2022-03-31-accounts

The Old Bank Annual General Meeting

Chair’s Report, 29[th] May 2022

The Old Bank, Camelford is a charity with community at its heart, we run and maintain a building in the main street of Camelford for the benefit of residents from Camelford and the surrounding area. We continuously liase with other community groups and offer a range of events and activities, many of which have been suggested by residents.

Holding a prime location within Camelford we benefit from the town car park 150 metres and two disabled bays directly outside our main entrance; we also have accessible washroom facilities and level access throughout the main ground floor areas.

The nature and size of the building means that we can hire out three rooms of varying size, for regular and one-off events as well as offering a range of activities and events that we ourselves organise. We keep ticket and hiring fees as low as possible to remove the monetary barrier that would cause a hinderance to a lot of our local residents. Current users include a diverse range of people.

Trustee meetings are held on a monthly basis to review progress and consider future plans, in accordance to the Charity Commission’s guidance our trustees are a mix of age and gender.

2021/2022 has brought with it a lot of changes for our charity, the main one being the shift of focus from us not only being a community building but also a community larder, the larder aspect of the charity has grown immensely and is now a huge asset to the town with many households relying on us for food and essentials from week to week. We are currently reaching almost 100 households a week through this service and, sadly, demand is increasing every week.

We have welcomed on board a new trustee, who has brought with her amazing energy and drive, recently running a ‘Quiz & Chips’ night for us which was extremely well received and managed to raise over £300 to help us with our ever increasing costs. We have also been able to run half term drop ins for parents and children, offering an affordable means of socialising for the younger families if Camelford, more of these are planned for the upcoming summer holidays.

Another big change that is still in process is the appointing of a member of staff, we have been very fortunate in being awarded funding through The National Lottery to enable us to do this, we are hoping that this will free up our trustee’s time, ensuring that we are able to concentrate on propelling the charity forward.

Receipts and Payments Account 2021/22

	Unrestricted Funds	Restricted Funds	Total
Receipts
Grant Funding	7000.00	14600.00	21600.00
Fundraising	1644.83		1644.83
Donations	4722.39		4722.39
Room Hire	1430.00		1430.00
Refunds	672.55		672.55
Total Receipts			30069.77
Payments
Rent	429.48		429.48
Business Rates	480.00		480.00
Utilities	2171.78		2171.78
Professional Fees	854.40		854.40
Premises	832.36	10640.12	11472.48
Events	416.11		416.11
Ofce & Admin	305.36	1931.85	2237.21
Waste Removal		480.00	480.00
Volunteer Expenses		285.66	285.66
Food		2501.92	2501.92
Transport		4115.88	4115.88
Cookery Club		348.54	348.54
Charity Donation	50.00		50.00
Total Payments			25843.46

1

Balance Sheet 31 March 2022

	Opening Balance			Closing Balance
Current Account	32596.91			34823.22
Savings Account	2016.46			4016.46
	34613.37			38839.68
Total Receipts		30069.77
Total Payments			25843.46
Un banked Cash		96.80
Total				38936.48
Un restricted Funds	20213.34
Restricted Funds	18723.14
	38936.48

1

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent ExamirtÈrfs RÈport Roport to the trust•e81 m•mbers ot <_o..£ rr¥ On aexounts for the year ondod Charity no (if any) 31." Mhrte+4 2 DZL Set out on pag IYL I rewrt to Ihe trustees on rny examination ol the acc(xmts of tho above (Sianty (Ihe Tru81? for tho year ènded RespOnslbllltl￿ and basi8 of r•port As the charity'8 trust•e8, you ar• responsibl• for the preparatron of the accounts in aoxrdoncé fjth the requbromonts of the Charitie$ Act 2011 {"Ihe AL#"). I rewrt in respect of my examination of the Trust's accounts carried out under seclion 145 of the 2011 Act 8nd in ￿rryIng Out my examination, I have follavKd all the applicable ￿reCtionS given ty Ihe Chanty Commission undor se(on 145(5){bl of the Arx Independont tT *v/ I have completed my examination. l ¢onfirnl that no material matters have c4me to ry att?ntion in ¢onnectscd wth the examination lather-th￿l gives m• r￿u88 lo beliève that in. any material respec£ accountmg records vMr• not kèpt In accordanc• vAth s￿l¢fi 130 arities Ad., or tho a¢xou id not ￿)r￿ %%ith the accounbng record5,' or the accounts di comply Kwth the applicable requirem8nls c¥)nceming the form an ntent of accounts set out In the Charrties (Accounls and Reports) Regu 5 2008 olher than any requirement that the accounts give a 1rue and fai Ich is not a matt•r nsid6r6d as part of 8n independent exalrwion. I have no concems and have cfjme acnss no other rnatters in ttlnnè￿lQft with Ihe examination to vthickn attention should be dr￿ in this report in order to en3￿e a proper understanding of the accounls to be raachèd. . H88se delele the woth in the brnckets rf t￿Y ￿ not apply. Signed: If Iz02L Name: Relevant professional quallficatlonls) or body IER Oct 2018

(rf any): Addr￿s. J<É Ptsgz SÈction B DisGIosure Onty conplele if *e exaTriine,' p.Aecs Ic tr.'.GMI,.ght Ta:er'.al matiers of concern (see CC32, Independènt examinotion of charity 8(xounts. direclions and guid8nc for examiners). Glve hern brfef detslls of any items that the •xamin•rwish•s to dis¢lose. IER Oct 2018

Receipts and Payments Account 2021 22 Uff08trided Funds Rastr1et￿ Funds Total Récèlpts Grant Funding 7000.00 14600.00 21600.00 FuTrJraising 1644.83 1644.83 Donations 4722.39 4722.39 Room Hlrè 1430.00 1430.00 Refunds 672.59 672.5? Total Rocolpts 30069.77 429.48 429.48 Business Rates 480.00 480.00 utilitie5 2171.78 2171.78 Protessional Fees 854.40 854.40 Prernise5 832.38 10840.12 11472.48 Everts 418.11 416.11 Off Ice & Admin 305.38 1931.8> 2237.21 Waste Removal 480.00 480.00 Voluntw Expenses 28).66 285.66 2501.92 2501.92 Transport 4115.88 411S.88 Cookwy Club 348.?4 348.54 Ctharity Donation ?0.00 50.00 Totd Payments 23843.46

Balance Sheet 31 March 2022 Cp•ning Balance ., Closing CLKrwrt Accowrt 32596.91 3482322 Savings knourrt 201fj.46 4016.46 34613.37 38839.68 Totsl R￿01p1S 30Q69.77 Total Paymwrts 25843.46 Un banked Cash 96.80 Totat Un restricted Fifftds 20213.34 18723.14