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COMPANY REGISTRATION NUMBER: 08993432
CHARITY REGISTRATION NUMBER: 1159197
Young Women's Outreach Project
Unaudited Financial Statements
For the year ending
31 March 2024
Young Women's Outreach Project
Financial Statements
Year ended 31 March 2024
Page
Trustees' annual report (incorporating the director's report)
1
Independent examiner's report to the trustees
9
Statement of financial activities (including income and expenditure account)
10
Statement of financial position
11
Notes to the financial statements
12
Young Women's Outreach Project
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024 .
Our aims and objectives
The overall aim of the Young Women's Outreach Project as set out in its Memorandum of Association is 'to advance education, relieve poverty, preserve and protect the good health of young women up to 25 years within the North East, primarily those who are in need because of their social and economic conditions and for such other charitable purposes for the benefit of young women as the trustees shall determine.'
The Young Women's Outreach Project delivers this mission though its strategic objectives which include:
1. Delivery of high-quality services to meet the unmet needs of young women and young mothers.
2. Influencing, challenging and advocating on policy and strategy that impacts on the lives and choices of young women and young mothers
3. Building and maintaining strong networks and partnerships to support the delivery of our work
4. Maintaining financial sustainability
5. Maintaining organisational resilience
Strategic Objective 1: Delivery of high-quality services to meet the needs of young women We will achieve this by the delivery of:
- Outreach work to provide young mothers with information
- Advice and guidance
- In-house counselling
- Young parenting programmes
Impact - Young women making choices, taking control of their lives and moving on with their plans. This will be evidenced through:
- The number of young women supported annually
- The range of services delivered
- Numbers of referrals
- Progression targets being met
- The experience of the young women being recorded through qualitative case stories
Strategic Objective 2: Influencing, challenging and advocating on policy and strategy that impacts on the lives and choices of young women. We will achieve this by:
- Participation in local and national groups and networks aimed at influencing policy for women and young women.
- Responding to consultations and engaging with research to demonstrate the real needs of young women and action taken to meet these needs
- Communicating information on the needs of young women and our work to support them and
drawing out key lessons for policymakers and other service providers.
Impact - Policy and strategy impacting young women will be developed based on a real understanding of their needs and framed to achieve positive outcomes. This will be evidenced through:
- Policy statements and strategic plans taking real account of the needs of young women;
- YWOP and its work being acknowledged in the development of policy and strategy;
Strategic Objective 3: Building and maintaining strong networks and partnerships to support the delivery of our work. We will achieve this by:
- Participation in relevant activities, events, groups and partnerships
- Actively engaging in projects and actions to support young women at a national, regional and local level.
- Working alongside partners to deliver key areas of support.
- Learning from others to improve our services for young women.
Impact - YWOP is recognised by political, statutory, charitable and voluntary organisations as significant in supporting young women. This will be evidenced through:
- The number and range of activities and events with which YWOP is engaged.
- YWOP is represented in key groups and networks.
- YWOP is a partner for projects and actions at a local, regional and national level.
- Learning from others is embedded into YWOP practice.
Strategic Objective 4: Maintaining Financial Sustainability. We will achieve this by:
- Constantly monitoring the cost-effectiveness of the organisation and its work;
- Agreeing on an annual funding strategy alongside the annual budget considerations;
- Agreeing and maintaining free reserve levels.
- Focusing fundraising on longer-term, more stable income streams and ensuring sufficient resources;
- Strengthening fundraising capacity by increasing fundraising and financial skills within the staff team;
- Developing and maintaining key strategic relationships (particularly with funders) required to support the work of the organisation
Impact - The charity will continue to deliver its work without interruption. This will be evidenced by:
- Bookkeeping will be accurate and up-to-date
- Annual fundraising targets will be met
- Annual budgets (income and expenditure) and fundraising plans will be approved and monitored
- Cash flow will be monitored
- Reserve targets will be achieved and maintained
- Annual accounts will be examined
Strategic Objective 5: Maintaining Organisational Resilience. We will achieve this by:
- Ensuring our governance and management structures and practices demonstrate best practices;
- Maintaining a Board of trustees that will bring a range of skills, experience and knowledge to our work and planning;
- Ensuring the management team has the skills and expertise to deliver the strategic plan;
- Agreeing and maintaining a robust framework of policies and procedures that will underpin our governance, management and service delivery practice;
- Continually developing our staff team by strengthening support and development opportunities;
- Marketing and promoting YWOP to Increase the profile and reach of our organisation;
- Developing and maintaining smarter and manageable processes to measure progress and outcomes;
Impact - YWOP will be a strong and resilient charity. This will be evidenced by:
- Governance will work within the standards set out in the Charity Governance Code.
- Staff and management training programmes will be included in the annual budget.
- The results of training and development will be evaluated.
- Marketing and communications will be targeted, monitored and evaluated.
- Monitoring and evaluation will be an integral part of overall management reporting.
Communicating and Reporting
We will communicate our strategic plan and priorities through regular engagement with all staff, volunteers, funders, external stakeholders, and partner organisations. We recognise that effective communication is critical to our success.
Measuring and Monitoring
We will measure and monitor our impact to manage and continually improve our performance. We have identified key performance indicators relevant to each of our strategic priorities. We will use quantitative and qualitative analysis to determine our performance and inform change and improvements.
Resources
We will allocate the appropriate level of resources required to ensure the delivery of our strategic plan. This includes financial investment but also the use of staff and Board time, utilisation of volunteers, staff and volunteer training and development and the application of appropriate organisational management and governance processes and procedures.
Achievements and performance 2023 - 2024
The Young Women's Project has seen a significant increase in referrals this year, with the majority coming from schools, children services, early help teams, family nurses, and midwives. However, there has also been a notable increase in referrals from parents and carers.
To meet the growing demand, the project is currently running 24 groups. These additional groups aim to provide support to school-aged young women who are either not attending school or facing challenges with their mental health or education.
The main reasons for referral to the project include being under 18 and pregnant, low confidence and self-esteem, risk of exploitation or abuse, school-related issues, and mental health and wellbeing concerns.
Over the past year, the project has directly worked with 258 young women, offering support, guidance, group work, and one-to-one sessions. Additionally, 68 intensive one-to-one sessions have been provided to the most complex cases.
To expand its network and reach out to new professionals in the area, the project continues to hold information meetings and open days. These events offer an opportunity to connect with individuals who have recently moved into the area or started new jobs.
Financial review
The Charity received a gross income during the year of £385,441 (2023 - £395,349) and recorded a net deficit of £77,983 (2023 - surplus of £62,010). As at 31 March 2024 the Charity had resources valued at £252,133 (2023 - £330,116) of which £115,884 (2023 - £174,417) were restricted funds and £136,249 (2023 - £155,699) were free reserves.
The principle funding sources for the charity currently include The National Lottery Community Fund, Lloyds Bank Foundation, The Ballinger Charitable Trust, The Pilgrim Trust, Paul Hamlyn Foundation, and BBC Children in Need. These provide financial support to meet the direct needs of young women and young mothers.
Reserves Policy
The Board of Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible assets (the free reserve) held by the Charity, would be held in reserve as a resource to maintain the organisation should there be a reduction in the acquisition of new core or Project funding. At the current level, the board feel that they would be able to continue the current activities of the Charity for 6 months in the event of a significant drop in funding. The figure calculated for this is £170,000. At present the free reserves amount to £136,249.
Risk Review
The Board of Trustees have examined the major risks the organisation face and confirm that systems have been established to enable regular reports to be produced so that the necessary steps would be taken to minimise any significant risk.
Future strategy
The Young Women's Outreach Project will continue to provide learning opportunities and support services to young women. This will be done through ongoing evaluation of the services offered, with input from both participants and workers, as well as consultation with the Board of Trustees.
The Project aims to evolve and develop in response to the changing needs and issues faced by young women. It will be responsive to these needs and explore new areas for working. The Project will also continue to work with and train young volunteers, aiming to enhance their self-confidence and self-belief. It hopes that these volunteers will go on to further education and train to become Youth Workers.
The Project has several large funding bids and will continue to apply for Charity and Statutory Funding as it becomes available. It will also actively search for new funding opportunities. The Project aims to develop further training opportunities for young women and young mothers, with a focus on early intervention work. This work is expected to help young women and mothers become more resilient and could potentially bring in core funding for the Project.
Overall, the Young Women's Outreach Project is optimistic and enthusiastic about its future. It is committed to moving forward and continuing to make a positive impact on the lives of young women.
Structure, governance and management
Governing Document
The Gateshead Young Women's Outreach Project was initially established as a registered charity on June 18, 1997. However, in 2014, the Gateshead Council ceased providing financial support to the project due to government budget cuts. This change allowed the charity to extend its services beyond the Gateshead area. Consequently, the board of trustees decided to rename the organisation as the Young Women's Outreach Project (YWOP) On November 13, 2014, the charity became a Charity Limited by Guarantee and operates under a constitution. The new charity number is 1159197 , and the company number is 8993432.
Organisational Structure
The Young Women's Outreach Project is a registered charity that is governed by a Board of Trustees. The Board consists of individuals, who oversee the organisation's activities and ensure its compliance with legal and ethical standards.
The Chief Executive is responsible for the overall management of the organisation on a day-to-day basis. Who provide leadership and strategic direction, ensuring that the organisation's goals and objectives are met. The Chief Executive is also responsible for managing the organisation's resources, including its staff and finances.
In addition to the Chief Executive, We have a Project Manager and has specific roles within the organisation, such as programme development & staff management and coordination.
The Young Womens Outreach Project also employs 14 part-time workers, who may have various roles and responsibilities depending on the needs of the organisation and the young women we work with. The part-time workers could be involved in delivering programs and services, providing administrative support, or assisting with fundraising and events.
Among the staff team is an Admin worker, who handles administrative tasks such as managing correspondence, maintaining records, and providing general support to the organisation. Each member of the staff team plays a crucial role in the functioning of the organisation and contributes to its overall success in achieving its mission and objectives.
Public Benefit
As a registered charity the Young Women's Outreach Project is committed to demonstrating the benefits that its work provides for individuals, communities and the wider public.
We recognise that society is fundamentally unequal for young women, our service is set up to address the unmet needs of young women and young mothers, existing underlying longterm social, health and economic inequalities disproportionally and significantly are a major barrier to young women fulfilling their potential to live a good life.
- We support young women through single or complex issues occurring in their lives. Most young women are referred to us from schools, children and young people service, social services, midwives and family nurse partnership, anyone can refer into the Project, even young women themselves.
- Attendance is voluntary embedding our values of personal choice and control.
- Our work methods are very person centred, individually tailored, focusing on their strengths, potential and aspirations.
- We listen and provide practical and emotional support.
- Once referred we complete a home visit then young women are invited for a project visit and then young women are invited to one to one or group work sessions, which are user led. With their consent we engage with their wider family and other agencies.
- Our support leads to individual growth in self worth and confidence to make decisions and take responsibility and control over their lives.
- By building capabilities, knowing their rights, equipping them with information, advice and tools, belief in ability and problem solving mindset and start to make positive choices and move on with their
plans for the future.
Our Project is very much led by women and designed based on the needs of young women and mothers who come to us for support.
Recruitment, Induction and Training of the Board of Trustees
Induction and Training of the Board of Trustees - Each Board meeting forms part of the on-going 'training' of the members, and runs in a way that empowers and informs new members. Young Women are given training after being elected, as they are regarded as the 'Experts by experience' and represent all young women who use the service. The recruitment and appointment process for the Board of Trustees is conducted annually at the Annual General Meeting. At this meeting, all current members of the Board step down, and a new Board is elected. The organisation seeks individuals who possess a range of valuable skills and experience that can contribute to the organisation's goals and development.
In addition to the core group of professionals, young women who have first-hand knowledge and experience of the Project are also eligible to be voted onto the Board. These young women are considered experts by experience and represent all the young women who use the organisation's services.
The induction and training of the Board of Trustees is an ongoing process. Each Board meeting serves as a form of training for the members, empowering and informing them about the organisation's activities and responsibilities. This training ensures that they are equipped with the necessary knowledge and skills to effectively contribute to the organisation's work.
Reference and administrative details
Registered charity name
Young Women's Outreach Project
Charity registration number
1159197
Company registration number
08993432
Principal office and registered
12 Gladstone Terrace
office
Gateshead
NE8 4DY
The trustees
I Buchroth
(Resigned 3 July 2023)
J Gordon
(Resigned 10 April 2024)
P C Morey (Treasurer)
P Nichols
(Resigned 10 September 2023)
C Vaughan (Chair)
C Worton-Scott
S Buchanan
(Appointed 10 September 2023)
J Rosling
(Appointed 10 September 2023)
Independent examiner
Jane Ascroft FCA MA (Cantab)
Enterprise House
Harmire Enterprise Park
Barnard Castle
County Durham
DL12 8XT
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 28 November 2024 and signed on behalf of the board of trustees by:
C Vaughan (Chair)
Trustee
Young Women's Outreach Project
Independent Examiner's Report to the Trustees of Young Women's Outreach Project
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of Young Women's Outreach Project ('the charity') for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jane Ascroft FCA MA (Cantab) Independent Examiner
Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XT
28 November 2024
Young Women's Outreach Project
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
2023
Unrestricted funds
Restricted funds
Total funds
Total funds
Note
£
£
£
£
Income and endowments
Donations and legacies
5
14,394
329,479
343,873
344,273
Charitable activities
6
14,911
26,657
41,568
51,076
--------
---------
---------
---------
Total income
29,305
356,136
385,441
395,349
--------
---------
---------
---------
Expenditure
Expenditure on charitable activities
7,8
48,755
414,669
463,424
333,339
--------
---------
---------
---------
Total expenditure
48,755
414,669
463,424
333,339
--------
---------
---------
---------
--------
---------
---------
---------
Net (expenditure)/income and net movement in funds
( 19,450)
( 58,533)
( 77,983)
62,010
--------
---------
---------
---------
Reconciliation of funds
Total funds brought forward
155,699
174,417
330,116
268,106
---------
---------
---------
---------
Total funds carried forward
136,249
115,884
252,133
330,116
---------
---------
---------
---------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Young Women's Outreach Project
Statement of Financial Position
31 March 2024
2024
2023
(restated)
Note
£
£
Current assets
Debtors
12
15,814
32,088
Cash at bank and in hand
249,895
307,646
---------
---------
265,709
339,734
Creditors: amounts falling due within one year
13
13,576
9,618
---------
---------
Net current assets
252,133
330,116
---------
---------
Total assets less current liabilities
252,133
330,116
---------
---------
Net assets
252,133
330,116
---------
---------
Funds of the charity
Restricted funds
115,884
174,417
Unrestricted funds
136,249
155,699
---------
---------
Total charity funds
15
252,133
330,116
---------
---------
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 28 November 2024 , and are signed on behalf of the board by:
P C Morey (Treasurer)
Trustee
Young Women's Outreach Project
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 12 Gladstone Terrace, Gateshead, NE8 4DY.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity’s ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The trustees cosnider that there are no significant estimates or judgements affecting these financial statements.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Income
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
Taxation
The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
4. Limited by guarantee
The company is limited by guarantee. At 31st March 2024 there were 6 members each of whom had undertaken to contribute an amount not exceeding £1 in the event of a winding up.
5. Donations and legacies
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Donations
Donations
14,394
14,394
Grants
The National Lottery Community Fund
60,659
60,659
The National Lottery Community Fund - Women & Girls
42,834
42,834
Ballinger Charitable Trust
20,000
20,000
Gateshead Council
43,000
43,000
Lloyds Bank Foundation
Paul Hamlyn Foundation
27,500
27,500
BBC Children In Need
29,226
29,226
Pilgrim Trust
36,008
36,008
Lankelly Chase
1,050
1,050
James Thornton DAF
Cheshire Community Foundation
19,952
19,952
The Leather Sellers
20,000
20,000
Sir James Knott Trust
10,000
10,000
Kavli
Groundwork UK Tesco
NHS CCG
10,000
10,000
LGA Foundation
1,500
1,500
Other smaller grants
7,750
7,750
--------
---------
---------
14,394
329,479
343,873
--------
---------
---------
Unrestricted Funds
Restricted Funds
Total Funds 2023
(restated)
£
£
£
Donations
Donations
12,705
4,000
16,705
Grants
The National Lottery Community Fund
52,397
52,397
The National Lottery Community Fund - Women & Girls
28,286
28,286
Ballinger Charitable Trust
15,000
15,000
Gateshead Council
Lloyds Bank Foundation
52,250
52,250
Paul Hamlyn Foundation
25,000
25,000
BBC Children In Need
7,699
7,699
Pilgrim Trust
Lankelly Chase
52,130
52,130
James Thornton DAF
12,500
12,500
Cheshire Community Foundation
The Leather Sellers
Sir James Knott Trust
10,000
10,000
Kavli
29,931
29,931
Groundwork UK Tesco
10,000
10,000
NHS CCG
10,000
10,000
LGA Foundation
6,500
6,500
Other smaller grants
15,875
15,875
--------
---------
---------
12,705
331,568
344,273
--------
---------
---------
6. Charitable activities
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
School charges
22,260
22,260
Room hire
971
971
Recharges
Gladstone House recharge
26,657
26,657
REND
(8,490)
(8,490)
Other income
170
170
--------
--------
--------
14,911
26,657
41,568
--------
--------
--------
Unrestricted Funds
Restricted Funds
Total Funds 2023
(restated)
£
£
£
School charges
11,899
8,490
20,389
Room hire
13,187
13,187
Recharges
17,500
17,500
Gladstone House recharge
REND
Other income
--------
--------
--------
25,086
25,990
51,076
--------
--------
--------
7. Expenditure on charitable activities by fund type
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Costs of charitable activities (see page 22)
48,755
414,669
463,424
--------
---------
---------
Unrestricted Funds
Restricted Funds
Total Funds 2023
(restated)
£
£
£
Costs of charitable activities (see page 22)
31,407
301,932
333,339
--------
---------
---------
8. Expenditure on charitable activities by activity type
Activities undertaken directly
Total funds 2024
Total fund 2023
£
£
£
Costs of charitable activities (see page 22)
463,424
463,424
333,339
---------
---------
---------
9. Independent examination fees
2024
2023
(restated)
£
£
Fees payable to the independent examiner for:
Independent examination of the financial statements
660
600
----
----
10. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
(restated)
£
£
Wages and salaries
343,391
243,568
Social security costs
21,350
13,567
Employer contributions to pension plans
5,238
2,972
---------
---------
369,979
260,107
---------
---------
The average head count of employees during the year was 17 (2023: 14 ). The average number of full-time equivalent employees during the year is analysed as follows:
2024
2023
No.
No.
Number of staff
9
8
----
----
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
11. Trustee remuneration and expenses
Trustees received neither remuneration nor expenses during the current and previous year.
12. Debtors
2024
2023
(restated)
£
£
Trade debtors
5,595
32,088
Accrued income
10,219
--------
--------
15,814
32,088
--------
--------
13. Creditors: amounts falling due within one year
2024
2023
(restated)
£
£
Accruals and deferred income
600
1,200
Social security and other taxes
6,008
4,576
Lloyds Corporate Card
4,789
3,249
Other creditors
2,179
593
--------
-------
13,576
9,618
--------
-------
14. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 5,238 (2023: £ 2,972 ).
15. Analysis of charitable funds
Unrestricted funds
At 1 April 2023
Income
Expenditure
Transfers
At 31 March 2024
£
£
£
£
£
General funds
155,699
29,305
(48,755)
136,249
---------
--------
--------
----
---------
At 1 April 2022
Income
Expenditure
Transfers
At 31 March 2023
£
£
£
£
£
General funds
148,908
37,791
(31,407)
407
155,699
---------
--------
--------
----
---------
Restricted funds
At 1 April 2023
Income
Expenditure
Transfers
At 31 March 2024
£
£
£
£
£
The National Lottery Community Fund
60,659
(60,659)
Ballinger Charitable Trust
19,251
20,000
(25,437)
13,814
BBC Children In Need
29,226
(29,226)
Cheshire Community Foundation
19,952
(100)
19,852
Family Hub
38,000
(16,827)
21,173
Pilgrim Trust
36,008
(24,921)
11,087
Gateshead Council Digital Skills
3,150
3,150
Leathersellers
20,000
(8,819)
11,181
PPC Fund
4,600
(1,200)
3,400
Lloyds Bank Foundation
33,419
(16,090)
17,329
Lankelly Chase
35,091
1,050
(36,141)
NEAP Fitness
Neighbourly
Creche project
3,400
(2,745)
655
Arnold Clark
466
(466)
Bernicia Foundation
2,499
(2,499)
Community Foundation
5,323
(2,508)
2,815
Garfield Weston
3,452
(3,452)
Gladstone House
(3,384)
26,657
(25,781)
(2,508)
Sir James Knott Trust
10,000
(10,000)
LGA Foundation
5,106
1,500
(6,606)
The National Lottery Community Fund - Women & Girls
1,599
42,834
(44,433)
A&E Charitable Trust
2,000
(2,000)
James Thornton DAF
12,500
(12,500)
Kavli
22,135
(17,664)
4,471
NHS CCG
8,783
10,000
(18,783)
Northumbria Police
900
900
Paul Hamlyn Foundation
2,084
27,500
(26,019)
3,565
REND
8,490
5,000
(8,490)
5,000
Rosa
4,499
(4,499)
Tesco golden token
3,204
(3,204)
Connected Voice
3,600
(3,600)
---------
---------
---------
----
---------
174,417
356,136
(414,669)
115,884
---------
---------
---------
----
---------
At 1 April 2022
Income
Expenditure
Transfers
At 31 March 2023
£
£
£
£
£
The National Lottery Community Fund
17,985
52,397
(70,382)
Ballinger Charitable Trust
4,251
15,000
19,251
BBC Children In Need
14,861
7,699
(22,560)
Cheshire Community Foundation
Family Hub
Pilgrim Trust
Gateshead Council Digital Skills
Leathersellers
PPC Fund
Lloyds Bank Foundation
10,210
52,250
(29,041)
33,419
Lankelly Chase
15,810
52,130
(32,849)
35,091
NEAP Fitness
381
(381)
Neighbourly
26
(26)
Creche project
1,809
4,000
(2,409)
3,400
Arnold Clark
1,000
(534)
466
Bernicia Foundation
9,578
(7,079)
2,499
Community Foundation
5,525
1,278
(1,480)
5,323
Garfield Weston
20,000
(16,548)
3,452
Gladstone House
(14)
17,500
(20,870)
(3,384)
Sir James Knott Trust
10,000
(10,000)
LGA Foundation
6,500
(1,394)
5,106
The National Lottery Community Fund - Women & Girls
18,776
28,286
(45,463)
1,599
A&E Charitable Trust
2,000
2,000
James Thornton DAF
12,500
12,500
Kavli
29,931
(7,796)
22,135
NHS CCG
10,000
(1,217)
8,783
Northumbria Police
1,000
(100)
900
Paul Hamlyn Foundation
25,000
(22,916)
2,084
REND
8,490
8,490
Rosa
6,997
(2,498)
4,499
Tesco golden token
10,000
(6,796)
3,204
Connected Voice
3,600
3,600
---------
---------
---------
----
---------
119,198
357,558
(301,932)
(407)
174,417
---------
---------
---------
----
---------
16. Analysis of net assets between funds
Unrestricted Funds
Restricted Funds
Total Funds 2024
£
£
£
Current assets
149,825
115,884
265,709
Creditors less than 1 year
(13,576)
(13,576)
---------
---------
---------
Net assets
136,249
115,884
252,133
---------
---------
---------
Unrestricted Funds
Restricted Funds
Total Funds 2023
£
£
£
Current assets
165,317
174,417
339,734
Creditors less than 1 year
(9,618)
(9,618)
---------
---------
---------
Net assets
155,699
174,417
330,116
---------
---------
---------