2022-09-30-accounts - The Charles Causley Trust

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	The	Charles		Causle Trust
		tfl		I vie
	f rtheY	rEnd	d	e tern	r20 2
						30.9.22	30.9.21
				Unrestricted funds	Restricted funds	Total funds	Total funds as restated
		Notes		f	2		2
INCOME AND ENDOWMENTS Donasons and legacies	FROM	2		$,147	124/26	133,573	113,589
Charitable activities Charitable activities				1,776		1,770	425
Other trading activiTies		3		10,942		~10042	6,8T8
Total				~21 065	124,426	146291	120,692
EXPENDITURE ON Raising funds					8,484	8,484	5,234
Charitable activities Charfiable activities				~1778)	151707	1490$2	TS462
Total				~1,775)	~160 251	~150 476	83,696
NET INCOMEI(EXPENDITURE) Transfers between funds		15		23,640 (21,562)	(35,025) 21,562	(12,105)	37,196
Other recognised galnsi(losses) Gains on revaluation offixed assets				I 10000		10000	~10000
Net movement in funds				12,078	(14,263)	(2,185)	47,196
RFCONCILIATION OF FUNDS Total funds brought forward As previously reported Prior year adjustment		9		194,754 10,000	98,535 -	2$3,289226,701 ~10000 29,392
As restated				204,T54	$8,535	303,289	256,093
TOTAL FUNDS CARRIED FORWARD				~l 216832	1 84272	301,104	303,289

		The C	harle	s Causle Trust	s Causle Trust
		Stat		Financial Position
		30th		mber 2022
						30.9.22	30.9.21
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
							as restated
		Notes		8			6
FIXEDASSETS
Tangible assets			11	200,632	3,057	203,689	190,790
CURRENT ASSETS
Stocks			12	3,241		3,241	643
Debtors: amounts	falling due within	one year	13		46,418	46,418	105,836
Cash at bank				14,328	42,984	~57292	15,040
				17,569	89,382	106,951	121,519
CREDITORS
Amounts falling due within one year			14	(1,369)	(8,167)	(9,538)	(9,020)
NET CURRENT ASSETS				16,200	~81215	97,415	112,499
TOTAL ASSETS	LESSCURRENT
LIABILITIES				216,832	84,272	301,104	303,269
NETASSETS				~216 832	84,272	301,104	303,289
FUNDS			15
Unrestricted funds						216,832	204,754
Restricted funds						~84272	~98535
TOTAL FUNDS						301,104	303,289

committed to	termin	ate the employment ofsn employe	e or to provide termination benefi	ts.
DONATIONS	AND	LEGACIES
			30.9.22	30.9.21
				as restated
			E
Donations			1,478	2,533
Membership	fees		775	1,597
Grants			~131320	~109459
			~133573	113,589

	Grants recei	ved, incl	uded	in the above, are	as follows:
							30.0.22	30.9.21
							6	as restated f
	Comwall Council						24,897	5,397
	Arts Council	England					89,523	100,053
	Other grants						2,000	509
	Festival							3,500
	New Art Collections		Fund				14,900
							131,320	109,459
3.	OTHER TRADING ACTIVITIES
							30.9.22	30.9.21
								as restated
							E
	Fundraising	events					8,623	5,231
	Rents received						~2310	~1647
							10,942	6,678
4.	SUPPORT COSTS
						Support	Governance
						costs 6	costs f	Totals 0
	Charitable activities					5,399	~16107	~21 506
5.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated after charging/{crediting):
							30.9.22	30.9.21
								as restated
							6
	Depreciation	- owned assets					823	199
	Copyright amortisation							107
	Independent	examiners fee for independent			examination		1,368	1,272
	Independent	examiners fee for other services					~1203

STAFF COBTS
							30.9.22	30.9.21
							f	as restated
Wages and salaries Other pension costs							1,635	39,327 1,917
							~1635	~41 244
The average monthly	number of	employees			during the year	was as follows:
							30.9.22	30.9.21
								as restated
								3
No employees received emoluments			in	excess of660,000.
COMPARATIVES FOR THE STATEMENT					OF FINANCIAL	ACTIVITKS
						Unrestricted	Restricted	Total
						funds	funds	funds
								as restated
							6
INCOME AND ENDOWMENTS		FROM
Donations snd legacies						3,129	110,460	113,589
Charitable soEvltles
Charitable activities						425		425
Other trading activities						6,878		6,878
Total						~10432	110,460	120,892
EXPENDITURE ON
Raising funds						1,684	3,550	5,234
Charitable activities
Charitable activities						11,908	66,554	78,462
Total						13,592	70,104	83,696
NET INCOME/(EXPENDITURE)						(3,160)	40,356	37,196
Other recognised gainsi(losses)
Gains on revaluation	offixed assets					10,000		10,000
				P	age 12			continued. ..

No he Finan Statemen - ued forth Year Ended 0th Se tember2022	No he Finan Statemen - ued forth Year Ended 0th Se tember2022	No he Finan Statemen - ued forth Year Ended 0th Se tember2022
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
	Unrestricted	Restricted	Total
	funds	funds	funds
			as restated
			5
Net movement in funds	6,840	40,356	47,196
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported	168,522	58,179	226,701
Prior year adjustment	29,392		29,392
As restated	197,914	58,179	256,093
TOTAL FUNDS CARRIED FORWARD	204,754	98,535	303,289
PRIOR YEAR ADJUSTMENT

TANGIBLE FIXEDASSETS
				Personal
	Freehold		Plant and	effects
	property 6		machinery f	«tcost 6	Totals 6
COST OR VALUATION
At 1stOctober 2021	105,000		1,840	5,000	101,040
Additions			3722		3,722
Revaluations	~10000				~10000
At 30th September 2022	195,000		5,562	5,000	~205562
DEPRECIATION
At 1st October 2021			1,050		1,050
Charge for year			023		823
At 30th September 2022			~1873	-	~1073
NET BOOKVALUE At 30th September 2022	~105 000		3,689	~5000	203,689
At 30th September 2021	185,000		790	5,000	190,790
Cost or valuation at 30th September 2022 is represented		by:
				Personal
	Fmshold		Plant and	effects
	property 6		machinery 6	stcost 6	Totals 6
Valuation in 2020	20,302				20,302
Valuation in 2021	10,000				10,000
Valuation in 2022	10,000				10,000
Cost	145,608		5,562	5,000	156,170
	~195 000		~5502	~5000	~205 S02

12.	STOCKS
							30.9,22	30.9.21
							f	as restated f
	Stocks						3,241	643
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
							30.9.22	30.9.21
							f	as restated F
	Other debtors						46,251	105,073
	Prepayments						167	763
							~46418	105,836
14.	CREDITORS:	AMOUNTS	FALLING DUE WITHIN ONE YEAR
							30.9.22	30.9.21
							f	as restated f
	Trade creditors						9,536	9,020
15.	MOVEMENT	IN FUNDS
				Prior		Net	Transfers
			At	year	movement		between	At
			1.10.21 f	adjustment f	in	funds f	funds f	30.9.22 f
	Unrestricted	funds
	General fund		194,754	10,000	33,640		(21,582)	216,832
	Restricted funds
	Art Fund 2021-22					1,686		1,686
	Culture Recovery Fund		92,130		(69,581)			22,549
	Community Renewal
	Fund 2022					579		579
	Ignite 2020-22		6,405		(27,967)		21,562
	Lighting the Sun 22-23				~59458			~50458
			98,535		+35,825)		21,562	84,272
	TOTALFUNDS		293,289	10,000	~2,185)		-	~301 104

Net mov	ement in fun	ds, included in the	above are as follo	ws:
			Incoming	Resources	Gains and	Movement
			resources f	expended 5	losses f	in funds f
Unrestricted funds
General	fund		21,865	1,775	10,000	33,640
Restricted funds
Art Fund	2021-22		14,900	(13,214)		1,686
Culture	Recovery Fund			(69,581)		(69,581)
Community Renewal		Fund 2022	20,000	(19,421)		579
Ignite 2020-22				(27,967)		(27,967)
Lighting	the Sun 22-23		~89 523	~30065)		~59458
			124,423	~160,248)		$35,825)
TOTAL	FUNDS		~146288	~158473)	~10000	~2,185)

Comparative	s for movement in f	unds
			Prior	Nel
		At	year	movement	At
		1.10,20	adjustment	in funds	30.9.21
			5	E
Unrestricted	funds
General fund Designated Fund		167,393 1,129	29,392	7,969 ~1,129)	204,754
		168,522	29,392	6,840	204,754
Restricted	funds
Culture Recovery Fund				92,130	92,130
Ignite 2020-22		58,179		~51,774)	6,405
		58,179		~40 356	~98535
TOTAL FUNDS		226 701	29,392	47,196	303,289

			The Charles Causle Trust
			led Statement of Fin nclal	Ivi
			r he Year Ended 30th Se tember	2022
					30.9.22	30.9.21
						as restated
					f	5
INCOME AND ENDOWMENTS
Donations and legacies
Donations					1,478	2,533
Membership fees					775	1,597
Grants					~131320	109,459
					133,573	113,589
Other trading activities
Fundraising events Rents received					8,623 ~2319	5,231 1,647
					10,942	6,878
Charitable activities
Merchandise sales					1,778	425
Total incoming resources					146,291	120,892
EXPENDITURE
Raising donations	and legacies
Raising funds					8,484	5,234
Charitable activities
Wages					1,635	39,327
Pensions						1,917
Opening stock					643	1,565
Purchases					178	105
Closing stock					(3,241)	(643)
Travel and subsistence					528	110
Poetry prizes					3,084	2,986
Artist in residence	costs				3,000	2,550
Cyprus Well maintenance		costs			7,933	5,742
Bank charges					152
Events					2,951	1,597
Subscriptions					1713	6
Freelance work					109910
					128,486	55,262
Support costs
Support costs
Rates and water					1,176	873
Insurance					1,969	1,710
Telephone					691	684
Postage and stationery					257	730
Cardied forward					4,093	3,997