2022-04-03-accounts - Cornwall Hugs

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		SORP reference
Summary	ofthe purposes of	Para 1.17	The objects ofthe charity are forthe public
the charity as set out in its			benefit, the relief and assistance of people
governing	document		in need who are suffering from distress,
			trauma, bereavement and/or displacement
			following disasters, accidents, conflict, ter-
			rorism and/or crime (induding the victims of
			such events and members ofthe emer-
			gency services and other support workers
			involved atthe scene or in the aftermath of
			such events, which shall indude (without
			limitation) the Grenfell Tower Fire) in such
			ways as the charity trustees think fit, in par-
			ticular (but without limitation) by the provi-
			sion of, or assistance in the provision of hol-
			idays, respite breaks, and other therapeutic
			activities to such people and their immedi-
			ate families in order to provide respite and
			to promote their recovery, and the conduct-
			ing, commissioning and publication of re-
			search into the effectiveness ofsuch activi-
			ties in the recovery ofsuch persons.
Summary	ofthe main activi-	Para 1.17and 1.19	In the fourth year ofits existence as a CIO,
ties in relation to those pur-			with the Covid pandemic still causing uncer-
poses for the public benefit,			tainty and rapid regulation change in the
in particular, the activities,			UK, Cornwall Hugs' trustees found it hard to
projects orservices identified			identify suitable, viable charitable work for
in the accounts.			the charity to pursue.

Statement confirming	The trustees have had regard tothe guid-	The trustees have had regard tothe guid-
whether the trustees have	ance issued by the Charity Commission	on
had regard tothe guidance	public benefit.
issued by the Charity Com-
mission on public benefit

					SORP reference
					Para 1.38
Policy on	grant making
					Para 1.38
Policy on	social investment
including	program		related	in-
vestment
						Volunteer	contribution	was limited to that
Contribution		made	by volun-		Para 1.38	offered by	the trustees	this year.
teers
Other

			With	the Covid pandemic	the Covid pandemic	still causing ongoing	still causing ongoing
			sues	and rapid change	in	the UK, the trustees
Summary of achievements	the main ofthe charity,	Para 1.20	found work	it hard to identify for the charity to	suitable, pursue.		viable charitable
identifying the difference
the charity's	work has made
tothe circumstances of its
beneficiaries	and any wider
benefits to society asa
whole.

			r ara 1.41
Achievements		against objec-
tives set
Performance		offundraising
activities against objectives			Para 1.41
set
Investment	performance		Para 1.41
against objectives
Other

cial	Review	Review
Review	ofthe charity's		fi-		Para 1.21	In its fourth year ofoperation, the charity
nancial	position atthe		end			received only 810 in donations and miscel-
ofthe period						laneous income, and incurred expenditure ofF1,770. Having begun the year with re-
						serves of839,732, it meant that the charity
						ended the financial year with a balance at
						the end ofthe financial year of
						F37,971. The charity's expenditure was
						purely on administration and ITcosts
						(f1,770) in order to maintain infrastructure,
						web and social media presence.
Statement explaining			the		Para 1.22	The charity began its fourth year with re-
policy for holding reserves						serves of839,732. In the expectation that
stating	why they are	held				the flow ofdonations would lessen as time
						elapsed since the tragedy, and that also
						the offering ofsuitable holiday accommo.
						dation by local providers would similarly
						lessen, the intention ofthe trustees was to
						use its reserves to continue to provide holi-
						days into the fourth year ofits existence.
						Once again this proved impossible be-
						cause ofthe ongoing Covid pandemic, with
						uncertainty and changes in regulations
						making the essential longer term planning
						for respite holidays unfeasible. At the same
						time the need for care worker isolation ac-
						commodation was less acute. There was
						also a depletion ofavailable, suitable holi-
						day let accommodation in Comwall for
						both Grenfell survivors and care home
						workers because ofthe unprecedented
						boom in UK holidays that year. Throughout
						the year the charity maintained solidarity
						support for the Grenfell community via the
						web, social media and direct contact. In
						March, following the invasion of Ukraine,
						the trustees began to consider how the
						charity might support Ukrainian refugees
						amving in Cornwall.
Amount ofreserves		held			Para 1.22	F37,971
Reasons for holding		zero		re-	Para '22	Not applicable
serves
Details	offund materially			in	Para 1.24	Not applicable
deficit

Explanation	ofany uncer-	There are no	uncertainties	about the char-
tainties about the charity		ity continuing	as a going	concern.
continuing	as a going con-
cem

The charity's principal	Para 1.47
sources offunds (Induding
any fundraising)
Investment policy and objec-
tives including any social in-
vestment policy adopted
A description ofthe principal	Para1.46
risks facing the charity
Other

Description	ofcharity's
trusts:
Type of governing document		Para 1.25	CIO Foundation	Constitution
How isthe	charity consti-	Para 1.25	CIO
tuted?
Trustee selection methods		Para 1.25	Trustees must be natural persons aged
induding details ofany con-			over 16,and at	least one trustee must be
stitutional	provisions e.g.		over 18. The existing trustees are able to
election to	post or name of		select and appoint new trustees by a resolu-
any person or body entitled			tion in a meeting	ofthe trustees. In select-
to appoint	one or more trus-		ing new trustees	regard must be had to the
tees			skills, knowledge	and experience needed
			for the effective	administration ofthe CIO.

Policies and procedures		Para 1.51
adopted forthe induction	and
training oftrustees
The charity's organisational structure and any wider net-		Para 1.51
work with which the charity
works
Relationship with any related		Para 1.51
parties
Other

Charity	name	name		Cornwall	Hugs
Other name		the charity uses
Registered		charity	number	1177796
Charity's	principal		address	cfo Clive	Pearce Ltd
				31 Lemon	Street
				Truro
				TR1 2LS

s held as custodia	n tr	ustees on
Description ofthe assets		None
held in this capacity
Name and objects ofthe		Not applicable
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details ofarrangements	for	Not applicable
safe custody and segregation
ofsuch assets from the char-
ity's own assets

Other o tional information

O		CHARITY COMMISSIO FOR ENGLAND AND WALE	CHARITY COMMISSIO FOR ENGLAND AND WALE	CHARITY COMMISSIO FOR ENGLAND AND WALE	CHARITY COMMISSIO FOR ENGLAND AND WALE	CHARITY COMMISSIO FOR ENGLAND AND WALE	CHARITY COMMISSIO FOR ENGLAND AND WALE	Receipts and pa	Receipts and pa	1177796 ments accounts	1177796 ments accounts			CC&ea
								Forthe period
								from	04/04/2021		03/04/2022
						~	~	~
								Unrestricted funds	Restricted funds	Endowment funds	Total	funds		Last year
								to the nearest 5	tothe nearest 5	to the naa rant 5	tothe neatest		5	tothe naaraat 5
A1 Recei
Donaaona								10					10	21,919
Booking refund														1,300
u	tots				ross mcome		r
							AR)	10					10	23,219
A2 Asset		and	investment sales,
see table		.
					I' al		al~10~~~~2341~
A3 Pa ments
Guest Accommodaaon					Coaia									5,517
Admineiraaon		Costs						1,770
						Sub total		1,770				1,770		10,631
A4 Asset		and	investment
						Sub total
				Total Payments				1,770	-		-	1,770		10,631
Net ofrecelptsl(paymenfsj								1,70				1,76		12,560
A6 Transfers			between			funds		10,019	10,019
A6 Cash	funds			last year end				29, 13	0, 19
Cash funds					fhls	year end		37,971				37„$71		3$,7S2

~			~	~		~ ~	~	~ ~
					Unrestricted		Restricted				Endowment
	Ca(egories		Details		funds			funds			funds
					to nearest 9		to lleareat		9		to nearest 9
81Cash	funds		Cash at bank			37,971
			Total	cash t'(rods		37,971
			(agree ba(apace w(ih madras aad payments
				eeeeem(e) )
					Unrestricted		Restricted				Endowment
					funds			funds			funds
			Details		to nearest 9		to nearest		9		to nearest 9
82Other	monetary assets
			Details		Fund asset	towhich belon a	C	t(~		I)	Cunentvalue tional
83Investment		assets
			Details		Fund asset	towhich baton s		(~		l)	C anent value o na
84Assets retained forthe
charity's	own	use
					Fund	towhich	Amount due				When due
			Details		llabil	relates		o	I		o hal
85 Liabilities
Sgned by one or two trustees on behalf ofall the trustees			Signature			Print Name					Date of a royal
						Andrew	Holt
CCXXR2 accounts (SS)											26/Of /2023