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2021-12-31-accounts

Annual Report

Annual Report

Transformation Cornwall Annual Report 2021

  1. Transformation Cornwall is

  2. Transformation Cornwall Trustees

  3. Staff Team and Base 4. Our 2021 work within our three core work streams Meet the Funders 1:1 Collaboration - Themes

  4. Impact 7. Our Strategic Work & priorities for 2022 8. Thank You to our Supporters

Transformation Cornwall is:

A Joint Venture between the Diocese of Truro, the Methodist Church in Cornwall, Churches Together in Cornwall (CTC) and Church Urban Fund (CUF). Our priority is to strengthen and provide capacity building support to faith groups developing social action and outreach in Cornwall, with a particular focus on anti-poverty work.

Our Vision is to see faith in action at the heart of flourishing communities in Cornwall. Our Mission is to strengthen faith based social action in Cornwall.

We work in three main ways:

Founded in 2010, Transformation Cornwall is a Registered Charity (No: 1138706) and a Company Limited by Guarantee (No: 07329249).

Transformation Cornwall Trustees:

We are strengthened by an engaged board of Trustees, who are committed to Transformation Cornwall and the work we carry out. There have been some changes this year. The Trustees were/are:

In addition the Board is served by

Staff Team and Base

The Transformation Cornwall staff team consists of:

Annual Report

Our 2021 work within our three core work streams

Meet the Funders

Meet the Funders (MtF) is an innovative year-long programme which strengthens community work in Cornwall. Delivered in partnership with the Diocese of Truro, MtF supports projects that address poverty, exclusion, isolation, and rurality. Open to people and projects of all faiths and none, the programme provides conferences and workshops which give networking opportunities, advice and support.

The programme begins with a large annual spring event with invited local and national funders, and follows with a series of six smaller community workshops. These workshops take participants through the key stages of developing, funding, and sustaining a community social action project. Throughout the programme, we collaborate with with the team live streaming from St Petroc Church in Bodmin. former MtF recipients to share their experiences of inspirational transformation, their project development path, and to help us share and celebrate best practise. We've been running MtF in various formats for the past 9 years, and it has a solid reputation among participants and funders alike. We remain delighted by our evaluations, attendances, and support from all involved.

The Spring Event 2021 was held online due to the coronavirus pandemic, with the team live streaming from St Petroc Church in Bodmin.

” I’m glad to have been involved with the workshops in the last year and have learnt a lot, so feel confident I can deliver those aspects, and having you as my ‘go to’ for any queries, is a huge relief. ) …” (MtF 2021 workshop events delegate)

“Just got the MtF Toolbox in the post and wanted to say well done - what a superbly produced pack and full of the relevant Information …” (MtF 2021 Spring event participant)

Annual Report

One-to-one support to Cornish faith groups to strengthen their social action

Offering bespoke support and guidance to develop and strengthen social action projects in local communities. This assistance might range from clarifying a project's vision to developing and sustaining a project team, identifying possible funders, designing community consultation events, and organisational governance. These requests for assistance come from a diverse range of organisations, many of which work with extremely vulnerable people and many of which are vulnerable themselves.

We have continued work with projects including: SkillSHARE (funding, project design & launch); Hidden Help (governance & funding) & Inspiring Women Network (project development & funding) as well as social media and Worry about Money leaflet training.

Supporting Challenge Poverty Week 2021 with groups that Transformation Cornwall has worked with this year.

Strengthening links between faith and mainstream organisations

Our strengthening links work is primarily focused around six main themes in which we are actively engaged: food poverty, mental health, modern slavery, homelessness, financial inclusion, and climate emergency. By utilising our 'Tools for Change' Toolkits, we are also able to respond to major concerns concerning equality and social justice. We are continuing to link faith and mainstream communities around our core themes – particularly food poverty, climate crisis, modern slavery, equality and diversity and mental health.

“I was chatting to Newquay who really valued the support you gave them around their social media so it would be good to connect and see how we can promote what you are doing to the other food banks.” Emma Greenwood from the Trussel Trust on 1:1 work

‘ ’On one of the first sessions my colleague and I attended, you changed our focus from a building project to a social action project, which we took on board and never looked back. ‘’ (MtF 2021 Spring event attendee)

Themes

1. Climate Emergency

This year we partnered with Churches Together in Cornwall, Truro Diocese and Green Church to develop a Creation Justice Toolkit. The video and resources were developed with interviews conducted by young people interviewing faith leaders. The toolkit was accesses 130 times within the first two months of release and was also circulated by various partners.

Annual Report

  1. Faith & Mental Health Transformation Cornwall is part of a mental health network, which brings together third sector, educational and statutory groups working on mental health in Cornwall. Regular meetings conducted through the network including looking at young people & mental health; grief; community resilience and mental health.

  2. Modern Slavery We are part of the Cornwall Modern Slavery Network, and launched the ‘Who to Call’ posters. The Anti-slavery 2021 toolkit was updated.

  3. Financial Inclusion We have also partnered with Cornwall Independent Poverty Forum & Volunteer Cornwall to develop a school uniform toolkit. The toolkit has been developed in response to the growing issue of school uniform poverty and reducing the environmental waste related to uniforms.

  4. Food Poverty During 2021 we continued with our foodbank support that started during the pandemic.

Within our strengthening links workstream under our ‘Food Poverty’ theme, we continued to build on our existing relationships with the major Cornish Foodbanks (all of which are Church based) to provide infrastructure support to the 19 Cornish Foodbanks.

Transformation Cornwall continued to co-chair a fortnightly Foodbank Discussion Group with Cornwall Council. We worked with national partners at the Trussell Trust and the Independent Food Aid Network (IFAN) to share best practice.

We continued with the online ‘Weekly Cornish Foodbank Update’, which brought direct information from each of the Foodbanks into one place to produce easily accessible information to show that the Cornish Foodbanks remained open and crucially needed support. The update provided information on ways of operating, how to access a Foodbank, how to support local foodbanks with donations, and so on to help:

The Telephone Signposting Information List was updated and received positively

Annual Report

throughout the county. We printed hardcopies to be distributed to Foodbank Volunteers for easy signposting and support in their local communities.

We have developed two grant lists, one is for the organisations to support their services and social action and the second grant list is for individuals in need of financial support. The two grant lists are kept up to date on monthly basis and is available in the weekly foodbank emails also resides on website as resource. This has been widely accessed by foodbanks as well as other groups, with 1381 downloads in 2021.

Importantly, the URLs of our weekly updates of our Cornish Foodbank list, & the grant lists as well as the Telephone Signposting Information List remained static and as a result were embedded into the websites, newsletters, & extensive communication channels of key partners including throughout Cornwall Council services and national organisations such as IFAN & Feeding Britain.

I think the Telephone sign posting leaflets and posters are great. The lists are easy to read in an accessible format when on the phone or talking to a client. They contain information which those who are communicating with the clients need often. – Foodbank Manager CTIPA

Bude Foodbank

The telephone signposting leaflets, and poster looks amazing so thanks for the kind offer of having some printed copies – Foodbank in Callington

Transformation Cornwall Impact 2021

Annual Report

Our 2021 Strategic Work & Priorities for 2022

Throughout 2021 Transformation Cornwall continued our strategic work, during 2021 we:

Our 2022 priorities are:

Thank you to our Supporters

We want to express our thanks to all our supporters – the volunteers, partners, staff and funders who share our mission and enables us to continue to carry out this important work. We really couldn’t do this without you.

Thank you One & All.

Signed: Hugh Nelson, Chair

On behalf of Transformation Cornwall Trustees

Transformation Cornwall

Statement of Financial Activities

For the year ended 31[st] December 2021

Statement of Financial Activities
For the year ended 31st December 2021
Notes
Income
Donations
Interest
Income from Charitable Activities:
Grants and Contracts
Total
Expenditure on:
Charitable Activities
2
Total
Net income/(expenditure)
Total Funds at 1stJanuary 2021
Total funds carried forward		 Unrestricted
Funds
£
1,020
3
53,523
54,546
54,276
54,276
270
29,981
30,251		 Restricted
Funds
£
-
-
706
706
1,206
1,206
(500)
500
-		 2021
2020
£
£
1,020
11
3
32
54,229
31,146
55,252
31,189
55,482
47,922
55,482
47,922
(230) (16,733)
30,481
47,214
30,251
30,481



Transformation Cornwall

Company Number: 07329249

Balance Sheet as at 31[st] December 2021

Notes
Fixed Assets
3
Current Assets
Cash at Bank
Current Liabilities
Creditors: amounts falling due within 12 months
4
Net Current Assets

Net Assets
Funds employed
5 & 6
Unrestricted Funds
General Funds
Restricted Funds		 2021
£
649
32,401
(2,799)
29,602
30,251
30,251
-
30,251		 2020
£
811
39,461
(9,791)
29,670

30,481

29,981
500
30,481

For the year ended 31[st] December 2021

The company was entitled to the exemption from audit under section 477 of the Companies Act 2006 The members have not requested the company to obtain an audit in accordance with section 476 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibility for complying with the requirements of the act with respect to accounting records and for the preparation of the accounts.

The financial statements were approved and authorised for issue by the trustees on

Dated:-

And signed on their behalf by :

Rt Revd Hugh Nelson

On behalf of the Trustees …………………………..

Dated: …………………………..

Transformation Cornwall

Notes to the accounts for the year ended 31[st] December 2021

1 Principal Accounting Policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

(a) Basis of Preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities:

Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 2[nd] edition the Charities Act 2011 and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

(b) Fund Accounting

(i) Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

(ii) Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.

(iii) Restricted Funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

(c) Income

Income is included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

(i) Income received by way of grants, donations and gifts is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

(ii) Donated services and facilities are included at the value to the charity where this can be quantified.

(iii) The values of services provided by volunteers has not been included in these accounts.

(iv) Investment income is included when receivable.

(v) Income from charitable trading activity are accounted for when earned.

(vi) Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

(d) Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered.

(i) Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

(ii) 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.

(iii) All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

(e) Fixed Assets

Fixed assets are written off over the expected useful life of the asset on the straight line basis at 25% per annum.

Transformation Cornwall

Notes to the accounts for the year ended 31[st] December 2021 (cont)

2 Expenditure on Charitable Activities

2022 2021
£ £
Bank charges 124 74
Grants 500 -
Computer and Internet Expenses 1,796 1,868
Depreciation Expense
162 202
Dues and Subscriptions 1,227 167
Insurance Expense 560 690
Meals and Entertainment 78 593
Miscellaneous Expense 111 -
Office Expense: Print Post stationery and photocopying 1,236 334
Payroll Expenses note 7
47,543		 41,289
Professional Fees: Accounts, Book-keeping & Payroll 669 2,038
Professional Fees: Legal Fees 83 -
Room Hire 644 -
Travel 399 467
Training 50 -
Independent Examination Fees 300 200
55,482 47,922

3 Tangible Assets

Fittings
Cost:
Balance brought forward and carried forward
Depreciation:
Balance brought forward
Charge for the Year
Net book value at 31stDecember 2021
Net book value at 31stDecember 2020
4 Creditors
Sundry Creditors
Methodist District 2021		 & Equipment
£
4,105
3,294
162
3,456
649
811
2021
£
2,799
-
2,799		 2020
£
4,791
5,000
9,791

Transformation Cornwall

Notes to the accounts for the year ended 31[st] December 2021 (cont)

5 Movements in funds
At 31stDecember 2021:
Balance
brought fwd
Unrestricted Funds
General Fund
29,981
Restricted Funds
Diocese of Truro
-
Camelford Childrens Fund
500
Big Lottery Awards for All
-
Cornwall Community Foundation -
500
Total
30,481
Comparative figures for 2020
Balance
brought fwd
Unrestricted Funds
General Fund
46,714
Restricted Funds
Diocese of Truro
-
Camelford Childrens Fund
500
Cornwall Community Foundation -
Big Lottery Awards for All
____-
500
Total
47,214		 Income
54,546
706
-
-
-
706
55,252
Income
18,793
1,500
-
925
9,971
12,396
**31,189 **		 Expenditure
(54,276)
(706)
(500)
-
-
(1,206)
(55,482)
Expenditure
(35,526)
(1,500)
-
(925)
(9,971)
(12,396)
(47,922)		 Balance
Transfers
-
-
-
-
-
-
-
Balance
Transfers
-
-
-
-
-
-
-		 Balance
carried fwd
30,251
-
-
-
-
-
30,251
Balance
carried fwd
29,981
-
500
-
-
500
30,481

6 Analysis of net assets between funds

Tangible Fixed Assets
Current Assets
Current Liabilities
Net assets at 31stDecember 2021
Comparative figures for 2020
Tangible Fixed Assets
Current Assets
Current Liabilities
Net assets at 31stDecember 2020		 General
Funds
£
649
32,401
(2,799)
30,251
General
Funds
£
811
38,961
(9,791)
29,981		 Restricted
Funds
£
-
-
-
-
Restricted
Funds
£
-
500
-
500

Transformation Cornwall

Notes to the accounts for the year ended 31[st] December 2021 (cont)

7 Employee Information 2021 2020
Number of employees 3 2
Receiving emoluments of less than £60,000.
The average weekly number of employees during the year were calculated on the basis of average monthly
head count.
£ £
Salaries and wages 43,708 37,614
Social Security Cost 2,945 2,695
46,653 40,309
Pension Contribution 890 980
47,543 41,289
8 Trustees Information £ £
Trustees remuneration and expenses - -
The trustees received no remuneration.
Related Party Transaction: There were none this year.

9 Capital Commitments and contingent liabilities

There are none at 31[st] December 2021.

10 Prior year comparative Statement of Financial Activities (SOFA)

Unrestricted
Funds
£
Income
Donations
11
Interest
32
Income from Charitable Activities:
Grants and Contracts
18,750
Total
18,793
Expenditure on:
Charitable Activities
35,526
Total
35,526
Net income/(expenditure)
(16,733)
Total Funds at 1stJanuary 2020
46,714
Total funds carried forward
29,981		 Restricted
Funds
2020
£
£
-
11
-
32
12,396
31,146
12,396
31,189
12,396
47,922
12,396
47,922
- (16,733)
500
47,214
500
30,481

Independent examiner’s report to the trustees of Transformation Cornwall

I report to the trustees on my examination of the accounts of Transformation Cornwall for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Name: Anne Bone

Relevant professional qualification: AAT

Address: Trewidden Lodge, Madron, Penzance Date: 28 October 2022