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|---|---|---|---|---|
|Reference and administrative|||information||
|Report ofthe trustees||||4-8|
|Independent<br>examiner's||report|||
|Statement<br>offinancial|activities|||10-11|
|Balance sheet||||12|
|Notes to the accounts||||13-15|





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||||Restricted funds|Unrestricted|Unrestricted|funds||||
|---|---|---|---|---|---|---|---|---|---|
|||||Designated|Designated|||||
|||||Capital|Expendable||Income|2023|2022|
|||||Reserve||Reserve|Fund|Total|Total|
|||||F||f.||||
|Income and endowments||from:||||||||
|Donations<br>and legacies|||||||47,854|47,854|54,326|
|Friends ofCornish Churches||subscriptions|||||5,492|5,492|5,786|
|Fund raising events|||||||7,736|7,736|8,516|
|Investment<br>income|||||||15,758|15,758|14,969|
|Miscellaneous<br>income||||||||||
|Total income|||||||76,840|76,840|83,597|
|Expenditure<br>on:||||||||||
|Cost offund raising events|||||||1,488|1,488|1,111|
|Grants approved<br>less grants||withdrawn|||||58,858|58,858|27,330|
|Investment<br>management|fee||||||672|672|3,752|
|Administration|||||||3,577|3,577|3,464|
|Total expenditure|||||||64,595|64,595|35,657|
|Net incomel(expendi<br>turej|||||||12,245|12,245|47,940|
|Transfers<br>between<br>funds||||||12,245|(12,245)|||
|Gains/(losses)<br>on investment||assets||3,324||3,324||6,648|(33,728)|
|Net movementin<br>funds||||3,324||15,569||18,893|14,212|
|Fund balances<br>b/fwd at 01/01/2023|||1,945|188,117||224,873||414,935|400,723|
|Fund balances<br>c/fwd at 31/12/2023|||1,945|191,441||240,442||433,828|414,935|





||||Restricted funds|Unrestricted|Unrestricted|funds|||
|---|---|---|---|---|---|---|---|---|
|||||Designated|Designated||||
|||||Capital|Expendable||Income|2022|
|||Note||Reserve||Reserve|Fund|Totalf|
|Income and endowments<br>from:|||||||||
|Donations<br>and legacies<br>Friends of Cornish<br>Churches<br>Fund raising events<br>Investment<br>income|subscriptions||||||54,326<br>5,786<br>8,516<br>14,969|54,326<br>5,786<br>8,516<br>14,969|
|Miscellaneous<br>income|||||||||
|Total income|||||||83,597|83,597|
|Expenditure<br>on:<br>Cost offund raising events<br>Grants approved<br>less grants <br>Investment<br>management<br>fee<br>Administration|withdrawn||||||1,111<br>27,330<br>3,752<br>3,464|1,111<br>27,330<br>3,752<br>3,464|
|Total expenditure|||||||35,657|35,657|
|Net incomel(expenditure)|||||||47,940|47,940|
|Transfers<br>between<br>funds||||||47,940|(47,940)||
|Gains/(losses)<br>on investment|assets|||(16,864)||(16,864)||(33,728)|
|Net movementin<br>funds||||(16,864)||31,076||14,212|
|Fund balances<br>b/fwd<br>at 01/01/2022|||1,945|204,981||193,797||400,723|
|Fund balances<br>c/fwd at 31/12/2022|||1,945|188,117||224,873||414,935|





||||2023|2022|
|---|---|---|---|---|
|||||E|
|Fixed Assets|||||
|Investments|||285,445|272,370|
|Current Assets|||||
|Debtors|||8,842|11,837|
|CBFChurch of England|deposit fund||99,039|30,039|
|Investment<br>manager's|capital|account|129|8,333|
|Bank current account|||128,131|144,790|
||||236,141|194,999|
|Current Liabilities|||||
|Accruals|||2,358|3,184|
|Other Creditors||||120|
|Grant creditors|||85,400|49,130|
||||87,758|52,434|
|Net Current Assets|||148,383|142,565|
|Net Assets|||433,828|414,935|
|Unrestricted<br>Funds|||||
|Designated<br>Capital Reserve|||191,441|188,117|
|General fund|||240,442|224,873|
|Restricted funds - Emergency||funds|1,945|1,945|
||||433,828|414,935|





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||||Restricted|Unrestricted|Income|||
|---|---|---|---|---|---|---|---|
||||Fund|Funds|Fund|Total|2022|
||||F|||P||
|Grants|||||30,000|30,000|40,000|
|Donations|-|Other|||10,354|10,354|14,326|
|Legacies|||||7,500<br>47,854|7,500<br>47,854|54,326|



|Friends of Cornish Churches<br>subscriptions|||
|---|---|---|
||Income||
||Fund|2022|
|Subscriptions|5,492|5,786|
||5,492|5,786|





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||||||Income||
|---|---|---|---|---|---|---|
||||||Fund|2022|
|||||||E|
|Summer|Open Days||||700|2,645|
|Christmas|Drinks||||7,036|5,871|
||||||7,736|8,516|
|Investment||income|||||
||||||Income||
||||||Fundf|2022|
|CBF Interest|||||3,212|200|
|Portfolio dividends||||and interest|12,546|14,769|
||||||15,758|14,969|
|Cost offund||raising events|||||
||||||Income||
||||||Fund|2022|
||||||E|E|
|Christmas|Drinks|||Party|1,488|811|
|Summer|Open||Days|||300|
||||||1,488||



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|Investments|||
|---|---|---|
||2023|2022|
||f|f|
|Market Value B/fwd|272,370|316,371|
|Additions|55,515|21,256|
|Disposals<br>Change<br>in Market Value|(49,088)<br>6,648|(31,529)<br>~33,728|
|Market Value C/fwd|285,445|272,370|
||2023<br>E|2022f|
|Cost of investments|279,502|271,325|





|Restricted|funds|||||
|---|---|---|---|---|---|
|||B/fwd|Income|Expenditure|C/fwd|
|Emergency|Fund|1,945|||1,945|
|||1,945|||1,945|