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For the Year Ending |
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Financial Statements |
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Page |
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Trustees' Annual Report (Incorporating the Director's Report) |
1 |
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Independent Examiner's Report to the Trustees |
8 |
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Statement of Financial Activities (Including Income and Expenditure Account) |
9 |
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Statement of Financial Position |
10 |
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Notes to the Financial Statements |
11 |
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Trustees' Annual Report (Incorporating the Director's Report) |
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Registered charity name |
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Charity registration number |
1114785 |
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Company registration number |
04129701 |
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Principal office and registered |
Shotton Community Hub |
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office |
Bridge Road |
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Shotton Colliery |
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County Durham |
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DH6 2PQ |
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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 8XT |
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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 |
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(including income and expenditure account) |
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2024 |
2023 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
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Donations and legacies |
5 |
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Charitable activities |
6 |
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Investment income |
7 |
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– |
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--------- |
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Total income |
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--------- |
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--------- |
--------- |
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Expenditure on charitable activities |
8,9 |
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Other expenditure |
10 |
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– |
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– |
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--------- |
--------- |
--------- |
--------- |
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Total expenditure |
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--------- |
--------- |
--------- |
--------- |
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--------- |
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--------- |
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Net income |
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--------- |
--------- |
--------- |
--------- |
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Transfers between funds |
46,168 |
(46,168) |
– |
– |
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--------- |
--------- |
--------- |
--------- |
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Net movement in funds |
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(
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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 |
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2024 |
2023 |
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Note |
£ |
£ |
£ |
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Tangible fixed assets |
16 |
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Debtors |
17 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
18 |
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--------- |
--------- |
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Net Current Assets |
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--------- |
--------- |
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Total Assets Less Current Liabilities |
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--------- |
--------- |
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Net Assets |
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--------- |
--------- |
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Restricted funds |
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Unrestricted funds |
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--------- |
--------- |
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Total charity funds |
19 |
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--------- |
--------- |
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Trustee |
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Notes to the Financial Statements |
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Property Improvements |
- |
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Office Equipment |
- |
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IT Equipment |
- |
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Outdoor Equipment |
- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Donations |
10,000 |
3,984 |
13,984 |
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Shotton Parish Council |
– |
– |
– |
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Durham County Council |
– |
5,450 |
5,450 |
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County Durham Community Foundation |
– |
7,720 |
7,720 |
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Coalfields Regeneration trust |
– |
– |
– |
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Building development grants |
– |
5,250 |
5,250 |
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Virgin Money |
– |
43,245 |
43,245 |
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National Lottery Community Fund - Cost of Living |
– |
– |
– |
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Neighbourhood Grant |
– |
39,423 |
39,423 |
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The Rank Foundation |
– |
– |
– |
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Ballinger Foundation |
– |
18,500 |
18,500 |
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National Lottery Community Foundation - Awards For All |
– |
8,212 |
8,212 |
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Greggs Foundation |
– |
22,000 |
22,000 |
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SIB - YIF |
– |
26,590 |
26,590 |
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Locality |
– |
– |
– |
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Barbour |
– |
2,000 |
2,000 |
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Other grants |
749 |
3,333 |
4,082 |
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-------- |
--------- |
--------- |
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-------- |
--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Donations |
1,161 |
2,122 |
3,283 |
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Shotton Parish Council |
– |
29,289 |
29,289 |
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Durham County Council |
– |
25,000 |
25,000 |
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County Durham Community Foundation |
– |
14,960 |
14,960 |
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Coalfields Regeneration trust |
– |
4,993 |
4,993 |
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Building development grants |
– |
– |
– |
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Virgin Money |
– |
17,134 |
17,134 |
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National Lottery Community Fund - Cost of Living |
– |
18,120 |
18,120 |
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Neighbourhood Grant |
– |
23,449 |
23,449 |
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The Rank Foundation |
– |
11,776 |
11,776 |
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Ballinger Foundation |
– |
27,940 |
27,940 |
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National Lottery Community Foundation - Awards For All |
– |
4,264 |
4,264 |
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Greggs Foundation |
– |
20,000 |
20,000 |
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SIB - YIF |
– |
61,846 |
61,846 |
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Locality |
– |
14,000 |
14,000 |
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Barbour |
– |
– |
– |
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Other grants |
1,435 |
2,930 |
4,365 |
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------- |
--------- |
--------- |
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------- |
--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Cafe sales |
42,270 |
2,389 |
44,659 |
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Group Savings |
– |
3,269 |
3,269 |
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James Knott |
– |
10,000 |
10,000 |
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Durham County Council - Cree |
– |
6,000 |
6,000 |
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Room hire income |
37,155 |
2,000 |
39,155 |
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IT Centre |
2,097 |
1,280 |
3,377 |
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Other income from charitable activities |
9,034 |
91,250 |
100,284 |
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-------- |
--------- |
--------- |
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-------- |
--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Cafe sales |
22,139 |
15,781 |
37,920 |
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Group Savings |
– |
4,202 |
4,202 |
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James Knott |
– |
– |
– |
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Durham County Council - Cree |
– |
6,000 |
6,000 |
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Room hire income |
18,591 |
– |
18,591 |
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IT Centre |
5,312 |
3,560 |
8,872 |
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Other income from charitable activities |
(69) |
5,852 |
5,783 |
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-------- |
-------- |
-------- |
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-------- |
-------- |
-------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
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Bank interest receivable |
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|
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------- |
------- |
------- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
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Costs of charitable activities |
55,228 |
298,926 |
354,154 |
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-------- |
--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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|
£ |
£ |
£ |
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Costs of charitable activities |
59,352 |
114,739 |
174,091 |
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-------- |
--------- |
--------- |
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Activities undertaken directly |
Total funds 2024 |
Total fund 2023 |
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|
£ |
£ |
£ |
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Costs of charitable activities |
354,154 |
354,154 |
174,091 |
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--------- |
--------- |
--------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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|
£ |
£ |
£ |
£ |
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Loss on disposal of tangible fixed assets held for charity's own use |
|
|
– |
– |
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-------- |
-------- |
---- |
---- |
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2024 |
2023 |
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|
£ |
£ |
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Depreciation of tangible fixed assets |
10,295 |
11,607 |
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Loss on disposal of tangible fixed assets |
10,329 |
– |
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-------- |
-------- |
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2024 |
2023 |
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|
£ |
£ |
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|
Independent examination of the financial statements |
800 |
996 |
|
---- |
---- |
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|
2024 |
2023 |
|
|
£ |
£ |
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Wages and salaries |
|
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|
--------- |
-------- |
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2024 |
2023 |
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No. |
No. |
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Number of project staff |
8 |
8 |
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---- |
---- |
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Freehold property |
Property Improvements |
Office Equipment |
IT Equipment |
Outdoor Equipment |
Total |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
||||||
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At 1 Jan 2024 |
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Additions |
– |
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– |
– |
– |
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Disposals |
(
|
– |
– |
– |
– |
(
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-------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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At 31 Dec 2024 |
– |
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-------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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Depreciation |
||||||
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At 1 Jan 2024 |
– |
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Charge for the year |
– |
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-------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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At 31 Dec 2024 |
– |
|
|
|
|
|
|
-------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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|
Carrying amount |
||||||
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At 31 Dec 2024 |
– |
|
|
|
|
|
|
-------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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|
At 31 Dec 2023 |
|
|
|
|
|
|
|
-------- |
--------- |
-------- |
-------- |
-------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade debtors |
|
|
|
Prepayments and accrued income |
– |
|
|
------- |
------- |
|
|
|
|
|
|
------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade creditors |
|
|
|
Accruals and deferred income |
|
|
|
Social security and other taxes |
|
– |
|
Other creditors |
|
|
|
------- |
------- |
|
|
|
|
|
|
------- |
------- |
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At 1 January 2024 |
Income |
Expenditure |
Transfers |
At 31 December 2024 |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
General Funds |
89,062 |
45,466 |
(22,875) |
(40,359) |
71,294 |
|
Capital fund |
197,881 |
– |
(10,295) |
11,948 |
199,534 |
|
Building Development Fund |
47,000 |
– |
– |
– |
47,000 |
|
Cafe |
30,368 |
33,477 |
(24,723) |
– |
39,122 |
|
IT Centre |
(7,883) |
5,325 |
(1,460) |
28,398 |
24,380 |
|
Project & Finance |
– |
4,111 |
663 |
29,181 |
33,955 |
|
Youth Centre |
– |
20,749 |
(6,867) |
– |
13,882 |
|
Funds to replace front door |
– |
– |
– |
17,000 |
17,000 |
|
--------- |
--------- |
-------- |
-------- |
--------- |
|
|
356,428 |
109,128 |
(65,557) |
46,168 |
446,167 |
|
|
--------- |
--------- |
-------- |
-------- |
--------- |
|
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At 1 January 2023 |
Income |
Expenditure |
Transfers |
At 31 December 2023 |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
General Funds |
56,865 |
28,875 |
(18,992) |
22,314 |
89,062 |
|
Capital fund |
97,530 |
– |
(11,607) |
111,958 |
197,881 |
|
Building Development Fund |
47,000 |
– |
– |
– |
47,000 |
|
Cafe |
21,299 |
19,819 |
(21,999) |
11,249 |
30,368 |
|
IT Centre |
(6,796) |
5,309 |
(6,754) |
358 |
(7,883) |
|
Project & Finance |
– |
– |
– |
– |
– |
|
Youth Centre |
– |
– |
– |
– |
– |
|
Funds to replace front door |
– |
– |
– |
– |
– |
|
--------- |
-------- |
-------- |
--------- |
--------- |
|
|
215,898 |
54,003 |
(59,352) |
145,879 |
356,428 |
|
|
--------- |
-------- |
-------- |
--------- |
--------- |
|
|
At 1 January 2024 |
Income |
Expenditure |
Transfers |
At 31 December 2024 |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
Building Development fund |
82,800 |
12,134 |
(10,563) |
(41,948) |
42,423 |
|
County Durham Community Foundation (ESF3) |
2,020 |
– |
– |
(2,020) |
– |
|
Neighbourhood Grant |
3,246 |
39,927 |
(38,098) |
– |
5,075 |
|
National Lottery Community Fund |
12,402 |
8,212 |
(13,211) |
– |
7,403 |
|
East Durham Community Trust |
– |
– |
– |
– |
– |
|
Group Savings Fund |
20,286 |
3,569 |
(12,769) |
– |
11,086 |
|
UK Online |
7,036 |
1,280 |
(1,776) |
– |
6,540 |
|
Virgin Money |
14,513 |
43,245 |
(22,044) |
– |
35,714 |
|
Youth |
2,250 |
– |
– |
– |
2,250 |
|
Coalfields Regeneration Trust |
4,101 |
– |
(3,445) |
– |
656 |
|
County Durham Community Foundation |
9,961 |
– |
– |
– |
9,961 |
|
DCC Cree |
3,506 |
6,000 |
(5,412) |
– |
4,094 |
|
Co-op |
4,071 |
– |
(232) |
– |
3,839 |
|
Services for others |
1,160 |
– |
(558) |
– |
602 |
|
The Rank Foundation |
– |
– |
– |
– |
– |
|
Youth AAP |
2,200 |
– |
– |
(2,200) |
– |
|
SIB - YIF |
– |
118,525 |
(127,956) |
– |
(9,431) |
|
Locality |
14,213 |
– |
(5,144) |
– |
9,069 |
|
Greggs Foundation |
19,146 |
22,000 |
(24,177) |
– |
16,969 |
|
Ballinger Foundation |
16,372 |
18,500 |
(20,980) |
– |
13,892 |
|
National Lottery Community Fund - Awards For All |
– |
– |
– |
– |
– |
|
County Durham Community Foundation - Sustainability |
465 |
7,720 |
(10,428) |
– |
(2,243) |
|
Barbour CT |
– |
2,000 |
(2,000) |
– |
– |
|
Believe Housing |
– |
3,333 |
(133) |
– |
3,200 |
|
DCC Projects |
– |
5,450 |
– |
– |
5,450 |
|
James Knott Trust |
– |
10,000 |
– |
– |
10,000 |
|
--------- |
--------- |
--------- |
-------- |
--------- |
|
|
219,748 |
301,895 |
(298,926) |
(46,168) |
176,549 |
|
|
--------- |
--------- |
--------- |
-------- |
--------- |
|
|
At 1 January 2023 |
Income |
Expenditure |
Transfers |
At 31 December 2023 |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
Building Development fund |
73,850 |
69,411 |
(4,633) |
(55,828) |
82,800 |
|
County Durham Community Foundation (ESF3) |
5,385 |
– |
(2,325) |
(1,040) |
2,020 |
|
Neighbourhood Grant |
3,905 |
23,449 |
(14,946) |
(9,162) |
3,246 |
|
National Lottery Community Fund |
– |
18,120 |
(5,718) |
– |
12,402 |
|
East Durham Community Trust |
900 |
2,000 |
(2,900) |
– |
– |
|
Group Savings Fund |
21,706 |
5,202 |
(2,925) |
(3,697) |
20,286 |
|
UK Online |
5,766 |
4,200 |
(2,930) |
– |
7,036 |
|
Virgin Money |
21,105 |
17,134 |
(23,726) |
– |
14,513 |
|
Youth |
2,250 |
– |
– |
– |
2,250 |
|
Coalfields Regeneration Trust |
1,741 |
4,993 |
(2,033) |
(600) |
4,101 |
|
County Durham Community Foundation |
20,373 |
1,000 |
(5,684) |
(5,728) |
9,961 |
|
DCC Cree |
2,799 |
6,000 |
(5,293) |
– |
3,506 |
|
Co-op |
4,008 |
2,290 |
(811) |
(1,416) |
4,071 |
|
Services for others |
1,160 |
– |
– |
– |
1,160 |
|
The Rank Foundation |
– |
11,776 |
(8,792) |
(2,984) |
– |
|
Youth AAP |
2,200 |
– |
– |
– |
2,200 |
|
SIB - YIF |
– |
67,479 |
(5,655) |
(61,824) |
– |
|
Locality |
– |
18,000 |
(3,787) |
– |
14,213 |
|
Greggs Foundation |
– |
20,000 |
(854) |
– |
19,146 |
|
Ballinger Foundation |
– |
27,940 |
(9,068) |
(2,500) |
16,372 |
|
National Lottery Community Fund - Awards For All |
– |
4,264 |
(3,164) |
(1,100) |
– |
|
County Durham Community Foundation - Sustainability |
– |
9,960 |
(9,495) |
– |
465 |
|
Barbour CT |
– |
– |
– |
– |
– |
|
Believe Housing |
– |
– |
– |
– |
– |
|
DCC Projects |
– |
– |
– |
– |
– |
|
James Knott Trust |
– |
– |
– |
– |
– |
|
--------- |
--------- |
--------- |
--------- |
--------- |
|
|
167,148 |
313,218 |
(114,739) |
(145,879) |
219,748 |
|
|
--------- |
--------- |
--------- |
--------- |
--------- |
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Tangible fixed assets |
199,534 |
– |
199,534 |
|
|
Current Assets |
249,729 |
176,549 |
426,278 |
|
|
Creditors less than 1 year |
(3,096) |
– |
(3,096) |
|
|
--------- |
--------- |
--------- |
||
|
Net assets |
446,167 |
176,549 |
622,716 |
|
|
--------- |
--------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Tangible fixed assets |
197,881 |
– |
197,881 |
|
|
Current Assets |
160,796 |
219,748 |
380,544 |
|
|
Creditors less than 1 year |
(2,249) |
– |
(2,249) |
|
|
--------- |
--------- |
--------- |
||
|
Net assets |
356,428 |
219,748 |
576,176 |
|
|
--------- |
--------- |
--------- |
||