| Trustees |
A Shepherd, Chair |
|
B Biscoe |
|
R Bush (appointed 20 April 2023) |
|
D Callaghan (appointed20April 2023) |
|
P Coyne, Company Secretary |
|
H Frank |
|
R Pears |
|
S Tregidgo |
|
JMorgan (resigned16November 2022) |
|
J Royle (resigned 20 April 2023) |
|
N Hewitt |
| Company registered |
|
| number |
04144745 |
| Charity registered |
|
| number |
1087550 |
| Registered office |
The Chambers 1st Floor |
|
Penryn Street |
|
Redruth |
|
Cornwall |
|
TR15 2SP |
| Company secretary |
P Coyne (Company Secretary) |
| Key Managment |
K Nissen (Chief Executive Officer) |
| Personnel |
T Sneddon (Interim Chief Executive Officer) |
|
J Price |
|
RWood |
|
K Pratt |
|
C Arymar |
|
N Sweeney |
| Chief executive officer |
K Nissen |
| Independent auditors |
Griffin |
|
Chartered Accountants |
|
Courtenay House |
|
Pynes Hill |
|
Exeter |
|
EX25AZ |
|
|
|
|
|
Asrestated |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2023 |
2023 |
2023 |
2022 |
|
Note |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and legacies |
4 |
1,441 |
178,596 |
180,037 |
331,760 |
| Charitable activities |
5 |
2,238,642 |
464,041 |
2,702,683 |
2,525,028 |
| Other trading activities |
6 |
214,110 |
|
214,110 |
189,653 |
| Investments |
7 |
8,802 |
|
8,802 |
8,526 |
| Total income |
|
2,462,995 |
642,637 |
3,105,632 |
3,054,967 |
| Expenditure on: |
|
|
|
|
|
| Raising funds |
8 |
|
225,756 |
225,756 |
191,683 |
| Charitable activities |
10 |
2,817,364 |
463,563 |
3,280,927 |
2,646,055 |
| Total expenditure |
|
2,817,364 |
689,319 |
3,506,683 |
2,837,738 |
| Net movementinfunds before other |
|
|
|
|
|
| recognised gains/(losses) |
|
(354,369) |
(46,682) |
(401,051) |
217,229 |
| Other recognised gains/(losses): |
|
|
|
|
|
| Net gains on investments |
|
(9,221) |
|
(9,221) |
14,864 |
| Net movementinfunds |
|
(363,590) |
(46,682) |
(410,272) |
232,093 |
| Reconciliationoffunds: |
|
|
|
|
|
| Total funds brought foiward |
|
943,728 |
771,096 |
1,714,824 |
1,482,731 |
| Net movement in funds |
|
(363,590) |
(46,682) |
(410,272) |
232,093 |
| Total funds carried forward |
|
580,138 |
724,414 |
1,304,552 |
1,714,824 |
|
|
|
|
|
Asrestated |
|
|
|
2023 |
|
2022 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
14 |
|
472,478 |
|
473,015 |
| Investments |
15 |
|
188,660 |
|
197,881 |
|
|
|
661,138 |
|
670,896 |
| Current assets |
|
|
|
|
|
| Debtors |
16 |
270,220 |
|
303,281 |
|
| Investments |
17 |
190,378 |
|
189,348 |
|
| Cash at bank and in hand |
|
1,088,731 |
|
1,359,017 |
|
|
|
1,549,329 |
|
1,851,646 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
18 |
(905,915) |
|
(807,718) |
|
| Net current assets |
|
|
643,414 |
|
1,043,928 |
| Total assets less current liabilities |
|
|
1,304,552 |
|
1,714,824 |
| Net assets excluding pension asset |
|
|
1,304,552 |
|
1,714,824 |
| Total net assets |
|
|
1,304,552 |
|
1,714,824 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
20 |
|
724,414 |
|
771,096 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
20 |
285,000 |
|
350,209 |
|
| General funds |
20 |
295,138 |
|
593,519 |
|
| Total unrestricted funds |
20 |
|
580,138 |
|
943,728 |
| Total funds |
|
|
1,304,552 |
|
1,714,824 |
|
|
|
|
|
Asrestated |
|
|
|
2023 |
|
2022 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
14 |
|
470,175 |
|
473,015 |
| Investments |
15 |
|
188,662 |
|
197,883 |
|
|
|
658,837 |
|
670,898 |
| Current assets |
|
|
|
|
|
| Debtors |
16 |
261,940 |
|
302,921 |
|
| Investments |
17 |
190,378 |
|
189,348 |
|
| Cash at bank andinhand |
|
841,166 |
|
1,054,470 |
|
|
|
1,293,484 |
|
1,546,739 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
18 |
(745,138) |
|
(652,742) |
|
| Net current assets |
|
|
548,346 |
|
893,997 |
| Total assets less current liabilities |
|
|
1,207,183 |
|
1,564,895 |
| Net assets excluding pension asset |
|
|
1,207,183 |
|
1,564,895 |
| Total net assets |
|
|
1,207,183 |
|
1,564,895 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
20 |
|
|
|
771,096 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
20 |
285,000 |
|
350,209 |
|
| General funds |
20 |
922,183 |
|
443,590 |
|
| Total unrestricted funds |
20 |
|
1,207,183 |
|
793,799 |
| Total funds |
|
|
1,207,183 |
|
1,564,895 |
|
2023 |
2022 |
|
£ |
£ |
| Cash flows from operating activities |
|
|
| Net cash usedinoperating activities |
(254,248) |
551,417 |
| Cash flows from investing activities |
|
|
| Dividends, interests and rents from investments |
8,802 |
7,680 |
| Purchase of tangible fixed assets |
(23,810) |
(33,149) |
| Net cash used in investing activities |
(15,008) |
(25,469) |
| Cash flows from financing activities |
|
|
| Net cash provided by financing activities |
|
|
| Change in cash and cash equivalents in the year |
(269,256) |
525,948 |
| Cash and cash equivalents at the beginning of the year |
1,548,365 |
1,022,417 |
| Cash and cash equivalents at the endofthe year |
1,279,109 |
1,548,365 |
CORNWALL COMMUNITY DEVELOPMENT LIMITED
IA oompany limlted by guaranteo)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
General lftformatlon
Cornwall Communlly Development Limlted 18 8 prlvale company limited by gu8ranlg0 wilhoul share
capSlal. registered in England and Wales. The règistered office 1$ Thg Chamber$ 151 Floor, Penryn Street,
Redruth, Cornwall, TR15 2SP.
A¢countln9 poII¢i
2.1 Bas1$ of preparallon of flnanclal statements
The fi'nancl81 slolamenl$ have been prepared in accordance with the Charities SORP IFRS 1021-
Accounting and Reporting by Charities.. Slalemenl of Recommend8d Pracllce appllcabla to charities
preparing their accounts In 8e¢ordance with the Flnancial Reporiing Standard applicable in the UK
8rbd Republic of Ireland IFRS 1021 leffeclivo 1 January 20191, the Financial Reporting Standard
applk8ble in the UK and Republic of Ireland IFRS 1021 and the Companle8 Act 2006.
cWall Communily Development Limited meels the definlllon of a publlc ben8fl18nllly under FRS
102. Assets and liabilities 8re inillally recognlsed 81 historical co81 or Iransaclion value Un8$
otherwise Slated In the relevant accounting policy.
The Consolldaled $141emanl of flnancial 8ctlvill¢s ISOFA> 8nd Consolklaled bjlancg Bheet
¢ong01idale the finan8[ slalemenls of Ihe Charty and its 8ub$idi8ry und8rtakiny. The results of the
sub8idiary are consolidated on a Ilne by Ilne bo5iS.
The Charity has IBken advantage of thè exemption allowed under sgclion 408 of the Companies Act
2006 and h88 not presented ils own Slglemenl of financial a¢llvi1198 in these financial stalemenls.
2.2 Golng concem
The trustee8 confirm that, havirMJ considered their expeclalions 8nd intenlSon8 for the next twelve
months. and the availability of working copilal, the charity is a going conc8rn.
2.3 InGomg
All Income 18 recognis&d once the ChaTity has enlillemenl lo the income, il is piobable th81 tha
Ineome will be received and the 8mDunl of inc¢)me receivable c8n be measured rgllably.
Gr8nls are kruded in the Consolldated slalemenl of fin8nci81 aclNilies on 8 recelvable basS8. The
balance of incomg received for specific purposes bul not expended during the period is shown In the
relevant funds on the Balance sheet. Where income is received in advance ol enlillemenl of reGelpt,
ils recognition is tlelerred and in¢luded in creditors a8 deferred income. Where gnlill8rnenl occurs
before income is received, the inc¢Jme18 8c¢rued.
Income tax recoverable in relation lo Investment irb¢om6 iu recogn18ed al the lime Ihg Investment
Incomo i¥ recelvabl8.
Page 25
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Donations |
1,441 |
|
1,441 |
| Grants - CCDli |
|
178,596 |
178,596 |
|
1,441 |
178,596 |
180,037 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Donations |
70 |
640 |
710 |
| Grants - CCDli |
331,050 |
|
331,050 |
|
331,120 |
640 |
331,760 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Grant income |
74,999 |
464,041 |
539,040 |
| Contract income |
2,163,643 |
|
2,163,643 |
|
2,238,642 |
464,041 |
2,702,683 |
|
|
|
Asrestated |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Grant income |
146,991 |
327,424 |
474,415 |
| Contract income |
2,050,613 |
|
2,050,613 |
|
2,197,604 |
327,424 |
2,525,028 |
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2023 |
2023 |
|
|
£ |
£ |
| Project fees |
|
156,311 |
156,311 |
| Other income |
|
57,799 |
57,799 |
|
|
214,110 |
214,110 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Project fees |
97,063 |
58,652 |
155,715 |
| Other income |
33,938 |
|
33,938 |
|
131,001 |
58,652 |
189,653 |
| Unrestricted |
Total |
| funds |
funds |
| 2023 |
2023 |
| £ |
£ |
| 8,802 |
8,802 |
| Unrestricted |
Total |
| funds |
funds |
| 2022 |
2022 |
| £ |
£ |
| 8,526 |
8,526 |
|
Restricted |
Total |
|
funds |
funds |
|
2023 |
2023 |
|
£ |
£ |
| CCDLi Cost of sales |
26,017 |
26,017 |
| CCDLi Administration expenses |
68,879 |
68,879 |
| CCDLi Administration staff costs |
129,709 |
129,709 |
| CCDLi Depreciation |
1,151 |
1,151 |
|
225,756 |
225,756 |
|
Restricted |
Total |
|
funds |
funds |
|
2022 |
2022 |
|
£ |
£ |
| CCDLi Cost of sales |
25,792 |
25,792 |
| CCDLi Administration expenses |
44,025 |
44,025 |
| CCDLi Administration staff costs |
121,866 |
121,866 |
|
191,683 |
191,683 |
|
Grants to |
Total |
|
Individuals |
funds |
|
2023 |
2023 |
|
£ |
£ |
| Grant disbursals |
424,774 |
424,774 |
| During the year ended31March 2023 the following grant disbursals were made to individuals: |
|
|
| 1.Household Support Grants - £295,774 |
|
|
| 2.Cornwall Carers Service Grants - £129,000 |
|
|
|
Asrestated |
Asrestated |
|
Grantsto |
Total |
|
Individuals |
funds |
|
2022 |
2022 |
|
£ |
£ |
| Grant disbursals |
129,000 |
129,000 |
|
Activities |
Grant |
|
|
|
undertaken |
funding of |
Support |
Total |
|
directly |
activities |
costs |
funds |
|
2023 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
| Charitable activities |
2,403,289 |
424,774 |
452,864 |
3,280,927 |
|
|
As restated |
|
|
|
Activities |
Grant |
Asrestated |
Asrestated |
|
undertaken |
fundingof |
Support |
Total |
|
directly |
activities |
costs |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Charitable activities |
2,208,725 |
129,000 |
308,330 |
2,646,055 |
| Analysis of direct costs |
|
|
|
|
|
|
|
|
Total |
|
|
|
Activities |
funds |
|
|
|
2023 |
2023 |
|
|
|
£ |
£ |
| Staff costs |
|
|
1,416,027 |
1,416,027 |
| Contract payments made |
|
|
987,262 |
987,262 |
|
|
|
2,403,289 |
2,403,289 |
|
|
|
|
Total |
|
|
|
Activities |
funds |
|
|
|
2022 |
2022 |
|
|
|
£ |
£ |
| Staff costs |
|
|
1,418,040 |
1,418,040 |
| Contract payment made |
|
|
790,685 |
790,685 |
|
|
|
2,208,725 |
2,208,725 |
|
|
Total |
|
Activities |
funds |
|
2023 |
2023 |
|
£ |
£ |
| Depreciation |
23,198 |
23,198 |
| Repairs and maintenance |
9,654 |
9,654 |
| Cleaning |
12,831 |
12,831 |
| Premises costs |
60,640 |
60,640 |
| Motot, travel&subsustence expenses |
41,892 |
41,892 |
| Printing, postage and stationary |
2,798 |
2,798 |
| Advertising and promotion |
8,029 |
8,029 |
| Telecommunications |
27,577 |
27,577 |
| Computer running costs |
21,507 |
21,507 |
| Subscriptions |
18,437 |
18,437 |
| Other |
57,524 |
57,524 |
| Legal and professional |
107,887 |
107,887 |
| Irrecoverable VAT |
26,880 |
26,880 |
| Rent |
22,730 |
22,730 |
| Governance costs |
11,280 |
11,280 |
|
452,864 |
452,864 |
|
|
Asrestated |
|
Asrestated |
Total |
|
Activities |
funds |
|
2022 |
2022 |
|
£ |
£ |
| Depreciation |
16,920 |
16,920 |
| Repairs and maintenance |
11,924 |
11,924 |
| Cleaning |
14,985 |
14,985 |
| Premises costs |
68,462 |
68,462 |
| Motor, travel&subsistence expenses |
30,225 |
30,225 |
| Printing, postage and stationary |
2,873 |
2,873 |
| Advertising and promotion |
11,777 |
11,777 |
| Telecommunications |
19,001 |
19,001 |
| Computer running costs |
26,536 |
26,536 |
| Subscriptions |
11,976 |
11,976 |
| Other |
27,097 |
27,097 |
| Legal and professional |
56,804 |
56,804 |
| Governance costs |
9,750 |
9,750 |
|
308,330 |
308,330 |
| Auditors' remuneration |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Fees payabletothe Charity's auditor for the auditofthe Charity's annual |
|
|
| accounts |
9,780 |
8,750 |
| Fees payable to the Charity's auditorinrespectof: |
|
|
| All non-audit services not included above |
1,500 |
1,000 |
|
|
|
Group |
|
Charity |
|
Group |
Asrestated |
|
Charity |
Asrestated |
|
2023 |
|
2022 |
2023 |
2022 |
|
£ |
|
£ |
£ |
£ |
| Wages and salaries |
1,496,510 |
1,493,581 |
|
1,290,336 |
1,304,324 |
| Social security costs |
108,133 |
|
100,396 |
101,368 |
89,670 |
| Contributiontodefined contribution pension |
|
|
|
|
|
| schemes |
28,130 |
|
27,795 |
24,323 |
24,046 |
|
1,632,773 |
1,621,772 |
|
1,416,027 |
1,418,040 |
|
Group |
Group |
Charity |
Charity |
|
2023 |
2022 |
2023 |
2022 |
|
No. |
No. |
No. |
No. |
| Average headcount |
66 |
68 |
62 |
64 |
|
|
2023 |
2022 |
|
|
£ |
£ |
| P Coyne |
Remuneration |
2,161 |
2,075 |
|
Freehold |
|
Office |
Computer |
|
|
propertySolarPanels |
|
equipment |
equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Costorvaluation |
|
|
|
|
|
| At 1 April 2022 |
482,146 |
32,960 |
69,710 |
|
584,816 |
| Additions |
|
1,603 |
18,753 |
3,454 |
23,810 |
| At31March 2023 |
482,146 |
34,563 |
88,463 |
3,454 |
608,626 |
| Depreciation |
|
|
|
|
|
| At 1 April 2022 |
64,812 |
10,018 |
36,971 |
|
111,801 |
| Charge for the year |
9,643 |
1,383 |
12,170 |
1,151 |
24,347 |
| At31March 2023 |
74,455 |
11,401 |
49,141 |
1,151 |
136,148 |
| Netbookvalue |
|
|
|
|
|
| At31March 2023 |
407,691 |
23,162 |
39,322 |
2,303 |
472,478 |
| At31March 2022 |
417,334 |
22,942 |
32,739 |
|
473,015 |
|
|
|
Unlisted |
|
|
|
investments |
| Group |
|
|
£ |
| Costorvaluation |
|
|
|
| At 1 April 2022 |
|
|
197,881 |
| Revaluations |
|
|
(9,221) |
| At31March 2023 |
|
|
188,660 |
| Net book value |
|
|
|
| At31March 2023 |
|
|
188,660 |
| At31March 2022 |
|
|
197,881 |
|
Investments |
|
|
|
in |
|
|
|
subsidiary |
Unlisted |
|
|
companies |
investments |
Total |
| Charity |
£ |
£ |
£ |
| Cost or valuation |
|
|
|
| At 1 April 2022 |
2 |
197,881 |
197,883 |
| Revaluations |
|
(9,221) |
(9,221) |
| At31March 2023 |
2 |
188,660 |
188,662 |
| Net book value |
|
|
|
| At31March 2023 |
2 |
188,660 |
188,662 |
| At31March 2022 |
2 |
197,881 |
197,883 |
|
|
|
|
|
|
|
Name |
|
Income
Expenditure |
|
Net assets |
|
|
|
£ |
£ |
£ |
|
CCDL Innovation Ltd |
|
231,156 |
(231,156) |
15,962 |
| 16. |
Debtors |
|
|
|
|
|
|
|
Group |
|
Charity |
|
|
Group |
Asrestated |
Charity |
Asrestated |
|
|
2023 |
2022 |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
|
Due within one year |
|
|
|
|
|
Trade debtors |
194,024 |
214,894 |
194,024 |
214,894 |
|
Other debtors |
8,280 |
3,187 |
|
3,187 |
|
Prepayments and accrued income |
67,916 |
85,200 |
67,916 |
84,840 |
|
|
270,220 |
303,281 |
261,940 |
302,921 |
|
Group |
Group |
Charity |
Charity |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Unlisted investments |
190,378 |
189,348 |
190,378 |
189,348 |
|
|
Group |
|
Charity |
|
Group |
Asrestated |
Charity |
Asrestated |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Trade creditors |
370,938 |
249,790 |
350,089 |
248,858 |
| Amounts owed to group undertakings |
|
|
21,890 |
35,551 |
| Corporation tax |
|
80 |
|
|
| Other taxation and social security |
25,557 |
32,872 |
25,557 |
32,872 |
| Other creditors |
176,297 |
113,028 |
123,019 |
111,775 |
| Accrualsanddeferred income |
333,123 |
411,948 |
224,583 |
223,686 |
|
905,915 |
807,718 |
745,138 |
652,742 |
|
|
Group |
|
Charity |
|
Group |
Asrestated |
Charity |
Asrestated |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Deferred income |
|
|
|
|
| Deferred income at 1 April 2022 |
329,986 |
281, 183 |
145,574 |
133,153 |
| Resources deferred during the year |
151,038 |
329,986 |
151,038 |
145,574 |
| Amounts released from previous periods |
(329,986) |
(281, 183) |
(145,574) |
(133,153) |
|
151,038 |
329,986 |
151,038 |
145,574 |
|
Asrestated |
|
|
|
Balance at |
|
Balance at 1 |
|
|
Gains/ |
31March |
|
April2022 |
Income |
Expenditure |
(Losses) |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
|
| Designatedfunds |
|
|
|
|
|
| Relocation and refurbishment |
|
|
|
|
|
| fund |
65,209 |
|
(65,209) |
|
|
| Penwith Centre funds |
25,000 |
|
|
|
25,000 |
| CRCC redundancy funds |
160,000 |
|
|
|
160,000 |
| Development fund |
100,000 |
|
|
|
100,000 |
|
350,209 |
|
(65,209) |
|
285,000 |
| Generalfunds |
|
|
|
|
|
| General funds |
546,009 |
2,462,995 |
(2,752,155) |
|
256,849 |
| Revaluation reserve |
47,510 |
|
|
(9,221) |
38,289 |
|
593,519 |
2,462,995 |
(2,752,155) |
(9,221) |
295,138 |
| Total Unrestrictedfunds |
943,728 |
2,462,995 |
(2,817,364) |
(9,221) |
580,138 |
| Statementoffunds (continued |
) |
|
|
|
|
|
As restated |
|
|
|
Balance at |
|
Balance at 1 |
|
|
Gains/ |
31March |
|
April 2022 |
Income |
Expenditure |
(Losses) |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Restricted funds |
|
|
|
|
|
| Penwith Centre building |
416,219 |
|
(10,057) |
|
406,162 |
| Sunshine on Penwith Centre |
23,425 |
|
(1,454) |
|
21,971 |
| Contain Outbreak Management |
|
|
|
|
|
| fund |
|
23,600 |
(13,111) |
|
10,489 |
| Engage Britain |
|
10,000 |
(10,000) |
|
|
| Household Support grants |
|
295,774 |
(295,774) |
|
|
| Cornwall Carers Service grants |
|
129,000 |
(129,000) |
|
|
| Garfield Weston |
|
4,167 |
(4,167) |
|
|
| Great Western Railway |
|
1,500 |
|
|
1,500 |
| CCDLi reserves |
331,452 |
178,596 |
(225,756) |
|
284,292 |
|
771,096 |
642,637 |
(689,319) |
|
724,414 |
| Totaloffunds |
1,714,824 |
3,105,632 |
(3,506,683) |
(9,221) |
1,304,552 |
|
|
|
|
|
|
|
Asrestated |
|
Asrestated |
|
|
|
|
|
Balanceat |
|
Balanceat |
|
Asrestated |
Asrestated |
Transfers |
Gains/ |
31March |
|
1 |
April 2021 |
Income |
Expenditure |
in/out |
(Losses) |
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Unrestricted |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| Designated |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| Relocation and |
|
|
|
|
|
|
|
| refurbishment |
|
|
|
|
|
|
|
| fund |
|
65,209 |
|
|
|
|
65,209 |
| Penwith Centre |
|
|
|
|
|
|
|
| funds |
|
25,000 |
|
|
|
|
25,000 |
| CRCC |
|
|
|
|
|
|
|
| redundancy |
|
|
|
|
|
|
|
| funds |
|
160,000 |
|
|
|
|
160,000 |
| Development |
|
|
|
|
|
|
|
| fund |
|
|
|
|
100,000 |
|
100,000 |
|
|
250,209 |
|
|
100,000 |
|
350,209 |
| General funds |
|
|
|
|
|
|
|
| General funds |
|
568,371 |
2,155,680 |
(2,257,055) |
79,013 |
|
546,009 |
| Revaluation |
|
|
|
|
|
|
|
| reserve |
|
32,645 |
|
|
|
14,865 |
47,510 |
|
|
601,016 |
2,155,680 |
(2,257,055) |
79,013 |
14,865 |
593,519 |
| Total |
|
|
|
|
|
|
|
| Unrestricted |
|
|
|
|
|
|
|
| funds |
|
851,225 |
2,155,680 |
(2,257,055) |
179,013 |
14,865 |
943,728 |
|
|
|
|
|
|
Asrestated |
|
Asrestated |
|
|
|
|
Balanceat |
|
Balance at |
Asrestated |
Asrestated |
Transfers |
Gains! |
31March |
|
1 April 2021 |
Income |
Expenditure |
in/out |
(Losses) |
2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Restricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Penwith Centre |
|
|
|
|
|
|
| building |
426,276 |
|
(10,057) |
|
|
416,219 |
| Sunshine on |
|
|
|
|
|
|
| Penwith Centre |
24,879 |
|
(1,454) |
|
|
23,425 |
| Clean Cornwall |
65,601 |
6,513 |
(35,997) |
(36,117) |
|
|
| Aged Veterans |
58,204 |
52,900 |
(57,429) |
(53,675) |
|
|
| Hertiage |
4,100 |
|
(1,051) |
(3,049) |
|
|
| Digital Outreach |
23,778 |
59,300 |
(71,071) |
(12,007) |
|
|
| Community |
|
|
|
|
|
|
| Flood Forum |
|
13,235 |
(16,559) |
3,324 |
|
|
| Health and |
|
|
|
|
|
|
| Wellbeing |
|
46,419 |
(14,143) |
(32,276) |
|
|
| Better Budgets |
|
25,596 |
(10,189) |
(15,407) |
|
|
| Edgecumbe |
|
|
|
|
|
|
| Avenue |
|
53,753 |
(37,500) |
(16,253) |
|
|
| CCDLi reserves |
211,038 |
331,050 |
(197,083) |
(13,553) |
|
331,452 |
|
813,876 |
588,766 |
(452,533) |
(179,013) |
|
771,096 |
| Totaloffunds |
1,665,101 |
2,744,446 |
(2,709,588) |
|
14,865 |
1,714,824 |
|
Asrestated |
|
|
|
Balance at |
|
Balance at 1 |
|
|
Gains/ |
31March |
|
April 2022 |
Income |
Expenditure |
(Losses) |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
350,209 |
|
(65,209) |
|
285,000 |
| General funds |
593,519 |
2,462,995 |
(2,752,155) |
(9,221) |
295,138 |
| Restricted funds |
771,096 |
642,637 |
(689,319) |
|
724,414 |
|
1,714,824 |
3,105,632 |
(3,506,683) |
(9,221) |
1,304,552 |
|
|
|
|
|
|
|
Asrestated |
|
|
|
|
|
|
|
Balanceat |
|
Balance at |
Asrestated |
|
Asrestated |
Transfers |
Gains/ |
31March |
|
1 April 2021 |
|
Income |
Expenditure |
in/out |
(Losses) |
2022 |
|
£ |
|
£ |
£ |
£ |
£ |
£ |
| Designated |
|
|
|
|
|
|
|
| funds |
250,209 |
|
|
|
100,000 |
|
350,209 |
| General funds |
601,016 |
2,155,680 |
|
(2,257,055) |
79,013 |
14,865 |
593,519 |
| Restricted funds |
813,876 |
|
588,766 |
(452,533) |
(179,013) |
|
771,096 |
|
1,665,101 |
2,744,446 |
|
(2,709,588) |
|
14,865 |
1,714,824 |
| Analysisofnet assets between funds•cur |
rent year |
|
|
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Tangible fixed assets |
44,345 |
428,133 |
472,478 |
| Fixed asset investments |
188,660 |
|
188,660 |
| Current assets |
1,253,048 |
296,281 |
1,549,329 |
| Creditors due within one year |
(905,915) |
|
(905,915) |
| Total |
580,138 |
724,414 |
1,304,552 |
|
Asrestated |
Asrestated |
|
|
unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Tangible fixed assets |
33,371 |
439,644 |
473,015 |
| Fixed asset investments |
197,881 |
|
197,881 |
| Current assets |
1,520, 194 |
331,452 |
1,851,646 |
| Creditors due within one year |
(807,718) |
|
(807,718) |
|
943,728 |
771,096 |
1,714,824 |
|
|
Group |
|
Group |
Asrestated |
|
2023 |
2022 |
|
£ |
£ |
| Net income/expenditure for the year (as per Statement of Financial |
|
|
| Activities) |
(401,051) |
217,229 |
| Adjustments for: |
|
|
| Depreciation charges |
24,347 |
19,931 |
| Dividends, interests and rents from investments |
(8,802) |
(8,525) |
| Decreaseindebtors |
33,061 |
31,542 |
| Increaseincreditors |
98,197 |
291,240 |
| Net cash provided by/(used in) operating activities |
(254,248) |
551,417 |
|
|
Group |
Group |
|
|
2023 |
2022 |
|
|
£ |
£ |
| Cash |
inhand |
1,088,731 |
1,359,017 |
| Liquid |
investments |
190,378 |
189,348 |
| Total |
cash and cash equivalents |
1,279,109 |
1,548,365 |
|
|
At 1 April |
|
At31March |
|
|
2022 |
Cash flows |
2023 |
|
|
|
£ |
£ |
|
|
£ |
|
|
| Cash |
at bank andinhand |
1,359,017 |
(270,286) |
1,088,731 |
| Liquid |
investments |
189,348 |
1,030 |
190,378 |
|
|
1,548,365 |
(269,256) |
1,279,109 |
|
|
Asrestated |
|
Asrestated |
|
Group |
Group |
Charity |
Charity |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Not later than 1 year |
32,984 |
28,357 |
24,010 |
24,010 |
| Later than 1 year and not later than 5 years |
46,023 |
79,006 |
34,358 |
58,368 |
|
79,007 |
107,363 |
58,368 |
82,378 |