2021-05-31-accounts

				Unrestricted	Restricted
				Funds	Funds	Total		Funds
			Notes	2021	2021		2021		2020
Income from
Donations				285			285		3,838
Donated building
Investment	income								633
Income from charitable			activities
Grant				27,669	16,440		44,109		20,655
Apartment	and meeting		room rents	20,799			20,799		10,152
Book sales				3,873			3,873		3,758
Other income				200			200
Total				52,832	16,440		69,272		39,036
Expenditure	on:
Charitable activities				61,960	16,440		78,400		66,216
Total			[2]	61,960	16,440		78,400		66,216
Net income	/ [expenditure]			(9,129)			(9,129)		(27,181)
Transfers between		funds
Total funds	brought	forward		583,418			583,418		610,599
Total funds	carried	forward		574,290			574,290		583,418

Balance sheet as at	Balance sheet as at	31st.May 2021
Tangible assets			2021	2020
Fixed assets			511,822	522,575
Current assets
Debtors
Cash at bank and	in	hand	89 65,624	25 66,628
Current liabilities			65,713	66,653
Creditors: amounts		falling
due within 12 months			(3,z4s)	(5,810)
Net Current assets Tota I assets			62,468	60,844
			574,290	583,418
Unrestricted funds
General funds Designated funds			(1z,s3z) 586,822	(14,156) 597,574
Restricted funds
Total funds
			574,290	583,418

	Charitable	Total
	Activities		2020
	E	f
Freelance fees	43,374		33,674
Workshop and venue	2,509		625
Utilities	2,732		4,403
Insurance	485		286
Repairs and maintenance	3,741		729
Advertising and marketing	300		4,175
Telephone	768		797
Print, post and stationery	177		1,027
Publications and subscriptions	877		986
Sponsorship and donations	20		20
Sundry	464		44
Depreciation	10,752		10,752
Consultancy and similar fees	4,024
Storage	1,872		1,872
Refreshments			375
Cost ofsales	2,378		3,200
I.T.	2,135		1,115
Direct expenses apartment	1,208		1,284
Trustees expenses
Travel
Bank charges
Non capitalised equipment	85		351
Independent examination	500		500
	78,400		66,216
(3) Creditors
Falling due within 12 months
Sundry creditors and accruals	3 245		5810

(4)Tangible Fixed	Assets
			Leasehold		Library	Total
			Building	Equipment	Books
			f	f	f
Cost
balance brought	forward		430,000	2,500	105,080		537,580
additions in the year
			430,000	2,500	105,080		537,580
Depreciation
balance brought	forward		8,600	100	6,305		15,005
charge for the year			8,600	50	2,102		10,752
			17,200	150	8,406		25,757
Net book value at	31st.May 2021		412,800	2,350	96,674		511,822
Net book value at	31st.May 2020		421,400	2,400	98,775		522,575
(5) Debtors
Falling due within	12 months
Sundry debtors and							25
(6) Movements in	funds
		Balance at				Balance at
		1.6.2020	Income	Expenditure	Transfers	31.5.	2021
		f	f	f	f		f
Restricted funds
Cultivator Creative	Kernow		3,000	(3,000)
National Heritage			13,440	(13,440)
			16,440	(16,440)
Unrestricted funds General funds		(14,156)	32,832	~61,960	10,732		(12,532)
Designated funds
Equipment and books		101,174			(2,152)		99,022
Building reserve		421,400			(8,600)		412,800
Pope-Holly legacy		75,000					75,000
		597,574			(10,752)		586,822

			General	Designated	Restricted
			Funds	Funds	Funds		Total
			f	E	E		E
Tangible	fixed assets			511,822				511,822
Current	assets		(9,287)	75,000				65,713
Current	liabilities		(3,245)					(3,245)
Net assets at 31st March 2021			(12,532)	586,822				574,290
(8)Trustees information				2021		2020
Trustees	remuneration	and expenses

				Unrestricted	Restricted
				Funds	Funds	Total	Funds
				2020	2020	2020	2019
Income from
Donations				3,838		3,838	7,555
Donated building							430,000
Investment	income			633		633	884
Income from charitable			activities
Grant				1,155	19,500	20,655	35,474
Apartment	and meeting		room rents	10,152		10,152	1,747
Book sales				3,758		3,758	2,333
Other income							738
Total				19,536	19,500	39,036	478,731
Expenditure	on:
Charitable	activities			46,716	19,500	66,216	134,812
Total				46,716	19,500	66,216	134,812
Net income	/ [expenditure]			(27,181)		(27,181)	343,919
Transfers between		funds
Total funds	brought	forward		610,599		610,599	266,680
Total funds	carried	forward		583,418		583,418	610,599

Movements	in funds
			Balance	at				Balance at
			1.6.2019		Income	Expenditure	Transfers	31.5.2020
			E		E	f	E	f
Restricted funds
Cornwall	Heritage	Heritage			2,700	(2,700)
Langdale	Trust
National	Heritage				16,800	(16,800)
					19,500	(19,500)
Unrestricted	funds
General funds				2,273	19,536	(46,716)	10,752	(14,156)
Designated	funds
Equipment	and books		103,326				(2,152)	101,174
Building reserve			430,000				(8,600)	421,400
Pope-Holly	legacy		75,000					75,000
			608,326				(10,752)	597,574