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2022-03-31-accounts

Charitable Fund Annual Report and Accounts 2021-22

Contents

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Foreword 3
Introduction by the Chair 4
The Charitable Fund 5
The Trustees 6
Structure, administration and management 7
Risk management 8
Partnership working and networks 8
Registered address 8
Bankers 9
Independent examiners 9
The funds 9
Financial position 10
Incoming resources 12
Charitable activities 13
Raising funds expenditure 14
Support costs 15
16
Public benefit
Reserves policy 16
Grant making policy 16
Grants received 16
League of Friends grants received by corporate trustee 17
Investments policy 19
Investments 19
Fundraising report 2021-22 21
Trustees’ responsibilities in relation to the financial statements 23
Statement of financial activities for the year ending 31 March 2022 24
Statement of financial position as at 31 March 2022 25
Statement of cash flows for the year ending 31 March 2022 26
Notes on the accounts 27
Independent examiners report on the accounts 41
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Charitable Fund Annual Report and Accounts 2021-22

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Foreword

The corporate trustee presents the charitable funds annual report together with the independently examined financial statements for the year ending 31 March 2022.

The annual report and accounts for the year ending 31 March 2022 have been prepared in accordance with Part 8 of the Charities Act 2011 and the Accounting and Reporting: 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). The annual report and accounts include all the linked charities for which Cornwall Partnership Foundation Trust Charitable Fund is the reporting charity.

The charitable funds are registered with the Charity Commission (number 1058366) in accordance with the Charities Act 2011.

Charitable Fund Annual Report and Accounts 2021-22

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Introduction by the Chair

I am pleased to present the annual report and accounts for the Cornwall Partnership Foundation Trust Charitable Fund for the year ending 31 March 2022.

The charity is a complex organisation with 40 currently active funds, some of which are split into a range of sub-funds, reflecting the diversity of services that Cornwall Partnership NHS Foundation Trust provides. Spending plans are always under review to ensure that funds are active and are spent in accordance with their objectives and in conjunction with the strategic direction for the healthcare services that the corporate trustee provides.

The net assets of the charity are £1,434,454 (31 March 2021: £1,474,258) which is a net reduction of £39,804 from the previous year position. Incoming resources for 2021-22 were £96,334 (2020-21: £337,146) and are described in more detail later in this report.

Expenditure for the financial year 2021-22 has been £136,204 (2021-22: £257,983). This is described in more detail later in this report.

The charity has made a wide range of grants across the services provided by the Trust. Charitable funds have supported items such as trips to the beach, membership of Surfing England, fleeces for staff and garden furniture.

A later section in this report provides more detail on the areas of support received from League of Friends charities across the county.

Spending plans are always under review to ensure that funds are active and are spent in accordance with their objectives and in conjunction with the strategic direction for the healthcare services that the corporate trustee provides.

At a time when so many people are struggling, we are grateful for the support of all donors to the charitable fund.

We should remember that the charitable fund is not the only charity supporting the NHS services of the Trust. Our community hospitals are supported by a network of League of Friends charities. These actively fund raise to provide grants to their local hospital for the purchase of medical equipment and a whole range of patient facilities. The help received by the Trust from League of Friend’s charities is hugely valuable.

Julie Stone Chair Charitable Fund Committee

Charitable Fund Annual Report and Accounts 2021-22

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The Charitable Fund

The Cornwall Partnership Foundation Trust Charitable Fund (registration number 1058366) is the reporting charity for

The funds are currently active. These are all governed by a model declaration of Trust for an NHS Special Purpose Charity. The definitions of these different types of fund are as follows.

Unrestricted funds

These are sometimes called general funds. These may be spent at the discretion of the Trustees on the charity objectives. Additionally, unrestricted funds may be designated at the discretion of the Trustees. Such monies are earmarked for a specific purpose, such as a named hospital ward, particular service or project. Designated funds can also be undesignated at the discretion of the Trustees.

Restricted funds

Also known as special funds these can only be used in accordance with restrictions imposed when the funds are donated, granted or raised by the charity (such as for a particular hospital or the purchase or maintenance of equipment or facility).

Endowment funds

Funds donated, usually as a result of a legacy, where the Trustees are not allowed to spend the capital element of the donation. The money is held permanently and invested to earn income that in turn can be spent.

Charitable Fund Annual Report and Accounts 2021-22

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The Trustees

The Trustees are a corporate body (Cornwall Partnership NHS Foundation Trust) and consist of the members of the Board.

In the year ended 31 March 2022, the Board of Trustees are detailed below.

Non executive directors

Executive directors

In the year ended 31 March 2022, the Charitable Fund Committee consisted of the following:

Representatives from the Cornwall League of Friends Association also attend but are nonvoting members.

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Structure, administration and management

The corporate trustee fulfils its legal duty by ensuring that donations and grants received are added to the appropriate fund balance in accordance with the donor’s wishes and that spending of funds is in accordance with the purpose for each fund.

The Board as corporate trustee has delegated overall management and responsibility of the charitable fund to the charitable fund committee.

The committee is required to:

Charitable fund expenditure can be for any charitable purpose relating to the NHS but in the case of the restricted funds, expenditure is limited to the specific service or location for which the fund was established. Some of the restricted funds also have special conditions imposed on them. There is 1 permanent endowment fund for which only the cumulative interest can be spent.

The detailed objects for each fund can be found on the Charity Commission website under the linked charities section of the Cornwall Partnership Foundation Trust charity details.

Non-executive members of the Trust Board are appointed by the Governors, and executive members of the Board are appointed by the Foundation Trust Board. Members of the Trust Board and the Charitable Fund Committee are not individual Trustees under Charity Law but act as agents on behalf of the corporate trustee.

The accounting records and the day-to-day administration of the funds are managed by the Cornwall Partnership NHS Foundation Trust finance department.

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Risk management

As part of good governance, potential major risks to the charity have been identified and considered, and mitigations put in place. The Charitable Fund Committee has a policy of placing deposits only with specialist charity sector financial institutions or those that meet a strict criteria of risk ratings as assessed by the credit rating agencies. Currently these are the Charities Aid Foundation (CAF), CCLA Investment Management Ltd and the Nationwide Building Society. In addition, maximum use is made of the £85,000 covered under the Financial Services Compensation Scheme (FSCS) so that in the event of banking insolvency losses are minimised. The Trustees have taken a risk averse approach to investment. The risk management associated with this is covered in the section on investment policy.

All funds are checked before a payment is made to ensure that there is money available to meet expenditure. Fund balances, income and expenditure statements are sent to fund holders on a monthly basis. The committee are presented with a statement of income and expenditure and fund balances at every committee meeting for assurance. The committee are also required to approve any expenditures over £1,500 relating to the Charitable Fund Committee.

The charity also has a comprehensive set of management guidelines. These are reviewed on an annual basis and empower fund holders to better understand public benefit and to be able to use their funds effectively.

Partnership working and networks

The beneficiaries of the charity are the inpatient and community-based service users of Cornwall Partnership NHS Foundation Trust.

Cornwall Partnership NHS Foundation Trust is a related party by virtue of being the corporate trustee of the charity. By working in partnership with the Cornwall Partnership NHS Foundation Trust Charitable Funds are used for the public benefit.

The charitable fund has a close working relationship with the League of Friends and we are hugely grateful for all the work that they do in supporting the patients and staff at the Trust’s hospitals and community services.

Registered address

The registered address of the charity is Cornwall Partnership Foundation Trust Charitable Fund, Finance Department, Suite 8, Carew House, Beacon Technology Park, Dunmere Road, Bodmin, PL31 2QN.

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Bankers

Banking facilities are provided by Lloyds Bank Plc.

Independent examiners

The Charities Annual Report and Accounts are independently examined by ASW Assurance, Whitefriars (Level 3), Lewins Mead, Bristol, BS1 2NT.

The funds

The charity currently holds a range of different funds to support our hospitals and services. These are grouped into 1 unrestricted fund, 17 designated funds, 22 restricted funds, and one permanent endowment fund. A list of funds is as follows.

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Name of fund Unrestricted Restricted Permanent
or designated endowment
General fund •
ACS research training and development •
CC&D community services •
COVID-19 appeal •
Early intervention: social inclusion •
Eating disorder service •
Help improve personal potential opportunities •
Learning disabilities development fund •
Learning disability advisory group •
Mental health general funds (2 funds) •
NHS Charities Together (2 funds) •
Richmond House •
Special parenting fund •
St Mary’s Community Hospital •
Trevillis fund •
Volunteers in Partnership •
Bodmin Community Hospital general •
Bodmin Community Hospital mental health •
Bolitho House •
Camborne Redruth Community Hospital •
Children’s services •
Cornwall community teams •
Day centres •
Dementia inpatients fund •
Edward Hain Community Hospital •
Falmouth Community Hospital •
Fowey Community Hospital •
Helston Community Hospital •
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Charitable Fund Annual Report and Accounts 2021-22

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Name of fund Unrestricted Restricted Permanent
or designated endowment
Launceston Community Hospital •
Liskeard Community Hospital •
Longreach House •
Newquay Community Hospital •
St Austell Community Hospital •
St Barnabas Community Hospital •
Stratton Community Hospital •
Supported domestic housing •
Trengweath fund •
Sowenna fund •
Allsup bequest •
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The larger community hospitals such as Bodmin, Camborne Redruth and St Austell will have a number of sub funds representing the different wards and services within the site. Also the Cornwall community teams fund consists of sub funds representing community teams across the county. For a breakdown of the financial position on each fund please read note 21 of the charitable funds accounts.

Financial position

The net assets of the charitable fund as at 31 March 2022 are £1,434,454 (2020-21: £1,474,258). A summary of the assets and liabilities of the charity is shown in the table below.

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Description 31 March 31 March
2022 2021
£’000 £’000
Fixed asset investments 57 52
Current assets 1,408 1,456
Current liabilities (31) (33)
Total net assets 1,434 1,475
Unrestricted funds 221 225
Restricted funds 1,201 1,238
Endowment funds 12 12
Total funds 1,434 1,475
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Fixed asset investments are quoted on the stock market and a summary of these can be found in the investments section of this report. Current assets represent cash held in our current account and on deposit and money that the charity is owed. Current liabilities are money that the charity owes. For definitions of the different type of funds see page 5.

The charity expended more than it received by £39,870 for this financial year. An analysis of both income and expenditure is given in the sections below.

Charitable Fund Annual Report and Accounts 2021-22

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f-I',r'.

Incoming resources

Total income for the year is £90,996 excluding unrealised gains on investments (2020-21: £337,146). The main beneficiary of fundraising, grants and donations in year has been Sowenna but all sites and services across the Trust have benefited from charitable giving in support of our services. Liskeard Community Hospital received a very generous donation from the Liskeard League of Friends following the winding up and closing of the accounts of the League of Friends.

The charitable fund would like to convey their special thanks in this report to the Liskeard Hospital League of Friends for all their hard work and support over the years. Particular thanks should go to a local fund-raiser who following a period of admission to Fletcher Ward organised an auction and fundraising evening to raise funds for the unit. In excess of £8,500 was raised which was then topped up by a £1,500 donation from Lloyds Bank.

The chart below summarises income for this financial year and as a comparison going back to 2012.

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Income from 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
• Fundraising and 2 1 2 1 9 2 8 176 250 196 39
grants
• Donations 32 26 159 103 128 54 44 39 38 87 51
• Legacies 0 0 4 270 47 102 280 2 394 50 0
• Investment income 2 6 5 7 3 9 3 8 4 1 0
• Other income 6 0 1 1 5 186 4 4 5 2 0
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Charitable Fund Annual Report and Accounts 2021-22

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Charitable activities

Charitable activities comprises all the costs incurred in the pursuit of the charitable objectives of the charity. In 2021-22 this was £113,146 (2020-21: £237,382). These figures and those below exclude support costs which are apportioned across all funds (see page 15). Expenditure funded by Charitable Funds is split into 5 categories and is summarized in the sections below and the chart below.

Build and refurbishment

Expenditure on new build and refurbishment funded from charitable funds was £51,425 (2020-21: £79,430). This relates in the main to funding for the family accommodation at Sowenna and also new carpeting.

Patient facilities and welfare

There is a wide variety of expenditure funded from charitable funds under this category which has supported a range of activities and facilities for patients. Expenditure in 2021-22 was £15,075 (2020-21: £22,664).

This expenditure includes support for staff to enhance their skills through training, attendance at conferences or good practice seminars, which in turn will have a direct benefit on the treatment of patients.

Team development days designed by teams themselves and training resources are also funded within this category. Small thank you gifts of recognition to our volunteers that assist with the expert patient programme have also been funded during the year.

A contribution towards prizes for the Trust’s staff recognition event (known as the CARE Awards) was also made in year.

Examples of patient welfare expenditure in year at Sowenna include creative workshops, Amazon music subscriptions, art materials and cooking activities.

Also funded during the year was Sowenna Sounds. This is a series of workshops provided by a professional music production company aimed at teaching young people music production and recording skills.

Examples from other Trust services include licensing relating to the My Dementia software, purchase of dementia activities and games and purchase of bean bags.

Staff training, support and welfare

Expenditure funded from charitable funds in 2021-22 was £3,604 (2020-21: £73,845).

Equipment

Expenditure funded for equipment in 2021-22 was £43,034 (2020-21: £39,290). This category emphasises the extent to which charitable funds are being invested in modern equipment to support the delivery of healthcare.

Some of the higher value items funded in year were a cardio wall at Bodmin Community Hospital, new gym equipment for the Bowman ward gym at Bodmin Community Hospital, bedside tables and cabinets at Liskeard Community Hospital and garden furniture at Roston.

This year, Sowenna funding included gym equipment, a cardio wall, indoor games (including a pool table), Nintendo games and an LG sound bar. Music recording and production equipment has also been funded so that there are permanent in-house resources available to continue the music production skills learnt through the Sowenna Sounds project.

Charitable Fund Annual Report and Accounts 2021-22

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As is the case each year many other smaller value items of medical equipment used in the diagnosis and treatment of patients have also been purchased.

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Charitable activity 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
• Research 0 0 0 0 0 0 0 0 0 22 0
• Fund raising 0 0 0 0 0 0 0 97 90 0 1
• Support costs 5 4 21 21 21 15 19 16 18 21 22
• Build and 34 0 1 5 14 229 32 1 25 79 51
refurbishment
• Patient facilities and 13 8 43 60 29 23 12 50 9 22 15
welfare
• Staff support 10 2 10 11 9 9 12 33 9 74 4
• Equipment 5 0 167 107 104 64 37 35 96 39 43
• Other expenditure 0 10 0 0 0 1 0 0 0 0 0
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Raising funds expenditure

Raising funds expenditure for 2021-22 was £1,425 (2020-21: £NIL). The ability to actively raise funds has been limited by COVID-19. Fundraising activity has taken place but it has not been possible to reliably identify costs that should exclusively be identified and charged to charitable funds apart from some minor non-pay costs.

Although some of the funds carry out minor fundraising events this is done on a voluntary basis and does not give rise to any associated costs.

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Support costs

Total support costs for 2021-22 is £21,632 (2020-21: £20,551). This includes costs for the running of the charity plus other professional fees. A detailed breakdown of these costs is included in note 11 to the accounts.

NHS Charities are by statute required to reimburse their corporate trustee for the cost of running the charity so that it is not subsidised from public funds. Cornwall Partnership Foundation Trust Charitable Fund does not employ any staff directly so £18,512 (2020-21: £17,483) represents a recharge for the time that the Trust’s own staff spend on the governance and administration of the charity.

In accordance with Charity Commission guidelines support costs are apportioned across the charitable activities and are actually charged to funds based on their balance at the end of the financial year. This method is used rather than activity apportionment because the Trustees consider it is a more equitable treatment and avoids disadvantaging those funds with high volume, low value transactions.

Cornwall Partnership Foundation Trust Charitable Fund benchmarks itself against other NHS charitable funds to confirm that its support costs are reasonable. Cornwall Partnership NHS Foundation Trust (as the corporate trustee) also takes part in national benchmarking of corporate costs which includes amounts spent on charitable fund financial services. Through both methods of benchmarking the Trust is satisfied that support costs charged are reasonable. The Trust will continue to review the level of support costs to insure that costs charged are reasonable and fairly represent the level of resource dedicated to charitable fund administration and financial services.

The chart below shows historic support costs.

Description 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
•Support costs 5 4 21 21 21 15 13 16 18 21 22

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Public benefit

All charities must demonstrate how funds are used for the public benefit. Cornwall Partnership Foundation Trust Charitable Fund uses its funds to purchase equipment, sustain patient wellbeing, and support staff development. All of these activities directly or indirectly benefit members of the public, and the fund expenditure falls within the charitable purposes as set out in the governing document.

Reserves policy

As recommended in the Charity Commission Guidance CC19, the Trustees set a reserves policy that is reviewed on an annual basis. The funds are held in the management of Cornwall Partnership Foundation Trust Charitable Fund. Where historical funds are held, every effort is made to draw up expenditure plans to further the charity’s objectives.

The policy states that:

The Trustees require the director of finance to report the balances on individual funds at each committee meeting.

Grant making policy

The charities principal activity is supporting its corporate trustee in the delivery of healthcare. The charity achieves this aim by making grants from both restricted and unrestricted funds which fulfil the public benefit criteria and meet the objective for the fund from which the grant is being made. The categories of expenditure funded from these grants and some specific examples are described in the charitable activities section on page 13.

Grants received

Included within income classified as grants received in year is a grant gratefully received from the Wooden Spoon charity in support of Sowenna. We would like to thank all grant making organisations that have supported the charitable fund in year.

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League of Friends grants received by corporate trustee

Our community hospitals are supported in Cornwall by a thriving and hard-working network of League of Friends for each hospital who tirelessly fund raise to help support the delivery of healthcare through the purchase of up-to-date medical equipment and other patient facilities. Their contribution is greatly appreciated.

Where an equipment grant from the League of Friends is agreed, the equipment is purchased by the corporate trustee and then the Trust themselves invoice the League of Friends for their grant. This is reflected as grant funded income in the annual accounts of the corporate trustee. A summary of the grants gratefully received from League of Friends charities is provided in the table below.

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Donating League of Friends Amount (£)
Bodmin Hospital League of Friends 4,351
Guild of Friends Camborne-Redruth Community Hospital 746
League of Friends of Stratton Hospital 3,820
Liskeard Community Hospital League of Friends 11,531
The League of Friends of Launceston Hospital and Community 5,653
The League of Friends of the Helston Community Hospital 8,276
The League of Friends of the Newquay and District Hospital 7,909
Total 42,286
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A summary of some of the key items purchased from these grants is summarised below.

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Bodmin Hospital League of Friends Amount (£)
Conversion of Anchor Ward shower room 2,922
Guild of Friends Camborne-Redruth Community Hospital Amount (£)
8 lockers for Camborne Redruth Community Hospital Minor Injury Unit 2,922
League of Friends of Stratton Hospital Amount (£)
New cabinets 2,841
Stethoscope 718
Liskeard Community Hospital League of Friends Amount (£)
New metal shed 3,566
Hoverjack 7,965
The League of Friends of Launceston Hospital and Community Amount (£)
Doppler machine 1,528
Bedside cabinets and cupboards 4,082
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The League of Friends of the Helston Community Hospital Amount (£)
2 Oxford Presence hoists and slings 6,621
Emergency crash trolley 1,655
The League of Friends of the Newquay and District Hospital Amount (£)
Hoverjack 7,965
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In addition to the above, there are also some grants from League of Friends that are received direct into the charitable fund such as for patient’s Christmas presents. The charitable fund is particularly grateful for the League of Friends funded Christmas presents which are always well received by patients who have to spend their Christmas as an inpatient.

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Investments policy

In accordance with Charity Commission Guidance CC14 the Trustees set an investment policy that is reviewed on an annual basis. The principles of the Cornwall Partnership Foundation Trust Charitable Fund investment policy are as follows.

A balance of investments shall be selected with the purpose of:

Risk management will be facilitated by:

Investment funds will be selected that have responsible investment policies. Tobacco related investments will be specifically prohibited.

Investments

The Cornwall Partnership Foundation Trust Charitable Fund invested £18,000 in March of 2011, placing £9,000 in the Charities Aid Foundation (CAF) Socially Responsible Portfolio managed by BMO and £9,000 in CCLA’s COIF Charities Global Equity Income Fund Accumulation Units.

At the beginning of 2013-14 the funds were each increased by a further £2,000. In accordance with the charity’s own investment policy, these have been kept continuously under review and the fund performance reported at each committee meeting. A summary of the investments as at 31 March 2022 is below.

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Fund Amount Total Price as Valuation Valuation Valuation Valuation Unrealised
of original number of 31 as of 31 as of 31 change change gain or
investment of units March March March since 31 overall loss 1
currently 2022 2022 2021 March April
held 2021 2021 to
31 March
(£) (£) (£) (£) (%) (%) 2022
COIF 11,000 7,289.13 4.9751 36,264.15 32,030.62 13.22 229.67 4,233.53
BMO 11,000 14,729.87 1.4300 21,062.28 19,957.62 5.54 91.48 1,104.66
responsible
UK income
fund
Totals 22,000 N/A N/A 57,326.43 51,988.24 N/A N/A 5,338.19
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Charitable Fund Annual Report and Accounts 2021-22

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*J j,.i4'1;

Fundraising report 2021-22

The fundraising function within Cornwall Partnership NHS Foundation Trust offers widespread support and guidance to charitable fund holders and fundraisers throughout the organisation. Increasingly, our staff and their patients are benefiting from charitable funds, and staff are engaging in team activities to raise funds to enhance the environments they work and deliver care in.

Staff fundraising

Garner Ward, our dementia assessment unit based at Bodmin Hospital, took part in a ‘Walk to remember’ to raise funds to create a picnic area for their staff and patients. The team exceeded their target of £2,500 raising £3,806.00 and £510.25 gift aid walking various parts of the South West Coast Path.

The crisp packet recycling scheme ended in Spring 2022, as many supermarkets now offer recycling points for crisp packets and flexible plastics. We took part in this initiative for 3 years, during which we recycled 365.96kg worth of crisp packets (roughly 60,000 packets) and Terracycle have been able to recycle the packets into new products like outdoor furniture and playgrounds. Charity points accumulated from the number of packets we have sent in were converted into funds for the Sowenna Appeal raising over £500. Organisations such as Coodes Solicitors, Cormac Contracting, and Pentreath Ltd have been collecting and recycling their crisp packets for us, as well as many local businesses, schools, and Brownie groups.

Individual fundraising

The team at Roston Short Breaks organised a sponsored 5k walk named ‘Stepping for sensory’ to raise money for sensory equipment that will enhance the children's experiences during their stay at Roston. They raised an impressive £675.90 plus £73.75 gift aid to help the children develop and explore their senses.

Community

Community support for our child and adolescent mental health unit Sowenna is still thriving which bodes well for the future of the Sowenna Charitable Fund. We have been delivering presentations alongside staff from the hospital to update supporters such as Bodmin Rotary Club.

In 2021-22, we received generous donations from Dobwalls Ladies Group, the Cornwall Masonic Charitable Foundation, St Erme WI, The Ladies Group of Bodmin Methodist Church, and Polperro Community Council. Mullion School raised £172.12 with their fundraising cake sale in support of one of their students who has received help from Sowenna, and the Inner Wheel Club of Wadebridge selected the Sowenna Appeal as their Charity of the Year.

A grateful patient who spent 3 months on Fletcher Ward held a charity auction in September 2021 to raise awareness of mental health issues and charitable funds for the ward, raising a huge £8,505.74. Lloyds Bank kindly committed an extra £1,500 bringing the grand total to £10,005.74. Thanks to this inspirational fundraiser, the ward manager has planned an impressive refurbishment of the care environment to benefit future patients. Over the festive period in 2021 the Sowenna Appeal received £340.00 in Just Giving donations plus £62.50 gift aid, many in lieu of giving Christmas cards.

In memory

In 2021-22 we received a number of donations in memory of loved ones, thoughtfully given in thanks or support of the services or wards who cared for those who have sadly passed away. We would like to thank all the individuals, families, and friends who supported the charitable fund in memory of someone this year.

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Hospital League of Friends

NHS Charities Together

As mentioned earlier in this report, our community hospitals are supported by a thriving and hard working network of League of Friends who tirelessly fundraise to help support the delivery of healthcare through the purchase of up-to-date medical equipment and other patient facilities. To provide some in year examples, the League of Friends of Stratton Hospital generously agreed to fund a replacement x-ray machine at Stratton Community Hospital in memory of their late chair and mentor, Candy Baker MBE, and the League of Friends of Helston Community Hospital funded replacement hoists and disposable slings for Lismore Ward at Helston Community Hospital.

Liskeard Community Hospital League of Friends sadly disbanded in 2022 and kindly transferred the charity’s financial balance of £21,145 to Liskeard Community Hospital’s charitable fund. Bodmin Hospital League of Friends generously funded Christmas gifts for every patient who spent the festive period on the Bodmin Hospital site, and the feedback from the beneficiaries of this compassionate gesture was overwhelmingly positive.

Grant giving trusts

In 2021 we gratefully received £29,640 towards the activity suite and equipment at Sowenna. The activity suite is an incredibly important and valuable asset at the Sowenna unit, and the positive impact for the young people who are struggling with severe mental health difficulties of having access to these spaces and activities during their treatment and recovery is immeasurable.

In 2021-22 we allocated £50,000 of second wave funding from NHS Charities Together, received in 2020, towards launching a health and wellbeing fund for staff. This contribution from the charitable fund was match funded by Cornwall Partnership NHS Foundation Trust enabling us to launch a £100,000 wellbeing fund for staff, demonstrating a commitment from our board of directors to support the wellbeing of our exceptional staff, particularly during this prolonged period of unprecedented demand on our services.

With hundreds of teams spread sporadically across the county of Cornwall, providing a huge variety of services and functions, we understand that the needs of our people are unique and diverse. This wellbeing budget is accessible to all staff groups and is being used to fund group wellbeing activities, team development sessions, team building away days, or to purchase items to enhance work environments, breakout spaces and staff areas.

Our fundraising manager continues to work with the health and wellbeing team to develop applications for future funding rounds by identifying appropriate and beneficial projects with a particular focus on supporting staff through a period of COVID-19 recovery, and post- pandemic wellbeing initiatives.

“At Sowenna, we recognise the importance of having access to activities that are meaningful to our young people and we strive to provide a range of activities to enable young people to engage in things that they enjoy which support their recovery. This includes crafts, sports, cooking, games, trips and relaxing activities. Our young people love being in our therapy kitchen and recently made spaghetti bolognaise for everyone and a batch of chocolate orange brownies! These activities are absolutely essential to the recovery of our young people and would not be possible without the generous donations of our supporters.” Occupational therapist at Sowenna

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Trustees’ responsibilities in relation to the financial statements

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow the best practice and:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Trust deed. The Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by Cornwall Partnership NHS Foundation Trust as the corporate trustee on 12 December 2022 and signed on their behalf by:

J Stone Chair Charitable Fund Committee

A Perry D Richards Executive Director of Chief Executive Finance and Charitable Fund Committee Member

Charitable Fund Annual Report and Accounts 2021-22

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Statement of financial activities for the year ending 31 March 2022

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Description Notes Unrestricted Restricted Endowment Total funds Total funds
funds funds funds 2022 2021
£000 £000 £000 £000 £000
Incoming resources:
• Donations and 4 - 51 - 51 137
legacies
• Fundraising 5 - 39 - 39 196
• Investment 7 - - - - 1
income
• Other incoming - - - - 2
resources
Total incoming - 90 - 90 336
resources
Resources expended:
• Charitable 8 5 130 - 135 257
activities
• Raising funds 10 - 1 1 -
Total resources 5 131 - 136 257
expended
Net gains/(losses) on 15 1 4 - 5 12
Investments
Net income/ (4) (37) - (41) 91
(expenditure)
Transfers between 21 - - - - -
funds
Net movement in (4) (37) - (41) 91
funds
Reconciliation of
funds:
• Total funds 225 1,238 12 1,475 1,384
brought forward
Total funds carried 221 1,201 12 1,434 1,475
forward
----- End of picture text -----

The notes on pages 27 to 40 form part of these accounts.

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Statement of financial position as at 31 March 2022

----- Start of picture text -----
Description Notes Total funds Total funds
2022 2021
£000 £000
Fixed assets:
• Investments 15 57 52
Total fixed assets 57 52
Current assets:
• Debtors 16 16 53
• Cash and cash equivalents 17 1,392 1,403
Total current assets 1,408 1,456
Current liabilities:
• Creditors falling due within 1 year 18 31 33
Net current assets 1,377 1,423
Total assets less current liabilities 1,434 1,475
Funds of the charity:
• Unrestricted funds 21a 221 225
• Restricted funds 21b 1,201 1,238
• Endowment funds 21c 12 12
Total funds 1,434 1,475
----- End of picture text -----

The notes on pages 27 to 40 form part of these accounts.

Signed on behalf of Cornwall Partnership NHS Foundation Trust, as corporate trustee

J Stone Chair Charitable Fund Committee

A Perry Executive Director of Finance and Charitable Fund Committee Member

D Richards Chief Executive

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Statement of cash flows for the year ending 31 March 2022

----- Start of picture text -----
Description Notes 2022 2021
£000 £000
Cash flows from operating activities:
• Net cash provided by (used in) operating activities 19 (11) 27
Cash flows from investing activities:
• Interest from current asset investments - 1
Change in cash and cash equivalents in the reporting period (11) 28
Cash and cash equivalents at the beginning of the reporting 1,403 1,375
period
Cash and cash equivalents at the end of the reporting period 1,392 1,403
----- End of picture text -----

The notes on pages 27 to 40 form part of these accounts.

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Notes on the accounts

1. Accounting policies

(A) Basis of preparation

The financial statements have been prepared under the historic cost convention, with the exception of investments which are included at fair value.

The accounts (financial statements) have been prepared in accordance with the statement of recommended practice: accounting and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The trustees consider that there are no material uncertainties about the Cornwall Partnership Foundation Trust Charitable Fund ability to continue as a going concern. There are no material uncertainties affecting the current year’s accounts.

(B) Funds structure

Where there is a legal restriction on the purpose to which a fund may be put, the fund is classified either as a restricted fund or an endowment fund.

Restricted funds are those where the donor has provided for the donation to be spent in furtherance of a specified charitable purpose. Cornwall Partnership Foundation Trust Charitable Fund restricted funds are generally for specific community hospitals or services provided by Cornwall Partnership NHS Foundation Trust.

Endowment funds arise when the donor has expressly provided that the gift is to be invested and only the income of the fund may be spent. These funds are sub-analysed between those where the trustees have the discretion to spend the capital (expendable endowment) and those where there is no discretion to expend the capital (permanent endowment). The charity has one permanent endowment fund called the Allsup bequest. The fund is not managed on a total return basis.

Those funds which are neither endowment nor restricted income funds, are unrestricted income funds which are sub-analysed between designated (earmarked) funds where the trustees have set aside amounts to be used for specific purposes or which reflect the nonbinding wishes of donors and unrestricted funds which are at the trustees’ discretion, including the general fund which represents the charity’s reserves. The major funds held in each of these categories are disclosed in note 21.

(C) Incoming resources

All incoming resources are recognised once the charity has entitlement to the resources, it is probable (more likely than not) that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.

Where there are terms or conditions attached to incoming resources, particularly grants, then these terms or conditions must be met before the income is recognised as the entitlement condition will not be satisfied until that point. Where terms or conditions have not been met or uncertainty exists as to whether they can be met then the relevant income is not recognised in the year but deferred and shown on the balance sheet as deferred income.

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(D) Incoming resources from legacies

Legacies are accounted for as incoming resources either upon receipt or where the receipt of the legacy is probable.

Receipt is probable when:

If there is uncertainty as to the amount of the legacy and it cannot be reliably estimated then the legacy is shown as a contingent asset until all of the conditions for income recognition are met.

(E) Incoming resources from endowment funds

The incoming resources received from the invested endowment fund are wholly restricted.

(F) Resources expended and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to each category of expense shown in the statement of financial activities. Expenditure is recognised when the following criteria are met:

(G) Recognition of expenditure and associated liabilities as a result of grants

Grants payable are payments made to linked, related party or third party NHS bodies and non NHS bodies, in furtherance of the charitable objectives of the funds held on trust, primarily relief of those who are sick.

Grant payments are recognised as expenditure when the conditions for their payment have been met or where there is a constructive obligation to make a payment.

A constructive obligation arises when:

The trustees have control over the amount and timing of grant payments and consequently where approval has been given by the trustees and any of the above criteria have been met then a liability is recognised. Grants are not usually awarded with conditions attached. When they are, however, then those conditions have to be met before the liability is recognised.

Where an intention has not been communicated, then no expenditure is recognised but an appropriate designation is made in the appropriate fund. If a grant has been offered but there is uncertainty as to whether it will be accepted or whether conditions will be met then no liability is recognised but a contingent liability is disclosed.

Irrecoverable VAT is charged against the category of resources expended for which it was incurred.

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(H) Allocation of support costs

Charges are made by Cornwall Partnership NHS Foundation Trust for supporting the governance of the charity and the provision of transaction processing services provided by financial services department of the corporate trustee. The total support costs are apportioned to each fund and sub fund within the reporting charity based on the balance held at the end of the financial year. The analysis of support costs are shown in note 11.

(I) Fundraising costs

The costs of generating funds are those costs attributable to generating income for the charity, other than those costs incurred in undertaking charitable activities or the costs incurred in undertaking trading activities in furtherance of the charity’s objects.

(J) Charitable activities

Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the charity. These costs, where not wholly attributable, are apportioned between the categories of charitable expenditure in addition to the direct costs. The total costs of each category of charitable expenditure include an apportionment of support costs as shown in note 8.

(K) Fixed asset investments

Investments are a form of basic financial instrument. Fixed asset investments are initially recognised at their transaction value and are subsequently measured at their fair value (market value) as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. Quoted stocks and shares are included on the balance sheet at the current market value.

The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors. Further information on the charities investments can be found in the annual report part of this document.

(L) Debtors

Debtors are amounts owed to the charity. They are measured on the basis of their recoverable amount.

(M) Cash and cash equivalents

Cash at bank and in hand is held to meet the day to day running costs of the charity as they fall due. Cash equivalents are short term, highly liquid investments, in less than 90 day notice interest bearing savings accounts.

(N) Creditors

Creditors are amounts owed by the charity. They are measured as the amount that the charity expects to have to pay to settle the debt.

Amounts which are owed in more than a year are shown as long term creditors.

(O) Realised gains and losses

All gains and losses are taken to the statement of financial activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and opening carrying value (purchase date if later). Unrealised gains and losses are calculated as the difference between the market value at the year end and opening carrying value (or purchase date if later).

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(P) Pensions

The charity is a grant making charity and has no employees and any pension contribution liabilities that may arise are solely the responsibility of the grant recipient.

2. Prior year comparatives by type of fund

The primary statements provide prior year comparatives in total; this note provides prior period comparatives for the statement of financial activities and the balance sheet for each of the 3 types of fund in the reporting charity.

2a Unrestricted funds

Statement of financial activity for the year ended 31 March 2022

----- Start of picture text -----
Description Total funds Total funds
2022 2021
£000 £000
Incoming resources:
• Donation and legacies - 26
• Fundraising - 169
• Investment income - -
• Other incoming resources - 1
Total incoming resources - 196
Resources expended:
• Charitable activities 5 136
• Raising funds - -
Total resources expended 5 136
Net gains/(losses) on investments 1 2
Net income/(expenditure) (4) 62
Transfers between funds - (165)
Net movement in funds (4) (103)
Reconciliation of funds:
• Total funds brought forward 225 328
Total funds carried forward 221 225
----- End of picture text -----

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Balance sheet as at 31 March 2022

----- Start of picture text -----
Description Unrestricted Unrestricted
funds 2022 funds 2021
£000 £000
Fixed assets:
• Investments 57 52
Total fixed assets 57 52
Current assets:
• Debtors - -
• Cash and cash equivalents 164 173
Total current assets 164 173
Current liabilities:
• Creditors falling due within 1 year - -
Net current assets 164 173
Total assets less current liabilities 221 225
Total unrestricted funds 221 225
----- End of picture text -----

2b Restricted funds

Statement of financial activity for the year ended 31 March 2022

----- Start of picture text -----
Description Total funds Total funds
2022 2021
£000 £000
Incoming resources:
• Donation and legacies 51 111
• Fundraising 39 27
• Investment income - 1
• Other incoming resources - 1
Total incoming resources 90 140
Resources expended:
• Charitable activities 130 121
• Raising funds 1 -
Total resources expended 131 121
Net gains/(losses) on investments 4 10
Net income/(expenditure) (37) 29
Transfers between funds - 165
Net movement in funds (37) 194
Reconciliation of funds:
• Total funds brought forward 1,238 1,044
Total funds carried forward 1,201 1,238
----- End of picture text -----

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Balance sheet as at 31 March 2022

----- Start of picture text -----
Description Unrestricted Unrestricted
funds 2022 funds 2021
£000 £000
Fixed assets:
• Investments - -
- -
Total fixed assets
Current assets:
• Debtors 16 53
• Cash and cash equivalents 1,216 1,218
Total current assets 1,232 1,271
Current liabilities:
• Creditors falling due within 1 year 31 33
Net current assets 1,201 1,238
Total assets less current liabilities 1,201 1,238
Total restricted funds 1,201 1,238
----- End of picture text -----

2c Endowment funds

Statement of financial activity for the year ended 31 March 2022

----- Start of picture text -----
Description Total funds Total funds
2022 2021
£000 £000
-
Incoming resources:
• Donation and legacies -
• Fundraising - -
• Investment income - -
• Other incoming resources - -
Total incoming resources - -
Resources expended:
• Charitable activities - -
• Raising funds - -
• Trolley shop expenditure - -
Total resources expended - -
Net gains/(losses) on investments - -
Net income/(expenditure) - -
Transfers between funds - -
Net movement in funds - -
Reconciliation of funds:
• Total funds brought forward 12 12
Total funds carried forward 12 12
----- End of picture text -----

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Balance sheet as at 31 March 2022

----- Start of picture text -----
Description Unrestricted Unrestricted
funds 2022 funds 2021
£000 £000
Fixed assets:
• Investments - -
- -
Total fixed assets
Current assets:
• Debtors - -
• Cash and cash equivalents 12 12
Total current assets 12 12
Current liabilities:
• Creditors falling due within 1 year - -
Total assets less current liabilities 12 12
Total net assets 12 12
Total endowment funds 12 12
----- End of picture text -----

3. Related party transactions

The Cornwall Partnership NHS Foundation Trust is the sole corporate trustee of the Cornwall Partnership Foundation Trust Charitable Fund. The Foundation Trust acts through the Trust Board. The Foundation Trust also provides services to the charity in respect of day to day governance, transaction processing, and IT support for which the charge in 2021-22 was £18,512 (2020-21; £17,483). In addition to this charge there are some transactions between the 2 entities that pass through an inter-company account for administrative reasons. At 31 March 2022 £30,348 (2021; £31,907) was owed to the Trust and £16,195 (2021; £41,839) was owed by the Trust.

During 2021-22 grants of £111,007 (2020-21; £223,569) were paid to the corporate trustee.

During the year, none of the Board members of Cornwall Partnership NHS Foundation Trust, or members of the key management staff, or parties related to them, has undertaken any material transactions with the Cornwall Partnership Foundation Trust Charitable Fund. Board members take decisions both on charity and exchequer matters but keep the interests of each other discrete and do not benefit personally from such decisions. Declarations of personal interest have been made and are available to be inspected by the public.

4. Income from donations and legacies

----- Start of picture text -----
Description Unrestricted Restricted Endowment Totals 31 Totals 31
funds funds funds March 2022 March 2021
£000 £000 £000 £000 £000
Donations - 51 - 51 87
Legacies - - - - 50
Total - 51 - 51 137
----- End of picture text -----

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Donations from individuals are gifts from members of the public, patients, relatives, or funeral directors donations in lieu of flowers. These are received in cash or cheque on the ward, at the hospital general office, by bank transfer or are received in the post. Also included are Just Giving Donations received via the Just Giving website.

5. Analysis of income from fundraising activities

----- Start of picture text -----
Description Unrestricted Restricted Endowment Totals 31 Totals 31
funds funds funds March 2022 March 2021
£000 £000 £000 £000 £000
Trolley shop - - - - 1
Grants received - 30 - 30 190
Fundraising general - 9 - 9 5
Total - 39 - 39 196
----- End of picture text -----

6. Fund management

There are about 50 staff who manage the various funds of the charity. Each fund holder has delegated powers to spend the funds that they manage in accordance with the guidelines on the use and application of charitable funds which is a policy document that is reviewed by the Trustees on an annual basis. The document contains guidance on public benefit and examples of what is and is not deemed to be charitable expenditure. Fund holders can authorise expenditure up to £1,500 providing they have funds available. Any expenditure over £1,500 has to be approved by the charitable fund committee acting on behalf of the Trustees.

In accordance with the statement of recommended practice due to the absence of any reliable measurement basis, the contribution of these fund holders is not recognised in the accounts.

7. Gross investment income

----- Start of picture text -----
Description Unrestricted Restricted Endowment Totals 31 Totals 31
funds funds funds March 2022 March 2021
£000 £000 £000 £000 £000
Interest from cash and - - - - 1
cash equivalent deposit
accounts
Totals - - - - 1
----- End of picture text -----

The charity only places money on deposit with entities that meet the corporate trustees own policy as regards to their risk as assessed by credit rating agencies.

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8. Analysis of charitable expenditure

----- Start of picture text -----
Description Direct charitable Support costs Totals 31 Totals 31
expenditure March 2022 March 2021
£000 £000 £000 £000
Build or refurbishment 51 10 61 86
Patient facilities and welfare 15 3 18 24
Staff training, support and 4 1 5 81
welfare
Equipment 43 8 51 42
Research - - - 24
Totals 113 22 135 257
----- End of picture text -----

9. Analysis of grants

Included within the charitable expenditure analysed at note 9 are grants of £111,007 made to Cornwall Partnership NHS Foundation Trust (a related party). The total cost of making grants, including support costs, is disclosed on the face of the statement of financial activities and the actual funds spent on each category of charitable activity is disclosed in note 8.

10. Analysis of raising funds expenditure

----- Start of picture text -----
Description Unrestricted Restricted Endowment Totals 31 Totals 31
funds funds funds March 2022 March 2021
£000 £000 £000 £000 £000
Fundraising - 1 - 1 -
expenditure
Totals - 1 - 1 -
----- End of picture text -----

11. Allocation of support costs and overheads

Support costs are allocated between charitable activities and mainly consist of charges levied by Cornwall Partnership NHS Foundation Trust for the day to day governance of the charity including the preparation of the annual accounts and report. There is also a charge for transactional processing and IT support provided by the corporate trustees own financial services department. There is also a fee charged for the independent examination of these accounts and annual report.

The bases of allocation are in the case of time and salary a calculated realistic assumption of the time that staff spend on charitable fund activities which is then used to calculate what proportion of their salary should be recharged to the charity. The independent examination fee is settled on production of an invoice.

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----- Start of picture text -----
Description Raising funds Support costs Totals 31 Allocation
March 2022 basis
Salaries and related costs - 14 14 Recharged
salary costs
Promotional and advertising - - - Invoices
Consultancy services - - - Invoices
Training - - - Invoices
Charity insurance - 2 2 Invoices
Financial administration - 5 5 Invoices
Independent examination - 1 1 Accrual
Totals - 22 22 -
----- End of picture text -----

----- Start of picture text -----
Description Unrestricted Restricted Endowment Totals 31 Totals 31
funds funds funds March 2022 March 2021
£000 £000 £000 £000 £000
Support costs 4 18 - 22 21
Raising funds - - - - -
Totals 4 18 - 22 21
----- End of picture text -----

12. Trustees’ remuneration, benefits and expenses

The charity’s trustees receive no remuneration, benefits, or expenses for the work that they undertake as trustees.

13. Analysis of staff costs and remuneration of key management personnel

The charity does not employ staff directly.

14. Independent examination

The independent examiners fee of £1,053 (2020-21; £1,404) relates solely to the audit with no other additional work being undertaken.

15. Fixed asset investments

----- Start of picture text -----
Description 2022 2021
£000 £000
Market value brought forward 1 2
Add: Additions to investments at cost - -
Less: Disposals at carrying - -
Add: Net gain on revaluation 5 12
Market valuation as at 31 March 2022 57 52
----- End of picture text -----

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Fixed asset investments by type

----- Start of picture text -----
Description 2022 2021
£000 £000
COIF charities global equity income fund:
• UK equities 2 3
• European equities 6 5
• North American equities 25 19
• Asia Pacific 2 4
• Other equities or holdings 1 1
F and C Responsible UK income fund:
• UK equities 20 19
• Cash holdings 1 1
Total 57 52
----- End of picture text -----

All investments are carried at their fair value.

Cornwall Partnership Foundation Trust Charitable Fund takes a risk-averse approach to fixed asset investing and in accordance with the charitable fund investment policy does not invest more than 10% of cash reserves in equity based investments. Further information about the charities policy on investment is contained in the annual report part of this document.

16. Analysis of current debtors

----- Start of picture text -----
Debtors under 1 year 2022 2021
£000 £000
NHS debtors 16 43
Non NHS debtors - 10
Total 16 53
----- End of picture text -----

The £16k NHS debtor is the related balance referred to in note 3.

17. Analysis of cash and cash equivalents

----- Start of picture text -----
Description 2022 2021
£000 £000
Lloyds 196 207
CCLA COIF charities deposit fund 499 499
Nationwide Business Saver 613 613
CAF 90 day notice account 84 84
Total 1,392 1,403
----- End of picture text -----

Lloyds is the charities current account and is used to facilitate day to day cash flow and the fulfilment of obligation to make payments for items purchased by the charity. The CCLA COIF and Nationwide Business Saver accounts are both instant access deposit accounts. The CAF account is held on a 90 day notice and therefore classified as cash and cash equivalents.

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No cash or cash equivalents or current asset investments were held in non-cash investments or outside of the UK.

All of the amounts held on interest bearing deposit are available to spend on charitable activities. Funds are transferred between the accounts to maintain a positive cash flow position and to meet obligations and also to ensure that funds are protected as far as possible under the government backed financial service compensation scheme (FSCS).

18. Analysis of current liabilities

----- Start of picture text -----
Creditors under 1 year 2022 2021
£000 £000
NHS creditors 30 32
Non NHS creditors 1 1
Accruals - -
Totals 31 33
----- End of picture text -----

The £30k NHS creditor is the related party balance referred to in note 3.

19. Reconciliation of net income/(expenditure) to net cash flow from operating activities

----- Start of picture text -----
Description 2022 2021
£000 £000
Net Income/(expenditure) for the year (as per the statement of (41) 91
financial activities)
Adjustments for:
• (Gains)/losses on investments (5) (12)
• Interest from current asset investments - (1)
• (Increase)/decrease in debtors 37 (24)
• Increase/(decrease) in creditors (2) (27)
Net cash provided by (used in) operating activities (11) 27
----- End of picture text -----

20. Transfers between funds

Transfers between funds are set out at note 21.

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21. Analysis of charitable funds

A) Analysis of unrestricted fund movements

----- Start of picture text -----
Fund name Balance Incoming Resources Transfers Balance
as at 1 resources expended as at 31
April 2021 March
£000 £000 £000 £000 £000
Cornwall Partnership general fund 14 1 (1) - 14
Designated funds:
• ACS research training and 27 - - - 27
Development
• CC&D community services - - - - -
• COVID-19 appeal 7 - (1) - 6
• Early intervention social inclusion 1 - - - 1
• Eating disorder service - - - - -
• Help improve personal potential 68 - (1) - 67
opportunities
• Learning disabilities development 10 - - - 10
fund
• Learning disability advisory 1 - - - 1
group
• Mental health general fund 5 - - - 5
(previously Walter Bentley Fund)
(2 funds)
• NHS Charities Together Funds 79 - (2) - 77
(two funds)
• Richmond House - - - - -
• Special parenting fund 6 - - - 6
• St Mary’s Community Hospital - - - - -
• Trevillis fund 1 - - - 1
• Volunteers in Partnership 6 - - - 6
Total unrestricted funds 225 1 (5) - 221
----- End of picture text -----

The general fund includes all donations for which a donor has not expressed any preference as to how the funds shall be spent and any unrestricted income accruing to the charity. These funds are applied for any charitable purpose to the benefit of the patients of Cornwall Partnership Foundation Trust Charitable Fund at the absolute discretion of the trustees.

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B) Analysis of restricted fund movements

----- Start of picture text -----
Fund name Balance Incoming Resources Transfers Balance
as at 1 resources expended as at 31
April 2021 March
Bodmin Community Hospital 56 3 (2) - 57
general
Bodmin Community Hospital mental 77 15 (21) - 71
health
Bolitho House - - - - -
Camborne and Redruth 15 2 - - 17
Children's services 6 1 (1) - 6
Cornwall community teams 89 3 (4) - 88
Day centres 3 4 - - 7
Dementia inpatients fund 9 - - - 9
Edward Hain 2 - - - 2
Falmouth 2 - - - 2
Fowey 259 1 (4) - 256
Helston 1 - - - 1
Launceston - 2 - - 2
Liskeard 11 22 (5) - 28
Longreach House 2 - (1) - 1
Newquay 26 1 (1) - 26
St Austell 14 - - - 14
St Barnabas 128 1 (2) - 127
Stratton 384 2 (6) - 380
Supported domestic housing 5 - - - 5
Trengweath 1 - - - 1
Sowenna Fund 148 37 (84) - 101
Total restricted funds 1,238 94 (131) - 1,201
----- End of picture text -----

C) Analysis of endowment fund movements

----- Start of picture text -----
Description Balance Incoming Resources Transfers Balance
as at 1 resources expended as at 31
April 2021 March
Allsup Bequest 12 - - - 12
Total 12 - - - 12
----- End of picture text -----

The Allsup bequest is not managed on a total return basis.

22. Total return on investment

Cornwall Partnership Foundation Trust Charitable Fund does not manage its permanent endowment on a total return basis.

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Independent examiner’s report on the accounts

Section A: Independent Examiner’s report

Report to the trustees and members of Cornwall Partnership Foundation Trust Charitable Fund

On accounts for the year ended 31 March 2022 Charity number (if any): 1058366 Set out on pages 24 to 40

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (‘the Trust’) for the year ended 31 March 2022.

As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

Jenny McCall Director of Audit and Assurance Services ASW Assurance Newcourt House, Newcourt Drive, Old Rydon Lane, Exeter, EX2 7JQ 15 December 2022

Relevant professional qualification(s) or body (if any): FCCA

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To get this information in another format email: cpn-tr.communications@nhs.net

Published by Cornwall Partnership NHS Foundation Trust Produced by: Communications Team, reference CH094 Head office: Carew House, Dunmere Road, Bodmin, PL31 2QN Telephone: 01208 834 600