## ## ## ## ## |||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|Para 1.18|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|is-| |---|---|---|---|---|---|---|---|---| ||||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-|Para 1.23|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|