Tow Law Community Association Charity Accounts

COMPANY REGISTRATION NUMBER: 06244260

CHARITY REGISTRATION NUMBER: 1122539

Tow Law Community Association

Unaudited Financial Statements

For the Year Ending

31 March 2025

Tow Law Community Association

Financial Statements

Year Ended 31 March 2025

	Page

Trustees' Annual Report (Incorporating the Director's Report)	1

Independent Examiner's Report to the Trustees	6

Statement of Financial Activities (Including Income and Expenditure Account)	7

Statement of Financial Position	8

Notes to the Financial Statements	9

Tow Law Community Association

Trustees' Annual Report (Incorporating the Director's Report)

Year Ended 31 March 2025

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 2025 .

Chairman's report

This year has been a bit of a curate's egg with us being awarded over £70,000 under the UK Shared Prosperity Fund but 4 trustees resigning has meant there has been a lot of pressure on those remaining.

The UKSPF funding bids seems to have dominated this year with us having to obtain 3 quotes for each of the more expensive items we have been funded for. This became impossible for the storage batteries for the electricity produced by our solar panels. We eventually managed to get 2 and the panel finally accepted the lowest quote. Other items weren't quite so problematical and the help of Katie Aitken-McDermott of the Rural Design Centre was invaluable. We were informed we had been awarded the funding in December and received the funding by February and then had to have it spent by 31st March. It was very rushed at the end but we now have a resurfaced car park that badly needed repair, batteries to store the electricity we generate, brand new computers and functioning WiFi, a new surface on the hall floor various pieces of kitchen equipment and new water heaters.

The funding also included a new website www.towlawcommunitycentre.org that is very welcome.

The additional digital equipment has meant that we are now an official Digital Hub and therefore need to encourage the community to engage with us to use the equipment to enable them to become comfortable with using computers in this increasingly digitally organised society. To this end we have secured funding for a manager for 1 year with the possibility of extending it to 2 years to enable us to take this forward and to look at how we maximise the use of the centre and to support the increasingly stretched trustees.

We have secured a further years funding for our youth group but this has not been going too well because of lack of suitable staff to support Henry our youth worker. We will be giving this more attention going forward.

With a manager in place we hope the board can complete the Hallmark qualification with Durham Community Action. We also hope we can recruit some new trustees and some younger ones, especially as our Secretary of 40 years is planning to retire.

The Board continues to work well and continues to meet the challenges of ever changing times and again I thank them all for their support.

Paul Stokes

Chair

Objectives and Activities

Objectives

The objects of the Association are to:

(a) promote the benefit of the inhabitants of Tow Law and the surrounding area (hereinafter called "the area of benefit") without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants;

(b) establish, or secure the establishment of, a Community Centre (hereinafter called "the Centre") and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects.

(c) promote such other charitable purposes as may from time to time be determined. The Association shall be non-party in politics and non-sectarian in religion.

Centre Activities

Monday

10am till 12 noon Computer group drop in

Tuesday

1pm until 3pm alternate Tuesdays Home education roller disco/sport

5pm till 7pm Youth night

Wednesday

12 until 3pm Bread and Butter Thing

1.30pm to 4.30pm Art Group

7pm till 9pm Dog group

Thursday

10am till 3pm Foodbank, Drop in café, story time and little ones group

1pm to 2pm Chance to Dance Age UK

5pm till 9pm 1st Tow Law Scouts, squirrels, beavers, cubs,

scouts/explorer scouts

Friday

11am till 4pm Glass group

PACT meetings monthly

Saturday

Available for private bookings.

10am to 11.15am Street Dance

Achievements and Performance

Public Benefit

Our main activities are described in other parts of the trustees' report. We provide all are activities for the residents of Tow Law and surrounding areas. They are open to all and we are looking at the accessibility of the Centre to ensure we provide for all whatever their abilities. All our charitable activities are undertaken to further our charitable purposes for the public benefit. The trustees have had regard to the Charity Commission's guidance on public benefit throughout the year when deciding on the activities of the charity. We start new activities when we have funding available and are hoping to do further work with Well Being for Life.

Financial Review

The aim of the Trustees is to retain unrestricted reserves equivalent to 6 months centre running costs (excluding depreciation). At current activity levels this is equal to approximately £12,000.

Unrestricted reserves at 31st March 2025 were £18,381.

Structure, Governance and Management

Governing Document

The Tow Law Community Association is a charitable company limited by guarantee. It was incorporated as a company on 11th May 2007 with company number 06244260 and registered as a charity on 31st January 2008 with charity number 1122539 . It is governed by its Memorandum and Articles of Association dated 11 May 2007 as amended by ordinary resolution on 16 April 2009.

Recruitment, Induction and Training of new Trustees

We appointed two new Trustees this year, Barry Merchant and Philipa Smith. They were provided with the appropriate documents relating to governance and have been supported when necessary.

We continue to look for new trustees. In year Frank and Carolyn Cliff and Philipa Smith and Elvena Gwynnette resigned as trustees leaving a board of 8 so it isl important for us to recruit. We continue to need to appoint some trustees between 16 to 18 as we still have no young representatives at the moment.

An induction and training process for trustees to ensure they are aware of their role and responsibilities is in place and an induction pack is now available for new trustees.

The Management Committee

The charity currently has 8 trustees. All live in the Tow Law area apart from our Secretary who lives in Broompark 9 miles away. Our Chairman was formerly a mentor at Durham University but is now retired, our Secretary is a retired solicitor and of our remaining members some are local business people, one is a retired social worker and the remainder are retired from full time work. The committee meets monthly apart from August and December and are responsible for overall management of the Centre. The centre caretaker deals with day to day problems and refers them to the management committee as necessary. All members of the Management Committee give their time voluntarily and receive no benefit from the charity.

Risk Management

our biggest risk remains maintaining income to meet overheads. We still have a healthy balance on reserves but it is reducing. We continue to fund as much ongoing maintenance and repair through grants but we still need to be able to fund some with our own funds. Even though we have secured some long needed repairs. There are still things we need to do. Our aim as a committee is to try and retain as much of this reserve as we can to maintain our solvency into the future. The secretary and treasurer meet regularly with the Chairman to look at and monitor our finances. We also need to increase our activities at the centre to ensure an income stream. We need to ensure that the activities we provide are relevant to the local community and our users and to continue to look at opportunities to increase those activities. The new manager will be responsible for ensuring that we can source new income streams.

We also need to recruit more Trustees to ensure continuity and sustainability of the organisation.

We continue to review our Health and Safety and other policies to ensure we comply with current legislation and the premises are as safe as they can be.

We have entered into new energy contracts and the installation of the batteries to store the energy produced by our solar panels should ensure some sustainability but the gas heating will need to be monitored regularly.

Reference and Administrative Details

Registered charity name	Tow Law Community Association

Charity registration number	1122539

Company registration number	06244260

Principal office and registered	Tow Law Community Centre
office	Ironworks Road
	Tow Law
	Bishop Auckland
	County Durham
	DL13 4AW

The Trustees

	Mrs J Flynn (Secretary)
	Mrs D Thornton (Treasurer)
	Mr P Stokes (Chair)
	Mrs F Nicol (Vice Chair)
	Ms E Thorpe Henderson
	Ms M Craggs
	Ms E Gwynnette
	Mrs C Cliff	(Retired 26 March 2025)
	Mr F Cliff	(Retired 25 February 2025)
	Mr B Merchant	(Appointed 30 September 2024)
	Ms P Smith	(Retired 20 March 2025)

Company Secretary	Mrs J Flynn

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 13 October 2025 and signed on behalf of the board of trustees by:

Mrs J Flynn

Charity Secretary

Tow Law Community Association

Independent Examiner's Report to the Trustees of Tow Law Community Association

Year Ended 31 March 2025

I report to the trustees on my examination of the financial statements of Tow Law Community Association ('the charity') for the year ended 31 March 2025.

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

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

13 October 2025

Tow Law Community Association

Statement of Financial Activities

(including income and expenditure account)

Year Ended 31 March 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	–	109,617	109,617	50,655
Charitable activities	6	19,463	–	19,463	27,773
Investment income	7	780	–	780	1,144
		--------	---------	---------	--------
Total income		20,243	109,617	129,860	79,572
		--------	---------	---------	--------

Expenditure

Expenditure on charitable activities	8,9	46,176	65,970	112,146	76,569
		--------	---------	---------	--------
Total expenditure		46,176	65,970	112,146	76,569
		--------	---------	---------	--------

	--------	---------	---------	--------
Net income	( 25,933)	43,647	17,714	3,003
	--------	---------	---------	--------

Transfers between funds	25,816	(25,816)	–	–

	--------	---------	---------	--------
Net movement in funds	( 117)	17,831	17,714	3,003

Reconciliation of funds

Total funds brought forward	475,157	12,033	487,190	484,187
	---------	---------	---------	---------
Total funds carried forward	475,040	29,864	504,904	487,190
	---------	---------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Tow Law Community Association

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible fixed assets	14		456,659	452,628

Current Assets

Debtors	15	4,934	4,389
Cash at bank and in hand		43,981	30,793
		--------	--------
		48,915	35,182

Creditors: amounts falling due within one year	16	670		620
		--------		--------
Net Current Assets			48,245	34,562
			---------	---------
Total Assets Less Current Liabilities			504,904	487,190
			---------	---------
Net Assets			504,904	487,190
			---------	---------

Funds of the Charity

Restricted funds		29,864	12,033
Unrestricted funds		475,040	475,157
		---------	---------
Total charity funds	17	504,904	487,190
		---------	---------

For the year ending 31 March 2025 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 13 October 2025 , and are signed on behalf of the board by:

Mrs D Thornton (Treasurer)
Trustee

Tow Law Community Association

Notes to the Financial Statements

Year Ended 31 March 2025

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 Tow Law Community Centre, Ironworks Road, Tow Law, Bishop Auckland, County Durham, DL13 4AW.

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 investments measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. The entity is a Public Benefit 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 consider that there are no significant estimates or judgements affecting the financial statements.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the purposes of the charity. Designated funds are unrestricted funds earmarked by the trustees for specific purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

Income

All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Donations and legacy income is received by way of donations, legacies, grants and gifts and is included in full in the Statement of Financial Activities when receivable. Where legacies have been notified to the charity but the criteria for income recognition have not been met, the legacy is treated as a contingent asset and disclosed if material. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity, being the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market. Investment income is included when receivable. Income from charitable trading activity is accounted for when earned. Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

Expenditure

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:

Costs of raising funds comprise the costs associated with attracting donations, grants and legacies and the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

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 between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

Tangible Assets

Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £100 are not capitalised.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land & Buildings	-	2% straight line
Playground Equipment	-	10% straight line
Furniture & Equipment	-	10% reducing balance

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or paable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.

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 2025 there were 9 members each of whom had undertaken to contribute an amount not exceeding £10 in the event of a winding up.

5. Donations and Legacies

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Grants

County Durham Community Foundation	–	–	–
Durham County Council	–	13,520	13,520
Tow Law Town Council	–	650	650
Co-op Community Fund	–	1,547	1,547
The National Lottery Community Fund	–	19,956	19,956
The Ballinger Charity	–	–	–
UKSPF	–	69,730	69,730
Rural Design Centre	–	4,214	4,214
	----	---------	---------
	–	109,617	109,617
	----	---------	---------

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Grants

County Durham Community Foundation	–	10,000	10,000
Durham County Council	–	24,783	24,783
Tow Law Town Council	4,400	500	4,900
Co-op Community Fund	–	1,041	1,041
The National Lottery Community Fund	–	–	–
The Ballinger Charity	–	9,931	9,931
UKSPF	–	–	–
Rural Design Centre	–	–	–
	-------	--------	--------
	4,400	46,255	50,655
	-------	--------	--------

6. Charitable Activities

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Lettings, activities and other centre income	16,175	–	16,175
Solar PV income	3,288	–	3,288
Foodbank	–	–	–
	--------	----	--------
	19,463	–	19,463
	--------	----	--------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Lettings, activities and other centre income	17,482	–	17,482
Solar PV income	10,166	–	10,166
Foodbank	–	125	125
	--------	----	--------
	27,648	125	27,773
	--------	----	--------

7. Investment Income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	780	780	1,144	1,144
	----	----	-------	-------

8. Expenditure on Charitable Activities by Fund Type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Costs of charitable activities	46,176	65,970	112,146
	--------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Costs of charitable activities	56,073	20,496	76,569
	--------	--------	--------

9. Expenditure on Charitable Activities by Activity Type

	Activities undertaken directly	Total funds 2025	Total fund 2024
	£	£	£
Costs of charitable activities	112,146	112,146	76,569
	---------	---------	--------

10. Net Income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	21,785	20,391
	--------	--------

11. Independent Examination Fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	540	520
Other financial services	178	148
	----	----
	718	668
	----	----

12. Staff Costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	9,518	8,669
	-------	-------

The average head count of employees during the year was 1 (2024: 1 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of centre staff	1	1
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

13. Trustee Remuneration and Expenses

Trustees received no remuneration or expenses during the year.

14. Tangible Fixed Assets

	Land and buildings	Playground Equipment	Furniture & Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	691,603	65,695	111,941	869,239
Additions	15,168	1,987	8,661	25,816
	---------	--------	---------	---------
At 31 March 2025	706,771	67,682	120,602	895,055
	---------	--------	---------	---------
Depreciation
At 1 April 2024	283,841	36,726	96,044	416,611
Charge for the year	15,361	3,968	2,456	21,785
	---------	--------	---------	---------
At 31 March 2025	299,202	40,694	98,500	438,396
	---------	--------	---------	---------
Carrying amount
At 31 March 2025	407,569	26,988	22,102	456,659
	---------	--------	---------	---------
At 31 March 2024	407,762	28,969	15,897	452,628
	---------	--------	---------	---------

15. Debtors

	2025	2024
	£	£
Trade debtors	2,271	1,136
Prepayments and accrued income	2,663	3,253
	-------	-------
	4,934	4,389
	-------	-------

16. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	620
Accruals and deferred income	670	–
	----	----
	670	620
	----	----

17. Analysis of Charitable Funds

Unrestricted funds

	At 1 April 2024	Income	Expenditure	Transfers	At 31 March 2025
	£	£	£	£	£
General Funds	22,529	20,243	(24,391)	–	18,381
Capital Fund	452,628	–	(21,785)	25,816	456,659
	---------	--------	--------	--------	---------
	475,157	20,243	(46,176)	25,816	475,040
	---------	--------	--------	--------	---------

	At 1 April 2023	Income	Expenditure	Transfers	At 31 March 2024
	£	£	£	£	£
General Funds	25,019	33,192	(35,682)	–	22,529
Capital Fund	447,717	–	(20,391)	25,302	452,628
	---------	--------	--------	--------	---------
	472,736	33,192	(56,073)	25,302	475,157
	---------	--------	--------	--------	---------

Restricted funds

	At 1 April 2024	Income	Expenditure	Transfers	At 31 March 2025
	£	£	£	£	£
Co-op Community Fund	1,863	1,547	(3,410)	–	–
Durham County Council - Lunch Club	936	–	(256)	–	680
DCC Summer activity grant	–	–	–	–	–
DCC Youth grant	–	–	–	–	–
TLTC Art grant	–	400	(250)	–	150
Food Bank grants	1,324	–	(799)	–	525
DCC Fun & Food	–	–	–	–	–
The Ballinger Charity	5,131	–	(5,131)	–	–

DCC Playground	–	–	–	–	–
CDCF Outdoor play area	1,738	–	–	(1,738)	–
Co-op Community grant 2024	1,041	–	(1,041)	–	–
TLTC Lantern bus	–	–	–	–	–
DCC Theatre grant	–	–	–	–	–
TLTC Glass Group	–	250	(250)	–	–
DCC - Warm Space	–	13,520	(4,967)	–	8,553
UKSPF - Digital grant	–	21,901	(21,901)	–	–
UKSPF - Photocopier grant	–	1,747	–	(1,747)	–
UKSPF - Centre improvements	–	41,821	(19,490)	(22,331)	–
National Lottery Community Fund	–	19,956	–	–	19,956
Rural Design Centre	–	4,214	(4,214)	–	–
UKSPF - Volunteer grant	–	4,261	(4,261)	–	–
	--------	---------	--------	--------	--------
	12,033	109,617	(65,970)	(25,816)	29,864
	--------	---------	--------	--------	--------

	At 1 April 2023	Income	Expenditure	Transfers	At 31 March 2024
	£	£	£	£	£
Co-op Community Fund	1,863	–	–	–	1,863
Durham County Council - Lunch Club	1,071	–	(135)	–	936
DCC Summer activity grant	43	–	(43)	–	–
DCC Youth grant	5,471	–	(5,471)	–	–
TLTC Art grant	112	250	(362)	–	–
Food Bank grants	2,891	125	(1,692)	–	1,324
DCC Fun & Food	–	5,259	(5,259)	–	–
The Ballinger Charity	–	9,931	(4,800)	–	5,131
DCC Playground	–	18,999	–	(18,999)	–
CDCF Outdoor play area	–	10,000	(1,959)	(6,303)	1,738
Co-op Community grant 2024	–	1,041	–	–	1,041
TLTC Lantern bus	–	250	(250)	–	–
DCC Theatre grant	–	525	(525)	–	–
TLTC Glass Group	–	–	–	–	–
DCC - Warm Space	–	–	–	–	–
UKSPF - Digital grant	–	–	–	–	–
UKSPF - Photocopier grant	–	–	–	–	–
UKSPF - Centre improvements	–	–	–	–	–
National Lottery Community Fund	–	–	–	–	–
Rural Design Centre	–	–	–	–	–
UKSPF - Volunteer grant	–	–	–	–	–
	--------	--------	--------	--------	--------
	11,451	46,380	(20,496)	(25,302)	12,033
	--------	--------	--------	--------	--------

18. Analysis of Net Assets Between Funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	456,659	–	456,659
Current assets	19,051	29,864	48,915
Creditors less than 1 year	(670)	–	(670)
	---------	--------	---------
Net assets	475,040	29,864	504,904
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	452,628	–	452,628
Current assets	23,149	12,033	35,182
Creditors less than 1 year	(620)	–	(620)
	---------	--------	---------
Net assets	475,157	12,033	487,190
	---------	--------	---------