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Coronation ParkTrust Annual report yle 30111125
Charity number 1075882
Address 8 St Stephens Hill Launceston
Trustees remain unchanged
Our core activities have remained the running ofcoronation Park forthe benefit of local
residents.
Income on core activities was £12934 with expenses of £16836 resulting in a loss of
£3902.
Within the Park is a Leisure Centre which was leased to Cornwall Councll on a full
repairing lease 8t a peppercorn rent. The lease surrendered with the centre reverting to
the Trust. A grani in lieu of dilapidations was agreed payable in inslalmenls. During the
year £199800 was received and is ringfenced for repairs to the Centre. Expenditure of
£7200 was incurred in the period for accounting advice.
The Leisure Centre is now run by 8 local CIC and a commercial lease wlll be completed
shortly.
Repalrs afe expected to start shorlly, planning permission having been obtained.