Charity number.. 300523
CAMBORNE COMMUNITY CENTRE
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
? Bishop Fleming

CAMBORNE COMMUNITY CENTRE
CONTENTS
Page
Reference and Administrative Detsil$ of the Charity, its Trustees and Advisers
Trustees. Roport
Independent Examiner's Report
statement of Financial Activities
8alance Sheet
Notes to the Financial Statements
8-22

CAMBORNE COMMUNITY CENTRE
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
Cllr V Dalley, Vice Chair
Mrs D Butler, Secretary
Mrs T Harvey
Mrs R J Charman, Chair
Mrs P Coumbe
Mrs L Glynne-Rule
Mr F Colman lappoinled 20 January 20221
Mr R Bennett lappointed 22 June 20221
Charlty reglstered
number
300523
Prlnclpal offlce
Camborne Community Centre
South Terrace
Camborne
Cornwall
TR14 8SU
Accountants
Bishop Fleming LLP
Chartered Accountants
Chy Nyverow
Newham Road
Truro
Cornwall
TR12DP
8ankers
Lloyds Bank
Market Square
Camborne
Cornwall
TR14 8JT
Sollcltors
Walters and Barbary
18 Bssset Road
Camborne
Cornwall
TR14 8SG
Page 1

CAMBORNE COMMUNITY CENTRE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The Trustees present their annual report together with the financial statements of the Charity for the 1 April 2021
10 31 March 2022.
Objectives and activities
a. Policies and objectives
Camborne Community Centre is a charitable association established by a constitution dated 13th November
1937 following the gift lo the town of the building in South Terra￿, Camborne. This action was confirmed in a
deed dated 28th January 1948 which forms the governing document of the Charity and details of such are
lodged with the Charity Commission.
The objects of the Charity are to encourage and promote mental, cultural, and physical development and
recreation for the inhabitants of Camborne and ils immediate area. It provides meeting spaces and facilities for a
wide variety of activities.
The Trustees have given careful consideration to the Charity Commission's general guidan￿ on public benefit
when setting the objectives of the Charity.
Achievements and performance
a. Review of activities, progress and achievement
The community centre continues to attract new users and is a vibrant hive of activity for Camborne and
surrounding villages.
The nel financial result of the yearfs activities is a surplus of £180,760 and details of the results of each funding
stream can be found in the notes to the accounts. (These include a monetary value for the depreciation for the
Charity's fixed assets of £17,001).
The Charity's total reserves at the year end were £756,620 of which £700,556 is derived from fixed assets.
b. Fundraising activities and income generation
Camborne Community Centre and the Donald Thomas Centre provide a wide range of rooms and spaces lo
hirellease lo a broad range of community groups including Girf Guides, Cambome Town Band, Citizens Advice
Cornwall and Alcoholics Anonymous.
Occupancy rates continue to be satisfactorily high.
c. Going concem
The Trustees have made appropriate enquiries and continue lo be confident that the Charity has adequate
resources lo operate successfully for the foreseeable future. The Charity secured funding in year to begin a
refurbishment project at the Community Centre. The Trustees believe the the refurbishment project will help
increase demand for lettings and thus increase the Charity's revenue.
Page 2

CAMBORNE COMMUNITY CENTRE
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Achievements and performance (CONTINUED}
d. Reserves policy
The Charity does not have a formal reserves policy, bul does have reserves in restricted funds totalling £641,339
bul most of this sum relates lo the value of properties owned by the Charity and is also reflected in the light of
historic claw-back clauses in grants made lo the Charity for capital projects. The Charity has unrestricted funds
of £115,281 at the year end.
The total sum of cash reserves within the reslricled funds is £29,734 representing £28,493 owned by the Charity
as the result of a previous sale of property Iknown as the Tea Treat Field) which may only be spent with the
consent of the Charity Commission and £1,241 of cash which is restricted lo the refurbishment project.
structure, governance and management
a. Constitution
The Charity is controlled by ils governing document, a Deed Of Trust, and is an unincorporated Charity. A Deed
dated 28th January 1948 confirms the authenticity and intention of the original documentation and taken
together, these documents are the 'controlling document, which is held by the Charity Commission.
A minor administrative change was approved al the AGM on 9th December 2013 (approved by the Charity
Commissioners 27th March 2014 under s280 Charities Act 20111 enabling the minimum number of Trustees lo
be 7 and the maximum 15.
b. Methods of appointment or election of Trustees
Management of the Charity is the responsibility of the Trustees as elected or co-opted under the terms of the
Trust Deed.
c. New trustees
The Charity is continually looking for new Trustees to join the board bul have found it quite difficult lo allracl new
members. We are, however, planning to seek new membership among the client groups using the community
cenlre.
d. Organisational structure and decision making
The Charity is administered by a management committee consisting of Chair, VI￿ Chair, Secretary and
Treasurer, bul on most occasions Ihroughpul the year, all Trustees allended the regular monthly meetings.
Day lo day administration is carried out by a paid adminislralor who is responsible for bookings and overall
management of the premises in accordance with the policies of the management committee.
The administrator attends the monthly meetings where any issues are aired and in the event of an emeryency
the chair is the first port of call.
The Charity also employs a part-time cleaner who makes sure that all rooms are in good order for the bookings
and helps with setting up the rooms for specific client needs.
Page 3

CAAIBQRNE COMMUNITY CENTRE
TRLISTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 I￿￿1Cm 2022
StruGtur•tr 9overnano• and manag•m•nt ICOfrThlNUÉD)
o. Risk manag•mgnt
11 1$ the duty of the Trustees to identify and k88p under review risks vthich might affect the Charity and to ensu
appropriate controL8 are in pkn indudirYJ against frdLtd and eThor. Throughout the pen(Kl the Trustees have
8OU9ht lo idcntfy those ri¥kE at)d to put By%t•ms in plac8 whlth mitMJ8tA aoainst @XPDsure to s￿h problern5.
f. 0￿r￿10n￿ finan¢ial contn
SFC and Book-k8eTN'ng Services {Susan Fleet-chapmanl o)ntinues to wovide the TTUStees wlth regular
infomatbn and updates on the day to day finanual operations of the Charity. ToJether wth the administrator,
SFC operate5 a Sy5tetn of ¢Axiift)I, o¥£ro¢Eing PayTnents and involun9 10 oll dcbtors and ernditors r&gulgting
811 d8bt rnanagement measuT&S.
Tlie Charity has no hiatorical debla.
STATEMENT OF TRUSTEES. RESPONSIBILMES
The Trustses ars responsibk for prep3¥tng the Tru8198s' RewKt and the finanual statements in accordance wtth
applicatle law arKt United Kingdom A￿u￿b.￿g Standards (Unrted Kingd(Mn Generamy Accepted AcLounting
Prath"c*).
The law appI￿at* to charities in Ergland & Wales requires the Trustees to prepa￿ financial stalemenls for
each finanoal whth give a tru8 and faw of thg State of affairs of ihe Charity of its incoming fesourc85
a￿1 apFAicaknn of resoUr￿S. iTKJuding its inco￿￿ and eX￿ndItuTe, for that peritml. In prepanr¥J these linancial
8tste￿nts. Trustees are requireLt to..
S8￿cl suilaNe accouniing policies 8nd then ap￿Y them con$istènly.
obsèrve the methtxls ar￿ principles of the Charities SORP IFRS 1021"
make judgments an¢J acuJuntrNJ eslimales that are reason8tAe and prudent,.
stale wh8thar applicable UK A¢￿UntIng Slandafds IFRS 1021 have been followed, subjg¢tto any malèrtral
departures d￿￿OSed ar¥J explained in th& financial statements:
prepare the financial slaternents on the goin9 concem basis unless rt is inapproprfjate to presumè that Ihe
Charity will wntinue in business.
The Trustees a￿ reSpoTr%￿e for keepiTh3 adequate accounting re¢tyds thal are sufficient to 3lxiw and exrdain
the Charitys transactions dis(aos8 wilh Tgasonable a(xxJracy at any lime the financtal position of th8 Charity
a￿j enable them to anSu￿ thal the financial statements cK)mply with the Ch8riti8s Act 2011, the Chanty
(Accounts and Reports) Regulatlons 2008 and Ihe provisions of the Twst deed. They are also reswnSIb￿ lor
safeguarding the assets of the Chanty and hence fortsking TeascThgble steps lor the prevention detection of
fraLwJ and other irrewlaribes.
Apwoved by order of the n￿nbel5 of Ihe board of Trustses and signed tsn tt*ir behalF by.
e_j
Mrs R J Chamian
Ichair ol Trustees)
Date..
31, 1.XoL3
Page 4

CAMBORNE COMMUNITY CENTRE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Independent Examiner's Report to the Trustees of Camborne Community Centre {'the Charity'l
I report lo the charity Trustees on my examination of the accoLJnts of the Charity for the year ended 31 Marth
2022.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'lhe 2011 ACVI.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have ft)Ilowed the applicable Directions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent Examiner's Statement
Since the Charity's gross income ex￿eded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member
of the Institute of Chartered Accounlanls in England and Wales, which is one of the listed bodies.
Your attention is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and RepLJblic of Ireland IFRS 1021 in
preference to the Accounting and Reporting by Charities". Statement of Recommended Practice issued on 1 April
2005 which is referred to in the exlanl regulations bul has been withdrawn.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or
the accounts do not accord with those records., or
the accounts do not comply with the appIl￿ble requirements con￿MIng the form and conlenl of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other mallers in connection with the examination to which
attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stsle to the Charity's
Trustees those mallers l am required lo slate to them in an Independent Examiner's Report and for no other
purpose. To the fullest exlenl permitted by law, I do not ac￿p1 or assume responsibility lo anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
A Oliver
Blshop Flemlng LLP
Chartered Accountsnts
Chy Nyverow
Newham Road
Truro
Comwall
TR12DP
Dated.. 31 January 2023
Page 5

CAMBORNE COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
Unrestricted
funds
2022
Restricted
fund$
2022
Total
fund$
2022
Total
funds
2021
Note
INCOME FROM:
Donations and legacies
Charitable activitie$
Investments
22,308
54,732
234,356
256,664
54,732
52,441
21,761
39
TOTAL INCOME
77,042
234,356
311,398
74,241
EXPENDITURE ON:
Charitable activities
other expenditure
73,926
3.164
53,257
127,183
3.164
84,626
1,692
TOTAL EXPENDITURE
77,090
53,257
130,347
86,318
Nel Ilossesllgains on investments
12911
12911
1,236
NET MOVEMENT IN FUNDS
1481
180,808
180,760
110,8411
RECONCILIATION OF FUNDS:
Total funds brought forward
Nel movement in funds
115,329
1481
460,531
180.808
575,860
180.760
586,701
110,8411
TOTAL FUNDS CARRIED FORWARD
115,281
641,339
756,620
575,860
The Statement of Financial Activities includes all gains and losses recognised In the year.
The notes on pages 8 10 22 form part of these financial statements.
Page 6

CAMBORNE COMMUNITY CENTRE
BALANCE SHEET
AS AT 31 MARCH 2022
1022
2021
FIXED ASSErs
Tangible assets
Investments
700.556
26.494
548,379
26,784
727,0
575,163
CURAÉKf ASS￿$
Debtors
Invp.strnent5
10
55,830
2,000
10.210
4,624
2,000
25,513
Cash at bank and In hand
68,040
32,137
Creditors: amwnts faltirwj dlte wilhin one
year
12
{31A87)
122.4451
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
UABIUTIES
36.153
763,203
584.855
CradiloTS.' amounis falling dua after more
than one year
{6.5831
18.YY51
TOTAL NET ASSErs
756,620
575,860
CHARITY FUNtYs
Restricted fun(*s
Unrestricted funds
14
641,339
460.531
General fvnds
14
115281
115.329
Total unresth.cted fijnds
14
115,2ei
115,329
TOTAL FUNDS
756,620
575,860
The finanryol statements were approved and 8Uthorised for Issue by the Trustees and sign*J on thelr behalf by..
Mrs R J Chammn
Ichair of Trustees)
Date-.
The noles on pagès 8 to 22 fom p&1 of thesè financial stst8m8nts.
Page 7

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
GENERAL INFORMATION
Cambome Community Centre is a Charity in England. The address of the registered office is given in the
charity information on page 3 of these financial statements. The nature of the Charity's operations and
principal activities are lo encourage and promote mental. cultural and physical development and
recreation for the inhabitants of Cambome and its immediate vicinity.
ACCOUNTING POLICIES
2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities". Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20151, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved following the Charities SORP IFRS 1021 published on 16
July 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practi￿ effective from 1 April 2005 which has Sin￿ been withdrawn.
Camborne Community Centre meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise ststed in
the relevant accounts'ng policy.
2.2 GOING CONCERN
The financial statements have been prepared on a going concern basis.
Al the year end, the statement of financial activities Ipage 61 showed a surplus for the year of
£180,760 12021." deficit of £10,841) The Trustees are mindful that the surplus reflects the income
re￿iVed in year relating lo the propety refurbishment grant.
Trustees are also monitoring the cashflow forecasts of the Charity very closely and taking action as
required. Thus Trustees continue lo adopt the going concern basis of accounting.
Page 8

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING POLICIES (Continued)
2.3 INCOME
All income is recognised once the Charity has entillemenl to the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is tsken as the eadier of the dale on which either.. the charity is aware that
probate has been granted, the estate has been finalised and notification has been made by the
execulorlsl lo the Trust that a distribution will be made, or when a distribution is received from the
estate. Receipt of a legacy, in whole or in part. is only considered probable when the amount can be
measured reliably and the charity has been notified of the executor's intention to make a distribution.
Where legacies have been notified lo the charity, or the charity is aware of the granting of probate,
and the criteria for income recognition have not been met, then the legacy is treated as a contingent
asset and disclosed if material.
Donated services or facilities are recognised when the charity has control over the item, any
conditions associated with the donated item have been met. the receipt of economic benefit from the
use of the charity of the item is probable and that economic benefit can be measured reliably. In
accordance with the Charities SORP IFRS 1021, the general volunteer time is not recognised and
refer lo the Trustees, report for more information about their conlribLJlion.
On receipt, donated professional services and donated facilities are recognised on the basis of the
value of the gift to the charity which is the amount the charity would have been willing lo pay lo obtain
services or facilities of equivalent economic benefit on the open market,. a corresponding amount is
then recognised in expenditure in the period of receipt.
2.4 EXPENDITURE
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, induding support costs
inVo￿ed in undertaking each activity. Direct costs attributable lo a single activity are allocated directly
to that activity- Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resoLJrces. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on direcUy undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 GOVERNMENT GRANTS
Govemmenl revenue grants are credited to the Statement of Financial Activities as the related
expenditure is incurred.
Page 9

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING POLICIES (Continued)
2.6 TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible fixed assets are capitalised and recognised when future economic benefits are probable
and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incLJrred lo bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Assets in the course of construction are included al costs incurred to date. Depreciation on these
assets is not charged until they are brought into use.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate
that the carrying valLJe of any fixed asset may not be recoverable. Shortfalls between the carrying
value of fixed assets and their recoverable amounts are recognised as impairments. Impairment
losses are recognised in the Statement of financial aclivilies.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives.
Depreciation is provided on the following bases..
Freehold property
Plant and machinery
Fixtures and fillings
Office equipment
1 OOA on cost and 20A on cost
5 years straight line
100/0 reducing balance
3 years straight line
2.7 INVESTMENTS
Fixed asset investments are a form of financial instrument and are inilialty recognised al their
transaction cost and SLJbsequenlly measured at fair value at the Balance Sheet dale, unless the value
cannot be measured reliably in which case it is measured al cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'GainsllLossesl on
investments, in the Statement of Financial Activities.
Investments held as fixed assets are shown al cost less provision for impairment.
2.8 INTEREST RECEIVABLE
Interest on funds held on deposit is induded when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.9 CASH AT BANK AND IN HAND
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
Page 10

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ACCOUNTING POLICIES (Continued)
2.10 LIABILITIES AND PROVISIONS
Liabilities are recognised when there is an obligation at the Balan￿ Sheet date as a result of a past
event. it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay lo settle the debt or the
amount it has reTrived as adVan￿d payments for the goods or services it musl provide.
Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cosL
2.11 FINANCIAL INSTRUMENTS
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.12 FUND ACCOUNTING
General funds are unreslricled funds which are available for use at the dIsC￿tiOn of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes lo the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page11

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
INCOME FROM DONATIONS AND LEGACIES
Unrestricted Restricted
funds
funds
2022
2022
Total
funds
2022
Donations
Grants
Government grants
424
424
550
234,356
234.906
21,334
21,334
22,308
234,356
256,664
Government grant funding received relate lo business support grants as a result of COVID-19.
Unrestricted
fvnds
2021
Reslricled
funds
2021
Total
funds
2021
Donations
Grants
Government grants
1,995
4,892
34,251
1,995
4,892
45,554
11,303
41,138
11,303
52,441
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
funds
2022
Total
funds
2022
Community Centre Hall Hire
54,732
54.732
Unreslricled
funds
2021
Total
funds
2021
Community Centre Hall Hire
21,761
21,761
Page 12

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ANALYSIS OF EXPENDITURE BY ACTIVITY
Activities
undertaken
directly
2022
Support
costs
2022
Total
funds
2022
Community Centre Hall Hire
38,342
88,841
127.183
Activities
undertaken
directly
2021
Support
eosts
2021
Total
funds
2021
Community Centre Hall Hire
33,854
50,772
84,626
Anatysis of support eosts
Total
funds
2022
Total
funds
2021
Depreciation
Refurbishment costs
2,394
38.650
3,425
4,736
15,003
1.308
743
1,624
1,304
290
10,443
1,282
10,176
916
Rent and water
Insurance
4,142
10,386
2,034
303
577
Heat and light
Telephone
Postage and stationery
Sundries
Cleaning
Bank charges
Repairs and maintenan
Subscriptions
Accountancy fees
Bookkeeping fees
678
133
12,568
2,160
5,417
4.233
88,841
50,772
Page 13

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
INDEPENDENT EXAMINER'S REMUNERATION
The independent ex8mine¢s remuneration amounts to an independent examiner fee of £3,13512021
£2,850).
STAFF COSTS
2022
2021
Wages and salaries
23,318
19,324
The average number of persons employed by the Charity during the year was as follows..
2022
No.
2021
No.
No employee re￿iVed remuneration amounting lo more than £60,000 in either year.
During the year, no Trustees re￿iVed any remuneration12021.' £NILI
During the year, no Trustees re￿iVed any benefits In kind12021.' £NILI
During the year, no Trustees re￿iVed any reimbursement of expenses12021.' £NILI
Page 14

41
Q < L)

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
FIXED ASSET INVESTMENTS
other fixed
asset
investments
COST OR VALUATION
At 1 April 2021
Revaluats'ons
26,784
12901
At 31 March 2022
26,494
NET BOOK VALUE
At 31 March 2022
26,494
AT31 MARCH 2021
26,784
All the fixed asset investments are held in the UK.
10. DEBTORS
2022
2021
DUE WITHIN ONE YEAR
Trade debtors
other debtors
3,461
1.678
46.135
4,556
1,305
Prepayments and accrued income
VAT recoverable
3,319
55,830
4,624
11. CURRENT ASSET INVESTMENTS
2022
2021
Unlisted investments
2,000
2,000
Page 16

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Bank loans
Trade creditors
Other laxalion and social security
other creditors
Accruals and deferred income
2,250
15,381
90
1,005
17,342
28
4,061
14,166
31,887
22,445
13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022
2021
Bank loans
6.583
8,995
Included within the above are amounts falling due as follows..
2022
2021
BETWEEN ONE AND TWO YEARS
Bank loans
2,159
2,049
BETWEEN TWO AND FIVE YEARS
Bank loans
4,424
6,946
The loan relates to £10,000 provided to the Charity under the govemmenl's COVID-19 Boun￿ Back
Loan Scheme.
Page 17

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14. STATEMENT OF FUNDS
Statement of funds - current year
Balance at
31 March
2022
Balance at 1
April 2021
Gainsl
(Lossesl
Income Expenditure
UNRESTRICTED FUNDS
General Funds - all fvnds
115,329
77,042
77,0901
115,281
RESTRICTED FUNDS
Tea Treat Field Sale
SITA grant
THI grant
Bemard Sunley
Other f￿ehOld improvement
funds
Refurbishment of South
Terrace
28,784
25,800
99,139
2,580
{291}
28,493
25,145
96,635
2,515
16551
12.5041
1651
23,809
13511
23,458
280,419
234,356
49,6821
465,093
460,531
234.356
153.2571
{291}
641,339
TOTAL OF FUNDS
575,860
311,398
{130,3471
{291}
756,620
Page 18

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14.
ststement of funds Icontinuedl
Statement of funds - prior year
Balance at
31 March
2021
Balance at
1 April 2020
Gainsl
(Losses)
Income Expenditure
UNRESTRICTED FUNDS
General Funds
112,876
62,938
160,4851
115,329
RESTRICTED FUNDS
Tea Treat Field Sale
SITA grant
THI grant
Bemard Sunley
Other freehold improvement
funds
Refurbishment of South
Terrace
I Will Fund
27,548
26,400
101,434
2,640
1,236
28,784
25,800
99,139
2,580
16001
12,2951
1601
24,352
15431
23,809
291,451
111,0321
111,3031
280,419
11,303
473,825
11,303
125,8331
1,236
460,531
Balance at
31 March
2021
Balance at
1 April 2020
Gainsl
(Losses)
Income Expenditure
TOTAL OF FUNDS
586,701
74,241
186,3181
1,236
575,860
Page 19

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14.
ststement of funds Icontinuedl
Restricted funds
Coronavirus Job Retention Scheme- This represents funding received from the government in respect of
the Coronavirus Job Retention Scheme.
Tea Treat field sale -This represents the funds received from the sale of donated land, which can only be
used for projects with the Charity Commission's approval.
The SITA, THI, Bernard Sunley and other grants represent funds received in 2015 towards the renovation
of the freehold propety- These fLJnds have been fully spent in 2015 and the expenditure capitalised. The
balances on these funds will reduce in line with depreciation year on year.
Refurbishment of South Terrace The Charity accepted a grant in 2003 of £228,617, which increased lo
£271,909 in 2004. from The Comwall Regeneration Fund for the refurbishment of South Terrace.
Comwall CoLJncil, as successors to Kerrier District Council, have a legal charge over the propety for 25
years from the 2nd of September 2002. If the propety is disposed of in that period then the grant may be
repayable.
The Charity received a grant during 2004 of £150.000 from the Home offi￿ in partnership with the
Kerrier District Citizens Advice Bureau for the refurbishment of South Terrace. If certain conditions are
not mel the grant may be repayable.
The Charity received a grant during 2003 and 2004 of £97,288 from the Kerrier Neighbourhood Renewal
Fund for the refurbishment of South Terrace. If the terms and conditions of the offer document are not
met the grant may be repayable.
The Charity received funding towards the Refurbishment of the South Terrace from Cornwall Council
lotalling £234,356.
Page 20

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
15. SUMMARY OF FUNDS
Summary offunds- current year
Balance at
31 March
2022
Balance at 1
April 2021
Gainsl
(Lossesl
Income Expenditure
General funds
Reslricled funds
115,329
460,531
77.042
234,356
177.0901
153,2571
115,281
641,339
{291}
575.860
311.398
{130.3471
{291}
756.620
Summary offunds- prlor year
Balance at
31 March
2021
Balance at
1 April 2020
Gainsl
(Losses)
Income Expenditure
General funds
Reslricled funds
112,876
473,825
62,938
11,303
160,4851
125,8331
115,329
460,531
1,236
586,701
74,241
186,3181
1,236
575,860
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Analysis of net assets between funds - current year
Unrestricted Restricted
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
121,410
579,146
26,494
45,525
19,8261
700,556
26,494
68,040
31,8871
16.5831
22,515
122,0611
16,5831
TOTAL
115,281
641,339
756,620
Page 21

CAMBORNE COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Icontinuedl
Anatysis of net assets between funds - prior year
Unrestricted
funds
2021
Reslricled
funds
2021
Total
funds
2021
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Creditors due in more than one year
116,632
431,747
26,784
2,000
548,379
26,784
32,137
122,4451
18,9951
30,137
122,4451
18,9951
TOTAL
115,329
460,531
575,860
17. CAPITAL COMMITMENTS
2022
2021
CONTRACTED FOR BUT NOT PROVIDED IN THESE FINANCIAL
STATEMENTS
Acquisition of tangible fixed assets
33,321
18. RELATED PARTY TRANSACTIONS
A large proportion of the income from the hire of meeting rooms is from organisations that r￿UladY use
them and have the right lo representatives acting as Trustees of the Cenlre. Hire charges to these
organisations are all charged al the full applicable rate.
No individual organisation contributes more than 50/D of the total income arising from hire charges, except
from Citizens Advice Bureau £8,377 12021.. £10,2391, Sharief Healthcare Limited £7,476, Girf Guides
£4,610, and Annette School of Dancing £2,262.
During the year, room hire income of £2,262 was received from Annette School of Dancing lotaling
£2,262 12021.. £7901 all of which has been re￿iVed by the year end. Mrs T Harvey, a Trustee, is the
proprietor.
19. CONTROLLING PARTY
The Charity is under the control of the Trustee$.
Page 22