## ## ||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|financial|statements|of|the charity|for the year| |---|---|---|---|---|---|---|---|---|---|---| |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| ## ## ## |Ye|ar ended||1 INarch 2022|1 INarch 2022|||||| |---|---|---|---|---|---|---|---|---|---| |5.|Charitable||activities||||||| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds|2022|Funds|2021| ||||||||K||9| ||Other income|||from charitable|activities|15,321|15,321|30,841|30,841| |6.|Other trading|||activities|||||| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds
f|2022
E|Funds|2021
f| ||Room hire|||||25,386|25,386|5,395|5,395| |7.|Investment||income||||||| |||||||Unrestricled|Total Funds|Unrestricted|Total Funds| |||||||Funds|2022|Funds|2021| |||||||f||5|6| ||Bank interest|||receivable||3|3||| |8.|Expenditure|||on charitable|activities|by fund type|||| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2022| ||||||||9||6| ||Charitable|activities|||||27,576|53,115|80,691| ||Support costs||||||4,249||4,249| ||||||||31,825|53,115|84,940| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds
f|Funds
F|2021
6| ||Charitable||activities||||55,202|3,769|58,971| ||Support costs||||||2,830||2,830| ||||||||58,032|3,769|61,801| |9.|Expenditure|||on charitable|activities|by activity type|||| |||||||Activities|||| |||||||undertaken||Totalfunds|Total fund| |||||||directly Support costs||2022|2021| |||||||E||E|| ||Charitable||activities|||80,691|1,909|82,600|60,061| ||Governance||costs||||2,340|2,340|1,740| ||||||||4,249|84,940|61,801| ## ## ## ## |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|