Charity number: 1174388 Company number: CE012039 (England and Wal&s) COMMUNITY KERNOW Report of the Trustees and Financial Statements For the year ended 31 August 2024
COMMUNITY KERNOW Contents Page For the year ended 31 August 2024 Report of the Trustees Ind8pendenl Examinerfs Report lo the Trustees Stgtemenl of Flnanclal Activltles Slalement of Flnanclal Pcsition Notes to the Flnanclal Statsments 5109 Detailed Statement of Financial Activities 10
COMMUNITY KERNOW Report of the Trustees For the year ended 31 August 2024 The Trustees, who are also directors for the purpos88 of company law, have pleasure In presentlng thelr report and the financlal statements for the chatable company for the year ended 31August 2024. The Truste88 have adopted the provisions of Accounting and Reporting by Charltl8s'. Statamant of Recommended Practlce appllcable to charitl¢s preparing thelr accounts In accordan¢e wlth the Financial Reporting Standard applicable in th8 UK and the Republic of Ireland (FRS 102116ffective 1 January 20191. OBJECTIVES AND ACTIVITIES ObJ8ctlv8s and alms Th8 trustees have consldered th& Charrty Commision's guldance on publiG benefit, including the guidance 'public benefll: running a charity IPB2)'. REFERENCE AND ADMINISTRATIVE INFORMATION Name of Charlty Charlty wlstratlon numbèr Company règlstratloTh number Prlnclpal addr05S COMMUNITY KERNOW 1174388 CE012039 W85ley Chap81 Hail St Frands Road Indian Queens Cornwall TR9 6QW Trustees The trusle8s and officers servlng durlng the year and slnce the year end were as ft)IIows- Dr Charlotie Mary Allen Trn8tee8 The Irustoes and officers serving durlng the year and slnce the yèar and wer9 as follows: Trustee¥ The trustees and Offir$ serving during the year and since the year end were as follow8: Mrs Claire Ter (Resigned- 26 January 2024) Emma Elizabeth Clatworthy (Reslgned: 11 October 2023) Lisa Jane How8s Dr Sarah Bryail8n Jose Mrd Annelle GS11 {Resigned: 28 February 2024} Secrglary Dr Charlolle Mary Allen Independent oxamineTS Ernma Haen FCCA Approved by the Board of Trustees and signed on its behalf by 23 May 2025 Dr Charlotte Mary Allen 1of10
COMMUNITY KERNOW Independent Examiners Report to the Trustees For the year ended 31 August 2024 I report to the Irusle83 on my examlnallon of the ac(y)unt5 of th8 ch•itable company for the year ended 31 August 2024. R9sponslbllftlos and basls ol report As tho ¢harity frustees, who are also directors for the wrposes of company law, are re5ponsiblg for the preparallon of the accounts In accordanc8 with tha requirements of the Companies Act 2(X)6 ('Iha 2008 Act,). Havlng satlsfiad myself that tha a¢¢ounts of the Company arg not rèquired to ba auditèd under Part 16of the 2006Acl and are eligible for independont examlnallon, I report In respect of my ex&mination of your charity'8 accounts carried out under s&ction 145 of the Charftlos Act 20111'the 2011 Act'l, In canylng out my examlnallon I have followgd the Directions given by the Charity Cofflmission under sectlon 14515}Ib) of thè 2011 Ad. Indapgndent examlners $tst•m8nt I have completed my examlnatlon. I confinn that no rnatters have come lo my attentlon In connectlon with the 8xamlnaJon glvlng me cause to believe that in any material respect: . accounting record8 were not kept In r8spect of tha Company as required by 8ection 386 of the 2008 Act,. or 2. th8 accounts do not accord with Ihose records. or 3. the accounts do not Gomply wilh the requlremenls of sectlon 396 of the 2006 A¢1 other Ihan any requirement that the accounts olve a 'tru9 and falr VIe whlch is not a matter coNsid8red as part of an independent examlnallon., or 4. the accounts have not been prepared In accordanc& wlth the methods and prinGlples of the Slalemenl of Recommend Practlce for accounting and reportlng by charities appllcabte to charftles preparlng Ihelr aOUnts In aGGordance with tho Financial Reporting Standard applicable In the UK and RepubllG of Ireland {FRS 1021. I have no concems and have com8 across no olhgr matters In connedion with the examination to which attantlon should ba drawn in this report In order to enable a proper understanding of the a¢UnIS to be rea¢hed. Emma Hawk&n FCCA 23 May 2025 2of10
COMMUNITY KERNOW Statetnent of Financial Actlvities (includlng Income and Expenditure Account) For the year ended 31 August 2024 Nots8 Unrestrlcted funds 2023 Income and endowments from: Donalions and legacies Charitable aclivlllos Pro School Olher trading actlvlles Fund ralslng events Inve81menls Bank interest receivable Totsl 1,271 4,014 106,154 86,835 1.195 1,756 329 132 108,949 92,737 Expenditure on: Charitable aclivilies Pre School 617 1103,4631 (103,4631 (92,330) 192.3301 Total Net Incom• 5A86 407 Reconciliation of funds Total funds brought forward Total funds ¢arrled forward 56,596 62,082 56,189 5fj.596 3of10
Reglstered Number '. CE012039 COMMUNITY KERNOW Statement of Financlal Position As at 31 August 2024 Noto$ 2024 2023 Flxed a$$o1s Tengible a&8ets 11 1,281 1,261 1,401 1,4Q1 Cent assets Debtors 12 10 55,179 55,189 Cash at bank and in hand 60,615 80,815 Credltors.. amounts falling due wlthln one year 13 Net ¢urront assets 60,821 62,082 SS,185 58,596 Total a8S8ts loss ¢urrgnt Ilabllltles Net a8s9ts 62,082 56,596 Th•funds oftho charfly Unrestrict1 incom8 fvnds 14 82,D82 62,082 56,596 56,596 Total funds For the year ended 31 August 2024 th6 CA)mpany was entitled lo exemplion from audll under sectlon 477of the Cofnpanies Act 2006 r61allng to smau companies. The mombers have not requlred th& company to obtain an audit of ils account8 for the ar in questlon In accordance wlth seGtlon 476. The trustees acknowledge Ihelr responslblllles for Complying with the requiremen18 of th8 Act WFth respecl to accounting r6cords and the preparation of aGwullls. Th8se accounts hav9 been prepared in accordan with the provlsions applicable lo companies sublect to the small companles, regime. The flnandal Statements were approved and 8Uthorlsod for issue by the Board and signed on it8 behalf by: Dr Charlotte Mary Allen Truste8 23 May 2025 4of10
COMMUNITY KERNOW Notes to the Financial Statements For the year end6d 31 August 2024 l. Accounting Poli&$ Ba$1$ of accountlng The financlal 81atemgnls have been prepared under the hislori¢al Cost convention, except for inv88trn&nts whlch ar9 in¢luded al market value and the revalLJation of certaln fixed assets and In accordan¢e wth the Charities SORP IFRS 1021 'Aocounting and Reportlng by Charities-. Stalèmenl of Recommendgd Pracllce appllcablo lo chari118s prgparfng thalr accounts in accordance with th8 Financial R6POrting Standard appll¢abl• In the UK and Republi¢ of Ireknnd IFRS 102) {&ff8¢1ive 1 January 2019),, Flnancial Rowrtlng Standard 102 the Financial Reportlng Standard appllcabla In the UK and RepubliG of Ireland (FRS 1021, and the Companies Act 2006. COMMUNrrY KERNOW meets the deflnition of a publlc ben&flt 9nlity under FRS 102. Assets and liabililies aro initially recognlsed al historical Gost or transacllon value unles5 olherwise stated In lh6 r&levanl accountlng pollcy note(sl. 2. InGomg from donatlons and legadgs 2024 2023 UnrestrlGted funds Donation5 rec8ivod 1,271 3,764 250 Grants received 1,271 4,014 3. Income from charltable aGtivrtie$ 21J24 2023 Unrestrlcted funds Pro SGho Parties 106,1S4 86.835 4. Income earned from other actlvltles 2024 2023 Unrestrlcted funds Fund raising events 1,195 1,756 1.195 1.756 Included in Donations18 the transfor of funds from the uniGorporatèd charty We31ey PrSchool charity number 1028407. 5of10
COMMUNITY KERNOW Notes to the Financial Statements Contlnued For the year ended 31 August 2024 S. Investmont Income 2024 2023 Unroslrlctsd fund8 Bank Interest receivatAe 329 132 329 132 6. C06ts of chirftablè actlvltles by fund type 2024 2023 Unr9$tr1¢led funds Pre School 103,463 92,330 7. Costs of charltable actlvlties by actlvlty ty 2024 2023 A¢tivitios undertaken dlrèctly Pre School 103,463 92,330 8. Net incomellexpendithrel for thg year This 18 Stat9d aft6r chargingl{credltlng).' 2024 2023 Depreciation of owned fixed assets 140 156 9. Staff ¢08t$ and omolumènts Total staff c05t5 for the year ended 31 August 2024 were., 2024 2023 Salaries and wages Social 8e¢urty costs 84,138 4,030 79,827 1,847 88,168 81,674 2024 2023 Staff 6of10
COMMUNITY KERNOW Notes to th8 Financial Statements Continued For the year ended 31 August 2024 10. Comparallve for the Statement of Flnanclal Aetlvltlos Th8 comparative year values on the Stalem9nl of Financlal Actlvltès ar8 for unresblcted funds. 11. Tanglbl6 flxed a8s0ts Plant and aGhlnory Cost or valuatlon At 01 Seplember 2023 At 31 Augu3t 2024 2,355 2,355 Depre¢latlon At 01 September 2023 Charge for year At 31 August 2024 Net book values 954 140 1,094 Al 31 August 2024 1,261 At 31 August 2023 1,401 12. Debtors 2024 2023 Amounts due within gne year: Other debtor8 io 10 13. Credltors.. amounts falllng duo Ythhln on8 year 2024 2023 Othor ¢rgdltors 161 {61 {6) 16) 7of10
COMMUNITY KERNOW Not8S to the Financial Statements Continued For the year ended 31 August 2024 14. Movement In funds Unrestrlctsd Funds Balance at 01109r2023 Incoming resources Outgoing resources Balance at 3110812024 General Pfe School 56,596 108,949 1103,483) 62,082 56,596 108,949 1103.463) 02,082 Unr8strlct8d Fund5 . Pr8vlous ygar Balance at 0110912022 Incoming resourGe$ Oulgoing resour¢e$ Balance at 3110812023 G6neral Pre School 56,189 92.737 {92,3301 56,596 56,189 92,737 (92.3301 56,596 Purpose of unrestrfcled Funds Pre School The running of a Pre School, 15. Analy818 of net asset8 belween funds Tangib lixed assets Net current assets I 111obllitlo8) Nèl Assats Unrgstrlctgd funds Gene1 Pre School 1,261 60,821 62,082 1,261 60,821 62,082 8of10
COMMUNITY KERNOW Notes to the Financial Statements Continued For the year ended 31 August 2024 Pr8vIou5 yr Tanglbl flxgd assets Not current tBI N•tAssots Unrestrld¢d fund8 Ganeral Pre Sch)ol 1A01 55,195 56.596 1,401 55,195 56,596 gof10
COMMUNITY KERNOW Detailed Statement of Flnancial Activities For the year ended 31 August 2024 2024 2023 INCOME AND ENDOWMENT Donation¥ and legaGieg Donations Grants r8celvab19 1,271 3,784 250 1,271 4.014 Charitable activltles Incomo fvom charitsb16 acllvlt16S Pre School For@sl School Toddlers 85,613 104,991 344 819 676 106,154 86,835 Other tradlng actlvStle8 Fund raislng 6venls 1.195 1,756 1,195 1,7S6 Invgstmgnts Bank Inl8rest r8calvabl6 329 132 329 132 Total incoming resouThs 108,949 91737 EXPENDrruRE Charitable a¢tivlties Cost of dlrect charStsb18 acllvlly Staff costs - wages & salarfes staff Costs - soclal security costs Depreclallon - owned assets Tralnlng Rent Light & Heal Insurance Rgpair & Renewals Telephone Unlforms Printlng. Postage & Statlonary Advertislng Refreshrnents CRB Checks Sundries & Subs¢ription8 Accountancy Bank Charges (6761 184,138) {4,030) (140} (376} (9,2261 (8731 179,8271 {1,8471 11561 117TI 13,612) {823) (762) 1394) 1558} 1251} (1.288) 1119} 1162} 1372} 16461 {360) {103) 1790} 1540} 16221 {2001 11,3111 1821 120) 162) {783) (390} (971 {103,4631 (92,330) Total r950urces expended {103,4631 (92.3301 Net Income 5h86 407 10of10 This page doe8 not form parl of the statutory flnanclal statements