## ## ## ## |Annual report for the year ended 31March 2021.||| |---|---|---| |Independent
Auditors'
Report to the Members ofCommunity
Foundation|serving Tyne & Wear and|| |Noithumberland.||.13| |Consolidated
statement offinancial activities for the year ended 31March|2021.................................|.... 17| |Consolidated
income and expenditure
account for the year ended 31 March 2021...............................||.... 18| |Balance sheets as at 31 March 2021||. 19| |Consolidated
cash flow statement
for the year ended 31 March 2021,||.20| |Notes to the financial
statements
for the year ended 31 March 2021||.2 1| ## ## ## ## ## ## ## ## ## ## ## |Fiona Cruickshank
OBE —Chair||||(G,F&A)| |---|---|---|---|---| |elected November 2011,resigned October 2020,||appointed|December 2020|| |Geoffrey Hodgson —Deputy Chair
co-opted June 2013, elected October 2013
Paul Farquhar
-Treasurer||||(G,F&A)
(G,F&A, lnv)| |co-opted March 2018||||| |Jill Baker||||| |co-opted June 2019||||| |Anna, Lady Blackett||||(Inv)| |co-opted December 2015||||| |Michael Brodie||||| |co-opted February 2020||||| |Robin Fry||||| |appointed
December 2020||||| |Andrew Haigh||||(lnv)| |elected December 2016||||| |Claire Malcolm||||(G,F&A)| |co-opted March 2019||||| |Patrick Melia||||(Inv)| |appointed
December 2016to represent|statutory|authorities||| |Laura Warwick||||| |appointed November 2018||||| |Neil Warwick OBE||||(lnv)| |co-opted December 2015, elected November 2016||||| |Lucy Winskell OBE||||(G,F&A)| |elected December 2016||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |00.In total 621 organisations
and 80 individuals
were sup
kdown
by fund type.|ported.
The table below sh|ows the| |---|---|---| |Fund type|No ofgrants|Total awards| |Individual
and family
funds
Corporate
funds
Charity and trust funds
Collective funds|342
260
464
187|1,472,917
962,395
2,729,316
478,968| |Projects and partnership
funds
Agency funds (benetiting
a named organisation)
Total grants awarded
by the full Group|53
25
1,331|690,187
883,200
7416,983| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |KEYPERFORMANCE
INDICATORS||2020-25 TARiGET| |---|---|---| |Total endowment
value||,'X105nT| |Rolling average annual gifts to endowment
Annual
gifts to revenue
and programme
funds||= =.g3.0m
" 'f2:6m.| |Percentage oftotal grants from endowment|funds|90%| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |r the year ended|31M|arch|2021||||| |---|---|---|---|---|---|---|---| |||Note|Unrestricted
funds|Restricted
funds|Endowment
funds|Total
2021|Total
2020| |Income and endowments|from:||||||| |Donations
and legacies
corn|||1,127,564|3,575,718|3,776,143|8,479,425|7,695,759| |Charitable
activities|||54,458|||54,458|52,300| |Other trading
activities|||2,000|||2,000|8,500| |Investment
income|||909,579|1,017,030||1,926,609|2,295,650| |Total in
e and en do|wm ents||2,093,601|4,592,748|3,776,143|10,462,492|10,052,209| |Expenditure
on:|||||||| |Raising funds||7|218,100|||218,100|274,853| |Investment
management|costs||||236,905|236,905|254,181| |Charitable
activities||8|2,537,595|5,503,897||8,041,492|7,589,581| |Total expenditure|||2,755,695|5,503,897|236,905|8,496,497|8,118,615| |Net (losses)/gains
on
investments||||(167,294)|16,708,410|16,541,116|(7,485,414)| |Net (loss)/income|||(662,094)|(1,078,443)|20,247,648|18,507,111|(5,551,820)| |Transfers between
funds|||1,556,188|],189,144|(2,745,332)||| |Net movement
in funds|||894,094|110,701|17,502,316|18,507,111|(5,551,820)| |Reconciliation
offunds:|||||||| |Total funds brought
forward|||2,270,118|5,371,622|75,904,379|83,546,119|89,097,939| |Total funds carried forward|||3,164,212|5,482,323|93,406,695|102,053,230|83,546, 119| ## ## |||||Note|2021|2020| |---|---|---|---|---|---|---| |Income - continuing|operations|||||| |Donations
and legacies|||||4,703,282|2,766,278| |Charitable
activities|||||54,458|52,300| |Other trading
activities|||||2,000|8,500| |Investment
income||||5|1,926,609|2,295,650| ||||||6,686,349|5,122,728| |Expenditure
- continuing||operations||||| |Grants|||||7,144,993|6,549,097| |Staffcosts|||||875,602|908,826| |Other costs|||||238,997|406,511| ||||||8,259,592|7,864,434| |Net loss on investments|||||(167,294)|(115,597)| |Net loss for the year|before transfers||and taxation||(1,740,537)|(2,857,303)| |Transfer fiom endowment||fund|||2,745,332|2,639,453| |Taxation||||||| |Net surplus/(deficit)|for|the year|||1,004,795|(217,850)| ## ## ||||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---|---| |||||Note|2021|2020|2021|2020| |Fixed assets||||||||| |Endowment|fund investments|||10|90,411,682|75,706,413|87,436,491|73,340,329| |Programme|related and other|||10|797,914|845,266|798,014|845,366| |investments||||||||| |Tangible
assets|||||699,816|727,795|699,816|727,795| |Total fixed|assets||||91,909,412|77,279,474|88,934,321|74,913,490| |Current
assets||||||||| |Debtors||||12|2,946,862|77,225|2,941,792|69,600| |Cash on short-term||deposit|||5,537,380|6,030,934|5,537,380|6,030,934| |Cash at bank and in||hand|||3,516,638|2,430,132|3,344,621|2,174,329| |Total current assets|||||12,000,880|8,538,291|11,823,793|8,274,863| |Creditors:
within
one|amounts
year||falling due||(987,712)|(1,337,966)|(987,712)|(1,329,617)| |Net current|assets|less current||liabilities|11,013,168|7,200,325|10,836,081|6,945,246| ||||||102,922,580|84,479,799|99,770,402|81,858,736| |Creditors:|amounts||falling due|||||| |after more|than one||year|14|(869,350)|(933,680)|(869,350)|(933,680)| |Total assets|||||102,053,230|83,546,1]9|98,901,052|80,925,056| |The funds|ofthe charity:|||||||| |Endowment|funds|||16|93,406,695|75,904,379|90,361,180|73,414,960| |Restricted income funds||||17|5,482423|5,371,622|5,375,660|5,239,978| |Unrestricted|income||funds|18|3,164,212|2,270,]18|3,164,212|2,270, 118| |Totalchari|ty funds||||102,053,230|83,546, 119|98,901,052|80,925,056| ## ## ## |||||2021|2020| |---|---|---|---|---|---| ||||Note||| |Cash flows from operating|activities:||||| |Net cash used in operating|activities||23|(6,988,423)|(6,607,245)| |Cash flows from investing|activities:||||| |Dividends
and interest from|investments|||1,926,609|2,295,650| |Purchase offlxed assets||||(4,576)|(4,263)| |Proceeds from the sale of investments||||14,768,526|18,392,550| |Purchase ofinvestments||||(12,765,385)|(20,353,410)| |Programme
related investments
drawn||down||(119,942)|(239,375)| |Net cash provided
by investing
activities||||3,805,232|91,152| |Cash flows from financing|activities:||||| |Receipt of endowment||||3&776,143|4,929,481| |Net cash provided
by financing
activities||||3,776,143|4,929,481| |Change
in cash and cash equivalents||in the year||592,952|(1,586,612)| |Cash and cash equivalents|at the beginning of the year||23|8,461,066|10,047,678| |Cash and cash equivalents|at the end|ofthe year|23|9,054,018|8,461,066| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Vorestricted|Restricted|Endowment|Total| |---|---|---|---|---|---| |||funds|funds|funds|2020| |Income and endowments|from:||||| |Donations
and legacies||1,113,747|1,652,531|4',929,481|7,695,759| |Charitable
activities||52,300|||52,300| |Other trading activities||8,500|||8,500| |Investment
income||1,143,490|1,152,160||2,295,650| |Total income and endowments||2,318,037|2,804,691|4,929,481|10,052,209| |Expenditure
on:|||||| |Raising funds||271,770|3,083||274)853| |Investment
management|costs|||254,181|254,181| |Charitable
activities||3,051,690|4,537,891||7,589,581| |Total expenditure||3,323,460|4,540,974|254,181|8,118,615| |Net (losses)/gains
on investments|||(115,597)|(7,369,817)|(7,485,414)| |Net (loss)/income||(1,005,423)|(1,851,880)|(2,694,517)|(5,551,820)| |Transfers between
funds||1,417,943|1,221,5]0|(2,639,453)|| |Net movement
in funds||412,520|(630,370)|(5,333,970)|(5,551,820)| |Reconciliation
offunds:|||||| |Total funds brought
forward||1,857,598|6,001,992|81,238,349|89,097,939| |Total funds carried forward||2,270, 118|5,371,622|75,904,379|83,546,119| ## ## ||||2021|2020| |---|---|---|---|---| |Other|charitable|activities|54,458|52,300| ## ||||2021|2020| |---|---|---|---|---| |Other|trading|activities|2,000|8,500| ## |||||2021|2020| |---|---|---|---|---|---| |Dividends|and interest from endowment||fund assets|1,901,769|2,209,175| |Interest receivable||on cash deposits||24,840|86475| |||||1,926,609|2,295,650| ## ## ## |pport cos
ivities.|ts a|nd overheads|have been apportioned
|using the basis|ofstaff time spent|on the various|| |---|---|---|---|---|---|---|---| |||||Raising|Charitable|Total|Total| |||||funds|activities||| |||||||2021|2020| |Support|staff costs|||29,085|154,001|183,086|192,038| |Governance||staff costs||8,816|46,679|55,495|55,001| |Overhead|costs|||32,047|133,136|165,183|327,277| |Governance||direct costs||3,540|18,743|22,283|25,280| |||||73,488|352,559|426,047|599,596| |Included|in|overhead costs are the following:||||2021|2020| |Auditors'|remuneration||—audit services|||7)650|7,650| |Depreciation||||||32,555|34,158| |Loss on|disposal of fixed assets||||||| ## ||2021|2020| |---|---|---| |Staffcosts|131,973|144,482| |Direct costs|12,639|16,457| |Support costs (Note 6)|73488|113914| ||218,100|274,853| ## ## ## ## |e Community
Foundation
serving Tyne &Wear and
ivities through
grant-making.|Northumberland
undertakes
its charitable|| |---|---|---| ||2021|2020| |Grants payable|7,144,993|6,549,097| |Staffcosts|505,048|517,305| |Direct costs|38,892|37,499| |Support costs (Note 6)|352,559|485,680| ||8,041,492|7,589,581| |nts were awarded
in the y|ear|to other charities,|voluntary
organisa|tions
and indiv|iduals
as follow|:| |---|---|---|---|---|---|---| ||||2021|2021|2020|2020| |||||Number||Number| |Other charities and voluntary||organisations|7,126,415|1,251|6,544,330|1,133| |Individuals|||90,568|80|90,215|123| |Total new grants awarded|in|the year|7,216,983|1,331|6,634,545|1,256| |Grants cancelled|||(71,990)||(85,448)|| |Total grant expenditure|||7,144,993|1,331|6,549,097|1,256| ## ## ## ## |Staffcosts comprise the following:|2021|2020| |---|---|---| |Wages and salaries|757,323|784,136| |Social security costs|72,760|76,519| |Other pension costs|45,519|48,171| ||875,602|908,826| ||5April|5 April| |---|---|---| ||2021|2020| |Mean gender pay gap|12%|14%| |Median gender pay gap|11%|7%| |During
the year employees|with emoluments|over $60,000were in the|2021|2020| |---|---|---|---|---| |following
bands:|||Number|Number| |f60,000tof70,000||||| |680,000to 690,000||||| ## ## ## ## |dowment|fund inves|t|m|ents|-Group||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Deposit &||| |||||||Listed|other cash|Freehold|| |||||||mvestments|balances|property|Total| |At valuation|||||||||| |At I April|2020|||||72,330,178|2,995,235|381,000|75,706,413| |Additions/movement|||in|the|year|14,509,269|(1,743,884)||12,765,385| |Disposals|in the year|||||(14,768,526)|||(14,768,526)| |Realised losses in the|||year|||(28,351)|||(28,351)| |Unrealised|gains in the|||year||16,741,261||(4500)|16736761| |At 31March 2021||||||88,783,831|1451,351|376,500|90,411,682| |At cost|||||||||| |At 31March 2021||||||69,699,317|1,251,351|266,500|71,217,168| |At 31March 2020||||||70,339,900|2,995,235|266,500|73,601,635| |||||||||2021|2020| |||||||||Market|Market| |Listed investments||are detailed as follows:||||||Value|Valuef| |UK Fixed|Interest|||||||5,190,040|5,768,818| |UK Equities||||||||20,163,855|18,128,696| |Property||||||||1,380)581|1,620,822| |Overseas|Fixed Interest|||||||2,277,484|1,261,901| |Overseas|Equities|||||||33073 554|24,020,726| |Collective|Investment|||Schemes||||19,868,001|15,833,559| |Other||||||||6,830,316|5,695,656| |||||||||88,783,831|72,330,178| ## ## ## ## |ogramme
Related In|vest|men|ts
—Charity a|nd Group|||| |---|---|---|---|---|---|---|---| ||||||||Total| |Loaned amounts|||||||| |At 1 April 2020|||||||1,155,972| |Advances
during the year|||||||119,942| |Repayments|||||||| |At 31March 2021|||||||1,275,914| |Provisions|||||||| |At 1 April 2020|||||||310,706| |Provided
against during the year|||||||167,294| |Provision released during||the|year||||| |At 31March 2021|||||||478,000| |Net loaned amounts|||||||| |At 31March 2021|||||||797,914| |At 31March 2020|||||||845,266| |dowment
fund investments|||-Charity||Deposit k||| |||||Listed|other cash|Freehold|| |||||investments|balances|property|Total| |At valuation|||||||| |At 1 April 2020||||69,964,094|2,995,235|381,000|73,340,329| |Additions/movement|in the year|||13,946,677|(1,743,884)||12,202,793| |Disposals
in the year||||(14,246,3]0)|||(14,246,310)| |Realised losses in the year||||(29,486)|||(29,486)| |Vnrealised
gains in the year||||16,173,665||(4,500)|16,169,165| |At 31March 2021||||85,808,640|1,251,351|376,500|87,436,491| |At cost|||||||| |At 31March 2021||||67,366,913|1,251,351|266,500|68,884,764| |At 31March 2020||||68,045,879|2,995,235|266,500|71,307,614| ## ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |||||Market|Market| |||||Value|Value| |Listed investments||are|detailed as follows:||6| |UK|Fixed Interest|||4,952,167|5,478,954| |UK|Equities|||19,198,542|17,313,556| |Properly||||1,291,844|1,518,195| |Overseas Fixed Interest||||2,277,484|1,261,901| |Overseas Equities||||31,763,642|23,057,325| |Collective Investment|||Schemes|19,639,065|15,732,468| |Other||||6,685,896|5,601,695| |||||85,808,640|69,964,094| |Other|investments —Charity||||| ||||||Unlisted| ||||||investments| |At|cost and valuation||||| |At|1 April 2020||||100| |At|31March 2021||||100| ## ## ## ## |11
Tangible fixed assets||||| |---|---|---|---|---| |Group and Charity||||| ||Land &Buildings|Furniture
&|Office|| |||equipment|improve-|Total| ||||ments|| |Cost||||| |At 1 April 2020|750,000|101,762|33,472|885,234| |Additions||4,576||4,576| |Disp os a is||(20,600)||(20,600)| |At 31March 2021|750,000|85,738|33,472|869,210| |Accumulated
Depreciation||||| |At 1 April 2020|78,750|62,406|16,283|157,439| |Charge for the year|15,000|14,207|3,348|32,555| |Disposals||(20,600)||(20,600)| |At 31March 2021|93,750|56,013|19,631|169,394| |Net book value||||| |At 31March 2021|656,250|29)725|13,841|699,816| |At 31March 2020|671,250|39,356|17,189|727,795| |12
Debtors||||| ||Group
2021|Group
2020|Charity
2021|Charity
2020| |||5||| |Other debtors|2,887,750|16,725|2,887,750|16,725| |Dividends
and interest receivable|59,112|60,500|54,042|52,875| ||2,946,862|77,225|2,941,792|69,600| ## ## ## ## |3
Credito|rs: amounts
falling|due within on|e year||| |---|---|---|---|---|---| |||Group|Group|Charity|Charity| |||2021|2020|2021|2020| |Other creditors|and accruals|320,763|275,428|320,763|275,428| |Taxation and social security costs||23,820|20,833|23,820|20,833| |Grants payable||643,129|1,041,705|643,129|1,033,356| |||987,712|1,337,966|987,712|1,329,617| ## ## |4
|Credito|rs:|amounts
fallin|g due after more|than one|year|| |---|---|---|---|---|---|---|---| |||||Group|Group|Charity|Charity| |||||2021|2020|2021|2020| |Other|creditors|and|accruals|869,350|933,680|869,350|933,680| ## ## ## ## ## ## ||||Group|Charity| |---|---|---|---|---| |At 1 April 2020|||75,904,379|73,414,960| |Transfers between
funds:||||| |Total returns
endowment|withdrawal||(2,712,850)|(2,712,850)| |Transfers to endowment|from income funds||17,518|17,518| |Exceptional withdrawal|from endowment|funds|(50,000)|(50,000)| |Net gain before transfers|||20,247,648|19,691,552| |At 31March 2021|||93,406,695|90/61,180| ## ## ## ## |s made arequest that they are appl
arch 2021 have received sufticient|ied
in one area
funds to return|or field. Since th
them to credit.|e year end th|e funds in deiic|it at 31| |---|---|---|---|---|---| |||||Other|| ||At 1 April
2020|Income
&transfers|Grants|outgoings
&transfers|At 31March
2021| |giwll
Frank Actield
Akzo Nobel International
Paint|6,835
3,325|926
16,830|5,000
16,159|1,300|1,835
926
2,696| |Akzo Nobel International
Paint|||||| |Community
First
Abbot Memorial
Grants
Asian|1,100|5,487|780||1,100
4,707| |Stuart Ayre
Nancy Barbour Award
Jeremy Beecham Schools
Bellingham
Berwick Academy
Endowment|9,126
500
3,366
19,640|1,765
5,269
667
2,481
8,518|1,765
10,000
6,000
3,110|(5,000)|4,395
167
2,737
28,158| |Blackett Family Community
First||3,843||3,842|| |EDF Energy Blyth Offshore|||||| |Demonstrator
Wind Farm
Community
Benefit|(33,360)|124,374|51,529|11,307|28,178| |Enid Blyton Fund for Seven
Stories||43,654|43,654||| |Bowey Community
First|923|(923)|||| |Ron &Louise Bowey
Grassroots
Carolyn and Tony Brookes|(236)
941|12,682
2,744|7,386
3,500||5,060
185| |Bumell Community
First|||||| |Lawrence Campbell
Community
First
Canford Audio
Capacitybuilders
CPP
Chapman
Chronicle
Sunshine
Comic Relief Community
Cash|1,069
679
5,458
25,288
45|2,806
477
23,695
10,150|1,000
0
25,140
55,150|(45,000)
45|3,875
156
5,458
23,843| |Comic Relief Local|||||| |Communities|||||| |The Community
Infrastructure
Levy (CIL)
Sir Tom Cowie
Abigail &Stephen Crampton
CrecheMobile
Culture Bridge
The Louise Dalton
Duncan & Sarah Davidson
Pamela and Doroth
Denham
Carried forward|35,704
84,047
1,371
29
1,417
167,273|68,619
1,705
36,651
6,907
305
5,715
2424
387,771|35,704
48,088
2,500
6,600
4,000
1,392
328,457|3,000
2 449
(28,056)|104,578
576
33,651
313
305
1,744
254,643| ## ## |Notes to the financial statements
for the year
continued)|Notes to the financial statements
for the year
continued)|Notes to the financial statements
for the year
continued)|ended 31|March 202|1| |---|---|---|---|---|---| |17
Income funds - restricted
(continued)|||||| |||||Other|| ||At 1April
2020|Income
&transfers|Grants|outgoings
&transfers|At 31March
2021| |Brou
t forward|167,273|387,771|328457|28 056)|254,643| |Pamela Denham
Community|||||| |First
Pamela Denham
Grassroots|1,139|470||1,363|246| |David Dockray's West End
Young People' s
Dream Jar
Andrew
and Charlotte Dixon|(56)
3,034
915|42,938
1,851
1,208|42,189
3,250
1,800||693
1,635
323| |The Edwin John Easydorchik
Travelling
Scholarship
Enviresearch
Evangelical
Express Enterprise
FARNE
David &Gitta Faulkner|7,724
20,591
26,253
153
17,954
2,639|5,336
10,000
7,792
1,095
22,425
1,915|9,871
28,345
0
30,284
4,000|1,000|13,060
19,720
5,700
1,248
10,095
554| |Fausta and Rosemary|||||| |Community
First
Fergusons ofBlyth|1,147|7,191|||8,338| |Fogo Community
First
Gateshead
Thrive|10,529||10,000||529| |David Goldman
Awards
Allison Greenlees
Continuation||27,630
5,706|27,630
3,000||2,706| |The EDFEnergy Green Rigg
Wind Farm Community
Benefit|4,050|40,624|35,065|9,075|534| |The EDF Energy Renewables|||||| |Barmoor Windfarm
Community
Benefit
Jackie Haq Fund for Scotswood
Henderson
Family
Heyman
Travelling
Scholarships
Joy Higginson
High Sheriff ofNorthumberland|11,759
859
8,301
3,227
22,604|144,495
1,952
609
9,495
1,277
50,854|41,105
1,500
36,250|13,136
(250)|102,013
1,311
609
17,796
4,504
37,458| |Hokey Cokey Community
First|||||| |Hoult Family Community
First
Hoult Family Grassroots|3,098|2,436|3,000||2,534| |The HunterPemberton
Community
First
JesDesStaff|2,379|2,051
726|1,000||3,430
726| |RWE Renewables UK Kiln Pit
Hill Wind Farm Community
Josephs Family
JPMorgan
Kellett
Kerry Community
First
Kerry Grassroots
June King
Latterford
Carried forward|5,860
965
2,414
422,041
429
2,563
3,934
378
754,]56|19,772
1,233
2,266
350,929
1,259
3,036
3,697
647
1,160,686|20,993
2,403
335,818
1,000
3,700
970,660|1,798
(1,934)|2,841
2,198
2 277
437, 152
688
5,599
3,931
I 025
946,116| ## ## ## ## |17
Income funds -rest|ricted
(con|tinued)|||| |---|---|---|---|---|---| |||||Other|| ||At 1April
2020|Income
&transfers|Grants|outgoings
&transfers|At 31March
2021| |Brou ht forward
Lendrum
Community
First
Capt. C.D.Leyland
Linden Community
First
Local Environmental
Action
George Loggie|754,156
399
5,954
47,856
1,100|I 160686
1,736
3,799
0
13,028
1,154|970660
4,200
5,766
2,238|I 934)|946,116
2, 135
5,553
55,118
16| |Lady Betty Martin Fund within
the North East Fund for the Arts|513|7,746|3,713||4,546| |Grigor McClelland
Community
First|804||||804| |Moor
Nash
NEF Grassroots
NET Coronavirus
Appeal
NET DCMS BigNight In match
Newcastle
Culture Investment|1,682
1,683
50,000
51,205|1,587
9,552
1,577
1,122,724
415,096
628,630|3,269
4,568
1,044,483
393,896
623,383|73,636
21,200
22,500|4,984
3,260
54,605
33,952| |Newcastle
Dispensary
Relief in
Sickness||74,505||7,207|67,298| |North East Endowment
for
Musical Traditions
North East Fund for the Arts
North East Social Investment|3,394
6,440
2,689,294|5,787
5,147|4,184|167,294|9,181
7,403
2,522,000| |Northern
Angel Fund for
Berwick|623|24,559|19,589||5,593| |Northern
Powergrid
Community
Energy Seed|562|||562|| |Northern Rock Foundation
Legacy Grants
North Tyneside
Northumberland
Group|11,510
26
33,747|1,654
31,618|33,596|11,510|1,680
31,769| |Northumberland
Village Homes
Trust||174,766|108,993|7,994|57,779| |Northumberland
Wildlife Trust
Out &About|5,623|1,667
4,987|1,667
(556)||11,166| |The Pargiter Trust
Anne &David Parker
Partnership
programme
Patch|65,341
23,542|50,000
10,000
14,318|45,000
9,000
30,000|5,000
1,000|65,341
7,860| |Pea Green Boat Community|||||| |First|(1,555)|29,032|26,791||| |Pen &Palette Club Fund within
the North East Fund for the Arts
Percy Family
Philanthropy
House
Platten Family Community
First
Prudhoe League of Friends
Geoffrey and Ann Purves|5,669
78
749,893
463|4,531
8,683
3,468
1,127|4,900
5,500
700|427|5,300
3,261
749,893
463
3,468| |Ray Wind Farm Small Grants
Programme|100,631|2,074|88,870|10,000|3,835| |Readman
Communi
First
Carried forward|4,610,633|3,815,238|3,434,410|326,396|4,665,065| ||||||39| ## ## ## |17
Income funds|-res|tricted
(co|ntinued)|||| |---|---|---|---|---|---|---| ||||||Other|| |||At I April
2020|Income
&transfers|Grants|outgomgs
&transfers|At 31March
2021| |Brou
t forward
Readman Family Grassroots
Readman
Foundation
Carrie Reay Grassroots||4,610633
22,656
61,355
3,050|3 815,238
66,253
3,644|3,434410
79,440
28,000
1,060|326396
2,800|4665 065
9,469
30,555
5,634| |REEDS Community
First
REEDSGrassroots
Riddell Family Community
Riding Grange Grassroots
Jane Robertson Alnwick
Roseline Foundation
Brian Roycroft|First|22,309
3,240
2,029
3,917
6,239|24,421
15,221
3,059
3,914
100,000
19,828|21,815
11,442
2,900
2,000
10,401|8,750|24,915
7,019
2,188
5,831
91250
15,666| |RWE Innogy UK Middlemoor
Wind Farm Community
Sage Gateshead
Smail Family
Henry Smith Charity
Sowler Family UK Charitable||73,498
748
26,100|106,544
663,698
4,221
(40,506)
37,500|54,513
663,698
4,505
(14,406)
33,000|21,587
4,500|103,942
464| |Spriggs Family Community||||||| |First||||||| |Shohba &Trikoli Srivastava
Community
First||679|210||298|591| |Sunderland
Industrial &
Reformatory
School
Suz Grassroots||1,154
1,670|1,186
1.,564|800||1,540
3,234| |Taylor
Third Sector Trends
Thornton Family Grassroots
Three Valleys
Tiny Lives||9,493
(1,007)
1,348
2,827|18,961
20,000
3 772
11,057
91,401|28,454
3,100
91,401|500
13,884|18,993
],520| |Tyne &Wear High Sheriff
Awards||17,204|57,376|57,750|(250)|17,080| |Tyne &. Wear High Sheriff||||||| |Community
First
Tyne &Wear Grassroots||842|791|839||794| |Ventient Sisters Norih Steads
Wind Farm Community
Benefit
Vicky F Grassroots
Virgin Money
Vital Gateshead
Vital Newcastle
Vital North Tyneside
Vital Northumberland
Vital South Tyneside
Vital Sunderland
Ted Weekes
The Wellesley Trust||46,674
849
2,129
12,080
13,905
5,022
22,233
4,930
17,632
13,356
214,015|297,034
1,311
3,383
7,361
5,448
1,526
17,521
1,387
6,677
12,520
274,178|94,600
4,000
11,500
12,500
5,037
22,000
5,000
16,055
9,941
425,992|28,304
10,000|220,804
2,160
1,512
7,941
6,853
1,511
17,754
1,317
8,254
15,936
52,200| |The Wellesley
Trust||||||| |Community
First||||||| |The 1989Willan Charitable
Till st
Carried forward||5,222,809|263,231
5,920,930|231 742
5,353,489|12,341
429,110|19,148
5,361,140| |||||||40| ## ## ## |Other| |---| |At 1April
Income
2020
&transfers
outgoings
Grants
&transfers
At 31March
2021| |E| |Brou ht forward
5,222 809
5920930
5 353489
429 110
5361 140
Mark and lan Wilson Family
Wood
CH Wood
Women' s
2,038
2,193
1,500
2,731
2,575
6,928
7,100
2,403
4,783
4,783
10,879
31,109
40,500
3
1,485| |Women's
Community
First
Youn
Musician's
I677
6276
4 835
3 118
Total Communit
Foundation
5239,978
5972,219
5407 424
429,113
5,375,660
Joseph Brough Charitable
Trust
73,969
39,007
78,447
30
34,499| |Tyne and Wear Foundation
Trust
57,705
17,545
3,056
72,194| |Tyne &Wear Foundation
Limited
30
30)
Total Grou
5 371622
6028771
5488 927
429 143
5482,323| |Income and transfers
include credits off1,405,523 transferred
from the main and ethical endowment| |funds to distribute
as income on a total returns basis and %30,500ofother transfers.
Other outgoings
include transfers
between
funds off279,361,net transfer credit from endowment
off32,482, amortisation
ofProgramme
Related Investments
off167,294 and other fund expenses of$14,940.The Women's
Fund
includes
income from People ofWard Hadaway
in memory ofSue Watts fund, Fausta and Rosemary
Community
First fund and Pamela and Dorothy Denham
fund, Brian Roycroft fund includes income from
the Tessa Hide fund, Local Environmental
fund includes
income from Ivy and Gilbert Purvis fund and
Sandra King Rainy Day fund, and High Sheriff ofNorthumberland
Youth fund includes
income from the| |Bumell Family and Community
First funds.| ## |
ce the year end the funds
in de
dit.|ticit at 31 March 2|021 have receive|d sufficient f|unds to return
t|hem to| |---|---|---|---|---|---| |||||Other|| ||At 1 April
2020|Income
&transfers|Grants|outgoings
&,transfers|At 31March
2021| |Adderstone
Anonymous
Appletree|394
4,639
2,304|11,615
3,118
25,013|10,000
20,070|3,250|2,009
7,757
3,997| |Ashington
Community
Development
Trust
Barley Hill
Barnes
Christopher
Beadle
Charles Robert Bell
John Bell
Bellway
Sara Alexandra
Bernstone
Carried forward|2,909
3,028
6,017
(961)
52,444
3,552
57
74,383|3,615
3,723
7,241
5,108
13,681
62,929
2,879
4,743
143,665|2,404
9,000
7,540
12,720
62,443
3,263
4 000
131,440|3,250|4, 120
3 723
1,269
3,585
52,930
3„168
800
83,358| ||||||41| ## ## |8
Income funds|-unr|estricted
(c|ontinued)|||| |---|---|---|---|---|---|---| ||||||Other|| |||At I April
2020|Income
&transfers|Grants|outgoings
&transfers|At 31March
2021| |Brou
t forward||74 383|143665|131,440|3250|83,358| |Bonas Machine Company
Ron and Louise Bowey
Dawn Brown
Stephen Byers
The Muriel Campbell
Carr-Ellison
Charitable
Trust
Carroll Savage
Chrysalis
Daphne &Martin Cookson
Roland Cookson||794
41,171
1,011
2,199
6,370
1,728
61|1,804
36,626
1,333
7,551
1,421
10,334
5,815
1,849
4,995
68,013|2,000
35,720
2,920
9,750
4,000
68,013|22,947|598
19,130
2,344
6,830
1,421
6,954
5,815
3,577
1,056| |Roland Cookson Community
Coquet||(3,434)|19,140
30,000|10,500
10,729|6,015
3,600|(809)
15,67]| |Coronavirus
Response
Recovery
Crozier
Curtain PARP|and|448,234
10,753|691,837
2,235
43,754|229,258
22,298|35,082
2,235|875,731
32,209| |John D Endowment
Dickon Trust
Elgon
Fogo||(98)
9,873
2,093
7,760|12,925
71,190
1,077
32,602|15,000
80,432
21,500||(2,173)
631
3,170
18,862| |Gateshead
Housing||||||| |Company
Community
George and Peggy
The Giving Network||939
1,443
10,121|60
5,346
19,686|1,000
19,615|977|6,789
9,215| |Margaret
and Dorothy
Gordon Memorial||297|1,177|750||724| |Groves Family||3,334|5,133|1,000||7,467| |Michael and Christine||||||| |Heppell||3,750|3,133|500||6,383| |The Hokey Cokey (that' s
what it's all about)
I'Anson Family
Ifonly. ..
Sir James Knott
John Laing
William Leech Charity
Leech Challenge
Linden Family
FB&PFBLough
Grigor McClelland
Daisy Marr
Maudslay
Family
G SMay Family
Mclntosh
Milbum Briel
Muckle LLP||1,734
1,450
156
722
7,460
(1,691)
34,825
9,276
6,652
2,636
3,761
1,402
6,332|3,067
2,701
1,486
2,051
5,049
22,089
3,250
92,547
100,327
13,930
28,557
2,310
5,768
1,392
3,481
37,866|1,000
1,400
1,500
2,051
1,440
96,861
130,987
10,000
22,479
4,245
4,500
2,500
19,348|500
1,710
3,180|3,801
2,751
142
4,331
29,549
3,250
(6,005)
4„165
13,206
12,730'
701
4,529
1,084
981
21,670| |Newcastle
Brown Ale||2,582|4,887||7,469|| |Newcastle
Building Society
Communi||11,535|284,384|256,906|23,357|15,656| |Carried forward||711,614|1,837,843|1,221,642|110,321|1,217,494| |||||||42| ## ## ## ## |18
Income funds - u|nrestri|cted
(co|ntinued)|||||| |---|---|---|---|---|---|---|---|---| |||||||Other||| |||At I April
2020|Income
&|Grants|outgoings
&transfers||At|31 March
2021| ||||transfers|||||| |Brou
t forward
Emma Newton
North East Brewers||711,614
2,652
6,531|1,837 843
4,898
6,134|1,221,642
4,510
6,500||110,321||1,217,494
3,040
6,165| |Northern
Powergrid
Northumbrian
Water
Opencast Charitable
Pattinson
Estate Agents||(79)
4,909|16,395
5,946
50,000
6,493|16,316
5,909
27,000
8,500||5,000||37
18,000
2,902| |Philanthropy
North East Story
Platten Family
PricewaterhouseCoopers
Prime
Proudfoot Family
P&G
Guy Readman
endowment
Ringtons
Rolls-Royce
St Cuthbert's||(2,104)
322,316
1,754
(1,983)
31
1,559
273,931
14,757
2,699
9,417|2,104
76,703
1,821
27,603
1,364
55,231
125,416
48,277
2,534
2,052|57,207
3,125
23,644
56,570
59,000
24,625||5,566
23,000||336,246
450
1,976
1,395
220
340,347
15,409
5,233
11,469| |Johnnie &Tricia Smith and
Family
Barry &Fags Speker
Spriggs Family
Squires Foundation||660
721
354
2,611|4,044
1,211
1,097
57,806|1,000
800
1,450
50,035||6,363||3,704
1,132
I
4,019| |Shobha and Triloki Srivastava
Grassroots
Star
TESS
Brian &Margaret Thompson
Treeline
Vaux
Ward Hadaway
Watkin Family
Watson Family
Weightman
Welch Family
Wide Open Road
Willis Charitable||1,074
7,688
1,411
295
224
8,677
485
11,319
1
1,610
1,277
459|2,527
9,616
3,017
3,938
3,896
8,148
4,782
27,648
2,555
1,300
5,789
1,011|11,000
1,733
4,000
8,636
38,886
3,000
4,000||1,740
I
150
1,897||3,601
6,304
4,428
2,500
120
8,189
3,527
81
1,015
680
1,789
1,470| |The Lucy Winskell
Winter Family
Robert Wood Trust||4,506
(520)|1,126
15,335
4,320|I,126
19,860
3,992||||(19)
(192)| |Other general grant-making
funds
Total designated
funds
Administrative
fund
Total Communit
Foundation
Total Grou||244 158
1,635,014
635 104
2 270118
2270118|319,388
2,749,368
I 251 051
4 000,419
4 000,419|8 000
1,656,066
I 656066
1,656066|187835
341,873
1 108386
1,450,259
I 450,259|||383 711
2,386,443
777769
3 164212
3164,212| |Income and transfers
include 81,307,327 transferred|||from the main|and ethical endowment
funds|||to|| |distribute
as income on a total returns basis and 6599,491ofother transfers. Other|||||outgoings
and||transfers|| |consist of6350,630 transferred|between|funds, f875,602 staff costs, K8,252 designated||||fund expenses||and| |other net administrative
costs of f215,775.||||||||| ## ## ## ## ## |oup||||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Endowment|2021| ||||funds|funds|funds|Total| |Investments||||797,914|90,411,682|91,209,596| |Tangible||fixed assets|43,566|656,250||699,816| |Current assets|||3,345,536|5,524,957|3,130,387|12,000,880| |Current|liabilities||(224,890)|(627,448)|(135,374)|(987,712)| |Creditors||due after one year||(869,350)||(869,350)| |Total net||assets|3,164,212|5,482,323|93,406,695|102,053,230| |arity||||||| ||||Unrestricted|Restricted|Endowment|2021| ||||funds|funds|funds|Total| |Investments||||798,014|87,436,491|88,234,505| |Tangible||fixed assets|43,566|656,250||699,816| |Current|assets||3,345,536|5,418,194|3,060,063|11,823,793| |Current||liabilities|(224,890)|(627,448)|(135,374)|(987,712)| |Creditors||due after one year||(869,350)||(869,350)| |Total net assets|||3, 164,212|5,375,660|90,361,180|98,901,052| ## ## ## ## ## ## ||||Total|Total| |---|---|---|---|---| ||||2021|2020| |Turnover||||| |Cost ofsales||||| |Operating|profit|||| |Administrative||costs||| |Net profit||||| ## ## |1
Subsidiary
company
and charities (contin|ued)|| |---|---|---| |The aggregate ofthe assets and liabilities was:|Total|Total| ||2021|2020| |Assets|70|70| |Liabilities||| |Net assets|70|70| ||||||Total|Total| |---|---|---|---|---|---|---| ||||||2021|2020| |Investment|income||||43,945|60,702| |Donations|and|legacies|||62|| |Charitable|activities||||(83,477)|(15,030)| |Investment|management||costs||(7,120)|(7,529)| |Gains/(losses)||on investments|||408,381|(232,564)| |Net movement||in funds|||361,791|(194,421)| |The aggregate|of|the assets,|liabilities|and funds was:||| ||||||Total|Total| ||||||2021|2020| |Assets|||||2,210,378|1,856,936| |Liabilities||||||(8,349)| |Funds|||||2,210,378|1,848,587| ## ## |Represented|by:||Total|Total| |---|---|---|---|---| ||||2021|2020| |Permanent|endowment|fund|2,175,879|1,774,618| |Restricted funds|||34,499|73,969| |Funds|||2,210,378|1,848,587| ||||Total|Total| |---|---|---|---|---| ||||2021|2020| |Investment|income||21,891|27,904| |Investment|management|costs|(5,515)|(6,731)| |Charitable|activities||(7,402)|(11,564)| |(Losses)/gains
on investments|||160450|(112,780)| |Net movement
in funds|||169,324|(103,171)| ||Total|Total| |---|---|---| ||2021|2020| |Assets|941,830|772,506| |Liabilities||| |Funds|941,830|772,506| ## ## ## |Represented|by:||Total|Total| |---|---|---|---|---| ||||2021|2020| |Permanent|endowment|fund|869,636|714,801| |Restricted funds|||72,194|57,705| |Funds|||941,830|772,506| ## |Organisation|Director/employee|involved|Relationship|Total grants| |---|---|---|---|---| |Charlotte
Straker Project|Lady Blackett||Trustee|82,813| |Derwenthaugh
Boat Station|Lucy Winskell OBE||Honorary|6,750| ||||President|| |Newcastle
Carers|Sandra King||Volunteer|6,000| ||||Mentor|| |Newcastle
upon Tyne|JIIIBaker||Non-|54,000| |Hospitals NHS Foundation|||Executive|| |T111st|||Director|| |New Writing North
North East Theatre Trust|Claire Malcolm
Lucy Winskell OBE||Employee
Trustee|20,000
11,126| |Northumberland
Wildlife|Sandra King||Wildlife|9,398| |Trust|||Ambassador|| |November
Club|Rob Wiuiamson||Trustee|5,626| |Voluntary
Organisations|Robin Fry||Employee|40,000| |Development
Agency, North||||| |Tyne side||||| ## ## ## ## |conciliation
ofnet in|come|to net cash flow from operating|activities|| |---|---|---|---|---| ||||2021|2020f| |Net income/(deficit)|for the year||18,507,111|(5,551,820)| |Adjustments
for:||||| |Receipt ofendowment|||(3,776,143)|(4,929,481)| |Depreciation
charges|||32,555|34,158| |(Gains)/loss
on endowment||investments|(1.6)708,410)|7,369,817| |Loss on disposal of fixed assets||||| |Losses on programme|related investments||167,294|115,597| |Dividends
and interest|from|investments|(1,926,609)|(2,295,650)| |(increase)/decrease
in debtors|||(2,869,637)|24,815| |Decrease in creditors|||(414,584)|(1,374,681)| |Net cash used in operating||activities|(6,988,423)|(6,607,245)| |alysis ofc|ash and cash equivalents||| |---|---|---|---| |||2021|2020| |Cash at bank and in hand||3,516,638|2,430, 132| |Short-term|deposits|5,537,380|6,030,934| |Total cash|and cash equivalents|9,054,018|8,461,066| ##