| CONTENTS | ~Pa e | |
|---|---|---|
| Trustees and Advisers | ||
| Trustees' Annual Report |
3-9 | |
| Independent Examiner's |
Report | 10 |
| Statement ofFinancial Activities | ||
| Balance Sheet | 12 | |
| Statement of Cash Flows | 13 | |
| Notes to the Financial Statements | 14-28 |
| Notes | Un- restricted funds |
Restricted funds |
Endowment funds |
Total funds Y~E~3 |
Total funds Y~E |
|
|---|---|---|---|---|---|---|
| INCOME FROM: | ||||||
| Donations and grants |
2 | 200,321 | 444,168 | 644,489 | 551,736 | |
| Charitable activities: |
||||||
| Housing benefit and personal | ||||||
| service charges | 107,190 | 107,190 | 90,367 | |||
| Investment Income |
3 | 2,350 | 2,350 | 53 | ||
| Other | 2,428 | 2,428 | 2,211 | |||
| TOTAL INCOME | 312,289 | 444 168 | 756,457 | 644,367 | ||
| EXPENDITURE ON: | ||||||
| Raising funds: | ||||||
| Fundraising | 3,004 | 3,004 | 2,480 | |||
| Grants | 4,910 | 4,910 | 3,394 | |||
| 7,914 | 7,914 | 5,874 | ||||
| Charitable activities: |
||||||
| Housing costs | 65,898 | 228,576 | 780 | 295,254 | 280,574 | |
| Counselling and support projects |
3,999 | 251,172 | 255,171 | 251,927 | ||
| 69,897 | 479,748 | 780 | 550,425 | 532,501 | ||
| TOTAL EXPENDITURE | 69,897 | 487,662 | 780 | 558,339 | 538,375 | |
| NET INCOME/(EXPENDITURE) | AND | |||||
| NET MOVEMENT IN FUNDS | 242,392 | (43,494) | (780) | 198,118 | 105,992 | |
| Change in market value ofinvestments | 685 | 685 | 416 | |||
| RECONCILATION OF FUNDS: |
||||||
| Total funds brought forward |
486,716 | 350,010 | 7,567 | 844,293 | 737,885 | |
| TOTAL FUNDS CARRIED FORWARD | 729,108 | 306,516 | 7,472 | 1,043,096 | 844,293 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| CASH FLOWS FROM OPERATING | ||||||
| ACTIVITIES: | ||||||
| Net cash provided by operating |
activities | 15 | 195,841 | 75,032 | ||
| CASH FLOWS FROM INVESTING | ||||||
| ACTIVITIES | ||||||
| Interest received | 2,350 | 53 | ||||
| Meteor shares sales income | 874 | 1,287 | ||||
| NET CASH PROVIDED BYINVESTING | ||||||
| ACTIVITIES | 3,224 | 1,340 | ||||
| INCREASE IN CASH AND CASH | ||||||
| EQUIVALENTS IN THE YEAR | 16 | 199,065 | 76,372 | |||
| Increase in cash and cash equivalents | in | the | ||||
| year | 16 | 199,065 | 76,372 | |||
| Cash and cash equivalents at the |
beginning | |||||
| ofthe year | 619,230 | 542,858 | ||||
| CASH AND CASH EQUIVALENTS |
AT | |||||
| THE END OF THE YEAR | 16 | 818,295 | 619,230 | |||
| The notes on pages 17to 28 form | part | ofthese | financial | statements. |
| 2 INCOME FROM DONATIONS |
2 INCOME FROM DONATIONS |
2023 f |
2022 |
|---|---|---|---|
| Donations | and fundraising | ||
| General donations | 6,741 | 21,616 | |
| Housing cost donation | 1,309 | 1,045 | |
| Counselling | and support project donations | 5,555 | 9,721 |
| Fundraising | events | 126 | 57 |
| Legacies | 190,454 | ||
| 204,185 | 32,439 | ||
| Grants | |||
| Housing cost grants | 238,417 | 236,288 | |
| Counselling | and support project grants | 186,277 | 277,509 |
| Other grants Cost ofliving |
grants | 12,610 3,000 |
5,500 |
| 440,304 | 519,297 | ||
| TOTAL | 644,489 | 551,736 |
| Activities | ||||||||
|---|---|---|---|---|---|---|---|---|
| undertaken | Support Governance |
2023 | 2022 | |||||
| ~directl E |
costs | costsf | Total | Total | ||||
| Cost ofraising | funds | |||||||
| Fundraising Grants |
3,004 4,910 |
3,004 4,910 |
2,480 3,394 |
|||||
| 7,914 | 7,914 | 5,874 | ||||||
| Expenditure | on | charitable | activities | |||||
| Housing costs | 230,666 | 52,596 | 11,992 295,254 |
280,574 | ||||
| Counselling and |
support project | 243,773 | 9,282 | 2,116 255,171 |
251,927 | |||
| 474,439 | 61,878 | 14,108 550,425 |
532,501 | |||||
| Total resources | expended | 474,439 | 69,792 | 14,108 558,339 |
538,375 | |||
| 5 SUPPORT |
COSTS ALLOCATION | Raising | Charitable | Governance | ||||
| funds | activities | ~activi | ||||||
| E | ||||||||
| Trust Manager's | wages | 4,686 | 24,309 | 293 | ||||
| Administrator's wages Employer's pension contributions Governance costs Fundraising costs |
2,791 437 |
23,721 13,848 |
1,395 292 12,128 |
|||||
| Total support | costs -year ended 31/3/2023 | 7,914 | 61,878 | 14,108 | ||||
| Total support | costs -year ended 31/3/2022 | 5,859 | 49,706 | 13,875 |
| o restricted and unrestricted funds depending o |
n the contracted |
duties ofthe rele | vant employee |
|---|---|---|---|
| The monthly average number ofstaff employed |
by the Charity | No. | No. |
| during the year was made up as follows: | |||
| Trust manager | 1 | ||
| Administrators | 1 | ||
| project managers | 1 | ||
| Project workers | 10 | ||
| Children's worker |
1 | ||
| Counselling co-ordinator |
1 | ||
| 15 | 14 |
| Net move | ment in funds i |
s | arrived at afier charging: | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| E | |||||
| Depreciation oftangible Auditors' remuneration: |
fixed assets | 6,256 | 6,258 | ||
| other accountancy | services | 89 | 6,692 |
| 9 TANGIBLE FIXED |
ASSETS | ||||
|---|---|---|---|---|---|
| Freehold | Log | Computer | Equipment | Total | |
| land and | cabin | equipment | |||
| buildings | |||||
| Cost: | |||||
| At 1April 2022 | |||||
| and at 31March 2023 | 263,931 | 11,555 | 2,334 | 32,127 | 309,947 |
| Depreciation: | |||||
| At 1April 2022 | 42,074 | 11,555 | 1,852 | 31,137 | 86,618 |
| Charge for the year | 5,279 | 482 | 495 | 6,256 | |
| At 31March 2023 | 47,353 | 11,555 | 2,334 | 31,632 | 92,874 |
| Net BookValue: | |||||
| 31March 2023 | 216,578 | 495 | 217,073 | ||
| 31March 2022 | 221,857 | 482 | 990 | 223,329 |
| 10 FIXEDASSETINVESTMENTS |
O~d |
|---|---|
| investment | |
| fund | |
| Cost or valuation | |
| At 1April 2022 Disposals |
5,821 ~874) |
| 4,947 | |
| Change in market value ofinvestments | 685 |
| At 31March 2023 | 5,632 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | |||
| Trade debtors | 4,017 | 5,390 | |
| Prepayments | and accrued income | 4,469 | 2,692 |
| Other debtors | 126 | 155 | |
| 8,612 | 8,237 |
| 12 | CREDITORS: AMOUNTS | FALLING | ||
|---|---|---|---|---|
| DUE WITHIN ONE YEAR | 2023 | 2022 | ||
| Trade | creditors | |||
| Other | taxes and Social Security | |||
| Accruals Other creditors |
6,516 | 12,324 | ||
| 6,516 | 12,324 |
| Designated | Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|---|
| funds | funds | funds | fundsf | Total E |
|
| Tangible fixed assets Cash at bank and in hand Other net current liabilities |
400,000 | 495 328,610 3 |
216,578 95,938 (6,000) |
5,632 1,840 |
222,705 826,388 (5,997) |
| TOTAL FUNDS | 400,000 | 329,108 | 306,516 | 7,472 | 1,043,096 |
| Designated | Unrestricted | Restricted | Endowment | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | Total | |
| E | E | ||||
| Tangible fixed assets Cash at bank and in hand Other net current liabilities |
200,000 | 1,472 279,701 5,543 |
221,857 137,783 (9,630) |
5,821 1,746 |
229,150 619,230 (4,087) |
| TOTAL FUNDS | 200,000 | 286716 | 350,010 | 7,567 | 844,293 |
| Analysis ofmovement i |
n funds —curr | ent year | |||
|---|---|---|---|---|---|
| Designated funds |
Balance at ~I2 |
Income | Transfers f |
Balance at 31 March 2023 |
|
| Move on house fund and/or | |||||
| property purchase fund |
200,000 | 200,000 | 400,000 | ||
| Total designated funds Other charitable |
200,000 | 200,000 | 400,000 | ||
| purposes | 286,716 | 312,289 | (69,897) | (200,000) | 329,108 |
| Total unrestricted funds |
486,716 | 312,289 | (69,897) | 729,108 | |
| Restricted funds | |||||
| Realised Endowment Fund Children's project Helpline funding Support Group —Women Support Group —Men WAVES donations and |
45,492 1,837 302 1,785 777 |
2,169 11,000 1,309 1„380 |
(1,887) (11,302) (957) (1,424) |
45,492 2,119 2,137 733 |
|
| grants Hardship fund —Women Male Refuge Norda fund BigLottery Awards4All |
27,112 176 199,487 |
30,006 1,500 |
(56,360) (1,645) (5,279) |
758 31 194,208 |
|
| (Acorn Group) West Cornwall Youth Trust Acorn Group travel fund |
419 1,328 465 |
419 1,328 465 |
|||
| Total restricted funds | |||||
| c/fwd | 279,180 | 47,364 | (78,854) | 247,690 |
| Balance at ~l |
Income | Transfers | Balance at 31 March 2023 |
||
|---|---|---|---|---|---|
| Total restricted funds |
|||||
| b/fwd | 279,180 | 47,364 | (78,854) | 247,690 | |
| Outdoor play equipment fund Male refuge donations Big Lottery Awards4A11 (Norda 447 1,706 |
(1,078) | 447 628 |
|||
| Child and Family work) BBCChildren in Need ACTS 435 The Tudor Trust Fund Pat Newman Memorial Trust Comwall Council CYP |
2,911 (124) 1 22,625 2,500 |
1,460 32,000 |
(51) 124 (1,461) (41,843) |
2,860 12,782 2,500 |
|
| Support Worker Tudor Trust Team Wellbeing |
11,643 | 44,907 | (49,609) | 6,941 | |
| Grant Cornwall Council Norda Grant Cornwall Council Resettlement |
1,223 (327) |
118,000 | (1,223) (117,673) |
||
| Project DWP Household Support Grant |
20,734 | 41,250 | (37,678) | 24,306 | |
| Lloyds Bank Foundation StaffWellbeing Fund Cornwall Council Disability |
(46) 1,000 |
33,120 | (33,074) | 1,000 | |
| Adaptations Fund Cornwall Council Women' s |
6,537 | (505) | 6,032 | ||
| Refuge grant Soroptimist School Uniform |
120,417 | (120,417) | |||
| Grant Surviving Winter Fund Pirate FM Cash for Kids DWP Household Support Grant |
100 3,500 1,250 800 |
(3,500) (350) ~4707 |
100 900 330 |
||
| Total restricted funds |
350,010 | 444,168 | (487,662) | 306,516 | |
| Expendable endowment |
|||||
| fund | 7,567 | 685 | (780) | 7,472 | |
| TOTAL FUNDS | 844,293 | 757,142 | (558,339) | 1,043,096 |
| Analysis ofmovements |
in funds —pre | vious year | |||
|---|---|---|---|---|---|
| Balance at | Balance at 31 | ||||
| Designated funds |
Income | Transfers | March 2022 | ||
| Pet scheme Move on house fund |
579 70,000 |
(579) 130,000 |
200,000 | ||
| Total designated funds Other charitable |
70,579 | 129,421 | 200,000 | ||
| purposes | 359,023 | 114,720 | (57,606) | (129,421) | 286,716 |
| Total unrestricted funds |
429,602 | 114,720 | (57,606) | 486 716 | |
| Restricted funds | |||||
| Realised Endowment Fund Cornwall Council Women' s |
45,492 | 45,492 | |||
| Refuge grant Children's project Helpline funding Support Group —Women Support Group —Men WAVES donations WAVES grant Hardship fund —Women Hardship fund —Men Male Refuge Norda fund Soroptimist uniform fund Big Lottery Awards4All |
664 1,594 3,021 1,292 8,120 2,759 83 385 204,766 45 |
118,288 825 18,017 1,325 438 5,298 115,000 1,500 100 |
(118,952) (582) (17,715) (2,561) (953) (104,065) (1,407) (385) (5,279) (145) |
1,837 302 1,785 777 13,418 13,694 176 199,487 |
|
| (Acorn Group) West Cornwall Youth Trust Acorn Group travel fund |
419 1,328 465 |
419 1,328 465 |
|||
| Total restricted funds |
|||||
| c/fwd | 270,433 | 260,791 | (252,044) | 279,180 |
| Balance at | Income | d | Transfers | Balance at 21 March 2022 |
|
|---|---|---|---|---|---|
| E | E | ||||
| Total restricted funds |
|||||
| b/fwd | 270,433 | 260,791 | (252,044) | 279,180 | |
| Outdoor play equipment | |||||
| fund Male refuge donations BigLottery Awards4A11 |
800 685 |
1,045 | (353) (24) |
447 1,706 |
|
| (Norda Child and Family | |||||
| work) BBCChildren in Need ACTS 435 The Tudor Trust Fund Pat Newman Memorial Trust Cornwall Council CYP |
2,982 863 46 18,741 2,500 |
4,167 1,260 16,000 |
(71) (5,154) (1,305) (12,116) |
2,911 (124) 1 22,625 2,500 |
|
| Support Worker Wester Power Grant - Christmas Tudor Trust Team Wellbeing |
1,697 153 |
49,224 | (39,278) (153) |
11,643 | |
| Grant Cornwall Council Norda Grant Cornwall Council Resettlement |
2,000 | 118,000 | (777) (118,327) |
1,223 (327) |
|
| Project DWP Household Support Grant Lloyds Bank Foundation Staff Wellbeing Fund Cornwall Council Disability |
33,750 4,000 33,941 1,000 |
(13,016) (4,000) (33,987) |
20,734 (46) 1,000 |
||
| Adaptations Fund |
6,885 | (348) | 6,537 | ||
| Total restricted funds |
300,900 | 530,063 | (480,953) | 350,010 | |
| Expendable endowment |
|||||
| fund | 7,383 | 416 | (232) | 7,567 | |
| TOTAL FUNDS | 737,885 | 644,783 | (538375) | 844293 |
| 15 RECONCILATION OF ACTIVITIES |
NET MOVEMENT IN F | UNDS TO NET CASH IN | FLOW FROM |
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| Net movement in funds Depreciation Interest receivable (Decrease) in debtors (Decrease) in trade creditors (Decrease) in other taxes and Increase in other creditors and (Decrease) in deferred income |
Social Security accruals |
198,118 6,256 (2,350) (376) (5,807) |
105,992 6,258 (53) 2,930 (5,334) (5,297) 328 (29,792) |
| Net cash provided by operating |
activities | 195,841 | 75,032 |
| Year ended | Year ended | Year | ended | ||
|---|---|---|---|---|---|
| 2~13 2023 | 3l/132022 | ||||
| E | E | ||||
| INCOME | |||||
| Cornwall Council Resettlement Community Safety Partnership Children's project funding First Light - Waves BigLottery Reaching Communities |
Fund | 41,250 120,417 44,907 25,000 |
33,750 118,288 49,224 115,000 |
||
| (Male Refuge) BBCChildren In Need Lloyds Bank Foundation The Tudor Trust Cornwall Council Disabilities Adaptations Cornwall Council Helpline Other grants Donations |
118,000 33,120 32,000 10,000 12,510 6,964 |
118,000 4,167 33,941 16,000 6,885 10,000 6,000 18,808 |
|||
| 444,168 | 530,063 | ||||
| EXPENDITURE | |||||
| Wages and NI Counselling and Support project Insurance Rent Rates and water Electric and heating Telephone Advertising, postage and stationery Training and recruitment expenses Cleaning |
311,090 93,432 1,503 9,698 3,542 4,439 4,615 869 1,447 792 |
300,574 91,362 4,196 9,850 4,206 5,588 8,093 1,878 1,826 872 |
|||
| Repairs and Renewals -Property |
5,603 | 174 | |||
| - General Residents costs Travelling and volunteers expenses Independent examination fees Professional fees GDPR compliance costs |
3,783 14,526 1,287 1,777 1,969 911 |
8,479 8,685 6,660 5,019 1,104 41 |
|||
| Sundry expenses Health and safety Fundraising expenses |
6,227 3,754 |
6,416 3,518 37 |
|||
| Depreciation IT Support |
5,279 2,943 |
5,279 | |||
| Security | 8,176 | 7,096 | |||
| (487,662) | (480,953) | ||||
| (DEFICIT)/SURPLUS FOR YEAR | ~43.494/ | 49,110 |
| FOR THE YEAR ENDE | D 3 | 1MARCH 20 | 23 | ||
|---|---|---|---|---|---|
| Year | ended | Year ended | |||
| 3~13 | 2023 | ~31 3 2022 | |||
| INCOME | |||||
| Housing Benefit Personal service charges Donations Legacies |
99,788 7,402 6,741 190,454 |
83,493 6,874 21,616 |
|||
| Payphone, laundry and Investment income Fundraising events Other income |
television etc | 2,428 2,350 126 3,000 |
2,211 53 57 |
||
| 312,289 | 114,304 | ||||
| EXPENDITURE | |||||
| Wages and NI Insurance |
22,727 1,104 |
21,295 446 |
|||
| Rent Rates and water Electric and heating Telephone and Internet Advertising, postage and Training and recruitment |
stationery expenses |
10,377 3,000 4,439 3,333 491 |
9,850 2,057 2,333 1,725 1,081 239 |
||
| Cleaning | 792 | 497 | |||
| Repairs and Renewals - Propetty |
6,643 | 997 | |||
| - General Food and residents costs |
3,783 603 |
4,616 439 |
|||
| Television and video | 336 | 335 | |||
| Travelling and volunteers |
expenses | 83 | 262 | ||
| Audit/independent examiner Professional fees GDPR Compliance and storage Bank charges |
fees | (1,688) 6,265 198 172 |
1,673 4,509 987 219 |
||
| Sundry expenses Fundraising expenses Bad debts written off |
1,605 | 2,576 16 59 |
|||
| Depreciation Health and Safety ITSupport |
977 3,845 812 |
979 | |||
| (69,897) | (57,190) | ||||
| SURPLUS FOR YEAR | 242,392 | 57,114 |