Charity registration number: 1115068
Lanivet Parish Sport and Recreational Trust
(An Unincorporated Charity)
Annual Report and Financial Statements
st
for the Year Ended 31 December 2023

Lanivet Parish Sport and Recreational Trust
Contents
Reference and Administrative Details
Trustees, Report
2to4
Independent Examiner's report
Statement of financial activities
Balance Sheet
Notes to the financial statements
8t016

Lanivet Parish Sport and Recreational Trust
Reference and Administrative Details
Charity name
Lanivet Parish Sport and Recreational Trust
Charity registration number
1115068
Principal office
The One for All Lanivet Parish Community Centre
Carters Parc
Rectory Road
Lanivet
Cornwall
PL30 5HG
Registered office
The One for All Lanivet Parish Community Centre
Carters Parc
Rectory Road
Lanivet
Cornwall
PL30 5HG
Trustees
Stephen Angwin
David Carter
Richard Gibbons
Michael Hancock
Andrew Harris
Peter Old (Chairn]an)
Secretary
Sue Carthew
Treasurer
Julie Angwin
Bankers
Lloyds Bank
14 Molesworth Street
Wadebridge
PL27 7DE
Independent Examiner
Danny Batten BSC. DMS
Kingfisher House
Truro Road
Lanivet
Cornwall
PL30 5HF
Page I

Lanivet Parish Sport and Recreational Trust
Trustee Report
The trustees present their annual report and the financial statements of Lanivet Parish Sport and
Recreational Trust for the year ended 31. December 2023.
The accounts comply with the Charities Act 201 I, the Memorandum and Articles of Association and
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard 102 applicable in the UK
and Republic of Ireland (FRS 102) effective l January 2015.
Governance, Structure & Management
The charity is controlled by its governing document, a deed of trust dated 22 June 2006, and
constitutes an unincorporated charity.
The charity is currently run by a Management Committee of 6 Trustees (the minimum number is 3) and
3 other members, who are appointed for 3 years. The Trust meets 12 times a year
The Trustees and members are recruited by way of their wide range of expertise to enhance the
decision making of the Trust.
Objectives & Activities
The objects of the Trust are:
To promote for the benefit of Lanivet and the surrounding area the provision of facilities for recreation
or other leisure time occupation of individuals who have need of such facilities by reason of their
youth, age, infinnity or disablement, financial hardship or social and economic circumstances or for the
community at large in the interests of social welfare and with the objects of improving the conditions of
life of the said inhabitants
Public benefit
The Trustees are satisfied that the Charity meets the public benefit through their objectives in
consideration of the following:
The Charity operates the One for All Lanivet Parish Community Centre (which commenced
operations in April 2018) aimed at delivering the following outcomes.
Increased social interaction will result in elderly members of the community being less
isolated and their well-being will be improved.
Young people will be engaged in the local community and less inclined toward
antisocial behaviour and feel empowered to contribute to community life.
Local people will tackle local issues and create greater community cohesion and
resilience
Page 2

Lanivet Parish Sport and Recreational Trust
Trustee Report
Achievements and Performance
2023 was yet another significant year for the Trust with the Community Centre going from strength to
strength. It was pleasing to see new services in the year at the Centre including counselling
practitioners and clinics for epilepsy, dementia and knee pain. We offer a wide range of activities from
"cradle to grave" and interest for bookings is a strong as ever.
The Lanivet Hub has also been very successful in offering a safe wann space for people to meet and to
eat and drink from the affordable menu. We were successful in getting a grant from the government's
Levelling Up Fund to fund a part time assistant chef for 12 months, with the intention to build up the
business to continue the post after the grant finishes, which we have been able to achieve.
As part of the Levelling Up grant, we were able to add a second solar installation which will greatly
help to reduce our energy costs and reduce our carbon footprint.
The transport service continued to grow with both vehicles being in constant use. We now have 25
organisations registered to use the minibus including all the local primary schools. The electric vehicle
covered nearly 12,000 miles in the year delivering 375 prescriptions, 141 medical trips carrying 419
passengers of which 82 where in a wheelchair.
We continue to operate an emergency grant scheme working with other agencies in Bodmin and the
surrounding are. The need for these grants has dramatically increased over the winter period. During
the year we made 75 payments totalling £13,105 to approximately 30 families.
The Trust was successful in obtaining grants to the value of £86,591 from the Levelling Up Fund,
Volunteer Cornwall, National Grid, Active Cornwall, the National Lottery and the Cornwall
Community Foundation.
Finally, we would like to thank all the volunteers who give up their time to help in the Hub,
Landscaping, Drivers and Admin teams. Their services are greatly appreciated and vital to make the
community centre the success that it undoubtably is.
Page 3

Lanivet Parish Sport and Recreational Trust
Trustee Report
Financial Review
Income for the year of £212,468 (2022 £113,956), with the increase being due to increased grants and
sales.
Expenditure was £190,034 (2022 103,639) with the increase being catering purchases, grants paid out
and staff wages and salaries.
Reserves policy.
The organisation aims to hold 6 months, worth of minimal running costs of the new facility calculated
at £13,000, as an unrestricted reserve. The current value of £168,253 is well above this figure.
Approved by the Board and signed on its behalf by:
Peter Old, Chairnian
Date 9 July 2024
Page 4

Independent Examiner's Report to the Trustees of
Lanivet Parish Sport and Recreational Trust
I report on the accounts of the charitable company for the year ended 31 Sl December 2023, which are set out on
pages 6 to 16.
Respective responsibilities of trustees and auditors
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and the United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act
2011 (the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination it is
my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under
section 145(5)(b) of the Charities ACL and
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the accounts,
and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether
the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement
below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention to indicate that:
accounting records have not been kept in accordance with section 386 of the Companies Act 2006;
the accounts do not accord with such records:
where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting
requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP
(FRS102)
any matter which the examiner believes should be drawn to the attention of the reader to gain a proper
understanding of the accounts.
Date:...2 July 2024
D. M. Batten BSC. DMS
Kingfisher House, Truro Road,
Lanivet, Cornwall PL30 5HF
Page 5

Lanivet Parish Sport and Recreational Trust
st
Statement of Financial Activities for the Year Ending 31 December 2023
Restricted
income
funds
Prior
year
funds
Unrestricted
funds
Total
funds
Income
Income and
endowments from:
Donations and
legacies
Charitable activities
Investments
4,029
175,963
4,029
208,436
9,038
104,917
32,473
Total
Expenditure
Expenditure on:
Charitable activities
179,995
32,473
212,468
113,956
157,597
157,597
32,437
32,437
190,034
190,034
103,639
103,639
Tolal
Net movement infunds
22,398
36
22,434
10,317
Reconcilialion of
funds..
Total funds brought
forward
Totalfunds carried
fonvard
145,855
846,492
992,347
982.030
168,253
846,528
1,014,781
992 347
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 16 form an integral part of these financial statements.
Page 6

Lanivet Parish Sport and Recreational Trust
St
Balance Sheet as at 31 December 2023
2023
2022
Note
Tangible Assets
989,826
974,339
Current Assets
Debtors
Cash at bank and in hand
10
10,754
30,344
41,098
6,143
21,431
27,574
Creditors: Amounts falling
due within one year
Net current assets
Net assets
11 (16,143)
(9,566)
24,955
1,014,781
18,008
992,347
The funds of the charity:
Restricted funds
14
846,528
846,492
Unrestricted funds
Unrestricted income funds
Designated Fund
Total unrestricted funds
168,253
145,855
168,253
145,855
Total charity funds
1,014,781
992,347
Approved by the Truste
.9 July 2024
Signed
Peter Old, Chaiman
The notes on pages 8 to 16 forni an integral part of these financial statements
Page 7

Lanivet Parish Sport and Recreational Trust
st
Notes to the Financial Statements for the Year Ended 31 December 2023
l. Accounting policies
Basis of accounting
The accounts have been prepared under the historical cost convention and in accordance with the
Statement of Recommended Practice: Accounting and Reporting by Charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS102) issued on 16 July 2014 and the Charities Act 2011.
The financial statements are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The charity constitutes a public benefit entity as defined by FRS 102.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of
which is restricted to that area or purpose
Further details of each fund are disclosed in note 14.
Income
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS102 SORP or FRS102.
Donations are recognised where there is entitlement, certainty of receipt and the amount &qn be
measured with sufficient reliability.
Income from tax reclaims are included in the statement of financial activities at the same time as
the gift to which they relate when there is a valid declaration from the donor.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or
services are provided) under contract.
Expenditure
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to the expenditure. All expenditure is accounted for on an accruals basis and has been
classified under headings that aggregate all costs related to the category.
Page 8

Lanivet Parish Sport and Recreational Trust
st
Notes to the Financial Statements for the Year Ended 31 December 2023
. continued
Costs of raising funds are the costs associated with attracting voluntary income and the costs of
trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them along with
governance costs. Governance costs include costs of the preparation and examination of the
statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on
governance or constitutional matters.
Support costs
Support costs are those incurred directly in support of expenditure on the objects of the charity
and include project management.
Fixed assets
Individual fixed assets costing £250 or more are initially recorded at cost
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
2 % straight line
15 % straight line
20 % straight line
25 % straight line
Land & Buildings
Plant and machinery
Motor Vehicles
Office Equipment
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
Page 9

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31st December 2023
. continued
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from
a past event that will probably result in the transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditors and provisions are nonnally
recognised at their settlement amount after allowing for any trade discounts due.
Financial instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at the carrying value plus accrued interest less repayments. The financing
charge to expenditure is at a constant rate calculated using the effective interest method.
Operating leases
Rentals payable under operating leases are charged in the statement of financial activities on a
straight-line basis over the lease term.
2. Income
2.1. Donations and Legacies
Unrestricted
funds
Restricted
income
funds
Total
funds
Prior
year
funds
Appeals and Donations
Gift Aid Tax Reclaimed
4,029
4,029
9,038
4,029
4,029
9,038
Page 10

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31st December 2023
Charitable Activities
Unrestricted
funds
Restricted
income
funds
Prior
year
funds
Total
funds
Grants
Volunteer Cornwall
Asda Foundation
Levelling Up Fund
Cornwall Community Foundation
Awards for All
Active Cornwall
Lanivet United Charities
Business Support Grant
National Grid
Football Foundation
Energy Grants
Other Grants
Total Grants
Other Income
Lanivet United Charity
Fundraising Income
Room Hire
Pitch Hire
Sales
Transport
Total Other Income
21,500
21,500
i 0,000
1,000
22,873
22.873
15,000
9,600
3,380
15,000
12,000
9,600
3,380
i 0.000
2,667
7,000
909
2,063
9,920
1,976
2,342
9,920
1,976
2,342
54,118
32,473
86,591
45,639
350
2,166
46,290
15,508
44,228
8,657
4,646
121,845
175,963
350
2,166
46,290
15,508
44,228
8,657
4,646
121,845
208,436
350
936
34,977
14,606
4,427
3,745
237
59,278
104,917
TOTAL
32,473
2.3. Investments
Unrestricted
funds
Restricted
income
funds
Prior
year
funds
Total
funds
Interest on Cash Deposits
Page 11

Lanivet Parish Sport and Recreational Trust
st
Notes to the Financial Statements for the Year Ended 31 December 2023
3. Expenditure
Unrestricted
funds
Restricted
income
funds
Total
2023
Total
2022
Direct costs
Cost of Fundraising
775
775
138
775
775
138
Support costs
Ground Rent
Wages and Salaries
Cleaning& Waste
Insurance
Utilities
Repairs and Maintenance
Catering
Field Upkeep
Telephone
Office Expenses
Transport
Licences & Subscriptions
Grants
Professional Fees
Bank Charges
Sundry Expenses
Depreciation
Total Support Costs
350
66,877
4,370
6,353
7,881
9,387
24,853
5,418
866
225
5,162
1,135
19,791
1,381
822
119
1,832
350
74,376
4,370
6,353
7,881
9,387
24,853
5,418
866
225
5,162
1,135
19,791
1,381
822
350
30,269
3,690
4,989
4,988
5,300
4,827
12,788
784
148
3,524
1,644
2,155
200
365
2,013
25,037
7,499
24,938
26,770
156,822
32,437
188,259
103,071
Governance Costs
The independent examination of the charity's
annual accounts
430
430
Total Governance Costs
Total Expenditure
157,597
32,437
190,034
103,639
Page 12

Lanivet Parish Sport and Recreational Trust
St
Notes to the Financial Ststements for the Year Ended 31 December 2023
4. Analysis of Grants
During the year a small number of grants were received by the Trust and paid over to
organisations and individuals.
2023
2022
Individual Emergency Grants (75 payments)
Other Organisations
Total
13,105
6,686
19,791
2,155
2,155
5. Trustees, remuneration and expenses
No trustee received any remuneration or expenses during the current or previous year.
6. Net expenditure
Net expenditure is stated after charging:
2023
2022
Examiner's remuneration - Independent Examination of the
charity's annual accounts
Depreciation
430
25,037
25,037
26,770
26,770
7. Employee's Remuneration
The average number of persons employed by the charity during the year was as follows:
2023
2022
Charitable activities
The aggregate payroll costs of these persons were as follows:
2023
2022
Wages and salaries
74,376
30,270
Page 13

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31st December 2023
8. Tangible Fixed Assets
Land
and
Buildings
Plant and Equipment
Machinery
Total
Total
Cost
As at l January 2023
Additions (Write offj
As at 3 1st December2023
st
1,032,040
5,191
,037,231
17,290
33,014
50,304
15,397
4,052
19,449
1,064,727
42,257
1,106,984
Depreciation
As at I" January 2023
Charge for |Year
As at 31" December 2023
72,600
20,641
93,241
11,342
2,280
13,622
6,446
90,388
26,770
117,158
10,295
Net Book Value
st
As at l January 2023
As at 31" December 2023
959,440
943 990
8,951
974,339
989,826
36,682
9. Taxation
The company is a registered charity and is, therefore, exempt from taxation.
10. Debtors
2023
2022
Grants
Trade Debtors
10,754
10,754
6,143
6,143
11. Creditors: Amounts falling due within one year
2023
2022
Capital Creditors
Accruals and Deferred Income
449
15,694
16,143
9,566
9,566
Page 14

Lanivet Parish Sport and Recreational Trust
st
Notes to the Financial Statements for the Year Ended 31 December 2023
12. Capital Commitments
2023
2022
Building Contract
13. Related parties
The charity is controlled by the trustees and committee members of the Trust
14. Analysis of funds
At lit January
2023
Incoming
Resources
Resources
At 31"
Expanded December
2023
General Funds
Unrestricted general funds
Designated Minibus fund
Unrestricted income fund
145,855
179,995
(157,597)
168,253
145,855
179,995
(157,597)
168,253
Restricted Funds
Restricted funds spent on capital
not yet amortised to the SOFA
Big Lottery
Awards for All
Sita
Football Foundation
Bernard Sunley Charitable Trust
Garfield Weston Foundation
Cornwall Community Foundation
Playing Fields Legacy Fund
Sport England
Lanivet Parish Council
Lanivet United Charities
DEFRA Acre
Levelling Up Fund
460,727
16,510
100,007
61,376
14,174
28,349
12,157
14,651
68,541
15,000
45,000
10,000
(11,396)
(1,776)
(2,474)
(1,518)
(351)
(701)
(2,933)
(362)
(1,696)
(371)
(1,113)
(247)
(7,499)
(32,437)
449,331
24,334
97,533
59,858
13,823
27,648
9,224
14,289
66,845
14,629
43,887
9,753
15,374
846,528
9,600
22,873
32,473
846,492
Total Funds
992J47
212,468
(109,034)
1,014,781
Page 15

Lanivet Parish Sport and Recreational Trust
Notes to the Financial Statements for the Year Ended 31" December 2023
15. Net assets by fund
Unrestricted
funds
Restricted
income
funds
Total
funds
Prior
year
funds
Fixed Assets
Current Assets
Creditors: Amounts falling
due within one year
Net Assets
143,298
41,098
846,528
989,826
41,098
974,339
27,574
(16,143)
(16,143)
(9,566)
168,253
846,528
1,014,781
992,347
Page 16