## Boundless Trust Trustees Report and Financial Statements Years Ended 30[th] June 2024 ## **Trustees’ Annual Report for the period** **From 01-06-2023 Period start date To 30-06-2024 Period end date** ## **Charity name:Boundless Trust** ## **Charity registration number: 1192999** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|
**To advance in life and relieve the**
**needs of young people aged 0-19, with**
**a focus on young people with ill health**
**or who are socially and/or**
**economically disadvantaged through:**

**The provision of recreational and**
**leisure time activities provided in the**
**interest of social welfare, designed to**
**improve their conditions of life.**

**Providing support and activities which**
**develop their skills, capacities, and**
**capabilities to enable them to**
**participate in society as mature and**
**responsible individuals.**

**By providing mentoring and parenting**
**services to parents of young people.**

**For the public benefit, the relief of**
**those in need by reason of youth, age,**
**ill health, disability, financial hardship**
**or other social and economic**
**disadvantage in such ways as the**
**trustees may determine.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|
**We run;**

**a Youth Club once a week and**
**provide Activities for young**
**people on school meals during**
**school holidays.**

**Looe Community Meals providing**
**meals twice a week to around 50**
**people.**

**a Hardship Fund on behalf of the**
**Looe Town Council.**

**a welcome space twice a week for**
**the homeless and disadvantaged.**

**a Community Fridge scheme**| |||
**provided help with winterproofing**
**homes for those less privileged.**

**We commenced the provision of**
**a computer hub in Looe**| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have followed the guidance**
**on public benefit issued by the Charity**
**Commission.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**The trustees do not make grants in**
**cash. We do provide energy top ups up**
**to £100 to individuals in need under the**
**Hardship Fund. Apart from this no**
**grants are made.**| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|**We have in excess of 35 volunteers**
**providing over 1,000 hours of work a**
**year.**| |Other||| ## **Achievements and Performance** SORP reference |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|
**In the year Boundless Trust has**
**successfully expanded the take**
**up of the Looe Community Meals**
**scheme, the Hardship Fund and**
**Christmas meals.**

**We have continued our work with**
**Time 2 Move holiday scheme.**

**Welcome space has become a**
**regular meeting place for many**
**and the provision of community**
**fridge to compliment the**
**community freezer has been**
**welcome.**

**Youth Club has started work with**
**under 11s and provides computer**
**access to help with after schools**
**homework.**

**Approximately 250 individuals**
**have benefitted directly from our**
**work.**| |---|---|---| **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity ended the year with a**
**surplus of funds which will allow it to**
**continue into the next year with a**
**healthy reserve.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are held so that, in the event**
**of an unforeseen event, the charity**
**would be able to function for at least 3**
**months.**| |Amount of reserves held|Para 1.22|**£69,126**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**The charity’s governing document is it’s**
**Constitution**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**The Charity is constituted as a**
**Charitable Incorporated Organisation**
**(CIO)**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are appointed by a majority of**
**the Board of Trustees at the Annual**
**General Meeting. Trustees may be**
**coopted during the year and ratified at**
**the AGM.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:| |---|---|---| |||| |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Boundless Trust
Other name the charity uses N/a
Registered charity number 1192999
Charity’s principal address Sunset Cottage, Tredinnick, Liskeard. PL14 4PJ
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Paul Vyvyan Joint Chair &
1
Roach Treasurer
2 Carole Bason Secretary
3 Barnaby Barron Joint Chair
4 Martin Casserley
5 Tom Wyness
Lyndsey Morgan- Appointed 7/11/2023
6
Lundie
7 Sara-Jane Barron Resigned 7/11/2023
Alison Francis Appointed 16/01/2023
8
Resigned 17/10/2023
9 Andrew Johnson Appointed 7/11/2023
10 Barnaby Barron
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Paul Vyvyan Roach **Position (eg Secretary,** Chair **Chair, etc) Date** 12/04/2025 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxx I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: Name: Relevant professional qualification{s) or body (if any): Address: Section B Disclosure Only complete rf the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018 I have no concerns and have come across no other matters in conneckn'on with the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. . Plea￿} delete the words in t￿ckets rfthByik• not appty. 03 20£5 SAR4<7 fjLertJ, J Addrw: ooé fL13ZF Section B Disclosure (see CC32. Independent examination of charity accounts: (fweclions and guidance for examiners). any items that the examlnerwishes to disdose. IER October 2018 **----- Start of picture text -----**
Boundless Trust Charity No 1192999
Annual accounts for the period
Period end
Period start date To
01/07/2023 date 30/06/2024
**----- End of picture text -----**
## **Section A Statement of financial activities (including summary income and expenditure account)** |**Expenditure (Note 4)**
**Expenditure on:**
Tax payable
Net gains/(losses) on
investments
**Extraordinary items**
Other gains/(losses)
**_Reconciliation of_**
**_funds:_**
**_Total_**
**Recommended categories by activity**
Donations and legacies
Other trading activities
Separate material item of income
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Gains and losses on revaluation of fixed assets for the
charity’s own use
Total funds brought forward
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**
Other
Other
**Income and endowments from:**
Investments
Charitable activities
**Income (Note 3)**
Charitable activities
Separate material expense item
Raising funds|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
37,991
-
-
5,000
57,709
-
-
-
-
418
-
-
-
-
-
-
-
-|
**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05
37,991
27,319
62,709
64,363
-
-
418
-
-
-
-
-| |---|---|---| ||43,409
57,709
-|101,118
91,682| ||-
-
-
22,983
70,585
-
-
-
-|-
-
93,568
55,222
-
-| ||22,983
70,585
-|93,568
55,222| |||| ||20,426
12,876
-
-|7,550
36,460| ||-
-
-|-
-| ||20,426
12,876
-
-|7,550
36,460| ||-
-
-|-
-| ||20,426
12,876
-
-|7,550
36,460| ||-
-
-
-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-| ||20,426
12,876
-
-|7,550
36,460| ||41,084
20,492
-|61,576
25,116| ||61,510
7,616
-|69,126
61,576| **1192999** **Charity No** **Bouundless Trust** ## **Section B Balance sheet** |Guidance Note
**Current assets**
**Debtors (Note 5)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 7)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 6)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after**
**one year (Note 6)**
B14
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 8)**
B17
**Restricted income funds (Note 8)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
9,313
40,418
33,364|
**Restricted**
**income**
**funds**
**£**
-
-
100|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
- 9,313
- 40,418
- 33,464|**Total last**
**year**
**£**
13,999
-
61,116| |---|---|---|---|---| ||83,095|100|- 83,195|75,115| |||||13,539| ||14,069|-|- 14,069|| |||||| ||69,026|100|- 69,126|61,576| |||||| ||69,026|100|**-**69,126|61,576| |||||-| ||-|-|- -|| |||||| ||69,026|100|- 69,126|61,576| ||-
69,026|100|-
100
- 69,026
-|-
20,492
41,084
-| ||69,026|100|- 69,126|61,576| _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_ |Signed by one trustee on behalf of all the trustees|Date of
approval
dd/mm/yyyy
21/02/2025
Print Name
Paul Vyvyan Roach| |---|---| ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that _**Not Applicable**_ support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**Not Applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not Applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. ## **1.3 Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }. ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). **Section C Notes to the accounts (cont)** |**Recognition of income**
**2.2 INCOME**
**Donated goods**
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
**Offsetting**
**Grants and donations**
**Note 2 Accounting policies**
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
**Legacies**
**Tax reclaims on**
**donations and gifts**
These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
 it is more likely than not that the trustees will receive the resources;
 the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
**Government grants**
The charity has received government grants in the reporting period
**Contractual income and**
**performance related**
**grants**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.|Yes*
No*
N/a*| |---|---| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| |**Grants with performance**
**conditions**
**2.4 ASSETS**
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Support costs**
**Governance and support**
**costs**
**Creditors**
**Grants payable without**
**performance conditions**
**Liability recognition**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Investment gains and**
**losses**
**Settlement of insurance**
**claims**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Redundancy cost**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
The charity has creditors which are measured at settlement amounts less any trade
discounts
The charity made no redundancy payments during the reporting period.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**2.3 EXPENDITURE AND LIABILITIES**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.|Yes*
No*
N/a*| |---|---| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*

Yes*
No*
N/a*

Yes*
No*
N/a*

Yes*
No*
N/a*

Yes*
No*
N/a*

Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| ||| ||Yes*
No*
N/a*| They are valued at cost.  The depreciation rates and methods used are disclosed in note 14. The charity has intangible fixed assets, that is, non-monetary assets that do not have **Intangible fixed assets** physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and **Heritage assets** maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16. They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year **Investments** end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or **progress** net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the **Debtors** charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has investments which it holds for resale or pending their sale and cash and **Current asset** cash equivalents with a maturity date less than one year. These include cash on deposit **investments** and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. ||Yes*|No*|N/a*| |---|---|---|---| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| ||Yes*|No*|N/a*| ||||| **Section C Notes to the accounts (cont)** ## **Note 3 Income** **----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts 4,908 - - 4,908 -
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities 30,710 - - 30,710 69,484
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 35,618 - - 35,618 69,484
Charitable Youth Work
activities: 1,185 - - 1,185 9,641
Christmas Meals 530 - - 530 -
Looe Community Meals 4,158 24,008 - 28,166 12,087
Other community work - 9,982 - 9,982 -
Hardship Fund 1,000 500 - 1,500 469
Family Work - 23,719 - 23,719 -
Other - - - - -
Total 6,873 58,209 - 65,082 22,197
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income 418 - - 418 -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 418 - - 418 -
Separate - - - - -
material item - - - - -
of income - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 42,909 58,209 - 101,118 91,681
**----- End of picture text -----**
## **Section C Notes to the accounts (cont)** ## **Note 4 Expenditure** **----- Start of picture text -----**
This year Last year
Restricted Restricted
Unrestricted income Endowment Unrestricted income Endowment
Analysis funds funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Youth Work
15,722 12,977 - 28,699 4,290 28,506 - 32,796
Christmas Meals
- - - - - -
Looe Community Meals 4,578 24,008 - 28,586 16,889 - - 16,889
Other Community Work 1,140 9,882 - 11,022 - - - -
Hardship Fund 1,542 - 1,542 904 - - 904
Family Work
23,719 - 23,719 - 4,633 - 4,633
Total expenditure on charitable activities
22,982 70,586 - 93,568 22,083 33,139 - 55,222
Separate material item of expense
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE 22,982 70,586 - 93,568 22,083 33,139 - 55,222
**----- End of picture text -----**
## **Other information:** ## **Analysis of expenditure on charitable activities** |**Total**
Looe Community Meals
Family Work
**Activity or programme**
Youth Club
Holiday Activity Scheme
Winter Warmth
Other
Hardship Fund
Thursday Club
Community Fridge|**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total this**
**year**
**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
26,452
-
-
26,452 31,017
-
31,017
2,248
-
-
2,248 1,779
- - 1,779
23,719
-
-
23,719 4,633
- - 4,633
9,882
-
-
9,882 -
- - -
28,586
-
-
28,586 16,889
- - 16,889
1,015
-
-
1,015 -
- - -
52
-
-
52 -
- - -
1,542
-
-
1,542 904
- - 904
73
-
-
73 -
- - -
93,569
-
-
93,569 55,222
- - 55,222
**This year**
**Last year**| |---|---| **Section C Notes to the accounts (cont)** ## **Note 5 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ ## **5 Analysis of debtors** |**Prepayments and accrued income**
**Other debtors**
**Total**
**Trade debtors**|**This year**
**Last year**
**£**
**£**
- -
9,313 13,999
- -
9,313 13,999| |---|---| **Section C Notes to the accounts (cont)** ## **Note 6 Creditors and accruals** ## _**Please complete this note if the charity has any creditors or accruals.**_ ## **6.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts**
**or performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
- - - -
- - - -
14,068 12,515 - -
- - - -
- 1,024 - -
- - - -
- - - -
14,068 13,539 - -
**Amounts falling due**
**within one year**
**Amounts falling due after**
**more than one year**| |---|---| ## **Section C Notes to the accounts (cont)** **Note 7 Cash at bank and in hand** |**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**Last year**
**£**
**£**
- -
40,418
-
33,464 61,116
- -
73,882 61,116| |---|---| ## **Section C Notes to the accounts (cont)** ## **Note 8 Charity funds** ## **8 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Rusty Bucket R Rent and Youth worker costs 12,977 - 12,977 - - -
Looe Development Trust R Community Meals 4,516 - 4,516 - - -
Looe Development Trust R Hardship 2,999 500 - 1,541 - - 1,958
CC L:evelling Up R Family work - 28,352 - 28,252 - - 100
CC Volunteer Fund UR Youth Work 3,210 15,350 - 6,459 - - 12,101
CC Main Grant Fund UR Community Meals - 5,000 - 5,000 - - -
Lottery Cost Of Living Fund R Looe Community Meals - 24,008 - 24,008 - - -
Hubbub Foundation UR Community Fridge - 6,999 - 1,015 - - 5,984
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a 37,874 20,909 - 9,800 - - 48,983
Total Funds as per balance sheet 61,576 101,118 - 93,568 - - 69,126
**----- End of picture text -----**
**Fund balances carried forward include assets and liabilities denominated in a foreign currency** ||Yes*|No*| |---|---|---| |||| _**If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).**_ **Section C Notes to the accounts (cont)** ## **Note 9 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **9.1 Trustee remuneration and benefits** ## **This year** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** **TRUE** ## **9.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ **No trustee expenses have been incurred (True or False)** _**TRUE**_ ## **9.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ ## **This year** |**This year**|**This year**|**This year**|**This year**|||||||| |---|---|---|---|---|---|---|---|---|---|---| |**There have been no related party transactions in the reporting period (True or False)**||||||||**_FALSE_**||| |||||||||||| ||||||||||**Amounts**|| |**Name of the trustee**
**or related party**
**Relationship**
**to charity**
**Description of the**
**transaction(s)**|**Amount**||**Balance at**
**period end**||**Provision for bad debts**
**at period end**||||**written off**
**during**
**reporting**|| ||||||||||**period**|| ||**£**||**£**|||**£**|||**£**|| |**Barnaby Barron**
**Trustee**
**Youth Services provided**|10,300||-||
|||-|-
|| |**Sara Barron**
**Trustee**
**Management Services**
**id d**
**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the_**|6,905
B Barron - Self Employed Youth
Ceased Jan 24||||Worker under contract with the charity.|||||| |**_nature of any payment (consideration) to be provided in_**|S Barron - Management of Looe||||Community Meals under contract with the|||||| |**_settlement._**|charity.Resigned||as Trustee Nov 2023|||||||| CC17a (Excel) 27/03/2025 13