2022-03-31-accounts - The Core

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	Page
Trustees' annual report
Independent examiner's report to the trustees
Statement offinancial activities
Statement offinancial position
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement offinancial activities	18

The trustees	present	their report	their report	and the unaudited	and the unaudited	statements	the charity
ended 31 March 2022.
Reference and administrative			details
Registered	charity	name		The Core
Charity registration		number		1164096
Principal office				Church Road
				Saltash
The trustees
				Ms KD Dickson
				Mr BAustin
				Mr JShepherd		(Resigned	1 April 2021)
				Mr M Northfield		(Appointed	1 April 2022)
Independent	examiner			KSClay FCA
				Plym House
				3 Longbridge	Road
				Marsh Mills
				Plymouth
				PL6 8LT

				2022		2021
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note	8	6	6	8
Income and endowments
Donations and legacies			13,700	25,350	39,050	77,237
Charitable activities			15,321		15,321	30,841
Other trading activities Investment income			25,386 3		25,386 3	5,395
Total income			54,410	25,350	79,760	113,473
Expenditure Expenditure on charitable	activities	8,9	31,825	53,115	84,940	61,801
Total expenditure			31,825	53,115	84,940	61,801
Net (expenditure)/income movement in funds	and net		22,585	(27,765)	(5,180)	51,672
Reconciliation offunds
Total funds brought forward			14,561	68,341	82,902	31,230
Total funds carried forward			37,146	40,576	77,722	82,902

31March 2022
			2022	2021
		Note	5
Fixed assets
Tangible fixed assets		15	2,229	1,032
Current assets
Debtors		16	8,025
Cash at bank and in	hand		75,086	83,895
			83,111	83,895
Creditors: amounts	falling due within one year	17	7,618	2,025
Net current assets			75,493	81,870
Total assets less current liabilities			77,722	82,902
Net assets			77,722	82,902
Funds ofthe charity
Restricted funds			40,576	68,341
Unrestricted funds			37,146	14,561
Total charity funds		20	77,722	82,902

discounted present value basis. the period in which it arises. Donations and legacies	The unwinding of the discount is rec	ognised as	an exp	ense in
	Unrestricted	Restricted	Total	Funds
	Funds	Funds		2022
	6	f
Donations
Donations	3,033			3,033
Grants
Grants	10,667	25,350		36,017
	13,700	25,350		39,050
	Unrestricted	Restricted	Total	Funds
	Funds f	Funds E		2021 E
Donations
Donations	8,063	4,293		12,356
Grants
Grants	19,836	45,045		64,881
	27,899	49,338		77,237

10.	Analysis ofsupport	c	o	st	s
										Analysis of
										support costs		Total2022	Total	2021
	Premises										141	141
	Governance costs										2,340	2,340		1,800
	Legal and professional Subscriptions Travel		fees								509 834 425	509 834 425		769 321
											4,249	4,249		2,890
11.	Net (expenditure)/income
	Net (expenditure)/income				is	stated		after	charging/(crediting):			2022 f	2021
	Depreciation oftangible			fixed assets								848		339
12.	Independent examination					fees
												2022		2021
														8
	Fees payable tothe independent Independent examination ofthe						examiner for: financial statements					2,340		1,800
13.	Staff costs
	The total staff costs	and		employee				benefits for the		reporting	period are	analysed as follows: 2022 f		2021 f
	Wages and salaries Employer contributions		to		pension			plans				55,519 766	46,447 611
												56,285	47,058
	The average head	count			of employees				during the	year was 5 (2021:		4). The average	number of
	full-time equivalent	employees					during the year is analysed as follows:					2022		2021
												No.	No.
	Number ofstaff											5		4

18.	Tangible fixed as	set	s
				Short
				leasehold		User defined
				property	Equipment	asset	Total
	Cost
	At 1 April 2021			666	179	822	1,667
	Additions			1,555	490		2,045
	At 31 March 2022			2,221	669	822	3,712
	Depreciation At 1 April 2021 Charge for the year			133 444	201	502 203	635 848
	At 31 March 2022			577	201	705	1,483
	Canying amount At 31 March 2022			1,644	468	117	2,229
	At 31 March 2021			533	179	320	1,032
16.	Debtors
						2022	2021 f
	Trade debtors					6,630
	Prepayments and	accrued income				1,395
						8,025
17.	Creditors: amounts		falling due within	one year
						2022	2021 f
	Trade creditom						66
	Accruals and deferred income					7,100	1,802
	Social security and other taxes					518	157
						7,618	2,025
18.	Deferred income
						2022	2021
						K
	At 1 April 2021						5,000
	Amount released	to income					(5,000)
	Amount deferred	in year				5,000
	At 31 March 2022					5,000

Analysis ofcharitable	funds
Unrestricted funds
		At				At
	1 April 2021		Income	Expenditure f	Transfers	31 March 2022 E
General funds		14,561	54,410	(31,825)		37,146
		At				At
	1 April 2020		Income	Expenditure	Transfers f	31 March 2021 E
General funds		7,783	64,135	(58,032)	675	14,561
The general unrestricted	fund	represents	the free funds ofthe charity which are			not designated
for particular purposes.
Analysis ofRestricted	Funds
					Transfers of
	Balance b/f		Income	Expenses	funds	Balance c/f
		K	K		E	E
Emergency Fund Howton Solar Farm Saltash Town Council Awards For Afi Filling The Holiday Gap		1,784 2,416 17,350 9,821 1,186	15,000	1,708 26,684		76 2,416 5,666 9,821 1,186
Police and Crime
Commission
Saltash Youth Town
Council		250				250
Caradon Community Fund Community Chest Fund Multi Year I Will Coop Build Back Better		3,120 245 10,000 5,000 4,292 12,873	350 10,000	2,542 239 11,543 4,108 53 6,043		578 356 8,457 892 4,239 6,830
		68,341	25,350	53,115		40,576

21.	Analysis	ofnet as	se	ts betw	ee	n funds
								Unrestricted		Restricted	Total Funds
									Funds f	Funds	2022 K
	Tangible fixed assets Current assets								2,229 40,908	42,203	2,229 83,111
	Creditors	less than	1 year						(7,618)		(7,618)
	Net assets								35,519	42,203	77,722
								Unrestricted		Restricted	Total Funds
									Funds 8	Funds	2021 f
	Tangible	fixed assets							971	61	1,032
	Current assets								19,103	64,792	83,895
	Creditors	less than	1 year						(2,025)		(2,025)
	Net assets								18,049	64,853	82,902
22.	Financial	instruments
	The carrying amount			for each	category of		financial	instrument	is as follows:
										2022 8	2021f
	Financial	liabilities	measured			at amortised cost
	Financial	liabilities	measured		at amortised		cost			2,340	1,800

Year ended 31 March	2022
		2022f	2021f
Income and endowments
Donations and legacies Donations		3,033	12,356
Grants		36,017	64,881
		39,050	77,237
Charitable activities
Other income from charitable	achvities	15,321	30,841
Other trading activities Room hire		25,386	5,395
Investment income
Bank interest receivable
Total income		79,760	113,473
Expenditure on charitable	activities
Charitable activities
Activities undertaken directly Wages Pension costs Training Insurance		55,519 766 384 1,547	46,447 611 19 1,677
Cafe Repairs and maintenance Advertising, stationery and telephone Other office costs		1,990 9,279 2,571	5,574 1,432 268
Depreciation oftangible assets Cleaning Sundry and volunteer expenses Events Expenditure		848 4,112 3,565 110	339 2,177 427
		80,691	58,971
Supportcosts Rates		141
Travel		425
Legal and professional fees Subscriptions		509 834	769 321
		1,909	1,090
Governance costs
Accountancyfees		2,340	1,740
Expenditure on charitable	activities	84,940	61,801
Net (expenditure)/income		(5,180)	51,672