2023-04-30-accounts

Trustees' Report		2 to 6
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	8to 11
Statement of Financial	Activities	12
Balance Sheet		13
Notes to the Financial	Statements	14to 22

Trustees:	Trustees:					Mr P D Armstrong	Mr P D Armstrong
						Mr C R BBrook
						Rt. Hon. Lord J	P		Burnett (Resigned 19August 2022)
						Mr R P Jones
						Col P R L Lane	(appointed 19August				2022)
						Mrs C Pitcher (Resigned				31 October 2022)
						Mr J R Sale
						Mrs J Smart
						Mr E M G Roberts			(appointed 8 July 2022)
						Ms C Furze (appointed				19May 2023)
Secretary:						Mrs J Smart
Senior	Management			I Leadership		Mrs C Mortimore,			Chief	Executive Officer
Team:						Mrs S Sherrell,	Finance			Manager
Registered		and Principal			Office:	Unit C4
						Union Mine Road
						Pitts Cleave
						Tavistock
						Devon
						PL19 ONS
						The Charity is incorporated in England					and Wales.
Charity	Registration		Number:			1128013
Company		Registration		Number:		06754603
Solicitors:						Stephens Scown LLP
						Osprey House
						Malpas Road
						Truro
						Cornwall
						TR1 1UT
Bankers:						Lloyds Bank
						13Broad Street
						Launceston
						Cornwall
						PL15 8AG
Auditor:						PKF Francis Clark
						18, Unit 23 Melville			Building East
						Royal William Yard
						Plymouth
						Devon
						PL1 3GW
						Page		1

				Unrestricted	Total	Total
				funds	2023	2022
			Note
Income and Endowments		from:
Charitable activities				475,906	475,906	470,115
Investment income				21,215	21,215	2,697
Total Income				497,121	497,121	472,812
Expenditure on:
Charitable activities				(456,504)	(456,504)	(405,767)
Other expenditure				90	90
Total Expenditure				(456,414)	(456,414)	(405,767)
Net income				40,707	40,707	67,045
Net movement in funds				40,707	40,707	67,045
Reconciliation of	funds
Total funds brought	forward			523,053	523,053	456,008
Total funds carried	forward		17	563,760	563,760	523,053

Balance She	et	as	at 30April 2023
					2023	2022
				Note
Fixed assets
Intangible assets				10	65,379	67,627
Tangible assets				11	223,792	209,357
					289,171	276,984
Current assets
Debtors				12	60,903	42,776
Cash at bank and	in hand				356,631	351,542
					417,534	394,318
Creditors: Amounts		falling due within one year		13	(55,422)	(51,756)
Net current assets					362,112	342,562
Total assets less	current		liabilities		651,283	619,546
Creditors: Amounts		falling due after more than one year		14	(87,523)	(96,493)
Net assets					563,760	523,053
Funds ofthe Charity:
Unrestricted income		funds
Unrestricted funds					563,760	523,053
Total funds				17	563,760	523,053

3 Income from charitable	3 Income from charitable	activities
			Unrestricted
				Total	Total
			General	2023	2022
Administration service income			475,906	475,906	470,115
Funds received as agent
				2023	2022
Amounts	held at start of period			9,516,546	7,664,177
Amounts	received			52,147,126	44,010,900
Amounts	paid out to charities			(51,192,462)	(42,158,531)
Amounts	held at end of period			10,471,210	9,516,546
4 Investment income
			Unrestricted
			funds	Total	Total
			General	2023	2022
Other income from fixed asset investments			21,215	21,215	2,697

			Unrestricted
			funds	Total	Total
			General	2023	2022
Wages and	salaries		335,268	335,268	299,889
Systems development		and support	25,667	25,667	22,540
Depreciation			21,322	21,322	20,892
Marketing			2,225	2,225
Governance	costs		17,157	17,157	9,618
Other costs			54,865	54,865	52,828
			456,504	456,504	405,767

7 Staff costs The aggregate payroll costs were as follows:
	2023	2022
Staff costs during the year were:
Wages and salaries	298,338	268,290
Social security costs	22,149	18,333
Pension costs	14,781	13,266
	335,268	299,889

The monthly average number of persons Charity during the year was as follows:	(including senior management team) employ	ed by the
	2023	2022
	No	No
Employees	12	12

The num	b	er of employees whose emoluments fel	l within the following bands was:
			2023	2022
			No	No
F60,001	-	870,000	1

2023	2022
9,840	8,600

10 Intangible fixed assets
	Other	Website and
	intangible	bespoke
	asset	software	Total
Cost
At 1 May 2022	50,000	230,919	280,919
Additions		7,585	7,585
At 30 April 2023	50,000	238,504	288,504
Amortisation
At 1 May 2022	43,351	169,941	213,292
Charge for the year	3,336	6,497	9,833
At 30 April 2023	46,687	176,438	223,125
Net book value
At 30 April 2023	3,313	62,066	65,379
At 30 April 2022	6,649	60,978	67,627

11Tangible fi	xed ass	ets
			Land and	Furniture and
			buildings	equipment	Total
Cost
At 1 May 2022			297,971	112,442	410,413
Additions				25,924	25,924
At 30 April 2023			297,971	138,366	436,337
Depreciation
At 1 May 2022			96,907	104,149	201,056
Charge for the	year		5,580	5,909	11,489
At 30 April 2023			102,487	110,058	212,545
Net book value
At 30 April 2023			195,484	28,308	223,792
At 30 April 2022			201,064	8,293	209,357
12 Debtors
				2023	2022
Trade debtors				34,930	31,454
Prepayments				12,494	9,692
Accrued income				13,479	1,630
				60,903	42,776
13Creditors:	amounts	falling due within one year
				2023	2022
Bank loans				9,327	8,711
Trade creditors				8,473	6,283
Other taxation	and social security			5,959	5,297
Other creditors				1,256
Accruals and deferred		income		30,407	31,465
				55,422	51,756

14Creditors: amounts falling due after	one yea	r
		2023	2022
Bank loans		87,523	96,493
Included in the creditors are the following	amounts	due after more than five years:
		2023	2022
After more than five years by instalments		46,263	57,054

16Commitments Annual charges for operating leases which expire:
	2023	2022
Not later than one year	5,234	6,153
Later than one year and not later than five years	1,080	7,018
	6,314	13,171