr Enterprisefj Limited has been dedic*ed to fvlfii]itig IL5 core tDi&sion of impioviDg tlLe lives of those with severe and endunDg mental ill I￿1th aod dtsabilitles. We bave ¢ontitwed to collaknrate with partner organi8otion8 and I{￿al e¢)mrnunities ￿ addrw prtssing issues and deliver O￿allingful soiutioos. Dutin8 the reporting period, our clwitsble efforts and organic Brovrtb have made a significani dÈfftrC￿e in the lives of Lore itldividuals than ever before across our various seryitts. The unpact of our work goes beyond statistics,. it extends to the positive transfonnation we bave witslessed in the lives of those we serve. Each sucttss story reaffirtn8 our commi(meot to the cause and tnotivates us to do even nlOT¢. The support we hav¢ received from our gen¢rous donors attd sponsors bas beeu itjstrumentsl io fi￿ll￿g our clwirable initiatives. As of 3 1st Marrh 2023. 1 pleased to report thai our financial positiott ren)aiti8 stsble and n8dienL Our teatn hLs worked diIigentty to opiimise the aikxation of fimds to t￿$Ure mtixirnum impact ond efficiency in our prOJ￿ts. TraDspareacy and wxountability have beeD at the fotefront of our fillallcial pra¢tice5, and we strive to maintsin th¢ In￿1 placed in us by our stakeknlders. Ivhik we celebrate our a¢hi¢vements. w¢ ate rrf)t obkn"viow% to cldlellges th* lie abead. The global landscap¢ continues to evolve, pre3¢nting whth new obstacles to navigate. However. we ￿ steadf&8t in r4olve to adapt, innovate. and find solutions to continue making a positive diff¢renc¢. None of our achieVell￿1￿ would have been pwible Witho￿ the uawavering 8UPPOrt atrj dedtcation of our staff, volunteers and tTUSt¢¢s. Th¢ir pa￿lOn alld commilment to our Cause have betD the driving force beblE￿ our succcss and enabled us to turn &spiratioas into realities and b&5 given hope to those in lleed. As we look to the Blytb Star Euterpriscs Lilljited remaiLs COmTnitted to expanding our impact and r¢aGhing even more vu]nerabl¢ con]JnuDities. W¢ will CODtinu¢ to id¢ntify inoovative ways to addres5 ¢Ttwging challenges wILi1s1 sta>iDg e io our core values. Page 2 BLYfH STAR ENfERPRISES LIMITED A COMPANY LIMrrED BY GUARANTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 ChAirrn¥n's Statetnent- Mr fun Ch We also recogrjise the importance of collabo￿10￿ attd partnerships in ackn"eving sustainable cballge. We wtll actively seek opportunities to work witb our con)tyissioners alld Ixke-miThded OryO￿tions and ￿￿1VIdUalS to amplty our Collective impa¢L In conclusion, I am ]Mrn￿lY proud of tbe progress we bave made &8 t clwitable company. The jOUTuey bas beeD marked by dedicatiOD. ¢QIDPaS5iOt4 aod a 5bared vision for better lives forour service use[5. As we t￿ve fonward, w¢ Thill ren]ain ttue to our Jnissiott and Conlinue to upknld the highest standards of I￿¢grIty and accountability. Together. can create a brighw fuhwe for tb)se in ne¢d and iwire [￿sitiVe cbaDg¢ in society. Thank you for being a part of our journty, and I look forward to your c0titirkn￿ support as we embark ott the next ph&4e of our MI￿10n. ur Pur iti Th¢ Cban"ty's pwpow a￿ set out iu the obJ￿ts cootamed in the conwy's Memorath of A$5￿]atIon. About U$ At Blyth Star Ellierprises Limi"ted we work al¢)ngside peopk agfyl 18 and upwards with mental ill health attd or learning and other disabilities to ettable thetn to have meaningful attd independent h.ves WIth￿ tbeir community. We support people to develop and take control of their OWD lives usiog a person centred approach focused on rehabilitstion and recovery. Oyr 8¢rvi¢es in¢lud¢ liviog supporL ¢ommunity residential r¢bab1iit&tio￿ day servi¢¢s, training and employment trasnin8, life coachiD8, social and leisure activities. The organisation is based upon its three fUnda￿ts1 principles... somemylwe Èo live somewhere lo work someone lo ¢ar¢ F*kere lye Work We are a local orgallisatiott opetating primarily ill the South East of Nortlwmberlamd, which contsiA8 some of the most deprived areas in all of Nortbumberland. We are also increasingly debvtritig services in Ébe Nortb and West of the county as the deDwid for our setyices grows. Working ill partrership with people we suppo¢ their ftittjib.es or carers atrj our conJmi&8ioners. being person centred alld focussiti8 on wbat is important for every person i% our p&%sion. We pride tsutselves on our ability to have a positsve irllpact on people's lives. We Yecruil tnin and support our staff to help po)ple tts m&xitttise their ￿depe￿denCe and to have choice attd control overtheir liw. Our People w2th itidividuaj needs livillg the lives they Cboose. Page 3 BLYTH STAR ENfERPRISES LIMITED A COMPANY LIMITED BY GUAIL4NTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 OurP os¢$ aDd ActiTriti¢s Our hftssion Forpeoplé wtth mental ill kedlth.. Through recovery f￿UsSed age appropriate person ceDtred suppo¢ ￿ eo¢ourag¢ wle with llmtal ill health to tsk¢ back ¢ontrol of their OWD lives as mucb as they caL Forpeople with le47rning ond other disabditses.. By delivering a ramge of flexible care and supp￿rt sthvicA we ￿11 erksure people with learning and otber disabilities are &s itidepelldent as possible attd con￿ba with their local Corn[￿tIes. Our Valu Treatpe(Trple Thithdlgllity resrrtL Give people power to tDake choice$. Support peopl¢ to b¢ involved with th¢ir CODJttyurriIi¢s. Take responsibiliry for our actions and act fairly. Be hon&%1 open and accountable. Listen to ensure we deliver agreed plaLs and outcom&s. Encourage skill and ¢xpertise tbrougbout the Organisatio Welcome and support xnnovation and new ideas ￿ n]aXIn￿ our Promote leaders1￿p and learnmg. Ob eetives arid Attivities Poli¢ies and Obi¢¢liv¢s In setting objectives and planDiDg for activities, the Trustxs hav¢ in due consid¢ratioD to general gUId￿e published by the Cbarity Conllllission r¢latillg to public benefiL Summ¢Vy of Obie¢tsosSa the GoverningDo¢Mmenl The charitable objecty are". To work ￿t￿ people who experience melltal ill health and or learnin8 and other th5abilitxes. to enable them to live attd work indeperthdy within their own local c0mll￿ty alld to support them toward8 aehievitig a quality of ]ife. The provision of ¢oJTwwrrity residential ret￿bill￿tio4 living supporl day services, training and emplO￿￿t Page 4 BLYfH STAR ENfERPIUSES LtMITED A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES- YEAR EIYDED 31ST MARCH 2023 Str4¢wesforAehieving Obie¢tiv¢s In order to ￿bIeve the ObJ￿tiVeS Charity proth ￿mI[￿￿ty r¢SIdent￿ r¢h8biii¢at1O￿ living suppor4 day s¢Thi¢¢s, training and employment trainillg servi￿, advi¢¢ and support for people with mental ill bealth and or learning and other disabiliti&s aod rheir families and carers in Nortburnberland and Deighbouring IAKal Authority areas. Blytb Star Ent¢rpri$es Limit¢d is very involved in the local corn[n￿ty a[￿ as such is indebted to a number l(KaL busittew for tbeir support and vol￿teerS who pmvide their without financial reward. Achi etnellts Perf rrnan Goittg CoR¢¢pn After n)akiDg appropriate ettquiries. the Tr￿te¢S bave a re&sonable expectation that (he charitable company has adequat¢ TeSoUr￿5 to conrinue in operaiioj￿l exi8l¢nce for the fore&eeable fijture. For this reason they will continue to adopt the going b&sis in preparing th¢ f￿￿ncial stst¢ments. Furtber detai]s regarding the 8doption of the going concern b&sis can be found in the AcciyxntirAg Policies. ReviewofActivities Continuing to Provide ihe Bth Quality ofcore Organiwiional Jmpuct In yet atlother that held rnaDy cballenges 9￿j financi81 for athilt gocial care pmviders. BI￿￿ St8r Entetprises Limited ha5 Colltinued to lltsiutain its pri[[￿llY organic seryice Erowth alld illtiovative ￿0demisats0ll across all areas of the organisatio￿ Our actual impact remaitss foatsed vpon our Orgatiisation's principles of 'SoMewh￿r to Live, Somewhere to Work Sor￿>￿e to Care.. The Ooanisation's services are delivered ￿rosS two primary area5. th¢se Living Support Service5, consisting of Community Residential Rehabilitation and Outreach and Day Service5 conwfisLll8 of MeaDingSJl Activities. Tnitting and EmploYn￿ntTr21nIttg. virtgsupport Seryices- Mrssusdn Mosey. Mtmager During 2022-2023 Living Support Servitts (￿S) were still adbering to Governjllent Regulatiolls regardiog Covid-19 infection ¢Olltrol. PPE was still provided free although it was no longer ￿mpulS0ry to Twear alld was now down to Choice. Should a service user ill our Coti)murrity Residential Rebabilithtioo Uoit te4t posiiive for Covid-19 all staff were required to wear PPE whilst deli¥￿ing support to that i1￿1v1th￿l, this is also case for tknse staff Nvothing in our Outreach Service. LSS 8tiLt have a s¢0& of rapid lat¢ral flow tests but these are only ￿ by slaff a[￿ 5etvice us¢rs rfthey arc s>rytotryati of Covid-19. The 5 day u4olation period rernailled in place as did the guidatv to stay at home until 2 negativc te8ts are idet)tified. This sibjation inevitsbly had an impact on sthg re50wces, fortunaiely we had built a bank of eD]ployees rett)ained committed througbout the year to fill any gaps in suvice delivery oftell at short notice. Page 5 BLYfH STAR ENTERPRISES LIMTTED A COMPANY LIMrrED BY GUARANTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 Achlevemellts and Perfonnallee (Coffl•￿￿4j Review pfArtivili¢s fcoNtiMed) To address the wwth ill deDW￿ for ¢Mu 8ervice8 we contllknthlly l(K)k to ¢n¥>loy new mernE￿3 of $taff. unfortUn4tely recruitnJeDt in our specific sector is difficult at the tnornenL HorLfiJlly thi5 Will ittipr()v¢ itL the fvttlre but in the meantirne we continue with our strategy of offenng attrnctsve tenLg aad cotsth"ti0￿ to prospective empk)yecs. LSS have recently managed io recnjit a Th]mber of fvll lime staff and Cotttinue to grow ourballk of sthff. All apartEDents in our Community Residential Rebabililation UDit are occupied at timE of TrTit2ng with demand regularly ex¢¢eding supply. All ¢ompliaoce and risk assesstt)eni mformatiot) has beets fo￿arded to tbe Re8iSter&l Social Landlord, Auck]alld Home& and teuancies are in place for all lodi￿dU3]S Tesiding at c￿$t0￿ Howe and Old Chandlery. There remains som¢ outstsnding building work to be Cornple￿d, how¢ver this is ￿ be expxted with both build￿g$ b¢ing w¢ll it) excess of one hundred yeats old. Both of our bungalows have settled tenants and provide a hi8h sfandatd of accommodation. addition to the approximately 170 people already acces*ing it have a healthy wailing list of new referra]s for our outreach s¢rvice. Unfortunately this demand can ODJY be fi￿Y met once our staff nutnbeTh reach appropriate lev¢ls. Day Seryic The service users we work witb are. itt the most par4 Dot aNractive to etnployers. We scek to develop the poteDtial of all individuals but it is iti4JOrtallt io acknowledge thai there are those whose disabilities pievent theTD frorn entering the n￿lDstreaM employtnent DJarkeL This is pr￿lS¢1Y ￿lY pmvid¢ sWt¢Ted environ0￿1¢8 and seek to make these as real and empowtTll￿ &5 po&8ibk. We presertily have approximately 140 people ￿$7￿8 these services followiti8 the palldemic. of which two thirds are under the age of 40 and many of wlLOm may requiTr our S￿ for the foreseeable This long tern) service tlThrfore needs to remain relevanL in*resiin& challengiog and sustaiuable. Ffoodfvel Cenlre- MrNeilHedley. MtthGger Service user atteodance Temained bealthy the yEaT 8¢eiDg an inuea5e to 18 per day. Norn]ally our busy sal&% p¢riod runs from Augwt to Febnwy, how¢ver this fironciaL year it started e•rlier and ran on to late Mgrch due to hLgh demand for wo(ythels a￿d tbe gen¢rni publi¢ choosiog tbis type of heating rather tban ekctric arthl gas. Setvi¢¢ users partieularly enjoy this tinx of yeAr when they accoyy staff on deliverie5 and meet the c￿t0￿¢rS. We ¢ontinued to build up oo our storage cag¢s to prepare for the next wioter ahead ill older to reach the ready to burn requirements of 20/0 moistijre cotttent and below. We WOEked tn parbmsbip with the ill-fated British Volt io pmce timber cleared from their proposed Car Battery P]ant site in Cambois. Briiisb Volt led the limber in to our site t¥hich we theD prcKessed and gave beck to the lo￿1 ¢oowourrity creating great interest for free wood. As part of the amngenwit we were allowed to retaitl s￿/• of this for ow own st(￿k We ¢ontinued projxt to d¢v¢lop th¢ garden ar¢a of w&st¢ land at our West Sleekburn sit¢ and bav¢ a dedicated staff member working on it titi￿. Thi5 bas 3¢¢n an amazing transtormatiOL Service users enjoy the outdoor space and tbe heIpts￿ witb the upkeep and developttleot of the land. Our s￿ttISh distriburor Pearsons retnain oll board with sigJificaD¢ kitidling pllreha￿ gttd agaitt we experi¢￿ed a higher deowid for the product ￿l¢b stttff and service vsers were happyto Supply. Page 6 BLYfH STAR ENTERPRISES LIMTfED A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES - YEAR ENDED 31ST MARCH 2023 Aehlev rnents P rmanee Review ofA¢liv#ies (coffthnwe4J Service ustt woodwork attendance Yen]ained ￿ a good level throughout the year seeitig 8tt 1￿caSe to 12 per day. The deportnMt continued to work with the local xhool projects swlying moTe outhor play activities wbich the service users really ¢njoyed makJng. The team have assisted in school gardens, ¢rectthE new fe￿Ing areas alld Tn&ing shelters for raised beds. They have a150 built a cornp05ting area to create a Ticb soil supplement to use on the raised bed soft￿ servic¢ users have making garden plant￿5 to sell througb ow S¢ak¢ford Nurseries retsil unit and bave been succe5sfiLI irL selling them to tbe general publi¢. HortiaLI¢urc/StakefordNt￿serieS- Mr Graham Carr, Aconager During the 2022-2023 year. Stakeford Nurseri&% h*J a successful season iti tethil, particularly sellthg TumbliDg Tom totnato baskets at the beBinnittg of the pumpkins around Halloween and wreaths at Christiw. A significant amouiit of excess frnit and vegetables were donated w local food bath. The Nurserics also secu5ed ¢ontracLs to plant up publio plantory for E￿￿1 Bedlmgton Pari.-h Council. i￿"¢b i￿e themed in rel ithite, and blue to bonour HM The Queett's Jubilee. Variows cootracts were undertakerl including landscaping work at Ivbitehouse Fam iti Morpetty wh￿h include4J the plantiog of 3,500 trees. aod supplying aod p]aDung haDging baskets. The Nurseriu faced 8 heatwav¢ in mid.July so organised lo￿1 trips for the service w¢rs to combat the ¢ernp¢rdtures. Staff chang¢5 Occurred, with a n¢w garden supervi50r joining ID June and th¢ d¢partw¢ of roanager Dan Hedley in September, leaving Ruth Hedley and Gralthm Can as caretaker DI￿gerS until a new appointment could be tnade. The year included events gjch as a barbe￿ and games day, a visit to the Harrogate flower show. a CbrislDJ&8 dinner. and a day trip to Bamburgh Castle. Stakeford Nur5eri¢s and the horticulbjrnl service S￿￿esSfi￿1Y renewed its contracts for the followm8 seagott with various orgaDisati0t￿ The Port Of Blyth retsined ow landscaping and gatdeus ti￿]ntenanCe services ftii another year. E&ft BedIu￿t00 Parisb Council ordered a sigwficallt an￿UllI of street plantets and we Cottlitiued to supply orgatiit plants to North East OrgaDi¢ Growers and Gibside Farni. The year saw t))any ehang&% ￿ stsffing. In June 2022. a new Setilor Stspport Worker jotned the te•Tr aod quickly illt¢grdted well with the existing 5tsff aud service u5Ct5. Dan HedlEy. manager. left our ernplojinent in Sept¢mb¢r to join the Police forc& Exi5tin8 Staff member Grahatn Carr was appointed &8 the new Horticultural servi￿ Maoager8 in F¢bruary following a succes%fi￿ iuterview. William Dovgias, one of our most experienced and last remai￿ origilla] membeis of staff retired during thc year. h¢ be greatly mi&wl by staff and servi¢¢ ￿5¢r￿. c SieomboaiD&y sen'￿.. Alrs CdrolBo)@. M1w￿￿eT In thi$ period we bave developed a'1*althy livmfvlthy lifestyle" %htme. This in¢lud¢s s¢rvice ￿se[S participatiDg to be weighed weekly and advice given around tbeEr goals. We have daily alternative 'Wthy options" on the menu for thooc thrAt to lo￿¢ weight. included in thi6 are doing daily ex￿15￿ (geated) and going out Ioc3115' for wiik.. couK in to nll4 a work5bop around and our ¢ook is hoping lo get more experience cooktn8 for service users with diabete8 as we have quite a few. We have orgaDiz¢d worksbops with guest speakus- W¢Jf8re Rigbts talked to s¢Trice users about the beT￿ts and support available with cost of living crisis. The Police came and gave a talk around cotnmunity safety. We also bave fijrtkner visits . planned includ]ng going to visit events out in our I￿1 cOo￿tiU￿ty. We bave a younger crowd on a Friday in the afternoon we have a '%vellbeing group" AJLyone can join iti and we do activities around s¢lf-care W￿.1$t creating a safe Space for those wanting to thik aEou¢ any issues theyuwyhave. Page 7 BLYfH STAR ENTERPRISES LIMtTED A COMPANY LtMITED BY GUARANTEE REPORT OF THE TRUSTEES - YEAR ENDED 31ST MARCH 2023 AchievemeDts 2nd PerfonnaD¢e Review ofActivities W¢ hav¢ ¢ar¢rs pop in for a coff¢¢ and a that on a Wedn¢sday ailertwTr They catL do this an￿lm¢ but more 5e¢m to ottend on the Wednesday and thty are able to chat lo other carers about their experiences. We decorated the main office so it is a quiet space for carers to come and cbat aud have a cup of te& D&5Pite haviDg very limited outside spa¢e we bave $orne plants and vegetsbles that we have gTown fr(trm seed and a CO￿le of service users are loving looknng after tbese, watering attd watchsng them grow. Our Arts & Crth hav¢ ￿rten a big hit have source(I new equipnM¢ and Are tonlitwally loo]ang at new id¢￿. W¢ like to display the artwork ID the ceDtre. however some like to take it home for families $0 enjoy. We have also introduccd cultural tbeme dayj i.e. CelebraiiDg Cbinese New Y&qr, learniu8 aFM)Ut its history and cooked tbe food eatrn traditionally at this time. gasning kDowledge frorn two Asian service useTS we bave. Two service usery have UDdergoDe trainiD8 to enable tknejn ro work in the kitchen and they have both acbieved Level 2 iti Food HygieDB. We also facilitate cooking lessons wi¢b setvice usess. A progran￿ is curreDtiy under coD51n￿tiOll to belp deliver traiD]tig daily liwing skills for servic¢ us¢rs wh￿kn we to have up nmning soo R￿entlY we have commellced utiiistng our mini busts throughout the day when tbey are not being used for seThrice user tJaosporL we have already been to Bea]nisb and have nwre rrips planned All of our stsff are now fi￿Y traitied in Ejnergency First Aid. Fire Awareoess and Level 2 Food HygieD¢ apart fiDm our cook who is trained to L¢vel 3. Lionhearls/North Outreach Senriccs- MrsAnne Mane L&sler-Manager Sadly th¢ Lionbearts day service came to aa end on the 30th March 2023. the difficult decision to close w&s thkeu as tbe service wa$ no longer fiDancially viable and required sigDifiwt subsidi5ation. We have supported and eDcouraged thos¢ who attended tbe gTOUP to continue to meet up and helped the￿ to set up a VA￿tsaPp group thrO￿h which ail of them continue to ke¢p in toudL We also supplied inforntstion about otber ktai group5 in tbe area Wh￿ tbey Could tA)tentially access. Our nortb outreach setvice is still relatively new and is developin¥ organically and is wrrerktly at capacity ft)r the curreDt levels with 9 servi¢¢ wers rxeiving support of b¢tw¢¢n l and 10 hours p¢r week pr&lOmi￿￿Y funded by the local authority. FiDaDcial ReTAew Principal FuvdingSox¢r¢ principal fi￿d￿g ￿ur¢￿ of the Cbarity ate the provisiott of a commutjity residential rebabilitatiott and recovery service, living support outreach servicts, independent supported livitig servÈcts. day services, training and employTnent training servi¢e& The8e servi¢e& represeDt 8X.83•/• (2022: 87.55QA) of the Cbarity's total income wbich is a Teductioll on the previous year due to the re¢¢ipt of a significant Deed of Gi Expettdithre EXPe￿diture Iw illcrtased cottyred to the previous year primarily due to the effKt of Living Wage pay awards ll￿de to employees ond the impaci the currettt Cost of Itving crisis is having on all b￿lD&￿seS. Page 8 BLYfH STAR ENTERPRISES LtMTfED A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 SffjtementofFillanei41Posilion Our statement of fllw¢iai positiott continucs stronger with totsl reseryes of £2J90,089 (2022.. £1,820,612) We investrd £153,630 ID Wital a&sets duriti8 the w. maioly in our freehold prom and plallt & equLpmellL We will ontinue the policy of investiD8 where nEcessary to modernise, teti)ain safe aod wljere possible, provide improved care at optimum cosL Net ¢urrent &88eis at the yeaT-end were £621,991 (2022.. £387.111) with the ]￿lease being attributable to a larger surplus b¢ing achieved this year wupkd with timing effects of receipt of debtots al￿ tbe early settietnent of our Social Enterprise InV￿tr[lent Fund (SEIF) loan and Bayciays mortgage. FinaDcial and Risk Mana ement Ob'tttives and Polities As a registered Chan"ty the firmocial objeaives of BI￿￿ Star Eowprises Ltmited are: To be financially stable at all times and to tnainw sufficietit ruerves ￿ athieve this. To be Enanaged professlonally and prudently ID line with polici&s agreed by the Board of TnLStees. To geDerate operatlng suyplusu alld to re-itivest these ￿WardS the ￿hleyeD)ellt of ow ¢haritable objecttves. To control ¢XF¢oditure and operate efficicntty. To D￿nItor. control and miniw au fillallcial and other risks. FiMoMcialR&fk M4nog¢mentPol Internal fillancia] Controjs are regularly reviewed in lin¢ with guidelines set by the Clwity Con]mission. This is th¢ responsibility of senior mattagemeot at)d the BoaTd of Tn￿tee$. The Ch8riry nwes its cash resources. includillg sufficient working capitsl. so that operatwg needs are witt￿lut the oeed for regular sFK)rt tern] bom)win& ally SUTpIus cash is invested so as lo maxiuuse iat¢r¢st iucome. The clwi¢able cwany is exposed to price risk in terttk8 of str￿tory ￿illg levels but is content that these are in line with those ill the ￿tor and budget accordingly. CT¢dii Ti5k is managed through re￿lar contact with fiuthrs. liquidity and tash flow risks are managed through appropriate and wefjjlly managed w of financial itistsiuneots with our principal bthers. InvestheAIPowers and Policy Under the Memoranduta and Artic1&5 of Association the Cljarity bas the to invest ia any way th¢ Tn￿tee$ Page 9 BLYTH STAR ENTERPRISES LIMrrED A COMPANY LIMITED BY GUAIL4NTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 Finanelal and Iusk Mana ement Ob'ettlves aod Polldes (co￿￿￿¥t1) R&serves Policy ond Go¥ng Coneérn The Board of Trustees of the Cljarity have a strdtegy of CODlinuin8 where po%￿￿1¢ to build ￿erveS thmugh plaAoed operdting surpluses. They ar¢ aware that a prudellt approac￿ particularly in the ¢urr¢Dt clitDate of financial and economic uttcertaiiity, be maintained to ensute that *thcient t£se￿e$ are avathle ￿ provide ￿￿rC¢S and tlexibility to achieve ￿t￿re pla￿. Should the Charity generdt¢ fllwlcial Surplu￿5. tbe CUErent resctves policy allows foi up to six tnonth5 fuDDin8 costs ￿ b¢ kept as an uncoTnmitted reserve. Any fiJnd5 rernall￿ slmld be committed to works and services which tneet the aims of the Charity althoiLgb 0￿e committed these do have to be spent withitl one financial year butbecome restricted fvnds. At 31st March 2023 unrestricted reserves wue £2,116.139 (2022 .. £1.725.404) and six months rutiDiDg costs alnouoted ¢0 £950,680 12022.. £901.055) the Trustces are thercfore ple&4ed to rtport that UDrt4tii¢ted tEservc5 ¢xc¢¢d the MIDI target by £1,165,459 (2022 . £824.349). Vthi1s1 this is reassuring ongoitig and increasmg wicenainry in ow ateas of aciivity suggesr we continue with OUT pn￿ellt approath in resp¢¢t of our res¢TV¢ kvels alld on that basis th¢ Trustees hav¢ implemented tbeir plan for unt￿tricted Surplu￿5 in this and future years to ￿ extended to six rttonts i)pernting COSL The growth in reserves will be aclll.eved througb continued IllGo￿¢ g¢nerntioD. estsblishment of unrestricted income $trew and SoU￿j financial EDaoagetllent but we are tyiudful that we still need to invest in our current projttts or any futs]re project that arises which ￿11 be of b¢n¢fit to the Charity. Pla for Fu Period¥ The TTUStees and senior maoagemenr teain have set out a growth stra*gy for Blyth Star Enterprises Litnited focused on the expaasioll and raod¢misatioD of our services. This expaosion and moderni5atioo will generate year on Ye￿ Su￿luseS that w¢ cao re-invest in our staff co Amprove our service delivery and provide even better support to people with mentaI ill health and {or) learni￿ at)d other di￿bi￿.tIes. their fatnilis5 aDd c#r¢rs. The TNstees ttre committed to ¢￿tt(inu&ll8 to invest in our Organisation through tbe use of our reserves and grant fjJllding. rather than cui back oll the se[yic￿ provide and the resulthnt iTXPCt we can achieve for our betteficiaries. Page 10 BLYfH STAR ENfERPRISES LtMfTED A COLMPANY.LtMITED BY GUAIL4NTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 Referenee and Admitttstrative Details Charlty Lyame: Blwh Star Entetprises LiDJited Charity Re8iStr#tion Number: 519443 Company RegistratioD Nunther". 02152943 Registered Otrice aDd Operational Address: The Old Chandlery 30 Ridley Street Blyth NortlwmberlaDd NE24 3AG Bankers: Ba￿lay5 PLC 50- 51 Notthumbria House Mattor Walks Shopping Celltre NE23 6QP SeDior Statutory Audltor: Bell Tindle WiUwDwn LLP The Old Post Offi¢¢ 63 Sa￿lle Stre¢t North Shields Tyne & Wear NE30 IAY Sfjlicitor$: Yarwood & Stslbley 15 Stanley Streec Blyth Northuntherland NE24 2BT Dlre£tors and Trustees The directors of the cbaritsble ¢ottwny (the Clthrity) are its Tntstees for the purposes of Clwity law. The Trustees vtho served during the year and since the year end ￿tEe as follow5: Key Management PersollDel Blytb Star Enterprises Limited: Trustees and Directors EIKted Trustees: T. P.ChrAsp JP S. W. Gibson Ms T. Rendall Mo S. M. Huron Ms L Tollks (Cbatrnw) {CotDp8ny Secrethry) (Resigned 14.12.22) Key Mansgement Personnel Blyth Star Enterprises LiJDited: Management Chlef Exeethtive: Ms J. Dixon Consultant: G. M(x)re MBE Pagell BLYfH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 Struetur Governanee and Mana emettt Nith¢re of GoverningDO¢￿1￿£ttt4ndHoW the Ckndy 15 Bl￿b Star Enterprises Limited was incorporated in the UK &s a compaoy limited by guaraniee on 6th August 1987 and as a charity on 30th October 1987. The company was establisbed ukn a MernoraThdum of knociati¢)n whicb ststes the obj¢¢ts Jnd powers of th¢ wmpaoy and is govetned und¢r its Articles of Asgxiation dated 18th Jun¢ 1987 (updated 25th Septeother 2015). In the event of the compally beiDg wound ￿). the m¢nkn are rawired to contnbu¢¢ aa amou￿ llotexceeding £EO. The charitable c¢)mpany i8 rnaDa8ed by Truste&% with expeEtise relevant ￿ the managerncnt of th¢ company. The TnLSt meet quarterly to monitor perfortDance, agree resource allocation, 1dertt￿ and agree solutions to wobletDS aud r¢spond to any opporttiniti&% that arise. The Chief Execlltsve Officer meets regularly with the chairm￿ of Trustees to discuss perfomwce. Appoinlmentof Tr￿e¢S The Dir¢ctors of the Company are also Charity TnLStees for the purpose of Chan"ty law. Should B]￿h Stsr EDterpris¢s LiDJit¢d wish to Tecruir a oew Trustee theTe are fonDal proc&￿ in place to eDsure a good candidate is selected. There is DO specific age group or expenenc¢ required to become a Tnts*e. howev¢r Trust￿ rn￿91 oot bav¢ uD5pent ¢onvictioDs for offences involTring deception or dithonesty and be ￿]lIng and able to dernoL%trdte that they can add tt> the raD8e of skills ond experience pr￿ettt in the existillg Tn￿lee* They should ai%0 be able io denK)n$￿te their coEtLmitrietti to actively parti¢ipaie in the governance and development of the company Outside of Board meetitigs. Th¢ Board of Directors striv¢ ¢0 recwit new TnL5tX5 from ￿thin th¢ ar¢a of iDllU¢j￿ of th¢ Charity, from wid¢r professional spherv. i.e. knl busines8 Cottllnunity alld people with experience of providmg, orgaDising or admini5terin8 eTDplO￿ertl tsaining. In addition it actively seek to recrnit people with experience of m¢ntsl ill health and or lelming disabilities. their families or caters. Under the requirements of the Articles of A$s￿latio￿ members of the Board are aorn)ally ¢I￿ted at tb¢ AnAual GeDernl Meeting (AGM), with one tbird of the Board re5igDing at each AGM. this number being made up of those WI￿ have been appointed to the Board loogest sioce their l&st appoiotm¢o¢. rrustee Induerion aftd Training There is a forEllal induction process for all new Tntstees. This indud&% all orielltation by the CbaiThnan alld Cbief Executive Officer and the provision of an uJfortt)atiott pack whicb explaitis their legal ob]igatiOllS under Charity and company law. the Charity Con]mi&8Aon publication "The FAsenual Tn￿let. and specthc guidallce public b¢nefit and ¢onfiicts of int¢r¢st. and itifOrn￿ tI￿rn of the content of the MemoraTth and Articl&s of Associatio￿ tbe CQDuJittee d¢cision.ttJakitig processes, the cumt bUsin￿S plan and recent financial performa￿¢ of th¢ Charity. During th¢ induction they meet key employees and other TnJste&s. Tntstets are encouraged to attend appropriate extemal training events where tINe will facilitate the und¢rtaknDg of theiT role. Or8an&SalioMoIStr￿thrt andHow Deeisiorts qr¢ Made The Clwity has no fLxed owimum of TTUSte¢s. CurreDily there are 5 Tn￿lee& rne¢t fr94uently as a Board to discuss and decide the po]icies and Strategy of the Charity. tndividual Tr￿l¢eS participate ID other meetings ID between Board m¢¢ting$ specifi¢ to their areas of ititertsL expertise or line with thetr delegated respoosibdities. Page 12 BLYfH STAR ENTERPRISES LIMITED A COMPANY LIMfTED BY GUARANTEE REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2023 Struct￿re Govern*nce and Ma Orgonisationalstruclure andH0wDEC￿LL1nS Aremade (COAknued) The Tn￿le¢S bave th¢ ultimate rwibility for estsblishin8 tbe $trategi¢ dir¢ction a￿1 co[￿￿te objectbV¢S of the Charity with the day to day n￿ning of the Chatity being the responsibility of the chairma￿ the Chi¢f Ex¢cutive Officer. and the Op¢rations Dir¢etor. Committees of Tnjsttts are forrn￿ as and wbeo required to cover Audit & Fioance. Care Quality. Health & Safety and Risk. The thief Exe¢utsve Officer is a5sisied by the Operati0Tr5 Director atyj a vari¢ty of Service level agTe¢ments for essential support seryices. RelotedP4rties and CMperniioM with Oilter 0ryunis41ions Blyth Star Enterprises Limited is a spttiaiist pmider of care for pe4)ple with mental ill healtb 8ty1 or learnitig alld other disabilities. SeTrices are commissiotled by Adult Social Stivicu depattments withth local councils ID the Nojth East of England primarily but not exclusively Northuanberlan& The Cbarity ¢OJ￿ goc4J relationsbips with a variety of other Iwal and Jwtional pa￿]erS and stawtory t#)dies. P4y Poli¢yforKey man4geme￿PeThWMe1 The pay of Keymanagexttni Petsojjnel is reviewed annually and normally I￿reas￿l in ac¢ordaoc¢ with average ¢arniDgs. The Twstees bett¢h￿￿k agall￿t average pay levels of other Charities and similar organisations within the se¢tor and ill the regioll. Pay lev¢Ls ar¢ set usuw this ¢nfonnativing our TnLSte&¢ Rewyrt." there is 00 r¢levant inf0rnuti0￿ king iDfornMtion needed by the Charitys auditor5 in COD]￿tiOn with preparing their report, of which the ChaTiW$ iuditor5 Jr¢ wthw8r¢" and the Trustees, havillg Made enquirru of fellow di[￿torS that they W to bave indiyidually takeffj have each t&ke all the sws that helshe is obliged to take as a director in order to llthke then￿1VeS aw8rt of ally Felcvattt Inforn￿li0tt and to ¢stsblish that the Clwity's audttor3 are aware of that informatio Inde ndeDt AudRtor Emma HartsE]orn¢ Fergusoo BA FCA and Bell Tindle Willia0￿ iLP are de¢nKd to be re.appointed under s￿tio0 487(2) of the Companies A¢t 2006. R¢-appointm¢Dt be confirtlled at the next Annual General Me¢ting. This report VAS approved by tbe Tntstces on 30th November 2023 and sigxd on thcir bclth]f by. T. P. CHRISP Page 15 BLYfll STAR ENTERPIUSES LIMITED A COMPANY LIMITED BY GUARANTEE tNDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2023 OPINION We have audited the fuJan¢ial ststemcnts of Blyth Stsr F•rises Litttited (the 'clJaTitabk company) for the year ended 31st March 2023 comprise the statement of financi81 activities (itiCOTpfdÈing income and expenditure account). the 8tst¢m¢nt of fmncial positio￿ tILe statement of c&shfiows and the related not&%, iticludthg a sumw of sigDifi¢aat accoun¢ing policies. The flljanciai reporting framework that Iw beeo applicd in their preparation is applicable law and UDited Kingdom Accounting Stsndards, iuchthg FRS 102 The Financial ReportitL8 Stsndard applicable in the UK and Republic of Ireland (UDi¢¢d Kingthjtu GeDeEally Acccpted A¢¢owthg Practice). In OUT OPiDion the fillancial ststejnenls". give a true and fair view of tbe thte of the chatitsble companls affairs &4 at 31st March 2023 and of its illcon)ing resource5 and application of resources for the year then ended" bave beeu properlyprepared ID a¢wTdartt with United Killgdom Generally Awt¢d AcwuntiDg Pwtice,. And have beets preparEd in accordance with requ1[a￿ of the compaw.es Aci 21¥J6. BASIS FOR OPINION We Conducted our audit in ￿OrdanCe with tnternatsonal StsndaTds on Audiiillg (UK) USAS (UK)) and applicable law. Our rcspoDsibilities under those standards are further described iffj the auditorfs responsibiliti¢$ foT the audit of the financial statements sectioll of our wrL We we itidependent of the chariwble wmpany iu ac¢ordanc¢ with th¢ ethical requirell￿nts tb* are relevalli to our audit of the fmancial stat¢m¢nts in the UL in¢luding the FRC'S Etbi¢ai Standard. attd have ￿lfilled our other etbical re5poftsxbilitieS tti a¢¢ordance the5¢ requirements. We believe that the audit evidence we have obtsill￿ is suffi¢ieM and appropriate to provide a basis for ow OPimi¢ML CONCLUSIONS RELATING TO GOtNG CONCER In auditsng the fllwKial statements. we bave conchthd that the twstees, use of the Boing cotscem basis of accOw￿1ng ID the preparation of the fin*Kial state1t￿L* is 4wriate. Based on the work we have perform¢& ￿ have ideotified any material Unce￿1￿tIeS relating to events or conditio￿8 that. itidividually or collectively. may casi sigmficant doubt oo the charitable compallgs ability to continue as a going ¢on¢ern for a period of at least hveleve months from whett & fmancia] statell￿ts are authorised for issue. Our r¢S￿OSibl11tieS and the Yesponsibilities of the t￿￿¢¢3 witb r&wt to going cO￿¢M ¥r¢ d￿1b¢d in the r¢levattt sections of this reporL Page 16 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYfH STAR EIYTERPIUSES LIMrrED YEAR EIWED 31ST MARCH 2023 OTHER INFORMATION Thp. nther infThrnTrtinn ¢omprise.$ thp. infnrmation includeAI ID the Rwrt nf the TnIst￿.￿, nther thp. finHnr.ial ststetnents and our auditor's report th¢rw The tnLs¢e¢s ar¢ re4K)Trsible for the other information. Our opinion on the fLllan¢ial staietn¢uts do¢s not cover the other inforn)ati¢)a and, except w tbe extent otherwise explicitly s¢ai¢d in our rq￿hff. we do not expre&8 Any fonn nf a￿7}￿￿Ce cooc1￿￿10n themn. In eMnneLtion wilh our Audit of the financial yatements, our 7esponsibility 18 tr) l￿d the. nther inforniation rsnd. in doing so. cotssider whetber the other infornlation is matrrially inconsisteot with the fmancial Ma￿ellts or our knowledge obtaiued in the audit or othenwise appears to be llmterially misststed. If we identsfy sud) nuterial inconsistencies 01 apparent n￿tena1 misststements. we ar¢ requir￿ to deierti)ine whether there is a material mis5tstetnent in the finall¢ial statements or a Daterial misstslen￿0t of th¢ otber infom]atioo If. b&sed on the work w¢ hav¢ perfornied w¢ cO￿lUde that there is 4 IDateriai misststenwit of th's other infort￿all0￿ we are requir¢d to report that fact. We hav¢ notbing to re￿￿rt in thi5 regard. OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006 In our opiniot4 based on the work ￿￿ertaken in the course of the audit: the inftinnation ￿Ven in the Report of the Trustees for the finwKial year for which tbe financial staterllents are prepatcd is COUSiSielll with the fitsancial Matcmellts" atyj the Report of the Tn￿[c8S bas t¢en prepated ill a¢cord8nce with applicable legal requir¢m￿ts. MATTERS ON IVHICH WE AJIE REQiJIRED TO REPORT BY EXCEFfioN In the light of the kniowledge alld understsnding of the charitsbl¢ corwy and its enYiroThment obtailled in the course of . the audi( we have not ideuttfied material misstatements ID the Rwt of the Tnjsttts. We have nothjng to reEX)rt iti respect of the following matters in r¢lation ￿ wtiich the CompaDi¢& Act 2006 requires us to report to you if, in ouropioion.. adequate accounting Yecords bave not beeo kep( or rettulls adwua* for our audit bave not been received from branches not visited by us. or th¢ financial 8tateiii¢nts are not in agreement with the accouniittg ￿ordS r¢tsuns' or certain disclosures of Ttustees, alld key managemeni petsom￿l rettwmtion specifid by law are not made" or we have llot rec¢ived all the information and explanation8 we rwuire forour audiL Pag¢ 17 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMTTED BY GUARANTEE LNDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2023 RESPONSEBILrriES OF TRUSTEES As explained more fvtly in the t[Wte￿ ra5ponsibilities ststcmeni the tn￿ ar¢ responsible for the preparation of th¢ financial Statements a￿d for bejng satisfied that they give a true aThl fair Triew, 8Dd for wch interllal control as the I[￿Ste¢S deiertnine is twLssary to ¢Dabl¢ the pr¢para¢ioD of fuwicial stst¢rn¢nts that are fr¢¢ from material mis5tst¢m¢ni wheth¢r due to fraud or error. In preparing the financia] statements. the trustess ore responsible for assessing the ¢baritsble companls ability to ￿ntiMi¢ as a going corn disclosing. as applicable. tDatteES re]ated to going con¢¢rn and using the going ¢onc¢m basis of accounting wdess the tnL￿te¢S exther intend to liquidate the charitable company or to ce&se orLrntions, or have no Tealistic alternative but to do 50. AifDrroR'S IiESPONSIBJLITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS Our objectives are to obtain rcasonable about thtt*r the finallcthl statements as a whole are free from materi mi55taterncllt, whether fraud or enor. and to issue an aUdi￿r.$ report that i￿l￿deS our opillion. Reasollable assurance is a hrgh level of asSUrn￿. but is llot a guaTan(¢¢ that all audit conducied ID ac￿rdAnCe witb ISAS (UK) will olwajs detcct a motcrial ￿"￿t¢￿ettI WITh it cxknL. Mkn-t41¢n)en¢s Can ￿-¢ from fiuud or" crror ond orc cO￿ld¢red material if, individually or io the aggregate, they re&wwbly be eX￿ted to iDfiuence the e¢onomic decisions of users tsken on the b&sis of these o￿a0¢1a1 stat¢uMts. Irregularities, incluthng fraud, arc iTrstAnces of tton.cowliance with laws and regulations. We dcsign procedurt% in litje with our respoL8ibilities. oudined above. to ddeci marenal ￿l&staternents ill respect of Irregul￿lties. including fraud. The ¥xtent to whi¢h our procedurt% are capable of deteoting irr¢guiarits"es. itiGludmE fraud detail￿ below: Our opproacb to idontsfytilg a￿1 assessing the of material in res￿ of irregulan'ties. including fraud tstld non. compliance with lawJ and regUlatso￿￿. ￿. kn follow￿ engagement partner enwEd that the engagement team collectively had the appropmte competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulatio￿5,. We identified the laws and ttgulations appli¢abl¢ to the cbaritable cotwany tbrough discussions with tn￿te¢S and other rnanagemenL aod from our commercial k[￿WItd&e and experiellce of the cbaritsble sector. We on specific laws and regulations 7whi¢h we considered may bave a direct nllterial efftct on the finanoial statetnents or the operatiO￿S of the Company. including the Companies Act 2006, taxation legislation and ¢Jata prole¢tioJ4 anti.bnTr>ery. employ11￿ cllvimtimtaL health and safety, melltsl I￿1th and mental capacity acts; We a35es8ed the extent of cornpli￿¢e with tbe laws and regulatiow identified above througb * enquiries tsf rnallageroent and iDspecting legal ¢otrespondence' and Identified lkws attd regulations were eommurricated withiti the audit It￿ regularly and the tearn remained alert to iLstances of non.cotDplian¢¢ throughout tbe audit. We assessed the S￿￿eep￿lI]I1ty of the cb8rit&ble comp8nY$ financial st**ments to material misstatem¢nL in¢luding obtam]ng an understanthg of how fraud migbt o¢w, by. Making enquiries of maDagellTht as to whert coosideted there susceptsbility to frdud. their kmwledg¢ of actual, susp¢cted and alleged fraud. Page 18 BLYTH STAR ENTERPIUSES LIMrrED A COMPANY LtMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYfH STAR EiYfERPIUSES LIMrrED YEAR ENDED 31ST MARCH 2023 AUDITOR'S RESPONSIBILrriEs FOR THE AUD￿ OF THE FINANCIAL STATEMENTS (co￿l￿￿ed) ConsthnD8 the internal controls in place to mitsgate risks of fraud and noEL.compliance with laws and regulatktsTr%' Understandin8 the design of the clwitable Co1￿￿S remun¢ratioD policies. To address the risk of fraud through mallagernt bias atyj override of control4 wt: Perfornied analytical procedures to ideDtify 0rU￿Xp￿ reiatioLthipJ' Tes*d j¢yJrnal elltries to identify UnuA￿l trallsactio Assessed vAth judgements aod assumptions in detern￿g accounting estiJLates weff indicative of potential bias" and IAvesligat¢d th¢ rationale behind significant Qr UD]L$U￿ trattsactions. In response to the risk of irregukn'ties aod tr)ttection of TknguIatory and Icgal cOrrW￿￿d¢0C4 if atty. Material MT" -iatemonts that ar1￿¢ due to fraud bc Fb2rd¢r to dctect than th03c tbot oriA frotn e￿or ￿ tbcy may involve dejiberate conceahnent or collusion. As part of an audit in accordan￿ with ISAS (UK). eKer¢is¢ prof¢ssional judgmeDt and maintaii profetstot)ai s¢eplici&m througbout tbe audiL We a150'. Ident￿ alld assess the risk5 of material missthtement of the fin￿la] sthtements. wbether due to fraud or error. d&8ign and perfomi audit procedur&% responsive to tIM)s¢ risk4 aod obtsin audit evidellce that is sufficient and appropriate to provide a basis for our opiniott. The risk of not detectsng a ￿￿terIal lllisststeme￿ resultillg from fraud is higher for one regjiing from error. as fraud involve ¢ollusioty forgery. irttentional Omi￿10￿$, misrepre8¢n¢atsoTh%. or the ovettth of int¢rnal control. Obtain an understanding of interttal control relevant to the auth"t in order to desigD audit procedures that are appropriate in th¢ ¢ircUnstsn￿. bui not for th¢ puw of expressing an opinion oa the effedivenes$ of the internal Control. Page 19 BLYfH STAR ENTERPRISES LIMfTED A COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF BLYTH STAR ENTERPRISES LIMITED YEAR ENDED 31ST MARCH 2023 AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THK FINANCIAL STATEMENTS (m￿Irt¥¢dj Evaluate the approptiateness of accounting policies used alld the reasoDablene55 of accounting estimates and related dL%closures made by the tsvstees. Conclude on the appropriateness of the truste&¢ use of the going concem b&%i8 of account]D8 an4 based on the audit evidence obtaÈtied, wlKthu a matenal urtcertaitity exis(s related to events or conditioDS thai may cast Significant doubt ots the cbaritsble coMpan￿S ability ￿ continue as a going concem. If we conclude that a material uttcertainty exist4 we are required to draw attention ill our auditor's report ￿ the related ¢Jisclosures ill ¢he financial statements or. if such disclosures are itiadequat< to ll￿dify ow opinion. Our conclusions are based on tbe audit evidence obrained up io the da￿ of our auditor's reporL However. events or &)ndition8 tnay Cause tbe cllaritable company to cease to contitiue as a going con¢enL Evaluate the overall presentatioo structure and conlent of the fitwicial statements, including the disclosures, whether tbe financial statements tepresent the underlyitig traLsactioLs and events a rnall￿er that athieves fair prewitatiOIL We ¢otnmunicat¢ with thos¢ tharged with governa￿ regard￿ among ot]*r tDatters. the plat￿ed ￿0p¢ aDd timhng of tbe audit aod signifi¢ant audit fiT￿l￿g$. including any 8igoifiunt defieien¢i<% Rn internal CODtrol tbat w¢ id¢ntify during our audii. USE OF OUR REPORT report is tnadc ￿l¢lY to th¢ ¢baritable company= trLLSte¢s, body. in aGcordinc¢ witb ¢hapt¢r 3 of part 16 of the Con]panies Act 2006. Our audit work bas been undertaken so that we tDigbt state to the ¢baritsble Compan￿S trustees those n)atters w¢ ar¢ r¢quir¢d to state to t1￿￿ in an auditoes report and for oo oth¢r pu￿08¢. To the full¢&L extent perJ2]itted by law, we do not accept or responsibility to anyone other than the charitable con]paDy and the h4ritabl¢ cozllpaoY-. a b(Mly. for ow audit fol this report, or for the opioioD8 w¢ bav¢ fonn¢d. Etnrna Hartshorne-Ferguson BA FCA {Senior Stt￿tOryAUdIt0r) For and on behaif of Bell Tiod]e Wil]ian￿on iLP Chartered Accowitants & Stsbjtory Auditor The Old Post Office 63 Saville Street North Sbields & Wear NE30 IAY 3OtbNovettther 2023 Page 20 BLYTH STAR EiYfERPRISES LIMrfED A COMPANY LIMITED BY GUARANTEE STATEMENf OF FINAIYCIAL ACTIVTfiES CORPORATING INCOTh AND EXPEIYDfTURE ACCO - YEAR ENDED 31ST MARCH 2023 Unrestricted Restri¢ted Rtvalu#tion Funds Funds 21123 2022 Total No INCOME: Donations azKI L¢g¥ie$ 53388 394.133 447,521 208,294 Kome from Other Tradjng Activities 63.654 63.654 59.230 Inv¢stnwit Iocome 1254 1.254 61 Irtcome from charitabk activities 1.958.408 1958.408 1.828,512 TOTAL tNCOME 2.076,704 394,133 2,470.837 2,156,097 Costs of RaisiDg FuDds: Trading Operations 24.799 636 25,435 18.465 Expenditure on Clwitsble Activities 1,770,329 99.596 1.869.925 1,783.645 DonatioDs and Legacie8 Transfer 20 6.000 TOTAL EXPENDITURE 1,795,128 106,232 1.901,360 1.802,110 NET ll¥COME AI¥D NET MOVEMENT LN FUNDS FOR THE YEAR 281.576 287.901 569.477 353,987 RECONCILIATION OF FUNDS 109.159 1.725.404 {109.159) 77,099 Totsl Fuods Brought Fonv¥rd 18.109 1.820.612 1.466,625 TOTAL FUNDS CARIUED FORWARD 2.116,139 255.841 18,109 2,390,089 1,820,612 The state￿￿1 of Financial Activttie8 includes all gaiAs and losw in the year and therefore a slatement of kntal TewgDised gains and 1053es bas not be¢nprwed All incotne attd expettditUTe derivts from¢ontinuing activiti48. The notes onp4ges 23 ¢0 30fopmpgrtofth¢sefvtsnci41 sfatsments Page 21 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH 2023 Note 2023 2022 FIXED ASSETS Tangible Assets 12 1.768..098 .678,008 CIIRRENT ASSETS Stocks Debtors Bank and Cash Balanc&4 13 14 4.816 117.064 619.844 741.724 10,457 301.037 527,540 839.034 CREDITORS. AMouNfs DUE Is 119.733 451.223 NET CURRENT ASSETS 621991 387,811 TOTAL ASSETS LESS CURRENT LtABILrriES 2.390.089 2,065,819 CREDrroRS. AMOUNTS DUE AFTER ONE YEAR 15 245,207 NET ASSETS Unr¢strict¢d Funds Restricted Funds Revaluation Reserve 20 20 20 2.116.139 255.841 18,109 1,725,404 77,099 18.109 TOTAL FUNDS These fuwictal statements have been prepared in accordance with tbe provisiots applicable to cotllpaDseg subjeet to the smail conwies. regime and in accordance with FRS 102 Tr FID￿KAal R¢wrtmg Statthrd appliGabl¢ ID tIL¢ UK èlld Republi¢ of Ireland.. These financial statements were approved by the di￿or8 and authorised for issue on 30th November 2023 and are Signed on their behalf by. T. P. CHIUSP Company Registration NuEDber 02152943 The Molesonp4ges 23 to 30formpart Qfth&fefuu￿crQIS*atsfftellts Page 22 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE STATEMEwf OF CASU FLOWS FOR THE YEAR ENDING 31ST MARCH 2023 Note 2023 2022 Casb generated by operating actlviti 21 845,196 238718 Casb flows from investing aedvities Interest received Pur¢base of tsngible fixed assets 1254 (153.630) 61 (385.8271 Caslt used in investing aCti￿tieS 152,376 385.766 Cash flow$ from activities Repaymeni of borrowiti8s {6LK).516) (29.862) C48h in fu￿ncIng Ktlvities 6(A)516) 29.862 Ittcrease l (decrease) Cash attd cash equivalen in the year 92J04 (176.910) Casb and cash equivalents at 31si Marcb 2022 527,540 704,450 Total eash aDd c#sFA eqwlvaleots at Jlst Mareh 2023 619.844 527,540 The noles onpages 23 th 36lormp4rt olthesefin40ci4lsts￿effteIts Page 23 BLYfH STAR ENfERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources of &8timation UDcertaitity in the preparation of the financial 81atell*tLts are as follows: 8) Basis of Pre ar•tion of FAnattcial Statemettts Cliarities: Ststetnent of Rec0mmM￿ Practsce {appI￿able ￿ cl]arities prepanng their fitmllcial $￿te￿ents in accordathce with the Fitiancial Reporting Stslld￿ applicable in the UK and Republic of Ireland IFRS 102)) (issued iti (ktober 2019) - (C￿￿ltieS SOBF (FRS 102)). the Financial Reportitig Standard applicable in the UK aad Republi¢ of Ireland (FRS 102) the CompaDi¢S Act 2006. BI￿) Star Enteiprises Limtid meets the defiw.tion of a public ttnefit etttiry FRS 102. As￿ts and liabilitie5 r¢ illitially rxogThised at historical cost or tran5xtioD value uDl¢s3 ot1w￿¢ stat￿1 ill tbe relevant accowjling policy note. IILe financial staiezDeots are prepared in sterling, which ts the fuDctioDal ￿￿renCY of the eotity. Monetary aDJouDts in these fillanciai ststemellts are routsled to the lleare￿ £. ardtion •f the Financial stAtett￿nts oll a Gtiill ConcerD Basis The tr￿te¢S Consider that there are DO material uncer￿tieS ab￿rt the Clwrity's ability to CA)ntitJue &5 a going concem. There are no significant judgements or key styjrces of ¢￿1￿￿tion uncertainty that effect the fitwtcial statements. ) kncome All income is r¢cogntsed once thc charity has entitlement to th¢ income, it 18 probabk that th¢ income will be received aDd the OmOUDt of In￿rne ￿e1vab￿ be ylleawed Teliably. The followiog specifi¢ policies are app]ied to padiwlar ￿tegori￿ of iDcome.' Dottatic￿ and grants are reeognised when the charity b2eD ￿)t16ed iti writing of botb the amount and settlement date. In the event that a donation is subject to conth"tiOD5 that require a level of perforniance befott the entitled to tbe tund% the incorne is deferred until eitber those conditions ar¢ fully or the flllfi]ment of those Conditio￿ is wholly Thithin the control of the eI￿lty aud it is probable that those collditiODS be fidfflled in the rqK)rting Peri￿1. Inveslment iWATrm¢ is ]￿luded when r¢c¢ivable. Income from tradiD8 activities is [t￿g￿l$ed as earn Income from ¢haritsble actiTrities is r¢¢ogtiised kn an iThvoice is raised. Page 24 BLYTH STAR ENTERPRISES LtMtTED A COMPANY LIMITED BY GUARAIYTEE NOTES TO THE FINANCIAL STATEMENfS - YEAR ENDED 31ST MARCH 2023 ACCOUNTINC POLICIES (cowinMe4) d) Fulld Ateountin Unrestricted Fuods are fi￿￿5 which are available for use at the dixretion of th¢ trust¢e5 in fithrawe of the general objectives of the Clwity and which have ￿t been d&signated forotkrpurposes. Designated Futxls are funds in rewt of ￿ r￿e1Ved for capithl puw whue the related rjapitsl *5set h&5 been purchased thereby SatIs￿ng the gramt condition. The annual depreciation cbarge on these assets is charged to tbis D¢signated fimds forni part of the Clwitys UnTestrkct&J Restricted Funds ar¢ fi￿(l￿ which are to b¢ ￿￿ed in accordance with specific restrictions imposed by donors or vknich have been raised by the Charity ftsr ptirticular purposes. Th¢ cost of raising and adn)iDisW such fuThl8 are chaoed against the specific fund enditure EXwd1tL￿ is Te¢ogoised ouc¢ tbere is a legal or coostructive obligarion to D)ake a pa￿llent to a third paty, it is probable that settleDrnt be re(iuired the amount of tr obligation ¢an be rneasured Teliably. ExPe￿Ilture is Cla￿Lfied under the folloTring activity heading$: Costs of raisiog fimds comprise the costs of commertial tszthng included iti Day activities alld Woodwort and Nursery a¢tivities. CFJaritable expetidiwe comprises those Costs I￿U￿¢d by the ctrwity iti the delivery of its activities and setvices. It in¢lud¢s both costs that cat) be allocated d1￿CtlY to specific departments alld t1￿¢ Costs of an indirect naNre necessary to suppon th Governa[￿ costs iuclude those costs a550ciatcd with meeting tbe "constitutional aod stattltory requiremettts of the ¢hariry and include audit fees and tosts llljkd ￿ the straiegic u￿Bern¢￿t of the ort Costs Support costs are those functiotL4 that assist in the work of the clwity but do not directly undertake charitable activitie& Support costs include office c(Trsts. finance, payroll and governance costs which support the cbaritys a¢tiviti&s. These costs hav¢ been included within expelld1ts￿e on ¢baTitabl¢ activiti&%. ible Fixed Assets aDd R¢strict¢d Funds Blyth Star Enterpris¢s Littlited rnay rEceiv¢ grdttts that can 0￿Y b¢ ￿ed for expenditwe on fixed a55ets. Th¢ directors cottsider that the following policies are required to sttisfy their obligations under Company and c￿￿1￿ble LAw:_ Expeoth'ture on the fixed asset is capitsli%d The fix￿ ass¢¢ beiD8 d¢preciated over its y￿fi onomic lifr io accordance with the accouotillg policy. Grants rx¢iv¢d SFrfifically kn fuwnce the eX￿nditUre are credii¢d to a restrict￿ fund and are traosferred to unrestricted r&5erves when th¢ grant b&s beell spent and the r¢stri¢ts"ott no longer applies. Pag¢ 25 BLYfH STAR EwfERPIUSES LIMrrED A COMPAI¥Y LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 ACCOUNTING POLICIES (COniiA¥ed) h) Ton 'ble Fixed Assels AU fLx¢d assets are initially recorded at co￿, and sub5cq￿t1Y ststed at cost Icss any acwlnulated depTe¢iation D￿reCIatiOn is ¢al¢ulated to write off the cost of fixed &4sets over the expected bves of the a85¢ts concerned The prin¢ipal aonual rates for this pu￿$4 which arr ¢oosi5tent those of the previous year, are... Motor V¢hi¢l&% 25 Jucing balat￿e PlarLt and Equipment 20r25 T&lu¢ing ba]ance Plant and Equipn*Dt 6.67110 Stiaight line Fixtujrs aod Fittlngs 25 Fr¢¢kLold Propety straight liry¢ fi) St4xks Stocks #re valued at tbe loi*r of cott and Det realisable valJJe. Provision is n)ad< where lltte&8￿. for obsolete and Slow moving items. i) Debtors TTade and other debiors are r￿0g￿sed at the settlement amountdue after any trade discoullt offereLi Prepayments ar¢ valutsl at the amoU￿p[cpald. k) ash at Bank 8nd Hand Cash ai bank and in band cotnprises fiwds trLeld in the charity bank current and deposit accounts alld peity caslL i) reditors Pro Creditors are reLogDiwJ where the clwity has a preseDt obligatsoll rewlting from a past event that will probably result iu the transfer of tuuds to a third party the amoullt due to settle tbe Obl￿￿10n can be measured or estimated reliably. Crutitors are norjnally rtCO8rrisoI at tbeir settietneni amouot after allowing for any trade th"scount received. eratttt I￿aSe$ Renthls payabk under operalitig leases, includiog any lew io¢eulives rec¢ived. aTe Charged to iJ¢ome on a straight lille basis over the term of the relevani le&8e except wbere another more s￿l¢Matic basis ts mo representstive of the lime pattern in whichetoN)mic beoefits frottt the lease asset are coLwm Page 26 BLYTH STAR ENTERPIUSES LIMrrED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 iJNTING (eontsRy¢d) ll) Der ontribution P nsion Pl*ns Contributions to defined ￿￿tributiOn peosion pIans are rw as an expetsse iti the period in which the related 8etvi¢e is provtded Prepaid coath￿utiOnS are r￿ognised as an asset to the extent that the PTepawt will lead to a rthluciion io futute paylli￿ts or a casb refimd o) FIDanel81 tnstrnmettts ' A financial a85et or liability is recogniscd only whcn the entity bccotnGs a pty ￿ the contrnetthal pmTrisions of the B&sic fi0￿cial irstrurn￿ are initially reeogwsed at the trall￿tiOn price. ullkss th¢ arrangement ¢oDststutes a finaneitig transactio￿ wlLer¢ it is recogwsed at the present valu¢ of the futs]tt payin¢nts diseounted at a market rdte of ititerest for a sitnilar debt iLstrU￿L Debt iL%truTDettts are suknlueDtlymeas￿ at all￿rt￿ed cost. LEGAL TATUS Blyth Stsr Ente￿riseS Iimited is a private conwany limited byguarontee and as 3u¢b bas no Share ¢apitst. In the event of the clwitsble rompatsy beitig woutyj up, th¢ Tntsttts would be ryuired to wntribute an atnounl t￿t exceedmg £10. TIONS AND 202J Total 2022 Unrestriet L)on&tiOnS.' Residential service￿1vIllg Support Day Activiti&% and Woodwork Nur8ery Central Services Miscellalleou$ Projects 180 58 1,652 50,878 io 50.888 50.878 io 50.888 1,990 GrantsReceivoble." 2.5C(I 394.133 396,033 266.304 TOTAL INCOME 53.388 394.133 447.521 268.294 In accordattce with FRS 102 alld the awities SOP￿ (FRS 102). the ecollomic conknl)ution of gener￿ volunteers i8 not recognised in the finattiai ststell￿ Page 27 BL￿H STAR ENTERPRISES LIMITED A COIIIPANY LIMITED BY GUARANTEE NOTES TO THE FINANc￿L STATEMENTS - YEAR ENDED 31ST MARCH 2023 DONATIONS Al￿ LEGACIES (CLWtint*d) Th¢ cljarity w&$ vcrygrnt¢fid to receive the followitig grants during the year. Jill Frankliti Clwitable Tn￿¢ The Joseph Frazer Strong Trust The Mel Weir Charitsbk TnLSt CRASH Cbariry NortlLUtnberland Cowkty cou￿11. Community Chest Scheme The Edward Gostting Foutldation Tkne Edward Gostling Foundats"o 36.0(KJ 2.000 500 15.000 3,133 250,000 90.000 396.633 2023 Total 2022 otal ore4trlcted Restric In¢orne Derivedfrom CoMmerei41 OperAhoM5.' Day Activities and WocKiwork Nursery 9.471 54,183 9.471 54,183 11,816 47.414 63,654 63,654 59.230 INVESTMENT L4COME 2023 Total 2022 Total Unrestricted Restricted Bonk In¢erutReceived.. 1254 1,254 61 Page 28 BLYTH STAR ENTERPIUSES LIMITED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINAIYCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 6 INCOME FROM CHAJiifABLE Acnvrr]Fs 2023 Totsl 2022 Total Unrestrieted Restrieted PROVISIOIY OF CLIEIYT SERVICES Car¢ M¢¥Mgeme#i.' Residential Setvi¢e4Livll)g Support Day Activities and Woodwork Nursery Central Mtscellaneous Projects 1,461,389 147,972 169.060 1,46lJ89 147.972 169.Ofl) 1.300,608 209,393 154.613 660 55.013 42.479 42.479 Rents ¢TndHousiThg Ren¢f¢L" ResideDtial Service/LiviDg Support 135.497 135.497 107,249 1,956.397 .956.397 1.827.536 OTHER cL￿T RELATED ll¥COME Charyej Income.. Central Servi Studertts.. Resideniial ServicwLivm8 Support Miscell¢meo￿l1cOthe." Day Activities and WOOd￿￿[k Nursery Celltrai Services 545 545 662 40 250 ,155 21 250 1,155 21 17 197 2.011 2,011 976 TOTAL f4COME 1,958.408 ,958,408 1,828,512 7 COST OF RAISINC FUNDS. TRADING OPERATIONS 2023 Total 2022 Total Uttre5trieted Re5trieted D4yAc¢ivilie$ Iyoodwork. Opening Stock 6.054 1.949 6.054 2,585 636 12.482 (6.054) CEosing Stock 8.003 636 8.639 6.428 Niirsery.. Opening SiLKk 3.503 17209 (3.916) 3.503 17.209 {3.916) 2,750 12.790 (3,503) Closing Stock 16.796 12.037 TOTAL COST OF IIAISING FUNDS 24.799 636 25,435 18,465 PANV LIMrrnJTrBY ¥J62 1.762 JD IM &75 uij JJJ 11 1?.74 >.1 137Jig 14t 4b5 15. 1*5 7Jll 7.ij 9.4DI JYJ 243 143 551 Iwi .rn 2W) $7m2 3IL.XI Pa8e 30 BLYfH STAR ENfERPRISES LIMrrED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEiYfs - YEAR ENDED 31ST MARCH 2023 NET INCOME FOR THE YEAR TtLiS 15 $t#ted #fter ch*rging: 2023 2022 otal Audit DepT￿lati1)ll Operating I¢￿e costs.. Motor vehicles PIoperty Telephone equipment 6,560 62.921 6.250 57.052 66,981 45,916 1,490 74.066 49,053 1.490 10 ANALYSIS OF STAFF COSTS TRUSTEE REMtSNEBATtON AND EXPEP4SES AI¥D THE OST OF KEY MANAGEMENT PERSONNEL 2023 Tot# 2022 Uurestricted tricted Residelltial Service Day Activities and WoL¥lwork Nurseries C¢ntral S¢Trices Other Projects 671,410 65297 143.383 282,910 58,095 37.500 32,534 28.121 708.910 97,831 171.504 282.910 58.095 574,393 115,013 147,873 305.775 87.827 1221,095 98.155 1.319.250 1.230.881 Staff Costs include". Etnployers National twuran¢e ¢0sts of £105,131 (2022.. £87,817) 4 defmed contributson P¢nSiOD ¢harge of £2l.546 (2022: £21,385). One member of stsff rxeived emolunmits inexce8s of £60.000 (2022: 1). T. P. c￿l$p received remuneratio￿ A￿lUdIng p¢rJsion contnbutsoD$ 2nd trav¢1 expenses. of £81.1Tr10 {2022.. £74,491) for bis setvices ￿ FItw￿e D1rectorrrr￿. No remu1wdtio￿ direetly or indi￿tly, paid or payable. fmm the fi￿d$ of the Cbarity to any of its other dirECt0rYJts￿3tX% during tb¢ year. Other than T. P. Chnsp, no Charity TnL5tc￿ were paid or rtteived any other benefits from ¢mployinent with the diaTity in the year (2022.. £Ni2) D¢ith¢r ￿TTe th¢y reimbursed expeo8es duriD8 th¢ y¢aT (2022.. £Nil). The key maDagem¢ot personnel of the Charity compri%e tbe tr￿$t*s, the cbief executive. Ms S. DixoE4 the fioBnce dir¢¢torlcbairman. T. P. Chnsp, and a co￿￿tan￿ G. Moore MBE. The tot81 ¢mploye¢ benefits of the key anagwn¢nt personael were £165,018 (2022.. £162.575). AI STAFFN ERS The avernge Dumber of etDployees thJriDg the yearwas as follo￿. 2023 .Nurnber 2022 Number Accommodatio Workshops and Day Ser￿s C¢ntral Services 39 15 34 16 61 58 Page31 BLYfH STAR ENfERPRISES LI￿ffrED A COMPANY LIMITED BY GUAIL4NTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR EM)ED 31ST MARCH 2023 12 TAN IBLE FIXED ASSETS Fre¢hold Pro Fixtures & Fittin Plant & ul Vehieles COST At l$t April 2022 Additions Disposa]s 1,525.996 139.560 106.266 22.112 506,396 14,070 (954) 2,160,770 153.630 1954) At 31si March 2023 1,665,556 106.266 22.112 519.512 2.313,446 DEPRECIATION 1.525.996 106,266 22.112 506.396 2,160.770 At 1st April 2022 Cbtrg¢ for year DisposaL8 68.054 16205 58.116 12,037 12,662 2.369 343.930 32,760 (785) 482.762 63J71 {785) Ai 31st Ma￿h 2023 84259 70.153 15.031 375,905 545J48 NET BOOK VALUE Ai 31st Ma￿h 2023 1.581297 36.113 7,081 143.607 1,768.098 At 31st March 2022 1,457,942 48.150 9.450 162,466 1.678.008 13 STOC 2023 2022 Nursery Woodw)rk Old Chandlery 3916 3.503 6,054 900 900 4,816 10,457 14 DEBTORS 2023 2022 Trade Debtots Prepayments and Accnui I￿0￿C The WoryJfv¢l Centr¢ CIC Blyth Stsr Catrritig Stivices CIC 41.537 48,496 27.03 1 194,627 61.047 44,854 509 117,064 301.037 Page 32 BLYTH STAR ENTERPRISES LIMITED A COMPANY LNITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 15 CREDrroRS 202 022 Amounts du¢ witlthi year:_ Mortgage Bank IA)ans Trade Creditors Accruals and Defefftd Income Other Creditors PAYE and NIC Valu¢ Added Tax 19,000 336,309 34.176 37.882 476 22.410 970 17.886 95,899 195 5.384 369 119,733 451,223 AmouDiS due 8fter ODe alld within two years:_ Mortga8e Batfft tnans 19.500 19.500 Amounts due after hvo aDd five year8."- Mortgage 61.500 61.500 Amount$ du¢ aftsr fiye yvdrs:. Mortgage Bank Loats5 164,207 245,207 16 COMMrrMENTS UNDER OPEBATllYG LEASES The total Mini￿ lease payroettts uoder nOn•￿￿lIable opualing leastt are as follows.. 211 2022 Not later than one year JAt¢T than l year and not later than 5 yea IAter thall 5 years IOS.060 87,120 103.997 106.567 11,857 192 180 222."421 Page 33 BL YfH STAR ENTERPIUSES L[￿TED A COTrtPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 17 TAXATION As a Cbarity, B1￿h Stsr Ente￿riSeS Limited is ex¢mpt from tax 00 and yins falling within sectioo 505 of the Taxes A¢t 1988 or ￿tion 256 of the Taxation of Cb?￿eabLe GaitLS Act 1992 10 tbe extent that the8e are apph'cd to its clwitabk obj￿ts. No tax cba¢y baye arisell ID the Clthtyty. 18 ALYSIS OF NET ASSETS Unr¢5trict Total Tan8ible Ftxed Assets Current Assets Curreot Lwbilities 1,768.098 485.883 (119.733) 1.768,098 741,724 (119,733) 255,841 2.134.248 255.841 2,390.089 ANALYSIS OF NET ASSETS. PREVIOUS YEAR Unrestrleted Restrleted Toial Tallgible Fixed knets Current Assets Current Liabilitic5 Non Cumt Liabilities 1.678.tK18 761.935 (337,449) (358.981) 1.678.008 839.034 (337,449) (358.98l) 77.099 1.743,513 77,099 1,820,612 19 AUD￿oRs REMUNERATION 2023 2022 Auditors RemutKrati As Auditors 6.560 13,520 2.616 6,250 13.425 834 Pa)Toll aod P¢Dsion SeTrices 22.696 20,509 Page 34 BLYTH STAR ENfERPRISES LIMtrED A COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 20 STATEMENT OF FUNDS B8lxDee Jl$t Marcb 2023 l$tA 2022 Tr#nsfer5 Income Ullrestrlcted Funds: General 1.725,404 109.159 2.076.704 {1.795.128} 2.116,139 Revaluatloll Reserve 18.109 18.109 Restricted Funds: Cqpithl Gr4nts ThtRW Mann Ch•itableTrnst EDF Offshore Windfarrn Tntst Thc Bathur Foundarion The Evan Comish Fi)u]thion The Sthroder Charitable TnE# CRASH Charity Jill Frthiin CharitableTnJ The Edward Gostlirt8 FOl￿datiOn NorthuTnberland c￿ntyCourt¢l1- Commurtity Chest Sch&ne Th¢ EC GTaham Belford Ch*itsble Settiemtrtt (i.crf)o) (610) 610 10.0 10,o(*) 303 10,000 io.(x)o (303) {15,0(￿) (3,466) {90.000) 15,OCK) 3,466 3.133 3.133 {5.OCKI) 26.913 115,379 111.599 23.133 Restrieted Fund¥: Revenw Gp4nts The Cfrop Cottununity Found￿10n The D'oyly Carte Choritsbl¢Tn]st The Hadrian Tru Natiortwide Buildi08 Sttidy 855 871 I.OL (855) (871) (1.000) 17.708 10.0 (12,500) (10,000) (5,000) {6.000) {1,250) 5.208 The Bcmard Sunley Fwidats"on The Ridley Fatnily Sdtlttrtht The William Ltach Foundation The RothleyTn]st The William Websttr Cknitable Trust The David Solcthon5 Charitable Trnst The Cotnmunity Fourtdation Ringtohs Fund The Sobell Fourtdation The Edword G05tJing Foundati Jill Franklin Charitable Tnjst Thc SchToderthaTithblrTntst 1.250 (3.000) (1.oc￿) {1.002) 2.500 2.500 225,(K)O 250,CKM) 32.534 (25.000) (32.534) {220) 220 50.186 220 282.534 100.232 232,708 1.820.612 (6.000) 2.470,837 (1,895,300) 2,390,OP Page 35 BLYfH STAR ENTERPIUSES LIMfrED A COMPANY LIMrtED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCH 2023 20 STATEMENT OF FUNDS IcyAtiA¥*4) Capital Grants Tr4Dsfer Grants of £6.(K)O received the 2022 fiDancial year in respect of th¢ pU￿base of an Eco have been traosferred to The Wix)¢Jfi2el Celltre CIC. a compaDy colltrolkAJ by Blyth Stsr Enterpises Limited, in which Cotnpany the acquisition bas been ll￿de. Unrestritted Funds These are fimds which the tr￿Stee$ are free to we in accordance with the charitls objectives. Revaluation Reserve ThL'8 represents the SU￿1￿ behveen the original cost of ￿ Old Cbandlery fr¢¢hold prop¢ty and the professional valuation in 2011 which w&% used as the pmpertYs deemed cost ort tsattsition to FRS 102. Restrltted Funds These aR given for partlcu1arputp)￿ and projects and are as follows.. Coptial Gr4nts The RW Manll Ctrthn"thble TnLSt Moni&% re￿iVed ￿ acquir¢ an eco shed. EDF Offshore WU￿f?￿ TnLSt Moni45 re¢¢iv¢d to acquire Roots to Rttovery equipmenL The Barbtsur Foundation MO￿leS rtrxived to support residetttial apartments build. The Evan Cornish Foulldats"on Monies rett1￿j ￿ acquire Roots to Recovery vehicle. The Schroder CharJ"table Tn Monie5 received to acquire Roots ¢0 Recovery equipment. CRASH Charkty Moni¢s revived to ¢rtate ￿SIde￿lia1 apartJDents. Jill Franktiti Charitable Tn￿t Monxes received to acouite catering equipmenL The Edward Gosding Foundation Gift of 55 W(KMlbine Terwe, Bl￿b, Nortbwllberland Nonhumberlalld County Coun¢il - G)mmuDity Moni¢5 re¢¢ived to create buildjng ext¢n5ion. Chest S¢hern¢ The EC Graharn Belford Clwitsble Settlement Monies T￿￿1Ved to acquire Roots to Recovery equipment. Revenue Grunts The Co-op Comn)uwty Foundation The D'oyly Carte Charitable T￿￿1 The Htithiall Tntst Nationwide Buildtn8 Souety CorllmutLityGraDts The Bernard Sunley Foundation Th¢ Ridley Fatnily Settlement The Williatll txacEL Foulldaiioti The Rothley Tn Th¢ William Webster Cbaiitable Tn￿t The David SolomoL8 Chan"table Tn￿t The Community FouDd&tion Rmgtow Fund The Sobell Fou]Ldation The Edward fjostiitlg FOUndat￿rt Jill Fradin Charitable Trust The Scbroder Charitsble T￿￿1 Monies reeeived to support Lionhearts project costs. Moniu received to support Next Steps costs. Monies received to wpon Roots to Recovery ¢08ts. Monic5 rtteiveJ to supwt +#nployinenl of a tthartcy mana8¢r. Motiies r￿1Ve0 w support Roots to Recovery costs. Monies received to support Roots to Recovery COSL4. Monie5 received to wpport Roots to R￿0Very ¢05ts. Mooies received w support Roots to Recovery costs. Motiies rettived to wport Roots to Recovery costs. Monies received to Suppott RcK)ts to Re¢overy costs. Morries received to wpport Covid 19 project costs. molli￿ received lo support ¢mploymmt of a support worker. MoDies rec¢tved to Support Liviog Support services. Monies rrLeived to support day activities. Monies received to bwpport Roots lo R￿0Very ¢05ts. Transfer Betweeo Funds £109,159 of restricied reserv&s has been SF*nt on capitsi expetidillwe dwing the year and a transfer bag been ll￿de to unrestricted r&Ser￿ &5 th¢ restrictioo DO IoDg¢r applies. Page 36 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMrrED BY GUARAiYfEE NOTES TO THE FINANCIAL STATEMENTS - YEAR ENDED 31ST MARCU 2023 21 REcof4ciLIATION OF MOVEMENT IN FUNDS TO NET CASH FROM OPERATllYG ACTIVITIES 2023 Net Movement in Fut DeprecRation Loss on DIS￿1$#1 of Assets tllterest Income Decreasel(Increase) in St￿k Decreasel(Increa5e) in D¢btor8 Ill￿e43¢ in Credilor8 569.477 63,371 169 {1,254) 5,641 183,973 23.819 353,987 57,052 (61) (6,806) (188,968) 23,514 845,196 238.718 22 DIREcfoRS' TRANsAcfioNS AND RELATED PARTY TIIANSACTIONS T.P Chnsp 13 also a director of the Woodfi￿1 Ccntse CIC. OD 1st July 2022 tb¢ trading activities of the Woodwork Depart￿ wv¢ tratL5feTred to The Woodfi*l Centre CIC. Both operations now th plx¢ OD the same site allowing gr¢&i¢r SyD¢rgy and c￿￿tiV¢ne8￿ of th¢tr a¢tiviti¢$. In th¢ year 10 31$t Marcb 2023. Blyth Stsr Ente￿[1$¢& Limit&l rtceived a nthttagement charg¢ of £545 (2022.. £662) and a donation of £50,(X)0 (2022.. £Nil) frojn The Wi)odfi*l Centre CIC alld poid to Th¢ Woodfuel Centr¢ CIC a contribution of £1.635 tovrdrds overbeads iti respect of the WoodTrvork Department (2022.. £6.540}. Grants received of £6.000 in respect of the coL8ttuciion of an Eco Shed at tbe Wocthl Centre were tr8Dsfered w The WoodfiKI Celltte CIC during the year. At 315t March 2023 Thc w￿d￿e] Centre CIC Oryhtd £27.031 (2022: £A4,854) to Blyth Star Ent¢rprises LiEDited ¥nd thi$ is $hown in yEttr eod debtors. Blyth Sthr Enteryris¢s Limited coniitiue to pmvid¢ admimtive support free of cbarge to The Woodfuel Centre CIC. T. P. Chrisp ts also a dIrec￿r of BI￿ Stsr Catering Seryices CJC. Ai 3 Is¢ March 2023, Blyth Star Enterprises Limited were owed £Nil (2022: £509) by Blyth Stsr Cateritig Seryices CIC. thying the year Blyth Star Catering servic￿ CIC nllde a doDatiOll of £65512022: £Nil) to Blvth Star EttterDrises Linu.￿d. No ots tranwtiQn$ T￿th T¢lat¢d parties were undtttaken such as atE required to be dI￿lO￿a uod¢r th¢ Fillwial ReportiDg Standard applicabl¢ in the UK and Republic of Ir¢lattd (FRS 102). 23 ULTIMATE CONTROLLING PARTY In the opinioa of the Tn￿lets. is no ultimate Controlling paty of the clwity other than the Board itsel£ 24 EVENTS AFTER THE TATEMEKf OF FtNANCIAL posrrIoN DATE After the year end the Charity w&$ subje£t to a complex c￿r fraud This led to seven fraudulent traosfeE5, amounting to £127,756. being taken from one of the charitys bank accounL4 on 22Dd August 2023. To date. £64.822 ba$ been rtturned to the charity. The bank aod the charity continu¢ to closely and it is the TnLStees opinion tbat the remaining monies will be Teturnejj to the chan.ry in due course. Page 37 BLYfll STAR ENTERPRISES LIMITED A COMPANY LI￿[[rED BY GUARANfEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR EI4DED 31ST IWiCH 2023 SUMMARY OF INCOME AL￿ EXPENDITURE ACCOUNTS Pa 2023 2022 RESIDENTIAL SERVIC￿1VING SUPPORT 38 627,972 585.350 DAY ACTIVITtES AND WOODWORK 39 36.381 36,306 NURSERY PROJECT 4,183 1.189 CENTRAL SERVICES 41 (318,759) (402.830) MISCELLANEOUS PROJECTS 42 (35.085) 473 314,692 220,488 RECONCtLIATION OF NET MOVEMENT IN FUNDS AF4D INCOME AND EXPENDrruRE ACCOUNTS 2023 2022 INCOME AfiD EXPENDITI]RE ACCOUNT SURPLUS FOR YEAR 314.692 220.488 REVENUE GRANTS RELEASED TO INCOME AND EXPENDITURE ACCOU {IW232) {100,498) CAPITAL GRANTS RELEASED TO INCOME AIYD EXPENDTfuRE ACCOU (33,116) (32,307) GRANTS RECEIVED 394,133 266J04 GR￿Ts TRANSFERRED (6,000) NET MOVEMEI¥T FUNDS IN YEAR 569.477 353,987 Page 38 BLYfH STAR EIYTERPIUSES LIMtTED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPEND￿uRE YEAR ENDED 31ST frfARCH 2023 RESIDENTIAL SERVICEILIVINC SUPPORT 21123 2021 INCOME PrOV￿lon of C7ieniServices Care Manag¢tD¢nt Housing Benefit 1.461,389 135.497 1.300,608 107.249 Otherlneome." Donations and Gift Aid Grant Rele&se from Grallt Re5erye S￿dellts 180 10,740 37,51 4.906 100 1.418.877 1.639.332 XPENDITURE Wages Staff PensioD Recruitttjent Expenses Activity Group Celebrations CleaDiDg Materi8ls Entertaulll Social Trainillg Escort Trainittg R¢gist¢red Landlord Fx5 Food Provisions Rent aud Rates Heat and Ligbi Motor al￿ Travel ExpeT)ses Advertising Prillting Postage and Ststiollery Telephone TV Costs Repairs and Renewals Equipment Hire a￿d MaiDt¢DarK¢ 697.649 11.261 564,752 9,641 919 71 486 2,513 55 3.140 7,949 22 2.804 5.572 1.338 15.660 11,028 25.562 17J52 124J28 8.636 23,223 11.729 116,014 722 1.936 7,315 3.495 7.529 352 23,615 4,808 19.131 19,821 240 17,802 1.342 16,363 30.201 1,996 976 5.581 Mortgage amd Loao Interest Professional Fees Health and Safrty Depreciation Loss on Disposal of Assets Sundry Expewcs 16.206 169 165 1.011.360 833,527 SURPLUS FOR YEAR 627.972 585,350 Page 39 BLYfH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPENDrruRE YEAR ENDED 31ST MARCH 2023 DAY ACTIvfTIES AND WOODWORK Day Activiti W odwork Total 2022 T114DING IN Sales Ctsst of Sales Net Trading {knyProfit 4,308 7,356 (3.048) 5.163 1283 3,880 9.471 ,639 832 11.816 6,428 5,388 OTHER INCOhIE Grdnts Release from Grant Rsserve Donations Sundry In¢orn¢ Care Management 33.170 1.679 33,170 1,679 1.756 1,303 loo 17 209,393 250 128.851 250 147972 19.121 16,073 167,830 183,903 217,957 EXPEf4DrruiiE Wages Staff Pensions Recruitment Exp¢n8es Celebrations Cleallillg Materials Protective Clothm8 Training Food alld Provisions Rent al￿ Rates Management Charge Heat and L￿hl Motor and Travcl Experwes Printing Postage and Ststionery Telephone and tnternet TV Costs RepaiTS and Renewals Equipm¢nt Hire and Mailltetwice Consultattcy. L£gal and Professional Fx5 ltLsufdnce Subscriptions Health aDd Safety Sundries Bad Debts Depre£iation 90.408 1,302 195 96.410 1,421 243 113.202 1,811 197 113 825 277 209 5.141 22.424 6.540 8.548 8,141 1.162 2,165 168 4.552 1,198 Il9 48 779 l25 666 4.673 22J08 779 125 666 4.694 22,508 .635 5,358 1,913 986 1,738 347 2.314 i.(M)i 105 2,985 559 17 39 21 1.635 5J58 1,913 986 1594 347 855 893 105 1360 559 17 39 144 1,459 108 1.625 3.778 209 183 52 756 1.679 1.679 13,074 134,448 147.522 181.651 SIJRPLUS FOR YEAR 33.382 36,381 36.306 P4ge40 BLYTH STAR ENTERPIUSES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANALYSIS OF INCOME AND EXPEIWTfuRE YEAR ENDED 31ST TrIARCH 2023 STAKEFORD NURSERIES PROJECT zozj 2022 Sales 54.183 47.414 COST OF SALES Openht)8 StrKk 3.503 17209 20,712 3916 1750 12.790 15.540 Clositig Stock 16.796 37,387 12.037 35,377 THER INC Donations and Gift Aid Grants Relwe frotrj Grwt R¢s¢rve Sundry Incoo 58 16.797 21850 28J41 18,728 1.155 169.060 154.613 217,284 254.671 194,318 229.695 EXPEPIDITURE Wag¢5 Staff P¢rtsi Recruirnient Expeos C¢lcbratiot15 AdivityGroup Cleanin8 Materials Protective Clothing 168.662 2.842 143 234 52 4.126 1,385 1248 145,263 2,610 l.l39 3J29 1.146 549 591 04 1350 15.731 160 Food Provisions Reni and Rates ' Heat and Light Motor and Travd ExpeDse5 Advertising and Protro)ti(YL5 Printing Pothg¢ aTtd StstiODery Telephone TV Costs Kepairs and ReDewais Equipment Hire atMI MainteDance ConsultsJL¢y. Legal and Professional Ftts 1.436 3.180 16.982 190 298 l.585 159 5.740 4,292 1221 J59 11.503 914 445 5,029 l J53 634 189 5241 1.142 627 Subs¢riptiOTIS Bank Charges & Intert H¢a]tlL attd Safrty Sundrie8 Bad Debts Depre¢iatioD Irr¢¢ov¢Tabl¢ Illput Vat 206 {91 24.778 21.610 7.815 250.488 228,506 1,189 SURPLUS FOR YEAR 4.183 P#g¢ 41 BLYfH STAR ENTERPIUSES LIMITED A COMPANY LIM￿ED BY GUA114NfEE DETAILED ANALYSIS OF INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2023 CENfRAL SERVICES 21Jll 2112 COME Salas Other Imcome.. MaDagement Charges Care MaJ)agement Grants Rele&se from Grant Reserve Donations and Gift Aid Miscellaneous tn¢ome Ballk Int¢rest Received 545 662 660 2.500 7.803 50,878 21 54 63,(X)I 8.154 1,652 197 61 11,386 EXPENDIT Wages Staff Pettsion Recruitlneni ExpcDses Cleaning Mat¢riats Prote¢tive Clothwg Celebrations Trdining Enterraitwig Food and Provisiolls Rent, Rates attd Wa Room Hire Motor and Travel Expenses . Partnership Working Advertising aod Promotions Printing Postage attd Stationery Telephon¢ and Intern¢t Audit and Accoulltancy Consul¢an¢y, L¢gal aud PrOfe￿i011a1 Fees Repaits and Renewajs Equiplneni Hire and Maititenartce 277,695 5.215 25 14 37 4.698 393 63 86 12J96 493 1.598 3(K) 1.954 2.237 2,165 21.570 6.339 4,061 525 733 301 1.625 342 148 23.876 12,871 299,404 6J71 12 97 3.456 694 113 13.811 6.165 3CIJ 858 3293 2,120 20,509 6,407 5,892 910 410 1,532 30 26 26,693 15.014 Subscriptions Bank C￿￿￿e5 and Tmterest Health and Safety Suodry Expet)ses Depreciation Irrecoverable tttpui Vat 381.760 414.216 DEFICIT FOR YEAR (318.759) (402,830) Pag¢ 42 BLYTH STAR ENTERPRISES LIMITED A COMPANY LIMITED BY GUARANTEE DETAILED ANAL YSIS OF. INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2023 MISCELLANEOUS PROJECTS LioDh¢art Berwick 2023 2022 OTHER JTrICOME Care Management Grants Donations 42,479 1221 io 42,479 1.221 10 55,013 71,205 126 218 Wages Staff PetisÈolls Staff Gifts Re¢Nitment Expenses CousuTllable$ Social TraI0￿g Escort Trainillg Food and Provisions Celebrdtions Activity Group Cleaniug Materia Motor and Travellmg Posrage alld Stationery Telephone Repairs and ReD¢wals Equiptllent Hire and Maintenance Health & Safety 57288 57.288 807 86.875 952 3,0 99 91 348 134 1.091 36 5294 16 12.010 123 861 435 162 99 91 348 134 3,462 1,291 36 5,294 16 12.010 123 861 435 162 11,138 28 15.768 20 849 312 2,000 125.745 78.795 (DEFICIT) I SURPLUS FOR YEAR 35,085) (35,085) 473