REGISTERED COMPANY NUMBER: 08239130 (England and Wales}
REGISTERED CHARITY NUMBER: 1152107
Rè rt of the Trustees and
Unaudited Financial Ststsmen
for the Ygar Ended 311th Se
mber 202
for
The Char￿8 Catssle
Trust
Hodgsons
Chartered Accountants
48 Arwenack Street
Falmouth
Cornwall
TR11 3JH

The Cha
Contents ofthe Flnanclal Stat•ments
for the Year Ended 30th Se
tgmber_202.
Page
Report of the Thlstsgs
1 to 5
Independent Examlnefs Report
stalemenl of Flnanclal Actlvltles
Statèment of Flnanclal Posltlon
8 to 9
Notss to the Flnanclal Statemonts
10 to 18
Detallèd Statsment of Flnanclal Actlvltles
19 to 20

The Cha
Causl Trust
Re
ort of the Truslees
tor the Year Ended 317th Se tember 2023
The Trustees, are also directors of the charity for the purposes of the Companies Act 2006, present their
repThl with the financial statements of the charity for the year ended 30 September 2023. The Tnjstees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance wslh the Financ*al Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2015).
OBJECTIVES AND ACTWMES
Objectives and aims
The Charitys Objects, as set out in the Memorandum and Articles of Association, are specifically restricted to
the lollowiii9:_
For the publlc ben&fit'.
The adVan￿Ment, of the arts
part¢culady. but not exdusivety. literature (especially p￿ry). and most
specifically the works of Chades Causley-
- The maintenance and preseNation of Chades Causley's fomier residence. Cyprus Well12, Ridgegrov6 Hill,
Launceston, Comwalll, its contents and its environs..
PreseNalion and development of the Trusts perrnanent collections, as a living MeM￿la1 to Charles Causley
and his wort(',
The provislon of grants, bursar6es. s¢holarships and other kinds of support (financial or otherwise, induding
accommodation in Cyprus Well} for the development of established. emeTging and potential poets. writers
and other artists who can demonstrate actual or potential literary or artistic talent. and present a ci)herent and
compelling case for suth support- with the following additional emphases:
- PartiCUla￿y. bul not 8xcIusiv8ty. thosè from Comwall. Dèvon and lslÈX of Srilly.-
Particularly, but rK)t exclusively, also those who may be constdered by the TNst to be disadvantsged
8ndlor vulnerable.
And, wherever desirable and feasible. acttsmplished on a co-operative andlor partneTship basis with
other relevant bodi85.
Public b9nefit
The TTUStees have complied with the duty in Section 1715) of the Charlties Act 20118nd have had due regard
to public benefit guidan￿ published by Ihe Charity Commission in setting the acliviltes reqtsired to meet its
objectives.
Page 1

The Charles Caus
ort
the Trustees
Year Ended 30th Se
mber 2023
for
ACHIEVEMENT AND PERFORMANCE
In the past year the Tnjst has continued to develop its core actiwties, especially around cultural tourism.
promoting arts nationally and providing arts opp￿￿nItieS in the South-west peninsula. whilst focusing on the
good govemance of the Trust and increased community and engagemenl.
The Arts Council England (ACE) project 'Lighting the Sun. successfvlty end¢d In March 2023. vthile
continuing to apply for large scale grant funding across the year (induding applications to ACE and the
Shared Prosperity Fund) the Trust has divetsified its range of funders and sponsors {partty thanks to
development ftjnding through Heritage Compass). This has included increased funds through cuttural stays al
Cyr￿$ Well, increased menibership (which has risen by over 100%), funds through our new Causley shop
on Launceston's hlgh sireet (11A Merchant Houso), and a wlde range of fvndlng from charitable trusts,
councils. and phitanthropic donors. Some of the more substantial examples here include grants from
Volur¢teer Cornwall Watm 8anks. Library based funding applications, The Orchard Centre. Garfield Weston
linduding a generous unr8Stricted fund of £15,000 over 2 years). the Coryop Communty Fund, the Finnis
Scott Foundation, thg Carew Pole Foundation, The Rotary Club. Launceston Town Counal, the Art Fund. and
FEAST. We*e also diversified our range of cultural partners in Comwall working more closely for examp
Ih The Hypatia Trust, Comwall Pogty ￿brary, the Writers Bk)d(, and North Comwall Book Festival lamoroJ
many others).
Operating in a more dNerse way and working on multiple smaller funded projects has led trj a wde breadth of
cultural prLxJrdmmlng. October 2022 saw the successful condusion of our 'Reimaglne' Art Fund funded
project which saw events taking place across Launceston allowed us to further devdop our visual arts offer
with young peopl¢. providing opportunittes for creative engagement in the town. The Charfes Causley
Hall¢)ween Event on 28th October 2022, was hosted in the Guildhall and featured two guided ghosl and
history walks - all events sokj out and the event received great feedbath. The charity also ran a weil-attended
'A Causley Christmas, in December 2022 featuring local school perfomiances supported by 2 yo%Jng
performer8 in residence and a musical tribute lo Chartes by Jim Causley.
Over the eoursè of the year th8 Tnist worked with lth the libTary end The Orchard Centre ￿ ddiVÈri￿ a
range of Wami Banks and Therapeutic Writsng Sessions. The Trust ran several suc¢gssfi&l residential
W0￿$hop weokends at Trevadkxk Marb)r (induding a sold-out wegkend with Katrina Naomi and Fiona
Benson in February 2023}. The Charles Causley F9stival 2023 featured tthvn centre community
performances. poetry walks, an open mlc in the fibrary. open access lo the Casllo, a cury and poety eveniNJ
and a night of unveilings. presentations. and awards. TheTr was a 'Mothels Boy A Year On, talk with Patrick
Gale and a range of presentstsons mar￿.ng the 20th anniversary of Ch8rlgs's death. Th& Saturday was a
community engage￿￿nt day and offered a livety prLKJramme in collaboration with many of the charilies and
bus1r￿seS in the town. Thè festlval weekend also created a cultural hub of activity in the newly established
popup Causley shop in 1 IA Merchant House on Launcgstr)nS high street.
The developmént of 11A Merchant House has b8en one of the most signrficanl achievements of this year.
The ¢harity now has a prominent high street presen￿ in the centre of Launceston and the town once again
has a bcK)kshop, literary cenlre, and site to buy Causley books and m&rchandise, second-hand poety t￿$,
and work from the artists 5UPPOrted by the Tfust over the years. The 11A site also promdes a space for
pèople to contribute, donate and volunteer to the community fOc￿SSed work of the charity. The shop is in the
heart of th8 town in a building of significant historical and cultural importance, largety staffed by volunteers,
and has dFiven a substsnlial increase in membership arnl helped lo profflote the work of the Trnst and the
legacy of Charfes Causley.
This year saw continuing efforts lowards promoting cultural tourism Laun¢oston aThJ Noth kornwall
including bringing cultural stays al Cypws Well back in house and pitching the bookings though cultural
institutional publicatÉons such as Mslexta. the Poetry Revlew and PN Review. The Trust Worked ck&sely with
the production team of Rick Stein's Comwall (Series 3} and parts of episode 9 were filmed in Cyprus Well
featuring Patrick Gale and Rick Stein. This year the TTUSt has also very substsntiaNy irKreased the numbgr of
active volunleers and membership subscriptions.
Page 2

e Charlès Causle
Trust
Re
of thé Trusteès
for the Year Endo
er20
The charity continues to support the development of hlgh profile, MId￿areer and younglemergent writers and
arbsts in the South-west peninsula and inlemationally. The Young Persons poetry competition ran
successfully as a national award for the second year Tunning and attracted a wide range of entrants from
auoss the UK. The Intemational Poetry CoFnpetilion was judged by Sean Hewitt and continued to attract
global entTants and readers. This year the charity provided 6 residential artisuwriter residencies at 2 Cyprus
Well including for instance Cahal Dallal (October 20221, Ryan Full and Jordan Scrace (November 2022).
Rachel Ptercey (March 2023). Anthony Capildeo lJtJly 2023 - now a trustee of the Trust), and Vela Yuen (July
2023 - a wÈnner of the Intsrnational Poetry competition who has promoted Charles's work in Hong Kong and
through the 2023 feslivall.
Thc Chortea Coual6y TfU3t ha3 alao continued to stspport the #kill¥ d¢vekJpm¢nt of a numb¢r of pcoplc
aiming to elller arts. culture, and heritage sector employment including for instance providing over eight
intsmshlp opportunities and 8 mentorships. Intem5hips have been provided through and wth HEIS in the
Soulh-wesl peninsula including Plymouth University. Falmouth University. and the University of Exeter. This
year a successfijl Art Fund application was received to cover the cost for three fulty funded intemships for 11
rrM)nlhs as part of their Student Opporknnities programme Istsrting September 2023). Mentees have come
from the University of Exeter and through the Heritage Compass programme. Further expansion of our
popular web magazine The Maker has provided creative and developmentsl opportunities for early careers
vfflters. artists and arts and heritago seclorworkers.
During this period, the Trust has been ably managed by Nicola Nuttall and a small, part-time team. As team
hours have reduced cultural aclNity has been supported by a vibrant and growng group of volunteers. Their
combined efforts have meant that the Trust remains strong, and well positioned lo meet our ¢Jngoing
commitment to community.. artistic endeavour.. edijcation, and wider participation in the Arts, as well as
continuing to honour the work of one of the finest 8￿tISh poets of the 20th century, Dr Charles Causley.
FINANCIAL REVIEW
Financial position
At the year end the charity had the following on tha balanc8 sh88t'.
Tangible Fixed Assets of £203,175
Current Assets of £58.293
Current Liabilities of £1,507
Net Assets of £259,961, of whith £227,837 were unrestricted funds and £32.124 were in the fomi of
restricted funds.
RosoN?$ policy
Reserves held by the Trust are reviewed and discussed by the trustees al meetings held dullng the year. The
Trusvs aim is lo have a minimum of 3 month's operating costs in reserves and a maintenance fund for
Cyprus Well (Charles Causlevs last homè. which Ihe Trust owns).
The unrestricted reserve as al 30 September 2023 was a surplus of £227.837 compared to a surplus of
£216,832 in 2022.
Going concern
While substantial ACE funding has not been obtained this year, the Charity has been able to bring in a more
diverse portfolio of smaller grant fvnds and some funds from the 11a shop. cultural stays, antl increased
membership. 11 is also able to scale back operattons to such an extent that they can be funded through
existing reserves, until such a time as further larger scale funding can be obtained and full operations can
reeommènce. Based on the above reasoning there are no material uncertainlias aboul the charity's ability lo
continue for the n8xt 12 months. and therefore the Trustees have condud8d that th8 going concern b8SiS is
appropriate.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng documènt
The charity is controlleiS by its governing document, a deed of twsl, and constitutes a limited company, limited
by guarantee, as defined by the Companies A¢1 2006.
Page 3

The Charles Causle
rt of the Trusleos
for the Y r Ended 30th Se
mbèr 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Charlty ¢onstitutlon
The Charlas Catjsley Trust was ineorporaled as a Charitable Company on the 3 October 2012. Thp Charity [5
managed aGcording to ils Arbcles of Association.
Rgwitment and appolntment of new Irusteos
Trustees are recruitod and appoirtrted as governed by the ChariV5 Artides of AssociatK)n.
Rlsk managgmont
The trustees have a duty to Mjentify and r￿eW Ihe nsks 10 which the chanty is exposed and to ensure
appropriate controls are in place lo provide reasonable assuran￿ against fraud arKI error.
REFERENCE AND ADMINISTRATIVE DETAILS
R•gi$tOTgd Company number
08239130 (England and Wales)
Reglstered Charlty number
1152107
Registergd offl¢a
2 Cyprus Well
Ridgegrove Hill
LAunceston
Comwall
PL15 8BT
Tru$t8gS
D Devanny
K E Stark (resigned 19.2.24)
I P Tunbridge
M Utton Iresigned 1.12.221
G R Nayler
R E G Bonner (resigned 28.2.231
fvA A Cooper
NAWatts
B G M Helme (resigned 28.223)
R F Shadand (resigned 5.2.23)
P D Shuttle Iresigned 19.2.241
M H Wright Esq
S V Priya lappointed 21.9.23)
C Morgan (appointed 23.5.23)
Company Secrotary
C Morgan
Indepandant Examlner
J P D Hodgson BA (Hon5) FCA
Hodgsons
Chartered Accwntants
48 A￿￿nack Street
Falmouth
ComwaH
TR11
2510612024
Approved by order of the board of trustees on ............................................. and signed on its behaff by..
Pag8 4

The Charles Causle
Trust
Re
ort of the Trustees
for the Year Ende
.tgmber 2023
D Devanny- Trustee
Page 5

ndent Examinarfs R8
rt to the Trustees of
Tho Charfes Causle Trust
Ind¢pendenl examinerfs report to the trustees of The Chart8s Causley Trust {Ihe Company.)
l ￿port to the charity Injslees on my examination of th& accounts of the Company for th8 year ended
30th September 2023.
Rosponslbllltles and basis of r•port
As the charity's trustees of the Company (and also its directors for the purposes of eompany lawl you are
responsib￿ for the preparation of Ihe accounts in accordance wilh th6 requlrements of the Cthynies Act
2006 Ilhe 2006 Acr).
Havtng satisfied Myse￿ that the accounts of the Company are not r8qulred to be audited under Part 16 of the
2006 Ad and are eligible for independent examination, I report in respect of my examination of your ¢harity's
acLY)unts as carried out und8r Soclh)n 145 of the Charities Act 2011 I'the 2011 AcV}. In canying out my
exarnination I have r()Ilt)weiJ IIIE DiiEbL*uvi¥ ybveii by ilie Clwrily Cominibsion under SedN)n 145151 Ib) of tho
2011 Act.
Independent examlnefs statsment
I have completed my examination. l ¢onfirn that no matters have o)me to my attention in connection with the
examination giving me trause to believ&:
accounting records were not kept in respect of the Company as r8quired by Section 386 of the 2006
Act.. or
the accounts do not accord wih thosè records.. or
the accounts do not comply with the accounting requirements of Soction 396 of the 2(K)6 Act other
than any roquirement that the accounts give a true and falr vlew which is not a matter considered as
part of an independent eXam1r￿ll0n,. or
the accounts have not been prepared in accordance wth the methods and princtples of the Statement
of Recommended Practice for acrA)unting and reporting by charlties {applicable to charities preparing
thoir accounts in a(rA)rdan￿ with the Financial Reporbng Standard applicable in the UK and Republic
of Ireland {FRS 102}).
I have ntt cx)ncerns and h8V8 tt5m8 acmss no other matters in c￿nectIon thè examinatlon to wh
attention Sh￿Id bg drawn in this r8POrt in order to enable a proper understanding of th8 accounts lo be
reached.
J P D Hodgson BA {Hon$) FCA
Hodgsons
Chartered Accountants
48 Amenack Street
Falmouth
Comwa
TR113JH
Dale..
Page 6

The Charles Causlg
ru
en¢ of Financial ActivitSes
Y ar Ended 30th Se
tember 2023
2023
Total
funds
2022
Total
funds
Unreslricled
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
DonaliorTrs and legaoes
26.223
8,232
34.455
133,573
Charitable artivities
Charitable activities
1,718
1,718
1,776
Other trading activities
Other income
16,093
109
230
{7)
16,323
102
10,942
Total
44143
8.455
52.598
146,291
EXPENDrruRE ON
Raising funds
3,002
427
3N29
8,484
CharIlab￿ actlvltles
Charitable activities
30.137
60.175
90,312
149.992
T¢knl
33.139
60.602
93,741
158,476
NET INCOMEI{EXPENDITURE)
Other recogntsed galnslllossesl
Galns on revaluation of fixed assets
11.004
(52.1471
(41,1431
(12,185)
10.000
Net Moveme￿ In funds
11,004
{52.147>
{41,1431
(2,1851
RECONCILIATION OF FUNDS
Total funds brought fomard
216,832
84,272
301,104
303.289
TOTAL FUNDS CARRIED FORWARD
227.836
32.125
259.961
301.104
The notes form part of these financial statements
Page 7

statem
301h Se
ber 2023
2023
Total
funds
2022
Total
fijnds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
10
200.506
2.669
203,175
203.689
CURRENT ASSETS
Stoc*s
Debtors: amounts falllng due wtihin c￿e year 12
Cash at bank
1,070
2,751
2S,017
1.070
11,138
46,085
3,241
46,418
57,292
8,387
21.068
28,838
58,293
106,951
CREDITORS
Amounts falling w¢thin one year
13
{1,5071
{1.507)
(9,536)
NET CURRENT ASSETS
27.331
29,455
$6.786
97.415
TOTAL ASSETS LESS CURRENT
LIABILITIES
227,837
32,124
259.961
301,104
ASSETS
227.837
32,124
259,961
301.104
FUNDS
Unrestricted fvr)d$
Restricted fvnd8
14
227,83T
32.124
216.832
84,272
TOTAL FUNDS
259.961
301.104
The charitable company is entit￿d to exempuon from audit under Section 477 of the Companies Act 2￿6 ft
tho year ended 30th SepterTtber 2023.
The members have not required the company lo obtain an audti of Ils financial statements for the year ended
30th September 2023 in accordance with SectiLm 476 of the C(Ampanies Act 2006.
The trnstees ackrwledge thoir responsibilities for
(a)
ensuring that the charttable c4)mpany keeps accounting records that comply Sections 386 and 387
of the Compan￿$ Act 2006 and
(b) preparing finanThal ststements which give a and fair view of the state of affairs of the charitabje
company as at the end of each financial year and of its surptU5 or deficÉt lor eath financial year In
accordance with the requirements of Sections 394 and 395 and whtch otheNise comply w7lh the
requirements of the Companies Ad 2006 relating to Iinancial statements, so far as applicable to the
harilable company.
The notes fom) part of these finan￿al statements
Page 8
continued...

The Charfe$ Causle
TN
ent of Flnanclal Posltlon - Contlnued
30th Se
ember 2023
These financial statements have been prepared in accordance with the provlsions applicable lo challtable
companies subject to the small companies regime.
The financial statements were approved by the Board of TNstees and authorlsed for Issue on
2510612024
- and were sÈgned on its b8half by..
D D¢vonny- Tru?tc¢
The notes form part of these financial statements
Page 9

The Charles Causle Trust
oL8s to the Flnan¢lal Slatemen
for tha Year End8d 30th S
mber 2023
ACCOUNTING POLICIES
Basis of preparlng the financlal statem•nts
The financial slatemgnts of th8 charitable company, which ts a public benefft entity under FRS 102.
have been prepared in accordance with the Charities SORP (FRS 1021 'Accoullting and Reporting by
Charities.. Statement of Recommended Practico applicable to charities preparing their accounts in
accordance wtth Ihe Financtal ReportÉng Standard applicabfe in the UK and Republic of [reIar￿ IFRS
1021 (effective 1 January 2019}', Financial Reporting Standard 102 The Financial Reporttng Stsndard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial slatements
have been prepared urKler the historical (x)sl convention, as mOdi￿d by the revaluation of certain
assets.
Income
All income is rewnised in the Statement of Financial Activit￿S once the charity ha$ entitlement to the
funds, it is pr(thble that the income will be received and the amount can be measured reliably.
Cash donations are recognised on reeeipl. Other donations are fecognised once the ehanty has been
nob.fied of the donation, Ltnl8SS Perfomiance conditions require deferrdl of the amount. Income tax
recoverable in relation to donations receNed under Gift Aid or deeds of covenant is recognised al th&
time of the dL)nalon.
Legacies are recognised on re￿Ipt or otherwse rf the charity has been notffied of an impendiNJ
distribution. the amount is known, and the Teceipt is expected. If the amount is not kTh)wn, the kgacy is
treated as a contingent asseL
Tumover is measured at the fair valug of the consideration received or receivable and ropresents
amounts receivable for goods arm£ services provlded in the norn￿1 course of business. nel of
discounts. VAT and other sales related taxes.
Grants are recognised when the￿ Is evidence of enliuement to the gift, receipt is probabty and the
amount be measured reliably.
Expendlture
Liabilities are recognised as expenditure as sc*)n as there is a legal or constructive obligation
Commtiting the charity to that expenditure. il is probabEe that a transfer of economic benefits will be
required in settlement and the amount of the obligation cart be measured reliably. Expenditure is
ac(L)unted for on an accruals basts and has been classified under ￿adingS that aggregate all cost
relaled to the category. Where costs ¢annot be direclly attributed to particular headings they have
been allrKaled to actmties on a basis consistent vthh the use of resour￿$.
Charltable actlvltles
Unrestricted funds are available use at the discretion of the trustees in furtherance of their
charitable objectives unless the fund5 have been deslgnated lor olher wrwses.
Restricted funds are subject lo specific conditions by donors as to how they may be used. The
purposes and uses of the restricted funds are sel OLrt in the not6S to the financtal stalemenl5.
Designated funds are those which the trustees have delerminad will be set aside for future expectgd
repairs and maintenance at Cyprus Well. The rental income from this propoty is tr￿Ing altocated to th15
fund as it 15 recewed.
Going ¢oncèm
Slnce the year end Ihe Charity's exÉsting grant funding has ended. At this lime no further funding has
been obtained, how8vei th8 Charity is able to scale back operations to such an extent thal they can b&
nded through existing r￿r¥e$, unts'l such a time as furthor funding can ba obtained and full
operations can recommence. However, based on the above reasoning there are no material
uncertainties about the charivs abiThty lo continue for the nexl 12 months. and therefore the Truslees
have condud8d Ih3t the going concem basFS is appropriate.
Page 10
contsnued...

Th
Notgs lo the Flnanclal Statements - contlnued
for the Year Ended 31Xh Se tember 2023
ACCOUNTING POLICIES - continued
Intangible fixed assets
Copyright represents thè pèrmission obtained for the use of poems on an app for years from the
release dale of the app (June 2019). ThFS Cost has been amortised on a straight line basis over Ihis
year period.
Tanglblo Ilxod assets
Depfeciation is prowded at Ihe following annual rates in order to write off each asset over its estimated
useful lrfe.
Plant and machinery
20Qk on reducing balance
Tangible assets except freehold property ore stated at cost {or deemed wstl less accumulated
depreciation and accumulated impaimienl losses. Cost includes the original purchase price. costs
directly attributable trtr bringing the 3ssot lo its working condition for Fts intended use, dismanuing and
restoration eosts.
Freehold propgty is ststed at valuation. RevalL$81ions are made with sufficient regularity to ensure the
rying amount does not materially differ fiDm that which would be determined fair value.
Personal effects at cost is slated at its residual value and as such. holds no depredation policy.
Stocks
Stocks are valued al the kjwer of cost and net realisable value, after maklng due allowance for
obsolete and slow moving items.
Taxation
Tho charity 1¢ •x•mpt from cgfpordtion tax on its charitab￿ aclivitios.
Employ60 benefits
The cost of any Unused holKJay entitlement is recognised in the period in which the employee's
seNices are received.
Termirialion benefits are recognised immediatdy as an axpense when the charity is demonstrably
ci)mmitted to lenninate the employment of an employee or trj provide terminatirm benefits.
DONATIONS AND LEGACIES
2023
2022
Donations
Membership fees
Grants
6,065
1,183
27,207
1,478
775
131.320
34,465
133.573
Page 11
continued...

harle8 Causle
Trust
Flnanclal Statements- contln
for Ihe Year Ended 30th Se tember 2023
DONATIONS AND LEGACIES- ¢ontlnued
Grants Teceived, ir￿￿￿ed in the aLK)ve, are as follows..
2023
2022
Cornwall Council
Arts Council England
Other grants
New Art Collections Fund
Volunteer Comwall Wami Banks
Gatheld Weston
The Rotary Club
Launceston Town Council
24,897
89.523
8,231
6,576
750
14.900
1,650
27,207
131.320
OTHER TRADING ACTNITIES
2023
2022
Fundrdising events
Rents receÉved
15.152
1,171
8,623
2.319
16,323
10.942
RAISING FUNDS
Investment managom&nt costs
2023
2022
Rent collection
750
SUPPORT COSTS
Support
costs
Govemance
sts
Totals
Chaiitsbl8 activit¢es
7.054
2.165
9219
NET INCOMEIIEXPENDmJRE}
Nel incomel(expenditurel is staled after Chargin￿(Creditingl.'
2023
2022
Depredation- ¢y•med assets
Independent examiners fee for independent examination
Indwndent examiners fee for other serviGes
767
1,506
420
823
1.368
1,203
Page 12
continued...

rust
Notes to thg Flnanclal Statements - Contlnued
for the Year Ended 30th Se
tember 2023
TRUSTEES. REMUNERATION AND BENEFrrs
There were no trustges. remuneration Of other tonefils for the year ended 30th September 2023 nor
for the year ended 30th September 2022.
Trustoes. expgnsgs
No trustees were reimbursed for out of pocket expenses during the Current or the previous year.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
UFlf¥tstiiLleTJ
Re&iribLe
Tutrdl
funds
funds
funds
INCOME AND ENQOWMENTS FROM
Donations and legacies
9.147
124,426
133,573
Charitable actlvltles
ChaTilable activities
1,776
1,776
Other trading activities
10,942
10.942
Total
21.865
124.426
146,291
EXPENDITURE ON
Raising funds
8.484
8.484
Charitable adlvitles
Charitablo activitios
{1,776}
161,787
q40,002
Total
{1.775}
160,251
158,476
NET INCOMEI(EXPENDITUREI
Transfers betr•fftn funds
other recognlsed gainsl(losses)
Gains on revaluation of fixed assets
23,640
{21,562)
{35,8251
21,562
(12,1851
10,000
10,000
Net movement In funds
12,078
114,2631
12,185)
RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported
Prior year adjustment
194,754
10,000
98,535
293,289
10,000
As r¢$tst¢d
204,754
98,535
303,289
TOTAL FUNDS CARRIED FORWARD
216,832
84,272
301,104
Pag8 13
continL¢ed...

The Charl8s Cau510
Trust
to thg FinanCial£ts_Ig￿nts￿￿tinuod
for the Year Ended 30th Se tgmbgr 2023
INTANGIBLE FIXED ASSETS
Copyright
COST
At 1s1 October 2022 and
30th September 2023
325
AMORTISATION
At 1st October 2022 an(J
301h SepIe¥nL￿r 2023
325
NET BOOK VALUE
At 30th September 2023
At 30th September 2022
10. TANGIBLE FIXED ASSETS
Personal
effects
at cost
Fraehold
property
Plant and
machinery
Totals
COST OR VALUATION
At 1st October 2022
Additions
195.000
5,562
253
5,000
205,562
253
At 30th September 2023
195,000
5.815
5.000
205,815
DEPRECIATION
Al 1st October 2022
Charge for year
1,873
767
1.873
767
AI 30th September 2023
NET BOOK VALUE
AI 30th September 2023
195.000
3.175
5,000
203,175
Ai 30th September 2022
195,000
5,000
203,689
Cost or valuation ai 30th September 2023 is Trpresented by..
Personal
Fre¢hold
Plant and
property machinery
at ¢o$t
Totals
Valuatloti 111 2020
Valuation in 2021
Valuation in 2022
Cost
29.392
10,000
10,000
144608
29.392
10,OIJO
10.000
156,423
5,815
5.000
195.000
5.815
5,000
205,815
Page 14
continued...

The Charte$ Causle
Tw
otgs to the Flnanclal Statsments . contIn￿d
for the Year Ended 30th SeAternb8r 2023
10. TANGIBLE FIXED ASSETS - ¢ontlnued
If freehold property had not been revalued it would have been induded at the followng historical (x)st:
2023
2022
Cost
145,608
145,608
Freehold propety was valued on an open market basis on 1st April 2022 by Slags.
Freehold propety 12 Cyprus Well) was transferred from the Charity 11102459) al its original cost
(£145.6081 by way of donation.
11. STOCKS
2023
2022
1.070
3,241
12. DE8TORS: AMOUNTS FALLING DUE WIThIN ONE YEAR
2023
2022
Other debtors
Prepayments
10.982
156
46.251
167
11,138
46,418
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditors
1,507
9.536
14. MOVEMENT IN FUNDS
Nel
mvement
in lunds
At
1.10.22
At
30.9.23
Unrestricted funds
General fund
216.832
11.005
227.837
Restrlcted funds
Art Fund 2021-22
Culture Recovery Fund
Community Renewal Fund 2022
Lighting the Sun 22-23
1,686
22,549
579
59,458
720
11,1351
7.345
{59.078)
2.406
21,414
7.924
84,272
{52,148)
32.124
TOTAL FUNDS
301.104
{41.143)
259.961
Page 15
continued...

Thè Charles Causle
Trust
e Flnanclal Statemonts . contlnue
for the Year Ended 30th S
mber 2023
14. MOVEMENT IN FUNDS- continued
Nel movement in funds. Énduded in the aLKJve are as follows..
InC￿ming
resources
Resources Movement
expended
in funds
Vnrestrfctod funds
General fund
44.143
133,138)
11,OOS
Restrlcte¢l lunds
Art Fund 2021-22
Culture Recovery Fund
Community Renewal Fund 2022
Lighting the Sun 22-23
730
110)
(1.135)
1141)
(59.317)
720
(1.1351
7A86
239
(59.0781
(60,603)
152,148)
TOTAL FUNDS
52.598
(93,741 }
(41,143)
Comparatlvgs for movement in fvnds
Prior
year
ljustment
Net
movement
in funds
Transfers
betjveen
funds
At
1.10.21
At
30.9.22
Unrèstrfcted funds
G￿eral fund
194,754
10.000
33.640
{21,562)
216,832
Restrlcled fund$
Art Fund 2021-22
CultsEre Recovery Fund
Community Renewal
Fund 2022
Ignite 2020-22
Lighting the Sun 22-23
1,686
{69,581)
92,130
22.549
579
{27.967)
59.458
579
6,405
21,562
59,458
98,535
(35,8251
21.562
84.272
TOTAL FUNDS
293,289
10,000
12,185)
301.104
Page 16
continu8d...

The Charles Causle
Trust
Notes to the Flnanclal Statements- contlnued
for the Ye
rEn
mber 2023
14.
MOVEMENT IN FUNDS - continuad
Comparative nel movement in funds, InclLtded in the above are as follows..
Incoming
resources
Resoijrces
expended
Gains and
losses
Movement
in ftjnds
Unrestrfctsd funds
General fund
21.865
1,775
10,000
33.640
RE5tr1Gled
Art Fund 2021-22
Culture Recovery FUN
Community Renewal Fund 2022
Ignite 2020-22
Lighting the Sun 22-23
14.901
113.2151
169,5821
119.4191
127,9671
130,0681
1.686
169,5811
579
127,9671
59.458
19,998
89.526
124,426
1160,2511
135.825}
TOTAL FUNDS
146,291
1158,476)
10,000
12,185)
RESTRICTED FUNDS
Ctslture Recove
Fund
At the end of the year to 30th September 2021 the Trust received confirmation that rt would receive a
grant lolalling £95,073 from the Arts Council as part of it's Culture Recovery Fund Emergoncy
Resource Support.. ThSs was received in total in this financial year. This was fully spent In the year
•xc•pt for 2 b212neo provid•d knt•ntyon•lly to allow th• charity to build its r•s•rv•s.
The project has been used to engage with some the most cullurdlly excluded young people. The Tftjst
has worked in partnership with schools and L*niversiltes to source intemships and allow opportuntties to
engage in creatÉve and cultural activities. The fvnding has also been used for poetry competitions, an
intemational showcase, artistic residenctes and workshops and a summer festival and digital
engagemenl through the Dlgltal Cultural Hub.
During the fiRancial year ending September 2022, the Trust received confirmatKJn that it had been
awarded a new grant from the Arts Council. lotalling £89.523. in order to fund the Lighting the Sun
project. A final payment of £8,952 was receNed in July 2023 bringing the project lo an end.
Art Fund
A total grant of £14.900 was awarded during the year ended 2021 by the National Art Collections Fund.
for a project called Reimagine. The objective of this project was lo expand the Irusls visual arts offer.
allowing them lo work with the local communities, ne￿OrkS and young people. This proiecl and
fundirt9 came to an end in October 2022.
A further successful application was made in the year to obtsin ft¢nding for three 11 month inlemships
due to begin Soptomber 2023.
Communi
Renewal Fund
During the year 2022 £20,000 was awarded and received trom Comwall Councll vta the Comwall
Museums Partnership. This was provided lo fund the Tresorys Kemow project, which focussed on
showing how culture can drive fr)otfall lo towns 8fMJ whal'suslainable culture, looks like.
Paga17
continued...

The Charfes
Notes to the Flnanclal Statomgnts . contln
for th Year Ended 30th S
rn￿r 2023
15.
RELATED PARTY DISCLOSURES
Thére wer& no related party transactions for tho yw ended 30th September 2023.
Page 18