| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to6 | ||
| Independent Examiner's |
Report | 7 | |
| Statement ofFinancial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Notes tothe Accounts | 12to | 18 |
| for the y | ear ended 30Jtme 2 | 022 | ||||
|---|---|---|---|---|---|---|
| Unrestrict | Restricte | Total | Total | |||
| ed funds | d funds | funds | fttnds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | ||||||
| Income and | endowments | |||||
| from: | ||||||
| Donations | aud legacies | 852 | 852 | 2,837 | ||
| Charitable | activities | 48,622 | 22,972 | 71,594 | 71,479 | |
| Investments | 6 | 6 | 8 | |||
| Total | 49,480 | 22,972 | 72,452 | 74,324 | ||
| Expenditure | on: | |||||
| Charitable | activities | 52,441 | 23,287 | 75,728 | 65,196 | |
| Total | 52,441 | 23,287 | 75,728 | 65,196 | ||
| Net gains on | investments | |||||
| Net (expenditure)/income | (2,961) | (315) | (3,276) | 9,128 | ||
| Net (expenditure)/income before other gains/(losses) |
(2,961) | (315) | (3,276) | 9,128 | ||
| Other gains | and losses: | |||||
| Net movement in funds |
(2,961) | (315) | (3,276) | 9,128 | ||
| Reconciliation offunds: | ||||||
| Total funds brought forward |
57,566 | 432,755 | 490,321 | 481,193 | ||
| Total funds forward |
carried | 54,605 | 432,440 | 487,045 | 490,321 |
| Unrestricted | funds | These ate available foruse at the discretion ofthe trustees in furtherance of |
|---|---|---|
| the general objects ofthe charity. | ||
| These are unrestricted funds earmarked by the trustees for particular |
||
| Designated | funds | purposes. |
| Revaluation | funds | These are unrestricted funds which include arevaluation reserve representing the restatement ofinvestment assets attheir market values. |
| Restricted funds | These are available foruse subject to restrictions imposed by the donor or through terms ofan appeal. |
| Liskerrett Community Centre NOTES TOTHE ACCOUNTS |
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|---|---|---|---|---|
| Income | ||||
| Recognition income |
of | Income is included in the Statement ofFinancial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and |
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| the amount ofthe income can be measured with sufficient reliability. |
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| Income with | Where income has related expenditure the income and related expenditure |
is | ||
| related expenditure | reported gross in the SoFA. | |||
| Donations and |
Voluntary income received by way ofgrants, donations and gifts is included |
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| legacies | in the the SoFA when receivable and only when the Charity has |
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| unconditional entitlement to the income. |
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| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the | ||
| donations and |
gifts | giIUdonation towhich itrelates. |
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| Donated services | These are only included in income (with an equivalent amount in |
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| and facilifies | expenditure) where the benefit to the Charity is reasonably quantifiable, |
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| measurable and material. |
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| Volunteer help | The value ofany volunteer help received is not included in the accounts. |
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| Investment income |
This is included in the accounts when receivable. |
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| Gains/(losses) | on | This includes any gain orloss resulting &om revaluing investments to market |
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| revaluation of |
value at the end of the year. | |||
| fixed assets | ||||
| Gains/(losses) | on | This includes any gain orloss on the sale ofinvestments. |
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| investment assets |
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| Expenditure Recognition expenditure |
of | Expenditure isrecognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part ofthe |
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| expenditure towhich itrelates. |
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| Expenditure | on | These comprise the costs associated with attracting voluntary income, |
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| raising funds | fundraising trading costs and investment management costs. |
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| Expenditure charitable |
on | These comprise the costs incurred by the Charity in the delivery ofits activities and services in the furtherance ofits objects, including the making |
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| activities | ofgrants and governance costs. |
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| Grants payable | All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end ofthe year but |
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| not yet paid. | ||||
| Governance | costs | These include those costs associated with meeting the constitutional and |
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| statutory requirements ofthe Charity, including any audit/independent examination fees, costs linked to the strategic management ofthe Charity, |
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| together with a share ofother administration costs. |
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| Other expenditure | These are support costs not allocated to aparticular activity. |
| 4 | Income from donations legacies |
and | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| 8 | ||||||
| Donations and Legacies |
852 | 852 | 2,837 | |||
| 852 | 852 | 2,837 | ||||
| 5 | Income from charitable | activities | ||||
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2021 | |||||
| Grant Income | ||||||
| Cornwall Council |
26,143 | |||||
| Cornwall Community Foundation |
8,200 | 8,200 | 9,898 | |||
| HMRC | 772 | 772 | 9,118 | |||
| Councillors Community Chest |
150 | |||||
| Omicron Hospitality & Leisure Grant |
4,000 | 4,000 | ||||
| The Fore Gen Mngr grant | 10,000 | 10,000 | ||||
| Primary Purpose Trading | ||||||
| Liskcrrett Centre | 46,520 | 46,520 | 25,964 | |||
| Fundraising -Events |
1,427 | 1,427 | ||||
| Fundraising -Fihn |
532 | 532 | ||||
| Fuudraising -General |
143 | 143 | 206 | |||
| 48,622 | 22,972 | 71,594 | 71,479 | |||
| 6 | Income from investments | |||||
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| f, | ||||||
| Investment Income |
6 | 8 | ||||
| 6 | 6 | 8 |
| 7 | Expenditure on ch |
arit | able activi | ties | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| 2022 | 2021 | ||||||
| Direct expenditure | on | ||||||
| charitable activities | |||||||
| Events Expense | 1,281 | 821 | 2,102 | ||||
| Shop and market costs | 1,836 | 6,358 | 8,194 | 6,742 | |||
| Support Costs | |||||||
| Wages StaffNIC (Employers) |
16,762 2,303 |
11,893 | 28,655 2,303 |
21,102 643 |
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| Rent tk rates | 3,458 | 434 | 3,892 | 3,399 | |||
| Light, heat aud power Insurance |
10,346 2,572 |
940 286 |
11,286 2,858 |
7,460 2,779 |
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| Repairs tk renewals Telephone and fax |
8,448 360 |
2,200 35 |
10,648 395 |
16,243 328 |
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| ITexpenses | 883 | 73 | 956 | 4,208 | |||
| Licences | 760 | 760 | |||||
| Printing, postage and stationary |
1,792 | 1,797 | 532 | ||||
| Subscriptions | 129 | 129 | 102 | ||||
| Equipment Hire Sundry expenses Cleaning Marketing and promotion Legal and professional fees Bank charges |
25 703 188 |
40 104 98 |
65 807 98 188 |
17 95 675 15 150 111 |
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| Governance costs |
|||||||
| Accountancy fees |
595 52,441 |
23,287 | 595 75,728 |
595 65,196 |
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| 8 | Staffcosts | ||||||
| Salaries and wages Social security costs |
28,655 2,303 30,958 |
21,102 643 21,747 |
| 9 | Tangible fixed assets | |||
|---|---|---|---|---|
| Land and | Plant and | |||
| buildings | Machinery | |||
| Cost or revaluation | ||||
| At 1July 2021 | 426,208 | 426,208 | ||
| At 30June 2022 | 426,208 | 426,208 | ||
| Net book values | ||||
| At 30June 2022 | 426,208 | 426,208 | ||
| At 30June 2021 | 426,208 | 426,208 | ||
| 10 | Debtors | |||
| 2022f | 2021 | |||
| Tmde debtors | 5,586 | 2,596 | ||
| Amounts owed by group |
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| undertakings | (33) | |||
| VAT recoverable | (1,396) | 1,623 | ||
| 4,190 | 4,186 | |||
| 11 | Creditors: | |||
| amounts falling due within one year |
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| 2022 | 2021 | |||
| Other creditors | 93 | |||
| Accruals and deferred income | 1,190 | 595 | ||
| 1,190 | 688 |
| Movement in funds |
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|---|---|---|---|---|
| Incoming | ||||
| At IJuly 202I |
resources (includhlg gains/losses) |
Resouress expen |
At30 June 2022 |
|
| Restricted funds: | ||||
| Restricted income funds: | ||||
| Land &Buildings | 426,208 | 426,208 | ||
| Small grants under K1,000 | 105 | (27) | 78 | |
| CCF —Liskeard Hive | ||||
| pmject | 6,442 | (6,342) | 100 | |
| Job Retention Scheme | 772 | (772) | 0 | |
| CCF - Crafty Toasties | 8,200 | (2,146) | 6,054 | |
| Omicron Hospitality & | ||||
| Leisure Grant | 4,000 | (4,000) | ||
| The Fore Gen Mngr grant | 10,000 | (10,000) | ||
| Total | 432,755 | 22,972 | (23487) | 432,440 |
| Unrestricted funds: |
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| General funds | 5'/,566 | 49,480 | (52,441) | 54,605 |
| Revaluation Reserves: |
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| Total funds | 490,321 | 72,452 | (75,728) | 487,045 |