Company registration number". 4J15251 Charity registration number- 1089634 Trelya (A covnpany limited by guarantee) Annual Report and Financial Statements for the Year Ended ) l March 2024 Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL
Tretya Contents Reference and Administrative Details Trustees, Report 2to 12 Independent Examiner's Report 13 Statement of Financial Activities 14to 15 Balance Sheet 16 Statement of Cash Flows 17 Notes to the Financial Statements 18to28
Tretya Reference and Administrative Details Truslees Roderick James Antony Penhaul Philippa McKnight Nigel Walker Emma Favata Carol Bosworth Jill Try Carolyn Whelan Katharine Heron Gilly Gallagher Cornelius Olivier Sarah Davey Sharon Rich, Executive Director Catherine Keene. Director oloperations Alison Elvey. Finance and Athninistration Director Senior Management Team Charity Registration Number 10896J4 Company Registration Number 4315251 Registered Office The Lescudjack Centre Penmere Close PenCe Cornwall TR18 JPE Independent Examiner John O'Brien. employee of Communily Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI iGL Page I
Tretya Trustees, Report The trustees, who are directors for the puryjoses of company law. present the annual report together with the financial statements and auditors, report olthe charitable company lor the year ended 31 March 2024. Truslees and officers The trnstees and officers serving during the year and since the year end were as folloivs: Trustees: Roderick James Antony Penhaul Philippa McKnight Nigel Walker Emma Favata Carol Bosworth Jill Try Carolyn Whelan Katharine Heron Gilly Gallagher Cornelius Olivier Sarah Davey (appointed 4 April 202)) Structureg governance and management Nalure ofgoverning documen¢ The charity is a company limited by guardnlee and registered charity. It is operdted under the rllles of its memorandum and articles of associailon dated I l November 2001 and most recently amended 12 November 2019. It has no share capital and the liability of each member in the event of winding-up is limited to one penny. Recruilmenl and appoinlmenl oflruslees New trustees are recruited from the local community. All new trnstees are briefed on the activities, finances and policies of the charity as 'ell as being provided with the Charity Commission guide 'The Essential Trustee, (CC3} on their induction. Trustees give their time voluntarily and receive no benefits from the charity. Organisalional struclure Trustees are elected by the members in General Meetings and serve for three years after which period they may put themselves up for re-election. The trustees hold at least four regular meetings each year. Operational matters are dealt with by the Executive Director and the Senior Management Team. Page 2
Tretya Trustees, Report Objectives and activities Objects and aims Trelya's objects per the governing document are to enhance. for public benefil the development and education of children and young people up to 25 years old. and to advance education poverty among those in need in the UK, especially but not limited to, West Cornwall including the Isles of Scilly (herein referred to as "the area of benefit")- and to provide recreational and leisure time facilities in the interests of social welfare for those inhabitants. Trelya (the Cornish word for 'change'). is an award-winning charity set up in 2001, based in Penzance, working to improve mental health, wellbeing, and enable positive change in West Comwall"s most under resourced communities. Trelya tackles the structural inequalities and balerS m-.hich fuel cycles of deprivation head on. We aim to equip children and families with the skills and resources they need to break free and build positive, happy, healthy and fulfilling futures. We aim to ensure that children and families have fair and equal access to health, education, food, wannth and safety. We persevere. and together. no matter w'hat - we get there. Learning from over 20 years of grass roots experience we ensure our organisational aims are alm'ays led by the need of our community. Our responses are innovative. tailored. and 'e deliver what is really needed to make the long term, sustainable difference. We aim to find and build on often undiscovered inner strength and resilience. Every person 15 treated as an individual, we unlock their core a55ets and use these to ignite hope, ambition and fulfilment. The 2019 IOMD places Penzance East. where Trelya is based. in the top ) /0 most multiply deprived in England and top l 0/0 most income deprive(L making it one of the most challenged and marginalised communities in the entire country. 5? % of children are living below the poverty line. The community is experiencing levels of deprivation on a par with London and Manchestefs most deprived inner-city coinmunities yet issues such as geographical isolation, lack of access to transport and hislorical funding trends mean that they do not have access to the diversity and level of support available in the inner-city. Trelya works with those identified as experiencing the worst impact of marginalisalion. Nationally. Penzance was identified as one of the hardest hit communities by the pandemic {ONS) and saw a rise of over IOOOO/o in Universal Credit applications. The services Trelya provides are designed to meet the needs of children. young people and families impacted by multiple deprivation (including poverty) and 4 or more Adverse Childhood Experiences (ACES) including.. drug and alcohol misuse dependencv- domestic abuse- parent in prison- mental health issues within the family home; neglect, sexual: physical andlor emotional abuse. Trelya 5trive5 to break that cycle. Trelya is different from many organisations in that we offer our Services through a trautna-infornied, person-centred, and service user-led approach and addre55 Tnultiple issues through long term intergenerational support, '1th families being able to access services from pre-birth through the life course. Trelya nS several projects that seek to engage children. young people and families that need or would benefit from intervention on a long-term basis. Our programmes are about voluntary engagement and are a5 accessible as possible. Page i
Tretya Trustees, Report Our programme5 fall into three main categoTie5, Providing a holistic approach- Skylar- Early Years and Family Support Service Trelya's 'Outstanding' Ofsted registered specialist nursery provides individualised support to pregnant women and children aged 04 and their parenlslcarers. Support takes a J60-degree holistic approach, considering and working within all areas of each child's life - home. nursery. and community - providing continuity and serving as a link betw'een the different aspects. Through Skylar. each child engages in over 15 hours a week of individualised support across the Early years foundation stage (EYFS) cU1culUrn and additional services including family support. partnership work, therapeutic support and home visiting. Our unique working model has evolved from grass roots experience, whole families are offered support: interventions and opportunities - providing a family wide positive impact on health and wellbeing. One of Skylar's key aims is to address the high levels of educational disenfranchisement and structural inequalities experienced by the local Community- For example, only J l 0/0 of 5 year olds from this community achieve expected levels in EYFS prime areas compared to 700/0 nationally. Ensuring a successful transition from Trelya's Skylar nursery to and through primary is critical to children's continued success. Through Skylar Transilion, each child aged 5 to 8 years old is provided with weekly, face to face support on both a one to one and small group basis. Sessions tak'e place in class, on the playground. at home and out in the community and are lailored io meet the needs of each individual child. We work closely with parents, carers and schools, particularly class leachers, to provide specific. intensive support that meets the individual needs of each child. As Trelya has been embedded in the community for over twenty years, marginalised parents and adults, often refusing to engage with other providers. trust us and access our services. We aim through our programmes for children to become sociall!. emotionally. and physically developmentally equal with their peers by the time they start school and have a much greater chance of leading healthier, happier, and more positive lives. Gallos- Youth and Family Work Trelya's award winning youth and family programme provides long temi support for each child transitioning from Skylar, alongside working with other children and young people and families from the wider community. Gallos intervention is shaped to fit an individual's needs and circumstance and will proactively evolve throughout their Trelya journev. Each child accesses a diverse and individually tailored weekly programme of asset-based activities which combines sports. arts. community engagemenL Th'ellbeing. and travel to help develop essential life skills and opportunities. Carefully embedded in this work is our programme of accessible issue based and social education. Through a diverse range of sessions. Gallos w'orks to.. help young people increase their resilience and communication skills. discover and build upon their personal assets, develop skills for navigating challenging situations, increase levels of self-worth and confidence, uncover and pursue aspirations. whilst supporting positive engauetnent with their education. community aT]d their omm personal development. Wrapped around the work with a child is the intensive support and advocacy we offer for family and care givers. We offer family sessions, individual parent / carer 5UPPOrt 5ession5 and connection with other services. Gallos also offer5 a significant amount of 5UPPOrt and advocacy to children and their carers, helping them to understand their riJts. entitletnents and choice5. We support in navigating schools, rther education, SEND, physical and mental health systems, navigating barriers and ensuring equitable access for all. The holistic nature of Gallo s enables children and their families lo jointly experience positive interventions and support enabling more sustained and impactful chan£e for chlldren and families. Our cross-organisation approach ensures that children, young people and their familles are able to benefit from all Trelya projects and we work closely together for sustainable long temi change. Page 4
Tretya Trustees, Report Gul Skills Community Hub In the Gul Skills Community Hub at Trelva. we aim to support people who are impacted by long term and inter-generational unemployment to progress towards employmenL training and further education. The Cornish word for 'create' Gul is an intensive programme that works with people aged 18+, who are furthest from the labour market. The programme's holistic approach focuses on a whole family approach and includes a wide range of education. activities and support. This 'i60-degree holistic approach, connects each family member to relevant resources and supports them in overcoming indlvidual obstacles in their own lives, M,henever the need arises. Gul Skills Development Project is a 6 month. 3 days a week pro£rarnme which enables those aged 18+ who are irnpacted by long term and inter-generational unemployment to progress toM.-ards further education, employment and training. The programme's holistic approach includes a wide range of activities including financial management, housing, parenting. physical wellbeing supporL Level J Paediatric First Aid, child development, outdoor education, access to Maths, English and Digital Skills qualifications. healthy eating. counselling and healthy relationship workshops. On completion of Gul. participants are supported into training, further education and employn]ent with a C.V. full of tangible achievements and awards in locally relevant activities that they are interested in and motivated towards. In the first 3 year5 of Gul 77 /0 of people on the project have moved into further education, employment OT trainin& breaking the cycle of inter-generational long-ten unemployment. Gul Cafe Skills training project is an innovative ) month programme. based in our Community Café at Trelya and designed to build confidence and pra¢iical skills for individuals looking to explore work opportunities or further training within hospitality. Led by a highly experienced and knowledgeable team, the project is tailored to participant's individual needs and requirements not only lo develop confidence and competence for future employment. but also to improve life skills and increase health and wellbeing in a frlendly and supportive working café environment. Training available on the project includes.. barista training.. customer and counter service training, till operation and digilal skills- includlng crealing content for social media and advertising, food safety and hygiene fidaMenta1s. including slock control and management, kitchen record management, allergen awareness training, safe food preparation. food storage and labelling. Trelya provides a unique organisation wide, holistic, wrap around service. Woven into all of the above ) programmes are.. Crisis Support and Intervention We are committed to crisis intervention. The Trelva team works with families to avert or navigate crisis. We provide immediate response and solutions to challenges such as homelessness and food poverty. Although not a separate programme our crisis support is a key part of our work that transcends all other projects. Due to the nature of our long-tenn and trusted relationships within the community we are often the first, or only agency, that people turn to in a crisis. We offer praclical and emotional support, advocacy and supported referrals to other specialised agencies 'here appropriate. Page 5
Tretya Trustees, Report Review of activities and achievements this ear During this period Trelva coniinued io deliver and expand its pro(Frams, based on community need and aimed at supporting children, young people and fk)milies across Penwiih. Our initiaiives focused on education. personal development, and Community engagement. with a significani impact on the lives of those we serve. Below are the key activities undertaken during this period: Skylar We have welcomed new children and families into Skrylar over the last Jear. Children have also successfully transitioned from Skylar to school benefiting from 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 complex needs and are a mixture of referrals from Together for Families Social Work and Health Vislting teams, along with children knoThTL to us as sibling5 olexisting children. A Skylar SENCO has 5UPPOrted another member of staff to gain her SENCO accredited award ensuring that capacity to meet increasingly diverse needs could be increased. Sessions such as Music Therapy and Play Therapy for Children who have experienced significant trauma are also offered during a child's time in Skylar, which has a positive impact on the children's emotional well-beints self-confidence and self*steem. Skylar's outdoor offer aligned to emolional well-being and improved health outcomes has continued through daily access to the outdoors. regular slay and plays with our families and outdoor leaming challenges. Trips to local areas of interest (including St. Michales Mounl, The Hall for Cornwall. pence Gymnastics Club, Nancledra Preschool and many more) continue and include outings for the whole family, enabling them to access all areas of their community and build lasting positive memories. Significant increases in the number of children requiring medical treatment and hospitalisation for respiratory illnesses led to the setting up of bespoke health visitor clinics to support families who had dealt with a series of stressful incidents in relation to their children suffering frotn orrving and distressing s)Thptorns. This rise in respiratory illness wa5 also observed nationally folloii'ing the pandemic. The Skylar leavers joined our Skylar 'graduaies' who are already either in Reception, Year 1. 2 or J at school. We have recently appointed a ne. Skylar Family Worker who will continue to H."ork closely with local schools to offer the children in-school support sessions where appropriate. The family work is very varied and currently includes.. stay and plays; home visits, drop in sessions. housing support. in school sessions with children, family park I play sessions. walking children to school (.1th and without parents). crisis support, helping adults to access other agencies and inltiatives, enabling children to access extrd-curricular activities (boxing, judo, gymnastics etc), providing access to therapists and counsellors, support with 'life administratlon. such as benefits fonns, debt management and school paperwork, posilive parenting, and linking in with health to ensure family health needs are being met. Our multi-agency work has continued and goes from strength to strength - as we continue to play our part in the multi-disciplinary effort to keep children and families as safe and healthy as possible.
Tretya Trustees, Report Gallos Through extensive community engaoement and collaboration our Action Lescudjack project has further evolved Trelya facilities into a readily accessible. multi-disciplinary community hub which offers a timely, holistic response to families whilst bringing new and exciting experiences for youth and families to engage with. There has been a community led development of our Youth and Arts space which is now multi use and accessed by a range of Children. young people, families. and oiher professionals. The hub is popular and busy with positive social connections developing every day. This work is fosiering a sense of belonging for all family members whilst offering space and opportunity for individuals to access what they need, when they need it. Children, young people. their families have been a vital part of evolving innovative services and opportunities. Trelya have hosted theatre productions, community music nights. supper clubs, created work and exhibited in local galleries, created and released a music single. This sits alongside multiple significant personal achievements and positive self-developments for individuals. we are now an AQA registered centre and are offering a broad range accessible and inclusive accredilations for young people. A focus of the past year has been to acknowledge and explore barrier5 which prevent people from accessing POSltive and new experiences. AIoiiu5ide taking young people and familie5 to tnultiple perfonnances at The Cornwall Playhouse, The Minack and Acorn Theatres we have been bringing the experiences to the Trelya community hub - to be freely accessed and enjoyed. Our facililies have been tumed into an immersive theatre experience and we have hosted productions such as "Granda On The Moon" (which explores grief through a child's eves in a very funny and moving style). "Nadelick," offered a Cornish rooted Christmas tale whilst "Arthurs Club" was an inclusive production from a SEND specialist organisation. All hosted performances have been extremely well attended by a diverse and enthusiastic audience. Trelya and the Gallos team hosted a "Fun Palace" as part of the wider, national initiative. Working in partnehIp with multiple agencies we were able to host a multi activity day - attended by over 150 people. The Gallos team have also provided activities such as: Community roller discos (as part of wellbeing nights). Parkour experiences. beach sessions. and family art days. Our multiple strengthening partnerships have enabled offers such as.. Leach Pottery creative days, ongoing sessions with artists from Tate St Ives, exhibition and curdtlon work with Penlee gallery and museum: our house band "Painted Horses, have recorded new music and played publicly. Our young people have also loaned their art work to the local authority to be on display in their new famil hub space. All events and activities offer a learning and development opportunity. particularly notable is our young people who worked alongside a professional photographer and art15t. Their work with Steve TanT]er provided them with new technical knowledge, skills and confidence. resulting in a young people led Professional Pop-up Photographic Studio within our Youth and Arts space. Thi5 Studio event provided a chance for Trelya families and Th'ider community members to have fun yet professional family photograph5 taken. Familie5 now have these in their homes and some also form part of our in building art exhibition5 - which evolve a5 our families produce new fantastic work. Page 7
Tretya Trustees, Report Gul Skills Community Hub The Gul Skills Community Hub project has built on the success of the Gul Skills Development Project where 770/0 of people on this programme moved onto further education. employment or training. The Gul Skills Community Hub Project incorporates Gul Skills Development Project, Gul Cafe Training Project and capital works to remodel part of the centre to create a new floor with learniTJg rooms, recording studio and IT suite. This year the project was funded for some capital PUTchases. from equipment for the trainin? cafe. to laptops and projectors to deliver the Gul Skills Development and Gul Café Training projects. Also. improvemei)ts to our community centre including the installation of new flooring in one of the rooms used by the community and communal areas, some preparation costs for our solar projecl next year, and 'ork on the centres lift, enabling access to different floors of Trelya's community cenlre. Further capilal works in this project will continue throughout next year completing the development of the Gul Skllls Community. Hub. Gul Skills Development Project Gul Ski115 Developtnent Project provides support in group workshops lor 15 hours each week, over 3 days, for 6 months, plus a range of individualised 5UPPOrt, with the aim of raising adults, confidence and self-esteem, to move them c105er to employmenL education or traiT]ing. Adults have accessed a range of qualifications, which has included Level J Paediatric First Aid, Level 2 Food Safety and Hvgiene and weekly lessons with an Adult Education tutor, where they worked towards a qualification such as digital skills or English. Weekly healthy relationships workshops delivered by Pentreath Recovery College have been extremely popular, covering lopics such as self-care. motivation, stress, assertiveness and anxiety, confidence and self-esteem. As well as a plethora of activities offered at Trelya, such as cooking sessions, Zumba, singin& bike maintenance, artlcraft and MakinMending sessions, we have taken our Gul group to a variety of places of inleresl in the community.. lo raise a.arenesS of M,hat is available locally and to develop confidence in accessing them. We have been rock pooling and surfing with Cornwall Wildlife Trust, swimming at Jubilee Pool. as well as visiied Penlee Gallery, Penzance library, St Michael's Mount and the Eden Project. Individual support over and above group sessions 15 a significant part of Gul and we are often the only trusted adults who our families feel they can turn to in times of cri515. The range of support Provided has included accessing mental health services. attending court with someone IA".ho served m-.ith a Section 8 eviction notice and also a PIP {Personal Independence Payment) court appeal hearing (where PIP was subsequently awarded and backdated to January ?0?3) washing and drying clothes when M'ashing vnachine5 have broken and accessing funding for new washing machines. attending meetings with other professionals such as schools and doctors; home visits: and providing emergency food. to name but a few! Supporting adults to navigate their individual challenges, as .¢11 as supporting the wider family, is what mak.es Gul unique and is arguably key to its success. We liaise with a wide range of other professional agencies and developing trusting relationships is key to helping our adults remove barriers in their lives. This has included visits from the National Careers Service; Supporting Families Employ'ment Advisors and Disability Emplo)Inent Advisors from the Department for Work and Pensions (DWP). Live Wesl. National Energy Aclion and workshops delivered by Citizens Advice Cornwall. Healthy Cornwall and the Together For Families Early Help Team and many more. Introductions are often made infornially. during lunchtime. so that our adults are able to seek advice and gain a greater understanding of the support available. in a relaxed environment. The Gul Ski115 DevelopTnent Team were deliJted to be invited in thi5 period. to share their work as one of the most impactful projects in Cornwall, at the Community Led Local Developtnent end of project celebration. 770/oof people on this programme moved onto further education. employment OT training and 960/0 of people completed the project.
Tretya Trustees, Report Gul Cafe Skills Training Projeel Gul Café Skills training project is an innovative programme desitsned to build confidence aTJd practical skills for individuals looking to explore work opportunilies or further training within hospitality. Led by a highly experienced and knowledgeable team, Ihe project is tailored to participant's individual needs and requirements not only to develop confidence and competence for future employmenL but also to improve life skills and increase health and wellbeing in a friendly and supportive working cafe environment. During this period participants have engaged in barista training, customer and counter service training, till operation and digital skills. including creating content for social media and advertising. food safety and hygiene fundamentals; including stock control and mana?emenL kitchen record management. allergen awareness training, safe food preparation. food storage and labellin?. Practical cookery and food workshops have permitted recipe and menu development- allowing for discussions on sourcing local and seasonal ingredients. and our bakery skills training has enabled participants to explore multiple elements of patisserie including pastry work, bread and cake baking. Supervised by the multidisciplinary cafe team. participants have helped to prepare daily menu items and daily specials, create whole50me lunches for other projects at Trelya including daily dishe5 for the in-house nursery facility and youth work programme. Participants helped produce full and varied buffet5 and bespoke menu5 for larger catering events learning how to upscale recipes and accommodate multiple dietary requirements including gluten-free and dairy-free. Trelya Community Café The Community Cafe has become a vibrant and welcoming space this J'ear serving light breakfasts, light lunches - including an additional daily specials menu - and fresh baked cakes and pastries for afternoon tea. The cafe is a light. bright and all-inclusive space welcoming all from the local cornrnunity and other services operating in the building. The menu is priced specifically for affordability and accessibility with most menu items available for less than£5. ApproNimately 80/0 of food produced in the cafe is accessed for free by individuals engaging with Trelya's projects. through the community larder referrals, warn]th hub, or via our pay-it-fonvard scheme which invites paying customers to make a donation so that soTneone else can eat or drink for free in the cafe at the point of need. Trelya Community Food Larder We developed our Community Food Larder at ihe start of ihis year. The community larder provides fresh fruit and vegetables. bread, milk, cheese and e?gs lo indlviduals and families experiencing food insecurity. Personal care and hygiene products are also available and. like ihe fresh produce, are free at the point of need. Those accessing the larder have been encourdged to seek recipe ideas and cooking tips from our experienced chefs which often results in widening food choices and increased food diversity. The larder is also supported with excess produce from the Cornivall Gleanino Nettl'ork who gather or 'glean' crops left in fields after commercial harvesting. This produce is then distribuled to local charilies and organisations from the gleaning 'hub' based in our Community Cafe so that the produce can be used both as an action against food insecurity and to reduce food waste. Additional support was provided including access to our warni bank. a free. healthy breakfast or brunch at the café and a range of more tailored infornlal one to one support. The support included ..hat healthy meals to make with their 'shopping', advice around food (such as the best herbs and spices to add to dishes), and recipes: and general support around wider family issues including parenting, budgeting and wellbeing advice and signposting to other services and professionals. Some of the extemal referrals to the larder go on to access additional support from Trelya through our other programmes. Additionally. the larder has provided occasional 'emergeiicy supplies, to individuals and families experiencing short-lenn food insecurity and financial hardship who walk into the Trelya Community Hub for support. In addition to food supplies, links with organisations such as The Beauty Bank has meant we can now offer those accessing the larder a range of personal hygiene products and toiletries such as shampoos: shower gels and reusable period pants. Page 9
Tretya Trustees, Report The Lescudjack Centre Trelya's base, The Lescudjack Centre, has really grown as a vibrant and busy Community Hub throughout the year and a wide variety of other agencies have also provided their support and activities to the cornrnunity over the past 12 months. This has included the National Careers Service. a Supporting Families Employment Advisor. CAB (Citizens Advice Bureaux). Live WesL Tate St Ives. Leach Potterv. Minack Theatre and so many more. Healthy Cornwall have delivered very inforniative sessions around healthy eating and stopping smoking, and as a result, a significant number of people have referred themselves to Slimming World and Stop Smoking Services. The wonderful New[ Gaiety Girls continue to support Trelya s Community Hub in many ways, supporting family arts and crafts sessions and donating tnany items of clothing. CitizeT]s Advice Cornwall have delivered budgeting workshop5, which was followed up with l-l se55ions with a CAB financial advisor if needed. Pottery workshops run by Leach Poitery have been enjoyed by all. folloed by family printing workshops. Members of the communit). 'orked totsether lo creaie some lovely masterpieces. including some wonderful cups, which now serve coffee in our Community Cafe. We have also beei) fortunate to receive a number of visits at Trelya Communily Hub from a repair van from Treverbyn Community Trust visited with a National Careers Service Advisor and families M'ere inviied to bring in their small electrical items to be repaired and to leam how to repair items themselves. Life Rec)"¢le have also visited us. setting up bike maintenance workshops and delivering free bikes to children. young people and families in the communit),. We have extended our partnership working throughout the year and have hosted visits including: Colonel Edward Thomas Bolitho, OBE. Lord Lieutenant of Cornwall and the Isles of Scilly, Dame Andrea Leadsom DBE, John Govett Cornwall ICB {corn'all and Isles of Scilly Integrated Care Board) Chair, Alex Skinner Strategic Finance Director DWP and many more. On Friday 15th September we welcomed HRH The Duke of Edinburgh to Trelya. HRH The Duke of EdinburJo met staff. children. Joung people and families we work with, and he was able to see rSt-hand the work Trelya does within the community and the significant impact it has. In addition to our permanent tenant Smile Together NHS Dentist. in June we welcomed a new tenant, Health & Wellbeing West Limited, M'ho run the Pen.1th Mental Health and Wellbeing Hub. Poor Mental health has coniinued to rise within the community and we are delitshted that our colleagues from the PCN (Primary Care Network) chose Trelya Community Hub in Spring 202) to be the location for their Penzance Mental Health and Wellbeing Hub. Hundreds of people are benefiting from accessing this support on a ."¢¢klY basis providing swift access to holistic mental health support for adults. Room bookings at Trelya's community centre have steadily increased throughoul the year H'iih bookings near to pre-pandemic levels and round )0 organisations are using the centre through the Course of a month. Trelya's work in the financial year 202J-2024 has made a profound difference in the lives of the most in need children, young people and families across Penwith, helping them to achieve their potential and build brighter futures. Our commitment to providing community led comprehensive support and opportunities continues to drive positive change in our community. Public benefit The trustees confirni that they have complied with the requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 10
Tretya Trustees, Report Aims and key objective5forfulureperiod5 Skylar Expansion We have a growing waiting list for places at Skylar and plan to expand the number of children and families who are able to access the service over the coming year. We have successfully won a tei)der securing the land adjacent to our centre. The land belongs to Cornwall Council and we are working with Cornwall Council to finalise the lease. GUL Community Skills Hub The funding secured to create a Community Skills Hub has seen the delivery over the year of the Gul Skills Development Project and the Gul Cafe Skills Project and the slart of some capital improvemei)ts. For the iiext year further capital w'orks w'ill be completed to secure the future of the building. such as new windom's and doors, a solar project. and new heating. Gul Skills Development Project Over the next year we will be helping a further JO people through this project and searching for further funding to continue to deliver beyond March 2025. GUL Cafe Skills Project Over the next year we will be delivering a dedicated skills project to train people in our café, and provide volunteering opportunities, 50 they have the skills to enter the hospitality sector. Community Larder Over the next year we will grow our partnerships/work with more local oroanisations to distribute surplus food. We want to reach more of the local community by receiving more external referrals - this will be done through our social medialword of mouth. Most of our referrals are internal, but some come through the Primary Care Network Mental Health Hub, Health Visitors, Growing Links and West Cornwall Womens Aid. Financial review Policy on reserves The Trustees consider it necessary to maintain sufficient reserves to maintain the building and sustain the charity over six months. Our current position is that e have unrestricted net current assets of £312,565 {2023'. £288.420) which equates to 3.7 months, average total expenditure. Statement of Responsibilities The trustee5 (who are also the directors ol Trelya lor the puryjoses ol covnpany law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law 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 ?006 relating to small companies. Company law requires the trustees to prepare fmancial statements for each fmancial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable compans, for that period. In preparing these financial statements, the trustees are required to- select suitable accounting policies and apply them consistently; observe the methods and principles in the Charitie5 SORP- make judgements and estimates that are reasonable and prudent- Pagell
Tretya Trustees. Report state whether applicable accounting Standards, comprising FRS 102 have been followed, subject to any material departure5 disc105ed and explained in the financial statements- and prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial posilion of the chariiable company and enable them to ensure that the financial statemeiits comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the preveniion and detection of fraud and other irregularities. The trustees are responsible lor the maintenance and integrity of the corporate and financial information included on the charitable company's website. Leuislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Stnall companies proTr'ision Statement This report has been prepared in accordance with the small companies girne under the Companies Act 2006. The annual report was approved by the trustees of the charity on 171.121.2Q23 and signed on its behalf by: Roderick James Trustee Page 12
Tretya Independent Examiner's Report to the trustees of Trelya ('the Company,) Independent examiner's report to Ihe Irustees of Trelya ('the Company,) I report to the charity trustee5 on my examination of the accounts of the company for the year ended 31 March 2024. Responsibilities and basis of report A5 the charity'5 trustees of the Company (and also its director5 for the purpose5 of company law) you are responsible for the preparation olthe accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the ?01 l Act,). Jn carrying out my examination I have followed ihe Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act. Independent examiner's statement Since the Company's gross income exceeded £250.000 your examiner must be a mernber of a body listed in section 145 of the 201 l Act. I confinn that l am qualified to undertake the examination because l am a member and Fellow of the Association of Charity Independent Examiners. which is one of the listed bodies. I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe that in any material re5pect- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the accounting requirements of Section J96 of the 2006 Act 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- or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. riLn MSL, F.IIA, FL'CA. FCIE. employee of Community A¢couTJting Plus Fellow of the A$SlatIOn of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 18112124 Page li
Tretya Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Reslricted Nole Ineome and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 39.002 28,657 84,168 987 165,620 605,602 68,429 837,847 866,504 84,168 987 Total income 152,814 837,847 990,661 839,986 Expendilure on: Charitable activities (I lJ.097) (886,334) (999.431) (809,167) Total expenditure (I lJ.097) (886.J34) {999,431) (809,167) Net incomel(expenditure} (48,487) (8.770) Net movement in funds (48,487) (8,770) 30,819 Reconciliation of funds Total funds brought forward 8i8,511 74,894 913,405 882,586 Total funds carried forward 14 878 ?28 26,407 904,6J5 91 J,405 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdowm for the period is shown in note 14. The notes on pages 18 to 28 forni an integral part of these financial statements. Page 14
Tretya Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous accounting period and are ineluded for comparative purposes Unrestricted Reslrieled Total funds fund5 2023 Notc Income and Endowments from: Donations and legacies Charitable activiiies Other trading activities Investment income 165,6?0 165,620 605,602 68,429 590,668 Total income 249,318 590,668 839,986 Expenditure on: Charitable activities (319.594) (489.573) (809,167) Total expenditure (319.594) (489,573) {809,167) Net (expenditure)/income Transfers between funds (70,276) 167,181 101,095 (167,181) Net movement in funds 96,905 (66,086) Reeoneiliation of funds Total funds brought forward 741,606 140,980 882,586 Total funds carried fon¥ard 14 838,511 74,894 913,405 The notes on pages 18 to 28 forni an integral part of these financial statements. Page 15
Tretya (Registration number: 4315251) Balance Sheet as at 31 March 2024 2024 2023 Note Fixed assels Tangible assets 565,66J 550,091 Current assets Debtors Cash at bank and in hand io 145,336 426,149 304,751 571,485 384,985 Creditor5: Amount5 falling due within one year 12 (232,51 J) (21,671) Net current assets J38,972 J6J,314 Net assets 904,635 913,405 Funds of the charity: Restricted income funds Restricted funds 14 26,407 74,894 Unrestricted income funds Unrestricted funds 878,228 838,511 Total funds 14 904,635 913,405 For the fJnancia] i.eat ending 31 March 20?4 the chatiti. M"as entitled to exemption from audit under section 477 of the Companies Act 2(X)6 relating to small companies. DiTCCtors' r¢sponsibiliti¢s'. Th¢ m¢mbcrs hav¢ not r¢quircd th¢ charity. io obiain an audii of its accounts for ih¢ I'car in qucstion in accordancc with s¢ctJon 476.. and The direciors acknowledge their iesponsibililies for compl1.ing m.ith ihe requitements ofihe Aa 1th respeci io accouniing records and Ihe preparation olaccounis. These fitjancial 5tatement5 have been piepated it] accoidance w.ith the special provisions relating to companie5 Subject to the small cumpanie5 Tegitnt M"ithin Part li of the Companie5 Act 2006_ The financial statements on pages 14 to 28 were approved by the trustees. and authorised for issue on 1.7.112124..... and signed on their behalf by: Antony Penhaul Trustee The notes on pages 18 to 28 forni an integral part of these financial statements. Page 16
Tretya Statement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Note Cash floivs from operating activitie5 Net cash (expenditure)lincome {8,770) Adjustments to cash flow's from non-cash items Depreciation Investment income 34,343 (335) 64,827 (987) 29,603 Working capital adjustments Increase in debtors Increase/(decrease) in creditors 10 12 (65,102) 210,842 (47,587) (6,877) Net cash flows from operating activities 175,34J Cash flows from investing actii'ities Interest receivable and similar income Purchase of tangible fLKed assets 987 (54,932) (73,623) Net cash flows from investing activities (53,945) (73,288) Net increase/(decrease) in cash and cash equivalents 121,398 (62,925) Cash and cash equivalents at l April J04,751 367,676 Cash and cash equivalents at J l March 426,149 304,751 Reeonciliation of net cash flow to movemellt in net (unds Increasel(decrease) in cash 121,398 (62,925) Net funds at l April 2023 304,751 367,676 Net funds at 31 March 2024 426,149 304,751 All of the cash flows are derived from continuing operations during the above two periods. The notes on pages 18 to 28 forni an integral part of these financial statements. Page17
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 l Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial Statements are set out below. These policie5 have been consistently applied to all the years presente(L unle55 Othenvi5e stated. Slatement of compliance The financial statements have been prepared 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 Republic of Ireland (FRS I O?)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK aTJd Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparalion Trelya meets the definition of a public benefit enlity under FRS 102. Assets and liabilities are initlally recognised at historical cost or transaction value unless otherw'ise siaied in the relevant accounting policy notes. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concem is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Income and endowments Voluntary income including donations. gifts. legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitleTnent to the income. it is probable that the income will be received and the amount can be measured with sufficient reliability. Donations and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perforniance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those condition5 15 wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting peri(Kl. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance condition5 are attached to the grant and are yet to be met, the income is recognised a5 a liability and included on the balance sheet a5 defeed income to be released. Investment income Dividends are recogni5ed once the dividend has been declared and notification ha5 been received of the dividend due. Page18
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 Expendilure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregale similar costs to that calegory. Where costs cannot be directly attributed to particular headings they have been allocated on a basls consislent with the use of resources, with central staff costs allocated on the basis of time spent. and deprecialion charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charilable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneflciaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity is considered 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 charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter J Part I l of the Corporation Tax Act 2010 or Section ?56 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed a55ets Individual fjxed assets costing £200.00 OT more are initially recorded at cost, less any Subsequent accumulated depreciation and subsequent accumulated itnpairment losse5. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost OT valuation, le55 any estimated residual value, over their expected useful economic life as follows: Asset class Land and buildings Fumiture and equipment Motor vehicles Computer Equipment Depreciation melhod and rate 50 years Straight Line 200/0 Strdight Line 330/0 Straight Line 330/0 Straight Line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are recognised inilially at the transaction price. They are subsequently measured at amortised cost using the effective interest metho(L less provision for impainnent. A provision for the impainnent of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tenns of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other short-tenn highly liquid investments that are readil}, convertible to a knom'n amount of cash and are subject to an insignificant risk of change in value. Page 19
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 Fund struclure Unrestricted income funds are general funds that are available for use at the trustees, discretion in filltherance of the objectives of the charity. Restricted income funds are those grants lor use in a particular area or for specific purpose5, the use of which is restricted to that area or purpose. Pensions and other post retirelnent obligation5 The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the Charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year. Page 20
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 2 Income from donations and legacies Unrestricted runds General Totsl 2024 Total 2023 Donations and legacies. Donations from companie5, trusts and similar proceeds Donations from individuals Grants, including capital grants; Grants from other charities 23,237 2,383 5,156 5,156 33,846 140,000 i9,002 165,620 3 Income from charitable activities Unrestricted funds General Restricted funds Tolal 2024 Total 2023 Grants & donations Commissioned services Sundry income Cafe sales 791.672 41,995 4,180 791,672 41,995 4,180 ?8,657 561,430 29,237 11.501 3,434 28,657 28,657 8J7,847 866,504 605,602 4 Grants & donations Unrestricted funds Reslrieled funds Total BBC Children in Need Carefree Cornwall CCF Caledonia Investments CCF Cost of Living CCF Emily Bolitho Fund CCF Police Property Act Fund CCF Sedell-collings CCF Surviving Winter CCF Worval Foundation Community Food Hubs Comlc Relief Community Levelling Up Programme Duchy Health Elizabeth & Prince Zaiger Charitable Trust 28,545 28,545 3,000 14,045 5,000 2,088 14,045 5,000 2,088 4,363 5,000 10,000 5,000 7,000 12,870 142,31J 20,000 5,000 i 0.000 5,000 7,000 12,870 142,31J 20,000 Page21
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 Unrestricted funds Reslrieled funds Total Good GrOth Shared Prosperity Fund George Oliver Garfield Weston Henry Smith The Leathersellers, Foundation Madron War Memorial Nurses Home Historic England Sport England National Lottery Community Fund Tesco Community Fund Youth Music Sundry donations Stephen Clark CS Swire Charitsble Trust Smile Together Dental Volunteer Cornwall 358,391 6,500 25,000 55,386 358,391 6,500 25,000 226 226 7,520 2,000 5,256 60,144 500 5,014 6,204 20,000 5,809 500 10,000 7,520 2,000 5,256 43,126 500 5,014 1,048 17,018 5.156 16,602 5,809 500 10,000 791,672 830,674 5 Income from other trading activities Unrestricted funds General Total funds Total 2023 Trading income. Other trading income Property rental income 609 67,820 84,168 84,168 84.168 84,168 68,429 Page 22
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 6 Expenditure on charitable activities The following table presents expenditure using a natural classification. Support costs have not been separately allocated and disclosed as the Trustees believe they are immaterial to the financial statements. Unrestricted General funds Restricted (unds Total 2024 Total 2023 Project costs Bank charges Communication5 Depreciation IT & website Licenses & subscriptions Office supplies Administration Other intemal transfers & overheads Premises costs & insurance Professional fees Salaries, Nl and pension DBS checks Recruitment Staff travel Training Other staff costs Transport costs Management and other charges 24,004 217 1.910 156,?69 300 102 180,273 517 2,012 39,360 10,540 7,994 3,916 127 141,974 201 2,845 34,343 11,091 5,890 2,119 998 10,476 7.498 496 77 127 (116.826) 67,812 5,886 77,002 116,826 4.331 449 586,576 65 96 209 5,3i I 72,143 6,335 663,578 958 382 66,335 13,247 522,373 552 512 286 1,322 1,305 1,176 1.948 {15,lJ8) 2.840 1.499 1,985 ,176 I lJ,097 886,JJ4 999,4J I 809,167 7 Net incomingloutgoing resources Net (outgoing)lincoming resources for the year include- 2024 2023 Depreciation of fjxed assets 39,360 34,343 Page 2)
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 8 Staff costs The aggregate payroll costs were as follows: 2024 2023 Staff cosls during the year were: Wages and salaries Social security costs Pension costs 599,824 51,184 12,570 475,994 10,020 663,578 522,373 The monthly average number of persons (including senior management team} employed by the charity during the year was as follows.. 2024 2023 Average number of employees 24 20 (202J - 18) of the above employees participated in the Defined Contribution Pension Schemes. Contributions to the employee pension schemes for the year totalled £12,570 (2023 - £10,020). No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £128,880 (2023 - £126,969). 9 Tangible fixed assets Land and buildings Furniture and equipment Computer equipment Motor vehicles Total Cost At l April 202J Additions 563,381 107,669 47,495 26,595 745,140 54,932 At J l March 2024 563,381 145,862 47,495 43,334 800,072 Depreciation At l April 2023 Charge for the year 72,691 86,264 9.499 9.499 26,595 5,580 195,049 39,360 At 31 March 2024 83,959 99,277 18,998 32,175 234,409 Net book value At J l March 2024 479,422 46,585 28,497 11,159 565,66J At J l March 2023 490,690 21,405 550,091 Page 24
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 10 Debtor5 2024 2023 Trade debtors Prepayments Other debtors 18,509 11,836 114,991 1,391 72,304 145,336 80,234 I I Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 1,214 424,935 302,978 426,149 304,751 12 Creditors: amounts falling due wilhin one year 2024 2023 Other taxation and social security Other creditors Accrnals 11,348 10,159 8,125 218,OJ6 232,513 21,671 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 contribute an amount not exceeding £0.01 p towards the assets of the charity in the event of liquidation. Page 25
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 14 Funds Balance at 31 Mareh 2024 Balance at April 2023 Incoming resources Resources expended Transfers Unrestricted funds Generol General fund 297.821 152,814 (I lJ.097) 11,268 348,806 Designoled Property development fimd Building fund 50,000 490,690 50,000 479,422 (11,268) 540,690 (11,268) 529,422 Total unrestricted funds 8J8,511 152,814 (113.097) 878,228 Restricted funds Action Le5cudjack Family Services GGF Community Hub Gul Cafe Skills Training Kitchen & Cafe Gul Skills Development Skylar Nursery Youth work fund Administration fund 154,813 51,103 76,400 44,619 (154,81)) (59,830) (76,400) (44,619) (24,165) (181.470) (175.524) (96.428) (7i.085) 9,072 345 2.856 181.740 144.)59 64.627 98.877 270 25,792 Total restricted funds 74.894 8J7.847 (886,J)4) 26,407 Total funds 913,405 990,661 (999.431) 904,635 Page 26
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 Balance at 31 March 2023 Balance at I April 2022 Incoming resources Resourees expended Transfers Unrestricted fund5 General General fund 236.87J 249.)18 (319,594) 131,224 297,821 Designated Property development fund Building fund 50.000 454,7JJ 50,000 490,690 35,957 504,73J 35,957 540,690 Total unrestricted funds 741.606 249.)18 (i19.594) 167.181 838,511 Restricted Family Services Training Kitchen & Cafe Gul Skills Development Skylar Nursery Cafe renovation fund Youth work fund VCSE SLqrting Well Programmes 4.688 29,966 129.12J 159.42J 61.601 66.150 lJ9.717 4,384 (6,735) 9,072 2,856 (20,375} (151,708) (130,568) (4,95J) (4?,252} (139,717) 15.954 59.212 12.816 51.805 (56,902) (69,464) (4J,902) (1,193) Tot21 restricted funds 140,980 590,668 (489.573) (167.181) 74,894 Total funds 88? 586 8J9.986 (809,167) 913,405 The specific purposes for which the funds are to be applied are as follo,5- Action Lescudjack 15 a multi-disciplinary coTnTnunity hub project. The Family Services fund is for Trelya's activities delivered to familie5 as a whole, througth its '360-degree holistic family approach, as opposed io specific targeted Youth and Early Years work. GGF Community Hub is a series of Capital works to develop Trelya as a Community Hub Gul Cafe Skills is an intensive support programme to in¢a$¢ employability Ill the hospitality sector of participants. The Training Kitchen & Cafe includes funding to run the cafe and training kitchen at Trelya. Gul Skills Development - an intensive support programme to increase employability in participants. The Skylar Nursery fund includes grants received specifically for this work programme. The Youth Work fund includes grants received specifically for this work programme. The Administration fund is for funding received where all or part of the funding is for Admin costs. VCSE Stsrting Well is fidIng received specifically for the Starting Well work. The Cafe renovation fund is a specific grant to do thls work. Programmes - specific targeted support programmes. Designated funds.. The Property development fund is to set aside funds for future building works. The Building fund represents the net book value of the premises. Page 27
Tretya Notes to the Financial Statements for the Year Ended 31 March 2024 The transfer from the Building fund to the General fimd brings the Building fimd into line with the canying value of the land & buildings. 15 Analysis of net a55ets between funds Unrestricted 2024 Total funds General Designated Restricled Tangible fjxed assets Current assets Current liabilities 86,241 265,694 ().199) 479,422 50,000 565,663 571,485 {232,513) 255,791 (229.384) Total net assets )48,806 5?9,422 ?6,407 904,635 Unrestricted 2023 Total funds General Designated Reslrieled Tangible flxed assets Current assets Current liabilities 59.401 254.627 (16,207) 490,690 50,000 550,091 J84,985 (21,671) 80,358 (5.464) Total net assets 297,821 540.690 74,894 913,405 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 follo.5= 2024 2023 Independent examination Other financial services 1,995 1,489 1,800 4,959 6,759 17 Trustees remuneration and expenses No trustees, nor any persons connected with them. have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 18 Related party transactions There were no related party transactions in the year. Page 28