Charity registration number: 1173481 Samaritans of Cornwall at Truro (A charitable incorporated organisation) Annual Report and Financial Statements for the Year Ended 31 March 2024
Samaritans of Cornwall at Truro Contents Trustees Report 1to8 Referents and Administrative Details Statement of Trustees, Responsibilities Independent Examinerfs Report 10 Statement of Financial Activities 11 to 12 Balance Sheet 13 Statement of Cash Flows 14 Notes to the Financial Statements 15to23
Samaritans of Cornwall at Truro Trustees Report The trustees present their report together with the financial statements of the charity for the year ended 31 st March 2024. The trustees have adopted the provisions of accounting and reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effective 1st January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT The Samaritans of Cornwall at Truro (known as Comwall Samaritans) is an independent charity (Registered Charity Number: 1173481) run completely by volunteers. The charity is led by a Director, supported by Deputy Directors and a leadership team all voluntary roles. There are no paid Members of staff. There is a "flat" management structure with key decisions tsken by the Branch Leadership Team (BLT) made up of the Director, Trustees, Deputy Directors (DDS) and Leaders. The DD or Leader then takes responsibility for any actions needed within their area of responsibility and reports back. Samaritans is unusual in terms of succession planning the Director is chosen after consultation with every member of the Branch and individuals cannot nominate themselves. This process ensures that the new Director has been chosen by those that are involved in all aspects of delivery of the service. The Director then chooses their team which includes Deputy Directors who lead on different operational aspects of Servi delivery; and Trustees - who ensure that there is a robust govemance structure throughout all aspects of the organisation. Directors are in seNice for 3 years, with Deputy Directors and Trustees able to serve up to 6 years in order to ensure continuity of Se1 delivery. The service is managed by our Director and board of Deputy Directors, who all have a clear role within the charity and extensive training. It is delivered through our volunteers who undertake initial training and then extensive ongoing training and support. We are also supported by national headquarters, with systems. policies and training etc. Samaritans undergo extensive training to be able to support those who aCsS the service. In addition, there is a requirement for Continual Professional Development {CPD}. The volunteer workforce is made up of a diverse range of individuals- many of whom bring transferable skills from their'day job. to enable the core functions required for the running of the branch. Governing document The charity is registered with the Charity Commission and is a Charitable Incorporated Organisation. Risk Management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assuran against fraud and error. The branch is compliant with national safeguarding pr0dUreS. Appointment of Trustees All members of the charity (including the Trustees) may make nominations for individuals to stand for election as Trustees. Noti must be given in line with the constitution prior to election at the annual general meeting. Page 1
Samaritans of Cornwall at Truro Trustees Report (continued) Objectives and aims The charitable objectives of Samaritans of Comwall at Truro are to enable persons in Comwall and the surrounding area as well as elsewhere who are experiencing feelings of distress or despair, including those who may be at risk of suicide, to re1ve confidential emotional support at any time of the day or night in order to improve their emotional health and to reduce the incidence of suicide- to promote a better understanding in society of suicide, suicidal behaviour and the value of expressing feelings which may otherwise lead to suicide or impaired emotional health- and to collaborale with and support Samaritans Central Charity and its affiliated branches in fulfilling these Objects. Samaritans Central Charity and its affiliated branches vrfork cohesively in fulfilling these objects. Samaritans of Cornwall at Truro is the only branch of the Samaritans in the county of Comwall., the Truro branch is integral to both the wider Samaritans 2417 availability for people in despair or distress or with suicidal feelings and supporting the local community. Samaritans of Cornwall at Truro works to alleviate emotional distress and reduce the incidence of suicidal feelings by listening. without giving advice or judgement. and providing a confidential opportunity for callers and those supported at outreaching events to explore feelings and emotions. ReIving referrals and working in partnership with other organisations (such as the Multi-agency Suicide Prevention Group) we are particularly proud of our awareness, signposting, and preventative work. Within Cornwall we proactively reach out into the local community, visiting various locations, organisations, and events- talking to the people that need us. where and when they need us. This includes, but is not exclusive to, schools. universities. and railway stations. Our awareness and preventative work include giving talks to groups. Within the year 2023 to 2024 we have responded to over 20,000 direct calls for help via calls, webchats and emails and kept our branch running almost 2417. In widening Samariians. reach and utilising new tools to connect wilh potentially new audiences the drive to reduce death by suicide is embodied in the branch. We help respond lo those in need within Comwall, alongside feeding into a national network, being an integral part of the wider Samaritans, response. Page 2
Samaritans of Cornwall at Truro Trustees Report (continued) Public benefit statement Within Cornwall we proactively reach out into the local community visiting various locationslorganisations and talking to the people that need us, where and when they need us. This includes, but is not exclusive to. schools. universities and railway stations. Our awareness and preventative work include giving talks to groups e.g. Young Fanners. Lions. Rotaries, Round Tables and Wls as well as taking stands at events such as the Royal Cornwall Show. We respond to calls and 'webchat'. keeping our branch running almost 24t7. We continue to proactively look to extend the Samaritans, reach and utilise new methods to connect with potentially new audiences. We help respond to those in need within Comwall, alongside feeding into the national network of Samaritans response. We have referred to the guidance contained in the Charity Commission's general guidan on public benefit when reviewing our aims and objectives and in planning our future activities. TALK TO US If 116 123 [SAMAAITAIIS Page 3
Samaritans of Cornwall at Truro Trustees Report (continued) ACHIEVEMENT AND PERFORMANCE Charitable activities Samaritans of Comwall at Truro is run entirely by volunteers; there are no paid positions within the branch. All volunteers have been specially selected and trained,. it takes approximately a year from the juncture of commencing training to the point a volunteer becomes a full Samaritan. The number of volunteers fluctuates. but we continue to average over 100 volunteers. We have trained a further 33 volunteers within the financial year and have a commitment to train the same number in 24-25. There is always a minimum of two Samaritans on duty for each shift and therefore the volunteer base needs to be broad in number, availability and skillset. Alongside 'listening' the Samaritans maintain a presence across Comwall as described within the objectives and aims above. In the period 1st April 2023 to 31st March 2024, the branch has opened for over 5500 hours across day and night 7 days a week {thus over 65 /0 of the year). Shifts only close due to volunteer availability with many volunteers doing over and above the minimum Samaritan commitment to ensure closures are keptto a minimum. The branch answered over 22,000 direct calls for help, as well as potentially reaching tens of thousands of people in the past 12 months in a range of indirect ways, including those who may be in the early stages of poor mental health through our preventative work. Alongside our listening volunteers. our support volunteers are pivotal, taking on roles such as treasurer, organising outreach activities in the community. administration alongside the more obvious fundraising. Fundraising is supported hugely by the indoor market stall at Par Market- the volunteer support to maintain this income stream and its performance as an awarenessloutreach tool is integral to the success of the branch. The Trustees are delighted to have been supported within year by multiple grants for the ongoing running and development of the charity. The attainment of such grants has led to the ability to start work on a full renovation of the sile at Treyew Road including the construclion of a free-standing Training facility. With a capital appeal target of £1.2million, over £1,160,500 has been secured, wilh further applications made and pending, and work has begun. Our local Patrons enhance the profile of the Samaritans of Comwall al Truro. Rick and Sarah Stein and Richard Madeley are Patrons of the branch. In November 2023 a very successful 50th anniversary ball raised significant and welcome funds as well as raising further awareness of the charity. Our Patrons Rick and Sarah Stein were in attendance, as well as the Lord Lieutenant. the Deputy Mayor and the Bishop of Truro. Page 4
Samaritans of Cornwall at Truro Trustees Report (continued) FINANCIAL REVIEW The trustees are satisfied with the results for the period and with the balan sheel to date. Throughout the year, the trustees reviewed the branch's fundraising strategy and through enormous effort from across the team, the level of income was increased to meet the need - for core and capital requirements. The statement of financial activities indicates a net surplus of £538,690 compared with a deficit of £40,809 in the previous year. This surplus however is not unrestricted reserves, but raised and allocated to deliver required capital works needed to our property, alongside meeting our reserves policy. This year's funding for the Capital Development Project has resulted in atypical figures both for income and expenditure. This is a temporary position which will return to normal on completion of the majority of our capital development project on 31st March 2025. With further capital grants forecast, atypical figures will continue to be reflected in our year end 31st March 2025 accounts. With capital works complete negating the need for continued high levels of funding to be secured, our year end 31st March 2026 should see our figures returning to a more 'nonnal" core level. All volunteers give their services voluntarily. However it will cost an estimated £132k to meet the core costs to run the branch in the financial year 2024125 in addition to our capital development costs. As a local independently registered charity, we have to raise this money as a branch. The Samaritans of Cornwall at Truro branch works closely with the Samaritans Central Charity at Upper Mill, Kingston Road, Ewell, Surrey, KY17 2AF. As a locally registered independenl charity, Samaritsns of Comwall at Truro does not re1ve any financial support from Central, but is supported in a wide range of other ways including policies, training and guidance. In return, Samaritans of Comwall at Truro makes an annual contribution to the central offi. Principal funding sources Through the financial year ending 31st March 2024. funding SoUrS included the Par Market stall, a Gala Ball and public donations (including gift aid) - in that order of income generation. Funds were also raised via volunteer activities such as raffles and collections, a small legacy and bank interest. The dominant income stream for core costs (as well as capital) was grants. This was necessary due to the level of funding required and the repercussions of the Covid-19 pandemic continuing to affect community-based income streams. Historically. the majority of Comwall Samaritans. income was community based. Due to Covid restrictions, these activities ceased and are taking time to regrow. For the duration, the fundraising strategy pivoted to utilise the increase in mental health funding available through trusts and government grants. This has been a successful approach both for core and capitsl costs. Now that the capital target has been achieved. focus can retum to core costs and the need to diversify income in order to achieve greater financial stability- Page 5
Samaritans of Cornwall at Truro Trustees Report (continued) Reserves policy At the end of the period unrestricted funds were £416,511 (2023: £423,543). designated funds were £63.692 (2023.. £57.385) and restricted funds were £541,556 (2023: £2,141). The Branch Leadership Team has approved a reserves policy to maintain a sufficient level of services to enable operating activities to be maintained, taking account of the potential risks and contingencies that may arise from time to time. We believe that 0.5 x annual "core" running costs would be a reasonable maximum level to maintain. Current free reserves (unrestricted and undesignated funds. excluding fixed assets) are significantly above this level at £268,571 and the key intentions for these funds are.. Working capital.. to manage cash Ilows (inflow and ouffiow) to prevent any interruption to operations or failing to meet obligations to suppliers - with a particular focus on the capital development works. Continuity of charitable activity- to be able lo maintain operations if there is a significant shortfall in our fundraising activities, including the potential impact of a dip in the economy. Funding for specific liabilities or risks-. The Trustees maintain a comprehensive assessment of risks that the organisation faces. Whilst many are insured, some, including continuity of services. are not able to be insured, thus the reserves protect the organisation's ability to recover in the event of one of those risks happening. Funding for specific projects: Accessibility issues make the building unfit for purpose in its current configuration. The BLT has increased the reserves to fund work on resolving these issues - hen the capital development project with an overall target of £1.2million. Plans for future periods The charity needs to regrow historic income streams whilst scoping out new ones. Community fundraising with third parties and the public is an opportunity that can grow, along with establishing new rental opportunities created through the Training Centre and Residential spaces of the newly developed propety- Corporate sponsorship lends itself to naming opportunities within the development which can help develop Corporate Fundraising as a new income stream. "Traditional" ways to raise funds for the charity such as donations by community organisations in return for Talks - may eventually return to pre-pandemic levels, but this will take several years. This will be part of the fundraising strategy, alongside new income streams, to ensure that the charity can continue to meet its costs, with the aim of becoming more self-sufricient, delivering its crucial services in Cornwall for the next half a century and beyond. The charity is currently developing a Business Plan with a focus on financial stability. Page 6
Samaritans of Cornwall at Truro Trustees Report (continued) FUTURE PLANS Refurbishment and the building of the training centre on our premise at 19 Treyew Road began in May and will see phases 1-6 completed by 31st March 2025. with phase 7 completing by the summer which will address the need for any equipment upgrades, furnishing the training centre and completion of landscaping. We have secured and relocated to an altemative temporary venue to continue our Samaritan work during the period when we are unable to use our premises. Once the capital works are complete, we will proceed with letting the flat and pursuing rental opportunities for the training centre. The capital works are neSSary and exciting but challenging in a range of ways as well as financially and operationally. On competition of works and retum to branch, we are looking forward to returning return to "normal" operations in a more accessible environment, with improved facilities to support our volunteers, helping us lo further deliver our aims and mission to our community in Comwall and beyond. The annual report was approved by the trustees of the charity on 01.08.2024 be gned on its rustee Page 7
Samaritans of Cornwall at Truro Trustees Report (continued) Reference and Administrative Details Chairman S Wilkins Trustees P Orme S Wilkins A Battleday (resigned 27 Sep 2023) M Buck J Calverley S Gilchrist (resigned 9 Nov 2023) M Powlesland (resigned 20 Apr 2024) J C Peat (appointed 14 Jun 2023) B Hulme (appointed 3 Jan 2024) J C Peat (appointed 14 Jun 2023) Secretary Charity Registration Number 1173481 Principal Office 19 Treyew Road Truro TR12BY Independent Examiner Francis Clark LLP Lowin House Tregolls Road Truro Comwall TR12NA Page 8
Samaritans of Cornwall at Truro Statement of Trustees, Responsibilities The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the state of affairs of Ihe charity and of Ihe incoming resources and application of resources of the charity for ihat period. In preparing these financial stalements, the trustees are required to- select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements- and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records thal disclose with reasonable accuracy at any time the financial posilion of the charity and enable them to ensure that the financial stalements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulalions 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the chariws website. Legislation governing the preparation and dissemination of financial ststements may differ from legislation in other jurisdiclions. Approved by the trustees of the charity on D.1_a8.2Q24. and signed on its behalf by: Tr Page 9
Samaritans of Cornwall at Truro Independent Examiner's Report to the trustees of Samaritans of Cornwall at Truro I report to the trustees on my examination of the accounts of Samaritans of Comwall at Truro for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of Samaritans of Comwall at Truro you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')- I report in respect of my examination of the Samaritans of Comwall at Truro's accounts carried out under section 145 of the 2011 Act and in carrytng out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement Since Samaritans of Comwall at Truro's gross income exceeded £250,000 your examiner must be a meTnber of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- 1. accounting records were not kept in respect of Samaritans of Comwall at Truro as required by section 130 of the Act- or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 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. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Darren Perry ACA DChA Chartered Accountant Francis Clark LLP Lowin House Tregolls Road Truro Comwall TR12NA Date:..10 sep.tember 2024 Page 10
Samaritans of Cornwall at Truro Statement of Financial Activities Year Ended 31 March 2024 (Including Income and Expenditure Account) Unrestricted funds Restricted funds Total 2024 Note Income and Endowments from: Donations and legacies Other trading activities Investment income 50.482 53.922 4,139 569,650 620,132 53,922 4,139 Total income 108,543 569,650 678,193 Expenditure on: Raising funds Charitable activities (40.461) (68.807 (303) 29,932 (40,764) 98,739 Total expenditure 109,268 30,235 139.503 Net {expenditure)lincome 725 539,415 538,690 Net movement in funds (725) 539,415 538,690 Reconciliation of funds Total funds brought forward (as restated) 480.928 2.141 483,069 Total funds carried forward 14 480.203 541,556 1,021.759 The notes on pages 15 to 23 foTh an integral part of these financial statements. Page11
Samaritans of Cornwall at Truro Statement of Financial Activities Year Ended 31 March 2024 (Including Income and Expenditure Account) Statement of Financial Activities for the comparative year ending 31 March 2023 Unrestricted Restricted funds funds Total 2023 Note (As restated) (As restated) Income and Endowments from: Donations and legacies Other trading activities Investment income 63.490 53.531 1,317 9,050 72,540 53,531 1,317 Total income 118,338 9,050 127,388 Expenditure on: Raising funds Charitable activities (24.927) 126,919 (2,265) 14,086 (27,192) 141.005) Total expenditure 151,846 16,351 168.197) Net expenditure 33.508 7,301 40,809) Net movement in funds (33.508) (7,301) (40,809) Reconciliation of funds Total funds brought forward 514,436 9.442 523,878 Total funds carried forward 14 480,928 2.141 483,069 All of the charity's activities derive from continuing operations during the above periods. The funds breakdown for 2023 is shown in nole 14. The notes on pages 15 to 23 foTh an integral part of these financial statements. Page 12
Samaritans of Cornwall at Truro Balance Sheet 31 March 2024 2023 £(As restated) 2024 Note Fixed assets Tangible assets 179,435 155,067 Current assets Debtors Investments Cash at bank and in hand 10 270,139 1,207 85,000 243,186 12 573,692 843,831 329,393 Creditors: Amounts falling due within one year 13 (1,507) 11,391) Net current assets 842,324 328,002 Net assets 1,021,759 483,069 Funds of the charity: Restricted income funds Restricted funds 541,556 2,141 Unrestricted income funds Unrestricted funds 480,203 480,928 Total funds 14 1,021,759 483,069 The fi on 01 ncial s nts on pages 11 to 23 were approved by the trustees, and authorised for issue and signed on their behalf by- The notes on pages 15 to 23 foTh an integral part of these financial statements. Page 13
Samaritans of Cornwall at Truro Statement of Cash Flows Year Ended 31 March 2024 2024 2023 Note Cash flows from operating activities Net cash incomel(expenditure) 538,690 (40,809) Adjustments to cash flows from non-cash items Depreciation Investment income 7,127 (4,139) 7,320 (1,317) (34,806) 541.678 Working capital adjustments Increase in debtors Increase in creditors 10 13 {268,932) 116 {1,207) 41 Net cash flows from operating activities 272,862 (35,972) Cash flows from investing activities Interest receivable and similar income Purchase of tangible fixed assets Sale of investments 4.139 (31,495) 85,000 1,317 (1,500) Net cash flows from investing activities 57.644 (183) Net increasel(decrease) in cash and cash equivalents 330,506 (36,155) 279,341 Cash and cash equivalents at 1 April 243,186 Cash and cash equivalents at 31 March 573,692 243,186 The notes on pages 15 to 23 foTh an integral part of these financial statements. Page 14
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 1 Accounting policies Statement of compliance The financial statements have been prepared in accordan with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - {Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply wilh the Charities Act 2011. Basis of preparation Samaritsns of Cornwall at Truro meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convenlion with items recognised at cost or transaction value unless otherwise stated in the relevanl note(s) to these accounts. Going concern The trustees consider that there are no material uncertainties about the chariws ability to continue as a going concern. Income and endowments Volunlary 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 income will be reiVed and the amount can be measured with sufficient reliability. Donations and legacies Donations and legacies are recognised on a re1vable basis when receipt is probable and the amount can be reliably measured. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with depreciation charges allocated on the portion of the asset's use. Raising funds These are costs incurred in attracting voluntary income and those incurred in trading activities that raise funds. Page 15
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) Charitable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services 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 them. Support costs Support costs include traI functions and have been allocated to aclivity cosl categories on a basis consistent with the use of resources. Tangible fixed assets Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows- Asset class Freehold Propety Fixtures and fittings Depreciation method and rate Straight line over 50 years Straight line over 5 years Trade debtors Trade debtors are amounts due from customers for merchandise sold or serVIS performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and at bank. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity- Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those donated for use in a particular area or for specific purposes. the use of which is restricted to that area or purpose. Page 16
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) 2 Income from donations and legacies Unrestricted funds Restricted funds Total funds Donations and legacies- Donations from individuals Legacies Gift aid reclaimed Grants. including capital grants. Grants, including capital grants 21.361 95 4,526 21,361 95 4,526 24,500 569,650 594,150 Total for 2024 50,482 569,650 620,132 Total for 2023 63,490 9,050 72,540 3 Income from other trading activities Unrestricted funds Total funds Events income; Fundraising income Sundry income 53,115 807 53,115 807 Total for 2024 53,922 53,922 Total for 2023 53,531 53,531 4 Investment income Unrestricted funds Total funds Interest receivable and similar income., Interest receivable on bank deposits 4.139 4,139 Total for 2024 4.139 4,139 Total for 2023 1.317 1,317 Page 17
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) 5 Expenditure on raising funds a) Costs of generating donations and legacies Unrestricted funds Restricted funds Total funds Grants Fundraising expenses 16,403 24,058 16,403 24,361 303 Total for 2024 40,461 303 40,764 Total for 2023 24,927 2.265 27,192 6 Expenditure on charitable activities Unrestricted funds Restricted funds Total funds Volunteer Telephone Recruitment Training Support Volunteer Travelling Volunteer Care Refreshments Outreach Support Costs 362 1,701 486 1.336 15,786 1.002 1,905 1.033 6,683 2,063 486 1,378 35,223 1,002 1,905 2,589 54,093 42 19,437 1,556 47,410 Total for 2024 68,807 29,932 98,739 Total for 2023 (as restated) 126.919 14.086 141,005 7 Trustees remuneration and expenses During the year the charity made the following transactions with trustees: £15,099 (2023: £13,020) of expenses in total were reimbursed to 8 trustees (2023: 8 trustees) during the year. No trustees, nor any persons connected with them. have reiVed any remuneration from the charity during the year. Donations made by the trustees totalled £7.727 for the year (2023 - £6,198). Page 18
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) 8 Taxation The charity is a registered charity and is therefore exempt from taxation. 9 Tangible fixed assets Freehold property Fixtures and fittings Total Cost At 1 April 2023 Additions 284,721 31,495 36,333 321,054 31,495 At 31 March 2024 316.216 36,333 352,549 Depreciation At 1 April 2023 Charge for the year 132,217 5.694 33,770 1,433 165,987 7,127 At 31 March 2024 137,911 35,203 173,114 Net book value At 31 March 2024 178,305 1,130 179,435 At 31 March 2023 152,504 2,563 155,067 10 Debtors 2024 2023 Prepayments Accrued income 1,220 268,919 1,207 270,139 1,207 11 Current asset investments 2024 2023 Deposit account 85,000 12 Cash and cash equivalents 2024 2023 Cash at bank 573,692 243,186 Page 19
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) 13 Creditors: amounts falling due within one year 2024 2023 Accruals 1,507 1,391 14 Funds Balance at 1 April 2023 {as restated) Balance at 31 March 2024 Incoming Resources resources expended Transfers Unrestricted funds General Unrestricted funds 423,543 108,543 (109,268) (6,307) 416,511 Designated Redevelopment Fund 57,385 6,307 63,692 Total unrestricted funds 480,928 108,543 (109,268) 480,203 Restricted funds Comwall Community Chest GWR Cornwall Community Capacity Fund Duchy Health Charity H.M. Saunders Shared Prosperity Fund The National Lottery Community Fund 2,141 (2,141) (1,500) 1.500 12,900 15,000 250 495,000 (3,029) 9,871 15,000 250 495,000 45,000 (23,565) 21,435 Total restricted funds 2,141 569,650 (30,235) 541,556 Total funds 483,069 678,193 (139,503) 1,021,759 Page 20
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) (As reststed) Balance at 1 April 2022 (As reststed) (As restated) Resources Balance at 31 expended March 2023 Incoming resources Unrestricted funds General Unrestricted funds 439,482 118.338 (134,277) 423,543 Designated Redevelopment Fund 74,954 (17,569) 57,385 Total unrestricted funds 514,436 118,338 (151,846) 480,928 Restricted Assura Community Fund Cornwall Business Club Cornwall Community Chest Norman Family Trust GWR Arnold Clarke Foundation Kallis Postforce 2,442 3.000 (2,442) (3,000) {509) (4,000) (2,150) (1,000) (2,500) 750) 2,650 2,141 4.000 2,150 1,000 2.500 750 Total restricted funds 9,442 9,050 16,351) 2,141 Total funds 523,878 127,388 (168,197) 483,069 Page 21
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) The restricted and designated funds above have been awarded for the following purposes: . Arnold Clarke Foundation - to fund telephone outreach costs. . Assura Community Fund - to fund volunteer support. training and recruitment. Comwall Business Club - to fund volunteer support, training and recruitment., Comwall Community Capacity Fund - to fund strategic planning for the charity. Comwall Community Chest - to fund volunteer care., Duchy Health Charity - to fund the adaptation to an accessible building for the charity to operate from., H.M Saunders - to fund volunteer support. GWR- to fund recruitment and training. Kallis - to provide funding support for the National Walk. Norman Family Trust- to fund the delivery of emergency mental health support; Postforce- to provide funding support for the National Walk- Redevelopment Fund to fund the adaptation to an accessible building for the charity to operate from., . The National Lottery Community Fund - to fund volunteer support and outreach., Shared Prosperity Fund to fund the adaptation to an accessible building for the charity to operate from. Restatement The restatement of prior year funds is the correction of the allocation of the Redevelopment fund, which has always been a designated fund by nalure. All funds held in the Redevelopment fund were historically transferred from unrestricted funds by ihe Irustees to serve the purpose outlined above. As a result the comparatives have been restated lo show the Redevelopment Fund as a designated fund, rather than a restricted fund. Page 22
Samaritans of Cornwall at Truro Notes to the Financial Statements Year Ended 31 March 2024 (continued) 15 Analysis of net assets between funds Total funds at 31 March 2024 Unrestricted funds General Designated Restricted funds Tangible fixed assets Current assets Current liabilities 147,940 270,078 (1,507 16,665 47,027 14,830 526,726 179,435 843,831 1,507 Total net assets 416,511 63,692 541,556 1,021,759 Total funds at 31 March Unrestricted funds Designated Restricted funds General £ (As restated) (As restated) 155,067 269,867 (1,391) 2023 Tangible fixed assets Current assets Current liabilities 155,067 329,393 11,391) 57,385 2.141 Total net assets 423,543 57,385 2.141 483,069 16 Related party transactions There were no related party transactions in the year. Page 23
Samaritans of Cornwall at Truro Detailed Statement of Financial Activities for the Year Ended 31 March 2024 Total 2023 £(As restated) Total 2024 Income and Endowments from: Donations and legacies (analysed below) Other trading activities (analysed below) Investment income (analysed below) 620,132 53,922 4,139 72,540 53,531 1,317 Total income 678,193 127,388 Expenditure on: Raising funds (analysed below) Charitable activities (analysed below) (40,764) (98,739) (27,192) (141,005) Total expenditure (139,503) (168,197) Net incomel(expenditure) 538,690 (40,809) Net movement in funds 538,690 (40,809) Reconciliation of funds Total funds brought forward 483,069 523,878 Total funds carried forward 1,021,759 483,069 This page does not fomi part of the statutory financial statements. Page 24
Samaritans of Cornwall at Truro Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued) Total 2024 Total 2023 Donations and legacies Donations Legacies Gift aid Grants unrestricted Grants restricted (running costs) Grants restricted (capital development) 21.361 95 4.526 24,500 59,650 510,000 17,526 2,570 3,894 39,500 9,050 620,132 72,540 Other trading activities Fundraising income Sundry income 53.115 807 48,278 5,253 53,922 53,531 Investment income Bank interest receivable 4.139 1,317 4.139 1,317 Raising funds Fundraising expenses Fundraising expenses - restricted Grant expenses (24,058) (303) {16,403) (40,764) (17,352) (2,265) (7,575) (27,192) Charitable activities Volunteer telephone Volunteer telephone restricted Recruitment - restricted Training support Training support - restricted Volunteer travelling Volunteer travelling restricted Gift aided travel Volunteer care Volunteer care - restricted Refreshments Refreshments - restricted Outreach Outreach restricted Course costs (362) (1.701) (485) (42) (1,336) (3,166) (15,786) (16,271) (152) (1,018) (296) (398) (211) 18,301) 17,686) (14,018} (494) (561) (663) (1,521) (1,378) (287) (27) (1.002) (1,905) (1.556) (1.033) This page does not fomi part of the statutory financial statements. Page 25
Samaritans of Cornwall at Truro Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued) Total 2024 Total 2023 Directors expenses - restricted Redevelopment expenses Rates Rates - restricted Water Electricity & Gas Insuran Repairs and Maintenance Repairs and Maintenance - restricted Office & meeting expenses Office & meeting expenses - restricted pps PPS - restricted Publicity Publicity - restricted SCO Contribution (income) Sundry and bank charges Cleaning Cleaning restricted Fees Depreciation (freehold property) Depreciation (F&F) (3,029) (17,569) (318) (213) (413) 15,839) (303) {453) (5,886) (1.207) (2.481) {1,404) (504) (573) (354) (238) (223) 12,046) (1,212) (62,190) (195) (629) (453) (2,092) (134) (412) (1,463) (1,135) (24,500) {220) {972) (16) (2.211) (5,694) (1,433) (98,739) (2,754) (5,694) (1 ,626) (141,005) This page does not fomi part of the statutory financial statements. Page 26