Charity Number
Company Number
701917
02317743
East Durham Community Initiatives
Limited
Trustees, Report
and Financial Statements
31st March 2024
'•ADTOTBUB*
0610112025.
COMPANIES HOUSE
•AtiICIABTM*
2011212024
COMPANIES HOUSE
#1511
#108

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31" March 2024
The trustees.. who are also directors for the purposes of company law present their report and
accounts for the year ended 31st March 2024. The accounts comply wtth the requirements of
the Charities Act 2011, Financial Reporting Standard 102 and follow the recomrnendations in
Accounting and Reporting by Charities.. Statement of Recommended Practic8 applicable to
charities preparing their accounts in accordane£ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Reference and Admlnistratlve Informatlon
Charity Name
East Durham Community Initiative Limited
Charity Number
701917
Company Nurn￿r
02317743
Charity Trustees
William Finkle
Acting Chairman
Sarah Mather
Vice Chaiman
Deborah Finkje Secretary
Kevin Jeffress
Registered Office and Principal Address Jobling House
Vane Terrace
Seaham
SR7 7AU
Bankors
Barclays Bank plc
57 Fawcett Street
Sunderland
SR1 1SD
Accountants
Jacs Accountancy Llmited
35 Seaside Lane
Easington Colliery
Peterlee
SR8 3PG
Independent Examlner
Adam James MAAT
Eric Southwick & Co
Accountants
51 The Avenue
Seaham
SR7 8NS
Soli¢ltors
Mortons
Solicitors
11 Marlborough Street
Seaham
SR7 7SA

East Durham Community Initiatives Limited
st
Trustees, Report and Financial Statements 31 March 2024
Chairman's statement
As the Chairman of EDCI I have constanuy reviewed and assessed the progress of the
Manager and all of the Trusts employees actions and compliance lo ensure that the full
instructions and direction of EDCI'S Trustees have been complied with and adhered too. It
gives me pleasure on behalf of the Trustee's to thank the management team and staff for their
compliance, delivery and for the excellent progress made since the last AGM. Again, I can
confirm that as a result of their commitment and hard work EDCI has, not only moved from
period of financial uncertainty to expansion of our comniunity projects and have now achieved
greater financial security whilst increasing the support of more benef￿larieS in our local
community.
Our charities new project the"Help to Rent. continues to expand providing homes and inclusion
of many more beneficiaries. thus providing tenancy security, by supporting their stated needs
to a point that they are more confident and self-sufficient to live independenuy when they move
from Ouf SUPPOrted accommodations into their forever home in social housing.
The truslees recognize the hard work and dedication of the staff in rnanaging the ser¥ices we
provide both to individuals and to organizations. and we also know that none of this is
achievable without the commitment and dedication that enables us to carry out these services.
It is impossible to emphasise enough our gratitude to the staff who give so much of their time
to support the local community. The trustees would also like to thank all the organizations who
provided financial or voluntary support. with their help and with good management we have
continued to deliver our core requirements, and so we offer sincere thanks to all our staff,
volunteers, supporters, and friends. Looking to the future. we have many new challenges, not
least in the reduction in funding for the services we provide.
At the previous AGM our Trust instructed the manager and his team to undertake a feasibility
study to convert Jobling House into 7 accommodation units. I can confirm thal all works have
been competed lo an excellent high standard. We have secured long tenn commissioning for
via 2 services that covers all the 7 new apartrnenls.
The first commissioned service.. secures all the top floor rooms (The home Base project), and
secured additional funding of 367.92 per week, per annum this equates to £95,659.
The new project in the downsiairs 2 rooms rooms wlll enable us to help more beneficiaries and
has increased our charity income by 70k and is another commissioned service from Durham
County Council.
On behalf of the Trust, I have congratulated all the staff for their hard worf< and commitment
as they have taken our Instwctions and delivered.
We will continue to be a responsible and accountable charity as this is an integral part of
dellvering our ainis and objectives as staled in our articles of association. this nol only reflected
in our culture, but also In our approach to governance and delivering our services whilst
observing our commitment to our charitable works. Our commitment to serve the local
communtties in which we operate is stronger than ever.
As the Chainnan I have monitored and maintained a robust and effective system of internal
controls and risk managemenl, these processes are an essential part of EDCI governance
stralegy and a key part of operating as a ￿spOnSible charity. I can confim) that the Board is
committed to ensuring that we not only operate effectively, but Ihat each Trustee remains
committed lo their role and continues to make a valuable contribution 10 the l)usiness.
As a Trust. we remain confident that we will be proactive in developing new strategies and take
appropriate actions in order to continue to meet the changtng needs of the communÉty and
securing new income strearns which will enhance our long-term growth prospects in our areas
of operation. This reflects our belief that we will continue to support our community future
years. William Finkle (Chaiman)

East Durham Community Initiatives Limited
st
Trustees, Report and Financial Statements 31 March 2024
Structure Governance and Mana
ement
Governing Document
East Durham Community Initiatives Ltd is a company limited by guarantee governed by its
Memorandum and Articles of Association dated 21 January 2010. It is registered as a charity
with the Charity Commission. There are currently 4 members, each of whom, together with
the subscribers. agrees to contribute £1 in the event of the charity winding up.
Recruitment and Appointmen( of Trustees
In accordance with the Articles of Association new positions were nominated. Seconded and
voted into their new roles. Our articles of association state all members will reS￿n their
positions and be voted into new posts at the Annual General Meeting. Accordingly, Vice-chair
Sarah Mather, Treasurer William Finkle. Secretary Debbie Finkel, Trustee Keven Jeffress are
now in new positions for the upcoming financial year. The next AGM meeting all members will
retire by rotstion and being eligible, offer themselves for re-election.
No remuneration was paid to the trustees during the year. nor was any expenses reimbursed
to them.
Trustee Selectlon
All trustees are familiar with the practical work of the charity and have, also, been encouraged
to consult the various Charity Commission publications signposled through the Commission's
guide 'The Essential Trustee. and the information sheets provided on the Commission's
website.
In the forthcoming year, the trustees will seek to ensure appropriate Iraining is provided for all
members of the Trusl and thal proposals are brought forward to enhance the potential pool of
the trustees. Training of trustees will be led by the Chairman and will cover..
The obligations of trustees
The main documents which set out the operational framework for the charity including
Ihe Conslitution
Resourcing and the current financial pos51ion as set Out in Ihe latest published
accounts
Future plans and objectives
Oryanlsatlon
The board of trustees administers the charity. The board meets quarterly to discuss topics
covering development, membership, finance, operational decisions, and audit. A Chairrnan is
appointed by the trustees to manage the ￿ay-tC￿daY operations of the charity. To facilitate
effective opeTalions. the Chairman has delegated authority. within terms of delegation
approved by the trustees, for operational matters including finance. employment, and special
project related activity.
Rlsk Management
The trustees actively review the major risks which the charity faces on a regular basis but
manageable risk. To mitigate this calculated risk the trustees have been pro-active in
researching new and innovative funding routes that will assist in increasing the financial
reserves whilst maintaining our charitable objectives. The trustees will continue to examine
and scan operational and business risks faced by the charity so pro-active action can be taken
to reduce or Initigate identified risks.
Ob'ectives and activities
Ensuring our work dèlivers our aims
The Trustees review our aims. objectives, and activities each year. This review looks at what
we have achieved and the outcomes of our work in the previous 12 months. The review looks
al the success of each key activity and the beneffts they have brought to those group5 of people
we are sel up to help. The review also helps us ensure our aim. objectives and activities

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31st March 2024
remain focused on our stated purposes. We have referred to the guidance contsined in the
Charity Commission's general guidance on public beneftt when reviewing our aim and
objectives and in planning our future activities. In particular. the trustees consider how planned
activities will contribute to the aims and objectives they have set.
The focus of our work
The main objectives for the year:
To continue to provide housing and support to those who are in need and the running
of training programrnes and related activities.
To actively seek grant fijnding for existing community Projects and to seek new
sources of funding to develop fvture projects to meet the changing needs of the under
supported and vulnerable members of our community.
To be proactive in scanning the shortfalls in statutory obligations by developing
eommunily projeÈts to address inequality, social exclusion and to raise the aspirations
and qualily of lrfe for under supported and vulnerable members of our community.
A number of strategies were employed lo achieve the charity's objectives. Wlthin
each of these strategies the aims are to:
Promote our existing services to additional referral sources lo maximise the impact
for the community and secure additional sources of funding streams;
Secure ongoing referrals from the main referral sources by seeking and maintaining a
network partnership that will meei the aims and objectives of all service users;
To research and develop a new community project that will reflect our aims and
articles and will provide additional support to our targeted beneficiaries.
Homeless Project: (Homèbase)
The move from ils current location to Ihe newly refurbished Jobling House has now
been completed.
To refurbishment of the old female accommodations al 20 Back North Railway Street
and hand over the propety to our Help To Rent Project has now been completed and
the new tenant moved into the propety.
EDCI was unsuccessful in arranging a £40k mortgage and use these funds as a
deposit lo purchase a another rental property for the Help to Rent project, this avenue
is now closed.
Continue to maintain and pass the high levels of quality standards as stipulated in the
tsovernment's Quality Assessment framework to ensure the charity continually meets
and exceeds the mandatory contractual requirements on these projects;
Continue to update our intemal quality audit systems to ensure the charity is
proactive in a regime of continuous improvement and evaluation of the services we
offer and deliver;
Continue to design and improve OUT policies and systems io celebrate and promote
equality and d•versity for charity members. employees and all service users;
Further positive developmenl of service user involvement by devising and
implementing a service user strategy to meet the contractual requirements of the
Government's Qualty Assessment Framework.

East Durham comm.unity Initiatives Limited
Trustees, Report and Financial Statements 31st March 2024
How our activities deliver
ublic benefit
Our main activities and who we try to help are described below. All our charitable activities
focus on the provision of housing, support and training and are undertaken to further our
charitable purposes for the public benefit.
The elements of public benefit range from:
Engaging and enhancing the learnlng opportunities and employment prOs￿ctS of
permanently excluded young people.
Assisting to reduce anti social behaviour in the community by engaging the setvice
users in positive activities.
Improving the health and wellbeing of homeless young people in the district, by
providing or facilitating accommodation-based seplices that will enhance lrfe and
coping skills for them to sustsin their own tenancies after periods of intense support.
Who used and benefited from our setvlces?
The area of actlvity Is the provislon of houslng: Beneficlaries are: 16 to 25 year old female
homeless via our female only accommodations. Clients age 18+ clients on the Help to Rent
Project.
Houslng."
The charlty stlll owns and manages an "at rlsk young female accommodation". At any one
time the charity's accommodation holds 7 young females aged 16 to 25 years old who may be
homeless andlor fleeing abuse.
The charity recognlses that the revenue Stream for this project Is Ilmited by the maximum
number of bed spaces available. However, progress has been made as we have secured a
more realistic rent payment for the accommodation provided, I can confirm that we have
successfully renegotiated and increase of rent per room form £165 per room per week, to £365,
this generous increase took 6 months to gain agreement and will come Inio force when the
clients move into the newly refurbished Jobling House accommodations.
We shall continue to support our staff by offering continuous training and counselling that will
improve our serrfice delivery to our service users.
The Help to Rent project has greatly enhan￿ our revenue stream, and increased the amount
of beneficiaries. we have largeted this project to expand over the next financial year.
Achievements and erfomiance
Various perforniance measurement tools are also used to evaluate the Homeless Projects and
again the charity is pleased to announce that in the last financial year we achieved:
A 90°/o occupancy rate at the accommodation. wllh a high proportion of young people
moved onto full time education courses or employment. and 82 % of our service users
were able to conlinue to sustain their tenancy after the support period with us had
ended.
Conlinued to take steps and actions to reduce ovefheads to a sustainable level

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31" March 2024
Financial review
Please refer lo the financial statements.
Th8 charity will continue ensure a regime of regular monitoring of the reserves.
Investment powers and pollcy
Under the Memorandum and Articles of Association. the chanty has the power to invest in any
way the trustees wish. The truslees, having regard to the liquidity requirements of operating
the charity and to the reserves policy have operated a policy of conlinuous monitoring and
improvement.
The Trust needs to continue to develop and grow to maximise financial security and to meet
the ever changes of needs and risks to our beneficiaries.
The Trust instructed the Manager and his team to undertake a new feasibility study to develop
the following expansion.
Sel up an arm's length company as an income generator to the core charity
Purchase our own housing stock.
Reserves policy
The charity's policy is to maintain sufficient liquid reserves to meet its operating costs and
obligations for a 3 month period. The Cuffent reserves although reduced still meet this policy.
Plans for future
erlods
The charity is committed to maintsining and expanding existing communty projects and will
strive to meet its existing obligations whilst developing ils fundraising strategy to meet future
trends and appropriate development activrties.
The trustees acknowledge that to maximise the benefits of its charitable activities. the charity's
alms and objectives are evolving to enable it to conlinue to meet the diverse and changing
needs of under-supported members of the community.
Trustees, res
ons5bilitles In relatlon to the finan¢lal statemenls
Company law requlres the trustees to prepare financlal statements that glve a true and fair
view of the state of affairs of the charitable company al the balance sheet date and of its
incoming resources, including income and expenditure, for the financial year. In preparing
those financial statements. the trustees should follow best practice antt.
Select suitable accounting policies and then apply them consistently.
Make sound judgments and estimates that are reasonable and prudent., and
Prepare the financial slatements on the going concem basis unless it is inappropriate
to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with
reasonable accuracy at any time the financial position of Ihe charitable company and enable
them to ensure that the financial statements comply with the Companies Acl 2006.
The trustees are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevenlion and delection of fraud and other
irregularities. The trustees, who are directors for the purposes of company law, who serve

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31st March 2024
during the year and up to the date of this report are set out on page 1. In accordance with
company law, as the company's directors, we certify thaL'
Auditors
A resolution will be proposed at the Annual General Meeting that Jacs Accountancy be
appointed as accountants to the charily for the ensuing year for the monthly management
accounts, payroll and pensions. The Accountant Eric Southwick will be the auditor for the end
of the year finance aGcounts.
This report has been prepared in accordance with the Statemenl of Recommended Practice:
Accounting and Reporting by Charities (issued in March 2005) and in accordance with the
special provisions of Part 15 of the Companies Act 2006 relating to small entities.
On completion of EDCI'S annual accounts the Trust will subrnit them for an independent
examination by a qualified auditor.
By order of the Chaimian
William Finkle

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31st March 2024
Independent Examiner's Report to the Members of East Durham Community Initiatives
Limited
I report on the accounts of the charity for the year ended 31 # March 2024, which are set out
on pages 09 to 16.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 20111the 2011 Act) and that an independent examination is needed.
It is my responsibilty to:
examine the accounts under section 145of the 2011 Act;
to follow the procedures laid down in the general Directions glven by the Charlty
Commission under section 145(5){b) of the2011 Act; and
to state whether particular matters have come to my attention.
8asls of independent examinerfs report
My examinalion was carried out in accordance with the general Directions given by the
Charity Commission. An examination includes a review of the accounting records kept by
the charity and a comparison of the accounls p￿sented with those records. It also includes
consideration of any unusual items or disclosures in the accounts, and seeking explanations
frorn you as trustees conceming any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit and, consequently, no opinion is
glven as to whether the accounts present a "true and fair view" and the report is limited to
those matters set out in the statement below.
Independent examln8r's statement
In connection with my examination, no matter has come to my attention.
(1) which gives rne reasonable cause to believe that in any material respect the
requirements
- to keep accounting records in accordance with section 130 of the 2011 Act: and
- to prepare accounts which accord with the accounling records and comply with the
accounting requirements of the 2011 Act have not been met; or
(2) to which, in my opinion. attenlion should be drawn in or(Jer to enable a proper
understanding of Ihe accounts to be reached.
Adam James MAAT
Eric Southwick & Co
Accountants
51 The Avenue
Seaham
Co Durham
SR7 8NS
Date: 1511012024
Éric
Southwick & Co
A dn5 Company
Accountanls & Charity Experts

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31st March 2024
Statement of Financial Activities (including Income and Expenditure Account)
st
For the year ended 31 March 2024
Unrestrlcted
fund•
Restricted
fiinds
Total fuftds
2024
Total funds
lricome ah'd ondowmerits from:
Donallon$ and legaclo9
Charltoble actlvltles
Investments
48,480
949.118
6.379
907,017
48.480
949.118
6.379
907,017
26.245
793,077
18
819,340
Expenditur8. on..
Charllable a¢llvill•$
Total
841,464
8'41.464
841,464
841,464
718,211
718,211
Not In¢om•l{oxpondltur•'i
Net movement In funds
65,553
66.553
65,553
65,553
101,129
101.129
R•con¢lllatlon ol Fun0$
Total lunds brought fo'Nard
Total funds carylod lorward
302.160
367.713
381.358
381.358
683,S18
749,071
582,389
683,518
The Statement of Financial Activities includes all gains and losses in the year and therefore a
statement of total recognised gains and losses has not been prepared.
All of the above amounts relale to continuin9 activities.
The notes on pages 09 to 16 foTm part of these accounts.

East Durham Community Initiatives Limited
st
Trustees, Report and Financial Statements 31 March 2024
Balance Sheet
As at 31" DAarch 2024
2024
2023
Flxed Ass•ts
Tanglble 0$s8ls
Total Ilx•d os8•ts
Current assets
Cash al bank and In hand
Olher 0oblo(s
Tolal current assèts
Currenl Llablljtles
Cr¢dllof5.' AJnounts l•lllng du•
williin on• year
6S7.763
657.763
648.948
648.948
204,720
72,918
26.245
99.163
204.720
10
2'0,619'
6'4,592
N•t current Ks•ts
184,101
34,570
Tolal •$s•ts l•s% cuff•nt lJabllltl•s
841.864
683,518
Cf•dllor5'. knioun15 lallln9 du•
•ft•r mor• th•n om y•ar
{92,793)
Net assets
749.071
683.518
Th• lund$ ol tho ¢Mrlty
Re$lrl¢ted Income liinds
UnfgStrlcl•d Income fvnds
Totsl cV4'•11ty lu'rid•
12
13
a81.358
302.160
683.S18
367,713
749.071
The financial statements were approved by the trustees, aulhorised for issue and are signed
on their behalf by:
Sarah Mather
Trustee
The notes on pages 09 10 16 fom part of these accounts.
10

East Durham Communllty Initiatives Limited
Trustees, Report and Financial Statements 31sI March 2024
Notes to the accounts
1 Accounting policies
In preparing the accounts the following accounting policies have been complied with:
a) The financial statements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of RecDmmended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effecltve 1 January 2019) -
(Charities SORP FRS 102). the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) and the Charities Act 2011.
b) Assets and liabilities are initially recognised al historical cost or transaction value
unless otherwise stated in the relevant accounting policy or note.
c> Unrestricted funds are available for use at the discretion of the trustees in furtherance
of the general objectives of the Trust. Unrestricted ￿ndS include a revaluation reserve
representing the restatement of freehold propety at market value.
d) Designated funds are unrestricted funds earmarked by the Trustees for particular
purpose5.
e) Restricted funds are subj8Cted to restrictions on their expenditure imposed by the donor
or through the terms of an appeal.
All incoming resources are included in the Statement of Financial Activities when Ihe
Trust is entitled to the income and the amount can be quantified with reasonable
accuracy. The following specific poliGies are applied to particular categories of income..
i) Donations and legades are received by way of grants, donations and gifts and is
included in full in the statement of financial activities when receivable. Grants,
where entitlement is conditional on the delivery of a specific performance by the
Trust, are recognised when the charity becomes unconditionally entitled to the
grant.
ii) Income and endowments from charitable activities is accounted for when the letting
or activity takes place and deposits received during the year in respect of future
periods are carried forward as deferred income.
lil) Other Irading income from the shop is accounted for when eamed.
iv) Investrneni income is included when receivable.
v) Donated services and facilities are included at the value to the charity where this
car) be quantified. The value of services provided by volunteers has not been
included in these accounts.
g) Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot be fully recovered. and is reported as part of the
expenditure to which it relates-
i) Expenditure on raising funds comprise costs ass(Kiated with attracling voluntary
income, including costs of trading for fundraising purposes induding Ihe charily's
shop.
ill Expenditure on charitable activities comprises those costs incurred by the charity
in the delivery of its activities and Ser￿1GeS for its beneficiaries. It indudes both
costs Ihat Gan be allocated directly to such activities and those cosls of an indirect
nature necessary to support them.
iii) All costs are allocated belween the expenditure categories of the Statement of
Financial Aclivities on a basis designed to refiecl the use of the resource.
h) All fixed assets a￿ initially recorded at cost.
i) Depreciation is calculated so as to write off Ihe cost of an asset, less its estimated
residual value. over Ihe useful economic lrfe of that assel as follows:
Freehold property
2 % , straight line
Plant and machinery
25 /0 Straight line
Motor vehicles
25°/o slraight line
11

East Durham Community Initiatives Limited
Trustees, Report and Financial Ststements 31st March 2024
Notes to the accounts (Continued)
1 Accounting policies Icontlnued)
j) The charity operates a defined contribution pension scheme for employees. The
assets of the scheme are held separately from those of the Trust. The annual
contributions payable are charged to the siatement of Financial Activities.
k) Rentals paid under operating leases are charged to the Statement of Financial
Activities on a straight line basis over the period of the lease.
2 Taxation
The charity is exempt from laxation on its income and gains where they are applied for
charitable purposes. Irrecoverable VAT is included in the cost of the goods or services on
which it was charged.
3 Income and endowments from: Donations and legacies
ilnrn51rtctod Ro5tsictod 'T¢Jtal ￿nd
fun
2024, funds 2023
. Appr8nlictÉhlp gfants.
0lhBr Grnn
Olher QonHled IF>tom•
Tol31
48.4
rt8",480
&3.245
8'.480
4 Income and èndowments from: Charltable activllies
Unrè8trlct•d
funds
Restrlclod
lunds
Total funds
2024
Totsl lunds
2023
Houslng renlal
Contnbutloh's
Cds18 Béd
Errièig•ri¢y Rooih
Outham Counly Councll
Suppart paymanls
Total
803.239
3,679
70.000
720
803.239
3,679
70,000
720
609,310
71.480
949.118
71,480
949.118
181.412
793,077
5 Income and endowments from: Investments
Uthrnslrlthd RèÈtrietsd Tiiial lunds
funds
fun
2024 Total fund$ 1023
P(oporfy fen&J ini4J
Enorgw VuuGhEIs
Bank iThterest T￿1v&
6317
45
17
6317
45
17
18
Totsl
IB
12

East Durham Community Initiatives Limited
st
Trustees, Report and Financial Statements 31 March 2024
Notes to the accounts (Contlnued)
6 Exponditure on: Charitable 2Ctivitles
Unr•strfcted
lund8
R•strlcted
fi￿d3
Total lund$'
2024
Tot41 lunds
2023
PLsrcha4s and other cost ol sal•$
Wages
P•nslon co$t$
Tralnln9 and Wollor•
Travel & subslstence
Motor •yptn$•s
Rata8 and wat•r chary•s
Ught. heal and power
Cloonln9 •nd wagt• rn•nag•m•nl
Premi805 repatss.. r•rfwtals
and malntenance
Prop•rty Insuranc•
otor InsLtTanc•
Officg Tenl
Enlertalrlng
equlpménl exp8ns•d
Tèl8phone, and Inteffl•t
Posta9
siallongry and prlnllng
Mombershlp MbKrtpttoM
Advert￿n9
Sun¢Jry •xpens•s
Softwur•
Accounlanty
Indèpendènt •xarnlnaUon lees
Olher *ol and prolesslonal
Iht•i¢st- Lo4n. L••Jés & HP
Bank ¢har9•S
Orn¢•' Fumllufl
Ponallles
Depr¥¢lallon 8nd •mortlsJUon
Chathy
Selècllv• Ilc•n¢•
Woth W•ar
R•nt
Totsl
2.486
327.99S
4,680
7.499
2,486
327,99S
4,680
7,499
1,537
272,467
7.319
1,258
10,053
5.357
4,470
8,504
16,330
4.134
19.545
6,791
16.330
4.134
19.545
6,791
53.153
2.830
2.146
53.163
2.830
2.146
80,711
1,928
3.240
726
S80
2.S41
174
1,195
35
120
679
2.379
197
970
433
679
2.379
197
970
433
2.0?5
445
3.498
87S
549
13.09J
236
588
750
6,475
200
1.245
g.075
44S
3.496
875
549
13.096
236
588
750
6,475
200
1.245
161
359,028
841.464
492
2,738
875
4.080
3,515
229
3,739
400
14,763
359.028
841.464
276.390
718,21
7 Employee Information
No employee received emoluments in excess of £60,000 during Ihe year (2023 nil).
Ernployee costs during the period were as follows..
2024
2023
Wages and salarfe$
Soclal secu(ty ¢o$ts
other pension costs
310,315
272,467
17.679
13.847
4,680
3.694
332,674
290,007
The total number of people employed during the period was 17, the average full-time
equivalents were as follows:
2024
2021
Cnarlty Statr
17.0
15.0
13

East Durham Community Initiatives Limited
Trustees, Report and Financial Statements 31st March 2024
Notes to the accounts (Continued)
8 Trustee Information
No trustee received remuneration (2023.. none) or was reimbursed expenses (2023: nil)
during the year.
9 Fixed Assets
Freeh'old
prop•rty
Vehl¢l•s
Total
Cost or valuatlon
At 01 April 2023
Additions
Disposal
At 31 March 2024
Depr•¢latlon
At 01 April 2023
Charge for the year
Disposal
At 31 March zog4
N•t book valuè
At 31 March 2024
At 31 March 2023
654.199
890
47.8Q4
14,400.
702.003
15.290
655.089
82.204
717.293
15.189.
438
37,867
6.037
53.058
6.475
15,827
43.904
59.531
639 482
639 010
857 763
648.948
9.938
2024
2023
Net book value of revalued thngibl& ￿ed assets
184 373
184811
Historical cost to date
Accumulated depreciatton to dale
25.123
{15.827}
9.498
25,123
(15,189)
9,934
10 Credltors: Amounts falllng due wlthln one year
Cr•dilorn <,1 y•ar
.Z023
Bank loan5 and ¢)vordiaRs
Hir* purchBsp (*nlr*ts
T￿1& u0d(tQ75
Tax4l*DTr and 50¢kn1 Ier￿rfty
Olhet Gredil.urs
6'.303
J.494
1.338
6.436
1.989
20,619
36,S78
11,832
72Y2
5.834
2,257
64,592
11 Creditors: Amounts falling due after one year
C￿dI10t¥ > I￿*T
2023
Hlrapurthase ￿n1￿c￿
8ank103Tr5 fnd 0tr8rtralts
17.G53.>4
75,139.74
91793.08
14

East Durham com.munity Initiatives Limited
st
Trustees, Report and Financial Statements 31 March 2024
12 RestrlGted income funds
Apprenticeship grants
Big155ue'
Other Oonated Income
County Durham Communty
Foundation
so.uoo
26,245
5U.OOU
26.245
305113
305 113
381.358
13 Unrestrlcted Income funds
Goneialtijnd
R8v8luallon R•s8r%•
127,283
174.871
107.011
174.877
841.464
14 Analysis of net assets between funds
2024
2023
A•strlclad flbnds
Fth•d assets
Ctsvrenl 8$s'ets
381.358
381,358
Unr•8trlcl•d fvnd8
Flxed asso15
Currenl assets
276,405
184,101
267,590
34,570
683,518
367,713
749.071
15 Related Party Transaction
There are no transactions with related parties that require disclosure.
16 Controlling Parties
The charity is conlrolled by Ihe trustees.
17 Other Information
The charity is an unincorporated trust with its registered office at Jobling House, Vane
Terrace. Seaham, County Durham, SR7 7AU.
15

East Durham Community Initiatives Limited
st
Trustees, Report and Financial Statements 31 March 2024
18 Comparative Statement of Financial Activities by fund type (2024)
Unrestriffleii RestrtrAed Total tunds T¢)ial fund5
funds
funds
2023:
2022
In¢om• and endovmi•nts from:.
Donallons an(1 legacles
Charllable aclivllies
Inveslmenls,
26.245
26.245
793,077
18
357.613
482.924
1.687
842.224
793.077
18
Total
793.095
26.245
819,340
expendlture on:
Charilabie aclivities
718.211
718.211
.718,211
718.211
485.842
485.842
Total
Net Ineomel(expethdlturé)-
Net movement In funds.
74.884
26.245
26.245
101.129
101.129
356.382
74.884
356.382
16