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|Referen|ce and Administrative
I|ce and Administrative
I|ce and Administrative
I|nformation|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Charity|Name||||East Durham|Community|||Initiative|Limited|
|Charity|Number||||701917||||||
|Company||Number|||02317743||||||
|Charity|Trustees||||William
Finkle||Acting Chairman||||
||||||Sarah Mather||Vice Chairman||||
||||||Deborah
Finkle||Secretary||||
||||||Anita Brown||||||
||||||Kevin Jeffress||||||
|Registered|||ONce and Principal|Address|Jobling House||||||
||||||Vane Terrace||||||
||||||Seaham||||||
||||||SR7 7AU||||||
|Bankers|||||Barciays Bank||pic||||
||||||57 Fawcett Street||||||
||||||Sunderland||||||
||||||SR1 1SD||||||
|Accountants|||||Jacs Accountancy|||Limited|||
||||||35Seaside Lane||||||
||||||Easington
Colliery||||||
||||||Peterlee||||||
||||||SR83PG||||||
|Independent|||Examiner||Adam James|MAAT|||||
||||||Eric Southwick||&|Co|||
||||||Accountants||||||
||||||51 The Avenue||||||
||||||Seaham||||||
||||||SR78NS||||||
|Solicitors|||||Morton s||||||
||||||Solicitors||||||
||||||11 Marlborough||Street||||
||||||Seaham||||||
||||||SR77SA||||||
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||||S|Unrestricted|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2023|2022|
||||||E|8|8|
|Income and endowments||from:||||||
|Donations|and legacies||3||26.245|26,245|357,613|
|Charitable|activities||4|793.077||793.077|482.924|
|Investments|||5|18||18|1,687|
|Total||||793.095|26.245|819.340|842.224|
|Expenditure
on:||||||||
|Charitable|activities||6|718.211||718.211|485.842|
|Total||||718.211||718.211|485.842|
|Net income/(expenditure)||||74,884|26.245|101,129|356,382|
|Net movement|in funds|||74,884|26,245|101,129|356,382|
|Reconciliation|of Funds|||||||
|Total funds
brought
forward||||227,276|355.113|582,389|226,007|
|Total funds carried forward||||rllX3821|381.358|883.518|582.388|
|As at31"INarch|2023||||||
|---|---|---|---|---|---|---|
|||||2023||2022|
|Fixed Assets|||||||
|Tangible assets||9||648,948||648,923|
|Total fixed assets||||648.948||648.923|
|Current assets|||||||
|Cash at bank and in|hand||72.918||136.531||
|Other Debtors|||26,245||||
|Total current assets|||99,163||136.531||
|Current
Liabilities|||||||
|Creditors: Amounts|falling|due|||||
|v ithin one year||10|64,592||203.065||
|Net current assets||||34.570||166,534)|
|Total assets less current
Net assets||liabilities||683.518
683.51I3||582,389
~82.389|
|The funds ofthe charity|||||||
|Restricted income funds||11||381.358||355.113|
|Unrestricted
income|funds|12||302.160||227.276|
|Total charity funds||||683.518||582.389|
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|3|income|and|e|n|dowments|from:|Donations|and|legacies|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted||Restricted|Total funds|Total funds|
||||||||funds||funds|2023|2022|
||||||||E||E||E|
||Apprenticeship|||grants|||||||2,500|
||Big Issue||||||||||25,000|
||Other Donated|||Income|||||26.245|26.245||
||County
Durham||||Community|||||||
||Foundation||||||||||305,113|
||Total||||||||26.245|25.245|332.513|
|4|Income|and|endowments|||from|Charitable|activities||||
||||||||Unrestricted||Restricted|Total funds|Total funds|
||||||||funds||funds|2023|2022|
|||||||||||E||
||Housing|rental|||||609,310|||609.310|417,781|
||Contributions||||||2.354|||2.354|1,234|
||Durham|County|||Council|||||||
||Support|payments|||||181.412|||181.412|63,909|
||Total||||||793,077|||793,077|482,924|
|5|Income|and|endowments|||from:|Investments|||||
||||||||Unrestricted||Restricted|Total funds|Total funds|
||||||||funds||funds|2023|2022|
|||||||||E||E|E|
||Properly|rental||income|||||||1.647|
||Bank interest||receivable|||||18||18|40|
||Total|||||||18||18|1,887|
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|Expenditure
on: Charit|able
ac|tivities||||
|---|---|---|---|---|---|
|||unrestricted|Restricted|Total funds|Total funds|
|||funds|funds|2023|2022|
||||6|6||
|Purchases
and other cost|of sales|1.537||1,537|411|
|Wages||272,467||272.467|228,785|
|Pension costs||3.694||3.694|3,022|
|Training
and Welfare||7,319||7,319|676|
|Travel &subsistence||1,258||1,258|5.216|
|Motor expenses||10,053||10,053|2.719|
|Rates and v,ster charges||5.357||5,357|4.239|
|Light, heat and po ver||4.470||4,470|4.163|
|Cleaning
and waste management||8.504||8,504|4.441|
|Premises
repairs. renewals||||||
|and maintenance||80,711||80.711|16,266|
|Property insurance||1.928||1.928|1.503|
|Office rent||3.240||3.240|6.247|
|Entertaining||726||726||
|Equipment
expensed||580||580||
|Telephone.
fax and internet||2,541||2,541|2,049|
|Postage||174||174|528|
|Stationery and printing||1,195||1,195|1,209|
|Membership
subscrlptlons||35||35|35|
|Advertising||120||120||
|Sundry expenses||5.082||5.082|1.306|
|Sofruare||492||492|320|
|Accountancy||2,738||2.738|2.428|
|Independent
examination|fees|875||875|875|
|Other legal and professional||4.080||4.080|5.200|
|Interest - Loan. Leases &|HP|3.515||3.515|53|
|Bank charges||229||229|1.669|
|Depreciation
and amortlsatlon||3.739||3.739|3.589|
|Charity||400||400||
|Selective licence||14.763||14,763||
|Rent paid||276.390||276.390|188,893|
|Total||718.211||718,211|485,842|
|Total|Total|Total|||71|8.211||7|18,211|485,842|
|---|---|---|---|---|---|---|---|---|---|---|
|Employee
information|||||||||||
|No employee|received||emoluments||in|excess|of 260,000 during||the year (2022 nil).||
|Employee costs during|||the period were|||as follows:|||||
||||||||||2023|2022|
|||||||||||6|
|Wages and salaries||||||||272.467||217.141|
|Social security|costs||||||||13.847|11.644|
|Other pension|costs||||||||3.694|3,022|
|||||||||290.007||231.80i|
|The total number||of people||employed||during|the period|was 15,|the average|full-time|
|equivalents
were as follows:|||||||||||
||||||||||2023|2022|
||||||||||6|6|
|Charity staff|||||||||15.0|10.0|
|
No trustee
received
remuner
during the year.
FixedAssets|ation|(20|22: none|) or was reimbu|rse|d
expense|s|: n)|
|---|---|---|---|---|---|---|---|---|
|||||Freehold||Veh)cles||Total|
|Cost or valuation
At 01 April 2022||||property
f
654.199||47,204
13.250||f
701.403
13.250|
|Additions||||||(12.650)||(12.650)|
|Disposal
At 31 March 2023||||654.199||47.804||702,003|
|Depreciation
At 01 April 2022
Charge for ths yea)
Disposal
At 31 March 2023||||14.763
426
15.189||37.717
3.313
(3.163)
37.867||52.480
3.739
(3.163)
53.056|
|Net book value
At 31 March 2023
At 31 March 2022||||639010
639.436||9,938
9.43B||648,948
646.924|
|||||||2023||2022|
|||||||||f|
|Net book value of revalued|tangible|fixed assets||||184.811||185.663|
|Historical cost to date
Accumulated
depreciation|to date|||||25.123
(15.189)
9.934||25.123
(14.763)
10.360|
|10 Creditors: Amounts
falling due
Creditors «1 year||within one||year||2023||2022|
|Bank loans snd overdrafts
Hire purchase
contracts
Trade creditors
Taxatlon and social security
Other creditors||||||36.576
11,632
7,292
5,834
3,257
64.592||47,678
10.703
139,390
3.796
1.498
203.065|
|11 Restricted income funds|||||||||
|||10
40|09
04||Bl||01|04
~2 «
40
63|
|||«'0
0|29
«6|6o0«|||03«
19||
|||||f||||f|
|Apprenticeship
grants
Big issue
Other Donated income||50.000||26.245||||50.000
25.245|
|County Durham
Community
Foundetk3n|305,113
355.113|||26.245||||305.113
381.358|
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|Comparativ|e|Statement|of Fin|ancial Activities|by fund type|(2022)||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|Total funds|
|||||funds|funds|2022|2021|
|||||8|E||8|
|income and|endowments||from:|||||
|Donations||and legacies|||357,613|357.613|19,460|
|Charitable||activities||482.924||482,924|309,488|
|investments||||1.687||1,687|2.461|
|Total||||484.611|357.613|842.224|331,409|
|Expenditure|on:|||||||
|Charitable||activities||483,342|2.500|485,842|300.595|
|Total||||483.342|2,500|485.842|300595|
|Net income/(expenditure)||||1,269|355.113|356.382|30.814|
|Net movement||in funds||1.269|355.113|356.382|30.814|