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For the Year Ending |
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Financial Statements |
Page |
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Trustees' Annual Report (Incorporating the Director's Report) |
1 |
Independent Examiner's Report to the Trustees |
4 |
Statement of Financial Activities (Including Income and Expenditure Account) |
5 |
Statement of Financial Position |
6 |
Statement of Cash Flows |
8 |
Notes to the Financial Statements |
9 |
|
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
1125695 |
Company registration number |
06632056 |
Principal office and registered |
40 Front Street |
office |
Pelton |
Chester-Le-Street |
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County Durham |
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DH2 1DE |
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(Appointed
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Company Secretary |
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Independent Examiner |
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Enterprise House |
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Harmire Enterprise Park |
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Barnard Castle |
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County Durham |
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DL12 8XP |
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Charity Secretary |
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Independent Examiner's Report to the Trustees of
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Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
|||
Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
|
Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
|
|
|
|
Charitable activities |
6 |
|
– |
|
|
Other trading activities |
7 |
|
– |
|
|
Investment income |
8 |
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– |
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--------- |
--------- |
--------- |
--------- |
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Total income |
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|
|
|
--------- |
--------- |
--------- |
--------- |
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Costs of other trading activities |
9 |
104,861 |
– |
104,861 |
107,335 |
||
Expenditure on charitable activities |
10,11 |
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--------- |
--------- |
--------- |
--------- |
||||
Total expenditure |
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|
|||
--------- |
--------- |
--------- |
--------- |
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--------- |
--------- |
--------- |
--------- |
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Net expenditure |
(
|
(
|
(
|
(
|
--------- |
--------- |
--------- |
--------- |
|
Gains/(losses) on revaluation of investment properties |
(
2,873) |
– |
(
2,873) |
– |
--------- |
--------- |
--------- |
--------- |
|
Net movement in funds |
(
|
(
|
(
|
(
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Total funds brought forward |
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------------ |
--------- |
------------ |
------------ |
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Total funds carried forward |
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------------ |
--------- |
------------ |
------------ |
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Statement of Financial Position |
2024 |
2023 |
||
Note |
£ |
£ |
£ |
Tangible fixed assets |
16 |
|
|
|
Investments |
17 |
|
|
|
------------ |
------------ |
|||
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|||
Stocks |
18 |
|
|
|
Debtors |
19 |
|
|
|
Cash at bank and in hand |
|
|
||
--------- |
--------- |
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|||
Creditors: amounts falling due within one year |
20 |
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--------- |
--------- |
|||
Net Current Assets |
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||
------------ |
------------ |
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Total Assets Less Current Liabilities |
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Creditors: amounts falling due after more than one year |
21 |
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------------ |
------------ |
|||
Net Assets |
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|
||
------------ |
------------ |
|||
Restricted funds |
|
|
||
Unrestricted funds |
|
|
||
------------ |
------------ |
|||
Total charity funds |
23 |
|
|
|
------------ |
------------ |
|||
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Statement of Financial Position (continued) |
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|
Trustee |
|
|
Statement of Cash Flows |
2024 |
2023 |
|
£ |
£ |
|
Net expenditure |
(51,856) |
(74,524) |
Adjustments for: |
||
Depreciation of tangible fixed assets |
|
|
Dividends, interest and rents from investments |
(54,021) |
(58,431) |
Interest payable and similar charges |
|
|
Accrued income |
– |
(
|
Changes in: |
||
Stocks |
– |
|
Trade and other debtors |
(
|
|
Trade and other creditors |
(
|
(
|
-------- |
--------- |
|
Cash generated from operations |
(
|
(
|
Interest paid |
(
|
(
|
--------- |
--------- |
|
Net cash used in operating activities |
(
|
(
|
--------- |
--------- |
|
Dividends, interest and rents from investments |
54,021 |
58,431 |
Purchase of tangible assets |
(
|
(
|
--------- |
--------- |
|
Net cash from investing activities |
|
|
--------- |
--------- |
|
Proceeds from borrowings |
(
|
(
|
--------- |
--------- |
|
Net cash used in financing activities |
(
|
(
|
--------- |
--------- |
|
Net Decrease in Cash and Cash Equivalents |
(
|
(
|
Cash and Cash Equivalents at Beginning of Year |
528,212 |
690,504 |
--------- |
--------- |
|
Cash and Cash Equivalents at End of Year |
|
|
--------- |
--------- |
|
|
Notes to the Financial Statements |
Freehold Property |
- |
|
|
Fixtures, Fittings & Equipment |
- |
|
|
Computer Equipment |
- |
Over 3 years straight line
|
|
Therapy & Sensory Equipment |
- |
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
£ |
£ |
£ |
||
Donations |
87,313 |
– |
87,313 |
|
Gift Aid |
26,717 |
– |
26,717 |
|
The Masonic Charitable Foundation |
– |
30,115 |
30,115 |
|
The William Leech Foundation |
– |
5,000 |
5,000 |
|
Sport England |
– |
10,000 |
10,000 |
|
Baily Thomas Charitable Fund |
– |
– |
– |
|
Nationwide |
– |
– |
– |
|
Ballinger Charitable Trust |
– |
18,000 |
18,000 |
|
James Tudor Trust |
– |
5,000 |
5,000 |
|
Barbour Foundation |
– |
15,000 |
15,000 |
|
Awards For All |
– |
17,036 |
17,036 |
|
The Hospital Saturday Fund |
– |
– |
– |
|
Sir John Priestman Trust |
– |
5,000 |
5,000 |
|
The February Foundation |
– |
4,938 |
4,938 |
|
The Edward Gostling Trust |
– |
– |
– |
|
County Durham Community Foundation |
– |
5,000 |
5,000 |
|
Hobson Charity |
– |
– |
– |
|
The Bernard Sunley Foundation |
– |
– |
– |
|
Mortgage Advice Bureau Foundation |
– |
5,000 |
5,000 |
|
Percy Bilton Trust |
– |
5,000 |
5,000 |
|
The Shears Foundation |
– |
5,610 |
5,610 |
|
Small grants £3,000 and less |
– |
19,605 |
19,605 |
|
--------- |
--------- |
--------- |
||
|
|
|
||
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Donations |
109,677 |
– |
109,677 |
|
Gift Aid |
34,442 |
– |
34,442 |
|
The Masonic Charitable Foundation |
– |
30,116 |
30,116 |
|
The William Leech Foundation |
– |
– |
– |
|
Sport England |
– |
– |
– |
|
Baily Thomas Charitable Fund |
– |
4,500 |
4,500 |
|
Nationwide |
– |
9,000 |
9,000 |
|
Ballinger Charitable Trust |
– |
– |
– |
|
James Tudor Trust |
– |
– |
– |
|
Barbour Foundation |
– |
4,500 |
4,500 |
|
Awards For All |
– |
– |
– |
|
The Hospital Saturday Fund |
– |
7,000 |
7,000 |
|
Sir John Priestman Trust |
– |
5,000 |
5,000 |
|
The February Foundation |
– |
4,500 |
4,500 |
|
The Edward Gostling Trust |
– |
10,000 |
10,000 |
|
County Durham Community Foundation |
– |
– |
– |
|
Hobson Charity |
– |
3,937 |
3,937 |
|
The Bernard Sunley Foundation |
– |
10,000 |
10,000 |
|
Mortgage Advice Bureau Foundation |
– |
– |
– |
|
Percy Bilton Trust |
– |
– |
– |
|
The Shears Foundation |
– |
– |
– |
|
Small grants £3,000 and less |
– |
33,126 |
33,126 |
|
--------- |
--------- |
--------- |
||
|
|
|
||
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Hydrotherapy |
95,382 |
95,382 |
84,702 |
84,702 |
|
Speech & language |
36,066 |
36,066 |
35,766 |
35,766 |
|
Physiotherapy |
45,537 |
45,537 |
40,154 |
40,154 |
|
Occupational Therapy |
5,366 |
5,366 |
14,075 |
14,075 |
|
Other services |
7,354 |
7,354 |
4,560 |
4,560 |
|
--------- |
--------- |
--------- |
--------- |
||
|
|
|
|
||
--------- |
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Income from stores |
15,781 |
15,781 |
12,423 |
12,423 |
|
Charity Ball |
67,420 |
67,420 |
75,542 |
75,542 |
|
Great North Run |
111,712 |
111,712 |
111,972 |
111,972 |
|
Brick Services Ball |
30,169 |
30,169 |
32,130 |
32,130 |
|
Other fundraising events |
177,002 |
177,002 |
174,265 |
174,265 |
|
--------- |
--------- |
--------- |
--------- |
||
|
|
|
|
||
--------- |
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Rental income |
|
|
|
|
|
-------- |
-------- |
-------- |
-------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Costs of other trading activities - Membership schemes and social lotteries |
104,861 |
104,861 |
107,335 |
107,335 |
|
--------- |
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
£ |
£ |
£ |
||
Expenditure on charitable activities |
704,132 |
151,567 |
855,699 |
|
Support costs |
1,440 |
– |
1,440 |
|
--------- |
--------- |
--------- |
||
|
|
|
||
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Expenditure on charitable activities |
828,677 |
46,930 |
875,607 |
|
Support costs |
1,400 |
– |
1,400 |
|
--------- |
-------- |
--------- |
||
|
|
|
||
--------- |
-------- |
--------- |
||
Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
||
£ |
£ |
£ |
£ |
||
Expenditure on charitable activities |
855,699 |
– |
855,699 |
875,607 |
|
Governance costs |
– |
1,440 |
1,440 |
1,400 |
|
--------- |
------- |
--------- |
--------- |
||
|
|
|
|
||
--------- |
------- |
--------- |
--------- |
||
2024 |
2023 |
|
£ |
£ |
|
Depreciation of tangible fixed assets |
6,209 |
6,469 |
------- |
------- |
|
2024 |
2023 |
|
£ |
£ |
|
Independent examination of the financial statements |
1,440 |
1,400 |
------- |
------- |
|
2024 |
2023 |
|
£ |
£ |
|
Wages and salaries |
|
|
Social security costs |
|
|
Employer contributions to pension plans |
25,689 |
29,120 |
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
2024 |
2023 |
|
No. |
No. |
|
Number of fundraising staff |
2 |
2 |
Number of administration staff |
2 |
2 |
Number of management staff |
1 |
1 |
Number of clinical staff |
19 |
19 |
---- |
---- |
|
24 |
24 |
|
---- |
---- |
|
Freehold property |
Fixtures, Fittings & Equipment |
Computer Equipment |
Therapy & Sensory Equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
|
Cost |
|||||
At 1 January 2024 |
|
|
|
|
|
Additions |
|
– |
– |
|
|
Revaluations |
(
|
– |
– |
– |
(
|
------------ |
-------- |
-------- |
-------- |
------------ |
|
At 31 December 2024 |
|
|
|
|
|
------------ |
-------- |
-------- |
-------- |
------------ |
|
Depreciation |
|||||
At 1 January 2024 |
|
|
|
|
|
Charge for the year |
– |
|
|
|
|
------------ |
-------- |
-------- |
-------- |
------------ |
|
At 31 December 2024 |
|
|
|
|
|
------------ |
-------- |
-------- |
-------- |
------------ |
|
Carrying amount |
|||||
At 31 December 2024 |
|
|
|
|
|
------------ |
-------- |
-------- |
-------- |
------------ |
|
At 31 December 2023 |
|
|
|
|
|
------------ |
-------- |
-------- |
-------- |
------------ |
|
Investment properties |
|
£ |
|
Cost or valuation |
|
At 1 January 2024 and 31 December 2024 |
580,000 |
--------- |
|
Impairment |
|
At 1 January 2024 and 31 December 2024 |
|
Carrying amount |
|
At 31 December 2024 |
580,000 |
--------- |
|
At 31 December 2023 |
580,000 |
--------- |
|
2024 |
2023 |
|
£ |
£ |
|
Merchandise stock |
|
|
------- |
------- |
|
2024 |
2023 |
|
£ |
£ |
|
Trade debtors |
|
|
Prepayments and accrued income |
|
|
Gift Aid debtor |
|
|
Other debtors |
– |
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Accruals and deferred income |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
--------- |
--------- |
|
At 1 Jan 2024 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2024 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
General Funds |
436,233 |
759,840 |
(804,224) |
(49,320) |
– |
342,529 |
Capital Fund |
1,106,744 |
– |
(6,209) |
49,320 |
(2,873) |
1,146,982 |
------------ |
--------- |
--------- |
-------- |
------- |
------------ |
|
1,542,977 |
759,840 |
(810,433) |
– |
(2,873) |
1,489,511 |
|
------------ |
--------- |
--------- |
-------- |
------- |
------------ |
|
At 1 Jan 2023 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
General Funds |
620,640 |
788,139 |
(930,943) |
(41,603) |
– |
436,233 |
Capital Fund |
1,033,177 |
– |
(6,469) |
80,036 |
– |
1,106,744 |
------------ |
--------- |
--------- |
-------- |
---- |
------------ |
|
1,653,817 |
788,139 |
(937,412) |
38,433 |
– |
1,542,977 |
|
------------ |
--------- |
--------- |
-------- |
---- |
------------ |
|
At 1 Jan 2024 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2024 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Clothworkers' Foundation |
– |
– |
– |
– |
– |
– |
The Bernard Sunley Foundation |
– |
– |
– |
– |
– |
– |
The February Foundation |
– |
4,938 |
– |
– |
– |
4,938 |
Hobson Charity |
– |
– |
– |
– |
– |
– |
Barbour Foundation |
4,500 |
15,000 |
(4,500) |
– |
– |
15,000 |
Sir John Priestman Charity Trust |
– |
5,000 |
– |
– |
– |
5,000 |
Baily Thomas Charitable Fund |
– |
– |
– |
– |
– |
– |
Beatrice Laing Trust |
– |
– |
– |
– |
– |
– |
The Edward Gostling Foundation |
10,000 |
– |
(10,000) |
– |
– |
– |
The Masonic Charitable Foundation |
30,116 |
30,115 |
(30,116) |
– |
– |
30,115 |
Nationwide |
9,000 |
– |
(9,000) |
– |
– |
– |
The Hospital Saturday Fund |
7,000 |
– |
(7,000) |
– |
– |
– |
The Guyll Leng Trust |
3,000 |
– |
(3,000) |
– |
– |
– |
The Joicey Trust |
3,000 |
– |
(3,000) |
– |
– |
– |
The Hedley Foundation |
3,000 |
– |
(3,000) |
– |
– |
– |
Awards For All |
– |
17,036 |
(17,036) |
– |
– |
– |
Ballinger Charitable Trust |
– |
18,000 |
(18,000) |
– |
– |
– |
Sport England |
– |
10,000 |
– |
– |
– |
10,000 |
County Durham Community Foundation |
– |
5,000 |
(5,000) |
– |
– |
– |
Percy Bilton Trust |
– |
5,000 |
(5,000) |
– |
– |
– |
James Tudor Foundation |
– |
5,000 |
(5,000) |
– |
– |
– |
The Shears Foundation |
– |
5,610 |
(5,610) |
– |
– |
– |
The William Leech |
– |
5,000 |
(5,000) |
– |
– |
– |
Mortgage Advice Bureau Foundation |
– |
5,000 |
– |
– |
– |
5,000 |
Other grants £3,000 or less |
6,700 |
19,605 |
(21,305) |
– |
– |
5,000 |
-------- |
--------- |
--------- |
---- |
---- |
-------- |
|
76,316 |
150,304 |
(151,567) |
– |
– |
75,053 |
|
-------- |
--------- |
--------- |
---- |
---- |
-------- |
|
At 1 Jan 2023 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Clothworkers' Foundation |
40,000 |
– |
(2,785) |
(37,215) |
– |
– |
The Bernard Sunley Foundation |
– |
10,000 |
(10,000) |
– |
– |
– |
The February Foundation |
– |
4,500 |
(4,500) |
– |
– |
– |
Hobson Charity |
– |
3,937 |
(3,937) |
– |
– |
– |
Barbour Foundation |
– |
4,500 |
– |
– |
– |
4,500 |
Sir John Priestman Charity Trust |
– |
5,000 |
(5,000) |
– |
– |
– |
Baily Thomas Charitable Fund |
– |
4,500 |
(4,500) |
– |
– |
– |
Beatrice Laing Trust |
– |
2,000 |
(2,000) |
– |
– |
– |
The Edward Gostling Foundation |
– |
10,000 |
– |
– |
– |
10,000 |
The Masonic Charitable Foundation |
– |
30,116 |
– |
– |
– |
30,116 |
Nationwide |
– |
9,000 |
– |
– |
– |
9,000 |
The Hospital Saturday Fund |
– |
7,000 |
– |
– |
– |
7,000 |
The Guyll Leng Trust |
– |
3,000 |
– |
– |
– |
3,000 |
The Joicey Trust |
– |
3,000 |
– |
– |
– |
3,000 |
The Hedley Foundation |
– |
3,000 |
– |
– |
– |
3,000 |
Awards For All |
– |
– |
– |
– |
– |
– |
Ballinger Charitable Trust |
– |
– |
– |
– |
– |
– |
Sport England |
– |
– |
– |
– |
– |
– |
County Durham Community Foundation |
– |
– |
– |
– |
– |
– |
Percy Bilton Trust |
– |
– |
– |
– |
– |
– |
James Tudor Foundation |
– |
– |
– |
– |
– |
– |
The Shears Foundation |
– |
– |
– |
– |
– |
– |
The William Leech |
– |
– |
– |
– |
– |
– |
Mortgage Advice Bureau Foundation |
– |
– |
– |
– |
– |
– |
Other grants £3,000 or less |
– |
22,126 |
(14,208) |
(1,218) |
– |
6,700 |
-------- |
--------- |
-------- |
-------- |
---- |
-------- |
|
40,000 |
121,679 |
(46,930) |
(38,433) |
– |
76,316 |
|
-------- |
--------- |
-------- |
-------- |
---- |
-------- |
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
£ |
£ |
£ |
||
Tangible fixed assets |
866,413 |
– |
866,413 |
|
Investments |
580,000 |
– |
580,000 |
|
Current assets |
371,342 |
75,053 |
446,395 |
|
Creditors less than 1 year |
(62,274) |
– |
(62,274) |
|
Creditors greater than 1 year |
(265,970) |
– |
(265,970) |
|
------------ |
-------- |
------------ |
||
Net assets |
1,489,511 |
75,053 |
1,564,564 |
|
------------ |
-------- |
------------ |
||
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Tangible fixed assets |
863,803 |
– |
863,803 |
|
Investments |
580,000 |
– |
580,000 |
|
Current assets |
480,134 |
76,316 |
556,450 |
|
Creditors less than 1 year |
(60,858) |
– |
(60,858) |
|
Creditors greater than 1 year |
(320,102) |
– |
(320,102) |
|
------------ |
-------- |
------------ |
||
Net assets |
1,542,977 |
76,316 |
1,619,293 |
|
------------ |
-------- |
------------ |
||
At 1 Jan 2024 |
Cash flows |
At 31 Dec 2024 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
(120,810) |
|
Debt due within one year |
(41,123) |
(6,505) |
(47,628) |
Debt due after one year |
(320,102) |
54,132 |
(265,970) |
--------- |
--------- |
--------- |
|
|
(
|
|
|
--------- |
--------- |
--------- |
|