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|Annual rett for the year ended 31March 2023......||||
|---|---|---|---|
|Independent<br>Auditors'<br>Report to the Members ofConununity|Foundation|serving Tyne k Wear and||
|Northumberland.<br>..|||....13|
|Consolidated<br>statement offinancial activities for the year ended 31March||2023........................... ......|.....I7|
|Consolidated<br>income and expenditure<br>account for the year ended 31 March 2023................................|||.....I8|
|Balance sheets as at 31March 2023.|||.....I9|
|Consolidated<br>cash flaw statement<br>for thc year ended 31 March|2023.||...20|
|Notes to the financial<br>statements<br>for the year ended 31March|2023.................,....... ...... ...................||.....2 I|





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|Fund type||No ofgrants|Total avrards|
|---|---|---|---|
|Individual<br>and family|funds|445|2,199,877|
|Corporate<br>funds||281|1,076,080|
|||324|1,821,534|
|Collective funds||240|756,481|
|Projcess and partnership|funds|91|1,143,027|
|Agency funds (benefiting anamed organisation)||25|860,382|
|Total greats awarded|by the fun Group||72157481|



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|The targets for the pertod|are below.|||
|---|---|---|---|
|KEYPERFORMANCE INDICATORS|||2020-26 TARGET|
|Total endowment<br>value|||f100m|
|Rolling average annual|glffs to endowment|||
|Annual<br>giffs to revenue|and programme<br>funds|||
|Percentage ofmtal grants from endowment||funds|7&o|





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|||Note|Unrestricted|Restricted|Endowtnent|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|2023|2022|
||||f|f||||
|Income and endowments|from:|||||||
|Donadons<br>and legacies||3|598,174|2,189,129|874,4S9|3,661,792|4,490326|
|Charitable<br>activities||4|42,450|||42,450|39325|
|Other trading activities||5|4,500|||4300||
|Investment<br>mcome||6|1,135,243|1,027,S88||2,163,131|1,841,153|
|Total income and endowments|||1,780,367|3317,017|874,489|5dl712173|6370,704|
|Expenditure<br>on:||||||||
|Raising funds||8|260,266|||260366|221,985|
|Investment<br>managetneot|costs||||240,740|240,740|266,392|
|Charitable<br>activities||9|3,707301|5,095,808||8,803,109|9,514,393|
|Total expenditure|||3,967367|5,095,808|240,740|9,304,115|10,002,770|
|Net Oosses)/gains<br>on||||||||
|investments||||(50,000)|(4,432,880)|(4,482,880)|5,671,762|
|Nct (ass<br>come|||(2,187,200)|(1,928,791)|(3,799,131)|7315,122)|2,039,696|
|Transfers<br>between<br>funds|||1,615,487|1,293,700|2,909,187)|||
|Net movement<br>In fends|||(571,713)|(635,091)|(6,708318)|(7315,122)|2,039,696|
|Reconciliation offunds:||||||||
|Total funds brought<br>forward|||2,636,818|5,518,782|95,937326|104,092326|102,053330|
|Total funds carried forward|||2,065,105|4,883,691|89329,008|96,177,804|104,092„tt26|





## 

## 

||||||Note|2023|2022|
|---|---|---|---|---|---|---|---|
|income - continniag|||operations|||||
|Donations|and legacies|||||2,787403|3,172,799|
|Charitable|activities|||||42,450|39,325|
|Other trading activiues||||||||
|Investment||income||||2,163331|1,841,153|
|||||||4tt97,384|5,053,277|
|Expenditure||-continaing||operations||||
||||||9|7,770,782|8,535,156|
|Staff costs|||||10|945,199|900,062|
|Other costs||||||347494|301,160|
|||||||9,063475|9,736,378|
|Net loss on||investments||||(50,000)|(142,000)|
|Net loss for||the year before transfers aad taxation||||(4,115,991)|(4,825,101)|
|Transfer from endowment||||fund||X/09)187|4,334,166|
|Taxation||||||||
|Net (dencit)||for the year||||(1406r804)|(490,935)|





## 

## 

||||||Group|Group|Charity||
|---|---|---|---|---|---|---|---|---|
|||||Nate|2023|2022|2023|2022|
|Ptxcd assets|||||||||
|Endowment|fund investments|||11|88~429|95,660,736|86,176&139|92,635,526|
|programme|related|and other|||874~9|$56,$09|$74,409|$56909|
|investments|||||||||
|Tangible<br>assets||||12|657&885|685,8$2|6572185|6$5,S82|
|Total lixed|assets||||90&527&523|97/03 427|87&709&233|94 178317|
|Carrent assets|||||||||
|Debtors||||13|110,098|122,I93|99,659|11$,594|
|Assets held|for resale|||||14,000||14,000|
|Cash on short-term||deposit|||5&5692106|5,543,905|5&569dt06|5,543,905|
|Cash at bank and in||hand|||2,121466|3,761,173|1&89S,064|3,518,465|
|Total current assets|||||7,801270|9,441371|7,567 &&29|9,194,964|
|Creditors:|amounts||falling due||||||
|within one|year||||(1,4S2,439)|(1,814&162)|(1,456&459)|(1,$10422)|
|Net current|assets|less current||llabslties|6318,831|7,626309|6,111,070|7384,442|
||||||96&846454|104,829,736|93420~3|101462,759|
|Creditors:|amounts||falling duc||||||
|alter more|than onc||year|15|(668450)|(736,810)|(668450)|(736,$10)|
|Total assets|||||96,177,804|104,092,926|93,151,753|100,$25949|
|Tbe fuads ofthe charity:|||||||||
|Endowment|funds|||17|89~9,008|95,937,326|86&252&612|92,75747$|
|Restricted income funds||||18|42t83,691|5,51$,782|42134&036|5,431,853|
|Unrestricted|income||funds|19|2,065,105|2,636,818|2&065,105|2,636,$1$|
|Total charity funds|||||96,177,804|104,092,926|93,151,753|100,825P49|





## 

## 

## 

|||||Note|2023|2022<br>f|
|---|---|---|---|---|---|---|
|Cash flows from opcratlng|aetlvltlesi'||||||
|Net cash used in operating|activities|||24|(6,811381)|(3,251,559)|
|Cash llows from investing|activities:||||||
|13ividends<br>and interest finm|investments||||2,163,131|1,841,153|
|Purchase offixed assets|||||(5,172)|(19,774)|
|Proceeds iiom the sale ofinvestments|||||13,377,873|15,667,653|
|Purchase ofinvestments|||||(11,145,346)|(15,102,945)|
|Programme<br>related investments<br>drawn||down|||(67,500)|(200,895)|
|Net cash provided<br>by Investing<br>activities|||||4,32~86|2,185,192|
|Cash news from financing|activities'.||||||
|Receipt ofendowment|||||874,489|1,317,427|
|Net cash provided<br>by tinanclng<br>actlvttlcs|||||874,489|1,317,427|
|Change in cash aud cash equivalents||in tbe|year||(1,613,906)|251,060|
|Cash and cash equivalents|at the beginniag||oftbe year|24|9,305,078|9,054,018|
|Cash and cash equivalents|attbe end|ofthe|year|24|7,691,172|9305,078|





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## 

|||Vnrestrictcd|Restricted|Endow)nant|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|2022|
||||f|f||
|Income and endowmeats|from:|||||
|Donations<br>and legacies||633,889|2438,910|IgI7,427|4,490426|
|Charitable<br>activities||39,325|||39425|
|Other trading<br>activities||||||
|investment<br>iacome||1,009,695|831,458||13141)153|
|Total income and endowments||1,682,909|3370368|1,317,427|6470,704|
|Expenditure<br>on:||||||
|Raising funds||221,985|||221„)S85|
|Investment<br>management|costs|||266,392|266492|
|Charitable<br>activities||4,037,221|5,477,172||9414493|
|Total expenditure||4,259206|5.477,172|266,392|10,002,770|
|Net (losses)/gains<br>on investments|||(142,000)|5,813,762|5,671,762|
|Net Ross)/Income||2,576,297)|2448,804)|6,864,797|2,039,696|
|Transfers between<br>funds||2,048,903|2485,263|(4,334,166||
|Net movement<br>ln fu ada||527,394)|36,459|2,530,631|2,039)696|
|Reconcgiation ofIhads:||||||
|Total funds brought<br>forward||3,164,212|5,482323|93,406,695|102,053)230|
|Total funds carried forward||2,636,8IS|5,518,782|95,937,326|104,092426|





## 

## 

||2023|2022|
|---|---|---|
|||f|
|Donations|3,651,747|4488 860|
|Legacies|10,045|1,366|
||3,661,792|4,490,226|



## 

||||2023|2022|
|---|---|---|---|---|
|Other|charitable|activities|42,450|39325|



## 

||||2023|2022|
|---|---|---|---|---|
|Other|trading|activities|4)500||



## 

|||||2023|2022|
|---|---|---|---|---|---|
|Dividends|and interest from endowment||fund assets|2,040,327|1,825,343|
|interest receivable||on cash deposits||122,804|15,810|
|||||2,163,131|1,841,153|





## 

## 

## 

## 

|pport co<br>ivities.|sts|and overhead|s<br>have been apportioned|using the basis|ofstaff time spen|t on the various||
|---|---|---|---|---|---|---|---|
|||||Raising|Charitable|Total|Total|
|||||funds|activities|||
|||||||2023|2022|
|Suppon|staff costs|||25,132|141,633|166,765|174,039|
|Governance||staff costs||7,838|44,171|52,009|53385|
|Overhead|costs|||47,165|160,181|207846|228/48|
|Governance||direct costs||11,882|48333|60315|26,642|
|||||92,017|394318|486435|482,614|
|Included|in|overhead costs are the following:||||2023|2022|
|Auditors'|remuneration||—audit services|||12~0|7,650|
|Depreciation||||||33,169|33,402|
|Loss on disposal offixed assets|||||||306|



## 

||2023|2022|
|---|---|---|
|Staff noses|153,543|130,472|
|Direct costs|14,706|12492|
|Support costs (Note 7)|92,017|79~1|
||260466|221,985|





## 

## 

## 

|e Community<br>Foundation<br>serving Tyne & Wear and <br>tivities<br>through<br>grant-making.|Northumberlacd<br>undertakes<br>its oharitable||
|---|---|---|
||2023|2022|
|Grants payable|7,770,782|8,535,156|
|Stair costs|572)882|542,166|
|Direct costs|65,127|33,678|
|Support costs (Note 7)|394418|403,393|
||Sr903,109|9414,393|



||||2023|2023|2022|2022|
|---|---|---|---|---|---|---|
|||||Number|6|Number|
|Other charittes and voluntary||organisations|7,713dt84|1487|8,466,087|1357|
|Individuals|||143r(97|119|107 cr23|119|
|Total new grants awarded|In|the year|7,857481|1,406|8474,010|1,376|
|Grants mncetted|||(86499)||(38,854)||
|Total grant ezpeudlture|||7,770,782||8,535,156||





## 

## 

## 

|Staffcosts comprise the following:|2023|2022|
|---|---|---|
|Wages and salaries|S12,585|778,171|
|Socitd security costs|83,1S9|74,163|
|Other pension costs|49,425|47,728|
||945,199|900,062|



||5April|5 April|
|---|---|---|
||2023|2022|
|Mean gender pay gap|17%|14%|
|Median gender pay gap|12%|12%|



|During<br>the year employees|During<br>the year employees|with emoluments|over 660,000were in the|2023|2022|
|---|---|---|---|---|---|
|following|bands|||Nmnber|Number|
|f60,000|(o570,000|||||
|f80,000|tof90,000|||||





## 

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## 

## 

## 

|dotvment|fund invc|stmcn|ts<br>-Group|||||
|---|---|---|---|---|---|---|---|
||||||Deposit 8)|||
|||||Listed|other cash|Freehold||
|||||tavestments|balances|property|Total|
|At valo ation||||8|||K|
|At I April|2022|||93,023,269|2~2,467|365,000|95,660,736|
|Additions/movement||in the year||10,643,100|502,246||11,145,346|
|Dispossls|in the year|||(13,377,873)|||(13377,873)|
|Realised gains in the||year||35,928|||35,928|
|Unrealised|(losses)/gains||in the year|(4,489,808)||21,000|(4,468,808)|
|At 31March 2023||||85)834)616|2,774,713|386,000|SSJ95)329|
|At cost||||||||
|At 31March 2023||||72,229,673|2,774,713|254)500|7545S,386|
|At 31March 2022||||72,541,977|2,272,467|254,000|75,068,444|
|||||||2023|2022|
|Listed investments||are detailed as follovrs:||||Market|Market|
|||||||Value|Value|
|||||||5||
|UK Fixed|Interest|||||5,7632172|4,851,809|
|UK Equities||||||18,623~4|20,011,034|
|Froperty||||||S64,102|1,463315|
|Overseas|Fixed Intsxest|||||Id86,621|2325,674|
|Overseas|Equities|||||27,739,140|32,140,913|
|Collective|Investment|Schemes||||23364,609|24,160,666|
|||||||7,642~8|8,069,858|
|||||||85r834,616|93,023469|





## 

## 

## 

|Loaned amounts||||||||
|---|---|---|---|---|---|---|---|
|At 1 April 2022|||||||1,476,809|
|Advances<br>during the|yew||||||67,500|
|Repayments||||||||
|At 31March 2023||||||||
|Provisions||||||||
|At 1 April 2022|||||||620,0Mi|
|Provided<br>against<br>during the year|||||||50,000|
|Provision<br>released during||the year||||||
|At 31Marsh 2023|||||||670,000|
|Nct loaned amounts||||||||
|At 31March 2023|||||||874~9|
|At 31March 2022|||||||S56,809|
|dotvment<br>fund lavcstmeats|||-Charity|||||
||||||Deposit &|||
|||||Usted|other cash|Freehold||
|At valuation||||iuvesttnents|balancesf|properly<br>f,|Total|
|At 1 April 2022||||89,998,059|2472,467|365,000|92,635,526|
|Additions/movement|in the year|||10,135,873|502746||10,638,119|
|Disposals<br>in the year||||(12,854,192)|||(12,854,192)|
|Realised gains in the|year|||29,103|||29,103|
|Unrealised<br>(losses)/gains||m the year||(4492,617)||21,000|(4771,617)|
|At 31March 2023||||83,016Q26|2,774,713|386,000|86,176439|
|At cost||||||||
|At 31March 2023||||69,802,740|2,774,713|254,500|723131,453|
|At 31 March 2022||||70,215,545|2472,467|254,000|72,742,012|



## 



## 

## 

## 

|1<br>Inv|estmen|ts|(continued)|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Market|Iviarket|
|||||Value|Value|
|Listed investments||are|detailed as follows:|||
|UK Fixed|interest|||5430,257|4,604,975|
|UK Equities||||172178,320|19,097,580|
|Property||||799,283|1,387,811|
|Overseas|Fixed Interest|||Iv836,621|2,325,674|
|Ovtxseas|Equities|||26487,141|30,767,592|
|Collective|Investtnent||Schemes|23,090433|23,907,303|
|Other||||7,494/71|7,907,124|
|||||83,016~6|89,998,059|



|||Unlisted|
|---|---|---|
|||investments|
|At|cost and valuation||
|At|I April 2022|100|
|At|31March 2023|100|





## 

## 

## 

|Group and C|harity||||||
|---|---|---|---|---|---|---|
||||Land &.Buildings|Furmture<br>&|Office||
|||||ecfut proent|improve-|Total|
||||||ments||
|Cast|||||||
|At 1 Apil 2021|||750,000|82,433|48,110|880,543|
|Additions||||3,392|1,7SO|5,172|
|Disposan||||(2,244)||(2444)|
|At 31March|2023||750,000|83~1|49,890|883,471|
|Accumulated|Depreciation||||||
|At 1 April 2021|||108,750|62,200|23,711|194,661|
|Charge for the year|||15,000|13,225|4,944|33,169|
|Disposals||||(2,244)||(2/44)|
|At 31March|2023||123,750|73,181|2S,655|225&586|
|Net book value|||||||
|At 31March|2023||626450|10,400|21/35|657485|
|At 31March 2022|||641,250|20,233|24,399|685,882|
|13<br>Debtors|||||||
||||Group|Group|Charity|Charity|
||||2023|2022|2023|2022|
||||6|f||f|
|Other debtors|||11,21S|72,481|11318|72,481|
|Dividends<br>snd intermt||receivable|98,880|49,712|88,441|46,113|
||||110098|122 193|99)659|118/94|





## 

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## 

## 

||Group|Group|Charity||
|---|---|---|---|---|
||2023|2022|2023|2022|
|Other creditors and accruals|411464|336,860|411464|336,860|
|Taxation and social security costs|26,105|18423|26,105|18,523|
|Grants payable|1,045,070|1,459479|1,019,090|1,455,139|
||1,482,439|1,814962|1,456,459|1,810,522|



## 

## 

|||||Group|Group|Charity||
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|Other|creditors|and|accruals|66tk550|736,810|668450|736,810|



## 



## 

## 

## 

## 

## 

||||Group|Charity|
|---|---|---|---|---|
|At 1 April 2022|||95,937,326|92,757378|
|Transfers<br>between<br>funds:|||||
|Total returns<br>endowment|withdrawal||(2,938 tt84)|(2tt38,984)|
|Transfers to endowment|fiom income funds||50.163|50,163|
|Exceptional<br>withdrawal|from endowment|funds|(20,366)|(20366)|
|Net loss before transfers|||(3,799,131)|(3495,479)|
|At 31March 2023|||89~9,008|86,252,612|





## 

## 

## 

## 

|arch 2023 have rec|eived s|uificient|funds to rehun|them toa'edit.||||
|---|---|---|---|---|---|---|---|
|||||||Other||
||||At 1 April|tncome||outgoings|At 31March|
||||2822|&transfers|Grants|&transfers|2023|
||||E|E.|E|||
|¹iwit|||625|85,211|82,071|3,784|(19)|
|Frank Acileid|||1,951|926|2,2D1||676|
|Abbot Memorial<br>Grants|||1,100||||1,100|
|Akzo Nobe'1 Iirtemational||Paint|234|4,048|4,282|||
|Akzo Nobel international||Paint||||||
|Community<br>First||||||||
|Arts Coundl<br>England Let'||s||||||
|Create Jubilee|||116,963||116,463|500||
|Asian|||5,790|5,482|2,000|5,000|4772|
|Stuart Ayre||||1,763|1,763|||
|Nancy Barbour Award|||4435|5464|6,000||3,499|
|Jeremy Beecham Schools|||(500)|851|||351|
|Befiingham|||1,777|2,477|2,105|370|1,779|
|Berwiok Academy|Eodouvnent||(398)|Sg1 1|4,100||4,013|
|Blackett Family Cominunlty||||||||
|First|||(31)|5,152|5,122|||
|EDF Energy Blyth|Offshore|||||||
|Demonstrator<br>Wind|Farm|||||||
|Community<br>Benefit|||23481|70,793|49,067|6,436|38,871|
|Enid Blyton Fund for Seven||||||||
|Stories||||44,817|44,S17|||
|Bowey Conununity|First|||||||
|Ron & Louise Bowey||||||||
|Gressroots|||4,432|12,174||13,299|3,307|
|Carolyn<br>and Touy Brooltes|||221|3,030|2,000||1,251|
|Burnell Community|First|||||||
|Lawrence Campbell||||||||
|Community<br>First|||8,809|3397|6,252||5,954|
|Canford Audio|||695|497|||1,192|
|Capacitybuilders<br>CPP|||5,458|||5,458||
|Chapman|||46,853|23,635|2,0DD|54,007|14,481|
|Chronicle<br>Sunshine||||28,154|28,154|||
|The Community<br>Infrastructure||||||||
|Levy (CIL)|||146,021|26,745|131,611|6,633|34,522|
|Sir Tom Cowie|||71,775|68,541|47,500||92,816|
|Abigail & Stephen|Crampton||475|1,712|1,620||567|
|CrecheMobile|||397|4,907|(30,00D)||35,304|
|Culture Bridge<br>The Louise Dalton|||(SD7)<br>2,623|6,899<br>2,608|7,000<br>~00||(908)<br>3,031|
|Duncan & Sarah Davidson|||1,695|5,708||7,000|403|
|Pamela and Doroth|Denham||485|2607|2 000|5092||
|Carried forward|||444,459|425,909|516,328|107,579|246,461|





## 

## 

## 

||||||Other||
|---|---|---|---|---|---|---|
|||At 1April|Income||outgomgs|At 31March|
|||2022|&transfers|Grants|&transfers|2023|
|||f||6|6||
|Brou<br>t forward||444 459|425<br>09|516 28|107579|246,461|
|Pamela Denham<br>Community|||||||
|First|||||||
|Pamela Denham<br>Grassroots|||473||473||
|David Dcckray's West End|||||||
|Young People' s||7,169|42,890|39,060||10,999|
|Dream Jar||3,686|I tJDI|5,040||547|
|Andrew<br>and Charlotte Dixon||1,662|1740|3,000||f98)|
|The Edwin John Easydorchik|||||||
|Travelling<br>Scholarship||18,974|5,330|4,000||20,304|
|Enviresearch||11,040||11,040|||
|Evangelical||14,365|7,783|||22,148|
|Express Enterpri se||2,461|1,093|3,000||554|
|FARNE||33,035|22,402|4,50D||50,937|
|David &Gitta Faulkner||625|1,965|||2,590|
|Fausta and Rosemary|||||||
|Community<br>First|||||||
|Fergusons ofBlyth||16335|7,182|15,630||7,887|
|Fogo Community<br>First|||||||
|Gateshead Thrive||||(9,710)|9710||
|David Goldman<br>Awards|||27,601|27,601|||
|Allison Greeniees Contmuation|||5,699|3,000|2,699||
|The EDF Energy Green Rigg|||||||
|Wind Farm Community|Benefit|40,127|40,896|32,136|3,600|45487|
|The EDF Energy Renewables|||||||
|Barmoor Windfarm<br>Community|||||||
|Benefit||I19390||91,863||27,427|
|Jackie Harl Fund for Scotswood||3,018|2,083|4,000||1,101|
|Henderson<br>Family||932|1769|||2,201|
|Heyman<br>Travelling<br>Scholarships||27,713|9,484|39,038||(I,841)|
|Joy Higglnsoo<br>Fund<br>f'or|||||||
|Children<br>North East||5,950|1,327|1,000||6,277|
|High SheriffofNorthuinberland|||||||
|Youfh Against Crime Scheme||53,788|81,347|42,000|48428|44,607|
|Hokey Cokey Community|Fimt||||||
|Hoult Family Community|First||||||
|Hoult Family Grsssroots||724||2,990||202|
|The Huntelpemberton|||||||
|Conununity<br>First||7,698|2,858|||3326|
|JesDesStaff||17|1,909||||
|RWE Renewables<br>UK Kiln Pit|||||||
|Hill Wind Farm Community||6,284|23453|6322|2,123|21,192|
|Josephs Family||65|1,232|||1,297|
|JPMorgan||4,789|2,262|||7,051|
|Kellett||368,921|350,528|398,15D||321,299|
|Kerry Community<br>First|||||||
|Endowment||4,489|1,524|3,500||2,513|
|Kerry Grassroots||8,965|3,033|9,857||2,141|
|June Kin||49|3691|3740|||
|Carried<br>forvvard||1,206,630|1,080,732|1,265315|175,638|846,409|
|||||||33|





## 

## 

||||||||Other||
|---|---|---|---|---|---|---|---|---|
|||||At I April|Income||outgoitlgs|At 31March|
|||||2022|6t transfers|Grants|42 transfers|2023|
|||||f|f|f|f||
|Brou<br>t forward||||I 206630|I 080732|I 265<br>15|175638|846409|
|Lstterford||||1,768|661|||2,429|
|Lcndrurn<br>Community||First||8,854|2,102|7,439|4,000|(483)|
|Capt. C33.Lcyland||||7,765|3,796|1,346||I0415|
|Linden Community|First||||||||
|Local Envirorunental||Action||28,806|13,995|16rt97||25,804|
|George Loggic||||1397|1,166|1,744||719|
|Lady Betty Martin Fund within|||||||||
|the North East Fund|for the||Arts|10,034|7,819|15,846||2,007|
|Grigor MoClelland<br>Community|||||||||
|First||||804||||804|
|Moor|||||1495|1,595|||
|Nash||||981|9,542|8,679|1,844||
|NEF Grassroots||||5,014|1,575|||6,589|
|NET Coronavirus<br>Appeal||||2||||2|
|Newcastle<br>Culture<br>Investment||||26369|622,620|599,339|22400|27,350|
|Newcastle<br>Dispensary||Relief in|||||||
|Sickness||||414|3,833|3.322||925|
|Nonh East Fndowment||for|||||||
|Musical Traditions||||9,174|6,030|1,865||13,339|
|North East Fund for|the Arts|||7,137|5,898|13,627||(592)|
|North East Social Investment||||2,380,000|||50,000|2330,000|
|Northern<br>Angel Fund||for|||||||
|Berwick||||5,488|24,578|28,500||1,566|
|North Tyneside|||||1,719|1,750||(31)|
|Northumberland<br>Group||||66,946|31,584|31,885||66,645|
|Northumberland<br>Village Homes|||||||||
|TI1lst||||80,721|109,623|182,154|10,000|(1,810)|
|Northumberland<br>Wildlife Trust|||||1,710|1,710|||
|Out 4t About||||10,694|4,9&3|10,000||5,677|
|The Pargiter Trust|||||80,000|72,DDD|8,000||
|Anne a David Parker||||415|9,957|9,000|275|1,097|
|Partntsship<br>programme||||65/41||||65341|
|Patch||||6,801|14,301|16,000||5,102|
|Pca Green Boat Community<br>First||||1,005|33,304|35310||(901)|
|Pcna Palette Club Fund within|||||||||
|the North East Fund|for the||Arts|7,665|4,526|6,989||5,202|
|Percy Family||||10,337|8,674|7,000|5,DDD|7,011|
|Philanthropy<br>House||||749,893||||749,893|
|Playschemes|||||194,761|171377|250|23434|
|Platten Family<br>Community<br>Port ofTyne|||First|463<br>1,735|(3)<br>16,790|16,846|460<br>1,679||
|Prudhce League ofFriends|||||3,462|0||3,462|
|Geottrey<br>and Ann Purves||||1,433|1,476|2,000||909|
|Ray Wmdpsrm<br>CIC|Small||||||||
|Grants Programme|||||110,232|26,913|10,000|73,319|
|Ray Wind Faun Small||Grants|||||||
|Programme|||||2,129|(8,534)|11,268||
|Readman<br>Commumt||First|||||||
|Cerned<br>forward||||4,704,791|2,415,170|2,547,814|300,914|4,271,233|
|||||||||39|





## 

## 

|||||||Other||
|---|---|---|---|---|---|---|---|
||||At 1 April|Income||outgolllgs|At 31March|
||||2022|&transfers|Cnants|&transfers|2023|
|||||f||f||
|Brou<br>t forward|||4,704791|2415 170|2 547814|300914|4271<br>3|
|Readman<br>Family Grassroots|||59rr22|67,362|56,636||70,648|
|Readman<br>Foundation|||37,221||||37,221|
|Carrie Reay Grassroots|||1,588|3,698|3400||(214)|
|REEDS Community<br>First||||||||
|REEDS Grassroots|||31,476|27412|29355|5,000|24,133|
|Riddell Family Community||First|(362)|18,425|13,477|5,000|(414)|
|Riding Grange Grassroots|||4,579|3,055|4,500||3,134|
|Ringtons<br>Community|First|||||||
|Jane Robenson Alnwick|||$,396|7,735|9,000||7,131|
|Roseiine Foundation|||21,250||17,000|4450||
|Brian Roycroa|||7,657|15,951|15466|21|8,321|
|RWE Innogy UK Mtddltsnoor||||||||
|Wind Farm Community|||20,527||15,199|5327||
|Sage Gateshead||||662rt61|662,961|||
|Smail Family|||1495|4419|5,750||(236)|
|Sowler Family UK Charitable||||32,929|26,695|3,951|2383|
|Spriggs Family Community||||||||
|First||||||||
|Shohba &Trikoli Srivastava||||||||
|Community<br>First|||||||317|
|Sunderland<br>industrial|&|||||||
|Reformatory<br>School|||895|1,307|350||1,852|
|Suz Grassroots|||4,974|1,563|||6,537|
|Taylor|||9,284|18,939|25,000||3323|
|The South Tyneside Know Your||||||||
|Neighbourhood||||159,978|135,333|8433|16,112|
|Third Sector Trends|||3,993|19,000|||22,993|
|Thornton<br>Farci'ly Grassroots|||2,704|3,770|4,997||977|
|Tiny Lives||||95,139|95,139|||
|Tyne &.Wear High Sheriff||||||||
|Awards|||19332|41,101|48,750|4,127|7,556|
|Tyne & Wear High Sheriff||||||||
|Community<br>First||||||||
|Tyne & Wear Grassrcots|||1,670|788|||2,458|
|Ventient<br>Sisters North|Steads|||||||
|Wind Farm Community|Benefit||152,757|172,640|135,098|15,694|174,605|
|Vicky FGrassroots|||3,619|1,311|||4,930|
|Virgin Money|||262|3,379||2,818|823|
|Vital Gateshead|||11,512|7,823||19,000|335|
|Vital Newcastle|||32,050|6,939|12,970|21,000|5,019|
|Vital North Tyneside|||8,529|2,094|4,230|6,000|393|
|Vital Nortbumberland|||26,073|17,823|10,000|33,633|263|
|Vital South Tyneside|||212|1,679||1,$85|6|
|Vital Sunderland|||39,030|8,084||19,800|27,314|
|Ted Weekes|||19,682|12,506|15,434|9|16,745|
|The Weuesley<br>Trust|||165,845|291,742|353,524|59,728|44,335|
|The Wellesley<br>Trust||||||||
|Communi<br>First||||||||
|Carried forward|||5,400,826|4,126,576|4,248,178|519,190|4,760,034|





## 

## 

||||||||||Other||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||At I April||Income|||olltgolllgs||At|31||March|
|||||2022|k|transfers||Grants|41transfers|||||2023|
|||||||f|||||||||
|Brou<br>ht forward||||5 400 826|4|126576|4|48 178|519,190|||4|760034||
|The 1989Willan Charitable|||||||||||||||
|Trust||||3,696||742,350||698,258|37,850|||||9,938|
|Mark and Ian Wilson Family||||5,161||2,189||4,000||||||3,350|
|Wood||||6,585||6,921||5,000||||||8,506|
|CH Wood||||||4,777||||||||4,777|
|Women' s||||13308||32,539||||||||45,847|
|Women's<br>Community<br>First|||||||||||||||
|Youn<br>Musician's||||77||6537||7230||||||I 584|
|Total Commun'<br>Foundation||||5431 53|4|21889|4|962666|557040|||4||4036|
|Joseph Brough Charitable|Trust|||63326||45,176||82,130|30|||||26,242|
|Tyne and Wear Foundation|||||||||||||||
|Trust||||23,733||19,500||19,705|85|||||23,443|
|Tyne 84 Wear Foundation|||||||||||||||
|Limited||||30||||||||||30|
|Total Grou||||551<br>782|4|8<br>565|5|064501|557 155|||4,883,691|||
|Income and transfers<br>include||credits off1392,028 transferred<br>from thc main and ethical<br>endowment|||||||||||||
|funds and 669,915from Community<br>First funds to distribute<br>as income on a total returns basis||||||||||and|||||
|5307605ofother transfers.||Other outgoings<br>include transfers<br>between||||||I'unds of5475 848, arnortisation|||||of||
|Programme<br>Related Investments|||of650,000 and other|||fund expenses||off31307.The Women's||Fund|||||
|indudes<br>income gum People of|||Ward Hadaway<br>in memory ofSue Watts fund,||||||Fausta and Rosemary||||||
|Community<br>First fund and|Pamela|||and Dorothy<br>Denharn<br>fund, Brian||||Roycroii fund includes income &om|||||||
|the Tessa Hide fund, Local|iEnvironmentaI<br>fund includes income||||||from|Ivy and Gilbert Purvis fund|||and||||
|Sandra King Rainy Day fimd, and High Sheriff ofNorthumberland|||||||Youth fund||includes<br>income|from||the|||
|Bumell Family and Conununity|||First funds.||||||||||||



## 

|dit.||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Other|||
||||At|1 April|Income||outgoings|At|31March|
|||||2822|K transfers|Grants|&transfers||2023|
|||||5|6|f|5|||
|Adderstone||||4,937|11,599|16,000|||536|
|AJM||||898|1,103||||2,001|
|Anonymous||||11,215|3,114|10,000|||4,329|
|Appietree||||4,077|22,533|23,213|2,000||1,397|
|Ashington|Community|||||||||
|Development||Trust||8, 1.27|3,611||||11,738|
|Barley Hill||||99|3,718|3,000|||817|
|Barnes||||1,809|7433|8,860|||182|
|Christopher||Beadle||1,548|5,103|3,025|||3,626|
|Charles Robert Bell||||10 06|14040|10400|||14 146|
|Carried<br>forward||||43316|72.054|74,498|2,000||38,772|





## 

## 

## 

|||||||Other|||
|---|---|---|---|---|---|---|---|---|
||||At I April|Income||outgoings|At 31|March|
||||2022|&nzmsfers|Grants|&transfers||2023|
||||8||||||
|Brou<br>t forward|||43<br>16|72 054|74 498|2 000||38772|
|John Bell|||119492|62,858|102,852|24,999||54,599|
|Bellway|||812|2,877||||3,689|
|Sara Alexandra|Bern stone||51|4,866|4,978|||(61)|
|Bones Machine|Company||1,097|1,802|1,5DD|||1399|
|Ron and Louise|Bowey||(2,099)|36,587|(602)|6,190||28,900|
|Davm Brown|||759|1,368|1,797|||330|
|Stephen ayers|||27|7,744|4,720|||3,051|
|The Muriel Campbell|||3,027|1,474|1,990|||2,511|
|Carr-Ellison<br>Charitable||Trust|7.995|20,645|22,050|2,500||4,090|
|Carroll Savage|||1,246|5,964|6,796|||414|
|Chrysalis|||528|1,846|1,480|||894|
|Daphne &Martin Cookson|||5$4|5,123|5,762|||(55)|
|Roland Cookson|Fund|for the|||||||
|Charlotte<br>Straker Project||||67,933|67,933||||
|Roland Cookson|Community||3,104|20334|18,112|1,751||3,574|
|Coquet|||3,671|30.000|7,500|3,600|22,571||
|Coronavirus<br>Response||and|||||||
|Recovery|||6cr55||6,955||||
|Coat-of-living||||390 rt08|385,801|2,495||2,612|
|Crozier||||5,166||5,166|||
|Curtain PARP|||27,510|46,139|56,932|110||16,607|
|John D Endowment|||(1,742)|12,910|13339|||(2,071)|
|Dickon Trust|||(1450)|71,803|69372|||881|
|Elgon|||4367|1,077|5,000|||444|
|Fogo|||39,596|34,184|60438|5,000||8442|
|George and Peggy|||2,688|5,485|7,070|||1,103|
|Adrian<br>and Ingrid Gifford<br>The Giving Network|||885<br>9490|1,094<br>21~2|20,514|959||1,979<br>9,479|
|Margaret<br>and Dorothy|||||||||
|Gordon Memorial||||1,206|1,206||||
|Groves Family|||7,147|5,264|7,750|2,000||2,661|
|Michael and Christine|||||||||
|Heppell|||9,883|3,152||10400||2,535|
|Bill and May Hodgson|||4,000|16,764|16,000|5450||(486)|
|The Hokey Coltey (that'||s|||||||
|what it's all about)|||1,916|3,688|3,354|1,000||1,250|
|I'An son Femily<br>Ifonly...|||4,242<br>291|2,696<br>1,486|1,777|||6,938|
|SirJames Kaon||||2,116|2,116||||
|John Laing|||(70)|5,045||||4,975|
|William Leech Charity|||32,720|25,0D6|52,480|3,000||2,246|
|Lomb Challenge|||4,159|3,057||7416|||
|Linden Family<br>FB&PFBI.ough|||(3,539)<br>15,188|105,349<br>100,213|75316<br>111,83D|30,000<br>5,00D|(3,5D6)<br>(1,429)||
|Grigor McClel!and|||46,333|14,941|39,984||21,291||
|Daisy Marr|||1,612|28,523|21,950|||8,185|
|Maudslay<br>Family|||1,361|2307|1,361|||2,307|
|G S May Family|||2,004|6,471|1,500|2,500||4,475|
|Mclntosh|||700|I<br>22||2 222|||
|Carried forward|||399,656|1/62,609|1483,411|123,458|255,396||
||||||||42||





## 

## 

|||||||Other||
|---|---|---|---|---|---|---|---|
||||At 1Aprg|Income||outgoings|At 31March|
||||2022|rk||&transfers|2023|
|||||transfers||||
|||||f||||
|Brou<br>ht forward|||399656|1262,609|83 411|123458|255<br>96|
|Mlbum<br>Briel|||1,448|13,204|6,255||8297|
|Muckle LLP|||35432|44.734|62,930|5,005|12231|
|Naylors<br>Gavin Black||||1,373|||1373|
|Newcastle<br>Building||Society||||||
|Conununity|||6,354|225,233|281,958|14,8S4|(65.255)|
|Emma Newton|||3rt69|4,908|6,793||2,084|
|North East Brewers|||12 t364|6,126||19,090||
|Northern<br>Gas Networks||||||||
|Community<br>Partoering||||57,500|36,246|7,500|13,754|
|Northern<br>Powcrgrid|||(246)|15,815|15,000|1,000|(431)|
|Northumbrian<br>Water|||6,702|6,066|11,076||1,692|
|Opencast Charitable||||44,969|40,472|4,496|I|
|Pattinson Estate Agents|||7,100|6,485|8,000||5,585|
|Platten Fmnay|||500,07I|117,693|160,608|19,125|438,031|
|PricewaterhouseCaopers|||468|1,818|||2286|
|Prime|||(7,525)|163,692|144244|20,000|(8,077)|
|Proud foot Family|||905|1,400|||2205|
|PdtG|||(6,129)|55.167|49237||(199)|
|Guy Readman<br>endowment|||458,054|125273|224,709|15,000|343,618|
|Matthew<br>Ridley|||926|1,141|||2,067|
|Ringtons|||4,698|55,803|60,153||348|
|Rolls-Royce|||421|2,531|||2,952|
|St Cuthbert*s|||13,745|2,050|16,000||(205)|
|John ScBarbara Sadler Jt||||||||
|Jeancttc Henderson|||1,742|5,6!0|5,500||1,852|
|Johnnie<br>Sr Trtcta Smith and||||||||
|Family||||4202|4,500||401|
|Barry a Fags speker|||1,474|1209|1,700||983|
|Spriggs Family|||1,737|1212|2,949|||
|Squires Foundatton|||(3262)|41,411|34249|3,966|(66)|
|Shobha and Triloki Srivastava||||||||
|Grassroots|||1,458|2,853|1,000|3,000|310|
|Star|||7,965|9,604|12,500|3,000|2,069|
|Rod Jk Rosemary|Taylor|||||||
|Family||||25,000|22400|2,500||
|The Temple||||50282|45260|5,021|I|
|Toss|||7,775|3,014||5295|5,395|
|Brian a Iviargaret|Thompson||90|1,48]|1,571|||
|Thorn e rk Derrick|||16,868||16,868|||
|Treeline|||1274|3,292|3,000||1,566|
|Vaux|||17,222|8,139||25,000|361|
|Ward Hadaway|||1,018|8,822|7,000|600|2,240|
|Watkin Family|||7,130|27,615|22,474||12,271|
|Weightm an|||560|1,302|1,800||62|
|Welch Femily||||1,334||1,334||
|Wide Open Road|||716|7,397|7,164||949|
|Willis Charitable|||1,016|I0424|6,500|4400|540|
|The Luc<br>Winskell||||I 125|I 125|||
|Carried forward|||1,504,595|2,431,018|2,604,752|283,874|1,046,987|
||||||||43|





## 

## 

||||||||Other||
|---|---|---|---|---|---|---|---|---|
|||At I|April|Income|||outgoings|At 31March|
||||2022||||Jk transfers|2023|
|||||transfers|||6||
|||||6|||||
|Brou ht forward||I 504 595||2 431018|2 604|752|283,874|I 046987|
|Winter Family|||(437)|15,552|15,370|||(255)|
|Robert Wood Trust|||4,597|496I|7,500|||1,458|
|Other general grant-making||293,669||223,477|78,659||194,842|243,645|
|funds|||||||||
|Total designated|funds|1,802,424||2,674,408|2,706381||478,716|1891,$35|
|Administrative|fund|834394||I 208 405||-|1,269 529|773<br>70|
|Total Communi|poundal&a|2,636,81S||3 88<br>813|2 706|Sl|I 748 245|065 105|
|Total Croa||263|18|3 $82,SI3|2 706|$1|I 74$ 45|2 065 105|



## 

|oup|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|2023|
||Rnds|funds|funds|Total|
|Investments||874,309|$8,995929|89JI69,638|
|Tangible Bxed assets|31,635|626,250||6572015|
|Current assets|2,637,055|4,879,562|284,653|7Jh)1470|
|Current<br>liabilities|(603485)|($27,8SO)|(50974)|(1,482,439)|
|Creditors<br>due aller one year||(668,550)||(668950)|
|Toad net assets|2,065,105|4,$83,691|$9329,008|96,1772I04|





## 

## 

## 

## 

|arity||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|2023|
|||funds|funds|funds|Total|
|||f|f|f||
|investments|||874,409|86,176,939|87,051,348|
|Tangible|fixed assets|31.635|626,250||657,885|
|Current|assets|2,637,055|4,803,827|126,647|7~7,529|
|Current|liabilities|(603,585)|(801WO)|(50,974)|(1)456&459)|
|Creditors|due after one year||(668450)||(668,550)|
|Total net assets||2,065,105|4,834,036|86,252,612|93,151,753|



## 

## 



## 

## 

## 

## 

|Total|Total|
|---|---|
|2023|2022|



|Turnover||
|---|---|
|Cost ofsstes||
|Operating<br>profit||
|Administrative|costs|
|Net profit||



|||||
|---|---|---|---|
|The aggregate ofthe assets and liabilities|was:|Total|Total|
|||2023|2022|
|||70|70|
|Liabilities||||
|Net assets||70|70|



|SOFA. A|suroraary of|the results ofJoseph Brough Cha|ritable Trust is shown below:||
|---|---|---|---|---|
||||Total|Total|
||||2023|2022|
|Investment|mcome||50,176|43,757|
|Charitable|accivities||(87,160)|(15,030)|
|Investment|management|costs|(7,719)|(8,231)|
|(Losses)igains<br>on investments|||(130,090)|127,829|
|Net movemeut<br>in funds|||(174,793)|148325|





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## 

|||||Total|Total|
|---|---|---|---|---|---|
|||||2023|2022|
|Assets||||2408,890|2,358,703|
|Liabilities||||(24&r80)||
|||||2&183&910|2,358,703|
|Represented||by:||Total|Total|
|||||2023|2022|
|Permanent||endowment|fund|2,157,668|2495,477|
|Restricted|funds|||26442|63,226|
|Funds||||2 183910|2@58703|



||||Total|Total|
|---|---|---|---|---|
||||2023|2022|
|Investment|income||23445|19,030|
|Invesunent|managemeat|costs|(5~7)|(6,169)|
|Charitable|activities||(232)35)|(67,491)|
|(Losses)/gains<br>on investmeots|||(60476)|21,104|
|Net movement<br>in funds|||(66,133)|(33,526)|





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||||Total|Total|
|---|---|---|---|---|
||||2023|2022|
|Assets|||843,171|912,744|
|Liabilities|||(1,000)|(4,440)|
|Funds|||842,171|908304|
|Represented|by:||Total|Total|
||||2023|2022|
|Permanent|endowment|fund|818,728|884,571|
|Restricted funds|||23,443|23,733|
|Funds|||842,171|908,304|



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|Organisation||Director/employee|Involved|Relationship|Total grants|
|---|---|---|---|---|---|
|Derwenthaugh|Boat Station|Lucy Winskell OBE||Honorary|750|
|||||President||
|Newcastle<br>University||Sarah Qlendinning||Court Member|30,250|
|New Writiag|North|Claire Malcolm MBE||Employee|20,000|
|North East Theatre Trust||Lucy Winskefi OBE||Trustee|11,125|
|November<br>Club||Fiona Standfield||Trustee|1,000|
|Success4A11|CIO|Stella Simbo||Employee|24,255|
|t/ONNE||Colin Hewitt||Trustee|3,035|



|Subsidiary|Natare oftransaetiou|Natare oftransaetiou||Value|
|---|---|---|---|---|
|Joseph Brough Charitable|Paid Community|Foundation|for administrative|5,000|
|Tttlst|services||||
|Tyne &Wear Foundation|Paid Conununity|Foundation|for administrative|4,045|
|Trust|services||||





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|4<br>Cash flow information<br>for the Group|4<br>Cash flow information<br>for the Group|4<br>Cash flow information<br>for the Group||||
|---|---|---|---|---|---|
|conciliation<br>ofnet income to net cash liow from operating|||acuvtttes|||
|||||2023|2022|
||||||f|
|Net (expenditure)/<br>income||for the year||(7JI5322)|2,039,696|
|Adjustments<br>for.||||||
|Receipt ofendowment||||(874)489)|(1317,427)|
|Depreciation<br>charges||||33,169|33,402|
|Losses/(gains)<br>on endowinent||investments||4,4322180|(5,813,762)|
|Decrease/(increase)<br>in|assets|held for resale||14e000|(14,000)|
|Loss on tgsposal offixed assets||||||
|Losses on prognunme|related investments|||50,000|142,000|
|Dividends<br>and interest|1'roin|uvestments||(2,163,131)|(1,841,153)|
|Decrease in debtors||||12r095|2,824,669|
|(Decrease)/increase<br>m|cmditors|||(400,783)|694,710|
|Net cash used in operating||activities||(6,811~1)|(3,251,559)|



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|||2023|2022|
|---|---|---|---|
|Cash at bank and in hand||2,I21~|3,761,173|
|Short-tenn|deposits|5,569,806|5,543,905|
|Total cash|and cash cquivaknts|7,691,172|9005,078|



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