NORTH TYNESIDE LEARNING TRUST
Financial health, per its FY2023 accounts
The accounts state that the Trust reported a net expenditure of £128,330 for the year ended 31 December 2023, resulting in a decrease in total unrestricted reserves from £726,177 to £597,847. The Trustees acknowledge that reserves are depleting year on year as income from schools reduces, but they maintain a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2023 1 £90,001 - £100,000” — page 30
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2023 1 £90,001 - £100,000” — page 30
Funders the charity credits
- DfE
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (03/09/2014)
Trustees
- Laura Jane Baggettchair
- Claire Harrison-Hoggarth
- DAVID IAN HODGSON
- John Newport
- Marjory Elizabeth Burdis
- Ruth Elizabeth Jobey
- Stephen Wilson
- Terrence Gurr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £501k | £510k |
| 31/12/2023 | £526k | £654k |
| 31/12/2022 | £505k | £698k |
| 31/12/2021 | £567k | £723k |
| 31/12/2020 | £555k | £562k |
Common questions
Is NORTH TYNESIDE LEARNING TRUST financially healthy?
The accounts state that the Trust reported a net expenditure of £128,330 for the year ended 31 December 2023, resulting in a decrease in total unrestricted reserves from £726,177 to £597,847. The Trustees acknowledge that reserves are depleting year on year as income from schools reduces, but they maintain a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.
What does the highest-paid employee of NORTH TYNESIDE LEARNING TRUST earn?
Per its FY2023 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 25/11/2013 | £10k | "Exploring Our Heritage Stories" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE KIRBY LAING FOUNDATION | 1 | £10k |
| DR RADCLIFFE'S TRUST | 1 | £4k |