Charity registration number.. 1169556 Cornwater Evergreens Annual Report and FIn1claI Statements for the Year Ended 31 March 2023 Community Accounting Plus Units l & 2 North West 41 Talix)i Street Noitingham NGI 5GL
Cornwater Evergreens Contents (continued) Reference and Administrative Detsils Trustees, Report 2to6 Independent Exaininevs Report Statement of Fiiiancial Activities Balance Sheet Notes to the Financial Statements Ioto 18
Cornwater Evergreens Reference and Administrative Details Trllstee5 Edward Johnstone Anne Marie Hurst Stuart Bestwick Sue Pickering Lucinda Rossit¢r Senior Management Team Melissa Blythe, CEO Charity Registration Number 1169556 Principal Office Ravens Lodge Maiii Road Ravenshead Nottinghain Nottin¥hatnshire NG15 9GS Independent Examiner John O'Brien, employee of Community Accouniing Plus Units l & 2 North Wesi 41 Talboi Street Nottingham NGI 5GL Page I
Cornwater Evergreens Trustees, Report The tiustees present the annua] report together with the financial statements of the charity for the year ei)ded 31 March 2023. Trustee5 and officers The trustees and offi¢ets serving during the year and since the year end were as follows.. Trustees-. Edward Johnstone Anne Marie Hurst Stuart Bestwick Sue Pickering Anne Smith (resigned 7 February 202)) Rev Claire Louise Melless (resigned I September 2023) Lucindg Rossiter (appointed 9 November ?022) Structure, gov¢rnan¢e and management Nulure olg¢Jverniug documeni The charity is a CIO operated under the rules of its const]tIOn adopted 1011012016. Reerulimerti and&ppoln¢mertl Irusiees Our approaLh to appoii)ting new trustees is thorough and considered, involving a review of CVS, an assessment of experience. and an evaluation of the skills each individual can bring to enhance the charity's mission. Major risks nd managemenl oflhose risks Currently. the charity faces no serious financial risks. However. we are mindfiil of potential chgllenges, including long-tetTh access to our CUTrent buildinuF, staffingF costs, and the level of grant incoine expected in the medium tenn. While the COVID-19 threat has diminished, and oiir clubs are fully operational, we remain vigilant and prepared for any potential impacts on our setTrice5. Objectives and activities Objects onduims Since its inception in 2001, Comwater Eveigreens has been at the forefront of championing the well-being of socially isolated older individuals ii) North Nottinghamshire. Our mission is multifaceted.. we strive to delay or elin)inate the need for care, enhance health and Mell-being, and significantly imprtsve the quality of lite foi our n)embers. We offer vital support to frail oldei adults ai)d those in the early stages of demei)tia, ensuring that their caregivers also receive the essei)tial respite ai)d assistance they need. Page 2
Cornwater Evergreens Trustees, Report (continued) Objeeilves, Slrui¢gles urtd tsctivliles Transfomiing into a Charitable Incorporated Organisation (CIO) in 2016. we have broadened our horizons and intensified our services, upholding our dedication to mitigating social isolation and enhancing life quality for the elderl}, in our community. Our array of clubs and aciivities are meticulousl}' designed to foster social engagemeni. mental agility, and holisiic well-being, ensuring a vibrant and supportive environment for all. The Friendship Club, operating on Mondays, Wednesdays. and Fridays, is at the heart of our service offering. Here. meinbers find a M'arni and welcoming environment where they can connect with peers, engage in stimulating activities, and enjoy a nutritious three-course meal. This club is more than just a social gathering., it is a lifeline for many. providing a sense of belonging and community. The Monday Friendship Club offers additional siipport for members with cognitive impaimients or conditions requiring extra care. Our tailored program includes activities designed to stimulate memory, enhance hand-eye coordination, and foster a sense of oricntation and aartneSS. This inclusive and acccssible approach ensiires that all members can participate and benefit. The Memory Cliib, which operated on Tuesdays and Thursdays, mirrored the program of the Monday club. However, due to a decline in attendance. ive made the difficult decision to close this club on 7th Febrnary 2023. This closure allowed us to innovate and introduce new programs to meet the evolving needs of our community- The Art Cliib and The BTunch Club. initiated in re5porise to the closure of the Mttnory Club, have quickly become integral parts of our weekly schedule. The Art Club. led by ai) experienced instructor. provides a creative ouilet for members, while the Brunch Club offers a shorter sessioii of activities acconipanied by a hearty breakfast. Both clubs uphold the values and benefits of the Friendship Club. ensuring continuity of care ai)d support. Iii May 202J. we laui)ched The Denientia Choir supported by Nottiiigham University, a pioneering initiative held at a Community Church Hall in Mansfield. This program harnesses the power of music to stimulate brain activity. proinote well-being. and enhance mood. It provides all the benefits of the Friendship Club, with the added therapeutic advantages of singing. particularly for ihose living with dementia. Our clubs collectively play a crucial role in Climbating loneliness, fostering a sense of community, and providing valuable suppon to older individuals and their carers. We are proud of the progress we have made since 2001 and remain committed to innov81ing and adapting our services to meet the ever-¢hanging needs of our community. Page 3
Cornwater Evergreens Trustees, Report (continued) Aehievements and performance Our teani of hi¥hly qualified professionals is the driving force bel)ind our charity, each bTinging a unique set of skills and a deep well of experience tts tl)eir role5. Over the past year, we l)ave successfiilly coiiduLted 2618 )ember sessi0115. providin¥ our elderly community with a safe SP1( ce to Lonnect, enga¥e, and thrive. lii addition to this. have facilitdted 4i15 hours of respite for C<1 rers: Offering them a Inuch-needed break and peace of mind. Our vtslunteer program continue5 to flourish. with a dedicdted team of individuals contributing an impressive 7455 houTS of their tin)e and energy. This inLludes lon¥-standing volunteers who have been with us for Over a decade. showL(15in¥ the str¢n¥th. re5ilienLe, and Lomrnitment of our coinmunity. Fundraising is a viial component of our 0ratiOnS. ensuring the sustainability and groM¢h of our services. This year. M".e have successfully secured £94,005 in grants, a testament to the trusi and confidence placed in us by L)ur supporters and funders. Our Friends of Cornwater donation scheme and Lottery continue to be significant sources of supporL and we are actively working to expand these initiatives to secure the future of our services. The charity shop in Mansfield. which relocated to a more central location in March ?021 and opened its doors to the public in May 2021, has rapidly become a kej, revenue stream for us. With nearly double the retail space of our previous location, it serves as a hub for the community to recycle unwanted goods, while also contributing io th¢ financial siabiliry of our charity. The COVID-19 pIdeMIC hgs brought about unprecedented ¢hallcnges, leading to fluctuatii)ns in attendance and participatioii ill our programs. Dcspite this, we have remained stcadfast in our commitment to the communiry, continuiT]g to offer free taster days to potential lle.. mcmbers. In the past }'ear, we have conducted 40 taster days, welcoming ?9 new Ineinbers to our Cornwater family. Our adaptability and resilience during these tying tiines uiiderscore our unwaveriiiLF dedication to supportingj our comTnunity. Expansion of Reach As Comwater Evergreens continues to flourish, we are proud to report a significant expansion in our reach, both in the nuinber of beneficiaries we serve and the geographic scope of our operations. Our commitment to alleviating social isolation and enh8ncing the ivell-being of older individuals has led us to extend our services beyond our initial boundaries, now encompassing sessions in Ravenshead, Mansfield City Centre, and Rainworth. This expansion not only reflects our growth iii capacity but also our dedication to meeting the needs of a broader deinographic. By establishing a presence iii these additional communities, 'e are able to touch more lives and provide our invaluable setTrices to a wider audieiice. Our clubs and activities have become a cornerstone of support in th¢se areas, fostering a s¢ns¢ of community and bclonging among OUT m¢mb¢rs. Financial review Tlie finaiicial 5tabilit)' of Cornwater Evergreens is a result of the collective 5UPPOrt froin our fuiider5, the reveiiue generated froni niember fees, the succes5 of our charity shop. and the ¥enerou5 COlltiibuti0115 froni our Friends donatlon 5chenie and Lottery. Our stringent fiiiancial contro15 aiid prudent f15cal mana¥enient have eiiabled us to navi¥ate the finaiicial challenges posed by the paiidetnic, ensurinu that we maintaiii our staffin¥ leve15 and inaiiage the year's deficit without depletin¥ oiir reserves. Thi5 prudeiit financial Stewardship is a testament to our commitment to long-temi sustainabililJ' and our abilit}, to continue providing invaluable services io the community. Poli¢J on reserves We maintain reserves of between 3 and 6 months of annual expenditure in readily realisable cash form. ensuring Ihe chariry can me¢t its capital and rev¢nue requirements. Page 4
Cornwater Evergreens Trustees, Report (continued) Publi¢ bertefii Comwater Ever&Nreens stands as a beacon of support and companionship in the local commuiiity, diligently working to eradicate the pervasive issue of loneliness among older individuals. Our clubs provide a dynamic and nurturing environmeni. where members can forge connections, share stories. and engage in a variety of activities iailored to their interests and needs. The provision of nutritious meals is a cornerstone of our service, ensuring that every member has access to a wholesome and satisfying meal each das. they spend with us. This not only addresses nutritional needs but also fosters a sense of belonging and community. In addition io serving our elderly members, we extend our support to the unsung heroes- the carers. By offering respite services, M'e provide carers w'ith the invaluable oppoftunity to recharge. focus on their own well-being. and attend to their per%onal commitmeni%, all while knowing their loved ones are in %afe and caring hands. Volunteerism is at the heart of our operations, creating a platforin for local residents to contribiite to the cominunity, learn new Skills, and gain practical experience. This not only aids in their personal and professional development but also stren(rthens the fabric of our community- The trustees of Comwater Evergreens are unwavering in their commitmcnt to deliverin£ public benefit, ali(Tning our operations and initiatives with the giiidelines set forth b}. the Charity Comjnission for England and Walcs. The trustses confirm that they have CL)mplied with the requiremenis L)f section 17 of the Charities Act 2011 to have due regard io the public benefit guidance published by the Charity Commission for England and Wales. Page 5
Coi"llwat¢i" EvergrccJi3 Trustees, Report {continued) of Trysiees, Re$pottsibilitle% Th¢ trnst¢es ar¢ responsible for preparing the trusttts, r¢port and the finHncial statements itt accordanee with the United Kinsdom A¢countins Standords (Un5t¢d Kin8dorn Gcn¢rally Aryted Atcounting Pra¢tic¢l and applicable law and regulations. The law applicable io charitic% require5 the m]s(ee5 to prepare financial 5tuternetrt5 for finw]Lial y¥yr whiLh give a true and fair view of the statc of affairs of the charity and of thc ineomtll2 resources and application of resourccs of th¢ charity fortimt period. In preparing thcBC fllMncial stat¢m¢nts. th¢ ttr¢S ar¢ required to.. select suitable accounting policies and then apply them ¢ollsistentiy' obrtrve the tnethods (md pnll01pl in the Churitiw SORP. mak¢ judg¢m¢nts and esti[e& that are reas(>nable prudent. state whether applicable accounling standards have been follow¢(L subj¢rt lo aDy material departures disclosed and explained in the financia] statements" and PrCP th¢ finanFial 5ta£ctn¢nts on thc going ionGun bois uttictss it is inappropriatG to prGsum¢ that th charity will cOntUt m business. The tsustees are responsibl¢ for ke¢ping proper a¢countJng rOr(ts that th"sclos¢ with reasonable accurdcy at any tlme the fitsanctal posttion of the ch9rity gnd enable them to ensure th•t the fit)9nci21 statements cJ)mply viith the ClJuiili¥¥ A¥l 2011, dir Cliwjtio (ALwwii¥ uiid R¥yUr) R¥¥ulkLLiuJi$ 2008, aijd tiie piovissoi]s of dit constitution. The trust¢es are also responsibl¢ for safeguarding the Sets of the charity and hence tor takin reasonable stq)s for the prevention and detection of fraud and other iTre¥ularities. The trustees 2re resEX)nsible for the mai[rte[Ct #Ad integrity Of the cory)rate and financia] inf0mtIOn ii&¥luJHi vij dj¥ ¥lLwiLdbl¥ wvjiiywiy,) w¥iJ¥il¥. Lr¥i>liilLVJL Vrilliij¥ dj¢ yJ¥vuLLViL attd di)suiiiiMti(pii of tinancial statements may ditter Iro l¢Rislation in oth¢r iurisdictigns. Approv by tli¢ ttusl¢¢s of th¢ Chattty on..... DI gtugrt Begtwiek Tiustee Page 6
Cornwater Evergreens Independent Examiner's Report to the trustees of Cornwater Evergreens Independent exarniner 5 report to the trustees of Cornwater Evergreen5 I rgport to th¢ trustets on my examination ot. the accounts tsf Cornivattr Evergreens (the Charity} for the year ended 31 Maich 202). Responsibilitie5 and basis of report A5 the trnstees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of th¢ Charities Act 2011 I'the Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my exainination I have followed all the applicable directions given by the Charity Commission under section 145{5)(b) of the Act. Independent exarniner 5 Staternent Since the Charily's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified 10 undertake the examination because l am a member and Felloiv of the Associatilin of Charity Independent Examiners, which is one of the listed bodies. I have completed m}. examination. I confimi that no matters have come to m}, attention in connection with the examination giving me cause to believe that in any material respeci.. accounting records ..ere not kept in respert of the Charity as qUired by section 130 of th¢ Art: or 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements ¢on¢erning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulglions 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. have coiicerns and have come across 110 other matters iii connection with the examination to which attention sl)ould be drawli iii this report iii order tts enable a proper under5tandin¥ of the aLLOUnts to be reached. John O'Brien Msc, FAIA, FCCA. FCIE, employee of Community Accounting Plus Fellow of the A$slatIOn of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date.. 1910112024 Page 7
Cornwater Evergreens Statement of Financial Aetivities for the Year Ended 31 Mareh 2023 Total 2023 Total 2022 Unrestricted Restricted Note Income and Endowments from: Donatiot]s and legacies Charitable activities Other trading activities 46.517 40,376 141,541 46.517 97,381 141,541 82.916 62,953 19,759 57,005 Total Income 228,434 57,005 285,439 265,628 Expenditure on: Charitable aciiviiies (262.198) 130,978) 1293.176) (254,605) Total Expenditure Net {expenditurel/income Gross transfers betweei) funds (262,198) (JO.978) 1293,176) (254.605) (33,764) 7.509 26,027 {7.5091 (7,737) 11,023 Net movement in fund5 (26,255) 18,518 (7.737) 11,023 Reeoneiliation of lunds Total funds brought forw'ard Total funds carried fomard 109,9.50 10,276 120,2?6 109,203 14 83.695 28,794 112.489 120,226 All of the charity's activities derive from coiitilluing operations during the above two periods. The funds breakdow for the period is showii in note 14. Total 2022 UThre5tricted Restricted Note Income and Endowrnents from: Donations and legacies Charitable activities Other trading activities 82,916 25,970 119,759 82,916 62.953 19,759 36.983 Totsl Income 228,645 36,983 265,628 Expenditure on: Charitable activities 224.493 130,112 254,605 Total Expenditure 224,493 iO.112 254,605 Net income Gross transfers betweei) funds 4,152 2.800 6,871 (2,800) 11,023 Net mowement in funds 6,952 4,071 11,023 Reconciliation of funds Total funds brought fonvard Total funds carried forward 102,998 6,205 109,203 14 109,950 10.276 120.226 The notes on pages 10 to 18 forni an integral part of these financial siatements. Page 8
Conat¢[ Evcisi"ccns (R¢gistration number: 1169556) Balance Sheet as at 31 Illarch 2023 2023 2022 FiTgJI Tangible asseLS io 15,415 21,503 Current assets DEbts)rs Cash xt in hand 12.066 92,528 13.525 93.242 12 104,594 106,767 clItors. falling due wltbitk oDe yexr 13 17,520) 8,044) Net currellt gssets 97.074 98.723 N•t 988•ts 112.489 120,226 Fulld¥ vf the Lhxrily-. Restricted income fvDd5 Re5tsiGted fi]nds 14 28,794 10,276 Unre$tricted income funds unr¢Stricd funds 63,695 109,950 'I'otal tunds 14 112,459 120,22 The financial ststemetts on pages 8 to 18 were approved by the trustees, and auth0ri5ed for issue on 1810112024 . and signed on their bthalf by.. Edwwd John5tone Trustee Th¢ i10t pa8Ks 10 to 18 foilli iiiLryd VWL filjwll >ia(¥lii¥KIib. Page 9
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 March 2023 l Accounting polieies Statement of eomplianee Th¢ financial stateinents hav¢ been prepar¢d in accordance with the second edition of the Charitics Stat¢ment of Recommended Practice issued in October 2019. the Financial Reporting Standard applicable in the United Kinndotn and Republic of ITeland IFRS 102) at]d the Charities Act 2011. Basis of preparation Cornwater Evergreens meet5 the definition of a piiblic benefit entity under FRS 102. Asset5 and liabilities are initially reco¥iiised at historical cost or transaction value unless otlieTWiSe Stated iii the relevaiit accountin¥ policy note5. Exemption from preparing a cash flow statement The charit), opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow stateinent in these finaiicial stateTnents. CJning concern The fii)ancial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or eonditions that may casi significant doubt on the ability of the charitj, to continue as a going concern. The trustees make this assessmeni in respect of a period of one year from the date of approval of the financial statsments. Income and endowments Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the inclime will be received and the amount can be measured with sufficient reliability. Duiiulion5 and legocie5 Donations and legacies are recognised on a receivable basis whei) receipt 15 probable and the amount can be reliably measured. Grunts recelwble Grants are recognised when the charity has an entitlemeni to the funds and any conditions linked to the grants have been mei. Where perfomiance conditions are attached to Ihe grant and are yet 10 be meL the income is recognised as a liabiliry and included on the balance sheet as deferred income to be released. Expenditure All expenditure is recognised once there is a legg1 or Constructive obligation to that expenditure, it is probable settlement is required and the amount can be megsured Teliably. All costs gTe allocated to the applicable expenditure lieading that aggregates siiiiilar costs to that category. Where costs cant]ot be directly attributed to particular hcgdings th¢y have b¢¢ii allocat¢d on a basis consistent with th¢ use of r¢sources: with c¢ntrg1 stsff costs allocated on the basis of time spent, gnd depreciglion charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Page 10
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) Chtsriluble activltles Charitable expenditure comprises those ¢osts incurred by the charity in the delivery of its activities and seivices for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support ihem. Taxation The charity is considered tLI pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets ihe definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered b}, Chapter 3 Part I l of the Corporation Tax Act 2010 or Section ?56 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively 10 charitable purposes. Tan2ible fixed assets Individual fixed assets costing £5(10 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accuTnulated impainnent losses. Depreciation and amortisation Depreciation is provided on tangible fjxed assets so as to write off the cost or valuation, less any estimat¢d residual vallle, over their expected useful economic life as follows.. Asset elass Computer equipment Fumiture & equipmellt Depreeiation method and rate Straight line 33.30/0 Straight line 33.30/0 1200/0 Trade debtor5 Trade debtors are amounts due from cusiomers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the trdnsaction price. They are suhsequently measured at amorti%ed cost u%ing the effective intere%t method, less provision for impairment. A provisioii for the impairment of debtors is e%tablished w."hen there is objective evidence that the ¢harity will not be able to collect all amounts due a¢¢ording to the original temis of the re¢eivables. Cash and Cash equivalents Cash and cash equivalents comprise cash on hand and call deposit5, and other short-term highly liquid investments that are readily convertible to a kt]own amount of cash ai)d are subject to an insignificant risk of change in value. Fund strueture Uiir£5tTlCted income ndS are general funds that are available for use at the trllstee5' discretion iii furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is resrricted to that area or purpose. Pagell
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) Pensions and other post retirement obligations Pensions Tl)e charity opeTate5 a defined contribution pension scheme for employee5. The d5sets of the scheme ale held separately from those of the charity. Pension costs Lhar¥es in the Statement of Financial Activities represent the Lontributions paycible by the charity during the yedr. 2 Income from donations and legacies Unrestricted funds General Total 2023 Total 2022 Donations and legacies., Donations frotn coinpanies, tnists and similar proceeds Grants, including capital grants: Government grants 46.517 46.517 74,597 8.319 46,517 46,517 82,916 3 Income from eharitable activities Unr¢5tricled funds General Restricted funds Total 2023 Total 2022 Fees Grants 40,376 40,376 57,005 25,970 36,983 57,005 40,376 57,005 97,381 62,953 4 Income from other trading activities Unrestyieted funds General Total 2022 Total 2022 Trading income., Sales of goods and services Local fundraising 127,297 14,244 127,297 14,244 106,823 12,9i6 141,541 141,541 19,759 Page 12
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) 5 Grants and donations Unrestrieted funds Restricted funds Total funds The National Lottery Community Fund Anonymous Noitinghamshire County Council Tl)e Jones 1986 Charitable Trust The Percy Bilton Charity Romo Coinmunity Fund The 29th May 1961 Charitable Trust Lindhur5t Windfarm Skipton Charitable Foundaiioll The Thomas Farr Chariiy The W. G. Edwards Charitable Foundation Te5co Community Grant The Charles Littlewood Hill Trust The Helen Jean Cope Charity The Rank Foundaiion Limited Magi¢ Littl¢ Grants Nottinghamshire Community Foundaiion Ravenshead Parish Council The Gray Trust {ClO) The National Lottery Awards for All BNA (CIO) The Edward Go%tling Foundatii)n The Sir Jules Thorn Charitable Trusi Sir John Eastwood Foundation The Fomjan Hardy Charitable Trust The Albert Hunt Trust Woodroffe Beiitoii Foundation 13,786 5,000 5,000 5,000 5,000 4,500 i.000 2,500 2.944 3,000 1,600 1,125 1,000 1.000 550 500 500 500 500 13,786 10,000 5,000 5,000 5,000 4.500 3.000 2,500 2,944 3,000 1,600 1,125 1,000 1.000 550 500 500 500 500 5,000 10,000 5.000 5,000 3,000 2,000 2,000 2,000 1.500 1,000 500 9,517 10,000 5.000 5.000 3,000 2,000 2,000 2,000 1.500 1,000 500 9,517 ThoTe5by Charitable frust The Jessie Spencer Trust Sundy donations 46,517 57,005 103,522 Page 13
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) 6 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2023 Total 2022 Activities 19.427 19.427 6.467 1,626 1,508 12.204 5,244 1,880 1,573 Cleaning Communications Equipment Shop moving fees Fundraising Insurance MaTketing & publicity Meals OITice & shL)p supplies Food parcel project Payroll & bookkeeping Transaction fees Professional fees 6,467 1,626 1,466 42 17.694 1,767 2,2iO 17,694 1,767 2.485 10.646 2,249 17,576 255 10,646 i.142 8,297 2,127 2,114 169 1,840 1,843 31.276 1,766 135,198 193 2,398 2,504 i3,705 2,639 152,067 12.570 1,664 721 7,919 2.559 7,6i7 193 2,398 2,504 3i.705 2.6i9 152,53) 12,570 1,664 721 8,061 2,559 7.6i7 Rent & rates Repairs & mgintengnce Salaries, Nl & pensions Relief sthff Expenses Training & development Transport Utilities Depreciation Storage PPE IT support 466 1,688 1,873 5,047 2.828 5.414 250 332 1.996 142 2,123 2.123 262,198 30,978 293,176 254,605 Page 14
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) 7 Staff costs The aggTegate payroll costs were as follows." 2023 2022 Staff costs during the year were: Wages and salaries Social seciirity costs Pension costs 145,35i 4.645 2,535 130,2?8 2.953 2,017 152,5iJ 135,198 The monthly average t]umber of persons (including senior management teatn) etnployed by the charity during the year iva5 as folloivs: 2023 No 2022 Average number of persons employed 10 8 (2022 - 81 of the above employees participated in the Defined ContribuiiL)n Pension Schemes. Contributions to the employee pension schemes for the year totalled £2.535 {2022- £?.017). No employee received emoluments of more thai) £60,000 during the year The total employee benefits of the key management personnel of ihe charity were £31,077 (2022- £30,132}. 8 INdepeNdeNt examiner's fees During the period, the fees paygble (excluding VAT) to the Charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Independent examination Other financial services 855 361 825 313 1,216 1,138 9 Taxation The charity is a registered chariry and is therefore exempi from taxation. Page 15
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) 10 Tangible fixed assets Furniture atld equiprnent Computer equipment Total Cost At l April 2022 Additions 16,042 16,682 1.549 32,724 1,549 At 31 March 2023 16,042 18,?31 34,273 Depreciation At l April 2022 Charge for the year 7.265 2,183 i,956 5.454 7,637 At 31 March 2023 9.448 9,410 18,858 Net book value At 31 March 202i 6.594 8,821 15,415 At 31 March 2022 8.777 12,726 21,503 I l Debtor5 2023 2022 Trade debtors 6,615 5,000 1.910 Prepayments Other debtor5 5,000 1.951 12,066 13,525 12 Cash and cash equivalents 2023 2022 Cash on hand Cash at bank 878 91,650 88 93,154 92,528 93,242 13 Creditors.. amount5 falling due within one year 2023 2022 OthEr taxation and social security Othcr cr¢ditors Accruals 2,001 1,127 4,392 2,486 85 5,473 7.520 8,044 Page 16
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) 14 Funds Balance at 31 Murch 2023 Balance at I April 2022 Incoming rewurces Resourees expended Trnnsfers Unrestricted funds GeFteral General 109.950 2?8,434 {262,198) 7,509 83,695 Restricted funds Eqiiipment Activities Meals Tran5ltion Day 300 6.5i8 12,619 13,100 17,500 13,786 142) (18,519) (10,422) (1,995) (7,509) 5.368 10,308 11,999 208 Total restricted funds 10.276 57,005 (iO:978) (7,509) 28.794 Total funds 120,226 285,439 {293,176) Balance at 31 March 2022 Balanee at I April 2021 Incomillg resouree5 Resources expended TraDSfers Unrestricted funds General General 102.998 228,645 {224,493) 2,800 109,950 Restricted Equipment Activities Meals Food parcels Tran5ltion Day PPE Shop Transport Training 600 2,500 18,400 9,152 2,114 (2,800) 300 3,022 2,375 (14,884) (8,297) (2,114) 6,538 3,230 208 208 250 2,667 1,400 (250) 12,667) (1,400) 500 Total restrieted funds 6,205 36,983 (30.112) (2.800) 10,276 Total funds 109,20) 265,628 {254,605) 120,226 The specific purposes for w'hich the funds are to be applied are as follows.. The Transitional Day fund provides g link for members who need to move, with minimal stress and disiurbance from the Friendship Club into a higher level of care. Page 17
Cornwater Evergreens Notes to the Finaneial Statements for the Year Ended 31 Mareh 2023 (continued) The transfer from the Equipment fund to the General fund represents the net book value of fixed assets, the use of which is not subject to any restriction. 15 Analysis of net assets between funds Unrestricted 2023 Total funds General Restricted Tangible fixed assets Cufftnt assets Current liabilities 15,415 75,800 {7.5201 15,415 104,594 (7,5?0) 28,794 Total net assets 83,695 28,794 112,489 Unrestricted 2022 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 21,50i 96,491 8,0441 21.503 106,767 (8.044) 10,276 TL)tal net assets 109,950 10,276 120,226 16 Related party tran$a¢tions There were iio related party iransaciiL)ns in the year. 17 Trustees rernuneratiotl and expenses No twstees, nor any persons connecied with them, have received any remvneration from the Charity during the year. No trnstees have received any reiinbursed expenses or any other benefits from the charity during the yeaT. Page 18