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





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Administration||withdrawn||14,100|||27,650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





||||Restricted funds|Unrestricted|funds|||
|---|---|---|---|---|---|---|---|
|||Note||Designated<br>Capital<br>Reserve<br>f|Designated<br>Expendable<br>Reserve<br>f|income<br>Fund|2020<br>Totalf|
|Income and endowments<br>from:<br>Donations<br>and legacies<br>Friends of Cornish Churches<br>subscriptions|||5,000|||63,254<br>5,793<br>3,009|68,254<br>5,793<br>3,009|
|Fund raising events<br>Investment<br>income||||||11,332<br>50|11332<br>50|
|Miscellaneous<br>income||||||||
|Total income|||5,000|||83,438|88,438|
|Expenditure<br>on:||||||||
|Cost offund raising events<br>Grants approved<br>less grants <br>Investment<br>management<br>fee<br>Administration|withdrawn||1,000<br>128|||36,500<br>2,536<br>6,348|37,500<br>2,536<br>6,476|
|Total expenditure|||1,128|||45,384|46,512|
|Net incomel(expenditure)|||3,872|||38,054|41,926|
|Transfers<br>between<br>funds|||||38,054|(38,054)||
|Gains/(losses)<br>on investment|assets|||(7,527)|(7,527)||(15,054)|
|Net movement<br>in funds|||3,872|7,527|30,527||26,872|
|Fund balances<br>b/fwd at 01/01/2020|||7,173|200,518|117,383||325,074|
|Fund balances<br>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<br>CBFChurch of England<br>Deposit Fund<br>Walker Grips capital account<br>Bank current account|||5,597<br>30,039<br>109,064|7,241<br>30,039<br>1,221<br>70,196|
||||144,700|108,697|
|Current<br>Liabilities|||||
|Accruals and Deferred<br>Income<br>Other Creditors<br>Grant Creditors|||4,878<br>120<br>55,350|2,719<br>144<br>47,200|
||||60,348|50,063|
|Net Current Assets/(Liabilities)|||84,352|58,634|
|Net Assets|||400,723|351,946|
|Unrestricted<br>Funds|||||
|Designated<br>Capital Reserve<br>General<br>fund<br>Restricted funds - Tanner Trust, IT, communication,||training|204,981<br>193,797|192,991<br>147,910|
|Restricted funds<br>—Tanner Trust, fast track maintenance<br>Restricted funds - Emergency<br>Funds|||1,945|9,100<br>1,945|
||||400,723|351,946|



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



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



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



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