Company registration number.. 4315251
Charity registration number.. 1089634
Trelya
(A Company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2023
Community Accounting Plus
Units l & 2 North West
41 Talbot Street
NGI 5GL

Trelya
Contents
Reference and Administrative Details
Trustees, Report
2to8
Independent Examiner's Report
Statement of Finat]cial Activities
Ioto 11
Balance Sheet
12
Statement of Cash Flows
13
Notes to the Financial Statements
14to24

Trelya
Refer¢n¢¢ and Administrative Details
Trustees
Roderick James
Antony Penhaul
Philippa McKnight
Nigel Walker
Emma Favata
Carol Bosworth
Jill Try
Carolyn Whelan
Katharine Heron
Gilly Gallauher
Comelius Olivier
Sarah Davey
Sharon Rich, Executive Director
Catherine Keene, Director of Operations
Alison Elvey, Finance and Adininistration Director
Senior Management Tea
Charitv Registration Number
1089034
Cornpany Registration Number
4315251
Registered Office
The Legcudjack Centre
Penmere Close
Penzance
Cornwall
TR18 3PE
Independent Examiner
John O'Brien, employee of
Commiinity Accounting Plus
Units l & 2 North West
41 Tglbot Street
Nottill￿barn
NG15GL
Page I

Trelya
Trust¢es' Report
The trustees. who are directors for the PUTP05es of company law, present the ai)nual report tObFether with the
financial Statements of the charitable cotnpany for the year ended 31 March 202i.
Trustees and officers
The trnstees and officers serving during the year and sin¢e the year end were as follows..
Trustees..
Roderick James
Antony Penhaul
Philippa McKnight
Nigel Walker
Caroline While (resigned 6 December 2022)
Emma Favata
Carol Bosworth
Jill Try
Carolyn Whelan
Katharine Heron
Gilly Gallagher
Cornelius Olivier
Sarah Davey (appointed 4 April 2023)
Secretary..
Caroline White (resigned 6 tkcember 2022)
Strueture, governance and management
Nlllure ofgoverming documenl
The Lharity is a company limited by guarantee and rtgistertd charitw. It is operated under the ￿leS ol. its
memordndum and articles ot. association dated I l Noveinber 2001 and most recently amended 12 Noveniber
2019. It l)as no share capital and tl)e liability of each Inember in the event ol'winding-up is limited to one penny.
Recruilmenl ￿ppOin1￿e￿I oflruslees
New trustees are recruited from the local community. All new trustees are briefed on the activities, finances and
policies of the ¢hariry as ￿.ell gs being provided with the Charity Cominission guide 'The Essential Trustee.
ICC3) on their induction. Triistees give their time voluntarily and receive no benefits from the chgrity.
Organisalioiiffilstruclure
Trustees are elected by the members in General Meetings and serve lor three years after which period they may
put themselves up ftsr rt-election. The trustees hold at least foiir regulai n)eetings each year. Operational n)atters
are dealt with by the Executive DiieLtor and the Senior Management Team.
Page 2

Trelya
Trust¢es' Report
Objeetii'es and aetivities
Objects aims
'[ rclya's objccts per the governing document are to enhance, for public benefit, the development and education
of children and yoiing people up to 25 years old, and to advance education and relieve poverty among those in
need in the UK, especially but not limited to, West Cornwall including the Isles of Scilly,. and to provide
recreational and leisure time facilities in the interests of social welfare for those inhabitants.
Trelya, named after the Comish word for change, is an independent organisation based in Penzance. The aims ol.
the charity are to break the generation cycle of social exLlusion. We i+ere set up in 2001 to work with children,
young people and their lamilies lacing severe economic and social deprivation to develop the skills. know'ledge.
awareness, motivation, and aspiration tl) help them make genuine positive decisions and choices about their
lives and futures. To enable them to prevent negative outcomes and to become productive contributing members
of society.
We work with childien and lainilies experiencing social and ecoi)omic deprivation actively seeking out the
hardest to reach and, through ini)ovative appioaches, inttiTmally engaging them in prts¥rammes to make positive
decisions about their lives.
Based is the Penzance East ward, where OL￿ work is primarily focussed, the nearby Treneere Estate is isolated.
ral, coastal and considered the second most deprived area in Cornwall, and falls into England's worst 10/0 for
income deprivation, 31 for overall deprivation and 81 for health deprivation IIOMD 2019). w jth 520/0 of
children living iii poverty. It 15 in the top 2Q/o of the poorest wards in the UK with deprivation on a par with tlie
n105t deprived inner-city area5 of London. BITMIngha￿ and Manchester.
The children, young people and families we support ¢xperience a combination of 4 or mor¢ of the following..
Abuse.. Physical, Emotional, Sexual.
. Neglect.. Physical, Emotional.
Household dysfunction.. Poor mental health, Substance abuse.
Domestic violence; Parental conflict and/or a Parent in prisLIn.
Trelya strives to break that cycle.
Trelya runs several projects that seek to engage childrcn, young people and families that need or would bcncfit
from intervention on a long-temi basis. Our programmes are about voluntary engagement, and are as accessible
as possible. with participants engaging in our activities alongside mainstream siipport. We enable them to
develop their personal and social skills, posltive friendship networks and address key issues to develop their
knowlcdge. awareness. and aspirations. to make positive, healthy choices about their futures.
Our programmes fall into three main categories (with Crisis Support WL)rk running across all three). providing a
holistic approach..
Page 3

Trelya
Trust¢es' Report
Skylar- Early Years and Fainily Support (EYFS)
Trelya's 'Outstanding' Ofsted registered specialist nursery provides individualised support to pregnant women
and children aged 0-4 and Iheir parents. Support takes a '360-degree holistic approach- considering and working
within all areas of each Child's life- home, nursery gnd community providing Continuity and serving gs a link
between the different aspects.
Through Skylar. each child engages in over 15 hours a iveek of individualised support across the EYFS
curriculum and additional services including family support. partnership I￿Ork and home visiting. This
interveniilin supports young families to overcome complex obstacles to providing a caring. nurturing child
friendly environment for their children, as well as working with young parents to reduce the severity and impact
of mental health issiies.
As Trelya has been embedded in the community for over ti¥enty years. marginalised parents. often refusing to
engage with other providers. Irust us and access our services. We aim through our programmes for children to
become socially, emotionally, and physically developinentally equal ivith their peers by the time they siart
school and have a much greater chance of leading healihier. happier and more positive lives.
One of Skylarfs key aim5 15 to addres5 the high leve15 of educational di5enfraiichisement and st￿ctural
ineqllalitie5 experienced by the local cotnmunity by deliverin¥ the EYFS frainework in a flexible and innovative
'ay that respond5 to these children as individiia15. For example only 3 lQ/o of 5 year olds frotn thi5 community
achieve expected leve15 in EYFS priine area5 compared to 70% nationally {Department for Education 2019}. We
recogi)ise the impact of intervening as early as possible. so the preferred entry wiiit lor children and lamilies
eniering our programmes is through Skylar. Skylar has invested significantly in additional support for SEN
Lhildren as the range and amount ol. additional need in our younger cohort has increased. This has resulted in
most children being assessed as 'seh(y)I ready, when they leave Skylar to begin primary school. in line with
national ligures.
Gallos- Youth and fainily work
Trelya's award winning youth and family programme provides 12 years of support through school & college for
each child transitioning from Skylar. as well gs working with children and yoiing people aged 5 to 25.
Intervention is shaped to fit each child's needs and through their Trelya journey. Each child accesses a diverse
and individiially tailored weekly programme of asset-based activities that coinbines sports, arts, cominiinity
engagement and travel to develop essential life and social skills, alongside real, relevant, inclusive & accessible
"15siie based" education. The prograinme includes weekly mentoring, group sessions & intensive family work
led by a team of specialist and multidiscipline Trelya WOTkers.
Each week. the team offers a range of sessions iailored to the needs of our youth and families. Offered activities
include healthy cooking. in school sessions. swimming lessons. breakfast clubs. homework, I to I support
sessions. training, outdoor activities. cycling. games, mentoring sessions. issue-based work (looking at
emotional and physical wellbeing), advocacv. and we also have a comprehensive creative offer including music,
drama and arts. Within these varied sessions we aim to help yoiing people increase their resilience and
communication skills, develop coping stratcgies for dealing with home life, increase their self-worth and
s¢lf-confid¢nce and ¢ncoiirage th¢m to better engage with school or with the community.
The youth and family team work across all of our projects helping to ensure that Trelya is offering holistic
intervention to all of our children, youth and families. They have ￿Orked with over 80 people in this time period
which includes, children. youth and and family members over the year. Navigating the impact of social
withdrawal and isolation on our children. young people and families has been a challenge and our work h&s
adapted innovatively and sensitively to newly emerging needs and obstacles.
Gul
Page 4

Trelya
Trust¢es' Report
Gul 15 an intensive Eiiropean funded pro￿￿[￿￿¢ that work5 Wlth people aged 18+. M'ho are furtherest from the
labour tnarket, to progress towards employinent aii(Vor training. Support. from the Start, identifies long tetin
goals and Inoves participants toward5 these. Gul IneaninbFfully raises aspirations and overcomes key i5SUeS
.hich previously prevented participants moving into job search, einploytnent or futiire trainiiig. Building
participant5 confidence to acliieve their bFoals is an integFral part of Gul. Siipport in g5roup workshops is provided
lor 15 hours each week. over i days, for 6 months, plus a range of individualised support.
The team provides weekly lessons with an Adiilt Education tutor, where participants work towards a
qualifjcation such as digital skills,. as well as weekly healthy relatiot]ships sessions delivered by Pentreath
Recovery College. Other opportunities include leaming to cook healthy nieals,. gaining a Level 3 Paediatric First
Aid and Level 2 Food Safety and H￿gi¢￿t qualifications. physical activity such as swimrning: lijiking with
Cornwall Wildlife Trust to do beach cleans, rockpooling and boat trip5; making. mending sessions and iniich
more. Holistic individualised siipport as iiell as support for the whole fainily is also provided. this includes l.. I
emotional 5UPPOrt. counselling, attending ineetings with other profe5siona15 ai)d family activities, for example,
taster tennis se55ions.
This EU funded project ended on 31 st March 20?3 ￿1th incredible results where 770/0 of participants moved in
to work, training or fiirther education. Further funding has been secured to continiie this project until 3 1st March
2025.
Trelya provides a unique organisation wide. holistic, wrap around service. Woven into all of the aix)ve 3
programmes are..
Crisis Support and Intervention
We are cominitted to crisis intervention. The Trelya team works with families to avert or navigate crisis. We
provide immediate response and soliitions to challengFe5 such as homelessness and food poverty. Althougjh not a
separate proLFramine oiir crisi5 SllPPOrt is a key part of our work that trdll5cends all other projects. Diie to the
nature of our long-tenn and t1115ted relationships witl)in the commiinity we are often the first, or only afwency,
that people turn to in a crisis. We offer practical and emotional 5UPPOrt, advocacy. and supported referrals to
othtr specialised agei)¢ies where appropriate. c.rises may include homelessness, don)estic violence,
safeguarding, evictions. food and fuel poverty. health care nteds. assault. substance Inisuse and Child protection,
and we also address everyday needs and ¢on¢ems (e.g., C.hildren's devtlopn)ent needs, lamil>' conflict, and
behaviour n)anagement).
We have welcomed several new children and families into Skylar over the last year and children have also
successfully transitioned from Sk}'lar to school benefitting fToin their Skylar family worker visiting them in their
new school and liaising with the school and family to address any communication or confidence issues. These
children have a range of coinplex needs and are a Inixtiire of referrals from Together for Families Social Work
and Health Visiting teatns, along with children known tts U5 as 5iblin¥s Of exi5tin¥ children.
A new Skylar SENCO ivas apLX)inted and supported to gain her SENCO accredited award ensiiring that capacity
to meet increasingly diverse needs could be increased. Sessions such as Music Therapy and Play Therapy for
Children who have experienced signifi&￿t traiima are also offered during a child's time in Skylar, which has a
positive iinpact on the childTcn s emotional ￿.e11-beln& self-confjdence and self-cstcem. Skylar has, in part,
been funded by the VCSE Hcalth and Wellbeing Fund Starting Well from the Department of Hcalth & Social
Care.
Page 5

Trelya
Trust¢es' Report
Skylarfs outdoor offer lined to emotioiial ivell-bein¥F and improved health outcoiMe5 has been continued throii
regFular Forest School activitie5 511ch as M'eekly breakfasts cooked and enjoyed tog5ether outside. Trips to local
area5 of interest have resumed to include outings for the whole fainily enabling them to catch up on lost
opportunities during the pandemic and biiild lastinb Posltive Ineinories. Significant increases in the number of
childreii requiring5 medical treatment and h05Pltalisation for respiratory illnesses led to the setting lip of bespoke
health visitor clinics to support lainilies who had dealt with a series ol. stressful incidents in relation to their
Children suffering from worrying and distressing symptoms.
The Skylar leavers joined our Skylar 'graduates' who are already either in reception, Year 1, 2 or 3 at school.
OL￿ Children, Young People and F￿lli]y WoA(er has woA(ed closely with local schools to offer the children
in-school support sessions. The fatnily work is very varied and currently incllldes.. drop in sessions, housing
support, in school sessions iiith children. family park I play sessions, walking children to school {with and
'ithout parents), crisi5 SUPPOrt, helping adults to acce5S Other agencies and initiatives (such a5 Who Dares
Woiks, the Hou5el)old Support Fund). enablin¥ children to acLeSS eXtra-LU￿1cll7ar dctivitie5 (boxing, judo.
¥ymnastics etcl. providin¥ acces5 to ther(IPlSts and counsellor5. 5UPPOrt with 'life administration 5uLh as
beiietit5 lotn)s. debt mana¥em¢nt and school pdperwork, positive parenting, and linkin¥ in with health to ensure
family health needs are being n)et.
The Minack Theatre have been running weekly session5 at Trelya throughout the year and we have also worked
with the Tate of St Ives during school holidays.
Our crisis response and safeguarding work continues to weave through everything else, sadly the demand h&s
been higher due to Covid and the escalating cost of living crisis. We have been supporting families ￿1th hospital
visits. helping to navigate families through particularly difficult safeguarding situations and we also continue to
supply (or link into supplies ofj food. clothing and essential household equipment. The multi-agency work h&s
continued and goes from strength to strength gs we continue to play our part in the multi-di%ciplinary effi)rt to
keep children and families as safe and healthy as possible.
The GUL Skills Development Project has built on its initial success throughout the year. This project focuses on
adults far from the labour market and helps them move towards employment. education or training. The project
supports people to remove the barriers they face in their lives and move forw'ard positively. Gul covers w'ork
towards a Maths or English or Digital Skills qualification. careers advice, physical activities such as swimming
cycling and Zumba: mental w'ellbeing workshops,. money management advice: first aid; cooking. singing: music
produrtion and many other artivities that help adlllts build confidence to become fit for work.
77Q/o of adults on the project have progressed into education. training, einployment or job search on leaving the
project. For those leaving Gul. funding has been secured to host a popular Friday moming session to keep the
support going and reduce feelings of isolation and loneliness.
Throughout the year frelya have worked with 219 children, young people and families.
The GUL Building Project started in July 2021. to transform Trelya's Reception. Social Room and Daisy Room
in The Lescudjack Ceiitre. The development created a new refreshed reccption area and office, the Gul Youth
and Arts Space and the Gul Community Cafe, Kitchen and Training Hiib. The Youth and Arts Space is
illuminated by a wonderfiil light instsllation created by Lighting Artist Peter Freeman.
The Youth and Arts space hosted a "Tate fakeover" in October half temi hosted by the Tate L)f St Ives and
continues to welcome young people and families into the space. The Cafe opened in January and acted as a
Warmth Hub supponing the community. The "Pay it Forward" scheme enables people to donate a meal to
someone in need. Already the Café has helped Trelya engage with neiv families by providing a welcoming
space.
Room bookings have steadily increased as lockdown rules eased with bookings near to pre•pandemic levels.
Page 6

Trelya
Trust¢es' Report
We have extended our partnetship workinb throiighout the year and have hosted vi5lts including.. Colonel
Edward Thomas Bolitho, OBE, Lord Lieutenant of CoTnwall and the 151e5 of Scilly, the Tnistees from the
Diichy Health Charity, Representative5 from the Departnient of Health & Social Care. Lady Mary St Levan.,
Councillor Barbara Ellenbroek, CoTnwall Council Portfolio Holder for Children and Familie5', Meredith
Teasdale, CoTnwall Council StrategFic Director for fogFether for Familie5; Kate Evan-HubFhes, Service Director
lor EduLation and Community Health.. Barbara Vann, Chair Diichy Health Charity; John Clements. Independent
c.hair Our Safeguarding Children Partnership for Coinwall and Isles of Scilly", amongst others.
Public benefit
The trustees confinn that they have complied with the requirements of section 17 of the Charities Act ?01 I to
have due regard to the piiblic benefit guidance published by the Charity Commission for England and Wales.
Financial review
Policy on reserves
The Triistees consider it necessary to maintain sulTicient reserves to maintain the building and sustain the
charity over six months. Our ciirrent position is that we have unre%trict¢d net current as%ets of £288,420
{2022..£230,795) Ivhich equates to approximately 4.3 (2022..4.2) months, averagFe total expenditure.
Statement of Responsibilities
The trustees (who are also the director5 of Trelya for the PUTP05es of CO￿panY law) are responsible for
preparit]g the trL15tees' report and the financial stateinents in accordance with applicable laiv and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice), including FRS
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" The report and accounts
have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company la1￿ requires the irustees to prepare financial statements for each financial year. Under company law
the trusiees musi not approve the financial siatements unless they are saiisfied that they give a true and fair view
of the slate of affairs of the charitable company and of the incoming resources and application of resources.
including its income and expenditiire. of the charitsble company for thai period. In preparing these financial
statements, the triistees are required to..
select suitable accounting policies and apply them consistently,.
observe the methods and principles in ihe Chariiies SORP:
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standard5, compri5in¥ FRS 102 have been followed, subject to any
material departures di5c105ed atjd explained in the financial 5tatement5', and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitsble company ivill continue in business.
The triistees are responsible for keeping proper ac¢ounting records that can disclose with rea%onable accuracy at
any time the financial position of the charitable company and enable them ti) en%ure that the financigl statemcnts
coinply with the Companies Act 2006. They are also responsible for safegFuarding the assets of the charitable
coinpany and hence for taking reasonable step5 for the prevention and detection of fraud and other irregFularities.
The trustees are resptsnsible lor the n)aintenance and integrity of the corporate and financial information
incliided on the charitable company's website. Legislatioi) goveming the preparation and disseniination of
financial statements may differ from legislation in other jurisdictions.
Sn]all eornpanies provision Statement
This report has been prepared in accordance with the small Climpanies regime under the Companies Act 2006.
Page 7

Trelya
Trust¢es' Report
The annual report was approved by the trustees of the charity on 0511212023 and signed on its behalf by..
RuderiLk' Jaines
TrUS￿e
Page 8

Trelya
Independent Examiner's Report to the trustees of Trelya {'the Company,)
Independent examiner's report to the tru5tee5 of Trelya ('the Company,)
I report to the charity trustees on my exainination of the accounts of the company for the year ended 31 March
2023.
Responsibilities #nd basi5 of report
As the charity'5 trllstees of the Company (and a150 Its directors for the PUTP05es of company law) you are
responsible for the preparation of the account5 in accordance with the reqiiirements of the Cornpanies Act 2006
{'the 2006 Act.).
Having 5at15fied myself that the account5 of the Company are not reqiiired to be audited under Part 16 of the
2006 Act and are eligible lor independent examination. I report in respect of Iny examination ol. yoiir charity's
accounts as carried out under section 145 of the c.harities Act 2011 {'the ?01 l Act,). In carrying out my
examination I have follow'ed the Directions given by the Charity Cominission under section 145(5Xb) of the
2011 Act.
INdepeNdent examiNer'5 5tstement
Since the Company's gross income exceeded £2.f O,(X)O your examiner must be a member of a body listed in
section 145 of the 201 l Act. I confimi thai l am qualilied to undenake the examination because l ani a member
and Fellow of the Association of Charity Independent Examiners. ￿'hICh is one of the listed bodies.
I have completed my examination. I confim) ihat no matters have come to my attention in connection with Ihe
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the CO￿panY as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records,. or
3. Ihe accounts do not comply with the ac¢ounting requirements of section 396 of the 2006 Act other than any
requirement Ihat the accounts give a 'true and fairf view which is noi a matter considered as part of an
independent examination; or
4. the accounts have not been prepared in accordat]ce with the methods and principles of the Stateinent of
Recominended Practice for accounting and reporting by Lharities lappliLable to Lharities preparing their
aLcounts in aLcorddnce with the Finaiicidl Reportin¥ Standard applicable in the UK and Republic of Irelai)d
(FRS 102)]
I have no concems and have come across no other matters in connection with the examination to which attentilin
should be drawn in this report in order to enable a proper iinderstsnding of the accounts to be reached.
l.ien ￿￿sC, FAIEI, FCCA, FCIE, einployee of Coinmunity Accounting Plu5
Fellow of the Association of Charity Independent Exaininers
Units l & 2 North West
41 Talbot Street
NottinJ(T am
NGI 5GL
Date..
0611212023
Page 9

Trelya
Statement of Finaneial Attivities for the Year Ended 31 Mareh 2023
(Ineluding Income and Expenditure Aecount and Statement of Total Reeognised Gains
and Losses)
{As restated)
Total
2022
Total
2023
Unrestricted
Restrieted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading aciiviiies
Investsnent income
16.i,620
14,934
68,429
335
165,620
605,602
68,429
3)5
8,132
754,309
45,547
590,668
Total income
249,318
590,668
839.986
807.997
Expenditure on:
Charitable activities
{i19,594}
(489.5731
(809.1671
(725,568)
Total expenditure
(i19,594}
(489.5731
(809.1671
(725,568}
Net lexpenditureyinLome
Transfers between ￿ndS
(70,276)
167,181
101.09f
30,819
82,429
Net movement in fui)ds
96,905
(66,086)
30,819
82,429
Reeoneili#tion of funds
Total ￿ndS brought foTward
741,606
140,980
882,-i86
800,157
Total ￿lldS catTied fonvard
14
838,511
74,894
913,405
882,586
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for the period is shown in note 14.
The note5 on pages 14 to 24 form an integral part of these financial statements.
Page 10

Trelya
Statement of Finaneial Attivities for the Year Ended 31 Mareh 2023
(Ineluding Income and Expenditure Aecount and Statement of Total Reeognised Gains
and Losses)
These are the figure5 for the previou5 accounting period and are included for comparative purposes
Unrestricted
Restrieted
Total
funds
funds
2022
£ (As restated)
Note
Income and Endowments from:
Donations and le¥acie5
Charitable activities
Other trdding a¢tivities
Investment income
8,132
8,li2
7.$4,309
754,309
45,547
Total income
53,688
754,309
807,997
Expenditure on..
Charitable activities
(45,106)
{680.462}
(725.568}
Total expenditure
Net income
Transfers between lunds
(45,106)
{680.462}
(725.568}
8,582
189,095
73,847
{189.095}
82,429
Net movement in funds
197,677
{115,248)
82,429
Re¢on¢ilia¢ion of funds
Total funds brought forward
543,929
256,228
800,157
Total funds carried forward
14
741,606
140,980
882,$86
The note5 on pages 14 to 24 form an integral part of these financial statements.
Page 11

Trelya
(Registration number: 4315251}
Balanee Sheel as at 31 Mareh 2023
2023
2022
£ (As restated)
Note
Fixed assets
Tangible assets
550,091
510,811
Current assets
Debtors
Cash at bank and in hand
10
80,234
304,751
32,647
367.676
384,985
400,323
Creditors: Amounts falling due within one year
12
(21,671)
(28,548}
Net current assets
363,314
371,775
Net assets
913,405
882.586
Funds of the charity:
Restrieted income funds
Restricled funds
74,894
140,980
Unrestrietcd ineome funds
Uniestiicted funds
838,511
741,606
Total funds
14
913.405
882,586
For the firtanc1￿ }tar ending 31 March 2023 the chariti was entitled to exemption from audit under section 477 of the Companies Act 2N
relating th small Comp￿les.
The members have iiol required tlie chariryto obtain all aiidit of Lis accouiils for tlie}'ear In question In accordance with section 476. and
-l-h¢ dire¢￿ts a¢k-noMltJg¢ th¢ir r¢sponsibilili¢s for ¢omplying with lh¢ r¢quir¢m¢nts ofih¢ A¢1 wilh r¢sp¢¢i 10 a¢¢ouniirtg reC￿r￿S attd
lh¢ pr¢paraiiDrt ofa¥¢ounis
These finwicial stateineiits liave beeii prepared in accordance ￿1th the skEGial pmyisions relaiing lo companies subject lo the SMDII
companies regime witliiii Patt 15 ofthe con7p￿lIeS Act 2W6
The financial statements on pages 10 to 24 were approved by the trustees, and authorised for issue on
0511212023 . and signed on their behalf by..
Type text he
Anioiiy Pejiliaul
Triistee
The note5 on pages 14 to 24 form an integral part of these financial statements.
Page 12

Trelya
Statement of Cash Flows for the Year Ended 31 March 2023
(As restated)
2022
2023
Note
Cash tlows from operating activities
Net cash in¢ome
30,819
82,429
Adjustments to cash nows from non-cash items
Depreciation
Investment income
34,343
(335}
19,521
(9}
101,941
64,827
Working capital adjustments
Increase in debtors
{Decrease)lincrease in creditors
10
(47,i87)
16,877}
{331)
8.440
Net cash floivs from 0￿ratIng activities
10.363
110,050
Cash flows from investing aetivities
Interest receivable and similar income
Purchase of taiigible fixed assets
335
(73,62i)
(198.651}
Net cash f]ows from investing activities
(73,288)
(198.642}
Net decrease in cash and cash equivalents
(62,925)
(88,592}
Cash and cash equivalents at l April
367,676
456.268
Cash and cash equivalents at 31 March
304.751
i67,676
Reconciliation of llet cash flow to movement in llet fund5
Decrease in cash
(62,925)
(88,592}
Net funds at l April 2022
367.676
456,268
Net funds at 31 March 2023
304,751
367,676
All of th¢ ¢ash flows are derived from ¢ontinuing op¢rations during the above two periods.
The note5 on pages 14 to 24 form an integral part of these financial statements.
Page 13

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Aeeounting polieies
Summary of significant accoutlting policies and kev accounting estimates
The principal accounting policies applied in the preparation of these financial statements are sei out below.
These policies have been consistently applied to all ihe years presented, unless otherwise stated.
Statement of eomplianee
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice (applicable to ¢hariiies preparing their a¢counts in accordance with the
F ingncial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021) {issued in October 20191
(Charities SORP (FR8 102)), the Fillancial Reporting Stgndard applicable in the UK and Republic of Ireland
{FRS 102) and the Companies Aci 2006.
Basis of preparation
TTelya meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost or transaction value unless othetTrTrise ststed in the relevant accout]ting policy notes.
Coing concern
The financial statements have been prepared on a going concem basis.
The trllstees assess whether the use of going concem 15 appropriate i.e. whether there are any material
uriLertainties related to events or conditions that may cast 5ignifiLant doiibt oil the ability of the Lharity to
coiitinue as a ¥oing LonLern. The trustee5 make thi5 as5es5ment in respect ol a period of one year from tl)e date
of approval of the financial statements.
Income and endowments
Voluntary inLome inLludin¥ donations. gifts, legacies and grants that provide core funding or are of a general
nature is recognised when the charity has eniillement w ihe income. li is probable thai the income w'ill be
received and the amount can be measured wilh sufficient reliability.
DonNlions and legacies
Donations are recognised when the charity has been notified in writing of both the amoiint and settlement date.
In the event that a donation is subject to conditions that require a level of perfomiance by the charity before the
charity is entitled to the funds, the income is deferred and not recoyised until either those conditions are ￿1]Y
met, or the fulfilment of those conditions 15 i¥holly within the control of the charity and it is probable that these
conditions will be fiiifilled in the reporting period.
Gruiits receivuble
Grants are recognised when the charity has an entitlement to the funds and any conditions linked ro the grants
have been met. Where perfom)ance condilions are attached to the grant and are yet to be met, the income is
recognised as a liability and included on the balance sheer as deferred income to be released.
Inveslnienl income
Dividends are reco￿ls¢d once the dividend has been declared and notification has been received of the dividend
due.
Page 14

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Expenditure
All expcnditiir¢ is re¢ognised once there is a legal or constrnctive obligation to that ¢xp¢nditiir¢, it is probable
settlemcnt is required and the amoiint can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggreggte similar costs to that Categnry. Where cost% cannot be directly attributcd to
particular heading% they have been allocated on a basi% con%i8tent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the porrion of the asset's use.
Other support costs are allocated based on the spread of stsff costs.
Chtsrlttsble aellviiles
C.hariiable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
lor its beneliciaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Taxatio
The charity is CL)nsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
chariry is potentially exempt from taxation in respect of income L)r capital gains received within categories
covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied ex¢lusively to ¢haritable purposes.
Tangible fixed assets
Individual fixed assets costing £200.00 or more gre initially recorded at cost. less any subseqiient accumulated
depreciation and subsequent accumulated impairment losses.
Depreciation and #mortisation
Depreciation is provided on tangible fixed assets $0 as to ￿rIte off the Cost or valuation, less any estimated
residual valiie, over their expected usefiil econornic life as follows..
A55et class
Land and buildings
Furniture and equipment
Motor vehicles
c.omputer Equipment
Depreciation rnethod and rate
50 years %iraight Line
20 % Straight Line
33 /0 Straighi Line
33 % Straight Line
Trade debtors
Trade debtors are amounts due from customers lor merchandise sold or services perlomied in the ordinary
Lourse of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the etTective interest method. less provigion for impainnent. A provision for the impaimient of trade
debtors is established w.hen there is objective evidence that the charity will not be able to collect all amounts due
according to ihe L)riginal tem)s of the receivables.
Cash and cash eqllivalents
Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly liquid
investmenis that are readily convertible to a known amount of cash and are subjeci to an insignificant risk of
change in value.
Page IS

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Fund strueture
ljnrcstrictcd income funds are g¢neral fvnds that are available for use at the trustees, discretion in furtheran¢e of
the obj¢rtiv¢s of the charity-
Restricted income ￿ndS are those grants for use in a particular area or for Specific putposes. the use of M'hich 15
restricted to that area or puwse.
P¢nsions and other post retirement obligatlOll5
The Lharity operates a defined contribution pengion scl)eme for employees. The assetg ol. the scheme are held
separately from those ol. the charitj. Pension costs charges in the Stateinent ol. Financial Activities represent the
contributions payable by the charity during the year.
Page 16

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
2 Income from donations and legacies
Unrestricled
Tntal
2023
Total
2022
General
Donations and legacies:
Donations from companies. trusts and similar
proceeds
Donations from individuals
Grants, including Capital grants.,
Grants from other charities
23,237
2,383
23,237
2,383
8,132
140.000
140,000
16.5.620
16.5.620
8.132
3 Income from charitable activities
Unrestricted
fund5
General
Restricted
fund5
Total
2023
Total
2022
Grants & donations
Commissioned servi¢es
Sundry income
Cafe sales
561.430
29,237
561,430
29,237
11,iOI
3,4)4
734.896
19,413
11,500
3,434
14,934
590,668
605.602
754,309
4 Grants & donations
Unrestricted
fund5
Restricted
funds
Total
Art5 Council
BBC CIN Youth Investtnent Fund
3,622
500
10,000
2,893
4,671
10,000
5,000
9,000
265
7,473
9,884
3,622
500
10,000
Bernard Sunley Foiilldation
CCF Business Clubs
CCF Commissioners
C.CF Community Fund
CCF Cost of Livin¥
CCF Crisis Fund
CCF Eniily Bolitho Pund
cc I wiii
CCF ICBd
CCF Multi-Annual Grant
C.CF Social Enterprise
CCF Surviving Winter
4,671
i 0,000
5.000
9,000
265
7,473
9,884
20,000
26,409
5,000
20,000
26,409
5.000
Page 17

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Unr¢5tricted
fund5
Restricted
fund5
Total
CCF Worval Foundation
Comic Relief
Community Led Local Developmeni
C.omwall c.ouncil
Duchy Health
Elizabeth & Prince Zaiger Charitable Trust
Feeding Britain
Gaiety Girls
Great Western Railway
Henry Smith
Leathetsellers
Madron War Memorial Nllr5es Home
Ma50nic Charitable Foundation
Porthyras Players
Proceeds of Crime Act
RDPE
Seahorse c.haritable Trust WCP
Suiidry donations
Sylvia Adains
The Clothwork¢rs' Foundation
VCSE Health & Wellbeing Fund
Volunteer Cornwall
Youth Music
5,000
22,283
139,090
5,038
-s,000
37,283
139,090
5,035
3.3i3
3,000
5,000
15,(M)O
3,000
5,(H)O
2,000
23,237
60,000
25,000
23,237
80,000
2.f,000
978
20,000
978
20,000
2,iOO
2,-iOO
22,264
20,000
22,264
15,000
2.441
40,000
i 0,000
139,717
2,500
26,452
15,000
2,383
40,000
10,000
139.717
2,500
26.452
165,620
561,430
727,050
5 Incorne frorn other trading a¢tivit1¢5
Unrestricted
funds
Genernl
Total
funds
Total
2022
Trading income;
Other trading income
Property r¢ntal incom¢
609
67,820
609
67,820
863
44,684
68,429
68,429
45,547
Page 18

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
6 Expenditure on charitable activities
Unrestricted
Total
r,)
Total
2022
General fund5 Restricted fund5
2023
Project CL)Sts
Bank charges
c.ommunications
Depreciation
IT & web5lte
Licenses & subscriptions
Office supplies
Administration
Bad debts
Preinises costs & insurance
Professional fees
26,410
115,564
87
535
141,974
201
2,845
34,343
85,903
227
9,335
19,521
6,824
5,864
4,760
1,007
288
46,338
7,247
483,821
463
2,307
34,343
8.909
5,29.$
1,458
978
2,182
595
661
20
5,890
2,119
998
54,149
11,375
168.886
334
12,186
1,872
i53,487
218
66,335
13,247
-f 22.373
552
Salaries, Nl and pension
DB8 checks
Recruitment
Siaff travel
Training
Consultancy
Otl)er Staff costs
512
512
1,066
412
2,441
29,838
1,247
1,265
17,701
195
1,132
168
1,708
363
2,840
1,228
1,969
271
16
1,499
1,985
Tran5POrt costs
Irrecoverable VAT
319,594
489.573
809.167
7?5.568
7 Net ineomingloutgoing resources
Net incoming rcsourc¢s for the year in¢lud¢'.
2023
2022
Depreciation of fixed assets
34,343
19,-521
Page 19

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
8 Staff eosts
The aggregate payroll costs were as follows..
2023
2022
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
475,994
36,359
10,020
437,643
37,284
8,894
522.i73
483,821
The monthly average number L)f persons (including senior management team) employed by the charity during
the year was as follows..
2023
No
2022
No
Average number of employees
23
21
18 (2022- 161 of the above employees participated in the tkfined Contribution Pension Schemes.
Contribiitions to the employee pension s¢hen)es for the year totalled £10,02012022- £8,894).
No employe¢ re¢eived emoluments of more thwi £60,000 during the yew.
The total employee ￿nefitS of the key management personnel of the charity were £126,969 (2022- £125.080).
9 Tangible fixed assets
Land and
buildings
Furniture and
equipment
Computer
equipment
Motor i'ehicles
Total
C05t
At l April 2022
Additions
516,156
47,225
81,271
26,398
47,495
26,595
671,517
73,623
At 31 March 2023
563.i81
107,669
47,495
26,595
74.S,140
Depreciation
At l April 2022
Charge for the year
61,423
11,268
80,952
5,312
18,331
8,264
160,706
34,343
9,499
At 31 March 2023
72,691
86,264
9,499
26,595
19.5,049
Net book value
At 31 March 2023
490.690
21,405
37.996
f.f 0,091
At 31 March 2022
45 4,73)
319
47.495
8.264
Page 20

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
10 Debtors
2023
2022
Trade debtors
Prepajments
Otl)er debtors
6,539
1,391
72,304
2,085
872
29,690
80,234
32,647
Cash and cash equivalents
2023
2022
Cash on hand
Cash at bank
1,773
302,978
107
367,569
304.751
i67,676
12 Creditor5: amounts falling due within one year
2023
2022
Otlier tAxation and social secuiity
Other creditors
Accruals
10,159
8,12.f
3,387
6,773
2,076
19,699
21,671
28,548
13 Charity status
The charity is a company limited by guarantee and consequently does not have share capital. Each of the
trustees is liable to contribuie an amount not exceeding £0.01 p towards the assets of the charity in the event of
liqiiidation.
Page21

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
14 Funds
Balance at
31 March
2023
Balance al
April 2022
Incoming
resources
R¢50urc¢5
expended
Tran5fer5
Unrestricted funds
General
General fund
236,873
249,318
(319,594)
131,224
297,821
DesiRn&led
Property development fund
Building fund
50,000
4.fi 4,73)
50,000
490.690
35,9.f 7
504,733
35,957
540,690
Total unrestricted funds
741,606
249,i18
(319,594
838,$11
Restrieted funds
Cafe renovation fund
Skylar Nursery
VCSE Starting Well
Family Services
Youth work fund
Programines
Gul Skills Development
Training Kitchen & Cafe
12,816
59,212
61,601
159,423
139.717
(4,953)
(130.568)
(139.717)
169,4641
(56,902)
31,165
4,688
66,150
4.384
(43.9021
9,072
31,801
142.252)
1,193
1.S,954
129,123
?9,966
(151,708)
120,375)
6.6i I
{6,7351
2,856
Total restricted funds
140,980
590.668
(489.573
167.181
74,894
Total funds
882..$86
839,986
(809,167)
913,405
Page 22

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
Balance at
31 March
2022
Balance at
April 2021
Incoming
resources
Re50uree5
expended
Tran5fer5
Unrestricted funds
General
General fund
180,029
53,688
134,783)
37,939
236,873
Desigiirtled
Property development fund
Building fund
50,000
J13,900
50,000
454.7J3
110,323)
151,1.f6
363,900
110.323
504,733
Total unrestricted funds
543.929
53,688
145,106)
189,095
741,606
Re51ricled
Cafe renovation fund
Skvlar Nursery
Youth work fund
Programmes
Gul Skills Development
Le5ciidjack Centre
Administration fund
119,326
80,504
10,953
1,193
44.252
45,i71
236,707
182,870
(725)
(267,iiO)
194,728)
(151,156)
9,351
(47,2901
12,816
59,212
51,805
1,193
15,954
118.540
(146,838)
151,219)
119.602
119,602
Total restricted funds
256,228
754,309
(680,462
189.095
140,980
Total funils
800,157
807.997
(725,-f 68)
882.586
The specific purposes for which the funds are to be applied are as follows..
The Cafe renovation ￿nd 15 a specific grant to do thi5 work.
The Skylar Niir5ery fund includes bFrant5 received specifically for this work programine.
VCSE Starting Well is fundin.
received specifically for the Starting Well work.
The Family Services fund is lor Trelya's activities delivered to families as a whole, through its '360-degree
holistic family approach, as opposed to specific targeted Youth and Early Years work.
The Youth work fund includes giants received specilicall), for this work programme.
Gul Skills Development . an intensive support prograinme to increase employability in particpants.
The Training Kitchen & Cafe includes lunding to run the café and training kitchen at Trelya.
Programines . specific targeted support programmes.
The Administration fund comprises grants received for general administrative costs of the charity.ln prior
periods some of this funding was treaied as unrestricted funding.
The Lescudjack Centre fund shom's grants received specifically for the centre and related expenditure.
Designated funds..
The Property development fund is to set &side funds for future building ￿OrkS.
The Building fund represents the net book value of the premises.
The transfers reflect the reallocation of income and expenses to the appropriate funds.
Page 23

Trelya
Notes to the Financial Statements for th¢ Year Ended 31 Mar¢h 2023
IS Analysis of net assets between funds
Unrestricted
2023
Total fund5
General
Designated
Restricted
Tangible fixed assets
Curreni assets
CutTent liabilities
59,401
254,627
(16,207)
490,690
50,000
550,091
384,985
(21,671}
80,358
15,464}
Total net assets
297,821
540.690
74,894
913,405
Unrestricted
2022
Total funds
General
Designated
Restrieted
Tangible fixed assets
Current assets
Current liabilities
56,078
181,649
854
454.733
50,000
510.811
400,323
28,548
168,674
27,694
Total net assets
2J6.873
504.7JJ
140,980
882.586
16 Fees payable to independent examiner
During the period, the fees payable (excluding VAT) to the charity's independent examiner Community
Accounting Plus are analysed as follows..
2023
2022
Independent examination
Other financial services
1,800
1,750
3,703
6,759
5,453
17 Trllstee5 remuneration and expenses
No trustees, nor any persons connected with them. have received any remuneration from the charity during the
year.
No tnjstees have received any reimbursed expenses or any other benefit5 from the charity during the year.
18 Related party transactions
There were no related party transactions in the year.
Page 24