2021-12-31-accounts

				Page
Reference and administrative			information
				4-7
Report ofthe trustees
Independent examiner's		report
Statement offinancial	activities			9-10
Balance sheet
Notes to the accounts				12 - 14

				Restricted funds	Unrestricted	funds
					Designated	Designated
					Capital	Expendable	Income	2021	2020
			Note	f	Reserve f	Reserve f	Fund	Totalf	Totalf
Income and endowments	from:
Donations and legacies Friends of Cornish Churches Fund raising events Investment income Miscellaneous income		subscriptions		5,000			46,953 7,437 1,350 12,835	51,953 7,437 1,350 12,835	68,254 5,793 3,009 11,332 50
Totalincome				5,000			68575	73575	88,438
Expenditure on:
Cost offund raising events
Grants approved less grants Investment management fee Administration		withdrawn		14,100			27,650 2,776 4,252	41,750 2,776 4,252	37,500 2,536 6,476
Total expenditure				14,100			34,678	48,778	46,512
Net incomel(expenditure)				9,100			33,897	24,797	41,926
Transfers between funds						33,897	(33,897)
Gains/(losses) on investment		assets			11,990	11,990		23,980	(15,054)
Net movement in funds				(9,100)	11,990	45,887		48,777	26,872
Fund balances b/fwd at 01/01/2021				11,045	192,991	147,910		351,946	325,074
Fund balances c/fwd at 31/12/2021				1,945	204,981	193,797		400,723	351,946

			Restricted funds	Unrestricted	funds
		Note		Designated Capital Reserve f	Designated Expendable Reserve f	income Fund	2020 Totalf
Income and endowments from: Donations and legacies Friends of Cornish Churches subscriptions			5,000			63,254 5,793 3,009	68,254 5,793 3,009
Fund raising events Investment income						11,332 50	11332 50
Miscellaneous income
Total income			5,000			83,438	88,438
Expenditure on:
Cost offund raising events Grants approved less grants Investment management fee Administration	withdrawn		1,000 128			36,500 2,536 6,348	37,500 2,536 6,476
Total expenditure			1,128			45,384	46,512
Net incomel(expenditure)			3,872			38,054	41,926
Transfers between funds					38,054	(38,054)
Gains/(losses) on investment	assets			(7,527)	(7,527)		(15,054)
Net movement in funds			3,872	7,527	30,527		26,872
Fund balances b/fwd at 01/01/2020			7,173	200,518	117,383		325,074
Fund balances c/fwd at 31/12/2020			11,045	192,991	147,910		351,946

			2021	2020
Fixed Assets
Investments			316,371	293,312
Current Assets
Debtors CBFChurch of England Deposit Fund Walker Grips capital account Bank current account			5,597 30,039 109,064	7,241 30,039 1,221 70,196
			144,700	108,697
Current Liabilities
Accruals and Deferred Income Other Creditors Grant Creditors			4,878 120 55,350	2,719 144 47,200
			60,348	50,063
Net Current Assets/(Liabilities)			84,352	58,634
Net Assets			400,723	351,946
Unrestricted Funds
Designated Capital Reserve General fund Restricted funds - Tanner Trust, IT, communication,		training	204,981 193,797	192,991 147,910
Restricted funds —Tanner Trust, fast track maintenance Restricted funds - Emergency Funds			1,945	9,100 1,945
			400,723	351,946

						Income
						Fund	2020
Summer	entertaining					500
Cornwall Christmas Other	Churches Drinks	Day	(Ride	8	Stride)	850	1,004 2,005
						1,350	3,009

			Income
			Fund	2020
Interest Dividends			677 12,158	1,618 9,714
			12,835	11,332
Cost offund raising events
			Income
			Fund	2020
Cornwall	Churches	Day (Ride 8 Stride)
Christmas	Drinks	Party
Summer	lunch

I
nvestments	2021f	2020 f
Market Value B/fwd Additions Disposals Change in Market Value Market Value C/fwd	293,312 17,044 (17,965) 23,980 316,371	310,463 92,772 (94,869) (15,054) 293,312
	2021f	2020
Cost of investments	282206	282 116

Restrictedfunds
	B/fwd f	Income f	Expenditure	C/fwd f
Emergency Fund	1,945			1,945
Tanner Trust -fast track maintenance Tanner Trust -church maintenance	9,100 11,045	5,000 5,000	(9,100) 5,000 14,100	1,945