| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 10 | ||
| Notes to the Financial Statements | 11 | to | 20 |
| Detailed Statement ofFinancial Activities | 21 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
110,386 | 70,072 | 180,458 | 339,432 | ||
| Other income | 5,316 | 5,316 | ||||
| Total | 110,386 | 75,388 | 185,774 | 339,432 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 3,500 | 3,500 | ||||
| Charitable activities |
||||||
| Charitable Activities |
50,214 | 48,487 | 98,701 | 94,616 | ||
| Total | 53,714 | 48,487 | 102,201 | 94,616 | ||
| NET INCOME | 56,672 | 26,901 | 83,573 | 244,816 | ||
| Transfers between funds | 10 | 36,322 | (36,322) | |||
| Net movement in funds |
92,994 | (9,421) | 83,573 | 244,816 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 213,953 | 55,266 | 269,219 | 24,403 | ||
| TOTAL FUNDS CARRIED FORWARD | 306,947 | 45,845 | 352,792 | 269,219 |
| 31DEC | EMBER 2021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 15,840 | 36,269 | 52,109 | 18,963 | |
| CURRENT ASSETS | |||||
| Debtors | 1,551 | 900 | 2,451 | ||
| Cash at bank | 295,498 | 22,009 | 317,507 | 295,601 | |
| 297,049 | 22,909 | 319,958 | 295,601 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(5,942) | (13,333) | (19,275) | (45,345) | |
| NET CURRENT ASSETS | 291,107 | 9,576 | 300,683 | 250,256 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 306,947 | 45,845 | 352,792 | 269,219 | |
| NET ASSETS | 306,947 | 45,845 | 352,792 | 269,219 | |
| FUNDS | |||||
| Unrestricted funds |
306,947 | 213,953 | |||
| Restricted funds |
45,845 | 55,266 | |||
| TOTAL FUNDS | 352,792 | 269,219 |
| 2. | DONATIO | NS AND |
LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Donations | 91,396 | 195,469 | |||||
| Gift aid | 18,490 | ||||||
| Grants | 70,572 | 143,963 | |||||
| 180,458 | 339,432 | ||||||
| Grants received, included in the above, are as follows: | |||||||
| 2021 | 2020 | ||||||
| Cornwall | Community | Fund —Multi year award | 20,000 | 22,167 | |||
| Community Fund |
7,675 | ||||||
| JSWilliams | 5,000 | 2,500 | |||||
| Jen Loved | 9,331 | ||||||
| Feeding Britain | 29,404 | ||||||
| Camborne | Town Council | 5,000 | |||||
| Cornwall | Council | 3,650 | 550 | ||||
| Portreath | Port Association | 10,000 | |||||
| Fare Share | 1,211 | ||||||
| Hoare Trust - Elm Trust | 50,000 | ||||||
| Livewest | Homes Ltd | 1,000 | 2,000 | ||||
| Head Forward | 2,125 | ||||||
| Ocean Housing Ltd | 2,000 | ||||||
| Acts 435 | 5,110 | ||||||
| Aldi | 400 | ||||||
| Cornwall | Community | Foundation | -Other grants | 500 | |||
| Other grants | 34,912 | ||||||
| 70,572 | 143,963 | ||||||
| 3. | SUPPORT COSTS | ||||||
| Governance | |||||||
| Management f |
costs | Totals | |||||
| Charitable | Activities | 24,431 | 1,559 | 25,990 |
| NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31DECEMBER 2021 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31DECEMBER 2021 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31DECEMBER 2021 |
|||
|---|---|---|---|---|---|
| 5. | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
195,469 | 143,963 | 339,432 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable Activities |
5,919 | 88,697 | 94,616 | ||
| NET INCOME | 189,550 | 55,266 | 244,816 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 24,403 | 24,403 | |||
| TOTAL FUNDS CARRIED FORWARD | 213,953 | 55,266 | 269,219 | ||
| 6. | TANGIBLE FIXEDASSETS | ||||
| Fixtures | |||||
| Short | Plant and | and | |||
| leasehold | machinery | fittings | |||
| COST | |||||
| At 1 January 2021 | 31,146 | ||||
| Additions | 3,412 | 3,889 | |||
| At 31December 2021 | 3,412 | 31,146 | 3,889 | ||
| DEPRECIATION | |||||
| At 1 January 2021 | 12,183 | ||||
| Charge for year | 3,115 | 389 | |||
| At 31December 2021 | 341 | 15,298 | 389 | ||
| NET BOOK VALUE | |||||
| At 31December 2021 | 3,071 | 15,848 | 3,500 | ||
| At 31December 2020 | 18,963 |
FOR THE YEAR ENDED 31DECEM |
BER 2021 |
|||
|---|---|---|---|---|
| 6. | TANGIBLE FIXEDASSETS - continued | |||
| Motor | Computer | |||
| vehicles | equipment | Totals | ||
| COST | ||||
| At 1January 2021 | 31,146 | |||
| Additions | 29,622 | 3,366 | 40,289 | |
| At 31December 2021 | 29,622 | 3,366 | 71,435 | |
| DEPRECIATION | ||||
| At 1 January 2021 | 12,183 | |||
| Charge for year | 2,962 | 337 | 7,144 | |
| At 31December 2021 | 2,962 | 337 | 19,327 | |
| NET BOOK VALUE | ||||
| At 31December 2021 | 26,660 | 3,029 | 52,108 | |
| At 31December 2020 | 18,963 | |||
| 7. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Accrued income | 2,150 | |||
| Prepayments | 301 | |||
| 2,451 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Other creditors | 19,275 | 45,345 |
| MOVEMENT IN FU | NDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/1/21 | in funds | funds f |
31/12/21 | ||
| Unrestricted funds |
|||||
| General fund | 201,898 | 59,701 | 29,508 | 291,107 | |
| Fixed Asset Reserve - | Unrestricted | 12,055 | (3,029) | 6,814 | 15,840 |
| 213,953 | 56,672 | 36,322 | 306,947 | ||
| Restricted funds | |||||
| Fixed Asset Reserve - | Restricted | 6,908 | (4,115) | 33,476 | 36,269 |
| Cornwall Community |
Foundation - Multi | ||||
| year award | (2,878) | 2,878 | |||
| Mark Benevolent Fund | 29,512 | (29,512) | |||
| Cornwall Community |
Foundation - Crisis | ||||
| funding | 655 | 655 | |||
| WRAP Covid | 3,797 | (3,797) | |||
| Jen Loved Crisis Fund | 8,991 | (70) | 8,921 | ||
| Hoare Trustees Elm Trust | 39,367 | (39,367) | |||
| 55,266 | 26,901 | (36,322) | 45,845 | ||
| TOTALFUNDS | 269,219 | 83,573 | 352,792 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 110,387 | (50,686) | 59,701 | ||
| Fixed Asset Reserve - | Unrestricted | (1) | (3,028) | (3,029) | |
| 110,386 | (53,714) | 56,672 | |||
| Restricted funds | |||||
| Fixed Asset Reserve - | Restricted | (4,115) | (4,115) | ||
| Cornwall Community |
Foundation | - Multi | |||
| year award | 20,000 | (22,878) | (2,878) | ||
| JSWilliams | 5,000 | (5,000) | |||
| Mark Benevolent Fund | 29,512 | 29,512 | |||
| Act 435 | 5,510 | (5,510) | |||
| Cornwall Council |
3,650 | (3,650) | |||
| Aldi - via Neighbourly | 400 | (400) | |||
| Cornwall Community |
Foundation | - Crisis | |||
| funding | 2,000 | (1,345) | 655 | ||
| Treverbyn Community |
5,316 | (5,316) | |||
| WRAP Covid Jen Loved Crisis Fund |
4,000 | (203) ~70) |
3,797 (70) |
||
| 75,388 | (48,487) | 26,901 | |||
| TOTAL FUNDS | )85,774 | (102,201) | 83,573 |
| Comparative | s for moveme |
nt in funds |
||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At I/1/20 | in funds | funds | 31/12/20 | |||
| Unrestricted | funds | |||||
| General fund | 15,991 | 191,897 | (5,990) | 201,898 | ||
| Fixed Asset | Reserve - Unrestricted | 8,412 | (2,347) | 5,990 | 12,055 | |
| 24,403 | 189,550 | 213,953 | ||||
| Restricted funds | ||||||
| Fixed Asset | Reserve - Restricted | (767) | 7,675 | 6,908 | ||
| Grants | 7,675 | (7,675) | ||||
| Jen Loved Crisis Fund | 8,991 | 8,991 | ||||
| Hoare Trustees Elm Trust | 39,367 | 39,367 | ||||
| 55,266 | 55,266 | |||||
| TOTAL FUNDS | 24,403 | 244,816 | 269,219 | |||
| Comparative | net movement | in funds, included in the above are as follows: |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended f |
in funds | ||
| Unrestricted | funds | |||
| General fund | 195,469 | (3,572) | 191,897 | |
| Fixed Asset | Reserve - Unrestricted | (2,347) | (2,347) | |
| 195,469 | (5,919) | 189,550 | ||
| Restricted funds | ||||
| Fixed Asset | Reserve - Restricted | (767) | (767) | |
| Grants | 84,632 | (76,957) | 7,675 | |
| Jen Loved Crisis Fund | 9,331 | (340) | 8,991 | |
| Hoare Trustees Elm Trust | 50,000 | (10,633) | 39,367 | |
| 143,963 | ~88,697) | 55,266 | ||
| TOTAL FUNDS | 339,432 | (94,616) | 244,816 |
| A current year 12mont | hs and prio |
r year 12mo | nths combined po | sition is as follow | s: | |
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1/1/20 | in funds | funds | 31/12/21 | |||
| Unrestricted funds |
||||||
| General fund | 15,991 | 251,598 | 23,518 | 291,107 | ||
| Fixed Asset Reserve - | Unrestricted | 8,412 | (5,376) | 12,804 | 15,840 | |
| 24,403 | 246,222 | 36,322 | 306,947 | |||
| Restricted funds | ||||||
| Fixed Asset Reserve - | Restricted | (4,882) | 41,151 | 36,269 | ||
| Grants | 7,675 | (7,675) | ||||
| Cornwall Community |
Foundation | - Multi | ||||
| year award | (2,878) | 2,878 | ||||
| Mark Benevolent Fund | 29,512 | (29,512) | ||||
| Cornwall Community |
Foundation | -Crisis | ||||
| funding | 655 | 655 | ||||
| WRAP Covid | 3,797 | (3,797) | ||||
| Jen Loved Crisis Fund | 8,921 | 8,921 | ||||
| Hoare Trustees Elm Trust | 39,367 | (39,367) | ||||
| 82,167 | (36,322) | 45,845 | ||||
| TOTAL FUNDS | 24.403 | 328,389 | 332,792 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 305,856 | (54,258) | 251,598 | |||
| Fixed Asset Reserve - | Unrestricted | (1) | (5,375) | (5,376) | ||
| 305,855 | (59,633) | 246,222 | ||||
| Restricted funds | ||||||
| Fixed Asset Reserve - | Restricted | (4,882) | (4,882) | |||
| Grants | 84,632 | (76,957) | 7,675 | |||
| Cornwall Community |
Foundation | - Multi year award | 20,000 | (22,878) | (2,878) | |
| JSWilliams | 5,000 | (5,000) | ||||
| Mark Benevolent | Fund | 29,512 | 29,512 | |||
| Act 435 | 5,510 | (5,510) | ||||
| Cornwall Council |
3,650 | (3,650) | ||||
| Aldi - via Neighbourly | 400 | (400) | ||||
| Cornwall Community |
Foundation | - Crisis funding | ||||
| 2,000 | (1,345) | 655 | ||||
| Treverbyn Community |
5,316 | (5,316) | ||||
| WRAP Covid | 4,000 | (203) | 3,797 | |||
| Jen Loved Crisis | Fund | 9,331 | (410) | 8,921 | ||
| Hoare Trustees Etm Trust | 50,000 | (10,633) | 39,367 | |||
| 219,351 | (137,184) | 82,167 | ||||
| TOTAL FUNDS | 525,206 | (196,817) | 328,389 |
| FOR THE YEAR ENDED 3 | 1DECEMBER 2021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and | legacies | ||||
| Donations | 91,396 | 195,469 | |||
| Gift aid | 18,490 | ||||
| Grants | 70,572 | 143,963 | |||
| 180,458 | 339,432 | ||||
| Other income | |||||
| Other income | 5,316 | ||||
| Total incoming | resources | 185,774 | 339,432 | ||
| EKPENDITURE | |||||
| Raising donations | and legacies | ||||
| Wages | 3,500 | ||||
| Charitable activities |
|||||
| Wages Operating expenses Motor expenses |
45,756 2,098 |
26,591 61,339 |
|||
| Gifts and donations | 2,600 | ||||
| Depreciation of | tangible fixed assets | 7,143 | 3,114 | ||
| Service costs | 10,283 | ||||
| Crisis grants | 4,831 | ||||
| 72,711 | 91,044 | ||||
| Support costs | |||||
| Management Insurance |
522 | ||||
| Light and heat Telephone Postage and stationery Sundries |
1,904 1,886 414 30 |
||||
| ITcosts | 131 | ||||
| Establishment | costs | 19,544 | 696 | ||
| Administrative | costs | 2,876 | |||
| 24,431 | 3,572 | ||||
| Governance | costs | ||||
| Accountancy Legal fees |
1,440 119 |
||||
| 1,559 | |||||
| Total resources | expended | 102,201 | 94,616 | ||
| Net income | 83,573 | 244,816 |